The Birmingham age-herald. [volume], March 13, 1915, Page 11, Image 11

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

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

                
j
Some of the Speculative
Favorites Decline Over
a Point
•j New York, March 32.—Securities dis
played less resistance to selling pressure
today, some of the speculative favorites
decllng over a point on moderate offer
ings. Heaviness was most pronounced In
the afternoon, motor shares yielding
practically all the ground gained during
the morning session.
General unsettlement occurred in the
final dealings, When it became known
that Southern railway directors had de-,
cided to pass the dividend on the pre
\ ferred stock, which broke 5 points to 46,
1 2 points above its minimum. At the
j same time announcement w.as made of
j the suspension of the dividend on Sloss
Sheffield iron preferred.
Today’s market was left largely to its
> own devices, actual leadership still being
lacking.
j Foreign exchange was again variable,
the feature being Italian llres, which
| Were about 25 points under rates quoted
a week ago.
j Bank clearings confirm recent advices
Of a halt in trade at loading centers.
Time money was freely quoted at re
cent low rates and commercial paper
was on a parity with long time matu
rities.
Total sales of stocks. 225,300 shares.
Investment bonds Irregular, with more
pteadiness in some of the cheaper issues,
j Total sales, par value, $1,995,000. Panama
coupon 3s wrere % per cent lower on
call.
Bonds
V. S. 2s registered. 98%
U. S. 2s coupon. 98%
TJ. S. 3s registered. 101%
TJ. S. 3s coupon . 3 01%
TJ. S. 4s registered . 3 09%
TJ. S. 4s coupon . 310%
Panama 3s coupon . 101%
Central of Georgia 5s . 3 01
Illinois Central ref. 4s .. 85
Ivouisville & Nashville un. 4s .... 92
Keaboard Air Line adj. 5s .... G2%
Southern Bell Telephone 5s .... 97%
Southern Railway 5s . 99
( Southern Railway gen. 4s . 65 '
TJ. S. Steel 5s . J00”i
——
Mercantile Paper
• New York, March 12.—Prime mercantile
paper, 3% per cent; sterling exchange
easy; 60-day blls, $4.78.75; for cables,
$4.80.66; for demand, $4.80.15. Bar silver,
61%u. Mexican dollars, 38V4c. Govern
ment bonds heavy; railroad bonds unset
tled Time loans steady; 60 days, 2% per
cent; 90 days, 2%@3 per cent; six months,
8% percent. Money on call steady; high,
2 per cent; low*, 1% per cent; ruling rate, 2
per cent; last loan, 2 per cent; closing bid,
IT* per cent; offered at 2 per cent.
London, March 12.—Bar silver, 24 3-16d
per ounce; money, 1 per cent; discount
rates, short bills, 1%@1% per cent; three
months, 1%@1% per cent.
h metai market
M l New York, March 12.—Tin nominal; 5
■ ton lots, $17@49; 25-ton lots, $47 bid. Copper
■ ] firm, electrolytic, 14.87@15c; casting, 14.25#
Hj 34.62c Iron steady and unchanged. At
MB'; London: Spot copper, £64 15s; futures,
B • *56 6s. Spot tin, £1S9 10s; futures, £167
Mg 10s. Antimony, £75@78.
B I New York, March 12.—Lead steady, $3.90
H| @4. London, £21 7s 6d. Spelter not quot
-.- ed. London, £44 10s.
I Wool Market
H| Boston, March 12.—The wool market has
HI heel' in a waiting attitude during the past
B; week and while a little business lias been
B accomplished day by day, the total vol
I ume (I business has been only fair. Prices
?||| on some wools have been easier, but not
K materially so. Elsewhere throughout the
^1, world wool prices rule strong and the
HH tendency lias been upward again.
W Purchasing in the west has been rather
B desultory during the week, and about on
B the tame level of prices named last week.
B Missouri- One-half blood, unwashed, 34@
B 3oc; three-eighths blood, unwashed, 3<@
■ Live Stock
MM St. Louis, March 12.—Hogs: Receipts,
B 8300, lower. Pigs and lights, $6#7.25;
B mixed and butchers, $6.90@7.20; good
B heavy, $6.90#7.05.
B Cattle; Receipts, 700; steady. Native
■ beef steers, $7.00@9.00; cows and heifers,
B $5.60@8.25; Texas and Indian steers, $5.25#
B 7 75; cows and heifers, $4.00@6.60; native
B calves, $6.00@10.50.
|pf Sheep: Receipts. 2500; steady; native
B muttons, $6.76@8.00; lambs, $9.00@10.00;
B yearlings, $7.60@8.90; sheared yearlings,
B $6.60@7.60.
IflMi Chicago, March 12:—Hogs: Receipts,
|H; 19,000; higher; bulk, $6.75@6.80; light,
B: $6.66@6.85; mixed, $6.60@G.S7%; heavy, $6.25#
B , 6.85; rough, $6.25@6.40; pigs, $5.50@6.75.
