davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1922-05-07
Firmness Marks
 Bond Trading
By Associated Press

New York, May 6.-Firmness, which later developed into pronounced strength accompanied today's broad dealings in the bond market. Liber- ties were active and made moderate recoveries from recent lower levels.
 There was little alteration in for eign war issues, but Danish munich pal Ss "A" and "B" gained 21a and points, respectively. Chinese Rail ways 5s also rising two points
 Railroad bonds were mainly better especially issues of the Atchison, Southern Pacific and Seaboard Air Line systems.
 Trading in local fractions was quieter, but mostly at additional gains, Brooklyn Rapid Transit Is and allied certificates rising 1 to 1A points with New York Railway 5s. Total sales. par value were $S,661, ,000. Next weeks underwritings will in- clude s75,000,0oO of federal farm loan Az per cent bonds, to be offered by the twelve federal reserve banks on Monday at par and interest. Treasury officials emphasize the fact that this is the first issue of these bonds at AZ per cent in almost three years. They add that the present satisfac- tory state of the investment market should assure their prompt absorp- tion"
The Birmingham age-herald., 1922-05-07
SHORTSPRESSED SOME EFAVOR|TES
 IN STOCK MARKET
Weekly Reviews Had Little Bearing Upon the Financial Markets Aside From
 New UnderMitingS
By Associated Press

New York, May 6.-Shorts awaited themselves of the week-end session in the stock market today to effect a reaction of quoted values by direct ing pressure against the ails, espe- cially Mexican Petroleum.
 Losses of l 10 points In that division were fully neutralized by gains of the same extent In mum ber of industrials, chiefly the inde- pendent steels and several utilities. notably gas shares.
 New Haven was among the stocks to register a new high record for the year on further extensive accumu- lation, but rails as a class made little further contribution to the days business.
 Weekly reviews had little bearing upon the financial markets aside from announcements of new bond un- derwritings. Foreign exchanges eased slightly from yesterdays highest quotations, sterling falling five eighths of one cent from it's maxi mum.
 For the first time In month the weekly clearing house statement re- ported a contraction Sr actual loans and discounts The decrease of $19. sos. 900 in that item was accompanied by an increase of S33, ,669, 900 In net demand deposits and a cash gain of S17.324.000 increasing excess reserves to 0,736 GOO, the largest total since the latter part of March.
The Birmingham age-herald., 1922-05-07
Speculative Circles Not Impressed With
 Large Sales Days
By Associated Press
 t~ Af~- IEII z

New York, May 6.-Following the lines of least resistance the stock market this week emphasized more or less irregularly the moderate re- action Of the preceding week on a smaller volume of business. There were a few exceptions of this tend sncy, especially among the oils. Even in that group. which held undisputed leadership, there were frequent man. ifestations of liquidation for profits.
 Sentiment other than in speculative circles evidently was less impressed oy the continuance of millionsha days. The undertone of standard rails and high grade industrials in- dicated an excess of supply over de- mand.
 Few of the clements which gave rise to the bull market of the last two months were lacking. Money re- niained cheap and the high rate of production recently reported by man ufacturers of basic materials was maintained. Railroad earnings af- forded further ground for encour- agement and the strength of interna- tional currencies marked the passing of another so-called crisis at Genoa.
 The coal strike apparently entered only casually into the calculations of
 
 count and fears of drastic cuts in freight rates were almost entirely dispelled.
 General business. according to lat | est authoritative surveys, shows further hackwardness. due mainly to unreasonable weather. The inqury ] ,or principal commodities denotes steady growth. however, and the me tai market improved on an increas- cd foreign demand.
 Prevailing trading conditions are regarded by observers as more stable than those of any similar period for the last Is years. The protracted pro- i cess of deflation, especially in mer- chandise 1t is argued. minimizes any Likelihood of premature business ex- l pensions such as caused the serious disturbances of 1907 and 1909 and the short lived boom of 1916. Moderate. commercial and agricul- iural requirements will tend to keep money rates easy until the turn into mid-year or longer, it is believed l Foreign demands on this country financial resources are likely to re- main in abeyance pending the out come of the approaching conferences of the interallied separations com l y,,ic self
The Birmingham age-herald., 1922-05-07
NEW ORLEANS COTTON

