davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1914-07-26
FRANTIC BUYING IN
 HE WHEAT MARKET
Close Unsettled at Rise of 1 1-S01 1-4c to 1 1-20
 1 5-Sc Net

Chicago, July 25.-Frantic buying of wheat early in the session today resulted from the European war scare. After an advance that on some sales almost touched 3 cents bushel. the market closed unsettled at a rise of 1isM1A cent to lia@1% cent net. Corn finished ih cent to l cent above last night, and oats ss cent off to a sixteenth up. Provisions as rule scored gain that varied from 5dl7ls cent
 It seems s if every trader in the wheat pit had orders 10 buy at the first tap of the bell. The possibility that the Uni ted States being yet called on to supply the breadstuffs to Europe on a scale may be never before equaled. kept most of the attention of the pit even after the news came that the worst of the crisis between Servia and Austria appeared to be at an end. Flattering out of export demand Tor wheat, however, did much to cool off enthusiasm.
 Corn climbed with wheat. Trading at no time, however, showed anything like the excitement that was witnessed in the wheat crowd.
 Hedging sales against the new crop made oats relatively weak.
 In provisions the main element of strength seemed to be the outlook for diminished supply of hogs at the prin- cipal western packing centers
 tuture quotations were as follows:
The Birmingham age-herald., 1914-07-26
Weekly Market Summary

New York July 25.--The foreign and domestic conditions of adverse character notable during the week contributed to an almost uninterrupted decline in se- curities prices.
 The foreign situation as embodied in the Austro-Servian tension, and the fail ure of the Ulster conference caused per sistent selling of American stocks in London and on continental exchanges.
 Canadian Pacific was weakest of the high priced colonials, yielding severely under steady pressure to the lowest price in years.
 Baltimore and Ohio issues also fell to low records as result of foreign offer ings. which traced the court decisions adjudging Union Pacific's f.ght to dis tribute it's special or extra dividend, com prised largely of Baltimore and Ohio common and preferred, only to its com- mon shareholders
 Sketches of crop impairment reports, particularly to spring wheat and corn end the latest. trend of events at Wash 'ington, including the determination of the Senate to pass fits antitrust legisla- tion. were among the domestic deterrents.
 Considerable Encouragement was shown at the continued delay in the announce ment of the eastern freight rate decision, and disappointment was openly expressed at the latest angle in connection with the organization of the federal reserve bank board.
 Much interest attaches to the forth coming quarterly statement of the United i. f1icting reports respecting. conditions in that industry.
 General business continues hesitant with more demand for finished products in western and southern states than hereto fore.
The Birmingham age-herald., 1914-07-26
Automobile Industry Is
 in Better Condition Now
 Than in Many Years
toontinued from Page rhirty--ix,

 curb or for driving in cities where head lights of any kind are prohibited.
 s'The lights are governed by buttons on the control board which Is located just beneath the steering wheel. In provid- ing this complete system of lighting. the Packard company has taken q step in the direction of heading off legislation adverse to motorists.
 The tall light and license tag illumina- tor have been replaced by combination tail light and license tag light on the rear fender.
 aThe motor is a conspicuous example of combined efficiency and clean design.
 'The motors both have six cylinders and are of the L-head type with cylinders cast in blocks of three. The '3-3S' motor has a bore of 1 inches and a stroke of b1s inches, giving an A. l.. A. M. rating of SS horsepower. The motor develops a maximum of over 65 horsepower. The '5-4S' motor has 41a inch bore and a 5is inch stroke, giving an A. l.. A, NJ rating of AS horsepower, This motor de- velops over 80 horsepower as maxi mum.
 Twenty body styles both open and enclosed are available for attaching to the Packard chassis.
 Packard open bodies include the stan dard touring, seven-passenger body. and
 
