davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1923-11-06
WHEAT RECEIVES SHARP PRICE CUT

CHICAGO, Nox. 5.-Wheat under went a sharp decli..e in price today owing largely to the fact that re- port to President Coolidge from of- ficials of the war finance corporation omitted to recommend increasing the wheat tariff or to advocate other im- mediate help toward raising values. The market closed nedvous & to l 5s c net lower, with December s1.06h to $1.06h @A and May $1.11s to s1.11b@A. Corn finished unchanged to A O ssc higher, oats at shade down to 1s @Ac up and provisions varying from Pc off to and 7c gain.
 Wheat started downward in price as soon as trading began, and all though some slight rallies were wit messed the close was at the days bottom figures. In addition to sell ing out on the part of holders who had been relying on expected govern ment aid, the bull side of the market was hadicapped by Washington ad- recovering. Uncertainty over the outlook for the proposed German re- parationS conference was also bear ish despite news that Belgium and Italy were no longer siding with the unyielding stand taken By France. Announcement that the United States visible supply Of wheat showed near ly 100000 bushels increase as con- pared with last Monday was more or less responsible for the further de- cline of wheat prices near the end of the day. It was pointed out that the present visible supply total is more that double that of a year ago. Bears made much also of reports that about 100 cars. of Canadian wheat, duty paid, had been received at Minneap- oils over the week
 Buying on the part of houses with eastern connections gave strength to torn, notwithstanding forecast of favorable weather. Oats followed corn.
 Prosviisons averaged higher in re- sponse to moderate buying of lard.
The Birmingham age-herald., 1923-11-06
BUYING RUSH IN COTTON KEEPS UP

NEW YORK, Nov 5.-There was a continua ton Of the buying movement started by last Friday S crop report and early reactions were not only recovered. but prices made new high records for the season on January and later deliveries in today's cotton market. December sold up from 32.1Sc to 3290c, or even with the high point of Saturday, while Janu- ary advanced from 31.7Sc to 32.55c and closed at 32.50c. The general market closed firm at net advances of 35 to 70 points.
 The market opened firm at an ad- vance of points on october and or IS to B points on the more active months, owing to very firm Liverpool cables and reports or rams Tn t1e belt over Sunday. This initial ad- vance met considerable southern selling and a good deal of realizing with the result that prices eased orr during the middle of the morning, December sold down to 321So and March 31.S5c, Making net declines of about 5 to 8 points on the general list. and reactions of about 40 to 70 points from the high records Of Sat- urday morning. There was enough buying to absorb the offerings around these figures, however, with good part of the demand attributed to the trade and prices turned up- ward during the afternoon on cover ing by early sellers and replacing by old longs who had sold out on the advance of late last week. Con- tracts seemed comparatively scarce, and the market advanced readily, selling up to 32.73c for March and 32.68c fer May during the middle or the afternoon or about 65 7 to SS points net higher and 70 to 7S points above the low levels of the morning. There was no special change in the | Inn dns1a ndfi to help the advance but the buying was undoubtedly encouraged by re- iterated reports of an improving trade in Lancashire and the better tone of the stock market. Both Llv- erpool and Continental trade inter ests were credited with buying here during the day and there was fur ther buying to fix prices for domes- tic mill accounts. Private ! caoles | from Liverpool said there was trade buying there against sales of yarns and cloths. Exports today were 6,176, making 1,S40,571 /so far thls season. Port receipts, 36,l6S. united States port stocks, 775,692 bales.
The Birmingham age-herald., 1923-11-06
SUPPORT IS GIVEN
 THROUGHOUT DAY

