davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1908-01-19
SLIGHT SETBACK IN COTTON PRICES Bulge to l2 Gents Is Stopped
 By the Bears
DEMAND IS NOT so GREAT
Buyers of Cotton Are Influenced To Hold. off By the Advance and This Caused Some Recession
 In Future Prices.

New York, January 1S-(Special.) )-The cotton market was very irregular and un. settled throughout the session today and the tips which the bull cliques distributed so freely late yesterday that the general option list would be forced through the basis of F cents today were impossible of realization. Spots are strong in the south. but prices have been raised so high the demand which might have continued oth erWise from spinners, has f1attened out and more attention is being paid to the operators in the option markets pendnr further developments in connection with the progress of the bull movement than the usual routine information on statis tics.
 Factors were offering with more free dom, but buyers were influenced to hold off to some extent by the halt in the up ward course of contract values, and de- clined to move upon the basis of previ- ous asking prices, taking only such lists as were procurable at board figures. In some instances sellers met them readily. but the great bulk of offerings is strongly held, and heavy percentage of stocks is still under price limitations.
 The market opened steady at a decline Of to 3 points and during the first few minutes showed net loss of to 10 points on the active months as a result of disap- pointing cables, realizing and local bear pressure. At the decline there was re- newal of bull support and demand through wire and commission houses m which prices rallied to a net gain of i to points, later ruling irregular around the closing figures of last night. The mar ket closed easy with prices net 10 to IS points lower.
 Receipts at the ports today, 37,040 bales. against 46,794 last week and 4l.53O last year. For the week 225OoO bales against 25S3 322 last week and 299, 155 last year. To- days receipts at New Orleans 1e.5l8 bales against 15,375 last year. and at Houston 7244 bales against 14,S1l last year.
 Spot closed quiet, middling uplands 12 25: middling gulf 12,5O; sales 47S bales.
The Birmingham age-herald., 1908-01-19
Coffee Market.

New York. January 1S.-(Special )-The local market for coffee was steady for both spot and futures, with business, however, moderate. Initial prices at New York were unchanged to points higher and later near months were points net higher and the rest unchanged. Shorts seem to be disposed to cover and this gave strength to the nearby positions Europe was not figuring much in the trading today, although that interest is still disposed to sell distant months es- pecially December.
 The Havre market opened and closed A france higher, with sales of 140O0 bags, and the Hamburg market opened un- changed to A pfennig higher and closed net unchanged at sales of 14,00O bags. The Rio and Santos markets were firm and 5.10 reis higher, with exchange un- |, changed.
 Rio No. ' was quoted today at S-16c
 Closing: January, 565@5 5.90; February, 6.S0@S95; March, 6O0@605; April, 6.05@ 6.10; May 610Q6.15; June, 615@6. 20; July, ,o.2o@625; August, 6.25@6.30; September. 6.S0q6.35; October, 6.35@6. 40; November, 640aS.45; December, 6.45@6.50.
 Total sales 13,635 bags, including 1000 switches
The Birmingham age-herald., 1908-01-19
Live Stock Market.

Chicago January -Cattle-Receipts about 400 market steady. Reeves, $3. .65@ 6.25; cows and heifers, $1. 50Q4.2O; Texans. B 2O@4 calves, s5 5.50@7 80; westerners, $S.75@46O; stockers and feeders, $2. 800 APO.
 Hogs-Receipts about aOOoO; market weak to Dc lower. Lights, $4 415@4. 40; mixed, $4.2Od4.5O; heavies, $4. .2O@4. .5O; pigs, $3. 60q4.20; bulk of sales, $430a4. 45
 Sheep-Receipts about 200O; market steady. Natives, $3. 50Q5 70; westerns. s. 50 d5.70; lambs, $55OQ7 80; westerns, s5 500 7.30.
 Kansas City, January 1S.-Cattle-Re- ceipts 300; market steady. Choice export and dressed beef steers, $5.25Q5. .65; fair to good, S4 4.15Q5.15; western steers, $40 5.25; stockers and feeders, s. .50a4 75; southern steers, s4. .10d4 30; southern cows, s2.s0@4; native cows, $2.5Od4.4O; native heifers, 8. .30014. 60. Receipts for the week, 53,5OO.
 Hogs-Receipts 10000; market lower Tops, $4.45; bulk of sales, $4.15Q4. 40; heavy, s4. .30Q4. .45; packers, A 2O@4. 40; pigs, and lights, $S.75@4.2O. Receipts for the week, 107000.
 Sheep Receipts none; market nominal ly steady. Lambs, $6.25@6.90; ewes and yearlings s4.50@5.60; western yearlings, $5 .75G6. 25; western sheep, $4.25@5. 50; stockers and feeders, s .25@4.50. Receipts for the week, 3S,0O0,
 St. Louis, January attle-Receipts 5000, including 50 Texans; market steady. Native shipping and export steers, $5@ 6.10; dressed beef and butcher steers, $4 .S5@5. 40; stockers and feeders, $3G4. 65; cows and heifers, $3 .25a5 25; canners, s1. 50 d2.4O; calves, s3@7; Texas and Indian steers, 8. .250D5. .25; cows and heifers, $3 .25 @4.75.
 Hogs-Receipts 1000; market 10c lower. Pigs and lights, s3.75@3.s5; packers, s. 4.35; butchers and best heavy, s4.35Q 4.40.
 Sheep-Receipts 300; market steady. Na- tive muttons, s3Q5.25; lambs, 8 50G6. 5o; culls and bucks, $2@S.
The Birmingham age-herald., 1908-01-19

