davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1922-12-02
BEAR OPERATORS COULD NOT FIND MANY WEAK SPOTS
By AssocIated Press

New York, December 1.-The brisk rise fin prices in today's stock market provided further confirmation of the belief that the recent reaction had been overdone, as had the rally which preceded it. Bear . operators made a few attempts to uh- cover weak spots, but strong resistance induced them to relax their selling pres sure and extend their covering operations
 While some new buying power was Tn evidence, the buying generally was oi a strong and orderly character. Deals n standard shares ranged from large & &ifaq- tions to slightly more than points, WIlIe eome of the high priced specialtiea ad- Nanced to points.
 Copper rail and rubber stocks were the most prominent. Revival of reports that negotiations were nearly completed Tor the absorption of the Chile company by Ana per shares the speculative community pc Ing of the opinion that the sharp eompe- ttion now afforded by south AneT5San ,s,i59'al ton costs would be 1essened by Anaconda 5 control of Chile the largest south Amer, can property. Cerro de Pasco benefited most by the rally, gaining i2 points. An aconda improved 2 points and Chile frae- tionally, while gains of l to neafly ZA
 Tires Go Up
 Announcement of 10 per cent tncrease company also was interpreted as .1iil hnll card but was not unexpected keily- Springfield moved up ss United tied. States s
 Publication of more favorable October earnings statements, combined with re- norts of Increased dividends on some shares was held responsible for the better prices of rails. Union Pacific made up all hut boc of the $2.5 dividend which came off the stock today. and New York cen traI was pushed up to 9l c, net gam 9l 3A. ,a 1,a,aa,t, An5erican Can and Piggly-W tEgly ad- vanced 1 to 2 points and Studehaker anu United States Steel common large irac tinns Fisher Body Burns Bros. and Continental Can all established new peaS nriees the advances running from 10 points Mexican PetroleumNand Loflilaro Tobacco also were consplcuonsiy stFohs.
 Harvester Gains
 International Harvester, aIter eh eur y gain of 2A points, dropped back toI net loss of 2 points announcement that for inc time being no further stock diVl- dends of 2 per cent would be paid.
 Call money opened at per cent ana then advanced to 5ia. The time money market was quiet, 80-day loans being ar ranged at IA per cent and the longer ma turtles at 5 per cent. The commercial paper rate continued at 4& per cent Tor the prime names. . o+
 Foreign exchanges were stronger, most Of the other European rates showlns SUD, @ stanfiai Improvement. South American
 Dav,s total sales. S3S.000 shares. lnans- triala averaged 95.73, CD net gain 1.OS' High 1922, i0343; low. 7S.59,
 Twenty railroads averaged sh hl. VI net gain, 1.o6. High 1922, sS.ss' lo"' 73,43.
 ssx-dividend .ssb.
 ssIgx-dIVidend .312.
The Birmingham age-herald., 1922-12-02
TESTERS COTTON STATEMENT

New Orleans December l--Comnari sons are 10 actual dates. not to close of
 In sight for week t26,000: same seven days last year. S77,000. same seven davs year before, 41e.ooo; for the month, 40 ,Oo0 year before, 1O2, 900. for season. s.4es ooo. same date last year. 5,645 o0O: sa,ne dste year before. 4.7Si.0 GOO.
 Port receipts for season. 3.457, 900; same before last, 2,I1s.oo0.
 Overland to mills and Canada for sea son. 4S4.ooo; same date last wear, 76O, coo
 Southern mill takings for season, l, 7l5.000, same date last year. 1886, GOO same date year before 1,10s.000
 Interior stocks in excess of August 1. sl2,ooo; last year. 2S6.ooo; year before,
 Foreign exports for week. 27o. .ooo; same seven days last year, 124,ooo; same seven same date year before. is4l ,O0o
 Northern spinners' taknss and Canada for week. s7,ooo; for season, s7s.ooO; to
 statement of spinners' taking of Amer lean cotton throughout the world This week 40s.eop; same seven days last year. sO4.ooo, total since August l. 4.72s.oo0, same date last year. 5,340.000; same date year before, ., s51 900.
 Statement of worlds visible supply; Total visible this week. 496 1000: last week. 4.954,ooo; same date last year, 5964. 900, same date year before, 5, 75S. 900
 Of this the total American this week, & s5e 900: last week. 363s,0OO last year
 All other kinds this week 1911. 900. last week l;sl6.ooo: last wear, i.652.ooo; year before. i,e21.ooo.
 2215.00o; this date last year, 2,691.0oo Visible in other countries this week 2,752,- 900. this date last year. s.27s.ooo.
The Birmingham age-herald., 1922-12-02
MARKET
 WASSENSITIVE
 TO SMALL ORDERS
By Assoclated Press

