davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1920-03-26
New York Futures
New Orleans Cotton

New Orleans, March 25.--It was a weather market in cotton today and prices shifted about rather rapidly as opinion changed concerning the effect on the crop outlook of the weather events of the last 24 hours, and the weather prob able during the next twenty-four hours Interest was confined almost wholly to the storm sweeping over the sbelt from the west centered on the map over Okla homa and extending to the gulf coast The opening was excited and higher on the belief that the disturbance wouldNfDe unfavorable on the whole, and the first wave of buying carried prices 25 to AZ points higher.
 After the first demand was filled there was considerable realizing from the long side, and then short contracts came on tho market on reports that Texas had experienced general rains, which had re- lieved drouthy conditions in that state The forecast of fair weather for the en- tire western division of the belt increased the favorable opinion of western condl- tions and enough pressure developed to put prices to levels 10 points under to 5 points over the close of yesterday For while it was trading market with sharp but rather narrow upturns quickly fol- lowed by recesslons, but finally, late in the session, there was strong rally on the belief that the storm as 1t entered the eastern belt would bring detrimental rains to large area of cotton country which has for weeks complained of ex- cesslve moisture.
The Birmingham age-herald., 1920-03-26
MARCH COTTON GOES.
 ID B|G DROP AS DAY. FOR DELIVERY ENDS|
The General List Closed Steady, Net Unchanged to 45 OPints Higher
 Than Wednesday
By Associated Pres.

New York, March 25.-Trading in pres ent month deliveries ended at noon to- day in the cotton market. Notices rep resenting about 1.5O0 bales were issued, and the March price broke to Ss COG, or 45S points below the high record of Tues day, with the last sale at SS 75c, Busi- ness in the later deliveries was fairly active. and general and yesterdays de- lclines were followed by advances. After selling up from S7.6Oo to SS .12c, May broke about ss points, but later sold se s ,1Sc. or AS points net higher, and closed at $.l5s, with the general list closing steady net unchanged to 45 points higher
 The market opened firm at a decline of DO points to an advance of 20 points. July touched 35.52c and October &. .12c. Reports of rains in the southwest and central belt led to buying of new crop deliveries, particularly by houses with New Orleans connections, while the de- cline at Liverpool was offset by the ad- vance in sterling. Brokers who had sold late yesterday on the weaker stocs mar ket were buyers on today's early ad- vance, and stop orders were uncovered during the middle of the morning. After their execution there were reactions pro- noted by the closing weakness or ssarcn, with October selling off to s1.70c. or : points net lower. Trade interests contin- ued good buyers of old crops, while the German news was considered more favor able, and the market rallied again, wiNa July selling at 35.62c and October at 32 .14c. Closing prices were within or points of the best. Reports that legislation was pending which would affect contract de- liveries may have had an unsettling in- fluence but were not considered definite enough to have been an important factor.
The Birmingham age-herald., 1920-03-26
Louisville Live Stock By Associated Press
Coffee Market


 New York, March 25-Uncertainty as to conditions in Brazil seemed to restrict trading in the market for coffee futures today, and there were advances early on covering. Early cables did not quote the spot markets at either Rio or Santos. and reported that the strike was paralyz- ing the Rio movement. SThis, combined with the advance in Sterling. probably ac- counted for scattered buying, and after opening unchanged to points higher, active months sold to 10 points above last nights closing figures. Later a special cable reporting a de- cline in Santos futures was received and prices eased off under renewed nqu~Sc tion, with May selling down from II. 35c to 14.25c The close was net points higher to S2 points lower. Closing pios; March 14c, May IA 26c, July 14.54c, Sep temher 14.33c, October 14.33c, December IA. 33c.
 The official cables reported decline of 3-16 in Rio exchange on London and an advance of 120 reis in the dollar buying rate The early cables showed futures unchanged to 150 refs higher at Santos, but later cables reported a decline of 25 to 200 reis. There were no receipts at Rio, Santos receipts. 1000; Jundiahy re- ceipts, 7,o0o.
The Birmingham age-herald., 1920-03-26
STOCK EXCHANGE SEES ANOTHER DAY EXTREME DULLNESS Motors and Specialties Go Upward During Final Hour of Trading on
 Wall Street
By AssooIa,,d Prs.

