davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1924-12-05
NEW ORLEANS COTTON

NEW ORLEANS, Dec. 1.-The cotton market was a tame affair today with business exceedingly light and fluctua- tions in prices narrow the extreme spread being IA to IS points on the more active months. The small price move ment was attributed to the virtual dis counting of government estimate of between 13,200,00O and 13,3O0,0O0 bales. Although several private estimates were issued during the day they were without effect on the market. The lows of the day were established within the first few minutes of trading and the highs near the close of the session, although slight reaction just at the close led to a small net loss for the day.
 Liverpool came in about as due but the local market opened 8 to 6 points down and soon traded down Il to 13 points below the close of yesterday. The market rallied 13 to IA points and fluctuated within a few points under that level until late in the afternoon when new highs were made with Janu- ary at 23.30c and March at 232Sc, or 2 points above the previous close. A re- action during the last minutes of trad ing caused the market to close at a net loss for the day of to 4 points on near months and to 6 on more distanct positions. Exports for the day totalled' 31,742 bales and for the week so far 329,713. The total exports this season to date now exceed the same period last season by sO1,706 bales.
 NEW ORLEANS COTTON.
 NEW ORLEANS, La, Dec. 4-Cotton futures closed steady at net decline of 8 to points,
The Birmingham age-herald., 1924-12-05
CI1RR EXCHANGE

NEW YORK, Dec. 4-Heavy buying of curb stocks was renewed on broad scale today with new highs being re- corded in all groups. Standard oil of Ohio jumped points and Prairie Oil and Gas and International Petroleum a point each, most of the other active is- sues recording fractional gains.
 Lehigh Valley Coal certificates, the most active feature in the industrial group, advanced a point, Nickel Plate" common stock was again in ac- tive demand, closing more than points higher at S5. The baking issues made moderate gains.
 Radios were in active demand throughout most of the session. Ther- miodyne touched a new top at 15 on reports of heavy December sales and \Deforest crossed 26 on the announce ment that the offering syndicate has been successfully dissolved. but reacted later to 25. Dubilier, crossed 61 to new top and then fell back to 60s. Sleeper Radio, traded in for the first time, ranged between 15 and 15K.
 The feature of the public utility group was a break of more than points in American Gas and Electric common, which sold down as low as 107b. The other issues in that group were mixed, Commonwealth closing about a point higher and most of the other showing only fractional changes.
 The new Argentine government 6s hands on the curb at 95, the pffering price.
The Birmingham age-herald., 1924-12-05
COTTON MARKET
 AGAIN IS QUIET
Punctuation Are Compar- atively Marrow And
 Irregular For Day

NEW YORK, Dec. 4.-The cotton mar ket was quiet again today with fluctua- tions comparatively narrow and lrregu- lar. After selling at 22.96c early, Janu- ary advanced to 23.10c, but later eased to 2295c, closing at that figure in con- trast to 23.09c the previous day. The general market closed steady, net un- changed to IA points lower.
 The market opened barely steady at a decline of's to 12 points under liquida- tion, local, southern and Liverpool sell ing, probably promoted by the easter ruling of the Liverpool market and continued talk of increased crop esti- mates. Early offerings were absorbed within a few points of the initial fig ures and the market steadied at midday on trade buying and covering.
 December advanced from 22,S4c to 22 ,93c and March from 23.32c to 23.49c. The market here may have been influe- enced to some extent by reports of an advance in Egyptian cotton. The de- mand tapered off on the rally, however, and prices eased off again during the afternoon under further liquidation, combined with moderate offerings from the south. December sod down to 22.77c and later months reacted to about the low level of the morning, active months showing net declines of 10 to IA points at the decline. October was relatively steady all day on buying attributed to southern trade interests.
 Four more private crop reports were issued, estimates of the yield ranging from 13, ,170,0O0 to 13,42s,00O bales. Ac- cording to one of these reports, ginning to December amounted to about 12,320, GOO bales.
 Liverpool cables reported a barely steady market owing to higher sterling exchange and straddle selling.
 Port receipts 36,425. United States port stocks, 1,481, 1,961. Exports 31,742, making 3,405,729 so far this season.
 NEW YORK COTTON.
 NEW YORK. Dec. 4.-Cotton futures closed
The Birmingham age-herald., 1924-12-05
WHEAT VALUES AVERAGE LOWER Sag Is Due To Rains In Winter Belt And For
 eign News

