The age-herald. [volume] (Birmingham, Ala.) 1897-1902, June 12, 1901, Image 7

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The age-herald. [volume], June 12, 1901, Page 7, Image 7
About The age-herald. [volume] (Birmingham, Ala.) 1897-1902

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The age-herald. [volume] (Birmingham, Ala.), 12 June 1901. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn86072192/1901-06-12/ed-1/seq-7/>

Newspaper Page Text

A VERY SMALL
STOCK MARKET
The Movement Shows Profes
sional Character Plain
THE DEALINGS FALL OFF
The Strength of a Few Favorltea
Helped Along for a While, But
Later These, Too, Re
lapsed.
% -
New York, June 11.—The desultory
movement of prices in today’s stock mar
ket demonstrated the professional char
acter Into which It has again relapsed.
The volume of dealings fall back near to
the level which was reached previous to
last week’s spurt of activity. Diminished
Interest showed a tendency to- become
congested In a few stocks. The strength
of these had some Influence In sustaining
the general market, but this waned In
the latter part of the day. The opening
made a good show of strength under the
combined Influence of favorable Interpre
tation of the government crop report,
published after the closo yesterday, and
the rumors which came thick from Lon
don that peace was imminent In South
Africa. The crop report had the greater
effect on account of the short selling
which nad been done by the bears during
the past week In expectation of a showing
of great deterioration in the crops. Not
withstanding the decline in condition of
the winter wheat crop during the month,
and the decrease in acreage of the spring
wheat crop, experts are able to figure a
bumper crop on the government showing.
The rains which have fallen since the
first of the month, which is the date of
the government’s computation, were also
taken as an offsetting factor to the un
favorable features of the report. The
short covering which developed yesterday
afternoon therefore continued with ener
gy this morning. There was an attempt
nevertheless to distinguish In detail the
effects of the reports os bearing on differ
ent states. The spring wheat grangers
were consequently strong, while the
Texas, Missouri and Kansas lines were
held back. A sharp raid carried Texas
and Pacific down to 2% from the high
point and Missouri Pacific itself fell un
der last night. The whole market suf
fered from realizing untU the aggressive
movement In Missouri Pacific fhecked the
decline. This stock touched 122% on well
defined expectations of a coming divi
dend.
There was a rumor that the company’s
bonds will have the option exercised In
their behalf. The pressure on Texas and
Pacific was attributed to a change in
the ratio of Its proposed exchange with
Missouri Pacific stock, which has been
supposed hitherto to have been two shares
for one of Missouri Pacific. The Mexican
Central issues were largely dealt in con
nection with a report of a refunding
plan which would bring the stock nearer
to dividend claims. The appearance of
controling Standard Cil interests in the
directorate of the American Linseed Oil
Company was responsible for the strength
of those stocks and of National Lead,
which, it is said, will benefit from the
change. A number of the high priced
specialties, such as Sugar, Amalgamated
Copper and American Tobacco, fluctuated
feverishly under the influence of what
seemed purely speculative operations.
There were some sharp advances in less
prominent specialties, which were unex
plained, including American Express,
North American. General Electric, Vir
ginia-Carolina Chemical and others, In
which the gains ran from 1 to 7 points.
The money market was free from dis
turbance, but reports of a transfer of
several million dollars in currency to
Philadelphia yesterday, In connection
with steel combinations, was an Influence
upon sentiment. The selling pressure
gained force at the last and the closing
was heavy at about the lowest and gen
erally below last night’s declines from
the top, ranging from 1 to 4 points in the
principal active stocks. The sales of 100,
000 shares of Northwestern preferred was
made 13 point lower than the preceding
sale.
The demand for bonds was well dis
tributed and prices advanced. Total
sales, par value, $3,975,000. United States
bonds all unchanged on last call.
New York 8tpck Market.
By Private Wire to Murphy A Co.
“ o b r Q
S e 1 e
STOCKS. 3 a- o K
5 I M
Ampr. Tobacco-.142% 142% 140 140%
Amer. Sugar Refining..142% 143 140% 140%
Copper .123% 123% 121% 122
Atchison pfd .103 103% 103 103%
Brook. Rapid Transit.. 81 81% 79% 79%
Erie .43% 44 43 43%
C. D. 70 70% 69% 69%
Texas and Pacific .49% 49% 47% 48%
K. T. pfd . 64% 46% 64 64
Loulsv. and Nashv ...110 110% 108% 109
Manhattan Elevated ..120% 120% 118% 118%
Missouri Pacific.119% 122 119% 121%
Metropolitan St. Ry . .171% 171% 170% 171
Southern Pacific. 60 60% 69 69%
Union Pacific .107% 109 107% 107%
U. S. Steel . 60 60% 49 49%
U. S. Steel pfd .98% 99 98% 98%
P. 0.116% 116% 115% 115%
Reading .46% 46% 45% 46%
Rock Island .169 169 166 166
St. Paul .167 167% 166 166
Southern Ry .33% 34 33% 83%
Southern Ry pfd . 87 87% 86% 87%
Tenn Coal and Iron .. 60 60 60 60
Wabash pfd . 44 44% 43% 44
Western Union . 94 94 93% 93%
Bonds.
TTnlted States refunding 2s reg . 1963,
TTnlted States refunding 2s coupon.. 107*4
TTnlted States 3s registered . 109
TTnlted States 3s coupon . 109
TTnlted States new 4s registered ... 139
TTnlted States 3s coupon . 139
TTnlted States old 4s registered . 11234
TTnlted States old 4s coupon . 11334
TTnlted States 5s registered .. 10634
TTnlted States 5s coupon . 10834
Virginia centuries . 9*34
Wabash debenture Bs . 6«34
BORN STEEL RANGES
For sale by
Estes Hardware Co.
H. D. COTHRAN & CO.
Members of Chicago Board of Trade and
New Orleans Cotton Exobange.
Boone 1 and 2 Alabama National Bank
Building.
Private leased wires to New York, New
Orleans and Chicago.
COTTON, STOCKS AND6RAIN.
All purchases and sales are made dlreot
on the exchange for which the order la
given.
Correspondents—J. H. Parker A Co., C.
W. Lee A Co., Purnell. Hagaman A Co.,
New York; Fairchild A Hobson, New Or
leans; Ware A Leland, Chicago.
