davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1920-02-21
RAILS BASED UP AS
 OPPOSITION ID THE
 RAIL. BILL APPEARS
Favorable Incident of the Day Was the Further Strength of Exchange,
 a Rise of 30 Cents
By Associated Pres.

New York, February 2O-Stocks were
 irRegular at the outset of todays deal- ings. rails easing on selling due to op-
 position by financial and labor interests
 to certain provisions of the railroad bill.
 Reversals were brief, however, prices ral-
 lying when buying of secondary rails was
 resumed.
 Gains in low-grade issues of the roads traversing western and southwestern sec tions of the country were increased by i to 21s points, but high-grade shares or assured dividend payers made compara-
 | lively little headway. | During the intermediate and later pe-
 riods of the session trading was defect ed from interpretations to prominent in dustrials and specialties | During the intermediate and later pe-
 riods of the session trading was defect
 ed from transportatons to prominent in-
 dustrials and specialties.
 | These were featured by General Motors and Crusible Steel, in which the bears sustained further punishment. General Motors registered an extreme
 advance of 161S points at 254, almost 30 points from it's recent low, and Cruicible
 Steel at a 5-point gain was IT points over it's minimum of the early week. Other motors and steels were firm to
 strong with oils, equipments. shippings and metals, while textiles and feathers made noteworthy recoveries. Reactions of 1 to points at the close were the log
 ieal result of profit-taking
 Favorable incidents of the cay included
 the further strength of exchange, the
 London quotation at it's best rising about 50 cents to the pound over the low record of the previous fortnight, while call
 money was abundant at per cent, that rate applying to accommodations over the weekend
 All branches of the bond market were v,sibly stronger, speculative issues agalh featuring the railway division, with rur- ther improvement in foreign flotatons and marked firmness in the Liberty group. Total sales, par value, aggregated S13. GOO old United States bonds were
 unchanged on call.
The Birmingham age-herald., 1920-02-21
Sugar Market Ry Associated Press

New York, February 20.-The local market for raw sugar was unsettled today and no new business was re- ported, although there was considerable sugar available at 9Ac for Cubas, cost and freight. equal to 10.2sc for centri- fugal, while Porto Rico sugar was or fered at 10c, delivered, without finding buyers.
 It was said that about 4S.000 bags or Cubas had been sold there at prices ranging from sS.52h to SS421s t'o.p'' for May loading. The market for re- fined sugar was unchanged at l9c to 16c for fine granulated, with deliveries showing si~as of improvement.
 The market for sugar futures was little more active today and prices were irregular, reflecting the uncertainty in the spot market. The opening was about unchanged on the active positions, but sold 70 . points higher on buying, which was credited to Wall street house with Cuban connections, only 10 again ease off under selling by trade in- terests with closing quotations 10 poinf higher to 10 net lower, sales were 1,050 tons.
The Birmingham age-herald., 1920-02-21
UNIVERSITY

University, February 20.-(Speeial) Several important bulletins have been and are being prepared by the state geological survey located at the uni- versity of Alabama. An article writ ten by Dr Stuart J. Lloyd, professor of chemistry and compiled by pr. Ro- land M. Harper, state botanist dealing with oil and gas possibilities in Ala bamai is expected from the press in few days. The bulletin contains a diagram which divides the state into three sections and shows from a scien- tific standpoint where it is probable that oil exists and where it is not probable A copy of the bulletin may be had as soon as it comes from the press by application to Dr. E. A. Smith, state geologist, of the university.
 Dr. Harper has placed in bulletin form treaties of his dealing with the water and. mineral content of the epiphytic fern He shows by experi- ment that the fern which grows on certain trees does not derive it's entire nutriment from air and rain as is com monly supposed, but also from the ground pr. Harper is also expecting an extended article of his to appear in a nearly issue of the Scientific Monthly giving a graphic method of measuring civilization. A majority of his illus trations are taken from Alabama
 Dr. J. NJ Van der Westhuyzen. new professor in the department of com merce and business administration at the university. addressed the Science Club at it's regular meeting the past week Dr. Van der Westhuyzen re- gently came to Alabama from South Africa. so his lecture dealt with labor conditions in South Africa and also in Australia The Science Club is com posed of university professors,
 Tom Garner director of the Univer sity Glee Club, and Miss Stella Harris of Tuscaloosa attended the first state music conference held at Montevallo the first of the week. Mir. Garner stated that a state organization vas formed and steps were taken toward the standa rdization of the teaching of music in the state.
 University time is now regulated each day by the government tick sent out from Washington Two enterprise ing students, H. F.. Bowen and D. M. Booth of Mobile have established an amateur wireless outfit which easily receives messa ges from distances as far as Washington. As there are now no restrictions as to the use of the wireless the two students take adyant- age of the noon tick sent out each day to all ships and stations from Wash 5neton and the university clock is set accordingly.
The Birmingham age-herald., 1920-02-21
Hester's Weekly Cotton Statement

