The Birmingham age-herald. [volume], July 04, 1916, Page ELEVEN, Image 11

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

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

                
Attendance of Traders the
Smallest for Many
Weeks Past
New York, July 3.—Coming: between
two holidays, today's market was In
significant and unimportant to the last
degree. Dealings were light and con
tracted at the outset, became increas
ingly dull at midday and lapsed into
absolute stagnation later, the total
turnover barely approximating 250,000
shares.
Attendance of traders was the small
est of any regular session for many
weeks and outside interest was utterly
lacking. The short interest found fur
ther excuse for attacking special
stocks in the tax of 5 to 8 per cent,
which the government intends to levy
upon grosjj earnings of munitions com
panies and related concerns.
Declines of 2 to 4 points were re
corded during the forenoon by various
speculative issues, the weakest fea
tures being United States Industrial
Alcohol, Crucible Steel. Baldwin Loco
motive and the motors. Metal shares
also^were depressed by the additional
break in copper and allied products in
the London market.
Mexicans made pronounced recovery
on the more favorable outlook in the
country and such ill assorted stocks as
Mercantile Marines. Texas Company,
Sears Roebuck and Cuban Cane Sugar
were fairly steady throughout.
Rails of the investment class were
dull, but variably better, especially the
; transcontinental group, with consider
able activity at gains of a point or
more for Southern railway and Wabash
preferred shares. Such mfhor rails as
$Iowa Central and Minneapolis and St.
’.Paul were weak on very light offer
ings.
The market was at its best in the
final hour, improvement being due to
^rumors that an understanding involv
ing the early removal of our forces
efron Mexico had been reported. Mexi
can Petroleum made an extreme gain
lof 4 points and other specialties recov
ered gerater part of their losses.
Bonds were firm with a steady in
quiry for Anglo-French and Canadian
issues at slight advances. Total sales of
bonds, par value, $1,920,000.
< United States coupon and registered
p2s and registered 4s as well as Pan
ijama 2s declined % per cent on call,
with sales of United States coupon 33
l at an advance^of one-fourth per cent.
Allis-Chalm. ...1200
Amer. B. S.3100
Amer. Can . 400
(Atlantic C. L.
aid. Loco. . .
Balt. & Ohio .
:ethle. Steel
an. Pacific .
ent. Leather
Stock Quotations
Open. High.
. ..2900
. . 100
.. .4000
. . .1500
23%
89
52
53%
64%
67%
94%
Amer. C. & F.
Amer. Cot. Oil
Amer. Loco. .
Amer. Smelt.
mer. Sugar .
Amer. T. & T.
Amer. Tob. 200 206%
Amer. Zinc .3000 37%
(Ana. Cop.2500 82%
Atchison . 100 105%
Low.
23
87 %
52
52%
54%
65%
92%
200 128%
100 114%
.11100. 72%
.. 300 89%
128%
205 %
36%
81%
105%
114%
69%
89 %
..2200.181
900
hes. & Ohio_1500
56%
63%
98%
800 22%
92%
26
79%
''hi., M. & St. P. .1000
7hi.. R. I. & P.
Railway ...
Ion.soI. Gas. 200 134
■'orn Products ... 600 14
>uclble Steeel.13600 72%
Orie .1400 36
len. Elect.
It. Nor. pfcl . 600 120%
It. Nor. O. ctfs. . 100 34%
txoodrich . 500 74
Uinois Cent.
nt. Mer. Mar.
pfd ctfs.5700
. C. Sou.200
,ehigh Val.300
jOuis. & Nash... 100 133%
Jggett & Myers.
rillard Co.
lax. Motors ....6400 79
* d.o, K. & T. pfd.
do. Pacific . 100 7
ilex. Petrol. ...12100 99
v'at’l Lead . .
xT. Y. Central
7. Y„ N. H. &
Hartford ..
4or. & West.
•for. Pacific. 800 113%
enn...2900 58 .
leading .5900 98%
lep. I. & S. ..... 400 45
Seaboard A. f*.
do pfd .
iloss-Sh^. S. &
Iron.
tudeb. Cor. ... ' -c0 134%
Sou. Pacific f .. .1400 98%
ion. Railway ..20000 25
<to pfd .1500 70%
enn. Cop. 200 35%
>xas Co.1800 192
exas & Pacific.
Tnion Pacific ...7800 139%
Jnited Fruit.
S. Rubber.... 100 54%
179%
56%
62
97%
Close.
