The Birmingham age-herald. [volume], January 03, 1919, Page NINE, Image 9

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

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

                
ITS WALL STREET
New Year’s Buying Side
tracked and Traders Ex
f tended Their Short
Commitments
i
New York, January 2.—The crisis in
the local traction situation as indicated
by the projection of the Brooklyn Rapid
Transit company into federal receiver
ship, served in a measure to impair con
fidence on the stock exchange today.
Instead of the New Year buying, which
vai expected as a logical sequel to the
recent heavy selling for adjustment of
1918 income tax accounts, traders ex
tended their short commitments, but cov
ered urgently in the later dealings, when
Ti spectacular rise in oils imparted ac
tivity f to the general list and effaced
many losses.
The advance in oils was featured by
Mexican petroleum which made a net
gain slightly in excess of 10 points after
showing an early loss of almost 4, while
Texas company reversed its setback of
the morning with a gain of 3 points,
pan-American common and preferred and
Royal Dutch also displaying marked
strength.
Rails, coppers and numerous special
ties were lifted by the sudden change of
the last hour, Texas Pacific denoting
confident accumulation at an advance
of 3 points; American Smelting made
more than full recovery and many other
leaders closed at moderate net gains,
f including United States steel.
Brooklyn Transit fell 6% at its worst
to 20%, within 2% points of the lowest
record in the road’s history of 22 years:
the 1 per cent notes, which precipitated
the bankruptcy, broke 5Vi points and oth
er local utilities 1 to 3 points, rallying
slightly later.
Motors, shippings, equipments and dis
tilling issues responded variably to the
general improvement, the market finish
ing with a strong undertone.
Bonds as a whole were unsettled by
the break in tractions, but Liberty issues
were steady and internationals, ndte*ly
Anglo-French 6s stiffened. Total sales
(par valufc) aggregated $10,250,000. Old
United States bonds were unchanged on
call.
Final prices on Liberty Bonds today
were 3%s, 99.74; first convertible 4s, 93.08;
second 4s, 92.90; first convertible 4Vis,
95.60; second convertible 4%s, 94.98; third
♦Vis, 96.32; fourth 4^is, 96.40.
mer. Beet S... 500 65
Stock List
Open. High. Low. Close.
Amer. Can. 30100 49
63% 63%
Amer. Car & F. 6000 93%
Amer. Loco.
Amer. Linseed.
Amer. S. & R.. .
Amer. Sugar..
Amer. T. & T.. .
Amer. Tobacco.
Anaconda Cop.
300 61
800 47%
46%
92
61
47
48%
92%
61
47
77
67%
38% 38%
25
33%
25%
34
36% 36%
32% 31%
4 5%
31%
60
96
46 %
26 Vi
9500 77% 75%
.Ill
1600 100% 100% 100%
100 195% 195% 195%
^Jlowuv,w 7300 61 59% 61
Atchison. 500 93% 92% 92%
Atlantic Coast L.. 99%
Ati. Gulf *
W. Indies.... 1100 107% 107 107%
Baldwin Loco... 3400 75% 74 75%
Balto. & Ohio.. 2300 50 49% 49%
Beth. Steel ”B” 2300 61% 61 61%
Canadian Pacific 2800 161% 158% 160%
Central Leather 3100 57% 56% 57%
Cliesa. Sc Ohio.. 500 57% 56%
Chi. M. & St. P. 2500 39% """
'Chi.. R. I. & Pac. 8600 25%
Chino Copper.. 1400 34%
Gol. Fuel & I... 400 37
Corn Prod..... 4700 48% 47% 48%
Crucible Steel.. 1200 58 5S 58
Cuba Cane Sugar 800 29% 29% 29%
Krie . 1300 17% 16% 16%
General Electric 600 151% 151 151%
General Motors 7200 134% 131% 132%
Gt. Nor. pfd. ... 2700 95% 84% 95%
C,t. Nor. O. C... 2900
Gulf States Steel.
Illinois Central .•
Inspir. Copper.. 3600 46 %
Inter. Mer. M. 140000 26% 26%
do pfd . 8400 113% 111% 111%
Inter. Paper.... 1300 31% 30% 30%
Kennecott Cop. 8100 33% 32% 33%
Louis. & Nash.118
Maxwell Motors 300 28% 28% 28%
Mex. Petroleum-37300 189% 175% 189%
THamt Copper. 23% 23% 23%
Midvale Steel .. 2900 44 43% 43%
Mo. Pacific - 1300 25% 24% 25%
N. T. Central .. 1700 75% 74% 75
Norfolk St West. 1100 108% 107% 108%
Northern Pao... 2500 94% 83% 84%
Ohio Cities Gas 2900 44 %
Pennsylvania 2900 46%
“Pittsburg Coal.
Ray Con. Cop.. . 1000 21% 20%
Reading . 4700 82% 81%
Rep. Iron & S... 700 75% 74%
Seaboard Air L..
ao pfd . 400 17%
Sinclair Oil Sc R. 6400 34%
Sloss-Sheffleld
Steel & Iron ... 200 50 ...
Southern Pacific 1600 102% 100% 102%
Southern Ry... 4400 28% 29 29%
do pfd.. 88
Stude. Corp... 8100 52% 50% 51%
Tennessee Cop.
