The Birmingham age-herald. [volume], June 28, 1913, Page 13, Image 13

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

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

                
STOCKS OFFERED
ON EVERY RALEY
Rise in Response to High
Prices in London Only to
Fall Back
—
New York, June 27.—There were few oc
currences during the progress of today's
trading to distinguish the stock market
from the narrow and professional affairs
of the last few days. Stocks rose at the
opening iu a half hearted way in response
to high prices in London and then slowly
fell. At the end of the session changes in
the important issues were without signifi
cance. The volume of business fell to the
slight proportions of the dull period pre
ceding the recent severe break.
Room traders had the market to them
selves most of the day. Most of the
outside buying is held in check by the
difficulty in obtaining funds except for
short dates.
Professional opinion again favors the,
short side of the market and scout at the
long side. Stocks were offered on every
rally. The distinguishing feature of the
day's movements was the weakness of
New York Central, which sold off 1% to
93%, the lowest since 1908. Lacking def
inite explanation of the weakness of this
stock, traders spoke of possible new
financing as a cause of the movement.
Unconfirmed reports from Mexico City
of a recetVcrship for National Railways
of Mexico caused a drop of 7 points in
tlie first preferred and 3 in the second.
Kumeley common and preferred, and
both Southern Railway issues, also were
heavy. Known movements of currency
during the week indicated the banks had
continued to pile up cash. A gain in cash
lor the week of $6,000,000 or more was pre
dicted.
Ponds were depressed with some sharp
declines iu prominent issues.
Total sales, par value, $1,110,000. United
States 2 registered declined % on call.
Bonds
U. S. ref. 2b, registered . 99%
U. S. ref. 2s, coupon . 100
U, S. 3s, registered . 103*8
U. S. 3s, coupon . 103*,g
U. S. 4s, registered. 113%
U. S. 4s, coupon . 114
Central of Georgia 3s . 102
Illinois Central 1st ref. 4s . 90
Louisville & Nashville un. Is .... 93
Seaboard Air Line adj. 5s . 70
Southern Railway 5s . 101
Southern Railway gen. 4s ...... 72%
Treasury Statement
Washington. June 27.—The condition of
the United States treasury at tlie begin
ning of business today was: Working bal
ance, $59,431,229; in banks and Philippine
treasury, $58,001,723; total of general fund,
$142,327,743; receipts yesterday, $3,764,014;
disbursements yesterday, $2,514,901; sur
plus this fiscal year, $17,812,836, as against
a surplus of $11,997,564 last year. Figures
for receipts, disbursements arid surplus
exclude Panama canal and public debt
transactions.
New York Money
New York, June 27.—Money on call
steady. 1 %®2 per cent; ruling rate, 2; lust
loan, 17£; closing bid, 1%; offered at 174.
Time loans steady; 00 days, 3%®3% per
cent; 90 days, 3%®4; six months, 3%.
Prime mercantile paper. 0 per cent;
sterling exchange steady, with actual bus
iness in bankers' bills at $4.83 for (JO i^y
bills and at $4.80.SO for demand; commer
cial bills, $4.82%. Bar silver, 38*40. Mex
ican dollars, $1.85. Government bonds
easy; railroad bonds sluggish.
German Exchange
Berlin, June 27.~ Exchange on London,
20m 43p for cheques; moneyNo per cent;
private rate of discount, 5Vfc<&5% per cent.
French Exchange
Paris, June 27.—Three per cent rentes,
83f 97*/2c for tlie account. Exchange on
London, 25f 24*^0 for cheques. Private
rate of discount, 3ai per cent.
Bullion Taken In
London. June 27.—Bullion amounting to
£103,000 was taken into the Bank of Eng
land on balance today.
London Stock Market
London, June 27.—Completion of the set
tlement on the stock exchange without ap
parent difficulties cheered the market,
which closed generally steady and higher.
American securities opened quiet and
steady. The list advanced under the lead
of Union Pacifies, but Wall street selling
caused recessions. Closed easy.
Consols for money, 73; for account,
73 1-10. Illinois Central, 113; Louisville and
Nashville, 133%: Southern railway, 21.
Bar silver quiet, 2013-10d per ounce.
Money, 3® Vs per cent. Discount rates;
Short bills, P,*4 5-10 per cent; three
months. 4 5-10 per cent.
Metal Market
New York. June 27.—Copper dull; stand
ard spot, $13.87 bid; June, $13,876*14.25; July
and August, $i4fcr 14.23; electrolytic, $14,766/
15; lake, $1 1.876? 15.25; castings, $14.70®14.S5.
Tin weak; spot to June, $42.05® 12.85;
July to August, $42.50®42.73.
Lead steady, $4.30®4.37%. Spelter steady,
$5,206*5,30.
Antimony (lull; < ookson's, $8,756/9.
Iron, quiet, uncharged.
London markets closed as follow's: Cop
per easy; spot, £03 11s 9d; futures, £03 10s
3d. Tin easy; spot, £194; futures, £195.
Spelter. £21. Lead. £19 as. Iron, Cleve
land warrants, 54s 6d.
Coffee Market
New’ York, Jure 27.—Coffee fuitiroj
opened steady at an advance of 0 to II
points in response to better cables than
expected ami continued steadiness on '.lie
primary markets. There was local sell
ing around the initial figures and with
comparatively' few buyers around the
ring, prices eased off 3 or 1 points from
the host, but the market firmed up again
later on continued covering. European
• buying and teports of a steady cost and
freight situation. The close was stead*;
■ July, 9.44c; September, 9.68c; October, 9.77c;
December, 9.8%*; January, 9.94o; Mavcn'
10.04c; May. 10.08c. Spot steady; Rio, 7s,
9V: Santos 4s. 12c. Mikl quiet; Cprdova,
• 13®10*4c nominal.
Havre Vi' franc lower. Hamburg un
changed to pfg. higher. Rio. un
changed: Santos. 503 rels lower; -Is, 5sx800;
7s, 4sx950. Brazilian port receipts, 23,000.
against 31,000 last year. Jitndiahy re
ceipts. 11.000, against 10,000 last year. To
day's Santos cable reported market 50 reis
higher at 5sxf50. Sac Paulo receipts, 14,000,
against 11,000 yesterday.
