The Birmingham age-herald. [volume], May 21, 1902, Page 7, Image 7

About The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950

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STOCK PRICES
SCOREDRECOVERV
There Was a More Cheerful
Feeling Prevalent
LONDON WAS A BUYER
There Was Not Much News On Which
to Base the Rise—Bonds Were
Dull, But About
Steady.
New York. May 20.-Prices of stocks
scored quite a substantial recovery today
ard ended the day practically near the
top level and steady. There was a much
more cheerftil feeling with regard to
the outlook for values and none of the
rather urgent pressure to sell which was
a feature. The sharp and sudden declines
among high priced but seldom active
stocks gave place to equally sudden recov
eries. International power recovered 5
points of its 18 point break of yesterday
and there were gains scored by the elec
tric and express stocks which were nota
ble sufferers yesterday. There w‘as not
much news on which to base the rise.
Sentiment was favorably affected by the
large absorption of United States steel
at rising prices. This soothed the anxie
ties which were caused by yesterday's
rumors that a formidable bear party had
been formed in the stock as an outgrowth
of the criticism of the stock conversion
and bond issue plan. The notable strength
of Canadian Pacific and Its subsidiary
roads also had a notable sympathetic ef
fect on the market. The movement began
abroad before the opening here and w’as
not explained by any specific news. Lon
don was a buyer on a considerable scale
after the holiday there, and confident pre
dictions were heard that peace would be
declared at an early day In South Africa.
The formal announcement of the terms
for the taking over jointly by Louisville
and Nashville and the Southern Railway
of the Chicago, Indianapolis and Louis
ville stock In return for 4 per cent bonds,
were cheerfully reflected In the price of
Louisville. The term of exchange for the
stock of 78 for the common and 90 for
the preferred to some recession in their
prices, as the joint bonds, Judged by
precendent of the Burlington exchange
bonds, are not likely to command a full
par value. The presence in Wall street
districts of Secretary Easley of the Civic
Federation and his consultation with im
portant representatives of the anthra
cite interests, gave rise of conjectures
that measures were in progress for the
settlement of the miners’ strike. Wall
street opinion remains confident that a
settlement lies within reach at almost
at any time. There W’as also much less
apprehension today of a spread of the
labor trouble into the bituminous coal
fields, which was considered a formida
ble prospect yesterday. The buying of
stock by London -vas a factor in the
easier tone of foreign exchange which re
lieved the feeling yesterday that a
prompt return of exchange to the gold
export level is to folow the relaxation of
money rates. Sugar was helped by the
reports of an agreement upon a Cuban
reciprocity measure and Amalgamated
copper wras firm Qn the better conditions
reported in the copper trade. The mar
ket closed quiet and steady.
Bonds were dull but were about steady.
Total sales, par value, $2,419,000. United
States refunding 2s and new’ 4s were %
per cent lower on the last call.
New York Stock Market,
lij Private Wire to Murphy A CtK
" •» 5 r
r I'h’!\S - 5 r
= | S k
American Car . 29% 29% 29% 29%
Atchison .78% 78% 78% 78%
Atchison, pfd.97% 97% 97% 97%
Amer. Sugar Refining. 127% 127% 127% 128%
Am?r. Locomotive. .. 30% 30% 30% 30%
Brook. Rapid Transit. 65% 66 65% 66
Chesapeake & Ohio... 46 46% 46 46%
Copper. 68 68% 67% 68%
Colorado Fuel .... ... 97 98 95% 98
Brie .86% 36% 36 32%
Loulsv. & Nashv.137% 141 137% 140%
Manhattan L.131% 131% 131% 131%
Missouri Pacific .98% 98% 98 98%
Metropolitan St. Ry...148 148 1 48 1 48
Norfolk & Western .. 56 66% 56 66%
New York Central.155 1 55% 155 155%
Pennsylvania .148 149% 148 149%
People's Gas ..'...101% 101% 101% 101%
Republic Steel .17% 17% 17% 17%
Republic Steel pfd.73% 73% 73% 72%
Reading .61% 62% 61% 62%
Rock Island .170% 171 170 170%
Southern Pacific . 63% 64% 6376 64%
Southern Ry.36% 36% 36% 36%
Southern Ry. pfd .... 94% 94% 94% 94%
St. Paul .1G674 168 166% 168
Texas & Pacific. 39% 40% 39% 40%
Tenn. Coal and Iron.. 6276 63% 62% 63%
U. S. Steel .39% 40% 39% 40%
U. S. Steel pfd . 90 90% 90 90%
Union Pacific .103% 104% 103% 103%
U. S. Leather .13 13% 13 13%
Wabash pfd . 43 44% 43 43%
Western Union.89% 90 89% 90
Baltimore and Ohio ..105% 106 105% 106
Illinois Central .151% 151% 151% 151%
Bonds.
United States 2s, registered. 109
United States 2s, coupon... 109
United States 3s. registered .. 108
United States 3s, eoupor) . 108
United States 4s, registered. 137
United States 4s, coupon . 187
United States old 4s, registered. Ill
United States old 4s, coupon. Ill
United States 5s, registered . 105%
United States 5s, coupon . 105%
Wisconsin Central. 93
Financial.
New York, May 20—Commercial-Adver
tiser's London* financial cablegram:
There was a thin attendance at the ex.
change today and a waiting attitude In
the absence of any definite peace news.
There was a sudden animation at 4
o'clock, however, on a rumor that Mr.
Balfour had been summoned to the king
with an important dispatch. Later there
was a rumor, which was generally cred
ited that there had been a ballot favor
able to peace and that the delegates
had gone to Pretoria. Kaffirs were buoy
C0THRAN & C0.~
Members of Chicago Board of Trade and
New Orleans Cotton Exchange.
Rooms 1 and 2 Alabama National Bank
Building.
Private leased wires to New York. New
Orleans and Chicago.
COTTON, STOCKS AND GRAIN.
All purchases and sales are made direct
on the exchange for which the order is
given.
Correspondents—J. 1 r- Parker & Co., c.
w. Lee & Co.. Purnell. Hagoman & c0
New York; Fairchild & Hobson. New Or
leans; Ware & Leland. Chicago.
