davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1915-11-06
WEEKLY REVIEW !. OF COTTON MARKET
Cotton Prices Make Decline of Practically $S Per Bale
 Under High Level <
By Hop"

New York November 5--The rally re- ported in the cotton market toward the end of last month was followed by re- newed weakness and prices have made new low ground for the movement dur ing the week, with January contracts sell- ing off to 11.61c, or practically & per bale under the high level of the season. There was further heavy liquidation during the progress of this decline. which seemed to reflect more or less general dIsposi- tion to scale down estimates of foreign requirements and to increase estimates of the probable worlds supply. So far as indicated by the talk around the ring here. there was no change of sentiment with reference to domestic mill needs and spindles in this country are believed to be very fully employed. but Manchester advices have been unfavorable, and re- ports that Indian cotton was being used more largely in the manufacture of uni- forms naturally suggested a restriction Of the export outlet for American. More over. it has been urged in bearish circles that the exhaustion of resources abroad is beginning to be more xeeniy felt and that the most rigid economy is to be ex- pected in the use of all commodities Meanwhile, estimates of the Indian crop have been increased by several hundred thousand bales, and recent reports from the south have claimed that favorable weather conditions were leading to de- cided improvement in top crop prospects Reports that private ginning returns showed 7.q010O1 bales ginned to October 3l, also appeared to strengthen the ten- dency toward higher crop estimates, all though, owing to good weather, reia- lively large returns for this particular period might not prove irreconcilable with the smaller crop figures, and private crop estimates published have ranged between 10 5000 coo and 100000 bales, excluding
 inters. The market today, however, ap- peared to be securing rather more sup port owing to the abse6ce of any impor- tant hedge selling and reports that spin ners were buying contracts as southern spot markest.s had not fully followed the decline
The Birmingham age-herald., 1915-11-06
HARDING'S LETTER
 FEATURES MARKET

A good Liverpool, better export demand and the letter of MT. w. P. G. Harding to The Age Herald were the features in the cotton market today, which sent prices up about 19 points, at which point the market met selling of about 3o.000 bales of cotton. which was little more than it cared to digest at one time.
 The tone of the market, however, was very steady and there was generally q more friendly sentiment displayed. The failure of spot markets to decline in pro- portion to the decline in futures, and the failure to dislodge spot holders has final ly had it's effect, and the market un- doubtedly has turned the corner.
 I received a letter this morning from friend of mine who has been in his car for the last two weeks and advises me he has been through Marshall, Blount, Cleburne, Cherokee, Calhoun and Etowah counties in Alabama, and Harralson In Georgia, and says in his opinion these counties have ginned 15 per cent of the crop.
 I can see nothing ahead but very much higher prices for cotton, and am confi- dent that the recent decline has been helped along in order to weed out the weak holders getting the market specu- latively short and facilitate the accumu lation of line of cheap cotton by thesbig fellows c. F. AVERY.
The Birmingham age-herald., 1915-11-06
MARION

Marion, November 5. - Especial. ) Joseph $. Alexander of Felix has been named as the third member of the coun- ty board of tax equalization for Perry: George P. White of Marion was elected by the board of commissioners, and Charles P. Johnston of Uniontown ap- pointed by the governor. This completes the Perry board.
 The board of county commissioners have released all the tick" inspectors but three. and in a few days Dr. B. O. Minge and W. H. Edwards of the gov ernment service will leave for other counties local authorities are expect ing the release from quarantine for the county in the next few dayse
 The ginners' report for October shows 6172 bales as against 1S.354 for the same period last year. and this shows the result of the second Wear of tho boil weevil.
 A meeting of members of the Perry County Fair association was held this week and general appeal made for a mass meeting on the 18th to reor- ganiZe the fair.
 H. T. Morton of Birmingham, who made a considerable reputation as pho tographer here 20 years ago, is going to open studio here again this win ter.
The Birmingham age-herald., 1915-11-06
METAL SHARES RISE ON STOCK EXCHANGE War Specialities Erratic as Result of Foreign Finan-
 cial Statement
Sct@,