New York. March 25.-Business on the stock exchange today was characterized by intervals of extreme dullness and ir- being influenced by yesterdays sharp furry in money.
 Greatest activity was manifested in the nnal hour, when further substantial ad- vances in motors and their specialties lifted the entire list, rails excepted, to highest quotations of the day. strong tone ruling at the close.
 Call loans opened and renewed at 9 per cent, a rise of 2 per cent over the recent initial rate, advancing later to F per cent, or per cent under yesterdays 8 maximum. Time money was quotaDly unaitered, but in scant supply, except for renewals.
 Foreign exchange offered some encour- agement to the long account, the British representing the high mark so far this year.
 Allied exchanges were irregular, also rates to northern Europe.
 Dealings in stocks were extremely pro- fessional and desultory until the late movement in specialties. General Motors maintained its reputation as an uncer- tain quantity, an early gain of points being followed by a reaction of 15, and la rally of 25, the final price of 3s4 rep iresenting net gain of IS points. Stutz Motor continued to move against the shorts, advancing to 2S2, new high record and gain of 34 points, while Stromberg Carburetor, controlled by Stutz interests, shot up IS points to ss, also a new maximum.
 Steels, equipments and oils joined in the late advance, variable reactions of the mid-session being replaced by net gains of 1 to points.
 Trading in bonds was relatively light, most of the Liberty issues and botr classes of Victory notes easing moderate ly. Railroad and industrial bonds also made nominal recessions. Total sales, par value, aggregated $l1, G000o. Old United States bonds were unchanged on call.
The Birmingham age-herald., 1920-03-26
Hubbard Bros. & Co.'S Letter

New York, March 25-Reports of rains in Texas brought further liquidation in the market today.
 some large lines bought on the recent advance made their appearance. On the whole the offerings were we'll absorbed Details of the amount of rain in Texas are lacking. but it would appear that good rains of beneficial character were re- ported from southwestern Texas, but that very heavy rains much more than needful fell in central and nor Texas end Okla. homa.
 some uneasiness is felt over the pros poets of more rain in the east in ths eastern belt, where dry weather Is badly needed to permit of sprnig blowing
 Sentiment In the trade is generally
The Birmingham age-herald., 1920-03-26
Liberty Bonds
Money Market
RY AssocIated Press


 New York. March 25.-Mercantile pa- per, 6h@6% per cent; exchange, gstron; sterling 60-day bills. S.so; com mercial 60-day bills on banks, 3.S0; commercial 60-day bills, 3.7911; de- mand, 3.84; cables. 3.84%. Francs de- mand, 1422; cables 14.20 Belgian francs, demand, 1872; cables, 1870. Builders. demand, s6A; cables. 36.7s. Lire, demand 19.72; cables, 19.70 Marks, demand, 1.30; cables. 1.32. Government bonds. heavy; railroad bonds, irregular. Time loans, strong: 50 and 90 dags and six months. s@sh per cent. Bar silver, 1.24k; Mexican dollars, 94h.
 Sterling made further notable ad- vance in the late dealings, 60-day bills selling at s.s2A; commercial 60- day bills on banks. 3.S2%: commercial eo-day bills. S.s2A demand. s.s6A; cables, 3.s71s.
The Birmingham age-herald., 1920-03-26
Erm0ork Gribn1,e

