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The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, September 18, 1913, Image 13

Image and text provided by University of Alabama Libraries, Tuscaloosa, AL

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn85038485/1913-09-18/ed-1/seq-13/

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SCOO^ WHEN WE-GrET^
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HIGHEST OF YEAR
Trading in First Hour the
Heaviest Seen in On$
Stock for Weeks
New York, September 17.—The spectacu
lar performances of Reading stood out
conspicuously today in a stock market
which otherwise displayed little anima
tion. Trading in Reading in the first
hour was the heaviest seen In any one
stock for weeks. The rise before the
opening here of over 2 points in London,
following the sharp upturn in thi# nmr
1 ket recently, caused excited speculation
In the stock.
The first transaction was a block of
12,000 shares at 169% to 169^. The quota
tion was quickly run up to LOU, the
highest figure of the year, a level over 10
points above last week’s low and a gain
on the day of 2%. There the Reading
boom abruptly ended. The price fell a
point and trading grew quieter.
The general market was affected unfa
vorably by these gyrations. It was neld
that Reading’,* rise represented merely
a severe squeeze of tlie shorts and lit
tle weight was attached to bullish rumors
concerning possibly increased dividends,
large earnings and segregation of Read
ing assets, involving a stock distribu
tion.
Operators refused to follow Reading by
bidding up the rest of the list and sold
stocks instead. The hesitating tendency
the opening soon gave way to a defl
ate movement downward. Later when
dealings in Reading resumed normal pro
portions, there was a corresponding im
provement in the market's tone.
Union Pacific, the Seaboard issues,
Great Northern, Ore and Petroleum stocks
led in the rise with some showing of
strength in other quarters. The market
gradually grew heavier as the day ad
vanced and in the last hour was under
pronounced pressure, which caused sev
eral standard shares to lose a point or
more. Following the announcement that
only the regular dividend had been de
clared by the Reading directors, the stock
lost what was left of tlie day s gain
and someth fig more.
Rock Island shares were especially
heavy and the collateral 4s lost 3 poi its.
New Haven touted a nr#w low record,
yielding over 2 points to s7%.
Time money rates remained al rc.**nt
levels, but call money was firmer, rising
to 3% per eent.
Bonds were heavy. Total saies, par
value, $1,500,000. United .States bonds were
. unchanged on c all.
Bonds
U. S. ref. 2s, registered. 97
U. S. ref. 2s, coupon. 97%
U. 8. 3s, registered. 102%
U. 8. 3s, Coupon . 102%
U. 8. Js, registered . 109%
t\ S. Is, coupon . 110
Central of Georgia 5s . 103%
Illinois Central 1st ref. 4s. 90%
Louisville & Nashville un. 4s.... 93%
Seaboard Air Line adj. 5s. 74%
Southern Railway 5s . 103%
Southern Railway gen. 4s . 75 %
Treasury Statement
Washington, .September IT.—The
condition of the United States treas
ury at tlu* commencement of business
today was: Net balance In general
fund, $126,096,569; total receipts yes
terday, $2,223,008; total payments yes
terday. $1,921,111; tin* deficit this fiscal
year is $12,093,386 against a deficit of
$12,693,327 last year exclusive of Pan
ama and public debt transactions.
New York Money
Now York, September 17*—Money on
call, 3(i$3’,4 per cent: ruling rate, 3
per cent: closing bid, 3<li>SV< per cent;
time loans steady; 60 days, 4fc44 per
cent; 90 days, 4% per cent; six months.
6 (3> 5 Vi per cent: prime mercantile pa
i per, 5 % (ai 6 per cent; sterling exchange
steady at $4.82.20 for 60 days and
$4.85,50 for demand: commercial bills,
$1.81%:. bar silver, 604c; Mexican dol
lars. 46c; government bonds steady,
railroad bonds sluggish.
Bank of Germany Statement
Berlin, September 17.—The weekly
statement of the Bank of Gtertnany
shows; cash in hand, increased 51.641,
000m; loans, increased 8,584,000m; dis
cunts, increased 14,207,000m; treasury
bills decreased 7,461,000m; notes in cir
culation, decreased 36,938,000m; depos
its increased 1 08,053,000m; gold in hand
increased 39,088,000m.
German Exchange
v Berlin, September 17.—Exchange on
t London, 20m 42 pfgs.; money, 44 per
• cent; private discount rate, 3% <& o%
per cent. /
London Stock Market
London, September 17.—Irregularity
Characterized the stock market opening.
George B. Ward
Stocks and Bonds
Inquiries Solicited
Hubbard Bros. & Co.
Cottou Merchant., Hanoyer Sanara,#*.
V. Members New York Cotton Ex
change, New Orleans Cotton Exchange,
New York Produce Exchange. Asso
ciate Membors Liverpool Cotton Asso
ciation. Orders solicited for the pur
chase and sale of Cotton and Cotton
Seed Oil for future delivery, hpedal
3&ttco?ton*lCor £2?
k uvory. Correspondence invited.
