davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1923-07-28
FOREIGN BONDS
Ouer Priuate Wires
HrrBBARD BROs.' LETTER

NEW YORK, July 27.-(SpeciaI.)- Liverpool cables were again disappoint- ing and further selling occurred on the opening and immediately after. There was no particular news to cause the market to advance and during the morn ing the market was rather dull and easy The weather map was posted and showed evident in Texas. The weather there continues dry with extremely high tenn peratures. After the noon hour, there was some telegrams with rumors of rains in Texas but these were unfounded but not until after the market had eased off somewhat. Business was rather quiet weather particularly. If Texas does not get relief in the very near future, we can expect very sharp rally. We under stand that the basis was somewhat easier in the south this morning. Selling con tinued and the market closed at prac- tically the low point of the day.-Hubbard Bros 6 Co.
The Birmingham age-herald., 1923-07-28
Hubbard Broa. & Co.

Members New York Cotton Exchange, New Orleans Cotton Exchange, New York Produce Exchange, Assoeiated Msmbers LivsTyocl Cotton Association. Or. dsrs solieited for the Purch.se and sale of Gotten and Cotton Ssed oil for future delivery. Special Attsntion and liberal tsTms given for consignnsats sf spot cot. ton for delivery.
The Birmingham age-herald., 1923-07-28
ropp,cX EXCHANGE

NEW YORK, July 27.-Foreign eNcIs IIs irregular. Quotations in cents csbies 9bss StisJiij 4 Eeilis sO-day bills on banks 4 4.56as,. France. Fra % 5. e1 and 5:sl F. Italy, 4SS and and 43s1a Belgium. 8S 6n1i and 4SS Io,sn +; GeF nd Ta1S' as4SY 'VGGid and ss48iA. Norway. 1s21, Sweden, ss- Denmark IF .o gs; swi5zer- 15
 an6 O06h Czecho- -Slovakia, 2. .sS Austria. .ooi4A. Rumanis, .52,, Argen- tine. SI Brazil. 10 .46. Montreal, 9' 12'
The Birmingham age-herald., 1923-07-28
COMMERCIAL BULLETIN REVIEW

BOSTON. July 27-Ths Commercial Bulletin will say tomorrow:
 The demand for wool ts not essen tialiy broader or deeper this week than 1t was last week but there is a contin- uance of the improved tone in the mar kot which became noticeable week ago and while the initial opening of light weight goods by the American Woolen company has not known any definite reaction so far wool is concerned. 1t may be said that buyers of cloth and dealers in wool consider the opening as tending to stabilize conditions through out tho entire Industry.
 '-The foreign markets are generally steady. with Bradford showing a better tone on the whole. On the less attrac- tive wools (of which there are not many), left in South America prices are slightly easter. It Is difficult to see, however. where any Fundamental weakening in wool values Is likely to occur abroad.
 Tn the west tho market had become considerab bly, Quieter, most transactions be- ing on consignment with scattering sales at 4o@4s cents for the most part
 "Mohair moves very slowly but prices are steadily maintained"
 BAR SILVER
 NEW YORK, July 27.-Bar silver 62Ac Mexican dollars, 4sc.
 STEEL
 NEW YORK, July 27.-steel unchanged.
The Birmingham age-herald., 1923-07-28

