davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1920-06-18
LIB ERAL RECEIPTS OF CORN SENT PRICES ON DOWNWARD TREND
Oats Made Fractional Losses. While
 the Provisions List Weakened, Seven to Fifteen Cents
RY Alsnnlatnd Pretn

bJ htsoothtto Ffcts
 Chicago. June 17-Shippers pulled out of the corn market today. and with re- ceipts more liberal, prices had sharp setback. The close was unsettled, 1$sc to Pc net lower; July. sl.T7ls to SITES, and September, s1.671a to s1.67is. Oats lost 7ss; provisions 7c to 15c.
 The break in the value of corn was not unexpected and in some quarters was regarded as overdue. Bears laid stress on the fact that Indianapolis was offer ing to the east corn already loaded cheaper than Chicago could offer for ten-day shipment. It was said also that the east had sold back some corn to shippers here. At the same time esti- mates were posted indicating that con- trary to expectation, the arrivals today would overrun the previous days total. Besides, call for a statement of open contracts June 30 tended to remove like lihood of a squeeze in July. and there was gossip that the switchmen's wage award would be decided in the next few days. Although commission houses bought on the downturns. the rallies that ensued failed to hold.
 Cooler weather and rains had a de- pressing influence on oats.
The Birmingham age-herald., 1920-06-18
AND
 WEATHER FEATURE IN COTTON MARKET
Most All Months Closed Steady, Net Fifteen Points Lower to Five Points
 Higher
Bv Associated Press

New 1ork, June ld'-OHSertdlHly re- garding the effect of the continued high temperatures in eastern belt sec tions and prospects of unsettled weather in the southwest caused ral- tober contracts. which had sold offs to 34.30c during the early trading, ad- vanced to 34.77c, but lost ground later, closing at 34.54c, compared with 34.5se at the close yesterday. The general market closed steady, net 15 points lower to points higher.
 While there had been some nervous ness over the reports of high eastern belt temperatures yesterday. the early market was under considerable pres sure. The opening was points higher on July. but generally to IA points lower and active months sold 20 to sc points below last nights closing fig ures during the early trading.
 Unfavorable reports from the tex tile trade encouraged the early selling while the market was also influenced by favorable early weather reports, July broke to S740c and December to 32.95c during the middle of the morn ing, with October showing decline of SS points from the high level of yes terday morning, and of 240 points from the high prices touched early in the month. The market then showed signs of a firmer technical position and shorts became more active buyers after the publication of the detailed weather reports showing maximum tempera lures ranging from 100 to 105 degrees at many eastern belt stations. This made the fifth day of high tempera- lures and evidently caused some nerv- also rnVarinS on shower predictions for the south west, which some of the local map readers thought might turn to rain, July advanced to 37.75c and December to 3352c or 15 to 27 points net higher, with the market closing well off from the best under realizing. Exports to- day, s,S52, making 6.094,924 so far this session. Port receipts, 3Ss2. U. S, stocks, 959,117,
The Birmingham age-herald., 1920-06-18
MARINE NEWS
By Associated Preu

New Orleans, June 17.--Cleared: An- thracite Bridge, Oran, Piraeus. Saloni- ka, via Mobile. Bermuda and Bizerta; Bakana (British), London; Coppename. Port Barrios; Crown of Castile Brit ish). Liverpool; Harald Norwegian. Fort Barrios, via Belize, Stann Creek and Livingston; Imperator (Norwe- gian). Bluefields. via Cape Gracias; Madront (Norwegian). Tampico; Mexi- co (Mexican), Progreso; Norma. Tela, Rama, Bluefields.
 Port Eads, June 17.-Arrived: Chal- mette, Havana; Corning. Tampico; Dorothea, Frontera; Lake Capens. Tela; Lake Grama, Tampa: Parismina, Bocas del Toro; Potola Plumos. New York.
 Sailed: Augusta (Honduran), Omoa, via Port Cortez; Delmira (British) Sagua. Cuba; Heredia, Bocas del Toro via Cristobal; Iroquois (British). Lon- con; Luciline (British), Rouen and Havre, via Newport News; Managua (Nicaraguan). Kingston, Jamaica; O T Waring, Havana; Truxillo. Tela; Nero (Honduran), Ceiba.
 Mobile. June 17-Arrived: None. Sailed: Schooner Susie B. Dantzler, Frontera.
The Birmingham age-herald., 1920-06-18
New York Futures
New Orleans Cotton Nv Asxoclafed preSa

