davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1923-07-07
FAVORABLE TO COTTON
Good Working And Growing Weather Has Characterized Past Week

The past week has been favorable to crops generally. It has been good working and growing weather. Boil weevils are doing damage and esti- mates on cotton yield are so contra dlctory as to afford no certain guide. The American Steel and Wire com pany's weekly report says:
 "Weather was more favorable to cotton farmers, who made good head way in cultivating fields. Showers and more seasonable temperatures were beneficial to most crops in the great grain belt. Oats and wheat filling well. Harvesting going on in the more southerly section and the far west.
 Having has commenced In most of the central states and earlier reports as to lightness of crops are being borne out. Corn and potato develop ment favorable. Fruits continue to be reported as good.
 Much boil weevil damage reported from cotton growing states. This crop is very problematical, as re ports are extremely variable and con- tradictory in character. The past week has been one of agricultural progress"
The Birmingham age-herald., 1923-07-07
LIQUOR BILL TO FAIL
Author Of Repeal Bill Admits Meas
 ure Likely To Be Defented

ATLANTA, Gaa July 6.-Conced- ing that the house temperance com mlttce in all probability will render an adverse report Cn his measure to repeal the state prohibition law, thereby placing the enforcement of the Fo-stead act in Georgia entirely upon the federal government, Repre- sentative Craig Arnold, Lumplin courty, today stated he would take his chances for success in an attempt To bring the bill before the whole house when the committee verdict is read. Although many of the legisla- tors are opposed to repeal. the law maker said. q number of them have expressed themselves In favor of all lowing him to address the body on the subject. Doubt as to the passage of the measure when he moves to dis agree with the anticipated committee report was expressed by Representa- tive Arnold, but he intimated that later developments which he did not disclose, might result in a fome fav- orable attitude toward the bill.
The Birmingham age-herald., 1923-07-07
LOCAL MARKETS

s456i 3pDif775 f75 and 'hssaR smaller. 4o' box s4t0 ~ Bananas-Per lb., 7hc.
 Beans-Lima, California regular, lb. 1o1ac; Navy, Cal. lb;;; s1sc; Hayy Mlch; da Peas-California Black-eyed, h., Sac.
 Cabbage--Crate s4.
 Evaporated Apples--selah brand, 1214ci 5O-lb. box. N. T., 11Ac; 5o-15 oz. N ! E!aporated Peaches-5o-lb. box. N. Y. Peaches-Practica1ly peeled. so-11 oz GrapFefrait.54 box. 'A7S; s4-7o-so box s5 46 box, $4.5o. onions-White. Texas. crate '4; yellow Oranges-Florida Val, TIC smaller, t Florida VaL 15o, $6.50; Florida, 126 box S6 California Val. 176-smaller, s6; 16o S5.75; 126, S5.
 eapples--Crate s5.
 Potatoes-Irsh. old, lb., 2i4c.
 Peanuts-Ala. raw, h., Sc; roasted, lb. Sac: Virginia raw, lb, l0c; roasted h. ~ ParTunes-California 4o-6o. 25 lbs, ID. 16Ic; California 5O-6o, 25 lbs, lb. 14lac California 60-7O. 25 lbs. lb.. 13%c; 96- Il o2, pltited 15c; 25 lbs, 50-60. b., He 25 lbs, 6o7o. h.. 1oi2c. 50 lbs.' 6o-6o' lb' Raisins-144-5o seedless. s4.5o; a5 lbs loose, seedlsss, 1Shc; seedless. 6o-9 oz. 8stc; seedless. 5O-16 oz., 15c.
 irish Potatoes-New Red. No. l. axe No. ?. h.. 2Ac; White, lo., 4Ac.
 Lettuce-Iceberg, crae, -. . Tomatoes-M Mississippi, crate. s2.5o.
 CantaIoupes-C California pony, $4.5O PeachesEChoice. s2.25; fancy. s35o,
The Birmingham age-herald., 1923-07-07
Acreage Estimate Is Cause Of Big Decline

