The Birmingham age-herald. [volume], July 31, 1914, Page 11, Image 11

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

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

                
GREAT ACTIVITY ON
STOCKEXCHANGE
Liquidation Features, Whole
Session—The Maximum
Losses 6 to 17 Points
New York, July 30.—European financial
developments today caused great activity
on the stock exchange. Liquids!ton fea
tured the whole session, with more busi
ness than at any time In several years.
The total overturned amounted to 1,325.
000 shares, with maximum losses of front
6 to 17 points in more influential Issues.
\ Selling from foreign sources probably
aggregated one-fifth of the day s opeia
tlota, but no definite figures were availa
ble' Lowest prices were reached in the,
final hour, on announcement that Ger
many had served an ultimatum on Rus
sia. Prices crumbled from sheer weight
of the offerings and numerous "cash
transactions testified to the extreme de
mands of the situation.
Vague rumors also were afloat as to
home conditions. It was the intention of
the clearing house commission to hold a
routine meeting, it was said, but it was
deemed wise to postpone action.
Another adverse contributing factor was
the continuance of gold shipments to
London and Palis s in the face of further
advance in "war risks." insurance rates.
The Standard Oil company, to allay any
alarm, offered large sums of call money
at prevailing rates, which were slightly
above yesterday, with another hardening
in long maturities.
Foreign exchange was demoralized. It
was practically impossible to negotiate
bills between this and European points
at tile more excited moments of the day.
The bond market was extremely weak,
losses ranging from 2 to 6 points. Total
sales, par value. $1,475,000. United States
bonds were unchanged on call.
Bonds __
U. S. 2s, registered . 96?«
U. S. 2s, coupon .
U. S. 3s, registered . 161
U. S. 3s, coupon . 101
U. S. 4s, registered . 109
U. S. 4s, coupon .. HO
Central of Georgia 6s .•••• 103:‘s
Illinois Central ref. 4s . 90V*
Louisville & Nashvlle un, 4s 92V*
Seaboard Air Line adj. 6s. 11
Southern Railway 5s . 102
Southern Railway gen. 4s . 68
Money on Call
New York, July 30.—Prime mercantile
paper, 506V* per cent. Sterling exchange
very unsettled; 60 days nominal; demand,
$4.97. Commercial hills nominal. Bar sil
ver, 52V*; Mexican pesos, 40c. Government
bonds steady. Railroad bonds weak.
Money on call strong, 506 cpr cent; rul
ing rate, 5 per cent; closing bid, 4®5 per
cent. Time loans nominal; for 60 days, for
90 days and for six months, 5V*®9 per cent.
Bank of France Statement
Paris, July 30.—Weekly statement of
the Bank of France: Gold in hand in
creased 30,951,000 francs; silver in hind
decreased 14.28S.000 francs; notes In cir
culation increased 771,279,000 francs; treas
ury deposits decreased 18,028,000 francs;
general deposits Increased 4,600,000 francs:
bills discounted increased 903,119,000 francs;
advances Increased 19,372,000 francs.
Bank of Gngland Statement
London, July 30.—Weekly statement of
the Bank of England: Total reserve de
creased £2,422,000; circulation Increased
£389,000; bullion decreased £2,032.979; other
securities Increased £13,766,000; other de
posits increased £12,234,000; public deposits
decreased £1,022.000; notes reserve de
creased £2,282.000. Government securities
unchanged. The. proportion of the banks'
reserve to liability this week is 40.3; last
week it was 52.40 per cent.
London Stocks
T/Ondon. July 30.—Consols for money
•9V*; for account no quotations. Bar sil
ver weak 234* per cent. Money 3V* per
cent. Discount rates; Short and three
months 5 per cent (above quotations nom
inal).
Metal Market
New York, July 30,-Copper, electrolytic,
(112.7,5, weak; lake nominal; castings, $12.50.
Tin nominal; spot, $30031; September,
$29.50030.50. Iron quiet and unchanged.
London copper weak; spot excited, £56;
futures, £57 5s. Tin weak; spot, £132 10s;
futures. £135 IDs. Iron, Cleveland war
rants, 51s.
Coffee Market
New York. July 30.—The coffee market
developed pronouncea weakness today
under the disturbing news from Europe
and after opening weak at 74 to 82 points
decline, sold off later to a net loss of 76
to 90 points. There rvas New Orleans
and foreign selling here and liberal offer
ings from Brazil, while all foreign mar
kets were weak and lower. Spot interests
sold freely against lower cost and freight
offerings from Brazil and although the
(market rallied a little In the early after
Inoon on covering, it was heavy again
near the close and finally 71 to 80 points
net lower. Sales, 170,250. August, 6.56c;
September, 6.70c; October, C.80c; Novem
ber, 6.90c; December. 7c; January, 7.06c;
March, 7.10c; May. 7.30c; June, 7.17c. Spot
coffee weak; Rio, No. 7, 7V4c; Santos, No.
4, lie, Havre, 3V* francs lower; Hamburg,
24404% pfg. lower. Rio, 200 rels lower at
4 sx4.25. Brazilian receipts, 65,000; Jun
dlahy, 46.000; Sao Paulo, 47,000. Today's
Santos cables reported 4s unchanged; fu
tures 225 to 275 reiB lower.
Live Stock
Chicago, July 30.—Hogs: Receipts. 16,
•00: lower; bulk, $8.6509.05; light, $8.6509.15;
mixed. $8.5009.10; heavy, $8.3509.05; rough,
$8.3508.50; pigs, $7.4008.95.
Cattle: Receipts, 3000; steady: beeves.
$7.30010: steers, $6.4008.40; Stockers, $5.50@
g; cows and heifers, $3.7509.15; calves,
$7 50011.25. 1
Sheep: Receipts, 14,000: steady; sheep,
$5.15®5.S5; yearlings, $5.6006.50; lambs, $6@>
«.10.
Kansas City, July 30,-Hogs: Receipts,
5300; steady; hulk. $8.7008.90; heavy, $8.85
08.90; packers and butchers, $8.7009; light,
$8.8508.90; pigs. $8.2508.75.
