davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1916-03-19
TALK OF PEACE
 AFFECTS MARKET
Cotton Prices Advance on Late Trading and List
 Closed Steady

New York, March 1S.-Price advices tending to strengthen the hope of peace by the end of this year seemed largely responsible for a moderate furry of buy ing in the cotton market during today's late trading with July contracts selling up from 12.07c to 2.1Sc and closing at 12 13c The general list closed steady at a net advance of 2 to 6 points.
 The market was irregular during the early trading, and business seemed to be chiefly in the way of evening up ac- counts for over the weekend and the census report fixing the total amount of cotton ginned for the season which is expected at the opening on Monday. Cables were relatively steady, and the orening here was 1 to points higher, but prices soon eased off under scattered real izing, with May declining to 11.s9c and October to 12.1Sc, or about to points net lower. Prices then steadied on the continued bullish character of southern spot news, favorable reports from tue goods trade and the continued dry weather in the southwest. with the de- mand later becoming more active on re- ports that the French minister of finance had expressed an opinion that the end of the war was in sight. These reports coming right after London press advices to the effect that Lloyds were asking very high rates for insurance against peace by the end of the year, seemed to hlake considerable impression on sentiment, but the demand did not become general or aggressive, and buying on tJe peace talk may have been restricted to some ex- tent by the idea that such reports would tend to encourage a large incerase in acreage.
 Reports from London that the British government would prohibit importations Of luxuries were considered as emphasi ing the need of great economies abroad, but .>also discussed from the stand point that more buying power and ocean tonnage would be available for neA,ssi- ties such as cotton. Clearances from the Pacific ports to Japan and China drew at- tention to the fact that exports to Jap anese are catching up with last year bA- ing now only 47,O00 bales behind ast year. s figures to the same date
The Birmingham age-herald., 1916-03-19
COTTON PRICES FIRM
 ON LATE TRADING
Spots Advance Sharply on RumOr From France That
 End of War Is in Sight

New Orleans, March 1s.-The cotton market here had an easy undertone in the early trading today. but toward the elcse it frmed up sharply on the rise of points in spots and on dispatches from France stating that high officials were claiming the end of the war was in sight. During the greater part of the session the ring was quiet, but 1t became ac- tive right on the close. At the highest of the day the most active months were at a net advance of to 10 points. The close was to g points up.
 Around the opening the market felt selling pressure stimulated by reports of easiness in the price of Egyptian cotton in Liverpool and private forecasts of rain in Texas over Sunday. After the posting of the official forecast of fair weather for Texas, the market met good support, which was increased when the spot market was called higher. Toward the close buying was heavy for a short period.
 Weather conditions over the belt were unchanged, the drouth still being on in Texas. Private accounts said spots were being as firmly held as ever. notwith- standing recent price advances.
The Birmingham age-herald., 1916-03-19
TRADING INACTIVE '0N STOCK EXCHANGE
RumOrs of New Low Record for German Exchange
 Affect Prices

New York, March 1S.-Peace rumors, Inspired in part by significant utterances attributed to leaders of the entente al- lies cause, contributed to the heaviness of war shares in today's market issues receding from 1 to points and affect ing kindred stock to like degree. These rumors were heightened by new low record for German exchange, which fell to 71%. Declines in specialties were neu- tralized in part by the further strength of shares of the coal carrying roads, Norfolk and Western rising 25s to the new record of 1245s on persistent rumors of an early increase in the rate.
 There were gains in some of the inactive specialties, such as fertilizing and dis tilling issues and general chemical and was distinguished among the high-priced industrials for it's advance of 20 points to $50 on one sale. Final prices showed some record from lowest levels, but the undertone was irregular.
 Action of the heads of the eastern raii- roads in appointing a committee to handle the problem of freight congestion is ex- peoted to bring speedy relief to a sit uation of growing seriousness. Exporters are arranging for the charter of addi- tional vessels to carry fresh supplies to England and France
 Reflection of the weeks activity in the stock market was furnished by the bank statement, which showed an actual loan expansion of almost $23000,000, with a corresponding gain in cash, while re- serves decreased $2,S32,O coo
 Bonds ruled steady, with nominal deal ings in today's market. Total sales, par value, were S1,625,000.
 United States bonds were unchanged on call during the week.
The Birmingham age-herald., 1916-03-19
WHEAT MARKET ON
 DOWNWARD SWING
Peace Rumors Felt Despite Fact That British Traders
 Regard Them Lightly

