davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1906-02-16
elhert c cIay,a Market Letter.

The hesitancy which the foreign mar ket displayed in failing to meet in full the advance of the American ring was somewhat disappointing when recent re- sponses of that market are taken into consideration. But the steadiness of the spot situation is more assuring sales 10- GOO bales, at advanced prices, while yes terday's sales were augmented 1000 bales; total, 11,000 Cables more or less, un- favorable.
 New York market was of a better nature the opinion being prevalent that higher prices would ensue. as during the morning a buying power developed. gen erally attributed to Wall street interest and Liverpool support.
 New Orleans prices were a little off on the opening, but the undertone dur ing the day was very steady and decided disinclnation to sell was doubtless due to the better situation in spots. Today, however. there Is but little to chron- icle in this department as choice lots seems to have been taken in last day or so, leaving tables bare of high class grades.
 The opinion is general that part if not all the large spot transactions re- gently reported were for prompt ship ment. This, If true confirms in a de- gree the idea that has been entertained that exporters have committed themselves to some heavy deliveries.
 Any foreeastlng of the future course of the market under existing price levels becomes necessarily difficult, while the antipathy of outside speculation is ap- parent. The market appears to be rum ming on it's merits and it cannot be denied but that there is a very much better feeling in evidence, but support Is merely spasmodical and lacks back bone Even though the movement Is heavy there is nothing to justify lower levels than at present unless it be that unusually favorable reports as to prepa- ration of the new crop will have a senti- mental effect, but there still remains six months in which the spinner must pro- vide for his spindles
 Scalping conditions are at times at tractive and this policy will no doubt prove profitable when conservatively in dulged in.
The Birmingham age-herald., 1906-02-16
New York Cotton Futures
Daily Cotton Movement.

c,alveston-Firm; middlng 1oHs; net re- eeipts 1885 gross receipts 1885; sales les' ' stock 174 46l: continent 140O; coastwise 4Oo.
 New Orleans-Quiet; middling lo l-io' net receipts 3726; gross receipts All; saies 325O; stock 336, ,1S9; continent 400
 Mobile-Quiet; nhddling 1oss; net re ceipts 50S gross receipts 50o; sales loV' stock g., ,322; coastwise PA.
 avannah-Steady middling 10 1-l6' net receipts 1205; gross receipts l2Oo; sales 1275; stock 72, 1885; coastwise 452.
 Charleston-F1rm; middling 1oI2; net re- ceipts 633 gross receipts 6o5i stock S4,- 19O; coastwise 150
 imington-Nominal; net receipts S3' gross receipts s3; stock 1858.
 Norfolk-Quiet; middling II; net receipts 1226 gross receipts 1226; sales 90; stock 5 TIT. Great Britain 5i4; coastwise BY.
 Baltimore-Nominal middling II; gross receipts 800; stock l2772.
 New York-Steady; mddling 11.25; gross receipts 400; sales 1lO; stock 1sS's36; eonti- nent 14S.
 Boston-Quiet; middling l1.25; net re- ceipts 104; gross receipts HAS; Great Britain s09.
 iladelphia-Steady; middlng 11.50; net receipts 50; gross receipts 3OS; stock 3259
 Total today at all ports, net 5,430; Great Britain 1928; continent 624S; stock 904,9l2. Consolidated, at all ports, net 109,0lS; Great Britain 46, 6,663 France 30; conti- nent 31 O65; Mexico 200.
 Total since September l, at all ports, net 5977, ,454; Great Britain 2,020130 France 551, ,632; continent 1,462; Japan 5S,O47; Mexico 2O,104.
The Birmingham age-herald., 1906-02-16
Lovsman Q Co.'S Market Letter.