CHICAGO, Dec. 4.-Largely as a re- suit of a good rain in the domestic win ter wheat belt, but also owing 10 for eign news of bearish sort, prices averaged lower here today for wheat, despite relative strength of corn and unsettled at F to 1h net decline, May, $1.60@1.60M, and July $1.41s, with corn varying from $ off to hc gain, oats unchanged to $ @kc down and provi- sions showing 2 to 12c advance.
 In addition to the fact that rains had removed drought talk as an influ- ence in the wheat markets. downturns in. wheat quotations at Liverpool counted also as a weight on values here. Export demand was described as slow, and the comparative dearth of business with Europe was attributed to heavy offerings by Argentina, India and Australia. Buying power broadened, however. on price declines nsre ana with the corn market strong a sharp rally carried wheat up to well above yesterdays finish in some cases.
 Renewed weakness of wheat developed during the last part of the Jay owing to a fresh slackening of support rom buyers and because of an increase Of profit taking sales on the part of hold CTS. Some of the selling was apparent ly due to an unofficial crop report which put the 1924 total wheat yield in the United States at 87O,000,00O bushels, about 13,000, ,000 bushels more than the governments preliminary figures. New winter wheat acreage was also esti- mated to show per cent increase.
 Increased rural offerings to arrive eased the corn market after prices had bulged on account of stormy weather and of figures indicating that this years corn crop is the smallest since 1eOS Oats duplicated the action of the corn market.
 Provisions were responsive tos corn strength.
The Birmingham age-herald., 1924-12-05
POULTRY AND PRODUCE

NEW YORK, Dec. Alive poultry irregular; broilers, by freight, 25@26c; by express, 2s@30c; fowls, by freight, 16@23c; by express, 17@2sc; turkeys, by express, 25Q38c.
 Dressed poultry quiet; prices un- changed.
 Butter unsettled; receipts, 6,o9s; creamery higher than extras, 46947c; creamery extras (92 score), ACC; do. firsts (S8 to 91 score), 39@45c.
 Eggs steady to firm; receipts, S,4s2 cases; Pacific coast whites extras, 679 roc; do, firsts to extra firsts, 60466c.
 Cheese firm; receipts, 172,4S6 pounds. State whole milk flats, held fancy to fancy specials, 2S924H.
 CHICAGO, Dec. 4.-Poultry alive un- changed.
 Butter lower; creamery extras, 45hc; standards, 42hc; extra firsts, 42Q44c; firsts, 36Q3sc; seconds, 32Q34c.
 Eggs lower; receipts, 1,53S cases; firsts, 47@52c; ordinary firsts. 35Q4Oc; refrigefrator extras, S61a @37c; firsts, 3544 Q36c.
 KANSAS CITY, Dec. 4.-Produce un- changed.
 ST. LOUIS, Dec. 4.-Springs, 21c; ducks, 14c; others unchanged; butter, 47c; eggs unchanged.
The Birmingham age-herald., 1924-12-05
SALES OF BONDS
 SHOW EXPANSION
Semi-Speculative Rails Capture Most Of Buy
 ing Orders

NEW YORK, Dec. 4.-Expansion of bond trading to near the years record proportions today was accompanied by | several smart rallies in individual is- sues, although the general movement of prices showed little change. Semi- speculative rail liens captured most of the buying orders, many of them soar ing to the years highest levels. Total sales exceeded $24.000, 900.
 Contributing to the strength of the rail issues was the confidence inspired by the Presidents message to congress indicating his approval of consolida- tions and the inauguration of common dividends by the St. Louis-San Fran fisco railroad. Frisco income 6s moved into new high ground for the year, along with Seaboard, Denver and Rio Grande, Katy" and Intern national Great Northern issues, with gains ranging from to points. St. Paul, Missouri Pacific and a variety of other liens were strong, but yielded some of their gains
 Pierce-Arrow Motor ss, responding to reports of improvement in this com pany's earning and financial position, gave one of the most spectacular per- formances of the day, mounting almost 6 points to par and closing with a net gain of 5A. Rogers Brown Iron Is jumped 5 points and Virginia Carolina Chemical Is, Morris & Co. Packing 4hs. Brooklyn Union Gas Is of 1882 and Chile Copper 6s moved up to points.
 With Liberty bonds continuing to work lower. it was reported that many holders were disposing of them at their present premium in orders to transfer their funds to the new long term fours.
 Subscriptions for the full amount of the $30,0O0,O00 Argentine 6 per cent loan were received today, although the books will be held open until tomorrow to ob- tain the widest possible distribution.
 Bond market averages:
The Birmingham age-herald., 1924-12-05
LIVERPOOL COTTON

