The age-herald. [volume] (Birmingham, Ala.) 1897-1902, August 02, 1901, Image 7

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The age-herald. [volume], August 02, 1901, Page 7, Image 7
About The age-herald. [volume] (Birmingham, Ala.) 1897-1902

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The age-herald. [volume] (Birmingham, Ala.), 02 Aug. 1901. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn86072192/1901-08-02/ed-1/seq-7/>

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"lilM MOW
STO MARKET
.ail Rebound Due to the Pro
fessional Operators
, -.i.....
. KO NEWS TO WORK ON
United States Steel Stocks Commanded
the Principal Attention, Going Up
Sharply From Wednesday’s
Depression—Bonds Lose.
New York July 1.—Today’s rebound In
prices when trading was commenced at
the stock exchange seemed to be one of
the usual fluctuations of a narrow pro
fessional market and was characteristic
ally lacking in any news to explain it.
There was some revision of sentiment
amongst the trades In accord with the
new movement, but this was as much of
an effect as a cause of a changed course
of prices. Having sold stocks for three
days w«hou*. any active participation on
the part of of ths outside public in the
market, the room traders began to feel
that their short lines were getting un
comfortably extended and they proceed
ed to buy stock* to cover. The United
States Steel stocks commanded the prin
cipal attention and rebounded sharplj
from yesterday's depression. There was
no news of any change in the stage of the
status of the strike situation when the
market opened, but traders have come to
the conclusion that they were unduly
pessimistic over the prospect of a settle
‘ment when they sold those stocks down
yesterday afternoon. So they bought
back what they had sold. The recovery
in those stockes had a dominant Influence
on the rest of the. list and on speculative
sentiment in general. In seeking for a
bull argument to move prices In the new
direction the recent strength of Norfolk
and Western and other bituminous coal
carriers offered a lead. That group of
stocks was accordingly bought and bid
up by traders and the movement spread
to the anthracite roads. The movement
ueemed to be based on the general con
sideration of the sound condition in trade
and periodical advances of 10 per cent,
per ton in the price of anthracite, which
goe«* Into effect today.
The distribution of dividends ancl in
terest today, including that on govern
ment bonds was looked to to provide
some demand for reinvestment. The con
tinued advance this morning in sterling
exchange seemed to foreshadow some
outgo of gold and this possibility was a
repressive influence on speculation. The
sterling exchange rate now stands at the
point at which the last gold was export
ed. The hlgest prices generally were
, mau<e before noon and the absolute fail
ure to attract any outside following,
prompted the professional to sell out their
holdings again and take profits. There
was no more news to account for the
reaction than there was to explain the
early advance The selling at first was
of insignificant proportion, but it was
found necessary in order to find market
for even the smallest blocks to continue
the concession, in the offered prices until
the first sales affected showed wide de
clines from the previous prices. United
States Steel more than lost its 2 point
rise and the preferred stock saved only
a small fraction. The notable gains at
other pints were reduced almost entirely
to fractions and numerous net losses were
established. The closing was dull and
heavy.
Business in ralroad bonds was small,
and there were recessions from the best
prices in the course of the day. Total
sales, par value. $065,000.
United States bonds were all unchanged
on the last call.
New York Stock Market.
By Private Wire to Murphy * Got.
Amer. Sugarlteflning..i5 141% 140% 140%
Atelhson .73% 74% 73% 73%
Atchison pfd . 95 96% 95 96%
Brook. Rapid Transit.. 76 76% 76 76
Copper .113% 114% 113% 113%
Chesapeake and Ohio .. 46% 47% 46% 46%
Erie . 37% 38% 37% 37%
L. and N.102% 102% 102 102
Missouri Pacific.97% 99 97% 98%
Met. Street Ry.167% 167% 167% 167%
People's Gas .114% 114% 114% 114%
Republic Steel .20% 20% 19% 19%
Republic Steel pfd. 75 75 74 74
Reading . 41% 43 41% 42%
Rock Island .139 140 139 140
St. Paul .160% 161 169% 160%
Southern Railway . 29% 30 29% 29%
Southern Pacific.55% 56% 55 55
Tenn. Coal andiron.... 63% 63% 62% 62%
XT. S. Leather.13% 13% 13% 33%
TJnlon Pacific. 99 99% 98% 99
U. 8. Steel . 43 44% 42% 42%
XT. S. Steel pfd . 92 93% 91% 91%
Western Union.92% 92% 92% 92%
Wabash pfd .39% 41 39% 39%
Amer. Car Co. 29% 29% 29% 29%
C. F. 1.96% 96% 96% 96%
Bonds.
United States refunding 2s reg . 107%
United States refunding 2s coupon.. 107%
United States 8s registered . 108%
United States S« coupon. 10S%
United States new 4s registered ... 137
United States new 4s coupon. 137
United States old 4s registered . 113
United States old 4s coupon . 113
United States 6s registered. 107%
United States 6s coupon. 107%
Virginia centuries . 93%
Financial
New York, August 1.—The Commerq^al
Advertiser's London financial cablegram
says:
Stagnation continued today In the mar
kets .fcere. Americans were almost for
gotten except Norfolk and Western Issues
which spurted sharply on the Idea that
Pennsylvania lntertats are increasing
their holdings wflth a view to control. The
rest of the list sympthlzed apathetically.
The market repaid large loans due the
bank and easy rates are returning with
the beginning of the month.
Berlin exchange 20.42.
Favorite—Moerlein Beer.
H. D. COTHRAN & CO.
Members of Chicago Board of Trade and
New Orleans Cotton Exchange.
Boon • 1 and * Alabama National Bank
Building. *
Trlvate leased wires to New York, New
Orl*niu and Chicagtx
GCTTOH, STOCKS AND6RAIN.
At! purchases and sales are made direct
on the exchange for which the order is
given.
Correspondents—J. H. Parker ft Co c
W. Lee ft Co.. Purnell, Hagaman ft Co
New York: Fairchild ft Hobson, New Or
leans; Ware ft Leland, Chicago.
Reference1—First National Bank of
Birmingham, First National Bank of
Rome, Ga.
TELEPHONE NO. 1141
Special attention given to orders over
telephone and orders sent from out of the
elty.
s
MURPHY & CO.