The market today succeeded in holding it's own after huetuating points below and above last nights close. Although Liverpool was not over half encouraging there was good buying hy parties who fore the day was out When they dls- covered however the New Orleans be came a good seller as soon as a coll siderable advance was established. they quickly sold out and for the greater part Of the day the market hung listless a f about points under last night. Lit tie by little rumor circulated that strong people from the stock market flushed with their successful campaign, and fortified with big profits were turn ing their attention to cotton. 1t was even stated on some show of authority that one of the leaders in the streets industry had directly or through others began to accumulate a line of long cot ton and bought a considerable quan- tity yesterday ana this morning. This was not to the liking of shorts who be- gan to cover and thus lifted prices about Il points from the low level from which they drifted back to last nights figures.
 There were rumors early that some con- siderable long liquidation remained to be completed before the New Orleans would be healthy and there was also talk that spots were difficult to sell. There seems to have been no truth in either of these rumors which were doubtless based on negotiations for the sale of 9O00 bales Of spots by a New Orleans faetorage house to a big export concern. Liverpool is 1 point higher.
The Birmingham age-herald., 1906-02-16
Liverpool Cotton Market.

Liverpool, February 15.--Spot in fair de- mand. Prices 3 points higher; American middling fair, 6.36; good mddllng, 602: middling, 5.s6 low middling. 57O; good ordinary 5.52; ordinary, 5.36 The sales Of the day were 10000 bales of which 1OOD wer for speculation and export and in- cluded $500 bales of American. Receipts eoO0 bales, including 1000 American.
 Futures opened firm and closed barely steady: American middiing, good ordinary cotton February. 5.72 February March, 5.72; March-April, 5.7i; April May. 5.17: May-June, 5.s0; June-July, 5.S2; July-Au- gust, 5.s3; August-September 5.7s; Sep tcmber- October, 5.63 October November. 55s November December, 5.5S
The Birmingham age-herald., 1906-02-16
.UNUtRTONE WA5
 FAIRLY STEADY Fluctuations in Cotton Were
 Irregular SALES WERE 250,OO0 BALES scalplng Sentiment Continues More Or Less Bearish In the Ab-
 senee of General
 Demand.
SALES WERE 250,O00 BALES

New York. February 15-The cotton r,arket was hardly so active as yesterday and fluctuations were irregular. The un- dertone was fairly steady, however, and the market closed net unchanged to po,nts higher. Sales were estimated at 25C.OOO bales.
 The opening was steady at decline or o05 noints under scattering liquidation Inv vesterdays buyers, which was pro noted by cables about 1 point under eN- nectations and rumors that pool hao been formed of local operators to hammer tba market should 1t advance this morn ing. There was no sign of aggressive seli- ing, however, and prices soon rallied on Il ,.anewal of the early liquidation owing +o +ba relative easiness of New Orleans and renorts of a smaller spot inquiry than was not yesterday. The market easeo oil under this pressure to net loss or V4' noints but rallied again in the afternoon and closed within or points or the top II seems the impression in local clreies that powerful interests are puVlhs on soft and it is said that spot houses nave o,so heen liberal buyers on recent de cl,nes cline scalping sentiment continues more o,. lace hearish. however. in the absence of general demand, and the fact thai re celnts are running ahead of last year :, although the movement so lar Tor tne season is behind the figures or lsoo-4 ,oo
 Receipts at the ports today were 10 io' aoo aoo hales. against 17,93S last week ana lo'oo last year For the week (estimated), lSo'Uo n1 hales against 13s.67O last week and 74,969 last wear. Todays receipts at New or leans were s726 bales, against 2olf iast year and at Houston, 5o49 bales against 2259 last year.
 New York Cotton Futures.
The Birmingham age-herald., 1906-02-16

