davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1917-09-22
New York Futures
New Orleans Cotton

New Orleans, September N.-Cotton
 rose about $7.50 a bale here today, chiefly as the result of a covering movement among short sellers. This buying was stimulated by reports of a much lm- proved demand for spot cotton at higher prices among southern spot markets and by continued complaints of crop deteri- oration and a tendency to reduce crop estimates to about the level of last year s yield Much fresh buying for long &C., count came in and outside interest taken in the staple was greater than on any previous session of the new season. The opening was at the advance and the market rose with only moderate set backs until late in the day, the most active months were 145 to 151 points above the level of yesterdays last quota tions The close was at net rise of Al to 148 points.
 Spot markets generally over the belt sent in much higher quotations and local spot prices were raised a cent pound. Spot brokers said the demand was broadening and that the September spot interest was proving larger than antic- ipated. A feature in the spot depart ment was the report that ocean freight room was being offered more freely. The view held by many brokers was that the covering of short cotton was in- duced by fear of an unfavorable Sep tember condition report from the govern ment.
The Birmingham age-herald., 1917-09-22
Coppers and Steel Feature Stocks;
 Renewed Bull Activity In Cotton

Renewed bullish activity in the cot ton market Friday upset all calcula- tions that reaction was due, because of the elimination of the short inter- est. But yesterdays action indicated there was a larger short interest than had been imagined, probably induced by the pessimism in stocks and on the theory that with tight money, cotton farmers could not finance 2o-cent cot ton. Spot houses and the Japs were conspicuous buyers and the market has every evidence of being a bull market. Reactions will probably be small and do not look for any heavy realizing until bureau day.
The Birmingham age-herald., 1917-09-22
Shepard & Gluck's Letter

Short covering, more than anything else. put the price of cotton up today for one of widest advances in recent months. Urging the shorts to cover was further improvement in the spot situation in the south and a growing realization of fact
 that the south is producing only a mod crate, if not small, crop this year. In the early trading the ring was flooded with telegrams from New York to the effect that the short Interest had covered and that market was due for reaction. The events of day prove that this was an attempt to bring ahJut widespread selling and thus furnisN ontracts for those who had decided t Over on the grand scale. This rise has been rapid and reacations are in order but we do not think reac- tions will be permanent under present spot situation and with the trade facing a bullish condition report. Reactions should be welcomed by new purchasers.
The Birmingham age-herald., 1917-09-22
Private Wire Flashes

Liverpool cables: South offering very llttle. Texas markets are exceptionally dear.-Hubbard to Orcutt.
 Smaller market. Some realizing trad- CTS think shorts largely covered, but ex- pect better market.-Hubbard of Orcutt.
 foreign news better. Paris says pope will send peace note at the end of Sep tember.
 Spot quotations from interior show general strength. Texas prices around 23c for middling; Atlantic prices around 22c Futures still too low.
 Market now depends entirely on weather. With bad weather the advance will go further but with a warm, dry spell, speculative support would stop or crop improvement and increased har- vesting. Therefore watch the weather. -Kofler to Stewart
 It looks as if the shorts are not all in yet. There Is heavy buying on re- ports of higher spot markets in Texas. -Gluck to Campbell
 Looks like last of the large shorts had run on this bulge-Hubbard to Orcutt
 New York wires: Spot interests big buyers this advance.-Gluck to Campbell.
 Texas wires: Shorts filled up on spots basis decidedly easier. Receipts increas- ing.-Hubbard to Orcutt
 Looks like some big bulls letting go some cotton.-Hutton.
 New York wire: Think market will make new high before close.-Gluck to Campbell.
 Howard and ring crowd all buying catching stop orders.-Hubbard to Or cutt.
 New York-MitchelI, who has been pulling cotton the past few days, was a heavy seller this morning on the ad- vance.-Hutton to Stewart
 McFadden best buyer supposed to be covering. When these big shorts are out of the market 1t should react sharply as speculative buying seems insufficient to carry it higher.-Kofler.
 Gredhville: Twenty-two cents was of- fered freely last night at interior points around us for basis middling
 Greenwood, s. C.: Mills in this sec- tion taking all receipts at price of De- cember New York at country points C. w.
 McFadden and west bought Is the only news to cause the jump.-Kofler.
 Texas messages: Japanese are sweep ing everything in the way of spots. Buy CTS are not as fussy on the score of prices as they were. The September short interest Is proving altogether larger than expected.-N. A.
 New York has been claiming for two days that shorts were covered but the market keeps on rising.-Gluck to Camp bell.
 This market has all the earmarks of a bull market without noise or flare and Is advancing steadily Think outside in terests will soon be attracted soon when further advance will result-Gluck.
The Birmingham age-herald., 1917-09-22
Clark's Letter

