The Birmingham age-herald. [volume], February 17, 1915, Page 9, Image 9

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

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

                
FOREIGN AFFAIRS
HOLDMOTION
Stock Market Is Almost Ig
nored During the Day’s
Session
Now York, February 16.—Foreign affairs
ugain held Wall street’s attention today,
almost to the exclusion of the stock mar
ket itself. Another sharp decline in ex
change on London was followed by an
engagement of a small amount of gold
by a local hanking house, the metal com
ing from Ottawa. Receipts of a small
shipment of gold coin from London for
transfer to Cuba bore lightly upon the
exchange situation. Later in the day
the rate for remittances to London be
came more normal, recovering to a point
well above thja 'ow quotations of the
merning.
Another aspect of the financial situation
was the heavy trading in bonds for future
delivery. Brokers were almost unanimous
in the belief that this denoted further
European liquidation of our securities,
mainly for German account. It seemed to
be accepted as a fact that several ships
•oon due at this port would bring in a
quantity of stocks and bonds which have
been disposed of in this manner.
Stocks rose and fell in halting manner,
leading issues being comparatively neg
lected for the manipulated specialties,
these moving in contrary tfashion. For
example, Mexican Petroleum added over
3 points to its recent decline, making a
total of almost 8 points in two days.
Pittsburg Coal preferred rose 3 points in
connection with the proposed safe of some
of its properties, which was expected to
redound to the advantage of the share
holders.
Changes elsewhere were mostly nomi
nal, except for isolated issues like Mon
tana Power, Texas company and the oil
and motof stocks. Favorites, including
United States Steel and the international
list, were under frequent pressure. Union
Pacific and Pennsylvania exhibited special
heaviness in the final dealings. After the
close New Haven’s minimum was re
duced from 49 to 47, and that of Southern
Railway preferred from 50 to 48.
Time money was not quotably altered,
but the supply was so large as to cause
some large lenders to withdraw' from the
market. The recent Russian credit of $26,
000,000 has absorbed some of the inactive
supply.
For the most part bonds were lower,
the new Pennsylvania 4%'s being the most
conspicuous exception. Total sales, par
value, amounted to $2,828,000.
United States coupons 3's and registered
4's advanced % per cent on call.
Bonds
TJ. S. 2s, registered . 98%
U. S. 2s, coupon. 98%
U. S. 3s, registered. 3 01%
V. S. coupon . 101%
U. S. 4s, registered . '.09%
U. S. 4s, coupon..• *..« 110%
Panama 3s, coupon . 101%
Central of Georgia 6s . 101%
Illinois Central ref. 4s . 86
Louisville & Nashville un. 4s . ... 93%
Seaboard Air Line adj. 6s. 65
Southern Railway 5s . 99%
Southern Railway gen. is . 66%
Mercantile Paper
New York, February 16.—Prime mer
cantile paper, 3%@4 per cent. Sterling ex
change, weak: 60-day bills, $4.78.50; for
cables, $4.79.00; for demand, $4.79.26. Bar
^■Hver, 48ffcc. Mexican doIla*B, 37%®; Go
ernment bonds, firm; railroad bonds easy.
Time loans steady; 60 days, 2%@2% per
cent; 90 days,* 5%f?/o per cent; six months,
3%@3% per cent. Money on call, firm;
high, 2% per cent; low. 2 per cent; ruling
rate, 2 per cent; last loan, 2% per cent;
closing bid, 2 per cent; offered at 2%
per cent.
London. February 16.—Bar sliver. 22%d
I per ounce. Money, 1 per cent. Discount
V rates: Short bills, 1 7-16 per cent; three
months, 1 7-16 per cent.
1 Metal Market
* New York, February 16.—-Tin, weak;
flve-ton lots, $36.87(086.37; 25-ton lots of
fered at $36.37. Copper steady; electro
lytic, $14.62(0-14.87; casting $14.26(014.62,
, Iron quiet and unchanged. At London spot
copper, £63 15a: futures, £64; spot tin,
I £178; futures, £153 10s.
New York, February 16.—Lead firm,
$3.82(§>3.87; London, £19 Is 3d. Spelter firm,
$8.66(08.90; London, £39 10s.
Live Stock Market
Chicago, February 16.—Hogs; Receipts,
27,000; unsettled: bulk, $6.70(06.80: lights.
1 $6.60(06.86; mixed, $6.60@6.8o; heavy, $6.40(0
( 6SO; rough, $6.40(06.55; pigs. $5.50(06.75.
Cattle: Receipts, 3000; weak; nativv
steers, $5(08.40; cows and heif3rs, $3.20(0
7.60; calves, $7010.25.