Reference—First National bank of Bir
mingham, First National Bank of Rome.
Ga.
TELEPHONE NO. 1145.
Special attention given to orders over
telephone and orders sent from out of the I
city. s. 1
MURPHY & GO.
(Incorporated.)
ALABAMA NATIONAL BANK B'LD'fl
Private Leaned Wires Direct to New
York, New Orleans and Chleaga.
COTTON, STOCKS GRAIN.
NEW YORK OFFICE—MO. 61 BROADWAY.
Ofllca* in principal clttaa throughout th®
* South.
Writ® for our Market Manual and book
containing Instruction® for tradara.
Phrm® No. 841.
* ' - "" - —
John M. Caldwell. George B. Ward.
CALDWELL & WARD
BANKERS and BROKERS.
2016 First Avenue.
High-grade Investment securities a
specialty.
$50,000 TO LEND
-3 TO 10 YEARS
On Central Business Property at 5
per cent to 6 per cent.
On Choice Residences at 5^ to 6lA
per cent.
H. F. WILSON S CO.,
200j First Avenue,
OTTO MARX & GO.
BANKERS AND BROKERS,
Monev : aned on Real Estate at 5 and
6 Per Cent
2028 First Avenue.
MALONE
REAL ESTATE & INSURANCE CO.
BIRMINGHAM, ALA.
Loans promptly made on real estate
security. Long time payment and
lowest rate. Unsurpaseed facilities.
Correspondence Invited.
MORTGAGE LOANS
Place your mortgage loans direct
with the United States Mortgage and
Trust Co. of New York. Capital, sur
plus and undivided profits over $5,000,
COO. Interest rate the lowest.
C. GAZZAM. AGENT.
Room 16, Challfoux Bldg.
ant on the strikes. Rands spurting from
12 516 to 12% and other South African
shares proportionately. Consols were
fractionally harder but closed before the
rumor was circulated. Americans were
stagnant and dealings were bo restricted
that thirty shares of Erie v*ere bid up
a half point In a half-hearted effort In the
afternoon to harden prices.
Money on Call.
New York, May 20.—Money on call
steady at 3%@4% per cent; closing bid and
asked 3%lS4 per cent. Prime mercantile
paper 4I/i(S'5 per cent; sterling exchange
weak yylth actual business In bankers
bills at 4.87%@4.87% for demand and at
4.84%@4.84% for 60 days: posted rates 4 85%
@4.88; commercial bills 4.83%@4.84%; bar
silver 51%. Mexican dollars 41%. Govern
ment bonds easy; state bonds Inactive;
railroad bonds steady.
Treasury Statement.
Washington, May 20.—Today’s treasury
balances exclusive of the gold reserve
Bhow: Available cash balances $186,594,825;
gold $95,835,048.
Clearings and Exchanges.
Boston. May 20.—Exchanges $20,641,021;
balances $1,393,508.
New York, May 20—Exchanges $266,082,
201; balances $11,953,285.
Philadelphia, May 20.—Clearings $23,285,
460; balances $3,298,693.
Baltimore. May 20.—Clearings $3,772,794;
balances $721,760. /
Chicago, May 20.—Clearings $37,235,139;
balances $11,041,231. Posted exchange 4.85
for 60 days; 4.88 on demand. New York
exchange 50c premium.
Memphis. May 20.—Clearings $643,846;
balances 142,546.
New Orleans. May 29.—Clearings $2, -
883,638. New York exchange $1 per $1000
premium; commercial 75 cents per 1000
discount.
Cincinnati. May 20.—Money 4@6 per cent.
New York exchange 35@40 cents premium.
Clearings $3,917,000.
Chicago ’Change.
Chicago. May 20.—Corn took the lead In
grain speculation late today and relieved
the session from the dull, hot weather
monotony that has prevailed for several
days. At the opening ofv the market
weather reports were so favorable that
the crowd was still Inclined to the recent
bearish view. But a good bulge came
when it was apparent that the much
talked of increases In corn receipts were
not to materialize at once. Other grains
worked up In sympathy, and July wheat
closed %c up, July corn %@>%c higher
and July oats %c higher. Provisions
lacked tone and closed 2%@5 to 7%c lower.
The leading futures ranged as follows:
Articles. | Open. | High. | Low. | Close.
""Wheat- n i i I
May .| 74%| 74%| 74%| 74%
July .| 74%| 75 | 74%| 74%
Sept . 73%I 74%| 73%i 73%
Dec .| 74% j 75% | 74%| 76%
Corn— | I | I »
May .| 80% I 61 | 60%| 61
July .j 61%| 62%| 61%| 62
Sept .| 59%) 60%| 59%) 60%
Oats- | I I I
May .| 42 | 42 | 41% | 42
July (old) ...| 34%! 36%) 34% 34%
July (new) ..j 36%) 87%| 86%| 36%
Sept (old) ...| 28%| 29%) 28%j 29%
Sept (new) ..j 80%| 31 | 30%| 30%
Mess Pork | | | j
May .| 17.15 | 17.15 | 17.10 | 17.10
July .| 17.20 | 17.27%| 17.17%) 17.17%
Sept .j 17.37%! 17.40 | 17.30 | 17.30
Lard— I I I |
May .| 10.26 | 10.25 j 10.17%) 10.17%
July .| 10.22%| 10.27%| 10.17%| 10.17%
Sept .| 10.25 I 10.30 | 10.20 | 10.20
Short Ribs I I | |
May .| 9.75 | 9.75 | 9.70 ) 9.70
July .I 9 67%) 9.72%! 9.65 | 9.65
Sept .| 9.70 | 9.72%j 9.65 | 9.65
Cash quotations were as follows:
Flour—Firm.
Wheat—No. 3 spring, 74%@74?4c; No. 2
red, 79c.
Oats — No. 2 white, 44@44%c; No. 3
white, 43@44Hc
Rye—No. 2, 59Hc. i
Barley—Fair to choice malting, 09c.
Flaxseed—No. 1, $1.69; No. 1 northwest
ern. $1.76.
Timothy Beed—Prime, $6.30.