1 THE CLOSING STOCK LIST
__ Sales. High. Low. Close.
Antal. Cop. 77! . 18600 79% 78% 78*%
Amer. C. I!. 37
<lo pfd. 6315
Amer. Agricul. 48
Amer. Ft. S. 200 27% 27% 27
Amer. Can ....36200 36% 34% 34%
do pfd .1800 99 98% 98%
Amer. C. & F_ 400 47% 47% 47%
Amer. Cot. Oil... 800 43% 43% 43
Amer. I. S. 100 23 23 23
Amer. Linseed. 9%
Amer. Loco. ... 100 35% 35'% 35 %
Amer. Smelt. &
Refining •.. 700 69% 68% 68%
do pfil . 200 101% 101 101
Amer. S. R.100 112 112 111
Amer. T. & T. .. 300 131 % 131 131
Amer. Tob. 100 239 239 238
Ana. Min. Co. .. 900 39% 39% 39%
Atchison . . %_1600 »«% 96% 95%
do pfd . 100 98 OR 97
Atlantic C. L. ... 200 122% 122 121
Balt. & Ohio .... 600 69 ” 65% 65%
Ftethle. Steel .... 200 36% 36% 36%
Brook. R. T. 1500 89% 89% 89',
Can. Pacific ....loino 235% 232% 232 %
Cent. Leather ... 400 24 % 24 23 %
dies. & Ohio ...1700 60% 59% 69%
Chi. G. W.\ . ] 3 %
Chi., 5111. &
Bt. Paul .2800 107% 107 106%
Chi. & N. TV.130
Col. F. * f. 700 33% 33 % 32%
Consol. Gas. 400 133 132 132
Corn Prod. 500 11 % lit* 11%
Del. & Hud.159
Den. & R. G. 207»
do pfd . 400 35% 35% 35%
Distil. Secur. ...1 500 15 14 1 4 %
lirle .3900 30% 29% 29%
do 1st pfd .... 500 48 47 % 47%
do 2d pfd. 35
Gen. Illect. 100 1 47 1 47 1 46
Gt. Nor., pfd ...1300 128% 127% 127U
Gt. Nor. O. ctfs . .7000 39 37 37»“
Illinois Cent. too 10976 1«9% 109%
lnterb. Met.1600 15% K,\ 15%
do pfd . 6800 61 % 6(1% fit
Inter. Ilarv. 200 110% 109% 108%
1 nter-54arlne
Pfd . 300 17% 17% 16
Inter. Paper. !(i„
Inter. Pump. -
»<■ *"■ Boil. 400 26 25% 25%
Sales. High. Low. Close.
Laclede Has . 7. . 100 98 98 98
Lehigh Val.2600 157% 156Vi 156%
Louis. & Nash. .. 100 185% 135% 135%
Minn., St. P. &
Sault St. M. ...1100 141% MO Ml
Mo., IC. Sc T.100 22% 22% 22%
Mo. Pacific.G400 80% 2S% 29
Nat'l Biscuit.126
Nat’l Lead . 100 4S% 48% 47%
Nat. Rys. of M.
2d pfd . . .•.. 14%
N. Y. Cenaral... .2900 96% 96% 96%
N. Y.. O. & W. 29%
Nor. & West. ... 3 00 106% 106% 106
Nor. Amer. 400 7 6 73% 74
Nor. Pacific.1900 114% 113% 113%
Pacific Mail. 100 22% 22% 22%
Penn.2100 113 % 112% 112%
Peoples Gas.1200 123% 122% 122
Pitts., C.. C. &
St. Louis. 88%
Pitts. Coal. 4 00 21 % 20 20
Pressed S. C. 200 28% 28Vi 28%
Pull. Pal. Car.152%
Reading: .113000 170% 167 % 167
Rep. r. & S.1100 25 24 Vi 24 Vi
do pfd . 100 89 89 89
Rock I. Co. ....11100 17% 15% 15%
do pfd . 1700 27 % 21% 24%
St. L. & San F.
2d pfd . 400 9% 9% 9
Seaboard A. L. .. 800 19% is 18%
do pfd .3000 48 45 47
Sloss-Sbeff. S.
& Iron . 300 35 35 31
Sou. Pacific_20300 94% 93% 93%
Sou. Railway ... 600 25% 24% 24%
do pfd . 200 80 80 79%
Tenn. Cop. 600 33% 33 Vi 33 Vi
Tex. & Pacific .. 300 15% 15% 15
Union Pacific ..38400 160 % 158% 158 Vi
do pfd . 200 83% 83% 83%
U. S. Realty. 65
U. S. Rubber_ 1 100 64 % 64 63%
l\ S. Steel .61700 65% 64% 64%
do pfd . 500 109% 109% 109%
Utah Cop.5400 56% 55% 56
V. -C. Chem. 200 31 Vi 31% 31%
Wabash . 4%
d o p f d. 11%
West. Md. 40
West. Union _ 300 69 69 68
West’ll. Klee. ...1300 72 71 % 71 Vi
W. & L. K. ■ • 4 %
i oiai sales ror tlie day. 432.200 shares.
_LOCAL SECURITIES
Hate. Bid. Asked.
Ala. F. St. 1. 4 60 65
Amer. C. Rys., pfd.... 6 62 64
Amer. C. Rys. 35 37
Amer. T. & S. Rank... g 170 180
Avondale Mills, com... g 110 11.
