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The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, February 16, 1915, Image 9

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EFFECT OF THE WAR
|. IS FELUN STOCKS
Foreign Exchange Markets
Upset and Much Concern
Is Shown
Now York, Feb. 13.—Demoralization in
| the foreign exchange markets, as indi
cated by a further decline in cables and
other remittances on London to the low
est rates within the recollection of vet
eran bankers, and increased concern re
specting the diplomatic situation over
shadowed all other considerations in to
f day’s stock market. Sight drafts on
1 London fell to 481 and continental ex
change was affected to a like degree,
' even Switzerland. Italy and other neu
i tral nations reflecting the abnormal sit
uation now prevailing in all the financial
markets of the old world.
The break in London exchange followed
| enormous offerings of commercial bills
I acquired by our bankers and merchants
in connection with heavy sales of our
commodities and merchandise abroad. In
the opinion of experts, exchange between
New York and most European centers
will continue to decline unless the Bank
of England releases more of the gold
bow held to its credit at Ottawa.
Another interesting foreign develop
ment, which bore more or less directly
upon the exchange situation, was the
announcement made by representatives
of the British government that no Joint
war loan was contemplated by the allies,
but that the smaller states which espouse
that cause will be financed as conditions
and requirements arise.
Stocks moved in perfunctory fashion,
their rise and fall being dominated by
the professional element, wmch seem dis
posed at the outset to cover outstanding
commitments. Later the short interest
became moderately aggressive, leading
stocks falling from one to almost two
points under their best prices of the early
session. In the final dealings support
gave a better tone to important shares.
The closing, however, was somewhat ir
regular.
Mexican petroleum, the recent rise of
which had occasioned much comment,
fell over four points and a few other
specialties were heavy. Another upward
movement in stocks and bonds of the so
called Hawley group was without effect
on the more seasoned securities.
Bonds were heavy, with especial pres
sure upon the international division. To
tal sales, par value, aggregated $2,196,000.
United States registered 2s advanced 1-8
per cent on call.
Bonds
U. S. 2b. registered . 98%
U. S. 2s, coupon. 98%
U. S. 3s, registered. 101%
U. S. 3s, coupon. 101%
U. S. 4s, registered. 109%
U. S. 4s, coupon. 110 Vs
Panama 3s, coupon . 101 %
Central of Georgia Es . 101 Vi
Illinois Central ref. 4s . X6
Louisville & Nashville un. 4s.... 93%
Seaboard Air Line adj. 5s . 65%
Southern Railway 5s . 99%
Southern Railway gen. Ts. 66%
U. S. Steel 5s . 101 Vi
Mercantile Paper
New York, February 15.—Prime mercan
tile, 3%@4 per cent. Sterling exchange
jweak; 60-day bills 84.07.90: for cables,
(4.81.35 per cent. For demand, 4.81.00 per
Voent. Bar silver. 48% per cent. Mexican
'.dollars, 37% per cent. Government bonds
/firm. Railroad bonds heavy. Time loans
steady; 60 days, 2%©2%c. Ninety days,
2%®3 per cent. Six months, 3%©3%. Call
money steady. High, 2 per cent. Low,
ITsC. Ruling rate, 2 per cent. I .a-St loan,
2 per 'Cent. Closing bid 1%. Offered, 2c.
London. February 15.—Bar silver 22%d.
per ounce. Money, 1 per cent. Discount
rates; short bills, 1 7-16 per cent; three
months. 1 7-16 per cent.
Live Stock Market
Kansas City, February 16.—Hogs:
Receipts, 8500: higher: bulk, $6.65©
6.75, heavy $G.6G®6.75, packers $6.85®
6.80.
Cattle: Receipts, 3500; strong: prime
fed steers, 87.75® 8.50. dressed beef
steers $6,604*7.50, southern steers $5.50
4?6.75. cows $1,254*6.25, heifers $6©
^ 7.85, stockers $5.50® 7.
Sheep: Receipts, 9700; higher: lambs
$8©S.50, yearlings $6,754*7.75, Wethers
$6.25®6.90, ewes [email protected].
St. Louis, February 15.—Hogs: Re
ceipts. 2700; higher; pigs and lights
$5.75®7, mixed $6,804*7.05.
Cattle: Receipts, 4000; slow; native
beef steers $7®8.50, cows and heifers
[email protected], stockers $5.25©7.25.
Sheep: Receipts. 2300; higher: native
muttons $54*6.60, lambs $8© 8.00,
yearlings $7®7.50.
Chicago, February 15.—Hogs: Re
ceipts, 54,000; lower; bulk *6.70®>6.80,
light $6,604*6.90, mixed $6.554*6.85,
heavy $6.45496.80, rough $6.45©6.05.
pigs $5,506*6.85.
Cattle: Receipts, 22,000; weak; na
tive steers $5,354* 8.50, cows and heif
ers $3©7.65* caives [email protected].
Sheep: Receipts 11,000; firm: sheep
$6.26® 7.10, yearlings $7.35® 7.SC,
lambs $7.15® S.63.
