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

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

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

                
MAKE LOW RECORDS’
i,FORC.&UNDN.H.
jIMany Sales of Minor Inter
national Railway Stocks
for Future Delivery
New York, July 10.—Investment issues
today began to show the cumulative effect
of continued heavy selling of Gould is
sues, New Haven and Chesapeake and
Ohio, and other low priced securities.
These and other stocks and bonds estab
lished new low records. The declines in
New Haven and Chesapeake were espe
‘ daily noteworthy because they savored
Strongly of liquidation.
Another unusual feature was the record
ing of many sales of minor international
railway stocks for future delivery. The
fact that these sales were made “flat,” or
without Interest pending actual delivery,
indicated that foreign holders were press
ing the sale of American securities. Much
of this class of trading was traced to
Amsterdam, but London, Berlin and Paris
also sold, altogether to the extent of
about 25,000 shares.
London’s own markets were heavy, on
revival of Ulster troubles, with money
and discount rates higher.
The local market was weakest In the
final hour, when selling oi! the market
leaders at concession* overshadowed pre
vious dealings in the unimportant 'stocks.
The speculative favorites fell 1 to 3 points
on fairly large trading, with little or no
recovery. The character of the general
market may be guaged from a 20 point
decline in t he bonds of Chicago and East
ern Illinois railroad, whose affairs are
Involved in the St. Louis and San Fran
cisco receivership.
Another heavy cash loss by local banks
Is looked for tomorrow with further en
croachment on reserves.
Total bond sales, par value, $1,423,000.
United States government bonds were un
changed on call.
4 * __
Bonds
XT. S. 2*. registered . 96%
IT. S. 2s, coupon . 97
■XT. S. 3s, registered . 101
> XT. B. 3s, coupon . 101
U. B. 4s, registered . 109%
XT. S. 4s, coupon . 110
Central of Georgle 6s . 104
Illinois Central ref. 4s. 92%
Louisville & Nashville on. 4s.... 95%
Beaboard Air Line adj. 6s . 77%
Southern Railway Bs . 104%
Southern Railway gen. 4a. 73
Money on Call
New York, July 10.—Prime mercan
tile paper closed 3% @4%; sterling eas
ier; 60 days, $4.85.50; demand, $4.87.50;
commercial paper, $4.8504.85% for
bills; bar silver, 55%c; Mexican pesos,
44c; government bonds steady; rail
j road bonds easier; money on call
steady, 2%@2% per cent; ruling rate,
2% per cent; closing bid, 2% @2% per
cent; time loans, steady; 60 days, 2%
per cent; 90 days, 2% per cent; six
tnonths, 3%@4 per cent.
Metal Market
New York, July 10.—Lead dull, $3.83
©3,95; London, £19 10s; spelter quiet,
$4.9506.06; London, £21 10s; copper
quiet, electrolytic, $13,75013.87; lake
nominal; castings, $13,62; tin steady;
spot. $82.25032.45; September, $32.40©
32.80; Iron quiet and unchanged; Lon
don copper easy; spot. £61 5s; futures,
£61 IDs; tin easy; spot, £146 10s; fu
lures, £148; iron, Cleveland warrants,
Bis 4%d.
t London Stocks
Loudon, July 10.—Consols for money,
75%. Bar silver easy, 15%d. Money, i%®
1%. Discount rates; Short bills, 2; three
months, 2%.
Coffee Market
New York, July 10.—Lower European
cables and slightly easier cost and freight
offers combined with a decline In the rate
of Brazilian exchange today encouraged
bearish sentiment In the local coffee mar
ket, and after opening quiet at a decline
of 4 points active months sold about 6 to
12 points net lower under liquidation or
trade selling. Partial rallies followed on
covering, with the close at a net loss ol
2 to 7 points. Bales, 18,000. July, 8.33c; Au
gust, 8.41c; .September, 8.51c; October, S.61c;
December, 8.80c; January, S.83c; March,
, 8.93c; May. 8.97c.
1 Spot easy: Rio No. 7, 8%c; Santos, No.
I 4. 11%c. Mild coffee dull; Cordova, 12%®
L 16c nominal.
M Havre. %@% franc lower; Hamburg urn
f changed to 1 pfg. lower. Brazilian re
ceipts, 38.000; Jundlaliy, 21,000. Today'e
Santos cables reported 4s unchanged; Sac
Paulo receipts, 21,000. Santos futures, 2E
to 150 reis higher.
Live Stock
Chicago, July 10.—Hogs: Receipts, 12,
000; steady; bulk of sales, $8.5008.80; light,
$8.4608.85; mlxel, $8.3508.85; heavy, $8,200
8.86; rough. $8,200.35; pigs, $7.6508.66.
Cattle: Receipts, 2500; steady; beeves,
S..CO09.75; steers, $6.4008.30; Stockers, $5.TE
4/S: cows and heifers, $3.7509; calves, $7.5(
@10.85.
Sheep: Receipts, 12.000; steady; sheep,
$5.3506.26; yearlings, $607.50; lambs. $6.6t
( 09.35.
