davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1913-08-10
SMALL OFFERINGS
FROM BEAR SIDE.
Bulls Make No Effort to
Support Market = Dry
Weather in Southwest

New Orleans. August 9.-The week end
session in the cotton market saw prices
go perilously near to the lowest levels II
this session on short selling. encouraged
by the hope of rains in the western belt
over Sunday. Bulls made no effort to sup
port the market and values fell away
Under moderate offerings from the bear
side. The only support came from sellers
of the earlier part of the week, who
wanted their profits over the week end.
At the opening the tone was steady and
prices were to Sspoints down on poor Ca
bles and cloudy weather over the belt.
with rains indicated in the central portion
which bears consider We're apt to extend
westward. The forecast of cloudy and un-
settled weather for the western belt and
a storm warning for the Texas coast as
the result of disturbance to the north
west of the cotton region, increased Of
ferings and the market gradually fell OF
until, late In the morning, the trading
months were 16 to II points under the last
quotations of yesterday. The market
closed barely steady at net loss of 10 to
f3 points
Official weather reports noted generally
dry and hot weather over Texas and okla
homa, and crop accounts from those two
states were diseouraging, but neither OF
these features stimulated buying. Bulls
allowed the market to take care of itself.
New Orleans Cotton Futures
The Birmingham age-herald., 1913-08-10
New York Cotton Futures
Port Cotton Movement

Galveston: Quiet; middling, 11Ac; net re-
ceipts, G61; gross receipts. 661; sales, 1910;
sotck, 21,201; coastwise, 1873.
New Orleans: Quiet middling, 117kc; net
receipts, 334; gross receipts, 1884, sales, u;
stock, 1872; Great Britain, 600; Mexico, 500.
Mobile: Quiet; middling, 1ssc; net re-
ceipts, 5; gross receipts, 5; stock, 2126.
Savannah: Steady middling, 11%c net
receipts, SO; gross receipts, SO; sales, 100;
stock, 1888; coastwise, so.
Charleston: Nominal; net receipts 1843
Wilmington: Nominal; stock, 1886.
Norfolk: Steady; middling. 12c; net re-
ceipts, 1874; gross receipts, 1884, sales, 331
stock, 1884; eoastwise, $50.
Baltimore: Nominal; stock, 347S.
New York: Quiet; middling, 12c net
receipts, 8; gross receipts, S72; stock, "a,
242
Boston,: Quiet; middling, 12c; gross re-
ceipts AIS; stock, $3.50
Philadelphia: Steady; middling, IL 25c;
stock $685.
Texas City: Stock, $50.
Brunswick: Stock 5471.
Jacksonville: Stock, $780,
Total today at all ports: Net, 1896;
Great Britain, coo; Mexico, 500; stock,
141,925.
Consolidated at all ports: Net. 1896;
Great Britain, 600; Mexico, 500
Total since September 1 at all ports: 49,
s1251S; Great Britain, 3, 4S6, ,964; France 964
456; continent, 1885, ,652 Japan, SS4,357; Mex
leo, 17,143.
Corrected.
The Birmingham age-herald., 1913-08-10
SHARP DECLINE IN
COTTON MARKET
Prices Sell Into New Low
Ground for Movement.
Close Steady

New York, August 9.-Prospects for
better weather in the southwest caused
a sharp decline in the cotton mar
ket today with prices selling into new
low ground for the movement Cover
ing caused slight rallies in the late
trading and the closing tone was steady
but last prices were 13 to 20 points
net lower Local map readers noted the
presence of a broadening low barometer
over the southwest and private pre-
dictions of showers based on this de-
velopment We're confirmed by the Off
cial forecasts which called for unsettled
and showery weather in west Texas,
Oklahoma and Arkansas, with increas-
ing cloudiness for east Texas. More
over. heavy rains were reported in
western Louisiana, which seemed to be
pretty near the drouthy section, the
map confirmed yesterdays private re-
ports of rain at Galveston and showers
were shown at couple of points in the
Texas Panhandle. On the whole, con-
sequently more favorable opinion
prevailed as to southwestern prospects
and recent buyers on drouth and de-
ASi AOAoeAoll AtPOi 10 MSiC CACAihSN WIN
selling activity this month.
The Liverpool market showed no spe-
cial feature. but the cables were a
shade lower than due If anything, and
the local opening was steady at an ad-
vance of points on August. but gem
orally 6 to points lower.
There was some buying attributed to
trade interest at the start as well as
scattered covering of the sort noted
yesterday afternoon but the market
quickly weakened and during the mid
die of the morning sold 13 points net
lower on August and from 10 to 20
points below the closing figures of yes
terday on new crop positions. Decem-
Der contracts touched 10.92c or a couple
of points under the lower price of last
Tuesday, while January broke to 10.g1c.
or even with the low level of last
April, and the lowest price reached
since that position sold at 11.67c during
the middle of June. Realizing by re-
cent sellers was very heavy at the de-
cline but the market was nervous and
unsettled durig the entire morning.
The Birmingham age-herald., 1913-08-10
Hubbard Bros. & Co.'S Letter

