davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1916-05-10
EXCITED BUYING
 ON COTTON MARKET
General List Closed Firm at Net Gain of From 2S to
 B Points

New York, May 9-Some early irreg
 ularity was followed by renewal of lexcited general buying in the cotton
 market today and prices made new high
 ground for the movement. July con-
 tracts sold up to 1S.o4c, or S2 points above last nights closing figures and closed at 13.O1c, with the general list closing firm at net gain of from 2S to 35 points.
 Trading was comparatively quiet during the early session. Liverpool was relatively firm and the market opened unchanged to 3 points higher with ac7 tive months selling about to Il points Iabove last nights closing figures short ly after the call. Bullish overnight spot advices from the south and re- newed trade buying encouraged the upward movement, but the market met consider scattered realizing or lselling for a reaction, and prices sagged off from the best. fferings were pretty well taken on setback to final figures, however, and the selling showed a tendency to taper off which was doubtless 8 disappointment to some recent sellers for a reaction Early hesitation may have been, part fly due to nervousness over the Mexican situation, put many thought the call ling out of the Texas militia would re- duoe the field labor in that state, while early rumors that some hedge selling
 was beginning to come out were hardly confirmed by the character of the trad ing. As prices steadied renewal of peace rumors toward the middle of the afternoon, covering became active while trade interests continued buy CTS and there was a renewal of more l or less general demand from Wall street and commission house sources May contracts sold up to 12.92c, Octo- Der to 13.21c and December to 1339c or 2S to 35 points net higher. The close was within or 3 points of the best, although there was heavy realizing on 1 the advance. Except for the peace ru- mors and rather more favorable late advices from Washington with refer ence to Mexican affairs, there ap- peared to be no change in the general news to account for the sudden re- newa1 of general buying, but the fail ure of 13 cents for new crop months to bring any important volume of southern hedge selling was evidently considered a bullish feature and when the demand increased there appeared to be comparatively few sellers around the ring.
The Birmingham age-herald., 1916-05-10
REPORTS
 SEND WHEAT DOWN.
Market Very Irregular, But Outcome of Days Trading
 Was Steady

Chicago, May 9.-Drought, heat and in- sects in the southwest more than offset in the wheat market today the effect of pre- dietions that at least some relief would be given by widespread showers. The out come of the days trading was a steady close at 1sT15c. net advance, with May $l.1434 and July s1.16@1.16ls Corn fin ished IsM14c to ssc down, oats 1sc off to a shade up and provisions at loss of 21a to lie.
 Although the forecast of showers car ried the wheat market down suddenly about cent per bushel, an upturn with in an hour lifted prices cents above the low point of the decline The bulish re- action came from food of reports tell ing especially of the serious harm al- ready done by Hessian fly and excess sively dry weather in Kansas. Nebraska and Oklahoma. Heavy offerings on the advance wiped out some of the gains. but the market displayed unusual power of absorption. Higher quotations from Liv- erpool tended to help the bulls, and so, too, did word that 100000 bushels of Manitoba wheat had been taken for Eu- rope.
 According to one Kansas report, the damage to wheat around Abilene is the greatest in years. Salina sent word that uHuer no ClrcumSlanceS LnlS season Woulu the neighboring district raise more than 50 per cent of normal crop. Another typi- cal assertion regarding the Kansas crop was that in some places the crop had gone back D per cent in the last two days.
 Corn was depressed by talk of New Workers purchasing cargoes from Argen- tina The government report on hay stocks was also construed as a bearsh factor as to corn. Besides, favorable weather was said to be giving great aid to planting. Oats were relatively firm as a result of export sales, which totaled 000 bushels. In addition drouth southwest was reported to be causing damage.
 Provisions paralleled the action of the hog market. Something of an advance early was followed by a general decline, with the most weakness in pork.
The Birmingham age-herald., 1916-05-10
UNCERTAIN TONE ON l
 STOCK EXCHANGE.
Reply to German Note Dis counted and Market Drifts
 on Recent Events

