davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1909-06-19
STOCK MARKET IS
 VERY SLUGGISH Slight Activity At the Start is
 Soon Lost SENTIMENT IS BEARISH
Prices Advance TrIfle In Early ses- sion But Interest Wanes and Late Dealings Show Gains
 Are Lost.

New York, June 18-The contest be- tween opposing forces in the stock mar ket today was quite lively while it lasted but 1t was over in the course of the first hour of trading The forces supporting prices against further fan established control in that time, but having done so seemed disposed to discontinue oper- ations. The midday dealings were almost negligible. so small were they in amount, and so narrow the fluctuations in prices which they caused The prevailing senti- ment amongst the professional clement of the traders was bearish, based on the unsatisfactory action of the market when it rallied yesterday. This element was intimidated from attacking prices by the resistance encountered in the first hours selling, but it argued unfavorably from the extreme dullness of the trading on rallies. The disnclination to follow the advance with buying, which was inferred from this action, did not beget much confidence.
 The list of successive departures from the financial district of persons of in- fiuence in that world is taken as part explanation of the diminished activity
 
 of the heavy selling this week has been in preparation of such departures by closing up of outstanding speculative ac- counts. The opposition to the tactics of the bears which was asserted at the out set today reflected the determination of banking interests to protect the market against raiding and imparted confidence to holders of stocks and some degree as was shown by the cessation of pressure of liquidation. News bearing on values was not important.
 There was a good deal of discussion amongst financiers and their legal ad- visers of the possible scope of the sug- gestions contained in President Taft s special message on the opportunity to extend the governments power to in- vestigate corporation accounts, under the provisions of the proposed law to tax net earnings of corporations. The project is generally considered of far-reaching con- sequence and some observers assert that large amount of selling of stocks has been induced since the message ap- peared.
 The Paris listing project for United States Steel has by no means passed out of the discussion and the course of the French opposition to 1t Is regarded as having broad significance as well as finan- cia1 Import. The British request for the withdrawal of the United States govern ment's request for participation by Amer jean bankers in the Chinese loan Is in line with supposition that the protest against the United States Steel project is In the nature of a retaliation against the American bankers for the Chinese mat ter.
 Opposition of the French industry to some of the schedules of the pending tar fir biI1 is alleged to be motive also.
 
 are indulging in conjectures over what is to become of the United States Steel stock accumulated by French bankers in preparation for the expected listing, and
The Birmingham age-herald., 1909-06-19
COTTON PRICES
 FAIL ID ADVANCE Market Is Highest At Opening
 But Decline Follows SPOT MARKETS BULLlSH News From Liverpool Hints at Trou- bIe Among the Lancashire spin-
 ners and This Cuts Down
 the Advance.
SPOT MARKETS BULLISH

New York, June 1s.-An early advance in the cotton market was followed by a reaction on reports of short time in Lancashire with the market closing steady, net 1c lower to Pc higher
 The opening was steady at an advance of 1 to points. After some little un- certainty which seemed to reflect ten dency on the part of bullishly disposed traders to wait for possible renewal of Wall street-Chicago liquidation prices worked higher on bull support and cov- ering prompted by reports of too much rain In eastern and central sections of the belt. This advance carried the list about to points net higher with near months leading the advance on bullish spot market reports and claims that very little cotton would be rendered on July contracts, but the official forecasts sug gested very favorable weather over the weekend, and following the receipt of private Liverpool cables claiming that the meeting of Lancashire spinners had re- suited in a decision to close down two days a week, beginning with July. the market eased off under liquidation by early buyers and local bear pressure. There was enough buying to steady the market a shade under the closing prices of last night, however, and during the later trading business was quiet with fluctuations very narrow. Southern spot markets were unchanged to 1 1-l6o lower
 Receipts at the ports today, 3S49 bales against 6001 last week, and S293 last year. For the week, 35,000 against 51,322 last week. and 43, ,995 last year. Today's re- eepts at New Orleans, 455, against 726 last year, and at Houston, $50, against 522 last year.
The Birmingham age-herald., 1909-06-19