New York, August 9.-(speciaL) Liver
pool only partially responded to our 49,
vance here and on the publication Of the
weather map the trade assumed that
there would be predictions of at least
showers by the government today.
On this belief. which proved true. for
Oklahoma and Arkansas, the market sold
off some 20 points.
The temper of the trade is more bearish
than ever. They believe there will be no
investment demand to meet the coming
receipts and that spinners will therefore
buy only slowly on a declining market.
There is no change In the temper of the
market from the view the traders have
held for the past eight months and which
is increased by the situation in Washing
ton.
Meanwhile the consumption is the
largest on record and supplies are at low
point, so we need large crop.
The Birmingham age-herald., 1913-08-10
PROFIT TAKING ON
AN IMMENSE SCALE
Backset in Corn Prices Aft
er the Opening Bulge.
Nervous Close

Chicago, August 9.-Proft taking on an
immense scale by owners of corn brought
about backset in prices today after an
opening bulge due largely to the govern
ment report, The market closed nervous
at range of 1sc lower to &c up, COM
pared with last night Wheat finished &c
to AQssc down, oats sfQ&4c and provisions
showing a decline of 5 to soc.
Sellers of corn were influenced in a
great degree by an official forecast that
the drouth in the southwest would be ut
least partially broken before Monday On
the other hand, the continued excessive
with the government report in not only
producing an excited advance at the out
set, but in furnishing a basis later that at
certain limits gave support to the huge
quantities of corn sold out
Belief that all the damage actually done
SO far to the corn crop had been dis
counted by previous advances in the mar
ket formed decided factor today in shap-
ing the course of prices. This opinion
made itself especially manifest after Sep
tember had been rushed to rs cents, new
high point LOT THE season. I0eTe was Idik,
however, that the September delivery was
congested and might yet be subjected to
an uncomfortable squeeze.
Bearish estimates from Washington and
beneficial rains in the spring crop region
weakened wheat Another element against
the bulls was the news that the stock on
hand at Kansas City had reached the
largest total ever known. The decline
was checked by active buying commits
sion houses with resting orders that
seemed to be without limit as to amount.
Primary receipts of wheat today were
1,6I5000 Bushels: year ago, 1,332,000 BUSH
els. eSaboard clearances of wheat and
flour equalled $4,000 bushels.
Oats sagged under unloading resulting
from the bearishness of the government
report. Particular stress was put on the
circumstances that farm reserves are the
biggest on record.
Provisions gave way because of the
break in coarse grain. Free selling by the
chief longs more than offset the effect of
higher prices for hogs.
The Birmingham age-herald., 1913-08-10