Live Stock Market
Chicago, June 27.—Hogs: Receipts, 19,000;
generally 5c down: bulk of sales, $8.55®
8.65; light. $o.50®8; mixed, $8.50®8.75;
heavy, $8.30®fc.75; rough, $8.20®8.46; pigs,
$6.75® 8.50.
Cattle: Receipts. 1500; slow, barely
steady; beeves, $7.20®9; Texas steers, $6.90
®S.10; Stockers and feeders. $5.70®8.70;
cows and heifers. $3.90®S.50; calves, $6.50®
f .40.
Sheep: Receipts, 15,000, weak; native
muttons, $4.75®5.75; western, $6®5.75; year
lings, $5.60®6.75; lambs, native, $o.70®7.35;
spring, $5.50®S.
Kansas City, June 27.—Hogs: Receipts,
Hubbard Bros. & Co.
''otton Merchant., Hanover Square, ».
V. Members New York Cotton Ex
rhango. New Orleans Cotton Exchange.
New York Produce Exchange. Asso
ciate Members Liverpool Cotton Aseo
cl»tlon. Orders solicited for the pur
chase and sale of Cotton and Cotton
heed Oil for future delivery. Special!
attention and liberal terms given rug
lentdgntnents of spot cotton for dd
livery. Correspondence Invited. _
_THE CLOSING STOCK LIST
__open. High. Low. (.lose.
Antal. Cop.17100 6 I'• 63 % 6 1'4
Antcr. C. U. 33%
Amer. Agri. 100 44 % 4 1% 44
Amer. B. S. 200 21 % 21 21
Amer. Can . 1700 26% 26 26%
do Pfd . 100 86 % 86% 86
Amer. C. & F. .. 300 42 41 >.- 41%
Amer. Cot. oil. 36
Amer. I. 8. 21
Amer. Linseed. 8'%
Amer. Loco. 25
Amer. Smelt. &.
Refilling .2800 61 % 60% 61
do pfd. 1)9
Amer. S. R.107
Amer. T. & T. . . 200 128% 128% 12,S%
Amer. Tob. 100 2L5 215 213%.
Ana. Min. Co. ... 700 32% 32% 32%
Atchison .1600 055a 95 " 9.5%
do pfd . 100 98 98 98
Atlantic C. L.114 74
Balt. & Ohio. 200 93% 93% 93
Bethle. Steel. 27
Brook. R. T. 400 87 86% S7
Can. Pacific ....1700 217% 216% 217
Cent. Leather .. 100 21 % 207« 20%
Cites. & Ohio ...2900 54% 53% 54%
Chi. G. W. lit;
Chi., Mil. &
St. Paul . 600 103 102% 1025a
Chi. & N. W. ... 100 128 12S 127%
Col. F. & T. 27
Consol. Gas . 100 128% 128 5a 128%
Corn Prod. 10
Del. & llud.150
Den. & R. G. 16
do pfd. 24
Distil. Seeur. ... 100 12% 12% 12 5*
Erie .2000 24 23% 23 %
do 1st pfd .... 500 37% 30% 36%^
do 2d pfd. 100 30% 30% 29 5.
Gen. Elect. 100 136 1 36 135%.
Gt. Nor., pfd .... 800 122% 121% 121%
Gt. Nor. O. ctfs. .1100 34 55 33 32%
Illinois Cent. 100 109% 109% 10954
Interb. Met. 200 14% 14% 14%
do pfd .1200 55% 54 54%
Inter. Har.102
Inter-Marine
Pfd .t. 13%
Inter. Paper. 8 54
Inter. Pump. 0
K. C. Sou. 400 25% 25% 26%
Laclede Gas. 91
Open, ffigh. cTuTnv
"Lehigh Val.5100 144% 144% 146%
Louis. & Nash.1.10
Minn., St. P. &
Sault St. M.122
Mo., K. &- T.1200 20% 20 20%
Mo. Pacific .1000 30 29 % 29%
•Nat'l Biscuit.110
Nat'l Lead . 100 45 % 40% 45
Nat. Rys. ot M.
2<1 Pfd.2800 1 2% II 11%
N. Y. Cent.4800 47 95% 96%
N. Y„ O. & W- 100 31% 30% 31
Nor. & West. ... 200 103 103 102%
Nor. Amer. 65
Nor. Pacific . 900 107% 107% 107
Pacific Mail .... 100 18% 18% 18%
Pen.1600 111% 110 3, no%
People's Gas.107%
Pitts., C., C. &
St. Louis. 90
Pitts. Coal. 15%
Pressed S. C. 22%
Pull. Pal. Car.x. 152
Reading .21100 1574, 156% 157
Rep. I. & S.1100 18% 18 17%
do pfd. 73
Rock 1. Co. 400 15% 15% 15%
do pfd. 25
St. L. & San F.
2d pfd . 100 6 % 6% 6
Seaboard A. 1. 17
do pfd . 100 42 42 42
Sloss-Sheff. S.
& Iron . 24
Soil. Pacific . 900 94 % 94% 44 7,
Sou. Railway ...3700 21 20 20%
do pfd . 400 74 % 73’4 74
Tenn. Cop. 100 28% 28% 28%
Tex. & Pacific ..100 13 13 18
Union Pacific ..22500 146% 155", 145%
do pfd . 100 S0% 80% 80%
U. S. Realty. 60
U. R Rubber .... 100 6S% 58% 58%
U. S. Steel .24800 62s, 52% 62%
do pfd. 700 103% 103 102 74
Utah Cop. 700 42 42 42
V. -C. Client. 300 23% 23% 23%
Wabash .. 100 2% 2% 2%
do pfd . 200 6 74 6 74 0%
West Md. 34%
West. Union. 60 7,
West'll. Elec. ... 200 58'% 5814 58
W. & L. E. |%
•Ex-dividend.
__Totals salos for tlio day, 134,000 shares.
LOCAL SECURITIES
Rate. 11 lit. Asked.
