The Birmingham age-herald., 1915-05-27
The Cotton Market

'"The local cotton market mas held up remarkably well under the recent strain which was brought about by the entrance of Italy into the war" remarked Bir- mingham cotton broker.
 Tn fact, there has been only de- crease of Ac in quotations on spot cotton since the declaration of war by that coun- try. There was a loss of about 20 points on New York futures Tuesday, and further loss of or 10 points on Wednes- day; but later on in the day there was a recovery of several points, so that the net loss on that day amounted to only 2 or 8 points. This may be viewed as remarkable indication of strength and it can be readily seen that the present market is such as to withstand most any kind of a shock.
 with both the European and Asiatic disturbances to influence quotations, mar ket conditions which now prevail may well be regarded as remarkable. While it is of course true that the demand for cot ton products will not be much affected by Italys entrance into the war, it must be remembered that such a matter IS the declaration of war on the part of powerful nation is usually enough to send dealers on the cotton exchange scurry- ing to cover with the result that large quantities of the staple are dumped on the market This naturally sends quota tions to such a low ebb that long time is re- quired in which to regain it's wonted strength or buoyancy.
 ''The sinking of the Lsisitania is also c1t iPia fA ;v, diplomatic relations with Germany. All in all the southern planter and dealer may well feel greatly reassured at the ren arkable indications of strength in the cotton market under so many trying cir cumstances; and I believe that a radical change for the better in the cotton sit uation will take place on the least indi- cation of an early restoration of peace full tranquility across the waters" History In the Making
 Tt may be said without the least af-
 fectation, upon reviewing the worlds s events within the past year, that history is now only in the making" remarked c. l.. Bales of the High school faculty. Indeed, since the first outbreak Of war
 
 lowed each other with such startling sud denness and rapidity that historians have been left far behind in their records; and in all probability the map of the eastern hemisphere will undergo almost a com plete change before the great struggle is brought to final close Each days dis patches from the front brings tidings re- garding some event which will go down in history as of epoch making importance. The recent entrance of Italy into the con- fiict is regarded by many authorities as of decisive import.
 "The pupils of my history class at the High school this year have shown great interest in European affairs. In fact. it has seemed at times that some kinds of history study which were formerly considered dry and without human interest have become all at once, in the light of present day events, to be | of fascinating interest. During the past | few months have formed the custom of scanning closely the columns of The Age Herald's first page with view to secur- | ing data of historical interest, and t has become regular practice to place bule- | tins on the blackboard so that tie stu dents may become familiar with currert l events, which are now realized to have q very close relation to past history am also able to secure much excellent tnfor-
 nation along this line from the Literary
 Digest. Events of a most important na- ture, however, are now coming thick and
 fast, and I would advise my own pupils
 as we'll as all of those who. feel an inter | est in history and who wish to keep i abreast of the times to read with regu-
 larty the dispatches which appear daily '-' sirminghams morning publication
 fresh from the scene of aetion.'