davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1921-12-31
Improvement Will
 FolIo.u Says Reuieu'
By Assoc,nted Press

New York. December SO.-Dun tomorrow will say:
 year which has been marked by general economic readjustment comes to it's closing with quietness in business the prevailing condition, but with promise of improvement to follow. While the seasonal lull has been somewhat more pronounced than usual. much has been accom- plished in the way of strengthens ing the fundamental situation, and the outlook is for further gradual commercial recovery. Final esti- mates of crop production emphasize the reduced purchasing power in az ricultural communities, smaller yields and lower prices having far reaching influence and unempiov- ment in manufacturing and mercan- tile channels accentuates the restric- tion of public consuming capacity. The volume of retail holiday trade however, was heavier than antiei- pated in various places, and offerings of goods at more attractive prices which are beginning to appear in dii- ferent quarters may be expected to excellerate distribution,
 Weekly bank clearings, s4's7s,- os4,00o.
The Birmingham age-herald., 1921-12-31
FREE SELLING IF
 WHEAT CAUSES 4
 DECIDED SETBACK
Corn and Oats Were in Full Sympathy and Took a Dip, While Provisions Varied
 Up and Down
By Associated Press

Chicago. December SO-Free sell ing, due to the government report on winter wheat and to liquidation on the part of house in financial diff faculties led to material setbacks to- day in the value of grain. Wheat closed unsettled, 2@2Nc net lower, with May s1.15@1 .15h and July s1.03Ts G1. .04. Corn lost 1M1Ac net and oats ss @i izc. Iii provisions the outcome varied from 15c decline 10 I2lhc advance.
 Bearish sentiment regarding the government report was based on con tentions that the yield indicated for winter wheat would be 50,000,000 to TO- 100000 bushels more than as rule had been looked for. Figures purporting to show that the 1922 harvest would nevertheless be ST. 000 900 bushels less than last years total failed to check the downward swing of the market. Support for values was poor, and with liquidat- ing sales in progress the lowest levels of the day was reached short ly before announcement was made that a large firm on the bull side had suspended. Cessation of selling pressure followed and in the brief interval until the close moderate rally took place, helped somewhat bys word that an agreement had been signed for the shipment of S10,00O,- 600 of Russian gold to the United States to purchase food supplies. An other aid. too, was the fact that pri- mary receipts today were less than half as much as the amount year ago.
 Corn and oats were lower in sym pathy with wheat and on account or hedging and lquidating sales. shorts, however, were covering at the last. Provisions reflected the weakness of grain and hogs.
The Birmingham age-herald., 1921-12-31


 New Orleans: Middling, 17.75e; receipts. S,2S5; sales, S17: stock, S6S,- S3O.
 Galveston: Middling, 1S.s0c; re- ceipts, 5,OOS; exports, 11,970; sales, 1,12S; stock, S75,551.
 Mobile: Middling. F soc: receipts, 626; sales, 136; stock. 17.106. Savannah: Middling. IS. 63c; re- oeipts, 1,2S0; sales, 122; stock, 1SO,- 703.
 Charleston Receipts. 1so; stock, 111,19s
 Wilmington: Middling, 1sc; re- eeipts, 2S5; stock, 40,44s.
 Texas City: Receipts, 57e; stock, Norfolk; Middling. IS. ssc; re- ceipts, 1.OsO; exports, $50; sales, s14; stock, 140194.
 Baltimore: Receipts, 1864; stock, 2,O64
 Boston: Middling, 1s1Oc; stock. 5,44S
 Philadelphia: Receipts, IF; stock, 14.453.
 New York: Middling, s.45c; stock. s7,499
 Minor ports: Receipts, 6O4; ex- ports, 90; stock, 2,S47.
 Total today: Receipts, 14,561; ex- ports, 12.650; stock, 1,35S,S0o. Total for week: Receipts. 126,1S9; exports, 96.9SS
 Total for season: Receipts, S,54S,- O39; exports, 2,90s,746.
The Birmingham age-herald., 1921-12-31
COFFEE MARKET D A.-.tr4oID Draaa

