The Birmingham age-herald. [volume], February 18, 1915, Page 9, Image 9

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

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

                
STOCK MARKET IS
DULL AND HEAVY
! Uncertainty Over Interna
tional Affairs a Potent
Factor
| N’tw York, February 16.—The apprehen
sion and uncertainty attending interna
tional conditions were potent factors in
today's dull and heavy stock market.
Trading was ultra professional and main
ly on the short side. The faction early
renewed its attacks on leading shares,
which fell a point or more, coalers show
ing greatest weakness. Later prices
made a gradual recovery, but in the final
hour much selling of American Smelting
brought renewed unsettletnent. The clos
ing was at or near the lowest.
Baltimore and Ohio, New Haven, South
ern Railway preferred, Seaboard Air Line
Preferred and Loose-Wiles were among
the stocks that fell to new low or repeat
ed former minimum quotations. Some of
the more dormant specialties yielded 1
| to 3 points, while Mexican Petroleum lost
1 6% points, with a sharp decline in the
preferred shares.
Pressed Steel Car was not affected by
the company's annual report, which
■bowed an extraordinary shrinkage in
net earnings.
Foreign exchange gave less reason for
concern, rates on London indicating a
temporary cessation of recent enormous
offerings. Francs and marks also showed
more stability, but the situation as a
tvhole continued somewhat precarious.
Weakness of the several steel and iron
■hares was not in keeping with trade re
ports, which were of a more encouraging
tenor, especially as to maintenance of in
created production. Rumors of a shading
of copper prices were reflected in the
steady offering of metal shares.
Trading *as narrow in London, Ameri
cans being in light demand. New York
Centra! and Canadian Pacific were among
the heaviest issues in that market.
The local bond market moved in sym
pathy with stocks, some of.the specula
tive Issues, as well as low-priced rail
ways declining sharply. Total sales, par
value, aggregated $2,096,000.
United States coupon 3’s and registered
i s lost % per cent on call.
Bonds
TT. S. 2s, registered .. 98%
l TJ. S. 2s, coupon.‘... 98%
IT. S. 3s, registered. 101%
TJ. S. 3s coupon. 101%
U. S. 4s, registered .. 109%
U. S. 4s, coupon. 110%
Panama 3s, coupon. 101%
Central of Georgia 5s. 101
Illinois Central ref. 4s. 87
Louisville & Nash. un. 4s. 93%
Seaboard Air Line adj. 5s. 62%
Southern Railway 5s . 99%
Southern Railway gen. 4s. 66
Mercantile Paper
New York, February 17.—Prime mer
cantile paper, o!Vc(4 per cent; sterling ex
change strong; fio-day bills, $4.79.50; for
cables, $4.80.75; for demand, $4.80.60. Bar
silver, 48c. Mexican dollars, 3755c. Gov
ernment bonds heavy; railroad bonds,
easy; time loans steady; GO days, 244®2»*
per cent; 9) days, 29403 per cent; six
months, 344(4344 per cent; money on call
steady; high, 254 per cent; low, 2 per cent;
ruling rate, 2 per cent; last loan, 25, per
cent; closing bid. 2 per cent; offered at
254 Per cent.
London, February 17.—Bar silver, 22>id
per ounce; money, 1 per cent; discount
rate, short and three months, 154 per
cent.
Metal Market
New York, February 17.—Tin dull. $33,300)
TA Copper dull; electrolytic, 14.62014.87c;
casting. 14.260114.62c. Iron quiet and un
. changes. At London: Spot copper, £83
U7s 6d; futures, £63 12s Gd; spot tin, £176;
■futures, £154.
■ New York, February 17.—Load steady,
■8.8203.87. London, £19 3s 6d. Spelter
firm, $8.65(38.90. London, £39 17s Gd.
Sugar Market
New York, February 17.—Sugar futures
w*re firmer earlier today on active buy
ing by commission houses and trade intep
ests, prompted by unfavorable weather
advices from Cuba. Prices at noon were
16 to 22 points net higher. Raw sugar
strong; molasses. 3.74c; centrifugal, 4.51c;
refined steady.
Profit-taking caused a reaction in the
late trading. The closing was steady, 6
to 16 points higher. Sales, 84m> tons; Feb
ruary, 3.80c; May, 3.88c: June, 3.92c; July,
1.96c; September, 4.04c.
Live Stock Market
Kansas City, February 17.—Hogs: Re
ceipts, 11,000; lower; bulk of sales, $6.65(4
«.85; heavy, $6.6506.70; packers, $6.0506.86.
Cattle; Receipts, 2200; higher; prime
steers, $7.7508.25; dressed beef steers, $6.50
®7.7B; southern steers, $5.7507; cows, $4.23
06.76; heifers, $5.5007.50; stockers, $5.50(4
7.60.
Sheep; Receipts, 12,060; steady; lambs,
18(48.45; yearlings, $0.75(38; wethers, $6.25(4
7; ewes, $5.7506.60.
