davidaulloa/AmericanStories huggingface dataset:
The Greeneville daily sun. (Greeneville, Tenn.) 1918-1920, 1919-04-02
RUSSIAN BOLSHEVIK AGENTS ATTACK PlTTSBURC ARSENAL
Knoxville Will Have Two Parades, One
Friday, the Other Saturday Afternoon;
115th Parades Friday, 117th Saturday


CAMP JACKSON, April 2.-Un-
less something unforeseen occurs the
117th infantry will arrive in Knox
vile next Saturday morning about 8
o'clock. The schedules announced by
Col. Cary F. Spence last night call
for the section to leave Camp Jack
son Friday afternoon at 4 o'clock. If
no transportation trouble intervenes
the plans will stand.
The regiment will move in six Sec
tions. Col. Spence expects to have
the entire command in Knoxville in
time to parade about noon but the
time of the parade will rest with the
local committee.
The men will march with full field
equipment including helmets and gas
masks. A feature of the review will
be the isolation of medal men who
will precede their individual compa-
nies.
Brig. Gen. Sam L. Faison, acting
commander of the Thirtieth division
will arrive at Camp Jackson Wednes-
day night along with the remainder
of the 117th infantry-companies G,
H, |, X, L, and M. Col. Spence's plans
to have these men 60 through the de-
lousing process Immediately after
their arrival and the work will con-
tinue throughout the night so that
Thursday can be given to putting the
finishing touches to uniforms and
equipment before the men enter Ten
nessee.
KNOXVILLE, April 2.-Defnite
that the 115th field ar
tillery will be in Knoxville Friday and
the 117th infantry Saturday was con-
tanned in a telegram received Tues
day BY Mayor John e. Mcmillan from
Col. Cary F. Spence.
The message was as follows
"Six companies not yet arrived.
Expected tomorrow. 115th will pa
rade in Knoxville Friday. 117th Sat-
urday. Will wire at once if any
change"
The six companies of the 117th in
fantry which are expected to land to-
day are aboard the transport NADIA
waska. Following the disembarking
of the troops, they will have to go
through the delousing process and it
will be impossible for the regiment
to leave Camp jackson before Friday
evening.
Local officials of the Southrn rail-
way were notified last night that the
115th field artillery will leave Camp
Jackson on Thursday, April 3, on
three trains and that the 117th infan-
try will leave on the afternoon of
Friday, April 4, on six trains, arriv-
ing in the city Saturday morning.
Previous reports were that the
115th field artillery would arrive in
the city Thursday and the 117th
would be here Friday adm still anoth-
er report was received that both the
115th and the 117th would arrive on
Friday.
Preparations for the reception of
the troops are being completed. 1t is
planned to entertain the heroes with
one of the greatest demonstrations in
the city's history. Thousands of Wis
itors are expected to come to Knox
vile during the two days celebra-
ton. Railroads, entering the city will
put on additional trains to accommo-
date the crowds of out-of-town
guests. Among these visitors will be
a special delegation from the general
assembly of Tennessee, who will come
to welcome the famous 117th infan-
try.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
FLEECY STAPLE H|TSFURTHER BREAK IN
|TObOGGAN ON The EXCHANGE CAUSED.
BEARISH REPORIWEAKNESS IN CORN
Oats Followed It's Ally,
While Provisions Went
Down zoe to 40c Under
Previous Day

Chicago December 11.-Pronounced
weakness developed in the corn mar
ket today, chiefly as result of big
breaks in foreign exchange. The close
was heavy, 1%c to Sc net lower. with
January s1s5A to s1.S5A and May
s1.s2 to $1.S2A. oats lost re to 1%c
and provisions zoe to 42c.
1t took but little time for attention
in the corn pit to focus on the extreme
depression Of sterling and francs.
4 Besides, the actual settlement of the
coal strike brought with it desire on
the part of the many holders to realize
on their anticipations, especially as
larger receipts and moderating tenn
peratures promised to act as a weight
on values. Under such circumstances
an opening show OF strength associated
more or less with higher quotations on
hogs disappeared quickly, and with in
dications of free selling by the country
the market kept on the down grade I'M
til the finish. with no evidence at any
time of such power to rally.
Oats paralleled the action OF corn
Most of the pressure came from liqui-
dating sales.
Talk of a poor outlook for exports
more than counterbalanced in the pro-
vision market the fact that hog prices
were higher.
Discouraged about exports was
ascribed to the collapse of exchange
rates
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
New York Futures
New Orleans Cotton


