The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, January 05, 1917, Image 8

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The Montgomery advertiser. [volume], January 05, 1917, Image 8
About The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982

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The Montgomery advertiser. [volume] (Montgomery, Ala.), 05 Jan. 1917. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn84020645/1917-01-05/ed-1/seq-8/>

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1
A Special Purchase of Shirts
Enables us to offer you some exceptional values at very attract
ive prices, for instance
One Lot
at 85c each, include some
very attractive shirts, guar
anteed fast colors and having
both soft and stiff cuffs.
Sizes 14 to 17.
Another Lot
at $1.15 each are very at
tractive shirts with soft and
stiff cuffs. All the new col
ors and in sizes from 14 to
17. See these shirts.
..... . • . ■ ■ —-v
MEET! ON FRIDAY
MAY PROVIDE SPACE
FOR MOl EXHIBITS
Montgomery Manufactur
ers and Members of Com
mittee to Get Together
Tonight
Montgomery manufacturer^ who have
contracted for apace for exhibit of
iheir ware* at the city auditorium for
the "Made-in-Montgomery" week, Jan
uary Z2-27, are urged to attend a meet
ing which will be held in the assem
bly room of the ChamBer of Commerce,
Friday night at 7:30'' o’clock. The
meeting waa called early in the cur
rent week by Ben 8. Greil, chairman
of the joint committee of the Chamber
of Commerce and Rotary Club, which
t organtxatlona are behind the ahow
which will do much toward advertis
ing Montgomery as a manufacturing
center.
At Friday night's meeting every
subject pertaining to the aucceaa of
the show will be discussed, not the
least of which is the question of uni
form decoration of booths.
Uniform Decorations.
It has been suggested that unless
thero is some uniformity in the decora
tion of the booths containing the ex
> fatbits. Instead of presenting a pleasing
yiew to the eyes of those who go to
see it. It will have a tendency to look
■more like a "circus."
This is not the effect desired by the
committee on entertainment and dec
orations,- and the members will pre
sent a forceful argument at Friday
nlght’a meeting in support of the idea
of uniform decorations.
All of the exhibitors are interested
In this subject, and in order that the
hall be decorated ’according to the
wishes of the majority of the exhibi
tors, It is urged that they attend.
• Outsiders Surprised.
Chairman Greil Thursday afternoon
declared that he .Is getting numerous
letters from all sections Of the State,
Ss well as from Georgia, Florida and
Mississippi, seeking . information re
garding the show and stating that
many people expect to come here dur
ing the week to witness the Unique
exhibition.
j£‘ They also express surprise, accord
ing to Mr. Greil, that no admission
will be charged to the hall in which
the exhibits are placed, and want tc
know why the show has this unusual
feature. When they get here and in
stead of having to pay to enter the hall
Set a present for being there, they
brill probably be even more surprised.
Said Mr. Greil.
, All of the space in the auditorium
.which was set aside by the committee
on exhibits and concessions for the
booths has been assigned, and there
Still are several manufacturers here
who are desirous of being enabled to
make exhibits. •
Want More Space.
An effort will be made to provide
space for these at the meeting Friday
night, when it is probable that a sug
gestion will be made that each exhibi
tor submit to having his space cut a
foot or two. and in this way create
Additional space which may be as
signed to those manufacturers who
have no space reserved but now de
sire to get some for an exhibit of their
wares
, The meeting Friday night will be
an Important one and those manufac
turers who are giving much of theh
time and working hard for the success
Of the show earnestly request that all
exhibitors attend.
r t ■ '
Italian Steamship Is
Chased by Submarine
jt-'lj, ■ _ ,
(Associated Press.)
m NEWPORT NEWS, VA.. Jan. 4.—
The captain of the Italian steamer
' .Giavanni G., from Italy to Hampton
Roads, on arrival off Old Point to
day, reported that his vessel wai
..chased by an Austrian submarine jus1
off Sicily during the trip across. Thi
undersea boat was sinking an Englls)
ship at the time, said the Glavanni'i
skipper, but the name of the English
man was not learned. An order to stop
was i)Ot heeded and the Italian steam
er made a get away before the U-boa
could finish with the other ship.
C. E. Myers, professor of expert
'' 'mental vegetable growing at the Penn'
aylvanla State College, has succeeds'
in grafting tomatoes to potato plants
t,? The Smithsonian Institution ir
Washington Is seventy-one years old
OCTOBER COTTON’S
STRENGTH FEATURE
' OF QUIET MARKET
Rumors of Heavy Ginning
Report Depresses Trad
ing For Time
NEW ORLEANS, Jan. 4.—Tha itrtngth of
October cotton waa tha feature of a rather
flutat market here today. Oc'-ber was In
food demand from the opening - .0 the close
with final prices at the highest at a net
gain of 23 points for the day as against
a net rise of 4 to 10 points on the other
active montha Covering of shorts, the
rather sensational narrowing of differences
between the old and new crops and the
belief that foreign Interests owing cotton
In this country will sell their spots and
buy October on any further signs, of de
layed peace were the main reasons' for the
buying of the new crop position.