Bj; Cattle; Receipts. 10PO; firm; native
g Bteers, $5.75#8.75; western, $5.00®7.35; cows
B and heifers, $3.30#7.65; calves, $6.60#$10.00.
-M Sheep; Receipts, 5000; strong; sheep,
JH $7.10@8.16; yearlings, $7.85@9.15; lambs, $7.75
■ @$10.00.
B| Kansas City, March 12.—Hogs: Receipts,
7700; steady; bulk, $6.85#6.95; lieavy, $6.85
jBf @6.02%; packers and butchers, $6.85#6.95;
» light, $C.80@7.00; pigs, $6.50@6.80.
S; Cattle: Receipts, 1000; steady; prime fed
■ steers, $8,254)8. fb; dressed beef steers, $7.0)1
B @*8.00; southern steers, $5.85@7.35; cows,
$4.25#6.85; heifers. $6.00@8.36; Stockers, $6,00
B @7.85.
ligi Sheep: Receipts, 3500; strong; lambs,
If $9.25#9.90; yearlings, $S.25@9.W; wethers,
Hi $7.25@8.00; ewes, $7.00@7.85.
B Sugar Market
B New York, March 12.—Sugar futures
B opened firmer today In anticipation of
Bj the English embargo being lifted and a
.*B; more active demand In the spot market.
HS Prices at noon were 10 to 11 points net
Bi higher. Raw sugar firm; centrifugal, 4.77c;
;^H - molasses, 4c; refined firm, 15 points hlgli
er; cut loaf, 6.80c; crushed, 6.70c; mould
B. A, 6.36c; cubes, 6.15c; XXXX powdered.
B fl.OBc; -powdered, 0c; fine granulated, 6.90c;
■ diamond A, 5.90c; confectioners’ A, 5.80c;
B No. 1. 6.65c.
■j Prices reacted a few points before twl
B light, but the market closed Arm, 7 to
H| 31 points higher. Sales, 13,250 tons. March.
3.86c; May, 3.95c; July, 4.05c; September,
B
H Coffee Market
B New York, March 12.—Coffee futures
3® Were more active today and prices ruled
Uli1 higher on reports of an improving spot
B demand, continued steadiness of the pri
B mary markets, reports of further clear
B knees from Brazil to Europe, and Some
'S what smallei interior Santos receipts.
B Opened at an advance of 4 points and
■ closed 6 to 12 points net Higher. Sales,
1H 13.500; March, 5.78c; April, 6.81c; May,
® 6.88c; June, 5 90c; July, 6.94c; August, 7.01c
B September, 7.07c; October, 7.14c; Novem
B her 7.19c; December, 7.24c; January, 7.29c
§K Spot Arm; Rio No. 7, 7%c; Santos No. 4,
§§ #%e Rio exchange was 3-16d higher, while
® the mllrels price wrs unchanged at San
H tos and 75r higher at Rio. Brazilian port
B r^-elpts, 47,000; Jundlaiiy, 7000. Victoria
B cleared 13,000 bags for New York. Cost
>H ' Mai freight offers were reported firm
B and about 15 to 25 points higher.
Cotton Seed Oil
>■ New York, March 12.—Cotton seed oil
B was steady on demand from March shorts
B and local professional buying on the
Hubbard Bros. & Co.
B Cotton Merchants, Han.iver Square, N,
^B Y. Members New York Cotton Exchange,
ijg^H Non’ Orleans Cotton Exchange. Now)
York Produce Exchange, Associate
fiB Members Liverpool Cotton Association.
Orders solicited for the purchase and
IBg^Bsale of Cotton and Cotton Seed Oil for
■■tutui-e delivery. Special attention and
irlBnbsral given for consignments of
BBmm |C.°t|t|°a )tBr d*Uv,ry- Correspond
CLOSING STOCK QUOTATIONS
Sales. High. Ia>\v. Close.
Amal. Cop.9100 65% 63 T» 63%
Amer. AgrI. 48%
Amer. Can .... 700 27% 27% 27%
Amer. C. & F. .. 100 41 41 41
Amer. C. pfd . 100 48% 4S% 48%
Amer. Cot. Oil. 43
Amer. Smelt.
ex div 3s .... 3100 61% 63 63Vi
Amer. Snuff .148
Amer. Sugar ...5100 103% 102 102
Amer. T. & T. . 9tl0 120% 120 120
Amer. Tob.222
Atchison .1700 96 95% 95%
A. C. L. .101
B. & 0.1800 67% 66Vi 66x;.
Can. Fac.2100 160% 159% 159%
Cen. Leath.1300 33% 33% 83%
C. & 0. 700 42% 41% 42
C., 31. & St. P. . 900 87% 86 % 86%
Eric . 700 23% 22 % 22%
Clen. Elec. ,A.... 200 139 Vi 139 139>.
ti. N. pfd . 400 116 113% 115%
111. Cen.103
Inter.-Alet. pfd .2800 59 58 % 58%
K. C. S. 21%
Lehigh \’al. 900 135% 134 U.134K
L. & N.100 113 113 “ll3 “
Liggett & Myers 100 218 218 218
Lorillard Co..
