davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
UNDERTONE WAS
CONSIDERED FIRM
Several Active Issues Touched
New High Records
GRAIN WAS REASSURING
Activity of Market During the Week
Has Reflected Speculative Con-
ffdence and Degree of
Enthusiasm.
GRAIN WAS REASSURlNG

New York. September 10.-As a result
largely of further heavy profit taking,
stocks moved rather irregularly today,
though the undertone was undeniably
firm. The tendency of many issues was
toward a higher level. Indeed several
of the more active issues such as United
States Steel preferred and common
touched new high records for the present
movement.
Business for the brief session was I'M
usually heavy, although not widely dis
tributed. Southern railway was the fea-
ture of the railway group in the early
trading. Later st. Paul. Union Pacific,
Atchison and other standard railway
issues became very strong but elsewhere
in the list the activity was confined chief
ly to the minor railway and Industrial
shares. The Tobacco issues were but lit
tie affected by the proposed merger,
though some realizing followed the early
advance In Continental Tobacco As. Met
ropolitan securities. concerning which
there was many new and improbable ru-
mors, made an early GAIN but closed
practically unchanged.
The market wavered slightly on the
publication Of the bank statement. which
showed an unusual increase in loans and
cash balance which almost exceeded the
highest estimates. The grand total of
loans and deposits is now at the high
est in the history of association banks.
Reports that the government report on
corn would be quite reassuring, gave adj
ded stimulus to the list in the final trad
ing and the closing was quite active and
strong, In spite of further heavy profit
taking.
A feature Of the day was the heaviness
of Reading which failed to move up with
the other active railway stocks and closed
with net loss of " per cent. A very
substantial advance in Colorado Fuel
was not accomplished by any specific ex-
PLANTATION. Total sales of bonds were 49,
$4,000.
The action of the stock market during
the past week has reflected speculative
confidence and degree of enthusiasm
The number of shares sold rose to nearly
million on several days and the adj
vance for the week has been quite COM
prehensive but not very great. The
movement has been all times irregular
ana very heavy profit taking has gone
hand In hand with new buying
But the tone of the market has been
good throughout and the realizing was
well taken and opened the way in many
cases for fresh advances. By a series of
shifting operations the whole list nearly
has been included in the operations of the
powers in control of the market and the
sustaining influence of new points of
strength has proved sufficient to enable
the taking of profits elsewhere without
materially hurting the price.
The bulk of the business seemed to
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
co.bran g. Co.'s Market Letter.

Cotton--very full prices are being OBJ
tanned for the Liverpool stocks. and Sep
tember options are sharing in the prem
iums for prompt deliveries. More distant
positions, however, are weak and exhibit
a steady declining tendency. The opinions
as expressed in cables seem to expect
continuance of lower levels attained grad
ually.
Trading in Our market was on a quite
moderate scale The lower levels observed
at the opening were subjected 10 only
moderate changes throughout tho short
session. The chart showed ideal picking
weather prevailing over the entire belt.
counteracting the effects of the numerous
roorer crop reports. From Mississippi
west accounts are almost unanimous in
citing deterioration on a greater or less
scale while from the eastern portion OF
the belt complaints are the exception
From the recent high levels attained by
manipulation. decline Of a cent pound
has been recorded and support at pres
emf prices 10 apparently absent. Spot buy
ers are evincing little desire to purchase
while the receipts are increasing The
firmly held long contracts which served
70 sustain the market when all news was
bearish. seem adequate for the demand.
Of the mills, and have detracted from the
market the usual sustaining influence Of
purchases at this season.
moderate reaction should be expected
following the recent decline. and while
the conditions Of good receipts and indif-
ferent spot demand continues, sales on
bulges will probably be most profitable.
Stocks-After hesitating a little. publ
cation of the bank statement was worse
than of last Saturday. the whole market
was decidedly stronger and the close was
about the best OF the day.
The usual evening up by traders over
the end of the the week had no noticeable
effect London did not trade in quantity
on the curb there. but sent buying or
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
Southern rai1wav Co.

