The Birmingham age-herald. [volume], July 09, 1914, Page 11, Image 11

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

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..... ..RlPACIFIC I
• IS LOWESTjN YEARS;
Persistent Selling of Va
rious Gould Securities
Feature of Market
New York. July 8.—Persistent selling of
the various securities which represent
the Gould system of railroads at heavy
recession was the outstanding feature of
today’s stock market. Missouri Pacific
issues, including the stock and 4 per cent
collateral and 5 per cent convertible
bonds, fell to lowest quotations reported
in many years, some selling at absolute
ly lowest records. The movement soon
spread to Denver and Rio Grande railroad
end Missouri. Kansas and Texas railway
Issues, ar.d later embraced other cheap
transportation stocks. Incidentally Rock
Island collateral bonds sold at a new low
record.
The usual market leaders were plainly
inclined to break away from the spell
cast upon the market by the depression
in other quarters. Such stock as Penn
sylvania and American Smelting were in
demand at substantial gains, while others
in the class reflected a firm undertone, i
London’s markets were disposed to droop,
that center showing no outward interest
in the success of the French loan. The
Bank of England got vitually all the
gold from South Africa in the absence of
anw competition. The Paris bourse was
heavy, but Berlin’s market was firm.
Bonds in general developed an easier
tendency, owing to ihe weakness of the
Gould Issues. Total sales, par value, $1,
850,000. United States bonds were un
changed on call.
Bonds
U. 8. 2s, registered . 96%
U. S. 2s, coupon . 97
U. S. 3s, registered . 101
U. S. 3s, coupon . 101
U. S. 4s, registered ... 109%
U. S. 4s, coupon. 110
Central of Georgia 5s.«... 104%
Illinois Central ref. 4s. 92%
Louisvile & Nashville un. 4s. 96%
Seaboard Air Line adj. 6s. 77%
Southern Railway 6s ^.105
Southern Railway gen. 4s ...... 73%
• Money on Call
New York, July 8.—Prime mercantile
paper closed 3%03% per cent. Sterling
steady. Sixty day bills, $4.85.90. Demand,
$4.87.75. Commercial bills, $4.8504.85% per
cent. Bar sliver, 66% per cent. Mexican
pesos, 44 per cent. Government bonds,
steady. Railroad bonds easy. Money on
call firm, 2%@3 per cent. Ruling rate, 3
per cent. Closing bid, 2%02% per cent.
Time loans firm. Sixty days, 2% per
cent. Ninety days, 2% per cent. Six
months, 3% per cent.
Metal Market
New York, July 8.—Lead dull; $3.8503.95.
Others nominally unchanged. Copper
steady. Electrolytic, $13.87; lake nominal.
Castings, $13.62. Tin steady. Spot, $31,900
82: September, $32.05032.226.
Iron ruled quiet and unchanged. Lon
don copper steady; spot £62 3’s to 6’s, 6d.
Futures £21 12’s, 6d. Tin steady. Spot
£>144 15’s. Futures £146 5s. Iron, Cleveland
warrants, 51, 6d.
Cotton Seed Oil
New York, July 8.—Cotton Beed oil was
weak under heavy liquidation of August
and September; prices off 5 to 13 points
‘ from last night. Scattered covering of
shorts, however, caused a slight rally
in the market at the close, final prices
showing a net loss of 3- to 9 points. Sales,
33,100 barrels.
The cotton seed oil market closed firm.
\ Spot. 7.2007.30c; July 7.2107.24c; August,
1 7.3007.34c; September, 7.3707.38c; October,
7.19@7.20c; November, 6.8206.85c; Decem
ber, 6.7106.73c; January, 6.7106.74c; Feb
ruary, 6.7306.75c. Total sales, 33,800.
Live Stock
Chicago, July 8.—Hogs: Receipts 21,
000; strong; bulk of sales $8.4508.70;
light $8.3508.75, mixed $8.3008.77%,
heavy $8.1508.75, rough $8.1508.30,
pigs $7.6008.50.
Cattle: Receipts 12,000: strong;
beeves $7.5009.75, steers $6.4008.30.
stockers $5.75 08, cows and heifers $3.75
09. calves $7.50010.50.
Sheep: Receipts 17,000; unsettled;
sheep $5.3606.10, yearlings $60 7.50,
lambs $6.500 9.30.
Kansas City, July 8.—Hogs: Receipts
6500; higher; bulk $8.4008.55. heavy
i $8.5508.57%, packers and butchers
I $8.4508.57%. light $8.3508.50, pigs $8
' 08.40.
Cattle: Receipts 3700; strong; prime
fed steers $9.250 9.70, dressed beef
steers $809.10, southern steers $5,750
8.50, cows $407.50, heifers $6.7509.45,
stockers $608.
Sheep: Receipts 3800; steady; lambs
$8.5009, yearlings $606.50, wethers
$-1.7506.75, ewes $4.2505, stockers $3.60
0 7.