al. 10; yearlings. s5.25@s.1 10; lambs. native,
S.. .50g7. so.
Kansas City, August 9.-Hogs: Receipts,
2500: market 5s higher. Bulk, S4OaS.Io;
heavy, $S.50QS.55 packers and butchers,
81. .4olS rs; lights sS 4OdS.So; pigs, $6.50q7 90.
Cattle: Receipts, 100; no southern; mar
ket steady Prime fed steers, $S 4OnS.75;
dressed beef steers, s7.2S@S35; western
steers, $GQS; southern steers, s4Soq7.l0;
COWS. $95oq6.25; heifers. s4.5oQS.5o; stock
ers. s5a7.75.
sheep: Receipts, 500; market steady.
Lambs. $6az25; yearlings, A5Oq5.5H
wethers $4a4.75; sewes, $S5oQ4.25; stockers,
s.. .50q4.
st. Louis, August 9.--Cattle: Receipts,
500. including $50 Texans. Choice to firm
steers, sS@9; good to choice steers; $7.25QS;
dressed and butcher steers. $o.5OQ725;
stockers, $5.25@7.50; Texas steers, .S6.2o9
7.75; Texas cows and heifers, $4.25q6.50.
Hogs. Receipts. 29oo Pigs and lights.
S. 50d9 90: mixed and butchers, $S.75q9.lo;
good heavy, sS.70QS.s0
Sheep: Receipts, 500. Muttons, $3.25Q425;
yearlings, $5@6; lambs, s5.50Q735.
Louisville, August 9.-Cattle: Receipts
25O: market closer. Range, s2.50@7.75.
Hogs: Receipts. 14Oo mostly &c higher
Range, $5d9.15.
Sheep: Receipts, 1000; lambs, first period,
firm. &c down; sheep, SAc, closed SIC off.
The Birmingham age-herald., 1913-08-10
UNTITLED TONNAGE
SHOWS DECREASE
Bank Statement Throws Lit
tie Light on the Weeks
Monetary Operations

New York. August 9.-The two hour
session of the stock market today was
devoid of developments. Reports from
trade authorities indicated continued lr-
regularity in various lines of business,
varied greatly and thereby an underlying
feeling of optimism.
A few noteworthy railroad returns were
submitted, especially that of the Erie,
for the fiscal year, Its net income increas-
ing by over $4,oO0,000, with a surplus gaia
of s3,9O0,O00. Wabash reported a new in
crease for the year of S1,S5o,000.
From the sluggish movement of leading
stocks. mainly downwards, 1t was inferred
that more sober consideration of yester-
days crop report, with its brilliant prom
Use for wheat, did not altogether allay
alarm for other staples. although grangers
were singularly insetive. Hartman
shares shares We're under steady pressure,
likewise Reading and Smelling, while
specialties like International Paper pre-
ferred, Virginia-Carolna preferred, Mexi-
can Petroleum and American Express fell
to points
Untitled tonnage figures for July as sub
mitted by the United States Steel corpor.
alton after the close of the market showed
a decrease of practically 40S coo tons an
marked the seventh successive monthly
EtuutllON lilS year. Ile volume DuSl-
ness reported today-5, 399. 1856 tons--is ovel
500. 900. 900 tons less than that of a year ago
The bank statement threw little light or
the weeks monetary operations, actua
loans increasing s5.64O,000. while the easf
gain of $1,157,000 was below most esti
mates.
Bonds were irregular. Government is
sues advanced from 4 to / per cent OF
call on the week Total sales, par value
were $532.0o0.
Or Octag0n?
Lord Derby is busy arranging the de.
tails of the visit that KKing George anc
Queen Mary are to pay to some of the
Lancashire towns next month.
These progresses are, from the royal.
ties point of view, rather monotonous
and their majesties will probably be
thankful when they get to the end Of
their eight days of receiving addresses
making speeches and examining factories
Occasionally royal progresses are bright.
ened by little incidents that occur by the
way. For instance, during their tour last
April the King was watching a clever
workman making some special kind OF
pottery, and he asked a number of ques-
tions about the work.
81 suppose you make these vases IN
various shapes?" he inquired.
"Yes, your majesty" answered the pot
ter, rather fiustered by the amount OF
royal attention he was attracting: I'VE
makes 'em in round, square and oxy-
gen.
The Birmingham age-herald., 1913-08-10
DESERTED WYOMING TOWN
Woman Only Survivor in Place Where
Wister's 'Virginian' Met Trampas

