davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1917-04-29
ADVANCE FOLLOWS
 OPENING DECLINE
General List in Cotton Mar ket Closes Steady With
 Good Net Increases

New York, April 2S.-An opening de- cline was followed by rather an excited advance in the cotton market today with July contracts selling up to 19ssc to 2O26c. and closing at 2O.2oc. The general list closed irregular at net advance Of 20 to S6 points
 There was scattered selling on the opening decline of 5 to Ii points owing to reports of good rains in the southwest. About the only weather complaints re- ceived during the past week have been based upon reports of rain in parts, of Texas, and it seemed the impression this morning that the drouth had been re- lieved. The rains, however, were accom- panied by lower temperatures than were considered desirable, and the market very suddenly rallied on renewed covering. There was also further trade buying of new crop months supposedly against for ward requirements, and it seemed that there were very few contracts for sale around the ring. At any rate, prices shot up rapidly, with May selling up to 203Sc, and October to 1933c in the late trading, when active months generally showed net gains of "A to 36 points The close was a shade off from the best on most positions under realizing. Except for the low temperatures in the belt, un- certainty as to the acreage, the compara- lively sharp falling off in the visible sup ply, figures for last week and reports of large pending government orders in the goods markets there appeared to be nothing in the news that was particularly emphasized on the advance. The techni- cal position of the market, however was considered firm and when shorts turned to cover they evidently found 1t very sensitive to buying orders Reports that the government had decided not to accept war risk insurance on sailing vessels to the war zone appeared to emphasize the activity of submarines, but evidently failed to create sentiment. Weekly re- views of the crop indicated good weather and one of the private reports showed a fair increase in acreage in Arkansas. An inclination to increase acreage was also reported in Tennessee, but the crop was reported late in both states. Fall River sales for the week were estimated at 150,o00 pieces against 160,0O0 last year. A good demand was reported for cotton yarns to be used in the manufacture of duck.
The Birmingham age-herald., 1917-04-29
Shepard & Gluck's Letter

(Received over w. F. Campbells private
 wire9
 New Orleans, April 2S.-Short covering in volume and fresh buying for long &C., count of the best character made very steady market for cotton on the week end session At the outset there was sell ing on the general rainsgin Texas, which once for all have broken the drouth, but the prediction of much colder weather over the belt bringing the fear with Sit that damage would result to young cot ton created a buying wave which put prices up sharply.
 Intensifying the effect of weather con- ditions were reports of a better demand for the actual stuff and higher prices. An active market result here after hours Friday from the efforts of buyers to fill their requirements.
 The large New Orleans stock is again attracting attention, but large as it is, buyers are not finding any bargains; they are paying full prices for everything they get Sales officially returned today were the largest in months the total turn over being something over 5000 bales while prices were up a dollar bale.
 The market every now and then feels bear pressure. but In the end the fact that supplies are small and that the new crop does not hold out promise of large yield always govern the course of mar kets. While we think that caution Is advisable in following advances. yet we think purchases are safe on all the reces- sions.
The Birmingham age-herald., 1917-04-29
Reserve Board Statement

X Washington, April 2s.-Total resources of federal reserve banks increased ap- proximately s37ooO,oOO since the last weekly statement and have passed the $l,0O0, O0O0O0oo0 mark, reaching s1,023, ,5S9,- 600, The statement of the banks condi- tion April 27 shows:l
 Resources: Gold coin and certificates in vault, $911, ,79S,0 900. Gold settlement fund $207, ,920,000 Gold redemption fund with United States treasury, s2,51S, ,OO0 Total gold reserve s522, 136,000. Legal tender notes, silver. etc, $30, ,340,O OO0 Total re- serve, $552, ,576, 000 Five per cent redemp- tion fund against federal reserve bank notes, S400,G00 Bills discounted, mem bers. $35, ,043, 000 Acceptances bought, $71,- 400,0o0. United States bonds. sS6, ,2Ss coo One-year treasury notes, 1928, ,450, GOO United States certificates of indebtedness s5S. 145000. Municipal warrants, s14.999. GOO. Total earning assets, s239 100000, Federal reserve notes, net, s20622, OOO. Due from other federal reserve banks, net, S132, eco. Uncollected items, $904,S42, 900. All other resources, $5,75 GOO. Total resources. $1,- $23, 5S9, GOO.
 Liabilities: Capital paid, s56. 4o9, ,OO0 Gov ernment deposits, s99 96S9, 900. Due to members reserve account, $7l9, ,7S5, ,OO0 Collection items, SIPS. s.os2, GOO Federal re- serve notes. net, s1S226,O00. All other lia- bilities, $44S.0 .00o. Total liabilities. s1,023.- 5S9000. Gold reserve against net deposit and note liabilities, eS.6 per cent. Cash reserve against net deposit and note ia- bilities, 72.5 per cent. Cash reserve against net deposit liabilities after setting aside 40 per cent gold reserve against net Iia- hilities on federal reserve notes in circus lation, 73 per cent
The Birmingham age-herald., 1917-04-29
Days of the Clipper-Ship


