davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1912-12-15

ton was restricted by the tight money market, and by the bearish tone of the stock market, but prices kept on nd- vancing. being sustained by the opinions regarding the governments crop ssti- mate.
 The statistics of the week were re- markedly bulllsh and offset. to n large extent, fear that fresh political complied tons in Europe would work to the dis advantage of cotton manufacturing NH taking for the week were 429,000 bales against 1000 this week last year. and 2l3000 this week two years ago, the Vis- ible supply showed an incisase 1his week of only 127,564 bales. against an in- crease this week last year of 195,G93 bales. and an increase this week two years ago of 22l 4S7 bales, while total exports thus far this season were put al 4.6i3,S5 bales, against 3,S09 a year ago, and 3,696,5 SIS two years ago.
 In the spot department prices ad- vaneed one-quarter of cent, middllng closing at 127sc. against 12ssc last week, and 9i4e this week last year. Sales on the spot amounted 10 52S5 bales, against 477S week ago, and 49S1 this week last year; sales to arrive amounted to 3475 bales, against 4s2O last week, and 10.95O this week last year
The Birmingham age-herald., 1912-12-15
Weekly Cotton Movement

New Orleans, December 14.-CottoD this week was affected principally by 1he crop estimate from the department of agriculture The figures put out 13,S20,- OOD bales of 5C0 pounds weight; and tX- cluding lnters and repacl<s, almost eS- actIy met average expectations. A week ago, some traders commenced to think that there was a chance that the figures would be over 14,000,00O bales, but opinion swung back again strong early in the week that the bull side would be fa- vored
 The close was at a net advance of J3 to 5S points. The high prices were made on Saturday, and the low prices on Monday At the highest the trading months were s to 56 points over last weeks close at the lowest they were unchanged. 10 point under. The range was 55 to 57.
 Shorts bought covers heavily at times before the putting out of the estimate on Thursday but bulls were not heavy buyers. even after the figures were out The demand was moderate at all times but was met by only q small volume of offerings
 During the greater part of the week. the ring was quiet and because Of the importance of the governments auanti- tatiye estimate. other features were robbed of their importance. Thus. Nary little attention was paid to political news from Europe. although all classes Of traders recognized it's unfavorabie tenor. To some extent speculation in cot
The Birmingham age-herald., 1912-12-15
Jnterior Cotton Movement

Houston; Steady; middling. t%c; net receipts. 13,52s; gross receipts, 13,52S; shipments, 16,4S1; sales, lG1S, stock. 153.173. Augusta: Steady; middling. 131se; net receipts. 1899; gross receipts, 20ff; shipments, 1900; sales 2l95; stock, 113,- 962.
 Memphis. Steady; middling, 13isc; net receipts. 2901; gross receipts, 4e09; shipments, 4O35; sales. 2200 stock, 151, 903.
 st. Louis: Firm; middling, 13hc; net receipts. 5s0; gross receipts, 91S3 ship ments, 9346; stock, 1G,132. Cincinnati: Net receipts, 5209; gross reciepts. 5029 shipments, 4S3I; sales, 400; stock 13,12l. Little Rock Steady: middling, 13 1-16c net receipts, 1157; gross re- ceipts, 1157 shipments, G22; stock, 45, 69s. Total today: Net receipts. 25,274; gross receipts. 35,730; shipments, 36 s21; sales, 6413; stock, 493,954.
The Birmingham age-herald., 1912-12-15
MARKET DECLINES . ON HEAVY REALIZING
Close Is Steady, However, at Advance of } to 13
 Points