 both of which are mounted on the tour ing chassis; the phaeton bodies of four and five-passenger capacity and runa- bout body which fit the phaeton chassis
 "The enclosed bodies are classified as limousines and landaulets of six and sev- en- n-passenger capacity, with cab sides and without cab sides; imperial limousines of six and seven-passenger capacity; broughams of six and four-passenger ca pacity. and coupe. The limousines and landaulets all fit the touring chassis. while the brougham and coupe types fit the phaeton chassis.
 'The salon brougham of the three-win- dow type Is the latest achievement of the Packard body shops. With its low roof and narrow body, it is regarded as a particularly smart design.
 "The coupe while appearing about the same as last years body, has been wid- ened to accommodate three people on the seat and one on tho extra seat An other departure for this type of body is a small corner window on the left rear corner of the body to give the driver q better view of the road in the rear.
 ''rhe Packard '3s' and '4S' chassis are furnished in two styles, touring and phae- ton. The '3s' chassis have a weel base of 140 inches and the AS chassis have a wheel base of IA inches"
The Birmingham age-herald., 1914-07-26
Making 100000 Autos
 In Nine Months

Three years ago if you had told any ono that a single automobile company would build more than 200,000 automobiles in year that person would have thought that probably you were harmless but ought not to be allowed to run at large as you might suddenly become violent' said Ted Brownel. But in nine months the Ford Motor company has done better than reach the 100000 mark. It has built and sold 203, l94 cars from October 1, 1913, up to July 1, 1914
 Tn other words an average of better than 22.500 Fords have been built and sold every month for the first nine months of the companys fiscal year.
 Last years production of Fords was about 1S5,000 cars. This mark was passed by this years production in tho middle of May
 Tt is almost impossible to conceive of 100000 automobiles. Only by comparison may one really grasp what this huge figure means.
 If all the Fords built and sold so far this year were placed in line a half-mile apart, they would reach around the world four times.
 If the entire populations of the cities of Detroit and Baltimore wanted to hold joint picnic, the Fords built this year could easily take all the people to the picnic grounds in one trip. Or this years
 
 of the American army engaged in the Spanish-American war. Or they could carry at one trip nearly half of all the men that fought in the civil war.
 "Or, getting at it from another angle, the total horse power of the motors fin these Fords, figuring 20 horse power to a motor Is more than two-thirds the horse power of all the deevloped water power in the United States. It is co times greater than the power plants of the Imperator, the Louisiana, or the Mauretania, and 20 times greater than the power developed by the dam on the Mississippi at Keokuk, Ia.
 It is said that the tendency nowadays is tQ take burden off the man and put 1t q the machine. man must be Q pret good athlete to be capable of ex- ertifig one-fifth horse power, if you can translate horse power into man power. But figuring on this basis the total horse power of the cars built and sold by the Ford Motor company this year is six times greater than the combined power Of all the men engaged In the civil war"
The Birmingham age-herald., 1914-07-26
Cotton Goods Market

New York, July 25.-Cotton goods mar kets have been generally quiet and some prices have been noted on print cloths, duck and several lines of unbranded brown goods New prices named on tick ings and some lines of dress ginghams show declines from last season, despite the higher cost of cotton. This is due, it was said by selling agents. to the neces- sity of making close prices to induce the placing of early orders to keep mills employed.
 Eight-ounce tickings are down 1fc a yard; discounts have been heightened on staple ginghams and few lines of print cloths are available at 1sc yard below the price of 10 days ago.
 The buying of fine and fancy cottons and dress ginghams for the spring sea- son of 1916 has been very moderate in volume. Curtailment of production con tirues on large scale both in cloth and yarn mills. and manufacturers state they are not able to secure a fair profitable margin on goods to be made on contract. Some few lines of goods are maintaining their values steadily, notably bleached cottons, wide sheetngs, pillow tubings etc. Prices rule about as follows:
 Print cloths. 2-inch. 6ix64s, SAC nomi- nal; 64x6o's, 31sc; 3S1s-inch, 64x64s, 51sc; brown sheetings, southern standards, Sc: tickngs. S-ounce, 13c; denms, Bounce, 14c; staple ginghams. 6Ac; standard prints, 5i4e; dress ginshams, 9Ao.
The Birmingham age-herald., 1914-07-26
With Birmingham
 Automobile Dealers
toontlnuea from Page ThIrty-.,.,

