davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1917-10-18
STOCK GOSSIP

Control of Denver and Rio Grande passes from Goulds. Treasury officials estimate s1 ,00U, ,OOU, ,OOU liberty bonds sold but the figures rep resenting actual sales place the total at $52S, ,230835.
 boats and damage two others, causing Riga.
 Secretary Daniels says more than 100,O0o of our t1o oops now in France, and not l man lost on journey over. London dispatch from Berlin via wire less press, says Germany expected to de- clare U-boat blockade of our coast In near future.
 Breach between Austrian foreign min ister and German chancellor widening, owing to refusal of Germany to state war aims.
 Atchison, for year ending June SU, earned $15.02 on common, against S123O last year.
 Twenty industrials 77Us advance 1855; 20 rails S307, advance 1.57.-Dow Jones. Navy department has let it be known that it does not consider the reported intention of Germany to declare Amer ican waters war zone of any real sig nificance, the government having all
 along considered American waters as a
 war zone and having taken steps accord 1ngly.-DoW Jones.
 Market heavy. but there Is very little
 pressure to sell, except in spots. To-
 bacco Products look like being accumu-
 lated.-Hutton.
 The shake-out has been pretty com
 plete. Certain people who had not the
 courage to buy when stocks were lower.
 will come in on the advance. Many
 stocks are cheap; the tobacco stocks the stee,s, the rails; in fact, everything looks to be on the bargain counter. We are entitled to a good rally, but we are not in bull market.-E. F. Hutton & Co., Continued pressure of investment stocks is breaking the market. Pennsyi- vania Is only one that has not given way. When you can buy per cent stocks below par, per cent stock cam not be expected to sell above par.-Hut- ton.
 Somebody is selling Reading all the time. Weakness in motors broke up the rally in the general market.--I1. +. IL. Rallying tendencies are expected in the stock market owing to the better class of support noted and signs of subsidtng urgent liquidation. The buying of steel, equipment and oil stocks has been Of a good character. It may be signifi- cant that the market gained strength | rapidly colncident with the large ln- crease in the liberty loan subscriptions. I-FinanciaI News.
 Regular dividend on Illinois Central 11s and l per cent extra
The Birmingham age-herald., 1917-10-18
Pig Iron
"The Moderate Drinker''

A great personal article by a man who was a heavy drinker and then dropped liquor entirely appears in the American Magazine. The author says:
 '.The moderate thinker is like man who, after a subsiding attack of np- pendicitis. refuses to submit to an opera ton. For time he may avoid danger by having the appendix frosen, livine moderately, and consulting physician on occasion. Eventually the attack re- turns, and records show that this time 1t Is fatal in an unfortunate percentage of cases. And so with your moderate drinker.' The daily highball Is break ing down his resisting powers internal- ly, while outwardly he may appear hardy. buoyant and pink-cheeked. He gets pneu- monia let us say, and is Astounded when the surgeon tells him his chances of pull ing through are slessened through that daily drink or drinks If, unfortunately, he dies the acquired disease and not the alcohol is blamed"
The Birmingham age-herald., 1917-10-18
Bear Attacks In Stocks Resisted;
 Bulge Meets Profit Sales In Cotton
By c. F. AVERY

Bears tried to depress the list again today by concentrating on specialties, but the market showed resistance to these attacks and while the market lead- CTS suffered setbacks for the day, the net result was not particularly encouraging for the sellers.
 The news of the day mentioned pro- German efforts to hurt the second liberty loan, and there is no doubt in my mind but what there has been some sinister influence at work in the stock market of like character, which had the same aim in view.
 Notwithstanding such efforts the loan will finally turn out to have been over subscribed
 Real bull facts, like the extra dividend in Illinois Central, received small notice, but will be felt later when investors come to their senses.
 Cotton yesterday touched the highest point for 50 years The influences were
The Birmingham age-herald., 1917-10-18
COTTON GOSSIP
Weather


