davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1924-02-26
COTTON LETTERS

NEW YORK, Feb. 25.--The after noon extended to 2s.55 for May, making a decline of 90 points from the high level. of the morning and of 57 points from Saturdays close. March sold off to 29.2o or 55 points net lower, but spot houses were good buyers of March, against sales of May at-55 points, hold ing the difference at that figure. New crop months were relatively quiet add steady. Recent buyers for a reaction were credited with selling out their cot ton on the decline. There was a good deal of selling attributed to operators now employed.
 After the break to 29.55 for May the price rallied to 28.70, but eased off again to 29.52 with the market extremely nervous and feverish after 2 o'clock.
 There was very active buying of March and selling of May by three or four of the prominent spot firms. There has also been considerable buying of July and selling of October today at 300 points believed to be for Liverpool or Japanese accounts.-Post & Flagg to shannon & Co.
 NEW ORLEANS, Feb. 25.-Old and new crop values both advanced 37 points during the early trading on bad weather and more cheerful dry goods news, hut talk of large tenders in New York tomorrow later brought on heavy selling and old crops dropped 100 points from the high. The new crops, on the other hand, held relatively steady around Saturdays closing. About 1000 bales were rendered here and the mo- tices stopped mostly by spot houses. The weather over Sunday was about as bad as 1t could be at this time of the year with snow over most of Texas and as far down as the northern part of the Rio Grande Valley. Rains were general in the east and more were pre- dicted for that section from a disturb ance off the Louisiana and Texas effect that S0,000 bales will be rendered there in the next few days, resumption of the oil investigation in Washington and weak stock market checked the buying during the forenoon and opened the way for another selling campaign that undermined values. Rumors from Washington were to the effect that the conference between southern senators and officials of the census bureau had been resumed and that revised and much smaller figures would be issued. Good buying developed on the late break with spot houses apparently leading. We believe the market will do better after the first notices in New York are absorbed.-Fenner Beane to Kahn & Virgin.
The Birmingham age-herald., 1924-02-26
STOCK LETTERS

NEW YORK, Feb. 25.-Today's ses- sion has been uninteresting and trad ing in very moderate volume. Soon after the opening there was consider able professional selling, but this died away as no material impression was made on prices and in the afternoon some slight recovery occurred. The coppers were reactionary as the pass ing of the Calumet and Hecta dividend was considered an lunfavorable indica- tion for the industry
 The oils are about the same, but there is undoubtedly a more optimistic sentiment in the oil industry as 1t is believed that the period of excess pro- Nduction is over.
 The rails hold well and there Is a continued disposition to pick up the lower priced shares that have good prospects. The situation still balances on the outlook in Washington. If the democrats stay in alliance with the radical republicans, probably no tax re- vision will become effective at this ses- s1on. It remains to be seen whether tine democratic party Is willing to be the tail of the LaFollette kite. With such uncertainties naturally the market is inclined to step cautiously. Total sales, 674, ,S00.-Post & Flagg to shan non 6 Co.
 NEW YORK, Feb. 25.-stocks com menced to slide off immediately after the opening for which there was no definite explanation. The most plaus- ible reason was perhaps the uncertain ties regarding the fate of the Mellon tax bill. Several of the leading statis- tical agencies have become rather bear ish in their attitude toward prices which Is not conducive to outside buy ing. However there is fair. buying power at former low points of resist ance and the concensus of opinion Is that we are in trading area with no great changes to be expected in the immediate future. During the morn ing recession there were a. few issues that moved contrary to the general market Among these were the Marine issues which gained a point or more The sagging tendency was checked about noon. Kelly Springfield declined in response to an unfavorable yearly statement. Among the rails the Sea board issues again forged ahead. Sea board adjustment 5s moved into new high ground. Montgomery Ward de- velOped strong tone and in wall in- formed quarters this stock is highly thought of. Virginia Chemical stocks were under pressure, the preferred los ing about three points. A stronger tone developed near the close and some slight gains from the low prices were registered, although the. entire market might be classed as a professional af- fair without definite trend. Total sales 674 800 shares.-Fenner & Beane to Kahn & Virgin.
The Birmingham age-herald., 1924-02-26
SELLING ORDERS,
 LOWER PRICES
Public Interest In Market Dies
 Away Over The Week-End
BY WILL JOHNSON.


