davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1906-04-18
Loveman & Co.'s Market Letter,

The favorable weather throughout the belt during the four holidays failed to lessen the strength of holders or bring relief to the hard-pressed shorts. If evil dence were lacking to prove the strength of the situation the establishment of new price records for this advance in the face of excellent crop weather and of fears of strike of operatives in Manchester should be sufficient to convince the most persistent pessmist. Of course a strike. which has for it's basis demand for higher wages, in way is bull argu- ment, as 1t demonstrates in a forclble fashion the big profits which spinners are now enjoying and which the labor class Insists sharing
 The feature. which stands out most prominently is the stubborness of spot holders and the success which they are meeting in having their demands acceed- ed to by consumers makes the position of shorts in the summer months a pre- carious one. July was the strongest posi- tion today and led in the advance as the result of considerable covering by ner- vous shorts. The new crop positions moved np quite well, notwithstanding the good weather The short interest has been greatly increased lately, prices show no signs of yielding at any time and should a point be reached where the short stop orders are encountered there may be sudden uplift in these over sold months. In fact should the bad weather set in al any time we should not be at all surprised to see a regular stampede among October shorts. Liver pool Is due to points up.
The Birmingham age-herald., 1906-04-18
Worlds Visible Supply.

New Orleans April 17.--Secretary Hes ters statement of the worlds visible sup plv of cotton made up from special cable and telegraphc adyioes compares the hg- ures of this week with last week, last year and the year before. It shows a de- crease for the week just closed of 9432. against q decrease of 43.72s last year and A decrease of 3s.260 year before last.
 The total visible is 4,s26,o25, against 4,- 535. .457 last week, 4.1G3423 last year and 3O1ss46 year before last, and 235.727 in 1892 Of this the total of American cotton is 2.ss2 o25. against 80o2.457 last week. g., s47. .423 last year and 1,994S4e year before last. and of all other kinds, including Egypt. Brazil, India. etc.. 1.5640o0. against .533 GOO last week, 1.2i6000 last year and .05s 900 year before last, and 1,SS,00o in 1903.
 The total worlds visible supply of cot ton as above shows decrease compared with last week of 9432. an increase com pared with last year of 362,602 and an in- crease compared with year before last of 1,5O7119
 Of the worlds visible supply of cotton as above there is now anoat and held in Great Britain and continental Europe 2.163 Ooo. against 1901 900 last year and 1 G59 600 year before last; in Egypt. 151 00O against 199000 last year and 209,000 year before last: in India. 1,O2s,00O, against 748.O0o last year and 428.OO year before last; and in the United States, 11s4,O0o against 225, 600 last year and 723.ON0 year bpfore last,
The Birmingham age-herald., 1906-04-18
EARLY ADVANCES
 ARE AGAIN LOST Foreign Markets Resume After
 the Holiday TRADING IS CONSERVATIVE sOftenIns of the Local Money Market Was So Pronounced as to Lessen the Attraction for Securing
 Additional Gold.
TRADING IS CONSERVATIVE

New York. April 17.-The market for stocks followed about the same course today that it did yesterday The early advance to be in the nature of testing operations and the indifference of the out side response to this proved so far dis appointing to the professional element which was responsible for the movement that they retreated very generally from their position and resold their retak- ings.
 Foreign markets had resumed operations today after their prolonged holiday be- fore transactions were made in the New York market and a hopeful augury was drawn from the tranquility with which New York large acquisitions of gold were accepted. The event disproved the appre- henson of a violent unsettlement in the London money market, or in the London stock markets for Americans, which helped to depress sentiment late yester- day in the local stock market But the hope was dissipated by the removal of the threat of an adverse influence from the London market would result in considerable revival or any speculative interest here. The conservative attitude
The Birmingham age-herald., 1906-04-18

