davidaulloa/AmericanStories huggingface dataset:
The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-28

( yellow, sl,54d1,56; No, 8 yellow, $1.5i
Oats; No. 3 white, s4@s5c; standard,
Rye No, >, 1872; barley, ;l.o5@
Lie; timothy, S7,OO@1O.O0; clover, nom
lnal; pork. nominal; lard, $27.62; ribs,
SIS, OoG26,OO.
KANSAS CITY, March 2s.-Cash
wheat higher; No, / hard, $2.5S92. SO;
No. 2, s ,55@2.5S; No. . red, $3.50
2,65; No. 2, 81. 6092.62.
Corn, unchanged to- higher; Q mixed,
sl6l416si 2 white, $1,63@1.64; 2 yell
low, $ls6l6l,62.
Oats. lower; No. . white, 69@70c; 2
mixed, 67q6Sc; 2 red, 7OQ72c.
Rye, $l,54Ii,55.
ST. LOUIS, March 2S.--Corn, No. 3.
$l.54; No, 3 white, S1.53@l,6o.
oats-No. 2, CSC; No. 3 white, $50
66Ac.
ST. LOUIS, March 2s.-Corn: No.
:. N.54; No, 3 white, N,63@I,so; May,
Data; No. .. Csc; No. 8 white, ss@
66A May, 6S,
The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-28
COFFEE.
NEW YORK, March CSC
BANK CLEARINGs.
BOND CLOSING.

NEW YORK. March 2s.-Liberty
bond final prices today were: 3iss,
. DOS; first As, 94.40; second as, 1886;
first 4As. s4-4s; second AS, ss.64;
third 4As. s5.1s. fourth 4hs, 93.6S.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-28
JOINT STOCK LAND BANK


ISSUED UNDER THE FEDERAL FARM LOAN ACT BY THE MISSISSIPPI
JOINT STOCK LAND BANK OF MEMPHIS, TENN.
Dated Nov. ], 1918. Die Nav I 1920
Interest payable May and November LIST.
Coupon bonds in denomination of $1,000 Redeemable at 100 and interest
on any interest date on and after Nov. /, 1923.
EXEMPT FROM ALL FEDERAL, STATE, MUNICIPAL AND LOCAL
TAXATION, EXCEPT INHERITANCE TAXES
These bonds are instrumentaites of the United States Government.
beng issued under authority of the Federal Farm Loan Act. and ar Sc
cured by deposits with the United States Government of either United
Z States Government Bonds o. First Mortgages on farm lands in Arkansas.
Mississippi and Tennessee.
Legal Investment for all fducary and trust funds and may be accent
ed as security for all public deposits, including Postal Savings Deposits
The Acknowledgement of the United States has rendered an opinion
approving the constitutonaHty of the Federal Farm Loan Act and the
validity OF the provisions exemptng the bonds from taxation.
We recommend these bonds for investment.
Price 102 and interest.
BANK OF COMMERCE. AND TRUST &C,
MeusShis, Tenn.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-28
MEMPHIS MARKETS
Quotations represent Rrices from job
Der to retailer,l
Produce.