Nohihned rom Page Thfrty-six) for the Packard, leaves today for Detroit He will be absent from the city about IS days. While at Detroit he will attend the annual convention of Packard dealers. which oonvenes on August 5.
 Catalogs for the new Packard models have been received at the Southern garage and may be had on request. A new storage battery plant. requiring an outlay of approximately s1ooo, has been installed at the Highland garage. The new plant can charge Id self-starter and igni- ton batteries at their respective voltage. car load of the 1914 model Studebaker was received by the Haynes Motor com pany Thursday and two have already been disposed of. one going to Tusca- loosa. These are the last 1911 Studebakers that will be shipped here.
 shipment of Federal trucks is expect- ed by the Birmingham Motor company during the early part of the week.
 
 Several car loads of new Fords were handled by the Brownell Auto company last week and many have been sold Allen Krebs has resigned as city man. ager of the Haynes Auto company H D, Craig is now in charge of the home of- fee.
 Three new models of the Haynes light sixes are expected by the Haynes Auto company about August l.. The shipment was made on July 20 from the factory in Kokomo, Ind.
 
 T. J. Parker, for the past two years service manager at the Highland garage, leaves Monday for Washington on his vacation, He expects to be gone about two weeks
 J. C. Dodd of Atlanta. the self-starter and Ignition expert recently engaged by the Highland garage, assumed his dutiea Thursday.
The Birmingham age-herald., 1914-07-26
WEAKNESS SHOWN|N THE COTTON MARKET
Lower Cables, Texas Rains and Foreign War News
 Largely Responsible

New York, July a5.-Pronounced weakness developed in the cotton mar ket this morning as a result of de- cidedly lower cables, reports of good rains in Texas and the gravity of the Austria-Servian situation. The opening was IS to 20 points lower and from this level the market sold off a couple of points further in the early trade. after which 1t gradually hardened un- til at tue close it was steady, IS to IS points net lower.
 The Texas showers furnished quite controversy as some private dispatches reported rather general rainfall over that state and Oklahoma while others insisted that precipitation was light, especially in the largest producing sec tions ofythe state. Official weather de- tails showed rainfall at IT points in Texas with an average of .S9 inch and roints in Oklahoma with an average of .25 inch. As the government forecast was for partly cloudy conditions in the western belt over Sunday emitting any reference to possible showers, better feeling took possession of the market after the early break being emphasized later by some foreign buying and re- port that Servia had decided to agree to the Austrian ultimatum under pro- test. The later rally was also in- fluenced by the report of a Memphis crop expert who made conditions 7s.1 against 7s last month and s1.9 year ago. The government 10-year average on July 25 Is so. A southern crop re- porting association was also rumored to have made conditions slightly under 7S.5. Most of the reports from eastern belt continued favorable and some ad- vices from Georgia said the movement would be early.
The Birmingham age-herald., 1914-07-26
Bank Statement

New York July Reinstatement of the actual condition of clearing house banks and trust companies for the week shows that they hold $26, 173,750 reserve in ex- cess of legal requirements. This IS an increase of $f,062O00 over last week
 The statement follows:
 Actual condition: Loans 2,o57, ,57s 900, in- ci case s250.O00; specie S3s5, 954,oOo, increase $5s79, 900: legal tenders, ss1 1,925,0o0. increase $2,161 GOO; net deposits $1,95S, ,S15,000 in crease s14,0S4, ,OO0; circulation $A, 7S5,Oo0. de- crease $153 900; banks cash reserve in vault, ,00O trust companies cash reserve in vault, $742es,oo0; aggregate cash reserve. $467,s79,O GOO; excess legal reserve s2c, IFS, ,750 increase s4,o62,00o; trust com panies' reserve with clearing house mem bers carrying 20 per cent cash reserve, $67,- 239, 900.
 Summary of state banks and trust con- ponies in Greater New York not included in clearing house statement: Loans ana investments s573, ,O51.O0o. decrease $5,S54,soo;. gold S42, ,737, ,100, decrease S524,200; currency and bank notes s9,S TOO, decrease s1o9,sO0; total deposits st52338,9oo, decrease s4,9sS.- 6n0
The Birmingham age-herald., 1914-07-26
Coffee Market

