davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1921-08-14
Weekly Financial Review
By Associated Press

The main movement ins the stock market this week was downward, al- though increased strength shown at times in the last two days modified the position of the list. Business con tinued to be chiefly in the hands of professional traders, and in view of the absence of investment buying or public interest they met with little opposition in their operations on the short side. Activity increased above the low point of midsummer trading, owing to the aggressiveness of the bears, and upturns late in the week seemed to be due to little else than covering.
 Among the industrials various new low records for the year were reached It was chiefly in this sec ton that pressure was exerted. Rep resentative rails held comparatively steady, owing to the improved posi- tion shown by their earnings reports. Statements for June and July con firmed the favorable impressions which the street has been receiving, and showed that while the roads are far from having regained their for mer position, real advance has been made. by comparison with their status of year ago.
 New Factors
 In the way of new factors, advices were too mixed to be conclusive Op- 'crations for the short account were facilitated by indications in the gov ernment's crop reporting shrinkage. Foreign commerce for July was the smallest in several years. Prospects of greater delay than has been ex- pected in the governments railway financing and further cuts in prices of commodities were other bearish influences. On the other hand, the monthly report of the United States Steers unified tonnage showed de cline smaller than had been generally looked for. the number of idle freight cars decreased substantially, and the steadily improving position of the federal reserve bank was reflected in it's report.
 The reactionary tendency in the bond market gained greater impetus and there were numerous material declines, particularly among specula- tive issues A violent upturn oc- cured in sterling exchange early in the week, which carried up the rate to S.72i2, although half of this ad- vance was lost on subsequent re-
The Birmingham age-herald., 1921-08-14
FROST REPORTS
 PUT F|RMNESS IN
 GRAIN MARKETS
Reports That Germany Had Purchased 5O0,00O Bush- els of Corn Apparently
 Had Little Effect
By Associated Press

Chicago. August l3.--Reports of frost in the northwest put firmness into the otherwise steady wheat mar ket today. Prices closed barely firm. Ac to Ac net higher. Corn closed unchanged to a shade lower, with September 56tsc to 56 6Ac, while oats lost, Ac to lie.
 The wheat market remained com- paratively stationary up to the final hour, when there was a little furry due to short covering. Buying to cover short sales gave the market a slight bulge and this showed per nancy when it was indicated that the reports of frosts in the northwest might prove true.
 Reports that Germany had pur- chased 500, 900 bushels of corn ap- parently had little effect on that market as December corn aga'n touched it's lowest mark of the sea son.
 Oats also lacked support and the market remained dull up to the last hour when there was brief demand for spot oats and the cash offer ings displayed a slight steadier tone.
 Provisions averaged slightly higher as the result of some firmness in the hog market and they closed steady.
The Birmingham age-herald., 1921-08-14
NEW YORK COTTON
NEW ORLEANS COTTON
 RU AuuA,sat-I I Du..u


 New Orleans, August 13.-A steady tone prevailed in the cotton market today, although prices did not show any wide changes, being held within narrow limits by the balance main tained in the news of the day Rains in Texas were considered favorable for the plant, but highly unfavorable for open cotton, of which there is a great quantity in the southern part of the state. The census bureau re- port on American mills for July had It's favorable and it's unfavorable fea- lures. After trading to points under the close of yesterday. the market rose to levels to points over, finally closing at net losses on the day of 1 to 3 points. October traded as low as 12 69c, as high as 12.S2c and closed at 12 .73c.
 While the census bureau figures of 410,120 bales as the consumption in the country during July were con sidered disappointing, because they compared with 461,656 in June, they caused no great amount of feeling ard appeared to be offset to some extent at least, by the further shrink they being placed at 1,115,S47 bales at the end of July against 1,204.572 at the end of June.
 Scattered showers over the belt were not regarded as changing the crop situation to any material extent although some private messages claimed that the rains had broken the drouth in southwestern Texas.
The Birmingham age-herald., 1921-08-14
WEEKLY DRY GOODS
By Associatea Press

