davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1919-01-22
American Cotton and Grain Exchange
New York Futures
New Orleans Cotton

New Orleans, January Y.-While the cotton market had it's weak periods today and was depressed at times by continued aggressive short selling, it's undertone was generally better, especially in the afternoon, and moderately strong reac- tions occurred which finally lifted the trading months 25 to 37 points above the level of yesterdays close. Last prices showed net advances of 15 to 90 points. Upward movements in prices were due mainly to efforts of the short interest to collect their profits
 A small amount of buying for long ac- count was stimulated by the heavy ex- port movement. Foreign clearances for the day from all United States ports amounted to 33,619 bales. which brought the total movement thus far this week up to 80 235 bales, against only 7251 bales during the same time last year On the first call the old crop months were 5 to 20 points offe under bear pres sure, but October refused to follow the decline and stood 20 points up. The initial decline was succeeded by a reaction to a level 23 to 34 points over yesterdays last prices, but offerings increased and new
 recessions followed, during which the market at it's lowest was at net decline of 25 to 40 points, March trading down to 33.35c and October 19c, new low levels for the present bear movement. After the noon hour much steadier feeling prevailed.
The Birmingham age-herald., 1919-01-22
BEARS IN CONTROL
 OF STOCK MARKET U. s. Steel Pivot Around Which Market Revolved.
 Rails Suffered During Reversals
Qw assani>f.a prsss

New York, January H.-The conspicu- ous feature of today's broad stock mar ket was the determined and partly suc- cesssful effort of bear traders to ex tend their advantage of recent days, in which they were aided by the pessimistic views attributed to industrial leaders and railroad executives.
 United States Steel was the pivot around which the market revolved and it is likely to retain this position for an- other week, when the directors meet to approve the last quarterly statement of 1918 and take action on the common div idend
 In view of trade centers, considerable conjecture exists regarding the attitude of the steel board toward future dis bursements on the junior shares. This uncertainty is having an adverse effect upon other stocks.
 Some 20 prominent rails suffered in the early reversal, representative issues re- acting to points and secondary shares l to points. High grade rails rallied substantially later, but St. Paul, Balti- more and Ohio, New York Central and New Haven developed fresh weakness to- wards the end, Studebaker also break ing sharply.
 Oils, shippings and sundry specialties comprised the other heavy issues at ex- treme losses of 2 to point, but these were recovered in part
 Bonds moved with the stock list specu- lative issues recording additional losses of to IF per cent. Liberty bonds also shared slightly, but internationals were firm. Total sales, par value, were s13,- l5OOOo.
 Old United States bonds were un- changed on call M
 The final prices on liberty bonds todls were: 3ks, 99.09; first convertible As, e402; second As, 9372; first convertible 4As, e6.o2; second convertible 4As, 954; third fAs, 95.SS; fourth 4As, 9494.
The Birmingham age-herald., 1919-01-22
TRADING ON
 NEW LOW GROUND
The Market Was Steadier in Tone and Closed at a Net Advance of 3 to 50
 Points
By Associated Prcss


 New York, January H.-While prices made new low ground for the movement during today's trading. the cotton market showed steadier tone on covering and closed very steady at net advance of 3 to 50 points After selling at 225oc on an early advance, May contracts broke to 21.95c and closed at 22,47c, compared with 9 15c at the close last night.
 The market opened steady at a decline of points to an advance of 40 points and worked up on covering with active months selling g to 52 points net higher before the end of the first hour. Private cables from Liverpool reporting that Lan- cashire mills would work with 10 per cent more machinery next week. prob ably inspired some scattered buying for a reaction and there were also reports that trade interests were buying early new crop months around the 2Oc level Tor October However, prices soon turned ca sier under realizing by early buyers for turn and a renewal of more or less general pressure which was probably pro noted by scattered reports of slightly easier spot basis in the southwest.
 January was relatively weak owing to the circulation of additional notices, es- timated at 20o0 bales and the unsettled ruling of that delivery was doubtless factor on the decline in later months. January sold off from 40c to "A. 40c. or a full cent from the early high level and 67 points net lower, while March broke from 23s2c to g 20c and July from H.65c to 21.o2c, or about 10 to 26 points below last nights closing on the active posi- tions.
 There was renewed covering at this level and the market was less active, put steadier in the late trading with last prices showing rallies of some 50 to 60 points from the lowest.
 It was said that the reports of an easier basis in the southwest applied only to scattering lots of spot cotton.
The Birmingham age-herald., 1919-01-22
HOG PRICE RUM0RS BULLS CORN MARKET
Staple Closes l 5-Sc to Sc Higher, While Oats Were in Full Sympathy-PrO-
 visions Irregular
By Associated Press