 men," by w. J. Awkward, in Scribner.
 Along comes Jack, steering bit wildly In this tempestuous sea of humans, fresh from Cherry street, where he has no doubt been cleaned out of pocket. Alone and in his condition he is pretty certain to find himself outward bound on the morrow in strange ship bound he knows not whither. Essentially man of the sea, he is mere child in the hands of the harpies that prey upon his kind ashore. Contrasting with him are three blue-eyed and fair-haired Norsemen, sturdy, bronzed fellows; secure aloft in blow, but i'll at ease on the city pave ment. they pause and gaze into the win dows of the shops and discuss in their native tongue the wonders of a strange land. Each cleanly barbered smoking big cigar and carrying a paper bundle or two, it scarce needs the squeaky boots to mark the careful provider.
 Then tall young man with lighter tread heaves in sight. His color marks him a seaman too, and his erect bearing betokens the man of authority. On his broadcloth sleeve a sweet little woman rests a tiny hand. They are fresh from
The Birmingham age-herald., 1917-04-29
Produce Market

New York April 2s.-Butter firm CT; receipts, 6235; creamery, higher than extras 41H 0Q42c; creamery eX- tras, 92 score, Ale; flrsts, S91s O 40 1ac; seconds, STE c S9c. Eggs, firm; re- ceipts 14,S36 fresh gathered extras. s61hc: fresh gathered storage pack ed firsts, S5@36c: fresh gathered firsts, s314 @34c. Cheese, strong; receipls, 39S9; state fresh specials, 26a4 @ 27c: state average run. 26A @26hc. Live poultry steady; fowls, 22@23c; tur- keys, 17@1Sc: dressed. quiet; chick ems, 23@S Bic; fowls, 201A O. 26c turkeys, 20@35c.
 Chicago April 2S.--Butter. higher, receipts. 6651 tubs; creamery extras 3sc: extra flrsts, 37@S7kc; firsts, s51s m361hc; seconds, ,s32@32Rc Eggs, high CT: receipts, S4.92o cases. frsts, S1A Q 32&c ordinary frsts, s0A 831Ac; at mark, cases included 30M321ac Cheese unchanged. Potatoes, higher; receipts, 24 cars; Idaho, Colorado, Washington and Oregon $2.65@2.75; Wisconsin and Michigan, $250@ o.65, Poultry alive, lower; fowls, 221sc
 Kansas City, April 2s.-Butter creamery, 41c; firsts. 39c; seconds. Ssc: packing, 29c. Eggs. frsts, 31Mc Poul- try. hens. zoe; roosters, 16c; turkeys, 24c.
 St. Louis, April 2s.-Poultry. un- changed. Butter, creamery. 4oc. Eggs, 31Mc.
 Elgin. H., April 2s--Butter 75 tubs at SIC: 55 tubs at 3Sc.
The Birmingham age-herald., 1917-04-29

a visit to his new command. and if you wish to know the name of the greatest ship and the greatest captain in the world you have but to ask her. She Is such a pretty little thing in her green bonnet and voluminous skirts that you could not disagree with her even if you wanted to do so ungallant a thing.
 Next come two shipowners members of a solid firm well known in Hongkong and Melbourne. Their portly figures draped in rather pronounced checks, they tap their canes importantly as they pass and nod and shake their tall, white beaver hats while they discuss In guttural voices, reminiscent of sherry and many good dinner bottomry bonds and bonanza freights to -knows-whither And then Dennis relating to Larry what Liverpool Mike sez to Waterman" and what Wa terman sez to him" in the row aboard the Challenge, or did to him, rather-but the end of this enticing tale Is cut off by the sudden blast of a tug in long pent- up scream of steam, and the truck flying the blue peter few slips up river begins to move slowly out from among the many house-flags that surround 1t.
The Birmingham age-herald., 1917-04-29

