The age-herald. [volume], December 07, 1901, Image 7

About The age-herald. [volume] (Birmingham, Ala.) 1897-1902

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

                
ACTIVE SELLING'
III STOCK MARKET
Fears of Money Stringency
Gain Upper Hand
CHICAGO NEEDED MONEY
A Rise In New York Money Rate Will
Help to Prevent Gold Ex
ports, But Not Spec
ulation.
New York, December 6.—Fears of mon
ey stringency gained the upper hand in
the stock market today and precipitated
active selling throughout the list. The
bears were active and energetic in taking
the market away at each recurrence of
signs of selling and thelf buying to cover
at frequent intervaljj caused many Ir
regularities and checks to the decline.
The apparent running out of the recent
speculative movement in Manhattan and
the consequent realizing by the longs was
a feature of the market. The stock made
an effective railing point for the bears in
their aggressive onslaught on the mar
ket. In the late dealings the stock fell
to 135%, representing an extreme decline
of 7%. At the same time Amalgamated
Copper which had fluctuated rather slug
gishly, but heavily all day, took a new
downward plunge to 69%, compared with
Its previous low record of 71%. Tills un
settled the whole market and made the
closing active and easy, but with the
selling pressure much less acute in the
general list than in the stocks named.
The deposit at the sub-treasury for trans
fer to the interior of $1,000,000 completed
tho fright over the money prospect which
had been gathering force all day, with
the contemplation of the preliminary fig
ures of the week’s currency movement.
It appeared from these that the banks
had gained on the interior movement by
express more than $1,600,000 up to this
afternoon, thus seeming to offset the
week’s loss from the sub-treasury which
footed up last night $7,500,000. Of today's
deposits for transfer $650,000 was for Chi
cago and $350,000 for New Orleans.
The renewed demand from Chicago Is
said to be based on the furious specula
tion which has broken out In the grain
market and the movement to New Or
leans is doubtless connected with the
activity in the cotton market. Of the
ween loss to the sub-treasury nearly
$3,001,000 represents deposits of legal ten
ders to retire circulation and withdraw
government bonds. These bonds have
not been offered for redemption and
ther is little to offset the decrease In
the circulation. The payment for the
$2,000,000 gold exported is also Included
In the sub-treasury operations. New York
exchange at Chicago, which fell to 60
cents discount at one time yesterday
stiffened to 30 cents discount today as a
result of the currency shipment. These
unexpected new demands upon the local
money supply were reflected in calling
in of loans and marking up of money
rates. Banks marked up their call loan
rates over their counter to five per cent,
and exercised stricter discrimination as
to Industrial collateral. The easier tone
of the foreign exchange market was lost
sight of In this new development, al
though it promised relief from the fur
ther gold exports threatened next week.
A rise in the New York money rate
will help to prevent gold exports but
not to the relW¥ of speculative borrow
ers on call. Thre few stocks which made
a show of strenth during the morning
succumbed to' the weakness. Losses of
1 to 3 points were made by the majority
of the prominent active stocks. General
electric after rising to 2S9% broke to
284% on the declaration of only the
regular quarterly dividend and then fluc
tuated widely above the lowest.
Bonds were easier in sympathy with
stocks. Total sales par value $3,990,000.
New York Stock Market.
By Private Wire to Murphy ft Co.
s * r ~
* jr 2 o
STOCKS. = p % »
3 £ « H
n 5 r ”
Amer. Car .. 29% 30 29% 30
Atchison . 79 79 79 79
Atchison pfd .100% 100% 100% 100%
Amer. Sugar Refining..122% 123 121% 121%
Brook. Rapid Transit... 64 64 62% 62%
Chesapeake and Ohio.. 47% 47% 47% 47%
Copper .73% 73% 69% 70
Erie .41% 41% 41% 41%
Loulsv. and Nashv .. ..108% 108% 107 107
Manhattan 1.142% 143 136% 136%
Missouri Pacific .103% 105 103% 103%
M., K. and T. pfd . 53 53 53 53
Metropolitan St. Ry ...164 164 162 162%
New York Central ....169% 169% 168% 168%
Pennsylvania .150% 150% 149% 149%
Republic .16% 16% 15% 15%
Reading .49% 49% 49% 49V3
Rock Island .153 153 149% 149%
Southern Pacific .60% 60% 59% 59%
Southern Ry .33% 33% 33% 33%
Southern Ry pfd .92% 92% 62% 92%
Bt. Paul .167% 167% 165% 166
Texas and Pacific . 40% 40% 40% 40%
Tenn. Coal and Iron .. G4 64 63 63%
tl. S. Steel .42% 42% 42% 42%
U. S. Steel pfd . 92% 92% 92% 92%
Union Pacific .102% 102% 101 101%
Wabash pfd .41% 41% 41% 41%
Western Union .91% 91% 91% 91%
Norfolk and Western.. 59 59 59 59
Bonds.