New Orleans, February 20.-Compari- sons are to actual dates not to close or corresponding weeks
 Tn sight for week, 219, 900: same seven days last year, 17s,000 same seven days year before. 22o,00O; for the month, eS0 900; same date last year, 567,000; same date year before, 562,000; for sea son, 9,441,000; same date last year, B. 56l,000; same date year before, BASIL 900.
 Port receipts for season, 4.3S2,00o; 7; same date last year, 3.932,000; same date year before last, 4,776,000
 Overland to mills and Canada for sea- son, 942,000; same date last year 1,OO5,- GOO; same date year before 1,043
 Southern mill takings for season, D. S12,000; same date last year, 2,S57,000; same date year before. 2,975,000.
 Interior stocks in excess of Septem- Der 1st, 666, 900; last year, 6e6,00o; year before, 6SS,000.
 Foreign exports for week, 126,OO0; same seven days last year, 1f1,OOo; same seven days year before. 72,0O0i for season, 4,234.000; same date last year, 2,909,000; same date year before, [ ?. 2.S74,000.
 Northern spinners' takings and Cana da for week, 32,000; same seven days last year, 30,000; for season, 1,72S,O00; 10 same udl6 idSl year, lsoSo'VuVs
 Statement of spinner's takings Of American cotton throughout the world. This week, 209,000; same seven days last year, ,000; same seven days year before, 5000; total since September l, 7,96S, ,000; same date last year, 6,S77,000; same date year before, 7S35,000.
 Statement of worlds visible supply Total visible this week. 6,213.000; last week, 6,203;; same date last year, D. 1 P, 900; same date year before, S,451,- 000
 Of this the total American this week, 4,650 900; last week, 4,640, 900; last year, 3,616, 900; year before 9,150,000.
 All other kinds this week, 1,563,oo0; last week, 1,563, 900; last year. 1,57s,0o year before, 1,301,000.
 Visible in the United States this week, 2.5Os, OO0l this date last year, D. 67S000;
 Visible in other countries this week, 3,705, ,000; this date last year, 2519, 000.
The Birmingham age-herald., 1920-02-21
.THREE-DAY CLOSING
 IN SIGHT AFFECTS THE COTTON MARKET
General List Closed Steady, Net 13 Points Lower to 16 Points Higher Than the
 Finals of Thursday

New York, February 20-The cotton market was very quiet today and local brokers attributed their fluctuations to further evening up of outstanding ac- counts for over the three-day adjourn ment after selling off to 34.17c during the early trading. May rallied to S44Sc trlr eased later, closing at A.3fc. while the general list closed steady, net lS points lower to 16 points higher March showed the decline, while later months were to 16 points above last nights final fig ures
 The market opened steady at a decline of points to an advance of IS points on overnight buying orders ana the continued frmness of foreign exchange. The initial figures were better than due on '<e cables, however, and prices soon turned easier under Liverpool selling, while there was also considerable scattered realiz-
 ing. Very little support was in evidence until March sold off to 36 45c and July to 32c, or about 9 to 20 points net lower. The market then steadied on covering, and there were rallies during the middle of the day. with new crop months rela- lively steady on prospects for unfavor- able weather in the southwest and appre- hensions of further delays in farm work. March advanced 10 36.7Sc and July to S2 .24c, or about 1s to 15 points net higher, while October sold up to Soc or 2S points above last nights closing quotation. The short interest seemed to have been pretty we'll supplied on this bulge however, and the market later was quit and ir- regular, closing several points off from the best under realizing. Both the New York and New Orleans markets win De closed from today untif Tuesday morning, while Liverpool will be open for business on Monday. Private cables said todays S early market in Liverpool was steady on continental buying and attributed the later reaction to the advance in ex- change.
The Birmingham age-herald., 1920-02-21
Dun's Review
By AsseeIa,.d Pres,