Chicago, February 17.—Hugs: Receipts.
42,000; weak; bulk of sales, $6.5506.65;
light, $6.4006.65; mixed, $6.4506.65; heuvy,
$6.2006.60; rough, $6,2006.35; pigs, $5.25@
•.60.
Cattle: Receipts, 8009; strong; native
steers. $5.2008.40; cow's and heifers, $3.30@
7.50; calves, $6.50010.25.
, Sheep; Receipts, 14,000; w'eak; sheep,
16.3007.20; yearlings, $7.2507.90; lambs,
$7.2508.65.
St. Louis. February 17.—Hugs: Receipts,
•100; steady; pigs and lights, $4.5906.75;
mixed, $6.6006.85.
Cattle: Receipts, i860; higher; native
beef steers, $708.50; cows and heifers, $50
• 26: stockers. $5.2607.23.
Sheep: Receipts, 22000; stead'': native
muttons, $506.75; lambs, $808.70; yearlings,
$707.75.
Coffee Market
New York, Feb. 17.—After a quiet anu
somewhat Irregular earlv session, coffee
futures became more active today with
prices advancing on covering, trade and
European buying. The market opened 1
to 2 points higher and closed at a ne
advance of 9 to 12 points. Sales, In
cluding exchanges, 31,000. February, 5.56c
March, 5.60c: April, 5.68c: May, 6.77c'
June, 6.80; July, 6.87; August, 6.93; Sep
tember, 6.98; October, 7.0«; November,
T.12c; December, 7.19c.
Spot steady, Rio No. 7. 73«c; Santos No
4, 9*c.
Owing to the holiday there were no
milrels quotations from Brazil, rtecejp:*
at the two Brazilian ports, 38,000: Jun
dlahy receipts, 28.000. The cost and
freight market prices general!'- were un
changed.
Cotton Seed Oil
New York. Feb. 17.—Cotton seed oil was
lower under scattered liquidation, occa
sioned by the weakness in other commod
ity markets ami disturbing shipping news
front abroad. Final prices ware 3 to 4
points net lower.
Spot. 7.1207.25c. February, 7.1507.23c;
March, 7.19@7.21c; April, 7.21@7.28c; May,
Hubbard Bros. & Co.
C.Huu Merchants, Hanover Sana re, Jr.
V, Members New York Cotton Exchange,
New Orleans Cotton Exchange, New
York Produce Exchange. Associate
Members Liverpool Cotton Association. 1
Orders solicited for the purchase and •
sale of Cotton and Cotton Seed Oil for :
future delivery. Special attention and j
liberal terms given for consignments of ,
•pot cotton for delivery. Correspond- ;
cnce Invited.
__CLOSING STOCK QUOTATIONS
._xugil. XiOW. X_XOSt\
Antal. Cop.8600“ 63% 65% 62%
Amer. Agr. .. 49
Amer. t5an .2200 27 % 27% 071.
Amer. C. * F. . . . 300 44% 44% 441.
Amer. Cities pfd.. 69
Amer. C. O.800 45% 44% 44%
Amor. Smelt.8100 64 's 61% 01%
Amer. Snuft. 14S
Amer. Sugar ... 400 102% 102 102%
Amer. T. & T. ..2300 119% 118% 119
Amer. Tob. 200 226 223 223
Atchison .2100 94% 93% "93%
Atlantic C. L. .. 200 105 104 ' 105
Balt. & Ohio ...3000 68 67 67%
Bethlehem Steel 4000 56% 55% 55%
Can. Pacific ...2800 157% 156% 156%
Cent. Leather ..5600 35% 34% 34%
Ches. & Ohio ...1500 51% 41 11%
Chi., Mil. & St. P.1100 86 85% 85%
Brie.3300 21% 21% 21%
Gen. Electric ... 100 141% lip, 141%
Gt. Nor. pfd- 400 114% 114% 114%
111. Central . 300 105% 105% 106%
Interb.-Met. pfd 1800 57 56% 56%
K. C. Southern , ,., . 22
Lehigh Val.1000 132% 132 132
Louis. & Na*h. . 100 115 115 115
Liggett & Myers.205
Lorillard Co.IGo
Mo.. K. & T, ... 200 10% 10% 10%
__ Sales. High. Low. Close.
Mo. Pacific _ 500 10U kT% llV%
Mox. Petro.11500 70 01% 65
N. Y. Cen.2400, 84 83 83%
N. Y„ X. H. &
Hartford.2600 47 '» 47 47%
Xorf. & West. ... 800 100 90% 99%
Nor. Pacific .... 800 102% 102 102',
Pennsylvania ...1500 104% 104% 104%
Reading .23000 143% 142% 142%
Rep. I. & S. 19
do pfd.'.. 73
Rock Island Co.. 100 % % %
do pfd . 100 1% 1% 1%
St. L. & Sat) F.