New York, August lS.--Cotton goods markets have been firm and active. The buying has been broader than any seen in some months. bag manufacturers, exporters, and converters have been doing business actively on gray cloths, while the re- tail and jobbing trades have been buying moderately but steadily. Sales of sheetings for export during the past week were 5000 bales, sup plementing the largest business done for long time since April for ship ment to China, the levant; Red Sea ports, and some of the South Ameri- can countries. In all, not less than 100, Quo bales have been disposed or approximately S0.000,00o yards. Bleached goods are a little more ac- tive and some branded goods hava been advanced half a cent yard More active trading was reported In plaids and other colored cottons that have been quiet for long time.
 Percales, ginghams, sheets and pill low cases, and some of the finer wash fabrics for spring, are selling steadily. Light weight mapped goods are more active at slight advances. Tire fabrics and cotton duck gener- ally are still inactive. although somewhat steadier in price,. Yarns are higher with the demand better. More sales of knit goods for fall and spring are reported this week. pur- chases being made in moderate quan- titles. Less talk of curtailing pro- duction in cloth and yarn mills is now heard. sales, having been broad enough to restore a basis of profit on production.
 Prices current in primary markets are: Print cloths. 2S inch 64x64s. 5Bc; 64vS0s. 47sc Ssis inch 64x64s. 7ifc: brown sheetings southern standards. 9%c to 10c: uckings. s ounce, lie; denims. 2.aos indigo, 12tsc. staple g;nghams. 141ae;; prints lie; dress singhams IS and 20zc
The Birmingham age-herald., 1921-08-14
MILL CONSUMPT TON. FOR JULY LED ID. SOME LIQUIDATION.
Sales of Print Cloths In the Fall Market for the Week Were Very
 Large
By Associated Press

New York, August 13.-Disappoint- ing figures on domestic mill con sumption for July led to some scat tering liquidation in the cotton mar ket here this morning, while there was also southern selling. These cfs- ferings were not heavy, but they sent prices off from an opening advance and the close was barely steady, net unchanged to four points lower, ex- cept for July, which was two DO nts higher December contracts sold off from 13.75c to 1s.6oc, closing at the lowest
 The market opened steady, at an advance of 8 to 13 points. on bullish weekend reviews of the goods trade and continued crop complaints from the southwest. There w.. some buy ing for continental trade account, in- cluding a demand from houses with French connections, but 1t scene ed to be pretty readily supplied around 13.S5c for October and13.76c for Janu- ary. At any rate. prices soon turned easier under scattered liquidation, and offerings became a little more active after the publication of the census report on supply and ~dis-ri- button.
 Domestic Consumption
 This placed domestic consumption for July al only 410,120 bales, against S2o,4S9 for the same month last year, and 461,656 for the previous mongh. The figures were below the forecast, and evidently led to liquidation by some of the local longs. Most of the late selling, however, was believed to come from the south, and while of- ferings from that source were rot heavy, they found comparatively few buyers around the ring. October sold off to 13.1Sc. and January to 13.6Sc, with active months generally show ing net losses of about two to four points. Sales of print cloths in he Fall River market for the week were estimated at 150.o00 pieces. Supplies of goods available there for spot or prompt shipment are said to be com paratively small, and more business was reported for forward delivery although mills were slow to accept orders for delivery later than Sep tember. London cables reported continued depression in Manchester, but said favorable monsoon had en- couraged hope of an improved Ge- mand from India in the near future.
The Birmingham age-herald., 1921-08-14
CAMPBELL & CO.'S LETTER

Our market opened about 10 points up this morning, but was met by southern hedge selling and Walt street and continent buying. The market was extremely dull for Say- urday, closing on the low of the day.
 Our Texas advices are quite bull ish on crop conditions, as that state Is still without rain and not much prospects of any relief from the gov ernment forecast today.
 With trade conditions improving here and abroad we feel that soon CT or later these conditions will tell on cotton.
 We hear that spot basis are still holding firm, and we feel that around 13-cent level for October contracts can be bought with 8 view of takire, profits on firm spots
 Range of prices, American Cotton and Grain Exchanges.
The Birmingham age-herald., 1921-08-14
METAL MARKET