Mess Pork—Per barrel, $17.15@17.20.
Lard—Per 100 pounds, $10.17H®10.20.
Short Rib Sides—Loose, $9.65@9.70.
Dry Salted Shoulders—Boxed, 8>4c.
Short Clear Sides—Boxed, $10.400j 10,50.
Whisky—Basis of high wines, $1.30.
Clover—Contract grade, $8.36.
On the Produce Exchange today quota
tions were:
Butter—Steady; creamery 18@22c, dairy
17@19c.
Cheese—Steady, 12@13c.
Eggs—Steady; fresh 1414c.
Charleston and return via
Southern Railway, rate $9.75
Monday, May 21st
SHARP BREAK
_
Cotton Opened 5 Points Higher
to 1 Point Lower
CLEAR WEATHER IN STORE
A» the Afternoon Progressed Prices
Steadily Gained Force on the Up
ward Course and Sentiment
Grew Intensely Bullish.
New York, May 20.—The cotton market
opened steady with prices 5 points higher
to 1 point lower, following which there
was a sharp break under realizing by
room longs and pressure from Wall street
bear Interests. The early stability was
In keeping with a better class of Liverpool
cables than expected; light receipts
throughout the belt and reports that spot
cotton South was In better demand at
Improving prices. Claims that the recent
rains In the South had done great good
and that clearing weather was now In
store, combined with late weak Liverpool
cables, helped to force the market back.
But later It became clear to all that the
demand from spot cotton houses, ex
porters and New England spinners for
the Immediate positions was growing and
that a formidable short account remain- 1
ed unprotected, helped to encourage buy
ing for a turn. As the afternoon progress
ed prices steadily gained on the upward
course and sentiment gained In bullish
Intensity. The Southern spot markets
were reported as stafdy and generally un
changed. The local\ spot market gained
1-16. Good reports as to the financial
Status of the New England mills, more
peace rumor* from London, a firmer stock
market and light estimates for tomor
row’s receipts at leading points proved
more than an offset for a bearish weekly
crop and weather report from Washing
ton.
The market closed steady In tone 1 to
3 points net higher.
New York, May 20.—Cotton quiet; mid
dling 9 7-16; net receipts 9; gToss receipts
1936; sales 90; stock 188,166; exports Great
Britain 323. continent 3044.
Total today: Net receipts 3280; exports
Great Britain 5823; continent 9713; stock
464,784.
Consolidated: Net receipts 10,361; ex
perts Great Britain 17,079; France 787;
continent 22,837.
Total since September 1: Net receipts
7,340,661; exports Great Britain 2,937,861;
France 688,836; continent 2,495,563.
New Orleans Cotton Market.
New Orleans, May 20.—There was noth
ing doing in the spot cotton market and
the samples on factors’ tables, as a rule,
remained uncovered. Buyers and sellers
are far apart in their views of prices and
factors refuse to make concessions. The
sales were 125 bales. Quotations were
l-16c lower.
Futures, after opening at a level that
was from unchanged to 3 points up, drift
ed along within remarkably narrow limits
with but little activity on either side.
July was about the only position that was
traded in, and under a selling movement
it dropped away to 8.99, recording a loss
of 6 points. Later in the day a buying
movement set in and the market contin
ued to improve slowly to the close, show
ing net gains on the day of 2 points each
on May and September and 3 to 4 points
on the other positions.
New Orleans, May 20.—Cotton—Futures
quiet and steady; May 8.94(08.96, June
8.99(09.01, July 9.0909.10, August 8.6108.63,
September 8.12(0*. 13. October 7.83(07.84, No
vember 7.72(07.74, December 7.72(07.73, Jan
uary 7,74(07.75.
New Orleans, May 20. — Cotton steady;
sales 125; ordinary 7 13-16c, good ordinary
8 5-16c, low middling 8 ll-16c, middling
9%c, good middling 9 7-16c, middling fair
10c; receipts 883, stock 147,771.
Dally Statement.
Galveston—Nominal, middling 9 3-16;
sales 1100; receipts 1668; stock 47,503.
Mobile—Nominal, middling 8%; stock
9686.
Savannah—Steady, middling 9%; re
ceipts 226; stock 18,868.
Charleston—Quiet, middling 9*4; stock
1913.
Wilmington—Dull, middling 9H; sto*k
6186.
Norfolk—Nominal, middling 9%; re
ceipts 530; stock 28,643.
Baltimore—Nominal, middling 9%; re
ceipts 871;, stock 10,724.
Boston—Steady, middling 9%; receipts
62; stock 1001.
Philadelphia—Quiet, middling 9 1-16; re
ceipts 3; stock 3676.
St. Louis—Quiet, middling 9V6; sales 50;
receipts 626; stock 28,991.
Memphis—Cotton steady 1-16 advance,
middling 9 1-16; sales 500; receipts 712;
shipments 1065; stock 30,168.
Liverpool Market.
Liverpool, May 20.—Cotton, spot quiet;
prices l-32d lower. American middling
fair 5 13-32d; good middling 5Mi; middling
5d; low middling 4 29-32d; good ordinary
4 26-32d; ordinary 4 17-32d. The sales of
the day were 6000 bales of which 600 were
for speculation and export and Included
6500 American. Receipts since last report
17,000 bales Including 16,000 American. Fu
tures opened quiet and closed easy.
American middling: May 4.53b; May-June
4.53 seller; June-July 4.52<if4.53 seller;
July-Augpst 4.52 seller; August-Septem
ber 4.4«@4.47 seller; September-Oetober
4.32@4.33, seller; October-November 4.25
buyer; November-December 4.23 buyer;
December-January 4.22 buyer; January
December 4.21@4.22 seller.
Murphy A Co.' Cotton Letter.
New York, May JO.—The most that can
be said of the cotton market was that
prices Improved a few points early In the
day, due mainly to better cables than
were expected, and this fact helped to
further harden prices later on, but this
was followed by a decline of 5 points.