 NEW YORK, Feb. 25.-The doldrums possessed the stock market throughout the session Monday. Public interest died away over the weekend and the usual accumulation of selling orders carried prices off. There was a dispo- sition to await events at Washington, especially in tax matters, but what had more influence on the main situation was the appearance of a number of poor earnings statements for 1923. Com- ing after a flock of splendid earnings reports these statements gave addi- tional reason for pause.
 The turnover was at slow, dull pace. The total number of shares dealt in during the day was only 674,So0.
 During the last two years 1t has been the experience of the financial com munity that rising weekend market Is likely to be followed by a decline in the general list on the following cold. gray Monday. That is what happened today. There was much comment on the diminution of the promising out look for tax reduction and then came the bearish earnings reports. The sell ing was not particularly heavy. but as the public was no longer interested on the buying side the way it was a month oSo ahu ao thC pioiCooiohdi CichSht preferred the side of declining prices, the market yielded rather easily.
 Call Money Is Up.
 Call money ran up to Az per cent in the afternoon, compared with the re- newal rate of 4 per cent. This develop ment tended to augment the dullness and the stock ticker barely moved to- ward the close.
 After an advance of some 5 points in the first half hour of trading, the local cotton market was subjected to heavy pressure from various sources, which caused a sharp decline of almost s5 a bale from the early high level. The decline carried all old crop posi- tions to new low levels from the move. While there was nothing definite in the news to account for the sharp re- versal In form, it was largely due to heavy selling by prominent southern interests and professional operators in Palm Beach.
 Rather quick response to the omis- sion of the dividend by the Calumet & Hecia management was made by the copper group. There were practically no exceptions to the liquidation among the red metal shares, although Utah presented firm appearance in the face of weakness shown in other spots.
 Tire Shares Hurt.
 Tire shares and leather stocks were hurt by the poor earnings statements for 1923 presented by some of the lead ing companies in these industries. It has been generally known that the com pStition among the tire companies has been almost ruthless. But on the other hand, 1t was recognized that condi- tions in these lines last year were ex- ceptional and aZorded no gauge of the general business situation.
 The oils went with the rest of the market, no more and no less than the average. The Pan-Americans, Pacific Oil and other leaders were off about equally.
The Birmingham age-herald., 1924-02-26
FOREIGN ISSUES
 SHOW Bic RALLY
French Bonds Touch New High For Year, With Belgians
 Also Higher

NEW YORK, Feb. 25.-Strength of foreign bonds, which advanced under the leadership of French government and municipal issues, was the outstand:- ing feature of today's market In which prices generally held firm.
 Influenced by favorable news from abroad, indicating Germany's ability to pay satisfactory reparat!ons, French re- public obligations rallied to new high levels for the year. French municipal bonds gained in sympathy. Lyons 6s, Marseilles 6s and Seine IS moving up a point each. Belgian bonds and the Sweden 6s were fractionaiiy higher. Renewed activity in the new Japanese 61as Sent the price of this issue to a new high level at 93.
 On reports that a recapitalfzation of the Virginia Carolina Chemical com pany was near. bonds of the company encountered heavy selling, the ' per cent liens losing 2 points and the 7Iss with warrants dipping to a new loH price at 5S Desrite favorable trade reports, liquidation of other fertilizer company issues developed. causing decline of 1 point In American Agri- cultural Chemical 7l2s.
 Mixed price movements occurred in the railroad list Substantial gains in
 