New Orleans, May 6,-Better
 weather in the belt was an influence against cotton values in the early
 trading today but a little later the
 demand strengthened on account of a better business doing in the cotton goods markets of the country and on the favorable tone of week-en re- views of trade in general. After breaking 12 to 19 points under the close of yesterday. to 1S0Tc for July, the market steadied and reacted to a level unchanged to 5 points up, com
 pared with yesterdays final prices.
 July trading up to 1Sa5c. The close
 was steady, l point up to points down, net on the session. with July at 1s.23e.
 The weather map was practically dry throughout the cotton belt while temperatures were higher in nearly all sections, with a marked rise in Texas. For a while this overshadow-
 Cd all other features but no buying
 of the market and these buyers made
 no secret of the fact that they were talking hold because of better opin- ion of trade.
 The low barometer over the ex- treme edge of the belt seemed to off,
 set the first feeling of satisfaction
 over tho change in weather condi- ton, the opinion of many traders be- :ng that this meant more rain for Texas although the official foreca st took the opposite view. In the late trading some of the steadiness was due to private reports from central Texas complaining of a scarcity of seed for replanting.
The Birmingham age-herald., 1922-05-07
COTTON TRADING
 WASLESS ACTIVE
 DURING WEEKEND
General Staple List Closed Steady at a Net Decline of Six to Twenty five Points
 on the Day
By Aasooiated pro.z

New York. May s.-The cotton market was less active today with irregular fluctuations suggesting a disposition to even up accounts for over the week end or the presence of conflicting influences. After selling off to 18.70c, October rallied to 1S.92c but the advance was not fully main tained. That delivery closed at 1s.S3c with the general market closing steady at A net decline of to 25 points,
 The morket opened at a decline of to 10 points on the active positions and soon showed net losses of 19 to 35 points with May selling off to 1922. July to 1885 and December to 1873. This was the result of realiz- ing or scattering liquidation by com mission houses, while there was also local selling on expectations that i'm proving weather conditions in the south would lead to further reactions rom the peak of the recent advance. At decline of about 60 points from the high price of Thursday, however, the market was steadied by trade buying, and there was covering by carly sellers on the rally of some 15 to 22 points from the lowest. This carried May up to 1889 and July to 1873 but scattered realizing contin- ued and the close was several points off from the best The days weather news was more favorable and local map readers expected favorable con ditions tomorrow, but the outlook was not altogether clear and there was moe or less nervousness with regard to possible developments over Sunday Some very much more fav- orable crop reports are being receiv- ed from the eastern belt indicating increasei acreage with an increase of the use of fertilizers and cotton up to good stands in some sections.
 According to some authorities planting east of the Mississippi river will be completed by the middle of next week There was no improve rnent in the crop news from the southwest, however. and buyers on the decline here evidently found en- couragement in the reports of larger sales in the cotton goods market and firmer prices Easier foreign ex- change rates and talk of an unsettled tone in the stock market, with a de- cline in grain probably accounted for some of the Wall street and western liquidation.
The Birmingham age-herald., 1922-05-07
STOP LOSS ORDERS WERE UNCOVERED
 IN THE WHEAT PIT
All Three Grains on List Were Weaker and Made Frac- tionaI Losses, While Pro-
 visions Up and Down
By Associated Press