maintained toward the stock market has been a partial cause in the abruppt ter imitation of the enga gements of gold for above the level where gold could be shipped at a profit even with the allow ance under the United States treasury plan of deposits of government funds with the banks against engagements of gold for import. The demand on London's gold supply was so far, relaxed that the price of gold bar was allowed to drop back to Esd an ounce and the London discount rate was unaffected The soften ing of our own money market was so pronounced as to lessen the attraction for securing additional gold The call loan rate fell today to below 4 per cent before the active lending period of the day was over, and rates on the time loans relapsed to 514 per cent for 60 and 90 days, and to per cent for six and nine months.
 The efficacy of the measure adopted by the United States treasury to encourage gold imports in breaking the stringency of the money market, was therefore be- yond question, although the criticism was heard that it was possible for for tlBh iiOHty ihdihttS lO duOPl fpIbttCtift measures for their gold supply. The in- difference of the stock market to the easing money market is due to the feel ing that other needs remain to he sup piled before it will be wise to embark large credits in speculative commitments Easier money is looked for, furthering the Notation of the securities which have been withheld in waiting for a better market opportunity.
 The great expansion of eredits,in real estate and in other lines of new enter prise is believed to have become clogged in somewhat the same way the stringency in the money market reacting on itself to halt the working out sof projects upon which the moving of funds held in cred its has depended. The attempt to put up prices of stocks also met with more im- mediate obstruction in the form of larger offerings the source of which left room for the suspicion that liquidation of long holdings was in progress. Reading suf- fered something from the uncertainty over the anthracite labor outlook, and from the reports of riotous outbreaks in the coal regions. Pennsylvania, on the contrary, was conspicuously strong, al- though this was accompanied by a coh- tinual feeling out of the convertible bonds of the company. The Pennsylvania sub sdiary stocks followed 1t in rotation with advances, while selling was in progress at other points. The appearance of specu- lative liquidation in Amalgamated couper was of large sentimental effect. Prices were at the lowest during the final hour but closed with some recovery and with an irregular tone.
 Bonds were steady. Total sales par value, $3,2O 900.
 United States new fs declined A per cent on call.
The Birmingham age-herald., 1906-04-18
Gilbert G Claws Market Letter.

After the prolonged holiday the Liver pool market opened as expected and ruled quiet and steady all day, with a slightly easier tendency. Options on the close showed a gain of 3 points over Thursday, while spot sales, though quo tations were advanced points, were some what disappointing in 5000 bales.
 The New Orleans market was without special feature on the opening. The covering of a few short contracts, owing to the steadiness of tone, gave rise to the belief that a higher market would ensue. but interest began to lag and even the scalping element around the ring evinced a desire to allow the market S course to shape itself.
 A similar quietness prevailed in spots, factors continuing their policy of ask Ing above quotations for their more de- srable lots and buyers, unwilling to meet newer prices, held aloof.
 The general dragging interest that pre- vailed prior to Friday seems to have been carried over the holidays. Nothing of any importance has occurred, in so far as the weather is concerned, to cause any de- cided change in sentiment, while the bear ish aspect of the delayed visible supply is sued today was without effect on prices
 For the first time in many weeks the mill takings have fallen below the 200 GOO mark, while the decrease in American and the increase of other kinds of cotton are both disappointing. The dsinterested- ness of traders accounts for the narrow price variation, and if bears nave been in timidated by the new bull leaders argu- ments, those whom he would induce to support the market fail to become en- unused. Reliance therefore, must be placed in the strength of the spot situ- ation, which at the moment shows no eyl- dence of serious flaws
The Birmingham age-herald., 1906-04-18
TRADING IS QUIET IN COTTON MARKET Prices Ruled Higher and Close
 Was Firm SALES WERE 150,O0O BALES Private Advices Attribute the Advance to the Strength of Egyptian Cot
 ton and American
 Buying.