2d Pfd. 3 ’ 2
Seaboard A. L. 12 %
do pfd. 200 36 36 36
Sloss-Sheff. S. &
Iron. 25
Sou. Pacific -2300 83% S3% 83%
Southern Ry. ..2700 15% 14% 15
do pfd . 600 48 48 4 8
Tenn. Copper ... 900 29'4 29', 29%
Texas Co. 400 129 127% 128
Tex. & Pac.100 12% 12% 12%
Union Pac.9000 119% 118% 118%
U. S. Steel . 26300 43 42 42
do pfd . 600 104% 104', 104%
Utah Copper . ..3600 52% 51% 51%
Va.-Caro. Chem. . ... .... , , , . 29%
West. Union ....1200 63 % 62% 62%
I_aaicB um me ua.v, jss.iOO shares.
__LOCAL SECURITIES
--Brr—sm— -
~ “ STOCKS
Ala. P. & I, .. 4 f* 52
Amer. C. Rys. pfd .. 6 60 62
Amer. C. Rys. 17
Amer. T. & Sav. Bk... 8 1«0 170
Avondale Mills, com. ., 8X 95 105
Avondale Mills, pfd... 8 100 108
Bessemer C. 8k I. .. 45
^ & s.1# MS 255
B ham Baseball Asso.. 140 170
B ham R. L., & p, com 72
B ham R„ L. & P., pfd 77
B’ham Realty Co. 4 150 176
Cham, of Com., pfd..., 7 80 70
Corey Land ,,,,,,,, 60 7*
East Lake Land •••••• .. 76
iimwood Cem. Co. .... 4 65 "5
Empire Im., pfd ...... 8 100 102
Empire Im., com. 8 70 85
Ensley Land .......... 86 110
First Nat. Bank .12 235 256
Great Sou. Life . , n
Interstate Casualty .. 1 3
Jefferson Fertilizer ... 8 106 120
M. & M. Bank . 8 115 125
North B’ham Land ... 15 22
Realty T. C., coin.• 1O0 110
Realty T. Co., pfd .... 8 100 110
Sou. States Fire . 1 8
Traders Nat. Bank .... 9 150 180
_ Kate. Bid. Asked.
BONDS "
AIa State ref. 1920 ... 4 96 100
Ala. State Renew. 1956 344 so 85
Ala. State Renew, 1956 4 97 101
Amer. c. Rya. 5 *5 SS
Ala. Cons. . ( 75 go
Bessemer C. 4k 1.6 100 103
B. R, L. * p. 6 96 99
B. R., L. & P.414 gs 90
B’ham Ice Factory .... 6 100 106
B’ham R 45 E.5 99 toi
B’ham Waterworks .. 6 102 105
City of Birmingham .. 6 100 104
City of Birmingham .. B 95 101
Continental Gin .5 100 105
Jefferson County . 5 101 104
Jefferson County . 6 102 107
Jefferson County .444 95 101
Jefferson Realty . 8 100 106
Milner Land Co. . 6 96 101
Nashville Railway .... fi 99 101
Pratt Consolidated .... 5 77 83
Sloss I. 45 S. 6 99 100
Sloea I. 45 S.414 92 95
T. C. I. gen. mtff. 5 95 100
T. C. I. Tenn. Dlv. 6 99 103
T. C. I. Ship Blilg. ... 6 101 105
T. C. I. B'ham Dlv. 6 99 103
1. C. I. CHliaba Dlv ... 6 100 103
Woodward Cons. . 9 95 109
Federal Supervision of Cot
ton Trading Causes Loss
at New Orleans
New Orleans. Feb. 17.—In the first day
of trading: in cotton under federal super
vision prices lost 6 to 11 points on future*
closing at the lowest, while spots lost
one-eighth of a cent a pound, middling
being quoted at 7.94c, as against 81-lGc
Monday. Under the new system, spors
will be quoted in decimal fractions. The
decline in spots was due to the fact that
the market today was quoted on new gov
ernment standards, which are somewnat
lower in quality than the old, necessitat
ing an adjustment in prices.
The volume of business done was small
and traders spent much of their time
considering the changes made by the new
federal law. Speculation was chiefly con
cerning the manner In which deliveries
would be influenced. It was argued that
the first effect of the new law would
be to bring about a hitherto unknown
uniformity in quotations, methods of do
ing business and in grades.
The disposition was to trade in the
distant months, which was due to the
uncertainty of the workings of the new
law in regard to tenders on contracts
and the desire of most brokers not to
have many March and May commit
ments on their books until they should
have more experience with the new order
of things.
New Orleans Cotton Futures
New Orleans, February 17.—Cotton
futures closed quiet at a net decline of
6 to 11 points.
_High. Low. Close.
March. 8.15 ~ 8.07 8.05
May . 8.43 8.36 8.35
July . 8.62 8.64 8.53
October . 8.88 8.79 8.79
December . 8.98 8.94 8.94
New Orleans. Feb. 17.—Cotton opened
barely steady. March, 8.11c; May, 8.39c;
July, 8.59c: October. 8.83c; December,
8.98c asked.
