The Montgomery advertiser. [volume], August 10, 1917, Image 8

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

Image provided by: University of Alabama Libraries, Tuscaloosa, AL

                
MM III
CHE conn
m
JUST WHAT HE ASKS
£•'' 1 *
Pershing’s Request Foi
Smaller Divisions Means
|, Much More Work
thWA»SHINaT0N, Aur ®—Reduction of
ino strength of American army divls
lons to the European standard of 11,
•oo men and revival of*\he old army
corps major tactical unit, was recom
mended. it was learned today, by Mai
General Pershing after a careful study
of conditions at the front. American
officers are convinced that sound
military .reasons Induced the French
and British war offices to adopt this
wctictl formation .for trench war*
fare.
Reduction of divisions means a big
Job for th'e war department. Much ad
ministration work already completed,
probably will have to be thrown aside
and done over General Perlshings recom
mendations sire positive, however, and
the department's attitude Is the same
as It was toward General Funston dar
ing the Mexican trouble. The wishes
of the man on. the ground, on whom
rests the responsibility fob actual oi
•ratlons, will be met as far as Is prac
ticable .
■ One effect of the reduction of both
brigades and divisions will be to
. create many additional vacancies in
the glides of Major and Brigadier Gen
eral. It has been found abroad that
the 19.000 men division In trench war
I* about the maximum that can
be handled by one headauarters. Trench
fight Is In reality siege warfare on
huge scale. Operations require detail
ed orders and the coordination of
large .todies of troops and of artillery
on a scale neveir dreamed of In pre’
vlous wars. All this adds to the task
of the corps division and brigade com
manders each one of whom is con
ducting a battle of his own on his
Immediate front.
COTTON REACHES LEVEL.
Associated Press.)
MANCHESTER, ENGLAND, Aug. ».*
4-Professor Todd calls attention to the
fact that while the price of cotton,
has been establishing new. records
•very other day. It has reached a level
commensurate with the rise In the
general level of prices tor the first
time since the beginning of the war.
KANSAS CITY GRAIN.
Quh wheat No. t hard .. 2.10 0
No. 2 red . 2.50 0
Corn, No. t mixed . 2.10 O
No. 2 white . 2.50 O
- ? No. 2 yellow . 2.22 0
Oats, No. 2 white . .70 0
No. 2 mixed ...i.II 0
ST. LOUIS GRAIN.
Cash wheat No. 2 red ....
No. 2 hard.
Sept. .
Core, Sept.
December. ••••••
No cash .trades.
Oate. Sept1 .
Dee. ...
No caah trades
2.42H0
2.45 0
2.21
1.17
1.11 H
.11H
2.21
2.54
2.21
2.24
2.24
.71
.41
2.45
2.52
Our Repair Department
Will answer your calls promptly
»nd give you the best of service.
Phone 706 when you need help.
MOSLEY ELECTRIC CO.
122 N. Perry
Parker’s , j
Fountain pens'
FOR SOLDIER OR
CITIZEN.
INK TABLETS FOR
SOLDIERS.
Wilson Printing Co.
Phone 278
Alabama Audit Co.
Public Accountants
,1122 Bell Bld^. Phone 1541
The Right Way
OKPAKTS,
\ For Union Springs, Troy, And**
lu*U, Eufaula, Dawson, Amiri*
oua» Albany and Columbus ..•:!# a. m.
For tbs above points and Au
gusta and Savannah. Qa ....4:41 a &
ARRIVES.
From Savannah, Augusta. Ma
fia Dawson. Columbu/ Qa. a. as.
Rufaula. Troy, Andalusia, and
Uaioa Springs. Ala .1:41 ms.
ALL TRAINS DAILY.
For furthsr Information writs or apply to
Ooo. R. Wright. C. A.. 101-11 First National
Bank. W. M. Hays, C T. A. 104 Montgom
ery It, A T. Surat!. D. T. A.. Montgomery.
Ala.
BigG
It effMtlT. la treating
unnatural discharges:
p.lD l*St, DOD-polSODOUf
and will not stricture
Kellsvesla I to 6 da/s
MLB BT UBl'CUISTS.
Parcel Post If dMlr.d — Pnc tl. or S bottle! 13.75.
—»• -VAIS. CHFSuHlt4fi. CINCINTtATJ »
I Iniefnel BumitflfM Ruin YoilP J
:
Intonual Romedle. Ruin Your
Stonwch. Reach the .pot with
RELIEVES 1 TO 3 DAYS
$1.00 AT ALL DRUCC1STS
3 Mfc. W ACME CHEMICAL MFC. CO . Hew Oricau. U.
i imHH
iHnnaniMnnnnni
/
Official Quotations of th# Montgomery
Cotton Exchange aa baaed on actual trades
made yesterday, are given below. Where no
sales are actually scheduled the Quotations
are for the business transacted on the day
before:
Middling fair . 34.62
Strict Rood middling . 26.SO
Oood middling. 26.88
Strict middling,..,... 26.10
Middling . 26.00
Strict lew middling . 25.70
Uw middling -. 26.1|
Strict good ordinary . 20.00
' Good ordinary . 24.00
Sales officially r<*ported 14 bales.
Weather conditions throughout ths cotton
belt remain favorable In some sections while
still othfdrs will experience an Increase in
weevil damages unless the wet spell of the
last few days slacks up to a considerable
extent.
