davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1922-05-16
RENEWED RAIN AND
 BULL|SH ADV|CES
 SEND UP COTTON
General Market Closed Strong at a Net Advance of 75 to 113 Points on the
 Days Trading
By Associated Press

New York, May 15.-Reports of re- newed rain in the southwest and bulllsh trade advices led to active general buying and an excited ad- vance in the cotton market here to- day May deliveries sold up to 2O.9ic or 113 points net higher and October contracts advanced to 20.40c, or SD points net higher. october closed at 203Sc with the general market clos Ing strong at a net advance Of 10 to 109 points.
 The market opened firm at m ad- vance of 24 to 31 points owing to the unsettling weather news and higher Liverpool cables. The advance was held in check by realizing and scat tered local selling at the start but offerings were readily absorbed on slight setbacks with the market showing increasing strength and ac- tivity, as bul,ish weather and spot news continued to come in from the south. Cloudbursts were reported ae Austin and Waco. Texas. with rains n various other secs>y<s which were taken as meaning q further delay III farm work Talk of bullish end-MaS condition figures became more gen eral and buying on the crop news was stimulated by numerous reports of an increasing spot demand With an advancing basis in the south
 The favorable news from Manches- ter and domestic goods markets was also a factor in the advance whieh established new high prices for the movement and carried the actiVe months S3 to 113 points above las. weeks closing quotations. July soia at 2o.40c and December at 20.42c anu and close was within or points of the best Houses with forelsi, trade connections were reported sooa buters of new crop months here, ana there were reports from some or the southern spot markets that eNpo'e CTS were taking everything offered.
 The official weather forecasts pointed to a continuation of unset tfed conditions in the belt tomorrom and 1t was rumord that some or the larger trade interests were scai,n 2 down their estimates of the prooaple acreage. Liverpool cables said spo. committments were large and .na. Liverpool was highest on spihhe' fixing prices.
The Birmingham age-herald., 1922-05-16
WHEAT AVERAGED {. LOWER 0N REPORT
 MAY SETTLEMENT
Corn and Oats Both Made Fractional Gains, While in Provisions the Quotations
 Were Varied
By Associated Press

Chicago, May 15.--Wheat averaged
 lower in price today. influenced chiefly by an appeal from Julius
 Barnes, former federal wheat direc-
 tor, that settlement of May wheat
 contracts here had been arranged on
 a basis no higher than the current value of grain in domestic and foreign
 trade. The market closed unsettled
 ssc net decline to a like advance.
 with May s1.42% to s1,43. and July ,s1.251s. Corn gained 1sc to lac, and
 oats Bc to Ac to ssc. In provisions the outcome varied from unchanged figures to 15c advance.
 May wheat took a decided down. ward swing during the early dealings and was relatively weaker through out the entire session than was the case with new crop months. The Barnes appeal was generally con strued as bearish and there was an expectance in some quarters that the board of trade directors would an- nounce without delay an intention to declare themselves ready to name
 a settlement price such as suggested. l Other authorities, however. seemed to incline to believe that any action 1 of the kind would be deferred until the end of the month.
 | Continued liberal receipts here, ara carloads, tended further to depress the May delivery of wheat and so. too. did reports that wheat bought today and Saturday to come to Chi
 cago totaled fully 100000 bushels. 1 Deliveries here today on May con
 tracts were 100000 bushels. On the other hand less optimistic crop ad- vices from Kansas and Oklahoma helped to rally the market from early weakness and so. too. did better de- mand from millers and big decreas
 of the visible supply total.
 | ,Unfavorable weather was responsi-
 ble for the strength shown by corn and oats.
 Higher quotations on hogs gave an
 upward trend to the provision mar ket.
The Birmingham age-herald., 1922-05-16
Late Market Bulletins
By Associated Press


