davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1919-01-31
Bill Provides for a
 Centennial Commission

Montgomery, January 3.-(SpeciaL)
 Appointment of the Alabama centen-
 nial commission, whose duties will be
 to provide a suitable celebration of the
 one hundredth anniversary of the ad
 mission of the state into the union, is
 provided for in bills introduced in the senate and house late Wednesday,. The
 author of the senate bill is MT. Bed
 sole. while the house bill is by MT. |fHare. Funds for the work of the com
 ission are provided for in the bills In the afternoon Representative Blunt introduced a bill in the house
 which provides for the submission to
 the voters of Alabama at the general
 election in 1920 the question of amend ing the law which relates to the pay given members of the legislature The government of the United States is asked to relinquish it's hold on rail
 roads and all public utilities in a reso- lution which was adopted in the house by a vote of 40 to 32. The author of
 the resolution is Faulk of Geneva. Speaking for the resolution Faulk said government operation of the utilities leads to the building of a strong po- litical machine. The resolution will go ] to the senate for concurrence.
 The house rules committee made a l favorable report the resolution | which provides for M- appointment of | a recess commission to study the pro-
 posed new state code of Sam Will John.
The Birmingham age-herald., 1919-01-31
New York Futures
New Orleans Cotton

New Orleans, January 90.-Nervous fluctuations carried the price of cotton today both above and below the level of yesterdays close. but early buyers turned sellers late in the session so that the net change in values was insignificant. the market closing i point higher to 10 points lower than the final quotations of yesterday.
 Opening prices were lower. brokers hay Ing a considerable volume of overnight selling orders to fill. On the first call the market went 16 to 2S points hnder the close of yesterday, reaching at this time the lowest levels of the session Immediately after the call the demand qu.ckened and values commenced to rise. and during the greater part of the re- mainder of the day there were frequent advances which, however, were inyaria- bly, followed by recessions
 At the highest the trading months were 39 to 57 points over yesterday s firal prices, March touching 2556c Fresh buying was encouraged in moderate way, by reports of slight improvement in the spot demand at interior points, with some little business doing for export at the new freight rate basis. The growth of the movement to encourage spot holders and to reduce acreage also helped the market to some extent.
The Birmingham age-herald., 1919-01-31
BULL|SH RUMORS
 LIFT CORN PRICES
Oats Were in Sympathy, While Provision List Was Unchanged to, soc Un-
 der Wednesday
By Associated Press

Chicago, January 3o.-Evidence that Ar genuine corn was difficult to purchase and rumors that the entente allies would abandon efforts for a cereal agreement with Argentina did a good deal today to lift the corn market here. Prices closed strong, 214c to 4%c net higher with May 120A to 7201A and July IT to lNA. Oats gained 12c to 17sc. In provisions the outcome was unchanged to soc lower.
 Strength in corn developed after an initial setback dee to misgivings which resulted from British import curbs on many new commodities. This depress- ing influence, however, was soon more than counterbalanced by official denial that the American food inistration contemplated any re-selling of wheat at less than the guaranteed basis. Sub sequently word was received that high bids found no Argentine corn for sale. and that acute labor troubles at Buenos Aires had decided the entente not to sign the proposed grain convention with Ar gentina. For the rest of the day bulls ruled the market and were aided by urgent domestic feeding requirements and by assertions that four big Illinois distilleries would be converted into plants to make corn sugar.
 Oats parafeled the action of corn Support for provisions was absent ex- cept in declines
The Birmingham age-herald., 1919-01-31
Reserve Banks Break
 Records on Earnings