Reference—First National Bank of
Birmingham, First National Bank of
Rome, Oa.
TELEPHONE NO. IMS.
■pedal attention given to orders over
4 telephone and orders sent front out of the
' dtjr.
■
MURPHY & CU.
(Incorporated.,
ALABAMA NATIONAL BANK B’LD'Q
Private Leased Wires Ulreot to New
York. New Orleans and Chicago.
COTTON, STOCKS GRAIN.
NEW YORK OFFICE—MO. 61 BROADWAY.
Offices In principal cities throughout the
South.
Write for our Market Manual and book
containing Instructions for traders.
Phone No. 842.
>
John M. Caldwell. Qeorge B. Ward.
CALDWELL-& WARD
Bankers and Brokars.
IN tSTMENT SECURITIES,
STOCKS AND BONDS.
2015 First Avenus.
Realty Company Preferred Id lots to
suit purchasers.
References:'The Banks of Birmingham.
Money loaned on local stocks and bonds.
J. T. SLEDGE, Pres., MBmph Is, Tenn.
VIKUIL RANDOLPH, Vice-Pres., St. Louis
C. A. ALLEN, Ueo. A Tress., Birmingham.
HEDGE COMMISSION COMPANY
(INCORPORATED)
2oar FIRST'AVENUE.
.Commission Brokers.
Cotton, Stocks, Grain and Provisions
Private leased wire direct to New York,
New Orleans and Chicago. Reference:
Birmingham Trust and Savings Co. Tele
phone 114. Special attention given to tel
ephone orders in and out of the city.
Chicago 'Change.
Chicago, Juno 11. — Marked weakness
characterized the wheat market today,
July closing l%c lower. July corn closed
%3%c lower, July oata %c down and pro
visions from unchanged to 2%c depressed.
The lending futures ranged as follows:
Articles, | Open.| High. | Low. ] Close.
Wheat- i |— j I
June.| 71 | 71%! 70%] 70%
July .| 72%| 72%| 71%| 71%
Sept .| 69%! 69%| 68%| 68%
Corn—
June.| 41841 .... | .... | 41%
July .| 43%, 43%! 42% I 42%
Sept .| 44%] 44%| 43%| 43%
OiGW—
July ..| 27841 28 | 27%| 2784
Sept .| 28%] 26%] 26%] 26%
Mess Pork |
July.| 14.82%| 14.82% 14.72%! 14.77%
Sept .| 15.00 | 15.00 14.90 | 14.96
Lard—
July .j 8.60 | 8.62% 8.60 | 8.65
Sept.I 8.67%| 8.70 8.57%] 8.66
Oot .I 8.67%] 8.67%| 8.67%| 8.65
Short Ribs | I I
Julv .| 8.10 | 8.12%[ 8.00 | 8.06
Sept .| 8.10 | 8.15 | 8.02%| JlJKMi
~ Cash quotations were as follows:
Flour—Quiet.
Wheat—No. 3 spring, 66%fff69%c; No. 2
red. 70%372c.
Corn—No. 2, 42®42%c: No, 2 yellow, 4?3>
42%c.
Rye-No. 2, 50%c.
Barley—Good feeding, 47c; fair to choice
malting, 615763c.
Flaxseed—No. 1, 81.71; No. 1 northwest
ern. 81.71.
Timothy Seed—Prime, 83.00(38.60.
Mess Pork—Per barrel, 814.80314.85.
Land—Per 100 pounds, 88.12%38.25.
Short Rib Sides—Loose, 87.9538.15.
Dry Salted Shoulders—Boxed. 6%37%c.
Short Clear Sides—Boxed, 88.25©>8.37%.
Whisky—Basis of high wines. 81.27.
On the Produce Exchange today quota
tions were;
Butter—Firm; creamery 153*8'':'’. dairy
13317c.
Cheese—Steady. 9®10%c.
Eggs-Weak, 10%c.
Financi j
New York. June 11.—Commercial-Ad
vertiser'b London financial cablegram:
The stock market was brisker and hap
pier today on the good war news and the
Increasing prospects of peace. Consols
were especially stimulated, rallying 93%
on yesterday's Improvement. It had been
feared that Paris cheque would fall fol
lowing our low bank rate and draw our
gold, but on the contrary. It has risen.
It Is understood that Russia Is replenish
ing Its London bullion balances. It Is also
announced that the following gold Is due
here next Monday: A total of £26,000 from
Australia; £48,000 from India and £30,000
from China. It Is expected that all will
go to the Bank of England, which Insti
tution will probably attract the metal by
Increasing the buying price to 77s 9d.
Treasury Statement.
Washington, June 11.—Today’s treasury
balances, exclusive of the gold reserve
fund, shows: Available cash balance *163,
941,042.
The Coffee Market.
New York, June 11.—Coffee quiet; Spot
Rio No. Invoice 6; mild, quiet; Cordo
va 8%@12%. Futures opened steady, with
prices to 10 points lower under selling
for both accounts, led by room bears and
foreign Interests and prompted by de
clines abroad. Heavy receipts in the crop
country and sluggish demand for spot
coffee In the street market combined to
undermine bull convictions, and to stim
ulate the short account. Profit-taking
later brought about flight return, but at
best the market was narrow, with a
heavy undertone. Closed quiet, net un
changed, to points lower. Total sales
24,500. September 5.30; December 5.560
6.60; February 6.66; March 5.75; May 5.85.
Live Stock Markets.
Chicago, June 11. Cattle receipts 25.000:
generally steady; choice cows and heifers
firm; good to prime steers *5.60@6.25; poor
to medium *4.5005.60; Stockers and feed
ers, choice stronger, *304.85: salves firm,
*405.75; Texas fed steers *4.35@6.60; Texas
bulls J2.75@3.85.
Hogs: Receipts 18.000 ; 5 to 10c higher,
closing easier; mixed and butchers, *5.850
6.12%; good to choice heavy |5.96@6.20;
light *5.8006.06.
Sheep: Receipts 12,000: steady to slow;
spring up, *5.75; good to choice wethers
*3.9004.10: fair to choice mixed *3.60©4;
western sheep *1.9004.10; yearlings *40
4.40; native lambs *405.10; western lambs
*4.60@5.06.
