davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1924-11-19
CORN JUMPS
 TO NEW PEAK
Freezing Temperatures And Heavy Feeding De-
 mand Is Responsible

CHICAGO, Nov. 1s.-Corn went soar ing today and reached new peak prices for the season. May delivery touched S1 1.22h and July $1.23k bushel. Freez- ing temperatures and increased feeding demand with scantiness of country of- ferings led to active general buying of corn and the market closed buoyant, 1% to 3H net higher, May, $1.22h Q 1.22%. Wheat finished unsettled at M net lower to A advance, December, and May $1.60H @1 .60% with oats 15 to 1c up and provisions varying from unchanged figures to 37c gain.
 Corn quickly shook itself loose from the effect of weakness in the wheat val ues. At first, corn prices had sagged a little owing to sympathy with the bread grain but the fact soon became evident that sellers of corn were relatively scarce. Downturns in price were then more than wiped out and throughout the remainder of the day the course of the corn market was an irregular ascent that toward the last grew decidedly rapid.
 Brisk demand for corn available to be delivered at once was much in evidence with reports current that husking re- ports from surplus producing states were a series of disappointments. Re- ceivers were quoted as saying that they looked for little movement of corn un- til the end of November and that ar- rivals in the west were much smaller than a year ago.
 Wheat and oats proved responsive to the corn bulge but were inclined to sag during the earlier trade, wheat es- pecially held lower, quotations on wheat at Liverpool and Buenos Aires were the chief. depressing influence. Besides the foreign wheat crop summary was fa- vorable and export dealings limited.
 Provisions advanced readily on com mission house buying that was asso4 ciated with the upward swing of the corn market.
The Birmingham age-herald., 1924-11-19
WEAKEN
 0NPROFIT SALES
Market Featured By Fur ther Declines In U. s.
 Obligations

NEW YORK, Nov. 1s.-Profit taking imparted considerable irregularity in to- days bond market, which was featured by further declines in United states government obligations and buying or selected railroad issues.
 Speculative interest in rail securities appeared to have found more satis- factory outlook in the stock market and high yielding bonds of these companies, with a few exceptions, showed narrow price changes. New high records were established by some of the Denver and Rio Grande and the New Haven issues and fractional gains were scored by Seaboard As and 6s, Reading general As, Erie general As, Baltimore and Ohio As, and Norfolk and Western convert ible 6s.
 A reaction of more than a point in Katy" adjustment 5s was in line with a drop in the roads shares, reflecttng speculative disappointment over the aIi- nouncement that declaration of tho full per cent dividend on the preferred stock would be deferred for another year.
 Individual strong spots included Fed eral Light and Traction 7s, which jumped almost 6 points to a new 1924 high at 119 and Maxwell Motors 7s, which extended their recent gain by 2 points and reached a new top at 107%. American Water Works 6 and several other public utility liens responded to revival of interest in these issues.
 Liberty bonds continued to work lower despite earlier time money rates, but strengthened slightly toward the close Of the market.
 Bond market averages:
The Birmingham age-herald., 1924-11-19
SHEAR MARKET

NEW YORK, Nov. 1s.-The raw sugar was unchanged for spots today at 590c, duty paid. but shipments sugars was easy at 5.S5c. Sales included 2,100 bags from San Domingo and 24,5OO bags Perus, due in November at $500, and 12,425 bags Perus, due in December, at 5.S4c.
 After opening points higher to 2 lower, raw sugar futures weakened un- der scattered liquidation on continued favorable weather in Cuba. Final prices were to points net lower. Decem- Der closed 4.10c; March, 3.09c; May, S.16c; July, 3.25c.
 Refined sugar was firm and un- changed to 25 points higher, list prices now ranging from 715 to 7.50c for fine granulated. It was reported that 1,5OO tons of German white sugar had been sold in the New York market for No- vember shipment at about 1A cents be- low present democratic prices. Refined futures were nominal.
The Birmingham age-herald., 1924-11-19
COTTON SHOWS
 STEADY TONE
Prices Ease Off Slightly After Advance Of
 40 Points

