davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1924-11-07
PRICE OF WHEAT
 TAKES UPTURN
Liberal Buying Noted On Strength Of Ship
 ments Ahead

CHICAGO, Nov. 6.-Notable fresh up- turns in the price of wheat today &C., companied big Seaboard clearances and liberal new buying for shipment 10 Eu- rope. The wheat market here closed strong 1A to 3%c net higher; December with corn unchanged to 1sc up' oats at 8 to IAc gain and provisions varying from 12c decline to a rise of 42c. It was estimated that today's export purchases of wheat totaled at least E. O00, 900 bushels and that fully b,OOOOOO bushels had been taken for Europe within the last few days. Besides, ex- port clearances today were figured at 2.044, ,OOO bushels of which 1,817,0O0 bush els were from the domestic crop. In connection with the evident improve ment of export demand, sharp bulge in the price of November delivery of wheat at Winnipeg received goo6deal of notice. The Winnipeg advance was taken here as implying that Canadian dealers had sold considerapie wheat ai- rect for export.
 Advices from the west and southwest apparently indicating that wheat ar rivals from rural sources would be
 much smaller hereafter did good deal to help strengthen values. Duluth is getting the lions share of the present primary movement but is shipping out rapidly and, according 10 current gos- sip, the movement from the northwest might be expected to dwindle after the next fortnight.
 Corn and oats averaged higher chief ly as a result of wheat strength in ad- dition, however, shippers and indus tries were buyers of corn. Dat re- ceipts showed a decided falling off in volume.
 Lower quotations of hogs weakened most of the provision list.
The Birmingham age-herald., 1924-11-07
PROFIT TAKING
 CHECKS STOCKS
Railroad Shares Continue To Show Strength On
 Investment Demand

NEW YORK, Nov. e.-Heavy profit taking checked the early advance in in dustrial stocks in today's market put the railroad shares continued to forge ahead in response to a sustained demand for the high grade carriers and specu- Iative accumulation of several low priced issues. Trading was again on a broad scale the days sales aggregat- ing 1,500,Q00 shares.
 Buying of the rails was based n part on the speculative belief that the makeup of the next Congress pre- cludes the possibility of any radical railroad legislation in the next two years. Among the 17 rails to soar 10 new peak prices for the year were New York Central, Frisc6 common and the Wabash and Rock Island preferred is sues Katy" common and preferred' Great Western common and. preferred, Missouri Pacific common and prerer- red Western Pacific common and pre- ferred and Kansas City Southern. Sea- board Air Line sold at the highest price in eight years. One of the most signiffi- cant developments of the session was the increase in public participation. This was particularly apparent in the odd lot business.
 Baldwin sold off more than points to 119h with somewhat similar losses in American sugar refining, Dupont and General Electric United States Steel common closed 1s lower at 109h while American Can showed at net gain Of < of a point at 140h.
 During the early outburst of buying in the industrial group, g issues mount ed to new peak prices for the year, in cluding American Smeltfng common and preferred, Montgomery Ward, H. R. Mallinson, Corn Products, American Radiator, United States Cast Iron Pipe, Simms Petroleum American Tobacco ",B" Westinghouse Air Brake, Iron Products and Maxwell Motors a." Early gains in these issues ran from l to points but a number of them were materially reduced or wiped out before the close.
 Heavy selling of some of the issues was predicted on the seasonal decline in retail business which has been ac- centuated by recent price cuts. Chand- Ter broke 4 points to 27h, new low for the year, and then rallied to 2Sa, while Yellow Cab Manufacturing dupli- cated its previous low of 37, off 2h. General Motors c:osed a point lower at 56A, announcement of the quartely dividend of SIPS on the new stock being withheld until after the market closed.
 The higher rate for call funds was due to the extensive calling of loans by banks to strengthen their reserves in the federal reserve bank. Time money rates held firm, but little business was transacted. Commercial paper rates were unchanged.
 Foreign exchange rates moved within narrow and irregular limits. Demand sterling reacted slightly from the years high of $4.57, established yesterday, and most of the other European rates showed nominal changes. Argentine ex- change was strong.
The Birmingham age-herald., 1924-11-07
BONDS NOTABLY ACTIV Profit Taking Reduca Price Average Iii
 General List