Cincinnati, June 11.—Hogs higher, *4.10
©«. Cattle quiet, *2.6006.25. Sheep dull,
lower. *2.25@3.65. Lambs active, lower,
»3.60®5.75.
The Metal Market.
New York, June 11.—Tin higher. $28.85®
29. Pig Iron warrants easy. $9.69®10.2E.
Lake copper nominally unchanged. Lead
steady, unchanged. Spelter dull, $3.95®
4.00.
LOW RATES
To Old Point Comfort, Account An
nual Convention National Trav
elers’ Protective Association.
The Plant System will sell round trip
tickets to Old Point Comfort at one fare
on June 1, l and 8. with return limit
eight days from date of sale. By de
positing tickets with Joint agent at Ho
tel Chamberlain prior to June 9, an ex
tension of Anal limit to June 15 will be
granted. Quick schedules; excellent ser
vice. See ticket agents.
B. W. WRENN,
Passenger Trafflo Manager.
. 6-29-tf
Concert by Memoli’s band
East Lake every Sunday.
COTTOI MARKET
WAS VERT ACTIVE
Opened Steady and Advanced
from 8 to 9 Points
SHORTS BECAME ALARMED
And Scrambled for Safer Ground and
Added Greatly to the Strength of
the Market—Bullish Govern
ment Report.
New York, June 11.—A scare of near
months shorts and investment buying of
August exerted a leading influence In to
day’s cotton market. Events here in
turn dominated the markets in the South
and abroad, despite the fact that outside
points were weak. Liverpool cables wero
a disappointment to the trade here and
with favorable weather news led to mis
givings among the bulls Just before the
opening. But shorts were cautious with
the result that the market opened steady
one point lower to one point higher. Then
heavy buying of the near months for
Western and Southern account sent prices
up eight to nine points with a rush and
Induced buying of an investment nature.
Shorts became alarmed and scrambled for
safer ground and in so doing added
greatly to the strength of the market.
Liverpool and New Orleans were quick to
follow our advance and even furnished
liberal buying orders here.
At noon the weekly government crop re
port was Issued and it proved to be very
bullish. On this news there was a fresh
rush to cover and "buying for Wall street
account became a feature. During the
rest of the session the market displayed
a *flrm undertone with the near months
absorbing the bullish attention. July
jumped to 8.22, August to 7.63 and Octo
ber to 7.19 in the half hour on a burst of
general buying. Shorts were constantly
menaced by August buying orders from
the West. Trading was active and gen
eral in the last hour. It was feared that
Liverpool would advance tomorrow on
the government report.
Closed steady with prices net seven to
ninteen points higher.
New York, Juno 11.—Cotton quiet; mid
dling, 8 5-16c; net receipts, 577; gross re
ceipts, 2311; sales, 570; stock, 130,435; ex
ports to the continent, 799.
Total today: Net receipts, 8278; exports
to Great Britain, 610; exports to the con
tinent. 28,938; stock, 399,304.
Consolidated: Net receipts, 23,764; ex
ports to Great Britain, 390; exports to
France, 7557; exports to the continent, 44,
905.
Total since September 1: Net receipts,
7,115,446; exports to Great Britain, 2,849.
921; exports to France, 704,864; exports to ,
the continent, 2,395,066.
New Orleans Cotton Market.
New Orleans, June 11.—There have been
no new developments In the market for
spot cotton*. Offerings continue to show
some slight Improvement and buyers
would have no great difficulty now In
making selections of either high or low
grades, but the purchasing element Is
operating very conservatively just at this
juncture, refusing to do more than fill
urgent orders at ruling prices and the re
sult Is a meaggr movement. Factors as
a rule are holding well for full figures,
and In some Instances they are asking
l concessions. Sales, 1,250 bale, including
50 to arrive. Prices advanced l-16c.
A comparative lack of steam was noted
during the forenoon In the market for
; contracts for future delivery for cotton,
: thouglNthe verylng course of values wan
I such as to Induce a good deal of room
trading and the movement was by no
means upon a summer ba*ls. Liverpool is
still depressing price on the other side,
but her weight is ofTset by a goodly bull
report In the American markets. The
first call here showed prices to be at
about last night's figures. Laj^r on the
market hardened and quotations con
tinued to fluctuate, but with a strong up
ward tendency aftd closed with June 20
points higher, July 21; August 19, and
the balance of the list 8 to 10 points each
above last night's figure*.
New Orleans. Juno 11—Cotton steady;
sales, 1,280. Ordinary, 5 9-16; good ordin
ary, 644; low middling, 7 1-16; middling,
718-16; good middling, 8 7-16; middling
fair, 811-16 nominal; receipts, 2,339; stock,
117,192'.
Consolidated statement; Net receipts,
23,704; exports to Great Britain, 9,390;
France, 7,667; Continent, 44,906; stock,
399,304.
New Orleans, June 11.—Cotton futures,
steady. June, 7.92(07.93; July, 7.9107.92;
August ,7.6307.64; September, 7.0507.06;
October, 6.9406.96; November, 6.9406.95;
January, 6.9606.97.
Dally Statemant.
Galveston—Dull; middling, 8; receipts,
4,199; stock, 66,664.
Mobile—Quiet; middling, 744; sales, 25;
stock, 8,344.
Savannah—Quiet; middling, 711-16; sales,
56; receipts, 160; stock, 31,326.
Charleston—Firm; middling, 744 asked;
receipts, 19, stock, 4,768.
Wilmington—Firm; middling, 744; stock,
6,126.
Norftfk—Steady; middling, 8; sales, 114;
receipts, 1,041; stock. 16,969.
Baltimore—Nominal; middling, 844; re
ceipts, 418; stock, 5,468.
Boston—Quiet; middling, 844; net re
ceipts, 106.
Philadelphia—Firm; middling, *9-16;
stock, 2,442.
St. Louis—Quiet; middling, 713-16; re
ceipts, 1,186; stock, 72,880.
^Memphis—Steady; middling. 713-16; re
ceipts, 67; shipments, 168; sales, 1,,250;
stock, 70,626.
