The Birmingham age-herald. [volume], February 11, 1913, Image 13

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

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

                
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LESSfAVORABLE
National Railways of Mexi
co First Preferred Breaks
Over Four Points
New York. February 10.—The un
dertone of the stock market weakened
today ami a number of representative
issues, such as the Harrimans. Read
ing, St. Paul, Lehigh Valley and Smelt
ing, dropped back a point or more.
Speculation was marked by the lassi
tude which has prevailed recently and j
at no time was the list subjected to:
severe pressure. The day’s movement!
consisted of a slow, dragging decline.
The market situation was somewhat i
less favorable. Outbreak of the revo-r
lution In Mexico led to some selling
by the trading element of stocks of
corporations operating in that republic, j
National Railways of Mexico first pre- i
ferred broke over 4 points. •*
Another development which favored
the bears was the tightening of money
rates. Call money climbed to 4 per
cent, the highest rate since the first
week of the year. While there was no
quotable change in time money rates,
the tone was appreciably firmer. For
eign exchange rates were easier. Such
a change in the money market was
foreshadowed by the poor bank state
ment of Saturday—which showed that
the surplus reserve had been virtuely
cut in two.
The foreign financial situation and
the probability of further exports of
gold also are of direct Influence on the
money market here. A tightening of
1‘S.tes, however, is of less sesipus con
cern to stock market operators than
would be the case were speculation on
a large scale. On the present basis
requirements to finance speculation are
comparatively' small.
The steel corporation reported a de
crease of nearly 105,000 tons in un
finished orders at the end of January,
the first shrinkage since last March.
The showing was in keeping with gen
eral expectations and as tlie orders
hand aro sufficient, It is estimated, to
keep the mills busy for eight months,
tlie decline was hardly considered of
serious moment.
Continued selling of Southern Pacific
forced it still lower, the price touch
ing 103, the bottom figure since 1908.
A few specialties showed strength. Can
rose over 2 points and Union Bag pre
ferred 7 points.
Bond prices In the main were lower.
Total sales, par value, *2,250,000.
Panama 3s declined U on call.
Bonds
U. S. ref. 2s, registered . 101
U. S. ref 2s, coupon . 101
li S. 3s, registered . 10-2’i
U. S. 3s, coupon . 102*1
U. S. is, registered .. 11344
U. S. 4s, doupon . 11374
Central of Georgia 5s ... 107
Illinois Central 1st ref. 4s .... 96
Louisville & NasXville pn. 4s ....98*4
Seaboard Air Line adj. 6s .... 73"i
Southern Railway 6s . 106
Southern Railway gen. 4s . 78
New York Money
New York, February 10.—Money on call
3444 per cent; ruling rate, 3 per cent; clos
ing bid, 3H, per cent; offered at 4 per cent.
Time loans strong; GO days, 4<Et4,4 per cent;
90 days, 4*iSj4% per cent; 6 months, 4’Zi'ani
per cent.
Prime mercantile paper, 4U4i5 per cent.
Sterling exchange weak, with actual busi
ness in bankers' bills at $4.83.20 for 60
day bills and at $4.87.50 for demand. Com
mercial bills, *4.8274. Bar silver, suje.
Mexican dollars, 48He. Government and
railroad bonds easy.
Treasury Statement
Washington, February 10.—The condi
tion of the United States treasury at the
beginning of business today was: Work
ing balance, *79,926,591; in banks and treas
ury of tlie Philippines, *34,291,838; total of
genera! fund, *148,145,776; receipts Satur
day, *3,261,972; disbursements Saturday,
*3,668,610; the surplus for fiscal year is
JG.957,692, against a deficit of *22,273,051
last year. The sums for receipts and dis
bursements exclude Panama canal and
public debt transactions. ,
London stock Market
London, February 10.—Discount rates
and money steady. Apart from the min
ing carry over stock exchange trading
was small at irregular price changes. Be
fore-noon realizing depressed American
securities. Amalgamated copper im
proved, Canadian Paellle declining 1 point.
The remainder of the list eased off, clos
ing quiet. '
American securities opened steady and
a fraction higher today. Later realizing
depressed most of the list and at noon
prices ranged from ’,4 above to ®4 below
Saturday's New York close. Mexican
shares were weak on reports of the rev
olution.
Consols for Money
London, February 10.—Consols for
money, 7411-16; for account, 74%d.
Illinois Central, 12814; Louisville and
Nashville, 14214; Southern Railway,
2764, Bar silver weak, 28 7-16d per ounce.
Money, 4V4@46i per cent. Discont rates,
short bills, 4 lf-18@5 per cent. Throe
months, 4 13-16@474.
German Exchange
Berlin, February 10.—Exchange on Lon
don 20m 47l4P for checks; money. 4L per
cent; private rate of discount, 61» per
cent.
Bank of Germany Statement
Berlin, February 10.—The'Veekly state
ment of the Imperial Bank of Germany
shows the following changes: Cash in
hand, increased 4,580,000 marks; loans, de
creased 32,394 marks; discounts, decreased
76.262.000 marks; treasury bills, decreased
10,916,000; notes in circulation, decreased
82.531.000 marks; deposits, decreased 37,
345.000 marks; gold in hand, decreased 987,
UOO marks.
French Exchange
Paris, February 10.—'Three per cent
rentes, 89f 714c for the account. Exchange
on London, 25f 24c for checks; private rate
of discount, 4 per cent.
