davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
THE GRAIN MARKETS.
Reaction in whcat-IiEht Sales
Abroad-COru Easier,

The trade has frequently heard Of rec
ord foreign takings Of wheat on various
single sessions OF late. Yesterday was
made prominent by tho paucity of Eu-
ropean orders. Export sales were the
lightest OF any day since the conflict
abroad began. 1t was difficult to obtain
confirmation on rumored transactions or
300, 900 bushels.
The list made several fitful rallies. but
attempts TO preserve a steady undertone
were fruitless. Opinions In the street
are moro diversified. There Is conser-
vative element, however. under the i'm
preston that the weather in the Argen-
tine will determine the immediate level
of quotations.
Latest cables from the Argentine admit
some deterioration. perhaps 10 per cent.
from a l70,000.000 promise. but the pre-
vailing weather is excellent. II is rear
tied that exporters In the Argentine are
now the United States shippers chief
competitors. and that a large part of the
surplus there must be disposed OF quickly
by reason of the poor financial situa-
ton.
The despatch to the effect that Argen-
tine offers were already cheaper than
Mantobas caused more or less selling
yesterday. The desultory speculative de
mand was not helped by the cessation Or
the export inquiry. For some time tho
talk of smaller receipts drought In the
West. insects in the East and an in
herently strong situation abroad have
failed to arouse enthusiasm. so that tho
mere reitcration OF these features were
naturally ineffective yesterday.
Interior receipts were 1888 900 bushels.
against 2.422. 900 a week ago and Lag 900
a year ago A further decrease in the
movement is foreshadowed in the predic-
ton that lake navigation will cease in
less than three weeks. Clearances yester-
day were 900, against $4,000 last
week and 30s. 900 last year. Brodstreet's
wheat and -four exports were 7395O0O
comparing with $4,000 the previous
week and 6.l44.00o in 1918. These ship
ments now total LAG. 5000 or 1000
0OO more than reported last season,
Corn--The sentiment is kept bearlsh
by the uninterruptedly propitous weather
Hedge sales and scattered bear selling
resulted in fair fractional declines for a
time Receipts are almost double the
quantity reported a week and year ago.
| Rumors OF export inquiry and better
domestic cash trade resulted In partia!
recovery. Sentiment Is mixed. Argentine
| corn arriving here shows more satisfac-
| tory condition.
Oats-Light country offerings and linn
! tied receipts made II easy to advance
! quotations. The upturn was not held.
due To the sagging Of other markets. Aus
| tralian interests are endeavorng to pur-
/ chase oats AZ Winnipeg.
Provisions "A slight rise in the hog
market favorahly affected the list Pack
ers bought and il was inferred that a
larger hog movement next week would
meet with corresponding broadening In
the demand.
/ ,,vtr
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
"Unforeseen DiRcuIttes."

great difference OF opinion still pre-
walls as to the character OF the "unfore.
seen difficulties which caused the post
ponement OF action in regard 10 ,niarg-
ing bond trading. Most OF the reasons
suggested have tended TO complicatc
rather than explain the mystery. The
contention that 1t was discovered at the
last moment that not enough notice mad
been given to the bond dealers many Of
whom were out OF town. Is plainly not inn
portant enough to consider seriously. Had
this been the case the difficulty could
have been surmounted by putting tho date
Off for week.
The claim that a sudden accumulation OF
selling orders for foreign account caused
hurried change OF plans Is also a little
curious 1t is to be presumed that the
POSSIBILITY of this had been Thoroughly
Investigated. But IL is obvious that what
ever the cause Of the committees change
OF mind and however it was presented
ther" could have been only one thing baci;
or II all. and that liz fear OF a dangerous
amount OF selling. That Is the only thing
that has kept the bond market closed
up to now, and II is the only thing that
VIII keep II closed.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
Optimism,