Liverpool Cotton Market
Liverpool, June 11.—Spot cotton In mod
erate demand; prices easier; American
middling 419-32. The sales of the day
were 8000 bales, of which 500 were for
speculation and export, and Including
7000 American. Receipts 8000 bales, In
cluding 700 American. Futures opened
and closed quiet; American middling, 1.
m. c.: June 4.28 sellers; June-July 4.27
buyers; July-August ,426@4.27 sellers;
August-September 4.20®4.21 sellers; Sep
tember 4.20@4.21 sellers; October-Novem
ber 4.30 sellers; October-November 4.00®
4.01 buyers; November-December 3.62 buy
ers; December-January 3.62 buyers; Jan
uary-February 3.62@8.63 buyers.
Dry Goods Market
New York, June 11.—The home demand
has shown a slight Improvement for
prints at previous prices. Export de
mand for heavy brown cottons for China
continue. Print cloths market quiet, but
■ prices steady. Ginghams are generally
steady. Hosiery and underwear un
changed In price, with moderate business
doing.
Murphy & Co.’s Grain Letter.
New York, June 11.—In the early cotton
market today a rally took place of four
points fop August and one to two points
for other months. Any attempt to depress
the market at present Is without Justifi
cation so far as regards crop conditions.
The crop Is doing but little better than
a week ago, When everybody was admit
ting It was In bad shape. Sunshine since
then has led some to Jump to the conclu
sion that all Injury has been overcome
and that an Immense crop la assured, un
mindful of the fact that we are yet to
pass through three months of Importance
DR. Y. E. HOLLOWAY
Physician and Surgeon.
mree-fourths ol
the persona who
com« to me to get
cured of Syphilis,
Gonorrhoea, Gleet,
Stricture, Lost
Manhood and othor
private diseases
have tried to got
h well by using oth
I er means. Why not
k come as soon as
& you find that you
are afflicted? It
will not only~®ave you distressing pain
and valuable time, but will coat you loss
mon*y. There la also a aalisfaction in
knowing that the very best possible treat
ment is being given to you by a compe
tent physician, who has experience in
such matter®, and la capable of curing
you in the quickest and moat, perfect
manner possible. 1 have treated private
diseases as a specialty for the past lit
teen years In the city of Birmingham, and
I am therefore known to a great many.
But If you are not acquainted with me,
1 refer you with permission to First Na
tional Bank. Alabama National Bank,
Jefferson County Savings Bank and
Stetner Bros., Bankers, as to my respon
sibility for my contracts. I cure many
patients by mall treatment. Write for
prices and terma Address Dr. T. 0. Hol
loway. 180U4 Second avsnue, Birmingham.
Ala.
OfTlce. Second avenue and Eighteenth,
opposite postofflce.
Office Hours—8:30 a. m. to 8:30 p. m
Sundays, 10 a- m. to 13 m.
to say nothing of the possibility of nn
early killing frost, which may completely
change conditions. Most extreme views
prevail as to the exact crop situation to
day. Shorts are sending in numerous ac
counts of improvement and New Orleans
is the fountain head for the desBlmtnation
of more or less bearish information, es
pecially so pointing to the Texas crop
which there Is reason for believing Is far
from brilliant, as claimed. Fair weather
was reported In every section today In
fact not a single station reported rains.
Buying ql August by commission houses
was the mature, as a rule hesitation was
Shown pending weekly government re
port which, when It appeared, showed a
mixed condition as generally was ex
pected and had no Immediate effect on
the market. Port receipts today 8000 vs.
2800 last year. Futures at Liverpool one
to two points lower.
New York Cotton Futures.
Bv Private Wire to H. D. Cothran A Co.
fttt
MONTHa 0 o' S 9.
5 ® a B
n s. r ?
January .7Tl4 7^21 7.14 7'21
February .. .... .. 7.21
March . 7.24
July .8.00 8.22 8.00 8.19
August .7.45 7.03 7.45 7.01
September.7.14 7.24 7.13 7.23
October.7.09 7.09 7.09 7.18
November.. .. 7.15
December.. .,7,09 7.18 7.00 7.17
Stock Letter.
By Private Wire to Sledge Commercial
Company.
Birmingham, June 11.—London news
was more encouraging, with prices for
Americans V4@% above parity, and this,
together with the bullish interpretation of
the government crop report, brought
about a higher range of values with M.
P., St. Paul and American Linseed the
features. Trading broadening during the
forenoon and there was a general ad
vance, but later the whole market sold
off under the pressure on Missouri Pa
cific. The close was irregular.
Missouri Pacific was the feature
throughout, leading the decline under the
heavy pressure brought to bear on this
stock with a view to breaking the whole
list and thdh*beiAg the secfitity in which
late buying orders were centralized on
the report that insiders had given it out
that there would soon be an important
deal announced in connection with the
property. Texas Pacific was another
stock that suffered from selling pressure
for the same reason as Missouri Pacific,
though it was reported that the selling
was caused by the rumor that this road
would not share in the forthcoming deal
as favorable as had been expected.
Stocks favorably affected by prospective
dividends were L. & N., on which 6 per
cent is talked; Steel, common, on which
4 per cent for common is being rumored
almost with certainty. An extra divi
dend on St. Paul and the forthcoming one
in Southern Pacific.
L. & N. is scarce in the loan crowd and
is being bought by a strong pool on ex
cellent earnings and cheapness as a divi
dend payer. The buying of the steel
stocks was better than for some time,
the best people in the street picking them
up.
Mrs. Winslow's Soothing Syrup.
the best remedy for DIARRHOEA. Sold
by druggists In every purt ot the worn
Bo sure and ask for 'Mrs. Winslow’s
Soothing Syrup." and take no other kind.
Has been used for over FIFTY YEARS
bv MILLIONS of MOTHERS for their
CHILDREN WHILE TEETHING, with
PERFECT SUCCESS. It SOOTHS the
CHILD, SOFTENS the OUMS, ALLAYS
Si. r.dN, CURES WIND COLIC, and is
Twenty-five cents a bottle.
NOTICE:
Bids will be received at the olTlce of the
undersigned until 12 o'clock June 25, 1901.
for the electric wiring and elevator and
enclosures for the new city hall at Bir
mingham, Ala.
Bidders may bid on either the electric
wiring or the elevator and enclosures
separately or jointly as they may desire
but In each case they must deposit ten
dollars (110.00) In cash with the architect
to Insure prompt return of drawings and
specifications.