New York December 14.-After making
 new high records for the season on May
 and later deliveries the cotton market
 declined under heavy realizing, but closed
 steady at a net advance of to 1S points.
 The opening was firm at an advance of
 ! to 13 points and the market sold 10 to
 15 points net higher during the early
 trading on relatively firm cables. further
 reports of light ginning returns. bullish
 overnight spot adviees from the south
 outside buying orders attracted by yes-
 terdays strength and renewal of support from leading trade brokers. May con-
 tracts sold up to 12.a2c. or about 65 points above the recent low level. while March contracts advanced to 1295c, or within 3 points of the seasons high record.
 Around these prices there was heavy realizing for over the week end, while
 there may also have been some selling
 for a reaction or bearsh operations en. couraged by a feeling that bullish factors
 had been fully recognized, and by the
 census report showing a smaller domes-
 tic mill consumption for the month of November than was reported in October. Ihe market caSeu OH III tphstluShNSi ph' offerings were well absorbed by con tinued demand from leading trade brokers
 and the market closed within or points
 of the best on the active spring positions.
 The report of the census bureau showed
 falling off of about 36,0O0 bales in do-
 mestlc mill consumption for November,
 as compared with the previous month. but it showed a small increase in the number of active spindles and local bulls at trlbuted the slight reduction in the actual amount of cotton used to the fact thai November is a shorter month and con- l tains the Thanksgiving holiday. Accord ! ing to the census reports, domestic mills have consumed 1.423,647 bales the first 1 three months of the season, or at tho rate of about 5695,000 bales for the iull | year, compared with last years consump- I tion of 5.367671 bales The amount ol cotton on shipboard at the close of busi- | ness last night showed a decrease as ] compared with last year, and L1Vefpoo cables claimed that recent storms haa ! not damaged the East Indian crop.
The Birmingham age-herald., 1912-12-15
New Orleans Cotton Futures

New orleans, December f4.-Cotton futures opened steady at an advance of to s points on good cables to- day.
 Shorts were moderate buyers Of covers over the week-en Commission houses continued to re- eeive buying orders from outside in- terests Offerings were small and were chiefly from buyers of the earlier part of the week who were satisfied to take their profits and even up over Sun day At the end of the first half hour of trading prices were 10 to 13 points over yesterdays closing quota tions.
The Birmingham age-herald., 1912-12-15
New York Cotton Futures
Port Cotton Movement

Galveston: Steady midding. 12 l5-l6c ret receipts, 17,0l6: gross receipts I10l6; sales. IF; stock, 5OS.22O. exports to the continent, ATS; coastwise, 3l56.
 New Orleans Steady; mddling, l2sc; net receipts s9l3 gross receipts, S9i5; sales, 590; stock, l96,62l; exports to Great Britain, 64Oo: to the continent, 325o; coast wise, 347.
 Mobile: Firm; middling, 12 13-16c net receipts 57s: gross receipts, 57S; sales 725i stock, 37,06l; coastwse, 57.
 Savannah: Steady middling 12 1l-l6c; ret receipts. 1902; gross receipts. 4902; sales, 45s9; stock, 169ll4 coastwise. S63. ] Charleston: Steady; middling. 12 ll-l6c; net receipts. 1143; gross receipts. 1ll3; stock 66, 336. Wilmington: Nomnal net receipts, 2224: gross receipts, 2324 stock, 23,OS3. Norfolk: Steady middling, l3c; net re- ceipts, 1883. gross receipts, 1883, sales, ISIS; stock, 66S42 coastwse, 27l2.
 Baltimore: Nominal. mlddling, 13c; gross receipts. 750. stock, 9333. New York: Steady; middling, l3.2oe; net receipts. 7S; gross receipts. l427: stock, 109 634 coastwise 997 Boston: Quiet: middling, l3.20c; net re- oeipts, s51; gross receipts, 536O stock, P,- s10
 Philadelphia: Steady; middlmg, D. 45c; stock, 17S4.
 Brunswick: Stock. 1s,04.
 Texas City: Net receipts, 5560' gross receipts. 35G0; stock, 41,734. Aransas Pass: Stock, 7136 Jacksonville: Net receipts, 7S0; gross receipts, 7s0; stock 2O42; coastwise, 1f. Pensacola Net receipts, 123; gross re- ceipts. 123; exports to Great Britain. l23
 Total today. at all ports: Net, 2,lf6; exports to Great Britain. 6523 to the con- tlnent TIPS; stock, 1z6S,7H.
 Consolidated. at all ports: Net, 42.146; exports to Great Britain, 6523; to the con tnent, TIPS.
 Total since September l. al all ports Net, 6,304 i56; exports to Great Britain, 211s,SO7; to France, 670, HS; to the conti- rent, 1,730O23 to Japan, S5,S24; to Mex ico. 500.
The Birmingham age-herald., 1912-12-15
HEAVY SELLING OF
 WHEAT NLAST HOUR
Improvement in Peace Out look RespOnsible-ClOse
 1-403-Sc Under