# St. Louis, July 8.—Hogs: Receipts
6300; higher; pigs and lights $7.2508.75,
mixed and butchers $8.55 0 8.75, good
heavy $8.6508.75.
Cattle: Receipts 2700; steady; native
beef steers $7.3009.40. cows and heif
ers $5 0 9. stockers $507.50, Texas and
Indian steers $5.750 8.40, cows and
heifers $4.5006.65, native calves $60
L 10.25,
L Sheep: Receipts 3800; steady: native
■ mutton $4.7505, lambs $809.25.
Coffee Market
New York, July 8.—After opening at a
decline of 1 to 3 points, the coffee market
sold about 5 to 7 points net lower under
scattered offerings which were probably
promoted by easier European cables, and
the continued absence of any Importanl
demand from either speculative or trade
sources. There was no aggressive
pressure, however, and prices steadied 1
or 3 points on covering, with the close
showing a net loss of from 3 to 7 points,
. Pales, 33,000; July, 8.33c; September, 8.52c;
l October, 8.02c; December, 8.81c; January,
k 8 84c; March, 8.90c; May, 8.95c.
B Spot quiet; Rio No. 7. 874c; Santos No,
’ 4 12c; mild coffee quiet; Cordova, 1 -V4<5
16c nominal.
Havre, 12f lower. Hamburg unchanged
to ViP lower. Rio unchanged. Brazilian
receipts, 41.000; Jundlahy, 20,000. Today's
Santos cables reported 4's unchanged.
8ao Paulo receipts, 23.000; Santos futures,
60@75r lower.
London Stocks
London, July 8.—Consols for money,
75%: for account. 75%. Bar silver steady,
*67(,d; money, 181V4 per cent; discount
rates, short bills. 1% per certt; three
me nths, 115-10 per cent.
| Naval Stores
9 Savannah, July 8.—Turpentine Arm. 40%
©46%s; sales, 1137; receipts, 1167; ship
ments. 237; stocks, 20,967. Rosin Arm;
sales, 2926; receipts. 2555; shipments, 1024;
stocks, 116,498. Quote: A. B, *3.60!fi«.<>7V4;
V D„ J3.S5®3.70; E. $3.70@8.76; F, *3.758
1 SO; G, *3.8083.85; H, J3.82V47J3.90; I,
|3.S2V4@3.95; K, *4.25®4.45; M, *4.70; N,
15.35; WO, *5.85; WW, *5.90®6.
Selma Market
Selma. July 8.—(Special.)—Spot cot
ton In the Selma market today was
Hunted as follows: Good middling,
13%c; strict middling, 13V4c; middling,
I3%c; strict low middling, 13%c: low
middling, 12V4c. ^
Hubbard Bros. & Co.
rot Jon Merchants, Hanover Square, M,
T. Members New York Cotton Ex.
change. New Orleans Cotton Exchange.
New Yora Produce Exchange Asso*
lists Members Liverpool Cotton Asso*
Elation Orders solicited for the pur.
Ihase and sale of Cotton and Cotton
feed Oil for future delivery. Special
mention and liberal terms given for
Emslgnments of spot cotton for Is,
vary. Corrsanondansa In vital
* CLOSING STOCK LIST |
Sales. High. Low. Close.
lAmal. Copper ..14900 71 % fo\ 70%
Amer. Agri.. 54
Amer. Can .3100 23% 28 2S%
Amer. C. & F.100 51% 51% 51%
Amer. Cities pfd. 100 62 62 62
Amer. Cot. Oil ..100 39 39 39
Amer. Smelt. ....900 66% 66 66%
Amer. Snuff. .... 163
Amer. Sugar.106%
Amer. Tel. & Tel. 900 120% 120% 120%
Amer. Tob.100 232 232 232
Atchison.2200 99% 99% 99%
A. C. L.120 %
B. & O.1600 92 Vi 91% 9174
Can. Pacific _2200 194% 193% 193%
Cen. Leather ...1200 36% 86% 36%
C. & 0.3200 51% 60% 50%
C. M. & St. P.400 100% 99% 99 7s
Erie .1400 29% 28% 28%
Gen. Elec.200 148% 148% 148%
Great North, pfd. 1400 125 124% 124%
111. Central .100 113% 113% 113%
Inter.-Met. pfd. ..100 63 63 63
K. C. S.600 28% 28 28%
Lehigh Valley ...2800 138’,* 137% 138
L. & N.138%
Liggett & Myers.212
Lorillard Co.170
M. , K. & T. ■■■■1400 17 % 15% 18%
sales. HiRn- i.ow, nose.
Mo. Pacific_3620 (T~16 % If % 13 %
Mex. Petrol.800 621* 62 62
N. Y. C.2200 90% 90 90%
N. Y„ N. II. &
Hartford.4200 64 63% 63%
N. & IV.105
No. Pacific .1000 112% 111% 112
Pennsylvania ...2000 113 112% 112%
Reading .13400 166 164 164
Rep. I. & S.400 23 22% 22%
do pfd.100 86 86 86
Rock Island Co.. .1100 1% 1% 1%
do pfd.400 274 2% 2%
St. L. & San P.