Cattle: Receipts, 3500: steady: prime
fed steers. $9.3609.90; dressed beef steers.
$7.750 9.25; southern steers. $5.2508.50; cows,
$4.2507; heifers. $6.2509.25; Stockers, $608.
Sheep; Receipts, 1500; higher: lambs,
$7.2508.25; yearlings, $5.5006.65; w’ethers,
$4.7506: ewes, $4.2505.
St. Louis, July 30.—Hogs: Receipts,
7300; steady; pigs and lights, $7.5009.20;
mixed and butchers, $8.8509.25; good
heavy, $8.1009.25.
Cattle; Receipts. 3100; steady; native
beef steers. $7.5009.80: cows and heifers,
$509.25: Stockers, $607.50; Texas and In
dian steers. $608.50: cows and heifers, $4.50
06.50: native calves, $6010.50.
Sheep: Receipts, 4100; steady; native
mutton, $404.50; lambs. $707.90.
Naval Stores
Savannah. Ga.. July 30—Turpentine
aominal. 42V4: sales, none; receipts, 580;
Shipments. 2161; stocks, 25.711.
Rosin nominal; sales, none; receipts,
199Q. stocks. 108,749. Quote: A, B, $3.50;
ub hard Bros. & Co.
n lM.rch.Bt., Hanover Bguare, If.
Member. New York Cotton Rz
ce. New Orlean. Cotton Exchange*
► York Produce Exchange. Auo*
Members Liverpool Cotton Also
n Order, aollclted for the pur*
and Mle of Cotton and Cottas
Oil for future delivery. Special
tlon and liberal terma given for
gnmenta of epot eotton for 4*.
Corre.pondenee Invited.
V
__THE CLOSING STOCK LIST_I
Amal. Popper .105200 57 49 49%
Amer. Agl. 100 50% 50% 50%
Amer. Can ...11000 32% 19% 19%
Amer. C. A F. .2300 46% 44% 44%
Amer. Cities pfd 100 59% 69% 59%
Amer. C. 0. 900 35% 32 32
Amer. Smelt. ...7900 69 50% 62%
Amer. Snuff _ 200 156 153 153
Amer. Sugar ....2200 102 100 100%
Amer. T. & T. ..2900 116% 114 114
Amer. Tob.1000 221 215 215
Atchison _ 12400 92% 98% 89%
Atlantic C. L. ..1200 115 114 114
Balt. & Ohio ...18400 74% 52 72
Can. Pacific ...48400 168 156% 157%
Cent. Leather ..11500 31 26 28
Ches. & Ohio ...4600 43 41 % 42
Chicago. Mil. &
St. Paul _12900 91 S6 S5%
Erie .23000 23 20% 20%
Ceu. KJec.3000 140% 138%J39
Gt. Nor. pfd ...14000 116% 113 114
III. Central _2500 108% 106% 106
Interb.-Met. pfd28000 55% 52 52
K. C. Southern .3600 28% 20% 20%
lx high Valley .24100 129% 118 119%
Louis. & Nash. .2300 130% 127 127
LlKRett & Myers.190
Lcrlllaril Co. ... 300 160', 160 160%
Mo.. K. & T. 1800 11 10 10%
Mo. Pacific ...11600 9% 8 8
Mex. Petroleum 5500 61 53 53
N. Y. Central 17100 82 77 80
N. Y„ N. H. &
Hartford 7000 52% 50% 61
Norf. & West. ..2900 101 97 97%
Nor. Pacific ...20500 102% 97 98%
Penn.18100 1081s 105% 105%
Reading .148600 152% 137 140
Re,p. I. & s.1300 20% 18% 19
do pfd .1600 80% 78 78
Rock Island Co. 200 1 % 1%
do pfd . 500 1% 1% 1%
St. L. & San F.
2d pfd . 3%
Seaboard A. L. .1000 16% 15 15
do pfd. 1100 49% 47% 47%
Sloss-Sheff. S.
& Iron . 200 21 19% 19%
Sou. Pacific ...70500 89 8 4% 84%
Southern Ry. ..16500 18 16% 17%
do pfd .3000 72 67% 67%
Tenn. Copper ..6800 29 24% 24%
Texas Co. 4000 123 112 112
Tex. * Pac. ... 800 12 12 12
Union Pac. ...123300 11874 112 113%
U. S. Steel _241500 56% 50% 51%
do pfd .2600 107% 106% 106
Utah Copper ...26700 51% 45% 46
Va-Caro. Chem. 800 24% 21 21
West. Union ...4000 56% 53% 54
Total sales ior me ■ i.q.i.quv pm«x»cp. i
LOCAL SI
_ Rats. Bid. Asked
Ala. F. ft I.t 15 55
4mer. C. Rys., pfd .. • 64 *•
Amer. C. Rys . 30 50
Amer. Tr. & Sav. Bk. S 170 1*0
Avondale Mills, com... • 100 11*
Avondale Mills, pfd... • 100 10S
Bessemer C. ft I. .. *®
B'ham T. ft S.10 2*0 27*
B'ham Baseball Asso.. 140 170
B'ham Raalty Co. .... 4 1*0 17*
Cham, of Com., pfd .... T 70 *0
Com. Bank & T. Co. .. *0 »°
Corey Land ..........i •• 7*
East Lake Land . *0 7*
Elmwood Cem. Co.4 *0 *0
Empire Imp., pfd .... I 10* 10*
Empire Imp., com.• 70 *S
Ensley Land . 110 12*
First Nat'l Bank.1* *60 2*0
Great Sou. Life . 0 11
Interstate Casualty .. 1 3
Jeff. Co. S. Bank. » 150 165
Jefferson Fertiliser ... * 105 120
M. ft M. Bank .• 12* I3*
North B'ham Land ... 1* 22
Protective Life . 10 16
Realty Tr. Co., com... • 100 110
Realty Tr. Co, pfd .. * 100 110
Sou. States Fire . 1
Traders Nat. Bank ...» 1*0 16»
PURITIES
Rate. Bid. Asked.
