The Birmingham age-herald. [volume], July 24, 1915, Page 11, Image 11

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

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OF WAR SPECIMS
Bethlehem Steel Exception
and Repeats Its Recent
High Quotations
New York. July 23—So far as actual re- ;
suits were concerned, today’s stock mar
ket was largely a repetition of yesterday.
There was a further downward revision
of some of the war specialties, to which
Bethlehem Steel common and preferred
• proved the most notable exceptions, the
former repeating its recent high quota
tion of 204 and the latter making a new
high at 125. Baldwin Locojnotive also
i broke into new high ground at TPn
Railroad stocks were more prominent.
Shares like St. Paul, Canadian Pacific,
Southern Railway preferred and Texas
and Pacific, descended to lowest prices
in years. All the carriers in tfye southern
and southwestern sections of the country
were heavier at declines of 1 to 4 points, j
Actual new low' prices were established
by Seaboard Air Line preferred at 30*4 |
and Norfolk„and Southern at IT.
The chief factor in connection with
the heaviness of the southern stocks was
the discouraging cotton outlook result
ing from the war, together with unfav
orable earnings. Cotton options were
mostly higher, however, in response to
an urgent demand for the staple from
foreign sources.
Dealings were the lightest of any recent
session.
International conditions. particularly
the impending reply of this government
to Germany furnished the basis for much ;
of the day s hesitation.
Bonds irregular with a renewal of for- j
eign selling. Total sales, par value, ag
gregated $1,656,000. United States bonds
unchanged on call.
Stock Quotation^
Sales. High. Low. Close!
Amer. bTS~“.16200 52% 51% 51%
Amal. Cop.6600 72% 71% 72%
Amer. Cali ... 35500 57 % 55% 56%
Amer. Cities pfd. 46
'Amer. Cot. Oil .. 200 47 46% 46%
I ^mer. Smelt. ...2600 78% 77% 78%
Amer. Sugar ... 300 109'% 109 109
Amer. T. & T. . . 200 121% 121% 121%
Amer. Tob.225
Atchison .1800 101 100% lol
Atlantic C. L. ... BOO 100 99% 100
Palt. & Ohio ...6300 79% 78% 78%
Beth. Steel .2300 204 196 201
Brook. R. T.1800 86% 85 86
Can. Pacific .9000 140'% 138 139%
Cent. Leather ...3000 43 42% 42%
Ch.es. ft Ohio ... . 600 39% 38% 88%
Chi., M. & St. P.7700 79% 78 79%
Chi., R. I. & P.19900 , 12% 10% 111%
Consol. OR# __ 200 127'% 127% 127%
Corn Prod. ...... 200 16 14% 14%
Brie . 2700 26% 25% 25%
Gen. Elect. 1800 183 180 181 %
Gt. Nor. pfd. 600 116% 116 116%
Illinois Cent. ... 300 101% 101 101
Interb.-Met. pfd. 71
I K. C. Sou. 400 23 28 v 21
Louis. & Nash. .. 700 108 106 106
Liggett & Myers.223
I LorlUard Co. ..170
Max. MotorCo. .. 100 36% 36% 36%
Mo„ K. & T. 300 5% 5% 5'4
| Mo. Tactile .3700 2% 2% 2%
Mex. Petrol.8500 74% 69% 72%
• Nat’l Lead . 700 63 % 63 6,7 %
N. Y. Cent. 800 86 85% 86
NT. Y„ N. H. &
Hartford 600 67% 57% 57%
l Nor. & West. ... 200 104 104 104
I Nor. Pacific. 600 104 103% 104
Penn.1300 106% 106% 106%
Reading . 3700 147 146% 147
Rep. I. & S.8400 36% 35% 85%
i do pfd . 600 93 93 93
| 4Seaboard A. L . . 800 12% 11% 11%
*• do pfd. 800 32 30% 30%
Si oss-Shelf. S. &
Iron . 600 39% 38 39%
Studeb. Cor.2600 82% 81% 82%
i Sun. Pacific .4100 84% 83% 84%
| Sou. Railway ...9900 13% 12% 12%
i do pfd.3500 45 42 4S%
Tenn. Cop. 800 .37 36% 3674
Texas Co. 300 131% 131% 141%
Texas & Pacific. .6700 12 8% 8%
Union Pacific ...6400 127% 126% 126%
U. S. Rubber ....1000 45% 44% 45%
U. S. Steel.*43400 64% 63% 64%
do pfd . .1000 111 % 103% 111%
Utah Cop.1500 66% 65% 65 74
Va.-Caro. Chem. 31%
West Union .... 900 69% 68% 69'
AVest’h. Elec. ..49500 108 105% 107%
Bonds
; u. S. 2s, registered . 97%
U. S. 2s, coupon . 97 ‘
! U. S. 3s, registered .. 100%
U. S. 3s, coupon . 100%
U. S. 4s, registered .. 109
U. S. 4s, coupon . 110%
Panama 3s, coupon . 100%
' Central of Georgia Consol. 5s... 99 "
; Illinois Central ref. 4s . 86%
Louisville and Nashville un. 4s .. 91
Seaboard Air Line adj. 5s . 63%
Southern Bell Telephone 6s. 97%
Southern Railway 5s . 99
Southern Railway gen. 4s. 59
U. S. Steel 6s . 101%
Mercantile Taper
New York, July 23.—Mercantile paper,
l&3% per cent. Sterling exchange, 60-day
bills, $4.71.90; demand, $4.76.40; cables,
$4.77. Francs, demand, 564'%; cables. 663%.
