davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1912-01-21
New York Cotton Futures
Daily Cotton Movement

Galveston; Steady; middling 10c; net receipts. 11977; gross receipts. 17,977; sales ll30; stock, 362, 754; exports to Great Brit ain, 15,95S; exports to the continent, 22,214 eoastwise, 1853.
 New Orleans: Steady; middllng. 95so; net receipts, 14,401; gross receipts. 15,0l1, sales, 2275; stock. 275. .2ss; coastwise, AT.
 Mobile: Net receipts, 25l5; gross re- ceipts. 2515; stock. 65,49l exports to the continent, 5S2S; eoastwise 10.
 Savannah: Quiet; middling, 5-16c: net receipts, $685. gross receipts, So95; sales, 3I14; stock, 257,604; coastwlse. 6S4
 Charleston: Steady; middlng, 9Ac; net receipts, 262; gross receipts 262; stock, 34533.
 Wilmington: Nominal: net receipts, 1592; gross receipts 1892; stock, 23167; coast wise 200
 Norfolk; Steady; middling 99se net re- ceipts, 221l; gross receipts, 221f; sales, 2432: stock, 466l2. coastwise. 3o13.
 Baltimore: Nominal; middling. 99sc; stock, SSS3.
 New York; Quiet. middling, s.5oc gross receipts, 5s91; stock, 1Ss,520; exports to Great Britain. 2l9 to the continent. 1924; coastwise, i543
 Boston: Quiet; middllng 9.50c. net re- ceipts. 4S; gross receipts, 4oSS; stock, 12,- 6j4.
 Philadelphia. quiet; middllng, s.75c; stock, 5656
 Brunswick: Stock, l4022.
 Gulfport: Net receipts S6S0.
 Texas City Net receipts, 276l; gross receipts. 276l: stock. 11.92i
 Jacksonville: Net receipts, 75 gross re- oeipts, 75 coastwise, 70.
 Total today, at all ports: Net, 49S74. exports to Great Britain. 16 177; to the continent 29.366: stock. 131O.76S.
 Consolidated, at all ports: Net, 49S7i; exports to Great Britain, 16lI7; 10 the continent, 29366.
 Total since September l. at all portss Net, S,2165l5; exports to Great Britain, 2,59s, ,522; to France. 793,8Si to the conti- nent, 2G0 469. 10 Mexico, 4397
The Birmingham age-herald., 1912-01-21

in Liverpool which occurred on tha opening this morning when the settle ment with the operatives was announce ed that many who had bought in an- ticipation of this event were free sell CTS to take profits.
 Cablegrams report that the south of fered more freely. causing the market to close weak. These advioes were n great surprise, as everyone thought there would be an eager demand from spinners. It would seem that they had supplied themselves during the nego- tiations. Sellers appeared here at 10 points decline.
 A slight rally occurred, but the dis- appointment felt in the foreign iad- vances was too great and the market gradually sold off
The Birmingham age-herald., 1912-01-21
Interior Cotton Movement

Houston: Steady; mddling, 97sc net re- celpts, 10,123; gross receipts, 1o123. ship ments Sl06 sales, 901 stock l69,isf
 Augusta Steady. midding, Sac; net receipts. ssl; gross receipts, 9sS; ship ments 1eij sales, i1jl; stock, &,47S.
 Memphis: Steady; middllns, 9Ac.; net receipts, 925; gross receipts, 2l45: ship ments. 3997 sales. 325S; stock, 17S,s09.
 St. Louis: Quiet; middling. aa.c: net receipts, 2S3 gross receipts. 24i3 ship ments. 225i sales, 295; stock, 25,769.
 Cincinnati: Net receipts. l3i6 gross re- ceipts, lSi6; shipments, 596; sales, 300; stock. 9SS0
 Little Rock: Middling, 9sse; net receipts, 5is; gross receipts, 5iS shipments, 336 stock, 35.550.
 Total today Net receipts, 14.05t gross receipts. 17,5Ss shipments, iG,93f; sales, 6i01; stock, 507,990
The Birmingham age-herald., 1912-01-21
BRIEF SESSION WAS MOST NOTEWORTHY Market Showed Unusual Activity and Strength
 for a Half Holiday

