davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1905-02-25
smolIen 6 Co.'s Market Letter.

Cotton-Liverpool cables this morning were shade lower. Futures opening ? to points lower, rallied ? points and closed 1 to 3 lower than last nights final figures. Spots AIT with sales of 12,O00 bales. The port movement was some what larger than last year, being 10000 bales against 12,000 for the same date last year. New Orleans estimated receipts for tomorrow 5000, against $500. March contracts opened in New York 6 points lower at 7.24, rallied to 7S6. after which it eased off to 7.23.
 Stocks-The stock market, while not so active as yesterday, showed considerable strength and good substantial rally from the close of the previous day.
 Sloss-Sheffield found another high price. selling as high as 1181A. an advance of 5 points over last nights close.
 Tennessee Coal and Iron opened 11a per cent higher at 9s1s and shortly after the opening was selling high as 94H. Re- public Steel was 1 per cent higher and Colorado Fuel and Iron 1A.
 The railway list was very strong. New York Central gaining over ' per cent St Paul advanced 2A Union Pacific AZ; f; Louisville and Nashville 1, Illinois Gen. tral ?, and Missouri Pacific per cent
 Sales to noon were over 500.0Oo shares
The Birmingham age-herald., 1905-02-25
STOCK MARKET
 IS MORE SETTLED Southern Iron Merger Bugaboo
 Has Disappeared STOCKS WERE LESS EXCITED Conflicting Statements Are Issued Re earding Accumulation of Control of the ompanes-Railroad
 List Was Active.
STOCKS WERE LESS EXCITED

New York, February A-The stock market was more settled today and there was a resumption of strength. This was largely due to a decrease in the fears of disastrous outcome of the stock market wise to the struggle for control of the southern iron companies.
 There was less reason to fear cor ner in those stocks and their movements were less excited and convulsive than those of yesterday. The group was re- garded with more or less suspicion and distrust, however, which was accounted for by the continued conflict of the va rious statements and reports put in cir culation with a semblance of authority. These were concerned with the progress alleged to be made in the accumulation of controlling holdings in the various companies, and of the terms said to be agreed upon for payment for the stocks. The quotations in the market continued widely diffused from the alleged terms, and the public at large was much at a loss to form an accurate conclusion as to the probable final outcome of the whole affair.
 Activity reverted very largely to the railroad list, and the high grade of the stocks most prominent in the trading, helped to reassure sentiment disturbed by yesterdays sensational fluctuations. New York Central was leading feature and it's advance of over seven points was made on much larger transactions than are usual in that stock. The prin- cipal operations were attributed to the same sources as the recent campaign in Ontario and Western. This led to a revival of a former rumor that the re- gently acquired control by the New York, New Haven ana Hartford and On- tario and Western was to be transferr- ed to or shared by New York Central.
 The movement in other eastern rail- road stocks was largely sympathetic. Union Pacific recovered vigorously from it's rather sharp break of late yesterday to a record price at 136 and this was another sympathetic influence of wide ef- feet In the market. Illinois Central was the leader in the southern group. The buying of the stock had no other ex- planation than general consideration of Its relative price level. Amalgamated ed Copper seemed to be helped by the extra dividend declared yesterday on the stock of an important independent copper com pany
 The Wabash system reported net earn ings for January which showed a fall ing off of considerably over 30 per cent from those of January for the preceding year but it's preferred stock was not de- barred from a share in the days strength.
 The Gould group was helped by the very large over-subscription for the $25, 100000 of Missouri Pacific bonds which were offered today The subscriptions re- ceived were reported by the bankers to
The Birmingham age-herald., 1905-02-25
MARCH TENDERS
 STIR UP ACTIVITY Forced a Considerable Amount
 of Liquidation UNDERTONE WAS STEADY At the Close Covering Became a Factor and Final Prices Were
 Steady at Slight Net
 Advance.