Schedule In Effect May "a, 1908.
Trains leave Birmingham as follows:
$40 a. m.-No. IS, for Atlanta, Washing
ton. Baltimore, Philadelphia
New York and the East Pulls
man Drawing Room Sleeping
Car. Birmingham to New
York
$50 D. n.-No 10, for MontevHlio, Ma
plesviIle. Selma and way sta
lions.
afi25 p. m.-No. IS. for Columbus, West
Point, Winona, Greenwood
and Greenvi1le; also Sheffield
and Florence and North Ala
bama points.
BIO p.m.--No. Is, new train, for Cordovao
Oakman. Corona and way sta.
lions: also Blossbm s.
e:6 p. m.-No. %. for Admission and way
tations; also Talladega.
Bs15 p. m---No. &c. for Atlanta. JaclSson-
Vile and all Florida points;
also Charlotte, Richmond.
Washington, New York and
the East Pullman Sleeping
Car Birmingham to Jaclzson-
Vile; also Birmingham to-
Richmond Va
1910 .. m.--No. 81, for Columbus. West
Point. winona Greenwood
and Greenville. Pullman Draw
ing Room Sleeping Car Bir-
minghnm to creenvllle.
1e:s5 p. m---No. 81, for Selma Mobile and
way stations. Pullman Draw
Ing Room Sleeping Car Rir-
mingham TO Mobile.
II 30 D. m.--No pS new train, for Atlanta.
Admission and way stationn,
! Pullman Drawing Room
Sleeping Car birmingham 10
Atlanta, Sleeping car can be
occupied at Union station DO
p. m,
Ter detailed Information and sieepins
Ger reservations apply passenger offie@
,kosx4e Hotel building. Telephone CIT,
). ~. HARRISON. Dist, Pzsa. Aga
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
New York Cotton Futures.
New Orleans Cotton Market.

New Orleans, September 10.-Spot cotton
quiet. sales 402B Jales, including $500 to
arrive. Quotations 3-16 lower.
Futures opened quiet at a decline of 8
to IL points. The disappointing attitude
of the Liverpool market, a decidedly
bearish visible supply statement and a
favorable weather map, which, following
many days of good weather, did not bear
out the reports of continual deterioration
that were still received from the fields.
These were among the bearish features,
but the most potent was the fact that the
supplies of cotton are slowly but steadily
accommodating and the spot demand is not
at all strong. AS 1t was the end of the
week fresh trading was naturally re-
stricted, but the bears received more en-
couragement than they have had for a
long time anu predictions were freely
made that a lower market would be seen
next week In the trading October OPEN
ed points lower at 10 cents and finally
sold down to 9.91; December opened 10
points lower at 1901 and finally declined
to g.8. The market closed quiet, showing
net losses of Il to 10 points.
New Orleans September 10.--Cotton fut-
ures steady; September 10 05610. OF; Octo-
Der Q. CLOS. 90; November Q. 9469. 90; Decem-
Der 9.97@9 9S; January 10.03Q1004; Febru-
airy 10. 09Q10 II; larch 10.1f91018.
New Orleans, September 10.-Cotton
quiet and steady; salet 1925. Ordinary
7a.c; good ordinary 1-1sc; low middling
9 11-16c; middling 10 5-16c; good middling
1Ossc; middling fair 1o7sc. Receipts 1896;
stock 22968.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12

Peoples Savings Bank and Trust COM
pany, as TO my honesty for my contracts
Fully three-fourths OF my patients have
been treated by some one else before cail-
ing on me to be cured. Why not come al
soon az afnicted7 You will save money.
distressing pain and valuable timsi be-
sides, there IL satisfaction In knowing
that the very best treatment 10 being
siven you by an honest, competent ply
sician. have treated private troubles
as a speciality in the city of Birmingham
Ala, since August Q. 1887. cure syphilis,
Konorrhoea, s1eet structure, lost manhood.
etc. I cure many patients by mail treat
ment. Write for prices and terms.
/ do not use large advertisements and
false statemsnts TO attract patients which
merit has failed to secure. II you fail 70
be cured by such methods. give me call
and get we'll
NV offices. are the most private and
quiet in the city. tenth story OF the new
first National Bank building. corner Of
second avenue and Twentieth street
poons 1912 and 1o14. Take one OF the ana
elevators to tenth floor.
Office hours: $3.50 q. n. % - = q
Sunday. 10 g. M to u n y
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12