{ New York May 9.--For want of more sefnite or specific reasons, the uncer-
 Rin trend and professional tone of to- lays market were accepted as the log
 kal outcome of recent events. Washing .pn's reply to the Berlin note seemed |b have been fully discounted. but the Snlfting phases of conditions south of the E io Grande were again reflected in the Hpmparative heaviness of Mexican is fles.
 War stocks followed a more consistent purse, in that they displayed greater eakness wit& the spread of peace rum *'s. As msH&er of fact, these rumors
 ppeared to originate largely from inter &ted sources, including what is technical known as "sold-out bulls. Certainly *le international list gave no hint of the #omentous proceedings abroad. and the #reign exchange markets conveyed no &timations Of an approaching change. NTRe most hopeful or constructive sign ! as furnished by the railway list, which N5ured to a greater extent than ordi- Flrily in the days operations. Union Pa Nfic was foremost among the standard Flares, recording a maximum gain of &s points, with lesser gains for St. Paul, Canadian Pacific, Reading and Lehigh Bailey.
 X MLow-priced rails, more especially Rock Bland and some of the issues which once %rmed integral parts of the Gould sys- Nm, were in general demand later. Rock Bland rose to 221a, it's best quotations 3br very long time. Renewal of ac- Nyity in these long dormant issues was Fade the occasion of much conjecture and DeculationS.
 #Shippi' shares again divided honors
 the automobile group, Mercantile Narine and United Fruit suggesting fur Sler accumulation by substantial inter- E'ts, with higher quotations for Max Mells, Studebaker and United States Rub- #er. The motors fell away later, how # CT, on failure of the Maxwell directors @ act on the common and second pre- Erred dividends.
 MUnited States Steel fluctuated narrow M most of the day on reduced offerings, Mosing with a small net loss. Bethlehem #eel, on single sale, fell 19 points to 6P. Weaknes sof United Railways invest Ment common and preferred made those Msues the feature of the utilities group. #Bonds in general were irregular, but Mock Island issues, notably the deben- Mres, were very strong. Total sales
 #tr value, were $3,540,000
 EUnited States bonds were unchanged on #ll
The Birmingham age-herald., 1916-05-10
Interior Move ent

Houston: Middlingi 13 15c; receipts, 1887; shipments, 5133; sales, 1495; stock, S7, ,509 Memphis: Middling, 12.62c; receipts, 1922; shipments, 4947; sales, 2OoO; stock, 14S, 391
 Augusta: Middling 12 56c receipts, s3O: shipments, 991; sales, 730; stock, 109,419.
 St. Louis: Middling, 121ac; receipts, 374S: shipments, 37f; stock, ,783
 Cincinnati: Receipts, 512; shipments, 8; stock, 15,025.
 Little Rock: Middling, 2sSc; receipts, 359; shipments 527; sales, 527; stock. 27' 's43. Dallas: Middling, F soc.
 Montgomery: Middling, 12 25c; sales, Al. Total today: Receipts, S45S; shipments, 14,Sa2; stock, 4O6,77O
The Birmingham age-herald., 1916-05-10
Chicago Grain

Chicago, May 9.--Wheat, No } and 3 red nominal; No. 2 hard nominal No. 3 hard, $1.11@1. .141a. Corn. No. yellow 7534@76s4; No. yellow and No. white nominal. Oats, No. 3 white, 441a14ec; standard, 48Q49c. Rye, No. 2, 97d971ac barley 6S@79c; timothy, $4. 5O@7. .75; clover, $SD14. Pork, $23.50a24. Lard, s12s7 Ribs, $12.320112S2
The Birmingham age-herald., 1916-05-10
Cotton Seed Oil

NewA York, May 9.-Cotton seed oil was somewhat irregular but easier in the main under scattered selling by the west and local traders on the de- cline in lard and slow cash demand. Final prices were points higher to net lower. Sales. 12.700 barrels. Spot, 10.95M Il, ,25c; May. 1895 10*. .9Sc; June, 11.06 @11.0Sc, July, 11.15@ 1.17c; Au- gust 11.1S@11.20; September, 11.22@ 1124c; October. 10.22@1O.23c; Novem- Der. 9.3S@935c; December. 9.24m9.26c, total sales, 12,70Q. Z
The Birmingham age-herald., 1916-05-10

ceipts, 26a2s1Ac Eggs: Higher; receipts. 8, ,93O cases; firsts. 2o1zd21c; ordinary firsts, 1sa19$4c: at mark cases included. 19d20s4c. Potatoes: Receipts, 22 cars; uA. changed. Poultry: Alive. unchanged.
 St. Louis, May 9-Poultry: Unchanged. except chickens. 1c: turkeys. 14G24c; ducks, 14c. Butter: Creamery. 3Oc. Eggs 1S14c.
 E Kansas City, May 9.-Butten. eggs ana poultry unchanged.
The Birmingham age-herald., 1916-05-10
Eminent Divine Daad