The situation Is mixed and the best peo
ple In the trade entertain undecided views
aa to what the market may not do. Re
ceipts keep so small ns to scare sellers
who fear a possible collapse and again
the fine weather heretofore may give
way to a prolonged spell of moisture with
serious consequences, and again there la
danger of drouth cutting down the crop
In July or August, on the other hand
the slack demand from exporting quarters
Is having a bad effect on speculation and
the dry goods situation Is alleged to
have lost much of Its old time snap. Final
ly It Is possible that the government re
port to be Issued on June 3 may reveal
some unexpected feature, as was the
case on December 3 last year; hence we
find sentiment at present divided. Borne
former bulls being active on the bear aide
and vice versa. Rain today fell at Ft.
Bmlth and Savannah, while the tempera
ture was 74 to 80 for the entire belt. Re
ceipts at ports, 4000 against 11,000 last
year. The Texas forecast was for unset
tled weather In East Texas and fair and
warmer In West Texas. The weekly bu
reau report Indicated generally good con
ditions.
DR. Y. E. HOLLOWAY
Physician and Surgeon.
Three-fourths of
the persons who
come to me to get
cured of Syphilis,
Gonorrhoea, Gleet,
Stricture, Lost
Manhood and other
private diseases
have tried to get
well by using oth
er means. Why not
come as soon as
1 you And that you
are afflicted? It
will not only save you distressing pain
and valuable time, but will cost you less
money. There Is also a satisfaction In
knowing that the very best possible
treatment Is being given to you by a
Competent physician who has experience
in such matters and is capable of curing
you in the quickest and most perfect
manner possible. I have treated private
diseases as a specialty for the past fif
teen years In the city of Birmingham, and
I am therefore knovn to a great many.
But if you are not acquainted with me, I
refer you, with permission, to First Na
tional Bank. Alabama National Bank.
Jefferson County Savings Bank and
Steiner Bros., bankers, as to my respon
sibility for my contracts. I cure many pa
tients by mall treatment. Write for
prices and terms.
I do not use large advertisements and
false statements to attract patients
which merit has failed to secure. If you
fall to be cured by such methods, give
me a call and get well.
Address Dr. Y. E. Holloway, 1801% Sec
ond avenue, Birmingham, Ala.
Office, Second avenue and Eighteenth,
opposite postoffice.
Office Hours: 8:30 a. m. to 6:30 p. m.
Sunday, 10 a. m. to 12 m.
Established March 12. 1900.
SMITH, MAY COMPANY
Correspondents Of
THE ODELL COMMISSION CO.
Rooms Nos. 1 and 2 Elyton building, up
stairs—Corner 20th st. and Morris ave.
Stocks, Cotton, Grain
and Provisions.
Quickest Service in the South.
WE INVITE COMPARISON.
No Interest charged on trades, and divi
dends paid on stocks bought on maglns,
giving all advantages of actual owner to
purchaser.
PROMPT AND CAREFUL ATTEN
TION GIVEN TO ORDERS OVER TEL
EPHONE OR BY Tj -EGRAPH. Orders
by telegraph may be sent C. O. D., and
W6 will prepay notice of execution.
Telephone 847.
Our Dally Market Report mailed on ap
plication.
Cotton Letter.
C. W. Lee & Co.’s Letter to H. D. Coth
ran & Co.
New York, May 20.—The market Is act
ing very well. It could not behave better
from any standpoint. Prices advanced
further today, with July 20 points up
from yesterday’s low level. August sold
at 8.50 and yesterday at 8.39. We expected
a rather steady Liverpool market this
morning, and considering the drop here
that market ruled firm. There's nothing
to sell on at such prices as have pre
vailed yesterday and today. On a sharp
advance tomorrow we would take profits
and look for a decline of 10 points. Over
8.60 for August and 8.90 for July there is
likely to be enough selling to halt the
advance for the moment. Receipts are
too small to let prices down much on a
drop of a cent a pound. The movement
is sensationally small and may bring
about a scare in July cotton. We would
not short July under any circumstances.
It is believed a prominent operator most
active on the bull side, not a member of
the exchange, has now sold July short in
considerable quantities. We regard this
as a very hazardous move. New crop po
sitions below 8 cents are low enough for
the present.
We would rather buy cotton on all de
clines for the present, though, taking
profits on an advance tomorrow.
New York Cotton Future*.
o B J O
MONTHS. 5 r:
ar *» 2 s
S 2 “ ■■
January .. 7.88 7788 TH2 7.88
February. 7.89
May . 9.05 9.16 9.02 9.16
June. 8.96 9.05 8.96 9.05
July . 8.85 8.87 8.75 8.84
August . 8.56 8.60 8.48 8.59
September . 8.06 8.10 8.00 8.09
October . 7t88 7.88 7.84 7.88
December . 7.87 7.87 7.83 7.87
The Coffee Market.
New York, May 20.—Spot Rio quiet; No.
7 invoice, 5%c; Mild quiet; Cordova, 8(g)
ll%c.
Futures opened steady with prices un
changed to 5 points lower under room
selling and absence of public support.
Weakness in European markets heavy re
ceipts in the crop country and liberal
clearances from the crop country for
the United States were the leading fac
torf of depression. Trading was compara
tively quiet all day with the market nomi
nally steady at 5 points net decline. Total
sales, 19,750 bags. July, $5.15; September,
$5.30; October, $5.35; December, $5.55;
January, $5.60; February, $5.72; March
$5.uv^6.85.
The Metal Market.
New York, May 20.—The local market
for copper was active and steady with
sales of 100 tons standard for August de
livery at 11.90 and 0000 pounds of casting
in lots of 30,000 pounds each for June,
July and August delivery, all at 12c. The
market closed with standard quoted at
11.85 to 12 cents for spot to August lake
at 12% to 12%c; electrolytic at 12%@12%
and casting at 12 cents. The London
copper market was 5c higher with spot
and future at £54, 15s. Tin was steady
here with spot quoted at 30% to 30%,
five tons for June delivery sold at 29%.
