davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1924-08-20
RALLY FOLLOWS
 COTTON BREAKS
Offerings Much Less Act. i've And Net Gains
 Reach 70 Points

NEW YORK, Aug. 19.-The recent severe break [. the cotton market was followed today by rallies. Offerings were much less active. There was prob ably some trade buying, as well as COW ering, by recent sellers on the advance. which carried october contracts up to 25.93c, or 38 points above yesterdays closing quotations. That delivery closed at 2575c, with the general market clos ing easy, owing to a late furry of of ferings, but at net adyanfes of 20 to 70 points.
 The market opened firm at an ad- vance of IS to 28 points on covering promoted by relatively firm Liverpool cables and a feeling that the recent heavy selling had left the market in a firmer technical position. There was further commission-house liquidation and some selling by the south, pre- sumably in the way of hedging. but the offerings were quite readily ab- sorbed. Prices worked up to 25.40c for December during the early afternoon, when active months showed net ad- vances of 38 to 50 points and recoveries of about 60 to 10 points from yester- days low levels.
 The disposition to cover short con- tracts in advance of the government crop report, scheduled for publication next Saturday, was probably promoted by feeling that an increase in esti- mates had been discounted by recent private reports and that the market was entitled to rallies after the break of over Sc per pound from the high prices of last week. Demand failed to broaden materially on the advances, however, and the close was 15 to 20 points off from the best under renewed liquidation and southern selling.
 r,.,,.o ..,cra vrixxafa ovou raTaor4e xzrara issued, one of them making the eondi- ton 65.6 and the indicated yield 13.- 100, 900 bales, while the other placed the condition at 65.3 and the indicated yield at 12,S0o,00o bales.
 Exports today, 9,073 bales, making 92,0s1 so far this season. Port receipts, s,ss6 bales. United States port stocks, 19s, ,203 bales.
The Birmingham age-herald., 1924-08-20
NEW ORLEANs COTTON

NEW ORLEANS, Aug. 19.-The cot ton market was quieter today than for several days; and, although prices fIuctuated erratIcally, the tone was firmer and at one time the level of values was more than $2 bale above the previous close. At no time during the day did prices drop below yester- days close. The market opened 23 points up, with both October and De- cember at 2495c. The main cause of the better opening was the compara- tive steadiness of Liverpool. After sev- eraI fluctuations, October settled back to 24.7Sc, and December to 24s72cs or about even with the previous close. There was a rally later in the morn ing which carried October up to 25.15c and December to 25.16c, or 43 to A prices eased off moderately in the late trading and the close showed net gains for the day of 27 to 31 points.
 Favorable cables gave the market a fair initial upturn, but this was not held; but later in the morning shorts covered rather freely, owing to fears that the tropical storm today reported to north of Porto Rico might hit the Atlantic coast. The failure of the weather map to show the rainAA pri- vately reported yesterday was, an add ed stimulant to the rally. Numerous reports received during the day of dam age being done in Texas by army worms and of increasing depredations by wee vils In the eastern belt encouraged some B4ying, principally by Chicago inter ests.
 Both the New Orleans and the New York exchanges will close a quarter of an hour earlier than usual on Saturday, or before the government report is Issued, so as to avoid the congestion and confusion of executing an ava- lanches of orders-at the close.
The Birmingham age-herald., 1924-08-20
STOCKS ACTIVE
 BUT IRREGULAR 46 Issues Attain New Peak Prices During
 Days Session