New York, November 5.-Metal shares were the chief sustaining influence of todays market, other parts of the stock list showing an irregular or heavy trend. The inquiry for coppers was in cessant. trading in that group attain ing large proportions, with new records for Anaconda, which added a point to it's recent rise at ST, Chino l 1s at 55 Is and Utah 21s at 757s. Other coppers, including American Smelling, rose to 3 points. According to trade reports, demand for this product, both from domestic and foreign consumers, indi- cates material increase and higher quotations for the metal are predicted.
 Specialties, more particularly those in the so-called war classes, were again cent financial statements which indo- cated that some of the spectacular ad- yances of the mid summer were not warranted by actual business condi- tions. Bethlehem Steel fuctuated with in a narrow range and closed at 435, loss of 5 points. United States Steel, which was less active relatively, though leading all other favorites, broke 1 A to S6is and closed without recovery. Railway shares were. under greater pressure. their gains of the early week inducing further realizing sales. Cana dian Pacific fell 8 9s to 1855 and Atchi- son, Union Pacific, Southern Pacific, New York Central and New Haven yielded 1 to over points. Among the lesser rails the heaviness of Missouri Pacific and Denver and Rio Grande issues suggested some apprehension re- garding latest developments affecting those properties.
 The sessions activity was confined to the first and last hours, with frequent intermediate periods of dullness. Low est prices were quoted in the final deal- ings, investmentsstookss showing great est heaviness.
 Sterling exchange was @ trifle lower, but assurances respecting new London credits were helpful in imparting stronger tone Hater. Local banks are expected to show cash loss tomor row, despite large additional receipts of gold. Bank clearings point to steady expansion of industrial and commer cial activity.
 International merchantile marine E per cent bonds and certificates were the features of the bond market, those issues advancing substantially on re- ports of an agreement regarding terms of reorganization.
 Total sales, par value, aggregated $7,4o40.000.
 United States bonds were unchanged on call.
The Birmingham age-herald., 1915-11-06
ENLARGED RECEIPTS
 SETBACK VALUES
Attempts to Grab Profits by Shipping Wheat Failed
 to Materialize

Chicago, November 5.-Signs of much enlarged receipts here next week brought about a setback in wheat values today, after the market had reached level 10 gents above the low point of October 9. The finish was heavy at 2s@1ac to ssc net decline, with December at $f .04s.6I1 047s. and May at $1.05ts. Corn closed 146l9sc up; oats with a gain of a shade, and pro- visions unchanged to 1Oc higher
 Evident attempts to grab profits by shipping wheat to Chicago from other leading terminals, notably Minneapolis and Kansas City. gave to traders here a desire to realize on holdings. The wish did not manifest itself in action. how ever. until the December delivery here had touched SLOT and had acquired a premium of ssc over May. Big export clearances were chiefly responsible for this bulge, although the strength was owing also to foreign buying at Winnipeg and to advices that the crop movement a notable falling off. The export clear ances today amounted to 3,474,0oo bushels, the largest total in months.
 Announcement from Liverpool that ar engagements for uninterrupted shipment of supplies from Russia all winter had been effected by the completion of rail road to new port called Ekaterina did not appear to have much influence on the wheat market here. A moderate tempor- ary dip in prices at the start was the only perceptible result. Corn advanced in sympathy with wheat and owing to prospects of unsettled weather and to talk of export sales by way of the Gulf of Mexico. Disappointing returns from huskers were numerous. Oats kept with in, a narrow range. Seaboard demand continued.
 Packers buying rallied provisions. At first the market was weak because of the lack of support
The Birmingham age-herald., 1915-11-06
COTTON MOVES ON
 ANARR0W MARGIN
Prices Held Up to the Level of Thursdays
 Close

