davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1920-07-20
WEATHER REPORT IS CAUSE OF SHARP.
 UPTURN IN COTTON.
Fall River Cotton Mills Re- port Curtailment to Begin This Week, Which Af-
 fects the Market
By Associated Pre-.

York, July 19.-The cotton market t a very strong upturn today as " res'N of unfavorable weather re- i.Ss, new high levels for the
 # the late positions and showing at one Nqe advances of 70 to sy points over the ee>. of san,.aa, 1,,,,- contracts. in face of NS.n., . ~ Norfolk for delivery ass @' ~ 'A's U io'' ton en route from Galvea,'se eo' '' VI oo'- purpose. showed even g. Tor the same and closed at net advancSsr s strehstn Liverpool. Wall street and N DO points as well as Japanese interests% orieans' mission houses, were all good bJN Soin- com ing the day, the volume of outsA uul being larger than at any time in A Aaoe weeks. NJ
 The opening was firm at a net adv5A of ? to 46 points, following a stronsN upturn in the Liverpool market, whicl was attributed to weakness in sterln; exchange. and the rain news from this side. while October reactions took plac, during the day. the market at no tim, showing any real weakness, as privat, crop advices and the weather news wer, too bullish throughout the session tt permit of any aggressive bear activity Not only was the spread of boil weevi pro noted by the rains, which extended quite generally through the belt, bu particularly in the central and easterr sections, but a number of private ad vices called attention to the increase oi grassy fields as the result of excessive rains.
 Reports that a number of Fall Rivei cotton mills will begin curtailing pro- duction this week and the possibility of 8 big railway strike until the award ol the labor board is satisfactory to tho men failed to exert much influence.
The Birmingham age-herald., 1920-07-20


 New York, July 19.-The market for cof- fee futures had heavy opening at decline of 15 to % points, later in the day breaking to the lowest levels since the war, September reaching 11.20c, Decem- Der Il .30c and March Il SIC Very weak cables from Brazil, accompanied by re- ports of firm offers at the lowest point yot touched. inspired heavy liquidation and short selling, part of which was ab- sorbed by Wall street interests There semed to be no buying, however, from Europe, and it was understood that good deal of coffee is coming to mer- chants here which was bought at much higher levels, and for which very ht- tie demand exists today, the spot market here being heavy with Rio Is quoted 1SA1i3l4c and Santos 4s at ls4a2O,4c santos 4s were offered here at l614c, American credit. which was the lowest price of the season, The market closed heavy at 32 points net decline, Closing bid July. 12 25c: September. l221c; De- cenber, Il Soc; March, 1.S6c; May. Il 4oc
 Tue. early cable from Brazil reported decline of 50 reis in the Rio market. with santos futures 75 to 200 reis lower, and srots unouoted Later special cable from Santos reported the market there unchanged to a decline of 300 reis. Re- ceipts at the two Brazilian ports, 2.0VO Jundiahy receipts, lS,0Oo.
The Birmingham age-herald., 1920-07-20
BULLISH CANADIAN 2 REPORTS CAUSES A
 SHARP ADVANCE
Corn, Oats and Provisions All Take An Upward Slant In the
 Chicago Pit
Ry AssnniataA pr...

Chicago, July 1s.-Bullish crop re- ports from both sides of the Canadian boundary led to a sharp advance to- day in the price of wheat. The market closed strong, s1a csc net higher. with December s2.59h and March $2.65.
 Corn sgained 2% @3lAc. Oats. 4@ Bc, and provisions 2hs Q5Oc.
 Wheat finished at the topmost level of the day, in decided contrast with weakness, which characterized the opening. The bearish factors early in cluded free selling of new wheat by the southwest. Besides, first reports wrote optimistic regarding chances that olack rust damage would not be serious. Later, however, numerous dispatches came from Minnesota and elsewhere indicating that despite re- cent favorable weather. heavy damage was developing. Advices of drouth and excessive heat in Saskatchewan were also made much of by the bulls, to- gether with gossip that brisk export business in wheat was going on with the country selling some direct at s2.9s track, New York. big elevator con cern here was conspicuous in the late buying.
 Possibility of railroad strike did a. good deal to strengthen the corn market and oats as we'll Talk was \urrent, too, that in any event receipts . corn would soon be light.
 Arovisions advanced in sympathy
 V4Nogs and grain.
The Birmingham age-herald., 1920-07-20

