davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1917-09-27
POSITIVE ADVICE CORN DOING WELL Did a Great Deal to Weaken Values-Oats Were
 Weak

Chicago, September 26.-Authorita-
 tive advices that the corn crop. as q
 whole, was progressing well and that good portion was already out Of danger from frost. did much today to
 weaken values. The close. although
 unsettled was %c to i ;c net lower at s121 December and s1. IS May. Oats
 showed a setback of 13c to bc. Pro-
 visions scared beyond all previous rec
 ords and finished at gains of 25c to S2c.
 Although it was conceded that to-
 days weather map and the forecast az
 well were unfavorable, the corn mar
 ket averaged lower throughout the day The adverse conditions appeared to have been fully discounted yester day. and holders indulged; in proht- taking, especially as no serious dam age from low temperatures seemed i'm minent Besides. ultra bulls were dis appointed at the fixing of a late date for considering possibility of change in the existing maximum price regu- lations. Reports of the increasing se- curity of the crop in general con tained the statement that one-half to l two-t thirds of the yield in Iowa was
 now safe from an ordinary killing | frost.
 Subsistence of demand for immediate delivery was the chief feature of the | oats market.
 Big advances in the provisions mar ket were associated with reported heavy purchasing of meats for govern
 ment account. Moreover. continued scarcity of hog arrivals here and at other centers has resulted in depletion
 of stocks. Receipts today throughout the west totalled little more than half the number a year ago.
 Future n,I0tations were as follows.
The Birmingham age-herald., 1917-09-27
COTTON TRADE IS
 BADLY CONFUSED
Violent and Erratic Swings Make Traders Dizzy.
 Sentiment Mixed

New York September 26.-The cotton market was very nervous and unset tied again today, with swings of about so points in prices. After selling at 2342c early, December advanced to 24c. but bfoke to 2340c and closed at 23.50c, with the general list steady at a net decline of to 12 points.
 The market was irregular from the start. with traders attention divided between bullish weather and crop ad- vices and reactionary impulses derived from the extent of recent advances and the gradual increased movement open ing prices were 28 points higher to points lower, with near months rela- lively firm owing to the small local stock. There was considerable southern n selling, also some local pressure and realizing right after the call, but the market soon steadied More optimistic ideas of export possibilities were en- couraged by reports that neutral steamers now tied up here may soon be brought into service, and rumors of a bullish crop report tomorrow were also circulating on the advance to 24.55c for October and 23S7c for Jam uary, or about 33 to 43N points net higher. offerings then increased and the market broke sharply in the late trading" on private cable from Havre reporting that the French government had prohibited further imports of cot ton, with October selling off to FAC ana January to 23.24c, or 12 to 30 points net lower. The close was up from the lowest on coverings, and a feeling that the action of the French government would prove only a temporary meas ure.
The Birmingham age-herald., 1917-09-27

There was recessionary move in stocks yesterday. due principally to the action of the federal reserve banks in discouraging long time loans. Call money loaners took their cue from this and the price of per cent, which ruled at one time, put damp CT on bullish activity. This was ex- actly what the federal reserve bank intended it should do With the time for placing of the big government loan approaching, the banks cannot attempt to finance big bull move in stocks, although there will be steady and gradual enhancement of values from present levels. In other words, noth ings spectacular is to be desired, or will be allowed.
 The moves in cotton prices for the last few days have been crazy enough
The Birmingham age-herald., 1917-09-27
Shepard & Gluck's Letter lRu Carnnhell,s wire