Chicago, March 1S.-Possibilities of peace gave fresh downward swing to- day to the wheat market. Quotations closed nervous. l cent to 14aas cent net lower with May at $1.O6s4 GD1 G67k, and July at s105ss. Corn finished %Q1 cent to IS cent down. and oats off 5s cent to ss@% cent. Provisions wound up unchanged to 15. cents higher.
 From start to finish, wheat prices were ruled chiefly by selling, which resulted from European suggestions that the end of hostilities was perhaps not altogether remote. Liverpool dispatches asserted that rumors of peace were regarded light ly by British traders, but the fact that quotations from Liverpool showed @ notable decline was generally construed here as more accurately indicating the real outlook. Bulls failed to derive any help from the absence of verification that German shipments had been seized by Brazil. Dry weather complaints sent by Texas and Oklahoma were likewise ig- nored, and so also were serious crop damage reports from Illinois and other central states.
 Weekend profit taking by shorts led to some slight rallies in the wheat mar ket but none that seemed to be of a lasting sort. About the only export sale heard of was 100000 bushels in Chicago Signs that were statistics Monday by cable would prove bearish, and that the United States visible supply total would show little change as compared with a. falling off of nearly 100000 bushels at the corresponding time last year. Corn was bearishly affected by the de- cline in wheat. The market felt the in- fluence also of the meagerness of ship ping inquiry. Oats weakened with other grains. Export transactions were said to havo been confined to Canadian oats. Higher prices on hogs tended to lift provisions. Pork Jagged, owing more or less to reports of dissatisfaction with re- tail prices.
The Birmingham age-herald., 1916-03-19
Very Thorough
From the Philadelphia Evening


 Lawson--How well you're looking this morning, Binks!
 Binks-Yes: ] never looked better in my life. I'm looking for man who owes me $50.
 are standing open on their cotton The differences between the new crop months and Julys have narrowed to points whereas a month or so ago they were around 20 points spread, the Julys gain ing on the far months.
 Exports for today were 25, 4S0 A lot of some 400 bales was said to have been sold in this district for export to Russia at the best basis of the season. All these facts point to consumption fully equalirg January and February, at which rate, if continued until the last of July will eat up the available supply.
 American spinners are very like the cows tail-always behind. They lose their perspective by being too close to the source of supply and nine times out of ten fail to supply themselves when cot ton is cheap.
 The market, has been kept healthy by frequent setbacks which has had the eff feet of preventing any accumulation of any big lines on either side. The psy- chological moment has not arrived fen the big move upward; the big fellows are quietly taking on their lines, but no effort to put prices up will be made until some of these big stocks have been moved.
 No change of opinion. Recommend buy ing Julys every time it takes dip around Il .e0c to Il .95c. c. F. AVERY.
The Birmingham age-herald., 1916-03-19
New York Futures
Port Cotton Market

New Orleans: Middling, 12c; receipts. 1o61; exports, 11,450; sales, 995; stock, 3sS,- 9S9.
 Galveston AIiddling. F 35c: receipts. 6594; sales, $50; stock, 293,53O
 Mobile Middling, 11.69c; receipts, 247: stock, 21,549.
 Savannah: Middling. 12c; receipts, 719: sales. 750; stock 163, 4O6.
 Charleston: Middling, 1134c; receipts, 19S; stock, 69.410.
 Wilmington: Receipts, PIT; stock. 53, 1s2. Norfolk: Middling, 11.S1c; receipts, 1784; sales, 512; stock, 106, 6S6
 Baltimore: Stock, 3974
 Boston: Middling, 11.95c; receipts, TAO; stock, 12,900.
 Philadelphia: Middling, 1c20c; receipts, 4S; stock, 2635.
 New York: Middling, Il .95c; receipts, %; exports. S1s; sales. 10o; stock. 3O3,656.
 Minor Ports: Receipts, 479I; exports, 49S0; stock, S6,s92.
 Total today; Receipts, 17,O5o; exports, 17,249; stock, 1,431,339 17,249. Total for season: Receipts. 5S4l, 1o9; ex- ports, S,T564.
The Birmingham age-herald., 1916-03-19
Hubbard Bros. & Co.'s Letter

