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Ml MOVEMENT IN
STOCKS DOWNWARD While No Recovery From Recent Decline, Market Much Steadier New York, September 1.—While no recovery was today made from lb. week’s dec-line in storks, tlie market was steadier. The various Influences which combined to dtpress quotations appeared to have worked themselves out and there was nothing in the day’s news to alter the speculative position. Hie case with which some stocks de clined on sporadic selling tend to re strict operations for the long account. The result was that speculation was near a deadlock and the volume of bus iness was small. The main movement was downward, though it did not ex ceed fractional limits in most cases. Vjf the standard issues. Union Pacific and Heading, against which most pres sure was directed, were heaviest. There were other factors than the technical position of the market which tended to curry the decline further. There was a firmer tendency in the money market and toward the close of tlie day call funds ran up to 4Va per cent, the highest rate for months. •Money market conditions reflect the continued demands for funds for crop moving purposes. These calls on New York banks together with the financing incident to the Southern Pacific sub scriptions, liAve made heavy encroach ments on reserves. Continued drought in the corn belt and rain in some cotton and wheat states "ere reported in the crop news, which again has become a factor of first im portance in the stock market on ac count of the unexpectedly poor showing made by corn and cotton during the last fortnight. Copper metal scored a further advance to IGV&c. Copper stocks were relatively firm. Bonds were irregular. Some recent issues were bought on a rising scale while more seasoned declined. Total sabs, par value, $1,3o8,000. Panama 3s, coupon, advanced Vi on call. Bonds IT. S. ref. 2*. rotflstbivd . 98 P. S. ref. 2b. coupon . 98 1'. S. 3b, regintered . jo2 U. S. 3s, coupon . 102 U. S. 4b, registered . 110% L. S. 4h, coupon . 110% Central of Georgia, 5« . 103% Illinois Central 1st ref. 4b....... 91 Louisville & Nashville un. 4s .... 94% Seaboard Air Line adj. 5s . 7 4 Southern Railway 5b . 104 Southern Hallway gen. 4s. 75% Treasury Statement Washington, September 4.—The condi tion ol the I’lilted States treasury at the beginning of business today was: Net balance in geneial fund, *128,213,86]; total receipts, yesterday, *2,970,253; totai pay ments yesterday, *1,961,007. The deficit this fiscal year Is *9,785.661, against a de Ik’it of *6,510,627 last year, exclusive of Panama canal and public debt transac tions. I New York Money New York, September 4.—Money on call, 4'i per cent; ruling rate. 2*i per cent; closing 1)1.1. :'!/per cent. Time loans firm, 60 days, 4 per cent, 90 days, 4tfe per out' six months, 5 per cent Prime mercantile paper, per cent. Sterling exchange firm, 4.82.60 for 60 dav bills, *4.85.80 for demand, t.’ommerelul bills. *4.82'i. Bar silver. 5S5»c; Mexican dollars, -16c. Government bonds tirm. 1 Railroad bonds uneven. Bank of Engliand Statement T.ondon, September 4.—Weekly state ment of the Bank of Kngland: Tetnl re serve, decreased £12».i«l: circulation, In creased £214,000: bullion, increased £89. 572; other securities, decreased A. 40.100; public deposits, decreased £466,000; other deposits, increased £150,000; notes reserve, decreased £80,000. Government securities unchanged. Proportion of hank's reserve to liability. 59.59 per cent. Discount un changed dVu per cent. Bank of France Statement Paris, September 4.—Weekly statement of tile Bank of France: Gold In hand, decreased t4.isi2.000 francs; silver in hand, increased «.aoi.0rt0; notes In circulation, in creased 248,225,060; treasury deposits, de c leased 70.216),000; general deposits, de creased 116,360.000; bills discounted, in creased 165,175,000; advances, Increased 17. 204.000. French Exchange Baris, September 4.—Three per cent rentes, S9f 57% centimes; Loudon ex chaiiKe, 25f 25 centimes. Herman Exchange Berlin, September 4.—London ex change. 20m 42 pfg*. for checks; money 4 per cent; private discount .ate, 5fir 5% per cent. / I nnHnn SltnrL London, September 4.—Firmness in foreign bonds and rubber shares were the only displays of stability in the stock transactions today. A renewed support helped the list in the late trad ing am! the closing was stronger. American securities opened quiet and steady. Prices moved unevenly until New York offerings depressed the en tire list. Repurchases followed. The list recovered then and closed steady. Consols for money. 73?; consols for the account. 73 9-16; Illinois Central, 111: Louisville and Nashville, 139; Southern Railway, 24 7i; bar silver steady, 27 9-16d per ounce: money, 21.4 discount rate, short bills, 3 9-16; three months. 3 11-16. Metal Market Now York, Sep I ember 4.