Sheep: Receipts, 5000; firm; sheep, $6.4(
@7.25; yearlings, $7.50(08; lambs, $7.25(08.75
St. Louis, February 18.—Hogs: Receipts
11,400; lower: pigs and lights, $5.50(06.80
mixed, $6.55(06.90: good heavy, $6.70(06.90.
Cattle: Receipts, 1300; strong; nativt
beef steers, $7(08.50; cows and heifers, $5(n
8.25; stockers, $5.25(07.25; Texas and In
dian steers, $6.75(07.75.
Sheep: Receipts. 20,000: higher; natlw
muttons, $5(06.76; lambs. $8(0*.70; yearlings
$7(07.50.
Kansas City. February 16.—Hogs: Re
ceipts. 12,700; higher; bulk of sales, $6,700
6.85; heavy, $6.70(06.80; packers, $6.70(06.90
Cattle: Receipts, 3500; higher; prim<
steers. $7.50(08; dressed beef steers, $6.50<&
7.35; southern steers, $5.50(06.75; cows, $4.21
@6.60; heifers, $5.75(07.50; stockers, $5.75(<j
7.40.
Sheep: Receipts, 7000; higher; lambs, $8.1(
@8.40; yearlings. $7(07.90; wethers, $C.26fl
7; ewes, $5.75@6.50.
Sugar Market
i New York, February 16.—Sugar futurei
opened firmer today and on quite actlv<
covering, which seemed to be promptei
by a steadier feeling in the spot market
prices worked higher, and and at nooi
showed net advances of 9 to 10 points
Raw sugar steady: molasses, 3.75c; cen
trifugal, 4.ole; refined steady.
The market continued to advance wit!
reports of trade buying in the afternooi
and closed firm 10 to 19 points higher
5ales, 6300 tons. February, 3.65c; May
4.76c; June, 3.80c; July, 3.86c; September
4.94c.
J Coffee Market
New York, February 16.—Coffee future
were very quiet and the small order
were sufficient to cause irregular fluctua
tions. The opening was at a decline o
4 points to an advance of 2 points wit
near months relatively easy under a lit
tie scattering liquidation supposed to re
fleet apprehensions that high grade R1
coffees would be tendered before the fina
maturity of old style contracts at th
end of next June. Later December con
tracts also weakened, and the mark®
closed at a net advance of 3 points o
July, but generally 1 to 7 points lowei
Bales, 7750. February, 5.43c; March, 6.49c
April, 5.58c; Alay, 5.67c; June, 6.70c; Julj
6.78c; August, 6.83e; September. 6.89c; Oc
tober, 0.94c; November, 7.01c; Decernbei
7.09c. Spot quiet; Rio No. 7, 7%c; Santo
No. 4, 9%c.
Owing to a holiday no milreis price
were reported from Brazil. Brazilian poi
Hubbard Bros. & Co.
Cotton Merchant#, Hanover .quire. J
V. Members New York Cotton Exohangi
New Orleans Cotton Exchange, Nei
York Produce Exchange, Aaaoclat
Members Liverpool Cotton Asaoclatloi
Orders ■oliclted for the purchase an
■ale of Cotton and Cotton Seed Oil fo
future delivery. Special attention an
liberal terms Riven for consignments 0
spot cotton tor delivery. Correspond
ones Invited.
_CLOSING STOCK QUOTATIONS i
Sales. High. Low. Close.
AmaT Cop. . . . .59O0 54% 53% 53%
Amer. Agricul. 48%
Amer. Can .... 500 28% 27% 27Th
Amer. C. & F. 60
Amer. Cities pfd. 60
Amer. Cot. Oil.. 500 46% 45% 45%
Amer. Spielt. ...8700 65% 63% 64%
Amer. Snuff.148
Amer. Sugar ... 800 103 101% 102%
Amer. T. & T... 600 120 119% 119%
Amer. Tob.225
Atchison . 900 94% 94 94%
Atlantic C. L_ 300 104 104 104
Balt. & Ohio ... 600 68% 68*.* 68%
Bethle. Steel .. .11800 67% 55% 56%
Can. Pacific _2800 158 156% 167%
Cent. Leather ..4200 85% 35 35%
Ches. & Ohio ... 200 41 % 41% 41%
Chi.. M. & St. P. 500 86 85% 86
Efie . 2700 22 21% 21%
Gen. Elect.100 141% 141% 141%
Gt. Nor. pfd. 600 115 1 s 114% 115
Illinois Cent.loaVi
Interb.-Met. pfd.1100 57% 57 57%
K. C. Sou. 22
Lehigh Val.1000 133 132 133
Louis. & Nash... 900 116 115 1*5%
lJggett & Myers. ... 205
Lorillard Co.160
Mo., K. & T. 200 10% 10-4 10Vi
Sales. High. Low. Close ]
Mo. Pacific .foOO Tl 104 ITS
Mex. Petroleum 14600 72 69 70
N. Y. Central.. .2800 844 834 84
N. Y„ N. H. &
Hartford . 100 49 49 49
Nor. & West. ... 300 1004 1004 100 4
Nor. Pacific _ 700 103 102 4 -02*-.
