davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1906-01-05
COTTON ACTIVE
 AND MORE FIRM Close Was at Net Advance of
 10 to 18 Points
SALES WERE 375,OO0 BALES
Predictions Were Made That the Re port of the National GInners Asso- eiation Expected Today
 Would Be Bullish.

New York, January 1.-The cotton mar ket was more active and generally firm with the close at net advance of 1oQ1s points. Sales were estimated at 5loOO9 bales.
 The opening was firm at an advance of 10Q15 points in response to higher ca bles, large spot sales in the Liverpool market and continued reports of an im- proved trade demand, one rumor being that considerable sales had been mado to spinners and for export out of the local stock. Trading was fairly active and the market appeared to be attracting a somewhat better demand throughout and commission houses as well as some support from southern and Wall street bulls. The news seemed to be of bull ish average. There were continued pre- dictions that the report of the National oHnners' association expected tomorrow would be bullish; private cables from Liv- erpool reported a more favorable opinion of the market due partly to an improve ment in the Russian situation, receipts ran lighter, and there was a large num- Der of private wires from the south claim ing firm holders and the practical com pletion of ginning In spite of these the market acted quite nervous meeting local bear pressure and realizing on a scale up and after advancing to net gain of 206D21 points reacted under aggressive sell ing for local account. Prices yielded very slowly, however, and the closing tone was steady within 6Q1S points of the top of the active months. Southern spot markets were unchanged to ls higher.
 Receipts at the ports today 19,S10 bales, against l,207 last week and 27.7S6 last year. For the week estimated 150000 bales, against 215.7S9 last week, and 100000 last year. Todays receipts at New Or leans 7257, against 16,SO2 last year, and at Houston 37s1 bales against 3566 last year.
 Futures opened firm and closed steady.
 k....
The Birmingham age-herald., 1906-01-05
New York Cotton Futures.
Daily Cotton Movement.

alveston-Steady; middling II 1-16; net receipts 3369; gross receipts 3369; stock 195, ,92S; Great Britain 11,S92 continent IT, 176; coastwise 7456.
 New Orleans-Very steady: middling II 11-16; net receipts 7256 gross receipts 7256; sales 7750 stock 350,951.
 Mobile-Firm middling 111a; net receipts 112 gross receipts 112; sales 750; stock 45,- 74S coastwise 100.
 avannah-Steady; middllng Il 7-l6; net receipts 5l10; gross receipts 5110; sales 500 stock 130, ,659; continent 7259; coastwise STA
 Charleston-Firm middling 11A; net re ceipts 323; gross receipts 323; stock 46, 157. Wilmington-Steady; mddling 11A net receipts 1sS; gross receipts 1Ss; stock 1So9S-
 Norfolk-Firm; middlng 111h; net re- cepts 2240; gross receipts 2240; sales 139; stock 6O 753; coastwise 4649.
 Baltimore-Nominal; middling 112l; gross receipts 775; stock 17,11S.
 New York-Quiet; middling II .95; gross receipts 4164; stock 227166; Great Britain 731.
 Boston-Quiet; middling Il .95; net re- cepts 922 gross receipts 7105; Great Brit ain 336S
 alphabetically; middling 12.20 net receipts 25; gross receipts S95; stock 3224
 Jaeksonville-Net receipts 235; gross re- ceipts 235; coastwise 235.
 Miscellaneous-Net receipts 30 gross re- cepts 30. Total today at all ports: Net 19.S10; Great Britain 15,991; continent 24, 4s5; stock | l. JOS, ,246.
 Consolidated at all ports: Net 114,039; Great Britain 63344; France I2,000 conti- nent 53,556; Japan 322.
 Total since September l. at all ports; Net 5,167 4S1; Great Britain 1,627, ,772; France 4S1197; continent 1,347s16; Japan 32, ,235; Mexico 964
The Birmingham age-herald., 1906-01-05