very easy at this time. Bankers report a ready sale for some of the bond is- sues now offered, but the volume of these new offerings seem to be unabated, and 1t is expected that others are to come Announcements today included $10.OOO, 900 Louisville and Nashville; $5,OO0, GOO Minne- apolis and St. Louis notes; $10,0O0,00O At lantc Coast Line new stock; $1,00O,000 De- troit United States Railway notes, and re- ports not officially confined of an in- tended issue by the Mexican Central of from $20,000, 000 to $30, 100000 The shipment of gold to South America received ad- ditions, bringing the total up to $2,250 0OO Finance bills continued to appear in the exchange market. but the rate of decline in that market was less pronounced than yesterday
 Discounts hardened also in London and in Berlin. The Bank of England's weekly statement showed a decline in the per- centage of reserve to liabilities The in- crease of $2,650000 in bullion was ac- companied by a $5,0000O0 loan expansion. The collection of government revenue. however, which Is expected to run very heavy for some weeks, swelled the gov ernment deposits by upwards of $20O00, = 000 The Bank of France showed a small loss in gold, but considerable loan con traction. The sub-treasury took a small additional sum from the banks Hopeful views were expressed of the probable outcome of the coal conference but the probability that it's conclusion will be de- ferred, made it likely that it's oppressive influence on speculation would be held over the market for some time. The large number of departures from the financial district by wellknown bankers and per sons influential in the financial world for vacations was subject of comment, and was thought likely to indicate A ne riod of less activity in financial affairs to come. The persistent heaviness of the market invited the attack in the final hour which made the closing weak and active, extending sharply the declines which had ruled during the sluggish move ment of most of the day.
 Bonds were heavy. Total sales, par value, $2,750,0O0.
 United States bonds were all unchanged
The Birmingham age-herald., 1906-02-16
SUDDEN CRUMBLE
 IN FINAL DEALINGS Selling Pressure Not Severe
 During the Day MANY BOND OFFERINGS
Sentiment Apprehends That Available Ammunition for an Effective Cam paien In Stocks Has Been
 Largely Expended.

New York, February 15.-The tone of stocks was depressed today without show ing very acute weakness until the sudden crumbling in the final dealings. The linn ited volume of the days aggregate sales indicates that the selling pressure was not severe, but the demand was languid and insufficient to a marked extent.
 Even the special stocks which had been held by the continued mystery regarding alleged important developments expected concerning them were less aggressively sustained today, leaving the market with out their supporting effect. Speculative sentiment was affected by an apprehension that the available ammunition for an ef- fective campaign in stocks was largely expended. The action of yesterdays mar ket on the news of the copper settlement and the Union Pacific dividend were cited as pretty conclusive evidence on that point. The continued stringency in money rates also was regarded as offering an effective check to any animation in the speculation. The rate for call loans did not remain long below per cent and got above that level in the day. In spite of the pressure on this department of the money market, very large demand con- tinued in evidence for time loans for all periods. Five per cent represented the minimum interest rate for periods up to six months, and for the shorter periods that the quarter bid. and that the half asked represented the market It was reported that stock exchange houses were supplying themselves on a very large scale with funds on time to guard against pos sible vagaries in the call loan market Part of this demand Is for renewal of loans made last fall and now maturing February 15 being a date which seems to have been a favorite for the maturity of these loans, owing to the suppositions that money rates would be reasonably
The Birmingham age-herald., 1906-02-16
Ware 6 LeIand's Market Letter.

For some unexplained reason there has been noticeable for two days somewhat different feeling on the floor of the ex- change.
 Whether this is due to the belief that the greater portion of liquidation is over, due to the fact that while receipts are heavy now they will soon compare with an enormous movement last year to the general buying by continental spinners or to the demand for cotton in the south below 101sc. whether to any one or all or these causes the sentiment in the better circles has turned decidedly less bearish. We pointed out yesterday that the market seemed to be in reactionary mood, with the disposition of shorts to cover on any opportunity and this turned prices up so rapidly that the complexion of the market seemed somewhat better than for some time past.
 In fact. it was evident that it would re- ouire very little buying to start shorts covering. which might readily become somewhat extensive. Below l09<c in New York there seems to be a sufficient de- mand for cotton to absorb all offerings.
The Birmingham age-herald., 1906-02-16
Live Stock Market.

