davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
STOCK DIZZINESS
BREAKS A RECORD
Total Sales Were Lowest
Since August, 1916, Due to
New German Drive

New York, April 5.-The stock mar
ket was virtually at a standstill during
the greater part of today's session.
exceeding all previous days of an abb
normally dull week in its unparalleled
apathy. Total sales were low recoru
since August, 1915.
Resumption of the German drive III
France accounted for the further ces
sation of operations, even the tradins
element taking no interest IN tne
courb of prices.
Declines of a point among invest
ment shares and as much as points
in a few specialties resulted from
sheer Indifference or inertia Inc mar
ket seemed so thoroughly liquiualeu
that no pretext for pressure eNisleu.
The decision of the interstate COM
merce commission to inquire into Pc
,roJeun freight rates and institute
physical valuation OF various tslegraph
and cable companies caused scarcely a
rinnle among the shares of the prop
critics most concerned, such action hav-
ing evidently been discounted.
Other domestic developments were
along more constructive lines, general
trade advices offering further en-
couragement and bank clearings hold
ing we'll up to recent high levels.
Liberty issues again furnished an
overwhelming quota to the days deal
ings in bonds at slight fractional re-
cessions International issues were
variable, French municipals hardening.
Total sales, par value, aggregated
$3.50 600.
United States bonds, old issues, were
unchanged on call.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
New York Futures
New Orleans Cotton

New Orleans, April 5.-Sharp reactions
from the prolonged advance came about
in cotton here today, selling starting
on the first call and persisting to the
close, which was at the lowest levels of
the session. The close vast at net loss
of 70 to 81 points. There were periods OF
steadiness during which partial reac
tons occurred, butsthe market displayed
little strength. Two district selling waves
featured The days operations, one around
the opening, base on less favorable war
news and rains in Texas and Oklahoma.
and the other toward the end of the day
following receipt of report from
Washington that the war board had
fixed prices on cotton goods needed for
war purposes The steadiest period was
n the afternoon Immediately after the
posting of spot quotations, showing an
advance of 25 points which put middl.ng
to S45Oc, new high record.
The opening was at the decline and
the market soon slid of to a loss of AZ
to 60 points. Here the downward trend
was checked and several partial recov-
cries were brought about, the active
months being 80 to 40 points up from
me bottom at oen time The close OIL
cially was termed barely steady.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
RAINS IN TEXAS
AFFECT COTTON
Rumored That War Board
Will Stabilize Prices of
Cotton Fabrics

New York, April 5.-There was
sharp break in cotton today, the first
selling movement being on report of
rains in the southwest prior to further
and more excited liquidation after re-
ceipt of reports that the war indus
tries board would next Wednesday take
up the question of stabilizing prices
FOR cotton fabrics. July contracts
broke to 3S.25c during the morning,
rallied to $3.50 and sold off to 3s.05c
late in the afternoon, closing at 3S. 0sc
with the general list closing barely
steady at a net decline of 60 to 60
points.
The market opened at decline of
5 to Is points under realizing, which
was considered NATURAL in view of the
extent and rapidity OF recent advances.
The disposition to take profits on long
cotton was increased by the favorable
weather news and by the middle of the
morning active months were 43 to So
points under last nights closing fig
ures. Trade buying was less in evil
dence than recently but was suf-
icient to absorb offerings on a scale
down, and while the detailed weather
reports confirmed private advices re-
garding showers or light rains in Tex
as, the market ,firmed during the mid
die of the day. The continued bullish
average of spot advices and reports
that eastern mills had been notified to
prepare for further large government
orders next week evidently caused
some uneasiness among early sellers
for reaction. AS they turned to cover,
prices worked up readily with offer
ings light after the heavy selling of
the morning, and there were rallies
of some 80 to 40 points from the low
est. Later, however. the market be-
came very unsettled on the renewed
talk of price fixing, with May selling
off to $500 and October to 31.7sc with
the general list showing net declines
of 81 to rs points just before the close.
Last prices were a shade up from the
lowest on July and later deliveries.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Over w, E. Campbell's Wire