outside demand which has developed Tor stocks. There are growing doubts as well of the extent to which relaxation in the money market is likely to proceed. The retention of funds at this center Is be- 1ieved to depend largely on the main tenance of attractive interest rates. The strong demand for money Is seen to be common at present all over the world. Only high grade commercial paper sells as low as per cent in New York S mar let and loans on time for the shorter pe- riods continue to command co1siderable premium.
 In foreign markets as the release of accumulated funds proceeds through the annual settlements, 1t becomes manifest that much loss will be sustained for mu- tual protection against demands from one another. 3eriole account evidently. is taken for the coming conference on Mo- rocco and the reports of extensive mill tary precautions induces some pause in speculation to see the outcome more clearly. Paris seems determined to main tain it's unusually high leyell bank re- serves, and the Bank of England Is re- ported to be preparaing 10 borrow money from the open market with the purpose ow keeping up the interest rate as pro tection against outside demands. Very large repairments of call loans were re- ported as being made on the stock ex- change today, and this bad q natural eff feet on easing the rates of this depart nlent The rates for time loans were in clned to advance, even up to the second month period, showing some shifting of call loans in borrowing on time. The he's itation reflected in the narrow fluctua- tions of the day gave way to the acute weakness of the close only after the appearance of the report of MT. Schiff' S speech.
 Bonds were irregular. Total sales par value, $2.07O,00O United States old As coupon, declined 19 per cent on call.
The Birmingham age-herald., 1906-01-05
AberorombIe G Co.'S Market Letter.

Abercrombie & Co.'s Market Letter'
 Market advanced about q points today, March selling high as .o5 against ll.sl at the close of yesterday. The improve ment was due to a better demand for spot cotton at Liverpool and In America, sales in the English market amounting to lZeVV bales al prices hlghefAhy 2 points than yesterday Niddling, 6.2ld II Is evident that the much smaller movement to mar ket than looked for is making deep im- pression upon spinners, who have been listening of late to increased crop esti- mates issued in the interest of lower prices and at a time when arrivals at the ports were actually diminishing. One of our Liverpool correspondents cabled us today: Present movement not speeu- lative. but legitimate trade. There is a large short interest which will tend to sustain the market. There is good trade demand and manufacturers are making money. Speculators chiefly short. Moscow mills are nearly all working again" Another cable read: Revival of confidence in the far east. Trade reviving in Russia The continent Is beginning to buy heavily" Such cable adviees have not been received for a long while, and they may be the forerunner of reports of increased business to follow Such developments have a bearing upon the worlds visible supply which is drawn upon by all the mills in existence, and in this connection does the invisible sup ply in the south become a factor Avail able is but slightly larger than holdings of one year ago, while the amount to come forward Is probably more than D. 900 in the way of a deficit when com pared with amount marketed after this date last year.
The Birmingham age-herald., 1906-01-05
SCHIFF CAUSES
 DROP IN STOCKS Predicts Panic Unless Some
 thing is Done VIOLENT SLUMPS NOTED Previous to the Appearance of His Pre-
Previous to the Appearance of His Pre-. dIetIon the Market Has Fallen Into Condition of Dullness
 and Almost Neglect.

New York. January 4.-Jaeob Sehiff. head of the influential banking firm of Kuhn, Loeb & Co.,. sent tremor through thes speculative fabric of the stock mar ket today by his utterance of the opinion that unless something was done to in- prove the currency system of this coun- try there would be panic compared with which all panics which have gone before would seem as childs play. The sensational terms of this utteranee and the bulletin form in which it first cana te the stock market preclptated heavy liquidation which broke prices with some violence and caused a weak and disorderly closing The violent slump in Anaeonda and Amalgamated copper were of special influence in unsettling sentiment.
 Previous to the appearance of the re- port of Mir schiffs remarks the market had fallen into condition of dullness and almost of neglect. The distinct prog ress toward relaxation from the money stringency awakened little response in the speculation. The volume of transac- bons fell to the smallest total in many weeks past Some part of this undoubtedly was due to the fact of interruptions of wire communications with outside cities by the storm damage, especially to the south and west Some of the centers which contributed in large share to the recent speculative campaign were thus cut off from communication with the spot market. Stock exchange commission houses are feeling the effect of diseoh- tent amongst customers more porten- tious than has been known for many years over the interest rate charges in December. There can. be no doubt that there have been extensive withdrawals of speculative accounts during this week by speculators disgusted with. the Deeem- Der interest rates
 Disappointment is felt also over small
The Birmingham age-herald., 1906-01-05
Meat Market.