Ala. F. ft 1.4 60 65
Airier. C. Rys., pfd ..6 69 71
Amer. C. Rys. 35 40
Amor. T. ft S. Bank.. 8 190 194
Avondale Mills, com.. 8 110 115
Avondale Mills, pfd . 8 200 104
Bessemer C. ft l. 4 45 55
B'ham, E. ft B., coin 10 15
B'ham, E. & B.. pfd. 30 38
B'ham Baseball Asso.. 175 2uo
B'ham Realty Co. 4 175 200
B’ham T. ft S. t 269 268
Cham, of Com., pfd .. 7 74 80
£om. Bank ft T. Co. . 98 103
Corey Land. 73 80
East Lake Land . 65 65
Elmwood Cem. Co. 4 87 95
Empire Vnp„ com .... 8 80 85
Empire Imp., prd .... 8 104 110
Ensley Land . 112 125
First National Bank...12 263 270
Ureat Sou. Life . 10 13
interstate Casualty .. 4 7
Interstate Fire . 4 7
Jeff. Co. S. Bank.10 160 175
Jefferson Fertilizer .. 8 116 125
L., L. ft L., com . 45 50
L., .1. ft L., pfd . 7 95 US
31. ft 31. Bank . 8 133 136
North B’ham Land .... 16 22
Protective Life . 10 12
Prov. Oil & Cas . 2 6
Realty Tr. Co., com.... 8 110 125
Realty Tr. Co., pfd ... 8 100 110
Sou. States Fire . S 6
Traders INiat. Bank ... 9 left TSo
BOND!)
., _ Rate. Bid. Asked.
Ala. State ref., 1823... 4 98 102
Ala. State Renew., 1 956 3 >4 88 92
Ala. State Renew., 1956 4 100 1U2
Ala. State Pair . 6 76 86
Alter, c. Rys.5 91 93
bessemer C. & I. « 100 101
B'ham, E. * B. 65 69
B. R.. L. & P. 6 100 103
B. R-. L. & P. . 4)4 89 81
B'ham Ice Factory .. 6 100 101
B'ham R. & E.5 100 102
B'ham Waterworks ... 6 92 04
B'ham Waterworks ... 8 103 112
City »f Birmingham .. 5 100 104
City of Birmingham .. 6 105 J00
Continental Gin .6 101 106
Country Club . 6 X95 100
Jefferson County .... 6 103 108
Jefferson County .... 8 105 110
Jefferson Coun.y .... 4)4 100 102
Milner Land Co. .... 6 100 103
Nashville Rullway .... 6 102 105
Pratt Consolidated ... 5 83 83
gloss I, & S. 5 103 105
gloss L & S. 4)4 92 96
T. C. I., gen. mtg.5 100 102
T. C. 1.. Tenn. Div.6 101 103
T. C. I., Ship Bldg.... 6 102 104
T. C. J., B'ham I3tv .. it 101 103
T. C. I., Cafcaha Dlv. 6 103 107
HEAT BEING FELT IN
WHOLESALE TRADE
Demand for All Commodi
ties a Bit Slack—Lemons
Sell Well
The Morris avenue market is not ex
act!; dull, but tlie continued 'heat is be
ginning to be felt in some lines. The
gialn and feedstuffs market is in a fairly
normal condition, but the price of corn
and oats is unusually strong, and it is
said that unless it rains soon there is a
strong probability of a sharp rise in these
commodities.
The produce market is affected by the
heat along with other lines, but the de
mand for limes, lemons, pineapples and
ether hoi weather enemies are combining
I l heir energies to save it.
Business in the (ish market Is about as
usual—rather quiet. No change in quo
tations is noted.
Poultry and eggs are holding up well
and there is a fair demand. Prices are
unchanged.
LOCAL QUOTATIONS
Pig Iron
lie .$12.00
■qe .11.50
.11-00
Gray Forge . 10.50
i a ..
2g . 11.50
Local Cotton
Strict good middling . 12!»c
Good middling . 12Vr
Strict middling . 12c
Middling . H?cC
Strict low middling . IF,Ac
Meat
Lard. 12v»c; compound, 10$»o; dry suit
short ribs, 1U).9714; bellies, $'ii.S5; I.am
butts, 15.50c; Boston butts, 16c; pork
I loins, 17c; spare ribs, 19c; breakfast
4700; lower; bulk of sales, $8.65@8.70;
heavy, $8.62H@8.67$a; packers and butch
ers, $8.65©8.72$4 light, $S.00@8.75; pigs, $7.50
©8.25.
Cattle: Receipts, 2100. Including 1700
southerns; weak; prime fed steers, $8.40®
8.75; dressed beef steers. $7.2508.35; south
ern steers, $5.7u©8: cows, $4.40®7.23; heif
ers, $6®8.56; stockers, $3.75®8; calves, $6.50
©9.60.
Sheep: Receipts, 1009; lower; lambs, $7@
7.76; yearlings, $3©3.73; wethers, $4.56®3.25;
ewes, $i©4.75.
St. l.ouis, June 27.—Cattle: Receipts,
1400, Including 700 southerns; steady;
choice ot Arm steers, $6®8.25; dressed and
butcher steers, $5.75®7.50; stockers, $5.26®'
7.50; calves, $6®10. Texas steers. $6.25®
7.75; Texas cows and heifers. $4.25@7.
Hogs: Receipts, 8300; lower; pigs and
lights, $7.25®8.85; mixed and butchers,
$8.75®8.S5; good heavy, $8.7508.85.
Sheep: Receipts, 7200; steady; muttons,
$5®5.25; yearlings, $5.25(86.50; ldlnbs,
$7.25®7.50; spring lambs, $7.25®3.
Louisville, June 27.—Cattle; Receipts,
50; market slow; range. 2V4®8e.
Hogs: Receipts. 1800; murket 3c higher;
range, $4®8.50.
Sheep and lamb receipts, 13,400; trade
show off; lambs, 7%c off; fat sheep, 4Vic
_„
Imports of Merchandise
New York. June 27.—Import of mer
chandise and dry goods for the week
ending June 27, $1,215,733; imports of
specie for the week ending today, $136.
144 silver, $781,446 gold; evports, $847.