Penn. .. 1600 105 1044 1044
Reading .20400 1434 143 1434
Rep. 1. & S. 100 20 20 20
do pfd. 74
do pfd. 100 14 1 Vi 14
St. L. & San F.
2d pfd . 3 4
Seaboard A. L. . . 100 13 13 13
do pfd . 200 36 36 36
Sloss-Sheff. S. &
Iron . 25
Soil. Pacific _2700 844 834 84
Sou. Railway ...1100 154 154 -4 5»»
do pfd . 200 50 50 50
Term. Cop.1200 304 29U 294
Texas Co.1400 132 128 1 30
Texas fe Pacific. 100 124 1-4 *124
Union Pacific ...8200 1194 119 119
U. S. Steel -17100 434 424 43 4
do pfd . 400 1044 1044 1044
Utah Cop. ...100 524 524 624
Ya.-Caro. Chem. 21 Vi
West. Union .... 400 63"* 63 4 634
loiai saies 101 me uay, mu.avu snuieo.
LOCAL SECURITIES
Rate Sid. Asked.
-STOCKS
Ala. F. ft 1.4 42 62
Amer. C. Rys. pfd .. 6 60 62
Amer. C. Rys. 17
Amer. T. ft Sav. Bk... 8 160 170
Avondale Mills, com. .. 8 96 106
Avondale Mills, pfd... 8 100 198
Bessemer C. ft I. .. 45
B'ham T. ft S.10 886 256
B'ham Baseball Aaao.. 140 170
B'ham R. L, ft P. com 72 ..
B’ham R., L. & P.t pfd 77
B'ham Realty Co..4 160 176
Cham, of Com., pfd.... 7 (0 70
Corey Land . 60 76
East Lake Land. .. 76
Elmwood Com. Co. .... 4 65 76
Empire Im„ pfd . 8 100 102
Empire let, com. 0 70 86
Enslcy Land. 86 110
First Nat. Bank .12 2*6 256
Great Sou. Ltfa . 9 11
Interstate Casualty .. « 1 8
Jefferson Fertiliser ... 8 106 120
M. ft M. Bank . 6 116 125
North B’ham Land ... 15 22
Realty T. C.. coin.6 100 110
Realty T. Co., pfd .... * 100 110
Sou. States Fire . 1 2
Traders Nat. Bank .... 9 150 160
" Rate. Bid. Asked.
" BONDS
Ala. State ref. 1920 ... 4 98 100
Ala. State Renew, 1958 3Vi 80 83
Ala. State Renew. 1958 4 97 101
Amer. C. Rye. 5 85 88
Alu. Cons.< 75 80
Bessemer C. A 1.8 100 103
B. R„ L. & P. 8 98 99
B. R„ L. & P.4Vi 88 90
B'ham Ice Factory .... 8 100 108
B'ham R. & E. 5 99 101
B'ham Waterworks .. 8 102 105
City of Birmingham .. 8 100 104
City of Birmingham .. 5 96 101
Continental Gin . 6 100 106
Jefferson County . 6 101 104
Jefferson County . 8 102 107
Jefferson Caunty . 4 Vi 95 101
Jefferson Realty . S 100 106
Milner Laud Co. 8 98 101
Nashville Railway _ 6 99 101
Pratt Consolidated .... 6 77 83
Sloss I. & S.8 99 100
Sloss I.AS.4 Vi 92 95
T. C. I. gen. mt/8. 6 95 100
T. C. L Tenn. Div. 8 99 103
T. C. I. Ship Bldg. ... 6 101 1C6
T. C. L B'ham Div. 8 99 108
1. C. X. Cahaba Div_ 6 100 103
Woodward Cons. 8 95 108
receipts, 61,000; Jundiahy, 26,000; cost and
freight offers were reported easier and
about unchanged to 6 points lower.
Cotton Seed Oil
New York, February 16.—Cotton seed
oil was generally higher on rumors of
export demand, light movement of seed
and continued firmness In crude. A local
refiner was a good seller of July, but of
ferings were readily absorbed. Final
prices were unchanged to 8 points net
higher. March, 7.25c; May 7.27c; July,
7.46c; August, 7.66c.
Naval Stores
Savannah. February 16.—Turpentine
firm, 42c; sales, 825; receipts. 196; ship
ments, 93; stock, 35,814. Rosin firm; sales,
169; receipts, 998; shipments, 1291; stock,
137,370 Quote: A, B, $3; C. D. $3.0246;
E. F, $3.06; G, H, I, $3.10; K. $3.35; M, $5;
WG. $5.40; WW, $6.GO.
