davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1917-11-17
COTTON REVERSES
 ITSELF YESTERDAY
Most Selling Due to Spot Of ferings and Nervousness
 Over the Situation

New York, November 16-The cotton settled during today's trading. After selling off to 27.Ssc early, January rallied to 27.70c, but broke to 27.14c in the late trading, and closed at that level, with the general list closing easy at 8 net decline of 45 to 70 points. Rumors that officers of the local exchange had been invited to Washington for the purpose of dis cussing the question of regulating or fix ing maximum prices for cotton, were con- sidered largely responsible for the late afternoon break. Otherwise the selling was attributed to increased spot offer- ings and nervousness over the European situation.
 The market opened barely steady at a decline of to IS points and sold about 20 to 30 points net lower during the early trading. Trade buying, a prominent fea- ture earlier in the week, was less active, while there was scattered southern sell- ing, liquidation and local pressure.
 Reports of an easier spot basis were circulating on the decEne. Liverpool was moderate buyer on the decline, while there was also support from some of the local houses, and the market firmed up during the middle of the day on covering by early sellers and the fail- ure of southern selling to develop larger proportions. March rallied from 27.15c to 2746c, and active months generally re- covered their early losses, but the list soon weakened again under renewed liquidation with selling active and ex- cited late in the afternoon. December broke to 27.75c and March to 26.95c, with the general market selling about 46 to 65 points net lower. Reports of increased spot offerings were received from both eastern and western sections of the belt. Southern mills were reported buying and private advices received here said that there had been a large turnover of ac- tual during the day.
The Birmingham age-herald., 1917-11-17
SMALL DEALINGS
 AGAIN FEATURED All Movements Narrow Elk cept Rails and a Few
 Specialties

New York, November 16.-Operations ~n the stock exchange today were the smallest and in most essentials the least -sote worthy of any full session for sev- eral months. Latest restrictions of the exchange tend further to limit transac- tions to actual purchases and sales
 Price changes were influenced to a considerable extent by negative condi- tions, rather than actual happenings The more perplexing railroad situation, the absence of definite advices from Rus sia and conflicting news from the Ital- -1ii front cobined to provoke fresh liqui- dation.
 Movements were narrow, except among rails and a few inactive specialties. Del aware and Hudson fell points to the ne wnlinimum of 93, Pennsylvania, Read tng and others coalerS, well as Pa- cifics and grangers, reached 1 to points and minor transportations were lower.
 Active industrals, including the war group, were little affected by the re actionary trend of representative stocks, recording extreme gains of 1 to points Motors and shippings denoted further short covering and coppers made up some of yesterdays lost ground. Final quotations were under top prices, the list closing with an irregular tone.
 Italian exchange was especially weak, fires at S.60 ,approximating their great est discount; guilders also showing some depression. Call loans were easier, time rates remaining firm.
 Bonds were hesitant, with further heavy dealings in liberty issues, the As falling from 99.4S to a fresh minimum of s9.74, while the 31as rose from s. 6S to 99, substantial advance over the As. Total sales of bonds, par value, aggre- gated $4,270,0O0.
 United States bonds. old issues, were unchanged on call.
The Birmingham age-herald., 1917-11-17
Dun's Review

New York. November 16.-Dun's tomor- row will say:
 With the increasing restraints imposed by war conditions, and with the many uncertainties of the period, business is handicaped in various ways and it's prog ress is necessarily checkerer and irregu- lar Not through lack of confidence, but owing to the drawbacks in production and distribution, and also because of di- minishing supplies of material and mer- chandise, some important transactions are being held in abeyance and the diff culties of filing requirements are not cal culated to lessen with winter drawing nearer and still greater congestion in transportation foreshadowed. It is par ticularly unfortunate, at time when the manufacturing forces of the country should be running most smoothly to needs and the large demands from regu- lar channels, that some plants have been obliged to shut down through inability to obtain fuel, and that the works in many directions continue hindered by labor shortage and other obstacles Where uninterrupted operations are pos sible. there are comparatively few in stances where producers have not suffi- cient orders in hand to keep them ac- lively occupied, and it is not uncommon to hear of ordinary business being turned aside to make room for the pressing wants of this government and its allies.
 Weekly bank ciearings, $5.494.06097O.
The Birmingham age-herald., 1917-11-17
Hester's Gotten Statement