A. q. Leach & Co. have issued n
pamphlet entitled The War and the Out
look FOR Securities" The pamphlet re-
views the situation pretty thoroughly
ana then takes highly optimistic view
OF the future. The specific reasons ad-
vanced for the opinion are as follows
During the past three months money
from coupons dividends and maturing
obligations has been plling UP among
investors and institutions both here and
abroad, awaiting the confidence neces-
sary before its owners will place ii in
investment channels.
THE Inauguration OF the Federal re-
serve system will. it is estimated. re-
lease reserve amounting TO over
s5Oo,o0o,o0o and increase the lending
power Of our banking institutions many
times this sum.
Government and State regulation with
respect TO corporations has passed
through its trial period and is fast chang
Ing from what was considered an OPP
pressive scheme TO n state in which II will
BENEFIT Both the corporations and the
lief has already been afforded to the rail-
roads, and their further requirements in
the way of increased rates are now
the basis OF an Investigation.
our securities from now on will be Of
greater attractiveress TO the investor in
European countries than ever before
This will follow through the several ben
ents that must accrue to us from our
neutral attitude. People abroad acknowl-
edge that "A greater future Is before us,
and they realize that during this try
ing period We have met and paid matur-
ing coupons and bonds"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
MONEY AND EXCHANGE.

New York Federal Reserve Ranh ,s'.
5i7 per cent. for short and per cent
for long bills,
open market discounts. prime ao0'"'
ances maturing up to ninety days. q p"
A.! per cent
Commercial paper vas modera'r.. so.
tive, Rates were > and 80. per r... or
sixty to ninety day indorsed h'. 10
ceivable and for four to six months ,.r- /.
names and 6ia per cent. for olr.rs
Time money was easy, with il'.. he
tween and 5ia per cent. for aI VIE
turtles.
Cali money ruled at from -, &. go.
cent.
Domestic exchange on New Yors. s.
Louis, 80. premium Chicago. par. p
cinnati, par ; Minneapolis, 9oc pIow"r
Call money in London Vas a.. .'-
cent.
Sterling exchange was steady. = d
quotations were Demand As, -onr'
4sSs.
Bar silver in London, 29'.d ~ =
York, aaisc
New York Clearing IToue. s't'o-'~''
Exchanges, s@li,Oa&.3S5 balances go
5s7,795, Sub-Treasury dsh: l''''. a"
s254696
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
DAIRY PRODUCTS MARKET.

RrTTER.---1nterest in the market yes
terday vas sluggish except by a few buyers
could secure without much trouble. Re
celNers reported GOOD trade on the high
dragged. quality was about normal. Pres
SUR to sell the undergrades caused cut
occasionally and even this did not clean up
the accumulation. Process was steadier yes.
tcrday than previously during the week ami
packing stock was quiet. Prices: Creamery,
35c. firsts, ~ TO 81 score, 3O@ sac Held
extras, ~ score, 3gac.; hrs,s, 29p ace;
state dairy tubs, finest, s2a sac; good 10
prime. 2sd3lc.: common to fair % 27c.
Process, extras, Is = a siac;; hrsts 2i@@ac
,nnwcr ErHdeS .2@ ?S' imitation cteamery'
nr,t-. g9u22isc. seconds. 81 2liac. lower
~ +, 10 "a :sr' so. . s''' lower grades
CHEESE There was a small demand for
fancy stock, hut trading was not active.
sales have heen made as high as $50, hut
tho volume Of these was small. skins re
condition Prices follow: state. whole milk.
froeh. colorot. specials. Is n l5tc.; white.
Iii,|.; Wisconsin daisies. ii,sml4.c.;
twins, ia. Hl5i4c,; state skins held spe-
cia's, l3nl3i9c.; fresh, l:i. l2tac.; poor
EGGS 1t seems impossible to get enough
nov laid eggs To meet the demand and
thcre was an advance yesterday of lc on ali
fancy Western stock The advance on
nearby was jc. do1.. making the best white
10 si.dl them at 75c. 10 make an ordinary
profit. There was no change in refrigerator
stock, IA" foreign demand not being sutn-
ceut TO stimulate active buviuE EXPORTS for
thu week viii reach probably 1000 cases.
Prices Fresh Fathered extras ton rec;
cnds e7p $50, dirties, No. l, .Suetc.; No.
2 Is" g2c.; checks, II n2ec. Refrigerators,
rrsts, charres paid, 2sis n 94igc,; seconds,
.en &c Pennsylvania and nearby hen
merry whites, fancy, large, 5Gn 500, hennery
browns, l21tt5c.: mixed culors. $40 4.c.
LIVE PDt'I.TRY.-Ma did not clean
un as we'll as expected. even though prlccs
N I4I
Including one 10y cypress. selected heavy
fowls brought iic. hut the bulk Of the
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
GOSSIP OF WALL STREET
A Chance Lost.