The romance OF a deserted town came
to light a few days ago, when Mrs. John
West, aged 72 years, was found i'll in a
shack few miles from Medicine Bow
Wyo., and was taken to a Rawlings hos
pital. where she is slowly dying.
Mrs. West is the sole survivor of the
once fiourishing town of Carbon, and, ac-
cording to the editor of the Medicine Bow
Times, once a cowpuncher himself, was
faced Trampas in a game of cards. When
the Virginian who was the hero of Owen
Wister's novel mixed the babies at the
ranch dance not far from Carbon, says
the New York Times.
1t is said by some that 1t was In Car
bon Hall, large building which still
remains standing, that the Virginian
faced Trampas game of cards. When
Tryampas called the virginian a vile
name the Virginian drew his pistol and
laying it on the table sad:
when you call me that, smile''
Back In the sixties, when the Union
Pacific built its first road across the con-
tinent and coal could not be had nearer
than 1000 miles, 1t was know ithat there
were beds Of coal at Carbon, and all
haste was made to get the road COM
pleted to that point in order that the
coal beds might be opened to commerce
Many adventurous spirits came with
the first settling of the country which
at that time was the home of the Indian.
While the sound of the hammer which
drove the spikes along the railroad could
still be heard, men, women and children
appeared to take possession of the coun-
try.
With the increase of cattle and horses
cowboys and ranchers increased, and the
district became noted for lawlessness.
Many boys who went from the east to-
seek their fortunes in this land died with
their boots on.
Meanwhile the country had been ex-
plored and new coal beds located at a
place afterward called Hanna The
Union Pacific found it could straighten
its tracks by way OF Hanna. thereby
shortening the distance between New
York and San Francisco and saving val
liable time Carbon was not to be con-
sdered when the interests of the trav-
cling public were at stake. The tracks
v-ere taken up and Carbon was left to
its fate.
The Birmingham age-herald., 1913-08-10
TENDENCY OF STEEL
PRICES DOWNWARD
Rail Orders Confined to
Miscellaneous Small Lots.
About 100000 Tons

New York, August 9.-New orders for
rolled steel products came to the mills last
week at the rate of s5 to 50 per cent of
total capacity. Specifications on old con-
tracts for steel plates, shapes and bars
were not sufficient to keep up the general
average. The tendency of prices was
downward. Concessions were made on
marine plates in the eastern sheets con-
tinued easy with more mills aggressive
for business. Car shops and railroad
brought some structural shapes and bars
to cover old contracts, but new buying OF
railroad equipment was light. Rail orders
were confined to miscellaneous small lots
aggregating 10000 tons. Car orders were
insignificant. and locomotive shops re-
oeived orders for only "a engines,> includ-
ing one for the Pere Marquette and eight
for the Cuban Central railways. The Can
adian Pacific, however, asked for tenders
on 80 engines and the Norfolk and West
ern railroad on ten.
The Lehigh Valley bought 900 steel un-
derframes and the car builders are figur-
Ing on about COCO cars, including $500 for
the Northern Pacific. The rail inquiry for
1914 rolling stock is estimated at 100000
tons, but few of such contracts are eX-
pected to be closed in the next 60 days.
Steel building and bridge orders were
very disappointing, the total calling for
scarcely 5000 tons of fabricated shapes
The July orders of the United States
Steel corporation subsidiaries were 407,o6l
tons less than shipments, the latter being
estimated at 100000 tons, indicating new
orders at the rate of 90 460 tons per day for
the 26 active days in July. Unified orders
July 81 were 5,399356 tons.
Sales of pig iron aggregated about 100000
tons in all sections including about 10000
tons additional of basic iron sat minimum
prices. The higher prices asked for foun-
dry iron confined new business within mar
rover limits. The feature of the week
was the numerous small sales. The July
ouput was sharply curtailed by steel COM
panies and merchant furnaces. but some
of the decrease was due to the holidays
early in the month.
The Birmingham age-herald., 1913-08-10
Coffee Market,

New York. August "A sharp advance
in Europe and reports of higher cost and
freight offers from Brazil inspired an
opening advance of from to points
in coffee. Active months sold II to Is
points higher during the early trading,
making new high ground for the move
ment. However, there was renewed liqui-
dation of near months and the market
weakened in the late trading. Close
steady August S.60c; September, s.67c;
October, ste; December. S.97c; January,
9.06c; March, 9.26c; May, $3.50; July, Sale
Spot steady; No. 7 Rio, 9hc; No. 4
Santos, 11Bc; mild dull; Cordova, 100
161kc.
Havre 1A@1h franc higher. Hamburg,
1A@1h pfennig higher. Rio and Santos
unchanged. Brazilian receipts. 72,o00
against 5000, last year. Jundiahy re-
ceipts, $1,000, against $4,000. Santos cables
reported the market so reis higher at 5sx
500; Sac Paulo receipts, 63,00o against $1,000
yesterday.
The Birmingham age-herald., 1913-08-10

