The Birmingham age-herald. [volume], March 06, 1915, Page 9, Image 9

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

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

                
.STOCKS ATTAIN
? HIGHEST LEVEL
—
Best Prices of the Week
Reached During Yester
day’s Session
New York. March 5.—Stocks attained
their highest level of the week today on j
M of a comPrch*ns,ve and confident
• character. The rise was occasionally inter
rupted by realizing for profits. which,
m however, had little effect on prices, the
more material gains being recorded in
f tho final dealings. Trading was in ex
cess of recent sessions and commission
houses reported an awakening of invest
ment demand, although the inquiry from
this, source was moderate at most.
Conspicuous among the strong issues
were the coalers, transcontinentals and
i grangers, trunk lfnes, I*. S. Steel, Ameri
* can Smelting, National Lead, Amalga
mated Copper and some of the less active
stocks. Average advances ran from 1
L to 2 points, Canadian Paclfio and New
• Haven scoring greatest gains.
Missouri, Kansas and Texas railway
shares and 4ȣ per cent bonds were weak
on extensive offerings, which were at
tributed to Europe, these issues being
largely held in Holland. The company
lias a large amount of notes maturing
on May 1, and some apprehension is felt
as to its ability to meet this payment.
Other issues which failed to participate
in the general advance included Maxwell
motors, first and second preferred, inter
national Harvester, and Baldwin locomo
tive.
There were no outward developments to
(account for the day's movement, foreign
conditions showing little change. The
markets for foreign exenange exhibited
greater firmness, remittances to Ger
many being steadied, according to report,
by purchases of bills against the new
t war loan, which is being privately sub
scribed to in this country. The British
war loan rate was harder in Tendon,
where American stocks were inclined to
sag.
O..o of the helpful features of the local
s • A market was the higher trend of the bond
) ~ group, new issues being in especial re
r quest at steady advances, particularly St.
Paul convertibles and New Tork Cen
tral debenture 6’s.
j.' Total sales (par value) aggregated
I W $3,022,000.
Panama registered 3’s advanced % per
\ cent on call.
CLOSING STOCK QUOTATIONS i
CLOSE ISSTEADY
New York Cotton Market
Strengthened by New
Orleans Buying
New’ York, March 5.—Cotton just
about recovered ^aterday's losses dur
ing: today's trading, with the close
steady at a net advance of from 9 to
IS points.
Liverpool was relatively steady be
fore the local opening, which was at
an advance of 2 points on covering by
some of yesterday’s sellers and a lit
tle scattered buying which was proba
bly inspired .by the.steady ruling of
southern spdl markets at the close last
night.
Prices soon weakened under renewal
of yesterday's selling movement, but
after showing a net loss of 4 to B
points, the offerings tapered off. and
the market firmed up on reports of a
more active spot, demand in New Or
leans at higher pieces, New' Orleans
buying orders, covering and bull sup
port.
Rumors of better prospects for an
early ending of the European war
seemed to encourage the buying move
ment in the late trading, when there
was a considerable demand from Wall
street sources, and Active positions sold
about 13 to 17 points net higher In the
late trading.
Closing prices were a few points off
from the best under realising. Rumors
that some cotton that had been booked
for Rotterdam was being offered for
resale in the Savannah market, did not
seem to attract much attention and the
trade seemed to be less nervous over
the matter of deliveries on sellers'
classification under the provisions of
the cotton futures law. The New York
revision ^mmittoe has now established
differences on grades of tinged and
stained cotton.
WEEKLY COTTON REVIEW 1
Total Business Transactions
Below Normal, Says
Dun’s Review
New York. March S.—Dun's review of
ttnde tomorrow will nay:
Conditions In business are very mucli
mixed. Total transactions are still be
low those of recent years. There is a
large attendance of retail distributors in
the textile markets and they buy often,
br.f as a rule. In comparatively small
lots for immediate needs, and keep their
stocks low. "Many of the cotton mills
n-e running? on full time and there is a
satisfactory business in clothing.
Some Improvement is noted In the shoo
Industry* but conditions are still far from
normal. Shipbuilding is very active.
Large sales are reported of automobile*.
Commodity prices generally are lower.
Conditions in anthracite coal are better,
but the bituminous situation is unsatis
factory.
Exports continue very aeavy notwith
standing the risks of shipping. During
th last week of February there was a
tri.de balance for the United States of
nearly $26,000,000 while for the last three
months It amounts to $41lt0uQ^M0. Evi
dence accumulates of a transference of
th ancle! power and commercial oppor
tunities to the United States from the
waning nations across the Atlantia, and
that the International exchanges will
favor this country to such an extent that
there will be a heavy balance in our favor,
not merely in merchandise as usual, but
in the entire aggregate of foreign trans
actions.
Bank clearings for the week total $3*«
1t4,381,717. a decrease of 1.3 per cent, as
compared with the same week last year.
Commercial failures for the week num
ber 478 against 350 the corresponding
week a y.*ar ago. In Canada the failures
for the week were 34 compared with 48
a year ago.
