davidaulloa/AmericanStories huggingface dataset:
Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1922-03-22

Drop in our store today. Enjoy personal
demonstration of the Columbia Grafonola. Nc
obligation to buy.
We merely want to convince you that the Grafonols
has superior qualities and that it will delight every member
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We have made it easy for anyone to own Columbia
Grafonola, the best that 1noney buy. We cannot
extend this sale indefinitely. You must act promptly
before the offer expires.
The Birmingham age-herald., 1922-04-08
NEW YORK COTTON
NEW ORLEANS COTTON


 New Orleans, April Dry weather over the belt and small mill takings put the price of cotton down for small declines today. There was steadiness in the early trading and again on the close, the early steadi- ness unquestionably being the result of expectations of favorable week. end figures which expectations were disappointed. On the close the warn ing Issued for the Texas coast be- cause of storm over the interior of Texas which it was feared might bring more rain to that state caused recoveries from the lowest Latest prices were point lower to points higher than the last prices of yes- terday, May closing at 16.63c
 Around the opening May was 6 points lower on the dry, weather map but little later enough buying came in to put the list to II points over the final prices of yesterday, May trading up to 16.6sc. Selling in- creased again on mill takings of 132,000 bales against 172,000 this week last year and the afternoon, on an absence of anything resembling sup port, prices went to their lowest. to points under the finals of yes- terday, May sagging to 16.57c. For awhile the storm warning for the Texas coast had no effect on values, but when 1t was pointed out that it was likely to bring heavy rains with 1t. the last thing wanted at this time by the cotton growers of Texas, shorts commenced to cover and found only limited supply of contracts to work on.
The Birmingham age-herald., 1922-04-08
Southern Pig Iron Has Aduanced--Sal
 Haue Been Laro
New York. April 7.-Ths Iron i.

New York, April 1.-The Iron Age says:
 The steel trade enters upon " second quarter of the year under co ditions pointing strongly to the coi tinuance of the improvement in ou put and in prices that has been pronohnced since early March. T.-e first four days of the coal strike have been without measurable effect on iron and steel markets. and there is the same complacency over a possible scarcity of fuel pig iron or steel that has been in evidence for weeks.
 There vas ret gain of r in active furnaces last month, the capacity in blast on April i being 691015 tons par day for 155 furnaces. against -59, ,OSQ tons per day for 1sS furnaces A March 1. Production is now at the rate of 25.200,000 tons per year, or more than 50 per cent greater than the 1921 output.
 The March increase in steel output was greater than that e in pig iron and at the rate of ingot production is now close to S1.000,000 tons per year.
 While railroad and structural buy ing have been important, orders are now taking a wider range. The wire industry, with bookings in March up to 75 or so per cent of capacity, is an example. Jobbers have increa6ad their stocks. Sheet buying has bSe1 on liberal scale, the $3 per ton ad- vances serving to bring in business at the old prices. Some leading sell CTS had the largest month in March since June, 1920.
 Stronger prices crystallized into or- ders in the last days of March. rome 27,000 tons of fabricated steel work New projects appeared for upward of 3S 900 tons. Unusual activity marked the contracting for reinforcing bars.
 The two leading locomotive com panies took orders for 42 locomotives in the past week. More than 300 loco motives are being figured on. Freight cars ordered so far this year, over S4.O00, ar one-half more than were bought in all 1921. The New York Central, which at first bought 125,00 tons of rails and then increased to 160,0o0 tons, has now placed 3o,0oO tons more.
 The pig iron market has been actlve, with more r >-ked tendency toward higher prices. In the south the advance is at least soc to a Sl5.5O bass, with number of larg, producers quoting s16. In the north the upward trend of prices is shown at Buffalo, Pittsburg and other cen ters The sales include 10000 tons of basic at Philadelphia and 5000 tons at g. Louis, while foundry grades include from 10000 to 10000 tons of southern iron and a considerable amount of norther-. made up mostly of lots of moderate sizes.
 The Iron Age composite price for steel now stands at e.04Sc per D and. or s1 ton above the low of a month ago. The composite price for pig iron is $1S.47 per gross ton, or 37c above the low price of last month.
The Birmingham age-herald., 1922-04-08
SEVERAL FACTORS HELPED SEND UP
 PRICE OF WHEAT
Corn, Oats and the Provisions List All Were on a SeeSaW During Most of the Days
 Session
By Associated Press