 May indicates fair southeastern quar- ter of the belt; generally rainy weather rest of belt. with prospects for a gen. eral cold wave and frosts to coasts to- ward Sunday.-Kofler.
 The map Is dry. Temperatures are high. To the west of the belt is a pro- nounced area of low pressure which is likely to bring rain.-Giuck.
 The presence of a moderate atmospheric disturbance about in the naiooIe suIf was indicated in reports Of vessels, tlls weather bureau announced last night. No indications of it's movements are available.
 Texas Weather-North Texas. generally cloudy, 65; central Texas, generally cloudy; eastern belt, generally cloudy, 4S to GA.
 Forecast-The forecast calls for consid- erable rain over the belt, to be followed by colder weather.
 Some buying on expected bullish weekly government report, and indications of bad weather over weekend, probably wet freeze.-Kofler.
The Birmingham age-herald., 1917-10-18
How Doherty Made Millions

There is an article about Henry l.. Doherty in the American Magazine. The author says of him:
 Although today one of the great men of finance, and probably the very great est in building and operating American public utilities Doherty started life humbly. At F he was a newsboy. At 20 he was gas engineer At 25 he was manager of public utility plant At H he was manager of a syndicate If such properties. At 34 he was head of a concern of his own. At 40 he controlled an immense corporation and was really an extraordinary scientist, and at 47 he is one of the few real powers on Wall street, controlling 200 gas and electric companies reaching nearly every state in
 he union and having oil holdings the second largest in America
 >"Step by step he has risen. From an obscure boy, by push and grit he has become man of international import ance How did he do 1t? What Is the secret power? Doherty says he doesn't Know, but talk with men who have watched him fight his way to the top of the heap and they will tell you that one of the reasons for Donerty's success is his love for cracking tough nut AS soon as job becomes easy,' says one man, Doherty's interest lessens All the fun has gone from that job and Doher.y begins seeking another difficult piece of work. You know, you can't keep a man down who is always looking for some thing hard to do.'
The Birmingham age-herald., 1917-10-18
Bonds
Money Markets

New York, October H--Mercantile pa- per. 6AQ5A per cent; sterling 6O-day bills, &.7114 commercial 6O-day bills on banks. $4.71 commercial 60-day bills, $4. 70N; de- mand. $4.75A: cables. A.76 7-l6; silver S4kc: time loans, steady; 60 days, 5Al 61s per cent; 90 days and six months 55k1 b% per cent; call money. easier: high, 4 per cent; low. 2A per cent: ruling rate, 81s per cent; closed. 21s03 per cent last loan, per cent.
 Frapcs. demand. s5.7eA; cables 5.77H guilders. demand, 42%c cables, 43c; fires, demand. T.7611; cables. 7.751s; rubles, de- mand. 14Ac; cables, 15c; Mexican dollars, 64c; government bonds. steady; railroad bonds, Irregular.
 London, October 17.--Bar silver, 4Skd per ounce; money, per cent; discount rates. short bills. 4A per cent: three month bills. 1s-16 per cent.
The Birmingham age-herald., 1917-10-18

trade buying, prospects for wet freeze and crop estimate by Newhurger of under 100000 The bulge was met by realizing sales, which sealed down the advance and final figures, in some in- stances, were under the previous close.
 Local news was to the effect that Bir- mingham mills were buyers of New Orr leans December contracts. as the cheap est cotton in the world and 1t is under stood the intention is to take up this cotton. At the discounts under spots it Is likely other mills will find this at tractive insurance The fairness of the New Orleans contract should insure them square deal when they call for their cotton. It looks to me as If the October shorts had transferred their operations to December in desperate effort to re- coup. Hoping against hope, that the movement would increase sufficiently to enable them to do in December what they failed to accomplish in October. If their efforts are not crowned with suc- cess within week I predict some fire works in the December option.
The Birmingham age-herald., 1917-10-18
STOCKS IRREGULAR
 BUT REMAIN STEADY
Bears Try to Depress Spe- cialties in Hopes of Unset
 ting Balance of List