Chicago, January 2-Word that the food administration favored maintain ing the presen standard value of hogs had a decidedly bullish effect today on corn. The close was strong 19sc to Sc net higher with February s1.S1as to s1S15s, and May s1.255s to s1.25A. Oats gained 14 to 1@1is. Provisions finished irregular ranging from 75c decline to 25c advance.
 Corn broke sharply at the start, but soon began to climb. The temporary initial setback was ascribed to agitation for a lower living cost. Bearish senti- ment, however, appeared to evaporate un- der the influence of gossip that during February the existing hog prices would remain unchanged. In this connection buying showed much greater impetus aft CT definite announcement that a spokes- man of the food administration had said an abandonment of the price agreement policy as to hogs would not be recom- rnended at the meeting of the hog com mission January 2S The government re- port as to the number of hogs now in the hands of farmers was issued and was an additional incentive to buyers
 Oats sympathized with corn.
 Late deliveries only of provisions were lifted by the price fixing reports con- corning hogs.
The Birmingham age-herald., 1919-01-22
Over Stewards Wire

New Orleans, January H.-Spot quota tion from the belt yesterday was some- what disappointing, as several leading markets show a sharp cut, which might mean that some spot cotton is falling victim to the long delay in export de- mand. But sales are so small that it looks as if only a miner portion is being sacrificed. The maintenance of fixed high freight rates appears to be the main cause for the depressing situation ana it is hoped that representations at Wash ington will soon bring some corrective results
 Liverpool was 65 lower on futures and quoted spots 100 points lower. This ac- tion is but a parity adjustment, and suggests that a correction in freight rates is probably nearer than at first believed This cut in price on parity ad- justment has nothing to do with the price that can be paid for cotton over here If the present freight rate of S6 is cut to s4 or g a hundred, Liverpool could drop 100 to POO penny points and still pay the same for cotton here. There is al ways some bearish sympathetic attached to such an adjustment owing to the lack of proper understanding and mistaken interpretation of weakness. This serves bearsh plans and much Of the late az eression probably was based on just such ca culationS.
 Our market opened rom lo to ~ uo"h on some selling on the lower Liver pool, expectation of further bearish ac- ticn in other markets and fear or lower spot quotations The rather unexpected break yesterday has, of course affected confidence and support and there may be further bad effect in consequence, but consideration of the general level is forcing itself to the front and lit tie encouragement would probably lead to wider results, as technical conditions are bulliSh.
The Birmingham age-herald., 1919-01-22
Coffee Market

New York, January 21-There was some buying by trade interests in the market for coffee futures here today, which was supposed to be covering hedges against sales of spot supplies to the interior. This led to some scattered covering and after opening 1 higher to points lower, the market sold about 30 to 5 points net higher, with May advancing to 13.55c and December to 1310cc.
 There were partial reactions later under realizing and reports of slightly easier firm offers with the market closing at a net advance of 15 to 20 points. May, 13. 4Oc; July, 13.24c; September, 13.14c; Oc- tober, 13. 10c; December, 12.97c; January, F. soc.
 Spot quiet; Rio Is. 145Oc; Santos As, 21. soc. Offers in the cost and freight mar ket were reported unchanged to about 10 points lower, including Santos As and and 5s at 1S70c, American credits
 The official cables reported no change in the Rio market. Santos futures were 2a to 100 reis lower Brazilian port receipts, 23,000; Jundiahy receipts, 19,0O0.
The Birmingham age-herald., 1919-01-22
American Cities Heads
 Consider Receivership
 for Two Companies
By A,sssIatsS Prsss

