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

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

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f
' SHOW SMALL TOTAL
Undertone Is Considerably
Steady In Spite of Some
Irregularities
Xev York. March 17.—Dealings in stocks
jc*aay showed the smallest total of any
recent period, but the undertone was con
sistently firm, except for some irregu
larity at the outset and toward the close.
Heading rose a further fraction, but re
corded a slight net loss.
Lehigh Valley controlled by Reading
interests, rose substantially on main
tenance of its dividend, and other high
priced shares also evinced a tendency to
harden. However, trading was devoid
of actual significance, the only note
i worthy changes occurring in the semi
active or high speculative issues. Among
these were Pittsburg Coal preferred; Pa
cific Mall, General Motors and Sears
Rocbuck, which declined 1 to 2 points,
while Mexican Petroleum, American Beet
Sugar and Bethlehem Steel moved as
much in the other direction.
Metal and allied stocks failed to reflect
to any appreciable extent the more favor
able advices.
United States Steel was barely more
than steady at any time, its place In point
* of activity bein^ taken by stocks of far
less prominence. Trade authorities re
ported better prospects in that industry
mainly on large foreign contracts now in
course of consummation.
Foreign exchange moved In Us recent
contrary manner, cables and drafts on
London being firmer, with some heavi
ness in France.
Total sales of stocks, 122,100 shares.
Bonds reflected the stock market for
most important issues, but became ir
regular later. Total sales (par value),
$1,821,000.
United States bonds were unchanged on
call.
Bonds
U. S. 2s registered . 9S%
1U. S. 2s coupon . 98%
U. S. 3s registered . 101 %
U. S. Us coupon . 101%
U. S. 4s registered. 3 09%
I U.( S. 4s coupon.110%
Panama 3s coupon .. 101%
Central of Georgia 5s.101
Illinois Central ref. 4s . 86
Louisville & Nashville un. 4s .... 91%
Seaboard Air Line adj. os. 62%
Southern Bell Telephone 5s. 97%
Southern Railway 5s. 98%
Southern Railway gen. 4s. 64%
U. S. Steel 5s . 101
Mercantile Paper
New York, March 17.—Prime mercantile
i paper, 3% per cent; sterling exchange
( weak; 60-day bills, $4.77.25; for cables,
$4.80.15; for demand, $4.79.75. Bar silver,
50|ic Mexican dollars, 38%c. Government
bonds steady; railroad bonds irregular.
I Time loans steady; GO days, 2% per cent;
j 90 days. 2% per cent; six months, 3% per
cent. Money on call steady; high, 2 per
cent; low, 1% per cent; ruling rate, 2 per
cent; last loan, 1% per cent; closing bid,
3% per cent; offered at 1% per cent.
London, March 17.—Bar silver, 2315-16d
pay ounce: money, 1@>1% per cent. Dis
count rates: Short and three months, 2%
per cent; India council bills. Is 3 31-32d.
Metal Market
New York. March 17.—Tin strong; 5-ton
lots, $51.50(054. Copper firm; electrolytic,
lJ..87(015e; casting, 14.25014.62c. Iron
steady and unchanged. At London: Spot
copper, £66 10s; futures, £67. Spot tin,
j £190; futures, £170 16s. Antimony, £76@
I 78c.'
New York. March 17.—Lead firm, $4.05(0
4.35. London, £23. Spelter nominal. Lon
don. £44 30s.
[Live Stock
Kansas City, March 17.—Hogs: Receipts,
*001 p; lower: bulk, J6.60@fi.75: heavy. $6.60®
6.70; packers and butchers, J6.60@6.7G;
light, *6.600)6.77%: pigs. J6.25@fi.60.
Cattle: Receipts, 4000; higher; prime fed
steers. $8.10@.S.60; dressed beef steers, J
8; southern steers, $5.7507.35; cows, $4.25
@6.75: heifers, $6@S; Stocker'S, $607.80.
Sheep Receipts, 3000; lower: lambs, JS.50
@9.70; yearlings, $8@8.75; •wethers, $7.2508;
ewes. J7@tT.75.
Ciiicago. March 17.—Hogs: Receipts, 36.
«K>: lower; bulk, $6.7606,80; light, 6.6006.85;
I mixed, J6.60fflfi.85; heavy, $6.3006.85; rough,
Jil.30@fi.45; pigs, J5.50@i6.70.
Cattle: Receipts. 8000: firm; native
p steers, S5.8506.7S; western, $5.8007.46: cows
and heifers, J3.36pg7.80; calves. $6.50@10.
Sheep: Receipts, 15,000: weak: sheep, $7
fflS: yearlings, J7.75pg8.10; lambs, |7.o0@
19.75.
