davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1916-05-21
New York Clearing House

New York, May 20-The statement of the actual condition of clearing house banks and trust companies for the week shows that they hold $76,956.- BIO reserve in excess of legal require ments. This is decrease of $11 1,S3O,- 970 from last week.
 The statement follows:
 Actual condition: Loans, etc., $33SO,- 005,000, increase s9,646,O00; reserve in own vaults $4S9,1S ,OO0, decrease s1O,- 0SS,000. Reserve in federal reserve bank, $160,623,000, decrease $4.43O, OOO Reserve in other depositaries $6O,S4S,- 900, increase s4.s94.0O0; net demand deposits $3.S57,S3 1000. increase s14,- 544.000; net time deposits $161,195, ,0Oo decrease $1s,614,000; circulation s31,- 646.0oO. decrease $S4,OOO. of which which $S62.529,000 is specie; aggregate reserve $654,652,00O; excess reserve $76,956,31o. decrease $11,S3O,970.
 Summary of state banks and trust companies in Greater New York not included in clearing house statement: Loans, etc, 900, increase s10,- 1Ss.70O; specie $6O,sA2,S0o, increase $7O3 legal tender $&155. 300, decrease $92,7O0; total deposits $920,045, ,0OO, in- crease $29,645.S00; banks cash reserve in vault $11,933.100; trust companies cash reserve in vault $5S,065,600
The Birmingham age-herald., 1916-05-21
Reserve Bank Statement

Washington May 20.-Net bank de- posits of the federal reserve banks in- creased $s5,2oo,o00 during the last week; cash on hand increased $24,2O0,- 900; discounted bills decreased $19 9,SO0,- 900, the lowest figure in 14 months and total earning assets increased $7,55S,- 900, according to the boards statement of the banks condition May 19, issued today. Tho statement shows: Re- sources: Gold coin and certificates in vault, $2A.312.000: gold settlement fund, $11, ,791, 900: gold redemption fund with United States treasurer, $1.S25.000; to- tai gold reserve, $s2S,608, ,000: legal ten der notes. silver. etc. sl7.ss7.ooo; to- cd and bought: Maturities within 10 days. $8.S49,000; from Ii to 30 days, $17.2S6, 900: from 31 to 60 days, $25,- S46.ooO; from s1 to 90 days. $17,1os.- 900; over 90 days. s3.4o6,ooo; total, $71.- 995,000. Investments: United States bonds, $51,8a7.0oo: one-year United States treasury notes, $3S40.000; mu- nicipal warrants, ;44,4S2.ooo; total earning assets. $172.154, 900; federal re- serve notes net, $472.ooo; due from fed eral reserve banks net. $19.44S,oo0; all other resources, $5.ss2.ooo; total re- sources. $5sS.371, 900. Liabilities: Cap ital paid in. s54.s7o,ooo; government deposits. $4o.475, ,000; reserve deposits net, $463,022. .000; federal reserve notes net, $S,01S,0o0; federal reserve bank notes in circulation. $1.736.0O0; all oth- CT liabilities. 325o.oO0; total liabilities, $568,S71,000; gold reserve against net deposit and note liabilities. 66.4 per cent; cash reserve against net deposit and note liabilities, 70 per cent; cash reserve against net deposit liabilities after setting aside 40 per cent gold reserve against aggregate net liabil- ities on federal reserve notes in cir culation, 70.5 per cent.
The Birmingham age-herald., 1916-05-21
MOVEMENT
 ON COTTON MARKET
Market Opened Firm Sin Re- spOnse to Relatively
 Steady Cables

New York, May 30.-A less favorable view of political advices seemed largely responsible for quite an active selling movement in the cotton market during todays later trading. July contracts eased off from 13.21c to 1305c, and closed at 13.06c, with the general list closing steady at a net decline of to Il points.
 The market opened firm at an advance of to 5 points in response to relatively steady cables. A moderate increase in the amount of cotton on shpboard await ing clearance also encouraged buyers, and there seemed to be some fresh de- mand from Wall street sources as well as covering for over the week end. Offerings increased right after the call, however. owing to a favorable view of early weather reports and the reactionary sen timent which developed a day or two ago was considerably in evidence. After showing a net loss of some or points, prices steadied slightly on reports that prominent New Orleans map reader looked for another cold, wet spell in Texas. But the buying was by no means as active or aggressive as earlier in the week, and prices soon eased off again
 
