davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1919-07-26
Dun's Review
Rx Associated prs,s
New York. July 25.-Dun.s tomorrow

New York, July 25.-Dun's tomorrow will say:
 The really noteworthy feature of the business situation is not the fact that activities are enlarging, but. rather that the expansion continued with so little sign of abatement during the summer period, when distinct cause is usually witnessed. Yet dispatches from every section of the country and from nearly every trade and industry emphasize the absence of customary seasonal halting, and the weeks ad- vices should remove all doubt if any still exists of the decisiveness and widespread scope of tho after-war re- vival Retarding elements, such as the disquieting labor unrest and pros tracted wet spell along the Atlantic coast have not been without influence, but there is no general slackening<of progress and new records in magnitude of transactions and m prices are not uncommon. Where immediate warts have been largely filled by the recent vigorous purchasing, there is less eagerness among buyers and some lines are Quieter, yet few sellers are obliged to seek an outlet for their products. and not few of them are booked ahead as far as they care to be, with the markets almost daily turning more sharply in their favor
 Weekly bank clearings $7.6SS, .544.
The Birmingham age-herald., 1919-07-26
Cotton Review

New York, July 25.-New crop con- tracts crossed the s6-cent mark this week. establishing, new high records for the present style contracts, with October selling at 36c. December Lat 36.23c and January at 36.10c, reflecting general buying movement at mid week. which had for it's basis heavy rains in all parts of the belt. This up- turn was preceded at the opening of the week by a gloomy feeling over the question of exchange and it's effect on exports, prompted by a statement credited to one of England's leading economists to the effect that he con sidered sterling might go to $4 and that the worlds credit was on the verge of collapse.
 Prices dropped sharply on this pre- diction, but soon yielded to indications that the exchange market was to be supported. prospect later confirmed by rallies and reports late in the week to the effect that Great Britain was planning to establish large credits here for the purchase of cotton.
 This latter influence, taken in con- nection with prospects for a speedy settlement of the marine strike which has held up cotton and other exports for some weeks. and the announcement of the shipping board that vessels would be supplied freely for the ship ment of cotton to Europe. including Germany established confidence on the bull side. and did much to counteract the effects of clearings and warm weather in the southwest late in the week. which has modified the boil weevil talk from that quarter, al though many here believe that weevil damage in Georgia and Alabama this season, owing to the rain, will be the worst on record.
 Opinions on the forthcoming gov ernment reports have changed some- what as result of several private condition figures just issued, and are less bullish than they were a few days ago, when the trade was very pessim- istic over the outlook. owing to the long continued rain, especially in the eastern belt.
 Reports from dry goods districts showed continued activity and high prices, although among some buyers there is a disposition not to follow the advances so keenly as they did few weekss ago.
The Birmingham age-herald., 1919-07-26
STOCK EXCHANGE IRREGULAR AND
 DULL YESTERDAY
Steels, Oils, Motors and Shippings Overcame Early Reactions and Made Up
 Some Losses

New York, July 25.-Trading on the stock exchange today was characterized by comparative dullness and irregularity. Total transactions barely exceeded one million shares, which represented the smallest full session in many weeks. ' In many respects dealings were remin- & scent of midsummer markets of previous Fyears. Prices, ranging in some instances to points, bore no definite relation to current developments and little attention was paid to events in the broader field of finance.
 Bankers heard with interest of reported negotiations for the placing of a large German loan here, but were not inclined to attach much importance to such un- dertakings until certain international financial plans now assume more concrete form.
 Left largely to its own devices or the caprices of traders, the stock market be- came listless after the strong opening.
 Reactions of l to 5 points among such favorites as steels, oils, motors and ship pings were largely overcome, however, prices rallying l to 3 points in the final dealings, leaving preponderance Of net gains.
 Distinctive features were lacking in the days operations, aside from the tenn porary activity of rails at to points gain and broader inquiry for food-and ccpper issues where extreme gains were relatively moderate.
 Otherwise the market was again made up largely of steels, equipments, olls, faotors, tobaccos and shippings, With sprnklng of unclassified shares, includ- ing textiles and distilled issues.
 Mixed conditions ruled in the bond mar ket most domestic and foreign issues' including the Liberty group, easing slightly. ...
 Total sales, par value. were ss,75o, 900. Old II. S. bonds were unchanged on call.
The Birmingham age-herald., 1919-07-26
New York Futures
New Orleans Cotton