NEW YORK, Nov. 1s.-The market for cotton showed a steady tone during the greater part of today's trading, but after advancing to 24.65c for January, or 40 points higher, prices eased off slightly under realizing and southern hedging. January closed at 24.45c, the general market closing barely steady at net advances of 13 to 23 points.
 The opening was steady at unchanged prices to an advance of 9 points. Prices developed considerable firmness on trade buying and covering by recent sellers, the latter apparently being in fluenced by steadier Liverpool cables the expected, and better reports from the domestic goods than had been fore shadowed by yesterdays talk of a fall ing off In demand. A private report estimating ginning to November IA at 10 92O, ,OO0 bales and placing the probable crop at 1214O,000 bales, excluding lint CTS, also was factor on the early ad- vance and furry of buying early in the afternoon was promoted by reports that exporters were buying spots in the south. Bullish sentiment also seem- ed to find encouragement in the news from the stock market, but after selling up to 24.43c for December and 24.97c for March, or about 35 to 40 points net higher, the advance was checked by realizing and New Orleans selling. Dast prices were IT to 20 points off from the best.
 Another private report reached the market here from New Orleans at mid- day estimating the crop at 14,300,000 bales including linters, which may have accounted for some of the later selling, but was not very generally mentioned as an immediate market factor.
 Advices received here from eastern belt points said that Europe way buy ing spots. at firm basis.
 Private cables from Liverpool report ed trade calling was less active and said there had been some slight increase in hedge selling but that the undertone was steady.
 Exports today 4O,O2S, making 9, 7os,- 547 so far this season. Port receipts, 92,529. United States port stocks, 1,316,- 469.
 NEW YORK COTTON
 NEW YORK. Nov. 1s.-Cotton futures closed
The Birmingham age-herald., 1924-11-19

NEW ORLEANS, Nov. 1s.-The cot ton market today developed a better tone and rallied well from the easier trend of yesterday. After opening slightly lower, points off on Janu- 'ary, owing to the execution of selling orders influenced by the reaction of the previous day, prices rallied well continued to advance on the scarcity of contracts developed when shorts started to cover and on the firmness of the stock market. At the highest of the afternoon January showed a gain over the opening low of 47 points. A slight reaction near the end cut down the gain some but left a net advance of 2S points on the active month.
 At the start Liverpool was better down on execution of overnight selling orders. The market rallied, however, and continued on the upgrade most of the day. In the afternoon on the firmness of stocks and scarcity of contracts, the market traded 43 to 51 points above the lows. There was a moderate reac- tion on realizing in the late trading and the close was at net gains of 25 to 30 points.
 A good spot demand and cotton goods trade advices as well as good exports helped the upward trend of prices. An estimate by a well-known southern au- thority was issued making the crop 12,- 540,000 bales and the total ginnings to November IA, 10,91O,0OO. A Memphis authority made the crop 13,056, ,O00 bales and a local firm made public an esti- mate of 14,300,0O0, including 5000 bales of linters.
 Exports for the day totalled 40,o2s bales.
 NEW ORLEANS COTTON
 NEW ORLEANS. Nov. 1S.-Cotton futures closed
The Birmingham age-herald., 1924-11-19
SALES OF STOCK
 EXCEED 2,OO0,OO0 IN UNUSUAL RISE
Both Rail And Industrial Averages Attain
 New Highs