Chicago, April 7.-Wheat averaged little higher in price today helped upward by firmness of quotations at Liverpool and by sellers here holding off to avoid any surprise in the gov ernment crop report. The market closed unsettled at gain of A to Ac net with May s1.30% to s1.S0% and July s1.1sA to s1.1sas. Corn finished unchanged to Sc higher, oats un- changed to Ac up and provisions varying from 1Oc decline to 75c ad- vance.
 Cautiousness which would be sell CTS of wheat evinced regarding the government report was apparently more or less mistaken, for a slightly bearish construction of the report was general when the document be- came public after the close of the ly taken. was that crop conditions had improved since the statistics were gathered on which the report was based. Further offers of wheat ship ments from Omaha to Chicago to- gether wien sales of wheat to go to store here led to something of a set back in prices during the late deal ings.
 Estimates were current here that 300, 900 bushels of hard winter wheat had been taken at Montreal at Sc over July for last half of August shipment to Europe.
 One report put the report as high as 100000 bushels. It was said also that Buffalo mills were bidding close to the market at Minneapolis for dark No. 1 northern.
 Corn and oats prices reflected to some extent the upward tendency of the wheat market. On the other hand. seven corn product manufacturing plants were reported as having shut down owing to slackness of demand. Commission house selling weakened towards ribs. An advance in pork was chiefly nominal.
The Birmingham age-herald., 1922-04-08
MAY LIQUIDATION
 CAUSESADECL|NE
 |NCOTTON MARKET
General Staple List Closed Steady Net Three Points Lower to Seven Points
 Higher on the Day
By Associated Press

New York, April IA renewal of May liquidation caused declines in the cotton market but as soon as the pressure of this sort subsided, prices showed a tendency to steady on reports of unsettled weather con- ditions in the southwest. The wid- est price movements were in May deliveries which sold off from 17.94c to 17.70c and closed at 17.7Sc. The general market closed steady net 8 points lower to points higher, new crop months being relatively firm.
 The opening was steady at an ad- vance of 3 to 12 points in repsonse to relatively steady cables, but the market quickly weakened owing to the near month liquidation. There were recurrent squrts of May selling during the morning which gave the general list a very nervous and un- settled appearance, but many of the May sellers were buyers of either July or early new crop deliveries which as a result were relatively steady. The May premium over July. which had amounted to about 50 points at the close of the previous day narrowed to 45 points before the liquidation was absorbed but later there was very little May for sale and difference widened out again to about yesterdays closing figures.
 Early weather advices were more favorable but failed to create much selling power and there was some nervousness late in the afternoon over the Texas coast storm warning which tended to offset rather bear ish weekend figures. July sold off to 17.24c on the forenoon decline and December to 17.04c with closing quo tations a few points up from the lowest.
 Private cables again reported sone falling off of business in Malches- ter but attributed the relative stead mess of Liverpool to trade calling and good spot demand. There was no change of importance in the news from the domestic cotton goods mar kets. and reports of further in- crease in domestic mill curtailment seemed to counterbalance the steady showing of the Liverpool marked.
The Birmingham age-herald., 1922-04-08
Priuate Wire News
HUBBARD,s LETTER

New York, April Especial Jour market opened steady with prices T to points over last nights close the fact that the Liverpool market was better than due was responsible for our market opening so steady moder- ate selling was vident by Liverpool and locals lue primarily to a better weather map and the temporary weakness of May. which in our esti- nation, is due merely to a wave of bearish feeling over the. industrial situation.
 To ouh minds the short interest still exists in May and the mact that May has weakened temporarily will cause shorts to delay all the longer before covering lack of outside busi- ness causes this dullness in our market but we are looking for more activity shortly.-Hubbard Bros. x Co.,
The Birmingham age-herald., 1922-04-08
Winter Wheat Crop
 Smaller; Rye Larger,
 Says Federal Report
By Associated Press