Kansas City, July 30.—Hogs: Receipts,
1600; higher; bulk of sales, $8.5508.75;
heavy, $8.7008.75; packers and butchers,
$8.5508.70; pigs, $808.35.
Cattle: Receipts. 1000; steady; prime fed
steers, $9.2609.75; dressed beef steers, $80
t.15; southern steers, $5.75418.50; cows,
$4.2507.50; heifer.-, $6.500.9.40; Stockers,
$608.
Sheep: Receipts, 5000; steady; lambs,
$8.6009; yearlings. $6.2507; wethers, $4,750
6, ewes, $4.2506; Stockers, $3.6007.
St. Louis, July 10.—Hogs: Receipts. 4200;
higher; pigs and lights. $7.2808.90; mixed
and butchers, $8.7508.90; good heavy, $8.8<
08.90.
Cal tie: Receipts, 1300; strong; native
beef steers, $7.13009.76: cows and heifers,
► $509; stcckers, $507.50; Texas and Indian
steers, $5 7608.40; cows and helfera, $4,500
6.66; native calves, $6070.50.
Sheep: Receipts, 5000; steady; muttons
$1.7506; lambs. $809.25.
Cotton Seed Oil
New Tork, July 10.—Cotton seed oil
was a shade higher, the result of light
offerings and covering of shorts and
local buying on the firmness In kin
dred markets. Final prices were 1 to 4
points net higher; sales, 6800 barrels.
Spot cotton seed, $7.200 7.30: closed
steudy; July, 7.230 7.26c: August, 7.31
®7.32c; September, 7.3807.37c; Octo
. her, 7.17@7.20c; November, 6.80®6.82c;
i December, 6.7206.75c; January, g.70@
' 6.74c; February, 6.7106.76c; total sales
6800.
Boston Wool Market
Boston, July 10.—The wool market
was hardly as active during the week
ns It was a week ago. A fair volume
of trade has been accomplished but tho
market has not been snappy. Strength
shown at London has given a renewed
sense of security to holders of do
mestic wools In this market. The trade
Is chiefly concerned about the pros
pects for lightweight goods.
Missouri: Three-eights bloods, 27 0
27%c; quarter bloods, 26@26%c. Ken
tucky and similar: Half blood un
washed, 2C@27c; three-eighths blood
unwashed, 27 028c.
Scoured basis: Texas fine, 12 months,
•>
Hubbard Bros. & Co.
► f*,0J.SSer2‘N‘.-’wH^"cJ?t0or-E?:
change. New Orleans Cotton Exchange,
New York Produce Exohangs. Asso
ciate Members Liverpool Cotton Asso
ciation Orders solicited tor tho pur
shsse and sale of Cotton and Cotton
goad Oil for futon delivery. Spools!
attention and llbaral terms given for
consignments of spot cotton for 4t*
Mvery. Corrospondonso Invltod.
THE CLOSING STOCK LIST 1
sates, itign. low. liusc.
Amal. Cop.13*00 70% 69 % 69%
Amer. Agrl. .... 100 54% 6474 64%
Amer. Can .1600 2S % 27 % 27%
Amer. C. & F. .. .1700 52% 51% 51",
Amer. Cities pfd. 100 62 % 62% 62%
Amer. Cot. Oil . . 200 39 39 39
Amer. Smelt. ...2700 66% 65% 65%
Amer. Snuff. .163
Amer. Sugar ... 100 106% 106% 166%
Amer. T. & T. ..1100 120% 120 120%
Amer. Tobacco. ..2IS
Atchison.1300 99 98% 98 74
Atlantic C. L, ... 100 120>4 120% 120',
Balt. * Ohio_3100 91% 90% 90%
(’an. Pacific_10700 191 % 18994 189%
Cent. Leather ... 300 35% 35% 36 74
Ches. & Ohio ..17900 47% 4574 46%
Chi., Mil. &
St. Paul .1900 9974 98% 98%
Erie .2900 28% 28% 28%
Gen. Elect. 100 149 149 149
Gt. Nor. pfd _ 400 12274 12294 12294
Illinois Cent_ 500 113% 112% 112%
Interb.-Met pfd..1900 6394 63 63%
K. C. Sou. 400 28 27% 28
Lehigh Val.3700 137 94 136% 137'4
Louis. & Nash. .. 100 .138
Liggett & Myers.121
Lorlllard Co. ..170
Mo., K. & T.1200 16 15 74 IB94
uniroi 111*11. uun . v>»vo' -
STj. Partite .. .7739600 11% 9% 19 ~
Mex. Petrol. 300 61% 61% 61%
N. Y. Central ...2800 90% 89 89%
N.*Y., N. H. A
Hartford ....'.17700 61 % 58% 59%
Nor. * West. ... 400 105 104% 105
Nor. Pacific .3100 111 110% 110%
Penn.1600 112% 112 1.12%
eadillB .17700 164% 163% 163%
Rep. I. & S. SOO 22% 22% 22%
do pfd ... 84
Rock I. Co... 1 %
do pfd ... 2%
St. I.. & San F.
2d pfd . 100 4% 4% 4%
Seaboard A, I4. .. 700 18% 18 18%
do pfd . 200 54% 53% 53%
Sloss-Sbeff. S.