New York, March 18.-(Special)-In a very dull market with an underlying bullish sentiment among our local trad CTS, the market closed steady at some to 5 points higher than yesterday. Our Liverpool cablegram restated the informa- ton that 1t was reported on good author ity that the French government bad i'm 'terposed to prevent further imports of cotton. The improvement in our market was based on the report that the French minister of finance had stated he could see the end of the war.
 Outside of these two statements there were few features. the local traders are bullish in the absence of any pressure to sell and a belief that no matter how large the acreage may be large crop is re- quired next season and would sell at these or higher prices
The Birmingham age-herald., 1916-03-19
Reserve Bank Statement

Washington, March 1S.-Bills discounted and bought by federal reserve banks dur Ing the past week amounted to $S,000,000 more than in the previous week. A state ment of the banks condition March IT, issued today by the reserve board shows:
 Resources-Gold coin and certificates in vault $253,SS0 coo; gold settlement fund, $7S97 GOO: gold redemption fund with Uni ted States treasurer, $1, ,623, ,OO0; total gold reserve, $334, 47S, GOO; legal tender notes, silver, etc., $11, ,S04, ,000; total reserve sS46,- 777O0O.
 Bills discounted and bought-Maturities within 10 days. $6,773,0OO; from Il to 50 days, S,O00; from 31 to 60 days, $20.- 511 900; from 61 to 90 days, $16,272O00; over 90 days, $2,016,000; total $57, 700,000.
 nvestments-United States bondsfi $S9,- 2130O0; municipal warrants, s330S4, 600; to- tai earnings, assets $129,947 GOO; federal reserve notes, net, $2460S, 900; due from federal reserve banks, net, $16.24S0o0; all Other resources, $5,08, ,OO0; total resources, $521, ,6OS, ,000.
 I.iabilities-Capita paid in, S54,937 0O0; ; government deposits, 3o.380.00O; reserve deposits, net, $423, ,259,000; federal reserve notes, net $10, ,203 0O0 federal reserve bank notes in circulation $6S1, ,000; all other lia- hilities. $14S,O00; total liabilities, 16OS,- 900. Gold reserve against net deposit and note liabilities 74.4 per cent. Cash re- serve against net deposit and note liabili- ties 76.9 per cent. Cash reserve against net deposit liabilities after setting aside 40 per cent gold reserve against aggre- gate net liabilities on federal reserve notes in circulation ITS per cent
The Birmingham age-herald., 1916-03-19
H. F. Bachman & Co.'S Letter

New York, March 1S-(Special. )-The reports show only 397.0O0 bales in the United States available for spinners to draw from and to cover exports until September 1. outside of plantation stocks, which we have good reason to believe do not exceed 100000 bales, or a total oI 4971,0 ,0000 bales, whereas fully 4400,O bales will be required by August l, leav-
 ing bare working margin of about 5OO,- coo bales for all purposes during the month of August, pending the movement of new crop cotton, which does not begin until about September 1. This is unquestion- ably the most bullish status which has existed during the past 10 years, and we consider that much higher prices are in- eyltable.
The Birmingham age-herald., 1916-03-19

Clearing House Statement

New York, March 1s.-The statement of the actual condition of clearing house banks and trust companies for the week shows that they hold $133, 394 6SO reserve in excess of legal requirements. This is decrease of $2.Ss2,2 200 from last week. The statement follows:
 Actual condition-Loans, etc., S, ,S66, 524 . GOO, increase, $22, sos, 600; reserve in own vaults (b) $4sS. 525, 900, decrease $s, ,70S, 900; reserve in federal reserve bank $170, ,345.- GOO, increase $1,611, 900; reserve in other depositaries $61, ,252,0O0. increase $6,624, 600; ret demand deposits $S,41 ,0S2 GOO. increase $14. 47S 600; net time deposits 6.b07 GOO. i'm crease 1925. 5.000; circulation $31. .690,0O0, de- crease $2,S62, GOO; ,4j of which $417,674,0S is specie; aggregate reserve S720, 122, 900: excess reserve $133, s94, ,6SO. decrease $2. S82. 200; summary. of state banks and trust
The Birmingham age-herald., 1916-03-19
Are You Interested in Cotton?