London. May 9.-The Rev Allan Men zes, president of divinity of and biblic criticism of St. Mary's college, St. An drews, died today. President Menzies was author of number of books of religious subjects He was born in 1915. and was appointed to the St Andrews professor ship in 1SS9.
The Birmingham age-herald., 1916-05-10
Spot Cotton
Pig Iron
Naval Stores

Savannah, May 9.-Turpentine firm, sec; sales. 1S1; receipts, 3S7; ship ments 401; stock, 6540 Rosin firm, sales, SS6 receipts, 1O72; shipments 2SS4; stock. 56,637. Quote: A, B. $3.S5 @4; c, D, $3.95@4: E, s4@4.05; F., $4.15: c, s4.20: H, I, $4.25; K, s4.45; M, $4.60: N. s4,s0@49o; w. G, $5.10@52o 20; wv $5.30.
The Birmingham age-herald., 1916-05-10
demand, $4.75 11-16; cables. s.a ZIG

demand. $4.75 n-16; cables, s4.76 ZIG Francs: Demand, 594s4; cables, 594 Marks: Demand 76s4; cables, IT. Kronen. Demand, 1872; cables 1894. Builders: De- mand, fl; cables, 411a. Lires Demand 6.43; cables, GAP Rubles Demand, 31 cables 314 Bar silver, 73Ac; Mexican dollars 56Ac. Government bonds steady; railroad bonds irregular. Time loans firm, 60 days, 2a4@3c; 90 days, 3@3Ac; six months, 3A per cent. Call money easy; high, 2A per cent; low. per cent; ruling rate 2A per cent; last loan, 2A per cent; closing bid. 2 per cent; offered at 21l per cent.
The Birmingham age-herald., 1916-05-10
New Orleans Rice Market

New Orleans. May 9.-There was no change in tone in rice today. Clean Ja- pan continued steady and the other grades strong with unchanged quota tions. Receipts: Rough, 1151; millers, 1151; clean, 9S19. Sales, 75 sacks rough Honduras at 3.90c; 3O74 pockets clean Hon duras at 2as@5 1-16c.
The Birmingham age-herald., 1916-05-10
cred extras, 24a241kc

cred extras, 24a24lAc; regular packed frsts, 211Ad22a4c; seconds, 2Oa21c.
 Cheese: Firm; receipts. 24s4; state held specials, 1S949191kc; fresh specials, 17d 171sc; average fancy. 16s4a17c; Wisconsin twins, held, 1S1Ac.
 Live Poultry: Weak: no prices settled; dressed firm; chickens. 1s032c; fowls 171kd22c turkeys, 291tSSe
 Chicago, May 9.-Butter: Lower; re-
The Birmingham age-herald., 1916-05-10

Kansas City Grain

1 Kansas City, May 9,--Wheat, No } l hard, s1.09@1.16: No. } r@s, s1.l1@1 15 l Corn, No. mixed, 7014@71c; No. 2 white,
 L71c; No. 2 yellow, 711ac Oats, No white, ! 46@47c; No. 2 mixed, 4o942c.
The Birmingham age-herald., 1916-05-10
St. I,ouis Grain

St. Louis, May 9.-Wheat, No. red, SIPS; No. ? hard, s1.15; May. s1.14o1a July, $1 1.12as@1. .121a. Corn, No. ?, 741aGp76c; No. 2 white 75@751sc; May, 721s@72ssc; July. 7314 Oats, No. 2 44c; No. white nomi- nal; May, 4Sc; July, 41Ac.
The Birmingham age-herald., 1916-05-10
New Orleans Cotton Futures
New Orleans Cotton

New Orleans, May 9-Spot cotton steady, unchanged. Sales on the spot, 9s9; to arrive, 395. Good >ordinary, t. .Ssc; strict good ordinary, 11.3Sc; low middling, 8Sc; strict low middling, 1213c; middling, 12.SSc; strict midding, 12.63c; good mid ding, 12.Sc; strict good middling, 1S.13c. Receipts, 4774; stock, 292, 403
The Birmingham age-herald., 1916-05-10
Avery's Letter

