The Montgomery advertiser. [volume], November 21, 1916, Image 8

About The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982

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PEARCE, CHARGED
Dothan Man Admits He
Hired Blacks to Go to
New Jersey Engagement
Announced
(■■racial la The Alftrtlwr.)
DOTHAN, ALA.. Nov. 20.—Charged
with enlisting negro recruits to leave
the South for New Jersey, Homer
Pearce, who lives near this city, was
arraigned before Mayor Young Mon
day morning and fined ISO and sen
tenced to twelve hours in jail; but when
the defendant turned up a man whom
he said had sold him liquor the jail
sentence was revoked.
Pearce made a clean breast of the
enterprise, one of the features of the
case being the fact that he said he had
been hired by another man, whpse name
he could hot remember. He offered
to point the man out to the police if he
could find him.
By bis own admission, Pe'arce had
been collecting ll each from negroes,
promising to send them to New Jersey.
They were to have left Dothan on an j
Atlantic Coast Line passenger train
Saturday. Pearce said he commenced j
working for the "mystery man" Friday.
Funeral Services.
funeral services for Tom Llsenby.
who was struck by an automobile
driven by Henry Bell, and who later
died from the injuries, were held at
Smyrna Church Cemetery, near Dothan,
Sunday afternoon. Pathetic scenes
were enacted, and it Is said that Bell
Was so grief stricken he had to have a
physician treat him. According to
available Information the accident was
unavoidable.
Juries Organised.
Work was resumed in Circuit Court
Monday morning. Judge H. A. Pearce
presiding. Petit juries for the week
were organised and charged by the
Judge. The docket this week consists
pf criminal and civil cases.
Simon t on-M skis.
Mrs. Rosa Simonton announces (the
engagement of her daughter, Daisy
Adella. to Mr. Thomas OuinnesB Makin,
the wedding to take place on the even
ing of December 17th, at the First
Hethodlst Church.
Relatives Arrive at
' Mobile to Search For
Missing Bank Head
(■pedal to The Advertiser.)
MOBILE, ALA., Nov. 20.—William
McCausland and R. H. McClelland, eon
and brother-in-law of William Mc
Cansland, president of the Capital City
Bank of Raton Rouge, La., arrived in
Mobile today to Institute a search for
the banker, who, according to H. C.
Murnam. is missing in the Tensaw river
awamps. McCausland was last seen
alive on Wednesday. A thorough
search of the Tensas river swamp will
M made In launches and small boats.
McCausland la about ^ years of age
and always has been a great hunter.
. Mr. McCausland came to Mobile a
w®ek ago last Saturday, according to
Mr. Murnam. He left Mobile in a
launch last Wednesday for a ducking
trip and was accompanied by a young
bdy. This boy came to Mobile Thurs
day afternoon and reported that Mr.
McCausland was missing.
Mr. Murnam organised a searching
party and they made two trips to the
vicinity where the banker was last
seen. The marshes were beaten thor
oughly and all small bayous searched,
but there was no trace of the man.
Mobile Man Charged
With Kidnapping His
Own Boy on Trial Today
(■Pedal *• The Advertiser.)
MOBILE, ALA., Nov. 20.—E. A. Drake,
•f this city, arrested by the Mobile
police on orders from the New Orleans
department, charging him with kid
napping his 11-year-old son, was be
fore the recorder Monday. The case,
at the request of the attorney for the
complainant, Mrs. Drake, went over
until Tuesday. Mrs. Drake, who ar
rived in Mobile Saturday night, wax
present in court.
Drake was taken In custody here
Saturday afternoon by the local police
when found In custody of the boy. The
Drakes have been separated for some:
time, according to the police, and for
two years Mrs. Drake has been making
her home , in New Orleans. The former
wife of the man alleges that he visited
the Crescent City last Friday and kid
napped the boy and brought him to
Mobile.
Mrs. Drake says that the boy was
given to her by Judge Samuel Browne
of the Circuit Court through habeas
corpus proceedings. Drake denies that
the ex-wife has the right to the child
and will fight the case. I
A CHILD'S TONGUE
SHOWS IF LIVER OR
BOWELS ARE ACTIVE
It CT—«. Feverish, Sick. Billau. Gin
Fruit Ltullve at Oace.
Every mother reallxee. after giving
lier children “California Syrup of
Else,' that this Is their Ideal laxative*
because they love its pleasant taste
and It thoroughly cleanses the tender
little stomach, liver and bowels with
out griping.
When cross. Irritable, feverish or
breath la bad, stomach sour, look at
the tongue. Mother! If coated, give a
teaspoonful of this harmless "fruit
laxative,” and In a few hours all the
foul, constipated waste, sour bile and
undigested food passes out of the
bowels, and you have a well, plavful
child again. When Its little system is
full of cold, throat sore, has stom
ach-ache, diarrhoea, indigestion, colic
—remember, a good "inside cleansing" j
should always be the first treatment I
given. |
Millions of mothers keep "California j
Syrup of Figs” handy; they know a'
teaspoonful tdday saves a sick child i
tomorrow. Ask your druggist for a!
50-cent bottle of "California Syrup of
Figs." which has directions for babies,:
children of all ages, and grown-ups
printed on the bottle. Beware of coun
terfeits sold here, so don’t be fooled.
Get the genuine, made by "California
Fig Syrup Company."
Bicycle Repairing
is a specialty with
us. We employ ex
inn
mums
EM HI
People Should Give
Thanks For Peace in
United States, Declares
Mayor Robertson
In accordance with the custom of
past yeatu, W. T. Robertson Monday
morning Issued the annual Thanksgiv
ing day proclamation in which he asks
that the entire city observe that day
and give thanks to God for the many
blessings bestowed upon them during
the past year. I
The proclamation follows:
"Whereas, Thursday. November 30.
1916, has been designated as Thanks- {
giving day I, W. T. Robertson, mayor
Of the city of Montgomery, do hereby i
earnest!)' request the people of this
city to observe that day by giving
thanks to God for the many blensings
bestowed upon them during the past
year.
"Another year has passed and the
great nations of the old world are
still struggling for supremacy upon
bloody battle Helds, while this great
nation of ouro is still a nation of
peace and prosperity. For all of
which we should be truly thankful.