— Lead quiet, I4.2D bid: London, £21: splenter steady] $5.35®5.90; London. £21 10s 6d: copper quiet: standard spot, $15.40 bid: (Sep tember. October and November, $15.50 ®t«: electrolytic. $16.25016.50, lake, $16.50® 16.75; casting. $16016.12; tlri steady, spot, $43.62# 48.87; September, 43.50043.87; October, $43.37 048.62; No vember. $43.26043.40; antimony dull, t’ookson's $8.4008.50; iron steady, No. 2 Northern $15.75# 16.25; London closed] 'copper firm, spot. £73: futures, £72 10s] tin easy, spot, £198 10s: futures. £197; Iron, Cleveland warrant*, 55s lotjd. Live Stock Market ( imago, September 4.—Hogs: Receipts, H.DOO; strong and 10016c higher; bulk of sales, $7.7508.30; light, $8.3008.95; mixed, I7.454/S.83; heavy, $7.3008.56; rough, $7.30® 7.0); pigs, *3.5008.20. Cattle: Receipts, 4500; steady to 10c lower: calves, 25060c lower: beeves, $6.90® 9.15: Texas steers, $0.7007.75; Stockers, $5,504(7.90; edws and heifers, $3.7008.60; 1 alvcs. $8.75012. Sheep: Receipts, 21,000; iambs steady to 1<ic higher; sheep weak; native sheep, $3.5001.75; yearlings, $5®6.75; native lambs, $3.6007.05. Kansas City, September 4.—Hogs: Re ceipts, tSOO: 10c higher; bulk of sales, $8.15 08.50; heavy, $908.20; packers and buteh Hubbard Bros. & Co. Cotton Merchants, Hanover 8ausre, If. V. Members New York Cotton Ex change, New Orleans Cotton Exchange, New York Produce Exchange. Asso ciate Membor* Liverpool Cotton Asso ciation. Orders solicited for the pur chase and sale of Cotton and Cotton Seed Oil for future delivery. Special attention and liberal terms given for consignments of spot cotton for 4*. Uvcry. Correspondence Invited. THE CLOSING STOCK LIST . _Open. High. Low. Close. _ open. Hlgh T,ow. close. Antal. Cop.14900 76% 75% 75% Lehigh Val.1300 153% 152%. 15.7 Amer. C. R. 33% Louis. & Nash... 100 135 134% 135% Amer. Agricul. .. 100 43% 41 *3 10% Minn St P N Amer. R. S. 200 25 24 % 21% gault St. M . 133% Amer. ran.7100 33 % 32% .32% Mo.. K. * T. 1000 22 21 % 21% , <,p |,fl1 . nr> 35 L,4 Mo. Pacific. 1100 29 28% 28.* Amer. r. & F. ..1200 46% 45% 46 Nafl Biscuit. , 124% Amer. Col. Oil. 42% Nafl Lead . 47 Amor. I. S. 100 2. 21 23% Nat. H>s. of M Amer. Linseed. 9% •>,, nf, Amer. Loco. 400 35% 31% 34% N. Y. Cent.' '! ! ! !3600 95 % 94% 95 .Amer. Smelt, 4ir y ^ \\" 100 '•*<> *•(. *»g i. Refining . 1200 67% 66% 66% Nor. * West. . . 300 10t% 104% 101% ■‘o Pf<I .. 100 101% 101% 101% Nor. Amer. . ... 71 iSE: lo}.T-:: is 555* IT B Ei™ Hi'4 E 21* T SS - ----- Ba'lf1' Ohio' ... .1 300 95% M% "1% C '' '' ^ j?’* jj* T Bejhje. Stee, .... ,00 34% 34% S4% iSl uH F? ,!S£ Can?*Pacdflc ... ..2800 3?!$ AH AH ."loo '%> 'T t ent. Leather .. 100 22% 22% 22% do „'fd ‘. " * K 77 3 Ches. ft Ohio-1000 59 % 58% 58 % nncAt Co.1,100 i-“ IS- * , (’hi fj W t nn 1 •> 1/ , , ,oi K *• .MKHI It 1H‘« l ^ t Ch!.. °Ma &. 100 “* 13/2 13’= •'»!•«;.300 27 26% 26% St. Paul .2800 105% 105 105% ‘ , f,Bn- • Chi. ft N. W. 600 127 % r>7% 117% u -d pfU . °'H' •'% 8% 8% Col. F. & 1. ...: ... 1 * Seaboard A. 1. is Consol. Gas . 300 130 130 1>9% u,do '’I?' IV ' -- 100 4,' = 14'<* 44^ Corn Prod. 600 10% 10% 0% Sloag-Hheff. S. Del. & Hud ,',s * lf»" . 100 30 30 30 Den. & R. G . . ,9,. Sou. Pacific .... 14800 90 89% 89% do pfd . ■; . g., - Sou. Railway ... 100 24 % 24 24 % Distil. Secur. "" i-j do pfd. 78% Rule . 1800 27% 27 27 1 t-'°p. 700 32 31 ■% 31% ,K> 1st pfd ....1100 48 45% 45% 7.e* * Pacific ■• ••• 7. 14 do 2d pfd. 100 35% 35% 35 *'nlon Pacific ..22800 150 % 149 119% Gen. Elect.BOO 144 143 % 143 do Pfl1 . 4®® *1 SX 80% Gt. Nor., pfd-1000 125% 125% 125% TV S' Realty. 66 Gt. Nor. O. ctfs.*" *>4 l . S. Rubber ... 100 61 61 60Vi Illinois Cent.ins ^eel .43100 02V* 61 62}* Interb. Met.900 16 1574 157,4 . 1088* 108 V* 108 do pfd .4000 62 7k 6° 6"1 ^ Cop.3600 64 Vi 64 54 Inter. Harv.]07 v"c- Chem. . 26 Inter-Marine Wabash . 4 Vs pfd. do pfd. • • • • 11 Inter. Paper.100 3% & 3 %r.. West. Md. 39% Inter. Pump.>. qL, West. Union . 677* K. C. Hou. 100 25 25 25 West'll. El or. ...1100 72 Vi 71 71 Laclede Gas . 94 IVV; & L. Ei ..... . . . . 5 aale« for the day, 219,300 shares. ^ _ __ LOCAL SECURITIES Rate. Bid. Asked. Ala. F. &. 1.4 CO 65 Ajuer. C. Rys., pfd.... I 64 66 Amor. C. Rys. 86 67 Amer. T. & S. Bank... 8 170 180 Avondale Mills, com... 8 110 113 Avondale Mills, pfd.. 8 1U0 105 Bessemer C. & 1. 4 45 55 B'ham Baseball Asso.. 140 170 B'ham Realty Co. 4 168' 175 B'ham T. & S. ...... 8 850 268 Cham, of Com., pfd .. 7 74 80 Co'hi. Bank & T. Co.. 90 97 Corey Land . . 70 75 East I.ake Land . 55 65 Elmwood Cem. Co. 4 87 95 Empire Imp., pfd.8 104 130 Ensley Land . 112 125 First National Bank ..12 258 268 Great Sou. Life . 10 13 Interstate Casualty .. 4 8 Interstate Fire. 4 7 Jeff. Co. S. Bank.10 158 162 Jefferson Fertilizer ..8 130 136 L, J. & L.. com. ...... 45 50 L. , J. & L., pfd. 7 95 98 M. & M. Bank. 125 130 North B’ham Land .... 15 22 Protective Life . 10 13 Prov. Oil A Gas. 1 4 Realty Tr. Co., com.... 8 110 125 Realty Tr. Co., pfd. ... 8 100 110 Sou. States Fire . 3 8 Traders Nat. Bank... 9 155 170 BON US Rate. Bid. Asked. Ala. Slate ref.. 1920... 