The cotton market was anything but stable today It moved violently on ev- cry rumor and report. Prices rose easily and as easily declined. For awhile the hurricane was sustaining influence.
 Late in the day there was sharp break on report that France had pro hibited all imports of cotton. The weekly weather reports were more bull fish than bearish, but failed to stlmu- late buying of consequence. Fluctua- tions came with bewildering rapidity
 According to the best information 10 be had, the hurricane has crossed over Cuba and is now central in the Cur or Mexico moving in general. northeriy and westerly direction. Warnings lndl- cate that the bureau thinks it will strike the coast anywhere from Mopiie 10 Apalachicola. If it does the crop Of the Atlantic will be in danger. If 1t strikes more toward the west, as it may from it's course so far, its path over the mld- dle cotton region will be strewn With damaged crcps For the time being the long side looks safer.
The Birmingham age-herald., 1917-09-27
CALL MONEY RATES
 PUT STOCKS DOWN
Federal Reserve Banks Ac- tion in Discouraging Long
 Time Bills Is Bearish

New York, September 26-Increasing money stringency was the determining factor in today's reactionary session or the stock market. Call loans opened at 6 per cent, that rate prevailing until shortly before tle c,ose, when it dropped to per cent. Time accommodations showed greater scarcity, local banks evi- derltly taking their cue from the attitude of the federal reserve board, which IS discouraging longtime acceptances. Three and six months loans advanced F per cent to 6 ger cent, with virtually no offerings.
 Stocks moved irregularly the greater part of the day, but fell back generally in the last hour, industrials and other leaders pointing the way. The recession followed publication of the weekly review of a trade authority which referred to the utter confusion in the steel industry as a result of the prices established by the government.
 United States Steel, which again con tributed large quota to the day oper- atlons, fell from 112 to no, and closed at 1101s, net loss of 2as points. Many oIner industrials and coppers reacted to a ike extent and shippings, which had been al Inost the only prominent stocks to sho" actual strength also yielded.
 Rails at no time evinced any of the previous days firmness. the coal group being under constant pressure with New York Central, St. Paul and other erangers Pools renewed their activity In minor specialties, but failed to attract a following Moderate gains were scored by Ohio Gas, Dstiliers' Securities and Malting preferred
 Probability of government loan to Hayti and shipment of $5O0,00O gold to Canada embraced the financial incidents of the day.
 Domestic bonds tended mainly lower, b,It internationals were firm. Liberty 3iss n,,yed in the narrow groove of par to 100o2 Total bond sales, par value aggregated $4765,0O0
 United States bonds (old issues) were unchanged on call.
The Birmingham age-herald., 1917-09-27
Fish
Flour and Feedstuff

Flour and Feedstuff Michigan Patent Flour-sl2.55. Idaho Patent Flour-$11.90. Tennessee Patent Flour-S11. 55. Illinois Patent Flour-$12.75. High-Grade Self-Rising Flour-SE. .S5 Medium Grade Self Rising Flour-s11 G5 Hard Winter Wheat Flour-$12.20. Perfection Cornmeal-$4.50 50 per 95-pound sack.
 Hen Feed-$4. 10 per 100-pound sack. Mixed Horse and Mule Feed-$531SO c. s. Meal, per cent-$47 Cremo Feed Meal-$35. Old Style Hulls-s23 Lintless Hulls-$15. Gray Shorts-$54. Wheat Bran-$43. Corn-$2.20.
 Corn Chops-S4.50. No. 2 White Oats-S0c bushel. Wheat-$4 per 100-pound sack. Choice Pea Green Alfalfa-s34 per ton Choice Timothy Hay-$29 per ton. No. 1 Timothy Hay-s28 per ton. No. 1 Johnson Grass-$22.
The Birmingham age-herald., 1917-09-27
Cleyenberg's Letter

The initial decline to AZ for December was apparently on southern hedge sell ing, but the contracts were absorbed by Liverpool and on purchases by Gwath- mey that finally rallied it to 24 cents. At this point the demand let up and the market went back to previous low on realizing and profit taking, and a report that France had further restricted the importation of cotton. The south ap- peared a seller during the balance Of the day. ana offerings would have been more free, but for fear of the tropical storm. Scales brokers were buyers on a rumor that Clement Curtis would be under 60. Sentiment is mixed.
The Birmingham age-herald., 1917-09-27
New York Futures
New Orleans Cotton