Washington, April "A winter wheat crop about 14.0OO.O0O bushels smaller and rye crop almost 12.- 100000 bushels larger than was pro- duced last year were forecast today by the department of agriculture.
 Winter wheat came through the winter in good shape and showed an improvement of 2.4 points in condi- tion on April 1 as compared with last December. The smaller crop is due to reduction of 1.2 per cent in the area sown last fall as com pared with that of last years crop.
 The winter wheat forecast com pared with 7,032, GOO bushels pro- duced last year; 610,597. 900 in 1920 and 57S,575,000 the average of the preceding five years.
 The rye forecast compares with 57,91S,000 bushels produced last year; 60,490,000 in 1920 and 66,474,000 the average for the preceding five years.
 Winter wheat condition on April 1 showed an increase of 2.4 points since December 1 last compared with an average decline of AT points in the last ten years between those dates. Winter wheat condition year ago was BIO per cent of nor nal, while the April l ten-year av- craze is S4.3.
 The area sown to winter wheat last fall was 44,293,0 900 acres which was 1.2 per cent less than the re- vised area sown in the fall of 1920 The condition of December 1 last was 76.0 per cent, which was 11.9 per cent lower than the previous year and 13 per cent lower than the ten year average on that date.
 In forecasting the production or winter wheat the department of az riculture based it's estimate on the assumption of average abandonment of acreage and average influences en the crop from now until time or harvest.
 Rye condition on December l last was 92.2 per cent of a normal, while April 1 last year it was 9O.3 and the average condition for the last ten years on April l is SS.5.
The Birmingham age-herald., 1922-04-08
WALL STREET IS
 STILLPUTT|NG OVER
 BIC TRANSACTIONS
Course of Money Was Helpful to Stock Dealings, All Call Loans Holding at Four
 and Half Per cent
By Associated Fress

New York, April For the fifth consecutive session of the week trad ing on the stock exchange today took on enormous proportions, transactions aggregating 1,65O,0OO shares and es- tabiishing yet another new record for almost two years.
 The movement of prices was spot ty" at intervals, as a result of realiz- ing for profits in several of the issues which made greatest gains in the pre- ced;ng days of the week. This was most noticeable in such stocks as Baldwin and Studebaker although net losses in both cases wer limited to fractions. Gulf States Steel was the dominant feature, gaining 105s points on steady buying, which exceeded the demand for any other stock. Crucible was used to drive in the shorts and several of the less prominent steels including Schloss Sheffield, Great Northern ore, Otis and Iron Products made noteworthy gains.
 Rails contributed largely to the markets constructive side, coalers leading that division on the heavy ac- cumulation of Lehigh Valley, Reading and Norfolk and Western. Secondary rails were featured by Rock Island at a gain of 25s and many Of the invest ment shares, including Pacifics, Grangers and Cotton carriers, rose ] to points.
 Local utilities made impressive re- sponse to the plan by which Inter borough Rapid Transit receivership was averted. Interborough Consoli- dated preferred gained A points. Manhattan Elevated 2Ts and Brooklyn Rapid Transit 3ih, similar or greater advances being made by the bonds of those companies.
 The course of money was helpful to stock dealings. all call loans holdings at Az per cent, this applying to re- newals into the coming week. Thine funds were quoted at A per cent for the longer dates, but this was shaded to 4ih per cent on prime collateral.
 Foreign exchanges reflected the more hopeful advices respecting the forthcoming Genoa conference. Sterl- ing rose l cent, almost It's best quo tat.on of the week. All the allied re- mittances showed moderate improve ments as did German, Dutch, Scandi- navian and Spanish bills, the latter rising 12 points. Czesch Slovakian rates hardened on the strength shown by the new bond issues.
The Birmingham age-herald., 1922-04-08
COFFEE MARKET