come from firms credited with operating
for speculative combinations of large
capitalists and the general commission
house business has been small and lit
tie public interest In the market has been
reported. The board room element has
maintained a skeptical attitude toward
the advance and has been constantly on
the watch for It's elimination and re-
action. Their short selling and later
forced covering have been factors In the
occasional halts. and the latter renewed
advances. Selling was conspicuously In
evidence on Tuesday after the three holi-
days interval.
The iron and steel trade was a subject
of constant discussion and close atten-
ton In the market, and seemed to be In
terpreted in a sanguine mood Deep cuts
In various lines of finished products except
steel rails We're admittedly designed to
stimulate languishing demand. and this
telated policy proved small and puzzling
in view of the average blast furnace sta
tistics, showing an increase of 5000 tons
in the weekly capacity, with an accom-
panying reduction of 10000 tons In the
stocks on hand. But the reduction In prof
its involved In the cuts was mode than
offset In the market estimation by the as
surance of agreement on the schedule
fixed and the avoidance of threatened
danger of an open market and destructive
competition. Many rumors were also pre-
valent of large orders to be placed at the
concessions In prices. Belief In revival
of the iron trade was an effective influ-
ence on the whole market. or similar ef-
feet was the evidence of the growth In
railroad traffic.
The principal activity In the bond mar
ket has been in speculative issues, and
the tone has been irregular at times. Uni
ted States government rs declined u OF
per cent on call this week
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
Loveman & Co.'S Market Letter.

BY III. and b. Beer.
The relative increaAs o. 1170o0 bales In
the worlds visible supply of American
cotton during the past week, notwith-
standing spinners' takings to have been
10000 compared with 5000 for cores
ponding week one year ago, lowered the
Liverpool market some points today.
and influenced values in American mar
kets to seek a lower lever. There Is every
reason to believe that the visible stock of
American cotton will continue to In
crease when compared with weekly addi-
tons of the early part of last season,
the crop this year being so much earlier,
furnishing free movement and rapid
distribution of supplies throughout the
world afioat for Europe from the United
States amounting to $1,000 bales against
IA, 900 last year, and additional shipments
are in course of transit, sentiment in the
English market seems to be changing.
Exsupporters of the market now advo-
eating operations on the short side, be-
lieving prices will sag and advising trad
ers to follow the decline. Planters In the
south, however, are quietly organizing
with a view of marketing their crops
slowly Such action has already been
put into practice In Texas and Georgia,
and we hear of the example being fol-
lowed in sections of Mississippi. which
DO1iCY Is apt u ne tdhtn up ana carried
out in other states of the belt. The south
is better able to undertake such meth
cd of marketing the crop slowly than she
has been for years, last years value of
the fleecy staple bringing tile enormous
su of $617000,000 compared with $780,
100000 year before and s2S20Oo.0O0 in 1898,
when the crop was 11,125.vJ0 bales. There
fore. 1t can be readily seen that the south
ern planter is well fortified financially
and in a position to make the best of the
situation II he 80 desires. The spinners
on the other hand have been badly Grip
pied, having suffered from high prices
during the past four years. in many cases
losing money. The trade is becoming
accustomed to 10 cent cotton. having had
to pay much higher last season. the aver
age price Of which crop was - 15-100 cents
compared with sz-10o cents the year be-
fore.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
The Live stock Market.

Chicago, September 10.--Cattle receipts.
800; steady; good to prime steers, $4,000
6.05; poor to medium. 50 .56@5. rs; stockers
and feeders. $2.25G3s0; cows, 81. 5000 .3b;
s2a4.15; calves, $4,000. so; Texas-fed
steers, 1904; western steers, 81. 5@4. so.
Hog receipts, 1000; &c lower; mixed and
butchers, s5.sO05 .s5; good to choice heavy.
s5.40q5.7b; rough heavy, &.95@5. 80; light,
S. 45@5.95; bulk of sales, IS. 45@5.65.
Sheep receipts, 5000; steady; good to
choice wethers, s35094 Is; fair to choice
mixed. s3.26@S. 60; western sheep, 500. is
native lambs. $4@6.25; western lambs,
$46O017. 3d.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12

Cash quotations were as follows:
Flour-Steady; winter patents. $o.log
s. 20; strights, "a. 6O@5; spring patents. s5.2o
as. 80; straights, s4.5OQ5.10; bakers, ~. 400
$50.
Wheat-No. spring, 81 liz; No. ., sl.O2
al. 0S; No. 2 red. $1.0s1kG1. OH.
Corn-No. 2. 524c; No. yellow, 54c.
oats--No. 2. 311kc; NO. white, S24Q
33Ac; No. white, 31@321zc
Rye-No. Q. 1A@72c.
Barley-Good feeding, S793she; fair to
choice mailing. A@51c.
Flax Seed-No. l. $1.195k; No. l north
western, N.277x.
Mess Pork-Per Dbl. 80 s71k@11.
Lard-Per 100 lbs. 7@7 .021k.
Short Rib Sides-Loose, S7.S5Q7. ~.
Short Clear Sides-Boxed, $8.25Q8 80.
Whisky Basis Of high wines, H.8.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
IIverpool Market.