 New York, February 20.-Dun's tomor- row will say:
 With increasing force the price ques- tion governs business operations in va ricus channels, and waiting for further market deflation has lately become a more noticeable feature of the general situation. Exceptions to this condition are not absent appearing conspicuously in iron and steel. and in certain other industries, but the main tendency is clearly toward growing conservatism and caution among buyers, many of whom are more disposed to purchase for inn mediate and wel-defned needs than in anticipation of future requirements. Doubts among some sellers regarding the holding power of prices, moreover, have found tangible expression in offerings of goods for forward delivery at lower quo- tations than those now current, and re- sales at concessions of merchandise pre- viously taken on speculation have af- forded another indication of the present trend of sentiment
The Birmingham age-herald., 1920-02-21
THE DAY IN WALL STREET
Profit aking Responsible for Leveling Off of Rails Motor Stocks Give Best Performance in Weeks, But Still Have Long Way to Go to
 Regain Previous Heights

antness. On total dealings q close to 4o,OOo shares motors. wHch had closed at 2371s on Thursday, touched 5Q by midday, shortly after reaching 254. the high for the days move. After that it dropped below 250 again, but rallied at the close to &0A, where it showed a net gain of l2A points. once General Motors started moving forward, the rest of the motor shares swung into line At it's top General Motors showed a recovery of nearly 30 points from it's recent low, While the other motor issue showed recov- cries of to 10 points.
 Despite the fairly vigorous come back in the motor shares today, they still have a long way to travel be- fore they get back to the heights from which they started the decline. Many observers do not believe the recovery in this group will go very far even though all the reports heard about the state of the industry are optimistic. 4 Wall street man, who is rather keen student of the trend of business tides. who, by the way, is closely allied with interests identified with the automobile manufacturing indus try, made the positive statement today that at the end of twelve months the leading motor car manufacturers will be faced with the serious problem of an overproduction. You have had people buying cars in recent months" said this man, who a few years ago never dreamed of being the owners of cars. The readjustment of industry with the wage scale reductions that are inevitable, together with other commercial developments. Is bound to reduced greatly the demand for new cars. And when this strikes home somebody will suffer-" He was asked what he thought of the motor stocks. "They may go a bit higher he re- piled, "hut if I bought them I would want to protect myself so far as pos sihle by putting in stop loss orders
The Birmingham age-herald., 1920-02-21
Weekly Cotton Review

New York. February 0-The cotton market has not been more than moderate ly active during the past week, but has shown generally steady or firm tone on continued covering in the absence of spot pressure or aggressive speculative offer lrgs. The advance from S1 .50c, the recent low point for May contracts, extended to 3i FOG on Tuesday, At this price there was realizing for over the approaching holidays and fluctuations since then have been more or less irregular. On the >1oie, however, offerings have been quite read ils absorbed on comparatively moderate reactions and the much smaller volume of business during todays trading sug- gested that outstanding accounts had been
The Birmingham age-herald., 1920-02-21
MARINE NEWS
By A..oeiattd Press