Washington, Janrary 30.-The |. fede-a, reserve banks broke rec crds ;n 1918 by piling up m az .yrec,te of 543y.9G0 net earnings, largely from reJiscount operations, as compared with S11.2O2IOOO the year before. Gross earnings, the fedora. reserve board reported to- day,-were xG7 ,JS4 OfsO.
 After paying s5 54n.oNO dividends of Der cent on capital stock, and trnnsfcrring $2l ,605. .O00 t0 their surplus fund, the banks reserved s2G,72S, 600 as the government fran- chise tax. This represents profits to tbe government frs.n operation of the federal reserve system, Nearly half of this amount came from the New York bank. which turned over S12.-05 OGO to the gov ernment from it's s22,634.OO0 net earnings.
 Net earnings of the banks were as follows:
 Atlanta. q. .665 .5S5: Richmond, $:.- 325 :2.; St. Louis, S1 .neSe, ,S07; New York, so2 s34 .O3s. Philadelphia, S3.- :7O,sc4. Cleveland. A.234,e7s; Chi caso, S6.SSI .O73; Minneapolis. &1,- 5s5,54s; Kansas City. sc762.70s; DnIIns- s1,554,102, San Francisco. s3.1l7,215. and Boston. s3,5O5,1sO.
The Birmingham age-herald., 1919-01-31
PROFESSIONALS IN CHARGE OF MARKET Steel Made Gain of 1 1-S Points, Which It Held During the Entire
 Sessoin
RX Assncisted PresH

New York January 31.-Pools and other |, professional interests resumed their bull fish activity in stocks today, operating almost entirely in various speculative is sues, while rails and other representative shares were backward or altogether neg lected.
 Analysis of the United States Steel quarterly statement was productive of considerable short covering in that and affiliated shares Steel making an extreme advance of IS and holding it's gain with marked improvement in others of the same group.
 The lack of interest in rails of which Texas and Pacific was the striking ex- ception, was again ascribed to adverse statements of earnings and another post ponement of dividend action by the St. Paul directors.
 Oils and shippings contributed measur. ably to the activity and firmness of the forenoon, but gave way later. Mexican petroleum reacting over 3 points and Ma rine preferred almost as much.
 Motors and their subadiaries featured the mid-session and final hour gains in that division extending from IF for Stu. debaker to for General Motors and 312 for Springfield Tire.
 Hide and Leather preferred denoted further accumulation and tobaccos, cop. pers, distilling shares. sugars and local utilities &ere intermit ttently strong, Con- soidated Gas rising points on an- nouncement of the regular dividend.
 The domestic bond list was steady on light trading, Liberty issues shading Eominally. International bonds were de void of feature, Paris 6's forfeiting their fractional rise. Total sales. par value aggregated $11, ,225, GOO
 Old United States bonds were un- changed on call.
 Final prices on Liberty Bonds today were 31as, 9906 first convertible As, 93.30; second As, 93.o6; first convertible 4As, 95.50; second convertible 4As, 94.52; third 41zs, 95.40; fourth IA H.4e~
The Birmingham age-herald., 1919-01-31
COTTON ABOUT ON
 AN EVEN BALANCE
General List Closed Steady at Net 10 Points Higher to
 10 Points Lower
By Associated Press

New York, January 30.-Yesterday's big break was followed by nervous and ir- regular fluctuations in the cotton mar ket today. The general list closed steady net 10 points. higher to 10 points lower.
 The market opened steady at a decline of to Sl points under overnight sell ing orders. A good part of this selling was attributed to the south. but the of. ferings were absorbed around the in itial figures with Wall street a good buyer on the advance which carried and July from 2O.4ec to 21.O5c during the middle of the day. There was also cov- ering which was probably promoted by the extent of theN recent declines and reports from the south that planters were planning to plant for crop of not over 100000 bales this spring.
 There was talk, too, of an increased export movement by the middle of next month, accompanied bA rumors that Bel gian interests were placing orders here for considerable cotton, but offerings be- came heavier at the net advance of about 10 to 50 points and fluctuations were irregular in the later trading. March closed at 22.bic ana July at ZU.5lc, max ing reactions of about 39 and 54 points from the best.
 Reports from the goods trade indicated prospects for increased mill curtailment in New England and southern sections and there were private advices from the south claiming that manufacturers were reducing wages as we'll as running time owing to a poor demand for their product.
 Manchester cables reported more de- rnand for yarns and better business in cloths, and Liverpool was a moderate buyer in the local market during, the morning.
The Birmingham age-herald., 1919-01-31
Kentucky Race Tracks
 to Change Owners
Ry Associated press