There was no doubt yesterday about the
effect upon sentiment produced by the
eleventh hour postponenent OF the plan
for resumng trading in bonds. The Street
was plainly disposed to draw pessimistic
differences from the circumstances under
which the exchange authorities were COM
PEELED to reverse their decision 10 extend
open trading. The bond market plainly
reflected this. The recent buying move
ment slackened considerably, many bids
were withdrawn and prices declined from
y to y per cent.
Disappointment over the incident was
very keen. The influence of the appar-
entity premature announcement, II il
argued. will be anything but good Bond
experts consider 1t especially regrettable
because conditions were favorable, espe-
cially In psychological sense Sentiment
was optimistic and there really had been
surprising rise in bond prices.
The situation In the bond market can
not be cured by time and II Is not at all
certain that as favorable conditions will
present themselves immediately,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
COTTON COMMITTEE MEETS.
Manager. of sr3S.OOO. 900 Gather to
Organize work.

\ meeting ~ the cotton loan fund COM
mittee which is to have charge of the dis
bursement Of the s135. 900, 900 cotton pool
was held yesterday at the offices Of the
Federal Reserve Bank at 81 Cedar street
FOR the purpose " organization. The
greater part Of the time was spent in dis
cussing with counsel the forms of cert IN
Gates Of application and warehouse ccrtih-
Gates which should he issued. Tentative
committees We're appointed in the South
to investigate applications for loans from
the fund
Those members OF the committee pres
ert were w. l.. @ Harding and Paul NJ
Warhurc OF the Federal Reserve Board,
Albert H. Wigciu, Levi l.. Rue of Phila-
dolphia. Edward r. Tinker, Jr., r. :
Ward and w. =. Holly Rushmore, Bsbce
& stern. counsel for the cotton loan fund
committee, were represented at the meet
ing by Mr. Bishee.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
THE CURB MARKET.

Business in the outside market was less
active and the all around firmness which
the market has been displaying since its
formal opening was not so apparent yes
terday. good demand. however. con-
tlnued for Riker & Hegeman and United
Cigar Stores new, the former rising u
to SsS. while the latter closed unchanged
after touching 2. United Profit Sharing
receded to IL. Kelly-Springfield Tire hard
ened to 6l There was "a marked dimnu-
ton Of interest in oil shares and prices
were irregular in this department.
Transactions in detail for the market
yesterday were as follows:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
COTTONSEED OIL.
strength In Crude OIL aud Western
Demand.

The list was substantially higher Fur
Their advances We're predicted Western
interests were fairly active on the buy
Ing side. Offerings were not important,
as crude oil holds strong AT 3ic. Con-
suming trade shows some Improvement
with claims that users hold only light
stocks Transactions yesterday totalled
5000 barrels.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
SUGAR MARKET.

The refined sugar market was firm YES
terday with all retiners quoting $40
cents. There was little new export bust
ness. foreigners refused to pay the
latter interests were equally firm In ma in
tanning their prices. Reilners continued to
bid 400 cents for raws, but holders stood
by their asking price Of io7 cents.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
WALTER 4. WOOD MOVING & REArING
MACHINE COMPANY.