New York, January 4-11n lower at e162 los for spot and at G163 5s for futures in London. Easier locally at $39. .95Q36 .1215.
 Copper lower in London; spot f79 15s; futures 879 los. Unchanged here Lake and electrolytic SIS. .75Qp19.0O; casting $1S.- 371aQ1S. STA.
 Lead unchanged at $5. .6OQ6.00 in the lo- cal market. The English market was a shade higher at e17 12s Sd.
 Spelter unchanged at e29 Is Sd in Lon don, and at $6 509e. 80 in New York.
 Iron lower abroad with standard foun- dry at 53s Cd, and Cleveland warrants at 54s 75Rd in the English market Un- changed locally. No. 1 foundry northern SIS 75@19. 35; No. foundry northern SIS .5C q1S.S5; No. foundry southern SIS. 5O@1S. 75i No. foundry southern SIS .0Oq1S. 25.
The Birmingham age-herald., 1906-01-05
Fruits and Produce.

Lemons-Per box, extra fancy, $OO. Florida oranges, S2.50. tangerines, $3O00I400. grape fruit s350940O. Apples-Northern grown, per barrel fancy, s5. .00M6.00.
 Tomatoes-Per crate, s2 OOQ2 50. I.imes-Per 100. $1 9.
 Bananas-Per bunch. Fancy stock. s1Ot CLIO bunch.
 Peanuts-FaHey. per pound 6c; No. g 5GI5Dsc.
 Tomatoes-Per crate. 2 50. Cranberres-Per crate, 50. Celery-Per dozen, Toe.
 Cabbage-2c per pound.
 Potatoes-Irish potatoes, s5cqSlOO. Turkeys. dressed, 20c; on foot. 14G15c Eggs-Per dozen, cold storage. 22d24c fresh 24Q25c.
 Hens-30M35e: chickens, large, 20q25c; medium, 18Q20c.
 Butter Fresh, 1sd2Oc; renovated. 2sc; creamery, 32c.
The Birmingham age-herald., 1906-01-05

Cash quotations were as follows: Flour-Dully, prices easy.
 Nheat-No. 2 spring, S5dS7c; No g. S26lS5c No. 2 red, S90I90c.
 Corn-No. ?. 42Ac; No. 2 yellow, 421ac Oats-No. ? spring. 31Ac; No. white, S3M33%c No. 3 white, 32Q3214c. Rye-No. ?, 65lad67c.
 Flax Seed-No. 1, $1.06; No. 1 north western, $1.13.
 Mess Pork-Per barrel, s13eS1kQ1S7O Lard-Per 100 pounds, S745.
 Short Ribs Sldes-Loose, $7.1597.30. Short Clear Sldes-Boxed, $7.50G7.621s. Whisky-Basis of High Wines, $l.S0. CIover-Contract Grade, $13I5Q1325. On the Produce Exchange today the butter market was firm; creamery, 17q 251sc; dairy. 17Q22c.
 Eggs-Steady, 1S@2Sc; hrsts, 22c; prime frsts, 25; extras, 27c.
 Cheese-Steady, 1111@13c.
The Birmingham age-herald., 1906-01-05
Gilbert & cIay's Market Letter.

The Liverpool market acted as if the opinion obtained that the decline had gone far enough and when confronted by the improvised situation in Russia and continued bullish trade statistics buying became general with Alexander taking a prominent part. Spots points up with sales of 1900 bales
 Spot dealers were not emptyhanded as far as orders were concerned and were willing to take both the actual staple and contracts.
 Opening prices showed a good advance and after some hesitation the gain was added to until about 25 points improve ment was temporarily recorded. Later information of a bearish character, pur- porting to come from insiders connected with the National Ginners' association in- duced selling, and in a measure the loss of part of the advance was attributed to this rumor
 The excellent spot business and the small movement were the days stimulat- ing factors. Port receipts for the week are only 11400O bales, against 163,0O0 last year and 197OOO year before last
 The improvement of the last two days must be regarded as discounting bullish census report. The concensus of opinion places same around nine million, seven hundred thousand. We see no reason to change our views in regard to the final outcome. but would advise acquiring con tracts only on easy periods.
The Birmingham age-herald., 1906-01-05
Naval Stores,