New York, Feb. 24.-The cotton market was more active and was rendered ner- vous and irregular by the issuance of March tenders to the extent of about 35 ,OO0 to 40,O00 bales. These notices cir culated through the greater part of the session among the various commission houses and forced a considerable amount of liquidation, while the parties issuing the tenders seemed to have buying or ders around the ring and gradually bought back their cotton with the mar ket toward the close when notices had practically been eliminated as a factor, showing quite a steady undertone on cov- ering by early sellers and some invest ment buying of the later months. The opening was steady with March ' points lower and other months 1 to 2 points higher. March on call sold at 7.23, but it was seen that the people who had issued notices were bidding for March and room traders having no March contracts outstanding were bull ishly influenced by the better cables, and, believing that notices would be taken care of, bid the market up all along the line, with the result that within the 1TSI ndI 1OuI MATCH SOlu at Loo anu other months were 9 to Il points net higher. This was followed by a reac- tion to about the opening figures, when it was seen that the notices were still circulating, and during the balance of the session the market ruled irregular between this level and a slight advance. At the close covering became a factor and final prices were steady at a net advance of to points.
 The closing tone was steady. Sales of futures were estimated at 450.000 bales.
 Receipts for the day were larger at all points, and the intosight for the week ran about 30000 bales over last years, with many private advlces predicting freer spot offerings owing to improved weather and the hastening of new crop preparations. Official advices from south ern spot markets reported unchanged prices to a decline of 3-16, but most pri- vate advices reported firm interior hold CTS for the time being.
 Receipts at the ports today 20,aS6 bales, against 14636 last week and 12,651 last year
 For the week, estimated 10000 bales, against 72,675 last week and 64,S79 last year.
 Todays receipts at New Orleans 6902 bales, against 265l last year. and at Houston 5332 bales, against 26S2 last year.
 New York Cotton Futures
 Ii..t, I t1aeo
The Birmingham age-herald., 1905-02-25
Weekly Interior Cotton Towns.

Albany-Receipts 1O5; shipments 7s; stock 7936.
 Athens Receipts 1o7s shipments 947; sales 6o stock 2s,050.
 Atlanta-Steady; middling "A receipts 90; shipments 51O; stock 9572.
 Brenham-Receipts 377; shipments 106; stock 3236.
 charlotte-Receipts 2ss; shipments 2s3.
 Columbia-Reeeipts 7O6 shipments 7O6 Columbus. Ga.-Quiet; middling 71s receipts 2S6; shipments 40; sales 40; stock 21,717.
 Columbus, Miss Steady; middling 7A receipts 1875; shipments 16IS; sales 1673: stock 6S9l
 Dallas-Receipts 2o74; shipments 1867; Eufaula-Receipts 246; shipments 400; stock 6096.
 Greenville-Recelpts 5S6 shipments 2107; stock 3277
 Greenwood, s. c-Receipts 165; ship ments 121; sales A; stock 53o5
 Helena-Receipts 147O; shipments se1; stock 6227
 Little Rock-steady; middling 7k re- ceipss 6697 shipments 4495 stock 3O.405. Macon-Receipts 457; shipments 1851 {; stock 16525.
 Meridian-Reeeipts 1875; shipments 1875; stock 26SS7.
 Montgomery-Quiet. middling 71s; re- ceipts 1881; shipments 2251 sales 2251 i; stock 341S4.
 Nashville--Firm: middling 79s; receipts 465; shipments 134; sales 134 stock 956. Natchez-Steady; middling ' 5-16; re- ceipts 1888; shipments 1340; sales 14lT; stock 1441.
 Newberry-Receipts B; shipments 52. Raleigh-Easy; middling 79s; receipts 8; shipments 165; stock 10S7
 Rome-Receipts 1071; shipments 1091 :; Selma-Receipts 949; shipments 2975; stock 20 130
 Shreveport-Steady; middllng "A; re- ceipts S9S4; shipments ES73; sales 2442; stock 33,566.
 Yicksburg- Receipts 1920; shipments 2670; stoci. 2l,157
 Yazoo City-Reeeipts 557; shipments 1467; stock 17,29S.
The Birmingham age-herald., 1905-02-25
Comparative Statement.

New York, February A-The following Is the comparative cotton statement for the week ending Friday, February 24: Net receipts at all United States ports during week, 1l2,575; net receipts at all United States ports same week last year, 64,S77; total receipts since September 1.
 6,991 ,304; total receipts to same date last yeas, 6,376O93. Exports for the week, 13s. 704 exports for same week last year. 431S0; total exports since September l. 5,526 143; total exports same date last year, 4,S09 7S4. Stock at all United States ports 6S0 2S2: stock at all United States ports same time last year, 657661; stock at all interior towns, 5SS,19S; stock at all
 interior towns same time last year. 343, 645; stock at Liverpool same time last year, 619, 900; stock of America afloat for Great Britain same time last year, Il. .404.
The Birmingham age-herald., 1905-02-25
War. 6 LeIand,s Market Letter.