All bidders will be required to enclose
with their bids a duly certified check for
1100 made payable to, the Mayor and
Aldermen of Birmingham, Ala., to be held
by them as a guarantee that they will
execute the required bond if contract is
awarded them.
A separate check and bond will be re
quired in each case.
D. A. HELMICH,
Architect. 306^4 Nineteenth street. Bir
mingham, Ala. 5-26-2U
NOTICE.
Bids will be received at the office of the
undersigned until 12 o'clock, June 25, 1901,
for the steam heating and plumbing and
gas fitting for the new city hall at Bir
mingham, Ala.
Bidders may bid on either the steam
heating or the plumbing and gas fitting
separately or jointly as they may desire,
but In each case they must deposit twen
ty dollars ($20.00) In cash with the archl
test to Insure prompt return of drawings
and specifications.
All bidders will be required to enclose
with their bids a duly certified check for
one hundred dollars ($100.00) made payable
to the mayor and aldermen of Birming
ham, Ala., to be held by them as a guar
antee that they will execute the required
bond If contract Is awarded them.
A separate check and bond will be re
quired In each case.
D. A. JIEI.MICH, Architect,
306H Nlneteeenth St., Birmingham, Ala
5-26-2U
TAKE
When going to Texas and the Weal.
Write C. H. Morgan, traveling passen
ger agent, Birmingham, Ala, for full In
formation as to rates, schedules, eto.
E. P. TURNER. Q. P. A.. Dallas. Tex.
8TATEMENT OF
The FIRST NATIONAL BANK of Birmingham, Ala
(UNITED 8TATE8 DEPOSITARY.)
At the close of business, April 24, 1901, as rendered to the Comptroller of
the Currency._______
RESOURCES
Loans and Discounts.. ..$2,546,941 63
Overdrafts. 690 51
U. 8. Bonds. 106,750 00
Other Stocks and Eonds 17,000 22
Bank Building. 51,000 00
CASH
In Vault ....$265,853 77
With Banks .. 766,704 *6
With U.S.Tress
urer. 3,302 *0
1,035,860 85
$3,758,243 31
LIABILITIES
Capital Stock.$ 250,000 00
Surpius and Profits. 144,830 76
Circulation. 50,000 00
DEPOSITS
Individual ...$2,726,695 77
Bank. 636,716 73
U. S. 50,000 00
3,313,412 65
, $3,758,243 31
N. E. Barker, President; J. H. Woodward, Vice President, W. H. u.
Harding, Vice-President; J. H. Barr, Cashier; W. W. Crawford, Assistant
Cashier.
DIRECTORS—T. T. Hliiman, E. M. Tutwller, B. F. Moore, F. D. Nabers,
Robert Jemlaon, Erskine Ramsay, F. M. Jackson, T. H. Molton, Wm. A.
Walker, V/. 8. Brown, N. E. Barker, W. P. Q. Harding.
far THE ALABAMA NATIONAL BANK
—OF BIRMINGHAM, ALA.—
REPORTED TO COMPTROLLER, APRIL 24, 1901.
RESOURCES.
Loans.$ 629,307 62
Overdrafts. 1,182 11
U. S. Bonds. 60,000 00
Premium on bonds. 1,600 00
Stocks and bonds. 64,500 00
Real estate. 74,650 00
Due from U.S.Treasurer.. 2,500 00
Due from
banks .. ..$144,788 73
Cash In
vault. 161,550 44
306,339 17
$1,129,948 90
LIABILITIES.
Capital Stock.8 200,000 CO
Surplus and profits. 26,070 45
Circulation. 50,000 00
Deposits. 853,878 45
I
$1,129,948 90
i:u. ■’ W. RUCKER, President. J. B. COBBS, Vice President.
W. A. . URTER, Cashier. S. McGAUGHY, Assistant Cashier.
U. M. WILLIAMSON, Assistant Cashier.
DIRECTORS—Edmund W. Rucker, B. F. Roden, D. M. Fulenwlder, W. C.
Ward, J. B. Cobbs, J. H. Robinson,C. S. Simmons.
BIRMINGHAM TRUST AND SAVINGS COMPANY
ORGANIZED DECEMBER 9TH, 1887.
_ Statement of Condition, April 24th, 1901. __
A88ET3.
Loans and discounts... .$1,470,660 80
Stocks and bonds_.... 79,624 70
Real estate and fixtures.. 45,029 11
Cash in vault and with
banks. 620,989 97
$2,216,304 68
LIABILITIES.
Capital stock.9 500,000 00
Surplus and profits. 125,919 93
Dividends uncalled for.... 402 00
Deposits. 1,589,982 65
’ 92,216,304 58
OFFICERS—Arthur W. Smith, President; Tom O. Smith, Cashier; W. H.
Manly, Secretary and Assistant Cashier.
DIRECTORS—James T. Woodward, James Bowron, J. M. Caldwell, 8. L.
Earle, W. H. Kettig, Alex T. London, W. T. Northington, Arthur W.
8mlth, James Spence, R. A. Terrell. /
THE LOCALJVIARKETS
Local Cotton Market
Good middling . 7H
Middling . 1%
Strict low middling . 7%
Local Iren Market
IF .A.U.25
2F .11.75
8F .11.75
4F .10.75
Grey forge .10.25
IS . 12.25
m .11.75
Local Stocks and Bonde.
Corrected Dally by Caldwell & Ward,
Bankers. 2015 First Ave. Tele
phone 755. (See Card.)
Bid. Ask’d.
Alabama State bonds, class A..108 111
Alabama State bonds, class B..108 111
Alabama State bonds, class C..104 108
Alabama State bonds, funded..109 112
Alabama National Bank .100 106
Ala Trust and Savings Co-IDO •
Avondale mills . 80 90
Ala. Steel and Ship Bldg bonds.. ! 08
Avondale Land Company . 75 85
Auditorium .35 *5
Berney National Bank. 98 •
Bessemer L. and I. Co. stock.. 17 21
Birmingham Ice Co. 60 75
B'ham Realty Co. com. stock.. 20 24
B'ham Realty Co. pfd stock .... 65 75
B'ham Realty Co. mort bonds... S2 90
R'ham Realty Co. prior lien bds. 98 105
R. R. and E. Co. bonds .101 104
R. R. L. and P. Co. stock. 40 50
B. R. L. and P. Co. bonds . 90 95
B'ham Trust and Savings Bk...ll5 125
B'ham Water Works bonds ....110 •
East Lake Land Company. 30 50
New Ensley .120 125
Old Ensley . 5 7
First National Bank .165 •
Hotel Hillman Co.i. ! 75
Indian Head Cotton Mill . ! 80
Jefferson County Bank .100 103
North Birmingham Land Co... 12 17
People's Savings Bank .102 •
Sloss-Sheffleld 1st mort .108 111
Sloss-Sheffleld 2d mort . 84 88
Sloss-Sheffleld com. stock . 34 30
Sloss-Shefflld preferred .81 83
•None offered.
