davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1920-05-29
New Orleans Cotton Ru Asaania4ad pnaas

New Orleans, May 2S.-Liqudatien of the long interest was responsible for moderately wide declines in the cotton market today.
 Selling out was stimula ted by the dou- ble holidays following the close, by the nearness of the first condition report ot the season and by the continued favor able weather over the belt. At times of ferings of short cotton were in evi- dence and this seemed especially to De the. case following a private bureau re- port of 67.2. although the more conserva- tive element in the market considered the report one of the most important of the private bureau estimates on conditions yet received, end as indicating anything but satisfactory state of affairs in the belt.
 In the early trading there was a de-. cline of 15 to 30 points, after which the market recovered and went 1 to points over yesterdays close on the most active months October fell off to 35.15c and reacted to 35.43c. Selling increased as the session grew older and the heaviest pres sure was felt late in the day when Oc- tober was forced down to 35.02c and the list of active months stood 34 to 42 points under the close of yesterday. Final prices were at net losses for the day ot 34 to 40 points.
 There will be no trading in this market tomorrow and notice has been given that business will be suspended next Thurs. day, which is Memorial Day in this state.
The Birmingham age-herald., 1920-05-29

216,O00; same date last year. All GOO: same date year before, 371, 900; for season, H. 399,Oo0; same date last year, l0.9S4.0O0. same date year before 11,36S0o0. Port receipts for season, 6.9SO,0O0; same date last year, 5,4SS.000; same date year before last, s. 002,000. Overland to mills and Canada for season. ,1,27S,000 bales; same date last year, 1,340,000 bales; same date year be- fore, 1,5S1,OC0. Southern mill takings for season, 3,00S,00o; same date last year, B. 125, 900: same date year before, 3,33 ,Wo Interior stocks in excess of September ], lS3,000 bales: last year. 4S5,00e; year be- fore. 5o0,0o0. Foreign exports for week, 60 GOO: same seven days last year, 105.000. same seven days year before, 44,000; for season, 5.932.OoO; same date last year, 4.353. GOO: same date year before. 3,667Ooo. Northern spinners' takings and Canada for week, 5000 bales; same seven days last year, 42,0OO; for, season, 22S7, 600; to same date last year, 1,9So.00O.
 Statement of spinners takings of Amer ican cotton throughout the world: This week, 197,O00 bales; same seven days last year, 96,00a; same seven days year be- fore, 19S,000; ttoal since September 1, l9,- 739, 900; same date last year. S,911, 900; same date year before, 10.S7s.000.
 Statement of worlds visible supply Total visible this week. 3.76S,0O0; last week. 5,Ss9,000; same date last year, D. 0S7,000; same date year before, S,S0I,00o. Of this the total American this week, 3,S36.0O0: last week, 3,95f,000 last year S.S9s. 900; year. before. 2,494,000 All other kinds this week, l,9S2,OO0 bales; last week. 932 900: year before, 1,S1300O. Visible tn United States this week, l,960Vjo bales; this date last year, 2,415, 900; visible in other countries this week, 3,S0S,000; this date last year. 2,672,00o.
The Birmingham age-herald., 1920-05-29
HEAVY REALIZING
 IN FLEECY STAPLE l. DURING FINAL HOUR
General Market Closed Easy at a Net Decline of Thirty two to FOrty-five
 Points
By Associated Pres,