 New York, April 7.-The market for coffee futures showed renewed strength today and predictions of 10 cents for contracts were nearly real lized as May deliveries sold up to 9.97c compared with S.7Sc the low price of last month and S.21c the low level touched on the break of last January. The general market opened at an ad- vance of g to 15 points on the higher Brazilian markets and covering by near month shorts with active posi- sitions showing net advances of ? to IS points right after the call Real izing became rather active around 9.60c for September easing the price to 9.47c. But the close was up from the lowest on reports of higher cost and freight offers. Last prices were to 13 points net higher. Sales includ- ing switches were eliminated at about 7S.000 bags. Closing quotations, May 9.90c; July 9.S3c- September. October and December 9.55c; January s.52c; March 9.45c.
 Spot coffee firm. Rio Is 101sc; Sam tos As 14Ac@14hc. Cost and freight offers included Santos 3s and 5s D Tt Bourbon at 13.75c@14.10c: Rio Is at 10c@10.10c and Victoria Is and 83 at 9.S0c. American credits. Sales were reported of Santos 3s and 5s at 13.75c and Bio ~ at 10c. American credits. Private cables received here said that Europe was buyer in the Santos market.
 The official cs les repe~te ad- vances of 75@125 reis in the Rio market yest,rday with a partial fur ther advance of 125 reis this morn ing. Santos was 25 reis lower to 50 reis igher yesterday but showed an advance of 50 to 175 reis this morn ing. The doll r buying rate was 20 reis lower and there was an advance of 1-32 in Rio exch 1ge n London. Brazilian port receipts 36,000: Judi ahy receipts 21,000.
The Birmingham age-herald., 1922-04-08
Rate Increases Are
 Ordered Held Up
By Associated Press

Washington, April 7.--Increases in freight rates ranging from to SC per 100 pounds on fruit and vege- table packages which western rail- roads propose to make effective April 20. were suspended by the in- terstate commerce commission today until August IS pending investiga- tion as to their reasonability.
 The heavier charges would have effected all consignments to Arkan- sas, Colorado. Illinois. Indiana. Iowa, Kansas. Michigan. Minnesota. Mis- souri, Nebtaska, New Mexico. North Dakota, South Dakota, Utah, Wis consin and Wyoming. They applied from points of origin in Arkansas, Illinois, Indiana. Louisiana, Missouri, Oklahoma, Texas, Tennessee and Kentucky.
The Birmingham age-herald., 1922-04-08
SUGAR MARKET


 New York, April 7.-The raw sugar market was easier but the demand was light and no sales were reported. Cubas weer offered at 2 T-16c, cost and freight, equal to 4.04c for cen trifugal for April shipment and at 2iac cost and freight, equal to 4.llc for May.
 Raw sugar futures were easier un- der realizing and scattered liquida- tion by commission houses, owing to the lower ruling of the spot market At the lowest prices showed declines of to points. although there was 2 partial rally near the close on COW ering. Final quotations were to 6 points net lower. May 2.53c; July 2.72c; September 2.S9c; December 2.94c.
 The market for refined was un- changed at 525c to 550c for fine granulated but the demand was less active.-
 Refined futures were without trans actions. Closing: May 5.S5c; July 6.l0c; September 6.25c.
The Birmingham age-herald., 1922-04-08
PORT MOVEMENT
By Associated Press