 issues and the Frisco income 6s were offset by losses in Southern Pacific, Western Pacific and B & o. Profit taking was responsible for sev- eraI weak spots in the industrial list, including Punta Allegro Is, Pierce oil Ss and Eastern Cuba Sugar 7l4s.
 Prices of United States government issues held firm. Strength of the sec ond and fourth 4i4s. which led the list in activity, was attributed to reports of a resumption of British buying.
 Total bond sales tpar value), $1o,- 174,000.
 Ten first grade rails averaged S5.s5; net loss, .01.
 Ten secondary rails averaged s3s0; net loss .03
 Ten public utilities averaged s6.67; net gain .04.
 Ten industrials averaged 93.75; net loss .01.
 Combined average STAT: net loss ,01. Combined average month ago sS.14; year ago SITS.
The Birmingham age-herald., 1924-02-26
LIVERPOOL COTTON

LIVERPOOL, Feb. 25.-Cotton spot, good business done; prices easier middling, 1s.81d; full ,middling, 17.s1d; middling, 17.36d; low middling, 16.46d; good ordinary, 15.46; ordinary 14.96d Sales, 14,000 bales, including 12,800 American. Receipts, none. Futures closed barely steady. February. 17.27d; March, 17.2sd; May, 17.24d; July, 16.9od !; September, 15.S4d; October, 15.35d; De- cember. 14.99d; January, 1493d.
The Birmingham age-herald., 1924-02-26
MARKET FLASHES

NEW YORK, Feb. 25.-The Tobacco Products export corporation has been named as one of the interests involved in the plan to Invest $25, 100000 in Mex ico to develop tobacco and other in- dustries. The company, it is said, would take part in negotiations looking to a tobacco monopoly, but was not affiliated with interests which recently acquired cigaret factories in Mexico.
 NEW YORK, Feb. 25.-The visible supply of American grain shows the following changes in bushels:
 Wheat decreased 335, ,000; corn in creased 2S55, ,0O0; oats increased 620O0; rye increased 176,o00; barley decreased 37,000.
 WASHINGTON, Feb. 25.-Grain ex- ports from the United States last week totalled 1,419.C00 bushels; an increase of appro oximately 200, 900 over the previous week. The exports, announced today by the department of commerce, show the following figures and comparisons for week ago: Wheat, 616, ,000 bushels against 277,000; corn, 779,00O against 527 1000; barley, 5000 against 419,O00; oats, 1000 against 2,000; rye, 10000 against 11,000. There were no exports of wheat flour from, the United States
The Birmingham age-herald., 1924-02-26
SIX YEAR TERNI

MEXICO CITY, Feb. 25.-The min istry of the, interior announces that bill will be introduced in Congress ex- tending to six years the terms of presi- dent of the republic and of senators. The term of deputies will be made four years and the number reduced considerably.
The Birmingham age-herald., 1924-02-26
s. R. Stewart
 4O1 Woodward Bldg. AnnOUncGS.i

Levy and Aronson, brokers of New Orleans, La. who have recently installed wire connections in Birming- ham and surrounding points, unique in that they have steadfasty held the policy that by concentrat ing upon alone, they able render their clients service that would be possible if other commodities shared their attention.
 This firm has always maintained that there is real need for brokerage house that specalzes exclusively requiring and disseminating information regarding the premier product of the South.
 While giving special attention to cotton statistics Levy and Aronson have not lost sight of the fact that what the public vans is speed in the execution of orders lhs they are endeavorng to accomplish in ways: First, by maintaining what they honestly believe to be the fastest cotton wire in the United States wire ex- clusively for this purpose Secondly, by the continued presence the floor of the New Orleans Cotton Ex- change of of the partners who has had ten years experience the ring and who gives every order his personal attention.
 The further development and expansion of the firm of Levy and Aronson Is being watched very closely by all those who interested in the future of the cotton trade and there are few Southerners who are not
The Birmingham age-herald., 1924-02-26
HUBBARD BROS. LETTER