St. Louis, March 17.—Hogs: Receipts,
12,500; lower; pigs and lights, $5.7507.10;
mixed and butchers, $6.85@7.10; good
heavy. $B.85@7.
Cattle: Receipts, 3900; steady; native
i beer steers, J7@fi.76; cows and heifers, $5.50
@3.25; Texas and Indian steers, J5.25l07.7o;
cows and heifers, J40fi; native calves, $8
@1«.
Sheep: Receipts, 2700: lower; native
muttons, $6.7508; lambs, $9@8.70; yearlings,
' J7.5D0S.9O; sheared yearlings, J6.60@P7.60.
Sugar Market
New York, March 17.—Raw sugar easy;
centrifugal. 4.7c; molasseB, 4c; refined
quiet. Sugar futures were quieter earlier
and prices were easier under scattered
liquidation. Prices at midday were 3
points net lower.
Light covering rallied prices in the aft
‘ ernoon, and the market closed steady, un
changed to 1 point lower. Sales, 1000 tons.
March, 3.78c; May, 3.87c; July, 3.97c; Sep
i tember, 4.06c.
Coffee Market
!• New York. March 17.—Coffee future*
opened at an advance of 8 to 17 points
today on continued strength of BraiU.
Realizing caused slight reactions during
the middle of the day, but the market
i firmed up again In late trading on report*
! of an improving spot demand and a sharp
] advance in cost and freiglft prices. Closed
] 12 to 17 points net higher. Sales, 37,250;
I March, 6.10c; April, 6.17c; May, 6.24c; June,
6-.Wc.; July, 7.34c; A'uguat. 7.40c; Septem
ber, 7.46c; October. 7.50c: November, 7.64c;
f December, 7.58c; January, T.62c; February.
. 7.66c.
Spot firm; Rio No. 7, 8c; Santo* No. 4,
1001054c;, Rio 7“b in the cost and freight
market were reported tone 40 to 50 point*
higher, quotation* ranging from 7.50c to
7.70c. while well described Santos 4's were
quoted at about 10.15010.60c C and F. Rio
exchange was 3-16d higher, and there was
a further advance of from 75r to 2S0r In
the primary market*. Reicelpta at the two
Brazilian ports, 42,600 bus; Jundfahy re
ceipts. 9000 bags. Rib reported a clearance
of 8000 bag* for New York.
Cotton Seed Oil
New York, March 17.—Cotton seed oil
sold down 2 to 6 point* early under liqui
dation and with the decline In lard, but
later offering* becaWS 0|* active, and
on demand from May short* the market
more than recovered, closing ■ to S .point*
net higher.
1 Spot, 6.63c bid; March. 6.6*06.7*c; April,
6.7006.77c; May, 6.7906.80c; June, 6.820
k Hubbard Bros. & Co.
* Cotton Merchant.. Hanover Square, it.
Y. Members New York Cotton Exchange,
New Orleans Cotton Exohange, New
York Produce Exohaage, Associate
Members Liverpool Cotton Association.
Orders solicited for the purchase and
sale of Cotton and Cotton Seed OH for
future delivery. Speelal attention and
liberal terms given for eMtwnment* of
spot cotton for delivery. Correspond
ence Invited.
CLOSING STOCK QUOTATIONS
__Sales. High. Low. Close.
Amah Copper 7772000 54 % 54% 54%
Amer. Agr. 100 40 49 4#
Amer. Can . 700 27% 27% 27%
Amer. C. & F. 41'
Amer. Cities pfd. 4S%
Amer. C. 0. 44
Amer. Smelt.1600 64% 64% 64%
Amer. Snuff.144
Amer. Sugar .... 100 102V. 102% 102V,
Amer. T. & T. ... 900 120% 120 120
Amer. Tob. 100 224 224 224
Atchison . 600 96 96 96
Atlantic C. L. 99%
Balt. & Ohio .... 800 67% 66% 67%
Can. Pacific-1400 159% 158% 158%
Cent. Leather ... 600 33% 33% 33%
Chea. & Ohio ... loo 41% 41% 41%
Chi.. Mil. & St. P. 300 86% 86% 86%
Erie . 1400 23 22% 22%
Gen. Electric.138
Gt. Northern pfd 300 115% 115% 115%
TU. Central.103
Interb.-Met. pfd. 1700 60 59% 59%
K. C. Southern .. 100 21% 21% 21%
Lehigh Cal. 1800 194% 136 ~ 135%
Louis. & Nash. .. 200 113 112% 113
Liggett & Myers.215
Lorillard Co.ISO
Mo,, K. & T. 400 10% 10% 14»%
Mo. Pacific .3300 10% 10% 10%
Mex. Petro.13200 69% 67 69%
Sales. High. Low. Close.