Avondale Mills, pfd.. 8 100 105
Hesseiner C. St 1. 4 45 55
B'ham Baseball Asso.. 140 3 70
B'ham Realty Co. 4 168 175
B'ham T. & S.8 260 258
Cham, of Com., pfd .. 7 74 80
Com. Bank & T. Co.. 90 97
Corey Land . 70 75
East Lake Land . 65 65
Elmwood Ccm. Co. 4 87 95
Empire Imp., pfd.8 104 110
Ensley Land . 312 125
First National Bank..12 257 262
Great Sou. Life . 10 13
Interstate Casualty .. 4 8
interstate Fire. 4 7
Jeff. Co. S. Bank.10 158 162
Jefferson Fertilizer .. 8 130 135
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. OH & Gas. I 4
Realty Tr. Co., com.... 8 110 125
Realty Tr. Co., pfd. ... 8 100 110
Sou. States Fire . 3 6
Traders Nat. Bank.... 9 155 170
BONUS
Rate. Btfl. Asked.
Ala. State ref.. 1320... 4 35 100
Ala. State Itenew., 19.40 314 88 92
Ala. State- Renew., 1956 4 1J0 102
Ala. Slate Fair ...... 6 75 85
Ainer. c. Rys. 5 S3 91
Bessemer C. & 1. 6 100 103
B. R„ L. & P. 0 96 98
B. R., I.. & P. 4VJ 88 90
B'harn Ice Factory .. 6 100 106
B’liam R. & E.5 100 102
B’liam Waterworks ... 5 87 90
B'liam Waterworks ... . 6 108 112
City of Birmingham .. 5 100 104
City of Birmingham .. 6 105 108
Continental Gill . 6 102 106
Country Club . 6 35 100
Jefferson County .... 6 103 108
Jefferson County .... 6 105 110
Jefferson County .... 414 100 102
Milner Land Co. 6 96 101
Nashville Railway .... 5 100 102
Pratt Consolidated ... 6 83 88
Slo83 X. & S. 6 102 105
Sloss I. & S. 4.14 92 95
T. C. I., ge.. mtg.5 100 102
T. C. I., Tenn. Dlv.6 101 103
T. C. 1.. Ship bldg. ... 6 102 104
T. C. I.. B'harn Div. ... 6 100 102
T. C. I. Cahaba Dlv.. 6 103 107
American securities showed unevenness
during the forenoon. Reading leading in
the gains. Afterward the entire list sold
off and closed quiet.
Consols for money, 7313-16; consols for
the account, 74. Illinois Central, 111;
Louisville and Nashville, 141; Southern
railway, 26. Bar silver steady, 27 1-16.
Money. 2V*0>214. Discount rates: Short
bills, 3%@3%; three monthg, 315-16<S4 per
cent.
► Metal Market
New York, Sept*?ml er 17.—Lead steady,
$4.70. Loudon, £20 12s 6d.
Spelter quiet, $5.7o<@5.85. London, £21 5s.
Copper firm; standard, spot and futures
nominal: electrolytic, $16.87^17; Lake, $17;
casting, [email protected]&.
Tin easy; spot, $42,404/42.75; September,
$42.374/42.75; October, $12,304/42.62; Novem
ber, $12,254/42.60.
I Antimony dull, Cookson, $8.30.
Iron firm and unchanged.
laondon mark-ns closed as follows;
Copper quiet; spot. £74 12s 6d; futures,
£74 7s 6(1. Tin quiet; spot, £103 10s; fu
tures. £192 15s. Iron, Cleveland war
rants, 54s 4*4d
Coffee Market
New York, September 17.—The coffee
market was firmer on foreign buying or
, ders, covering and firm late cables from
1 Europe and predictions that the some
| what smaller interior movement would be
followed by a falling off in receipts. The
close was steady; September and Octo
ber, 8.74c; December, 8.90c; January, 8.98c*;
March, 9.20c; May, 9.32c; July, 9.43c.
Spot steady; No. 7 Rio. 9Vac; No. 1 San
tos, 12c. Mild dull; Cordova, 12K&lCc
nominal.
Havre,. *40*4 franc higher; Hamburg
unchanged to *4 pfg. lower. Rio, 75 reis
higher at 5sx250. Santos spots quiet, un
changed; futures, 50 to 125 reis lower.
Receipts. Brazilian ports, 94,000, against
97,000 last year; Jundiahy receipts, 60,000,
against 57,000.
Live Stock Market
Chicago, {September 17.—Hog*; Re
ceipt*. 17,000: strong and 10c higher; bulk
of sale*, $8.0588.65; light, $8.3589.05; mixed,
$7.8089.05; heavy, $7.6588.85; rough, $7.'158'
7.90; pigs, $4.5088.40.
Cattle: Receipts. 15,000; strong to 10c
higher; beeves, [email protected]; Texas steers,
$6.8688; stockers. $5.4008; cows and heif
er*. $3.8088.70; calve*. $8.75812.
Sheep: Receipts, 33,000: strong to 30c
higher; native sheep, $3.5084.75; yearlings,
$4.7585.75: lambs, native, 15.8687.40.
Kansas City, September 17.—Hogs; Re
ceipt*, 8000; higher: hulk of sales, $8.35#
8.70; heavy. $8.2588.CO; packers and butch
ers, $8.3008.80; light, $8.3008.70; pigs, $60
7.50.