INo bid.
Birmingham City Bond*.
Bid. Asked.
6s, due 1917 . 11214 114
6s, due 1918 . -m. 112 114
6s, due 1919 .. 118 115
5s. due 1920 . 105 106
6s. due 1921 . 106 . 107
6s, due 1922 . 11.1 117
6s. due 1923 . 114 1134
5s, due 1924 .. 115 117
Fruit ana Produce.
Butter—Clover Hill, pound prints. 25c;
Elgin (standard), 23c; bast creamery, 28c;
Mississippi, best grade. 30c; good country,
14016c; mixed country. 10a
Irish Potatoes—Per bushel, 60c for old,
31.25 for new.
Sweet Potatoes—.^htte. 31.60 per barrel;
yams. 32.28 per barrel.
Bananas. Per Bemch—Oweils, 50073 cent;
straights. 31 2501.50.
Lomens—Per box, 33.5004.00.
Oranges—Per box. 32.7503.25.
Apples—Per barrel, 34.5004.75.
Eggs—Per doszen, 12c.
Poultry—Best friers, 30c; medium, 18c;
hens, 20080c; Pekin ducks. 30035c; puddle
ducks, 20025c; turkeys on foot, 809c;
drawn, head and feet off, 1284c.
Onions, 3c.
Cabbage—Per pound, 2c; per crate, 32.50.
Lima Beans—Per pound, 7@784c.
White Reas—Per bushel, 32.60.
Dried Apples—Per pound, 4840684a
#
Local Staple Groceries.
Flour—BeBt patent, 34.50; Hugley’s best,
34.65; Tennessee patent, 34.40: half patent’
13.85.
Sugar—Granulated, 5%c; Y. C„ 584o.
Coffee—Green 10013c. Arbuckle's pack
ages, 311.80; Lion packages, 311.80.
Cheese—Trew York full cream, 1384a
Lard, 9c basis.
Meats—Clear rib sides, 8T4e; bacon bel
lies, 1084c; dry salted bellies, 984c; best
hams, 12c: four X hams, lie; California
hams, 884c: breakfast bacon, 18c.
Molasses—Centrifugal, l5@35c; sugar
house. 20®>35c; Georgia cane, 36c.
Bice—Per pound, 484c; fancy, 7a
Corn—Mixed, 62c; white, 03c.
Meal — Jim Dandy, 3’.0784; Joe Darter,
31.0384.
Hay Per Ton—Choice timothy, 120.00;
No. 1, 119.00; clover mixed, 313.50; prairie,
31150.
Oats—Mixed, 40c; white, 41a
Cotton Seed Meal—Per ton. 322.00.
Bran—Mixed, 319.50; pure wheat, 321.OOL
Account annual convention Southern
Industrial Association, Philadelphia, Pa.,
June 11-14. 1901, the A. G. S. R. R. will
sell round-trip tickets to Philadelphia,
Pa., at rate of one fare, tickets to be sold
June 9-10, limited to June 17, 1901. Round
trip rate from Birmingham, 326.10.
6-5-tf I
Central of Georgia Railway
Effective February 24, 1901.
EASTBOUND.
| No. 2 I No. 4
__j Dally, t Dally.
Lv Birmingham.I 6:30 nm| 4:06 pm
Ar Chlldersburg.| 8:08 amj 5:36 i n
Ar Bylacauga.I 8:30 am| 5:56 pm
Ar Talladega.|12:S9 pm|
Ar Anniston...| 1:46 pmj
Ar Goodwater....* .. ....| 9:07 amTll:!! pm
Ar Alexander City .| 9:39 am) 7:01 pm
Ar Dadevllle.110:13 am| 7:14 pm
Ar Camp Hill....... ....|10:33 am| 7:52 pm
Ar Opelika.. ......(11:20 ami !:!2 pm
Ar Columbus.[12:20 pm[ 9:2S pm
Ar Fort Valley.1 —| 3:10 pm|lf:45 pm
Ar Macon.I 4:10 pm|12:40 an:
Ar Amerlcus (ex. Sun.)..| 7:25 pml
Ar Amerlcus, via Fort |
Valley.(10:00 pm| 6:10 am
Ar Albany.|11:10 pm| 7:30 am
'Ar-AUBU’<tn.I I 6:45 am
Ar Savannah.I I 7:00 am
" ARRIVALS.
No. 1 from Macon, Albany, Columbus,
Opelika, Amerlcus, eta., 8:40 p. m.
No. 3 from Savannah, Augusta, Macon,
Columbus, etc.. 12:20 p. m.
Elegant through sleepers between Bir
mingham, Columbus, Macon and Savan
nah on Nob. 3 and 4.
Connection Is made at Savannah with
the fast freight and luxurious passenger
steamships of the Savannah Line from
and to New York, Boston and the East.
For more detailed Information, beauti
fully Illustrated matter, write or apply to
SOLON JACOBS, Commercial Agent.
W. D. HAMMET, Traveling Passenger
Agent, 1921 First Avenue.
JACK W. JOHNSON, Union Ticket
Agent, Birmingham, Ala.
J. C HAILE. General Passenger Agent
E. H. HINTON, Traffic Manager, Sa
vannah, Ga.
| Ala. Great Southern R. R.
Shortest and quickest line to Cincinnati,
Louisville and the North; also to Shreve
port, New Orleans, Texas and all points
Southwest.
Schedule In Effect May 19, 1901.
