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The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, September 02, 1914, Image 11

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

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn85038485/1914-09-02/ed-1/seq-11/

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LOCAL SECURITIES
MOLES WORTH WILL ENTER
GAME TO SHAKE OFF SLUMP
C. BROWN RECEIVED
40' CENTS A PITCH
Southpaw Heaved But 98 Times Against Atlanta—Perryman
Pitched 118—Both Were Well Paid For Efforts
Hr nisvnrcjf a. lewis
__ Rate. Btd. Asked.
Ala. F. A 1.4 48 5B~~
Amer. a Rys., pfd 64 67
Amer. C. Rye . 30 60
Amer. Tr. A Sav. Bk. I 170 180
Avondale Mills. com... I 100 116
Avondale Mllla, pfd... * 100 103
Bessemer C. A I. ., 60
B'ham T. A 8.10 260 276
B'ham Baseball Asso.. 140 170
B'ham Realty Co. .... 4 160 176
Cham, of Com., pfd .... I 70 80
Com. Bank A T. Co. .. 80 >0
Corey Land . 46 76
East Lake Land ..... 60 76
Elmwood Cem. Co. .... 4 60 80
Empire Imp.. pM .... 8 M6 108
Empire Imp., com. .... I 70 86
Ensley Land . lig i2s
First Nat'l Bank.18 260 160
Great Sou. Life . 8 11
Interstate Casualty .. 1 I
Jeff. Co. 8. Bank. 1 150 165
Jefferson Fertiliser ... I 105 119
M. A M. Bank .6 126 186
North B'ham Land ... 16 22
Protective Life . 10 16
Realty Tr. Co., com... 0 100 110
Realty Tr. Co., pfd ..8 100 119
Sou. States Fire . 1 2
Traders Nat Rank ... 0 160 165
_ Rate. Bid. Asked.
Ala. State ref. 1*10... 4 »T "100
Ala. State Renew, 1958 149 »® »®
Ala. State Renew, 1159 4 99 101
Ala. State Fair . ■ *0 T*
Amer. C. Rye . i 99 91
Ala. Cons. . 9 TS *0
Bessemer GAL .f 101 1®S
B. R., GAP. .0 •• 101
R R., L. A P. . 449 00 >1
B'bara loe Factory ... 9 100 109
B’ham R. A K .• 40® 108
B’ham Waterworks.... 0 101 10T
City of Birmingham » 100 109
City of Birmingham ..9 10S 10*
Continental Oln .i 100 105
Jefferson County . 5 101 104
Jefferson County .* 109 110
Jefferson County . 449 ** 101
Jefferson Reatly .8 100 104
Milner Land Co. .* 89 100
Nashville Railway ... 9 100 105
Pratt Consolidated ... 9 80 !i
Sloes L A & . 6 100 108
Sloes L A A . 449 *1 »*
T. G L gen, mtg. 5 98 101
T. C. L Tenn. Dlv.I 101 109
T. G L Ship Bldg. ... 4 100 104
T. G I. B’ham Dlv.... I 100 108
T. C. I. Cahaba Dlv. ..8 101 104
Woodward Cons.4 100 109
Baron Leader Feels That
His Hitting Will Help.
Lineup Switched Yester
day Without Result
Molesworth is desperate. The Barons
are in a hitting slump that threatens to
deprive of them of the lead of the league.
Yesterday the lineup was shifted, but
without a resultant change in hitting.
Stewart was elevated from the fourth po
•••••••••••••••••••••••••••••••••••••••••••••#*#••••
sition to second, while Carroll was dropped
to sixth. McDonald tumbled into third
Place, while Tex Covington was placed
in the clean-up role. Blit despite the
shifts, Birmingham annexed but two hits.
To add strength to the offense, Moles
worth had decided to break into the game
again. The Baron leader is confident that
he can hit and the fans are with him. He
realizes that if Birmingham can emerge
from the present siege of weak hitting
that the pennant will fly at Bickwood
Carroll will be benched.
The batting order will read: Marcan,
McDonald, Mptesworth, Stewart, Coving
ton, McBride, TSllam, Wallace and Roth,
Molesworth is swatting over .400 now.
I CEJF WHEAT
§| > isettled [email protected] l-4c
||t Farmers Inclined
I 1 More Freely
|||a tember 1.—Reports that
■K disposed to sell more
Sgia nslderable to do today
■B rn i>: the price of wheat.
Hj - — i»oi closed unsettled, %@l%c
Hi *linder last night. Corn showed a net
m decline of Va @ %c and oats of % @ %c to
llpff 5»@%c. In provisions the outcome var
.1 .lied from a drop of 55 cents to 7% cents
m advance.
i||| Country offerings of wheat to Chi
§■' cago Iiouses were reported as having
Increased and Kansas City was said
ll|l }to have loaded 350,000 bushels for shlp
fiftj Snenl here, the Kansas City market be
K9 ling on a full shipping bases. Elevators
land export concerns purchased a good
Weal of wh.eat. on the setbacks.