Cattle: Receipts, 13,000. Including loon
southerns; steady to 10c higher; prime fed
steers. $8.7009.30; dressed beef steers, $7.75
88.75; southern steers. $6.5087.75; rows,
$4 2586.75; heifers. $5.5009; stockers, $60
8.401 calves, $689.76.
Sheep: Receipts, 12,000; steady to 10c
higher; lambs, $G.2o%7.10; yearlings, $4.GO®
15.25; wethers, $4.25®4.75; ewes, [email protected].
St. Louis, September 17.—Cattle: Re
ceipts, 4000, including __ 400 southerns;
I steady; choice to firm steers, [email protected]; good
to choice steers, $7.25® 8; dressed and
butcher steers, $5.50®7.25; Stockers and
feeders, $5.25®7.50; calves, $6® 10.50; Texas
steers, $6®7.75; Texas cows and heifers,
$4.25® 6.50.
Hogs: Receipts, G800; higher; pigs and
lights, $G.25®9.»>5; mixed and butchers,
$8.60®9; good heavy, $8.50®8.85.
| Sheep: Receipts, 2600; steady; muttons,
$3.26® 4; yearlings, ?5®6; lambs, $5.50®
7.25.
.LfOui8ville, September 17.—Cattle: Re
ceipts, 400; active, $2.50®8.
Hogs: Receipts, 2200; steady, $4.50®8.80.
Sheep: Receipts, 550; steady; lambs,
6%e down; sheep, 3%e down.
Naval Stores
Savannah, Ga., September 17.—Turpen
tine firm, 3934c; sales, 136; receipts, 766;
shipments, 306; stocks, 25,211.
Rosin firm; sales. 2195; receipts, 2897;
shipments, 4141; stocks, 165,704. Quote: A,
B, $3.75®fl.80; C, D, $3.77%; E. F. $3.80; G,
H, I. $8.85; K. $4.10; M. $4.40; N, $5.10®
5.25; WG, [email protected]; WW, $G.15®6.25.
Cotton Seed Oil
New' York, September 17.—Cotton seed
oil advanced 0 to 13 points early on re
ports of European demand and scattered
covering on lighter crude offerings and
strength in cotton. Later, however, prices
reacted under selling by refiners and re
newed liquidation in the nearby deliv
eries. Closing prices were 4 points net
lower on September, 1 point higher on
October ami 2 to 6 points higher on later
months. Sales, 27,700 barrels. Prime crude,
7.54®o.80e: prime summer yellow spot. 7.1a
®7.40c: September. 7.10c; ^October, 7.08c;
November, 6.86c; December, G.87e; Jan
uary. 6.89c; February, 6.98c; March, 7.08c;
April, 7.12c. Prime winter yellow, 7.80c;
prime summer white, 7.20c.
Feat of Strength
An engineering feat which has called
for special commendation from Chief For
ester Graves was reported today to the
forest service from the Hitgreaves Nation
al Forest, In Arizona.
A lookout tower, built entirely of logs
and thrusting Its bulk 115 feet into the air,
was constructed by forest rangers with
out the aid of hoisting apparatus, says a
Washington special to the Cincinnati En
quirer.
The work was accomplished entirely by
unassisted man muscle and pure strength
•Talk of wonders woiked by the anclenl
Egyptians in their pyramid construction,'
said the forest service official. “Pharaoh’!
artisans didn't have very much not pos
sessed by the forest riders of your (LTnel«
Sam.''
The tower will be used in watching for
the outbreak of forest tires.
Districts Curtail Shipments
Which Had Been Heavy,
Causing an Advance
Chicago, September 17.—Corn took the
lead today on change and brought about
a general advance. The reason was that
consignments of corn dropped off sharply
from many districts which recently have
been heavy shippers. A net gain of r’*@
Tac was scored by corn, wheat finished
the same as last night to Mr higher, oats
up M&Av and provisions unchanged to a
rise of 25c.
Unmistakable strengts showed in corn
from the start. The prolonged rains were
said to be delaying shellers and low crop
estimates were reiterated. Eastern cash
demand also was .sakl to have improved
to a considerable extent.
It wa# not much of a flurry, however,
until receivers began to explain that of
ferings from many quarters in the coun
try were falling away in a surprising
style. After that no important reaction
took place.
Reports that farmers in the northwest
especially were storing wheat on a large
scale than ever before helped the bull sid<
In that grain. Estimates indicating that
a liberal amount of the crop is being useu
as feed counted also in favor of an ad
vance. The upturn though did not hold
ttcll, traders seeming to keep in mind
eariier weakness due to an official re
port that the French crop would be much
larger than had been looked for.
Oats hardened with corn. Shorts were
busy during the advance.
Higher prices for corn and hogs tended
to lift provisions. Commission houses
were the best buyers. On the upturn
packers seemed to be disposing of Ianl
with a rather free hand.
future quotations were as follows:
Wheat— Open. High. Llow. Close".
