davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1918-09-01
ADVANCING MARKET
 CAUSES CAUTION
Sellers of Dry Goods Can not Lift Prices Above the
 Government Prices

New York, August 31.-An advancing cotton market has tended to make sellers of goods more cautious tha never as they cannot hit prices above the level fixed by the government. These prices were based upon cotton at 90 cents a pound, while spot cotton advanced to new levels during the week, above 37 cents per pound. The government has promised another revision of cotton goods prices before October l, and If it is to be an up. ward move, sellers wish to get the ben. eft of it. Recent price lists issued on wide sheetings show very little reduction and prices asked on many finished goods have not yet shown decrease. But the advancing tendency has been checked. Converters are hesitating about making further commitments and mill5 are not seeking business as they have many old orders yet to fill. Jobbers report t6at retailers are taking in good.t steadily On old orders but are slow about putting down new business for late delivery. Trade In many directions is still being held back by war uncertainties. Ine mills still have all the work they car do. but they are not turning out ca pacity output except where government orders ire being filled. Whatever delays in production ol delivery are being suf- fered are made to apply to civilian busi- ness. Further large government orders came i- f,r duck, gauge. twills. drills and aeroplane cloths. Prices quoted are as follows: Print cloths, 2S-inch, 6fx6is, l2Ac, e4x6os, 1ls4c 3S1at inch, 6ix6fs, lelsc; brown sheetings southern standards. 20Mc: denin.s, 2.20 southern indigo, 37lsc nominal; tickings, S-ounce, 42i1c; prints 22c; staple g:nghams, 19lAc; dress ging- hams, 22c and Pfc.
The Birmingham age-herald., 1918-09-01
A Home in Jerusalem

Maj Theodore Waters of the Christian Herald, who is organizing relief work in Palestine, gives this graphic picture of the destitution found in Jerusalem:
 We entered the old city through the crooked alleys which are called streets here. Some of these were covered ways, and on the roofs were stone novels il which people lived out their lives The stencil of centuries was in the air of these tunnels Strange people watched us curl ously, and l thought resentfully, as we stepped gingerly along in our endeavor to avoid the filth under foot The place seemed to be one long lavatory. After while we came to an old door in the wall. Our woman worker, who had been there before, turned and pushed open the door and began mounting a flight of stone steps They turned and curved and at last stumbled out upon an in- closure-or what might be called an ele- vated yard-around which was collec- ton of stone novels. Everything is built of stone in this country. Faces appeared at the bleared windows of the novels and then people began to come out of the doors. Evidently we were an event in the community Going up to the closed door Of one house, our worker pushed it open and peered within. A woman, with streeling hair and very little clothes, vel comed her and pointed to what I at first thought was heap of rags on the floor
 The woman touched it gently with her dirty bare foot. There was a convulsive movement of the heap. Some of the rags uplifted. and out peered the beared face of an emaciated man. He looked curiously into the face of our woman worker. and then fearfully at the doctor, for the later, being of the Red Cross, had on the uniform of a captain in the Unite ed States army, and the people, driven As they have been by Turks in uniform ever on the lookout for extra taxes, look at all uniforms askance. Reassured, how ever. he told his symptoms and was pre- scribed for with as much dispatch as was consistent with an examination
 There was but one room in this house and that room had pro4ably been as it was for a thousand years. There was practically nothing in it as far as could see; heaps of clothing in one corner, not a table not a chain. but children, near naked. moving about under foot.
The Birmingham age-herald., 1918-09-01
Clearing House Banks

New York, August 31.-The actual trust companies for the week shows that they hold $55,327,75o in excess of legal requirements. This is decrease of s4.027, 4S0 from last week
 The statement follows:
 Actual Condition-Loans, discounts. etc, 1000; decrease s51,67S, ooO. Cash in own vaults, members federal reserve banks (a) $95. 3,oOo; decrease $S3o7,o0o. Reserve in federal reserve bank of member banks, $52S,62S, 900: increase s1,403, 900. Reserve in own vaults, state banks and trust com panies (b), $11,287,0 900; increase S2S, 900. Reserve in depositaries, state banks and trust companies. sS,377, 900; in- crease, s370,0o0. Net demand deposits United States deposits deducted $2l6,- 255,oOo), sS.6s2, 421 ,ooo; increase, s45,- 252 900. Net time deposits, s15s, ,40a, 900; decrease, s1,195,000. Circulation, S35,- 705,000; decrease, $10,00c Specie includ- ed in (a) and (b), $59,915, 000 1T AgGre- gate reserve. S543, 232, 900. Excess re- serve, $55,S27,750; decrease, $4,0274SO, Summary of state banks and trust companies in Greater New York not in- cluded in clearing house statement: Loans. discounts, etc, $725.37s, coo. de- crease, $s,611,so0. Gold, s1p,66s,1oo; in crease $29,900. Currency and bank notes, $14,139,500; increase, $S3,y De- posits with federal reserve bank, New York, S55,257,700; decrease $56.000. To- tai deposits, $760,716, 900; decrease, s14,- 69S,000 Banks cash in vault SIS, 3,69s,- 400. Trust companies cash in vault, 66,361, 300.
The Birmingham age-herald., 1918-09-01
The Overestimated Hun
John H. Patterson, in Leslie's.