2nd pfd... * ^4
S. A..L.200 19 19 19
do pfd.500 54% 54% 54%
Sloss-Sheff. S.
&. I.24%
So. Pacific.16200 98% 97 >4 97%
Southern Ry.800 25 21% 24%
do pfd. 1***
Tenn. Copper ...1200 33% 33 33
Texas Co.300 143 1 43 1 43
T. & P.109 14% 14% 14%
Union Paeific ..12500 15674 1557h 156
U. S Steel ...23200 62% 61% 61%
Utah Copper ....4100 68% 57% 5774
Va. Caro. Chem. 28%
Western Union ..4110 50 % 39% 59%
i J.uim sates ior tru* aay
_LOCAL SECURITIES
rvaie. x»iu. ASRou.
Ala. F. St I.~”1 T» B5
Amer. C. Rys., pfd .. 6 64 67
Amer. C. Rys . 30 60
Amer. Tr. & Sav. Bk. 8 170 180
Avondale Mills, com... 8 100 115
Avondale Mills, pfd... 8 100 103
Bessemer C. & I. .. 60
, B'ham T. & S.10 250 276
, B'ham Baseball Asso.. 140 170
7 B'ham Realty Co.4 160 175
Cham, of Com., pfd .... 7 70 80
Com. Bank & T. Co. .. 80 90
Corey Land . 66 76
, East Lake Land . 60 76
_ Elmwood Cem. Co. 4 60 80
Empire Imp., pfd .... 8 106 108
Empire Imp., com. 6 70 86
Enslev Land . 110 125
First Nat l Bank.18 350 260
Great Sou. Life . 9 11
1 Interstate Casualty .. 1 3
Jeff. Co. S. Bank. 8 160 165
Jefferson Fertiliser ... 8 106 120
M. & M. Bank .6 125 186
I North B'ham Land ... 15 22
Protective Life . 10 16
' Realty Tr. Co., com.... 8 100 110
' Realty Tr. Co., pfd ..8 100 110
• Sou. States Fire . 1 8
> Traders Nat. Bank ... 9 150 165
Ala. State ref. 1920... 4 97 100
Ala. State Renew. I960 8 4 SO 90
Ala. State Renew, I960 4 99 101
Ala. State Fair . 0 80 78
Amer, C. Kys. 8 89 92
Ala. Cone.8 78 SO
Bessemer C. & 1.8 102 106
B. R.. L. & P. 8 98 101
B. R., L. A P. 4 4 89 91
B'ham Ice Factory ... 6 100 108
B'ham R. & E.6 100 108
B'ham Waterworks.... 8 102 107
City of Birmingham .. 0 100 104
City of Birmingham .. 4 108 108
Continental Gin . 8 100 108
Jefferson CoXmty . 6 101 104
Jefferson County . 8 106 110
Jefferson County . 44 89 101
Jefferson Ree.tly .8 100 105
Milner Land Co. 8 95 100
Nashville Railway ... 5 100 105
Pratt Consolidated ... 5 80 86
Sloss I. & S. 6 100 102
Sloss I. A S. 4 4 92 95
T. C. 1. gen, mtg. 6 99 101
T. C. I. Tenn. Dlv. 6 101 103
T. C. X. Ship Bldg. ... 8 100 104
T. C. I. B'ham Dlv_ 8 100 102
T. C. X. Cahaba Dlv. ..8 102 104
Woodward Cons.6 100 106
COHON RECOVERS 1
MOST ALL US LOSS
Market Steadies After the
Noon Close at Only 2 to 3
Points Loss
New Orleans, July 8.—After display
ing easiness in the morning sesison and
a fall of 9 to 11 points, the cotton
market steadied up after the noon hour
and recovered nearly all of its loss,
closing at a decline of only 2 to 3
points on the new crop months. Buy
ing late in the day was chiefly for the
account of shorts who wanted their
profits. This demand was met by only
slender offerings. Bulls claimed that
the market was sold out and oversold.
The morning session saw a lower
market on the unsatisfactory June ex
ports of cloths from England and fair
ly favorable weather and crop reports
from the belt. Small exports abroad
served to call attention anew to the
short time talk among Lancashire mills.
A few sections of the belt complained
of the lack of moisture, but these com
plaints stimulated small buying.
New Orleans Cotton Futures
High. Low. Close.
July .12.75 12.74 12.77
August. 12.71 32.66 12.67
October .12.28 12.19 12.27
December .12.29 3 2.20 12.28
January.12.32 12.24 12.31
March.,...12.41 12.33 3 2.40
New Orleans, July 8.—Spot cotton,
steady and unchanged; sales on the
spot, 895 bales; to arrive. 105; good
ordinary. 11 3-36c; strict good ordinary
unchanged; spot, ordinary, nominal,
I l-16s; low middling, 12 9-16c un
changed; strict low middling, 13c; mid
II 9 - 16c; low middling, 12 9-16c un
3 3 3 1-16c; good middling, 14 l-16c;
strict good middling, 3 4V4c; receipts,
1882; stock, 78,468.
