davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1915-11-13
PRICES TUMBLE ON CROP ESTIMATES
Cotton Market Opened at a
 Small Advance but Prices Soon Broke

New York. November 12.-The cotton market seemed to be only momentarily in- fiuenced by bullish cables and weather news early today. and Nafter selling at ii .91c for January on the call. broke to 11.69c for that position under liquidation by recent buyers and renewal of scat tered pressure. Moderate rallies followed on covering. with January closing at 11.7Sc and the general list steady at q net loss of 1 to points for the day.
 Private cables attributed the firmness in Liverpool to continental buying and small southern offerings while the early weather map showed heavy frosts in Ok laboma, with the official forecasts indi- eating that the cold weather was likely to spread over the belt. The market here opened barely steady at an advance of 6 to 12 points in response to these factors with December selling at 11.77c. March at 12.12c and May at 12.21c on the cali. It seemed. however, that this advance had pretty we'll exhausted the immediate buying power around the ring, and the market soon turned easier Talk of prob able labor troubles in Lancashire and pri- vate crop estimates ranging well above the figures in circulation here two or three weeks ago appeared to stimulate the offerings as the market eased off, and prices son broke to net loss of some 6 to Il points. Subsequent fluctuations were more or less irregular, but the mar ket was somewhat unsettled by December liquidation, with that delivery selling off to Il 57c, while March touched Il. .91c and May 12 .05c during the later trading. Spot interests bought the December against sales of the later months, and the ready absorption of the near month offerings, combined with predictions of bullish sup ply and distribution figures from the cen sus bureau tomorrow, probably helped the rally of some or points General busi- ness was comparatively light during the entire day. The private crop estimates published ranged from 1,950,000 bales, in- cluding linters, to l2,000,000 bales, exclud- ing linters, and the growth of the season.
The Birmingham age-herald., 1915-11-13
MODERATE ACTIVITY PREVAILS ON CHANGE.
Overnight Development of Industrial Conditions Was
 Cause of Optimism

New York November 12.-In it's technf- cal and speculative aspects today's mar ket was largely repetition of the ses- sions Immediately preceding. Trading again savored of the professional and was dull, except during the forenoon and in the final hour, when moderate activity ruled. Numerous specialties, including war shares an6 like issues, were moved to higher levels, and coppers, particu- larly American Smelting, the second mest active issue of the day, substantially sup plemented recent gains High grade rail- ways and kipdred investment stocks were irregular, when not actually reactfonary.
 Overnight developments, so far as they touched upon home affairs, furnished ground for increased optimism especially as applied to industrial conditions. De- mand for iron and steel and other base metals in itself offered sufficient expla- nation for the strength of industrial se- curities.
 The operations of pools were seen in the additional advances scored by auto mobile shares, the movement being ac- companied by further rumors of deals or combinations. Wilys-Overland rose F points to 245, Studebaker "A to 15Ss4 and Maxwell common 31a to "A. Other ex- treme advances embraced Baldwin Lo- comotive. 71s to 123, New York Airbrake to 145, Crucible Steel AZ to IS, and American Can 27s to 635s.
 United States Steel rose Is to S3ss, equalling it's recent high quotation, and Anaconda l point to- s. establishing record for that stock. There were 3 to 5 points gains in American Locomotive, Alls Chalmers. Colorado Fuel, Texas company, Cuba-American Sugar, South Porto Rico Sugar and Distillers' Securi- ties, while United States Industrial Alco- hol rose to H. These gains were ma terially shaded in late realizing. Union Pacific was among the few important railway stocks to show a net gain on the day. Bethlehem Steel closed at 44S, up points.
 Foreign sales of stocks were in reduced volume, but sufficient to exercise an ad- verse influence.
 Exchange on London was trife higher, but continental rates were lower with weakness in francs.
 Aside from general strength the bond market was featureless. Total sales, par value, aggregated s, ,000.
 United States bonds were unchanged on call
The Birmingham age-herald., 1915-11-13
COOLER WEATHER
 MAKES TRADE BRISK
Dealers Say Thanksgiving Turkeys Will Be Plentiful.
 Tomatoes Very Scarce