New Orleans June I.-Fluctuations were not wide in the cotton market to- day and there was no decided trend changes ranging from net declines of 20 to 25 points in the early trading to net advances of ' to r points later on, while the close was net unchanged to 15 points lower on the day. July traded as high as 3770c and as 10 was S40c, closing at 37 4Sc
 Dry weather in the belt and poor ca bles opened the market at lower levels and the decline persisted until after the posting of the forecast. Showers were predicted for the eastern half of the belt and unsettled to showery weather for small portion of the western half This was at first regarded as bullish, but the view finally prevailed that the showers would be beneficial rather than detri- mental if they did not last too long, and the market closed under scattered sell ing based on the idea that the crop vas doing well under the weather con- ditions of the moment.
 At no stage of the session was any, thing but the weather given any con- sideration. Even the poor Liverpool. according to private cablegrams, was due to favorable crop news
The Birmingham age-herald., 1920-06-18
WALL STREET WENT ID A DULL CLOSE
 ON LIGHT BUSINESS
K ilway and Industrial Bonds Reflected the Re actiOnary Trend of the
 Stock List
By Associated Press


 New York, June 1.-The stock marks et was left to it's own devices almost throughout todays stagnant session. Prices were firm at the outset irregular at midday and inclined to heaviness at the close. Sales of barely more than , 3O0,000 shares represented the lightest business since February. Fundamental conditions were unchanged, the money market presenting no new features, ex- cept for the negotiation of some moder- ately large time loans Industrial and commercial developments served to ern- phasize the prevailing state of transition. Cables from London suggested heavy liquidation for home account, but it was not made clear that American securities figured in the selling. Nevertheless, some of the stocks favored by London, Paris and Berlin before the war were inclined to lose ground here.
 The weekly statement of the Bank of England showed another large gain in gold holdings; the local rate on London strengthened appreciably.
 Apart from these indications, now ever, there was nothing tangible on which. to base the belief that more gold is soon to come to this market.
 So far as stocks displayed any animal tion at all, the movement again con- verged around such specialties as Gen. eral Chemical, Barrett, National Aniline, Virginia Iron and several of the minor equipments and food shares. As usual, extreme gains in these and disvers issues experienced marked impairment at the close.
 Railway and industrial bonds, notably St Louis and United States Steel 5s, re- fIected the reactionary trend of the stock list. Liberty bonds fluctuated narrowly and internationals were disposed to ease. Total sales, par values, $77,450,000.
 Old United States bonds were un- changed.
The Birmingham age-herald., 1920-06-18
Metal Market
By Associated Press

New York, June 17.-Copper dull; electrolytic spot, June and July, 19ci August and September. 19Ac. Tin spot, June and July, SAT. Iron firm and unchanged Anthony sS. Metal exchange quotes lead quiet; spot and June offered SS. Zinc quiet; East St Louis spot. s7.47@755. At London standard copper, spot, fS2 Is Cd; fu- lures, fs4 17s Sd; electrolytic, spot, f9Si futures. f106. Tin, spot. f240 5s; fu- tres, E245 5s Lead, spot, f31 10s; fu- lures ESS. Zinc, spot. f39 los; futures f4I hs.
The Birmingham age-herald., 1920-06-18
Liberty Bonds By Associated Press
Money Market
 By Associated Press

New York. June 17-Mercantile pa- per, "A per cent. Exchange strong. Sterling 60-day bills, s3.9lh; commer- cial 60-day bills on banks, $3.93B; com inercial 60-day bills, $S.925s; demand. $3.97A; cables, $3.9SA. Francs, de- mand, 7.90; cables. .92. Belgian francs. demand, S.17 cables. S.19. Builders de- mand, 3612! cables, 36.14. Lire, de- nand. 5.S5; cables, 5.S7. Marks. de- n,and. 2.59; cables, 2.60. New York ex- change on Montreal, 1874 per cent dis count. Government bonds irregular; railroad bonds easy. Time loans strong; SO days. 90 days and six months, Sh per cent.
 Ear silver mined in the United States and in foreign countries, soc per ounce; Mexican dollars, 6S%c.
The Birmingham age-herald., 1920-06-18
Daily Wall Street Gossip
BY HOLLAND.