Texas Co. 9100 188% 184 18S
Tobacco Prod.. 2400 74 % 73% 73 Vr
Union Pacific.. 2800 128% 128 128%
United CigarS.. 1900 108 107% 107%
United Fruit ... 300 167% 167% 167%
U. S. Ind. A... 1900 104 102% 103
U. S. Rubber... 5900 80% 78% 79%
u S Steel .... 44800 95% 94% 95%
do pfd. 200 113% 113% 113%
43%
45 %
43%
45%
46
21%
82%
75%
8
17% 17%
33% 34%
49% 49%
Utah Copper... 3200 74% 73%
53
12% 32
Va.-Caro. Chem.. 400
Wabash pfd "A” 1700
Western Union
West’h. Elec... 1500 41 % 41
Willys-Overland 2800 26%
Total sales for the day, 567,300
■hares.
73%
53 ■
43%
86%
41%
5% 26
Bond*
Central of Georgia con. 5s
Illinois Central ref. 4s .
Louisville & Nashville uiW*l3 ..
St. Louis * San Fran. adj. 6s ..
Seaboard Ail Line adj. 5s.
Southern Pell Telephone 5s ...
Southern Railway 5s ...*■•. _96'6
Southern Railway gen. 4s. 6S'4
U. S. Steel 5s . *»%»
«
94
S3 %
88%
67%
52
93 U
Money Market
New York, January 2.—Mercantile pa
per, 5t4@5%; sterling, 60-day bills, 4.7314;
commercial 60-day bills on banks, 4.*2%;
commercial 60-day bills, 4.72%; demand,
4 75.85; cables, 4.76.55. Time loans, steady
60 days, 514@5%; 90 days and six months,
6%@5®i. Call money, firm; bank accept
ances, 4^4.
Francs, demand, 54514, cables 544%:
guilders, demand 1314, cables 14 nominal
Mexican dollars. 7714; government bonds
■toady, railroad bonds, heavy.
Live Stock
St. Louis. January 2.—Hogs receipts
8400 higher; lights, 16.50® 17.60; pigs
12 01'S 16.25. Mixed and butchers
llSO® 17.80.
Cattle receipts. 4000 strong; nativ*
beef steers, 11.50@18.50; yearling
steers and heifers, 9.50@16.00; cows
7.50012.50; stockers and feeders, 8.5f
@12 00; fair to prime southern bee;
steers, 10.00@18.00; beef cows and
heifers, 7.50@15.00; native calves, 7.7!
'@11.50.
Sheep receipts, 1100; higher. Lambs
•15.00@19.25; ewes. 8.50@10.00; canner:
■and choppers. 5.00 @9.00.
Chicago, January 2.—Hogs receipts
3S00: market opened shade higher
closed fully 10c lower. Bulk of sale;
17E0@17.85: butchers, 17.65@li.50
lights, 16.90® 17.75: packing, 16.90S
17.95: throwouts, 15.75® 16.90; pig*
good to choice. 14.50® 15.50. •
Cattle receipts, 19,000; beef am
butchers’ cattle, strong. 15@25c higher
calvaa. Wc higher; feeders. Arm. Bee
cattlsu choice, 16.25@19.7B; mediun
9.7901911: hutoherc’ stock: cows am
COLD WAVE CAUSES
HEAVY CORN SELLING
Staple Closed Unsettled,
While Oats Were About on
a Balance—Provisions
Up and Down
Chicago, January 2.—Aggressive sell
ing of corn resulted today from the
prevailing cold wave which seenfed
likely to stimulate the movement of
the crop. Prices closed unsettled %
to IV* net lower, with January 1.41 %
and May 1.35% to 1.35%. Oats finished
off to 1 % advance and provisions
varying from 50c decline to 12c ad
vance.
With temperatures below the zeio
mark in many sections favorable, set
tlement as to corn was bearish. Trad
ers were nearly unanimous in looking
for enlarged receipts as a consequence
of the improved conditions for shelling
and hauling. Most of the selling pres
sure, however, was on the nearby de
liveries. The fact that all quantity
restrictions on dealings had been can
celled gave the market more breadth
at times than has been the rule of
late.
Improved shipping demand from the
east and south lifted January oats.
Denial of the Attorney General's an
nouncement as to price fixing would
affect the government minimum for
hogs led to considerable buying of
provisions.
Future
Corn—
Jan. . . .
May. . . .
Oats—
Jan.
May
Pork—
Jan.
May . . . .
Lard—
Jan.
May
Ribs—
May
Chicago Futures
quotations were as follows.
Open. High. Low. Close
1.41 1.42 1.40% 141V*
1.35% 1.35% 1.34% 1.35%
68
69%
69
70%
68
68%
48.00 48.00 47.25
. 43.40 43.15
23.70
24.20
23.85
24.42
. 25.50 25.87
24.02 24.25
23.60
24.00
25.50
23.85
68%
68%
47.25
43.25
23.62
24.00%
25.87
23.87
Cash Grain
Chicago, January 2.—Com, No. 2, yel
low, nominal; No. 3, yellow, |1.62@l.o6;
No. 4, yellow, $1.46@1.48.
Oats, No. 3, white, 69@70c; standard,
69%@70%c.
Rye, No. 2, $1.62@1.62%; barley. 90e@fl.03.
Timothy, $8@11. Clover nominal.
Pork nominal; lard, $23.62; ribs nomi
nal.