By the delay to maturity, harvesting and crop movement interests and market plans. have been thrown into confusion, which was sure to result in an cratic performance in the process of correction, as we have seen this week.
 Starting slowly on suspicion of an un- due isolation from spots the creeping ad- vance at 19c gradually overlook larger interest arrangements and developed into a general covering movement.
 The execution of overnight buying or ders based on yesterdays strong spot quotations, and attracted by the rise, caused a further sharp advance this morning.
 Markets are now much better in line with spot prices and as much spot inter- est is covered, the excitement may sub side and some reactions develop With good weather.
 While the covering movement may not be quite over, 1t is being realized that technical conditions are weaker and there Is less disposition towards free support
The Birmingham age-herald., 1917-09-22

The fixing of the price for copper at 2sh cents for four months was the feature fin the stock market yesterday. The greatest stimulus was given to the metal stocks and allied industries. The advance quite likely would have been greater had it not been that the price fixed was about what had been expected and therefore had been part " discounted. The removal of the un- certainty was the principal factor of importance. Furthermore. the fairness or this price would seem to me to fore shadow an acceptable steel price to all concerned
The Birmingham age-herald., 1917-09-22
Bonds
Money Market

New York. September 21.-Mercantile paper, 5A per cent; sterling 6O-day bills. 4.72 per cent; commercial 60-day bills on banks, 47lh per cent; commercial 6O-day bills, 4.71@ per cent; demand, 475h per cent; cables, 476 7-16 per cent. Bar sill Der. $1.0SA. Time loans easier; 60 days, 6A@5A per cent; 90 days. 51sQ5N per cent; six months offered at 6 per cent. Cali money steady; high, per cent; low, 31a per cent; ruling rate, per cent; closed S1g@4 per cent; last loan. per cent.
 New York, September N.--Francs, le- mand. 5.7s1s per cent; cables. 5.7s,A. Guild CTS, demand 4lM cables. 42 S-16. Lires. demand. 7.73; cables, 772. Rubles, de- mand, 17N; cables, 17E Mexican dollars, SIC. Government bonds, steady; rail- road bonds, heavy.
 London. September N.-Bar silver, Esd per ounce.
 Money. per cent; discount rates. short bills. AZ per cent; three months bills, 1916 per cent.
The Birmingham age-herald., 1917-09-22
Opinions

Bond MoEanay: Despite the increas- ing receipts of cotton they fail to weigh upon market; In fact, the demand throughout south is now in advance of offerings which is diverting buying to the New York market"
 Hutton; While reactions are likely we sun oeheve that until there is a more decided tendency in the south to market cotton purchases on all breaks are preferable"
 Hudson: "The volume of short cov- ering showed plainly that the extent of short interest has been underestimated and overconfidence had taken hold of not only the public, but some of the heavy market operators.
 Pynchon: We do not look for any heavy selling in cotton.'
 Jenks Gwynee: Feel that consider ably lower prices may be expected within the next few days"
The Birmingham age-herald., 1917-09-22
Cotton Seed Oil

New York. September 21.-After some show of hesitation at the outset cotton oil scared to new high levels on reports that the Belgian relief was after more compound lard and on covering of be- lated shorts. Realizing sales broke the market shortly before the close. Final prices were "A points lower for October and to net lower for later months. anuary sold from 16.10c up to 16,40 and back to 16.10c. closing at 1615c. Sales. 54SO0 barrels. Prime crude. 14s3c; nomi- nal.
The Birmingham age-herald., 1917-09-22
Spot Cotton
Pig Iron
Coffee Market