of clearing house banks for the week shows that the banks hold $22, 635, 475 more than the requirements of the 25 per cent reserve rule. This is an increase of S16,- 651, ,425 in the proportienatte cash reserve as compared with last week. The state ment follows:
 Loans, $1,126, ,677, 700; increase, $9, 52S 100. Deposits. s1,0s0, 1SS, 800; increase, $sS, ,537, 50O.
 Circulation, S70,910, 400; decrease, $1,3S4 9o0..
 Legal tenders, $66, ,155, 400; increase, s, S91, 100
 Specie, $229,027, POO; increase, $22, ,294 TOO. Reserve, 295, ,1S2, 500; increase, $26, ,1S5, 800. Reserve required, s272s547. .125; increase, $9, ,634,375.
 Surplus, $22, ,635, ,475; increase, $16, ,551, ,425. Elk U. s. deposits, $40,642, ,250; increase, $16, ,265, ,025.
The Birmingham age-herald., 1908-01-19
Boston Copper Market.

Boston, January 8.-(Specal. 1.-The local copper market shows signs of un- usual strength in sympathy with the higher prices which ruled for Ameri- can stocks in London and also partially through the influence which the high CT prices which ruled in New York had on the local shares. The strength which was developed in the early dealings con- tinued almost without Interruption to the end of the day.
 Balakala was firm at 4. Copper range 65. Calumet and Arizona was weak, losing points on the days transac- tions. North Butte was strong at 54A |, declining to 53 fin the early part of the session,
The Birmingham age-herald., 1908-01-19
Liverpool Cotton Market.

Liverpool January 1s.-Small business done in spot cotton; prices points lower; American middling fair, 710d; good mid ding, 6.74d: middllng, 6.4sd: low middllng,. e.14d; good ordinary. 5.72d; ordinary 5.22d.- The sales of the day were 40O0 bales, of which 400 were for speculation and ex- port and included $500 American; receipts, 260O0 bales, including 25,90O American. Fu- lures opened steady and closed barely steady. American middling. good ordinary clause: January, 604d: January-Febru- ary 6.04d; February March. 6.04d; March April. 6O41gd; .April-May, 6.041sd; May June, 604d; June-July, 6.021sd; July-Au- gust. 5 99d; August-Septembe 5.SSd; Sep tember-O October, 5.74d; October-November 5.64d; November December, 5.6112d.
The Birmingham age-herald., 1908-01-19
Manchester Cloth Market.

Manchester. January 1s.-During the week there was rather a better inquiry in the cloth market but this failed to materialize and business again was of small dimensions. The foreign markets appear to be so well supplied with piece goods that merchants decline to purchase except for immediate wants, while on the other hand there was a sharp rise in cotton which made manufacturers ad- here to previous quotations. Yarns ex- perienced a barely average turn over, the higher cotton prices restricting business. American cops sold fairly towards the end of the week and quotations were nominally one-eighth to a quarter dearer.
The Birmingham age-herald., 1908-01-19
M etal Market.

New York, January 1S-The metal mar kets were genuerally quiet, prices were more or less nominal in the absence of important business. Tin reported easy at $27. .O0d27 50
 Copper was quiet with Lake quotted at Sl3.75@140o; electrolytic at s13.621aGp lSS71a, and casting at $13 371k@13. .621h
 Lead was quiet at $3.7OQ3.75 and spelter at $445Q4.55.
The Birmingham age-herald., 1908-01-19
Money on Call.

