davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1913-08-17

This is not addressed to the idler, nor
to the man who is perfect in his own eyes
or wise in his own conceit. He will not
see how man may talk with himself
and gain benefit from the result
But the man or woman who will sub
nit himself or herself to candid self
examination. who will admit that investi-
eating may, like charity, begin at home,
will see that sef-probing is far better
oftentimes than investigation of ones
neighbor.
The idea is not new one, but it has
been somewhat obscured in recent times.
Long ago the Good Book expressed 1t in
| the well known saying about the beam in
ores own eyes and the mote in that of
ones brother.
Sooner or later" says an editorial
writer, "every necessary evil becomes
unnecessary"
We hear too much of necessary evils"
II every one who uses the phrase were to
do something to abate them the world
would soon be rid of some of it's worst
ills.
Ever since the cave man looked upon
the great saber toothed tiger as an inev-
table Fart of his existence, to be avoided
If possible but not to be exterminated,
men have been afraid to tackle their
problems manfully.
And the problems live. When they final
ly go at them men find them not so hard
to solve as they have feared.
If we really sat down to think hard
about some of the things which afflict
modern civilization such as the presence
of disease ana immortality and selnshness
and the unequal distribution of wealth,
we should sind way to make these nee
essary evils unnecessary.
A few centuries ago there were in Eng
land about l5o offenses against the law
punishable by death. Now there is one.
One hundred years ago the mentally af-
flicted We're treated as criminals. Instead
Of getting medical care which they need
ed and which they receive now, they were
fastened up in straight jackets and left
to suffer the horrors of hunger and thirst
and darkness. I.unacy, you see. was a
necessary evil, to be treated as such. not
as something TO oe cured. We have abol-
ished that and we are on the road to the
prevention of insanity.
one necessary evil going.
We have been hearing much of the
reclamation of girls and women who
go wrong. There will come time
when they viii no longer be REGARDED
The Birmingham age-herald., 1913-08-17

as necessary evil when the same
spirit which freed the lunatic from the
charge of criminality Will treat these
unfortunates as victims of causes out
side of themselves
So will another necessary evil be
eliminated.
In spite of pessimism the world does.
advance in Righteousness. The pessi-
mist Is wrong in looking only at the
cloud. The optimist proves his shall
lowness sometimes by seeing only tho
silver lining.
Better than either is the meliorist,
who holds that the world is advancing,
slowly perhaps, but no less surely, in
the ways of right and justice.
The Birmingham age-herald., 1913-08-17
Her Good Fortune

fTOu TUCK.
Sapsmith--"I wondah how 1t comes that
Miss Swift is always out when | callg'
Grimshaw-"Oh, l guess it's just her
lucll,'
The Birmingham age-herald., 1913-01-12
FEATURELESS DAY
|NCOTTON MARKET
Early Decline Is Practically
Recovered But Day Is
Quiet

New York, January 1.-THE cotton mar
ket was comparatively quiet today, but
an early decline was practically recov-
cred with the close steady at a net loss of
only / to 3 points.
The market opened steady to a decline
of 4 points and sold off to a net loss of
about 3 points on January and from to
10 points on later months during the early
trading. This decline reflected scattered
realizing or liquidation by recent buyers
for a turn and some local pressure en-
couraged by relatively easy cables. a less
favorable view of the Balkan situation,
continued talk of larger shipments here
from. the south, partly for delivery on
contract.
There was no sign of any weakness in
January, however, while trade interests
were liberal buyers of the spring months
ana the market soon steadied up with
January leading the advance on covering
of shorts and showing a tendency to in
crease it's premium over the latter
months, The close was within a point or
two of the best
1t was reported that a considerable
amount of cotton had cleared from Gal
weston for New York yesterday, the bulk
of which was taken to be for forward
shipments to eastern mills or export. Pri-
yate cables attributed the setback in Liv-
erpool to realizing in a narrow market
and some American selling.
The Birmingham age-herald., 1913-01-12
PRICES DECLINE
IN CHICAGO PIT
Fluctuations Narrow and
Volume of Business
Moderate