 NEW YORK, Aug. 19.-Bullishness in a select assortment of coppers,, public utilities and industrial specialties fea- tured today's irregular and active stock market. Forty-five- issues at- tained new peak prices during the ses- sion, including eight metals, six rails, five public utilities, four tobaccos and three rubbers. z 6Extensive profit-taking continued throughout the five hours of trading, particularly in the steels, equipments motors and dividend-paying rails. Davi- son Chemical broke seven points to 45% when number of stop-loss orders were touched off, but 1t rallied later to 4S. Net losses in most of the other active issues were held to a point or less.
 Allis Chalmers was the outstanding strong spot in the speciality list, clos ing 6h points higher at 66h, new 1a24 top, on buying undoubtedly influ- enced by reports that orders on hand were sufficient for six months capacity operations. Other specialties to sell at their best prices of the year were In- ternational Business Machine, Texas Gulf Sulphur, May Department Stores, Gimbel Brothers, Fleischmann, Ameri- can Radiator, Postum Cereal, Union Tank Car and General American Tank Car.
 {. American Can led the standard indus trials by climbing four points to a new peak price at 134A, while American Lo- comotive moved up two points to a new top at S2M. United States Steel eased $ to no and Baldwin and Stude- baker also closed fractionally lower.
 Public utilities strengthened under the leadership of Western Union, which advanced more than four points to 11S. Other issues in that group to break through their previous high prices were Brooklyn Edison, Brooklyn Union Gas, All-American Cables and Manhattan Virginia Railway and Power and Pacific Telephone moved up three to four points.
 < Coppers and shippings continued to discount the benefits expected to result from the adoption of the Dawes plan, Marine preferred, American Interna- tional corporation, American Smelling, Anaeonda, Inspiration and several otners moving to new high ground. lkEew York Central touched 110%, it's highest price since 1916, but Union Pacific, Lackawanna, Illinois Central, Canadian Pacific and several other high-grade carriers fell back on profit taking. Nickel Plate dropped three points to 110%. International Railways of Central America preferred jumped two points to a new top of 55 in re- Election of record-breaking July earn lngs.
 Call money held at per cent, but large "outside" loans were arranged below that figure. Time money and commercial paper rates were unchanged with business quiet.
 Further weakness cropped out in the RnrateT, axNhan0a rnarknt. Hau1and @fer~ ting dropping nearly Sc to below $4.50, and French francs yielding about 12 noints to around 5%c Other European rates yielded in sympathy. Canadian exchange sold at par for the first time this year.
The Birmingham age-herald., 1924-08-20
INTEREST IAGS IN BOND MARKET
Foreign Issues Unable To Shake Off Effects Of
 Realizing


 NEW YORK, Aug. 1s.--Unsettled by continued profit-talxihg. tho bond mar ket today was nikSlzed by narrow and uninportant price fluctuations. Most of the foreign fssueS were unable to shake off the depressing effects of realizing and heaviness of the Euro- pean exchanges. although Serbian ss broke through their previous high rec ord to new top at s0h.
 The Tagging interest in bond trading was attributed in some quarters to 2 desire of many recent purchasers to unload their holdings at existing high levels in the belief that money rates will begin to harden this fall. An- other factor tending to discourage ac- curnuIation of listed issues was aaid to be the tendency to await new ok- ferings in order to obtain more satis- factory yields.
 Trading in railroad liens provided few features of interest St. Paul ts- sues encountered profit-takins. Dut con tlnued unusually active, with large turnovers of the per cent bonds ma turing next year. T1sese lowered niisht- ly below the year's record of sz, eStab- lished yesterdax. Northern Pacific 4s led a moderates advance in highygrade issues and revival of activity took place in the Missouri Pacific and ln- ternational Great Northern obligations
 Contrasting movements in the 1n- iustriaI list were reflected in gains of 1 to 2% points In Wilson < Co. 1s and Republic Steel 6hs, and losses of about a point in Cuba Cane Sugar 8ss Wick wire Spencer Steel Is, Magma Copper IS and Indiana Steel 5s.
 New financing scheduled for tomcr- row includes SIG, 0,000, 900 6 per cent pre- ferred stock of the North American company offered at s4s for . $50 par value share. Among other offerings ur- ierstood to be- in preparation are a s10,000,000 bond issue of the Thomas CusacIx cornpazly, advertisers, and s2,- OO0, 900 issue f6f the United Fuel and Supply company
The Birmingham age-herald., 1924-08-20
DRY GOODS

NEW YORK. Aug. 19.-Cotton cloth prices broke today, a decline of Ac a yard being registered on some of the wide print cloths and 1-16c to Mc on some of the narrow goods. Buying was nttel better than on Monday. Finished goods continued in moderate demand, but largely for spot or nearby delivery. Agents were selling only stock goods at current prices in many instances. More activity was reported in new spring lines of wash fabrics. Wool and worsted goods for the spring are being engaged moderately by buy CTS who are now operating on the new price basis fixed yesterday. Raw silk was quiet and unchanged. Burlaps were slightly firmer on spots. Silks were in moderate call.
The Birmingham age-herald., 1924-08-20
sUGAR ArARKEf