New York, May 2s--The cotton market was very quiet during the greater part of today's trading, but showed increased activity toward the close when there was rather heavy realizing or liquidation for over the holidays. October contracts sold off from 35.54c to 35.07c and closed at the low point, with the general market closing easy at a net decline of 32 to 45 points.
 The market was nervous and irregu- lar during the earlier trading. Owing to the holiday in Liverpool there were no cables to create sentiment and the early orders seemed to be pretty well divided. First prices were S5 points lower for November, but generally un- changed to 12 points higher, and after setbacks of a few points the market firmed up on continued covering in ex- pectation of bullish official condition figures and the firm opening of the stock market. July sold up to 3S.2Sc and December to 34.50c, or about to 10 points net higher.
 Low private condition figures failed to stimulate much fresh buying, how ever, and the market was easier dur ing the afternoon under scattering liquidation. Reports of further fi- nancial troubles in Japan and an idea that a bullish report from the gov ernment on Wednesday had been pretty well discounted were among the factors on the decline, which car ried July off to 37.75 and December to 34.0Sc. or about 42 to 52 points be- low the high level of the morning,
 Three more private condition. fig ures were issued, ranging from 63.2 to 65.S, the best of the eight reports so far published, made the condition 6s.9, while the lowest was 62.S. All three of the futures markets will be closed tomorrow and the New York market will not reopen until Tuesday morning. Port receipts today, S,066 United States port stocks, 1.o63, ,2S9; exports, 9,517; exports so far this sea- son, 5,912,53S
The Birmingham age-herald., 1920-05-29
NOMINAL TRADING
 | ON WALL STREET | DURING TURN0V{RS
Shorts Exerted Fresh Pres sure Against Speculative Issues, on Hopes of
 Tighter Money
By AssocIatsd Press

New York. May 2S.-The approach
 ing holiday had a perceptible effect
 upon the volume of business in the
 stock market today, dealings falling to
 nominal proportions. The tone was
 firm to strong, almost from the out
 set. however. especially in seasoned
 industrials and rails.
 Shorts were disposed at times to extrt fresh pressure against specula- tive issues, passing their tentative op- erations upon hopes of tighter money
 but when this condition failed to de- 3yelop nasty covering ensued.
 Call loans once more held at what has practically become the fixed rate 1 of per cent, and many large bor- rowings at that quotation running into next Tuesday were reported. Further slight relaxation of time money was observed, but this was almost wholly |restricted to thirty-day maturities Rails were far more active than usual, considering the small turnover, buying of that division embracing al- most score of the popular high and low-grade issues. Accompanying this movement was steady demand for various railroad bonds at gains of 1 to ? points. Otherwise the movement continued to concentrate in steels affiliated equipments, oils and motors and their subsidiaries, with sprinkling of ship pings, feathers and food speciafties.
 Sugars were an exception, falling back toward the close on reports of 8 cut in the raw product.
 A sharp reaction in marks, which cancelled the greater part of the re- cent gain. was the noteworthy feature of the foreign exchange market. Amepg international bankers, the UapVnese financial situation evoked much discussion and conjecture.
 Liberty Bonds and Victory Notes were irregular, but foreign was issues. notably United Kingdoms and Do- minion of Canada strengthened. Total sales. par value, aggregated $15,25o, 900. s
 Old United States Bonds unchanged pn call.
The Birmingham age-herald., 1920-05-29
One-Man Torpedo Boat

remarkable characteristics of new form of miniature torpedo boat, so low in the water that it has almost the invisiblity of submarine, according to an ali nouncement In the Popular Mechanics Magazine, accompanied by several in teresting illustrations of the curious craft, It is operated by one man. It is but forty feet long, and weighs 850O pounds with its single torpedo. The en- tire forward half of the boat is the tor pedo chamber, and that part of the hull is U-shaped to conform to the big projec- tile, while the deck above is hinget along one side to permit the torpedo to be hoisted in, To discharge it. the whole rounded bow plate is lifted up like gate, flooding the chamber and per hitting the torpedo to go forth on the
 power of it's own propeller
The Birmingham age-herald., 1920-05-29
Dun's Review
RY Assnniatad Press

New York, May 2S.--Dun's tomorrow will say:
 some time ago in certain branches of business, but which has only lately oc- casioned general comment, has con- tinued, and is widening in it's influ- ence.
 With an unusually backward season and congestion in transportation that has seriously disorganized com merce. some shrinkage of transactions was to be expected, but these restric- tive clements do not fully explain the prevailing disposition of most dealers to confine commitments within the closest possible limits. and the increas- ing cancellations and revisions of or ders. ~
 Weekly bank clearings, $7.670675 941
The Birmingham age-herald., 1920-05-29
MARINE NEWS
M Associated Press