& Iron ... 24
Sou. Pacific_12800 97% 96% 97%
Sou. Railway ... 800 24 % 24 24
do pfd.. 100 79% 79% 79%
Tenn. Cop.4000 33 32% 83
Texas Co. 300 142% 141% 141%
Tex. & Pacific ... 800 14% 14% 141,
Union Pacific ..13100 155% 154% 155%
U S. Steel .3*1600 61 % 60% 61%
do pfd . 100 109% 109% 109%
Utah Cop.1800 57% 67% 57%
V.-C. Ghent. 400 29 28% 28%
West. Union ... 3700 59% 59% 59%
_LOCAL SECURITIES_
Rate. Bid. Asked.
Ala. F. A I.« 49 66
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.10 260 275
B’ham Baseball Asso.. 140 170
B’ham Realty Co.4 160 176
Cham, of Com., pfd .... 7 70 80
Com. Bank & T. Co. .. 80 80
Corey Land . 86 75
East Lake Land ...... 60 75
Elmwood Cem. Co. 4 60 80
Empire Imp., pfd .... 8 105 108
Empire Imp., com. .... 9 70 86
Ensley Land . 110 126
First Nat’l Bank.12 260 260
Qreat Sou. Life . 9 11
Interstate Casualty .. 1 3
Jeff. Co. S. Bank.8 160 166
Jefferson Fertiliser ... 8 106 120
M. & M. Bank 126 186
North B’ham Land ... 16 22
Protective Life . 10 16
Realty Tr. Co., com... 8 100 110
Realty Tr. Co., pfd ..8 100 110
Sou. States Fire . 1 3
Traders Nat. Bank ... 9 150 165
Kate. Kid. ASKM.
AlaTstate ref. 192077“4~~i97- 100 ~
Ala. State Renew, 1956 364 80 90
Ala. State Renew, 1966 4 99 101
Ala. State Fair . 6 80 76
Amer. C. Rye. 6 89 92
Ala. Cone. 6 75 60
Bessemer C. & 1.6 102 105
B. R., B. & P. 6 98 101
B. R., L. & P. 4 64 8» 91
B'ham Ice Factory ... 6 100 106
B'ham R. & E.5 100 108
B'ham Waterworks..., 8 103 107
City of Birmingham .. 0 100 104
City of Birmingham .. 6 106 108
Continental Qln . 5 100 106
Jefferson County . 6 101 104
Jefferson County .8 106 110
Jefferson County . 4 64 89 101
Jefferson Reatly .8 100 105
Milner Band Co.I 95 100
Nashville Railway ... 6 100 105
Pratt Consolidated ... 5 80 85
Sloss I. & S. 6 100 102
Sloss I. & 8. 4 64 92 95
T. C. I. gen, mtg. 5 99 101
T. C. I. Tenn. Dlv. 5 101 108
T. C. I. Ship Bldg. ... 6 100 104
T. C. I. B’ham Dlv_6 100 102
T. C. I. Cahaba Dlv. ..6 102 104
Woodward Cons.6 100 106
COHON CLOSES AT
5 TO 10 MTS GAIN
Short Covering Main Sus
taining Influence in the
Cotton Market
New Orleans, July 10.—Short covering
was the main sustaining Influence In the
cotton market today. It was stimulated
by drouthy conditions in Texas and was
met only by slender offerings. Bulls
called the market oversold. At the best
of the day the more active months were
10 to 11 points over the final figures
of yesterday. The close was at a net
gain of 6 to 10 points.
In the morning the market went to
a net decline of 7 to 8 points on selling,
based on poor cables and reports of rains
In Texas. These reports proved not to
be well founded and sellers of the morn
ing turned buyers In the afternoon. Not,
only did the map indicate dry weather
in Texas, which detailed reports cor
roborated, but the forecast promised eoiy
tlnued dry wekther. It was a weather
market with the main features rather
against aggressive trading on the short
side.
The week-end figures were bearish hut
they had no Influence on the market.
New Orleans Cotton Futures
High. .Dow. Close.
July .. 12770 12769 12777
August .*. 12.60 12.54 12.68
October .T2.34 12.16 12.33
December . 12.37 12.18 12.35
Janaury. 12.41 12.24 12.89
March . 12.61 12.34 12.50
New Orleans, July 10.—Spot cotton quiet
and unchanged. Sales on the spot, 710
bales; to arrive, none. Good ordinary,
11 3-lBc; strict good ordinary, 11 U-16c;
low middling, 12 9-16c; strict low mid
dling, 13c; middling, 13 5-16c; strict mid
dling, 13 ll-16c; good middling, 14 l-16c;
strict good middling, 14V*c; receipts, 96;
stock, 70,009.
Hester's Weekly Cotton Statement
Comparisons are to actual dates, not to
close of coresponding weeks: In sight for
week. 32,000; same seven days last year,
27,000; same seven days year before, 25,000;
for the month, 43,000; same date last year,
39.000; same date year before, 41,000; for
the season, 14,347,000; same date last year,
13,637,000; same date year before, 15,614,000.