 for over the week end. This sort of sell ing became decidedly more active follow ing the publication of press advices from Bucharest claiming that the French min ister to Roumana had been recalled, with October selling off to 1303c and December to 13.22c, while May broke be- low the 13c level July liquidation was more in evidence than for some time past and there was a good deal of switching of long contracts from that position to new crop months at the small premium Some of the July selling was said to be for the account of southern spot people, and this probably helped to unsettIe the market during the morning. Private ca bles reported continental buying of new crop months in the market there, and there were rumors locally that foreign government had been in the ma arIet here for both spots and futures, but that the terms offered had not been found alto gether satisfactory by domestic mer- chants. Except for reports of continued drouth in South Carolina and Georgia and the appearance of lower tempera- lures in the west weather advices were reported generally favorable.
The Birmingham age-herald., 1916-05-21
COTTON TRADING
 FELL OFF SHARPLY
Political Rumors Send Prices Tumbling-ClOse Was at
 a Net Loss

New Orleans, May 20.-After slight ad- vances in the early trading cotton fell off rather sharply on this market today on the rumor that French government representatives in Roumania had been recalled. At the lowest the trading months were to 12 points under yester- days quotations. The close was at a net loss of to 10 points.
 Cables were much better than due, but the market made only half-hearted re- sponse to them, rising to points in the early trading. This was followed by a sag, under realizing by longs. to the level or yesterdays close. Forecast of rains in the western belt for over Sunday was considered unfavorable and stimulated enough buying to put the market to the highest levels again. but just when strength was beginning to develop the political rumors appeared and there was quick fall During the last half hour of business the ring was excited and active. Much long cotton was thrown overheard
 Spots again were quoted up, this time points to' 13 cents for middling. This was the third day of higher prices in the spot demand department in the face of the lower tendency on the part of con- tracts. Thirteen is a new high level for the season.
The Birmingham age-herald., 1916-05-21
Produce Market

New York, May 2O.-Butter steady; re- celpts, S099; creamery. extras, 92-score, 31AG31hc; creamery, higher scoring, 32a 931ic; firsts, 30@S1c. Eggs steady; receipts 26,659; fresh fathered. extras fine, 241a@ 26c regular packed. firsts, 22&@23%c; sec onds, 21@221Ac. Cheese firmer; receipts, 1904; state fresh specials, 171c; state fresh, average fancy, 17@17Ac; Wiscon- sin twins, held 1S1a@19c. Live poultry weak; broilers, S2@S5c; fowls, 21c; tur- keys 1S@2oc; dressed steady; chickens, 1s@ S2c; fowls, 171z@22c; turkeys, 3O@3sc.
 Chicago, May 20.-Butter unchanged. Eggs: Receipts 22516 cases; unchanged. Potatoes higher; old receipts, r cars; Michigan, Wisconsin, Minnesota and Dakota white, 95@$1.05; Minnesota and Dakota, Ohios, 9O695c; new, receipts, F cars; Texas, Louisiana and Alabama sacked triumphs, s1.4O@1.50 Poultry, alive, higher; fowls, 1S@19c.
 St. Louis, May 20.-Poultry unchanged, except chickens, 151ac; springs, 25@32c turkeys, 13@25c. Butter: Creamery, 2Sh @29c. Eggs, 201ac.
 Kansas City, May 2o.-Butter, eggs and poultry unchanged.
 Elgin, Ill. May 2o.-Butter, 100 tubs at 291ac.
The Birmingham age-herald., 1916-05-21
A Travellers Holiday Trip