NEW YORK, July 6.-A very severe decline followed publication of the gov ernment's crop report in the cotton mar ket Monday. The official figures on condition were almost exactly ex- pected. but the bureaus estimate placing the acreage under cultivation al 38. 2S7. 900 acres, the biggest on record, a very distinct surprise to the trade. Be cause of this unexpectedly large acreage, the official condition Of G59 was inter preted indicating crop of 11,412, 900 bales or about TOO, 900 bales moro than the average of the private reports previously
 published. These figures were evidently disappointment to holders of contracts whose confidence may have been some what shaken previously by unfavorable e reports from the goods trade or the un.
 certainty of general business conditions. and led to heavy liquidation. The re- sulting decline continued until October contracts sold at 23.&2c on Thursday morn
 ing, making a decline from the best place touched on the advance, which had oc- cured the first of the private condi- tion reports toward the end of last month. At this price the market showed signs of an improved technical position. The vol ume of liquidation became much smaller and there was covering later in the week, accompanied by reports that cotton was to be export ed out of the local stock, and that supplies of American cotton abroad was SO low that reponishments were be coming necessary. July led the late week rallies on rumors that ocean freight room
 had been engaged to carry l5,O00 bales out of New York and comparative scarcity of contracts. So far no notices have been issued against July, suggesting that holders of the stock here are re ceiving Inquiries for the cotton and may ship instead of rendering If they find f possible to cover their July hedges. No
 improvement has been reported for the demand in cotton goods in the primary
 markets, but it is claimed that sellers are feeling more confident of values at present prices because of the raw material supply outlook. In connection with the latter lt Is Dointed out that while the end June crop indication was about zoo 900 bales larger than last years, the worlds visible sup ply of American cotton "a now only LOTT. 900 bales against 2,f41.ooo year ago.
The Birmingham age-herald., 1923-07-07
NEW YORK COTTON FUTURES
NEW ORLEANS COTTON

NEW ORLEANS, July 6.-Tho early trading in cotton today brought declines. but later on tho market rallied strongly and maintained its rising tendency into the late trading. although . good part of tho buying was done rumors from Texas. received by brokers here. of hurri- cane conditions in some portions of that state. The market retained its strength even after these rumors were denied, and closed at net gains on the day of 19 to Sl points, July closing at a range of 26.69Q Q 26.70o and October at 23.27 Q23.30c.
 Early selling resulted from reports of favorable weather over tho belt, poor ca bles and estimated sales in the Fall River market of but 46,0o0 pieces of print cloths After falling 20 to "A points under the close of yesterday, to 26.18c for July and 22s4c for October, considerable realizing this source brought about small recover ies. As the session progressed this de- mand increased.
 The appearance in south Texas of the second bale of the new crop caused little comment, although news of it was accom- panied by predictions of small move ment of crop cotton by the 18th of this month. It was generally considered that the movement could hardly be enough to affect the market. even sentt- mentally. Hurricane rumors continued to have surprising effect and late in tho day prices were at net advances of 30 to 35 points. with July up to 2S.7So and October up to 2S.3Sc.
The Birmingham age-herald., 1923-07-07
TESTERS WEEKLY COTTON REPORT

Comparisons are to actual dates not 10 close of corresponding weeks:
 Foreign exports for week, 60oo0; foreign exports same seven days last year, 2,OOo; fore. 1 20. OOO; foreign exports for season, 4,4Si 900; foreign exports same date last year, 5,S62, 900; foreign exports same date year before. 5,0SS000.
 Statement of worlds visible supply;
 Total visible this week, 2,2So, ,OOo' total visible last week. 2,369,0o0; total Visioie same date last year, 4.145, coo; total visible same date year before 6,234,0o0i of thls the total American this week l. .@0 o.9' o47 o0o: of this the total American last year. 2.s44, ,ooO: of this the total American year before, 4,205 oOo; all other kinds this week 12s6. .00O: all other kinds last week 1342O 900; all other kinds last year sOl, . OC0; all other kinds year before, 2,o2o 900 ; visible in the United states this week. 543.O0O; visible in the United states this date last year 1,o25OOO visible in other countries this week l,744oooi vsole other countries this date last year.
The Birmingham age-herald., 1923-07-07
COTTON RECOVERS PART OF LOSSES;
 CLOSE IS STEADY