Chicago, January 11.-Todays prices for
grain after the bullish debauch of the
two previous sessions declined moderately,
as did provisions. Fluctuations were
rather narrow and the volume of business
moderate.
a heavy snowfall in Kansas preceding
the predicted cold and the prospects of
large shipments from Argentina were bear
factors in wheat. Belief that shorts had
pretty well eliminated themselves during
the previous two days also worked against
prices. At the close May was 1sc over
the bottom but lsa14c under yesterday.
Corn opened sharply higher, but it soon
developed that this was due to bidding
by scattered belated shorts, who missed
the bull band wagon yesterday. On the
modest decline which ensued considerable
corn was worked for export, lending a
firm undertone to the market Shippers
are finding difficulty in meeting the de-
mands of export buyers for early ship
ment. owing to the non-consummation of
earlier sales.
Trade in oats was chiefly of an evening
up character, typical of week end ses-
sions. May closed 1sc down.
Provisions declined in sympathy with
hogs, meeting good demand at the lower
level. Final quotations were 7tse to Pic
under yesterday, but at the top for the
day.
Future quotations were as follow:
The Birmingham age-herald., 1913-01-12
London Stock Market

London, January 1.-THE stock market
was much quieter during the week with
a reactionary tendency at the end, owing
to the revived uneasiness regarding the
continental political outlook. This factor
caused realizing which wiped out much
of the earlier Improvement. Local and
continental spectators increased their
commitments early in the week, taking
an optimistic view of the peace negotia-
tions; but the suspension of the confer
ence and the controversy between Rou-
mania and Bulgaria later caused profit
taking and a sagging tendency replaced
the earlier firm tone. Copper shares were
weak features on the large increase in
stocks and pressure from America. In
the investment section business was good
in Argentine rails and gilt edged securi-
ties yielding 4 per cent and upwards,
while large dividend disbursements were
competed for by colonial and foreign bor-
rowers who offered good securities paying
per cent or more. The new loans placed
during the week totalled nearly s250O0 006.
Consols were supported by government
purchases and closed unchanged.
American securities started well on
cheaper money, but the gold shipments
to Paris, the money trust Inquiry and ex-
rectations of various supreme court de-
els ions unsettled the market which closed
weak and from / point higher to points
lower than last Saturday.
The Birmingham age-herald., 1913-01-12
live Stock Market

Chicago, January 11.-Cattle-Receipts,
500; market weak and dull; beeves. $500
$50; Texas steers, 81. 1906. 50; western
steers, IS 6Od7. 30; stockers, 81. 60@7 50;
cows and heifers, 81 .S5at7 80; calves. s7Q
1915
Hogs-Receipts, 1900; market dull, 100
15c down; light, 81. 1907 .S719; mixed, 81 l5@
7.4o; heavy, 81. 40Ql7. 40; rough, Sa7 10; pigs,
81. 15d7. 40: bulk of sales, 81 .25q7 .35
Sheep-Recepts, $500; market firm; ma
tive, s.. .75d6 25; western. s4.S5q6. 2 year.
lings, SC. 1905 80; native lambs, $6.Soa9 %;
western, $7Q9.25.
st. Louis, January 11.-Cattle-Receipts
25O0. including 800 Texans; market steady;
choice to fine steers, IS. 1893 80; good to
choice, $7.50aS rs; dressed and Oklahoma
steers, s.. .25@S; Texas and Oklahoma
cows and heifers, 50 65q5; fancy COWS,
Sc 5ea7 60; calves, $4a6.7o.
Hogs-Receipts, 4S00; market, loc lower;
pigs and lights, s6.75@7.5o mixed and
but chers, 81. soar so; good heavy, 81. 400
1850.
Sheep-Receipts, 400; market steady;
muttons, $500. 10; yearlings, s7as. 40; lambs.
Sc. .35q9.Z5.
Kansas City, January 11.-Cattle-Re-
ceipts, 400; market had no southerns; firm
Hogs-Receipts, 5000; market 2oc down;
sales in bulk, 1907 %; heavy, 81. 2od7.3o;
hackers and butchers, S.15Q7. %; light,
s707.20; pigs, s6@6.75.
Sheep-None.
louisville January 11-Cattle-Reoeipts
200 closed strong; range, $2qS.5o.
Hogs-Receipts, 400; market 1oc off;
range, s4.5017.40.
Sheep-Receipts, 25 sheep, 3hc lower;
lambs 61hc off.
The Birmingham age-herald., 1913-01-12
STOCKS CENTERED
IN COPPER GROUP
General List Shows Fair
Strength Early in Session
But Drops Later