 New Orleans, May 8.-Cleared: Cop pename, Port Barrios via Belize Lake Gardner, Mobile; Medicano (Nor), Co., thenburg and Christiania via Galveston and Philadelphia; Mexico (Mex). Pro- greso; Norma, Tela; Quimistan CHond), !, Omoa via Port Cortez
 Port Eads, La, May 2s.-Arrived: Ampecto, New York; Lake Desha, Cuba; Managua (Nic), Port Barrios; Manzan- illo, Mexico Moose Hausic, Mobile. Cleared: Darden, Mobile; J. Oswald Boyd (Br), Tampico; Lake Otsquago, Cuban ports: Saramacca, Port .Barrios; Speedwell, Tampico.
 Sailed: Bark S. Paio (Port), Oporto: schooner Ali Och Hedley (Br.), Burutu, West Africa.
 Mobile, May 8.-Arrivals, none. De- partures Vera, Belize, B. H.; schooner Flechas, Havana, Cuba; Rooke (BrJ, Browhear Ireland, for orders via Pen sacola to finish cargo.
The Birmingham age-herald., 1920-05-29
Metal Market

New York. May 2S.-Copper dull; electrolytic. spot and nearby, 19@i 19Ac June. July and August. 19Ac. Iron firm and unchanged. Anthony, 1925. Tin spot $52; June, $51; July, $55. Metal Exchange quotes lead firmer; spot and May offered, S90c. Zinc firmer; East St. Louis spot, 74Sc bid
 At London: Standard copper, spot E95 15s; futures, f96 15s; electrolytic spot, f1Q5; futures. f107. Tin, spot, f274 15s; futures, f2s0 los. Lead, spot f3S 10s; futures. f39 los. Zinc, spot, f43 15s: futures, t46.
The Birmingham age-herald., 1920-05-29
Liberty Bonds :. By Assoslatsd Press
Money Market

New York. May 2S.--Mercantile paper. ' 1s per cent. Exchange heavy. Stearling sixty-day bills, $3.S5h com merciaf sixty-day bills on banks $3.S5h; commercial sixty-day bills. $S.S5: demand. $3.90; cables. $3.S0N Francs. demand. 13.42; cables, 13,40 Belgian francs, demand. 12.92 cables l9.90. Builders. demand, 3Ss4 cables. .36h. Lire, demand. l7.70; cables, 17.05. Marks. demand. 2.44: cables, z45. New York exchange on Montreal. 1lh per cent discount. Government bonds irregular; railroad bonds strong.
 Time loans strong: sixty days. ninety days and six months. 8h per cent.
 Call money steady; ruling rate. 6 per cent. Bank acceptances. 61s per cent
 Bar silver. 100; Mexican dollars 76Ac.
The Birmingham age-herald., 1920-05-29
Cotton Seed Oil
By Associated Press

7F'EVFF"EVu
 New York, May 2S.-After advancing eleven points early on short covering and light pit offerings, cottonseed oil turned easy with other commodity markets and close 3 to points net lower for leading months. Sales, 6,600 barrels. Prime crude, 16c; prime sum- mer yellow, spot and July. 19c: Sep tember, 19.15c; December. 17.S0c; prime winter yellow and summer white rom
The Birmingham age-herald., 1920-05-29
Hubbard Bros. & Co.