NEW YORK, Nov. 6.-Marked actt ity in semi-speculative railroad bonl was maintained today despite high c1 and time money rates which retardI trading in other issues. SufficieI profit taking developed, however, to T duce the price average in the gener railroad list as we'll as in other section
 Revival of interest in the low pricf rail liens reflected the favorable lou1 look for earnings, dividends and merg developments and also represented tl cumulative effects of several weeks record-breaking car loadings. BuyiI lected issues of the St. Paul, Peorl Eastern, Chicago Great Western. FriI co, Wabash and International Gre} Northern securing gains of about | 2A points. High, grade convertibl also noved up in sympathy with th rise in rail stocks. further ip reflection of the stiffenin of money. The trend of foreign obligt tions was little changed, although Sc! bian ss recovereds1h points and Cuba 5hs worked into new high ground ft the year at s7h.
 Bethlehem Steel 6s were conspicuousl heavy, at one time declining 2x point to a new low price at s31t, but closin with onjy atfractional net loss. Mid vale Stsel 5s also were lower. Put lie offering will be made this week q $6.000.000 Winnipeg Electric Railway s( year 6 per cent bonds. The City of Tc ronto sold an issue of $9,971 ,000, A pc cent bonds to Canadian bankers to fl nance street railway purchases.
 The first piece of financing under taken for the Cities Service Power an Light company, the new holding cor poration for the Henry l.. Doherty pub lie utility enterprises, will take the forr of $20,0O0,000 6 per cent 20-year bonds Dillon, Read & Company heads a syn dicate which will offer the issue to morrow at s4h to net about 6h per cent
 Bond market ayera1es:
The Birmingham age-herald., 1924-11-07
RAW SUGAR MARKET

NEW YORK, Nov. GA decline Of Ac to the basis of 5.53c duty paid, ,oc- cured in the raw sugar market today, due to increased offerings of full duty sugars. Sales included 10,500 bags of Perus at 5.65c, and 14,000 bags at 5.53c to local refiners, also 24,500 bags cat 5.53c to an outport refiner, all for the second half November arrival.
 The raw sugar futures market was irregular, with near months lower un- der scattered liquidation promoted by the decline in the spot market, while distant positions were steady on cover ing and Cuban buying. Final prices were 2 points lower to ? net higher. December closed, 3.69c; March, 3.0Sc; May, 3.09c; July, 3.1Sc.
 The decline in the spot market re- stricted buying in refined sugar, al- though prices remained unchanged at 7.15 to 7.50c for the fine granulated.
 Refined futures were nominal.
The Birmingham age-herald., 1924-11-07
RANK OF ENGLAND

LONDON, Nov. 6.-The weekly state ment of the Bank of England shows the following changes in pounds: Total reserve decreased 245,000.
 Circulation increased 255,O00.
 Bullion increased 10,061.
 Other securities increased 2,3SS,O0 Other deposits decreased 1,630,000. Public deposits increased 2,417,0OO. Notes reserve decreased 254,000. Government securities decreased 1,330,- 900.
 The proportion of the banks reserve to liability this week Is 19.40 per cent {; last week 1t was 1872 per cent.
 Rate of discount per cent.
The Birmingham age-herald., 1924-11-07
CURR REVIEW


 NEW YORK, Nov. 6.-Realizing sales checked the rally which got under way at the opening of today's curb market, leaving closing prices irregular. Most active stocks, however, moved within a comparatively narrow range.
 Oil shares failed to make any appre- ciable response to the increase in Gulf Coast crude prices and the declara- tion of an extra dividend of $1 a share on Vacuum All as compared with three previous extras of 25 cents. Public utili- ties showed a firmer tone, American Light and Traction standing out with a net gain of 1h at 13s. Coal stocks also were in good demand. Chief inter- est in the radio group centered in the public offering tomorrow of 75,00O shares of Deforest at $21 a share. Pre- liminary subscriptions being reported largely in excess of the total issue with 8 premium bid for the stock in the open market. Listed radio shares showed only fractional change.
 Ford Motors of Canada jumped 10 points on a few odd lot sales. Little interest was manifested in the mining group.
The Birmingham age-herald., 1924-11-07
LIVERPOOL COTTON

LIVERPOOL, Nov. 6.-Cotton. spot better demand, improved business, prices steady. Strictly good middling, 14.0Sd; good middling, 13.73d; strictly middling, 135Sd; middling, 13.33d; strictly low middling, 1S.13d; low middling, 12.6sd; strictly good ordinary, 12.2Sd; good ordi- nary, 11.6sd. Sales, 5000 bales, including 2,9OO American. Receipts, 25,000 bales, including 22,400 American. Futures closed quiet. November, 12.97d; Decem- Der, 12.91d; January, 12.94d; March, 13.O1d; May, 13.O5d; July. 12.s5d; oc- 12.41d.
The Birmingham age-herald., 1924-11-07
GRAIN AND PROVISIONS
RICE MARK EFT

