davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1912-09-01
Weekly Cotton Statement

New Orleans. August 3i.-In spite of the fact that this was a week of even- ing up operations in the cotton market, prices showed net loss of 46 to 49 points. Shorts covered from one end of the week to the other and greatly re- duced the short interest The general expectation. was however, for bearish government report and this, together with some little hedge selling against the new crop caused the decline. Longs liquidated to some extent and the strong est class of bear traders increased their commitments delivery. The triple holi- days following the close of the market Friday caused evening up more than did the nearness of the bureau report.
 The high prices of the week were made On Monday and the low prices on the close from the session.
 At the highest the trading months were ? to points under last week s close and at the lowest time were sg to 51 points under. The range was 46 to z9 points.
 The weather of the week was generally regarded on the whole, as being favor able Texas and Oklahoma still con tinued to suffer for want of moisture but the fair weather, with scattered showers now and th>l. was considered favorable to the remainder of the crop bearish view was taken of the ab preaching government report on the con dtion of the crop. chiefly because of private bureau reports showing loss Of only 2 to points for the month In the total average percentage of condition
 Free offerings of, cotton in Texas, the heavy movemsnt of the new crop in that state and weakening spot basis
The Birmingham age-herald., 1912-09-01
EARLY MOUNTAIN CLIMBERS
Chinese Emperor's Exploits-Leon-
 ardo da Yinci in the Apennines

From the London Evening Standard. Now that the climbing of the Alpine giants has begun in real earnest. the Nou- veiles de Munich has timely article on the first mountaineers in which 1t says: Tn the l7th century the Chinese Emperor Tai Tsung made himself famous by his assents. He climbed all the mountains in Corea, and eveh found time to explore the range of Thian-Shan, the northern bound ary of eastern Turkestann and a contin- uation of the historically famous Pamr tabeland, the highest plateau in the , world.
 Tn Italy the first real climber was Leo- nardo da Vinci. who early in life was seized with a passion for making ascents. when he explored the Apennnes near Ens- poli Later on. when living at Milan, he made expeditions among the Alps that tower above Locarno and Lugano.
 The oldest and most famous of German climbers was the Emperor MaNimilan [, who, not content with hunting in. the mountains round Innsbruck. wrote a Hunting Book containing valuable ad- vice the boots and clothes to be worn while mountaineering. After him came the doctor and the philosopher. Scheuch7 ger, who wrote in his Itinera Elpina' It is more profitable to walk amidst wild and lonely scenery than to follow the foot steps of Aristotle, Epicurus and Des- cartes."
 We might add to the account of the Munich journal that this Dr. Seheuchzer climbed nearly up Pilatus to find out whether dragons did really inhabit the caves. But it Is incorrect to say that Leonardo da Vinci was the first Italian mountaineer, for In 1858 Robario d'Astt climbed the Rocca Melone, to the south of Mont Cenis. a peak llb00 feet high. carrying with him a very beautiful en- graved tryptloh of copper, showing the Madonna and Child. No other early as- cent can compare with this
The Birmingham age-herald., 1912-09-01
WHEAT PRICES MADE WEAK AT THE START
Estimated 1000 Cars Will Arrive at Minneapolis
 Tuesday

Chicago, August 31.-Selling by traders who did not care to hold wheat over two holidays made prices today weak from the start The close was within Isc of the bottom figure of the session and 10 1Ac under yesterday. Corn showed net loss of ss@1%c and oats fall, of Hdfsc. In provisions the outcome varied from 10c down to an advance of 7isc.
 Increasing receipts had much to do with forcing recent, buyers to turn to the sell Ing aide of wheat.
 There was an estimate that 1000 cars would arrive at Minneapolis alone for Tuesday morning. As a consequence of the fall in wheat prices export business Improved somewhat. Attention of spec ulators fixed itself tenaciousy on the fact that primary receipts had reached nearly double the total of a year ago, and that for lack of storage room wheat was be- ing piled on the ground at stations fin western Kansas.
 December delivery ranged between 921sc and 94c. closing 1Ac net lower at 93c flat
 Corn weakened because predicted frost turned out to be myth. December fiuc- euaeeu iroih o0c to oo14Ao'7sS anu 0ioeo' steady, Ac off at b58o5lsc. Cash grades were only in fair demand No yellow was quoted at 79AQ60Sc.
 Oats sagged with wheat and corn. After the dip there was good export demand Outside limits touched for December were 324c and 32s4c. a net loss of 12df9sc.
 Provisions joined in the general weak ness. Lard and ribs, however, rallied as result of support from packers and wound up at prices ranging from last nights level to an advance of 71ac. In the end pork was off 5c to 1oc.s
 Future quotations were as follows.
The Birmingham age-herald., 1912-09-01
Live Stock Market

