davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1920-04-23
BULL|SH REPORTS
 RALLIED COTTON
 ID MARKED DEGREE
General List Closed Barely Steady at a Net Decline of Twenty-Five to
 Forty-five Points
By A,,ool.t,d Pres.

New York, April 22.-After an early decline the cotton market rallied sharply on bullish reports from the sit uation and unfavorable weather fore
 casts. with October selling up from Is4.75c to s5.S0c, or 70 points net higher. This advance of about 100 to no points
 from the tow level of the morning was
 not fully maintained, however. owing
 to renewal of Wall street liquidation
 late in the afternoon, and October closed at S5.44c. The general list closed
 barely steady at a net advance of 25 to
 45 points.
 There was renewal of yesterdays
 selling movement at the start, which
 was doubtless stimulated by lower
 sterling exchange and the continued nervousness of the stock market. The
 opening was steady at a decline of 10
 to 25 points, and active months soon
 showed net losses of 35 to 55 points,
 with July selling at ss.0s. andNDecem-
 Der St 3S70c. In the case of October contracts, this made a decline of 250 points from the high level of Monday
 morning, which was evidently suffi- rient to attract good deal of covering. There was also trade buying with the demand becoming more active and gen eral during the middle of tn eday, owing to reports of better Japanese condi- tions and the forecast for showers in the eastern belt and clear weather with low temperatures in the west. Reports that southern spot holders were with drawing cotton from the market on de- clines and later advices claiming thai some spot demand was developing in the Carolinas served to stimulate GOV. ering. with July selling up to 39.17C and December to 34S0c during the mid dle of the afternoon, or about 40 to 7S points net higher on the general list Increased offerings, attributed chiefly to Wall street houses, were then en- countered and the close showed reac- tions of 10 to 36 points from the best Private cables reported continental sell l ing in Liverpool early followed by ral- l lies on buying against the decline ir exchange Liverpool was a seller here early. Port receipts today, 2i,537 United States port stocks. 1,227.s25; ex- ports, 24,347, making 5,469,663 so fal this season.
The Birmingham age-herald., 1920-04-23
BUYERS READY TO- TAKE CORN OFFERED;
 MARKET STRONGER
Oats Showed Independent Power to Rally, While Late Reports
 Bolster Up Corn
RY As,ooIated Pre,s


 Chicago, April 22.-Although the corn market fluctuated wildly today. plenty of buyers seemed to have regained boise in regard to financial conditions. The et- feet was to bring about quick rallies from every serious new break in corn aus Closing quotations, however were unsettled, ranging from 13sc net de cline to 1c advance, with May N.Vo1s to s1 .66ss and July $i.5S& to S159-
 At the outset the corn trade was con fronted with big accumulation Of over night selling orders and with reneWal of weakness in the New York stock mar ket During the consequent tumult, when business began in the corn pit, an eN- treme fall of six cents bushel LOOK place with simultaneous dealings tuliS three cents apart among different sets of brokers. It soon grew apparent, how ever, that there was to be no furtner stampede and that many commlssloil houses had turned to the buying side.
 This was especially the case after gos- sin became current that EuropeaA de- mand for wheat and rye showed excei- lent volume Late upturns in Wall street quotations also helped to give relative strength to the corn market toward the end of the day. Oats showed considerable independent mower to rally This was attributed to ladvices that seeding in some important sections was three weeks late
The Birmingham age-herald., 1920-04-23
New York Futures
New Orleans Cotton

New Orleans April 22.---A buying movement that was wholly unex- pected made it's appearance in cot ton today and a prolonged rise in prices resulted during the course of which much of the short cotton put out on the breaks of yesterday was covered
 The market held it's firmness until late in the session when July traded up to 3S.96 and the active months were 72 to 26 points higher than the final prices of yesterday. The close was at net gains for the session of 39 to 61 points Anxiety over continued droughty conditions in Texas and Ok lahoma and the forecast of showers for the eastern half of the belt generally, which division of the belt has long suffered from excessive moisture were at least, the surface reasons for the advance.
 The opening gave no hint of the strength to come later and after the opening the market was irregular, some months being at slight gains and others at slight losses. In the very early trading the strongest months were to points up after which the list broke to levels of 3s to 42 points under the close of yes terday. July landing at 377O, but just when it seemed likely that another performance along the lines of yester- days slump might be staged. a good demand sprang up and from then on until almost the close the ring had difficulty in filling the demand Just on the close early buyers took profits and furnished more liberal supply of cotton, which caused a slight re- cession from the topmost levels.
The Birmingham age-herald., 1920-04-23
Coffee Market