Der to retailer.)
Produce.
Eggs-Dozen, S7gSzhc; tone quiet.
Butter-Elgin creamery, pound prints,
60G63c; country butter, 24Q2Sc; n
waited. 52054c.
Cheese-Cream prints, 33G34c.
Poultry-DucKs. 2662Tc; hens, alive,
1scii geese, 2OG22c; turkeys alive 80
Grain and Feedstuffs.
oats-white. dray lots, SAC; mixed,
Chops-Per ton. less than car lots,
Mil Feeds-Dray load ~lotsrton: Bran,
$47.0 shorts. gray, $500.
Hay-Timothy, less than car lots
choice, nominal; No. l, $4,000; No p
Vegetables.
Beans-Navy, per ID, Toe; Lima, per
PeasIcalifornia black-eyed, per ID,
new. 5%@6c,
Onions-Cwt., sacked, S5.OOQ6.Oo.
Potatoes-Cwt., all varieties, $2,OOq
$50.
Sweet Potatoes-Ho grown. Nancy
Hall, bushel, $2.50@3.00.
soutReThs, s5S.5o@55S.f75.. ''1''' "'''''
Celery-Bunch, si.50@1.75.
Peppers-BasEet, goa 0c,
Eggplant-Dozen, S1.50@3.0O.
Lettuce-Crate, '$2.25@2.50.
Cauliflowef--Crate, 81. 5002.75,
Snap Beans-Hamper. nominal.
Tomatoes - Crates, 6s, $6.0Oq7.25;
Mexican Tugs, $3.50.
$50.
New vegetables-Dozen punches:
mustard, 759S0c; beets, $l;0O; carrots,
70@75c; parsley, 65@75c; shallots, 500
60c; turnips. 90c4$1.00.
Seed Stock-Potatoes, Triumphs, cwt,
| March shipment, $2.50@2,75 onions, red,
$2.00Q2.25 blu; white. $2.75.
J. Provisions.
Dry Salt Meats-Regular. csc; ex-
Sugar-Cured Meats-standard hams,
Bacon-Tancy selected, 45@5oc.
Lard-Hog lard. 30Q32c; best grades
of compound, 24Ac,
Cooking Oil-Per gallon, $1.6S91.7 Is in
bulk. CottoIene, per case, $14.26@15. 80;
Snowdrift, $13.45@13.9 5; Crisco, $1,000.
Fruits.
I~Nmons-Per box, 81 .25@6.5O.
Oranges-Florida. $6,0O@6.50; Califor-
mia, $4.00@6.75.
Bananas-POund, 6k@ 7c.
Observation-Disclosures pint crates
$500.
| @1Sc; peaches, 20@22c; prunes, h.
1874 01SAc; %apricots, 22c.
Apples-Barrel stock: Ganos, A-ch,
50. 50910.50 Ben Davis, AS, $500
1000; Winesaps. fancy, Sl4.G0@15.00
A-2hs. $1O .50611.G9.
Grapefruit-Box, 81 .50@6.00.
Groceries.
Flour-Barrel, 24-lb. sacks, $11. 500
18.25; self-rising, $l2,0o@l2.2S
Meal-Cream, Dbl, hasIs 1n0-lb. sacks
1906; 5O-lb. sacks. s8.15; 25-lb. sacks
$685.; lob sacks So s. $S;75; burlaps, ao'
Sugar-Standard, graduated cane
9.50c; clarified, S.S7c.
Rice-Imported, pound. 9@1OAc.
Coffee-Arbuckle's roasted, case
Memphis basis, $3.50; roasted, bulk
per ID, 16@21c; green, common ordi,
nary, 17@1Sc; prime, 2O@22c; fancy, /;
@19c; Java, 2S@32c.
Cottonseed Products.t
Merchants Exchange Quotations.)
Crude oil, basis prime, $l.31A; hulls
loose, car lots, $775@S.0O ton; linters
l6@Shc pound: meal, Z per cent, $5'
ton.
Hides and Wool.
Hides.Ko;, /, green. salted, 1s91sc
No, 2 grades, damaged culls, half price
dry flint, 2S@3cc; dry sailed, 25@27e
sheepsRins, $lP.oo@2.oo; sh~earlings, /
02hc; goatskins, SOC 6S1, 90.
No. l horse hides, s.. 00@6.0o; No.
h hOnies sid ssa2 SSd.OO@5.0O; CLUES an
ponies, uTI'o
The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-28

Yellow tlnged. 500 to $50 points lower;
yellow stained. 700 to $50 points lower.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-28
ROUND THE TICKER
Cotton.