St. Louis, January 2.Corn, No. 3, $1.47;
No. 4, white. $1.45.
Oats, No. 3, white, 72%@73c.
Rice Market
New Orleans, January 2.—Rough rice
sales: 50 sacks CaroHna, $7.25@7.50; 150
Blue Rose, $4.75@7.75; receipts, 2642; mill
ers, 2542.
Clean rice sales: 275 pockets Honduras,
8%@9c; 8524 Blue Rose, 5@7%c. Receipts,
268S.
Produce Market
New York, January 2.—Butter, firm: re
ceipts, 7315 tubs; creamery, higher than
extras, 69%@70c; extras, 92 score, 69c;
firsts, G4@68c; packing stock, No. 2, cur
rent make, 41%c.
Eggs, firm; receipts, 10,259 cases; fresh j
gathered extras, 68c; fresh gathered, reg
ular packed extra firsts, 66@67c; do. firsts,
64@65c.
Cheese, firm: receipts, 1225 boxes; state
whole milk flats fresh specials, 37@37%c;
do. average run, 35%@36%c.
Live poultry, steady; chickens, 32c;
fowls, 33@36c; old roosters. 23c; turkeys,
not quoted. Dressed steady; broilers,
34@40c; chickens, 30®34%c; fowls, 24@34%c;
old roosters, 23@24c; turkeys, 36® 45c.
Chicago, January 2.—Butter higher;
creamery, 58@66%c.
Eggs, higher; receipts, 1578 cases; firsts,
63%c; ordinary firsts. 59®60c; at mark,
cases included, 60@62c.
Potatoes steady; receipts, 20 cars; bulk,
$1.75(^1.85; do. sacks, $1.80@1.90.
Poultry, alive, unsettled; fowls, 22@28c;
springs, 27c.; turkeys, 32c.
St. Louis, January 2.—Poultry, un
changed, except ducks, 29c; geese, 22c.
Butter and eggs unchanged.
Kansas City, January 2.—Butter and
poultry unchanged. Eggs. 1 cent higher;
firsts, 62c; seconds, 50c.
Corn, unchanged; No. 2 mixed, $1.54®
1.55; No. 2 white, $1.54@1.56; No. 2 yellow,
$1.56@1.56.
Oats, unchanged; No. 2 white, 72c; No.
2 mixed, 70%@71c.
heifers, 8.40@14.50; canners and cut
ters, 7.50(^8.40; stockers and feeders,
choice, 10.50® 13.75: medium. 7.70®
10.50; veal calves, choice. li».75@ 16.50.
Sheep receipts. 20,000; market steady
to 25 higher: close less active than
early. The day prices unchanged ex
cept lambs, A^ioice, 16.40® 16.65.
Kansas City. January 2.—Hogs re
ceipts 11,000. higher: bulk. 17.15® 17.55;
heavy, 17.00® 17.65: packers and
butchers, 17.20® 17.70: lights, 17,00®
17.55: pigs, 9.00@13.50.
Cattle receipts, 3500. strong: prime
fed steers. 18.00® 20.00; dressed beef
steers. 13.00® 18.00; southern steers,
7.00® 13.00; cows, 7.00® 14.00: heifers,
8.00® 14.50; stockers and feeders, 7.50®
16.00; bulls, 7.00® 9.50; calves, 7.00®
14.00.
Sheep receipts. 100 strong, lambs,.
12.50® 16.35: yearlings, 11.00® 12.26;
wethers. 9.50@11.25: ewes. 8.50@11.00.
Coffee Market
New York. January 2.—The market
for coffee futures showed a somewhat
steadier tone today. It seemed that
the scattering long interest which had
entered the market last week had been
fairly'well liquidated before the holi
days and after opening unchanged the
market rallied on covering. May sold
up from 15.75 to 16.05 and September
from 15.55 to 16.80. making net advance
of from 25 to 30 points, but this
brought in a little realizing or trade
selling and last prices showed slight
reactions with the close 10 to 15 points
net higher. Dosing bids, July. 15.80:
September. 15.70: October, 15.60, and
December. 15.40.
Spot was nominally unchanged at
17^i for Rio 7’s and 22iff22H for Santos
4’s. Cost and freleht offers were a
shade easier including Santos 4's at
20 50 to 20.60 American credits.
The official cables reported a decline
of 23 reis in the Rio market Santos
spats were unchanged and futures un
changed to 25 reis lt^wer. Receipts at
the two Brazilian ports. 42,000; Jun
diahy reeeipts. !3.000. Santos reported
a clearance of 33.000 bags for the
United States.
Sugar Market
New York. January 2.—Thera was r.o
change in raw- sugar prices with cen
trifugals quoted at 7.28 to refiner.
I<atest cable advices from Cuba sal.l
that there were now 91 centrals in op
eration and that the weather was fine
and cold, which is considered very fa
vorable for the growing crop. The
committee reported arrangements for
the shipping of 221,800 bags of Cubes
and 7500 Porto Ricos,
i Business in refined is beginning to
pick up and refiners are expecting a
more liberal supply of raw sugar to
take care of the increased demand.
Prices are unchanged at 9c for tine
I granulated.
> During the duration of the war. Great
i Britain employed over 600,000 women or
i engineering and chemical work.