Early In the session the tone was unset
tled. but the market stood 1 to T points
up In response to a better Liverpool than
due. Before the trading had gone very far
It was rumored that a private crop report
ing bureau was out with a forecast of 11,
lOO.OOO bales ginned to the end of December,
which were considerably larger figures than
bullish traders had expected. This rumor
depressed the market for a while, sending
the trading months 4 to 10 points under
the closing level of yesterday. Later the
tone steadied on reports of an Improved
spot demand both In the central and east
ern sections of the belt, and towards the
close the market was at Its highest, a nag
gala qf 6 te 23 points.
NEW YORK COTTON
NEW YORK, Jan. 4.——Somewhat Irregular
early fluctuations were followed by an ad- !
vance in the cotton market here today with !
July contracts selling up to 17.88 and Clot- j
lng at 17.88. New crops were relatively i
firm with the general list closing very !
steady at a net advance og 8 to 20 points.
The market opened steady at an advance
of 6 to 7 points ,in response to relatively
steady cables. This bulge seemed to meet
some scattered realizing from local and
New Orleans sources under which prices
eased off right after the call. March sold
down to 17.45 and July 17.7r or about 5 to
7 points under last night's closing figures
but there was no Important pressure and
the tone soon became steady. Reports of an
Improved export demand In the south pro*
■toted buying on the rally and demand
became a little more active In the late trad*
lng with active months selling 7 to 22 points
above last night's closing figures. Foreign
trade Interests were credited with buylhg
October which showed the maximum ad
vance and ,s now ruling less than 125 points
under July compared with a recent differ
ence of over 200 points. Private wires re
ceived here from Galveston reported activity
on the part of Japanese buyers, while there
were reports from New Orleans that ocean
freight room was being engaged for ship
ment to Havre. There were also renewed
rumors of purchases in the south by Ger
man Interests for shipment after the war
and there may have been some lUtle buy
ing here to cover hedges against sales of
spots in the Interior. General buslneas re
mained very quiet however, evidently being
restricted by confusion as to political condi
tions and the uncertainty of ocean freight.
Private cables said that covering against
lost cotton at sea had been practically
completed. Early rumors of a second warn
ing against purchases of short term foreign
treasury bills were denied.
DRY GOODS MARKET
NEW YORK, Jan. 4.—Cotton foodi mar.
kets were quiet with pricea on gray goods
steady. Tarns were easier. Raw ailk wai
firmer. Meta’s wear for fall was bought
steadily. Jobbers reported trad• quiet with
shipping departments busy.
BANK STATEMENTS
LONDON. Jan. 4.“The weekly statement
of the Bank of England shows tba following
changes:
, Pounds.
Twtal reserve increased . 4SS.000
Circulation increased. 219.000
Bullion Increased. 452,649
Other securities decreased •• ... .14,472,000
Other deposits decreased .... ..19.288,000
Public deposits Increased .. .... 1,031.00)
Notes reserve increased. 475,000
Government securities Increased .. 4,999,000
The proportion of the bank's reserve to
liability this week is 19.74 per cent; last
week it was 18.59 per cent.
Rate of discount 4 per Cent.
PARIS, Jan. 4.—The weekly statement of
the Bank of France shows the following
changes:
lYanc*.
Notes lnclrculatlon increased.. ..322,421,000
Treasury deposits Increased. 27,511,000
General deposits increased ...... 52,441,900
Bills discounted Increased .. ..124,046,900
Loans decreased. 29,497,000
Gold In hand Increased . 1 . 9,848.000
Silver in hand decreased. 2,833,009
OIL JUMPS.
TULSA, OKLA.. Jan. 4.—The Texas Co.,
> late today posted an advance of 25 cents
for Cushing crude oil. The new price la
now $1.75 per barrel.
NEW YORK SPOT COTTON.
NEW YORK. Jan. 4.—Spot cortton quiet;
middling uplands 17.65; sales 2,209 bales.
CHICAGO PRODUCK.
CHICAGO, Jan. 4.—Butter, unchanged.
Eggs, receipts 3,196 cases fe unchanged. Po
tatoes, receipts 31 cars; unchanged. Poul
try.. allVS imnfcaassd -
Official quotation* of the Montgomery
Cotton Exchange an baaod on actual trade*
mad# yeeterda/ ara given below. Wbara no
•ales ara actually scheduled the quotation*
arb for the bualnaaa transacted on the dag
before:
Middling fair.... ..
Strict good middling.••• .... ...
viood middling.... .... ...
•trict middling.... .... .... ...
Middling.. ...
Strict low middling*... ..
Low middling.. %. ....
Strict good ordinary .. .
Good ordinary.... ..
8alea officially roportod. none.
.17.T§
•17.IS
at.it
17.18
17.18
.17.at
lt.it
It.SI
11.71
8pot quotation* continued unchanged on
the local market Thursday, with middling'
■till at 17.26, and no sales reported for the,
day by local warehouaea. New York and
New Orleans spots also remained unchanged, ,
the former market being quoted at 17.66:
for middling, and New Orleani at 17.11. |
Futures in New Tork were up S to I points, j
and in New Orleans I to t points.
Liverpool continues to advance on the in- |
creased spat demand, which, It is etated,;
Is dally becoming heavier from the English |
mills. Exports from the American side to |
Liverpool are steadily Increasing, and It is
reported that English mills hava almost no
reserves, and are forced to draw directly **u
Liverpool for their supply of raw cotton.
Liverpool Still Firm.
Liverpool waa due 1 to S Vi points higher.
The market opened steady 2 to 8 points up.