New York, April 22.-The market Tor coffee futures was lower again today owing to further scattering liquidation which was attributed 10 the decline in sterling exchange and the unset tied tone of the early markets for stocks and cotton. After opening to .7 points lower, active months sold about to 10 points below last nights closing figures, May touching 145Oc and September 1462c.
 Offerings became lighter around these figures, however, and prices ruled steadier late in the afternoon, with some months showing slight rallies from the lowest. May closed at 1452c and September at 14.62c, with the general list showing net decline of to points, Closing bids: May, 1452c. July, 14.9oc; September. 14.s2c; October, 1461c; December, 14.5Sc; January, 1457c; March, 14.54c.
The Birmingham age-herald., 1920-04-23
SHORT INTERESTS PARTIALLY BLOCKED
 ON N. Y. EXCHANGE
Believed Recent Violent Re- versals Was for Purpose of Wedding Out of the
 Weddings
By A,,oeI.t.d prsn

New York, April 22.-The stock market recovered today much Of the ground lost during yesterdays demor- alized trading. despite the concerted . effort of an emboldened short inter est to effect further shrinkase oi quoted values
 The net result of today's operations strengthened the belief prevalent iH many quarters that yesterdays violent reversaf had for it's main object the wedding out of weakened speculatiNe accounts.
 Prices were lower in the first hour after an irregular opening niany popular issues extending yesteruay losses, but at midday the rally began continuing with little interruption 10 the end. actual gains extending from 3 to 20 points.
 Assurances received overnight from banking interests that local monetary conditions were fundamentally sound were borne out by the easy rate TOT call loans, which ruled at per cent throughout the session. Time money quotations held steady. but there were no indications that an advance of in- terest or discount rates is contem- plated.
 Stocks that suffered greatest depre- citation yesterday were among the first to recover, General Motors. CrucibIe Steel and affiliated issues. as well as oils, equipments, textiles and the food group being most conspicuous at the firm close.
 Foreign exchange was not factor in the days improvement, the rate on London reacting again, with concur rent reversals in remittances to com | tinental Europe. Reports of further gold exports to South America and maybe Japan lacked confirmation.
 New low records were made by lib- erty bonds, first As and first 4As breaking and 2.40 per cent, respect ively. though hardening slightly with other issues at the close. Total sales, par value. aggregated $22, ,375, ,000
 Old United States bonds were un- changed on call.
The Birmingham age-herald., 1920-04-23
Port Movement


