davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1920-12-08
COTTON MARKET
 SENTIMENT WAS
 STILL UNSETTLED
At the Closing Hour the Gen. eraI List Closed Barely Steady, at a Big Net
 Decline
By Associated Press

New York, December 7-The cotton market was generally lower today, with sentiment unsettled by the weakness of foreign exchange, lower Liverpool cables and reports of less favorable tone in Wall street January deliveries sold off to 15.7Sc. making a net decline of 57 points, and closed at 15.93c, with the general list closing barely steady at net decline of 9 to 42 points.
 The market opened steady at un- changed prices to q decline of 20 points in response to the decline in Liverpool and unfavorapie Manchester trade re- ports. There were rallies of several points right after the call, but they met increased offerings, and the market better spot domestic demand slightly rallied during the middle of the day, but failed to inspire any fresh buying of con sequence, and lowest prices were reached in the late trading under local, Wall street and southern pressure. December with active months generally showing losses OI fo to 5t pOlHtS, d1teI WiiiSi there were slight rallies on covering. There were reports from Dallas of bet ter demand there from Liverpool and telegram from North Carolina said there was a better demand for low grades, while spot business in Louisiana was said to be restricted by the firm price views of holders. Neither these reports nor Washington advices indicating pros poets for early action on farmer relef measures seemed to make much impress sion, however, and there was a reae- tionary feeling around the ring after the recovery of about cents per pound from recent low records. Two crop es- inmates were issIed, one of 12,90o,OoO ana the other F, ,96o,0 bales. Exports today l4S91, making 1,943, ,234 so far this season. Port receipts, 52,S69. United States port stock. 1. .a3a3t 964.
The Birmingham age-herald., 1920-12-08
Hubbard Bros. X Co.'S Better

New York, December -CSpeciaL) Jour market showed a slightly easier tendency due to weaker Liverpool cables. The trade bought while the south sold. Liver pool at times was on both sides of the market, but leaned towards the selling side. Little outside business appeared, and it was a typical pre-holiday market The cloth market was dull, and we be- lieve that in a short time they will come to the conclusion that high prices cannot be, maintained. We still hear of wage cuts and curtailment of mills output All this is a step in our economic proc ess necessary to attain normal condi- tions, and we feel that the sooner all hands adjust themselves to this new period the sooner our era of prosperity and big business will take place. We are hoping all this will come about the latter part of January and think that cotton bought now will show profits then, al- though sharp declines-are bound to occur in our now uncertain market.-Hubbard Bros.
The Birmingham age-herald., 1920-12-08
HALT IN EXPORT CAUSES SHARP DECLINE IN WHEAT
 IN CHICAGO GRAIN PIT
By Associated Press

Chicago, December 7.-Wheat under went a sharp decline in price today, ow- ing largely to an apparent halt in ex- port business and to misgivings about the banking situation in the northwest. Closing quotations were heavy, 7A to 9c net lower with December T.70A and March $1.67A to s1.67%. Corn lost, 2@31sc and oats 11s@kc. In provisions the out come varied from 4Oc decline to 12c advance.
 Refusal of exporters to follow the re- cent upturn in wheat prices gave a de- cided advantage to bears throughout the day. Selling was active from the start and was said to come in a considerable degree from foreign interests. Part of the selling was also ascribed to gossip that officials of the Canadian govern ment had completed arrangements with the hauling of wheat from Canadian ter minals to Minneapolis during the winter. This report, however, was not confirmed. On the other hand knowledge of ad- ditional bank failures in North Dakota, including one federal reserve institution, was positive and did a good deal to depreSs the market of support from shorts who were in a position to collect profits.
 Corn and oats declined with wheat Be- sides, enlarged requests for cars was gen. erafy taken to indicate more liberal re- ceipts of corn here soon.
 Weakness of grain and hogs made provisions average lower. Packers were sellers of ribs.
The Birmingham age-herald., 1920-12-08
New York Futures Ry Associated Press
New Orleans Cotton
 ap A..an;a+n1 prAGa