Marks, demand, 8174; cables. 82. Lire’s,
demand, 622; cables, 621. Rubles, demand,
$2%; cables. 33%. Bar silver, 47%c; Mexi
can dollars. 36%c. Government bonds
steady. Railroad bonds irregular. Call
money steady; high, 1% per cent; low, 1%
per cent; ruling rate. 1% per cent; last
loan, 1% per cent; closing bid, 1% per
cent; offered pt 1% per cent. Time loans
firmer; 60 days, 2% per cent: 90 days, 2%
per cent; six months, 3%@% per cent.
Metal Market
New York. July 23—Copper easy; elec
trolytic, $19(519.50. Iron quiet and un
changed. Tin easy. $36.25@36.75. At Lon
don. spot copper £75 10s; futures, £75 12s
6r; electrolytic. £S9 10s. Spot tin, £162 10s;
futures, £160 5s. Antimony, £125. Lead
offered at $5.55. Spelter not quoted. At
London, lead, £24 10s. Spelter £76.
Sugar Market
New York. July 28.—Raw sugar nomi
nal; centrifugal. 4.83c; molasses, 4.06c; re
fined quiet. The futures market was
steady with prices at noon unchanged
from yesterday. The market moved ir
regularly In the afternoon and closed
steady 3 points lower to 6 higher; sales,
980 Otons. July. 3.57c; September, 3.64c;
December, 3.41c; March, 3.12c. Raw sugar
market closed dull; centrifugal offered at
4.77c and molasses sugar at 4c.
Naval Stores
Savannah, July 23.—Turpentine firm.
39%c; sales, 843; receipts, 499; shipments,
234; stock, 25.816. Rosin firm sales, 1701;
receipts, 1628; shipments. 1946; stock, 58,753.
Quote: A. B, $2.80; C, D, $3; E, $3.05; F.
$3.10; G, $3.15: H. S.15®3.20; t, $3.20; K.
$3.50@3.60: f M, $4.20@4.26; N, 65; WG, $6;
WW, $6 05:
Live Stock
Chicago. July 23.—Hogs: Receipts. 11,000;
steady; bulk, $6.70@ff7.36; light, $7A0@T7.85;
mixed, $6.7S@-7.70; heavy, $6.40@7.35; rough,
$6.4066.56; pigs, $6.75@7.60.
Cattle: Receipts, 1000; steady; native
Hubbard Bros. & Co.
Cotton Merchants. Hanover Square, g.
Y. Members New York Cotton Exchange.
New Orleans Cotton Exchange, New
York Produce Exchange, Associate
Members Liverpool Cotton Association.
Orders, solicited for the purchase and
I
•nee Invited.
. .. %• ■-.V-w . *«#&...-••*$■£? ,V'
■ ' .
- ‘
IRON MARKET IS FIRM WITH
PROSPECTS ENCOURAGING
Number of Makers Already Have Sold More I'han Their July
Make—Export Outlook Better—Produce Market is
Well Stocked—Peaches Especially Plentiful
The iron market is stronger than at
any time in a year, with prospect* for
the future exceedingly encouraging.
Quotations on pig iron are strong on a
basis of $10 for Xo. 2 foundry, Birming
ham, and prices as high as $10.75 have
figured in deals closed during the week.
Indications are furnace activity will con
tinue and within another two months at
the present rate of increase every avail
able furnace in the district will be in
operation.
Several makers state they have already
sold more than their make for July, and
stocks are getting very low. Sales so
far this month prould be difficult to esti
mate now. but they have reached 150,000
tons oi over. Inquiry is active. Buyers
show-* a disposition to close orders without
much bickering. Speculators still are out
with large inquiries, but so far no such
business is reported.
Prospects for export are much better.
Ocean rates in the past few days have
bean considerably reduced, and more bot
toms are available, according to reports
reaching Birmingham yesterday. Addi
tional mines are being placed in opera
tion, several additional furnaces already
have been blown in, coal operators are
beginning to feel the improvement in the
iron business, and all in all the Indus
trial outlook la extremely encouraging
right at present.
Produce Situation Unchanged
The produce situation is practically un
changed. Prices hold Arm, and supply
and demand In most instances are well
balarffled.
Peach receipts are again growing ex
ceedingly heavy, and the quality better.
Th*- outlook for the grower on a large
scale is said to be bright this season.
"Georgia Bells" are now being placed
on the local market from Alabama points.
Among visitors to MorrlB avenue yes
terday was E. J. Bryan, who has a great
orchard at Blount Springs. Mr. Bryan
said
"For a number of years I have made
a specialty of peach growing. I have now
a large acreage In peaches on'the ntoun
talr.tafn side at Blount Springs, and ex
pect this year to gather a groat crop. The
Birmingham market seems to be fully
stocked at the present time. My crop
of Albertas will be on the market within
a week qr bo, and for the greater part
will be shipped north and east. There
will probably be some 150 cars this season
from my orchard, which will grade up to
a high standard. If the Birmingham mar
ket Is not too crowded when my crop la
ready for market a good portion will
be placed here. Long experience and prac
tical knowledge Is required to grow fruit
on a commercial scale. The peach in
dustry within Itself is worthy of years
of study.”