890 silver, $5000 gold.
Naval Stores
Savannah, June 27.—Turpentine linn,
36l44l'36V4c; sales. 952; receipts, 889; ship
ments, 306; stocks, 121.204. Rosin lirm;
sales none; receipts, 2626; shipments, 449;
stocks, 12,304. Quote; A, B, $3.60; (', L>,
$3.40; E, F, 44, O, $4; 1, $4.15; K. $1.56; M,
$5.15; N, $5.85; YVG, $0.25; \V\V, $6.30.
bacon, 25@26c; smoked bacon, 16c; regular
ham, 19?ic; skinned ham, 20*4c.
Creamery Products
Country butter. 20025c; fresh creamery
butter, 2255c; cheese, 17c; Imported Swiss
cheese, 31c; German brick cheese. 20c;
Ut-.ibuigor cheese, 19c: imported roquefort,
87c; Neufchatel cheese, per dozen, 46c;
Pimento cheese, 15c; process butter, adc;
daisy cheese, 1656c per poaod.
Fruits and Produce
Apples, new, J2.00 to $2.50; Florida Va
lencia oranges, $5; California oranges, $5
box; limes, 31.25 per 100; Irish potatoes,’00c
to $1 bushel; sweet potatoes, Dooley, $1
bushel; Onions, red globe, 2c per pound;
lettuce, $1.5002.50 per crate; strawber
ries, $1.5002.25; cucumbers, per crats,
$1.75; tomatoes. Florida, $2.2502.76;
cabbage. Mobile. $l.?a@2.00 crate; new
Texas unions, crate, $1.50; beans, per
hamper, $1.2501.50; peaches, $2.0002.50
crates; squash, per hamper, $1.6001.75;
cantaloupes, $2.5003.00; watermelons, 26@
35c; peppers, per crate, $1.5002; lemons,
box of 360. SS.50 to $9.00. Okra $3 per liarn
I per. Blackberries. $3. Hgg plant, $2.50 per
crate. Pineapple, $3.25 per crate. Huckle
berries, $3.00.
Fish and Sea Foods
Red snapper, 9450100 In bbl. lots; gray
snappers or groupers, 3',4@4e; Spanish
mackerel, 1244c; sun perch or bream, 8c to
10c in bbl. lots; pompano. 20c; mixed fish,
8c in bbl. lots; Crockers, 6c In bbl. lots;
mullet, 654c in bbls.; small trout, 8c to
844c: fresh water cat, dressed, 1244c; salt
water cat, 7 44c.
Flour and Breadstuffs
Self rising flour, $6.00; Tennessee
flour, $5.05; Oklahoma flour, $5o0;
pure wheat shorts. $29; pure wheat bran,
$27; C. S. hulls per ton, $10; prime C. S.
meal, per ton, $32; C. S. feed meal, per
ton, $26; No. 4 timothy hay, per ton, $23;
mixed alfalfa and Johnson grass, per ton,
$20; sack, 51.50; alfalfa hay, per ton, $22;
Johnson grass, per ton, $16: mixed feed!
$32; oats, D6c bus; corn, 85c.
Poultry and Egga
Hens, 45@60c; five, per pound, 15016c;
fryers. 1440144 lbs. average, 2244c; fryers
less than 1 lb. and under 144 pounds aver
age, 20c; ducks, 14c pound; guineas,
30c; roosters, 80c; geese, 40060c;
live turkeys, 18020c; fresh eggs, case can
died, 19020c; extra graded candled eggs,
21c.
Coffee and Sugar
Coffee, Arbucltles, $22.77 per 100 pounds;
Luzanne, 25c per pound. Sugar, standard
granuated, 5c per pound.
Highest Building Between Coasts
From Popular Mechanics.
The highest inland building on the
American continent is the new Chamber
of Commerce building at Cincinnati. The
tower portion of this building consists of
3S stories, four of which arc below street
level. The total height from sub-base
ment floor to top of tower is 535 feet,
while the height above street level is 495
feel. The tower is surmounted by a lan
tern 14 feet high, the top of which Is
therefore 609 feet above street level. The
building contains 5,175,009 cubic feet of
space and 21G.OOO square feet of rentable
area. The cost of the building alone is
$2,500,000, while tile total investment, In
cluding the lot, is over $3,000,000. The
Chamber of Commerce will occupy the
second and third floors.
Typewriter Operated by Weights
From Popular Mechanics. *
The carriage spring of a typewriter in
tile offices of Spring Hill college. Mobile
broke at a time when the use of the ma
chine was imperative. No one about the
college knew how to repair the spring
As there was no time to send It to a re
pair shop, one of the members of the col
lege rigged up an ingenious device to do
the work of the spring. One end of the
cord was attached to the carriage and a
number of expansion bolts and washers
that happened to be lying around were
fastened to the other end. There was
no pulley available, so an ordinary spool
was mounted on the typewriter frame by
means of a piece of thick solder wire that
chanced to be in a box of old Junk with
tile machine so repaired the stenographer
was able to go on with the work.
The Fair Turn-About
From the St. Louis Republic.
"Wigley has a terribly ha'rd time ex
plaining what Is going on when he takes
his wife to the ball game.”
“Yes, and it has to bo done all over
again when Mrs. Wigley takes Wigley to
the grand opera.''
Officially Stated the Kansas
Crop Is Set Back as Much
• as 26 Pe* Jent
Chicago, June 27.—Official statements
that excessive dryness had set back Kan
sas wheat as much as 26 epr cent in tlio
last month put the market today in an
upward whirl. There was a nervous close
at an advance of ’tru'Vd^-tc net. Corn
shewed a gain of l%4/:i%c over laht night
and oats a rise of 1%<&T%c. Provisions
finished unchanged to 12%c decline. Trad
ing in wheat as in other grains reached a
volume considered by some df surpass
that of any previous day this season,
available before the opening and had a
powerful effect from the start. Tt was
Bullish figures on the Kansas crop were
estimated available before the opening
and had a powerful effect from the start
it was estimated the yield in that state
would not amount to more than 72,000,000
bushels whereas speculators had been
counting on about 20.000.000 bushels.