New York, January 2O.-For half holi- day and taking the recent dullness into count. today's brief session was rather noteworthy for it's activity and strength The buying movement which began yes terday in the Hill issues. later spreading to more active stocks. was resumed in u moderate degree today, general advances marking the operations of the first hour. To what extent the business represented real or investment buying and to what degree 1t mlrrored short covering are matters of mere conjecture. It is clear, however, that a rather large bear interest has been pretty well eliminated by the rise of the last two days.
 There has been no news of a definite character to account for the sudden change of market sentiment. aside, per haps from the increasing ease of money and the apparent scarcity of stocks Prices held fairly steady during the fort nights period of dullness and accounting on the theory that the market has been thoroughly liquidated, the professional element evidently assumed that another upward movement was due.
 Certain phases of the situation. however, are obviously of a manipulatlve character, particularly the movement in the coal is sues. Reading was again the leader today, resuming it's activity of the previous day and selling up to 159. Buying of that stock was traceable' to group of operators prominent in financial movements, and to this was added buying which was sup posed to come from outside buyers.
 The list as a whole held strong with ad- vances in certain speclalties and the more obscure issues. St. Paul was steady. all though Wall street is now of the opinion that the dividend will be cut to per cent in the coming week. There was some ac- tivity in Denver and Rio Grande preferred arising from the current rumors connect ing the Western Pacific with the Hill Hines.
 All the more popular and active issues moved sympathetlcally. Best prices of the day were registered in the last hour, but realizing for profits then isued and reces- sions were quite general. The tone at the close, however, was active and strong.
 The bank statement furnished some- thing of a surprise in that actual loans expandde over $2S0oo,0OO. The actual cash gains, however. was almost s15,0oo,000 with an increase in reserves of over s7,e0000o Actual excess cash reserves now are over Si2,e00,OOO compared with $S5,0OO,o00 last week.
 The bond market was active with fur ther price improvement. Total sales par value $3,50O,O0o.
 Panama 3 per cents advanced B per cent on call during the week.
The Birmingham age-herald., 1912-01-21
Naval Stores Review

Savannah. Ga.. January 2O.-It has been a very dull week in the turpentine mar ket. Offerings were small, especially early in the week, but the demand was indif- ferent. The light early offerings were taken al stiffening prices, an advance of 1sc to b0c being recorded. Later the mar ket weakened under slight increase of offerings, for which buyers were bidding lower than holders would accept. The closing bid price was 49c Receipts for the week were only S34 casks, against l174 last year. Shipments were 4s3l casks
 So37 foreign and 1776 domestic. During the week the stock decreased 3979 casks. Ro- sins were inactive early, but later offer ings were largely most entirely of the medium and lower grades. High grades remained unchanged, but decided weak ness developed in the rest of the list, which fell off 20 to 30 cents in the clos ing day on larger sales. Previously prices had slightly advanced. Receipts for the week were 7439 barrels, against 10,093 last year; shipments. 15.7 .7S5 barrels, 13.230 for eign and 2555 domestic. During the week the stock of rosin decreased S3is barrels.
The Birmingham age-herald., 1912-01-21
New Orleans Cotton Market

New Orleans, La. January @.-Cotton futures opened steady at q decline of 9 10 F points in sympathy with the unexpected wide break abroad. Private messages said that the ending of the strike had been dis counted before hand and that efforts of longs to realize profits had resulted in a sulnp. Discouraged bulls in this market let go freely
 The weather chart showed decidedly im- proved conditions over the cotton country and this helped the bears to some extent The list was steadied by the covering of short cotton over the end of the week. This furnished the bulk of the huvine
 At the end of tho first half hour of business prices were 10 to F points down.
The Birmingham age-herald., 1912-01-21
WHEAT SUFFERS NO IMPORTANT SETBACK
Closes at Practical ly the Top Figures of
 the Season