New York, January 1S.-Money on call nominal; time loans, nominal; 50 and 90 days, per cent; six months, per cent.
 Prime mercantile paper 6h to per cent; sterling exchange strong with ac- tual business in bankers bills at 4S6. 65@ 4S6.75 for demand and at 4S2. .756I4S3 for sixty days bills; commercial bills 4S11aQ 4S1&; bar silver, 551s; Mexican dollars, A; government bonds steady; railroad bonds steady.
The Birmingham age-herald., 1908-01-19
London Stock Market.

London. January 1S.--Trading on the stock exchange this week developed a weak tender tone in spite or cheaper money. and the reduction in the Bank of England's rate of discount, and although consols show a fractional gain on the week. quotations in the British section generally closed below the best points touched The weakness was due to pro- fessional profit-taking, disappointment at the non-appearance of public investment as a result of the reduced bank rate and the haste with which new issues are being launched now that money is much easier.
 Foreigners during the week made a good showing. with free Paris support, but Japanese bonds became depressed at the end of the week by bear attacks ow- ing to the budget news and unfavorable report regarding Chinese-J apanese rela- ttons. American shares, in spite of much irreg1larity during the week, closed from 1 to points higher. This was due prin- cipally to Wall street support, which mostly favored Atchson, St. Paul, Louis- vile and Nashville and Norfolk and Vest ern. Various rumors regarding corpora ton prosecutions mad receiverships tenn porarily depressed prices, but today there occurred a sharp upward movement. The market closed quite strong. Canadian Pa cific and Crank Trunk have been the cx- captions to the general improvement and closed lower on the week. Copper shares rose sharply the middle of the week, with the recovery in the rise of the metal, but this improvement disappeared with the re- duction of the Amalgamated dividend. The reduction in the bank rate caused market discounts to weaken to AZ per cent the market confidently anticipating that the bank rate would reach 4 per cent in the near future owing to the in- creasing strength in the bank reserve and the improvement of conditions at the in- ternational money centers.
The Birmingham age-herald., 1908-01-19

Meats. Rib bellieh, SQS%. D. s. clear bellies, S2oq9. D. s. extra short ribs. Sc. D. S. fat backs, 7Sc. Smoked clear bellies, 11912c. Hams-Smoked, 12@131sc; medium. 11c. California. 9Ac Bacon--F ancy, 19c; medium, 16lsc. Iard-Lear. 95sc; compound, 7ssc. Beef. sG71zc. Pork loins. He; spare ribs, &c., Ham butts, 101hc: Boston butts, 1oc. Shoulders, 91sc; fresh hams, 12c. Plucks, Sc; brains. 10c; beef livers. Go. Pork sausage, Sc.
 Local Staple Groceries. (Corrested daily by Franklin, Stiles ant
 Franklin.) Apples-S-pound cans, per dozen, x1.50
The Birmingham age-herald., 1908-01-19
Chicauo 'Chanue.

Chicago January 1S.-Wheat prices on the local exchange declined more than 2 cents today because of free selling by leading holders. At the close May op- tion was off 24@2ss. Corn was 1c lower. Oats were down 5s@%. Provisions were 21sG5 to 10c lower.
 Leading. futures were as follows:
The Birmingham age-herald., 1908-01-19
New Orleans Cotton Market.

New Orleans, January 1S-Spot cotton was steady, with prices unchanged; mid- ding, 12c; sales were 2400 bales on the spot and 1000 to arrive. Futures opened steady, to 12 points below the close Yesterday, which was about as due on the cables. There was a slight rally after the opening, caused by fairly active buy ing. During the day the market was char acterized by rather wide fluctuations, but heavy realizing in New York moderated the hope of any great advance in values. Spots held their own fairly well and fur nished one of the few bullish features of the market. At the close, which was steady, the active months were l to 6 points below the close of yesterday.
The Birmingham age-herald., 1908-01-19
Treasury statement

Washington, January 1S.-Today's state ment of the treasury balances in the general fund, exclusive of the $150,0o0, coo gold reserve, shows: available cash bal ance, s262, ,995. .434; gold coin and bullion, S34966, 412; gold certificates, s45, ,395, ,190.
The Birmingham age-herald., 1908-01-19

nary, 1S-1ec nominal; good ordinary. 1eAe nominal; low middling. 11Ac; middiing, 12c good middling, 12 7-16c; middling fan i. P 15-16c; fair. B 9-16c nominal. Sales, 54oo bales; receipts, 16,516 stock, SOl,S
The Birmingham age-herald., 1908-01-19
Dry Goods.

