davidaulloa/AmericanStories huggingface dataset:
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1917-03-09
81 $780, ,282 FOR EDUCA-
TIONAL INSTITUTIONS

Appropriations totaling $3.50, ,262
for buildings and maintainance at the
state educational institutions are CON
tanned in house bill 316, passed by
the lower house of the Legislature
last Saturday. There was no fight
on the bill. the vote on 1t being
Unanimous.
Fhis total includes the sums the
state will appropriate to the institu-
tions from the @neral fund and tho
sums they will expend from their own
incomes. The bin provides they must
turn their own incomes into the state
treasury and then draw them out
again, by warrants which are to be
passed upon by the state board of ex-
aminers.
That clause in the bill Is expected
to make public the sums of money
spent by each institution in addition
to the appropriations from the gen
eral fund. 1t Is also expected to give
the state double check on the ex-
,penditures for edueational purposes.
A bill carrying appropriations for
these institutions. introduced some
weeks ago, set forth the actual sums
Of money to be given them by the
state. It was later replaced with
house bill 316, which sets forth the
total sums to be spent by the insti-
tutions, both from the general fund
and their own incomes Here are ac-
tual appropriations to be made by the
state. from the general fund
The Birmingham age-herald., 1917-04-22
SHARP RALLY IN
 COTTON MARKET
Weather and Crop News Fa- vorable, But Short Inter-
 ests Had Accumulated

New York, April 21.-There was sharp rally in the cotton market today. Weather and crop news continued very favorable, but it seemed that a consider able short interest had accumulated on the recent sharp decline. and prices ad- vanced on covering for the over the week. July contracts sold up to 19.49c, comparing with 1S.9Sc, the low level of yesterday. and closed at 1939c, with the general list closing very steady at net advance of 26 to g points.
 The market opened steady at decline of 1 point on May, but generally to tered selling on the outlook for continued good weather in the south for over Sun day and the favorable character of week. end crop reviews. This caused some lrregularity right after the call, but 1t looked as though weak long accounts had been pretty we'll liquidated earlier in the week, and the market soon turned firmer on continued covering. Reports that southern spot holders were unwiI ling to follow any further decline seemed to stimulate the demand late in the morn
  tober to 1S 35c with active months show ing net gains of 32 to 37 points. The close was shade off from the best under realizing. The bulk of the buying was attributed to covering owing to the firmer technical position of the mar ket, but there was also little demand from trade sources. This may have been partly responsible for the reports of better tone in the spot market. There was some discussion of reports that movement was on foot to divert vessels from the coastwise trade to the trans atlantic routes, but rumors of higher ma- rine war risks tended to offset these re- ports. Weekly reviews of the goods trade read on the average, Fall river sales for the week being estimated at 1S0,oO0 pieces, while the market was reported strong with prices unchanged to 1sc higher. According to London advices British merchant shipping is now being turned out at the rate of 100000 tons 1 year. Place rumors were again in cir culation, but seemed to attract very l1t- tie attention from a market standpoint.
The Birmingham age-herald., 1917-04-22
GRAIN AND PRODUCE

Chicago. April 21.--Wheat prices un- derwent sharp setbacks today in fluenced to considerable extent by news of serious disturbances in Ger many and by unconfirmed rumors of revolutionary outbreaks in Hungary and Bulgaria. After fluctuations which covered range or 1Ohc. the market closed unsettled, 1 B @5hc net lower. with May at 2.31c and July at $1.9S% @1.9S%. Corn lost, 2A Q4s4c and oats 1z@11sc. Provisions finished unchanged to Sc down.
 Indications of great unrest in Ger many gave evident emphasis to bear ish sentiment at the outset in the wheat trade and inclined dealers to attach more credence than would oth- erwise be the case to rumors regard ing Hungary and Bulgaria. Decreased buying interest and a disposition of numerous holders to sell out will be ascribed also to federal diligence to- ward gaining control of the food situ- ation. Besides efforts of board of trade officials to curb undue speculation in- tended to prevent new upturns in values. It was said. however, that as action of the directors of the board in setting official marginal prices of $1.S5 for July and $1.65 for September was not to be construed as determining in trinsic values.
 Weakness was most acute in the May delivery and in this connection leading authority said hysteria, such as laying in household supplies of flour, was materially abating. Week. end adjustment of trades rallied the wheat market at the last Corn was governed chiefly by the bearish action of wheat. There were some signs of a loosening of the car scarcity and rural offerings of corn for 10 to 15 days shipments were said to be larger.
 Oats showed relative steadiness as result of the purchase of 1000 600 bushels, said to be for the British commission.
 Provisions weakened with corn. T. was said. too that cash demand had dropped off.
The Birmingham age-herald., 1917-04-22
WEAKNESS MARKS THE STOCK MARKET Heaviness Characteristic of Market During First Half
 of Trading Period