Port receipts for season. 10,359,000: same
date last year 9,833.000; same date year
before last, 11,896,000. Overland to mills
and Canada for season, 1,146,000; same
date last year, 1,078.000; same date year
before, 1,248,000. Southern mill takings for
season, 2,782,000; same date last year, 2,
634,000; same date year before. 2,420,000.
Interior stocks In excess of September 1,
60,000; last year, 91,000; year before, 49,000.
Foreign exports for week, 23,000; same
seven days last year, 26,0000; for season,
8,762,000; same date last year, 8,368,000.
Northern spinners* takings and Canada
for week, 8000; same seven days last year,
15,000; for season, 2,493,000;# to same date
last year, 2,532,000.
Selma Market
Selma. July 10.—(Special.)—Spot cotton
was quoted in the Selma market today as
follows: Good middling, 13*4c. Strict mid
dling, 13^c. Middling, 13*4c. Strict low
middling, 12%c. Low middling, 12*4c.
TO PUBLISH MONTHLY
Birmingham Athletic Club Organ Will
Be “The Bulletin"
Officials of the Birmingham Athletic
club yesterday morning definitely decid
ed upon the Issuance of a regular club
monthlj-. Ffcr sometime the publishing
of a club monthly has been under con
sideration, but It was not until yesterday
that arrangements were completed.
The new paper will be known as "The
Birmingham Athletic Club Bulletin,” and
Is to be Issued monthly. The first copy
of the booklet comes off the press about
August 10, and will consist of 16 pages.
Although the bulletin Is mainly for the
purpose of recording club news ample
space will be allowed for other topics
of Interest.
The magazine will be In sole charge
of the publicity committee of the Athletic
club. The editorial staff will be com
posed of Dan Rubin, editor; Petersen
Marzonl, associate editor, and Asa Roun
tree, Jr., associate editor. Henry P. Beau
mont will be advertising manager.
60@62c; fine, six to eight months, 55®
57; fine fall, 48®50c.
Naval Stores
Savannah, July 10.—Turpentine firm,
46V6c; sales, 605; receipts, 110; ship
ments, 320; stocks, 22,856. Rosin firm;
sales, 2448; receipts,3737: shipments,
1021; stocks, 121,353. Quote; A, B, $3.75;
C, D, BJtF, G. H. $3.80; I, $8.85; K, $4.40;
WG, $5.80; WW. $6.00.
SUPPLIES SHORT
ON MORRIS AVENUE
Fruit and Vegetables Are
Scarce—Trade Heavier
Than Anticipated
The wholesale produce houses on Morris
avenue have run short on many lines of
fruits and vegetables, supplies proving
inadequate to meet the week-end trade.
Many varieties of vegetables have suf
fered from the drouth, and the jobbers
were thus unable to supply the demand.
Canteloupes and watermelons have been
plentiful this season, and the dealers
have been well supplied all this week, but
the week-end trade has been such as to
"clean up" the melon supply In this in
stance. The melon shortage is regarded
as Only temporary, however, and the
market will probably be abundantly sup
plied Monday.
Poultry and eggs are plentiful, and
the demand is heavy.
LOCAL QUOTATIONS
Hie Iron Market
IF .*11.M
IF . 11.00
IF . 10.50
Gray Forge . 10.00
18 . 11.50
IS . 11.00 ,
Local Cotton
Strict good middling . 14%
Good middling . 14
Strict middling . 13%
Middling . 13%
Strict low middling . 13
Poultry and Effg
Hen*, per pound, 1444c, fryers, 3%0
1% 11)8 average, 2244c; ducks, 15c lb.;
guineas. 30c; roosters, 30c; geese, 40c to 45o
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.
Fruita and Produce
Wine sap apples, box, 53; Gano apples,
box 12.50; Missouri Pippin apples, box.
52.75. Limes, per 100, *101.26. Lemons, box,
360, $6.50®6; Florida grapefruit, *303.60.
California oranges, crate, $3.50. Pineapples,
crate, 13. New Irish potatoes, $1.35 bushel;
tomatoes, 62.5003 crate; cabbage, 2%c
lb; celery, crate, 62.60; squash, crate, 52;
bananas, per bunch, 61.6001.76; peanuts,
No. 1, 7c lb.; new crop red and yellow
onions, 4c lb.; Imported onions, crate, 52.50;
watermelons, Florida, 640® 46 hundred;
cucumbers, per crate, 62; snap beans, Jl.50
crate; peaches, 6202.50 per crate; black
berries, crate, 63.60. Cantaloupes, $3;
corn, 40060c per doz.; okra, six-basket
crate, $2.50; huckleberries, 12.5003.
Creamery Products
Country butter, 20025c; fresh creamery
butter, 31c; process butter, 25c; cheese,
16%c; imported Swiss cheese, 28c; German
brick cheese, 18c; llmburger cheese, 18c;
Imported Roquefort, 15c; Neufcbatel
cheese, per dosen, 46c; Pimento cheese,
11.36.
Meat
Lard, lie; compound, 8%c; dry salt
short ribs, ]4.0244c; bellies, 14c; ham
butts, 16.60c; Boston butts, 36.10c; pork
loins, 16c; spare ribs, 16c; breakfast
bacon, 25c; regular ham, 1944c; skinned
ham, 2044c.