 New orleans, July 25.-Smallg ad- Vahces and equally small declines at tended the trading in cotton today The market met conflicting influences rom the start and did not develop any very decided trend at any stage of the session Late in the day it weakened under selling encouragement by reports or lower market for foreign ex change, so that closing prices showed points.
 During the first call fluctuations were irregular. Cables were better than due but the weather man was called fairly favorable. A private bu reau report on condition of 693. show ing loss for the month of IA points. was considered bullish and 1t finally put prices to Is points over yester- oays close. Nervousness over .Y,Jv notices brought a decline which mt prices II to 20 points under yester- oay s close but when it was seen that notces, estimated all the way from o'ooo 10 10000 bales were being stop- pea, the market improved again and IL went to its highest on rumors of the impending settlement of labor trou oles, both in this country and in Eng land. At the topmost levels prices were "A to 29 points under yesterdays final prices. From this there was a de cine in the afternoon, under the lack or a spot demand and small exports. until active months were 20 to 25 points under the close of yesterday
The Birmingham age-herald., 1919-07-26
Over Stewart X Co., Wire

New Orleans, July 25.-On the strength of overnight execution of or ders and selling on better weather in the west the market opened to 10 points lower. The demand was stim- ulated by better news from England. The British miners strike is reported as having been settled. Expectation Of increased exports and some belief that a settlement of our marine strike might follow close on the settlement of the English strikes also tended to strengthen the demand
 Liverpool was about 1s points bet ter than due. Spot prices were 1 higher; sales, 5000; consols were h higher at 51%. The weather map shows cloudy over the eastern half and southwest Texas, generally fair rest of belt. There were, however, general rains in southeast Texas and the Atlantics
 The period for government reports closes today. The two weeks of con tlnued rainy weather over the east Is likely to result In a greater decline in conditions. while over the rest of the belt conditions on the average re- mained about unchanged except that north Texas and Oklahoma were bet ter
 The National Ginners association gives the condition at 69.3, against 70. [ one month ago.
 The market closed steady. with prices ranging downward from 8 to 35 points.
The Birmingham age-herald., 1919-07-26
CONTINUED DROUTH CAUSED TRADERS IN
 PIT ID BE CAUTIOUS
Corn Was Up and Down, While Oats Followed Be- hind, With Provisions
 40c Down to soc Up
By Associated Press

Chicago, July 25--Although continued drouth and heat put the bears at a dis advantage in the corn market today, buyers were more than usually cautious, owing to absence as yet of any reports of notable crop damage. The market closed unsettled. 1 cent net lower to like advance, with September S1 e5ssM 1858. and December $l.65ss@1. .s55s. Oats finished 5s@14c to %c down and provi- sions varying from 40 cents decline to a rise of 50 cents.
 With temperatures above normal and no rain in sight few traders cared to sell short in the corn market. This was especially the case at first Later, how ever, cloudy conditions here induced many holders to unload rather than take chances of the effect that a sudden shower might have on sentiment Con servatism on the buying side of the market was meanwhile associated more or less with current reports that the crop as whole was still in excellent shape, despite the widespread need of plentiful moisture soon.
 Absence of call tended to weaken oats and so too did moderate amount of hedging.
 Provisions were governed mainly by changes in the value of corn and hegs and for the most part were sagging at the close,
The Birmingham age-herald., 1919-07-26
Policy Towards Guard
 Criticized in House
Nv Associated Press