Cotton Seed Oil
New York, February 15—Cotton seed
oil sold down 5 to 6 points early for
leading months under liquidation on
the decline in lard, but later rallied
partially on scattered buying of late
positions for long account and with
the strength In grain nnd cotton. Final
Pti©cs were 3 points lower to 0 net
higher. Spot, 7.05®7,20c; February. 7.10
©7.20c; March, 7.14©7.20c; April, 7 21
r ®7.25c: May. 7.25®7.27c; Jutfc, 7.36®
7.39e; July, 7.44© 7.46c; August, 7.55®
i.57c; September, [email protected] tota:
sales, 9100.
Sugar Market
New York, February 16—Sugar futures
were under continued scattering liquida
tion promoted by the lower spot market
and the improving freight situation in
Cuba. Trading was only moderate with
prices at noon 5 to 6 points net lower.
Raw BUgar nominal. Molasses $3 87
Centrifugal. $1.64. Refined easy, cut loaf
$6.65. Crushed. $6.65. Mould A, 6.20.’
Cubes, $6. Powdered, $5.90. Powdered, $6.85!
Fine granulated, *6.75. Diamond A, $5 75
Confectioner's A, *5.65. No. 1, $5.50.
Nef York. February 15.—Covering ad
vance the near months In the afternoon
and the market eloBed steady 5 points
higher to 5c lower. Sales. 6950 ton's
February, #3.50; May, *3.64; June. *3.69;
July, $3.74; September. $3.83.
J$aw sugar closed easy with sales of
100.000 bags of centrifugal for March
shipments at *4.51. Spot closed at *4.51
and molasseB sugar at $174.
Coffee Market
New York, Feb. 15.—There was quite a
sharp brealt In coffee futures during to
day’* earlier trading and after opening
Hubbard Bros. & Co.
Cotton Merchant*. Hanover Square, 1$.
- V, Members New York Cotton Exchange,
- New Orleans Cotton Exchange, New
" rk Produce Exchange, Associate
-imbers Liverpool Cotton Association,
dera solicited for the purchase and
le of Cotton and Cotton Seed Oil for
ture delivery. Special attention and
L >eral terras given for consignments of
iot cotton for delivery. correepond
'--r.ee iavltMk
1
_CLOSING STOCK QUOTATIONS
sales. High. Low. Close.
Amal. Cop.7300 64 *« OSS 54 It
Amer. Agrlcul. 49*^
Amer. Can .2000 28% 27-V- 28'4
Amer. C. & F. 44*4
Amer. Cities pfd. 60
Amer. Cot. Oil ... 800 46*4 46‘i 469i
Amer. Smelt. .. .14600 66*4 6614 6514
Amer. Snuff.148
Amer. Sugar- 700 104 103 103
Amer. T. & T- 900 12014 11914 120
Amer. Tob. 100 229 229 229
Atchison.2100 9414 93*4 94**
Atlantic C. L..104
Balt. & Ohio .... 900 69 68*4 6834
Can. Pacific.3700 15874 167 167*4
Cent Leather ...1100 3674 35 3614
Ches. & Ohio. 200 42 4144 12
Chi., M. & St. P.. 900 8674 S57» 86
Erie .1900 2214 2114 2114
Gen. Effec.142
Gt. Nor. pfd.1100 11574 II014 115Vj
Illinois Cent. 105s*
Interb-Met. pfd . .1800 581, 56** 5711
K. C. Sou.'.,. 400 23 22s, 22?»
Lehigh Val.2200 133 132 >4 132^
Louis. & Nash... 100 117 117 117
Liggett A Myers. ... .203
Lorillard Co.180
Mo.. K. A T. 100 10s, 10*8 10*4
Mo. Pacific.4200 II', 10'*a 10*4
Sales. High. Iiow. Close.
Mex. Petroleum . 21400 76% 71 % 72
NT. Y. Central_ 600 85 83% 84%
N. Y., X. H. &
Hartford. 800 4 9 49 49
Nor. & West. ..1800 100 99% 100
Nor. Pacific.1100 103% 102% 102%
Penn.1400 105% 105 105%
Reading .23400 144% 143% 143%
Rep. I. & S. 20
do pfd ■ .. 75
Rock I. Co. %
do pfd . 300 1 % 1 % 1 %
Sv. L. & San F.
2d pfd. 3%
Seaboard A. L. 13
do pfd. 37
Sloss-Shcff. S. &
Iron . 25
Sou. Pacific.5600 S4% 83% 84%
Sou. Railway ... 700 15% 15% 15%
do pfd . 4f»0 50 50 50
Tenn. Cop. 600 30 29% 30
Texas Co.131%
Texas & Pacific. 12%
Union Pacific ..11100 120% 119% 119%
Q. S. Steel.36000 43% 42% 43%
do pfd . 500 104% 104% 104 %
Utah Cop.3100 58% 52% 52%
Va.-Caro. Chem. 27%
West. Union .... 900 64 63% 64
Bet hie. Steel i 10 66% .''4% ,
■ iur me uny, Jii.su" snares.