NEW YORK, July e.-There was further recovery in the cotton mar ket today. Part of yesterdays late rally was lost at the opening. but after selling off to 23.54c, October rallied to 24.1Oc in the later trading or S3 points net higher, and closed at 2S.s5c. The general market closed barely steady at a net ad vance of to 3S points.
 The opening was steady at an ad vance of 10 points on August, but generally to points lower, and the market was easy during the early trading. Sellers evidently found encouragement in the disap pointing cables, and continued talk of domestic mill curtailment, and the favorable showing of the weather map. Buyers of yesterday morning were among the sellers on the de- cline which carried July off to cline which carried July off to 26.1oc and December to 0Sc or 20 to 30 points net lower. The unsettled early ruling of the stock market and foreign exchange probably helped to unsettle sentiment, but offerings tapered off at the decline, and the market stiffened up during the mid dle of the day on reports of bet ter feeling in Wall street, combined with rumors that continental buyers were making inquiries for cotton out of the New York stock. It was also reported that ocean freight room had already been engaged for the shipment of 15,0oo bales out of New York to various points abroad, and the afternoon advance was led by July.
 Contracts appeared to be scarce and prices were easily influenced by the covering of shorts who bid the market up to 26.97c for that posi- ton, or 57 points net higher. New crop months sold about 26 to Ss points net higher, advancing to 23.6oc for December, but there was renewed realizing or liquidation at these fig ures and the close was several points off from the best. There was no crit icism of weather conditions in the south and local brokers attributed the afternoon advance very largely to the strength of the July position. Exports today, 2,010, making 4,6S0,- 610 so far this season. Port receipts. 5,296. United States port stocks, 275,1
The Birmingham age-herald., 1923-07-07
BLACK RUST FEAR RESPONSIBLE FOR. UPTURN M WHEAT

CHICAGO. July 6.-Nervousness over likelihood of serious damage by black rust had good deal to do with a late upturn which took place today in the value of wheat. The market closed firm, % to 1h cents net high CT, September s1.03 B @1.03A and De- cember $1.o6A. Corn finished ss to 1hc up, oats varying Ac decline to ss gain and provisions at 2c to 12c advance.
 At first tho wheat market ap- peared to be much moro influenced by reports of the recent progress of the winter wheat here. than by the black rust danger with which the spring crop was threatened. Con ditions where harvesting was going on were reported as ideal, and the weather forecast pointed no obstacle in sight against rapidly winding up field work In Kansas, Missouri and Nebraska. With receipts in the southwest enlarging and with ex- porters and spectators showing no eagerness to buy, the market readily declined until the price of the Sep tember delivery eQualled the season long price record, S1.01i2.
 Rallies which began at this stage in the wheat market attained con- siderable momentum as the end or the day drew near and traders who had previously been on the seIlllS side, endeavored to even up accounts. Reports that weather in the spring crop was perfect for developing black rust were given renewed at tention and were supplemented by comments from trade authority here that apprehension as to possible damage was fully justified lnasmuch as the rust can accomplish more harm and do 1t more rapidly than any other scourge known. With such talk current the market closed at tho days top figures.
 Corn and oats rebounded with wheat, but only after December corn and December oats had solo at new Iou, twice record for the season. Cos sip that exporters were taking corn in ' .arge amounts had bullish effect.
 A rise in hog values here and In lard at Iiverpool gave lift to pro visions.
The Birmingham age-herald., 1923-07-07
TWO REFUSED ADMISSION
Alleged Secretaries To MonteneSrnn
 Premiar Must Leave Country

who said they came to America as secretaries to T. s. Plamenatz. for mer premier of Montenegro, were refused admission to the United States, in a decision handed down today by Federal Judge G, J. Knox. Montenegro has no status as a cCun- try now, Judge Knox held, and for that reason the men are chargeable to the Jugo-Slavian quota, which was filled prior to their arrival.
 The Montenegrins, Michel Tomich and Alexander Giokeisch, came here last April 21, with Premier Plametiz, were admitted by the immi grafton authorities, but soon afterward were ordered to report at Ellis Island. where they since have been detained.
The Birmingham age-herald., 1923-07-07
STEW LETTER