Sept. ...7! 86%" 89% SPi 89
Dec. 90% 91% 90% 91
May . 96% 96% 95% 95%
Corn—
Sept. 74% 75% 71% 74%
Dec. 71% 72% 71% 72%
May ..... 73% 7374 73% 73%
Oats—
Sept. 42% 42% 4174 42%
Dec. 44% 44 % 44% 4 1 %
May . 47% 47% 47% 47'»
Pork—
•lan.19.72% 19.85 19.72% 10.82%
May .19.90 20.00 19.90 ’ 19.97%
Lard—,
Oct. .11.07% 11.10 11.05 11.05
■Ian.10.87% 10.95 10.87% 10.90
May .11.02% 11.07% 11.00 11.02%
Ribs—•
Oct.10.95 10.95 10.92% 10.92%
•Ian.10.60 10.52% 10.45 " 10.15 "
May .10,60 10.67 % 10.60 10.62 %
Kansas City Crain
Kansas City, September 17.---Cash
wheat No. 2 hard, 87if90c; No. 2 red,
88@S4c; corn, No. 2 mixed, 76%® 77c;
No. 2 white, 76%®)77%c; oats, No. 2
white, 43c; No. 2 mixed. 42%c: wheat,
December, 87%c: May, 92 %c: corn, Sep
tember, 7 5 74c: December. 7S%«£7$%c;
May, 75% 1$7 5 74c.
St. Louis Crain
St. Louis, September 17.—Wheat,
track No. 2 red cash, 94@96%c; No. 2
bard, 88®9Sc; corn, track No. 2, 7H'-i
76%c; No. 2 white, 76%c; Oats, track
No. 2. 43c; No. 2 white, 44%®;44%(:
wheat, September closed, 90c; May.
97 %c; corn, September, 74%c; May,
75%c; oats, September, 43r; May,
47 74c.
Liverpool Crain
Liverpool, September 17.—Wheat.,
spot dull; No. 1 Manitoba, 7s 7a: No.
2, 7s 6d; futures steady; October. 7;
■I 74d: December. 7s l%d; corn, spot
steady; American mixed, 6s 8%d: fu
tures steady; October, 5s 2%d; Decem
ber, 6s 6%d.
Primary KeccipU v
Chicago, September 17.—Primary re
ceipts of wheat today were 2,006,000;
a year ago, 2,449,000 bushels; seaboard
clearances'of wheat and flour equalled
449,000 bushels.
St. Louis Produce
St. Louis, September 17.—Flour
steady; hay firm; receipts, flour 19.
000, wheat 43,000. corn 23,000, oats 73,
000; shipments, flour 17,000, wheat 137,
000, corn 38,000, oats 100,000.
New Orleans Rice Market
New Orleans, September 17.--Hice,
good demand for rough Honduras;
rough Japan nominal; clean Honduras
active, Japan steady. Quotations:
Hough Honduras. 2.50<fr 3.60c. clean
Honduras, 4 */£ (& ;»a4 c; Japan. 3 li 3M4 e
for new, and 2#3 ‘4c for old. Re
ceipts: Hough 264, clean 600. Sales:
Hough 784 Honduras at 2.6 b <& 3.25c;
250- pockets clean Honduras at 1 1-3
H~>% c; 1518 pockets clean Japan at
3 3.35 c.
Rather Airy
From Tit-Bits.
The Piano Punisher—“Learning this
piece of music makes me feel like an avi
ator.’'
The Sufferer— “How’s that?” v
The Piano Punisher—“I'm trying to con
quer the air.'*
LOANS
STOCKS
BONDS
REAL ESTATE
We have customers
desiring loans on
hank stocks, bonds
Mid real estate.
These loans will net
vou 6. 7 and 8 per
cent. Correspondence
invited.
UI\GK MOHTtatii:
& It 13 A LTV CO.
21U 1st Ave.
Inspired by Strong Showing
of Liverpool—Continued
Rains a Factor
New York, September 17.—The cot
ton market was higher today on active
and somewhat excited demand which
seemed to be inspired by the strong
showing of Liverpool, rumors that for
eign spot houses had advanced their
buying basis in the south without se
curing much cotton and more nervous
reports that continued rains were dam
aging the new crop. Active months sold
practically $3 per bale above the low
level cf last Friday and within some
s or 10 points of the high records es
tablished shortly after the publication
of the’September condition figures.
Heavy realizing and considerable south
ern selling was encountered around
13.26c for December contracts, but
tliere was an active demand on com
paratively moderate reactions arid the
market closed firm at a net gain of
from 21 to 23 points for the day.
The talk around the local ring sug
gested that the sharp advance In Liv
erpool had taken the trade by surprise.
At first there was a disposition to feel
that it had resulted from rum ora that
a local authority would issue a report
this morning placing the condition of
the crop at Hi per cent. This report, as
actually published just before the open
ing here, made the condition G7 per
*-ent, comparing with G9.9 per cent two
weeks ago, but while the deterioration
was reached Jess than expected it
tailed to check the buying movement
and one of the private cables attrib
uted the active demand in Liverpool
to poor crop accounts from buyers of
foreign houses in Texas. Oklahoma and
Arkansas, The local market opened
firm at an advance of 15 to 20 points
on the cables and quickly sold 2 1 to
-*> points higher. Subsequent fluctua
tions were somewhat irregular, but
last prices were within 2 or 3 points
of the best and after the close here
there were private .sales at l';.30c for
December, or 5 points above tlie best
price reached during the regular ses
sion. Higher southern spot markets
contributed to the late advance as they
seemed consistent with the reports of
a more active demand from abroad and
some of the local buyers were predict
ing a scare of foreign spinners, who
are said to have secured very little
cover against their forward needs.
