davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26
RENEWED SELLING
PUTS COTTON DOWN
Market Position Weakened as
Result of Recent Gem
eral Buying.
local STOCK NOT CHEAP
Liverpool Thinks II Dear Ex-
ccpt at Much Wider Arbi-
TRACE Differences.
local STOCK NOT CHEAP

Cotton showed more Of an easy
,erdcrcv Yesterday than has been evident
sr.c the recovery started little over two
weeks aeo The edge appears to be of
tho huvirg movement, as near month
,hort4 have covered freely and mute q
trailing long interest has been buht up in
,hs expectation that every old crop month
on the list would corner Itself before the
,rd of the summer. Liverpool showed a
disposition TO renew straddle selling, and
the buying in Liverpool against sales here
was largely responsible for the steadier
tone ~ the English market There was a
brief period ~ firmness In the local mar
ksi Immediately after the opening on I'M
confirmed reports OF a big cotton fire In
Savannah Later advices stated that the
mr.. had not endangered the cotton in the
warehouses at that port.
During most OF the session the market
vas very DUH but shortly before the close
there MAS a wave OF selling which carried
o ices OF 10 A net loss OF 8 to points
II. weakened technical position an
pears 10 be- largely responsible for tho
decline All hut the holder and stronger
shorts have been driven in, and an en-
deal - cotton around top prices II vas
assumed that May and July would repeat
'hc performance OF March no.withstand-
nc the fact that the long position in
March was controlled by concentrated
i.ferest Of undoubted strength, and these
same interests have been Identified with
ne snort side OF May and July. Al
though i, seems improbable that any big
s'ock OF cotton will he brought here to
nj k. a.
weak. concentrated long interest 10
liqudltc and bring about the same
resnl, that would be achieved by big
deliveries
Il : generally recognized that II liz dan
rerors to sell New York contracts with
N. present small stock. intrinslcaily II IL
believed that the New York stock would
no, he worth buy ing for the trade to take
M on contract. unless July declined to a
discount OF $50 points under July-.\ugust
IN Liverpool. Adyices from the English
market state that low grades are cheaper
there at anything above such a difference.
Consequently IL seems foreshadowed that
Liverpool VIII not take UP any cotton here
81 present differences, although IL is ru-
mored that Southern mills are preparing
70 buy May contracts with view to ac-
certrg delivery.
Tho new crop positions were rather dull
and neglected. although they held fairly
steady. Liverpool Is the chief seller OF
October, December ana January in our
market, which merely means an operation
against sales to Continental spinners In
Liverpool. Many Continental spinners are
inclined to buy about 20 per cent. Of their
Yearly consumption around s pence per
round in the hope that they may be able
% get the other so per cent at lower
prices This operation AT least gives them
protection for about one-flfth OF their re-
quirements. The weather in the South
q som what unsettled, but IL is not dis
trctly unfavorablc.
Futures closed quiet to points
lover
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26
Tax Exempt Ronds.

The New York state ~ per cent. bond.
touched new high price OF ies This l.
an advance OF points over the price paid
by the syndicate for the ISL 900. 900 issue
sold at the end OF January. when the gen
eral investment demand which suddenly
appeared at the beginning Of the year
was NJ its height. The continued rise "a
the State bonds is therefore n matter of
special Interest. II In true that the in
quiry for these bonds. along with other
income tax exempt bonds, Is moro or less
exceptional and that their strength is
probably not representative OF conditions
In the Investment market rs n whole. The
rapid absorption Of all bonds exempt from
tho Federal income tax was the most
striking feature Of the year IN the bond
market II IL due TO the extensive buying
by wealthy people anxious 10 secure the
obvious advantages OF having a Iprtion
OF their resources In tax exempt secur!-
ties. The approach Of the date for the
levy of the municipal tax IS also factor
which may he supplementary cause OF
strength at this time.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26
W. U. STOCK GOING WELL.
over so Per Cent. of $50. 900 900 or
fer Reported IS Subs~rib~d.

Although no figures were given ont yes
terday by Kuhn. Loeb & GO or subscrp-
tions resolved for the $4,000 oO0 West
.rn Union stock formerly held by the
American Telephone and Telegraph Com
pany u was said that they were mos, sat
isfactory. More than so per cent. of the
Offering Ia reported To have been taken
AZ the bankers have three months to Dis
pose OF the remainder no difficulty is an
t!cipatei.
The shareholders OF ths Western Union
TeleSTaph Company At their annual meet
ing OIL April WI be called upon to Not.
on reducing the number OF directors from
30 to 81 and the executive committee from
20 :, of whom four shall constitute .
quorum.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26
CrRB STOCKS. CLOSING PRICE,
THE PHILADELPHIA MARKET.