New York, August 13.-The copper market has shown steadier tone during the week. Inquiries were little less numerous toward the end of the period but the absorption of the recent lower priced offerings had evidently left it in a firmer posi- ton. Today's quotations rang ed from about 12 to 12Ac for electroly tic on spot, although doubt was ex- pressed whether any sizeable lots could be seSured below 12hc and quotations for later deliveries ranged from 12bc to 12Ac. Iron was un- changed.
The Birmingham age-herald., 1921-08-14
LIVE STOCK h. pra1a


 Chicago, August lS.-Cattle, re- ceipts 800. compared with week ago; cornfed steers 25c higher; common and medium steers steady to lower. she stock and bulls steady; spots lower on in-between kind and heif- CTS; veal calves $75O@s10.00 lower, heavy calves off more and stockers and feeders 25c higher.
 Hogs, receipts 5,000;< fairly active; lights and mediums steady to l0c higher; others 15c to 25c higher than yesterdays average; holdover mod crate, top s1110 paid for 440 hogs, very few over $11.00 bulk light and light butchers $10.50@s11.O0; bulk packing sows sS.50@$S.s5; pigs steady.
 Sheep receipts 5000. receipts prac- tically no market; few light butchers with week ago killing class generally steady; feeding lambs 25c to soc higher.
 East St. Louis, August 13.--Cattle. receipts 250 compared to week ago. Native grass steers steady; others 25c to soc higher; Southwesterns 15 to 25c lower, belt light yearlings higher. grassers. cows and beef bulls steady, Bolognas and canners strong; stock CTS and feeders 25c to soc higher: veal calves S1.00 higher.
 Hogs, receipts 1000. slow; prac- tically no market; fe wight butchers sold about 10c higher; few others sold; top $$l.lo; bulk s11.00@s1l.10:
 Sheep receipts none; trading today, compared with week ago; markes about soc lower.
The Birmingham age-herald., 1921-08-14
HunRARD,S LETTER

New York, August Especially )-- Better feeling following the am nouncement in the morning prsss that the affairs of the Mercantile Bank of the Americas were satisfac- torily arranged, brought slight i'm provement this morning. This ad- vance was checked by the rather small American consumption figures for July and by prospects of showers in Texas. However, the selling was well absorbed by the covering of cot- ton sold last week. Unless the wealth CT improves materially, we expect a better market next week, as the basis in Texas was again higher to- day.-Hubbard Bros. & Go.
The Birmingham age-herald., 1921-08-14
MONEY AND EXCHANGE
 

New York, August 13.-Prime mer- cantile paper, 6@6A per cent; ex- change irregular; sterling 60-day bills, 3619s demanl, s.661s; cables, 3.66ss. Francs, demand, ' 80; cables, 7.S01s. Belgian francs, demand, 7,5Slz; cables, 7,59. Builders, de- mand, 31 IS; caCies, 31.17. Lire, de- mand. { 3s; cables, 4,3S12. Marks de- mand. 1.16; cables, 1.16% Greece, demand. 5 52. Sweden, demand, 2o.9S. Norway, demand, 12.9o Argentine, demand, 27,S7. Brazil, demand, 12.50.
 Montreal, 10 per cent discount. Government bonds irregular; railroad bonds steady.
The Birmingham age-herald., 1921-08-14
LIBERTY BONDS
NAVAL STORES

Savannah, Ga, August 13.-Tur- pentine firm at 56h @57Ac: sales, 205; receipts, S4s: shipments, s7S; stock, s.921 Resin firm; sales, 1,145; receipts, 1902; shipments, 9S0; stock, 72,331. Quote: B, $3.S0; D, E, s3.95; F, s4.00; c, $4.10; H, $4.20; l. S4.25; Wv, $5.75.
The Birmingham age-herald., 1921-08-14
PORT MOVEMENT