23%
89
62
53%
51%
67%
94%
110
128%
206%
37%
82%
105%
114%
71%
89%
425
180%
56%
63
98%
21% 22%
134’ 134
13% 14
69% 717J
%36 36%
_ 167
120% 120%
34% 34%
% 73 % 73’4
_105
90%
26
79
92%
26
79%
133% 133%
_ 248
77
7
95%
212
79
12
7
98%
.100 105% 104% 105%
200 61%
600 131%
61% 61%
131% 131%
113% 113%
68
96% ■
44%
58
98%
45
15%
38
_ 46
131% 134
97% 98 %
24% 25
70 70%
35% 35%
188% 192
_ 12
137% 139
157%
11
54%
85%
54%
86%
117% 117%
77% 78
S. Steel _13900 86%
do pfd . 900 117%
Ttah Cop. 900 78
~ Chem.
Vabash p'd ''B'’.3600 28%
Vest. Union.
Vest’h. Elec. . . .6200 57%
Total sales for the day, 232,100
hares.
28
55%
40%
28%
93
57%
w
Bonds
T. S. 2s, registered . 98%
IT. S. 2s, coupon . 98%
f. S. 3s, registered . 100
IT. S. 3s, coupon . 166
It. S. 4s, registered . 109%
T. S. 4s, coupon . 179
•anama 3s, coupon . 100
'entral of Georgia Con. 5s.100%
llinols Central ref 4s . SO
.ouisville & Nashville un. 4s . .. 94%
eaboard Air Line adj. 5s. 67%
■outhern Beil Telephone 6s . 100%
outhern Railway 5s . 701%
outhern Railway gen. 4s . 71%
S. Steel 5s
105%
Mercantile Paper
New York, July 3.—Mercantile paper,
%??3% ,jef cent; sterling, 60-day bills,
1.72; dei.und, $4.75%;
cables, $4.761-6;
C. F. Avery
401 WOODWARD BLDG.
U1HJIINGU4U. ALA.
BROKER
Cotton, Stock*. G^raln. Cottonseed
fRIVATK WIRES— CONTINUOUS
* QUOTATIONS
_uil , 1 r> a n 1/ dvoho n art
QUUTA'l'IUSS
•del* executed on any exchange
biect to Alabama statutes and
•nlted States Cotton Futures Act.''
imulets information on over 6000
rporations. Stuck Information,
v dends. etc., revised dally.
Hubbard Bros. & Co.
Dttuu Merchants* Hanover Square, N,
. Membeia Mew York Colton
lango, New Orleans Cotton Exchange,
bw York Produce Exchange, Associate
embers Liverpool Cotton Association,
’ders solicited for the purchase and
1 le of Cotton and Cotton Seed oil for
lure delivery. Special attention and
jeral terms given for consignments of
HI ot cotton for deliver1'. Correspond
HAce invited. _j
r •
Irancs, demand, $5.91; cables. $5.9<%;
marks, demand, 73 l-16c; cables, 73V4c;
kronen, demand, 12.65c; cables, 12.70c;
guilders, demand. 41 l-16c; cables, 41 9* 16c;
lires, demand, 6.38c; cables. 6.37c; rubles,
demand, 3Ufc»c; cables, 30%c; bar sil
ver, 65c; Mexican dollars, 50c; govern
ment bonds, weak; railroad bonds, firm.
Time loans, steady; 60 days, 3Vfc per cent;
90 days and six months,3V6#3?i per cent;
call money, firm; high, per cent; low,
I per cent; ruling rate, 3 per cent; \ZJ+
loan, 3% per cent; closing bid, 3 per cent;
offered at 3% per cent.
English Money
London, July 3.—Bar silver 31 pence per
ounce; money 4 per cent; discount rates,
short bills, 5 per cent; three months, 5V4
per cent.
Live Stock
Chicago, July 3.—Hogs; Receipts, 32,000;
market, higher; bulk, $9.S5@10; iight, $9.55
@10.10; mixed, $9.55@10.15; heavy, $9.50@
10.20; rough, $9.50@9.60; pigs, $8@9.40.
Cattle; Receipts, 9000; market, strong;
native beef cattle, $7.50@11.25; Stockers
and feeders, $5.756i8.S0; cows and heifers,
$3.75(g9.85; calves, $8.50@11.75.
Sheep- Receipts, 20,000; market, unset
tled; wethers, $7(gS; ewes, $4@7.26; lambs,
$S@11.