By w. E. Aughinbaugh in Les1e'S.
 I have crossed the equator 36 times and been around the world four times. And, on the side. I have been in every state in the United States In all I am certain that have travelled much over 100000 miles.
 I am frequently asked by friends where to travel on pleasure and I ai- ways say. See America first"
 If had a months leisure and a few hundred dollars to spend in travelling for pleasure, I would turn to the great west. Starting from New York I would pass through Buffalo and stop off long enough to see Niagara Falls. and thence to Chicago and through Milwaukee and on to the Twin Cities, spending a few days in the lake region of Wisconsin and Minnesota. where I would find fish ing, canoeing and sailing on some of the most beautiful inland waters of the world.
 Continuing westward the attractions of Glacier National park in the north west corner of Montana would surely lure me to stop for a few days.
 From this paradise I'd journey west ward and see Mount Rainier National park, which covers more than 100000 acres. World travellers have called Mount Rainer the King of Noun tains.'
 l would DC sure to go to Tacoma and Seattle and Puget Sound. If I had the time I certainly would take a ship al Seattle and go to see the won ders of Alaska, with it's icefields that outriva1 the Norwegian fjord3.
 I would not misse ePortlandAsh Rose City-where the queen Of Flowers blooms in profusion most of the year. From Portland I could go via boas or train to San Francisco with it's famous Golden Gate and on southward to Los Angeles, or turn my face toward the rising sun and visit Salt Lake City in the shadow of the Wasatch mountains. From Salt Lake City to the Yellow stone National park is an overnight run by train. and I'd not miss this res ervation for anything.
 If my thirst for mountain scenery was still unsatisfed I should come east by way of Denver. situated one mile above sea level and surrounded rugged outlines against the sky for more than 200 miles, of which Pike's Peak is the dominating feature.
 From here on I would tourney home as time and fancy dictated. On all sides, and by whatever route I might select. I would find an attractive country with ripening orchards. waving fields, and smiling farms through which to pass
 Throughout this entire holiday I would have no troubles from wrestling with foreign languages, nPr with un- familiar coinage. There would be no vexatious customs to pass, no irritating police regulations to obserIe.
The Birmingham age-herald., 1916-05-21
New York Cotton Futures
Port Cotton Movement

New Orleans: Middling. 13c; receipts, 1759; exports, H,7S1; sales, 114o; stock, 274,576.
 Galveston: Middling, 123Oc; receipts, 5210; exports, 16,732; sales, 1884; stock, 241, ,756.
 Mobile: Middling, 12.75c; receipts, 1T2; stock, 24,233 Savannah: Middling. 12.75c; receipts, 1886; sales, 146; stock, 135, ,404. Charleston: Middling, 12%c; receipts, Al; stock, 61,660 Wilmington: Middling, 12asc; receipts, 269 stock, 65,3n. Texas City: Receipts, 1753. Norfolk: Middling, 13c; receipts, 1234 sales, 760; stock, S6,4s9. 1 Baltimore Stock, 426S. Boston: Middling, 1330c; receipts, 50 exports, 567; stoc k, 5000. Philadelphia: Middling, 13.45c; stock 26So New York: Middling, 132Oc; receipts, 40; exports, 1900; stock, 231, ,566.
 Minor ports: Receipts 4161 exports, 3S33; stock 16,209.
 Total today: Receipts, 1875; ex- ports, 37,713; stock, 1,152,712.
 Total for week: Receipts, 1S,375; ex- ports, s7,713.
 Total for season; Receipts, 6,ss5,23S; exports, 4,790,003.
The Birmingham age-herald., 1916-05-21
NORMAL CONDITIONS | ON STOCK EXCHANGE
Entire List Improved in Re- sponse to Inquiry of High
 Grade Issues

New York, May 20.-Conditions nearer
 the normal, prevailed during today s
 short market session, the first hour being
 attended by further realizing for profits.
 Railroad shares, especially Reading,
 showed pronounced tendency to yield,
 but the entire list improved later in re- sponse to fresh inquiry for high grade issues, particularly Canadian Pacific, which advanced 6ss points to $t.s2A, with 21a points for "Soo' and 1 point or more for Union Pacific, and some of the other standard shares
 Coppers came into greater prominence, with large dealings in Anaconda, Kenne- cott and Inspiration. Westinghouse was fairly strong in connection with the pub lication of the annual report, showing earnings of almost IS per cent on the common stock. Unclassified stocks were inactive, but Motors regained part of their recent losses. Continen,'.l Can and United States Industrial Alcohol denoted further activity by cliques and pools. Instead of an estimated cash gain, the bank statement showed an actual cash loss of almost $10,000 a loan increase or virtually as much and further con- traction in reserves of almost SIP, 0O0,COO, reducing the total excess to about N!,- 000, GOO, the lowest figure since the new form bank statement became operative. Foreign exchange was sluggish. but steady in the main. Reports that ar- rangements had been made to increase the gold imports from Canada were not Iconfirmable.
 The weekly trade reviews were of the usual confident tenor, although they in- dicated irregular recessions in various lines of business, but bank clearances showed further expansion.
 Bonds were irregular, with total sales, par value, of s2,125,00O.
 United States coupon 2s advanced 1s per cent, and Panama coupon 3s 1 per cent on call during the week.
The Birmingham age-herald., 1916-05-21
Avery's Letter