Prices i'll the cotton market hesitated this morning, even with a Liverpool mar ket some 3 to points better than due Repeated efforts were made to sell prices off Finding their efforts futile shorts covered and sold out bulls replaced part of their lines, this buying carried prices to new highs for the movement
 There is said to be heavy short commit ments for July, August filling in both futures and actual cotton, and those who have been bearing the market were hunt ing nice large hole to crawl out
 As I have said repeatedly Fundamentals car be sidetracked for awhile, but they Inevitably assert themselves This ad- vance in cotton prices has been due for months and the reason for the advance is solid and substantial one, namely an extraordinary demand. This is not a demand from speculators it is a demand for raw cotton to spin and weave into goods, which have already been sold ahead three months into next year, and sold, too for the best prices since 1907. TAG per yard, and buyers not concerned 4l4c per yard and buyers not concerned so much over the price as they are over when goods can be delivered
 Spot at most interior towns and ports advanced from F to % points.
 No pyramiding or overextended long in- terest is noticeable, and as long as spot prices keep pace with futures and the technical conditions remain healthy. con- tinue to advise purchases oh small set backs c. F. AVERY
The Birmingham age-herald., 1916-05-10
LiverpoOl Cotton

IlVerpooI, May 9.-Cotton, spot un- changed; good middling, S.4od; middling, 29d low middling. S.05d. Sales, 10000; for speculation and export, 1000. Receipts, S2oo; futures firm; May. S.O61sd May June, S.05d; June-July, s.02d; July-August, Sd; August-September, 795d; September October, 7.911ad; October November, 7s6d: November-December 7.S0d; December January, 7.771Ad; January-February, 776d; February-March, 776d; Marcn-April, 7.76d; April-May, 7.76d; May-June, 7.75Ad
The Birmingham age-herald., 1916-05-10
Meats
lPackers' Selling Pricel
Creamery Produc.s

CWholesa1e Selling Price) Creamery Butter-341ac; A. & M. cream cry, 331ac; process butter, 331ac; oleomar- garine, 15Q23c; country butter, 25c. Full Cream Cheese-181ac
The Birmingham age-herald., 1916-05-10
Hubbard Bros. & Co.

|tOn Merchants, Hanover S0uare. Member New York Cotton EW. |nge, New Orleans Cotton Exchanra York Produce Exchange. Associa t.s Gnbers Liverpool Cotton Assouiation
 of Cotton and Cotton Seed Oil for 1lre delivery. Special attention ana Fral terms given for consignmer1ts oS
 E cotton for delivery. Correspond.
 N invited.
The Birmingham age-herald., 1916-05-10

ings's papers. On this basis they sought buying orders from this immediate To- cality, which carried the market to the highest prices since November, 1913, and closing there.
 No regard was paid to the excellent weather conditions or to the good crop accounts coming to hand. All assume a large demand for cotton without consid- ering the change that will occur when nations cease buying garments for the in- dividual out of capital and he has to buy them from what he can earn.
 The feeling here is very bulish
The Birmingham age-herald., 1916-05-10
Metal Market

New York; May 9.-Copper frmer; cleo trolytic, nearby, nominal August and later, $2S.75@30; iron steady and un- changed. Metal exchange quotes tin qufet; spot offered at S50.50.
 At London: Spot copper e149, los; fu- lures G133, los; electrolytic 9153, los; spot tin E199, los; futudes G19S, 5s.
 The metal exchange quotes lead at $7.3O @7.50; spelter steady; East St, Louis de- livery, 17Ac asked
 At London: Lead. eS4, 5s; spelter, ssS
The Birmingham age-herald., 1916-05-10
Sugar and Cereals

Granulated sugar, s cwt., f. o. b., Bir- mingham. Market firm at s765 New Or leanS
 Choice Rice-s5.50 per cwt.
 Fancy Rice-$6 per cwt. Extra Fancy-$6.50 per cwt.
 Grits-$2 per 96-lb. bag.
The Birmingham age-herald., 1916-05-10
Dry Goods Market

New York, May 9.-Cotton goods were quiet and firm today Wide print cloths and fine cambrics advanced. Yarns were firm; silks easier. Mems wear was firm on small buying
The Birmingham age-herald., 1916-05-10