New York, December 1-The cotton market was very quiet today and corre- spouding.v sensitive to small orders. Tho early tone was steady on rather favorable view of over holiday news. but the failure of this to stimulate more general buying was evidently q disappointment to people who carried long contracts over Thanks giving. and the market was easy late in the day under scattering liquidation. Jam nary sold off from 25.35c to 25.04o and closed at 25.06. with tho general market closing barely steady, IS to 30 points net lower.
 higher to 2 points lower on the relatively steady showing of Liverpool and reports of big end November exports. Private in Manchester, but it was stated that spinners of American cotton in Lanca- shire had voted against the proposal to further reduce their running time and would continue on the 35-hour schedule.
 Opening Bulge
 This doubtless contributed to the open ing bulge which was also encouraged by talk Of a better tone in the stock market. but the circulation of few additional December notices caused scattering near month liquidation. This seemed to make itself felt after the first few minutes and while prices held fairlyt steady in very narrow market during the middle of the
 Perhaps the weekend figures were somewhat disappointing from the bullish standpoint and there were indefinite ru- mors in bearish private ginning returns. At any rate, liquidation became a little mere active while there was no improve ment in the demand and active months sold 24 10 90 points below Wednesdays s closing figures with December touching 25.0fe and March 25o7c. Last prices were within few points of the lowest
 Tho New York Cotton exchange made spinners' takngs for the week 379.054 bales which showed rather sharp falling off as compared with the previous week but compared with 324.563 last year. EN- ports yesterday were oyer 124.OO0 bales today they were 7,ds1. making 2,31l ,s0b so far this season. against Z,5sl, So43 last year. Port receipts. 16,49s; United States port stocks. 1,096s5S.
The Birmingham age-herald., 1922-12-02
NEW YORK COTTON FUTURES
NEW ORLEANS COTTON

New Orleans, December 1.-The heavy export movement was steadying influ- ence in the early trading in cotton today but later on a sagging tendency developed under liquidation of the long accounts, and in the late trading the market turned soft under this sort of selling. From ad- vances over Wednesdays close of to II points, there was a fall to levels 25 to 2S points under. January trading up to 24.99c on the opening rise and trading as low as 24 s0c in the afternoon. finally closing at s4 .65c On the close the list showed net losses on the day of 19 to 26 points. Ex- port clearances of about 5.000 bales yes terday gave the market limited buying power on the opening. The demand was soon filled up and in the later trading no special demand arose, consequently gradual lessening off in values took place The statistical statement was considered favorable, on the whole but there was nothing in 1t. apparently, to stimulate any great amount ~ new trading. During good part of ,he session, the market ap- peared to oe waiting for something del- nite con erning ginning.
 Exports for the week amounted to 26e.- 552 bs 4es, bringing the movement thus far thla season up to 2.27s 502 bales. Mill tp sings of 40S 000 bales were considered Barge but had no effect the trading because this week last year they were 421 GOO, although this week two years ago taxings amounted to but 04,000.
The Birmingham age-herald., 1922-12-02
WHEAT ADVANCE DID NOT STICKAT
 END OF SESSION.
By Associated Press