Chicago, December 1.-The assertion that the peace outlook had improved brought today considerable selling of wheat in the last hour. As q result the market closed heavy, 1ia9sc under last night Corn and oats both showed loss of 1saLc net. Tn the provisions pit the result varied from 71sc decline to an ad- vance of 5c.
 Wheat displayed moderate strength at first on account of Buenos Ayres reports of unsettled weather that led to some anxiety about the Argentine harvest.
 There were advices also that export business was being done at Kansas City. Big clearances from the eastern seaboard tended further to help the bulls. Increas- ing stocks at Minneapolis caused the wheat market to react little in favor of the bear side, but no actual weakness do- veloped until peace cables were at hand. Larger traders did most of the selling with commission houses buying sparingiy on the decline May wheat ranged be- tween s9ss@S9s4c and 9ohc. closing 14c down at s9ac.
 Plans of Illinois railroads to move a larger amount or corn easeu the narhSt for that cereal. Fine weather and in- creased rural offerings counted also against the bulls. May ranged between 4s1s04s14c and 4sIkc. with the close steady, but is9Ac off at 4Shc, Cash grades were in fair demand No. ? yellow was quoted at 5lc for new. Oats took q downward turn, owing to lack of demand. outside limits touched for May were 323sc and 33bc The close at the first named figures meant a decline of 1sc from last night.
 Although provisions started firm be cause of hog receipts being limited, the trade later felt the effect of selling by packers At the finish January pork showed the greatest change, a fall of 7lsc
 Future quotations were as follows:
The Birmingham age-herald., 1912-12-15
Hubbard Bros. X Co.'S Letter

New York; December 14-(Spceal.)- Liverpool advanced on the National Gin ners' estimate. We followed, closing steady at about 10 points advance with q large spot interest seemingly the main buyers. while other spot houses and the outside public were plainly taking profits as rapidly as possible. Just what thiS means will probably appear next week. Possibly the European spinners will agam buy on account of the light movement. which is not falling rapidly behind last season, as 1t should do We think the sentiment Is still bullish. as we hear few if any bearish opinions expressed.
The Birmingham age-herald., 1912-12-15

Flour: Steady; winter patents, SL5OW 490; straights. $990d460; spring rat- ents, $465; straights, s3.S0q3s0; bakers $3 40Q3.60.
 Rye: No. ?. 614G3c.
 Barley: Feed or mixing. i3qlSc; fair to choice malting, 5s472c.
 Timothy seed, s3d3.90.
 Glover seed. $l0M1S.
 Mess pork, $17.50@1775.
 Lard, in tierces, s10571aa10.SO.
 Short ribs, loose, s9. 50010.
 Butter: Steady; creameries, 27Q35c.
 Eggs Active; at mark, cases included, current, 19@22c ordinary firsts, refrige- rated. 16a17c; firsts, 23c. Cheese: Firm Daisies. 16a4d17c Twins. 16AG161ac; Young Americas, 16Aa17c Long Horns 16Aa17c.
 Potatoes; Firm; receipts, 40 cars; Mich igan, 52c; Minnesota, 52c: Wisconsin. 4Sc Poultry: Firm; turkeys. alive, 15e; dressed, 20l5c; chickens, alive, He; springs alive, 111sc
 Veal: Firm, 9a14c.
The Birmingham age-herald., 1912-12-15
Bank Statement