Copper Exports Report
Washington* March R—Copper exporta
during the week ended February 27 total
10,172.719 pounds, the department of com
merce announced tonight. Imports for tbs
week were 3.504,296 pounds.
____Sales. High. Low. Close.
Amal. Cop.13600 55 52% bT~
Amer. Agrlcul. .. 100 49% 49% 49%
Amer. Can .4200 28% 27 28%
Amer. C. & F-^0 42% 42% 42%
Amer. Cities pfd. 50%
Amer. Cot. OH 700 46% 46 46%
Amer. Smelt. ...4700 64% 63 61
Amer. Snuff. 100 152 152 152
Amer. Sugar .... 400 102 101% 192
Amer. T. & T- 300 120% 120% 120%
Amer. Tob..224
Atchison.3700 96 95% 96
Atlantic C. L,.100%
Balt. & Ohio ...3500 88% £6% 68%
Can. Pacific _4400 158% 156% 15S%
Cent. Leather .. .1200 34% 34% 34%
Ches. & Ohio ,..1500 42% 41% 42%
Chi.. MU. & St. P.3400 88 86 87%
Erie .4200 22% 21% 22%
Gen. Elect. 100 139% 139% 139%
Gt. Nor. pfd ....1100 116 115 116
Illinois Cent. ... 100 104% 104% 104%
Interb.-Met. pfd.7600 57% 66% 57%
K. C. Sou. . ... 23
Lehigh Val.1900 134% 134% 134%
Louis. & Nash... 200 113 112% 113
Liggett * Myers.210
Lorlllard Co. 100 ISO ISO 180
Mo.. K. & T.-3800 10% 11% 10Vi
Mo. Pacific .3500 12% 11% 12%
Mex. Petroleum.700> 67% 65% 67%
4 Ti~ —
Sales. High. Low. Close.
X. Y. Central ...4900 84 82% 84 '
N. Y, N. H. &
Hartford .5600 50% 48% 50%
Nor. & West. ... 500 101% 101% 101%
Nor. Pacific.1600 10,1% 102% 101%
Penn.1000 105% 103 103%
Reading .30600 145% 143% 145%
Rep. I. & S. 800 20% 19% 20%
do pfd . 100 76% 76% 76%
Rock J. Co. 600 ■ % % %
do pfd . 300 1 % 1% 1%
St. L. A San F.
2d pfd . 200 1% 3% 3%
Seaboard A. L. .. 400 13 12% IS
do pfd . 700 33% 32 33%
Sloss-Sheff. S. A
Iron . 200 26% 25% 25%
Sou. Pacific .6800 84% 83% 84%
Sou. Railway ... 900 15% 15% 15%
do pfd . 700 48 47 % 48
Tenn. Cop.3800 26% 26% 26%
Texas Co. 200 133 132% 133
Texas & Pacific.. 200 13 12% 12%
Union Pacific ..15500 119% 118 119%
U. S. Steel .34200 45% 43% 45%
do pfd .1900 105% 104% 105
Utah Cop.3100 63% 52 52%
Va.-Caro. Chem.. 700 21 % 20 21%
West. Union .... 600 63% 63 % 63%
Bethle. Steel ...3100 56 65 56
Amer. H. s...3200 40 39’, 39%
New York, March 5.—Cotton baa been
very nervous and irregular during the
week, but a sharp break on the announce
ment that the allies would endeavor to
prevent shipments of all commodities to
Germany and Austria, was followed by
a rally owing to the continued steadiness
of southern spot markets and continued
predictions of a sharp decrease in the
coming acreage
Increased arrivals of consigned cotton
here from the south and the fixing of
differences on some grades of tinged and
stained cotton have been accompanied by
rather heavy selling by one or two of the
larger spot interests. Otherwise, however,
there has been very little selling at
tributed to the hedging of spot supplies,
and the continued absence of such pres
sure has doubtless encouraged some fresh
buying by investors as well as covering
of shorts* on declines
Notwithstanding the comparatively
steady ruling of prices, genorul business
has been very much restricted. Marine
Insurance is reported to be held at prac
tically prohibitive rates, except where
underwriters are relieved from claims
arising from detention or seisure by the
British governmen^>r its allies. It is ap
prehended that the situation in this re
spect may prevent further direct exports
to Germany and possibly restrict the
movement to certain of the neutral ports.
There have been rumors. In fact, that
exporters were endeavoring to relet ocean
treight roogt, and predictions have been
more or less general that unless the situ
ation in this respect soon Improves, •cot
ton held in this country for German and
Austrian account may either be offered
for resale or hedged in the contract mar
kets. Such considerations, combined with
uncertainties as to the development of
new crop prospects, and the stability of
ren aining spot holders have doubtless
cheeked fresh buying for long account.
Dally clearances, however, have con
tinued liberal and the Interior towns are
now showing considerable decrease Fail
ures of the apprehended restriction on ex
ports to cause immediate weakness in the
spot markets has also served to offset
some of the less favorable features.
