davidaulloa/AmericanStories huggingface dataset:
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1927-06-16

alcolm Todd, gifted young Durant
{ician, leaves Thursday afternoon
Cincinnati, where he will take a
Aer course in music. Following the
kpletion Of this course, he plans to
kr the Baptist Seminary, at Fort
Srth, Texas, for two year course in
Sngelistc singing.
Ialcolm is son of Conductor S. M.
Id, of the Durant- -Tchula train, and
kcompetition with a number of mu-
ans from all over the state, won the
Y prize at the State Federation of
bic Clubs contest, recently held at
ftiesburg, the prize being the scholar
b to the Cincinnati Conservatory of
bic, in which he is soon to be en-
ed. He has an unusually fine voice,
is a violinist of high ability. Du-
and Holmes County are proud of
talented young man, and predict for
Brilliant future. He is a mem
Of the First Baptist Church, where
acts as choir leader; he has also
ved as gospel singer with Rev. J. M,
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1927-06-16
Metts at various evangelistic meetings

Metts at various evangelistic meetings
throughout the state.
Young Todd has been living in Du-
rant for the past three years. He at
tributes his musical success largely to
the compulsory music course in the
grammar schools of Memphis, followed
by training in the high school there, and
further enhanced by study under Mrs.
T. P Ramsey, of Durant and Mr.. Pitard,
of Jackson. He was student for one
year in the South Side High School, Of
Memphis, where he was trained in glee
club and orchestra work under Miss
Claudia Eckles, who is still employed
in instructing the Memphis pupils in
the principles and practices of music.
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1927-06-16

looking Lots of houses are washed
down in the north end of town, but not
in the other parts. The levee is packed
with tents, three rows deep. It looks
like city up there"
The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1927-06-16

CarbOlineum will kill and keep
off Chicken Mites -BealPs Drug
Store.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-21
Baltimore Markets.

BALTIMORE, August 20 (SpeciaD.
Market for white potatoes continues
under ample receipts, but fair demand
prevails for we'll graded No. l stock
at $50 to 800 a barrel, but ungraded
and No. 2 stock is slow sale at 1.25
to Its. Round potatoes are bringing
premium of 25 cents a barrel over
long stock, but they must be well
graded and not mixed to command top
values. Sweet and yams in only linn
tied demand and only No. ] stock will
bring 800 to 400 a barrel, with NO.
Is selling mostly $50 to 200, while
small or irregular quality and off
grade stock Is slow sale at uncertain
values.
Market for native and nearby gar
den truck rules easy, and, despite
fairly active demand, prices generally
favor buyers at the following quota
tions: Stringless green beans, 1.O0a
125 bushel; beets, 2.00a3.00 100; cab
bage, 2.00a4.00 100; carrots, 3.O0a4.0O
100; sugar corn, 30a40 dozen; field
corn, E0a25 dozen; cucumbers, 50a6O
basket: eggplant, 60a75 basket; onions,
75a1 90 bushel; peppers, 30a35 basket;
squash, 30a40 basket; tomatoes, 25aS5
basket, and 40a50 bushel for packing
stock.
Closing grain quotations: Wheat,
No. 2 red Winter export, 1.463s; No.
red Winter garlicky export, 1.39 Is !;
corn, domestic. No. 2, 1.28a1.29; cob
corn, $50 per barrel nominal; oats. No.
9 white, old, SO 12a60; No. white, old.
571a5S: rye, nearby, 1.05a1.15.
Egg Prices Increase.
Market for native and nearby eggs
has shown a flrmer tendency this
week, and under only moderate re.
ceipts and values are shade higher
for both strictly fresh stock and cur
rent receipts. There is very little
trading on the exchange at this sea-
son of the year, and while eggs that
meet the grade meet with ready sale
on the street, offerings Of doubtful
quality are slow to find favor, even at
discounts, as buyers hesitate to take
hold Of this class of eggs and the loss
off under the candle has been running
rather heavy. The market closed to-
day at 80 cents a dozen for firsts In
free cases, an increase of a cent
dozen over opening prices Monday,
and 20 cents for current receipts, an
increase Of cents dozen.
Live Poultry Quotations.
The general live poultry market
rules easy under liberal receipts and
mostly of small understood fowl,
which Is slow sale at inside values.
Choice Spring chickens. 2 pounds and
over. however, are In light receipt
and this class Of stock meets with
ready sale at 26 to 80 a pound, while
smaller fowl bring 20 to Is. Ship.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-21
EASIER TONE NOTED
IN COPPER MARKET
Tin Declines, Lead Reported as
Steady-Metals Show Fair
Business Volume.