(Incorporates. *
ALABAMA NATIONAL BANK B'LD'B
Private Leased Wires Lirect to New
York, New Orleans and Chicago.
COTTON, STOCKS ^ GRAIN.
NEW YOKE OFFICE—*0. 61 BROADWAY.
Offices In principal cities throughout tbt
South.
Write for our Market Manual and booh
containing Instructions for traders
Phone No. M2.
John M. Caldwell. George B. Ward.
CALDWELL”* WARD
INVESTMENT SECURITIES,
2015 Flr«t Avenue.
References: The Banks (of Birmingham.
Money loaned on local stocks and bonds. :
J. T. SLEDGE. Pres., Memphis, Tenn.
VIRGIL RANDOLPH, Vlce-Prea. 9t Louis
0. A. ALLEN, Sec. & Treas., Birmlnghsm.
HEDGE COMMISSION COMPANY
(INCORPORATED)
202/ FIRST A VENUE.
.Commission Brokers.
Cotton, Stocks, Grain and Provisions
Private leased wire dlred| 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 otit of the city.
Chicago ’Chang*.
Chicago, August 1.—The grain trade was
upset today by the suspension of the
Phillips Company, which resulted In sharp
covering and a swift advance late In the
session. September corn closed 2%<®2%,
September oats %®% and September
wheat %c higher. Other Influences con
tributed to the advance. Provisions
closed 5 to 32%c up.
The leading futures ranged as follows:
Articles. | Open.i fllgh | Low. | Close.
Wheat— | | ~ | |
August.j 67*41 68 | 66%| 68
Sept .| 6S%| 69%| 67%| 69
Dec .| 70%| 71%| 69%| 71%
Corn- I I | |
Sept.| 66 | 58 | 55% | 68
Oct.| 66% | 58% | 66 | 68%
Dec.| 57 | 69 | 56%| 69
Oats- | | |
Sept .| 35%| 35%| 34%| 35%
May .| 37%| 37%| 38%| 37%
Mess Pork |
Sept .| 14.10 | 14.40 | 14.00 | 14.40
Jan.| 14.80 | 15.02%| 14.80 | 16.02%
Lard- I I I I
Sept .j 8.70 | 8.76 j 8.70 | 8.75
Oct.| 8.72%| 8.82%| 8.72%| 8.82%
Jan.| S.72%| 8.80 | 8.70 | 8.80
Short Ribs I I I I
Sept .| 7.87%! 7.95 | 7.87%| 7.95
Oct.| 7.92%! 8.00 | 7.87%| 8.00
Jan .| 7.72%| 7.90 | 7.72%| 7.90
Cash quotations were as follows:
Flour steady.
No. 3 spring wheat 66(1267; No. 2 red 68%
(568%.
No. 2 corn 67; No. 2 yellow 55%(057.
No. 2 oats 34%; No. 2 white 36%@36%; No.
3 white 35%®36%.
No. 2 rye 55%.
No. 1 flax seed $1.85; No. 1 Northwestern
$1.85.
Prime timothy seed 6.16.
Mess pork, per bbl, 14.30(®14.S6.
Lard, per 100 Is, 8.67%.
Short ribs sides, loose, 6.88108.00.
Dry salted shoulders, boxed, 7%(07%.
Short clear sides, boxed, 8.30(08.40.
Whiskey, basis of high wines, 1.29.
On the Prrduceo Exchange today the
butter market was flrm; creamery 14%(02O;
dairy 13(017. Cheese steady at 9%®10%.
Eggs flrm; fresh 13@13%. .
Money on Call.
New York, August 1.—Money on call
steady at 2@3 per cent; last loan, 2 per
cent: prime mercantile paper, 4%(05 per
cent; sterling exchange flrm with actual
business In bankers’ bills at $4.87% for de
mand and a.t $4.86% for sixty days; posted
rates, $4.86 and $4.88%; commercial bills,
$4.84%@4.85.
Bor silver, 58%c; Mexican dollars, 46c.
Government bonds steady; state bonds
Inactive; railroad bonds firm.
Treasury Statement.
Washington, August 1.—Today’s state
ment of the treasury balances in the gen
eral fund, exclusive of the reserve, shows:
Available cash balance, $117,368,876. Total
expenditures .this day and this month,
$2,046,000; total expenditures this year, $54,
362,690.
The Coffee Market.
New York, August 1.—Coffee—Spot Rio
markets quiet; No. 7 invoice, 8%; mllo,
quiet; Cordova. 8(011%.
Tho market was much steadier today
and closed with a net gain of 6 to 10
points. The market opened steady with
prices 10 points higher on covering and
a fair room demand with better advice*
from foreign speculative markets. Re
ceipts In the crop country were bearlsh
ly proportioned but the trade had dis
counted a heavy movement and the effect
upon sentiment was slight. Brasilian
markets were weak and lower, but were
offset to a considerable extent by a high
er rate of exchange at Rio. The busi
ness transacted locally was the heaviest
noted In some time, amounting to 41,250
bags.
Toward the close the market eased off
a partial 6 points under room profit tak
ing, but was finally steady.
Sales Included August at 4.85; Septem
ber, 4.90(04.95; October. 4.96@6.00; Novem
ber, 6.00®5.06; December, 5.1005.16; March
6.35; May, 5.4005.45; June, 6.60.
Live 8toek Markets
Chicago, August L—Cattle receipts 15,
000 Including 116 Texans. Fancy beeves
steady. General market 10 to 20 cents
lower. Good to prime steers,5.50@6.35;
poor to medium, 4.4006.40; Stockers and
feeders, 2.6004.40; cows, 2.7504.65; heifers,
2.3506.00: eanners, 1.2502.30; bulls, 2.50®
4.60; calves, 3.0004.75; Texas steers, 8.00®
4.55.
Hogs—Receipts 24.000. Active and steady
to 5 cents higher. Mixed and butchers,
5.50®6.95; good to choice heavy, 5.8505.06;
rough heavy, 5.3006.75; light, 5.5006.70;
bulk of sales 5.6606.90.
Sheep—Receipts 15,000 Sheepp slow
lower; lambs, choice strong; others dull.
Good to choice wethers. 3.7604.26; fair to
choice mixed. 3.2503.75; Western sheep,
3.2503.85; yearlings 4.0004.35; native lambs
2.2506.40; Western lambs, 4.3605.40.
