davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
RAPID ADVANCE
ON COTTON MARKET
Prices Firmed Up on Buy
ing by Spot
Houses

New York, November Ak-The prompt
stopping of December notices and firmer
Liverpool cables were followed by a very
rapid advance in the cotton market here
today and prices recovered about nc on
their recent losses. December contracts
sold up from 19.74c to 20 42c, or 60 points
above last nights closing figures, and the
general list closed firm at net advances
of 80 to 60 points.
The opening was somewhat irregular
owing to the circulation of the notices
which were estimated at about 10000
bales. December started at decline of
points under scattered LIQUIDATION, but
other months were about to points
higher in response to relatively firm ca
bles, and December quickly frmed up on
buying by spot houses. Indications that
the notices were being promptly stopped
evidently made a favorable impression
on sentiment which was also influenced
by bullish overnight spot advices from
the south and private cables reporting
that liquidation seemed to be pretty well
over in Liverpool Later the buying was
further stimulated by rumors that the
people taking up notices both here and
in New Orleans would probably ship the
cotton to Russia and the market became
very firm during the afternoon. In adj
dition to active covering by recent sellers,
there appeared to be fresh buying for
long account as well as rebuying by
sold-out longs, and there were also re-
ports that New England mill interests
had been buyers here on recent declines.
January sold up from 1880 at the open
ing to 20.5Sc in the trading, while May
advanced from 20.40c to 20.90c. The close
was within to points or the best, al
though the market met considerable re-
alizing in the late trading. The rumor
was that the same interests who had
taken up December noices today were
prepared to take up further deliveries,
and were also long of January as a re-
suit of purchases made last spring or
summer. Buying also appeared to be en-
couraged by reports of continued activity
in the goods market, but good part of
the days demand was attributed to COW
ering by shorts for over the weekend
after the recent break of more than cent
a point.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
Grand Old Man of the Santa Fe

1.-THE traffic manager of the G. B. and
Q. had an obstinate debate with the
writer in the current issue of the Nations
traffic manager of the Santa Fe," says a
Business. "rll arbtrate the case" wears-
ly said the Santa Fe man, seeking way
out of the dispute.
Agreed replied the officer OF the c..
B. and @. II am willing to leave the
whole matter with Mr.. Ripley. your
own president
go to thunder" the representative of
the Santa Fe shot back-and the debate
was on again.
Those who intimately know Edward
Fayson Ripley, the remarkable recon
structor of one of the longest and rich
est railroads in the world, say that he
would have made a brilliant and famous
judge, or a soldier of the type of General
Grant.
A large man, structurally and intellect
ually--a massive man in head and fea-
lures; tall, broad, angular. fiat at the
abdomen as an athlete; huge or chin.
nose and mouth and gray of eyes; SYM
metrical and leonine, he is. indeed. sucn
man as one would picture on a tre-
mendous black horse, armor-clad and
carrying a heavy sword and long lance,
at once a terror to his foes and bull
wark to his friends.
1.-THE old man." he is called in respect
and admiration up and down his 1000
miles of tracks. A mighty getter of
freight, tireless, terse and sagacious, he
contradicts the stern aspect of his
countenance and manner by being kind
charitable and just.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
STRENGTH SHOWN
ON COTTON MARKET
Heavy Buying Sends Cotton
Upward and Prices Make
Advance

New Orleans, November 24.-Unex-
pected strength developed in cotton
on this market today on the quick
stopping of the first December notices.
Only about 5000 bales were rendered
here and notices of tenders were not
allowed to circulate at all.
One report was that they were taken
up by brokers representing strong
Russian interests, il not the Russian
government itself.
Around the opening the market was
barely steady and active months were
10 to IL points off, longs plainly be-
ing nervous over December develop
ments. AS soon as it appeared that De-
cember notices were being taken up,
Immediately the market steadied,
quickly advanced, and gradually
widened the gain during the remainder
of the session. At the highest trading
months were As to 81 points over yes
terday's last quotations. Closing prices
were at net gain of A to 40 points
on the old crops. October closed at r
net rise of S5 points. From the lowest
to the highest on December there was
a rise of 81 points, or a little over SO
a bale.
A momentary setback was expert
enced in the afternoon when spots were
quoted 25 points lower, but after this
the market went higher than ever on
the heaviest kind of buying. One re-
port was that large lumber interests
were taking hold of cotton on big
scale.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
CHANCE OF EMBARGO
DEPRESSES WHEAT.
Rallies Due to European
Buying Failed to Hold
and Prices Drop