NEW YORK Nov. 1s.-Stock prices advanced in spectacular fashion today with total sales crossing the two million share mark for the sixth time since the day after election. Both rail and in- dustrial averages were at new highs with more than 90 issues breaking through their maximum prices for the year.
 Railroad shares again came into the fore, contributing at least two dozen of the new highs established during the season. Buying orders were fairly well divided between the high grade dividend paying issues and the low priced car riers, the demand being stimulated by the prompt subscription of three rail- road stock offerings today.
 Frisco common, which is expected to be placed on a dividend basis next month, was the outstanding feature in that group, scoring over 6 points to 8 new high price at, 56 on total trans actions of approximately 10000 shares. Other rails to establish new peak prices were Union Pacific, Northern Pacific, Missouri Pacific common and preferred, New York Central, Atchison, Atlantic Coast Line, Louisville and Nashville, Baltimore and Ohio, Rock Island and the Wabash issues. Katy" issues were heavy In reflection of speculative dis appointment over the failure of the di-
  ferred at the full $7 rate.
 Strength of United States Steel. which moved up more than 2 points to 116A, the highest price in five years, gave impetus to the advance in other stocks.
 Public utilities gave an excellent ex- hibition of group strength under the leadership of Radio corporation com mon, which scared points to 4SA Con- solidated Gas touched 76%, a new top, and then dropped point from it's high. Laclede Gas, Peoples Gas and Colum- bia Gas also sold at the years best levels.
 Merchandising issues also displayed marked buoyancy. Sears, Roebuck standing out with gain of more than g points at 142. Other issues in that group to move to new high ground were H. R. Mallinson, Associated Dry Goods, May Department Stores, Montgomery Ward and Brown Shoe.
 Other outstanding individual strong spots included the Maxwell Motor is- sues, United States Cast Iron Pipe, American Ice, Commercial Solvents and United States Distributing preferred, the net gains in which ranged from to 61A points. .
 Call money renewed at ? per cent but advanced to 2h in the afternoon when local banks called about $20 100000 in loans to replenish their reserves at the federal reserve bank. Time money rates were unchanged. Commercial paper was slightly firmer with 3h per cent the ruling rate for prime names.
 Foreign exchange rates displayed firm tone. Demand sterling rallied more than a cent to around $4.62k, and nomi- nal gains were registered by most of the other European currencies.
 Stock market aVara
The Birmingham age-herald., 1924-11-19


 NEW YORK, Nov. 17.-Radio shares led an upward movement in stock prices on the curb market trading today with several issues reaching new high ground for the year on an expanded volume ot business.
 Heavy buying of radio corporation common, in line with a sharp advance innthe shares on the New York Stock exchange, carried that issue up 1% to new top price at 9%. Dubiliar jumped 2A and Hazeltine 2Ss.
 Solar Refining responded to the decla- ration of a $5 extra dividend by z point spurt to 205 with Vacuum Oil and Standard Oil of Indiana joining in the upward movement. Both scored gains of more than a point on heavy turnovers. Fractional losses in other oil shares partially offset these gains. Individual strong spots included Cleveland Motors, which advanced 2A points and American Gas and Electric up 1$. Coptinued nervousness over merger developments in the baking field was reflected in another slump in United Bakeries which fell back 3H points to 147h.
The Birmingham age-herald., 1924-11-19
DRY GOODS

NEW YORK, Nov. 1S.-Cotton goods markets were less active in the gray goods division today but prices held steady. Demand for finished goods in- creased substantially and large sales of percales, bleached cotton, and some of the colored and domestic cottons were reported. Yarns held steady with an undertone of greater firmness. Raw silks advanced on heavier buying. Spot burlaps were slightly easier, afloat goods steady and Calcutta markets slightly higher. Carpets and floor cov- erings generally continued in demand with some plants beginning to operate at night to fill orders within the time specified for deliveries.
The Birmingham age-herald., 1924-11-19
LIVERPOOL. COTToN

LIVERPOOL, Nov. 18.-Cotton: Spot quiet; prices steady; strictly good mid ding, 14.50d; good middling, 14.15d i; strictly middling, 13.95d; middling, 13.75d; strictly low middling, 13.5Od; low middling, 13.00d; strictly good ordinary, 12.60d; good ordinary, 12.20d; sales, D. GOO bales, including $500 American; re- ceipts, 77,000 bales, including 63,000 American. Futures closed steady: No vember, 13.53d; December, 13.47d; Jan uary, 13.51d; March, 13.75d; May, 13.61d i; July, 13.49d; October, 12.93d.
The Birmingham age-herald., 1924-11-19
FOREIGN EXCHANGE

NEW YORK, Nov. 18.-Foreign ex- changes firm. Quotations in cents; Great Britain, demand, $4.63b; cables $463%: 60-day bills on banks, $4.60% France, demand, 5.23%; cables, 5.24A Italy, 432@4.32h; Belgium, 4s1@4.s1A Germany, 23.s1; Holland, 4009; Nor way, 1477; Sweden, 26.S4; Denmark 17.56; Switzerland, 1926; Spain, 1861; Greece, 1.7s1a; Poland, 1874: Czechoslo- vakia, 29Sh; Jugoslavia, 1.45h; Aus tria, .O014h; Rumania, .57h; Argentina S7.75; Brazil, 11.75; Tokio, Ss%; Mon- treal, 100.
The Birmingham age-herald., 1924-11-19
- MONEY MARKET

NEW YORK, Nov. 1S.-Call money steady; high. per cent; low, 2; ruling rate, 2; closing bid, 2a; offered at 24; last loan, 212; call loans against accept ances, 2; time loans steady; mixed col lateral, 6090 days, 3A Q3k; 4-6 months. SAQ3%; prime commercial paper, 3A@ BE-.
The Birmingham age-herald., 1924-11-19
HUBBARD BROS. & CO.