New Orleans, April 5.-While the dispo-
siton of the cotton market today was
to react from the advance, real weak
ness did not develop until late in the
day. Good support was offered on the
way down, and late in the day prices
at one time were 80 to 40 points up from
the lowest. Earlier the market dis
played some strength of it's own and
good recuperative power. The morning
reaction was natural as,d to be expected
after such advances as have been wit
messed this week y That. 1T was not
wider, in view of late afternoon devel-
opments, speaks well of the technical
condition of the market Less favorable
war news and the rains in Texas and
Oklahoma were the main features which
accompanied the reaction. Offsetting
these influences in the early afternoon
was the rise of % points in spot prices.
which put middling to S450, new high
record. So long as the demand for spots
continues at constantly advancing
price, we see nothing for contracts to
do but follow suit, although 1t is ex-
pected that contracts will react every
now and then, and as we have pointed
out before, these reactions afford oppor-
tunities for placing new purchases. With
a second draft about to go into effect.
we cannot feel too optimistic regarding
the new crop. 1t is one thing to plant
and another to cultivate, and while an
increased acreage may be planted, that
is no sign it will be cultivated. An
other thing, favorable weather condi-
lions may not continue. crop scares are
inevitable every season. We remain
friendly to the market
Toward the close, heavy setting fol-
lowed report from Washington that the
war board had fixed prices on cotton
fabrics needed in war orders. New low
levels for the day resulted and the mar
ket closed at the lowest, a net loss of
70 to 81 points.-Shepard & Gluck.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
WEEKLY COTTON

New York, April 5.-The cotton mar
ket made new high records for the sea-
son during last week, with July con-
tracts selling at s3.soc Thursday. or s1l.5o
a bale above the low level TOUGHER March
25. Realizing became active at the new
high prices, and sentiment was unset
tied toward the end Of the week. attrib-
uted to the favorable character Of crop
adyices and to renewed talk OF price
fixing in the goods market
The upward movement has been attrib-
uted to the continued strength of the
spot market and trade buying. Toward
the end of March selling had been en-
couraged by the war news and belief
that favorable advices as to new crop
prospects would weaken the price views
OF remaining old crop holders. 1t is the
impression that domestic spinners were
waiting to fix prices on call cotton in
the hope Of better buying basis, and
that there had been considerable specu-
lative selling on the same theory. But
the steadiness of the market at the re-
OPENING after the Easter holidays was
a disappointment. from the bearish
viewpoint, as it suggested that neither
reports Of increased acreage with rapid
progress in farm work nor the continued
scarcity Of ocean tonnage had shaken
the confidence OF spot holders.
The tendency to cover was Increased
by the persistency of the buying for
trade account. which appeared to ex-
pand on moderate setbacks. and the ad-
vance became rapid and excited. With
southern spot markets quoted at the
long talked Of 35-cent level and with
contracts here showing an advance of 2
cents a pound or more from secent low
levels, however, there was naturally
good deal of realizing and the market
wac unsettled today by reports that
committee Of the war industries board
would meet Wednesday to consider fix
ing prices for cotton fabrics.
The disposition to take profits was in
creased also By better weather in the
southwest, where showers or light rains
were reported with prospects for fur
Their precipitation. Spot advices have in
dicated a great scarcity of white cotton
in the south. with "a good demand No
change has been reported in the ocean
freikht situation and so far no allotment
has been made OF freight room for April
shipment to Liverpool
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Hubbard Bros. & Co.'S Letter

New York. April 5.-(SpeciaD-Son
good rains in northern Texas and
OKLAHOMA, with many light showers
sn,1 predictions of further rains in
eastern Texas tomorrow. have caused
a natural reaction from the high point
of about 80 points. Europe bought new
crops on the break, y bringing the mar
ket back from the low point. Many OF
the leading bulls have been selling
during the past two or three days.
transactions have been smaller. There
are many more rumors of a movement
on the part OF the government to fix
prices on cotton goods. No improves
rnent is reported in the EXPORT stu
alton, Local traders also bought on the
decline on the theory that a decline is
not likely under present conditions o.
demand for cotton goods.
statement that the price Of cotton
goods would be considered by COM
r,ittce to meet next Tuesday caused a
sharp break in the last hour Hubbard
Eros. d Co.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Wall Street Breaks All Records
For Dizziness Dating Back to 1916
BY JOHN c. MOSES

And stu another record on Wall street
but backward. dating to August, 1910,
1. was a record for dullnes and small
tprnoyers, and backstepped all previous
slumps to the above date. The new
German drive was credited with the
standstill market. All previous records
for dullness were broken during the noon
hour, less than 1900 shares changing
hands. Prices continued to shade. South
ern Pacific, st. Paul, Studebaker and
Ohio Gas losing approximately l point
each.
Further fractional recessions accom-
panied the minor dealings of the last
hour. The closing was heavy. Liberty
315s sold at 1916 to 80, and first and sec
ond As at 1925 to $3.50.
Cotton made sharp break yesterday,
selling orders being on reports of rains
in the southwest and further hints that
the war industries board would next
week start to stabilizing prices of cotton
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Coffee Market