LIVERPOOL, Dec. 4.-Cotton spot, small business, prices steady. Strictly good middling, 13.8sd; good middling, 13.53d; strictly middling, 13.33d; mid ding, 13.0Sd; strictly low middling, 12.7Sd; low middling, 12.3sd; strictly good 12.78d; low middling, 12.3Sd strictly good ordinary, 11.9sd; good ordinary, 11.3sd. Sales 4,000 bales, including 3,10O American. Receipts, 26,000 bales, includ- ing 25,300 American. Futures closed steady. December, 12.73d; January, 12.7Sd; March, 12.S4d; May, 12.9Od; July, F. .86d; October, 12.51d.
The Birmingham age-herald., 1924-12-05
DRY GOODS

NEW YORK, Dec. 4.-Bidding in the gray cloth markets was more active for the day but sales were moderate as buyers and sellers were apart on prices. Yarns were quiet. Raw silk shipments from Yokohama have been very large to date for the season, making record figures. The local raw silk market ruled quiet and prices barely steady. Burlaps were firmer on reports of high CT prices at Calcutta. Moderate sales of wool and cotton heavyweight under wear for the fall of 1925 were reported by mills that have opened their lines. Expectations of higher prices on wool goods caused hesitation on mems wear lines but dress goods continued to sell moderately and steadily, with flannels leading.
The Birmingham age-herald., 1924-12-05
VALUES
 CRASH THROUGH
 PREVIOUS HIGHS
Prices Sweep Forward ,, As 100 Issues Attain s@ New Peaks

NEW YORK, Dec. 4.-Stock prices swept forward in today's market to the highest level in several years in reflec- ton of the favorable impression cre- ated by the Presidents message to con- Sress and a large quota of encouraging xyAde news. One hundred issues, 35 of Mem rails, were carried to new peak pr1ces for the year on net gains run ninx from to sh points.
 Publication of the administrators at titude on railroad consultations created an enormous demand for the carrier shares. particularly the southwestern is- suess which have been mentioned in connection with favorable merger or dividend developments. High grade rails. however, were not neglected, At lantic Coast Line, Illinois Central com mon and preferred and Pennsylvania, Chesapeake and Ohio and Baltimore and Ohio being among the dividend payers to break through their previous maxi mum quotations.
 G Frisco common responded to the in ausuration of dividends by advancing 2h points to 647a, while the preferred closed nearly points higher at 82ss, both selling at the highest prices since the reorganization of the road in 1916. Other low priced carriers to sell at rec ord prices included the three Wabash Issues, Katy" common and preferred. Texas and Pacific, St. Louis. Southwest and Chicago and Northwestern.
 Revival of speculative interest in the copper shares followed the stiffening of commodity prices, several issues in that group recording new maximum quota tions. The list included Anaconda, Utah. Chino, Ray Consolidated and American Smelling. Net gains as a rule were small.
 Increased activity also was noted in rthe oil group, Pan American issues be- ing in active demand at the close on re- n0rtl that fhA fncraa In fYYa oil Y,ricec in next years contracts would approxi- mate 2 per cent of the outstanding cap ital stock.
 Standard industrials failed to attract much attention, but practically all of them closed hgiher on the day. United States Steel showed a net gain of 4 at 117%; American Can advanced a point to 14S% and Baldwin climbed 1A to 1884. Mallinson was bid up above Al on reports that November sales were double those of last year, but heavy profit taking later sent the stock back Spirited bidding developed for several specialties in the final dealings. Gen. eral electric soaring a gain of 81z points to 275h.
 Other outstanding strong spots were United States Realty common and pre- Omaha preferred, Colorado and South ern, Davison chemical, Gulf, Mobile and Northern preferred, Radio Corporation and United States Distributing, all of which closed to points higher. \ Call money held steady at per cent Nall day. Time money and commercial Ibaper rates were unchanged with busi- | bess quiet.
 u The marked buoyancy of sterling ex- change which advanced nearly points to S4.69, the highest since the spring of ! last year, was the outstanding feature of the foreign exchange market. Swiss francs and Dutch guilders also sold at hew top prices.
 rIFa at
The Birmingham age-herald., 1924-12-05
CASH GRAIN