Ala. State ft 1920... 4 >7 100
Ala. State Renew. 1966 S% 80 90
Ala. Stale Renew. I960 4 99 101
Ala. Stall Fair . 6 (0 76
Amer. C. Rya . 6 89 92
Ala Cons. 6 76 80
Hessemer C. & I. . < 10} 106
B. R.. L. A P. . ( 99 101
B. R., L. ft P. 414 *9 91
B’ham lee Factory ... • 100 106
B'ham R. A B. .6 100 102
B'ham Waterworks.... 1 102 107
City of Birmingham .. 6 100 104
City of Birmingham .. 4 105 108
Continental Gin .6 100 105
Jefferson County . 6 101 104
Jefferson County . 8 105 110
Jefferson County . 414 89 101
Jefferson Reatly . 8 100 105
Milner Land Co. . 8 96 100
Nashville Railway ... 6 100 105
Pratt Consolidated ... 6 80 85
Sloss I. & S. 6 100 102
Sloes I. A 3. 414 92 95
T. C. 1. gen. mtg. .... 5 99 101
T. C. I. Tenn. Dlv. 5 101 103
T. C. I. Ship Bldg. ... 8 100 104
T. C. I. Bham Dlv.... 8 100 102
T. C. I. Cahaba Dlv. ..6 102 104
Woodward Cons.6 100 106
ONE OF WORST DROPS
IN (MIN YEARS
Loss of Over $4 per Bale.
The Loss for the Day Was
77 to 80 Points
New Orleans. July 30.—The cotton mar
ket today suffered one of the worst breaks
In recent years as the result of news
bearing on the European political situa
tion. At its lowest the most active
months were 82 to 91 points under yester
day's close, or a loss of something over
)4 a bale. The close w*as steady at the
decline at a net loss for the day of 77 to
80 points, October standing exactly $4 a
bale down at 11.26c.
Nothing but war news wras talked of
around the ring from the opening gong
and, as cable messages from abroad were
Increasingly pessimistic in their tone, the
market was continually sagging, at times
going Into periods of extreme weakness,
from which it was brought out only by
extensive buying of covers by shorts,
who were satisfied to take profits.
There were no decided reactions from
the decline, as fresh short selling would
be attended by every little upward move
ment. The gossip of the floor was that
important long lines were thrown over
board during the session, adding to the
weakness.
Fear that export shipments of commod
ities would be checked from this side of
the water was one of the great bearish
influences of the day. Selling was
heaviest half an hour before the close
and appeared to come from traders who
were trying to discount expected unfa
vorable developments over night.
New Orleans Cotton Futures
’ High. How. Close.
August ... 12702 1L41 11.4#
October . 11.89 11.17 11.26
December .. 11.93 11.18 11.30
January . 11.95 11.26 11.35
March . 12.04 11.40 11.45
New Orleans Cotton
New Orleans, July 30.—Spot cotton quiet
and unchanged. Sales on the spot, 59;
to arrive, none. Good ordinary, 113-16c;
strict good ordinary. 11 11-16c; low mid
dling, 12 9-16c; strict low middling, 13c;
middling, 13 6-16c; strict middling, 1311-16c;
good middling, 141-16c; strict good mid
dling,. 14^c. Receipts, 291; stock, 44,592.
Montgomery Market
Mqntgomery, July 30.—(Special.)
Spot cotton was quoted here today as
follows: Old crop, middling, 12^0; new'
crej), middling, 12%c; others not quoted.
NATIONAL LEAGUE
(Continued From Page Seven.)
Moran, cf.3 0 10 0 0
Mollwltz, lb. 3 0 0 15 1 0
Clark, c.3 118 2 1
Amea, p. 2 0 0 0 1 0
Totals .30 2 6 27 18 3
New York— AB. R. H. O. A. »
Bescher, cf. 4 0 0 2 1 0
Doyle, 2b. 4 0 0 2 4 0
Burns, If.i... 4 0 0 0 0 0
Robertson, rf. . .V... 4 0 1 2 0 0
Fletcher, as. 2 0 1 2 0 0
•Murray . 1 0 0 0 0 0
Merkle. lb. 4 0 0 12 0 0
Meyers, c. 3 0 0 5 1 2
Stock, 3b. 3 0 2 2 4 0
Mathewson, p.2 0 113 0
Totals . .. .*r 0 4 77 18 2
•Batted for Fletcher In ninth.
Score by innings:
Cincinnati . 000 000 002—2
New York . 000 000 000—0
Summary: Two-base lilt, Clark. Sac
rifice hits, Ames, Mathewson. Stolen
bases. F'letclier, Daniels. Double plays.
Stock, Meyers to Stock; Doyle to Fletch
er: Fletcher, Etoyle to Merkle. Struck
out. Mathewson 4, Ames 5. Hit by pitch
er, Amea 1 (Fletcher). Wild pitch, Amea.
Times, 1:37. E’mplres, Byron and John
son.
C, D. 33,25)4; F, G, H, I, 33.56; K. 14.15; M,
34.50; N, 36; WO, 36.25; WW, 36.35.
Cotton Seed Oil
New York, July 30.—Cotton seed oil ad
vanced sharply for nearby deliveries at
the start on covering of shorts and local
professional buying on the lard strength,
but later the list reacted slightly under
realising sales and pronounced weakness
in cotton. Final prices were 3 to 13
points net higher.
The cotton seed oil market closed firm.
Spot. 37.1067.12; August, 37.0667.06; Sep
tember, 16.0360.96; October, 30.6866.70; No
vember, 36.536'!.m; December, 36.5466.56;
January, 36.5660.57: February’, 36.6066.65,
March, 36.6266.67. Total gales, 11,000.
WAR SCARE IS FELT
L_^J
Grain Prices Trending Up
ward All Along the Line.
Cotton Down
The threatening war aituation is be
ginning to affect the local grain market.
Flour quotations rose 25 cents a barrel
yesterday and grain prices are stiffen
ing all along the line. Corn rose 2 cents
a bushel and meal advanced to $2 per
100 pounds. Birmingham grain men ex
pect decided advances in grain commodi
ties in the near future, unless a great
Improvement is brought about in rela
tions of European nations. Many deal
ers are beginning to lay in supplies in
preparation for war prices. This upward
trend of prices is being felt through
out the country.