Washington, July 25.-The war de- partment's policy of reorganization of the national guard was criticised today by members of the House military committee when Secretary Baker and General March, chief of staff. appeared to discuss army legislation.
 Committeeman said the impression prevailed in some parts of the country that the department did not want to encourage development of the guard and that all of the s15, 5,06o,000 approp- riation for it's reorganization would not be expended this year under pres ent plans
 Secretary Baker said the programme called for sixteen guard divisions, ap- portioned among the states according to their population, but added that if some states did not organize the guard the funds would be unexpended.
 Major General Jess Nc. I. Carter, chief of the militia bureau, will be called by the committe soon for fur ther discussion of the national guard reorganization.
The Birmingham age-herald., 1919-07-26
COTTON. STAGED A
 l. COMEBACK AFTER A SHORT RELAPSE
General List Closed 20 to 27 Points Above the Pre- vious Nights QuO-
 tations
By Associated Pro.

New York, July 25.-The cotton mar ket started out with a moderate display ot strength today, opening steady at a net advance of to F points, and show. ing further rise later in the day that lifted october to s5. f7c and December to S5sSc, or 20 to 27 points above the pre- vious night.
 Sentiment was inclined to be rather bullish over reports of very heavy rains iii Georgia. which. coupled with firm cables and rumors that Great Britain was about to establish large credits here for the purpose of buying cotton induced a good deal of buying for commission house and local account which was part ly supplied by the south on. hedges.
 The market ruled generally firm throughout the forenoon and early aft erhoon, but turned weak in the last ho,lr under local pressure which was prompted by reports of easier foreign exchange weakness in the stock market and favor. able reports from the southwest where the weather has become clear and warm
 Prices broke 52 to 60 points from ton with October off to 349Sc and Decem- Der to S5.14, closing steady at a trifle up from bottom and g to 60 points un- der the previous night
 The national ginners condition figure ot 6s.S was so little under the previous month that traders questioned if the government report next month would be so bullish as the continued rains in east ern states had led some of the trade to expect
 It is believed now that the marine strike is nearing an end and reports were current during the day that the coal strike in Great Britain had been settled, both of, these influences strength. ening sentiment somewhat.
The Birmingham age-herald., 1919-07-26
Shannon & Co.'S Letter

New York, July 25--Whiie the range Of prices has not been quite so wide as some times. the market has display ed the same nervous irregularity to- day and has been quite as sensitive to small orders either way as before. The early trading was under the in- fluence of more optimistic view of the foreign exchange situation and the 1 reports of the settlement of the coal strike in England which would obviate the necessity of a shut down in Ian cashire for lack of fuel.
 Numerous rains some of them heavy were reported in the eastern belt and serious complaints are increasing in number over the effects of these.
 The question is to what extent the better condition ins the west will serve to overcome the damage east of the river. On the whole, however, the market is acting rather poorly at pre- sent and. fails to hold on the rallies as the trade does not follow prices up and speculators are already long and inclined to liquidate rather than add to their lines Exports 11,000 bales- Post and F1agg.
 R. D. Burgers Letter
 New Orleans, July 25.-The rsnor of gen eral advices were of more optimistic character today influencing market to higher level. It is officially reported that the English coal strike which threatened industrial depression abroad, was settled today. Information is to effect that dew elopments have been such as to indicate an early settlement of the American ma rine workers strike. perhaps today. Re- turns to the National Ginners association association average the condition of the. cotton crop at 693 against TOT last nAnth when the bureau was 70.
 There is a very large quantity of cotton on shipboard at all ports, probably nearly 25,000 bales. awaiting to be cleared for Europe Ships are loaded and tugging at their moorings and when the strike IS settled. will begin to put to sea. Rain was reported from all cotton grow ing states except where needed in Ten nessee, Arkansas and Oklahoma, where none of consequence occurred.
 Rains continue, heavy in localities, n the South Atlantic states and South Texas, with no indication for change in the immediate future.
 The foreign exchange market continues to improve sterling now nearly 20 cents higher than the recent low record, de- mand reported 4H.-H. & B. Bur.
The Birmingham age-herald., 1919-07-26
Metal Market