New Orleans, January H.-Directors of the American Cities company, which con trols public utilities in several southern cities, met in New Orleans late today to discuss details incident to receiver ships of the Memphis Street Railway company and the New Orleans Railway and Light company, both of which 1t con trols.
 Lee C. Benoist of New Orleans, vice president of the American Cities com pany. presided. It was announced after the meeting that the only action taken was the election of L. H. Dinkins of New Orleans, to succeed Walter G. Weiss, also of New Orleans. on the di- rectorate.
The Birmingham age-herald., 1919-01-22
Extra Good Displays Are to Be
 Found at the Downtown Stands
By j. c. MOSES

Business was reported good yesterday among the downtown retail marketmen. Displays were fine, especially the meats and fish. All kinds of both fresh and salt water food are now obtainabie, ro- gether with shrimp. Poultry prices hold high and will prob- ably remain so, as sales on the farms will be held up as the laying season ad varces.
 Feedstuff and hay change very little in price.
 Quotations were as follows:
 Poultry Fryers-Two pounds and under, 371ac. Guineas-5vc each. Roosters-1Sc.
 Turkeys-Live. S5c; dressed. SSd40c, Ducks-30c ID.
 Hens-S0d32c.
 Geese-25c.
 RAbiits-ss to s4 dozen. Fresh Eggs-Wholesale, COG.
 Fish
 Spanish Mackerel-22hc. Pompano-35c.
 Salt Water Trout-2oQ22c. Mixed Fish-l2c.
 Red Snapper-Headless and drawn, go 621c.
 Gray Snapper-Headless and drawn, 14c. Mullet-10a11c.
 White Trout-12c-
 Chesapeake Bay oysters-Extra select, geo gallon.
 Meal and Feedstuff Mixed Horse ana Cattle Feed-SU. C. S. Meal, Per Cent-$5s.& Peanut Meal-S6S
 Hen Feed-A per 100-lb. sack. Old Style Hulls-$24 Velvet Bean Meal-&7. Corn Chops-$5.S. Corn-S1.S3. No White Oats-s1 per bushel. Choice Pea-Green Alfalfa-$50 per ton. No. 1 Alfalfa-$45. Southern Alfalfa-s+0. No. 1 Timothy-$n. Clover and Timothy-S40 Wheat Straw-$2z. Johnson Grass-$30. Shucks--s15. Live Stock (Union Stock Yards.) 1 Fed Steers: | Good to Choice-99l0c. | Medium to Good-7dSc. l Common to Medium-6@7c.
 Grass cattle according to weight, oual. l ity and flesh: 1 Steers-7GSc. Fat Cows-706c.
 Medium Cows-6G7o. | Canners-41kQ6hc | l Heavy Bulls-61sG73kc.
 Light Bulls-sh@6hc.
 Fat Yearlings-6G7c. l Oxen-4Q7c. l Medium Yearlings-506c. Vealers-7GSc. | Hogs: ! Choice Corn Fed Hogs-1e5 pounds and up, 15c. 1 Choice Corn Fed Hogs--135 to 165 lbs. 14c.
 Choice Corn Fed Hogs-90 to 135 pounds, l3c.
 Best Heavy Rough Hogs-1o914c.
 Light Pigs-90 lbs. down. 12c- Half Fat Rough Hogs-12@l3c.
 Soft and oily hogs from 1c to Pc per bound less than above prices
 Hides and Tall0w l No. 1 Green Salt Hides-1701Sc
 No. Green Salt Hides-16Q17c.
 Half Cured Hides-i@2c less.
 No. 1 Green Hides-14Q15c.
 No. Green Hides-13@14c.
 No. 1 Dry Flint Hides-2@2Sc. No. 2 Dry Flint Hides-26Q27c. No. 1 Dry Salt Hides-2492Sc. No. Dry Salt Hides-23Q24c- Goat Skins-SoQ90c. Damaged Hides-Iaif price.
The Birmingham age-herald., 1919-01-22
Sword Deadlier Than the Gun