 r New Orleans: Middling. l6.6Sc; re- ceipts, 2.74O; exports, 6,150; sales, 641; stock. 262.00a.
 Galveston: Middling, 17.40c; re- ceipts, 9.5s6; exports. 4,550; sales. SOP; stock, 1s5,sso.
 Mobile: Middling, 16.3Sc; receipts, 1,073; stock, 11.s43.
 Savannah: Middling. 17c; receipts, 2,119; exports, 7,479,ooo; sales, 49; stsck. 135,S30.
 Charleston: Receipts, 1.451; stock, 75.o45
 Wilmington: Middling, 17c; re- ceipts. 323; stock. 30,690.
 Texas City: Receipts, 705; stock, 7,519.
 Norfolk: Middling, 17.0sc; receipts, 925; sales. 1855; stock. 113.o53. Baltimore: Receipts. 55S; stock. g. 191.
 Boston: Middling, 17.s5c; receipts. IS; stock, 11,593.
 Philadelphia Stock, 6,120. New York: Middling, 17.95c; ex- ports. 1.750; stock, ,S2.336.
 Minor ports: Receipts, s.os9; stock. 5.S92.
 Total today: Receipts. 16562; ex- ports. 1899; stock. 1.03S.13e. Total for week: Receipts. 115, ,351: exports. 179,743.
 Total for season: Receipts, 4.SS9,- 19O; exports, 4,343.504.
The Birmingham age-herald., 1922-04-08
Commerce Commission
 Loses Out in Court
By Assoclated Press

NashviIIe, Tenn, April 7.-The state of Tennessee has won it's con tention that the interstate commerce commission Is without authority to order an increase in rates on stone and gravel within the state where such shipments used in highway con- struction are made by the state. county or municipality.
 Copies of the opinion of Circuit Judge A. c. Dawson and District Judges E. T. Sanford and J. W. Ross, who heard the case here in February, were received here today. According to highway experts the decision means saving of $3.000 to 5000 Der mile on highway construction in Tennessee
The Birmingham age-herald., 1922-04-08
FOREIGN EXCHANGE. Rr Assnciated PreAh

New York, April 7.-Foreign ex- change firm; Great Britain, demand 4.39& per cent; cables 4.3sK; 60-day bills on banks 4361a. France, demand s.13: cables 9.131z. Italy, demand 5.291z; cables 5.30. Belgium, demand s.45: cables s.4519. Germany de- mand .32a.; cables .32M Holland, de- mand s7.74; cables 37.77. Norway, . demand 1920 Sweden, demand 26.0s. Denmark, demand 21.15. Swift zeriand, demand 19.43. Spain, demand l5.52. Greece, demand 4.42. Poland demand .o2%. Spain demand 15.52. demand .02%. Czecho -Slovakia, de- mand 193; Argentine demand 3O.2S. Brazil demand 1870. Montreal 97h.
The Birmingham age-herald., 1922-04-08
LIGHTNING STRIKES BARN

Gadsden, April 7.--(Special. .)-Dur- ing the storm which visited this sec ton on Wednesday afternoon, light ming struck the large barn of B. A.. Case. a few miles out from Attalla. setting it on fire and. completely de- stroying it. together with several hundred dollars worth of machinery besides a large amount of corn, fod- der. hay, etc. MT. Case carried a small amount of insurance and will rebuild soon.
The Birmingham age-herald., 1922-04-08
MONEY MARKET D~Aaa

New York, April 7.-Call money easier; high, A. per cent; ruling rate. 4h per cent; closing bid. per cent; offered at Az per cent; last loan, 4 h per cent; call loans against accept ances, per cent; time loans steady; :; GO days. 90 days and six months, 41z per cent prime mercantile paper, Az @4Z per cent.
The Birmingham age-herald., 1922-04-08

New York, April 7.-Cotton goods were keneraliy quiet today with moderate amount of business reported in sheetipgs and ordered construc- tions of print cloth yarn goods. Ship ments of burlaps to the United States from Calcutta during March totalled 109,0oo,000 with one exception the largest ever recorded Cotton yarns were easier and business was spotty Wool was easier. Sales were well maintained at the carpet auction.
The Birmingham age-herald., 1922-04-08
COTTON SEED OIL

New York, April 7.-cotton seed oil was higher for November, but easier otherwise with small pro- fessional trade. November closed II points net higher and other months 2 to 8 net lower. Sales. 1000 barrels. Prime crude, 10c asked; prime sum- mer yellow. spot. 11.65 @ Il BOG; May, 11.53c; July, 11.45c; September. 1142c, all bid.
The Birmingham age-herald., 1922-04-08
METAL MARKET