New York, December 1.-The state ment of the actual condition of clear ing house banks and trust companies for the week shows that they hold sS.074.650 reserve in excess of legal requirements. This is an increase of S5,059,450 from last weeks figures
 The statement follows in detail: Ac- tual condition loans s1,s39,325,00o, de- crease S7,735,000. Specie s296, 900, increase $S,276,0O0. Legal tenders ss2,- 5s1,000. increase $1,395,000 Net deposits S1,641, ,OS9, ,000 decrease S4,519,00O. Cir culation $46,964,OO0, increase s114.Oo0. Banks cash reserve in vault s319,634,- 900. Trust companie,' cash reserve In vault $59,473,000. Total cash reserve 3379,10S,000 Excess lawful reserve $8,074,650, increase s5,509,450. Trust company reserve with clearing house members carrying 25 per cent cash re- serve s45. .9S0,000. Summary of state banks and trust companies in Greater New York not included in clearing g house statements. loans s72.953, 200. de- crease s7,011,700. Specie s61,19S,000. de- crease $6,432,700. Legal tenders SS,32S,- 000, decrease $11s,sO0. Total deposits $6l5.70o.600, decrease $7,254,000
 New York, December 14-The Finan- cier will say:
 The clearing house banks of New York city made an exceptionally strong showing Saturday. the weekly report based on actual conditions having in- dicated an increase of $4,671, 900 in cash and an expansion of s5,059.450 in re- serve. bringing the aggregate surplus above the 25 per cent requirtment to SS,074,650.
 The gain in cash was larger than an- ticipated, while the decrease of ST. 735,000 in loans was smaller than the week S liquidation in the stock mar ket seemed to foreshadow Deposits fell off $4,519,o00 and this also strength ened the reserve position. The state ment figured on the system of daily averages reflected tine operations of the previous week rather than the pres ent, which accounts for the heavy de- crease of about s20, LOGO, 900 in loans and deposits reported. The gain in re- serve, taking the system of averages as a basis, was s5,539.000, making the present excess cash reserve $5.465. .45o.
 The weekly statement of trust com- panies, made independently of the clearing house statement, showed some rather interesting and unusually large changes, the loans of these institutions having decreased s16,53s,700, while cash fell off $S,641,S00. In view of the slackening crop movement of money it is only natural to infer that the reserves of the New York banks from this time on will show a rising tendency, although money promises to be firm well over the first of the com- ing year.
 Preparations for the January divi- dend and interest disbursements, the largest of the 12 months. are already under way.
 London Stock Market
 London, December H.-American secur- ;ties provided the sensation of the week
The Birmingham age-herald., 1912-12-15
Kansas City Grain

Kansas CIty, December If-Cash Wheat, No. hard, S3c; No 3, S1iaQtS4c; No. red, 9ascaS1 .03 No. 3, 9ocms1 Corn, No. 2 mixed, 461sc; No. ., 45c; No. 2 white. 47c; No. 8, 451ac. Oats, No white, 34q35c; No. mixed. 321z@33c. Close: Wheat, May, SAC; July, slAmS1ssc. Corn, May, 4e1sd46Ac; July, 46a4a467sc. Oats, May, sils I34l4c.
The Birmingham age-herald., 1912-12-15
Cotton Seed Oil

New York. December H.-The cotton seed oil market was inactive but steady today with narrow price changes. The de- mand was small. but the firmness in the crude position discouraged selling, all though moderate liquidation sent values off little and the close was to 5 points net lower. Prime crude, 527QI5 34c; prime summer yellow spot, 6.20d6 40c; December, 6.27c: January, 6.23e; February, 6.25c; March, 6.32c; April, 6.34c May. G.42c; June, 6.43c; July, 6.46c; prime winter yell low, 640d690c; prime summer white, 6. 50 Ql6. SOC. Sales, $500 barrels.
The Birmingham age-herald., 1912-12-15
New York Money

Washington, December 14.-At the be- ginning of business today the condition of the United States treasury was: Work ing balance $91, $50 34S in banks and Phil ippine treasury. s29,962, 0f1. Total of gen. eral fund. s124207,452. Receipts yesterday, S2,153, 69S. Disbursements Friday, $3,295,32S. Deficit for fiscal year, $i,91, ,461 against s22, T9,2 256 last year. These figures ex- clude Panama canal and public debt trausactions
The Birmingham age-herald., 1912-12-15
Sea Island Cotton

Savannah, December H.-Sea island cot ton receipts for the season. 2O.216. against i0159 last year. The market has been quiet but steady. Weekly quotations are: Fency Georgia and Florida, 25hc extra choice Georgia and Florida, 231ac extra fine Georgia and Florida. 2lKd22c: fno Georgia and Florida, 20u20iac: common, lSQil9c.
The Birmingham age-herald., 1912-12-15
Bonds
Treasury Statement

New York, December H.-Money on call easy. Time loans firm, 60 and 90 days, per cent. Six months, 51a and 5% per cent Prime mercantile paper closed ( per cent; sterling exchange firm, with actual business in bankers bills at $4 .Sl for GO day bills and at Si.S5.50 for de- mand. Commercial bills, s4.S0s4. Bar sill Yer, 6S7sc Mexican dollars, 491ac Govern ments bonds firm. Railroad bonds dull.
The Birmingham age-herald., 1912-12-15
READING LOSES
 NEARLY Z POINTS Union and Southern Pacific Drop Point Under Fri
 days Quotations