At the close, the market was firm at a net
gain of 10 points. Spots wera In good de
mand at a decline of 16 points, with mid
dling quoted at 10.88; sales of 8.000 balos,
of which 7,400 were American cotton, and
Imports of il.000 bales, of which 17,700 bales
were American cotton.
The general situation on the American
stde shows a, renewal of bullish strength,
and It Is believed that with ths development
cf an Increased spot demand there Inevitably
will be an advance in values. It Is stated
that spot holders throughout the south con
tinue firm, and that Irt will take 20 cents
to move the bulk of cotton Hi their hands.
Accumulating Stocks.
Spinners havo managed to accumulate
considerable stocks of raw cotton ,and have
been staying out of the market in the hope
that spots would weaken In keeping with
the drop In futures; but this hops has so
far not been realised. It la pointed out
that when the spinners reach the point
wherfc their stocks must be replenished they
will meet the price demanded by holders.
Indications within recent days are that this
state of affairs la drawing closer, and al
ready a considerable revival In spot demand
Is being heard of, with a number of mills
reported In the market for largo quantities
of cotton.
On the subject of peace, It is 'reported
from Europe, unofficially, that the text of
the German demands already Is in the hands
of President Wilson to be forwarded to the
entente allies, and hope ia held forth that
ths president's good offices in mediating
yet will be able to settle the difficulties of
the belligerent*
Advertise Far Freight.
In this connection, it is reported that both
the Hamburg-Amerlcan and the North Ger
man Lloyd lines hava advertised for freight
to America after February 1, and that
steamers are being put In order for the ex
pected voyage.
The weather map showe unsettled rainy
weather over most of the belt. The forecast
is for an Increased unsettled etate of the
weather, with rains followed by clearing,
colder weather, and a real cold wave by
Sunday.
New Crop Prospect*
With regard to the prospect for another
crop, it is reported that owing to the in
creased cost of cotton production and the
emigration of negro laborers there is every
reason to believe the cotton acreage will
be very considerably cut down throughout
the belt and more attention paid to stock
raising and other forms of diversified farm
ing.
This opinion does not come from purely
local sources, but appears to be the con
sensus of opinion formed by Interests which
are concerned strictly with cotton end have
no intention of boosting the diversified
farming boom. By some large northern
authorities the prospects for a cotton crop
in 1817 are described as '‘alarming.'*
It is reported that ths national glnners
figures to January 1 show a total of 11,
117,808 bales of cotton, showing an ad
vance for the latest period of 245,000 bales,
against 231,000 bales for the earns period
last year. The Pacific coast cleared 8,000
bales for Japan Thursday.
UVERPOOL COTTON
LIVERPOOL, Jan. 4.—Cotton spots lower.
Good middling. ll.04d
Middling.10.88d
Low middling.J.10.72d
Sale* 8.000 bales, of which 000 were for
•peculation and export. Receipt* <t,000.
Future* closed barely steady.
January.10.40
January-February. 10.40
February-March.10.58
March-Aprll.10.58
Aprll-May.10.01
May-June. ..10.64
June-July. ...10.63
July-Auguat.10.62
Auguat-8eptember. 10.87
September-October.10.08
October-November ..0.04
November-December.0.86
COTTON FUTURES
NEW YORK, Jan. 4.—-Cotton future*
closed.very steady.
Open. High. Low. Close.
January .......... 17.40 17.87 17.88 17.35
March. 17.00 17.68 17.44 17.60
May .. 17.80 17.86 17.70 17.85
July . 17.87 17.00 17.71 17.88
October . 16.68 16.77 16.50 16.75
NEW ORLEAN8, Jan.- 4.—Cotton futures
closed steady at an advance of 5 to 28
paints.
Open. High. Low. Close.
January . 17.00 17.04 16.00 17.05
March. 17.10 17.20 17.02 17.18
May. 17.48 17.44 17.27 17.42
July . 17.50 17.63 17.48 17.61
I October.16.21 16.40 16.13 16.40
DAILY COTTON MARKET
u
Port
Movement.
I He
fc’pts.
Ex- [Sales.
is&r
200
8tock.
New Orleans, 17.IS..
Galveston, 17.50 ....
Mobile.* 17.11.
Savannah. IS.25 ....
Charleston.
Wilmington, 17%
Norfolk. 17.25 .. ..
Baltimore..
Boston, 17.55.
Philadelphia. 17.80.
New York. 17.55_
Minor Ports.
117011.
6712f.
240 .
140O[.
I 7201.
1*1.
16181.
178
188
06
S45| 200!
S866|15»42|
400500
377510
20884
1200498
66406
50730
114155
8476
0100
4024
146792
40147
Total today, receipts 20,068; Exports 16,
542: stock 1.588,342.
Total for week, receipts 125.057; exports
84.451.
Total for Oeason, receipts 5,011,846; Oxports
8.208.170. #
Interior
Movement
Re- |Shlp-[Sales. |Stock.
i'ts.| |
Ic'pts.l m*<
Houston. 17.45 .. .
Memphis, 18.00 ...
Augusta, 17.56 .. .
St. Louis.
Cincinnati .. .. ..
Little Rock, 17.25 .
Dallas, 17.00.
Montgomery. 17.25.
4314! 0585
I 60741 8564
I 238! 1823
I 13181 2134'
,| 7671 446
I 3801 1800
.1.
75221255777
251387355
228 149033
-i 30484
-! 28008
18001 60767
S117I..
.!.