CHICAGO. July 27-Cattle: Receipts. 4,OOo; dull, uneven. closing weak; mod market quiet; killing quality plain; few plain steers and yearlings rather numer- ous; bulk beef steers and yearlings, $75OQ9.75; top steers. s1o9o; long ings, s7.5O Qp9.75; in between kinds weak; canners and cutters, strong to l5c higher: and feeders dull at weeks decline Hogs: Receipts, 42.ooo; fairly active and mostly l lOc higher than yesterdays average on noon demanding 1oc lower prices; clos ing extremely dull; bulk, 16o to 24o SDR B1Hn good asi'stsS aad choice s5S to bound butchers. s7.35 @7.5O; packing sows most ly s6Q6 25; strong weight pigs mostly Receipts, lS, ,OOO; fat lambs, steady to 25c lower; bulk. good and choice westerns. SIP. 50 e 12.75; top to city butchers; sl2S5; ing light; culls steady, ss@s.6o; sheep, s1O; choice twos and threes to packers, sS. 5o;, some aged wethers. go: medium lots choice light weights up to S7; heavy weights sS.5O@425; feeding lambs around 25c lower.
 LOUISVILLE. Ky. July 27.-cattle: Receipts 2oo slow; weak s heavy so ,stser steers stocRers' ss.6oGs.75 Hogs; Receipts 11,, 900; 15c higher; l66 pounds up; T65; 12o down, iS' $ down. sheep: Receipts, s'4oo; steady; lambs, s12Q12.6o; sheep. $S.6o Q i $50.
 Receipts, 2,8oO; 15c higher; heavy. s7.5O c ITS; packers and butchers, s7.So@7 90: 1: 7so. Cattle: Receipts. 500; slow; steady; sows, $2.75@7; calves. steady Sheep:
The Birmingham age-herald., 1923-07-28

Professional Specuators For The Decline Take Possession
NEW YORK CURB

NEW YORK. July 27.-Followlng is the official list of transactions the New York Curb Exchange, giving all stocks and bonds traded in:
The Birmingham age-herald., 1923-07-28
BOND MARKET
UNITED STATES BONDS

Readers should note that Liberty bonds are quoted in dollars and thirty seconds of dollars instead of dollars and cents. The fractions are designated by giving the mum merator only.
The Birmingham age-herald., 1923-07-28
roNDO( MONEy
MrTAr MARKET

yoNDON. July .7.-Bar silver 30 13-1e Sd var onnoe. Money, l% per cent. Dis eount rates, short bills, 3 per cent; three months bills. 3h q 3-16 per cent
The Birmingham age-herald., 1923-07-28
NEW YORK STOCKS

NEW YORK. July 27.-Following are today's sales. high. low and closing prices of stocks listed on the New York Stock Exchange;
The Birmingham age-herald., 1923-07-28
CuICAGO STOCKS

CHICAGO, July S;mAermeS9r aesrneS 7a 9 Com ate SS1bis F F 'h 4AANA Y etaoin shrdiu Sn shr q.wea!th EdigGa; diiggG3anr;patiohal aaa4s sT 1s Union rorbide hg1k: Yellow Manufacturing D. e45. Yellow Taxi, 90ha.
The Birmingham age-herald., 1923-07-28

NEW YORK. July 27,-Copper steady; electrolytic, spot and futures 1SSs 9 T. ,,S 7S tnres, sss7039c. Iron steady: prices UT, un- changed. clad firm; spot nd pesrnv Soe Zdnc des livery. 625@6. soc. Anthony spot 7.Se % | .4hc.
The Birmingham age-herald., 1923-07-28
FORCE RECESSIONS OF I TO 5 POINTS THROUGHOUT LIST