M. . K. & T. ...2500 11 % 10 % io%
Mo. Pac.940,. 11 % io% 10%
Alex. Pet.2300 67% 66 66 I
Sales. High. Low. Clone.
N. Y. C. 600 84 S3 83
N. T.. N. H. *
Hart.3800 52% 51% 61%
N. & W. 100 102 102 301
Nor. Fac. 500 103% 102% 102%
Pennsylvania ... TOO 105% 105% 105%
Reading .26100 145% 143% 143%
li. I. & S.100 19% 19% 19%
do pfd . 200 76% 76% 76%
R. I. Co.100 % % %
do pfd .100 1% 1 1
St. La. & San F.
2d pfd . 3%
S. A. U . 300 13% 13% 13%
do pfd . 200 32% 32% 32%
Sloss-Sheff. Steel
and Iron . .. 24
Sou. Fac.8200 84% 83 83%
Sou. Ry.1100 15 74 14 74 14 7*
do pfd .1800 48% 45 45 %
Tentk Copper
ex dlv 2%s ..2400 28% 2778 2775
Texas Co. 200 133 132 132
T. & F.1000 14% 14 14
Union Par. ...8100 120% 119% 119%
U. S. Steel ....1800 45% 44% 44%
do pfd . 400 105% 104% 104%
Utah Cop.3200 63 52 62
V. -C. Chem. 20%
West. Union .. 800 64 % 64 64
Beth. Steel 5400 55% 54% 54 %
Amer. B. S.4600 40% 39% 40
j.oiai sales for tin* clay. 231,500 shares.
_LOCAL SECURITIES
mu. AIHCU.
STOCKS
Ala. F. & 1. 4 40 60
Amer. C. Rys., pfd.G 47 49
Amer. C. Rys. .. 17
Amer. T. & Sav. Bk... S 160 170
Avondale Mills, com. .. 8 95 105
Avondale Mills, pfd ... 8 RJ0 108
Bessemer C. & I. .. 45
B'ham T. & S.10 945 755
B'ham Baseball Asso... 140 170
B'ham R„ L. & p„ com 6 70
B'ham R., L. & P., pfd.. 6 77
B’ham Realty Co.4 150 176
Cham, of Com., pfd.... 7 60 70
Corey Land . 50 75
East Lake Land . .. 76
Elmwood Cem. Co. ... 4 70 80
Empire Im., pfd.8 100 102
Empire Im., com. 6 70 85
Ensley Land . 85 110
First Nat’l Bank .12 235 265
Great Sou. Life . 9 11
Interstate Casualty ... 1 3
Jefferson Fertilizer ... S 105 120
M. & M. Bank . 6 116 125
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
_ Rate. Bid. Asked.
BONDS
Ala. State ref., 1920... 4 96 100
Ala. State Renew, 1956 SO 85
Ala. State Renew, 1956 4 98 100
Amer. C. Rys. 5 85 88
Ala. Cons. 5 75 80
Bessemer C. & 1.6 100 103
B. R„ L. & P. 8 94 97
B. R,, L. & p.4^ 87 89
Bham lee Factory .... 6 100 106
B'ham R. & E. 5 99 101
B’ham Waterworks ... 6 102 105
City of Birmingham... 6 100 104
City of Birmingham... 6 93 101
Continental tlln . 5 100 105
Jefferson County. 5 101 104
Jefferson County. 6 102 107
Jefferson County. 41^ 95 101
Milner Land Co.6 96 101
Nashville Railway .... 5 99 101
Pratt Consolidated ... 5 77 83
Sloss I. & S. 6 9? 100
Sloss I. & 8. 41^ 92 95
T. C. 1, gen. mtg. 5 95 100
T. C. I., Tenn. Dlv. 6 98 103
T. C. I. Ship Bldg. 6 102 105
T. C. I. B’ham Dlv. .... C 99 103
T. C. I. Cahaba Dlv.... 6 100 108
Woodward Cons. . 6 95 102
| - -
Under Somewhat Heavy
Liquidation Prices
Fall Off
New Orleans, March 12.—'The cotton
market had a soft undertone today and
prices fell off under rather heavy liquida
tion from the long side. While the fall
in prices was in the nature of a reac
tion from the long continued advance,
some of the selling in the afternoon was
inspired by the turn of events in Mexico,
and at all times bulls were not pleased
with the restrictions placed on exports ot.
cotton by the European allies. The feel
ing grew that the outward movement
of the crop was in danger of being cur
tailed.
