The Birmingham age-herald. [volume], July 17, 1913, Image 11

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

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

                
Foreign Markets Strong.
High Prices in London
Have Good Effect
New York, July 16.—The appearance of
the stock market was transformed today
by an accession of strength which lifted
prices in all departments. The market
awoke from its torpor and while trading
was not heavy, measured by normal
standards, speculation showed genuine
animation at times. The day’s business
was more than four times that done last
Friday, when the tide of speculation
reached the low water mark.
Higher prices in London stimulated the
market at the opening, and the advance
continued to the close. At times traders,
who thought the pace too fast, in view
of the recent pronounced dullness, sold
stocks and checked the rise, but offer
ings were absorbed easily and the up
ward movement was resumed. Profit
taking caused some recessions in late
trading, but the list was not far from
tiie top level of the day at the close.
There was a long list of gains running
from 1 to 4 points.
The improvement was regarded as a
reflection of the better feeling which p\e
vailed in all the principal markets of
the world. Developments at home were
propitious. Announcement that arbitra
tion had been agreed by both sides in
the wage controversy affecting eastern
railroads, and reports from Washington
that the currency bill would be altered
to insure protection of government bonds
removed two factors of uncertainty. Some
increase in outside business was reported
by commission houses. An important in
fluence in the advance was European
buying of stocks. London and Berlin
purchasing whs largely responsible for
the exceptionally large rise in Canadian
Pacific.
Foreign markets also were strong, the
cables reporting a better feeling regard
ing the Balkan situation, and improved
monetary conditions. A significant de
velopment was the offering in this market
of foreign money for 90 days at a1* per
cent. This was almost the first indica
tion here of relaxation of European
money had been available on stock ex
change collateral.
Bonds were irregular. Total sales, par
vrlue. $1,414,000.
Cnited States bonds were unchanged on
call.
Bonds
U. S. ref. 2s, registered . 98
U. ref. 2s, coupon ., 98
U. S. 3s, registered . 102
IJ. S. 3s, coupon .. 102
U. S. 4s, registered .....*. J12
U. S. 4s, coupon. 112
Atlantic Coast Line 1st 4s . 88
Central of Georgia 6s . 103%
Illinois Central 1st ref. 4s. 90
Louisville & Nashville un. 4s .... 9294
Seaboard Air Line adj. 6s .... 71%
Southern Railway 6s .. 101%
Southern Railway gen. 4s . 73
Treasury Statement
Washington, .July 16.—The condition
of tlie United States treasury at the
beginning of business today was: Net
balance in general fund, $124,398,32."#.
Total receipts yesterday, $2,017,674. To
tal pay ments yesterday, $5,662,180. The
deficit this fiscal year is $1 7,784,263,
agafnat a- deficit of $11,008,4 23 last,
year. exclusive of Panama canal and
public debt transactions.
New York Money
New York. July 16.—Call money
Heady 2(fi>2% per cent. Last loan,
2%. Closing bid, 2. Offered, 2%. Time
loans strong. Sixty days, 3%<{v4 per
cent. Ninety days, 6&5%. Six months,
6#6%.
Prime mercantile paper, 6 per cent.
Sterling exchange easier, with actual
business In bankers’ bills at 483.26 for
60-day bills and at 4.86.50 for demand.
Commercial bills, 4.83. Bar silver,
68%r. Mexican dollars, 47c. Govern
ment bonds steady. Railroad bonds ir
regular.
Bank of France Statement
Paris, July 16.—The weekly statement
of the Bank of France when issued to
morrow will show* Increases amounting
to 14,9993,000 francs in gold holdings
and 1,692,000 francs in silver holdings.
French Exchange
Berlin, July 16.—London exchange
20m 46% pfg8. for checks. Money. 3%
per cent. Private rate of discount, 4%.
per cent.
• German Exchange
Parish, July' 16.—Three per cent rentes!
84 francs, 25 centimes for the account;
exchange on London, 25 francs, 24% cen
times for checks. Private rate of dis
count, 394 per cent.
London Stock Market
London, July 16.—The stock list was
tteady this morning. Prices later ad
vance! irregularly when realizing de
pressed the consols quotations Vi below
the highest. American securities opened
steady. The better labor outlook In the
United States induced fair buying and
prices advanced Vi to ?i over parity dur
ing the first hour. Closed quiet.
London, July 16.—Consols for money,
72*i; for account, 7274: Illinois Central,
Ho**: Louisville and Nashville, 136; South
ern railway, 22V Bar silver, steady, 27d
per ounce. Money, 2-li per cent. Dis
count rates: Short bills. 3%@3 11-16 per
cent; three months, 4(54 11-16 per cent.
Metal Market
New York. July 16.—Copper, steady.
Standard, spot. $13.25 bid; July, 13.23(5
13.87: August and September, $13.25(513.75:
electrolytic. $14@14.37; lake, $13.£7@13.50;
casting, $13.87(514. Tin, easy; spot. $39.80
(540; July to August. September, $39.75(5
39*.90. Lead, quiet.. $4.30 bid. Spelter, firm;
$5.15@5.30. Antimony, nominal; Cookson's,
$8.55(58.65. Iron, dull; unchanged.
r-ew Tork. July 16.—London closed:
Copper, quiet; spot. £63; futures, £63, 5s.
Tin, quiet; spot, £181, 15s; futures, £182,
5s. Lead, £20. Spelter. £20, 10s. Iron,
Cleveland warrants. o5s, 4V£d.