PHILApELpHIA, March oJ.--The weak
ness OF the New York list was reflected IN
trading done on this market. Dulness
continued throughout ana number OF
otherwise active issues did hot open dur
ing the day. The reduction in the divl-
dends Of the Panhandle had the effect of
breaking the price OF Pennsylvania to
b5h. Here there was some buying AMI
the price advanced a fraction, hut was
heavy on the advance. Traction stocks
were quiet but firm. Philadelphia Elec-
trio and L. G. T. were bought in small
odd lots. Arbltrage trading was scat
tered through tho arb!trage list. The
summary.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26
To the Holders Of
The Federal Publlshin Company
So 20.Year Geld Bonds,
dated February NJ, l0OO.

This is TO certify that In accordance with the
1900, made BY The Federal Publishing Compa ny
to The City Trust Company of New YORK. nov
The Equitable Trust Company of New York as
Trustee. there were drawn for rede mrton this
seventeenth day of February, 1914. at the Office
OF The EQUITABLE Trust Company Of New York
No. ~ Wall Street. New York City, One hundred
q nd twenty thousa nd si20.UOl DollarS face value
OF bonds Issued under "A III mort VA &C bearing the
49, pherSs L.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26
TO THE HOLDERS OF RAY CONSOLE
DATED COPPER COMPANY FIRST
MORTGAGE CO>NGRrJBIE GOLD
Due January lat. 1921.

Notice IL hereby given, as provided IN Artt-
Gle III Of the Mortgage. dated January 1.
1871 made hv n" RAY Consolidated Copper
company TO the Guaranty Trust Company Of
New Work. ts Trusf',, that bonds bearing
the following serial numbers have been
drawn Tor redemption by the Sinking Fund
and will be paid ON aud after duly J, 1914
at loG Of par upon pres"Btation at the
Trust Department 81 IN" understand. After
July /. 1914 Interest on the above bonds will
cease. Houds should hear the July l. 1914
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26
THE CHICAGO MARKET.

CHICAGO. March o5.-Price movements
reflected more pessimlstic feeling to-
day. with declines ranging from l to .
points. Union Carbide showed the great
est loss, while Commonwealth Edison.
Peoples Gas, Sears and Illinois Brick were
under pressure. Tho free selling OF city
Railway ~ was the feature OF the bond
The summary:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26
THE BOSTON MARKET.

BOSTON. March 2s.--Trading continued
dull on the local exchange, with a gen
orally flrmer tone. Boston and Albany
and Boston and Maine declined a point
each. the former TO 1879. the latter to
43h. New Haven weakened to 6sts.
Among the mining stocks Alaska Gold
was prominent with a'loss OF ss to 22is.
Tamarack lost . points. while Quincy lost
u to 61h. Greene-Cananea declined to
37is. The industrials were without fea-
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26
nr>I>tss OrroHrV>ITIys,

NANlFAtTt RING coUCrrn. assets Sos,
200 %, liabilities s35 900 90, needs $50 oHs 40
additional working capital; will not advance
but viii make liberal commission arrange
m"n' with stock salesman who can produce
results, also excellent executive posi'lou
opportunity fnr Nv" man who can make
moderate Investment Address box Ga 1854
Il-yt1WaN.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26

Suear--Busness In raw sugar yester-
day approximated 10000 bags. most OF
which were Cubas, at 2 95c., or points
decline. American and Howell COM
panies purchased the Cubas. while other
reiners obtained the Porto Rcos. Re
fined quotations were unchanged. with
fine graduated holding on the basis Of
$500. less . per cent. usual terms.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26