New York, April 5.-There was a
steadier tone in the market for coffee
futures today. No official statement
has yet been received concerning gov
eminent measures for increasing inn
ports, and there appeared to be less
optimistic feeling as to the probabili-
ties in that connection. At any rate
there was scattered covering which
sent May back to the maximum price
Of S.65c, and after opening to 6 points
higher the market closed net I'M
changed for April but generally to
Is points above last nights final fig
ures. September sold at S.S5c and De-
cember at $3.50; May, S65c; July, site;
September, $3.50; October, S.s6c;l De-
cember, S.ssc; January. s.99c; March,
912c
Spot steady; Rio Is, SIC; Santos As.
IL Nc. Sales of Santos As were reported
in thO cost and freight market at
10sS0c by sail, London credits. Offers
Of Rio Is were reported at s.o5c, steam
err shipment, London credits.
The official cables reported no
change in the Rio market. Santos was
so refs higher for spots and rs to IS
reis higher for futures. Brazilian port
receipts, $4,000; Jundiahy receipts. 49,
900.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06

fabrics The general list finally closed
at a net decline of 81 TO 50 points. The
heaviest rai- In year fell in Dallas
last night, with reports of a general pre-
cipitation over north Texas, The rain
faH at Dallas measured 1.9S inches; Fort
Worth, liz inches; Sherman, 1.4o inches;
Paris, 40 inches, and Mckinney, inch.
Del Rio, in the western portion of the
state, reported .0S inch, this being the
only spot in the drouth section receiving
rain. Thus it will be seen that Texas
received the long-looked for rain. Still.
the drouth section only got .oS inch
Cotton cannot slump long on this rain
dope.
Corn took the grain leadership early
IN the session on anticipation of bullish
enects of the trading rule amendments,
to be voted today. But the lead was
lost early with the list closing unset
tied, lsc to &c higher. Oats went OF
Zee TO Ac in sympathy with corn, and
provisions fell off 25e to 45c on a sharp
, break in hogs
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Produce Market

New York, April 5.-Butter, unsettled:
receipts, 6673 tubs. Creamery, higher
than extras, 4li1@42c; extras, 90 score,
sd41c; firsts, 391zq401zc Eggs. irreg-
ular; receipts, s9,Ss5 cases; fresh gath
cred extras 371zQgSc; extra firsts. SoQ36c:
firsts, 321aa34.ac. Cheese, irregular: re-
ceipts, 1854 boxes: state, whole milk flats.
held specials, 24G2511c; do average run,
23024hc. Poultry, live, strong and un-
changed; dressed. quiet; fowls, 29ogS4c;
others unchanged.
Chicago, April 5.-Butter, lower; cream
cry 33@aOc. Eggs. lower; receipts, 1913
eases: firsts, s214@s21sc: ordinary firsts,
31L@s2c: at mark. cases included. 3lA
Na9c. potatoes, higher; receipts, 10 cars.
Wisconsin. Michigan and Minnesota bulk,
Sods1 90: do sacks, &1.0o6105. BOOSTERS,
unchanged.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Hubbard Bros. & Co.

Cotton Merchants. Hanover Square, \.
y. Members New York Cotton Ex-
New York Produce Exchange. Associated
Members Liverpool Cotton Association.
sale OF Cotton and Cotton Seed Oil for
future delivery. Special attention ana
liberal terms given for consignments OF
spot cotton, for delivery. Correspond
ence invited.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Port Cotton


New Orleans: Middling, s45oc; receipts.
1874; sales, Pass: stock, 44S,S11
Galveston: Middling, s4.25c; receipts.
1853; sales. 1928; stock, 335, 9s3
Mobile; Middling, a5c; receipts, 1866;
stock, 1884.
Savannah: Middling, A50c; receipts.
1856: sales. 102S; stock, 34,604
Charleston: Middling. 34c; receipts. 100:
stock, 47,42z
Wilmington: Middling. SIC; stock, 4o.su.
Texas City: Stock, 1852.
Norfolk: Middling, 3463c: receipts. 12s:
sales. S3S; stock 1850.
Baltimore: Stock, 1864.
Boston: Middiing. CSC; receipts. EOS:
stock, 1906.
Philadelphia: Middling. 5000; stock,
s12e
New York: Middling,. a5.s5e; stock,
146.01S.
Minor ports: Receipts. 1s.sss; exports.
14,34S; stock, $3.50.
Total today: Receipts. 27.so4; shipments,
4,34S; stock. 1,596,1SL
Total for week: Receipts, 1855.
Total for season: Receipts, 5.364.64s :
shipments. S.202. 100.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Chicago Futures
Cash Grain