WHEAT DISTURBED
BY EXPORT FEARS
Market Is Unsettled. But
With Little Change
in Prices
Chicago, March 5.—Fears that export
demand for wheat from the United States
might suddenly halt had a disturbing
effect today on prices, but at the finish
the market, although unsettled, was at
the same level as last night to l%e off.
Corn closed H0%c down, and oats at a
decline of %@%c. Provisions wound up
with gains of 2%@10e.
Improved cash demand steadied corn
even more than wheat. Nevertheless,
there was much soiling by speculative
holders and by shorts. Oats took the
same course as other grain. Seaboard
call remained strongly in evidence.
Higher prices for hogs lifted provisions.
Chicago. March 5.—Grain and pro
visions.
Wheat— Open. High. Low! Close.
May . 1.86 1.40 U35% 'f.TFh
July. 1.11% 1.13% 1.10% 1.13%
Corn—
May. 72% 72% 71% 72%
July. 74% 74% 73% 74%
Oats—
May. 65% 55% 64% *>5%
July. 61% 52 50% 51%
Pork—
May .17.40 17.40 17.27 17.37
July .17.75 17.80 17.67 17.75
Lard
May .. 10.37 10.30 10.37
July. 10.62 10.65 10.62
Ribs—
May . 9.92 9.95 9.S7 9.92
July.10.25 10.25 10.17 10.25
St. Louis Grain
St. Louis, March 5.—Wheat: No. 2 red,
$1.68(91.63%; No. 2 hard, nominal; May,
$l.33%c. Corn: No. 2, 7O%071c; No. ? white,
74%c; May 7T%o. Oats: No. 2. 55c; No.
2 vihlte, 50%c: May, 54%c.
Chicago Grain
Chicago, March 5.—Wheat: No. 2 red,
6i.37%01.42; No. 2 hard, $l.3S%1&1.44. Corn:
No. 2 nominal. Rye. nominal. Harley,
0*Oc. Timothy, $5@6.50. Clover, $10.50ra
12.75. Pork, $17. Lard, $9.85. Ribs, $8,754/
9.25.
Kansas City Grain
Kansas City, March 6.-Wheat: No. 2
hard, $1.370*1.38; No. 2 red, fl.8601.36. Corn:
. No. - mixed, ?H*e; No. 2 white. 72c, No.
2 yellow, 73c. Oats; No, 2 white. 5544c; No.
2 mixed, 5244J@5344°*
Produce Market
New York, March 5.—Blitter. 66J.. un
settled. Creamery, extras <92 o.uret,
creamery (higher scores). S04t6?Slc: firsts
264a#Sh'; seconds. 244126c, Eggs glrmer,
18,230: fresh gathered extras. 2l*4©22o:
extra firsts. 2046c; firsts. 1944©20c;' sec
onds. 194)1944°; nearby henery whites, 23
©24c; do browns, 22c. Cheese steady,
5.79c; state whole milk held specials, 17©'
1744c; do average. fancy. 16444}'164ic.
Dressed poultry, very quiet j prices un
changed.
Kansas City, March 6.—Butter, cream
ery, 29c; firsts. 27c; seconds, 85c; pack
ing, 17c. Eggs, firsts. I74*c; seconds, 15c.
Poultry, hens. 14V£c; roosters. IOVjC; tur
keys. 13c.
Chicago, March 5.— Butter, unchanged.
Eggs higher; receipts, 10,181 cases; at
I mark, cases included. 18© 19c; ordinary
firsts. l.SU.r; firsts. 19c. Potatoes loiter; re
ceipts, 40 cars; Michigan and Wisconsin
red, 36©38c; do white. 33©40o. Poultry,
alive, higher: springs. 16c; fowls. 1644c.
St. Louis. March 5.—Poultry unchanged,
except chickens. 14c; ducks. 14*fcr. Butter
and eggs, unchanged.
New Orleans Rice Market
New Orleans, March 5.—Clean rice con
tinued strong today, business being dull
In the rough grade. Quotations un
changed. Receipts, clean, 4322. Bales.
3522 pockets; clean Honduras at. 2%©5c;
168 pockets Japan at 41fcc.
Cotton Seed Oil
New York, March 5.—Cotton seed oil
was higher on support from local bulls,
encouraged by the marked scarcity of
offerings. Final prices showed a net
gain of 6 to 7 points. Spot, 6.7007c; Mar oh.
6.71#6.75c; April, 6.80©6.88c; May, 6.9O06.!IBc:
June, 7©7.04c: July. 7.13©7.14e; August. 7.23
7.24c; September, 7.3l©7.34c; October, 7©
7.25c; total sales. 4300.
■ .»,!---— -
Montgomery Market
Montgomery, March 5.—(Special.)
Spot cotton was quoted here today as
follows: Midtiling fair, new 8.69c; strict
good middling, new 8.32c: good mid
dling, old 7 15-16e; strict middling, old
7 11-16c, new 7.94c; middling, old 7 7-1 6e.
new 7.69c; strict low' middling, old
6I6-I60, new 7.19c; low middling, old
6 7-16o, new 6.69c: strict good ordi
nary, old 6 11-16C, new 6.19c; good or
dinary. old f»5-16c, new X>.82e. Market
quiet.