X. Y. Central ...3300 S3', 82% 82%
X. Y., X. Tl. *•
Hartford. 300 51% 51 % 51%
Norf. & West.190 Vi
Xor. Pacific _ 400 103 102', 102',
Pennsylvania . TOO 105% 105 105
Reading.10900. 144% 142% 143%
Rep. I. & S. 19%
do pfd..." . 76 %
Rock Island Co. 300 % % %
do pfd.; 1
St. L. * San F.
2d pfd. 3 V
Seaboard A. I.. 13
do pfd . 100 33% 33% 33%
Sloss-Sheff. S. &
Iron .. . 2 4 %
Sou. Pacific .. . 1 400 S3 % S3 % S3 %
Southern Ry. 700 15% 15 15%
do pfd . 500 4S', 48 48*
Tenn. Copper . 900 28 27% 28
Texas Co. 132
Tex. & Par. 200 14 13', 13%
Union Pacific ...3200 120% 119% 120
U. S. steel .9100 45% 4 4% 41%
do pfd . 100 105 104% 104%
Utah Copper .... 400 52% 52% 52',
Va.-Caro. Oliem. 19
West. Union .... 900 64% 61% 64%
Bethle. Steel ... .9400 68% 57% 57%
Amer. B. S. 2400 41% 40% 41
LOCAL SECURITIES
Rate. Bid. Asked.
" STOCKS
Ala. F. A 1. 4 40 50
Amer. C. Rys., pfd.6 47 49
Amer. C. Rys. 17
Amer. T. * Sav. Bk... 8 ISO 170
Avondale Mills, com. .. 8 95 105
Avondale Mills, pfd ... 8 100 108
Bessemer C. & I. .. 45
B'ham T. & S.10 245 255
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. ..... 4 150 175
Cham, of Com., pfd.... 7 60 70
Corey Land . 60 75
East Lake Land . .. 76
Elmwood Cem. Co. ... 4 70 80
Empire Im., pfd.8 100 102
Empire Im„ com. 6 70 86
Ensley Land . 86 110
First Nat'l Bank .12 235 256
Great Sou. Life . 9 11
Interstate Casualty ... 1 3
Jefferson Fertiliser ... 8 106 120
M. & ar. Bank . 6 115 126
North B'ham Land ... 15 22
Realty T. Co., com. ... S 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 98 100
Ala. Stato Renew, 1956 3H 80 85
Ala. state Renew, 1956 4 98 100
Amer. C. Rys. 5 85 88
Ala. Cons. 5 75 SO
Bessemer C. & 1.6 100 103
B. R , L. & P. 4 94 97
B. R., L. A P. 414 g7 99
B'ham lee Factory .... g 100 106
B'ham R. & E. 5 99 101
B'ham Waterworks ... 6 102 105
City of Birmingham... 6 100 104
City of Birmingham... 5 95 101
Continental Gin . 5 100 105
Jefferson County. 5 101 104
Jefferson County. 6 102 107
Jefferson County. 4 ^ 95 101
Milner Land Co. 6 96 101
Nashville Railway .... 6 99 101
Pratt Consolidated ... 5 77 83
Sloss I. & S. 6 99 100
Sloss I. & ,S. 41$ 92 95
T. C. I., gen. mtg. i 96 100
T. C. I., Tenn. Dlv..... • 99 103
T. C. I. Ship Bldg.6 102 105
T. C. I. B'ham Div. 6 99 103
T. C. 1. Cahaba Div.... 6 100 103
Woodward Cons. 6 »5 102
FLOUR QUOTATIONS
AGAIN ON UPGRADE
Fifteen Cent Increase on All
Grades—General De
mand Good
The local flour market shows increas
ing strength, anil prices are advancing
Quotation^ were raised yesterday 16c pel
barrel otyfceveral grades of flour. Changed
quotations at the opening this morning
are as follows; Tennessee flour, 67.30
Michigan flour, 66,76, and Indiana flour
67.110 Shorts wore advanced 61 Per ton
placing today's quotation at 633. The de
mand for meats Is normal and flsh is alsi
selling well.
The cotton market remains unchanged.
local Rotations
Spot Cotton
Good middling . gij
Strict middling . 814
Middling . 794
Strlot low middling . 71,
The Iron Market
IF .fl0.00@10.60
2F . 9.oc _,10.00
3F . 3.00(89.60
Gray Forge . S.50@9.00
IS .10.00@10.50
2S . 9.d0@10.00
Poultry and Eggs
liens—15c.