To know that we are at peace with
the world, a free, happy and pros
perous people with a bright outlook
for continued prosperity and peace
should indeed make us feel thankful
to God for What He has done for us. !
Now therefore I. W. T. Robertson,
mayor of the city of Montgomery, do ,
hereby proclaim Thursday, November |
30, 1916, as a day of thanks-givlng, and I
call upon the people of thlis city to ob- !
serve the day by rendering unto God, j
from Whom all blessings How, thanks
an,d_Praise for His many blessings.
Done In my office this the 20th day
of November, 1916.
"\V. T. ROBERTSON, I
“Mayor."1 j
Be sure aad see “The Aviator Girl"
tin* trained cats aad monkeys at
tke Empire Theatre today and to
morrow.
Fire Destroys Houses
In Colbert County and
Does Damage of $6,000
(Special to The Advertiser.) I
TUSCUMBIA, ALA.. Nov. 20.—Fire I
laot night destroyed the house and con
tents and all outhouses of County Com
missioner William Twitty at Allalsboro,
In the western portion of Colbert
county, entailing a loss of probably |6,
000. with no Insurance. The only
building left standing on the place was
a barn. The fire started -from a flue
while the members of the family were
In attendance at the evening service at
church, a half mile away.
$90,000 Cotton Deal
Put Across by Troy *
Men Who Have “Held"
(Special to The Advertiser.)
TROY, ALA., Nov. 20.—Friday, when
a deal was consummated by which Wil
liams Brothers, prosperous farmers of
Pike county, sold to Henderson and
Bashinsky nine hundred -bales of cot- j
ton, all records were broken In this I
county. Messrs Hugh and J. W. Wil
liams have been saving some cotton
since 1911. Enough ootton has been
sold each year to defray expenses, but
some has been held, for good prices.
The cotton all brought the top of the
market prices and the nine hundred
bales brought the two farmers more
than ninety thousand dollars. The deal |
Was a remarkable one in that the cot- i
top all came from one farm and that 1
the sellers were the producers, instead
of merchants who had gathered to
gether the crop from various sources.
Portions of their cotton crops for the
last six years were embraced In the
deal.
Steamer Reports a
Terrific Storm in
The Yucatan Channel
(Associated Press.)
NE WORLEANS. LA., Nov. 20.—The
steamer Nicaraguan, owned by the
Blueflelds Fruit and Steamship Com
pany arrived here today from Blueflelds
48 hours overdue, bringing stories by
offlcena and passengers of a two day’s
encounter last week with a 70 mile
gale In the Yucatan channel. The
steamer's rudder was broken during
the storm and the vessel was tossed
about In the heavy seas for many hours
until repalm were made, according to
those aboard.
Among the twenty passengers was
Cornelius Ferris, Jr., of Dencer who
has been t'nlted States consul at Blue
tlelds and is enroute to Mannheim, Ger
many, to assume consular duties there.
KAISER COMMENDS VON BUELOW.
(Associated Press.)
AMSTERDAM, Nov. 20.—(Via Lon
don.)—The Franfurter Zeltung, a copy
of which has been received here, says
General Von Buelow's remarkable act
of heroism in personally leading a
battalion which stormed and recap
tured an Important height In the Cerna
river bend in Serbia from the Serbians,
has been rewarded by a letter from
Hmperor William, which Is published
as a cabinet order.
COTTON HOLDS TO
NEW HIGH LEVELS
IN NEW ORLEANS
Several Features Stimulate
Demand and Prices
Mount Skyward
NEW ORLEANS, Nov. 20.—Opening at a
»ulge of nearly $2 a bale on the strongest
nontha. cotton maintained new high levels
hroughout the session of this market to
lay. July going above 21 cents a pound and
•he market closing at a net gain of 42 to
15 points. Bullish excitement In the Liver
pool market, expectations of small ginning
Igurea In tomorrow's report from the census
jureau and favorable spot accounts from
southern markets generally were the fea
tures which stimulated the demand.
In the early trading prices rose 37 to 48
points. While this rise was met by profit
taking on a large scale and each upward
movement of the season also was met by the
same character of selling, the demand al
ways proved strong enough to put prices to
the high levels again and in the afternoon
the gain was widened to 46 to 49 points,
nr practically $2.50 a bale on the strongest
months.
Ix»cnl spots, were 13 points up, with mid
dling quoted at 20.18 cents & pound, a new
high figure, and spots over he south gener
ally were higher but without checking busl- I
uess, according to telegrams received here
NEW ORLEANS SPOT COTTON.
NEW ORLEANS. Nov. 20.—Spot cotton
firm, IS points up,
Rood ordinary. 18.63
Strict good ordinary . .
Strict low middling..*.19.88
Middling. ****;o.l3
Strict middling."V.20.22
Hood middling .2o!r»0
Strict good r'MJHng.20.75
Receipts bales; to arrive 438,536.
Official quotations of the Montgomery
Cotton exchange ae based on actual trades
mads yesterday are given below. Where no
sales are actually scheduled the quotations
before* th* transacted on the day
Middling fair. 20.**
Strict good middling. ,...20.76
Good middling.. ... .20.63
Strict middling.20.51
Middling. 20.38
Strict low middling.. ..20.13
Low middling..19.76
Strict good ordinary.19.3S
Good ordinary.18.88
Sales officially reported, 72g bales.
Spot quotations Jumped 51 points on the
market Monday, middling going to
-0.38, with sales of 729 bales reported ly
local warehouses. Sales on the square were
light, the amount of cotton brought in by
producers being small as Is usually the case
on Monday, The price paid for cotton on
the square reached 20*50 during the day.
Sensational Advance.