New York, March 25.-Among the interesting points disclosed in the annual report of the United States Steel Corporation was the fact that the book value of the common stock. estimated from the figures of the balance sheet. stood at s245 a share at the end of 1919. Since 1916 there has been steady climb in the book value of steel as a re- suit of the rapid expansion in as- sets. In that year the book value of the junior stock issue figured out at $196 share. At the end of 1917 1t had risen to $2o1. and by the end of 1918 to s2s5. In 1919 a SO share was added to the book.
 The common stock of H. R. Mall 2 linson & Co, makers of silk, was dealt in for the first time on the stock exchange today. Two hum dred shares changed hands at s4S and s48 a share. Those close to the company estimated that 1t would earn s5.0O0,000 before taxes this year if the achievement of the first quarter are continued until December 31.
 Directors of the General Motors Corporation today declared quar- terly dividend at the rate of 20 per cent a year on it's old common stock, payable, one-half in cash and the balance in the new no-par- value common shares. On the latter the dividend Is one-tenth the payment on the old shares. De- tails of the dividend were an- nounced as follows:
 On the old shares $1S0 par value, a quarterly dividend of s2.50 In cash and one-fourth share of new mo- par-value common stock. On the new par-value shares a quar- terly dividend of 25 cents in cash and one-fortieth of a share of new no-par-value common stock. On
The Birmingham age-herald., 1920-03-26
Over Private Wires
Stewart Letter

New Orleans. March 25.-The market fiuctuated several times over a range of about 90 points. reaction invariably at tracing good trade demand. which, how ever. was freely met on the way up.
 Short covering on a stronger attitude of the northern market. particularly of the May option, and some buying for bullish weekly statistics tomorrow, rallied the market in the last half hour to gain of from 40 to 5O points. with May and July the strongest.--John F. Clark & Co.
The Birmingham age-herald., 1920-03-26
THE DAY IN WALL STREET Book Value of Common Steel Quoted at SPAS Per Share General Motors Gets Dividend of 20 Per Cent-New
 Offering of Anglo-American Oil Bonds

this basis the holder of 100 shares of new stock will receive yearly s100 in cash and ten shares of new common. The dividend is payable May l to stockholders of record April 5. It was announced that flu ture dividends will be paid only on the new shares.
 In anticipation of the dividend action of the General Motors direc- tors at today's meeting speculation in the old common stock has been the most sensational seen in Wall street since the days of the war brides" in the 1915 and 1916 bull market. Starting less than month ago below 800, the stock advanced on Wednesday to 40, new high price.
 A public offering will be made tomorrow of s15. 100000 of five-year 71s per cent gold notes of the Anglo American oil Company, Ltd.' which represent the local stand ard Oil interests in Great Brltaln, by a syndicate consisting CT j. Morgan & Co. the First National bank. the National City Company ana the N1udTdnlS AAdSN -CS.'tFe-et The company is one of-t the Stand ard Oil units which were segre- gated by the supreme court deci- sion of 1911 and it's shares were distributed in the form of a divi- dend to the stockholders of the Standard oil Company of New Jer- sey. This represents the first note issue the company has sold The notes will be offered at par.
 The earnings of the Anglo American Company in 1919 &C., cording to an official estimate, reached f1,sOo.O 900. and after deduc- tion for taxes and depreciation, the surplus for dividends was f1.- 125,000. compared with a surplus for dividends of f1.039,711 in 1918.
 Dividends of not less than 25 per cent have been paid regularly since the dissolution of the old Standard Oil Company and the present rate of 30 per cent has been paid since 1914 on 3.0o0.0O0 shares of stock outstanding.
The Birmingham age-herald., 1920-03-26
J. ". Jay & Co.'S Letter

New York, March Achievements were quite cratic. with the trend at one time lower, due to heavy southern selling and local realizing. Prices, however, soon re- covered on speculative purchases of new crop deliveries, based upon unfavoEable weather advices, with no indicatioIB of cotton reaching here. We are of the be- lief that 1t Is extremely dangerous to have sales of May and July open. The southern holder was not disturbed by the natural downward reaction of yesterday, and we favor purchases on reactions J. w. Jay & Go.
The Birmingham age-herald., 1920-03-26
Hubbard Bros. & Go

Cotton Merchants, Hanover Square, Ne York. Members New York Cotton Exchang New Orleans Cotton Exchange, New Yol Produce Exchange. Associated Members Ii erpool Cotton Association. Orders solicit for the purchase and sale of Cotton ar Cotton Seed oil for future delivery. Speci attention and liberal terms given for CO. signmert of spot cotton for delivery. Go respondence invited.
The Birmingham age-herald., 1920-03-26
Bank of England Rv AssnoIatad Pnsa