PH ^ J General rains and an Increase of
§■ T Javallable supplies had a bearish effect
Hi on corn. Speculation, however, was in
'active.
|Kg! j A big trade was on In oats. Heavy
Hu EJeliverles id holders of September con
j^B'^fracts depressed the market but the
' geaboard became a free buyer on the
■H Wecllne. Shipping sales aggregated
Hi pOO.OOO bushels. Export call showed no
let up.
H A Provisions averaged lower on ac
H ™ount of September deliveries being on
mg alarger scale. Higher prices for hogs
US Virtually were Ignored.
Wheat—Open. Hifth. Lowe Close."
H Sept . I.fi9% lTT% 1,08% 1.1#
free . 1.13% 1.16 1.12% 1.14%
■j May . 1.21% 1.22% 1.18% 1.21
H Corn—
§B Deo . 72% 73 71 % 72%
H May . 74 74 73 Vi 74
fUa Oats—•
■I .Dec . 51% 52% 51% 51%
Wm 'today . 64% 55Vi 54 54%
|B| Pork—
gept . 20.10 20.00 20.00
||H' Jan .22.80 22.90 22.55 22.72
jjf- Lard—
K Sept .10.20 10.22 10.15 10.15
H'XJan .11-00 11.00 10.82 10.87
ii Ribs—
■I Kept . 12.65 12.60 12.60
», Jan .11.67 11.75 11.60 11.67
teg Kansas City Grain
■ Kansas City. September 1—Wheat, No.
H hard, 81.06®1.09; No. 2 red, *1.06®1.07.
|Hp Corn, No. 2 mixed, 79c; No. 2 white, 80®
80%c. Oats, No. 2 white, 50c; No. 2 mixed,
H| [48® 48c.
ISt. Louis Grain
It. Louis. September L—No. 2 wheat,
I, 8I.1O01.UH; No. 2 hard, *1.09«1.14.
rn, No. 2, 79<®80c; No. 2 white, 80i£<£$lc.
ts, No. 2, 60%c; No. 2 white, 51c.
New Orleans Rice Market
Jew Orleans, September 1.—Both
ides of rice was strong and active to
V. Quote: Rough Honduras, 8405.20c;
an Honduras, 444©6*«»c; Japan, 4ttC-V4c.
sc, polished, per ton, 827028; bran, per
l, *18020. Receipts: Rough, 7332; mill
1, 1331; clean, 6730. Sales, 3898 sacks
Jgh Honduras at 406.20c; 6319 pocketE
an Honduras at 3%@6Hc; 500 pockets
pan at 3*,[email protected]
Port Movement
Jew Orleans: Stock, 49,531.
Jalveston: Receipts, 4972; deports.
12: stock. 46,148.
Mobile: Receipts, 90; stock, 1885.
Savannah: Receipts, 943; stock, 12,
I,
Charleston: Receipts, 116: stock, 1384.
IVilmington: Stock, 7563.
Texas City: Receipts, 608.
Norfolk: Receipts, 85; stock, 13,956.
Baltimore: Stock, 214 8.
Boston: Receipts, 336; stock, 3200.
’hlladelphla: Stock. 1275.
<Jejv York: Stock, 89.846.
Minor ports: Stock. 3242.
Totals today: Receipts, 6349; exports,
>2; stock. 232.700.
Total for week: Receipts, 22,296; ex
rts, 0281.
Total for season: Receipts, *76,497;
ports. ’“CiSl.
’Since August 1.
“Since September 1.
Houston: Receipts, 5630; shipments,
16; stock, 32,913.
Interior Movement
Memphis: Receipts, 55; shipments,
>: stock, 14.667.
Vuguota: Middling. 8c: receipts, 681;
ipments, 490; stock, 9533.
St. Louis: Stock, 14,121.
Cincinnati: Shipments, 95; stock. 5481.
Little Rock: Receipts, 1; shipments,
14; stock. 5303.
Total today: Receipts, 6367; ship*
•r.ts, 6234: stock, 82,018.
Total today: Receipts, 6387; ship
nts, G2S4; stock, 82,018.
Dry Goods Market
Stew York, September 1.—Dry goods
rkets were active today. Mills an
unco’l there prices for gray goods,
ess ginghams and colored sheetings
ire in better demand.
Money On Call
Jew York, September 1.—Close mercan
s paper, 7c. Sterling exchange, nomi
1. Cables, 5.07.75 per cent. For demand.
5.50 per cent. Bar silver, 63*4 per cent.