Metal Market
New York, February 10.—Spot copper
steady; spot and February, $18.40 bid:
March and April, $14.o0@16; May, $15; elec
tiolytlc, 15.75*316.25c; lake, lC@16.25c; cast
ing, 15.50c.
Tin quiet; Spot, February, $49.507119.75;
March, $49.10*3*49.37; April, $44,757/49 10.
Lead steady, $4.26@4.3S.
Spelter weak. $0.40*3*6.50.
C'ookson's antimony easy, $9.25649.50.
Iron quiet; No. 1 northern, $18.50® 18.75;
WE BUY
County, City, School Improve,
and Corporation Uonda aud
American
'atoee & Bond Co.
? A **•**•♦•««• BMf.
tMTWOfTAM. ALABAMA
JAKD BEOS. & CO.
-hants, Hanover Square, J»,
s New xiprk Cotton Eg.
Orleans Cottwn Exchange,
-uvluce Exchange. Aaso
■s Liverpool Cotton Asso.
era solicited tor the pur
'e of Cotton and Cotton
uture delivery. Special
liberal terms given {or
of spot cotton for I
londence InvItoS.
__THE CLOSING STOCK LIST
__ Sales. High. Low. Close.
Amer. c. Rys. . . .. 777! 777—43“
A mat Cop.7200 72=4 72 % 72%
Amer. Agri. 51
Amv. B. S. 200 37 % 37% S7
Amer. Con ,...17300 42 39% 41%
a° I’M .300 120% 125% 125'
A. C. & F. 200 54% 53% 53
Amer. Cot. Oil . 300 51% 53% S3
Amer. Cot. Oil . 500 51 % 50% 50%
Amer. Ire Sec. . 600 £3% ~
Amer. Lin.. 77.. 76%
Amer. Loco. 200 39% 39% 3814
A. S. & R.1600 73,^ 73% 72=r
4 do PM . 100 IO6A4 106% 106%
A- I!.100 116 116 116
Amer. T. & T. ..4600 132=4 132% 132%
Amer. Tob. 400 2S2% 281 281
Ann. Min. Co. . 400 37% 37% 37%
Atchison . S00 103 % 103% 103%
4 do PM .101 %
A. c. L. . 100 129=4 129=4 129
B. & O. .. 300 102% 102 101%
Beth. Steel . 37
B. R T. . 100 90 90 S9=4
Can. Pac.4300 239% 237% 237%
Cen, Leatli. 500 29 2S% ‘S’.
f<- & Q..7. 77%
Chi. G. TV.100 16% 16% 16%
C, M. & St. p. . 700 11% 110% 110%
C. & X. IV.40U 136% 136 135%
P. & 1. 1400 39=4 88% 37%
Con. Gas . 100 137 137 137
Corn Prod. 200 15 14% 14%
D. & H.162
D. & R. G. 20=4
do pfd .*...,. 27
Dis. Sec. X. 18%
Erie .2500 31 30*4 30*1
do 1st pfd ... 200 48 47% 48
do 2d pfd ..;. 38
Gen. Elec. 300 142 142 141 %
0. N. pfd .2000 129*4 129 129
G. N. Ora Ctfs. 38
1. C. ex div 200 125 124% 124
Inter.-Met. 700 18=4 18% 18=4
do pfd . 300 63 62% 62%
Inter. Har. 300 114 114 111%
Inter-Marine
Pfd . 18=4
Inter. Paper ...1000 12% 12 12
Inter. Pump ... 800 14% 14 14
K. C. S. 200 26 26 25
Laclede Gas. .... 11)3%
Sales. High. Low. Close.
Lehigh Val. _3000 161% 160% 180%
L. & N. 500 138 13S 137
Minn., St. P. &
Sault St*. M. . 100 139 139 139
M„ K. A T. 200 27 27 26%
Mo. Pac. .7.... 100 41% 41% 41
Nat. Bis. 200 119 1 19 118%
Nat. Lead . 100 51% 51% 52
Nat. R.vs. of M.
2d pfd . 300 23% 23% 23%
N. Y. C. 100 107% 107% 107%
N. Y., O. & \Y. . 900 32% 31% 31 %
N. & W.1900 109% 108% 108%
Nor. Amor. 100 80 80 79%
Nor. Pac... 800 119% 118% 118%
Pac. Mail . 100 29% 29% 29%
Pennsylvania ...5500 120% 119% 119%
Peo. Gas .1300 113 113 113%
Pitts., C„ C. &
St. Louts ..100%
Pitts. Coal _ 200 22% 22% 22%
F*. ^ C. ....... ... .... .... H‘2%
P. P. C. ....... 200 101 160% 160
Reading .32300 165% 163% 163%
R. I. A 8. 27
do pfd 37%
R. I. Co.i 200 23% 23% 23%
do pfd . 300 42% 42% 41 %
St. L. & San F.
211 pfd . 10.0 27% 27% 27%
S. A. L :. 200 20 19% 19%
do pfd .. .... 47%
Sloss-Shefr. R.
and Iron .... 100 44 41 43
Sou. Pac. ......21100 103% 103 103%
Sou. Kv. 200 27% 27% 27%
do pfd . 100 80% 80% 80%
Tenn. Cop. 100 34% 34% 34%
rp ^ p ^ ^. . Uftl'g
Union Pac.10500 161 % 159% 159%
do pfd . 300 89% 89% 89%
U. S. Realty .... 100 73% 73% 72%
U. 8. Rub.1400 68 67 67%
U. S Steel ....20700 64% 64% 64%
do pfd .looo iosvi°8"» ios%
Utah Cop. 800 54 53% 53%
V. - C. .. 35%
Wabash . 3%
do pfd .. 12%
■West. Md. 400 44% 44 43%
West. Union_ 600 72% 72% 72
"West. Elec. 200 72% 72% 72%
W. A L. E.. 7 %
[ Total sales for the day, 188,500 share*. j
__ LOCAL SECURITIES
Rate. Bid. Asked.
