davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1904-07-25
cothran C Co.'S Market | stter.


 Influences as a result Of the Liverpool market did not make their pressure felt in the cis-Atlantic exchanges. Cables were without any encouraging features and prices of options disclosed a sagging tendency. The contradicted statement of yesterday as to shortening of time by spinners to 40 hours in August was re- vived as an expectation which the small sales of spots at a decline of IS points rather confirmed
 The demand at our opening was suffi- cient to cause slightly higher prices which moderately increased until short covering became satisfied, after which the market assumed its customary quiet aspect and while lower prices were observed for a brief period, closing quotations recorded a fair advance for the day.
 The government weather chart publish ed this morning did not fully sustian It's customary reputation for perfection. The Atlantic states where the heavier rains would not have been unwelcome, received only light showers on the coast while an abundance fell in the central belt and something in excess of requirements in the western section. The weekly reviews of commercial agencies do not disclose an improvement in general conditions but are hopefully optimistic of the future where the immediate situation In cotton textiles is concerned even a less satisfac- tory view obtains Opinions as to values of the staple are incomplete without con- sderation of this situation.
 Wheat-4The sharp decline in Liverpool and the fine weather brought about liberal selling and a good sized break in the futures, Cudahy brokers and the south west being the most prominent sellers while the bear element felt encouraged In putting out short lines, larger receipts and fine crop condition reports from all around. The closing was steady. We feel friendly to wheat and would favor pur- chases on further declines, as the situa- tion abroad may become more serious than expected
 Corn-Trade was rather light, selling ap- bearing In July. but the deferred months were bought, the weather being regarded too cool for growing.
 Oats-There was an easy opening in sympathy with wheat, commission houses selling, but offerings well taken. Prices may be forced little lower, Lut we would favor purchases of September and De- cember.
 Provisions-Hogs were lower; shipments of meat and lard were small compared with last year, while the market was very much dull; ain fact, the dullest of the year. Shorts covered and this caused a small rally. There Is no feature to the market
 Stocks-With the exception of the activ- ity and advance in the steel stocks the market was featureless today, the trans actions extremely limited, but a decided under current of strength was in evidence. and this argues well for better market next week. The technical position of the market is such that if no bad news comes in we should have an active and higher market next week. Bank statement splen- did.
The Birmingham age-herald., 1904-07-25
Caldwell 6 Wards k.arket Letter.

By H. G B. Beer.
 New Orleans, July 23.-The close of the calendar week shows slight loss in value of spot cotton and our contracts when compared with closing of this day one week ago but new crop deliveries are a shade higher than last Saturday. It was more the bringing together differences of new and old crop values that sustained values for far positions as crop accounts are just as promising today as they were one week ago and are probably more bril- liant than they were one month ago. The growing season so far has been an excep- tionally favorable one in many respects sunshine and rain alternating whenever desired in all districts of the belt resulting in all states showing a better average than for the past ten years by a few points and as the acreage is about ten per cent. larger than what was devoted to cotton last year conditions as a whole are about 25 per cent. better than last season. which promises crop of about ten million bales. This we think will be fully confirmed by the monthly bureau condition report to be published on Au- gust B. On the whole such conditions are seldom known. In conjunction with the present situation of crop and trade out look, stocks of raw and finished cotton materials will have been reduced to about the lowest ebb maintained for years at the end or August, little or nothing left rom the old crop. naked shelves in job bing districts. The movement of the new crop' however, gives every indication of
The Birmingham age-herald., 1904-07-25
cnttn, Seed oil.

New York, July 2s.--Cotton seed oil easy. prime crude nominal; do. yellow 27A@ 2s1zc: Petroleum quiet; refined s7.70; Phil adelphia and Baltimore. s7.e5; do. in bulk H.75. Rosin weak; strained common to good s2.7502 80. Turpentine steady 56l1Q 57c.
 New Orleans. July 23.-Cotton seed oils firm; prime refined in barrels 291ec; off refined in barrels 2S1kc; prime crude loose 231kc.
 Memphis, July 23.-Cotton seed oil. car load lots per gallon: Prime crude 23t5c; off crude -; prime summer yellow, 26c; off do. nominal; choice cooking summer yellow less than car load lots nominal; cake, prime nominal; :7rime s2O. 5OQ21.
The Birmingham age-herald., 1904-07-25
GENERAL TONE IS
 ALMOST STEADY Market Opens Up at Decline of
 10 Points SHORTS HURRY TO COVER Some Sign of Support From Recent Bulls Caused Market to Rule
 Moderately Active and
 Flrmer in Covering.
SHORTS HURRY TO COVER