Coffee Market
Jew York. September 1.—The market
• spot coffee was a shade easier here
lay. While Importers still claim thai
is Impossible to buy on anything like
normal scale. In Brazil, owing to the
settled situation with reference to in
national payments, coffee Is known *.o
accumulating In interior of the pro
cing country, and cost and freight of
•s received here recently have been
v as compared with spot quotations.
Is Is considered respon-lble for check
t the demand from roasters and dls
butors, who are now sah.l to'be buying
• immediate needs only in the hope
it the import situation will show a
iterial improvement before the stocks
w available hero have been seriously
paired.
lice 7’s were quoted at 714 and Santos
at 1244c. The Rio market was firm
d unchanged at the close yesterday,
e Santos curb was 100 rels lower. Re
pts at the two Brasilian ports 8000;
ndlahy 10,000. #
Cotton Seed Oil
New York, September 1.—Cotton seed
fJjV' oil was lower, due to pressure of actual
Lf oil In the way of tenders of 2700 barrels,
■ coupled with poor absorbing power. Final
prices were 6 to 18 points net lower.
\ The cotton seed oil market closed more
assy.
Spot. 6.64®«.80c; September, 6.6206.65c:
October, 6.6506.86c; November. 6.6106.54c;
I December, [email protected]; January, [email protected]>.61c;
i ) " February, *6.5806.60c; March. [email protected];
I April. 6.6806.68c. Total sales, 6000.
j|i Uve Stock
Ilk Chicago, September 1.—Hogs: Receipts,
; Ilk 1300; market strong to 10c higher. Bulk
J|p- of sales. *909.46; light. *9.1009.65: mixed,
fir 88.8009.60; heavy, *8.7009.50; rough, *8.70®
fl* 8.86; pigs, 8608.25.
Cattla: Receipts. 4000; market Arm.
•■••vaa $6.76010.90; steers. $6.3609.35;
| & Co.
CALHOUN FARMERS
MEET ATANNISTON
Stockholders of Union Ware
house Declare Dividends.
Good Supply on Hand
\
Anniston, September 1.—(Special.)—A
very encouraging report was made Tues
day at the meeting of the stockholders of
the Calhoun Count*; Farmers' union ware
nouse lat the Calhoun county courthouse.
There fis said to be a good supply of cot
ton on hand, and the company has paid
good dividends this year.
G. W. Eichelberger is manager of the
warehouse, and W. T. Dodd 13 secretary,
the directors being Mr. Eichelberger, A.
M. 'Whiteside, J. M. Snow, W. L. Jones, C.
S. Borders, T. B. Jenkins and J. W.
Hughes, most of whom are large farm
ers.
While the business of the warehouse
was reported to be in good condition, the
reports in regard to tile crop were njt
so encouraging. G. W. Cooper reported
that the arr.y worm and caterpillar are
makin- great inroads on his place near
Ot.ord, and this report is said to ap
ply to conditions on most of the farms
south of here, in Calhoun and Talladega
counties.
It was the consensus of the farmers
present, representing the most enlight
ened agricultural thought of this section,
that the salvation of the southern farmer
in the next year or so lies in diversifica
tion of crops.
Plans have been perfected for the meet
ing of the Confederate veterans of Gordon
Memorial camp at Oxford lake park on
next Thursday evening, at which time
they will gather in annual reunion. These
reunions are for the benefit of the old
veterans who cannot attend the national
gatherings, to enable many of them to
shake hands and look one another in the
face for the last time here below, for the
ranks are dally getting thinner. Dinner
will be served, in picnic style, however.
Dawson Haynes, son of D. P. Haynes,
and a well known merchant of this city,
was severely injured when his automobile
turned turtle on the Annlston-Alexandrla
road early Tuesday morning. What caused
the accident could not be learned .
More cases for alleged violation of the
prohibition laws were tried in police court
here Tuesday. Lee Price was fined 150
and costs and Dave Hampson was fined
$100 and given three months on the streets.
Attorney Ross Blackmon has brought
a suit for $10,000 against J. M. Sheid, J.
W. Dashwood, A. J. Holland and George
Rutledge, city patrolmen, who are charged
with having illegally searched the home
of Mrs. Emma Hill in looking for whisky.
ADJOURNMENT OF
CONGRESS HINTED BY
OSCAR UNDERWOOD
Washington, September 1,—Adjourn
ment of Congress by October 1 was
foreshadowed In the House today when
Democratic Leader Underwood ar
ranged for a House holiday from next
Sunday to next Tuesday to observe La
bor Day.
"I will say frankly,” said Mr. Un
derwood amid applause, "that I ex
pect that before then the Clayton anti
trust bill will be in conference and
with other emergency legislation
cleared up I see no reason why this
session of Congress should not be con
cluded by October 1, if not before."