Kt-nsas City, July 3.—Hogs: Receipts,
7600; market, higher; bulk. $9.75@10; heavy,
$10@10.05; packers and butchers, $9.90@10;
lights, $9.70@9.95; pigs. $9.25@9.40.
Cattle; Receipts, 8500; market, steady;
prime fed steers, $10.25@11; dressed beef
steers, $8.40@10; southern steers, $6.25(30.00;
cows, $5@8.25; heifers, $6.75@10; Stockers,
bulls. $5.76@7.25; calves, $6.50@11.
Sheep; Receipts, 3700; market, higher;
lambs, $S.50@10.60: yearlings, $7.50@8.50;
wethers, $6.25@7.25; ewes, $6@7.
St. Louis, July 3.—Hogs; Receipts, 9300;
-market, steady; pigs and lights, 58.25@10;
mixed and butchers, $9.8C@10.10; good
heavy, $10@10.10; bulk, $5.80@10.06.
Cattle: Receipts, 6300; market, steady;
native beef steers, $7.50@11.35; yearling
steers and heifers. $8.o0@10.65; cows, $6.50@
8.25; Stockers, $5.50@8.50; Texas and Okla
homa steers, $5.50(310; cow's and heifers.
$5.50@8; prime yearling steers and heifers,
5S.75@10.26; native calves, $S@11.75.
Sheep; Receipts, 4400: market, steady: |
sheared ewes, $4@S; wethers, $5@8; sheared
lamfls, $6@10;, spring lambs, $7@10.50.
Naval Stores
Savannah, Ga., July 3.—Turpentine,
firm; 38V*@38?ic; sales, 437; receipts, 353;
shipments, 10; stocks, 11,907. Rosin, firm;
sales, 798; receipts, 1085; shipments, 251;
stocks, 65,051. Quotations: A, R, $5.00; C,
D, $5.10; E, $5.10@$5.20: F, $5.35@$5.45; G, H,
$5.45; I, $5.45@$5.50; K, $6.47@$6.0; At, $.0;
N, $.50@$5.66; WG, $5.90; WW, $6.10.
Produce Market
New York, July 3.—Butter, steady;
receipts, 11,312; creamery extras, 93-seore,
29c; creamery, higher scoring, 2914@30c;
firsts. 271,i(S'2S14c- Eggs, firm: receipts,
11,815; fresh gathered, extra fine. 264J27C;
extra firsts, 25@25V4c; firsts 23yl@24!&c.
Cheese, steady; receipts, 3696; state fresh
specials, 15i/i@15-’ic; state average fancy,
15@1514c. Live poultry prices, not settled;
dressed, weaker; broilers, 28@33c; fowls,
18@22c; turkeys, 25@26c.
Chicago, July 3.—Butter, steady; cream
ery, 23%@27%e. Eggs, higher; receipts,
11.S90 eases; firsts, 22@2214c; ordinary
firsts, 20%@21c; at mark, cases included,
20@22c. Potatoes, unsettled; new receipts,
100 cars: Oklahoma and Arkansas sacked
Triumphs, 90c@$1.00; Illinois, Ohio, 90@95c;
Virginia barrelled. $3.25@$3.40: old, 90c@
$1.00; receipts, none. Poultry, alive higher;
fowls, 15’,4c.
Kansas City, July 3.—Butter, creamery,
29c; firsts. 27c; seconds, 25c; packing,
2114c. Eggs, firsts, 2114c. Poultry: hens,
15c; roosters, Kftjc; broilers, 26c.
St. Louis, July 3.—Poultry: Chickens,
1414c; springers, 21@24c; turkeys, 16@20c;
ducks, ll@14c; geese, 8c. Butter, creamery,
2714@28c. Eggs, 20c. »
Rice Market
New Orleans, July 3.—The rough rice
market was nominal today and clean rice
quiet, with no receipts or sales. Clean
Honduras was quoted at Japan,
394@4&c. Rice polish per ton $25@$26;
bran, $18@$22»
Markets Closed
New York, July 3.—The produce, metal
and coffee exchanges, and the cottonseed
oil and sugar markets here were closed
today.
Chicago Markets Closed
Chicago, July 3.—The board of trade
was closed today, as were the grain and
provision markets here.
LOCAL SECURITIES
STOCK*
Ha»«. Bid.
Ala. F. & T.*
Amer. C. Rys. pfd ... 3
Amer. C. Rys.
Amer. T. & Sav. Bank. 8
Avondalo Mills, pfd.... 8
Avondale Mills, com.. 8
Bessemer C. & 1.