LOCAL SECURITIES
■■ ■ I -.1 1 111 ■ ■ ■■■ ■ ii-M . ■Jf.l ' . 1 ■
STOCK S
Ala. F. ft 1. 4 42 52
Amer. C. Rys. pfd .. 6 50 52
Amer. C. Rys. .. 17
Amer. T. ft Sav. Bk... 8 1«0 170
Avondale Mills, com. ..I 95 106
Avondale Mills, pfd... S 100 108
Bessemer C. ft 1. 45
B'ham T. ft a .18 885 255
B’ham Baseball Asao.. 140 170
B'ham R. L.. & p. com 72
B'ham R., L. & P., pfd 77
B'ham Realty Co. 4 160 176
Cham, of Cota., pfd.... 7 80 70
Corey Land . (0 75
East Lake Land . .. 75
Elmwood Cem. Co. .... 4 55 75
Empire Im., pfd . t 100 102
Empire Ini., com. 5 70 85
Ensley Land. 86 110
First Nat. Bank .12 235 256
Oreat Sou. Ufa . 9 11
Interstate Casualty .. 1 3
Jefferson Fertilizer ... 8 106 120
M. & M. Bank . 6 116 125
North B'ham Land ... 16 22
Realty T. C.. com. 5 100 110
Realty T. Co., pfd_8 100 110
Sou. States Fire . 1 8
Traders Nat. Bank_ 9 150 180
BONDS
Ala. State ref. 19*0 ... 4 #4 10#
Ala. State Renew, 1956 3*4 10 86
Ala. State Renew. 196# 4 97 101
Amer. C. Rys. 5 85 88
Ala. Cona . 6 76 80
Bessemer C. A 1.8 100 103
B. R., L. A P. 6 96 39
B. R„ L. A P. 4*4 88 90
B'ham Ice Factory .... • 100 10#
B'ham R. & E. 6 99 101
B'ham Y^terworks .. • 102’ 105
City of Birmingham .. 6 100 104
City of Birmingham .. 6 96 101
Continental Gin .. S 100 106
Jefferson County .6 101 104
JefTerson County . < 102 107
JefTorson County . 4*4 95 101
Jefferson Realty . 8 100 106
Milr.er Land Co. . 8 96 101 —
Nashville Railway .... 6 99 101
Pratt Consolidated .... 5 ■ 77 81
Sloss I. A S. 6 99 100
Sloss LAS. 4*4 92 95
T. C. L gen. mtff. .... 6 96 100
T. C. I. Tenn. Dlv. 6 99 103
T. C. I. Ship BUI it. ... 6 101 105
T. C. I. B’ham Dlv..... 6 99 103
1. C. I. Cahaba Div. .. . 6 100 103
Woodward Cons. 6 96 102
.
-s—~
Depressed During the Early
Trading at New Orleans.
Close at Gain
New Orleans, February 15.—While
rrices were depressed in the early
trading in cotton today they made a
sharp recovery before the day was
Aery old and in the early afternoon
were 3 to 4 points over last week’s
linal figures. The close was at a net
gain of 2 to 3 points. At the lowest
the market was 8 to 9 points under
Saturday’s close.
Selling in the morning was stimu
lated by the census bureau report on
American consumption, due Januaiy, of
468,877 bales. Bears considered this un
favorable because it was well under
the consumption for the corresponding
month last year and because they
claimed It did not fit in with bullish
tales of a big business among the tex
tile centers of this country.
In the morning considerable ?bort
selling was done but jwhen shorts tried
to cover at a profit they found few con
tracts for sale and the market made
a quick upward spurt. In the after
noon offerings Avere scanty and the
market had a firm undertone. The hol
iday tomorrow was against fresh trad- ,
ing In any volume.
New Orleans, February 15.—Cotton
opened barely steady: March, 8.07c; j
May, 8.32c; July, 8.51c; October, 8.77c,
December, 8.91c.
New Orleans Cotton Futures
NeAAr Orleans, Februifry 15.—Cotton
closed steady at a net advance of 2 to
3 points.
High. Low. Close.
March. 8.14 87l5 8.16
May . 8.44 8.32 8.43
July . 8.63 8.51 8.62
October . 8.87 8.75 8.85
December . 8.92 8.91 9.00
New Orleans Spot Cotton
New Orleans, February 15.—Spot cot
ton quiet, unchanged: sales on tho spot,
485 bales; to arrive, 2240; good or
dinary, 6 5-16c; strict good ordinary,
6 13-16c; low middling, 7 5-16c; strict
low middling, 7 lJ-16c: middling.
8 l-16c: strict middling, 8 5-16c; good
middling, 8 ll-16c; strict good middling,
9 l-16c; receipts, 12,256; stock, 411,220.
