davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1917-02-02
Produce Market

New York. February 1.-Butter firm; receipts. 61s1; creamery. higher than extras, 42@42Ac; extras. s2 score. 41hc asked; firsts, S63s@41c. Eggs, firm; receipts, 6093; fresh gathered extra fine, 46@4 47c; extra firsts. 451lc: frsts, 444 O 45c; seconds and lower grades, 4s @ 44c; refrigerator seconds to firsts, 37h @391ac. Cheese, firm; re- ceipts. 1743; state whole milk, flats, held, specials, 250251sc; state. aver age fancy, 24M @25c. Poultry. dressed firm; chickens, 200 2sc; fowls. ITO 24c; turkeys. 20@3 34c. Live. steady; chick CTS. 20@21c; fowls, 22@2Sc; turkeys. a5c.
 Chicago, February 1.-Butter un- changed; receipts 3718 tubs. Eggs, higher; receipts. 1859 cases: firsts, 43c; ordinary flrsts. 400 42c;. at mark. cases in cluded, 40@43c. Potatoes, un- changed; receipts. s2 cars. Poultry, alive, unsettled; fowls, 1sc: springs, 21c; turkeys. 1Sc.
 St. Louis, February 1.-Poultry, un- changed. Butter, creamery, s9c. Eggs. 40c.
 Kansas City. February 1.-Butter. eggs and poultry, unchanged.
The Birmingham age-herald., 1917-02-02
BREAK IN COTTON
 BIGGEST IN HISTORY
Tremendous Loss at Open ing of Market Partially
 Regained Later

New York, February 1.-The announce ment of the German blockade caused the biggest break in the history of cotton trade at the opening of the cotton mar ket here this morning. May contracts sold off to 12.50c, a new low record for the season and more than s25 per bale un- der the closing price of last night before the call was completed. Almost as sud- den a rally followed to 17.25c for that de- moralized and later fluctuations were violent May closed at 1514c, a little bet ter than midway between the extremes of the morning and the general list closed feverish at a net decline of 211 to 254 points.
 The report of Germany's new naval pol icy came as an absolute surprise to the trade. The market yesterday had ad- vanced on more optimistic view of peace prospects and the abrupt change from cheerfulness over the outlook to the various apprehensons inspired by the blockade statement brought in selling or ders from all directions At the start,
 indeed, it seemed as though everyone wanted to sell at once. The opening was cnly 30 points lower on February, an inactive month, but 261 to 273 points below last nights closing figures on other deliveries. At the lowest prices reached on the call, present crop deliv- cries which contained the largest specu- lative interest sold 2T4 to 516 points net lower, with March touching 13.75c and July 13,90c. New crop months sold 235 to 26s points lower, with October touch- ing the 14-cent level. The quick rally which followed carried March and July up to the 15-cent level, a recovery of about 300 to 475 points, but this bulge met heavy selling orders from outside sources. Liverpool and trade interests were good buyers and the volume of busi- ness gradually tapered off, but various runors of diplomatic or shipping develop n1ents. kept the market in a perfect tur- moi of excitement. Frequently there were fluctuations of from 15 to 25 points between sales, but prices held between the early extremes, and the close was at a recovery of about 119 to 2e4 points on old crop and 24 to 55 points on new crop months. as compared with the low level of the morning The few wires received here from the south said that spot hold CTS had withdrawn offerings and heavy southern selling was attributed chiefly to liquidttion.
The Birmingham age-herald., 1917-02-02
.FRENZ|ED TRADING
 ON STOCK MARKET
German Note Causes Selling to Go to Height and
 Values Shrink