 Wilmington. N. C.. January 4-splrits turpentine 64$c. Rosin firm, $3 50; receipts 145. Tar firm, $1.s0; receipts 134 Crude turpentne firm, s2.so04.50 and 4.5O; re- ceipts A
 New Orleans, January 4.--Naval stores steady Pitch $2.25 pine tar $4.75 coal tar $3 50. Rosln: A, B, c, s3.45; D, s3.50; E, s3.55; r. s3.5711: G. s3.6O H, s365; I, s3s5; K, s4.45: M, s4. 90; N. $4 45 window glass s5.7o; water white S5.s5. Turpentine firm 65c.
 Charleston, January 4.-Turpentine and rosin nothing doing.
 Savannah, January 4-Turpentine noth- ing doing. 6sc 0ast sales January B; receipts 15s: shipments 55. Rosin, sales 24S5; receipts BITS; shipments 242. Quote; A. B. C, s 40; b. $3. 40; r, $9.5O: F. $3. 521a G, $355; H. s360; l. $3.S0; K. s445; M, s495: N. s5.45 window glass s5.7O; water white s5 95
The Birmingham age-herald., 1906-01-05
Liverpool Cotton Market.

Liverpool. January 4.-Spot cotton in fair demand; American mddling fair 6l3; good middling, 639; mddling, G.A; low middling, 605; good ordinary, 5S7; ordinary. 5.1.
 The sales of the day were 1900 bales, of which 1000 were for speculation and ex- port and included 1O.9O0 American. Re- ceipts, l7100 bales, all American.
 Futures opened barely steady and clos cd firm: American middling g. o. C.: Jan nary, 6.12; January February, SIP; Feb ruary- March. 615; March-April, 6.19; April-May, 6.22 :May-June, 6.25; June July, 6.26; Juiy-August. 6.27; August September, 6.19, September October, 5.s5:
The Birmingham age-herald., 1906-01-05
Interior Movement.

Houston-Steady; middlng Il 11-16 net receipts 37S1 gross receipts 37Sl ship ments 593S; sales 542; stock 104334
 Augusta-Steady; middling II 11-16; net receipts 599; gross receipts 616; shipments 925; sales Al: stock 91,556.
 Memphls-Qulet; middling IFS; net re- ceipts 2014; gross receipts 3337; shipments 1323 sales 3250; stock .45O.
 St. Louis-Quet; middling IFS; net re- ceipts SoO gross receipts 227O; shipments 1672; stock 3s,S07.
 Louisvile-Firm; middllng 11A.
 Total today: Net receipts S217; gross re- ceipts 11,027; shipments 10,S5f; sales 42O6. stock 290,200
The Birmingham age-herald., 1906-01-05
Loveman c co.,s Market Letter


 The better spot demand put In it's ap- pearance, both here and at Liverpool to- day. The English market reported sales of 12,OO0 bales of spot at an advance of 10 points, while the total sales in our market were 7450 bales at an advance of Dse on all grades, The course of futures in both markets reflected the strength of the spots, Liverpool closing firm at an advance of to 10 points while our mar ket, at the close, was steady at net gain for the day of Il to II points. Spin ners were forced to show their hand to- day, revealing the fact that the mills have not yet laid up sufficient stocks to carry them through season which prom ises fair to equal last year in the matter of consumption. A prominent Liverpool spot house cabled that the consumption would be even greater than last year Should this prove to be the case, a crop of even Il 100000 bales would be none too large and some of today's buying was predicted more upon the prospect of an exceedingly large consumption than upon the out look for a comparatively small crop. The national glnners' figures will be issued tomorrow night. and owing to the peculiar manner in which this report is always given to the public the mar ket tomorrow Is apt to be disturbed by all sorts of rumors regarding the tenor of the report. Some operators today were said to be in possession of advance infor- nation evidently considered bearish, as there was no other reasonable explana- tion of the easiness shown by the mar ket during the early afternoon session, after March had sold as high as 12.05. The steadier feeling before the close was due l to the fact that larger spot sales than 1 expected were officially reported.
The Birmingham age-herald., 1906-01-05
Coffee Market.

New York. January 4.-Coffee, spot Rio quiet, mild firm; Cordova 9a12s4.
 The market for coffee futures opened steady at unchanged prices to decline of points in sympathy with European cables, which did not respond to the local gains of the previous gains. There was some scattered liquidation or realizing during the middle session and prices at one time were about 5a10 points lower but the market rallied and closed steady net unchanged to points lower. sales 4, 750 bags. January 6.60; February 6.65 March 6. 75d6. 80; May 6.soas. .95; July 7.o0 September 7.1Od7 l5; December .25d7 3O
The Birmingham age-herald., 1906-01-05
Local Staple Groceries.