Chicago, May 6.-Stop loss. orders were uncovered in May wheat on the board of trade today and prices were carried off sharply. The deferred deliveries being affected by the May. At the finish wheat ranged from un- changed to sAc lower with May s1.s6h to $1.s6% and July ls1.23A to SPA. Corn was off 1ac to Ac while ranged from unchanged to Sc lower
 Wheat was heavy in tone. There came from commission houses. The May broke to new low on the present decline, the inside figure shortly after the opening being sc under the high point of the week. Trade in this delivery was light and prices were easily influ- enced. The deferred deliveries were weaker in sympathy with May but the bulk of the trade was of local character. Crop reports generally from the winter wheat territory arc showing improvement. although a period of dry and warm weather would be beneficial. Deliveries on May contracts this week, aggregated 2,291 bushels of wheat.
 Corn and oats held within rela- lively narrow limits with oats show ing stubborn resistance to pressure, while corn eased off fractionally. Sen timent Is somewhat less bullish on corn. Field work is progressing rapidly with scattered reports of planting coming from Illinois and Missouri and with favorable weather country offerings to arrive are ex- pected to show considerable increase by the close of next week.
 Provisions were dull and prices held close to the previous days fin ish.
The Birmingham age-herald., 1922-05-07
WINDOW REPLACES PoRrHoLE
By Briggs

A notable feature of the modern passenger ship is the change from the old restricted circular porthofe to the square type of window of gene erous proportions, described and illus trated in the Popular Mechanics Mag azine. The improvement is compar- able to the change ashore from the old diamond pane to the balanced window sash. But. of course, at sea
 the ordinary framed window sash will not stand the exposure to spray and rain, where water-ti tightness is essential, without constant care and attention. For this reason 8 frame less window has been devised which consists entirely of thick plate glass with we'll -smoothed edges. They are used in all deckhouses, charthouses and on the bridge.
The Birmingham age-herald., 1922-05-07
Sugar Crop Was
 Largest in Years
By Assnciated Presa

Washington, May 6.--Louisiana's s 1921 sugar crop was the largest in 10 years the department of agricul- ture announced today. It's final re- port on last years cane harvest plac- cd the output at 324,431 tons of sugar and 6,454SSS gallons of syrup com pared with 169,127 tons of sugar and 4.6S9.3S3 gallons of syrup in 1920.
The Birmingham age-herald., 1922-05-07
FOREIGN EXCHANGE Ry AsaorIafefl presa

New York. May 6.-Foreign ex- change irregular, Great Britain. de- mand 444as sixty day bills on banks 4.421. France, demand 9.f5i2 ca bles 9.16. Italy demand 5.35; cables 535iz. Belgium, demand S.3919; ca . bles $40. Germany. demand .S4 ca bles .34 K. Holland, demand 3S.SS; cables 3S.36. Norway. demand 1885; Sweden demand 25.S0. Denmark, de- mand 21.20. Switzerland, demand 1882. Spain, demand 15.62, Greece demand 4.52. Poland. demand .02h \ NCzecho -Slovakia, demand 1.97. Ar genuine, demand 36.37. Brazil de- mand 1412. Montreal asas.
The Birmingham age-herald., 1922-05-07
Wishes to Abandon
 Boat Line Seruice

Washington. May 6.-The Georgia Florida and Alabama railroad asked the interstate commerce commission today, for permission to abandon services on its boat line between Car rabelle and Apalachicola, Fla. dis tance of 32 miles. The water trans portation on this route, maintained Tn addition to it's rail line. the railroad complain. said. had failed to pay ex- .perses for several years.
The Birmingham age-herald., 1922-05-07
LIBERTY BONDS
 By Associated'Pr~ sew YoPk, May 6.-Liberty bonds
COFFEE MARKET By Associated Press