New Orleans Spot Cotton
New Orleans, Feb. 17.—Spot cotton
quiet. Sales on the spot. 1350 bales. To
arrive, 1020. Good ordinary, S.OCc; strict
Rood ordinary, 6.62c; low middling, 7.12c;
strict low middling. 7.57c; middling, 7.94c;
strict middling, 8.19c: good middling, 8.63c;
strict good middling, 9c. Receipts, 2469;
stock. 420,191.
Montgomery Market
Montgomery, February 17.—(Special.)
Spot cotton was quoted today as fol
lows: Middling, fair, new, 8.75c; strict
good iniddllng, 8.38c; good middling, old,
8 cents: new, 8.20c: strict middling, old,
794 c; new. 8c; middling, old, 744c; new,
7.76c; strict low middling, old, 7 44c;
new, 7.25c; low middling, old, 6c; new.
6.75c; strict good ordinary, old, 594c;
new, 6.25c; good ordinary, old, 644c;
new, 6.88c. Market quiet.
Late Judge Lackland Honored
Chatom, February 17.—(Special.)
Circuit court convened here Monday
morning with Judge A. H. Alston of
Clayton. Barbour county, presiding, and
Capt. John McDuffie of Monroeville, act
ing as state solicitor. Upon organiza
tion of the Juries, Judge E. D. TurneT
presented a set of resolutions to the
court and bar In honor of the late
Judge John T. Lackland, who died
since the last regular term of this
court, and was the presiding Judge of
this circuit ut the time of his death.
Upon the presentation of this resolu
tion remarks were made by lawyers
present. The resolutions were accepted
by the court and ordered spread upon
its minutes. Court adjourned until
Tuesday morning as a further mark of
respect.
Difficult Choice
From the Pittsburg Post.
"Dorris wants me to quit smoking."
“Going to quit?”
"Dunno. Mabel wants me to save ci
gar bands for her and I've promised to get
some coupons for Stella.”
7’3®J.24c June. 7.35®7.38c; July, 7.42®7.43c;
August, September. 7.63&7.65C. Total sales,
10.300.
N«va] Stores
Savannah, Ga., February 17.—Turpentine
steady, 42c; no sales; receipts, 47; ship
ments, 14; stocks., 36,347. Rosin firm; calcs.
CUiptnsnts, 1500; stocks,
186,402. Quote: A and B, 82.95; C, D.
82.0244; E, 13.06; F. 83.0744; G, 33.10; H
83.1244: I. »jW;.,K. 13.35; M, 84? N 85'
WG, 85-40;. tVW, 5,60. *, ■
WHOLESALE TRADE
Green Vegetables Scarce as
New Orleans Shipments
Fall Off
J rade on Morris avenye has been up
to the standard for mid-week business,
and preparation for tile week-end sales
is under way. Fresh eggs are in good
demand, and supplies are abundant,
large shipments arriving daily from ail
parts of the state. Today's quotation
is 21 cents for the country product and
23 ti nts on graded carton eggs. The
supply of hens is also said to be ade
quate.
Green vegetables are reported rather
scarce in Birmingham. At the pres
ent season mum. of this kind of pro
duce is furnished by New Orleans ship
pers, and the great crowds assembled
in that city for the Mardi Gras festi
val are expected to consume what would
otherwise be a shipping surplus.
LOCAL QUOTATIONS
Spot Cotton
Good middling . g
Strict middling . 71;
Middling .
Strict low middling .'
Tha Iron Market
.RO.OO01O.6O
..
ff . 8.0003.60
Gray For**. «.60®8.00
..
iB . 8.60C 10.00
Poultry and Egfa
Hena, 16c.
Live turkeys, 37c; dressed turkeys 20c
Fryers—1*4-1 *4 lbs. average. ISc
Ducks—16c lb.
Guineas—30c.
Roosters—15c
Geese—75^t90c.
«Xr.e'^C°Untry C68‘’:it: graded carton
fceo°i mJC.
„ . Moat a
J ?SlLCOUnU? eggs-23c; fresh candled
to -3c; graded carton eggs—25c
Extra. Hibs—11c.
Bellies—2o-25c; 12c.
Boston Butts—12c.
Fork Loins—1214c.
Breakfast Bacon—23c.
Spare Ribs—9>4c.
Regular Hams—1614c.
Skinned Hums—16c.
Fruits and Producs
Lemons—$3.50.
Limes—6L 26.
Florida Oranges—gl.7502.26.
Grapefruit—11.7602.26.
Grapefruit—Per barrel, $3.
Tangerlnes-81.75 per strap; |2.60 per box,
Florida Strawberries—3O04Oo qt.
Apples—York Imperial, 1303.60; Bald
wins, $3@3.50; Ben Davis, |2.50®3- box
apples, $1.2501.75.
Peanuts—5140644c per lb.
Malaga Grapes—$606 per keg.
Tomatoes—$303.60 per crate.
Cocoanuts—$4 p«r sack.