4 95 100 Ala. State Renew., 1966 3’,4 88 92 Ala. State Renew., 1956 4 100 102 Ala. State Fair . 6 75 85 Amer. C. Rys. 5 89 91 Bessemer C. & 1.6 100 103 B. R., L. & P. 6 97 98 B. R„ I* & P. 414 88 90 B'ham Ice Factory « 100 106 B'ham R. & E.5 100 102 B’ham Waterworks ... 5 87 90 B'ham Waterworks. ... 6 108 112 City of Birmingham .. 5 100 104 City of Birmingham .. 6 JU5 108 Continental Gin .5 102 106 Country Club . 6 95 100 Jefferson County .... 6 103 108 Jefferson County .... 6 105 110 Jefferson County .... 4 14 100 102 Milner Land Co. 6 96 101 Nashville Railway .... 5 100 102 Pratt Consolidated ... 5 8.1 88 Sloss L & S. 8 102 105 Hloss I. & 6. 414 92 95 T. C. I., ge..‘ mtg.5 100 104 T C. I.. Tenn. Dlv.6 101 108 T. C. I., Ship bldg. ... 6 102 104 T. C. I.. B'ham Dlv. ... 6 100 102 T. C. I. Cahaba Dlv.. 6 103 107 *tb, $8.1508.60; light. $8.2008.90; pigs, $60 0.75. Cattle: Receipts. 9000, including 2500 southerns; steady to weak; prime fed steers, $8.6009; dressed beef steers, $7,500 8.50; southern steers, $606.60; cows, $3,500 6.60; heifers. $4.5009; atockers, $5.2507.50; calves, $6010. Sheep: Receipts, 5000; steady to weak; lambs. $6.9007.40; yearlings. $4.7506.25; wethers, $4.250 1.75; ewes, $3.5004. St. l^ouis, Sepemtber 4.—Cattle: Re ceipts, 6300. including 3000 southern; steady to firm steers, $809; good to choice steers, $7.2508; dressed and butcher steers. $6.6007.25; stoekers, $6.2607.50; calves, $60 11.25: Texas steers, $607.75; Texas cows and heifers, $4. €.50. Hogs: Receipts, 7700: higher; pigs and lights. ».50<SS.9o; mixed and butchers, $8.€5<R8.90: good heavy. $firstname.lastname@example.org. Sheep: Receipts, 3400; lower; muttons, $3.25® 4: yearlings, $S@«; lambs, $5.50®/7; western lambs, $7.40. l.ouisville, September 4.—Cattle: Re ceipts. 4U); slow; common dull; range, $2..TOfu 8.25. Hogs: Receipts, 800 ; 5® 10c higher; range. $4.5(KB8.SO. Sheep: Receipts. €00; lambs, *V down; sheep, 3’jc down. Coffee Market New York, Sptember 4.—The coffee mar ket was less active today. Futures eased off under scattering liquidation, easier late Kuropean cables and reports tHat cost and freight offers were lower. The close teas steady at a net decline of 3 to 13 points. September, 8.72c'; October, 8.77c; December. 8.93c; January, 9.02c; March, 9.20c; May, 9.31c: July, 9.40c. Spot, quiet: No. 7 Rio, iOcC: No. 4 Santos, 12® 120*0; mild, dull; Oordoca, 13® lfio nominal. Havre, unchanged to franc lower. Hamburg, V8‘-j Pi'S- higher. Rio. un changed. Santos, spots, 60 reis higher. 4s 6sx5fi0; 7s, 4sx850; futures, 75 to 100 reis higher. Brazilian receipts. 80,000 against €9,0il0 last year. Jundlahy 5€,ono against 8$,000. Naval Stores Savannah, September 4.—'Turpentine, firm; 39@39>4e; sales, 664; receipts, 891; shipments, 22; stocks, 28.062. Rosin, firm; sales. 3384; receipts, 2394; shipments, 80; stocks. 170,817. Quote: A, B, C, D, E, F, G, H. $3.85; I, $3.90(^3.95; K. $4.10(^4.25; M. $4.40^4.50; N, $5.25; WG, $0.15; WW. $0.30. Cotton Seed Oil New York, September 4.—Cotton seed oil hacl a moderate advance early, result ing from light crude offerings and the strength in lard, but. the market later cased off slightly In absence of outside support, and with the setback in cotton. Near months closed unchanged to 3 points lower fend late months 2 to.-4k* net higher. Sales, 14,500 barrels. Prime sum mer yellow* spot, 8.60c; September, 8.43c; October. 7.90c; November. 7.15c; Decem ber, 7.05c; January. 7.07c; February, 7.0Dc;. March, 7.20c; April, 7.21c; prime winter yellow, 9.36c; prtpie summer white. 8.50c. R. R. COMMISSION ADJOURNS IN JACKSON Jackson, Miss., September 4.—(Special.) The railroad commission adjourned last night after a short but Interesting ses sion, and left this morning for a tour of Inspection of the Mississippi Central rail road. The Pascagoula Railway. Light and Power company was cited to appear at the next meeting of the commission to show cause, if any it can, why it should not build, purchase or acquire new cars to run over its lines. Dr. Sheppard, pres ident of the commission, has been down over the line inspecting, because of the freguent complaints, and reported to the commission that the company 1? using cars that are so old and rotten he was actually afraid to ride on them, and that they are totally unfit for use. All railroads were cited to appear at the October meeting on rates on logs, lumber and farm implements. SUSPECT HUSBAND OF DOUBLE CRIME Freemon. Neb., September 4.—After the murdered bodies of Mrs. Rasmus Peter sen and her 2-year-olil son were found in their home today, the authorities be gan a .search for the husband. Tim Peter sens separated several weeks ago. r.— WEST AS BAD AS EVER Wheat Has Reactionary Tendency, Though No Great Decline New Orleans. September 4.