 TOLEDO, Dec. 4.-Clover seed' oio' s19; new, $19.45; December, $ls:4o; FeD- ryary $197O; -alsike, old, $12So; new si2 90 asked; timothy seed, cash, $3.25; December, $325. | NEW YORK, Dec. 4.-Rye firm; No. z western, $1.14A f. o. D. New York ana S1.42h c. i. f. export.
 Pork steady; family, $32934. Lard firm, middle west, $16.75Q15.S5. Other articles were unchanged. ST. LOUIS. Dec. 4-Cash: Wheat, No. red, $1.71; No. 3 red, $1.6o@1.67. Corn: No. white seed, $1.25; No. yellow, $1.15k @116.
 Oats: No. white. 56c; No. white, 541a @55c.
 Corn: December, $115; May, s1.22%. Oats: December, 53c; May, 59c. KANSAS CITY, Dec 4.-wheat: No. 2 hard, $1.4s@162; No. 2 red, $1.60@1 1.65. Corn: No. ? yellow, $1.11@1.12; No. 2 mixed, $10s@11oh.
 Oats: No. white, 55kc. CHICAGO, Dec. 4.-Wheat: No. red, S1.63h; No. 2 hard, $1.56A.
 Corn: Mo- mixed, $117A @-.1Sh; Mo- 2 yellow, $119@119A.
 oats: No. ? white, 56@57c; No. 8 white, 52@55c.
 Rye: No. 2, $133h.
 Barley, s2@95c.
 Timothy seed, $5.50@6.75.
 Clover seed, $24.0o@31.25.
 Lard, $12.20; ribs, $13.75; bellies, $15.5o.
The Birmingham age-herald., 1924-12-05
RANK OF ENGLAND

LONDON, Dec. 1.-The weekly state |ment of the Bank of England shows |the following changes in pounds: Total reserve decreased 727 000; cir .culation increased 730,000; bullion in- Icreased 3,231; other securities decreased :, ,E39 900; other deposits increased 20,-
 D44y 900; public deposits dacreased s,344,- boo; notes, reserve, decreased 727, 900;
 securities increased 22,954,- boo. The proportion, of the banks re- |serve to liabilities this week Is 17.02 |per cent; last week 1t was 1921 per |cent-
 Rate of discount, per cent.
The Birmingham age-herald., 1924-12-05
EOREIaM RnMns
FOREIGN EyCUANCp

NEW YORK, Dec. 4.-Foreign ex- changes firm. Quotations in cents: Great Britain demand. $4.6SA; cables, $4.6sss; 60-day bills on banks, $4.65ss :: Denmark, 17.72; France demand, 6.5S: cables, 5.52h; Italy, 4.32N and 4.SSA :; Belgium, 51a and 5.01; Germany, 23.S1; Holland, 40.45; Norway, 1497; Sweden. 26.94; Switzerland, 1887; Spain, 1887: Greece, 1.811s; Poland, 1874; Czechoslo- vakia, 3.014s; Jugoslavia, 1.47; Austria, .0014A; Rumania, .49; Argentina, 36, ,62; Brazil, 11.6O; Tokyo. 3sla; Montreal,
The Birmingham age-herald., 1924-12-05
CHICAGO: Wheat lower; poor ex-
MONEY MARKET