Fiah and Sea Food*
Red snapper, 80«44c; gray snapper or
groupers, 5c; Spanish mackerel, 15c in
bbl. lots; fresh water breams, 844c;
pompano, 26c; blueflsh, 8c; red bass, 6c;
mixed fish, 644c; small trout, 74408c; fresh
water cat, dressed, 844c; salt water
cat, 644c; speckled trout, 1244015c. Shrimp,
10c; perch, 7c.
Flour and Breadatuffg
Self rising flour, $6.26; Tennessee flour,
$4.76; pure wheat shorts, $32; pure wbeat
bran, 630; C. S. meal, 744 Per cent, $30; C.
feed meal, per ton, 526; C. S. hulls, $19
ton; No. 1 timothy hay, per ton, *24;
mixed alfalfa and Johnson grass, per ton,
622. C. S. hulls, 80 lbs., *11.60 ton; John
son grass, per ton, $16; mixed feed, $34;
oats, 56c bu.; corn, 96c; cornmeal, $1.90 per
96 ibs. New crop alfalfa, 322.
Hides and Tallow
Green salted hides, I4@15c; partly cured,
18014c; green, 1301344c; damaged and
culls one-half price; dry flint, 27028c; dry
salted, 26026c; dry culls, 1244c; goat skins,
26040c; kids, one-half price; lamb skins,
26035c, sheep skins, 26®>76c; shearlings, 16
026c; green salted horse hides, No. l’s, 13®
4; green salted horse hides, No. 2's, 62;
glues and ponlea $101.60; No. 1 tallow, 5®
Sc; No. 2 tallow, 4c; beeswax, 2S@30c; wild
ginseng, $608; cultivated ginseng, *306;
golden seal. *3.6004; clear grease wool,
16019c; slightly burry. 16018c; clear tub
washed Wool. 80033c; burry, 16020c.
Montgomery Market
Montgomery, July 10.—(Special.)—Spot
cotton was quoted here today aB follows:
Strict middling, 13 6-16c; middling, 13c;
itrlct low middling, 12^c; low middling,
i
August and October Con
tracts Lower—Colse at
an Adavnce
New York. July 10.—After an opening
decline which carried August and Oc
tober contracts into new low ground for
the -tnovement, the cotton market today
closed very steady at a net advance of 2
to 12 points.
Private reports indicaitng further scat
tering showers in the southwest caused
some selling ini Liverpool before the local
opening and the market here started at a
decline of 1 to 8 points in response to
cables. Offerings, however, were much
less active and general than earlier in
the week, leading to claims that the mar
ket had been pretty well liquidated.
Prices soon turned steadier on covering
local bull support, and talk of an im
proving trade demand around the 12 cent
level.
The western belt forecast for generally
fair weather, probably promoted the ad
vance. while the detailed weather report
for the Houston district did not indi
cate that the precipitation had been at
all general. The buying was not ag
gressive, but recent sellers seemed in
clined to take profits for over the week
end.
Seme realizing was encountered as the
market worked upward, owing to profit
taking by early buyers, but was read
ily absorbed closing prices were within
point of 2 of the best.
December contracts to the advance, sell
ing 21 points above the low level of
Wednesday and there seemed to bo con
tinued selling of October against pur
chases of later months. Liverpool and
New Orleans houses were both buyers
of new crop months here on the early
decline and spot house brokers bought
December on the afternoon. Advance
week-end arguments were about as ex
pected.
_New York Cotton Futures
High. Low. Close.
July . 12.28 12.25 12.31
August . 12.28 12.16 12.27
October . 12.21 12.06 12.20
December . 12.30 12.20 12.36
March . 12.37
Port Movement
New Orleans: Middling, 13 5-16c; receipts,
96; exports, 1375; sales, 710; stock, 70,009.
Galveston: Middling, 13%c; receipts, 1639;
exports, 50; sales, 350; stock, 87,211.
Mobile: Middling, lS^c; stock, 6970.
HEAVINESS IN WHEAT
MOST OF THE DAV
Black Rust Fear Figures
Largely—Close l-2c to
3-4c Under
Chicago, July 10.—Skepticism 1n regard
to chances of widespread damage by black
rust today brought about a lowering of
values in wheat. The market, although
steady at the close, was %c to %1f%c un
der last night. Corn finished %$f%c off
to %c up. Oats, higher, and pro
visions unchanged to a rise of 2c.
There was decided heaviness in wheat
most of the day. Selling was much in
fluenced by seemingly excellent assur
ance that, unless the black rust spread
rapidly within the next 10 days, the spring
crop would be out of danger.
Corn was a typical weather market.
Considerable weakness was shown finally
a8 a result of dispatches telling of rains
in Texas and Oklahoma. Brisk cash de
mand lifted the price of oats. Shorts
covered freely. Provisions ruled firm, ow
ing to the scantiness of hog receipts and
high prices for feed.
Future quotations were as follows:
Wheat— Open. High. Low. Close.