Futures -for the most active months on the
cotton market Thursday declined several
points; however, later in the day a rally of
some 25 points occurred. ,
Middling cotton was quoted at 26.00 on
the local Cotton market and 14 bales were
officially recorded as changing hands at
this quotation.
SPOT COTTON
UVEirOOL SPOT COTTON.
LIVERPOOL, Auk. Cotton apota
request. Price* uhchanged :
Sale* 6,00(1 bales, Including 2.100
lean; no receipt*.
American middling fair ..
Good middling ...*
Middling .. ...
Low middling . ....
Good ordinary ....
Ordinary ..... A>... .
Futures closed unchanged:
Avgust A.....
Heptember-OctOber *..
October-November ..
December-January .
January-February .
March-April ...
May-Jun* ..
^ The above are all fixed price*
in fair
Atner*
20.Old
9.25d
19.95d
19.50d
18.55d
18.05d
18.60
17.98
17.66
17.00
16.90
16.72
16.66
NEW ORLEANS SPOT COTTON.
NEW ORLEANS. LA., Aug. 6.—Spot cot
ton steady. 26 .point* up. Sales on the spot
462 bales; to Arrive 100' bale*
Good ordinary . 24.76
Strict good ordinary . 25.23
Low middling . 25.76
Strict low middling .. 26.12
Middling . 26.60
Strict middling . 26.69
Good middling . 26.87
Strict good middling .. 27.05
Receipts 174 bale*; stock 149,662.
NSW YORK SPOT COTTON.
NEW TORN, An(. *.—Spot cotton it..«y;
middling 27.80.
COTTON FUTURES
NEW YORK. Aug. 2.—Cotton futures
closed steady:
Opem
October 25.81
December .»••••• 26.70
Janaary . 26.72
MarM . 26.85
High. Low. Clone
26.15 26.65 26.07
25.92 26.42v 25.86
26.91 26.45 25.84
26.02s *26.60 26.95
May . 25.95 26.10 25.95, 26.08
NEW' ORLEANS. LA.. Aug. 6.—Cotton
futures closed steady at an advance of 28
to 21 point*:
Open. High. Low.
October . 24.77 26.05 24.54
December 24.86 25.10
January ••••••.• 24.92 2£l5
March . 25«08 25.21
May . 25.24 25.24
24.58
24.70
85
24
it
Clone.
24.88
24.91
25.00
25.14
25.26
Daily Cotton Market
Port
Movement.
| Re- I Ex- ISalea.IStock.
lc‘pt*.|portej I
New Orlean*, 26.60
Galveston, 27.20 ..
Mobile, 26.25 .
Savannah, 27.00 ..
Charleston, 26% •
Wilmington .... ’.
Texas City .
Norfolk. 26.75 ....
Baltimore .... • •.
Boston, 27.16 .
Philadelphia, 21.05
New York, 27.20 ..
Minor ports
174|...
1966112794
55|. ..
1584|...
4851-..
50
860
*642
10002
648
285
800
10
82
149663
76584
8937
61990
7214
46426
3787
59175
35304
9400
3813
69228
14118
Cotal today, receipts 6,615; exports 31.796;
ck 662,629.
Total for week, receipt# 33.923; exports
.498. __
Total for season, receipts 49,950; exports
77,490._
Interior
Movement.
I Re- IShlp- Sales. IStock.
(c’ptsf m’ts. , \
397
Houston, 27.50 1 1731| 2059
Memphis, 26.60 ....( 8781 8108
Augusta, 26.13 ••••! 2021 878
St. Louis .I 1958| 2218
Cincinnati .| 7^51 6241-....
Little Rock, 26.00 . .| 120| 4511 451
D*llaa. 26.80 .1.1.1 *091
Montgomeyr, 26.00 . |.1.1 14
3238| 19495
7601125800
16938
8058
16462
10551
Total today, receipt! 6,634; shipments 8.
838; stock 197,304.
LOUISVILLE LIVE STOCK.
LOUISVILLE, KY., Aug. 8.—Conditions
and quotations of market. Cattle market
quiet. Quotations as follows:
Prime to fancy export steers 11.50 012.50
Good to heavy shipping steers 6.00 011.60
Light shipping steers-. 7.60G 9.50
Good to choice butcher steers 9.00 010.00
Medium to good butcher steers 7.000 9.00
Good to choice fat heifers .. 8.00 0 9.26
Medium to good heifers. 6.50 0 4.00
Good to choice fat cows. 6.750 7.76
Medium to choice fat cows .. 6.750 6.76
Good to choice bull*.. 7.00 0 7.26
Medium to good bulls . 6.000 7.00
Good to choice oxen . 8.000 8.50
Medium to good oxen . 7.00 0 8.00
Good to choice veal calves .. 10.00 011.00
Medium to good veal calves 8.00O10.00
Good to choice feeder* . 8.00 0 8.50
Medium to good feeder#. 7.00 0 8.00
Good to chylce stocks heifers* 7.00 0 7.5U
Medium to good etock heifers 6.25 0 7.00
Good to choice milk cows .... 70.00 090.00
Medium to good milk cows .. 50.00070.00
Hog market steady to 10c higher. Quo
tations as follows:
Choice heavy hogs . 16.25
Choice packers and butchers. 16.25
Medium packers . 16.10
Light ahlppera .' 15.35
Choice pigs . 13.33
Light pigs . 12.10
Houghs and skips . 14.70
Lamb and sheep market steady. Quota
tions as follows:
Choice fat sheep . 7.50 0 8.00
Medium to good sheep . 3.00 0 4.00
Common to medium sheep .... 2.00 0 8.00
Bucks . 6.000 6.00
Choice Spring lambs . 13.25 013.50
Seconds . 9.000 9.75
Culls and tail ends . 7.00 0 7.66
N. O. COTTON
NEW ORLEANS, LA., Aug, 9.—Although
at times the local market was unsettled
today, cotton held its own well in the face
of disturbing rumors to the effect that the
Texas spot basis was weakening-. At one
time selling. stimulated by this talk, put
prices 4 to 6 points under yesterday's close,
but the decline was not maintained, and,
‘late in the day, when official reports
showed spots in the interior actually were
higher instead of lower. new strength was
taken on and the market went to the high
est levels of the day. The close was steady 1
a*d showed net ffains of 28 to 81 points.