New York, July 25.-An easier tone pre- vailed in the coffee market today and prices were lower as result of the un- settled political conditions abroad, easier cost and freight offers and moderate sell ing by trade interests. The opening was to points lower and final prices showed ' to points net decline. Sales, 22.75O bags, about half switches. July S.19c; Au- gust, S.19c; September, S.29c: October, S39c; November, S.49c December, S.59c; January S.64c March. S.73c; May, S.s1c. Spot coffee dull; Rio No z. sac; Santos No 4, 11Mc. Havre unchanged to f franc lower. Hamburg, 1a@% pfennig lower. Rio unchanged. Brazilian receipts, 49,000; Jundiahy, 4S,000. Today's Santos cable reported As unchanged; futures, 75 to 10C reis lower Sac Paulo receipts, 49,000.
The Birmingham age-herald., 1914-07-26
GOOD RA|NSFALL
 OVER TEXAS BELT Cotton Drops Nearly $1 a Bale as Result-Cl0se z
 to 10 Points Off

New Orleans, July 25.-Cotton fell nearly si bale today in the early trading on reports from official sources telling of gccd rains in Texas. First prices were IT to 1s points off, and the market stood at a net decline throughout the morning, al- though the initial decline was not wid- ened. The close was at a loss of to 8 points.
 Another influence against the market was the foreign political situation. This was supposed to have been partly the cause of the poor Liverpool market. The weather bureau noted showers at only Ii out of the 50 weather stations in Texas, and the failure to confirm private ac- counts of almost general rains helped steady the market.
 Bullish features of the morning were two private condition reports from we'll known bureaus. One put the condition at IS D per cent of the normal and the other at 79.1, as compared with the government fig- ures of 796 for last month.
The Birmingham age-herald., 1914-07-26
New York Cotton Futures
Port Movement

New Orleans Mddling, 13 5-16c; re- ceipts, 194; exports, 5676; sales, 1852; stock, 46,5S0.
 Galveston: Middling. 139sc: receipts, 1907; exports. 4194: sales. 2S2; stock, 46,45S.
 Mobile: Middling, 13c; receipts. 8; ex- ports, 60; stock, 5131.
 Savannah: Middling, 137sc; receipts, 137; exports, 360; stock, 11,S66.
 Charleston: Nominal; exports. g; stock, 1411
 Wilmington: Nominal; receipts, IS; ex- ports. 250; stock. 91O8.
 Norfolk: Middlng, 131Ac; receipts. ss0; exports, 805; sales, 2S; stock, 15,902
 Baltimore: Middling. 13&c; stock, 1850.
 Boston: Middling, 13.25c; receipts. |; stock, 6400.
 Philadelphia: Middling, 1s.5oc; stock, 23S1.
 New York: Middling, 1925; exports, 22os stock, 105, ,SS9.
 Minor ports Stock 2502.
 Total today: Receipts, 1890; exports, 13,554; stock, 25S,471. Total for week: Receipts, 1890; ex- ports, 13,b54. Total for season: Receipts, 10,394,- 572; exports, S,S49,S02.
The Birmingham age-herald., 1914-07-26
THE SERv|AN CRISIS ( $ FELT IN STOCKS
Canadian Pacific Loses 2 25-Sc-NOrthern Pacific's
 Loss Quite as Great