The Metal Market
New York. August 1.—Tin nominal, $27.
35- copper unchanged, 16H®T1; lead, dull
and unchanged, *4.3744: spelter, quiet, *3.90
@3.96; pig Iron, warrants 9.50@10.00.
Mrs. Winslow’s Soothing 8yrup
the best remedy for DIARRHOEA Sold
by druggists in every part of tbs world.
Be sure and ask for "Mrs. Winslow's
Soothing Syrup," and take no other kind.
Has been used for over FIFTY YEARS
by MILLIONS of MOTHERS for thslr
CHILDREN WHILE TEETHING, with
PERFECT SUCCESS. It SOOTHS the
CHILD. SOFTENS the GUMS, ALLAYS
all PAIN. CURES WIND COLIC, and Is
Twenty-five cents a bottle.
IF YOU GO AWAY FOR THE
8UMMER
you should have Tne Age-Herald sent
to you. We will change your address
as often as you like; Just drop us a
postal. Subscription price, mailed to
any address, 65 cents a month.
Why drink inferior Bottle
Beer when you oan get
Lemp'8.
■WBM ■ ~ - . . !
Prices Went Slightly Upward
and Closed Steady
LARGE DEMAND FOR SPOTS
Toward Midday Business Broadened
Out and a Substantial Advance In
Pricea Was Scored—Hard
ened at the Close.
New York, August 1.—The cotton market
opened quiet with prices one to three
points higher, and for a time bid fair to
follow an extremely narrow course with
speculation confined to smaller limits than
at any time of late. Toward midday busi
ness broadened out quite rapidly and
prices worked up sharply. While there
was some reaction later, the general un
dertone of the market was steady. There
were good rains reported In Arkansas,
but over the rest of the drouth region of
the West the weather was very unfavora
ble to the crop. The forecast gave very
little hope of an early break in the dry
spell, while crop advices were gloomy In
the extreme. Shoddlng. stunted< growth,
blooming at the top and withering of the
leaves were frequently complained of. The
mortthly corn condition statement of the
Journal of Commerce made a bullish im
pression, showing a decline of 1.7 In the
average condition to 76.3. Receipts at the
ports were again slim. In the last halt
hour the market hardened on rumors that
a large demand had developed for spot
cotton. Shorts were the leading buyers
on the advance. The close was steady
with prices net six to eight points higher.
New Tork, August 1.—Coton dull; mid
dling, 8 l-16c; net receipts, 250; gross re
ceipts, *26; sales, 81,770; stook, 17,861.
Total today: Net receipts, 2,107; exports
to the continent, 3,850; stock, 332,720.
Consolidated: Net receipts, 19,904; ex
ports to Great Britain, 7813; exports to
France, 1600; exports to the continent, 38,»
800.
Total since September 1; Net receipts,
7,441,239; exports to France, 722,646; ex
ports to the continent, 2,546,173.
New Orleans Cotton Market.
New Orleans, August 1.—The market for
spot cotton was very quiet today. Holders
are asking full board figures for their
offerings of the lower grades—but they
are not getting them. Buyers generally
consider prices Vi below the quoted range,
a fair level for offerings of that charac
ter and refuse to take the goods except
non the basis of a definite decline. This
position is resisted by sellers, and as the
two elements are antagonistically Inclined
the movement Is resultantly meagre.
Sales, 460 bales. Quotations reduced 1-16.
The market for contracts was utterly de
void of interest today and the volume of
business transacted might well have been
crowded into thirty minutes' spacs of
time during an active period. The trade
seems to have settled down to the task of
waiting for the bureau reports and the
announcement of crop conditions at noon
n Monday next. The market opened 2 to
4 points down and was sluggish for a
time, but strengthened up later and closed
7 to 9 points above yesterday's closing
prices.
New Orleans, August 1.—Cotton easy;
■ales, 460; ordinary, 6 13-16; good ordinary
6%; low middling, 7 5-16; middling, 8 1-16;
good middling, 8 7-16; middling fair, 8
11-16;. Receipts, 688; stock, 70,408.
Consolidated statement; Receipts, net
19,984; exports to Great Britain, 7813; to
France, 1700; tb the continent 28,800; stock
352,720.
New Orleans, August 1.—Cotton futures
steady; August, 7.7607.80; September, 7.36
@7.37; October, 72.207 23: November, 7.220
7.23; December, 7.2807.24; January. 7.250
7.27; February, 7.2707.29; March, 7.3007.32.
Dally Statement.
Galveston—Quiet; middling, 8Vi; sales,
4; receipts, 533; stock, 43,384.
Mobile—Nominal; middling, 8; receipts,
2; stock, 6170.
Savannah—Quiet: middling, 8; sales, 32;
receipts, 322; stock, 17,640.
Charleston—Nominal; middling; 8; re
ceipts, 3; stock, 1945.
Wilmington—Quiet; middling, 8V4; re
ceipts, 12; stock, 2821.
Norfolk—Steady; middling, 8Vi; sales,
121; receipts, 466; stock, 14,882.
Baltimore—Nominal; middling, 8Vi; re
ceipts, 136; stock, 2796.
Boston—Dull but steady; middling, 8
1-16; receipts, 796.
Philadelphia—Quiet; middling, 8 6-16;
stock, 1642.
St Louts—Steady; middling, 8; sales,
60; receipts, 766; stock. 49,770.
Memphis—Quiet; middling, 8; heoelpts,
173; shipments, 1199; sales, 100; stock, 20,
403.
Liverpool Cotton Market
Liverpool, August 1,—Cotton—Spot,
moderate business; prices lower; Ameri
can middling. 4 13-S2d. The sales of the
day were 6,000 bales, of which 600 were for
speculation and export and Included 7,200
bales American. Receipts, 4,800, Including
4,800 bales American.
Futures opened quiet and closed steady
and quiet. American middling, low mid
dling class: August, 4.1604.17 sellers;
August-September, 4.14 buyers; Septem
ber .4.04 buyers; good ordinary class: Oc
tober?. 4 7-16 sellers: October-Novcmber,
4.5-6404.6-64 sellers; Novsmber-December,
4 4-6404 6-64 sellers; December-January,
4 4-6404.5-64; January-February, 4 4-640
4 6-64 buyers; February-March, 4 5-64 buy
4 5-64 buyers; February-March, 4 6-64 buy
ers; March-Aprl, 4 6-64 sellers.