Among receipts from Alabama points
yesterday were: 35 crates peaches, Em
pire; 22 peaches, Wheeler; 2 from Thors
by; 1 crate figs, Evergreen; 5 crates ap
ples and 8 of peaches. Gadsden: 31 peaches,
Alexander City; 12 baskets peaches, Spruce
Pine; 10 hampers cantaloupes, Bollgee;
4 boxes apples. Gadsden; 10 crates peaches,
Jasper; 31 crates peaches, Dorn; 3 can
taloupes, Warrior; 1 barrel and 4 boxes
apples, Hanceville; 49 baskets peaches,
Birmingham.
Quotations for today follow:
local Rotations
Poultry and Eggs
(Commission merchant's price)
Her.e—ll%c.
Fryers—18@20o
Broilers—16@17c.
Guineas—30c.
Roosters—25o.
Fresh country eggs, 15@16c; graded, car.
ton eggs, 20c. (
Meats
(Packers’ Selling Price)
Extra Ribs—11c.
Bellies—ll*4c.
Butts—15c.
Pork Loins—17c.
Neck Bones—4c.
Breakfast Bacon—18@26c.
beef cattle, 86.40@10.35: western steers, $70
8.2o; cows and heifers. $3.2509.20; calves,
$7010.50.
Sheep: Receipts, 2000: firm; sheep, $5.75
06.76; lambs, $t>@6.20.
Kansas City, July 23—Hogs: Receipts,
3500; higher; bulk, $7.2507.50; heavy, $7.10
07.35; packers and hutchers, $7.3007.50;
light. *7.2607.55; pigs, *707.26.
Cattle; Receipts, 500; lower prime fed
steers. *9.75010.10; dressed beef steers. $7.50
@9.50; southern steers, *5.7508.85; cows,
$4.5007.26; heifers, *709.80; stockers, *6.500
8.75.
Sheep; Receipts. 1500: higher; lambs,
$7.3507.75; yearlings. *6.4007: wether, *60
6.75; ewes. *5.6006.50.
St. Louis, July 23.—Hogs: Receipts, 4200;
higher; pigs and lights, *7.8607.85; mixed
and butchers, *7 4007.80; good heavy, *7.40
@7.60.
Cattle; Receipts, 700; steady; native
beef steers. *7.50010.35; yearling steers and
heifers. *809.65; cows, *608.15; stockers, $6
08.26: Texas and Indian steers. *6.2508.85;
cows and heifers, $406.50; native calves,
*6010.75.
Shee.p: Receipts, 1000; steadv: clipped
rputtona, $506.25; lambs, *7.6008.25; clipped
lambs. $707.50.
Wool Market
Boston, July 28.—There has been a
brisker tone in the wool market and fully
an average volume of business has been
transacted, with price* ruling firm all
around. The sales again Included a con
siderable proportion of fine foreign wools
at full recent rates.
London has shown little change In the
last week. Australia has been Irregular.
Kentucky and similar: Half blood,
unwashed, 36c; three-eighths blood', up
washed, 3884039HC.
Scoured basis: Texas tine, 12 months,
88070c: fine, 8 months, 60063c.
English Money
London. July 23.—Bar silver, 2244d per
ounce. Money, 40414 Per cent. Discount
rates: Short bills. 51s per cent; three
months. 614 per cent.
Coffee Market
New York, July 23.—Coffee futures
opened quiet at unchanged prioes today,
but eased off under scattering liquida
tion and trade eelling, which eeemed to
be baaed on talk of freer Brasilian offer
ing, and the accumulated Santoe stock.
General business was quiet. The market
closed at a net decline of 3 to 6 points^
Sales, including exchanges. 22,600. July,
6.94c; August, 6.84c; September. 8.77c; Oc
tober. 6.80c; November, 6.84c; December,
6.87c; January, 6.91c; February, *.96o;
March. 6.99c; April. 7.04c; May. 7.10c;
June. 7.15c.
Spot quiet; Rio No. 7, 714c; Santos No.
4, 9%o. Cost and freight offers ware re
ported about unchanged, but there were
further rumore that Brasil was accept
ing bids at slight concessions.
No change was reported In the rate of
Rio exchange on London and mllreis
prlcea were unchanged. Brasilian port
receipts, 63,000; Jundlahy, 66,000.
• -
Cotton Seed Oil
New York, July 28.—The strength
of both lard and cotton today Inspired
a" covering movement In cotton seed
oil, which advanced prices 4 to (‘points
over last night. Refiners also bought a
little and August was taken by com
mission houses near the close. Sales,
6000 barrels. The market closed firm.
Spot, 6.0206.20c; July, 6.0S@6.15c; Au
gust, 6.1306.16c; September, 6.Hf0
6.12c; October, 6.09@6.10c; November,
6.040608c; December, 6.10@6.12c; Jan
uary, 6.16®6.19cV4 February. 6.200
6.25c; total sales, 6000.