Kansas City. August 31.-Cattle: Re ceipts, 300 including 100 southerns; mar ket, steady; dressed beef and export steers, $s.6OQ1060; western steers, S5. .50Q9; stockers, $4. 50d7 50 southern steers, $4 .5u @6; southern eoWs s3. 50a6; calves, s5@9.
 Hogs: Receipts, 500; market, steady. bulk of sales. $s 60lS .70 heavy, ss. 5eQ1 S.70: packers and butchers. sS.Goas 80; light $s.6OQfS.s0; pigs, s6l7..
 Sheep: Receipts. 12,00o: market, steady; muttons, S350q4 10; lambs, s6Q6.S5; range wethers and yearlings, sfa5 35; range, ewes, 2.25d4.
 St. Louis, August 31.-Cattle: Receipts, 2500, including 800 Texans; market, steady; native shipping and export steers, $s. 50l| 9,5O dressed and butchers steers. S6aS. 50; stockers, S4, 5007 .25; calves, sdl10; Texan and Indian steers, s4.25QS; COWS and heif- CTS. $3.5od7.50.
 Hogs: Receipts, 260o; market steady; pigs and lights s6 .5OdiS .95 mixed and butchers. sS.e5aS 30; good heavy, sS.75Qf S.95.
 Sheep: Receipts, none.
 Louisville, August 31.-Cattle: Receipts 100; good to choice, firm; common, dull range, $2QS, ,50
 Hogs: Receipts. 75o; market. steady; range, s4.5odS .s5.
 Sheep and lambs: Receipts. 1900; mar ket, firm; lambs, 61ac down, fat sheep 3Ac down.
The Birmingham age-herald., 1912-09-01

excess lawful reserve s4555. 150, decrease S1o, TOP, 750; trust companies reserve with clearing house members carrying 20 per cent cash reserve, S6i, ,451,0o0; summary Of state banks and trust companies in Great CT New York not included in clearing house statement: Loans s607, ,2ss, 800 de- crease $1, ,2s5, 300; specie s64.065. 100 increase s279. 100; legal tenders $7936.so0. decrease Sl67SO0; total deposits s6ss 059, 400. decrease s1. 20. 900.
 New York. August s1.-The Finan- cier says today:
 The principal feature of the state ment of the New York clearing house banks for the week ending today was l of course the heavy loss in cash due to increasing crop demands. Taking the statement of actual condition of Sat urday as a basis the. banks lost in specie and legal tenders s12,179.000. This total was heavier than had been anticpated,yIt It included not only di- | rect shipments to the interior and | losses to the sub treasury. but the shipment also of s2.60o. 900 to Canada. | The cash decrease affected excess reserve to the extent of the total sum | taken, this arising from the fact that there was an expansion of sa,370,000 | in loans. so that deposits actually rose $521,0O0, instead of decreasing as Is usually the case when cash is flowing
 
 | fore fell s10,792,750, leaving the pres ent excess above the 25 per cent mlni- mum at s4,55S, 150, the smallest re- ported in a long period.
 | The statement based on averages of seven days did not include the latter operations of the week, the average | statement showing a decrease of $11,- 10000 in cash, but an increase of only s151 1000 in loans, while net de. poslts fell off sS.6Ss, 900. making the decrease in reserve ss,591,0 ,000 and the present excess based on averages s9,- | 545,150.
 The independent weekly statement
 of trust companies showed only the
 usual changes. It Is worthy of men tion that almost the entire decrease in l cash during the week fell on the banks proper, the trust company reserve
 standing at present at $242,900 above
 the legal requirement. while the re-
 malnder belongs to the banks.
The Birmingham age-herald., 1912-09-01
BROWN ON A LEGAL MARRIAGE
England's Church Doesn't Recognize Union With a Dead Wife's Sister
From the Youths Companion.