New Orleans. December 11.-Wide de-
clines came upon the cotton market today,
prices breaking in the early trading and
remaining depressed until the govern
ment's estimate of the crop at 1 o'clock,
after which they became softer than ever
The market closed barely steady at prac-
tically the lowest of the day, at net losses
OF los to 14S Joints. The estimate of the
crop CT 100000 bales of 500 pounds gross
weight was considerably above general
EXPECTATIONS.
Around the opening the market was 4
to 16 points higher on buying, encouraged
by the settlement. of the coal strike, but it
almost Immediately ran into selling based
on the export freight embargo, declared
against southern ports, and values melted
away until the market was at net declines.
Just before o'clock the trading months
were at net losses of 81 to 81 points, an
as soon as the crop figures were known
prices broke 50 to II points further on the
most active months. Pressure continued
to the close, and. to all appearances, much
of 1t came from liquidating longs jan
uary closed at SO. 25c, which compared with
the spot price on middling of 80. Toe, spots
being reduced by 25 points.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12

pectation of the average trader. AS was
natural, the report was followed by a
sharp decline on selling for both accounts
though there was more or less cover
ing, which helped to, steady prices, and
there was also a demand through foreign
houses. A broker who often acts for
leading Japanese interests took about TO-
600 May at Si.50c. and trade houses gem
orally were buyers on scale down, but
pressure was heavy, and after few raj
lies prices began to settle again with the
market unsettled.
Most of the long interest is in the hands
of trade, and greater part OF the recent
selling has been for liquidation by out
side longs. or for speculative short &C
count. If the report states southern
selling on large scale to liquidate spot
holdings the end of decline is probably
a good way off. Post & Flagg.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
MARKET SHOWED
STRENGTH EARLY ON
STRIKE SETTLEMENT
Mexican Situation ASSN
a Delic tie Aspect on F,
eign-Owned Securitie-,
In That Country

New York. December n.-Settlemels Of
the coal strike infused a semblance CT
strength in the stock market at the outset
of today's operations, but this was speed
lily dissipated when foreign exchange. par
ticularly the British rate, manifested more
acute weakness.
There were TO actual developments to
explain the further alarming depreciation
of International exchange, other than re-
ports on the exchange that the present
session of Congress probably would OPP
pose the authorization of foreign credits
or loans.
The Mexican situation also assumed
more delicate aspects, rumors in connec-
tion with ofreign owned concession in that
country accounting mainly for the general
depression of active petroleum issues.
Advances ia prices of structural steel
and windred products were attributed by
trade authorities not so much to imme-
date or prospective demand as to the
widely recognized fact that supplies were
unusually low because of reduced output.
The money market held consistently to
its recent rigid course. call loans opening
Vt per cent and advancing to 10 per cent,
With the approach OF the final hour, but
the greater part of the days transactions
were negotiated at the lower figure.
Stocks register ed their minimum quota
lions in the later dealings, when rails,
especially Canadian Pacific, developed
marked weakness. The general list, nota-
bly, motor, oil and steel issues, soon joined
in the reaction, the market closing In
weakness and disorder.
In. some quarters the theory was ad-
vanced that existing adverse movements
of exchange made foreign liquidation OF
american stocks profitable, but this form
of reasoning found few supporters IN
banking circles. The action of the federal
reserve bank in ordering another increase
of interest and rediscount rates did not
become generally known until long AFTER
the close of the stock market.
All classes Of bonds, domestic and for
moign, were variably lower on larger ana
more diversified dealings. Total sales par
value, aggregated s27,65O.0oo.
Old United States bonds were unchanged
on call.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
General List Closed Easy at
Net Decline of 81 to 100
Points Under the Close
of Wednesday