•
*v’ .«•*•* " ; /
A Steady Tone Maintained
and Closed With Net
Gain
New Orleans, July 23.—A moderate de
mand, met by only slender offerings,
served to put the price of cotton 13 to 16
points up today. The market stood at the
advance throughout the session, but late
in the day longs took profits and pared
down the rise somewhat, the close being
st a net gain of 7 to 8 points. A steady
tone was maintained to the end. Bulls
claimed the market was oversold and
there were signs at times that shorts were
the best buyers. Not a few shorts ap
peared anxious to even up over the week
end. Longs were not aggressive traders
at any time, apparently being held In
check by the fear that forecaste of the
coming government report on condition
might l^e bearish.
Weather conditions were considered fa
vorable on the whole, but bulls made
much of the drop In temperatures over
the belt. In some quarters efforts to
straighten out the cotton export situa
tion were regarded as an important bul
lish feature.
New Prions Cotton Future*
_ High. Low. Close.
July ••••. 7777 168
October . 9.16 9.01 , 8.97
December . 8.87 9.26 9.80
January . 9.48 9.89 9.42
Maroh . 9.70 9.61 9.63
New Orleans Cotton
New Orleane, July 23.—Spot cotton quiet
unchanged. Sales on the spot, TO, to ar
rive. IOO. Good ordinary. 6.62c; strict good
ordinary, 7.18c; low middling, 7 82c; strict
low middling, 8.26c; middling, 8.63c; strict
mlddlng. 8.880; good mlddlng. 8.20c; strict
good middling, 9.M0. Receipts. 693; stock,
163,831.
Coat of the Boer War
From ths Dundee Advertiser.
The South African war lasted for two
years and elgh months, and cost In all
£250,000,000. The forces of Great Britain
numbered 448,000 and were made up of 38?,
OOO from these countries, 49,000 from the
colonies, 32,000 raised In South Africa, and
10,000 of a garrison. This number seams
quite small when compared with ths army
which Britain has In ths Held at ths
present time.
The number of oflcers and men re
ported killed amounted to USt, while
23,342 were reported wounded; disease end
accidents were responsible for 18,171
deaths. These accidents ware of almost
every conceivable kind, and Included men
killed by the bursting of guns, derailing
of trains, kicks from horses; while it was
also asserted that several had been de
voured by lions. The majority of those
who died from disease were victims of
mterlc fever and dysentery. In ail, ths
lumber of deaths was under 22,000.
Spare Ribs—9c.
Regular Hams—17c.
Skinned Hams—17c.
Pure Lard—9^c; compound 7^4c.
Fish
(Wholesaler*' Selling Price)
Perch—808*60.
Salt Water Trout-110] 2^c.
Blue Catfish—7Hc. 9
Red Snapper—8^01Oc.
Gray Snapper—6c.
Mullet—6 tjj06c.
Shrimp—?0c.
Spanish Mackerel—12**016c.
Sheephead—808V4c.
Creamery Products
(Wholesalers' Selling Price)
Creamery Butter—SOVfce; process butter,
27Hc; oleomargarine, 14023c.
Full Cream Cheese—17c; imported
Swiss, 86c; Pimento, dozen, $1.35.
Fruits and Produce
(Wholesalers’ Selling Price)
Lemon*—$804.
Lettuce—$101.26 per box.
Limes—75c0$l per 100.
Pineapples—$1.5002 crate,
reaches—$101.25.
Peaches. M: bus. baskets. 16025c.
New Apples—$101.36 per hamper.
Peanuts—6^0fl^c per lb.
Home Grown Tomatoes—80040c basket.
Irish Potatoes—76c per bu.; No. 2, 60o
per bushel.
Virginia Potatoes—Cobblers in 11-lb
packages. $8.
Roasting Ears—16026c do*.
Eggplant*—$101.60.
Alabama Onions—$101.26 crate.
Northern Onions—Per 76-lb. sack, $l.tt.
New Cabbage—$101.60.
Green Beans—Hamper. 6O0fT6o. -
Home Grown Tomatoes—40060c.
Home Grown Squash—Per half-bushel
basket, 20090c.
Home Grown Cucumbers—Per half
bushel basket. 26060c.
Lodon Layer Raisins—$1.76.
Watermelons—10026c.
(’a nta loupes—$1.5001.76.
New Sweet Potatoes—11.26 per hamper,
Missouri Apples—$1.25 crate.
Figs—$1.60.
Flour and Feedstuffg
(Wholesale Quotations.)
Self-i Ising flour. $6.66; Tennessee flour,
! |f.45; Michigan flour, $7.40; Idaho flour.
$6.75; Indiana flour, $6.®; hard winter
wheat flour, $6.75; shorts, $33; pure wheat
brand. $29; C. S. meal, 7% per cent, $29; !
Cremo meal, $26; C. 8. hulls, $10 ton; No. 1
timothy hay, $25 per ton; pea green al
falfa: western, $22, and southern alfalfa,
$19; mixed feeds, per ton, $36; oats, per
bushel, 68c; Texas oats, 63c; corn, per!
bushel, $1.06; cornmeal. $1.90 per two- j
| bushel sack; chops, $1.95.