from the Y OutnH COmpanlOn.
 Marriage with dead wifes sister, all though forbidden in the prayer book of the English church, has long been legal ized in every British colony, and in 1907. after an agitation extending over many years. parliament legalized 1t in England Nevertheless. great many of the Eng lish clergy maintained that divine law forbade them to solemnize such mar riages. Most of those who held that view have declined to perform the ceremony, and one. at least, refused to admit to toly communion couple who had legally contracted such marriage in Canada a few months before the act of parliament was passed
 The prayer book authorizes clergy man to refuse the communion to persons who are "open and notorious evil livers - As the church is established by law, ev- cry person who has been confirmed Is en- titled to be received at communion. un- less there Is good req son for excluding him, and anyone who is excluded without sufficient reason can appeal to the courts to compel the offending clergyman to re- Ceive him.
 In the case mentioned above the az grleved couple did appeal to the courts and the case was decided in their favor; but the clergyman carried the matter up by appeal.
 ne ueclslOn was alrnoStt or Nuite, unan- imous against him, until at last the case reached the house of lords. which Is the final tribunal There again judgment has been rendered unanimously that 1t is the duty of clergymen to obey the act of parliament.
 The matter has attracted a great deal of attention. No one doubts the sheer ity. or fails to respect the scruples. of clergymen who believe that marriage with dead wife's sister is contrary to laws of God: but the lord chancellor, In delivering the decision of the house of lords, made plain the impossibilty of re- garding man and a woman as 'open and notorious evil llvers." when they have been married according to the laws of the realm. The question has been set tied, so far as the civil courts can settle 1t. But the decision Is not final; the archbishop of Canterberry and many other English bishops. by declaring that.
The Birmingham age-herald., 1912-09-01
Liverpool Cotton Market

Liverpool, August 3i.-Cotton closed with spot in limited demand; prices un- changed. American mlddling fair 7.20d good middling. 6.s0d m;ddling, 6.40d; low middling, 616d; good ordinary, 5.6sd; ordi- nary, 5.20d. Sales of the day were 300t bales. of which 400 were for speculation and export and included 2300 American.
 Receipts COCO bales American, none.
 Futures opened and closed quiet; Sep tember, 6,12d: September October. 6.95d October N November, 5.9l1zd; November-De- cembers 5.s6kd; December-January 5.S615d: January-February. 5.s7d; Febri- March. 5.SsHd; March-Aprit 5s91ad; Apri-May,s 5.901sd May-June, 59lhd, June-July, 5.91d; July-August, 5.90kd; of ficial close at midday, August. 6.2Okd valne; August-september 613isd value.
The Birmingham age-herald., 1912-09-01
Clearing House Statement

New York, August 3l.-The statement of the actual condition of clearing house hanks for the week shows that the banks hold $4.553,15O reserve in excess of legal requirements. This is a decrease of s10,-
 192.750 in the proportionate cash reserve as compared with last week. The state- nent in detail follows: Daily average Loans s2.O43.9s5,000, increase sl.5l0,0oO; specie s352. .943O00. decrease $11 1g1, 900; legal tenders SS4. 7l5O0O, increase tS1. 600; net de-
 posits s1,9O9 9913,O00, decrease $S,6ss, 600; cir culation s45.z7S.0oo. increase s116,OO0; banks cash reserve in vault S363. 367, 900; trust companies cash reserve in vault S74291,- eco; aggregate cash reserve, $l37, ,65S, 900: ex- cess lawful reserve $9.545, 150. decrease s. 591,000; trust companies' reserve with clearing house members carrying 25 per cent cash reserve. 62.S46. 900; actual condi- ton loans s2.050. .206. .000, increase s9.olO,CO specie ss47.0i0. GOO. decrease s13,119,O00: legal tenders ss5. .040 eco. increase }s4O.000; net de- rosits $l,s11, ,Sf .Oo0, increase s52l 900; cir culation S45.S7400o. increase $759.0)0: banks cash reserve in vault ss5s.6Ss.0oO trust eompanies' cash reserve in vault. s75,352 oo0; aggregate cash reserys, Sl'2, ,oao, 900;
The Birmingham age-herald., 1912-09-01
Weekly Naval Stores Review