\ The opening was at the advance and in
the early trading active months were S3 to
37 points up. Thlf Improvement attracted
considerable profit taking from the long
side and aiib considerable short selling bv
bearish traders who were encouraged by the
rumors of an easier spot situation. For a
while the rains In the eastern belt and the
drouth in the west, coupled with the fore
cast indicating little or no change for the
next 24 hours, held the market steady, but
finally It weakened.
In the afternoon high temperatures In
the western belt were a steadying Influence
as was ths rise of 25 points in spot quota
tions here. Later the full effect of favor
able spot Mwu was felt and the market
went to a not gain of 37 to 48 points,
SUGAR MARKET
NEW YORK, Aug. 9.—The advancing ten
dency of the raw sugar market was con
tinued today, a local refine.* buying 16,000 I
bags early In the day, September shipment. !
Cubes* at 6% cents, cost and freight. This!
sale was followed by a later one to refiners !
of 29,000 bags, Cubas, August-September
shipment «♦ »% cents, cost and freight,
equal to 7.77 for centrifugal. At the close
of the day .holders of Cubas had practically
withdrawn offerings and even at 6 44 cents
(here was said to be little available. On
he basis of spot sales centrifugal at the
close was quated 7.65 07.77. Molasses 6.77
0 6.89, and cost and freight 644 06.%. Late
sales were 1,900 bags San Domingo afloat
6 % cents c. 1. f.
Refined sugar was firm. One refiner still
----7-S
listed fine granulated at 8.48r Sut another
Hated at 1.40, but another listed fine gran*
ulated up to 1.15, while others practically
were 'Withdrawn from the market. * There
were order# in the market for granulated
for export at 8 cents for October shipment,
which were said to have beenr refused. The
market for sugar futures were irregular,
and after opening unchanged to an advance
of 6 points, dropped sharply, led by Septem
ber, under realising. Recoveries followed,
and the market advanced to new high levels*
on the strength of raws, September selling
up to 8.64. The market closed T points net
higher, to S lower. Sales. 19,150 tons. Sep
tember sold from 8.40 to (.54 and closed
(.48; December from 6.79 to 6.88, closing
5.78; January from 6.29 to^. 6.84,. closing
6.29 and March at 6.10, closing JL08.
COTTON PRICES ON
GOTHAM EXCHANGE
INCLINE UPWARD
NEW YORK, Auf. 9 —While there were
wide fluctuation* In the cotton market to
day, the more general tendency of prices
was upward, with October advancing from
26.96 to 29.15 in the late trading, and clos
ing at 29.07. The general list closed steady
at a net advance of 30 to 60 points.
The opening was 17 to 28 points higher
and the more active positions sold 39 to 39
points net higher right after the call on
covering. Yesterday's sellers were evidently
disappointed by the weather map, which
failed to show expected rains In the south- i
west. The more urgent demand was soon
supplied, however, and the market turned
easier on reports that new crop cotton was
being offered more freely In the South.
October sold off from 25.95 to 25.65 and
January from 26.82 to 25.45 during the mid
dle of the day, but at this level offerings
In their turn subsided, and the market
firmed up again on covering and renewed '
support. The larger exports appeared to !
emphasize the strength of the Immediate |
spot situation and the late advance was
led by near months with October selling 58 I
points net higher compared with net gains ;
of 22 ‘to 48 points on later deliveries, j
December sold at 25.92 and January at j
25.91. Closing prices were a few points off ;
from ths best under realizing.
SHEPARD & GLUCK
(Ot«* Shepard A Olnek'a Private wire.)
NEW ORLEANS, LA., AUf. 9.—The tot
ton markot held its own very well today
in the face of persistent talk of' a weaken
ing In the basis of today’s spots. The ten
dency to sell on bulges increased and there
was not the snap which has marked tho
trading of late. Ourlrur the greater part
of the session prices were at afgmall net f
advance. Spots were marked up 25 points
to 29.50 for middling.
In the early trading buying was encour
aged by the rains In the eastern belt con
tinued. Today’s and tonight’s telegrams
telling of largo lots of spots having been
sold overnight at high prices. Waco wired
in that a lot of 1,000 bales sold there at a
price equivalent to 27% middlnlg. This cot
ton was sold for October delivery.v Before
the session was ytry old the market showed
net gains of 23 lb 37 points.*.