NEW YORK, Nov. 5.-Stock prices held relatively firm in today's trad ang which fell somewhat short of the 1,OOO,OOO shares a day pace set in the s closing days of last week. The usual market leaders showed compara- lively little change on the day, but new highs in the current upward movement were reached by Stude- baker, DuPont, Corn Products, Mack Truck and a number of other active issues.
 Opening prices were somewhat ir- regular because the market was called upon tC absorb a fairly large volume of profit taking. Shorts also renewed their offerings on the theory that the rapidity of the re- cent advance warranted at least technical reaction, but support was forthcoming throughout the session.
 Several favorable earnings reports were published during the day. Hayes Wheel reported grtss business of 15,716,000 in the first 10 months of this year as against S1296S,e00 in the entire year of 1922. Mack Trucks Onc.) showed net profits for the first nine mSnths of S5,S70.24e, equivalent to s17.72 8 share on the common after preferred dividends, as against S2,766 or SCOT a share in the corresponding period last year. 1n- ternational Cement reported net profits of S755,263 for the quarter ending September 30 as compared with $432,929 in the same quarter last year. The Douglas Pectin cor poration's net earnings for the first nine months of 1923 were S475,S36 as against S523,044 for the entire year 1922
 Buying Cf DuPont, which touched 134% and closed at 1884 for a net gain of 21s, was in further reflection of the benefits expected to accrue from the sale of a large block of it's General Motors stock to the newly organized Managers Securities cor poration.
 Prompt oversubscription of the $1oo.0o0,ooo American Telephone bond issue was construed as an in- tention of the favorable public atti- dude toward the investment market. Public utilities were helped by the rapid absorption of the Telephone A tissue. gains of 1 to 2 points being registered by Brooklyn Edison, De- troit Edison, Brooklyn Union Gas, In- Peterborough Rapid Transit, Peoples Gas, Third Avenue and Western Union.
 Some of the other strong spots Players, Coca-Cola, Cast Iron Pipe and Manati Sugar, all up point or more. Shippings also moved to Higher ground despite the state ments of P. A. s. Franklin and w. -Averill Hartman that shipping con-
  Improvement.
 Rails showed more consistent strength than the industrials, Lacka- wana jumping points but losing part of it's gain later. Northern Pa cific, and Pittsburg and West Vir- G5nia also were strong.
 Foreign exchanges showed mod crate improvement with the excep- tion of the German mark. which dropped to a new low at 20 cents a trillion. Demand sterling held around $4.46 IA and French francs around 5.79c.
 The time money and commercial paper markets were quiet, with nc change in rates
 Total stock sales, 792, shares.
 Twenty industrials averaged S9.36, net loss, .27; high, 1923, 105.SS; low, , S5.76.
 .a Twenty railroads averaged S2.75; net gain, 10; high, 1923, 9e.51; low, 79.53.
The Birmingham age-herald., 1923-11-06
NEW YORK COTTON FUTURES


NEW ORLEANS, Nov. 5.--After con siderable backing and filling in the first of the session, the cotton market today took on great strength and, in the face of great deal of realizing from older longs. went to new high price records for the season. Late in the day 1t was 69 to 77 points up with December trad ing at 32.5o cents pound: The close was 64 to 75 points net higher on the session with the finally transaction in the December position at S2.44 cents.
 Reasons for the strength were good Liverpool persistent reports that Lanca- shire spnners about to get gov ernment aid. further unfavorable weather in the belt. much talk of very small ginnings and what appeared to be good trade demand for contracts which at one stage. was said to be taking care of about everything realizing longs were selling. For a while there much talk of weaker spot basis in the interior but finally it was explained that any weak ness was in the higher grades and that it was due to the increasing demand for the lower grades. This was considered a highly favorable development and on it prices reached their highest levels.
 In the early trading the market was 16 to 30 points up, mainly the result of the good showing of Liverpool. RealiZ- ing became heavy and it son had the market at small net declines. At the amounted to to 14 points, with De- cember off to 31.76c. This was the low est in the days fluctuations.
The Birmingham age-herald., 1923-11-06
PORT MOVEMENT