Members New York Cotton Exchange, New Orleans Cotton Exchange. Now Members Liverpool Cotton Association. Orders solicited for the purchase and sale of Cotton and Cotton Seed Oil for future delivery. Special consignment of spot cotton for delivarv.
The Birmingham age-herald., 1924-11-19
MARKET FLASHES

WASHINGTON, Nov. 1s-The first official estimate of the production of wheat in the Argentine is 190, ,OOO, ,OOOO bushels. Commercial Attache Freely at Buenos Aires today informed the com merce department. The crop is esti- mated to be 57,O00000 bushels less than last years. The production only once before has fallen as low as this years estimated crop, the attache said.
The Birmingham age-herald., 1924-11-19
POTATO MARKET

CHICAGO, Nov. 18.-Potatoes, trading moderate, market about steady; re- ceipts, 65 cars; total United States ship ments, 761 Minnesota and Wisconsin sacked round whites, $1.O0@1O5; Wis consin partly graded 9OG95c; Wisconsin bulk round whites, S11OQ1.15; Minne-
The Birmingham age-herald., 1924-11-19
CHICAGO, Nov. 1s.-Chicago's nt

CHICAGO Nov. 18.-Chicago's new cotton market will open Monday, De- cember 1, the directors of the board of trade decided tonight. The first month traded in on, the Chicago market will be January. Many applications have been received, it was stated, from Hous- ton and Galveston warehouses for ap- proval as regular places for storage and
The Birmingham age-herald., 1924-11-19

tine, steady, 791kc; sales, 100; receipts s32; shipments, 357; stock, 11,121.
 Rosin firm, sales, 1,198; receipts, 333; shipments, 3,392; stock, 7s,O96.
 Quote: B to I, $6.45; K, $647h; M $6.50; N, $6.75; VIC, $735; wv, $7.9O; x, SS15.
The Birmingham age-herald., 1924-11-19

LONDON, Nov. 1S-Official figures issued by the British ministry of labor record the average level of retail prices for commodities on November 1, four points higher than on October 1, making them approximately 80 per cent above July, 1914, and Il per cent higher than Iune-1 this year.
The Birmingham age-herald., 1924-11-19
MARKET AT A GIANCE

NEW YORK: Stocks strong; over 70 new high records include 22 rails. Bonds steady; Federal Light Is rally Az points.
 Foreign exchanges firm; sterling gains cent.
 Cotton higher; strong spot market. Sugar easier; commission house sell ing.
 Coffee strong; bullish Brazilian crop advices.
 CHICAGO: Wheat irregular; ral- lied partially, sympathy with corn. Corn strong; light country offerings. Cattle steady.
 Hogs lower; heavy receipts.
The Birmingham age-herald., 1924-11-19
SPOT COTTON

NEW ORLEANS, Nov. 1s.-spot cot ton firm, 30 points up. Sales on the spot, 2,221; to arrive, 2,800; low middling, 22.50c; middling, 2450c; good middling, 25.Ooc; receipts, 15,572; stocksl \339 1869.
 NEW YORK, Nov. 1s.ACotton: Spot, steady; middling, 24.5Oc.
The Birmingham age-herald., 1924-11-19
POULTRY AND PRODUCE