Notice is hereby given pursuant Co. ~,
terms of the mortgage OF said Co01-r"
dated June ist. 1903 to the Security t-lst
Company OF Troy as Trustee, that tho fol-
lowing bonds have this day been drawn ~
redemption. viz: Nos. 81. ITO. 49,, lNl.
2s2. as. $50. 500. az. 46S. 400, G3.. C2'. 80
s77. 7os 7ss, ST., $50. $50. 9Ol. 9l7, -. '.03
1904 The interest on the same VIII ,. -
December LIST. 1914. and the principal o' :.
bonds VIII be paid on and after mat H. A.
The Security Trust Company OF ITo', 1907
y. Y.
THE SECURITY TRUST COMPANY or
TROY. Trustee.
By GEORGE l.. HARE, Sc.r'.a
Troy. y Y. November o. 1914.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21

CHICAGO. NOV. 2o.-Thc Modern Nhicr
says: There have been complaints from
districts N Kansas and Nebras ska, where
dry weather prevented vigorous growth in
late sown wheat. In general the crop
goes into the winter with vigorous growth.
The prevalence of fly here has created some
apprehension in soft wheat States. Our
reports indicate that the holding policy
OF farmers Will begin to tell In de-
creased movement in the near futura"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
BUSINESS OPPORTUNITIES.
IS TO 30 PROFIT

can be realized on an inNe,tu.n nj IN 4 good
going business situated near chlcag, o. NO
trunk lin" Rys Has privar, l.cr......t
owns H. own buildings and real e-t g.. +H1
all are unencum bered. owner vii e Or
part Best OF reasons for offering n-....
has unlimited demand. A. present have ...r
SlH5, 0oo 90 worth Of orders on hi, w. t.
my en'tr" interest FOR $1,000 90 ~ r..' '.r
SO 600 90. This is an unusual opDu-'..r .'v
for quick investor address u. hos
sun oNite
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
PUBLIC UTILITIES.

Gross earnings ~ the Texas 49,
Light Company Tor October WV.
an increas" Of $50 SOS EAncls.- az ...
rose 1880 and net earnings We
an Increase Of sl4357 over o .'.'
Net incom" FOR the month W. t..'
snGsd oc,"i,r II, Az, svo., o,.
grtgatri s,5h6,Ssa an cNpa'.io. .. D..
So. Expenses ana 'aNts "r"
gain Of il3,tso Nf'er tr-' s'
preferred dividcnds thnro W.. a he
tjo.eSs an increase Of 1880 ov' .".
ceding year.
All Byllrshv electric Tror-r.tNe -..r.
for the week ended Noy~"lN,'
not CONNECTED load Sim ~ goo ..'
With 30" ktlowat itRh'irE .ub
was temporary loss 81 'f7 ".-
in motor business Nov hu,,g-s ..-
for included | Goa customer. v''N
watt lighting load and gas h''-" .'''.'.
motors output for IN. p-Nn'-.t.-
week was s.is5,.i5 ki,owav h'H''
crease Of per cent o"-t '"-.
week OF 1913
TIE sales department - 'Nn N
Genera Electric CoNlppu' i'..HE
ended November secErct 90.
~. customers with 'n4 k'N~e.
load ard s. horso-pov" I'm
took orders for wiring for'N s--''
houses.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
DIVIDENDS AND INTEREST.
'-7-7-~~--" 100000
THE MACktN COMPANIES.

FKfF tVKFU I'IN TNf.NII NJ v
COMMON DIVIDEND so. 3N
The regular quarterly dividend % or' PER
cent. on the preferred shares and 90, :.-.
lar quarterly dividend OF one ard one.
quarter per cent. on the common -uar.. .H
The Mackay Companies Will be paid Jan
ary End. 1915. 20 the shareholders % 70 o-'
as they app0ar at the close OF bushes be
Cenber 9Th. 1914. The transfer books "N
not be closed.
EDWARD e PLATT. Treasurer
Dated November 20th. 1914
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
ELECTIONS AND MEErr-u>.