Cranberries—Per box, $1.7602- oer h« r.
rel, $7. r
Celery—Florida, per crate, $2.60 - 75c
dozen.
Walnuts—16020c lb.
Pecans—1214020c per lb.
Filberts—15c per lb.
Almonds—20c par lb.
Chestnuts—#o per lb.
Lettuce—$1.2602.26 hamper.
Eggplants—$3.60.
Green Peas—$3^
Green Beans-g3.50.
Onions—214c per lb.
Spanish Onions—$1.76 per crate.
Sweet Potatoes—$1 per bushel.
Irish Potatoes—76c per bushel.'
Cabbage—2c per lb.
New Cabbage—$2 per crate.
Loudon Layer Raisins—$1.75.
California Figs—$2 per case.
Seed Potatoes—$101.20 bu.
Onion Sets—$1.7502 bu.
Crumry Products
Creamery Butter-32026l4c; process but.
ter, 2uc; oleomargarine. i60j*c.
Full Cream Cheese-17c; Imported Swiss.
13c; Pimento, dos., II S.
flak
Perch—Sc.
Salt Water Trout—1114012c.
Blue Catfish—Tide.
Red Snapper—914010c. i
Gray Snapper—406c.
Mullet—o©dc.
Spanish Mackerel—1214016c.
Frean Pompano—(again
,Delaware Oysters—Standards, 30c gal
lon; selects. R.25 gallon; extra selects, I
R.3S.
Gulf Oyetera-!S0S.IO per ISM. I
i
Hide* and Tallow
Green salt bides, 16017c; green salt I
hides (balf cured), 16016c; green hides, 1
(fresh). 14016c; dry flint hides, 2l0Mc; i
dry salt hides, 28027c; damaged hides, i
half price; aheep skins, 60060c; horse I <
hides, $203.60; sherltngs, i5©26c; goat |
New York Close Is Steady
At 11 to 12 Points
Decline
"
New York, February 17.—Cotton was
lower today under continued scattering!
liquidation. The close was steady at a
decline of 11 to 12 points.
Relatively easy Liverpool cables were
accompanied by some foreign selling or
ders at the opening. First prices were
barely steady at a decline of 5 to 7 points.
Active months sold about 7 to 9 points
net lower during the early trading. There
was some trade buying on this decline,
while offerings were by no means heavy
or general and prices soon rallied to with
in 3 or 4 points of last night’s closing on
covering. Another slight rally occurred
during the early afternoon on the con
tinued heavy exports, but the market
weakened again in the later trading un
der further liquidation, and rather more
aggressive selling, which appeared to ho
encouraged by talk of an easier spot
market. The close was at the day's
lowest.
Southern reports said it was easier to
buy spot cotton today than for sometime
past, and predictions that winter killed
grain in the southwest might be replaced
with cotton this spring, may also have
been a factor on the late decline. South
ern spot markets as officially reported
were ijjc lower to 4 points higher, gen
erally unchanged.
Continued apprehensions of a check to
the export movement through possible* de
velopments in t.he naval war zone wero
expressed during the day, and the do- ,
dine In sterling exchange has ailso en
couraged predictions of diminished ac
tivity on the part of foreign buyers.
New York Cotton Futures
New’ York, February 17.—Cotton fu
tures closed steady.
High Low. Close.
March . 8.45 S.40 8.38 !
May ... 8.72 8.6 1 8,64
July . 8.90 8.82 8.82 ,
October .. 9.16 9.07 9.07
December . 9.32 9.2 4 9.2 1
New York Spot Cotton
New York, February 17.—Spot cotton
quiet; middling uplands, 8.55o.t Sales, 24“! g
bales.
New York, February 17.—Cotton fu- ]
tures opened barely steady; March, 8.46® •
8.72c; .Tunc, S.TSc; July, 8.90c; August, {
8.96c; September, 9.05c; Ostober, 9.14c; No
vember, 9.16c; December. 9.28c; January.
9.37c.
Fort Cotton Movement
New' Orleans: Midling, 7.94c: receipts. *
2469; sales, 2370; stock. 4 20,191.
Galveston; Middling, S.46e; receipts, I
25,117; exports, 60,895; sales, 2664;
stock, 587,681.
Mobile: Middling. 7**4 o; receipts, 747,
sales, 225; stork. 48,041. g
Savannah: Middling. 8V4c; receipts, g
12,205; sales, 1695; stock, 295,978. \
Savannah: Middling. 8V*c; receipts, f
Charleston: Middling, 8c; receipts. 2
920: stock, 1 18,068. «.
Wilmington; Middling, 8c; rectiptr, c
776; stock, 56,717.
Texas City: Receipts, 4932. *
Norfolk: Holiday: Receipts, 3235, ^
stock. 89,676.
Baltimore: Middling. 8 He; stock, f
j
Boston: Middling, 8.55c; receipts, 343. f
stock. 11,100. l
Philadelphia: Middling. 8 80c; stock.
7655. Y
New York: Middling. 8.55c; receipts.
