The Birmingham age-herald. [volume], September 11, 1903, Page 7, Image 7

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

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

                
ACTIVITY AT THE "
EKPEBSEOF PRICES
Opening of Stock Market is
Slightly Higher
ATCHISON RESUMES LEAD
Extreme Weakness of Steel Stocks a
Disturbing Feature and Uncon
firmed Rumors Are Circu
lated About a Dividend.
New York. September 10.—The stock
market was rather more active today,
but the Increased activity was in many
instances made at the expense of prices.
The opening, though tame, was slightly
higher, Atchison resuming to an extent
its recent leadership, but later yielding
to the United States Steel shares. The
extreme weakness of the steel stocks,
which were sold In large volume, was a
disturbing feature. Stories concerning
the next action to be taken on the divi
dend on steel common, together with ad
verse trade reports, were freely circu
lated, but neither confirmation nor de
nial was obtained from authoritative
Bources.
Another stock that showed marked
weakness In xhe early session, was
Brooklyn Rapid Transit, the result, it
is said, of a pool dissolution. Norfolk
and Western scored a 1 point advance at
the opening.
Trading relapsed into extreme dullness
in the second hour and the drift if prices
was again downward. The reduction in
the price of southern pig iron probably
Influenced the 1% per cent lecllne in
Tennessee Coal and Iron and was not
without effect on other stocks of that
class. Colorado Fuel advanced 2 points
for no apparent reason. Business came
almost to a standstill in the early after
noon, but there was some covering of
short contracts and prices hardened in
some instances only to lose their im
provement later. Forecasts of the gov
ernment crop report were conflicting and
traders seemed disposed to hold off in
the absence of definite news. For the
rest of the day business continued dull
and aside from the further largo offer
ings and Increased weakness of the
United States Steel stocks, together with
some liquidation of Atchison, the late
session was almost featureless, and
closing prices W'ere generally at the low
est.
Only a few issues such as St. Paul and
the Pacifies in the list of standard railway
shares and some of the high class special
ties displayed comparative firmness. L,on
dfin's operations here were nominal, the
only noteworthy feature being the heavy
selling of steel. These issues closed with
a net loss of 1 % for the common and 1*4
for the preferred. The local money situ
ation excited little interest in spite of a
gain of $860,000 by the banks, making a
total since last Friday of about $1,500,000.
Call money continued available at from
2 to 2^ per cent but thofe seemed little
justification for the statement that nine
ty day money could be had In large
amounts under five per cent. Demand
sterling broke fifteen points at midday,
the result of a very light demand. Among
the few railway returns of the day was
that of Illinois Central, showing an in
crease of gross earnings for August of
more than $000,000, making over $1,000,000
since July 1.
The bond market lacked feature and
moved irregularly on a small range. To
tal sales par value $920.0^ <•» •» r
United States hcr,Ja were mfe^d
on the last call. wenLaJI.»'.
New York Stocks.
Open. High. Low Close.
Atchison . 671/2 67(8 6642 66' 2
Am. Sug. Refill... I 15 11544 115 11544
R. and 0. 821/8 82'/s 815a 82
Rrook Rap Tran. 441-4 44'/4 42'/2 4248
Can. Pacific ....1241/8 l24'/a 12348 12348
C. and 0. 33'/4 3314 331-4 331-4
Copper. 481/4 48V* 4748 4748
Col. Fuel. 42'/2 43 42'/2 421/2
Krle. 2944 294-4 291/2 291/2
Illinois Central .. 13244 l33'/4 13244 13314
L. and N.105' 2 1051/2 1044 4 10548
Manhattan L.138*4 137 136*4 137
Missouri Pacific. 94'/s 9418 9348 9348
Met. St. Ry....1141/4 I l4'/4 M3'/2 114
N. and W. 8248 6248 62 62
N. Y. Central_123 123 12248 12248
Pennsylvania ... 12478 12478 12444 12478
People's Gas _ 94 94 93*8 9348
do pfd. 66 66 65*4 66
Reading . 5414 541/2 54 54
Rock Island .. .. 291-4 29'/4 28*8 29
80. Pacific.45'/4 4518 431/8 4548
Bo Railway .. .. 2244 2244 221/2 22'2
Pt. Paul.142*4 143 142*8 142*4
Texas Pacific.. ..27 27 27 27
T. C. and 1. 401/2 4044 394s 3944
V. s. Steel . 21*4 2144 2018 2048
do pfd.7048 70*8 6944 6978
Union Pacific .. 76 761/4 75'8 75*8
U. S. Leather .. 8 818 8 8'/a
Wabash pfd.. .. 351/2 3578 35(8 3578
Western Union... 8318 8318 8318 831/2
Bonds.
United States 2s. registered.10818
United States refunding 2s, coupon..109
United States 3s. registered ..,108
United States 3s, coupon .108
United States new 4s, registered_(35
United States new 4s, coupon .135
United States old 4b. registered.109
United States old 4s, coupon .110
United States 6s. registered .1011/2
United States 5s, coupon.101(8
Southern Railway 5s....11344
Wisconsin Central 4s. 9E14
Money on Call.
New York. September 10.—Money on call
steady at 202% per rent; closing, bid. 2;
offered. 214; time money steady; sixty
dajs. 4(5414: ninety days, 4!i<f(5; six
months. 514(35%.