Live Turkeys—ISc; dressed turkeys, 34c.
Fryers—Itt-lVj lbs; average, ISc.
Ducks—loc lb.
Guineas—30c.
Young Roosters—40c.
Old Roosters—35c.
Geese—00@76c.
Fresh country eggs—ISc; graded carton
eggs, ISc.
Meats
Extra Ribs—lOo,
Bellies—ll>4c.
Boston Butts—lOVic.
Pork Loins—13c.
Breakfast Bacon—22c.
Spare Ribs—SVfcc.
Regular Hams—15c.
Skinned Hams—15tto
Fruits and Produce
Lemons—$3.60.
Limes—$1.26.
Florida Oranges—$2*2.60.
Grapefruit—$1.75*2.25.
Florida Strawberries—30040c qt.
Apples—Wineaaps, $4.50; Baldwins, $3*
3.60; Ben DavlsT $2.6008.60; box apples,
$1.60*1.75,
Peanuts—514®6Ho per lb.
Malaga Grapes—$6*6 per keg.
Tomatoes—$2.75*8.26 per crate.
Cocoanuta—$4 per sack.
Cranberries—Per box, $1.76*2; per bar
rel, $7.
Celery—Florida, per crate, $2.75; 76c
dozen.
Walnuts—18020c lb.
Pecans—15020c per lb.
Filburts—15c per lb.
Almonds—$0c per lb.
Chestnuts—9o per lb.
Lettuce—$1.75*2.
Eggplants $$J0.
Green Peas—$3.50.
Green Beans—$3.60.
Onions—V&D per lb.
Spanish Onions—$1.76 per crate.
Sweet Potatoes—$1 per bushel.
Irish Potatoes—76c per bushel.
Cabbage—2c per lb.
New Cabbage—$2.26 per crate.
London Layer Raisins—$1.75.
California Figs—$2 per case.
Seed Potatoes—$101.26 bu.
Onion Sets—$1.75*2 bu.
Creamery Products
Creamery Butter—320Mo; process but*
ter. 30c; oleomargarine, 15*3$c.
Full Cream Cheese—17c; Imported Swiss,
33c; Pimento, dozen, $1.35.
Fish
Perch—3c.
Balt Water Trout-Utt*12c.
Blue Catfish—"He.
Red Snapper-$*$ttc.
Gray Snapper 4Q6c.
Mullet—7c.
Spanish Mackerel—13^4® 15c.
Fresh Pompano—30c.
Gulf Oysters—Standards, $1 gallon; se
lects, $1.26 gallon; plants, $1.60.
Hides and Tallow
Green salt hides, 14016c; green salt hides
(halt cured), l$*l4o; green hides (fresh),
«»5c; July. 7.0$O7.04o>4 August, 7.120<7.13c;
September, T.&OT.ttc; Octotber, 7.06®7.20a
Total sties, 6300. -
Naval Stores
Savannah, Ga., March H.-Turpentine,
J10«: shipments, 23;
Resin Arm; sales, 292; re
celpts, 1092; shipments, 294; stock. 113,099.
c’d- e< f
«*■ *
NEW HIGH LEVELS
REACHEDBY COTTON
Buying Stimulated Chiefly
, By the News From
Liveryool
New Orleans, March 17.—New high
levels for the season were reached on
the cotton market today as the result of
buying stimulated chiefly by news from
Liverpool. July went over the 9-eent
mark for the first time, touching 9.0),
while December sold up to 9.50. At their
best prices were 9 to 11 points over yes
terday's close. Heavy realizing of prof
its by the long side met the rise ai*l
checked it. In the afternoon the market
had a tendency to react rather strongly
and the close was at a net gain for the
session of 3 to 4 points.
Not only did Liverpool stand better
than due on futures, but it reported spot
sales of 15,000 bales while private mes
sages stated that both Russian and Egyp
tian houses were heavy buyers in tiiar
market. Private estimates piaced the re
duction of cotton acreage In Egypt at
30 per cent. Manchester reports were
favorable and were accepted as meaning
that mills were well under orders and
were in an Independent position regarding
new business.
The one bearish argument of importance
was that the continued rise would have
tin effect of causing a much larger
area than has been thought advisable
to be planted to cotto nthls spring |n
to be planted to cotton this spring In
doubtedly was caused by the fear of such
a development.
New Orleans Cotton Futures
New Orleans, March 17.—Cotton
closed steady at a net advanoc of 3 to 4
points.