New York, June 17.-(SpeciaL)- There will be this year no summons to the bankers of New York similar to the call upon them which was made In 1900, to provide a gold pool of s25,- 100000 to insure against the coming of panic in the presidential campaign of this year. There will be no panic. NOT will there be any organiza ton similar to the one which was perfected in 1S96 which had for it's purpose the instruction of the people upon the question whether or not there should be free and unlimited coinage of silver at the ratio of Is to 1 as compared with gold. In other words, with A single exception, in the entire field of American industry and production no situation is likely to arise which by reasea of the presidential campaign will impair business prosperity, Ex- cellent authority said this morning that so far as the railroads are con cerned their era of prosperity is just beginning. Yet 1t is no small meas ure upon the transportation of the crops that the railroads of the Unite 1 States rely for their prosperity. There fore we are about to enter the presi- dential campaign with a forecast of excellent business conditions except Ing that the promise of even an aver age harvest is not very good. While the railroads may secure the needed iresh capital with which to make im- provements and may put an end to congestion. nevertheless they may in the fall find that far below the usual amount of grain and cotton is offered for transportation.
 It may De that the yield of Indian corn Will reach perhaps record fig ures. If the country should be so fortunate as to harvest three billion bushels of corn then the railroads would be offered traffic in large amounts and any peril of food short age would be averted.
 A HEAVY FALLING OFF
 In 1919 this country harvested near ly 950,0o0.000 bushels of wheat. Un. less the present indications are out of the way, not more than S00,00 900 bushels of wheat will be harvested this year. But it is now thought prob able that the harvest of Indian corn may approximate 5000, ,00O. 900 bushels. considerable increase in corn acre age is reported. The season was not favorable until about the first of June. so that planting was deferred But June has brought glorious weather Tor the corn farmers and if it is main tained our corn harvest is likely to be one of the largest garnered in many years and may be a record har- vest. Therefore. as sometimes it has happened in the past. a great harvest Of corn may make up for shortage in wheat.
 With the small grains, excepting rye, the farmers are likely to furnish some increase over last years produc- ton. This increase in oats will be about $75,000.000 bushels and in bar
The Birmingham age-herald., 1920-06-18
Sugar Market By Assoelated PreSs

New York. June 17.-There were no further changes in the raw sugar mar ket today. with Cubas quoted at 1slzc. cost and freight. equal to 1956c for cen 4rifugal. There were sales of 14,0O0 bags o, full duty sugars afloat at 1Si4c. C. i. f., and 10000 bags of Porto Ricos for June shipment at 19.56c for centrifugal.
 Prices for refined were unchanged at 22d22c for fine granulated. A leading refiner entered the market again today and said he was now prepared to take TOW business for city and country ship ment on or before July 15 at Pc
 Futures were less active today and
The Birmingham age-herald., 1920-06-18
SILVER QUOTATIONS
By Associated Press

New York, June 17.-As result of the arrangement made by the treasury department to purchase silver from domestic producers under the terms of the Pittmnn net on the basis of S1 an ounce, dealers in the metal today changed thei, form of quotation to differentiate between United States and foreign metal. Domestic WIS quoted at 091a cents an ounce, with foreign at DO cents, the latter being based on the London equivalent.
The Birmingham age-herald., 1920-06-18