DADEVILLE* PEOPLE
PROVE IDEAL HOSTS
Everything in Connection With Bend
Centenary Passes Off With
out a Hitch
Dadevllle, July 8.—(Special.)—Now that
the Horseshoe Bend centenary has passed
into history, and admitted by one and all
to have been excellently managed and
conspicuously successful celebration, the
anniversary commission think it but just
that public mention should be made of the
local citizens who did so much to help
make it so.
A matter of comment by all the visi
tors was the tastefully arranged decora
tions of tl^ public buildings, business
houses and residences in Dadevllle which
was done under the supervision of Mayor
George C. Douville.
The handling of the crowd upon the
highway, and at the battle ground, was
delegated to Sheriff John H. L#inch, who
so disposed his deputies as to supervise
the traffic and police the crowd of six or
eight thousand that not a single accident
occurred to mar the day, or was there
made a single complaint or rowdiness.
For the pleasant entertainment given
them, and many were heard to so express
themselves, the distinguished visitors are
largely indebted to Judge G. J. Sorrell,
chairman of the entertainment committee.
A truly remarkable undertaking was
successfully performed by J. B. Ry
lance, chairman of the local transporta
tion committee, in transporting the hun
dreds detraining here to and from the
battle ground, 12 miles away.
DALE WILL ELECT
SHERIFF IN THE FALL
A. P. White and B. L. Andrews Will
Make Race Over Again in
November
Ozark, July 8.—(Special.)—At a meeting
of the county democratic executive com
mittee Tuesday, the contest entered
against A. P. White by B. L. Andrews,
both candidates In the recent primaries
for the office of sheriff, was settled by
placing hoth names on the ticket and al
lowing them to run it over again in the
fall election.
In the May prlmasy White ran 11 votes
ahead of Andrews and was declared the
nominee, but Andrews contested the de
cision under the administration of the
new committee with the result stated.
J. T. York, who contested the nomina
tion of F. L. Mullins for the commlsslon
ership from the Third district, withdrew
from the contest some weeks since, leav
ing Mullins to make the race alone.
POULTRY AND EGG
BUSINESS IS BRISK
Supplies Adequate to Meet
the Demand—Fish
Prices Down
The poultry and egfn market is no*
especially brisk and frying: chicken*
and hens are arriving: In sreat quan
tities. Largre shipments of eg:gs are al«(
received daily and prices are steady
Butter and creamery products are U
good demand and quotations remaii
stationary. The fish market is heavilj
stocked, while the demand is only me
dium and prices are slightly reduced
Excellent catches are reported alonf
the cost and some of the fteery com
panics are said to be over supplied.
The hide and tallow market is nov
quiet and tanners are said not to b<
interested in the present quality o
hides at prevailing prices.
local Quotations
The Iron Market
IF .
IF . 11.00
IF . 10.60
Gray Forge . 10.00
IS . 11 60
IS .1100
Local Cotton
Strict good middling . 14%
Good middling . 14
Strict middling . 13%
Middling . 13%
Strict low middling . 13
Poultry and Eggs
Hene. per pound, 14%c; fryers, 1%«
1% lbs. average, 22%c; ducks, 15c lb.
guineas, 30c; roosters, 30c; geese, 40c to 45i
each; live turkeys, 20c lb.; dressed tur
keys. 24c; eggs, fresh country receipts
17018c; candled. 19c; extra graded can
died, 20c; candled carton eggs, 24c.
Fruits and Produce
Wine sap apples, box. 33; Gano apples
box $2.60; Missouri Pippin apples, box
$2.75. Lames, per 100, $101.25. Lemons, box
360, $5.50@6; Florida grapefruit, $3&3.5C
California oranges, crate, $3.50. Pineapples
crate. $3. New Irish potatoes, $1.35 bushel
tomatoes, $2.5003 crate; cabbage, 2%
lb; celery, crate, $2.50; squash, crate, $2
bananas, per bunch, $1.5001.75; peanuts
No. 1. 7c lb.; new crop red and yellov
onions, 4c lb.; Imported onions, crate, $2.50
watermelons, Florida, $40046 hundred
cucumbers, per crate, $2; snap beans, $1.5
crate; peaches, $202.50 per crate; black
berries, crate, $3.50. Cantaloupes, $3
corn, 40060c per do*.; okra, slx-baske
crate, $2.60; huckleberries, $2.5003.
Creamery Products
Country butter, 20025c; freeh creamer
butter, 31c; process butter, 26c; chees<
16%e; imported Swiss cheese, 28c; Germa
brick cheese, 18c; llmburger ch^se, 18c
Imported Roquefort, Sec; Neufchats
cheese, per dosen. 46c; Pimento cheees
II.*.