The Annual Meeting 81 tho Stockho' t...
OF The Westchester street Railroad Co.,.
pany will he held a. the ONCE Of Ihr t...
pany, Room 30+i Grand CentrA| Torn. To-.
in the city Of New York y. Y, on Nu.It.
December I'm, 1874. At twelve o','o,t r..r
for the election of Board of II rector. '.r
the ensuing year and for tho 'rau.,.'.s. .'
such Other business a. may properly ro1.
before said meeting
Dated NoVemher 2Ist lel.
t'f.ARIt ~r.-r...
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
p New Orleans pr'ces were;

The Liverpool market was quiet. There
was limited business in spot cotton. with
mddlng .02 point advance a; i.iid.
Sales 3. 600 bales. Receipts, l6,71e bales.
including 1852 American. Prices at
= I,arn,oi
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
DAILY FINANCIAL CALENDAR


TTN TI'F-Nl7s TN J HI.FI
Company and Term, stock AM.
RrItIsh Columbia Packers Asso-
citation. i ut annual ......... com g.. g.
British columbia Packers Asso-
cIatlon, semi annual, ......... ptd Al %
Nevada Wonder Mining. - sc,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
GENERAL CHEMICAL COMPANY.

November -Vth. 1873
The Directors have this day dee 't'cu. r.'
of the profits Of 1914 an extra dividend ~
i've per cent i5eCJ upon the common S...s
Of the Company. pdysAle un and .''a-
February ist. 1915. to- Common Stp. kIu. 3, p,
OF record a: the clos. OF hu~'les- ou w.
,cmher 3'~t. i9'I
LNNcAsTEE MnEHAN rtcn.u.a-
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
SUB.TREASURY STATEMENT.


THURSDAY.
rsid nv sub Treasury 20 hanks E. 1881 900
Paid by banks to sub. Treasury. 3.s5S. 900
Loss - banks on days trsnsac-
tons ....................... s2,ca7.ooO
SINCE FRIDAY LAST.
Paid nv Suh-TrrnsurY 10 hanks, .sli 4so. 900
Paid by banks to sub Treasury, 2tS77 600
Loss to hanks ............ slO,tl5, 900
Loss 20 banks same period pre-
Nous week .,.,,..,........,.. lJ.77sooo
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21

Exports yesterday, 5,i2l bales. Tuta
thus far this season. 100000 bale,
against 3,siS,0O0 bales last year.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
Entnres closed frnl.

SPOT cotton at New York was hrmer
N!ddling. 80: Southern spot markets
were steady, with New orleans, -, CAL
weston. -, Savannah, - Houston.
9-16: Augusta. "a. and Memphis "a.
Tho NeN Orlnars nrlceS wore
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21

Rrccipts from customs November Is, sS56 3o4;
internal revenue. ordinary. sS.lh12: corporati on
tax, 81. 80. and miscellaneous, s3jS,iit.
National bank notes received for redemption,
$4OS+.S33
The cash statement Of the United States
Treasurer for November is shows:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
BOSTON CURB MARKET.

Boston, Nov, 2O.-Transactions on the |
Boston curb to-day were as follows:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
REDEMPTION NOTICE.
Chicago and Western Indiana Railroad Co.
GENERAL MORTGAGE BONDS.
Trustees OTice, Room 32 18th Floor.
Mills Ruildjug,

New York, Nov. .. i''i
The Trustees have this day designate. b,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
DAILY TREASURY STATEMENT.

WASHINGTON. Nov. eo-Thr statement Of
the receipts and paw warrants OF the Treasury
shows:
November 18TH. month Fiscal year
Receipts .... s. 049. 602 81 oOi soi6 EOS iIG
Pay warrants l3S2.Cli 3SS05.5, 3oo. e53. sol
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
CURB STOCKS CLOSING.

'sell cents per share
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-21
RAILWAY EQUIPMENT BONDS.