 Washington, May 15.-The American Smelling and Refining company cannot obtain from the government the rate of 70 cents per pound for copper furnlshed after June l. 1918, in filling or- ders placed with it, stipulatinE delivery before that date. the SUI preme court today held in . de- cision by Justice Holmes.
 Washington, May 15-Canadian Pacific railroad freight schedules proposing to increase rates for transportation of news print paper from Canada to Nashville, Tenn., were suspended today by the interstate commerce commits sion to await investigation. The schqduIes would have been effec- tive May I6, hut were delayed until September 13 by order. Present rates range around 52 to B cents md the proposed sched- ule would make the charge range from 63h to 84M cents per 100 pounds.
 New York. May 15.-Cotton prices rose $S to $4 a bale today on improved trade demand, coupled with reports that further rains In the southwest were seriously delaying farm work. The @so>-ing was firm at m ad- vance of 20 to 31 points, with the carly afternoon market ruling Fl to 91 points above last weeks closing quotations on excited gem era1 buying. May contracts sold nt 2O.s5c and October nt 2O.26c. representing advances of between and 4 cents per pound as com- pared with the low prices of last March.
 Washington, May 15.-The SUI preme court today In Q case brought by the Pierce oil corr poration against the Phoenix Re- lining company. sustained the courts of Oklahoma which held that the corporation commission of that state could he authorized by state statute to compel the Pierce corporation to transport through it's pipe lines oil intcn- ded for the Phoenix company.
The Birmingham age-herald., 1922-05-16
NEW YORK COTTON By Associated Press
NEW ORLEANS COTTON
 4.,,,utad PrNaR

~ OrIceans. May 15.-Furtner .oyemant in the spot demand ana ,,,,dasnread complaints of damaging -ain. in the western belt cause buying improvement in cottoh day which resulted in a hlgher open. inc. continued advance tnroushouWe " the session and strong fnarNe. ,i' the late trading when the ae,,s = nonths were 94 to 9S points hisher .hansthe close of last week, July. october and December all coming to- vether and making the same high nrire of ly.g5 cents a pound ohi! small recessions were seen at any time during the day. although mueu realizing oI profits was uohe on .he lons side. The close was at net gains on the session of si 10 es points, with Juiy at lS.ssc.
 The strength on the opening was partly due to private telegrams rom Texas and Oklahoma, telling or very heavy rains in sections or oo'ii states, with Texas complaining or new overflows of bottom iands. Ing strength of Liverpool also caused ex- citement on the long side. all the more because spot sales in the Eng : fish market were estimated at 20.OO0 bales
 Throughout the session the wet weather in the west, many points wiring local brokerage houses that It still was raining, and further evil dence of an improved demand for spots. were the sustaining influences and they aroused general demand.
 In the afternoon the market went to it's highest levels. Texas report ed European spinners in the market for large lots or cotton.
The Birmingham age-herald., 1922-05-16

for later shipments. There was
 sale of 1,750 bags Of old crop Cubas, low test, on the spot at S9Sc duty paid. but this had no effect. on the general market and 15,000 bags sold for late May shipment at 2 7-1sc. cost and freight. both to a local re- finer. The raw sugar futures market was steadier on covering and some buying believed to be for European account Prices advanced 1 to points early, but eased off near the close under scattered trade and commission house selling, prompted by the more liberal offerings in the spot market Final prices were unchanged to. 2 points ret lower. July. 2.62c; September. 2.S1c; December. 2.S5c and March, 2.S2c
 The demand for refined sugar con- tinues of fair proportions and prices are steadily held at former levels with fine granulated listed at 5.3oc to 5.40c.
 Refined futures nominal Closing: July, 5.s5c; September, 6.10c; De- cember, Sc.
The Birmingham age-herald., 1922-05-16
LIVERPOOL COTTON BY Assnclafed Presa

Liverpool, May Io-Cotton, spot, good business done; prices firm; good middling. 12.02d; fully middling, 1l.77d; middling, 11.62d; low middling. 11.22d, good ordinary. 1027d; ordi- nary, 9,77d Sales, 10000 bales, in- eluding 5000 late Friday; American, 15,000; receipts, 10000 bales, inclul- ing s,700 American. Futures closed firm; May, 116id; July, 11.51d; Oc- tober, ll.S0d; December, 11.1Sd; Jan Iary, 11.12d; March, Id.
The Birmingham age-herald., 1922-05-16
CHICAGO GRAIN By Associated Press
Chicago,
CASH GRAIN nv A~sorsntarl Dee.