Live Stock Market
Chicago, July 16. —Hog receipts, 21,000;
market actively: mostly 10c higher. Bulk
of sales, $8.95@9.20; light. $8.95<&9.40; mixed,
$8.80(59.35; heavy. $8.55@9.20; rough. $8.5t/q
8.75; pigs, $7.30<&l|15.
Cattle: Receipts, 16,500; market steady.
10c down.; calves strong. Beeves, $7.10(5
9.15; Tevas steers, $7@8.10; western steers,
$7.15©8.20;.«tockers. $5.60@*47.90; heifers and
cows, $3.80@8.50; calves, $8.o0@11.25.
Sheep; Receipts. 27,000; market 10c to
15c down. Native, $4.40@5.40; western, $4.40
@5.25; yearlings, $5.75@7.25; native lambs,
$6.76@8.50; western, $6.7o@8.50.
Kansas City, July 16.—Hogs; Receipts
7100; market 5c to 10c down. Bulk, $8.90(5.
9: heavy, $8.90(59; packers and butchers,
$8.90@9; light, $8.90@9; pigs, $7.60@8.50.
Cattle: Receipts, 8000, including 200
southerns; market steady to 10c lower.
Prime fed steers, $8.50@8.90; dressed beef
Hubbard Bros. & Co.
Cotton Merchaut*. Hanover Square, Jf.
V. Members New "Vork Cotton Ex
rliaiigr. New Orleans Cotton Exchange,
New York. Produce KxchanRe. Asso
ciate Members Liverpool CoFton Asso
elation. Orders solicited for the pur
chase and sale of Cotton and Cotton
>*oed Oil for future delivery. Special
attention and liberal terms given for
fonsignments of spot cotton for de- *
livery. Correayoudeuce invited.
THE CLOSING STOCK LIST *
Sales. High. Low. Close.
A. C. H. ..“-- —
Alllal. Cop.29400 66% 64% 66%
Amer. Agri. 45
Amer. K. s. 300 22% 22% 22%
Amer. Can ....12500 20 % 2S% 29
do pfd .1200 90 87% 90
A. C. * F. .... 700 42% 42 42%
Amer. Col. Oil . 400 36% 36% 36
Amer. Ice Sec.. 24:4,
Amer. I.ln, .... SOO $% 8% 8%
Amer. Ix>co. 29
A. S. « R. 6500 61% 60% 61%
do pfd . 100 99 99 99
A. 8. R. 200 109 Vi 109 108
Amer. T. & T. .2000 127% J27% 127%
Amer. Tob. 100 218% 218% 218
Ana. Min. Co. .1800 33% 32% 33%
Atchison .1300 96% 95% 96%
do pfd . 300 97 96% 96 %
A. C. I.,. 100 116 116 116 ’
R * 0. 600 94% 93% 94%
Beth. Steel .... 700 29% 29 28V'.
B- R- T. 1500 88 87% 87%
Can. Pac.18900 217% 215% 216%
Cen. Heath. Soo 22 22 21%
<’• & <J.2100 54 % 53% 63 %
Chi. G. W. .. 12%
C.. M. & St. P. .2900 104 103% 103%
C. & N. W. 500 128 1 27 1 27%
C. F. <fc 1. 600 2 8 Vi 28 27’,
Con. Gas . 500 130 129% 130%
Corn Prod. 600 10 10 ’ in
.H. & II.1B3
D. & R. G.100 16 Vi 16 Vi 16‘5
do pfd . 200 30 29"8
Bis. See. 4 .>14
Esie .5800 26 25% 25%
do 1st pfd ...1400 39% 38% 39%
do 2d pfd . :1n,?
<*«»• Elec. 700 140 139Vi 139
G- N- Pfd . 1800 124 123% 123%
G. N. Ore Ctfs. . 400 32% 32% 32%
|u: C*n- . -00 113% 113 V4 112%
Xnter.-Met. 900 15% 45% 15i
do Pfd .1600 56% 56 Vi 56%
Inter, liar. .... ... . 10*’%
lnter-Marlne *
Pfd . 100 13% 13% 13%
Inter. Paper ...1200 9% 9% 9it
Inter. Pump. i;
?* & .. 1 300 27 % 27 " 27 Vi
l>acl^(ie das .... 100 94 94 90
Salog. High. Low. ("lose.
I /eh i gif VairTT.7 300 M 7 74 146 146 %
Is. & N.. 700- 134 133 134
Minn.. St. I*. &
Sault Ste. M. . 400 126 74 124 124%
M. . K. & T.2000 21 74 21 21 %
Mo. Pac.1100 31 3074 3) 74
Nat. fits.100 113 113 112 V
Nat. Lead . 45 74
Nat. Rys. of Mex.
2d pfd . 400 11 10 74 10%
N. Y. C. 3200 98 96% 97%
N. Y.f O. & W. . 100 28% 28% 28%
N. & \V. 400 104 108 74 104
Nor. Amer. .. 67
Nor. Pac.8200 107% 106% 107
Pac. Mall . 18 74
Pennsylvania .. . 2000 1 11 % 111 % 111 %
Peo. Uas . 100 111 % 111 % 111
P.. C. C. &
St. Louis . 90
Pitts. Coal _ 1000 16 16% 16
P. S. C. 100 23 23 23
P. P. C. 152 74
Reading .48600 159 7* 157% 159
.Ft. I. & S. 1900 19% 19% 19%
do pfd . 78
R. 1. Co. 700 16 74 15% 16
do pfd .2200 25% 25% 25%
St. L. & Sail F.