NEW YORK, Nov. 1S.-Butter steady; receipts, 11,802; creamery, higher than extras, 4h@50c;, creamery extras, g score, 44c; do firsts, S8 to 91 score, $50 43c; packing stocks current make No. 2, 26e.
 Eggs, firm; receipts, 10.S95; fresh gath cred extra firsts, 5s@61c; do firsts, 500 57c; do seconds and poorer, 37@4Sc; nearby hennery browns extras, 66@75c.
 Cheese firm; receipts, 339,6A pounds. State whole milk flats fresh fancy to fancy specials, 21@22c; do average run, fancy to fancy specials, 22@2Sc; do aver age run, 20@21hc.
 Produce articles were unchanged.
 Live poultry irregular. Chickens, by freight, 21@22c; by express, 2S@27c; broiiers, by freight, 2s@3oc; by express. press, 19@20c; roosters, by freight, 17c; turkeys, by freight, 25c; by express. 2s @2sc.
 Dressed poultry firm; turkeys. eastern. 35@43c. T,
 creamery extras, 41hc; standards, 39hc; extra firsts. 3sh@4oc; firsts. s5@37c; seconds, 30@33c.
 Eggs, steady; receipts, 4,22s cases firsts, 47@54c; ordinary firsts, 40@44c; refrigerator extras, 36h@37c; firsts, S5 @351sc.
 Poultry, alive, unsettled; fowlz, 1s@ 20hc; springs, 21; roosters, 16c; turkeys, 26c; geese, 17c; ducks, 200.
 KANSAS CITY. Nov. 1s.-Produce un- changed.
 ST. LOUIS, Nov. 1s-Produce: but ter, 42Ac; eggs, unchanged; poultry: ducks, 200; geese, 16c; others unchanged. COTTON SEED OIL
 NEW YORK, Nov. 1S.-After starting a shade easier under hedge selling by refiners, cotton seed oil firmed up to- day through commission house buying and covering on the strength in other markets, notably lard. Closing bids were below the top, but to 10 points net higher. Sales, 29,500 barrels; prime crude, $s.s7h @900; prime summer yel- low spot, $11; December closed, $10.72; January, $10.7o; March, $1O.77; May. $10.91, all bid.
The Birmingham age-herald., 1924-11-19
JACKSONVILLE Fla

JACKSONVILLE, Fla, Nov. 1s- Turpentine steady, 792 @sOc; sales, 4S2; receipts, 8So; shipments, 58; stock, 24,- 207
 Rosin firm; sales, 1,296; receipts, 3,2S1; shipments, 400; stock, 111,971.
 Quote: B to I, $6.45; K, $6.471h; M, $6.5O; N, $6.75; VIC, $7.S5; wv, $s; x s.
The Birmingham age-herald., 1924-11-19
NEW YORK CURB

NEW YORK. Nov. ls-Following Is the official list of transactions on New York Curb Exchange, giving all stocks and bonds traded in:
 lNDUSTRIALS
The Birmingham age-herald., 1924-11-19
NEW YORK BONDS

NEW YORK, Nov. 1s.-Following are todays high, low and closing prices of stocks on the New York Stock Exchange, and the total sales of each bond:
 UNITED STATES BONDS
 United States bonds are quoted in dollars and
The Birmingham age-herald., 1924-11-19
LONDON MONEY

LONDON, Nov. 18.-Bar silver. 33 11-16 pence per ounce. Money. per cent. Discount rates, short bills, 8 9-16@3 11-16 per cent; three months bills, 3% per cent.
The Birmingham age-herald., 1924-11-19
RICE MARKET

NEW ORLEANS, Nov. 1s.-Roueh rice, strong; sales, none; receipts, mill CTS, 10,497 sacks.
 Clean rice, strong; sales, 100 Hondu- ras, 6ss; 9,233 Blue Rose 5% @6c; 154 Edith, 6%c; 129 Fortuna, 5kc; receipts, 2,S00 pockets.
 Bran, $25.oO@26.OO; Polish. $35@ss per ton.
The Birmingham age-herald., 1924-11-19
PORT MOVEMENT
INTERIOR MOVEMENT

Receipts-week. 262, ,IS3; season, 4,I64,625. E1ports-Week. 2S0.l9l; season, 2.679,O23.
The Birmingham age-herald., 1924-11-19

CHICAGO, Nov 1s.-wheat: No. 3 Corn: No. mixed $1.15A; No. yell low, $1.17h Q1.1sh.
 Oats: No. ? white, 51Ac; No. white. 50A @52hc.
 Rye: No. 2, $1.3S@1s5H. Barley, 7s@ 92c. Timothy seed, $5.5006.75.
 Clover seed, $24.50@31.75; lard, $14.60; ribs, $1350; bellies, $145O.
The Birmingham age-herald., 1924-11-19
FLOIIR MARKET
NAVAL STORES