l, ley about 2o.oOo,oOO bushels in excess
 of the crops of last year.
 HAY AND COTTON
 | This year none of the experts will be occupied with an attempt to figure out | the problem which has interested them | in years past. For in other years the
 experts have wondered whether the
 money value of the hay crop was to be
 equal to or to exceed or fall little under
 money value of the cotton crops Hay | is regarded as an humble product. There ! is no romance about its cultivation and
 marketing, whereas cotton commands the
 attention of the world. And yet many
 times the money value of each of these
 crops has been found approximately equal to the value of the other. The
 time is at hand when it is easy to esti-
 mate the hay crop of this year, and that
 estimate is fixed at not less than 112,0o0,-
 000 tons, this being three hand, while all 1 the world is calling for cotton, and no
 small part of the industrial life of Great
 Britain and Europe depends upon the
 plentiful supply of it. Nevertheless, the probabilities are that the cotton crop ot
 1920 will be the smallest of any har-
 vested in the past fifty years. Europe
 and the cotton manufacturers of the
 United States have been hoping that the cotton harvest would amount to at leass | 15, ,oO0,0c0 bales. Today the government estimates that the harvest will be some- what less than Il, ,000,000 bales.
 l The reason for this unfavorable. even distressing, report is not to be found in any indifferent or carelessness on the I part of the southern cotton planters. The condition is due to a cold, wet, late spring | so that the farmers were unable to give proper attention to the cultivation of the ! soil There is hope, however. that the quality of the cotton harvest of this year may be excellent far surpassing the quality of the cotton crop last year, which was very low in grade.
 CALLING FOR HELP
 l Reports come to New York that in the
 wheat-growing districts of the upper Mis- sissppi valley, not including the wheat 1 belts of the northwest, there is need or
 25O, 900 harvest hands more than the mum l Der which has already been secured. The situation is so serious that various. or l ganizations, such as chambers of com merce and boards of trade, are concen- | t-ating their efforts at this time so as | to secure, if ossible, the needed harvest hands So far they seem not to have
 been very successful This labor short age which Is so seriously embarrassing | to the wheat farmers ,of the middle west, | is also playing havoc with cotton-growmg | industry of the south. The statement is mad, that while the wheat growers or
 the west have reduced their acreage by i at least 100000 acres, the cotton plant CTS of the south are cuItivating practical ly the same acreage as last year But | this acreage is too large, because the south cannot obtain the needed labor
 with which to cultivate and harvest the
 cotton crop. The partial failure of the cotton crop ma yseriously impair inter-
 national trade conditions.
The Birmingham age-herald., 1920-06-18
Liverpool Cotton
By Associated Presl

Liverpool, June -17.-Cotton. spot quiet; prices lower. Good middling, 29.50d; fully middling, 2s.25d; middling, 27d; good ordinary 20.50d; ordinary, 1a.50d. Sales, 4,000 bales; receipts, 1.o00 bales. no American. Futures closed quiet; June, 2466d; July, 24.36d; Sctober, 23.14d January, 21.S4d; March, 21.2Sd.
The Birmingham age-herald., 1920-06-18

r'lv delivery and local selling on the tnahs closed 25 to 31 ncints net lower xSales, i4,500 barrels. Prime crude nom- Yinal: prime sumrrer yellow, spot, Sl6 lJlp IS; July. s1690; September s171s; De-
 cember. s16s0 Prinne winter yellow and ! summer white nominal
The Birmingham age-herald., 1920-06-18
Spot Cotton

New Orleans. June 17.-Spot cotton, steady and unchanged. Sales on the spot, 794 bales; to arrive, none. Low middling, 31.75c; middling, 40.75; good mddling, 4475. Receipts, 1.456; stock, 333,0S9.
The Birmingham age-herald., 1920-06-18
Potato Market nu ksnasiaAnA psas

Chicago, June 17.-%Potatoes steady southern Triumphs, sacked, $9@9.50 white. $S.25@S.75; Florida Spalding Rose. barrels, $14; Carolina Cobblers S1425@15.
The Birmingham age-herald., 1920-06-18