Tne sensational advance of Monday's mar
ket is believed by local factors to be due to
tne great strength of Liverpool which
showed one of the strongest markets of the
season. Liverpool was due 2 to 4 4 points
lower. The market opened strong and at
one time was 60 points above the close of
the previous day. The market closed firm
at an advance of SO to 40 points. Spots
showed an advaftc* of 51 English points,
equivalent to double that amount, or |5.10
a bale. In American figures. Middling was
w,th of 8.000 bales,
, c* ‘.700 bales were American cotton,
and Imports of 38,600 bales, 29.000 bales
of American origin. The remarkable %d
vance of Liverpool in recent days is attrib
uted by local cotton men to an attempt to
regain a shipping parity with the American
side, which is rendered difficult by the fact
that the New York market advances at
f*n rapid rate. The report
that the British admiralty will requisition
a larger number of veasels for food trans
portation, on account of the ship shortage
brought about by submarine activity is also
considered a factor in Liverpool's advance.
Futures showed an advance of 50 points
on the local market Monday, largely as
slsted by the strength of Liverpool. The
market In its present state Is generally re
garded as a bull market for ultimate re
sults, but It is believed by some authorities
I hat sharp reactions are likely, as the tech
nical position of the bull side is believed
to have been strained and realising and
consequently liquidation Is feared. The ad
vance of Liverpool Is considered by some to
be the culminating point of the bull move
ment, and warnings have been Issued to get
out of long cotton without further delay.
Expect Higher Prlres.
It is generally held on the local market,
however, that ao long as the demand con
tinues as good as is at present being main
tained cotton prices must advance. Reports
from various parts of the belt Indicate that
the highest price in many years is being
paid for cotton all over the country, reports
from Arkansas stating that Memphis buyers
have cleaned up all the cotton In a certain
section of that state at 21 cents a pound.
The weather map shows cloudy weather
In Mississippi and east Texas, and fair the
rest of the belt, with rising temperatures.
The forecast Is for unsettled, rainy weather
in the west, with increasing cloudiness In
the central belt and generally fair In the
Atlantics.
The census ginning report, showing gln
nlngs to November 14 will be Issued Tuesday,
and promises to be of interest to the trade.
Fairchild Report
NEW YORK. Nov. 20.—Liverpool's sensa
tional advance In spots and futures was not
fully reflected at our opening. Heavy sell
ing by the south and W*all Street was In
evidence on and after the opening call. The
market fluctuated within narrow limits up
to 2 o'clock, when heavy local selling broke
prices sharply. However, an equally sharp
rally followed and closing prices were not
far from the top. The cudb was 2 to 2
points easier.
Liverpool is due 1% to t pollnts higher
tomorrow.
One of the moat prominent and persistent
of the original bull crowd sold heavily to
day. This Is the first time he has appeared
as a seller in any volume. Selling from this
quarter may mean nothing more or less
than another one of the many periods of
liquidation which has characterized the
market on the way up. On the other hand.
It may foreshadow less aggressive bull op
erations on the part of interests which have
been the mainstay of the market when sup
port was vital. We believe March cotton
will sell around 23 cents before the gov
ernment crop estimate Is published on De
cember 11th. In the meantime, however.
It Is quite possible that sharp fluctuations
are likely to be seen. On sharp breaks we
consider purchases advisable, but profits
should not be Ignored on quick rallies. In
short we expect more of a two sided market
with wider swings than has been the case
recently. Fluctuations in our market will
In no way lessen the value of spots. We
expect every bale of this year's crop to be
consumed and with next year's production
a matter of grave doubt, due to fertiliser,
labor and boll weevil Issues, we cannot see
where any material decline Is possible.
Cotton oil was stronger in sympathy with
lard and cotton. We believe in higher
prices ultimately but at this level the mar
ket seems to hesitate. We favor purchases
on fair declines.
* Chas. Fairchild ft Co.
LIVERPOOL COTTON
Nov. 20.-—Cotton spots
LIVERPOOL,
strong.
mlddl,n*.. . .12.„d
Middling.12.6,d
I-ow middling.‘ j2 43d
Sale! ft-000 bales, of which soil' were’ for
speculation and export. Receipts It,000
Futures closed Irrecular and unsettled.
November. .... .... »»..12 36
November-December.••••!!!! 12! 14
January-February....12.40
February-March.. .12[45
March-April.. .... .... * 1? ki
April-May. .W" “"Ijiii
May-June.. .... . ...12,61
J une-July.*.*.12.61
July-August.. . . .12.60
August-September.12.23
September-October.! 11.06
October-November.11.4 J
DAILY COTTON MARKET
Port
Movement.
| Re- | Ex
|c’pts.| ports.
Salee.JStock.
Sew Orleans. 20.13.
Galveston. 20.85 —
Mobile, 20.25 .
Savannah, 20.50 ...
Charleston, 20*4 ••
Wilmington, 20.31 .
Norfolk. 20.31 .. .*
Baltimore.
Boston, 20.50.
Philadelphia, 21.15.
New York, 20.90...
Minor Ports.
7612! 5248
1048f.'27705
255
4577
1623
894
7522
71
105
85
2810
3700
45
2540
3000
3978
522
1776
3090
Total today, receipts 33,873;
544; stock 1,413.776.
438538
370856
10681
133226
73600
53506
83617
1379
7000
2871
fit6445
71859
exports 40,
Total for week, receipts 65,979; exports
R 0.092
Total for season, receipts 3,609,437
ports 2,188.255.
Interior
Movement.
I Re- IShtp
(c'pts.f m'ts.
Sales {Stock.
Flouston, 21,000 . . .
Memphis 20.23 ...
Augusta, 20.38 ..
■?t. Louis.
Cincinnati.
^11tie Rock. 20.50 .
Dallas, 20.40 .
Montgomery. 20.38.
. 17414114056
. [12687 jl 1165
. 17021 1330
,| 50351 5048
I 2905 1873
,1 1602] 1476
5620277149
35001242196
1476
15488
729
131647
20971
6494
55596
Total today, receipts 41,345; shipments
14,948; stock 734.063.
Johnston, Storm Report
NEW YORK, Nov. 20.—Advise purchases
it present levels. May not be conservative
idvice, but. based upon the apparent for
eign situation and upon the action of our
market today, it certainly looks as though
contracts are going higher. Sales were
-eadily absorbed, spot houses were large
>uyers and cotton seemed wanted Irrespec
tive of prices.