By Associated Press New Orleans: Middling 12IS7c; re- ceipts, 4.ss6; exports 1,25s; sales. s77; stock. 439.S54. / Galveston: Middling, 1a.S0c: receipts 6,624: sales, 45S; stock. 2S2,SSS. Mobile: Middling, 1l.25e; receipts 97; stock. 16,7S0.
 Savannah: Middling, 12.0oc; re- ceipts, 1889, sales. 42 stock. 12S,57s. Charleston: Middling, 1.5oc; re- ceipts, 3, stock, 200. .a90.
 Wilmington; Middiing. 11.25c; re- ceipts, 10 stock, 31,62s.
 Texas City. Middling. 2.o0c; re- ceipts. 1.154: stock. 15,02S.
 Norfolk: Stock, 92.c0s.
 Baltimore: Stock, l,209.
 Boston: Middlng, 1s.2oc; receipts, so: stock. 10000.
 Philadelphia; Stock, 6,42l. New York: Middling. 1s20c; stock, l56.429
 Minor ports: Stock. s.o25.
 Total today: Receipts. 14.293; ex- ports. 1,259; stock, 1.329.422
 Tosal for week: Receipts. 14,293:
The Birmingham age-herald., 1921-08-14
COTTON SEED OIL

-
 New York. August 23.-Cottonseed d oil was featureless with prices show, ing a dragging tendency in the ab- sence of new buying incentive. Clos ing bids were 4 to 10 points net lower for leading deliveriesl Sales. 1,600 barrels. Prime crude, 7c. nom inal; prime summer yellow spor. S.65c; September, s70c; December. S.40c; March. S5Sc; all bid.
The Birmingham age-herald., 1921-08-14
WEEKLY METAL
By Associated Press

New York, August 13.-A more op- timistic feeling prevails in the steel trade over the future of the market. although the volume of new business continues small and fails to reveal general confidence. Prices are about steady for the small orders which constitute the bulk of the business being done, but when inquiries for large lots appear, there is sharp com petition and tendency to shade prices,
 A slightly steadier tone prevails in pig iron and while the orders are still mostly for small lots, in the az gregate they show a moderate inn provement.
 Copper has shown a better tone, The small lots of electrolytic recent ly available at around 11% to 11Tc appear to have been absorbed, and business has been reported lately at the 12-cent level. Sales for domestic consumption have been on that basis with moderate sized lots changing hands, while the reduction in ocean freight rates from New York to the continent brought in some export business at l2 fa.s., with Germany a good buyer. The uemanu rom that source appeared less active toward the end of the week when the inquiry from domestic buyers was also re- ported smaller. The earlier week ab- sorption, however, seemed to have strengthened the position of the meeting, and no sellers were reported below 12 cents with spot producers asking up to 12Ac for forward ship ment.
 Tin fluctuated a cent a pound dur ing the week following irregularity abroad and finished about net un- changed, with business showing no improvement.
 Lead was steady despite the reac- tion in London and continued to re- fleet a fair demand.
 Zinc was fairly active at slightly easier prices, was some buying for oriental account. shipment to be made via gulf ports. Generally speaking. inquiries were more numerous for both prompt and forward shipm rent. July production was about 5000 tons less than in June.
 Anthony quiet and unchanged with some bids off four cents in bond for future shipment
The Birmingham age-herald., 1921-08-14
exports, 1,259.
 Total for season: Receipts, 14',s96; exports, 138,329.
INFERIOR MOVEMENT
 RY AssociafAd Praaa

Houston: Middling, 12.50c; receipts, S,oS2: shipments. 9,279; sales, 3,161; stock, 200047.
 Memphis Middline, 11,5oc; receipts, 1,5s2; shipments, 2,57S; sales, TOO, stock. 143,975.
 Augusta: Middling, 12.5Sc; receipts, BPS; shipments, 1924; sales, S4; stock, 94,560
 Atlanta: Middling, 12.10c.
 Little Rock: 1f.25c: receipts, 449; 45,456.
 Dallas Middling, 11.50c; sales, SIT. Montgomery: 11,25c.
 Total todayC Receipts. 11,990; ship ments, 17,123; stock, 614,52S.
The Birmingham age-herald., 1921-08-14
RICE MARKET

New Orleans, August 1S.-Rough rice sales, 90 sacks Honduras at .25A 1855 sacks Louisiana Pearl at roc. Receipts. 1o,3S3 sacks; millers, receipts 9,479 sacks.
 Clean rice sales. 1,457 pockets Hon duras at l 1s4 G57sc: 234 pockets Japan at sAc: 6,4oS pockets Blue Rose at 2k@4ac. Receipts. HOS pockets. Bran. per ton, sl5; polish per ton,
The Birmingham age-herald., 1921-08-14
Hubbard Bros. & Go.