Trade on Morris avenue was brisk yes terday All dealers reported a good day.
 There were a few changes, in prices in produce. Market onions and cabbage have advanced &-cent; pure cream cheese is also up 1h-cent Irish potatoes are quoted at 90 cents and nave an upward tendency, and are very scarce There are few hampers of Florida snap beans on the market at s1.50 to s1. 75 per hamper.
 Homegrown tomatoes are S1 per bask ct and very scarce.
 There are no navy beans on the mar ket and no prospects of a supply soon. There is large stock of all kinds of poultry on hand and prices have de- clined. Turkeys are quoted at IS cents; geese at 10 and II cents; ducks 14 cents and hens at If cents.
 Dealers say there will be no scarcity of turkeys Thanksgiving and that present prices will prevail throughout Hens will probably drop another. cent next week as the supply Is heavy.
 The fish supply is fairly good with prices unchanged A car of mixed fish is expected to arrive Monday.
 Today's quotations follow:
The Birmingham age-herald., 1915-11-13
EXPORT FIGURES
 STRENGTHEN WHEAT
Exports of Wheat and Flour Reach High Total of
 12,S75,000 Bushels

Chicago. November 12-Announcement of reeord-brealSing exports did good deal toward lifting the wheat market to- day after an early decline. The close, although nervous. was ssc to ssds4c net higher, with December at $1.0ilsa1. .04ls, and May at Sl .05lS. Other leading staples, too, all scored gains--corn sic to 1@iisc; oats, lsQl4e to l4qssc, and provisions 71sq 35c f7f
 Most of the strength in wheat developed after the posting of figures showing that exports of wheat and flour from North America for the week had reached the hugo total of 12.S75 000. an amount never before equalled Material reduction in British estimates of the worlds export able surplus tended also to make the bulls somewhat aggressive in the last part of the day, and similar effect resulted from an active milling demand at Minneapolis accompanied by reports that France was in the market for large amounts of flour. At the same time gos- sip was being circulated that 1s,0O0, 600 bushels of the yield in Illinois, Iowa. Mis- rousi Nebraska. Kansas and Oklahoma was unfit for milling.
 Decidedly brisker dealings in domestic wheat for ocean shipment were reported than has recently been the case On the other hand. fine weather and liberal re- ceipts gave an advantage to the buyers, especially during the first half of the day despite predictions that northwestern ar rivals next week would fall off to not able extent owing 10 farmers holding back.
 Buying which was attributed to the sea- beard had a bullish influence on corn. Besides, husking returns from Illinois and Iowa proved disappointing to the bears. At first, however, the market tended to sag as a result of good weather.
 Oats reflected the action of corn and wheat Evidence of export demand con- tinued.
 Provisions went higher with hogs and grain. Packers led the buying.
The Birmingham age-herald., 1915-11-13
Ayery's Cotton Letter

The cotton market backed and filled today. The tip went out late yester- day afternoon that the cause of the decline just previous to the close was caused by scales selling out line of 30,000 bales on some information which would come out today. There was some difference of opinion as to whether this
 information was the prospective Man chester strike or whether it was the Neill estimate
 As regards the Manchester strike, scheduled to come off on November 19, 1t is highly improbable that the English government will stand for any monkey business from strikers. The government is on the verge of con- scription anyway, and it is more than likely they will take the attitude that if these people won't work they will make them fight.
 The Neill estimate was bearish and had about the same market effect as Cordilrs bearish estimate, which was none.
 Bearish estimates of this years growth of cotton are ridiculous. No one knows this better than the farmer and merchant. who have bought the farm CTS cotton, and this is equally true of those who have elected to sell their spot cotton and hold futures instead None of these can be shaken out--at least none have been so far. The bur den of the talk of those bearishly in clined is that the farmer and others will have their November fertilizer bills coming due this month and that the holidays are not far distant and that holders will be obliged to sell to meet obligations and get Christmas money. All of which Is important if 1t comes to pass. Of course, those who think thus are entitled to their opin- ion. So am I, and I do not believe it will come to pass.
 It has been proven concluslvely that the world demands just so much cot. ton every year, the estimators of con-
The Birmingham age-herald., 1915-11-13
Produce Market