B'ham T. & S. 10
B'ham Baseball Asso..
B'ham R., I* & P. com.
B’ham R.. B. & P- pfd 6
B'ham Realty Co.4
Cham, of Com. pfd ....
Corey Band .
Blast Rake Band .
Elmwood Cent. Co.4
Empire im.. pfd .
Empire lm., com. ......
Ei.sley Band .
Firet National Bank..12
Gieat Sou. Blfe .
Interstate Casualty
Jefferson Fertilizer
North B’ham Band ....
Realty T. Cc/„ com. «
Realty T. Co., pfd. t
Sou. States Fire .
Traders Nat. Bank.... (
BONDS
Ala. State ref., 1920- 4
Ala. State Renew, 1956. 4
Amer. C. Rys .5-6
Ala. Cons.5
Bessemer C. & 1... 6
R„ B. & P.6
58
49
S
140
100
110
3#
140
65
80
155
60
20
20
80
90
65
•0
225
9
. .8
140
10
100
100
1
130
Asked
63
51
10
150
105
115
40
270
170
60
81
165
60
40
10
>1
100
71
10
240
11
3
1 6 J
<0
110
110
I
160
99
101
07
75
102
99
B. R.’, B. & P.4* ’ 90
B’ham Ice Factory ...
B’ham R- & E. a
B'ham Waterworks ... 5
City of Birmingham .. t
City of Birmingham .. 5
Continnental Gin.5
Jefferson County . 5
Jefferson County . 6
Jefferson County
Milner Band Co. 6
tuluer Band Co.7
Masliville Railway .... 5
Pratt Consolidated ... 5
Sloss I. & S.«
Sloss 1. & S.4 V4
T. C. 1.. gen, mtg.6
r. C. I., Tenn. .. .Dlv.. 6
r. C. X., Ship Bldg_ 6
t. C. R. B’ham Bit. 6
r. C. I.. Cahaba Dlv... 6
100
102
85
105
103
100
104
104
4K 102
102
100
100
80
101
95
100
100
105
100
104
101
102
99
80
104
100
91
106
104
90
112
102
105
106
108
104
106
103
102
86
101
97
102
102
110
1*1
107
International League
At Baltimore: Baltimore 5-5, New- ,
ark 3-4.
At Toronto: Toronto 0, Rochester 1.
At.Richmond: Richmond 4, Provi
dence 3 (10 innings).
No others scheduled.
South Atlantic League
At Jacksonville: Jacksonville 1, Al
bany 3.
At Columbia: Columbia 8, Colum
bus 2.
At Augusta: Augusta 6, Macon 5 (10
innings).
At Charleston: Charleston 2, Mont
gomery 0(14 innings; darkness).
American Association
At St. Paul: St. Paul 0. Kansas City 1.
At Toledo: Toledo 8, Columbus 1.'
At Louisville: Louisville 1, Indian
apolis 4.
No others scheduled.
Onward and Upward
From the Washington Star.
“What has become of the man who
uscc to rock the boat?”
'He has progressed with the turns. !
Ho is not satisfied now unless he is |
mufsing up the equilibrium of an aero- I
plane "
Bellies and Pork Loins Ad
vance, While Other Prices
Are Firm
Only two changes were noted in Mor
ris avenue quotations. Dry salt bellies
advanced %c toward closing time yester
day afternoon, while loins advanced lc
on the pound.
While prices continued firm in all lines,
business was reported bripk on account
of wholesale dealers closing today for the
national holiday. Buying was consider
ably heavier than usual.
A car load of Virginia Croker arrived
in Birmingham yesterday morning, to
gether with several smaller shipments of
other variety of fish. The market w'as Lu
good condition yesterday- to begin the
week.
Today’s quotations follow:
Poultry and Egg*
(Commission Merchants’ ^?rlce)
Fryers—20@23c.
Hens—16c.
Guineas—35c.
Roosters—10c per lb.
Fresh Country Eggs, 22024c.
Turkeys—Live, 22c; dressed, 24c.
Geese—75c, or 13c pound.
Meats
(Packers’ Selling Price)
Extra Ribs—15l/£c.
Bellies—16V&C.
Pork Loins—18c.
Neck Bones—4c.
Breakfast Bacon—20025c.
Spaie Ribs—11c.
Regular Hams—20c.
Skinned Hams—22c
Pure Lard—14%c; compound, 12%c.
Creamery Products
(Wholesale Selling Price)
Creamery Butter—32ftc; A. &. M. cream
ery, 31c; process butter, 30V»c; oleomar
garine, I5@23c; country butter, 20c.