NEW YORK, July 27.-Finding that operators on the long side of the market were unable to make any headway because of the marked ab- sence of public participation, profess sional operators for the decline took command of today's stock mar ket and forced recessins of l 10 Q points throughout the list. Nearly two score stocks established new low records for the year, United States Steel common touching SSA and Great Northern preferred and North ern Pacific selling at their lowest prices since 1896.
 Circulation of reports that several oil companies are seeking tempof- ary financing to provide storage fa- cilities. lower quotations for wheat cotton and other important commodl- ties and unfavorable cable reports spired selling for both accounts. The rapidity of the decline Tesulteu in the closing out of several weak ened marginal accounts, the volume of sales being more than double that of yesterday.
 Selling was concentrated first on the Northwestern railroad shares, special emphasis being placed on the fact that some larger systems had sot earned their fixed charges Tor <seVeral months, the prospect of re- duced earnings this fall because or the lower wheat pFlCtS anu llle ili creasing competition in coast to coast business provided by the Pan anna canal Great Northern preferred got low as 561a and Northern Pa cifc was down to 5S1s the closing quotations being slightly aooNe those figures.
 Other rails also lost ground de spite another series of favorable June earnings reports.
 Baldwin broke 3 points to 59it I52, American Can was down 3A at SIS B and American Sugar was down . at 60.
 Pan-American issues were among the hardest hit in the oil group, the A showing a net loss of 3 Il and the B 4 points. Marland broke ! E ana Cosden, Producers and lteNnetS' Standard oil of California, Philips Petroleum and General Asphalt were off 1 to 512 points.
 Call money held at per cent all dav. Time money business was quiet with brokers bidding per cent ana bankers asking 5A, few three anu four months m&turities belNS al ranged at the higher figure,
 Foreign exchanges were heavy de- mand sterling dropping 3 points to s4.91 and Italian lire dropping points to 43Sc. German marks Solo as low as S3 cents a million put rallied later to $1.05.
 Total stocks sales 73i900 shares:
 Twenty industrials averaged SS.o';
 High 1923, 1O5.3S; low SEGA. ,o. Twenty railroads averaged 7SlZ'
 High 1923, 9O.63; low 76S5.
 MONEY MARKET
 ,1ulV 97.-CalI money was
The Birmingham age-herald., 1923-07-28
NEW YORK BONDS

NEW YORK. July 27.-Following are todsy's high low and closing prices of bonds on tho New York Stock Exchange, and the total sales of each bond:
The Birmingham age-herald., 1923-07-28
Little Market Flashes

WASHINGTON. July 27.-- Railroads were ordered today by the interstate commerce commission to discontinue by October 19 next, the fixing of freight rates on common veneer. which exceeds rates charged for lumber in similar weight and distance shipments Rates on figured veneer or veneer made of val ua ble wood, however may be maintained Is per cent higher than lumber rates while rates built-up wood covered with veneer may be 10 per cent higher than lumber.
 NEW YORK. July 27.--German marks sold on the local foreign exchange maz- ket today for 90 cents million, the lowest in history. Before the war the nominal rate of exchange was 2S.s cents each.
The Birmingham age-herald., 1923-07-28
sTEyyART'S LETTER


 pool came over about as due with light sale. of 49oo bales at r,da decline ot A cabled business at standstlll and trade in reactionary mood. Our markets opened 15 points lower than Thursdays close and the market was under genuine bear hammering most of the entire session which caused \ net decline Q: 100 points for the day. Spots were quiet and gem orally quoted 50 to 100 points down prices ranging from 21.75c at Fort Worth ing selling was in October and December which carried these months down 50 points where the market stood until a telegram came from Oklahoma City re- porting much cooler weather and a mes sage from Washington stating that no re port of the acreage abandoned would be in renewed selling forcing prices down into new low grounds Texas temperac z lures remained high with no rain of consequence Miss Giles places the con dition figure at sos per cent of normal, with yield of 11,30o 900 bales, this re- port shows a deterioration since July g. The stock market was very weak and this factor helped the decline Outside condi- tions continue very bearish but cotton it. self does not warrant this decline and purchases on further breaks should prove profita ble.-S. R. Stewart & Co.
 DOREMUs. DANIEL & co.
 New York daily letter on stocks, by private wire to p0remgs LSne G.: dr,,.s at the rail shares, especially the north western lines, undermined confidence in the whole list and there was gradual giving way of prices in many quarters, the oils being under considerable pres sure while there was scattered selling of the steels and other industrials. Money and industrial conditions in this country are not much changed, and traffic figures commerce and trade. All these things, however. apparently meant little to in yestors who continue to hold off or stand pat on their present lines With this situation the market will be more or less at the mercy of professional operations. New Orleans daily letter on cotton, by private, wire, to Doremus, Daniel & Co. NEW ORLEANS July 27,-rhe main controlling influence in cotton today was the hope that Texas and Oklahoma would get rains and the general verdict was that should the expected moisture ma of the western belt would be assured. An influence of hardly secondary importance was the streng 1hened conviction that the July condition figures are going to show some improvement over the June percent age this resulting from the private bu- rsau reports of tho day. The weather map aside from rain indications in the west was improved over what it has been of late next to no rain being noted in the eastern belt while cloudy weather and cooler temperatures prevailed in the west During the day many points in Texas wired in that the weather was cooler and that it was cloudy and threatening rains These reports constantly stimu- lated selling Rumor had it that very large operators were taking the short
The Birmingham age-herald., 1923-07-28
BUTTER MARKET