2d pfd . 6*4
S. A. L. 700 18% 18 18 74
do pfd . 400 41 74 41 76 41
SlosH-ShefTield ^
and Iron . .... 23 7k
Sou. Pac. 11000 92 74 91 % 91%
Sou. Ry. 700 22 21% 21%
do pfd . 600 75 75 75
Tenn. (’op.1600 30 28% 29%
T. & P.100 14 14 14
Union Pac.32300 147% 145% 147
do pfd . 500 83 82% 83
U. S. Realty. 61
U. S. Rub.7000 60 74 58% 59%
U. S. Steel _50100 54% 53 74 Gf%
do pfd . 700 105% 105 105%
Utah Cop. 2900 43 42% 4 2%
V. -C. Chem. . . 600 25 21% 26%
Wabash . 2 74
do pfd . 100 6% 6% 6%
West. Md.600 38% 38 38%
West. Union .... J00 617k 617k 61%
West. Elec.1000 59 B8 58%
W. & L. K. 200 5 5
.. _«atea ior the day. ^SD.flOO shares.
_LOCAL SECURITIES
,, „ ttate. Bid. Asked.
Ala. F. & I. 4 so 65
Amer. 0. Rys., pfd.... 6 66 68
Amer. C. Rys. 33 37
Anter. T. & S. Bank... 8 170 180
Avondale Mills, com.. 8 110 115
Avondale Mills, pfd . 8 100 105
Bessemer C. & 1. 4 15 65
B'ham, K. & B.. com... 9 14
B'ham, E. & B., pfd. 6 30 38
B'ham Baseball Asso.. 140 170
B'ham Really Co. 4 175 200
B'ham T. & S. 8 250 258
Cham, of Com., pfd .. 7 74 80
Com. Bank * T Co. . 98 108
Corey Band . 70 75
East Bake Land 65 65
Elmwood Cem. Co.i 87 06
Empire Imp., com .... 8 80 85
Empire Imp., pni .... 8 104 no
Ensley Land . 112 125
First National Bank ..12 258 268
Great Sou. Life . 10 18
Interstate Casualty .. 4 7
Interstate Fire . 4 7
Jeff. Co. S. Bank.10 160 176
Jefferson Fertilizer .. 8 130 135
L., L. & L.. com . 45 50
L. , J. ft L„ pfd . 7 05 95
M. K-. M. Bank . 8 130 135
North B’ham Land .... >6 22
Protective Life . 10 12
Prov. Oil & Gas . 2 6
Realty Tr. Co., com.... 8 110 125
Realty Tr. Co. pfd ... 8 100 110
Sou. States Fire . S 6
Traders Nat. Bank ... 9 166 ISO
BONDS
Kata. Bid. Asked.
Ala. Slate ref.. 1 920... 4 95 100
Ala. Slate Renew., 1956 314 88 92
Ala. State Renew., 1950 4 100 102
Ala. State Fair . 6 76 85
Amer. c. Rys.5 S9 91
bessemer C. & I.s 100 10*
B'ham, E. & B. 5 65 G9
B. It.. L. & P. 6 98 100
B. R.. L. & P. 4*4 89 81
B'ham Ice Factory .. * 100 106
B'ham R. & E.5 100 102
B'ham Waterworks ... 5 86 89
B'ham Waterworks ... 6 108 112
City af Birmingham .. 6 100 104
City of Birmingham .. 6 105 108
Continental Gin . 5 101 106
Country Club . 6 96 100
Jefferaon County .... 6 102 108
Jefferson County .... 6 105 110
Jefferson County .... 414 160 163
Milner Land Co. .... ( 166 108
Nashville Railway .... 6 162 105
Pratt Consolidated ... 6 82 88
Sloss T. & S. 6 10! 105
gloss LAS. 414 62 95
T. C. I., gm. mtg.6 100 102
T. C. I.. Tenn. Dlv.6 101 103
T. C. I.. Ship Bldg_ 6 102 104
T. C. I.. B'ham Dlv .. 6 101 103
T. C. I.. Caha' a Dlv. 6 103 107
steers, $7.40$S.40; western steers, |6.15$8.40;
southern steers, $5.50$7.75; cows. $4.50$7;
heifers, $6.50$ 8.75; Stockers, $5.25$,7.85;
calves, $6$9.50.
Sheep: Receipts, 4000; market, higor
opeiing, closing, down. Lambs, $7.25$S.oO;
yearlings, $5.25$$; wethers. $1.50$5.25;
ewes, $3.75$ 4.75: stockers, $2.7o$4.25.
, St. Louis, July Hi.—Cattle: Receipts.
5300, including 1800 southern; market
j steady. Choice to firm steers, $8$8.7;
dressed and butcher steers, $7.25$8; stock
ers, $5.25$ 7.50; Texas and Oklahoma steers,
|$6.25$8.10; cows and heifers, $4,25$6.50.
Hogs: Receipts. 8300; market 10 higher.
I PigFs and lights, $7.25$9.35; mixed and
| butpeher steers, $9$9.35; good heavy, $9.20
$9.30.
Sheep: Receipts. 6400; market strong.
Muttons. $3.85$ 4.50; yearlings. $5$6.25;
lambs, $6.50$S.50.