—The cotton market had a reactionary tendency throughout today’s session, although no great decline was in evidence at any time. Sufficient buying always came in to check declines before they got very far. Out siders were fairly good buyers and enough buying orders come from Interior points to offset the hedge selling from planting interest. Weather conditions showed no improvement and crop reports from the west on the w'hole were as bad as ever and were the mainstay of the market. At the opening the tone wras steady and prices were 11 to 15 points off on poor cables. The refusal of Liverpool to fol low the advance did not cause any very aggressive selling in this market as the weather map was dry and the forecast predicted generally fair weather for the western half of the belt. The strongest period of the day was around the middle of the morning, when prices went 8 to 10 Points over yesterday’s close. This hard spot brought out increased selling, some of which was on cables from Europe. Private cablegrams from Europe told of increased offerings of actual cotton from this side and stated that traders there feared hedge selling. At noon the market was on a downward swing and in the afternoon the trading months were put 13 to 17 points under the final quotations of yesterday. The close was steady at a net loss of 13 to 15 points. New Orleans Cotton Futures Open’ HighTLowTCLBd. September ... 12.79 12.85 lT8o OPTS j October .12.92 13.15 12.90 12.9?! December - 13.00 13.20 12.97 12.98 1 January . 13.04 13.25 12.99 13.01 1 March . 13.14 13.27 13.10 13.10 May . 13.22 13.32 13.18 13.18 : New Orleans, .September 4.—Spot cot ton, steady; l-16c. off; middling, 12 11-lSe; sales, spot, 480 bales; 452 to arrive: low or dinary, 9 5-18c nominal; ordinary, lOVic; good ordinary. 1194c; strict good ordinary, 12e; low middling, 1294c; strict low mid dling, 12V4o; middling, 12 11-16c; strict mid dling, 13c; good middling, 13 3-1**? strict |ood middling, 13V: middling fair, 1313-16c nominal; middling fair to fair, 14 3-16C nominal: fair, 14 9-16C nominal’ Receipts, 726; stock. 19,365. “SOWASHEE’S DREAM” NAME OF PAGEANT Meridian Also Selects Motto for a Parade During the Approach ing Fair Meridian, Miss., September 4.—(Spe- ! elal.)—At a meeting to give a name and to select a motto for the splendid pageant that Is to be given here dur ing the Mtssisslppl-Alabama 'air, which will open October 20 and con tinue for a week, tbs name "Sowashec's Dream" was adopted. Tills Is sup posed to represent the vision of future Meridian that Inspired the settlers of Sowashee nation before the civil war The name Is said to he of Indian origin; but has been corrupted In the ordinary course of evolution in spell ing. The motto will be "Meridian Watch Us Grow." The pageant will be the same as given In the last New Or leans Mardl Gras, the floats having been purchased from Birmingham. MONEY IN WHEAT *10.00 Buys Puts or CaJIs on 10.000 bushels of wheat No Further Risk. A movement of ,5c irom price crlvefi von chance to take ?600.00: 4c $400.00:ic *300.00, etc. Write for particulars. THE UKNj'WAI, STOCK « URUH CO, P*rk lll4gv Cleeelaad, o. SUBSTANTIAL RALLY Offerings Taken Readily. New High Levels for Corn Chicago. September I.—Hradlner.t with which offerings were t.iUen up in the lace «>f depressing news the wheat market a substantial rally to day. The close was firm at an •dvance qf % fr %c. to 1c net. Corn womihI uj with a gain of l%cto 1 \fti oats higher b*y %<f?'lc and provisions rising o (ft 50c. Heavy selling which during i! greater part of the day kept wh.-m values under last night’s level result ed mainly from estimates by » hading crop expert that the* total yield in th. I’nlted States would be 784,000,000 bush els. breaking all records. This total wm based on better threshing returns from Minnesota and the Dakotas than tin trade had been led to expect. Wheat appeared to be an nndertom of strength math* some of the prin cipal sellers cautions late in the da> When they attempted to reinstate their lines it developed that the pit supply of offerings had shrunk remarkably. Prices mounted quickly and Were with in a shade of the top when the last gong rang. There were heavy shipments out of Chicago in the last 24 hours and much additional vessel room whs char tered. • Corn advanced to new high levels for the season and closed without any de cided reaction. Aggressive profit tak ing by longs acted as only a tempor ary check to the upturn. There was brisk demand for cash corn and but little to be had from rural holders. Meanwhile drought and heat continued over the belt. Estimates on the crop were the most bullish of the q*ear. In oats the feature was the buying of September on the part of cash con cerns. It was said there had been a decided improvement in shipping de mand. An extraordinary demand for Janu ary and May provisions was satisfied only after a big advance. The course of the corn market was suggested as the underlying reason. Future quotations were as follows: Wheat— Open. High. Low. Close. Sept. . .T~ 88 % 89% Ift “89% Dec. 92 92% 91% 92% May. 97% 97 7* 96% 97% Corn— Sept. 78 77 % 7.7% 77% Dec. 72*4 73*. 71»» 7:!*, May . 73". 73 % 73'4 75'% Oats—• sept. 42 H 43*4 42 s* 43", Deo. ..... 