Montgomery Market
Montgomery, February 16.—(Special.)
Spot cotton was quoted here today as
follows: Middling fair, old. nothing; new,
8.75c; strict good middling, old, nothing;
new, 8.38c; good middling, old, 8c; new,
8.20c; strict middling, old 7%e; new. 8c;
middling, old, THc; new, 7.75c; strict low
middling, old. 7Vic; new, 7.25c; low mid
dling, old, 6c; new. 6.76c; strict good ordi
nary, old, 7%c; new. 6.26c; good ordinary,
old, 5%c.; new, 5.88c; market quiet.
CENTRAL HIGH
BASKETBALL GAMES
Played. Won. Lost. Pet.
Freshmen ./.... 6 5 ) .833
Juniors . 7 6 2 .714
Sophomores . 7 6 2 .7141
Paul Hayne .5 1 4 .200]
Seniors . 6 0 6 .000 j
In one of the hardest battles of the pres
ent season the junior quintet gave the
high pennant asperations of the fighting
freshmen a severe setback yesterday aft
ernoon In the class games at Central High
gymnasium, the final score being 15 to 7.
The determination of the juniors was
possibly the direct cause of their triumph.
Their fight and team work has not been
surpassed In any game tills season, while
the work of the freBhmen was off color.
They were practically outplayed In both
halves, and they appeared as no cham
pionship outfit. The effective pass work
of their rivals puzzled them throughout
the game. The playing of Recvews is
the best seen on the floor to date. Barks
was good on both the offensive and de
fensive for the freshmen.
The sophs were handed a surprise pack
age, and barely escaped with a victory.
Their score was 14 to 6, the Paul Hayne
boys falling before their attack. Davis
made all of his team's points and led their
attack, but to no avail. Agee and Held
man were of the greatest use to the
sophs.
Only a. few games remain to be played
and the contest for pennant honors seems
to be between the freshmen and Juniors.
Coach Courleux stated yesterday that
this was the closest that any league has
been near the close of the season.
F. J. B.
: -*
New York, February If.—Players In the
national Indoor tennis championship
tournament here reached the semi-finals
rounds today. T. R. Pell, G. F. Touchard
and A. M. Lovibond won places In the
singles. Two schoolboys—L. V. Robinson
and H. W. Robinson—were the successful
pair In the doubles. They beat Count
Otto Salm. the Austrian, and his part
ner, F. C. Zehrmann, the German.
The scores of the Important matches In
the doubles were: National championship
doubles, second round, L. Platt and P.
C. Dodge defeated E. H. Hooker and M.
Ely; J. M. Steinacher and Lincoln Refiner
defeated Paul P. Goold and H. H. Maclies
ter; Dr. William Rosenbaum and Arthur
i M. Lovibond defeated Carroll J» Post and
j James P. Lee; Abraham Bassford, Jr.,
- and George King defeated B. M. Phillips
C and Remsen Schenck; L. V. Richardson
i and H. W. Robinson defeated Count Otto
- Salm and F. C. Zehrmann. Third round:
- L. V. Robinson and H. W. Robinson de
) feated Dr. R. L. Robinson and Gordon
1 Robinson.
s -■*
Trotting Stake Changed
1 Detroit, February 16.—The Detroit Driv
1 ing club today announced an important in
.' novation for the annual blue ribbon grand
', circuit race meeting here July 27 to 31
- next. The Merchants and Manufacturers
- $10,000 stake, considered the classic of
9 the trotting turf, Is changed from the
2:14 to the 2:06 trotting class. The Cham
9 her of Commerce stake, the principal pac
1 Ing event, has been moved from the 2:13
. to the 2:07 class. Racing this yar will be
under the point system. Detroit wfll be
the first of the big tracks to adopt the
plan, which Is regarded as most likely to
. produce contests.
I Noted Composer Dead
j Paris, February 16.—(6:60 p. m.)—Emile
r Charles Waldteufel, a noted French com
1 poser, died today. He was -born In Paris
1 in ll$7 and was leader of the orchestra
at the court of Napoleon Mu
i '
WHOLESALE TRADE
Lower Temperature Stimu
lates Demand ih Many
Lines—Prices Strong
Business on Morris avenue continues
good. The lower temperatures had an ap
preciable effect on the demand in many
lines. An increase in the sale of oysters
was noted by both wholesalers and retail
ers. The sale of pork products also in
creased in volume. Spare ribs are quoted
at the opening today at 9Vfec; pork loins,
12Hc, and Boston butts at 12c. Delaware
select oysters are bringing $1.25 per gal
lon and standards $1.15. Gulf oysters are
selling at $3<&3.60 per pail containing 1000.
The Hour and cotton quotations are firm
on the local market.