New York, September 21.-Near month liquidation seemed to be chiefly respon- sible for rather nervous and irregular fluctuations in the market for coffee futures today Later, however, brokers with Wall street connections were sellers of near months, with October easing off from 74017 29c, and with the general list closing at net loss of to 13 points, Sales. S7,50O Closing bids: September and October, 7.2sc; December, 7.4Sc; Jan uary, 7.51c; March, 7.67c; May, 7.S0c; July, 796c.
 Spot, irregular; Rio Is, sMc; Santos 4s SHc
The Birmingham age-herald., 1917-09-22
Miscellaneous Markets
Live Stock

Chicago. September N.-Hogs: RsoeiptA 1000; market strong. 10 to 15 cents above yesterdays average. Bulk, ST .90GD18. B: light $17. 40QD1s. .75; mixed, 317. 4og18 .S6 heavy. SIT .3o918 .s5; rough. $l7 Sod17 80, pigs. s1s.s5@17.75.
 Cattle: Receipts, 5000; market weak. Native beef cattle T.5o@l7 90; western steers $6. 6.70a1575; stockers and feeders, $6. 4o611.2 25 cows and heifers. $. 5.15@12 .so; calves. s11.5Odls.
 Sheep: Receipts, 12ooo; market wsas. Wethers, ssQ12.so; ewes, $. 25@l1. .75; lambs, $13n1S.15.
 Kansas City. September N.-Hoss: Re- ceipts 1900; market strong. Bulk. $l5Q 1880; heavy, SIS. .50d1S 30; packers and butchers. SIS. 5oa1s.so; light, $17.s5@1S. .8o; pigs, s16. .5oa17.7O.
 Cattle: Receipts 2soo. including 5oo southern; market steady. Prime fed steers, $l6. 25017 25; dressed beef steers. sl1 .50G1575; western steers. 59. 5o113 50; southern steers, S7Ga2: cows, s5. 50@1O. 2S: heifers s7d13; stockers and feeders. N@ IA; bulls, s6QS; calves s7013. .50
 St Louis. September H.-Hogs: Re- ceipts, S90o; market steady. Lights. N8. .3S G1S.SO pigs, $l4@17.75; mixed and butch CTS, SIS. 25G19; good heavy, SIS. 80dD1s; bulk, SIS. .35Q1S .95.
 Cattle: Receipts. 5000; market steady. Native beef steers, ssQD17.bo; yeariing steers and heifers, TQ1e; cows, $6QD10 stockers and feeders, $6 5OQD9 .50; Texas quarantine steers, $6.75a10 .5O; fair to prime southern beef steers, $9@12. .75; beof cows and heifers, s6@10; prime yearling steers and heifers, S.5o@lo; native calves. s5. 75Q15. .75
The Birmingham age-herald., 1917-09-22
Cash Grain

Chicago. September M.-Corn: No. [ yellow, s214g2.17; No. 8 yellow. sz1sQ e.1S5z No. Mellow, $2.1cd2.1 Is. Oats: No. white. 6OdG0Ac; standard, 6o1z061c. Rye: No. ?. s1s9Q1so; barley, s1. 25Qd. .4s; timothy. sea6; clover, s1b@N. Pork, HS5o; lard, s24 17Qo422; ribs. s251255o.
 St. Louis, September M.-Corn: No. $. s2.OS; No. ? yellow, s2.1s; September. $1.s7: December, $1.17ls@1.17A Oats: No. 2, 5sc; No 2 white, 6o1aG60Ac; September, COG; December, 5Sssc
 Kansas City, September N.-Corn: No. 2 mixed, $2.O2d2 os; No white. $211@ PIP; No. 9 yellow, s2o4Q2.0. Oats: No. 2 white, s21t@63c: No. mixed, 61G62o
The Birmingham age-herald., 1917-09-22
McKinnon's Letter