New York. January 1S.-The dry goods market was quiet today. Revisions of prices are in progress Many large buy CTS are expected in next week. The an- nual meeting of the National Wholesale Dry Goods association will be held and many buyers will attend.
 Print cloth 2S-inch standard, 4isc; do. 2s-inch 64x60 37sc; gray goods, SS1a-neh standard, 3sac; do s9-inch. 6l4c; brown drills, yards. 615c; four-yard 56x60. 5s4e.
The Birmingham age-herald., 1908-01-19
Cotton Seed Oil.

New York, January 1S.-Cotton seed oil easy; prime crude, S1@32c; prime yellow, Ale.
 New Orleans, January 1S.-Cotton seed oil: Prime, 40c.
The Birmingham age-herald., 1908-01-19
THE LOCAL MARKETS.
Local spot cotton held steady at 12' yesterday.

The quietness which has hung over Mor- rs avenue for the past two weeks held it's own yesterday only moderate amount of business being transacted Fruits and produce moved slightly bet ter, as did staples and feedstuffs. Meats enjoyed a fair trade. Prices of the day before prevailed in all lines, not sin gle change being noted.
The Birmingham age-herald., 1908-01-19
Naval Stores.

Savannah. January 1S.-spirits of turpentine, nothing doing. SAC; sales none; receipts, S9S; shipments, PIP. Resin firm; sales, 2739; receipts, 2017; shipments, 1852; stock, 115,7Ss. Quote: A, B, c, $40; D. $40; F, $S.45; F, s35O;G, $3.60; H. $S.60; I, $3.90; K, s4s0; M, s5.65; N, $59o; window glass, s610; water white, $6.30.
 New York. January 1s.-(Special.)- Naval stores: The market for spirits of turpentine was steady with machine made barrels quoted at 57c. At Sa- vannah the market was firm at 54c. Resin was firm common to good strained at s3.50@9.55 Tar was steady and nominal.
 Wilmington, January 1S.-Spirits of turpentine, nothing doing; receipts, ' casks. Resin, nothing doing; receipts 2SO. Tar, nothing doing; receipts, non ,. Crude turpentine firm at s2.25, $S'25 and $3.25; receipts s.
 New Orleans, January 1S-Receipts 155 barrels rosin; 12 barrels turpen- tine: exports, none.
The Birmingham age-herald., 1908-01-19
THE SPECIAL M e S enger SerViC e Puts cut Calendars and AdvertiSinq
 Cards. Lei us figure with your delivery oi small and large packages.
 BOTH PHONES 36 s. Y. HAMPTON, Prop

Big Deal s1so: Payday. s1.S5; Grandpa's Wonder. s3.s5.
 Soda-Arm & Hammer brand 6O-Ib cases, sS Starch-Buk. 4c per pound; cellnlold, g. 50 case.
 Giaseng-Per pound. ss. 5oa45o.
The Birmingham age-herald., 1908-01-19
New Orleans Cotton Futures.
 Open. High. Low. Close

New Orleans, January 1S.-Spot cotton steady: low ordinary. Sc nominal ordl-
The Birmingham age-herald., 1908-01-19

Cash quotations were as, follows: Flour-Quiet and barely steady; winter patents s45O@$490: straights, 4.25q$4. 70 spring patents, $5.5o@$5.75; straights $45O@ S5.10; bakers, $3.356$44O
 Wheat-No. spring. $.10@$111; No. 8, 9S@s1 10; No. red, 97Qs1.O014.
 Corn-No. 2, 59c; No. 2 yellow, 62G621ac. Oats-No 2, BOG; No. white, 491z@52c. Rye-No. 2, 82c.
 Malting-fair to choice, S699Sc. Flax Seed-No. northwestern, $1191k Timothy Seed-Price, $40.
 Clover-Contract grades, s1700 Short Ribs, Sides-Qoose) $6.621a@$6.S .S71a Mess Pork-Per bbl., $12. 75@12S71s Lard-Per 100 lbs, S721s.
 Short Clear Sides (boxed)-$675 75@7N0. Whiskey Basis of high wines, l.35 On the produce exchange today the butter market was steady; creameries 21m30c; dairies, 19@27c.
 Eggs-Easy; at mark cases included 2S @24c; firsts 24c; prime firsts, 25c; extras, 27c.
 Cheese-First, 111sd131sc.
The Birmingham age-herald., 1908-01-19
Imnorts and Exports.