FLEECY STAPLE NOT
ABLE TO HOLD RISE
General List Closed Steady
at a Net Decline of 18
to 65 Points Under
Wednesday
New January 2.—An early advance in
the cotton market was followed by sharp
(reactions today with March selling off
from 2$.40c to 27.60c and closing at 27.96c
compared with 28.25c at the close of Tues
day. The general list closed steady at
a net decline of 18 to 65 points with the
late months relatively easy.
The market opened firm at an advance
of 10 to 42 points on buying orders which
had been attracted by the large exports
of Tuesday and expectations that the turn
of the year would bring in an increased
demand from the trade. At 30c for Jan
uary and 27.50c for May there was a
good deal of realizing, however, and the
market soon turned easier.
For time offerings were well absorbed
by covering and some scattered trade
buying, but the latter did not develop to
expected proportions, and after a moder
ate rally on the large exports around
midday, the market weakened again dur
ing the early afternoon. A few stop orders
were uncovered on the decline which ex
tended to 29.06c for January and 26.67c for
May or 53 to 65 points net lower and
later fluctuations were irregular.
The heavy rain^ reported in the south
were accompanied by reports that ’in
picked cotton was being ruined and that
the movement was being slowed up. but
in some quarters the weather was viewed
as a bearish factor from the coming crop
standpoint.
No change was reported in the news
from the goods trade and local spot
brokers said that while cotton was of
fering in the Interior, holders were de
manding a very high basis. A few Jan
uary notices were reported in circulation
early, but evidently were stopped as that
delivery was relatively firm during the
day.
New York Futures
High. Low. Close
January . 30.00 29.05 29.40
March . 28.45 27.60 27.95
May . 27.60 26.57 26.94
July . 26.58 25.70 26.04
October . 24.08 23.25 23.25
New Orleans Cotton
New Orleans, January 2.—Liquidation
was the dominating influence in cotton
today and the market, after a brief
rise in the early trading, fell off to a
net decline of 41 to 62 points under It.
Combined with the offerings from the
long side was an Increased measure of
short selling, based on the hear theory
that the reaction was not yet over with.
The tone on the close was steady and last
prices were at net losses of 12 to 42 points.
Around the first call a moderately good
demand sprang up, baaed on the unfavor
able weather over the belt and the large
export movement over the holiday, clear
ances of two days from this port alone
amounting to about 55,000 bales. The
early rise at its widest amounted to 12
to 37 points.
Exports for today from all ports of
58.071 bales, no local clearances included,
caused much comment since they brought
the total for the week thus far up to
157,550 bales, making it one of the largest
weeks of the season, on the score of
shipments. Bullish traders made much of
the fact that the British official rate
on cotton to Liverpool had been reduced
to $4.80 per 100 pound for February sail
ing as against the recent rate of $6.25.
New Orleans Futures
, High Low.
January . 29.43
March . 28.09
May . 27.25
July . 26.32
October . 23.45 23.10
28.85
27.34
26.40
25.58
Spot Cotton
'28.94
27.63
26.63
£5.7 8
22.90
New Orleans, January 2.—’Spot cotton,
steady: 25 points off. Sales on the spot,
860; to arrive, 850. Low middling 27c; mid
dling, 30.75c. good middling, 31.75c. Re
ceipts, 3936: stock, 430.004.
New YorkJKTanuary 2.—Spot cotton quiet
middling. 32.40c.
Off Day at Liverpool
Liverpool, January 2.—Holiday on the
cotton exchange today.
Port Cotton
ew Orleans: Middling, 30.75c; receipts,
i: sales, 1710: stock, 430,004.
alveston: Middling, 31.75c ; receipts,
l; exports, 24,179; sales, 1008; stock,
obile: Middling, 29.50c; receipts, 325;
?k, .‘13.852.
Etvannah: Middling. 31c; receipts, 4036;
ck, 269,791.
harleston: Middling, 30c: receipts,
; stock, 57,420.
Wilmington: Receipts, 352; stock, o<»,189.
exas City: Stock, 7072.
orfolk: Middling. 29.30c; receipts, 2295;
as. 6: stock, 103.082.
altimore: Stock, 12,054.
oston: Middling. 32.60c; stock, 13,600.
hiladelphia: 32.66c; stock. 6117.
ew York: Middling, 32.40c; exports,
92; stock, 119.412. f
[inor ports; Stock, 13,961.
otal today: Receipts, 19,584; exports,
71; stock, 1,386,957.
otal for week; Receipts, 110,869; ex
ts, 157,550. „
otal for season; Receipts, 2,907,296; ex*
ts, 1,974,538.
Interior Movement
Houston: Middling, 31.40c: receipts.
8377: shipments, 7094; sales, 982: stock,
305,744.
Memphis: Middling. 3Q.50c; receipts,
j .",442: shipments, 2245; sales, 2400; stock,
330,458.
Augusta: Middling. 29.88c: receipts, 1506;
sales, 92: stock, 171,629.
St. T.ouis: Middling, 30.50c: receipts,
1 >54 • shipments, 747: stock. 22,970.
Little Rock: Middling. 30.50c: receipts
729: shipments, 1663: sales, 1663; stock
43,158.
Total today: Receipts, 15.206: shipments
12,619; stock, 879,969.
Cotton Seed Oil
New York, January 2.—Cotton seei’
oil was dull and nominal. TTime erm' ?
17.50.