Hides and Tallow
(Dealers’ Buying OlTer.)
Green Salt Hides—16017c.
Green Salt Hides (half cured)—16016c.
Green Hides (fresh)—14016c.
Dry Salt Hides-26028c.
Damaged Hides—Half price.
Sheep Skins—26060c.
Horse Hides—$203.
Sherllngs—15026c.
Goat Skins—26030c.
Kid Skins—10c.
Tallow—506c.
Beeswax—27028c.
Washed Wool—33035c.
Clear Unwashed Wool—27028c.
Burry Wool—16018c.
Wild Ginseng—$606.
Spot Cotton
(Brokers’ Quotations.)
Good middling . 8^
Strict middling . 8-),
Middling ..„ 7%
Strict low middling ... 7
The Iron Market
IB’ .
2F .10.00@10.50
3F . 9.BO@10.00
Gray Forgo . 9.00@ 9.60
IS . 10.50@11.00
2S . [e-mail]
ran view
■ i
r/« vaEMsir
Forty Thousand Bales to be
Shipped to Russia Is
Report
.
New York, July 23.—The cotton mar
ket was higher today on rather a more
optimistic view of export prospects, the
continued heavy movement of cotton out
of sight, and the failure of weather ad
vices to show any rain in the southwest.
The demand was neither general nor ag
gressive. but offerings were limited, and
the close was steady at a net advance of
7 to 9 points.
The market opened steady at unchanged
prices to an advance of 3 points In sym
pathy with the steady cables. As prices
worked higher, on covering and moderate
support from Wall street houses, there
was a little Liverpool selling and some
scattered realising, hut only slight reac
tions occurred, and there was quite a
sharp bulge in the market around mid
day on reports that local spot people
were preparing to ship considerable cot
ton, possibly 40.000 bales, from here to
Russia. October contracts sold up to
9.29c, or about 14 to 16 points above last
night’s closing figures. The advance
was then checked by profit-taking or sell
ing for a reaction, and prices eased off
some 6 or 7 points from the best. Ad
vices indicating that the discussion over
option shipments was taking a form that
suggested a dealre on the part of the
allies to avoid any friotion with this
country, made rather a favorable Impres
sion on local sentiment. A report re
ceived here from a prominent traveling
expert late in the afternoon said that
crop conditions could hardly be better In
southeast Alabama and southern Geor
gia. Exports today. 6433; so far this
season. 8,270,663. Port receipts, 3149;
United States port stocks. 789,419.
New York Cotton Futures
High. Uw. Clone.
July . S.M STsT ~
October . 9.29 9.15 9.23
December . 9.67 9.44 9.31
January . 9.R8 9.85 9.82
March . 9.86 9.82 9.SB
Port Cotton Market
New Orleans: Middling. 8.83c; receipts.
816; exports, 604: sales. 90; stock, 163.851.
Galveston: Middling. 8.75c; receipts.
1474: exports. 3734; sales. 100; stock. 118,726,
Mobile: Middling. 8.18c; receipts. 29:
stock, 14.1138.
Savannah: Middling, 8.50c; receipts. 430;
sales, 450; stock, 70,871.
Charleston: Receipts, 19; stock, 43,635.
Wilmington: Receipts, 11; stock, 84,867.
Norfolk: Middling. 8.38c; receipts, 238;
sales, 497; stock, 46,646.
Baltimore: Receipts, 161; stock, 3097.
Boston: Middling, 9.16c; stock, 14,287.
Philadelphia: Middling. 9.50c; stock,
2819.
New York: Middling. 9.26c; export*.
1216; stock. 266,873.
Minor port*: Stock. 16,425.
Total today: Receipts, 3300-, exports,
6463; stock, 784.236.
Total for week: Receipts. 32,770; ex
port*. 42,848.
Total for season: Receipts, 10.698,073; ex
ports. 8,264.786.
Interior Cotton Market
Houston: Middling, 8.65c; receipts, 2889;
shipments, 4407; sales. 1026; stock, 59,046.
Memphis: Middling, 8.62c; receipts, 658;
shipments, 2270; saleB, 325; stock, 82,766.
Augusta: Middling, 8.60c; receipts, 87;
shipments, 287; sales, 668; stock, 68,678.
St. Louts: Middling, 8%c; receipts, 587;
shipments. 819: stock. 18,279.
Cincinnati: Receipts, 166; shipments,
267; stock, 17,571.
Little Rock: Middling, 8.50c; receipts. 35;
stock, 9613.
Dallas: Middling. 8.25c; sales, 150.
Total today: Receipts, 4419; shipments.
8140; stock. 266,752.
Liverpool Cotton
Liverpool, July 23.—Closing: Spot cot
ton In fair demand. Prices easy. Good
middling. 5.43d: middling, 6.13d; low mid
dling, 4.67d. Sales, 8000 bales, Including
6500 American and 1000 for speculation and
export. Receipts, 17,000. Futures closed
steady; July, July-August, 6.06d; August
September. 6.1ld; September-October,
6.20d; October-November, 6.27'Ad; Novem
ber-December. 5.33Hd; December-Janu
ary. 6.38d; January-February. 5. l.T-jd;
February-March. 5.48Hd; March-April,
5.53V4d; Aprll-May, B.57d; May-June.