tai and of bansing capital so to aug ment their strensth through co-opera- tion and consolidSsion as to make it the easier to aid Anisriean business life in financing it's unG~rtakings which are to be very large ane also to aid in maintaining our foreign wade.
 Great Britain has alreasv made if clear that there is reeognitsn of the need of mergers, large iners>ses of banking capital. and of compNNe CO., operation, for in that way British Sade may be encouraged and possibly Gret Britain may regain her world-wie> commercial supremacy.
 Just at the moment when these so- called Morgan institutions are prepar- ing for merger which will greatly increase their financial strength and their ability to aid American business life, the National City bank has made announcement through it's president, Mir Stillman. of a proposed increase of capital stock so that instead of $2o,- 0o0.Oo as it now is the capital will be $40 000 900. Sometime in August the shareholders will meet to decide whether or not to approve of this in crease in capital stock. The increase will be 150, 900 shares, and the fortu- nate shareholders will receive this new stock at s125 a share.
 This contemplated increase of the financial strength of an institution which is now the strongest of Ameri- can banks, and one of the greatest in the world. was not planned for the purpose of enabling share holders to make large gains through the increase of stock, but. chiefly for the pur- pose of making it possible for the institution to meet the demands which will be made upon it by American business interests and especially the vital necessity of financing domestic and foreign trade. and very likely to participate in loans to other parties
 So in these two contemplated in creases in financial strength may be discovered the purpose of American bankers so to fortify themselves as to give reasonable aid to American in- dustry and commerce. The intimation is clear that these institutions look forward to very heavy demands for the means whereby our foreign trade can be maintained and increased. The ;rstitutions are doing in this way ex- actly what the great banks of London are seeking to accomplish, and which they are now accomplishing by means of mergers. combinations, financial CO., operation and increased capital stock, which have been so striking feature of the financial life of Great Britain since the European war closed.
The Birmingham age-herald., 1920-07-20
LABOR OUTLOOK IS RESPONSIBLE FOR
 RATHER DULL DAY
Demand Loans Dropped From Nine to Eight Per Cent In the Last
 Hour
By Associated Press

New York, July 19.-The shadow of further labor difficulties hung over the stock market today reports from Chicago and other railroad terminals indicating that the unions would pro : ably protest against the wage in crease award of the railway Ia abor board
 Mexican affairs also presented less favorable aspects and the various oil shares with concessions in that coun- try were under frequent pressure, af- fecting sympathetically numerous kindred issues, including motors and their accessories.
 Financial conditions were less acute, last weeks exhibits of the local fed eral reserve bank and the clearing house association offering ground for the belief that the credit situation at this center is tending towards ease.
 This was borne out by the days movement of demand loans which opened at per cent. but relaxed to 5 points in the last hour, when the mar ket. especially in standard industrials rallied substantially.
 The outstanding feature of the trad $ was the~ absolute aloofness of public international or support of any kind save that vouchsafed by pools and cliques in selected issues.
 Final prices were irregular, a few favorites such as Crucible and Strom- berg showing net gains.
 Heavy selling of remittances to Lon don effected further depreciation of cable and demand bills. the latter fall ing to $3.S3, with concurrent reaction on the Paris rate and other continental exchanges, including marks.
 Bonds were dull and mainly lower that tone characterizing the Liberty group. also rails and industrials the one noteworthy exception being the new Armour per cent, which were considerably above the recent sub scription price. Total sales (par value) aggregated sS,35o,O00. Old United States bonds were unchanged on call
The Birmingham age-herald., 1920-07-20
Sugar Market h. aiaAaA Rsass


