The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, October 09, 1913, Image 13

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The Birmingham age-herald. [volume], October 09, 1913, Page 13, Image 13
About The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950

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The Birmingham age-herald. [volume] (Birmingham, Ala.), 09 Oct. 1913. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn85038485/1913-10-09/ed-1/seq-13/>

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Market Nervous All Morn
ing—Steel and Other
Leaders Drop
f New York, October 8.—Aggresive sell
nig of stocks was resumed today, and no
effective resistance was offered. The
pivotal stock was Union Pacific, the acute
w eakness of which turned the w hole mar
ket downward after a fairly steady open
ing. Sentiment was decidedly bearish
and the break in Union Pacific was all
that was needed lV- concentrate specula
tive activity on the short side.
The market was nervous air morning,
und before noon Union Pacific had been
toreed down approximately 4 points.
Reading, Amalgamated, Steel, Canadian
Pacific and Lehign Valley were 2 points
lower, and among less active shares there
were losses of 1 to 4 points. Pressure re
laxed in the afternoon and speculation be
came quiet.
Steel broke through 55, showing a loss
of over lu points, from its top price of a
fortnight ago. American Telephone se
curities again were heavy. The common
lell to 123%, the lowest since 3909, and a
decline of 2% o nthe week.
The particular weakness of Union Pa
cific could be traced to no specific devel
opment. It was generally ascribed to the
belief that no announcement would be
made in the immediate future regarding
an extra cash distribution, which had
been predicted by many traders. The
early break was influenced also by sell
ing from London, said to be due to the
closing out of holdings by a large trader
who was in difficulties.
The expected decrease in copper stocks,
amounting to over 8,500,000 pounds, was
shown in the monthly statement. Al
though the report fully verified iptimistic
predictions, it was without effect on th >
market. Even the copper shares failed
to improve. Bonds were lower, with
more liberal offerings of some industrial
and convertible Issues. Total sales, par
value, $1,394,000. United States bonds were
unchanged on ||JL
/'ontls
TVS. ref. 2s, i| .fttered .. 95
U. 8. ref. 2s, # upon . 95
U. S. 3s, registered . 102%
U. 8. 3s, coupon . 102%
Tr. 8. 4s, registered . 109
l\ 8. 4s, coupon . 109
Central of Georgia 5s . 103%
Illinois Central 1st ref. 4s. 91
Louisville'& Nashville un. 4s.... 93%
Seaboard Air Line adj. Gs. 74
Southern Railway 5s . 103%
Southern Railway gen. 4s . 74%
Ttreasury Statement
Washington, October 8.—Tlij condi
tion of the United States treasury at
the beginning of business today was;
Net balance in general fund, $12 1,448.
157,
Total receipts yesterday, $2.857,387.
Total payments yesterday. $2,327,578.
The deficit this fiscal year is $5,381,957,
against deficit of $0,770,667 last year,
excludf * ||pf Panama canal and public
debt t\ inactions.
New York Money
firm, 3% (§4% per cent; ruling 'ate 4
per cent; closing, 3%|$4 per cent. Time
loans strong, 60 days 4%@5 per cent;
90 days, 5% per cent; six months, 5
per cept. 4
Prime mercantile paper, 5%(&’6 pci
cent. .Sterling exchange steady, 481.50
lor 60 days; 485.50 for demand. Com
mercial bills, 481.15. Bar silver, 60%.
Mexican dollars, 47. Government bonds
steady. Railroad bonds steady.
German Exchange
Berlin, October 8.—Exchange on Lon
don. 20m 45 pfgs. Money, 4$ 4% per
cent. Private discount, 4% per cent.
French Exchange
Parle, October 8.—Rentes 8Sf 12 %c.
London Stock Market
London, October 8.—Deals in stocks de
veloped further Improvement on cessation
ol forc< d liquidat Ion today. The closing
was belowr the highest. American securi
ties were about par. Light advances re
sulted until the end of the first hour when
most of the shares eased away under
realizing sales, ly the afternoon the list
declined sharply under New York selling
and closed weak.
Consols for money, 72T*. Consols for
the account, 73L*. Par silver quiet, 28%d.
.Money. .*Pr. Discount rates: Short bills,
4 7-16<b 4 1»: t hree mon t hs, 4 r,«.
Metal Market
New York, October 8.—Lead quiet; of
fered $4.*;o. London, £20. Spelter easy,
$3.40^5.50. l.ondon, £20 13s.
Copper steady; standard spot to De
cember. $10.75 offered; electrolytic. $lij.7.V<i
lti.87; lake. $17; casting. $16.G2@16.73.
George B. Ward
Stocks and Bonds
Inquiries Solicited
Hubbard Bros. & Co.
Cotton Merchants, Hnnnver Square, W,
Y. Members Now York Cotton Ex
change, New Orleans Cotton hxcuange,
New York Produce Exchange. Asso
ciate Members Liverpool Cotton Asso
ciation. Orders solicited for the pur
chase and .sale of Cotton and Cotton
Heed Oil for future delivery. Special
attention and liberal terms given for
consignments of spot cotton for
livery. Correspondence invited.
// THROUGH THE
4 4 wsuuam
f GRAND
CRUISE
By the magnificent1
cruising steamship
"Cleveland"
(17,000 tons)
From New York, January 1915
Visiting famous cities and countries on a
palatial steamship which serves ss ycur
hotel. Every luxury and comfort assured.
135 days—$900 and up
Including Shore Trips and all necessary expenses.