New York, April 1.-The cotton market reopened after the Easter holidays with trading comparatively quiet. Prices ruled higher, however. and the close was firm at a net advance of to 10 points Sales were estimated at 10000 bales.
 The market opened steady at an ad- vance 1 to points in response to firmer cables than expected. The weather over the south was generally favorable during the holidays. but this seemed to have no influence abroad and Liverpool was to points higher at the hour of the local openingl which was due to come about unchanged Private adviees attributed the advance to the strength of Egyptian cotton and American buying. There was some realizing here by buyers of last week, who had hoped for unfavorable weather developments over the holidays and prices sagged off 3 to points imme- diately after the call. But aggressive pressure was prevented by continued re- ports of a good trade demand, nervous ness as to a renewal of old crop manipu- lation and the absence of important spot offerings and after very quiet middle session the market rallied again in the afternoon on a renewal of bull support and reached a new high level for the movement The close was at practically the best prices of the session. Southern spot markets were reported unchanged to 1-16c higher. Receipts were liberal both for the day and as estimated for to- morrow, but exports were full and the weekend figures showed a good decrease in the visible suplpy of America.
 Receipts at the ports today, 21,69l bales against 26,905 last week and 39,2S last year For the week, estimated, @0O bales, against 11562S last week and l62s79 last year Today's receipts at New Or leans, 5547 bales, against 1020l last year, and at Houston, 6114 bales, against sO45 last year.
 New York Cotton Futures.
 fattt4
The Birmingham age-herald., 1906-04-18
Fruits and Produce.

Lemons-Per box, extra fancy, s4df425. Oranges - California navel oranges. 6 .500t4: grape fruit, SC.
 Tomatoes-Per crate, g.. .50Gi4
 Florida .Beans-Per crate. s300d350 English Peas-s2 .50u9
 Limes-Per 100. s1.
 Peanuts-Fancy. per pound. Sc: No 2 Sc. Sweet Potatoes-cullman, $1.50Q1.75 pei barrel; yellow yams. s5@s0c.
 Seed Sweets-Doolys. per bushei. r.ns Queens. $l.
 Celery-Per dozen. 75c; per crate, 3M csbbage-New crop Florida cabbage. s275
 Strawberries. per quart 25ai3ic .sst* Egg Plant-S2. 5Gu S3.00
 Lettuce-New crop, per crate. ,sQe 50. dozen. s5d75c.
 Onions-2a2I4c. Potatoes s5e4i00. ..,l Tennessee Second Crop Triumph Seed Potatoes. per bushel, 65G55c. A Turkeys-On foot, 15Qisc; dressed si7D fsc
 Eggs-Per dozen. fresh, 15s1sc -y Hens--3o035c; chickens, S5140c Butter-Fresh. l2itd15c; renovated. 2ye: creamery, 33c.
 chsese-Full cream, per pound. ise
The Birmingham age-herald., 1906-04-18
Daily Cotton Movement.

Galveston-Firm; middling, 111sc; net re- ceipts, 1850; gross receipts, 7950; sales, 1424: stock, 127 1SO; exports to Great Brit ain, 10,6T9.
 New orleans-Firm; middling, Il 7-16c; net receipts, 5547; gross receipts, 5bfa; sales, 2OO0; stock 234.1s1; exports to France 2535; to the continent, 2l ,496.
 Mobile-Firm; middling, Il c; net re- cepts, eos; gross receipts, eos; sales, 600; stock 22, s6s; exports coastwise 1920.
 avannah-Quiet; middling, II 3-16c; net receipts, 5476; gross receipts, 5476; sales, 2512; stock, 67. 465; exports coastwise, HI.
 Charleston-Firm; middling, 1l1sc; net receipts, 373; gross receipts, 3I3; stock, 17,s22; exports coastwise. 800.
 Wilmington-Steady; middling, 11Ac; net receipts, 507; gross receipts, 5OI; stock, 92ss
 Norfolk k-steady midding, 115sc; net re- ceipts, 1052: gross receipts, 1052; sales, S6; stock, 5,S7o; exports coastwise, 569.
 Baltimore-Nomnal mddling, nssc; gross receipts, $50; stock, 10,7A.
 New York-Quet mddling, 11e0c; sales, 159 stock 159,060.
 Boston-Quet; middling, Il soc; net re- ceipts, 134: gross receipts, Ss6; exports to Great Britain, 100.
 Philadelphia Steady; middling, 12l6c; gross receipts, 100; stock. 265.
 San Francisco-Net receipts, 30: gross receipts, 30; exports to Japan 50.
 Total today, at all ports: Net, 2l,6s7; ex- ports to Great Britain, 10,77s; to France. 2535: to the continent, 2l, ,496; to Japan, bO; stock, 694,113
 Consolidated, at all ports: Net, 49,R7; exports to Great Britain. 247 71S; to France. 2635: to the continent, 37,734; to Japan, 30.
 Total since September 1, at all ports: Net. s97s,O76; exports to Great Britain, 9. 4ss. .427 to France, 1,535; to the conti- nent, 2.OSO 565; to Japan, 101, AT; to Mexico, 2764
The Birmingham age-herald., 1906-04-18
Ware & LeIand's Market Letter.