Coffee Market
New York, July 16.—Relatively weak,
early cables from EuVope inspired only !
moderate selling In the coffee market :
today, and after opening at a decline |
of 3 to 5 points, pric.-s rallied sharply
in late trading*. Firm offers in Bra
zil were reported unchanged to 10
points lower, but still were above a
parity with local prices. Private ca
bles from Hamburg attributing the de
cline there to bear pressure, probably
tended to modify the Influence of the
weakness abroad. Better closing ca
bles from Havre, and a fooling that
the comparatively small volume of of
ferings around the local ring indi
cated a pretty well liquidated situa
tion, contributed to the afternoon ad
vance. which reflected European as
well as local buying. The close was
steady. July, 8.45c; September, 8.65c;
October. 8.73c; December, 8.87c; Jan
uary, 8.93c; March, 9.06c: May, 9.14c.
Spot coffee steady; Rio No. 7, 9c;
Santos No. 4. ll%e. Mild coffee dull;
Cordova, 13@16*c.
Havre % franc higher. Hamburg
'i @ VaPfg- lower; Rio. 75 reis lower at
5sxl75. Santos unchanged. Brazilian
port receipts, 22,000, against 42,000 last
year. Jundiahy receipts, 25,000. against
27,000 last year. Today's Santos ca
ble reported market unchanged; Sao
Paulo receipts, 27,000, against 34,000
yesterday.
Naval Stores
Savannah, July 16.—Turpentine steady.
86V4®3694c; sales, 41; receipts, 951; ship
ments, 1332; stocks, 35,775. Rosin firm:
sales. 268: receipts, 2723; shipments. 1428;
stocks. 146,899. Quote: A. B. $4.10; C, D,
$4.20; K. F. G, $4.25; H, T. K, $4.30; M, $4.60;
N. $5.40; WG, $6.35; WW. $6.50.
Cotton Seed Oil
New York, July 16.—Cotton seed oil
closed firm, spot 9.10c bid. July, 9.06
9.50c; August, 9.05@9.10c; September.
9.059.07c; October, 7.98@7.99c; 1300
sold at 8c; 1300 at 7.99c. November,
6.83@)6.85c. December, 6.56c; January,
6.54 @6.66c; February, 6.55@6.66c. Sales
between third and fourth calls, Sep
tember. 100, at 9.05c; October, 200, at
7.98c; November, 300, at 6.85c. Total
sales, 17,100.
New York, July 16.—Cotton seed oil made
new high records for the list on urgent de
mand from refiners and shorts, together
with new speculative buying of late
months. There was considerable profit
taking on the advance, which caused a
slight setback, but the undertone at the
close was decidedly firm. Final prices were
14 to 15 points higher on near and 2 to 3
points higher on late months. Sales, 18,
000 barrels. Prime crude nominal; prime
summer yellow, $9.10c; July. 9.06c: August
and September, 9.05c; October. 7.98c: No
vember, 6.83c; December, 6.63c; January,
6.54c; February, 6.53c. Prime winter yel
low, 9.15c bid; prime summer white, 9.20c
bid.
Jackson Sells Waterworks Bonds
Jackson, Miss., July 16.—(Special.)—The
municipal commissioners sold $250,000
worth of waterworks and street Improve
ment bonds today to Weil, Roth & Co. of
Cincinnati at par and a premium of $1176.
Work will be pushed from now on and a
filtering plant will be in operation in a
few months, giving Jackson good, clear
w ater in place of mud.
Found Dead in Bathroom
Huntsville. July 16.—(Special.)—Mrs. Mil
ton High, wife of a well known planter of
this county, was found dead in the bath
room of her home In the eastern part of
the city last night. She had been in deli
cate health several weeks and died sud
denly from some affection of the heart.
She was a daughter of Jack Jamar.
WELLBALANCED
Political News Has Little
Effect in New Orleans.
Weather Dry
New Orleans, July 16.—The main influ
ences in the cotton market today were
well balanced and prices moved within
a very narrow’ range in consequence. For- ;
eign political news was disquieting and
the news was filled with any number of
pessimistic reports regarding the Balkan
situation, the controversy between China
and Russia and the Mexican situation, but
they had little effect because the weather
over the belt remained dry and -hot, a
state of affairs which the bulls claimed
could not result in a large yield.
The opening was steady, 1 point down
to 2 points up. All ray long a scattered
demand served to hold the market steady.
Around the middle of the morning prices
were 4 to 6 points over yesterday’s closing
level. This was the high of the day.
The afternoon was featureless, and the j
market closed steady at a net gain of 1
to 3 points.
The weather map was dry and the fore- ]
cast predicted more dry wreather for the
larger part of the belt. Crop reports were
more encouraging than otherwise, and
considerable open cotton was reported in
Texas. Bulls claimed that the prevailing
weather was forcing cotton to a too early
maturity.
New Orleans Cotton futures
Open. High. Low. Close.
July . 12.48 12751 12748 1 2.48
August . 12.08 12.09 12.07 12.06
September ... ii.64 li.70 11.70 11.07
October . 1 1.54 1 1.60 11.54 11.57
December ... 1 1.51 11.57 11.52 1 1.54
January .* 11.53 11.58 11.53 11.5G
March . 1 1.60 11.66 11.63 11.64
New Orleans, July 16.—Middling, 12 7-lGc;
sales on the spot. 601 bales; to arrive, 28.
Low ordinary, 9 l-16c nominal; ordinary.
9V nominal; good ordinary, llV&e; strict
good ordinary, 1194c; low middling, 12c;
strict low middling, 12V4c; middling,
12-7-16e; strict middling, 1294c; good mid
dling. 12T4c; strict middling good, 13V4c;
middling fair, 13 9-16c nominal; middling
fair to fair,. 13 15-1 Gc nominal; fair, 14 5-16c
nominal. Receipts, 745; stocks, 34,793.
assassinationTs
STILL A MYSTERY
Jackson, Miss., July 16.—(Special.)—The
assassination of C. D. Newell and wife ori
their little farm in Rankin county, a few
miles east of this city, last Saturday aft
ernoon. is as much a mystery today as at
the time of the discovery of their bodies
lying in their field, where they had been
shot to death. It has been suggested that
Newell’s former wife was seen in the vi
cinity recently, but her father, C. D.