New York. December 30.--The market for coffee futures was very quiet today and fluctuations irreg- ular within range of 5 or points. The opening was 1 point lower to l point higher, being influenced, per haps by the irregular showing of the Brazilian cables, but there was very little for sale, and prices held gen erally steady later, although March eased off from S.77c to S.70c under scattered liquidation. The close was net unchanged to 8 points lower. Sales were estimated at about 5000 bags. January. soc; March, s.70c; May, s.b4c; July, s.51c; September. bfc: October. 53c; December. s BIC. The market will remain closed until next Tuesday morning.
 The spot market was dull at 9A @ 9ssc for Rio Is and 1914 G12%c for santos 4s. Cost and freight offers included Santos As at II s0@12 20c, Rio Is at S.45NS. roc and Victoria Ss, plus 20, at 20c. American credits.
 The official cables reported an ad- vance of 40 reis in the dollar buying rate with no change In the rate on London. Rio futures were 150 to 175 reis lower and Santos unchanged to 225 reis lower at the close yesterday, but special cables reported ad- vances of 100 to 275 reis in Santos and 25 to 25O reis in Rio this morn- ing. Brazilian port receipts, 44,000; Jundiahy receipts. 23,000.
 Deliveries of coffee on contract re- ported so far this month amount to 3S0.0oo bales, the largest deliveries for any one month since 1902
The Birmingham age-herald., 1921-12-31
STEADY UNDERTONE IS SHOWN IN FLEECY
 STAPLE YESTERDAY.
General Market Closed Bare Iy Steady, But 19 to 29 Points Above Last
 Nights Quotations
By Associated Press

New York, December 3O.-While somewhat irregular the cotton market showed a generally steady undertone today, with prices making new high ground for the movement on most positions. March sold up to 10. 06c, or 31 points net higher and point above the high price touched during the middle of the week. That deliv- cry closed at 1S.95c. with the gem eral market closing barely steady, but 19 to 29 points above last nights quotations.
 The market opened firm at an ad- vance of 10 to 21 points in response to relatively steady cables, reports of improving business in cotton goods in Lancashire and favorable reports from Fall River, where the weeks sales of cotton cloths were estimated at 1s0,0O0 pieces. The eerIy advance met scattered realizing for over the holidays, which was ab- sorbed by covering and trade buy ing on moderate reactions. with prices working up again during the middle of the day. This bulge was checked by the announcement that Wall street firm had made an assign ment for the benefit of creditors, and there was another furry of liquida- tion, which sent the market off to 92c for January and 1S.3sc for May, or within few points of last nights closing quitatlons.
 The unsettling effect of this de- velopment was apparently of brief duration. however, and the best prices of the day were reached in the later trading on most of the active months, with January selling at 19.14c and May at IS SIC, or 25 to 33 points net higher The close was ' to points off from the best under realizing.
 Private cables said that Manches- ter buying had absorbed scattered American selling in the Liverpool market, and houses with Liverpool were buyers here during the morning. Local brokers reported very few orders either way from the south, and except for reports that interests were buying spot cotton in the southwest, nothing was heard from the southern spot mar kets. All three of the future mar kets will remain closed until next Tuesday
The Birmingham age-herald., 1921-12-31
FLUCTUAT|ONS|N
 STOCKS ERRATIC.
 AND CONFLICTING
Money Rates Stiffened in Con- sequence of Unexpected
 Large Renewals Into
 1922. Close 6 Per Cent
By Associated Press