Ala. F. & 1. 4 62 65
Amer. C. Rys., ptd. « SO S2
Amer. C. Rys. .. 59
Amer. T. & S. Bank .. 8 186 203
Avondale Mills, com . 8 123 139
Avondale Mills, pfd... 8 100 105
Bessemer C. & 1. 4 43 52
B'ham Baseball Asso... 175 200
B’ham Ens. & B., pfd.. 6 44 50
B'ham, Ens. & B., com. 17 25
B'ham Realty Co.4 165
B'ham T. & S.S 250 260
Cham, of Com., pfd..., 7 74 80
Com'l Bank & T. Co.. 96 101
Corey Land . 73 89
East "Lake Land . 55 65
Elmwood Cem. Co. 4 87 95
Empire Imp., com. 8 80 85
Empire Imp., pfd. 8 104 110
Enslev Land. 115 125
First National Bank ..12 258 270
Five Rivers Oil . 27 37
Great Sou. Life . 10 IS
Interstate Casualty .... 7 10
Interstate Fire. 7 10
Jeff. Co. S. Bank.10 165 180
Jeff. Fertilizer . 8 108 120
L. J. & L„ com. 60 55
L„ J. * L., pfd. 7 99 102
M. & M. Bank . 8 130 136
N. B'ham Land . 15 22
Protective Life . 10 It
Prow Oil & Gas. 2 6
Realty Tr. Co., com.... 110 125
Realty Tr. Co., pfd.... 8 100 110
Sou. States Fire . 4 7
Traders Nat. Bank ... 9 165 180
BONDS.
Rate. Bid. Asked.
Ala. Slate ref., 1920... 4 93 102
Ala. State Re^ew, 1956. 314 93 97
Ala. State Renew, 1956. 4 103 105
Ala. Con. C. & 1 . 5 50 TO
Ala. State Fair. 6 75 85
Amer. Cities Rya. 5 93 95
Bess. C. & I. 6 100 103
B'hant, Knsley & B.... 6 73 76
B. R„ L & P. « 103 105
B. R„ & P. 414 89 91
B’ham Ice Factory.... 6 100 106
B’ham R. & K.5 10* 105
B’ham Waterworks.... 5 93 94
B’ham Waterworks.... 6 106 112
City of Birmingham... 5 100 104
City of Birmingham... 6 105 108
Continental Gin. 5 102 106
Country Club . 6 95 100
Jefferson County.5 103 103
Jefferson County.. 6 105 110
Jefferson County.414 100 103
Milner Land Co. 6 100 103
Nashville Railway .... 5 102 105
Pratt Consolidated ... 5 83 S3
Sloss I. & S.6 102 105
Sloss I. & S.4',4 92 95
T. C. I., gen. ratg. 5 101 103
T. C. I., Tenn. div.6 10L 103
T. C. I„ Ship Bldg. 6 103 106
T. C. I., B’ham div.6 101 103
T. C. I.. Caliaba div.... 6 103 107
Woodward, com.6 102 110
No. 2 northern, $18® 18.50; No. 1 southern,
$1S.25018.75; No, 1 southern soft, 818.50.
Copper arrivals. 1845 tons. Exports this
month, 10,086 tons. London copper easy;
sNot, £67 10s 6d: futures, £66 12s 6d. Lon
don tin llrm; spot, £224 10s; futures, £222
10s. Jmndon lead, £16 16s. London spelter,
£25 10s, Iron, Cleveland warrants, 65s
9J in London.
Bullion Taken In
London, February 10.—Bullion amount
ing to £1&',000 was taken into the Bank of
England on balance today.
Live Stock Market
Kansas City, February 10.—Cattle—Re
ceipts, 9000, ineluding 500 southerns;
strong; dressed beef and export steers,
87.5508.69; fair to good, 87.1007.TO; south
ern steers, $6.2507.76; southern cows, $4®>
6.26; calves, $6.50060.
Hogs—Receipts, o«XK>; steady; bulk of
sales, $7.6607.80; heavy, $7.6007.80; pack
ers and butchers, $7.7007.85; light, $7.75®
7.85; pigs, $6.7507.25.
Sheep—Receipts, 15,000; sheep steady;
lambs lower; Colorado Iambs, $808.55;
yearlings, $6.5007.50; wethers, $5.2506;
ewes, $4.7505.50.
Chicago, February 10.—Cattle—Receipts,
10.000, firm; beeves, $6.6009; Texas steers,
$505.85; stoekers, $4.75®7.80; cows and
heifers, $',i,1007.60; calves, $6.75010.25.
Hogs—Receipts, 54,000; strong; light, $7.85
08.30; mixed, $7.8008.15; heavy, $7.7008.15;
rough, $7.7007.86; pigs, $6.6508; bulk of
sales, $808.15.
Sheep—Receipts, 28,000; firm; native,
$4.9006,25; yearlings, $6.6508; lambs, na
tive, $709.
St. Louis. February 10.—Cattle—Re
ceipts, 3900, Including 1800 Texans; steady;
choice to fine steers, $8.5009; dressed and
butcher steers, $5.7507; Stockers, $6.25®
7.25; calves. $4.2507; Texas and Oklahoma
steers, $5.2507.90; do. cows and heifers,
I3.75G6.50.