New Orleans: Middling, s2c. receipts 1o,437 sales. 1.531 stock. 151.s27.
 Galveston: Middling, 324oc: receipts 15.4s7; sales, 1469; stock. 321.2
 Mobile: Middling, 3150c; receipts. 121 sales, 233; stock. 10,310.
 Savannah: Middling. s1.boc; receipts 3,5s2 sales, 919; stock, o.203.
 Charleston: Receipts. 2.10e; stock 51,o64 Wilmington: Receipts 1,34o; stock. 23.4ss Texas City: Stock. 3,692
 Norfolk: Middling, 31.76c; receipts, 3.os2 exports 3,700; sales, LOTT; stock, S6,473 Baltimore: Stock, 1.64o.
 Boston: Middling, 32.s5c: stock, $500 Philadelphia: Stock, 3.965
 New York: Middling, 33.25c; exports 2,476; stock, 33,s70.
 Minor ports: Stock, 2,41o
 Total today: Receipts. ss,1es: exports 6,176; stock, 775,450.
 Total for week: Receipts, 72,371; ex ports. 29,767.
 Total for season Receipts. 2.s11.1o2; ex ports, 1.So5,151.
The Birmingham age-herald., 1923-11-06
VETERAN CELEBRATES
Probable Lost Survivor Of LiRh,
 Brigade Observes SOth Birthday

CEDAR RAPIDS, Iowa, Nov. b. Ellis Cutting, who believes that he is the last survivor of the Light Bri- gade, whose charge was immortal lized by Tenneyson's poem, yesterday celebrated his eightyseventh birth day.
 At the time Of the charge of the Light Brigade against the Russians at Balakalava October 25, 1884, MT. Cutting was IS years of age He later came to this country and short ly after the Civil war, settled in Iowa, where for 45 years he was an employe of the Rock Island railroad.
 The old soldier is in excellent health
The Birmingham age-herald., 1923-11-06
BANK OF GERMANY

BERLIN, Nov. 5.--The statement of the Bank of Germany of October 23, shows the following changes:
 Total coin and bullion decreased 237,678, 900 marks Gold increased 23,10O.- YSV ssi ooc fp Nofes % of 'resseq otSer banks increased SAG, ,736, ,29S.O0o Bills of exchange and cheque increased 1232S4,- 429,7i2,159 900. Discount and treasury bills increased 510.400, ,157, 354, ,306, 900. Ad- vances decreased 1.os7,7s3, 392, 165. 900. In vestmeuts increased 333.22S. .917 0 090, ,000 900. Notes in circulation increased 40O,- 9so. .770.535, ,s16,o00 deposits increased increased 172,3S5.76 3s.I19.0 Total gold holdings 467,026, 900.
The Birmingham age-herald., 1923-11-06
CAEEEE MARKET

NEW YORK, Nov. 5.-The coffee mar ket was higher today on the higher ru.- ing of Brazil, covering and little trade buying. The opening was at an advance of Is to 23 points and the active months sold 20 to 24 points net higher with December advancing to 9.15c and May to 7.9Sc. The close was at about the best showing net advances of 21 to 23 points. Sales were estimated at about 21,o0o bags. December, 9.15c: March, S.39c, May, Sc; July. 7.s6c; September, 7.6sc; October,
 Spot coffee quiet; Rio Is 11c: Santos As l4% to. 15Ac. Cost and freight offers at 14.1O to 14.25c for prompt and at 14c for December, shipment;
 of 50 reis in the dollar buying rate with a decline of 1-64 pence in the rate of Rio exchange on London but the Rio mar ket was 650 to 675 reis higher and Santos was 1,15o to 1850 reis higher; Brazilian 2s.ooo, Rio cleared 2s,soo and Santos 10S. 200 bags for the United States The worlds visible supply decreased 417724 bags during October. amounting to 5324,b9S as of November l. against S,460.550 last year.
The Birmingham age-herald., 1923-11-06
FOREIGN EXCHANGES