New York, February 1.-The stock mar ket was put to another supreme test of it's endurance today. Germany's unexpect- ca announcement of her intention to re- new submarine operations on a broader and more unrestricted scale, causing an all round shrinkage of quoted values
 Selling was at it's height in the first hour, when the trading was of frenzied character and lowest prices were made. Italics of to points, with as much as lo points for Utah copper, were registered before midday. Recurrent liquidation took place after o'clock, driving prices back to or near initial minimums.
 The movement lacked the enormous ir- divldual offerings of last Decembers fe- verish markets. Except for United States Steel and some of the metals, declines, While extensive in the aggregate, were on an orderly basis after the early out burst, which probably resented invoun- tary unloading of margined or speculative active accounts
 large proportion of the days offerings was reported to have come from out-of- town points. The further selling of the lnal hour derived impetus from rumors that severance of diplomatic relations with Germany would be announced later in the day
 With few exceptions every stock in the active list declined measurably under the LOW pilceS or last month, lncluolng Unlted States Steel, which fell to 99 and closed at l02s4, a net loss of 9A points on sales approximating 600,00o shares, or about 90 per cent of the total operations of 2 100, 900 shares Bethlehem Steel broke 36 points and rallied 10, shippings lost 10 to IS, making only feeble rallies. and rails at gross recessions of to points closed mostly at lowest levels.
 Little attention was paid to the weak ness of foreign exchange, with marked concessions in rates on Berlin and Vienna and new low record for fires, or Ital- ian renittances.
 Virtually every international bond of the many issues resulting from the war sold at lowest prices since their fiota- tion in this market, Paris 6s breaking 2& points, with American-foreign securi- ties 5s down 1ss.
 Domestic bonds were heavy to weak. speculative rails falling abruptly. Total sales of bonds par value, aggregated S6, ,55O,000.
 United States bonds were unchanged on call.
The Birmingham age-herald., 1917-02-02
GRAIN AND PRODUCE

Chicago, February 1.-Breaks that were foreseen today in the price of wheat turned out to be much worse than had been generally looked for, but the downward plunge from the market was ended far quicker than most traders were expecting. Solely as the result of Germany's notice of sea war without limit. wheat values made an Instantaneous sheer descent of 15Ac. Within 20 minutes, however, the market had rebounded 9c, selling of panic sort was over. and there after prices kept inside of a Dc range, closing unsettled As @sAc net lower with May at s1.63;Q16SA and July at $1.41h @1.41%.
 Extreme declines in corn and oats were, respectively, 45sc and 5ssc, but the final figures showed losses as conn pared with yesterdays finish to have narrowed to the following; Corn, 2ss .@2%c, oats 1k @2%c and provisions 52h 55c to $1.671a.
 Just before the bell sounded one trader shrieked, Sell May at 65c." In the chaos that followed this first of- fer and the opening bell received not the slightest attention. May wheat in which the chief interest centered and which had closed yesterday at s1.71 B, crashed down to S1.56, and there was no initial sale record higher than $1.63, just Pc below the earliest offer. Sell ing on a tremendous scale continued fx, Gxr1 lin. utes, but then the pressure began to slacken a little and the market, though auctuating violently for the next quar- ter of an hour, was less one sided. Gen eral expectation that the utmost de- cline would not greatly exceed 1Oc as bushel had proved wrong by more than 5c, but was not making itself felt as steadying influence. Further stabili- ty resulted from wholesale profit talk ing. Another influence toward the restoration of comparative confidence was the announcement that after hay~ ing been tied up over night the trar- fic in and out of New York harbor had been resumed.
 In later dealings, the nervousness Of the wheat crowd was renewed by re- ports that railway embargoes were spreading and by Washington advices
  with Germany was not unlikely. At no time during the session, however, was there return of the demoralization which characterized the opening, when at the worst of the collapse the mar ket was sent down 39A c bushel from the European war price here, $1.95% for May.
 Estimates were current tonight that a single firm here has sold short with in the last few weeks nearly 30,000,0 900 bushels of wheat. Another concern was said to have purchased today 3,000,o00 bushels.
 Corn and oats gave way and rallied with wheat. The fact that neither of the coarse grains is exported to near ly as great degree as breadstuffs pre- vented such sensational action as was shown by the more expensive cereal. Trading was unusually active, but out side of the first half hour the changes in price were extraordinary.
 Provisions shared in the general weakness. The greatest decline was in pork.
The Birmingham age-herald., 1917-02-02
MORRIS AVENUE