New OTleans-Bulls wanted TO reaIize
on the hard spots and caused a break.
developed this morning on very bullish
private crop reports The Pacitlc
coast clears today 26, 1898 bales OF cot
ton. Total foreign clearances his day
last year were 1858 bales--Shepard q
Gluck,
Fair weather is predicted for the
western half Of the cotton region,
New York-Bond. McEnaney & Co.
We favor buying cotton whenever
prices are depressed. feeling confident
that the world will soon commence to
teel the effect Of peace jay g. Co:
The interior spot advices continue
bullish and adyices as to new crop
preparations show a late start
New Orleans-Broke on further de-
cline London c%onsols, fear bearish mill
takings. easier spots news, but action
In New York suggests move against
short interests.-Clark to Cotter &
turner.
New York-Selling exclusively by
local bears ALREADY short fighting to get
out-McElroy.
New York-Locals led by Averlll SELL
ing it off.
New York-Local selling idea buying
came from Liverpool consequently de-
cline came later. but expect recovery
before close.-Hubbard to Reese.
New York-Think market has had its
spill, but locals all think more coming,
Hubbard to Reese.
New Orleans-The buying thus far is
wholly the result of better feeling re-
garding world politics.-Shepard &
Gluck.
New Orleans-Paris news unfavor-
statistics, but New York may work
further on technical conditions. Market
uncertain.-Clark to Cotter & Turner.
New York-Steady, little offering,
traders expecting some reaction, but
fall months being absorbed by trade
interests,-Hubbard to Reese.
New York-Further strength devel-
oped this morning on very buVsh crop
reports.-Gwathmey to Foster!
New York-Market stin short, hop
ing for spot selling. which won't come.
-McElroy to Cotter G. Turner.
New York-Yesterday's advance was
based largely on strong cables and
weather South. Foreign exchange con-
tlnues to drop, with lower quotations
on sterling yesterday. President Will
sons statement that the peace confer
ence Is rapidly progressing is a factor
OF Importance, as an increased export
movement would logically follow.-Fal-
lon to Shepard & Gluck.
New Orleans-The into sight this
week is 1890 bales against 1856, $50
this week last year and 104, S43 this
week two years ago. For the season
the into sight amounts to 9,14S, S9s
bales. against 10.469, 1865 a year ago and
ll,S97,434 two years ago.
Liverpool cables: Some further
short covering"
New York wires: Large local opera
tor has been a big seller this morning
causing the decline"
New Orleans-Afternoon foreign news
unfavorable, console eighth lower; feal
bearish mill takings, but market shows
resistance; looks like New York inten-
ton to boost lanyhow.-Clark to Cot.
ter e. Turner. y
New Orleans-Morning news bearish
unexpected distractions seem to have
arisen over incorporation Monroe doe.
trine amendment; weather is perfect
Fenner to Gustafson.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-28
@ SECURITIES.

Quotations are unofficial, being Sc
cured from the most reliable sources
and are based on the last known sale
and bid,
The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-28
SUGAR.

NEW YORK, March 2S.-Raw sugar,
steady; c~entrifugAL Ease; fine granu-
lated, SC.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-28
MEMPHIS COTTON,

Memphis cotton closed steady and
unchanged, Middling, 26.75c. Sales 2,Ao0
bales, including 800 previous evening.
Weeks sales, 1850 bales.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-28
OLD CONTRACTS.

UID IUNIKACI5.
Futures closed steady and unchanged
to decline Of l5 points.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-28
NEW YORK COTTON.

Contracts closed barely steady at ad
vance OF IL to 80 points.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-28
HOSPITAL GROWS
QUICKLY FILLED
MAKES NEW LEAP
CONTINUED from First Page)

one Of the crying needs OF all hos
pitals OF late has been for more trained
nurses. The shortage Of nurses at
the Baptist Memorial hospital now is
acute. and is holding back the work
OF the Institution. Mr.. Jennings says
The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-28
=, Grain.