Weather over the holidays in the cotton belt was generally favorable for the pro- gress of planting preparation, but the active demand for spot cotton and the feeling in favor of higher prices con tinued such that Liverpool advanced sharply during the early trading and this resulted in higher prices in the local market
 Both May and July sold back to about the high figures of last week, but at this point enough cotton was for sale to prevent further advances. Trading in cotton at the present 'time is not on scale to encourage anything but scalping operations.
 There seems to be no change in tho May position. and so long as this attitude on the part the large interests is main- tained, cotton can be bought on all de- clines and sold on bulges.
 The tone of the market is distinctly steay and prices continue to slowly creep towards higher level.
 Attention Is being attracted to the new crop by the feeling that a large produc- ton will be needed this season and rather extensive fluctuations in the new crop months can be expected.
 For the time. being the disposition to buy on declines Is most popular.
The Birmingham age-herald., 1906-04-18
LIverpool Cotton Market.

Liverpool April 17.-spot cotton quiet; prices points higher. American middling fair. s74d; good middllng, 6Ad; middling, 624d; low middling. 6osd: good ordinary 5.90d; ordinary. 6,70d. The sales Of the day were 5000 bales, of which 600 were for speculation and export, and including 7S00 American. Receipts since last report 4O.0O0 bales including 32,5OO American. Futures opened steady and closed quiet and steady. American middling. G. O. C.. April, 605d; April-May, G.O5d; May June. 605d; June-July 6.05d; July-August, 6O4d; August September. 59Sd; September October, 5S4d; October November. 5.76d i; November December. 5.75; Deeember-Jan- uary. 5.74d; January February, 5.15d.
The Birmingham age-herald., 1906-04-18
New Orleans Cotton Market.

New Orleans. April 11.-Spot cotton, after the four days holiday, was firm, but offerings were very light Sales. 2ooo bales. including $50 to arrive. Quotations advanced 1-16c; middng, Il 7-16c. Futures responding to the improvement In Liver pool, opened to points above last Thursdays closing figures, The trend of prices was upward, and at the noon call July was points up. Prices continued to improve to the end of the session. closing within a point of the top, the list from April to- August, inclusive, showing net gains of 8 to 10 points, and the more dis tant months gained to points
The Birmingham age-herald., 1906-04-18
Local Staple GrocerIes.

Sugar r-Granulated, 5hc; y. C., 4Iac. Flour-Fancy patent, s5.7o standard patent, S5. .25; straight. A.90.
 Coffee-Green, 11n13c; Arbuckles. sl55s: Porto f.ico. $15 55.
 Meat-Dry salted ribs. Sc: dry salted rib bellies. 10c; extra clear 9.i5c; hams. fancy, 14c; medium, 121ac; bacon bellies. i1Hc; California hams. s%c
 Lard-Leaf, 9Ize: compound lard, 79IAc. Molasses-Centrifugal 30d35c; sugar house. s0c; Georgia cane. S4c
 White Peas-Per bushel. S1.75d2.
 Beans-Navy. s2.25 per bushei; hand picked Lima. 7c.
 Grits--s2 pounds. t1.6
 Meal-"Jim Dandy" N.l5.
 MacarOni 7c
The Birmingham age-herald., 1906-04-18
Naval Stores.