Cincinnati. January 3o-An agreement was signed here tonight by which the Latonia. Ky. and the Douglass Park, Louisville, Ky.,. race tracks will pass into the hands sof company of Ken ,tucky thoroughbred horse breeders within 90 days.
 The agreement sets forth the conditions of the sale and the prospective purchasers have 30 lays ingwhich to prefect their organization, and make their payments. IL was signed by State Senator Thomas A. Combs and Judge Allie w. Young. representing former United States Sena- tor John N, Camden and Edward F. Sims, the principal underwriters of the breeders company. and the sellers were C. A. Tiles, John Hachmeister and Har- vey Myers owners of the two tracks.
 The purchase price for the two proper ties was not made public.
The Birmingham age-herald., 1919-01-31
Last Installment on
 Loan Due Yesterday

Washington, January 30.-The last 90 per cent instalment payment on the fourth Liberty Loan fell due today, but because of overpayment of past install ments. only s40O,0000O0 remained to be paid into the treasury. This is one-fifth of the amount which would have been due today if bond purchasers in the past had not paid their installments before they were due. Of the $6,9s9. 100000 sub scription to the fourth Liberty Loan. $6,6SO. .0O0.O00 have already reached the treasury.
 A block of $6i1 GOO, 900 of certificates of indebtedness. the last issued in antici- patton of the fourth Liberty Loan, also fell due today and will be paid largely out of proceeds from Liberty Loan in stallment payments.
The Birmingham age-herald., 1919-01-31
Salesmen Wanted

High class statesmen wanted tflour and orn products). Indiana mill of large ca acity with well established brands of soft and hard wheat Hours has gooo opening in the southeastern states for aesman of proven worth and ability Also has good opportunity for sales
 ,an experienced in corn for specializing Dn corn products. Men possessing quail flcations necessary to successfully fill -hese positions will do well to act quickly
 Write for application blank if interested. Correspondence confidential. Address Box 4ss, Lawrenceburg. 1nd.-Adv.
The Birmingham age-herald., 1919-01-31
Russia Ruined Unless BOlsheviki .OverthrOwn
 Declares Grandmother
Ky Associated Prasi

New York, January 30.-Russia is a ruined nation, corroupt, starving. and with a hopeless future unless Nhe bol- sbeviki are overthrown," according to Mime. Catherine Breshkovskaya. the 75- year-oId grandmother of the Russian re- volution,' yho arrived here today from Chicago.
 many Americans greeted the aged revo- lutionary socialist with kisses and flow CTS at the railroad station and escorted her to the Henry Street settlement on the Eastside where she will be entertained during her Stay in New York e
The Birmingham age-herald., 1919-01-31
Hubbard Bros. & Co.'S Letter

' New York, January 3o.-CabIes to- day were not quite so low as expected and after some weakness at the start our market was decidedly steadier than yesterdav At one time sufficient spec ulative demand from Wall street ap- neared to advance prices quite sharp lv hut as this buying attracted no outside business and as the south sold quite freely, the advance failed to hold. The undertone, however, was not as week as yesterday and despite cratic and nervous fluctuations. the market closed at about last nights prices.
 There were rumors of business Tor
The Birmingham age-herald., 1919-01-31
Fugitive Gives Up

Savannah, Ga, January 30--Walking Into the office of Deputy United States Marshal Kea today Fred G. Rice. wanted at Roachdale. Ind, declared he was a fugitive from justice and wanted to sur render. He said that while he was at Roachdale he found himself s4oO0 short in his accounts United States Mar shal Storer has confirmed Rices state- ment and asks that he be held
The Birmingham age-herald., 1919-01-31
Would Stop Speculation

Columbia, s. C.. January 30.-A federal law to prohibit buying and 4elling cotton for speculative pur- pose. in the Newa.YOrk cotton ex- change was today included in . resolution adopted hy the South Cnrolina house of representatives without a dissentinx vote. the resO- Iution being forwarded to the na- tiOnal COngress with . request for the enactment of such . law.
The Birmingham age-herald., 1919-01-31
Money Market