New Orleans, December 7-While cotton was lower from the opening to- day the tone was very steady at the decline during the greater part Of the session, and it was only in the late trading that the market turned easy. under liquidation of long contracts in preparation for the census bureau re- port on ginning, due the first thlng this morning. It was here that the low est levels were reached, January falling to 15.2Oc and July to 15.63c, with the list showing losses of 3S to 52 points. Closing prices were 20 to 50 points un- der the final prices of yesterday
 The early decline was due mainly to poor cables, although a crop estimate of 12,991, 900 bales, not including lint- CTS, was against values as was also the break in foreign exchange mid-session on.
 Keeping the market steady at the de- cline were many reports from Carolina mill points that mill were resum.ng full time, and that some of them were even planning overtime, while tne point sent in word that some mills had orders ahead for the next six months and Charlotte dispatches told of the sale of 10000 pounds of yarns. Bull ish news, however, did not at any time lead to aggressive buying.
The Birmingham age-herald., 1920-12-08
OILS AND RAILS ARE. ONLY REDEEMING. MARK KETFEATURES.
Weakest Stocks Were Those Comprising the Food, To- bacco, Chemical and
 Motor Groups
By Associated Press

New York, December Oils and rails of the better class were the only re- deeming features of today's irregular to heavy stock market, those shares dis playing occasional strength, while spe- cialties of the miscellaneous variety were under constant pressure.
 Weakest stocks were those comprising the food, tobacco, chemical and motor groups, particularly certain issues whose financial requirements and dividend status have recently been the subject of lively discussion in speculative circles.
 Texas and Pacific coal and oil was in active demand at a net gain of 9R points, and Willys-Overland, preferred, repre- sented the other side of the account, losing 91z points, or a total of 20 points in little more than a week. Nominal losses exceeded gains at the uncertain close with sales of 10000 shares.
 Dealings were preponderantly profess sional, developments and other incidents of the day, including publication of the Presidents message to Congress, even- tually lacking the elements essential to operations for the construction side
 Greater interest was manifested by local financial interests in the additional bank failures reported from North Da- kota; commodity markets were again nervous and new low prices were recorded for raws, sugar and bar silver.
 Several of the leading transportation systems announced further curtailment of their working forces, the New Eng land textile situation developed more un- favorable aspects and a leading Can adian silver mine suspended dividenda
 No deviation from it's recent monotous course was shown by the money market but foreign. exchange on London and all centers of continental Europe continued to weaken, the Chinese rate also break ing sharply on another drop in the Lon don silver market
 Bonds were mainly lower on diversi- fled dealings, internationals being more active. Total sales, par value, $16,Soo,ooo
 Old U. S. 2s and As regained yester- days loss of 14 per cent on call.
The Birmingham age-herald., 1920-12-08

New York, December 7.-There was a break of quarter cent pound in the price of raw sugar today. with prices selling into new low ground for the year. It was reported early that 1900 bags of Culbas had been sold last night at is4 cents, cost and freight, for prompt shipment, and today $500 bags of Porto Ricos were sold for prompt shipment at S5.51 for centrifugal. There was no changes in refined sugar with fine gran ulated listed at sS75 to 80 for fine gran ulated. There was a fair inquiry noted for prompt shipmenet, while buyers were not inclined to anticipate.
 The market for sugar futures was ir- regular, but in the main easier. The opening was unchanged to points lower under scattered liquidation, but prices rallied on covering, regaining prac-
 icany all the early loss. only to again weaken under increased offerings from Wall street and Cuban interests prompt ed by the easier spot market. Closing prices were at lowest of the day and from i to 12 points net lower. January closed at s476; March, $.S4' May, S49o; July, 5.06
The Birmingham age-herald., 1920-12-08
Coffee Market