NEW YORK, Dec. 4.-Call money easier; high, per cent; low, 8; ruling rate, 8; closing bid, 8; offered at 3A; last loan, 8; call loans against accept ances, 21a; time loans, firm; mixed co., lateral, 60-90 days, 3A Q3h; 4-6 months, sk@SA; prime commercial papeEs S1s.
The Birmingham age-herald., 1924-12-05
METAL MARKET

NEW YORK, Dec. 4.-Copper. firm /. electrolytic spot and futures, 14Ac.
 Tin, firm; spot and futures $55.37.
 Iron irregular, No. l, mortimer, S23. 50 G25.00; No. northern, $22.50Q23. .50; No. 9 southern, $19.00Q2000.
 Lead steady, spot, $S.65Q9.0O.
 Zinc steady; East St. Louis spot and futures, $7.00@7.02.
 Anttmonys spot, $14.50.
The Birmingham age-herald., 1924-12-05
CoFFEE FUTURES

NEW YORK, Dec. 4.-Coffee futures opened today at an advance of 30 to AZ points on covering promoted by steady early cables from Brazil, but increased offerings at 1S.60c for March and broke later under renewed liquidation accom- panied by rumors of an easier turn in the primary markets. March sold off to 17.47c, the market closing at net decline of 60 to 90 points. Sales here were estimated at 100000. Closing quo- tations: December, 1S.45c; January, 1s2Oc; March, 17.5oc; May, 16.65c; July, 16.10c; September, 15.45c.
 Spot coffee nominal; Rio Is, 21c; San tos As, 26Q27c. Cost and freight offers included part Bourbon 3s and 5s at 25.30Q 26.00c.
 Rio exchange on London 5-64 pence lower; dollar buying rate 50 reis higher; Rio market 1875 to 2,005 reis higher; Santos 1850 to 1,425 reis higher. Later cables showed reactions of 575 to 1,025 reis in the Rio market and of 150 to 800 in Santos. Brazilian port receipts 46,- 900; Jundiahy 22000.
 The worlds visible supply was 5,661,- 029 bags on December 1, compared with 4,694, ,4s8 last year.
The Birmingham age-herald., 1924-12-05
SuGAR MARKET

NEW YORK, Dec. 1.-The raw sugar market advanced 1-16 for spots today to the basis of 6.15c for Cuban duty paid Sales included about 2S,000 bags Suban from store, prompt shipment at 615 and $500 bags European beet raws, due to arrive between December 20 and 22 at 5.S4c delivered.
 Raw sugar futures were higher, re- flecting the strength in the spot market, a although crop advices were favorable. Closing prices showed net advances of to 4spoints on covering and trade buy ing. Cuban advices said that the wealth CT continued favorable with five cen trals grinding. December closed, 4.31c; March, 3.0Sc; May, 313c; July, 3.22c.
 Business in refined sugar was linn ited to nearby requirements with prices unchanged at 7.15 to 7.60c for fine gran ulated.
 Refined futures were nominal.
The Birmingham age-herald., 1924-12-05
MARKETS AT A GLANCE

NEW YORK: Stocks strong; rails lead general advance.
 Bonds higher; semi-speculative rails rally.
 Foreign exchange buoyant; sterling tops list of new 1924 highs.
 Cotton easy; bearish crop estimates. Sugar higher; firm spot market. Coffee weak; prices break 1c a pound. CHICAGO: Wheat lower; poor ex- port inquiry.
 Corn barely steady; freer country of ferings.
 Cattle firm; active demand.
 Hogs lower; heavy receipts.
The Birmingham age-herald., 1924-12-05
HUBBARD BROS. & CO.