By the Associated Press.
NEW YORK, August 20.--An easier
tone has been reported in the copper
market. Consuming needs appear to
have been covered so far as immediate
spot requirements are concerned, and
price shading has failed to stimulate
any buying interest of Importance. Ex-
cept in the way of small lots, however,
no selling pressure has developed. Pro
ducers are said to be confident of an
early revival of demand, and are gen.
orally holding electrolytic for 1914
cents, delivered at New England
points, although some metal is be-
lieved to be available below that
figure.
Tin declined early in the week in
sympathy with the London market,
but later values were steady with an
improvement in the volume of buying
for consumers account.
Lead was steady, but there were in
timations of some shading in the Mid
die Western markets by small pro-
ducers and dealers. Demand was mod
crate.
Zinc was steady and a fair volume
of business was reported. largely for
September and October positions. Ore
remained firm.
Anthony was slightly easier as a
result of holders liquidating spot
stocks. Consuming demand was dis
appointing.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-21
NEW YORK DRY GOODS.

NEW YORK, August 20 CP).-The
gray goods market was exceptionally
active for Saturday. Large sales were
made. Various lower prices were
Withdrawn and advances were paid on
a few constructions. During the week,
sales of print cloths Appropriated
$4,000 pieces and as many pieces Of
other coarse yarn goods were sold
Many large inquiries were being SUBJ
mitted to mills to learn whether they
cared to accept orders on current
prices. The burlap market was fairly
active, sales Of spots and af1oats going
through at advances. Calcutta cables
reported the bazaar unchanged to
slightly firmer. The Yokohoma raw
silk market was quiet after the re.
markable 50.yen advance of the pre-.
vious day. A 10-yen recession failed
to affect prices here.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-21
FEDERAL RESERVE BANKS AID
IN STABILIZING FINANCES
Head of Regional Institution at Richmond
Discusses Conditions Before and After
System Was Adopted

malcy-it may be settling for that
point right now.
Continuing his reply, Gov. Seay
said:
IL think that those concerned with
the operation of the Federal Reserve
banks have often speCulated upon
what would be the ordinary demand
on the resources of the Federal Re
serve Bank; q considerable number of
our banks are always borrowing,
sometimes 800 and more at a time--i
think the New York Bank has some
900 or more member banks, and at one
time--I do not recall the tirne-some
800 of their members were borrowing
from them-so frequently you will find
that at given time one-third of the
member banks We're borrowing for one
reason or another. The seasons vary.
some making demand at one time for
credit and others at another time. So
l am of the opinion, as far as L have
gone into our affairs, that the ordi.
nary borrowing of the banks in this
district is likely to provide sufficient
profits to pay dividends. Does that
answer your question:"
Mr.. Newcomer said: 81 will put
the question differently. Is there
point where the reserve is considered
as getting too low and reaching the
danger point? In other words, is there
moment when your reserve is get
ting too low? Eighty per cent means
very little to me; 1 don't know wheth-
err you are scared of so per cent, or
40, or what it would be-
Danger Point Fixed by Law.
Gov. Seay replied: you know that
the law has fixed what it regards as
the danger point, practically 40 per
cent. There is point never to be
forgotten, and that is that the reserves
of the member banks of the country
are not being sustained if any borrow.
ing whatever is being done from the
Federal reserve. You know the re-
serves of the country are a very small
percentage. and unless the system re-
serve is maintained at 100 per cent
the reserves of the member banks are
being used over again. But there is
nothing alarming in that.
II am not prepared to say what Is
the danger point, but l will say that
as the reserve goes down our watch
fulness increa ses. / might say that
anything verging toward go per cent
it has not been that for a long time
would indicate a very greatly expand
ing condition in this country, but I
am not saying that it would be a dan.
gerous condition. Last year the ex-
pansion of loans reached the peak in
the banking history of the country,
and yet the increase during last year
was not quite as great as the increase
up to that time; and as far as the
holdings of the Federal Reserve banks
are concerned they had more CONNER
cial paper. The credit extension to
banks was more by reason Of holdings
of commercial paper than by holdings
Of paper against securities"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-21
BY I. 4. FLEMING.