Comparisons are to actual dates not 10 close of corresponding weeks: Tn sight for week. 499.000; in sight same seven days last year, 5S100o in sight same seven days year before, 462,000; in sight for the month. 1,i00,000; in sight same date last year, l. .35oo00; in sight same date year before. 1176.000; in sight for season, 45s4,000; in sight same date last year, 61460o0: in sight same date year before, f.S05,0o0. Port receipts for season. 2,460,- G00 port receipts same date last year, 3, . 536 600; port receipts. same date year be- fore last, 2.7s2,090. Overland to mills ana Canada for season, 3l1,0o0; overland to mills and Canada same date last year, 633, 0o0: overland to mills and Canada same date year before, S1f.O0l Southern mill takings for season, 1.269. .o00; southern mill takings same date last year. 1,24l GOO;
 southern mill takings same date year be-
The Birmingham age-herald., 1917-11-17
New Orleans Futures
Port Cotton

New Orleans: Middling, 2Sc; receipts 9172; exports, 19, 9,493; sales 2929: stock, 239, 23o.
 Galveston: Middling. 27.95c; receipts 64s; sales. 9s5: stock, 253.445.
 Mobile: Middling. 2S.25c; receipts 263 sales. 35; stock, 22569.
 Savannah: Middling, 2s13c; receipts 1929; sales, 1923 stock. 259,S62.
 Charleston: Middling, 2S42S1sc; receipts 2211; sales, 30; stock, 49,573.
 Wilmington: Midlding, 2sc; receipts, 400; stock, H,062.
 Texas City: Receipts, 2S46; stock, 10s12, Norfolk: Middling, 2S.3sc: receipts, 22l 1; sales, 1527: stock, 61,113.
 Baltimore: Receipts, 1405; stock, 2. .11s. Boston: Middling. 2s95c; receipts, 752; stock. SS43.
The Birmingham age-herald., 1917-11-17
Pig Iron
Weekly Cotton Statement

New York, November 16-The cotton market made new high records for the season during the past week. Janu- afy contracts sold at 27S0, making an advance of about $12.75 per bale from the low levels reached on the reaction at the end of October. This reflected trade buying and covering by recent sellers who were doubtless influenced by in- creased estimates of domestic consump- tion and a more optimistic view of ,ex- port possibilities. The census report of the previous week or ginning prior to November 1 had caused a moderate seal l ing down of crop estimates and when a tendency developed to increase estimates of distributing the busing movement be- came general.
 According to the monthly canvass of the census bureau, domestic mill con-
 sumption for October amounted to 6s5,-
 46S bales, including linters, compared
 With 617,SS3 for the same month last year. Prior to the publications of these Agures, there had been a feeeling that consumption was likely to fall off owing to shortage of labor. The official fig ures were consequently a surprise to recent sellers and encouraged estimates ! mat the seasons requirement by this country would aggregate nearly S,000,- coo bales including linters and foreign cotton.
 The more hopeful view of export pros peclS seemed 70 grow from an announce ment that the shipping board had se- cured control of Japanese shipping az sregating 3o0,000 tons and had also com pleted arrangements whereby neutral shipping would be used i'll the South American and coastwise trade No def mite figures were mentioned in the lat ter connection, but it seemed the i'm
 pression that it would amount to about 4Go.0G0 tons. and that it would release
 other tonnage for use Tn the transatlan-
 tic routes.
 No change was reported in ocean
 freight rates, and it is said that no
 less than $10 per hundred pounds has
 been paid for room out of New York
 for Liverpool within the past few days
 Reports of increased southern spot of-
 rings checked the advance toward the
 end of the week and with runors of gov-
 ernment price fixing caused active li-
 quidation during today's trading. Pri-
 vate cables say that restrictions placed
 on manufacture will reduce Lancashire
 consumpticn of American cotton to about
 1000 bales per week.
The Birmingham age-herald., 1917-11-17