Corn: Despite the fact that the feared frost did not materialize and the weather map was construed as favorable, there was less pressure upon the corn mar ket than was generally anticipated. It was also Q fact that such offerings as appeared were apparently well cared for as the market has maintained a steady undertone throughout the day.
 Favorable weather is foreoaSted for several days. The market will. thefe- fore lack support from tho motive of crop damage.
 Oats: Prominent feature in oats was the withdrawal of any particular de- mafid for the September futures. also for the cash oats. A good portion of buying of current arrivals was by ele- vator interests in some cases the Sep tember being sold against them. To- ward the last. premiums disappeared; arrivals selling at September price to Ac over.
The Birmingham age-herald., 1917-09-22
Liyerpool Cotton

Liverpool. September 2l-Cotton, spot small business; prices 40 points higher; good middling, 1s.27d; middling, l7.s2d low middling, 17.32d; good ordinary, 16. 37d: ordinary, 15.S7d. Sales, 20O0, in cluding 1900 American. Receipts, 1000. including 600 American. Futures 70 points higher. September, 16.S2d September and october, 1652d; October and Novem- her. 16. Tod; December and January, 15.5sd January and February, 15.45d; March and April. 1627d; May and June, 15.11d. The above are all fixed prices Weekly cot ton statistics: Total forwarded to mills, 4s.ooo. of which American. 3SO00 bales. stock. 261. 900; American, 164,oO0 Imports,
 ss. GOO; American, S1,0o0. Exports none.
The Birmingham age-herald., 1917-09-22
S. R. Stewart & Co.

401 2 Woodward Bldg.. Birmins ham. Ala. Cotton, stocks. bonds, grain. provisions and cotton seed oil New Orleans cor respondents Jno. F. Clark & Co. Direct private wire. continuous quotations
 Phone Main 5e7. w. I. PHELPS. Mgr.
The Birmingham age-herald., 1917-09-22
Produce Market

New York. September a1.-Butter steady; receipts, 14.s2s; creamery. high CT than extras. 44A @45c; creamery ex- tras. 92 score. 44A @44hc; firsts 43@ 44c Eggs irregular; receipts. 1s,o6o; fresh gathered extras, 46@47c. extra hrsts. 4s@45c; frsts, 4o@42c. Cheese firm; receipts. s4s9; state fresh spe- cials. 25% @2sc; state average run. c5 @251ac. Live poultry, weak; no prices quoted. Dressed firm; chickens, 25@S2c; fowls and turkeys unchanged.
 Chicago, September 21.-Butter un- changed. Eggs: Receipts, 6294 cases; unchanged. Potatoes: Receipts, 30 cars; unchanged. Poultry: Alive unsettled; fowls, 1g@23c; springs, 22hc
 St. Louis. September 21.-Poultry unchanged. except ducks. 191ac. Butter unchanged. Eggs. 35@36c.
 Kansas City, September e1.--Butter. eggs and poultry unchanged.
The Birmingham age-herald., 1917-09-22
Hubbard Bros. & Co.'S Letter

The general opinion is that the ad- vance again today so rapid was caused by the covering of about the last of the large short interest which had accumu- lated on the decline of the last two months, It was noticeable that the re- cent buyers were heavy sellers on the advance throughout the day. though not in such large quantities as to check the upward movement Reports of deterio- ration were current. shedding being re- ported. There has been some long buy ing on the top of this advance of Sc a pound. On the other hand, telegrams from the south report more cotton nov ing to market. Liverpool has both fought and sold during the day.
The Birmingham age-herald., 1917-09-22
HELP WANTED-MALE AND
 FEM ALE