Hogs—Receipts, 11,000; market higher;
pigs and lights, $6.5008.15; mixed and
butchers, $808.20; good heavy, $8.0508.20.
Sheep—Receipts, 1400; market higher;
muttons. $5.2507.25; yearlings, $707.85;
lambs, $7@9.
Louisville, February 10.—Cattle—Re
ceipts, 1900; market quiet : average steady; j
range, $2®8.
Hogs—Receipts, 3990; steady, 5c lower;
range, $4.5008.03.
Sheep—Receipts, 100; Iambs, 7$Jc down;
sheep, 4c down.
Wool Market
St. Louis, February 10.—Wool steady;
medium grades, combing and clothing,
23M026C; light fine, 19<®21c; heavy fine, 13®
18c; tub washed, 27036c.
Coffee Market
New York, February 10.—Coffee futures
opened steady at a decline of 8 to 15 points
under liquidation .or local pressure, in
spired by weaknek ’n Europe and reports
of further declines l„ the cost and freight
market. Realizing by recent sellers and
a little support from trade sources ab
sorbed the offerings, but only slight ral
lies occurred with the close steady at a
net decline of 6 to 14 points. Sales, 72.750;
February. 12.32c; March. 13.10c; April,
13.17c; Slay and June, 13.25c; July, ]3.28e;
August, 13.33c; September. 13.39c; Octo
ber, 13.27c; November, 13.19c; December,
13.15c; January, 13.16c. Spot, Rio 7s. 1214c;
Santos 4s, 15$4c. Mild dull; Cordova,
I59i®18c nominal. Havre unchanged to >4
franc lower; Hamburg pfennig lower.
Rio unchanged; Santos not quoted. Rio
receipts. 7000. Jundlaby receipts. 6000,
against 8000 last year. Today's Santos ca
bles reported 4s unchanged; Sao Paulo
receipts, 13,000, against 8000 Saturday.
Naval Stores
Savannah. February 10.—Turpentine
firm. 42; 406; rece ipts. 145; ship
ments. 80; stocks. 23.861. Rosin firm; sales.
247; receipts, J42; shipments, 325; stocks.
128,203. Quote; A. R, $5.80^6; C. D. $6; K.
Sfi.OG&tUO; F. 16.15; O. $6.20; IT, I0.154W.2T,;
T. $6.2006.36: K. 56.60; M7 $7; X, $7.0fr \YC,
7.10; WVV, $7.15.
Cotton Seed Oil
New York February 10.—Cotton seed oil
was higher on buyjng for local and out
side speculative^ accounts Inspired f>y
the strength in lard and cotton, together
vHth light offerings of crude. Closing
prices were 1 to 3 points net higher.
Sales 9800 barrels. Prime crude 5.2<Vu5.38c;
prime summer yellow. 6.3206.45c; February
and March. 6.33c; April. 6.34c: Ma>\ 6.38c;
June. 6.39c: July, 6.45c: August. ii.46c: Sep- j
tember. 6.19c. Prime winter yellov*, 6.45c^ |
7.00c; prime summer white, 6.K>g6.90c. I
•
WHOLESALE TRADE
Receipts Ample for Good
Demand—Fresh Produce
Supplies
The week opened briskly with the Mor
ris avenue wholesalers. There were very
few changes in prices and the receipts
were ample for the srood demand. The
produce market continues to get in fresh
supplies dally; yesterday some celery
came in which immediately enjoyed a
brisk sale. Lettuce shipments were also
in evidence and received a lot of atten
tion from the buyers. There continues to
be a large apple stock on Morris ave
nue with a fair demand at moderate
prices. Yesterday's corrected wholesale
quotations follow;
LOCAL QUOTATIONS
Pig Iron
IF .J14.00@14.E0
26’ .13.SO@14.0U
3F . 13.00033.30
Gray Forgo .12.50@13.90
IS .V.. 34.00@14.50
28 ..V.13.80@14.00
Mottled .1.12.80013.00
Local Cotton
Strict good middling . 12T4
Good middling . 1244
Strict middling . 1354
Strict low middling . 11’4
Meat
Lard, 1254c; compound, 8T*c; dry salt
short ribs, 12.57c; bellies, 13.20c; ham
butts, 18c; Boston butts, 1454c; pork loins,
1554c; spare ribs, 13c; breakfast bacon,
22@27c; smoked bacon, 16c; regular ham,
1754c; skinned ham, 1754c.
Fruits and Produce
Apples, fancy winesap. $4.7606 per bbl:;
Ylork and Imperial apples. $3.75 bbl.;
Florida oranges, $2.7503 per box; Califor
nia lemons, JO.50 per box; grape fruit,
$2.7503 per box; tangerines, $4.60 per box
Concord grapes, 17c per pound; California
(Kmperor) grape*. $2.50 per box; Malaga
grapes, In kegs, $5.50@7. Cranberries, $2.7)
box; per barrel, $10. Italian chestnuts,
10c per pound. Limes, fl per hundred.
Irish potatoes, 80@4*5c bn. Onions, red
globe, l%c per lb. Danish cabbage, 15jc
per lb. California celery, 90c per dozen,
$7 per crate. Rutabagas. 154c per pound
Lettuce, $1.3003.50 per crate.
Creamery Products
Country butter, 20025c; fresh creamery
butter, 39c; cheese, 19c, imported Swiss
cheese, 32c; German brick cheese, 20c,
Ilmburger cheese, 19c; Imported roquefort,
37c; Neufehatel cheese, per dozen, toe:
Pimento cheese. 40c; process butter, 20>4c;
daisy cheese, 19c per pound.