 New York, July 19.--The local mar ket for raw sugar was easier and prices were A c lower under increasing offerings. particularly from Porto Rico. There were sales of 10000 bags of Porto Rico's prompt shipment to a local refiner at 1S.06c for centrifugal and while there were no sales of Cubas reporsco, it was believed that 17c if bid would result in business, which is equal to 1S.o6c for centrifugal, or the same price as paid for the Porto Ricos. There were also sales of $50 tons of British West India sugar prompt shipment from London to New York at 16%c if over the holiday there were arrivals here of 5000 tons of cut sugar from Hamburg. The mar ket for refined sugar was unchanged at 22422.50c for fine granulated, with three refiners still out of the market.
 The weakness in raw caused consid- erable liquidation in sugar prices, par ticularly in the near position, and clos ing prices were 10 to 26 points net lower, while the later deliveries were comparatively steady and closed at de- clines of only points
The Birmingham age-herald., 1920-07-20
Daily Financial Gossip
By HOLLAND

New York, July 19.-(speeiaL)- Commenting this morning upon the latest of the contemplated bank mer- gers and also the proposed large in- crease in capital stock of the foremost American national bank, man who has had the experience of many years in the financial district sad: These are interesting and highly suggestive plans. Nevertheless we are still in fants in comparison with London, so far as the merging of banks and the increasing of bank capital are con- cerned, although we are beginning to catch up."
 It has often been spoken of as all most inevitable that there should come a merger of the Bankers Trust insti- tuition and the Liberty National bank. Yet when Henry P. Dawson conceived of an organization to be known as the Bankers Trust he could not have fore cast the growth of that organization and it's ultimate merger with one of the national banks with which MT. Da- vison was himself at one time asso- ciated From a comparatively incon- spicuous beginning the Bankers Trust has become the second largest institu- ton of this kind in the United States It's capital is $2O e0O000 it's surplus and profits are approximately s1S,000 900, and it's net deposits. s2s2,000,000.
 The growth of this institution was phenomenal so that it is now said that MT Davison builded wiser than he knew when he first suggested to his banking friends that they organize a trust institution.
 On the other hand. the Liberty Ma tional bank, with which Mir. Davison was identified prominently at one time, has also gained strength so that now it's capital is $5,000.000 and it's surplus $7.000,0o0 and little more, with net deposits of sS2,00o,000.
 These figures in themselves suggest the financial strength which the com bined institution will possess. Both of them are of strong and intimate family association. They are some times spoken of as reflecting the in- fluence of J. F. Morgan 6 Co. in Amer ican banking life And while this is true it is not the whole truth for other strong influences are associated with the institution
 Reading between the lines it is possi- ble for any one of experience to get at the meaning which lies behind the pro- posed merger of these institutions. And it is from this point of view that American business and industrial life is sure to look upon the merger with especial interest and qualification. For it reflects the purpose of men of capi-
The Birmingham age-herald., 1920-07-20
Liberty Bonds
Money Market
 By Associated Press

New York, July 19,-Mercantile pa per. "A e IS per cent. Exchange heavy. Sterling 60-day bills. ss7Sss; conner ciai 60-day bills on banks. $3.7Sas ; commercial 60-day bills. ss.7SA; dc mand. s3S3 M; cables. $3.S4. Francs. demand, s.23; cables, S.25. Belgian francs, demand, S.15. cables, SIT. Guil- ders. demand, 3i.75; cables. 34.77. Lire. demand. 5.S6; cables. 5.SS Marks. de- mand. 2.56; cables 2.57 New York ex- change. on Montreal, 1eA per cent dis count Government bonds regular; railroad bonds steady Time loans strong; 50 days, 90 days and six months. sia per cent. Bar silver. do- nestle, s91sc; foreign, sS.Ac; Mexican dollars, STAG.
The Birmingham age-herald., 1920-07-20
Cotton Seed Oil

New York, July 19-Cotton seed oil advanced over F cent pound by mid day on urgent demand from shorts, in spired by the bullish showing in lard and other commodity markets. Offer ings increased toward the close, how ever. and setback followed. Lead ing deliveries. closed 15 to 45 points net higher. Sales. 21,0o0 barrels. Prime crude nominal; prime summer yellow, spot, 1885 @14c; July 134oc: Septem- Der, 13.35c; December. 1335c all bid. Prime winter yellow and summer white nominal.
The Birmingham age-herald., 1920-07-20
Port Movement