New York, May 6.-The market for coffee futures opened at decline of : to points under scattered realiz- ing or liquidation promoted by the somewhat unsettled showing of the Brazilian cables. The decline was checked around 10.2Sc for July by the> covering of near month shorts, however. and prices were fairly steady later in the morning with July selling up to 1O37c. Later months were slow to rally but after selling off to s.9sc, September closed at 9.sSc bid. The general market closed net 5 points higher to 10 points lower. Sales were estimated at 27.o00 bags. May 1o.55c; July 10.37c; September 5.95c; October s.sSc; December 9.76c; January s.75c;f March 9.75c.
 Spot coffee quiet; Rio Is, 11Hc; Santos As. 14a @14%c.
 There were very few cost and freight offers. It was reported that bids of 14.25c for Santos 4, prompt shipmen. and of 13.25c for future shipments were not accepted and that the shippers said that it was impos- sible to offer owing to the uncer- tainty of exchange.
 The official cables reported de- cine or % tO luV iciS III Aho iNAS market and of 100 to 325 reis in San tos with the dollar 20 reis lower and exchange on London h penny higher at the close yesterday. Special cables of 10 reis in the dollar buying rate today with Rio market 75 to 275 reis lower Brazilian ports receipts S2,0o0 Jundiahys 21o00. Santos cleared 9,So0o for New York and Victoria 2,0C0 for New York.
 SPOT COFFEE
 By Associated Press
 New York, May 6.-Coffee, Rio No :, lhc.
 BAR SILVER
 By Associated Press
 New York, May 6.-Foreign bar silver 69c; Mexican dollars 62%c.
The Birmingham age-herald., 1922-05-07
Hubbard Bros. & Co.

Members New York Stock Exchange, New Orleans Cotton Exchange, New York Pro- duee Exchange. Associated Members Liverpool Cotton Association. Orders so- ticited 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., 1922-05-07
METAL MARKET Rv Assoriotad praea

New York. May 6.-rhe copper mar ket has been firmer during the past week on continued moderate de- mand for domestic consumption and export. Small lots of resale or strap copper appeared to have been pretty well cleared and the market is being made by the larger producers who are quoting 1Sc for spot and nearby copper and in some instances asking an advance of hc for forward de- liveries. Iron was firm.
The Birmingham age-herald., 1922-05-07
CHICAGO GRAIN By Associated Press
CASH GRAIN By Associated Press

Chicago. May 6.-wheat. No. 9 red, s137A No hard. s1.s7tk61.375s. Corn. Nc. 2 mixed, 62@6eAc; No. ? yellow, 629 62Ac. Oats. No. 2 white, 4oA a Al Ac; No. white, SSA @sea4c. Rye. No. 3. s1.05, Barley, 67@7 74c. Timothy seed. s455G6. Clover seed. s12@22. Pork nominal; lard. s11.S5; ribs. s12.5o@1S.50.
 St. Louis, May 6.-wheat. No. 2 re I. s1.44; No. 3. s1.34@1.35 May, s1.a4; July, S1.20%. Corn, No. white, 61Ac: May, COG: July. 62Mc. Oats, No. white, 41c; May, 3SMc: July 41Ac.
The Birmingham age-herald., 1922-05-07
RICE MARKET Ry Associafad Press

New Orleans. May 6.-Rough rice dull; no sales, no receipts. Clean rice quiet. sales reported: Five hundred and eighteen pockets Blue Rose at I4@4%c; five pockets Carolina at Sc; | 517 pockets screenings at 2ssc; re- ceipts none. Bran and polish un-
 changed.
The Birmingham age-herald., 1922-05-07
LONDON MONEY

 London. May 6-Bar silver 35d per ounce; money l F per cent. Discount rates short and three months bills 3,a a6b5-16 per cent.
The Birmingham age-herald., 1922-05-07
PORT MOVEMENT