New Orleans, November 5-While the cotton market was rather narrow today it was steady and prices were held above the level of yesterdays close through out the session. although late in the day the advance was almost wholly lost, the close being at net advance of only tc points. Late in the session offering came from holders of long contracts, who appeared to desire to even up over Mon days bureau report on ginning.
 The market opened at an advance and rose 16 to IS points in the trading up tc the middle of the day in the face of ideal weather over the belt, the lack of any important spot demand and small ex. ports. Much of the demand came from shorts, who either wanted their profits or else wanted to cover against the fear of losses. This buying was influenced by comment on the improved technical position.
 Bearish claims were that the good weather over the belt was making cot. ton. but they did not influence the trad ing of the day to any appreciabie ex. tent.
The Birmingham age-herald., 1915-11-06
COTTON PRICES
 TAKE SHARP RALLY General List Closed Barely Steady at Gain of Sev-
 eral Points

New York, November 5.-There was quite 8 sharp rally in the cotton mar ket during todays earlier trading with January selling up to 11.s1c, but at this advance of about $1.50 per bale from the low level of last Wednesday, the demand seemed to taper off and prices lost part of their gain with January closing at 11.77c. The general list closed barely steady at a net advance of to points.
 The market opened steady at an ad- vance of 1 to 4 points in sympathy with relative steady cables and developed considerable firmness during the early trading. There was little southern selling here which was supposed to be against actual, but offerings of that sort were too small to suggest any real weakness among southern holders and there was evidently disposition to take profits on short cotton after the big break earlier in the week and be- fore the publication of the ginning fig ures expected on Monday. Private pre- dictions that the weather in the south would become less favorable over the weekend, probably tended to increase the covering movement, while there also was considerable Liverpool buying and some trade demand which was said to reflect spinners' calling. December contracts advanced to 11.77c; March to 12.12c and May to 12.26c during the middle of the day, or about IT to IS points above last nights closing fig ures, but at this level support was less in evidence and the market eased off some IA or 15 points from the best in the late trading under profit taking by early buyers or a renewal of scat tering local pressure. There was noth- ing in today's news to create any fresh sentiment as to the probable showing of the ginning figures on Monday, but as weather conditions have been fla vorable, comparatively full returns are anticipated Southern spot advices were conflicting, but the absence of hedge selling was quite generally taken here as indicating that southern holders were not yet willing to follow the de- cline in futures, and private cables from Liverpool reported a scarcity of con tracts.
 New York Cotton Futures
The Birmingham age-herald., 1915-11-06
MOULTON

Moulton Noveber 5.tSpecial )R. E. Coburn tyf Courttand. who was ap- pointed by Governor Henderson. was here Monday and qualified as a. member of the couty board of equalization. J. A. BerruhilI of this place has also been named by tipe county board of revenue as member.
 The recent ginners' report showed SITS bales ginned in Lawrence county prior to October IS, against l0001 last year.
 Moulton is soon to have a system of water supply. A gravity system will be put in by which water will be sup piled from the Gibsons spring
 Colonel Hunter. who died at Court land Monday evening, was well known by many people of this place. He has for 20 yeW's been postmaster of that place
The Birmingham age-herald., 1915-11-06

Overland to mills and Canada for season, @700o; same date last year. 1590OO same date year before, 2S2.00o. Southern mil takings for season. s26, GOO; same date last year, 595.0eo; same date year before, 77600o. Interior stocks in excess of August l, 6Si, GOO; last year, 756, ,000; year before 4l300o. Foreign exports for week, 129,0O0; same seven days last year, 135,000; same seven days year before, 403000: for season, 1899, 0N; same date last year, 66oO0o; same date year before, 2,59o,000 Northern spinners taAings and Canada for week, 112.000; same seven days last year, 3T,000: for sea son, 574000; to same date last year. 546,00o
 Spinners' Takings
 Statement of spinners' takings of American cotton throughout the world
 This week, 24s.Oo0; same seven days last year, 312,000; same seven days year before, 494,000. Total since August l. S,356. .000; same date last year. 2,005,000 same date year before, 3,447,000.
 Worlds Visible Cotton Supply
 Total visible this week, 5,00S, ,147; last week, 4,91S,242; same date last year 4,004,929; same date year before, 4,51S, week, 3,S76. .4S1; last week, 3,751,053; last year, 2,S46,137; year before. 3,405,07S All other kinds this week, 1.1S1, ,666; last week, 1,l67, ,1S9; last year, 1,15S,792; year before, 1,l13.000. Visible in the United States this week, 2,293, 900; this date last year, 1,705,0 Visible in other coun- tries this week, 2,715,000 this date last year, 2,300.0o0.
The Birmingham age-herald., 1915-11-06
Sugar Market