Wheat-No. I Northern at Minneapol,s
$3.50. No. Northern spring T. o. b. to
arrive. $1.02R No. 2 red T. o. b., S1.O2K
No hard Z. o. b. to arrive. Sio2t No
l Manitoba Z. o. b.. sl.03is Corn-Ex-
ports to arrive, 7thc.: No. yellow,
prompt. TIC: No. yellow. prompt, 10 NC
Oats--No. white, 46BMl7c. No.
white. Asa 646c. standard, ls1l6Bc.
Barley-Malting c. T. = Buffalo. s2c Rive
No. Western. ssIc. Flour-Spring
patents, s4.701s5.s5: spring clears. $500
mt10 Kansas straights. t3onst5O
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26

spot cotton at New York was unchanged
a 1880. Southern spot markets were I'M
changed to LIS lover. with New Orleans
l"ls. Galveston 10. savannah 10. Houston
ls's Augusta 49,. and Memphis I3L.
The New orleans market was steady
after the closing here. Prices there were
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26
THE HANOVER NATIONAL BANK
Of the city Of New York

New York, March .Vth. 1914
The Board OF Directors have this day de
clsred a quarterly dividend Of FOrR PER
CENT, payable on ant after April LIST. 1914
The transfer books will remain closed from
March 2lst 20 that d7te
EI.MEI. 4 MlITTNNER Ctshisr
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26
DIVIDENDS AND INTEREST.

PREFERRED STOCK DIVIDEND NO %.
New York CitS, March IS 1914
The Directors OF this Company have to.day
declared = dividend Of TWO AND OSE-HAlF
t-is g PER CENT from the earnings Of tho
COMPANY upon the Preferred stock payable
April 18Th. 1914. at the offices OF the Company.
to the preferred stock holders OF record on
Ap-i. 4, 1910.
The transfer books OF the preferred stock
vii be closed on April 4 1874 at IL O'clock
noon, and open on April Ia. l9lt, at 10
ocIock A. 81 Jos \. kNON. Treas4rer.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26

Provisions closed lower Cash prices
were: Pork--Mess. s23 a $3.50 family.
SIS a $3.50. Beef--Pscket. S1sds1s
family. 3la6s20. Lard-Prlme Western.
$1,000, refined Continent, sll?5 South
American, slIs5
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26
DAILY FINANCIAL CALENDAR.
Ey DIVIDEND.

Ey DIVIDEND.
Company and Term. Stock Amt.
American Woolen, quarterly. ...... pfd ~
Municipal Service, initial. ..,...... com
United Fruit, quarterly. -
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26
M stocks were


Exports yesterday, 2i.26s bales. IT
rus far this season. 7.52s,OOO bi
ss-,n'' ,oG7. 900 bales last year.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26

ne Liverpool market was quiet and
STEADY There WAS quiet business In
SPOT cotton, with middling / point higher.
81 il2d. sales. 1000 bales. Receipts.
1000 bales, including 1000 American.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26

y \ VI. bids 10 Liverpool were March
'efS May, i2,ls; July l1.a3; October.
ll3' The market there is due TO open
10 day about ! point lower.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26

$500, Hand,

es,2. cf0' 2sfa .a.F :sN cess ,ssl
:H7t 2Fsl 2ss,, 9uUl. 1905. sO.s 1885 soSS
1909 3os4. 2O,,. 3Osl, GOs5 800 ans
GUARANTY TRUST COMPANY
OF NEW YORK.
HEMFHiIi., Freshest.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26
Louisville & Nashville
Railroad Company
Empire Building, n Broadway
New York. March 2lth. 1914.
GENERAL. MORTGAGE

In accordance with the terms Of the General
Mortgage OF this Company the following nye
hundred and eighty-seven tss7) bonds have this
day been drawn for thr sinking Fund, viz:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26

The Interest on the same will cease June
ist 1914, and ,hc principal OF the bonds
plus ten per cert, premium, VIII he redeemed
at this once on nd after that date
.. D.. SMIIHIRS Assistant Treasurer
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-26
CURB STOCKS CLOSING.

Sell cepfs rer share
The Birmingham age-herald., 1914-03-19
Will There Ever Be Another
 Permanent Chief of Police?