New York. July 25.-War clouds over shadowed the leading markets of the world today. The Servian crisis against precipitated paniclSy conditions in London and on the continent Rumor extended To the declaration that the French govern rent had deemed it expedient to stop trading in rentes on the Paris bourse Inls proved untrue, but nevertheless demor- alization prevailed at the French capltai, with similar, if not worse, conditlons Ill Berlin and Vienna.
 London's depressed level at It's close was responsible for the extreme heaVi- ness of the American stock market open ing. Canadian Pacific lost 2ss, with loss quite as great for Northern Pacific, while many of the other internationals fell l to 2 points.
 Activity on the decline was greater than on any previous day of the week.
 Midway in the session, on vigorous'sup- port, the market rallied, some of the im- pcrtant shares closing with suDstantial gains. The recovery synchronized With ca bles from London and Vienna, indlcat- ing that Servia would probably submit 10 Arstria's demands, though these advices came too late for use on foreign bourses.
 Little of interest was noted in domestic affairs, aside from the announcement of further gold engagements for export to Paris next week. These were not un- expected, in view of further rise in ex- change. Substantial additions to the gold recently ordered are probable.
 Mercantile trade reports presented the usual mixed aspects, with increased op- timism respecting the fall outlook. Local banks scored an actual cash gain of Ss,- OOOsOO0, with further strengthening of their reserves.
 Bonds were heavy, in keeping with the movement in shares. Total sales, par value, $1,239,00
 United States coupon As gained IF per cent and Panama coupon 3s, A per cent on call, while Panama registered 2s de- clired L per cent,
The Birmingham age-herald., 1914-07-26
Cadillac Wins
 Colorado Derby

Colorado has established an annual motor derby, which was run for the first time recently--the grand prize, or sweep stake trophy. going to Cadillac entry driven by Harry Swigert The course selected was 2S0 miles within the state, and the first prize was awarded for the best general average of consistent driv- ing. The winning time for the entire course of 2S0 miles was IA hours, 6 min utes and 15 seconds, which was within nine minutes of the time secretly fixed by the timing committee as the most reasonable for covering the official route.
 Point cups were also given for the five separate legs of the 2S0 miles run from Denver to Colorado Springs, Canon City. Pueblo and return, and two Cadillac en- tries. one the winner of the grand prize. figured among the successful five.
The Birmingham age-herald., 1914-07-26
Hides and TalIow

Green salted hides. 14a15c; partly cured. 13q14c; green 13@13kc; damaged and culls, one-half price dry flint, 27@2sc: dry salted. 25q26; dry culs 12hc; goat skins. 25Q4oc; kids. one-half price; lamb skins. 2oq35; sheep skins. 25@75c; shear ings, 15q25c; green salted horse hides. No
 2s, s2 giues and ponies, $101.50; No. 1 tallow, b@6c; No. 2 tallow. 4c; beeswax, 28q6Oc; wild ginsing. s6QS; cultivated gin- sing, $3q5; golden seal. s350a4; clear grease wool, 16q1sc; slightly bury. 15Q1s; clear tubwashed wool, so@3s; bury, 15Q2o.
The Birmingham age-herald., 1914-07-26
Cotton Seed Oil

New York, July 25.-The cotton seed oil market was weak under renewed lquida- tion and stop loss selling prompted by a change in sentiment as a result of sharp falling off in the demand and larger offerings of crude. Closing prices were to IT points lower for the near months and unchanged to 4 lower for the distant positions. The cotton seed oil market closed weak. Spot 6.70Q7c; July, 6.794 694c; August, 6S2@6 $40; September. 6.7sa 6.79c; october, e.5s@6. 66c; November, 6.4s1 65sc; December. 6.5066 52o; January, 6.52 @e.5sc February, 6.55Q6. COG. Total sales. $500.
The Birmingham age-herald., 1914-07-26
Hubbard Bros. & Co.'s Letter