New York, December s0-The stock exchanges final full session of the year was marked by conflicting and cratic fluctuations.
 Heavy cash sales 10 meet Income tax returns occurred in many of the low price issues. but representative rails and favorite industriaIs were comparatively strong, though dull in contrast with the activity shown by speculative issues.
 Opinions from authoritative sources dealing with general condi- tfons fin the coming year sounded note of optimism, especially In rela- tion to commercial and industrial prospects.
 These were borne out by over night developments, such as the strengthening of the financial posi- ton of the Sears, Roebuck company, earnings and advices from Montana indicating early resumption of oper- ations in the copper mines.
 Money rates stiffened in conse- quence of unexpectedly large re- newa1s into 1922. Opening at per cent call loans rose to 6h at noon, with a further advance to per cent in the last hour.
 Sears, Roebuck & Go. was the most prominent feature of the day, al- though its extreme advance of slight ly more than points was reduced to IA at the close. Studebaker. Rail- way Steel Spring, American Ice, woolworth and sugars were among the other stocks to show substantial net gains.
 Trading In foreign exchanges was larger than any recent period and the strong tone suggested a more en- couraging view of European eco homie conditions Sterling bills were at the weeks highest level, and all allied quotations were firm, the Ital- ian rate making full recovery. Dutch and Scandinavian quotations were 10 to 20 points higher.
 The bond market was active as a whole, but irregular movement marked the foreign division. Vic tory 4%s featured the domestic list, odd lots selling at 1oo.2o. the years maximum quotation. Total sales, par value, $17.350,0O0.
The Birmingham age-herald., 1921-12-31
to 2Ac for Cubae. cost and frelght.

to 2Ac for Cubas. cost and freight, equal to 3 S6c centrifugal.
 The raw sugar futures were more active today, with indications of a broadening demand. Prices' were higher on covering, and buying by outside interests, prompted by the steadiness of the spit market, with final quotations unchanged to , points net higher or within a point or two of the best of the day. Jan uary closed Pc; March, 2.09c; May, 2 .25c; July, 2.4Sc.
 There was no change in the refined market, with fine granulated listed at 4.s0@4. BOG, and with only light trade.
 Refined futures were nominal, with no transactions. Final prices were unchanged at Sc for January, 5. 10c for March. and 5.25c for May.
The Birmingham age-herald., 1921-12-31
FOREIGN EXCHANGE


 New York, December 30.-Foreign exchange strong Great Britain, de- mand, 4.21; cables AHA; 60-day bills on banks, AIS. France, demand .O4: cables S.041a Italy, demand 433H; cables .34. Belgium, demand 7 .691s; cable ITO. Germany, de- mand .54A; cables .54%. Holland, demand 36. S5; cables 36 .91. Norway, demand 16. Sweden, demand 25 .12. Denmark, demand 20. Switzerland, demand s.55. Spain, demand 14.s5, Greece, demand 4.25. Argentina, de- mand 2s5O Brazil, demand 12. 30. Montreal, 94Ts.
The Birmingham age-herald., 1921-12-31
COTTON SEED OIL

New York, December S0.-Cotton seed oil declined 10 to Is points early, due to retenders of 1000 bar rels and liquidation on the poor ac- ton of grains and lard Subse- quently the list rallied somewhat on buying by commission houses, which looked like covering for ac count of refiners. Closing bids were to points net lower Sales, 22,- 600 barrels. Prime crude, TOT .15c; prime summer yellow spot, s.23@ 8 45c; January. S24c; March, S.72c; May, S.96c, all bid.
The Birmingham age-herald., 1921-12-31
TESTERS COTTON STATEMENT