Full Cream Cheese—lTVfec.
FUh
(Wholesale Selling Price)
Perch—Stic.
Salt Water Trout—12tiO.
Red Snapper—10c In bbl, lots, 11c small
lots.
Gray Snapper—"c.
Mullet—6®
Spanish Mackerel—12ti@16c.
Shrimp—12t4c.
Sheephead—Stic.
Virginia Croker— 8c.
Pompano—30c.
Fruits and Produce
(Wholesa’e Quotations.)
Apples—Fancy Winesap, box, $2.5002.75;
Tennessee yellow, transparent, $1.2601.50.
Oranges—California. $404.50.
Lemons—Imported, box, $5.25; California,
$5.00.
Bananas—Bunch, $1.8002.0.0
Limes—$1 a hundred.
Cantaloupes—Georgia, crate, $202.50;
California, $3.
Peaches—Georgia, crate. $202.50.
Tomatoes—Basket, $1.2501.50.
Beans—Basket, $101.26.
Egg Plant—$202.50.
Cabbage—Three cents a pound.
Onions—La Creole, 4 cents a pound.
Flour and Feedstuff
Colorado patent, $6.00; self-rising flour.
$6.35; Tennessee flour, $6.15; Michigan
flour, $7.35; Idaho flour, $6.30; hard winter
wheat flour, $6.10; spring wheat flour,
$6.35@6.65; Illinois flour, $6.10; Minne
sota wheat flour, $6.10. Pure wheat
shorts, $32@33; pure wheat bran, $29; cot
ton seed meal, 7$6 per cent, $33; Cremo
cotton seed meal, $26; cotton seed hulls,
$21; lintless hulls. $14. No. 1 timothy hay,
$27; new pea green alfalfa, $22; southern
alfa'fa, $20; mixed alfalfa and Johnson
grass, $19. Caffin corn and milomaize, $1.75.
$1.75. Light c'over mixed hay, $24; No. 1
No. 1 Johnson grass, $14; wheat straw, $13;
wheat, per 100 lbs., $2.50. Mixed feeds,
$33@36. No. 2 white oats, per bushel, 58c.
Corn, per bushel, $1.03. Cornmeal, per 2
bushel sack, $1.S0; corn chops, 100-Ib.
sack, $1.90; corn feed meal, $34. Poultry
food, $1.90 per sack; dairy food, $32.
Sugar and Cereals
Granulated sugar, $8 cwt., f. o. b. Bir
mingham. Market firm at $7.65 New Or
Choice Rice—$6.50 per cwt. -
Fancy Rice—$6 per cwt.
Extra Fancy—$6.50 per cwt.
Grits—$2.25 96-lb. bag.
Hides and Tallow
(Dealers' Buying Offer.)
Green Salt Hides—18@10c.
Green Salt Hides—Half cured, 17$>ltc.
Green Hides—Fresh, 16017c.
Dry Flint Hides—31@32c.
Dry Salt Hides—29@30c.
Damaged Hides—Half price.
Sheep Skins—25c@l. 25.
Horse Hidfcs-$1@4.50.
Slier lings—15@25c.
Goat Skins—25@55o.
Kid Skins—10c.
Tallow—5 Vs@8^c.
Beeswax—‘27028c.
Washed Wool—40®42c.
Clear Unwashed Wool~3O032c.
Burry Wool—20@22c.
Ginseng, Wild—$506.50l
Spot Cotton
Good middling . \2%
Strict middling . 12*g
Middling . 1176
Low middling . ll^s
Pig Iron
IF .315.50
2F .15.00
3F .:.14.50
Gray Forge .13.50
IS .15.50
2S .15.00
Frenchman in Caricature
Marcel Boulenger, in Cartoons Magazine.
Why is it, I wonder, that the French
man always has been—and still is—por
trayed in British comic journals in the
traditional guise of a gay boulevardler.
wearing a Van Dyke beard, and dressed
in a ridiculous velvet jacket such as
the Montmartre artists affect?
Do you remember the legendary
Marius of Marseille, whose droll sil
houette was one of the masterpieces of
poor Caran d'Ache's delightful art?
Such, or nearly such, is the portrait
accorded us—in the most friendly way,
of course—on the other side of the
channel. In the native imagery of the
British people it is thus we appear.
And no matter where this strange, gay
epinosage shows up, Tommy Atkins af
fectionately gives vent to cheers, for
he has recognized his comrade.