NEW YORK, Aug. 1s.-Raw sugar was quieter today, with offerings at last prices of 5.58c for Cuban, duty paid.
 Early declines of ? to 4 points in raw sugar futures as a result of scattered liquidation inspired by more liberal ok- ferings in the spot market were fol- final prices were unchanged to four points net higher on active positions. September closed at 3.6sc, December at 8.74c, March at 8.33c and May at 84Oc.
 Refined sugar was quieter and un- changed at 6.7696.90c for fine granuf lated.
 Refined futures were nominal.
The Birmingham age-herald., 1924-08-20
-pnrArn NIARKET

CHICAGO, Aug. 19.--Potatoes were slow on account of rain; market dull. Receipts. 92 cars. Total United States shipnnents. 688 cars. Kansas sacked Irish cobblers, s1.8O@140; Missouri sacked Irish cobblers. S1.25@1.S5; Kan sas sacked early ohios, $1.16@ .26; Min nesota sacked and bulk early Ohios, S1 .2O@1.sO; Kentucky sacked Irish cob blers, Sl.6501.70; NebraslSa sacked Irish cobbiers, $1.45@1.50; Virginia barrel cobblers, few sales at $2.75.
The Birmingham age-herald., 1924-08-20
COTTON SEED OIL

NEW YORK, Aug. 19.-Cotton seed oil was quiet and unsettled today, with transactions mainly in the way'of even- ing-up ahead of the census report on stocks and consumption. Steady show ing in cotton and lard partly offset easier grains. Closing bids were 2 to 8 points lower for the near months and l to 2 net higher for late months. Sales, 11,30O barrels. Prime crude, 12c, nomi- nal; prime summer spot, 14c bid; Sep tember closed at 13.67c, October at 12.6Oc, all bid.
The Birmingham age-herald., 1924-08-20
LTVERPOOL COTTON

LIVERPOOL, Aug. 1s.-Spot cotton, fair demand. Prices steady: Strictly 17.55d; strictly .middling, 16.95d; mid ding, 15.S5d; strictly low middIing, 15.25d; low middling, 14.55d; strictly good ordinary, 14.05d; good ordinary, 13.30d. Sales, 5000 bales, including 2,sOO American. Receipts, 6,0OO bales, .in- cluding 4,000 American. Futures closed quiet and steady: August, 15.13d; Sep tember, 14.s6d; October, 14.52d; Decem- Der, 14.25d; January, 14.2Sd; March, 14.25d; May, 14.2Od; July Qs25), 14d.
The Birmingham age-herald., 1924-08-20
RT0n MARKRT

NEW ORLEANS, Aug. 19.-Clean rice, strong. Sales, 4s2 Honduras at 6Nc; e67e; 1,4SS Blue Rose, 6h@eAc; 100 Carolina at 7c; 161 second heads 45sc; 100 screenings, 3Hc.
 Rough rice. strong. AEilIers' receipts 4,S96.
 Bran (per ton), s24@25.
 Polish (per ton), $S0@31.
The Birmingham age-herald., 1924-08-20
FOREIGN EXCHANGES

NEW YORK, Aug. 19.-Foreign ex- changes, easy; quotations in cents: Great Britain, demand, $4.49M; cables $4.49M; 60-day bills on banks, 4.46M, France, demand, 5.3s; cables, 5.ssh Italy, 4.441s @4.45; Belgium, 5h@5.Oi; Germany (per trillioH), .23B; Holland 3s.76; Norway, 1885; Sweden, 26.52; Denmark, 1920; Switzerland, 1882; Spain, 1889; Greece, 1.84; Poland, 1874 CzechoslovalSia, 2.99; Jugoslavia, 1.24k Austria, .0014; Rumania, .46 Argen. tine, aS.75; Brazil, S.95; Tokyo. 4lK; Montreal, 99 S1-32.
The Birmingham age-herald., 1924-08-20
cURB EXCHANGE