468; exports. 5824; stock, 111,035. p
Minor ports: Receipts, 2574; exports,
2574; stock, 137,198.
Total today: Receipts, 53,776; exports.
69,293: stock, 1,886,022.
Total for week: Receipts, 252,812; ex- v
ports, 254,810. c
Total for season: Receipts, 7,541,851: n
exports, 4,773,980. r
_ r
Interior Cotton Movement
Houston: Middling, 8.40c; receipts
7520; shipments, 8961; Bales, 1295; stock, ;
£04,772.
Memphis: Middling, 7.88c; receipts
3007; shipments, 3555; sales, 1500;
stock, 224,833.
Augusta: Middling. 7.97c: receipts,
1887; shipments, 1341; sales, 690; stock,
148.536.
St. Louis: Middling, 8c: receipts. 6173;
shipments, 5203; sales, 80: stock, 38,543.
Cincinnati: Receipts, 2103; shipments,
1638; stock, 12,144.
Little Rock: Middling. 7.75c; receipts,
1789; shipments, 1101: stock, 59,642.
Dallas: Middling, 8c; sales, 2875.
Total today: Receipts, 22,479; ship
ments, 21,799; stock, 688,470.
Liverpool Cotton
Liverpool. February 17.—Spot cotton
er.r.ler; good middling. 5.29d; middling,
4.P9d; low middling, 4.S8d. Sales, 6000; spec
ulation and export, 1000; receipts. 17,804;
futures quiet. May and June, 4.8(i!4d; July
and Augusct, 4.!>5*,<.d; October and Novels
ber, 5.07%d; January and February,
5.14tsd.
Dry (taxis Market
New York, February 17.—Cotton goods
were quiet and steady today, regular
print cloths selling at 2%c. Mills were re
luctant to accept late contracts at cur
rent prices. Worsted yarns were firm.
Hubbard Bros. & Co.’s Letter
New York. February 17.—(.Special.)—To
day’s market continued dull and was un
der pressure, owing to the continued un
certainty as to the possibility of Inter
ruption In ocean commerce, which matter
has been discussed by the trade almost to
the exclusion of other factors for the
past week and has naturally Increased the
pessimistic feeling in local circles. The
market, however, displays a strong un
dertone and there appears to be buying
for spot people and exporters on each de
cline.
Exports today were practically 60,000
bales. Mall advices from Liverpool state
that tho continent, particularly Russia,
has been buying cotton forward against
future requirements, as was the case In
the last large crop, and that these pur
chases have been hedged by the purchase
of contracts In Liverpool on the part of
the merchants who made the contracts
with the manufacturers. This is an in
teresting development as indicating the
feeling in reference to present prices In
their relation to future supplies on the
part of the foreign manufacturers.
Theer is likely to be little change In the
present market until the uncertainty as
to communications Is relieved.
Fulfilled
From Judge.
Mrs. Gnnggs: Before we were married
you used to say you could listen to my
sweet voice all night.
Mr. Gnaggs: Well, at that time I had
no Idea I’d ever have to do It.
Bkins, 80®25c; kid skins, 10o; tallow, 5@c;
skins. 30®86c; kid skins, 10c; tallow, 5®6c
:lean unwashed wool, 30® 23c; burry wool!
12015c; ginseng, 8405.
Flour and Breads! uffs
Self-rising flour, 88.60; Tennsssee flour,
18; Michigan flour, 18.95; Idaho flour,
8.30; Indiana flour, 88.30; spring wheat
lour. $8.45; hard winter wheat flour, 88.20;
shorts, (38; pure wheat bran, 182; C. 8.
meal, 7H per cent, $30; Cremo meal, per
:on, $26; C. S. hulls, 811 ton; No. 1 timothy
lay, per ton. $25; mixed alfalfa and John
son grass, per ton, 119; pea green alfalfa,
western. 826; mixed reeds, per ton, $35;
>ats, per bushel, 75c; corn, per bushel,
11.03; corn meal, $1.85 per 96 pounds.
_
Fears Caused By Starvation
Duel of Germany and
England
Chicago. February IT.—Misgivings
ever the shipping crisis brought about
by the attempted starvation duel be
tween Germany and Great Britain had
ti demoralizing effect today ou the
wheat trade here. An extreme break
>f 6%S®6’4c resulted and the market
dosed much unsettled at 2%c to 4'4©
\%c under last night. Other net losses
were: Corn. 1%®1%C to l%c: oat.-, P1
1140. and provisions, 10®27%c.
Corn prices suffered from a storm
>f selling induced by the downward
plunge of the wheat market and by
nuch stored coru in sight.
Oats gave way with corn and wheat.
Weakness of grain and hogs carried
provisions heavily downward.