I No. I. | N(TT~
Lv Birmingham .110.00 am|10:10 pm
Ar Meridian .| 2:10 pm} 2:30 am
Lv Meridian..| | 2:40 am
Ar New Orleans.I | 8:30 am
Lv Meridian.|10:68 am| 2:46 am
Ar Jackson.j 2:20 pmj 5:29 am
Ar Vicksburg.. ..j 4:06 pm| 6:60 am
Ar Monroe.| 7:21 pm| 9:55 am
Ar Shreveport.110:40 pm|12:45 pm
DOUBLE DAILY SCHEDULE TO CIN
CINNATI, LOUISVILLE AND
LEXINGTON.
T No. 1 I No. 4.
Lv Birmingham .| 5:45 am| 6:50 pm
Ar Chattanooga.j 9:40 am|lO:30 pm
Lv Chattanooga.10:00 am|10:40 pm
Ar Cincinnati .| 7:30 pm| S:05 am
Ar Louisville .| 7:40 pm} 8:00 am
No. 2 solid vestlbuled train curries PilTi
man Drawing Room Sleeping Cars Bir
mingham to Buffalo and from Bir
mingham to New York without change.
Cafe and Observation Car Attalla, Ala.,
to Radford. Va., and Chattanooga to Cin
cinnati.
No. 4 carries Pullman Drawing Room
Sleeping Car Birmingham to Louisville
and Pullman Drawing Boom Sleeping Car
New Orleans to Cincinnati; also free Re
clining Chair Car Chattanooga to Cin
cinnati.
No. 5 leaves Birmingham at 4:30 p. m.,
arrives at Meridian at 9:56 p. m.
No. 6 leaves Birmingham at 4:40 p. m.,
arrives in Chattanooga at 9:87 p. m.
No. 1 solid vestlbuled train has through
Pullman Sleepers Birmingham to New
Orleans and Birmingham to Shreveport.
Dining Car, serving meals a la carte,
Vicksburg to Shreveport. Direct connec
tion at Shreveport with lines diverging
for Texas, Mexico, California and the
West.
FRANK S. GANNON. General Mana
ger, Washington. D. C.
S. H. HARDWICK, G. P. A., Washing
ton. D. C.
C. A. BENSCOTER, A. G. P. A., Chat
tanooga. Tenn.
J. C. LUSK. T. P. A., Birmingham, Alt.
Low Summer Touriat Rates via. the
Mobile & Ohio Railroad.
The service now offered by the Mobile
and Ohio to the delightful lake-side,
mountain and seashore resorts of the
North. East and West la unsurpassed. In
addition to the very low rates, long re
turn limits are allowed on these tickets.
Write for descriptive literature, rates
and other necessary information to C.
M. Shepard, G. P. A., Mobile, Ala.
t-Z-tt
RAILWAY SCHEDULES.
In Effect May 19, 1*01, at 12:01 a. m.
Arrival and departure of all trains at
Union Passenger Station, Birmingham.
Ala Louisville and Nashville Railroad.
L. & N.—North.
| Arrive. | Depart.
•No. 2, Fast Mall. N. 0.|11:69 am|12:l» pm
•No. 4. Fast Mall, N.O...| 9:12 pm | 9:20 pm
.'No. 8, Decatur Accom..|.| 4:10 pm
!No. 1j, M't'g'ry Accom.j 7:30 pn>|
South.
| Arrive. | Depart
•No. 1, Fast Mall. Cln...| 8:26 am| 8:33 am
No. 7, Decatur Accom...| 8:66 am|.
•No 3, Fast Mall, Cin..| 3:46 pml 4:06 pm
No. * to Montgomery...! | 6:28 am
BIRMINGHAM MINERAW—North.
| Arriva
•No. 40, Fast Mall. Blocton.|11:06 am
•No. 42, Fast Mail, Blocton.| 8:00 pm
(No. 46, Fast Mall, Oneonta.(10:20 pm
s South.
Depart
•No. 41, to Blocton.... . 6:86 am
•No. 43, to Blocton. 2:80 pm
!No. 44. to Oneonta. 2:65 pm
A. Q. 0.—North.
| Arrive. | Depart
•No. 2. Past Mall, N. 0..| 6:40 ami 8:45 am
•No. 4, Pan-Am. Special..! 6:45 pm| 6:80 pm
•No. 6, Meridian Accom. .|12:25 pm | 4:40 pm
South.
I Arrive. | Depart.
•No. 1, from Cincinnati.|10:0B pm|11:10 pm
•No. 8, Pan-Am. Special..! 9:56 am|10:00 am
•No. 5, Chattan’ga Ac'm. 112:48 pm| 4:80 pm
SO. R. R.—North, East, South, West.
| Arrlvo.
•No. 16, from Blossburg, Ac....I 8:16 am
•No. 20, from Selma.I 9:46 pm
•No. 85, from Washington.|12:00 noon
•No. 88. from Mississippi.| 4:00 pm
•No. 81. .rom Washington.|10:00 pm
•No. 88, from Mississippi.I 6:30 am
•No. 22, from Mobile and Selmaj 5:30 am
I Depart.
No. 15, to Blnssburg, Accom..* 4:50 pm
•No. 19, to Selma.| 6:30 am
•No. 35. to Mississippi.|12:20 pm
•No. 86. to Washington. 4:10 pm
No. 87. to Mississippi.|10:80 pm
•No. 88, to Washington.I 6:00 am
•No. 21, to Mobile.110:20 pm
K. C., M. & B.—Eaa:.
I Arrive.
•No. 5, Southeastern Limited.| 3:68 pm
•No. 8, New York Express. 5:50 am
No. 7, Winfield accommodation..|10:00 am
Past Line to Kansas City.
| Depart
•No. 6, Southeastern Limited.12:30 pm
•No. 4, New York Express.10:20 pm
No. 8. Winfield Accommodation.. 4:30 ora
C E N TRAITO F^GEClRGIA—Eadt
| Depart
•No. X, to Savannah.I 6:30 am
•No. 8, to Columbus.| 4:06 pm
West
| Arrive.
•No. 1, from Macon .8:20 am
|No. 8. from Savannah.|12:20 pm
Trains marked thue (•) run daily. Thus
(!) dally, except Sunday.
Southern Railway Co.
The Great Highway of Travel Nortifc
East, 8outh and West.
Schedule In effect January IS. 1901.
EAflTBOUND.
No. 38. No. 36.