New York, July 23-The cotton market opened steady at decline of 10 points on the old crop and of to points on the new crop months in response to Liver pool cables lower than expected; further talk of short time at Mancnester, and the Fall River situation. in connection with generally favorable crop reports.
 But shorts showed a disposition to cover at the decline; there was some sign of support from recent bulls. and the market following the call ruled moderately active and firmer on covering with the old crop neglected. and the new crop working about to Il points net higher.
 After the first wave of covering, trading became less active, and the market lost part of the gain, but remained generally steady in tone.
 Receipts at the ports today, 2l06 bales against SIS last week and 2S2 last year For the week. 15ooo bales. against 16,1eO last week and Il, ,376 last year. 1odays re- oeipts at New Orleans. S79 bales against 112 last year. and at Houston. 1SS bales, against nothing last year.
 New York, July 23.-Cotton quiet; mid ding, 1o.sO; gross receipts, 2131; sales, s1s; stock, 4o,S04
 Total today: Net receipts, including con- solidated, 9Ol6 exports to Great Britain, 45; to the continent, 591; to Mexico 5.
 Total since September l: Net receipts, 7,0l1, 332; exports to Great Britain. 2466, : 574; to France. 9S,0O7; to the continent, D. 576595; to Japan, 447eoi to Mexico, 26.sS. Stock, 123,272
 NA,Al Nnrk ,Nnttnn EiIfnren
The Birmingham age-herald., 1904-07-25
IRON AND STEEL STOCKS ARE FIRM Little UneasineSS Felt Over Red
 Sea Situation HUNDRED LARGE EARNINGS Bank Statement Reflects All the Ex- pected Gain in Cash, Reserve
 Carrying It to New
 Record Figures.
HUNDRED LARGE EARNINGS

New York, July 23-The marked subsi- Hence of speculative interest observed in today's stock market was partly attrib- nted to the short session and the rush from the city of the end week holiday. But the limit to the present active move ment was pretty clearly shown by the hulness yesterday There was the same hesitation of prices today, but the under tone was firm and the recent large buying in different quarters.
 The settltment of the incident of the Russian seizeures in the Red sea seemed so well defined as to leave little surface ground for uneasiness. It is probable however, that some repressive effect Is still felt from the sudden possibilities or trouble developed by the incident. The only feature in today's market was the special flrmness of the iron and steel stocks. United States Steel preferred add ed 7s to it's weeks gains, and the stocks of the independent companies made some sharp advances Rumors emanated from the neighborhood of the meeting of the presidents of the United States Steel sub sidiary companies which increased the conjectural earnings for the second quar- par value, $1095.o00
 The bank statement reflected all of the expected gain in cash reserve and carried Sthat item, as well as the loans and depos- 3ts, to new record figures. As nearly half sbf the increase in deposits was In cash. there was a margin of increase In the surplus of over $6,0o0,o00, bringing that item to the unusual figure of S50,6O96O0. The offering of call loans this week to below 1 per cent Is thus easily under stood. The market closed irregular and at small changes. Total sales of bonds, par value, $1,059,000.
 The stock market has been very irreg- alar throughout the week aId has shown occasional strength, manifested particu- larly in very spotted manner. The im- pression made upon speculative sentiment. however. has been to increase confidence sn the underlying strength. Professional operators have held to an opinion that normal reaction after the considerable rise sn prices was overdue, and the attitude towards the market has been one of con Btant suspicion. It is usual for the se- rurities market to be left top heavy nfter so considerable speculation for the advance, as that which carried prices to their present level, and the first sign or reaction Is likely to bring upon the market h flood of belated profit-talzing sales by speculative buyers at the top, to save losses with the sold-out bulls adding sales pn the short side to force the reaction, and get back stocks at lower level.
 While the weeks market has shown many signs of instability and prices have wavered constantly, the movement was as constantly stopped short of precipi : Hated decline.
 There has been occasional hesitation manifest in the bond market, but the tone has been firm.
 United States bonds unchanged on call From last week. ,e ..
The Birmingham age-herald., 1904-07-25
LOCAL MARKETS.