Chicago. February I 7.—Grain and pro
visions:
Wheat— Open. High tow. Close
day .1.821T i”«S 1.67V J.60~
luly. 1.35% 1.36 1.3014 1.32%
Corn—
day . 7!) 70V4 76% 77%
luly . 80% 80% 78 79%
Oats—
day . 60% 60% 58% 59%
iul.v . 56% 56% 56% 55%
Pork—■
day .19.09 19 00 18.77 18.82
luly .19.40 19.40 19.17 19.25
Lard—
day ......10.85 10.83 10.72 10.77
■uly . 10.92 10.S7 10.90
Ribs—
day .10.22 10.25 10.15 10.15
uly . 10.50 10.50 10.37 10. to
Kansas City Grain
Kansas City, February 17.—Wheat,
<0. 2 hard, *1.5401.55; No. 2 red, *1.33%
*1.54%; corn, No. 2 mixed, 70VjOf71c;
To. 2 white. 74c; No. 2 yellow. 71®
l%c; oats. No. 2 white, 57®57%< No.
mixed. 51 0 56c.
hit. Louis Grain
St. Louis. February 17.—Wheat, No.
red, *1.57 No. 2 hard, *1.68® 1.60;
ihV, *1.55: corn. No. 2. 73%c; No. 2
‘vhito, 76%®76c; May, 77%o: oats. No.
, 57®57%c: No. 2 white, 68%c® Mav,
8%c.
Chicago Grain
Chicago, February 17.—Wheat, No.
red. *1.57% ® 1.62; No. 2 hard, *1.58%
7 1.63; rys No. 2. $1.26; barley. 78m
5c; timothy, *5.5006.50: clover. *11.50
I’14; pork. *17018.45; lard, *10.35 ribs,
9.260 9.75.
Produce Market
New York, February 17.—Butter, receipts
118: market unsettled; creamery extras,
2 score. 30®30%c; creamery, higher seor
7g, *31®31%c; firsts, 28®i29%c. Eggs, firni
r: receipts. 7129; fresh gathered, extras.
7«27%c; extra firsts, 26%c; firsts, 25%®26c;
econds, 24®25c. Cheese, steady and un
hanged. 1750.
IPrcsseit poultry quiet; western roasting
hlekens, 17021c: fresli fowls. 14%®18%c;
iirkeys, 14022%c.
Chicago, February 17.—But.ter un
hanged. Eggs, higher; receipts. 5479; at
lark, cases included. 22026c; ordinary
r.sts, 24®24%c: firsts. 25025%c; potatoes,
nehanged; receipts. 23.
81. Louis. February 17.—Poultry and
utter unchanged; eggs, 23%c.
Kansas City, February 17.—Butter, eggs
nd poultry unchanged.
New Orleans Rice Market
New Orleans, February 17.—Rough rice
as active and strong today, while the
lean grade was strong, quotations re
lainlng unchanged. Receipts: Rough, 8835;
lillers, 8202; clean, 670. Sales, 1136 sacks
pugh Honduras at 3.80®4.50c; 140 sacks
span at 3.6004.10c; 3938 pockets cloun
onduras at 3®6%c.
STEEL ACTIVITIES
ARE INCREASING
U. S. Steel Corporation Ac
tivities Now 64 Per Cent
of Capacity
Cleveland, O.. February IT spe
cial.)—The Iron Trade Review will
say tomorrow
Steel corporation’s activities con
tinue to increase and its production
now represents 64 per cent on ingot
capacity compared with slightly less
than 60 per cent a week ago. Independ
ent* are also increasing production but
improvement is not regular. The ac
tion of the members of the Amalga
mated association In rejecting tho pro
posed wage reductions in sheet and
tin plate mills as submitted by offi
cers of the association after confer
ence with employers is expected to re
sult in serious complications.
The aggressiveness of the Algomn
Steel corporation, Sault Ste. Mario, On
toria, in endeavoring to obtain rail
business in this country Is becoming an
increasingly important factor in the
tail market. The Canadian company
waa the successful bidder on 40oo tons
for the Hocking Valley, although it
was understood that tin- officers or
that railroad were considering ♦ ho ad
visability of paying a higher price and
placing the rails with American mills.
Far orders of the week total about
1700. of which tlie largest wore 76i»
fctock cars placed by the I'nion Pacific
with the Haskell & Barker Manufac
turing Co., and 700 boxcars placed with
the same builder by the Santa l*Y.
The Pressed Steel Far company has
taken 200 tank cars additional for the
Santa Fe. The Baltimore and Ohio is
figuring in repairing a large number
of freight cars, which work would re
quite about 20,000 of steel.
Some car builders are still hoping
that the Pennsylvania will put out in
quiries for about 0000 cars. Tin ma
chine tool market in the east during
the past week has been very active
and a large number of orders prin
cipally for export were booked.
Manfucaturer* are now flguFr g on
contracts for war materials which, if
placed, will still further stimulate the
machinery market. Fitu innati manufac
turers of lathes continue to receive
many orders. Pittsburg and Chicago are
not showing much Improvement In the
machinery market.