Chicago. November 24-Embargo pros
poets gave such an advantage today to
the bears in wheat that rallies due to Eu-
ropean buying failed to hold. The market
closed weak, 1l1Q2l1c net lower, with De-
cember at S1.7S2z01.7SN and May at s1.s51s
5sLS5%. Other leading staples, too, all
showed a set-back-corn, 1sG14c to ssd1kc:
cats, ssQ1ac to 1h@5sc, and provisions 2h.69
SC to s71kc.
Increased attention to the chances of
an embargo seemed to be evident
throughout the day in the wheat pit.
Some of the bull leaders took the posi-
ton that the proposed enactment would
prove to be only talk, but majority of
traders appeared to evince concern over
an opinion current that the law might be
put into effect with little delay and that
as an emergency measure to protect the
domestic food supply the fact that leading
buyers with foreign governments would
not prevent the enforcement of the stat
ute. Likelihood of another increase in
the United states visible total on Monday
counted also against the bears, and SO,
too, did reports of rain In Argentina.
Something of a revival of export bust
ness led at one time to a pronounced
rally In wheat values, but the estimates
Of the total sales to foreigners were
rather disappointing, the highest aggre-,
gate mentioned being 100000 bushels. Be-
sides, the latest advices from Argentina
were that the rains in southern Argen-
tina had been heavy enough to be of real
benefit and that the crop outlook was
therefore a little more encouraging.
Corn swayed with wheat and closed
heavy. Better weather pointing to en-
iarged receipts was only temporarily off
set by an improved export demand. Oats
averaged lower with other cereals Car
scarcity hampered shippers. Pro-
visions weakened after a bulge that was
due to higher quotations on hogs. 1t
was said that export trade was smaller
and southern demand poor.
Future quotations were as follows:
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
Spot Cotton
Pig Iron


J. Wainwright Evans in the Nations
Business
Once upon a time there was a lit
tie man with large assortment of
ideas; and he went to baseball game
to find surcease from thought in the
crack of the bat and the long hit Now
the particular idea that had been bug
zing the loudest in his head at thpt
time was the common house fly and
how to make it uncommon. He never
could look at fly without feeling a
cruel desire to squash it. He was in
fact, about to publish "a health bull
letin indicting the fly on more counts
than the fly has eyes and he has sew
eral thousand and fifty. Well, when
he got to the game. and had just rid
himself of the whole notion for a mo-
n,ent, and was eagerly awaiting ac-
ton on the part of the batsman,
somebody--in fact a lot of them
shouted, 'Swat the BALL" The bats
man did; he swatted the prettiest fly
any fan would ask to see. And then
while the crowd roared. the fly-hater
took out a pencil and scrubbed on q
bit of paper those three winged words
that were destined in the months that
followed to fly around the world and
back again: swat the fly"
The little man was DR.. S. ]. Crum-
hire and he is now looking for a
slogan to carry conviction to the
country that 1t is losing nearly bill
lion dollars each year through needles
illness and incapacity for work.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
WEEKLY REVIEW
OF COTTON MARKET
Active and Excited
During Week With
Prices Unsettled