Montgomery Market
Montgomery. Feb. 16.—(Special.)—Spot
cotton was quoted here today as follows:
Middling, fair old nothing, 8.76c; strict
good middling old nothing, new 8.38c;
good middling, ol(b 8c, new 8.20c; strict
middling, old 714e, new 8c; middling, old
7Hc, new 7.66c; strict low middling, did
7&c, new middling 7.28c; low middling,
old 6c. new 6.76c; strict good ordinary,
old 5%c, new 6.25c; good ordinary, old
6vic, new 5.88c. Marlfet quiet
one point higher to two points lower,
active months sold some 15 io 20 points
under Saturday's closing figures. There
was scattered liquidation and some trade
selling on the decline, but prices rallied
partly In the later trading with the close
at a net decline of 2 to 10 points. Sales,
27.000. February. 5.60c; March, 5.56c;
April, 5.62c; May, 6.73c; June. 6.76c; July,
6.75c; August, 6.84c; September, 6.93c; Oc
tober. 6.99c; November, 7.07c; December,
7.16c. Spot Irregular. Rio No. 7, 7”4o;
Santos No. 4, 99ic. Tho Jlrazlllan cables
reported a decline of Hd in the rate of
Rio exchange on London, and the Rio
market was 75 reis lower, while Santos
was unchanged. Brazilian port receipts,
61,000; Jundlahy, 26,000. Cost and freight
offers were ubout unchanged, ranging
around 6.96c to 7.10c for Rio 7s, and 8.*6c
to 9.25c for Santos 4s.
Metal Market
New York, Feb. 15.—Dull tin *36.00®
37.00. Copper steady. Electrolytic *14.62
@14.87. Casting [email protected]. Iron steady.
No. 1 northern *[email protected]; No. 2 *14.26®
14.75; No. 1 and No. 2 southern, *14.26®
14.75. At London spot copper, £68 2s 6d.
Futures, £68 12s M. Spot tin, £178; fu
tures, £166.
Lead steady, *[email protected]. London, £19.
Spelter firm, * 6608.90. London, £39 15s.
Naval Stores
Savannah, Feb. IS.—Turpentine firm, 42
@42**c; sales, 571; receipts, 66; snlpments,
IT; stdek, 35,312. Rosin firm. Sales, 266;
receipts, 766: shlpmsnts, 74; stock. 137,663.
Quote: A. B, 2.9*c; C, D, 3.00c; E, F,
3.06c: G. H, I, 3.10c: K. 3.35c; M, 4.00c; N.
5.00c; WO. 6.49c; WW, 5.64c.
l : ‘- .V r
WHOLESALE TRADE !
Shipments of Bulk Grape
fruit and Oranges
Received
Business on Morris avenue began yes
terday with a fairly good demand in
most lines. Fruits and produce sell
briskly and supplies are arriving in good
shape. A carload of bulk grapefruit
Has among the arrivals yesterday. The
fruit came in barrels, and is said t«>
be the first shipment of the kind re
ceived in this city. The quality of the
Florida fruit Is good. Bulk oranges arc
also arriving.
The local flour and grain markets are
unchanged, and cotton is firm on a basis
of h cents for good middling.
LOCAL QUOTATIONS
Spot Cotton
Good middling: ... 9
Strict middling . 7%
Middling . 79,
Strict low middling .
Th* Iron Market
.HO.CO01O.6*
.O.6O01O.U!)
. 9.0009.60
Gray For**. 9.6009.00
if .*10.00010.80
-s . 9.60t 10.00
Poultry and Ere*
H«na, 16c.
Live turkeys,-Me; dressed turkeys. 20c.
Fryer*—1 >4-1 Vi lbs. average, 19c.
Duck*—16c lb.
Guinea*—30c.
Rooster*—16c.
Geese—76090c.
Fresh country eggs—23c; fresh candled.
22-23c; graded carton eggs. 26s.
M**t*
Fresh country eggs-23c; fresh candled—
22o to 23c; graded carton eggs—25c
Extra Ribs—11c.
Bellies—20-26c; 12c.
Boston Butts—12c.
Pork Loins—12Hc.
Breakfast Bacon—23c.
Spare Riba—9V4c.
Regular Hams—15V4c.
Skinned Hams—16c.
Fruit* and Produce
Lemons—93.oO.
Limes—*1.25.
Florida Oranges—31.7502.26.
Barrel Oranges—*2.6002.75.
Grapefruit—*] .7602.26.
Tangerines—31.76 per strap; *2.60 per box.
Florida Strawberries—30040c qt.
Apples—York Imperial, *303.50; Bald
wins. *303.60; Ben Davis, *2.500-3; box
apples, *1.2601.76.
Peanuts—6V406V4C per lb.
Malaga Grape*-(60« per keg.
Tomatoes—(2 6003 per crat*.
Cocoanuts—*4 per sack.
Cranberries—Per box. *1.7502; p*r bar
rel. *7.
Celery—Florida, per crate, *2.50; 76c
dozen.
Walnut*—16020c lb.
Pecans—12Vi02Oc per lb.
Filberts—15c per lb.
Almond*—20c per lb.
Chestnut*—9c per lb.
Lettuce—*1.25©2.2i hamper.