Waldo Newcomer, chairman of the
board of the Baltimore Trust CO., at a
recent meeting of the stockholders of
the Richmond Regional Bank, asked
Gov. Seay this question:
"In normal times. what would you
consider a fair percentage of re-
Serves?"
And Gov Seay answered: Under
the Federal reserve system we have
never had normal times, unless q per-
son should consider them normal with
in the last two or three years. We had
very little to do when we were first
organized, but that was not normal"
Business men will recall with but
little difficulty that the reserve bank
ing law came into effect shortly after
Mr.. Wilson's election and induction
into the presidency: that there fol-
lowed thereafter and just before al
most stagnation in business. 1t is
equally easy to recall the threat Of
Secretary Redfeld of the Department
of Commerce to elevate" any one
guilty Of doing anything to make for
further depression.
The emergency currency legislation
had tided over the strained financial
conditions before the reserve act was
ure was, as Gov. Seay says, scarcely
used for time.
War Brings Abnormal Activity.
Then in 1914 came the war, and long
before the United States entered the
struggle the demands OF the allied con-
testants for munitions Of war, various
equipment, food and provisions had
turned dullness into abnormal activity
and the reserve system began to func-
ton abnormally.
Abnormal activity continued through
until the entrance of the United
States into the world struggle--with
"all it's resources" Liberty bond issues
made their appearance in billions
financing on the largest scale in the
worlds history as all energies of the
Government were turned toward the
offensive, extending the hand of friend
ship and bounty with over $11 900, 900
900 to the allies to aid the cause.
All this financing, coupled with the
repurchase Of all allied holdings Of
American securities, would have been
next to impossible but for the Federal
reserve law that permitted banks to
borrow on Liberties and 50 carry them
for the buyers who were paying out
on the convenient installment plan.
And most of the allied loans were ex-
pended in the United States. which.
with our own expenses, added all
these billions to our stock of cash and
has made for easy money and activity
ever since except following the period
of awful liquidation after the great
expansion Of 1920.
Business Approaches Normally.
Then came Harding and Coolidge
and activity, but only the last few
years has business approached nor
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-21
COTTON NET GAINS
G. TO 75 POINTS
Market Aroused to Activity
by Boil WeeviI Report.
Firm at Closing.

By the Associated Press.
NEW YORK, August 20.--An ac-
tive and excited advance in the cotton
market today followed publication of
the Governments report on the activi-
ties of boil weevil and other insects
in the South, all months making new
high record for the season. December
contracts sold up to 21.20 and March
to 21.36, net advances of 70 to so
points on the general list. The close
was only q few points off from the
best under realizing, with the final
tone steady, at net gains Of 81 to Is
points.
The market opened firm at an ad-
vance Of q to SO points under more or
less general buying. A good deal Of
realizing at the initial prices was
absorbed on setbacks Of a few points,
the market showing increased strength
and activity after publication of the
boil weevil report.
Heavy Infestation Feared.
This was regarded as indicating a
heavy infestation of the insect, par
ttcularly in Alabama, Mississippi and
South Carolina, and evidently was con-
sidered even more bullish than antic-
ipated.
In addition to heavy covering by
recent sellers there was a broadening
demand from trade and commission
houses, October deliveries selling I'D
to 20.95 and January to 21.22. These
prices represented advances of about
$50 to $500 per bale over the closing
quotations yesterday and of more than
"a cents a pound above the low level
touched on the reactions late last
week.
Expect Smaller Crop Estimates.
The increasingly serious view of the
boil weevil situation no doubt inspired
expectations of smaller crop estimates,
and buying was reported in anticipa.
ton that end-August condition and
yield figures would show a consider.
able falling off as compared with the
end-July reports.
Except for comparatively low tenn.
peratures. the weather news was con.
sldered somewhat more favorable, and
may have increased the disposition to
take profits on the initial advance
but the later market appeared to be
entirely dominated by the boil weevil
news.
Amount Of cotton on shipboard
awaiting clearance at the end of the
week was estimated at $4,000 bales
against $4,000 alst year and 81, 900 two
years ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-21
NEW YORK BANK STATEMENT