Prime mercantile paper, 6®6V4: sterling
exchange weak, with nctual business In
bankers' bills at 488.1(45 488.15 for demand
and at 482.70(5482.80 for sixty days; peeled
rates. 482(5481 and 487; commercial bills
4.8214.
Par silver. 57)4. Mexican dollars. 451).
Government bonds steady; railroad
bonds Irregular.
Treasury Statement.
Washington. September 10.—Today's
treasury balances, exclusive of the gold
reserve, show: Available cash balance,
123". 157.519; gold. 3108,535,359.
Clearings and Exchanges.
New Orleans. September 10.—Clearings,
11.881,927; New York exchange bank, *i
COTHRAN & CO.
BANKERS . AND . BROKERS
GROUND FLOOR, WOODWARD
BUILDING.
Members New York Cotton Exchange,
New Orleans Cotton Exchange,
Chicago Board of Trade.
Cotton, Stocks, Grain and Provisions.
DIRECT PRIVATE WIRE*
1 to i
Now York, Now Orleans and Chicago,
fl. B. BflXT&R & CO.. INC
Successors to MURPHY & CO.
Alabama National Bank Building.
Private Leased Wires Direct to New
York, New Orleans and Chicago.
COTTON, STOCKS & GRAIN.
New York Office—No. 61 Broadway.
Offices in principal cities throughout the
South.
Write for our Market Manual and book
containing instructions for traders.
Phone No. 842.
FOR SALE.
Birmingham Realty Preferred.
Bessemer.
Birmingham Railway and Elec
tric Bonds. _
CALDWELL & WARD.
FOR SALE
Birmingham Trust & Savings Com
pany stock.
Alabama National Bank stock.
Birmingham Realty Company pre
ferred stock.
OTTO MARX & CO.,
211-212 Woodward Building.
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,
000. Interest rate the lowest.
C. GAZZAM, AGENT.
Room 16, Challfoux Bldg.
WHITE COMMISSION CO.
Successors to
SMITH-MAY COMPANY,
BROKERS,
Alabama National Bank Buildino.
Birmingham, Ala.
STOCKS, COTTON, GRAIN
Quickest service In the south. Prompt
and careful attention given to orders for
delivery or on moderate margins. Out-of
town accounts solicited. Market letter
mailed on application. Phone 847.
Correspondents:
THE O’BELL COMMISSION 00
Incorporated Capital $200,000.00.
CINCINNATI, OHIO.
Largest Brokerage House In the World.
per $1000 premium; commercial, $1 per
$1000 discount.
Memphis, September 10.—Clearings, $424,
S52; balances, $81,846.
Seaboard Air Line.
■ Baltimore, September 10.—Seaboard Air
| Line, common, 20%@201/6; 4s, 77Vi<S)77%.
Chicago 'Change.
! Chicago, September 10.—Wheat and
I corn were weak the greater part of the
1 session, the former steadying a trifle at
| the close at a loss of % for December,
j the latter showing a net loss of Th@3c
for the same option. Oats were strong,
December closing % higher, while pro
I visions were up 10 to 20c.
The leading futures ranged as follows:
j Wheat— Open. High. Low. Close.
. Sept (new) 8048 80^8 797/b 80'/s
Dec (new) 82Vz 82 Vz 8148 81 3/4
May. 84 Vs 8 4 Vs 83V4 84
1 Orn—
! Sept . 51 1/2 511/2 50'/2 50Vs
I Den. 5M/4 511/4 503 s 501/2
j M&y. 514a 5IVs 50 '/a 50'/2
Oats—
Sept. 354*: 36 353,4 35718
Dec . 37Vs 377/8 373/8 37Vs
May. 39 VS 3948 39 39 Va
Pork—
Feb.13.50 13.65 13.50 13.65
Oct .13.80 13.85 I 3.67 Vz 13.80
May.13.50 13.50 l3.37'/2 l3.47'/2
Lard
Sept. 9.17Vz 9.47'/2 9.l7'/2 9.47'/2
Oct . 8.371/2 8.50 8.37Vz 8.47Vz
Jan. 7.321/2 7.40 7.27'/2 7.37»/2
Short Ribs—
Sept. 8.60 8.65 8.60 8.65
Oct . 8.77 Vz 8.82 Vz 8.75 8.80
Jan . 6.90 6.95 6.82 Vz 6.85
Cash quotations were as follows:
Flour—Steady.
Wheat—No. 2 red, 82c.
Corn—No. 2, 50%c; No. 2 yellow, 51TfcC.
Oats—No. 2, 35%c; No. 3 white, 36^c.
Rye—No. 2, 56c.
Barley—Good feeding, 49c; fair to choice
malting, 52(&68c.
Flax Seed—No. 1, 95c; No. 1 northwest
ern. $1.01.
Timothy Seed—Prime, $3.
Mess Pork—Per barrel, $13.50@13.62^.
Lard—Per TOO pounds, $9.40@9.50.
Short Ribs Sides—Loose, $8.37V645P8.67*4.
Dry Salted Shoulders—Boxed,
Short Clear Sides—Boxed, 8%@8%c.
Clover- Contract grade, $9.15.