American cotton markets opened up in response to a good Liverpool but there seemed to be a disposition on the part of everybody to realize over the week. end. Later in tRe day there was con- siderable cotton sold, on a rumor that indicated that Roumania might enter the war on the side of Germany. This selling was on the theory that this might pro- long the war.
 The basic factors of the supply, which is small and the demand, which is ex- traordinary are the real things back of the cotton market; not sentimental things, such as whether the war will or will not end in the near future. Neither do I regard the new crop conditions as of such great consequence at the present time inasmuch as with the small in- crease in acreage even with ideal con ditions (which we have not had). it will be impossible to raise crop of much in excess of 1z,50o, 600 bales this year. Therefore. for the present regard the
The Birmingham age-herald., 1916-05-21
WHEAT PRICES TAKE
 AN UPWARD TREND
Reports That Hessian Fly Has Devastated Kansas
 Fields Affect Prices

Chicago, May 20.-wheat prices averaged higher today, influenced by assertions that Kansas never before had such destructive visitation of Hessian fly as at present. The market, however closed unsettled at SLIP for July and s1,12A @1.12as for Septem- ber with the range as a whole H e off to Nc up as compared with yesterdays finish. Corn gained 1s @Hc, oats were unchanged to bc down and provisions at 2A @15c decline. .. Attempts which in the last hour of the session early buyers made to re- aliZe profits were responsible for the wipng out of most of the advance in the value of wheat. Some observers were disposed to ascribe the late sell
 ing in part at least to rumors that the French minister to Rumania had been handed his passports. The connection though was not clear and the market appeared to be recovering well in the final trades of the day. Previous to the last hour, the advantage almost from the start had been with the bulls, as attention had centered on the Kansas crop situation, and there seemed to be unanimous agreement on the part of experts that unprecedented loss had been shown in some of the largest producing counties.
 Unsettled weather kept the corn market firm despite the late downturn in wheat. Reports were current that replanting of corn would be necessary in parts of Illinois and Iowa. Oats sympathized with corn. Trade was all most exclusively local.
 Provisions were subjected to de- cided selling pressure at times. The motive seemed to be the fact that shipments of lard and canned meats showed another falling off as com pared with last week.
 Future quotations were as follows:
 Wheat Open. High. Low. Close.
The Birmingham age-herald., 1916-05-21
Spot Cotton
Pig Iron
Atlanta Bank Statement

Atlanta, May 20.-(Special.) )-The weekly statement of resources and lia- bilities of the Atlanta reserve bank follows:
 Resources: Gold coin and certih- cates: Gold settlement fund. $S.475, 900; held by the bank. $6,646,620.22; legal tender notes, etc.. $374.965.85; total cash reserves, $10.496,5S6.17; due from federal reserve banks. net, s1,761,- 236. 51 federal reserve notes. $1,292,- 5SO; bills discounted: Commercial pa- per. $4,322. .S10.61. Investments: United States bonds. $2.034.000; all other re- sources, $32S,144.25. Total, 2O,7s0,- 3O7.54.
 Liabilities: Capital paid in. $2,4GS.- 800; deposits treasurer United States. $7,162,323.41; reserve deposits. net, $10.96S,732 profit and loss. $S267464; all other liabilities. $5S.017.39. Total, O,73O, ,307.54
 Federal reserve notes outstanding. $14,561,5 ,550; gold deposited with federal reserve agent. $14,561,550; federal re- serve notes in hands of bank. $1,292,- 630.
The Birmingham age-herald., 1916-05-21
Are You Interested in Cotton?