Also Cruises to the Orient, India,
West Indies, Panama t^anal, and
*• Mediterranean trips.
Send for booklet, stating cruise
HAMBURG - AMERICAN
LINE
41-45 Broadway, N. Y.
Or Steiner Ilroa., lUrmlnfflinni, Ala.
REST AND HEALTH TO MOTHER AND CHILD.
Mas. Winslow’* Soothing Syrcp has been
t,Ked for over SIXTY YEARS by MILLIONS of
MOTHERS for their CHILDREN WHILE
TEETHING, with PERFECT SUCCESS. It
SOOTHES the CHILD. SOFTENS the GUMS
at LAYS all PAIN ; CURES WIND COLIC, and
«« the best remedy for DIARRHOEA. It i* at
- ‘ ■'lUttcly harmless- Be sure and ask for “Mr*.
Sinslow'a Soothing Syrup/' and take no otfeel
ad. Twenty-five cent* a bottle. r
_THE CLOSING STOCK LIST
_oaies. High. Low. llaee.
Amal. Cop.25300, 75 73.% 73%
Amer. C. Kys. 3ii
do pfd. ' ] 05
Amer. Agrieul. .. 100 41% it% 43%
Amer. B. S. 400 24 % 2a?i 23%
Amer. Can .10700 34*1, 33 33%
do Pfd . 700 0 1% 0 4 93%
Amer, C. & F. . . 300 43 % 43% 43%
Amer. Cgt. Oil...1100 30 377* 3S
Amer. I. S.1600 22 21 "i 21%
Amer. ldnseed. S%
Amer. Loco. 400 30 30 30%
Amer. Smelt, it
Keflning.2200 65% 64% 64%
do pfd . 300 100 00% 00%
Amer. S. R. 200 100 100 100
Amer. T. & .3300 124% 123% 123%
Amer. Tob .1000 22S 224% 224
Ana. Min. Co. ...1100 36% 35% 35%
Atchison .! . 4200 04 93A, 04
do pfd . 500 00 % 00% 0071
Atlantic C. L.. 447
Balt. * Ohio ...1400 91 % 03 7„ 93^
Bethle. Steel ... S00 SI % 30% 31%
Brook. It. T.1100 87% S6% S6%
Can. Pacific .0300 238% 231% 232%
Cent. Leather .. 800 21% 20% 20%
Cites. & Ohio.1300 57% 57% 571
C>1|- Q. W.100 12 12 11 %
Chi.. 5111. & ^
St Paul .4000 102% 100% 101%
dll. A- ,\. \V. 300 128% 128% 128%
Col. F. A 1. 300 28% 28% 2S
Consol. «ns. 100 130% 130% 130%
corn Prod.1500 10 9% 01,,
Del. & Hud.* 455 -
Den. & R. fj. 400 48 % 18% 17%
do pfd . 100 32% 32 % 3..
Distil. Seour. 300 15% 14% 14%
Er!e .1300 287* 28 % 28%
do 1st pfd- 300 46 44 % 4414
do I’d pfd.COO 36% 36 36%
den. Elec. 700 144 142% 142%
Ot. Nor., pfd- 000 126% 125% 125%
Ut. Nor. O. ctfs. .1500 32% 31% 34 1
Illinois Cent. ... 800 109 108% 108
Interb. Met. 200 4 5% 15% 45
do pfd .1800 62 60% 61
Inter. Harv. ... ^.405
Inter-Marine
pfd.. , 14%
Inter. Paper - 200 7% 7% 7\
Inter. Pump .... mu 7 ~ 7' fia^
\ Salt's. High. .Low. (’lace.
K. C. Soil. 200 2l 51 Ft
Laclede Gas .... 200 00 99 08
Lehigh Val.1100 154% 152% 153
Louis. & Nash... 500 131". 131 134'..,
Minn., St. P, it
Sault St. 51. .. 300 133 131% 132
Mo.. K. & T. 700 20% 20 20
Mo. Pacific .2100 29% 28% 28%
Nat l Biscuit.120%
Nat'! Lead . 100 44% 44% 44%
Nat’l Rys. of M.
2d pfd I. 13%
N. Y. Central ...4900 95% 94% 95
N. Y„ O. &• W. 28
Nor. & West_ 100 103% 102% 102%
Nor. Amer. 71
Nor. Pacific ....1700 111% 110% 110%
Pacific Mail . 100 20 20 19
Penn.2000 112% 111% 111%
Peoples Gas ...3200 1 25 123 % 123%
Pitts., C, C. &
St. Louis .. .... 90
Pitts. Coal . 700 20 19% 20
Pressed S. C. 200 25 25 24
Pull. Pal. Car.151%
Reading .45100 105% 163% 164%
Rep. T. & S. 400 19% 19% 19%
do pfd .1000 79% 79 79%
Rock 1. Co. 2600 14 % 13% 13%
do pfd . 1400 22% 21 % 21 %
St. L. {i San F.
id pfd.'... 7
Seaboard A. L. .. 17%
do pfd... . *., .... 45 %
Sloss-ShefT. S.