New York, July 25.-Copper quiet: elec- trolytics and July 21A; August 251kd25; September 24 Iron steady and unchanged
 Metal unchanged quotes lead easier; spot 5.s0 bid; August 5.6006.0o; spelter easier: East St. Louis spot and July of- fered at 795.
 At London: Standard copper, spot 91O6 2s 6; futures a10S Is 6d. Electrolytic, spot e1l0; futures 9103 Tin spot 26O; futures e25S Is 6d. Lead spot 23.115 futures 9247 IS Sd, spelter spot f43 5s 15d futures 9A Is Cd; speiter spot s4s 5s; futures 943 15s
The Birmingham age-herald., 1919-07-26
Over Private Wires
Orer ". I. Phelts & co.,s Wire

New Orleans, July 35.-Small de- clines and equally small advances sue ceeded each other rapidly in the cot ton market today. At the highest levels prices were 24 to 29 points over the close of yesterday. At the lowest they were 1s to 90 points under Buy ing was mainly the result of better prospects of a settlement of existing labor troubles on both sides of tho Atlantic Selling was partly based on better weather outlook over the belt and partly on lack of spot de- mand.
 A sustaining influence of the early session was the National Ginners' as association condition report of 69.s, showing a loss for the month Of 1.+ points. This was balanced by much less rain on the map than has been the case of late and the forecast of dry weather for practically the entire western belt It was trading market and 1t may remain such for while. Shepard S Chuck
The Birmingham age-herald., 1919-07-26
Coffee Market. p. a... o

New York, July 25.-The market for coffee futures developed weakness around the opening when prices were 35 to 40 points net lower under heaviness in for eign markets, but rallied later in the day ant closed steady at net decline of only to 10 points. It developed that traders believed the decline in early cables was not fully justified and upon attempting to cover they came into com petition with Wall street buying which Eallied. the market 20 to 90 points from the opening levels. Closing bids: July, 21 .9Sc; September, 21.S0c; October. 21 65c; Dcember, 2.4oc; January, 1.Ssc; March. 21 35c; May, q .25c.
 Spot coffee irregular. Rio Ts easy at 22ssc; Santos As, 2S4@29c. Firm offers were more plentiful and about Ac cheap CT, with Santos 3s and 4s 30 75c London credits
 The early Brazil cable reported Rio 7s 125 reis lower, with Santos spots un- changed and futures 9 100 reis lower Re- ceipts at the two Brazilian ports. 10000; Jundiahy receipts, 5000
The Birmingham age-herald., 1919-07-26

City of Paris 6s ....... 97
 Colorado & Southern ref. 41ss ... s0h Denver & Rio Grande ref. 5s . 595s Dominion of Canada 5s (1931) ... 95ls Erie gen. As ................-- 52H Illinsis Central ref. 4s, bid . '79
 Int. Mer. Marine 6s 6s... 9Sss Kansas City Southern ref 5s S2
 Liggett & Myers 5s, bid ~ 90
 Louisville & Nashville un. As, bid S4k Missouri. K. & T. 1st As, bid .. 66
 Missouri Pacific gen. 4s ~ CO.'S New York Central deb. 6s ~ 9S
 Norfolk & Western con. 6s, bid 1Qs
 Nortehrn Pacific As ........ T955 Pennsylvania cons 41ss ....... 95A Pennsylvania gen. 5s .......... o2h Heading gen. 4s INSTRUMENTATION. S21s Republic Iron & Steel 5s (1940). s4
 St Louis & San Fran. adj. 6s, bid SIS Seaboard Air Line adj 5s .... 51
 Sinclair Oil & Refining sf. Is, bid g9% southern Bell Tel. 5s ......... 90 Southern Pacific con. 5s ........ 106h southern Railway 5s ...... 92 southern Railway gen As ...... 65is Texas Company con. 6s ........ 10sls Texas & Pacific 1st, bid ....... 91A Union Pacific As ............ S5A U. s. Steel 5s ................... 100Ss Virginia Caro-. Chemical 5s .... 96
 wabash 1st, bid ............... 92h
The Birmingham age-herald., 1919-07-26
Money Market.