Total today, receipts 18,986;
19.854; stock 647.654.
shipments
NEW ORLEANS SPOT COTTON.
NEW ORLEANS. 3an. 4.—Spot cotton
steady and unchanged. Salsa on tha spot
800; to arrive 450.
Good ordinary. ....15.63
Strict good ordinary.16.13
Low middling.16.63
Strict low middling.16.88
Middling.17.13
8trlct middling.17.32
Good middling.17.50
Strict good middling.17.75
Receipts 11,701; stock 490.500 balds.
Johnston, Storm Report
NEW YORK. Jan. 4.—Today's market
was small In volume and without Interest
ing features. The undertone was good and
political news seems about to be superceded
by statistical facts. In our oplnioq cotton
Is a purchase at present levels as we be
lieve that with the return of activity higher
prices will be seen.
Liverpool la due six points higher for Mar
contracts. |
The oil market advanced about twenty
points on short covering and western buying
but these are technical facts which In our
opinion do not overcome the export situa
tion. We believe oil is a sale on such ralllos
as occurred.
Johnston, Storm and Co.
PEACE RUMORS ARE
BLAMED FOR GREAT
REVERSAL IN STOCK
Confusion Results From
Conflicting Rumors Con
cerning Foreign Re
lations
■ ■ • i
NEW YORK, Jan. 4.—Rilmors an{ reports
deals* with the peace situation were cred
ited with causing a reversal In the stock
market today which carried prices down I
to t points. Board room gossip'revived re
ports of fresh complications between the
United States and Germany which adversely
affected the so-called peace stocks, whllo
despatches from Washington forecasting a
new move by this government In the direc
tion of peace appeared to have a similar
effect upon the war Issues. These and other
developments cieated confusion in cross cur
rent In the movement of prices, although
It was apparent that professional traders
were In control.
Unsettleraent began soon after the firm
opening, Incorrect advices from ashlngton
giving rise to the Impression that the fed
eral reserve board had issued another and
more emphatic warning against American
participation Ip short term loans of foreign
origin. 'Losses were generally extended dur
ing the Intermediate period and again In
the final hour. #
Intermittent rallies of one to two points
were more than balanced by increased heav
iness In United States Steel and filled In
dustrials,’ as well as ogher potential Issues,
Including coppers, the latter being under
especial pressure In consequence of further
price concessions for the refined metal.
Mexicans were about the sole exceptions to
ths downward trend, making substantial re
coveries from midday depression.
Ralls* were today more than ordinarily, i
responsive to the bearish attitude of the i
trading element, standard Issues losing 1 to
3 points with BH for Canadian Pacific. The
southern division was firmest of th*t group i
and temporary gains of 1 to 2 points. <
Munition* and equipments, leather .and i
sugar shares, motors and their accessories, i
some of which opened with, material im
provement, ended at net losses of variable (
proportions. United States 8teel again con
tributed about S3 per cent of the day’s busi
ness at a final loss of 3 joints. Total sales
of stocks amounted to 1,426,000 shares.
Monetary conditions had no bearing upon
the course of the stock market, call money
retaining Its recent ease, with lower quota- i
tlons for time accommodations and mercan
tile paper, which was in scant supply.
A slight hardening of sterling and a
shadfng of marks and rubles were the only ,
feature* of the foreign exchange market.
Bonds were irregular with further conces
sions In local tractions. Total sales, par .
value, aggregated 95,470,000.
United States bonds were unchanged on
call
CLOSING STOCK LIST
Stock*:
Sales In (High. Low.jCloss.
hundreds.)
28*
>9*
61
60
123%
Allls-Chslmsrs.It
Am<r. Beet Sugar .. .. 06
Amer. Can.146
Amer. Car A Foundry35
Amer. Cotton Oil .... 3
Amer. locomotive •• ..173| 82%
Amer. Smelting.289)108%
Amer. 8ugar.1(U114
Amer. Tel. A Tel.30r*
Amer. Tobacco ...
Amer. 2£lnc. 18
Anaconda Copper.423
Atchison.105
Atlantic Coast Line .... 2
Baldwin Locomotive... .104
Baltimore A Ohio .,
Bethlehem Steel ..
Canadian Pacific ••
Central Leather.8661 97%
Chesapeake A Ohio .. .. 171 65%
Chi.. Mil. A St. Paul.. 261 92
Chi.. R. I. A Pac. Ry.. 30| 34
27
94%
48%
67
60
27%
95%
49
67%
r.o
78 % | 79
104 |106%
10
111%
123%
39%
86%
37
82%
106 % 1104%
|119
61%
84%
8(515 1510
«. 74)164 |1658%
- 91%
119
69
84
48%
133
23%
68%
Colo. Fuel A Iron •••• 27
Con. Gas. 5
Corn Products.79
Crucible Steel.515
Cuba Cane Sugar .. 260 65%
Erie.. .. •.7. 7lT 34%
General Electric ..
Great Northern pfd.. .. 9
Great North. Ore ctfs.. 40
Goodrich.17
III. Central. 7 105%
Inspiration Copper .. ..162 69%
Int. M. M. pfd. ctfs....306 87%
International Nickel ... 37 43
64%
90%
32%
46%
132
21%
63%
52%
33%
5)169 % |167
118 %|117 %
S7%| 36%
60 | 68%
105
67%
83%
41%
International Paper ....116) 49%| 45%
Kan. City Southern.... 4) 25%
Kennecott Copper .. .. 60) 46 %
Lehigh Valley. 7| 79
Louis. A Nash.. •• .... 2)133%
Liggett A Myers.I.