 New Orleans, December So.-Com- parisons are to actual dates, not to close of corresponding weeks:
 In sight for week, 30S,000 bales; same seven days last year, 32S,000; same seven days year before, 4l9,000; for the month, 1,441,000; same date last year, 1,623,000 same date year before, 2,133 900; for season, 6,S71, 900; same date last year, 6,254,000; same date year before last, 3,S4S,000.
 Port receipts for season, S,543,000; same date last year, s,4S0,000; same date year before last. 3,943,000.
 Overland Co mills and Canada for season, S11 .00O; same date last year, 501, 900; same date year before, S13,- 000
 Southern mill takings for season, 2,209 ,000; same date last year. 1,57l,- 900; same date year before, 2,2s0, 900.
 Interior stocks in excess of Au- gust l. 30s,O0o; last year. 702,ooo; year before. 437,000.
 Foreign exports for week, s7,000i same seven days last year. 93,00oi same seven days year before, 1S2, ,00oi for season. 2.91o.000; same date last year, 2.365,000; same date year be- fore, 2,779, 900.
 NOTlncIn SpiiHcIo tahiilec ohe Canada for week, 10000: same seven days last year, 57.ooo; for season, r. 261 900; to same date last year. 7s4,- 900.
 Statement of spinners' takings of American cotton throughout the world:
 This week. 274,ooo: same seven days last year. 2s1.000: same seven days year before, 324, 900; total since August 1. 6,59e.0oO: same date last year. 4.5Ss.0O0; same date year be- fore. 6.107.o .oo0.
 Statement of worlds visible sup ply:
 Total visible this week. 5,962, 900 last week. 5.so4,ooo; same date last year, s.1ss.oOo; same date year be- fore, 5.72o.0oo.
 Of this the total American this week is 4.279.oO0; last week. 4,245,- oGo; last year. 4,475,ooo; year before 4,44S.ooO
 All other kinds this week, 1,6S3.- 0ee; last week. 1,s59, 900; last year L713.000; year before. 1,277.o0o. Visible in the United States this week 2.643,0oo; this date last year 2,s1s,o0o
 Visible in other countries this week 3.519,0o0; this date last year s,s72, 900.
The Birmingham age-herald., 1921-12-31
INFERIOR MOVEMENT
 Rv AssOciated Press


 Houston: Middling, 1S.75c; re- ceipts, 5,S61; shipments, S,0S1; sales, 1888; stock, 312.172.
 Memphis: Middling. 1s.50c; re- oeipts, 3,636; shipments, S,905; sales, 1,500; stock, 271, ,4S6.
 Augusta: Middling, 1s.31c; re- ceipts, 891; stock, 1,235; sales, 1S; stock, 145,33O.
 St Louis; Middling, 1s.25c; re- ceipts. 1,6OO; shipments, 1900; stock 25, ,209.
 Atlanta: Middling, 1s.75c. Little Rock; Middling, 1s.25c; re- ceipts, 25: shipments, 7S3; sales, 22S; stock, 67.139.
 Dallas Middling. IS, zoe; sales. s,1s7.
 Montgomery; Middling, 1sc; sales z3.
 Total today: Receipts. 12,013; ship ments, 15,602; stock, S21 1886.
The Birmingham age-herald., 1921-12-31
RICE MARKET

New Orleans, December 30.-Rougn rice strong; no sales. Receipts, l,lo2 sacks. Millers receipts, sames Clean rice strong Sales reported: 1,953 pockets Blue Rose at Ss4 q4hc; l9S pockets Early Prolific at ? M GA 3-l6c. Receipts, 4,245 pockets Bran and polish unchanged.
The Birmingham age-herald., 1921-12-31
SPOT COTTON

New Orleans, December sO.-Spot cotton steady and unchanged. Sales on the spot, TIT bales; to arrive, 100. Low middling, 16c; middling. IT. 75c; good middling, 18.75c. Receipts, 3.235; stock, S6S,S30.
The Birmingham age-herald., 1921-12-31
METAL MARKET

Ky 4tsNOcIhIeU Trebb
 New York, December S0.-Copper steady; electrolytic, spot and near by, 13SG14c; later, 14c. Tin firm; spot and nearby. sS3 .25; futures, 25@3337. Iron steady, un- changed. Lead steady; spot, $4.fpe 4.SO. Zinc quiet; East St. Louis de- livery, spot, S4.90Q4.95. Anthony, spot. $4 90.
The Birmingham age-herald., 1921-12-31
Steady Market in
 Cotton Trading the
 Past Week Featured
By Associated Presa