dicted cold weather did not materialize in north Texas and Oklahoma; instead some rains were reported in those states; however. cold weather was scheduled over Sunday.
 The Journal of Commerce on Arkansas and Tennessee said: Notwithstanding the campaign for more foodstuffs acre age devoted to cotton would show fair increase. The start was reported as two weeks late in both states"
 The pyrotechnics in the grain market has resulted in a suspension of future trading in Winnipeg and Omaha. It will be well to remember armies have to be clothed as well as fed and the above may be straw showing which way the wind blows. While I do not anticipate any radical or confiscatory policy toward products of the soil if specuators run amuck there is bound to be govern mental regulation in order to curb 1t. Cotton. however, is in a separate class as regards it's intrinsic value and the cost of production of a pound of cotton has increased fully 100 per cent this being measured by the cost of the materials required to produce 1t. For instance, cash corn in Chicago last year was 74&c. Today it is worth sl.62 Oats were 44lae, now 743lc White meat last year was about 121ac, now from 2S to 25c. Flour last year $Z75 per barrel. today s1s.25 per barrel
 Mules, fertilizer harness, all agricul- tural implements have also increased in like proportion Therefore the logical reasoning is that if it is going to cost 100 per cent more to grow pound of cotton, the selling price should be 100 per cent greater. Let us see if 1t has in- creased in proportion. On April 2s, 1916 October cotton was selling at 12.10c, today it closed at 1S.71c. It should have sold at 2420c to have been selling at 100 per cent increase. New Orleans spot cotton sold last year on April 2S at 11SSc, today 19.57c. Based on the cost of replacing present stocks 1t should be selling at 2. .76c.
 There Is no getting away from these facts and the trend will be Inevitably toward reducing the disparity shown be- tween the cost of growing and the selb- ing price.
 Avoid the bulges in making purchases, but get yourself some cotton.
The Birmingham age-herald., 1917-04-29
GRAIN AND PRODUCE

Chicago. April 2s,-Feverish advances of 124s in the price of wheat here today were followed by a sudden collapse of l514 cents, owing largely to official de- nials that the entente allies had been pur- chasing future deliveries at Winnipeg, and because of action of the Winnipeg ex- change in prohibiting all speculative trade. A wild finish in the Chicago market resulted, with the market varying from 21sc under yesterdays close to 7c advance, with May at $2.74a2. .741a. and July g. .25@226; corn closed %c off to 1 cent up, and oats off l14@1Ac. Tn provisions the outcome ranged from 7c decline to an equal gain.
 No warning preceded the shock given to the wheat trade here by the news from. Winnipeg The first notice was a flash telling of 8 break ofb15 to 20 cents in prices on the Canadian exchange. Quota- tions here began to give way at once and continued in headlong descent for fully an hour half the maximum point of the break was reached. Meanwhile there had been an increasing wave or liquidat- ihS oolCo WllNH were duuCu to Dy news that in Omaha no more trades in May wheat would be cleared except the clos ing out of old contracts. In the last l5 minutes of the session weekend evening up of business led to something of a recovery, but the day ended with the pit in a demoralized condition.
 Uncertainty of wheat trades at the fin ish was due in a great degree to the fact that the recent great advance in Chi cago prices was based largely on the assumption that upturns in the Winnipeg market were due mainly to purchases for Great Britain and her allies. An im- mediate further stimulas to excitement and further higher had this inference from Washington and London dispatches that there was urgent need of rushing food supplies, especially breadstuffs to the entente countries. Tn violent con- trast with such views, however, the big fall of prices at Winnipeg was accom- panied by official announcement that no buying of Winnipeg wheat futures for the entente had taken place on the latest 40- cent advance and that the allies and suf- ficient at present.
 Corn broke sharply with wheat after having jumped with that cereal to higher levels. Trade was relatively small in corn, and the market had no independent action. Business in oats attained large proportions. but otherwise the cereal duplicated the course of other grain.
 Provisions, like other commodities, ad- vanced to fresh top records and then crumpled down. Fluctuations were main ly in sympathy with the changes in the other pits,
The Birmingham age-herald., 1917-04-29
CONCERTED SELLING 'OF LEADING STOCKS
Market Nervous and Unset tied During Greater Part
 of Yesterdays Session