Jonn ii. FatterSOn, In Leslie s.
 German efficiency has been over-esti- mated. Germany has invented almost nothing. She has initiated or stolen from other nations especially from Afnerica German manufacturers have stolen our own conipany's inventions and. at one time. even our name. America is five times as efficient as Germany. One American soldier, properly equipped. is equal to fiv. German soldiers. See what we have invented for peace: Steamboat. telegraph. cotton gin, sewing machine. airbrake. typewriter. phonograph. mod ern printing press telephone, eIectric light, trolley car. railroad train, sleep ing car, reaper, binder, thresher. high speed elevator. skyscraper. tractor. cash register. turret-lathe, cheap automobile. steel, gas engine. dictaphone elevator, storage battery. shoe machin- cry. reinforced concrete, suspension and cantileyer bridges and hundreds of other things. See what we have invented for war: Monitor, Merrimac, and out of them the modern turreted ironclad; torpedo, wireless torpedo. submarine. repeating rifle. macnine gun, revolver. airplane, high explosive and many others. What will we not invent, and do, to save our lives and liberty?
The Birmingham age-herald., 1918-09-01
FINANCES AFTER
 THE WAR IS ENDED
Rx HOLLAND


 New York, August Sl.-tSpecial)-Paui warburg, just after his retirement from service as member of the federal re- serve board at Washington, was quoted as having said that if there are no mis- takes, and in addition to that there be wise management and direction of our financial activities. he could see no req son why the United States would not be able to maintain after the war is ended. the position this country now holds as the money and exchange center of the world.
 Although MT. Warbnrg did not say SO, yet between the lines it was possible to read thought which he may hereafter find it worth while to put into words For it is believed to be clear that he is of the opinion that anything in the way of restrictive legislation which would affect the great securities market, would be likely to be of no benefit to the pub
The Birmingham age-herald., 1918-09-01
STOCK MARKET WAS
 ! STRONG AND ACTIVE
Steel Closed at High, With la Gain of 15-S Points
 Over Previous Close

New York, August S1.-Contrary to .ex- lay. today's short session of he-stock market developed considerable activity tnd strength after its lethargic opening. There appeared to be considerable Bhort covering on the favorable war dis latches and additional good statements f railway earnings. the latter group talk Sg a commanding position
 Investment transportations rose all he way from liberal fractions to a point, sslt the strongest feature was Southern Lilway, in which further accumulation T substantial character seemed 10 of progressing. United States Steel was Dsstant at the outset but got into it's hfide later, rising to 111A, a net gain Of st points. Allowing for the recent reg Ar and extra dividends of IA per cent, uhel approximated it's maximum of the Str.
 yspecialties and related stocks of pool
 sgin were less in evidence, tobaccos. OF and minor equipments lacking def o9e> trend, but hardening in the later lnding, the active list closing at or iArest highest levels.
 hs side from another market contraction
 actual loans, the third successive re- o<etion, the weekly bank statement dis dssed no unusual shifting of money in chnection with September interests and ceidend payments.
 dihere was an extensive inquiry for
 Ends, mainly the international group, Mich again reflected the strength of Weign exchange. Total sales, par value, fo25,000
 sald United States bonds were un-
 Nnged on call for the week.
The Birmingham age-herald., 1918-09-01
BEARS RUN DOWN 1 CORN QUOTATIONS
Oats Declined on Private Report of an Excess Crop
 This Season