NEW ORLEANS, Nov. 6.-Rough rice quiet; sales none; millers' receipts, 1862 sacks.
 Clean rice easy; sales, 1,192 Honduras, 6@6Hc; 1S1 Japan, 5hc; 4,091 Blue Rose, 5 5-16@5%c; 262 second heads, 4Nc; 667 screenings, 2% @3c; receipts, 9,S03 pock- cts. Bran and polish unchanged.
The Birmingham age-herald., 1924-11-07
POTATO MARKET

CHICAGO, Nov. 6.-Potatoes, trad ing slow; market steady; receipts, 52 cars; total United States shipments, 941 !; Minnesota and North Dakota sacked Red River Oh1os, 95c@$1.05; South Da- kota sacked early ohios, so@90c; bulk, 70@S0c; Minnesota and Wisconsin sacked round whites, 70QS5c; Wiscon- sin bulk round whites, 7599Oc; Idaho sacked russets, $1.6001.75; few fancy
 higher.
The Birmingham age-herald., 1924-11-07
FOREIGN BONDS
BANK OF FRANCE

PARIS, Nov. 6.-The weekly state ment of the Bank of France shows the following changes in francs:
 Gold in hand increased 113,000.
 Silver in hand increased 598,000. Notes in circulation increased 176,777,- 900. Treasury deposits increases 1,640, 900. General deposits decreased 31,o0S,O 900. Bills discounted increased 3S0,621 900. Advances increased 35, ,495, ,000.
 The state borrowed from the hank 400, ,OOO, ,000 francs.
The Birmingham age-herald., 1924-11-07
NAVAL srnREs

SAVANNAH. Ga, Nov. 6.-Turpen- tine steady, soc; sales, 100; receipts, 457; shipments, 6s; stock, 11,240.
 Rosin firm; sales, 759; receipts, LAOS; shipments, none; stock, S1.S51.
 Quote: B to D, $6.45; E to K, $6.50@ 6.55; M, $6.50@6.6O; N. $6.75@6.SO; we, $7.35Q7.45; wv, $7.s50S.OO; x, $s.
The Birmingham age-herald., 1924-11-07
HUBBARD BROS. & CO.

Members New York Cotton Exchange, New Orleans Cotton Exchange. Now Members Liverpool Cotton Association. Orders solicited-fo the purchase and sale of Cotton and Cotton Seed Oil for future delivery. Special consignment of spot cotton for delivery.
The Birmingham age-herald., 1924-11-07
VEGETARI.ES

CHICAGO, Nov. 6.-Beans: Louisiana '3.75.
 Cucumbers: Louisiana hampers and crates, $4,25Q4.5O; Florida hampers, $500 Q5.25.
 Egg plant: Florida crates, $4.50@5.0O. Peppers: Florida crates, $3.50@4.00; Georgia bushels, $1.35Q1.50.
 Shallots: Louisiana barrels, $10012. Sweet potatoes: Tennessee hampers, S2.OO@215.
The Birmingham age-herald., 1924-11-07
METAL MARKET

NEW YORK, Nov. Chopper firm; electrolytic, spot and futures, 13Ae; tin easy; spot and futures, $53.37; iron steady and unchanged; lead steady; spot, $s.65@9.00; zinc firm; East St. Louis spot and futures, $6.60@6.62h; an timony, spot, S12.37
The Birmingham age-herald., 1924-11-07
FLAX MAREET

DULUTH, Minn., Nov. 6.-Close flax; November, $2.56; December, $2.56; May, $2.65.
The Birmingham age-herald., 1924-11-07

NEW ORLEANS. Nov. 6.-spot cot ton steady, 15 points down. Sales on the spot, 1,40s; to arrive, $50. Low mid ding, 2O.9oc; middling, 22.90c; good mid ding, 23.40c; receipts, 12,7o4; stock, 2s1,- AYR
The Birmingham age-herald., 1924-11-07

RAW SILK NEW YORK, Nov. e.-Raw silk stead, and unchanged. -
 STEEL MARKET NEW YORK. Nov. 6.-Steei un. changed.
The Birmingham age-herald., 1924-11-07
NEW YORK CURB
INDUSTRlALS

NEW YORK. Nov. 6.-Following is the official list Of transactions on the New York Curb Exchange giving the total sales of each bond
 tNnuSTRIAIS
The Birmingham age-herald., 1924-11-07
NEW YORK BONDS

NEW YORK Nov 6-rollowing are today's high. low and closing prices of bonds on the New York Stock Exchange and the total sales of each
 1 UNITED STATES BONDS
 Jyuited ststea honda are quoted in dollars and
The Birmingham age-herald., 1924-11-07
sPOT COTTON