Do you want to know in advance of the Government
 Reports THE COTTON ACREAGE FOR THE SEAeoM 1916 The amount of fertilizers to be used the condi- tons throughout the year. the number of bales pro- ducedf
 SEND FOR TINE WATKINS BUREAU REPORTS
 ISSUED EVERY TWO WEEKS seainnng with tho first crop preparation and ending
 when the crop is made. WE WILL KEEP YOU TH0H0UGNlv POSTED ON EVERY PHASE OF TINE COTTON MARKET Careful attention given to all orders for purchase or
 saie of cotton for futuro delivery. H F. BAcHMAN q CO.,. Bankers. Established t866
 IA Wall Street. New York
 Member New York Cotton Exchange. Philadelphia Stock Ex- New York Stock Exchange change. New York Coffee Exchange. Chicago Hoard of Trade Associate Membeu Liyerpooi Cotton Assn.
The Birmingham age-herald., 1916-03-19
Avery's Letter

Sentiment in the cotton market in New Ycrk is undergoing radical change. The continuation of the brisk spot de- mand. easier freight rates and the un- seasorable ather in the eastern belt and no relief from the drouth in Texas, are some of the causes for this better feeling toward the market.
 Yesterday and today the market was influenced for temporary fluctuations by political rumors. Rumors today that the French minister of war had predicted an early peace was construed bullishly and was the cause of the late rally, which carried prices to the highest for the day.
 It is said most of the big spot dealers have taken off their short hedges and
The Birmingham age-herald., 1916-03-19
Atlanta Reserye Bank

Atlanta, March 1s.-(Special.)--T weekly statement of resources and lia- bilities of the Atlanta reserve bank follows: Resources: Gold coin and cer- tificates, $5.sS2. .s25 50: gold settle ment fund. $5.611, 100000; legal tender notes, etc., $231.773.90: total cash re- serves, $1l,SS5, ,399.40; due from fed eral reserve banks. net, $177,995.3S. Bills discounted:s Commercial paper, $4,597. .962.55; United States bonds. $1,- 219,6OO.00: all other resources, $1,039,- 4S2.47-$1S S7O. 4ss.S0. Liabilities Cap ital paid in. s2.4l5.7Oo; deposits treas urer United States. 0,S99.69; re- serve deposits. net, $S, 463, ,S06.7 72;, profit and loss. $S2,15S17; federal reserve notes, net liability s2.17S.405.00; all other liabilities. $40, ,87O,- 439SO. Federal reserve notes outstand- ing, $15,053,150; federal reserve notes in hands of bank. $S36,595.O .O0-$14.- 216,555; gold deposited with federal re- serve agent. $13.03S. .150.00; net liability, account federal reserve notes. $1,17S,- 405.00.
The Birmingham age-herald., 1916-03-19
Flour and Feedstuffs

Wholesalers Selling Prlce)
 Colorado patent, $6.60; self-rising flour, S6.S5; Tennessee flour. S640; Michigan flour. $7.50: Idaho flour, $6.75: hard winter wheat flour, s6,45; Minnesota spring wheat, s6.9O; pure wheat shorts. $33; brown shorts $30; pure wheat bran, FPS; c. 8. meal, 73A per cent, $a5; Creno meal, $2S; e. s. hulls, $17 per ton; No. timothy hay, $23 per ton; pea green alfalfa. west ern, s26 southern alfalfa, $21; mixed feeds, per ton, $36: oats. per bushel No. 2 white. 61QJ66c; corn, per bushel, soc; corn meal, $1.72 per 2-bushel sack; chops, $1.70: poultry food, N.S0 per sack; dairy food $29; Johnson grass hay, $14
The Birmingham age-herald., 1916-03-19
Interior Movement

Houston: Middling, 1225c: receipts, 4214; shipments. 3S54; sales. 276S; stock, 1S5, 767
 Memphis: Middling, 11.Ssc; receipts, 2469; shipments, 4637; sales, 1900; stock, 245, ,243
 Augusta: Middling, 1.75c; receipts, 672; shipments, 841; sales, 1884; stock, 14S, ,5s6.
 St. Louis: Middling. 12c; receipts, 11s7 shipments, 1884; stock. 19,173.
 Cincinnai Receipts, 5O6; shipments, 1i51; stock, 1S,131.
 Little Rock: Middling, 12c; receipts, 7to; shipments. 179; sales, 179; stock, 37,O1s. Total today: Receipts. SIPS; shipments, r. .s96; stock 603.91S.
The Birmingham age-herald., 1916-03-19
Cotton Seed Oil