Eggs were again the main topic on the avenue yesterday. The product of the hen was a scarce commodity and no quick relief was in sight. Storage eggs are out of the market and with rush of country eggs the first of the week prices dropped. The present winter has been so-changeable as to weather conditions that the laying of hens has been up and down. The pres- ont cold snap will add more egg trou- ble and chances are that prices will go up again
 Business was good on the avenue, with stocks normal and prices firm.
 Cotton went off 1c in all grades
The Birmingham age-herald., 1917-02-02
Coffee Market

New York. February 1.--While the Ger man blockade announcement caused great nervousness and uncertainty in the mar ket for coffee futures and led to active evening up of old commitments, fluctua- ttions were not particularly violent Clos ing bids: February S.37c; March s. 42c: April, S.4Sc; May. S.53c; June S. 57c; July. SEC; August, S.67c; September, s.72c; Oc- tober, S.75c November, S7sc; December. S.s2c; January Ss6c
 Spot coffee unsettled; Rio Is, 1oc; Sam tos As. 10l@c Rio reported a clear ance of 1S,Odo bags for New York Bra zilian port receipts. 17000. Jundiahy, 10,- 000 -,'-
The Birmingham age-herald., 1917-02-02
Live Stock

Chicago, February 1.--Hogs: Re- ceipts, s5,oOO; lower; bulk $11.50@ 11.9O, light s11.20@12. mixed s11.sO@ 12.1o, heavy 1.S5@12.15, rough s11.35 @11.5o, pigs s9eo@1O.s0
 Cattle: Receipts, $500; steady: na- tive beef cattle S7.75@11.95. western cows and heifers s5@1o.25, calves S10.50@1425.
 Sheep: Receipts, 10000; higher; wethers $1025@11.65, ewes S7.50@10.50, yearlings s12.5o@ 1850 lambs $11.S5@ 1450.
 St. Louis February 1.--Hogs: Re- ceipts, 11,500; lower; lights $11.30@ 11.70, pigs $9@10.75. mixed and butch- CTS s11.40@11.8o, good heavy $11.75@ 1l.S5, bulk $11.45@11.8O.
 Cattle: Receipts, 3500 lower na- tive beef steers $7.50@11.75, yearlings $500 1150, cows $5.50@S.75. stockers $5.30@8.50. Texas quarantine steers $5.50G $50, prime southern beef steers $S@11, beef cows and heifers s4.75@ g. prime yearlings $7.50@10, native calves $6@1450
 Sheep: Receipts, 75O; steady lambs $i2.75@1450, ewes $6.50I10.5O, yearl :. Iings s11@12.25.
 Kansas City, February 1.--Hogs: Re- ceipts, 5000; lower; bulk $1160@12, heavy s11.s0@12, packers and butchers $11.60M 1210. light $11.30@11.S5, pigs $9.6566 11.25.
 Cattle: Receipts. 2OOo, including 10o southerns, lower; prime steers s11 a 1i.75, dressed beef steers sS.75 co TO- S5, southern steers $7@9.50. cows s6@9.50, heifers $7@11, bulls s6.50@S50 calves $7@13, stockers $6.75@10
 Sheep: Receipts, 33Oo higher; lambs s12.65 14.50, year1ings $12@13, weth- CTS S10@11, ewes $9.75@105O
The Birmingham age-herald., 1917-02-02
Cotton Seed Oil

New York. February 1.--Cotton seed oil broke nearly half cent a pound to- day under general liquidation and stop loss selling on the more acute interna- tional political situation. and with the weakness in all commodity markets and Wall street. Final prices were 40 to 45 points net lower.
 The market closed easier Spot, 12.20c bid; February, 12.1S@12.40c: March 12.2b @ 12. 26c; April, 11.99@12.04c; May. 11.s6 O 11.9Sc; June. 11.96@199c; July, 1196 @11.97c; August, 11.92@11. September, 11s0@11.9oc Total sales, 55,700.
The Birmingham age-herald., 1917-02-02
Improvement Ordinance No.
 945-C