The cotton prices were firm during the week until on yesterday, when they de- clined h of a cent.
 Quotations on staple groceries are nn- changed al yesterdays prices.
 Business on Morris avenue has been very brisk. No changes of interest are noticed Tn the produce market. Fruits, vegetables and melons continue to come in in large quantities, while the prices hold firm.
 The stocks of eggs and poultry are am- pie and prices are unchanged.
The Birmingham age-herald., 1904-07-25
Live Stock Market.

Chicago, July 23.-Cattle receipts, 400: nominal; good to prime steers. s5. 4Od6 .35; ; poor to medium, s4 .50d5.25; stockers and 5.50; canners. s1.5062.6O bulls. s2@4 10, calves s2. .50a6.75; Texas-fed steers $30 4.75.
 Hog receipts, 60OO; slow lower; good to choice heavy $5.15d5.35; light, s5.10@5. a5; bulk of sales, s5.15@5.4 40.
 Sheep receipts 20O0; slow; good to choice wethers, s4ai 25; fair to choice mixed, sS@ 1: western sheep. $S.s5G4.25; native lambs. $4G77. .50
The Birmingham age-herald., 1904-07-25
Southern Railway Ca.
Schedule In Effect May 24, 1903.

Schedule In Effect May 24, 1903. Trains leave Birmingham as fololws; o.10 a. m.-No. 3s, for Atlanta, Washing
 ton Baltimore. Philadelphia
 New York and the East. Puila
 man Drawing Room Sleeping
 Car, Birmingham to New
 York.
 GEO D m.-No. le for MontevaIlo. Ma
 plesvilie. Selma and way sta-
 tions.
 i2:s5 p. m.-No. 35. for Columbus, West
 Point Winona, Greenwood
 and Greenvile; also Sheffield
 and Florence and North Ala
 bama points
 B10 p.m.-No 15 new train for Cordova,
 Oakman, Corona and way sta-
 tions; also Blossburg S:i5 p. m.--No. 22. for Annston and way
 tations; also TalladeFa. 1 s:15 D. m.-No. s6. for Atlanta. Jackson
 vile and all Florida points;
 also Charlotte. Richmond Washington. New York and the East Pullman Sleepins
 Car Birmingham to Jackson viliei also Birmingham 10 Richmond. Va
 1920 ?. m.-No. 87. for Columbus. West
 Point. Winonn, Greenwood
 and Greenville Pullman Draw
 ing Room Sleeping Car Blr-
 mlnsham to Greenviile. 10:s6 D. m.-No 2i. for Selma. Mobile an,l
 way stations Pullman Draw.
 ing Room Sleeping Car Blr-
 mingham to Mobile, il sso D. na.--No. as new trnin. for Atlanta Anniston and way statien1, | Pullman DrawinF Room sleeping car Birmingham tt I Atlanta, Sleeping car can fg occupied at Union station s:a D. m,
 : Tor detailed information and sieertns car reservations apply passenger office Morris Hotel building. Telephone d1T ]. N. HARRISON Dist. Pass. Ast.
The Birmingham age-herald., 1904-07-25

Cash quotations were as follows: Flour-Steady.
 Wheat-No. spring, sSdss; No. g. SS@s5; Mo- red 96@971k.
 Corn-No. ?, 46A; No. 2 yellow, 50N@51 Oats--No. ?, 4om40A; No. white. 42 Rye-No. ?, 70.
 Barley-Good feeding, 35@3s; fair to choice maltng, 42Q50. Flax Seed-No. l. 1.171a; No. 1 northwes- tern, 12215.
 Prime timothy seed 300. Mess Pork-Per barrel, 12.75@12.8 80. Lard-Per 100 pounds, 6821h@6 S5. Short Ribs Sides-Loose, 7.25@7.371h. Short Clear Sides-Boxed, $7.2517.50. Whisky-Basis of high wines, 12s Clover-Contract grade, 11.25. On the produce exchange today the but ter market was firmer. Creams, .13d17.
 Dairy, 12413
 Eggs steady, 141k615at. Cheese easy, 7%@S1s.
The Birmingham age-herald., 1904-07-25
The Coffee Market