LOCAL QUOTATIONS
Spot Cotton
Good middling . *
Strict middling . 754
Middling . 7%
Strict low middling . Bit
The Iron Market
IF .fl0.00O10.66
IF . 9.6O01O.UO
6F . 9.0009.60
Gray Forge. $.6009.00
IB .fl0.0uOU.60
:s . 9.60(l 10.09
Poultry and Eggs
Hens, 16c.
Live turkeys, 17c; dressed turkeys, 20c.
Fryers—114-114 lbs. average, 18c.
Ducks—16o lb.
Guinea*—10c.
Roosters—lie.
Geese—76@90c.
Fresh country oggs-aic; fresh candled,
22-23c; graded carton eggs. 26s.
Meats
Fresh oountry eggs—23c; fresh candled—
22c to 23c; graded carton eggs—25c.
Extra Ribs -11c.
Bellies—20-25c; 12c.
Boston Butts—12c.
Pork Loins—1214c.
Breakfast Bacon—23c
Spare Ribs—914c.
Regular Hams—1514c.
Skinned Hams—16c.
Fruits and Produce
Lemons—33 60.
Limes— fl.26.
Florida Oranges—$1.7502.».
Barrel Oranges—$2.6002.76.
Grapefruit—$1.7602.26.
Tangerines—*1.75 per strap; 32.60 per box.
Florida Strawberries—30®40c qt.
Apples—York Imperial. 33@3.50; Bald
wins, 3303.60; Ben Davis, $2.50®3; box
apples, 31.2601.75.
Peanuts—6140614c per lb.
Malaga Grapes—|5®B per keg.
Tomatoes—$2.60®3 per crats.
Cocoanuts—$4 per sack.
Cranberries—Per box, 31.7603; per bar
rel, *7.
Celery—Florida, psr crate. 32.60 ; 76c
dosen.
Walnuts—16020c lb.
Pecans—1214020c per lb.
Filberts—16c per lb.
Almonds—20c per lb.
Chestnuts—9c per lb.
Lettuce—fl-2602.26 hamper.
Eggp lanta—13.60.
Green Peae—33.
Green Beane—*3.60.
Onions—214c per lb.
Spanish Onions—$1.76 per crats.
Sweet Potatoes—$1 per bushel.
Irish Potatoes—76c psr bushel.
Cabbage—2c per lb.
New Cabbage—*2 per crate.
London Layer Balslns—$1.76.
California Figs-$2 per case.
Seed Potatoee—$101.20 bu.
Onion Bets—$1.7602 bu.
Creamery Products
Creamery Butter— 32®361*c, proceee but
ter. 3uc; oleomargarine, diOtle.
Full Cream Cbeeee-17c; Imported Bwlsa
tic; Pimento, dos., fl.ll.
FUh
Perch—Sc.
Balt Water Trout—1114012c.
Blue Catlleh—714c.
Red Snapper—914010c.
Gray Snapper—406c.
Ifullet—606c.
Spanish Mackerel—13140160.
Fresh Pompano—IO0lin
Delaware Oysters—Standards, fl.lt gal
lon; selects, $1.36 gallon; extra selects
fl.60.
Gulf Oystsrs—$303.66 per 1061.
ffidea and”Tallow '
Groan salt hides. 14017c; green sail
hldts (half cured). 16016c; green hides
(fresh), 14016c; dry flint hides, 3300c
dry salt hides, 3l0f7e; damaged hides
half pries; sheep skins,, 60030c; horsi
hides, $203.60; sherllngs, i6036c; goe
skins 30036c; kid skins. 10c; tallow, 60c
skins, 30036c; kid skins. 10c: tallow, 606c
clean unwashed wool, 20®23c; burry wool
12016c; ginseng. 3406.
Flour and Breadstuff!
Self-rising flour, 33.60; Tennessee flour
Mi Michigan flour, (3.36; Idaho flour
CLOSE IS STEADY
AT AN ADVANCE
_
'
Unsettled Feeling in New
York Cotton Fails to
Affect Prices
New York February 16.—The unsettled ;
'eeling which has been noted in the local
cotton market for the past several days
aas reflected in the talk around the ring
igain during today's trading, but prices
ruled generally steady and closed steady
»t a net advance of from 3 to 9 points.
Liverpool cables were better than due
an the New York close of last night,
but evidently created very little buying
power, and after opening at an advance
of 4 to 6 points, prices here eased off
under scattering liquidation. Continued
nervousness over the shipping situation
and predictions of heavier spot offerings
with the advance of the season for new
crop propositions appeared to be the fac
tors most talked of on the setback. The
expectation of an increased difference be
tween Liverpool and New York was en
couraged by a further decline in the rate
of sterling exchange as well as by ap
prehensions of a check to the export
movement or an advance In war risks.