Lv Birmingham. 6:00 am 4:1# pm
Lv Annleton. 8:10 am 6:23 pm
Lv Tallapoosa. 9:32 am 7:66 pm
Lv. Atlanta .12:00 n |11:60 pm
Lv Atlanta.... .12:00 pm 11:60 pm
Lv Charlotte. 8:18 pm 9:60 am
Ar Danville. ..11:63 pm 1:88 pm
Lv Danville. 1:04 am 1:46 pm
Ar Richmond. 6U10 am 6:28 pm
Ar Washington. 8:42 ami 8:50 pm
Lv Washington.. ..7:00 am|19:00 pm
Lv Baltimore.. 8:00 am|ll:25 pm
Lv Philadelphia .... ....|10:1B ami 2:50 am
Ar New York.. ..|12:48 pmi 6:23 am
Ar. Boston .| 2:00 pm| 9:00 nffi
No. 39, "Washington and Southwestern
Limited,” solid vestllsuled train, Atlanta
to Washington; Pullman sleeping car.
Birmingham to New York; also Pullman
library observation oar. Atlanta to New
York. Dining car east of Atlanta.
No. 86. "U. S. Past Mall.” carries Pull
man sleeping cars Birmingham to Rich
mond. Va.. via Atlanta; also sleeper At
lanta to New York.
Din )ng car east of Atlanta.
WO. 3a. | WO. V.
hr Birmingham . 6:00 am| 4:10 pm /
Lv Atlanta.12:06 pm|10:46 pm
Ar Macon. 2:2$ pm|12:66 am
Ar Helena. 4:46 pm S:06 am
Ar Jesup. 6:60 pm| 6:20 am
Ar Brunswick. 8:66 pmj 7:15 am
Ar Jacksonville, Fla.. .. I 8:86 am
Ar Savannah.12:20 am| 8:80 am
WESTBOUND.
NfoTlK No. at.
I,v Birmingham.10:29 pm 12:80 pm
Lv Corona. 1:07 am 2:42 pm
Lv Fayette. 2:16 am 8:40 pm
Ar Columbus.. .... 4:00 am 4:67 nm
Lv Columbus. 4:15 am 5:02 pm
Lv West Point. 5:00 am 5:35 pm
Lv Winona. 7:45 am 7:40 pm
Lv Greenwood.. .. 0:20 am 8:58 pm
Ar Greenville.11:56 am 10:55 pm
No-87 carries-Pullman sleeping car,
Blrm'ngham to Greenville, Miss.; open
at 9 p. m.
SOUTHBOUND.
I No. 19. | No. 2L
Lv Birmingham.| 6:30 am|10:20 pm
Ar Gurr.ee Junction .| 7:60 am|U:W pm
Ar Wilton.I 8:27 amll2:05 am
Lv Wilton.. .I 8:35 am|12:QS am
Ar Selma... ..|10:22 am| 1:50 am
Lv Selma ..I 4:20 pm| 1:65 am
Ar Mobile.|10:25 pm| 7:30 am
No. 21 carries Pullman sleeping car Bir
mingham to Mobile: open 9 p. m._
TRAINS ARRIVE-BIRMINGHAM. ,
NoT38 from Greenville .5:30 am
No. 22 from Mobile .1:80 am
No. 16 from Blossburg ..8:16am
No. 85 from Atlanta .12:06 noon
No. 86 from Greenville .4:00 pro
No. 20 from Selma .9:46 pm
No. 37 from Atlanta .10:00 pm
— F. S—Gannon. Third Vice-President anj
General Manager, Washington, D. C.
S. H. Hardwick. G. P. A., Washington,
I). C.
C. A. Benscoter, A. G. P. A., Chattanoo.
ga, Tenn.
C. E. Jackson, T. P. A. Birmingham,
Ala
PLANT JYSTEH.
Florida and Cuba.
" MajTai | «2. | 78 m.
Lv Montgom'y ..| 8:15 pm| 6:20 am 7:45 pm
Ar Sprague Jc...| 4:15 pmj 7:00 am..
Ar Troy .| 8:05 am 9:25 pm
Ar Brundrldge.| 8:42 am 10:06 pn»
Ar Ozark .I 9:30 am 10:66 pm
Ar Dtmmick .| 9:50 am.
Ar Abbeville Jc.|10:23 am 11:50 pid
Ar Dothan ..|10:35 am 12:01 am
Ar Balnbrldge .|12:S0pm 2:05 am
Ar Climax .112:45 pm 8:22 am
Ar Thomasvllle.I 1:40 pm 8:16 am
Ar Valdosta ..I 3:25 pm 4:37 am
Ar Waycross .I 5:25 pm! 6:15 am
Ar Jacksonville..!.I 7:40 pmj 8:30 am
Ar Tampa .1. 7:80 am|10:00 pm
Ar Port Tampa...|.j 8:15 pm|10:SO pm
Lv Waycross —|...| 5:35 pm| 6:26 am
Ar Savannah —|.I 8:16 pmj 9:00 am
Ar Charleston „.j.j 6:26 am| 4:35 pm
Lv Sprague Jc...| 4:80 pm|.I..
Ar Luverne .| 7:65 pmj.....j..
Lv Dlmmlck ....[.|10:00 ami 6:80 arr.
Ar Enterprise ...j.jll:00amj 6:40am
Ar Elba - .■■■■|.jl2:15 pmj 8:00am
Lv Abbeville Jc.|.110:26 am!.
Ar Abbeville ....j.jl2:10 pmj.■■■■■....
Lv~Cl!max .. 2:15 pm|.
Ar Chattahoochee!.|4:45pm|..
~Trains arrive at Montgomery 8:10 tTiL
9:30 a. m., 6:30 p. m.
THREE SHIPS A WEEK FOR KEY
WEST AND HAVANA.
Leave Port Tampa Tuesday, Thurg
day, Sunday 11:00 p, m.
~For further Information address
B. L. TODD, Div. Pass. Agent
Montgomery
B. W. WRENN, Pasa. Traffic Mgr.,
Savannah, Ga.

The age-herald. [volume], June 12, 1901, Page 7, Image 7
About The age-herald. [volume] (Birmingham, Ala.) 1897-1902

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The age-herald. [volume], June 12, 1901, Page 7, Image 7
About The age-herald. [volume] (Birmingham, Ala.) 1897-1902