Dry Goods Market.
New York, August 1.—Buying of heavy
brown sheets and drills Is llmUted, but
several sales made for export at full
prices. Bleached cottons In moderate re
quest; low grades In best demand. Ducks
and brown quiet. Denims and ticks quiet
but firm, and other coarse colored cottons
steady Prints and ginghams steady,
with average business. Hosiery and un
derwear for spring quiet and barely
steady. Silks are Arm, with demand mod
erate.
Cotton Letter.
: Lee's Cotton Letter to H. D. Cothran A
Co.
New York, August 1.—As was to be ex
pected, the cotton market recovered In
half an hour what had been lost In two
or three days’ trading. Had the course
been the other way and an advance for
three days, a loss of the gain could have
been looked for In about the same length
of time. This Is the usual way a market
marks 'time and the week’s business will
doubtless revtal very little progress made
In any direction. Everybody Is satisfied to
let the market drag until the government
report on Monday. There Is absolutely
nothing In the situation beyond this wait
ing. Trading today was even more limit
ed than yesterday and at this rate the
business of the week will prove the small
est of the season. The Inducements to
trade are few and scalpers And nothing In
the outlook to encourage speculation.
No one Is Inclined to short cotton as long
as the progress of the crop Is so uncertain.
DR. Y. E. HOLLOWAY
Physician and Surgeon.
Three-fourths of
the persons who
Come to me to f«t
cured of Syphilis,
Gonorrhoea, Gleet.
Stricture, Lest
Manhood and other
private diseases
have tried to set
well by u*ln* oth
er means. "W hy net
. come as soon as
> you and that you
are afflicted? It
will not only save you distressing P“m
and valuable time, but will cost you loss
money. There is also a satlstaotton la
knowing that the very besx possible treat
ment Is being given to you by a compe
tent physician, who has experience >“
such matters, and Is capable of curing
you In the qv asi and most P*”™
manner possible. I have treated private
diseases as a specialty to- the past Of"
teen years In the city ot Birmingham, ana
I am therefore known to a great many.
But If you are not acquainted with raa
I refer you with permission to First Na
tional Bank, Alabama National Bank,
Jefferson County Savings Bank and
Steiner Bros., Banker*, as to my respon
sibility for my contracts. I cure many
patients by mall treatment. Write for
price* and terms Address Dr. Y. B. Hol
loway, lSOltt Second avenue, Birmingham*
Ala.
Office, Second avenue and Eighteenth,
opposite postoffice.
Office Hours—1:30 s. m. to 6:* * **•
Sunday* 10 a. m. to It m.
A few days bad weather In August would
have more sentimental effect on the mar
ket and a greater Influence on prices than
the July developments The crop has
been Injured by drouth, it remains to be
seen to what extent and also to what ex
tent rains that have fallen will Improve
the section where damage has been the
most severe. That some parts of the belt
are In good condition Is seen In the selling
that (takes place each day. but there Is
nothing In the crop situation as a whole,
with August and September sail to be en
dured, upon which to sell cotton for a
decline In price. There was practically
no business from start (to finish. It Is still
a waiting market.
New York Cotton Futures.
By Private Wire to H. D. Cothran 4k Ca
January .7.16 L43 74M LE
February. 7.42
Maroh .7.39 743 7.39 7.42
April . 7.47
August .7.16 7.21 7.14 7.21
September.7.21 7.26 7.21 7.26
October.7.29 7.33 7.25 7.33
November.7.29 7.36 7.29 7.35
December.7.33 7.37 7.30 7.37
Cotton Letter,
By Private Wire to Sledge Commission
Company.
Birmingham, Ala., August 1.—The wea
ther map showed good rains In Arkan
sas last night. 1.72 at Preacott; 1.40 at
Malvern, and 1.41 at Pine Bluff. At the
same time Texas showed 0.80 at Fort
Worth; .20 at Longview; .15 at Dallas;
.80 at Paris; 2.68 at Palestine; .13 at San
Maroos; .16 at Temple; 1.36 at Tyler, and
.03 at Weatherford. But there was no
rain In the douth stricken section of note
and the forecast Indicated no relief. The
Journal of Commerce in its monthly re
port showed the condition of the cotton
crop at 76.3 against Its report of 77 on
July 1, and this was regarded as bullish.
There was nothing in Liverpool cables
that market being about a stand off on
futuhes and down l-32d. on spots on sales
of 8000 bales. New York opened 1 to 3
hlgeher and then rose 3 to 6 points addi
tional on a light covering demand. Spec
ulation was stagnant however and prices
later receded slightly under absence of
support. The close was 6 to 8 points ad
vance. Everybody 1b waiting for the bu
seau and a scalping market may be ex
pected until that time.
Murphy & Co.’s Grain Letter.
Chicago, August 1.—Wheat—The market
opened steady. There was some disap
pointment In the foreign reports. English
markets showing a rather dull undertone
and the Paris market was weak at the
close. There was some little buying of
wheat on the strength In corn, but thlB
seemed to be more than offset by some
selling of wheat by foreign bouses. The
movement of winter wheat continues 11b
tral. Wheat was strong with com and
large export business.
Corn—The com market was moderately
active and again firmer, selling up t4®%c;
there was not a great deal of oorn for sale.
The Price Current has reduced Its esti
mate to 1,600,000. and estimates of 1,600,000
to 1,600,000 bushels are frequent, although
there are plenty who believe In a lower
out turn. Estimates at present, however,
are mere guess work, simply representing
opinion, and only full Investigation after
the actual condition. Com was weaker
In the afternoon, with some country sell
ing reported. Phillips of Chicago has
transferred his trades to McReynoIds &
Co., owing. It is said, to a desire (to
straighten out accounts. He was reported
long 1,000,000 buehels on corn. One state
ment says that .trades were all settled. The
market was excited and very strong on
Missouri reports showing condition of .21,
Indicating crop of 94,000,000 vs. 180,000,000
bushels lart year.
Provisions moderatlve active. Live stock
higher; showed but slight change with
fair receipts. Provisions closed quiet.