Sugar-Granulated. Dc. Y. C., 1-4o. Flour-Fancy patent, $5.25; standard patent, $5; straight, S450.
 Coffee-Green. 11@13c; Arbuckle's Porto Rico. $15,05.
 Meat-Dry salted ribs. Sc; dry salted rib bellies, sIac; extra clear, 7s4c; hams, fancy, 13c medum 12hc: becon bellies 111ac; California hams, 9%c.
 Lard-Leaf, 8 i-4c. Compound lard 6Ae.
 Molasses-Centrifugal 15@95c; sugar house, 4Oc; Georgia cane, 34c.
 Beans-Navy s2.25 per bushel; hand picked Lima, 7c.
 Grits-92 pounds, sl65.
 Meal, $i.15.
 Birmingham macaroni. 6izc.
The Birmingham age-herald., 1906-01-05
Live Stock Market.

Chicago January 4.-Cattle Receipts $500; 1Oc higher. Common to prime steers 8. .25Q4.25; cows g 90a4.4O; heifers s2.25 @5.O0; bulls $2 OOGp4 10: calves s2.5Oq6.5O; stockers and feeders g. 40q4.25. - Hogs-Receipts 26.000: 10c higher Choice to prime heavy 80. 25Gp5 .35 medium to good heavy S5. .20Qo 80; butchers weights $5.25@ 5.35; good to choice heavy mixed s5.200 5.25; packing 8 5.0oq5. 20.
 Sheep-Receipts HOO; best strong, others weak Sheep s4.5Od6. co; yearlings s6.O0@ 6.S5; lambs S7. .25tQ7. 80.
The Birmingham age-herald., 1906-01-05
Bonds.
Money on Call.

New York. January 4.-Money on call firm. S@25 per cent; ruling rate, 15@16; closing bid, g. offered at 8; time loans firm; sixty and ninety days, 61a47 per cent; six months, 6. Prime mercantile paper, per cent; sterling exchange steady with actual business in bankers bills at 4S5 .40@485.4 45 for demand and at 4s2. .O5d4S2 10 for sixty day bills; posted rates, 4s3d4SS1a and 4s61aQ4s7: commercial bills, 4S1sl; bar silver GAIA; Mexican dol lars. 491a. Government bonds heaVyS railroad bonds, irregular
The Birmingham age-herald., 1906-01-05
Mrs. winsIow's Soothing Syrup.

The best remedy for DIARRHOEA. Sold by druggists in every part of the world. Be sure and ask for Mrs Winslow' s Soothing Syrup" and take no other kind. Has been used for over FIFTY YEARS by MILLIONS OF MOTHERS for their PERFECT SUCCESS. IL SOOTHS the CHILD. SOFTENS the GUMS, ALLAYS all PAIN. CURES WIND COLIC. and is twenty-five cents a bottle.
The Birmingham age-herald., 1906-01-05
THE LOCAL MARKETS

The local cotton market advanced bc yesterday. Good middling was selling at 11ssc. Only few bales were offered.
 The clipping of coupons caused a few points decline in the quotations of stocks and bonds yesterday. Birmingham Rail- way Light and Power company's pre- ferred dropping from no to 1O5. Class c renewals Alabama state bonds are held at 104.
 The local produce and grocery markets are firm with trade picking up since the first of the week.
The Birmingham age-herald., 1906-01-05
New Orleans Cotton Market.

New Orleans, January 4.--Cotton active firm and higher; sales 7450 bales. nclud- ing 3050 to arrive and 200 f. O. b.; deliy- cred on contracts, 300; quotations, b up; middlng, II 7-16c.
 Futures. influenced by an active spot demand both here and in Liverpool open ed F to 16 points higher than last even ing's closing. By noon prices had im- proved to points. Additional cover ings by longs caused a decline which carried the market down to about the opening level The closing was steady with net gains of II to IA points.
The Birmingham age-herald., 1906-01-05
Cotton Seed Oil.