Buyers must be prepared to margin well
»ut the trend seems still upward. Liverpool
s due 9 higher for May contracts. We still
«dvise the purchase of cotton seed oil at the
market. A report was current today that
the Belgian Relief Committee are Inquiring
for a large amount of compound and the
onsistent demand of competing food oils
s a great basis of srtength to the present
market. We expect higher prices In oil an
believe advantage should be taken of pres
ent prices or on any slight decline to g0
long or increase present holdings.
Johnston, Storm & Co.
NEW YORK SPOT COTTON.
NEW YORK, Nov. 20.—Spot cottoa Steady
middling uplands 20.90; no sales.
I
STEEL RISES TO
129; DAY MARKED
BY HEAVY TRADES
In Fag End of Day, Rails
Advance From 1 to 2
t Points
NEW YORK, Nov. 20.—Buying of coppers,
•tools and other industrials and specialties
in almost unprecedented volume was re
sumed today with the usual list of new high
records. The movement was orderly most
the time, probably as a result of warn
ing* Issued from substantial financial quar
Additional cause for caution was
found in the further depletion of local bank
reserves, which contributed to the highest
rates for call loans, these being quoted at
3H per cent Just before the markets closed.
Outing the first half of the session the
rise proceeded with only such Interruptions
as may have been caused by profit taking.
In the later dealings however, selling orders
far out weighed demand and extreme gains
of one to three points in the metals and
leading industrials were largely or wholly
reduced.
Ralls followed their recent course of in
activity until the fag end of the day, when
a brisk inquiry for Union Pacific, New
York Central, Reading and Southern and
Southwestern Issues effected advance of one
to two points. The tone at the close was
irregular, specialties like Texas Company
and American Writing Paper more than
holding their own, while seasoned favorites
were at or near lowest levels. Total sales
of stocks again approximated 2,100.000
shares, making the third successive full ses
sion In which dealings approximated that
huge total.
Foremost among the new maxlmums were
United States Steel, which rose 2% to 129
and closed at 127%, Republic Iron common
and preferred, Anaconda, Kennecott, Green
Cananea, Miami and Ray Coppers and Writ
ing Paper preferred.
Other substantial, though more or less
temporary gains embraced Air Brake, Lack
awanna Steel, Colorado Fuel, Great Northern
Ore and American Can. Stocks related to
tne coppers. Including Xxlnc Issues, were
higher and leathers. Central Leather ex
cepted, were In demand.
Bonds were Irregular, Chill Copper 7’s
rising four points to 154, declining ten points
and closing at 146. Total sales, par value,
65.225,000.
T'ntud State* bond, were unchanced on
NEW YORK BONDS
V. 8. * registered ..
IT. 8. 2s coupon..
IT. 8. Ss registered.
IJ. 8. Is couoon.
IT. 8. 4s registered.
IT 8. 4S coupon..
Panama Is coupon.
American Agricultural Ss.
American Cotton Oil 5s.
American Tel. A Tel. cv. 4%s.
American Tobacco 6s.
Anglo-French 6a.
Atchison gen. 4s.
Atlantic Coast Line 1st.
Baltimore & Ohio cv. 4%s...,
Central of Oa. Con. 5s.
Central Leather 6s..
Chesapeake St Ohio cv. 4%s_
Chicago. B. St Quincy Joint 4s.
Chicago. Mil. & 8t. Paul cv. 6s.
Chicago, K. I. St Pac. Ry. ref. 4s....
Colorado St Southern ref. 4%s.
Denver A Rio Grande ref. 59.
Dominion of Canada 5s (1940).
Erie gen. 4s.
lnt. Mer. Marine 4%s ctfsi.
Kansas City Southern ref. 5s.
Liggett Sc Myers 5s.
Lorlllard 5s.
Louisville & Nashville un. 4s.
Missouri, Kan. & Texts 1st 4s.
Missouri Pacific Con. 6a.,.
N. Y. Central deb. 6s.
N. Y„ N. H. St Hartford cv. 6s.
Norfolq Sc Western cv. 4 Vis.
Northern Pacific 4s.
Pennsylvania Con. 4 Vis.
Pennsylvania gen. 4 Vis.
Reading gen. 4s...
Republic Iron Sc S. 5s (1940).
St. Louis St San Fran. ref. 4s.
St. Louis St Southwestern 1st.*.. *.
Seaboard Air Line adj. 6s.... ......
Southern Bell Telephone 5s.. ..
Southern Pacific cv. 6s.... ...
Southern Ry. 6s....
Southern Ry. gen. 4s...
Tenn. Copper cv. is.. ....
Texas Company cv. is.... .... ....
Texas St Pacific 1st.... ...
Union Pacific 4s.. .... ..
U. S. Steel 6s.. .... "
Va., Caro. Chemical 6s.*
. 99%
• 90*
.100%
.100%
.110
.110 Vi
.102
. 102 Vi
. 97
• lllVi
.120
95
94%
94
96 Vi
102%
103
86 Vi
98 %
106%
78%
85
.100
. 91%
.109%
. 91
.103
.101%
. 95%
. 78%
.103%
.114
.112
.139
• 94%
.108
.102%
. 95-%
.101%
. 81
. 79%
. «7%
.101%
.104%
.102%
94%
105%
100
99%
107%
09%
CLOSING STOCK LIST
Suck17"
Sale. In |Hl»h. Low.lClon.
bundr.dK |
AUis-Chalmers.69
A mer. Beet Sugar .... 7
Amor. Can.133
Amer. Car St Foundry..428
Amer. Cotton Oil. 7
Amer. Locomotive .. ..176
Amer. Smelting.616
33%
102%
66%
77%
63
95%
122%
Amer. Sugar.. .. 21117%
Amer. Tsl. St Tel.12
Amer. Tobacco .. .... 2
Amer. Zinc.84
Anaconda Copper.675
Atchison .. ...80
Atlantic Coast Line .... 9
Baldwin Locomotive ...105
Baltimore St Ohio .. .. 44
Bethlehem Steel. 1
Canadian Pacific.14 173%
Central Leather.382
Chesapeake St Ohio .. .. 84
Chi., MU. & St. Paul .. 26
Chi., R. I. St Pac. Ry.. 85
Con. Gas. 6
Corn Products.213,
Crucible Steel.269 98
EH®.12?« 38
General Electric. 841188%
Great Northeri) pfd.. .. 161118
132%
221%
65%
105%
105%
124%
88%
87
698
114%
68
94%
33%
136%
23%
Great North. Ore ctfs..488
Goodrich.26
111. Central. 9
lnt M. M. pfd. ctfs....186
Kan. City Southern ... 60
Lehigh Valley .. ,. ..84
47%
70%
105%
120%
26%
84
3)135%
82%
102%
65%
73%
62%
93%
120%
117%
132%
221%
63
103%
104%
122%
86%
86
698
171%
110%
67
92%
33 VI
186%
22%
90%
36%
182
117%
45%
70%
104%
118%
25%
82%
188
'5%
17%
10%
Louis. St Nash.. ..