Galveston-Quiet; middling, 1O1sc; net receipts, 279; gross receipts, 279; stock, 49,223.
 New Orleans - Steady; middling, 1015-16c net receipts, 455; gross re- ceipts, 466; sales, $50; stock, 13s,621.
 Mobile-Nominal; middling, 10 15-16c; net receipts, 612 gross receipts, SIP, stock, 9937.
 Savannah-Quiet; middling, 1oAc, sales, 250; stock, 3o.s6s; exports to the continent, S1S6i coastwise 1870. harleston-Nominal net receipts, 8, gross receipts, 8; stock, 4444; coastwise, 100.
 Wilmington-Quiet; middling, 10hc; stock, 5694; coastwise, 1000 Norfolk-Quiet: middling, lie; net receipts, 420; gross receipts, APO; sales, 56 stock, 11,S94; coastwise, 271. Baltimore-Nominal middling, II 1s c; net receipts. 1926; gross receipts. 1926; stock. 546S; exports to the continent, 200.
 New York-Quiet; middling, 11.40c; gross receipts, 1239 stock, 17S.s10. Boston-Quiet; middling, 11.40c. Philadelphia-Steady middling 11.65c, stock, 400. Brunswick-Net receipts. 114 gross receipts, IA; stock 65; coastwise, 108. newport NeWS-Net recelPts, zSf, gross receipts, 297; coastwise, 297.
 Total today,at all ports: Net, 3S49; exports to the continent, S3S6 stock 434,325.
 Consolidated, at all ports: Net. +40,- 646 exports to Great Britain. 32,990; to France 1O,14s; to the continent, 21,- 599 to Japan, 228.
 Total since September 1. at all ports: Net, *9.742.562; exports to Great Britain. S,366,5S6; to France, 1.000,s63; to the continent, 3.365,751; to Japan, 199, 9,027; to Mexico, 27,S32.
 +-Corrected,
The Birmingham age-herald., 1909-06-19
DOWNWARD TREND
 IN WHEAT MARKET FirmneSs At the Opening is
 Lost Very Quickly NEW WHEAT IS COMING IN Cool Weather Brings About Moderate Firmness nI Corn But Late Prices
 Are off-oats Close Weak
 and Provisions Firm.
NEW WHEAT IS COMING IN

Chicago, June 18.-Wheat prices on the board of trade today resumed their down. ward trend and on final transactions were 1sQ7sc below yesterdays close. Coarse grains also closed weak, but provisions were firm.
 The wheat market was heavy all day and with the exception of the May op- tion all deliveries declined more than 1c from high point of the day. Distant de- hveries displayed a moderate show of firmness at the start owing to fresh re- ports of damage to the wheat crop of that country by drouth, but weather con- ditions in the winter wheat belt of the United States were too favorable for har- vest operations for the market to retain this frmness for any length of time Prompted by the bright outlook for the new crop, shorts began to hammer the market shortly after the opening and con- tinued to sell freely all during the day, which resulted in a steady decline.
 Cash houses reported that offerings Of new wheat in the country were increas- ing daily and that demand for the cash grain here was rather slack. The month ly report of a St. Louis trade Journal was bearish factor declaring that the general condition of the fall sown crop is excellent and that harvesting will be general next week over a large area of the winter wheat belt. Declines at the northwestern grain centers also had a weakening influence. During the day the July delivery sold between $113atQ tQD1 Ia 7s to $1.159s. Prices rallied little from the bottom late in the day on covering by shorts but the close was weak with July at $114M
 Cool weather caused moderate firmness in the corn market at the start, but the favorable outlook for the new crop in- duced general selling early in the day, which continued throughout the entire session and which resulted in sharp de- clines in all deliveries. Extremely bearish advlces were received from the south west, reports from St. Louis and Kan sas City declaring that Kansas and Ne braska would have a record breaking crop according to present outlook Local receipts were larger than had been esti- mated and this also prompted some sell ing.
 The market closed weak, prices off ss to %Q7sc compared with the previous close.
 Oats displayed slight firmness at the opening in sympathy with corn but the market soon became weak on selling brought out by additional reports telling of the favorable outlook for the new crop. Southwestern interests were especially free sellers of the July delivery. At the close prices were AQ%c lower than yes terdays final figures.
 1 Provisions scored fresh gains on gen eral demand based on continued light re- cepts of live hogs throughout the west. The market closed firm with prices un- changed to 15c higher compared with the previous close.
 Leading futures ranged as follows:
The Birmingham age-herald., 1909-06-19
New Orleans Cotton Market.