New York, October 17.-Much of the ground regained on yesterdays mod crate rally of the stock market was relinquished today when fresh liquida- tion set in. Not few low records in important stocks accompanied the movement, which lacked the volume and scope of recent sessions.
 The opening was promising, show ing gains of large fractions to points. The advance was tentative, however, and was soon dissipated on renewal of pressure against coppers, motors, oils and tobaccos. Weakness of Utah cop- per contributed more than any other feature to the general unsettlement of the intermediate period.
 United States Steel was again the pivot around which the active list re- vo1ved, its reversal of points from 103M, followed by a rebound of points, causing much irregularity among other industrials and equip ments Steel closed at 102A, a net loss of 1 point.
 Recessions in rails were most sub stantial among the transcontinentals, grangers and coa1ers at an extreme range of 1A to 3 points. Declaration of an "extra" dividend on Illinois Gen. tral exerted no influence, beyond sta- bilizing that particular stock.
 temporary rally of 1 to points in the last hour. with steels, coppers and a few specia1ties' foremost in the movement, caused an irregular diminui- ton of the more severe losses. Among the few consistently strong features were distillers securities, which made gross gain of 5Aa points on, very large transactions, and Industrial Alcohol, a related issue, at an extreme advance almost of points.
 Bonds were irregular with new low records for industrials, including leather and rubber issues. Liberty bonds were active at 99.72 to 9976. Total sales par value, aggregated $5,475,000.
 United States bonds Gold issues) were unchanged on call
The Birmingham age-herald., 1917-10-18
Hubbard Bros. & Co.'s Letter

Ther apid fluctuations are due to she nervousness of all merchants in the cot ton trade at these high prices. Many advices are received of pricee paid in the south which are much above the quotations for distant deliveries and many think they are due to the demand to fill October commitments. They feel that the accumulation of spots may lead to sudden pressure to sell at some time when the market is ill-prepared to absorb it. On the other hand the weath- CT predictions are for colder weather and rain. The only short interest appears to be that against cotton which is being carried for forward delivery. On the ad- vances profit taking caused by quick de- clines When orders to sell failed to meet buying orders or contrariwise the market moves with sudden and unex- pected forces. Crop accounts are of the same bullish character.
The Birmingham age-herald., 1917-10-18
HIGHEST COTTON FOR FIFTY YEARS
Mills Forced Into Future Market to Protect
 Commitments

New York, October 17.--A renewal of trade buying sent December contracts up to 27 65c in the cotton market today, or 2S points above last nights close. and into new high ground for the season. Real izing became very heavy at this level, however, breaking the prices to 27.17c, with the close steady at 27.26c for that delivery and from to IS points net lower on the general list. The market opened steady at decline of 3 to 12 points with active deliveries selling about 15 to 20 points net lower right after the call, but offerings were readily absorbed by trade interests on the decline and the market soon turned firmer. The trade buying was the prominent feature, being again accompanied by reports that spinners were calling cotton or fixing prices, and the rally was also promoted by appre- hensions of another coldN snap in the southwest a Memphis report estimating frost damage at half a million bales and bullish southern spot <advices. January contracts sold up from 26.76c to N5oc' and March from 26.54c to 27c, or about 2S to a5 points net higher on the more ac- tive deliveries. Trade buying then seemed to taper off and the market met increased offering with prices breaking back below last nights closing figures m the late trading. The close was a few points up from the lowest on covering Private crop estimates are reaching the ring from the south, placing the yield around 1O,7Oo,OOO bales, or slightly under axcluding unters. These small figures ara supposed to reflect the frosts of last week, but the late selling was encourages by increasing receipts and report re- ceived from the southwest said the spot ba sis was easier.
The Birmingham age-herald., 1917-10-18
Canadian Grand Trunk to
 Observe AdamsOn Law

Montreal, October 17.-The Grand Trunk Railways system has agreed. 1t was au horitatively stated today, to grant the engineers and firemen on all it's lines the benefit of the Adanfson eight-hour day law as 1t obtains in tho United States. The engineers and firemen employed in tho company's linen In the United States havo been working under the Adamson meauura 6iuce it becap>~ ,~F
The Birmingham age-herald., 1917-10-18
Weekly Crop Report