United States refunding 2s regls ... 108%
United States refunding 2s coupon.. 109
United States 3s registered . 108%
United States 3s coupon .. 108%
United States new 4s registered .... 139%
United States new 4s coupon . i39%
United StateB old 4s registered . 111%
United States old 4s coupon . 112%
United States 5s registered . 107%
United States 5s coupon . .. 107%
Wisconsin Central 4s ."" 91
Chicago 'Chang*.
Chicago, December «.-Trade on the
board waj comparatively dull today after
Yesterday's bullish enthusiasm. Profit
ng and early bearish conditions led
lo lower prices all around, but a falrlv
Itrong revival of buying brought a rcac
H. D. COTHRAN & CO.
Members of Chicago Board of Trade ana
New Orleans Cotton Exchange °
Rooms 1 and 2 Alabama National r0„,.
Building. ank
Private leased wires to New York
Orleans and Chicago.
COTTON, STOCKS AND GRAIN.
All purchases and sales are made direct
on the exchange for which the order la
flven.
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.
Reference—First National Bank of Bir
mingham. First National Bank of Some,
TELEPHONE NO. 1145.
Special attention given to orders over
telephone and orders sent from o»> «/ «v
»St7
"MURPHY & CO.
(Incorporated.)
ALABAMA NATIONAL BANK B’LD'G
Private Leased Wires Direct to New
York, New Orleans and Chicago.
COTTON, STOCKS if GRAIN.
NEW YORK OFFICE—NO. 61 BROADWAY,
Offices In principal cities throughout the
South.
Write for our Market Manual and book
containing instructions for traders.
Phone No. Ml
John hi. Caldwell. George B. Ward.
CALDWELL~& WAED
INVESTMENT SECURITIES,
2015 First Avenue.
References: The Banks of Birmingham
Money loaned on local stocks and bonds.
H. K WILSON d CO.,
2005 First Avenue,
Real Estate, Money, Bonds and Stock.
-BROKERS
$50,000 to lend on real estate, bonds,
stocks and business paper—at lower
rates than ever before offered in Bir
mingham.
tion and December and May wheat
closed each %®>%c up, December corn un
changed, May corn a shaqp higher and
May oats %c higher.
Provisions closed unchanged to 7Viva 10c
higher.
The leading futures ranged as follows:
Articles. | Open.| High. | Low. J Close.
_ Wheat— I , I |~~ T~
Dec .| 76%| 76141 75%| 76
May .| 80%| 80%| 79% 80
July .| 80%| 80%) 79% 79%
Corn— | | |
Dec . C4%| 64%| 63% 64%
May . 68 j 68 | 67% 67%
July . 67%| 6S | 67% 67%
Oats— I
Dec .| 45 | 45%j 44% 46
May .| 45%j .... | 45% 45%
July .| 41% | 41%) 40% 40%
Mess Pork |
Jan . 16.62%) 16.70 16.55 16.70
May .I 17.05 | 17.10 16.95 17.05
Lard
Dec .| 9.80 9.80 9.77% 9.77%
Jan .| 9.80 9.80 9.70 9.77%
May .| 9.85 9.87% 9.77% 9.85
Short Ribs )
Jan .| 8.50 8.50 8.42% 8.50
May .| 8.70 8.70 8.60 | 8.67%
Cash quotations were as follows:
Flour—Firm.
Wheat—No. 3 spring, 75%c; No. 2 red,
80%c.
Oats—No. 2, 45%046%c; No. 2 white, 48%
@49%c; No. 3 white, 48%®4S%c.
Rye—No. 2. 62%@63c.