NEW YORK, Feb. 25.-Cables were better this morning on improved spot demand in England, sales being 14l000 bales, of which 10000 bales were ex- ported. Our market failed to meet this improvement. and after hesitating and advancing slightly, sold off on contin- ued heavy liquidation on reports of freer offerings of spot cotton in the south. On the break, American mills were again good buyers, but sentiment is still extremely pessimistic on the idea that domestic dry goods is so poor that there will be no revival in the dry goods trade before the next crop be- comes the controlling factor, and that in the meantime we can expect lower prices. Weather in the south continues to be unfavorable with heavy rains falling all through the belt. This is de- laying the preparations for the coming crop and may be, if it continues, a Se- rious factor, but at the moment nobody is paying any attention to it. Liverpool futures are due tomorrow. March, 16.93d; May, 16.s9d.-Hubbard Bros. &
The Birmingham age-herald., 1924-02-26
Canadian flour in transit totalled 34s,-
 'sIsusnq O00'Lss'5 ol psaunoms lIsuBIl uI uyBIS puB sISLIBq GOO

NEW YORK, Feb. 25.-Gross earn ings of the American Locomotive com pany in 1923 were $90, ,1s0, ,176, the larg- est in the company's history for a cal endar year and an increase of $61,- O5S.064 over the previous year. the an- nual report revealed today. Net in come amounted to $12,376,564. compared with $1,100,478 the year before out of which dividends of $4,25O,00O were paid on preferred and common stock. Busi- ness received during the year totalIed 5S,11S,042, which with untitled orders on the books January 1, 1923, of $49,- 349,140 amounted to $107, ,467 ,1S2.
 Radio sets are now being made in the form of attractive furniture of diff ferent designs for the living room.
The Birmingham age-herald., 1924-02-26

EAST ST. LOUIS, Feb. 25.- Hogs, 23,000; active; 1oc to 200 higher; bulk good butchers, 190 pounds and up, $7.3O @7.s5; pigs very uneven, no to 13O 6.15 Cattle, '2,500; beef steers steady quality plain; beef cows strong light yealers, 25c higher at $1S.50; other classes steady bulk steers, S6.s5@S.25; heifers, $6.50@775; cows, $450@5.50; cahners, $2.25@2s5; bologna bulls, SAYS; stocker steers, $5.50@6.50 Sheep: Receipts 1000; steady, top and bulk lambs, $15; culls, $11.50@12; choice quality lacking; fat and young ewes up to $9.75.
The Birmingham age-herald., 1924-02-26
INTERIOR MovEaiENT

INTERIOR MOVEMENT 5,806; shipments, 4,516; sales, S9s; stock, PA, ,26S.
 Memphis: Middlihg, so75c; receipts, 2,460; shipments, 2,697; sales, I560; stock, 107,37s.
 Augusta: Middling, 2s.1sc; receipts, s4 shipments. 237; sales, 1s; stock, '35,- S5S
 St. Louis: Middling, S100c; receipts, 1,126; shipments, 1,126; stock, 6,297.
 Atlanta: Middling, 29.50c.
 Little Rock: Middling, 29.50c; re- ceipts, Il; sales, 110; stock, 26.667.
 Dallas: Middling, 2s.00c; sales, 32O.
 Montgomery: Middling, 29.13c.
The Birmingham age-herald., 1924-02-26
Shipping ActiUities = Of Alaban,a Seaport