FlSn (Wholesale Selling Price)

(Wholesale Selling Price) Perch-S1ac. Salt Water Trout-121zc. Red Snapper-l0c, in bbl, lotsI He small lots. Gray Snapper-7c. Mullet-6Q65ac. Spanish Mackerel-10c. Shrimp--121ac. Sheephead-S1ac. Virginia Croker-6c. Pompano-30c.
The Birmingham age-herald., 1916-05-10
POULTRY PLENTIFUL l
 ON MORRIS AVENUE.
Creamery Products Decline. Strong Demand for Straw
 berries and Vegetables

The egg producing season falling off, hens have become more plentiful in local wholesale poultry markets. The price has been considerably higher than at present, but has been on a decline for more than a week. Hens are being quoted today. for 15c a, pound.
 The recent drops in creamery products are responsible for 1sc decline on full cream cheese noted in yesterdays mar ket. Business in the poultry and cream cry products market has been reported brisk for three weeks.
 Red snapper has again become scarce in fish markets, while there is sufficient supply of other variety, with but few ex- captions.
 The demand for strawberries and vege- tables is still strong, according to dealers. No prices in this line have been changed in more than a week.
 Business in the hide and ta1low market is reported good with prices steady. Grain and flour markets are doing a fair business, while prices are firm.
 Poultry and Eggs
 (Commission Merchants FricN
 Broilers-40c.
 Hens-15d.
 GuineaS-35c.
 Boosters per pound { Fresh Country Eggs-20c; graded, Ec.
 Turkeys--Live, 22c; dressed, 24c.
 Geese-75c, or 13c pound.
The Birmingham age-herald., 1916-05-10
English Money

London, May 9.-Bar silver, 35 1-16d per ounce. Money, 4Q41a per cent. Discount rates: Short bills and three months, 45s @434c.
The Birmingham age-herald., 1916-05-10
Flour and Feedstuffs

Colorado patent, $6.3O; self-rising flour, $675; Tennessee flour. $655; Michigan flour, $7.65; Idaho flour,/ s6.65; hard winter wheat flour. $625; Minnesota spring wheat, $6.SO; pure wheat shorts, $S4; brown shorts, S32; pure wheat bran, $3u; C. S. meal, 71z per cent, $SS; Cremo meal s27; c. s. hulls $l9 per ton; No. i timothy hay, SPA per ton; pea green alfalfa, west ern, $2T; southern alfalfa, $21; mixed feeds, per ton, $37 oats, per bushel, No. white 63c; corn, per bushel, S1; corn meal, $1.S2 per 2-bushel sack; chops, soc; poultry food, $1.90 per sack; dairy food, $50; Johnson grass hay. S15.
The Birmingham age-herald., 1916-05-10
Hubbard Bros. & Co.'S Letter

New YOrk, May y.-ThrOughOut the morning the markets were dull and drag gng under the influence Of the profit taking on the part of the southern hold CTS of cotton, who, in the absence of an active spot demand, were hedging here After luncheon the local brokers found newspaper dispatch from Washington suggesting that peace negotiations might be under way because of the cablegram which the pope is said to have sent to Cardinal Gibbons mentioned in this morn
The Birmingham age-herald., 1916-05-10
Fruits and Produce

 Apples-Fancy Winesap, barrel, S525, choice Winesap, S4.50; fancy Ben Davis, S3.50; fancy Arkansas Blacks, S5.51; bar rel; western, $2.25 box. Oranges Florida, per box, S404. 50. < Oranges-Calitornia, $350Qs.75. Grapefruit-F'lorida, per box, s. Cranberries, per box, $2.50 barrel, S9.50. Bananas, per bunch, $1.50Q2. Lemons-Fancy imported. box, $3.75; fancy California; $350. Irish Potatoes-Michigan White bushel. $1S5.
 Sweet Potatoes-Dooleys, bushel, s0c Yellow Hammer. bushel, S1 Onions-White, per crate, s2.50; yellow, ger crate, g.
 Rutabagas-C Canada, 124c pound. Cabba9e-Fiorida. per crate $2.75; Dan ish, 2hc pound.
 ucumbers-Hamper, &. .50 Tomatoes-F'ancy Florida, per crats $2.75; choice, per crate, S225. Beans-Fresh Florida, per crate, s2T5 New Potatoes-Hamper, S2.75. Celery-Fresh Florida, per crate s2.5O Lettuce-Per hamper, s1.50 Squash--Per crate, $2.50 StraWberrleS- Alabama, S1 5912 no Limes-Per 100, $1.50. Peas-English, per hamper g. Pineapples-$3 a crate.
The Birmingham age-herald., 1916-05-10
Bonds