New York, April 21.-Heaviness border ing upon acute weakness marked the first half of today's brief trading ses-- sion, with irregular rallies on short cov- ering at the close. Dealings were vir- tually meaningless, the turnover amount ing to barely 25O,OOO shares.
 At the outset there was resumption of professional pressure upon munitions, equipments and associated issues, Bethle- hem Steel, new and old shares, falling 21s to points, with 1 to for Sloss-Shef- field and CrucibIe steels, shippings, mo tors and leading metals.
 Industrial Alcohol, Pittsburg Coal and New York Air Brake yielded 3 to 4 points, the latter, however, making full recov- cry.
 Utilities, notably gas shares, were re- latively active, Ohio Gas reflecting fur tier realizing for profits at gross decline of 41A points
 Rails were irregular, to heavy. Lehigh valley losing point, with fractional re- versals in other coalers, transcontnen- tals and New York Central the latter failing to respond to it's very excellent annual statement.
 There were desultory dealings in minor specialties, mainly at concessions, but these were thought to denote nothing more than the customary weekend set clement of outstanding contracts.
 The days budget of general financial developments bore mainly upon reveal ing market uncertainties, especially the likelihood of war taxation. In mercantile lines widening of operations influenced by war conditions and improved crop prospects was reported.
 The weekly bank statement upset all calculations, the actual cash loss of less than SIP, coo, GOO 6eing far below the ex- cess to about s121, 100000, loss of more than $40000,O00 since the early part of the month.
 Today's nominal operations in bonds were .of the usual irregular character with total sales, par value, of $5,575OOO.
 Moderate increase of activity in United States government bonds during the week was also wholly at concessions, those is- sues. together with Panamas, losing from 1 to 3h per cent on call
The Birmingham age-herald., 1917-04-22
Shepard & Gluck,s Cotton Letter.

CReceived over w. E. Campbells pri- vate wireD
 New Orleans. April 21.-Moderate buying gave the cotton market Q steady feeling today. Sellers of the week were inclined to take profits and found none too great quantity of contracts to supply their demand. It looks very much as if on any sudden buying movement in the near future shorts are going to put prices up on themselves.
 A few light showers were reported in Texas. but there was little in the weather news to stimulate selling The outlook is for fair weather for the en- tire belt over Sunday Temperatures again are too low over the cotton re- zion as whole and indications are that they will continue low in the eastern belt. In word. the season still Is backward.
 Less apprehension was felt today concerning the matters of government regulation of commodity markets and shorts were more inclined to deliberate on the way spots remain at a wide pre- mium on cor tracts. In our opinion this is the mos important feature of the situation, nd if spots do not weaken during the next few days we see TO way to hold contracts down, especial ly with the large short interest which the market now holds. Purchases at present levels or on any further re- sessions should prove profitable.
The Birmingham age-herald., 1917-04-22
New York Futures
Port Cnftnn Market