BRYAN URGES
CANAL TREATY
Washington, September 1.—Secretary
Bryan went to the capltol today to
urge ratification of the Nic&raguan
canal treaty on members of the Senate
foreign relations committee. The com
mltue will meet tomorrow. A sub
committee will make a favorable re
port on the treaty and propose an
amendment to provide that the 11,000,
000 which It la proposed to pay Nic
aragua for the canal route and naval
station rights, shall be utilised by that
republic in the payment of national
obligations.
Secretary Bryan conferred particu
larly with republican senators opposed
to action on the treaty at this time.
The Kuropean conflict la urged as a
particular lenson for concluding the ne
gotiations for the Nicaraguan canal
route.
Senator Smith of Michigan proposes
to fight the ratification.
Stockers. S5.50Qa.25: cows and heifers, S3.90
9.40; cal-es. S7.50Q1L25.
Sheep: Receipts. 39.000: market steady
to 10c lower. Sheep. $4.7006.60; yearlings,
SE.40Q0.35; lambs. $6.7507.60.
Kansas City, September 1.—Hogs: Re
ceipts. 9600: market 6 cents higher. Bulk,
[email protected]; heavy, S9.26Q9..35: packers and
butchers, S9.10Q9.35; light, 39.0609.30; pigs.
$808.76.
Cattle: Receipts, 12,000: market steady.
Prime fed steers, $9.76010.50: dressed beef
steers, $7.7609.50: western steers, $5,600
9.73; southern steers. $5.2607.60; cows,
$4.2507.25; heifers, $5.2609.60; stockera,
$6.3608.25.
Sheep: Receipts, 15.000; market steady.
Lambs. $707.40; yearlings, $6.6005; weth
ers. S5Q5.40; Stockers and feeders, S3.50Q7.
St. Louis, September 1.—Hogs: Receipts,
9900; market 10c higher. Pigs and lights,
S7Q7.60; mixed and butchers, $9.3509.95;
good heavy, $9.4009.65.
Cattle: RWelpts, 4800; market steady.
Native beef steers, $7.81010.60; cows and
heifers. S6Q9.60; stockers, $607.60; Texas
and Indian steers. $608-25; cows and heif
ers, $406.SO; native calves, $6011.06.
Sheep: Receipts, 9100; market steady.
Native muttons, $406; lamb*, $707.90.
Naval Store*
Savannah? September 1.—Turpentine
nominal. 4649c; no sales; receipts, 550;,
shipments, 168; stock, 29,666. Rpeln
nominal; no sales; receipts, 686; ship
ments, 915; stock, 114,140. Quote: A. U,
$8; C. D. $3.5344; E, F, Q, H, I, $$.55;
K. $415; M. $4.90; N. $6; WO, $$.$<;
WW, S6.36.V
WHEAT QUOTATIONS
CONT NUE TO RISE
More Advances Expected.
Grain and Hay Are
Going Higher

Wheat quotations continue to ad
vance and prices on wheat products
follow closely In the wake. Flour prices
have gone up all along the line on the
average of about 16 cents tier barrel.
A rise of 31 per ton on timothy hay
and Johnson grass was also noted,
while oats advanced 3 cents per bush
el, the wholesale price now being fiS
cents. Dealers here state that con
tinued advances are expected In the
grain and feed markets and that pro
ducts derived from the cereals will
necessarily do likewise. The steady rise
In grain quotations Is attributed by
dealers to the increased European u^
mand resulting from the war. Trade
along Morris avenue la fairly good and
prices generally are firm.
LOCAL QUOTATIONS
The Iron Market
IF .$11.00
2F . 10.50
IF .10.00
Gray Forge . 9.50
IS .11.00
2S .10.60
Poultry and Eggs
Hens—14c.
Fryero—114-114 lb»-l average. 2214c.—20a.
Ducks—15c lb.
Guineas—30c.
Roosters—30c.
Geese—40045c each.
Eggs—Fresh country receipts, 19020c;
candled, 24c; extra graded candled, 26c;
candled cartoon eggs, 28c.
Meat*
Lard—1214c; compound, Site.
Extra Ribs—$14.92.
Bellies—20-25, $16.1714.
Boston Butts—18c.
Pork Loins—18c.
Breakfast Bacon—20028c.
Spare Ribs—1214c.
Regular Hams—2014c.
Skinned Hams—2114c.
Fruits and Produce
Cantanloupea—$202.26.
Watermelons—15030c.
Lemons—$4.5005.50.
Limes—75c0$l. 25.
Virginia Cabbage—2c lb.
Northern Apples—Barrel, fancy, $4.60.
Home-Grown Lettuce—Per hamper, fL
California Peaches—$1.10 per box.
Peanuts—6®7e.
Imported Peanuts—914c pound.
Egg Plants—$202.50.