Eggplants—*3.60.
Green Peas—*3.
Green Beans—*3.60.
Onions—2V4c per lb.
Spanish Onions—*1.76 per crate.
Sweet Potatoes—(1 per bushel.
Irish Potatoes—76c per bushel.
Cabbage—2c per lb.
New Cabbago—*2 per crate.
London Layer Raisins—*1.75.
California Figs—*2 per ease.
Seed Potatoes—*101.20 bu.
Onion Sets—*1.7602 bu.
Creamery Products
Creamery Butter-32036Vic. process but
ter, toe; oleomargarine. l*0Mn.
Full Cream Cheese—17c; imported Swiss
He; Pimento, do*., HA *
Fiah -
Perch—*c.
Balt Water Trout—llM012c.
Blue CatOeh—*14c.
Red Snapper—SVi09e.
Gray Sn*pp*r-406c.
Mullet—*©0c.
Spanish Mackerel—12VaCUo.
Fresh Pompano—*O0Oin
Delaware Oysters—Standards, *1.16 gal.
Ion; selects. *1.40 gallon; extra selects,
*1.60.
Quit Oyster*-1101H per UN.
Hide* and Tallow
Green salt hide*. 16017c; grass salt
hides (half cured), 16016c; green hide*,
(fresh). 14016c; dry |Unt hides, 2103*0;
dry salt hides. 26027c; damage* hides,
half price; sheep skins, 60060c; horse
hides. 9203.60; sberllngs, 16036c; goat
skins, 30036c; kid skins. 10c; tallow, 60c; 1
skins. 30036c; kid akini, Me; tallow, 606c; 1
Europeans Take Advantage
of Saturday's Decline
and Buy Heavily
Chicago. February 5.—Export business
on an immense scale lifted the wheat
market today in a hurry. The out
come was a strong: elose at 4% to ,V«
net advance. Corn gained U®** to %.
and oats to %. Provisions finished
unchanged to 5c. down.
Europeans had been quick to take ad
in wheat here on Saturday. Cash sales
since then to foreigners were said tc
aggregate .1.000,000 bushels.
No important bear reaction took place,
the wind-up being at nearly the highest
level of the session.
Corn displayed sympathy with wheat,
but was handicapped by the stocks in
sight being the largest on record.
Trans-Atlantic call made oats firm
throughout the day. Country offerings
increased somewhat on the bulge.
Plentiful receipts of hogs tended to
weaken provisions.
Chicago, February 15.—Grain and pro
visions.
Wheat— Open. High. Low. Close
May . 1.64 1.59% 1.54 1.59%
July . 1.31 1.34% 1.31 1.34%
Corn—
May . 79% 80% 79% 80%
July. 80 % 82 80% 81%
Oats—
May . 60% 61% 60% 61
July . 56% 57% 56% 57%
Pork—•
May .18.85 19.00 18.S2 18.87..
July . 19.10 19.35 19.22 19.27
Lard—
May .10.87 10.92 10.77 1ft.8ft
July.11.00 11.02 10.92 10.95
Ribs— -
May .10.15 10.25 10.15 10.20
July .10.40 10.4 7 10.40 10.42
St. Louis Grain
St. Louis. February 16.—Wheat: No. 2,
red. $1.55®1.57%; No. 2 hard. $1.5S®1.62;
May, $1.54%. Corn: No. 2, 76%c; No. 2,
white. 77c.: May. 80®80%c. Oats: No. 2,
58®68%c; No. 2 white, 59%c; May. 60%c.
Chicago Grain
Chicago. February 15.—Wheat: No. 2
red. $1.5401.60%: No. 2 hard $1.G6®1.60%;
Rye: No. 1. $1.26. Barley. 79086c. Timothy.
$5,500-6.50. Clover, $12.00014.50. Pork, 17.00
014.60. Lard, $10.40. Ribs. $9.2509.75.
Kansas City Grain
Kansas City, February 15.—Wheat: No.
2 hard, $1.5401.65; No. 2 red, $1.55. Corn:
No. 2 mixed, 74®74%c; No. 2 white. 7S®
78%c; No. 2 yellow, 75c. Oats: No. 2
white, 57%®S8c; No. 2 mixed, 54c.
Produce Market
New York, February 15.—Butter
weak: receipts, 7452: creamery extras
(92 score), 30%®31c; creamery (high
er scoring), 31 %® 32c; creamery firsts,
280 30c: creamery seconds. 26027 %c.
Eggs unsettled; receipts. 7335; fresh
gathered extra fin*1, 23% ® 26c; fresh
gathered extra firsts, 25c: firsts, 24®
24%o: seconds, 23023%c; nearby hen
nery whites. 3 4035c. Cheese firm.
4938; state whole milk, held, specials.
17%®17%c: state whole milk, average
fancy, 16 %® 17c. Dressed poultry,
strong western roasting chickens. 17
@21c; fresh fowl?, 14%@18%c; turkeys,
14® 22%c.