On the produce exchange today quota
tions ranged as follows*.
Butter—Firm; creamery, 15@19V&c; dairy,
13<§>17c.
Cheese—Steady. KW/Jl^c.
Eggs—Firm, 17(&lSc.
The Coffee Market.
New York, September 10.—The market
for coffee futures opened quiet at un
changed prices, but as the session pro
gressed turned slightly more active and
firmer with prices at one time showing
a gain of 5 to 10 points on the smaller
primary movement, and steady Euro
pean sales, adverse crop news and re
duced estimates for the marketing crop.
Toward the close, however, the demand
became less active and made the liqul
• dation whiqh closed the market, which
| was off from the best. The final tone
was steady and prices were net un
I changed to 5 points higher. Sales, 15.500
I bags. September, 4.O56M.10; October. 4.15;
November. 4.206/4.25; December, 4.50; Jnn
I nary, 4.60; March, 4.75; May, 4.90; July,
j 5.00.
Nunnally’s candy at Stone's
REAL ESTATE LOANS.
We negotiate loans prompt
ly with the largest investing
trust company doing busi
ness in Birmingham. The
lowest available interest
rates. Steiner Brothers.
- -
GAS COKE! GAS COKE!
Now is the time to lay in
your winter supply. Noth
ing better for furnaces and
grates—a great saver and a
good heater. Delivered in
your yard for $4.00 per ton,
or $3.50 at the gas house.
B. K. L. & P. Co.
E. Brewer & Company will
handle Bchool books and
school supplies at Woodlawn
Does your house nepd
painting? Buy our paint
and get. the best.
Birmingham Paint Milla
Ill COTTON MARKET
Prices Rule Active Following
Better Cables Than Expected
SHARP RALLY ON SUPPORT
Outside Investment Demand Increases
and Active Covering Ensues on Un
favorable Crop Reports—The
Market Closes Steady.
| New York. September 10.—Tho cotton
market opened firm at an advance of 1
| to 9 points, and for a time ruled active
j with an upward tendency, following a
better class of cables than expected.
The early market w'as also bullishlv
influenced by indications of renewed sup
port from recognized bull leaders; fur
thered by a rumor to the effect that late
bear leaders had turned bulls. There was
later a period of liquidation that carried
prices off a little. Later there was a
sharp rally on renewed support, consid
erable increase in outside investment
mand, and some pretty active covering,
following reports of crop deterioration.
Reports of weevil rust and shedding
became quite numerous, although it is
to be ssiid that they were generally to be
traced to bull sources. The market to
wards the close eased off anywhere from
3 to 10 points under realizing, but was
finally steady at a net rise of 5 to 11
points. Sales were estimated at 500.000
bales.
New York, September 10.—Cotton
steady. Middling. 12.26c; sales. 8216;
stock, 110 203. Total today at all sea
ports: Net receipts, 5787; stock, 142,393.
Consolidated at all seaports: Net re
ceipts, 26,325; exports to Great Britain.
7385; exports to the continent, 349.
Total since September 1 at all seaports:
Net receipts. 30,550; exports to Great
Britain, 11,211; exports to the continent,
918.
The New Orleans Cotton Market.
New Orleans, September 10.—Spot cot
ton steady; sales 1300, including 800 bales
to arrive. Quotations unchanged.
Futures were steady with brisk trading
at times and an upward trend as to
prices. October opened at 9.60. advanced
to 9.65, then down to 9.56 and later up to
9.72. December opened at 9.61, advanced
to 9.55, fell to 9.46 and then sold up to
9.61. January opened at 9.62, went to 9.55,
I fell to 9.48 and then went to 9.61. The en
couraging hull features today were the
Improved demand for spots in Liverpool
and development of the fact that cotton
is being sold In that market forty of their
decimal points above quotations; the firm
ness of dry goods at supply centers; too
much rain for cotton picking In many sec
tions and not enough for the growing crop
in others, and good demand for the staple
for the contingent; altogether exerting
more or less influence in holding up prices.
The board at the close showed net gains
of 2 points on September and 8 to 9 on
the other months.
New Orleans, September 10.—Cotton fut
ures steady. September 10.34@10.35; Octo
ber 9.G8(ff9.09; November 9.45(89.60; Decem
ber 9.57(89.58: January 9.00(89.61; February
9.61(89.63; March 9.64T«9.65.
New Orleans. September 10.—Cotton
steady; sales 1300. Ordinary 7 11-16; good
ordinary, 9; low middling 10: middling 10%;
good middling 10%: middling fair 11%; (
nominal. Receipts 824; stock 10,800.
Daily Statement
Mobile—Quiet; middling, 10%; sales, 300;
receipts, 128; stock, 1619.
Savannah—Steady; middling. 10%; sales,
758; receipts, 2263; stock, 10.716.
Wilmington—Steady; middling, 11%; re
ceipts. 62; stock, 1088.
Norfolk—Steady; middling, 11%; sales,
6; receipts. 113; stock, 280.
Baltimore—Nominal; middling, 12; re
ceipts, 50; stock, 251.
Boston—Steady; middling. 12.25; net re
ceipts. 10; gross. 520.
Philadelphia—Steady; middling, 12.50;
receipts, 50; stock, 885.