41. ", 46 1, 46 14 45 ** May . 4 7 *4 4!l 4S'» 4S’a Pork— Sept.21.7# 22.25 21.70 22.23 Jan.20.12 44 20.40 . 20.35 May .20.17 *4 20.60 20.15 20.-12 >4 Lard— Sept.11.2714 11.30 11.25 11.30 Oot.11.37 V4 11.40 11.35 11.40 Jan.11.15 11.25 11.1 2 *4 11.25 Ribs— Oct.11.22 44 11-35 li.22 14 11-35 Jan.10.55 10.75 10.5214 10.75 May . 10.65 10.85 10.6214 10.85 Kansas City Grain Kansas City. September 4.-*-Wheat: No. 2 bard cash, 8446®8746e; No. 2 red, 87©8946e. Corn: No. 2 mixed, 7«titf7«Hc; No. 2 white, 7746c. Oats: No. 2 white. 43c: No. 2 mixed, 42c. Wheat: September closed, 8446c, De cember, 88V-. Corn: September, 7746c; December, 7476@7oc. St. Louis Grain St. Louis, September 4.—Wheat: No. 2 cash red. 84c; No. 2 hard, 8746’g9246'-. Corn: No. 2, 7746c; No. 2 white. 79c. Oats: No. 2. 43c: No. 2 white. 44c. Wheat: Septem ber, 9096c: May, 99c. Corn: September, 7691c; May, 77c. Oats: September, 4,'Pic; May, 494»c. Liverpool Grain Liverpool, September 4.—Wheat; Spot steady; No. I Manitoba 7s, S46c; No. 2 7s, ti46d; No. ;i 7s, 34td. Futures steady; Oc tober 7s, 29»d; December 7s, 2%d; March 7s, 3%d. Corn: Spot steady; American mixed, new kiln dried 6s. ltd; American mixed, old 7s; American mixed, new, via Galveston 6s, lid. Futures easy; Septem ber (LaPlatai 6s, 246d; October (LaPlata) as, 4d. St. Louis Produce St. Louis, September 4.—Flour firmer. Hay dull. Receipts: Flour, 15,000; wheat, 66.000; corn, 53,000; oats, 48,000. Shipments: Flour. 20.000; wheat, 136,000; corn, 26,000; oats, 98,000. New Orleans Kice Market New Orleans. September 4.—Rice: Rough Honduras strong and active; Japan, nomi nal; clean Honduras active; Japan steady. Quote; Rough Honduras, 2.65®a.H0c; clean Honduras, 4464(6460; Japan, 294®3>4c. Sales. S626 sacks: rough Honduras at 2.9(*&:!.;i0; 232 sacks rough, Japan at 3.10; 7130 pockets clean Honduras at Receipts; Rough, 11.210: millers, 1043. IVItNful IUWUKK Outlook Said to be Better Than Ever for Road Through Meridian Meridian, Miss., September 4.—(Spe cial.)—Information reaching Meridian is to the effect that the new owners of the Memphis and Pensacola railroad franchise appear to mean business and that they have placed a good-sized tore© of hands at work out of Pen sacola. A man who lias been prominently connected with the proposed road was asked tody what he thought of the chances and lie replied that the out look is better than it has ever before been for the construction of the road, "I regard it an another chance and a good one." Meridian people feel a deep interest in this matter us the construction of tills road means another outlet to the gulf. ASHLAND SCHOOLS OPEN FOR THE TERM Ashland, September 4.—(Special.)—The Clay county high school opened yester day with an enrollment of 125 pupils with Prof. J. F. Knight as principal, VY. W. Gay as first assistant and Miss Emma Kirby as second assistant. The public school also opened with an enrollment of 200 with Prof. .1. T. Bauleh a* principal, and Prof. E. K. Beck teacher of sixth and seventh grades. Miss Pauline Hi nt the third and fourth and Miss Josa le" Atkins the primary department. Miss Huston lias charge of the music department of both the high school and the public school. ' GOHON MARKET IS LESS ACTIVE Fluctuations Erratic and Tendency of Prices Is Reactionary New York, September 4.—The cotton market was less active today, and while fluctuations were erratic, the general ten deticy of prices was reactionary. Reports that the south was selling freely and jf ftrlng new crop cotton on an easier basis and that spinners were not following the upward movement, seemed to strengthen thY feeling that a setback was likely afttr such a period of bullish excitement as the market has experienced since the publication of the September report, and while curly losses were followed by a sharp rally, prices weakened later with the < lose steady a ta net loss of 19 to 23 points. Private cables attributed to the rela tively easy showing of Liverpool to heavy continental realizing and free of ferings of actual. but after opening steady at a decline of In to 18 points, th* local market tinned up on heavy Wall street and western buying. Except for continued dry, warm weather In the southwest, there appeared to he no fresn Inspiration on the bull side, but the readi ness with which heavy early offerings were absorbed seemed to alarm some of yesterday’s sellers for a reaction, and the market rallied toward midday to a shade over the closing figures of last night. Demand tampered off on this advance, however, and the market eased off again under continued profit taking by old j longs, southern selling, spot house selling of January, and unfavorable spot advices from the eastern belt. Closing prices were practically the lowest of the day, with December contracts fluctuating around 12.85c, or 40 points under yester day's high records. Beneficial rains were reported in some sections of the eastern belt., and favorable crop accounts con tinued to come in from that section, with one of the big compress companies re porting prospects for a crop of 2,500,000 bales in Georgia and 1,600,000 bales in Ala bama. But there was no improvement In the crop news. New Y'ork Cotton Futures_ . Open. High. Low. Ol.Bd. September ... 