Lorlllard Co.
Mtxw.ll Motor..1*7] 6514
Me^ Petroleum.S66ll03%
15%
6414
7614
162*
6114
6614
Ulv4
1*4%
214
87
93%
106%
116
60
64%
616
ICO
89 %
64%
99
93
47
133
33 %
64 %
64%
33%
167
116
36 <4
56%
185%
57%
66%
4*14
45%
35%
46%
18%
133%
376
123
62%
103%
National Lead. 81 01 %| 60 I CO
N. T. Central ••. 381103%
N. Y., N. H. 44 Hart... S| 62%
Norfolk ft Weatern .... 13|13t%
Northean Pacific .. .. 71110
Pennsylvania.301 67
Ray Con. Copper.73| 36%
103
63
135%
106%
56%
30%
101%
79%
11%
S3
07%
Reading.91 104
Rep. Iron ft Steel .209 13%
Seaboard Air Line .... 9 17%
Seaboard Air Line pfd.. 8 89
Sloes Shef. S. ft 1. 18 71
8tudebaker Corp.178 109%|105%
Southern Pacific. 33 98% I 98%
Southern Ry.. 46 88%I 31%
Southern Ry. pfd. 8 70 I 69%
Tenn.'Copper.26 16 [ 14%
Texas Co.61|2S8%|232
Union Pacific.160ll46%|144%
United Fruit. 3 161% 150%
U. 8. Rubber.34] 66 02%
U. 8. Steel.4903 116% 1111%
U. 8. Steel pfd. 7 120%|119%
Utah Copper .. .. ,,.266
Va., Caro. Chemical, 4.. > 3|
Wabash pfd. "B”. Ill 10%
Weatern Union. 91 96%
West. Electric.»7| 64%
103
62
135%
109%
50 %
26%
101%
30
17%
38
67%
105%
96%
31%
69%
15%
233%
144%
150%
64
112
130
105%| 99% 1101 %
43HI 43%
29%
95%
43%
29%
96
63%| 64%
Total ealee for the day 1,371,700 ahares.
MB XV lunti. BUM us
u. 8. S registered..
IT. 8. 2a coupon..., .... .
U. Sr 3a registered.... ..
U. 8. 3a coupon.. .
IT. 8. 4n registered.
U. 8. 4a coupon... ..
Panama Sa coupon.
American Agricultural 5a.... ....
American Cotton Oil 5a.... ....
American Tel. * Tal. cv. 4 Ha.
American Tobacco 4a.... .... ..
Anglo-French 5a..' .... ..
Atchison gen. 4«.. .... .
Atlantic Coast Una 1st.. .... ...
Baltimore A Ohio cv. 4%s...« ...
Central of Ga. Con. 5a.. .
Central leather 5a.
Chesapeake A Oiho cv. 4Ha.. ...
Chicago. B. A Quincy joint 44....
Chicago. MU. A St. Paul cv. 6a...,
Chicago, R. I. A Pac. Ry. ref. 4s,
Colorado A Southern ref. 4Ha....
Denver A Rio Grande ref. 6a....
Dominion of Canada 5s (1331)....
Erie gen. 4a...
111. Central ref. 4a...
Kansan City Southern ref. 6a....
Liggett A Myers 6a.. .... .... .
Lorlltard 5s. ..
Louisville A Nashville un. 4a.
Missouri, Kan. A Texas 1st 4a.. ,
Missouri Pac. Ccn. 4a..
N. Y. Central deb. 6s..
N. Y.. N. H. A Hartford cv. 6a..
Norfolk A Western cv. 4%s.... «
Northern Pacific 4a..
Pennsylvania Con. 4H*. «
Pennsylvania gen. 4%a.... •••• «
Reading gen. 4a..
Republic Iron A 8. 5a (1540).. ,
St. Louis A San Fran. ref. 4a....
St. Louts A Southwestern let....
Seaboard Air Line adj. 5a.
Southern Bell Telephone 5a.... •
Southern Ry. 6n. ..
Southern Ry. gen. 4s.,.
Tenn. Copper cv. 6a.
Texas Company cv. 6a.. ..
Texas A Pacific 1st...
Union Pacific 4a.. .... •*,
IT. S. Stee 5s.. .
Va.. Caro. Chemica 5a.
.... 99%
.... 99%
....100%
,...100%
....110
. • .110%
....103
,...102%
b... 57%
....108
....117%
. .. 93%
-55%
.... 95%
.... 96
....101%
....103
.... 85
.... 98%
....106
.... 76%
....* 85%
• .. 66%
....100
.... 72%
.... 92%
.... 90%
....103
....1021%
.... 9G%
.... 76%
....103%
• ..111%
....110
....134
.... 95
....106%
....103%
... 55%
....100
.... 53
.... 78
.... 47
^ ..101
....103
.... 75%
90%
....106%
....100%
.... o%
....103%
.... 95%
MONEY MARKET
NEW YORK, Jan. 4.—Merc.ntil. paper
4 C 4 H ■ Sterling ..change, (• <Mra 4.«m:
commercial bill, on banka 4.7)74: commer
cial, (0 day bills 4.71; demand 4.7544; ca
bin 4.75 7-l«. Franca., d.mand
cablea 5.4314. Mark., demand .7114: cabin
7114- Kronen, demand 17%) *»bl«» Jl’i
Guilder., demand 40%; cable* 4074. I-lrea,
demand *.8«: cables (.Si. Bubln. demand
2(14: cables 2*74
Bar silver 75%.