New York, November 5.-Raw sugar firm; centrifugal, 4.57c; molasses, S.slc; re fined firm, 15 points higner; cut loaf, 469 G6 400: crushed, 6.S0c: mould A, o.soc; cubes, 5.75c; powdered, 5.65c; fine granu- lated. S.5Oc; diamond A, 5.59c; confection- ers A, 5.4Oc; No 1, 5.25c.
 Sugar futures opened f1rmer on buying and covering prompted by the firmness in raw and refined. At noon prices were 6 to ii points higher. Realizing caused a req action in the afternoon, but the market closed steady to points higher. Sales 615O tons. December, S.Slc; March, 3.06c; May, 3.16c; July, 3.22c
The Birmingham age-herald., 1915-11-06
Hubbard Bros. & Co.

Cotton Merchants, Hapoyer Square. N.
 Members New York Cotton Ex- change New Orleans Cotton Exchange. New York Produce Exchange. Associate Members Liverpool Cotton Association: Orders solicited for the purchase and saie of Cotton and Cotton Seed Oil for future delivery. Special attention and liberal terms given for consfEnments of snce Invited.
The Birmingham age-herald., 1915-11-06
Dry Goods Market

New York, November Hast colored cottons advanced rapidly during the day and large users of blue denims paid handsome premiums for small lots. Dress ginghams advanced second time, while gray goods and sheetings were easier with inquiries more frequent for larger quantities than have been sold recently.
The Birmingham age-herald., 1915-11-06
Chicago Gain

Chicago. November 5.-Wheat: No. red, $l.hSQi1.11; No. ?. hard nominal; No. hard s1 .03C1 .o6. Corn: No. yellow 65c; No. ? white, G5.sc. Oats: No. white, 36A @s7c: standard S91s@40c. Rye: No 7. $1 .02 Barley 55@65c. Timothy. s5GS. Clover. $10@20. Pork, s14.25. Lard, $s.S0. Ribs, S9. .37lI10. 50
The Birmingham age-herald., 1915-11-06
New Orleans Cotton Futures
New Orleans Cotton

New Orleans, November 5.-Spot cotton steady, unchanged. Sales on the spot 1l45; to arrive, 1925. Good ordinary. 9s6c strict good ordinary, 992c: low midding, 1O.5 .55c strict low middling, He; middling Il .37c; strict middling, Il .62c; good mid ding, 1.62c; good middling. II .94c; strict good middling, 12.3lc. Receipts, 10720 stock, 266 406.
The Birmingham age-herald., 1915-11-06
Produce Market

New York. November 5.-Butter firmer: receipts, 5236; creamery. extras. 92-score. 29%QS0c; creamery higher, scoring 30i1M Slc; firsts, 271a429c. Eggs irregular; re- ceipts. 67l3; fresh gathered extra fine. S9Gp 40c: extra firsts, 36q3Sc; firsts, 3la3Jc seconds, 27W39c. Cheese firm; receipts, 2519; state whole milk flats. held specials, 131zQ14c; state whole milk flats, average fancy, l5l4M151ac: state whole milk flats fresh specials, 15a4Gl57sc; state whole milk, flats. fresh specials, 15as@1%c; state milk flats, average fancy, 15al51.c. Live poul- try steady; western chickens, l+1l5c: fowls, 13Ql5c; turkeys. 1Saaoc. Dressed quiet; westernfres chckeps, broilers, II Q23c; fresh fowls, iced, 12ll61ac; frozen turkeys. 1SU221ac.
 Chicago, November 5.--Butter higher. creamery, 2s1aM2s18c. Eggs higher re- ceipts, 2l62 cases; firsts, 28@29c; ordinary flrsts, z7Q271sc; at mark. cases included a0dy28c. Potatoes unsettled; receipts, 52 cars; Michigan and Wisconsin, 4oQl50c Minnesota whites, 42050c: Minnesota Ohios. 42Q4Sc Poultry, alive. unchanged
 St. Louis, November 5.-Poultry un- changed except chickens, 13c; ducks, 14c. Butter and eggs, unchanged
 Kansas City, November 5.--Butter eggs and poultry unchanEed
The Birmingham age-herald., 1915-11-06
Negro Killed at Church Supper