& Iron .. . 29
Sou. Pacific.9000 90 % 89% 89%
Sou. Pallway.... 600 22 % 22 217,'
do pfd.1000 78 78 78 *
Tenn. Cop. 300 31 % 31 31
Tex. & Pacific... 100 13 13 13
Union Pacific... 84100 156% 153% 153%
do pfd .\. 800 83% 83% 83%
U. S. Realty. . 56%
U. S. Rubber ... .2000 62% 61% 61
U. S. Steel .83300 5674 64% 55%
do pfd. 400 105% 105% 106%
Utah Cop.2900 53 % 51% 52%
V. -C. Chem. 500 29% 28% 27%
AVabash . 3%
do pfd . 200 10 10 9%
West. Md. 200 38 37 74 37%
West. Union .... 900 62 61 61
West'll. Elec. ...1700 67 66 66%
AOlal Ka-les for the day, 377,000 shares.
_LOCAL SECURITIES
. , xsia. ASKea.
A 111. 9. & r. 4 50 55
Amer. C. Rys., pfd ... 6 6.1 Gt.
Amer. C. Rys. 33 37
Amer. T. A S. Bank... S 165 175
Avondale Mills, com... 8 NO il„
Avondale Mills, pfd.. 8 100 105
Bessemer C. & 1. 4 45 65
B’ham Baseball Asso,. 140 170
B’ham Realty Co. 4 168 175
B'ham T. Ac 3. 8 250 268
Cham, of Com., pfd .. 7 74 80
Com. Bank & T. Co.. 80 97
Corey Land . 66 75
East Lake Land. 55 05
Elmwood Cem. Co. 4 87 96
Empire Imp., pfd.8 104 1)0
Empire Imp. Co. 75 85
Ensley Land. 110 125
First National Bank..12 257 262
Great Sou. Life . ’10 13
Interstate Casualty ... 3 6
Jeff. Co. S. Bank .10 155 165
Jefferson Fertilizer ... 8 110 120
L. J. & L., com. 45 GO
L„ J. A I,., pfd. 7 90 95
M. A M. Bank . 120 127
North B'ham Land .... 15 22
Protective Life . 10 13
Realty Tr. Co., com.... 8 110 125
Realty Tr. Co., pfd. ... 8 100 110
Sou. States Fire . I 6
Traders Nat. Bank_ 9 150 155
BONUS
Rate, Bid. Asked.
Ala. State ref., 1920... 4 98 101
Ala. State Renew., 1956 3^4 88 92
Ala. State Renew., 1956 4 98 101
Ala. State Pair. 6 70 80
Amer. c. RyB.5 S3 91
Bessemer C. & 1.6 100 103
B. R., L. & P. 6 95 98
B. R„ L. & P. 414 87 90
B’ham Ice Factory .. 6 100 106
B'ham R. & E.5 100 102
B'ham Waterworks ... 5 84 88
B'ham Waterworks_6 107 110
City of Birmingham .. 5 100 104
City of Birmingham .. 6 105 108
Continental Gin . 6 102 106
Country Club . 6 95 100
Jefferson County. 5 102 106
Jefferson County .... 6 105 110
Jefferson County .... 414 100 103
Milner Land Co. 6 96 101
Nashville Railway .... 5 100 102
Pratt Consolidated ... 6 83 88
Sloss L & S.6 102 105
Sloss I. & 8. . 4\4 92 95
T. C. I., ge.. mtg. .... 6 100 102
T. C. Tenn. Dlv.6 101 103
T. C. 1., Ship bldg. ... 6 102 104
T. C. I.. B'ham Div. ... 6 100 102
T. C. L Cahaba Div.. 6 103 107
Tin dull; spot. $40.45040.75; October, $40.40 I
@401170; November, $40.50(7740.80; December,
$40.50@ 40.90.
Antimony dull; Cookson's. $8.30.
Iron quiet and unchanged.
London market closed us follows: Cop
per steady; spot, £73 2s 6d; futures, £73.
Tin easy; spot. £1S5 15s; futures, £186 5s.
Iron, Cleveland warants, 53s.
Live Stock Market
Chicago, October 8.—Hogs: Receipts.
28.COO; weak; 5c lower; bulk of sales, $7.80
<1x8.35; light, $7.90(7X8.50: mixed. $7.7508.55
heavy. $7.7008.50; rough, $7.75@7.85; pigs, j
$4.5007.50.
Cattle: Receipts, 18.000; steady; 10c low
er; beeves, $7.1009.50; Texas steers. $6.90@*
8; stockers, $5.25(7x7.85; cows and heifers,
$3 6508.50; calves. $7.50011.25.
Sheep; Receipts, 15,000; mostly I0<g>1.5c
lower; natives, $3.90(775; yearlings, $5@8;
native lambs, $5.9007*25.
Krnsas City. October 8.—Hogs: Re
ceipts, 12.000; market 10020c lower; bulk.
$7.75(7x8.30; heavy, $7.95(778.20; packers and
butchers, $7.9008.39; light, $7.7508.20; pigs.
$<’»''n 7.25.
Cattle:' Receipts. 14,000. including 100»>
southerns; best steady: others weak;
prime fed steers, $9@9.50: dressed beef
steers, $8(778.90; southern steers. $5.7507;
cowsfi $4.25(777.25; heifers, $509.20; Stock
ers $5.7508.25.
Sheep: Receipts, 14,<XW; 150.25 c lower;
lambs, $0.50<7i'7.30; yearlings. $505.75; weth
ers. $4.2404.80} ewes. $2.6004.40.
St. Louis. October 8,—Cattle: Receipts.
4000, including 900 Texans; steady; clioice
to fine steers, $809.40; good to choice
steers, $7.2508; dressed aad butcher steers.
$5.5007.25; Stockers, $5.250.7.50; calves. $60
11.50; Texas steers, $607.75; Texas rows
end heifers, $4.2506.50.