Chicago. December 1.-Although wheat prices showed considerable strength at times today in the final dealings. the market reacted owing largely to asser- tions that some foreign buyers had been selling at less than replacement value The close was unsettled. at %c net de- cline to Sc advance, with May sl.169s to $f1G& and July $1.07A to $l.Os. Corn finished unchanged to lac lower, oats Ac to ssc off to l. c gain and provisions unchanged to a rise of 12c.
 The resetling of wheat by foreign buy CTS was said to come from France and Italy and to have been at Sc to Sc under present cost figures. Increased selling pressure from holders here was notice able and the market closed at but little above the lowest figures of the session. The fact primary receipts were agaih heavy acted as curb on bullish sentl- ment.
 Apparent prospects of immediate farm relief legislation at Washington was partly responsible for an upward tendency which the wheat market showed during the earlier dealings. Besides, quotations at Liverpool were higher,
 Corn and oats inclined to drag after December corn had touched new high price record for the season. v ne. Rural offerings of corn showed something of an increase. -
 Provisions averaged higher with hogs.
The Birmingham age-herald., 1922-12-02
Curb Market Trading
 Under Readjustment
By Associnted rress

New York. December 1.-The curb mar ket consisted today of the adjustment of trading in the Standard oil issues to the new conditions created by the Standard oil stock dividends, some of whose issues sold ex today. The first issue to be placed in new position was Standard oil of New York, which sold ex. the stock dividend of 200 per cent, only the new shares resulting from that dividend be- ing traded in and selling at ASA to 455s, reflecting some distribution against the dividend. Standard on of Kentucky large supply, declining to I1s. Ohio Oil. which was also ex-dividend, moved up from 291 to 302, but reacted from this level. Vacuum oil was strong feature In the early trading, selling at 635. The new stock, after advancing to 41A, was in supply and reacted in the last half of the day. Other new issues moved within a narrow range.
 The Independent Oil stocks were gener- ally steady. Mammoth again selling at 4a to 411a Seaboard oil and Gas was in- fluenced by the active trading in the other oil issues and showed a firm tone.
 Durant Motors the strongest in the industrial group and sold close to its high record. Stutz Motor was exceptionally weak and sold at a new low for recent trading.
The Birmingham age-herald., 1922-12-02
Final Month Has
 Good Outlook in Dun's s

New York. December 1.-Dun's tomor- row will say: The final month of the year begins with the usual seasonal charao- terlstics of stimulated retail distribution and diminished demand in most other channels. With lower temperatures and development of holiday requirements the movement of goods to consumers is ex banding, ana favorable results In this field are foreshadowed. It is an inventory period in different primary markets, how ever and not much in the way of action in this quarter is to be expected for the present. There would be larger buying now, with annual accounting in pro- gress, if needs for some time ahead had not heen we'll covered in many cases by recent commitments, or if difficulty not being experienced in securing supplies of certain commodities. The transporta- ton congestion, if still the main draw back, is not the only obstacle to prompt delivery of merch andise. for some pro- ducers are fully engaged on previous business that additional orders cannot be readily filled
 Weekly bank clearings, s5.29T.512,ooo.
The Birmingham age-herald., 1922-12-02
Rumors of Big Sale
 In Copper Market

New York, December IA persistent report that the AIhconda Copper Manu- featuring company 'is negotiating to ac- quire the Guggenheim stock in the Chile Copper company, which cropped up re- cently was revived today in Wall street. but officials of the Anaconda refused either 10 confirm or deny it.
 The report today was that the deal was almost completed except for arrange em ent of details of. payment in cash and in a new series of convertible bonds junior to Anaconda Series A 6s and Series B Is. The price said to have been arrived at was
 The amount of Chile stock said to be involved in the transaction was 2,200. 000 shares. The Chile mines are reported to be producing 14.00o, 900 pounds a year at cost of slightly cents a pound. with interest on the companys bonds amount ing to about 2 cents q pound
The Birmingham age-herald., 1922-12-02
Victory Notes Are
 Fast Being Retired

Washington. December 1.-The trea sury has retired s320. 900, ,000 in Victory notes of that issue went out July 26. Secretary Mellon announced tonight in statement in which he called to the attention of holders of such securities that interest on them would cease December Is. The Vic tory notes affected by the call include those bearing the distinguishing letters A. B. C. D, E or F prefixed to the serial numbers.
 Seven hundred million dollars of the notes called for redemption are still out standing. according to Mir. Mellon. who explained that the retirements had been accom- pished through exchanges advance redemptions and purchases for the sinking fund.
The Birmingham age-herald., 1922-12-02
- Lamborn Back in
 Cotton Exchange
By Associated Press