New York. March 1S.-The cotton seed oil market was strong and higher on ac- tive covering on the firmness in lard ana on the apparent lack of supplies and ab- sence of offerings closing at to 8 points ret advance. Sales. 10l000 barrels.
 The cotton seed oil market closed firm. Spot. 10. roc bid; March, 10. 69Q10. 95c; April, 10. 70q10 soc; May. 10.S4@110. Sic; June. 10.75@ 10. 90; July. 10. S1@10 S3c; August, 10. 0.7sQ 16 .s0e; September. 1O 64l0. .6Sc; aOt ttober, 96t G19 .d7c.
The Birmingham age-herald., 1916-03-19
Liverpool Cotton

Liverpool, March 1s.-Cotton, spot easier. Good middling, S0Sd; middling. 7.81d; low middling, 7.51d. Sales, 5000, in cluding 300 for speculation and export Receipts, 26,0O0; futures quiet. March, 7.63d; March-April. 7.621sd: April May 7.6ld; May-June, 7.6O1ad: June-July, 7.59d {; July August, 7.571Ad; August-Septembe 7.511sd; September October, 743d; Octo- Der November, 7.391zd; November-Decem- Der. 7.36d; December-January 734d; Jan uary-February. -7.S4d; February March, 7.32d; March-Apri, 7.32d.
The Birmingham age-herald., 1916-03-19
Fruits and Produce

(Wholesale Quotations.) Apples-Fancy Winesap, barrel, $5.25; choice Winesay. s4.5O; fancy Ben Davis. sS 50; fancy Arkansas Blacks. $50 bar rel; western, s2.25 box.
 Oranges Florida, per box, s3.50. s Grapefruit Florida, per box. s. Cranberries, per box, $2.50; barrel, $9.50 Bananas. per bunch, 1.50G2. Lemcns-Fancy imported, box, $4; fancy California, $3.75 box. Irish Pota otatoes-Michigan White, bushel, s1.35.
 Sweet Potatoes -1ooleys. bushel, soc; Yellow Hammer, bushel, s1.
 Onions--Red, 31hc pound.
 Rutabagas-Canida- 1ac pound Cabbage Florida. per crate. s2.5o; Dan- sh,sss2c pound. &
 Tomatoes Fancy Florida. per crate. g. 50.
 sBeans-Fresh Florida, per crate, S3. Celery-Fresh Florida, per crate. s2.50. Strawberries-F1orida. 2O@25c quart. Limes-Per 100, $1.
The Birmingham age-herald., 1916-03-19
New Orleans Futures
New Orleans Cotton

New Orleans, aNIrch 1S.-Spot cotton steady, 6 points up. Sales on the spot 57o: to arrive, 225 Good ordinary, 10.50c; strict good ordinary, lie; low middling Il. 50c; strict low middling, 11.7oc; mid ding, 12c; strict middling, 12, 25c; good middling, 122Tc; strict good middling, 12.S1c
The Birmingham age-herald., 1916-03-19
BUSINESS BRISK ON MORRIS AVENUE
Good Demand for Produce and Creamery Products
 With Fair Supply

Prices on Morris avenue continued steady until closing time Saturday. with no changes except in meats, lard, pro- duce and full cream cheese. Fresh snap beans went up 5oc on the hamper, cheese took on 14c decline, while pure lard went up Ac. Meats of all kinds are un- steady, with prices unusually strong.
 Business for the entire week has been gcod according to wholesale dealers. Business in the produce market has been very satisfactory and continues to in crease as the weather grows warmer. eDalers in poultry, eggs and creamery products say Saturday was their best day. and they are looking for good busi- ness next week. Butter seems to be leading in demand with prices strong No changes have been made in flour and feedstuffs for several days. Business in this line is reported as being good, country trade calling for more shipments. The hide and ta1low market has made no changes in the past week, and prices are slightly off. l.I.illxllEiI Mondays quotations follow:
 Poultry and Eggs
 (Commission Merchants PriceS
 Fryers-25c.
 Hens-16c.
 Guineas-sGc.
 Roosters-10c per pound.
 Fresh Country Eggs-1Sc; graded, 90c.
 Turkeys-Live, 22c; dressed, 24c,
 Geese-75c, or 13c pound.
The Birmingham age-herald., 1916-03-19
Rice Market