London. March 25.-The weekly statement of the Bank of England shows the following changes:
 Total reserve decreased f2,452.00o.
 Circulation decreased f35.o00 Bull lofn decreased f2.4S6,S91. Other se- curities decreased f811, ,0o0
 Public deposits increased fl, 344. 900.
 Other deposits decreased f1,274, 00o Notes reserve decreased f2,415,00o,
 Government securities Increased IA 335, ,000.
 The proportion of the banks reserve to liability this week is 2184 per cent, last week it was 1349.
 Rate of discount per cent.
The Birmingham age-herald., 1920-03-26
Moss & Feransnn

New York. March 25.-Cotton acts as If urgent liquidation by tinid longs was largely completed until some fresh in- huence appears. The market may show some irregularity, but we think pur- ehases of July and later months on breaks will prove profltable.--Moss & Ferguson.
The Birmingham age-herald., 1920-03-26

tho high money rates and easier securi- ties markets. However. the market has steady undertone, and if rains fall in the eastern states, an improvement in values could be expected, Hubbard Bros. & Co.
The Birmingham age-herald., 1920-03-26
Sugar Market
By Associated Press

New York. March 25.-The local mar ket for raw sugar was easier today under increased offerings and prices declined A cent to the basis of 11A cents for Cubas cost and freight, equal to 1279c for centrifugal Reports from London reporting an increase in the English sugar ration were taken to mean that the situation there was cas- ing up little. Locally the demand was quite active, and sales were re- ported of 125,000 bags of Cubas, March and April shipment. at 11N cents c. a. f. and 90,000 bags Porto Ricos March April shipment. at 1250 cents c. 1. f delivered. No change was reported in refined prices, which range from IA to l6 cents for fine granulated.
 The weakness in raws led to a little scattered selling in sugar futures and prices were lower, closing at 20 to 35 points net decline The days business amounted to 250 tons and was confined to the May delivery at 12.2Oc.
The Birmingham age-herald., 1920-03-26
New Orleans Futures
Spot Cotton
By Associated Pres'
By Associated Press

By N5s0tIated FF6sS New Orleans, March 25.-Spot cot- ton quiet and unchanged Sales on the spot, GIT; to arrive, TIA. Low middling, 32.5oc; middling, 40.75c; good middling. 43.25c. Receipts. s,13s; stock. 37s,s36
 New York. March 25.-Spot cotton quiet: middling, 41.50c.
The Birmingham age-herald., 1920-03-26

Rosln. firm; sales. 124: receipts. 57 shipments. 6O2 stock. 205f7. Quite: F s16.10; D, st7.45; F. c. H, [, S17.50 K, M, N. VIC. S1S.5O: wv. S19
The Birmingham age-herald., 1920-03-26
Metal Market

New York. March 25.-Copper steady. Eiectrolytic. spot and March, 1sh n le%c; second quarter. 1s% Q1sc. Iron Apri1-May. 59.75c; antimony. 10 75o Metal exchange quotes lead quiet: spot 8.76c bid; May, s.6oc; zlnc easy: East St. Louis spot, s.259s50c.
 At London standard copper, spot fl06 5s; futures, f10s 17s Cd; electro. lytie. spot. f115; futures, f1ls. Tin. snot 1882 lbs; futures, S35 Is Sd Lead spot f4o futures ZAP. Zinc, spot, f4s los, futures. f51.
The Birmingham age-herald., 1920-03-26
Shot Coffee

By Associated Press New York, March s25.--Coffee, Rio No. ', 14Ac; futures steady; May. 14.25c; July, 14.54c.
The Birmingham age-herald., 1920-03-26
Naval Stores
By A,,ou,a,ed Prs,,

Savannah, Ga, March 25.-Turpen- tine, firm, 21s; sales. bid and refused; receipts, IA; shipments, g; stock, 1894.
The Birmingham age-herald., 1920-03-26
Cottonseed Oil