The London market for tin was 6s. lower
with spot closing at £137 and futures at
£133. Lead was steady and unchanged
at all markets with London closing at
£11, 12s, 6d and New York at 4%. Spelter
was also steady and unchanged with
London at £18, 10s, Id and New York at
4.45. The local iron market ruled steady
to firm. Pig iron warrants continue nom
inal. No. 1 foundry northern 19.50@20.50;
No. 2 foundry northern 19.50@20.50; No.
foundry southern soft 18.50@19.50. The
English markets were higher. QIasgow
closed at 54s and MIddlesboro at 49s.
Live Stock Market*.
Chicago, May 20.—Cattle: Receipts 4000,
including 400 Texans. Market steady:
good to prime steers, $7.0007.60; poor to
medium, $5.2506.80; Stockers and feeders,
$2.7605.50; calves, $2.5007.00; Texas fed
steers, $5.6006.80; top for 20 years.
Hogs: Receipts 21,600 ; 6c to 10c lower
than the close of yesterday. Mixed and
butchers, $6.75®7.40; good to choice heavy,
$7.30®7.45; light, $6.7507.15.
Sheep: Receipts 13,000; sheep steady to
10c lower; lambs steady. Good to choice
wethers, $6.0006.60; fair to choice mixed,
$5.5006.00; western sheep. $8.0006.50; na
tive lambs, clipped, $5.6007.00; western
lambs, $5.50@7.00; Colorado wooled lambs,
$7.50.
Cincinnati, May 20.—Hogs steady, $5.75®
7.JO; cattle steady, $2.5006.35; Bherp active
and higher. $3.0005.75; Iambs active and
higher. $4.00@8.25; spring, $5.0007.25.
Cotton Seed Oil.
New York, May 20.—Cotton seed oil
steady. Petroleum steady.
New Orleans, May 20.—Cotton seed pro
ducts: Prime refining; oil In barrels, 44c;
off refining, 43c; prime crude, loose, 88c.
Memphis, May 20.—Oil, car load lots,
per gallon, prime crude, 89#39M»c; off
crude nominal: prime summer yellow,
42%c; off summer yellow nominal; choice
cooking summer yellow, less than car
load lots, nominal, 40c. Meal and cake
unchanged.
Naval Stores.
Savannah. May 2ft.—Turpentine firm at
45c; receipts. 1974; sales. 558; exports. 2740.
Rosin firm; receipts. 8908; sales, 1669; ex
ports, 1000. Quote: A, B. C, D, $1.20; E,
$1.25; F, $1.80; G, $1.35; H. $1.56; I. $1.95;
K, $2.46; M. $2.85; N, $3.25; Window Glass,
$3.5ft; Water White, $3.60.
Charleston. May 20.—Turpentine dull;
nothing doing. Rosin unchanged.
THE LOCAiT MARKETS
Local Cotton Market
Good middling . 8T4
Strict middling .\.
Middling . 8%
Strict low middling . 8%
Low middling . 8%
Local Iron Market
IF .$16.50
2F .16.00
3F .15.60
4F .15.00
Grey forge.15.00
IS .16.50
2S .16.OC
Local Stocks and Bonds.
Corrected Dally by ^Aldwell & Ward,
Bankers. 2015 Fh-st Avenue. Tele
phone 753. (See Card.)
Bid Asked
Ala. State bonds, class A .106 110
Ala. State bonds, class B.106 110
Ala. State bonds. Class C.101 104
Ala. State bonds, funded .10i 118
Ala. Con. Coal A Iren Co., com.. 10 20
Ala. Con. Coal & Iron Co., pfd.. 90 100
Ala. Con. Coal A Tron Co., bds..100 106
Ala. National Bank .110 116
Ala. Steel & Ship Bid. Cn., pfd.. 85 95
Ala. Steel & Shio Bid c*o.. ods.. 94 100
Ala. Steel & Wire 0*©., pfd-o.om. .125
Ala. Trust and Savings Co.100
Avondale C-otton Mills . 85 95
Avondale Land Co. 75
Auditorium . 50 75
Bessemer Land and Tmp. Co— 23 25
Birm. Ice Factory Co.90 100
Birmingham Realty Co., com.... 83 46
Birm. Realty Co., pfd. 65
Birm. Realty Co., mort. bonds.. 95 99
Birm. Realty Co., prlt#r liens.... 98 102
Birm. Ry., Lt. A. Co., com.. 63 69
Birm. Ry., Lt. A P. Co., pfd ....103 106
Birm. Ry., Lt. A P. Co., bonds..101 104
Birm. Ry. A Elec. Co. bonds..105 110
Birm. Savings Bank .100
Birm. Trust A Savings Co.140 175
Birm. Water Works Co. bonds..110 118
Dlmmici Pipe Co., com.125
Dimmtck Pipe Co., bonds.110
East Lake Land Co. 30
Ensley Co.40u 600
Ensley Land Co., old . fl 7
Ensley Land Co., new .120 140
First National Bank .210
Hotel Hfllmsn . 65
Jefferson Co'*nty Sav. Bank....100 106
Jefferson County Bond*—
Courthouse...., .117 121
Courthouse .119 122
Roads, first series .113 122
Roads, second series .106 109
Roads, third series .120 123
Sanitary sewer.101 105
Martin C*-J*’ker Co.95 110
North Birm. Land Co. — 15
People’s Sav. Bank A Trust Co.. 110 120
Republic Steel A Iron Co., com. 18 20
Republic Steel & Iron Co., pfd.. 74 76
Sloss I. A S. Co., 1st mort. bds..103 111
Sloss I. A S. Co., gen. mtg. bds.. 84 87
Sloss-Sheffield, com. 32 34
Sloss-Sheffield, pfd . 82 84
T. C. I., gen. mtg. nonds.... 1. 99 102
T. C. I., Tenn. Dlv., b^hda.106 109
T. C. I., Birm. Dlv., bor.SS.108 112
T. C. I., Cahaba div. bonds.107 111
T. C. I.. Debardeleben dlv. bds..101 104
T. C. I., Pratt dlv. bonds .100 106
•Ex dividend.
Birmingham City Bonds.
Birmingham city bonds can be bougbt
on a 434 or 435 per cent basis.
Fruit and Produea.
Butter—Best Elgin, 28c; Mississippi, best
grade, 23c; Mississippi, second grade, 22c;
good country, 16020c; Cooking, 1234c.