Chicago, April 5.--Cash grain, No. 2
yellow, $1S5Q1.9O: No. 8 yellow, nominal;
No. yellow. s1.6odp1.c7. Oats. No. 8
white, s2d9424c; standard. 92A@92& No.
2, s2.s0a2.s2. Barley, s1.6o01.95 timothy,
s.. oO0IS. 25: clover, $2S.00a31 90. Pork, nom
inal. lard, $25.45; ribs. $23. 15@2365.
st. Louis, April 5.-Corn, No. 2, 1.6S@
SO; No white. s1ss; May, <1.2eas. Oats,
No. ., soc; No. 9 white, 92c; May, S5%c.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Rice Market

New Orleans, April 5.-Rough and clean
rice continued strong today. Receipts.
Rough, 1923 sacks: millers, 1928; clean.
1894 pockets. Sales: Clean Honduras,
500 pockets; Jauan, 1896 pockets; blue
rose, 1161 pockets. quote: Clean Hon
duras, SAG9ssc; Japan, S@Sssc; blue rose,
80I8a.c others unchanged.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06

New Yoork. April 5.--Cotton goods here
today were strong, print cloths and
sheetings advancing further. Yarns adj
vanced sharply. carded yarns being
scarce for prompt shipment. Wool mar
kets stiffened. Raw silk was firm.
Ready-to-wear traders were busy ON cot
ton and silk goods.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Sugar Market

New York, April 5.-The market for
raw sugar was steady, with prices con-
tinuing at the fixed rate OF 4.sS5c for
Cubas, cost and freight, equal to s.0O5
for centrifugal. The committee reported
purchases of $1,000 bags of Cuban. In
refined the distribution is still rather
disappointing. owing to irregularity in
arrivals of raw sugar, although receipts
are expected to increase in the near fu-
ture and business then should be around
normal Prices were unchanged at 7.45c
for fine granulated.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Weekly Cotton Statement

Comparisons are to actual dates. not to
close of corresponding weeks.
In sight for week 10000 bales; same
seven days last year, 10000; same seven
days year before, 14l.000; for the month,
116000 same date last year. 1900; same
date year before. 1900; for season. 49,
3SS,000; same date last year. 11,525, 900;
same date year before, 10,S04.000. Port
receipts for season: 5,365, 600, same date
last year, 6,366,000; same date year be-
fore last. 626l,000. Overland to- mills and
Canada for season: 1,122,000; same date
last year, 1.222,00o; same date year be-
fore. 1,O0S,O0 Southern mill talxings for
season 3,179.000; same date last year.
3, coo; same date year before, 3,049. 600
Interior stocks in excess Of August ! ::
723, 600; last year, 5SS.000; year before
$4,000. Foreign exports for week: 1900;
same seven days last year, 10000; same
seven days year before. 1900: for sea-
son. 3.025000; same date last year. 4. 49,
900; same date year before, 4024, 900
for week: 5000; same seven days last
year, 5000; for season. 2025,OO0; to same
date last year. 2.3f4OO0.
Statement of SpiEaers' Takings
Statement OF spinners' takings Of
American cotton throughout the world
This week. $4,000 bales same seven
days last year. $4,000: same seven days
year before, $4,000: total since August
l, S,6330O0; same date last year, 1924, :
600; same date year before. 10. $4,000
Statement of worlds visible supply:
Total visible this week. 4.516.O0O: last
week, 4,o11.000; same date last year. A.
266,000; same date year before. 5.466, 900
OF this the total American this week,
3. $50 600: last week. S,240.o00; last year.
3, 0c0 year before. $4,000. All other
kinds ehis week. 1.25zO0o; last week,
1.217 900; last year, $4,000; year before,
1,674.OCo. Visible in the United States
this week, 2.67600o; this date last year.
2. 0Es 900. Visible supply In other coun-
tries this week: 100000; this date last
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Liverpool Cotton

Liverpool, April 5.--Cotton, spot quiet;
prices higher Good middling, 25.47d;
middling, 4.95d; low middling, 24.4,d;
good ordinary, 2343d. Sales, 5000, includ-
ing 1900 American. Receipts, 5000. no
American. Futures closed steady. New
contracts: April, 25.32d; May, 2514d; June.
24.9Sd; July, 24S2d; August 2462d. Old
contracts: Fixed prices: April, 23.70d
April-May, 23.62d; May-June. 2S.54d
June-July, %. 46d
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Naval Stores