Liggett & Myers ..
Lorlllard Co. .1.
Maxwell Motors.23| 76%
Mis., Kan. & Tex. pfd.. lj 17%
Missouri Pacific .39 10%
Mex. Petroleum.107)111 %|109%
National Lead.16| 70 | 69%
N. Y. Central.154)108 % (106
N. Y., N. H. A Hart... 20) 59% 68
Norfoilk A Western .... 611141%
Northern Pacific.33)111%
Pennsylvania.16l 67
Reading.3851110%
Rep. Iron A Steel .665) 93
Seaboard Air Line .... 3) IT
Seaboard Air Line pfd.. 8| 39
Sless-Shef. S. A 1. 47 91 Vi
Studebaker Corp.€11126%
Southern Paclflp. 87)100%
Southern Ry. 82) 28%
Southern Ry. pfd. 5| 68%
Tenn. Copper.. 32! 24%
Texas Co. 72)238
140
110%
56%
108
90%
16%
38%
89%
124%
99%
26%
67%
24%
231
17%
HI 18 ._ .. ..
462|1.19%|147%|149%
32%
102%
65%
76%
52%
94
121
117%
132%
221%
63%
104%
105%
124%
87%
86%
698
173%
112%
68
94%
33%
136%
22%
91%
*7%
183%
117%
46%
70%
105%
119%
26%
83%
135%
287
.220
76
17%
10%
110%
69%
10S%
59%
141
111%
56 %
110%
91%
17
38%
89%
125
100%
28
68%
24%
238
17%
121163%
..103) 64
.42671129
Texas A Pacific
Union Pacific .. .. ,
United Fruit ..
U. S. Rubber .. ,
U. S. Steel.
U. 8. Steel pfd..
Utah Copper . ^ ....
Va., Caro. Chemical
Va. Iron. C. A C...
Wabash pfd. •‘B”., 28) 30% I 29%) 30
Western Union.101102 |101%|101%
West. Electric.118! 65% 65 j 65
Kennecott Copper .. ..20571 64 %! 61 I 61%
Amer. Zinc pfd. 2) 83 f 82 | 82
Gulf States Steel .. .. 9)168 1159 |164
162 % [163
63 63 Vi
126%!l27%
141121% 121 >i 1121 %
45)129 % |l 26 1126
88; 46 % | 457i 46%
32> 72% ( 69 ) 69
Total sales for the day 2.1 14.000 shares.
MONEY MARKETS
N’EW YORK. Nov. 20—-Mercantile paper «
3V*. Sterling: exchange. 60 day bills 4.71^;
(ommercial, 60 day bllla on banks 4.7054;
rommcrclal. 60 day bills 4.70 V*; demand 1
—; cables 4.76 7-16. France, demand t
69; cable* 69 V4. Kronen, demand 1174; ca- i
12. ^Guilders, demand 4074; cables 41.
Mres. demand 6.70; cables 6.69. Rubles, j
ilemand 30V4: cable* 30V*. j
Rar silver 72 T$.
Mexican dollars 5574.
Government bonds steady; railroad bonds
Irregular.
Time loans firmer; 60 days 3>;<f?3V*; 90
lays and six months 854 64. (
GkII money firmer; high 3; low 2*4; ruling
rate 2H; last loan 3; closing bid 2V4; 0f- ]
fered at 3.
LONDON. Nov. 20.—Bar silver 3 4 54d per
Money 4 54 P«r cent* I>i«count rates, short i
bills 5 Vi 65 54 per cent; three months 5 Vi 6
is per cent.
SVGAR CROP SHORT. ,
WASHINGTON. Nov. 20 —This year's 1
prospective sugar crop In I,ouistana was re- *
lured about 10 per cent, by the freeze of 3
V’ov, 15-16. according to reports from its 1
Louisiana field made public today by the J
>ureau of crop estimates (
REPORTS OF FOREIGN '
RUYING CAUSES AN
UPTURN INWHEAT
Large Exports Send Provi
sions Upwards, Follow
ing Early Decline
CHICAGO, Nov. 20.—Reports of foreign
government buying under cover did a good
deal today to bring about a sharp upturn
in the value of wheat. Although extreme
rains were not held, the market closed
strong 3% to 4% net higher with December
at $1.82 to $1.82^4 and May at $1.88^4 to
$1.B8J4< Other letidlng staples too all
scored gains—corn 1% to 1%, oats 1* to,
1 \A and provisions 82 % to 70 cents.
Winnipeg led the wheat advance, quota
tions there being up about slg cents at one
time as a result of big purchases that were
generally ascribed to the British govern
ment. There was also liberal buying of!
future deliveries here which was apparently i
for export Interests. In this connection de
cided significance was attached to word i
from Liverpool that supplies arriving did not
meet requirements. Bulls put much stress
also on an estimate that the world's surplus
at the end of the crop year would be only ;
46.000.00$ bushels. Offerings here dried up!
as prices advanced and It was not until an- !
nouncement was made the United States'
visible supply total had again showed an \
unexpected Increase that the upward swing i
of values was checked.
Advices that the winter wheat acreage In
Canada showed a curtailment of 18 per cent |
as compared with a year ago counted to a |
material extent against the bears. Chances .
that an embargo might be proclaimed ln'(
Argentine tended likewise to give prices s
I
Corn climbed with wheat and a* a con- ,
sequence of bullish crop conditions In Ar- ]
aentlna. It was said rains In Argentina had |
proved Insufficient. Oats were governed I
chiefly by the upswing of other cereals. '
Strength resulted also from buying on the
part of houses with seaboard connections.