_New York Colton Futures
Open. Hfgh. Ixiw. Cl.Bet!
Heptt lllber 777 llt.l 1 I
October . 13.20 13.30 13.18 ls]2S
November. 13 20
lJeoember .... 13.10 13.25 111.15 11123
January . 13.10 13.15 13.07 13.11
February. 1?, 16
March . 13.18 13.24 13.16 13.24
May . 13.21 13.30 13.20 13.28
June ...,. 13.21 . 13.25
July ■ ■ .. 13.20 13.26 13.17 13.24
• --—
Port Cotton Movement
Galveston: Finn; middling:, 12 6-16c; net
receipts, 20.S03; gross receipts, 20,305; sales,
KM); stock, 124,410; exports to continent,
86<i7; coastwise, 3230.
#ew Orleans: Firm; middling, I2^c
net receipts, 2892; gross receipts, #138 ■
sales, 916; stock, 23,940; exports coastwise
667.
Mobile; Steady; middling, 13<ic; net
receipts, 2801; gross receipts, 2801; sales,
82.>; stock, 13,944; exports coastwise, 667.
Savannah: Steady; middling, I3C; net
receipts, In,706; gross receipts, 10,706; sales,
5898; stoek, OS,75S; exports to continent,
300; coastwise, 41S1.
Charleston: Steady; middling, ]3c; net
receipts, 5069; gross receipts. 6059; sal:-4,
25a; stoek, 32,415; exports coastwise, 550
, Wilmington: Steady, middling. 13c; net
receipts, 3561; gross receipts, 3561; stock
17,987.
Norfolk: Firm; middling, 13!,;c; net re
ceipts, 980; gross receipts. 980; sales, 25;
stock, 6132; exports coastwise, 978
Baltimore; Nominal; middling, 13 34c
slock, 2988.
New York: Steady; middling, 13.40c;
gross receipts. 5.715: stock, 28,771; exports
to continent, 3569; ccastwlse, 1821.
Boston: Steudy; middling, 13.40c; net re
ceipts, 42: gross receipts, 4820; stock, 977 j;
exports to Great Britain, 1321.
Philadelphia: Steady; middling, 13.65c
stoek, 1885.
Jac ksonville: Stock, 380.
Texas City: Net receipts, 2395; gross
receipts, 2395; stoek, 9232.
Aransas Pass: Stock, 11,480.
Tacoma: Net receipts, 100; gross re
ceipts, 100: exports to Japan, loo.
Total today, al all porta: Not, 48,811- ex
ports lo Great Britain. 1321; to continent,
12,1761 to Japan. 100: stork, 359.861.
Consolidated, at all ports: Net, 226,321;
exports to Great Britain, 47,191; to France]
29.302: to continent, 61.518; to Japan, 4703.
Total since September I. at all ports:
Net. 547,365; exports to Great Britain, 116,
799; to France, 63,620; to continent, 176,702;
to Japan, 6329; to Mexico, 3030.
Interior Cotton Movement
Houston: Steady; middling, 13*4*0; net
receipts, 14.577; gross receipts, 14,577; ship
ments. 14,395; sales, 5788; stock, 68,227.
Augusta: Steady; middling. 13 1-Uic; net
receipts, 3098; gross receipts, 3383; ship
ments, 2267; sale.^ 2362; stock, 19.570.
Memphis: Steady; middling, 13c; net re
ceipts, 809; gross receipts, 841; shipments,
•29; rales, 460; stock, 12,487.
St. Louia: Firm; middling. 13c: net re
ceipts, 120; gioss receipts, 624; shipments,
524; sales. 70; stock, 429«>.
Cincinnati; Net receipts, 43; gross re
ceipts, 43; shipments, 399; stock, 19,748. *
J:ittl* Hock: Steady; middling, 12R*c;
net receipts, 1; gros. receipts, 1; ship
ments, 13; stock, 2549.
Greenville: Steady: middling. 12**c.
Charlotte: Middling, 12**0.
Total today; Net itceipts, 18,054; gross
mmm.
STRENGTHIN COTTON
New High Levels on Reac
tion ; 24 to 30 Points
Net Gain
New Orleans, September 17.—The cotton
market made much display of strength
today. In the early half of ihe session
prices were well maintained rhe ad
vance but early in the afternoon they
fell off under The weight of realizing
sales from the long sfle. On the reac
tion buying became heavier than ever,
with the result that the marker reached
new high levels for the day and closed
linn at a net gain of 24 to 30 points.
The opening was steady at an advance
of 33 to 17 points on what was called
a sensationally high Liverpool market.
Private cable messages from Liverpool
stated th%t the rise was due to unfavor
able crop accounts from the wo.%ern cot
ton belt and fear that labor troubles,
especially those at Galveston, would in
terfere with the movement of cotton to
Europe. The local market work'd higher
in sympathy with Liverpool. Huying was
stimulated, to some extent, by the vet
weather map, the forecast more wet
weather to come and bullish crop ac
counts from Mississippi and Texas. News
from Washington regarding the Clarke
bill was also called very favorable and
led to more or less buying.