Apples—Per barrel, $4.5004.75.
Sweet Potatoes—White, per crate, $3.76;
yellow yams, per bushel. 51.35.
Irish Potatoes—Per bushel, $1.15, new
potatoes, $3.7504.00,
Tomatoes—Per crate. $2.2502.75.
Squash—Per crate, $1.0001.50.
Beans—Per bushel. $1.0001.26.
Strawberries—Cullman. $1.0001.50.
Bananas, Per Bunch - Culls. 50075a;
straights. $1.2601.50.
Eggs—Fresh, per dozen, 18014c.
Lemons—Per box, $3.2503.75.
Oranges—Per box, $3.2603.75.
Poultry—Best friers, 30c; hens, SSc: Pe
kin ducks, 40@56c; puddle ducks, 25036c.
Onions—Per pound, 3c.
Cabbage—Mobile, $3 per crate; South
Carolina $2.75.
Peanuts—Per I und, 4@6c.
Dried Apples—California evaporated, (a;
1-lb packages, 934c; sun-dried, «c.
Local Staple Groceries.
Flour— Huegely's jest patent, $4.60; Ten
nessee patent, $4.35; half patent, $4.00.
Sugar—Granulated, 5c; Y. C., 434c.
Coffee—Green, 83401134c.; Arouckle’s
packages, $10.80; Lion packages. $10.30;
Cordova packages. $19.30.
Meats—Dry salted ribs, 1034c; clear bel
lies, 11c; dry salted bellies, 11c; Star
hams, 13%c; four X hams, 13c; California
hams, 9%c; breakfast bacon, 14c.
fornla hams, 9%; breakfast bacon, 14c.
Cheese—New Yolk full cream, 15c.
Lard—Leai lard, llVic.
Compound Lard—Snow drift 934c.
Molasses—Centrifugal, 16©35c; sugar
house, 20035c; Georgia cane. 3fo.
Corn—Mixed, 83c; white 86c.
Meal—Pearl, $1.40; water ground, $1.38.
Hay. Per Ton—Colce timothy, $21.00;
No. 1, $19.50; clover mixed $19.00; prairie,
$13.00; Johnson grass. 312.50014.50.
Oats—Mixed, 56c; white, 57c.
Cotton Seed Meal—Per ton. $25.00.
Bran—Mixed, $20; pure wheat. $22.
Mr.. Winslow’s Soothing Syrup
the best remeay for DIARRHOEA. Sold
by druggists In every part of the world.
Be eure and ask for "Mrs. Winslows
Soothing Syrup," and take ne ether Und.
Has been used for over FIFTY YEARS
by MILLIONS of MOTHERS for their
CHILDREN WHILE TEETHINO, with
PERFECT SUCCESS. It SOOTHS thO
CHILD, SOFTENS the SUMS. ALLAYS
all PAIN. CURES WIND COLIC, and la
Twenty-live cents a beetle
Charleston, S. C., and Return.
Account Birmingham Day at Charles
ton Exposition the Central of Georgia
Railway will sell tickets Wednesday. May
21. to Charleston, 8. C., at rata of $9.75
for round trip, limit returning within ten
days from date of sale. For party of
one hundred or more on one ticket rate
of $7.15. same date of sale and limit. The
Central of Georgia Railway via. Savan
nah has been selected as the Official
Route of Birmingham Commercial Club.
There will be through sleepers to Charles
ton on train leaving Birmingham 4 p. m..
May 21. Reserve space at City Passenger
office. No. 1921 First avenue. 6-17-5t
North Birmingham Park
Is brilliantly lighted every night. Dancing
pavilion now ready. Take North Birming
ham electric cars. Quick service. 6-13-lm
For strengthening tonic
drink 8ohilllnger’s Lager
Beer.
Best and quickest route to
Charleston, S. 8. — $9.75
round trip via Central of
Georgia Railway. Tiokets on
sale Wednesday, May 21st,
1902. Limit ten days; ind;
vidual tickets.
The FIRST NATIONAL BANK of Birmingham, Ala
STATEMENT TO COMPTROLLER (Condensed) April 30, 1902.
RESOURCES.
Loans and Discounts.$2,875,160.57
Overdrafts. 1,186.78
U. S. Bonds and Premiums 103,500.00
Other Stocks and Bonds.. 10,921.00
Bank Building. 61,000.00
CASH.
In Vault.$ 281,747.41
With Banks.. 964,145.47
With U. S.
Treas. 3,399.90
1,249,292.78
$4,291,041.13 j
LIABILITIES.
Capital Stock.$ 250,000.00
Surplus and Profit*. 200,178.68
Circulation. ...... 50,000 00
DEPOSITS.
Individual ...$3,159,422.02
Bank. 581.443.53
United States 50,000.00
3,790,868.55
$4,291,041.13
N. E. BARKER, President; J. H. WOODWARD, Vice-President; W. P. Q.
HARDING, Vice-President; J. H. BARR, Cashier; W. W. CRAWFORD,
Assistant Cashier.
DIRECTORS—W. S. Brown, Robert Jemlaon, F. M. Jackson, Walker
Percy, F. D. Nabers, Wm. A. Walker, T. T. Hillman, W. H. Hasalnger,
Ersklne Ramsay, T. H. Molton, E. VI. Tutwller, J. H. Barr, B. F. Moore,
N. E. Barker, W. P. G. Harding.
The officers of this bank will be pleased to meet or correspond with those
who contemplate making changes or opening new accounts.
PROTECTION
AGAINST FIRE AND BVRGLARS
For Y°“r jewejs ai\d Valuables
In the SAFETY DEPOSIT BOXES (Rent from
$5 to $35 per year) of the
BIRMINGHAM TRUST & SAVINGS CO.,
3 Per Cent Paid on Savings Deposits. A General Banking Business.
Southern Railwav Co.
The Great Highway of Travel North,
East, South and West.
Schedule in Effect January 6. 1902.
EASTBOUND.