Large exports as compared with last year
■ent provisions upgrade after an early de
cline. The Initial weakness was due to a
setback In the price of hogs.
Grain and provisions ranged as follows
todav*
Wheat*
Dec..
May.
Corn:
Dec.
May.
Oats;
Dec., .. f.
May.
ran.
Mav .. ....
Lard:
ran.
May.
Ribs*
May.
^pen. High.
1.77*4 1.82%
1.83% 1.89*4
91% j05%
98% 97 %
56% 57%
60% 62%
26.75 27.60
26.70 27.65
15.82 16.42
15.85 16.45
14.30 14.65
14.37 14.75
Low. Close.
1.77 1.82
1.83% 1.88%
91% 94%
93% 96%
56% 57%
60% 62%
26.75 27.60
26.70 27.50
15.82 16.40
15.85 16.40
14.30 14.65
14.37 14.75
Cash grain ranged aa follows:
Wheat, No. 2 red.$1.82
No. 3 red .1,74% 9 1
No. 2 hard.1.86 9 1,
No. 3 hard.1.74% 9 1.
-orn. No. 2 yellow
No. 4 yellow .
No. 4 white ..
Dats, No. 3 white
standard .. ..
Uve. No. 2.. ...1.50
Barley. 90
-lover .11.00
rimothy.3.25
Pork.28.50
Lard.17.00
Ribs.14.25
96 % 9
93 9
93 9
66% 9
57 9
9 1.
915,
9 5
80
88
85
97
95%
94%
67%
68%
28
00
26
915.00
8T. LOUIS GRAIN.
8T. LOUIS. Nov. 20.—Wheat, No. 2 red
61.84 % 9$ 1.90; No. 2 hard $1.85911.93;
December $1.82%.
Corn. No. 2, nominal; No. 2 white nom
inal; December 96%c.
Oats, No. 2. 67 %c; No. 2 white nominal;
December 67 %c.
KANSAS CITY GRAIN.
KANSAS City, Nov. 20.—Wheat, No. 2,
$1.87; No. 2 red $1.80911.86,
Corn, No. 2 mixed 96% 997c; No. 2 white
99c; No. 2 yellow 97c.
Oats, No. 2 white 67967%c: No. 2 mixed
55 9 57c.
CHICAGO PRODUCK.
CHICAGO, Nov. 20.—Butter higher;
creamery 86 940c.
Eggs, receipts 8,672 cases. Firsts 389
If%c; ordinary firsts 37 938c; at mark
cases Included 33 938%c.
Potatoes steady* receipts 60 cars. Wis
consin and Michigan white $1.609$1.70;
Minnesota and Dakota white $1.609$1.76;
Minnesota and Dakota, Ohlos $1.609 $1.60;
Washington and Colorado white $1,709
11.80.
Poultry, alive steady; fowls 15c; springs
L6c.
COTTON SEED OIL
NEW YORK, Nov. 20.—The cotton seed oil
market closed firm.
Spot and November •• ..
December .. .. .... .... ,
January.. ... .... ..
February...
March..
April..
May.
rune.
Total sales 36,700 barrels.
,12.75 bid.
,12.83912.84
.12.83912.84
,18.80912.88
,12.84912.85
,12.85912.90
.12.89912.91
12.90912.98
BANK ST A TEM ENTS
BERLIN, Nov. 20.—(Via London.)—The
itatement of the Imperial Bank of Germany
[■sued November 15 shows the following
changes:
Marks.
rotal coin and bullion Increased 5.1US.000
Sold Increased. 4,872,000
rreaaury notes Increased .. .. 47,632,000
S’otes of other banks Increased 5,277,000
3111a discounted Increased 435,422,000
Idvances decreased. 860,000
Investments Increased. 2,919,000
Dther securities Increased .... 21,767,000
STotea In circulation decreased.. 6.7.515,000
Deposits Increased. 629,646,000
Dther liabilities increased. 55,411,000
rotal gold holdings.2,516,752.000
NEW YQRK COTTON
NEW YORK, Nov. 20.—The cotton market
vas very active and excited today with
>rlces selling up half a cent a pound from
Saturday’s closing figures. May contracts
idvanced to 21.40 or $2.60 per bale above
he final quotation of last week and more
;han $5 per bale above the lowest level of
Friday. That delivery closed at 21.39 and
Lhe general list closed strong at a net ad
vance of 13 to 62 points for the day.
The market opened firm at an advance
>f 20 to 39 points on all months except
Dctober which was only 9 points higher,
■his was not a full reponse to the sensa
lonal strength of Liverpool, and the active
leliverles soon sold 39 to 44 points above
Saturday’s closing figures on local and for
eign buying. Realizing was very heavy and
ifter the close of Liverpool, prices here
>ecame rather nervous and irregular, but
letbacks of 10 or 12 points found renewed
>uying until January touched 20.98 and May
!1.37 or about 47 to 49 points net higher,
rhen there seemed to be some setback by
idling for a reaction as well as profit tak
ng for over the census report expected to
norrow, and the market sold off pretty
iharply to 20.75 for January, and 21.21 for
day. A good deal of cotton was absorbed
►n this decline, however, and the market
irmed up again in the late trading on a
■enewal of aggressive bull support and cov
ering. London press advices reporting that
xolted advances In American and Egyptian
iad led to a temporary suspension of the
coods exchange at Manchester seemed to
simulate this late buying movement which
•arrled prices Into new high ground for the
lay. January sold at 21.06, March to 31.25
md July 21.40 in the late trading, and the/
lose was within a few points of the best. |
*rlvate cables attributed the strength in I
Jverpool to small offerings from the south, I
ontlnental and trude buying against Frl
laV s business in Lancashire. Southern
ipot advices were somewhat conflicting,
iome of them reporting sales of spots on
ibout a parity with futures while others re
torted holders taking still higher values.
COTTON FUTURES
NEW YORK,
losed strong.
December .. ..
anuary .. .. ..
•fach.
lay.
uly.
)ctober.
Nov. 20.—Cotton futures
Op*n. High. Low. Close.