J uly ~ .7.. 79% 7»H~ 78 Ms" 78%
Sept. 78% 79% 78 7&%
Corn—•
July. 69 69% 68 % 69%
Sept. 66% 67% 66% 67%
Oats—
July. 37% 38% 37% 38%
Sept. 36 36% 86% 35%
Pork—
July . 22.60 22.75 22.60 22.70
Sept.20.76 20.76 20.60 20.62
Lard—
July .10.15 . 10.12
Sept.10.27 10.30 10.26 10.25
Hi bs—
July .12.00 12.00 1195 11.95
Sept.11.95 11.95 11.90 11.90
Kansas City Grain
Kansas City, July 10.—Wheat: No. 2
hard, 70@82c; No. 2 red, 76c. Corn: No.
2 mixed, 68 %c; No. 2 white, 77c. Oats: No.
2 white, 4O?i'40%c; No. 2 mixed, 36<®B7c.
St. Louis Grain
St. Louis, July 10.—Wheat: No. 2 red,
78®79%o; No. 2 hard, 79#96c. Corn: No.
2, 70%e; No. 2 white, 77%c. Oats: No. 2,
38%c; No. 2 white, 40c.
New' Orleans Rice Market
New Orleans, July 10.—Clean rice
steady; rough nominal. Receipts:
Hough none; clean, 440; millers, none.
Sales: Rough none; clean Honduras,
IONES MS HE |
Declares Statement of Mont
gomery Revenue Board
Given Publicity
Montgomery, July 10.—(Special.)—R. H.
Jones, president of the Montgomery coun
ty board of revenue, today issued n reply
to a statement of Examiner of Public Ac
counts J. T. Gorman to the effect that
the board had failed o comply with the
law in not publishing cemt-annual state
mints of receipts ani disbursements. Mr.
Jones maintained that the law does not
say that the publication must be made in
a newspaper, ar.d that the board has been
posting statements on bulletin boards,
thus saving the county $600 per year.
*if the examiner means to charge that
the duty was imposed by statute to pub
lish in a newspaper he has a mistaken
conception of the law," said ^President
Jones.
“If he means to charge that publication
has not been mado >y posting at the
cci rthouse he is mistaken in his facts."
Belfast, Ireland, July 10.—The pro
visional government formed by the lister
unionists at its first meeting today gave
Sir Edward Carson a free hand to take
whatever action he may think necessary
as to calling the Ulster volunteers to
arms. The men were declared ready for
concentration at a notice of a moment.
Sid Edward Carson, in an address, said
the time had come for the loyalists of
lister to translate their words into ac
tion. He said something must be done
to compel the British government to make
up Its mind.
Ulster, he concluded, was anxious for
peace, but was not going to accept peace
with surrender attached.
Sir Cecil MacReady, major general, who
Is In command of the military In the
Belfast district, has been in conference
with Premier Asquith regarding tho sit
uation, and the police have been Instructed
to act with great rare, so as to give no
ext use for an outbreak.
Adopt Minimum Wage Scale
Olympia, Wash., July 10.—The stats
minimum wags commission adopted last
night a rate of $9 a week as the minimum
for telephone girls throughout the state
pxcept In small exchanges. This is the
Pour minimum wage adopted by the com
mission, the others being $10 a week for
mercantile workers, $R.9ft for factory
Ycikers, and $9 for laundry and dye
workers.
HOTELS AND SUMMER RESORTS
John Drew, The Premier of Can
tda, Gertrude Atherton, Rex
Beach, Irvin S. Cobb, Alfred
Noyes, De Wolf Hopper, The
Bishop of Washington, the
Bishop of Kansas, Ethe! Barry
more, Lady Gregory, Winchell
Smith, Admiral Marlx, Octave
Thanet, Mrs- T. P. O'Connor,
Adamowski, Douglas Fairbanks,
William Farnum, Commander
Eva Booth, Lisa Lehman, Dr.
Lyman Abbott, Penrhyn Stan
laws, are but a few of the ex
perienced travellers whose per
manent New York home is
HOTEL ALGONQUIN
59 65 West 44th St., N. Y.
FRANK CASE
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. <Inc‘’
vossm r<;. miss
Rcsorta— Atlantic City, N. A
CWaniic City
tHotel^Bu^loaaiui&uuto
Cti* -open tkou^out tfietjeax
y.T{).eK«nXtf A-<§oa
exports, 173; stock, 14,366.
Charleston: Nominal; receipts, 37; stock,
1672.
Wilmington: Stock, 10,719.
Norfolk: Middling. 13^c; receipts, 202;
exports, 230; sales. 113; stock, 19.697.
Baltimore: Middling, 13?ic; receipts, 50;
exports, 940; stock, 345S.
Boston: Middling, 13.25c; receipts, 9;
stock, 7361.
Philadelphia: Middling, 13.60c; stock,
2007.
New York: Middling, 13.25c; exports, 1194;
stock, 112,318.
Minor Ports: Receipts, 1764; stock, 2702.
Total today: Receipts, 4023; exports,
672G; stock, 338.489.
Total for week: Receipts, 24,677; exports,
40,540.
Total for senson: Receipts, 10,368,926; ex
ports, •8,572,443.
•Corrected.