Heavy selling checked the upturn, but
the top prices of the session were cur
rent within 15 minutes of the close.
Total clearances of wheat and flour
equaled 403,000 bushels. Primary receipts
of wheat were 681.000 bushels, a year ago
they were 229.COO bushels.
Crop danger from extreme heat in Okla
homa and other states produced excite
ment among corn dealers. Tt was said
the entire southwest was alarmed over
possible scorching of the fields.
Purchasing orders were so numerous
that all reactions proved unimportant.
Intense heat and dry weather were re
garded as even more adverse to oats than
to corn. Special interest was aroused by
the Kansas state report making the crop
condition there 49 against 75 a year ago.
In the provision crowd the grain bulge
was ignored and went lower with hogs.
Future quotations were as follows:
Wheat— Open. High. LowT Close.
July 90% 91 90% 90%
Sept. 90% 91% 90% 91%
Dec. 93 94 93 93%
Corn—•
July. 61% 62 Vi 61 62
Sept. 62% 63% 62% 63%
Dec. 59 Vi 60% 59 Vi 60 %
Oats—
July. 41% 4 2 41 % 41%
Sept. 42% 4*3 42% 42%
Dec. 43% 44% 43% 44%
Pork—
July.20.75 20.75 20.60 20.65
Sept.20.60 20.60 20.52% 20.55
Hard—•
July.11.10 11.10 11.05 11.05
Sept.11.27 % 11.27 Vi 11.22% 11.25
Oct. 11.30 11.32% 1.1.27% 11.30
Ribs—
July. 1 1.65 11.67% 11.62% 11.67%
Sept.11.72% 11.72% 11.70 " 11.72*%
Oct .11.57% jt 1.60 11.55 11.55
Kansas City Grain
Kansas City, June 27.—Cash wheat: Xo.
2 hard. 86(9 91e; Xo. 2 red. 87@91c. Cash
corn: No. 2 mixed, 61 %c; Xo. 2 white.
62%c. Cash oats: No. 2 white, 41%<942c;
No. 2 mixed, 39j@40c. Wheat futures: July,
84%e; September, £5%c; December, 88%@
8$%c. Corn futures: July, 61 %c; Septem
ber, 62%©63c; December, 5S%c. Oats fu
tures: July, 40U^40%c; September, 427/sc;
December. 43~£<§'44c.
St. Louis Grain
St. Louis, June 27.—Cash wheat: Xo.
2 red, 97%c; No. 2 hard, 89%@95c. Cash
corn: No. 2, 62%c: No. 2 white, G3%@63%c.
Cash oats: No. 2. 40%c; No. 2 white, 42%c.
Wheat futules: July, 87%@87%c; Septem
ber, S8(g88%e. Corn futures: July, 58%c;
September. 73%c. Oats futures: July, 48%c;j
September, 42%c.
Grain Receipts and Shipments
Kansas City, June 27.—Receipts: Wheat,
52,000; corn. 24,000; oats, 7000. Shipments:
Wheat, 34,000; corn, 14.000; oats, 2000.
Liverpool Grain
Liverpool, June 27.—Wheat, spot irreg
ular; No. 1 Manitoba, 7s, 9%d; No. 2, 7s,
6%d; No. 3, 7s, 3%d. Futures steady; July,
7s, 5%d: October, 7s. 3%d; December. 7s,
4d. Spot corn steady. American mixed,
new kiln dried, 5s, 5%d; American mixed,
old, 6s; American mixed, old. via Galves
ton. 5s. 8d. Futures, firm: July (La Plata)
4s, 9%cl; September (La Plata), Is, ll%d.
St. Louis Produce
St. Louis, June 27.—Flour, quiet. Re
ceipts: Flour, 32,060: wheat, 23,000; corn,
48,000; oats, 63 000. Shipments: Flour, 80C0;
wheat, 81,000; corn, 72,000; oats, 26,000.
New Orleans Rice Market
New Orleans, June 27.—Rice, strong. Re
ceipts: Rough, 496; clean, none; millers,
278. Sales: Rough Honduras, 66 at 3<&4.5c;
Japan, 868 at 2(9*. 15c: clean Honduras, 700
at 3@5%c; Japan, 1335 at 3%<ft3%c. Quota
tions: Rough Honduras, 2.50^(4.50c; Japan,
2@’3.25c; clean Honduras, 4%@'(9'S%c; Japan,
3%@35/gc.
Taking of American Cotton
New Orleans, June 27.—Secretary
Hester gives the taking of American
cotton by spinners throughout the world
as follows, in round numbers:
This week 178,000, this year against
157.000 last year, 138,000 year before
last.
Total since September 3, this year.
*32,666.000 against 13,977,000, last year
and 1 1.035,000 the year before.
Of this northern spinners and Can
ada took 2,293,000 bales this year,
against 2.682,000 last year and 2,045,
000 the year before, southern spinners
2.675.000 against 2,422,000 last year and
2,1 76,000 the year before; and foreign
spinners 7,698,000 against 8,873,000 last
year and 6,814,000 the year before.
•Adjusted by deduction 12,000 New
York stock corrected.
Liverpool Cotton Market
Liverpool. June 27.—.Spot cotton dull and
quieter. Middling: fair, 7.33d; good mid
dling, G.99d; middling, 6.75U; low middling
6.57d; good ordinary, 8.13d; ordinary. 5.79,1.
Sales 7000, including- 8700 American and
2000 for speculation and export. Re
ceipts 8000, including 0900 American. Fu
tures closed quiet and steady. June,
C.50Vi,d; June-July, 0.47 (id; .July-August,
8.47Mjd; August-Scptember, O.SSHd; Sep
tember-October, G.28d; Oetober-November,
0.22d; Novernber-December, G.lSd: Decern
ber-Jisnuary; 6.17>.4d; Junuary-February,
0.17V-d; Fcbruary-Mareh, 6.; March
Aprll, G.19Msd; Aprll-May, G.28V4d; May
June, 8.21*,id.
Hubbard Bros. & Co.’s Letter
New York, June 27.—(Special.)—Tenders
were made on July contracts today and
about half of our stock lias passed into
the ownership of Liverpool merchants
who found a ready market for the cotton
they shipped from here during May and
June.