New York. December IA peremptory writ of mandamus was issued today by the appellate division of the supreme court directing the New York cotton exchange to reinstate Arthur H. Iamborn a broker, to the full privileges of member ship. Lamborn, senior member of Lam born x O., was suspended because em- ployes or his firm gave quotations to at- taches of the American Cotton exchange, recently convicted of operating a bucket shop.
 Lamborn contanded that he was una ware of the relationship between his em- ployes and the American Cotton attaches.
The Birmingham age-herald., 1922-12-02
Priuate Wire News
s. R. srEMARr N cn.,s LErrER


 Birmingham. December l,--The Liverpool
 futures came over this morning about 10 points better than due over Wednesdays s close but sales light at 5000 bales
 at a decline of points in their middlings
 Ca bles reported business slackening. Our
 markets opened about 10 points above the
 previous close and ruled very quiet and
 narrow until the last hour, when selling orders came in. depressing the prices to
 the low for the day. The finals were
 around the lows and 20 points or Sl a bale under Wednesday,. Spots were reported in-
 active with quotations 20 points lower
 The volume of business was the smallest in several months and marks a precIpitate drop from recent activity. due probabl to
 indispostion of traders to mako new com mtments pending the government estimate December l2 and account so many traders taking the week end holidays out of town. Exports were 132. .00o bales yesterday and today. and the weeks total bringing ship 'ments within 70.000 bales of last year wa s bullish; were the weekly spinners talk ngs of 40S. GOO. but they attracted no buy Ing of consequence. Fall River sales for the week were only 5000 pieces. The sentiment at the close today was that the
 market Will be rather small trading af fair awaiting fresh news
The Birmingham age-herald., 1922-12-02
WOOL MARKET

Boston, December 1.-The Commercial Bulletin will publish the following wool market;
 Domestic: Missouri half blood. 1T @ 4sc: three-eights blood iSM soc: nne- fourth blood. 5215c. Secured pasis Texas fine F months, si.35@1, 40; fine 5 months si.2e@l,25. Territory:. Fine staple choice, Sl.sS M l.42; half-blood combinE. S1.250 l.So; three -eighths blood comhingf 9Sc1 sl.O3, quarter blood combing. sSM92c. Pulled; Delaine. Sl.30@1.SS. AA SL2o@ l3os A supers, si.15dDl2Q, Mohairs; Besr eonbing. 75Qsoc; best carding. 7o@ 75c.
The Birmingham age-herald., 1922-12-02

Liverpool, December 1.-Cotton, spot, moderate business; prices unchanged. Good midding. 14.s4d; fully midding, l4.79d; middling. l4.74d; low middling l4.44d; good ordinary 13.S4d ordinary, 13.54d. Sales of 5000 bales including B. 300 Amer ican. Receipts. 10000 bales including 3200 American. Futures closed quiet, December, 14.1Sd; January, 14.oSd; March 1S.sSd; May 1S6Id; July, iS.46d. Octo- her 12Tld.
The Birmingham age-herald., 1922-12-02
Hubbard Bros & Go.

Members New York Stock Exchange, New Orleans Cotton Exchange, New York Pro- duce Exchange. Associated Members Liverpool Cotton Association. Orders so- Iicited for the purchase 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., 1922-12-02
WEEKLY LIVERPOOL

Liverpool. December l.-Weekly cotton statistics: Total forwarded to mills, 6i 00o bales, of which American 35.000. Stock. 694 0O0 American, 36s00o. Imports, 65, GOO: American. 3S,000. Exports, 1000; American. 1000.
The Birmingham age-herald., 1922-12-02
CnTToNSEEn OH.