New Orleans: Middling. Ss.75c; re- ceipts, 1,999; sales, 13s; stock. 254.747. Galveston; Middlins. ss.5Oc; receipts, 372; sales 769; stock, 1i4,43i.
 Mobile Middling, s9.50c; stock l,2e2 Savannah: Middling, Ale; receipts. 4l6 sales, 132; stock, eS,S32.
 Charleston; Middling. 4o.50c; receipts fl, stock, 24O.645.
 Wilmington: Middling. ssc; stock, 35.- S15
 Texas City: Receipts. es; stock, 25,1s9 Norfolk Middling. 4050c; receipts. 455 sales. 197; stock. 32.037.
 Baltimore Stock, 6.1z.
 Boston: Middling 42.25c; receipts. 7S; stock 6G0O
 Philadelphia: Middling. G.5oc; stock, 1929.
 New York; Middlng, R.25 receipts, 21s; exports, 800. stock, 32 3s3
 Minor ports: Stock. 4,S29
 Total today: Receipts, 2,940; exports 500. stock, 826,576.
 Total for week: Receipts, 5,si; ex- ports, 22 .5s6.
 Total for season. Receipts, 7i7s.2eo exports. e?s5 7oS.
The Birmingham age-herald., 1920-07-20
Cotton Seed Products
By Associated Press

Washington. July l9.--The cottonseed and the cottonseed products report for June 90, announced today by the census bureau, shows:
 Products manufactured: Crude oil, 12o7579,9S1 pounds. refined oil. 966,10a, 259 pounds; cake and meal. iSf2, l5S tons; lmters. 6o9, ,2e9 bales.
 Stocks June 90: Seed Cat plants), 3iss2 tons; crude oil, i5.5O6.6Ss pounds; refined oil, 226,06962S pounds cake and meal, l76,S52 tons; linters. 2t2,29i bales.
 Exports: oil, E.755.372 pounds: cake and meal, 210,s'l tons; linters, 49.546 bales.
The Birmingham age-herald., 1920-07-20
MARINE NEWS

Port Eads. July 19. = Arrived Bayway, New York; Coahoma County, Genoa Korsfjord (Norway), Mexico {; Manx Isles (Br), Cuba; Metapau Bocas Del Toro; Norma, Tela; Tegucipalpa tHond), Ceiba; Williams Isom, Mid dlesborough; Yuma, Frontera
 Sailed Axchenburg (Br) London. via Pensacola; Coahuila (Mcxico). Tampieo; Copename. Port Barrios, El- lis Norway) Tela; Lake Caustoga, Mobile; Northern (Br) Chersborough; Petroleine (Br). Marseilles and Cette, via Norfolk; Raeburn (Br) Antwerp.
 Mobile, July 19.-Arrived ,Oranian (Br) Tampico; Delmira (Br), Cuba: Lake Calistoga, New Orleans.
 Sailed Schooner Susan B., Porto Rico.
The Birmingham age-herald., 1920-07-20
Metal Market

New York, July 1s.-Copper steady; electroiytc spot and third quarter. l9c. Iron steady; No. 1 northern, 4s149c; No. northern, 45@4sc No southern. 4s0s 'ic Tin steady; spot. July and August. Gc Antimony s1s71s. Lead quiet: spot, B Zine steady; East St Louis delivery. spot, s7.75nS.
 At London: Spot copper. eso IS Cd wutures, e92 17s 1sd electrolytic, spot. CLOG; futures. Ill. Tin, spot. eass i5s: futures, GZ1S IS. Lead. spot. E3i 5s: futures. c35 i5s Zinc, spot, e4l f0s; fu- lures. f4s 5s.
The Birmingham age-herald., 1920-07-20
Hubbard Bros. & Go.

York Members New York Cotton Excaanes Produce Exchange. Associated Members Li7. erpool Cotton Association Orders solicited for the purchase and sale of Cotton and Cotton Seed oil for future delivery. Special attention and l.Neral terms given for con- signment of spot cotton for delivery. Cor
The Birmingham age-herald., 1920-07-20
By Associated Press

Jacksonville, Fla, July 17.--Turpen- tine firm, 1.421a @1.40; sales. 219; re- ceipts, 1,17t shipments. 945; stock S,6S6.
 Rosin firm; sales, 1.255; receipts. 3667; shipments, 2,s1o; stock, 5.s17.
 Quote: B 11.50; D, F., F. G, H. I, M. N, Wg, Wv, 1510
The Birmingham age-herald., 1920-07-20
Naval Stores