York. Members New York Cotton Exchange.
 New Orleans Cotton Exchange. New York Produce Exchange. Associated Members Lv. erpool Cotton Association. Orders solicited for the purchase and sale of Cotton and Cotton Seed Oil for future delivery. Special attention and liberal terms given for sgnment of spot cotton for delivesy. Corr
The Birmingham age-herald., 1920-05-29
FIFTEEN
Naval Stores

Savannah. Ga. May 2s.-Turpentine: Firm, 2.5s; sales, 116; receipts 15O; shipments. BIO; stock. 2,s75.
 Rosin; Firm; sales, 424; receipts, 3s1; shipments. 220; stock, 16,1S6.
 Quote; B, s13@14; D. s17017.30; F, F, c, s17.40@17.45; H. st745Q17.50; K, $1740@1760; NJ, s1775@17S5; N $1S@1S1O; VIC. s1s25@1S.30; wv. S1S5Om1S6O
The Birmingham age-herald., 1920-05-29
Coffee Market
 By Asssciated Press

New York, May 2S-After opening ? points higher to point lower the mar ket for coffee futures sold up few points on covering promoted by the higher Rio market and the firiner tone of the stock market September ad- vanced to A.94c, making a recovery of about 2S points from the low level of the week. but there was realizing for over the holidays and the price later broke to l4.75c or g points below last nights clos ing quotations. Closing prices were the lowest of the day, showing net de- cline of 10 to IS points.
 Closing bids: June 14s2c; July, 15.Oac; September, 14.7c; October, 1472c; De- cember, January. March and May. HSsc.
 Spot. coffee quiet; Rio Is, 15kc; Santos As. 23%@244c.
 No fresh offers were reported in the cost and freight market, and pre-holiday conditions prevailed generally in the trade.
 The official cables reported an advance of 125 reis in the Rio market, with Rio exchange on London unchanged, but the dollar buying rate 10 reis lower Santos futures were unchanged to 75 reis lower. Rio cleared 1O,7000 bags for New York and Santos 52,000 for New Orleans; Brazilian port receipts 5000; Jundiahy. 4,0oo.
The Birmingham age-herald., 1920-05-29
New Orleans Futures Qv AssnriafaA prasa

New Orleans, May 2S.-The cotton market closed steady at net declines of 34 to 40 points,
The Birmingham age-herald., 1920-05-29

Motorists should be cautious when at- tempting to pass an automobile carrying license numbers 100 D. e. and 100000 Md It is one of the cars used by President Wilson.
The Birmingham age-herald., 1920-05-29
CANNOT NUMBER
 THE MILLIONAIRES

Recently a. statement was quoted as having been made by a member or Congress in which he numbered the millionaires of the United States as between six and seven thousand. But nobody can number the millionaires. Even those who are in possession oi securities are often unable to tell how much they. are worth. The late E. H. Hartman underestimated his wealth few weeks before his death by some eight million dollars. Furthermore the amount os income a man receives
 is not an accurate test of the. amount of his principal. Thre may be six thousand millionaires in the United States possibly more, but if it were D, ssibe to make a census report which gave accurate figures the chances arc the number would be considerably less
 One of the leading lawyers of New York. who is trustee of several large estates. himself a grandson of man who was of pre-eminent standing in public life a few years ago when he was a candidate for president, is quoted as having said to his friends that it was almost impossible for him ta measure accurately the value of the trust estates which have been put in his charge. On the books millions may be represented by the securities. But the tax collector has so greatly invaded these estates that at times it has been found necessary to sell se- curities in order to meet tax charges and frequently the banks have been appealed to for loans in order to carry over the estate after the government has collected the tax. So it is said that it is probably impossible for the trustees of great estates today to set forsA with accuracy the real value of an estate because the tax collector reaches for so great part of 1t that Tor time at least its actual value is erea tlY irnnaired
The Birmingham age-herald., 1920-05-29
Port Movement