New Orleans, September 26.=-Con-
 flicting influences caused rapid and
 fairly wide price changes in cotton
 here today, the market both bulglng
 above and breaking below the level
 of yesterdays close. It was easily in-
 fluenced either way. Late in the ses-
 sion the most severe drop came, fol-
 lowing the report that France had
 prohibited all imports of cotton, and the most active months went 3S to 37 points below yesterdays last quota tions. The close was at a net loss or IT to 19 points. The hurricane in the Gulf of Mexico was the main bullish influence of the day and on 1t the market at one time was 29 to 37 points above yesterdays close.
 The opening was at the advance be- cause of nervousness over the tropi- cal storm, the open rise being to lG points. Heavy liquidation of long cot ton drove the price to fl points un der yesterdays final figures. With the market at the decline, little support came from any direction until the storm warning was posted for the gulf coast. Fear that the hurricane would bore inland and do damage to the cot ton crop caused a wave of buying and l the most important rise of the day. | The weekly weather and crop ac- counts from the government were con sidered unfavorable, but had little eff l feet on the market.
The Birmingham age-herald., 1917-09-27
Stock Market Reactionary Yesterday;
 Cotton Price Moves Puzzle Trade
By c. F. AVERY

to make the most seasoned campaigner
 dizzy. It has been a wonderful mar
 ket for the scalper provided he was
 able to get off on the right foot and
 not miss his step.
 Notwithstanding the violent fluctua-
 tions-now up, now down 50 to 50
 points within a short time-there has
 been an undercurrent of steadiness
 that goes beyond the conflicting ru- niors of storms and those of politics. This underlying strength, in my opfn-
 ion, is because of the independence or the farmers.
 The market broke in the last hour on report that France would pro- hibit importation of cotton. This does not mean as much as it would be normal times for the reason that most of the French textile manufacturing plants are within the enemy lines The latest news of the storm. as write, is that it has struck near Mobile.
The Birmingham age-herald., 1917-09-27
Opinions

Jenks, GWynne & Co.,: It is our idea that the yaalles now obtaining will appear excessive Tn the near future.
 H. w. & Co.,: Sentiment is mixed with many in a waiting attitude pending po- iiticat developments. In the sls ,t situa- tion there seems to be good demand.
 Journal of Commerce monthly crop can vas indicates considerable deterioration in Alabama, Mississippi and Louisiana for the period, condition in the first named state declining about 10 points, and in Mississippi and Louisiana about 5 points. Rain and boil weevil chief causes. Shedding general and top crop prospects very poor. Season two to three weeks late, picking very backward; kill ing frosts' would greatly curtaii yield. No scarcity of labor.
The Birmingham age-herald., 1917-09-27
SOClEI Y
Continued from Page six,

(Continued from Page six) will visit Dr. and Mrs Charles Stod- dard of this city. Later Mrs. Quillian will join her husband at Boston. where he is taking a law course at Harvard.
 Miss Emily Harrison of Mountain Ter race has returned to Sophie Newcomb college in New Orleans, La.
 MT. Tinsley R. Harrison has returned to the University of Michigan at Ann Arbor.
 Mrs. Martiel Smith, Miss Marguerite White Miss Bessie Ware, Miss Mary Hord Wilson are spending few days with Mrs. J. D. Smith in Norwood.
 Mrs. I. D. Tull and Mrs. A. c. Btl- lups left on Monday for Stafford Springs. MT. and Mrs Frank Brush, who were married few days ago in Huntsville, have returned to Birmingham to make their home, and will reside at 2117 Ave- nue G, Ensley.
 Mr. and Mrs. Victor Prowen enter tained a few friends at an informal dinner one evening last week compli- menting her nephew, MT. Frank Brush and his bride. who were recently mar ried in Huntsville.
The Birmingham age-herald., 1917-09-27
Weekly Crop Report