THE LOCAL MARKETS
Local Cotton MarkeL
Good middling. 7at
Middling . 744
Strict low middling . 744
Local iron MarkeL
IF .m.00@tll.2S
2F .10.50® 10.75
*F . 10.00
4F . 9.50® 9.75
Grey forge . 8.60
IB .11.00® 11.25
28 . 10.50® 10.75
Local Stocks and Bonds.
Corrected Dally by Caldwell & Ward,
Bankers, 2015 First Ave. Tele
phone 75S. (See Card.)
Bid. Ask'd.
Alabama State bonds, class A..106 109
Alabama State bonds, class B..106 109
Alabama State bonda, class C..102 107
Alabama State bonds, .funded ..109 112
Alabama National Bank .100 •
Ala. Trust and Savings Co.100 •
Avondale Land Co . 60 75
Ala. Steel and Ship Bldg bonds.. 95 10Q
Avondale mills . .... 75 85
Auditorium . 35 «5
Berney National Hank .46 *
Bessemer L. and I. Co. stock.. 15 20
Birmingham Ice Co. 60 75
B’ham Realty Co. com. stock.. IS 27
B’ham Realy Co. pfd stock.... 85 TO
B’ham Realty Co. mort. bonds.. 80 is
B’ham Realty Co. prior lien bds. 98 105
B. R. and B. Co. bonds .-.100 105
B’ham Trust and Savings Bk...ll5 125
B’ham Water Works bonds ....108 115
East Lake Land Company . 80 40
Near Bnsley .,, .106 115
Old Bnsley . 4 «
First National Bank .180 175
Hotel Hillman Co. I 75
Indian Head Cotton Mill . ! 60
Jefferson County Bonk .100 106
North Birmingham Land Co— 10 1*
People’s Savings Bank .106 •
Sloss-Sheffield 1st mort .108 111
Sloas-Sheffleld 2d mort . 84 88
Sloss-Sheffield common stock... 82 34
Sloss-Sheffleld preferred stock.. 7* 80
'None offered.
INo bid.
Birmingham City BoMa.
Birmingham city bonds can be bought
on a 4(4 or 4% per cent basis.
9
STATEMENT OF
The FIRST NATIONAL SANK of Birmingham, Ala
(UNITED STATES DEPOSITARY.)
At th* close of business, July 15, 1901, as rendered to the Comptroller of
the Currency.
RESOURCES
Loans and Discounts.$2,083,542.09
Overdrafts. 1,047.04
U. 8. Bonds. 106,000.00
Other Stocks and Bonds.. 12,250.22
Bank Building. 51,000.00
cash
In Vault ....$ 421,474.33
With Banks . . 1,157,392.62
W ith U. S. Treas
urer . 3,335.90
1,582,206 85
$3,836,046.20
LIABILITIES
Capital Stock.$ 250,000.00
Surplus and Profits.. •••• 149,338.02
Circulation.... . 50,000.00
• DEPOSITS
.ndlvldual.. ..$2,847,563.43
^ank. **89,144.75
U. S. 50,000.00
3,386,708.18
$3,836,046.20
N. £, Barker, President; J. H. Woodward, Vice-President: W. P. O.
Harding, Vice-President; J. H. Barr, Cashier; W. W. Crawford, Assistant
Cashier.
DIRECTORS—T. T. Hillman, E. M. Tutwller, B. F. Moore, F. D. Nabors,
Robert Jemlson, Ersklne Rameay, P. M. Jackson, T. H. Molton, Wm. A.
Walker. W. 8. Erowr, N. E. Barker, W. P. Q. Harding.
the ALABAMA NATIONAL BANK
—OF BIRMINGHAM, ALA.—
Reported to the Comptroller, July 16, 1901.
RE80URGE8.
Loans.$ 727,940.16
TJ. S. BondB. '50,000.00
Premium on Bonds. 1,500.00
Stocks and Bonds. 40,600.00
Real Estate. 71,160.00
Due from U. S..$ 2,500.00
Due from
Banks.161,201.07
Cash In vauit... 200,312.22 364,013.29
$1,255,103.45
LIABILITIES.
Capital block.$ 200,000.00
Surplus and Profits. 18,892.68
Circulation... 50,000.00
DEPOSITS.
Individual .$926,246.36
Banks. 59,964.41.. 986,210.77
$1,265,103.45
J. B. COBBa. President. H. H. MAYBERRY, Vico President.
W. A. PORTER, Cashier. S. McGAUQHY, Assistant Caahler.
C. M. WILLIAMSON, Aeaietant Caahler.
DIRECTORS—J. B. Cobb*. H. H. Mayberry. B. F. Roden, W. C. Ward, J. H.
Robinson, C. S. Simmons, E. W. Rucker.
1^——————UM—»
BIRMINGHAM TRUST AND SAVINGS COMPANY
ORGANIZED DECEMBER 8TH, 1887.
Statement o\ Condition, July 15, 1901.
ASSETS.
Loans and Discounts.. ..$1,242,637.28
Stocks and Bonds........ 74,624.70
Real Estate and Fixtures.. 66,821.31
Cash In vault and with
Banks. 994,924.53
$2,379,007.82
LIABILITIES.
Capital Stock.$ 500,000.00
Surplus and Profits...... 116,321.01
Dividends uncalled for.... 327.00
Deposits... ... . 1,762,359.81
$2,379,007.82
OFFICERS—Arthur W. Smith, President; Tom 0. Smith, Csshler; W. H.
Manly, Secretary and Assistant Cashier.
DIRECTORS—James T. Woodward, James Bowron, J. M. Caldwell, S. L.
Earle, W. H. Kettlg, Alex T. London, W. T. Northington, Arthur W.
Smith, James Spence, R. A. Terrell.
Fruit ana Produce.
Butter—Clover Hill, pound prints. 25a;
Elgin (standard), 29c; best creamery, 26o;
Mississippi, best grade. 20c; good country,
14019c: mined country. 10c.
Potatoee—Per bushel, f *1.
Bananas, Pur Band)—Cauls. 60075 oent;
straights, $1.2501.60.
Eggs—Pet P-.zen, 1114c.
Lemons—Per box, $5.0006.00.
Oranges—Per box, 12.7503.26.