New York April 2S.--The market was nervous and somewhat unsettled during the greater part of today's brisk trading period, buying of certain Issues being more than neutralized by concerted selling of the leaders, in- eluding United States Steel and rails.
 First quotations showed trivial de- clnes. prices soon hardening, how ever, under the impetus of sharp &demand for coppersi particularly Utah, and spirited rise in fertilizers, Atlantic. Gulf and West Indies Nand Industrial Alcohol. Strength of cop pers was in response to latest trade advices an advance of one-half to g full cent being reported in the refined metal for midyear delivery.
 Heavy selling of United States Steel and related industrials, feathers mos tors and oils forced the list back to initial prices, declines becoming more abrupt later on general offering of rails. Coalers were the first to yield, Lehigh Valley dropping 3 points. with for Delaware and Hudson. and 1 to 3 for Norfolk and Western, Reading and Chesapeake and Ohio. Pacifics and St, Paul also receded 1 to almost ? points, together with low priced is- sues notably New Haven and Missouri Pacific
 Short covering effected partial re- coyeries, steel making up more ground than most industrials and closing at ll5A A. a loss of one-fourth point. At lantic, Gulf and West Indies recorded net decline after it's early gain of "A points and Utah retained only a fraction of it's extreme rise of 2M points. Rails made little or no recov- cry, pressure in that quarter contin- ulng to the end. Bank reserves showed a further actual contraction or slight " more than s9.000,00O making a to- tai of about $52.O0o,OOO In the past three weeks.
 Railroad bonds tended lower with stocks. but internationals were more steady Total sales, par value, aggre- gated s1,7150 GOO.
 United States coupon 5s declined 1 E per cent; the registered As 1 per cent and the coupon As one-half per cent on call during the week.
The Birmingham age-herald., 1917-04-29
New York Futures
Port Cotton Market

New Orleans: Middlng, 1e57c: receipts, 2632; exports S141 stock, 32S,429 Galveston: Middling, 1990c; receipts 2927; sales, S042; stock. 2SS, ,439 Mobile Middling, 1s.75c; receipts. 55; sales, 5o stock, 60s4.
 Savannah AIiddling, 20.25c; receipts, S92; sales, 696 stock, 14S9l9.
 Charleston: Middlng, 20c; receipts, 14S stock, 31,S44.
 Wilmington: Middling, 2osc; stock 54,- ATS.
 Texas City. Stock, 1s,5o5
 Norfolk: Middling, 2o1Sc; receipts, b42; sales, 735 stock, 1O5.64
 Baltimore: Stock. 319O1.
 Boston: Middling, 2o.40c; receipts, PIP: stock, 10500.
 Philadelphia; Middling, 2o.soc; stock. 4415.
 New York. Middling, 2oe5c; receipts. POO; stock, 59614.
 Minor ports: Stock. 11,S11. - Total today Receipts. 7666; stock, 1o57.- 1S9.
 Total for week: Receipts, 7666. Total for season: Receipts. 6,520,7o0; ex- ports. 4,622,s56.
The Birmingham age-herald., 1917-04-29
Money making .opport tunity in .Gilpiin-E ureka

Opportunity never knocked harder at your door than it Is doing in this an nouncement. The progress of the world whether at war or peace depends upon the mineral producing industry. With out gold, silver, copper, lead and zinc, where would the world be today?
 If you want to make money, safely and quickly, select a good, established, min eral producing company. Purchase some of it's stock at the initial offering price. Put One Hundred Dollars or more in it. Salt the stock away and await the in- teresting and profitable developments. with an opportunity to double your money.
 The Gilpin- Eureka Mines Go. Is selling a limited amount of it's Treasury Stock at the special price of fifty cents per share (par value $1 per share) for the purpose of doubling it's present output and for other expansion. The Gilpin- Eureka is an established and produce ing gold, silver, copper, lead and zinc property at Central City, Colo, 40 miles from Denver The main shaft Is down 690 feet below the surface in rich ore bodies, increasing with depth. Adjoin- ing mine Is working 1900 feet below surface and has produced s10,o00.000. Senator A. H. StrickIett of Kentucky, is president of the company. HIGHEST RANKING and OTHER EXPERIENCES. The stock is being rapidly subscribed. A limited amount only is for sale at the special price of fifty cents per share; can be purchased on installment payments, one-fourth down, balance Tn s monthly payments. Act today or pay n higher quotation. Send fin your subscription at fifty cents per share for any number of shares desired or write today for free illustrated folder and Expert Mining Engineer Report, just completed by the we'll known firm of IsbelI & Simonson.
 INFORMATION BLANK
The Birmingham age-herald., 1917-04-29
Hubbard Bros. & Co.'S Letter

New York, April 2s.-Rains were re- ported this morning In north Texas and predictions were for somewhat colder weather, so that our market was strong all day, with one of the large local houses, long identified with the bull side of the market, heavy buyers of October. As we have pointed out before the feel ing that the market should advance is so widespread that it takes very little to Influence prices. On the other hand. the news today Is not bullish. The cold weather so far has not materialized and further rains fell in Texas, where they will be most beneficial, The news as to the damage done to shipping by subma rines is not encourag ging to expectations of normal exports. It is needless to say that the market is without any specula- tive sellers.
The Birmingham age-herald., 1917-04-29
Food .IS the
 Big Question