 New Orleans: Middling, 41.5oc; receipts. s,eo0; exports, e327 sales, 2,07o; stock. 5s1 .seo.
 Galveston: Middling. 42 5ee; receipts, 2.Gos; exports 57s9; sales. 1.055; stock, 2s5,- 757.
 Mobile: Middling. 41c; receipts. is4; stock, T.234.
 Savannah. Middlins. 1.7sc; receipth. 1.953. stock, 142l3s- Charleston: Middling, 4o.50c; receipts. 6S0; stock, 227 .a33. Wilmington Middling. 4oc receipts, Al; stock, 55.5i4 Texas City Exports. s.44s; stock. 57,2is Norfolk Mddling, 0c; receipts. 2s7 stock, 72.lS.
 Baltimore: Stock, 5,8Oe
 Boston: Midding. l.75c; receipts. 1ss; stock, 5,200.
 Philadelphia. MiddIing. 42c; stock, 5,s59 New York: Middling. fl .75c: stock. ss.- sss.
 Minor Ports: Receipts. 5.74s; exports. 6,sS2; stock. 14s27.
 Total today: Receipts, ls.47s exports. z, III; stock, 1.227, ,f9l.
 Total for week: Receipts. 1os. 427; ex- Total for season: Receipts. 6,533,27 ex- ports. 5.47s.s27
 Interior Movement Houston: Middling. 42c: receipts, 3.3a6: shipments 2.s14: sales, 1.72s; stock. 2s4.- 329
 Memphis: MiddIins, 42c; receipts. 5,o27: shipments, 4.344; sales, 60; stock. 332 1o4. Augusta: Middling, 41c; receipts. 7s5; shipments. 1.4s3: sales 21s; stock. 1io070. St. Louis: Middling, H.50c; shipments. s. stock. f5.573.
 Little Rock: Middling, 42.25c receipts. 100: shipments, 15s; sales, 15s; stock. 3o13s. ' Total today: Receipts. 10.l9s: shipments. ,723: stock. 7se,4b-
 Liverpool Futures Dy Asseelsts6 Prsss Liverpool, April s2.-cotton. spot duil pricef easier. Good middling. 2Is2d;
The Birmingham age-herald., 1920-04-23
Metal Market

New York, April 22--Copper dull electrolytic spot and nearby 1S%@ 1914; May. June and July 19N Iron firm and unchanged.
 Tin spot 62.00 April to July 6100
 Anthony 10.62; metal exchange quotes lead quiet; spot 800; May s.75; zinc weak; East St. Louis spot 7.45@ 7.s6; at London, standard copper spot 100 pounds 12 s. Sd; futures 103 pounds Is. Sd; electrolytic spot 11o pounds; fu- lures 112 pounds; tin spot 346 pounds 5s; futures s43 pounds; 15s. Lead spot 39 pounds 15si futures Al pounds los :; zinc spot 45 pounds 1os; futures 47 pounds 5s.
The Birmingham age-herald., 1920-04-23
Liberty Bonds
 By Assoclated Preaa
Money Market
 Qv Assnrtofsd prsss

New York, April 22.-Mercantile paper. 6sQ7 per cent. Exchange weak; sterling 60-day bills. 3.s3%; commercial 60-day bills on banks. 3.S3A commercial 60-day bills, 3.S3i4; demand, 3S8A; demand, 3.8SA cables, 3.ss. Francs, demand, 1852; cables. 1850. Belgian francs demand, 1852; cables, 1550. Builders, demand, 36as; cables, 364. Lire. demand, 2262; cables. 22.60. Marks, demand, 1.61; cables, 162. Government bonds weak; railroad bonds heavy.
 Time loans strong; So days. 90 days and six months, S1a.
 Bar silver. i16s4 Mexican dollars, ss :.
 Call money stead; ruling rate. per cent Bank acceptances, 6 per cent.
The Birmingham age-herald., 1920-04-23
Dry Goods Market

New York, April 2z.-Cotton goods markets today were quieter with some print cloths prices softer. Yarns were steady and raw silk easy. Burlaps were firm at Calcutta and easier here. Furs were sold at lower prices at auc- tion.
The Birmingham age-herald., 1920-04-23
THE DAY IN WALL STREET
Street More Mystfed Than Ever Over Wednesdays De cline-Corn Products Expected to Show Record Earnings-Scare Thrown Into Shots
 in Chandler Motor