They are believed to hold more July
contracts than the tenders of today,
though no one really knows what they
intend to do. The distant deliveries
hardly moved fluctuating within a range
of a few- points. Manchester and our
mills ate being sold ahead and Murope in
one shape or another lias hedged by buy
ing in the contracts markets. There is
a large short interest which is thus owned
by spinners. The trade outlook for a
July crop estimate of about 82 to S3.
Montgomery Market
Montgomery, June 27—(Special.)- Spot
cotton was quoted in Montgomery today
is follows: Strict low middling, 11’,c; mld
jling, 1 and strict middling, 12 ;ac.
COTTON MARKET IS
LOW AND JINSETTLED
Near Month Liquidation
Responsible—Close Is
Steady
New York. June 27.—The cotton mar
ket was unsettled and lower today un
der near month liquidation caused by
the circulation of July notices and
scattered selling of new crop months
based on favorable crop or weather ad
vices. The dose was barely steady at
a net decline of 9 to 13 points on
the Old crop and of 1 to 5 points on
new crop months. The market opened
steady at unchanged prices to a de
cline of 3 points. The July notices were
j estimated at 145,000 bales and it was
i anticipated that they would be stopped
! with reasonable promptness but tkdr
circulation through the street brought
out quite .1 lot of scattering llqulda
[ tion. Prices gradually worked lower
l under this pressure and during the aft
j ernoon July contracts sold about 3
j points under August contracts. £?ome
j of the people who were selling July
! seemed to l»o buying August, which
(helped to bring about the premium on
[ that position, and there also appeared
| to be some buying of tlie new crop
| months by people w ho were liquidating
old crop positions. Predictions for
showers or cloudy weather in the belt
and reiterated reports that the. storm
in the Gulf of Mexico might cause
beneficial rains in Texas, inspired scat
tered offerings of new crop deliveries,
however, and those positions sold about
5 to 7 points net lower in sympathy
(with the old crop break. Closing prices
were a shade up from the lowest on
covering. It was rumored that houses
with Liverpool connections had stopped
a good part of the July notices but
reports from ocean freight circles
claimed that so far there was little
fresh demand for room for July ship
ments from New York. Week-end fig
ures were considered rather bullish ami
were a sustaining factor In the late
trading.
_New York Cotton Futures
_ Open. High. Loiv. Cl.Bil.
January . 11.43 11.45 1 1 38 fTT0
February. 11.42
March . 11.53 11.54 11.48 11.5D
May . 11.54 11.55 11.50 11.53
June. 11.90
July . 12.00 13.04 11.91 11.92
August . 12.00 12.02 .1 1.93 1 1.94
September. 11.70 11.67 11.67
October . 11.49 11.51 11.44 11.46
November ... 11.45 11.46 1 1.44 11.39
December .... 11.48 11.51 11.43 11.46
Weekly Cotton Statistics
New* York. June 27.—The following
statistics on tlie movement of cotton
for the week ending Friday, June 20,
were compiled by the New York cotton
^exchange:
WEEKLY MOVEMENT.
This Year.
Port receipts . 27,505
Overland to mills and Canada. 6,497
Southern mill takings (esti
mated) . 20,000
I-oss of stock at Interior
towns . 21,637
Brought into sight for the
week . 32,365
TOTAL CHOP MOVEMENT.
This Year.
Port receipts . 9,684,144
Overland to mills and Canada 95 1,720
Southern mill takings (esti
mated) . 2,643,000
Slock at interior (owns in ex
cess of September 1 . 123,059
Broght into sight thus far
for season . 13,406,923
Port Cotton Movement
Galveston: Quiet; middling, 129,0; net
receipts, 811; gross receipts, 811; sales,
291; stock, 54,569; exports to the conti
nent, 2269.
New Orleans: Quiet: middling. 12%c;
net receipts, 979; gross receipts, 1001; sales,
60; stock, 51,422; exports to the continent,
336.
Mobile: Nominal; middling, 12c: net re
ceipts. 90; gross receipts, 90; stock, 4794;
coastwise, 30.
Savannah: Quiet: middling. ]2',tc; net re
ceipts. 94S: gross receipts, 948: sales, 100;
stock, 32,337; exports to the continent, 5431;
coastw'isp, 1262.
Charleston; Nominal: net receipts, 107;
gross receipts, 107; stock, 10,186; coastwise,
410.
Wilmington; Nominal; net receipts, 34;
gross receipts, 34; stock. 9028.
Norfolk: steady; middling, 12?ic; net
receipts, 601; gross receipts. 501; sales, 230;
stock, 25,255; coastwise, 557.
Baltimore: Nominal; middling, 12Vjc;
not receipts, 370; gross receipts, 970; stock,
4848; exports to the continent, 2549; coast
wise. 2549.
New York: Quiet; middling. 12.30c; gross
receipts, 595; stock. 52,983; coastwise, 216.
Boston: Quiet; middling, 12.30c; net re
ceipts, 12; gross receipts, 395; stock. 8158.
Philadelphia: Quiet; middling, 12.65c;
stock. 1165; exports to tile continent, 45.
Brunswick: Stock. 6737; coastwise, 131.
Texas City: Stock, 4365.
Jacksonville: Net receipts, 220; gross re
ceipts, 220; stock, 501; coastwise, 220.
Pensacola: Net receipts, 36; gross re
ceipts, 36; exports to Great Britain, 36.
Newport News: Net receipts, 2738; gross
receipts, 2738: coastwise, 2738.
Total today, at all ports: Net, (1846;
exports to Great Britain, 36; to the conti
nent, 10,661; stock, 266,238.
Consolidated, at all ports; Net, 27,505;
exports to Great Britain, 16,530; to France,
2895; to the continent. 20,578; to Japan,
500.
Total since September I. at all ports;
Net. 9,680,334: exports to Great Britain,
3,436,675; to Fra nee, 955.532; to the conti
nent, 3,389,043; to Japan. 383,162; to Mex
ico, 13.015.
Interior Cotton Movement
Houston: Quiet; middling, 1213-16; net
leeeipts, 639; grora receipts, 639; ship
ments, 1556; Hales, 1082; stock. 45,843.