An ordinance to provide for certain
 Improvements on Eighth avenue,
 south (formerly Avenue HI. from the
 west curb line of Twelfth street,
 south, to the west property line of
 Fifteenth street, south.
 Be 1t ordained by the commission of the city of Birmingham as follows:
 Section l. That the. gutters adjoin- ing the curbs on both sides of Eighth avenue, south. from the west property line of Fifteenth street, south, to the east curb line of Twelfth street. south, and to the north and south property lines. respectively. on Eighth avenue south. at Twelfth, Thirteenth and Four teenth streets, south, shall be paved with Portland cement concrete gutter paving for width of two (2) feet. except adjoining the circular curb corners of Twelfth street. south, and Eighth avenue, south, the northeast and southeast. northwest and south west corners of Eighth avenue, south, and Thirteenth and Fourteenth streets, south. which shall be paved with vit- rified brick paving on concrete foun- dation, for a width of two feet.
 That the brick alleyways at tho in- tersection of Twelfth street alley, south, and Eighth avenue south, and the brick alleyway on the south side of Eighth avenue. south, at the inter- section of Thirteenth street alley. south. shall be relaid for a distance of four (4) feet back of the curb lines, to conform to the new gutter grade.
 That storm sewer inlets shsil be built on the north and south curb lines of Eighth avenue, south, at the east and west property lines of Four teenth street, south.
 That the storm sewer inIets at the northeast and southeast corners of Eigth avenue, south. and Twelfth street, south, and at the south curb line of Eighth avenue. south, about 100 feet east of Fourteenth street. south. shall be rebuilt.
 That stone headers on concrete foundation shall be placed across the roadways of Twelfth street, south,
The Birmingham age-herald., 1917-02-02
Bank of England Statement

London, February 1.-The weekly state- ment of the Bank of England shows the following changes: Total reserve de- creased &774. .000 Circulation increased eS16,000. Bullion increased e1,672. Other securities decreased e2,1O9,000 Public de- posits decreased a5,597 600. Other deposits increased e29,545,0 GOO. Notes reserve de- creased G777,0o0. Government securities increased e2e. .943.O00 Proportion of the banks reserve to liability this week, 1868 per cent; last week it was 1010 per cent. Rate of discount 5ih per cent.
The Birmingham age-herald., 1917-02-02
Chicago Grain

Chicago, February 1.-Wheat, No. red, nominal; No. 3 red, $1.63; No. hard, nominal; No. hard. $1.64. Corn No. 3 yellow, s6A @97c; No. 4 vel low, s3@93Ac; No. 4 white. 94@95Ac Oats, No. white, 511A Q 5Sc; standard 52@ 53c. Rye, nominal barley, SIC 1.a7: timothy, $3.50@5.5o; clover. $12@ 17.50. Pork, $2S.25; lard, $15.72; ribs $1462@15.12.
The Birmingham age-herald., 1917-02-02
Hubbard Bros. & Co.

Cetton Merchants, Hanovcr Square. N. Y. Members New York Cotton Exs change. New Orleans Cotton Exchange New York Produce Exchange. Associate Members Liverpool Cotton Association
 Orders solicited for the purchase ana pale of Cotton and Cotton Seed OiF for future delivery. Special attention and liberal terms given for consignments of Shes inyifed. Nj, .... z. NM \, 1 's
The Birmingham age-herald., 1917-02-02
Liverpool Market

Liverpool. February 1.-Cotton. spot. in moderate demand; good middling, 1113d: middling, 11.0sd; low middling. 1U.S5d: sales, 1000 bales; receipts, 1000 bales; futures closed unsettled; Febru- ary, 10.15d; February and March. '10.14d; March and April, l0l5d; April and May. 1010d; May and June, 10.10d; June and July, 10.05d; July and Au- gust, 10d August and September, 9.S0d: September and October, s.57d; October and November, 9.45d: Novem- Der and December, 9.SSd; December and January, 9.35d; January and Feb- ruary, 9.32d.
The Birmingham age-herald., 1917-02-02

70 13-1s; fires. demand, 7.S2; cables. 7.31; rubles, demand, asa; cables, 2s E; bar silver. 76% Mexican dollars, 59H; government bonds, steady; rail- days, 21S @3; 90 days, 2% @3 six motnhs. sA @Sk. Call money firm
 hish. 3; low, 2: ruling rate, 2; last loan, 3; closing bid, 2; offered at 8.
The Birmingham age-herald., 1917-02-02
Bank of France Statement