Cotton quotations, on the other hand,
are experiencing a reverse, local spot be
ing quoted %c off yesterday and %c the
day before.
LOCAL QUOTATIONS
The Iron Market
IF .*11.00
2F . 10.60
3F . 10.00
Gray Forge . 9.60
IS .11.00
2S .10.50
Local Cotton
Strict good middling . 13%
Good middling . 13%
Strict middling . 13
Middling . 32%
Strict low middling . 12%
Poultry and Eggs
Hena—14c.
Fryers—114-1V4 lbs; average, 22\jc.
Ducks—16c lb.
Guineas—30c.
Roosters—30c.
Geese—40@'45c each.
Eggs—FreBh country receipts. 17@18c;
candled, 19c; extra graded candled. 20c;
candled carton eggs, 24c.
Meats
Lard—12c; compound, 9c.
Extra Ribs—*13.66.
Bellies—20-25, *14.90.
Boston Butts—16o.
Pork Loins—17&17V4C.
Breakfast Bacon—25c.
Spare Ribs—11c.
Regular Hams—19c.
Smoked Hams—20%c.
Fruits and Produce
Cantaloupes—*2.
Watermelons—16@30c.
Lemons—*4.
Limes—75c @*1.26.
Home Grown Cabbage—2V4c lb.
Northern Apples—Fancy box, *2@2.50.
New Crop Apples—Per hamper, *1.25.
Home-Grown Lettuce—Per hamper, *1.
Peanuts—6@7c.
Imported Peanuts—9*,4c pound.
Egg Plants—»2©2.50.
Pineapples—*2@2.60.
Snap Beans—*1.50.
New Sweet Potatoes—*2.25 per hamper.
New Irish Potatoes—In sacks, *1.25®i. sO.
Squash—Hamper, *1.
Cucumbers—Per crate, *1@1.25.
New Corn—Doxen, 15c.
Peaches—Georgia, »1.75©2.60.
Huckleberries—*2.60@2.
Concord Grapes—*1.60 per crate; 40c
basket.
White Grapes—4-lb. baskets, 30c.
FigB—*2.50@3 per crate.
Okra, six-basket crate, *2.50.
Tomatoes—Six-basket crates. *2.50@8.
Alabama Tomatoes—Four-basket crates,
*1.
Fish
Perch—9c pound. i
Salt Water Trout—12>*c pound.
Blue Catfish—8V4<l9',ic pound.
Red Snapper—8@8Hc.
Gray Snapper—6c.
Mullet—7c pound.
Spanish Mackerel—15c pound.
Fresh Pompano—26c pound.
Creamery Products
Country Butter—20@25c; fresh creamery
butter, 31c; process butter, 26c.
Cheese—16^4; Imported Swiss cheese,
28; German brick cheese, 18; Umburger,
18c; Imported Roquefort, 35c; Neufchatel
cheese, per doxen, 46c; Pimento cheexe,
*1.35.
Flour and Breadatuffa
Self rising flour, $6.36; Tennessee flour.
*4.90; pure wheat shorts, *32; pure wheat
bran. *28; C. S. meal, 7H per cent, *30; C.
S. meal, per ton. *26. No. 1 timothy hay,
per ton. *24; mixed alfalfa and Johnson
grays, per ton. *20; C. S. hulls. SO lbs, *11.60
ton: mixed feed. *34; oats, 66c bu.; corn.
*1.00; cornmeal, *2.00 per 96 lba. New crop
alfalfa. *22.
Hides and Tallow
Green salted - hides, 14@15c; partly
cured, 13@14c; green. 13@13*c; damaged
and culls, one-half price; dry flint. 27@28c;
dry salted, 25@26; dry cula. 12Vic; goat
skins. 25®40c; kids, one-half price; lamb,
•kins, 25®35; sheep skins, 25@75c, shear-1
CLOSE TO A PANIC
•
Prices Break Violently De
clining $3.50 to About
$5 Per Bale
New' York. July 30.—If anything, to
day's developments in the cotton market
surpassed even the demoralization of
Tuesday and at times the market was
close to a panic, particularly in the last
hour when prices broke with a violence
that has not been seen here in some
years, the close was practically bottom
for the day and 66 to 90 points net lower.
This meant a decline of $3.50 to about
$5.00 a bale for the day while in a little
over a month the price has gone down
from $8 to $10 per bule.
The gravity of the Eureopean situation
was believed to be such that the break
ing point might be witnessed any mo
ment. While in the absence of precedents
the results of European war would be
problematical, nobody wanted to own any
cotton speculatively and the absence of
buyer* was one of the reasons for the
violence of the late decline.
From the start, when prices were 17 to
19 points lower in response to similar
pronounced weakness at Liverpool there
was practically no relief from the ex
treme heaviness of the market all day.
At times scattered covering caused the
temporary rallies, but there was such
a gloomy run of foreign news in the
late afternoon that support was almost
entirely withdrawn and sellers had dif
ficulty finding a place for their offer
ings.
For the same reason practically no at
tention was paid to a number of pri
vate condition figures Issued during the
day nor to domestic crop and weather
news which indicated the highest tem
perature of the season in Oklahoma. It
was entirely a war market and the close
was extremely feverish.
_New York Colton Futures
High. Low. Close.
July . l'lTr.0 11 To TOT 8 <
August . 11.65 10.94 10.94
October . 11.80 11.15 11.16
December . 11.99 11.45 11.45
January . 11.86 11.25 11.25
March . 11.93 11.35 11.35
Port Movement
Ne\v Orleans: Middling. 13 5-Se: re
ceipts, 291; exports, 100; sales. 59; stock.
44,592.
Galveston: Holiday; receipts, 635; ex
ports, 1547; stock. 27,433.
Mobile: Middling, 13c; exports, 3;
stock, 4 972.
Savannah: Middling, 137ic; receipts.
11; exports, 379; stock, 11,412.
Charleston: Nominal; receipts, 50; ex
ports, 50; stock, 1439.
Wilmington: Stock, 9017.