Chicago. May l5.-Wheat, No2. red, s1.421s qsl.43; No. 2, hard. ..1.42la C. s1.fS. Corn. No ?, mixed, 61A cao : 62Ac; No. 2, yellow. S2AcQS2%c Oats, No. 2. white. S9AcQ4Sc No. 8, white, 3SAc@40iac Rye. No. g, $1.0sh. Barley, 65cQ Tic. Timothy seed. $4.50 q $6.50. Clover seed. $l2.00- e $22.oo. Pork, nomial Lard s11.4o; ribs. $12.5o@$1s.5o.
 St. Louis, May 15.-Wheat, No. 2, red. $1.47GH.4s; No. 3, st.s4Qs1.31; May. S1.ss7s. July. $l2sis. Corn, No. l. white. s1iac; May. 5siac; July, sac. Oats, No. 3, white. 4ohc; May. SsAc; July Il.
The Birmingham age-herald., 1922-05-16
METAL MARKET Rv AssorintAd Proaa

New York. May 15.-Copper steady; eiectrolyte spot and futures. l3Ac Tin firm: spot and nearby SSo.T5; futures $s0.S7. Iron steady; No. l Nirthern so4.00@s26.0o: No. North ern y23.00@ 24.0o; No. Southern yl7.50Gs1s.oo. Lead steady; spot S5e5@35.5o. Zinc quiet, East St Louis delivery, spot so.1o. Anthony spot $5.50.
The Birmingham age-herald., 1922-05-16
COTTON SEED OIL Rv Associafad pr.ss

New York. May 15.-Cotton seed oil had fair advance through cover- ing of shorts on adverse weather conditions south and the firm situa- tion in hog products. Refiners were on both sides of the market Ten ders of 200 barrels turned May easy at the last. the close being points lower, while the balance of the list showed net gain of 4 to 19 points Sales lS.S00 barrels. Prime crude 10000 nominal; prime summer yellow spot 11.65c; July 11.S5c; September 1lS7c: December 10.05c, all bid.
The Birmingham age-herald., 1922-05-16
PORT MOVEMENT By Associated Press

 New Orleans: Abiding. 1950c; re- eeipts. 2,49S; sales. 1,7S2; stock, 2eS,- 1U4.
 Galveston: Middling, 2o15c; re- ceipts. 6.29S; sales. 2.715: stock, 2o6,- 24S.f
 Mobile: Middling. 1sc; receipts, 74s; stock. 6.774.
 Savannah: Middling. 1ssSc; re- cetpts, 2,S11; exports, 7,141; sales, 34J; stock, 77,016.
 Charleston: Middling. 19.50c; re- ceipts, 7SS; stock, 71,296.
 Wilmington: Middling, 1s.65c; re- ceipts, 235; stock. 2e.154
 Texas City: Stock, COPS.
 Norfolk: N1iddling, 19.SSc; receipts 1,126: exports, $50; sales, 1869; stock 0,60S.
 Baltimore: Stock, 4,022. Boston. Middling, 2O.15c; receipts s41: exports, 51s; stock. 1O,200. Philadelphia. Stock, 5,076. New York: Middling, 21.25c; re. ceipts. 2,716; exports, 1.115; stock 175.3s7
 Minor ports; Receipts, 255; exports 405; stock, 3.6S7. Total today: Receipts, 17,257; ex. ports, 1o,o29; stock, 9O1 500. Total for week: Receipts. 2S.924 exports, 19.537. Total for season: Receipts, 5,4ss, 446; exports, 4,962.173.
The Birmingham age-herald., 1922-05-16
LOCAL MARKETS
Fruits and Vegetables (Marshsii. Jordan & Keith) )