Mexican dollars 58%.
Government bonds atwdjr; railroad bonis
firm. *?'
Time loana easy; 49 and 50 days S%0
3%: six months 3% 04.
Call money steady; high 3%: low 2%:
ruling rate 2%; laid loan 2%; closing bid
2%; offered at 2%£, ' >
-B4r silver 32 %d per
LONDON, Jan.
ounc*..
Money 4%#4% # cast Discount rates;
Short bills and three months biUa l%9£5%
**rcw‘- v, 4 . ,
EXPORT BUSINESS
FAILS IN HOLDING
, WHEAT WEAKNESS
Peace News From Wash
ington Has Demoralizing
; Effect in Pit
CHICAGO, Jan. 4.—Export business on
a kttfi scale failed today to offset altogether
acute weakneu that for a brief time seised
the jnarket owing to reports that President
Wilson would make a fresh effort to end
hostilities In Europe. After an extreme
descent of 1%, prices closed nervous at
net losses of 1% to 2%, with May at 11.14
to 91-04% and July at 91.49% to *91.90.
Corn finished 1% to 2% down and oats off
14 to 1%. In provisions the outcome ranged
from a set back or 19 cents to 27% advance.
It was only for a few minutes that the
wheat market gave evidence of seml
lenraorallsatton and plunged violently down
ward beyond ordinary limits. The accom
panying heavy selling had been Induced by
the peace news from Washington tut was
lulckly countered by announcement that ex
port sales of wheat aggregated roughly
1.000. 090 bushels. Holders who had been
itampeded Into the selling movement were
*apldly switching back again to the buying
ilde In the last hour, though the confidence
it many bqlla had been too badly shaken
tor any new venture until more time was
ifforded to get a more thorough knowledge
is to the nature of the move expected to
>e made to bring the belligerent govera
nents to an understanding.
Before the peace reports came from
Washington, sentiment In the w head'pit was
noderately bearish owing to doubt as to the
advisability of following up the 12 cent ad
vance which had been scored in the pre
ceding 41 hours. Even the enthusiasts
vhose avowed aim was to lift prlcgs to 92
t bushel admitted that the r^se had been
iverswlft and that something of a reaction
vas due.
Corn weakened chiefly In consequence of
enlarged country acceptances of bids from
Chicago. The market, however, was
iteadled later by advices that the entente
tllles had purchased 1,500,000 bushels In the
ast 24 hours. Oats duplicated the action
if corn. It was said that sales to the sea
ward yesterday and today amounted to
1.000. 000 bushels. •
Advanced quotations en hogs made pro
rislons average higher.
Tne best demand came from shorts.
Grain and provisions ranged as follows
oday:
l.is*
I.ll*
•7*
**
*T*
It
l.MH
1.14
•t
ITH
It
It*
l.io*
1.47*
»l*
15*
W\
WkMt:
Mar •. .
toir .. .
Com:
Mar ..
luir .. ,
Oats:
Mar .. .
ruir ..
Pork:
'an.17.11
Mar.17.44
Lard:
'an.11.17
May.11.41
Riba:
'an.
Mar.14.11 .
Caah (rain ranged an followa;
Wheat, No. 1 rod nominal.
No. 1 rod nominal,
la 1 bard nominal.
No. 1 hard nominal.
Corn. No. 1 roliow ..
No. 4 roliow .. ..
No. 4 white. 14*0
Data No. I whlto .. .. .... tl*J
Standard. 11*0
Rra No. 1 nominal.
No. I.I.IS
Sarler. 10 0
rimotbr.1.14
Dlover.11.04
Pork.*. .II.SO
Lard.IS.12
Riba. ..11.2S
17.11
17.IS
II.IS
11.17
11.17
14.11
17.17
11.11
11.11
11.17
11.15
14.15
.14
• 41*
17*
14*
17*
14*
.24
.41
.21
.17
.17
.41
•4 •
•1*0
•7
•IH
«*
SO*
14*
0 1.
0 I.
©17
01S
#H
21.
.SO
.00
.27
.00
KANSAS CITY GRAIN.
KANSAS CITT. Jan. 4.—Wheat, Ka 2
lard S1.4SOI1.41: No. I red 11.44 0 41.13.
Corn, No. 2 mixed 14*014*c; No. 3
shite 140ISc; No. 2 roliow 1404SC.
Onto. No. 2 white 6!0S7c; No. 2 mixed
>4 ©55c.
LIVE STOCK MARKETS
CHICAGO, Jan. 4.—Hogs, receipts 21,400;
ictlva I, to lOo above rexterday'a average:
Bulk.-...41.95 010.41
Lilght .,.. .... .... .... 1.64 010.14 ,
Mixed. 1.15 014.SS
Heavr.. '..14.00 Oil.IS
Rough. ..14.00 014.11
Pig*.. ..7.10 0 1.15
Cattle', recolpta 1,040; firm:
Va41ve beef cattle.7.SO 011.44
Western steer* .. .... .... 7.45 010.04
Stocker*. 5.15 0 4.44
lows and helfera. 4.10 014.00
Calve*. 4.00 011.25
8heep, receipts 12,000; strong:
Wethers.1.2S O10.SI
Ewes. 1.75 014.04
Lambs.11.40 011.70
ST. LOUIS LIVE STOCK.