Washington, D. C.-The temperature was below the normal and cotton de- teriora ted over large part of the east ern half of the cotton belt. Conditions were favorable for maturing the crop in Oklahoma and northern Texas The rainfall was light and picking progressed rapidly in the southern portion. but bolls are opening more slowly in the northern portion. The season was close to the normal in extreme southern part of Arkansas, was one to two weeks late in the central portion, and to 3 weeks late in the northern portion.
 The wcevil was less active in Okla hona, but still damaging the crop in the central portion. Some shedding and dam- age from rust are reported. The top crop will be small in sections.
The Birmingham age-herald., 1917-09-27
Fruits and Produce

Bananas-$1. .75@2. Fresh Peanuts-12c lp. Oranges-California s4.50. Lemons-$G G.50 crate. New Irish Potatoes-$1.70 70 bu. Spanish Onions-$1.75 .75 crate. Onions-Y ellow, $1.75 crate Onions-In bulk, 31sc h. Navy Beans-16c lb. Limes-Imported, SIPS. Apples-Box S2.75. Watermelons-25@30c Pineapples-s3. .25 crate. California Plums-$2. 25@2.50 per crate. Cantaloupes-Flats, s1. Cabbage-2i5c ID.
 Sweet Potatoes-s2.50 barrel. Peaches-$3.5O crate. Grapes-$2 per crate. California Malaga Grapes-$2.8. Colorado Celery-90c doz., s crate. Colorado Lettuce-90c doz., s crate.
The Birmingham age-herald., 1917-09-27
Hubbard Bros. & Co.'s Letter

The rapid fluctuations continue to pug gle every branch of the trade who are practically unable to gauge either their extent of the period of their outbreak. So many new and novel causes either from the operations of governments in controlling freights or from their finan- cial requirements that it would appear as though we would continue to have all the usual forces of supply and de- mand upset. On one hand the English government proposes to reduce the con sun. .ption of the cotton mills by tO per cent: on the other hand, they have in the past two months furnished freight room in some unknown manner to in crease the exports of cotton. Iooay market showed first, hedge selling, then q covering movement on storm advlces' and lateness of the crop, while since then the market has declined on an at- tempt to liquidate some of the purchases of the morning The weekly crop re- port was about as expected. Later m the afternoon adv1ces were recelveo from Havre that the French government had prohibited the import of cotton.
The Birmingham age-herald., 1917-09-27
Private Wire Flashes

Lack of buying early in corn was . disappointment to me, but market has
 taken a lot of pressure and shows good
 tone now. Think today Is a breathing spell.-Babcock.
 Spence, Iowa, wires: Reporting frost
 here last night; heavy north of here.- Wagner.
 No support in oats. excepting resting orders There were many selling or ders at opening. Market quiet and fea- tur-less. Corn buying very scattered and in small amounts. Pit sentiment bearish.-Babcock.
 Corn evidently remains break buy. Iowa weekly report only 50 to 65 per cent of Iowa corn is safe from ordinary killing frost: remainder needs fully 10
The Birmingham age-herald., 1917-09-27
Birmingham Live Stock

Unfon Stock YardS) Fed Steers: Good to Choice-7@71ac Medium to Good-6G7c. Common to Medium-6@61ac. Grass cattle. according to weight. quail ity and flesh: Steers--6@7c. Fat Cows-61s@7c. Medium Cows-51a@6c. Cutters-5@511c. Canners-41z95c. Heavy Bulls-6@7c. Light Bulls-5@51ac. OxenA@6c. Fat Yearlings-5@6c. Medium Yearlings-4h@5c. Vealers-61a@7c. Hogs: Choice Corn Fed Hogs. 1s5 and Up 16@1e1ac. Choice Corn Fed Hogs. 1855 to 15o-15 Q16c.
 Choice Corn Fed Hogs. 90 to 1S5-14015c Light Pigs 90 pounds down-11@12c. Best Heavy Rough Hogs-13@14c. Half Fat Hogs-11@12c. Soft and oil hogs from 1c to Pc per pound less than above prices.
The Birmingham age-herald., 1917-09-27
COTTON GOSSIP
Weather