stock. Earnings of the company for the first quarter of 1920 are esti- mated at S2.500,000, or at the rate Of Si0.0l900o a year This would be equi- Valent to nearly $4S a share on the present capitalization of 2l.O00 shares, and better than S35 share on the basis of 2S5, 900 shares if a stock divi- dend of S31-3 per cent is declared. It was announced that the company shipped 1878 ears in the three months ended March % and that for the week ended April F 544 cars left the fac tories.
 The statement of Baron Takahashi, Japanese minister of finance, given to the Tribune by Japan's financial rep resentative in this country. that there is neither reason nor neces- sity for importing goods from the United States, was read with much interest in Wall street today by those who have been fearful that Japan would draw down her huge credit bal ance in the United States. The bear clique has been making much of this possible gold withdrawal story, and when it read whatuwas tantamount to denial of the rumors which have .been current since the news of Jap ans financial disturbances have been coming through, 1t apparently thought it time to take in a considerable part of the stock previously sold in antici- patton of 8 decline. Japan is known to have credit balances m and New York in excess of s550, GOO, 900, and if a considerable portion Of this total were withdrawn it would seriously affect the credit situation both here and in England.
 Much Of the recent selling that has come into Sinclair Consolidated is said , to have been based on the assumption that the new financing operation will place the present stock in a relatively worse position than before 1t was known that a preferred stock issue was to be created into which the s50,00o,0OO notes are convertible. h. terests of the company deny that this is the case, and state that with the new refining capacity to be created the company's earnings in 1920 will reach $200Oo,000 and probably $50000 GOO in 1921. Announcement was made yesterday that the company has con tracted to sell 100000 barrels of oil to the Standard Oil Company of In- diana, deliveries to be made through the Sinclair pipe line to East Chi cago.
The Birmingham age-herald., 1920-04-23
Rice Market

By Associated rrcss 70 New Orleans, April 2.-Rough rice' ho sales; receipts, 4295 sacks millers re. ceipts same Clean rice strong; safes Honduras, 116i pockets, g to 1sAc; blue
The Birmingham age-herald., 1920-04-23
Hubbard Bros. & Co.

Cotton Merchants. Hanover Square. New York Members New York Cotton Exchange New Orleans Cotton Exchange. New York Produce Exchange. Associated Members Liv- erpooI 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 com siRnment of spot cotton for delivery. Cor .respondence invited.
The Birmingham age-herald., 1920-04-23
Spot Cotton

By Associated Press New Orleans April 22--Spot cotton steady and unchanged. Sales on the spot 1.2s6 bales; to arrive s04. Low middling 33.00: middling 41.50: good middling 45.0o; receipts h.soo; stock 3s1.s90.
 New York. April 22.-Spot cotton quiet: middling 41.75.
The Birmingham age-herald., 1920-04-23

fully middling, 2s.s2d; middling, 25.92d; low middling, 22.62d; good ordinary. 19.42d; ordinary 1S.42d. Sales, 5000 bales, including 2200 American. Re- ceipts, 14,000 bales, including 11,000 American. Futures closed quiet. April, 24.S0d; May. 24.70d; July 24.46d; Co., tober, 23,63d; December, 22.94d; Jan uary, 22.S2d March, 22.50d
The Birmingham age-herald., 1920-04-23
Sugar Market Hx AsaQcIafad Preia

New York, April 22.-Thes local market for raw sugar was a little more settled today and prices were firmer. There were sales yesterday of about 62.o00 bags of Cubas to local refiners for April and June shipment at 1211c cost and freight, and $500 bags<of Cubas to q New Orleans reflncr for prompt shipment at isc cost and freig.lt Todays safes were 10,00o bags Porto Ricos. May shipment at 1s.56c. c f. and 12.000 San Domingos afioat at 1Si.c c f.
 There were sales of Cubas here, and prices were nominal at 1s1sc for Cuba cost and freight, equal to 19.56c fo cen trifuxal
 Aside from aI advance of 50 points by ore or the local refners late yester- day afternoon, there was nothing new in the refined situation, with refiners still limiting their a1lotments. owing to their we'll sold-up position, although there seems to be no let-up in the demand. which continues from all parts of the cuntries for deliveries well beyond the summer months. Quotations now range from 17-snc to 23c for granulated
 There was further selling at the start in sugar futures today, owing to the un- settled feeling in other commodity mar kets, and after opening at 25 to 70 points decline, there was a sharp recovery on buying by commission houses and cover ing. prompted by the hrmer feeling in the spot market, and all the early loss was regained with closing quotations 10 to os pcints net higher. Trading however, was much less active. total transactions amounting to less than 1000 tons.
The Birmingham age-herald., 1920-04-23
Chicago Futures Qv Aasoofafed Prsss
Potato Market