New York, January 11.-Operations in
stocks again centered in the copper group
today. The cumulative effects of the dis
appointing monthly statement of copper
metal stocks and reports of price shading
were heightened by the sale of large
amount of the metal at around lie, as
compared with the official rate of 17s4c.
The copper issues were the especial OBJ
ject of the bear attack and proved vul-
nerable to pressure with Amalgamated
displaying most marked weakness.
The general list showed fair degree of
strength early in the session, but the
tone gradually dropped away under the
influence of the movement in the coppers.
Steel displayed heaviness, and in the
railroad department the coalers and Gould
stocks weakened. The movement of the
market as a whole was, however, not
large, and the trading was of limited size.
Large changes were disclosed in the bank
statement, conspicuous among them be-
ing a loan increase of $50, 900 900 shown in
the actual tabulation. 1t was considered
that this change represented a shifting of
loans from out of town banks to city in
stitutions on account of the decline in in
terest rates to a point too low to be at
tractive to the out of town banks. About
half of this shifting of loans, 1t is es-
'timated, occurred within the last two days
as was indicated by the fact that in the
average loans we're slight in increase.
Tho expected large gain in cash did not
exceed s21,000,00o. The increase in loans
and the cash gain were reflected in the
expansion of $S4, 100000 in deposits Mer-
camille agencies reported that business in
nearly all departments continued very
satisfactory, and that there was more life
In trade. Bonds were quiet aud easy.
Total sales, par value, 81, 43S, oo0.e Bonds
of the United States on call were un-
changed on the week.
The Birmingham age-herald., 1913-01-12
New York Cotton Futures
Port Cotton Movement

Galveston Steady; middling, 12 11-16c;
net receipts, 1928; gross receipts, 1923;
stock, S97.H4; exports to Great Britain,
6977.
New orleans: Steady; middling. 12Ac;
net receipts, 5194: gross receipts, 5215;
sales, $50; stock 1s5,06S, exports to the
continent, 1900: coastwise, 10
Mobile Quiet; middling, 123sc; net re-
cepts, S59: gross receipts, S59; sales, 1l5;
stock. $685. coastwise, ?.
, Savannah Steady; mddling, 12Ssc; net
receipts, 1914; gross receipts, 1874; sales,
545; stock, 147,Ss7; coastwise, 140
Charleston: Steady; middling, 1215c; net
receipts, AIS; gross receipts, AIS; stock,
37,643.
Wilmington: Nominal; net receipts. 31s;
gross receipts, 316; stock, 1881; coast
wise, 500.
Norfolk: Steady; middling, 12%c; net re-
ceipts, 1869; gross receipts, 1859. sales,
1926; stock, 72, 1853; coastwise. 1877.
Baltimore: Nominal; middling, 13c;
stock, 6S56.
New York: Quiet middlng, 13.10c; net
receipts, 431; gross receipts, 1855: stock
los, 4f2; exports to Great Britain, 6443
coastwise, 1901.
Boston: Quiet; middling, 310c; net re-
ceipts, 421; gross receipts, 9S42: stock, 49,
1863
i'HldutipHldE Oltduys fillhulinHs lo.oOCl
net receipts. Al; gross receipts, 109; stock
1924.
Brunswick: Stock, e521; exports TO Great
Britain, 1884.
Texas City: Net receipts, $50; gross re-
celpts, $50; stock, 46.Qli
Aransas Pass: Stock. ISL.
Jacksonville: Net receipts 1872; gross
receipts. 1872; stock 1885.
Newport News; Net receipts, 1880; gross
receipts, 42so coastwise, 1880.
Total today at all ports: Net, 24,91S;
exports to Great Britain, 26,774; to the
continent 1900; stock. 1,Os5,213.
Consolidated, at all ports: Net, a;.eV;
exports to Great Britain, 2s,774; to the
continent 1900
Total since September /. at all ports:
Net, 7,374236; exports to Great Britain,
2,573, 1876; to France, S17026; to the contl-
nent. 2.1i7o17; to Japan, 135,445; to Mex
leo, 1900.
The Birmingham age-herald., 1913-01-12
New Orleans Cotton Market