Funchcss, declares that a lie out of tlie
whole cloth, as his daughter could not
have made such a trip if she had wanted
to do so, for the reason that she Is para
lyzed on one side and cannot get about at
all. Her three children are with her here,
and she had no wish to see her former
husband or his new wife, who had her
sympathy rather than her hatred.
Brazil Missionary in Butler
Greenville, July 16.—(Special.)—The But
ler County Baptist association has secured
the services of Rev. Taylor, a returned
missionary from Brazil, to make sermons
at the different churches in the county in
the interest of missions. Large congrega
tions are greeting him at each place he
preaches. In these meetings he is assisted
by one or more of the county's pastors.
Stereoptieon views of the Baptist mission
ary operations in the several foreign Helds
are shown and are proving of much benefit
to the cause.
WHEAT PRICES !
BULLISH IN TONE
The Chicago Market Closes
Steady—Leading Staples
Show Gains
Chicago. July 16.—Improved export
business ran up wheat prices today.
The market closed steady at an ad
vance of *4 ® %c to 1 J.4c net. All oth
er leading staples showed a gain—
corn to 1 ft %c, oats and
provisions a shade to 10c.
Wheat bulls took courage from the ;
fact that Liverpool traders would not !
harmonize with yesterday’s decline j
here. Cables told of rain damage in
France and referred to complaint about ,
general lateness of harvesting through
out western Europe. There also was
gossip that sales for ocean shipment
both from Atlantic cities and by way
of tile gulf had been much larger than
reported.
Weather of the kind to produce rust
was said to prevail in the Dakotas and
Minnesota and was being carefully
watched by wheat speculators here. Ad
vanced prices, however, stimulated ru
ral sales. The result was to put final
quotations slightly below the top level
of the day. Seaboard clearances of
wheat and flour equalled 463,000 bush
els. Primary receipts of wheat were 1,
28.000 bushels, a year ago 515,000 bush
els.
Corn ascended because of unbroken
drouth and heat west of the Missouri
river. Cash offerings were notably
small.
Buying received a check through un
official predictions of rain. Disappoint
ing thresher returns in Illinois had
a strengthening influence on oats.
Higher prices for hogs served as the
chief basis on which to hoist provi
sions. The market felt the effect also
in the bulge of coarse grain.
Future quotations were as follows:
vvneat— upen. mgn. low. (lose.
July . 85 86 8i> j 85%
Sept . 87 87 86% 86%
Dec . 89% 90% ' 89% 90%
Corn—
July . 60% 60% 60% GO3*
Sept . 61 61 Vi 60% 61%
Dec . 57t* 5»% 57% 57%
Oats—
July . 38 38% 37% 37%
Sept . 38% 39% 38% 39
Dec . 40 40% 40 40%
Pork—
July .23.85 21.90 21.85 21.90
Sept .20.87 % 21.07% 21.00 21.00
Lard—
Sept .11.67% 11.7f% 11.67% 11.70
Oct. .11.72% 11.77% 11.72% 11.77%'
Ribs—
July .11.52% 1 1.65 31.52% 11.60
Sept .11.67% 11.77 % 11.67% 11.72%
Oct .H-15 11,57% 11.45 11.50
Kansas City Grain
Kansas City, July 16.—Cash wheat, No. 2
hard, 80@66%c; No. 2 red, 80%@81c. Corn,
27c; No. 3, 26%c; No. 2 white, 65c. Oats,
No. 2 white, 41c; No. 2 mixed, 37@38c.
Close wheat, July, 79c; September, 80%c;
December. 34%@34%c. Corn, July, 60%c;
September, 61 %c; December, 67%c. Oats,
September, 3$3gC@$1.27; December, 40%fg>
40% c.
St. Louis Grain
St. Louis, July 16.—Cash wheat,1 No. 2
red, 84(ftiS5c; No. 2 hard, 93c. Corn. No. 2,
62%@63c; No. 2 white, 65%(&66c. Oats, No.
2. 39c; No. 2 white, 42c.
Close wheat. July. 83c; September, 84Vic.
Corn, July, 61%c; September, 61%c. Oats,
July-September, 38%c.
Chicago Grain
Chicago, July 16.—Cash wheat. No. 2 red,
new, 87c; No. 2 hard, new’, 86%@87%c; No.
2 hard, old, 88%@39%c; No. 1 northern.
91£/92c; No. 2 northern, 90@91c; No. 2
spring, 9^91 c. Velvet chaff. 88ro92c.
Durum, 84^90c. Corn, >,’o. 2, 61%@<61%c; No.
2 white, 63@63%e; No. 2 yellow, Gl^i'g^c.
Oats, standard, 39%@39%c; No. 2 rye, 63c.
Barley. 48<&63c. Timothy, $3.76@4.75. (’lov
er. nominal. Pork. $22.00@22.50. Lard, $11.60 |
@11.62%. Ribs, $11.75(b 12.25.
Cincinnati Produce
Cincinnati, July 16.—Flour. steady.
Wheat, firm; No. 2 red. 87@88%e. Corn,!
firm; No. 2 mixed, 64%@65c. Oats, steady;!