.. 20.90 20.95 20.67 20.93
.. 20.80 21.04 20.75 21.04
• • 21.11 21.23 20.95 21.32
•• -’1.25 21.40 21.17 21.39
.. 21.30 21.37 21.12 21.35
. 19.20 18.98 19.17
NEW ORLEANS,
losed Irregular at
lecember..
anuary .. .. .....
lay .... .
uly ...
•ctober .. .. ••••..
Nov. 20.—Cotton futures
an advance of 42 to 45
Opfn. High. t,ow. Clou*.
20.29 20.25 20.16 20.29
20.3T. 20.51 20.28 20.47
20.59 20.79 20.05 20.75
20.76 2U.99 20.77 20.96
. 20.S8 2109 20.88 21.07
20.85 19.02 18.HI t«.it
* Y . ' - '■* * • K.'' • f ■’* ■ • 4
Your Own Resourced
Plus Ypur Bank’s
* .* ,y. • :X
The Fourth National Bank is ready* to' he ^
financially, friendly with people who want to*,
eouple their own resources with those of a
good, safe bank. V v
This does not imply that you must be in the
class known as “the big fellows.-” *
Solid foundation and integrity and a prac-1
tical business plan are of more importance
than money in beginning and developing a
business. {.a: •
We are always glad to talk finances'with
men, who possess these assets.
The Fourth National Bank
i
DUGGAN, MAGINNIS A GO., COTTON MERCHANTS
V/ IETIEI PLACE, NEW ORLEANS, l»
Menton NEW ORLEANS COTTON MX CHANGE, eta.
Orders (elicited far the perches# sad sals el. eetfaa Mr fains' diltierj (tore
ipondcnrt Invited.
v commission on nrrcBB contract* its.ee prr rcnqre'd baum.
CHRISTMAS SEASON
CAUSES AN INCREASE
IN PRODUCE BUYING
Bananas, Cabbage, Pota
toes and Apples Are Re
ceived by Dealers
Two cars of bintnas, a car of cabbage,
two cara of potatoes and a car of applea
were received by local commission merchants
Monday.
There were no changes reported In the
wholesale price of produce Monday. Local
commission merchants are well supplied
with fruit and vegetables of the season, as
well as with dried fruit and nuts. The de
mand for these articles continues good
from retail merchants in Montgomery and j
its trade territory.
The approach of Ihe Christmas season has j
stimulated buying by merchants In expecta- j
tlon of a heavy Christmas trade, while the |
favorable weather which has been prevailing j
has fovored the keeping quality of fruits '
and vegetables. j
The retail produce market shows no
change, with poultry plentiful and in good j
demand, and eggs scarce and high in price, j
Quotations on Fruit and Produce corrected
by M. P. Wilcox.
Apples—Extra fancy F. F. V. Brand York
Imperials, $5.75.
Lemons—Extra fancy Verdelll, 860'e, $6.00.
Irish Potatoes—Fancy Jersey giants, 12.10.
Oranges—Sixes 126,250 and 288, $2.66; all
other sizes $2.75.
Grapefruit—Fancy, else 86-46-64-64, $4.00
Satsumas—Sizes 106 to 168 per single strap
(half box)- $2.86.
stock sacked, per cwt $2.fit.'
Cabbage—Northern stock, $3.5$ per cwt.
Lima Beans—New California. To lb ' F"
Peas—New California, black-eya, fle 4b»
Onions—Extra fancy large Yellow, 94-60;
exar fancy large Red, 14.25; Spanish, size
50. $1.85; slse 72, $1.75 per crate.
Bananas—$1.60, $1.76, $2.60 and $3.00
bunch as to size.
Grapes—Fancy Niagara, pony baskets, 25c,
fancy Concord, pony baskets, 21c; extra
fancy Almerla, heavy weight barrels, $6.50;
fancy Almerla, heavy weight barrels, $6.00.
Cocoanuts—Choice heavy weight Ruatora
per sack of 100 nuts. $6.50.
Poultry and Eggs.
Eggs—Fresh, $6 cents a dozen.
Chickens—Hens, 40 to 76 cents; friers, 43
to 60 cents.
Ducks—60 to $0 centa
Turkeys—Live, 20 cents pound.
Staple and Fancy Groceries.
Sugar—Granulated, fitfc; fancy T. C.. t>c
pound.
Meal—Roller, •• lb*., $1.M; Wfter Ground
$1.85.
Cheese—25 cents pound.
Coffee—Roasted, 12 to Sfic; No. - can, 80-.
to $1.00; Prime 16012c; Fanes 20025c
Peaberry, 20c; Arbuckle's, $18.26 per case
Montgomery basis: Mocha and Java Blend.
25 032c.
Extracts—Vanilla. $8; ' Lemon, etc., $7
per gallon.
Molasses—Sugar House, 85c; Prime Centri
fugal. 10035c; Corn Syrup, 24035c; Georgia
Cane, 16 to 40c.
Vinegar—Distilled, In half barrels, 16c,
White Wine stock. In barrels, lie; Pure
Apple, in half barrels, 22c gallon.
Rice—7c pouna.
Dried Fruits—Fancy Peaches, ‘25 lb. boxes
• He lb.; California Prunes, 25 lb. boxes,
to 11c: Apples. 12 ox., cartons, TVfcc lb.
LIVE STOCK MARKETS
CHICAGO, Nov. 20.—Hogs, receipts 61,000;
firm at 10c under Saturday's average;
Bulk.$9.00
Light.8.30
Mixed... ...... 9.00
Heavy.9.25
Rough.9.25
Pigs.6.25
Cattle, receipts 35.000; weak’
Native beef steers.6.60
Western steers.6.60
Rtockers and feeders.4.65
Cows and heifers.3.65
Calves.8.75
Sheep, receipts 22,000; strong;
Wethers.7.60
Ewes. 4.25
Lambs.. ..9.00
019.75
0 9.50
0 9.90
0 9.95
0 9.40
0 8.20
@12.05
@10.20
0 7.70
@ 9.50
@12.50
0 8.65
@7.75
@11.80
ST. LOUIS LIVE STOCK.