St. Louis—Quiet; middling, 11%; sales,
2; stock, 1088.
Galveston—Quiet; middling, 11; sales,
1550; receipts, 1880; stock, 5340.
Memphis—Nominal; middling, 11; re
receipts, 6; sales, 50; stock, 1216.
Liverpool Market.
Liverpool, September 10.—Spot cotton in
I increased demand; prices 2 to 10 points
| higher; American middling fair, 6.86; good
middling, 6.04; middling, 6.26; low mid
dling, 6.04; good ordinary, 5.74; ordinary,
5.54. N
The sales of the day wore 8000 bales,
of which 500 were for speculation and ex
port and included 7200 American.
Reecelpts, none. Futures opened steady
and closed quiet. American middling,
g.o.c,: September, 5.83; September-Octo
ber, 5.5705.58; October-November. 5.32;
November-December, 5.2305.34; Decomber
January, 5.2005.21; Jannary-Febrnary,
5.19; February-Mareh, 5.1805.19; March
Aprll, 5.18; April-May, 54705.18.
Jry Goods.
New York. September 10.—The market
for dry goods has presented slightly more
life as far as purchases of spot goods are
concerned, while the activity in print
cloths Is exercising the market, fairly
large sales having been reported by prom
inent printers. Jobbers continue busy and
reports from the country are favorable.
Baxte A Co.’s Cottor. Letter.
New York, September 10.—The market
opened higher under the lead of good
cables. The recent decline was looked
upon as unwarranted. The weather In
the south was pretty good east of the
Mississippi so far as shown by the map.
but In the southwest the temperature
was too low from Oklahoma to Ablllene.
Furthermore despite the good showing
every day as to rain and moisture ;he
reports from people in position to Judge
are to the effect that the crop is not
nearly so well as It has been and in fact
lias been losing ground right along, more
especially in Georgia and Mississippi.
Texas also hgs failed to recover from
the effects of the weevil and people there
are confident the crop will not prove
greater than last year. The market was
quiet after the opening, but there was
fair buying by southern housps. Re
ceipts were expected to run small, but
not so small as they have been. Today’s
estimates are but 7000 as against 28.000
last year. In the Liverpool market j
prices advanced 3 to 8 points. Galveston (
received only 1880 bales against 10,200 last
year, and New Orleans 714 against 3500
last year.
Cothran A Co.'s Cotton Letter.
By Gilbert & Clay.
New Orleans. September 10.—Private ca
bles advise Alexandria as a prominent
factor in the advance recorded in the
English market this morning, heavy buy
ing being Indulged in by Egyptian opera
tors, influenced by bullish cables sent
from this side. Manchester reports or
ders at low llmts for cloths with buyers
of yarns holding off. Silver records an
other advance to 26 9-16d. Our private
crop accounts continue to be anything
but encouraging and the interior is offer
ing less freely even though spots seem to
be seeking a lower level which, however,
is easily explained by the wide disparity
and as we stated on yesterday it's a far
cry from the present price to that of the
December option and it is decidedly an
open question whether or not the producer
will rush his product to market at a con
siderable discount as compared with the
price at -which the season is started. On
this question largely hangs values, Irre
spective of the final yield. The week end
figures tomorrow may show' a further
decrease, even though the time Is past
w'hen the visible supply usually starts to
Increase, as the Insight for the w'eek will
figure in the neighborhood of 75,000 ns
against 225.000 for th<- w’cek otic y*-ar ago.
Sentiment today seems to be more evenly
balanced and ns a consequence the mar
ket was decidedly nervous and easily in
fluenced,. There was some disposition
manifested to hammer prices ami spas
modic short covering, the final result be
ing a net gain of 0 to 9 points for the
day. Traders generally seemed more In
clined to note crop reports than for some
days past and as the new's from the fields
Is not of an encouraging nature we lvjok
for higher values with reaction from time
to time and suggest purchases on declines
as most likely to prove profitable, until
t..e attitude of the farmer becomes more
clearly defined.
New York Cotton Futures.
Open. High. Dow. Close.
January .... .. 9.69 9.78 9 65 9.73
February. 9.74
March. 9.68 9.76 9.65 9.74
April. 9.74
September .10.80 10.81 10.65 10.78
October. 9.82 9 94 9.78 9.85
November .. .. 9.71 9.79 9.66 9.74
December. 9.68 9.80 9.67 9.74
The Metal Market.
New York. September 10.—Spot tin was
fis higher in London at £122 r.s. and fu
tures remained unchanged at £121. Local
ly. tin was firm with spot quoted at
$26.87Vi@27.
Copper was unchanged in London; rff>ot
closing at £57 17s Cd and futures at £57
20s Cd. Locally, copper was quiet. Lake
Is quoted at $13.75; electrolytic at $13.G2V4
@13.75; and casting at $13.37V4@13.60.
Lead, like copper, was unchanged In
the English market, closing at £11 Gs 3d
and locally It was firm at $4.37.
Spelter remained unchanged in London
at £21 2s Cd, and in New York at $G.
Iron closed at 51s 3d in Glasgow and at
4'»s 3d In Middles boro. Locally iron was
quiet; No. 1 foundry, northern, is quot
ed at $17; No. 2 foundry, northern, at
916.60; No. 1 foundry, southern, and No. 1
foundry, southern soft, at $15.50@16. War
rants are nominal.