Poultry—Best friers, 20c; medium, 18c;
hens, 25c; Pekin ducks, 30036c; puddle
ducks. 20O25c; turkeys on foot, 8®8c;
drawn, head and feet off, 12!4c.
Onions—Per pound, 2c.
Cabbage—Per pound, 214c.
Lima Beans—Per pound, ?OTHa
White Peas—Per bushel, 82.60.
Dried Apples—Per pound, 41409140.
Local Staple Groceries.
Flour—Beet patent, 94.50; Hugley’s best,
(4.96; Tennessee patent, 84.40; half patent,
18.86.
Sugar—Granulated. 5%e; T. C.. 544c.
Coffee—Green 10016c, Arbuckle's pack
ages. 811.30; Lion packages. $11.30.
Cheese—Jrrw York full cream, 18$4c.
I,ard, 914c basis.
Meats—Clear rib sides, 834c: bacon bel
lies 1014c; dry salted bellies, 9Hc; best
hams, 12A4c; four X hams, 12!4o; Cali
fornia hams. 9c; breakfast bacon, He.
Molasses—Centrifugal, 16085c; sugar
house, 20035c; Georgia cane, 39c.
Bice—Per pound. 414c: fancy. 7a
Corn—Mixed 76c, white 80c.
Meal — Jim Dandy $1.36, water ground
$1.33.
Hay Per Ton—Choice timothy, $20.00;
No. 1, $18.60; clover mixed, $17.50, prairie,.
$11.50.
Oats—Mixed, 48c; white, 60c.
Cotton Seed Meal—Per ion $22 00.
Bran—Mixed $18.50, pure wheat $20.00.
GOING AWAY h -THE SUMMER?
If so, you should have Alabama’s
only seven-day paper sent to you. We
will change the addrese as often as
you like. Subscription price by mail
65 cents a month.
THE PAN-AMERICAN EXPOSITION
Buffalo, May to November, 1901.
Only one night out via Queen and Cres
cent Route (Alabama Qreat Southern!
through Chattanooga, Cincinnati and
Rlong the lake ehore. Choice of routes
via Lake Erie or rail between Cleveland
and Buffalo, going or returning.
The Pan-American Special—Double
dally trains, convenient and quick sched
ules. Through Pullman sleeper New Or
leans to Buffalo. "Look at the sched
ules:
Pan-Amerl- Q. & C.
can Special. Limited.
Lv Meridian .2:46 p.m. 1:30 a m
Lv. Tuscaloosa.6:15p.m. 4:00 a.m.
Lv. Birmingham —6:60 p.m. 6:46 a.m.
Lv. Attalla.8:15 p.m. 7:16 a.m.
Lv Chattanooga.. ..10:40 p.m. 10:00 a.m.
Ar Cincinnati.8:10 a.m. 7:80 p.m.
Ar. Buffalo .7:80 p.m. 10:30 a.m.
Like fast schedules returning south
bound. Dining, cafe, parlor and observa
tion cars on all through trains.
Greatly reduced rates have been au
thorized for this occasion. '
Rates, printed matter and other In
formation cheerfully furnished on appli
cation. J. C. LUSK,
Traveling Passenger Agent,
6-19-tf Birmingham. Ala.
Invigorating and refresh
ing— Moeriein Beer.
See the daneing marvels at
East Lake.
: ■ ..LLL. . A
BIRMINGHAM AND ATLANTIC RAIL
ROAD COMPANY.
Schedule Effective July 7, 1901.
~WE8T BOUND.
| No.T | No. 8.
Lv Talladega.| 8:10 am| 4:00 pm
Ar Pell City .| 9:80 am| 6:28 pm
Lv Pell City (Sou. Ry)....|10:40 amj..
Ar Blrm’ham (Bou. Ry). ,|12:00 am|10:00 pm
Ar Anniston (Bou. Ry)...|.j 6:36 pra
EAST BOUND.
! NsriTxsrr
Lv Blrm’ham (Sou. Ry)..| 6:00 am| 4:10 pm
Ar Pell City (Bou. Ry).. 7:18 am| 6:28 pm
Lv Pell City..) 9:40 am| 6:40 pm
Ar Talladega. .(10:69 am| 6:63 pm
"Quickest route between Talladega, Bir
mingham, Anniston and easter'r, and west
ern points. Bee that your tickets read via
the Birmingham and Atlantic Railroad.
JOHN C. SOLEY, Gen. Manager.
W. L. LAW, Superintendent.
Central of Georgia Railway
Effective June 23, 1901.
EASTBOUND.
| No. 1 No. 4
| Dally. Dally,
Lv BtrmlngfiamT^ .| 6:80 am| v.ub pm
Ar Chlldersburg.j 8:06 amj 6:86 ) m
Ar 8y’.acauga. .{ 8:30 um| 5:56 pm
Ar Talladega.13:38 pm|
Ar Anniston. 1:46 pmj
Ar’Goodwater.| 9:07 amj 6:28 pm
Ar Alexander City .| 9:33 am| 8:56 pm
Ar Dadevllle .|10:13amj 7:29 pm
Ar Camp Hill .|10:S8 nr-| 7:47 pm
Ar Opelika ...|ll:30nm| 8:25 pm
Ar Columbus.|12:20 pni| 9:20 pm
Ar Fort Valley.I 3:10 pm!ll:45 ym
Ar Maoon .I 4:06 pm|12:40 am
Ar~Amerlcus (ex. 8un)...|.|ll:85am
Ar Amerlcus. via Fort |
Valley.10:00 pm| 6:10 am
Ar Albany.11:10 pm| 7:30 am
Ar Augueta . | 6:45 am
Ar Savannah. | 7:00 am
arrivals!
No. 1 from Macon, Albany. Columbus,
Opelika, Amerlcus, eta, 8:20 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 Nos. 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 Aeent
E. H. HINTON. Traffic Manager. Sa
vannah, Ga.
Ala. Great Southern R. R.
Shortest and quickest line to Cincinnati.
Louisville and ths North; also to Shreve
port, New Orleans, Texas and all points
Southwest.
Schedule In Effect May 19, 1901.
L ._I No. 3. | No. 1.