New Orleans: Middling, 19.19c; re- ceipts, 2610; sales, 900; stock, 3S9,S79.
 Galveston: Holiday; receipts, 2294; stock, 245,276.
 Mobile: Middling. 1s.5oc; stock, TITS. Savannah: Middling, 1s.75c; receipts, 14S6; sales, 500; stock, 142,146.
 Charleston: Receipts, 4S5; stock, 35,- 1s1.
 Wilmington: Middling, 19asc; re- ceipts, 32; stock 54,253. g
 Texas City: Stock. 19,3s4.
 Norfolk: Middling, 1s.3sc; receipts, 257S; sales 22e; StocA 111,051.
 Baltimore: stock. 34,666.
 Boston: Middling, 1s.S5c; receipts, 636; stock. 11,004. Philadelphia: Middling, 2o.40c; stock, 429O. New York: Middling, 2o.15c; stock, I97,46S. Minor ports: Stock, 16.403.
 Total today. Receipts, 10121; stock, 1,118,179.
 Total for week: Receipts, 1O,121
 Total for season: Receipts, 6,463,S91; exports, 4,533,320.
The Birmingham age-herald., 1917-04-22
Ayery's Letter

A technical position favorable for an advance; a letup in Texas rains. which have not so far relieved the drouth in the south and southwestern parts of the state. and the failure of spot prices to break. brought about an upward move in the cotton market to- day.
 Yesterdays week end figures, which were bullish, and the failure of the market to stampede under the bear drive of yesterday. run many shorts to cover today.
 It is not known whether Livermore covered. If not. this is a potential buying power of at least 10000 bales of short cotton.
 I understand there Is still short interest of nearly 10000 in Mays, call cotton, which will doubtless soon be covered. On the whole, the outlook Is favorable for a further advance. To my friends I wish to say If you want to buy it. do it now. Don't wait until 1t has advanced a cent.
 c F AVERY
The Birmingham age-herald., 1917-04-22
Bonds
Live Stock

Chicago April 21.--Hogs: Receipts, S500 hogs at yesterdays average. Bulk s15. 456D 15.4o; pigs, s1O@13.95.
 Cattle: Receipts, 300; market slow Ma tive beef cattle, $9@13.25; stockers and feeders, S.15@9.9o cows and heifers, $56O ell; calves $S S.50312.75.
 Sheep: Receipts, 1000; market steady. Wethers $11 .60012 80; ewes, $9.25Q12 50; lambs $12016.
 St. Louis April 21.-Hogs: Receipts, 37oo; market lower; quality poor Lights, sl5.40 @15.75; pigs, s10. 75Q14.50; good heavy, s15. s5@15. 90; bulk, s15. 50015.S5.
 Cattle: Receipts, 150; market steady Native beef steers. $7.50113; yearling steers and heifers, $S .5o@12; cows. ~$6@11; i; stockers, $6@10.0 o.
 Sheep: No receipts: nominally steady.
 Kansas City, April 21.-Hogs: Receipts, 800; market steady. Bulk, $15. .20Q15 80; heavy, $15. 70Q15.90; light, $15015.60; pigs. SIP. .50114 50.
 Cattle: Receipts, 300; market steady Prime fed steers, $126p12 .S5; dressed beef steers 50 .25G12; southrn steers, SS .50011. .25; 1; cows, $650@1O.70; heifers, S9@11 50; stock ers ss@11; bulls, s7.5oQ1o. 25; calves, $s@ 1925
 Sheep: Receipts, none; market sready. Lambs, SIP. 25@15. 80; yearlings. $13@14 .25; wethers, S12@13. 25 ewes. $1Q1S
The Birmingham age-herald., 1917-04-22
Coffee Market

New York. April 21.-There was renewed liquidation in the market for coffee fu- lures today and a further decline in prices. Reports that no duty was likely to be placed on coffee unless such action should become absolutely necessary, ap- peared to be partly responsible for the selling. The market opened at a decline of to 9 points, with active months sell ing about 10 to 16 points net lower, with July touching SC and December S.30c, com pairing with S.75c and 975c the recent high level. Closing prices were a shade up from the lowest on covering, but showed a net loss of 9 to F points. Sales. 71,250. Closing: April, 7s2c; May. 7s5c; June 7.94c; July. S04c; August. S1Oc; Sep tember s.16c October. s21c; November. S29c: December S.35c; January, SAC; Feb- ruary. 8.4Sc; March, S.55c.
 Spot coffee dull: Rio 7's, Toe; Santos As. 1014c. Few cost and freight offers Were reported in the rarket, but those here were said to be a shade easier with san tos As quoted at 9S3c London credits
 The official cable reported a decline of 75 reis at Rio. Santos port receipts, 19,- eco; Jundiahy. 7O0o.
The Birmingham age-herald., 1917-04-22
Cotton Goods Market