ST. LODIS, Jan. 4.—Hogs receipts 11,440;
higher:
Light*.14.IS 011.SS
Pig*.7.7S O S.1S
Mixed and butcher*.14.20 014.IS
Good heavy.10. SS 014.74
Bulk.*•.11.16 010.10
Cattle, receipts 4,500; ateadr:
Native beef ateora.7.SO 011.50
Yearling nteora.4.61 011.50
Cow*. S.S0 0 2.SO
Stocker*.S.S0 0 1.50
Texa* quarantine steer* .. S.50 0 4.51
Print* southern beef steers 4.44 0 9.04
Beef cow* and heifer* .... 4.26 0 7.50
Prime yearling steer* and
heifer*. 4.50 0 1.50
Native calves.4.01 014.IS
Sheep, receipt* 1,144; ateadr:
Lamb*. 1.40 011.SI
Ewes. 1.44 0 1.51 -
Yearlings.14.40 011.11
KANSAS CITY UYI STOCK.
KANSAS CITY. Jan. 4.—Ho**, receipts
8.000: .
Bulk.10.00 ©10.45
Heavy.10.85 ©10.50
Packers and butchers .. ,..10.20 ©10.45
Light. 0.70 ©10.20
Piss.’.8.25 © 0.50
Cattle, receipts 8.000; Including 100 south*
erns; higher:
Prime fed steers....10.50
Dressed beef steers. 8.50
Southern steers.8.50
Cows.5.00
Heifers .... ..8.00
Stockers.,.8.25
Bulls .5.60
Calves.8.50
Sheep, receipts 7,000; lower:
Lambs.*.12.75
Yearlincs. • ..11.00
Wethers .... ..8.75
Awes. 8.00
©11.50
©10.60
© 0.00
© 9.00
©10.50
© 8.50
© 7.50
©11.50
©18.25
©12.00
©10<00
© 0.26
COFFEE MARKET
NEW YORK, Jan. 4.—While somewhat
Irregular, the market for coffee futures Im
proved in the late trading, and closed- at
a net advance of 8 to 7 points. There was
not much further talk of a possible Import
duty, but the ocean freight situation ap
peared to be causing more or less uneasi
ness as to the cost of replacing pupplies
nof available In this country and after
opening unchanged to one point lower the
market advanced on covering and a little
trade buying. May contracts sold up from
8.88 to 8.96 and closed at 8.88. Closing
bids:
January.«... .... .... .... ..8.75
February...8.81
March...../.*. ..8.87
April.
May.
July.
.8.90
r
.8.63
.8.95
August...,.9.03
September..,.. .... .... ..9.09
October. ... «.9.14
November..*...#- .. .. .. .. ...... ..9.21
December..'.../. 9.29
Spot steady; Rio 7’s, 9%c; Santos 4 s.
10He. ffc fresh offers were reported In the
cost and freight mark*. The world’s visible
supply showed an increase of 165.876 bags
for December, compared with a decrease of
118.772 for the same month last year mak
ing the world’s visible as of January 1st,
11,278,776 against 10,312,254 last year. The
official cables reported a decline of 76 rels
at Rio and 25 to“o rels In Santos futures.
Victoria cleared 4,000 bags for New Orleans. I
Port receipts 45.000; Jundlahy 20,000. The
freight rate from Rio to New York is now
officially quoted at $2 per bag.
Jay Cotton Report
NEW YORK, Jan. 4.—The cotton marked
wss dull today and business Is restrlctsd
due to the uncertainties in the international
situation. The dry goods market la quiet
with but few orders being placed. The
speculative Interest is smaller than It has
been for some time and traders are waiting
for fresh developments before making new
commitments. Spot markets are reported
firm. Any aggressive demand for spots
would doubtless be reflected by. an advanco
la Urn future markets.
^ y.. _ J. W. Jay and Ca. ^
It",
-. \f • h!.<
When Yota- Start
a Bank Account
It signifies a determination to yield
to good judgment and the unquestion*
able consideration' for events beyond
prophecy.
Those who save do not see any dark
spots in the future, and the feeling of
security the habit of saving brings, is
worth more than anything money can
buy*. ,
Put your spare-money in the bank
and watch it grow along with' the pleas
ure a bank account brings. Begin with
♦1.
4 Per 0»t Interest Paid on Savings
&
*«*'*„»£
7 7;
fi
I
The Fourth National Bank
The Bank for Savings
4
" 7M
*5 jh
' H
* > fe
7^1
■ •
: I
i
■#!
- *?^y
V-v*
THURSDATS RECEIPTS
FOR LOCAL MARKETS
ARE MIXED PRODUCTS
Besides ' Carload • Lois,
Many Small Shipments
Arrive for Dealers
A car cf banana*, a car of onion* and a
nixed carload of cabbage, fancy boxed ap
>lea, and pineapples were received on the
ocal market Thursday. In addition to the
arload lots, shipments of Florida tomatoes
o sell at 93.60 a crate; grapes quoted at
>6-60 per keg; lemons to sell at $4.25 to
• 4.60.a box, and Canadlsrutabaga, quoted
it $2.60 per hundred weight, also were to*
:elved. v
There were no changes reported In the
wholesale price of produce on the local
nsrket Thursday. Local merchants are ear
ylng ample, stocks of produce of all kinds,
md although demand has necessarily slack*
nod $lnce the holidays, business conditions
ire reported as very satisfactory for the
eason.