New York. December 1.-THE govern
ments crop estimate of 100000 bales
was followed by very severe break in
the cotton market here today. Prices had
been lower during the morning owing to
the continued weakness of foreign ex-
change and uncertainty as to just how
long the coal restrictions might remain
in force, and when the unexpectedly high
crop figures made their appearance the
selling became general and excited.
March quickly broke from SAC to 33.20c
and later sold at 3295c or 10 points net
lower, with the general list closing easy
at net decline of 81 to 100 points.
For the first time In the memory of
some of the older cotton men here, the
governments estimate placed the yield
above any of the private estimates pub
iished here in advance of its publication,
and nearly half a million bales higher
than the average of the private figures.
The official statement consequently
took traders entirely by surprise and the
effect was increased by nervousness over
outside conditions. The opening was IS
points lower on December, with later
months unchanged to points higher, and
the market soon weakened under near
month liquidation, stimulated by the cir
culation of few December notices
After selling about rs to IS points net
lower the market steadied slightly on
covering for over the government report,
but the tone showed little Improvement
and there was selling by eastern belt
spot houses accompanied by talk OF an
easier basis. Selling was general after
the publication of the report, with De-
cember breaking to S7.05c, January to
IS. Csc and May to BLOC, or las to 100
points net lower, while later months
showed losses of 81 to 40 points Foreign
trade interests were good buyers on
scale down, but the close was at approx
imately the lowest of the day.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
Thomason, Parker & Co. Private Wire

New Orleans, December 1.-THE gov.
ernments estimate of 100000 bales OF
cotton grown in the south this year
caused heavy selling of contracts this
afternoon, breaking the market about 81
a bale on top of previous losses, ranging
from about 80 to so points. Immediately
after the report March lost 70 points and
May lost 60. 1t is likely that the bear
ish effect of the estimate was increased
by confusion over weights of bales, the
figures being in 5O0-pound gross weight
bales, which, reduced to commercial
bales, would make the estimate mean
only about 100000.
The opening was higher, and during
the first call prices rose to 16 points,
but the market quickly met selling based
on the freight embargo against southern
ports, which threatens to restrict the
movement of cotton greatly. There was
gradual sag, the. tendency becoming
pronounced under liquidation as the time
of the government estimate drew near
Late in the day the market stood at net
losses, of 101 to 1870 points and closed near
the lowest figures-Shepard & Gluck.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
Port Movement

New Orleans: Middling, 3s.75c; receipts,
1856; sales, II .475; stock. 1888
Galveston: Middling, 41c; receipts, 1l,59l;
sales, 224S; stock. 35S. 7S9.
Mobile: Receipts. 2002 stock. 1885
Savannah: Middling. CSC; receipts, $685.
sales, 1850; stock, 349,147.
Charleston: Receipts, 2675; stock, 1904
Wilmington: Receipts 1852; stock, "a, 3S9
Texas City: Stock, 1854.
Norfolk: Middling. &c; receipts, 3l37;
sales, TAG; stock, 102, All. M
Baltimore: Stock. 1850.
Boston: Middling. s9.45c; receipts. 2o4;
stock. 500.
Philadelphia: Middlins. ss.75c: stock.
10, 497. -
New York: Middling. $500; exports.
1871; stock. 1872.
Minor ports: Stock, % 4Ss.
Total today: Receipts. Ss,27s; exports.
20021; stock, 1.609, S02
Total for week: Receipts, 1872, 1873; ex-
PORTS. 1905.
Total for season: Receipts. s.1ss,547; ex-
ports. 2,232,753.
Houston: Middling. soc; receipts. 1890:
shipments, n,932; sales. 1914; stock. 2s2.-
1885,
Memphis: Middling. $500; receipts, ~
s4; shipments, 1887; sales. 1850; stock.
267, 500
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
Dugan & Bouden,s Letter

New orleans. December 11.-After
small advance on the opening today,
based on the settlement OF the coal strike,
the cotton market fell off under selling
stimulated by the declaration of a freight
embargo against all southern ports. The
tone was rather easy when the govern
ment issued it's crop estimate at o'clock
and prices fell rapidly thereafter on the
bureau figures of 100000 bales of 800
pounds gross weight which were larger
than expected. The market finally closed
at practically the lowest of the day
Duggan & Bouden.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
LIVINGSTON OIL
CORPORATION
NOTICE TO STOCKHOLDERS

The Livingston Oil Corporation has de-
clared its regular 3 per cent quarterly divi-
dend and in addition thereto has apport;oned
to the stockholders treasury stock of the
company to the extent of 5 per cent of their
respective holdings. both payable on Janu-
airy 1. 1920. to stockholders Of record at the
close of business on December %. 1919
Any stockholder entitled to receive frac-
tional share will receive in lieu thereof cash
to the extent of the par value Of such frac-
ton.
DATED, December 4th, 1919.
HERMAN LIVINGSTON, Secretary.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12