New York, December 14.-Diminish- Ing volume of business was felt in the stock exchange today. Most of the price changes were inconsequential. The tone at the opening was steady but the market was influenced unfavorable oy the ease with which some stocks yield cd on moderate offerings. Late in the session speculative favorites were of fered more freely and prices of num- Der of the standard issues went off.
 Selling was heaviest in Reading, which lost nearly two points. Union Pacific Southern Pacific, Lehigh Val ley, St Paul, Northern Pacific, Balti- more and Ohio and Amalgamated Cop per dropped a point under Fridays quotations. Trading was restricted by the usual reluctance to enter upon ex- tensive new commitments at the week end and also by the fact that specula tive sentiment is still confused and it Is yet to be shown whether the market has definitely recovered it's poise after the recent severe decline.
 Another restraining influence was the approch of the supreme courts decis- ion day. There was unusual activity for a Saturday in foreign exchange rates, demand rising 40 points. The movement may have been influenced by unfavorable adyices to the European financial situation. The effect of liqui- dation in stocks was recorded in the weekly bank statement in reduction of more than S20,060, 900 in average loans, although in the actual tabula- ton the shrinkage was only $7,735,0o0 Instead of the predicted small loss in cash there was gain of $4,600,000 and the excess reserve was increased by s5,000,000.
 BoAss were irregular and fluctua- tions Mere narrow. Total sales, par value, $a7O,000. Bonds of the United States on call were unchanged on the week.
The Birmingham age-herald., 1912-12-15
New Orleans Cotton Market

spot unchanged; middling. 127sc; sales, 340 10 arrive, 230, low ordinary, 9ho; ordinary. 10 5-16c; good ordinary, II 15-16c; strict good ordinary. g 3-16e: low middling, 12 5-16c strict low mid ding, 12 11-16c; strict middling, 13 1-16c; good middling, f3hc: strict good middling, 13 7-16c; middling fair 13Tsc nominal; middling fair 10 fair, 14Ac nominal; fair, 14c. Receipts. 8913; stock, 196,62L
The Birmingham age-herald., 1912-12-15

on the stock exchange. The decline or io points in Union Pacific without definite ly known cause beyond heavy New York selling put the market in state oi ehaos for a time. Fortunately, dealers here were principally spectators, but the mar | ket fears of continental selling, other sections to meet losses in the American department had little effect. Amercan copper and Canadian Pacific slumped | badly, but the rest of the list remainen comparatively quiet and closed rom to 6 points lower. Canadian Pacific lost and Union Pacific Il points.
 The general market was fairly steady l until the end of the week, when the con
 tinent developed nervousness on rumors of Austrian-Servian complications and other unconfrmed reports.
 Paris and Berlin sold heavily here to
 meet losses sustained through St. Peters,
 burg and Vienna liquidation. Russian, German and Turkish bonds and the con tinental favorites broke sharply, and
 home rails fell on reports of labor unrest.
 Consols declined 1ss points owing to con- tinental and domestic selling, dearer
 money and the announcement of an early
 issue of a s15,OO0,oOO new South Wales loan yielding per cent. Some repur-
 chases and the absence of confirmation
 of the Continental rumors helped slight
 recovery during the day, but the market closed very unsettled.
 Discount dealers raised rates sharply on
 the heavy gold exports. while continen-
 tai uncertainties made the directors of
 the Bank of England longer than usual
 in deciding on the bank rates, which was
 finally announced as unchanged. Pro
 vided there are no fresh continental de-
 velopments and the peace negotiations
 proceed satisfactorily, 6 per cent bank
 rate may yet be averted next week.
The Birmingham age-herald., 1912-12-15
St. Louis Produce

St. Louis, December H.-Flour dull. Hay steady; timothy, SIP. .5041s 50; prairie, s11d14 50 Whisky, s1.40 Iron cotton ties, 94c. Bagging, 10 3-16c. Hemp twne. Sc. Pork, lard dry salt meats and bacon un- changed. Receipts: Flour. 11.000; wheat, 146,000: corn. S4,0O0; oats. S70o0. Ship ments; Flour 9O0o; wheat, 75,0o0; corn. 2, ,000; oats, 32000.
The Birmingham age-herald., 1912-12-15
Creamery Products