New York, January 30.-Mercantile pa per, 5G5A per cent. Sterling 60-day bills, $4.73h; commercial 60day bills on banks, s4.72a; commercial 60-day bills, A.7213; demand, s4.75%; cables. s4.76.55. Time loans steady; 60 and 90 days and six months 5d5A. Call money firmer; rul- ing rate, AZ per cent; bank acceptances, Az per cent. Francs. demand, 5454; ca bles, 5.45 2-1S. Builders, demand, fl; ca bles, 41A; Lire demand, 6,S6; cables, 6.oo. Rubles. demand. 1St9: cables, 14 nominal. Mexican dollars 771zc. Government bonds easy; railroad bonds steady.
 London, January 3o.-Money. SIS Der
The Birmingham age-herald., 1919-01-31
Bank of England

London, January 30.--The weekly statement of the Bank of England shows the following changes: Total reserve increased f131,000: circulation increased f319,o00; bullion increased, e449S11; other securities increased f1,- 395,0O0 public deposits decreasel. fe04 1000; other Aeposits decreased, s4.- 97O,O0O notes reserve increased, f3S- o0os government securities decreased f7.o4l ,000.
 The proportion of the banks reserve to liability this week is 20.13 per cent: last week, 1t was 1932 per cent.
 Rate discount offs per cent
The Birmingham age-herald., 1919-01-31
Hubbard Bros. & Co.

Cotton Merchants. Hanover Square. N. Y. Members New York Cotton Ex- change, New Orleans Cotton Exchange, New York Produce Exchange. Associat- ed Members Liverpool Cotton Associa- tion. Orders solicited for the purchase and sale of Cotton and Cotton Seed oil for future delivery. Special attention and liberal terms given for coIsign- ment of spot cotton for delivery. Cor respondence invited.
The Birmingham age-herald., 1919-01-31
Metal Market

New York, January 3O.-Copper quiet, electrolytic 1S%623c Reported sales of 500, ,oOO pounds at 1S%c and 100000 at 19c Iron nominally unchanged.
 Metal exchange quoted lead nominal; spot and January offered at $5.50. spell ter nominal: East St. Louis and and January offered at $6.65.
 At London copper standard spot EST 10; futures, eSO10: electrolytic spot, f106; futures, s103 Tin spot, e245.1o; futures, e24276. Lead spot, G3210; futures, f29.1o. Spelter spot, s56; futures, G46.
The Birmingham age-herald., 1919-01-31
Bank of France

Paris, January 30. The weekly statement of the Bank of France shows the following changes: Gold in hand increased 5,657,117 francs; si.- yer in hand decreased 1,15O,209 francs; notes in circula ton increased 1S9. .2S0.- 390: treasury deposits decreased li,- 2I7.036; general \ deposits decreased f53,474,5i2 bills discounted increased 4,SS5,5SS advances decreased 17,491.- t16 francs
The Birmingham age-herald., 1919-01-31
Manning Veto Sustained

Columbia, S. C.. January 30.-The South Carolina senate today sustained the veto of former Governor Manning of a bill passed at the last session Of the general assembly providing for insurance of cot ton in state warehouse with money from the states sinking fund.
The Birmingham age-herald., 1919-01-31
LOCAL MARKETS
Poultry