Meat
Lard. 11c; compound, 8%c; dry sal
short ribs. 14.02%c; bellies, 14c; hat
butts, 15.80c; Boston butts, 15.10c; por
loins, 16c; spare ribs, 16c; breakfat
bacon. 26c; regular ham, 19%c; sktnne
ham, 20%c.
Fish and Sea Foods
Red snapper, 808%c; gray snapper o
groupers, 6c; Spanish mackerel, 16c 1
bbl. lots; fresh water breams. 8%c
pompano, 25c; blueflsh, 8c; red bass, 6c
mixed fish, 6%c; small trout, 7%08c; fres
water cat, dressed. 8%c; salt wate
cat, 6%c; speckled trout, 12%®15c. Shrimt
10c; perch, 7c.
Flour and Breadstuffs
Self rising flour, $6.25; Tennessee floui
$4.76; pure wheat shorts, $32; pure whea
bran, $30; C. S. meal, 7% per cent, $30; t
feed meal, per ton, $26; C. S. hulls, $1
ton; No. 1 timothy hay, per ton. *24
mixed alfalfa and Johnson grass, per tor
$22. C. S. hulls, 80 lbs., $11.50 ton; John
son grass, per ton, $16; mixed feed, $34
Hides and Tallow
Green salted hides, 14015c; partly curer
13014c; green, 13@13%c; damaged an
culls, one-half price; dry flint, 27@28c; dr
salted, 26026c; dry culls, 12%c; goat skim
25040c; kids, one-half price; lamb skint
26035c, sheep skins, 25076c; shearlings, 1
086c; green salted horse hides, No. l’s, $3tj
4; green salted horse hides, No. 2's, $:
glues and ponlea. $101.60; No. 1 tallow, 6«
6c; No. 2 tallow, 4c; beeswax, 28000c; wll
ginseng, $608; cultivated ginseng. $30*
golden seal. $3.6004; clear grease woo
16019c; slightly burry, 15©18c; clear tut
washed wool, 30083c; burry, 16®20c.
Montgomery Market
Montgomery, July 8.—(Special.
Spot cotton was quoted here today a
follows: Strict middling, 13 5-16c; mid
dllng, 13c; strict low middling, 12%c
low middling, ll%c.
ONLY I TO 5 POINTS!
NlT LOSS IN COTTON
_ I
Offerings Are Comparative
ly Light During the
Afternoon
New York, July 8.—After making new
| low ground for the movement for to
day's trading, the cotton market recov
ered most of the loss owing to the failure
of detailed weather reports to show any
important precipitation in the southwest.
Demand did not become active or gen
eral, hut offerings were comparatively
light during the afternoon and the mar
ket closed steady at a net loss of only
1 to 5 points.
Easy Liverpool cables, reports of scat
tering showers in Texas and the pessi
mistic view of the cotton goods trade
situation, seemed to be responsible for
ihe early selling movement. The mar
ket opened steady at a decline of 8 points
on old crop and of 3 to 4 points on new
crop positions, with the near months
probably influenced by the sharp break
and comparatively small volume of busi
ness in the English spot market.
Houses with Liverpool connections were
buyers of December and* January con
tracts here during the early trading, but
this was supposed to bo for the purpose
of undoing old straddles rather than for
fresh trade account and after some ir
regularity the market sold about 10 to
16 points net lower, with the more fa
vorable view of probably Texas weather
conditions encouraged by the official fore
cast for partly cloudy or unsettled weath
er in Texas, with showers in the pan
handle.
The failure of later reports to indicate
any important precipitation in the south
west and the high temperatures shown
in the Houston district checked the sell
ing movement, however, and prices ral
lied some 8 to 10 points from the lowest
on covering and scattered buying for a
reaction.
_New York Cotton Futures_
High. Low. Close.
July .12.40 12.80 12.39
August .12.32 12.21 12.32
October .12.17 12.08 12.16
December .12.28 12.18 12.27
January .12.21 12.10 12.20
March. 12.26 12.17 12.2 4
Port Mbvement
New' Orleans: Middling, 13%c; receipts,
1882; sales, 1000; stock., 78,468.
Galveston: Middling. 13t£e; receipts,
2(38; exports, 74; sales, 689; stock, 85,901.
Mobile; Middling, 13V4c; stock, 6970.
Savannah: Middling, !3Tic; receipts, 1222;
exports. 2964; sales, 9; stock, 16,960.
Charleston: Nominal; receipts, 59; stock,
1635.
Wilmington: Stock. 10,715.
Norfolk; Middling, 13Mjc; receipts, 1511
exports, 663; sales, &8; stock, 19,983.
Baltimore: Middling, 13%c; stock, 4348.
Boston: Middling, 13.25c; stock, 8600.
Philadelphia: Middling, 13.60c; stock,
1896.