Repeated claims that the Increased move
ment of the crop in the West, which weak
ened the basis, made their appearance soon
arter the opening And became ao numerous
that they finally had their effect un the
market sold off to ‘a net decline of 4 to 6
point# on the most active months. The de
I cllne was not easy to maintain, the mar
ket showing strength of Its own and recov
ering to an advance of 15 to 20 points tho
remaining at a moderate net gain until late
in the day.
CORN STEADY WITH
WHEAT UNSETTLED
AT CLOSE OF ’CHANGE
CHICAGO, Aug. 9.—Notwithstanding that
at first today the final passage of the food
control bill did not affect* grain values,
weakness developed later owing largely to a
falling off In demand from distillers upon
whom the new measure had placed restric
tions forbidding the manufactuer of alco
holic beverages. Corn, steady at the cioae,
was % to 1 cent net lower. Wheat finished
unsettled, 3 cents down. The outcome In
oats ranged from % cent decline to % cent
advance. Provisions wound up unchanged to
25 cents higher.
Instead of the food control bill, the gov
ernment crop report formed the dominat
ing Influence at the outset In the corn mar
ket.
Wheat, like corn, showed an early ad
vance, had a subsequent material setback.
The Initial strength was ascribed to dis
appointment over the cutting down of tho
government estimate of the probable domes
tic yield of wheat this season.
Relative firmness of oats appeared to be
due mainly to wet weather,, which delayed
threshing.
Provisions soared to new high price
records for the season but receded later on
account of realizing sales by holders.
Cash,grain and provisions ranged as fol
lows today:
Wheat
Sept . 2.*7% 2.27% 2.21 2.22
Deo. . 1.17% 1.13% 1.19% lll9%
May . 1.14% 1.15% 1.13% 1.13%
oats—
Sept .59% .90% .99% .99%
Dec.69% .69% .58% .62%
Pork
Sept .. 42.75 42.50 42.10
Lard—
Sept . 22.46 22.62 22.46 22.50
Oct. 22.90 22.77 22.55 22.92
Ribs—
Sept. 21.00 23.30 22.90 29.17
Oct. 22.77 22.95 22.72 22.80
Provisions ranged as follows today: *
Cash wheat No. 2 zed .... 2.45 © 2.40
No. S red . 2.41 89 2.42
No. 2 hard. 2.60
No. 2 hard, nominal.
Corn. No. 2 yellow . 2.2« # 2.20
No. t yellow . 2.22
No. 4 yellow, nominal.
Oata, No. 3 white . '.70 %© .72%
Standard .72% © .78
Rye. No. 2, nominal.
No. 3 . 1.01
Barley . 1.30 © 1.50
Timothy . 5.00 89 8.50
Clover . 12.00 ©17.00
Pork . 42.90
Lard . 22.20 ©22.40
Ribs . 22.92 ©23.42
-a
LIVESTOCK MARKETS
KANSAS CITY LIVE STOCK.
KANSAS CITY, Aug. 0.—Hogs, receipts 4,
£00; 5© 10 cents higher.
Bulk . 15.50© 19.60
Heavy . 19.10©16.70
Packers and butchere . 15.50© 15.70
Light . 15.50 © 16.35
Pigs .. 12.00© 14.00
Cattle, receipts 6,400, Including 200 South
erns; strong to 10 cents higher. ,
Prime fed steers . 13.00©14.00
Dressed beef steers . 10.00© 12.50
Western steers . 8.50© 13.30
Southern steers . 7.00© 11.00
Cows . 3 90 ©10.00
Heifers . 7.00 ©12.50
Stockers and feeders . 9.60©11.60
Bulla . 9.00 7.60
Calves . 9.00© 11.50
Sheep, receipts 2,000; strong to 25 cents
higher.
Lambs . 13.50©14.50
Yearlings. 9.00©11.00
Wethers . t.50©10.00
Ewes . 8.00© 9.60
Stockers and feeders . 9.00©14.60
8T. LOUIS LIVE STOCK.
^ST. LOU IS J Aug. Hogs. receipts 8.600;
6® 10 cents higher.
Lights . 16.20® 16.60
Pig* .10.60016.00
Mixed and butchers .. 16.20® 16.70
Good heavy . 16.70®lS.7o
Bulk . 16.20^16.70
Cattle, receipts 8.000; strong.
Native beef steers ... 7.60® 13.50
Yearling steers & heifers .... 8.50® 13.60
Cows . 6.00® 0.50
Stockers and feeders . 6.00® 3.00
' Texas quarantine steers . 6.60® 9.50
Prime Southern beef steers .. 6.00® 11.25
Beef cows and heifers . 4.25® 9.00
Prime yearling steers St heifers 7.50® 10.00
| Calves . 6.00® 12.50
Sheep, receipts 8,600; market sheep steady.
Lambs 26® 50 cents higher.
Lambs . 10.60® 14.23
Ewes . 8.00® 8.50
Cannars . 4.00® 4.50
Choppers . 1.00® 6.60
CHICAGO LIVE STOCK.
CHICAGO, Aug. 9.—Hogs, receipts 17.000;
strong 18 to 20 cents abova yesterdays
average.
Bulk . 16.80® 16.65
Light . 15.50® 16.70
Mixed . 15.85® 16.76
Heavy . 15.10® 16.60
(New high pries record).