Fryers-Two pounds and under. 35c. Guineas-5Uc each. Roosters--1 1QJ18c Turkeys-Live. ssc; dressed. s@4oc. Ducks-30c lb. Hens-2SaS0c. Geese -25c. R4biits--s3 to u dozen. Fresh Eggs-Whoiesale, 65c-
 Fish Spanish Mackerel-zzke Pompano-25c. Salt Water Trout-20021c. Mixed Fish-12c. Red Snapper-Headless and drawn ~ 621c. Gray Snapper-Headless and drawn. 14c Grass cattle according 70 weight. quai. ity and flesh: Steers-79sc Fat Cows-70sc. Medium Cows-6Q7c Canners-i1s@s11c. Cutters-5zG6hc . Heavy Bulls-s1x@7hc- a Light Bulls-s61Sl4c. Fat Yearlings-607c. Uxen-4Q7c. Medium Yearlings-506c. Vealers-7GSc Hogs:
 Meal and Feedstuff Mullet-l0allc. White Trout-12c. Chesapeake Bay Oysters-Extra select S2.60 gallon. Mixed Horse ana Cattle Feed-sU c. s. Meal. Per Cent-SS.& Peanut Meal-$62 Hen Feed-A per l00-lb. sack Old Style Hulls-$24 Velvet Bean Meal-$H. Corn Chops-$3.S5. Corn-$l.S3. No White Oats-9Sc per bushel. Choice Pea-Green Alfalfa-s5O per ton No. l Alfalfa-$45. Southern Alfalfa-$40. No. 1 Timothy--Nl. Glover and Timothy--S+l. Wheat Straw-$2z. Johnson Grass-$30. Shucks-Sl5.
 Live Stock
 Union Stock Yards.) Fed Steers: Good to Chofce-9G10c. Medium to Good-7Gsc. Common to Medium-6@7c. Choice Corn Fed Hogs-l65 pounds and up, l5c. Choice Ccvn Fed HogsAs5 to 1s lbs. 4c. Choice Corn Fed Hogs-so to l3s poundA l3c.
 Rest Heavy Rough Hogs-1aQ14c- Light Pigs-90 lbs down. 12c. Half Fat Rough Hogs-12413c. Soft and oily hogs from 1c to 20 per pound less than above prices-
 Hides and TaIlow No. l Green Salt Hides-18ni9c. No. 9 Green Salt Hdes-1741Sc. Half Cured Hides-iQ2c less. No. l Green Hides--i50l6c. No. ? Green Hides--l4Q15c. No. 1 Dry Flint Hides-30@S1c. No. 2 Dry Flint Hides-2sGS0c. No. 1 Dry Salt Hides-Nu2Sc. No. ? Dry Salt Hides-26G27c. Goat Skins--SeQf90c. Damaged Hides-fIalf price. Washed Wool-75Q80c. a Clear Unwashed Wool-5596Oc. IT Bury Grease Wool--3S937c.
 Cotton Good middlng .................. 2Th Strict middling .................. Th Middling ......................... 26N Strict low middlng .........-.. z5
The Birmingham age-herald., 1919-01-31
ou.r Stewards Wire

New Orleans, January @.-Liverpooi showed the full decline due to meet the setback on this side. There was no news about any action taken by the foreign shipping interest in the matter Of freight rate adjustment and this delay. of course, is against the development of support and of advantage to the bear side: how ever. it is believed that pressure of opin- ion will soon force a decision. and clearer exhibition of the facts as they actually are. Yesterdays drastic reversal was a clear demonstration of bearish or
The Birmingham age-herald., 1919-01-31
Rice Market

New Orleans, January So.-Rough rice, no sales receipts, 3S33 sacks; millers re- ceipts 333S Clean rice. sales, 1224 pock- cts at 514691sc; Japan, 3i9 pockets at 71ac; Blue Rose, 1O19 pockets at 79sG77sc; receipts, 4034.
The Birmingham age-herald., 1919-01-31
Sugar Market

New York, January 30-There was no change in the local raw sugar market with centrifugal quoted at 7.2Sc to the refiner. The board reported purchases of 2S9 100 bags of Cubas and 7,4o0 bags of Porto Ricos, February shipment.
 In refined sugar there is only mod crate business and prices remain at the 9c level for fine granulated. Consider able sugar is expected here in the near future, so that refiners will be working to capacity and as considerable export ing is to be done during the coming months there is little likelihood of any burdensome supplies.
The Birmingham age-herald., 1919-01-31