Plan Naval Review
Washington, March 5.— Plans now be
ing worked out by the navy general board
contemplate the arrival of tiie Atlantic
fleet at New York about May 8. Secre
tary Daniels said today the review in New
York harbor and the war game exercises
In Narragansett buy would take place be
tween May 8 and June 25. The fleet now
is maneuvering off the naval base at
Guantanamo, Chiba.
- *«<*■>• -uo.vvw s;iaro8.
_LOCAL SECURITIES
__ Kate. Bid. Asked.
STOCKS
Ala. F. & 1. 4 40 50
Amer. C. Rys., pfd.... 6 40 51
Amer. C. Rys. 17
Amer. T. & Sav. Bk... 8 160 170
Avondale Mills, com. .. 8 95 105
Avondale Mills, pfd ... 8 100 108
Bessemer C. & 1. 45
B’ham T. & S.10 235 255
B'ham Baseball Asso... 140 170
B’ham R. L., i p., com 6 72 . ,
B'ham R. L., & P., pfd.. 6 78
B'ham Realty Co.4 150 175
Cham, of Com., pfd.... 7 60 70
Corey Land . 50 75
East Lake Land . .. 75
Elmwood Cem. Co. ... 4 70 80
Empire Im., pfd. 8 100 102
Empire Im., com. 6 70 85
Enslev Land . 85 110
First Nat’I Bank .13 235 255
Great Sou. Life . 9 11
Interstate Casually ... 1 3
Jefferson Fertilizer ... 8 105 120
M. & M. Bank . 6 115 125
North B'ham Land ... 15 22
Realty T. Co., com. ... 6 100 110
Realty T. Co., pfd.8 100 110
Sou. States Fire . 1 3
Traders Nat. Bank ... 9 150 160
Kate. Bid. Asked.
BONDS
Ala. State ref., 1920... 4 96 100
Ala. State Renew, 1956 314 80 85
Ala. State Renew, 1956 4 98 100
Amer. C. Rys.5 ss ss
Ala. Cons. 5 75 so
Bessemer C. & 1.6 ino 103
B. R., L. & p.g 94 97
B. R., L. & r. 414 87 99
B'ham lee Factory .... 6 100 106
B'ham R. & E. 6 99 10i
B'ham Waterworks ... G 102 105
City of Birmingham... 6 100 104
City of Birmingham... 5 95 101
Continental Gin . 5 100 105
Jefferson County. 6 101 104
Jefferson County. 6 102 107
Jefferson County. 414 95 101
Milner Land Co. 6 96 101
Nashville Railway _ 5 99 101
Pratt Consolidated ... 5 77 83
Sloss I. & S. G 99 100
Sloss I. & S. 414 02 95
T. C. I„ gen. mtg. 5 95 100
T. C. 1., Tenn. Dlv. G 99 103
T. C. I. Ship Bldg. 6 101 105
T. C. 1. B'ham Div.6 99 103
T. O. 1. Cahaba Dlv.... 6 100 103
Tt oodward Cons. 6 95 102
Bonds
U. S. 2s, registered . OS1^
U. S. 2s, coupon ... 98 94
U. S. 3s, registered ..<401V»
U. S. 3s, coupon . 101H
U. S. 4s, registered . 109H
U. S. 4s, coupon .. 110Vi
Panama 3s, coupon. 101 Vi
Central of Georgia 5s . 101
Illinois Central ref. 4s . 85
Louisville & Nashville un. 4s ....'. 91 %
Seaboard Air Line adj. 5s. 62
Southern Railway 6s. 98%
Southern Railway gen. 4s. 65
U. S. Steel 5s . 100V4
1 Mercantile Paper
\ New York, March 5.—Prime mercantile
j paper, 3Vi@3ys per cent; sterling exchange
j firm, 60-day bills, $4.79.75; for cables,
" $4.81.35; for demand, $4.81. Bar silver,
) 49tyc; Mexican dollars. 37Vic; government
bonds firm; railroad bonds strong. Time
loans, easy; 60 days, 2%@2$4 per cent; 90
days, 2%@3 per cent; six months, 3>i<g
3V4 per cent. Call money steady; high, 2
per cent; low, 1% per cent; ruling rate,
^ per cent; last loan, 2 per cent; closing bid,
‘ ’ll 19i pei' cent; offered at 2 per cent.
ft London, March 5.—Bar silver. 23 3-16d
A per ounce. Money, 1 per cent. Discount
I rates: Short and three months. lVi per
J cent.
I Coffee Market
W New York, March 5.—Coffee futures
I were more active today with price show
| ing decided firmness on the steadier rul
H ing of the primary markets and a re
j newed demand from houses with Euro
I v pean connections. Private cables from
Brazil reporting a good European demand
in the producing markets were also a
factor and after opening at an advance of
6 to 11 points the market here showed
a further improvement on covering and
bull support and trade buying, with the
close at a net advance of 9 to 18 points.