New Orleans June 1S-Spot cotton steady; middling unchanged. Sales on the spot 800 bales. Middlng, 10 15-16c.
 Futures opened quiet at an advance of 1 to points on favorable cables. After the opening the advance was continued on rather a free covering movement on the part of the shorts who were influenced by the weather map, which showed up dry in the west and wet in the east. jusr the reverse of what was wanted for the growing crop. This buying widened the advance to points, At the time oi highest prices cables from Manchester were received stating that a committee from the Master Spinners' association hal met and voted to recommend short time. This destroyed the advance and brought about a net decline of 1 to points. To- ward the end of the day the tone of the market improved on fresh bull buying and the closing was steady al net ad- vance of 1 to 2 points
The Birmingham age-herald., 1909-06-19
Metal Market,

New York, June 1S.-There was sharp advance in the London tin market with spot closing at a134 5s and futures at s135 15s. Locally the market was firm, but quiet at $29.35Q29.75
 The London copper market was lower again today, spot being quoted at a5S los and futures at e59 Is 3d. The local market was weak but unchanged with lake quoted at $1S.371k01S. .621s; electrolytic at $13Q13.25, and casting at SIP B@13
 Lead was unchanged at a13 Is Sd in London and remained steady at $4.35@4 40 in the local market.
 Spelter was also unchanged In both markets with spot quoted at 921 17s Sd in London and at $5. 371kQ5. 421a locally.
 Iron was unchanged at 4Ss Sd for Cleveland warrants in the English mar ket. Locally the market was steady No l foundry northern is quoted at $16.25017; No. at s16Q1650; No. 1 southern and No. 1 southern soft. s1625@16.5O.
The Birmingham age-herald., 1909-06-19

the prediction Is made that the re-selling of that stock would Involve a renewal of shipments of gold from New York to Paris. Foreign exchange rates show a hardening tendency in spite of the easing of the discounts abroad. The interior continues to ship large sums to New York and another considerable addition to bank ing cash this week Is indicated by the es- inmates. Several large syndicate trans actions of the week have involved the use of banking credits, but heavy borrowing abroad has extended. Another reduc- ton in the London price of copper and the reported renewal of the war on inn port freight rates were unfavorable in- cidents of the day.
 Bonds were irregular. Total sales, par value, s3.201 ,00O.
 United States bonds were unchanged on call.
The Birmingham age-herald., 1909-06-19
Taking of American Cotton.

New Orleans, June 1S-Secretary Hes ter gives the taking of American cotton by spinners throughout the world as follows, in round numbers:
 This week, 213.G00 this year against 16S,- 000 last year, 193,O0O year before last.
 Total since September I. this year f, ,5S7. 000, against 10522,OoO last year, and IT, e1o0G0 the year before
 Of this northern spinners and Canada look 2555,00O bales this year, against 1731, ,000 last year, and 2, ,459000 the year be- fore southern spinners 2.22s.00O against D. 900 last year. and 2,2090O0 the year be- fore; and foreign spnners. 6S04nJ0. against 6,752,0 600 last year, and 6942,000 the year before
The Birmingham age-herald., 1909-06-19
Interior Movement,