Memphis receipts: Corn 10, oats G.,
hay s and alfalfa meal 6 cars.
Hog receipts: Chicago. 1900; Omaha,
z, 900; Kansas City, 5000; Sioux City,
$500; st. Joseph, 1890; st. Louis, 1000.
Chicago-Receipts: Wheat. $4,000;
corn, 1853, 900; oats, 1879, 900. Shipments:
Wheat, $4,000; corn, $4,000; oats, 2S9,-
st. Louis-Receipts: Wheat. $4,000;
corn, Isl 900: oats, 10000. Shipments;
Wheat, $1,000; corn, 5000; oats, 81, 900.
Chicago-Springfield reports the pur-
chase of 110, 900 bushels of corn over
night.
Chicago-Big changing operations of
buying OF July and selling of May by
local broker, said to be prominent bull
here,-Wagner & Co.
C~hicago-Too much local pressure on
the corn market was felt. at the open
ing and shorts were forced to cover
when offerings dried up, rallying prices
sharply. The excellent forecast for the
grain belt is inducing some selling on
the bulge.-Renn to Shepard & Gluck.
Chicago - Tendency corn market
seems lower from all bulges, but raj
lies will come from breaks while hogs
stay $l9.50.-King, Farnum G. Co. to
Reese.
Chicago-Oats were again sluggish
throughout the session and broke badly
late. Winnipeg oats were weak on
the large stocks at Fort Williams, Port
Arthur and Eastern terminals. with
cash demand slow. The country move
ment of both corn and oats Is expected
to remain light at least until the early
spring farm work rush Is over. The
British government Is expected to have
sold out all of its stock of provisions
by March 81. The Indian government
| nynncfg tn inonnrt q 0On 00n A,toI.a.
wheat before July / on account of fam
inc conditions in some Districts The
government is attempting to stimulate
production by guaranteeing the farmer
l0S for next seasons cTop.-Wagner
& Co.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-28
NEW CONTRA

Futures closed steady at advance o
"A TO decline Of 20 points.
The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-28

Eggs-Dozen, 37qS7hc, tone quiet.
Butter-Elgin creamery, pound prints,
60G63c; country butter, 24Q2Sc; reno
waited. 52054c.
Cheese-Cream prints, 33GS4c.
Poultry-DucKs. 2662TC; hens, alive,
31q32c; dressed 32G34cl ROSTERS, lIW
1Sc; geese, 2OQ22c; turkeys, alive. 80
The Birmingham age-herald., 1919-01-26
SENTIMENT AGAINST
 HIGH PRICES STRONG
Corn Takes a Further Drop of 2 to 5 1-2c, With Oats in Sympathy-Provisions
 Drop Sharply
By Associated Press

Chicago. January 2-Heavy liquidation broke out again today in the corn market and smashed prices hard, notwithstand- ing temporary check due to the passage of the 500. 900 measure to relieve food distress in Europe. Sentiment against do- nestle high cost of living was the pre- dominant bearish influences. The close was unsettled. ad51ac net lower, with May S1f5a1. .15as and July $1.13. Oats fell lA017sc to $1.
 Some uncertainty at first as to whether a turning point had been reached was shown by traders in corn. News that the big appropriation for supplies to send to Europe had finally won in Congress seemed for a brief time likely to bring about decided reaction from yesterdays S collapse in values. Thereupon leading bears took profits freely. It soon be- came evident, however, that no other i'm portant demand was in sight. Then the market sagged of it's own weight, and uncovered large stop loss selling orders except in the case of January delivery. which tumbled values to new low levels for the season.
 In oats as in corn, liquidation was the main feature. Prices touched were the lowest since late in 1917
 Provisions dropped sharply owing to the weakness of grain.
The Birmingham age-herald., 1919-01-26
New Orleans Cotton

New Orleans, January 25.-Week- end covering of the short interest put the price of cotton to higher levels today the market having a very steady un- dertone from the opening call to the close. Highest levels were reached late in the session when the active months were 50 to 90 points over yesterdays s final prices; last prices showed net gains of 35 to 75 points.
 March traded up to 23 cents and October up to 920c. Spots were nom- inally unchanged at 275oc for mid ding.
 1Buy CTS. found little cotton for sale. fresh selling for short accounts being restricted by numerous reports from the interior that spot holders were more determined than ever in their stand for higher prices and by the growing agitation to reduce the acre. age of the new crop. Cotton parishes of Louisiana commenced to wire in that merchants and bankers would re- fuse to make advances against the new crop unless farmers agreed to cut acreage at least 30 per cent.
 The opening was at the advance and in the early trading the improvement was widened to 50 to 72 points Smal, recessions occurred but later there was a further rise of new high levels for the session,
The Birmingham age-herald., 1919-01-26