To redeem out Al andng certificates 81 4sa go. SIS
Grand total cash assets in Treasury 9.5. %, Z.
The Birmingham age-herald., 1914-09-06

Chattanooga, Tenn; w. G. Thompson, Saginaw, Mich; Cyrus D. Hogue, Will mington, N. C.; James Sullivan, Besse- mer; F. M. March, Detroit; Jake Wells, New York: w. c. Neal, Richmond; l. F. Fausek St. Louis; w. w. Poelnitz, Greensboro; A. K. Lobeck, New York S. P Yerber. Cincinnati; E. M. Wheel er Cullman; J. P. Womack, Montgom- cry; H G. Womack, Montgomery; H. A. Clarke. New Orleans; William John son, New York; F. M. Callum, Selma i; Clark Thornton, Meridian; l.. H. Coy, Atlanta: c. L. Fair, Wichita, Kan; J. E. Stanley, Chicago; Carl Stanfiel, Chat tanssaxA; E. K. Erwin, Chattanooga; J. I. Hunt, Columbus, Ga; D. J. Leland, Tuscaloosa; T. J. McGonigal, Mobile; Hugh T. Seibels, Columbia, s. C.; George T Smith, Montgomery; L. Scott, Montgomery; William Fritts, Chatta- nooga; Cliff Reckling, Savannah; Ce- ell Harris. Charlotte. N. G.; c. W. Will kinson, Tuscaloosa; J. J. Searcy, St. Louis; J. B. Tilley, Atlanta; George N. McGrath Atlanta; George B. McDon- aid, Rockford c. w. Schmidt, Jr., New Orleans; w c. Downing, St. Louis; A. R. Fugnia. Louisville; w. J. Eek, Wash ington; R. D. Trout, Springfield, Mo; l. F. Hardon, Tuscaloosa; c. M. Shill, Oshkosh, Wis; George H. Winterer, Philadelphia; W. N Nicely, Ashville; T. E. Encklemean, Memphis; William F. Fitts, Chattanooga; s. Pfeifer, Cincin- natl; S. Fantel, Cincinnati; ]. B. Wads- worth, Gadsden: E. D. T. Jeter, Mem phis; A K. Smith, Demopolis; E. P. Ioverman, New York; o. r. Files, Tus- caloosa William Wilby. Selma.
The Birmingham age-herald., 1914-09-06
Wholesale Merchant 7 Offers His Sugar.
 at Price It Cost
(Continued from Page Five,


 we'll to take the time and trouble to give these facts to their customers, as we are going'to see higher prices still in the near future, and if they are prepared for them in advance they would have no cause for complaints when the higher prices come
 Flour Going Up
 The governments of the United King dom, France and Norway have agents now in the United States and they are daily making enormous purchases Of both wheat and flour, and these purchases are being loaded on ships at both New York and New Orleans as fast as they cank clear. This export business combined with the largest domestic business that has ever been known, and also the fact that the western farmer is holding every bushel of wheat he can with the fitm be- lief that he will soon get 150 per bushel . for it. is keeping the market bare of any surplus wheat offerings. and almost every day sees new high prices registered in the market. If wheat goes above $1.50 per bushel it means that flour must go up any, other $1.50 per barrel, and we are pre- dieting that this is going to happen. So we unhesitatingly recommend purchases now by both merchant and consumer"
The Birmingham age-herald., 1914-09-06
TEXAS LEGISLATURE
 TAKES STEPS TO AID
 MARKETING OF COTTON

Austin, Tex. September 5.-Legislation intended to facilitate the marketing of the present cotton crop ip Texas was ad- yenced toward enactment today when the state senate agreed to substitute the emergency warehouse bill already passed by the house for measures pending in the upper branch of the assembly. Ad- journment was taken before the bill was called for its third reading and passage.
 As adopted by the house the bill pro- vidcs for state supervision of private owned warehouses, making receipts more readily negotiable, and an amendment added by the senate fixes the maxiumum amount of interest to be charged on money advanced on warehouse receipts to 10 per cent
 Permanent warehouse bills pending in botk branches of the legislature would provide for state ownership of cotton warehouses; The bills differ only in minor details.
 The legislature is meeting in special session to adopt measures which would relieve the marketing situation caused by the European war.
The Birmingham age-herald., 1914-09-06
Time to Review Campaign

The time to review the campaign will be when the French have got home safe ly to Paris and their sorely battered left rests on the forts of Paris, with the cen- ter and right intact. But if they do, and 1t now appears as if they would, it is plain that they have escaped deadly peril, thwarted the most desperate and