 New York, December 7.-The market for coffee futures was lower today, ow- ing to easier Brazilian cables and ex- change rates. First prices showed de- clines of IA to b points and the more active positions sold l4 to 20 points below last nights close during the day. wieh March touching s7.o5, compared with s7 4s. the high point reached on the rally of late last week, and $6.75, the low record of last October. That delivery closed at $7. 10, with the general market showing a net decline of 10 to 19 points. Decen- Der. s6.55 January, s6.73; March. S.1o May, s7.49: July, s7.ss; Septemeber, $.H October, sS.14
 Spot coffee unsettled; Rio Is, 65sM7}sc. Santos As, 1Gdf101zc. Offers of Santos Is were reported in the cost and freight market, ranging from So to $975, Amer ican credits No fresh offers were re- ported from Rio.
 The official cables showed a decline of 1O0 to l50 reis in the Rio market and of 75 to 100 reis in Santos. while the dollar buying rate was 100 reis higher and Rio exchange on London lsd lower. Brazilian port receipts, 6s000 Jundiahy receipts. 35 GOO.
 Bahia cleared 2,5oo for New York.
The Birmingham age-herald., 1920-12-08

American Smelling & Refining 5s 75 | American Tel. & Tel. cv. 6s .. 95
 Atchison gen. As ........,...... 74A Atlantic Coast Line 1st As ..... 775s
 Baltimore & Ohio cv. 4%s .. 65B Bethlehem Steel ref. 5s ...... 771A Central of Georgia con. 5s ..... SC
 Central Leather 5s ............ 90 Chesapeake x Ohio cv. 5s ...... 84R Chicago. B. x Quincy joint As ... S4R Chicago Mil & St. F. cv. 1 1zs .. 6S
 Chicago R. I. & Pac. ref. 4s... 65A City of Paris 6s ................ SEA Colorado X Southern ref. 41zs =. 72
 Denver & Rio Grande con. 4s.. GAIA Dominion of Canada 5s (931).. S91a Erie gen. 4s ...-............... fl
 Illinois Central ref. As, bid. ..... TIA Inter Mer Marine 6s ......,... 799s Kansas City Southern ref. 5s 7O7s LlgSett & Myers 5s ...,......... S0A Louis & Nash. un As .. S01s Missouri, Kan. & Texas 1st 4s 57s Missouri Pacific gen. Is ... 53 New York Central deb. 6s ...... 9OA Norfolk & Western cv 6s ...... 1OS9s Northern Pacific As ......,. 76 Pennsylvania gen. 5s .,.... SS Reading gen. 4s ................ 79M Republic Iron & Steel 5s (1940. S5& St Louis & San Fran. adj. 6s 6412 Seaboard Air Line adj. 5s coco. 261S Southern Bell Telephone 5s .... S1 Southern Pacific cv. 5s ......... 1O2h Southern Railway 5s ........... S5 q Southern Railway gen. As ...... 59 Texas & Pacific 1st, bid .... 7S Union Pacific As .............. 80 United Kingdom of G. B. & I.
 5ks Q93O ............... 91k U s. Steel 5s .............. 911a va-Carolina Chemical 5s .... 91A Wabash 1st .................. S5 F Wilson & Co. cv. 6s ............ SPA
The Birmingham age-herald., 1920-12-08
MARINE NEWS
By Associated Press

By Associated Press
 New Orleans, December 7.-Cleared' Bayamo. Santiago. via Manzanille and Cuban ports; Bowden (Norwegiam. Tela; Brazilier (British), Antwerp; Creole. New York; Lake Zaliksi, Havana, via Matanzas and Antilla; Mombassa (Brit- ish). Glasgow; Parsmina, Bocas del Toro via Cristobal; Schoharie. Antwerp and Ghent, via Hamburg and Norfolk.
 Port Eads December 7.-Arrived: Cop pename, Port Barrios; Elcida, New York; Cairn Vatona (British) Glasgow
 Sailed: Holdenevess, Tampico l. c. White, Tampico; Pinthis, Tampico; Scan- tic, Liverpool, via Norfolk.
 Mobile, December 7.-Arrived: Vera, Belize; Lake Capens, Tela: Bantu, Rio Janeiro.
 Sailed: Lake Orange. Cuban ports; Lake Floris, Guadeloupe; schooner Ber- nice, Havana.
The Birmingham age-herald., 1920-12-08
Money Market g,, AGSnnsotad A PraGG