__High. Low. Close.
March. 8.53 8753~8:50
May. 8.78 8.70 8.70
July. 9.01 8.93 S.fll
October . 9.32 9,27 9.27
December . 9.50 9.43 9 44
New Orleans, March 17.—Cotton opened
steady; March, 8.54c: May, 8.75c; July
8.99c; October, 9.31c; December, 9.47c.
New Orleans Cotton Market
New Orleans. March 17.—Spot cotton
steady; unchanged; sales on the spot,
1225; to arrive, 380: good ordinary, 6.62c;
strict good ordinary. 7.18c; low middling,
7.600“; strict low middling, 8.13c; middling,
8.50c; strict middling, 8.75c; good middling.
9.19c; strict good middling, 9.56c; receipts
6524; stoclc 379,725.
AMERICAN BARK
REPORTED AGROUND
Amsterdam. March 17.—(Via London,
11:40 p. m.)—The American bark Pass
of Balmaha Is aground near Sylt, ona
of the North Frisian Islands, according to
a Bremen dispatch.
The Pass of Balmalia from New York
for Bremen with cotton was detained re
cently by the British authorities at Kirk
wall for Inspection. She was allowed to
pmceed on her voyage.
Montgomery Market
Montgomery, March 17.—(Speclal.)-Spot
cotton was quoted here today as follows:
Middling fair, old not quoted, new, 9.06c;
strict good middling, old not quoted, new,
8.88c; good middling, old, 8 5-16c, new,
8.81c; strict middling, old, 8 l-16c, new,
8.81c: middling, old, 7 lS-l«c, new. 8.06c;
strlot low middling, old, 7 5-ttc, new, 7.5«c;
low middling, old, 618-16o, new, 7.06c:
strict good ordinary, old. 6 l-16c, new,
6.66c; good ordinary, old, 6 l-16c, new,
6.66c; ordinary, old, 611-160, new, 6.19c.
Marine' quiet.
12013c; dry flint hides, 270Slo; dry salt
hides, 12013c; damaged hldas. half price;
sheep skins, 60060c; horse hides, 3203.60;
shsrllngs, 16086c; goat skins, aO085c; kid
skins, 19o; tallow, 60; clean, unwashed
wool. 2O08to; burry wool, 12036c; ginseng.
1*06.
Flour and Breadstuff*
Self-reslng flour, 17.60; Tennessee flour,
37.30: Michigan flour. 88.7S; Idaho flour,
0.70; Indiana flour, 0.00; spring wheat
flour, 0.36; hard winter wheat flour, 0.0;
shorts, 30; pur* wheat bran, 80; C. 8.
meal, 7tt par cent, 80; Cremo meal, 08; C.
8. hulls, 00 ton; No. 1 timothy hay, 80
per ton; mixed alfalfa and Johnson grass,
per ton, 08; psa green alfalfa, western,
80; blxed feeds, par ton, 80; oats, per
bushel. 78c; corn, par bushel, 98c; oorn
meal. 0.80 per 0 pounds.
[
I
COTTON ADVANCE
_ I
July and Later Deliveries
Make New High Records
At New York
i *
[ New York, March 17.—There was an
other sharp advance In cotton at the open
ing, with July and later deliveries mak
ing new’ high seasonal records, but reac
tions followed under realising, and the
close was steady at a net gain of only
1 to 5 points
Continued strength of Liverpool was a
factor at the start and first prices were
9 to 11 points higher with July selling at
9.32c, compared with 8.58c. the low point
reached on the break of March 1. and
9.23c*. high record of last January.
I-iverpooI was a buyer here, while there
was covering by some of yesterday’s
sellers for a turn, and a considerable de
mand from Wall street and western
sources, which was believed to be partly
rebuying by investors, who had taken
profits earlier In the w*eek. Offerings,
however, included some southern selling,
w-hlle there was also moderate selling here
by houses with German connections,
which some thought might be against
cotton likely to be tied up by shipping
uncertainties, and prices soon reacted to
within 5 or 6 points of yesterday’s close.
Business became less active after TJver
pool’8 close and there were rallies to
practically the high point of the morn
ing, but on every advance to around 9.00c
for October, realizing was In evidence
and the market turned easter in late
trading, closing at the lowest point of
the day.
Houses with New Orleans connections
were sellers here on the late decline and
one of the private wires received from
there claimed there had been nome offer
ing of cotton for resale by exporters. Pri
vate cables attributed the advance in
Liverpool to continued French and Rus
sian buying, lnrger spot sales and smaller
offerings. The day’s port receipts were
35.117 bales. United States port stocks,
1,524.525 bales. Exports for the day. 33.208:
for this season, 6.055.508. Interior receipts,
16,272; shipments, 21; ‘11.