CHICAGO, July 27.-The butter mar ket today was quite firm and well cleaned up. Butter scoring better than s9 was particularly scarce, and the sup ply of lower scores was far from liberal. The car market was steady to firm. with trading fairly active. Fresh butter: s2 score 40c, 91 score 3sc. 30 score 3sc. ss score 37c. 8S score s6c. s7 score 36c, SC score 34hc. Centralized car lots: % score 40hc. 8s score 3shc, ss score a7c.
 partly on . belief that the hot, dry spell in the southwest was about over. It was said officially that tho coming govern ment report will not include an estimate of percentage of abandonment of acreage or percentage of damage by boil weevil.
The Birmingham age-herald., 1923-07-28
LOCAL SECURITIES
STATE AND MUNICIUAL BONDS

BId. EABk. Alabama ahs 1s5e ......... sS S1 Aisesms Isesms ;s iissse-sb. issS i.a594iio basis City of Birmingham, 4.50 9b.0o basis Jefferson county. 4.5o 06.00 basis Jefferson county warrants 5.26 9b.2b paeis
The Birmingham age-herald., 1923-07-28
nrN'S REVIEW
DUN'S REVIEW - NEW YORK July 27.-Dun's tomorrow


 VII "IHesitstion characterizes the situation in some important staple lines ana O1ts Gnecn Nt s early orders. but in other departments so ol trade new business Is ill fair volume TOT |. this season. Conditions as to the srow ing cotton crop bear heavily on the mar a s5 ttefs for cotton goods. and while some m, e {erest is always manifest at this period; ~ V |, Is greater this year because or 2n,ltte tse larger cotton acreage and the posslbillt! is very heavy yield In the o,!'a meantime i9ir me Rtton gods pFduetn is ,ndisposed ga5srdS tS con tinue with existing uncertainties. NeN England producers now report sunstam stan active with prices for staple grades hlgn n. er Even in the Iron and steel industry Curiailment of production now just ap- f.parent Is on orders booked ear4ter ID pi+,a tne year, Blast furnace aStlyity ,dss in 'Hs weekly bank clearings, s5ss2.6so,ooo.
 vss COFFEE MARKET
 g. NEW YORK, July 27.-The market TOT TOT .eoffee futures had a dull opening with prices net unehange9' but odn1afe imptfeVfta Trade and commission house buying, with the ciose steady and to points net higher. E Gsc and December from T PIC to ! Slc. Sales were only 12.0o0 bags, and specula- tive interest all day was Tgnt se6oe'Npev e6 Jsv 8, Ole. December 7.Slc. March f'zoc' -haS
 Spot coffee steady: Rio 7s. 19% .eiI Q 11S; z ,soffers were higher; prompt shipment bour, Scne. 5 and 6s being II 9-16g.-% and and future shipment Ss and 6s, 1OAc. Fart bourbon Ss and 5s were 1oRc. p,o s,, f,lres 25 reis lower to 100 reis higher and sSantos 100 to 175 reis higher Rio ex- Chanpe on London was 1-32d lower. A spe- otaI Rio cable reported that market net 400 reis lower to an advance or EVo @ lels, with exchange on London 3-64d net lower .And the dollar buying rate lo res nietler' I xRoceipts at the two ports, So,VuVi Jun ediahy receipts. 39.oOO.
 SUGAR MARKET
 NEW YORK July 27.-The raw sugar market was weak today ana prices nns s Sers Mc lower. There were sales of 40 goo bags of Cubas to a local retiner at Mc. co3' aRd freight equal to 6.e1c for centrifugal, during tho carly part of the day, ana later 10000 bags of Cubas were sold t9 an outport refiner at 1-lbc, cost aha athe close Cubas were offered for August shipment at 5c. cost and freight ou' found no buyers.
 The raw sugar futures market was easier under renewed selling pressure prompted by the weakness in the spot market and the easier ruling in the Lon don and French msrkets. Trade Interests and houses with Cuban connections were the principal sellers, and final prices were at the lowest of the day, and from 10 1s points below the previous close. Cios- fng: septenn ber 4.79c, December 4.2Sc. March 8 .3sc, May 3.42c.
 The market for refined sugar was un- settled by the decline in raws. but there were no changes in quotations, which are listed at 8 75c for fine srsnuated; little new business was reported.
 Refined futures there were sales of two lots for September delivery at s. 50c, or unchanged rom the previous close,
The Birmingham age-herald., 1923-07-28