Savannah. August 3l.-A heavy tone pre- vailed in the turpentine market during the week and prices fell to new low rec ords. Receipts were large and the demand indifferent. On the closing day the mar ket reached 3S1ac. with the close at 38laGp S9c. This was about 1sc decline for tho week
 Sales, 6452 barrels. Receipts were 76l3 casks. against 4296 last year. Shipments were S606 casks, 7550 foreign and 1056 do- nestle. During the week the stock de- creased 993 casks. Rosin were irregular, the leading feature being the weakness of tho medium grades.
 Top grades were steady and N to K were firm. The bottom grades were easy. F declined 3oc, making the great est loss Sales were 16,974 barrels. Re- oeipts were 22,5l4 barrels. against 15, ,2S last year. Shipments were 29.290 barrels. 16, $50 foreign and 12.740 domestic. During the week the stock decreased GIFT barrels.
The Birmingham age-herald., 1912-09-01
Flour and F0odstuffs

Self raising flour. $6: Tenncsse, flour. & 50; Indiana four $5.70; Idaho flour, s 50: Michigan four s6.65; bolted meal. per y6 lbs, s2.0o; No. corn. Aper bushel $1.J5; pure wheat shorts. s34.0O; pure wheat bran. s2s; c. 8. hulls. per ton. si0.5O; primo C. meal. per ton, s23; c. $. feed meal per ton, s2e; No. tinothyshay. per ton, s24; mixed alfalfa and Johnson grass, per ton, s21@22; corn chops, per lW h. sack, $2.0t; alfalfa hay. per ton, s23; Johnson grass. per ton. sis117; mixed feed. per ton, $5cd37 oats, Soc bushel.
The Birmingham age-herald., 1912-09-01

helped the bears put prices lower. At the same time bullish comment was caused by the heavy export movement out of Galveston.
 In the spot department, prices lost one half a cent, mddling closed at Il 3-16, against II 11-l6 last week and 111a this week last year. Sales on the spo. amounted to 365 bales against 94S last week and 1885 this week last year. Sales to arrive amounted to 45 bales against none last week and bs5 this week last year.
The Birmingham age-herald., 1912-09-01
St. Louis Produce

St. Louis. August S1.-Flour, firm. Hay steady Timothy, s12d1s5o; prairie, s10G IA. Whisky, s1.4o. Iron cotton ties. SAC. Raging 10 11-16c. Hemp twine, 71sc. Fork unchanged. Jobbing, s1650 Lard, higher prime steam, BIO 65Q10.S0. Dry salt meats. unchanged. Boxed extra shorts, He. Clear ribs, 11c. Short clears. 1lAc. Bacon. unchanged. Boxed extra shorts, 12c. Clear sides, 12c. Short clears, 121kc.
 Receipts flour, 5000. Wheat, 236.0o0. Corn, 34,0O0. Oats, 95,00o. Shipments, flour. TOO Wheat. 129,0oO. Corn. S6,OO0. Oats, 6S,000.
The Birmingham age-herald., 1912-09-01
Dry Gnnds

named today on Tolle du Nord and other dress ginghams and imperial chambray for the spring of 1913. The primary and secondary markets were quiet.
 Cotton yarns were quiet, but spinners were disposed to make concessions Linens were active. Calcutta burlaps de- clined. Good repeat orders were received on fall underwear.
The Birmingham age-herald., 1912-09-01

Flour-Firm; winter patents, S4. 3o0.4.Su, straights, A. 1044 50; spring patents, $4. 40@ B. TO; straights, $4. 4.2Od4.3 30; bakers. $3.soQ 4.50.
 Rye-No. ?. CSC.
 Barley-Feed or mixing, 45d5Sc; fair to choice maltng, 62Q66c.
 Timothy Seed-$3. 75@4.75.
 Clover Seed-$l3@16.
 Mess Pork-s17 .621ad1775.
 Lard-In tierces, sl1 121s411 15.
 Short Ribs-Loose, S1l.0
 Eggs-Receipts, 922o cases.
 Cheese-Steady; Daisies, 15Aql51ac; Twins 14%Q15c; Young Americas, 154@ 15lhc; Long Horns, 15i4@161ac.
 Potatoes-Steady receipts, 40 cars; Min- nesota, 50c Jersey, soc: Wisconsin, 55c. Poultry-Live steady; turkeys. 12c; chickens. 14iac; springs, 1Sc.
 Veal-Firm, 9G13c.
The Birmingham age-herald., 1912-09-01
Kansas City Grain