The cotton market this week has been of such a complicated nature that 1t would take Philadelphia lawyer to ex- plain the various operations that have been going on. In Nhe first place, both bears and bulls bought cotton at a dis count under May and July and then started temporary squeeze that carried March on Monday to 7.90. May sold high CT than on the previous rise and July sold back to 7alc. Then cana a meeting of the various spot interests and as a re- suit that meeting holders of March began to sell their cotton and buy in May and July. The rapidity of the decline in March swept the entire market from its mooring and yesterday there was liqui- dation on a scale that startled some of the more conservative traders on the floor July ran down to 7.35 with May at 732 or within , or points of the low level touched on the decline ten days ago. There has been no radical change in the cotton situation to account for any
 important change in the future market.
The Birmingham age-herald., 1905-02-25

Nuts-Brazil. 14c: almonds. 14c: walnuts. 14c; mixed nuts. pr h., Pc. Cleaned entrants. per h.. Sc; citron. per h.. 17c
 Celery-California soeQsl per dozen. Cranberries-Boxes s2.50
 Potatoes-Irish potatoes. per bushel. Goo.
 Sweet Potatoes-Culman per barrel N .7502; Dooly vans, per bushel, DOC. Barrel s2.75.
 Cabbage. 1Ac per pound. Rutabaga turrips-iAc per pound. Onons-Per pound. 2,sc. Turkeys-Live. 15c: sdresscd 1sG20c. Hens-350t40c: chickens. 25G30c. Butter-Fresh. 1S@2Oc; renovated BOG Eggs-Per dozen. 2S6l34
 Fresh Oysters-Selects. per 1000. si50 extra selects. per 1000. s.
 Rabbits-Per dozen. 25075c. Quail--Per dozen. s1.5001.75. Peas-White. per bushel. s1 1.35G1 .5o clay. per bushel. sl91.15.
The Birmingham age-herald., 1905-02-25
Neu OrIaa-e Cotton Market.

New Orleans. February 24-Spot cot ton active and firm. Sales 5300 bales, including 1000 to srrivs. Quotations un- changed Futures opehed steady with prices four points lower to four points higher than yesterdays closing. Soon af- ter the first call prices advanced four to seven points. but under heavy realiz- ing sales. two to four, points were lost. From this time on the trend was up- ward Today was the first notice day on March deliveries About 30000 mo- tices were issued but most of them were promptly stopped. Prominent bulls argue that the holders of spot cotton in the interior have already won the fight; from this time on the receipts each week will have to double what they were for the corresponding weeks last year, to make this commercial crop 100000 bales. The market closed firm with net gains of to 10 points, the most distant positions showing the greatest improvement.
 New Orleans, February 24.-Cotton fu- lures steady. February 7.2907. 3l; March '. .S26t7. .33; April 7.S30D7 .35; May 7.350D7 36 June 737d7 .39; July 7,3967 40: August 742@744 September 7s.44@746; October 749a75O
 New Orleans. February 24.-Cotton steady; scles $500: ordinary 5; good or dinary 3-16 low middling 6 15-16: mid ding 7K; good middling 7A; middling fair 5-16 Receipts 6902; stock 2S4,070.
The Birmingham age-herald., 1905-02-25

be over eight times the amount of bonds. This evidence, which is corroborative of the abundance of capital seeking invest ment. marks the real sustaining factor in the present extraordinary market. The enthusiastically frmer tone of the market today seems to be attributable to credit requirements of this kind rather than to any decline in bank reserves, IS the domestic money movement seems to have shifted again in favor of New York for the week, the net gain in cash apparent ly amounting to over $1000,000 from all sources. The upward movement spread rapidly towards the last and the market gained greatly in animation with the last outburst in New York Central and Union Pacific, which carried prices gen. erally with them to buoyant closing.
 Bonds were irregular. Total sales, par value, s5, 3i5,0O0.
 United States bonds were all unchanged on call.
The Birmingham age-herald., 1905-02-25
Southern Railway Co.
Schedule Tn Effect June 10. 1oos.