Chicago, April 22.-Potatoes weak receipts, Is cars; northern round white. sacked and bulk. $7@T.25.
The Birmingham age-herald., 1920-04-23
NrrnNGrk dJribn1tf

New York. April 2 tspecal)-At the close of today's stock market ses- sion the Street was more mystiied than ever over Wednesdays decnne. In view of the substantial recovery throughout the entire list, less talk was heard of the financial disturb ances in Japan, the strained credit situation and a probable drop in com modity prices. The general impress sion in important commission houses was that the raise might carry further. but that no sustained ad- Vance should be expected. In one house considerable emphasis was laid on the rally of more than points from the mornings low in United States Steel, as it was the first time since the break started on Mon- day that the stock met important sup- porting orders Market observers said this was the tip that started the rally in the whole list. One broker reported that he received buying orders in Steel during the mornings decline from important banking interests
 The buying in Corn Products yester- day which carried the stock from it's extreme low. 95A, to 1o0k at the close, WS1S SttlQ tO De DAs1eu OH eApeCldillO1l5 that the company will show record earnings from the March quarter. The report is scheduled to be issued to- morrow Unofficial estimates placed the surplus available for dividends at the rate of more than $3S a share after taxes, which would make the balance for the first three months of the year equal to more than Se share. The best previous quarterly statement of the company was for the second quarter of 1919, when the sur- plus for the common was in excess of & a share.
 The announcement early today that directors of the Chandler Motor Com pany may declare a stock dividend of B 1-3 per cent at their next meet ing, scheduled for May 5, threw al scare into the shorts in this stock. and after selling as low as 13s it ad- vanced to 14sA for a net gain of 71z points. The Street heard that in the event that- the suggested stock divi- dend Is declared. the board will con- tinue to pay dividends at the current s1e rate on the increased amount of
The Birmingham age-herald., 1920-04-23
Louisville Live Stock
Spot Coffee Rx AssnelAfAd Prass

New York, April 22.-Coffee, Rio No. L 15lkc; futures steady; May, l4e2c; July 14.2oc
The Birmingham age-herald., 1920-04-23
Ne~ Orleans Futures By Associated Press

New Orleans, April 22.-The cotton market closed steady at net advances of 39 to 61 points.
The Birmingham age-herald., 1920-04-23
SEVENTEEN
rose, sl52 pockets. s1s to l2Ac; receipts, 800; bran, s37.O0.
Cash Grain

Cash Grain
 By Associated Press Chicago, April 22.-Cash wheat: No. red s2.74; No. 4 northern spring, s2.s0. Corn: Mixed not quoted; No. yellow, N.1G1.72 Oats: No. ? white. sl0l1aa1 O2i5; No. white, SLO0alOO1z Rye Not quted. Barley. S1.7OG1.73. Timothy seed. Not quoted. Clover seedt Not quoted.
 Fork: Nominal. Lard, sls75 Ribs. si7.2sG1S.0O,
 St Louis. April s2.-Cash wheat: Not quoted. Corn: No. 4 $l.73; No. yellow, Sl75; Mary, N.69ss: July, slS2% Oats: No. 3 white. s1.o9, May, S1.0o94 september. 76c
 Produce Market New York April 22.-Butter strong; firsts 69d75. Eggs irregular: firsts 421z Q45h. Cheese firm; average run 27. Chicago. H., April 22.-Butter un- changed.
 Eggs higher: firsts 41h @42is. Poultry unchanged. St Louis. April 22.-Poultry hens 32, others unchanged. Butter and eggs unchanged.
The Birmingham age-herald., 1920-04-23
MARINE NEWS
sy Associated Prem

New Orleans. April 22.-Cleared; Steamers Appeles, to be renamed Kermit. Hamburg and Bremen via Fernandina. Fla. Savannah and New York: Ellis (Norwegianl Tela via Truxillo; Honduras (Norwegian) Be- lize via Stann Creek and Livingston; Neptune. Frontera via Progreso; Suri- name, Port Barrie.
The Birmingham age-herald., 1920-04-23
Bank of England