Paris February 1.-The weekly state nent of the Bank of France shows the following changes Gold in hand increased 10,139,000 francs. Silver in hand de- creased 2,S67000 francs. Notes in circu- lation increased lS612S,000 francs Treas ury deposits increased 3,S04,000 francs. General deposits increased 5, ,3S9, 600 francs. Bills discounted increased 14S14- 000 francs. Advances increased 1590O0 francs
The Birmingham age-herald., 1917-02-02
Metal Market

New York, February 1.-Copper firm; electroytic first, second and third quar- ters, s2e.50d32.50 Iron steady and un- changed. Metal exchange quotes tin un- settled; spot, s4750G150 At London, cop per, spot, e134 5s futures, e13o 5s; elec- trolytic, e145. Tin, spot, a195 Is Sd; fu- lures, e196 Is Sd. The metal exchange quotes lead sS.25 asked spelter unset tied; spot, East St. Louis delivery. $9ss@ 9s4. At London, lead, e90; spelter, e53
The Birmingham age-herald., 1917-02-02

Kansas City Grain

Kansas City, February 1.--Cash wheat No. hard, $1.s4@1.71; No. ? red, s1.65@1.69. Corn, No. mixed. s4 @95c; No white. 94@95Ac; No. vel low, 94@s5c. Oats. No. ? white, 55@ sec; No 2 mixed, 55@57c.
The Birmingham age-herald., 1917-02-02
New Orleans Futures
New Orleans Spots

New Orleans, February 1-Spot cotton nominal and unchanged. Sales on the spot. 507: to arrive, 40 Good ordinary 15.6sc; strict good ordinary, 16.1s; low middling. 16.6sc; strict low middling. 1694c; middling. 17.1sc: strict middling, 17.3Sc; good middling, 17.56c; strict good mid ding, 17s1c; receipts. Sol; stock. AS. .121.
The Birmingham age-herald., 1917-02-02
Naval Stores

Savannah, February 1.-T1rpentine dull, ,51c; sales, none receipts, 2S;
 shipments, 7s; stock, 16,660. Rosin firm; sales, none; receipts. 3SO ship rlents, .50; stock, 77,746; quotations, A, E. c, D, E. F. G. H. I. K, $6.s0: M, so,S5; N. $6.So; VIC. $s.7O; wv, $s.so.
The Birmingham age-herald., 1917-02-02

day. There was little or no trading in yarns on account of the break in cot ton. Buyers preferred to remain quiet during the international uncertainty and sellers have been sufficiently ac- tive to enable them now to refrain from offerings goods Buyers of gen. eral dry goods are continuing their purchases in more careful way for al
The Birmingham age-herald., 1917-02-02
St. Louis Grain

St. Louis, February 1.-Wheat No. 2 red, nominal; No. ? hard, $1.74; May. $1.63A. Corn. No. 2, 951sc; No. white. sG@961sc; May, 97ssc. Oats No. 2,
 521ac; No. ? white, nominal; May. 52c.
The Birmingham age-herald., 1917-02-02
Bonds
Mercantile Paper

New York. February 1.-Mercantile paper, 3A @31a sterling 60-day bills, 4.721s commercial 60-day bills on
 banks, 4.72A; commercial 60-day bills. 472A; demand. 4.75.80; cables, 476 7-16; francs, demand, 5.S4A; cables, 5.83N; marks, demand, 67; cables, HA; kronen, demand. 10h; cables, 10x; guilders, demand. 10%; cables,
The Birmingham age-herald., 1917-02-02
Rice Market

New Orleans. February 1.-Both rough and clean rice was steady today with quotations unchanged. Receipts, clean, 1O61 pockets; sales, clean Hon. duras, 100 pockets; blue rose, 95S pockets.
The Birmingham age-herald., 1917-02-02
New York Futures
Port Cotton Market