NEW YORK, Aug. 1s.-Continued active trading, with several issues reaching new high levels and easy absorption of profit-taking sales, fea- tured the curb market today. The gen. sraI forward movement was checked temporarily in the early part of the session, but fresh buying brought re- covery, enabling weaker issues to hold their ground. Transactions were heavy In utility, radio and coal shares, and the oils were well bought. American Power and Light touched a new high at S75 for gain of about IS points, and New Jersey Zinc also reached new level for the year at 165, up five points. Lehigh Valley Coal certificates lost fractionally in transactions exceeding I7,O00. The radio stocks were mixed Rova Radio gained slightly on turn over of 10000 shares, while Dubilier lost fractionally in trading of lesser volume. National Tea closed three points lower.
 South Penn led the oils with gain of five points in contrast to a drop of 5K by Red Bank Oil.
The Birmingham age-herald., 1924-08-20
F FOREIGN 0I BONDS ,
STOCK LETTERS

NEW YORK, Aug. 19.-A remarkable demonstration of strength in a number of standard issues, under the leader ship of American Can, was the feature of today's market. This stock, on a tremendous volume of sales, moved up to a new high price level for 1924, at 1s3%; American Locomotive rose to s2; Western Union jumped to 11S. while Allis Chalmers advanced 6h
 points to 66h, as a reflection of im- proved financial outlook for this com pany. Earlier In the day the market displayed certain irregular tendencies and considerable profit taking was in evidence in different directions. A 2 point break in Davison Chemical as a result of catching of many stop loss order in the market, and several favor able statements of earnings were the outstanding news developments of the day. On the whole the tone was buoy ant, and a great many people feel that present stock prices in many cases did not fully discount the long distance prices which will eventually grow out of complete settlement of European difficultios.-Fenner & Beans to- Kahn 6 Virgin.
The Birmingham age-herald., 1924-08-20
NAYAL sTOREsR

2 JACKSONVILLE, Fla, Aug. 19.- Turpentine, steady: s5Ac. Sales, 200; receipts, s76; shipments, 1,452; stock, 1S.77S.
 Resin, firm. Sales, 1,313; receipts, s,65s; shipments, I1,715; stock, 127,901. E Quote: B, S4.6S; D, $4.S0; E to I, $4.sTh; K, S4.9O; M. $4.s5; N, $5.15; VIC, S6 10: wv, $6,60
The Birmingham age-herald., 1924-08-20
CALL MONEY

steady: High, per cent; low, per cent; ruling rate, per cent; closing nd. 3 per cent; offered at 2A per cent;
 fast loan, per cent; call loans against acceptances, 1h per cent; time loans, easy; mixed collateral, 60-s0 days, 2s9
 2% per cent; 4-6 months, 3@3A per cent; prime commercial paper, 3Q3h per cent
The Birmingham age-herald., 1924-08-20
FLnuR MARKET

MINNEAPOLIS, Minn., Aug. 1s.- Flour was unchanged to Sc lower: Family patents, H.7o@1.sO barrel Shipments, 69,2T1 barrels.
 Bran, $23@25.
The Birmingham age-herald., 1924-08-20
eRAlM AND PROVISIONS

arl1st CASH GRAIN
 CHICAGO, Aug. 19.--Wheat, No. 2 red, sLs491.s5; No: ? hard, $1.2sh@ Corn. No. 2 mixed. $1.22; No. yel- Oats. -1,t No; ? white, b6@Sszc; No. 3 Rye, No. 2, 93N @941hc.
 Barley, S0@91c.
 Timothy seed, $7@S.25.
 Clover seed, $12@21.50.
 Lard, $1402.
 Ribs, $12.37.
 Bellies, s13.5O.
 ST. LOUIS, Aug. 1s.-Cash wheat, No. red, $1.3801.40; No. 8, $1.8301.3S. Corn, No. 8 white, S1.173k; No. 2 vel low, $1.21h @1.22. 53@531Ac.
 Futures-wheat: September. $L25H l; December, s1.31%. Corn: September, $1.19h; December, 2.15h. Oats: Sep tember, 65c.
 TOLEDO, O., Aug. 1s.-Clover seed, s12.40 asked; October, $1s.4o asked; De- cember, $12s5.
 Aisilxe, $1010.
 Timothy seed, $3.e0; September, $3.S0; October, $S.e5.
 KANSAS CITY, Aug. 1s.-wheat, No ? hard. $1.1s@1.s1; No. red, H.so@ Corn, No. 2 yellow. s114@115; No. 2 mixed, $1.12@1.1s.
 Oats, No. ? white, 541sc.
 NEW YORK, Aug, 1s.-F7our was unsettled: Spring patents, S7.25@7.75; soft winter straights, $6.2586.76; hard winter straights, S6.609T.
 Rye, easy: No. western, $1.02A, f. o. b. New York and SHOOK, C. L f. export. Lard, barely steady: Middle west, s14.50014.60.
 Other articles were unchanged.
The Birmingham age-herald., 1924-08-20
METAL MARKET