No. 2 mixed, 39%@40c. Rye, firm; No. 2, 1
59@61c. Hay. firm; timothy, $14@19. Bulk!
meats, bacon steady. Lard, easy, $11.15@!
11.35. Butter, steady; creamery extras,
30c: creamy firsts and seconds, 22@25c;
dairy, 21c. Poultry, easy; springs. 18@21c; j
hens, 16c; turkeys, 18c. Eggs, easy; prime'
firsts, 18%e; firsts, 14@16c; seconds, ]0c. j
St. Louis Produce
St. Louis, July 16.—Receipts: Flour. 11,
000; wheat. 116,000; corn, 43,000; oats, 49,000.
Shipments: Flour. 13,000; wheat, 219,000;
corn, 30,000; oats, 46,000.
- \
Liverpool Grain
Liverpool, July 16.—Wheat, spot dull;
No. 1 Manitoba, 7s, 9%d; No. 2, 7s, 7d;
No. 3. 7s, 4*4d; futures steady, July. 7s,
5%d; October, 7s, 3V6d; December, 7s, 3\d.
Spot corn steady; American mixed, new
kiln dried, 5s, od; American mixed old
nominal; old American via Galveston,
5s. 6d. Futures steady; September La
Flata, 4s, ll*4d; October LaPlata, 5s, %d.
New Orleans Rice Market
New Orleans. July 16.—Rice, rough good
demand for Honduras and fair demand
for Japan. Clean strong. Quote: Hough
Honduras, 2.23<0>4.5Oe; Japan, 2<$3.25c;
clean Honduras. 4®5%c: Japan, 3^4@3%c.
Sales: Honduras, 119 at 2.25%r3.50c; clean
Japan, 1000 at 3*4c.
Round Trip
Excursions
Via
SOUTHERN
Railway
Premier Carrier o’ the Sooth
New York .$41.35
Boston .$44.20
Asbury Park .$40.40
Atlantic City . $39.15
Asheville .$15.35
Hendersonville .$10.35
Lake Toxaway .$17.25
St. Simons ...$13.60]
Atlantic Beach ..«...$13.60
Tybee .$13.50
Isle of Palms ..$13.50
SPECIAL OCCASIONS
Baltimore. Md.• • • .$24.7 5
On sale August 1, 2, 3; limited Aug. 15.
Asheville N. 6 .$11.75
On sale July 17, 18, 19; limit July 30.
Black Mountain. N. C. *12.20
Ridgecrest. N. C. $12.20
On sale July 15. 18. 25. 28. 30, Aug. 1,
5, 8, 11, 12, 18; limit 16 days.
For All Information Write
41. tOXWKLL
District Paweuger A*cut
COTTON CLOSES
STEADY AT ADVANCE
More Activity With Prices
Making New High
Grounds
New York. July 16.—The cotton mar
ket was more active today with prices
making new high grounds for the move
ment on early new crop months, owing
to increasing anxiety over the crop sit
uation in tlie southwest, which is be
lieved to be critical as a result of con
tinued dry, hot weather.
Realizing cheeked the advance around
$11.50 for December contracts and caused
slight reactions in the late trading, but
the close was steady at a net advance
of 4 to 6 points.
Private cables attributed steadiness in
Liverpool to fears of hot weather in
Texas and the local market opened steady
at an advance of 3 to 6 points.
There were no reports of actual dam
age from either Texas or Oklahoma* but
the weather man held no promise of any
immediate rainfall and there was a more
general demand during the early trad
ing than for some time past.
The foreign selling of August, which
unsettled the near month situation yes
terday was not in evidence today and
houses with foreign connections were
moderate buyers of early new crop
months.
The bulk of the demand was attributed
to local shorts or Wall street interests,
however, and when offerings were found
to be increasing around llVfcc for new
crops, the buying became less active.
Reports of possible friction between Chi
na and Russia combined with rumors that
Texas was offering new crop cotton for
August shipment with increased free
dom, probably inspired some of the aft
ernoon selling, but there was too much
nervousness over the crop outlook to
encourage aggressive pressure and closing
prices were only 4 or 5 points off'from
the best.
Private crop advices received from
western as well as eastern sections of
the belt were of a generally favorable
average, and nervousness over new crop
conditions appears to be chiefly based
on fear of deterioration should rains fail
to occur in the near future.
It is reported that a few lots of cot
ton, possibly 3000 to .5000 bales, will be
received here in time for levirey on July
contracts from the eastern belt.
New York Cotton Futures
Open. lfigliTXow. Close.
July ......... 12718 5X21 f 2A7 lXlli
August . 12.09 12.13 12.07 12.09
September ... 11.72 11.75
October . 11.53 1 1.58 11.53 1 1.53
November . 11.44
December ... 11.43 11.60 11.43 11.45
January . 11.38 11.43 11.37 11.39
February. 11.40
March . 11.45 11.49 11.45 1 1.46
May .n 11.49
Port Cotton Movement
Galveston: Quiet; middling, 12 5-16c;
net receipts, 889; gross receipts, 889;
sales, 473; stock, 42,929; coastwise, 770.
New Orleans: Quiet; middling,
12 7-16c; net receipts, 745; gross re
ceipts, 855; salijfs, 69; stock, 34,793;
Great Britain, 2511; coastwise, 200.
Mobile: Quiet; middling,*12c; net re
ceipts, 2; gross receipts, 2; stock, 4 48R.
Savannah: Firm; middling. 12c; net
receipts, 201; gross receipts, 201; stock,
33,842; coastwise, 553.
Charleston: Nominal; net receipts,
109; gross receipts, 109; stock, 4121;
I coastwise, 181.