Norfolk: Middling. 13c; receipts, 225;
exports, 287; sales, 6: stock, 16.179.
Baltimore: Middling, 13Vfcr; stock,
3335.
Boston: Middling. 12.76c; stock, 6400.
Philadelphia: Middling, 12.75c; stock,
2381.
New' York: Middling, 12.60c; exports,
4595; stock. 104.783.
Minor ports: Stock. 2502.
Total today: Receipts, 1212; exports,
6861: stock, 234,445.
Total for week: Receipts, 10,063: ex
ports. 54,793.
Total for season: Receipts, 10,402,645;
exports, 8.891,04 .1
Interior Movement
Houston: Middling, 13c; receipts, 330;
shipments, 2021; stock, 26.026.
Memphis: Middling, 13c; receipts, 406;
shipments, 255; sales, 25; stock, 17,318.
Augusta: Middling, 13%e; receipts, 12;
shipments. 140; sales, 140; stock, 11,202.
St. Louis: Middling, l&Vic; receipts. 349;
shipments, 355; stock, 15,317.
Cincinnati: Receipts, 273; shipments, 55;
stock, 13,506.
Little Rock: Middling, 12%e; receipts,
21; shipments, 303; stock, 8013.
Total today: Receipts, 1391; shipments,
2129; stock, 91,442.
Liverpool Cotton Market
Liverpool, July 30.—Spot cotton easier;
good middling, 7.34d; middling. 6.86d; low
middling, 6.38d. Sales, 7000; for specula
tion and export, 1400; receipts, 100. Futures
barely steady; July ,6.65d; July-August
6.64d; September-October, 6.43d; Deeem
ber-January, 6.35d; February-March, 6.37d;
April-May, 6.39Mj{J.
Dry Goods Market
New York, July 30.—Cotton goods mar
kets were dull and easy in the primary
division today. Raw silk markets were
stagnant. Dress goods lines were opened
by one corporation at prices lower than
those of last year. Yarns were dull.
Exchange Suspends Operations
New York, July 30.—(Special.)—The mar
ket is entirely under the influence of the
war news and little else is noted. Heavy
selling for foreign account with stop or
ders reached at each low level brought
the decline which was lowest at the close.
The shrinkage in values In one session
has rarely been equaled and the outlook
is not clear.
Crop prospects are increasingly poor In
Texas, but everything is ignored In view
of the dominant Influence of the appre
hended calamity of a great war.
The government report would ordinarily
be expected with Interest but no consid
eration is taken of any but one factor.
The local Interest appears to be mod
erate as speculation latterly has kept
out of the market.
Predictions as to the future are value
less but should the cloud be lifted even
In small degree, a sharp advance would
follow. The decline was about % of a
cent.
Board of Trade Seeking Bet
ter Connections With
Birmingham
The delegation from Athens headed by
H. B. Malone, president of the Board
of" Trade, will arrive here this morning
and will be taken in charge by Secretary
Radcllffe of the Cnamber of Commerce.
This afternoon the conference between
the delegation local civic workers and
representatives of the Louisville and
Nashville railroad will be taken up look
ing to a better train schedule between
Birmingham and Athens to allow Ath
ens people to shop in Birmingham. A
dinner will be tendered the gueBts at
the Tutwller hotel tonight and they will
probably be given an automobile ride
over the city.
Athens people at present, it is said, are
compelled to do their trading mostly in
Chattanooga and Nashville on account of
the difficulty In getting to Birmingham
from the lack of adequate train sceduleB.
Ings. 15225c; green salted horse hides. No.
2s. 12; glues and ponies, 3101.50; No. 1
tallow, 526c; No. 2 tallow, 4c; beeswax.
28260c; wild ginsing. 1608; cultivated gin
sing, 1325; golden seal, 13.5024; clear
grease wool. 16®l»c; slightly burry, 16218;
clear tubwasbed wool, 30233; burry, 16236.
I
RISE OF 9C BUSHEL
IS SCOREDIN WHEAT
Market Closes Almost Be
numbed 6 to 6 7-8c Above
Wednesday
Chicago, July 30.—Wheat prices rivalled
in wildness today the first market re
sults of Austria's declaration of war. A
rise of 9 cents a bushel was scored.
I Trading, however, was deadened by vir
tual refusal of many firms to attempt
| business and by stoppage of export de
1 mand because of uncertain ocean war
risks. The market closed almost be
numbed 6c to 674c higher than last night,
but 2 to 2%c under today's top figures.
Developments in wheat came with such
swiftness and involved such jeopardy
that many large houses declined at times
to accept orders accompanied by offers
of gilt-edged securities for margins to
any limit required. The first transac
tions showed a jump of 7c. Variations at
the same Instant between different sets
of brokers in some cases amounted to
fully 4c. Price changes after the initial
outburst were on relatively small trans
actions except when the market swept
to the topmost level a half hour before
tho close.
Corn was influenced by the advance in
wheat and an almost unprecedented up
turn of 1c to 3c in Liverpool quotations
for corn. There was much evening up
of trades here, however, on the advance
and the close was heavy as in the case
of wheat. Oats advanced %c to l*»c as
j the result of a greatly enlarged demand
from the east. Packers continued to soil
provisions freely.
Future quotations were as follows:
Wheat Open. High. Low. Close.
July 77“7! 92 97 92 51
Sept . 91 97 91 94 Ya
Corn—
July . 73% 75% 74% 75
Sept . 72a* 74 72% 42%
< >ats—
July . 36% 37% 36% 36%
Sept . 37 38 % 36% 37 Vi
Pork—•
July .23.25 23.50 23.25 23.25
Sept .20.70 20.95 20.70 20.75
Lard—
Sept .10.15 10.32 10.15 10.25
Oct . 10.25 10.42 10.25 10.37
Ribs—
Sept .1 1.97 12.07 1 1.97 12.05
Oct .11.60 11.65 11.57 11.57
Kansas City Grain
Kansas City, July 30.—Cash wheat. No.
2 hard, 87<fir90c; No. 2 red. 8$t<'89e. Corn,
| No. 2 mixed, 75V*<b>76c; No. 2 white, 79%o.