Chicago. February 1$.—Butter 1 )Wer,
creamery, 24c to 29%®30c; eggs, high
er; receipts. 6506; at mark, cases In
cluded. 22®24c; ordinary firsts, 23c:
firsts, 24c; potatoes lower; receipts. 76;
Michigan, red, 40® 42c; Michigan, Wis
consin, w'hite, 400 47c.
St. Tx>uis. February 15.—Poultry,
chickens, 12c; springs. 15c; turkeys.
16c; ducks, 13%c; geese, 12c; butter,
creamery, 33c; eggs, 24%®25c.
Kansas City, February 15.—Butter,
creamery, 30c; firsts, 27c; seconds, 25c;
r acking, 20%c; eggs, firsts, 21 %c; sec
onds, 17c; poultry, hens, 13c; roosters,
10%c; turkeys, 15c.
New Orleans Rite Market
New Orleans, February 16.—The tone
in rice was strong today, there being
an active demand for the rough grade.
Quote: Rough Honduras. 2.50® 1.50c;
japan, 2.75®4.40c; clean Honduras, 4%
®5%c; Japan, 8%@4%c; rice, polished,
per ton, $24026; bran, $1801!); re
ceipts, rough, 4310; millers. 3957; clean,
3262; sales, 985 sacks rough Honduras,
fat 404.25c: 339 pockets clean Honduras
at 3% ® 3 %c.
How Peanuts Are Salted
rrom the New York Time*.
There are two distinct kinds of salted
peanuts, according to A. P. Qrohens, an.
authority on that, subject. The ordinary
kinds are the ones prepared from Span
ish shelled peanuts, unblanched, or in
other words, with the skins left on. Tho
other class of salted peanuts is prepared
from the Virginia varieties and blanched.
The blanched salted peanuts are usually
put up In small paraflned paper sacks to
prevent early deterioration.
To prepare the unblanched varieties of
salted peanuts the manufacturer makes
use of a copper kettle or of an iron steam
packoted kettle. This kettle Is partly fill
ed with vegetable fat or “konnut.” When
this fat has come to the boiling point,
the peanuts, by means of a wire basket,
iro lowered into the vat and boiled to a
straw color. When done the wire basket
Is raised above the fat to allow the oil
to drain off, and then the nuts are dis
charged Into a suitable vessel or trough,
where the salt Is applied while the nuts
ire still hot.
The making of blanched peanuts re
quires a different process. The Virginia
shelled peanuts are roasted In a special
roaster to a light straw color. After this,
ind as soon as they are ceiled off, they
pass through the automatic blancher,
which removes the red skins as well as
Jie bitter germs or sprouts. The nutp
ire than salted. In order to produce a
■eady cohesion for the salt It Is necessary
to use a little cocoa oil, which Is sprinkled
>ver the nuts, and they are mixed before
the salt Is applied.
The Wily Chinese
From the London Chronicle.
A friend of mine has Just returned from
i remote part of China, where he has
icen laying a railway. He teils me the
)lg difficulty was the graves of Chlna
nen, over which, of course, no railway Is
(opposed to run. At the outset It looked
is if his line, in avoiding these, would
lecome "stralghter than a corkscrew, but
lot so straight as a rainbow. Then he
ioncelved the notion of buying up graves
hat lay on the coming line of route. The
wily Chinese were equal to him, for they
lug up the bones of their ancestors and
Uanted them ahead, right In the line of
idvance. My friend fears that often'he
laid three times for the same old bones;
>ut ultimately he completed the railway,
which now runs in a fairly straight line
sxcept for the first mile or two.
ilean unwashed wool, 20®23c; burry wool,
ISOl&c; ginseng. *405
Flour and Breadstuffs
Self-rising flour. *6.60; Tennessee flour,
IS; Michigan flour, *3.W; Idaho flour,
1.20; Indiana flour. IS.20; spring wheat
lour. *8.66; hard winter wheat flour, *8.30;
■horts, 533; pure wheat bran, *33; C. S.
neal. 7% per cent, *30; Cremo meal, per
on, *26; C. S. hulls, *11 ton^No. 1 timothy
lay, per ton, *26; mixed alfalfa and John
ron grass, per ton, *19; pea green alfalfa,
western. *26; mixed feeds, per ton, *16; I
iats, per bushel, 76c; corn, per bushel, |
1.08; com meal, *1.8& per 98 pounds.
COTTON RALLIES
AFTERAOECUNE
New York Market Unset
tled But the Close
Is Firm
New York. February 15. Cotton was
more or less unsettled today, but prices
Tallied after an early decline and closed
Arm at a net loss of 4 points to an ad
vance of 6 points. March was 4 points
lower, while later deliveries were general
ly 2 to 6 points net higher.
The market opened steady at a decline
of 5 to 8 points in sympathy with rela
tively easy cables and active months sold
about 7 to 9 points net lower during the
early trading, under a renewal of a sell
ing movement which developed hero at
the end of last week. The talk around the
ring reflected continued nervousness over
the shipping situation with predictions
of increased southern Hpot offerings with
the approach of the new crop planting
season, appeared to he chiefly responsible
for the decline.