Augusta: Steady; middling, lJ^c; net
receipts, (ft; gross receipts. 3U0; shipments,
S96; sales, 347; stock. 24.16.').
Memphis: Qiiet; middling. 12Uc; net re
ceipts, 225; gross receipts, 134-3; ship
ments, 2714; sales. 275; stock. 31,819.
St. Louis: Steady; middling, 13 5-lCc;
gross receipts, 493; shipments, 946; stock,
21,470
Cincinnati: Net receipts, 52; gross re
ceipts. 52; shipments, 43; stock, 23,016.
Little Roc!:: Dull; middling, 12c; not re
ceipts, 20; gross receipts, 20; shipments.
238; stock, 17,839.
Louisville: Firm, steady; middling, 12c.
Total today: Net receipjts, 1079; gross
receipts, 2812; shipments, 62*6; ?ule«, lijiij;
stock, 164,222.
Cotton Seed Oil
New York, June 27.—Cotton seed oil vai
excited and higher again today on active
demand from shorts and refiners, empha*
sized the scarcity of real oil and fail no
of tenders on July contracts to come out.
There was more new speculative buying in
evidence in new crop positions. Neat
months closed 12 to 15 points net higher
and late months 1 points higher. Prinu
crude nominal; prime summer yellow,
spot, 8.2089c; July. 8.27c; August, 8.18c;
September, 8.17c; October, 7.64c; November,
6.75c; December, January and February,
6.47c. Prime winter yellow and summer
white, 8.25c bid.
Liverpool Cotton Statistics
Liverpool, June 37.—--Following are
the cotton statistics for the week: Im
ports. all kinds, 4 1,009 bales; imports,
American, 26,000: stock, all Ivinds, 982,
000; stock, American, 794,000; American
forwarded, 55,000; total exports. 7400.
j HOLDS PRICES OP
_
Market Quiet With Good
Undertone—Close 4 to 6
Points Over Thursday
New Orleans. June 27.—The cotton
market was quiet today but it main
tained a good undertone. Bears con
tinued to hold back and offered little
short cotton and a moderate demand
served to hold prices up. Buying was
based on the continued dry weather in
the belt, though bears were hopeful
that the disturbance in the gulf of Mex
ico would bring relief to the droutliv
conditions.
The market opened quiet, 2 points
down to I points up, compared with the
last quotations of yesterday. Cables
were better than due, but much un
certainty was felt over July notices
in New York and rumors that they
amounted to from 10.000 to 20.000 bales
caused July to sell slightly under yes
terdays closing level. The report that
spot houses wore stopping notices
caused a recovery and put the list 4
to 5 points up, net. Toward the middle
of the morning the forecast of unsettled
and showery weather in the western
belt and in the southern portions of
| Alabama and Mississippi caused some
selling and the trading months went 3
points under yesterday s last quotations.
In the afternoon the market was dull
but very steady. The close was 4
to ti points over yesterday’s final fig
ures, a level within a point or two
of the highest of the day.
New Orleans Cotton Futures
__Open. High. Low. CI.Bd.
January . 11.57 1 1.60 ~ 11758— i i
Mur<-'h . 11.66 11.68 1 1.62 1160
June . 12.45 . 12.49
J/',v . 12.45 12.174 12.44 12.5:;
August . 12.10 12.17 12.13 12 16
September ... 1 1.68 11.72 11.66 1170
October . 11.66 11.59 11.50 115s
December- 11.55 11,57 11.;,| 11.57
New Orleans, June 27.—Spot cotton
quiet. unchanged; middling, 12%c
sales, spot, 508 bales; to arrive, 16-'
low ordinary, 9',ic nominal; ordinary'
10 1-I6e nominal; good ordinary!
1X-160; Strict good ordinary,
11 15-16c: low middling, 12 3-16c strict
low middling. 12 7-I60: middling.'12tic
strict middling, 12 15-16c; good mid
dling, 13&c; Strict good middling,
13 5-!0c; middling fair, 13\c nominal
middling fair to fair, 14tic nominal!
lair, 11 tac nominal; receipts, 979; stock
51,422. •
Weekly Cotton Statement
New Orleans, June 27.—Secretary
Hester’s weekly New Orleans cotton ex
change statement issued before tlie
close of business today shows a de
crease in the movement into sight com
pared with tile seven days ending tills
date last year in round figures 4000, an
Increase over tlie same days year before
last of 1000, and a decrease under tlie
same time in lino of 14,000.
For the 27 days of June the totals
show a decrease under last year of 25,
000, an increase over tlie same period
year before last of 8000. and a decreuse
under the same time in 1910 of 49,000.
For tile 300 days of the season that
have elapsed the aggregate Is behind
the 300 days of last year 2,184,000. ahead
of the SRine days year before last
7jy2,000, and ahead of 1910 by 3,255,
The amount brought into sight during
tlie past week lias been 28,058 bale.-,
against 32,112 for tlie seven days end
ing tills dute last year, 26,977 year be
fore last and 42,403 same t ■> e in 1911);
the 27 days of June it lias been
130,9,0, against 156,146 last year, 123,
322 year before last and 180,38;' same
time in 1910.
The movement since September* 1
at 311 United States ports
against 11,865,210 last year,
®*510,088 year before last and 7,154 651
same time in 1910. Overland across'the
Mississippi. Ohio and Potomac rivers
to northern mills and Canada 954,604
against 1,236,186 last year, 919,258 year
!as‘ uml 785,320 same time in
1910, interior stocks in excess of those
held at tlie close of tlie commercial
126.823, against 73,686 last year.
63.9,1 year before last and 95,576 same
l" 1910; southern mills takings
against 2,383,143 last year,
-.132,605 year before last and 2,083 131
same time in 1910.