ganization and power and renewed tim idity is the result. However, tecnnlcai conditions must be strong in all markets after such thorough process or lqui- dation ond cultivation of a selling senti- ment> Opposition in the south is finally aroused to practical activity. and the campaign for defense of holding the need ed supply and reduction of production Is being pushed New York and Liverpool reports show that it has not failed to come to the attention of consuming quay ters.
 Spot quotations in New Orleans re- mained unchanged today and reports rom the belt generally are unchanged despite the previous decline. Dallas, Tex, was the exception, spots there declining loV points, middling there, 25.9Oc.
 Except buying in March in New 1ork, thought to be for foreign trade inter- ests, the market was professional. There was a report in New York that 5000 bales of spot cotton had been bought for Bel glum Otherwise, no improvement Tn the demand for the actual was noted and adyices from the mills continued unsat- isfactory. There was no change in the general situation and the market will probably remain cratic until just what cotton is worth under reconstruction con ditiens. Meanwhile July or October ap- pear the best purchase on sharp set backs.
 After an advance of about 40 polhtS over last nights close the market ran off in late trading, closing pracucahy unchanged from Wednesday's finals.
The Birmingham age-herald., 1919-01-31
Over McReynolds X Julian's Wire

New Orleans, January oo-1he marhe' was disposed to do better today. owing to the improvement in the shipping si., nation. and would likely work higher II tbe British rate is reduced to meet the recent big cut in ocean rates for Amerl- can ships.
 Meanwhile there is the possibility Of a general strike Of sNew England cotton mil, hands next Monday, due to the de- rand for an eight-hour working day.
 The men have voted to strike unless stheir demands are met. Under the GIT crmstances the market is ruling nervous and cratic pending further development ir the labor and shipping situations IT erefore caution is advised for the time being.
 If the threatened strike is averted Tn the New England textile districts, mar ket is likely to improve in the near tu- trre narticularly if the British ocean freight Charges are cut to meet Ameri- car competition.
 It is obvious that since 2elo,"o pa'es of cotton have been exported to Europe ttus tar this season against 2.623,00 to even date last year, when tonnage was scarce and ocean rates very high about
 so per bale. that the new rates to Eu- rene of s75G to sl250 according to destina- tior and because of there being more tom mage available now. with prospects ol still more ships in the future, not to mention the important fact that ln@ price of cotton is about soo per na'e lower than it was sometime ago, that tb. roreirn demand will be more urgent in the future in anticipation of which American spinners are likely to buy more freely for their future consumption. This is the bright side of the situation as reear rds possible if not probable, fn- trre developments. and it is not peins overlooked by the bearish element Which is showing signs of uneasiness alreaoy, Another feature of much lnteres. is-sne ,,,a,,g,ra tion throughout the south of a DO r nsion to decrease this years cotton acreage and to raise more foodsturrs.- H and B. Beer
The Birmingham age-herald., 1919-01-31
New Orleans Futures
Spot Cctt"r

New Orleans, January S0.-Spot cotton, quiet and unchanged; sales on the spot, BOP bales, to arrive 22o0. Low middling, 2s 25c; middling, 27.50c: good middling, 2s. BOG Receipts, 4744; stock, 4S4, 7SS>
 New York. January 3o-Spot cotton. quiet; middling, 26 70c-
The Birmingham age-herald., 1919-01-31
Interior Movement
J,iverpocl Cotton

riverpool, January 3o.-Cotton, spot, ouiet. prices lower; good middling, lS.2od middIing, l7.e2d. low middnng, S6.5td; good ordinary, 15o'd; ordinary' li'oza Sales, lo0o bales. including soo Anerlcan recoi,,ts 17.eo bales, including 14.l0) Arerirany Futures closed steady: Jan nary. 17.e4d: February, l6.lsd; March, 14.s1d; April. 1S5sd
The Birmingham age-herald., 1919-01-31
Cation Seed Oil

New York, January 3.-Cottonseed oil y-as dui, and unchanged. Prime crude. IT ENc prime summer yellow, 21.50c
The Birmingham age-herald., 1919-01-31
Dry Goods

New York, January 30.-Cotton goods markets today were steadler Curtail- ment of production increased greatly ac- .ccrding to reports made by selling agen- Mes Wool goods were quiet. On Feb ruary all restrictions on jute products will be removed.