New Orleans, January u--Cotton fu-
lures opened steady at a decline of to
0 points on poor cables today. Commits
sion houses handled considerable week
end selling for longs, and the market
did not absorb offerings any too well
Free sellers were not found among the
shorts because the weather map was
marked rain. 1t indicated that II condi-
items in the belt continued farm work
wculd be retarded. Liquidation appeared
to be based on bearish anticipations re-
gardlng the ginning of the present period.
which ends next Wednesday. At the end
of the first half hour of business prices
were points under the last prices of Fri
day.
Around the middle of the forenoon the
trade steadied on buying of the near
months by spot SPECTATORS. Good buyers
we're found in shorts for covering All
desirable cotton near the end of the ses-
sion was found to have been purchased.
This was true OF the situation here and
to the northeast. Messages from many
interior points said spot holders were re-
fusing to make the smallest concessions
In trade At the highest prices were ! TO 2
points under Fridays session They
closed / to points down at the end or
the session.
New Orleans Cotton Futures
The Birmingham age-herald., 1913-01-12
Weekly Naval Stores Review

Savannah. Ca, January 11.-Turpen-
tine and rosin. for the week were firm
in tone with absence of market activ-
ity. Turpentine closed today at 40L a
401sc as against 39Ac last SaturdAy y
and 49Rc for the corresponding Sat
urday of last year. Sales for the week
were 2107. Receipts for the week were
267O against 1919 for the corresponding
week of last year. Shipments were 1865
of which 500 were foreign and 1875 do
mestic against 1874 for the correspond
ing week of last year. Stocks are 30,362
as against 36.501 for last year. Stocks
increased 1905 during the week.
Rosin was firm at the close today
prices being slightly in advance of
those last Saturday for grades below
The Birmingham age-herald., 1913-01-12
Interior Cotton Movement

Houston Quiet middling. 12%c: net
receipts, 2S26; gross receipts, 2S26,
shipments. 4444S; stock, 1861 sos.
Augusta Steady; middling, 13c; net
receipts. 465 gross receipts, 465. ship
ments. 1902; sales. 1913; stock, 49,
2S2.
Memphis: Steady; middling. 13hc; net
receipts, 613; gros receipts, 1858; ship
ments, 1879; sales, 5000; stock, 114,-
23S
St Louis: quiet; middlIng. 13c; net
receipts. 6l3; gross receipts, 255S; ship
ments. 3079; stock, 24,3s5.
Cincinnati: Net receipts, 1318;. gross
receipts. 1918; shipments. 5f4; sales,
400; stock, 25,657.
Little Rock: Steady; middling, 12Nc;
net receipts, 61; gross receipts, 81;
shipments, 152; stock. 41.506.
Total today: Net receipts, 5271; gross
receipts, 1o,2S1; shipments, 1S.254; sales,
4533; stock, 537,921.
The Birmingham age-herald., 1913-01-12

sippi and the Ohio and Potomac rivers
overland by American manufacturers
outside Of the cotton belt during the
months OF September to December. in
elusive. showing an average per bale OF
526. 72-10o, against $40 9-100 pounds for the
same period last year.
The detailed averages are:
Texas ports, Gal 1-100. against 5SS s1-l0
last year: Louisiana ports, $50 &-1Oo,
against bo7 6S-1O0 last year: Alabama
ports 536 SLIGO, against 532-9l-i00 last year;
Georgia ports, $40 44-100 against 5l4 70-l00
last year; South Carolina ports, 497,
against 497 last year; North Carolina
ports, 49s, against 49l last year; Virginia
ports, 4S5, against 490 last year; Tennes-
see. etc, 526 55-1oo. against 52s Si-lOo last
year.
The Birmingham age-herald., 1913-01-12
Hubbard Bros. & Co.'s Letter

New York, January 11.-fSpecial)-
Liverpool opened firm and closed easy
at 9 points decline under selling orders
understood to come from America. In
face of these disappointing advices and
the pessimistic feeling in local circles
the market has shown a much steadier
tone than such combination could
expect At the close the continent was
again a small buyer. Probably some
one or two buying orders were TO
cover short sales. The market acts
oversod under the influence OF the
bearish feeling created during the past
two weeks Rumors are current that
cotton is to be brought here by a stock
house supposed to be interested on the
short side.
The Birmingham age-herald., 1913-01-12
Liyernooi Cotton Market