Weather
 Map shows favorable conditions. gen. erally cloudy. Atlantics: No rain except at few stations. Generally fair western and central belt; no rain except parts of Oklahoma; no storm danger shown by map so far. The disturbance seems held town to extreme southern end of Flori- a. Rains Amarillo IA; Oklahoma City. 4; Jacksonville, Fla. .12; Wilmington.
 US; Chattanooga, 01; Anniston, .6O.- Roller.
 storm warning: The weather bureau says that the hurricane is now moving
 north northwest, which would indicate that it is headed more toward the mouth of the Mississippi river than Mobile. The weather bureau reiterates it's storm warning of this morning. The hurri- cane is apparently headed for the center of the cotton belt, unless it curves
 sharply in it's course across the belt Gluck.
 Storm warning: Tropical disturbance evidently central this morning near lat itude 25> north longitude 85 west; appar- ently moving north northeast. Further advices later on.-Cline.
 From this latest storm notice it looks
 like storm cutting over southern end of ] Florida into Atlantics, and danger pass ing, but the possibility of recurving is yet there.-Kofler.
 I Forecast-Lousana, tonight unsettled; I Thursday probably occasional rains. Ar 1 kansas, tonight and Thursday unsettled; | probably showers and cooler north and , west. Oklahoma, unsettled; probably
 showers, colder; frost northwest if
 weather clears tonight; Thursday gener- ally fair, cooler. East Texas, unsettled; l local showers; cooler tonight; Thursday I local showers east generally fair west.
 cooler; northwest Texas, generally fair, l colder north, probabiy frost in Panhandle 1 tonight; Thursday fair. North Carolina 1 and South Carolina, cloudy. Georgia, generally cloudy tonight; Thursday prob ! ply rain tonight; Thursday probably rain north tonight; Thursday probably show CTS. Central and south Alabama, proba- Ely rain tonight; Thursdayp probably rain except far north Mississippi, probably showers tonight and Thursday.-Kofler. | New Orleans: Hurricane warnings
 have been ordered on the gulf coast from | Mobile to Apalachicola, and northeast | and southeast storm warnings on the re- mainder of tEc gulf coast of Florida to l Key West; no reports have come tonight l from the Guls of Mexico indicating lie | exact location Of the distui bance. The 1 weather bureau late today issued the fol- l lowing advisory:
 1 Advisory: Hurricane warning p. m Appalachicola to Mobile The tropical disturbance was central at Eoon near l the extreme western coast of Cuba. Il probably will strike tie middle gulf coast I by "Wednesday night or Thursday morn fv,tR <,p r,D ri a
 of Mexico. hcnce m exact fu-et est of th2 storm track Is impossible and all places
 on the coast between Mobile and New 1 Orleans arc advised to take all necessary
 precautions. although the storm may not 1 reach them"
The Birmingham age-herald., 1917-09-27
New Orleans Futures
Port Cotton


 New Orleans: Middling. 2S.SSc; receipts, 3O46; sales, 1341; stock, 9S,043. Galveston: Middling, 24.50c; receipts, 9s4s; exports, 11,936; sales, 1072; stock, 153 892.
 Mobile: Middling, 23.75c receipts, 1153; sales, 20; stock, 15,969. Savannah: Mlddling, 24c; receipts, 776S; sales, 2324; stock, 1O5,0 Charleston: Middling, 2311c; receipts, 206O; exports, 50; sales, 11,791. Wilmington: Middling, 231zc; receipts, SS9: stock, 4S,409
 Texas City: Stock, 90. Norfolk: Middling. 24c; receipts. S1S; sales, g; stock. 30,534. Baltimore: Stock, 23.645. Boston: Middling, 25.35c; receipts. 200; stock. $500.
 Philadelphia: Middling. 25.25c; receipts IS; stock, 5120.
 New York Middling, 25c; receipts. 2170; stock 55.244: Minor rolts; Stock. S394. Y Total today: Receipts, 24496 exports. if.9S6; stock, 565, ,070. Total for season: Receipts, s2e.1s2; ex- ports, Gys, ,29A
The Birmingham age-herald., 1917-09-27
Spot Cotton
Pig Iron
Metal Market