Poultry and Eggs
liens, 356«e; live per pound, Itfyjac;
large fryers,'14®15r; medium fryers, 1*6
20e; small fryers, c; ducks, 306 loo;
guineas, 25c; roosters, 25< ; (Jeese, 60670c;
live turkeys, 13620c: fresh eggs, case
candled. 22623c; extra graded candled
eggs. 25626c: cold storage eggs, 17618c.
Rabbits, 52.25 per dozen.
Flour and Breadstuff*
Self raising flour, 56.15; Tennessee flour,
$5.66; Indiana flour, 55.70; Oklahoma flour,
5f,.35; Michigan flour, 66.6J; bolted meal,
per W ll>». 6140; No. 2 corn, per bushel,
76c; pure wheat shorts, 631; pure wheat
bran, *»: C. J». hulls, per ton, 615; prime
C. is. meal, per ton. 63!; r. S. feed meal,
per ton, 636; No. 1 timothy hay. per ton,
522; mixed alfalfa and Johnson grass,
per ton, 520: corn chops, per 100 Ih sack,
51.40; alfalfa iay. per ton, 626; Johnson
grass, per ton. {15; mixed feed, 531; oats,
52c bushel.
Fish and Sea Food*
Red snapper, 10c in bbl. lots; lie In
WHEAT PRICES TAKE
DOWNWARD GRADE
Rain Reports From India
and Mild Weather
Responsible
Chicago, February 10.—Wheat prices
took a downgrade today owing to ruin
reports from Indian and because of
mild weather and of promised mois
ture in the United States winter wheat
zone. The close was easy % @ 14 to *4
Jilic net decline. Oats unchanged to
'4c lower, and provisions S#714c,to
23H” dearer.
Wheat gave way fractions at times.
One reason was dispatches from India
said the rainfall though general had
been limited. In addition there was
fear of renewed bull activity in coarse
grain.
The market could not withstand the
gradual effect of selling due to excel
lent condition In autumn sown fields.
Considerable attention, however, was
given to a big Increase in the number
of cargoes. These are on ocean pas
sage. Smallness of the gain in the
visible supply brought about relative
firmness during the last part of the
dealings. The market at no time got
back to last w-eek’s close. Large re
ceipts made corn heavy. The trade
ignored higher cables and paid no heed
to Argentina. On the other hand oats
during most of the day showed more
activity gmd strength than has been
the case in a long time. Sellers of July
oorn bought September oats freely, a
fact that led to much spreading be
tween the various months. Provisions
rose on large exports and higher prices
for hogs. Stock yard dealers quickly
grasped offerings when the market ex
perienced a temporary dip.
Future quotations were as follows;
Wheat— Open. High. Low. cioseT
May . 93", 94 U *8*4 94
July _ 91 % 92 91 9, 1,434
Sept .... 90’, 9014 90‘, 90”,
Corn
May . 54 64 >4 53 \ 53 V
July .... 64 54 54*4 54 ’, 54
Sept .... 65*4 55*4 55’* 55*4
Oats—
May .... 35”, 357, JO1, :;5’.j
July .... 35*, 36*. 351, 36 Vi
Sept .... 35’, 35*4 35’, .15 *4
Pork—
May ....19.65 19.95 19.65 19.92*4
July _19.65 19.90 19.65 19,90
Lard—
.May ....10.5214 10.G7’4 10.581a 10.65
July _10.55 1.0.671* 10.55 10.671a
Sept _10.60 10.75 10.00 10.75
Kilis —
May .10.50 10.6214 10.50 * 10.6214
July _10.471* 10.6214 10.4714 10.6214
Sept . 10.67 V4
Visible Supply of Grain
New York, February 10.—The visible
supply of grain in the United States Sat
urday, February 8, as compiled by the
New York produce exchange was as fol
lows: Wheat, 64,991,000 bushels, increased
77,000; wheat in bond, 5,266,000 bushels, in
creased 116,000; corn, 12,336,000 bushels, in
creased 2,619,000; oats, 10,863,000 bushels,
increased 1,222,000; oats in bond, 170,000,
bushels, increased 4000; rye, 1,438,000 bush
els, decreased 31,000; barley, 2,786,000 bush
els, increased 75,000; barley in bond, b*,
000 bushels, increased 27,000.
St. Louis Grain
St. XjOuiB, February 10.—Cash wheat
No. 2 red. *1.0801.1244: No. 2 hard, 90©
94o; corn No. 2, 494b06Oc; No. 2 white,
51 ©53c; oats No. 2, 36c; No. 2 white, 354a©
36c.
Close: Wheat, May, 93v,c; July, S95»c;
corn, May. 53;14o; July, 63740154c; oats,
May and July, 3514c.
Kansas City Grain
Kansas City, February 10.—Cash wheat,
No. 2 hard, 86091c; No. 3 red. *101.0544.
Corn: No. 2 mixed, 4904944c; No. 2 white,
51c. Oats: No. 2 white, 3544036c; No. 2
mixed, 3444035c.
Close: Wheat, May, 8844c; July, 86%c.
Corn, May, 53063440; July 6314c. Oats,
May, 3674c.
(■rain Receipts and Shipments
Kansas City, February 10.—Receipts;
Wheat, 122,000; com, 108,000; oats, 38,000.
Shipments, wheat, 66,000; corn, 22,000; oats,
15,000.