New York, November A-The cotton
market has been extremely active and
excited during the past week. The gen.
eral buying movement which had been in
spired by bullish crop estimates and an
improving spot demand seemed to culrni-
nate on the advance to H.24c for May
contracts on Tuesday and the publication
OF the census report was evidently the
signal for heavy realizing. The ginning
Of 9,6l5,SS3 bales to November IA was
Just about in line with average expecta-
ton and the failure Of the figures to bring
In broadening demand was probably q
disappointment to some of the recent
buyers. Otherwise there was nothing in
the talk around the ring to indicate that
the showing bad created any fresh senti-
ment, but the market became very weak
and at times the volume of offerings was
overwhelming
Apprehensions that advancing freight
rates and higher marine war risks would
interfere with the export movement in
creased the disposition to nquidate long
commitments, while sentiment was also
unsettled by a break in Egyptian and
sensational decline in the Liverpool mar
ket on Thursday. Stop orders were uncov-
cred on a scale down and before the close
of business on Thursday night May con,
tracts had sold at 2036c, making a de-
Tuesday. Near months showed even
greater losses owing TO approximations
that heavy notices would be issued
against December contracts today, while
there may also have been some selling
on talk that higher prices were beginning
to check the demand for goods in retail
quarters.
The December notices issued hero today
were very readily taken, however, with
rumors circulating that the cotton would
be shipped out to Russia, while there
was nothing in the news from the south
to indicate that interior holders were
offering spots freely at the decline, and
there were sharp rallies during todays
trading. Liverpool also showed an i'm
proved tone with private cables reporting
that liquidation had pretty well run its
course and that further scattered selling
had been pretty well absorbed by trade
buying and covering. New England spin
ners were reported to be buying some
cotton on the decline here during the
middle of the week. but much of the buy
ing on the end week rally was attributed
to covering of shorts.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
New York Futures
Port Cotton Market

New Orleans: Middling. 19.75c; receipts,
500; sales, 1880; stock, AGA, Ais.
Galveston: Middling, 20.40c receipts,
1857; exports, 9015; sales, 1884; Stock $685.
SIG
Mobile: Middling, 2o.25c; receipts, 2174;
stock, 1880.
Savannah: Middling, 2o25c; receipts,
1915; sales 400; stock, 1854
Charleston: Middling, 1870; receipts,
1872; stock, 1876.
Wilmington: Middllng, 1880; receipts,
246; stock, 81, 235.
Norfolk: Middling, 1860; receipts, 3555
exports, 200; sales, 47S; stock, S6,911.
Baltimore: Receipts, 1850; stock, 26S7.
Boston: Middling, 2010c; receipts, 42S;
stock, I'LL.
Philadelphia: Middling. 2o.7oc; receipts.
202; stock, 1924
New York: Middling, 20.45c; receipts.
$685. exports, 800; stock, 1854
Minor ports: Receipts, 10,5S0; exports,
21,510: stock, 60135.
Total today: Receipts, 1885; exports,
31.625; stock, lat, 636.
Total for week: Receipts. 2S2,Ss4; ex-
ports, 1243O7.
Total for season: Receipts, s,773,9 25; ex-
ports, 2,252, 40. sas,
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
Origin of "Electricity"

From the Electrical Experimental
Millions of people of today who are
living in an electrical age, undoubt-
edly do not know where the term
electricity originated, and how people
came to use the word universally to
signify that power which performs all
the myriad wonders that we see daily
all about us
From elektron, the Greek name for
amber, is derived the word electricity,
which is now extended to signify not
only it's power of attracting light
bodies when it is agitated by rubbing
with silk, fur. etc, but other powers
connected with it, in whatever bodies
they may be communicated.
The attractive nature of electrified
amber is occasionally mentioned by
Pliny and other later naturalists; par
ticularly by Gassendus, kenelm, Dig
by and Sir Thomas Brown.
Very exhaustive experiments have
been carried out by William Gilbert, a
native of Colchester, and physician
at London. who. in his excellent Latin
treatise. de Magnetic published in
the year 1900, relates great variety
Of electrical experiments, which were
allied in nature to the properties pos
sessed by amber. He has disclosed sew
eral of the substances which had these
peculiar properties of attracting light
bodies when agitated by a material.
Amber was used by the ancient world
as a Jewel for decoration. Its color
and luster reminded the fanciful
Greeks of the virgin gold which glise-
ened in the hands of Pactolus; even
as the brilliant metal itself had re-
called to them the yellow SUM me.
Afterward they applied the same name
to the compounds Of metals which.
when FURNISHED. have golden glow.
They were all children Of the sun
MISUNDERSTANDING in miniature its
radiance Thus in common with native
gold and the silver gold alloys, the
amber. in Hellenic speech, came to be
called "elektron."
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
Produce Market