Harley—Fair to choice malting, 59@63c.
Flaxseed—No. 1, $1.43; No. 1 northwest
ern. $1.44.
Timothy Seed—Prime, $6.40.
Mess PorK—Per barrel, $15.70016.80.
Lard—Per 100 pounds, $9.77%<g>9.80.
Short Rib Sides—Loose, $8.40@8.65.
Dry Salted Shoulders—Boxed, 7%®7%c.
Short Clear Sides—Boxed. $8.8008.95.
Clover—Contract grade, $9.26.
On the Produce Exchange today quota
tions were:
Butter—Firm; creamery 140,24c, dairy
13020c.
Cheese. 9%@10%c.
Eggs—Firm; fresh 24c.
Financial.
New York, December 6.—The Commer
cial-Advertiser’s London financial cable
gram says;
The capture of Boer war prisoners In
spired a feeling of optimism and consols
rose sharply to 92% on a rumor that the
government will borrow no more In con
sols. but rather will issue a guaranteed
Transvaal loan.
American stocks were absolutely Idle.
Brokers indulged in horse play In ab
sence of business. A had New York bank
statement la expected tomorrow and New
York came flat.
Money on Call.
New York. December 6.—Money on call
firm at 4%0'5 per cent.; last loan, 4%.
Prime mercantile paper, 4%®5 per cent.
Sterling exchange weak, with actual
business in banker’s bills $4.87% for de
mand and $4.84% for sixty days.
Posted rates, $4.85 and $488%.
Commercial bills, $4.83%®$4.84.
Bar sliver. 55%.
Mexican dollars, 43%.
Government bonds steady.
State bonds Inactive.
Railroad bonds weak. ,
Treasury Statement.
Washington, December 6.—Today's
treasury balances, exclusive of the gold
reserves, shows: Available cash balanoe,
$169,688,382; gold, $111,404,203.
The Coffee Market.
New York, December 8.—Spot Rio cof
fee quiet; Cordova 744@11; mild, steady;
unchanged.
Futures, while having only a compara
tively small movement, were very steady
most of the session today on covering,
“copper house'' buying and European de
mand, and closed almost at the top.
The market opened steady, 5@16 points
higher. Cables and mall advices from the
crop country confirmed recent reports
of damage In the Santos district. Local
sentiment was bullish on the news, and
rom buying figured to some extent In the
total business of 44,250 bags. Closed
steady 5@16 points higher. December 6.55; ■
January 6.65; March 6.75; April 6.80; May
6.96®7; July 7.08(g7.M; August 7.20; Sep
tember 7.25@7.35; October 7.40.
Murphy. & Co.’s Stock Letter.
New York, December 6.—The stock
market today was weak and lower on
about the same volume of activity as was
enjoyed yesterday. The only obvious in
fluence depressing of traders was appre
hension that the bank statement would
reflect the heavy sub-treasury absorp
tions this week. Although there was a
slight easing off In sterling exchange It
was considered probable that gold ex
ports to France will be necessary next
week. The absence of outside orders to
any Important extent made It difficult for
the professionals to realize on their
stocks except at concessions. The course
of Manhattan was suggestive of pool
liquidation and the stock lost over 5 per
cent.. Metropolitan Street Railway lost
over 3 per cent., Brooklyn Rrapld Transit
was comparatively well supported! The
sharpest declines were suffered by St.
Paul, New York Central, Pennsylvania,
Great Northern preferred Rock Island,
Atchison and some specialties. Missouri
Pacific received considerable support, but
could' not resist the general tendency of
the market.
In the Industrial list there were sonfc
vagaries. General Electric advanced 644,
but on declaration of the regular dividend
the sales of disappointed holders caused a
break of 9% points. The close was a
rally of over 2 per cent. There were
wide fluctuations In Westlnghouse Air
Brake. Sugar, after an early spurt, fell
44- Smelting exceptionally weak, how
ever, as the late collapse In Amalgamated
after It had been well supported on a
large part of the day. The only news of
a character to effect the stock was the
continued decline of copper In London.
Amalgamated broko to 70 and closed vir
tually at the lowest, showing a net de
cline of 44. Market closed weak. Gov
ernment bonds unchanged. Railroad
bonds active and were little effected by
the decline in stocks. Total sales stocks
768,100 shares. atocks,
CAN YOU BEAT THIS?