Sales, 26,000; March, 5.73c: April, 5.78c;
V Mayt 5.84c; June. 6.86c; July, 0.84c; An
IT gust, 6.91c; September, ' 6.99c; October,
! 7.05c; November, 7.11c; December, 7.17c;
‘j January, 7.20c. Spot, steady; Rio No. 7,
1 7%c; Santos No. 4. 5%c. Rio exchange on
X London was Vsd higher and milreis prices
A were unchanged. Brazilian port receipts.
I 41,000; Jundiahy. 15.000. Cost and freight
j offers were a shade higher in most in-1
1 stances, quotations ranging from 8.85c
1 to 9.10c for Santos 4s.
Live Stock Market
St. I -on is. March 6.—Hogs: Receipts,
8200; higher, Rigs and lights, $5.5000.90;
mixed, $6.7500,95.
Cattle: Receipts. 700. steady. Native
steers, $74i$9: cows and heifers. $5,500
8.26: calves. $6.00010.75.
Sheep: Receipts. 700; steady. Native
muttons, $6.7507.40; lambs. 58.75@5ld.00.
Chicago, March 5.—Hogs: Receipts. 24.
000; higher. Hulk. $6.7006.80; light. 5G.530
6 85: mixed, $6.55®6.S5; heavy, 5G.3O06.8O;
tough, *6.3006.40; pigs. $6.7506.76.
Cattle: Receipts. 2000; firm. Native
steers, $5.8509.15; cons and heifers, 53.50
®7.70; calves, 56.75@10.25.
Kansas City, March 5.—Hogs: Receipts,
6600; higher. Bulk, $6.6506.70; packers.
56.6607.75; pigs. $6.0006.70.
Cattle: Receipts. 900; strong. Prime
steers. $8.2508.75: southern steers. 16.000!
7.50; cows, 54.2506.76; heifers, <6.0008.50;
Stockers, *6.0007.80.
Sheep; Receipts, 3400; steady. Lambs,
*9.0009.60; yearlings, $7.7508.76; wethers,
57.0007.75.
Metal Market
New York, March 6.—Tin strong;
five-ton lots, *48.50050; 25-toil lots,
518 bid; copper steady: electrolytic,
*14.75014.87: casting, *14.25014.62:
Iron quiet and unchanged: at London,
spot copper, £63 10s; futures, £64; spot
tin, £184; futures, £162 10s; antimony.
£72075.
New York. March 5.—Lead firm. *3.60
@4; London, £20 $4s 3d; spelter strong,
*10,95011.45; London, £44 10s.
Sugar Market
New York, March 5.—Sugar futures
opened .firm, Influenced by the strength
of the spot market for XXX powder
and unfavorable weather reports from
Cuba. Prices at noon were S to 7 points
higher. Raw BUgar strong; centritugal,
•5.77c; molasses, 4c; refined steady.
Realizing depressed prices in’ the late
trading and the market closed easy un
changed to 2 points lower; sales, 4060
tons; March. 3.52c; May. 5.88c; July.
3.9SC; September, 4.07c.
Wool Market
Boston, March 5.—-Business increased
somewhat this week and sales of spot
wools and foreign wools to arrive have
made a market of fair proportions
Prices are very firm and In a few in
stances slightly higher.
■ Advices from abroad are all indi
i catlve of strong competition and ad.
,1 vanclng prlcea •
| i Contracting In the weat la still soat
A Hubbard Bros. & Co.
iWT 2e",r Orleans Cotton Exchange, New’
r« York Produce Exchange, Associate
|| Members Liverpool Cotton Association.
I 1 Orders solicited for the purchase and
■ - sale of Cotton and Cotton fceed Oil for
■ future delivery. Special attention and
H ., liberal terms given for consignments of
Ijt spot cotton for deliver}’. CorrSapond
■ ^ sags invited, _ .
I \
SHOWN Blf COTTON
Strong Buying Is in Evi
dence During Session at
New Orleans
New Orleans, March 5.—Great strength
was displayed by cotton today after a
short period of easiness around'tho open
ing. ?'■’ong buying was in evidence, al
though the ring was unable to name the
interests who were leading in the buy
ing. Shorts covered in confusion and
sentiment was more bullish among profes
sional traders than it has been for a long
time.
Higher spot markets were given as one
of the reasons for the advance in futures,
although many brokers claimed that
spots were following futures. After the
advance wa3 well under w£y the rumor
was spread about that Austria would soon
ask for peace. This undoubtedly brought
In. many buying orders, although there
was nothing in the reliable reports of the
day to confirm the rumor.
In the first tfades prices were 1 to a
points over yesterday’s close on favor
able cables, but heavy offerings met this
small rise and prices were forced 3 to
7 points down. On this decline a buying
wave developed upon which the market
rose 18 to 20 points, reaching its highest
level late in the session. The close was
a net gain for the day of 13 to 18 points.