ot the market for their future require ments have resulted in lower values for contracts and spots the south has sold very little of si ots at the decline re- aiming confident in the belief that when the trade demand revives spinners will be made to pay higher prices for the staple. Washington advices that the rais- ing of the embargo on cotton exports to eEemy countries is now being considered by the allied governments, but no defi- nite conclusions have vet been reached This refers to the proposition to permit enemy countries to import cotton for their home requirements not for trade expansion. and while something may come of the matter now under discussion which would be of benefit to the mar llet this is remote possibility and un- certain of adoption.
 The immediate urgent need of the south is marked reaction in ocean freight rates, and a stabilizing of same for a definite period in order to permit larger exports of cotton and other southern products to European friendly countries Tho lower prices for raw cotton may stimulate the demand for trade account and serve to sustain the market, but until there is a material improvement in the demand for epots for domesrlc and foreign requirements, it may be diff ficult to bring about any permanent ad- vance of importance.
 Nevertheless the temper of the south ern spot holder under present conditions is such that they are resolved not to mart with their cotton at current low levels compareds with ssthe cost of pro- duction, and they are being supported in this policy by the banks who will not make loans to farmers at planting time unless they make an important reduc- ton in their cotton acreage.
 Compared with last year and year be- fore last the worlds visible supply of American cotton yesterday was 3,564, 900 bales, against 3,17S,0oo and 4,10o,o0o. of which 2,690.0C was in the United States against 2,467, 900: in Europe and afloat, S74O0o. against-12 900 and 1.613 ,Oo0, of which Liverpool is credited with 479,000, com pared with 417,O0o and 91l,000.-H. and B. Beer
The Birmingham age-herald., 1919-01-26
Sugar Market
The Food Situation

New York. January 2S.-A decline sale price of creamery butter, from 70 cents on January II, to 581z cents today, was taken nS the fOferunner of lower general food prices in IO- cal market circles here. The drop. which has been gradual for the last two weeks. was attributed by some dealers to more nominal market conditions. Others saw In 1t an evi- dence of cancellation of govern ment and allied orders and mild weather.
 Cheese continues to sell 1t high prices, late quotations for domestic being around g. cents as compared with B cents last December and ;:6 cents the preceding January.
 Eggs were selling at 61 cents for fresh gathered as compared with 76 cents . year ago.
 Chicago. January :5.-The recent stnrtling decline in the prices of dairy products, hailed in many quar- ters as the first break in war prices. was still in evidence today, except In the butter market. Cheese nj wholesale was NnOted at 1N to cents lower. depending on grade. and egEs declined I to cents. Butter. In which the decline had been particularly sharp. recovered 1 to cents.
The Birmingham age-herald., 1919-01-26
Over Stewards Wire

New Orleans, January 25.-Overnight reports from New York confirm yester- days advices that the trade was buying the fall months.
 Washington dispatch said: vigorous protest by MT. Calvin, of cotton states marketing board, to what is believed to be a pact among spinners to bear cotton and force supply from southern holders. :
 President Wilson cabed that the raising of the embargo on cotton to enemy coun tries is now being considered, but the message indicated that no definite con clusions had been reached
 The depression in cotton and the ad vantage, to the bearish faction is not due so much to the shut down on enemy countries as to the maintenance of fixed high freight rates to countries where all other shipping restriction on cotton have been removed. Unfortunately, there is no news yet from Washington on this point A trade review says: General price trimming must make further pro- gress before the compact situation is reached where the promised general ex- pansion, activity and prosperity can begin" This must apply rather to goods prices for the public to develop civilian demand. than the raw material like cot ton, which is already depressed to an extent that margin of profit to mills is now greater even than during war times,
 While feeling in other quarters seems still bearish on general grounds, con . tinuance of bad weather could readily promote a change of opinion and action to an earlier date. Bad weather and news of trade buying the distant positions was the stimulating factor this morning and the market advanced about 60 points in the early trading on spell of cov- ering October and July, which were running around 900 points apart two
The Birmingham age-herald., 1919-01-26
WALL STREET FAILS
 TOHOLDEAR[YL LEAD
Lifting of All Restrictions Upon Credits Caused Ex- citement on the Stock
 Exchange.
By Associated Press