The avenue was unable to get away to a flying start yesterday, and was rather inactive all during the session. Price changes were confined to poul- try, which split-some up and some down. The federal price list shows unchanged quotations this morning, due to plenty Of produce in the market. While 1lsh are scarce, the prices stand pat Corrected quotations follow: United States department of agricul- ture, bureau of markets, SUS-SV9 Jefferson County Bank building. Birmingham, Ala, office, November 16. Daily market news bulletin. (Prices based on sales to retailers.)
 N. B.-These are not retail prices. but the price at which your retail merchant can buy the articles mentioned. ONIONS
 Red Globes, per pound ................4c Small Green, per bunch ....... 41z@5c APPLES
 Bulk stock, various varieties
 (best) per peck ................ 25@30o Bulk stock, various varieties
 (poorer) per peck ............. 20925c Barrelled Stock
 Firsts, Albermarle, Pippins, Mis-
 souri Pippins, Yorks and
 Winesaps, per peck ............ 50Qa5c
 Seconds, Missouri Pippins, Wine
 SdpS, per pSCh ''-............s. 4UJOUC CABBAGE
 Danish, per pound ............... 2@21sc CELERY
 Colorado, per stalk, ......... .61a6f91sc Garge), per stalk ...............10 .1001O1ao GREENS
 Various kinds, per bunch ....., 2k@4c LETTUCE
 Louisiana, per head ............ 715@So Florida, per head ............... 9@10c RADISHES-
 Fer bunch .......................... SGoc IRISH POTATOES
 Round Whites (besD per peck d5
 pounds) ............,....... 421s6I45c SWEET POTATOES
 Yellow Yams and Porto Ricans
 per peck ....................... 25@30c SPINACH
 Per Bunch .......................... 70Sc TURNIPS-
 Rutabaga, per pound ................ Pc Round whites, in punches of
 about g. per bunch ........... 31a@5c DRY BEANS
 Limas and Navys, per pound .... 16c Black Eye, per pound ........... He GRAPES
 Northern Black Varieties, per Alb.
 pony basket .................. 220fE3c November IS, 1917. Office, s0S-9 Jefferson
 T. c. BUSHFIEID,
 Market Station Assistant.
The Birmingham age-herald., 1917-11-17
Restrictions in Transactions
 Force Dealings to Smallest of Year
Fly JOHN c. MOSES

Dealings on the stock exchange yes- terday were the smallest in months. Re- strictions of transactions seem to have everybody gun shy. What little opera tions were indulged in were inf1u- enced by rumors of conditions that did not actually exist. Rails were off on various reports, while active industials, together with the war group, were not affected to any extent by reactionary movements among stocks Italian ex- change went down. Bonds witnessed heavy dealings, with liberties fea- turing.
 Cotton reversed itself yesterday and showed nervousness during the session. The general list closed at net decline
The Birmingham age-herald., 1917-11-17

of 45 to 70 points. The south reported scattering selling and liquidation. Liv- erpool bought moderately on declines,
 as did local New York houses. Southern
 mills were said to be buying and large turnovers of the actual staple were made.
 Scarcity of offerings put the grain market in good running order yester- day. Corn finally finished unsettled, A @1Ac up. Bulls were in the market stressing the fact that stocks at ter
 minals were extremely low. Old corn brought $40 per bushel. Oats went to the top notch of the season, which tended to knock off corn values. Com mission houses sold on bulges and held oats down somewhat. There was nc support to the provision market, which closed weak and slow.
The Birmingham age-herald., 1917-11-17
Hubbard Bros. & Ca.