The Live 3tock Market.
Chicago, September 10.—Cattle: Re
ceipts, 8000, Including 1500 Texans and 200
westerns; active and stronger. Good to
prime steers, $5.50@6.05; poor to medium.
$4®5.25; stoekers and feeders. $2.50®4.15;
cows, $1.50@4.60; heifers, $2@5; canners,
.$1.60@2.T6; hulls. $2«i4.50; calves, $3.50®
C.80; Texas fed steers, $3.26@4.65; western
steers, $3.25@4.50.
Hogs: Receipts, 1G00; lower. Good to
choice heavy. $5.80@6.20; light, $5.75® 6.30
bulk, $5.70@6.
Sheep: Receipts. 24.000; steady. Good
to choice wethers, $3(u3.C5; fair to choice
mixed, $2@3; western sheep. $2.75@3.70;
native lambs, $3.50@S.50; western lambs,
|3.50©5.25.
Cincinnati, September 10.—Hogs dull,
lower, $4.25@6.15; cattle dull, $2@4.86;
sheep steady, $1.5003.40; lambs strong’
$3.75® 5.75.
Naval Stores.
Savannah, September 10.—Turpentine 54
4-5; receipts 457; snles 2075; exports Go.
Rosin, firm; receipts 2203; Hales 951); ex
ports 475. A. B, C, 176; D, 185; E, 190; F,
195; G, 205; If, 255; I, 315; K, 345; M, 350;
N, 355; WG, 370; WW, 385.
Wilmington, N. C., September 10.—Spir
its turpentine nothing doing; receipts 59
casks. Rosin ltrm, 170. 175; receipts 204.
Tar. firm, 175; receipts 87. Crude turpen
tine firm. 175, 370 and 370; receipts 39.
Charleston, September 10.—Turpentine
nominal. Rosin steady. A. R. C. 175; n,
180; E, 190; F, 195; O.' 205; H. 240; J. '29O;
K, 320; M, 320; N. 330; WG, 340; WW. 360.
Cotton Seed Oil.
New Orleans, September 10.—Cotton
seed oils, prime refined in barrels, 42%;
off refined in barrels, 37; prime crude loose
36.
Memphis, September JO.—Cotton seed
oil, ear load lots, ^er gallon, prime crude
nominal; off crude 2A(a'M)\ prime summer
yellow, 37; off summer yellow, nominal;
choice cooking summer yellow less than
car load lots, nominal. Cotton seed meal
prime, 20^20.50. Cotton seed cake prime,
20.50.
New York, September 10.—Cotton seed
oil steady. Petroleum steady. Rosin,
firm; strained common to good, 225. Tur
pentine quiet, 57%#5S. Coffee, spot Rio,
firm; No. 7 Invoice 5 3-16; mild, quiet.
j LOCAL MARKETS, J
No changes in cotton quotations were
reported for yesterday. Hales have not
leached any considerable volume. Ala
bama Consolidated preferred stock is
selling at 72-78; Alabama National Bank,
115-120; Avondale cotton mills, 90-95; Bir
mingham Realty, preferred, 55-65; Bir
mingham Railway, Light and Power com
pany, common, 90-92; same company pre
ferred, 106-108; First National Bank, 300
325; Republic Steel, common. 11-13; Rloss
Sheffield. common, 31-35; Sloss-Sheffield,
preferred, 78; Continental Gin company’s
bonds are quoted at 80-87; Georgia Rail
way and Electric, 97-100; Sloss iron arid
Steel, first mortgage, 105-108.
Staple groceries continue quiet, and all
prices are firm. ,
No developments are reported along
Morris avenue. Chickens are command
ing a fancy figure and trade is fairly
good for this season of the year. Fruits
arc more plentiful than there is a de
mand for.
Lnraf Market.
Corrected Daily by W. D. Nesbitt A Co.
Good middling. ..11
Strict middling .10%
Middling.10%
Strict low middling.10%
Low middling . ....10%
Lot I Iron Market.
IF .$12.50
?F . 12.00
3F . 11.50
4F .11.00
Grey Forge .10.75
IS .12.50
2S .12.00
Mottled .10.50
Local Securities.
Corrected by Caldwell & Ward.
Stocks.
Bid Ask**4
Ala. Consolidated, com. 20 30
Ala. Consolidated, pfd. 72 78
Ala. National Bank .115 120
Ala Steel & Ship Bldg., pfd.... 80 00
Ala. Steel & Wire com. 00 110
Ala. Steel & Wire, pfd.200 3U0
Ala. Trust and Savings Co....115
Ala. Trust and Savings Bank.110 115
Avondale Cotton Mills . 90 95
Avondale Land Co. in 45
Auditorium . 20 85
B’ham Trust A Savings. Co....155 160
B’ham Ice Factory Co.100 115
B’h?vm Realty, com.60 65
B'ham Realty, pfd. 55 65
B’ham R , L. & P., com 90 92
B’ham R., L. A P., pfd.106 108
Bessemer Land and Imp. C.... 30 33
Dtmmlek Pipe Co.155 165
East Lake Land Co. 30 50
Ensley Co .300 500
Ensley Land Co., new. 60 100
Ensley Land Co., nld. I >
First National Bank .300 325
Gerogla Ry. and Elec., com.... 27 M
Georgia My. and Elec., pfd.75 78
Gray A Dudley Hardware Co,...107 110
Hotel Hillman .50 60
Jefferson County Sav. Bank...115 126
Martin Cracker Co.112 1U
North Birmingham Land Co.... 26 30
People's Saving!* Rank ......... 11# 11*
Republic Steel, com . 11 13
Republic Steel, pfd.. .... GO 63
Roberts & Son.. Inc...110 150
Sloss-Sheffield, com .31 36
SlosB-ShefCield, pfd.#,. 78 85
Tennessee Coal and Iron . 42 45
Bonds.