Houston-Steady; middling, 10 11-16c net receipts, $50; gross receipts, $50 shipments, 1S23 stock, 31,765.
 Augusta-Steady; middling, He; net receipts, 19; gross receipts, 19; ship ments. 615 sales, 69; stock, 17,97S.
 Memphis-Steady middling, lie; net receipts, 86; gross receipts, 13S; ship, ments, S55; sales HOO; stock, 37,994.
 St. Louis-Steady; middling, 11c gross receipts, IA; shipments, IA stock 2S,157.
 Cincinnati-Net receipts, 399; gross receipts, 399; shipments 3S1; stock, IT, 643
 Louisville-Firm; middling, 11;c; net receipts, 10S; gross receipts, 10s; ship ments, S4; sales, g stock, 7b.
 Little Rock-Quiet; middling, 10hc; net receipts, 2; gross receipts, 9; ship ments, 237; stock, 12,741.
 Total today-Net receipts, 1164; gross receipts, 1130; shipments. 4149; sales, ITS; stock, 146,353.
The Birmingham age-herald., 1909-06-19
Weekly Cotton Statement.

New Orleans June 1S.-Secretary Hes ter's weekly New Orleans cotton exchange statement issued before the close of bus mess today shows a decrease ia the move ment into sight compared with the seven days ending this date last year in round figures of 10000 an increase over the same days year before last of 11,000, and an in- crease over the same time in 1906 of 19 000
 For the IS days of June the totals show decrease under last year of 45,oOO, an in- crease over the same period year before last of 43.o0o, and asl increase over the same time in 1906 of 10000
 For the 291 days of the season that have elapsed the aggregate Is ahead of the 291 days of last year 2,2l3.000, ahead of the same days year before last 65,0O0. and ahead of 1906 2,047 900.
 The amount brought into sight during the past week has been 67,S72 bales, against 7S,142 for the seven days ending this date fast year. 57,01S year before last and 491s5 same time in 1906; and for the IS days of June it has been IT, ,4S6, against 222. .429 last year, 134. 439 year before last and 1S7,1S4 same time In 1906.
 The movement since September shows receipts at all United States ports 9,742,S62, against S,147, 12l last year, 9,713,S10 year be- fore last and 3.31S same time in 1906. Overland across the Mississippi, Ohio and Potomac rivers to northern mills and Canada, 1,175,061. against 745, 423 last year. l1S2T74 year before last and 9oS, ,113 same time in 1906; interior stocks in excess of those held at the close of the commercial year, 105, ,e9s. against Ill, ,633 last year, 101, 74S year before last and 93,965 same time in 1906; southern mills takings, 2,192,00o. against 1,997,873 last year, 2,1Sl,S16 year before last and 2,02S, ,3S1 same time in 1906
 These make the total movement for the 291 days of the season from September 1 to date, 13,215,321, against 11,002,050 last year, l3.15o.14S year before last and 1o,- S,772 same time in 1906.
 Foreign exports for the week have been 63, 65S, against 77,914 last year, making the total thus far for the season S.069,S40 against 7,os7,74S last year. an increase of 9S2.0
 Northern mills takings and Canada dur ing the past seven days show a decrease of 17,743 as compared with the corre- spending period last year, and their total takings since September 1 have increased 824,65S The total takings of American mills, north, south and Canada, thus far for the season have been 4.7s3267 against 3,76e. 706 last year. These include 2,555,2l4 by northern spinners, against 1,73o55e.
 Stocks at the seaboard and the 29 lead ing interior centers have decreased during the week 51,995 bales, against a decrease during the corresponding period last sea son of eS.507 and are now 150,9l7 larger than at this date in 19Os
 Including stocks left over at ports and interior towns from the last crop and the number of bales brought into sight thus far from the new crop, the supply to date is 1349666S, against 11,350o56 for the same period last year.
 Worlds Visible Supply.
The Birmingham age-herald., 1909-06-19
EIour and Feedstufrs.