I. w. Law & Co.'S Letter

New York, December 11.-Urgent
liquidation. especially of the near po-
sitions. caused the lower market be-
fore the issuing of the crop estimate
and when the bureau of crop estimates
announced the figures of ll,OSoOOo
bales, exclusive of linters, 1t brought
in fresh liquidation, the result of
which was that the prices declined for
near positions approximately no
points. with distant months about 100
points lower. The continued pessim-
istic and economic conditions have
caused a change of feeling in the trade
and for the time being there is no
urgent speculative demand to take
care of any realizing by old long in
terest The south was a moderate
seller after the report. w. Jay &
~
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
Lowest on Record

New York, December 11-New low
record ON foreign exchange rates
were made today, when demand
bills ON the pound sterling fell TO
$3.71A. An cents below yesterdays
closing figures, and lire checks
dropped 10 centimes. being quoted
mt the rate Of 1888 for the dollar.
The rate ON franc checks was
slightly improved and early quota
lions were made ut the rate Of 11.S2
for the dollar ,up centimes.
Before the war the pound sterling
was quoted at e4.S65, and francs and
lire were sold Mt the rate Of about
5.1Sh for the dollar.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
Live Stock


Chicago, December 11.-Hogs-Re-
ceipts, $4,000. Estimated tomorrow, 49,
900; zoe to Csc higher. Closing weak.
Bulk, s12.s5@13.25; top, 1880; heavy,
$12.S5 @13.30; medium, $12.90@13.30;
light, $12.S5@13.25: light, $12.50@
1900; heavy packing sows, smooth,
$12.25 @12.75; packing sows rough,
$11.75 @12.25; pigs, s11.75 @12.75.
Cattle-Receipts 10000. Estimated
tomorrow, 5000, weak Beef steers,
medium and heavyweight: Choice and
prime, $4,000 21.50; medium and good,
s11.50@19.00; common, $s.00@11.50;
lightweight, good and choice, $4,000
20.75; common and medium, 1925 a
1925; butcher cattle heifers. se.75@
1850; COWS, s6.50@1425; Gamers and
cutters, $5.50@6.50; veal calves, $16.75@
17.75 feeder steers, sZ00@12.5o; stock
err steers. s6.00@10.75 western range
steers. s75o@15.00; cows and heifers.
$6.50@12.50.
Sheep-Receipts, 1000. Estimated
tomorrow, 10000. strong. Lambs $14.75
@16.S5; culls and common, $11.00@
$t4.50 ewes, medium good and choice.
$s.00@10.O0; culls and common, $500
17.75.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
Clark & Co.'S Letter

New York. December lI.--The crop
estimate of 100000 bales came like
bolt out of the blue sky and values
crumbled like a house of cards. The
trade will now have to accustom IT.
self to the changed condition. In the
opinion of many, however, 1t is felt the
department has over estimated the
crop. Spots are worth as much as ever
and the south will not sell at the
slightest ooncession.-Clark & Co.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
Bank of England

London, December 11.-Bank of England
statement, changes: Total reserve de
creased e5S0,O00: circulation increased 4e,
600; bullion decreased e13o,721; other Sc
curities decreased e1,725,000; public de-
posits decreased ego, 600; other deposits
decreased 9s,849,OO0; notes reserve de-
creased e459.0el; government securities de-
creased e7.096.0oc The proportion of the
banks reserve to liability this week is
1888 per> cent; last week it was 1921 per
cent.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
Cottonseed Oil

by ASSOCIATED Prcss
New York, December 11-Cottonseed
oil was irregular. nearby delivery rul-
ing higher on replacing by recent SELL
ers. while forward months declined IN
the weak showing in lard, cotton and
foreign exchange. Final. bids were 20
points higher to 10 points net lower.
Sales 10000 barrels Prime crude.
17.50@1S.00; prime yellow spot, nom
inal; January, 20.1S; March. 20.45; MAY.
-20.64; prime winter yellow and sum-
mer white, nominal.
New York. December 1.-The cotton
seed oil market closed unsettled. Prime
summer yellow nominal December, Il. 9Oc.
January. 20 lsc; February, 2010c: March.
20.45c; April 2e.45c; May. 20.64c; June,
20.6oc; July, 20.74e. Salecs, $500.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
LIVINGSTON REFINERS
CORPORATION