Ala. Consolidated.90 100
Ala. Steel and Shipbuilding ... 9® 38
Alabama State Bonds
Class A.103 105
Class B.103 105
Class ..33 102
Funded 4s ..*107 110
B’ham Realty, .. 36 98
B'ham Realty, prior llena.....#. 97 100
B'ham Ry., L. A P. Co.100 102
B’ham Ry. A Elec. Co.105 108
B’ham Water Works Co.108 112
City of Birmingham 6s .98 104
City of Birmingham 6s .108 113
Continental Gin Co... 80 87
Country Club 6s . 100
Georgia R. and Elec. Co.07 100
Jefferson bounty Bonds
Four and a half.. .. ..100 103
Fives .102 109
Sixes .U0 114
Southern Club 6s. 75 S3
Sloss I. and S., first mort.105 108
81 oss 1. and S.. gen. mcrt.75 W
Tennessee Coal and Iron?
Gentral mortgage., 82 88
Tennessee Div. 102 106
Birmingham Div .1M 107
Cahaba Coni Div .102 104
I Debardeleben Div ..100 101
Williamson Iron Co. 66 80
Local Staple Srocerlea.
Apples—Western evaporated. 7Vi®8V4c.
Flour—Fancy patent. $4 75; half patent.
$4.50.
Sugar—Granulated, 5Vic; Y. C., 4%c.
Coffee—Green, /HtFlVfcc. Arbuckie'*.
packages, $10 SO; JLlon packages. $10.30;
Cordova packages. (10.30; Porto Rico,
$10.30.
Meats—Dry salted ribs. 9Vic; dry salted
I rib bellies, 10c; hams, fancy, 14*4c; med
I ium, 13c; extra clears. 9Vic.
Lard—Leaf, 9%o.
Compound Lard—Snowdrift, 7%c.
Molasses — Centrifugal. l;.(Gdoc; sugar*
house. 40c; Georgia cane. 36c.
Beans—Navy. 12.50 per barbel; Moil 8®
(Vic per pound.
Pearl Grits-12 lbs.. $1 66.
Feed Stuff.
Meal—Bolted. $1.20; water ground. $1 25.
Hay—Per ton, timothy No. 1. $18: clo
ver, mixed, $16.50; prairie, (13.00; Johnson
grass. (14.
Corn—Mixed, 70c; white. 73c.
Cotton Seed Meal—Per ton. $22; Hulls,
per ton, $7.60.
Bran—Pure wheat, $21; shorts, $23;
hnminy feed. $21.00,
Oats—White, 48c; mixed, 47c.
Fruit and Produce.
(Corrected daily by C. F. Bell & Co., 2018
Morris avenue.)
Oranges—Per box, $4 to $4.50.
Lemons—Per box, extra choice, $3.25®
3.75; fancy, $4.
Limes—Per 100. 750(031.
Pineapples—Per crate, $2.75®3.
Bananas*- Per bunch. cull** *0©75e;
s ^irhts $l.Jn®1 50.
Keifer Pears—Per barrel, $2.25.
Peaches—California, $1.25 per 20 pound
box.
Pears—California Bartlett, $3.00 to $3.25
per 40-pound box.
riums—California, $2 per 25-pound box.
New Apples—Per barrel. $2@3.
Cantaloupes—Georgia, per crate. $2®
2.50; Missouri, per crate, $2; per basket.
60c.
Watermelons—6 to 12c each.
Cabbage—Virginia grown, per lb, lVic.
Cucumbers—75c to $1 per crate.
Tomatoes—Alabam per bushel, 60 to
75c.
Green Beans—Per bushel, 75c.
Peanuts—Fancy, per pound, 6V£e; No. 2,
4 Vic.
Pecans—Per p:n*nd. 10c.
English Walnuts—Per oound, 15c.
Rnisins—Per box. $1.70.
Irish Potatoes—Per bushel, 75®80e.
Sweet Potatoes—Per barrel, $2@2.50.
Onions—Per pound, new southern, 2c.
Lima Beans- Per round. 6c.
Navy Beans- Per bushel. $2.60^2.75.
Poultry—best fryers. 25c; medium, 15®
20c; small. 10®12V£c; hens, 25®30c.
Butter—Best Elgin, 25c; best country,
15018c; cooking, S®10c; Jersey, 18®20c
Eggs—Fresh, 20c.
Honey—In comb, 10®12V4c; strained, 8®
10c.
Wo make all kinds of cuts. The
Age-Herald Engraving Co.
RAILWAY SCHEDULES
In Effect june 14, 1903.