NEW YORK, Aug. 19.-Copper, dull E1sctrolytic, spot and nearby, 13% q 13%c; futures, 13&c.
 Tin, easy: Spot and futures, $52.62. Iron, steady and unchanged. Lead, steady: Spot, $s@s.25. Zinc, firm: East St. Louis, spot, $6.22 futures. $6.2206.25.
 Anthony: Spot, $9.50.
The Birmingham age-herald., 1924-08-20
RAW SEVK

NEW YORK, Aug. 19.-Raw silk was easy; prices per pound: Kansai double extra cracks, $6.O5G615; Kansai best, No. 1, S5,s0Q5.90; Shinshu, No. 1, S5.70@ 5.s0; Shanghai, China, steam i'll gold double deer, $71007.SO.
The Birmingham age-herald., 1924-08-20
GRTARLEG

CHICAGO, Aug. 1e.-Egg plants: Louisiana, cabbage crates, $3@3.50; hampers, $1@1.25,
 Peaches: Elb9rtas, bushel baskets, Arkansas, $2.506275i Tennessee, $2.5Oi Missouri, $262.25.
 Peppers: Tennessee, H-bushel ham peFs, $1Q1.25.
 ,sweet potatoes: Alabama, hampers, S36D3.25.
The Birmingham age-herald., 1924-08-20
LoNpON AFoNEY

LONDON, Aug. 15.-assaf silver, 34 1-16 pence per ounce; money, per cent; cent: three-months bills, 3% 03 18-16 per cent.
The Birmingham age-herald., 1924-08-20

NEW YORK, Aug. 1s.-we had an irregular stock market today. The word irregular" fails to fully describe what occurred, but 1t Is the nearest to a description that we have. There was considerable profit-taking, but no im- portant impression was made on the market by this selling; and, while profit taking was going on in numerous groups, new buying appeared in others. Such irregularity will be of frequent occurrence. The bigger the market the more frequent and the, more necessary profit-taking. This will not interfere in any way with the trend of the mar ket, which is definite-the upward trend will continue so long as conditions are favorable and conditions are growing more favorable. Reports from all branches of industry show improve ment. It is not pronounced in all cases, but sufficiently plain to be seen.--John F. Clark & Co.
The Birmingham age-herald., 1924-08-20

NEW ORLEANS, Aug. 1s.-spot cot ton, quiet; 50 points up. Sales on the spot, 39 bales; to arrive, none. Low middllng, 2se; middling, 26.25c; good middllng, ZIG. Receipts, 345 bales; stock, 32, AS bales.
The Birmingham age-herald., 1924-08-20
OIL CITY REPnRr

OIL CITY, Pa, Aug, 1s.-Credlt bal ances, $2.75. Runs, 54,7T5; average, 49,146. Shipments, 51,227; average, 50, 061.
The Birmingham age-herald., 1924-08-20
NEW YORK BONDS

NEW YORK. August 1D.--Foilowing are tadsg high. low and niozing prices of bonds on tho Ncu York Stock Exchanse and tho total sales of eacl bond; n.,--n .-.yrs ,amn.
The Birmingham age-herald., 1924-08-20
WALL STREET BRIEFS

Both the railroad and industrial aver ages were at new high ground for the year when the stock market opened to- day. The average of 20 leading indus trials was 103.67, or almost 131s points above the years low, and the average of~20 rails was 9315, or 12h points above the years minimum Both aver ages recorded a net gain of about half a point in yesterdays trading.
The Birmingham age-herald., 1924-08-20