Savannah. Ga, July 19.-Turpentine firm; 1.50A sales, 779; receipts. 414; shipments, 737; stock, 9,o56
 Rosin firm; sales 1,411: receipts 1,1S9; shipments, 2.666; stock 34.370
 Quote: 11.50 K 14.S5G15 Wv 149o @15.
The Birmingham age-herald., 1920-07-20
Spot Cotton Q. A<<asiatea prass

New Orleans July 19.-Spot cotton quiet, 25c up Sales on the spot, 1S6 bales; to arrive. none. Low middlng 23 75c midding, 39.I5c; good middling 4ss. 775c. Receipts, l.1s9, stock. 254.747.
 New York. July 19-Cotton: Spot steady; middling, 42.25
The Birmingham age-herald., 1920-07-20
K Chicago Futures ,s ABy Associated Press
Cash Graiu Ry Aesoaiatar -ra..


 Chicago, July 19.-Cash wheat: No. red, g SO; No. hard. s2.S7; No. hard s S5; No. hard, s2,S2 Corn: No. mixed, s1 .53 3isdf .54; No. s yellow, $l 54a .55 Oats: No white, 9611993c; No. white 93daSc. Rye: No. 2. 221am23c. Bar ley, S1 .17G91. 9. Timothy seed, SlOml2 Glover seed, $25m35, Pork nominal. Lard SIS. 95; ribs, SIS .50a16 50.
 St. Louis. July 19.-Cash wheat: Red winter, $2. .7s02. 70; No. red winter. s277n 2.79; December, so. GOA; March, s2.s3 bid Germ No ? white, S1.6i September, $l .531: 5Sss; December, $1. 4oas. Oats: No. white, 9lG9l1Ac; No. white 91@9l1sc.
The Birmingham age-herald., 1920-07-20
Interior Movement

Houston: Middling, s, 25c: receipts, ss5: shipments. a2s: sales. e,s1s stock, 9s.1T.
 MSrnahis: Middling. 3s.50c receipts, 2,sio: shipments S.20e; sales, 45o stock. 2s9. .713.
 Augusta Middling. Ac: receipts. lse i; shipments 463; sales. F: stock ss.754.
 St Louis: Middling. 3s5oc: receipts. c25: shipments. s25: stock. 1so4s
 Little Rock: Middling, as.50c; stock, l6,91S
 Total today: Receipts, s,sss; shipments, 5,377; stock, s1364s.
The Birmingham age-herald., 1920-07-20
London Money
By A-.oelated Pres,

London. July 1a.-Bar silver. 52d per ounce. Money, 5 per cent. Discount rates: Short bills. 6 per cent, three months bills. 6ss per cent
The Birmingham age-herald., 1920-07-20

By Associated Press
 Chicago, July 19.-Butter firm creamery, 44@b2c. Eggs unsettled firsts. 43644c. Poultry, alive, unset tied. fowls, 32c; springs, 32c.
 New York, July 19.--Butter firm; creamery firsts. 5s@5s1sc. Eggs firm, fresh gathered firsts, 46@4Shc. Cheese irregular. e6@27c. Live poultry dull, no quotations. Dressed steady; broil- CTS, 55160c; chickens, 40@4Sc. Tur- keys. 50@ 6oc.
 St Louis, July 19.--Poultry hens. Sic. springs. 37@49c. Turkeys. 44c; ducks 21@ 23c; geese 14c. Butter, creamery. 56e. Eggs Ssc.
The Birmingham age-herald., 1920-07-20
New Orleans Futures

New Orleans. July 19.-The cotton market closed steady ct net advances of to 27 points.
The Birmingham age-herald., 1920-07-20

The only item of livestock in Ger many which increased during the war is-goats Germany today has 3000.- 900 goats, 10 per cent more than in 1914 Goat milk is being very largely used as completely satisfactory sub stitute for cows milk.
The Birmingham age-herald., 1920-07-20
Dry Goods By Associates Press