Chicago, February 15.-Cattle-Receipts 5000. Market best, 10 cents higher, others steady; common to prime steers, SS. S.6O0 $50; cows. S30O@450; hefers, s2.5005. %; bulls s2OOQ3. 80; calves, s3.OOa6. %; stockers and feeders. $2.506p455.
 Hogs-Receipts. 23, 900; shade lower. Choice to prime heavy. $6.15td6. .221s; me dium to good heavy. ss.1016.20; butcher weights. $615@6 221z; good to choice heavy mixed. $610a620 packers, $5.9O16,20
 Sheep-Receipts, 12'0oo; market 10d15c higher. Sheep sS5066,OO; yearlings, s55O@ 6.50; lambs, $6.40017. 40.
The Birmingham age-herald., 1906-02-16
Southern Railway Co.

Schedule in Effect Februar il, 1906. Trains leave Birmingham follows: GAO d. m-No. 3s. for Atlanta, Washing ton, Baltimore. Philadelphia New York and the East. Pull. man Drawing Room Sleeping Car, Birmingham to New York. Dining car. Birming- ham to Atlanta SEQ a. m.-No. l9, for Monteyalo. Ma plesville. Selma and way sta tions.
 2:25 D. m.-No S5 for Columbus. West Point, Winona, Greenwood and Greenville; also Sheffield ana Florence and North Ala bama points.
 $40 D. m.-No. 15, for Cordova. Oakman. Corona and way stations: also Blossburg.
 b:45 a. m.--No. 22 for Anniston. Hefiin and way stations; also Rome. Ga. 6;5O D. m.-No 36 for Atlanta, Charlotte. Richmond, Washington, New York and the East. Pullman Sleeping Car Birmingham to Richmond, Va. I;05 D. m.-No 24 Annistop. Atlanta and way stations; also for Jack sonville and all Florida points also Talladega, Ala. lO:2O D. m-No. ST, for Columbus. West Point, Winona, Greenwood and Greenville. Pullman Drawing Room Sleeping Car Birmlng- ham to Greenviile 10:25 D. m.--No. 21, for Selma, Mobile and way stations. Pullman Draw ing Loom Sleeping Car Bir- mingham to Mobile. Il 80 D. m.-No. 9S, for Atlanta, Anniston and way stations Pullman Sleeping Car Birmingham to Atlanta. Sleeping Car can be occupied at Union station 9;3e D. m.
 For detailed information and sleeping car reservations apply passenger office. Morris Hotel Building. Telephone 30s7 Bell and 617 Peoples.
 J. N. HARRISON. Dist Pass. Agt. R. B. CREAG. Tray. Pass. Agt
The Birmingham age-herald., 1906-02-16
Coffee Market.

New York. February 15.-Soffee-Spot Rio quiet: No. ', invoice, S5-16c; mild steady; Cordova, 9s4@12s4c.
 The market for coffee futures opened steady at an advance of to 10 points on buying which seemed to be for European account and steady French cables. There was selling by local longs, however, and prices gradually eased off under liquida- tion in spite of reported higher firm offers from Brazil light primary receipts and liberal warehouse deliveries. The market closed easy at a net decline of to 10 points. Sales were reported of s7750 bags including March at 6.70@6SO; may at 6.906 TOO; July at 7.10q7.2 20. September at 200 730, December 7.400i7. 55.
The Birmingham age-herald., 1906-02-16
THE LOCAL MARKETS

The inactivity of the Birmingham cotton market for the past week still continues. Yesterday there were practically no re- ceipts of either transit or spot cotton and good middling closed at the same price as on the day before.
 In the produce market brisk trade prevailed in the morning with slight falling off In the afternoon. The market is well stocked with fresh eggs, which are greatly in demand The trade for poultry was somewhat improved over the preceding days. No cold storage eggs are on the market. Oranges, lemons tomatoes and all of the winter green stuffs are in strong demand.
The Birmingham age-herald., 1906-02-16
Interior Movement.