New fork, December SO.--Ihe cot ton market has been quiet but gem erally steady during the last week with prices making new high ground 4 for the movement. Realizing checkedf the advance slightly above the 19c level for January and March con- tracts during the middle of the week, and there may have been little sell ing in expectation of increased southern spot offerings No hedge selling of importance was reported, however. and the market touched the best prices of the movement during today's trading with January deliv-s cries selling at 19 .14c. or more than Pc above the low price reached on the crop estimate of December l2, and fully SC above the low level ofA lasts'Noyember The assignment of a Wall street 1 firm announced this afternoon nad rather an unsettling effect on senti- ment, but led to nothing more than i light scattering liquidation. whicn was absorbed by covering and a lit- i tie trade buying on moderate reac- tions. Local brokers have attributcd | the generally steady tone of the mar ket to increasing confidence in an Improving trade demand after tn &- turn of the year. and to the absenc& of any material increase of spot oi&k ferings preceding holidays in tYN south. Optimism as to the trade otY look has been encouraged by reporisf from the cotton goods markets in- dicating some buying for export IS well IS domestic consumption, with sales at Fall River for the week amounting to 1S0,000 pieces.
 | There have also been reportA of an increased business of goods at Manchester, with a better inquiry from India and advices published by 1 the department of commerce indicate ! Improving textile trade conditions in France, Italy and Czecho-S -Slovakia. also that Belgian manufacturers are we'll engaged The Italian banking troubles caused some irregularity In foreign exchange. but otherwise the rates have held steady enough to promote the more optimistic view of prospects for renewal of export demand, and while these featuies have failed to inspire much fires 4 buying between the holidays tn " have evidently served to hold sell "A n | in check. ~A So far notices amounting bales have been issued against A uary contracts here, but have H stopped by trade interests
 have caused some scattering
 months liquidation. N
The Birmingham age-herald., 1921-12-31
CHICAGO GRAIN By Associated Press
Chicago, nA-A-
CASH GRAIN
By AssOciated Fres

St. Louis December SO.--Wheat: No. red. s1.20@1.21; December, sI.115S; May. $1.13A. Corn: No white, 4S1sc; December. 47Ac; May 52Mc. Oats: No. white, S6c; De- cember, 35c; May, 40isc.
The Birmingham age-herald., 1921-12-31
MONEY MARKET

ttf ahsOci1tcu ECSs Nevs York. December S0.-Cali money strong; high, per cent; low, per cent; ruling rate. per cent; closing bid. DA per cent; offered at per cent; last loan, per cent; call loans against acceptances, AZ per cent Time loans firm; so days, b@ 5H per cent; 90 days, 5@5A per cent; six months. 5@5A per cent. Prime mercantile paper. 5@5A per cent
The Birmingham age-herald., 1921-12-31
POTATOES
By Associnted Pl

By ASsOctttei Icso Chicago, December S0-Potatoes steady; northern white sacked, Szw 9 20 cwt; Idaho russets sackeo' .25@240 cwt.
The Birmingham age-herald., 1921-12-31
NAVAL STORES

Savannah. December So-Turpen- tine firm, 751Ac: sales. 90; receipts, IFS: shipments, Ss1; stock, 1s,5s4
 Resin firm sales. 1923; receipts, 1.6s5; shipments. 765; stock. s9,456. Quote: B to I. s4 o5; K, s4 so; M, s5. 20; N. s5.4o; VIC. s5.6o; wv, s5 9b.
The Birmingham age-herald., 1921-12-31
Hubbard Bros. & Co.

Members New York Cotton Exchange. Ns .l Orleans Cotton Exchange, New York Pro-l duce Exchange. Associated Memp.rs Liverpool Cotton Association. Ordcra so- licited for the purchase and iale of cosscn and Cotton Seed Oil for future delivery Special attention and liberal terms given for consignment of spot cotto, tor se- livery.
The Birmingham age-herald., 1921-12-31
BAR SILVER

By Associated Press New York, December 30.-Foreign bar silver, 64%c. Mexican dollars, 49Nc.
The Birmingham age-herald., 1921-12-31
Southern Bell Telephone ;
 Telegraph Company

Interest on Thirty-yearA First Mortga' Sinking Fund Gold Bonds of this Cos pany, due 1941. will be paid on and afs January 1. 1922, upon presentation Coupon No 22. to the Bankers Tru Company. No. Is Wall Street. New Yor N. Y.
The Birmingham age-herald., 1921-12-31
NEW ORLEANS COTTON