For nearly two weeks not word aas appeared in the public press concerning the chief of police situation.
 So a reporter yesterday thought he'd sound the depths bit and proceeded as follows:
 MT. Weatherly. things seem mighty quiet; what's new in the police chief sit uation?'
 The head of the sandy haired commits sioner dropped forward until his eyes looked out over the top rim of his spec tacles like watchful country school master; his mouth assumed serious. set expression and broad, deep wrinkles ap- peared on his expansive forehead The fingers of his right hand wriggled into his thick locks of hair and scratched his scalp.
 Let's see, he said. What Is the po- lice chief stuation?" And the reporter smiled and the commissioner smiled and both changed the subjects
 As published in The Age Herald several days ago. indications are that the per manent appointment of a chief of police will not be made until the middle of next month or later. But new query has lately been going the rounds of the bos- sips. It is:
 What if the commissioners should
The Birmingham age-herald., 1914-03-19

never make a permanent appointment of a chief of police?'
 In other words. will Birmingham under the reign of the present commission ever have another chief of police? Have they decided to indefinitely maintain as head to that department an active police chief and thereby maintain for the commission as a whole direct supervision and control over the police department?
 The situation would be much like in old aldermanic times, when there was a police commission. Capt Martin Eagan IS now acting chief and the commission as whole is keeping close tab on the police conditions of the city, which .hey state have enormously improved in the past two or three months under their su- perv1sion. The situation would be differ. ent from the old style of police commits sion board, however. as the present com missioners apparently have more direct authority over the police department as long as the head of it is nothing but an acting chief.
 When asked about the matter the com missioners immediately propounded a counter question, such as that given above.
 Incidentally, Judge Lane, commissioner or public justice who is strongly op- posed to the police department policy of the other two commissioners, stated yes terday that he might offer a resolution at the next commission meeting asking for immediate appointment of a permanent chief
The Birmingham age-herald., 1914-03-19
KILBY IS MAKING
 AUTOMOBILE TRIP
Has Been In 24 Counties and Will Visit Them All Before End
 of Campaign

Thomas E. kilby, state senator from Calhoun county and a candidate for lieu tenant governor, while touring the state in his automobile passed through Bir- mingham yesterday. He left in the aft ernoon for Jasper and other centers.
 'T have been into 24 countless said Senator Kilby, and feel absolutely cer- tain of sweeping the state Before the conclusion of the campaign, I will have visited every county. In every town l made 1t rule to meet all the people, and I have been delighted in learning that my candidacy was not unknown among the substantial ctizenry of Ala bama. In the beginning, I had no doubt as to the outcome, but made up my mind to meet the folks of the state just the same. As a result, l have made many new friends. and have found out by actual knowledge that Alabama, is one of the greatest states in the union.'
 Senator Kilby is well known through out Alabama. He is one of the leading business men of the state. He has served Anniston as mayor, is president of the Anniston City National bank, and of the Kilby Frog and Switch works of North 
 "On account of my connection with the business world of Birmingham" Mir. Kill by added, T feel that am justified in claiming the vote of Jefferson as citi- zen-in-part of Jefferson"
The Birmingham age-herald., 1914-03-19
PLAN COMPROMISE
 IN MARKET MATTER
Ward Will Attempt to Have Measure Satisfactory
 to All

President George Ward of the city com mission, whose vote will no doubt decide the fato of the proposed market ordi- nance, states that he hopes to effect q compromise which will be acceptable to both sides of the question.
 President Ward stated yesterday that he thought the market hours could be re- duced in duration and the prohibitive zone of the market reduced in size until both parties to the issue would agree to the compromise. Commissioner Weatheriy has stated that he will vote for the ordi- nance and Commissioner Lane has stated that he will vote against it. Hence Mir. Wards position on the matter is at pres ent the crux of the situation.
 The plan of reducing the market hours would mean that they would be made probably one or two hours each morning instead of from to 10:3O o'clock. The plan of reducing the zone would mean that the selling by street peddlers during market hours would be prohibited only in a small zone of several blocks surround ing each given market place. .,.
 Mir Ward indicates that if such a com promise can be made with Mir Weathefly and the leaders of the market league movement. he might be willing to vote for the ordinance. The ordinance is now set for final action at the meeting next Tuesday. Some further anpouncement from the commission as to the fate of the movement is expected, however, be- fore then.
The Birmingham age-herald., 1914-03-19
PRESIDENT BRAY
 JOINS TOPPING Republic Officials Look Over Operations In
 the District