ST. LOUIS, Nov. 20.—Hogs, receipts 20,*
*00; 10c lower than Saturday’s average:
Light.9.00
Pigs.6.50
Mixed and butchers.9.00
flood heavy.9.80
Bulk.8.25 _
Cattle, receipts 16.600; steady follower.
Native beef steers.7.50 @11.50
Yearling steers and heifers 8.50
Cows.5.50
Rtockers and feeders.5.30
rexas quarantine steers .... 5.50
Prime southern steers .. .. 8.00
Cows and heifers.4.50
Prime yearling steers and
heifers.7.50
Native calves.6.00
Sheep, receipts 49,000; steady:
Lambs.7.50
Ewes.3.75
Yearlings.g.00
9.65
8.75
0 9.90
0 9.95
9.75
Ml. 50
7.75
5.50
8.00
9.00
9.50
0 9.00
@11.75
@11.75
0 7.60
@ 9.25
KANSAS CITY LIVE STOCK.
KANSAS CITY. Nov. 20.—Hogs, receipts
11.500; 5 to 20c lower; *
.$9.35
Heavy .9.65
Packers and butchers. 9.40
night.9.23
Pig".6.00
Cattle. Receipts 26.000; including 300
southerns; best cattle steady to strong;
others 10c lower:
Prime fed steers .. . • ...10.50
Dressed steers.7.50
Southern steers .. .. .. 5.75
Pows.4.75
Fleifera.6.00
Stockers and feeders .. .. 5.50
Bulls. 6.00
halves.6.50
Sheep, receipts 3,000; steady;
Lambs. 10.50 4711.50
fearlings.8.75 ft 10.00
Wethers .. .. ..7.50 © 8.50
Ewes.6.75 © 7.75
©$9.83
© 9.83
© 9.75
© 9.65
8.75
©11.75
©10.25
© 8.50
© 8.00
©10.00
© 7.55
© 6.75
©11.00
COFFEE MARKET
NEW YORK, Nov. 20.—The market for
;©ffe'e futures was a little more active today
ivith prices losing part of their recent rally
jnder scattered realising and moderate of
rerlngs from trade sources. After opening
it a decline of 3 to 4 points, active months
worked up slightly on covering and outside
buying with March advancing to 8.45 and
uly to 8.70 or about 5 to 7 points not
John W. Jay Sam B. Keen,
J.W.Jay&Co.
25 Broad St
* NEW YORK
MEMBERS
New York Cotten Escheats
New Orleaas Cettee Escheats
New York Preface Eschaete^
Associate Members
Liverpool Cettee Associatioa
Orders solicited for the pur
chase and sale of Cotton
and Cotton Seed Oil for fu
ture delivery. Liberal ad
vances made on consign
ments of spot cotton for de
livery on contract
Cotton Crop Estimate
“1916!
Our Watkins Bureau will lnui Its final
estimate of the cotton crop about December
let. There Is no guess work In this esti
mate, It is based upon a canvass of every
cotton growing county. The Watkins Buieau
has been making crop estimates 'or 11 years
and their estimates during that oertod have
proven more correct than those of the Go?-,
eroment or any other crop reporting bureau
in existence. -
UMATE OF IMS CHOP
Watkins Bureau, Estimate • -« •
issued Dec. 1st.11,111,00ft baler
Government Bureau, Estimate
Issued Dec. 10th.... I ...4.11,161,000 bales
Census Bureau, actual yield.. 11,191,000 bales
ELEVEN YEARS OF CROP ESTIMATES i
Watkins Bureau, Average... .10,920,000 bales
Government Bureau, Average 10,700.000 bales
Census Bureau, actual average
yield.10.090,000 bales
These reports will be mailed or tele
graphed on request. Careful attention given
to all orders for the purchase or sale of
cotton for future deMverv.
H. F. BACHMAN & CO.,
BANKERS AND BROKERS
Established I860
14 Wall Street. New York.
MEMBERS
New York Cotton Exchange. New York Stock
Exchange, New York Coffee Exchange,
Philadelphia Stock Exchange, Chicago Board
of Trade. Associate Members Liverpool Cot
ton Association.
1* effective la treatise
nonataral dl(charges;
palnlesa.non- poisonous
and will not
Believe, In 1
SOLD IT DBieoNTR,
Parcel Foat U desired—Price tl. or S bottles I2.7&,'
Prepered by
THE EVANS CHEMICAL CO.. CINCINNATI. O.
stricture,
to 6 da/a.
COTTON
BROKERS
Member, New York Cotton Eachanie
and New York Produce Exchange.
Order, solicited for purchaie or sale of
cotton and cotton-seed oil for future
delivery. Correspondence invited.
Market letters end telegraphic advices
sent upon requrat without charge.
CHAO. FAIRCHILD & CO.
27 WILLIAM ST.. NEW YORK
Established 1896
higher. Selling Increased at this level, how
ever. and the market seemed to be rather
unsettled late in the afternoon on talk of
freer coat and freight offerings from Brazil.
March sold off to 8.35 and the close wan
5 to 7 pointa net lower. Sales of 84.000 in
cluded considerable switching from Decem
ber to later months.
November.,.$.09
December.. .... ...
January. 8.1$
February....t.S.’ft
March. .... ... . .8.34
April.8.39
May . 8.4ft
June..*.. .. 8.52
July.
.8.58
August.$.63
September.«..
October.8.75
Spot coffee dull, Rio 7’s, 5*4c; Sontos 4’s.
10Hc. Offers of Santos 4’s ranged from
atymt 9% to 10.10 In the cost and freight
market.
The official cables reported an advance
of 75 reis at Rio but a decline of 25 to
60 rels in Santos futures. Santos cleared
55,000 for New York. Brazilian port ie
celpts 59.000; Jundlahy 44,000.
NAVAL STORES '
SAVANNAH, GA„ Nov. 20.—Turpentine
firm, 47®47He; sales 549; receipts 390;
shipments 109; stock 20,279.
Rosin firm; sales 1,875; receipts 1,833;
shipments 80; stock 82,797.
Quote: ABCDKF $6.85; G $6.40; Ji
$6.45; 1 $6.45; K» tft.47H; M $8.60: M
$8.70; WG $8.90; WW $?
i