Members New York Cotton Exchange, New Orleans Cotton Exchange, New York Pro- duee Exchange Associated Members Liverpool Cotton Association. Orders so- licited for the purchase and sale of Cotton
 and Cotton Seed Oil for future delivery. Special attention and liberal terms given
 tor consignment of spot cotton for delivery.
The Birmingham age-herald., 1921-08-14
DRY GOODS MARKET Ry Assnciafed Press

New York, August 13.-Colored cottons advanced today, with larger sales. Tickings rose cent a yard. Sheetings and print cloths contin led firm. Yarns were steady. Bursap shipments from Calcutta to this con- tinent in July totalled 53,000,000 yards. Wool goods were in steady demand for mems spring wear. Dress goods were steady. Silks remained inactive
The Birmingham age-herald., 1921-08-14

action. The movement appeared to be due to speculative operations. and had little effect on the market for securities. Money rates remained firm. call funds ruling through the week at per cent.
The Birmingham age-herald., 1921-08-14
SHORT COVERINGS
 CAVE THE MARKET
 ABAD APPEARANCE
Exchange Market Feature Was a Decline of Six Points In Marks to New Low
 Price
By Associated Press

New York, August 13.-CoverinR of short contracts gave the stock market an appearance of strength for timo today, but the movement was Of short duration and in the last hour operations by the bears were re- newed. Such gains as reached ma terial proportions at the outset were chiefly among stocks which have been under pressure of late. such as. General Electric. Mexican Petroleum and Copper. Advancing quotations of these issues failed to stimulate buying to an extent which the shorts regarded as threatening, and in con- sequence the operations were re- newed. No serious opposition was encountered in bringing this about, but the selling movement was not pressed and net changes were narrow.
 On the decline a few weak spots were uncovered, for the most part among industrials which were soft on the reeessions earlier in the week. U S. Rubber preferred broke sh to s81k, Continental Can 21a to $. Gen. tral Leather 2% to 26 and Maniti Sugar 2 to 30. all new low prices for the year. Rubber common, American Can preferred, Central Leather pre- ferred and Colorado Fuel also were heavy.
 Movements of Rails
 Movements of rails were small. Re- cent steadiness of these issues, even at times of pronounced heaviness among industrials, served to pre- vent bearish demonstrations in thls section of the list.
 In the exchange market the fea- ture was a decline of points in marks to a new low p8ce for the movement of 115. This heaviness was ascribed 10 the statement of the Imperial Bank of Germany, revealing large increase in paper circula ton. Other exchanges were narrow and irregular.
 Greater stability was shown in the bond market. Dealings centered largely in the speculative liens. Rep resentative railroads issues returned in some instances to higher prices earlier ill the week, and there was a cessation of the recent selling of re- organization mortgages. Total sales. par value, S3,450, ,000
The Birmingham age-herald., 1921-08-14
NEW YORK BONDS