Huntsville, November 5.-(Special)-In a fight that broke ont at q negro church supper near Toney last night, Eli Bell was ekot and killed by Jim Draper. The fight resulted from a quarrel about a woman. Draper escaped to Birmingham. but was captured by the police there.
The Birmingham age-herald., 1915-11-06
Charles Fairchilds & Co.'S Letter

New York, November 5.--(Special) The cotton market today duplicated yesterdays swing of about 17 points Early and midday tendencies were up- ward towards the close, however, real izing sales and bear pressure carried prices to about the opening levels. It appears hard far the market to score any material advance at the present time-everyone seems skeptical of any sustained upturn and the talent needs a Moses in Knowledge or Napoleon in dash, to lead it out of the slough of despond at present existing.
 The government figures on cotton ginned prior to November 1 will be issued Monday next at 10 a. m. The total is likely to be large-that is to be expected in view of the high prices recently prevailing for spots which has encouraged the farmer to pick. gin and in most instances market early
 But heavy ginning figures in our opinion have been discounted by the recent decline of about $S per bale and we believe that mill, trade and specula- tive interests are likely to enter the market progressively after Mondays re- port is out of the way.
 We still favor purchase of May oil on all decines--we think it will cross Sc before it's expiration.
The Birmingham age-herald., 1915-11-06
Weekly Statistics

Liverpool, November 5.-Weelly cotton statistics: Total forwarded to mills, 96,- 600 bales; American, 7S,000; stock, 9l6,000; American, 6s9,0O0; imports, 106.0OO; Ameri- can, 91, ,0O0; exports, 4o00.
The Birmingham age-herald., 1915-11-06
New York Cotton Futures
Port Cotton Market

New Orleans: Middling, l1.37c; receipts, 1072O sales. 2170 stock, 266 406.
 Galveston: Middling, u.60c; receipts, 6655; exports, 13,3lS; sales, 1254 stock, 29l,- 13,
 Mobile: Middling, 11.12c; receipts. 11Ss; sales, 175; stock, 1S,776.
 Savannah: Middline, 11.o0c, receipts, S357; sales, 2i20; stock, N2,s57.
 Charleston: Midd,ing, 11Nc; receipts, 1901: stock. 9o,209.
 Wilmington: Receipts, 1193; stock, 35546. Texas City: Receipts, 5516.
 Norfolk: Middling. I.44c; receipts, 244I sales, 10e7; stock, 6e,0Sc.
 Baltimore: Receipts, All; stock, 2o46. Boston: Middling, 11.s0c; receipts, 4S; stock. 506:.
 Philadelphia: Middling, 12.15c; stock. 2521.s
 New York: Middling, 11.9Oc; exports, 12S; stock, 296. AS
 Minor ports: Receipts, 1500; exports, 9722; stock. 4S.9V7.
 Tatal tcday: Receipts S4642; exports. g, ,163; stock, 1923, AT.
 Total for week: Receipts, TAG; ex- ports. 12a25s.
 Total for season: Receipts, 2,3s5472; ex- ports 2oS 935
The Birmingham age-herald., 1915-11-06
St. Louis Grain