Cotton Merchants. Hanover Square, N, Y. Members New York Cotton Ex. change, New Orleans Cotton Exchange. New York Produce. Exchange. Associate Q Mem bers Liverpool Cotton Association. sale of Cotton and Cotton Seed oil for future delivery. Special attention and spot cotton. for delivery. Correspond ence invited.
The Birmingham age-herald., 1917-11-17
stockers ss.5oQ1l.5o native calves s5.75@

stockers $65oQ11.5O; native calves $5.75@ 1875. SIS. 00a1L00; ewes, $luu0G11.00; wethers, s11 .o0Q12.25; caners and choppers, $5.50@ $50 Chicago. November -Hogs-Receipts, 2i,0O0 strong. Bulk S17.40@17S0; light, S17. 10@17.75; mixed S17.20U17.S5; heavy $17. .15 @17.S5; rough $1715@17.35; pigs $14.00@ 1725 Cattle-Receipts, 4,oCo; firm. Native steers, $7.00@1525; western steers, $5.900 1350; stockers and 1eeders, $5.70@11.50;
 cows and heifers $4.6e@11. 75 calves, S7.0O @1350.
 Sheep-Receipts, 1000, firm. ethers, Ss75a12.90; ewes, $7.eoQ114o 10; lambs, $l2.5o GIT 25
The Birmingham age-herald., 1917-11-17
Hubbard Bros. & Co.'S Letter

New York, November 16.-(Special) )-In the last hour rumor became current that some sort of regulation of the trade was contemplated in Washington. Just what this means no one has any idea, but the suggestion was enough to bring many selling orders from those who bought early in the day. Liverpool was easier on the expectation that the U-boat warfare was a failure and that exports were likely to increase from America. It was also rumored that the national gin- ners' report would show another gain over the same period for last season which might create the idea that the crop was larger than anticipated
The Birmingham age-herald., 1917-11-17
Sugar Market

New York. November 1G.-There was no change in raw sugar prices, but there were sale sagain, including 450 tons of Demerara November arrival and late yesterday there were sales of about 2o,0e9 bags of Cubas, specified November clear ances to the commission, at equal to 690c for centrifugal delivered. Prices were quoted at 57sc for Cubas cost and freight, equal to 6.90c for centrifugal and 6.02c for molasses.
 In refined prices were unchanged at S.35c for fine granulated, with the de- mand still in excess of the supply. Some little relief has been afforded by the dis tribution of the recently acquired ex- port sugars, but no western beets have arrived as yet to relieve the situation.
The Birmingham age-herald., 1917-11-17
S. R. Stewart & Co.

Cotton. stocks. bonds, grain. provisions and cotton seed oil. New Orleans cor respondents Jno. r. Gle K & Co Direct private wire continuous quotations.
 Phone Main se7. ". I. PHELPS, Axn
The Birmingham age-herald., 1917-11-17
Cotton Seed Oil

New York, November 16.-Cotton seed oil was quiet and irregular, November showing firmness on short covering,
 while other positions were inclined lower
 under liquidation. January sold at 1S.25c
 and closed at 1S.25c. Crude was easier
 Tenders, 15000 barrels. Sales, 5000 bar rels. Prime crude, 16.67c, nominal
The Birmingham age-herald., 1917-11-17
Dry Goods Market

New York, November 16.-Cotton goods were active with prices firm. Buying
 was large for future delivery, running in most instances to March on print cloths and later on heavy goods. Yarns
 are higher especially on low numbers Wool markets were steady, broad silks
 quiet
The Birmingham age-herald., 1917-11-17
Liverpool Cotton

Liverpool, November 16.-Cotton, spot, quiet; prices steady. Good middling, 22.6Sd; middling, 2210d; low middling, 21.5Sd; good ordinary. 20.5Sd; ordinary, 20.O5d. Sales, 4O0O bales, including 280O American. Receipts, 24,000, including 2S,- 500 American. Futures closed quiet. New contracts: January, 22.14d; March, 2209d 1; May, 22.04d. Old contracts fixed prices: November, 2O.75d; ecember-January, 20.20d; February March, 2o01d; April May, 19S4d; June-July, 19.6Sd.
The Birmingham age-herald., 1917-11-17