New York, July 2S.-spot Rio coffee steady; No ' invoice. 7K; mild, steady; Cordova s1kQ12.
 New York, July 23.--The market for cof- fee futures opened steady at unchanged prices and ruled quiet. There was some switching from near to late positions, but this was accomplished without change in prices. Sales, 925o; July 5.S5; September, 6.95; May, 6.70
The Birmingham age-herald., 1904-07-25
Daily Statement.

alveston-Quiet; middling, 10 13-16; sales, 92; receipts, 392 stock, 46S9.
 Mobile-Nominal middling, 1O19; stock. 5SS
 Savannah-Quiet; middling, 1OB; re- ceipts, 147; stock, 15,699.
 harleston-Nominal; receipts, 14S; stock, 7s7
 mington-Nominal receipts, 25: stock, f12.
 Norfolk-Receipts. 425; stock, 4725.
 Baltimore-Nominal; middling, 11.25; stock 624.
 Boston-Quiet; middling. 1895; receipts, 36.
 Phiadelphia-Steady; mlddling, n.15; stock, 916
 St. Louis-Nominal; middling, 10% re- ceipts 96: stock, 11,064.
 Memphis-Unchanged and quiet; mid ding, 1OA; receipts, 19; shipments. none: sales, 25; stock, 11,S70.
The Birmingham age-herald., 1904-07-25

exports 1858 Quote: A, B. c, s2.s0; D. s2. 40; E and F. s2.45: G. 2.50; H, 8. I, $3.1O K s3 .471k; M, 8. .521s; N, $S. .S21k; window glass s4221S; water white s452
 Charleston, July 2S.-Turpentine firm 5Sc; no sales. Resin firm; no sales. Quote; A, B, C, $2M; D. s2.SO; E, s2.35; F. s2.s5 G, s2. 40; H, s2.55; l. $2.95 K, Ss.271k; M ss.b2lk; N, 8. g2lk; i; window glass s4. 02lk: water white s4. 321b.
 Wilmington, July 23.--Spirits turpentine firm; 5Sc bid; receipts 70 casks Rosin steady. n56; receipts g. Tar firm, $1 80: receipts ?; crude turpentine s2.S5. S and S4.25; receipts 254
The Birmingham age-herald., 1904-07-25
The Metal Market.

New York, July 23.-rhere was a moder- ate demand from consumers in the metal market today. Tin was steady, s27. .250 27. 30. Copper firm; lake. 12. 621h712 s71ac; eectrolytic 12. .621s@12.75 casting, 12 .371hD 12 .50. Lead quiet and steady; spot, $4 300 4S5. Spelter firm, s4.s5@495 Iron un- changed.
The Birmingham age-herald., 1904-07-25
Liverpool Market.

Liverpool, July 23.-Cotton quiet prices IS @24 points lower; American middling fair 6.3Sd good middling 6.24d; middling 6.14d; low middling b.9Sd; good ordinary 576d i; ordinary 5.56d. The sales of the day were 5000 bales, of which 300 were for specula- tion and export, and included 270O Amerl- can. Receipts 5000 bales, including 200 American. Futures opened easy and closed dull; American middling, & O. C.: July 5.S6d; July-August 5S5d August -Sep- tember 5.69d; September October 5S9d; October November 5.26d; November De- cember 5.23d; December-January 520d; January February b.10d; February March 5.19d; March-April 5.20d
The Birmingham age-herald., 1904-07-25

days per cent; ninety days 21s per cent; six months 2h@21s per cent; prime mer- cantile paper 3l2d54 per cent; sterling ex- ehane firm with actual business in bank CTS bills at 4S7 30a4S7 40 for demand and at ASA. 65d4S4.75 for sixty days; posted rates 4s51bG4S6 and 4SS; commercial bills 4S494S41k; bar silver 5sc; Mexican dollars 451sc; government and railroad bonds steady.
The Birmingham age-herald., 1904-07-25
New Orleans Market.