6.80Mid; June-July, 6.63d; July-August,
5.66d.
World’s Visible Cotton Supply
Total visible thl* week. 4,964.000; last
week, 6.211.000; same date last year, 8,
416,000; same date year before, 2.750,000.
Of this the total Antei^ean this week
8,448,000; last week, 3,639.000; last year,
1,809,000; year before. 1,426,000. All other
kind this week, 1,615,000; last week, 1,571.
000 last year, 1,607.000; year before, 1,324,
000. Visible In the United State* thl*
week, 1,248,000; this date last year, 394,000.
Visible In other countries this week, 3,
716,000; this date last year, 3,022,000.
Weekly Cotton Statistics
Liverpool, July 23.—Weekly cotton
statistics: Total forwarded to mills.
89.000 hales of which 76,000 were Amer
ican; stock, 1.574,000, American, 1,309,
000; Imports, 52,000, American, 38,000;
exports, 16,000.
Dry Goods Market
New York. July 23.—Cotton goods stead
ier and more active today. It was an
nounced that Fruit of the Loom 4x4
bleached would not be changed In price
from 1%c. Yarns steadier and wool mar
kets firmer. Burlap prioes have broken.
Hubbard Bros. & Co.’s Letter
New York, July 23.—(Special.!—A con
tinued small and narrow market easily
moved on moderate trading. Some buy
ing on the opening, due to weather un
certainties followed by a private bear
ish report, caused the fluctuations. The
close showed a good feeling at the slight
Improvement. Trading was local and un
important.
Must Prove That He's Alive
From the New York Herald.
Before Judge Guy, In the superior
oourt of California, will admit that
Affselmo Sosa, real estate dealer of
Santa Ana, has returned to life after
an absence of a quarter of a oentury,
he must have evidence upon that point
A mere stipulation of attorneya on
either side of the controversy that he
is. In fact, the same man who was
pronounced legally dead Is not suffi
cient, in the opinion of Judge Ouy. to
Wfirrant a court order resurrecting him
from his Judicial grave.
After listening to arguments upon
various legal phases Involved, Judge
Guy declined to make-a ruling and gave
him until July 19 to present evidence.
When Sosa appeared here early this
year, asserting that he was the same
man who disappeared 25 years ago, he
sought to obtain title to a lot which
he had owned In Logan Heights, but
which had slnoe passed to John Zweck,
the administrator of his estate.
It developed that the wife whom he
left behind had remarried, and Is now
Mrs. Mary Bruce, and lives In Berk*
ley. Attorneys for Zweck say that Sosa
remarrlsd In Santa Ana.
Mra. Bruoe refuses to ooms to San
Diego to Identify Sosa, and he, on his
part, showed no keen anxiety to face
his former spouse. When this difficulty
seemed Insurmountable, attorneys for
Sosa and Zweck sought to alimlnate
the ,bone of contention by admitting his
The Wheat Market Closes
Strong With Oats at
High Level
Chicago, July 23.—Reports that black
rust had begun attacking the stems
of wheat In South Dakota led to s
quick upturn today In the market here
Quotations at the close were strong.
1 ai c above last night. Corn gained
^iiS'kc net nnd oats In pro
visions the outcome ranged from TVfrc
decline to an advance of 5c.
Corn manifested unvarying strength
from the start.
Oats mounted to the highest level
since May.
Higher prices for hogs and grain
steadied provisions.
Future quotations were as follows
Wheat— Open. High. Low. Close
July . 1.09 4 n 2 l7o9 4 l7l 0 4
Sept. 1.054 1.074 1 054 1.089,
Corn—•
July. 79 4 R04 79 4 80 V
Srpt. 74 H 754 714 754
Date—
July . 494 514 494 514
Srpt. 37 4 87 4 87 4 37 4
1'ork—
Srpt.14.50 14.80 14.40 14.47
Oct.14.85 14.72 14.55 14 82
Lard—
Srpt. 8.12 8.17 8.12 8.17
Oct. 8.22 8.27 8.22 8 27
Rtbe—
Sept. 9.90 10.00 9.90 10.00
Ort. 9.92 9.95 9.92 9 95
Chicago Grain
Chicago, July 2*,—Wheat, No. 2 red. new,
$1.1101.1114; No, 2 hard, new, $1.119401.14
Corn: No. 2 yellow, 8108194c. Rye; No. 2
new. $1.02; barley. 74078c; timothy. $7>0
0.80; clover. $8.60018.25. Pork, $14.22; lard'.
$7.970*.07; rllie, $9.2509.87.
St. Louis Grain
St. Louie, July 23.—Wheat: No. 2 red,
$1.1301.14: No. 2 hard, nominal; July. $1.08;
September. $1.039401.04. Corn, No, 2. 81c;
No. 2 white, 8114c; July, 80c; September.
73T4074c. Oats, No. 2 nominal; No. 2
white, 57c; July, 48c; September, 3oa4c.
Kansas City Grain
Kansas city, July 23.—Wheat; No. 2
hard. $1.3201.43; No. 2 red, $1.1701.36.