Around noon prices were 23 to 27 points
up. In the early afternoon profit taking
was hopvv and the advance* was reduced
to 35 to 18 points, but in the last half
hour of trading the market strengthened
again knd went 25 to 31 points over yes
terday’s close. The advance of V* cent
in tlie spot market was a help to fu
tures.
New Orleans Cotton Futures
Open. High. ]jo\v. (TIM.
September ... 12.95 18.12 13.11 13.18
October . 13.12 13.25 18.U 13.23
December .... 13.15 13.28 13.16 13.26
•January . 13.19 13.32 13.19 13.30
March . 13.29 2 3.12 13.30 13.41
May . 13.36 13.60 13.38 13.49
New Orleans, September 17.—Spot cotton
firm, 14c advance; middling, ioiS( ; sales,
470 on the spot; 476 to arrive. Low ordi
nary, 9?4c nominal; ordinary, JO 9-1 tic nom
inal; good ordinary, 12 816c; strict good
ordinary. 12 7-lGc; low nddling, 12 11-16-:;
wtrict low midling, 12 15-ltic; m'<idling,
12M,c; strict middling. J3'.,i:; good mid
dling, 13®sc; strict good middling. 1 i 0-1 Go;
middling fair, 14c, nominal; middling fair
to fair, 14%c nominal; fair, l\%c nomi
nal. Receipts, 2892; stock, 29.916.
Eye Teeth Were Stolen
It’s not a mere figure of speech, the ex
pression, “lie'll steal your very eye
teeth."
J. D. Watts of South Bend, a former
pugilist, knows tho saying may come true
literally. And because bis own eye teeth
were stolen right out of a mouth he had
opened himself. The thief dldrft really
get all of the eye teeth. Watts concedes, ,
but lie took all that were convertible into
cash, says a Chicago dispatch to the
Pittsburg Post.
Some men become annoyed over such
little thing?. Watts became vexed over
| the loss of his teeth. So James D. Jones
was arrested here and turned over to
South Rend police. Then others com
plained that in the four months Jones had
operated as a dentist in South Rend he
liad stolen nil the convertible assets be'
could lift from their mouths, including
eye teeth, molars and bicuspids, explain
ing it was to remedy faulty work.
On the present warrant, however. Jones1
will be prosecuted only by Watts, who
will show the court the very spot from
which tlie eye teeth were stolen. I fa will
tell the judge that after his eye teeth
were stoleth literally, he ‘cut Ids eye
teeth," figuratively, and went after Jones,
whom he has followed four months.
receipts. 19.369; shipments, 17,727; sales,
8670; stock, 127,871.
Liverpool Cotton Market
• Liverpool, September 17.—Spot cotjon,
moderate transactions, firm. Middling
fair. 8.05*1; good middling, 7.77d; mid
dling, 7.57d: low middling, 7.30d; good
ordinary, <1.06*1; ordinary, 6.3ld. Sales 7000,
including 0600 American and 300 for ex
port and speculation. P..;*.dipts, none.
Futures closed ievnrish September 7 Jd;
September-October, 7.13d, October-Nrmm
ber, 7.07d; November-December, 0.9IW(,d;
December-Januarv, 6.99Vsu; January-Feb
ruarv, 7.00ȣd; February-March, 7.<*Hfcd;
March-April, 7.02*Ail; April-Mav, 7.<*<91,
May-.lune, 7.03d; .lune-.Tidy, 7.0ld; July
August, 6.99d; August oeptembcr, O.H'.i.d.
Dry Goods
New York, September 17.-* Staple dress
goods opened by some large corporations
for spring show reduction* of 5 rents a
yi'ic on goods that 1 >1*1 for 3'» ••outs 1 as-1
reason. Cotton goods arc steady at the
higher prices, but trade is loss* i.olive.
I'ott*^ yarns ar<; i';rm. tftn broideries for
*p:im are being offer'si at substantial
red pel .'on
Hubbard Bros. & Co.’s Letter
New i’ork, September <S|k . ink)—As
a re.-uIt of the inunV serious complaints
which prominent Liverpool houses are
receiving from their own representatives
in the southwest, that market surprised
everyone by advancing some 13 to 14
points.
In our own market the advance was
met by realizing sales that held the nfai
ket in check, though closing at the best
prices some 23 points over yesterday.
Spinners have so far not bought freely
as they thought the market would break
down under the receipt of new cotton.
Perhaps it Would have done so hut for
the bed weather for the pant week and
now they are facing another proposi
tion, namely, will tna crop be as larg
as last season, and if so, when had w *
hotter buy our requirements, when we
have not the supplies of 4Ust season to
fall back upon?
wil'li.
EFFECT ON TRADE
Practically No Change in
Prices Noted Yesterday.
Irish Potatoes Scarce
Out of town orders on Morris avenue
yesterday came with a fair degree ol
briskness, but. the local trade was some
what slow. The inclement weather of the
past two days Is beginning to have a de
leterious effect and unless there is a
change soon business will probably be
backward for a time.