] No; 23. | No.3871 no. mt
Lv Birmingham | 4:30 pm[ 6:10 am| 4:10 pm
Ar Anniston ....j 7:00 pmj 8:20 am| 6:23 pm
Lv Tallapoosa .! 9:32 ami 7:55 pm
Lv Atlanta .|12:00 n |11:50 pm
Lv Atlanta .[12:00 pmjll:50 pm
Lv Charlotte .| 8:18 pmj 9:50 am
Ar Danville .|ll:53pmj 1:38 pm
Lv Danville .. ....... 1:04 am| i :46 pm
Ar Richmond . 6:00 am| 6:25 pm
Ar Washington . 6:42 am| 8:50 pm
Lv Washington. 7:00 am|10:00 pm
Lv Baltimore . 8:00 am ill :25 pm
Lv Philadelphia .10:15 am| 2:56 am
Ar New York .12 43 pmj 6:23 am
Ar Boston . 2:00 pml 9:00 pm
No. 38, “Washington and Southwestern
Limited,” solid vestlbuled train, Atlanta
to Washington; Pullman sleeping car,
Birmingham to New York; also Pullman
library observation car, Atlanta to New
York; dining car east of Atlanta.
No. 36, “U. S. Fast Mall,” carries Pull
man sleeping cars Birmingham to Rich
mond, Va„ via Atlanta; sleeper Atlanta
to New York; sleeper Birmingham to
Jacksonville, Fla.; cafe car Birmingham
to Atlanta, regular.
Dining car east of Atlanta.
| No. 88. i No. 3«T
Lv Birmingham.| 6:10 am| 4:10 pm
Lv Atlanta .12:05 pm 110:45 pm
Ar Macon . 2:25 pm|12:55 am
Ar Helena . 4:45 pmj 3:08 am
Ar Jesup . 6:50 pml 5:20 am
Ar Brunswick . 8:35 pml 7:15 am
Ar Jacksonville, Fla.18:30 am
Ar Savannah .112:20 ami 8:30 am
WESTBOUND.
f~N o. 87. | No. 35.”
Lv Birmingham .[10:20 pm112:50 pm
Lv Corona .[12:05 am 3:35 pm
Lv Fayette .| 2:40 am 4:32 pm
Ar Columbus .4:15 am 6:55 pm
Lv Columbus . 4:25 am 6:00 pm
Lv West Point . 6:08 am 6.37 pm
Lv Winona . 7:51am 8:48 pm
Lv Greenwood . 9:26 am 10:03 pm
Ar Greenville .|12:06 n [12:10 am
~NoT 87 carries-Pullman sleeping car Bir
mingham to Greenville, Miss.; open at 9
p. m.
BOUTHBUUNU.
“No. 19. | No. 7t.
Lv Birmingham . 6:20 am|10:3) pm
Ar Gurnee Junction . 7:60 am|ll:23 pm
Ar Wilton . 3:27 am|12:05 am
Lv Wilton . 8:36 am 12:06 am
Ar Selma .10:40 am| 1:60 am
Lv Selma . 4:20 pm| 1:66 am
Ar Mobile .10:35 pm| 7^30 am
No. 21 carries Pullman sleeping car Bir
mingham to Mobile; open 9 p. m.__
TRAINS~ARRIVE AT BIRMINGHAM^
NoTTsTfrom Greenville . 6:40 am
No. 22, from Mobile . 5:30 am
No. 16. from Blossburg . 8:16 am
No. 21. from Anniston . 9:68 am
No. 35. from Atlanta .11:46 am
No. 36. from Greenville . 4:00 pm
No. 20, from Selma . 9:56 pm
No. 87, from Atlanta .
—p\~S.~Gannon7 third vice president an3
general manager. Washington. D. C.
£. H. Hardwick. G. P. A., Washington,
D. C.
C. A. Benscoter. G. P. A.. Chattanooga.
Tenn.
C. El. Jackson. T. P. A.. Birmingham.
Ala.
WE8TERN RAILWAY OF ALABAMA
In Connection With
LOUISVILLE AND NASHVILLE R. R.
Now operate convenient schedules be
tween Birmingham and Selma and Selma
and New Orleans.
Lv. Birmingham .| 4:05 pm
Ar Selma .Ill:30 pm
Lv Selma .| 8:20 am | 4:00 pm
Ar Birmingham .|12:04 noon| 9:04 pm
Lv Selma .f6:20 am| 4:00 pm
Ar New Orleans .| 8:26 pmj 7:25 am
Lv New Orleans . 9:20 am| 8:00 pm
Ar Selma .|11:S0 pmjll:30 am
“Also between Selma and Atlanta In
connection with the Atlanta and West
Point Railroad.
Lv Selma_4:06 pm EvTAtlanta. 4:20 pm
Ar Atlanta...11:40 pm Ar Selma...11:80 pm
B. F*. WYLY, JR.. 0. P. and T. A.,
Atlanta, Ga.
J. P. BILLUPS, D. P. A„ Atlanta. Ga.
BIRMINGHAM AND ATLANTIC.
In Effect January 13, 1902.
■ s. i in i J- I 6.
ex. | ex. I ex. | ex.
Sun. | Sun. I Sun. | Sun.
Leave. I Arrive.
P.M. | A.M. _| A.M. [ P.M.
"3760 I 7:10 Talladega j 10:40 j 573
6:25 | 8:33 Pell City. | 9:00 | 6:00
10:00 | 9:58 Birmingham. | 6:00 | 4:30
Arrive. I 1 Leave.
10:15 | | Atlanta. | |
“35. | 87. "j | 88. | 86.
Sun. | Sun. | I Sun. | Sun.
Only. | Only.| I Only. |Only
Leave. | I Arrive.
P.M. | A.M. | _[AM. | P.M.
*4:00 I 7:20 | Talladega. I 8:68 | 7:04
6:18 | 8:35 | Pell City. 8:45 | 6:56
10:00 | 9:58 | Birmingham. | 6:00 ( 4:80
Arrive. | I Leave.
10:15 1 I Atlanta. | |
JOHN C. SALEY. W. L. LANE.
General Manager. Superintendent.
CARROLLTON SHORT LINE RAIL
WAY COMPANY,
To Carrollton and Stanhel, Ala., via
Reform. Ala.