There was a good deal of buying on a
scale down, however, which seemed to
be pretty evenly devidided between the
replacing of long contracts by old longs
and a trade demand attributed to cov
ering hedging against sales of spot cotton
to spinners. This support checked the
decline around 903 for October, or prac
tically one-half u cent below the high
records of the season, and trading later
became less active, with prices work
ing upward on a covering and bull sup
port. The close was at practically the best
point of the day.
The census figures on supply and distri
bution appeared to create no fresh senti
ment of consequence, while the rally was
aided by the relatively heavy spinner’s
takings for last week and the continued
free export movement. It is reported that
there are 60 steamers waiting to load at
Savannah, but there was some selling
here by foreign houses during the early
trading, which local traders thought
might possibly represent hedging of cot
ton held In the south awaiting shipment.
New York Cotton Future**
New York, February 16.—Cotton
closed firm.
High. Low. Close
March ............... 8.45 8.37 8.42
May . 8.71 8.60 8.79
July . 8.90 8.78 8.90
October . 9.16 9.03 9.13
December . 9.32 9.20 9.30
Port Cotton Movement
New Orleans: Middling. 8 l-16c; receipts,
12,256; exports, 15,095; sales, 2725; stock,
411,320.
Galveston: Middling. 8.46c; receipts, 20,
219; exports, 6832; sales, 1336; stock, 613.265.
Mobile: Middling, 7%c; receipts. 737;
sales, 160; stock, 47,758.
Charleston: Middling, 8c: receipts. 2032:
exports, 14,800; stock, 1J4.414.
Wilmington: Middling, 8c; receipts, 1577:
stock, 65,354.
Texas City: Receipts, 3291.
Norfolk: Middling. 7.88c; receipts. 4899:
sales, 395; stock. 87,824.
Baltimore: Middling. 8%c; exports, 3090;
stock. 2782.
Boston: Middling. 8.56c; receipts. 371;
stock, 11,100.
Philadelphia: Middling. 8.80c; exports,
2068; stock. 7550.
New York: Middling, 8.86c; receipts. 0491;
exports, 2400; stock, 115.3UJ.
Savannah: Middling 814c; receipts. 13.
233; exports. 29,796;. sales, 2254; stock,
285.668.
Minor ports: Stock, 129,361
Total today: Receipts, 59.106; exports,
73,919; stock. 1.881,604.
Total for week: Receipts. 1U.209. ex
ports, 127.449.
Total for season: Receipts, 7,400,248; ex
ports 4,045,819.
Interior Cotton Movement
Houston: Middling, 8.40c; receipts, 29.
177; shipments, 30,816; sales. 124n; stock,
205.668.
Memphis: Middling. 7,88c; receipts. 6183;
shipments. 6797; sales. 1600; stock. 225.419.
Augusta: Middling, 7.87V&C; receipts,
1315; shipments, 1183: sales. 1284; stock,
148.299.
St. Louis: Middling. Sc; receipts, 2421;
shipments, 2930; stock, 37.673.
Cincinnati: Receipts. 1023; shipments,1
1175: stock. 11,227.
! Little Rock: Middling, Sc; receipts. 817;
shipments. 1221; stock. 59.514.
j Total today: Receipts, 40,939; shipments,
j 11.122; stock. 687,700.
| Dallas; Middling. 8c; sales. 1660.
New York Spot Cotton
New York. Feb. 15. Spot cotton quiet.
Middling uplands. 8.56c. No sales.
New York. Feb. 16.—Cotton futures
opened steady March, 8.38c. May, 8.61c;
•lune, 8.68c; July. 8.81c; August. 8.88c;
September, 8.95c; October. 9.06c; Novem
ber. 9.12c; December, 9.23c; January, 9.30c.
Liverpool Cotton
Liverpool, Feb. 15.—Spot cotton steady,
flood middling. 5.24d; middling, 4.92d; low
middling, 4.old. Sales. 6000. Speculation
and export, 1000. Receipts. 38.976. Fu
tures lower. May and June, 4.82Vtf; July |
and August. 4.Old. October and Novem
ber, 5.03d; January and February, 5.10d.
Dry (iooris Market
New’ York. Feb. 15.—Cotton gooffs mar
kets were quiet today. Raw silk re
mained unchanged. Fine dress goods for 1
fall were opened by mill agents. Whole
sale trade was generally quieter than last
week.
Hubbard Bros. & Co.'r Letter
New York, Feb. 16—(Special!—The mar
ket today found new buyers at the de
< line, who took over the offerings and
finally bought freely enough to close the
market firm and higher. For the past
fortnight the local sentiment has been in
favor of n decline, mainly because mey
felt that the movement to reduce acre
age in cotton and plant, foodstuffs would
not be carried out. They also felt that
the. demand for export had ceased In
the advance.
So far the export demand has exceeded
all the estimates made when the war
broke out. We confess that it is a sur
prise to us. Evidently In some way the
demand for war purposes 1ms to a larg
extent replaced the ordinary demand. If
we were In normal times attention might
be called to the fashions as calling for a!
large yardage of cotton goods.