Oats, No. 2 white, 38%<W39c; No. 2 mixed,
35<r37c.
St. Louis Grain
St. Louis, July 30.—No. 2 wheat, red,
S9rq90%c; No. 2 hard, 00c. Corn, No. 2.
77%c; No. 2 white, 82c. Oats. No. 2, 36WW
37c; No. 2 white, 38%c.
New Orleans Rice Market
New Orleans, July 30.—Rice unchanged;
rough, nominal; clean in good demand.
Quotations unchanged. Receipts: Rough.
304; clean, 660. Sales: 296 Pockets old
Honduras at 3.01©4.11c; 8 sacks new at
4.50c; 150 pockets clean Honduras at 4%@
5%c; 80 pockets Japan at 3%c.
MUCH INTEREST HERE
IN HARAHAN REPORT
Seaboard President Leaves
With Lamb to Look
Over A., B. & A.
Unusual Interest was manifested In Bir
mingham yesterday In the report that.
William J. Harahan, president of the Sea
board, was to sever his connections with
that line. Although Mr. Harahan said
£here was absolutely nothing to the re
port still it was rumored that there would
he a subsequent statement made in con
nection with the report. Mr. Harahan,
after being joined here by E. T. Lamb, re
ceiver for the Atlanta, Birmingham and
Atlantic, left with him on a special train
for Cordele. Ga., from which point Mr.
Harahan will continue to Jacksonville.
Mr. Harahan said he was simply going
to look over the line at the request of
Mr. Lamb.
In connection with the physical condi
tion of the Atlanta, Birmingham and
Atlantic, there Is expected to be paid a
great compliment to H. M. Atkinson and
Alex Bonnyman by the engineers for the
insterstato commerce commission, who
are valuing the lino, when the report
is made. It was made plain yesterday
by one of the appraisers at the Tutwller
that there were few roads in this sec
tion better constructed than the Atlanta,
Birmingham and Atlantic and that appar
ently every cent placed in the construc
tion of the Atlanta, Birmingham and
Atlantic had been well spent. The inves
tigations on the Atlanta, Birmingham
and Atlantic will he concluded shortly
and when that report Is made it is ex
pected that the references to the phy
sical construction of the line will be ex
cedeingly gratifying to the former of
ficials.
CONCERT TONIGHT
AT CAPITOL PARK
MemoU's band will play at Capitol
park tonight, beginning at 8 o’clock. A
popular programme has been arranged,
and many extras will be heard.
The park concerts began on Sunday,
July 3. The schedule called for three
concerts a week. Thus far only two
have been abandoned on account of
rain. There was no concert last Tues
day night on account of the weather,
but the full programme arranged for
that night was given Wednesday night.
Every concert has been attended by a
lo-ge crowd.
The concert next Sunday afternoon
will be at Fairfield from 4 to 6 o'clock,
the same as last Sunday.
Lyric Opens in Cullman
Cullman, July 30.—(Special.)—One of
the handsomest picture show houses In
the state opens in the Hanlin block at
7^:30 this evening under the name of the
Lyric theatre. It will be run by Mr.
T. D. McMlnn. The opening bill will
be one of Lubin’s masterpieces, enti
tled “Through Fire to Fortune, or the
Sunken Village,'’ in five reels.
Marriage Licenses
The following marriage licenses were
yesterday recorded in the office of the
probate judge:
Joe Riggs, Birmingham, to Miss Tereca
Ellis.
James Newman, Birmingham, Ur Miss
Stella Far tain.
STANDING
Played. Won. Lost. Pet.
Newnan . i p, .i. .6jj
Selma . 75 4»; * 29 .613
Home . 73 41 32 ,u6j
1 ^Grange . 73 40 33 .548
Opelika . 75 41 34 .647
Anniston . 75 ;il 41 .463
Talladega . 74 25 49
Gadsden . 74 22* 62 .2*971
Two Straight for Home
Rome, Ga., July 30.—(Special.)—Rome
made It two straight from Talladega to
day by the score of 6 to 3. Aaron kept,
the hits of the Alabamians scattered while |
Davis could not get his spitter to work- 1
ing well and walked seven men. Moore
fteld had a great day with the stick,
getting three hits out of four times up.
Score:
Rome— AB. R. H. O. A. E.
Reidy, cf. 4 ft 0 2 1 0
Stringfield, p. 2 3 0 1 2 t»
Utley, lb. 4 1 2 12 2 1
Moorefield, rf. 4 0 3 2 0 0
Bray, 2b. 5 1 l 2 3 ft
A. Taylor, If..3 1 0 1 n 0
Alexander, ss. 4 0 2 1 1 u
1>. Taylor, c. 4 0 0 6 1 0
Aaron, p. 4 0 1 0 3 n
Totals . 34 6 9 27 14 1
Talladega— AB. R. H. O. a. E.
Knox. If. 3 1 2 I 0 ft
Garrett, lb. 2 0 0 8 1 0
Damp, cf. 4 0 2 2 0 u
Baker, c. 4 0 2 9 0 0
More, If. 4 0 0 l 1 0
Crow, 3b. 4 0 10 10
Reinecke, ss. 3 0 0 1 1 0
Slater. 2b. 3 1 0 0 2 1
Davis, p. 4 1 0 2 3 0
Totals . 31 3 7 24 9 1
Score by innings:
Talladega .101 000 100—3
Home ...003 002 01*—S
Summary: Two-base hits. Alexander,
Moorefield. Throe-base hit, Knox. Struck
out. Aaron 6. Davis 9. Wild pitches,
Davis 2. Stolen bases, Stringfield, Moore
field. Base on balls, Davis 7, Aaron 3.
Time. 1:55. Umpire, White.
Newnan Annexes Slow Game
Gadsden, July 30.—(Special.)—Newnan
took a slow game from the Steel Makers
this afternoon, 3 to 1. May and Abbot
were in good form, hut May had the best
of it. His hitting also was a feature
again. Score:
Newnan AB. R. H. O. A. E.