NoTT —— No. L
11:00 am Leave Carrollton...Arrive 4:06 pm
11:20 am Leave Stansel.Arrive 3:45 pm
j®?40 am Arrive Reform.Leave 3:26 pm
JOHN T. COCHRANE.
Pres, and Oen'l Manager,
. CwroUtop, Ada,
RAILWAY SCHEDULES
In Effect April 20 at 12.01 A. M.
Arrival and departure of all trains al
Union Passenger Station, Blrm'ugham.
Ala.
L. & N.—North.
... . „ I Arrlve.l Depart.
•No. 2. Fast Mall, N. 0...|U:f>9 am|12:22 pm
*No- Fast Mall, N. 0„.| 9:12 pm| 9:20 pm
INo. 8. Decatur Accom..,|.| 2:16 pm
INo. 10, Montg'm Accom..j 7:00 pm|..........
South.
... . | Arrive. I Depart.
No. l, Fast Mall, Cln....| S:26am| 8:33am
No. 7. Decatur Accom.... in-no ami
*N°- 3- Fast Mall, Cln....| 3.45 pm| 4:0* pm
No. 9, to Montgomery -,..|.| 6.1b am
BIRMINGHAM MINERAL—North.
1^°' 12' Fast Mnl1- Rlocton .10:45 am
INo 4K Ma"' Blocton . 6:50 pm
INo. 46, Altoona Accom . 9 65 am
INo. 102, Blocton Accom . ":l5 p™
South.
•No. 41, to Blocton . am
•No. 43. to Blocton . 2:"0 Iim
INo. 44. Altoona Accom . 2:55 pm
INo. 10L Blocton Accom . 6:30 am
A. G. S.—North.
„ | Arrive. Depart.
•No 1 Faat4Mal!- N- O..I 5:40am 1:45 am
• No « 8pf’rlal i 6:45 pm 4:50 pm
No. 6, Meridian Accom..|12:25 pm 4:40 pm
8outh.
I Arrive.| Depart.
•No J' £,rnmFthrlnnatl...|10:n5pm|10:10pm
•No r Spf:rlRl ! 9:56 am|10:00 am
No. 5. Chattango Ac'm..|12:46 pm| 4:30 pm
SO. R. R.—North, East, South, West
•No. 16, from Bloaahurg, Ao’m..| S-.ie'ani
No. 20, from Selma .| 9:55 pm
•No. 21, from Anniston .I 9:58 am
•No. 85, from Washington .111:46 am
•No. 86, from Mississippi.( 4:00 pm
•No. 87. from Washington .I 9:50 pm
•No. 88, from Mississippi . 6-40 am
•No. 22, from Mobile and Selma. ,| 6:40 am
,, I Depart
INo. 15, to Bloaeburg, Accom.../ 4:60 pm
•No, 19. to Selma .| 6.20 ara
•No. 22, to Anniston .4:30 pm
•No. 85. to Mississippi .(12:50 pm
•No. 36, to Washington .| 4:10 pm
•No. 87, to Mississippi .(10:20 pm
•No. 33. to Washington . 6:00 am
•No. 21, to Mobile .(10:20 po
'FRISCO 8Y8TEM.
K. C., M. & B—East
| Arrive.
•No. 206, Southeastern Limited...! 3:66 pm
•No. 208, New York Express .| 6:60 am
No. 209, Wlnfleld Accom .10:00 am
Fast Line to Kansat City.
Weet
I Depart.
•No. 206, Southeastern Limited... 112:30 pm
•No. 204, New York Express .10:20 pm
No. 210. Wlnfleld Accom .i 4:10 pm
CENTRAL OF GEORGIA—East.:
| Depitrt.
•No. 2, to Macon.I 7:10 im
•No. 4, to Savannah.j 4:00 bra
West - [
[ Arrlye.
•No. 1, from Macon .| 8:46 pm
•No. 8, from Savannah .|12:20 pm
Trains marked thus • run dally. Thu» I
dally except Sunday.
Effective April 20, 1902.
-—-——-S—
EA8TBOUND.
-No. 2. I ' Ndu4.
Dally, j Dally.
Lv Birmingham . 7:10 am|_4:(»5>m
Ar Childersburg . 8:47 am| 6:38pm
Ar Bylacauga . 9:07 amjlftOpm
Ar-TalTSaega .12:39 pm|.,.
Ar Anniston . 1:45 pmj.
Ar-Goodwater . 9:42 am[ 6:24 pm
Ar Alexander City .10:15 amj 6:60 pm
Ar Dadevllle .10:53 am| 7:26 pm
Ar Camp Hill .11:13 amj 7:46 pm
Ar Opelika .11:56 am| 8:26pm
Ar Columbus . 1:00 pm| 9:26pm
Ar Fort Valley . s:bo pm|U:«£i>m
Ar Macon . 4:46 pm|12:40 am
Ar Amerlcua (ex. 8un).|11:46 am
Valley .10:08 Pml am
Ar Amerlcus. via Fort
Ar Albany .11:10 pm| 7:30 am
Ar Augusta ..I 6:46pm
Ar Savannah .I.I 7:0QAm
ARRIVALS.
No. 1 trom Macon, Albany, Columbus,
Opelika. Amerlcus, etc., 8:45 p. m.
No. I from Savannah, Augusta, Macon.
Columbus, etc., 12:20 p. m.
Elegant through sleepers between Bir
mingham, Columbus, Macon and Savan
nah on Nob. 8 and 4.
Connection is made at Savannah with
the fast freight and luxurious passeager
steamships ol the Savannah Line font
and to New York, Boston and the Ea$.
For more detailed information, beaptl
fully-illustrated matter, write or appg to
SOLON JACOBS, Commercial Agenj,
w. D. HAMMET, Traveling Pas sagger
Agent. 1321 First Avenue.
JACK W. JOHNSON. Union Ticket Agftit
Birmingham, Ala.
J. C. HAILE. General Passenger Agent
F. J. ROBINSON. Asst. Gen. Pass. Agent
W. A. WINBURN, Traffic Manager. Sa
vannah, Ga.