(Corrected by Tennessee Milling Co.) Best patent flour. per barrel, ST. 50 Bolted satinette meal, per 96-lb. sack s182.
 No, 9 corn, per bushel, 97c. White oats, per busels, 68c. Pure wheat bran, $31.
 Mixed shorts, per ton, $50. Pure wheat shorts, $34
 lO0-lb. c. s. hulls, per ton, S9.50. Feed c. S. meal, per ton, $2S. Prime C. S. meal, per ton, S32. No. l t'1othy hay, per ton, $21. Green l-.lalfa, per ton, $22 8O-lb. corn chops, per sack, $1 .50. Flour in wood 15c higher.
 Fruit and Produce.
 Corrected by Douglass Bros.) Oranges-California, per box, $3.25@ $50; Florida. per box, $S.5oQ4. Lemons-Imported per box, $3.75. Limes-Per hundred, $1. Bananas-Per bunch, $1@1.50. neapples-Florida, per crate, s3. New Irish Potatoes-Per bbl, $4.50. Sweet PotatoessPer bu, S5c. Cabbage-New crop. per crate, $2. Onions-Fancy La. Creole, per lb, Sc; fancy Tex. White Wax, per crate, $1.75. Navy Beans-Per bu. S3. Lima Beans-Per lb, 6c. Tomatoes-Fancy Fla, per crate $2.50. Snap Beans-Per hamper, $1.75. Eggs-Fresh candled, per dog, zoe.
The Birmingham age-herald., 1909-06-19
Livernool Cotton Market.

Liverpool. June 1S.-Cotton spot, moder- ate business done; prices points lower {; American middling fair, 650d; good mid . ding, 614d' middling, 5.96d; low midding. 57Sd; good ordinary, 5.52d; ordinary. 5.17d
 The sales of the day were G000 bales of which 300 were for speculation and export and included 5700 American.
 Receipts 15000 bales including 10,2OO American.
 Futures opened and closed steady. June, June-July, 5.S2d; July-August, 5.S41sd {; August-September, 5.S11ad September-Oc tober, 5.761zd; October November. 576d I: November December, 5.7Sd; December January, 5.75d; January February, Feb ruaryMarch, March-April, April May and May-June. 5.7o1ad.
The Birmingham age-herald., 1909-06-19
Total Cotton Receipts.

New York. June 1S.-Total cotton re- ceipts were as follows: Galveston. 3,555, IA; New Orleans. 2,O47, ,2S9 Mobile, 374 STA; Savannah, 1,4s1 ,695; Charleston, 209 151; Wilmington, 40, 426; Norfolk, 5S4,592 Baltimore. 97,3SS; New York. 1s,72O; Bos- ton, 16,S57; Newport News, 9729; Philadel- phia, 594O: San Francisco S2,094; Bruns- wick S23, 304; Port Townsend, 7S,954; Pen sacola, 155,6 Portland, Ore, 300; Port Arthur and Sabine Pass, 145, 113; Jackson vile, 3OS12; Eagle Pass, 242; El Paso, 1574; Laredo, 3994 Gulfport. 20,221; George town, 25S4 Texas City. 79,75s; minor ports, 6S39; total g. 742 562
The Birmingham age-herald., 1909-06-19
Mems up to SIS suits $9.50. Mems up to $25 suits $14.50. Johnson Harris Clothing Co.,, 221 N. 20th St.

Buy the round trip ticket to Charlottesville for $19.60 sold by Southern Railway and save money on tickets to Washing ton, New York and other east ern points. Two daily trains leaving 9:30 a. m. and 4::25 p. m., with through sleepers and dining cars.
The Birmingham age-herald., 1909-06-19
comparative Cotton Statement.

New York. June 1S.-For the week end ing Friday. June IS: Net receipts at all United States ports during week, 40,- 646; net receipts at all United States ports same week last year, 49,465; total re- ceipts since September 1, 9,742.562: total receipts to same date last year, S,136, ,249
 exports for the week. 64.9e6; exports for same week last year. 82,345; total exports since September l. 7959,559; total exports same date last year. 7o3s. .550; stock at all United States ports, 434.325; stock at all United States ports same time last year, 273, ,0S3; stock at all interior towns. 209, ,442; ; stock at all interior towns same time last year. 20O,514; stock at Liverpool same time
The Birmingham age-herald., 1909-06-19
Coffee Market,

New York, June 18.-The market for coffee futures opened quiet at unchanged prices to a decline Of 15 points, June being relatively weak under little liqui- dation in lhe absence of support
 Business was quiet and while there were no further transactions in June, that position recovered points of its early loss during the day on the appearance Of supporting orders from some of the leading bulls. The tendency appears to be in the direction of a reduction of the near month premiums, otherwise the market shows little feature. The close was quiet. net unchanged to 10 points lower. Sales were reported of 10000 bags, including June and July at 6. 40c; Septem- Der at 5.90c; March at $500; and May at 5.S5e. The French market was net unchanged Spot. quiet: Rio No. ', 77s03sc; Santos No. 4, 9Q9Ac; mild, quiet; Cordova 9%112%c
The Birmingham age-herald., 1909-06-19
Hubbard Bros. 6 Co.'s Letter.