Plneapples-Per crate ss Bananas-Eight- hand punches 50 to 50 s7.5o: 2ss.. sa4 per box, s7. per box s4; sg ss. ss I5o per box. ss.5o; Arkansas Blacks, extra fancy. ss, iss. per box, ,s4; 7a. 50. ss, iSO. l7S. ,s.7S; Newtown Pippen Gall sizes). box. .s.5o. IL Potatoes-old Irish. l6o-lb bags. per Irish: No. 2. barrel. $ Red Bliss; No. | 100-lb. sack. per h.. 6c; White Bliss, No. 2. ioo-lb sack. per lb. 4c. .
 onions-Texas white. per crate. ss.7S; 11%s; csIfornia lma. as bsby. se per sss i6. D. esssiiifernla; si per lS,. ss; Michigan navy w
 Pineappies-Per crate. .s.
 Peanuts-virginia. No. l. per h.. Sc; visfnia roasted % so'e. @ lots lots. per per H ib. ioe: c: Marshmaiiew: " 50 ffs'sf; isa pack K:
 Lettace-Per crate. iceberg ,s: per
 ssallsmPsr sssRsfrq!srAn isl. sss. s.e.' box ".''
 Raisins-L.L., per box. ssbo.
 Tomatoes-Fancy, crate. s4.5o; choice. Eggplant-s4.5o.
 Peppers-Bell. s. Squash-Per hamper s3.5o. Cabbage-Mobile. per crate. ss.50. Peas-Engish.~p hamper. s2.5o. | Celery-Florida, per crate. $. Cheese-Full cream. daisy. h.. 2oc. Mackerel-100 No. 9-oz. keg $s.50. Lemons-California. box. $6; imported. box. S5.50. Strawberries-Crats. $s0L
 Hens-Per h.. 240.sc.
 Eggs-Per doz. 26027c. (W. W. Garrett | Sons, | Hens-23 o Pc. Fryers-45 Q 60c. l pucks-2bo. Foosters-.4O DUO. l Eggs-Fresh 25c. Butter--Packing stock. 1602oc. Turkeys-So S6c | Live stock | (birmtnghani Live Stock Markef) Fed steers, good and choice, 5h 06 Nc; medium to good. 4n0bhc: common to medium fat cows. 4c; medium cows, 10 shc; cutters 202hc; canners 1A 02Ac; heavy bulls SQ3hc: light bulls 20sc; oxen, common. lhc; fat yearlings, Sc; medium yearlings. s0ac: v.alers, choice.
 Hoss-choice corn fed. 1sS and un sc; i36 to lsS lbs. sc; % to ls5 lbs. sc: light pigs, go lbs down. 7c; best hea " rough hogs shc; soft and oily hogs from lc to Ic per pound iess than above
The Birmingham age-herald., 1922-05-16
NAVAL STORES Ry Associated Preas

Savannah, Ga. May 15.-Turpentine firm, ga C: sales sss; receipts 167, shipments 136; stock 1,2sS Rosin firm; sales s63; receipts 413; ship ments S2s; stock 5z.S57. Quote B s4.1o; D s4.sp; E s4.3o: F c II s4.4O K $50; NJ $4.s0; s5.2o; Wg 35.S0; Wv S625. s
The Birmingham age-herald., 1922-05-16
,icago, May 15.-Butter eas,
SUGAR MARKET
By AssocIated Press

New York, May 15.-The raw sugar market was Qufet today. but there was no change in quotations. al- though offerings were more liberal. Cubas are offered at 7-1ec. cost and freight, in nearby. equal to 4.o4c for centrifugal, while June shipment is offered at 2hc. cost and freight. equal to 4.1ic. Porto Ricos are quotesi at 3,9zc In nearby positions, and s.sSc
The Birmingham age-herald., 1922-05-16
SPOT COTTON Ry Associated Press

New Orleans. May l0.-Spot cotton steady, 62 points higher. Sales on the spot, 1,5l1 bales; to arrive 271. Low middling. $IS.25; midd,ing, $19.50; good middling. $20.5o; receipts. 2,49S; stock, 229,104.
The Birmingham age-herald., 1922-05-16
DRY GOODS MARKET Iyxr AaeA,Intnl DroSa


 New York, May l5.--A sharp rise in raw cotton today checked trading in cotton cloths, where price resis- tance has been noticeable during the recent advances. Percales, priced for the new seasons are on the same basis as that current for spring. save in the case of dark styles where moderate reductions were made. Percaie shirtings are understood to be priced on the basis of percale dress goods. Yarns were firmer in the combed end. Staple dress goods showed low improve ment. Raw silk opened at about the sa me price as last Wednesday. ex- cept in cantons which were 20 cents a pound higher. Burlaps showed more strength.
The Birmingham age-herald., 1922-05-16