With the exception of one or two unim
portant upward movements early in the
session the market had a downward trend ;
throughout the day and .the close was j
practically at the lowest, a net loss of IS 1
to 13 points. The few signs of steadi-1
ness were the result of the continued food \
demand for spots. Prices of actual cot- !
| ton were unchanged while sales were 408* I
bales. Pressure to buy spots to fill out:
engagements by the middle of the month j
was reported.
New Orleans Cotton Futures
New Orleans, March 12.—Cotton ■
closed at a net decline of 12 to 15
points.
I High. Ix>w. Close. ]
1 March . 8.3 1
May . 8.68 8.54 8.54
July . 8.89 8.75 8.70 1
j October . 9.18 9.04 9.05!
December . 9.34 9.2S 9.23 j
New Orleans Cotton Futures
New Orleans, March 12.—Cotton opened
steady; March, 8.42c; May, 8.62c; July,
8.85c; October, 9.15c asked; December, 9.33c.
New Orleans Spot Cotton
New Orleans, March 12.—Spot cotton
steady and unchanged. Sales on the spot,
2405; to arrive, 1035; good ordinary, 6.50c;
strict good ordinary. 7.06c; low middling,
7 50c; strict low middling, 8.01c; middling,
8.38c; strict middling, 8.63c; good middling,
9.07c; strict good middling, 9.44c; receipts,
9531; stock,370,583.
Hester’s Weekly Cotton Statement
Comparisons are to adtual dates not
to close of corresponding weeks.
In sight for week, 277,000; same seven
days last year, 177,000; same seven days
year before, 175,000; for the month, 546,
000; same date last year, 302,000rsame
date year before, 286,000; for season,
12,442,000; same date last year, 13,455,
000; same date year before, 12,645,000.
Port receipts* for season, 8,498,000; same
date last year, 9,474,000; same date year
before last, 8,899,000. Overland to mills
and Canada for season, 797,000; same
date last year, 962,000; same date year
before, 931,000. Southern mill takings
for season, 2,247,000; same date last
year, 2,478,000; same date year before.
2,285,000. Interior* stocks in excess of
August 1, 901,000; last year, 541,000;
year before, 529,000. Foreign exports
for week, 359,000 same seven days last
year, 116,000; for season, 6,892,000; same
date last year, 7,398,000. Northern spin
ners’ takings and Canada for week, 67,
000; same seven days last year, 43,000;
for season, 1,996,000; to same date last
year, 2,243,000.
Spinners’ Takings
Statement of spinners’ takings of Amer
ican cotton throughout the world: This
week, 258.000: same seven days last year.
291,000; same seven days year before, 387,
000; total since August 1, 8,083,000; same
date last year, 10,058,000; same date year
before, 10,325,000.
World’s Visible Supply
Statement of world's visibly supply: To
tal visible tills week, 7,624,000; last week,
7,620,000: same date last year, 6,0*4,000;
same date year before, 5,482,000. Of this
the total American this week, 6,930.000:
last week, 6.007,000; Iasi year, .4,121.000; year
before, 3,926,000. All other kinds this week,
1,583.000; last week, 1,612,000; last year, 1.
#13.000;, ’ear before, 1,556.000. Visible In the
United* _?.tes this week, 2,576,000; this date
last year, 1.638,0000. Visible In other coun
tries this week, 6,048,000; this date last
year, 4,4*7.000.
strength in other commod:ty markets.
March closed 9 points higher and other
months unchanged to 2 net higher.
Spot, 6.78c; March, 6.7400.80c; April, 6.79
@G.82c, May, 6.88@6.89c; June, 70".08c;
July 7.1007.12c; August, 7.1907.20c; Sep
tember, 7.2607.30c; October, 7.0507.20c.
Total sales, 8500.
Naval Stores •
Savannah, March 12.—Turpentine firm,
42c; sales, 21; receipts, 4; shipments, 203;
stock, 31,020. Rosin firm; sales, 84; re
ceipts, 256; shipments, 219 stock, 112,2of.
Quote: A B, »2.*0; C, D, 18.024*; E, F, O,
Hi *
..\ !
* *
DEMAND FOR FRESH
MEATSMORESLACK
Cotton Market Rather Weak
at the Close of Business
Yesterday
Business on Morris avenue continues
good, although the demand, for fresh
meats Is said to be somewhat slack at
this time. Both flour and cotton quota
tions arc unchanged, but the cotton mar
ket at the close Friday seemed rather
weak. ,
Future quotations were off about 12
points, but this has not yet caused a re
action In local spot quotations.
LOCAL QUOTATIONS
Spot Cotton
flood middling ..
Strict middling .
Middling .
Strict low middling .
The Iron Market
IF .*10.00@10.50
2F . 9.„, 1000
SF . 9.00®9.60
Gray Forge . S.SOtjJS.OO
IS .10.00®10.50
2S . 9.60@10.00
Poultry and Eggs
Hens—15c.
Live Turkeys—18c; dressed turkeys, 24c.