Chicago. August S1-A bullish corp re- port by the expert of big brokerage house injected bit of variety to the days news affecting the corn market today, and while it boosted the price for brief period it was inadequate to stern the tide of bearishness and the bulk of the moderate business was done at prices under yesterdays close. The net loss for the day was 4c. with October closing at $l.5o1e The private report made the crop conditions GAS. as compared with 79 a month ago. This would indicate a months shrinkage of 405, ,00oO00 bushels. Much of the trading was to even up ac- counts over the double holiday-Sunday and Labor Day.
 oats were firm early with corn, but declined later on private estimate that the crop at present indicates 72,OOO oc0 bushels in excess of the governments August calculations. No. white oats sold at 2Ac and standard at 1ac under October M
 Frovlsions were dull and worked a lit- tie lower despite higher hogs. Pork closed 25@27Ac under yesterday; lard, 2A@77sc down, and ribs 5c lo;,er
The Birmingham age-herald., 1918-09-01

lie. whereas, on the other hand, it would tend to impair condition which the securities market in the United States has attained as the result of evolution and many years of experience.
 There does prevail some apprehension that legislators at Washington or at state capitals may attempt to secure cer- tain restrictive legislation affecting the freedom which now characterizes the se- curities market.
 Some of those who have had expe- rience and have shared in the activities H the securities market, of which the stock exchange is the center, say that their experience, in some instances be- ginning with the panic of 1857, convinces them that the United States now pos- sesses one of the most important assets Of the nation through the wonderful ma- chinery which is now in daily operation on the New York stock exchange The chief reason for regarding this as an asset which now and hereafter will be or great service not only to the govern ment, but to the people, is the fact that We now have a liquid market subject to very few limitations It is a market in which freedom of action, controlled of course by wise rules which experience has shown to be necessary is the funda- mertal principle.
The Birmingham age-herald., 1918-09-01
Mother-in-Law Is No Joke

Florence Peltier in Worlds Outlook.
 The many jokes and innuendoes about the mother-in-law are a source of won der to people who think, because the av- craze mother-in-law neither deserves such obloquy, nor does she possess, here in the west, the means to make herself so powerfully unpleasant, should her ambition lie that way.
 The person responsibis~or the mother in-law joke must have been a Chinese. and to that person it would be no joke The mother-in-law can be relegated to the jokeshop in Europe and America, but not in the Orient!
 As child the future mother-in- law, except in modern upper class families,
 IS despised because she is girl. At an early age she is betrothed, for that
 mefely means selling her for good sum to another family, who will certainly get the moneys worth out of her. Ordinarily she goes to live with her future husbands family as soon as they have paid for her. Scant consideration she receives there-a poor, homesick lit- tie girl, afraid to shed tears where they will be seen, and nothing more or less than slave to her sometime mother-in- law.
 Ah HSi oaiiy tctnS Sne IS mdrrieQ 10 someone of whom she knows little and whom she may loathe with all her na- ture. He may be a gambler, sufferer from an incurable disease, even an idot, and she has absolutely no protection from him. except through suicide.
 Even though her husband be decent and kindly man, yet she is his to do as he chooses with, and still more she is the helpless victim of her mother-in-law' s whims. If she is the wife of the young est son. she is also the slave to the wives of the other sons.
 Among the lower classes she does the most incredible amount of manual la Dor. under distressing conditions. Nor is there any escape for her from this terrible treadmill, except by bear ing and rearing sons, who, through their betrothals. will supply her with slaves and relief from her life of drudgery- that is. when her mother-in-law dies.
The Birmingham age-herald., 1918-09-01
Traders in Stocks Were Surprised
 At Activity and Strength of List
By JOHN c. MOSES

Bonds today were: 31ks, 1O1.62 first convertible 4s. 94.50; second 4s, 9414; firsr convertible As, 94.42; second con- vertible 4As, 94.1S: third AZ s, 95.0S
 Both the New York and New Orleans cotton exchanges were closed yester- day and will not open until Tuesday when the government will issue it's condition figures.
 bullish private crop report issued py large brokerage house put ginger into grain pit dealings yesterday. but was not strong enough to stem the tide, and transactions went under the previous figures. October lost q C. With private estimates of the oats crop high. the staple went off 1% to c. Provisions were not able to hold up with hogs
The Birmingham age-herald., 1918-09-01
Copyright s1s by Tribune Association ew York Trbuns)
Retail Merchants Did a Good Days
 Turnover With Displays Only Fair
By JOHN c. MOSES