Offerings, however, were not heavy and
were well enough absorbed on a decline
of 2 to 3 points from last night’s closing
figures to turn the market steadier. Ral
lies followed on a moderate demand from
trade sources and covering, which was
probably promoted by the continued heavy
exports and the steady showing of the
southern spot markets, l^ist prices were
within a point or two of the best.
It was a holiday in New Orleans, which
probably restricted general business to
some extent, but houses with Now Or
leans connections were moderate buyers
here during the early trading.
New York Cotton Futures
New York, February 16.—Cotton fu-I
tures closed steady. _ __|
High. Low. Close
March . 8.50 8.4 r 8.50
IJav . 8.78 8.68 8.70
July . 8.96 8.88 8.95
October . 9.20 9.12 9.11
January . 9.38 9.38 9.4 4
New York Spot Cotton
New York, February 16.—Spot cotton
quiet; middling uplands, 8.56c; no sales.
New York, February 16.—Cotton futures
opened steady; March, 8.42c; April, 8.60c;
May. 8.75c; June, 8.80c; July, 8.95c; August,
9.02c; September, 9.08c; October, 9.19c; No
vember, 9.25c; December. 9.36c; January,
9.42c.
Liverpool Cotton
'Liverpool, February 16.—Spot cotton
firm; good middling, 5.31d; middling, 5.Md;
low middling, 4.©0d; sales, 7000; speculation
and export. 1000; receipts. 26,049; futures,
quiet: May and June. 4.86^d; July and
August. 4.96ftd; October and November,
5.07Hd; January and February. B.14%d.
Dry Goods Market
New York, February 16.—Cotton goods
were quiet and steady today. Substantial
shipments of cotton duck were mode and
further orders were received. Silks w'ere
quiet. Men’s wear was In moderate de
mand.
Hubbard Bros. & Co.’s Letter
New York, February 16.—(Special.)—In
Liverpool the feeling in the cotton market
is not as pessimistic as it is here and
prices there were better than expected.
Manchester is reported as doing a good
business, largely on war contracts, but
after six months of using old stocks of
cotton goods It Is evident that there are
inquiries for goods from the distant east.
Here the market, after losing the open
ing advance, regained it and closed at
the best on very light transactions. We
fee no change in the pessimistic tone
of the local trade, although their atten
tion to the large exports is noticeable.
SALVATION‘ARMY
MUSICAL SERVICES
Special musical services will be con
ducted by Col. Richard E. Holz at the
Salvation Army hall. 2104(4 Second ave
nue tonight and tomorrow night. The
colonel will be accompanied by his
daughter, Capt. Edith Marie Holz, Staff
Captain Campbell and the Philadelphia
Sliver quartet.
Colonel Holz was born in Germany
and there educated for the German civil
service. Ho has been connected with
the Salvation Army for over 27 years,
having risen from the ranks to the po
sition he now occupies, as commander
of the Atlantic Coast province, su
perintending the work In 10 states with
headquarters in Philadelphia.
The colonel has a family of five
children, all of whom are actively en
gaged in Salvation Army work.
AUTHORS POETS AND
DRAMATISTS SERVING
IN THE FRENCH ARMY
Paris, February 18.—4:05 p. m.)
Many French authors, poets and dram
atists are serving In the army. Henry
Bernstein, the dramatist, Is a gunner
at Fort Havre; Marcel Prevost, the poet
and author, Is a captain of artillery in
the camp of Paris: Etienne Reye, the
writer, and Robert De Fleres, the play
wright, are at the front, as Is Reyr.aldc
Hahn, who Is a private soldier in th,
trenches.
Marcel Boulenger, the writer, har
been taken half frozen from the trench
near Nancy and placed In a hospital
Francois de Tessan, the journalist, ami
rsecetary general of the French com
secretary general of the French expos!
tlon, has recovered from wounds anc
is ready to return to the front.
.«■ - ■■ v
To Increase Fighting Force
8t. Johns, N. F., February 18.—New
Foundland, with a population of 250,000
plans to bring Its quota of men for th,
British army and navy up to 5000 II
• he war lasts another year. It wai
announced tonight that 300 more .oh
diers would be equipped Immediately
The naval forces will be Increased prop
ably to 1500.
8.20; Indiana flour. 88.20; spring whea
flour, $8.45; bard winter wheat flour, 88.30
shorts, 833; pure wheat-bran, 832; C. S
meal, K4 per cent, 830; Tremo meal, pe
ton, 828; C. S. hulls, 811 ton; No. 1 timoth;
hay, per ton, 825; mixed alfalfa and John
son grass, per ton, 819; pea green alfalfa
western, 826; mixed feeds, per ton, 836
oats, per bushel. 75c; corn, per bushel
81.03; corn meal, 81.85 per 96 pounds.