SPOT COTTON N NEW YORK, Nov. 6-Cotton spot quiet; middling, 23.60c.
The Birmingham age-herald., 1924-11-07
MORT MoVEM ENT
INTERIOR MOVEMENT

Reeeipts-Week, 836. .1O3; season. S.458.547. Exports-Week sos, ,990: season, 2.166,77l.
The Birmingham age-herald., 1924-11-07
NEW YORK STOCKS

NEW YORK. Nov e.-Following arc todya's sales high low and closing prices of stocks listed on the New York Stock Exchange:
The Birmingham age-herald., 1924-11-07

NEW ORLEANS COTTON NEW ORLEANS, Nov. 6.-!Cotton futures closed steady at net decline of 2I to 27 points,
The Birmingham age-herald., 1924-09-09
NEW nRI.EANs ChrroN

NEW ORLEANS, Sept. S.-The cotton market after quiet but steady opening while waiting for the government report scored a sharp decline of $5 bale to- day after the reports were issued.
 Although these figures were lower than the average of the private reports, they nevertheless were accepted as bearish. Disappointed longs liquidated freely and there was good deal of hedge selling. Most of the support late in the. session was due to covering by satisfied shorts. (
 The market opened steady but quiet. Liverpool was better than due and this encouraged enough buying to advance October to 23.S3c and December to g. soc, which levels proved to be the highs of the day and to z points above Saturdays close. After the gov ernment figures were announced prices eased off promptly 40 to 60 points but recovered some only to weaken again and a resting place was found at 2305c for October and 23.08c for December, or n to T, points down from the pre- vious close.
 FNces rallied about 30 points around nodn but weakened again in the after noon on a renewal of long liquidation and hedge selling until October and December traded 105 to 106 points down from the highs of the morning. The close was near the lows, showing net losses for the day of 95 to 101 points. NEW YORK COTTON
 NEW YORK. Sept s.-COtton futures closed
The Birmingham age-herald., 1924-09-09
WEATHER SENDS
 WHEAT PRICES UP
Unfavorable Conditions Reported In Canada
 And Argentina

CHICAGO, Sept. 8. = Unfavorable weather conditions in Canada as we'll as in Europe and Argentina led to higher prices today for wheat. Closing quo tations in the wheat market here were firm at 4 to Z net gain with Decem- Der $1.27M @1.27% and May $1.34. Corn finished at x decline to h advance, oats % to < off, and provisions vary ing from 5 cents setback to a rise of 10 cents. r.-
 Unexpected firmness of quotations at Liverpool helped to start the market upward from the ouset and especially as the Liverpool strength was associat- ed with crop damage complaints from Canada, unreasonable cold and rain in Europe and with drought and rain in Argentina. At first, however, export demand lacked volume and this fact operated as something of a weight on yalifes. Subsequently, export business became sufficiently energetic to offset hodking sales of new wheat, and with Canada the Chicago market showed renewed upward swing
 Wheat closed at virtually the days top figures here, influenced in partic. ular by a bulge in prices at Winnipeg. Previous sellers in Chicago were active purchasers just before business ended. One of the incentives to buy was an as- sertion that pound for pound Of wheat is three cents bushel cheaper than corn.
 Wet, cool weather furnished some strength to the corn market. but was largely offset by increased offerings On the other hand frost was predicted for tonight over parts of the northwest and the visible supply decreased 176.00O bushels.
 Oats were depressed as a result of in- creasing stocks.
 Provisions averaged higher woing to absence of selling.
 GRAIN AND PROVISIONS
The Birmingham age-herald., 1924-09-09
EoREIaN RoNps
COFFEE FUTURES

NEW YORK, Sept. 8.-The market for coffee futures opened at a decline of g points to an advance of 10 points. After selling early at $16.71c, December rallied to 15.S0c, on a little covering and trade buying, while May reacted from 15.10c to 1490c under realizing. General busI- ness was quiet, the market closing net unchanged to points higher. Sales were estimated at 12,000. Closing quo- tations: September, 16.40c; October, 16.20c; December, 16.S0c; March, 15.4Oc; May, 15c; July 14.62c.
 Sopt coffee steady, Rio Is 16h 017hc; Santos 4s 22A @23c. Cost and freight offers included part Bourbon 3s and 5s at 22.40@22.55c.
 Rio exchange on London 32 pence higher; dollar buying rate 40 reis lower Rio market 325 reis lower; Santos $50 to s75 reis lower. Brazilian port re- ceipts, 62,000; Jundiahy receipts, 3O,OO0.
The Birmingham age-herald., 1924-09-09
CURR REVIEW