New York, December 1.-Cottonseed oil was quiet and without special feature. There was some buying early on tho ad- vance in lard but prices later reacted With cotton. Closing bids were points higher to net lower Sales 10. 700 barrels Prime crude S.500S.T5c; prime summer yellow spot, 9.65c; December s.70e; March, l0O6c May 1O29c all bid.
The Birmingham age-herald., 1922-12-02
NEW YORK MONEY

New York December 1.-CaH money firm; high. 5is per cent; low, per cent; ruling rate, per cent; closing bid. 6s per cent; offered at per cent; last loan, k ner cent call loans against acceptances. AZ per cent. Time loans steady; mixed collateral, eo-9o days, "A Q5 per cent; four-sfx months, A Q5 per cent prime commercial paper, 4& per cent.
The Birmingham age-herald., 1922-12-02
DRy GOODS

New York, December I.-Eotton goods were steady today with some concessions in prices in gray goods. Yarns were quieter silk markets were steady with the demand light. Local wool markets were firm. Burlaps Were steady. Knit goods were more active in new offerings for fall 1923.
The Birmingham age-herald., 1922-12-02

Chicago, DeCenlber 1.-Sweet p0tatoes steady; barrels. Virginia yellows mostly s2.25; North Carolina whites. S1.25@1.5O; Tennessee Nancy Halls. 90cG$1. Cucum- bers slightly weaker; Floriia, crates. $50 6.5o. No auction Wednesday or Thursday.
The Birmingham age-herald., 1922-12-02
NAVAL STORES
CAx.nnna

Savannah Ga December t.-Turpen- nothing doing; last sale November 27
 sss1.45; receipts. 400; shipments. 2s; seoek, 12.t Rosn steady; sales. 96s: re- ceiptse. 2.7o3; shipments, sso; stock. 1os.- BIO Quote: B. D, F. F, s5.o5@6.f6; e, 1T. s507 @5.l7ih: I, s6.1o@b.17h; K s5.17ls G5.25; M, s5.4o; N, S5.50 45.b7h; WIG. s5.So; wv. S6.bo.
The Birmingham age-herald., 1922-12-02
PRODUCE

New York. December 1,--Butter easieri receipts. 9,so3; creamery, higher than ex- tras, 5S la p 54c; creamery extras, 92 score 53c Eggs steady; receipts s,731 cases; New Jersey hennery whites, uncandled extras. S0MS2 stafe nearby and nearby western hennery, whites firsts to extras 65 @7se. Cheese firm; receipts, 5000; state whole milk flats. fresh specials, 27is e 2Sc4s do average run, 27c.
 Chicago. December 1.-Butter higher creamery extras. 54i2e; extra firsts 500 5Sc; firsts, 4S1s G4st2e; standards. 49 i2c; seconds 4o@4Iisc. Eggs unsettled; re- ceipts. 2,265 cases, firsts ~ @ DOC; ordi- nary firsts, 4o@ 45c: miscellaneous 450 4Sc, refrigerator extras, 2sQ2S%c; refrg- orator firsts, 25 5h e Ac.
 RICE
 New orleans December 1.-Rough rice quiet; sales reported; no receipts; no millers receipts. Clean rice steady; re- ceipts. Sales reported: l,2T5 pockets Blue Rose. 1316QSJsc; 250 pockets Carolina essc. Bran and polish unchanged. POULTRY
 New York, December Live poultry easier; fowls. f7@24c; roosters, 16c; tur- keys, 45c. Dressed poultry weak: western chickens 2S@ 40c; turkeys Mo- fresh, 56 q soc.
 Duluth. December 1.-Flax seed: De- cember, s2.e9la May. S2.S4ba bid; July $z.S3 bid,
 RAW SILK New York, December 1.-Raw silk was steady; prices unchanged.
 CoFfEE New York, December 1.--Coffee futures were easier today owing to reports of lower Rio exchange, and an easier tone in cost and freight offerings. Business was very quiet, however. and after opening al. a decline of to 10 points. the market showed comparatively little change. The close was to 10 points net lower. JSsti- mated sales about 15. 00o bags. December, s.s5c; January. s.72e: March, a,45c; May, 9.12c; July, s.S4c; September s.35c.
 Spot coffee quiet; Rio Is 11c Santos 4s. 151s Ql5%c. Cost and freight offers included Santos 3s and 5s at 14.05T t450c. and Rio Is at i0@ 10.soc. American credits. The official cables reported Il decline of 532d in Rio exchange on ..onlpn. The dollar buying rate was 10 ~eis lower and the Rio market net 4T5 to $50 reis higher. Santos was 25 to IS reis lower. Brazilian port receipts. 42.000 Jundsahy. 2S 90o. Santos cleared 10.300 bags for New York and Rio 14. GOO for New Orleans. SPOT COFFEE New York, December 1.-coffee: Rio No [, 11c Futures steady; December. Ep Mutr pr
The Birmingham age-herald., 1922-12-02
FOREIGN EXCHANGES