New York v otlon Futres
New York, Marcl. 17.—Cotton closed
steady.
High. Low. (-lose!
March . .. 8.70 8.70 8.65
May . 9.03 8.93 8.93
July . . 9.32 9.22 9.23
October . 9.6! 9.52 9.54
December . 9.79 9.72 9.73
Port Cotton Market
New Orleans: Middling. 8.50c; re
ceipts, 6524: exports, 12,267; sales, 1605:
stock, 379,723.
Galveston: Middling, 8.90c: receipts,
9789; exports, 12,930; sales. 3581; stock,
421,867.
I Mobile: Middling, 8.25c; receipts, 94.
sales, 600; stocks. 36.618.
Savannah: Middling, 8.38c: receipts
4784; sales, 3282; stock, 185.744.
Charleston: Middling, 8*4c; receipts,
1 982; stock. 87,269.
Wilmington: Middling, 814c: receipts,
2068; stock. 68,194.
Texas City: Receipts, 6435.
Norfolk: Middling, 8;i§c; receipts.
2816; sales, 1424; stock, 82.805.
Baltimore: Middling. SVac; stock,
3098.
Boston: Middling. 8.90c: receipts, I
455; exports. 2726; exports, 2726; stock,
12,400.
Philadelphia: Middling, 9.20c: stock,
8829.
New York: Middling, 8.9oc; receipts.
225; exports, 5285; stock, 126,294.
Minor ports: Stock, 109 624.
Total today: Receipts, 35.117; exports.
33.208; stock. 1,522,465
Total for week: Receipts. 147,691; ex
ports. 162,863.
Total for season: Receipts, 8,645.866; ex
I ports, 6,065.092.
Interior Cotton Market
Houston: Middling. 8.90c; receipts. 4765:
shipments, 6441; sales, 1885; stock. 168,638.
Memphis: Middling, 8.25c; receipts. 2293;
shipments, 3831; sales, 6750; stock, 214,208.
Augusta: Middling, 8.25c; receipts. 809,
shipments, 3192; sales, KM?: stock, 13$,
083.
at. Louts: Middling. SV ; receipts. 6299:
shipments. 6621; sales, 21ft; stock, 36 466.
Cincinnati: Receipts. 9(1; shipments. 346;
sales. 346; stock, 45.856.
Dallas: Middling. 8.30c; sales, 1803.
Total today; Receipts, iii.305; shipments
19,0:!?: stock. 621.0<2.
New York, March 17 Cotton future
opened steady; March, 8.70o: May. 9.02c;
July, 9.30c; October. 9.61c; December. 9.77c.
New York Cotton Market
New York, March 17.—Spot cotton quiet;
middling uplands, $.95c; sales. 800.
Liverpool Market
Uverpool, March 17.—-Cotton; spot
strong; middling. 5.6181: middling 5.37x1;
low middling. 4.95d: sales. 16.000; specula
tion and export, 6600; receipts. 15,000: fu
tures. steady; Mfay and June. 5.24d: .Tune
and July. 5.29tad; July and August, 7*.37d:
October and November, 5.54d: January and
February, 5.63d.
Hubbard Bros. & Co.'s Letter
New' York. March 17.—(Special.)—-Live!
pool again advanced despite a lower mur
ket here yesterday afternoon, with the
largest spot demand since before the war.
The trade here believe this sharp ad
vance and large spot demand mark the
culmination of the advance in that mar
ket. Therefore they have been free sel
ler t, anticipating a break in prices. In
other words they think Liverpool cannot
go on advancing if this market will not
follow.
Of courso the markets have been legally
divorced by the Lover bill, and their
arugment may be correct, hut there must
be some basis for the strength abroad
which -we cannot learn. There is no infor
mation in the market except the report
that the acreage in Egypt will be de
creased 30 per cent, hut that Is not new
and would have little effect upon Ameri
can cotton.
The market closed with the expectation
of lower Liverpool markets tomorrow.
LABOR CLAUSE OF
TRUST ACT BEFORE
THE SUPREME COURT
Washington, March 17.—Construction of
the Clayton anti-trust act passed last Oc
tober with its labor exemption clauses was
laid before the supreme court today by
tiie filing of a brief in the so-culled wood
work manufacturers* case.
The suit was begun long before the
passage of the Clayton act, but it is
claimed the now statute is retroactive and
applies to all cases pending at its pass
age. whether Jn the trial court or In ap
pellate tribunals. The case is one in
which open shop woodwork manufacturers
throughout the country are seeking to en
join certain New York members of the
Brotherhood of Carpenters and union shop
manufacturers from carrying out an al
leged conspiracy to destroy the trade of
the open shop manufacturers.