New York. March 25.--cottonseed oil sold off sharply under liduidating sales prompted by the sensational break in lard. Demand from shorts and re- liners served to check the decline Closing bids were s3 to s7 points net lower for active months. Sales. 33. 400 barrels.
 Prime crude, i7.5oe asked: prime sum- mer yellow spot. 19l0c May, fo.53c. July. 19.9oc, september l9 soc; prime winter yellow and summer white nomi- nal
The Birmingham age-herald., 1920-03-26
Dry Goods Market

New York. March 25.--Cotton goods today were quiot and steady. Wide sheetings were placed at value Men's wear was quiet with some cancella- tons reported Silks were quiet. Bur laps were weak and lower.
The Birmingham age-herald., 1920-03-26
Port Movement

New Orleans: Middlng, 40.75c receipts, G,13S; exports, 3,0lo; sales, 1,331, stock, l 37S, ,636 Galveston: Mlddling. 4275c; receipts, 3.6O2 sales. 925; stock, 270,312. Mobile: MiddIng s9.75c; receipts. BIO: ex- ports, 1,3ls; sales 30; stock. 2214s.
 Savannah: Middling, 4o.75c; receipts, 4SSs; stock. 15.250. Charleston: Middling, 40c receipts, 2s1 |: stock, 2J7, ,970. Wilmington: Middling. ssc; receipts, 45s; stock. 50.034. Texas City: Stock, 5O,9s9
 Norfolk: Middling. 3s5oc; receipts, s24 sales. 347; stock. s1,573.
 Baltimore: Stock. 4.792
 Boston: Middling, 42c; receipts, 71s: stock, 6,200.
 Philadelphia: MIddling. E-75c; stock, 5.117.
 New York: Middling, 150c; exports. 1.769; stock, 47, ,292.
 Total today: Receipts. 1S16o exports,
 Total for week; Receipts. 2e.s75; exports, 19 950: stock, 1,298, ,535
 Total for season: Receipts. e.o49.sss ex- ports. 4.98S.7l3.
 Interior Movement
 Houston: Middling. 42c Receipts. 4255: shipments. 5.77l; sales. 745: stock. 253.- s2s
 Memphis: Midding. 4o.5oc: receipts. s.1s4 shipments. 3ol5: sales. 1,2oo; stock. s1e.71e.
 Augusta Middling. 4oc; receipts, 1884: shipments, 2,272: sales, 75; stock. 122.s7s. St. Louis: Middlng 4o5o receipts. 1,121; shipments, 1.222: stock. 12,eS2
 Little Rock; sMiddling. 41c: receipts S73 shipments. 5s7; sales. 5s7 stock, D. 4s2
 Total today: Receipts. Il .o31: shipments i3s04: stock. 7ss.06s
The Birmingham age-herald., 1920-03-26

higher; sheep steady.
 Lamps ......-.-................. .Sl5.50q19 2o Ewes ...............-......:.... 5.0OQ14OO
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-06-08
Morning Broke As Usual In
Chicago, Despite the IT,
tanic Struggle Ahead Be-
tween Political Giants.
By Abe Martin.

Chicago, June 7.-Mornin' broke
as usual In Chicago t'day seeminly
regardless o. tn titanic struggle ies'
ahead between tn political giant
of great historic party Long be
fore tn city's milk wagons had re
turned from ther rounds an tn
thick mornin' haze had melted
away, many rural delegates were
hurryin an skurryin' T. grab a bit
before startin over t. watch tn
lake. Il wouldn' live in Chicago If
they'd give it t me-" said a dele
gate who had all tn earmarks of a
fruit tree agent. I've been a wal e.
in around since four-thirty t. git In
somewheres t. buy collar" Many
delegates arrived Sunday, thus
bearin' out tn prediction made Sat
urday by a close political observer
Many women delegates are arrivin',
all with ther hair under fair con-
troll. Some o. them are really pret-
ty an snappily dressed. Several
negro women delegates have been
seen from time t time an they
seem t take t ther new business
readily. "Lawdy, ah'm all bewild-
ered-Ah doan know whether ah m
bein' pursued fo' ma vote or ma
good looks" said big colored wo-
man delegate In Gainsborough
hat an goat furs, as she swept thru
Peacock alley. 1t is said by ole
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-06-08
WOOD WILL WIN
THE NOMINATION
LEAHY PREDICTS
Isrse,sL DISPATCH 70 MORNING JouHSALI
BY w. II. McCreight.