New York. November 12.-Butter weak receipts, 549l; creamery, extras, &-score, BOG; creamery higher. scoring 3l@Sllsc; firsts, 271aM29c. Eggs, irregular; receipts. 7642 fresh gathered, extra fine 41@42c i; extra firsts, 3S@40c; firsts, 34@37c; seconds 2Sds3c. Cheese. steady; receipts, lO72; state whole milk flats, held specials. 15A 016c state whole milk, average fancy, 151ac; state whole milk, current make, specials, 151aQ157sc state whole milk, av- craze fancy, 15Ac. Live poultry, firm; western chickens 141A@15c; fowls 14Gl5c. Turkeys 20@Hc; dressed steady; western fresh chickens, barrels, 15423c; fresh fowls. iced, 12Q17c.
 Chicago, November 12.-Butter. Firm; cream 23114301ac. Eggs, unchanged; receipts. 2364 cases. Potatoes, unchanged; receipts, 30 cars. Poultry alive, lower; fowls, 121ac; springs, 13c; turkeys. 16@1Sc.
 St. Louis. November 12.-Poultry un- chaned except geese. 1214c. Butter and eggs unchanged.
 Kansas City, November 12.-Butter, eggs, poultry unchanged.
The Birmingham age-herald., 1915-11-13
COTTON DECLINES ON
 WEATHER REPORTS
Market Quiet and Depressed After Initial Bulge and
 Closes at Decline

New Orleans, November 12.-The cotton market today after an initial bulge, was quiet and depressed, although at the lowest trading months were only , to 6 points under yesterdays last quotations The close was at net decline of to 3 points.
 On the opening the market rose Il to Is points in sympathy with a much higher Liverpool than due, but the lack of freezing weather over the northern DOT tions of the belt discoura ged buyers and prices soon commenced to sag. On the de- cline considerable cotton bought yester- day was unloaded and short offerings in creased. The active months were forced under yesterdays close.
 Mill takings for the week were smaller than expected. This increased offerings in the afternoon. but the market was held steady by fear that effects of the cold wave might be felt in the belt to- night This gave the market resistance to selling pressure, although no real strength was displayed.
The Birmingham age-herald., 1915-11-13
Interior Cotton Market

Houston: Middling, 11.35c; receipts, Sl5Si shipments, 7553; sales, 1642; stock 1S3, GOA Memphis: Middlng. 1150c; receipts S193; shipments. 3577; sales. 3150; stock. 231, 296
 Augusta: Middling. Il 3Sc; receipts. 2262 shipments, 1463; sales. 7S6: stock, 173,2 ,219 St. Louis: Middling, 115Sc: receipts 1889; shipments, 9S9; stock II. S95
 Cincinnati Receipts, POOP; shipments 174S stock, 10,3l6.
 Little Rock: Receipts, 1 .63c: receipts S9S; shipments, 10a7; sales, 10S7; stock 31, 567.
 Dallas: Middlng, lie.
 Montgomery: Middlng, il Poo; sales. 3S2 Total today: Receipts, 2s, 452; shipments 16367 stock, 640,797
The Birmingham age-herald., 1915-11-13
NATIONAL>GUARD
 REFUSES TO INDORSE
 CONTINENTAL ARMY

San Francisco, November 12-Re- fusal to indorse President Wilson's pro- posal for a continental army of 400, ,O0O men marked the closing session today of the seventeenth annual convention of the National Guard Association of the United States. AshevIlle, N. C., was selected as the 1916 meeting place, the date to be decided later
 A resolution proposing that the as sociation approve President Wilson's plan as made public by the President in an address at the Manhattan club, New York, was offered by Gen. Henry D. Hamilton of New York. Without de- bate. the resolution was referred to a committee.
The Birmingham age-herald., 1915-11-13
Kills Wife and Suicides

New York. November 12.-H. Carl Rup- pert real estate and bond broker of Richmond, Va, shot and killed his wife and then killed himself in an uptown hotel today. From a diary left by Rup- pert describing his movements in the last three days, the police learned the couple had frequent quarres.
The Birmingham age-herald., 1915-11-13
Chicago Grain