25 cakes baked and a
month’s cooking for 8185
This is the October bill of
one cusi
COTTON MARKET
REMAINS QUIET
Very Little Change in Prices
Takes Place
BULLISH LIVERPOOL NEWS
English Market Turn* Heavy, How
ever, Before the Close and Prlcea
Gradually Ease Off—Late
Buying Orders.
New York, December 6.—The cotton
market opened Bteady, with December 5
points lower and other months unchanged
to 3 points higher, after which firmness
was developed by brisk demand from
shorts and fair room support, all based
on bullish Liverpool cablcB and favorable
advices from southern spot markets.
Commission houses, however, appeared
to have more selling than buying orders,
and Wall street seemed to be taking
profits. The English market turned heavy
before the close, and prices here gradu
ally sold oft, while trading became less
active. Before midday the early Improve
ment had been wiped out and a slight
net decline was recorded under light
pressure from the bear side. The feature
of the early buying was the demand for
the account of a prominent local house.
The cotton taken by this firm gave the
impression that southern markets were
stiffening up. Larger "Insight” figures
than expected for the week, with free
receipts today, discouraged buying In the
early afternoon. January sold off to 7.31
and July to 7.87. In the last hour prom
inent flgpr brokers appeared In the ring
with large buying orders for January
and March, and this soon stiffened prices
to last night's bids, at the same time
checking the desire of small holders to
sell. January worked up to 7.97, wltl^
the other months showing corresponding
Improvement. The market gained addi
tional strength Just before the close on
a rumor that wool was strong, active and
higher. The close was firm with prices
net 1 point lower to 1 point higher.
New York, December 6.—Cotton quet;
middling, 7 5-16; net receipts, 1506; groBS
receipts, 3646; stock, 97,771; exports to
France, 161,
Total today; Net receipts, 47,982; ex
ports to Great Britain, 32,515; France, 6961;
Continent, 13,929; stock, 829,541.
Consolidated: Net recelpta 322,018; ex
ports to Great Britain, 148,473; France,
38,646; Continent, 87,776.
Total since September 1: Net receipts,
3,689,765; exports to Great Britain, 1,338,
380; France, 339,261; Continent 1,044,747.
Total Net Recelpta.
New York, December 6.—Following are
the total net receipts of cotton at all
ports since September 1: Galveston, 1,067,
946; New Orleans, 1,016,898; Mobile, 97,421;
Savannah, 661,198; Charleston, 147,446; Wil
mington, 182,425; Norfolk, 231,318; Balti
more, 37,692; New York, 66,617; Boston,
39,282; Newport News, 6061; Philadelphia,
11,239; Fernandlna, 2000; Brunswick, 160,
460; Port Arthur, 14,130; Pensacola, 68,642.
Total, 3,689,766.
Comparative Statement.
New York, December 6.—For the week
ending Friday, December 6, 1901:
Net receipts at all United States ports
during week, 322,018; net recelpta at all
United States ports during same week last
year, 301,218. Total receipts to this date,
3,689,965; total receipts to same date last
year, 3,651,923. Exports for the week,
274,796; exports for same week last year,
266,487. Total exports to this date, 2,722,
388; total exports to same date last year,
2,609,515. Stocks at all United States
ports, 829,541; stocks at all United States
ports same time last year, 818,805. Stocks
at all Interior towns, 636,935; stocks at all
Interior towns same time last year, 671,
920. Stock at Liverpool, 548,000; stock at
Liverpool same time last year, 486,000.
Stock of American afloat for Great
Britain, 332,000; stock of American afloat
for Great Britain same time last year,
264,000.
New Orleans Cotton Market.
New Orleans, December 6.—There was
a good demand for spot cotton today,
prices being somewhat easier. Sales 7500,
including 3950 to arrive. The cotton ex
change committee rev'sed quotations re
ducing all grades l-16c except good or
dinary. which was advanced 8-16c.
Conditions in the market for contracts
showed little change, the opening being
about 2 points up all along the list. The
volume of trading was decidedly light,
and the excitement following the Issu
ance of the bureau report appears to
have expanded Itself. Each day there is
more and more disposition to discredit
the government figures as altogether too
small. At the close puces showed 1 point
down to 1 point up compared with yester
day’s closing.