Anglo French 5s .........,.9 7-16 Atch1SOn gen. As ............. II Atlantic Coast Line 1st As, bid.. Il
 Baltimore & Ohio cv. 4As ...... 5sas Bethlehem Steel ref. 5s ... 80 Central of Georgia cons. 5s, bid. v Central Leather 5s. bid ........ 905s Chesapeake & Ohio cv. 5s ...... "A 1 Chi, B. & Quincy joint As ...... 941s l Chi, Mil & St. P. cv. 4hs ..... G4M ! Chi, R. I. & Pac. Ky. ref. As - 63M l City of Paris 6s ............... 92A 1 Colo. & Southern ref 41zs. bid.. 6S% Denver & Rio Grande cons As .. 61% Dominion of Canada 5s (1931).. S7ssl 1 Erie gen. As .................. 39K Illinois Central ref 4s, bid ...... 6SA | Int. Mer. Marine 6s ............ S5 Kansas City Southern ref. 5s, bid 65 Liggett & Myers 5s. bid ........ 79A Louisville & Nashville un. As .. 76E Missouri. K. & T. 1st 4s. bd..... 52% Missouri Pacific gen. As -....... 52aa New York Central deb. 6s ...... 671a | Norfolk & Western cv. 6s ...... 95
 Northern Pacific As ............ 70A Pennsylvania gen. 5s ........... s2as Reading gen. 4s .......,....... 75A
 Republic I. & S. 5s Q946). bid.. S4 1 St. Louis & San Fran adj. 6s.... 61A Seaboard Air Line adj. 5s ..... 33h Southern Bell Tel. 5s, bid ....... 7Sh Southern Pacific cv. 5s ......... 94ss Southern Railway 5s. bid ....... 81 Southern Railway gen. As ...... 56A Texas Company cv. 6s, bid ...... 1O4 Texas & Pacific 1st ............ 7S Union Pacific As. bid ........... 77k United Kingdom of Great Britain
 and Ireland 5ks G93O....... S4& U. s. Steel 5s s.................. S9 Virginia-Caro. Chemical 5s. bid. 91A Wapash lst .-....... ............. oz Wilson & Co., cv. 6s. bid ....... S4
The Birmingham age-herald., 1920-06-18
Chicago Futures lu AasncIafad Preas
Rice Market

New Orleans, June T-Rough rice, no sales; receipts. 170S sacks, millers re- ceipts same. Clean rice steady; sales, blue rose. 2,623 pockets, 5A612asc. Bran, s4Sdl50. Polish, s67; receipts, 1880.
The Birmingham age-herald., 1920-06-18
Louisville Live Stock
Spot Coffee

New York, June 17-Spot coffee, 15 1-4c
The Birmingham age-herald., 1920-06-18
LEAD OFF
Ru Assnni.tad prs..

By Associated Press
 New York, June 1.-The Ameri- can Smelting nnd Refining Com pany today reduced the price of lead from s 1-4 to cents n pound.
The Birmingham age-herald., 1920-06-18

price changes were irregular. The open lng was unchanged to l5 points lower. but soon firmed up on covering and trade buying with prices at one time to 9 points above last nights closing level. Toward the close, however. there was renewed selling and prices again eased off. with closing quotations la points lower to fl points higher on octive positions.
The Birmingham age-herald., 1920-06-18
Produce Market

Chicago. June 17.-Butter lower; cream cry. 43145i4c Eggs lower; firsts, 37G 3Shsc. Poultry unchanged. New York, June 17.-Butter barely steady; creamery firsts, 53M561ac. Eggs irregular; firsss, 42d44c Cheese firm; av-
 craze run 24iac. Poultry, alive steady;
 broilers, 4o@65c; fowls, 3sc: turkeys, S5c; dressed steady, unchanged. St Louis, June 17-Poultry. springs.
 63G65c; others unchanged. Butter and eggs unchanged
The Birmingham age-herald., 1920-06-18
New orleans Futures Qu Axsnaiated prass

New Orleans, June 1.-The cotton
 market closed steady net unchanged to L Ia nointS lower.
The Birmingham age-herald., 1920-06-18
Dry Goods

New York, June 17.--Colored cottons for the working suit trade were steady today. Point cloths and convertibles were irregular and sheetings weaker Burlaps were firmer at Calcutta and unchanged here. Raw SIX markets were steady.
The Birmingham age-herald., 1920-06-18
Naval Stores
By Associated Pre-"

Savannah. Ga, June 17.-Turpentine, firm, 15S; sales, 200; receipts, 133; shipments 114; stock, 3.945.
 Resin. firm; sales, 1.0S5 receipts, 690; shipments. 349; stock, 1S,011
 Quote: B, $9.75@1225: D, $15.S01 16.35; E, F. G. H, I, K, M, N, Wg, Wv. $16.3O@16.50
 Novel snow blows of recent invention for automobiles are carried on sled rum ners in front of the forward wheels.
The Birmingham age-herald., 1920-06-18
Bank of England nu AssaeiaAaa p.asa