BIRMINGHAM, Ala, July 6.-Liverpool quotations came over IA points on July and 3 points on October lower than due. sales continuing light al 5000 bales, spot prices 2 points higher. Manchester cabled business dull, but a better political feel ing anticipated, which if materialized would stimulate buying power. Our mar kets opened unchanged to 15 lower than Thursdays close and ruled very quiet al to political situation was received, and there was general spurt of buying of cotton, stocks and grain that advanced all prices. The final quotations were 5 to 40 points advance for the day, the biggest gain being made in the July options as a revival of spot, demand was looked for over the improved foreign condition. Spots were quiet but generally followed the ad- vance in futures. The weekend spinners and into sight reports have been discon- tinued for the season. Fall River sales for the week were 45, 900 pieces and cur tailed production past three days was es- timated at so per cent. Worth Street was dull. Washington explained that no all lowance for abandonment of acreage was made in recent report because they found that correspondents made allowance for this factor in their condition figure. Acre December. It was said freight room had been booked for 1000 bales at New York and many are now of the belief that the bulk of the New York stock will be sold leaving very little to be rendered on July The weather and forecast was favorab and most of the trade favors sales of Oc tober such bulges as occurred today as long as this good weather lasts.-S. R. Stewart & Co.
The Birmingham age-herald., 1923-07-07
NEAR ONE BILLION
 CAIN IN CLEARINGS .FOR HOLIDAY WEEK
Bradstreets Reports Aggre- gate Of S7,70O,412,000,
 Auainst S6,877,011
By AL POSEN
By SWinnterton

NEW YORK. July e.-Bank clear ings in the United States for the week ending July Ca holiday week.. as reported by telegraph to Brad streets Journal, New York, aggre- gate $770O,4L2,0O0. against S6,S77,- o11,Ooo last week. and S,SOS,5o4,oOO in this week last year. Following are the returns for this week and last. with percentages of changes shown this week as compared with this week last year:
The Birmingham age-herald., 1923-07-07

CHICAGO. July 6.-Potatoes steady Oklahoma, sacks, Triumphs, S2.50 Q 2. 75; Cobblers, s2,75; few s2.S5 barrels, Vir- glnia Cobbers. s6.25G650.
 Watermelous very dull; bulk per car Georgia Watsons, 22- pound, $2.9O. Peaches weak; Georgia 6s Carmans. s1.75Q2; Hlleys. s25oQ2.75. st2b@l.5O; Mississippi, Sl.7592.25; lakers, soc up.
 Cabbage dull; Illinois, barrel crates, pointed, s2.2542.75; Tennessee, pony crates. $19125.
The Birmingham age-herald., 1923-07-07
o,c.co GRAIN AND PROVISIONS
CASH GRAIN

CASH GhAlN
 MINNEAPOLIS, July 6.-Wheat, No. 1 northern, s1.1O@1.15. Corn No. 8 yellow 75Q7sc Oats, No. white. S6qS7c Flax, No. 1. s2.69@2.71.
 ST. LOUIS, July s.--Cash wheat. No. 2 red, old, s1.17; No. red, $1.o9. Corn. No. white. s6@s61ac; No, yellow. sSh a sec Oats No. white, i2 F e 431zc; No. 3 white, Al F 42 hc.
 Close: Wheat. July, s1; September 73% @i4c. Oats. July. sslsc.
 KANSAS CITY, No. 64 July s;mwhsat. r.6 <, t lo4. Corn No. ? yellow. S2c; No 2 mixed, soc; Oats. No white, 4llac; No. mixed, 41c.
 TOLEDO. Ohio. July s,-wheat, cash. S1.1Sh. Glover seed, cash. $1o; October, slo.Os asked; Decembsr. slo:so; March, October. s11 asked; December. 20. Timothy seed, cash. s3.25; August. s3.75; September, sS.5o asked; December. s3.4o asked.
 CHICAGO, July 6.--wheat. No. 3 red. s1.oa; No. hard. s1.o4A. Corn. No. ?
The Birmingham age-herald., 1923-07-07
poREMUs. DANIEL S co.