Arrival and departure of all trains at
Union Passenger Station. Birmingham,
Ala.
L. & N.—North.
•No. 2. Fast Mali. N. O. .(12:10 pm|13:2S pm
•No. 4. Fast Mall. N. O..I 9:07 pm I 9:15 pm
!No. 8, Decatur Accom..|.| 5:00 pm
I No. 10, Montg’y Ac'm.| 7:46 pmj..
South.
f a i - ♦
’No J. il’aar Mail On .1 * e* nm' 5:33 am
INo. 7. Decatur Arcom.,| 9:28 ami.
•No. S. Fast Mall. Pin....I 8:26 pm| 3:40 pm
!No. 9. to Montgomery...|.| 6:26 am
BIRMINGHAM M IN FRAL—North.
! Arrive
•No. 40. nincton Arcommodntfon. J10-4R cm
•No 4?. Tnnt Mali. ttlncton.f MU pm
!No. 45. Altoopn Accom .| 9-RR am
'No. 102. PTocton Arcom.j fi:30 pm
outh.
•No. 41. to Ulncton.| 8:50 am
'Vn 4? f. f 4.^| rr-m
'No. 44 Altoona Acenm.I 2:191 pm
No 101 Plnntnn Arcom ....I 6*30 ere
A. G. S.—North.
I A rrt ve I D'"'*1 • •
•No ", Fast Mi'll N O I 8-io nm' 2-48 »-r
■No 4 Pan-Am V.'.I J I’k nnl 460 nm
•No. 0 Phattannoea Ac na.aa rwi n>T,
•No. 8. Meridian Aacom.. 111 15 pmt..
Perth.
. I A r»1,.n I a,.,.
•No. 1. from Plnclnnatl. Itn-»n nmlin:?* nm
•No. 5 Pnn-Am, Special. i1f>-10 am'10:1S am
•No. 5. Mer'dlan .Accom .112*46 pm' 4:30 am
•No 7 Meridian Aacom ' ! 5:48 am
SO. RY. NORTH AND FAST.
| Arrive I Depart
•No 15 Prrnnn Acenm 110:15 ami.
•No 50. Stall and Ft. 1 |
from Selma .I 9:00 nm!.
•No. 52 Fxnress .I 5:30 ami.
•No 22. Anniston Arrom I.I 3-45 pm
•No. 35 Mall and Ft.I 4-00 pml 4’10 pm
•No. 38. Stall and Ft_I 6:30 am' 0:10 am
No. 98. Fast Mall .|.111:30 pm
80. RY. SOUTH AMD WEST.
I Arrlvs | Depart
•No. 15. Porona Arrom...1.13:40 pm
•No 19. Mall and Ft. | j
to Selma .1.| i.n) „m
•No. 21. Anniston Arrom.l 9 58 ami.
•No. 21. Fxpress .|.110:35 pm
•No. 31. Mall and Ft. . .111:45 a m|12 25 pm
•No. 37. Fast Ma'I.I 9.58 pm!10:20 pm
No. 97. Fast Stall .I 6:20 ami.
TRIS.O SYSTEM.
K., C. M. is B.—- East.
I Arrive.
•Ne 20'. B.uthcastern LI ml I si .1 3:66 pm
•No. 203, New York Kxpres*.| 5.4c am
•No. 203. Winfield Accom.110:00 am
Fast Lino to .\ansa City.
Woot.
(Depart
No. 206. Bouihraatern Limited... |12:»j pm
•No. 204. New York Kxpres* .ilO:ao pr>,
•No. 210. Winfield Accom.j 4:80 pm
CENTRAL OF GEORGIA—East,
I Depart
•No. 2. to Macon .( 0.40 are
■No. 4. to gavann.tn..| 4.00 pa
West
I Arrlv*.
•No. 1. from Macon .8:43 pm
•No. 8 from Savannah .112:20 mu
Train* marked thus (•) ere dally; thu*
(I) dally except Sunday. All trains run by
central tlm*.
Condensed Report to Comptroller
The FIRST NATIONAL BANK of Birmingham, Ala
June 9th, 190J
RESOURCES.
Loans and discounts.$3,438,275.67
Overdrafts. 303.53
U. S. bonds and premiums. 369,500.00
Other stocks and bonds... 11,300.00
Hank building. 51,000.00
CASH
In vault.$ 574,265.34
With banks... 1,172.124.91
With U. 3.
Treasurer .. ’3.40U.00
$i,761,790
$5,632,169.45
LIABILIT.eS.
Capital stock.$ 300,000.0a
Surplus anil profits. 348,23/4*/
.' .eserved for taxes... 3,664.03
Circulation. 300,000.03
UtHOSITS
Individual_#4,0/4,79/JO
Bank . 566,480.28
t’nited States. 60,000.00
#4,680,277J3
#5,632,169.43
W. P. G. HARDING, President.
J. H. WOODWARD, Vice-President J. H. BARR, Vice-President
W. W. CRAWFORD, Cashier. A. R. FORSYTH, Assistant Cashier.
Accounts of firms, corporations and Individual; solicited. Particular at
tention paid to out-of-town accounts. Foreign exchange bought onri sold. In*
terest allowed on certificates of deposit. United States depositary.