 New York, July 25.-Mercantile paper. 94@51s: sterling 60-day bills, 4s4; com merciai 6O-day bills on banks. 1884 com mercial 6o-day bills 4.34; demand, 4.3S; cables, 4.3e. Francs, demand TIA, cables TIP; guilders, demand S71k, cables s7S4 {; lire, demand S.5S, cables S.56: government bonds, irregular: railroad bonds irregu- lar; marks. demand 67s. cables 71s. Time loans, strong; 50 days, 90 days. six months, bid. NCal1 money, steady rul- ing rate, $; bank acceptances, A. Bar silver, S1.07&; Mexican dollars, S3%
 London, July 2s.-Bar silver, $ 1-16d per ounce. Money, 27s per cent; discount rates, short bills 7-1edS15 per cent three-month bills, 3s-1sdess per cent
The Birmingham age-herald., 1919-07-26

practically al lothers are also limiting u cir orders and some out of the market entirely. There is said to be enough sugar on hand to take care of refiners' melting for week. but should the strike con tinue, and should arrivals drop off there would be serious delays in both shipments and deliveries.
The Birmingham age-herald., 1919-07-26
Hubbard Bros. & Go.

Cotton Merchants. Hanover Square. N, Y. Members New York Cotton Ex- change, New Orleans Cotton Exchange. New York Produce Exchange, Assoc.- ated Members Liverpool Cotton Asso- citations. Orders solicited for the pur chase and sale of Cotton and Cotton Seel oil for future delivery. Special attention and liberal terms given for
 consignment of spot cotton for deliv-
 cry. Correspondence invited
The Birmingham age-herald., 1919-07-26
Train Kills Six
'y Associated Press

Knoxville Tenn. July 2s.-Jess Mo Dade, q returned soldier, was killed and his wife and sister, also three children of MT. and Mrs. McDade, had a close call. when an automobile oc- cupied by the party was struck by Southern railway fast passenger train No. 2s the Memphis special at Clev< land Thursday morning.
The Birmingham age-herald., 1919-07-26
Cotton Seed Oil
Bx Associatad Prasa

New Syork, July 25.-Cotton-seed oil
 started firm on short covering but finished
 lower. Local and outside longs turned sellers on the heaviness in lard and cot
 ton. Leading months showed net losses of
 l5 to 30 points at the close. Sales 4.00i barrels. Prime crude nomnal; prime summer yellow spot and July 27.5o; Sep tember eS.25: December 230
The Birmingham age-herald., 1919-07-26
Cushing Urges People
 to Buy Their Coal Now
ey Associated reu

Washington, July 3.-George H. Cush- ing, managing director of the American Wholesale Coal association, told the House rules committee today that the public would be to blame for the coal famine which the country probably will suffer.
 There is plenty of coal in the ground, he said, and plenty of miners to get if out. But unless the coal users of the country buy, the coal will not be mined"
 MT. Cushing said coal produced before last April 1 had been burned and that production since than had fallen short of the yearly demand by at least 125,0oo,o0g tons. Part of this shortage can be made up, he said, if coal orders are placed be- fore railroads are tied up with move ments of crops. After that it will be too late, he added.
The Birmingham age-herald., 1919-07-26
Hester's Weekly Cotton Statement

Statement of WOrYds vlsibIeF supnIy.
 Total visible this week, 4.s26, 900; :; last week. 4,sS8.000; same date last year 3,o55,o00; same date year before, 2.s07. 900. Of this. the total American this week. s.2s4,ooo; last week. s.26S.- 900; last year, 1.ss6.o0o; year before, ,504, 900. All other kinds this week, 1,592, ,0O0; last week. 1,620, 900; last year, 1.11s, 900: year before. As0s. .o0o. Visible in the United States this week, 2,0f0.- 900; this date last year, 1,605.D00
 Visible in other countries this week, 2,7ss, 900: tins date last year. 1,450. 900.
The Birmingham age-herald., 1919-07-26
Dry Goods

New York, July 25.-Cotton goods today were firm, prints advancing to 19c for standard indigos. Cotton yarns advanced again and larger sales were made to knitting trades Wool markets were\firm with finer grades active. Burlaps ad- vanced and spot offerings were scarce. Raw silk was firm but unchanged