| Receipts. $500; strong. Lambs active and steady.
 KANSAS CITY, Mo, July 2T-CattIe: Receipts 5000: calves 1,200: very slow practically no beef steers sold; few loads grass steers. s5.5o@6.5O; yearIinrs scarce about steady, best 1925; she stock, slow and ebout steady; bulls, weak few bo- lognas. s4.3544.75; calves. steady; top dull; very little demand; four loads s12.55 pound cake-fed Texas to finish CTS, at ss,1o. Hogs: Receipts. 5000; ship packer market, uneven to 6@10c higher; bulk of sales. S7.10@740; bulk. desira ble 1S0 290 pound. s7 30@740; packing sows mostly s5.s566.25; stock pigs, steady; bulk. S5.76a625. Sheep: Receipts 5000 ; mostly Texas wethers; killing classes gen eraly steady; southwestern native lambs s11.s5. Texas wethers. s7G7.5o.
 EAST ST. LOUIS III, July 27-Cattle receipts 1000; no native steers in; west ern steers steady to shade lower; canners steady to 26c lower at s2G25o COWS weak at S4 96; other classes steady. Calves. western steers, s5. .soQ625. ~
 Hog receipts, 5000; active mostly 25c higher; mogs, s7 30; bulk lights $7s09 CTS. s7.6o@7. 80! pigs slow; sales too few bulk, $6. Sheep receipts. 500; market quiet; few lambs, VIZ; steady considering quality and sorts; culls, s7; fat ewes, $6. 50. OIL CITY REPORT
 OIL CITY, Pa. July 27.-Credit bal ances, S276. Runs, 7s,33o; average 4s, S95; shipments, 72,211, average 52621
The Birmingham age-herald., 1923-07-28
MONEY MARKET

NEW yORK. Juiy 27.-Call money was steady: high 5, low 5 ruling rate 5, closing hid 5, offered at 5h last loan D. cal. ioens against acceptances Az, time loans SirIn: mixed collateral. 60-9o days 59 bH: 4-6 months, 5q 5i4; prime conner cial paper, 5Q5M.
The Birmingham age-herald., 1923-07-28
MISCELLANEOUS BONDS
BANK STOCKS
INSTANCE STOCKS
MISCELLANEOUS STOCKS

Ala. Nat. Life (psr 1o) ....., II Pro. Life Ins. (par 1o) ........ 20
The Birmingham age-herald., 1923-07-28

OIL CITY REPORT OIL CITY, Pa, July 27.-Credit bal ances, S2.75. Runs 76,33o; average. A. S96; shipments, 72,211, average 52627
The Birmingham age-herald., 1923-07-28

Total sales of bonds today were s7,6zs,- 900, compared with $6.432, 900 previous day and S10, ,9S1, GOO a year ago.
The Birmingham age-herald., 1923-07-28
LIVE STOCK MARKET

DoREMUs, DANIEL ( co.
The Birmingham age-herald., 1923-07-28

| Receipts. $500; strong. Lambs, actlv
 and steady.
Worcester Democrat and the ledger-enterprise. (Pocomoke City, Md.) 1921-1953, 1923-12-08
Steamed Apple Pudding.