But why under the sun should the
sympathetic Tommy picture us like
that? He should know better now'. He
surely knows that the average French
man no more resembles Marius than
does the typical Englishman resemble
Lord Dundreary. But no matter. Con
vention so ordains.
COTTON
BROKERS
Members New 4U>rk Cotton Ex
change and New York Produce
Exchange- Orders solicited for
purchase or sale of cotton and
cotton-seed oil for future de
livery. Correspondence invited.
Market letters and telegraphic
advices sent upon request with
out charge.
CHAS. FAIRCHILD & CO.
27 William St.. New York
Established 1896
■——1 " 1
COTTON PRICES ARE
STEADY AFTER FALL
Initial Tone Somewhat Un
settled, But Market
Steadies
New York, July 3.—The cotton market
was comparatively quiet today and while
fluctuations wfere irregular, prices showed
a tendency to steady after the sensational
break of Saturday. October contracts,
for instance, sold up to 12.9Sc, or 7 points
above Saturday's firal figure, and closed
at 12.95c, with the general list closing
steady at a net advance of 3 to 4 points.
Liverpool just about met the decline
which followed the publication of the
government’s crop report in the mar
ket here at the end of last week, and
there were a good many selling orders
around the ring at the opening. The
Initial tons was more or less unless un
settled in consequence, with first prices
3 points lower to 5 points higher, nut
the market quickly steadied on active
buying by brokers with Wall street con
nections.
The gossip was that this demand re
flected the replacing of a large long line
on w'hich profits had been taken some
days ago, and the buying which was esti
mated in the neighborhood of 30,000 bales
proved sufficient to take care of the
early selling.
After working about 6 to 8 points net
higher on this support and scattered
covering, the market reacted under con
tinued liquidation or local selling, which
may have been inspired by reports of
rains in drouthy sections of southwest
Texas. October eased off from 12.98c to
12.89c, wrhile December sold off from 13c
to 13.07c, or a couple of points under
Saturday’s final figures, but the pres
sure soon subsided and prices steadied up
later in the afternoon on bullish southern
spot advices, New Orleans buying, and
renewed covering. Closing quotations
were w'ithin 3 or 4 points of the best.
New York Futures
High. Low. Close.
July . 1 2.83 12.73 12.79
October . 12.98 12.84 12.95
December . 13.17 13.04 13.13
January . 13.22 13.14 13.19
March . 13.38 13.31 13.36
New Orleans Futures
High. Low. Close.
July . 12.73 12.63 12.72
October . 12.84 12.69 12.76
December . 13.97 12.84 12.91
January . 13.06 12.92 13.00
March ...13.21 13.14 13.19
New Orleans Spot Cotton
New Orleans, July 3.—Spot cotton,
quiet, 6 points down; sales on the spot,
115; to arrive, none; good ordinary,
11.50c: strict good ordinary, 12c; low
middling, 12.70c; strict low middling,
12.75c; middling, 13c; strict middling,
13.25c; good middling. 13.50c, strict
good middling, 13.75c; receipts, 504.
Port Cotton Markeet
New Orleans: Middling, 13c; receipts,
604; exports, 5235; sales, 115; stock,
212,087.
Galveston: Middling. 13.65c; receipts,
3458; exports, 14,702; sales, 300; stock,
101,677.
Mobile: Middling, 13c; receipts, 302;
stock, 16,748.
Savannah: Middling. 13c; receipts,
1802; sales, 106; stock, 96.196.
Charleston: Middling, 12%c; receipts,
783; stock, 31,875.
Wilmington: Middling, 12%c; stock,
52,005.
Norfolk: Middling, 12.88c; receipts,
959; sales, 4; stock, 47.887.
Baltimore: Stock, 4388.
Boston: Middling, 12.90c; receipts,
480; exports, 4094; stock, 10,000.
Philadelphia: Stock, 783.
New York: Middling, 12.95c; exports,
5470; sales, 250: stock, 158.332.
Minor ports: Stock, 20,026.
Total today: Receipts, 8461; exports,
29.501; stock, 752.004.
Total for week: Receipts, 17,928; ex
ports, 57,899.
Total for season: Receipts. 7,409,295;
exports, 6,559,732.
Interior Movement
Houston: Middling, 13.60c: receipts,
2924; shipments, 3934; sales, 270; stock,
38.739.
Memphis: Middling, 13.12c; receipts,
619; shipments. 2888; stock, 78,758,
Augusta: Middling, 12.75c: receipts,
135: shipments, 625; sales, 71; stock,
78,328. ,
St. Louis: Receipts, 80; shipments, 80;
stock, 11.870.