Pineapples—$202.60.
Snap Beans—$1.50.
New Sweet Potatoes—Barrel, $2.50.
New Irish Potatoes—In sacks, $1.10.
Squash—Hamper, $1.
Cucumbers—Per crate, $101.25.
New Corn—Dozen, 15c.
Peaches—Georgia, $1.7502.60.
White Grapes—4-lh. baskets, too.
Figs—$2.6003 per crate.
Ukia. six-basket crate, $2.60.
Tomatoes—Six-basket crates, $2.5001.
Fish
Perch—gc pound.
Salt Water Trout—12Hc pound.
Blue Catfish—708c pound.
Red Snapper—8V609c.
Gray Snapper—6c.
Mullet—61406c Found.
Spanish Mackerel—15c pound.
Fresh Pompano—26c pound.
Creamery Products
Country Butter—20025c; freeh creamery
butter, 3314c; process butter, 23c.
Cheese—1714c; Imported Swiss cheese.
4flc; German brick cheese, 20c; limburger,
20c; imported Roquefort, 40c; Neufchatel
cheese, per dozen, 45c; Pimento cheese,
$1.35.
Flour and Breadstuffs
Self rising flour, $6.60; Tennessee flour,
$6.10; Michigan flour, $7.25; Idaho flour.
$6.10; Indiana flour, $6.40; pure wheat
shorts, $35; pure wheat bran, $32; C. S.
meal, 714 per cent, $30; Cremo
meal, per ton. 326; C. S. hulls, $10011 ton;
No. 1 timothy hay, per ton. $26; mixed al
falfa and Johnson grass, per ton, $21; C.
S. hulls, 100 lbs., $11 ton; mixed feed, $36;
oats, 66c bu.; corn, 31.10; rornmeal, 32.0n
per 96 lbs. New crop alfalfa, western,
125.
tildes and Tallow
Green salted hides. 14015c; partly
cured. 11014c; green. 110134c; damaged
and culls, one-half price; dry flint, 270£c
dry salted. 26026; dry culs, 124c; goat
•kins, 26040c; kids, one-half price; lamb
skins, 26036; sheep skins, 25075c; shear
ings, 16025c; green salted horse hides, No,
2s, W; glues and ponies, 3101.60; No. i
clear tubwashad wool, 0)033; burry, 13020.
20000c; wild ginsing, 3(08; cultivated gin
sing, 3305; golden seal, 33.6004; clear
grease wool, 10012c; slightly burry, 15018;
tallow, 600c; No. 2 tallow, 4c; beeswax,
COTTON MEN’tRY TO
ADJUST CONDITIONS
New York, September 1.—The con
ference of the special committees of
the Liverpool and American cotton ex
changes which are endeavoring to ad
just international accounts were re
sumed here today, but so far no of
ficial statement has been made re
garding the progress of the negotia
tions. Until there has been a final set
tlement of the foreign straddle, or
hedging interest, no active measures
are expected toward a resumption of
business in the local market. Reports
from the dry goods trade indicated
that the bearish crop figures issued by
Washington yesterday had encouraged
goods buyers to hold off for lower
prices. The local spot market remained
nominal.
Would Suapend Cotton Futures
Washington, September 1.—(Special.)
Representative Edmonds of Pennsyl
vania -today Introduced a measure to
authorise the Prosldent “temporarily
to suspend dealings on futures In any
Bxclianges In the United States of such
foodstuffs as enter into Interstate
:ommerct.“ c. E. 8.
«
DERRILL PRATT WEDS
PRETTY BOSTON GIRL
Derrill Pratt has been captured by
Cupid. The Birmingham boy, who is
starring for the St. Louis Browns, wred
Miss Leotine Ramsaur, whom he met on
a spring training trip to St. Petersburg,
Fla., yesterday in Boston. The event
was expected by the family, but not until
October 1. But Derrill could not resist
the wiles of Dan Cupid and surrendered
yesterday, marrying just after the game.
The romance started in Florida last
spring when the St. Louis Brow’ns were
in Florida on the annual spring condi
tioning trip. The star second baseman
met Miss Ramsaur, who has a winter
home in St. Petersburg, and a courtship
followed. So persistent was Derrill in
his wooing that Miss Ri'.meaur decided
to become his wife, but set the date on
October 1, after the close of the American
league season.
The star player had informed his par
ents—Mr. and Mrs. Q. W. Pratt—that the
event was not far off, but they were
deeply surprised when a telegram was
received announcing the nuptial. In all
probability, they will make Birmingham
their home.
Anticipation of the event evidently
forced Pratt off his game yesterday, for
It waS his two wild throws to first base
that gave Boston the first game. Pratt
is a local favorite, as he preceded his
professional career by a brilliant career
on the gridiron and on the diamond with
the University of Alabama.