Chicago, June This after af-
ternoon ] called on the New Mexico
delegation at the Sherman house.
Judge David j. Leahy, who was
chosen chairman of the delegation,
said, in his opinion, General Wood
will have plurality of one hum
dred votes on the first ballot, will
gain on the next few ballots, ana
be nominated on the sixth or
seventh ballot.
The following officers were
chosen by the New Mexico dele
gates ID. j. Leahy. of Ration,
chairman; Gregory Page, of CAL
lup, on credentials; George w. Ar
milo, of Santa Fe, permanent or
ganization; Il. NJ Otero. of los
Bunas, rules and order of business;
IL, A. Cahoon, of Roswell resolu-
tions; e. M. Otero, on committee to
notify the presidential candidate.
and Jesus Romero, of Albuquerque.
on committee to notify the vice
president, II. C. Bursum was
chosen national committeeman
from New Mexico, while Gregory
Page was selected an honorary
member.
Mrs. Bursum Joined her husband
at the Hotel Sherman this morning,
leaving Albuquerque on the limited
Saturday night.
| was offered ticket for a seat
at the convention, but declined, as
leave tonight for Kentucky
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-06-08

protection and safeguard. Remem-
ber that when you once assume the
obligation and then sit in secrecy
in Geneva, resolutions will have
very, very little effect, The way
to avoid the pitfalls OF European
and Asiatic diplomacy is to stay ou;
of this thing"
There is a material aspect also,
Senator Johnson said. in the league
proposal.
I'VE have loaned Europe $10,-
100000, ,O00," he said. and for
given them the interest. And
Europe offers us a partnership. Its
charm is not so obvious from an
American standpoint unless, owing
$4,000, 100000 they will sit in Sc
crecy in Geneva and take eight
votes to your one in determining
what you will do with what you've
got
Jeers and boots greeted the state
ment,
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-06-08
GOV. srrts. - ss';:s.e-' ;,:.ss.e;,,, -'
PRESlDENfrArses'ssS
TO THE BITTER>LND

Chicago, June 7.-"Governor
Sproul is a candidate for pres
ident with the unqualified sup
port of the PENNSYLVANIA del
egation to the end and without
any deals said Attorney Cen
eral Shaffer, of PENNSYLVANIA,
in statement tonight.
I'VE are for him." he added,
because we believe his train
ing, talents and capacity make
him the best fitted man to be
president in the great recon-
struction period"
The steering committee of
ten appointed by the Pennsyl-
vania caucus today mapped out
its plan of campaign. Leaders
in the delegation said they ex-
pected the three leading candi-
dates to get into deadlock
and that on the break many
delegates would swing over to
Governor Sproul.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-06-08
DEL EGATB NEED MODERN "0SS' TO LEAD THEM OUT Of WILDERNESS
PRESCRIPTIONS FROM
HOME DOCTORS VOID
IN CONVENTION CITY

Chicago, June MANY un-
bossed delegates accustomed to
an eye-opener or a night-cap
came prepared with stack of
prescriptions" from their home
doctors, Federal prohibition
Director Howard, however, TO-
day notified druggists they must
not fill them. The result is
varying.
Tired man, with husky
voice, raped on his hotel doc
tors door today and to the in
quiry said:
doctor, / have a cold"
"Do you want a cold treated,
or do you want prescription ?"
shot back the doctor.
"Whaddaya mean?' demand
ed the patient,
Il mean" continued the doc
tor, "haye you a cold or DO
you merely want a drink?"
This Is an honest-to- good
ness cold" returned the man.
VERY well, come in" re-
sponded the doctor. 80 many
people have come to that door
today with that story | decided
to take the short course and
ask everybody the direcr cues
ton. 1t takes less time"