FYyers—Bi-lli lbs; average, lSe.
Ducks—15c lb.
Guineas—30c.
Young Roosters—4flc.
Old Roosters—35c.
Geese—ti0@75c.
Fresh country eggs—17c; graded carton
eggs. 19c.
■—
Meats
Extra Ribs—10c.
Bellies—1114c.
Boston Butts—1014c.
Pork Loins—1114c.
Breakfast Bacon—22c.
Spare Ribs—814e.
Regular Hams—16c.
Skinned Hams—1614c.
Fruits and Produce
Letnons—33.60.
Limes—11.26.
Mur.da Oranges—1202.60.
Grapefruit—»1.76®2 26.
Florida Strawberries—30®40c qt.
Apples—Winesaps, |4.60; Baldwin*. 330
3.50; Ben Davis. $2.5003.50; box apples
$1.5001.75.
Peanuts—6140614c per lb.
Malaga Grapes—3506 per keg.
Tomatoes—32.7503.25 per crate.
Cocoanuts—$4 per sack.
Cranberries—Per box, $1.7502; per bar
rel, 17.
Celery—Florida, per crate, $2.75; 75o
dozen.
Walnuts—16020c lb.
Pecans—15020c per lb.
Fllburts—15c per lb.
Almonds—20c per lb.
Chestnuts—9c per lb.
Lettuce—$1.7502.
Eggplants—63.60.
Ureen Peas—$3.50.
Green Beans—*3.60.
Onions—214c per lb.
Spanish Onions—31.76 per crate.
Sweet Potatoes—$1 per bushel.
Irish Potatoes—75c per bushel.
Cabbage—2c per lb.
New Cabbage—$2.25 per crate.
London Layer Raisins—$1.76.
California Figs—$2 per case.
Seed Potatoes—$101.26 bu.
Onion Sets—$1.7502 bu.
Creamery Products
Creamery Butter—32034c; process but
ter. 30c; oleomargarine, 15023c.
Full Cream Cheese—17c; Imported Swiss.
33c; Pimento, dozen, $1.35.
Fish
Perch—8c.
Balt Water Trout—1114012c.
Blue Catfish—714e.
Rett Snapper—80914c.
Gray Snapper—40oc.
Mullet—61406c.
Spanish Mackerel—1214015c.
Fresh Pompano—20025c.
Gulf Oysters—Standards, $1 gallon; se
lects, $1.26 gallon; plants, $1.50.
Hides and Tallow
Green salt hides, 16017c; green salt bides
(half cured), 15016c; green hides (fresh),
14015c; dry flint hides, 28029c: dry salt
hides, 26@27c; damaged hides, l)alf price;
sheep skins, 60060c; tiorse hides. $203.60;
sherllngs; 15025c; goat skins, 30065c; kid
skins, 10c; tallow, 5c; clean, unwashed
wool, 20023c; burry wool, 12015c; ginseng,
l«06.
Flour and Breadstuffs
Self-resing flour, *7.60; Tennessee flour,
37.20; Michigan flour, $8.35; Idaho flour,
$7.60; Indiana flour, $7.45; spring wheat
flour. $7.96; hard-winter wheat flour, *7.90;
shorts, *32; pure wheat bran, *30; C. B.
'meal. 744 per cent, *30; Cremo meal, $26; C.
8. hulls. 310 ton; No. 1 timothy hay, 325
per ton; mixed alfalfa and Johnson grass,
per ton, *19; pea green alfalfa, western,
DURING THEDAV
General Liquidation and
Spot House Selling New
York Features
New York. March 12.—After a very quiet
morning, cotton turned easier during to
day’s trading and closed barely steady
at a net decline of 12 to 15 points under
general liquidation and spot house sell
ing.
Cables were lower than due on yester
day’s New York close, but after opening
at a decline of 3 to 6 points, the local
market rallied on over-night buying or
ders and continued covering of straddlers
by IJverpool interests. Active months
sold a point or two above yesterday’s
closing on this bulge, or back to practi
cally the high level reached on yester
day’s advance, but offerings Increased
around 9.46 for October, and prices grad
ually eased off during the afternoon.
At first offerings were well enough
taken to give the market a pretty steady
undertone, but pressure became more
pronounced toward the close when there
was selling here by spot house brokers,
which was supposed to be the liquidation
of hedges by exporters against purchases
of spot cotton in the south.
Closed at practically the lowest point
of the day. Private southern advices in
dicated large spot sales at steady prices.
Exports today were 49.937 hales, making
5,892,650 so far this season. Port receipts,
43,559 bales. United States port stocks,
1,563,752 hales. Today’s interior receipts,
IS.914; shipments. 23.974. Southern spot
markets were unchanged to 12 points
higher. Bearish visible supply figures
were a factor on the late break, the In
crease in the visible American for the
week being 32,211 bales against a de
crease of 99.003 last year.