New York December 7.-Prime mer- cantile paper, 7a4@S. Exchange, weak; sterling 6O-day bills, 3.SS5s; commercial Go-day bills on banks, 3.3S9s; commercial 60-day bills, 3.3S1s; demand, 3.4Sls; cables 3. .437s.
 Francs, demand, 5.S6; cables, 5.SS. Bel gian francs, demand, 6.2l; cables, 6.23 Builders, demand, 30. .35; cables, SO.45. Lire, demand, 3.B; cables, NS.5o; marks, de- mand 1S0; cables, 1.31 Greece, demand 7.95. New York exchange on Montreal, 13A per cent discount. Government bonds easy and railroad bonds heavy. Time loans, firm; 60 days, 90 days and six months, 71k@7$4
The Birmingham age-herald., 1920-12-08

2,627; shipments, 1,5S4; sales, 120; stock. l146,4 413.
 St. Louis: Middling, 15.5Oc; receipts, 2,134: shipments, 1,181; stock, HAYS;
 Atlanta Middling, 15c
 Little Rock: Middling. 15c; receipts, 1,220; shipments, 422; sales, 491; stock, 5,336.
 Dallas: Middling, 14.SOc; sales, 9,182.
 Montgomery: Middling, 15c. ..
The Birmingham age-herald., 1920-12-08
Chicago Futures
Cash Grain Ry Assoeiafed Press


 By Associated Press Chicago, December 7.-Wheat: No. T red, $1.9O; No. 1 hard, $l.S2G1.SS. V Corn: No. 2 mixed, 7sc; No. yellow, T12@7Sc Oats: No. ? white, 5oMG5lAc No. 5 white 49fId5olac Rye: No. , n.ss&. Barley, 75@s4c; timothy seed, s5.5O@700; clover seed, SIS OPP co; pork, nominal; lard, s15.O0; ribs, $12. .50@14,00.
 St. Louis, December 7.-Cash Wheat: No 2 red winter, s2.0S; December, I.75; March, S1n Corn, No. white, 76is@ TIC; December 76Ac: May, 777sc. Oats, No white 52iaG531Ac; No. 8, 521s@eSc; December, 52iac; May 53s4c.
 Produce
 By Associated Press Chicago, December 7.-Butter easy creamery, 35l45c. Eggs higher; firsts 71M7sc Poultry alive lower; fowls, TO 25c: springs, 24isc; turkeys. 35c. St. Louis, December 7.-Poultry; hens, 1ea2s1sc Others unchanged. Butter, 49c. Eggs unchanged.
 New York, December 7.-Butter easier firsts, 4sQ5OlEc. Eggs firm; firsts, S29sS6c.
The Birmingham age-herald., 1920-12-08
Dry Goods

New York, December 7.-Buyers, visit ing New York's dry goods markets in greater numbers, today continued to com plain of price uncertainties. Cotton goods ruled quiet; yarns easy and burlaps dull There was better inquiry for staple silk goods, but wools were quiet. Announce ment was made that large auction sale or overcoats would be held here December IA.
The Birmingham age-herald., 1920-12-08
Liverpool Cotton