Chicago, January 20.-Wheat traders to- day showed themselves responsive to con frmed reports of famine prices prevailing throughout large districts in Russia and making virtually certain that exports from the country will run light for some months to come.
 The close accordingly left tn elist at an advance Of Lc to asc over yesterday Corn finished l4c to 1ac up. oats unchanged to ssc higher, and hog products at a de- cline of 2lzc to 10c.
 Scantiness of wheat offerings from Rus sia emphasized statements that starvation was spreading and had forced the gov ernment there to more extended efforts at food supply, so that the European trade which usually depends on heavy Russian shipments during tho spring months had become alarmed al the black ness of the outlook.
 Buyers were influenced also because of reduced estimates on the Australian crop and owing to receipts northwest of Chica- go being small compared with the same day a year ago. Prospects of substantial falling off In the United States visible sup ply total counted also against the bears, Notwithstanding that selling was liberal and was led by prominent dealer who yesterday had been most outspoken as a bull.
 The market suffered no important set back, closing steady at practically the top figures of the session. Between the open ing and the close, May ranged from sl.ooh a r,ft la II gain of lkc.
 Corn was strong from the start Buy Ing appeared to be both for investment and speculative account despite the fact that the weather had taken a more Ia yorable turn, and that the seaboard was making a profit reselling corn which had heen purchased for export
 May fiuctuated between Gee and 655sc closing steady asc net higher at 65lsc.
 Cash houses were large buyers in the sample market. No. ? yellow was not quoted
 oats, although extremely dull. took their cue from other grains The ad- vance of late had seemed to curtail the demand for cash grades. Upper and lower levels touched by May were 497sl hn d491aQosfsc, with last sales 4s5sc, or a gain of esc over last figures yesterday.
 In the provision crowd 1t began to looi; as if the friends of the 61sc price for hogs had been over confident, as there were good stocks of unhedged product waiting for favorable market at higher figures
 Whether or not this view was correct prices gradually fluctuated both ways and at the end pork was cents off to C cents pyfr Ths fs.t was cents lower for other products
 Cash quotations were as follows:
The Birmingham age-herald., 1912-01-21

300. Including 100 Texans: market steady Native shipping and export steers, $7.55dS; dressed and butchers steers. Sa0D5; stock CTS, sSq5; Texas and Indian steers, $56I7; COWS and heifers, $335.
 Hogs-Receipts, 64O0; market to 10 cents lower Pigs and lights, s4.25t16. 20; mixed and butchers. s6a6.3o; good heavy, s6.250 6.a0.
 Kansas City, January 2O.-Cattie-Re- ceipts. 27ob0. including 100 southerns; mar ket steady. Native steers, s. 2o@6. 50; southern steers. s475a6.30. Southern cows end heifers, $3@5; western steers, sl75QD7; western cows. s3ao
 Hogs-Reeeipts, 5000: market to 10c lower. Bulk of sales. s5.906I@6 20; heavy $6.20a6.25: packers and butchers, sea6. 25 lights. $5.70a6.1o; pigs s4.25@5 25.
 Sheep-None
The Birmingham age-herald., 1912-01-21
Flour and Foodstuffs

Corrected by Tennessee Mill Col
 Sef-raising flour. S5.7S. Nellie King floui, per barrel. s. Boltea meal, per s6- pound sack. $165 No. 2 corn, per bush el, kiln dried, S1c. Pure wheat shorts, S34. Pure wheat bran, S3i. c. S. hulls, per ton, $lO. Prime c. 5. meal, per ton, $26. 50. c. S. feed meal, per ton, S24 No. timothy hay, per ton, s2s. Mixed alfalfa and Johnston grass. $22. Corn chops, per 100-lb sacks, S1.65. White oats, 66c.
The Birmingham age-herald., 1912-01-21
Liverpool Cotton

Liverpool, January 20.-Spot cotton closed quiet: prices unchanged. Amer can middlng fair, 604d good mid ding. 5.66d middling fair. 540d low middling, 5.lGd: good ordinary, 4s2d ordinary, 4.G0d. Sales were 5000 bales of which 300 were for speculation and export and included 4600 American
 Receipts, 1I,000 bales; all American Futures opened steady and closed weak January, January February, 5.17d Feb 1uary March, 5.20Kd; March April 5.23d; April-May. 5.e51ad May-June 5.27l5d; June-July. 5.29d; JuIy-August 5.S0hd; August September. 5.3Od. Sep tember- October. 5.2Sd: October Novem Der, November December. December January, January February, 527d.
The Birmingham age-herald., 1912-01-21
Bonds
Money on Call