New Orleans daily letter on cotton, by private wire to Doremus, Daniel & Co.,;
 NEW ORLEANS, July 6.-After opening lower today under poor cables small bust ness in the cloth markets of the country and favorable weather over the belt, the cotton market commenced to do better on weekend covering by the short interest. Late in the day fresh buying was stimu- lated by wholly unfounded hurricane ru- A,nors from Texas. These rumors caused an anxiety in Liverpool early in the day and were given more attention than they deserved In the market later. Reliable messages from Texas reported moderately heavy showers in some coast sections but rothing more.
 The weather map was generally dry and
The Birmingham age-herald., 1923-07-07
Ouer Priuate Wires
HUBBARD BROS. S co.

NEW YORK, July S.-(special.)-T market failed to follow the advance of yesterday on the opening owing to an easier Liverpool and some moderate profit taking. Shortly after the call selling made its appearance, although there seemed to be less desire to sell than for some time past. Towards noon short covering made Its appearance and sent the market above yesterdays high. The weather Is quite fa- vorable. but still the crop is quite late and we must not forget, as we have mentioned before, that most of July and all of Au- gust Is still ahead of and undoubtedly some very bad spells of weather are bound to occur. The trade, too. have bought on this decline, taking contracts out of the market. making them more difficult to replace any upturn. During the late hour there was considerable short cover ing, putting October over A cents. We still feel there is short interest in the market and that in all proba ability some advance can be xpected.-Hubbard Bros S
The Birmingham age-herald., 1923-07-07
CHICAGO POTATO MARKET

CHICAGO, July 6.--Potatoes steady; re ceipts, 54 cars; total United States ship ments, 7o2. Oklahoma sacked Bliss Fri umphs, No. l, s2.5o@2.75; Oklahoma irist Cobblers, sacked, S2.75 few best S2S5
 Virginia barrel Irish Cobbers $625 c 6.5O
The Birmingham age-herald., 1923-07-07

warm, reflecting the best of conditions for crop progress. Bringing the gulf coast were showers. light for the most part, and not extending far inland in any section. conditions. The low barometer in the northwest, however, caused some people to believe that the western belt might get considerable rain by Sunday Barometer lines over the Gulf of Mexico indicated nothing abnormal
 The second bale of tho new crop was reported in south Texas and messages from that part of the belt stated that with no rain the new crop would begin to move in a small way by July IS. Any addition to supplies, however small, will be a vel come addition, although the visible supply of American is not shrinking as fast as expected. It was put today at 1000, Al bales against 2,343So0 year ago, and likely to bring a regulation weekend market
 New York daily stock letter. by private wire to Doremus, Daniel & Co.,:
 NEW YORK July 6.-The stock market developed into a trading affair early, with somewhat firmer undertone than Thurs day. The best opinions are that the list Is scraping the bottom.
 Mack Truck came back well and 1t would appear that some interesting devel- opments in the motor truck field, which would be centered in Mack shares, are akely to be developed before long.
 As far the railroads are concerned. is in no wise indicated at this time. can prevent them from establishing 1923 as a record traffic year, and railway security owners cannot be divested of their prop erty rights or of a fair return on such property. Numerous decisions of tho United States supreme court have estab- lished this fact.
The Birmingham age-herald., 1923-07-07
COTTON SEED OIL

NEW YORK. July e-Cotton seed oil was irregularly higher. closing net gains being ls points for July and to II points for later positions. Demand came chiefly from shorts and was inspired by the bet ter tone of other commodity markets. mo- tably lard. Sales. 1900 barrels. Prime crude, Sc asked; prime summer yellow, spot. 10. 50 @ 11c; July. 1o.64o September. 10.57c; December, S.62c-all bid,
The Birmingham age-herald., 1923-07-07
LIVERPOOL COTTON STATISTICS