New York, April 21.-Government re-
 quirements for cotton goods are the irn- portant feature of the market, the call for commercial needs being called to meet proportions. Army and navy departments are calling for millions of yards of cot ton duck, twills, sheetings, and cloths for hospital purposes. Up to the present time these requirements are being met without the expected strain upon production, most mills being quite willing to give prefer ence to any government demands. The prices the government is paying are not as high as those reached in some trans actions for civil uses. In order to facli- tate production restrictions as to exact specifications are being modified. Print
The Birmingham age-herald., 1917-04-22

few rains in Texas, noted by the weather map. Bullish traders considered the moisture was more than balanced by the low temperatures prevailing over great part of the cotton region. The buy ing. which started on the decline, met with scanty supply of contracts, shorts became nervous at the underlying strength of the market and considerable activity gradually developed. The high est levels were reached late in the day.
 A bulilsh influence was the report of serious internal troubles in Hungary. Ca blegrams from England telling of an in- crease in British government insurance rates on cotton, while regarded as bear ish, had no effect on values. The new rate was said to be five guineas per cent as against the former rate of three guineas.
The Birmingham age-herald., 1917-04-22
Interior Movement

Houston: Holiday; receipts, 17S1; shipments, 41SS; stock, 115,390.
 Memphis: Middling, 19.75c; receipts. I175o shikments S192; sales 225; stock, S19,294.
 Augusta: Middling, 19.75c; receipts, 756; shipments, S06; sales, 96 stock, 93,791.
 St. Louis: Atiddling, 19S7c: receipts, S4S; shipments, 762; stock. 33,2S2.
 Cincinnati: Receipts, IS; shipments, 214 stock, 1S,962.
 Little Rock: Middling, 1950c; re- ceipts, 356; shipments. 6So; sales, 6S0; stock, 30,056.
 Total today: Receipts, 5539; ship ments, 9S42; stock, 610775.
The Birmingham age-herald., 1917-04-22
Hubbard Bros. & Co.'S Letter

New York, April -(Special.)- 1.-The market today marks a natural reac- tion from the depression of yesterday and the decline of the past fortnight On the break yesterday the spinners picked up some contracts against for ward sales On the contrary, advices from the middle west report a check in the distribution of goods and two large shoe plants in the east have shut down on account of high price for shoes, checking distribution. People seem impressed with the danger of a food famine and are curtailing ex- penditures. The local trade feels that while southwest Texas had rain they could have more. Altogether the traders thought a reaction was due and that the recent liquidation justi- fled an improvement
The Birmingham age-herald., 1917-04-22
SEVEN

cloth and other markets have been less active. but prices hold very firm and mills are fully employed on contracts that will run along for sometime to come. Colored goods rule as firm and as high as at any time. Retail trade is slackening, especial ny on high novelties and fancy goods yet the demand for staples of many sorts Is very broad. Producing costs are rising, because of the labor conditions and the high prices of supplies. Disarrangement of transportation facilities is also tending to force the trade to new conditions.
 Prices quoted are as follows:
 Print cloths 2S-inch 6lx6fs. 6c; 84xs0s, 55kc; 3slz inch 64x6fs, Sc; brown sheetings. southern standards 12ssc denims, 2.2Os, indigo, 21izc; tickings, S-ounce, H5zc: prints. 91ke; staple ginghams, 101zc; dress ginghams, 135zc.
The Birmingham age-herald., 1917-04-22
Produce Market