New York, November 4.-Butter
steadier; receipts, 1908; creamery, higher
than extras, 421aQ4Sc; creamery extras,
80 score. 42c; firsts, 3S1z94lc. Eggs firmer;
receipts, 4183; fresh gathered extra fine.
49d5Oc; extra firsts 46d4Sc; firsts 43@45c.
Cheese firm; receipts. 1898; state fresh
specials, 24A@241ac; state fresh specials,
average fancy. 2S1a@24c. Dressed poultry
firm; chickens, 20Q31c; fowls, 16@2Sc; tur-
keys, 25634c.
Live poultry irregular; chickens, 1Sc;
fowls. 16@1Sc; turkeys, 21Q25c.
Chicago. November 24.-Butter higher;
creamery. 36942c. Eggs: Receipts, 2755
cases; unchanged. Potatoes: Receipts, rs
cars; unchanged. Poultry, alive, higher;
fowls. 141ac; springs, 151zc.
st. Louis, November 24.-Poultry: Hens
Unchanged; springs, 1311c; turkeys, 15Q
23lac: ducks. 14c; geese, 12lsc. Butter
and eggs unchanged.
Kansas City, November 24-Butter,
eggs and poultry unchanged.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
From Birmingham Viewpoint

| Gulf States Steel recovered from the
depression of several days and advanced
hearty $40 a share on the stock exchange
yesterday. While the Gulf States COM
non made phenomenal gain, the other
heel stocks braced for substantial adj
Eances
United States Steel, advanced over 81,
ppening at 1241a and closing at 1865. Re-
public Iron and Steel common was
narked at STE at opening and 1914 at
he close. Sloss-Sheffield kept pace with
The advances, going from s41a to S6%.
The market was unusually steady in these
lhree stocks, the high marks being
accorded at the close.
\ While the Birmingham companies gain
I'd, Lackawanna fell from 104z to 1037s.
I The copper stocks showed slight gains.
The figures on the following stocks, at
|lpening and close, show this: Chile, 80
Ind 33%; Inspiration, 691a and 70as; Miami.
B and 457s Chino, 66h and 6Sas: Kennecott
ba and rs. Contrary to the other copper
locks. Nevada slumped, opening at %
md closing at ISIS.
In view Of the fact that it is currently
eported on Wall street, that the banks
Ire overloaded with industrials and will
lot loan money willingly. The market
Fas very firm yesterday.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
STOCK EXCHANGE
/ MAKES RECOVERY
Gulf States Steel Makes
Striking Gains-Metal
Shares Active