Corn, No. 2 mixed, 79c: No. 2 white, 7894c:
No. 2 yellow, 7894079c. Oats, No. 2 white.
52052*40; No. 2 mixed. 4694047c.
Produce Market
New York, July 23.—Butter, steady to
Arm: receipts, 11,709: oreumery extras, 92
score, 26941-: higher scoring, 2702799c;
Arsta, 2494026c; seconds, 23024c. Rggs,
weak; receipts. 10,449. Fresh gathered ex
tras, 24026c; extra Arsts, 219402294c: Arsis,
1994021c; seconds, 1794019c. Cheese, weak:
receipts, 4682; state whole milk Aats and
twins, specials, colored, 149401414c; white,
149401494c; colored average fancy, 1401494c;
white average fancy, 14e. Dressed poul
try, Irregular: western roasting chickens,
frozen. 18022c: fresh fowls. Iced, 1394017c;
turkeys, 15016c.
Chicago, July 28.—Butter, unchanged.
Rggs. receipts, 9689 cases; market un
changed. Potatoes, higher 26c; barreled.
$1.3001.35. Poultry, alive, lower, fowls,
1294o.
St. Louis, July 23.—Poultry, butter and
eggs unchanged.
Kansas City, Mo.,' July 28,—Butter, eggs
and poultry unchanged.
Rice Market
New Orleans. July 23—Rough rice was
steady and clean, quiet and steady today.
Quotations unchanged. Receipts: Rough.
361; millers. 361. Sales, 69 sacks rough
Honduras at 360; 1826 pockets clean Hon
duras at 3940494c; 130 pockets Japan at
3940494c.
C. B. GLENN IS
TUSKEGEE SPEAKER
Tuskogee, July 23.—(Special.)—"The
Welfare or the Children of Alabama”
waa discussed Thursday before the col
ored teachers attending the summer
school by C. B. Glenn, assistant super
intendent of the Birmingham public
schools.
"At the Invitation of your directors,"
he said, "I have left the busy scenes
where over 700 students are actively at
work attempting Just what the students
of this school have been doing. Of the
700 students, 200 are colored teachers.
During the [last session I have worked
with them dally. The course I gave was
called ‘every day problems in teaching.' ”
Raising the question, "Does It pay to
educate?" Mr. Glenn answered that if the
statement Is made that Alabama Is too
poor to educate her children, his answer
would be that Alabama Is too poor to not
educate her children.
"The wonderful Interest In childhood,"
he said, "is one of the most encourag
ing features of our civilization.”
Quoting Francis Parker the speaker
said: “The greatest problem before tile
human race today la how to make men
better," and the answer Is "Education."
When people became convinced of the
wealth of our mountains no "compulsion
digging law would be necessary to un
earth the treasure. If the people In Ala
bama were convinced that education did
what It claims, no compulsion education
law would be necessary.
‘The average man In Alabama must
be made to see that education pays In
dollars and cents. It Is often said ths
common laborer, especially the negro,
needs no training: educate him and you
spoil him. Jlugglng these vampire de
lusions the southern plantation owner has
seen his lands abandoned to broom sedge
and gullies. Intelligent labor would havs
made these lands productive.”
Continuing, Mr. Glenn declared that ths
southern merchant would profit by selling
sulky plows, harvesters, carriages and
pianos; that statesmen, editors, manu
facturers, bankers, lawyers and all
would profit by a general diffusion of
knowledge.
Ths trouble Is. as Dr. J. D. M. Curry
used to say, "We are too poor not to
furnish education.”
The lecture created a line impression
Judging by the frequent applause.
There Was a Difference
From the Philadelphia Telegraph.
In the lobby of a hotel they were speak
ing about speed Mends, and Congressman
Wyatt Aiken of South Carolina recalled
a story about Jones.
One afternoon Jones was rambling along
the boulevard when he ran aoroae friend
Smith. Handshake and then some talk,
which included the war, the weather and
automobiles.
“By the way.” said friend Smith reeol
lectively. "I hear that you have been
buying a machine."
"Yes," proudly admitted Jones, "I
brought her home about two weeks
ago."
"Some speed. of course,” returned
friend Smith. "How fast can ths ma
chine go?*’
"Well," answered Jones with a smile
that was half sad, "It depends altogsther
on who Is timing It, myself or a country
constable."
Does Not Keep Servants
From the Kansas City Star.
“Do you keep any servants?**
‘‘No, of oourse not."
“But I thought I saw one In your
kitchen?"
“Oh, ws have servants on ths prem
ises a day or two at a time; but we
don't keep them,"
WEEKLY REVIEW
Nervousness Over Inter
national Politics Dis
courages Business
New York, July 23.—-The cotton
market has been comparatively quiet
during the past week, with fluctu
ations Irregular. The rally of about 75
points from the recent low level was
followed by reactions of some 30 to 35
points and the talk around the ring
bore has been rather bearish on a fa
vorable view of new crop progress
over the greater part of the belt, but
short selling has been restricted by the
comparatively low price and the pos
sibility of crop scares. whil< nervous
ness over international politics has ap
parently discouraged general business.