Interior Movement
Houston: Middling, 13 6-lGc; receipts,
360; shipments, 1483; 'ales, 73; stock, 39.406.
Memphis: Middling, 1364c; receipts, 262;
shipments, 723: stock, 20,348.
Augusta: Middling, H^c; receipts, 9:
shipments, 13; sales, 16; stock, 14,060.
St. Louis: Middling, 13%c; receipts, 644;
shipments, 806; stock, 36,746.
Cincinnati: Receipts, 311; shipments, 150;
stock 14,011.
Little Rock: Middling. 13V4c; receipts,
75t shipments, 926; stock, 12,672.
Total today: Receipts, 1741; shipments,
4099; stock, 117,232.
Weekly Cotton Review
New* York, July 10.—Selling has not been
so heavy and aggressive as it was right
after the publication of the July bureau,
but the cotton market has been unset
tled during the past week and prices have
made new low ground for the movement
with October contracts selling $5 per bale
under the high records of June 1. The
decline has been accompanied by more
or less beurish talk In local circles, and
predictions of still lower prices have evi
dently been encouraged by unfavorable
trade advices, good weather over the
greater part of the belt, and an Impres
sion that the crop has continued to im
prove since the government secured the
data for the last condition report.
The smaller exports of cotton goods for
June as shown by British hoard of trade
returns and the talk of curtailment
among domestic mills, leading to predic
tions of a falling off In supply and dis
tribution figures for the past month, have
figured in bearish predictions, but there
has been some uneasiness as to the crop
outlook in Texas, where very little rain
has fallen since the middle of June. Scat
tering show’ers have been reported In that
section during the past two or three days
but they have not. been sufficiently heavy
or general entirely to relieve apprehen
sion, w’hile some traders have taken the
short time recommendations of the gov
erning committee of the International
Spinners’ Federation as indicating a slack
immediate demand.
Spinners* Takings
Statement of spinners' takings of Amer
ican cotton throughout the world: This
wpek, 145,000; same seven days last year,
150,000; same seven days year before, 204,
noo; total since September 1, 13,376.000;
same date last year, 13,247,0000; same date
year before, 14,391,000.
World’s Visible Supply
Statement of world’s visible supply:
Total visible this week, 3.690,000; last
week, 3,846,000; same date last year, 3,
095,000; same date year before. 2,977,000.
Of this total American this week, 2,
BEGIN SAVING NOW
FOR YOUR
CHRIST MAS
SPECIAL DE
MANDS. START
AN ACCOUNT
IN OUR SAV
INGS DEPART
MENT.
4%
Compounded
Quarterly
BANK OPEN
SATURDAY
EVENINGS S TO
8 O'CLOCK.
Jefferson
County
Savings
Bank <
_ J i
---wmmmmmmmmmtF t
>00 ML > h iy i' K ' , • > .1 (lit 1 l 0-0 itL - a 0 7l C,
^notations: Rough, nominal; clean
Honduras. 4>i.@6V.c. Japan, 2l'.(B)34c;
rice, Polish, per ton, $26027; bran, $18
B 19.
POSTAL MEET TODAY
Exhibition Double Header
to Be Staged in After
noon at Rickwood
Thte lpadership In the northern division
3f the City league will be determined for
a. time at least this afternoon when the
Pcstal and Southern Bell teams meet In
a special exhibition double header at
Rickwood Field
The Postal team Is lending the northern
division with a perfect record, while the
telephone boys are close behind, being
mly one gamo short. Should ihe Postal
itggregatfon succeed in annexing both
?rds of this afternoon s bill then they are
lafe for several weeks to come. An even
break will also leave them secure In first
Hare, but a double-barreled defeat will
send them downward.
Much friendly rivalry exists between
he two teams, and the game promises to
be both interesting and fast.
The first combat will start promptly at
2:15 o'clock.
The line-ups of the two teams, as an
ir.unced by the respective managers, fol
lows:
Pcstal—Robb, third base; Weaver, right
Teld; D. Goldstein, shortstop; J. Brand,
center field; Hale, center field; Mauk,
Brown and Puckett, catchers; Poyner,
ID st base; J. Goldstein, left field; Steffln,
eft field; Conturie, second base; Har
Irgton, second base; Fields, L. Brand and
Ctpeland, pitchers.
Southern Bell—McConnell, right field;
May, second base; Finch, first base; La
iler, catcher; Click, pitcher; Shere, left
leld; Olmstead, third base; R. Ganong,
shortstop; Ramsey, center field; P.
Sarong, catcher; Templeton, pitcher;
Papot, outfield, and Finney, pitcher.
>15,000; last week, 2,128,000; last year, 1,
r42,000; year before, 2,015,000.
All other kinds this week, 1,675,000; last
week, 1,718.000; last year, 1,353,000; year
aefore, 962,000.
Visible In the United States this week,
191,000; this date last year, 882,000.
Visible In other countries this week,
1,199,000; this date last year, 2*713,000.