From the Peoples Home Journa!'
 Tn spite of the long casualty ilsts ol the present war, fought witn all .io tiand;sh contrivances of modern sci ance the destruction of life is not so great in proportion to earlier wars when soldiers fought hand to hand The most deadly of all weapons waS inc Roman short sword. Caesar re ported that, at the battle he fougn near Namur, his soldiers slew eo.oe of the Nervii. There were no wouhde when the weapon was the snort s"or' As men began to fight at longer range the death lists grew shorter. It is an axiom of modern war that 1t costs marksman his own weight in lead to kill one of the enemy.
The Birmingham age-herald., 1919-01-22
Over MeReynolds & Julian's Wire

ONef NuCheynOiuS & Julldn NIEt
 New Orleans, January 1.-The main- taining of exhorbitant high ocean freight rates, pessimistic textile trade rumors. and the absence of an urgent demand for spots influenced market to a new low level for the season today. The excess sive ocean freight charges. and want of assurance that they will be stabilized. is reflected in the absence of any foreign demand of consequence. Rumors of cur tailment of cotton mill production at home and in England are to be taken with a grain of salt, as latest advices are to effect that active spindles in Lan- cashire are to be increased 10 per cent. which will increase consumption.
 Reports from New England centers have been of a pessimistic character for sometime past, no doubt with the view of depressing the price of the raw ma terial.
 According to the census bureau reports while the consumption of lint cotton in the United States the past three months has been less than for corresponding morths last season, returns show that All GOO bales were used up in October, during November 457, 900 bales, while the
 consumption for December was 473,OOO bales. The facts in the case would seem
 to prove that business in textiles in America and England is better than gen. erally reported with the probability of
 improving in the future, especially in
 the United Kingdom where receipts of raw cotton are increasing providing more tof the raw material for manufacturing purposes.
 Whatever the United States may lose in consumption this season compared with last season, the loss will likely be up in the British Isles and if the south could succeed in having ocean freight rates reduced to level that would in duce other foreign countries to buy, the showing for the season would not be so i unfe vorable. In the meanwhile it ap- pears to be a freeze out between the spinner and the southern spot owners. If the south can stand the pressure for a while longer it will undoubtedly win out.-H. and B. Beer.
The Birmingham age-herald., 1919-01-22
Sugar Market

New York, January 21.-The local mar ket for raw sugar was steady and un- changed at 7.2Sc for centrifugal to the refiner.
 The board reported purchases of 6s, ,750 bags of Cubas and 1900 bags of Porto Ricos for January shipment.
 The demand for refined sugar is stead fly broadening as a result of the aboli- tion of the zoning system, but as ar rivals of raw sugar are also increasing, refiners as yet have little difficulty in filling the demand. Prices are unchanged at Sc for fine granulated.
The Birmingham age-herald., 1919-01-22
$. R. Stewart & Co.

INr-9 w~~N-v~pA VVNR. (srain handled In lots 1000 bushels ana upward. Also fractional lots of stock. Personal Attention to All o.ders Private Wires w. ]. PRELT9s Phone Main 667 0anaEex
The Birmingham age-herald., 1919-01-22
McREYNOLDS & JULIAN
BROKERS

Members N. 0. Cotton Exchange
 Chicago Board of Trade Correspondents H. & E. Beer. New Or leans, La, Clement Curtis tS Co.,, Chi- cago. J. s. Bache & Co.,. New York.
 l.. D, Phone SS9
 303-4-5-6 Empire Bldg.
 Birming ham, Ala.
The Birmingham age-herald., 1919-01-22
Big Fire at Louisville

Louisville, Ky. January 21.-Fire of undetermined origin destroyed the grain elevator of the H. Verhoeff company, containing S5,000 bushels of grain and a number of nearby small dwellings here yesterday. The loss is estimated at $175.-
The Birmingham age-herald., 1919-01-22
Hartman Advocated
 Unified Service
Nv HOLLAND