MINNEAPOLIS, Nov. 18.-FIour un. changed. Shipments, 41,833 barrels Bran, $26.00.
The Birmingham age-herald., 1924-11-19

FOREIGN MONEY NEW YORK, Nov. -1S.-Bar silver, 69A; Mexican dollars, 53h.
The Birmingham age-herald., 1924-11-19
NEW YORK STOCKS

NEW YORK. Nov. ls-Followng are today's sales, high low and closing prices of stocks listed on the New York Stock Exchange:
The Birmingham age-herald., 1924-11-19
GRAIN AND PROVISIONS
CASH GRAIN

 ST. LOUIS, Nov. 1s.-cash wheat: No. 2 red, $1.60@163h; No. 5 red, $1.49. Corn: No. 2 white, old, $1.121a; No. 2 yellow, old, $1.15.
 Oats: No. ? white, 55c; No. white, 53c.
 Close wheat: December, $1.25H; May, $159%.
 Corn: December, $1.14; May, 12s. Oats: December, 54Xc; May, 58%c. KANSAS CITY, Nov. 1S.-wheat: No. 2 hard, $1.43@1.54; No. 2 red, $154@1.59. Corn: No. 2 yellow, $1.09; No. mixed, $106.
 Oats: No. 2 white, 53c. TOLEDO, Nov. 1.-Clover seed, old, $19.30; new and November, $19.75; December $19.s0; February, $19.S5. AL sike. old, cash, SIS; new, $1320. Timothy seed cash and November, $3.30; Decem- Der, $3.35. -.
The Birmingham age-herald., 1924-11-19

NEW ORLEANS COTTON NEW ORLEANS. Nov. 1S.-Cotton futures closed steady at net adYanca of tn 2n nnIntn
The Birmingham age-herald., 1924-11-19

LOUISVILLE, Ky, Nov. 1s-Cattle: Receipts, 200; steady; heavy steers, $7.50 @s.0O; beef steers, $450@7.25; heifers $4.5oQ6.50; stockers, $3.o0@5.50. Calves receipts, 200; steady; best veals, $9.0O down; seconds, $5.50 down.
 Hogs: Receipts, 500; 25c lower; 17E pounds and up, $9.15; 120 to 175 pounds $7.90; pigs, $6.75; throwouts, $7.50.
 Sheep: Receipts, 100; steady.
The Birmingham age-herald., 1924-11-19

DOMESTIC BONDS 8 Am Agr Chem 7hs........ 94Z 94h g4h Am Chain s f deb 6s..... 97 96M s8X
The Birmingham age-herald., 1924-11-19

Total sales of bonds today were SI7'l14 Soo com. n . year ago.
The Birmingham age-herald., 1924-11-19
COTTON SEED OH

ST. LOUIS, Nov. 1s-Produce: but
 ter, 42hc; eggs, unchanged; poultry:
 ducks, 20c; geese, 16c; others unchanged.
Newark leader. ([Newark, Ohio]) 1917-1946, 1924-06-13
MOTOR EVOLUTION
LIKE PULLMAN CAR

"The evolution of the motor car in
dustry is strikingly similar to that OF
the railroad Pullman car" recently
stated T. S. Johnston, general sales
manager Of the Flint Motor Company
of Flint, Mich, in speaking of the
trend of improvements in the motor
car field.
"When George M. Pullman first
built his sleeping cars they were con-
sidered a luxury, the same as was the
automobile in it's early days, and they
were crudely lacking in refinements
and of comparatively flimsy construc-
ton in contrast with the luxuriously
finished and vestibuled all-steel Pull
mans of today.
"But later when the ever increasing
number of night travellers placed the
Pullman car in the class of business
necessities, George Pullman was faced
with the problem of making his cars
as safe for travel as human achieve
ment could attain. 1t is this same
problem which is being worked out
today" emphatically declared Mr.
Johnston, "and this element of safety
in automobiles has already received
careful thought upon the part of au-
tomotive engineers.