Alabama soil ought to feed Ala bama people. Every encouragement should be given to the movement for general planting of food crops in this state. /
 With the purpose of being prac- tically helpful and in & strictly bus mess way, we invite country mer- chants and growers of such food crops as can be stored-dried peas, velvet beans, hay, sacked corn, canned goods, Irish potatoes and other non-perishable food products to write us at once for information as to the facilities of our ware. houses in Birmingham and Mobile the two best markets in the state and our plan for assisting in ar ranging loans on consignments of such foodstuffs, helping to sell the same at best prices obtainable and collecting and remitting for sales.
 We helped cotton growers in 1914-15, and we can help YOU. Write us.
The Birmingham age-herald., 1917-04-29
Bank of Germany Statesment

Berlin. April 2S-(Via London n.)-The statement of the Imperial Bank of Ger many, issued April 23, shows the follow ing changes:
 Total coin and bullion increased 467, GOO marks; gold increased 19.000 marks; treas- ury notes increased 106 364 900 marks; notes of other banks increased 2,7S0 GOO marks; bills discounted decreased 1,067- 4660 900 marks; advances decreased 1,173O30 marks; Investments increased 1,056O0O marks; other securities decreased 212,O00 marks; notes in circulation decreased 214- 621, 900 marks; deposits decreased 677, 476.- 900 marks; other liabilities decreased 65.- ss7,0o0 marks; total gold holdings. 2.5s2.- a0S.000 marks.
The Birmingham age-herald., 1917-04-29
MORRIS AVENUE

Further increases in flour and salt meat were the main features of yesterdays market. All other commodities were firm with demand normal.
 New Irish potatoes are coming in more plentifully and were retailing at 15c per quart. Strawberries were to be found on all stands at 20c per quart.
 Local truck is beginning to appear. which has brought down prices in green stuff.
 Cotton and iron were strong with an advance in each predicted next week.
The Birmingham age-herald., 1917-04-29
w. D. CAMPBELL

COTTON Member New Orlenns Cotton Exchange. Correspondent of Shepard q Chuck, New Orleans, E. ". Wagoner ( Co.,, Chicago and New York. COTTON, STOCKS AND GRAIN
 Continuous Qu0tatlenn
 Direct Wlrea
 k07-S Woodward DldH.
The Birmingham age-herald., 1917-04-29
Advertise the Churches

From Lesle s.
 Church. All churches make announce ments; few churches or ministers know how to advertise. A past master In the art of religious advertising is the Rev. Christian F. Feisner, D. D., pastor of Grace Methodist Epicopal church. in New York city. and in his book on Church Publicity he shows the modern way to compel people to come to church. Dr.
The Birmingham age-herald., 1917-04-29
Ayerv's Letter

A lively demand for spots and ad- vances in price ranging from 12 to 63 points and sales aggregating over IS, GOO bales was the stimulus which advanced the fall months about 40 and the sum- mer positions about 20 points,
 The lowering of ocean freight rates an nounced yesterday and the demand from Japan, Liverpool and Italy was the cause for a better feeling.
 This is what the future market has needed and a continuance of this demand will put prices still higher. The pre-
The Birmingham age-herald., 1917-04-29

Reisner believes in making church serv-
 ices interesting To do this wide va- riety Of outside talent will be needed,
 especially for the Sunday evening serv- ice. The next step is to build I'D sn at
 tendance by advertising as bright and catchy as that of the commercial world. The author has made an unqualified sue cess of such publicity in the churches of which he has been pastor and in his book has gathered a wealth of material from up-to-date churches and progressive min Isters in cities and villages all over tho
The Birmingham age-herald., 1917-04-29
Rice Market

New Orleans. April 2S.-Rough and clean rice continued strong and in good de- mand today. Receipts: Rough, 670 sacks millers 67o sacks; clean, 149 pockets Sales: Clean Honduras. 300 pockets: blue rose, 1850 pockets. Quotations: Clean: Blue rose, 6AG7Ac; others unchanged.
The Birmingham age-herald., 1917-04-29
Cotton Seed Oil

New York. April 2S-The cotton seed oil market was strong with a good demand based on the strength in all foodstuffs. especially lard July sold from 16.08c to 16.16c and closed at 16.10c. Closing prices were to 26 points net higher; sales, 19,100 bar rels. Market closed strong; spot 1Gc bid; May, 16@16.05c: June 1614a0 16.16c; July 16.1O@1612c; August, 16 % @16.11c; September. 1611@16.12c; Oc- tober, 15.77 @15.79c; November, 152t O 15.30c; December, 15Q152O 200; total sales. 19, 100.