New York Cotton Futures
New York, March 12.—Cotton fu
tures closed barel ysteady.
H1 gh. Low, cTo.se.
March ..... . 8.65 8.53 8.54
May . 8.97 8.81 8.82
July . 9.18 9.05 9.05
October . 9.46 9.80 9.84
December . 9.46 9.31 9.31
New' \ ork, March 12.—Cotton futures
opened steady; May, 8.90c; July, 9.14c; Oc
tober, 9.41c; December, t.BSc; January,
9.09c.
New York Spot Cotton
Now York, March 12.—Spot cotton quiet;
middling uplands, 8.80c; sales, none.
Liverpool Cotton
Liverpool, March 12.—Weekly cotton sta
tistics; Total forwarded to mills, 76,000
hales, of which 56,000 were American;
stock, 1,368,TOO; American, 1,064,000; Imports,
139,000; American, 108,000; exports, 16,000.
Port Cotton Market
New Orleans: Middling, 8,38c; receipts,
9531; exports, 18,851; sales, 4010; stock.
370,583.
Galveston; Middling, 8.76c; receipts, 6924;
exports. 5600:, sales, 1998; stock, 487,830.
Mobile: Middling. 8.06c; receipts, 234;
sales, 250; stock. 42,061.
Savannah: Middling, 8.38c: receipts. 3087;
exports, 13,742; sales, 1389; stock, 181,578.
charleston: Middling, 8*4o; receipts,
1291; sales, 400; stock, 86,696.
Wilmington: Middling, Stic; receipts,
830; stock, 62,127.
Norfolk; Middling. 8.25c; receipts, 2926;
sales, 2025; stock, 75,521.
Baltimore: Middling, 8%c; receipts, 2059;
stock, 5133
Boston. Middling, 8.86c; receipts, 606;
stock, 12,360
Philadelphia: Middling, 9.05c; receipts.
25: stock, 8829. t
New York: Middling, 8.80c; exports,
194; stock, 130,269.
Minor ports: Receipts, 19,380; exports,
11,650; stock, 99,045.
Total today: Receipts, 43,793; exports,
49,937; stock, 1,562,022.
Total for week: Receipts, 229,803; ex
ports, 359,035.
Total for season; Receipts, 8,498,175; ex
ports, 6,892,229.
Interior Cotton Market
Houston: Middling, 8.70c; receipts, 8543;
shipments, 9813; sales, 2447; stock, 171,956.
Memphis; Middling, 8.12c; receipts, 4136;
shipments, 6234; sales, 3200; stock, 217,393.
Augusta; Middling, 8.19c; receipts, 556:
shipments, 092; sales, 1016; stock, 138,602.
St. Louis; Middling, 8Vtc. receipts, 3436;
shipments, 3723: sales, 63; stock, 37,035.
. Cincinnati: Receipts, 1307; shipments,
967; stock. 17,054.
Little Rock: Middling. 8.12c: receipts,
612; shipments, 916; sales, 916; stock, 45,
310.
Dallas: Middling, 8.18c; sales, 3470.
Total today; Receipts, 18,650; shipments,
22,345; stock, 627,349.
Liverpool npoi votion
I.Ivcrpool, March 12.—Cotton; spot prices
steady; good middling, 5.48d; middling,
a.ITd; lt^w middling, 4.77d; sales, 7000; spec
ulation and export, 2000; receipts, 28,000;
futures quiet; May and June, 5.04<6d; June
and July, S.ODd; July and August. 5.15%d;
October and November, 5.31d; January and
February, 6.38d.
Dry Goods Market
New York, March 12.—Cotton goods
markets were quiet and steady today.
Yarns were dull. Wool markets general
ly firm. Silks for immediate delivery In
fair demand; futures quiet
Hubbard Bros. & Co.’s Letter
New York, March 12.—(Special.)—A re
action which was Impending yesterday
occurred today and at the close tonight
seemed likely to go somewhat further
because of the lack of credence In the
reports of a sharp decrease In the acre
age. Many who had bought at lower
prices during the winter soid yesterday
ami today oil the fear that the decrease
after all might not be so large. Prob
ably they would come again to the sup
port of the market, could they feel sure'
that we would not have to carry over a
large surplus to another large crop.
We all are surprised at the continued
export movement and the relatively small
accumulation of cotton In the hands of
American spinners.
DEPUTIESSMASH
800 BOTTLES WHISKY
Dcthan, March 12.—(Special.)—Fifty gal
lons of whisky, contained In 800 half pint
bottles, were today destroyed by deputies
from Sheriff J. A. May’s office, the bot
tles being broken on the city trash pile.
1'hls lot was consigned to a fictitious ad
dress and was Belzed at the Central of
Georgia depot at Taylor, a small station
near Dothan. It was thought to have
been owned by "blind Mger” operators In
this city, though no one appeared to claim
the property.