Lv Birmingham .. 10.00 am|10:l6 pm
Ar. Meridian . 2:10 pm| 2:30 am
Lv Meridian . 2:20 pm| 2:40 .am
Ar New Orleans . 8:10 pmj 8:30 am
Lv Meridian.10:65~ amT^a^Tim
Ar Jackson. 2:20 pm| 6:29 am
Ar Vicksburg.. . 4:06 pmj 6:50 nm
Ar Monroe. 7:21 pm| 9:56 am
Ar 8hreveport.10:40 pm|13:45 Dm
DOUBLE DAILY SCHEDULE_TO_CIN.
CINNATL LOUISVILLE AND
LEXINGTON.
__r No. 1 | No. 4.
Lv Birmingham .f~ 5:« am 6:50 pm
Ar Chattanooga.| 9:40 am 10:30 pm
Lv Chattanooga .(10:00 am 10:40 pm
Ar Cincinnati .I 7:90 pm S :05 am
Ar Louisville .| 7:40 pm| S:I0am
No. 2 solid vestlbuted train carries Pull
man Drawing Room Sleeping Cars Bir
mingham to Buffalo and from Bir
mingham to New Tort without change
Cats and Observation far Attslls, Ala.'
to Radford, Va., and Cbattanooga to Cin
cinnati.
No. 4 carries Pullman Drawing Room
Bleeping Car Birmingham to Louisville
and Pullman Dra»‘ug Boom Bloenlng ,-Hr
New Orleans to Cincinnati. Dining Cat
New Orleans to Chattanooga.
No. 6 leaves Birmingham at 4:30 p. m
arrives at Meridian at »:55 p. tn. ’
No. 6 leaves Birmingham at 4:40 p m
arrives In Chattanooga at 9:37 p. m!
No. 1 solid vestlbuled trei- has through
Pullman Sleepers Blrmwignsm to Ne«
Orleans and Birmingham to Slirevepo-t
Dining Car, serving meals a la cart?
Vicksburg to Shreveport. Direct connect
tlon at Shreveport with lines diverging
for Texas. Mexico, California and the
West
No. 3. Solid vestibule train carries Pull
man Drawing Room Sleeping Car Cincin
nati to New Orleans, also Pullman Sl?4p
er Louisville to Birmingham; Dining Car
Chattanooga to New Orleans. Direct con
nection at New Orleans with lines diverg
ing.
PRANK S. GANNON. General Mana
ger. -Washington. D. C.
S. H. HARDWICK. O. P. A.. Washing
to.i, D. C.
C. A. BEN8COTER. A. G. P. A.. Chat
tanooga. Tenn.
J. C LITSK. T. P. A- Birmingham, Als
A solid week of mirth a'
East Lake Theatre
RAILWAY SCHEDULES.
In Effect May 19. 1901. at 12:01 a. m.
Arrival and departure of all trains at
Union Faaaenjrer Station. Birmingham.
Ala. Louisville and Nashville Railroad.
L. A N—North.
| Arrive. | Depart.
•No. 2, East Mall, N. 0.|11:69 am|12:19 pm
•No. 4, East Mail, N.O...| 9:12 pml 9:20 pm
!No. 8, Decatur Accom..|.| 4:10 pm
INo. l'A M l f ry Accom.| 7:30 pm|
South.
i Arrive. | Depart.
•No, 1. Fast Mall. Cln...| 8:25 ami 9:33 am
No. 7. Decatur Accom...| 8:66 ami.
•No 3, Feet Mall, Cln..| 8:46 pm| 4:06 pm
^io. 9 to Mert*omery...| i 5:26 am
SiSMlhWHAM MINE RAI_NorthT
| Arrive,
•No. 40. East Mall, Blocton.11:06 am
•No. 42, East Mall, Blocton. 3:00 pm
INo. 46, East Mall. Oneouta.18:29 pro
South.
... .. I Depart.
No. <1 to Blocton.j 6:36 am
*20- <’• ln Blocton.I 2:80 pm
INo. 4a to Onsonta^.j 2:66 pm
A. OT S^Northi
^O.iraMMall.N.o.'lt«M:
*• Pati-Am. Special..| 6:46 pml 0:60 pm
no. 6, Meridian Accom..|12:25 pm| 4:40 pm
South.
, . I Arrive. | Depart
• w 5' £rnm Cincinnati.|10:06 pmllO'.lO pra
.Ct° Pan-Am. Special..! 9:86 am|10:00 am
no. 6, Chattan'aa Ac'm.112:45 pm| 4:90 pm
SO. R. R.—North, Enat, 8outh^Wemt
« fI?m B'oeehur*. Ac.... 8:10 am
.w 2?’ lrom 0e,ma. 9:45 pm
S’ Irom Waph!naton.12:00 noon
2?' from Mlssla®>PP<.I 4:00 pra
» ‘.rom w»«hln«rton.110:00 pro
MlaHlesipul. 5:30am
No' “• trom Mobile and Selma 5:30 am
„ Depart
•i.0' l. to Bloosbunt. Accom.. 4:50 pm
"•.'"Selma. 1:80 am
.w « t0 M,s»,««'PPi .112:60 pm
2?' ,0 'v'a|ff'lr:grton.| 4:10 pra
S' "'«lB»|PPl.110 20 pra
•K-« «' 1° "rR*hln*ton.I 4:t0 am
•No. a, to MohUe.150:30 pra
K. C., M. A B.—EaaTi ‘
... _ „ Arrive.
•No. 5, Southeastern Limited. 3:35 pm
w10' o’ ™w Tork ErPres". 6:50 am
no. 7, Winfield accommodation.. 10:00 am
Past Line to Kansas City.
„ _ | Depart
!’ Southeastern Limited .112:80 pm
•4,™”v Tork ExPre®3.|10.20 pm
No. 8. Winfield Accommodation .I 4:90 om
CENTRAL OFGEORG1A—East
... I Depart
NO. 3, to Savannah./ 8:90 am
«o. 8, to Columbue.I 4:0f oa
Witt
I Arrive.
•No. 1, from Macon .| 9:20 am
•No. 9, from Savannah .. .112:20 pm
Trains marked thus (•) run aally. Thus
C) dally, except Sunday.
Southern Railway Co.
The Great Highway of Travel Norttv
East, South and Wost -
Schedule in effect January 13, ijol ^
KABTBOUND. ~
. No. 38. | No. 36.