Cincinnati: Stock. 10.887.
Little Rock: Middling. 13c; receipts.
36: shipments, 937; sales, 937; stock,
9604.
Total today: Receipts. 3694; ship
ments, 8464; stock, 221,186.
Liverpool Cotton
Liverpool, .Tulv 3.—Cotton, spot,
weak: good middling, 8.19d; middling,
8.03d: low middling. 7.87d: sales, 6000;
for speculation and export, 500; re
ceipts, 14,000; futures quiet and steady;
July, 7.83d: July and August, 7.82Hd;
August and September, 7.79Hd; Sep
tember and October, 7.75t^d; October
and November. 7.71 d; November and
December, 7.671tid; December and Jan
uary, 7.65>/4d; January and February,
7.64d: February and March, 7.6386d;
March and April, 7.63t4d; April and
May, 7.62d: May and June. 7.61d; June
and July, 7.59d.
Dry Goods Market
New York, July 3.—Dry goods pri
mary markets were quiet today owing'
to the very general closing of houses
for the holiday.
Avery’s Letter
The cotton market today moved with
in a comparatively narrow range, be
ing influenced a trifle upward from
the opening prices by large exports,
which in turn caused strength in the
current months contracts. This served
to restrain bearish enthusiasm. How
ever, the large exp'oits probably are
made up of sales made sometime ago,
and as representing past committments
do not represent the attitude of pres
ent purchasers. *
The weather at the present time is
of first importance. Whether it is good
or bad for the growing crop for the
remainder of this month and particu
larly during August, will depend the
attitude of purchasers of cash cotton.
If the weather continues favorable and
the conditions prevailing during June
are maintained during this period it
is quite possible the crop indicated
by the government July 1 report will
be realized, which plus linters would
be a possible crop of 15,000,000 bales, it
is hardly likely that prices of 1294c.
as are at present prevailing for Octo-*
ber cotton, would be obtainable when
that month becomes current, should the
crop harvested prove as large as in
dicated above.
The other side of the question is this:
The poor fertilization of the crop in
the eastern belt, with an unfavorable
August, might diminish the probable
yield a million and a half bales. In
which case the demand for new cotton
would very likely be large enough to
maintain prices but slightly under pres
ent levels.
But all of the latter is problematical.
We can only base our judgment on
known facts, with a reasonable allow
ance for unforeseen circumstances and
the known facts are as enumerated
above all of which makes me believe
cotton should decline from present lev
els until there is a chancre in the fun
damentals. C. F. AVERY.
Hubbard Bros. & Co.’s Letter
New York, July 3.— (Special.) — Un
expected buying during the early ses
sion advanced prices some 10 points
from the opening and the Improvement
was fairly held. This was presumed to
be covering of short cotton and th*‘
holiday made the trade indifferent to
new transactions. Apart from this, th
market was without feature, though
the war outlook abroad had a stimulat
ing effect. Apart from that caused by
the local and individual demand, gen
eral business was limited.
Mine That Hears
Edward F. Chandler, an inventor who
has made a close study of submarine
problems, has worked out a system of
applying microphones to mines so that
it would be possible to blow’ up a sub
marine trying to worm its way into
a mine-protected harbor, or a battle
ship seeking to enter an harbor at night
or in a dense fog. He explains his plan
in the July Popular Science Monthly.
“In my system,” writes Mr. Chandler,
“the mines are arranged in groups ot
four, each group constituting a field
unit. On each mine a microphone is
mounted. These microphones literally
hear the hum of a submarine's motor.
Not only that but the particular micro
phone which hears the submarine best,
because It Is the nearest to. it. can easily
be located.
“It is simple enough to determine
W’hether a submarine is nearer mine 1
or mine 2 of a given field unit of four
mines. The field units are intercon
nected electrically, so that the entire
harbor is sown wih high explosive.
"A mine field equipped with micro
phones in the manner indicated is elec
trically connected with a luminous an
nounciator. In other words, wires run
from each microphone to a board which
is divided into squares corresponding
in number with those of the mine field
units. Behind each square a lamp is
mounted. As a hostile ship passes,
through a. mine field the nearest micro
phones pick up the vibrations of her ]
propellers and the corresponding lamps
on the board glow.