New Orleans: Midd1ing, 17.19c; re- ceipts, 301: exports. 7029; sales 977; stock, 44S.121
 Galveston: Middling, 17.S0c; receipts, S599; stock, 306,352
 Mobile: Middling, 1725c; receipts, 220; stock, 11,727. .SfSavannah: Middling, 1S.50c receipts, 647: stock, 17S.543
 Charleston: Receipts, 4s2 stock, 5o,- 654
 Wilmington: Receipts, 21; stock. 52.- 067.
 Norfolk: Middling, 17.sSc; receipts, 720; stock, 97629.
 Baltimore: Stock, 1865
 Boston: Middling, 17.55c; receipts A.; stock, 11.100.
 Philadelphia: Middling, 15c; stock,
 New York: Middling, 14.75c; receipts. 40; stock, 151,S9S
 Minor ports: Stock, 5S.564
 Total today: Receipts, 11,054; ex- ports. 7029; stock. 1.3S0,9s5.
 Total for week: Receipts, S3,570; ex- ports, S3,053. Total for season: Stock, 5.52S.14s; ex- ports, 3,746,702
The Birmingham age-herald., 1917-02-02
Fairchild & Co.'S Letter

New York, February L--(Special )--Ger- many's note to the United States, which yesterday was expected to be concila- tory in tone, and which caused the rally in yesterdays cotton market. proved to be the reverse. The central powers fore- swore all previous pledges and announced 9 resumption of ruthless submarine war fare to date from today. Cotton. wheat, stocks and all other commodities had a sensational collapse at the opening of the various markets. The outcome of the present situation is conjectural.
 K It would seem, however, as if the ten sion had reached the breaking point and that an actual violation of the Sussex agreement or further loss of American life would lead to severance of diplomatic relations with Germany and her allies if not actual declaration of war by the United States. Predictions as to what cotton may do under existing conditions are worthless. It is a market to watch, rather than in which to act Wild fluc- tuations are probable. Politics will domi- nate the course of prices in all markets.
The Birmingham age-herald., 1917-02-02
Sugar Market

New York, February 1.-The local mar ket for raw sugar was comparatively quiet today Final prices were 37sc for Cubas. cost and freight equal to 4s9c for centrifugal and 402c for molasses.
 In refined the market was unsettled by the German note and the continued labor difficulties at some of the leading re- finef1es. Prices were unchanged at 6.75c for fine gIanulated, but business was very light.
 Sales were 1s350 tons. March sold from with final prices 8 to 10 points net lower. S.s5c to 3s3c, closing 3SSc; May, 3.94c to S90c, closing 3.soc; July. 4.o2c to s96c, clos ing S.sec; September, 4.o4c to s9Sc clos ing 3.99c.
The Birmingham age-herald., 1917-02-02
Ordinance No. 451-C

An ordinance granting to the American Cast Iron Pipe company, body cor
 porate, a franchise to construct,
 maintain and operate spur track
 nt North Birmingham across Third
 street, west.
 Be it ordained, by the commission of the city of Birmingham, Ala, as fol- lows:
 Section l. That the right. power and authority Is hereby granted to the American Cast Iron Pipe company, a body corporate, it's successors. li- censees, 1essees and assigns, to con struct maintain and operate a single spur track of railroad branching off from a railroad of the Republic Iron and Steel company in section 22, town ship IF, south, range 8. west, and run ming to the plant of the American Cast Iron Pipe company, and crossing Third street, west. at point three hundred and five (305) feet south of the south line of the northeast quarter of the northwest quarter of section 9, town ship IT, south, range 8, west. in Jeff ferson county, Alabama. as shown by blue print map on file in the office of the city engineer identified as file No. -
 Sec. 2. Said spur track shall be con. structed and maintained in such man. ner as to tmpede as Httle as possible travel along and across the public highways, streets, alleys and public grounds in and along which said spur track shall be located. and in accord ance with the grades now or hereafter established. and the said American Cast Iron Pipe company. It's successors and assigns, shall at all times keep said spur track, where the same crosses the said public highway. and the portions of the highway lying be- tween lines drawn parallel to and IS inches from the outside edge of the rails of said track. in a safe and prop CT condition.
 Sec. 8. The American Cast Iron Pipe
 
 may occur in such an event, 1t is dif- ficuit to foretell. It Is going long way though to speak about war yet. A diplomatic rupture does not neces- sarily mean war.