LIVERPOOL. July e.-Weekly cotton statistics: Total forwarded to mills, 45,000 bales of which American 2S.000. Stock, 464. 900; American. l70.0o0. Imports, 22.- 900; American, 5000 Exports, 5000; American, 1000.
The Birmingham age-herald., 1923-07-07

LIV Lhf JUL, JuIV 0.-Cotton, spot, small business; prices firmer. Good mid ding, 16.s7d; fully middling, 15.77d; mid ding. 15.62d; low middling, 15.37d; good ordinary, 14s7d; ordinary. 14.67d. Sales. 5000 bales, including 3,2O0 American. Re ceipts, 1000 bales. including 4.6o0 Amer ican. Futures closed steady; July, 14.6od; September. 1S.60d; October. 12.16d; De- cember. 12.S0d; January, 12.62d; March, 12.52d; May, 12.40d.
The Birmingham age-herald., 1923-07-07
GRAIN

(Blrmingham Grain Col No. white yellow corn, sl.20 O 1.23. No. white oats, 67 O roc. Seven per cent cotton seed meal, s44 70 46. Bran wheat, S3s44o. Wheat shorts $43G45. Corn feed meal s4S@46, Cotton seed hulls. 75-10o lb. sacks, s2i c 26. Cornmeal. s2.s4
The Birmingham age-herald., 1923-07-07

NEW YORK. July 6.--Live poultry ir- regular; broilers by freight. 33 e 39c; fowls, 36c. Dressed poultry steady; western chickens. 35@4sc. Butter steady; receipts
 S0,e55. Eggs firm receipts, 43,127i fresh gathered firsts, 24H e 2619c; New Jersey hennery whites locally selected extras
 45c. Cheese irregular; receipts, 414 ,A22 pounds state whole milk flats, fresh fancy. 25Q c 2sd; do average run, 24@241sc.
 ST. LOUIS, Mo-, July 6.-Hens 22c; springs 33c; ducks, 22c; others un- changed. Butter. 3s]2c, Eggs unchanged
The Birmingham age-herald., 1923-07-07
HIDES AND WOOL

No. i Green Salt Hides-Sc. No. Green Salt Hides-7c. No. l Green Fresh Hides-6c' No. 2 Green Fresh Hides-5c. No. Dry Flint Hides-l3c. No. 2 Dry Flint Hidos-12c. No. Dry Salt Hides-l2c. No. Dry Salt Htdes-llc' Sheep Skins-i5c QSl. Goat Skins-10 O soc. Hog Skins-l0 e Sc. Horse Hides-Sl e .5o. Tallow-4d6c
 Beeswax--23G GD 25c.
 Clear Grease Wool-5oG e 52e. Ginseng-Wild, 5000. Clear Washed Wool-40 e 42c. Bury Wool-l5@ @ 1Sc.
The Birmingham age-herald., 1923-07-07
nRV G00DS

NEW YORK, July 6.--Dry goods mar kets were quiet today. Cotton yarn was unchanged. with little buying. Burlaps ket but unchanged here for spot Cotton cloth Jagged. Raw wool sagged. Raw silk was unchanged in Yokohama, with sales negligible. Silk fabric in inventories showed stocks held by mills were slightly below normal.
The Birmingham age-herald., 1923-07-07
LOCAL SECURITIES
STATE AND MUNICIPAL BONDS

Alabama $las, 1856 ......... Ss s7 Ala Aia bsma 6s 4ssl iSao35. 435944o basis City of Birmingham, 4.5o Q 800 basis Jefferson county, 4.5OG 500 basis.
 Jefferson county warrants. 6.25 DC. 25 basis
The Birmingham age-herald., 1923-07-07

generally at 371hc. but many were holding for 3Sc ad some was sold at that price. The medium grades were rather quiet but 331a to 34-cent butter found an ex- steady to firm and active at the below prices.
 Fresh butter: 92 score, 37iac; s1 score, 36 Iac; 90 score, 35i2c; s9 score, S4hc; SS score S3%c; ST score, 33c; s6 score 32c.
 Centralized car lots: 90 score, 36%c; S9 score 35 1ac; SS score, 3ic.