St. Louis. November 5.-Cash wheat No 3 red. s 1iG1.12; red December. S1.041s May, s1.95M Corn: No. 2, 6114c; No. white, 62c; December, 57A@57ssc; May 59Ac. Oats: No. 2. 36c: No. 2 white, nomi- nal December. 36lsc; May 3Sc.
The Birmingham age-herald., 1915-11-06
New Orleans Rice Market

New Orleans, November 5.-Rough and clean Honduras rice was cteady today the two grades of Jspan being strong Receipts rough, 6056; ri.lere. 4425; clean, s3'S. Sales, 517 sacks rough Honduras at 7. .i6at4. .25c; .s53 pockets clean Honduras at aLNohc. llJ5 rockets Japan at 2M@ fsc Quote Rough Tcrduras, 3Mi. .25c other unchanged
The Birmingham age-herald., 1915-11-06
Kansas City Grain

Kansas City. November 5.--Wileat: No. hard. Sl l.h2M1.13; NJ. red. $1.12Q1 l5. Corn: No. 2 mixed, c!@6lAc: No white, 60N6lc; No. Scl,tw. GlG62c. Oats: No. . white, 5i@37iac; No / mixed, 34G351ac
The Birmingham age-herald., 1915-11-06
Hubbard Bros. & Co.'s Letter

New York, November 5.-tSpecial) Our advices from Liverpool state that 1t appears the consumption of cotton in Great Britain will exceed last season Of course it will, only Manchester has been a long time finding out that the people of the world not at war will need cotton goods and that even sol diers need clothes. Here, the market advanced on better spot demand in the south until the last hour when heavy selling by broker supposed to represent the bulls broke the market down. Whether this selling was for them or for another account Is un- known, but rumors are ahoat that q bearish government ginners report must be expected on Monday.
 Manchester continues to take cot ton from Liverpool in large quantities. Local sentiment Is that reactions will occur from time to time but no per manent advance is likely with so much cotton coming in.
The Birmingham age-herald., 1915-11-06
IiyerpoOl Cotton

Liverpool, November 5.-Cotton, spot barely steady. Good middling, 725d; mid ding, 6.9ld; low middling 643d; sales i2,000; for speculation and export, 1000: receipts, 29,000; futures steady; November, 6791ad; November December, 679d; De cember-January and January-February, and February March, 76S1ad; March April April-M May and May-June, 6.7Sd; Junc-July 6.751ad; uly-August, 673d; August-Septem- ber 6.761ad; September-October, 645izd: October November, 641iad.
The Birmingham age-herald., 1915-11-06
Hester's Weekly Cotton Statement

Comparisons are to actual dates, not to close of f<corresponding weeks.
 In sight for week, 473o0O: same seven days last year, 560, ,090; same seven days year before, 743.00o for the month, s95,00o; same date last year. 4l3000; same date year before. 509,OO0; for season, 3595c.000; same date last year. 31S0,000; same date year before. 5.527.0o0. Port receipts for season, 2,sS5. GOO; same date last year, 1,6n.- GOO; same date year before last, 4,loG,0Oo.
The Birmingham age-herald., 1915-11-06
Interior Cotton Market

IIouston: Mddling, Il BOG; receipts, Sjss: shipments, 6916; sales. 1865; stock, 175,703
 Memphis: Middling, 1.75c; receipts. IS, 207; shipments, Ss03; sales. 1850; stock, 1sl e27
 August: Middling, fl.5oc: receipts. SS4; shipments, 7lS; sales. 290s stock, 169,540.
 St Louis: Middling. il. 34c; receipts, 5969; shipments, 694S; stock, 7419.
 Cincinnati: Receipts. 9i7; shipments, 108s; stock, 10,506.
 Little Rock: Middling, 11.Ssc; receipts, s65: shipments. 1922; sales 1852, stock. 27. .66o.
 Dallas: Middling, Il .05c.
 Montgomery: Middling, Il. 25c
 Total today: Receipts, 32S6S; shipments, a0, ,Ss;5; stock, 582, 450.