By Associated freeb
 New York, May 15.-Thc market for coffee futures was very quiet today but ruled steady as offerings were light and . few buying orders were sufficient to cause slight ad- svances. The opening was un- changed, but tho only business re- ported was above last week clos Ing cuotations with July selling up lo.soc and September to ss7c. The close was at about tho bers showing net advances of six to 10 points. Sales were estimated at about 10000 bags. Close: May 1o.4Sc; July iossc; September s.Ssc; October e.s0c: December s.s6c; January s.6lc; March s.51c.
 Spot coffee quiet; Rio 7s lie; San tos Is. 14N to 14ho. There were few cost and freight offers and those re- ceived were about unchanged in- cluding Santos 8 and bs at ls.eoc to 1&.soc for prompt and at 1885 to 1a.5oc Tor forward shipment. Ric Is were offered at 1o.soc American credits.
 The official cables reported Sat urday . holiday with special show ing Rio unchanged to 175 reis lower at the opening. Rio exchange or London wa 1-23d higher and the dollar buying rate unchanged.
The Birmingham age-herald., 1922-05-16
Hubbard Bros. 6 Co.

Members New York Stock Exehanre, Ns~ Orleans Gotten Exchange. New York Pro- duee Exchange. Associatsd Msmbsrs Liverpool Cotton Assoeiatisn. ordsrs O. ticited for the purchase and sale of Cotton Special attention and liberal tsrms siven for consignment of spet eettsn for de- livery.
The Birmingham age-herald., 1922-05-16
STOCK TRADING VERY UNCERTAIN
 ON WALL STREET
Market Advices Over the Week End Were Mostly in Keeping With the
 7Course of Prices
rAsrocIated Press

New York, May Achievements In the stock market today were very uncertain, losses predominating at the close. Divergent view of profess sional operators and subsistence of public interest emphasized the lists hesitant or heavy tone.
 Market advices over the weekend were In keeping with the course of prices The favorable clearing house statement was neutr~Hzed by an ex- tension of labor troubles and adverse reports from the Genoa conference.
 The general rise in steels which followed the news of the Bethlehem Lackawanna deal seemed to have lost much of it's force as a bullish factor. although dealings in shares of that description again were extensive. Excepting Lackawanna, which rose to . new maximum, but finished at fractional loss, declines in the steels, including United States, Re- public. Bethlehem and Crucible, ran from one to four points.
 Oils were cratic, the outstanding feature being Transcontinental. An early rise of two points in that issue was effaced when selling of high priced issues, notably Mexican Petro- leum and General Asphalt. set in.
 Coppers were freely bought on the more stable condition of the metal markets, with silver at new high price for tho year, but those shares gavc away at the first sign of pres sure. Motors. equipments and food and chemical specialties. together with miscellaneous stocks. offered littie resistance to the more extensive offerings of the final hour, and the few noteworthy gains among rails were forfeited.
 Tho sss,oo0.ooo in actual reserve shown by local banks probably con tributed to the ease of call loans. which held at 3h per tcent through out tho session. Rates for short and long time loans continued to rule at <K to 4h per cent.
 Although banking interests ex- pressed disappointment over the trend of international developments, foreign exchanges were firm to strong. Tho Swiss rate wap the one noteworthy exception, reacting 12l points to a level considerably below par after having led the neutral re- pofff a nraA for many months
The Birmingham age-herald., 1922-05-16
INFERIOR MOVEMENT

Dy AssuCihteu ITesS Houston: Middling, 20.20c: receipts 6,o33: shipments, 7,0S0; sales, 1,455; stock, 139,606.
 Memphis: Middling. 1925c; receipts POST; shipments, 2.59S; sales, 2,T0O; stock, 132.526.
 Augusta: Middling, 19,63c; receipts 73s; shipments, 2,376; sales, IA; 1O3,- 534.
 St. Louis: Middling, lS.75c; receipts 972; shipments. 901; stock, 25,7o6. Atlantas Middling. 19.75c. Little Rock: Middling. 19c; receipts S7S; shipments, Sl; sales, 190; stock, 47.95S.
 Dallas: Middling, 19.5oc; sales, 5,oi1. Montgomery: Middling, 19c; sales, 6S.
 Total today: Receipts. 1o,2os; ship ments. 12.9S6; stock, 449,330.
The Birmingham age-herald., 1922-05-16
FOREIGN EXCHANGE n- Asnnrfat~d prAaa