T.;vernool December 7.-Cotton: Spot quiet; prices firm Good middling. 13.17d |; fully middling, 12.42d; middlng, 10.92d; low middling, s17d; good ordinary, 6.l7d; ordinary, 5.17d Sales, 5000 bales, in cluding 2,9oO American; receipts, 36,oO' bales. including 35, zoo American. Futures closed quiet and steady. December u.17d; January. 11.19d; March, 1.S2d; May, 1.35d July, 32d; October, 09d.
The Birmingham age-herald., 1920-12-08

l92O, which will become traditional so the financial authorities say, is the rec ord which has been made of maintain 1 ing for the most of the year very high money rates and of submitting to a strain which probably could not have been endured had not been for the strength, both known and lurking, 1 which is in the federal reserve banking system. But by the end of the year it is likely to be disclosed that these con- ditions have passed, or are passing, away. On the other hand, the year 1921 is likely to become traditional because of the magnitude of American finance operations. which are not occasioned by the emergencies and necessities of of $10 900, ,O00,000 to our allies, but by the needs of our own people and of the world for finance assistance.
 Bankers are inclined to the opinion that during the year an aggregate of hundreds of millions of financing for foreign governments and people will have been accomplished By the banks and the investment capital of the United States. But in addition to this the de- mand is to be very heavy for credit and financial aid which our municipalities, our industries and our railroads will ask and winch for the most part they will receive.
 WE CAN DO IT
 During the last half of the present year sufficient evidence has been fur nished of the ability of the American people to absorb for investment mill lions in securities both foreign and do- mestic.' When notes and bonds were of fered by underwriting syndicates or by banks of high character, carry such terms o.s would give an income basis of per cent, or even T. these securities were swiftly absorbed and sometimes the offerings of them have been over subscribed. In fact it has not been unusual to observe when reading ad- vertisements announcing an offering of large block of new securities, bonds or notes, on favorable terms, to discover in a postscript to the advertisement a statement that the publication is made only as a matter of record, because all of the securities were already absorbed by the banks and by the public.
 It is observed however, by those who deal in securities and by the managers of underwriting syndicates that our people are not buying haphazard, nor with speculative intent-they are buy ing for the most part of investment, but never before has such close scru- tiny been given to the terms named in the offerings of securities, especially bonds, as has been the case during the past six months.
 It is therefore presumed that while the tradition associated with the pres ent calendar year will be a history of high money rates, of severe credit strain and of general deflation, the year 1921 will hereafter become tradi- tional for our enormous financing. Some bankers say that financing of this kind may greatly aid Europe in re- ducing her national indebtedness and paper currency and in that way tren pt then her condition.
The Birmingham age-herald., 1920-12-08
Spot Cotton

By Associated Prose New Orleans, December 7.-Spot cotton quiet 25 points lower. Sales on the spot, 12 bales; to arrive, 1,451. Low middling, 10 soc; middling, 15.50c; good middling, 175Oc. Receipts, 11,20S; stock, 42S, 4a. New York, December 7.--Spot cotton quiet; middling, 16.25c.
The Birmingham age-herald., 1920-12-08
Naval Stores

I- By Associated Press
 Jacksonville, Fla, December 7.-Tur- pentine, nothing doing; 9oG9O14c. Sales, none; receipts, 47O; shipments, 425; stock, 24,506.
 Rosin. nothing doing. Saless none; re- ceipts, 1893; shipments. 1,166; stock, 1S5,- Soo. Quite: B, D, E, F, G, H, l, K, M, N. VIC, wv, s113O
The Birmingham age-herald., 1920-12-08
Prize Winners Return

Meridian, Miss, December 7.-(Spe- cial)-Stanley Walker of Dry Creek and Alton Strange of Oakland Heights, club boys from this county who won trips to the National Live Stock show at Chicago, have returned. They claim to have greatly enjoyed the trip and secured valuable information that will be of benefit in their future club work.
The Birmingham age-herald., 1920-12-08
LEGAL NOTICES
Nnficee