New York: Middling, 13.26c; exports,
22S7; stock, 111,730.
Minor ports: Stock, 2702.
Total today: Receipts, 7512; exports
: 5888; stock, 348,807.
Total for week: Receipts, 18,019; ex
ports, 21,182.
Total for season: Receipts, 10,355,809; ex
ports, 8,760,730.
Interior Movement
Houston: Middling, 13Vje; receipts, 929
shipments, 1068; stock, 41,815.
Memphis: Middling, 13fyc; receipts, 673
shipments, 532; sales, 100: stock, 20,665.
Augusta: Middling, 14>4c; receipts, 16;
shipments, 311; sales, 48; stock, 13,841.
St. Louis: Middling, 13%c; receipts, 1134;
shipments, 1134; stock, 37,400.
Cincinnati: Receipts, 232; shipments, 44,
stock, 13,546.
Little Rock: Middling, 13*4c; shipments,
126; stock. 13,953.
Total today: Receipts, 2882; shipments,
3809; stock, 121,220.
i Liverpool Cotton Market
Liverpool, July 8.—Cotton, spot, eas
! ler; good middling, 7.87d; middling,
7.35d; low middling, 6.87d: sales, 5000;
speculation and export, 500; receipts,
■ 5100; near months closed easy; distant
months closed firm; July, 7.04d; July
August, 7.04d; Beptember-October, 6.67c!;
December-January, 6.33d; February
March, 6.54^d; April-May, 6.56%d.
Dry Goods Market
New York, July 8.—There was a greatei
quiet in primary dry goods markets to
day, following the announcement yester
day by the receivers for the H. B
Claflin company that a peremptory sab
of merchandise would begin July 33.
Hubbard Bros. & Co.’s Letter
New York, July 8.—(Special.)—Owning
to fears of curtailment In Manchester,
the Liverpool market was sharply lowr
er this morning, particularly the neat
1 positions.
Our market opened low’cr In response
to the cables meeting further south
ern hedge selling and liquidation which
f brought prices almost to the 12-cenl
• level.
i Feeling among the local trade is
; more bearish than for sometime, a *
I they feel that the crop has been stead
, ily improving and that the rain in Ar
kansas last night has gone far to re
lieve the drouth in that state, leaving
only Texas and Oklahoma, both oi
t which had some show'ers.
1 We find a better trade demand ai
c this level on the declines and we arc
t inclined to be of the opinion that the
. market should be bought against for
ward requirements on a further decline
I Of course, general rains In Texas
w’ould to some extent modify this view
but as yet we do not think that state
r has been thoroughly relieved.
' GET ALL THE FACTS
ABOUT THE
BANK YOU
L EXPECT TO
; PATRONIZE.
; WE WEL
: COME RE
; QUESTS
for in
i FORMA
':SS H TI0N AND
: OUROFFI
l CERS GLAD
; SSiSife LY TENDER
! !S:S!S IT TO YOU.
• ui> ■■■niiiui _
I ! i mi iid i Im""'
Jefferson
County
Savings
| Bank
CLOSING PRICES i
ARE HEAVY IN MOT
Government Crop Report
More Adverse to Bulls
Than Expected
Chicago, July 8 —The government crop
report, which came today after trading'in
wheat was at an end, turned out even |
more adverse to the bulls than had been
expected, although belief that it would
be bearish acted as a weight all day.
Closing prices were heavy. %tf%c. last
right. Corn finished %c to %<S7%c net
higher. Oats, %c off to %o up, and pro
visions varying from unchanged figures
to a rise of 12c.
Wheat speculators In generaly were 5,
OOC.OOO bushels too low in their guesses re
garding the government estimate of the
total yield. Uncertainty, however, caused
both side sto play a waiting game. Re
duction in bids from Europe led to some
discouragement on the part of the wheat
owners.
Government figures on the probable
yield of corn were materially under what
had been the general trade estimate,
Bulls, however, ‘were active buyers, in
fluenced partly through the arrival of
Argentine shipments out of condition and
partly through advices of irreparable
damage from drouth and heat in Okla
homa. Shipping demand was improved.
Bears in oats anticipated the tenor of
the government report, but were handi
capped by the strength of corn.
Provisions hardened because of higher
prices for hogs.
Wheat— Open. High. Low. Close.
July .777! 79% 80% 79 % ~ 7?%
Sept. 79 79 Vi 78% 78%
Corn—
July . 68% 69 68% 68 %
Sept. 64% 66% 64% 66
Oats—
July . 86% 37% 36% 37%
Sept. 36% 36% 36% 36%
Pork—
July. 21.87
Sept.20.30 20.40 20.30 20.37
Lard—
July .10.10 10.10 10.07 10.07
Sept.10.20 10.22 10.20 10.20
Ribs—
July. 11.87
Sept.11.80 11.85 11.80 11,83
Kansas City Grain
Kansas City, July 8.—No. 2 wheat, hard,
old, 86c; new, 76®82c; No. 2 red, new, 74
^74%c. Corn, No. 2 mixed, 70c; No. 2
white, 74c. Oats, No. 2 white, 88%ic; No.