 New Orleans: Middling, 4Dc: receipts. 4,723: sales, 443; stock, 3333 36S.
 Galveston: Middling, 41c receipts, 923; sales, s31; stock. 205,417.
 Mobile: Middling, 40.50c: receipts, 213: stock. 5,299.
 Savannah: Middling, 41.5oc: receipts, 237; exports. 7.30s; stock. 63,779.
 Charleston: Middling. 40.50c; receipts, 56; stock, 245,6S2. {. Wilmngton: Middling, 40c; receipts, z; stock. 44.96S
 Texas City: Receipts 264; stock, 33,743. t Norfolk; Middling. 4O.5Oc; receipts, 393; sales, 43s; stock, 57-796
 Baltimore: Receipts, 545; exports. 1,775; stock. 4.912.
 Boston: Middling, 40c; receipts, 239; stock, 3,119.
 Philadelphia: Middling. 4o.25c: ex- ports. 100; stock, 4,977
 New York: MiddIing, 40c; exports. Minor ports: Receipts. 2.14o; exports 1,s05; stock, 14,341.
 Total today: Receipts, 9,501; exports, II, 2S7: stock 1,061.745. . Total for week: Receipts, 47,97s; ex- ports, 60,22s.
 Total for season: Receipts. S.s3o.OS0; exports, 5.ss2.2ss.
 Interior Movement
 Houston: Middling. 3975c; receipts. I 2.454 shipments. 1881; sales, 1,475: stock. 2SS.21S. Memphis; Middlng, 40.50c; receipts, 1885; shipments. 2.s43; sales. 500; stock. 315,249 Augusta: MiddIing. 41.75c; receipts. 1.156; shipments. ssS; sales. 313; stock, e01s7.
 St. Louis: Middling. 4o.5oc; receipts. 92s; shipments, 52S: sales. 100; stock. 1s,1s1. Little Rock: Middling, 4O.50c: re- ceipts. 53: shipments. 926: sales. s2S; stock, 2s,929. Total today: Receipts s.493; ship ments, s,5S2: stock. 728,s51. Htster's Weekly Cotton Statement Comparisons are to actual dates, not to close of corresponding weeks. In sight for week. 16.00o bales; same seven days last year. 140.000; same seven days year before l2a000: for the month.
The Birmingham age-herald., 1920-05-29
Spot Cotton ' AaannIatah Rraaa

New Orleans, May 2S.-Spot cotton steady and unchanged. Sales on the spot, 443 bales; to arrive. nonel Low middling, 31c: middling. 40c; good mid ding. 44c. Receipts, 4.723; stock, 333,- 36s.
 5 New York. May 2s.-Cotton: Spot uuiet. rnidd1ing 40c .its
The Birmingham age-herald., 1920-05-29
Sugar Market By AssocJated cress


 New York, May 2S.-The local market for raw sugar was steadier today. all though prices were unchanged. Yes- terday business was of pretty fair pro- portions. and seemed to have taken care of all offerings, and today there were buyers att 191sc for Cubas. but no seil- CTS, while other sugars were not being pressed either The market closed at 1e1kc for Cubas. cost and freight, equal to 2oe6c for centrifugal. with sales of only 1000 tons of Perus for June ship ment to a local refiner at 1sAc. cost and freight, or about on the basis of 191zc for Cubas.
 Nothing new developed in the refined situation and prices were unchanged at 211kd2611c for fine granulated
 Sugar futures were irregular, with price changes cratic and at times quiee violent. The opening was 5 to. 75 points lower under continued liquidation, butt there was a fair demand from trade in- terests and covering by shorts, with July and September advancing 100 points from the low level. Toward the close, however. there was renewed selling and prices eased off again, closing 10, to 5u points for the lower active positions. Trading was of pretty fair proportions and seemed to be mostly in the form of evening up for over the three-day ad- journment.
The Birmingham age-herald., 1920-05-29

If some of the banks of New York feel Justified in investing so heavily in banking houses thereby entailing very heavy charges either for interest or for rentals they find good company among many of the brokers of New York. A veteran broker no longer himself in active business has, made some inquiries so that he might learn what the overhead charges for car l ylng on a large broker business now are. When he began his career as broker in Wall street, overhead charges including salaries were only a few thousand a year. To- day it is not unusual to find brokers submitting to overhead charges aggre- gating a hundred thousand dollars year and 1t takes a good many lat commissions to meet these charges. Some are at an expense Of a nundreu and fifty thousand dollars year and a few of the leading brokers houses arc understood to be submitting 10 overhead charges in excess of two hundred thousand dollars year These very heavy charges are in great measure explained by the cost of maintaining private wires. Brokers are extending their private wires. Al ready some reach as far as San tran- cisco and they stretch like antenae from the brokerage houses in the IT. nancial district to all parts ol the country. The expense entailed thereby Is very heavy. But the cost must pc justified through the increase or pus- mess which the use of these wires makes possible. Many of the transac- tons in tho stock exchange reflect private or leased wire communications wEich come to the brokers from all narts of the country.
The Birmingham age-herald., 1920-05-29
Spot Coffee