New York, April 7.-Copper stead fer; electrolytic, spot and nearby 12%@12Ac; later, 12% @1sc. Tin firm; spot and ne; by. s2s.s7; futures ss0. Iron steady and unchanged. Lead steady saot. s4.9o@s5. Line quiet; East st. Louis delivery, spot, s4.e0@$4.95. Anthony, spot, $4.e2.
The Birmingham age-herald., 1922-04-08
LIVERPOOL COTTON.
By Associated Press

Dy AbsOctAtou ErtsS
 Liverpool, April 7.-Cotton, spot in moderate business; prices firm. Good middling 10.90d; fully middling 10.60d; middling 1045d; low middling 9.75d; good ordinary S.90d; ordinary s.40d; sales 5000 bales, including 5,200 American Receipts %. 900 bales including 12,200 American. Futures closed steady. April 10.34d; May 10.2Sd; July 1022d; September 10,09d; December 9.92d; January 9S6d; March 9.S0d
The Birmingham age-herald., 1922-04-08
Hubbard Bros. & Co.

Members New York Stock Exchange. New Orleans Cotton Exchange, New York Pro- duee Exchange. Associated Members Liverpool Cotton Association. Orders .o- iieited for the purehase and sale of Cotton and Cotton Seed Oil for future delivery. Special attention and liberal terms given for consignment of spot cotton for de- livery.
The Birmingham age-herald., 1922-04-08
NEW YORK BONDS fSv sssaaiatasi Prasa

! | a s:. esslsosr's coaPon' Bid :..:.::: 1Ss: lSs U. s. 4s, registered bid .......... 105
 II. s. 4s coupon. bid .............. 10s
 Panama ss registered. bid ... s3 Panama 3s coupon, bid .......... S3
 Am. Smelling & Refining 5s ..... 90Z American Tel. & Tel. cv. 6s...... 114h Atchison gen. 4s ................. S71a Atlantic Coast Line 1st Is, bid .-.. s7is Baltimore & Ohio cv. A. .... 81h Bethlehem Steel ref 5s. bid ....... 93% Central of Georgia consol. 5s ..... g6
 Central Leather 6s ............. 9615 Chesapeake X Ohio cv. 6s ....... 90 Chi., Nil; &s St. P. cv. 4ss ......... 67A Colorado Southern ref. 4hs .. ST Denver & Rio Grande consol. 4s. 78
 Dominion of Canada 6s G931).... 9S& Erie gen. 4s ..............,.. 4ak III. Central ref. Is. offered .... ss% Int. Int Mer; Marine es .......:....... ssh kansas city Southern ref. 5s ..... ST Liggett & Myers 6s ............ s5K Louisville & Nashville un. 4s. q1
 Missouri, Kan. & Texas 1st 4s. 77ls Missorui Pac. gen. As ............ 63Ik New York Central deb. ss ........ 1o2N Norfolk & Western cv.s6s .......... 1osss Northern Pacific 4s ......... s5
 Pennsylvania gen. 6s .......... g7N Reading gen. As ......... Sl
 Republic Iron 6 Steel 5s (1940) ... s4
 St. Louis & San Fran. adj. 6s... T9
 Seaboard Aid Line adj. 6s ........ 24
 Southern Bell Tel. 6s. bid ....... 91ia Southern Pacific cv. 5s .... 9sE Southern Railway 5s ......... e35s Southern Railway gen. As ....... 65
 Texas Pacific 1st 5s ...... 94X Union Pacific Is 4s..,............... s1
 tIn. K. of c. B. & I. 5hs Cs3D... 1O0% U. S. Steel bs ...........,........ 102 Virginia Carolina Chem. 6s ....... ss% Wabash 1st bs ................. 97ia Wilson Go. cv. 6s ............ ssS
The Birmingham age-herald., 1922-04-08
SEA ISLAND COTTON.
By Associated Pres,

By AssOcinted Press
 Savannah, Ga, April 7.-Sea is- lands: Market quiet; fancy 41c; extra choice 4Oc; choice 36@3Sc; txar fine 32@35c; sales none; re- ceipts 2; shipments none, stock I'll. Crop in sight 2,763 bales.