New Orleans. April 17.--Naval stores steady; pitch. s2. 25 pine tar M.75; coal tar, 8. s0 Rosin, per barrel of 2s0 pounds, A, B. C. D, 8 60; E, s3.85 F, s3.70; c. s3.75; H, s41O; I, H.30 K, A50; M. s4.s0; N s4.90; window glass. s5 10; water white, s5.20 Turpentine firm. 65iac.
 Charleston. s. C., April 17.-Turpentine and rosin nothing doing.
 Savannah. April T.-Turpentine quiet. 65c; sales 1s2; receipts 470; shipments 215. Rosin firm; sales 1912: receipts 1859; ship ments 1067; stock 42.S9S Quote: A. B. c, s3.7O; D. $3.75; F, sS.S0: F, s3.s0; G. $4; II, $i.20; I. A. 4.50; K, s5.10; M, s5.15; N, s520; window glass, $5.3o; water white 8 40
 Wilmington. April 17.-Turpentine. noth- ing doing; receipts 40 Rosin steady. s. 45 receipts 319. Tar firm, q .S0 receipts 1s2 Crude @1rpentine firm. sz.so, $4.75 and 525 Receipts l12.
The Birmingham age-herald., 1906-04-18
THE LOCAL MARKETS

The condition Of the Birmingham spot cotton market yesterday was somewhat improved over It's condition of last week. The prices were up just little during the day, but good middling closed at 11kc. preceding day.
 In the local produce market everything showed a brisk movement and both the local and shipping sales were very large. were reported.
The Birmingham age-herald., 1906-04-18

s.s2s.s49; total receipts 10 same date last year, S.199. 10S Exports for the week. IS SlsO: exports for same week last year. 1O7,472. Total exports since September 1. 5.220 oil. total exports same date last year, 652s,2SS Stock at all United States ports 7l61s0 stock at all United States ports same time last year. 5SS.1lS. Stock a all interior towns, i45,34s: stock at all interior towns same time last year, 52s S62. Stock at Liverpool. 1.06S, 600: stock at Liv- repool same time last year 7sO00o. Stock of American afioat for Great Britain, 1S9,- O00; stock of American afloat for Great Britain same time last year. 19I0o0.
The Birmingham age-herald., 1906-04-18
Live Stock Market.

7 Chicago, April IT, -Cattle-Receipts, 37oO; slow, prices steady. Common to prime steers. s4.0096.35; cows ss.25a460 heifers s255d5.35 bulls. s26004.25; calves, g. 756r 6.5o; stoclSers and feeders. s2.75d475
 Hogs-Receipts, 1000; strong to 5c higher. Choice to prime heavy. s.75@ 6S21a; medium to good heavy. $6. 7Oa6. 75; ; butchers weight. ss. 750f6sO: good to choice heavy mixed. ss.e7Iads.75; packing, s5sO0 6.7O. -
 sheep-.Receipts 14,0O0: market 1ea15c higher. Sheep. s425ns.so; yearlings, s5.Ooa 625; lambs, s4.7567675.
The Birmingham age-herald., 1906-04-18
Takino of American Cotton.

New orleans. April 17.-Secretary Hes ter gives the taking Of American cotton by spinners throughout the world as fol- lows in round numbers:
 This week 1sS,oco this year. against 27s.,so last year. and 10000 year before last
 Total since September 1 this year s. PTS coo against S575.011 last year. and r. S72 0Jo the year before.
 Of this northern spinners and Canada took i.952010 bales this year. against l. sai coo last year. and 1.9l5.ooo the year be- fore southern spinners and foreign spin
The Birmingham age-herald., 1906-04-18

New York April 17.-Spot Rio and mild coffee, quiet.
 Futures opened steady at unchanged prices to an advance of 10 points on steady cables and somewhaI smaller receipts. Business considerably more active than recently: Wall street appeared to be buy ing on reduced estimates of the coming crop. as indicated by a cable from Santos estimating the yield at about II 1.00000 to i 1. 100000 bags. and prices added to their initial gain during the middle session. Considerable of the trading was in the way of exchanges from May to later posi- tions about 12o000 bags of the total sales reported being of this character, but these oparati toms were without effect on the
The Birmingham age-herald., 1906-04-18