U. S. 2s. registered, bid .........,. l00k u. $. 2s, coupon, bid ............. 1OO!% U. s. As, registered, bid ....,..... 104h U S. 4s coupon bid ..........,.. 1O4k Panama 3s, registered, bid ........ I6 Panama 3s, coupon, bid ........,. To Amer $. & Ref bs ................ 7sA Amer. Tel. & Tel. cv. 6s .b .b....... 991s Atchison gen. 4s, bid ....:..;'..'. IA Baltimore & Ohio cv. 4hs 69 Beth. Steel ref 6s .............:.. 66ii Central of Georgia Consol. 6s, bid s3% Central Leather bs ..,......... SSn Chesapeake X ohio cv. 5s ,........ S1h Chicago, Mil. & St. P. cv. 4Iss ,.... 65 Chicago R. l. & Pac. Ky. rel. 4s -. SIS City of Paris 6s .........,........e9 go 15-16 Colorado x Southern ref. Alas ...... I6 Denver & Rio Grande consol. 4s 64h Dominion of Canada 5s Qs31) S9 Erie gen. As ..,.......,......... 42Fs Ill., Central ref. 4s .............. 76 Int, Mer. Mar 6s ................. 7Sh Kansas City Southern ref. 5s 76& Liggett S Myers 5s bid ........, S6 Louisville & Nashville un. As. bid ., 7ss Missouri, Kan. & Tex. 1st As, bid . so Missouri Pacific gen. 4s ........... 54A New York Central deb 6s :..... aga Northern Pacific As, bid .......... as
 Pennsylvania gen. 6s .............. S61s Reading gen. As ................... 75
 Republic Iron. & Steel 5s t1s4o) ss% St. Louis & San Fran. adj. es ss Southern Bell Tel. bs, bid ....... s2h Southern Pacific cv. 6s. bid ...... 91 Southern Railway 6s, bid .......... S4 Southern Railway gen. 4s; bid 57 , Union Pacific As, bid ............ s0h United Kingdom of c. B. & l. hs
 isSil .'....'..'''''' ''..''.....' 16M T. s. Steel 5s ,..;..,;..,,.-..-:;:.. s4A Wabash lst 5s .,................. s6
 Wilson & Co. cv. 6s .............. S2
The Birmingham age-herald., 1921-08-14
LONDON MONEY h. rA-..,s.x<l n-.

London, August 13.-Bar silver. 57ssd per ounce; money, 3A per cent. Discount rates: Short bills, "A per cent. 3 months bilsl. 45s per cent
The Birmingham age-herald., 1921-08-14
BAR SILVER

By Associated Press New York, August 13.-Bar silver: Domestic. 99Ac; foreign. Gle; Mexi- can dollars, 465sc.
The Birmingham age-herald., 1921-08-14

Beach-ia mar is a curious jargon, which has developed as means of communication between English
 speaking traders and the islanders of the western Pacific. It derives it's name from that of an edible ma rine organism, the fishing of which flcurished in the, South seas in the middle of the last century. Nearly all the words in this language are English. but they are strung to- sether by the natives in accordance with the rules of their own speech.
The Birmingham age-herald., 1921-08-14
MARINE NEWS

By Associated Press
 Port Lads. AuguSt 13.--Arrived City of Alton, Baltimore: Kamesit. Norfolk; Newona (Br), Tampico; Nicarao (Hond). Port Cortez
 Sailed: Choluteca (Hond), Port Cortez; Ganzsforj tNor). Belize; Gun ny (Nor). Progresso; St. Patrick (Br), Liverpool; West Chetac, Lisbon: Will linn Isom, New York.
 One shot from 14-inch gun pos sesses as. much energy as volley from 60.000 muskets
The Birmingham age-herald., 1921-08-14

There have been 2S eruptions of Mount Hecla, the famous Iceland vol cano, since the discovery of the is land.
The Birmingham age-herald., 1921-08-14

st. Louis. August 13.-Wheat. No. 9 red $i.a6@1.2S; No. 3, s1.2s@1..4; i; September, $1.221a; December, $l.24 x Corn. No. White. 54lsc oats. NO. .64hc; December, 5sAc. Oats. Nc. wbitA gam 35c: No. 3. 31h @S3 5s c; i; Sentember. sas4c; December, 3714c.
The Birmingham age-herald., 1921-08-14
NEW ORLEANS COTTON

New Orleans August 13.-The cotton market closed steady at net decline of to points.
The Birmingham age-herald., 1921-08-14

Crawffsh do great damage to young cotton plants in certain dis tricts adjoining the Mississippi. The planters partly offset their losses by feeding boiled crawfish. mixed with meal, to poultry. whose egg production is said to be much in creased by tbis diS