Members New York Cotton Exchange. New Orleans Cotton Exchange. Now Members Liverpool Cotton Association. Orders solicited for the purchase and future delivery. Special consignment of spot cotton for delivarv.
The Birmingham age-herald., 1924-12-05
NEW YORK BONDS

NEW YORK. Dec. 4.--Following are today's high. low and closing prices of bonds on the New York Stock Exchange. and the total sales of each bond
 United States government bonds in dollars and thirty seconds of dollars).
 uNIIEn STATES BONDS
The Birmingham age-herald., 1924-12-05
CHICAGO COTTON

CHICAGO, H., Dec. 4.-Cotton today closed six to seven points lower. Bear ish crop estimates induced some early selling, but shorts bought quite freely, The volume of trade was fair.
The Birmingham age-herald., 1924-12-05

LONDON, Dec. 4.-Bar silver, g 15-16 pence per ounce; money, 2A per cent; discount rates, short bills, 3h@6% per cent; three months bills, 35s @3 11-16 per cent.
The Birmingham age-herald., 1924-12-05
RICE MARKET

NEW ORLEANS, Dec. 4.-Rough rice strong; no sales; millers' receipts, 9.144 sacks
 Clean rice strong; sales, 100 Honduras, 7c; 3304 Blue Rose, 6 1-16@6 7-16; 100 early prolific, 6Ac; 463 screenings, 3A Co 31hc: 445 Lady Wright, 7c; 68 Fortuna, 6hc; receipts. 6,200 pockets. Bran and polish unchanged.
The Birmingham age-herald., 1924-12-05

NEW ORLEANS, Dec 4.-Spot cotton steady, points down; sales on the spot, 474; to arrive, 675; low middling, 21.70c; middling, 23.20c; good middling, 23.7Oc; receipts, 14,12S; stock, 405,26s.
The Birmingham age-herald., 1924-12-05
NEW YORK CURB

NEW YORK. Dec. 4.-Following Is the off cial list of transactions on the New York Curb Exchange. giving all stocks and bonds traded in:
 INDSuTRIAlS
The Birmingham age-herald., 1924-12-05

NEW YORK SPOT COTTON NEW YORK, Dec. 4.-Cotton: Spot, quiet; middling, 23.30c.
The Birmingham age-herald., 1924-12-05
FOREIGN MONEY
IONnON MONEY

NEW YORK, Dec. 4.-Bar silver, 68Z Mexican dollars, 55.
The Birmingham age-herald., 1924-12-05
PORT MOVEMENT.
INTERIOR MOVEMENT

1oNoI toIay Receipts-Week. 347 s64; season, ,O66, ,IsI. E1ports-Week. s29.7l3; season. 3,357, ,O02.
The Birmingham age-herald., 1924-12-05
FLAX MARKET

DULUTH. Minn.. Dec. 4.-Close flax: December. $2.64%; January. $2.64%;
The Birmingham age-herald., 1924-12-05

NEW ORLEANS COTTON. NEW ORLEANS, La, Dec. 4-Cotton futures osed steady at net decline of to points.
Evening star., 1924-10-31
OUSTED PROFESSOR HITS
BACK AT SCHOOL HEADS
Mercer q. Biology Department
Head Declares Trustees Violated
Common Courtesy.
By the Associated Press.

By the Associated Press.
ATLANTA, Ga, October 31-De- :
claring that recent action of he
governing bodies of Mercer U1Sver-
sity in asking for his resignation con-
stitutes "a repudiation of the entire
principle of academic freedom and
an attack on the fundamental Bap-
tist principle of the religious free
dom of the Individual" DIR. Henry
Fox, former professor Of biology at
Mercer, answered his critics in a
statement received yesterday by the
Christian Index.
DR.. FoX's statement contains an
attack on the committee for publish
ing without his knowledge or con-
sent" the statement of his religious
beliefs prepared solely for the per-
sonal use of President Weaver" de-
claring that many people will find it
difficult to reconcile this action with
the common idea Of courtesy.
"My- position as regards science
and religion" says the statement. in
part. "is one in which, to paraphrase
Evening star., 1924-10-31
tanned in small donations of So and

$40 each.
While unless there is a change of
heart on the part of the sporting
fraternity within the next few weeks,
Mccoy will so to trial penniless, this
does not mean that he will be with
out able legal talent or that hard fight
will not be made to prove him inno-
cent. The publicity which comes to
such widely read murder case is
some compensation in itself, and to
the lawyer who could save Mccoy
would flock both fame and hitherto
reluctant legal business. For that
reason Mccoy will be ably defended
but it does not compensate for
being deserted in the hour of need
by the rank and file of the sporting
fraternity whom he long thought
were his loyal friends.