Liverpool. September 10.-Srot cotton In
fair demand; prices unchanged; American
middling, $40. The sales of the day were
1000 bales, of which 200 were for specula-
ton and export, and included 34o0 Ameri-
can; receipts, 100 bales, an American.
Futures opened easier and closed quiet;
American middling, good ordinary clause:
September, sos; observation-disclosures 5.5s;
October November, BAT; December-Janu-
Dry, 8. a5; February, 5.43; Fenru-
ary-March. 5.43; March-April. 5.A; April
May, ga.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
LOCAL MARKETS.

The cotton market went off " Of cent
per pound again yesterday Good mid
ding is quoted at 10 cents. while low mid
ding is priced ct sla cents per pound.
No changes have occurred In staple
groceries. Business Is very good at the
prices prevailing the past few days
Business is very fair on Morris avenue.
Potatoes, cabbage and other staple pro-
duce Is plentiful, with prices steady,
Very nice grapes are on the street, and
large shipment is expected Monday.
Poultry and eggs are unchanged.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
Local stapIe Groceries.

Local Staple Groceries.
Corrected daily by B. +. Roden Grocery
Company
Sugar-Granulated. SIC; Y. c., SIC.
F.our-Fancy patent. 3d.; half patent.
1915.
Coftss-oreen. s1sa12hc: Arbuckies
Porto Rico, 1880
Meat-dry sailed ribs. 9ikc; dry sailed
rib bellies, 10c; hams fancy. 13ssc; me-
dunn. 12ssc; extra clears, 9Ac; bacon bel
lies, 11hc.
Lard-Leaf, nc.
Compound Understandable. STA.
Nolasses-Centrifugal 154aSc; sugA
house. 4Oc: Georgia cane, ssc.
Beans-Navy. $40 per bushel; Lima. sc
pound
Pearl Grits-92 pounds, SLIGO.
Feed STUFF.
Meal-Bolted, S1.20Q1.25.
Hay-Per ton timothy. No. !. SIG; clover,
mixed, $14.5O.
oats-Feed, 45c; No. z. 4sc; No. 2, white.
SIC.
Corn-Mixed. roc; white, 73c.
Cotton seec Meal-Per ton. feed tai;
prime. s24
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
The Coffee Market.

New York. September 16.-Soffee steady;
No invoice 7zs; mild steady; cordova,
10@1s.
Coffee futures opened steady, SOTO points
higher In response to firmer European
cables. Demand was restricted by week
end considerations, however, and while
the Brazilian cables were more favorable
than looked for, smaller longs utilized the
advance for liquidating and prices de-
clined, closing net points higher on Sep
TENDER and unchanged on all other posi-
lions. Sales were only 5000 bags, includ-
ing October 60; March, 7.10@7.1 Is; May,
$780,
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
Dry Goods.

New York, September 1o.-1n the dry
goods market the reduction of cent in
certain prominent lines of tickings has
had more or less Of an unsettling effect
in this particular division Of the market.
but general conditions are firm and I'M
changed. Jobbers report more quiet day
ON account of the Jewish holiday.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
Chicago 'change.

Chicago, September 1o.-Uncertainty as
to the showing of the government crop
report restricted trading in the grain
markets today, resulting in featureiess
market. December wheat closed 1QlAc
higher: corn 1k@%c lower; oats on hq
Nc, and provisions &c lower.
The leading futures ranged as follows;
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12

Clover-Contract grade, SIT. 75Q11. 80.
On the produce exchange today the
butter market was easy.
Creamery, 14@19c.
Dairy, --1a916c.
Eggs firm at 141s@17c.
Cheese firm at S@9c.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
Bonds.
Money on Call.

New York, September 10-Money on
call easy: no loans Time loans UNI
changed. Prime mercantile paper $40
~ per cent; sterling exchange steady
with actual business in bankers bills at
4s7. 05@4S7 10 for demand and at $4,000
4S4. 50 for sixty days; posted rates 4Sols
and 4sS; commercial bills 4S4A; bar silver
56M; Mexican dollars SIC; government
bonds steady; railroad bonds firm.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
The Metal Market.