 Retailers were benfited by cloudy day yesterday and trading at the differ ent stands was good. Displays were fair considering the dry spell. Some nice displays were to be seen on fish counters. Poultry and eggs remain high in price considering the time of year. Quotations were as follows:
 Poultry Fryers-1 to 1A pounds, ssc lb.; ? lbs. 3Sc lb. Guienas-50c each. Roosters-17G1Sc. (Aas Turkeys.tLiye. soc ID. Geese-10c lb. Hens-2Sc. Eggs Wholesale, 4sa44c. Eggs-Retail, 4Sd50c
 Fish Spanish Mackerel-20c. Pompano-35c, Salt Water srrout-1sQ20c. Mixed Fish--10c. Red Snapper Hea dless and drawn. II Q2oc. Gray Srapper-Headless and drawn, l2c. Muilet-9@i0c.
 Meal and Feedstuff Hen Feed$4 per 100-lb. sack. MlXeu tiOrSe ana Cattle teeu--$oJHoJ. c. s. Meal, per cent--S55. Peanut Meal-s5S. Kiddo Feed Meal-s42. Old Style Hulls-$N Lintless Hulls-s20. Corn-$2l0 Corn Chops-s4 Ne. 2 White Oats-$1 per bu. Choice Pea-Green Alfalfa-s42 per ton. Southern Alfalfa-$4o. No. l Timothy-$40 Glover and Timothy-$39. Shucks-$12. Johnson Grass-$3 $30.
 Fruits and Produce Sweet Potatoes-$3 hamper. Oranges $s09.25. Limes--Imported, $l.5oa1.75. Lemons-$S. 50.
 Live Stock
 (Union Stock Yards) Feed Steers: Good to Choce-12@13c. Medium to Good-10Q1ic. Common to Medium-8Q9c. Grass cattle. according to weight. qual- ity and flesh: Steers-SGI10c. Fat Cows-SG9c. Medium Cows-7QSc. Cutters-6Q615c. Canners--5Q6c. Heavy Bulls-71x0fS&c. Light Bulls-s17lsc. Oxen-6Q7c. Fat Yeariings--7QSc. Medium Yearlngs-6Q7c. Vealers-yy10c. Hogs: Choice to Corn Fed Hogs. 1S5 and up@ l7l18c. Choice Corn Fed Hogs 1s5 to 1ss- 17D1Sc. Choice Corn Fed Hogs. 90 to 1S5-15al6c. Light Pigs. % pounds down-l3Q14c. Best Heavy Rough Hogs-16Q17c. Half Fat Rough Hogs--14Q15c. Soft and Oily Hogs from lc to 70 per pound less than above prices.
 Hides and TaIl0w Green Sat Hides-l501Sc. Half Cured Hides-14Q15c. Green Hides-lrQl3c. Dry Flint Hides-l6Q7c. Dry Salt Hides-24Q25c. Damaged Hides half price. Sheep Skins Wool-S1. .25QJ1.50. Lamb Skins-75c9$1.O0 Horse Hides-S1. 00Q6.O0. Ginseng. Wild--$7 00dS.O0 Colt Skins-Sd5oc. Shearling Skins-25075c. Goat Skins-75Q85c. Hog Skins-25G60c. Beecwax-23936c. Tallow-12Q14c. Washed Wool-75aS0c. Clear Unwashed Wool-55060c. Bury Grease Wool 35037c.
 Cotton Good mfddling ..........,...... 32a
The Birmingham age-herald., 1918-09-01
Americas Meaning of Liberty

FTOfn In6 CHTIStIdU fitrdiu.
 Unparalleled in all history is the mighty sweep of the American Army across the Atlantic and into the forefront of the fighting. Unparalleled too. in all the records of statesmanship, are the prin- ciples enunciated by President Wilson for the safety of democracy. for the self-determination of nations, great and small. and for permanent peace through international concert. Washington taught the world to know the meaning of lib- erty. Wilson Is teaching the world to accept that meaning for itself.
The Birmingham age-herald., 1918-09-01
Chicago Futures
Cash Grain

Chicago, August s1.-Corn: No. 2. yellow, s1.6s; No. 3, yellow, s160@1.63; No. 4, yellow, $1.55 Oats: No. 3. white, 69G roc; standard, 6eA @70Ac. Rye: No l, s1.67; No. g. nominal. Barley, $lo2Q1.o5. Timothy. $6@9. Clocer, nominal. Pork, nominal Lard, 2675c. Ribs, 24@2450c
 St. Louis, August 31.-Corn: Steady. No 4, white. s1.6s; September. sl.59. Oats, steady No. ? track, 6915 or 5k e. No 3, white, 7o1a @71c; September, 711ac~
The Birmingham age-herald., 1918-09-01
Produce Market