Is likely to operate against a ready alb
sofption Of early new crop receipts and
predict that spinners will buy sparingly
until the stability of holders has been
thoroughly tested.
These views, according to local bulls,
may not take sufficiently into eonsidera-
ton reduced old crop supplies. peace in
the Balkans the comparatively low gov
eminent reports so far issued and the
increasing financial independence of the
south, as ali aid to slow marketing, while
toward the end of the week the continued
dry, hot weather in Texas seemed to be
attracting increased attention.
The Birmingham age-herald., 1913-08-10
Interior Cotton Movement

Houston: Quiet; middling. 11%c net
receipts. 2861; gross receipts, 1861
shipments. 20S4 sales, 1905; stock, 27.-
70S.
Augusta: Steady; middling, 12c; net
receipts, 80; gross receipts, so; ship
ments, S27; sales, 27 stock, 9197.
Memphis: Steady; middling, 11%c;
net receipts, 8; gross receipts, 326; ship
ments, 1924; sales, 1915; stock, 16,1S1.
ST. Louis: Dull; middling, 12c; gross
receipts, 100; shipments. 90S; stock.
86S2.
Cincinnati: Net receipts, 175; gross
receipts. 175; shipments, 450i sales, 400;
stock. 23.19S.
Little Rock: Quiet; middling. II % c;
net receipts, 6; gross receipts 6; ship
ments, 2; stock, 1894.
Greenville: Steady; middling, 12c.
Totals today: Net receipts, 3149; gross
receipts, 1867; shipments. 1890; sales,
2707; stock, $3.50
The Birmingham age-herald., 1913-08-10
London Stock Market

London, August 9.~Stocks We're fairly
steady today, but trading was inactive
and traders were principally concerned
with arrangements for the mining carry
over Monday next.
American securities opened steady and
after a series of irregular movements
closed steady, with prices ranging from
l IA above to "a point below yesterdays
New York final quotations.
Consols for money, S3ss; consols for ac-
opunt, 1874; Illinois Central, 11034; Louis
Vile and Nashville, 13S; Southern Railway,
259s. Bar silver steady, q 3-16d Money,
2s4@3 per cent. Discount rates: Short
bills. 3AQSB per cent; three months, $50
per cent.
The Birmingham age-herald., 1913-08-10
Fruits and Prnduce

Apples, new, s1.5O@a; Florida Valencia
oranges, So; California oranges, s. box;
lines, 81 per 100; Irish potatoes, $1.10 per
bushel; sweet potatoes, Dooley, s1.50@1. rs
hamper; onions. red globe. 21ac per
pound; lettuce, s1,5o@25o per crate; Gu
cumbers, per crate, s1.75; tomatoes, Flor
ida. S2.25@2.75; cabbage. Virginia, SIC lb.;
new Texas onions, crate, $1.50; beans, per
hamper, $1.25@1.50; peaches, $2.50@3 crate;
squash, per hamper, $1Q1.25; cantaloupes,
s2.50@3; watermelons, 15@25c; peppers, per
crate, $1.50d2; lemons, box of $50, $6a6.50;
Okra, $2M250 hamper. Pears. per box,
S3, Plums, 81. Georgia canteloupe, $3.50
Louisiana canteloupe, S250Q3.
The Birmingham age-herald., 1913-08-10
IiyerpOOl Grain

Liverpool, August S.-Spot wheat steady;
No. / Manitoba, rs 916d. No 2. rs 51kd; No.
8. rs 21ad. Futures quiet; October rs 11Md;
December, Is I'D. Corn, spot steady.
American mixed new, 6s 3D. American
mixed, new, kiln dried nominal; Ameri-
can, old, mixed, 6s Cd; American mixed
old, via Galveston, IS Sd. Futures easy:
September, La Plata, 4s 113sd; October, La
Plata, 5s 1ad.
The Birmingham age-herald., 1913-08-10
Liverpool Cotton Market

Liverpool, August 9.-Cotton, spot dull
and steady. Middling fair, 706d; good
middling, 6.73d; middling, 6.46d; low mid
ding, i6.26d; good ordinary, 7.54d; ordi-
nary, 540d. Sales 5000, including 2400
American and 200 for speculation and ex-
port. Receipts 1000, including 1900 Amer
ican. Futures closed quiet August, c.19d
August-September, GID; September Octo-
Der, 603d; October-November. 5.99d; Nov
ember December, 5.94d; December-Jan-
uary, 5.94d; January Februay, 595d; Feb
ruary- March, 5.9G1ad; March-April. 5.9Sd
April-May. 599d; May-June, Cd; June
July, Cd; July August, 5.99Hd
The Birmingham age-herald., 1913-08-10
Hubbard Bros. & Co.