NEW YORK. Nov. 5.-Foreign e1. changes steady. quotations in cents, Great Britain demand 4.46K cables 4.46ia Sixty-day bills on banks 444. France de mand 5791s; cables 5so. Italy. 4.4S !. Germany, .ooooo0oooo25 and 0oo0oooOOo25 Holland, 3s.64 and 3s.6s; Norway. 14.s4 Sweden, 26.3; Denmark. 17.01. Switzer- land, 17.7s1A; Spain. 13.2s1s Greece. 155 Poland. .o000h; Czechoslovakia. 2.92 Jugoslavia, 1.16; Austria, .o014; Rumania .4s Argentine, 32; Brazil, 9.20; Montreal 9Sh.
The Birmingham age-herald., 1923-11-06
RAW SuGAR MARKET

NEW YORK, Nov. 5.-The feature of the raw sugar market today was the sale of 112,000 bags of San Domingoes to two vember and December, the price to be the prevailing market quotation at time of arrival. There were no changes in the spot market with Cubas quoted at SIS bc cost and freight, equal to 6.91 for cen trifugal. There. were no sales of Cubas refner and about 5000 bags to local re- liners at 4ss to 11-16c eff. or about for Cubas.
 Raw sugar futures were higher, reflect ing the steadier tone of the spot market. There was covering by shorts for over the holiday and some scattered buying by trade interests and commission houses, and final prices were 3 to 5 points net higher, December closed 5.03c; March. 3.99c; May. 4.06c; July, 4.14c.
 Business in refined sugar continues light and prices are unchanged at S.60 to 8.70c for fine granulated.
 Refined futures nominal.
The Birmingham age-herald., 1923-11-06
INTERIOR MOVEMENT

Houston: Midding, S2.25c: receipts. 3e,65s; shipments, 22,75s; sales, s,7s4; stock 456,625.
 Memphis; Middling. 3225c: receipts. 9.SSs; shipments, 1888; sales. 25oo; stock. 118.921
 Augusta :Middling, 31.cBc; receipts, 1,773; shipments, 1,0S9; sales 1.os3; stock. 53,3S0.
 St. Louis; Mlddling, S2c; receipts. 2.o4o; shpments 1,96S; stock, 4.222.
 Atlanta Midding, 32.25d.
 Little Rock: Middling. 32.25c; receipts, 622; sales, 2,5S6 stock. 36,3S6.
 Dallas: Middling, 32, 2,90c; sales 10,6s9. Montgomery: Mddlng, 31bOc.
 Total today: Receipts, 51.4s1; ship ments, 27,09S stock, 669,534
The Birmingham age-herald., 1923-11-06
DRY GOODS
.-z. -Aa

NEW YORK, Nov. 5.-cotton goods markets advanced in the primary divi- sion today and jobbers did a fair trade for prompt delivery. Yarns advanced sharply Business was of moderate vol ume. Some of the larger lines of hosiery and underwear for spring were sold as far ahead mills would go at old prices. Burlaps were unsettled by de- cline in the price for goods afloat for distant delivery. Silks were in somewhat better demand for spring and raw silk was higher Overcoats and overcoatings sold more freely.
The Birmingham age-herald., 1923-11-06
MARKET FLASHES

WHITlNSVILLE, Mass. Nov. 5-A mills announces the sale of the buildings and 400 acres of land to the Whitin machine works which will take posses sion on before April l, 1924. The disposition of the machinery including 14 900 spndlesor. 36o looms, was not re- vealed. The mills which produce sateens and sheetngs have been in the Whtin family for more than fifty years.
The Birmingham age-herald., 1923-11-06
LIVERPOOL COTTON

LIVERPOOL. Nov. 5.-Cotton: Spot. good demand, but business moderate !; prices steady. Good middling, 19.04d :; fully middling, 1s.s4d; middling. 1s.44d i; low middling, 17.49d; good ordinary 16.49d; ordinary, 15.99d. Sales, 5000 bales. including 5000 American. Receipts. none. Futures closed steady: November, 1s.41d; December, 1s.3od; January, 1s- 24d i; September, 16.o7d; October, 15.4od.
The Birmingham age-herald., 1923-11-06
CoTToNSEED OIL