Hogs: Receipts, 8000; steady; pigs and
lights, $5.5008.40; mixed and butchers. $8.15
@8.40; good heavy, $8.2008.40.
Sheep: Receipts, 2000: steady; muttons.
$2754x4.60; yearlings, $506; lambs, $5,500
7.50.
Ivoulsville, October 8.—Cattle. 400: steady;
$2.5008; bogs, $21; steady; 10c lower; range,
$4,5008.55.
Sheep: Receipts, 100; steady; lambs,-6%c
down; sheep, down.
Coffee Market
New York, October 8.—Higher Eu
ropean cables and continued strength
in Brazil caused an opening advance of
8 to 21 points in the coffee market to
day. There was heaVy realizing and
scattered selling for a reaction, how
ever, and prices closed irregular. 7 to
15 points net higher. October, 10.06c;
December, 10.31c; January, 10.43c;
March, 10.70c; May, 10.87c; July, 11.04c;
September, 11.16c.
•Spot steady; Rio No. 7, 10%c; Santos
No. 4, 12%c. Mild dull; Cordova, 13(g)
16 Uc nominal.
Havre net unchanged to M franc
lower. Hamburg unchanged to % pfen
nig lower. Rio 75 reis higher, *Santos
spots 100 reis higher; 4s 6sx700; 7s
5sx900. Futures 100 reis higher.
Copper Production Statement
New York, October 8.—Statement ot
the Copper Producers’ association
shows a decrease in stocks on hand of
8,520,943 pounds for the month of Sep
tember. It compares with the previous
month. Production for September
amounted to 131,401,229 pounds, or only
231,133 pounds less th#n in tile pr1*
ceding month, Tlio weak featurs of the
statement was in domestic demand
which fell off over 0,800,000 pounds.
Total deliveries foreign and domestic
were smaller by almost 7000 pounds.
Naval Stores
Savannah, October 8.—Turpentine
steady, 39%c: saleB, 579; receipts, 584;
shipments, 380; stock, 27,191. Rosin ir
regular, lower; sales, 1794; receipts,
1174; shipments, 5690; stocks, 155,883.
Quote: A, B, $3.47(0)4.55; I>, *3.50(0)
3.55: E, F, »3.62^®3.55; G, *3.55 @3.57 y.';
H, *3.5510)3.60; 1, *3.60(0 3.62 %; K, *4.10; I
M. *4.40; N, *5.10; 5VG, *6.10: W, *6,20. |
Cotton Seed Oil
New York, October 8.—Cotton seed oil
declined early today under easier crude
markets and overnight selling orders
but prices firmed up later on covering
of shorts and scattered speculative buy
ing on the closing strength in lard an l
the rally in cotton. Closing prices were
unchanged to 2 points lower on near
and 2 to 6 points higher on late months.
Hales, 12,900 barrels. Prime crude. 5.73c;
sales: prime summer yellow, spot, 6.90
©'7.06c; Ootober, 8.97c; November, 6.85c;
December. 6.96c; January, 7.01c: Feb
ruary, 7.07c; March, 7.18c; April, 7,23c;
May, 7.35c; prime winter yellow, 7.20®) i
8.00c; prime summer white, 7.00@8.Ql)c.
SMALL NET ADVANCE
AT CLOSE OF SESSION
_ |
Market Under Heavy Sell
ing Pressure at First.
Steady Later On
New Orleans, October S.—While cot
ton was under rather heavy selling
pressure in (lie first half of the ses
sion today, the tone in the afternoon
became steady- and there was a full
recovery of the decline, and even a net
advance. Save for the fact that spots
were marked down 3-1G, it Is
likely that the hulls would have beer
able to force prices somewhat higher
than they did. In tho morning it was
reported that bulls were heavy liquida
tors, but in the afternoon there was no
mistaking the fact that bullish inter
ests were giving the market effective
support.
On the opening the tone was steady
and prices were 4 to 6 points down on
poor cables and a fairly good weather
map. Reports from the nclt were
somewhat more reassuring and there
was a rather decided tendency to in
crease crop' estimates. The detailed
weather reports noted very little rain
in tlie belt over night. Immediately
after the call there was a recovery of
the initial decline and prices went 1
to 2 points over yesterday's close. This
rise was quickly lost and replaced by
a decline, which was gradually widened
to 11 to 12 points, Tlie market com- 1
menced to regain ground again toward
noon and^In the ufternoon displayed
moderate strength. The wind storm .off
the soutli Atlantic coast helped the
market to some extent. At the highes
in the afternoon prices were 2 to 3
points over yesterday's final figures.
The close was steady, 1 point up to 1
point down, compared with the closo
of yesterday. .
_New Orleans Cotton Futures
Open. High. Low. Cl.Bcl.
October . 13.40 3 3~49 13.38 13.46
November .... 13.38 113.42
December .... 13.35 13.44 13.28 13.40
January . 13,$5 13.44 13.27 13.40
March . 13.44 13.50 13.37 13.47
May . 13.48 13,51 13.39 13.50
New Orleans. October 8.—Spot cotton
easy, 3-16c off; sales on the spot. 640;
bales to arrive. 1000. Middling 13 J1-16C;
low ordinary, 10 5-lGc, nominal; ordi
nary lit4c, nominal; good ordinary,
12He; strict good ordinary, ISc: low
middling. 1314c; strict low middling,
'314c; middling, ]» ll-16c; strict mid
dling. 14 1 -16c; strict good middling,
14Isc; middling fair, 14 ll-18c;, nom
inal; middling fair to fair, 15 l-16c,
fair. 16 7-16c, nominal. Receipts, 6267;
stock, 69,329.