RECEIVER IS NAMED
FOR THE TIDEWATER
UPON THE PETITION
OF THOMAS B. HALL
(Continued from Page Five)
tered Into have been changed by the
company and a modification of the con
tract became inevitable. Meanwhile the
construction company had proceeded with
the acquisition of highly valuable fran
chises and rights of way in reliance upon
the construction contract and had entered
into contracts with MacArthur Brothers
company, a sub-contractor, on the basis
of cost plus 15 per cent, and with Morris
Brothers, as bankers, through whom II
agreed to market the securities.
"With these engagements outstanding,
it was found Impossible to modify the
changed conditions until the construction
and delivery to the railroad of the city
division. In order to have an exact
basis for the adjustment of the contract
the construction company proceeded with
the work required by the railroad com
pany. all disbursements of every nature
being scrutinized by the railroad company
and carried on the books of the two com
panies at their actual amounts, without
profit or percentage. The bonds were
charged to the construction company at
the net amount realized by the construc
tion company under its contract with the
bankers: and It Is proper to state in this
connection that in accounting to the con
struction company for tlie securities on
the basis provided by that contract the
hankers have sustained a material loss.
This statement does not have reference
to the securities which were issued by
the construction company In payment for
franchises, which were not marketed
through the bankers. Exclusive of the
securities issued for franchises, etc., there
are outstanding $2,150,000 In bonds, which,
with the accompanying stock provided for
by the construction contract have been
accounted for to the railroad in cash ,at
S2t4.
r rttnuuHCH art vaiuanie
"The value of the securities paid for
franchises and rights of way fairly rep
resented cash outlays and expenses by
the interests which had originally se
cured the same or similar franchises and
rights of way. The franchises, including
th£ 99-year franchise through the city of
Birmingham, was and is of great value
and this franchise, with the other prop
erty and rights of way acquired, were
considered to be fully worth the value
of the securities Issued for same.
"Certain heavy Items of expense by
the construction company are found In
Its subcontract with MaoArthur Broth
ers company to whom a 15 per cent
profit on $1,100,000 construction was
paid, amounting to $165,000. To avoid
this expense the construction company
subsequently took over the work of
construction and completed the work
at cost, with no percentage added for
pi ofit.
"Additional heavy Items of expense
increasing the total bond issue are as
lollnws: One hundred ninety-six thou
sand dollars Interest on bonds during
construction and the unamortlzed bond
discount (reckoning the bonds at 8254).
referred to above and amounting to
$376,250.
“In addition to these expenditures,
the actual cost of construction proved
to be largely in excess of the engi
neering estimates, due both to errors
In those estimates, and to the delays
in construction Incident to the unpre
cedented depression in the marketing of
securities which has prevailed during
the entire period. Substantial expense
has been suetalnd in pushing the grad
ing of the line from Fairfield In the
direction of Woodward and Bessemer,
and in purchasing materials for the
construction of that extension. No re
turn has been realized on this cost.
"The lesult is that the earnings from
opeiutiona will not be sufficient to pay
interest oil ihe bonds outstanding and
at the same time maintain the property
and service In the state of efficiency
which the uniform liberality of the lo
cal public toward the enterprlA has
made mandatory upon the manage
ment.
"The cnly remedy seemed to be the
completion of the line to Besemer and
the construction of material street rail
way extensldhe of the system which
would provide feeders for the present
‘trunk lines and produce a materially
Increased revenue from operation, while
reducing the undue average length of
haul and car wile cost now obtaining.
These extension" could have been made
at comparatively low cost. The general
attitude of the commissioners of the
clj^ of Birmingham to the extension
was Jllieral and we feel assured that
entirely lensonable franchise condi
tions would have been Imposed, but the
lack of a market for the bonds and
the delay which would have been Inci
dent to the ucaulsltlon of necessary
rights over existing tracks into the
business center of Birmingham 5 have
made the undertaking impossible In
time to relieve the present situation.
The certainty that present conditions
will continue Indefinitely has forced the
management to the conclusion that It
would be Improper further to meet the
Interest on the bonds by loans or other
temporary expedients.
“For the reasons stated, It has been
determined that the company default
In the payment of the Interest coupons
due September 1, 1914.’’
Artillery Ordered to Panama
Washington, September 1.—Three
companies of coast artillery—one each
from Charleston, Savannah and Fort
Dupont—have been ordered to Panama
for duty at the canal fortifications.
General Weaver, chief of the coast ar
tlllsry, said tonight that the war de
partment planned to increase the canal
fore* as the fortifications were com
pleted and ultimately would station 12
companies of artillery in the canal
sons.
i
PETE KNISELY GETS
A SECOND WALLOP
Cub Batsman Hits Safely
Against Cincinnati
Reds
Pete Knlsely has another hit. The
heavy hitting outfielder l*s secured a
mate for his lone hit. His average Is
now, perhaps, as high as .040. Not only
did Knlsely register a safety tn the
pinch hitting role yesterday but con
tinued hW flight, scoring later.