New Orleans, January 4.-cotton seed oil steady; prime refined in barrels 31c; prime crude loose 2524c.
 Memphis, January 4.-Cotton seed oil steady and unchanged.
 New York January 4-Cotton seed oil firm; prime yellow 31%@32c; petroleum steady; rosin quiet; strained common to good 8 .65a3.70; turpentine quiet 671a@6Sc
The Birmingham age-herald., 1906-01-05

New York. January 4.-Bnsing in the dry goods market today was largely con fined 10 nearby requirements The move ment for the new year has hardly gained any momentum. Jobbers reported slight improvement from nearby trade, but Jew were willing to take contracts Tor any extended period
The Birmingham age-herald., 1906-01-05
Say! You, Get the habit: Use Ambrosia Flour
TO MERCHAN rS.

Effective Wednesday, Nov. 18th, lO:25 a. m. Bessemer freight train will go to Bes- semer via south Bessemer line and retura via North Bessemer line.
 Birmingham Railway, Light
 & Power Company
The Birmingham age-herald., 1906-01-05
Feed Stuff.

Corn-No. 3 mixed or white. or bushel sacks, 65e.
 Oats-No. mixed, 40c; No white, 42c; white clip. 44c.
 Pure wheat brand, 80 or 100, $24. Cotton seed feed meal. S24; prime, s26. Corn chops, S1.15.
 Corn hearts, $110.
 Shorts, 100 pounds, s2A.
 Hulls, sack. 30@35c.
 Hay-Choice timothy, SlS.0o; No. 1 timo- thy %650; Johnson grass, Sl2; clover, Sl5.
The Birmingham age-herald., 1906-01-05
New Orleans Cotton Futures.

New Orleans. January 4.-Cotton very steady; sales. 7450 ordinary. g; good or dinary, 10 3-16c; low middling, Il 1-16c; middling Ii 7-16c; good middling, 12 1-l6c; middling fair. 12ssc; receipts. 7256 stock 350 q51
The Birmingham age-herald., 1906-01-05

GOLD MINING COMPANY offer interest Ihs he onl known the Heselne group nonassable In treasury orgnay WU whic al deveo the
 
  offered be O
  the officers
  of
  on of n Is the A Agoodm little advertising As of a prospects, claim IN INVERSE sando National
The Birmingham age-herald., 1906-01-05
ClearIno and Exchanae.

New Orleans, January 4.-Clearings, S4,- f93. .264; balances, $6S. .11S New York Ex- change bank s1 premium; commercial 75c discount
 Memphis, January 4.-clearings, s1242,- AT; balances, S317,09i.
The Birmingham age-herald., 1906-01-05
Treasury Statement.

Washington, January 4.-Today's treas ury balances, exclusive of the gold re- serve shows available cash balance $140,- 236, ,523; gold sS6l0O,6S5
The Birmingham age-herald., 1906-01-05

Depositors in our savings departpment are requested to present their pass books for the purpose of having January interest entered thereon.
 First National Bank of Bir- mlngha n.
The Birmingham age-herald., 1906-01-05
Chicago Change,

Chicago, January 4.-Fresh reports of detailed harvesting operations in Argen- tina by wet weather made with other factors less influential bullish wheat
The Birmingham age-herald., 1906-01-05

i market here today. At the close wheat
 for May delivery was up M@hc. Corn showed gain of 1z@3sc. Oats were prac- tically unchanged and provisions were 71ad171kc higher.
 The leading futures ranged as follows:
The Birmingham age-herald., 1906-01-05
seaboard Air Line,

Baltimore. Md, January 4.-Seaboard Air Line, common, not quoted; preferred o6 asked.
The Birmingham age-herald., 1906-01-05
Hides and Wool.

c. S. hides, 10I2Mllc. Dry flint hides, No. 1, 19c. Dry flint hides, No. l. 1Sc. Dry salt hides, 70. 1, 17c Dry salt hides, No. 2, 15Ml6c Clear washed wool, 3s44Oc. Unwashed wool, 27n29c. Sheep skins. 25Q27c. Tallow, 4m4H2e.
The Birmingham age-herald., 1906-01-05

When it prints good. 1t is a good cut The GawF Engraving cn U
The Birmingham age-herald., 1906-01-05
Dry Goods.

oetober-November 5Ss; November-De- cember, 5S5.