New York. January 20-Time loans soft, call nominally unchanged. Time loans in- active; 60 days, 21aa2s4 per cent; 90 days, 21a@2% per cent; six months, 31s per cent. Prime mercantile paper 3s40p41a per cent; sterling exchange firm, with actual bus mess in bankers bills at s4.S4 for 60 day bills and at $4.s720 for demand; commer- cial bills $4S3M bar silver, 5714c; Mex jean dollars, 47c; government bonds steady, railroad bonds strong.
The Birmingham age-herald., 1912-01-21
New Orleans Cotton Futures

New Orleans La. January 2o.-spot closed steady and unchanged. Mlddlng' 99sc Sales, $50 bales. with 1925 to arrive Low ordinary 15-ioc, nominal; ordinary 4%c good ordinary 3-16c; strict good or dinary, 9-16c; low middling S.c; strict low middling 9Ac middling 99sc strict midding, 15-16c: good middling. 10 S-l6c; strict good middling 107sc; middling fair 10 1l-16e middling fair to fair, Il l-l6c; fair, Il 7-16c nominal.
The Birmingham age-herald., 1912-01-21
Treasury Statement

Washington, January 20-At the begin ming of business today the condition of the United States treasury was: Work ing balance in treasury offices, $6l, ,556, ,605; in banks and Philippine treasury, $34 1882, . 4l3: the total balance in general fund was $120, ,633, 754: ordinary receipts yester- day were s2,247,3s0, with ordinary dis bursements of $2,124.192 The deficit to date this fiscal year is $27,272,4 As, as against deficit of S6.93S,1s6 at this time last year. The figures exclude Panama canal and public debt transactions.
The Birmingham age-herald., 1912-01-21

Little or no support was offered the list at any time during the late session. Bears were encouraged by the forecast of fair weather for the cotton belt over Sunday and also by the failures of the bulls to press the advantage given them by the settlement of labor troubles abroad
 The gossip was to the effect the spot houses were good sellers There was a strong undertone up to the end. At the lowest, prices were 1S to r points under yesterday.
The Birmingham age-herald., 1912-01-21
New Orleans Rice

New Orleans January 20--There was strong demand for both grades of rice in the local market today. Receipts were good. Receipts: Rough, 6o75 clean, 1880; millers. 5709 Sales: Rough Honduras, 1045 at s3.60. Japan none Clean Honduras, S77e, at 2la di De; Japan 90O at 32ssc. Quotations Rough Hondu- ras. s2.25m425, Japan, s2.50@S.S5. Clean Honduras, Sh G5hc; Japan, 3A GD4c
The Birmingham age-herald., 1912-01-21
Naval Stores

Savannah. January 2o.--Turpentine 4s cents bid. and refused; sales, none receipts, 491 shipments. 2161 stocks 32.522. Rosin firm; sales, 4260. receipts 2S90; shipments. 7O59: stocks. 12s, 42s. Quote: B. s6.4712 D, s6.521a ms.e71s; E, s6.5719 q 6.70; r, G. II and l. s6.62Me.72; K, s720; M, s745; N, s1.50; VIC, s7.s0; wv s7SO
The Birmingham age-herald., 1912-01-21
Poultry and Epps


LOTTtcttu DY BHTTttt & Hlne.J
 Hens-3JdI50c; live, per pound, He; large flyers, l5c ID: medium flyers, 16al7c per b; small l6Q17c per lb. Ducks-90Ql40o each. Gnneas. 25c. Boosters. 25c each. Geese, 50l6Oc. Live turkeys, 17e Dressed turkeys. 1SQ20c lb. Eggs, fresh. 30a32c. Country butter. 2OQ25c h. Rab- bits. S1 90.
The Birmingham age-herald., 1912-01-21
Kansas City Grain

Kansas City. Mo, January 2o.-casn wheat No. ? red. 991sc. Corn No 9 mixed. eSl6S1sc; No. ? white. ss0sot
 oats; No. 2 white, 511s G52kc: No. ? sto0.' July, 9Sm93lsc. Corn; May Sic; July, G6ss a66ke
The Birmingham age-herald., 1912-01-21
St. Jnuie Gra;r