13700 13.00 13 00 12790 October . 13.00 13.16 12.95 12.85 November. 12.30 December .... 12.58 13.1* 12.95 12.95 January . 1 2.92 13.08 12.86 12.S6 February. 12.S8 March . 12.99 13.16 12.95 12.95 May . 13.00 13.20 12.99 12.99 June . 13.03 13.03 13.03 13.05 Julv . 14.07 13.07 1 3.07 . Port Cotton Movement lialveaton: Steady; middling, IJr: net receipts. 13.640; gross receipts. K1.640; sales, 2982; stock. 72.258; coastwise, 64X3. Now Orleans: Steady; middling, 12 ll-ltie; net receipts, 726; gross re ceipts, 787; sales, 932; stock, 19 365. Mobile: Quiet; middling, 12"4c; net receipts, 219; gross receipts, 219; sales, 225; stock, 5471. Savannah: Steady; middling, 12%c; net receipts, 4813; gross receipts, 4813, sales, 3088; stock, 37,679. Charleston: Quiet; middling, 12%c; net receipts, 531; gross receipts, 531: .stock. 1397. Wilmington: Quiet; middling. 12%a; net. receipts, 200; gross receipts, 200; stock, 5149. Norfolk: Steady; middling, ISc: net receipts, 81; gross receipts, Si; sales, 55: stock, 6997; coastwise, 283. Baltimore: Nominal; middling, 13*4c; gross receipts, 1200; stock, 300a. New York: Quiet: middling, 13.25c; gross receipts, 277; stock. 20,405; Great Britain. 10,341; France, 600; continent, -199; coastwise, 277. Boston: Quiet; middling, 13.25c: net receipts. 16; gross receipts, 1104; stock, '5674. Philadelphia: Steady; middling, 13.50c; gross receipts, 71; stock, 875. Texas City; Stock, 661. Brunswick: Stock. 5477. Jacksonville: Stock, 380. Aransas Pass: Stock, 4500. Pensacola: Stock, 755. Brunswick: Stock, 300. Totals today, at all ports: Net, 20, 216; Great Britain, 10,341; France, 500 continent, 499; Stock, 193,335. Consolidated, at all ports: Net, 122, 121; Great Britain. 37,688; France, 43, 921; continent, 49,570; Japan, 835. Total since September 1, at all ports: Net, 78,081; Great Britain, 37,587; France, 34.258; continent, 42,107; Japan, 825. Interior Cotton Movement Houston: Steady; middling, 131-16c; net receipts, 13,608; gross receipts, 13,508; ship ments, 11,842; sales, 5760; stock, 40,940. Augusta: Steady; middling, 13c; net re ceipts, 819; gross receipts, 819; shipments, 470; sales, 426; stock, 6665. Memphis: Firm; middling, l2%c; net re ceipts, 8; gross receipts, 366; shipments, 357; sales, 75; stock, 10,978. 8t. Louis: Firm; middling, 12%c; gross receipst, 57; shipments, .'139; stock, 5869. Cincinnati: Net receipts, 170; gross re ceipts, 170; shipments, 307; stock. 207,131. Little Rock: Quiet: middling. 12%c; net receipts, 9; gross receipts, 9; shipments, 42; stock, £960. Greenville: Steady; middling, Total today: Net receipts, 14,514; gross receipts, 14,928: 'shipments, 13,357; sales, 6251; stock, 88,116. Liverpool Cotton Market Liverpool, September 4.—Cotton, spot, moderate request; steady; American mid dling fair, fid: good middling. 7.72d; mid dling, 7.40d; low middling, 7.l8d; good ordi nary, 6.78d; ordinary, G.24d. Sales, 10,000, including 7200 American and 1500 for spec ulation and export. No receipts. Futures (dosed uneven. September, 7.10d; Septem ber-October, October-November, OKVkd: November-December, G.87d; Decm ber-January, G.87d; Jariuary-February, G.87Hd; February-March, G.HSVad; March Aprll, G.89d; Aprtl-May. G.89d; May-June, G.Sthl: June-July, 6.87d; July-August, 6.86%d; August-September, 6.7GV4d. Dry Goods New York, September 4.—Cotton goods markets are strong and active at ad vanced prices today. Yarns are unset tled owing to cotton's enhancement. Haw silk is 9lightly easier. Fancy spring dress goods are being shown to the cutting trades and are being ordered moderately. Some material orders for foreign hosiery have been placed recently. Hubbard Bros. & Co.’s Letter New York. September 4.—(Special.)—Eu ropean cables state that they received many orders from thes outh on a lower basis than that of the closing quotations here yesterday. Therefore they did not respond to our adVance except In a feeble manner. Our market showed reactionary ten dencies all day, the rallies from the open ing quotations did not have the vigorous strength of yesterday as they appeared to meet hedge selling In larger quantities than the buying could absorb. Most commission houses felt the mar ket was entitled to a reaction to a point where the spinner would become an active buyer. At the close there was a de mand from the sellers of yesterday, though the market had the look of some further reaction, though therei is no change in the fundamental facts which have caused the advance. Montgomery Market Montgomery, September 4.