Chicago, November 12-Wheat, No. red. s112@11s1s; No. 3 red, $1.06@p 1.10: No, hard, s1.05@ 1.o6k No. 8 hard, $1@1.0S. Corn, No. ? yellow. old, 661ac; No. 2 wsite old. SAX @641ac; No. white. new. 61 F @62c. Oats. No. 3 white, 35@35%c; standard 39@39A c, Barley, 55 @ 65c. Rye, No. g. $1. Timothy, s3@S. Clover. $I8 @20. Pork, $1425. Lard $S.90. Ribs. s10.20@10.70.
The Birmingham age-herald., 1915-11-13
Live Stock

Chicago, November 12-Hogs: Receipts, s21 GOO; market weak at to 15 cents ad- vance. Bulk, St. 40Qp7; light. $6. 1097: mixed, s6 .2007 .25; heavy, 6.15d7 .25; rough, $6. .150 GAO; pigs. s4d6. 15.
 Cattle: Receipts, 2000; market firm Ma tive beef cattle, s6@10. .40 western steers, s6 40GS. 50; cows and lleifers, s2.75@S 20; calves. S10410. .65.
 Sheep: Receipts, 70O0; market strong Wethers s5.S5q6.35 ewes, ss.S0Q5 .75: lambs, $7@9.25.
 St Louis, November 12.-Hogs: Re- lights, $6d6.95; mixed and butchers, $6 60@ 7.05; good heavy. $7a7. 15.
 Cattle: Receipts, 1900; market steady. Native beef steers, $7.50G710. 40; yearling steers and heifers. ss 506l10. .35; cows. $6@ 7.50; stockers, $6Q7 .75; Texas and Indian steers. $6. 25Ql8. 50 cows and heifers $40 6.50; native calves, s6G10. 50.
 Sheep: Receipts, 800; market steady. Ma tive mutton yearlings, $6.50@7 .25; lambs, $6@S. .S5 sheep and ewes, $5. .5096. .25.
 Kansas City, November 12.-Hogs: Re- cefpts, 4500; market higher. Bulk, $6.50@ 6.75; heavy. SC. 60d6.S packers and butch- CTS, $6. 6o@6. 75; light, $6.5o@6.75; pigs, $o.75 @6. 9.
 Cattle: Receipts. 500; market steady. Prime fed steers, $9.25@10; dressed beef steers, H.5OQ9: southern steers s5@7; cows. s4Q6.75; heifers, $6@9; stockers, $5. 50 17. 60.
 Sheep: Receipts. 1300 market strong to 10 cents higher. Lambs. $S .259S .S5; year lings, s6. 35G7 .25; wethers, 8. 50@6. .25; ewes, $5@5.75.
The Birmingham age-herald., 1915-11-13
Hester's Weekly Cotton Statement

Comparisons are to actual dates, not to close of corresponding weeks.
 In sight for week, 443000; same seven days last year, 61O,000; same seven days year before, 741,000 for the month 83S,000; same date last year, l. . 023,000; same date year before, 1,25O,- 900; for season, 4,393,000 same date last year, 3,790,000; same date year be fore, 6.269,000. Port receipts for sea- son. 2.591,O00 same date last year, D. 022,000; same date year before last, A. 625,0 ,000. overland to mills and Canada year, 212.000; same date year before. 2S9, 900. Southern mills takings for sea son, 934,000; same date last year. 103. 900; same date year before, SS6,000. In terior stocks in excess of August 4. 613,000; last year, S53,000; year before, 469,000 Foreign exports for week, 145,- 900; same seven days last year, 169,000; same seven days year before, 419.000; for season. 1.544,000; same date last year, S2S,000; same date year before, 3,214,000. Northern spinners' talSings and Canada for week S7.n00: same snwen days last year. III 900; for season. 661,- 900 to same date last year, 65S,000.
 SPINNERS' TAKINGS.
 Statement of spinners' takings of Amer lean cotton throughout the world:
 This week, 33s, ,OOO; same seven days last year, 3zsWV, SdNe seven Nety5 year pe- fore, 472,00O. Total since August 1, 3694, GOO; same date last year, 2,332 GOO; same date year before, 3920,000.
 WORLDS VISIBLE SUPPLY.
 Total visible this week. 5,1O9000: last week, 5,OOS, GOO; same date last year. 4259, . coo; same date year before, 4.80s,000. Of this the total American this week. 3.9S1.- GOO; last week, 3s76.O00; last year, 3,129,00O; year before, 3,674,O0o. All other kinds this week. 1127, GOO; last week, 1,134,000; last year.. 1.1so.0OO; year before, L1S4000 Vs- ible in the United States this week. 2,S96,- 900; this date last year, 1,937.000. Visible in other countries this week, 2.713,OOc; this date last year, 232S,Oo0
The Birmingham age-herald., 1915-11-13
Bonds
Mercantile Paper