St. Louis. January 20.--Cash wheat No. red, oS1ac ms1.00. No. 2 hard. s102 41.11. Corn: No. 2. 64&ae5c No . white, 67ls e 6sc Oats No. 2. 5sc. No white. iia@51%c. Wheat cIoseo May, saAc; July 931ac. Corn: Ma ST A @67as July. 67067lsc. Oats: May 51c; July 45o.
The Birmingham age-herald., 1912-01-21
Dry Goods

New York, January 20-cotton drills, wills and ducks have been advanced Prices on outing fiannels and demits will be made by leading houses on Mon day. Trade for the week was of a con- seryative character, but very steady Linens are higher, with buyers showing disposition 10 operate on late deliv- cries. Burlaps are in fair inquiry with light business passing.
The Birmingham age-herald., 1912-01-21
Cause to Be Proud

From Judge.
 What is the matter with Jones? He used to be modest sort of fellow, but lately he seems almost bursting with self importance.
 "Haven't you heard? Mrs Jones is suing another woman for alienating his affections. and puts the damages at s50- oo0.'
The Birmingham age-herald., 1912-01-21
LOCAL QUOTATIONS
Local Cotton
Pig Iron
Meats
Corrected by Armour & Col

Lard, 1l1sc; compound, S1sc; D. s. short ribs, $l0 D. s. fat backs, Sc; clear bellies. SlO5O. Ham butts. 12c; Boston butts, 11iae; pork Joins, 1Sc: spare ribs. l1c; breatfast bacon, 19lkq2lc. Star Reg ham, be. Star skinned ham, 15hc
The Birmingham age-herald., 1912-01-21
HUBBARD BROS. & co.

EOtton Merchants, Hanover Square. N R. Members New York Cotton Er' fhange New Orleans Cotton Exchsnre New York Produce Exchange. Assos Ration. Orders solicited for the pur. Nhase and sale of Cotton and Cotton
 eed oil for future delivery. Special at.
 ntion and liberal terms given fos con.
 gnments of spot cotton for deuvory,
 orrcspondencs invited.
The Birmingham age-herald., 1912-01-21
Fruits and Produce

(Corrected by Douglas BroB)
 Apples fancy northern. per bbl., s4qIS 50; bulk, S2.75G3. Cabbage, Danish, 2lkc h. Cabbage, new Florida, 8 per crate Lcmons Fancy, per box, s3.75@4 Limes: Imported, $. Pineapples: s2.75@3 per crate. Irish potatoes: Per bushel s1 70. Sweet Potatoes; Dooley yams. per bush e, 90cdsl. Rutabagas: Canadian, lb., ee Onions: Red Globe, per h., 3Itc; Spanish, PCT crate. s1.G5. Celery: Colors ado, per crate, s7; per dozen punches, M Qsl.25; Oranges, Florida. s2.50: Cranber- ries. per box. s2.75a3; per bb, s11. Grape fruit, Florida. Si.50 box.
The Birmingham age-herald., 1912-01-21
Cotton Seed Oil

New York, January 20.-The cotton seed oil market was quiet. but little steadier today on commission house buying. The close was unchanged to . points higher. January, b.306 ,. .36c; February. 5.396i $40; March. 5.45n5 5.47c; April, 5490 5.51c; May, 5.5595.57. Prime crude. 47M50; prime summer yellow, 5.30d $40: prime winter yellow, 5.60m G.25 prime summer white, 550Q5.s0 Total sales 2000.
 New Orleans, January 20.-Cotton seed oil: Prime refined in barrels per pound, 5.65c, choice meal, per cent ammonia. per long ton. s2S: choice cake, s per cent ammonia, per long ton, $27.
The Birmingham age-herald., 1912-01-21
Weeks Exports

New Orleans, January 20.--Week 2 exports, wheat none: corn. 299.990 bush els to Europe; three more weeks arri- vals of coffee: Brazilian sacks l01 1850.
The Birmingham age-herald., 1912-01-21
Clearing House Statement