New Orleans July 2S.-spot cotton dull sales, $50 bales, including 5y to arrive Delivered on contracts, 200; quotations un- changed; futures opened steady, with prices from points lower 10 4 points higher than yesterdays close Liverpool conditions were unsatisfactory and the local market was featuresess. In the trad ing August first lost points at 1o24, ad- vanced to 035 and finally declined to 10.31; October gained points at 946, ad- vanced to 9.53, and finally declined to 9.50. The market closed steady Net changes: July lost points, August unchanged Sep tember gained and the other positions joints each.
 New Orleans, July 23.-Cotton dull; sales. $50. Ordinary, S7-16; good ordinary, 9% low middlng, 10ss middling, He; good midding. Il b-l6; middling fair, Il 9-16; re- ceipts, 1025 stock, 54,s7S.
 New Orleans. July 23.--Cotton futures quiet and steady. July. 1059 bid; August, 1O.31@10.S2; September s.75@s76; October, 9.509951; November, 9.47Q9.4S; December, 9. .47@9. AS; January. s53ds.54.
The Birmingham age-herald., 1904-07-25
pry Goods.

New York, July 23.-1n the dry goods market the situation shows something of improvement. Developments, however. are expected to occur next week as the report of the Fall River situation which now points an inevitable strike on Mon day In the meantime, slightly more ac- tivity is noted in the primary market from jebbers.
The Birmingham age-herald., 1904-07-25

Be sure and attend the free demonstrations on the econ omical use of a Gas Range that will be held 2O26 2d Ave. beginning Tuesday July 26.
The Birmingham age-herald., 1904-07-25

All invited to attend the free demonstrations on the economical use of a Gas Range, to be held, ats2C26 2d Ave beginning Tuesday July 26.
The Birmingham age-herald., 1904-07-25
Bends.
clearlnas and Exehanaes.

New Orleans. July -5.--Clearings $1 ,5Ss- B59 New York exchange a per 5000 pre- mium;. commere. I Soc per 5000 discount.
 Memphis. July 23.-Clearings $419,53e; balances s113S67.
The Birmingham age-herald., 1904-07-25
ss.ss7.z6s.e4

w. p. G. HARD j. H. WOODWARD, vlce-Presldent w. w. CRAWFORD, Cashier.
 DlREcToRs-T. T. Hlllman. B. A. H. Woodward, William M. Walker Jemison, Ersklne Ramsay. w. H. H ]. H. Barr, w. p. 0. Harding.
The Birmingham age-herald., 1904-07-25
SPECIAL LOW RATES VIA SOUTH.
 ERIN RAILWAY.

Eureka and Hot Springa, Ark. and re. turn. One fare plus s2 round trip Tickets sold only on Wednesdays and Saturda va of each week during the months of June July, August and September, limited sixty days for return.
The Birmingham age-herald., 1904-07-25
Chicago Change.

Chicago, July 2S.-Free movement of new grain was the principal factor in creating weak wheat market here to- day. September closed B61 cent lower Corn down 9s; oats off 1s@A; provisions up 21a@5 cent
 The leading futures ranged as follows;
The Birmingham age-herald., 1904-07-25
RAILWAY SCHEDULES

Showing the arrival and departure oa passenger trains at the union station. Birmingham: | Louisville and Nashville Railroad.
The Birmingham age-herald., 1904-07-25
Naval Stores.

Savannah. July 23.-spirits turpentine firm, 53l4c; receipts 1075: sales 46s exports bs5. Rosin firm. receipts 66o; sales us;
The Birmingham age-herald., 1904-07-25
ulrnIn -.caroIina Go.

New York, July 23.-virginia- Carolina Chemical company sales 140O; closing 26a4 do. preferred sales 400; closing 101.
The Birmingham age-herald., 1904-07-25

Band Concert daily at en- campment by the Second Regiment Band
The Birmingham age-herald., 1904-07-25

Dress Parade and Review daily at 5 p. m., at encannp- ment
The Birmingham age-herald., 1904-07-25
Atlantic Coast Line

Elegant passenger service to the South and East Trains leave Mont. gomery at 650 A. M., 400 P. M. and I:45 P. M. Through sleeper to Jack. sonville leaves Birmingham via L. & N. at $40 P M.
 ]. A. TAYLOR. T. p. A.
 Montgomery. Ala.
The Birmingham age-herald., 1904-07-25
BIRMINGHAM AND ATLANTIC R. R.