New Orleans Cotton Futures
New Orleans. March 5.—Cotton closed
steady at a net advance of 13 to 18
points.
High. Low'. Close.
March . 8727 8.26 8.26
May. 8.47 8.27 8.45
July . 8.67 8.47 8.64
October . . 8.95 8.76 8.92
December . 9.09 S.92 9.08
New Orleans. March 6.—The cotton mar
ket opened steady. March. 8.09c; May,
8.32c; July, 8.53c asked; October, 8.81c;
December, 8.97c.
New Orleans Spot Cotton
New Orleans. March 6—Spot cotton firm,
13 points up. Sates on the spot, 616 bales:
to arrive, 2140; Rood ordinary. 6.06c; strict
Rood ordinary, 6.62c: low middling, 7.12c;
strict low middling, 7.67c: middling, 7.We;
strict middling. 8.19of Rood middling, 8.63o;
strict good middling, 9c. Receipts 4580.
Stock, 397,348.
Hester’s Weekly Cotton Statement
Comparisons are to actual dates, not to
close ofl coresponding weeks. p
In sight for week. 331,000; same »even
days last year, ’ 187,000; same seven days
year before, 171,000; for the month, 266,000:
same date year before, 111,000; for season,
12.162,000; same date last year, 13,278,000^
same date year before, i2,469,000. Port re
ceipts for season, 8,265,000; same date last
year, 9,341.000; Same date year before last.
8,799.000. Overland to mills and Canada
for season, 768,000; same date last year,
937.000; same date year before, 912,000.
Southern mill takings for season. 2,198,000:
same date last year, 2,427.000; same date
year before, 2,224,000. Interior stocks In ex
cess of August 1, 931,000; last year, 573,000;
year before, 644,000. Foreign exports foir
week. 356,OCO; same seven days last year,
240,000; for season, 6,533,000; same date last
year, 7.283.000. Northern spinners' takings
and Canada for week, 89,000; same seven
days last year. 68,000; for season, 1,929,000;
same dale last year, 2,200,000.
Statement of Spinners’ Takings
Statement, of spinners' takings of
American cotton throughout, the world:
This week, 298,000; same seven days
last year. 303.000; same seven days
year before, 265,000; total since August
1, 7.825,000; same date last year, 10,
367,000; same date year before, 10,042,
000.
World’s Visible Supply
Statement of world's visible supply:
Total visible this week, 7,620,000; last
week, 7,536,000: same date last year, 6,
079,000; same date year before, 5,581,
000. Of this the total American this
week, 6,007.000; last week, 5,971,000;
last year, 4,236,000; year before, ,4,033,
000. All other kinds this week. 1.612,
000; last week, 1,561,000; last year, 1,
843,000; year before, 1,648,000. Visible in
the United States this week, 2,772,000;
this date last year, 1,670,000; visible
In other countries this week, 4,84S,000;
this date last year, 4,604,000.
tered and prices are without material
change, although very Arm.
Missouri, 89-blood, 36®36c; 89-blood,
36©36c; braid, 31®32n; Kentucky and
similar. 89-blood, ukwashed, 34®35c;
89-blood unwashed, 37® 38c; scoured
baets, Texaa fine 12 months, 72®75c:
fine 8 months, 62®68c.
/ _
Naval Stores
Savannah, Maroh * 6.—'Turpentine
Arm, 42c; sules, none; receipts, 18: ship
ments, 198; stock, 83,427. Rosin firm:
sales, 762; receipts. 239; shipments. 201;
•took. 127,124. Quote: A, B. 12.95; C. D,
12.0289: E, F, a. n. *2.0789; X, *3.12 89;
wa’ **-45: ww
Increasing Strength Shown
in Cotton Market—Brok
ers Covering Contracts
Blight, spring-like weather brought on a
brisk demand among fruit and produce
dealers, and the Indications are that the
week-end trade In all lines will prove ex
ceptionally heavy. The demand for rish
Is heavy; but supplies, with the excep
tion of snapper, are scarce. Snapper has
been very plentiful all the week, several
carloads having been received in Bir
mingham. Eggs are very plentiful, but
the demand Is only fair. Today s quo
tation on fresh country is 18c, a reduction
of 2c per dozen. I
Th; Birmingham cotton market shows
Increasing strength, although spot prices
remair. unchanged at today's opening. Re
ports from New Orleans and New York
exchanges showed a fair demand, brokers
evidently deglrlng to cover such contracts
as could be secured at reasonable quo
tations. and reportB of this kind tend to
bolster up the local market.
Reports from Liverpool and New York
show that few dealers have any faith in
reports indicating an early discontinuance
of hostilities; and those from Washington
indicate that the United States govern
ment will continue its efforts to secure
permission of the English authorities for
American dealers to make deliveries of
cotton' contracted before the contraband
measure was put In effect.
- - -
LOCAL QUOTATIONS
Spot Cotton
Good middling . g
Strict middling . ’ 73/
Middling . 7aJ
Strict low middling .