New York. July 19.-Cotton goods were quiet. January prices on plain and dress ginghams have been con- tinued into the spring season. Yarns ruled quiet and easy. Silks were dull and burlaps quiet.
The Birmingham age-herald., 1920-07-20
Liverpool Cotton

Liverpool, Juy is~spot cotton quiet and steady; prices higher Good mid ding, g sd; fully middling. 2 Sd; mid ding, 27. 42d; low midding, ? ssd. good or dinary, 20. 43d; ordinary, le43d. Saies s0oo bales, including 1900 American. Re. ceipts. s.ooo bales, including HOO Amer. can Futures closed steady. July. D sud. October. 2 god: January. 2 .45d: March, 21 3ld; May. 21.15d.
The Birmingham age-herald., 1920-07-20
Rice Market

BY NssocIateu FT6ss
 New Orleans. July 19.-Rough rice no sales; receipts 600 sacks, millers receipts same; clean rice steady; sales 6ss @9A.
The Birmingham age-herald., 1920-07-20
Potato Market 
Produce Market

Chicago, July 19.-Potatoes weak Virginia, s11.72@12.25; Kentucky. s7.
The Birmingham age-herald., 1920-07-20
Shot Coffee

Lambs .s15 00q Is. D sheen 7.to
The Birmingham age-herald., 1920-07-20
Coffee Market

New York, July 19.-Spot coffee, E 1-16c.
New-York tribune., 1920-03-07
Calennar for tbe Current Week

Hail. recital Reinald Wnrath; S:15
by Aeoian Hail. 3
Symphony Society," Hppodome, concert by
Sde; M
Ax
recital by Bguslaw City College, free
Samuel Baldwin; Brooklyn Academy of Music 5
by the Philharmonic Society
MONDAYAeoan recital violoncelo Nj
chamber Elshuo Trio; Car
Hebrew Settlement Metropolitan
"LElis Theater
(and all week. English "Ruddigore"
TUEsDAY-Aeoian Hail. recital by Beatrice MCue s5
chamber music Hail.
p Philadelphia
n, "Parsia"
English; Aeoan Hail. recital by Franklin Riker; Car
freeorg
"LOiseau Bleu"; Italian LA del
the Philharmonic Society; Hall, p
song Academy of Music
the brass instruments
FRIDAYMtropoln House
Society,"
m, recital Cottow
Charles Thomas Hotel
SATURDAYcarnegie Hail. piano Hofmann;
Aeolian Hall, recital by Nine
recital by Nora Power
"Cavalea
at popular
School, s:15 chamber
concert OF the Symphony Society with Bm Ballet
New-York tribune., 1920-03-07
All the Metropolitan

"The Blue Bird" will be given at
special popular price matinee on Thurs
day afternoon at the Metropolitan
Opera House, with Thomas Chalmers
singing the role OF the dog Tylo for
the first time. Otherwise the cast will
be as usual
Other operas of the week will be:
"L'Elisir d'Amore" tomorrow eve
ming. with Mines. Barrientos and
Sparkes and Messrs. Caruso, de Luca
and Didur.
"Parsifal" Wednesday evening (com-
mencing at 1880 o'clock. with Nine.
Matzenauer and Messrs. Harold, White
hill, Rothier and Didur.
La Forza del Destino" Thursday
evening with Mines. Ponselle and
Messrs. Caruso, Amato, Mardones and
Chalmers.
Carmen" on Friday evening, with
Mines. Farrar, Sundelius, Mellish and
Berat and Messrs, Martinelii, Werren-
rath and de Seguro'a.
"Cavalleria Rusticana" and lie Coo
dor" as double bill will be the weeks
Saturday matinee bill. The former sung
by Mines. Muzio, Perrin and Mattfeld
and Msssrs. Crimi and Chalmers, Mr.
Moranzoni conducting. "Le Cog dor"
will be sung by Mines. Barrientos. sun
delius and Berat and Messrs. Diaz.
Zanelli, Audisio. and mined by Misses
CALI and Rudolph and Messrs. Bolrn.
Bonfiglio, Bartik and Agnini. Mr.. Bam-
bosche ek will conduct
"Madama Butterfly" will be the pop
ular price performance on Saturday
evening, when it will be sung bv Nine.
Easton and Nessrs. Martinelli and de
Laca