Rough .;. 16.10® 15.35
Pigs . 11.26® 14.00
Cattle, receipts 2,000; firm.
Native beef cattle . 7.90® 14.25
Western steers . 7.00® 12.26
Stockers and feeders . 6.80® 9.25
Cows and heifers . 6.40® 12.00
Calves . 6.75® 12.50
Sheep, receipts 7,000; strong.
Wethers ..‘. 7.60(910.80
Ewes .'. 0.60® 9.25
Lambs ... ........ liHUUi
. V. *
unsettlement ON
STOCK MARKET IS
FEATURE THURSDAY
NEW TORK, Au*. 9.—Wall street tooV
I ’ *lew today of tha price control
situation, but professionals pressed theii
I advantage tentatively through rallies of 1
I to~,* *oll|t*» ruled at the close.
I There were Signs of substantial support
! In war Issues and steels during the oc
i casional intefbals of unettlement. but cer
tain equipments and the motors were again
| under a oloud. •
I Shippings and rails, especially the former,
| were conspicuous for their strength at all
times and tobaccos continued their rise
under auspices of pools. Other strong and
active specialties included Industrial Alco
hol, United States Rubber, sugars and a few
utilities. Sales amounted to 550,000 shares.
Call money advanced to 4 per cent with
* concurrent •Uffenlng of time loans.
Foreign exchange retained its irregular
characteristics, .remittances to Paris harden
ing slightly while llres suffered another de
cline. ,*
An ^regular tone prevailed in the narrow
bond market. Liberty 3Vfcs were quoted at
09.64 to 19.00. Total sales, par value, mg~
gregaied IS,200,000.
United States coupons and registered <s
rose % per *nt on call.
CLOSING STOCK LIST
Stocks:—
bales ln|Hlf h.jLow.lCloea.
hundrcdsl I I
Amer. Beet Sugar ....
American' [Can ..
Amer. Car A Focn. ...
Amer. Locomotive .s.
II 85%| »4%| »6%
1«| 48 | 47 % | 47%
5| 78 | 78 | 78
82| 70%) 68%| 7»%
Amer. Smelting . 151102 |101%|102
American- Sugar
Amer. Tel. * Tel.
Anaconda Copper
S0|132%|121%|122%
4|ll6% |ll9%
641 76 %| 76%
Atchison . 101 99%| 99%
Atlantic Coaet Line
A.. Cl. A W.'l. s. 8. I.
Baldwin Locomotive .
Baltimore A Ohio
Bethlehem Steel "B"
1I110%|110%
91106 | 104
90| 72
121 69%
4711117%
Canadian Pacino . 11169%
10!f
I.
92%
61
Central Leather
Chesapeake A Ohio .
xChr., A Great Weat’n
Chi., Mil. A St. Paul
Chi.. R. I. A P. W. 1.
Colo. Fuel A Iron ...
Corn Product* .
Crucible Steel . 1681 82%
Cuba Can* tSugar .... 25| 39%
Erie . 19| 25%
xGeneral Electric. I.
General Motors .1691118% |IJ0%
A 68%
17| 34%
2| 49
70| 31%
70%
69%
116%
160%
90%
60%
68%
88%
49
83%
80%
38%
24%
9|105%|106
9j 34 | 13^
I
27| 66 | 66%
98| 29%| 28%
2371 91 %| 88%
Great North, pfd
Great Nor. Or* ctfa
xllllnols Central ..
Inspiration Copper .
I n t. Mer. Marine
Int. Mer. Mar. pfd
Ihterna. Nlcke 1. 15| 89%| 89%
xlnterna. Paper ...... |
Kan. City Southern- .. 8| 21%| 21%
Kennecott Oopper .... 12[ 43 % I 42 %
Louis. A Nash. 1 126 |126
Maxwell Motors . 871 33%l 30%
Mexican Petroleum ... 21| 95%I 95
Midvale Steel. 22| 68%l 67%
Missouri Pacino . 691 88%
xNatlonal Lead . I.....
Nevada Consol. 22 22%
New Tork Central
N. Y„ N. H. A Hart.
xNortolk A Western ..
Northern Pacino .
Ohio Cities Gag.
Pennsylvania .
Ray Conaol. Copper ..
Reading .
Rep. Iron A Steel ....
Seaboard Air Line ..
xSeaboard. A. L. pfd ..
Sinclair Oil A Refln. ..
xStoss-Shef. 8. A I. ..
Southern Pacific ....
Southern Railway ....
Southern Ry. pfd ....
Studebaker Corp.
Tennessee Copper
31 88%
A 36
9
15
25
128
1 102
29 66%
62%
37%
94%
90%
61 12%
141 42%
I.
18| 95
80| 28%
101 58
661 64%
161 18
23%
23%
88%
36
101
66
62%
26%
94%
89%
12
42%
94%
88%
57
63%
17%
Texas Co. 101189% 1188%
Union Pacific . 81137
xllnlted Fruit . I.
U. SL Ind. Alcohol 661164%
U. 8. Rubber . 1041 63%
U. S. Steel .14401124%
U. S. Steel pfd. 41118
Utahc Copper . 171104%
Va.-Caro. Cham.
iVa. Coal A Coke .
Wabash pfd "A" ...,
(Western Union .. -
Westtnghouse Elec.