Dry Goods
New York, January 2.—Cotton goods
and yarn markets today were vcr\
quiet. Wool goods were quiet.
Over MrReynolds & Julian’s Wire
New Orleans, January 2.—With liolidaj
in Liverpool today traders had nothinf
to go by from that quarter. Our roar
kets opened up from 10 to 20 points, bu
e decline of about 35 points from Tues
day’s close occurred shortly after open
ing. Owing to liquidation and lack o'
support from the bulls. Understand fron
large shippers that a number of boati
loading with rotton are expected to sal
this week, which if so should show ui
large export figures.
With this prospect in view the marke
should be in a very healthy condition
The year of 1918 in cotton has been thi
most’ remarkable in the history of thi
industry. It was made memorable by thi
highest level of prices reached since 1
period immediately after the America!
civil war and by the widest fluctuation
in volume ever known.
Owing to the prevalence of the wa
conditions were abnormal, hence th
scarcity of tonnage for export purposes
nevertheless In suite of this shortag
middling cotton at 34.60c, the highea
Ain’t It a Grand and Glorious Feelin?
By BRIGGS
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price in about 50 years. Owing to the
high price very large margins were re
quired which restricted speculation con
siderably. In ppite of the restriction,
however, a very large business was done
in the way pf hedging actual and pros
pective demand for goods.
The market remained featureless all
forenoon, but rallied about 15 points from
the low. The weather over the entire
cotton belt is the worst in years with
rain, sleet and snow and the thermometer
around zero in several places.—H. & B.
Beer.
Over Stewart’s Wire
New Orleans. January 2.*—Holiday in
Liverpool. General news over New Year
was at the selection of both factions
in the market, but as patience of wait
ing for the good things promised has be
come somewhat tired, the bearish news
found more favorable and tlie market,
after an opening 10 to 20 points higher
acted reactionary. This bearish wave of
sentiment is probably only temporary,
as the inspiring effect of a large de
mand and good exports, which arc prob
able during the next few months should
change sentiment again towards enter
prising support. No matter what the
outlook may be for the distant future,
the facts of short supply, large urgent
needs of cotton for this season, cannot
be changed, and the full expression of
the bullish situation in prices depends
only on the complete understanding and
realization by spot holders. A large
short interest is being carried over from
wai times as a bullish factor.
The Manchester Guardian makes un
i'faVtSfebie comment on diverting opinions
• between the French premier arid Presi
j dent Wilson.
| Nobody in Washington looks for a large
; scale of unemployed. Foreign demand
for goods will be. great and the belief
is general that the United States will
finance trade during the transition pe
riod in about the same manner as was
followed in financing the allies during
the war. In this way, it is believed that
business will develop and private bank
ing credits improve.
Predictions of a bad spell of weather
for the belt fully materialized and the
outlook is for freezing on our coast.
The market, as anticipated, weakened
sharply under bear selling, but presented
a firmer tone around 26^c for May.
Present prices appear safe on the condi
tions for this season, and buying on de
pressions seems preferable.
Naval Stores
Savannah, January 2,—Turpentine, firm,
66c; sales, 131; receipts, 438; shipments,
38; stock, 31,037.
Rosin, firm: sales, 634: receipts 1182;
shipments. 820; stock, 78,392.
Quote; B, D, E. K, (3 and H, $13.00;
I. $13.67V*; K, $15.70: M, $16.15; N, $16.20;
WG, $16.45; WW, $16.75.
Metal Market
New York, January 2..—Copper nominal;
electrolytic, 20tff23c: iron No. 1 northern,
j $34.00037.00; No. 2, $32.25^25.25: No. 1
southern, $34.006/37.00; No. 2, $32.25^35.25.
i Metal exchange quotes lead easy; spot,
| 600 asked; January, 575; spelter easy, East
1 St. Louis spot offered at 780.
| At London spot* £112; futures, £90.
I Tin, spot, £235; futures, £231. Lead, spot,
£401, 10s; futures, £39, 10s. Spelter, spot,
£56; futures, £52.
Bank of France
Paris, January 2.-The weekly statement
o' the Bank of Fram e shows the follow
ing changes:
, Gold in hand increased 8,524,000 francs
silver In hand decreased 1*4,000 francs
notes in circulation increased 806.425,000
j treasury deposits de< teased 77,406,000; gen
eral deposits increased 25,512,000; hills dls
.counted increased 315.647.000; advances in
creased 35,662,000.
Bank of England
I-omlon, January 2.—The weekly state
ment of the Bank of England shows tin
I following changes:
i Total reserve increased £052,000; circu
lation decreased £117,00; bullion increasec
! £865,673: other securities Increased £14,
332,000; public deposits Increased £2,063,000
I other deposits increased £'65,857,000; notes
I reserve increased £923,000; governmen
securities increased £53,198,000; the pro
portion of the bank’s reserve to liahilitj
this week is 11.70 per cent: last week t
was 15.78. flate of discount 5 per cent.
McGraw Trades Five
Players for On<
New York, January 2. The New Yorl
National league baseball club has closet
a deal with tbe Rochester Internationa
club by which the Giants acquired Catch
er Earl Smith In exchange for Outfield
ers Wilhoit and Kelly, First Baseman Joi
Rodriquez. Pitchers Waite Hoyt and Johi
Ogden and a cash consideration, it wa
announced tonight.