New York, April 2l.-Butter unsettled; receipts, 6l54; creamery, higher than ex- tras, 45d451kc; creamery extras, 92 score. 44lac; firsts, 4S1e@44c. Eggs, unsettled: re- celpts, 3l,773; fresh gathered extras, 361ac; fresh gathered storage packed, firsts, S5@ 96c; fresh gathered firsts, s3A@94l4c Cheese firm; receipts, 5S7O; state fresh specials, 25A@26c; do average run, 251sg 25Ac. Live poultry firm; fowls, 26c; tur- Keys, 2Oc. Dressed quiet; chickens, 2Sd31c; fowls, 211aQ271sc; turkeys, 1S@9ic.
 Chicago April 21--Butter lower: cream cry, 39@44c. Eggs, receipts, 35,557 cases; market unchanged. Potatoes: receipts, b ears; market unchanged Poultry, alive lower: fowls, 211s022c
 St. Louis, April 21.-Poultry. butter and eggs unchanged.
 Elgin, Ill, April 21.--Butter, 20 tubs at 431Rc; 25 tubs at 44c
The Birmingham age-herald., 1917-04-22
Atlanta Reserve Bank Statement


 Atlanta. April 2L-The statement of re- sources and liabilities of tn federal re- serve bank of Atlanta, at the close of business April 20. 1917. follows: Resources-Gold coin and certihates in vault. s6,12s. .561 .2i; gold settlement fund. s. .631, ,000, gold redemption fund with United States treasurer SS45, ,329 %; total gold reserve. $12,61},S ,S9o. 50 Legal tender notes, silver, etc, Si6,503 75; total reserve, s13, 4S1 ,39I25. National bank notes and notes other than federal reserve banks. $S62. 705; bills discounted, members, S,S61, s3l .6l; members banks collateral notes. S270,OO0: acceptances bought. s2.5Ss. 41S.1s; United States bonds. SG72000; one-year treasury notes, S1, 491, GO0; United States certificates of indebtedness. $l,50o.0o; mu nlcipaI warrants 200; total earning as- sets, $s. s.365, 40. n; due from other federal reserve banks. net, $99,231.42; uncollected items, $s,8l0020. .95; all other resources, s466 110.64; total resources, $3l, ,SS4, 913.o3
 Liabilitles-Capital paid in. s2,17.soo; government deposits, 3,02o. 457.33; due to members-reserve account, SIS, <7s, 1S4.5S; collection items, s5.17s, GOA. ss; federal re- serve notes, net, s2,001, ,950: due to other | federal reserve banks. net, s737, ,326 A; total l liabilities, $31,s34. 91303.
The Birmingham age-herald., 1917-04-22
Sugar Market

New York, April 21.--The local mar ket for raw sugar was quiet and un- changed. There were sales of 15,000 bags of Cubas late Friday for May shipment at 5asc, cost and freight. equal to 5.39c for centrifugal but for further sales were reported today, all though the under tone was steady and the offerings were light.
 The market for refined sugar was firm with most of the refiners still out of the market. One was taking linn
The Birmingham age-herald., 1917-04-22
New Orleans Futures
New Orleans Cotton

New Orleans. April H.-Pronounced strength was shown by cotton in today's market and a fairly wide advance was established on the efforts of short sellers of the week to realize profits. Opening at a decline Of ' to points the loss was quickly wiped out and replaced by a net advance which, late in the session. amounted to 27 to 90 points. The close was at net gain of 25 to 2S points.
 The initial decline appeared based on
The Birmingham age-herald., 1917-04-22
Metal Market

market has remained very quiet dur ing the week with the tone unsettled and prices easier. Electrolytic for spot and second quarter delivery was quoted nominal today at prices ranging from about $29 to $31, while quotations for third quarter and later deliveries ranged from $25 to s3O. Iron was firm and unchanged
The Birmingham age-herald., 1917-04-22
Cotton Seed Oil

New York, April 21.--The cotton seed oil market was easier at the start in sympathy with grain and lard, but a more active demand developed on the decline and prices rallied, closing 5 points net lower to 3 points higher. July sold from 15.45c to 15.53c and closed at 1551c. Total sales were 16,- 300 barrels Prime crude. 13.G0c. Spot and April, 15.O0@15.5oc; May, 15.45@
The Birmingham age-herald., 1917-04-22
Flour and Feedstnff