Houston-Steady; mIddlIng lONsi net re- eeipts 5049; gross receipts 5049: shipments 8311; stock 76,110.
 Augusta-Steady; middling 101s; net re- ceipts 1S7; gross receipts 1s7; shipments 12O4; sales 271; stock 79576.
 Memphs-Steady; middling 10Hs; net re- celpts 1901; gross receipts 4126; shipments 3985; sales 2000; stock ,45S.
 St. Louis-Quiet; middlng 10 15-16; net receipts 132; gross receipts 4168; shipments 4O96; sales S9; stock 4S,7s4
 cncinnati-Net receipts 749; gross re- ceipts 749; shipments 267; stock 15,470
 Lousville-Firm; middling He.
 Total today-Net receipts 1918; gross re- ceipts 14,277 shipments 11sl3; sales 23Go 1; stock 33O, ,39S.
The Birmingham age-herald., 1906-02-16
Metal Market.

New York, February 15.-Tlre English market for tin was lower. with spot clos ing at e1G6 los, and futures at R1e0 10s
 Locally 1t was quoted sS6. 40d36.60. Copper closed lower in London at 977 5s for spot and futures at e75 IS: Locally it was un- changed with lake and electrolytic at s17.75G1s.50, and casting at sl7.50d17. 621A. Lead was unchanged in London f15 15s. while prices ranged from $5.35GI545. Spel- ter was higher in London at f25 ITS Cd. Locally unchanged at s605QG.15. Iron was unchanged at 49s for standard foundry and 49s 41sd for Cleveland warrants in the English market. Locally unchanged. No. foundry. northern. s1s.25m19s5; No. ? foundry, northern, si7.75@ls.S5; No. foun-
The Birmingham age-herald., 1906-02-16
Honds.
Money on Call.

New York, February 15.-Money on call steady; highest 5i5 per cent; lowest 8; ruling rate, to Az last loan and clos ing bid, 31s; offered at 1. Time loans, firm; sixty, ninety days, 5Ad5h six months, 5d51l.
 Prime mercantile paper, 4hd5A per cent; sterling exchange heavy, with ac- tual business in bankers bills at 4S6. 50GD 4S655 for demand, and at 4s3.10@4S3 15 for sixty day bills; posted rates, 4S4d4S41s and 4s712@4SS; commercial bills 4S2Aq4s3; bar silver, 661s; Mexican dollars. 51. Gov ernment bonds steady; railroad bonds heavy.
The Birmingham age-herald., 1906-02-16

Cash quotations were as follows: Flour-Easy
 Wheat-No. 2 spring s3aS6c; No. g. s2Ib0D SSc; No. red, s51a0S6Ac
 Corn-No. g. 4oc; No. ? yellow, 4OAc. Oats-No white, s1%c; No. white. 291ac.
 Rye-No. 2, e4c.
 Barley-Good feeding, ssGas1zc; fair to choice malting, 41@4Sc.
 Flax Seed--No. 1, $1.09 No. northwest ern, $1141k.
 Timothy Seed-Prime, $335. Mess Pork-Per barrel, sI5 150I15. .2O Lard-Per 100 pounds. G.756D7. .771h. Short Rids Sides-Loose, $795ds.05. Short Clear Sides-Boxed, sS.371k7850 Whisky-Basis Of High Wines, $l29. Clover-Contract grade, s1400. On the Produce Exchange today the butter market was firm; creamery, TO 27c; dairy 17d24c
 Eggs-Weak, 141zc; firsts. 141Ac prime firsts, 151sc; extras, 17Mc
 Cheese-Steady, 11A 0D13c.
The Birmingham age-herald., 1906-02-16

and it# Influence on market conditions was generally regarded as most salutary. Evidences of irregularities in certain lines were not as apparent as during the last few days. most buyers. however, did not speculate. but confined themselves to actual necessities
The Birmingham age-herald., 1906-02-16
New orleans Cotton Market.

New Orleans. February 15.-Spot cotton in fair demand; sales 306O bales including 800 to arrive and 200 f. O. b. Quotations un- changed; middling 10 11-1Gc.
 Futures opened to 6 points below yes terday's closing. The trading was light with fluctuations but few points from highest to lowest. During the afternoon the early losses were recovered. The mar ket closed quiet and unchanged, net point lower
The Birmingham age-herald., 1906-02-16
cIearinqs and Exchanqe.