-~~~o~~-~-~-~0~-~-~-~-~o~ WANTED-Agents to adverttse Palmer s skin whitener. Write w. E. Scott, Ma con, Ca 9-19-6t WANTED Immediately, menwomen, government war jobs; $100 month; list free. Franklin Institute, Dept. 3-G, Rochester. N. Y. 7-25-36t-we-fr-sa WANTED-Bookkeep lady stenogra- phers, shipping clerks, automobile re- pairer, lady cashier hardware boy, call boys, $39 to s55; messenger boys. s1o to $15 week; apprentice boys. ex- press drivers. locally; brick yard hands, $250 up; coal miners, mine elec- trician, $5 straight time; laborers, g up; lattice carpenter. telephone opera tor, table girls, factory girls, pastry cook, domestic cooks, marker, assorter, porters, colored girl five evenings in week. light work, $50. Producers Agency, 1211a Fist st.
 WANTED-LocallyI 50 laborers, white and colored; painters. paperhangers. carpenters for city and railroad work; maids and buffers, cooks, white and colored walters; other help. 1722 Sd ave. Phone Main S117.
The Birmingham age-herald., 1917-09-22
Fish

Butter-Creamery 471ac; southern but ter, 461sc; oleomargarine, 29c. Full Cream Cheese-2714c. Perch-sc. Salt Water Trout-15c. Red Snapper-14c. Gray Snapper-10c. Mullet-7c.
 Spanish Mackerel-17hc. Virginia Croaker-Sc. Maryland Oysters-s2.25 gallon.
The Birmingham age-herald., 1917-09-22
New Orleans Futures
Port Cotton Market

New Orleans: Middling, 22c; receipts 37so: sales, 145S; stock, S4,ss7. Galveston Middling, 2410c; receipts, 7oe7; sales, S5S; stock, 149,2e4 Mobile: Middung. 22.25c; receipts, 4OS; exports TIPS; sales. 1o2; stock. 1a6s7 savannah: Middling. 23.25c; receipts 7s77: sales, 400: stock. 1os,s34 Charleston: Middling, 22.25c; receipts ss2: sales, 30; stock, 741o. Wilmington: Middling, 22.&c; receipts 1928; stock, 44Sb3.
 Texas City: Stock, 90.
 Norfolk: Middling, 22.25c; receipts 1s; stock, 3e950.
 Baltimore: Receipts. 2e5; stock. 23 e45.
 Boston: Middling. 2s.35c; receipts. sb; stock, 8SS7 Philadelphia: Middling. 24.s5c; receipts 37S; stock. 47S9.
 New York: Middling. 24.7oc; receipts 5S12; stock, 64,669.
 Minor ports: Receipts. 1882; exports Il, ,396 stock, S394.
 Total today: Receipts 26,4A; exports 19 12s stock 556,479.
 Total for week: Receipts, 16S,SB; ex' ports. S0.12s.
 Total for season: Receipts. 1o,E4; ex- ports, 612,457.
The Birmingham age-herald., 1917-09-22
Hutton's Stock Letter

After a strong opening the market reacted on profit taking. There was further selling of rails, such as Chesa- peake and Ohio, Canadian Pacific New York Central and St. Paul. The present high price of silver, the highest since 1878, was reflected in the advance in American Shelter and Refining com pany in some quarters, which company should profit greatly through the pres ent prices of this metal. Certain spe- clalties, such as Superior Steel and Mexi- can Petroleum, showed recovery from low levels, the former due to a further retirement of its preferred stock and the latter to a reported strong cash posi- ton. Stakeholder underwent another period of liquidation and rumors of the financial conditions of this company are reported as unfavorable.
 Towards the close steel showed in- pressive buying and this, together with some short covering. carried the market generally upward. The price fixing on copper was about as expected and pres saged price on steel products around s65 to $68. The uncertainty of this im- portant markell element (price fixing) being largely done away with, with the further prospects of fair treatment Of the large business in this and a re- ported adjustment of bituminous coal prices upward would tend to steady the market and should induce more gen eral buying than Is at present evident
The Birmingham age-herald., 1917-09-22
Sugar and Cereals

Granulated Sugar-9c. Rice-Fancy Blue Rose, $S cwt. Fancy Rice-S per cwt. Grits-Cartons, $1 dog. Grits-Sacks, $3.S5.
The Birmingham age-herald., 1917-09-22
Clevenberg's Letter