By AaSOclcse0 fress New Orleans: Middling. 1S12c;
 receipts. 3.4ss; exports, s,29S; sales, 32s; stock. 226.375 Galveston: Middling, soc; re-
 ceipts, 4,ss7; sales. 1.5oo; stock, lss.- 474.
 Mobile: Middllng. 17.5oc; receipts. 4s5. stock. s.7s4.
 Savannah: Middling, 1s.1sc; re-
 ceipts, 2,so2; sales, s4s; stock, 1os,- s51.
 Charleston: Middling. ls1sc; re- ceipts. ss4; sales. 75; stock, so.ss7. wilmington: Receipts, 6o7; stock, 2e.so4. Texas City: Stock. 7,o2s. Norfolk: Middling. ,1Sc; receipts, 71T: sales. Ss1; stock, 92.27S. Baltimore: Stock, 24S4. Boston, Middling. 19.S0c; receipts, 240: stock. 11,400. Philadelphia; Stock. 5.17e. New York: Middline. 1s,55c: re- ceipts, 103; exports. 195; stock. 121,- 745. Minor ports: Receipts. 1S,41S; ex- ports, 13.41S: stock, S.2s0. Total today: Receipts, 26,S16: ex- ports. 2l,911: stock, S91,691. Total for week: Receipts. 26.S16; exports. 21,911. Total for season. Receipts, 5.3Ss.- 33s. exports. 4.s52.70o. INFERIOR MOVEMENT By Associated Press Houston Middling, 1S.15c: receipts. 2.s31: shipments, 1,601; sales. S,so7; stock, 156.s7S. Memphis: Middling. 1Sc; receipts. 7ss: shipments. s,s44; sales, 100; stock, 14S.57b. Augusta: Middling. 1sc. receipts, 2,576: shipments. 2.5s5; stock. 2s.o57. Atlanta: Middiing 1s.1oc. Little Rock: Middling, 1sc; rec ceipts. 25e: shipments. 47s: sales. 500: stock. 4s.s7l
 Dallas: Middling. 17.7sc; sales s.os2. Montgomery: Middling. l7soc:
 sales. 164. Total today: Receipts, ,7,544; ship
 ments, 24.sss: stock. 4S2,ss3.
The Birmingham age-herald., 1922-05-07
LIVE STOCK


 East St Louis, H., May 6-Cattle. receipts 500. Compared to week ago: Beef steers, 10c to 15c lower: light yearlings and beef cows 25c higher; bulls, 25c to 40c higher. Bolognas ap most; vealers. soc to 75c higher; can ners and stocker streets steady
 Weeks top on steers and yearlings, ss75; weeks bulk prices, steers, s760 @S.25; yearlings, s7,6o6s.35. cows. s525@ s.25; eanners, sS.25Q $50, bulls, s475m 5.e5.
 Hogs. receipts. 5000; market 1Oc to l5c higher; closed weak; top, slo15; bulk good butchers. sf0.75O 10.S5, pigs steady; packer sows most ly good.
 Sheep, receipts, 200 Compared to week ago. shorn lambs steady; spring lambs and haudyweight sheep 25c lower; heavy sheep, 50c to s1 lower.
 Chicago, May 6.-Cattle. receipts. 500. Compared to q week ago beef steers and fat she stock largely . steady; in-between grades yearlinss in both classes 156 25c lower. week $ top yearlings. S9.25; top heavy steers, $9.15, canners and cutters steady :; bulls 254 S5e higher; calves 5o@ 75c up; stoekers and feeders steady to weak; y-eek's bulk prices on beef steers. S7.T5 M S.60; stockers and feed CTS, sT.25@ 7.90, butcher she stock s5.75M q 725; canners and cutters. s3.75 a i.65. Bologna bulls. s4.90@5.25; beef bulls. s550G6.50; vealers, S7.75@S.S5. Hogs. receipts. 5000; active. mostly 15c to 20c higher than yesterdays average top s5.l5; bulk, s1o.156 1o7o; shippers bought about 1.500; hold over light pigs and packing sows about steady.
 Sheep receipts. 4.ooo Today's re- ceipts practically all direct; com pared week ago lambs and yearlings steady to 25c lower; handy sheep mostly soc lower; strong weight and heavy cows, slQl.50 lower; weeks : bulk prices shorn basis. fat lambs. $40 14.75: yearlings. s1150@12.5o: wethers. s9@1o; ewes. s799; native spring lambs, $15G16.
The Birmingham age-herald., 1922-05-07
SPOT COTTON

New Orleans. May 6.-Spot cotton quiet and unchanged; sales on the spot BPS bales; to arrive none. Low middling lss7c; middling 1s12c; good middling 19.12c.
 New York. May 6.-Spot cotton quiet; middling 19.55c.
The Birmingham age-herald., 1922-05-07
POTATOES By Associated Press