Colonel Houston Makes
Plea for Woundec
New York, January .2.-Lleut.-Col. T. 1
; Houston, half owner ot the New Yor!
American league baseball club, arrived li
! New York today after 16 months’ servtc
in France.
Colonel Houston urged that organize
baseball come to the aid of former player
who were wounded in the war, assertim
L that "we cannot do too much for them.
* (
Copyright, 1918 , by The Tribune Association, (New Yonk Tribune)
v Mulla_
oULUitK dUaLKo
. 10 FIGHT HERE
Athletics Club Will Stage
Pretentious Mitt Tourney
Here January 11
The Birmingham Athletic club will b<
the scene January 11 of the most preten
tious arenic fights staged in Birmingham
in years, according to Bill Streit, in
charge of arrangements.
The best boxers at Camp McClellan and
Camp Shelby will be chosen by their
records of the past few months and men
in the prime of condition weighing from
1J5 to 158 pounds will participate. A
j general class for heavier weights will also
be opened.
I Each bout will not go more than four
rounds. With this great sporting card
just a week off boxing fans in the Magic
• City are becoming impatiofit but are look
! ing forward with much interest to the
j coming engagements where the best
trained athlete will win.
It Is expected that the Athletic club ,
• gymnasium will be packed to capacity as i
i it is said there are many Birmingham
girls who are keenly interested in the
sporting event because of tlie fact that
there will be so many soldiers present.
According to Mr. Streit, the demand fof
excitement of a sporting nature Is grow
ing daily, (’apt. John Bender, formerly
athletic coach at the University of Ten
nessee is now director at Camp Shelby
and will be in charge of selecting the
best men from that camp. F. P. Cassady
i is athletic officer at Camp McClellan and
will choose the men he wishes to come to
Birmingham.
Many soldiers from each camp will be
in Birmingham to see the event and the
bouts promise to attract much social at
i tention.
GREAT LAKES TEAM
CINCHES TITLE AS
GRIDIRON CHAMPS
Pasadena. January 2.—The Great.L*kes
Naval Training station football team to
day won the right to elaim the service
championship of the United States, by
defeating 17 to 0 a team representing the
Mare Island marines. Both teams had
gone through i> long season undefeated
until today, having won elimination con
tests in the east and west, respecUjeely.
The game, a feature of the annual rose
tournament, was played at Tournament
park before 22,000 persons.
The weather was ideal.
Wants Investigation oi
Brest Embarkation Camp
Washington, January 2.—Senator New
of Indiana, republican, today introduced
a resolution calling on the Senate mili
tary committee to investigate conditions
at the American embarkation camp at
Brest. France. The resolution went over
until tomorrow. Senator New spoke of
published accounts of bad conditions in
the camp, and said the mere fact that
Secretary Baker had ordered a report
should not preclude the committee from
action.
'Junior Tracks Meet Is
Scheduled for February 15
New York, January 2.—The 1919 nation
al junior ‘Indoor track and field cham
pionship meet of the Amateur Athletic
Union will he held under the auspices of
the 13th regiment athletic association.
Brooklyn, on February 15, according to
an announcement tonight.
SYLACAUGA
Sylacauga, January 2.—(Special.)— News
of the death of Lieut. Victor H. May.
L in France, in December was received
i here this week. Probably there was no
l young man for whom the sorrow ex
pressed as wlioTe community than there
has been for Lieutenant May. Before
being drafted in the army service he
» edited and owned the Sylacauga News.
, A beautiful home wedding was solemn
ized Tuesday night at the home of Mr.
and Mrs. E. J. Smith when Rev. John
\Y\ Inzer and Miss Marie Smith were
married. Rev. C. Ross Baker of Birming
| ham, officiated. They left on the evening
l train for a training camp in Illinois,
where Mr. Inzer is chaplain in the army.
: Twining to Relieve Blue
i Washington, January 2.—Cap. Nathaniel
l C. Twining, who served as chief of staff
for Admiral Sims of European waters,
had been selected to relieve Rear Ad
* rniral Victor Blue as commander of the
« battlesh p Texas. Admiral Blue today ae
: turned his new post as chief of the bu
’ reau of navigation.
FOOD BOARD PRICES
FOR FRIDAY, JAN. 3, 1810.
Retailer Consumer
pays pays
SUGAR— per cwt. per lb.
Granulated .I 9.2809.64 10.754fU.OUC
Retailer’s profit on sugar must not ex
ceed 114c per pound.
FLOUR— Per bbl. 24-lb sack.
Plain . $11012.00
Self-Rising . 11.60012.6
r»r lb.
16018c
$1.5701.71
1.6201.71
Per lb.
36040c
8O036C
30036c
2214020c
28000c
34005c
364®»e
*O046c
5006714c
55061c
651*074c
40046c
3714040c
28031c
2903114c
20031V
MEATS
Beef (side) .
Sirloin Steak .
Round Peak ....
Rib Roast .
Stew .
PORK—
Loins ...
Chops .
HAMS—(Cured.)
Whole .
Skinned (sliced) . 3614039c
BACON-( Breakfast.)
Strips (sliced) . 4414(c(61c
Fancy (sliced) . 681s067c
BACON—(Bellies.)