The board of managers of the New York Cotton exchange announced today that the exchange would be closed next Saturday at 1:45 o'clock. This was de- ci6ed upon, 1t was explained, in order or avoid any confusion in connection with the publication of the regular gov ernment cotton report at 12 o'clock, noon, New York time, on that date.
The Birmingham age-herald., 1924-08-20
NEW YORK CURB
IMDuST RIAIS

NEW YORK. August 1s.--Followins Is the official list of transactions the New York Curb Exchange, giving all stocks and bonds traded in:
The Birmingham age-herald., 1924-08-20

CHICAGO. Aug. 1s.-Butter, higher: Creamery extras, 87c; standards, 36Nc; extra flrsts. s51s @36c; firsts, 34h @s5c; seconds, 32@33c.
 Eggs were unchanged. Receipts, H. 6S4 cases. Live poultry, lower: Fowls, 1s@24c; springs, soc; broilers, soc; roosters, 151kc.
The Birmingham age-herald., 1924-08-20
sp0T CoTTON

NEW YORK, Aug. 19.-spot cotton, quiet: Middling, 2sc.
The Birmingham age-herald., 1924-08-20

NEW ORLEANS COTTON NEW ORLEANS August l0.--Cotton futures closed steady at net advance Of 27 to Sl points.
The Birmingham age-herald., 1924-08-20
NEW YORK STOCKS

NEW YORK. 4aEnst is--FoIlOwinE are today's | sales; high. lev anf elosing prices of stocks listed on the New York Stock Exchanee:
The Birmingham age-herald., 1924-08-20
PobErnY AND rRoDUcE

NEW YORK. Aug. 19.--Live poultry steady. No freight quotations; broilerf by express, 29@32c; fowls by express 24@2ec.
 Dressed poultry. steady to firm: old Iroosters, 1T922c.
 Butter, firm. Receipts. 16,z5O tubs Creamery higher than extras, 40@4O1kc; creamery extras (e2 score), 89N 60895sc; creamery firsts (ss to sl score), 36M@ 8s%c; packing stock, current make, No 2, 27927Mc.
 Eggs, firm. Receipts, 26,OS2 cases Pacific coast whites, extras, 4sm49c; Pacific coast firsts to extra ffrsts, 4OG 47c; refrigerator extra firsts, 335k034c: refrigerator firsts, S10s3c.
 Cheese, easy. Receipts, III, ,767 pounds,
The Birmingham age-herald., 1924-08-20

ST. LOUIS, Aug. Is.-Poultry: {: Springs, 27c; ducks, 1sc; others were unchanged.
 Butter and eggs were unchanged.
The Birmingham age-herald., 1924-08-20

KANSAS CITY, Mo- Aug. is.-FIrss eggs, hc higher. Other produce was unchanged.
The Birmingham age-herald., 1924-08-20
PORT MOVEMENT
INTERIOR MOVEMENT

Recsipts-Wesk. ls,476: season, s47O2. Exnorts-Week, 34.996; season. 89,gsl
The Birmingham age-herald., 1924-08-20

United states bonds sfo qNoted in dollaFl al thirty seoonds of aollara
The Birmingham age-herald., 1924-08-20

NEW YORK coTroN
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1924-07-02
LOCAL BLACKSMITH
CALLED BY DEATH

James Franklin McMullin, aged Al
years, well-known local blacksmith,
died last Wednesday morning, June
%, at $50 o'clock, at his home, p
Rouse venue south, from heart rOu-
bic. His unexpected death was a
distinct shock to his family and many
friends, as he was thought to have
been in the best Of health. He hal
conducted a blacksmith shop Of his
own for a number of years on North
Rouse n
The funeral. in charge of Funeral
Director f. W. Harland, was held
last Saturday, at 2:3O o'clock, from
the Har,and Funeral chapel, the Rev.
X. P. Smith. pastor of the Methodist
church. officiating. Interment was IN
the Bozeman cemetery. the pallbear-
ers being Joe Huff, William Graft,
Carl Higgins, Chas. Kirk, James
Pratt and Sid Peterson.
Besides his widow, deceased Is sur
wed by FIVE children, Ralph, Edna,
Franklin, Ella and Gladys. He is also
survived by MS father, five brothers
and three sisters, al, of whom reside
in Sedalia. Missouri.