Tn southern Siam silk is produced from domestic silkworms of the white and the striped species, the former producing white and latter yellow cocoons. Each cocoon is said to yield from 200 to 25O yards of silk thread, ana two pounds of fresh cocoons will furnish about four ounces of raw silk.
The Birmingham age-herald., 1917-11-17

Philadelphia: Middling, 2s.Soc; receipts. 176; stock, 6572.
 New York: Middling, 29.55c; receipts, 100; exports. 35,S0o; stock, 92,184.
 Minor ports: Receipts, 9052; exports, 47S0; stock, 25,894.
 Total today: Receipts, s7,n7; exports. 60073; stock, 1,111,279.
 Total for week: Receipts, 20S,157; ex- ports, 120,11.
 Total for season: Receipts. 2.45s,655; exports, 1,545,750
The Birmingham age-herald., 1917-11-17

fore, 1,O06O00. Interior stocks in excess of August l, 4S5.JG0; interior stocks in excess last year, 735.009; interior stocks in excess year before, 703,oO0. Foreign ex- ports for week, 120a00: foreign exports same seven days last year 15S.0oO; foreign exports same seven days year before l32, GO; foreign exports for season, 1,546, ,Ou0; foreign exports same date year before, l.0lS.Ooo. Northern spinners' takings and Canada for week, 106,Oo9; northern spin ners' takings and Canada same sexen days last year, 1260oo; northern spinners' takings and Canada for season. 706.o00: northern spinners takings and Canada to same date last yer, 1,0S7,0O
The Birmingham age-herald., 1917-11-17
Flour and Feedstuff

Flour and Feedstuff Michigan Patent Flour-S12.30. udaho Patent Flour-$11. 80. Tennessee Patent Flour-$11.55. High-Grade Self-Rising Flour-s11 so. Medium Grade Self-Rising Flour-s11. .G5. Hard Winter Wheat Flour-$12 .05. Perfection Cornmeal-$3. S5 per 96-pound sack
 Hen Feed-s3.96 per 1OO-pound sack. Mixed Horse and Cattle Feed-sS4q6o. C. s. Meal per cent-$52. Cremo Feed Meal-s42 Old Style Hulls-S25. Lintless Hulls-$16. Gray Shorts-$56. Wheat Bran-Sn. Corn-$1.73 Corn Chops-$4 No 2 White Oats-S5c bushei Wheat-$4 per 00-pound sack. Choice Pea-Green Alfalfa-S8 per ton. Choice Timothy Hay-S3S. No. 1 Timothy Hay-$S per ton. No. 1 Johnson Grass-sz3.
 Fruits and Produce Cocoanuts-Sc each. Bananas-Large $2.5013. Fresh Peanuts-12c ib. Oranges-California S4.5O Limes-Imported, 9ocQsl. California Malaga Grapes-s1.75 .759l.YO. Colorado Celery-9Oc doz, s5 crate. Cranberries- S3.25 per cate; s15 barrel. Snap Beans-s3 hamper. Florida Oranges-s4.5o box. Lemons-S5. Grapefruit, S45O. Garlic-121ac ID.
The Birmingham age-herald., 1917-11-17
w. E. CAMPBELL

Member NJ enns Gotten Exchange. Cerresg:nS of shepard < Ginsk. COTTON. STOCKS AND GRAIN Continuous Quotations
 Direct Wires
 Sos-S Woodward Bldg.
The Birmingham age-herald., 1917-11-17
Interior Movement

Houston: Middling, 27.6oc; receipts, H.
 4OS shipments. 6647; sales, sos; stock.
 1S9, 064.
 Memphis: Middling, 29c; receipts. 975S; shipments, 11,201; sales. 1850; stock, 179,-
 79O. Augusta: Middling, 2S.25c; receipts, 1888;
 shipments, 69s: sales, 1885; stock, 126,4S6. St. Louis: Middling, 29c; receipts, 9SS6, shipments, 9645; stock, 5O53. Cincinnati: Receipts, 495; shipments. 16S; stock, 16,7S4 Little Rock: Middling, 2S.25c; receipts, 2174; shipments, 1864; sales. 1864; stock. 36,333. Total today: Receipts, S5,194; shipments, 29,723 stock, 555, 460
The Birmingham age-herald., 1917-11-17
Metal Market