The retail produce market Is well supplied
rtth poultry and vegetables, with no change
n price recently reported.
OiratotlMw m fNh uO Mac NmcM
if Si. F. Wilcox.
Apple,—Extra fancy Wlaeeapa 17.41; Ne.
. Wlneeapa II.II; extra fancy York Lm
>erl,le $5.Si; fancy York Imperial, IS.00;
lancy Red Streak li.il.
Lemon,—Extra fancy Verdelll. lira. Il.lii
lancy Verdelll. 14.10; ebolce lira II.TA
Irlah Potato*.—Fancy Jersey xlanta ItN.
Oranxee—Slxee 121. SSI and III. Il.lii
ill other elxea II.SI. *
Grapefruit—Fancy, alee 11-11-14-11. II.SI.
Tangerines—Aaaorted alaea II.M
Canadian Rutabagas—Choice eelected aterk
lacked, per cwt. |I.SI.
Cabbaye—Northern stock, 11.71 per cart.
Lima Beana—New California, II lb.
Peas-^New California black-eya To Ik
Onlone—Extra fancy larie Yellow, 11.71;
ixtra fancy larse Red, II.IS; Spanish. ale*
■I. II.IS; alia 71. |1.7S per crate.
Bananaa—ll.SI, 11.71. |s.si and |t.W
Almerla Grape,—Extra fancy. heavy
velsht ll.SI; fancy, heavy wel(ht 14.41;
Ha I heavy wWIght IS.SI.
Cocoanuta—Bis Mo? key Brand. Ilf to
mck, avarase weight IIS lbe„ I7.SA
Poultry and Eggs.
Else—Freeh. 4lo a desen.
Calrkena—Hens, 41c: frlera. ,| to tic
Ducks—II to II cents.
Turkeys—Live II cents pound.
Staple and Fancy Grseertas.
Sugar—Granulated. Ibcli faaey Y. C, tc
^ound.
Meal—Roller. II lbs. ILII; Water Ground
II.IS.
Coffee—Roaetod. 11 to lla; No. I aoo |0o
to 11.M; Prims 11 O lie: hut M 0lfei
Peaberry, !0«; Arbuckle'n 910.11 per
Mock ut Java
Montgomery boots:
If Olio.
Extracts—Vanilla, It; tow on. ola> IT pat
gallon.
Molasses—Sugar Sanaa, We; Pitas Oonttt
(naal, 10015c; Com Sjrrutb 14011a; Ossrgla
Can, It >» 40c, '
Vinegar—Distilled. In half barrel* lit;
White Wlno stock, in barrels, lto| Pot*
Apple, In half barrels, lla p'l**
Klee—To pound.
Dried PTulte—Fancy Psache*. If Ih. base*
OHe lb.; Caltarnia Prunes, If lb, boxes,
IH to 11c; Apples, 11-as. cartya, 7 He lb.
§4®
- a
■ y
M
NAVAL STORES
COTTON SEED OIL
Alabama Audit Co.
Public Accountants
1122 Bell Bldg. Phone 1641
SAVANNAH, OA., Jan. 4.—Turpentine
firm, filtteH sales II; receipts fl; shipments
114: stacks 11,171.
Rosin firm; sales 140; receipts fOT; Ship
ments 1.944: stocks 01,174.
Quote: ABODE 90.1140; FQ 90.19; HI
10.10; K If.60; M 10.70; N ff.tf; WO
17.00; WW 97.IIOf7.tlH.
Jkv;
■4
* >SS6
!. r ' 5*
. #■!
NEW TORK, Jan. 4.—The cotton toad oil
market closed firm’'.
Spot.. ..11.00 bid.
January.... .... w ..11.00011.10
February....11.10011.IT
March.11.01011.91
April...11.01O11.97
May.. ..11.01011.4*
June. ..11.00011.04
July. 11.07011.01
August.11.01011.11
Total sales 11.000 barrels.
&
M
m
B
- ■ .*>
oys
- 'V
-
1
'M1:
m..
/is
H
urry
Up!
A
*:
If you want to know all about the Advertiser’s free
“Trip to Washington” fill out the following blank at
once.
This is going to be a dandy trip—the trip of a life
time, and the boys are all going'in style too. Pullman
cars and all that kind of business. , Don’t you want to
go? Of course you do!
This is not a contest—yon don’t have to “beat” any
one to win. j/.-t
■ ' _ •..
Just fill out the following coupon and get full details
by first mail. * ' v
WLL OUT AND CUP THIS. COUPON AND HAIL TC.
'‘TRIP TO WASHINGTON EDITOR,”
THE ADVERTISER, MONTGOMERY, AT.A.
.Date...
Please send to me detailed plans regarding your “Free Trip to
Washington.” "
Name
Address
•»* 4-/:
Age
Father’s name .... Mother’s name
All boys must give fotir references, please fill out the following
lines carefully:
Reference Address ' * x
1.
2.
v
,.y
> 7
3
4

The Montgomery advertiser. [volume], January 05, 1917, Image 8
About The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982

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The Montgomery advertiser. [volume], January 05, 1917, Image 8
About The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982