Practically no changes In quotations for
yesterday were made. Irish potatoes, aft
er the sharp upward turn of the mar
ket, are resting secure and strong at $1.10
to $1.15 a bushel ami there is small likeli
hood of a drop soon. Produce business
was quiet and with the exception of Irish
potatoes all supplies are adequate.
The grain market is unchanged. Corn
continues to sell at $1,05 and no drop
seems likely to come in the? near future.
Alfalfa is still quoted at 126 a ton ami
there Is at present a fair supply. While
It is said that the western crops of al
falfa are very short, it is believed that
the local market will be unaffected until
the present supply is exhausted.
No change in poultry quotations was
registered. The supply Is somewhat limit
ed. but the demand Is slow and no strin
gency is apparent.
LOCAL "QUOTATION S
Pig Iron
IP ..
2F . 11.00
$F . 10.50
Gray Forge . 10 OO
IS . 11.50
US . 11.00
Local Cotton
Strict good middling . 13
| ioo(l. middling .. ^............^,. 1274
Meat
T.ard, 13c; compound, XO%c; dry salt
short libs 13.«r; bellies, 14.15c; ham
butts, In,60c, Boston butts, 16c; pork lotus,
18c; spare libs, 12c; breakfast bacon,
27®28c; smoked bacon. 17c; regular bam.
13c; skinned ham. 1974c.
Creamery Products
Country butter, 2<nfj25c; fresh creamery
butter, 3<ic; cheese, 17c; Imported Swiss
cheese, 31c; Berman brick cheese, 20c;
limburger cheese, 19c; imported Roquefort,
35c; Neufehatel cheese, per dozen, 45c;
Plt.tento cheese, $1.35; process butter, 30c.
Fruits nnd Produce
Apples. Malden Blush, bbi., $5.50: Cali
fornia peaches, box. $1.15; limes, per loo,
$1,10<f<1.25; lemons, box of :wn, $34t5.50; Keef
er pears, per bu. hamper. $1.25; Florida
grapefruit, $L60nf3; cantaloupes , pink
meat, flat orate. $1.15; cantaloupes, Rock
lord, standard crate, $2.75; watermelons,
154f26c; Malaga grapes. $2; Tokay grapes,
$2.25; Concord grapes in pony baskets, 200;
scuppernongs, $2 crate; Irish potatoes, $1.10
Oil. 15 bu.; sweet potatoes, $2.25®CS.eo bbi.;
pepper, pel' crate, $1®1.50; Jumbo celery,
90c dozen; celery, $4 crate; okra, $23, 50
hamper; cucumbers, per crate, $1.75; Vir
ginia. cabbage, 2t4o lb.; snap beans, per
hamper, $1.50; new crop red and yellow
onions, 2!v lb.; Imported onions, crate,
$1.75; lettuce, $1.504/2.50 cruta.
Fish and Sea Foods
Red snapper, liu filOc in bbi. lots: g-ay
snaPiters or groupers, 6c; Spafiish mack
erel 12'44il5c In bbi lots; pompanO, Me;
mixed fish, 8c in bbi. lots; dockers, 5140
In bbi. lots; mullet. fitje In bbls.; small
trout, 8'4r, fresh water cat. dressed, 1214c;
salt water cat. 8Vjc; spekled trout, i2'4c.
New York oysters, $1.50. $1.654/1.S3 per gal.
Shrimp, XOc lb.
Coffee and Sugar
Arbucklo coffee. 21.90c; Luz&nne, 23c per
pound. Sugar standard granulated, fctyc
per pound.
Poultry and Eggs
Hens, per pound, 16^17c; fryers. l<gp
V.'j lbs. average, 21 to 22c; ducks, 13c lb.;
guineas. 30c; roosters, 30c; geese, 4CKg60o;
live turkeys, 15c; fresh eggs, case, candled!
23c; extra graded candled eggs, 2J>c..
Flour and Breadstuffs
Self rising flour, $5.60; Tennessee flour,
$5.15, Oklahoma flour, $5; pure wheat
shorts, $35; pure wheat bran, $31; C. 8.
hulls per ton, $16; prime C. S. meal, per
ton, $32: ('. S. feed meal, per ton, $30;
No. I timothy hay, per ton, $25; mixed
alfalfa and Johnson grass, per ton, $20;
alfalfa hay, per ton, $26; Johnson grass,
per Mon, $16; mixed feed. $34; oats. 60c
bu.; corn. $1.05; corn meal, $2 per 96 lb.
sack.
Montgomery Market
Montgomery, September 17—Spot cotton
was quoted In Montgomery today as fol
lows; Good middling. 13 l-10c; strict mid
dling. 12 15-100; middling, 12 l.V16c*; strict
low middling, 12 7-10c; good middling,
12 1-10<\
Every Woman
is interested and should
know about the wonderful
Marvel wjiHi* s,w
^ Douche
_
Ask y oar druggist for *
It. If h« cannot* sup
ply the MARVEL,
accept no other, but
aend stamp for book.
j Marvel to.. 44 L. Z2i St.. N.r.
^ ^ chain or ^
Central Stare. Collier's; Entley Store. A*eryt'i. Nortt
| Birmingham Store. Madison'* Pharmacy; Pratt CJtl
§tore. Phillips-Pa tt-reon Druf Compaoju

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