New York, May 15.-Foreign ex- change firm. Great Britain. demand
 4.44ss; cables, 4.45; 6o-day bills on banks, 4.42h. France, demand, 9-l4; cables, s.14is. Italy, demand. 6.2s; cables, b2Sh. Belgium, demand
 s.ssl4, cables. s.S4. Germany, de- nand, .s5k; cables. .35A. Holland, demand, sS.60; cables. SS.65. Norway
 demand. 1865. Sweden, demand, 26.65. Denmark. demand. 21.25. Switzerland
 demand, 1914. Spain. demand. 15.eo
 Greece. demand. AIS. Poland, de- mand, .02h. Czecho- -Slovakia. de- mand. 195. Argentine. demand, S6.S7. Brazil. demand. 1887. Montreal. 99.
The Birmingham age-herald., 1922-05-16
RICE MARKNr

New Orleans. May 15.-Rough rice dull; no sales; receipts 1.44s sacks; quiet; sales reported. i.275 pockets Blue Rose at 4@4%c; $50 pockets second heads at 2hc; receipts s.41S pockets. Bran and polish unchanged.
The Birmingham age-herald., 1922-05-16
POTATOES

By A66OcInted Ff666
 Chicago, May 15.-Potatoes weak. Wisconsin sacked and bulk round whites. $1.25@l.60 cwt. Maine sacked round whites, S1.40@1.45 cwt; new stock weak. Alabama sacked Tri- umphs No. 1, $2.75 cwt; No. 2, n.50 cwt Florida Spaulding Rose double headed barrels No. l, s6; No. ?. $4.
The Birmingham age-herald., 1922-05-16

New York, May 15. = All money easier. high. ai5 per cent; low, 3 per . cent. ruling rate. sh per cent; clos sing bid, 3 per cent; offered at Sis
 per cent; last loan. s1s per cent. Call sioans. against acceptances, S1s per cent, Time loans steady; sixty days. ninety days and six months. X per Gent. Prime mercantile paper. e.
The Birmingham age-herald., 1922-05-16

An eminent pomologist says that the orange was originally pear shaped fruit about the sisc of the common wild cherry. It's evolution Is believed to be due to l.200 years of cultivation
The Birmingham age-herald., 1922-05-16
LONDON MONEY

By A6sOcinted Frebh London, May 15.-Bar silver. S6S d per ounce Money 1h per cent. Dis count rates. short and three months bills 2 6-6 per cent.
The Birmingham age-herald., 1922-05-16
nAR HTIVFR
COFFEE MARKET

By Associated Prose New York. May 15--Foreign bal silver, 72Kc; Mexican dollars. b5c-
The Birmingham age-herald., 1922-05-16
HUBBARD,s LETTER

New York, May 15.-Continucd. rains over Texas resulting in as much as two inches in the central part ef the state, brought a further advance in Liverpool and in our market today, with spot sales in Liverpool of 20,0o0 bales. The market has again been subject to enormous profit taking which have been well taken by trade buying, especially for Europe and southern mill accounts. As yet New England has not followed the advance to any appreciable extent. There is little doubt that the situation in Texas Is now one worthy of mos. serious consideration as these rains have again prevented farm work un- til very nearly the time when the government report will be made up and unfortunately the weather points to further rains. While these prices discount a great deal in the situa- tion. There is nothing yet to indi- cate that the market has reached the top and probably will not do so until the weather clears and the spot demand ceases.-Hubbard Bros f-4 Go
The Birmingham age-herald., 1922-05-16
SPOT COFFEE
MONEY MARKET A~.t.&.d prAsa

New York. May l5.-Coffee. Rio No. I, He.
The Birmingham age-herald., 1922-05-16
PRODUCE

Ky Associated Presa
 New York. May 15.-Butter steady: creamery extras. 36iac; firsts. s5@ 3cc. Eggs firm; fresh gathered ex.ra firsts. 2sA 02shc; firsts, 26la e 2sc. Cheese firm, average run. 16K @l6&c c. Chicago. May 15.-Butter easy creamery extras, ssisc; firsts. 290 3Sc; standards. 33c. Eggs higher; firsts. 24% @25Nc; ordinary firsts. 221s O 23c. Poultry, alive. higher; 1lc.
The Birmingham age-herald., 1922-05-16

,nent of all kinds. the start involving an outlay of perhaps s400. 00o009, gaining impetus and giving employ
 | ment to thousands of workmen-- H. & B. Beer