schedule In Effect June 19, 1905. Trains leave Birmingham as fololws: o'lO a. m.-No. 3s. for Atlanta, Washing ton, Baltimore, Philadelphia. New York and the East Pull man Drawing Room Sleeping Car. Birmingham to New York.
 6:2O a, m.-No. 19 for Montevallo, Ma plesville. Selma and way sta- tions.
 i2:25 p. m.-No. 35. for Columbus, West Point. Winona. Greenwood and Green9ille; also Sheffield and Florence and North Ala bama points
 S'4o D. m.-No. 10. new train, for Cordova. Oakman. Corona and way sta- tons: also Blossburg S'4o D. m.-Ro. 22. for Anriston and way statie-ls; al; Talladega b;lo D m.-No 36. for Atlanta. Jackson- vile and all Florida points: also Charlotte. Richmond. Washington. New York and /. the East Pullman Sleeping Car Birmingham to Jackson- vile: also Birmingham to Richmond. Va lo;2o D. m.-No. 37. for Columbus. West Point. Winona. Greenwood and Greenvi!e. Pullman Draw ing Room Sleeping Car Bir- mingham to Greenville. i~'Av q. h.-No. zl, TOT Selma. Mobile and way stctions Pullman Draw ing Room Sleeping Car Bir- mingha. to Mobile. il;SO D. m.-No 9S. new train for Atlanta. Anniston and way stations. Pullman Drawing Room Sleeping Car Birmingham to Atlanta Sleeping car can be occupied at Union station s:30 D. m.
 For detailed information and sleeping car reservations apply passenger office, Morris Hotel building. Telephone 617. J. N. HARRISON. Dist. Pass. Agt
The Birmingham age-herald., 1905-02-25

terior movement, the reported easlness of spots and generally favorable wealth CT shortly after oeeasioned a recession About this time, however, private ca bles from Manchester were received stat ing that unprecedented orders for goods and yarns, causing the largest business ever known being done there expressing an opinion that 1t was unlikely for an advance to check the business, which was also instrumental in having MT. Ellison raise his consumption of cotton for Great Britain 40O0 bales per week. In addition to this, rumors that the largest bear op- orators in America was buying freely superlnduced an enhancement of about 6 points over yesterdays prices and a more cheerful feeling prevailed.
The Birmingham age-herald., 1905-02-25
LOCAL MARKETS.

Cotton quotations are unchanged from yesterdays close Good middling is priced 719 cents per pound, and low middling is priced 6si cents.
 The staple grocery market is un- changed.
 Morris avenue produce brokers report a brisk business. Staple vegetables, poultry and fruits all have fair sale. Prices are firm at yesterdays close.
 Eggs are priced 2Sc to BOG per dozen. Poultry prices have no, varied the past day or two. The market is very strong and all poultry received on the street is readily disposed of.
 Game prices are unchanged. The mar ket is well supplied with birds and rab- bits
The Birmingham age-herald., 1905-02-25
LIverpooI Cotton Market.

Liverpool February 24.-4 D. m.-Good business done in spot cotton; prices 10 points lower; American middling fair. 461d; good middling, 4.29d; middling, 4.17d; low midding, 4.05d good ordinary, 3.91d; {; ordinary. 3.75d. The sales of the day were 12,000 bales, of which 1000 were for speculation and export and included Il. 400 American. Receipts, 27,000 bales, includ- ing 192O0 American. Futures opened quiet and closed unsettled; American middling, c. O. D.: February, 400; February March, 400; March-April. 400; April-May, 4.02; May-June, 4.04; June-July, 406; July-Au- gust. 4.07; August-September 4.08; Sep tember-O October, 40; October-N November, 40; November December, 40.
The Birmingham age-herald., 1905-02-25
Live Stock Market.