Notice to Holders OF Preferred Stock
The Livingston Refiners Corporation has
declared its regular. per cent quarterly div.
idend on its Preferred Stock, payable jan
nary LIST, 1920. to holders of record thereof
at the close of business on December 20,
1919.
DATED, December 4th, 1919
HERMAN LIVINGSTON, Secretary.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
HOW THEY CLOSED

New York. December 1f.-FhaI
prices Of Liberty bonds today weres
SEs. 0O.34; first IN. O3.7Z, second
4s, 31.76; first 4Hs. 03.s8, second
AIS, 92.1O; third Ans, 04.O4; fourth
AIS, 1924; Victory SEAS. 96.9s; vic-
tory 4Hs. 08.O&
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
Naval Stores

BY NssNCIatdu FFoss
Savannah, December 11.-Turpentine
FIRM, 1571s; sales IS; receipts 81; ship
ments sos; stock 13,4ss. Rosin steady;
sales al; receipts 6l0 shipments LOSE;
stock 510S7 Quote: B, 1925; D. 1880; e.
1885; f. $780, G, 1885, II. 1850; I, II; X,
1870 NJ, 1880; N, 1875; VIC. 2o75, WV,
81 En
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
Produce Market


BY Associated Press
st. Louis, December 12,-Poultry, hens.
23c; springs, &c; turkeys, CSC; ducks, 2Sc;
geese, 2Sc. Butter unchanged. Eggs, re.
Chicago, December n.-Butter lower,
57@67c. Eggs lower, 74D75c. Poultry,
alive higher; springs, 231kc; fowls 1SM25c
New York, December 11.-Butter steady,
62G2c. Eggs easier. s2aSsc. Cheese
steady, 3l@e2c.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12

shipments, 4247; sales. s55; stock, 214,2so.l
st. Louis: Middling, 4050c; receipts.
1868; shipments 1899; stock, SOS.
Little Rock: Middling. soc; receipts. 800.
shipments. 40; sales, 479; stock, 1854
Total today: Receipts, %, 237: shipments
q, $50; stoc9, S73,661.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
Dry Goods Market

New York, December n.-Cotton goods
today were quieter with some easing in
spot print cloths. Yarns were firm and
burlaps steady. Silks were quiet.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
Over Private Wires
S. n. Steward III Cn,a Ietter


New Orleans December 1I.-At the
time our market opened today Liver
pool was 4 to IL points better than
due. but spot sales there were smaller,
5000, bales. showing that the tension
over the coal strike situation and
fears of restricted Importation mad
been lessened.
Our market opened irregular, 20
points off on December. s to IA points
during an active market within 60
points limit for December and lis to
l65 points on other positions, and
closed barely steady, 60 points off for
December and ITO to $50 lower for the
day on other months.
The government crop estimate is
sued at 1 p. m. of 10000 goo bales took
the majority of traders BY surprise ans
brought about heavy liquidation and
professional selling that sent the mar
ket off 55 to 20 points on the publica-
ton of the report The estimate eX-
ceeds the average expectation by $780,
600 to 400. 900 bales and under present
unfavorable surroundings this may tell
further on the market. The Increased
supply. together with these surround
ing conditions and numerous outside
disturbing factors, will probably give
a lower trend of values that may Gull
inmate in much lower prices after the
turn of the year.
The close today was around the low
point recorded and on any further de-
cline tomorrow purchases for rally
seem warranted.-John f. Clark & Co.
w. E. Campbell s. Co.'S Letter
Uncle Sam was kind to the bear to-
day when he flashed his estimate of
11.030,000 bales for this crop.
The foreign exchange earlier in the
day was quite favorable to the bears.
Smoking sterling quoted at the very
lowest. which showed $3.50. The mar
ket evidently was quite long, for at
no time during the early trading did
it show any real signs of recovery.
We have been quite bearish for some
time and we must say that the market
has tremendous effort ahead of 1t
to hold these prices with an 100000
bale crop on its chest
The market will be higher tomor-
row during the session, but it is doubt
full IL it will hold
DO not rush to sell. but do so on all
hard spots and then not too much
w. e. Campbell & CO.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-12-12
sb,rnon e Co.'S Letter

New York, December 11.-For the first
time on record the government estimate
OF the crop exceeded all private estimates
published and was much above the ex-