Hank O'Day evidently has not lost
hope In the former Daron for he often
performs In pinch hitting capacity.
However, so far. he has done nothing
to vindicate O'Day's Judgment. His hit
was made against the Cincinnati Ilcds.
His first hit was yielded by the re
nowned Christy Matln-w son.
I-1
Probate Judge Declares
Commissioner’s Petition
Meets Requirements
The petition filed with Judge J. P.
Siiles of the probate court by James
Weatherly, candidate for re-election on
the board of city commissioners, was
found to be satisfactory yesterday and
a certificate showing that the names
of 600 qualified voters of the city had
been presented as required by law will
be forwarded to Mr. Weatherly this
morning.
The petition presented by the com
missioner contained over 3000 names
but as soon as Judge Stiles checked the
required 500 he quit the further exam
ination cf the petition, and declared
that the requirements of the law had
been met.
ALTHOUGH he was downed
by the Crackers, Curley
Brown neared the record set
by the renowned Christy Math
ewson for the conservation of en
ergy. It is recorded In the annals
of baseball history that the "Old
Master" once downed an opposing
team by pitching 80 times. Brown
Issued but 38 offerings to the
Crackers yesterday. Of the total
number of tosses, but 33 strayed
from the plate, while SB were
called strikes by Hreitenstein.
Perryman, the victorious flinger,
deserved to win. Ho was forced
to pitch IS more times than Brofcn
to nchleve a victory. The lanky
lwirier pitched 118 times, serving
38 balls and 78 strikes. Although
Brown twice retired the Atlantas
with six pitches, the elongated
Cracker could do not better than
-fcovoii.
EUnm required more effort to be
retired than did any other batsman.
In the second Inning Perryman
pitched 10 balls to Ellam before
the shortstop grounded out to El
bel. Three balls were mingled with
a called strike, a futile swing and
four fouls. The tenth toss was hit
on the ground to Elbel.
THck Rudolph, the Boston Brave
pitcher, has a much better view of
the platter than did the two fllng
crs. In a recent game the Boston
star served hut 14 halls during nine
Innings. Perryman yielded 38. while
Brown served 33.
Perryman pitched 21 times In the
fifth, before the Barons were re
tired. Brown served IS times in the
second to four batsmen. Perryman
was forced to pitch to five Bar
ons.
Every time Brown pitched to an
Atlanta batsman he received 40
cents. This Is calculated by the fol
lowing system. A star flinger In the
Southern gets *800 a month. Ordi
narily he will pitch but six games
a month. If he Is worked In turn.
Thus by pitching 98 times In a
game, which brings approximately
$10. over 40 cents Is the price of
a ball or strike. Perryman would
have received less than 86 cents a
Pitch, for he was more energetic.
Here Is the tabulated count of
halls and strikes during Tuesday's
game: (
BROWN.
B. S. To.
First Inning . 1ST
Second Inning ........ 9 10 19
Third inning ......... B 8 14
Fourth Inning ..3 10 13
Fifth Inning . 3 5 g
Sixth Inning . 3 8 1
Seventh Inning . 2 4 B
Eighth Inning . 1 6 B
Ninth Inning ..5 9 14
Totals ....88 65 88
PERRYMAN.
B. S. To.
First Inning!.. 16 7
Second inning ......... 9 10 18
Third Inning ......... 6 8 14
Fourth Inning ......... 3 10 1*
Fifth Inning ......... 6 15 II
Sixth Inning.. 7 8 15
Seventh Inning ........ 2 7 #
Eighth Inning 16 7
Ninth Inning.. 8 8 11
Totals . 88 78 118
EVANS ELIMINATED IN THE
NATIONAL GOLF TOURNEY |
First of Favorites to Lose
Falls Before Superior Play
of Eben Byers—Travers
Has Hard Fight
Manchester, Vt., September 1.—The first,
of the favorites for the national amateur
golf title was eliminated in the first round
of match play on the Ekwanok links to
day when Charles Evans, Jr., of Edge-,
water, national champion In 1911, and a
prominent figure in the recent open cham
pionship tournaments, was eliminated by
Eben M. Byers of the Allegheny Coun
try club. Pittsburg, national champion In
1906. and runner up in 1912 and 1913, by
a score of 1 up.