New York. August s1.-Butter. strong: receipts, 1884 tubs. Creamery, higher than extras, 4s15G49c; extras. 92 score. 4sc: firsts. 451aq471A. Eggs, irregular; receipts. 2l,6S6; fresh gathered extras. 51m52c : frensh gathered regular packed, extra firsts, 4S@50c; fresh gathered firsts, 44dl 47c. Cheese, firm; receipts, 2s67 boxes state fresh specials, s6A@27c; state aver age run, 261ac. Poultry, firm; chickens, broilers, S4c; fowls, 30G32c; old roosters. 25e; turkeys sa8oc; dressed, steady and unchanged.
 Chicago. August 31.-Butter, creamery extras, 46G4614c; firsts, 431a@451sc: seconds, 411a@43c; standards, 43a4d46c. Eggs un- changed. Cheese, unchanged. Poultry, unchanged. Potatoes, receipts, IS cars; Minnesota, early, and Ohios, bulk, s1 500 1.90; in sacks, g. 2012 .25; Wisconsin, bulk, $1. S0G2 .15; in sacks, $2. 1od2. .2
 St. Louis, August 31.-Poultry, butter and eggs, unchanged.
The Birmingham age-herald., 1918-09-01
Naval Stores

Z Savannah. August 31.-Turpentine firm, 61@61Ac; sales, 165; receipts, 221; shipments, 270; stock, 2o.259.
 Resin, firm; sales, 674; receipts 5S6; shipments, 200; stock. 69,375. Quote: B, s11,6O; D. s11,75; F. s11.s5; F, SIP; CHI. s12.20; I. $12.25; K, SIS; M, s13.10; N. s13.25; VIC, s14
The Birmingham age-herald., 1918-09-01

After opening sluggish, the short session on Wall street yesterday de- veloped considerable activity, and strength, which was contrary to es- pectations. Trading was limited to small lots and some of the more prom inent issues were not quoted at all during the first half hour. steels, shippings, Southern railway and some of the coal carrying rails were frac- tionally higher. Canadian Pacific was the only investment issue to register a decline.
 Steel was hesitant at the outset, but struck an upward trend later. gong to and remaining al 111A, a net gain of IFS points. Final prices on Liberty
The Birmingham age-herald., 1918-09-01
WIZ. Campbell

Cotton Stocks, grain, provisions and cotton seed oil. Correspondents Shepard & Gluck, New Orleans; E. w. Wagner & Co.,, New York and Chicago* Continu- ous. quotations; private wires to all exchanges.
 SIG and 617 Woodward Bldg.
 Telephone Main 6141
The Birmingham age-herald., 1918-09-01

medium and common grades advancing mostly. Western steers mostly DOC higher. Medium and good butcher cows and heifers unevenly lower; canners strong to 25c higher; calves and stock CTS and feeders mostly soc higher.
 Sheep: Receipts. $500; arrivals par ticularly, all direct Compared with a week ago. lambs 100 25c lower: fat sheep and yearlings mostly soc lower; feeding sheep strong.
 Kansas City, August S1.-Hogs: Ra- ceipts, 1000; lower. Bulk, $19.4G@ 1895; heavy. $19.50@2o; packers and butchers. s19.40@20: light, s19.25@ 1s95; pigs. s15@17.75. Cattle: Re- ceipts, 1000; steady; prime fed steers, s17.25 @1 1850; dressed beef steers, s11 O IT, southern beef steers, $7.5001425; cows, s6.50012.50; heifers, s9@14.50; stockers and feeders, s7.50615; bulls. s7.50@1o; calves. s750@1350 Sheep: Receipts, 1000; steady. Lambs, s15.50 O IT: yearlings, s10.5061450; wethers, $10@13.25; ewes, SS@1225
The Birmingham age-herald., 1918-09-01
AFTER THE WAR IS ENDED

There is no doubt among the leaders of the financial district, and it is be- lieved there is no doubt in the mind of the Secretary of the Treasury, MT Me- Adoo, that after the war is over this country can remain the great center of exchange for all nations. Therefore it is the wiser part to protect and guard cur facilities which will be appreciated
 and will be available by reason of our liquid market to handle satisfactorily
 and probably permanently the securities of the world.
 We are now handling a donsidera bIe part of these securities and the volun- tary organization of which Thomas w.
 Lamont is the. leader, is so acting as to give and maintain the confidence of American investors in these securities
 The time will come by and by when in- yestors will seek the securities market,
 for there is no doubt that in addition
 to the billions which the American peo-
 pie will invest in the so-called Liberty
 Loans there will remain a large amount of norey which will seek investment in
 securities. and as long as the securities
 market is kept liquid and strictly i'm personal. so far as the idepAty of those who buy and sell securities is concerned,
 this market will remain the balance
 wheel, the great trading place where
 transactions can be instantly begun and
 completed, provided only there be no re-
 strictive legislation and there continue
 the wise management and direction
 which, MT. Warburg hinted, are essential
 if we are to maintain our prestige and
 influence as the chief exchange market
 of the world and the great money center
 as we'll