Michigan patent flour S1515; Idaho patent flour S14. 15; Tennessee patent flour, s1S95; medium grade self-risng, s13.95; high grade self-rising, $14.15; hard win ter wheat flour, $13.65; spring wheat, $1375; cornmea1, ss.e4 per 96-lb. sack; hen feed, s3.45 a sack; mixed horse and mule feed, $43@53 71h per cent c. s. meal, $40; Cremo feed meal, s30; prime c. s. hulls, s23; lntless hulls, sl5; gray shorts, s52 velvet bean meal, sS5; ; wheat brand. $4S; corn, s1S5; corn chops, S3.45; No. white oats, per bushel, 9Sc; wheat, per 100-lb. sack, s3.5O; choice pea green alfalfa, per ton, $34; southern al- falfa, per ton. S29: choice timothy hay, per ton, $2S; No. timothy hay, per ton, s27; No. 1 Johnson grass per ton, S2l
The Birmingham age-herald., 1917-04-22
MORRIS AVENUE

Saturday found the wholesale dis trict rather quiet as to price changes, salt meat going up a fraction.
 Fish is rather scarce. some small shipments only coming in. Poultry re- mains high and supply limited.
 Cotton and iron have remained un- changed the past week with good de- mand.
 Local green stuff is beginning to come in. which is lowering prices along these lines a little.
 Quotations were as follows:
The Birmingham age-herald., 1917-04-22
Naval Stores

Savannah, April 21. - Turpentine firm. 461sc; sales, hS; receipts, 95; shipments, 27; stock, S94S. Resin firm sales, 39s; receipts 434; shipments, 112; stock, 94,s27 Quote: A. B. c, D. $5.65; E, s5.7O; F, $5.721a; c, s5.75; H. $.S21s l. $5.S5 K, M, $5.9O; N, s6.0o VIC, $6.10; wv, s6.15.
The Birmingham age-herald., 1917-04-22
New Orleans Spots

New Orleans. April 21.-Spot cotton
 quiet, points off. Sales on the spot, 400; to arrive. 300. Good ordinary, 17S1a; strict good ordinary, 1S31c; low middling, IS ,S1c strict low middling, 19c; mddling, 19 919c; strict middling, 19. 3Sc good middling 1 19. .56cs strict good middlng, 19.74c.
The Birmingham age-herald., 1917-04-22
Mercantile Paner

New York, April 21.-Mercantile pa per, IA @41a per cent; sterling, 6o-day bills, $4.72; commercial, 60-day bills on banks, $4.72; commercial, 60-day bills, s471%; demand, $47565; cables, $4.76 7-16 Francs, demand, 5.71A; ca bles. 5.70lh. Builders, demand, 40A !; cables 40%. ires demand, 6.94; cables, 6.93 Rubles, demand. 2s.5S; cables, 2S.65. Bar silver 74%c; Mexican dol lars, 57s4 c. Government bonds steady; railroad bonds irregular.
The Birmingham age-herald., 1917-04-22
Rice Market

New Orleans, April 21.-Rough and clean rice continued strong and in good demand today. Receipts: Rough, 15S2 sacks; millers, 15S2 sacks; clean, 13,O2O pockets. Sales: Clean Honduras, 2671 pockets; Japan, 3S pockets; Blue Rose, 1874 pockets. Quotations: Clean Honduras, 6Q71c; others unchanged
The Birmingham age-herald., 1917-04-22
Chicago Grain

red Nos. ? and hard, nominal Corn, No. yellow, $1.48@1 .51: No yellow, 1.4S@1 50; No. yellow, $1 .471Ad1. AS. Oats, No. white nominal; standard, 6S1s@ 6914c. Rye, No 2. s1.95; barley, $1 .2OQl1 .52; ; timothy, $5Gl6 clover, $12917 Pork, S36. 52; lard, s20. .75@2O 80; ribs, s19 250D19. .75
The Birmingham age-herald., 1917-04-22
Fruits and Produce

Oranges-Florida, $S@S5O Oranges-California s3.75. Lemons-California, $4Q4.50. Lemons-Imported, $450. apefruit-Florida $4. Cranberries-Barrel, s9. Potatoes-Irish, bu., 8. tatoes-Sweet, bu., g. Onions-Red Globe, h., 12c. Onions-New Texas, $450 Cabbage-Florida, crate, s6 Turnips-Pound,4 4c.
 Beans-String, hamper, $3.25. Squash, crate, $3.
 Apples-Wine Sap, $7. Limes-Imported, SIPS.