The Iron Market
if .*io.oo@ao.50
2|r . 9.^^1000
SF . 9.00@9.50
Gray Forge . S.G0@9.00
1S .10.<X>@10.50
2S . 9.oO@10.00
Poultry and Eggs
Hens—15c.
Live Turkeys—ISc; dressed turkeys, 24c.
Fryers—144-144 lbs; average, 18c.
Ducks—16c lb.
Guineas—30c.
Young Roosters—40c.
Old Roosters—33c.
Geese—«0@76o.
Fresh country eggs—18c; graded carton
eggs, 19c.
Meats
Extra Ribs—10c.
Bellies—1114c.
Boston Butts—1044c.
Pork Loins—1144c.
Breakfast Bacon—22c.
Spare Ribs—844c.
Regular Han^- 15c.
Skinned Hams—1544c.
Fruits and Produce
Lemons—93.50.
Limes—J1.25.
Florida Oranges—921(2.50.
Grapefruit—91.75@2.25.
Florida Strawberries—30@40c qt.
Apples—Winesaps, $4.60; Baldwins. 52®
3.50; Ben Davis, 92.50@71.50; box apples
3i.50@1.76.
Peanuts—544@«44c per lb.
Malaga Grapes—95@6 per keg.
Tomatoes—92.75@3.25 per crate.
Cocoanuts—94 per sack.
Cranberries—Per box, 51.7B@2; per bar
rel, 97.
Celery—Florida, per crate, 92.76 ; 75c
dozen.
Walnuts—16@20c lb.
Pecs ns—lB@20e per lb.
FI 1 hurts—16c per lb.
Almonds—20c per lb.
Chestnuts—9c per lb.
Lettuce—11.7B@2.
Eggplants—93.60.
Green Peas—93.50.
Green Beans—93.60.
Onions—244c per lb.
Spanish Onions—91.76 per crate.
Sweet Potatoes—91 per bushel.
Irish Potatoes—75c per bushel.
Cabbage—2c per lb.
New Cabbage—92.25 per crate.
London Layer Raisins—91.75.
California Figs—92 per'case.
Seed Potatoes—91@1.25 bu.
Onion Sets—91.75®2 bu.
Creamery Products
Creamery Butter—32@34c; process but
ter. 30c; oleomargarine, lo@23c.
Full Cream Cheese—17c; Imported Swiss,
33c; Pimento, dosen, 91.15.
Flah
Perch—8c, *
Salt Water Trout—1144612c.
Blue Catfish—744c.
Red Snapper—96044c.
Gray Snapper 9®6c.
Mullet—64469c.
mew lorn lot ton futures
New York, March 5.—Cotton closed
steady.
High. Low. CIobb.
March ............... 8751 8738 8,48
May. 8.73 8.52 8.69
July . 8.93 8.70 8.70
October . 9.22 9.02 9.17
December . 9.42 9.21 9.37
Port Cotton Movement
New Orleans: Middling, 7.94c; receipts.
45S0; exports, S224; sales, 2755; stock, 397,348.
Galveston: Middling. 8.4oc: receipts, 15,
602; exports, 18,025; sales, 1528; stock, 518,
226.
Mobile: Receipts, 775c; receipts, 163;
sales, 50; stock, 56,321.
Savannah; Middling, Sc; receipts, S042;
exports, 2507; sales, 1118; stock, 277,626.
Charleston: Middling, 7:*c; receipts, 1357;
exports, 14,300; stock, 100.155.
Wilmington: .Middling, TTle: receipts,
1889; exports, 10,300; Btoek, 63,750.
Norfolk: Middling, 7.88c; receipts, 2619;
sales, 1235; stock, 77,872.
Baltimore: Middling. 8'4c; receipts, 662
Boston: Middling, 8.55c; receipts, 28;
stock, 12,372.
Philadelphia: Middling. 8.90c: stock, 6426.
New York: Middling, 8.65c; exports, 600;
stock, 131,750.
Minor Ports: Receipts. 2809; stock, 113,459.
Total today: Receipts, 38.111; exports,
49,156; stock, 1,927,229.
Total for week: Receipts, 302,325; ex
perts. 354,615.
Total for season: Receipts, 8,26I.54S; ex
ports, 5,533,195.
Interior Cotton Movement
Houston: Middling, 8.35c; receipts. G400;
shipments, 9325; sales, 2760; stock. 171 747.
■Memphis: Middling. 8c; receipts, 4447;
shipments, 4969: sales, 3000: stock, 221,632.
Augusta: Middling, 7.87c; receipts, 790;
shipments? 872; sales, 497; stock, 140,216.
St. Louis: Middling, 8c; receipts, 3902;
shipments. 4419: stock, 36.797.
Cincinnati: Receipts, 888; shipments,
1412: stock, 12,888.
Littlo Rock: Middling, 7.75c; receipts,
119; shipments, 643; sales, 880; stock, 48,744.
Dallas: Middling, 8c; sales. 2029.