New York. June s.-(Specia1 )-There was a slightly better feeling at the open ing, maintained during the forenoon. but after the recent activity the life of the market seemed spent and the poor crop reports from Mississippi and Arkansas were without more than temporary eff feet. Predictions for good weather were about an offset in the minds of the trade. The dullaess of business brought lower prices, but the decline was not great and the market is steady, waiting develop ments. Reports from Liverpool indicate that the short time movement, while favorably considered, is improbable of re- suit.
The Birmingham age-herald., 1909-06-19
Weekly Interior Towns.

Albany: Receipts, 2; shipments. 3; stock, All.
 Atlanta Middling, 1O4c; receipts, ssS; shipments. 1888; stock 2O26.
 Brenham: Steady; receipts. 12; ship ments, 14: stock. 5S9
 Charlotte: Middling, 11Ac; receipts, 34; shipments, 34.
 Columbia: Receipts. 1872; shipments. 2S72; stock. 16,SOo
 Columbus, Ga.: Quiet; middling. 1O&c; receipts 62 shipments, 675; sales, 675; stock, 643s.
 Columbus. Miss, Receipts. 26; shm- ments, IS; stock 736.
 Dallas Stock, 94.
 Eufaula: Receipts, 1T; shipments, r; stock, 1s2.
 Greenvlle: Receipts, S4 shipments. 7s; stock 40S2.
 Greenwood, S. C.: Receipts, 265; ship ments, 265; stock, 3590.
 Helena: Receipts, 169; shipments, 977; stock, 5644
 Little Rock: Receipts, 2s7; shipments. 2905; stock, 12,7A.
 Macon: Receipts. 26; Shipments. 491; stock, 1641.
 Meridian: Receipts. 169; shipments, s75; stock, 6OS2
 Montgomery: Dull: middling. 1O9sc: re- ceipts, IA; shipments, 312; stock 3941. Nashville: Dull; middling. 1Ohc; re- ceipts, 80; shipments, 200; stock. 556. Natchez: Receipts, 12 shipments. SIP; stock, 4775.
 Newberry: Easy; middling. 107Sc; re- ceipts, 125; shipments, 125.
 Raleigh: Receipts, 157; shipments, 150; stock 22S.
 Rome: Receipts, 54; shipments, 210; stock 4703.
 Selma: Receipts, 14S; shipments. PIP; stock 728.
 Shreveport: Steady; middling, 10 7-16c receipts, 2S97; shipments, 715; stock, 7SA. Vicksburg: Receipts, 12i shipments, So5 stock 6241.
 Yazoo City: Shipments. S6S; stock S121.
The Birmingham age-herald., 1909-06-19
Weekly Cotton Statistics.

Liverpool; June 1S.-F ollowing are the weekly cotton statistics: Total sales. all kinds, 4S000 bales. Total sales, American, 42000. English spinners takings, 72,0o0. Total exports, 5000.
 Imports, all kinds 62,00o. Imports, American, 44000. Stock, all kinds, 1149000. Stock, American, 1,046000. Quantity afloat, all kinds, 94.000. Quantity aioat. American, 64000 Total sales on speculation, 23o0. Total sales to exporters 900.
The Birmingham age-herald., 1909-06-19
Arm Is Crushed.

Guntersville, June 1S-(Special.) )-Today while operating machine in the bas- ket factory at Wyeth City Alex Simms got his right hand caught in the gear ing, his hand and forearm being badly mangled. Surgical skill has saved his arm thus far with the exception of one finger.