New York, January 17.-Imports of merchandise and dry goods at the port of New York for the week ending Janu- ary Il were valued at $11, ,174,04S
 Imports of specie for the port of New York for the week ending today were $54,- 449 silver and s559.S3S gold.
 Exports of specie from the port of New York for the week ending today were $557, ,O54 silver and $12,O00 gold.
The Birmingham age-herald., 1908-01-19
Fruits and Produce.


 (Corre cted daily by Douglass Bros) Lemons-Per box, extra fancy, s4.50. Cahbage--Virg.aa, 11ac pound; Holland seed, 115c pound; Florida, per crate, g. 50. .Onions-Per pound. 2lsc. Northern Potatoes-Per bushel, 95c. Hens-35c: broiers, 10G20c Eggs-Alabama, Poo: Tennessee. 25c. Brtter-Fresh, 12k4l5c: renovated. roc: creamery, 24c.
 Cheese-Full cream. per pound, 161ac- Nuts-English wanuts 15c per pound: filberts, 12ilc per pound; oceans. 13c per pound; almonds 1sc per pound: mixed nuts: lic per pound; Italian chestnuts, 9c. Raisins-Two crown layers, $2.00; three crown layers, $2 40.
 Dates-Per case. 30 pound case. g. Figs-Layers. crown. s1.10: crown. $1 D per box case. SC pound boxes. s2.So. Peanuts-Fancy, per pound 61ec: choice. 5iaQ6lac.
 Sweet Potatoes-Dooley yams, s1.00 Cocoanuts-$i.0 per 100. Apples. Fancy. $5Q550; choice. s4500s Limes-imported, per 100. $125. Oranges Florida box, s2.50. Benanas-Per bunch. $1.2591. 75- f Malaga Grapes-Per keg. $4. 5045.M Spanish Onons-Per crate. Sl.50. Celery-Caiifornia. doz., S5c; crate, A.W. Rutabagos--11kc per pound. Celery-California doz.. S5e; crate. A Cranberries--Per box. S2.f5. ,rapefruit-BoX,. s4.6c. Tangerines-Double strap, S5. Turkeys-Dressed. 16c to lSc. Turkeys-Livc. lb., 12ql4c. s
The Birmingham age-herald., 1908-01-19
New York Cotton Futures.
Daily Cotton Movement.

Galveston-Firm mddling, 12Ac; net | receipts, 6354; gross receipts 6354: sales. lI5o; stock, 2O4726; exports to Great Brit
 am, 6s2; exports to France, 12713 ex- | ports to the continent 7694 New Orleans-Steady: middIing 12c. net receipts. 16,516; gross receipts, 16,61l; sales, S45o; stock, 3O1.3O7; exports to Great Britain. 15,000 exports to France, 4754; exports to the continent, 1858. Mobile-Steady; middling, 11%c net re- ceipts, 1892; gross receipts, 1892; sales, 150o; stock, 52,965; exports eoastwise, 2sO. Savannah-Quet; middling, 111hc; net receipts, 6766 gross receipts, 6766; sales 2SS2; stock, 121,20S; exports to the conti- nent, 9242; exports coastwise, 257o Charleston-Firm middling, 111sc; net receipts, 343; gross receipts, 343; stock, 201O2; exports eoastwise, 200. Wilmington-Firm; middling, 11ssc; net receipts, 2504; gross receipts, 25o4; stock, S2SS; exports to Great Britain, 1415O Norfolk-Firm; middling, 12Ac; net re- ceipts, 2403; gross receipts, 2403: sales, 544; stock, 35,S61; exports coastwise. 2156. Baltimore-Nominal; middling 11%c; stock, 15,S72.
 New York-Quiet mddling, F 25c; gross receipts, 6o26; sales, AIS; stock 1244S7. Boston-Quiet; middling, 12.25c; net re- ceipts, 112; gross receipts, 6227.
 delphia-Steady; middling. 12.5Oc; net feceiptS, los' sroSs recelptS, 1o9' sloclN, 3150; exports to the continent POO. Brunswick-StocS, S359; exports to Great Britain, 1019S.
 Jacksonville-Net receipts, 311; gross receipts, 311; exports coastwise, 311.
 Total today, at all ports, net-37,0 ,040
 exports to Great Britain S9,9890; exports to France, II, ,467; exports to the conti- nent, 1S4s9: stock, S96,264
 Consolidated. at all ports, net-37,040 exports to Great Britain, 399S0; exports
 to France, 17,467; exports to the conti- nent, 1S,4S9.
 l, Total since September 1. at all ports, net-5751, ,641; exports to Great Britain, 1.951s43; exports to France, 5SS,963; ex- ports to the continent, 1,9596S4; exports to Japan, 103,50S exports to Mexico, 1299
 Houston-Steady; middling, 12lsc; net receipts, 7244 gross receipts 7244; ship ments, 7246; sales, 150; stock, 6S,776
The Birmingham age-herald., 1908-01-19
Interior Movement.