Sheriff May still has a large quantity
of liquor, which he has seized In his
ciusade on "blind tigers" In this county,
stored in the county Jail. Disposition of
the remainder of his stock has not been
determined.
Finland Indignant
Berlin, March 12.—(By wireless to
Sayville.)—Reports from Stockholm to
the Overseas News agency says that
Indignation prevails among the people
of Finland because of the deportation to
Siberia of Judge Svlnbufvid. the presi
rt of the Finnish diet.
*26; bixed feeds, per ton, *36; oats, per
bushel. 78c; corn, per bushel, 88c; corn
meal, *1,80 per 96 pounds.
/
WEEKLY COTTON REVIEW
New York, March 12.—Cotton hna been
more active during the past week and
prices have advanced to within 3 points of
the season's high record on October con
tracts, as a result of covering, trade
buying and renewed demand from Invest
ment or speculative sources. Apprehen
sions of an Immediate Interference wltn
the export movement have been relieved
by a supplementary announcement that
cotton might be shipped without danger
of relzure on contracts existing prior to
March 2, providing it was cleared before
April 1, and the rush to fill export engage
ments while marine Insurance was still
ay;11 table at reasonable rates has nat
urally shown itself In larger spot sales,
continued heavy clearances and firmness
In the southern markets.
This has probably been one of the fac
tors on the advance, while buying has
also been encouraged by reports of a
reduction of from 25 to 30 per cent in
I ths southwestern acreage, continued re
ports of n big reduction in fertiliser sales
east of the river and talk that mules
for use in preparing the ground for cul
tivation will be very acarce in the south
this season.
On the advance of over per hale
from the low level reached on the break
of March 1 there has been considerable
realising, and some scattered selling, ac
companied by predictions of a sharp fall
ing off in the export movement after
>prll 1, and there was also some selling
hore toward the end of the week which
j was accompanied by reports of increased
shipments here for contract delivery.
Generally speaking, however,, offerings
have been absorbed on comparatively
slight reactions and prices at the cloae
of business tonight were within 16 or
16 points of the best. There have been
reports of a somewhat Improved demand
from domestic spinners during the week,
and some of the spot house buying is
suppoa* d t.'* be covering hedges against
sales to mills.
EUROPEAN DEMAND
KEEP WAT UP
High Level Reached on Re
port of a Shortage
in Supply
Chicago, March 12—Urgent European
demand for cash delivery and the May
option kept wheat today to a higher
level that was reached mainly on the
government report showing a decided
decrease In the supply held by country
mills and elevators. Closed strong. 1%
®>2%o above last night. Corn scored a
net gain of *a®%c oats of %®%o to %
®l%c, and provisions a shade to 6c.
Corn was helped upward by lightness
of rural offerings to arrive. Improved
demand southwest, however, was off
set to some extent by slackness of ship
ping call from the east.
Oats were strengthened on reports
that the Argentine surplus would be
far less than had been supposed.
Higher prices for hogs and grain
helped provisions. On the bulge, though,
packers sold, especially July ribs.
Chicago, March 12.—Grain and pro
visions.
Wheat— Open! High Low. Close.
May . 1.63 1 .iit% 1.6# Tr..’, 7
July. 1.20 l.»l% 1.20 1.21
Corn—
May . 72% 73% 72% 73%
July. 74% 76 % 74% 76%
Oats—
I May . 57% 69 67% 58%
July . 53 58% ^ 53 53%
| Pork—
May .17.70 17.82 17.70 17.70
July .18.12 18.22 18.12 18.12
Lard—
May .10.57 10.60 10.67 i9 60
Julv .10.82 18.82 18.80 18.82
Ribs—
May .10.15 10.17 10.12 10.12
July .10.45 10.47 10.45 10 45
Kansas City Grain
Kansas City, March 12.—Wheat No. 2
hard, $1.62® 1.53; No. 2 red. $1.51% ft
1.52. Corn No. 2 mixed, 71 <5i)71 Mjc; No.
2 white, 72c; No. 2 yellow, 72c. Oats
No. 2 white, 67® 58c; No. 2 mixed, 53*
® 54*c.
Produce Market
New York, March 12.—Butter, firm,
creamery extras, 92 score, 29®29%c; cream
ery, higher scores. 30®30%c; firsts, 26®
28%c; seconds. 23Va®25%c. Eggs, steady;
receipts, 14,456; fresh gathered extras
20%®21c; extra firsts, 19%c; firsts, 18%®
19c; seconds, 17%®18V4c; nearby hennery
whiteB, fine to fancy, 23®24e; nearby hen
nery browns, 21c. Cheese irregular; re
ceipts, 2024: state whole milk held spe
cials, 1694017**c; state whole milk aver
age fancy, 16*4® 1694 c. Dressed poultry
dull; prices unchanged.
Chicago, March 12.-5* utter, lower;
creamery, 20028c. Kggs, lower; receipts,
15,502 cases; at mark, cases included, 160
17*40; ordinary firsts, 16016*40; firsts. 17*4c.