New York, May 2s.-Coffee:s Rio No. |7. 15kc; futures easy; July. 15.04c;. September. 14.74c.
The Birmingham age-herald., 1920-05-29
New York Futures By Associated Press

New York. May 2S.-The cotton mar
The Tulsa star. [volume] (Tulsa, Okla.) 1913-1921, 1920-04-17
NORRIS FACTION ARE
DENIED REHEARING
pr. Boyd Wins Another Victory in
Celebrated Case.

(Star News Scrvice).
; NASHVILLE, Tenn, Apr. 10
tennessee, highest court in session
kere recently denied the petition
of the Morris convention to rehear
and reopen the publishing lawsuit.
RamurS of this denial of the docu-
L cnt or the petition to. o.rehear, which
Was filed by the attorneys in the
case representing VIM. Haynes, +.
NJ. Lawrence, S. p. Harris and
others of the Morris convention,
reached the headquarters from the
court rooms about p. IN. today
and was at once sent b roadcaSt
throughout the country, as it is
claimed that this put complete
end TO this case.
The Tulsa star. [volume] (Tulsa, Okla.) 1913-1921, 1920-04-17

ROT as fast as we.
The first half ended & to ? in Tul-
Sd'N favor, at this time all of Nowata
was sick. In the second half the
Nowala girls started with the speed
of a panther, but were never able to
reach the danger mark. We want
every body to know that Nowaia
has a good, fast, clean and hard
playing team. The game ended 30
10 : in TulSa'S favor and the Tulsa
girls were declared to be The fast
est and best team in Oklahoma. and
we must be the "Chanpion." We
amt anNthing else.
The Tulsa lineup is as follows:
Calwcll, center: Moore. Holder
ness. Stccd, Goodwin, guards; DiaS.
Watson. Simpson, forwards. Miss
Dun as referee and Miss Elliott as
umpire
The Tulsa star. [volume] (Tulsa, Okla.) 1913-1921, 1920-04-17
is FOUND NOT GUILTY
Jury Exonerates Negro From Charge
of Murder of Indian at "ChOc"
Beer Party.

Finding Sheridan Taylor, a Ne
gro not guilty of the murder of Dick
Leitka, an Indian, at a farm house
near BiXby on the night of March
II, the jury in district court before
which the case was tried Tuesday
returned verdict into court yes
tcrday morning.
Questions asked by jurors of the
defendant while the latter was on
the witness stanl indicated that the
cXoneration was due to the fact thai
the Negroes and Indians at the
dance had been drinking "choc'
beer and that Leitka, after quarrel.
ing with a man other than the de
fendant, pushed the latter out of the
door of the house.
The Tulsa star. [volume] (Tulsa, Okla.) 1913-1921, 1920-04-17
GOV ERNMENT MAY PRO
TECT SHIPMENTS WITH ARMS
Outlaw Strike Threatens 10 Hold
Up Freight Shipments of
Food.
(Slar News Service

(Slar News Service.
WASHINGTON, d. c., April 10
Should the "ouilaw" Switchmcn'S
.irike continue, the Post office De
partmcnt Congress agreeing, will
use the mails on a wholesale scale
to convey foodStuirS. Fourth ASSiS-
ant Postmaster General BlakcSlcc,
today proposed that if the situation
should become critical, Congress
should rush through law permit
ing parcel post packages to be dC-
Ccpted up to the weight of five hun
dred pounds. As the government
viii use troops to protect mail trains
if necessary, this plan would ensure
that all freight forwarded by mail
will not be held up by force, but
will 90 through backed by bayonets.