Washington--F'rost caused considerable damage to immature cotton in Tennessee. north and central Mississippi, extreme north Georgia and bottom lands of ex- treme north Alabama. Young bolls were killed in Arkansas and Oklahoma. There was comparatively little damage in Texas and the Carolinas.
 Cotton picking was nearly finished in Louisiana, south Alabama, and south Georgia and generally progressed satis- factorily elsewhere. Cotton has stopped growing in Texas on account of the drouth.
The Birmingham age-herald., 1917-10-18
Clevenberg's Letter

The new high prices were made on tho buying for account of New England spin ners and buying of December by Gwath- mey, accompanied by extremely bullish advices from the south on the spot sit- uation. Predictions of crop under IT, 00O.000 and promises for another cold snap helped the advance. Contracts were scarce on the rise. but in the afternoon Mitchell turned seller and o:erings were free. Sentiment is badly mixed. Most hears many predictions of 30 cents and 35 cents.
The Birmingham age-herald., 1917-10-18
Shepard & GIuck,s Letter

(By CampbelPs wire.)
 Fluctuations in the price of cotton were not very wide today. and there was no very decided trend, although at one time the most active months were at new high levels for the present upward swing. Around the opening prices were to 10 points up, from which there was a break to g level 15 to IT points under the close of yesterday.
 Good support met this soft spot and the market responded. rising until the most active months were 19 to "A points over yesterdays last quotations. Later there was another sag under profit taking, the market late in the day standing at net loss of to points.
The Birmingham age-herald., 1917-10-18
s. R. Stewart 6 Co.

46l-S Woodward Bldg.. DivminEhnm. Ala Cotton. stocks. bonds. grain. provisions aSd cotton seed oil. New Orleans oor- resbpndsnts Jpo. F' clsFk q co. Direct private wira continuous quotation&
 pAsas m. sogs Ns Y yR 1lon
The Birmingham age-herald., 1917-10-18
Flour and Feedstuff

Flour and Feedstuff Michigan Patent Flour-s12.25. Idaho Patent Flour-s11.90 Tennessee Patent Flour-Si1. .55. Illinois Patent Flour-$12.75 High-Grade Self Rising Flour-s11S0 Medium Grade Self-Rising Flour-S11 .G5 Hard Winter Wheat Flour-s12.30. Perfection Cornmeal-s4.5 50 per 96-pound sack.
 Hen Feed-$41 10 per 100-pound sack Mixed Horse and Mule Feed-s530S0. c. s. Meal, per cent-$H. Cremo Feed Meal-$36. Old Style Hulls-$23. Lintless Hulls-s15. Gray Shorts-$54. Wheat Bran-Si3. Corn-$2.20.
 Corn Chops-S4.50. No. 3 White Oats-80c bushel. Wheat-$4 per 10O-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., 1917-10-18
Liverpool Cotton

in moderate request. prices firm. Good middling. 20.97d; middHng, 20.47d: low middling. 1s.s7d; good ordinary. 19.s2d. Sales, 4000, including 3200 American. receipts. none. Futures closed quiet. New contracts. January, 19.44d; March. 1905d; May, 18.79d. Old contracts. fixed prices October, 19.42d; December and January 18.45d; January and Febru- ary. 1S.35d; March and April. 1S.17d; May and June, 1S.01d.
The Birmingham age-herald., 1917-10-18
Clark's Letter

(By SteWart's Wire.)
 Our market opened unchanged to a few points higher. but soon lost 20 points OH liquidation of yesterdays peace dope buying. On the reaction demand de- veloped on the expectation of a bulish weekly government crop report at 10 O clock and bullish weather prospects.
 Market prospects may be summed up by saying that while bullish contentious have been largely realized and discounted by the advance to 26c, and changed gen. eral economic conditions, there is enough bull sentiment left for spasmodic upturns of larger proportions.
The Birmingham age-herald., 1917-10-18
Hubbard Bros. & Co.