Augusta-Quiet; middling. 1214c; net re- ceipts, TIT; gross receipts, 777 shipments, 596; sales 1464; stock, 59,S02.
 Memphps-Firm: middling, 12Ac; net receipts, 1889; gross receipts, 222S; ship ments, 12s9 sales. 1850; stock, 112,s14.
 St Louis-Steady; middling, 12Ac; net receipts, 4O7; gross receipts, 920; ship ments 1246; stock, 1899.
 Cincinnati-Net receipts, 545; gross re- ceipts, 545; shipments, 294; sales, 500; stock, 12,41S.
 Louisville-Frm; middling, 12Ac; sales, 200.
 Little Rock-Steady; middling, Il 9-16c; net receipts, SOP: gross receipts, SOP; ship ments, 65; stock. 27,29O.
 Total today-Net receipts, 11,664; gross receipts, 12,516; shipments, 10676 sales, 4264; stock 29S729.
The Birmingham age-herald., 1908-01-19
RAILROAD SCHEDULES

Showing the arrival and departure of passenger trains at the pev Terminal Station. Birmingham:
 Effective January D. 19oS.)
 Southeru Rait.uav
The Birmingham age-herald., 1908-01-19

Weekly Bank Statement. New York, January 18.-The statement
The Birmingham age-herald., 1908-01-19
Flour. Meal and Feed Stuffs.

FTouT. Meal anu F ccd Stuna. (Corrected daily by Tennessee Mill Col Flour-Fancy patent, s6.50; Nellie King, s550; second patent, $5.25.
 Meal-Water ground, Tic bu.; 96-lb. bags, S1.55.
 Corr-No. 2 mixed. soc; white. S2c. Oats-No. mixed, 66c; No. white, SIC: white clip. CSC.
 Pure wheat bran, 100 pounds, $1.4. Cotton seed feed meal. s25; prime. y27. Corn chops.s0 pounds SIPS.
 Corn hearts. 100 pounds. s1.50. Shorts-10O- pound sacks, S1.50. Hulls-S0-lb (. S.. SlZ50 ton; I00-lb c. s., sl2.25 tC- Hay-Choiee timothy. $24; No. 1 tiino- thy, S23; Johnson grass. SIG; clover mixed, s22. choice green alfalfa, s25.
The Birmingham age-herald., 1908-01-19
Bonds.

Both United States government and rail- road bonds were steady today.
The Birmingham age-herald., 1908-01-19

Increase of the sale of bonds on the stock market this week was one of the signs of the times most closely watched in investment osa circles. rel The total. some 0OOO00 last week and with s11 ,00O in the last full business week of December
The Birmingham age-herald., 1908-01-19

Bar silver in London today was quoted 1-16d higher at 25s 11-16d per ounce. To- days New York price was 1sc higher at 551hc; Mexican dollars were unchanged at 44@52c.
Blue-grass blade., 1908-01-26
BLUE GRASS BLADE.

a mercilesS manner. Some kinds of
character would not be required even
today had it not been for the existence
OF the orthodox Christian church. All
the character that is or was desirable
or necessary is here, and like human
virtue, not because of Christianity, but
III spite of it.
Countless millions of human lives
have been sacrificed upon the affairs of
faith, and countless millions Of dollars
have been spent to bedeck the hollow
image OF an empty error. This enor-
nous energy and sacrifice has failed
to feed the famished clothe the naked
or shed light across an ignorant world.
All religions are empty and vain.
Man built them imperfectly upon an
insecure foundation, and in the raw
ages OF time they will fall and tumble
upon his own head. In every age re-
hgion has been cultivated for the sole
benefit Of those whose voice is termed
the voice of god and they have invari-
ably made large profits.
Morality had its origin in the natural
diversity of human nature. Religion
was born in ignorant superstitions and
fear. They had no common origin.
They have no relation, the one to the
other, even in the remotest degree.
Morality is a desirable condition. Re-
liglon is living lie.