—(Special.) Spot cotton was quoted in Montgomery today as follows: (.rood middling, 127*c.' strict low middling. ILMac; low mid dling^ llfrc. I I MARKET FEATURE Corn Makes Another Ad vance—Celery From Colorado _ | Business generally on Morris avenue i yesterday was good. The scarcity in the poultry market continues “with unabated fury." It i« said that it impossible to buy even one coop of hens. The price on hens is very firm, but it is said that there is small likelihood of a rise in the immediate future because there are none to be had. The demand is strong. In the grain market corn continues to furnish food for thought. The price ad vanced yesterday to $1.05 and is strong with a rising tendency. Corn meal is now selling at Wheat is very firm and the, tone of the market is upward. Grapes from Michigan arrived yesterday and are quoted at $’_' box. The demand was quite heavy and the demand for other commodities strengthened in sym pathy. Colorado celery is In brisk de mand and the supply Is well abreast. Butter Is firm with a rising tendency. The price was yesterday advanced to 35 cents and the demand is good. The sup ply Is ample. LOCA L QUOTATIONS Pig Iron IF .$11.50 2F . 11.00 8F . 10.50 Gray Forge .. 10 00 IS . 11.50 23 . 11.00 Local Cotton Strict good middling . 12% Good middling .. 13% Strict middling . 12% Middling . 11% Strict low middling . 11% Meat Lard. 13%c; compound, ll%c; dry salt short ribs. 13.65c; bellies, 14.65; ham butts, 15.50c; Boston butts, 16c; pork loins, 18c; spare ribs, 12c; breakfast bacon. 27(g)2Sc; smoked bacon, 17c; regular ham, 10%c; skinned ham, 20%e. Creamery Products Country butter, 2<X&25c; fresh creamery butter, 35c; cheese. 17c; imported Swiss cheese, 31c; German brick cheese, 20c; Uniburger cheese, 19c; imported Roquefort, 35c; Neufchatel cheese, per dozen, 45c. Pimento cheese, $1.35; process butter, 30c. Fruits and Produce Apples. Malden Blush, box. $5 60; California oranges, $6.00 box; limes. $L per 100; Irish potatoes, $1.10 per bushel; sweet potatoes, Dooley, $2.76; onions, red globe, 2%e per pound; lettuoe, $1.6002.50 per crate; | cucumbers, per crate, $1.75; cabbage. Vir ginia, 2HC lb.; new Texas onions, crate, $1.00; beans, per hamper, $1.2501.50; peaches, $2.5003 crate; squash, per ham per, $1®1.25; cantaloupes, $1.2503.00; water melons, 15fg?5o; peppers, per crate, $1,600 2; lemons, box of 360, $5.5006; okra, $202.60 hamper. Pears, per box, $3; Keefer pears, per bbl., $2.75. Plums, $2. Malaga grapes, $2. Celery, per dozen, 90c. Celery per crate, $4. Fish and Sea Foods Red snapper. 10c In bbl lots; gray snappers or groupers, 6c; Spanish mack erel 12*4015e in bbl lots; pompano. 20c; mixed fish, 8c in bbl. lots; crockers, 6%c In bbl. lots; mullet, tyfcc In bbls.; small trout, 8^c; fresh water cat, dressed, V2%c; salt water cat, 8Vic; speckled trout. ll’Vio. New York oysters, $1.90 per gal. Shrimp, 10c lb. Poultry and Eggs Hens, per pound 13014c; fryers, 10 lVfr lbs. average, 30061c; ducks, J3c lb.; guineas, 30c; roosters, 30c; geese, 40060c, live turkeys, 15c; fresh eggs, case, candled, 23c; extra graded candled eggs, 28c. Coffee and Sugar Arhuckle coffee. 21.80c; Luzanne, 28c per pound. Sugar standard granulated, 5%t per pound. Flour and Breadstuff* Self rising flour, $3.60; Tennessee flour, $6.16, Oklahoma flour. $5; pure wheat shorts, $26; pure wheat bran, $31; C. H. hulls per ton, $lfi; prime C. 8. meal, per ton, $32; C. 8. feed meal, per ton, $30; No. 1 timothy hay, per ton, $25; mixed alfalfa and Johnson grass, per ton, $20; alfalfa hay. per ton, $24; Johnson grass, per ton, $16; mixed feed. $34; oats. tWc bu.; corn. $1.05; corn meal. $2 per 90 lb. sack. ASSESSMENT ROLL FOR 1913C0MPLETE Increase of Over a Million Shown Over Past Year in Lauderdale, Miss. Meridian, Mia*., September 4.—(Spe cial.)—County Assessor YV. N. Denton has completed the Lauderdale county assessment roll for the year 1013, and the same has been revised and ap proved by the hoard of supervisors. It shows an Increase of 31,180,061 over the assessment of last year. There Is more tha^ii a million increase in real estate assessment, which Is due to larger values In the city of Meri dian and to the increased valuation of property along (he good roads. Tire in crease Is considered as being a good showing, especially In view of the fait that most of the valuations are vol unteer and are not supposed to repre sent one-half of the real valuation. The lota! valuation, as rendered for the county on real and personal property. Is 316,622,90ft. SUFFERS FROM LOSS OF MEMORY IN ST. LOUIS Memphis. September 4 —G. YV. McPher son, who la reported today from St. Loula us suffering loss of memory in the city hospital, left here about three months ago. Me started for Madison, III. While ti resident of this plucc lie was em ployed on the government fleet, and If he Is mentally unbalanced his ailment Is of recent misfortune, according to friends. TWO RIDE TO DEATH THROUGH OPEN DRAW St. Joseph. Mich.. September 4.