NEW YORK, Nov. 5.--After advancing to 13 points through scattered coy ering of shorts on the firmness in cot
 ton and lard, cottonseed oil reacted un- der realizing. Closing bids were to 10 points lower for near and to net high for late months. Sales 12.S00 barrels. Prime crude, 10@1o.25c; prime summer yellow spot lie; December, 11.51c; March, 11.66c; May, 11.79c, all bid.
The Birmingham age-herald., 1923-11-06
NAVAL STOKES

JACKSONVILLE. Fla. Nov 5.-Tur- pentine firm; s1hc; sales, 100; receipts, 239; shipments. 479; stock. 1759S
 Resin steady: sales. $40; receipts. 1,233: shipments: 459; stock, 136.1S7.
 Quote; B to F. $40; c to I. s4.421s s5.10@5.20; wv, $5.40.
The Birmingham age-herald., 1923-11-06
BOND BROKER HELD
Kelly Charged With Receiving Part
 Of Loot Or Robbers

NEW YORK, Nov. 5.-Cornelius J. Kelly, also known as John McLaugh- lin, bond broken, today was ar rested in his office, charged with having received part of $115,000 in bonds and jewelry, taken from the Southern and Western Life Insurance office of Cincinnati, O., when its off, fices were robbed year ago.
The Birmingham age-herald., 1923-11-06

NEW YORK. Nov. 5.-The visible sup ply of American grain shows the follow ing changes Wheat increased 1,45S 900 bushels. Corn decreased 99,0O0 bushels Oats increased 16s,000 bushels. Rye in creased 3S0.000 bushels. Barley de- creased 900 bushels
The Birmingham age-herald., 1923-11-06
FIRE RAZES PLANT
CIarksdaIc Motor Company Suffer.
 Estimated $1OO,OOO Loss

CLARKSDALE, Miss, Nov. 5.- sales and storage plant of the Duke Motor company here. was destroyed by fire said to have started from a gasoline explosion, in the building occupied by the Twelve Hundred Service Station, which adjoined that of the sales company. The loss was estimated at $100,000.
The Birmingham age-herald., 1923-11-06
NEW ORLEANS COTTON FUTURES
SPOT COTTON

NEW ORLEANS. Nov. 5.--spot cotton firm and unchanged. Sales on the spot 681 bales; to arrive $50; low middling, 2e.50c; middling, S2.00c; good middling, S3.12c. Receipts 1o,437; stock 151,s25.
The Birmingham age-herald., 1923-11-06
RICE MARKET

NEW ORLEANS, Nov. b.-Rough rice firm sales none. Receipts 3.s41 sacks, Millers receipts 3.358 sacks. Clean rice strong; sales 400 pockets Honduras. 6@shc; 1.31s Blue Rose, 4 @5c; l55 2hc. Receipts 46o2 pockets. Bran and nnlIsh. Unchanged.
The Birmingham age-herald., 1923-11-06

NEW ORLEANS. Nov. 5.--The first rice future market in America opened today on the Louisiana Rice and Sugar ex- rice growers of Louisiana and Texas present More than 500. 900 pounds of clean rice were sold in the first half hour of trading
The Birmingham age-herald., 1923-11-06
Number O AcUe Shaes Touch Ne1U High L Present. Upuad Mol
NEW YORK STOCKS

NEW sYoRK, Nov. 5-FoIlowing arc to- days sales. high low and closing prices of stocks listed on the New York Stock Exchange:
The Birmingham age-herald., 1923-11-06

WASHINGTON Nov. 5.-Grain exports last week amounted to 2.147 900 bushels compared with 4.o06,00 bushels the previous week.
The Birmingham age-herald., 1923-11-06
NEW YORK CURB