BIG CANADIAN CROP
CAUSES MI HALI
Market Closes Weak 3-8c
Under Previous Night.
Corn Drags
Chicago, October 8.—Surprising contin
uance of heavy receipts of wheat ,in the
Canadian northwest more than off
set today a decrease In arrivals this side
of the border. Largely in consequence the
market closed weak, %c under last night.
Corn showed a not decline of %@%c and
oats a drop of %®%c; provisions wound
up With 7%@30c advance.
Canadian reports that the big movement
of wheat to terminal points threatened to
last for some time did not affect the mar
ket here until..after there had been a
rally due to falling off of receipts at
country stations in Minnesota and the Da
kotas. It was said that the Canadian
shipments had already congested the fa
cilities at lake receiving points In the
east. Good crop prospects in Australia
and Argentina counted In the bears',
favor.
Dry weather advices from India and
news of an active demand frpin France
had considerable to do with early firm
ness of wheat. In addition, there was a
fairly good milling call here and else
where, but in the end the dominating in
fluence proved to be the unlooked for de
velopments beyond the Canadian line.
Corn evinced a dragging tendency after
an early upturn ascribed to the temporary
strength of wheat. Fine weather and
slackness of shipping demand worked
against the bulls. Besides industrial
users of Argentine corn now arriving at
New York reported that none of it was
bad enough to reject. Oats eased off
with other grain. It was said Canadian
oats were not competing to such an im
portant extent as many traders had been
led to believe.
One of the leading packers took an ac
tive hand in buying lard which another
conspicuous packer sold. The battle be
tween the packers resulted In favor of the
bull side.
Future quotations were as follows:
~ Wheat— Open. High. Low. Close.
Dec. 86 86% 86 86%
May . 91% 91% 91% 91%
Corn—
Dec. 68 % % 69 68% 68%
May . 71% 71% 70% 70%
July. 70% 70% 70% 70%
Oats—
Dec. 41% -41% 40% 41
May . 44% 44% 44% 44%
Pork—
Jan.19.65 19.75 19.60 19.75
May .19.05 19.85 19.65 19.85
Lard—
Nov. ‘.10.40 10.60 10.37% 10.60
May . 10.65 10.75 10.65 10.75
Ribs—
Oct.10.75 10.90 10.75 10.90
Jan. 10.35 10.47 % 10.32% 10.47%
May .10.45 10.57% 10.45% 10.57%
Kansas City Grain
Kansas City, October 8.—No. 2 cash
wheat, $4%c; No. 2 red, 91@92%c. Corn:
No. 2 mixed, 72$72%c; No. 2 white, Ti@
73%c. Oats: No. 2 white, 42%c; No. 2
mixed, 41c.
St. Louis Grain
St. Louis. October 8.—Wheat: pash No.
2 red, 94&96c; No. 2 hard, 86%<&93c. Corn:
No. 2 red and No. 2 white, 70c. Oats:
No. 2, 40c; No. 2 white, 42%g43c. Close:
Wheat, December, 89c; May, 92%e. Corn:
December, 69%(fr%9%c; May, 72%e. Oats:
December, 41%<bdl%c; May, 44%e.
Liverpool Grain
Liverpool, October 8.—Wheat: Spot
steady; No. 1 Manitoba, new, 7s 3d; No. 2
old, 7s od; No. 3 old, 7s 3d. Futures steady;
October, 7s %d; December, 7s Tad; March,
7s l%d. Corn: Spot quiet; American
mixed, 6s 8d. Futures steady; Octomer
(LaPlata), 5s %d; December (LaPlata), 5a
3%d.
Primary Receipts
Chicago, October 8.—Primary receipts of
wheat today were 1,319,000 bushels; a year
ago, 1,862,000 bushels. Seaboard clearances
of wheat and flour equalled 1,201,000 bush
els.
St. Louis Produce
St. Louis, October 8.—Flour dull. Hay
steady. Receipts: Flour, 9000; wheat, 30,
OQO; corn, 17,000; oats, 83,<H)0. Shipments:
Flour, 20,000; wheat, 89,000; corn, 34,000;
oats, 77,000.
New Orleans Rice Market
New Orleans, October 8.—Rice: Rough
Honduras and Japan very strong; clean
Honduras strong and advancing; Japan
steady and advancing. Quote: Rough
Honduras, 2.7504.85c; Japan, 2.7504.05 c;
clean Honduras, 4%06%c; Japan new, 3%
04c; old, 3*403%c. Receipts: Rough, 2832;
millers, 853; clean, 3918. Sales: -1087 sacks
rough Honduras at 204.86c; 4932 pockets
clean Honduras at 206c; 548 pockets Japan
at 3%c.
ODD FELLOWS WILL
Members Composing Sev
enth District Gather
Today
Opelika, October 8.—(Special.)—Thai
part of the Independent Order of Odd
Fellows composing the Seventh district
will convene In this city Thursday morn
ing at 10:30 o'clock In the Odd Fellows'
temple. The session will be opened by
District President B. T. Phillips, and the
address of welcome will be delivered by
W. T. Wear of Opelika, and responded to
by C. V. Walker of Roanoke and W. U.
Cary of Phenlx City.
Several speeches are booked for the
afternoon session which will begin at l:3o
o’clock.