2 mixed, 33%<n35c.
St. Louis Grain
St. Louis, July 8.—No. 2 wheat, red.
79^80c; No. 2 hard, 78%/ftD6c. Corn, No. 2,
67%@68c; No. 2 white, 75c. Oats, No. 2,
37%c; No. 2 white, 39c.
New Orleans Rice Market
New Orleans, July 8.—Rough rice nom
inal, with no sales; clean steady. Re
ceipts, rough none; clean, 764; millers,
none. Sales, rough none; clean Japan, 71
at 1 9-16c. Quotations: Rough unchanged;
clean Honduras, 4%®6%c; Japan, 2%®3%c.
Rice polished, $2ti(u'27; bran, |18@19.
Society
(Continued from Page Six)
tiv^s in Montevallo, after visiting Mrs.
Edgar Allen in Graymont.
• • •
Mies Yankee Sibley is spending the
week with Mrs. H. S. Sibley In Tusca
loosa.
* • •
Mrs. C. J. McKenzie is the guest of
Mrs. T. P. Kemp in Wylam.
* * *
Miss Martha Jackson has returned to
Montgomery after visiting Mrs. C. H.
Arnold.
• • •
Mr. Harold Walker and Mr. Erskine
Lambert, who have been visiting in Hart
selle, have returned to Wylam.
• * *
Mr. C. F. Blair of Graymont is visiting
in North Carolina.
• • •
Rev. A. J. Dickinson has returned from
a trip to Norfolk, Baltimore and Wash
ington.
■ • •
Miss Sanita McMillan of San Antonio,
Tex., is expected soon to be the guest of
Mrs. W. H. Clayton.
• • •
Mrs. A. D. Heminway of Pratt City is
visiting relatives in Pensacola.
• * *
Mr. and Mrs. A. G. Overton have re
turned to Ensley from a stay with rela
tives in Middleton, Ga.
• • •
Miss Jess Weissinger, who has been
visiting Miss Gladys Kelley In Chatta
nooga for the past four weeks, has re
turned to her home in Woodlawn.
* * *
Miss Susie Weissinger returned yester
day from a visit to relatives in Mobile.
• • •
Mr. and Mrs. O. V. Downing and little
Lon of Rolla, Mo., are the guests of Mr.
end Mrs. W. E. McCord in Woodlawn*
• m •
Mrs. J. L. Parker and her sister, Miss
Bessie Stiles, left yesterday for a stay
with relatives in Cullman. .
• • •
Mr. and Mrs. John Crump have re
turned from their wedding trip and are at
home with Mr. and Mrs. Fred Chew in
West End.
• • *
Mr. Wallace Johns is expected home to
day from Chicago, where he has been
for the past week.
• • *
Mrs. T. E. Brent and Miss Vera Brpnt
left yesterday for a stay of several weeks
with relatives in Carrollton.
• * •
Mr. Clyde Latta is seriously 11 with
typhoid fever at his home in West End.
GADSDEN ACCEPTS
DRINKING FOUNTAINS
Plans for Beautifying City Considered
by Council—Many Witnesses
in Hill Case
Gadsden, July 8.—(Special.)—Plans for
beautifying Gadsden were considered by
the council last night. The body accept
ed the offer of Col. R. B. Kyle to install
two sanitary drinking fountains of the
nonfreezing, bubbling type. Colonel Kyle
said there should be at least 20 of these
fountains installed. The council, hearing
complaints made by the City Beautiful
club regarding the abuse of the court
house park, ordered better police protec
tion there. The Alabama City, Gadsden
and Attalla Railroad company notified
the city officials that it soon will be
ready to pavo its part of Forest avenue.
It Is believed the car line will not fur
ther oppose the Improvement of Forest
avenue. President 'Poison suggested the
establishment of a hitch yard for the
benefit of farmers.
More than 100 witnesses are being sum
moned to appear in the preliminary hear
ing of Harmon Hill to be held before
Probate Judge L. L. Herzberg Thursday.
It Is reported that some sensational evi
dence may be Introduced, tending to
show that an extensive blind tiger busl
Iness was done in the vicinity of Keener,
where the killing of William Tidwell took
place. The question of self-defense will
enter largely Into the case.
i . :. _ ..: . . _ - .
i—_
Wells Dry as Well as Creeks
and Water Famine Is
Threatened
Opelika, July 8.—(Special.)—The moat
serious probem that has confronted this
city In many years Is the threatened
water famine. Owing to the unorece
dented drouth prevailing here for the
past three months, wells are going dry
and many streams have ceased to flow.
The stream from which comes the city’s
water supply has run very low, and the
water it is furnishing is totalty inade
quate for the needs of the town, and
should it fail to rain copiously within the
next few days Opelika would face a
unique predicament.