Chicago. May 6.-Potatoes weak; wisconsin. Michigan sacked and bulk round whites s1.50Qs1.65; new stock weak; Louisiana Triumps 1oo-pound sacks S4.500SA75; Florida double- headed barrels spaulding Rose No. |. $e.2b@$6.bo: No. 2. s4.259345o.
The Birmingham age-herald., 1922-05-07
Ouer Priuate Wires
8. R. STEWART < CO.'S LETTER


 Birmingham. May e.-The cotton market continued to rule steady dur ing the short session today and the weekend found prices $5 per bale above last Saturdays. The early prices were 10 points lower on bet ter weather map. less demand for the May option In New York and large offerings. possibly against the cotton said to be on the way there. There was also considerable liquidation for the week end but also a good demand from scattered sources. Liverpool was a good buyer of the Octobers and the Japanese interests bought July and October. During the last half hour the weather map became more unsettled with indications of more rain over the entire belt, which brought In fresh buying. causing values to react and finish around those of last night. Spots were un- changed to 10 points lower in the southern markets with sales reported good.
 The Genoa conference continues to look dark and there was talk of ad- journment. The coal and textile strikes continue unchanged with both sides holding out and seem satisfied of the anticipated results. Fall River sales for the week were esti- mated at quarter million pieces. sales in the southern spot markets for the week was around 100000 bales, 16000 were sold yesterday, ex- ports for the week were 125,000 bales. The resistance shown to fair weather predictions is evidence that public confidence in higher prices for cot ton is based on something more tan gihle than fleeting change in the weather-S. k. Stewart & Co.
The Birmingham age-herald., 1922-05-07
WAITING
"All Frou y,tdra

From Judge.
 Quite long line in the doctors office"
 "Yes"
 Lot of men ii1r Not i'll. Hopeful
The Birmingham age-herald., 1922-05-07
NAVAL STORES

Savannah, Ga, May 6.-Turpentine firm. ssc; sales. IS; receipts, 227; shipments. 21a; stock. 2,45s. Rosin firm; sales. 6s5; receipts, 4s7; ship ments. s14; stock, 52.o1o. Quote: E. s4; D, s4.05, E. S41O; F, C. H. l.. s4.2o; K. s4.25; NJ. s450; N, S5; wg, s1E0; Wv. s5So
The Birmingham age-herald., 1922-05-07
PRODUCE Rv Assoriufnd pr~aa

ny Assoc1htcd Fres6
 New York, May 6.-Butter firm. Eggs firm. Fresh gathered extra firsts. 2s1a @2915c; firsts. 2617 G2shc. Chicago, May 6.-Butter unchanged; eggs higher; firsts. 24@241sc.
The Birmingham age-herald., 1922-05-07
HuBBARD,s LETTER

New York. May 6.-Our market opened steady about 10 points off
 Shortly after the opening consider able selling was in evidence, prob ably some weekend liquidation
 However. there were substantial buy ing orders which checked the market each time, causing it to rally to opening prices. Later on prospect of more rain in Texas over the week. end fresh buying was noticeable
 More buying is attributed to the trade, whereas. heretofore, commis- sion houses were principal buyers. This is very good indication of bet ter business. Hubbard Bros. & Co.
The Birmingham age-herald., 1922-05-07
NEW ORLEANS COTTON m. a.-~tuk-I D~~.-

New orleans May 6.-The cotton mar ket closed steady at 1 point up to ? point down net.
The Birmingham age-herald., 1922-05-07
DRY GOODS MARKET

New -York, May b.-OOttOn BUUuS ware firm today with trading steady in drills, sheetings, print cloths and fine gray goods. Yarns sold more freely at higher prices. Announce ment was made that one of the large mills (Amoskeag company had can celled all orders for fall ginghams and the balance due on spring ging- hams, owing to it's strike troubles. About 50,000,00o yares of standard staple goods are reported to be in yolved.
 wool goods were firmer and more business was reported in worsted mems wear. Silk showed a slight inn provement. Burlaps were firmer in the heavy weights.