» • ► • f
_
Market Is Lifted by Pros
pect of Biff Export
Business
Chicago. February 16. -Prospects of
a liberal export business gave the
wheat market a big lift today, but the
hope of continued free sales to Europe
was not realized quickly or in full, and
some of the advance disappeared. There
was an unsettled close at 2 % (T 3 % c
above last night. Corn finished V. 0 %c
to %07*c down, oats off %@%c to %c
and provisions up 5 022%c.
It was not until after dealers In
wheat had left the pit that the fact be
came definitely known of a million
bushels having been disposed of at the
seaboard today for transatlantic ahlp
ment.
Corn showed more pronounced weak
ness than has recently been the case
The great stocks on hand resulted in
much selling pressure.
Oats draggl'd lower with wheat.
Provisions kept in line with a lire in
quotations for hogs.
Chicago, February 16.—Grain and
provisions.
Wheat— Open. High. Low. Close
May 7777X60 Of % T760 176 2 %
July 1.36 1.37% 1.36 1.36%
Corn—
May . 80 80% 78% 79%
July . 81% 81% 80% 80%
Oats—
May . 61% 61% 60% 60%
July . 67% 67 9* 66% 67
Pork—
May .-9.00 19.10 18.97 19.10
July .19.82 19.50 19.32 19.60
Lard—•
May .10 80 10.87 10.80 10.85
July .10.97 11.05 10.96 11.00
Ribs—
May .10.22 10.30 10.22 10 27
July .10.47 10.52 10.46 10.62
St. Louis Grain
St. Louis, February 16.—Wheut No. -
red. $1.6001.61%; No. 2 hard, $1620
1.64%; May, $1.67% 01.57%. Corn No
2, 75c; No. 2 white, 77c. May, 79c. Gate
No. 2, 68c: No. 2 white, 59c; May, 59%o
Kansas City Grain
Kansas City, February 16.—When
No. 2 hard. $1.6801.69; No. 2 red, $1.5!
01.58%. Corn No. 2 mixed, 74c; No.
white, 78c; No.2 yellow. 73 %c. Oats No
2 white, 57%068o; No. 2 mixed, 6*1066c
—
Chicago Grain
Chicago, February 16.—Wheat; No.
red, $1.6201.63%; No. 2 hard, $1.6307.64%
Rye: No. 3. St.2501.25. Bariev. 58068c
Timothy, $6.6006.50. Clover, $11.5«»0H. Pork
$17018.70. Lard, $10.46. Ribs, $9.2509.75.
Produce Market
Chicago, February 16.—Butter; kntei
creamery, 24029c. Eggs, lower; receipts
7980. At mark, cases included, 21024c.
ordinary firsts. 23c; firsts, 24c. Potatoes
lower; receipts, 48; Michigan red, 38042c
Michigan and Wisconsin white, 4O0*45c.
New Y’ork, February 16.—Butter, quit'
and unchanged; receipts, 12,546. Kgg?
irregular; receipts, 13,811; nearby hennr
whites, 85036c. Cheese steady and un
changed; receipts, 4967. Dressed poultry
firm; western roasting chickens. 17021c
fresh fowls, 14%018%c; turkeys, 140C2%«
Bt. Louis. February 16.—Poultry, un
changed, except chickens, 12%c; spring!
15%c; turkeys, 16c. Butter, creamery, 311
Eggs, 24c.
Kansas City. February 16— Butte?
creamery. 30c; firsts, 27c; seconds, 25<
packing. 18%c. Eggs, firsts, 22c; second?
17c. Poultry, hens, 12%c; roosters, 10%c
turkeys, 16c.
1 THE FINANCIAL SITUATION ~ f
Now York. February 16.—Demoraliza
tion in foreign exchange markets has af
fected the big financial interests to such
an extent that a meeting of international
bankers may be called soon to readjust
conditions, financial experts said today.
Sight drafts on London sold down to
4.79U today, the lowest In a generation,
but recovered before the end of the mar
ket session. The drop in exchange was
followed bv announcement of another
small Importation of gold—$2.500.000—that
amount having been released by the Bank
of England from the larse sum now t<*
its credit in Ottawa.
Exchange between New York and most
parts of continental Europe, while lcs;>
unsettled than at London, pointed to
acpte strain Francs, reischmarks and
llres were quoted at increased discounts,
and some conservative banks and banking
houses declined to engage In any actual
transactions.
The situation is largely the outgrowth
of the country's heavy extra exports to
Europe.
In the first four months of the wai
shipments of war materials aggregated
almost $&0.0u>,000. and according to trust
worthy accounts they have passed tin
$100,000,000 mark now. This does not In
clude the enormous export of foodstuff?
and other commodities which have gon«
out In unprecedented volume since the be
ginning of 1915.
Except In instances where credits had
been established here, payment for these
exports was made In pounds sterling,
francs, marks and other foreign moneys.