New Orleans, December 6.—Cotton easy,
quotations revised; sales 7500; oidlnary
8 516; good ordinary 6 13-16; low middling
7%; middling 794; good middling 8: mid
dling fair 8 7-16; receipts 14,785; stock 268,
Ell.
Consolidated statement: Receipts, net,
822,018 exports to Great Britain 148,473t to
France 38,546; to the continent 87,776;
stock 829,541.
New Orleans, December 8.—Cotton fu
tines steady; December 7.78®7.79; Janu
ary 7.73®7.74; February 7.73®7.76; March
7.76®7.77; April 7.76@7.78; May 7.78; June
7.78@7.79; July 7.78@7.80.
Dally Statamant.
Galveston—Steady; middling 7%c; sales
2787, receipts 9406, stock 172,215.
Mobile—Quiet; middling 7 ll-16c; sales
500, receipts 1916, stock 32,115.
Savannah — Steady; middling 7 ll-16c;
receipts 6903; stock 145,925.
Charleston—Steady; middling 7 ll-16c;
sales 150, receipts 2127, stock 40,929.
Wilmington—Firm; middling 7Hc; re
ceipts 1754, stock 10,476.
Norfolk—Steady; middling 754c; sales
352, receipts 2499. stock 36,388.
Baltimore—Nominal; middling 8c; re
ceipts 1942, stock 13,604.
Boston—Quiet; middling 894c; receipts
net 1653, gross 4306.
Philadelphia—Quiet; middling 8 9-16c, re
ceipts 52, stock 3513.
St. Louis—Steady; middling 794c; sales
800, receipts 5406, stock 62,983.
Memphis—Firm; middling 7 ll-16c; re
ceipts 7232, shipments 6629, sales 2200,stock
110,187.
Liverpool Cotton Market
Liverpool, December 6.—Cotton — Spot
doing moderate business; prices steady.
American middling 4ftd. The sales of the
day were 800 bales, of which 500 were for
speculation and export, and Included 7600
American. Receipts 21.000 bales. Including
20,000 American.
Futures opened quiet and closed barely
steady. American middling: December
4.24@4.25d sellers, January 4.22@4.23d sell
ers, January-February 4.21@4.22d sellers,
February-March 4,20®4.21 cl buyeraMarch
Aprll 4.20d sellers, Aprll-May 4.19@4.21d
buyers, May-June 4.19@4.20d sellers, June
July 4.19d sellers, July-August 4.18@4.19d
sellers, August-September 4.14d sellers.
Dry Goods Market
New York, December 1—There has bean
DR. Y. E. HOLLOWAY,
Physician and Surgaon.
Three-fourths ol
the persons who
come to me to get
cured of Sphyllls.
Gonorrhoea. Gleet
Stricture, Lost
Manhood and other
private diseases
havo tried to get
I well by using oth
' or means. Why not
come as soon as
you find that you
’ are nlflicted? It
will not only-save you distressing pain
and valuable time, but will cost you less
money. There Is also a satisfaction In
knowing that the very best possible
treatment is being given to you by a
competent physician, who has experience
In such matters, and Is capable of curing
you In the quickest and most perfect
mannor possible. I have treated private
diseases as a specialty for the past fif
teen years In the city of Birmingham,
and I am therefore known to a great
many. But If you are not acquainted
■With me. I refer you with permission to
First National Bank, Alabama National
Bank, Jefferson County Savings Bank
and Steiner Bros., Bankers. •» to my re
sponsibility for my contracts. I cure
many patients by mail treatment. Write
for prices and terms. Address Dr. Y. B.
Holloway. 1801% Second avenue, Bir
in in{,aam, Ala.
Office, Second avenue and Eighteenth,
opposite postoffice.
Office Hours—8:80 a. m. to 6:30 p. m.
Sunday, 10 a. m. to 18 m.
Branch Office at Ensley, Ala., room 4
Fayette building, corner Avenue B and
Sc-enteenth street, In charge of ut. T.
T. Galllon.
no change In the character of today’s
demand for cotton goods In any depart
ment and only a quiet business has been
done In both plain and fancy goods.
FTlnt cloths are firm but slow for regu
lars. Wide odds are strong. Linens In
fair demand at Arm prices.