In the evening the lodge will hold a
social session at the Clement hotel, where
also a banquet will be served. The Sev
enth district Is composed of 11 lodges.
EXPRESS OFFICE AT
LINEVILLE MOVED
Llnevllle, October 8.—(Special.)—The
Southern Express company and Western
Union Telegraph company have removed
their offices from the Atlanta, Birming
ham and Atlantic railroad depot to an of
fice downtown. D. T. Alayfleld will have
charge of the office. The business men
of Llnevllle have been working for some
time to get this change In order to get
better service, the offices at the depot be
ing somewhat isolated and Inconvenient.
New Method of Taxation
Meridian. October S.—(Special I—Efforts
that are being made to have the Somers
system of taxation installed in this city
(will not likely ho successful lor the
present year's taxes, as the city au
thorities have already made the assess
ment. The matter will be further Inves
tigated v ith the prospect that it may he
adopted in time for next /cu.' j assess
ment.
'COnON NERVOUS
.
Covering by Early Sellers
Helps Afternoon Rally.
Close Firm
j New York. October 8.—The cotton mar
ket was nervous and irregular today with
local traders evidently disposed to take
a bearish view of southwestern weather
conditions and the spot situation, but ag
gressive selling was restricted by appre
hensions of storm damage In the eastern
belt and the appearance of trade buying
on declines. Covering by early sellers
helped an afternoon rally, and the market
closed steady, net 2 points lower to 4
points higher.
There seemed to be a good many over
night selling orders around the ring at
the start and first prices were 3 to 8
points lower. Offerings were encouraged
by easier Liverpool cables and better
weather in the southwest than expected,
but reports of a storm off the south At
lantic coast caused considerable nervous
ness and prices soon rallied to about the
closing figures of last night on covering.
This bulge ran the market into increased
offerings, however, and it soon weakened
under active foreign, southern and local
selling. Some stop orders were uncov
ered on the decline, which carried prices
off to 13.03c for January, or about SO
points below the high records of last
week. This break of $4 per bale attracted
a good deal of realizing by recent sell
ers, as well as some renewal of bull sup
port, and the market later ruled steadier
on reports that the Atlantic storm has
readied the coast and might cause dam
aging rains in the interior. Active monthB
worked from 1 to 0 points above the clos
ing figures of last night during the after
noon, but selling continued active enough
to cause further irregularity in the late
trading, with the close 3 or 4 points off
from the best. An Arkansas spot man wus
quoted as estimating the crop at 12,800,000
bales, including linters, but these figures
seemed to attract comparatively little
attention, and there was much talk
around the ring indicating somewhat in
creased views of the yield, as well as ex
pectations of increased spot offerings.
New York Cotton Futures
Open. High. Low. Cl.Lid.
October . 13.50 13.65 13.39 13.51
November. 13.34
December .... 13.35 13.40 13.22 13.37
January . 13.09 13.22 13.03 13.18
February. 13.18
March . 13.17 13.28 13.10 13.26
April . 13.13*. 13.20
May . 13.19 13.30 13.12 18.26
June . 13.16
July . 13.10 13.16_13.05 13.15
Port Cotton Movement
Galveston; Quiet; middling, 137»o; net
receipts, 15,725; gross receipts, 16,725; sales,
829; stotik, 42,810; continent, 288.
New Orleans: Easy; middling, 13 11-lfic;
net receipts, 6267; gross receipts, 6614;
sales, 1610; stock, 00,329; continent, 525.
Mobile: Steady; middling, 13%c; net re
ceipts, 5377: gross receipts, 5387; sales, 200;
stock, 38.348; continent, 6650; coastwise, 357.
Savannah: Steady; middling, 13Qc; net
receipts, 14,301; gross receipts, 14,301; sales,
5S84; stock, 132,200; France, 7303: continent,
6724; coastwise, 3S09.
Charleston: Steady; middling. 13»4c; net
receipts, 6603; gross receipts, 6503; stock,
71,482.
Wilmington; Steady; middling, 131»c; net
receipts, 4981; gross receipts, 4981; stock,
33,700.
Norfolk: Steady; middling, 13 5-l«c; net
receipts, 3676; gross receipts, 3076; sales,
779; stock, 17,053; coastwise, 2038.
Baltimore; Nominal; middling, 13%c;
gross receipts, 345; stock, 2323.
New York; Quiet; middling, 13.90c; gross
receipts, 8370; sales, 100; stock, 16,885; con
tinent, 1413; coastwise, 6251.
Boston: Quiet; middling, 13.90c; gross
receipts, 6700; stock, 16,830.
Philadelphia: Steady; middling, 14.15c;
stock, 2147.
Brunswick: Stock, 1160.
Texas City: Net receipts, 2525; gross
receipts, 2588; stock, 12,$11.
Aransas Pass: Stock, 4865.
Jacksonville: Stock, 495.
Seattle: Net receipts, 3050; gross re
ceipts, 3050; Japan, 3050.
Total today, at all ports: Net, 63.415;
France, 7303; continent. 17,568; Japan, 3050;
stock, 56,260.
Consolidated, at all ports: Net, 259.342;
Great Britain, 32,004; France, 26,978; con
tinent. 67,246; Japan, 3060: Mexico, 500.
Total since September 1. at all ports:
Net. 1,702,392: Great Britain. 433,840;
France, 190.534; continent, 526,616; Japan,
23,366; Mexico, 4127.