 Notice of sale of unredeemed pledges. Default having been made in the redemp-- tion of the following described pledges, as shown on receipt given for same. viz
 diamond Elk button; 7O516, o. F. G. F. watch; 7o520, L. c. watch, set small dia- Q; F. c, F. watch; 7O555. H. gold watch; Y watch; 7osss, 2. E; c. F: watch; 7OsoS; diamonds; 7o676, Q. r. G. F. watch 7o67s. sig. ring; 7O6S6, o. F. G. F. watch 7oe99, small diamond ring; 7o722, P. G. ring; about l 4 carats; 7OSS1, diamond ring and about x caFats; 76ss5, diamond stud; F. watch; 7O9i1. o. F. G. F. watch and chain 70923, lavalier set chips and pearls; 7o92S, Ing. watch; 70929, O. F. G. F. watch; 71O31, s. B. Stevens gun; 71O51, kodak in case; 71070. Eastman kodak; 7l123. 3s S. X ". N reyolveri 7I1S2. S2 Colts auto, 71229, 32 S. & w. special revolver; 7123O. 32 Colts special revolver; 71231, 3S Win chester rifle, 712s6, 21z gold coin ring; $. & ". special revolver; 71421. 3S $. w. special revolver; 71430, 3S N. H. 6 R. re- volyer; 71431. 25 Colts auto. revolver; 7145S, Wurliter American cornet in case; 67699, drawing set; 71465, pair pearl opera Teyoiyer; E5Soi 7i51a, s2 \. $, < W: special re. 71519, 22 Stevens rifle.
 The undersigned, as transferees, will, by virtue of power of sale contained in the contract made between pledger and pledgee concerning said pledges, sell at public auc- ton to the highest bidder for cash the above described pledges, at the front door street. Birmingham, Ala, on the 18th day of December 1920, at F o'clock noon. Ben Cooley and B. c. Gasquee props, doing business as the Electric City Loan Co December the Sth, 1920.
The Birmingham age-herald., 1920-12-08
Potato Market

By Associated Press Chicago, Decenpper 7.-Potatoes steady northern white sacked, Sl60q1.75 cwt.; Idaho russets sacked. s2 cwt
The Birmingham age-herald., 1920-12-08
Fugitive Negro Caught

Tvscaloosa. December 7-tSpecial) Will Scott, a negro. who jumped his bond and is charged with burglary. was caught this morning by Deputy Sheriff Luke Curry. He now is in jail
The Birmingham age-herald., 1920-12-08
Rice Market

New Orleans, December 1.-Rough rice; no sales; receits. 7.7s9 sacks; mill CTS receipts same. Clean rice; no sales; receipts. SAYS pockets. Bran and polish unchanged.
The Birmingham age-herald., 1920-12-08
Bv Associatel prasa

Savannah, Ga, December 7.-Turpen- tine quiet, 921zc. Sales, none; receipts 34l; shipments, none; stock 19953.
 Rosin quiet. Sales, none; receipts, 1865; shipments, none; stock, 74,0S4.
 Quote: B, D, E, F, c, II, I, K, M, N, VIC, wv, $11
The Birmingham age-herald., 1920-12-08
Liberty Bonds Ry Associafed Press
Chicago Live Stock

Chicago, December 7.-Cattle: Receipts, 12000; desirable beef steers strong to un- evenly higher, averaging fully soc above close last week.
The Birmingham age-herald., 1920-12-08

Cheese unsettled, average run, 241s425c. Live poultry steady; fowls, 23427c; tur- keys. 35440c. Dressed firmer western broilers, 2S@42c; turkeys, fresh, western. 44Q51c, Culls, 30d35c
The Birmingham age-herald., 1920-12-08
New York Bonds up n

T.. S. 2s registered, bid ....... 100 |. S. 2, coupon, bid ....,....... 100 |. s. As. registered. bid ........ 104
 U. s. As, coupon, bid .......... 104 Panama 3s, registered. ofd. .... v Panama 3s, coupon, ofd. ....... 79