Lr Birmingham.. .. ... 6:00 ami 4:10 pm
Lv Anniston. 8:10 nm| 0:23 pm
Lv Tallapoosa. 8:32 am| 7:66 pm
Lt. Atlanta .11:00 n |ii:» pm
Lv Atlanta.12:00 pm 11:63 pm
Lv Charlotte. 8:18 pm 8:60 am
Ar Danville.111:53 pm 1:83 nm
Lv Danville. 1:04 am' 1:44 pm
Ar^ Richmond. 03)0 am 8:25 pm
Ar Washington. 6:42 am 8:60 pm
Lv Washington. 7:00 am|10:00 pra
Lv Baltimore. 8:00 am|U :25 pra
Lv Philadelphia .|10:16 am| 2:56 am
Ar New Yolk.112:43 pm| 6:28 am
Ar, Bostop .| 8:00 pm| 8:00 pra ■
No. 88, "Washington and Southwestern
Limited.” solid vestlbuled train, Atlanta
to Washington; Pullman sleeping ear,
Birmingham to New York; also Pullman
library observation car. Atlanta to New
York. Dining car east of Atlanta.
No. 36, "U. S. Fast Mall," carries Pull
man sleeping cars Birmingham to Rich
mond, Va., via Atlanta; also sleeper At
lanta to New York. Cafe car Birming
ham to Atlanta, regular.
Dining car east of Atlanta.
7 ( No. 88. | No. 3«.
Lv Birmingham .| 6:00 am| 4:10 pm
Lv Atlanta.12:06 pm|10:45 pm
Ar Macon. 2:26 pmjl2:65 am
Ar Helena. 4:45 pm| 3:08 am
Ar Jesup. 8:60 pmj 6:20 am
Ar Brunswick. 8:35 pmj 7:15 am
Ar Jacksonville, Fla.. .. I 8:30 am
Ar Savannah.112:20 am| 8:80 am
WFSTBOCfNjrv
r No7 87. 1 No. 88.'
Lv Birmingham .10:20 pm|12:50 prn
Lv Corona . 1:07 amj 3:19 pm
Lv Fayette . 2:16 am| 4:12 pm
Ar Columbus . 4:00 ami 5:32 pm
Lv Columbus . 4:16 amj 5:37 pm
West Point . 6:00 amj 6:13 pm
Lv Winona . 7:45 amj 8:23 pm
Lv Greenwood . 9:20 am! 9:37 pm
Ar Greenville .11:55 am|11:40 pm
No. 87 carries Pullman sleeping car.
Birmingham to Greenville, Miss.; open
at 2 p. m.
- southbound; '
I No. 18. | 1*0 21.“
Lv Birmingham.j 8:80 am|10:80 pm
Ar Gurnae Junction .| 7:80am|ll:B am
Ar wnton.I 8:27 nm[12:05 am
Lv Wilton.j 8:85 am|12:05 nm
Ar Selma... ..110:23 am| 1:50 am
Lv Selma .,..I 4:80 pm| 1:65 am
Ar Mobile.110:25 pm| 7:30 am
No. 21 carries Pullman sleeping car Bif
mlngham to Mobile: open 8 p. m.
TRAINS ARRIVE BIRMINGHAM.
No7"88 from Greenville ..... .... 5:10 am
No. 22 from Mobile .1:88 am
No. 16 from Blossburg .8:11 am
No. 86 from Atlanta . 11:06 noon
No. 86 from Greenville . 4:08 pm
No. 20 from Selma .8:45 pm
No. 37 from Atlanta .10.00 pm
"Fra. Gannon, Third Vice-President and
General Manager. Washington, D. C.
8. 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 JYSIEJt
Florida and Cuba.
—May-«7 I-- «fc—|" 78 j ST
Lv Montgom'y 3:15 pm| 6:20 am| 7:46 pm
Ar Sprague Jc... 4:JSpm| 7:00 ainj.
Ar Troy .I 8:06 am] 9:35 pm
Ar Brundrldge. 8:42 amjl0:05 pm
Ar Ozark .j 9:80 am!10:66 pm
At Dlmmlck .j 9:60 amj.
Ar Abbeville Jc.jl0:23 am!ll:50 pm
Ar Dothan ...(10:35 amjl2:01 am
Ar Balnbrldge .jl2:30pm| 2:05 r.m
Ar Climax...|I2:45 pm| 2:22 am
Ar Tbomasvllle. 1:40 pml 8:15 am
Ar Valdosta . 3:26 pmj 4:37 am
Ar Waycross —. 6:25 pmj 8:15 am
Ar Jacksonville. 7:40 pm1 8:80 am
Ar Tampa .I. 7:10 am|10:00 pm
Ar Port Tstnpa..j. 7:55 am'10:30 pm
Bv Wayeroes ....(.■. 5:36 pm 6:W am
Ar Savannah ....j. 8:15 pm 9:00am
Ar Charleston ...j. 6:26 am 4:35 pm
Bv Sprague Jc...| 4:30 pm|...«
Ar Buveroe .j 7.06 pm I....
Lv Dlmmlck ....I.|10:90 amj 5:30 am
Ar enterprise ...j.|ll:00am| 6:40 nm
Ar Elba...|.|13:16 pm| 8:Wam
r V Abbeville Jc B..|10:25 am|.
Ar Abbeville ....|.|13:H Pm|.
Bv Climax .I.—| 2:15 pmj.
Ar Chatlahoocheel.|4:48 pm|.
Trains arrl- e at Montgomery 8:10 a. m..
9:30 a. m.. 0:30 p. m.________
T^IFIhIPS A WEEK FOR KEY
WE8T AND HAVANA.
Leave Port Tampa Tuesday, Thure
day, Sunday, 10:45 p. m.
“For further Information address
R. L. TODD, Dlv. Pass. Agent,
Montgomery
B. W WRENN, Pass Traffic Mgr..
Savannah, Ga.

The age-herald. [volume], August 02, 1901, Page 7, Image 7
About The age-herald. [volume] (Birmingham, Ala.) 1897-1902

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The age-herald. [volume], August 02, 1901, Page 7, Image 7
About The age-herald. [volume] (Birmingham, Ala.) 1897-1902