Interior Cotton Movement
Houston: Steady; middling:, 14c; net
receipts, 13,352; gross receipts. 13,552:
shipments, 13,437; sales, 2444; stocic
101,847.
Augusta: Steady; middling, 13'ic; net
receipts, 3504; gross receipts, 4099; ship
ments, 3183; sales, 2472; stock, 29,998.
Memphis: Steady; middling, 13%c;
net receipts, 3497; gross receipts, 5983;
shipments, 4693; sales, 1750; stock, 42,
962.
St. Louis: Quiet; middling, 1374c; net
receipts, 787; gross receipts, 2732; ship
ments, 1495; stock, 3915.
Cincinnati: Net receipts, 285: gross
receipts. 285; shipments, 198; stock,
17,058.
Little Rock: Quiet; middling, 13Mic;
net receipts. 1400; gross receipts, 1400;
shipments, 407; stock, 13,536.
Charlotte: Middling, 13 %c.
Greenville: Steady; middling, 13 Mm.
Total today: Net receipts, 23,026;
gross receipts, 27,651; shipments, 23,413;
' sales, 6666; stock, 209,346.
Liverpool Cotton Market
Liverpool, October 8.—Spot cotton fair,
demand; prices easy; middling fair. 8.o3d;
good middling, 7.77d; middling, 7.63d; low
middling. 7.41U; good ordinary, 6.74d; or
dinary, 6.41d. Sales, 10,000, including 6500
American and 1000 for speculation and
export. Receipts, 17,000. including 15,WO
American. Futures closed easy. October
7.27<1 to 7.23d; October-November, 7.11 Mid;
November-December,* 7.04d; Decern her
January, 7.03*4d; January-February,
7.03Hd; February-March, 7.03*4d; March
April, 7.03%d; April-May, 7.03d; May-June,
7.02d; June-July, 6.99M4: July-August,
6.97d; August-September, 6.Sid; September
October, 6.57d; October-November 6.47d.
Dry Goods
New York, October 8.—Cotton goods 4n
dotage lines were of easier request but
with no price change for the day’s ses
sion. Worsted yarns were barely steady.
Underwear and hosiery continued active
demand for quick shipment.
Hubbard Bros. & Co.’s Letter
New* York, October 8.—(Special.)—Heavy
liquidation continued during tho morning
until prices were close to 13 cents, when
tlie trade found their cotton was passing
into the hands of spinners and their brok
ers which gave the market a strength
that has been wanting since the bureau
report. Liverpool was again the weak
point, due, we are informed, to southern
offerings. Just at the close of our mar
ket it was sold by European houses, so
that while it closed steady it was not
i quite at tiic best figure. It was higher
than last night excepting on December
most of the long Helling seemed to be
in that position. The Europea’n houses
are very bearish believing the crop un
derestimated. Our local trade think the
liquidation has enabled the spinners to
buy a large quantity of cotton and thut
the large shorts have not covered.
DANISH CABBAGE
MEET THE DEMAND
Warm Weather Slightly In
terferes With Conditions.
Hens Are Dull
I
J Morris avenue business continues brisk,
j There is only one discordant note In the
j general appearance of the market. Mer
chants say that the present warm
weather Is having a deleterious effect on
trade. The demand* is now brisk becauso
the fair Is Just opening and because of
the fact that for two weeks past sup
plies tyave been somewhat short- The
market is now well supplied and retail
ers are stocking their'stores. If the pres
ent weather continues Into next week
it is thought It will have a very bad
effect on business.
Produce dealers say the market, is in
good shape and the supplies are consis
tent with the demand. Danish cabbage
I is now taking the place of Virginia cab
bage and is quoted at 2^ cents a pound,
i No chaftge is apparent in the flsh mar
ket. The demand is excellent with good
supplies.
In the poultry market hens are selling
; for 15 to 16 cents a pound and the de
mand is none too brisk . Fryers maintain
| the price of 21 and 22 cents a pound and
j the demand is fair. No change in egg
| prices is noted.
LOCAL QUOTATIONS
Pig Iron
IF . 112 00
2F .;. 11.60
3F .-.. 11.00
Gray Forge . 10.60
13 . 12.00
23 .\.. 11.60
Local Cotton
Strict good middling . 13%
Good middling . 13%
Strict middling . 13%
Middling . 12"i
Strict low middling . 12*i
Meat
I.ard, 12%c; compound, 10%e; dry salt
short ribs, *13.32%; bellies, *14.07%; ham
butts, la.60c, Itosion butts, 16c; pork loins,
18c; spare ribs, 12c; breakfast bacon.
2?@28c; smoked bacon, 17c: regular bam,
10c; skinned harn. 10%c.
dreamery Products
Country butter, 20@26c; fresh creamery
butter, 36c; cheese, 17%c; Imported Swiss
cheese, 31c; German brick cheese, 2i)c;
Umburger cheese. 19c; Imported Roquefort,
35c; Neufchatel cheese, per dozen. 46c;
Pimento cheese, $1.36; process butter, 30o.