Pittsburg Coal ctfe
31 40%
I.
H 49%
91 48%
211 66%
136%
161%
60%
119%
76%
99%
110%
105%
71%
69%
117%
160%
92%
60%
10%
68%
83%
49
33%
81%
38%
25'
164%?
112%
105
33%
102
66%
29%
90%
39%
34%
21%
43'
126
90%
95%
58
33%
64%
.22%
38%
86
12L
102
66
63%
37%
94%
90%
13%
28
42%
68
94%
28%
68
63%
17%
189%
186%
134
164
63%
122% 124%
117 % Ills
103 %1104 4A
.40%
49%
43%
55%
40%
69
49%
98%
48%
“A
Total salea for the day 643,600 shares.
*•—Bid.
NEW YORK BONDS
[J. 8. 2s registered ...
LT. S. 2s coupon .
U. S. 8s registered ...
J. 8. 8s coupon ...
LT. S. 4s registered ..
J. 8. 4s coupon .
Panama 3s coupon .
\merlcan Agricultural deb. 6s .
American Cotton Oil 6s ...
\merlcan Tel. A Tel. clt. 6s .
\nglo-French 6s ...
ttchlson gen. 4s .
Atlantic Coast 1st 4s .’....
Baltimore & Ohio cv. 4%s ..
Central of Georgia consol. 6s .......
Central Leather 5s ..
Chesapeake & Ohio cv. 5s .
Chicago, B. A Quincy Joint 4s.
Chicago, Mil. & St. Paul cvr 4Hs ....
Chicago, R. I. & Pac. Ry. rtf. 4s ....
Colorado A Southern ref. 4%».
Denver A Rio Grande ref. 6s.
Dominion of Canada 6s (1931) ....
Erie gen. 4s....
Illinois Central ref. 4s..
Int. Mer. Marine 6s .
Kansas City Southern ref. Is .%
Liggett A Myers 6s...
Lorillard 6s ...
Louisville A Nashville un. 4s ..
Missouri, Kansas A Texas 1st 4s ....
Missouri Pacific gen. 4s ...
Ne*w York Central deb. fs ..
Norfolk A Western consol. 4s ....
Northern Pacific 4s ..
Pennsylvania consol. 4%» ..
Pennsylvania gen. 4%e .
Reading gen. 4s ...
Republic Iron & Steel 5s (1940) ....
St. Louis & San Fran. adj. 6s.
St. Louis &• Southwestern 1st .
Seaboard Air Line adj. 6s .
Southern Bell Telephone 6s ........
Southern Pacific cv. 6s ...
Southern Railway 6s ..
Southern Railway gen. 4s .
rex&s Company cv. 6s ..
rexas & Pacific 1st...
L’nion Pacific 4s ..
Lr. S. Steel 5s . r.
I’lrginla-Carolina Chemical 6«.
Wabash lsts ...
Western Union 4^1 ...
»6%b!
96%b
99
99 b
105 %b
105 ‘A b
86 b
99
92 b
97% ,
93% I
88% j
87%
86%
97
98%
86%
96
87 b
70
78 b
68 b
95%
60 ,
8l%b
94
82%b
99%
190
90 «
99%b
40
102%
97%
87
100 %b
84 b
90%
100%b
85%
70
68%
38 %b
38%
97%
66%b
102 %b
15 b
91%
104
97%
100
92%b
COFFEE MARKET
NEW TORK, Aug. 3.—The msrket for eof
'ee future* was very quiet again today.
Mo further switching was rsported, but
ihere was Scattering near month liquida
tion. aleo a Itttl* local selling of later
non tbs which seemed to be encouraged by
sasler cables from Brail!. The opening
a-as dull at a decline of 9 to 6 points and
the market closed at a net loss of 9 to 10
points with December selling off to T.94.
Last prices were the lowest of the day.
Sales 9.000 bags. Closing:
August . 7.76
September . 7.10
October . 7.84
November .. ........ 7.88
December . 7.82
January . 7.82
February . 8.04
March. 80»
April . 8.14
May . 818
June . 8.25
July . *.88
Spot coffee dull: Rio 7s. 8%c; Santos 4s
10 %c. A fair Bupply of offers was reported
In the cost and freight market, especially
In til* cas eof Rio s. Quotations for Santos
4s ranged from 9.60 to 9.76 and for'Rlo 7s
trom 8.50 to 8.80, London credits.
The official cables showsd a decline of
100 rets In the Santos spot market, while
RIO was 150 rels lower. Receipts at the
two ports 72.00# bags; Jundlahy receipts
62.000 bags. Fin* weather wa* reported In
all districts of Bao Paulo with seasonable
lamlikrRtUrOII.
BIRMINGHAM UVK* STOCK HtUIT.
* \ (Union Stock Yard*.)
y Fad Stear*
Good to cbolco . I e |
Medium to food .• ■ ■ • • 7 O (
Utuo Cottle. According to Weight. Quality
aad Fleeh.
Bteeeo .
Fat cowe .
Medium cowe .
Cuttere .
Conner! .
Heavy bulle ..
Light bulle .
Oxen ...
Fat yeerllnge .
Medium yeerllnge .
Veolere .. .
Hogg.
Choice corn fed boge, 105 A up
Choice corn fed bogs, lit to lit
Choice corn fed hoga. >0 to 111
Light plge. »0 pounde down .....