London, June 1.-The weekly state- ment of the Bank of England shows the following changes:
 Total reserve. increased. f1.1S5.000. Circulation. decreased. f201,00O. Bullion, increased. E983.424.
 Other securities, increased. f23,000. Public deposits. increased f1,s1S,000 Other deposits. decreased f4.320.000 Net reserve, increased f1.051.000. Government securities, decreased E3,697.00.
 The proportion of the banks reserve to liability is 14.2S per cent. last week 1t was 14.30.
 Rate of discount per cent.
The Birmingham age-herald., 1920-06-18

Cotton Seed Oil
 New York, June 17.-Cotton seed oil was steady early. but soon turned down ward under renewed liquidation in the
The Birmingham age-herald., 1920-06-18
Interior Movement

Houston: Midding, 8 soc; receipts, 1,3ss; shipments. 2,s25; sales. s7s; stock. 245, ,213.
 Memphis: Middling. Ale; receipts, 1,6s6; shipments. 2425; sales. 300; stock, sos, Al. Augusta Middling, 42c; receipts, 769; shiI ments, 246; sales, 15; stock. s2.O62, St. Louis: Middling, 4lc; receipts i'soi; shipments. l.3s3; stock, lS.sle. Atlanta: Middling, 40.60c; receipts, 232; shipments. 2S stock, 19.lO6. Litte Rock: Middling. 4o5oc; receipts, q;
 s,,ipments. 45s; sales. 45s; stock, 2S.53S. Montgomery: Mddling. 4lc Dallas: Middling. 3955c.
 Total today: Receipts. 5,Sss; shipments,
 6,s45; stock, 694,8l5.
The Birmingham age-herald., 1920-06-18
Cash Grain RY Asxnniatnd Presl

By NssocIatod PTeU
 Chicago, June 17.-Wheat, No. hard s2.S5. Corn, No. 2 mixed. $1.S5 F @1.91; No. 2 yellow, $1.S6@1.91. Oats, No. 2 white, s1.1S1a @1.21; No. white $113% @1.17. Rye, not quoted. Barley s1.50@1.62. Timothy seed, s10@1 12 Clover seed, $25035.
 Pork. nominal lard, $20.42; ribs $17.50@18.62.
 lSt. Louis, June 17.--Wheat, No. red $289; No. 3 red, winter. $2.S5. Corn No white $2.05; No white, s2.02; July SITS; September, $1.69 3-S. Oats, No. white. s1.17h; July s1.02 IA; Septem- Der, S5kc
The Birmingham age-herald., 1920-06-18
Port Movement

New Orleans: Middling. 40.75c; receipts.
 1.456; exports, 2.199; sales. 7si; stock. 33,- |0S9. Galveston: Middling. 8 Soc: receipts. 9s4; exports ASIA sales, 275; stock. 154.-
 264
 Mobile: Middling, 40.50c; receipts, 15O:
 stock, 4,569.
 Savannah: Middling, 4.50c; receipts, 756: sales, oS1 stock, 42297.
 Charleston: Middling, 40.5oc; receipts, n; stock. 242,613 Wilmington Middling. 40c; stock, 42.122. Texas City: Stock, 36,242. Norfolk: Middling, 40.50c; receipts, 357 {; stock, 46.607. Baltimore: Stock, 4,2s2. Boston: Middlng, &. 25c; receipts. ST; stock, $500. Philadelphia: Middling. Ss.soc; receipts. Ill. stock, 5,Sl5. New York: Mddling. 39.2 25c; exports, 1899; stock. 3s,S69. Minor ports: Stock, 3,7ss Total today: Receipts. 3,SS2; exports. B. S52; stock, 907, ,507. Total for week: Receipts. 2S.sSi; ex- ports, 3S.693. Total for season: Receipts, 7.05o.1 exports, 6,1l6,9A
The Birmingham age-herald., 1920-06-18

Mobile, June 17.-Arrived: None. Sailed; Schooner Susie B. Dantzler, Frontera.