Liverpool Grain
Liverpool, February 10.—Wheat, spot
steady; No. 1 Manitoba, 7s 9d; No. 2, 7s
6d; No. 3. 7s 344d. Futures steady; March,
7s Slid; May, 7s 344d; July, 7s 3d. Corn,
spot easy; American mixed, new, 4s lid;
American mixed, old, 44«: old, via Galves
ton. 5s 7d. Futures firm; March, La Plaka,
5s 644d; March, American mixed, 4s 104«d.
St. Louis Produce
St. Louis. February 10.—Flour, hav and
wheat, steady: prairie, *14. Whisky,
*1.40. Iron cotton ties higher, 98c. Ban
ging higher, 10c. Hemp twine, 28c. Pork
unchanged; Jobbing, *17.26. Lard un
changed. Prime steam, *10,1744010.21 c.
Dry salt meats unchanged; boxed extra
shorts, 11c, Clear ribs, 11c; short clears,
H44c. Bacon unchanged. Boxed extra
shorts. 12c; clear ribs, 12c; short clears,
1244c. Receipts; Flour, 15,000; wheat, 164,
<IJ0; corn. 202.000. Oats, 116,000. Shipments;
Flour. 16,000; wheat, 57,000; oats, 37,000;
corn, 44,000.
New Orleans Rice Market
New Orleans, February 10.—Rough rico
firm; clean steady. Sales: Rough, 48
sacks Honduras at *303.75; clean, 1793
upockets Honduras, 34406 l-16c; 600 Japan
at 2740 374c. Quotations: Rough Hondur
as, 40544c; Japan, 304c.
Montgomery Market
Montgomery, February 10.—(Special.)
Cotton was quoted in Montgomery to
day as follows: Strict middling.
12 7-16c; middling. 12 5-16c; strict low
middling, 12 1-ltc.
small lots; groupers, 6c; Spanish mack
erel, 15c; speckled sea trout, 1144c; curp,
roughs, 6c; mullet, B44c; sun perch or
bream, 8V4c; pompano, 20c; mixed fish.
8c In barrel lots; crockers, 644c; fresh
water perch, 844c.
Coffee and Sugar
Coffee— Arbucklcs, *25.06 per hundred
pounds; Lusanne, 27c per pound. Sugar,
standard granulated, 544c per pound.
FOR WENT
OFFICES IN CLARK BUILDING, 4TH
AVENUE A Nil (SIXTH STREET.
I.OI IN V. CLARK 4 CO., AGTS.,
PHONE HOT.
"The City Care Forgot'*
QUAINT HISTORIC
NEW ORLEANS
America's Convention !
and Carnival City
<Xhr JSl. (Charles
Finest All-Year Hotel in the South.
Completely rehabilitated, under now
and efficient management from
Waldorf-Astoria, N. Y. City.
F.urojirsn Plan. Modern. Fireproof
A well ordered hotel for a discrim
inating public traveling cither for
business or pleasure.
Send for booklet of New Orleans.
tLPKRO 9. AMUR A CO., Ltd., Props.
Day’s Trading Is Steady
With Close at Net
Advance
New York, February 10.—The cotton
market was moderately steady to firm
during the day's trading with prices
making new high ground for the move
ment and with the close very steady
at a net advance of 12 to 14 points.
The market opened firm at an ad
vance of 3 to 9 points and sold 10 to
15 points net higher during the early
trading in response to better cables
than due, reports of a belter spot de
mand in the south on Saturday, cover
ing of shorts and support from leading
trade interests. Realising became quite
heavy at the advance which carried
prices something like $2 per bale above
the low level of a week ago with prices
easing off 6 or 7 points in consequence
during the middle of the morning.
The soiling, however, was not ag
gressive and the market firmed up
again after midday on continued trade
support or renewed covering inspired
by Dullish southern spot advices. Trices
made new high ground for the day on
this movement with March contracts
selling at 12.4De, comparing with 12.33c,
the high point of last week, and 11.69c,
the low level of last month. The close
was within a point or two of the top.
Private wires were received from
several points in the south, including
Memphis, New Orleans and Savannah
claiming some improvement in spot
demand and the larger southwestern
markets were Mc higher. Texas wire*
reported beneficial rainfall but advices
from Memphis reflected apprehension*
that heavy rains there would cause re
newed floods. Private cables attributed
the Liverpool strength to continental
buying and smaller offering?.
New' York Cotton Futures
" Open. High. Dow. Child.
...
March . 12.49 12.60 12.48 12.59
April . 12.44
May . 12.37 12.45 12.32 12.44
June .%. 12.26 12.29 12.26 12.33
July . 12.32 12.40 12.30 12.37
August . 12.16 12.23 12.16 12.20
September ... 11.77 11.82 11.77 11.80
October . 3 1.69 11.80 11.79 11.79
December ... 11.70 11.81 11.70 11.79
January . 11.73 1 1.76 11.73 1 1.79
Port Cotton Movement
Galveston: Steady; middling. 12 1 -10,-;
net receipts, 4665: gross receipt*, 4665;
sales, 833; stock. 275,801; exports to conti
nent, 1243; coastwise, 7126.
New Orleans: Firm; middling. 12r-s<-; net
receipts, 274: gross receipts, 274; sales,
1490; stock, 135,261.
Mobile: Firm; middling, 12 7-1(5.-: net re
ceipts, 891: gross receipts, 891; sales, 175;
stock, 28,803; exports coastwise, 2.
Savannah: Firm; middling, 121•; net
receipts, 1315; gross receipts, 1315; sales,
2295; stock, 109,292; exports coastwise, 1117.