A leading old-time and well posted member of the cotton exchange when asked this afternoon for an explanation of the sensational rise in prices said it was due to the unusually light move ment for September. This forced spot shorts to cover and speculative shorts followed This theory is probably cor rect As for the trading features today they are difficult to describe concisely. The early buying looked to be chiefly for McFadden, this being followed by general buying and Livermore was re- ported buying. Stop orders also played prominent part. It can go to 25c for the same reason that it has gone over 23c
The Birmingham age-herald., 1917-09-22
Interior Movement

Houston: Middling, 24.35c; receipts, 14- s22; shipments. ss7S; sales, 56SS; stock, 8, ,635.
 Memphis: Middling, 2sc: receipts, 1s7; shipments, 100; stock, 42.s93.
 Augusta: Middiing, 29.25c; receipts. 496S; shipments, 1295; sales. 1253: stock. R,sss.
 St. Louis: Middling, 23c; receipts, As; shipments, 633; stock, 2641.
 Cincinnati: Receipts, 147; shipments, 192; stock, 23,930.
 Little Rock Middling. 22c; receipts. 6l; sbipments, 3Sc; sales 3S; stock, S37l.
 Total today Receipts, 2o,s7s; shipments. l2,1e9; stock, 199, ,465.
The Birmingham age-herald., 1917-09-22
w. E. CAMPBELL
COTTON

Member New Orleans Cotton Exchange. Correspondent of Shepard & Chuck. New Orleans, E. w. WagOncr & Co.,. Chicago and New York COTTON. STOCKS AND GRAIN Continuous Quotations Direct Wires
 8O5-S Woodward Bldg.
The Birmingham age-herald., 1917-09-22
Metal Market

New York, September 21.-Tho metal exchange quotes lead quiet: spot, 7.Uc. spelter, quiet; spot. East St. Louis de- livery, S12@S-37c.
 At London, lead. spot. R30 1os; futurea 929 los; spelter. spot, E54: futures, a5o.
 Copper, electrolytlc, nominally Sa050c iron firm and unchanged.
 Metal exchange quotes tin firm; spof. s6l. .25Q61A75.
 At London. spot copper ei20; futures a11s 1os; electrolytic. als7; spot tin. R244 los; futures. s242.
The Birmingham age-herald., 1917-09-22
Flour and Feedstuff

Flour and Feedstuff Michigan Patent Flour-s12.55 Idaho Patent Flour-Sl2.05. Tennessee Patent Flour-S1l.55. Illinois Patent F1our-s12.6o. High-Grade Self-Risng Elour-sn. .S5 Medium Grade Self Rising Flour-$11 G5 Hard Winter Wheat Flour-s12.65 Perfection Cornmeal-$4.5 50 per 96-pound sack.
 Hen Feed-410 per 10O-pound sack Mixed Horse and Mule Feed-$5396O c. s. Meal, per cent-s47. Cremo Feed Meal-$35. Old Style Hulls-s23. Lintless Hulls-$15 Gray Shorts-$54. Wheat Bran-s43. Corn-$2, 20.
 Corn Chops-s4.50. No. ? White Oats-S0c bushel Wheat-s4 per 100-pound sack. Choice Pea-Green Alfalfa-$34 per ton. Choice Timothy Hay-S29 per ton. No. 1 Timothy Hay-$2S per ton. No. 1 Johnson Grass-s22
The Birmingham age-herald., 1917-09-22
MORRIS AVENUE

There was a great scarcity of fish and oyster Friday but no advance in prices was made Dry salt meats continue to advance daily. Sugar declined a quar- ter of a cent per pound. Quotations follow:
 Poultry Hens-24025c. Fryers-32Q23c. Guineas-3oc. Roosters-15e. Extra Graded Eggs-42c. Candled Eggs-40c. Turkeys-Live, 2Sc. Ducks-20922c.
The Birmingham age-herald., 1917-09-22
Dry Goods Market

New York September 2.-Cotton goods moved up sharply following the rise ir cotton. Yarns were much firmer. Wool markets were steady. Raw silk firm Linens are to be brought in under H. censes.