By Aseociatoo Press London, April 22.-The weekly state ment of the Bank of England shows the following changes:s
 Total reserve, increase f26,00 Circulation, decreased f65,000. Bullion decreased f29,064
 Other securities decreased E2B,000. Public deposits increased f73l,00o Other deposits increased f1,36s,00. Notes reserve increased f57,000. Government securities increased f2,- 357, GOO The proportion of the banks reserve to liability is 17.25 per cent; last week It was 17.4s per cent.
 Rate Of discount, ' per cent.
The Birmingham age-herald., 1920-04-23
Naval Stores Hx AsannIafed Pesss

Savannah. April 22.-Turpentine firm. S1.s414; sales. 6s; receipts. s5; shipments, ,; stock, l,s99
 Rosin firm; sales 25,: eceipts, -2l5; ship ments, js9: stock 16.7T2
 Quote: B, I5.25Ql5.S5: D. F i5di7 20: E. F. c. r 10d172o; H, 17.3o: I, 17.fOal7 70: K. B.7501s.9o; M, 1900: N. 1920; Wg, IS. 8 @1S40; Wv. 1860.
The Birmingham age-herald., 1920-04-23

Port Eads, April 22.-Arrived; Steamers Palisco (Mexican) Progreso; Janeta (British) Glasgow.
 Sailed: Steamers Atenas. Bocas Del Toro via Cristobal and Swann Island; Ceiba (Honduras) Ceiba; DeSoto, Eu- rope; Holden Evans. Tampico Lake Figart, Havana; Lake Zalislxi, Carde- mas via Havana Manzanillo. Vera Cruz via Tampico and Texas City; Natica (British) Shanghai via Colon and Honolulu; Parismina. Bocas Del Toro via Cristobal and Havana, Truxillo, Tela.
The Birmingham age-herald., 1920-04-23

Choice wooded ewes................. Is Choice shorn lambs. bs................... IS
The Birmingham age-herald., 1920-04-23
RAILROAD SCHEDULE

Corrected March |, iS70 Arrflsl and departure of passenger trains. Bir- mingham. The following schedule figures pub- lished as information. not guaranteed:
 (csntrai Standard Timel
 BIRMINGHAM TERMINAL STATION
The Birmingham age-herald., 1920-04-23

ChangeU.
 Eggs higher: firsts 41h O 42h. Poultry unchanged.
The Birmingham age-herald., 1920-04-23

St. Louis. April 22.-Poultry hens 32, others unchanged.
 Butter and eggs unchanged.
El Paso herald. (El Paso, Tex.) 1901-1931, 1920-05-13
CLOSE
IS IRREGULAR

New York. Nay 13.-The stock mar
ket was less susceptible to profess
sional pressure today, standard issues
showing signs Of an over extension
Of the short interest Sales approx
mated 10000 shares. The close was
irregular.
Final prices OF Liberty and Victory
bonds were: SIS $3.50; first 4s, ss5-52.
second. S. $500; first AS, $500; second
AS. $500; third KS S, $3.50; fourth as.
$3.50; Victory sAs, s95-s2i Victory AIS,
$3.50.
Lack Of buying power effected further
shrinkage Of quoted values at the mod
erately active opening Of today's stock
market. Overnight advices dealing with
the general industrial and financial con-
ditions were mostly Of a character 10
give renewed Encouragement TO the short
account. Pressure continued 20 concen-
trate IN steels, equipments. motors ana
textiles, in which reactions averaged
point.
Selling OF steels. equipments, motors.
shippinEs, continued in me first hour.
Dividend-paying rails recorded additional
losses Canadian Pacific declining ~
points. Atlantic Coast Line 2. and Union
Pacific. Illinois Central and Louisville
and Nashville. ] point each
Toward noon oils led a rally In which
recoveries ran from ] TO points. with
gain Of points for Atlantic Gulf
Demand loans were unchanged from
per cent but British exchange eased-