Thomas J. Bray. president of the Re- public Iron and Steel company, joined John A. Topping. chairman of tho board of directors in Birmingham yesterday for one of the annual trips of inspection that are made by the directors and offi- oers from time to time.
 He reached here yesterday morning and went to Thomas with Charles T. Fair bairn, district manager. where Mir. Top ping was joined by the president. The officials carefully inspected the operations of that plant, returning to the city late yesterday afternoon
 MT. Bray and Mr. Topping were ire sstably attracted to the golf links yes terday afternoon, where they enjoyed a fe wounds of golf with MT Fairhairn and II. G. Seibels, who is well known among Republic Iron and Steel officials.
 Mir. Topping and Mir. Bray are reason- ably well pleased with the trip as far as it has gone. they said. It was stated last night that MT. Topping will leave this morning for New York and that President Bray will remain here perhaps for three or four days looking over the operations.
 While no announcement has been made, it is understood that the Republic com pany has finished its construction in the neighborhood of Pittsburg for the next year or two and that attention will be dl- rected~to the southern operations. IL is expected that the trip of he officials at this time will have some material relation to betterments that are contemplated.
The Birmingham age-herald., 1914-03-19
Fashion Week Probably
 Win Be An Annudl EOent
Number of Visitors Increasing DaSprng Fashions Wa ons Will Be Shown Today-Miss Fashion Discovered by Mrs. T D. Parke Who Gives Money to
 the Public Library

It is considered highly probable that the Business Mems league will make of Fashion week an annual event. Secretary Sam P. Fowlkes stated yesterday after noon that the matter was being consid- cred by the league. The board of directors will have their regular weekly meeting next Monday night and it is thought that President R. A. Brown will bring up the matter at that time President Brown states that the merchants are in high good humor over the success of Fashion Week thus far, and says that indca tions point to upward of 5O0m people visiting the city before the end of the week
 The spirit of Fashion Week has caught practically everybody in the city. This afternoon beginning at o'clock there will be parade of about 40 wagons. These wagons will be new ones and practically each will be different type The parade has been arranged by Lon Abel. head Of the firm of A. Abel wagon builders. and all the downtown shops will have wagon In the line Of march. The parade will be headed by a brass band, and will be an exposition of the spring styles in wagons. There will be all sizes and shapes of delivery wagons in the parade. and 1t is expected to prove very interest," ing.
 Miss Margaret Coleman was yesterdays S Miss Fashion. She was discovered at II :4s by Mrs. T. D. Parke in Caheen's store. Miss Coleman presented very pretty picture as she moved in and out. thread ing her way through the maze of the crowd, moving from one beautiful deco rated shop to the other. Many persons
The Birmingham age-herald., 1914-03-19
ASELT|NE HERE ON TOUR OF THE SOUTH Financial Expert Says City's One Great Need Is Re-
 giOnal Bank

X. II. Aseltine, associate editor of the Commercial and Financial Chronicle Of New York. was in Birmingham yester- over the whole south to gather data for his paper, which Is accustomed to issue review of the general agricultural sit- >uation and industrial condition from year to year. He called upon MT Harding of the First National, President Crawford of the American Trust and other bankers for the purpose of obtaining data about the general business conditions. He lett last night for Texas. where he will con- tinue his investigation about the general crop outlook
 What Birmingham wants now above all things is the regional bank said MT. Aseltine yesterday to several Birmingham men He seemed to be unusually well pleased that President Harding of the First National had been engaged in giv- Ing the government board some supple mental information about the bank.
 The location of the regional bank in Birmingham will bring this city before the financial world In a way that will oe of untold benefit to this city. l nm espe- cially strong for Birmingham for the reason that we have many friends here. and besides have been coming here of and on for a great many years.
 There is one thing. and that is our paper has been trying it's best in ways that are consistent to get the regional bank located in Birmingham. We could not do n great deal but what we could .l. fnr .it In Ntx York among the financial interests this city has a place that cannot be taken by any community in this country. The people in New York who have money do not hesitate when 1t comes to placing t in this rapidly growing comnnity.
 Birmingham has grown during the past few years like no other city. and It's population has been shown to the world in the most amazing figures. In addition to this the work that has been done here and the things that have been accomplished stamp Birmingham as n place of unusual activity and resources. The location of tho regional bank, l be- lieve. is due Birmingham, and I per sonally believe that 1t will be given this city. At least I believe so.'
 MT. Aseltine was at the press club dur ing the day. He said 1t was the most m- teresting and easily the most unusual club of its kind that he had ever seen.
 "This press club Is credit to the whole south" said MT. Aseltine. 'I am very glad that l came here to see 1t. There h one thing I should not fail to say when- ever the opportunity offers that the news paper men and progressive citizens of this community have enacted a proposi- tion that does everyone connected with 1t great deal of credit"
 Mr. Aseltne left last night for New Orleans and will go from that point to Texas