NEW YORK, August 20 P).-The
actual condition of clearing house
banks and trust companies for the
week shows excess reserve Of SAT $40.
ITO. This is an increase of $24,824, $50
in reserve compared with the week
before, when excess reserve of $22,.
725,l50 was reported.
The detailed statement follows:
Loans, discounts, investments, ETC.,
1929 $50 900; decline, 500 AIS, 900.
Cash in own vaults, members Fed
eral Reserve Bank, 500 ,003 900; de-
cline, $1,500,000.
Reserve in Federal Reserve Bank
of member banks, $641 ,010 900; in
crease, $18,672 900.
Reserve in own vaults, non member
State banks and trust companies, So
823 600; decrease, $307,000.
Reserve in depositaries, non.mem-
Der State banks and trust companies.
$40 1882 900; increase, $778,0
Net demand deposits, $3.50 .070, 900;
decrease, $44,012, 900. United States
deposits deducted, $3.466 900.
Time deposits, s729,442 900; increase.
81 500, 900.
Circulation. s2s,234ooo: increase.
$137 900.
Aggregate reserve, 1861 ,815 900.
Excess reserve, Sal, $40, 710; increase,
| $24,S24.560.
Summary of State banks and trust
companies in Greater New York, not
included in clearing house statement:
Loans, discounts, etc, $1,363 $780,
600; decline, $26,61S,5 500.
Gold, $5,036,300: increase, $106. 700.
Currency and bank notes, $24.015,.
100: decline. $3.50, 800.
Deposits with Federal Reserve
Bank. S107,758,3o0; increase, $207, 800.
Total deposits, $1.384,2 800; de.
| cline, $15,3s3,900.
Do, eliminating amounts due from
| reserve depositaries and from other
| banks and trust companies in New
York and United States deposits:
Deposits, $1.30s, $50. 900; decline, $751;
| 548.400.
Banks-Cash in vault, $37,296, 400.
Trust companies-cash in vault,
| $99,511 800.
--e-----
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-21
NEW YORK GRAIN MARKET

NEW YORK, August 90 GP.-Rve--
Firm; No. Western, Iii fob. New
York and 1.0sta elf. export.
Bariey--Steady; mailing, S8A elf
New York.
Wheat--Spot. firm; No. dark
northern Spring. elf. New York. lake
and rail. 1.63A; No. 2. hard Winter,
fob. New York. lake and rail. 1891
No. 2 mixed durum, do, nominal; No.
/ Manitoba. lake and rail, to arrive
!n bond, 178.
Corn-Spot, barely steady; No.
yellow. elf. track New York, lake
and rail. 1.27h; No. 8 yellow, do.
1.24I..
Oats-spot, steady; No. white
56I2
I4ard-Firm; Middle West, 1240a
1850.
Other articles unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-21

ment of small, poor and thin fowl
not advisable as it only tends to lower
the value Of the better class stock.
Old hens in only moderate demand at
20 to 26, for choice fat stock weigh
ing 81 pounds and over, while
lighter fowl and Leghorns are hard
TO place at is and II. Old ROSTERS
in ample receipt and slow sale at IA
to 16. Demand fair for Spring ducks,
pounds and over, at IS to 20, but
lighter fowl as well as old ducks are
neglected at IL to Is. Guinea fowl
scarce and wanted at rs to 100 each
for young stock IL pounds and over,
while pigeons hold steady at 20 and
80 pair for both young and old.
Cattle Market Steady.
The live cattle market holds steady
to firm on most lines under generally
light receipts of top grade stock. De-
mand good but conferred on first quail
ity cattle and all under grades move
slow at inside prices. Choice veal
calves scarce as arrivals consist
largely of heavy rough or small
calves, which have to be sold at sharp
discounts.
Quotations today at Light Street
Wharf: Beef cattle, first quality,
pound. Q to 10: common to medium,
5 to s; bulls. as to quality, to s;
cows. choice to fancy, 6 to s; common
to fair, to 5.
Oxen, as to quality, to 8.
Milk cows, choice to fancy, head,
5000 to 1900; common to fair, 5000
to 5000.
Calves-Veal, choice, pound, 141k:
large fat, IL to 10; large rough, s
to 10; rough and common, to 8.
Sheep-Choice, 4 to 5; old bucks.
3 to 4: lambs. Spring. choice, 10 to
l3!2; fair to good, IL to ~; common
thin, 8 to 9.
Hogs-Straight. 10 to II; sows. 7
to 9; stays. to 6.
Live pigs, IA to 16; shoats. 10 to -.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-21
NEW YORK LIVE STOCK.