New York. November l2.-Mercantile paper. SGSN per cen; sterling, 60-day bills. |sl 61 .50 demand $4.65.e5; cables $4 66. S5.
 Francs: Demand, s4.ssh; cables, s5.sShs. Marks: Demand, Sll@e; cables. Hc.
 Hires: Demand s6.47; cables, s6.46. Rables: Demand. s2ssc; cables, S2ac. Bar silver,
 |50Ac. Mexican dollars, 3S1sc. Government bonds steady; railroad bonds strong. Time
 loans soft; GO days, zhG2A per cent; 90 |days and six months 2%G3 per cent. Call money steady; nigh; low. 1a4 per |cent; ruling rate. 1k per cent; last loan, |2 per cent; closing bid. 1s4 per cent: of
 |fered at per cent.
The Birmingham age-herald., 1915-11-13
New Orleans Rice Market

New Orleans, November 12.-A quiet tone ruled rough rice today; the clean grade was steady. Receipts, rough, 7565; millers, 6612; clean, 2342: sales, 115 sacks rough Honduras at 2.30QD 3.55cc; 292 sacks Japan at 2.36@ 3.36c; 6SOS pockets clean Honduras at2 5-16@ 5Ac; 1908 pockets Japan at 3h @ 4c. Quotations unchanged.
The Birmingham age-herald., 1915-11-13
Hubbard Bros. & Co.'S Letter

New York November 12.-(Special.) Liverpool opened somewhat lower, then rallied, widening some 10 points, closing steady. 3 points higher than last even ing. We understand the advance was on short covering with continental de- mand, but the true reason is probably a better demand in Manchester for cotton fabrics. as it is becoming known there that the distant markets have become depleted by the actual demand for cotton goods for daily consumption. In our mar ket the advance in Liverpool was res garded as an evidence of belated short covering. which would quickly demand and gradually sold the market off. They consider the reaction has created another weak condition by eliminating short in- ferest. but today there were no indica- tions of buying by the interests which sold yesterday afternoon. There is bet ter demand for export. with an active
The Birmingham age-herald., 1915-11-13
Metal Market

New York, November 12.-Copper firm; electrolytic. sls.s7@1s.5o; iron steady and unchanged. Metal exchange quotes tin unsettled. Al bid At London spot cop per R77, los: futures R77, los; electrolytic f9l. los: spot tin, e172; futures e171, los; antimony. f125.
 The metal exchange quoted lead offered s5.15; spelter, $l6416.50. At London lead G26 2s. Cd; spelter. f87
The Birmingham age-herald., 1915-11-13
Hubbard Bros. & CO.

Cettcn Mefchant1, Heneyer seuaFe, N. ehanK& New Orieans Cotton ExchanEs,
 xew York Produce Exchange, As.ociste |Orders soiicited for the purchsss snd hale of Cotton and Cotton Seed on for |kuture delivery; 6peciat attention and 5pot cotton for deliverys GcgTospQnls ls
The Birmingham age-herald., 1915-11-13
Spot Cotton
The Iron Market
Too Much for Bridget