Mackey, 3b. 3 1 0 5 4 \
Bowen, ss. 3 0 0 0 1 0
Howell, lb. 4 0 2 II 1 1
Smith, If. 4 0 0 1 0 0
Long, rf. 4 0 1 1 0 0
Kimball, e. 3 0 15 1 0
Edmondson, 3b. ... 4 0 0 0 1 0
Sanders, cf. 3 0 0 11 0
May, p. 4 2 3 0 4 0
Totals . 82 3 7 27 16 2*
Gadsden AB. R. H. O. A. E.
Selph, 3b. 4 1 1 0 4 0
Williams, If. 3 0 1 2 0 1
Sharp, ss. 4 0 114 1
Askew, c. 10 0 10 0
Jorda, c. 3 0 0 1 0 0
Werner, cf. 10 14 0 0
Mills, 1b. 3 0 1 13 1 0
Smith, rf. 3 0 0 4 0 0
Browidow, 2b. 3 9 1 1 1 0
Abbot, p. 2 0 0 0 I J
•Sigmon . 1 0 0 0 0 0
Totals . 28 1 6 27 14 3
•Batted for Mills in ninth.
Score by Innings:
Newnan . 000 001 030—3
Gadsden . 001 000 <K)0—1
Summary: Two-base hits, May. How
ell. Sacrifice hits, Williams. Smith, Ab
bot. Mackey, Bowen, Kimball. Stolen
bases, Sanders. Double plays, Mackey to
Howell; Sanders to Mackey. Base on
balls. Abbott 2, May 3. Struck out, Abbot !
2, May 5. Passed balls. Kimball. Time,
1:40. Umpire, McGrath.
Anni&ton Breaks Losing Streak
Anniston, July 30.—(Special.)—Won
in the ninth was the story of the game
today, when Anniston broke a losing
streak by defeating Opelika in the last
Inning by the score of 4 to 3. The score
stood 8 to 2 when Anniston came to
bat in their last inning. Proctor
reached first on an error, Shepard was
sent in to bat for Killinsworth, and
delivered a hit, the next man fanned,
Abbot singled and Proctor came in with
the run that tied the score. Tisdale
hit to left Held, and Abbot scored the
winning run.
It was booster day and one of the
largest, crowds of the season was out
to see tlie contest. Score:
Anniston— AB. R. II. O. A. E.
Donaldson, ss. . . 5 0 0 7 4 0
Abbot, lb.5 I 2 7 I ft
Tisdale, c.5 ft 2 3 2 0
Umar, 2b.4 1 0 2 1 1
Uagsdale, If.4 ft 1 2 0 ft
Sanford, rf. 4 0 1 3 0 1
Baumgardner, 3b. 4 12 1 ft 0
Proctor, cf.3 l 2 2 ft 0
Killinsworth, p. 93 0 0 0 2 0
•Sheppard . 1 0 1 0 0 0
Totals ..38 4 11 27 10 2
Opelika— AB. R. H. O. A. E.
Spitznagle, ss. . . 3 ft 1 3 5 1
Newell. 2b. 2 0 1 3 2 1
Blackwell, cf. ... 4 ft 0 1 0 0
Steele, rf.3 ft ft 0 0 0
Chambers. 3b. .. 4 1 1 1 1 1
Schwartz, lb. ... 4 0 1 8 0 0
Me Lin, if.4 1 1 0 0 ft
Williams, c.4 ft l 8 1 0
Cuntley, p.4 1 1 2/ 2 0
Totals . 32 3 7 *26 11 3
•Hit for Killinsworth in ninth.
•Two out when winning run was
scored.
Score by Innings:
Opelika .001 101 000—3
AnnlBton .011 000 002—4
Summary: Two-buse hits, Proctor,
Newell, MeLin. Three-base hit, Rags
dale. Stolen bases. Tisdale 2, I*umar.
Euumgardner. Double plays. Spltzna
gle to Williams; Spltznagle to Newell.
Base on balls. KlllinHWorth 1, Cantley J.
Hit by pitched balls, Nowell, Baum
gardner. Struck out, Killinsworth 1,
< antley 6. Time of game, 1:40. Um
pire, Blackburn.
Selma Registers Another
Selma, July SOfl—(Special.)—Selma won
again today from L&Grange by the score
of 3 to 1. Morrison worked in good
form and kept his hits scattered. In the I
fourth inning Morrison walked O. Don
aldson, who went to second on Overton’s
error and counted the only run for Le
Grange on Walden’s double to left. Mc
Crary was hit at opportune time by the
Se^ma club. The gumo was witnessed by
the president and secretary of the Mem
phis club. Score;
LaGrange— AB. ft. H. O. A.
J. Donaldson, ss. .. 3 0 1 1 2 0
Alien. If. 4 0 0 1 0 ft
O. Donaldson, cf. ..3 t 0 1 0 0
Walden, 3b.4 0 1 5 4 0
Banister, rf. 3 0 0 0 0 0
Lafitte, c. ..4 0 1 6 1 0
Holland. 2b. 4 0 3 1 2 1
Arr.ason, lb... 8 0 0 9 2 0
McCrary, p. 3 0 2 0 3 0
Totals .31 1 7 21 14 1
Selma— AB. R. H. O. A. E.
Overton, ss. 3 0 0 1 3 1
W. Cowan, rf.3 0 1 2 1 0
Burke. If.3 1 1 3 0 0
Farmer, 2b. ..4 0 1 1 2 0
Vasterllng, lb. ..... 3 1 1 7 1 0
E. Cowan, 8b. *..... 4 0 1 0 2 0
Thomas, cf. . 3 0 0 1 0 0
Oultterres. c. 3 1 1 12 0 0
Morrison, p. 3 0 0 0 l 0
Totals .29 3 6 27 10 1
Score by innings:
LaGrange . . 000 100 000—1
Selma . 000 210 (K>*~3
luminary; Two-base hits, Walden, E.
' SECKEL EASILY
Stand ish Bests Allis in
Sensational Match—Seckel
Plays Poorly
Grand Rapids. Mich., July 30.—Albert
Seckel of Riverside club. Chicago; E. P.
Allis III, of Milwaukee; Robert E.
Hunter of Pasadena and W. H. Gardener
of Buffalo today were eliminated from
the western amateur golf championship
tournament after 36 holes of watch play
at the Kent Country club.