NEW YORK, August 90 P1.-
Cattle-Receipts. $3.50 head; steady.
Steers. 900al2.75; State bulls, 4.00a6.75
cows, 300a6.25;
Calves-Receipts, 2,450 head; steady
Veals, common to prime. 9.o0a ls.U0
lightweight culls. 10.o0al 90; butter
milks and fed calves, 7.00alo.00.
sheen and lambs--Receipts, $3.50
head: weak. Sheep, 2.50a7.00; culls
2.5oa3.50; lambs. choice to prime
Strings, 15.00al5.75; medium Springs
II .0Oa1400; Spring culls. 900alo.0O.
Hogs-Receipts, 2.3lo head; steady
Light to medium weights, l1.00a l.50
pigs, 1150a1@ 90; heavy hogs, lQ.25a
1875; roughs. 7.50as25. .-..--.----....-.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-21

A new parasite which causes disease
in honeybees hass1een found in the
United States.
The Nome nugget., 1927-05-21
THE AURORA BOREALIS WILL
 BE OUT SOON. SEE IT

The High School annual, the Aurora Borealis, which is now in the process of printing at the Mug get office, will be on the street and on sale at the news stands i'll a few days. The staff of the maga- zine, all Nome School students. lave prepared the material for very fine publication. It is full of school news, pithy jokes, good ar ticles and short stories. as we'll as beautifully illustrated. The photo- graphs were made by Lomen Bros, and sent outside and half tone cuts were made from these photographs.
 Nome School is to have really worthy magazine this year; one of which it may justly be proud We feel justified in saving that no high school in Alaska, or elsewhere. will put out a better magazine this sea- son, and we recommend to the Nome public that each resident ought to buy one of these maga- zines, not only for the good con- tents, but by doing so Nome School will be benefited, and the publica- tion of like magazine next year will be encouraged. The price of this book will be one dollar.
The Nome nugget., 1927-05-21
SATURDAY, NJ 4 Y Fl, 1927


 two from other countries, sailing over our heads and making land. ings at Nome.
 Mall Service Wanted
 The carrying of U. s. Mail mat ter of all classes at all times of the year. will, and is going to be carried by air routes. and the soon- CT the people of Alaska maxe up t.'rit minds to this fac', the sooner "e will recei,. the lcng desired insil service, which is 3Ir :rst due.
 Pioneer Air Service
 Up to the present time air service in Alaska has met with consider able handicaps, because it is pio- neering in new industry. It will be remembered that the same con ditiOns confronted the pioneer gold seekers of the early days. The old pioneers with their sleds and gee poles. with a rope slung over their shoulders met with many ,nishaps and handicaps in ''mush- ing" over the country in search or gold-many an old timer died in his tracks, others froxe to death, and still others starved to death because of no means of getting SUD- plies into the country by transpor- tation. Roadhouses soon sprang into being and now we have Terri torial assistance in building Shelter Cabins, roads, bridges, trails and landing fields in isolated sections where he who is pioneering may receive some succor. So it is with airplane service. The people who have invested their money in these pioneer air companies are to be congratulated, instead of censored, as many persons are prone to do. We of Nome are fortunate. We have not lost one dollar in assisting air service up to the present time. We have, however, gained a lot of ex- perience from the other fellows mishaps, and from now on we hould be able to steer clear course, in case Nome decides to or. ganize local air company.
The Nome nugget., 1927-05-21
NORTH POLE BAKERY
 TO HAVE IMPROVEMENTS

Julius Silverman, the proprietor and owner of the North Pole Bakery will this spring build an addition to his building, enlarging it greatly, and will also install new oven. The place is hardly large enough to accommodate all his trade, and the oven now in use is an old one, and not large enough for the work desired. An other oven has been purchased by Mir. Silverman to replace it.
 A two story addition will be built at the back of the present kitchen. The lower floor will be used in connection with the business of the bakery, and the upper floor will be used as living quarters by Mir. and Mrs. silverman, and of course, their 2.