Beet heavy rough boge .’
Molt fat rough hoge .........
Soft and oily boge from 1«
Bound loee than above prlcee.
• HO •
•MO •
*91
• MO •
• O (M
•MO 1M
•MO «H
•MO 7*
•MO 7%
• MO «M
• O *
14 OK
1114014
11 Ollli
10 011
11 OKI*
1* Oil
K *e pee
PRODUCE BUSINESS
DULL ON THURSDAY
Buslnesj amoojK ths local wholesale pro
duce dealers on Thursday was rather quiet,
there belni only one car, potatoes, received
on market row durtnf the day. Business
remains food while anj Increase of |l Is
noted fot lomons.
On Thursday Nathan Befall receipts# for
shipments of California fruit while M? P.
Wllco* unloaded' larfe shipments of Spanish
onions, cheese and dried apples. Haas*
Phillips Produce Company received a car of
potatoes and a shipment of tomatoes.
Quotations are as follows:
•OootmtloB. an FraU «>d mUwHmcM
kr m. f. wiiooxi
Apple.—Extra fancy Wlnaaaps 11.71:
fancy R.d Streak 15.16.
Lamona—Eitr* fancy Vardalll, ((Fa 11.01;
Fancy v.rd.lll Sit'* 17.1*.
Potato.s-r-Fancy Virginia Cobblara, Rad
Star Brand, full w.tgbt In barrala M.tt;
fancy California Burbank, in aackau par
buabal IS. *
Orange*—Extra Fancy Sunklat Brand, all
sixes 94.50.
Grapefruit—Fancy, plan 14-44-14-fi |t.!l.
Tangerines—Assorted alaea ll.tl.
Canadian Rutabataa—Cbolc. aalaetad atock
apck.r, par cwt., IS.tt.
Cabbjii*—Kentucky cabbage, freak grata
atock, por crato 12.00.
Lima Boana—Now California, lto' IK '
Faaa—H*w California, black*.pa. To lb.
Onloaa—fancy Califo'rnla Bermudan, por
cwt., I4.lt; fatacy California Rad, por cwt.,
14.00.
Bananaa—ft.lt and t!.tt bunch, aa to ala*.
Almorla Orapoa—Extra fancy, heavy
weight. Il.it; fancy, heavyweight. »4.04;
No. 1 heavyweight ti.lt.
CoCoanuto—Big Money Brand, lib to rank,
average weight, 17S lba. Il.it.
Pon'try and Fgga,
Egg*—Frnah, 40c a doaan.
Chicken*—Hana, 40c; fryeraL it to lie.
Duck*—it to tt cent*. r ,
. Turkey*—Uvo, tto pound.
Staple and Fancy Oraaarioo.
Sugar—Granulate^, Ike; fancy T. CL, la
pound.
Meal—Roller, tt lba, ll.lt; Water Ground
11.15.
Coffee—Roasted, II to lie; . ,o. I can Itc
to II. *0; Prime ItOltc; Fancy 2O0iSo;
Peabarry, 20c; Arbuckla’a, 111.25 per caao;
Montgomery baala Moch and Java Bland.
260120.
Extract*—Vanilla ft; Demon, otc„ |T per
gallon. '
Molaaaea—Sugar Honaa, tlo; Prime Cen
trifugal, SOOSio; Corn Syrup, 24015c; Geor
gia Cana, II to 4t conta
Vinegar—Distilled, In half barrala lie:
White Win* stock. In barrela 16o; Pure
Applo, .In half barrala/Ho gallon.
Rica—7o pound. I
Dried Frulta—Fancy Poachea IS lb. boxaa
I Vic lb.; California Prunaa SI lb. boxaa I £
to 11c; Applca 11 oa cartona 7V4c lb.
MONTGOMERY MARKET
FOR FARM PROPUCTS
•—•—
laaued and corrected dally by authority
of tho Chamber of Commerce,
Tho prlcea quoted are baaed oa cloee of
the markot for thla date and are the prlcea
the producer will be paid by Montgomery
buret e for producta In wholesale quantities.
• Grata. .
Alabama ohelled corn la bulk ..
Ear corn, car lota, por toa ..............
Wheat ....
Onto ..
Cottonaeed per ton, ear lota II.H
PeanuU, per- pound . .It
Velvet beano, por t»e^....A. flat
Hay la quotod In car lota aa follewa:
Alfalfa, choice. ii.gg.
no. i . 29,00
No. l . it.ee
Johnton No. 1 ...a. 11.00
No. i ..a ie.ee
A-l Ribbon cano ayrup ..
No. 1 Ribbon cano ayrup .. .41
No. 1 Sorchum ayrup ..
There prlcee are baaed on delivery In
Montcomery. All ayrup .to be put In new.
Iron-hooped crpreap half barrqla AH ayrup
offered at there prlcea will be purehaaed.
Poultry and Ena.
Freeh acre, guinea and duck egga, out,
27o per doaen, caaea Included. Beta to Bo
la new caaea 11 In aecond hand caaea 01
orange cratea H cent a doaen-lean .
Small fryera per pound .11
Large fryera, per pound .. ,i|
Hena per pound .. %
Kooatera each .A..
Montgomery prlcea for milk and butter
are regulated by tho Elgin markot. Mllh
and cream are bought by weight on a pound
baala governed by butter fat.
Cream .Illi
Milk...