Charleston: Firm; middling, 12%e; net
receipts, 217; gross receipts, 217: sales, 500;
stock, 21,799; exports coastwise, 285.
Wilmington: Nominal; middling, l-^e;
net receipts, 530; gross receipts, 7)30; sales,
51S; stock, 19,927; exports coastwise, 129S.
Baltimore: Nominal; middling, 13c;
[gross receipts. Apt; stock, 7704.
New York: Steady: middling, 13.06c;
gross receipts, 3036; stock, 132,753; exports
to continent, 200; stock, 2569.
Boston: Steady; middling, 15.06e; net re
ceipts, 178; gross receipts, 2827; stock, 15,
637.
Philadelphia: Nominal; middling, 13.30c;
stock. 1651.
Brunswick: Stock, 11,481.
Texas City: Net receipts, 2114; gross re
ceipts, 2114; stock, 39,730.
Aransas Pass: Stock, 994.
Jacksonville; Stock, 1828.
Total today, at all ports: Net, 13,141;
exports to continent,. 1443; stock, 848,265.
Consolidated, at all ports: Net, 80,766;
exports to Franca, 7178; to continent, 1738.
Total since September 1, at all ports:
Net, 8,031,894; exports to Great Britain,
2,787.882; to France, 875.443; to continent,
2,467.282; to Japan, 187,629; to Mexico, 3900,
Interior Cotton Movement
Houston: Steady; middling, 1284c; net
receipts, 8867; gross receipts, 8867; ship
ments, 8456; sales, 1269; stock, 145,180.
Augusta: Steady; middling, 1274c; net
receipts, 466; gross receipts, 746; ship
ments, 597; sales, 729; stock, 89,963.
Memphis: Steady; middling, 1274c; net
receipts. 1884; gross receipts, 3306; ship
ments, 2316; sales, 2100; stock, 15,345.
St. Louis: Steady; middling, 1284c; net
receipts, 255; gross receipts, 2090; ship
ments, 1886; stock, 27,897.
Cincinnati: Net receipts, 953; gross re
ceipts, 953; shipments, 378; stock, 2819.
Little Rock: Quiet; middling, 12 7-16e;
net receipts, 107; gross receipts, 107; stock,
40,044.
Total today; Net receipts, 12,522; gross
receipts, 16,068; shipments, 13,629; sales,
4098; stock, 482,619.
Now Orleans Cotton Market
New Orleans, February 10.—Futures
opened steady at an advance of 4 to 0
points on good cables and unfavorable
weather conditions of the cotton belt
today. Too much rain was reported In
tlie western belt and the forecast was
for rain In all sections of tho cotton
region. The market acted short and
buying of covers by short -sellers of
lust week appeared to furnish most of
tlie support, offerings were not llb
oral oven with March standing at 12.68.
At tlie end of'tho first half hour of
business prices were 8 to 13 points up.
Dullness prevailed around the mid
day trading. Prices sagged. Support
was given on this slight fall. Toward
the noon hour the market bad a firm
undertone with little for sale from any
quarter. Reports of a better spot de- j
mand came in from several southern
points and telegrams from New York
claimed that the demand from spinners
generally showed some slight improve
ment. At noon on a moderate business
prices were 10 to 14 points over the
final quotations of Saturday.
In tlie afternoon tlie market was
quiet but very steady. Prices main
tained their upward tendency. Notice
Of tlie failure of Max Schubert was
posted on the floor of the exchange hut
It had no effect one way or another.
At 2 o'clock tlie trading months were
11 to 18 points over Saturday's last
quotations.
New Orleans Cotton Futures
<>p»n. iHuh. Eow! c'). ltd.
February’.... 12.57 . 12.6 1:
jlsrcli . 12.62 12.70 12-cl 12.6'i ;
ilav . 12.51 12.65 12.53 12.61 .
July 12.56 12.69 12.55 12.67,
August • 12.28 12.35 12.32 12.38 1
September ... 11.89 ... 11.97
Octobel - n.76 11.56 1 1.77 1 1.55
December .... 11.81
N'e»' Orleans. February 10.—Cotton
spilt steady l-l«o up. Middling 12V.
Sales on tlie spot. 1260 bales. To arrive,
20o. Low ordinary. 8 V. ordinary,
10 1-lSc; good ordinary. 11 11-1 Ce;
strict good ordinary, 11 15-16o; low
middling, 12V; strict low middling.
12 7.16c; strict middling, 12 13>Hc:
good middling, 13 nominal; strict good
middling, 13 3*16c*; middling fair. 13 V
nominal: middling fair to fair. Ho nom
gai: fair. H V nominal. Receipts, 2711;
stock, 135.261.
Liverpool Cotton Market
Liverpool. February 10.- Spur cotton'fair
demand. Prices firm. Ameri -an mid
ClinK fair. 7 53d: good middling, 7.It'd;
middling, «.f*7d: low middling. 6.7151; good
ordlnay, 6.39d, ordinary, $6.d5d, agits,
The First National Bank
of Birmingham, Ala.