New York, November 24.-Recesslons
caused by the pessimism of the preceo-
ing session were largely overcome TO-
DAY. traders taking renewed couraee
from the failure of various unfavoraoAe
rumors to materialize. Dealings pro-
lceeded in tentative manner, however
with a complete absence of the excite
niCnt and wild fluctuations which char-
Iacterized operations of the early part
of the month.
The cautious attitude assumed by the
professional element was again traceaoei
to admonitions from banking interests
and the increasing discrimination eXer-
lcised against loans for speculative pur-
poses. This was justified by the Ihal lN'
tenance of stiff rates for call money
based on forecasts indicating furtnef
loss of reserves by local institutions.
4 Constructive developments included the
declaration of an initial dividend OF 3
per cent on Atlantic, Gulf and west IN
dies, resumption of dividends on Rail
way Steel Springs, and new or increased
disbursements by other industrial COM
lpanies
Coppers. as a group. led the recovery
on reports of a further demand for the
meta! extending into the middle of next
year. American Smelling recovered It's
luuarterly dividend more than twice over
a. an extreme rise of 3ss points with 2
to 3 points for Utah, Chile and CRANKY,
gains of to being made by Anaconda,
Chino, Ray, Kennecott, Nevada, Greene
Cananea and Inspiration.
I United States Steel was at the front
Throughout, advancing almost points to
1267s with / to 8 for Crucibie, Lacka-
wanna, Sloss-Sheffield, Colorado Fuel,
lRepublic Iron and Great Northern Ore.
More striking gains included 26 points for
Gulf States Steel, 81 for Pittsburg Coal,
I1015 for Montana Power, Z for Ohio Gas,
Az for Pressed Steel Car and s for Air
brake.
Reading, Union Pacific and Norfolk and
Western represented the high grade rails
at 1 to almost 2 points advance, while
numerous low priced issues of that di-
visions showed perceptible improvement
together with many miscellaneous stocks.
Total sales of stocks amounted to L.
27O,O00 shares.
Rock Island debenture 5s and copper
convertible issues were the strong fea-
lures of the bond market. internationals
manfestng further irregularity.
Total sales of bonds, par value, $685.
boo.
4 United States bonds were unchanged on
a
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25

later that the market developed un-
expected strength and advanced to the
highest figures of the day on an In
flux of local and southern buying or
ders.
With the December issue settled it
would seem as though the market on
today's advance had been purged of
the bearishly inclined locals How
ever, we still believe in a market of
wide swings, purchases on moderate
declines would seem advisable but
fair profits should not be ignored
Liverpool will be closed tomorrow
therefore our market will have to de-
pend upon it's own resources. We think
considerable profit taking will fol-
low any advance tomorrow. Cotton oil
is neglected We doubt if it will adj
vance materially from present levels
right now
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
Flour and Feedstuff

Michigan patent flour, s11.05; Idaho
patent flour, sos; Tennessee patent
flour, $40; high grade Self-rising flour,
$3.50; medium grade self-rising flour,
SOTO; hard winter wheat flour, S1045
spring wheat flour, s11.15; corn meal, s2.3S
per 96-lbs. sack: hen feed, SECS a sack
mixed horse and mule feed, s3S to si2;
IA per cent C. S. meal, $40; Creamo feed
meal, $50; prime c. S. hulls, $21; iintless
hulls, SIS; gray shorts. s44; brown shorts,
$42; wheat bran, $38; velvet bean meal,
$50; corn. per bushel, $1.25; corn
chops, $2.35; No. 2 white oats,
per bushel; 7Sc; wheat, per 100-lb SACK
$500; Kaffir corn and Milo maize per
100 Id. sack, s2.75; choice fancy pea green
alfalfa, per ton, s29; southern alfalfa, per
ton, $24; mixed alfalfa and Johnson
grass, per ton, $50; choice fancy timothy
hay, per ton, SIG; No. timothy hay, per
ton, s22; light clover mixed hay. per
ton, SCI, No. Johnson grass, per ton, Si4
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
Bonds
Mercantile Paner

New York, November 24-Mercantile
paper 31s per cent. Sterling 6o-day bills,
NN1a Commercial 60-day bills on banks,
s4.7o%; commercial 6o-day bills, "a. 7O1a;
demand, s4765s; cables, s476 7-16 Francs,
demand. 5.S41b; cables, 5.s31a. Marks, de-
mand, 6Sas; cables, 6.S1 3-1s Kronen, de-
mand, 1880; cables, 1882 Guilders, de-
mand, 40 1915; cables, 4oA. Lires, de-
mand, 6.73; cables, 6.72A. Rubles, de-
rnand, 1910; cables, 1880 Bar silver, 73hc:
Mexican dollars 56A. Government bonds
steady. Railroad bonds strong.
Time loans firm; 90 and 90 days and six
months, 31a per cent
Call money easier; high, per cent; low,
z per cent; ruling rate per cent; last
loan, 21s per cent; closing bid, per cent;
offered at ~ per cent.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
Interior Movement