Do ,on want to know in advance of the Government
 Reports THE COTTON ACREAGE FOR TIRE SEASON 1916 Tho amount of fertilizers to be used the crop condl- tions throughout the year. the number of bales pro- duced? IF TMis iNFoRmATioM IS or VALUE TO YOU SEND FOR ThE WATKINS BUREAU REPORTS
 ISSUED EVERY TWO WEEKS ;4gnning with the first crop preparation and edinr
 when the crop is made WE WILL KEEP YOU Th0Rou0Hiy POSTED ON EVERY PhASE OF THE COTTON MARKET Careful attention given to all orders for purchase O,
 sale of cotton for futuro delivery. \. F. eAcHMAn { CO.,. Baaksrs. Estahiishsd 1866
 t+ Wall Street. New York
 Members New York Cotton Exchange. Philadelphia Sto-t Ex- New York Stock Ex;nanga change.
 Asscsizts Msnhsu %iysFppol Cottea Aaaa.
The Birmingham age-herald., 1916-05-21
Hubbard Bros. & Co.'s Letter

New York, May 20.-(Special.)-The sit uation in Liverpool, where new-crop de- liveries are selling at discount, be- cause of a way that spot houses there have of forcing the near positions to a premium for spinners to pay for their call cotton, brings about sudden advances as occurred there this morning. The movement had little effect here, where good weather has caused many of those who are long, to take profits. As the short interest has been greatly reduced, this liquidation could be effected only on a decline. A rumor that the French minister had been withdrawn from Rou- mania increased this desire to accept profits so that the market finally closed some 10 points lower on the new crop. July was the steadiest position, though it is reported that more of our stock
 is likely to be rendered, because of the loss of premiums to October to carry it forward.
The Birmingham age-herald., 1916-05-21
The Point of View

I TUIII JuISV.
 They sat over their coffee at the fash icnable table d'hote.
 Her eyes having swept the room, she turned to him. Do you notice what beautiful hands the young woman oppo- site has?"
 He confessed he did not.
 Presently pursuing her survey she asked: Do you observe the latent spir- duality in the dark. dreamy eyes of the young man with her?'
 He confessed he did not.
 She was brilliant authoress-he a penny-a liner
The Birmingham age-herald., 1916-05-21
Chicago Grain

Chicago, May 20.-Wheat. No. ? red, nominal; No. 8 red. %1.Os1a; No. hard, s112A @1.12%; No. hard,
 $1.OS1s &1.o9. Corn, No. 2 fellow, 75 F o c; No. yellow, 72@73c Oats No.
 3 white, 42&43%c; standsrd 45ss@46c. Rye, No. ?, ssc; barley. 62@ soc; tim othy. s5.50@S; clover. $7.50@15. Pork, sS2@2450; lard, $12.97; ribS I1295
The Birmingham age-herald., 1916-05-21
Interior Movement

Houston: Middling, 13.20c; receipts, 22S2; shipments, S633; sales, 1245; stock, S0,654.
 Memphis: Middling, 13c; receipts, Al; shipments. 3572; sales, 1850; stock, 133,0S6.
 Augusta: Middling, 1275c; receipts, 499 shipments, 1885; sales, 1927; stock, 9S,651.
 St. Louis: Middling. 1Ssc; receipts, 675; shipments, 1146; sales. 401; stock, 16,SS1.
 Cincinnati: Receipts, 415; shipments, 1072; stock, 14,051.
 Little Rock: Middling, 12.sSc; re- ceipts, 12S; shipments. 6s2; sales, 962; stock, 25,772.
 Total today: Receipts, 4440; ship ments, 11,200; stock 369,095.
The Birmingham age-herald., 1916-05-21
New Orleans Cotton

New Orleans. May 2O.-Spot cotton firm, points up. Sales on the spot, 76o; to arrive, 5S0; good ordinary, I.50c; strict good ordinary, 12c; low middling. 12.50c; strict low middling. 12.75c; middling. 13c :: strict middling, 13.25c; good middling 13.5oc; strict good middling, 13.Uc.
The Birmingham age-herald., 1916-05-21
New Orleans Rice Market

New Orleans, May 2O-There was very little activity displayed in rice today, no sales being reported and quotations re- maining unchanged. the rough grade ruling strong and clean steady. Receipts, clean, 1711
The Birmingham age-herald., 1916-05-21
Cotton Seed Oil