—Lucy Beach, 20, and Lawrence Elakeman, 19, collegeinutee. rode to their deaths in an automobile through an open draw in (lie river bridge during the night. The cor oner has started an inquiry founded ori nmols that proper danger signals were not displayed at the approach to the bridge. The victims were prominent in social circles. EUFAUIA PROTESTS AGAINST PENALTY Clayton Wired Concerning; All Oversized Bales CITY CLERK TO RESIGN Barbour School* Open October lj Kufaula September 17—Water Consumers Must Have Meter Service Kufaula. September 4.—(Special.)—A complaint against, the penalty to be en forced against all oversize cotton bales by the steamship companies has been telegraphed to Congressman Henry D. Clayton at Washington by the local warehouses and banks, who claim that this will he the means of costing farm ers in this territory thousands of dol lars on a commodity already over burdened with discrimination. They also hold that not sufficient time has been allowed by the steamship lines for the necessary mechanical changes to be made. The petition for redress Is similar to that sent to Congressman Clayton by the Selma cotton exchange. The resignation of City Clerk A. A. Couric may be asked for at the next meeting of the city council, at which a motion, which was presented before the council Tuesday night, and tabled will come up for final action. This move followed a discussion about tho city's financial condition when the mat ter of auditing the books for the year and the preparation of the budget, for next year came up. Mayor Mercer and a number of aldermen maintained that the new system of bookkeeping Is not properly kept. The Harbour county schools will open October I. The schools in Ktiffaula will begin September 17, while those st Clayton and Clio will open on Sep tember S. Hereafter all water consumers will have meter service, under a. decision of the city council following protests against the favorable liar, rates that some are said to be enjoying. Mis. Tom Griffith, through hor at torney. A. K. Merrill, has presented a claim for personal injuries alleged to have been received last spring when she stepped into a deep washout on tho sidewalk on one of the city streets. A committee has been appointed to look into the matter and report to the coun cil. INDIA APPREHENSIVE OF AMERICAN DANCES Feared Modern Dancing Will Endan ger Prestige of White Women Among Natives Calcutta, R. I„ September 4.—While the residents of India art* apprehensive over the impending professional tour of an American woman who dances In scanty attire, and it appears probable the police will prohibit her performances, here ac cording to liord Haldane’s ' higher na- • tionality,’’ it Is feared the appearance on the stage of a white woman under the* circumstances would endanger the pres tige of white women in the eyes of all the natives “in a study of law and ethics.’ Fast Proves Fatal Harrisburg. Pa., September 4.—William B. Kidleman died here today after a fast of 56 days "during which he ate only two small pieces of toast. He was nearly sj years old. His last was due to grief at the death of a ( lose relative. Pfeiffer Head* Postal Clerks Indianapolis, fnd., September 4 — Georgo T. Pfeiffer of Milwaukee was elected president and Thomas Flaharty of San Francisco, secretary-treasurer of the Na tional Federation Association of Postof fice Clerks today here. Letter Carriers Select Omaha San Francisco, September 4 The Na tional Association of Letter Carriers chose Omaha, Neb., today as the site of their convention for 1915. When this was announced Dallas, Tex., extended its con gratulation -- ----- - Edison Recovering From Cold Lowell, Mass., September 4.—Seemingly in l.is usual health Thomas A. Edison proceeded today by automobile to l^ak* Burnt pee, N. II. Edison said he had re I covered from the effects of a severe cold. —-—•••..— Simply Impossible From the Pittsburg Chronicle-Tele graph. Two Irishmen were discussing the I various books they had read. “Have you read 'The Eternal City'?’* "I have.'' “Have you read Marie <’orelli » works?" “1 have that." “Have you read 'Looking Back ward' ?’’ "How on airth could l do that?" Drs. Dozier & Dozier SPECIALISTS 30SO<4 First Annus BIRMINGHAM, ALA. 9. T. Dosier, M. D. Kervouii, Blood, Ikla, Pelvic sod lh runic Diseases. Hiii1 i a :=j I Uyrou Uuilrr, M.D. Eye, Ear. -lone, and Thr.iat (Glaaaea Killed.) We treat scientifically all ehronle nervous, blood, skin, geuito-urlnary and female diseases, also oan cer. scrofula, rheumatism and all morbid conditions ot (he heart, lungs, liver, kidneys, bladder and pelvic organs. SAL VARS Alt . SsieotlfleaUr Administered Established !u Birmingham. Anri], Hue. The best equipped medical institute In Alabama. Ne uharge for eonsultatloa and examination. Wo furnish all medicines, and give to our patients the benefits to be it-. rived from X-TJays. Violet RayST Ruby Light Baths, dedicated Vapor Baths. Nebulized Inhalations, and everything »e can make available for the cure of disease. Question list for men and wemea sent nn rea'iesi. Office Hours Sundays, S a. rc. to 1 |, as. Week Days, • a. m. to d ». as.