: Liverpool, January 11.-Spot cotton
moderate business. Prices unchanged.
American middling fair, 7.56d; good
middling, 7.22d; middling, 702d; low
middling, 6.s4d; good ordinary, SAD;
ordinary, 61Od. The sales of the day
were 5000 bales. of which 1000 were
for speculation and export and includ-
ed $500 American. Receipts, none. The
futures market opened firm and closed
easy. January 670d; January Febru-
ary, 6.75d; February March, 6.73h d;
March-April. 672d; April-May, 6.73Ad;
May-June, $500; June-July, 6.66lzd;
July August, $3.50; August September,
6.52hd: SeptemberOc october, 6.37d; Oc-
tober- Noyember 627'd; November-De-
cemberl Sad; December January.
6.23d; January February. 6.22d.
The Birmingham age-herald., 1913-01-12
Chicago Produce

Chicago, January 11.-closing cash
quotations.: Rye. No. 2, 6a1k a 64c; bar
ley. feed, 51@55c; mailing, 50@6Sc
timothy. s2.75@S.T5; clover, s12@19;
pork. mess. s17.75@17.s71a; lard,
ss52M; ribs, ss.12k @s.S71s; total
clearances. wheat and flour equalled
,024.000; primary receipts. wheat, L.
026,000 against $1,000 last year; esti-
mated receipts for Monday, wheat 60
cars, corn 4o5 carsp oats 2o2, hogs $4,000
head
The Birmingham age-herald., 1913-01-12
st. Louis Produce

st. Louis. January 11.-Flour frm
timothy s13@17; prairie s12@15;
whisky s1.40; cotton iron ties sac, bag
ging 97sc, hemp twine Sc; pork steady,
jobbing s16.75; lard lower, prime steam
s10.35 q 1915; dry salt meats steady;
boxed extra shorts IL &c; clear ribs
II &c; short clears II sc; bacon steady
boxed extra shorts 12Ssc; clear ribs
1880; short clears 1850. Receipts:
Flour 1900. wheat 104,400, corn $4,000.
oats 7S,200 Shipments: Flour $500.
wheat $4,000, corn $4,000, oats $1,000.
The Birmingham age-herald., 1913-01-12
Bonds
Money on Call

New York. January 11.-Money on
call easy; no loans; time loans firm;
so days, per cent; 80 days, 4@4A per
cent; six months, A Il per cent; prime
mercantile paper closed 5@51s per cent;
sterling exchange firm with actual bus
mess in bankers bills at $4.S3.25 for
so day bills and for demand $4.S7; COM
mercial bills, SASSY; silver in bars,
63ssc; Mexican dllars, 49c; government
bonds firm; railroad bonds easy.
The Birmingham age-herald., 1913-01-12
Grain Receipts and Shipments

Kansas City, January 1l.-Cash wheat
No. hard, S7ae7c; No. red, si.o341 .03ia :
No. corn mixed, 471sc; No. 2 white, 50hc
Oats. No. 2 white, 34lsa35c No. 2 mixed,
43A&44c.
Close wheat, May, Sslsc; July. s5ssc.
Corn, 1850; July, 5o9sc. oats, May, 357stq
36c.
The Birmingham age-herald., 1913-01-12
Bank Statement