On declines Liverpool has bought pre
sumably to undo straddles, and it is
said that there is still a substantial in
terest of this sort outstanding. Gener
ally speaking, however, scattering ac
counts are believed to be well evened
up pending a later view of the crop
and export developments particularly
In view of drouthy conditions in south
Texas. Meanwhile spinners takings
continue heavy, while remaining old
crop holders show little disposition to
force sales and the southern adviced
indicate that plana are being made to
assist In gradual marketing. Domestic
mills are reported to have been mod
erate buyers for new crop shipment
and some spot demand has been re
ported from Russia but forward busi
ness has been small and manufacturers
are believed to be waiting for the ef
fect of new crop movements. Recent
advices from India report an improve
ment In the monsoon suggesting In
creased activity in Manchester and the
discussion of the cotton problem in
England has taken a form indicating
a desire to prevent friction and to sat
isfy southern growers. According to
figures published by the department
of agriculture, purchases of commer
cial fertilisers for the crop of 1916 were
only 69 per cent of last year, with the
effectiveness of .the supply much re
duced by the scarcity of potash, while
the department also estimates that 92
per cent of the old crop had been sold
by producers on June 1, this year,
against 97 per cent last season.
Should (iuard Against Infection
Prom the Columbus Dispatch.
The necessity for exercising the great
est care to prevent infection of wounds
is strikingly demonstrated by a Veport of
the state industrial commission on acol
e—■ 1 ■ 1 i i. ■ ■ . j
dents in Ohio. Of a total of 25.781 indus
trial accidents causing loss of time but no
permanent injury, one out of every 34
was Infected more or less. Of 601 accidents
which caused permanent partial disability,
one out of every 29 was complicated by
infection.
The danger of infection is much greater
In cases of lacerations, punctures, abras
ions, bruises, etc., than in cases of burns
and scalds. Of 15,389 cases of laceration,
one case in every 15 became infected. In
2208 cases of burns and Aralds one out of
very 20 showed infection.
The 128 fatal accidents analyzed in the
report were ascribed to a variety of
! causes. Thus 15 men were killed by falls
I from considerable heights. Nine of these
fell from scaffolds. aCafftng. etc., three fell
while cleaning windows. The deaths of 83
men were ascribed to causes connected
with the operation of various kinds of
machinery, while hot metals, dynamite
lives.
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SHERWOOD INN«“
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beautifully loeated. Refined and attrac
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year. Booklet.
F M. CUNNINGHAM, Mgr.
r^) ^dLl35I38TRtEtf^=*> ^
Bet. 5th Ave. & Broadway Jl
n) 300 Rooms, Each with Bath, r
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| We nay taxicab eerrire fmm II
I Ora pit Central or FV.nn. Stations. |J
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>ALEN[K]ALL
mANTICCITYU Ufl.J.-a
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’Ideal in its appointments
comfort s.table ^service
wlt/iBalns forpIeasure«neaUn.
ALWAYS OPtirt CAPACITV.330
F L YOUNCOantlUw
1 —A
Qxlanlic. Ci tty
^fGte(£vu^loftaiid6s6ilKO
■ ■ ■ 1 1 ■!
PER WEEK FOR 2 PERSONS
ROOM *Sr & MEALS
AT BRIGHTON BEACH, N. Y.
HOTEL SHELBURNE
AMERICAN and EUROPEAN FLAN *
200 rooms; 75 private baths; running hot and cold f
water In rooms; every convenience; surf bathing. |
L SPECIAL TERMS TO FAMILIES
Week-End Rate Saturday Pinner
ROOM AND MEALS „ „ to
WRITE FOR PAMPHLET Mon(,ay After Br*‘kfalt
SPECIAL SHORE DINNER tTp.m. $2
NED WAVBURN'S UQS-.1 n aU A/Tn” Twice Nightly, 7:30 and 11:0#
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I * "
WASHINGTON’S FAMOUS HOTEL
tan Situated in an
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<M in the Centre «f
WASHINGTON ]J Everything,
> ox. if on Pennsylvania An.
MIDWAY BBTWBBN # ' _
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euBOPEfls pisnc^ 500 Rooidh
Nearly All with Beth.
Modern completely throughout, exquisitely furnished. It it* just the hotel for
you, your family, and where ladies can enjoy entire freedom from all objection
able features, and has beautiful roof garden. For years this hotel has been the
headquarters for nearly all the foreign diplomats and government officials.
The Restaisrant of exceptional quality at moderate rates.
Rooms for one person, $2.00 per day and up..
Rooms fer two persons, $3.00 per day and up.
Rooms with bath, one person, $2.50 per day and up.
Rooms with bath, two persons, $4.00 per day and up.
E. L. WESTON, Manager ,
BOOKLET Ann Pl'1,1, l>irOHSAT1«>l OV RKQEBST. I
«=■■ - J
Buffalo Lithia Springs Hotel j
Located la the most delightful section of Mecklenburg County,
Virginia, this famous health resort will, this season, be
Under New Management—MR. C. E. GRAHAM
whs ku had aurrun' erparteaee la tha maawram.nl of laadUc hotel, la
tha Mat and Muth. wlU have afcarse. with a competent .taft of heedi. cook, and
•arraafc. AlioondltloBa oemMae&sakeSaffalo Uthla Sprlnsa the ld.alana
• fP