,,Th5,'ie ,lnaltp the total movement for
tlie 300 days of the season from Septem
ber 1 to date 13,373,939, against 16,658,225
asl 5:33r’ 11.632,42-2 year before last and
10,118,681 same time in 1910,
Foreign exports for the week have been
39,839, against 24,458 last year, making the
total thus far for the season 8,296,396
1 9’>1 264 W'217’6®® last year- a- decrease of
Northern mills takings and Canada dur
ing the past seven days show a decrease
of 18,451 as compared with the corre
sponding period last year, and tlielr total
takings since September 1 have decreased
388,809. The total takings or American
mills, north, south and Canada, thus fur
for the season have been 4,968,077, against
5,104,05*2 last year. These include 2,293,475
by northern spinners, against 2,682,284.
Stocks at the seaboard and the 29 lead
ing southern Interior centers have de
creased during the week 36,211 hales,
against a decrease during the correspond
ing period last season of 37,394, and are
now 43,042 smaller than at this date in
1912.
Including stocks left over at ports and
interior towns from tiie last crop and the
number of bales brought into sight thus
far from the new crop, tlie supply to
date is 13,738,652, against 15,815.199 for tlie
same period last year.
World’s Visible Supply
New Orleans, Juno 27.—Secretary lies
tors’ statement of the world’s visible sup
ply of cotton made up from special cable
and telegraphic advices compares tim
figures of this week with last week, last
year and the year before. It shows a
decrease for the week Just closed of 185,
073 against a decrease of 169,087 last year
and a decrease of 193,023 year before last.
The total visible is 3,478,011, against 3,
R;ep|i' *«MW tact year and
■'"•f1 Var h‘ f"rr last- Of Ibis the total
I ™K1H5rn ™‘,t"n ia against 2,
wrek' 2.*J!>.7I7 last year and
■J.W..1..I vear before last, and of a|| other
Mads. Including Egypt. Ilrasll, Ind|a> etc ,
; .!.S,W". against l.ttB.ur, last Week, J.Otkl,*
'■°!S,'a8* ye,‘" an(l l.OSl.iJio year before last,
i he total world’s visible supply uf cot
;;; ar u,bovc a de,,re««'- ™w s
, .r*1 «" increase com
I’aiee with last year of 52.294, and an In
j,07n,677.C0mPa'r<l WU" yrar '*toro la3t oC
in the world's visible supply of eotton
as above j„ now afloat and held
,’"at 1 •'-it.-iill and continental Europe
l.x.'i o against 2.J96.W« last Mar and 1,
-l« -Mkav. year before last: in Egypt 127,0(91
against ftii.UOO last year atnl 99,000 year
before last; in India 992,0000. against 629,
OX> last year ami 5SI.OOO year beforo last- i
, nltcd 9,a"'« 474.0OU. against
>r«
last.
Dry Goods
■Vow tori., .lime 27.—The primary cot
ton goods market was generally quiet and
steady. The only feature of Interest
w as ihe stead d< mand for small quan- ]
tilies Ilf staple goods for prompt delivery. I
Jobbers sent In a good many duplicates 1
on all worsted and cotton warp serges
for July-August Jeliverj Mills aro so well
sold abend on the goods wanted that a
large proportion of this business bad to
be declined.
Merchant Ships Equipped With Guns
From Popular Mechanics Magazine.
Tho first British merchant ships to car
ry guns and ammunition on board in time
of peace left Southampton recently for
a South American port. The vessel was
tho steamship “Aragon,” of 10,000 tons,
anti she had among her crew sufficient
officers and men of the Royal Nava! Re
serve to work her armament should it be
needed. Guns are also to bo mounted on
other merchant ships, the “Amazon *
j being the second vessel to be so equipped.
Tho “Aragon” carries two 47 inch guns,
•11 ■ ■ —-»«- -■ .. ■.
Helping Husband
From the St. Louis Republic.
“Ts she the right sort to be a congress
man’ swife?”
“is she? Why, she’s more democratic
than he is. She even goes so far as to
socially . all on the. wives of some of her
husband's contituents.”
ATLANTIC CITY. N. J. ,
Facing the Sea with an unobstruct*
cd view from atl public rooms.
Nothing is more delightful in Sum*
mer than being seated in an easy
chair on an elevated terrace imme* *
diatcly adjoining the Boardwalk en
joying the marine views and the i
activities of the Seaside Metropolis. 1
HOTEL DENNIS is 1
unexcelled in this respect. j
Capacity 600. Always
open. Information in dc
^ tail upon request.
> WALTER J. BUZBY.
_
H°TaSTRAND
ATLANTIC Cl
Half Block Ocean Front.
Aln-n.r« Open, rapacity flOO. Fireproof,
ben Water Until*. (inrage. Booklet*
Ownership Management.
Hotel Rudolf
ATLANTIC CITY, N. J.
On the ocean front. Always open. Capacity 1000.
American and European plans.
Hot and cold fresh and sea water In all baths; run
ning water in guest rooms. Broad verandas com
manding view of ocean and connecting with tbo fa
mous bdard walk. Cafe Rudolf Is one of the big at
tractions of Atlantic City. Booklet and terms upon
request.
A. S. RUKYESER. Mgr. JOEL HILLMAN. Pres.
RKSORTS. W. VA.
/ MAGNIFICENT >1
/ SWIMMING POOL \
/ Medicinal Baths. Coif, Tennis,
/ Riding, Driving, Fishing, Motoring, ‘
ff Dancing. Rraci.ig mountain sir. No
I Flies or Mosquitoes. Picturesque 1
1 scenery. Klevation 2000 feet. The I
I present hotel opens .lune 25 the/
l new Million Dollar (ireenbrier /
Oct. 1 For information aHtlresari
GEO. F. ADAMS, ttfl
^WhiteW»tar.W.Va./|\
The Famous Stafford Mineral
Springs, Vossburg, Miss.
Hotel open all the year. First claa*
Accommodation. For information and
booklet, write
COLBURN, MORGAN CO.
Vossburg, Miss.
SKElil\MIX. POINT IU>ORT.
A beaulful peninsular between two
Inland lakes; finest fishing; safe boat
ing; bathing; no lity fever: $10 to 112.
II A; King. Elk Uapids. Mich.—From
l Globe-Democrat, St. Louis, Mo.
PLAN ' I
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Nature offers you her very best. Whether you want to "rough it"
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I'f3 litre j They are free. They describe and pie
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