From the St. Louis Globe Democrat.
 Bridget said the professor. in his deep JoEnsonian voice. "step to the door and see if that wagon is filled with agricul-, tural products
 s'Sure, sor there's nothin' in it at all at all, barrin' lot of vigetables," answered Bridget, as she closed the door.
The Birmingham age-herald., 1915-11-13
Kansas City Grain

kansas City, November 12.-Wheat, No. 3 hard. $1.01@1.oS No. ? red, $1.10
 @1.12. Corn, No 2 mixed, 59@ 591 F c: No. white. 59@60c; No. 3 yellow, 60@
 Sic. Oats. No. white, S7@37hc; No. ? mixed. 344 1Rc.
The Birmingham age-herald., 1915-11-13
New Orleans Cotton Market
New Orleans Cotton

New Orleans, November 12.-Spot cotton quiet, unchanged Sales on the spot, 1So bales; to arrive 2445. Good ordinary, 937c; strict good ordinary, 9.93c; low midd,ing, 10-5ec; strict low middling, Hole; mid ding, 11.3Se; strict middling, I63c; good middling, 11.90c; strict middling, 12.23c. Receipts, 1O.324; stock, 2S1, ,40Y
The Birmingham age-herald., 1915-11-13
Flour and Feedstuffs

W nOIeSaI6 lluOtatIOnSJ
 Illinois flour, T25; self-rising flour, $6.60; Tennessee flour, $6.25; Michigan flour, $7; Idaho flour. $6.40; Indiana flour, $6.60; Idaho flour. $6.50; Indiana flour. s665; hard winter wheat flour, $620; wheat shorts, $32; mixed shorts $31 pure wheat bran, $2S c. s. meal, 71a per cent, $36; Cremo meal. $30; c. S. hulls, $16 per ton; No timothy hay. $22 per ton; pea green alfalfa, western, $23 southern alfalfa, $1s; mixed feeds. per ton. $33 oats. per bushel, No. ?, white. 5sc; Texas oats. CSC; corn, per bushel, 77c: cornmeal. sl.6O per two bushel sack: chops S1 .65.
The Birmingham age-herald., 1915-11-13
Coffee Market

New York. November 12.-The market |for coffee futures eased off little further
 today under scattering liquidation. which |seemed to be inspired by the absence of |any aggressive support and talk of some |what freer Brazilian offerings. The mar |ket opened, at unchanged prices, but sold |on tp 6.66c for December and 6.7Sc for May. with the close showing net loss of |from ? to "A points. Sales, 19.000.. No
The Birmingham age-herald., 1915-11-13
St. Louis Grain

St Louis, November 12.--Wheat, No
 2 red. s1.16@1.17; No. hard, $1.05 e 106; December, $1.03A; May, $1.04s al .0o. Corn, No. 2. 61Ac; No ? wh te. 61 X c; December, 579sc May. 611s@ 61 ssc. Oats, No 2, 36e; No. , white, nominal; December, S5 F c: May, 3sssc.
The Birmingham age-herald., 1915-11-13
Meats .

Crackers Selling Price) Extra Ribs-11c. Bellies-12Ac. Butts-19c Pork Loins-17c. Neck Bones-5c. Breakfast Bacon-20@25c. Spare Ribs-10c. Regular Hams-1715c. Skinned Hams-171ac Pure Lard-10Hc; compound, 9%c.
The Birmingham age-herald., 1915-11-13
Sugar Market

New York, November 12-Raw sugar firm; centrifugal, 5.01c; molasses, 424c; refined firm. Sugar futures opened firm on continued covering by shorts and sup port from trade interests At noon prices were 1 to : points higher.
 Later new crop positions declined under selling by Cuban interests. The closing was steady, ? points lower to 5 points higher Sales, 21.959 tons; December, SSSc; March s.19c; May, 324c; July, s.35c.
The Birmingham age-herald., 1915-11-13

sumption of the present year to the contrary notwithstanding. Whether they buy it today or tomorrow. next month, or two months hence, does not affect the intrinsic value of the com modity or the ultimate price, which l am satisfied beyond peradventure will be very high. l have stated my views for believing repeatedly in these letters. but they will bear repetition. as we all sometimes forget the main things in the temporary fluctuations
 l. A short crop this year and proba- bilities for another next year
 2 Consumption that will exhaust the present supply before another crop can nature
 Keep these facts in mind all the time and do not be led away from your original. reasoning by the chalk marksl