 Mobile, February 20.-Arrived, none. Sailed; Steamers Bowden (Norwegian), Belize; Everglades, Cuba. Schooners Gertrude Parsons. Cuba; Seaman. Ma tanzas
 New Orleans, February 20-Cleared steamers Cubadist. Havana: J. Oswalf Boyd. British. Tampico; Lake Cahoon, Matanzas via Cuban ports: Lake Wi mona. Porto Rico: Neptune. Frontera via Tampico and Vera Cruz: Quinlis- tan. Honduran. Omoa via Port Cortez Tegueigalpa, Honduras. Ceiba; Truxillo. Tela via Truxilo.
 { Port Eads. February 20.-Arrived Steamers Ada (. Italian, Norfolk: In fanta Isabel Spanish. Havana; Minooka. Mobiie Nika, Eucador via Panama canal Santurce. Porto Rico
 Sailed: Steamers Johan Ludsis Mo- winckel. Norwegian. Urogreso; Manzan- lilo. Galveston; Panoil. Tampa; Paris nina. Bocas Del Toro via Cristobal and Havana Rama. Blnefelds via Cape Gracias; Scantie, Liverpool Via Norfoi k Tipton, Tela.
The Birmingham age-herald., 1920-02-21
Cottonseed Oil

New York. February 20.-Cotton seed oil was easier new low levels being touched fer the movement The south and west. as well as locals, were sellers while refiners and prominent local operator ntssupport Rumors of e& port business helped to check the de cline.
 Closing bids were to A points net lower: sales 30,500 barrels.
 Prime crude, SIS; prime summer yell low spot, sf4,45; March, s19.62; May, s20; July, $20.17. Prime winter yellow and summer white. nominal
The Birmingham age-herald., 1920-02-21
Port Movement

New orleans: Middling. s975e; receipts, 4555 bales; exports, 7,ss0; sales. l,l94' stock, 427,741.
 Galveston: Middlng, A.25c; receipts, a.55s: exporls. 916s; sales, 1lO2; stock, 3f4f;
 .,.cDle: MiddAna 3S5oc; receipts, sz bales stock 2l, ,32@
 Savannah: Middling. 9.25c; receipts, 2.bo bales: stock. 2Os5l7.
 Charleston: Middllng, g. 25c; receipts, 56o bales; stock, 12s,S70
 Wilmington: Mddling. 3sc; receipts. @ bales; stock, 53,6i7.
The Birmingham age-herald., 1920-02-21

Paris. February 20.-The weekly statement of the Bank of France shows the following changes: Gold in hand increased 251,112 francs Silver in hand decreased 1.130,033 francs Notes in circulation decreased 2S,225, ,305 francs. treasury deposits decreased 9,034,s24 Irancs General deposits decreased 32,- 367,230 francs. Bills discontinued in- creased 91.319,3S1 Advances decreased 16,700,O55 francs.
The Birmingham age-herald., 1920-02-21

e2.272.
 Norfolk: Ntiddling. sS.75c; receipts, eS bales; exports. 4,599; sales, 7Ol; stock S7.27l.
 Baltimore: Receipts. 2,050 bales stoek' 1915.
 Boston: AIiddling. ssaoc; stock, 5.eSs bales
 Philadelphia: MiddHng. S925c; receipts. 75 bales: stock, 10.434
 New York: Middlng. soe; exports, 2,256 bales stock 5l,5tS.
 Minor ports: Receipts, 7,i4 bales; eX- ports, 2,2s5; stock, 17252.
 Total receipts today, 2i ,490 bales; eX- ports. 4oSS9 stock 1,i39.3i1
 Total receipts for week, 165,6SS bales exports, l25,S59
 Total receipts for season, 5,3S2,2I ex- ports. 4,2SS,775.
The Birmingham age-herald., 1920-02-21
Liverpool Cotton

BY NssUUTd1Fu FFtss Liverpool, February 20.-Cotton spot quiet: prices lower; good middling s276d; fully midling, 31.76d; middling, 30.51d low middling, 27.46d; good ordi nary, 24.26d; ordinary, 23.26d. Sales, 6000 bales including 5000 American receipts. 17.00O bales, including 13,700 American. Futures closed barely steady. February. 2S24d; March 2794d May 2s.52d; July, 2519d; October 231Sd; January 22.02d
The Birmingham age-herald., 1920-02-21
Ncm0ork dribn1te