New York. May 20.-Cotton seed oil market was quiet and after showing a slightly easier tone early. owing to the decline in lard prices rallied on covering, and tho close was steady and unchend to points advance. Sales, 72o0; barrels. Spot and May, lie bid; June, 11@11. 1oc; July, 11G11.02c; August, 11.09@11. .10c; Sep tember, 11.11@ 1@11. .12c; October, 1o21@1o. PC; November, s.40@s.42c; December, s.2S@ Q 32c
The Birmingham age-herald., 1916-05-21
Bonds
Mercantile Paper

New York, May 2o.-Mercantile paper. N per cent Sterling. 6O-day bills, $4.72a.; |emand. SAYS; cables, &.7sss. Francs, de- band, 5.92; cables. 5.91A. Marks de- hand, 7ns; cables. TIA. Kronen, demand, Ees; cables, 13&. Builders, demand, \ s,le; cables. 41A. Lires, demand, S.s2;
 ables, 6.31. Rubles, demand. s1: cahles pA. Bar silver, 75Ac; Mexican dollars. fA; government bonds. firm; railroad |onds, irregular.
The Birmingham age-herald., 1916-05-21
The Wherefore

From the Louisville Courier Journal
 "Flubdub's home seems badly neg lected."
 "Well, his wife is interested in prison reform. better roads, pure politics and clean plays"
The Birmingham age-herald., 1916-05-21
Fruits and Produce

Wholesale Quotations) Apples-Fancy Winesap, barrel, S5.20, choice Winesap, $4.50; fancy Ben Davis s3.50; fancy Arkansas Blacks, $50; bar rel; western, s2.25 box.
 OraDges-Florida, per box, S4Q4.50 Oranges-California, $35012.15. Grapefruit-Florida, per box, s. Cranberries. per box, $2.So; barrel, ss5O. Bananas, per bunch, s150Q2. Lemons-Fancy imported. box. $S75; fancy California, $S.60.
 Irish Potatoes-Michigan White, bushel, $1.35.
 Sweet Potatoes-Dooleys, bushel, s0c Yellow Hammer, bushel, q. ~s Onions-White. per crate, $2.58; yellow, per crate. S2.
 Rutabagas-Canada, lAc pound. Cabbase-Flonda, per crate. S2.75; Dan- ish, 21kc pound. r4-e Cucumbers-Hamper, $3.50.
 Tomatoes-Fancy Florida, per crats, s2.75; choice, per crate. $225. Beans-Fresh Florida, per crate, $275. New Potatoes-Hamper, $2.75. Celery-Fresh Florida, per crate. s25O Lettuce-Per hamper. N.so. Squash-Per crate, s2.60.
 Strawberries-South Alabama, s1, ,50@2. 50 Limes-Per 100 $1.50.
 Peas-English, per hamper, g. Pineapples-S crate.
The Birmingham age-herald., 1916-05-21
Hubbard Bros. & Ca.

|Otton Merchants. Hanover Square. N. hange. New Orleans Cotton Exchange lew York Produce. Exchange. Assocists fembers Liverpool Cotton AssooiatiOn |rders solicited for tho purchase ana He of Cotton and Cotton Seed Oil for bture delivery. Special attention ana |beral terms given for consignments s,f
 bot cotton for delivery. Ccrvespoh3. hce invited.
The Birmingham age-herald., 1916-05-21
Naval Stores

Savannah, Ga, May 20-Turpentine firm, 3sA to ss1kc; sales. 571; receipts. 57s; shipments, 3B; stock. s24FA Rosin firm; sales, 77s; receipts, 1784, pments. 1476; stock, 50,666. Quote: A, b. s4.10 to s4.20;. E, A.so to $435; F, s4.s5 to s4.421k; G, s4.45 to $4471s; H, s4.5o to A,521k; I, $5o to N.55; K, s4.56 to s4.5T1s: M, A.65; N, s4.9o to A.s5; VIC. $5.20; wv, $54o
The Birmingham age-herald., 1916-05-21
St. Louis CTVin

St. Louis, May 2O.-Wl,eat, No. red. s110@1.1S; No. 9 hard, s1.101a May s1.07&; July, s1.oS%. Corn, No. 2, 74c No. white, 74Rc; May, 72%c; July, 72hc. Oats, No. ?, 42hc; No./2 white, nominal; May, 42c; July, 40hc