The price of milk la ohanced ovary Satur
day and becomoe effective 8unday. -
--- 4
CHICAGO PRODUCE.
CHICAGO, Aug. 9.—Butter firm; cream
ery SSMOUe
Eggs, racelpta 15,197 caaea; unchanged.
Potatoea higher; recelpta 15 cara; Vir
ginia barrela 95.25095.50; Minnesota, bulk,
Ohlo'a 91.50091.90; home grown 91.500
91.90.
<.SV'■; y
Which has drawn so many suceess
».:f ful. business irfen to "the Fourth”
i te mainly the fact of its willingiysss
• ' to help. * - • f
■ * * ' ■ ■- ’ "s j
Here you get safety with service ^
and a constant interest in your
» welfare.'
The Fourth
>
National Bank
»
Shepard & Gluck
'117 Bibb St.. Montfo mery. Ala. Phone 171T.
Cotton, cotton seed oil. Stocks. Grain and Provisions. Member* New'
Orleans Cotton Exchange, and Chicago Board of Trade/
CntM. Mdeata. „
, ' / ■. W. Warner and Co..New fork and Chicago. ■>. ■
J I . ■. < Correspondence Solicited. ,‘V ’
<■ " C. C. DeLany, Maiiager
Commercial Printing
CATALOGS ' BOOKLETS FOLDERS
RULING BINDING DESIGNING
t. Bert Quality Always
, Prompt Service v .
. Reasonable Prices
A PHONE CALL WILL BRING OUR *
REPRESENTATIVE PROMPTLY \
BROWN PRINTING COMPANY
- Phone B67
NAVAL STORES *<
. SAVANNAH, OA.. Aug. 9.—-Turpentine
firm, 87%; Bales 245; receipts SIS; ship
ments, 8; stock S1,S70.
Rosin firm; saleiu 1,027; receipts 1,171;
shipments 42; stock^O.OoO. Quote: B D E
6.1006.15; F 5.15; O H 5.1505.20; I 5.15®
6.22%; K 5.2605.27)4; M 6.<0®5.75; N 1.25
05.40; WO t.70®5.75; WW 5.S0O7.06.
MONEY MARKET
NEW YORK, Aug. 0.—Mercantile paper
4%. Sterling 50 day bills 4.72; commercial!
50 day bills on banks 4.71)4; commercial!
60 day bills ..71%; demand 4.75 9-16; cables
4.76 7-16. Francs, demand 5.77%; cables!
6.76%. Guilders, demand 42; cables 42%.!
Litres, demand 7.29; cables 7.38. Rubles, |
demand 21.35; cables 21.2£
Bar Stiver 82%. .
Mexican dollars 64%.'
Government bonds strong; railroad bonds !
strong.
Time loans firm; 60 days S%®4; 90 days
4®4%; 6 months 4%®5.
RICE MARKET
N$W ORLEANS, LA- Aug. 9.—Rough
and clean rice continued strong today. Re
celpts: Rough, 1,011 sacks; clean, 4.7*5
pockets. Bales: Rough Honduras. *,*71
■acka; Carolina, 7* aacka at 707.10; clean
Honduraa, 520'pockets; Japan (51 pockets,'
Quote: Cj}ean Japan *1404%; Blue Rose.
0HO7K; other unchanged.
COTTON SEED OIL
■ " '« ■ f
NEW TORK. Aug. I.—The cottonseed oil
market closed easy:
Spot ... 14.1* hid.
AuguJt ■.. 18.00 bid.
September . 18.80O16.il
November . 16.47 016.60
December ... 16.00016.0*
January .. ....<. 14.91014.99
February _.. .:.... 14.09016.08
March ...%. 16.00016.15
Total saiga *7,000 barrels,
DRY GOODS MARKET
; NEW' TORK, Aug. 9.-s-Gotton goods were
Tlrm; wide ‘sheetings advanced to a basla
of 65 cents for 10-4 goods and bleached
cottoas are tending hlgbw. The govern
ment Is buying large quantities of duck and
ether cottons and also of wool goods. Men’s
wear was firm; buying moderate, burlaps
higher. ‘
To Our Customers
Full consideration for the good interest our patrons has always
been a part of our policy.
You know sugar and other products necessary in making soft
drinks have advanced. We wish 'to avoid charging our customers
an advanced price, if possible, and we can only hope to do this by
reducing to a minimum our bottle losses. To accomplish this it
appears necessary to require a deposit of ^0 cents per case on all
deliveries hereafter made. • ' . •
. At the same time, we are pleased to accord our customers con
sideration in that we will loan to them a fair proportion of the cases
and bottles they have on hand without deposit.
Take care of these loaned bottles and cases and it will not be
necessary for you to put up a deposit unless deliveries to you are
more than you have empties to exchange. .
On all cases of bottles' against which you have paid a deposit,
we will refund the 30 cents paid upon return of such cases full of
our bottles. In some markets wt find merchants charge their.ous
tomers 5 cents deposit on bottles carried away from their store.
This fully protects the merchant against loss. This deposit repre
sents only about half of the original cost, arid in no instanc! is it to
be regarded as a sale of the bottles and cases.
In The Future All Deliveries Will
Be Cash At The Time of Sale.
Chero-Cola Bottling Co.
Lime-Cola Bottling Works
Capitol City Bottling Co.
i