Wilmington: Quiet; middling, 12c;
net receipts, 94; gross receipt*, 94;
stock, 10,226.
Norfolk; Firm; middling, 12^c: net
receipts, 119; gross receipts, 119; sales,!
100: slock, 16,588; coastwise, 1291.
Baltimore: Nominal; middling, 12%c;
stock, 6341.
New York: Quiet; middling, 12.35c;
gross receipts, 891; stock, 38,779; Great
Britain, 4075; coastwise, 946.
Boston: Quiet: middling, 12.35; net
receipts, 345; stock, 7871.
Philadelphia: Steady; middling, 12.60;
stock, 562.
Texas City: Stock, 2590.
Brunswick: Stock, 5698.
.Jacksonville: Stock, 501.
Total today at all ports: Net, 2169;
Great Britain, 6586; stock. 199,299.
Consolidated at all ports: Net, 11,652;
Great Britain, 6710; France, 400; conti
nent, 10,837.
Total since September 1 at all ports.
Net, 9,747,601; Great Britain, 3,466,668;
France, 958,720; continent, 3,447,195;
Japan, 38,402; Mexico, 14,750.
Interior Cotton Movement
Houston: Quiet; middling, 12 3-l6c; net
reeeipes, 128; gross receipts, 128; ship
ments. 572; stock, 38,257.
Augusta: Steady; middling, 12'aC; net
receipts, 101; gross receipts, 101; ship
ments. 474; sales. 742; stock, 16,024.
Memphis: Quiet; middling, 12%c; net
receipts, 50; gross receipts, 276; shipments,
1296; sales. 350; stock, 24.288.
St. Louis: Quiet; middling, 12 5-16c;
gross receipts, 1362; shipments, 1762; stock
17,960.
Cincinnati: Net receipts, 322: gross re
ceipts, 322; shipments, 237: stock, 22,740.
Little Rock: Steady; middling, 12c; net
receipts, 1; gross receipts, 1; shipments,
65; stock, 13,210.
Oreenvllle: Quiet; middling, 12c.
Total today: Net receipts, 602: gross
receipts, 2190; shipments, 4346; sales, 1092;
slock, 132,479.
Liverpool Cotton Market
Liverpool, July 16.—Spot Colton in fair
request, steady; middling fair, 7.32d; good
middling, 6.98d; middling, 6.74d; low mid
dling, 6.54d; good ordinary, U.Ofid; ordinary
5.72t1.
Sales, 8000 bales, including 7100 Amer
ican and 1000 for export and speculation.
Receipts, 1uoO hales, no American. Fu
tures closed steady; July, 6.49d; July-Au
gust, 6.48>,4d; August-September, 6.40V4d;
Septerober-October, 6.27VF1; October-No- ;
vember, 6.21d; Novembcr-December
6.10»<jd; December-January, 6.10d; Jamiury
February, 6.16d; February-Mareh, 6.17Vid.
Mareh-April, 6.18t4d; Aprll-May, 6.lO'Ad;
May-June, 6.2olf,d; June-July, 6.2oVsd.
Dry Hoods
New York, July 16.—Cotton goods novel
ties for spring are in more general de
mand. Yarns arc generally steady, but
trading is confined to nearby wants. Do
mestic embroideries of fancy constructions
arc being displayed for a new season.
Hubbard Bros. & Co.’s Letter
New York. July 16.—(Speolal.i—Prices
were steady with the recent dullness con
tinuing.
Speculation is inert pending the legis
lative possibilities of Inimical action. As ;
damage Is somewhat apprehended from
the high temperatures in the southwest,
some buying resulted, followed by realiz
ing sales.
The undertone is firm. Boil weevil re
ports arc current, though the heat Is
against their increase. Showers were
looked for in Texas, but sellers arc wary.
There was some local buying of July and
August, as their position is dangerous.
The fear or pollllcs may have diverted
sonic hedging business from this market
to Liverpool.
Reports from New England Indicate that
the recent activity In the goods trade there
hits lessened.
Liverpool is due to come 1 to l',: higher
in the morning.
Received Impetus From the)
Recent Rains—Prices
Are Steady
Business on Morris avenue yesterday
was marked by briskness. The rains
of the preceding day had done good
and llie merchants were smiling hap
pily.
In the produce line the demand is
good and the supply Iti keeping. No
change In quotations was noted in this
division of the market.
Fish w'ere in excellent demand yes
terday. The prices are practically un
changed, however.
The poultry market is much stronger
in tone than It has been for more than
a week. There is a good demand and
the prices are firm. The supply is
well abreast of the demand.
LOCAL QUOTATIONS
Pi( Iron
IF . *11.50
2F . U.OO
3F . 10.50
Gray Forge . 10.00
IS . 11.50
2S . 11.00
Local Cottoa
Strict good middling . 12940
Good middling . 12',.c
Strict middling . 1294c
Middling . 119,0
Strict low middling . U9.o
Meat
Lard, 1394c; compound. 1094c; dry salt
short ribs, $H; bellies, *15; ham
butta, 15.60c; Boston butts, l«c: pork
loins, 1794c; spare ribs, 13c; breakfast
bacon. 274t2Sc; smoke,j ho * on. i 7. ■. i eguiar
ham, 2ii;4c; skinned ham, 2119c.
Creamery Products
Country butter. 204JZuc; treali creamery
butter, 32c; cheese. 17c; Imported Swiss
cheese. 31c; German brick cheese. 20c;
limburger cheese, 19c; Imported roquefort.