New York, December l.--Fofelgh eN- changes firm. Great Britain. demand 1.b25s; cables 4.52h; eo-day, bilis on bies, 7.o4; Italy. 4.S3 and 4.S3h; Belgium, 6.50ia and 6.61; Germany .o1 b-i6 and .o1as: Holland. Ss.6s and Ss.62: Norway, ,sso sweden 26.96; Denmark, 20.40; switzerland 1875: Spain. 16.4o: Greece 1.4s: Poland. .Oo%; czechoslovakia. s,l2; Argentine, ST: Brazil. l212; Montreal, % 61-64.
The Birmingham age-herald., 1922-12-02
cHucAGo GRAIN
CASH GRAIN

Minneapolis. Minn., December 1.--Wheat; No. 1 northern. S1.1S5s 1.25ss. Corn: No 3 yellow. SEA- 069&c. Oats: No. white 37h Q401sc. Flax: No. 1, $247 b Q2.4S 4s !.
 Kansas City Mo. December 1.-Wheat: No. hard. sI12@1.20; No. red, S1.20Q 121 Corn. No 3 white, 70hc; No. yellow. 73hc. oatse: No. 2 white, 44Q A hc; No. 2 mixed, 42443c.
 St. Louis. December 1.--wheat: No. ? red. $1.30; NeI 3, S1S0; December, s1.l7 a; May, s1.15h. Corn: No. white, flc; No. white, 70c; December, 71ssc; May, 3. 44& o 45c: December, 45c; May 44lac
 Chicago, H.. December 1.--Wheat No. 2 hard. s120Qt.20t5. Corn; No mixed 73A Q73ae; Mo- 3 yellow, 7Si5 @7ic. Oats No. 2 white. 45A @45%c; No. white A @45c. Rye; No. 2, S6Ac. Barley, 65Q 7Sc, Timothy seed. s6@6.75. Clover seed si5a2O. Pork, nominal; lard, s1l.76; ribs, S11Q12.
The Birmingham age-herald., 1922-12-02
NEW YORK BOND LIST

New York. December 1.-Following are today's high, low and closing prices oe bonds on the New York Stock Exchange, and total sales of each bond Gin sl,Ooo);
 U s. Bonds
The Birmingham age-herald., 1922-12-02
CuICACO STOCKS
Chicago

Chicago, December 1-Armour preferred e9M; Commonwealth Edison, 1S6h Libby McNeiil, 7ls Middlewest Utilities 45; Ma tional Leather 7ss; Swift & Co.,, 1o9: Swift International, 19% United Light and Rail- way. 72: wahl 54%: Western Knitting, sL; Yellow, Manufacturing B. 20l; Yel- low Taxi, 73h.
The Birmingham age-herald., 1922-12-02

New York. December 1.-copper steady. electrolytic, spot and futures. 1878 e 14c. Tin steady; spot and futures, S6.42c. Iron steady; prices unchanged. Lead steady i: spot 7.loQ7.35c. Zinc firm; East St. Louis, spot and nearby delivery, I.05Q 7.15c Anthony. spot. 6.5o46.75.
The Birmingham age-herald., 1922-12-02
IRISH POTATOES

Chicago. December l.-Potatoes steady. receipts. l06 cars: Wisconsin sacked round whites, S0M90c cwt.; do bulk. s0c@$l owt.; Minnesota sacked Red River Ohios. S5 @ 90c cwt.
The Birmingham age-herald., 1922-12-02
F'IOUR

Minneapolis December 1.--Flour un changed to lOc higher. In carload lots family patents quoted at S6.70 c 6.T0 a bar rel in 9s-lh. cotton sacks.