Some of tlie eastern ship building
yards now have so many orders for
new boats on their hooks that they
have been compelled to decline offers
for more vessels during the pass few
clays. The Carnegie Steel has ouokctl
9000 tons of steel. Including 6000 tons
of plates for the Fore River Ship
Building company and Coateaville mills
will supply the shapes and plates for
the Standard Oil boat to ho built by
the Newport News company. In bid
ding on the steel for the battleship
California, "Worth Brothers company
ic the lowest on 9400 tons of ;dat«>.
EUFAULA j
Kufaula. Fob. J7.—(Special.)—H. C.
Heath, whose home is near Knterprlse.
lias just been appointed farm demonstra
tor for Barbour county by District Dem
onstrator A. F. Whitehead, according to
word received by T. Pruden, of this city,
president of the board of revenue. Mr.
Whitehead speaks in the highest terms
of the appointee, who Is a graduate of
agriculture from Auburn, and for some :
years has conducted the farm of Ida
father, which is one of the model places i
n the state. '
J. ,T. Wilson, one of the most proml
lent farmers of Barbour county, died lust
light at the residence near Baker Hill. ]
Mr. Wilson had been living on his Henry .
:ounty farm for some time, but returned *
to his Baker Hill place about a month
ago. Several weeks ago he was stricken
with paralysis. Ho owned one of the
largest farms In the county, was Inter
ested in public affairs and was a Mason.
Besides his widow he leaves the following
children: J. D. Wilson. Sour Bake, Texas;
Mrs. S. K. Gibbons, Brewton; O. C. Wil
son. Baker Hill; Mrs. R. P. Williams.
Mrs. M. A. .Tones anti Mrs. W. W. Sil
vers, all of whom live In Barbour county.
Funeral service^ with burial were held
nt Rocky Mount Methodist Episcopal
church, west of the city.
Kufaula friends and relatives have re
ceived word of the death of Eouhs Wells,
formerly of this city, at his homo at Co
lumbus. Oa. During his 13 years resi
dence here he made many warm friends
His wife was Miss Willie Hendrix, h
daughter of the late Ben Hendrix, of
this city. Mr. Wells was the stepfather
of Marian Ramsey, formerly of Kufaula,
who is now superintendent of the Bir
mingham and Columbus division of th,
Central of Georgia railroad.
One of the largest land deals of the
new years was that Just dosed, involv
ing tho purchase of 500 acres by Elmer
C. Ben hrs from Eugene Blackmon, on
tho latter's plantation 10 miles north or
the city, on the Kufaula and Columbus
road.
— —*• -
FLORENCE
Florence. February 17.—(Special.)—Miss
Mary Bradshaw and Frank Woods of
Jackson, Term., were married at high
noon in the Presbyterian church yes
terday with the Rev. G. F. Bill officiat
ing. Tho bride Is a. sister of Repre
sentative Bradshaw of this county, and
the groom is prominently connected with
the engine and boiler works of .lack
son. The bridal party left immediately
[>n h tour of the southern cities.
The Commercial club of Florence has
planned a banquet for F. A. Nolen, who
is local manager of tho International
Africultural corporation, for Friday even
ing at 8 o’clock. This company 1ms moved
recently its clerical force to Florence,
making this a distributing point. This
move makes Atlanta and Klorenco tho
leading working points of this corpora
tion.
New School Building Greeted
Decatur, February 17.— (Special.)—A
lew public school building, costing $1400
lias Just heoti erected at Pleasant Hill,
seven miles in the country out on tho
Decatur and Moulton turnpike. It Is
jne of tjie handsomest rural school
ouildlngs in this part of tho state,
rhe state of Alabama gave $200 toward
:he erection of tho building, and the
people of that community gave the rest
J Hotel $raslwj
Broadway at 29*1* St.
IJork
“An Hotel Whero Gueat, aro Mad* 1
to Fool at Homo”
Not too large, yet large
enough to afford the
maximum of value at
minimum expense.
Exceptionally Accessible I
| 500 Rooms—Moderate Restaurant Charges i
RATIOS
5 Sltiflo Room with ruimluB water
$1.00 tn $2.01 §
s Single Room with tub or shower bath
| $1.50 to $3.0$ =
£ Double Room with ruimlng water
1? Dll I, M.M 3
Double Room with tub or ru>w«r bath
$3.00 to $6 00 |
| EDWARD C. FOGG, Managing Director |
| ROY L. BROWN, Reeident Manager £
Graham Hotel
Fayette, Ala.
tew Building, New Furnish
ngs, Large Sample Room.
- ' ' " ■ ■■
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Count Your Telephones
THE most economical and efficient telephone system
1 is a COMPLETE TELEPHONE SYSTEM. Ade
quate telephone equipment is necessary:
To give a clear track to all Calls from the outside.
To avoid inside delay in sending your calls to the outside. /
To do away with “busy” reports.
To make your telephone system flexible and adequate to -|i
meet all your needs.
' Are your, telephone facilities adequate to meet your
needs?
Telephone, write or call our Contract Department for
detailed information.
SOUTHERN BELL TELEPHONE
AND TELEGRAPH COMPANY |