New York, September 10.-There was the
usual Saturday dullness in metals, with
prices holding steady. Buyers were only
In the market for small lots, and these
were filled at yesterdays rates. Tin.
S27 .25q27 so. Copper. lake, u. 621aQD12. 70;
electrolytic. 12.50912.75; casting, 12.271k@
1926. Lead, 81. 2054.3o. Spelter nominal.
Iron steady UNCHANGED
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
DR.. Y. E. HOLLOWAY,
SPECIALIST
PRIVATE DISEASES,

you q perma-
nent cure Of
private troubles
and that you
may know my
guarantees 10 70.
liable I refer
you with per-
mission. to tina
First National
oank. Alabama
National bank.
Steiner Broth
ers. bankerA
Jefferson Coun-
ty o vim g q
bank and the
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
Naval stores.

Wilmington, September 10.v-Spirits tur-
pentine nothing doing; receipts ia. Resin
nothing doing; receipts 1884, Tar Arm,
$3.50; receipts Ill. Crude turpentine firm,
1925, 1875 and $3.75; receipts 153
Savannah September 10.-Turpentine
firm, 62H; receipts $50; sales 500; exports
S6s3. Rosin firm; receipts 2oO6 sales 1857;
exports $780, Quote: A, B, C. $3.50; d,
go: E. 81. So; r, 40; G, s2.7b; H, 50. rs;
I. $3.15; K. s3.75; M, 81 .121a; N. s4.371k;.
window glass, 81 GIN; water white, "a. 971k.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
Fruit and produces.

Corrected daily by c. II. Bell &c Co.. -ois
Norris avsnusD
Lemons-Per box extra choice sS.zoge.p'
Bananas-Per bunch. 75q;l.B
Apples-New, per barrel. $3.50
Peaches-Six-basket crates, 2q2.2o.
California Pears-s3 per box
California Tokay Grapes-N.
California Plums-$2
CARBOHYDRATES. 8 lbs, Concord, Soc;
pony Concord, 20c; pony Delaware, 3Oc.
Virginia cabbages, lie per pound.
Eggs-20Q2ec.
Peanuts-Fancy, per pound, 7c; No. 2,
61zc.
Celery-Michigan, per case, u.
Tomatoes-Per bushel, $lQl. 90.
Potatoes New Irish potatoes. per BUSH
75c; fancy stock, soc.
Sweet Potatoes ullman yams. $2Q2.25;
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12

ders and was conspicuous among early
purchasers Of Steel. Southern railway and
Erie Moore & Schley were quite extern
siVe buyers of stocks and took a heavy
| block of Southern railway Sales today
ERe ~
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
cIeari,,os and Exchange.

New Orleans, September 1o.-clearinsf
slit, 494; New York exchange bank 81 pei
$1,000 premium; commercial 75c per SOo'
discount.
Memphis. September 1o.-Clarings $780,
444; balances $14s,691
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
$e,e4s,524.s5

Jerseys, per barrel. 81, 2592. 40.
Onions-Per pound 211c to Sc.
acknowledgement
Butter-Renovated. 1Sd2oc; creamery,
20G21c; country. fresh, 10115c.
Poultry-Hens. 25c; larL' ), soc; broilers
121h@15c; fryers 15@25c; ducks. 20Q25c.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
Cotton Seed OIL.

New Orleans September 1o-Cotton seed
oils firmer; prime refined in barrels 29c;
of refined in barrels CSC; prime crude
loose &c.
oil car load lots, per gallon: Prime crude
23c; prime summer yellow 251hc; choice
cooking summer yellow less than car load
lots 45c; cotton seed meal prime s21@2l. 49,
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
DaIIv Statement.

alyeston-Steady; middling 101zc; sales
z4Ai; receipts 6210; stock 41,140.
Modification quiet; middling 1oc; stock
56645.
Memphis-Cotton quiet middling 101ac;
receipts 80; shipments 521; sales rs; stock
8122
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12

St Louis and return, account world s
fair. Season tickets. sixty-day tickets and
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 less
than the one-way standard rate. limited
ten days for return.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
SPECIAL LOW RATES VIA SOUTH
ERIN RAILWAY.

Eureka and Hot Springs. Ark. and re-
turn. One fare plus 50 round trip. Tickets
sold only on Wednesdays and Saturdays
Of each week during the months OF June,
July, August and September. limited
sixty days for return.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
seahoard Air Line.

Baltimore, September 10-Seaboard Air
Line do. preferred 29A bid; Coast Line
common 122A bid.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-09-12
RAILWAY SCHEDULES

Showing the arrival and departure q
passenger trains at the union staten
Birmingham
Louisville and Nashville Railroad.