What was expected to be the hardest
contested battle of the four day, that be
tween Seckel. former western amateur
champion, and Charles Evans, Jr., of
Chicago, turned out to bo the poorest.
The latter won 7 up and 6. Socket's poor
putting made the maten a romp for
Evans.
Best of all the struggles was the one
between James D. Standlsh, Jr., of De
troit. and Allis. When the 36 holes were
finished tho play was even.
Standlsh took tho next hole 4 to 5 when
Allis missed a two-foot putt.
D. R Sawyer of Wheaton, disposed of
Gardner, 4 to 3. and Phil Stanton, sole
hope of tho Kent Country club, defeated
Hunter, 5 to 3.
Evans and Seekers scores follow:
Forenoon round:
Evans, out, 34, In 36—70
Seckel, out, 40, In 36—76.
Afternoon round:
Evans, out 36, in 544.
Seckel, out 37, In 464.
(Byeholea not played.)
The. Stnndlsh-Allis duel this afternoon
was sensational. When play commence*!
St and ish was one up. At the end of 27
holes he was 2 up. Allis’ weakness on
the greens coming in. Increased Standish's
lead to 4 up when 31 holes were played.
Allis made an unusually long drive and
a brilliant approach to the next green
and won It In four to Standish's par. five.
The feat seemed to disturb the Detroit
player, who went to pieces and Allis won
3 of the next 4 holes, squaring the match.
Then with an equal chance for victory he
missed an easy putt. Their afternooB
card:
Standlsh, out, 38, In 40-78.
Extra holes, 4
Allis out, 39 In 38—77.
Extra holes, 6.
FEDERAL LEAGUE
STANDING
Played. Won. T ost. Pot.
Chicago . 03 54 39 .581
Baltimore . 86 48 38 .538
Brooklyn . 85 46 39 .^11
Indianapolis ........ 88 47 41 .534
Buffalo . 88 43 45 .488
Kansas City ........ 94 43 51 .437
Pittsburg . 85 37 48 .435
St. Routs . 93 39 54 .411
Brownies Break Even
Brooklyn. July 30.—The Brooklyn and
St. Louis Federal* spilt a double header
here today, tho visitors taking the tirst
game 9 to and losing the second 1 to 2.
St. Louis batted Seaton and Chappell hard
In the opening contest. Crandall was un
able to hold down the local batters In
the second game. Score: First game:
R.H.E.
St. Louis .130 001 013-8 14 0
Brooklyn .000 000 020—2 6 l
Batteries: Groom and Simon; Seaton,
Chappell, J.uul ami Land.
Second game: R.H.E,
St. Louis .002 000 000—2 7 •
Brooklyn .201 OOO 01*-4 9 1
Batteries: Crandall and Simons; Fin- ,
neran and Owens.
Bison and Chifeds Divide
Buffalo, July 30.—Chicago and Buffalo
closed the series today by dividing a
double header, the home team winning the
first game 3 to 1 and the visitors the
second 10 to 5. Six of Chicago’s runs in
the last game wore scored on two lucky
home runs. Score: First game: R.H.E.
Chicago .000 OX) 010—1 5 2
Buffalo .210 000 00*—3 4 1
Batteries: Fisk and Wilson; Ford and
Blair.
Second game: R.H.E.
Chicago .400 000 033—10 9 4
Buffalo .000 200 300— 5 5 3
Batteries: Ringc, Hendrix and Block;
Anderson and Lnvlgne, and Allen.
Pittsburg (lets Even Break
Pittsburg. July 30.—Pittsburg brok#
even in the series by defeating Kansas
City today 2 to 0. Score: R.H.E.
Kansas City .ooo non ooo—0 6 1
Pittsburg .000 000 02*—2 9 2
Batteries: Adams and Easterly; Dickson
and Berry.
Pell City. .Inly 30.—(Special.)—The board
of county commissioners, sitting ns a
board of equalization, has Just completed
a two days’ term of court her© to hear
tax matters. A large number of property
owners appeared before the board to show
cause why their taxes should not be
j raised. Majority of citations were heard
and taken under consideration by tha
board.
The docket of the county court for tha
July term Just finished was one of tha
largest that has faced Judge Herring for
sometime. Several cases were tried and
a number of convictions had.
Bert Jones, charged with assault with
Intent to murder William Wilson at Coal
City July IS, was tried before Judge T,.
E. Garrett Wednesday and bound over
to await the action of the grand jury.
General McGraw, charged with the same
offense on Ben HUI, was bound over to
await the grand Jury by Judge Garrett.
A petition calling for a nonpartisan
meeting of the citizens in the circuit
courtroom for Tuesday night has been
circulated for the purpose of nominating
a mayor, five aldermen and five members
of the school board to be elected at
the September election. Col. N. B.
Spears was elected permanent chairman
and Frank Embry, secretary. The meet
ing adjourned to meet again Friday night
and nothing was done owing to the In
clemency of the weather.
Work on the cotton oil mill and fer
tilizer factory Is well under way and
operation of the mill Is expected for the
fall business. The mill Is situated near
the plant of the Pell City Manufactur
ing company on the Southern railroad.
The new dry store near the Southern
depot will be completed within a few
weeks. Finishing for the Pell City Bank
and Trust company is being put on and
this Institution Is expected to open for
business September 1.
SOUTH ATLANTIC
At Columbia: Columbia 2, Macon 6.
At Charleston: Charleston <», Jackson
ville 3.
At Savannah: Savannah 3. Albany 4.
At Augusta: Augusta 0, Columbus 1&
Cowan. Stolen bases, W. Cowan, Burke,
Farmer, Vasterllng. Double plays, Wal
den to Amason; Farmer. Overton to Vas*
terling. Bases on balls, McCrary 6, Mor
rison 3. Hit by pitcher. McCrary (Vao
terling). Sacrifice hits, Overton, W. Cow
an 2. Struck out, McCrary 5, Morrison II.
I'assed ball, l,ufitte. Wild pitch, MO
Crary. Time, 1:50. Umpire, Davos*.
m
11