Chicago, February 24.-Cattle: Receipts; 5000; steady. Good to prime steers, S5. 60S 645 poor to medium, s37565.50; stockers and feeders, $2, 356g4 30; cows, s1 2514 35; heifers, s2at49o; canners, $1. .25@2.5 .55; bulls. $20i3.9O; calves. $3GD7 .35
 Hogs: Receipts, S2,o00; market Dc lower. Mixed and butchers s4.65Q4.90; good to choice heavy. $4.S5@4.95 rough heavy. S4. 65a4 80; light, s4. 4.6O@4.S0; Dulk, $4.70D 4S2lk
 Sheep; Receipts, SOOO sheep steady; lambs 10c and 15c lower Good to choice wethers, s5.6Od6; fair to choice mixed, S4. 5Oq5.30 western sheep, s4.50M6; native lambs, $6d7.75; western lambs, $5.75a7. 60.
The Birmingham age-herald., 1905-02-25
Total Net Receipts.

New York, February 24.-The following are the total net receipts of cotton at all ports since September 1: Galveston 1,94S, ,226, New Orleans 1S76,592. Mobile 2SS 224, Savannah 1,30S, ,50S, Charleston 179577, Wilmington 2S7 COL Norfolk 497, 072. Baltimore 39,S45 New York 21,693. Bos- ton 46s49, Newport News 44S9, Philadel- phia 94l6 Brunswick 155,2S7 Jacksonville Ii, ,o4S. Pensacola 179O3S, Port Arthur and Sabine Pass 99.314 Port Townsend 50,371, San Francisco 512S9. Portland. Ore. s931, El Paso 3125, Eagle Pass 6i94, Laredo 12s15; minor ports 4274 Total 6,s91, ,S04 bales
The Birmingham age-herald., 1905-02-25

bags accompanied by some further liquidation in the near positions, the mar ket following the call increased the gains to matter of to 10 points. A decline in Havre, however, caused re- newal of the weakness noted yesterday. and the market in the afternoon was back to about the closing figures of yes- terday But later cables were made pub lie from Santos firm claiming that re- cent increased elections of the Santos crop were congregations. and with notices out of the way the market toward the close was very firm, with prices finally steady at net advance of to b points. the spot month showing the greatest gain. Sales. 155,OOO bags. March, 645@ eco; April, 6.65; May, 6S0d690; July, 7.05@71O; August. 72O; September, 7250 7.35; October, 7.35; December, 7.5O@7. 60; January, 7.S5@76O.
The Birmingham age-herald., 1905-02-25
Bonds.
Money on Call

New York February A.-Money on call firm at 21sa3 per cent; closing bid, 21s per cent; offered at 2% per cent; time loans slightly firmer sixty and ninety days, per cent; six months, s1s per cent; prime mercantile paper, 3%64A per cent; ster- ling exchange weak, closing steady, with actual business in bankers bills at 4S6 S5 and S6.90 for damnd and 4S4 60 and ASA. 65 for sixty day bills; posted rates, 4S51s and 4SS; commercial bills 4S41s; bar silver. 6lsc; Mexican dollars, 46%c; government bonds steady; railroad bonds irregular.
The Birmingham age-herald., 1905-02-25

Cash quotations were as follows: Flour-Steady.
 Wheat-No. 2 $11461 .19; No. 3 $1 110d 1.19 No. 2 red, s1 .1slsa1. .197s
 Corn-No. ? 45A4451s; No. yellow, 45h.
 Oats-No. 2 3O7sa31; No. white s2A No. white 31Z.
 Rye-No. 75@7Sc.
 Barley-Fair to choice malting 43d46 Flax Seed-No. 1 $1.21; No. 1 north western s1 .31.
 Timothy Seed-Prime S2.90. Mess Pork-Per barrel SIP. .35m12. 40. Lard-Per 100 pounds s6.7O@6. .721s Short Ribs-Sdes loose s6 .50a6. .621s Short Clear SidesBoxed SC. 75Gi6. .S71k. Whisky-Bass of high wines sl. Clover-Contract grade s12.5O. On the produce exchange today the butter market was weak; creamery 24d32c dairy 24G2sc.
 Eggs-Steady, 21d2Sc.
 Cheese-Firm 12@13c.
The Birmingham age-herald., 1905-02-25

eeipts l52; gross receipts 152; sales l47; stock 60
 St. Louis-Add 9656 bales to net re- eeipts and shipments since September.
 Total today-Net receipts So2o gross receipts 1OS4s: shipments I1.5s: sales 3407 stock PAT, ,955.
The Birmingham age-herald., 1905-02-25
cottoa Seed oil.