Kansas City, August 31.-Cash, wheat No. hard. Sl@911c; No. 2 reN Tile; corn, No. mixed, 7Sc; No. 2 white, TIC. Oats. No white, 34@3Sc; No. mixed, 33lq 33s4c.
 Close, wheat, September, sSAaSS7sc. De- cember, S71c; May. 91asc. Corn, Septem- Der. 70i4G70ssc; December, 5ol405Ossc. May 5C1z@50ssc. Oats. September, 32Ac. De- cember 32sac May, 349sc.
The Birmingham age-herald., 1912-09-01
Plea for a Larger Navy

Do you think" asked the old-fash- toned woman. that we ought to have two more battleships?"
 ''I do, most emphatically,' replied the fair Moosette. "f was at Old Point Com fort for three weeks last spring and there were not half enough battleships there to furnish lieutenants for the ladies who wanted to dance"
The Birmingham age-herald., 1912-09-01
Treasury Statement

Washington, August 31.-At the be- ginning of business today the condi- ton of the United States treasury was Working balance in treasury. $87,642,- 516. in banks and Philippine treasury, $35.718,553; the total of the general day, $2,536,112 disbursements yester- day, $4.08S.757: deficit to date this fiscal year. s5,575,330 as against deficit of s21. 1.965.316 last year. Figures exclude Panama canal and public debt trans actions.
The Birmingham age-herald., 1912-09-01
New Orleans Rice

New Orleans. August 3l.--Rce was strong and active today owing to light receipts. Receipts: Rough. oDl6l clean, none; millers, 1873. Sales: Rough Hon duras, 29S7 at 3.75a4.3 35c; Jspen. s7 at 2.75c; clean Honduras, 4739 at 3s@47sc; Japan, 200 at 4c.
 Quotations Rough Honduras 3. 75l4. 35c; Japan, nominal; clean Honduras, 4Mli6s. Japan, 4Ql4kc.
The Birmingham age-herald., 1912-09-01
Naval Stores

Savannah. August 31.-Turpentine, firm; 3s1edf39c; sales, 1031; recepts, 1506; ship ments, 4532; stock, 36,s52.
 Resin, firm; sales. 322s; receipts, 47s9; shipments. 3750; stock. 9s, ,39.
 Quote: B, s6. S0ta6. .35; D, s6.35; E. $6. 4oct 6.45; .F. S6 4oJ6 45; c. s6.45; II. s6. l5fi6 50; l, $6.5o; K, $6.75 M, s7Gb7 .15; N, N.25; VIC. $s.70; wv, $S10.
The Birmingham age-herald., 1912-09-01

and furnaces and all the manufactur- ing enterprises associated with the iron and steel specialties are running full blast. Lake shipments of ore from the mines to the docks at the manufactur- ing end will approximate 50,O00,0Oo tons this season or 7.000,000 tons more than ever before in a single year. Tho next highest was 43,000,000 tons in 1910, and 42.000.000 tons in 1907. Ship ments in 1904 were only 23,00O.000 tons. This illustrates the development of the steel industry during period of eight years, five of which are chased as
 years of depression. Steel plants have
 six months to eight months work on their books if they were not to re- ceive another order. Car equipment
 companies are full up for six months
 to a year, ship yards have more than they can do at full capacity for two years. Copper production is the great est ever known and the consumptive demands are keeping up with the out put. Railroads are straining themselves to handle present traffic and are con fronted with six to eight months Of record breaking tonnage The grand total value of farm products promises to approximate s10,000, 100000, figure never before approached. These amaz- ing figures stimulate the vital forces and arouse ambition. There is nothing in them to give the stock market bears. or the bears "on the country" the slightest foundation to stand on, 1t would appear. Yet just the same there is tremendously strong bear element in the stock market and a great num- Der of people who see trouble ahead and wrangling and no rest. It is ob- served, however. that no progress is ever made without more or less un- rest.
The Birmingham age-herald., 1912-09-01
THE MARKETS
New York Money