New York, January 21 iS.-(Special.) On the afternoon of the day previous to the departure of Edward H. Hartman
 for Europe upon what proved to be his last visit to any country across the sea, he called upon a personal friend as we'll as business associate.
 The particular occasion involved no more than business discussion that
 lasted few minutes Then MT. Harri-' man, having a little leisure, spoke freely
 of his view respecting the future of the
 railroads in the United States. He con-
 fessed that he contemplated unification
 of all the sytems. feeling certain that if
 that were accomplished, better service
 would be furnished to the people than
 was possible under the prevailing sys-
 tenn that rates could be established
 which would be fair both to the railroads
 and the shippers and that the railroads
 would be able in short time to earn
 sufficient amount to pay dividends
 at a satisfactory rate, not exceeding
 per cent. Mir. Hartman spoke of the
 Erie Railroad company, saying that he
 was greatly interested in that property and was convinced that if he were treated fairly by the interstate com merce commission he would so build up the property in few years as to en- able it to pay dividends upon it's com
 mon stock. He spoke not with special
 pride but for the purpose of illustrating the point of view which he took, of the way in which the Union Pacific had been built up within 10 years, and so quick ened from it's former desperate, almost ! moribund condition that it's credit was very high, it's dividends were excellent and the prosperity which it had brought to the vast country which it bisected had increased the wealth of the United States many fold more than the increase | in the wealth of the Union Pacific it. | self.
 | Mir. Hartman went on to say that 1t was inevitable, in his view, that the | railroads of the United States be brought | together in some reasonable manner and unified, whereby undue competition | could be eliminated and very great say | ing in operation secured, while at the
 same time rates for traffic could be made reasonable. He spoke of the national 1 banking system not the present federal l reserve system, but the first national | system, which Salmon P. Chase as Secre- l tary of the Treasury in Lincolns admin 1 istration advocated and prevailed upon | Congress to adopt Here is a banking | system, MT. Hartman said. which | reaches from the Atlantic to the Pacific. | It is not as perfect as it should be and | the time Is not distant when 1t must be reorganized probably with central | bank as the core of the system. But it | illustrates the advantages of untfca- | tion and cooperation and has been suc- | cessful because the government has not | only stood sponsor for it but also has | wisely regulated and controlled it with | out at the same time interfering with 1 individual initiative.
The Birmingham age-herald., 1919-01-22
Drs. DOzier & DOzier
Oldest Established Firm of Medical Specialists in Alabama. Twenty five Years in Birmingham.

We treat scientifically and with wonderful success, all man ne- of chronic diseases of the Eye, Ear. Nose and Throat. Lungs. Heart. Liver. Stomach. Bowels, Kidneys and all diseases of the Skin and the Pelvic Organs of
The Birmingham age-herald., 1919-01-22
Money Market

New York, January 21.-Mercantile pa-
 per 5@5A per cent Sterling, 60-day bills,
 47S1a: commercial. 60-day bills on banks. ] 472%; commercial, 60-day boils, 4.72ls;
 demand, 475.S0; cables, 4.76.55. Time loans
 steady; 60 and 90 days and six months, b@5A per cent. Coll money firmer; rul- ing rate, 41z per cent; bank acceptance,
 f1 per cent.
 Francs. demand. 5.457s; cables. 5.45A
 Builders, demand. fl 13-16: cables. 42 1-16
The Birmingham age-herald., 1919-01-22


  mar men a b. wortn muc o
  doctors have failed to  ~ ofneeszo2 First Avenue.
The Birmingham age-herald., 1919-01-22
Chicago Futures
Produce Market