Smoked . 3oV4@38c
D. S. (whits meat)..3214034c
LARD SUBSTITUTES—
Tierce . 23026c
Drums .231402514C
Tubs .28V402514
PURE LARD—
Tierce .279402814c 329403414'
Drums . 2714028c 3274036c
Tubs .281402914c 331408614'
CORN MEAL- Per cwt. Per lb
In hulk . $3.5004.26
GRITS—
In hulk . $3.9004.45
In packages .$2.8503.00
BUTTER— Per lb.
Creamery (fresh) . 6614072c
Storage . 56064c
Maximum profit on butter allowed tc
retailer ’0.7c over actuac cost.
EGGS- Per do*.
Fresh . 65070c
Storage . 4614056c
OLEOMARGARINE— Per lb.
High grade . 3003514c
CHEESE
American (colored) .. 36@41c
PRODUCE—
Sweet potatoes . $2.2602.75
Irish potatoes (white) ,$2.2u02.75
Cabbage (cwt.) . $2.6003.00
Onions (sacked) . 2.4002.50
Rutabagas . 2.2602.50
ROLLED OATS— Per case.
20-oz (18s) $1.9302.00
20-ox. (36s) . $3.8504.00
RICE—Bulk.
Honduras .$10.75011.60
Blue Rose . 8.7509.63
506c
506c
14015c
Per lb
72079c
61071c
Per doz
72078c
53064c
Per lb
351404114<
41049c
Per lb
304<
21404c
3140414<
31404c
31404c
Per pkg
1314014c
13V4014I
Per fb.
14015c
10011c
11016c
eye.
709c
BEANS—Dried,
Lima (recleaned)
Pink (Cal.) .
Navy .
PEAS—Dried blk.
California .
BREAD—
Loaf (12 oz.) . 7c
Loaf (18 oz.) . 8c
TOMATOES— Per Doz.
No. 2 Standard .$1.5001.70
PEAS
No. 2 Standard ....$1.7201.90
CORN
No. 2 Standard .$1.8001.95
131401614c
11013c
Per lb
171402014'
121401514c
1214013<
9012c
809c
9010c
Per Cat
1502>
21023c
21026c
J. E. KEITH. Chairman.
Main 3826.
LOCAL MARKETS
Poultry
Fryers—Two pounds and under,27 V40JOC
Guineas—5uc each.
Roosters—15c.
Turkeys—Live, 32V9035c. Dressed, 382
40c.
Ducks—30c lb.
Hens—2002754c.
Geese —25c.
Rabllts—33 to 34 dosen.
Fresh Eggs— Wholesale, fc075c; retail
75083c.
Fish
Spanish Mackerel—2244c.
Pompano—35c.
Salt Water Trout—20032c.
Mixed Fish—12c.
Red Snapper—Headless and drawn, i
021c.
Gray Snapper—Headless and drawn. 14c
Mullet—10011c.
White Trout—12c.
Chesapeake Hay Oysters—Extra selecl
32.60 gallon.
Meal and Feedstuff
Mixed Horse and Cattle Feed—
C. S. Meal, 7 Per Cent—359.1*.
Peanut Meal-363.
Hen Feed—34 per 100-lb. sack.
Old Style Hulls—3*6.
Velvet Bean Meal—346.
Corn Chops—33.85.
No. 2 White Oats—3103 per bu.
Choice Pea-Green Alfalfa—347 per ton.
No. 1 alfalfa-346.
Southern Alfalfa—343.
No. 1 Timothy—341.
Clover and Timothy—340.
Wheat Straw—322.
Johnson Grass—330.
Shucks—315.
Live Stock
(Union Stock Tsrds
Fed Steers:
Good to Choice—9®10c.
Medium to Good—7®8c.
Common to Medium—6®7c.
Grass cattle according to weight, qua
Ity and flesh:
Bteere—7(J8c.
Fat Cows—708c.
Medium Cows—«®7c
Canner*—4H05UC.
Cutters—5440544c. a
Light Bulls-£^@6^c.
Fat Yearlings—G<ij7e.
Oxen—4@7c.
Medium Yearlings~-6^ff>c.
Vealers—7®8c.
Hogs:
Choice Corn Fed Hogs—166 pounds and
up, 16c.
Choice Corn Fed Hogs—186 to 166 lbs.,
14c.
Choice Corn Fed Hogs—90 to 136 pounds*
13c.
Best Heavy Rough Hogs—13014c.
Light Pigs—90 lbs. down, 12c.
Half Fat Rough Hogs—I2@13c.
Soft and oily hogs from lo to 2o pot
pound less than above price*.
Hides and Tallow
No. 1 Green Salt Hides—17Q18C.
No. 2 Green Salt Hides—16@17c.
Half Cured Hides—l@2c less.
No. 1 Green Hides— 14<gil6c.
No. 2 Green Hides—13^ 14c.
No. 1 Dry Flint Hldes-27@28c.
No. 2 Dry Flint Hides-26<027c.
No. 1 Dry Salt Hides—24<&26o.
No. 2 Dry Salt Hides—23&24e.
Goat Skins—80@90c.
Damaged Hides—Half price.
Washed Wool—75<&SOc.
Clear Unwashed Wool— 66@60c.
Burry Grease Wool—35(Q}37c.