New York, July 25.-(Special)- IA sharp break in Liverpool quotations from reports of Texas rains and from the threatening political conditions of Austria-Servia opened our market at a decline of about 20 points.
 A covering demand sustained prices and caused slight improvement on the advices that the rains had been slight and scattered. and on the be- lief that the war scare would subside as foreign bankers do not favor hos tilities in view of existing domestic difficulties.
 There was, however, no buying be- yond that of the local demand. Rumors that the estimate of the National Gin ners' association was 7S.5. against 79.6 of last month, was minor element of strength.
 The government report of next Fri day will be made up from data ending today
The Birmingham age-herald., 1914-07-26
s515ae,so; yearlings, s5.5oas5o; lambs. ssa

s515q5, 80; yearlings s5.5oqe5o; lambs. se9 S05
 Kansas City, July 25.-Hogs: Receipts. 4oo lower; bulk, $S.604S70; heavy, $S.70dSSO; packers and butchers, $S.65QS.S0; lights, ss. 60QS.70; pigs. ss.5odS.6o.
 Cattle: Receipts, 400; steady; prime fed steers, $9. .35Q9.e0; dressed beef steers, S.sO Qs2 southern steers, sb75qS.75; cows, $4.25GD7.25 heifers, $6.5099.50.
 Sheep: Receipts, POO; steady; lambs S. 40 @7.sO; yearlings. $6q6.7o wethers, %.7bQ 5.50; ewes, $4@4.60.
 St. Louis, July 25.-Hogs: Receipts, 1900; steady; pigs and lights. $Sq9.1o; good heavy, s9@9.10.
 Cattle: Receipts, $50; steady; native beef steers, s7.50910; cows and heifers. s5 @9.50 stockers, $5p7.50; Texas and Indian steers. S5. 75dS. .25; COWS and heifers, s4.50 @6. 50; native calves, $6910.6o
 Sheep: Receipts, 400; steady; native muttons, $474.5O: lambs. s7@7.5o.
The Birmingham age-herald., 1914-07-26
Hubbard Bros. & Co.

ncotton Merchants, Hanover square. N. Change. New orleans Cotton Exchange. New York Produce EschenEe % Asso- sia lion Orders solicited for the pur. ehase and sale of Cotton and Cotton oeed Oil for future delivery. Special Soneignn ente of spot cotton for 0os livery. corresDondenee inviteG f.
The Birmingham age-herald., 1914-07-26
New Orleans Cotton Futures
New Orleans Cotton

New Orleans. July 25-Spot cotton steady and unchanged. Sales on the spot, 1852 to arrive, none. Good ordinary, Il s-1ec; strict good ordinary, T 11-16c; low mid ding, 12 Slice; strict low middling, 13c; middling, 13ssc; strict middling IS 11-1sc good middling. 14 1-16c; strict good mid ding, 14Ac.
The Birmingham age-herald., 1914-07-26
Interior Movement

Houston: Middling, 13 3-16c; receipts, 299; shipments, 59o sales, 176; stock 2S,9S7. TIA.
 Augusta: Mlddling, 14Bc; receipts, SO; shipments, 213; stock, 11,497.
 St. Louis Middling, 139sc; receipts, 72; shipments, SS; stock, 15.206.
 Cincinnati; Receipts, 100; shipments, 94; stock, 13,214.
 Little Rock: Middling, 13Bc; re- ceipts, 23; shipments. 266; stock, S962.
 Total today: Receipts, 610; shipments, 1883; sales, POI; stock. 95,63S.
The Birmingham age-herald., 1914-07-26
Flour and Breadstuffs

Self rising flour. s; Tennessee flour. s4.65; pure wheat shorts. $32; pure wheat bran, $3O. c. S. meal, 7lk per cent, sso; c. s. neal per ton. s26. No. l timothy hay, per ton, SPA; mixed alfalfa and Johnson grass. per ton, $2O; c. S. hulls 80 lbs. s11 50 ton; mixed feet, s34; oats, 55c bu.; corn, 95c cornmeal. $l.9o per 96 lbs. New crop alfalfa. $22.
The Birmingham age-herald., 1914-07-26
Bonds
Money on Call

New York. July 25.-Prime mercantile paper, 4A45 per cent; sterling exchange firm; 6O-day bills, s5.S550; demand, $4 .ss 10. Commercial bills, $4.S4A. Bar silver. 5Shc. Mexican pesos, 40s4c. Government bonds strong. railroad bonds heavy. Call money nominal; no loans. lime loans strong; 60 days, 2AQ3 per cent; 90 days. SAG31s per cent; six months, 4G44 per cent