“Imagine New* York harbor mined ;
and microphoned in the manner that ;
I have described; imagine the mines
connected with a luminous announciatoH
at Fort Wadsworth; imagine a sub
marine crawling very, very cautiously
through the field, thrusting aside with
careful antenna, the anchor chains of
the buoyant mines in its path. An Ameri
can officer glues his eyes on the lumi
nous board. One by one the squares
glow before him—19, 36, 53, 66. Unwit
tingly the submarine's commander plots
his course in a trail of light. He cannot
be seen with human eyes; and yet he
is as visible, electrically at least, as a
goldfish in a glass bowl. “Square 78,”
says the American officer to himself, as
a new light flashes up. The time has
come for decisive action. He pulls a
handle and switches the precious indi
cator into electrical connection with
Square 43. The sumarine is nearest
mine “A” of that unit, for the micro
phone on mine “A” is intensely active.
He presses a button. Miles away a col
umn of water is tossed into the air. An
unseen enemy has been destroyed with
awful suddenness; 20 brave sailors have
been killed with merciful swiftness by a
man who never saw their faces.”
“Blue Monday” in Vaudeville
“Monday morning,” says Jack Lait in
the July American Magazine, “is a pe
riod of petulance, lament, blasphemy
i and frenzied preparation about a vaude
ville house, which need not be here de
tailed, as DeQuincey, the well known
hophead, told all there is to say about
panic and overnight jumps in ‘The
1 Flight of a Tartar Tribe.’ The orchestra
leader is puffing to get harmony be
tween the tall soprano and the baritone
comic, but they are married; the head
liner is explaining to the carpenter where
he is all wrong, all wrong; trunks are
banging in, and the juggler is telling the
oboe blower how, when he played in
Austria—well, it was all different; the
trained mongooses are taking exercises
and the untrained contralto is taking oofrl
because the alley door must stay open
to let in the English ventriloquist’s lug
gage and the American dancer's bag
gage.”
ELKS’
REUNION
BALTIMORE, MD. %
$25.35 Round Trip From Birming
ham. Final Return Limit July 31
SEABOARD
SPECIAL TRAIN
Leaves 8 A. M. SUNDAY, July 9, Arriving
Baltimore^MONDAY Morning
Make Pullman Reservations Now
W. R GRESHAM
District Passenger Agent
Woodward Bldg.
Phene Main
2382
LOW
<f3n^
■/
i
SLJMMER FARES l
ROUND TRIP* TICKETS over thet Louisville & Nashville Railroad
sold daily attgreatly reduced fares to alllhe principal lafce.mfm^ain
<tnd seashore resorts iand to many f of the t larger cities in, the dS'orth.
These tickets are good'returning unt»l October 31 st. Libel ahstop-over
privileges. ROUNDfTRlP FAREStFROM BIRMINGHAM^
Cincinnati - - $19.75
Charlevoix - -. - 37.85
Chautauqua LakdPts. 34.55
Chicago - 26.90
Denver - - 39.00
Detroit - 30.25
French Lick Springs - 18.60
Indianapolis - - 20.60
Louisville - - - 15.80
Mackinac Island - 40.75
Mammoth Cave -foi- $,?3.75
Milwaukee - - J - ,30.95
Minneapolis - *f- <41.35
Niagara Falla-* <V -'38.10
Petoekey - : - S - 37.85
Put In Bay - ^ - -/28.25
SaltlLeke City - " - * 54.00
St. Louis - -. — 20.35
Toronto - - /' 38.45
Yellowstone Park ' - 62.20
These are bat a few of the pftintt. There are a great manytothars and we Vill te pleated to give fall
information upon application. Proportionately low faxes totother point*.
Let Us* Arrange Youf^Vacation Trip
J. H. SETTLE, district Passenger i Agent
L. A;N. STATION
Plonu Mti. 977 or 5SI3 BIRMINGHAM
For All the News First Read The Age-Herald/
You
Mr. City Man
You
Are the one we are after. You, who has the farmer meet
you at the station and haul dogs and guns or fishing
tackle back to the farmhouse, where you spend several
happy days shooting over well-trained dogs or “snak
ing” fish out of the branch.
You
Who have eaten the good wife’s two-story biscuits, fried
chickens, home-cured ham and other such good things
that make the mouth water just to think of them. And
that good old buttermilk.
You
We claim, owe it to your farmer friend to send him The
Weekly Age-Herald for a year. Surely this useful gift
will be appreciated every week when the postman deliv
ers it at his box. It only costs 50c a year. But it’s worth
$50 for the good it will do. Send your order at once.
THE AGE-HERALD CIRCULATION DEPARTMENT