New York, September 26-Metal sx- change quotes tin quiet. Spot. $6l .5cQSa at London, spot copper R110; futures a110 electrolytic. s13O; spot tin e245 los: fu. lures f242 los.
 New York, September 26-The meta, exchange quotes lead quit: spot. s.12 spelter dull, spot East St. Louis deliv. cry, s.12qS.S7. At London. lead spot. a3' | los; futures s2s 1os; spelter. spot. e54 futures, $50.
 Note-In regard to New York copper
 the government has fixed price at $23 6'
 and 1t will not be carried hereafter-Asso
 ciated Press.
The Birmingham age-herald., 1917-09-27
Bonds
Money Market

New York, September 26.- Mercantile paper. 5A per cent; sterling. 60-day bills. S472; commercial 60-day bills on banks, $4.71k; commercial 60-day bills, A.T1as; de- mand, $4.75 9-16 cables, $4.76 7-16 Bar silver, $. .0s3x. Time loans, strong; 60 days, 6h per cent; 90 days and six months. 6 per cent. Call money strong: high per cent: low per cent; ruling rate per cent; closed 4ls@5 per cent; last loan per cent. Francs: Demand. 5.7SN; cables, 5.77A. Builders: Demand, Az; cables. l34k Lires: Demand 7.72; cables, 7.7z Rubles: Demand. 16h; cables. 167s. Mex ican dollars. S4c. Government bonds steady: railroad bonds, irregular.
 London. September 26.-Bar silver, 64d per ounce. Money. per cent: discount rate. short bills. AZ per cent; three months' bills. 13-16 per cent.
The Birmingham age-herald., 1917-09-27
Private Wire Flashes

Builish Journal of Commerce on Ala bama, Mississippi, Louisiana fear un- favorable weather and bullish bureau may give temporarily higher market Cothran to Mike.
 Rumored Clement Curtis condition un- der 60.-Hutton.
 cable received says French govern ment restricts imports of cotton. causing selling. Galvesto exported today 11.S36 bales-Gluck.
 Liverpool resumes trading Monday with basis good middling instead of middling, as formtrly.
 Following are rules for trading at Liv- erpool: Trading in futures will be re- opened on October 1, under following reg uiations: Basis of contract will be good middling instead of middling. Trading will ue in single months only and will be permitted only for five months ahead, th. first month to be January. 1918. Fluc- tuations on any one day may not vary more than one penny from previous clos iag. Any ciass of order may be executed for subjects resident in British empire o. countries allied with Great Britain, but no order may be accepted from any per- sons resident outside of the countries mentioned Jobbers permitted to trading under the old rulings governing the liqui- dation of spots.
 Beth government reports October 2. Some buying on change in storm move ment, which means storm headed for Texas, Also some buying bullish weekly weather report.
 Washington advises storm moving northwest instead of northeast. Cothran. The increasing certainty that hurricane will hit the cotton belt Is putting the market up.-Gluck. Scales says this is the proper time to buy cotton.-Wagner. Wall street and west buying aeain.- Hubbard.
 Wall street houses started selling found no market Hubbard Cable report from private sources that French government has stopped imports of cotton,-Kofler.
 Failure of storm to materialixe causing
The Birmingham age-herald., 1917-09-27
Clark's Letter


 Our market opened to 10 up on storm buying, but broke rapidly to 2275c Tor December on preliminary news that the storm was taking an easterly course. It steadied. then rallied to 23c on buying on prospects of rainy weather, Wash- ington forecast of light frost in north west Texas and Oklahoma, and the ex- pectation of bullish weekly government re port This expectation was fulfilled as the report says cotton deteriorated over eastern half of the belt It's maln importance, however, lies in the state- ment that the crop is one to two weeks late in the central portion of the belt and two to three weeks late over the nol thern portion. In this way the gov ernment points out the danger of frost damage.
 The varying character of news prom ised nervous market like yesterday, with wide fluctuations and good chances on both siGcs of the markets.