New York, February .a.-(Special-)- Proft-taking was held responsible for the slight leveling off of many of the rails today. On the whole, however, the group held its ground rather we'll considering the extent of the rise in the eyes of most traders. It is stated by those who claim to know that for the first time in a long while a short inc terest exists in the railroad group. The borrowing demand for rails has been fairly active since early in the week. Professional traders who bought the rails on Wednesday when the rise started took their profits, it is said and after having lost their market for the rise continued on up with out them, they sold the rails short While the short interest is probably not large it is probably of sufficient size to bring i'll some buying on any sharp decline, X large Wall street house says the local buying of the rails this week has been of excellent quality.
 Motor stocks as a group gave much the best performance today in weeks Under leadership of General Motors, common stock, which apparently was pushed ahead by urgent covering by traders who sold the stock in antici- patton of the recent decline, and who had not taken their profits the rise in the motors was rather pronounced And with the dying out of the move ment in the rails, which seemed, to have spent it's force for the time be- ing, the uprush in the motors was the big outstanding development in t,e days market General Motors stock attracted most attention not only be- cause of its sensational strength, out also because of the fact that it wtS' the special target of the professional bears during the late market unpleas- reported today at 3.79O. The santos spo market was unchanged. The early cahle' showed a decline of 50 to 275 reis II Santos futures but later an advance o T5 to 225 reis was reported.
 Brazilian ports, 17,ooo; Jundiahy re-
The Birmingham age-herald., 1920-02-21
Interior Movement

Houston: Middling. 40c; receipts. 5,SSl bales; shipments. 4,Sf9; sales, 75o; stock 246, 66l
 Memphis Middling. S950c; receipts, 2,S59 bales; shipments, 2,575; sales, 1000; stock 295.55l
 Augusta Mlddling, SS.50c; receipts, ZSo bales: shipments, 2,094: stock, 160,l69
 St Louis; Middling. 3ec; receipts S9O bales shipments, 5S: stock, 9,S60.
 Little Rock: Middling, Ssc; receipts fso bales: shipments, 5SO; sales, 5S0' stock 50,02S.
 Total receipts today, i1764; shipments S,S4O; stock, 195.3li.
The Birmingham age-herald., 1920-02-21
Metal Market By Associated Press

New York, February N.--Copper steady electrolytic spot and first quarter. 19; sec- ond quarter. 19d19A; iron firm and un- changed. Antimory y. 11.s7. Metal ex- change quotes lead firm; spot and March, S.S7G9.12; zinc, unsettled, spot. S.75de.05; ; at London, standard copper spot, 8ll4 12s Cd, futures, 9122 IS Sd; electrolytte spot. a127; futures, e13O. Tin spot, e4Ol 5s; futures, 9402 12s Cd. Lead spot, 4o2, Is 6d futures, e53 Is Cd Zinc spot, GGl 5s futures, 963 15s
The Birmingham age-herald., 1920-02-21
Liberty Bonds By Associated Press
Money Market
 By Associated Press

New York, February 20.-Mercantile pa per, 619@eA; sterling e9-dav bills, S42 commercial 6O-day bills on banks, S42 commercial 60-day bills, 341a; demand, .S45A; cables, 346 Francs demand 1887, cables 1895; Belgian francs, demand 12.92. cables 12.90; guilders, demand S714 cables S71s; lire, demand 1772, cables, ITO; marks, demand 1.06. cables 107; government bonds strong; railroad bonds strong
 Time loans strong; 60 days, 90 days and six months, s.
 Bar silver. 1.30. Mexican dolIars oo1k
The Birmingham age-herald., 1920-02-21