New York, January 20.-The statement of clearing house banks for the week shows that the banks hold 900 re- serve in excess of legal requirements to- day This is an increase of $I,S4S,75o in the proportional cash reserve as compared with. lasit week.
 The statement fololws:
 Daly Averages-I4oans s1 955, ,961, ,000 in- crease S35, 0o0 specie S36S, ,633 GOO, increase $la9si00O; legal tenders s92 161 900. increase S1, ,s5eo90: net deposits sl.S56,00O, increase s5i ,S53.000; circulation s5O.s37 00O, increase Sl0e0. banks cash reserve in vaults S399,- 2sl 010. trust companies cash reserve in vau1t, SGi 5e4, GOO; aggregate cash reserve, Stsl. .7a4000; excess lawful reserve s36 902, = O0a Increase S1,sl3,15o.
 Trust companies reserve with clearing house members carrying 25 per cent cash reserve, sS3, ,969,000; actual condition loans Si a59 gsO000 increase s2s 133, 600; specie s376,- So9oNa. increase slS,49,0o; legal tenders s9y 0So.Qeo decrease Si.4S3000: net deposits $l ,s6o 0io.Ooo increase $42372, GOO: circulation S5l .O05.000 increase $1S1,00o.
 . Banks cash reserve in vault. S407. .525,- O09; trust companies cash reserve, s46s,- SS9 O00; excess lawful reserve s42,O74, roo, in- crease s712f400; trust companies reserve with clearing house members carrying 9 per cent cash reserve. $SG,l99,00o.
 Summary of state banks and triist con- panies not reporting to the New York clearing house. Loans s6O1 .32f9Oo, decrease $lo,621 TOO: specie $65,271 400, decrease Sl,- G29.ooo; legal tenders sll.115.ooo. increase $1s.sco: total deposits s6a7,3s9.soo. increase $S,1sI 100.
 New York, January @.-The flnancisr will say
 Despite the continuous expansion in the loan and deposit item of the New York clearing house banks which have tended largely to increase cash reserve require nents, the flow of money to this center is so largely in excess of current needs rise.---that item standing on Saturday,
The Birmingham age-herald., 1912-01-21
Grain Receipts and Sbipments

Kansas City, January 2O-Receints Wheat 35,o00; corn, 54.o00; oats. 14,ooO shipments: Wheat, 20.000: corn. 55. 0oo oats, 4000.
The Birmingham age-herald., 1912-01-21
The First National Bank
Of Birmingham
Capital $1, 800, 100000
Surplus s1,500, 100000

The actual investment in bank by its stockholders, ID other words banks money represented by its capital and surplus which constitute guarantee fund for depostors and form the foundation which the business rests The proportion of capital and surplus of this bank to deposits larger than that of any other bank the Birmingham district
The Birmingham age-herald., 1912-01-21

January 20, at s4o.0T4,7Do, an increase of $i,124, 400 for the week.
 The expansion in loans since the pre- vious statement taking actual conditions as basis was s2s,13300o. and this, with a gain of SlG94s,000 fin cash, brought about an increase of s42.372.Ooo in net deposits. Some small sums of gold are going out ward on export operations. but the amounts involved in view of the trend Of money to this center are negligible In their effect on the current situation
 Remittances from the interior to New York at this season of the year are nor nal and if past experience affords pres ent criterion, there is no telling how large an excess surplus the New York banks will have accumulated before the opening of the spring season. In view of the preesnt circumstances the softness in the money market requires no explana- ton.
 ton.
 London, January 20.-Although labor troubles are still causing some uneasi- ness on the stock exchange, the mar kets have gradually grown steadier and the week closed with prices show ing hardening tendency and general improvement. Government buying for the sinking fund improved consols five eighths and cheered the rest of the gilt edged section, while dividend declara- tions and the truce in the cotton trade lockout put home rails higher, although enthusiasm was checked by the absence of settlement of the trouble in the coal trade.
 A feature of the week was the long expected announcement of the fusion of the group of electric railways and the omnibus companies. The shares of the latter gained 22 points while the former appreciated to a small extent.
 Underground income bonds improved 5I4 points. Chinese bonds rose stead fly on the expectations that the abdica- tion of the emperor would lead to more settled conditions in China. American securities were almost neglected until today when support of the coal stocks and bear covering in anticipation of good New York bank statement i'm proved the list and made the closing steady with prices ranging from un- changed to points higher than last Saturday.
 A feature of the monetary situation Is the large demand for gold for India, but discount rates are not appreciably dearer owing to improving conditions in Berlin and New York. Although the Bank of England still coTfcsols the money market, easier condition are ex- pected within a month with possible reduction of the bank rate in March.