New York, Aprh The following are the total net rece s of cotton at all ports since September l.
 Galveston, 2326, BIO; New Orleans, 1.424,- SIG; Mobile 2l0,254; Savannah, l,&s,s6s; Charleston. 16O053; Wilmington. 29l 17s; Norfolk, b56.0s4 Baltimore, b6,H1; New York 4944; Boston, 55,S61; Newport News 14,s5e: Philadelphia, 726S; San Francisco, ss, A52; Brunswick, 15e, ,565; Port Townsend, 55, s5S; Pensacola, 1S1. .7Ss; Portland. Ore, 3S2: Port Arthur and Sabine Pass, l0l, 362 1; Jacksonville, 17,5s6; Eagle Pass. Tex, 3oss El Paso, Tex, 150; Laredo, Tex, 5sbl i; minor ports, 14, 4O4 Total, 6,s2S, 949 bales.
The Birmingham age-herald., 1906-04-18
Dry Goods.

New York, April 1.-The dry goods mar ket was quiet in nearly all departments, the export trade especially so. Cotton yarns were steady with higher prices for fine numbers prevailing. The trade in the jobbing houses was almost at standstill awaiting the outcome of the sales next month,
The Birmingham age-herald., 1906-04-18
Bonds.
Money on Call.

New York, April 17.-Money on call easier, 3a41a per cent; ruling rate, 3%d4 per cent; closing bid, 21a per cent; offer ed at 4 per cents time loans easier; sixty and ninety days. 5Gt5A per cent: six months. per cent prime mercantile pa per, 51ad6 per cent; sterling exchange a. 4s5. 40ff4S5. .i5 for demand and at .75n 4s2. 80 for sixty day bills; posted rates, 4s3 a4ssls and 4s604s61a; commercial bills, 4s2 Q4s2ss; bar silver, 647sc; Mexican dol lars, soc; government bonds easy; railroad bonds steady
The Birmingham age-herald., 1906-04-18
comparative Statement.

New York, April 17.-Comparative cotton statement for the week ending Friday, April 13:
 Net receipts at all rnited States ports during week ll5.599; net receipts at all United States ports same week last year, IaS sSs. Total receipts since September 1.
The Birmingham age-herald., 1906-04-18
cotton Seed OH.

Memphis. April f.-Cotton seed oil. prime summer yellow, 34c; prime meal, s25; prime cake, $25
 New York, April 17-Cotton seed oil firm; prime crude, f. O. b. mills, s01l03lc. do yellow 37isG38s. Petroleum steady. Resin firm; strained common to good, 4lc. Turpentine quiet, 6s11G6sc
 New Orleans, April l7.-Cotton seed oil steady; pripe refined in barrels. 361ac; prime crude loose. 3lc.
The Birmingham age-herald., 1906-04-18
Metal Market.

New York, April 11-London tin, firm and higher; spot e177 los, and futures ETA 15s Local market firm; spot sss s7lka s39O0. Copper higher in London; spot e1o 13s 9d in English market. Local mar ket continued dull: spot s5.35a5.45 inside price being for thirty days Spelter un- changed abroad. but slightly advanced lo- cally; spot $605d6.10 Iron higher abroad ;; standard foundry and Cleveland warrants closing ASS Sd. Locally no further change reported. tf
The Birmingham age-herald., 1906-04-18
Stuff.

corn-No. 2 mixed. s4c; white, 5oc. Oats-No. 2 mixed. 43c: No. white. So: white clip. 47c.
 Pure wheat bran 80 or 100. s8
 Cotton seed feed meal, s26: prime, s1.1 Corn chops, sl.10. Corn hearts, s1.1s
 Shorts, 100 pound sack, S1.20 Hulls--S0-lb c. S., 8 ton; S0-lb. c. E.. 4oo sack 100-lb. c. S.. g ton; 1O0-lb. c. s., t6a sack 75 lb sack hnlls. 35c.
 Hay-Choice timothy. $500: No .timo- thy, sls.60; Johnson grass. sl4; clover mix. s17.5O.