Cotten MeReknntsss HenoveF ssUaFe, N. change. New orieans Cotton Exchange. new York FfCduee Exchange. Associate Members Liverpool Cotton AssooiatI0n: sais Of Gcytoh ana Cotton Sssd oil Yor fYRure delivery, Special attention and sspct si Sot?cn' for dsIivsrY. Correspon1.
The Birmingham age-herald., 1917-10-18
w. E. CAMPBELL
.ru,,v., nv

Member New Orleans Cotton Exchange. Correspondent of 9hsgesd q Chuck. Nsw oslssaer H, N: w WessHer Vs- o''s ctkf6N. STociSs AND CHAIN
The Birmingham age-herald., 1917-10-18
Chicago Futures
Cash Grain

Chicago, October 17.-Corn. No. yell low. No. yellow and No yellow, all nominal. Oats, No. 3 white, 59a60Mc standard. 591k46O4c. Rye, No. 2 s1SO; barley, sl.RQ1 s5; timothy, ss.5Oas clov CT, $lsg24 Pork, nominal; lard, s23.T2. 23.s2; ribs, s27 5oG2s.
 St. Louis. October 17.-Corn. No. 2 yell low sl.s2; No. white, s20s; Decemben S Nba1 IA; May. s1 o9A@1 .os5s Oats, No. 2, 57Q5Sc: No. white, 5s14@59Ac; De- cember, 5S$a5s&c; May, 60ssc
 Kansas City, October 7.-Corn No mixed, s1.s0; No white, s204; No. yellow. S1.S4d1 .S5. Oats, No. white, 59l5 Q6oc; No. mixed, 5s1zd59c.
The Birmingham age-herald., 1917-10-18
Petroleum Is Advanced

New York, October 1H.-The Standard oil company of New York today an- nounced an advance of 10 points in re- fined petroleum in barrels for export. making the price l0.46c per gallon.
The Birmingham age-herald., 1917-10-18
New Orleans Futures
Port Cotton

 New Orleans: Middling, 27.1sc; receipts. 9908; exports, 12.215; safes, 5S16; stock, 119,- 811. Galveston: Middling. 27.45c; receipts. S722; exports, 22.4S6; sales. 100; stock. 160,- 3S1.
 Mobile: Middling, 27.25c; receipts, 1852; sales, 156; stock, 12,5SS. Savannah: Middling. 27.75c; receipts, 4S47; sales. 5690; stock, 144,440. Charleston: Middling, 27H@271kc; re- ceipts, 246s sales. 71; stock, 43,050. Wilmington: Receipts, 1719; stock, 52,- I'll.
 Texas City: Stock. 2622. Norfolk: Middling, 27SSc; receipts, 4s7; exports 4149; sales, 352 stock, 29,502 Baltimore: Stock, 22,324. Boston: Middling, 2S.45c; receipts, 1S4: stock. $500.
 Philadelphia: Middling, 2s.7oc stock. 5446.
 New York: Middiing, 2s.46c; receipts. 50; sales, 400; stock, 79,785. Minor ports: Stock, 9S6S Total today: Receipts, S4,47S; exports, assoc: stock. 6S0,SSS.
 Total for week: Receipts, 15e.42o; ex- ports. S6.016.
 Total for season: Receipts, 1,455,s74; ex- ports, 1,15S,622
The Birmingham age-herald., 1917-10-18
Dry Goods Market

New York, October 17.-Cotton goods here today were firm and yarns very firm, with trading of moderate charac- ter. Knit goods were in steady de- mana Worsted yarns for knitting pur- poses were very high and are growing scarcer. Raw silk was more active.
The Birmingham age-herald., 1917-10-18
Fruits and Produce