NEW YORK, Nov. 5-Following is the official list of transactions on the New York Curb Exchange, giving all stocks and bonds traded in; IndustrIals
The Birmingham age-herald., 1923-11-06
STEEL MARKET

NEW YORK. Nov. 5.-steei prices f. O. b. Pittsburgh per 100 pounds:
 Blue annealed sheets. S3.00; galvanized sheets. s4.95 G BOO: black sheets. s3.75@ S3.S5; steel bars, S2.40.
The Birmingham age-herald., 1923-11-06

pence per ounce; MoneX 2h per cent Discount rates short bills 3is per. cent
 three months bills, 31s O 1-16 per cent
The Birmingham age-herald., 1923-11-06
NEW YORK BONDS

NEW YORK, Nov. 5.-Following are to- days high, low and closing prices of bonds on the New York Stock Exchange and the total sales of each bond;
 Railway and Miscellaneous
The Birmingham age-herald., 1923-11-06
BOND MARKET
KNITTED sTATEs BONDS

IUH
 Readers should note that Libtry bonds are quoted in dollars and thirty seconds of dollars instead of dollars and cents. The fractions are designated by giving the
The Birmingham age-herald., 1923-11-06
HUBBARD BROS. & co.

Members New York Cotton Exchange. New Orleans Cotton Exchange. New York Pro- duce Exchange. Associated Members Liv :. erpOol Cotton Association. Orders solicited for the purchase and sale of Cotton and Cotton Seed oil for future delivery. Spe- cial attention and liberal terms given for cOnsignments of spot cotton for delivery.
The Birmingham age-herald., 1923-11-06
FLOUR MARKET
JONDON MONEv

MINNEAPOLIS, Miinn., Nov. 5.-Flour unchanged. Family patents S6.25@64e barrel. Shipments 61,246 barrels. Bran S27.50@2s.50
The Birmingham age-herald., 1923-11-06
LAW SILK

NEW YORK. Nov. 6.-Raw silk steady. Prices per pound: Kansei double extra cracks. $s.55QS.70 Kansai best No. l, Ss 2O@s.25. Shinshu No. 1, ss.15@S.25; Canton extras A, 14-16, S5.25 @S.S5. Shanghai China steam fil gold double deer, $9.50@9.65.
The Birmingham age-herald., 1923-11-06
FOREIGN BONDS
LOCAL SECURITIES
STATE AND MUNICIPAL BoNI

Bid. Ask. Alabama sKs. 1856 ...... s1 s4 AIabsma AIsbsns 4s ls5S iSao-ak iaia.s ssaa ,sst City of Birmingham. 4.500 05.00 basis. Jefferson county. 4.5O @ 500 basis. Iefferson county warrants. 5.25 4 6.25 basis.
The Birmingham age-herald., 1923-11-06

The earths sensible atmosphere extends more than 100 miles in height.
The Birmingham age-herald., 1923-11-06
FLAX MARKET

DULUTH Minn.. Nov. 5.--Close flax: s2.38N.
The Birmingham age-herald., 1923-11-06

NEW YORK, Nov. 5.-w. R. Compton and company offered today an issue of road improvement six per cent bonds at prices to yield 5.4 per cent.
The Birmingham age-herald., 1923-11-06

WASHINGTON. Nov. 5.--The Central of Georgia railway asked the Interstate
 Commerce Commission today for permis-
 sion to cancel its entire issue of preferred stock. having a par value of s15,o00 900, and to issue like amount of common stock in it's stead. All of the securities are held by the Illinois Central railroad and for reasons of simplification it is de- sired to abolish the double classification.
The Birmingham age-herald., 1923-11-06

NEW YORK, Nov. 5.--Under the inn petus of continued active mill buying and support from commission houses based on low crop ideas, cotton prices had another strong advance. New high levels were reached with January touching s2.6oc; points above Saturdays close.