MOBILE. Ala. Feb. 25.-(Special LeAsed Wire. 1.-Two steamers arrived with cargo in tranist for widely sepa- rated ports and a third, a motorship. came in for steel cargo during Sunday and Monday. The Ogontz, United States Shipping Board, Waterman Cor poration agents, arrived Sunday from Tampa with cargo in transit for Bill boa and Corunna and doeked at Turner terminals to go on loading berth. The Norwegian steamer Tela arrived from New Orleans with cargo in transit for Puerto Padre and Puerto STarafa and is loading at pier s. scheduled to sail February 29. Monday the Amer ican steamer Munisla, Munson lines, cleared and departed for Havana with general cargo, following the Cuban steamer, Paloma which sailed Friday for Gardenas. The American Houston to Norton Lilly and company and will load steel rails for Houston.
 The Afoundria, United States Ship ping Board, Waterman steamship cor poration agents, sailed for Pensacola Sunday {, with cargo in transit for Europe. Another steamer was cleared for Italy in the Liberty Bell, United States Shipping Board, Waterman steamship corporation agents, which cleared Monday for Genoa and Naples. The tanker Republic, Cowles Ship Sup ply company cleared for Tampa in bal last after completing voyage repairs at a local dock yard. The steamer Truxillo, in thea combination freight and passenger run. between New Or lao Vttap ,.olc fpor Irv Jock and has proceeded to New Orleans to resume her duties this vessel was in dryd0ck for sometime while repairs were conducted on her rudded and bot tom. "
 The British schooner Burpee L. Tucker brought 5up the captain and garet G. which was lost about a month ago at sea.
 Information has been received of the burning at Puerto, Plata of the Amer ican schooner Robert P. Murphy, owned by Capt: R. I. Eden and handled by the k. l.. Padgett compa- ny. The Robert P. Murphy took cargo of case ,oit--to thes Dominican republic. Only meager information was received by her owners here.
 TWO Slehn1eFS are Scneuuleu TOT ar rival to the Mallory lines Tuesday. These are the Nueces and Ocmulgee both of which will; load for New York, sailing about Thursday.
 FORT MOVEMENT
 New Orleans: Middling, 2s.sSc; re- ceipts, 2,673; exports, $50; sales, 100; stock, 16s,014.
 Galveston: Middling, 2s.7Oc; receipts, 2,197; sales. 2,975; stock, 264,481.
 Mobile: Middling, 2s.5Oc; receipts, 12; stock, 9,641.
 Savannah: Middling, 2s.O5c receipts, s23; exports, 11.s2s; sales. 3o2; stock,
 Charleston: Receipts, 277; stock, s2.-
 Wilmington: Receipts, s2; stock. 1s,-
 Texas City: Stock, 69.
 Norfolk: Middling, 2s50c; receipts, 1,299; sales, 116; stock, s5, ,451
 Baltimore: Stock, 2,1s5
 | Boston: Middling, 3O1Oc; exports, 12s; stock, 6,100. x
 Philadelphia: Middling, 2s7Oc; re- ceipts, 80; exports. ITO; stock, 3,913.
 New York: Middling, 2945c; exports, S9.30; stock, 155,126.
 Minor ports: Stock, 3.1s2.
The Birmingham age-herald., 1924-02-26
CASH GRAIN

MINNEAPOLIS, Feb. 25.-Wheat, No. |t northern, $1.15h @1.19B. Corn, No.
 B yellow, TEA @73cl Oats, No. white, |A4sse. Flax, No. l, $2.56h @2.61A. KANSAS CITY. Feb. 25.-wheat, Mo- b hard, $105@1.22; No. 2 red, $1.1SQ hI5, Corn, No. yellow, TAG; No. 2 mixed, 71h@72c. Oats, Mo- 2 white, |4s1a @5oc; No. white. 4s@4s3sc, ST. LOUIS, Feb. 25.-cash; Wheat, ICorn,' No. white, 76@761sc; No. 3
 Iellow, 76@77c. Oats, No. ? white, 50 Eq50iSe; No. white, 49A Q50c. Close: Wheat: May, $1.10M; July, $1.09% O h O95s. Corn: May. s0&@89%c; July, 61lsc. Oats, 51c.
 NEW YORK, Feb. 25.-Flour quiet;
 k5.00@5 5.5O; soft winter straights, $5.05@ 635; hard winter straights, $5.65@6.00. Pork steady; mess, $24.25@24.75; family, k2s.00; lard steadier; middle west, $11.60 IQ1l.7o. :. ae: 5
 CHICAGO, Feb. s25.-wheat, No.
 red, $1.1o; No. 2 hard, $110hQ1.1 eeA Qs1he. Oats. No. ?, white, 49Q5Oc; No. 8 white, 47A Q4sc. Rye, No. l, k271. Barley, 65Gs2c. Timothy seed,
 g6 50@sO0. Glover. seed. $1200624,00. Lard, $11.1o. Ribs, $s.50 Bellies. kl0.12.
 TOLEDO. O., Feb. 25.-Clover seed, prime old, $13.25; new, February and iMarch. $11.60. Alsike, prime, $s.35. Tim .othy seed, prime and February, SS65; |darch. $3.70. ,,5...'+. .-. N>Ss S---7----------<----
The Birmingham age-herald., 1924-02-26