By AssOciated Press
 New Orleans, December 30.-In the early trading in cotton today the tone was very firm for a while on con tinued encouraging report from mill centers, but after advances of about dollar a bale the upturn was checked by the disappointing show ing of mill takings for the week, and prices fell off somewhat from the highest In the early afternoon the market turned very cratic, under re- ports that a large New York and Chicago brokerake firm was in trouble, first rising to levels 21 to 29 points over the close of yester- day and then falling off to levels points over to 9 points under the close of yesterday. March traded up to 1S.1Sc, and then fell back to 17.SSc. In the late trading a much steadier tone developed with full recovery in the price of March, rls- ing to 1s20c, so that the close was at net gains on the day of IS to 26 points, with March at 1S.15c.
 Much of the early steadiness was due to the strength of Liverpool and to reports that Manchester was do- ing a much better business with In dia and booking orders ahead for several months. A mill point in Georgia told of the sale of 2,7oo bales of cloths and said that mill there had orders enough ahead to keep it running to full capacity for the next six months. A telegram from Galveston. stating that steamer there was loading 1S,OOO bales of cotton for Hamburg made decidedly favorable impression. but the market lost it's headway when mill takings of only 274,000 bales were posted the smallest figures in several weeks. While it was gen orally considered that these takings were merely due to holiday condi . tions they nevertheless put damper culation all morning. but many char acterized it as liquidation of the busi- ness rather than failure. The mar ket exhibited considerable pervous- ness when the announcement was made, but after selling off 20 points soon rallied back to the days high and finished there. The tone in cot ton remains good and higher prices are generally looked for in January.
 There will be no cotton markets un- til next Tuesday. Wishing our read CTS happy and prosperous New Year. --S. R. Stewart & Go.
 HuBBARD's LETTER
 New York, December (Special.) The market opened very steady this morning owing to better cables from Liverpool stating that Manchester was improving and the demand for goods better. Possibly also due to the fact that Liverpool bought cotton here and the calling of cotton was quite in evidence by American spinners. To- wards the afternoon. however. the market eased off due to pre-holiday liquidation and little outside business. The trade is looking for better market after the turn of the year, but we feel that the market will ease off before the heavy demand sets in.
 We take this opportunity to wish our friends prosperous New Year. Hubbard Bros. & Go.
The Birmingham age-herald., 1921-12-31
PORT MOVEMENT Rx Assnnintad Presa

New York. December 3O.-Spot cot ton steady; middlng, 19. .45c.
The Birmingham age-herald., 1921-12-31
LIVERPOOL COTTON n~ A.nx.&S n.

Liverpool. December s0.-Spot cot- ton quiet; prices steady; good mid ding. 12.11d; fully middling, 11.71d; middling, II .36d; low middling, 10.16d; good ordinary. S.61d; ordi- nary, 76Sd. Sales, 5000 bales, in- cluding 4.400 American; receipts. .o00 bales. including 500 American. Futures closed very steady. Janu- ary, Il Aid; March, II. 39d; May, II 27d; July. 11.o7d; September, 10. esd; October, 10. .46d. Official noon closing: December, II Ped.
The Birmingham age-herald., 1921-12-31
on the spirits of traders on the long side for awhile
NEW ORLEANS COTTON
 By Associated Press

New OrIeans, December 30--Cotton closed steady at net advance of IS to 26
The Birmingham age-herald., 1921-12-31
CHICAGO LIVE STOCK MARKET
 Ry AsSnelnfed prase
SUGAR MARKET

5y 1EssUtfufeu Ttss . New York, December 30.-The local raw sugar market was quieter to- day, but the undertone was steadier and prices were 1-16c higher, with sales of 12.500 bags of old crop Cubas reported for January shipment at 1l3-18c. cost and freight, equal to 8 42c for centrifugal, to an operator. The committee's prich was unchanged