. Bananas-s1. 75@2.25. Fresh Peanuts-12c ID. Oranges-California, s4.50. Lemons-s5. 50 crate. Irish Potatoes-$19 90 Spanish Onions-$2.50 crate. Onions-Y ellow, s1.75 crate, Onions-In bulk, 31ac lb. Navy Beans-16c lb. Limes-Imported, 90cQ$1. Apples-Box $2.75. Pineapples-$3.2 crate California Plums-s2. 25a2.5 50 per crate. Sweet Potatoes-$2.5 barrel. Peaches $3.50 crate. Grapes-$2 per crate. Concern Grapes-23c basket. California Malaga Grapes-$1.76@1.so Colorado Celery-90c doz., $ crate. Cranberries-$3.25 per crate. Lettuce-90c@$1.25 per hamper. $2.5o
The Birmingham age-herald., 1917-10-18

In the Holland flood of January. 1s1d the $500. GOO gallons of water which covered the waterland region was re- moved by electrically driven centrifugal pumps. In four months, modern pumps and motors did the worK which consumed a year and a half in the case of the smaller flood of 1925.
The Birmingham age-herald., 1917-10-18
Private Wire Flashes

Government report not as bullish as ex- pected, says there was very little dam age by cold weather in Texas and Caro- linas.-Kofler.
 as expected, showing more or less dam age by frost and indicating that the growing season is at an end.-Gluck.
 The situation is still buliish and looks higher, but I am getting cold feet. Morning paper reports storm in gulf. but details later.--Schneider.
 Market acts hollow. There has been much buying on the Newburger estimate of 10,6S5,000 and some scared covering of December shorts in New York. Think it is sale for reaction, particularly on bulges.-Kofler. tsss.{AS@
 Market steady on Newburger's estimate of 10.6 without linters.-Gluck.
 Mitchell buying. Local crowd and Wal street buying cotton and stop or ders caught.-Hubbard.
 Cotton market steady, not much change. South and Liverpool sold. Trada houses bought Crop news bullish. Weather good. Mitchell buying near months Some southern hedge selling.--Hutton.
 New York wires: Liverpool. McFad- den, Weld. Mitchell, Hubbard buying; some southern selling. but spot advices from south strong. ."-Gluck.
 Memphis wires: "Commercial-Appeal estimates damage by frost last week a: half million bales--E. F. Hutton 6 Go.
 Bad weather reports from Texas and strength of spots cuasing rally.--Gluck.
 Spinners have been good buyers here today.-Hutton.
 A local firm reports the sale this morn- ing of 5000 bales to Manchester at 2I62c for middling. .-Gluck
 New York wires say uneasiness of De- cember shorts over difficulty of getting cotton there, causing advance.-Kofler.
 MT. Burke wires from Pine Bluff: Best people think recent frost has re- duced yield 15 to 20 per cent Crop looks around 100000, possibly under that What cotton have seen has been killed No chance for top crop. Some Of the fields look like December, all picked. Big spot demand at highest basis crop, Short cotton bringing 2S to 2S cents. Sta pie cotton, 30 to 45 cents. Spot factors are short to mills. The farmers are in different sellers. Some speculation in spots: no complaint of scarcity of oney."-Wagner.
 There has been much covering and bull ing and any bearish news would find the market hollow; think sale on all pulges. Hutton.
 Demand for trade account not so heavy at moment and local crowd selling play ing for reactions.-Hutton
The Birmingham age-herald., 1917-10-18
Creamery Products

Creamery Products Butter-Creamery, 4Sc; southern butter. 47c; oleomargarine. BOG. Full Cream Cheese-2sc.
 Fish Perch--9c. Salt Water Trout-15c. Red Snapper-15c. Gray Snapper-111zc. Muilet-7kc. Spanish MackereI-17kc. Virginia Croaxer--sc. Maryland Oysters-$230 gal.
The Birmingham age-herald., 1917-10-18
More valuable hardwoods are found ir

More valuable hardwoods are found in North America than are native to any other region of similar area in the tenn perate zones. In addition to these the great range in minimum temperatures. and the wonderful Pacific coast, also en- able us to grow greater range of for eign hardwoods than may be found in- troduced to any other similar area in my xonA