Total today: Receipts, 16,346; shipments,
21,640; stock, 632,024.
New York, March 5.—Cotton futures
opened steady; May, 8.68c; July, S.Slc:
October, 9.10c; December, 9.30c.
New York Spot Cotton
New York, March 6.—Spot cotton
quiet; middling uplands, 8.65c; no
sales.
Liverpool Cotton
Liverpool, March 5.—-Cotton, spot,
steady; pood middling;, 5.31rt; middling,
4.99d: low middling:, 4.60d; sales. 7006;
speculation and export, 2500^ receipts, ,
53,142; futures steady; May and June.
4.89d; June and July, 4.93d; July and;
Auffust, 4.99d; October and November.
5.13d; January and February, 5.20d.
Weekly Cotton Statistics
Liverpool, March 6.—Weekly cotton
statistics: Total forwarded to mills, 94,
C00 bales, of which American were 76,
000; stock, 1,321,000; American, 1,017,
000; imports, 219,000; American, 191,000;
exports, 7000.
Dry Goods Market
New York, March 5.—The textile al
liance and the wool manufacturers to
day settled their differences and cus
todian banks will be appointed to re
ceive the wool shipped here from Eng
land for American factories. Cotton
goods were steady but quiet. Silks were
steady with a moderate demand.
Hubbard Bros. & Co.’s Letter
New York, March 5.—(Special.)—To
day our market recovered the entire
decline of yesterday, closing steady.
1.CSS was heard of the rumors of the
delivery of undesirable cotton, us it
soon became apparent that the eights
of buyers would be fully protected, or
that they were perfectly able to pro
tect. themselves.
Absence of any pressure from the
south. Continued large exports, coupled
with sdtne rumors of peace proposi
tions. were given as tha reasons for
the Improvement. More probable than
all ■ was the strength of the foreign
markets, which were not disposed to
follow the weakness here.
Spanish Mackerel-12l4®15c.
Fresh Pompano—20025c.
Gulf Oysters—Standards, $1 gallon; se
lects, 31.25 gallon; plants 31.50.
Hides and Tallow
Green salt hides. 16017c; green salt hldsa
(half cured), 15®16c; green hides (fresh),
14015c; dry flint hides, 28029c; dry salt
hides, 26027c; damaged hides, half pries;
sheep skins, 60060c; horse hldea. 1203.50;
sherllngs, 15026c; goat aklna. 30036c; kid
skins, 10c; 'tallow, 5c; clean, unwashed
wool, 20023c; burry wool, 120150; ginseng,
t,®0.
Flour and Breadstuff*
Self-rising flour, |7.<6; Tennessee flour,
37.30; Michigan flour, 33.40; Idaho flour,
17.65; Indiana flour. 37.50; spring wheat
flour. 37.86; hard winter wheat flour, 07.76;
aborts. 332; pure wheat bran, 130; C. 8.
meal, 7% per cent, 335; Cremo meal, |26; C.
S. hulls, 3U ton; No. 1 timothy hay, per ton,
hulls, tu ton; No. 1 timothy hay, per ton,
325; mixed alfalfa and Johnson grass, per
ton, 319; pea green alfslfg, western, 326;
mixed feeds, per ton. 335; Oats, per bushel.
73c; corn, per bushel, 08c; corn meal, 11.80
per M pounds.
The Age
Herald
Offers
You
A Free Trip
To the Wonderful
Panama-Pacific
I International Exposition (
In Exchange for a Few Hours
Of Yojir Spare Time
p^^^How You Can Obtain a Trip—=—
The plan evolved by The Age-Herald whereby you can take one of these
wonderful tripe le as simple in understanding as It is easy of execution. ,
| Although The Age-Herald has a large circulation, there are some who at
present are not subscribers. They want The Daily and Sunday Age-Her
ald, 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 tjew subscription payment to The Age
Herald, and after you have obtained the required number of points a won
derful trip to the greatest of all expositions will be yours.
This Is not a “contest” but a bona-fide offer open to everybody. There
are enough trips for all.
«
Special arrangements have been made with the McFarland Tourist Agency
to furnish ths various trips wo are offering. If you want to go to the exposition
this la your opportunity. Send In your nomination at onc^ and requeet The Age
Herald Receipt Book, full description of “itinerary” and complete Instructions.
V, Address Exposition Tours
"l** Age-Herald, Birmingham, Ala.
■ ■■■<** * 0 I
SPECIAL TO WOMEN
The most economical, cleansing and
germicidal of all antiseptics la
A soluble Antiseptic Powder to
be dissolved in water as needed.
As a medicinal antiseptic for douches
In treating catarrh, Inflammation or
ulceration of nose, throat, and that
caused by feminine tils it has no equal.
For ten years the Lydia E. Pinkham
Medicine Co. has recommended Paxtine
in their private correspondence with
women, whloh proves Its superiority.
Women who have been cured say
it Is “worth its weight In gold." At
druggists. 50c. large box, or by mall.
The Paxton Toilet Co..Boston. Mass.