NEW YORK, Sept. s.-Reactionary price tendencies characterized the open Ing of the curb market but an irregular recovery was under way at the close. The rally was led by the oil shares, which moved in sympathy with the stack of those issues on the big board.
 Prairie Oil and Gas, Humble, Mag nolia, Petroleum and Standard oil of Nebraska closed l to 2 points higher. Standard Oil of Indiana, Gulf of Penn sylvania, Vacuum and Woodley im- proved fractionally, buying of the last named being based on a report that the company had offered a premium of 15 cents a barrel on its oil.
 The industrials showed a curious mix ture of gains and losses. National Tea advanced 31z points on a small turn over. Glen Alden Coil climbed 1%, but Lehigh Valley Coal certificates, the most active issue, lost ground. Dug, which was admitted to trading last week, dropped 2 points, to 22h, and then rallied to 23%. American Foreign Pow CT certificates dropped 1 point, to 32.
 Speculative interest in the mining group was confined to three or four penny issues, Jib Consolidated showing a gain of points on reports that net profits for the last quarter exceeded S200 000
The Birmingham age-herald., 1924-09-09
PRICES UNEVEN ION BOND MARKET Trading Marked By Ab- sence Of Speculative
 Interest

NEW YORK. Sept. s-Bond prices fluctuated uneveafS Sii1 today's apathetic trading, which was marked by an ab- sence of speculaative interest. Demand for certain high grade rail issues im- parted a firm tone to this list in the early dealings, which were enumerated by selling of other liens later in the day. Liberty bonds scored moderate improvement, following the announce- ment of the treasury's offering of $780, 100000 one-year certificates on: aa 2% per cent basis, an unusually low interest rate for this maturity. While the rate was the same as that for the $16O,OO0,- ' 900 offerings made last June, tho. Ger tificates sold at that time ran only for six months. ssl ssg
 Foreign obligations continued to dis play a hesitant tone. Austrian 7s de- clined point and most of the French municipal issues followed, the Seine 7s lower. The new Belgian 6 Is, however, established a new high record.
 In the industrial S49tp gains of d point or so in Wils6hsY sYffst es, virxini Carolina 7hs and United States Rubber 6s were offset by losses in Wickwire- N6Pencer Steel n, Kelly Springfield and Fisk Rubber & and Sinclair Consoli- dated Oil 6hs.
The Birmingham age-herald., 1924-09-09
COTTON BREAKS
 CENT ON POUND
Drop Follows Publication Of Government Report
 On Crop

| Ew YORK, Sept. Republication oi the governments crop report was fol- lowed by a break of more than a cent a pound in the cotton market today December contracts. which had ad- vanced to 24.2oc during the morning sold off to 23.osc and closed at that figure, the general market closing easy at net declines of 30 to 101 points.
 Forenoon trading was attributed chiefly to evening up of accounts. Some southern hedge selling was absorbed around the 24% cent level for October. and after showing early losses of 3 to 6 points, the market rallied on pre-bure" II covering. October later sold un to 24.fsc and January to 2d.07c. maktug net ad- --ces ot about 9 to 23 points. but Of ferines became heavy as snon ns the government report was published.
 The official condition of 59.3 and cron indication of 12.7s7 900 bales was about in line with the average of pri- vate reports recently issued. but there was evidently disappointment to re- cent buyers who probably had been fn- fIuenced by some of the smaller pri- yate estimates. It seemed also that those who were bearisn on !ne Inarkst' sa but who had covered their commit ments last week because of uncertainty as to the bureau showing, started to reselI when the figures were issued. A good many orders were in the market to sell if the estimate was over IF ,700,- 900. This pressure combined with the liouidation of long accounts and some hedging gave the market very weak and unsettled appearance in the after noon. The lowest levels of the day and movement were reached in the late trading when October touched 23.57 and January 2s.0o, rNthe lowest prices re corded since the advance of late last July when October sold at 29.s7 and January at e8.95.
 Except for the government report no sneciaI news feature was mentioned, in connection with the decline.
 Exports today, 1855. making 301, ,b6I SD far this season. Port recepits 32.437 United States port stocks, 281 ,5e3.
 NEW ORLEANS COTTON
The Birmingham age-herald., 1924-09-09
DRY GOODS

NEW YORK, Sept. S.-Cotton cloth markets weakened slightly upon the report of a prospective 12,7S7, ,OOO-bale crop. Trading was active in the morn ing and fell away in the afternoon. Wholesalers placed many rush orders in the primary market Dress goods prices were substantially unchanged. Serges were advanced 10c a yard. Raw silk markets were in the slump because of speculation on the Boure, which was down 65 to 70 yen a pound, bringing local prices to 10c lower. Underwear openings were protracted in character.