These bills are now pressing on the ex
change market and their extent, coupled
with England's refusal to release gold
in sufficient quantity to meet demand,
have been the primary factors in deprecl
atlng rates. The situation has put all
foreign gold at a premium.
The market has become so deranged
that a number of contractors and other
exporters of supplies. It is stated, have de
cided to demand future payments in dol
lars. This plan will necessitate the plac
ing of additional credits in this country
by foreign governments and Individuals.
The British and Russian governments
have established credits, but amounts
available are said to bo Insdequate.
GERMAN SURGEONS
AND NURSES FREED
Paris. February 16.—(5:25 p. in.),
1 German surgeons and nurses sentenced,
by courtmartlal. late in November to
prison terms for alleged pillage at Pe
ronne September 16, and who appealed,
were given a retrial today and acquit
ted. The decision of the court was that
there was an absence of precise i roof
of tl'^ sieged theft.
When tl»e hospital at Peronne was
captured by the French the bulky na
ture of the baggage of the German sui
geons and nurses aroused suspicion. A
search was ordered and It was alleged
that in the baggage of Surgeon Major
Collins, who, with Surgeon Major Wohl
:‘art, was In charge of the hospital,
there were found three Tanagrab stat
uettes with labels of the Peronne mu
seum attached to them In the baggage
cf the nurses it was charged that there
were pieces of silk, carpets an 1 fine
linen. The nurses asserted, it was stat
ed, that these things had beeti given
them by the Carmelite Sisters in ap
preciation of their kindness to the
French wounded.
The hospital belonged to the Second
Germany army corps.
SERVICES TODAY AT
CHURCH OF ADVENT
Today being Ash Wednesday, tlio Itrst
day in Lent, services will bo held In
the Church of the Advent us follows:
Holy communion, 7:30 n. m.; morning
prayer, litany and sermon, 10:30 p. m.;
evening prayer and sermon, 4:30 p. in.
Services at 4:30 p. m. each week day
throughout Lent except on Saturdays.
Address at Wednesday and Friday serv
ices.
% -—
Urge Liquor Bill
Jefferson City, Mo., February 16 A bill
for an election every four years on state
wide prohibition was introduced in Hie
lower house of the Missouri legislature
today. |
REPUBLICAN WINS
SPEAKERSHIP FIGHT
Springfield. 111., February 16.—The elec
tion today of David K. Shanahan of Chi
cago. a republican "wet," a© speaker of
the lower house of the legislature ended
a deadlock that has lasted since January
6. The deadlock was the most spectac
ular and long drawn out In tho history
of the legislature.
The "wet" and "dry" Issue has been
foremost in differences which prevented
the republican majority from settling tho
speakership question among themselves.
An the deadlock continued, feeling grew
until It was apparent that the speaker
ship could not be settled within party
lines.
1
Wait! Wait!!
Wait!!!
Don’t Buy as Much As a
Pair of Baby Shoes
Until the Mighty
Whirlwind
Shoe Sale
| Open* Its Honrs
Thoiisniifls of Dollnr* worth of
Men’s, Homes'll mid Children’*
Shoes nt Fnftory Cost.
McFarland tours
Official ‘‘Tour Agents” Panama Exposition
.Midwinter cruise of Florida, < Him and Panama t'aunl. Weekly Nfillluigs.
Pnnnmn KiponlUon Tours, weekly March to December, from $t:i3.rtO up.
Hxcliislvc Features, Reduced Rates, for Individuals or for Personally < on
ducted Parties.
Call or write NOW for booklet of Tours. Address
TRAYLOR & STANTON, Inc.
100 N. 101k ilnd Umpire Building
l. .. J
The Age-Herald Offers You
A Free Trip
I »
To the Wonderful
Panama-Pacific
International Exposition
In Exchange for a Few Hours
of Your Spare Time
—-----—How You Can Obtain a Trip;35S5S5s=sK”rwasj
The plan evolved by The Age-Herald whereby you can take one of these won
derful trips is as simple in understanding as it is easy of execution. Although
The Age-IIerald has a large circulation, there are some who at present are not
subscribers. They want The Daily and Sunday Age-IIerald,- but have put off
ordering from day to day. The Age-Herald desires your assistance in locating
and placing these people on its subscription list, and for this favor you are
to be liberally rewarded.
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 !
to the greatest of all expositions will be yours.
This is not a “contest” but a bona-fide offer open to everybody. There j
are enough trips for all.
Special arrangements have been made with the McFarland Tourist Agency to furnish
the varloue trlpa we are offering. If you want to go to the exposition thle la your oppor
tunity. Send In your nomination at once and request The Age-Herald Receipt Book,
full description of “Itinerary" and complete Instructions.
Address Exposition Tours, Age-Herald, Birmingham, Ala.