U. S. As. registered, bid ........ 106
 U. $. As. coupon, bid -.....-.- lO6
 Panama 3s, registered. bid ..... SIS
 Panama, Ss, coupon bid .-...-.'. SS
 American $. & R. 5s ........... S3
 American T. s T. cy. 6s ......-. 9IlA Angio-French 5s ..-....-.,..... 9sS Atchison gen. As ......,....... 1S14 Atlantic Coast Line 1st As ....-. 76
 Baltimore & Ohio cv. 4 hs ...... 643s Bethlehem Steel ref. 5s ....... S4 Central of Georgia cons. 5s S4
 Central Leather 5s. bid .... S4h Chesapeake & Ohio cv. 5s ... so
 Chi, B. X Quincy joint Is ...... 94A Chi. Mil. & St. F. cv 415s .... 70ls Chi. R. I. & Pac. Ry ref. As ... 641s City of Paris 6s ..s 9l Colorado & Southern ref. 4hs ... ,TlA Denver & Rio' Grande cons. A 62A Dominion of Canada 5s 1931)... Sl F Erie gen. 4s .................... ABA Illinois Central ref. As ...... 72
 Int Mer. Marine 6s ............ SS15 Kansas City Southern ref 5s es1s Liggett & Myers 5s. bid .... S9s Louisville & Nashville un. 4s ... S1
 Missouri, K. & T. 1st As .... 5S Missouri Pae. gen. 4s ....,..... 56a4 New York Central deb. 6s ...... 923s Norfolk & Western cv. 6s ..... 101 Northern Pacific 4s ........... 15h Pennsylvania gen. 5s .......... S9A Reading gen. 4s .......... ..... 19& Republic I. & s. 5s G940) bid SS3s st. Louis & San Fran. adj. 6s ~ 62 Seaboard Air Line adj 5s ... 3Si5 Southern Bell Tel. 5s. bid .. SS Southern Pacific ev. 5s ........ 1G11s Southern Railway 5s ......... S27s Southern Railway gen. 4s ... 5SSs Texas Company cv. 6s ........ 10015 Texas & Pacific 1st. bid .. S21s Union Pacific As ..........-. S2 United Kingdom of Great Britain
 and Ireland 515s (1937) ...,. s67s U. 5. Steel 5s .............,J... 791s Virginia Carolina Chemical 5s 95
 Wabash 1st .................. S77s Wilson & Co. cv. 6s ,..-..s..... 91%
The Birmingham age-herald., 1920-02-21
Naval Stores By Associated Press

Savannah, February 20.-Turpentine firm; s1.s1; sales, 2s2; receipts, none; shipments 10 stock, 7413. Rosin, re- ceipts none; shipments, 36; stock. 32,- 990: sales, SIS Quote: B, $15.S0; ID, E. s16.S0; r. $1s.4o; G, s1s.4N; H, s165oi i, S1670: K, SIT; M, s17.25; N. $175Oi VIC, wv, $1775.
The Birmingham age-herald., 1920-02-21
Chicago Futures Ru Assnciafeh Prexs
Cash Grain

BY Ass0cIateu FFest
 Chicago. February 20--Cash corn. No 2, mixed, sl4O@l.41; No. 2 yellow. sl AT @1.4s. Oats, No. white, S71s @ss% e; No. 3 white. S74 @S7%c.' Rye. No. ?, s1.60@1.61. Barley, s1.32@ .33; tim othy seed. $12@14; clover seed, s45 @59; :; pork, nominal; lard, s2o.2O; ribs, s17.25 @1S.25.
The Birmingham age-herald., 1920-02-21
Would Delay Salvaging
 ux A..ref.fna prose

Washington, Februars 20.Rv an agree ment reached today bs the Senate and House conferees on the military camp bill the salvaging If Camps Eustis Va. Gordon. Ga. and Tayfnr Ky. would be delayed until June g. i92i
The Birmingham age-herald., 1920-02-21
Spot Cotton

New Orleans, February 20.-Spot cotton, steady and unchanged; sales on the spot, 912; to arrive, LOST; low middling. 32.25c; middling, 975c; good middling. 41.75c. Receipts, 4555; stock 427.74t.
The Birmingham age-herald., 1920-02-21
Weekly I.ivernooI

By eh5oeiathu ffSes Liverpool. Fe9r ary a--Weekly cotton statistics: Tof0I forwa 'el tn mills, lM, 900 bales American 7.o0)i stock, 1.063.o0o0, American s42.0e0; reports 5000. Amer ican, 5O.0J; exports, ld,0O0
The Birmingham age-herald., 1920-02-21
Hubbard Bros. & Go.

Cotton Merchants, Hanover Square. New York. Members New York Cotton Exchange New Orleans Cotton Exchange. New Xori Produce Exchange. Associated Members Liv' erpool Cotton Associations. Orders solicited tor the purchase and sale of Cotton ano Cotton Seed oil ,or future delivery. Specia' attention and liberal terms given for con signment of spot cotton for delivery. Cor eespondence invited.