Read Down. Read Up. No 1. No B. No. 2 No. am. p.m am. p.m 72O 5:00 Lv. .Talladega. Ar 1O:19 7:45 s:s5 8:52 Lv..Pell City...Lv $50 6:30 s:5s 1o:05 Ar Bir gham. .LY e;10 5:15 Close connections made at Talladega with Eastern of Alabama to Pyriton. Trains Nos s7 and 9S daily. All others daily except Sunday.
 J. F. FLEETWOOD. c. P. A. John c. So1ey General Manager.
The Birmingham age-herald., 1904-07-25

St. Louis and return, account worId.a fair. Season tickets sixty-day tickets nd fifteen-day tickets are sold daily. On tuesdays and Thursdays of each week during month of June. coach excursion tickets will be sold to St. Louis at Iess than the one-way standard rate, limited ten days for return.
The Birmingham age-herald., 1904-07-25
for all your Small Rsinistances. by mail or
 otherwise.
Sold on all points in the United States, Canada, and on Havana, Cuba.
 CHEAP AND CONVENIENT.
 NO APPLICATION REQUIRED

A receipt is given and money will be re funded if order is lost
 Sold at all agencies of the Southern Ex- press Company at all reasonable hours
The Birmingham age-herald., 1904-07-25
seaboar.I Ar Line.

Baltimore. July 2S.-Seaboard Air Line common ss4m9 do preferred 16A@1e1k Atlantic Coast Line common 11S%1119H.
The Birmingham age-herald., 1904-07-25

The hge-HeraId Engraving Depart ment makes good cuts.
The Birmingham age-herald., 1904-07-25

TOMBICBEE & NORTHERN BY. CO. Passenger Schedule Effective December
 1. 1903 Train No 1. Train No. q Lv. 6.00 a. m. .Fairford.... Ar. 7:45 a. m. Ar. 625 a. m .....Cavert.... Lv. 72O a. m Train No g.
 Lv. 8:00 D. m. .Fairford.... Ar 300 D. m Ar S:25 D. m. ....Calvert.... Lv. S:35 D. m Tombigbee and Northern trains con- meet with all Southern Railway trains to and from Birmingham every day in the week including Sundays For other information apply to
 JOHN T. COCHRANE.
 General Manager.
The Birmingham age-herald., 1904-07-25

Atlantic City, N. J.--One first-class fare nIus s1 round trip. account Imperial. Conn- ell Ancient Arabic Order Mobiles of the Mystic Shrine. Tickets on sale July m and Il, limited to July 23 1904.
 J. N. HARRISON.
 District Passenger Agent R. B. CREAGH,
 Travelling Passenger Agent.
 Birmingham. Ala
 6-ft-tt
The Birmingham age-herald., 1904-07-25
SOURCES.

hESC COnSESs Loans and Discounts. .$3, ,647, ,7sz.17 Overd-afts 421.45 U. S. Bonds and Premiums s63,5oo.oo Other Stocks and Bonds. 73,30o.0o Real Estate, Old Bank Building ~ 56,ooo.oo
 CASH. In Vault. ....S 73e,534.55 With Banks. POOP, ,25o.34 With U. s. Treasurer e. 100000
 2,7557o4.92
The Birmingham age-herald., 1904-07-25
Queen and Crescent RoutD
centra of oeoraIa RaIIroad.

NrIVe IroTn- DfpHrt to-
 Macon ...... s:A pm Macon .... $40 arr eava'h ...,.12.2o pm Savann'h .. 4.o0 m
 All trains run by Central time. Trnins marked thus @ are daily except Sunday.
The Birmingham age-herald., 1904-07-25
Money on Call.

New York July 2s.-Money on call nomi- nal; no loans; time loans easy; sixty
The Birmingham age-herald., 1904-07-25
sS.ss7,7ss.o4
Nc pREsloENT.

INC, PREsloENT.
 ]. H. BARR, vlce-Presldent. A R. FORSYTH, Assistant Cashier. F. Moore, E. M. Tutwller, w. 8. Brown. . F, D. Nabers, :. H. Motion, Robert assinqer, Walker Percy, F. M. Jackson.
The Birmingham age-herald., 1904-07-25

Ne make the pest c-.s in town. Age H1Eela Epxgeyips Gpmpenz. -4-