Memphis, February 15.-Clearings. $7S1,- 425; balances, $S9,655.
 New Orleans, February 15.-Clearings, s3,92S, 9Os; New York exchange. s1 per 5000 premium; commercial soc per $10O0 dis count.
The Birmingham age-herald., 1906-02-16
Cotton Seed oil,

Memphis, February 15.-Cottonseed oil: Prime crude, 251kc: prime summer vel low. 2S1ac; prime meal, s25.5oQ26OO; prime cake, $25.
 New York, February 15.--Cotton seed oil easy; prime crude f. O. b. mills 429 44ls; do. yellow. 3ld311s, Petroleum. steady. Rosin, firm common to good 8 390@4.05. Turpentine. firm, $711fd72c.
The Birmingham age-herald., 1906-02-16
New Orleans Cotton Futures.

New Orleans, February 15-Spot cotton closed quiet sales 9O50; ordinary, 15-16c good ordinary, 9Ac; low middling, 10lkc; middling, 10 11-16c: good middling, Il 1-16c middling fair. 11asc Receipts 42n; stock 1S9.
The Birmingham age-herald., 1906-02-16
Naval Stores.

Savannah, Ga, February 15.-Turpen-
 tine, firm. 69c; sales, s1S2; receipts, 1sS;
 shipments, 962. Rosin. firm; sales, $l91S;
 receipts 17s7 shipments 292s; stock, 69-
 6S6. Quote: A, B, c, D. s3.55: F, $360;
 $445; K, $5.10; M, s5.35; N, $5.S5; water white, s6.05; window glass, s615 Charleston. s. C.. February 15.-Turpen-
 tine and rosin, nothing doing.
 New Orleans, February 15.--Naval stores
 steady; pitch s2.25: pine tar, s4.75; coal tar, $50 Rosin, per barrel of 280 pounds. A, B, c, D, l., F. c. s3.45; H. 1885, I, $40; K, s5.10; M, s5.35; N, s5.s5; window glass; s6.05; water white, s6.15. Turpen- tine. firm, 671kc.
 Wilmington, N. C.. February 15-spirits turpentine. nothing doing; receipts, 12. Rosin, firm, sl.s0; receipts, l45. Crude turpentine, firm, s2.S0Gl4.50; receipts, 70. Tar firm, s1.so; receipts, 145.
The Birmingham age-herald., 1906-02-16
Treasury Statement.

Washington, February 15--Today's s treasury balances, exclusive of the gold reserve, shows available cash balance $146, 79s, 476; gold, $74,319599.
The Birmingham age-herald., 1906-02-16

Chicago Change.
 Chicago, February 15.-The amount Of trading on the Board of Trade here today was small, partly because of interest shown in vote relative to the proposed increase of the rate in commission charges Sentiment in the pit was bear ish and at the close the price of wheat for May delivery was off HOG Corn and oats were each 14c lower Provisions were 21aq71ac lower.
 The leading futures ranged as follows.
The Birmingham age-herald., 1906-02-16
Dry Goods.

New York. February 15.-In the dry goods market today buying by China was the most conspicuous feature of the trade.
The Birmingham age-herald., 1906-02-16
seaboard Air Line.

| Baltimore, February 15.-Seaboard Air | line, common and preferred nothing do- | ing.
The Birmingham age-herald., 1906-02-16
ooal Stable Groceries.

snqar-Granulated Dc: Y. C.. l-4c. EIour-Fancy patent, s575; standard patent. s5,g5 straight, 5
The Birmingham age-herald., 1906-02-16

CnVn TT. the cold-cure that does the work in hours and will
 not make you sick. Try it.
The Birmingham age-herald., 1906-02-16
Chicago 'Chanue.

dry, southern. at $1S.25d1S. 10; No.,2 foun-
 dry, southern. s17750p1S. p.