New York, August 31.-Sterling ex- change dull with actual business in bankers bills at $4s4.25 for 60 day bills and at $4.8705 for demand; coin mercial bills. s4S31a bar silver, 63hc; Mexican dollars, 4812c.
The Birmingham age-herald., 1912-09-01
St. Louis Grain

St. Louis, August 31.-Cash. wheat No. ? red, $1.05A; No. hard. 92Q96c. Corn, E. 80: No 2 white, S1c. Oats. No. ?, 310 52c; No. white. 34c.
 Close, wheat down. September 93993Hc. December, e3stQ931zc. Corn down. Sep tember, 73c. December. 52Ac. Oats, down. September, Sl7sc. December, 31%Q31Mc.
The Birmingham age-herald., 1912-09-01
LOCAL QUOTATIONS
Pig Iron
Local Cotton
Meat

Lard, 131sc; compound. 97sc; D. s. short ribs, 12.S5c; rib bellies, 13. .65c; ham butts, l61sc; Boston butts, l511c; pork Joins, 171bc 1: spare ribs. 1cHc; breakfast tacon, 20a cSc; smoked bacon. 14%c; regular ham, 171hc; skinned ham, 19c.
The Birmingham age-herald., 1912-09-01
Resin Receipts

New Orleans August 31.-Receipts. Resin, 12s; turpentine, 12G. Exports for Buenos Ayres, 610 barrels rosin; for Rio de Janeiro, 100 barrels rosin.
The Birmingham age-herald., 1912-09-01
Metal Market

New York. August 31.-Metals nom final and dull; lake and electrolytic copper. 14% @14%c; casting, ITS e 17Hc; iron unchanged.
The Birmingham age-herald., 1912-09-01
HUBBARD BROS. 6 co.

Y. Members New York Cotton ET. change. New Orleans Cotton Exchanee. New York Produce Exchange. AGso. riation. Orders solicited for the pur- shase and sale of Cotton and Cotton
 'ecd Oil for future delivery. Special at. tention and liberal terms yiyen for con,
 etgnnents of spot cotton for deIivCfyl corresDondence invited.
The Birmingham age-herald., 1912-09-01
Wool Market

St. Louis, August 31.-Wool steady; me alum grades combing and clothing, 231a0f 26c; light fine, 20@2le; heavy fine, 1sa1sc; tub washed 2SM35c.
The Birmingham age-herald., 1912-09-01

in church matters. the civil authority cannot override the authority of the church. have virtually advised the clergy to disregard the judgment of the house of lords.
The Birmingham age-herald., 1912-09-01
Poultry and Eggs

Hens, 35qJ0c; live, per pound, 14c; large flyers, 2oc; medium flyers, 1c;
 small flyers. 1sc; ducks, 3o@4Oc; guin-
 eas. 2oc; roosters. soc; geese, 40@ soc; live turkeys. 15Q16c; eggs. fresh, case cnndled. 24c; extra graded candled eggs 26c.
The Birmingham age-herald., 1912-09-01

Considerable interest attaches to the Vermont and Maine elections. Every body will look to them and analyze the results in order to locate a political ground swell If any exists, and to feel for tendencies, Most people have be-
 come reconciled to the theory that the
 democratic candidate is likely to sweep the country. but there Is not yet suf- ficient certainty for the great moving forces of Wall street to take the mat ter for granted or to make the rash
 mistake of settling an election before the voters have chance at the ballot boxes. For that reason they are in
 many cases disposed to hold in check important enterprises and development projects which have been pretty we'll
 matured, so far as the planning goes. The latest hint Is that the commits sion appointed to hear the wage dis pute between the engineers and the railroads will not have its re- port ready before the latter part of September. The question is a big one and the commissioners are fully mind full of their responsibilities and anx- ious to deliver finding that will have weight and bearing upon the wage question in a broad sense. Arguments
 and data are now about all in andethe process of digestion and expression can be said to be under way. The street awaits the action with undisguised so- licitude. It will have an important
 bearing on stock market values.
The Birmingham age-herald., 1912-09-01
Grain Receipts and Shipments

Kansas City, August 31-Receipts: wheat 35l,Ooo; corn. 5000. Oats. 1S,OOO. Shipments: wheat. 173,O0o; corn, 11,0OO; oats, 1000.