Byers won largely through his ability
to play his approach shots dead. At the
turn he was in the lead two up, but
Evans pulled up even on the twelfth when
Byers missed a short put. Once more
the Pittsburg man went Into the lead
when he took a three at the fifteenth
hole against four for Evans. At the
seventeenth hole Byers got into diffi
culties and the figures were only approx
imated when he picked up his ball, con
ceding the hole to Evans Byers topped
Ids drive and went into the ditch. In try
ing to extricate himself he succeeded only
In entangling himself still further, and
after six strokes he conceded the hole to
Evans, who was in position to make it
in hve.
Fails to Reach Fairway
The match was settled on the eighteenth
hole, where Evans also topped his drive
and failed to reach the fairway. His at
tempt to play short of the ditch with
his iron failed and although he made a
pretty play out, Byers took the hole and
the match.
Cards for this match were as follows:
Byers
Out . 664 343 584—36
In .534 343 585-40-76
Evans
Out .454 453 644—38
In .433 344 658-39-77
Jerome Travers, title hoMer, was car
ried to the aeventeenth hole before he
oould win from J. B. Schlottman of De
troit. The champion went out in 35 and
took 32 for the eight holes coming In. He
won 2 up. 1 to play. Their cards follow:
Travers—
«ut.545 422 444—35
In .434 445 64*—32—«I
Schlottman—
Out .444 463 644-37
Tn .,..434 443 46*-37-74
Travere will meet Byers tomorrow In
what is expected to bo the feature match
of the tournament.
Francis Oulmet had to play the full
round to dispose of H. B. Marston of
Baltusrol. Oulmet went around In 74,
his opponent In 75.
Old records for national amateur golf
championship tournaments were broken
when the qualifying rounds were finished.
Ray R. Gorton Braeburn and \V. C.
Founes of Oakmont established new fig
ures for the 35 hole qualifying title with
144 strokes each. The best previous rec
ord was 145 by Walter J. Travis In 1907.
Summary:
First Round Match Play
VV. J. Travis, Garden City, heat R. 8.
Worthington, Shawnee. 7 and ft.
H. K. Kerr, Ekwanok. brat Harold
Webber, Toledo. 4 and 2.
Roy D. Webb, Englewood, beat John
G. Anderson. Braeburn, 1 up.
Jesse Guilford, Intervale, beat Fred
Herreahoff, Ekwanok. 3 and 1.
E. M. Byers, Allegheny, beat Charles
Evans. Jr., Edge water, 1 up.
Jerome D. Travers, upper Montclair,
beat J; B. Schlottman, Detroit, 2 and 1.
A. F. Rammer, Foxhllls, beat R. W,
Brown. Meadowbrook, 7 and ft.
W. I*. Seely, Brooklawn, beat W. H.
Cady, Braeburn. 1 up (20 holes).
John N. Stearns, third, Princeton, beat
E. P. Allis, third, Milwaukee. 5 and 4.
R. R. Gorton, Braeburn, beat S. K.
Sterne. Tatnuck, 1 up.
R. M. Lewis. Ridgefield, beat B. War
ren Cork ran, Baltimore, 1 up (19 holes).
W. C. Founes, Jr., Oawmont, beat J.
M. White. Flushing. 3 and 2.
U. A. Gardner, Hinsdale, beat Louis
Jacoby, Dalian, 4 and 3.
F. A. Martin, Ekwanok, beat E. M.
Barnes, Englewood, 3 and 2.
W. O. Howland, Jr., Chicago, beat D.
Clark Corkran, Baltimore, 1 up.
Francis Oulmet, Woodland, boat M. R.
Marston, Baltusrol, 1 up.
'Away Above Everything’*
(HMiiMiiiMiiiiiiiimmmiifA . V Ik //^
| UHLAN—World’s Greatest Trotter
BILLINGS’ trotting gelding, Uhlan, made historic the 1911 meet at Cleveland, E
S’ J when,.on August 11, he lowered the world's record held from 1906 by Major 3
S Delmar, by covering the half-mile to wagon in 56% seconds. This clipped 3% 5
S seconds off Major Delmar’s mark.
B" Uhlan’s new record is not only the world's trotting record to wagon, bat
even tester than Major Delmar’s record of 59% seconds to sulky and only «
quarter of a second slower than Dan Patch's paced half-mile to sulky behind a
wind shield.
66 five
^ “Away Above Everything*
In the race for popular favor, Lewis 66 Rye shows its
“heels” to all comers. Year after year its sales have increased
by leaps and bounds.
Because of its proved purity, fine flavor and all-round
goodness, Lewis 66 Rye has for nearly fifty years been
the accepted uStandard Whiskey of the South.” , |pl
Casa of Four Full Quarts $5.00. Express Prepaid. Sj
For Sale By WILLIAM WISE CO. *
Distributers Birmingham, Ala. i
THE STRAUSS, PRTTZ CO. DUHlkn OudnasH l| .
iimmmwinniiunniuimmimiiiiuiiimmmimiuHiniiiiHui ■!
%
• ^ #

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