Be; Neufchatel cheese, per dozen, 45c;
Pimento cheese, 11.36; process butter, 30c.
Fruits and Produce
Apples, new, $1.60@2; Florida Va
lencia oranges, $5; California oranges, $5
box; limes, $1.25 per 100; Irish potatoes, 00c
to $1 bushel; sweet potatoes, JJooiey, $1.59
®*1.75 hamper; onions, red globe, 2o per
pound; lettuce, $1,504/2.60 per crate; cu
cumbers. per crate. 31.75; tomatoes, Flor
ida. $2,254/2.75; cabbage, Mobile, $1.7SfL2
crate; new Texas onions, crate, $1.50;
beaus, per hamper, $!.254*1.50; peaches. $24p
2.50 crate; squash, per hamper, $14*1.25;
cantaloupes. $2,504/3; watermelons, 134*1
25c; peppers, per crate, 31.504/2; lemons,
box of 300, $8,604/9. Okra. $24/2.80 haw.
3.50. Georgia cantaloupe, $2.60.
Fish and Sea Foods
Red snapper, 104»10$9c; In bbl. lots; gray
snappers or groupers. Be; Spanish
mackerel, 15c; sun perch or bream. 8c to
10c In bbl. lots; pompano, 20c; mixed lish.
8c In bbl. lots; crockers, 619c In bbl. lots;
mullet, bljc In bbls; small trout, 8$9c;
fresh water cat. dressed, 1219c; salt water
cat, 814c; speckled trout, 1219c.
Flour and Breadatuffs
Self rising flour, $6.75; Tennessee
flour, $5.40; Oklahoma flour. $5.00;
pure wheat shorts, $29; pure wheat bran,
$27; C. S. hulls per ton. 116; prims C. 3.
meal, per ton, $27; C. S. feod meal, per
ton, $27: No. 1 timothy hay, per ton, $23;
n.ixed alfalfa and Johnson grass, per ton.
$20; sack, $1.60; alfalfa haV. per ton, $22;
Johnson grass, per ton. $16; mixed feed.
$32; oats, 68e; bus; corn, 87e.
■ - /
Poultry and Eggs >
Hqns, per pound, 144? 14'jr; fryers.
Hi® 119 lbs. average, 3219c: fryers,
less than 1 lb. and under 119 pounds aver
age* lSSraoc: ducks, 14c pound; guineas,
30c; roosters, 30c; geese. 4O4/60c;
live turkeys, 17c; fresh eggs, case can
died, 17@18c; extra graded candled eggs,
24c.
Coffee and Sugar
Coffee, Arbuckles, $22.77 per 100 pounds;
Lvizanne. 25o per pound. Sugar, standard
granuated, 6c per pound. ^
Opportunity
By prompt action those with ready cash can now in
crease their earuings.
I J have gilt-edged paper daily passing through my
office drawing from 7 to 8 per cent. DISCOUNT in
advance.
Highest class active stocks and bonds as collateral.
Heavy margin to provide against depreciation. Time
to suit lender.
Will submit same on request.
Have $4000 to loan on first mortgage at 8 per cent.
GEO. B. WARD
California
appeals to all tourists. Pretentious hotels—cozily
furnished bungalows—camps for nature lovers.
Fashionable seaside resorts for the idler—pictur
esque missions for the sightseers — mountain
streams for the fisherman. Perfect roads for
motoring. Go this summer. A
Excellent Daily Trains |
from Omaha, Kansas City, St. Louis and Chicago
via the famous ,
Union Pacific
STANDARD ROAD OF THE WEST
Heavy double tracks—dustless roadbed—Automatic
Electric Block Safely Signals.
Stopovers at Denver, Colorado Springs, Pueblo and
Salt Lake City may be arranged, also a side trip to
Yellowstone National Park. Greatly reduced round
trip fares in effect daily to September 30th make
this trip inexpensive. Write for
illustrated oooitiers giv*
ing detailed information
about trains, resorts and
side trips. Don’t wait
until the last minute.
Make your plans now.
Let us help you. Address
A. J. DUTCHER, G. A.
908 Olive Street
St. Louie, Mo.
C. M. ROLLINGS, T. P. A
> 620 Woodward Bid;
Birmingham, Ala.
FfcO AViXrirV Thc Nerve, Blood and
I 9 Skin Disease Specialis
Couanltatlon aud Examluutluu Free
■ Guarantee Lifelong Cure Nervous, C Iirotilc and
Private Diseases of .Men and Wuuien, Such An
Varicocele Etnlaaloui Cost 31aubooU
Hrilrnn.l. LoSSCS BOl I'ClIiale
Hydrocele Drains Weakness
I Stricture Blood aud Diseases of
m_.t Skin liver.
Diseases Kidney and
Gonorrhoea Syphilis Illndder
Charges reasonable; terms made to suit patient's
convenience. All medicines furnished without extra
charge. Hours U to 7. Sundays to 1. Call or write
} DR. J. S. ABNEY, Specialist
Rooms 402*3-4, Fourth Floor, Farley Building
Corner 3d Ave. aud 20th St. Klevator Entrance 3d Ars
AUTOMOBILE INSURANCE
Complete Protection \KaliiNi
FIHP% THEFT, COLLISION, TRANSPORTATION VM) PROPERTY PAMAGB
ALL IN ONE POLICY
Liverpool hiiiI London nod CIIoIm* Tnatirauce Company of Neiv York
LOUIS V. CLARK & CO., Agents.
807 CALL—I’HU.NE—WRITE -Kb AVE. AM) SOth Mb