Total today: Receipts, 7,443: exports, 16,7S7; sales, S,493; stock, s0S,784. Total for week: Receipts. 2o.556; ex- ports, 29,505.
 Total for season: Receipts, 5,772, 2,s64; exports, 4,156,95
The Birmingham age-herald., 1924-02-26

KANSAS CITY, Feb. 25.-cattle, Ill., 900; calves, 2,500; desirable beef steers, steady to strong; other grades slow; bulk fed steer, $T.60@9; cows and heif- CTS steady to strong; beef cows,s $40 $50; canners and cutters, $2.25@2.35; bulls strong; .bolognas, $4.25@465; calves steady; best veals, $10. active and feeders active; shade higher fleshy feeders. $8@6.40; bulk others, $6.10@7.
 Hogs, 11,oO0; 1Oc to 15c higher to shippers; packing sows mostly $6.106 6.25; stock pigs steady; bulk, $4.75@5.35.
 Sheep, 1000; lambs, 10c to 25c higher; top, $15; others, $14.25@14, ,9O;. sheep, 1Oc to 15c higher; top ewes, $9.50; others, S8.7599.46; all shorn wethers, $9.25.
The Birmingham age-herald., 1924-02-26

A new egg beater on the market is also capable of being used for cake batter and icing, says the inventor.
The Birmingham age-herald., 1924-02-26

Alexandria Library at the time of Cleopatra contained about 00,000 vol umes or rolls.
The Birmingham age-herald., 1924-02-26

DO New York, Chi6ab6. Philadelphia,
 hn 'Fracisco, Detroit, Boston and other
 scry large cities offer better induce ||ments for getting ahead than smaller |lplaces? s..
 am prompted to ask this question E|because of the large numeber of visits tand letters I receive from persons who have either pulled up their roots and Fcome to- New York or who plan to D|do SO.
The Birmingham age-herald., 1924-02-26
. Shippers Case \
Railroads Represented

: Practically every railroad in the south is represented at the hearing.
 The commission Monday morning. heard the case of the Thomas Crate Bar company against the, carriers in which the. carriers sought to increase the present rate on grate bars from Bir- mingham to Memphis of 22k cents to 64h cents.-- The increase. was taken under adyisement.
The Birmingham age-herald., 1924-02-26

What about those who have earned rather notable success elsewhere? |Should they embrace opportunity to migrate to the big city?'3s s 5i
The Birmingham age-herald., 1924-02-26

MINNEAPOLIS, Feb. 25.-Wheat, No. u northern, $1.15h @1.1sb. Corn, No. |B yellow, TEA @73q Oats, No. white,
 'A4ssc. Flax, No. l, $2.56h @2.61A.
The Birmingham age-herald., 1924-02-26

CINCINNATI, O., Feb. 25.-Hogs: Receipts, 5000; steady to 1Oc and 15c higher; heavy, $7@7.40; packers and butchers; $T.50@7.65; medium, $7.50@ '7.65; stags, S35094;, heavy fat sows, $5@e; pigs and lights, s450G71O.
 Cattle: Receipts 1,700; choice fat classes, steady medium common steers and Keifers. weak and lower; cows steady; steers, $40s.50; .heifers, $s.5o@ $50; cows, $3GD6. = raa-.@'..'--E
 Calves steady, $5@15.
 Sheep: Receipts 100; steady, $1@6; lambs, steady, $5SR14.50. |
Belington progressive. [volume] (Belington, W. Va.) 1912-1927, 1924-10-30

Published Every Thursday By
THOMPSON PRINTING COMPANY
Belington, w. Va.