Jefferson
County
Savings
Bank,
Birmingham *
Capital, ¥100,000.00.
Undivided Profits, 70,000.00.
Accounts of banks and bankers,
merchants, individuals and corpora
tions solicited.
Special attention to collections.
Interest allowed on savings and time
deposits.
C. F. ENSLEN, President.
O. E. THOMAS, Vice-President.
E. P. ENSLEN, Cashier.
E. K. CAMPBELL. Counsel.
- 11 ——^—apn
EDUCATIONAL.
ST. BERNARD COLLEGE,
/Year Cullman, Alabama,
COMMERCIAL and CLASSICAL COURSE.
A first-class boarding school for boys and young men, situated in the most
healthful part ot the south, on the top of the Sand Mountains. Its aim In
the formation of character by moral and Intellectual training, combining
sound Instruction with a needful amount of physical exercise. For cata
logue apply to.
The Re v. DI rec tor,ST- BEA^AARD
PRIVATE SCHOOL FOR BOYS.
Prof. John Savage will open a preparatory school for boys, Monday, Septem
ber 28, 1903, at the corner of 19tii street and 5th avenue.
Bo>s and young men prewired for Tuscaloosa. Auburn, West Point, Annapolis
and the leading colleges and universities of Virginia and New England.
Professor Savage refers to Judges N. B. Feagtn and Samuel E. Greene and
to Messrs. T. H. Molton. VV. J. Cameron and Ignatius Poliak of Birmingham,
and to Governor W. C. Oates and Congressman A. A. Wiley of Montgomery.
UNIVERSITY HIGH SCHOOL
WILL OPEN ITS FIFTH SESSION
/-^ MONDAY. SEPTEMBER 21 --v
— ... f--—!_L —!—!—-ILL— —-- . -- —■— .
TEN LEADING COLLEGES,
including Harvard, Cornel), Vassar, Lehigh and farduo, will be attended
this year by pupils who were prepared at
THE TAYLOR SCHOOL—COEDUCATIONAL,
William P. Taylor, A. B. (Yale), Principal.
No school In Birmingham has such a high :cor_.
Development of character Is the foremost ami and the personal concern
of the teachers.
Music in charge of Prof. Henry Taylor Slants.
Finest School Gymnasium In the slate.
To strengthen still more its exiellent work the school will hereafter
limit Its numbers to
FIFTY SELECT PUPILS, IN SMALL CLASSES,
under the care of the principal and his wife.
Pupils of ability prepared thoroughly In one year for the Sophomore
or Junior classes at Auburn and Tuscaloosa.
The principal will receive a few resident pupils Into his family.
Thirteenth Session opens September 21.
For Catalogue telephone 290 or address
1215 South Nineteenth Street.
THE SEMPLE SCHOOL FOR GIRLS
Near Riverside Drive and Central Park,
NEW YORK.
Exceptional advantages for those valuing highest standards. School of
elegant appointments, with surroundings of culture and rennement. Ses
sion opens October 7. For catalogue address
MRS. T. DARRINGTON SEMPLE,
323 West, Seventy-seventh Street, New York City.
9-0 su-wed-fri lm
HOWARD COLLEGE,
EAST LAKE, ALA.
Organized nnd chartered 1S11. Graduates among the lenders In all voca
tions. Location mpst healthful. Moral and religious Influences unsurpass
ed. Thorough Instruction In English. Public Speaking, Mathematics, His
tory, Ancient and Modern Languages, Mental nnd Moral Sciences. Physics,
Chemistry, Biology, and Bookkeeping A wcll-epnlpped gymnasium, with a
first-class Instructor. Cleon and manly athletics encouraged. Military
system unsurpassed.
Faculty, able and progressive, nnd Increased for 1903-1904. A large
and magnificent new dormitory, elegantly furnished, ready In September.
Three members of faculty room and board on campus. Session begins Sep
tember Iff.
For rooms and general Information, address
E. P. IIOGAN, A. 1*. MONTAGUE, East Lake. Ala. 9
Birmingham, Ala. 7-l#-14t-su-wed-frl ■
STATE NORMAL SCHOOL
JACKSONVILLE, ALABAMA.
A School for Teachers.
Tuition Free.
Twenty-first Year.
beard $10 per Month.
Session begins September 15, 1903,
Prepares for the State Examinations in
January and July, which are bold here
For catalogue, address
C. W. DAUGETTE, President.
6-Z4-we-fr.sti-wby-tf
Excelsior Steam Laundry
DOE3
EXQUISITE WORK
r •SORGE A. BLINN A 80N.
fggf Aaoond Avenue. 'Phone
We make the nest c li In tow n. Age
■iciald Engraving Jompany.
INDUSTRIAL AND ANALYTICAL
CHEMISTRY.
The demand for practical chemists,
graduates of the Schools of Chemistry
of the University of Virginia, exceeds
the supply. All who have thus gradu
ated within the past few years have
been promptly located as chemists for
iron furnaces, phosphate works, sugar
and oil refineries, or similar industries.
An Industrious and intelligent young
man, trained to study, can make the
whole course in one year. For further
information apply to
J. M. PAGE,
Chairman, Dniversity Station,
Charlottesville, Va.
All iviinif- i »* . ini
(raving Department