Mercantile Paper %ew York, May 9.-Mercantila na
 per cent; sterling. 60-day bills. s47sn
The Birmingham age-herald., 1916-05-10
PrOdrce Market

New York, May 9.-Butter, firmer; re- ceipts, 15,S92; creamery extras, 92-score 31@31l4c; creamery higher scoring, 311s@ 32c; firsts, 90dS014c.
 Eggs: Firm; receipts, 2S.355; fresh gath
The Birmingham age-herald., 1916-05-10
Live Stock


 Chicago, May 9.-IIogs: Receipts 14000; weak; bulk of sales, S. 65Q9.S light, $930 9.S5; mixed, 8. 4009.9J; heavy, $9.35@9 .90 rough, s9.35@9.50; pigs, $7. .25a9. 10.
 Cattle: Receipts, 4000; firm; native beef steers, $770d9 .S5; stoclSers and feeders s. 75aS.6 .65; cows and heifers, $4.2O@9 .35; calves, $6.5OQ9 S5.
 Sheep: Receipts, 5000; strong; wethers $7@95o; ewes, $5. .25a9. 25; lambs $S@12
 St. Louis, May 9.-Hogs: Receipts, 10,- mixed and butchers, $9. 70d10; good heavy $9. .90@1O
 Cattle: Receipts, 390O; steady; native beef steers, $7. .5CQ9.S S5; yearling steers and heifers, SS.6G@975; cows, s5. .25QS. .25; stock CTS and feeders, $5 .50aS. 50; Texas and Ok lahoma steers, S5.75@S.75 prime southern steers, $9at9 50; cows and heifers, $5aS; prime yearling heifers, $S .5009 .50 native calves, $6@10.
 Sheep: Receipts 700; higher; wethers, s7 @S.60; lambs, $10@11 80; clipped ewes, ST. @S.25; clipped lambs, s9Q9.S5; spring lambs, S10@14.
 Kansas City,, May 9.-Hogs: Receipts, l5O00; steady; bulk of sales, $9. 65Q9. 80; heavy, S9.70@9 80; packers and butchers. s3. .65asS5; light, $9. 50@9.7 TIE; pigs. $s. 65a9 Cattle: Receipts, 7700; strong; prime fed steers, $. .25@9. 60; dressed beef steers, $S@ 9 %; southern steers, ST. 50Q9; cows, $5 500 S.2o; heifers, $7.&@9.75; stocl1ers and feed CTS, S@9; bulls, $5.75@7. 50; calves, $6@ 10.5O.
 Sheep: Receipts, 12,O0O; higher: lambs, S9 .26@l. .75; yearlings, sS50@11; wethers, s750Q9.50; ewes, .50@9.
The Birmingham age-herald., 1916-05-10
Coffee Market

New York, May 9.-The market for coffee futures became more active and decidedly firm today on a renewal of bull support and covering which seemed to be inspired by the continued firmness of Brazil and the circula- tion of peace rumors. Trading was comraratively quiet at the start, but after opening at an advance of I to points the market gradually gained strength with July selling up to- S.59c and December to S.70c in the late trad ing or back to just about the previous best level of the season. The close was F to Is points net higher. Sales. 40, : 75o. May S.3Sc: June, s.43c;, July, S.47c; August, S.52c; September S5Sc; Octo- Der, S.61c. November, S.65c December, S.6Sc January, S.74c. February, sS0c; March, S.S5c April. SS9c. Spot coffee steady; Rio Is, 9s4c: Santos As, 1O1sc. Comparatively few cost and freight of- fers were reported in from Brazil and quotations were we'll maintained. The official cables reported no change in milreis prices while there was an ad- vance of S-32d in ths rate of Rio ex- change on London. Receipts at the two Brazilian ports. 1s,o0O; Jundiahy re- ceipts. 5000.