Fruits and Produce
Apples, Virginia green apples, per bbl.,
$3.50; New York 20 oz., $5.60: Huntsman,
$5; lien Davis, $4.50; pineapple, $3 crate;
limes, per 100, 75c@l; lemons, box of 300, •
$4.50@5; New York sugar pears, bushel,
$2.60; New York IJartlett, bu., $2.25; Flori
da grapefruit, $4@o: Florida dtangis, $3.26
to $3.50; Malaga grapes, $2.00; Tokay grapes
$2.00; Concord grapes in pony bkts., 18@20e;
seuppernongs. $2 crate; Irish potatoes $1
to $1.10 bush.; sweet potatoes, $2@'2.25 bbl.,
7oo bu.; pepper, per crate, $1@1.50; Jumbo
celery. 90c doz.; celery, $4 orate; okra, $2(g>
2.50 hamper; cucumbers, per crate. $1.75;
Danish cabbage, 2^c lb.; snap beans, per
hamper, $1.60; new crop red and yellow
onions. 3c lb.; imported onions, crate.
$1.75; lettuce. $1.50@'2.o0 crate; cranberries,
per box, $2.60.
Fish and Sea Foods
Red snapper, 10c in bbl. lots; gray
snappers or groupers, 8c; Spanish mack
erel, 12@12V6c in bbl. lots., pompano, 20c;
red bass, ><e; mixed fish, 8c in bbl. lots;
in bbl. lots; mullet, 8c in bbls.; small
croekers, in bbl. lots; Atlantic mul
let, 7V£c; common mullet, tiVsc; small trout#
•SVfcc; fresh water cat, dressed, I2foc; ladf
Gsh, salt water cat, 8V6c; speckled
trout, 12Vic. New’ York oysters, $1.50, $1.85
@1.85 per gal. Shrimp, 10c lb.
Poultry and Eggs
Hens, per pound, 16@l(jc; fryers,
1% lbs. average 21 to 22c; ducks, 13c lb.;
guineas. 30c; roosters, 30c; geese, 40@60o;
live turkeys. 16c; fresn eggs, case, candled.
25c; extra graded candled eggs, 29c.
Coffee and Sugar
Arbuckle coffee. 21.80c; Luzanne, 23o per
pound. Sugar standard granulated, 6)fca
per pound.
Flour and Breadstuffg
Self rising flour, $5.00; Tennessee flour,
$5.15; pure wheat shorts, $35;
pure wheat bran, $31; C. S.
hulls per ton, $13; prime C. S. meal, per
ton, $30; C. S. feed meal, per ton, $28;«t
No. 1 timothy hay, per ton, $25; mixed
alfalfa and Johnson glass, per ton, $24
alfalfa hay. per ton, $20: Johnson grass
per ton, $16; mixed feed, $34; oats, 68(
bu.; corn, $1; cornmeal, $1.90 per 9« lb
Selma Cotton Market
Selma, October 8.—(Special.)—Spot
cotton was quoted in the Selma market
today as follows: Good middling.
13 7-16e: strict middling:, 13 5-16c; mid
dling, 13 3-16c.
I We have customers
desiring loans on
bank stocks, bonda
^TOrKC and real estate.
JiUtnj These loans will net
- you 6, 7 and 8 per
BONDS ^Correspondence
RFAl ESTATE H & * UBALTYTCO.GB
- 3118 let Are.
To California
AND INTERMEDIATE POINTS
Low One Way Colonist Tickets
On Sale
September 25 to October 10 U»QQ 00
From Birmingham .«POO»UU
Only Half a Month to Take Advantage of These Ex
ceptionally Low Fares
Let Us Arrange Your Trip Via The Sunset Route
Through Tourist Sleeping Cars Leave
NEW ORLEANS 11:30 A. M. AND 11:45 P. M.
Don’t Fail to Write Us Before Arranging Your Trip
0. P. BARTLETT, S. J. BROWN,
Gen’IAgt. T. P. A.
1901 First Avenue, Birmingham, Ala.
F|0 AfliyrV The Nerve, Blood and
!#£%• /^.Oill Hi I 9 skin Disease Specialist
CouMiiliiifl<tn mill F*ttmlii<itlon Free
I Guarantee LIIcIoiik Cure Nervuu*, Chronic anil
Private DlMeiiMeit of Men aud Women, Much As
vnricoceie
Hydrootl*
IMrlctura
Gleet
Gonorrhoea
m'j III (MM I OHM
i.oaaes and
Drain*
Blood and
Skin
Discnnea
Syphilis
loii Biauu««a
fc'euiale
Wrokncu
Dlaeuaea af
Liver,
Kidney aod
llladder
timiKCH roBBuimiMc, icnnn mane to suit patients
convenience. A11 medicines furnished without extra
charge. Hours » to 7. Sundays 'J to l. Call or write
DR. J. S. ABNBY, Specialist
Rooms 402**1-4, Fourth Floor, Farley lliilldlns
Corner 2d Av«. anil 20th St. Elevator Entrance 2d Are
NOTICE!
Bessemer Specials
Commencing on Monday, October 13, and continuing until Sunday,
October 19, on account of the large number of trains that will be run
on the North Bessemer line, the Bessemer Specials will be run only
at 6 a. m. and 7 a, m. out of Birmingham and 7:05 a. m. and 8:05 a. in.
out of Bessemer.
Birmingham Railway, Light & Power Co.
AC iOMOBILE INSURANCE
FIRB, THEFT, COLLI SI1VV,*** T h'v mVi'o lll'.v” to \*' ""x l> PROPERTY DAHAQI
ALL IN ON ft POLICY
Mffrpoitl nn«1 Londnn and Glnfif TniMir»nc« CnmpaiT of Son Yorll
LOUIS V. CLARK & C0„ Agents
•HOSI SOT CALL—PHONE—WHITS 4th AVB. AMD Wtk H

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The Birmingham age-herald. [volume], October 09, 1913, Page 13, Image 13
About The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950