Mix and sift two cupfuls Of flour,
four teaspoonfuls Of baking powder,
one-half teaspoonful Of salt. Add two
tablespoonful of butter and three
fourths of cupful of milk; toss on a
Toured board, pat and roll out. Place
four apples cored and cut in eighths
IN the middle of the dough, sprinkle
With sugar, cinnamon or nutmeg and
little salt; bring the dough up
around the apples and place in but
tered mold. Steam an hour and half.
Serve with cream and sugar.
Worcester Democrat and the ledger-enterprise. (Pocomoke City, Md.) 1921-1953, 1923-12-08
ENGLISH EDITOR
LAUDS AMERICA
FOR TELEPHONES
Declares Government Owned System
At Fault For Poor Service.

Declares Government Owned System
At Fault For Poor Service.
"'They do things better in America
is a remark which would appear to be
capable Of special application to the
telephone service" says a recent
editorial in the Northern Daily Mall,
of Hartlepool, England.
The Hartlepool paper quotes at
some length from an article In the
London Morning Post, contrasting
the 'austere aloofness' Of (the British)
State-operated department with the
more business-like methods obtaining
across, the Atlantic" The American
service is praised for making installa-
lions promptly, and for more consid-
crate treatment Of subscribers whose
payments fall into arrears.
: Another feature Of the American
system" says the Northern Daily
Mail, sis that of appointment calls
over long distance lines. In this coun-
try one may waste both time and
money telephoning to a distant town
only to find that the person sought Is
not in. The Bell Company in America
deals with this difficulty in special
manner, the operator arranging an ap'
.pointment.
I'VE fear that we are a long way
from attaining to facilities such as
this" the English paper remarks; and
1t adds, in conclusion: "As the Morn
ling Post observes. our system, like
THE majority of State-operated depart
iments, is devoid Of imagination, elias
ITCHY, and appreciation Of public feel
Ing"
Worcester Democrat and the ledger-enterprise. (Pocomoke City, Md.) 1921-1953, 1923-12-08
"IlAVY DAY" IS PLANNED
FOR U. s. SEA FORCES
Officials Intention to "CIear Up
Confusion About Water De-
lenses" Wins Praise.

With the approval of the Navy de-
partment, the Navy League of the
United States is planning another
"Navy day." when it hopes to center
the country's attention on its defenses
by sea. The celebration will take
place Oct. u.
The following letter from Acting
Secretary Roosevelt to Robert w.
Kelley, president of the league, prom
Using the cooperation Of the Navy de-
partment in making the day success.
was made public ut the leagues head
quarters:
1T is the right of our people to be
fully Informed on the vital problem
Of national defense. The navy is our
bulwark. Behind its protection our
people are able to carry on their lives,
develop their ideals, and live in the
: righteous peace we SO earnestly de-
sire.
1T is the right arm of our State de-
partment, and translates our national
announcements from empty words
into statements that must be given the
most serious consideration by all.
Whereas we are all working for every
legitimate economy in government, we
should never let "a penny-wise, pound
foolish policy govern our naval estab-
liShment.
'"The department will gladly CO.
operate with you and help in any way
to make the people realize their vital
interest in the navy"
In letter to Mr.. Roosevelt, Mr..
Kelley declared the purpose of the
celebration was to clear up much
confusion of thought" about the navy.
"Our army and navy have been de-
nounced as symbols of war, their Off
GERS and men it's advocates" wrote
Mr.. Kelley. "This is not true. All
classes are united in a desire for
peace. None desire it more than army
and navy men, who realize more keen
ly than others the horrors of war.
They seek only the strength that will
maintain peace"