The New York courts denied relief un
der the Sherman law. Attorneys for 1 lie
open shop manufacturers contend, how
ever, that the Clayton law* gives them a
right to an Injunction Jn specific words.
They urge that labor unions are not ex
empted from the penalties of doing acts
made illegal under the Sherman anti-trust
lav or any other law\
The brief sets forth that If labor unions
arc permitted by the Clayton law to do il
legal acts that the United States Steel
corporation could destroy its competitors
b’* arrangements with a union whereby
the latter would call strikes on every rail
road, in every factory und on every build
ing where competitors' products were
used. Such exemption ft*>m the penalty
for committing illegal acts, it is urged,
would he class legislation and unconsti
tutional.
WILLIAM L BREEZE
IS KILLED AT FRONT
New York, March 17.-- William L
Breeze, forrher secretary to Ainbassadm
Pago in London. wras killed Sunday or
the French front, according to cable ad
vices today. He was an officer in the
British Royal Morse Guards.
Mr. Breeze was a son-in-law of Ham
ilton Fish. He came of an old New
York family, and had lived in England
for six years.
Keeping Quiet
From tlie Waahlngton Htar.
"What aide do you favor In 1 hi, Euro
pean war?"
'Tm neutral."
"What do you mean by that?"
“I am not going to tell which .tide 1
favor."
1 1 1 ■ , —
WHEAT VALUES
ARE UNSETTLED
Prices Come Noticeably Un
der the Shadow of the
New Crop
Chicago. March 17.—Splendid crop prom
ise on a big acreage- had much to dr
with large wheat. Values were unsettled
at the close, which was %®i%c under las!
night. Cither net declines were; tsorn.
%rQrj»c*: oats. and provisions. ?'•
@10®22%c.
Bearish cable news and slackness of
export call tended to discourage wheat
buyers before prices came noticeably un
der the shadow of the new crop, but
ran.ors of large flour orders from Italy
and Holland brought about something
of n rally just before the day’s wind-up,
Fine weather weakened corn demand.
Miscellaneous holders unloaded oats.
On the ensuing break, however, then
was evidence of renewed cash call from
the seaboard.
Provisions swung down with hogs and
grain.
Chicago, March 17.—Grain and pro
ovsiins;
Wheat— Open. High. Low. ~Close,
Mily . lSV'-V i l.5ft% 1.54%
July. 1.23% 1.23% 1.20% 3.21%
Corn—
May . ... 74% 7 1% 73% 73%
July . 76% 76 % 75 % 76%
Oats- -
May . 69 % 59% 69 59%
July . 54% 54% 63% 53%
Pork
May . 17.75 17.75 17.55 17.57
July.18.17 18.20 17.97 18.00
Lard—
May .10.60 10.62 10.57 10.60
July . 10.90 10.95 10.85 10.S5
Ribs—
May .10.10 10.10 10.02 10.05
July . 10.42 10.42 10.35 10.37
Kansas City Crain
Kansas City. March 17.—Wheat; No. .
hard. $1.52®1.83%; No. 2 rod. $l.52®1.53,
Corn: No. 2 mixed, 71%c; No. 2 white
?2%c; No. 2 yellow. 72%c. Oats: No. 1
white, 59c; No. 2 mixed, 54ffC5c.
St. Louis Crain %
St. Louis. March 17.—Wheat: No. 2
red. nominal; No. 2 hard, nominal; May,
$1.1' % <i 1.50. Corn: No. 2. 74c; No. 2 w hite,
nominal; May, 73%c. Oats: No. 2. 58%c;
No. 2 white, 60%c; May, 58%c.
Chicago Crain
Chicago, March 17.—Wheat: No. 2 red,
$1.56%; No. 2 hard. $1.61. Corn: No. 2
yellow. 74c. Rye, nominal. Barley. 75®
Mo. Timothy, $4.50®6.26. Clover. $9® 13
Pork, $17.20. Lard. $10.10. Ribs, $9.26®9.75.
Produce Market
New York. March 17.—Butter: Receipts,
7196; unsettled; creamery extras, 92 score.
29c: creamery, higher scoring, 29%G£30c:
creamery llrstS. 28®2.S%c; seconds. 23%®
25%t. Eggs firmer; receipts, 26,685; freal
gntl ered, extras, 21®22c; extra tlrsls, 20%c;
firsts. 19®20c; seconds, 18%®l8%e; nearb>
hennery whites, fine to fancy, 25c; nearb>
hennery browns. 22®'22%c. Cheese firmer
receipts, 1179; state whole piilk, held spe
chi Is. 16%®17%c; specials, average fancy
16%®lG%c. Dressed poultry quiet; west
err. fowls, frozen, 14®>17%c; turkeys. 13®30c
Chicago, March 17.—Butter unchanged
Eggs higher; receipts, 9508 cases; at mark
cases Included, 17®J7%e; ordinary ilrsts
16&®17c; firsts, 17%©17%c. Potatoes un
changed: receipts. 24 cars.