Savannah, April 5.-Turpentine, firm;
acc: sales, 80: receipts, II; shipments, 154:
stock. 24.1So Rosin, firm; sales, 81: re-
oeipts. n; shipments. SO; stock, 9s, 2Gs.
Quote B. d, e, $50: F. G. H. I, s5.B;
X. 1850: NJ. $5.75: N. $3.50; WIG, F.05:
WV, $40.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Interior Movement.

Houston: Niiddling, a. Toe: receipts, 2es
shipments. 324s: sales, 23SS; stock, POI 1885,
Memphis: Middling. 81 &c; receipts, 4bs2;
shipments. 41s4; sales, 1900: stock. s72,4O6
Augusta: Middling, 35.55c; receipts, $50;
shipments, 1854: sales. SAG: stock, 136,o5a.
st. Louis: Middling. s4Soc: receipts,
4545; shipments. 3341: stock. 1905
Cincinnati: Receipts. 20; shipments. so:
stock APO
Little Rock: lGiddling, S.zSc: receipts.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Railroad Schedules

Arrival and departure of passenger
trains. Birmingham: The following
figures published as informa-
tion. are not guaranteed.
BIRMINGHAM TERMINAL STATION
southern Railway System
(Snuthe rm afIvwnv
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Weekly Liverpool Cotton

Liverpool. April 5.-Weekly cotton stat
istics: Forwarded to mills, 60,oO0 bales;
American. 1900; stock, 10000; American,
100000; imborts, $4,000; American, 46,000;
exports, none.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06

Az: shipments. 1854; sales. 1854; stock,
s., 0I.
Total today: Receipts, 1906; shipments,
1881; stock, S05,7S3
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Cotton Seel Oil

New York. April 5.-Cotton seed oil
was dull and featureless with no quo
table change. There were no sales or
tenders Prime crude, 17.5oc.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
Fish
Meal and Feedstuff

Hen Feed-s4.25 per 1o0-pound sack.
Mixed Horse and Cattle Feed-$53169.
c. s. Meal, z per cent-$54.
Creme Feed Meal-$41.
Old style Hulls-s8.
Lintless Hulls-$20.
Corn-s2.20.
Corn Chops-$A6Q.
No. 2 White Oats-$1.1s per bushel.
Choice Pea-Green Alfalfa-$i2 per ton.
Choice Timothy Hay-$i0.
No l Timothy Hay-s39.
No. johnson Grass-$31.
Clover and Timothy. so
ShuckS-Sl6.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
REAL ESTATE LOANS

AND Z PEk CENT money to loan on
real estate anywhere in Greater Biz.
mingham. Clark-Malone Realty Co..
404 North Goth st.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
AMI GOLDEN
SEED COMPANY
saos "a Ave- Seeds That Satisfy"

sao5 % Ave Seeds That Satisfy"
FOR SALE-Osceola Velvet beans, most
prolific variety of them all earliest to
maturs; best land builder. furnishing
plant food and nitrogen to the soil;
+. G. Gordon. Canoe, Ala.
CABBAGE plants. Charleston. Jersey,
Wakefield. Succession. Flat Dutch,
1928 per 1000; no order accepted for
less than 1000. ]. Forrest Caldwell,
sDabbage plant specialist, Bartow. Fla.
DOGS. POCLTRY. PET STOCK
BRAD no LAY Barred KocKs. Parke'
strain from pedigreed birds: pens
headed by pedigreed males; eggs,
Is. Q.65. H. o. McWhirter, BESSIE
u&r. Az Pnons crow.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06

New York, April 5.--Metal exchange
quotes lead easy; spot, 7.0O@7l2. Spelter
hull; East st. Louis spot, ZOO asked.
At London: Copper, spot, clio; futures
f110; electrolytic, ELS. Tin. spot and
futures. f3l6 Lead. spot. Ego los; fu-
lures. s2s los. Spelter. spot. f54; futures
ESQ.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1918-04-06
w. E. Campbell

Stocks. grain. provisions and cotton
seed oil. Correspondents Shepard &
Gluck. New Orleans; e.. w. Wagner q
Co. New York and Chicago. Continu-
Gus quotations.: private wires 10 all
exchanges.
GIG and 617 Woodward BIdE.
Telephone Main GA