STATEMENT, TUESDAY, FEBRUARY 4, 101.1
RESOURCES
Loans an<l discounts.• 9.375.332.35
Overdrafts . .. 3s7.n1
U. S. bonds and premiums ],.".od,ooo.nn
•State ofs^Alabama bonds.. 2U4.li0o.no
Other stocks and bonds... 030,000.00
Banking house . 232,300.00
CASH—
III vault . . . *1,237,003 20
With banks. 2,101,007.03
With U S. Tr. SO,450.00— 3,420,201.13
*1^837,488.00
LIABILITIES
Capital stock .1,500.000.0#
Surplus and profits. 1,I17j840JS
Circulation . 1,250,000.0#
DEPOSITS—
Individual ..#9,373,««1.04
Hank . J,4S5,9SI.50
U. S.. J00,000.00— 10,930,013.14
«15,327,4S3.6#
"■I Harding, I're«. J. H. H'oodivurd, Vice-Pren, Thomas. Hopkins, Cash la#
J. H. ISnrr, Vlee-Pres. -
SAFETY FIRST
“The best security on earth 13 the earth itseir.'’
We buy—develop—sell real estate.
On this real estate wo issue profit sharing Gold Bonds— they draw
t! per cent, interest—they share In the profits besides. Send for our
free bond book.
American Finance & Bond Co.
7th Floor American Trust Bldg.
BIRMINGHAM
SOOO bales, including 800 for speculation
and export and 7400 were American. Re
ceipts, none; futures opened firm ami
closed quiet; February, 6.53d; February
March, 6.72d; March-April, 6.22d; April
May, 6.7<%d; May-June, G.TOd; Junc-July,
6.68d; July-August, 6.64d: August-Septem
ber, 6.64d; Septeinber-October. 6.38%d; Oc
tober-November, G.JHV^d; November-De
cetnber, H.27Vfcd; Deeember-January,
i>.26%d; January-February, 6.26%d.
Dry (<oods
New York, February 10.—Jobbers’ report
a fair business in cotton goods today.
Primary lines rule steady with trade of
moderate proportions. Raw silk is firm.
Dressed goods prices show a small ad
vance for fall on corporation goods
opened during the day. Yarns are steady.
Hubbard Bros. & Co.’s Letter
New York, February 10.—(Special.)—So
long as the movement continues on the
present, small scale the European mar
kets aic likely to advance. They re
ceive but few offers from the south while
the daily demand is sufficient to absorb
the profit taking by those few who have
been long.
Here the market closes at the best some
15 points up on May, partly on Euro
pean arbitrage and partly on short cov
ering. There does not appear to be any
speculation for a rapid advance, many
took profits today before the holiday on
Wednesday.
We think the advance will go further
until wo reach a point where the cotton
in the south is pffered freely. Should
there not ho as much as expected the
spinner will take tlie remainder of this
ciop ar higher prices. Tnero were !)&,
000,0j0 more yards of cloth exported from
Great Britain during January this season
than the same month last year.
Liverpool should come about 2 points
up tomorrow.
To Take Up Hoot Bill
Washington, February 10.—The Hoot
bill proponing the repeal of the free
toll provision of the Panama canal act
will he taken tip Wednesday by the
Senate committee on interoceanic ca
nals. Senator Root will appear before
tho committee In support of his meas
ure.
INAUGURATION
If you are going to tho Inaugura
tion got book lot at Southern railway
ticket office In which complete infor
mation Is shown.
E LLOW^I
r AS
MOONLIGHT
PURE WHISKY 1
Smooth !
You’ll notice first thing the I
velvety smoothness of Cascade
Pure Whisky. The life and
vigor ot tne gram, preserved
in the distilling, purified to
perfection and mellowed by
time to supreme richness.
We guarantee the jpurity—
you will discover tho rest.
Original bottling
has old gold label. 5 ASj
GEO. A. DICKEL A CO.
Distillers
Nashville, Tenn. <
WM. WISE CO
Sole Agents
•IMjEooJ
•gaiN
His Example
Teacher: “Bobby, Klve me an exampls
of the word 'damper.' ”
Bobby (after a moment’s thouRht):
“Paw says maw Is too dampertleular
about his feet beln<? wiped.”
For Home and Health
A^nthalMaltR]®
The Per^ec^ Whiskey
Because of its absolute purity, ripeness
and invigorating quality.
One whiskey may seem as good as
another until you try Montreal Malt
Rye—Without question the best Malt
Rye produced.
CALL FOR IT AT
ALL LEADING DEALERS
LOUISVILLE. . . KENTUCKY
nn A D\I|?V The Nerve, Blood and
flDillj K 9 Skin Disease Specialist
CommitslIon mimI Fxamliiiition Free
I Guarantee Lifelong Cure Mervous, Chronic and
Private DlaeaMea of Men and Women, Sucb As
Varlcocela Cm Inn lonw Lout Manhood
L*»a»ea and Female
Hydrocele Dralna \\ cm knee*
Stricture B*«od Diseases of
. Skin l.lver,
Dlaeaaea Kidney and
Gonorrhoea Syphilis madder
Charges reasonable; terms made to suit patient's
convenience. All medicines furnished without extra
charge. Hours 9 to 7. Sundays 9 to 1. Val1 or write
DR. J. S. ABNEY, Specialist
Kooaa 402*11*4, Fourth Floor, Farley llulldlng
Corner .Id Art. and KOtb St. lllevator entrance 3d Ava,
NOTICE
V TEMPORARY CHANGE IN
ROUTE OF LOOP LINE
C «• inmen«*lug on Muuilay, I Vbriiary 1Mb, on novuuut of tlic rfcoiulrac
tloii of track* and paving In the ilowntonu urdluu, ilie l.oop line will run
over lbe following routes In over --n«l wtreet bridge to 12nd nveune, thence
to IlMh atreet, thence to I at avenue, thence to 2tMb street aud out the regu
lar route.
Birmingham. Railway, Light & Power Co.