New York. November 16.-Metal ex- change quotes tin strong; spot, 72c bid; lead, quiet; spot, 6.37c. Spelter, firm; East St. Louis spot, s7.75@S.00. At Lon don: Copper, spot, G110; futures, E1lO; electrolytic, G125. Tin: Spot, s276, 1Os; futures, G275, los. Lead, spot, GS0. 10s; futures. %, los. Spelter, spot e54; futures $50.
The Birmingham age-herald., 1917-11-17
Cash Grain

Chicago, November 16.-Corn No yellow nominal; No. yellow S2.s5@ 2.4O; No. yellow, nominal. Oats No. white 66A @6sc; standard. s64 O CSC.
 Rye No. 2, s1.so@1.soh; barley, s1.1oD l.S5; timothy, s5.00@7.5o; clover, s20. .00
 026O0 Pork, nominal; lard. s2795@ 2S05; ribs. nominal
 St. Louis, November 16-Corn No. 2
 SYST No. ? white, s1.9s; December
 s1.24 %' May, s1.16ss. Oats higher; track
 No, ?, 69@69%c; No white, roc; De
 cember, 67ssc; May, 65Mc.
The Birmingham age-herald., 1917-11-17

breaks. The close was at lowest levels
 of the day, a net loss of 29 to il points.
 Shepard & Chuck.
 New York-The buying of stocks yes- terday was reported as better than the offerings. The market has had drastic liquidation of speculative accounts. and lit appears as if forced selling is now small. It looks as if present level of trading would be maintained for time Hudson
 Chcago.-The winter wheat crop al- ready will exceed 100000 acres. In some of the southwest, they are still seeding, mainly in Texas and Oklahoma. The seeding in the dry districts of vest ern Kansas is reported as finished. Wagner.
 E. r. Hutton & Co.-We continue our advice that purchases are inadvisable at this time.
 Carpenter.-It would seem the part of prudence or wisdom to take profits and wait for setback.
 Over s. R.. Stewart & Co.'s Wire New York, November 16.-Like last week, the market completely ignored no improvement in the daily reports on exports. The census showed that 695,000 bales of cotton and linters were consumed during October, which indicates a domestic consumption, if the average of the first three months is kept up, of nearly 8,000000 bales. It was plainly evident that should we use this much cotton at home, exports need not be at all large in order to use up this seasons probable growth. Mill and warehouse stocks are far under last year, and a million more spindles are working on cotton than a year ago. n0f har hu Jcl, statement since these reports were in augurated by the census bureau, but the response was naturally limited be- cause of the present prices, which dis count great deal: and because of the marginal restrictions.
 There has been a moderate reaction from the high. but the market shows no weakness. Spots in the south are still being firmly held in many sections for 30 cents, but there were, of course, oc- casional reports that holders are be-
 coming more willing to sell. While general conditions may war rant higher prices ultimately, we feel that this level discounts all bullish
 factors.-E. r. Hutton & Go.
 New Orleans-Absolutely no news
 from abroad Important developments
 evidently pending.
 Bearish weekly statistics today, small SAPol to anu lCoS illll taklnSS than last
 year. With straddle short interest in
 distant positions forced out by the
 rapid advance, and differences between
 positions strengthened out, chances are
 that there will be less buying power
 and the market more in favor of reac-
 tion.-Kofler
 Chicago, November 16-Corn There
 has been sufficient scattered demand in
 corn, instigated by the action of oats,
 to absorb considerable selling attrib-
 uted to eastern interests Market has
 been nervous throughout the day, clos.
 Ing With rather firm undertone. Con-
 signment notices from Iowa are in-
 creasing, but the movepent is still be-
 low what is necessary The only de-
 mand for old corn is from chicken feed
 dealers. Demand for new corn is con-
 lined to industries and dryers;: quality
 being too poor for shipment. Inade-
 auate transportation Notifications
 son & McKinnon