Since Thursday Inst the trade has been
very nervous over the prospect of com
plications over shipment, which we think
has brought about short selling.
An Official Sacrifice
From the Kansas City Star.
"I suppose, like all government offl
I rials,” said the man who sneers, "you
are making personal sacrifices in order
to serve your country."
“Yes,” replied the village postmaster.
"It’s pretty hard to have to keep read
ing addresses when I’d rather be looking
at the pictures on the post cards.”
_ J£° M0RE KINKY HAIR
?° A“iY?Ur Don't be fooled by using soma f aka pnn-|
to Quinine Pomade eration which claims to straighten your
'•PPi h“n ,^rnT*I hair. Kinky ’.air cannot be made straight;!
which will do what you ere jur . fooling yourself by using it.;
you claim it will You hav , to have hair bafora you css *
do. It sure mads stralgV.en It. Now this
rnybalr grow very ExxUnto Qom/ne Pomade
fast and Cleaned Is a Heir Grower which feeda tha aea'
the dandruff and and roots of the hair and makaa tha h
stopped my hair grow very fast and you soon can ,
from falling In ■ tha results V using several time*.
weak using Tt. I am a wonderful Heir Grower. It clsa PJ:,.
sending you my druff andstop*Falling Hair at uu it
photograph. You leaves harsh, stubborn, nappy loosing
W v*i**i *10w *on* hair soft and silky, and yon can fl* up
milts r7iv your hair tha way you want It. Waglva
WILLIE GRAY. money baek If ltdont do tha way we
Prlc. 25 Cent., At All DruB Stores In & oTttjor^l'n" ^ “a-00
Birmingham EXELENTO MEDICINE CO.. AEaata.8a.
“—■- — .^ m
^=1
Seventy-Seven Advanced for
Efficiency in the Field.
Democratizing Army
London. February 1.—(Gorrespondenoe of
the Associated Press.)—The latest supple
ment of the London Gazette shows that
77 officers have been appointed from
the ranks to commissions in the British
army, because of offldency in the field.
Most of them were advanced from thw
sergeant grade and the regimental non
commissioned staff, hut some were mere
corporal*. These men had taken com
mands of companies in the field when the
officers were lost and otherwise showed
themselves worthy of second lieutenan
cies.
The present war is democratizing tho
army not only because of the commlssion
inr of rankers, but of the great numbers
of educated men of gentle birth enlisted
in the ranks. The educated privates ar
sit Rled out for promotion, since the av
erage soldier of the lower classes has
little ambition to rise and wants to bo
led by men for whose brains and breed
ing he has been brought up to have an
instinctive respect.
As the pay of officers is small, and a
liberal private income is necessary In
times of peace to enable one to keep up
appearances, perhaps many of the com
missioned rankers will at the end of
the war obtain transfers to the colonial
regiments, which pay well and require
less expensive dress and scale of living. f
However, arrangements may be made for
an increased allowance to those remain
ing in the home regiments.
Call Police for Snake / ^
From tile Philadelphia Public Lcdgor.
A six-foot snake, whicn escaped from
a nearby fancier’s shop, caused a panic
among pedestrians near Third and Mar
ket streets yesterday afternoon and.
threw the nolghliorhood into a turmoil
until n detail of city hall police finally /
captured tho reptile after an exciting
half hour. v..„
The snake was first noticed gliding from
the shop of E. 0. Vahlo at ;ttf) Market
Street by a trolley car conductor. Dart- .V
Ing across the sidewalk, while panic jh
stricken passersby scattered In all dl
rections, it glided out over the car tracks.
The motorman of a. passing car attempted l
t>) crush the reptile under the wheels. M *'
but missed it by a few inches. jf
Efforts of some of the less timid of ft
tho pedestrians to gill the snake failing. |
a call was sent In to city hall. Sergeant l*|f»
Morrison, with a detail of police, re- | .]
sponded. and then began the 30-mlnuto » *•
brittle to kill tho snake. The police fired \ s
shots at the darting reptile and slushed L,
nt it with rot>es. It was finally captured it
in an alleyway by one of tho policemen)~
and taken to central station. There it
was wrapped in bags and returned to Its
owner.
After the excitement, was all over it
developed that the snake was of a. harm
less variety.
/ ’. «*'!
I -1
The Age-Herald Ofjfers You
A Free Trip
^ I*
To the Wonderful ,i
„ •
Panama-Pacific
;j ■>
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-x .
I
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You Can Obtain a
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derful trips is as simple in understanding as it is easy of execution. Although
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Points will be given on each new subscription payment to The Age-Herald,
and after you have obtained the required number of points a wonderful trip
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Special arrangements have been made with the McFarland Tourist Agency to furnish
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tunity. Send In your nomination at once and request The A^e-Herald Receipt Beck,
full description.of “Itinerary” and complete Instructions.
Address Exposition Tours, Age-Herald, Birmingham, Ala.
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