Houston: Middling, 20.50c; receipts, H.
01S shipments, 1886; sales, 1905; stock,
279,O34
Memphis: Middling, 2o.12c; receipts, TO-
1885, shipments, 1882; sales. 215O; stock,
5l,55s.
Augusta: Middling, 20.13c; receipts. 21S7;
shipments, 1902; sales, 1876; stock, 1862.
st. Louis: Receipts, 1854; shipments,
1882; stock, 21.s7s.
Cincinnati: Receipts, 1869; shipments,
1923; stock, SS32
Little Rock: Middling, 20.25c; receipts,
1857; shipmnts, 1880; sales, 1880; stock, &c.
094
Total today: Receipts, 1886; shipments,
1885; stock, 754O5S.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
Fruits and Produce

y
Oranges-Florida oranges, $303.25.
Florida Grapefruit-S3.75 1904
Lemons-Imported, box, So
Limes--Per 100. $1.25@1.5O
Apples-Virginia, barrel, $685.
Grapes-California Empire, s2.75
Pears-California Bartlett, crate, $3.50
Irish Potatoes--Wh stock, bu. $40.
Sweet Potatoes-Yams, bbl.. $3.50.
Onions-California yellows, lb., SC.
Onions-Spanish, crate, 81.
Cabbage-Colorado, 4c.
Grapes-Pony baskets, 23c.
Celery-Colorado. crate, Sc; Dozen
I1.25.
Cranberries-Bbl, $3.50; box, $3.50.
Rutabaga Turnips-2A@ Sc
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
Metal Market

New York, November 24.--Copper
firm; electrolytic first quarter, $32.50
G, $3.50, second quarter, $31.50@33.
Metal exchange quotes tin steady; spot
s45,25@45,75 Iron firm; No. 1 south
ern, $2750@2S.50 No. 2. $3.50 1850;
No l southern, $2675@27.75; No. 2,
$26.50@ 1880 AT London, spot copper,
f144 los; futures, f140; electrolytic,
1885, spot tin, f190 SIS; futures, tls2
S. The metal exchange quotes lead
s7.20@7.30; spelter steady; spot East
St Louis delivery. 1875 @127s. At Lon
don. lead, f3O los; spelter, f5s.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
New Orleans Futures
New Orleans Cotton

New Orleans, November 24.-Spot
cotton quiet, rs points off. Sales on the
spot, 100; to arrive, 400. Good ordi-
nary. 1880; strict good ordinary,
1850; low middling, 1926; strict low
middling. 1850; middling, 1880;
strict middling, 19.94c; good middling,
20.12c; strict good middling, 20.37c. Re-
ceipts, 5409; stock, 464.415.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
Chicago Grain

Chicago. November 24--Wheat: No. =
red, $1.S3; No. red, s177A@LS1; No.
hard nominal; No hard, s1S31s Corn:
No yellow, 9Sd97c; No. yellow. 800
941lc; No, white, 8S@941ac. Oats: No.
white, 57A@5SAc; standard, 57%@5S1ac.
Rye: No. 2 nominal; No 8, $1.50; barley,
9Oc@s1.2s; timothy sS25G5. 25; clover. sl
ais. Pork, $3.50; lard, s16.7O ribs, s14520
1475
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1916-11-25
Animal Isles

From the London Chronicle.
There is the Isle Of Dogs and Whale
Island, Pewitt Island in Essex and Crane
and Gulf Islands off the coast Of Corn
wall. Near Lundy Island are Rat Island
and the Hen and Chickens. few miles
off the coast of Wales are Puffin island.
Sheep Island and the Cow and Calf Is
land in Pembroke.