New York. January 1.-THE clearing
house statement shows that the banks
hold $15,139,300 reserve for the week
ending today in excess of legal require
ments. This is an increase of $1,2S4-
759 from January 4.
The statement follows in detail: Con-
ditions, actual loans s1.923,S75,000 in
crease $50 5S6, 900; specie $333246, 900,
increase $1s,526,000; legal tenders $751;
s75.0O0. increase $2,7s3, 900; net deposits
$1,793,S $4,000. increase $S4447, 900; cir-
culation $46,757, 900. decrease $172, 900;
the banks cash reserve in vault $377,-
907,000 trust companies cash reserve
in vault, $63,315,000; total cash re-
serve, $421, 222,000; excess lawful re-
serve, s15,139.300, increase $1,2S4,75O.
Trust companies reserve with clearing
house members carrying 25 per cent
cash reserve. s51,976,O00. Summary of
state banks and trust companies in
Greater New York, not included in
clearing house statement: Loan $685.
$4,000, increase s5o9, 500 sepcie $780,
2S3,700. decrease $711,200; legal tenders
ss,121,S0o increase $44,9o0; total de-
posits $617,024,900. Increase, $2,693, 100.
The Financier will say tomorrow:
The statement of the New York clear
ing house banks for the week ending
January II revealed changes of an ex-
traordinary character. The cash increase
as indicated by the known operations of
the week was very neaVy, the expansion
In specie and legal tenders amounting to
1309, 600. Loans made an almost record
breaking increase of S60,5S6,000, which, to-
gether with the increase In cash already
noted, brought about an expansion of SS4,-
447000 in deposits. The latter item alone
called for an added cash reserve of more
than s21 100000, SO that the heavy addi-
ticn in the way of specie and legals was
almost counterbalanced, the actual in
crease in reserve having been $1,2s4.75o,
the present surplus above the % per cent
minimum standing at s15,i39,300.
In explanation of the tremendous In
creases of the week it Is obvious that
they were brought about not by current
business or stock exchange transactions,
but represent rather the preliminary
financing of several large bond transac-
tions and underwritings which are now
being prepared for public offering. 1t is
possible also that International operations
figured to some degree.
The Birmingham age-herald., 1913-01-12
Treasury Statement

Washington, January 1.-THE condi-
tion of the United States treasury at
the beginning of business today was:
Working balance, sSS,0S7,795; in banks
and Philippine treasury, s30,176,770;
total of general fund, $139, 1888; re-
ceipts yesterday, s3,091,451 disburse-
mentsr $4,714.071. The deficit this fiscal
year is s5,357.S20 as against a deficit
of S24,939,969 last year. The figures for
receipts. disbursements and deficit ex-
clude Panama canal and public debt
transactions.
The Birmingham age-herald., 1913-01-12
Cotton Seed Oil

New York, January 11.-Cotton seed oil
was easy. under liquidation owing to a
further decline in the crude market and
on dullness in the cash demand, closing
to 10 points net lower. Prime crude,
49Sc. Prime summer yellow spot, 6d6 .25c !;
January, 6.05c: February 602c; March,
6.05c; April, 6.06c; May, 610c; June. 6.14c
July, 615c; August, 6l7c. Prime winter
yellow and summer white, 6d6.75c.
The Birmingham age-herald., 1913-01-12

X. Sales for the week were 19417
Receipts for the week were 1904 as
against 10000 for the corresponding
week of last year. Shipments were 6S9s
of which 700 were foreign and 619S do
mestic, as against 1905 for the same
week of last year. Stocks are 153,117
as against 136,774 last year Stocks in
creased during the week 6S06.
The Birmingham age-herald., 1913-01-12
Coffee Market

New York. January 11.-Coffee futures
opened steady at unchanged prices to an
advance of / point and improved during
the day on scattered covering and little
trade buying. which was probably en-
couraged by steady European cables and
slightly higher firm offers from Brazil.
The close was steady, l to s points net
higher Sales 5000; January, 13.2Sc; Feb
ruary, 1873; March, 1352c; April, 13.66c
MAY, 1s.77c: June. 1880; july 13.S9c; Aug
ust, 1886; September, 1403c; October.
l40lc. November. 1i.0oc: December. 129sc.
Spot coffee steady; Rio Is 1870. Santos
4s l4s4c Mild coffee quiet; Cordova. leg
1Sc.
Havre 4 franc higher Hamburg Aals
pfennig higher. Rio and Santos uii-
changed. Brazilian ports receipts 27,0oo
against 1900 last year. Junidahy re-
The Birmingham age-herald., 1913-01-12
Rice Market

New Orleans, January Though rice
firm; clean steady. Receipts: Rough, 2144;
clean, 400; millers G05. Sales: Rough, 800;
Honduras, 3.25@4 Tie; 90 Japan at 3.61@
4.10c; cleans12s0 Honduras at 34s@5isc; 4159
Japan at 3hm3b. Quote Rough Honduras,
3. 50d14 .75c; Japan. 2.75C14. 25c; clean Hon
duras, 4@51sc; Japan, 3@4c.