Kansas City, March 17.—Butter, eggs am
poultry unchanged.
St. Louis, March J7.— Poyjtry unchangec
except chickens, Tic; turkeys, 14® 16c
ducks, I5%c. Butter unchanged. Eggs
!*%<■•
New Orleans Kice .Market
New Orleans, March 17.-Rice was quiei
«ucl strong today with unchanged quota
tions. Receipts: Rough, 2738; millers, 2175
clean. 2232. Sales: <kK> pockets clean Hon
duras at 3*4®54%c.
Not for the Adolescent
From the Philadelphia Ledger.
“Her novel shows a juvenile trend oi
mind. Why doesn’t she revise It?”
“Her mother thinks she is too young tc
read what, she has written."
i FOR BILLINGSLEY
Sheriff’s Office of Montgom
ery County Trying to Lo
cate Missing Clerk
1 1
! ^Lougotnory. March IT. (Special.V—Shei
; Iff \\ . R. W aller of Montgomery county
today announced that, his office is prose
cuting with great vigor th** search for C.
j Homer Billingsley, former chief clerk of
the pure food anti drug bureau of the
| »i<.pertinent of agriculture, who is charged
in n warrant with the embezzlement and t
conversion of state funds aggregating sev
eral thousand dollars. The warrant for
Billingsley's arrest was sworn out the
hit if r part of last week, but up to the
present time no information lu»s been re
celt I'd by officials concerning his where
abouts.
Sheriff Waller announced that It Is hfs
h t/ntlon to co-operate with Governor
Henderson and state officers In every
v iy possible in apprehending the former
food and drug clerk, and indicated hH
d* sh e to publish photographs of Mr. Bil
lingsley and send them abroad throughout
the country.
The impression prevails here that Bil
lingsley has made his escape. Jle has
not been seen In Montgomery, according
to reports, in 10 days or two weeks, and
It. is now generallv\ believed that he has
assumed the Lacy role and i£ft for parts
unknown.
| TROY
Troy, March 17.—(Special,)—'The First
National bank this morning awarded tho
first, prize in Its garden contest to Mrs.
Joseph H. Kay, on Route 6, for tlio first
Knglish peas of this season. Mrs. Ray
sent quite a large quantity of largo, well
developed pods of peas, which, when
opened at the bank, revealed well ma
tured peas.
The commissioners’ court of Pike'coun
ty lias advertised for bids for the erection
of the new steel bridge at Smiley's cross
ing on Conecuh river, near Goshen. 'Phis
Is the third steel bridge to span this liver
In this county.
The offioo employes of County Clerk
Charles Cox and Sheriff Carroll are bvisy
gelling out papers for the next session
of the law court of TMke county, which
will convene the first Monday in April.
The docket for the term is heavy. The
court will be presided over by Judge T.
L. Boruni. Holocttor Charles C. Rratmen
will represent the county.
News bus been received in this city by
relatives of the death of Mrs Susan
Beauchamp of Atlanta, widow of Thomas
R. Beauchamp. The remains will be
brought to Troy today and the funeral
procession will form at the Union station
and proceed to Oak wood cemetery, wher >
inti rment will bo made. Mrs. Beauchamp
was for 25 years a resident of this erty,
and most of her children (wore reared
in Troy. The family lateu* removed to
Montgomery, then to Atlanta. The de
ceased is survived by four children—Mrs.
Cattle B. Wood, formerly of Troy; Mr*.
Drake. Mrs. Mabry and T. H. Beauchamp
of Atlanta. She was an aunt of Grand
Secretary George Beauchamp of the Ma
sonic fraternity of Alabama.
Two hundred dollars reward
for arrest of Dixie Pearson,
ginger cake colored negro;
age 21, height five feel ten,\
weight 170, has high cheek \
bones, spreading nostrils, clean
shaven, gold upper front tooth.
Last seen wore soft gray hat,
striped trousers, overall coat,
blue wool shirt. Notify Mar
shall, Courtland, Ala.
R. E. COBURN, JR., Mayor.
it oar special price for
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Distributed Exclusively by The Age-Herald
The Thrilling, Vivid History of the
Worlds Greatest War
The London Times
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HISTORY OF THE WAR
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