Produce Market
 New York, January 21.-Butter, easier; receipts 7759; creamery higher than ex- tras, 611a@62c; firsts, 5S1zG601Rc.
 Eggs, barely steady; receipts, 7062; fresh gathered extras, 6414q65c. Cheese, steady; receipts, 1594 state, cur rent make specials, average run, S5c. Dressed poultry, quiet; prices un- changed.
 Chicago, January 21.-Butter, lower; creamery, 56@60c.
 Eggs, higher; receipts 2eo1 cases; firsts 59c.
 Potatoes, lower: receipts, 50 cars; bulk $1.7O@1.So.
 Poultry, alive, unchanged.
 St. Louis, January H.-Poultry, un- changed, except hens, 221sc.
 Butter and eggs, unchanged.
 Kansas City, January H.-Butter and poultry unchanged. Eggs, 1c higher; firsts, 5Sc; seconds not quoted
 Cash Grain
 Chicago, January 21.-Corn: No. yell low. s1S4 No. yellow, s1.30G1 B; No 5 yellow. $1.26@1.2s.
 Oats: No 3 white, e5@66Ac; standard, 66d67c
 Rye: No 2, s1s111@1 .62A barley, ssc@ s1 OO; timothy, sS0Od1O.50; clover, nominal. Pork, nominal; lard, nominal; ribs, nominal. St Louis, Jan 21--Corn: No. 4, Ns2; No. white, $1.S1@1. .321a. Oats: No. white, 691ac Kansas City, January 21-Corn steady to Pc lower; No. mixed, s1.39@1. 40; No. ? white, s1 4O11. 42: No. ? yellow, $1.42 Oats unchanged to 1ac lower; No. white, roc; No mixed 691ac.
The Birmingham age-herald., 1919-01-22
New Orleans Futures
Shot Cotton

New Orleans. January 21.-Spot cotton, quiet and unchanged; sales on the spot, 432 bales, to arrive 1125; low middling, "A Soc; middling, &. 25c; good middling, 29 25c. Receipts, 7S40; stock, 471, ,420.
 New York, January H.-Spot cotton, quiet; middling. 27.S5.
The Birmingham age-herald., 1919-01-22
Practice Makes Perfect

From the Boston Iranscript.
 She (after his proposaD-Did you ever say anything like this to a girl before? ] He-Heavens, You don't suppose it could be done like that the first time, do you?
The Birmingham age-herald., 1919-01-22
Metal Market

New York, January H.-Metal exchange quotes lead unsettled; spot and January offered at 5.5ec. Spelter weak; East St. Louis delivery, spot and January offered at g. At London, copper, spot e91 10c; futures, fS4 los electrolytic, spot, f105; futures, f1OS. Tin. spot, f24s 15s futures E245 Is Sd. Lead. spot. 935: futures E30. Spelter, spot, f56: futures, G45.
The Birmingham age-herald., 1919-01-22
Cotton Seed Oil

New York. January 2L-Cottonseed oil was dull and unchanged Prime crude. 1750c; prime clmmer yellow spot, 21c nominal.
The Birmingham age-herald., 1919-01-22
LiverpooI Cotton

Liverpool, January 21-Cotton. spot in fair demand; prices weak Good mid ding, 1S.3Oc; middling. 17.67d; low mid ding, 1se2d: good ordinary. 15.1od; ordi- nary, 1475d. Sales, 1000 bales. including 500 American receipts, 1000 bales. includ ing 33OO American.
 Futures closed. unsettled; January, Is. 7sd: February. 16.1Sd; March. 1492d; April, 12.62d.
The Birmingham age-herald., 1919-01-22
Naval Stores

Savannah, January 2l.-Turpentine firm; sales, none; receipts, 245; shipments, g; stock. 30.6S4. Resin, firm; sales. 7l3; receipts, 1904; shipments, 2; stock, S3,445. Quote: B. D. sls2o; E. s1s.25 F. sl33o; G, $13S5; H. .$l3.4o; l. $13.75; K. s15.75; M. s16.25; N, $lS.30; VIC, s1e.45 wv, $1675
The Birmingham age-herald., 1919-01-22
Dry Goods

New York, January Unfinished cotton goods today were more active. There was
The Birmingham age-herald., 1919-01-22
Hubbard Bros. & Go.

Cotton Merchants. Hanover Square, N. Y. Members New York Cotton Ex- change, New Orleans Cotton Exchange. New York Produce Exchange. Associat- ed Members Liysrpool Cotton Associa- ton. Orders solicited for the purchase for future delivery. Special attention and liberal terms given for consign- ment.~ of spot cotton for delivery. Cor respondence invited.