Country butter, 25QI30c; fresh creamery butter, 40c; process butter, 3l1zc; daisy cheese, 19c imported Swiss cheese. 32c German brick cheese, 200; limburger cheese, 19c; imported roquefort. Bic; Neuf- chatel cheese. per dozen, 45c; Pimento cheese, per dozen, S1 40.
The Birmingham age-herald., 1912-12-15
New Orleans Rice Market

New Orleans. December 1.-The rice market was firm today. Receipts: Rough, 6433; clean, 1400 millers, 450S. Sales: Rough, ST Honduras at 3.Sla4. 65c: 95G Japan at 3.50li4. 06c; clean, 2Ss2 Honduras at 2S4a5hc 4s0 Japan at l1-l6c. Quotations; Rough unchanged; clean Honduras, 4m SAC; Japan 313@tc.
The Birmingham age-herald., 1912-12-15
Liverpool Cotton Market

Liverpool. December 1l.-Spot cotton easy; prices firm. American mid1lins fair. 769d; good middling 7.35d; mddlins
 7.i5d: low midding, 6.97d: good ordinary, 6.51d; ordinary. G.03d. Sales. 6oO0 bales. of which 509 were for speculation and eX- port and included 5so0r American. Re-
The Birmingham age-herald., 1912-12-15

ceipts. 25.Oo0 bales. including S100 Ameri- can. Futures opened firm and closed easy. December 6S9d: December-JaH- aary, 6.S7Iad January February, ...s6tsd; February March, GS5l5d; March-Aprll. 6.S4d; April-May, 6S3d; May-June, 6.S2d; June-July, 6.sOd; July-August, 6.77d; Au- gust-september. 6G7d; September-Octo- ber, 6.4Sd Oetober-November, 642d.
The Birmingham age-herald., 1912-12-15
St. Louis Grain

St. Louis, December 14.-Cash wheat, No. 2 red track. S1 .0501 .0S1s; No hard, S7d91c. Corn, No. 2, 461zQ47c; No. white,
 49p491ac. Oats, No. ?. S3lsc; No. white, 35a35hc Close: Wheat. May, 9O%e; July. S5ssdS5s4c. Corn, May, 47h47hc; July, 4SA
 4sssc. Oats, May, 33c; July, 33c.
The Birmingham age-herald., 1912-12-15
Fish and Sea Foods

Red snapper, 10c in bbl. lots: lie in small lots: groupers, 6c; spanish mack erel, 121zc; speckled sea trout, llhc: carp, roughs, Sc: mullet 6lsc; sun perch or bream. 10c' pompano. 20c; mixed fish, 7Ihc fin barrel lots: 7c in small lots: crock CTS. elsc; fresh water perch. slsc.
The Birmingham age-herald., 1912-12-15
Naval Stores

Savannah, Ga., December 14..-Stead- fly throughout the week prices of tur- pentine and rosln. in grades below K advanced despite predictions that they would continue very low for some , time. Turpentine closed today at 3SA c against last Saturdays close of 35 % 35 1sc. Sales for the week were 363s.
 Receipts were 470S casks as against SOTO for the corresponding week last year. Shipments were: Domestic 1727. foreign 9350 total 11,070 against 1644 last year. Stocks are 32,205 compared with 41,376 last year
 Rosin continued firm, grades below advancing from 200 to 45c. Sales for the week were 19,016 barrels.
 Receipts for the week were 23,154 against 16.S87 last year. Shipments, do- nestle 13,e07. foreign 3675; total IT, 5S2 against S090. Stocks are 156,1Ss as against 131,643 last year.
 Savannah, Ga. December 14.-Tur- pentine firm, 3SAc; sales 16s, receipts 597. shipments 199. stock 32,205.
 Resin firm, sales 1898, receipts 2609, shipments 599, stock 156,1S8.
 Quote: A. B, c, s5.S0@5.S5; D E. F. s5.s5 G. s5.S5@ c 5.90. Il. s5.S5@5.921s I. s5.s5; K. s6.35@6.45; N, s725; VIC, $735; wv, s745.