New York, January 25.-Unusual excite ment and activity attended the opening of today's stock market as result of last nights action of the local money committee in removing practically all re- strictions upon credits.
 Leading shares opened at gains of to points, these in several eases being ex- ceeded before short covering exhausted itself. Realizing for, profits then ensued and advances were soon cancelled. the net result, in fact, showing some material losses.
 Taking the. course of today's session as a guide, it would seem that the result of the money committees action had been widely discounted in the moderate gains of the preceding days.
 In part. however, todays setback was attributed to renewed weakness of Brook lyn Transit which dropped to within a fraction of it's lowest record, and a sharp break in Mexican Petroleum on rumors of further friction with the authorities of that country.
 Consolidated Gas also weakened, prob ably. in sympathy with Brooklyn Transit and numerous specialties forfeited tenn porary gains of 1 to 3 points, the market closing with an unsettled tone
 The bank statement disclosed an actual decrease of almost 31, ,5Ooo0O in loans and a decrease of SIS, 900 in excess reserves, other items showing no material altera- tion-
 Bonds were steady, the setback in the stock list having no effect. Total sales, par value, aggregated A950,OOo. Old United States bonds were unchanged on call during the week.
 The final prices on Liberty Bonds to- day were: s1as, ss.1O; first convertible 4s, ss 50; second As, 9S.2O: first convertible, 4As, 96.60; second convertible As, 94H; third AS, 95.5s; fourth AS, @.60
The Birmingham age-herald., 1919-01-26
SHARP RECOVERY
 SHOWN IN COTTON
General List Closed Steady at Net Advance of 43
 to 63 Points Over Friday
By Associayec rress

New York, January 25-The buying movement which had developed around the @c level for May contracts on yes terday's early break in the cotton mar ket was renewed this morning and there was a further sharp recovery in prices. The general list closed steady at net ad- vance of 4S to 6S points
 The market opened firm at an advance of to 45 points on overnight buying or ders. Houses with Wall street connec- tions were particularly good buyers and there was. probably scattered buying based on an expectation that the lifting of restrictions on the use of money in stock market operations would lead to a broadening of interest in cotton also. Liverpool was among the early buyers and there was scattering trade demand particularly for the later months. which in the opinion of some authorities are probably selling below the cost of produc- ton.
 There was scattered realizing on the ad- vance, which extended to 22.53c for March and 20 92c for July. or about r to so points net higher on old crop positions, while October sold at 1s.6Oc, or SS points higher. Increased southern offerings were encountered at this, ,evel, however, and the market was irregular in the later trading with last prices showing reactions. Of about 30 to S5 points from the best.
 There was some comment on President Wilson's message to Senator Smith re- garding exports, but it did not seem to be generally regarded as suggesting any inn mediate change in conditions. Local traders said they saw little change in the news from the goods trade where buyers are reported to be holding off and pros poets are unsettled owing to the demand of labor for shorter hours.
 The French commission was credited with buying March very freely here to- day against sales of May and July.
The Birmingham age-herald., 1919-01-26
Hubbard Bros. X Co.'s Letter

New York, January 5.-(Special)-Tb market today was quieter than it has been in the recent past, but there was rather better undertone, although quo tstions were still very nervous and ir- regular This, however, is to be expected after such a drastce decline as we have recently had. The trade has bought a good deal of cotton in the last few days and to this extent the market position is technically better than it has been for sometime. We think that the purely speculative liquidation is over and the market will now go through the usual process of adjusting itself to the new level of prices. Foreign spinners con tiEue to buy October, but as yet the de-
 mand for the immediate from the other side has not been satisfactory. Should the market now steady it is probable that exports will show a tendency to increase. se.-Hubbard Bros 6 Co.