Cotton, Merchants, Hanover Square. N.
Y. Members New York Cotton Ex-
change, New Orleans Cotton Exchange,
New York. Produce Exchange. Asso-
ciation. Orders solicited for the pur-
chase and sale of Cotton and Cotton
Seed OIL for future delivery. Special
attention and liberal terms given for
consignments of spot cotton for de-
livery Correspondence invited.
The Birmingham age-herald., 1913-08-10
New Orleans Rice Market

New Orleans, August 9.--Rice: Rough
Honduras, very strong; Japan nominal;
clean Honduras strong; Japan steady
Quote: Rough Honduras, 4.4504 soc; clean
Honduras, 4A@6a4c; Japan, 2AQ31ac Re-
eeipts. 2SO1; millers, 1882; clean, none
Sales: Rough Honduras, 1871 sacks new
at 4.400l4 soc: Japan 1888 at 2laa6s4c ia
pan, 800 at SIC.
The Birmingham age-herald., 1913-08-10
When Young Hostesses Talk

From the st. Louis Republic.
The charming young hostess arises and,
bowling, says:
LAS I explained privately TO few of
you laoies before the rest arrived, 1t Is
too bad that Miss Jones. who was to
come from Boston. to sing for us, will
not be with US this afternoon" (And
then sweetly smlling) "But we must
make the most of our disappointments.
so 1 have asked Miss Smith to give us
a selection on the piano."
The Birmingham age-herald., 1913-08-10
Cotton Seed Oil

New York. August 9.-The cotton seed
oil market was slightly lower, owing to
the decline in lard and cotton but offer
ings were very light on the decline and
the undertone was steady, closing | to
10 points net lower. Prime crude nomi-
nal; prime summer yellow, &c; August,
9.02c September, &c; October 79Sc No
vember, 6.99c; December. 6.76c; January.
6.73c February, 6.70c; March, 6.73c Prime
winter yellow and summer white, 9.2Oc.
The Birmingham age-herald., 1913-08-10
Flour and Breadstuffs

Self rising flour, $3.50; Tennessee flour,
So; Oklahoma flour, IS; pure wheat
shorts, $SS; pure wheat bran. SIS; C. s.
huls per ton, SIG; prime C, S. meal. per
ton, s35; c. s. feed meal. per ton, $50:
No. timothy hay, per ton. s23; mixed
alfalfa and Johnson grass, per ton. $50;
sack, $50; alfalfa hay, per ton. $22; john
son grass per ton, SIG; mixed feed. $34
oats, 5Sc bu.; corn, 96c.
The Birmingham age-herald., 1913-08-10
Dry Goods

New York. August 9.-Cotton goods
trading is steady but of light volume for
contract delivery. Jobbers had a good
week, retailers showing a conservative
buSing disposition, but being compelled
by their light stocks to operate i'm all
departments. Linens are firm. Burlaps
are very stiff and jute is quoted at high
water mark.
The Birmingham age-herald., 1913-08-10
Bonds
Treasury Statement

Washington, August 9.-The condition of
the United States treasury at the begin
ming of business today was: Net balance
In general fund, S131 ,521696; total receipts
yesterday, 81, 1872 753; total payments yes
terday, $2,93s,57l deficit this fiscal year,
$9,710,42 against a deficit of $465,4l9 last
year, exclusive of Panama canal and pub
Lie debt transactions.
The Birmingham age-herald., 1913-08-10
Poultry and Eggs

Hens, per pound, 1SQ14c; fryers, 1%@
~ lbs. average, 1S0p19c; fryers less than
ID. and under 11s pounds average, H.,
ducks, 13c pound; guneas, 30c, roosters,
30c geese, 40450c; live turkeys, 15c; fresh
eggs, case candled. 17d1Sc; extra graded
candled eggs, 21c.