The sprinkling of the streets was dis
continued three weeks ago, and now the
city authorities have ordered that all
spraying of lawns and gardens shall stop
forthwith and that no water be used ex
cept for the most urgent needs. The
Renfro ice plant, which was supplied by
the city's water, has been cut off, as have
also the railroads. The water proposition
here is growing distressingly acute and is
indeed a very grave question.
Many persons here are using mineral
waters for drinking purposes and several
are contemplating skipping their supply
for domestic use from the Montgomery
artesian wells. Should the situation not
improve in a short lime this or some
other expedient will become absolutely
necessary.
The most Immediate and eminent dan
ger that menaces the town is that of Are.
In case a serious blaze should originate
the city would be at the mercy of the
flames, and it behooves every one, there
fore. to be over cautious with lire.
What plans, if any, the mayor and
council have formulated to relieve the
present crisis have not been made pub
lic. There are several nearby unfailing
springs from which water could be got
ten by hauling, and this may be resorted
to as a last recourse.
Engagement Announced
Jacksonville, July 8.—(Special.)—Mrs.
Hannah L». Hyatt announces the engage
ment and approaching marriage of Miss
Annie Fleming to Dr. Ross C. Currier.
The wedding will take place sometime In
August.
HOTELS AND SUMMER RESORTS
WHITE HOUSE
Biloxi, Miss.
A homelike hotel overlooking
the Gulf, on Interurhan Elec
tric l.lne. Beautiful ground*;
large, airy room* with or with
out private hath. Cuisine the
best. All outdoor sports. Hates
reasonable. W rite for booklet.
Mrs. Cora \V. White, l*rop.
j HOTEL
LE MARQUIS
12 to It: East aist St.
NEW \ OHlv
A leading family hotel, Just off
5th av., in a quiet neighborhood,
but convenient to theatre* and
leading shops and only a few min- ■
utes from the Pennsylvania and
Now York Central stations.
Catering exclusively to a re- i
l fined patronage, it offers special
i attractions to families and ladles.
All outside, light rooms and a
i superior French cuisine.
European Plan
Single Hoorn*, 91.50.
Suites, 9d tH) I pwnrd.
Special rates between May and
October. Send for booklet and
particulars.
E. II. CHATILLON.
A -- P,
Stafford Springs
Hotel open all year. Hot and cold baths.
Buildings and grounds lighted with gas.
First-class accommodations.
For rates write
Colburn-Morgan Co.(,nr'
vossnritG, MISS
IHome Comforts]
L In Cool Chicago J
fi; Hro the City's tins boulevards, beautiful
Burks and other attractions. Enjoy Lake
lichlffun bathing •>ach. Como to the
l’LAZA—one of the largest high-class hotels,
ltooins with prlvHlo hath and phone,
91.50 to $4.00 per day: weekly $0.00
and up; suites weekly 9 I 5.00 and up.
600 rooms. Near the lake. Faces city’s most
beautiful park, famous for its I a goons, tennis
courts. Horticultural displays ami wonderful
Zoological garden. Excellent cafe, reason
able prices. 12 minutes to theatre and shop
| Cool Comfort at Charlevoix s
s Golfing and Tennis—Motoring and Horseback
I Riding—Boating and Yachting—Fishing
The leading hotels at Charlevoix, Michigan are— fi
"The Inn” (A. I. Creamer) Hotel Belvedere (/?. P..Foley) I
Write them for information desired. Send for booklet*.
= GO IN COMFORT via £
IThe “Resort Special” |
Pere Marquette Railroad |
5 hours to Grand Rapids i
— Leave Chicago at 6:30 p. m. Daily except Sunday. Standard, •
j compartment and drawing room Sleeping Cars and Dining Car equip- I
I” ment, and a sumptuous Club Car that leaves nothing to be desired. S
Other convenient trains leave at 8:00 a. m, every week day and p
11:50 p. m. daily to Traverse City, and daily except Saturday to I
points north of Traverse City. Trains arrive at and depart from If
Grand Central Station, Fifth Avenue and Harrison Street, Chicago, p
— Write for beautiful 40 page booklet completely describing Charlevoix. Sent free, a
I For ticket* and Pullman reservations, or information, write or wire H. J. If
^^Gray, General Western Passenger Agent, 226 South Clark Street, Ch Ica^o^j;
Rraort*—Atlantic City, N. J.
THE ST. CHARLES
Most Select Location Fronting the B each
ATLANTIC CITY, N. J.
.With ai^ established reputation for Its exclusiveness and h'tgh-class
patronage. Thoroughly modern and completely equipped, Courteous
service. Bathrooms, with hot and cold, fresh and sea wat'ir attach
ment, etc. Magnificent sun parlors and porches overlooking Uhe Board
wall: and ocean. Orchestra of soloists. Always open. 'Salt privi
leges. Illustrated booklet )
JMKWLIN H A I Ml : 5 CO.
' r~T7^ T7 T