New Orleans, February A-Cotton seed oils quiet; prime refined in barrels, 27c;
 off refined in barrels, 26c; prime crude, loose, 20c.
 Memphis. February 24-Cotton seed oil. carload lots, prime crude. 90c; prime sum
 mer yellow, 241sc choice cooking sum mer yellow. 271sd2sc; cotton seed meal and cake, prime. $20. 50d21. New York. February 24.-Cotton seed oil irregular; prime yellow, 27Aa2734c. Petrol cum quiet. Rosin steady; strained, com
 mon to good, s2.S715. Turpentine easy at
 5311Q54c.
The Birmingham age-herald., 1905-02-25
N.lsl Stores.

Charleston, February 2.-Turpentine and rosin, nothing doing.
 New Orleans. February 24-Turpentine dull 52c. Pitch. 2.25; pine tar, s4.75; coal tar, 3.50 Resin, per barrel of 2S0 pounds, A, B, c, $2 .65; D, $2.7O; E, s2.75; F, $2. .S2ls; G, s2.90; H. $3.25; I. s3.50 K, %.05; M, s4.50; N, s4.75; window glass, s5; water white. $5.15.
 Savannah February 2.-Turpentine firm at 49c; receipts, S6; sales, 259; ship ments, 9o Rosin firm receipts, 939; sales 1851; shipments, 115. Quote: A, B, c, s2.7o; D, s2.75; E, s2.sO; F, s2.S5Gl2. S71a; G. s2 .9oa2 .s21a; H, s3.25; I, $3.50; K, $4.05; M, s4.50; N, $4.75; window glass, $5; water white, $5.15.
The Birmingham age-herald., 1905-02-25
Dry Goods.

New York. February 24-The dry goods market continued firm. the influence of export buying being still in evidence The outlook for further business in this direc- tion causes increased indepen@ence on the part of sellers, who are not able to promise deliveries on many classes of goods. Jobbers continue fairly busy, but certain of their trade have completed their purchases and have gone home.
The Birmingham age-herald., 1905-02-25
Daily cottnn Mcvement.

Galveston-Steady; middling 11-16; net rt ceipts 1854; gross receipts 4954; sales 1900; stock 1Sl,426, exports-continent 5950
 New Orleans-Steady; middling 71k; ret receipts 6902; gross receipts 69O2. sales 5SO; stock 204,070 exports-Great Britain 1e,50O; continent 3s6.
 Mobile-Qulet: middling 71k; net re- ceipts 206; gross receipts 2O6 sales 50; stock 42,39s.
 Savannah-Dull; m.ddling 9-16; net receipts 2423; gross receipts 2423; sales 30 stock 65.605; exports-continent 2050.
 Charleston-Quiet; mddling 77s; net re- ceipts S43; gross receipts S43 sales 200; stock 2O547; exports-coastwise 25O.
 Wilmington-Nomina net receipts Al gross receipts Al; sales A; stock 12.1O5; exports-coastwise POI.
 Norfolk-Steady; mddling 7ss; net re- ceipts S27; gross receipts S27; sales. 65l stock 29.108; exports-coastwise 1856
 Baltimore-Nominal; middling Sc; net receipts 1069; gross receipts 1869; stock 7Ss9; exports-Great Britain 3S9.
 Boston-Quiet midding 7.90; net re- ceipts 34s gross receipts 3O10; exports Great Britain 1113.
 Philadelphia-Quiet; middling Sc; net receipts 50; gross receipts 50; stock 17S7. Jacksonvile-Net receipts 150 gross re- ceipts 150: exports-coastwise 150. Newport News-Net receipts 300; gross receipts 300; stock 107; exports-coastwise 34S
 Wilmngton-Add ITS bales to net re- ceipts this week New York-Quiet mddling ITS; gross receipts 1705; sales 11S; stock 6S,262; ex- ports-France 1074; continent 1850 Total today. at all ports, net, 20,3S6; exports-Great Britain, 1s,022; France, lO14; continent, 750O; stock 6S0,2S2. Consolidated. at all ports. net-112,575 exports-Great Britain. 43,522; France, 22o9; continent s3.S46 Japan 9127. Total since September 1. at all ports, net-6. 991 804; exports-Great Britain 2.6l2'032; France. 59O,494; continent 219i,- s23; Japan, 107,25O; Mexico 2,544.