Cotton
Good middling . 291*
Strict middling . 29
Middling . JMa
Strict low middling . 27?*
McREYNOLDS & JULIAN
BROKERS
Mem Iters N. O. Cotton Exchange
Chicago Board of Trade
CorreNpoudeutM II. 11. Ileer, New Or
leans, La., Clement Curtis «& Co., Chi
cago, J. S. Oactic A Co., New York.
L. IJ. Phone 88U
303-4-6-U Umpire 11 Ida,
Birmingham, Ala.
S. R. Stewart & Co.
401-9 Woodward Bldg.
Grain handled In lots 1000 bushel* and
upward. Also fractiouul lots of stock*
Personal Attention to All Order*
Private Wires \Y. 1. 1'llELTl
Phone Main 007 Manage*
W. E. Campbell
Cotton
Stocks, grain, provisions and cotton
seed oil. Correspondents Shepard A
Gluck. New Orleans; E. W. Wagner A
Co., New York and Chicago. Continu
ous quotations; private wires to all
exchanges. %
616 and 617 Woodward Bldg.
Telephone Main 6141
Strict low middling . 24%
Hubbard Bros. & Co.
Cotton Merchants, Hanover Square. If,
Y. Members J*»ew York Cotton Ex
change, Now Orleans Cotton Exchange,
New York Produce Exchange, Associat
ed Members Li^rpool Cotton Associa
tion. Orders solicited for the purchase
and sale of Cotton and Cotton Seed Oil
for future delivery. Special attention
and liberal terms given for consign
ment.' of spot cotton for delivery. Cor
respondence •invited.
‘
3
RAILROAD SCHEDULES
Corrected December 8, 1018
Arrival and departure of passenger
trains. Birmingham: The following
schedule figures published as informa
tion, ate not guaranteed.
Ill It II A M TERMINAL STATION
Southern Railway System
(.Southern Railway (ju.)
No. Arrive from
29 W’s'ngton 7:35 p
11 Atlanta
SO Atlanta
16 Co’bus
12 Or ville
28 Selma
20 Selma
23 Jax-N.T.
6:20 a
11:50 p
11:25 a
7:45 p
10:00 a
6:20 p
12:25 p
No.
2 4 Jax-N.Y.
12 Atlanta
40 Atlanta
30 W's'ngton
11 Gr'nvflJe
10 Selma
27 Selma
15 Columbus
depart te
No. Arrive from . Nc. neDar*
1 Cin-W't’nll :26 p : 1 N.O.-S p t n 4u S
2 New O. 5:45 <ij 2 Cln. WVn » ou »
3 Ctn 11:13* 3 New o. li'?sS
4 New O. 7:60 p 4 Cin.
Southern Hallway Kvatem
(A. G. S. R. It,i
Arrive from , Nc.
4:36 p
12:45 a
6:30 a
9:00 a
6:5,0 a
6:20 a
6:00 p
4:00 p
6 Ch’n'oga
21 Ch'n’oga
6 Merld'n
12 Merid’n
1:10 p
10.00 p
11:10 a
11:40 p
Frlaco Line*
Arrive from No.
6 Meridian
22 Ch'n'oga
6 Ch’n’oga
11 Meridian
3:U5 p
4:10p
6:00a
4:00 p
5.60 a
depart tt
7 00 a
4 Col.-jfc‘n
3:50 p
No.
105
103 1
925
021 1
Central of Uu.
No. Arrive from No.
1 Macon 10:26 p 2 Ala con
yjav-oav. 11 '60 a I lu Ja'Jt-Sav
3 M e n-Col. 12:16 p !.
Seaboard Air Line Ity,
No. Arrive from No. iJenarr
6 N. Y. 10:40 p; .6 NY. 6:30 a
2:3u p
, , 6:20 pa
llliuoiM Central Ry, •
NO. Arrive from No.
y-Chl’-St Lu 1:10 p |T0 CM’-St.
LOUISVIL.DK A NASHVILLE
L. A N. It. R.
No. Arrive from . No.
1 Cin.
2 New O.
11 N. Y.
21 C’mont
1:40 pi
11:10 a I
12 N. Y.
2u P’dmont
depart to
■ D 12:15 p
STATION
3 Cin
4 New O.
5 Decatur
7 Cln.
10 Mon’g’ry
15 Decatur*
12 Mon'g’.v*
9:21 a
12:15 p
4 .oo p
8:53 p
7:10 p
4:38a
7:20 p
9:40 a
11:00a
1 New' o.
2 Cin.
3 New O.
4 Cin.
6 Decatur
6 Cui.
9 Mon’g'ry
14 Decatur*
11 Mon’g'ry*
lilriuiutfham Mineral
Depart to
9:31a
12:30 p
4 :2U p
9:03 p
7:30 a
11:65 p
6:00a
6r20 p
4:20 p
N'o. Arrive from
35 Traco*
48 T ioosa
42 Blocton
45 An’tttou
47 An’atou
102 T’loosa
No.
36 Draco*
41 Biocton
49 T’looaa
44 Anstoit
46 An'stois
101 T’loosa
Depart to
4 ;65 p
11:20 a
7:35 p
10:15a
6:50 p
A.. U. A A.
No. Arrive from t No. Depart ti>
23 M'ch’ter 11.30 a | 22 M'ch’ter 6:‘>0a
21 M’ch’ter 10:55 p ! 24 M'cn'ter 4:16 9
•Daily except Sunday
9:251
2:55 p
2:5u p
8:40 a
7:00 a