Liverpool Cotton Market
IJverpool, July 10.—Spot cotton easy;
gedod middling, 7.S5H; middling, 7.33d; low
middling, 6.85d. Sales, 6000; speculation
and export, 60)0. Receipts, 17,000. Fu
tures steady. Close- luly, 7.06d; July-Au
gust, 7.06d; September-October, 6.68d; De
:embei-January. 6 *>V*d; February-Mari-h,
!.67d; Aprll-Mny, 6.59d.
Weekly Cotton Statistics
Liverpool, July 10.—Weekly statistics of
Jotton: Imports, 36,000 bales; American,
14,000; stork, 916,000; American, 689,000; for
warded, 66,000; American, 46,000; exports,
1000.
Dry Goods Market
New York, July 10.—Cotton goods
narkets were steadier today with gray
tales more active. Wool markets were
lrm and silks were In fair demand for
all.
Hubbard Bros. & Co.’s Letter
New York, July 10.—(Special.)—Cables
:hls morning were lower owing to re
ports of further showers In Texas, and
jur market responded to these advices
oy selling early at the low price of the
lay.
There was, however, a good trade de
mand, and It appeared that liquidation
tad pretty well run ,ts course, despite the
'tvorablo crop reports which came to
land from a well known authority.
There was sufficient arbitrage buying
tom Liverpool to steady the market early,
>ut subsequently prices Improved some 16
joints, when It was found that the raln
all In Texas was by no meanR general
ind except at one or two points was In
he nature of light showers.
The market shows a distinctly better
indertone, and It would seem but natural
•• expect a better demand for forward
:otton at this level.
As to the weather. It Is our opinion
hat so far Texas has not had thorough
ellef, while the Atlantic is getting rather
oo much moisture.
We are therefore of the opinion that
he market is likely to be steadier In tone
r.d probably somewhat higher In price in
he Immediate future.
nnson'rs—Atlantic city, n, j.
The Summer Playground of the Nation
Opportunities for recreation and pleasure are unlimited. Each day brings added
% attractions There are no dull days in Atlantic City. The finest bathing beach in the |
world, recreation piers, band concerts, sailing, fishing, etc. g
The Leading Houses
f l will furnish full Information, rmtoa, etc., on application. f$
Mnrlhnrmigh ftlenhelm Bstsl Htraml NenaWle ffouae
Both American and Euro- Always open. Open All Yenr. ff
wean Plana. F n Off and F. P. • ook'n Hons. ^
\ Joslah WhiteASonsCompany H. C. Edwards ’ The I’ennhurit
Open Ail Year.
) <»wlen Hall ts»* Rhsikamt Wm. R. Hood.
Hotel and Hanatorlnm. s5I?# Hotel Chelae*
F. L. Young. Mgr. j srfikYi mJI’ In Ih" hwhlotiable Chaise*
J weiiet. Mgr. section. Ope* All Year
Hotel Oennla J. B. Thompson t Co.
* ' American Plan. Bolsl SI. Ch*rlea The Holmlmrsl
Open Entire Year. Open All Year. Open All Year.
|| Walter J. Burby. Ncwlin Haines Co. Henry Darnell
For detailed information regarding railroad conncc
| tlons. time tables, etc., consult local ticket agents.
THE ST. CHARLES
' i • 1
Most Select Location Fronting: the Beach
ATLANTIC CITY, N. J.
With an established reputation for Its exclusiveness and high-class
patronage. Thoroughly modern and completely equipped. Courteous
service. Bathrooms, with hot and cold, fresh and aea water attach
ment, etc. Magnificent sun parlors and porches overlooking the Board
walk and ocean. Orchestra of soloists. Always open. Golf privi
leges. Illustrated booklet.
NEWI.IX IIAINKS CO.
■*,-*-*"*-*-r*r*ir*,r~r*T-n --, — — -- — —— n —, — ,~i-~s~»~i.ri_i<
Make Your Dollar Produce More in
a New York City Hotel
A pleasant room with private bath,
4>4i.DU PER DAY facing large open court.
(Not one room, but one hundred of them.)
An excellent room with private
$3.00 PER DAY posurefaCmg: StrCet’ Southern ex"
(Not one room, but eighty-seven of them.)
Also attractive Room without Bath for $1.50 per day. The
Restaurant prices are most moderate.
\
Location
One minute from J of the largest department
stores.
Five minutes’ walk from 19 principal theatres.
Within a block of the Fifth Ave. shopping dis
trict.
Every line of transportation passes the door.
Fifth Avenue Bus lines and principal surface
lines.
The Hudson Tubes across the street.
Elevated Railroad Station across the street.
Subway Station three minutes away.
Grand Central Station within seven minutes.
Pennsylvania Railroad Station just one block
away.
For convenience one could ask no more. /
The Hotel
600 ROOMS EVERYTHING NEW AND MODERN,
400 BATHS A F,VE MILLION DOLLAR HOTEL,
www sraana EQUIPPED TO SATISFY THE MOST
EXACTING TASTE.
i All Baggage Transferred Free to
and from Pennsylvania Station
THE HOTEL MARTINIQUE
Ob Broadway, 32nd to 33rd Streets, New York \
CHARLES LEIGH TAYLOR WALTER CHANDLER, JR. WALTER C. GIRMI!
Preaidant -„ , _ General Manager , u Vlce-PreeUeot ,