Potatoes unchanged: receipts, 18 cars.
Kansas City, March 12.—Butter, cream
ery, 28o; firsts, 26c; seconds, 24d; pack
ing, 17e. Kggs, firsts, 17c; seconds, 15c.
Poultry, hens, 131,4014c; roosters. 1096c;
turkeys, 15c.
St. 1x>u1h. March 12.—Poultry unchanged,
except ducks, 16c. Butter unchanged.
Kggs. 17*4c.
Chicago Grain
Chicago. March 12.—Wheat No. 2 red,
$1.68H01.59*4; No. 2 hard, $.58
1.60*4. Corn No. 2 yellow, 78 *4 074c. Rye
No. 2. $1.15*4. Barley. 700 86c. Timothy,
$4.500 6.50. Clover, $9.500 13.50. Pork,
$17.30. Lard, $10.07. Ribs. $9.1209.62.
St. Louis Grain
St. Louis. March 12.—No. 2 wheat,
red. $1.55; No. 2 hard. $156%; May,
$1.51*4. Corn No. 2. 73*4; No. 2 white.
76c; May, 73*ic. Oats No. 2. 6805894c;
No. 2 white. 59h,o; May, 57 %c.
New Orleans Rice Market
New Orleans, March 12.—The quiet and
strong tone continued in rice-today, with
unchanged quotations. Receipts of clean,
1039. Sales: 746 sacks rough Honduras at
I 4.31c; 1876 pockets clean Honduras at 40
4%c.
TROY MAN HELD ON
FORGERY CHARGE
Courtland. March 12.—(Special.)
Deputy Sheriff J. N. Collier and City
! Marshal Crowe, arrested a man here
today, charged with forgery. He gave
j Ida name as G. W. Walker, ami real
j donee as Troy, Ala.
Walker, it is said, came into the
store of G. M. Garth and made a few'
purchases, presenting a check for $25,
signed B. P. Carpenter and payable to
a Miss Wilson, and indorsed to Walker.
He explained that Miss Wilson whs a
Colbert county school teacher, and that
Carpenter, who Is chairman of a school
board In that county, had given the
check for teacher’s salary. The check
! was drawn on a Leighton bank and the
cashier of the hank at this place called
; up the Leighton bank to find If the
check was good. Mr. Carpenter happened
to be In the bank and pronounced th^
check a forgery. Walker was bound
over to the grand Jury and will be
carried to Jail today. A saw was found
on Ills person.
Signs Prohibition Rill
Montpelier, Vt., March 12.—Governor
Gates signed the prohibition referendum
bill today and the voters will decide in
March, 1916. whether to substitute state
wide prohibition for local option.
CONTF I
J
Markets Offset Elsewhere
Says Bradstreet
| New York, March 12.—Bradstreet's to
morrow will say:
Poo? roads, unsettled weather or small
lot buying in larger lines are probably
responsible for the feeling of disappoint
ment visible In many markets.
These fixtures contrast with Increased
operations In heavy manufacturing, dl- i
mlnlshed Idleness, activity in shipbuilding^ A
a slight improvement in spring
ttittle at some few centers, some expo
ston iri mail order business, excellent w 5
let wheat crop conditions, heavy inv« j
mint demands for bonds, a slightly rr
cheerful stock market tone, and Jrr* f
lac betterment In collections. The
dcncy to buy often and in small lots
dlcates conservatism, and it Is likely 1
buying at ami near industrial cent ^
will be restricted until the effects of
creased employment are reflected in \
substantial Improvement In deman’
There are some evidences of bettwrmen
lo demand for lumber; textile mlul*Vi^
taking raw cotton more freely; silk i
t lries are rushed; at the leading cen
automobile manufacturers aie doing beti j
than anticipated. On the other hand, roa 5
mining Is retarded, short time in anthra j
cite regions Is the rule and# building :s
though ■bowing signs of improvement, if 1
quirt.
Hank clearings for the week aggregat
$2.8(S*,772,OOd, a loss of 19 per cent frov,
last week end 11.9 per cent from the cor J
responding week last year.
Business failures for the week mimbe
383, .«ompared with 271 in the like week
last year.
Montgomery Market
Montgomery. March 12. (Special.)—Spot
cotton was quoted here today ns follows; |
Middling; fair, new. 8.93c; strict good mid
dling. new, 8.66c; good middling, old,
8 3-16c, new, 8,38c; strict middling, old
716- 16c, new 8.18o; middling, old 7 11-16c.
new' 7.93c; strict low middling, old 7 3-16c. f
new' 7.43c; low middling, old 611-I6c, new
6.93c; strict good ordinary, pld 5 lo-16c, new
6.43c; good ordinary, old 6 9-160, new 6.06c. ^
Market quiet.
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We furnish medicines without ex'
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We make no charge for consultation
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Offices 2020Ki First Avenue
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