New Orleans, March 1S.-Rice was strong in all grades today except clean Japan, which ruled steady. The market was bare of supplies in the rough grade, Receipts: Rough, N3S; millers, 1888; clean. 66,OS9. Sales: AIS pockets clean Hon. duras at at s@4N; 2o55 pockets Japan at 39-16@SAc. Quotations unchanged.
The Birmingham age-herald., 1916-03-19

companies in Greater New York, not in- clUded in clearing house statement: Loans, etc. s6s2, 900, increase S4 4s1, TOO; specie $57, 721, 600, increase $290O; legal ten- ders sS,927, zO0 increase s225, 300; total de- posits $s59, 415,s00, decrease $2, ,161 600; banks cash reserve in vault $11,541, 900; trust com panies cash reserve in vault s55107, 100.
The Birmingham age-herald., 1916-03-19
Naval Stores

Savannah, March lS.-Turpentine firm, J01hc; sales none; receipts, |; shipments, 16; stocks, S513 Resin firm; sales none; receipts. 1S0 shipments, none; stocks. lSlS Quote: B, D. E, F, c and H, $5: I. s. 15; K and M, s5.4o; N, S. .45; we, s5.65; wv, &575 <fH
The Birmingham age-herald., 1916-03-19
spot sCotton
Pig Iron
Gues:sel

From the Penn State Froth.
 Mame-Honest, Maude. didn't you ac- cept Jacks proposal last night?
 Maude-Y-Y-Yes. but how did you guess? ei,gss
 Mame-oh. the poor dear looked so wor- ried this morning.
The Birmingham age-herald., 1916-03-19
Produce Market

New York, March 1S.-Butter steady; re- ceipts, 37,977 creamery extras, 92 score, 3S@Sl1c; creamery, higher scoring, 3S@ 3sAc; flrsts. 33@35c. Eggs strong; receipts, 2,830; fresh gathered extras, 221s@231kc extra firsts, 22c; frsts, 21@211sc; seconds, 201h@20Ac. Cheese firm; receipts, 1922; state held specials, 1S14c; do average fancy, 1Sc; current make, average run. 174@17kc; Wisconsin, twins, held, 1SQ 1sAc. Live poultry weak. Chickens, 17c; broilers, 22c; fowls, 19c; turkeys, 2Sc. Dressed quiet prices unchanged.
 Chicago, March 18.-Butter higher; creamery, 3O@36c. Eggs lower; receipts. 14,S6S cases; firsts, 19@1914c; ordinary firsts, 18@1S1zc; at mark, cases included 1SQ19c. Potatoes, receipts, S4 cars; market un- changed. Poultry, alive, unchanged.
 Kansas City, March 1S.-Butter, eggs and poultry unchanged.
 St. Louis, March 1S.-Poultry, butter and eggs unchanged.
 Elgin. H.. March 1s-Butter, s5 tubs sold at 36c.
The Birmingham age-herald., 1916-03-19
Sugar and Cereals

| Granulated sugar. 6.2s per cwt.. t. o. b. Birmingham. Choice Rice-$5.50 per cwt
 Fancy Rice-$6 per cwt. Extra Fancy-fc.o0 per cwr. Grits- $2.25 per s6-lb. bae.
 Sugar Is being sold by Birmingham re.
 tailers at from F to 15 pounds for S1.
The Birmingham age-herald., 1916-03-19
Dry Goods Market

New York, March 1S-Cotton goods markets closed very strong with print cloth sales for the week in this market in excess of 5O0.0OO pieces Wool markets were firm today. Linens were scarcer and higher.
The Birmingham age-herald., 1916-03-19
St. Louis Grain

St. Louis, March 1S.-Wheat. lower; No. ? red, $112; No. 2 hard nominal; May, s1 .0Sss s@1. .OSsl; July. s1.021a. Corn. lower; No. 9, 711a@72c; No. white, 72c May, No. 2 white nominal May, 421ac; July, 4OAc.