Gotton Letter.
C. W. Lee 4 Co.’s Letter to H. D. Coth
ran 4 Co.
New York. December 6.—There was
more uncertainty about the market again.
Talk of Increased receipts following the
advance of half a cent increased the de
sire to take profits and selling prevailed
In excess of the support. The decline to
7.91 for the various active features was
not unnatural. At this time of the year
supplies are Increasing. Around 8 cents
a lot will have to be absorbed and this
will result In Irregularity. Those who
took profits on the advance stand ready
to buy back the cotton on a break.
From present Indications this buying can
be expected on a decline below 7.75. Sen
timent is favorable to cotton and as tAe
market declines buying will doubtless in
crease. The reaction can be expected to
be sharp when the cotton has been ab
sorbed. It Is difficult to see where the
big crop Ideas come In on such figures
as have been shown. For this reason
cotton should be a purchase on a break
from now on.
Haw York Cotton Futures.
By private Wlra to H. D. Cothran 4 Co.
jT~ T 2
MONTHS. 3 « a 2
I 5 » f
.January ...\ ..T.....7.95 7798 111 7797
February.7 98
March .7.96 7.98 7.91 7.95
APr*l . 7.95
May.ft.7.98 7.98 7.93 795
June .... . 7 94
July .7.91 7.92 7.87 7.92
August . 7 75
December . 7 95
Live Stock Markets
Chicago, December 6.—Cattle receipts
9500 strong good to prime 86.5007.50 poor
to medium $406.25 stockers and feeders
$3.2504.55 cows $1.9504.76; helferB $2,600
6.50; canners $1.2502.30; bulls $204.75,
calves $2.5006.
Hog3—Plecelpts 26,000 steady, good to
choice heavy $5.9006.42% light $5.2505.90;
bulk $6.8506.25.
Sheep—Receipts 8000; steady; good to
choice wethers 13.5004.15; fair to choice
mixed $2.7603.60; western sheep $304; na
tive lambs $2.6005.37%; western lambs $3
@4.25.
Cincinnati, December 6.—Hogs active.
$4.1006.30. Cattle strong, higher, $205.50
sheep dull, $1.2603.25. Lambs dull, lower
$304.80.
The Metal Market.
New York, December 6.—Lake copper
nominally unchanged, $17. Tin firm, $25.60
026. Lead dull, $4.37%. Spelter dull, $4.30.
Pdg Iron warrants unchanged, $10.60@
11.50.
THE LOCAL MARKETS
Local Cotton Market
Good middling . '7 9-16
Strict middling ... 7 7-16
Middling . 7 3-16
Strict low middling . 7 1-16
Low middling . g 13-11
Local Iron Market
IF [e-mail]
2F .11.00@11.25
8F . 10.50
4F . I.76@10.00
Grey forge. 10.00
IS .U.75@12.00
2S . U.00@ll.25
Local ttocks and Bonds.
Corrected Dally by Caldwell A Ward,
Bankers, 2015 First Avenue. Tele
phone 753. (See Card.)
Bid. Asked
Alabama State bonds, class A..108 ill
Alabama State bonds, class B..108 ill
Alabama State bonds, class C..103 loe
Alabama State bonds, funded ..110 112
Alabama National Bank . 1 108
Ala. Trust and Savings Co.100 •
Ala. Steel and Ship Bldg bonds. 90 100
Avondale Land Co. 70 80
Avondale mills .65 •
Auditorium . 30 40
Bessemer L. and I. Co. stock... 19% 22
.Birmingham Ice Co.80 90
*B. R„ L. and P. Co. com. 40 43
B. R., L. and P. Co. pfd . 92 94
B. R.. L. A P. Co. bonds . 97 99
B'ham Realty Co. com. stock.. 25 30
B'ham Realty Co. pfd stock.. ..60 70
B'ham Realty Co. mort. bonds.. 84 90
B’ham Realty Co. prior lien bds 98 106
B. R. and E. Co. bonds .103 106
B’ham Trust and Savings Bk...l25 140
B'ham Water Works bonds ,...U5 120
East Lake Land Co. 30 85
New Ensley .120 140
Old Ensley . 6% 714
First National Bank .200 •
Hotel Hillman Co. 60 76
Indian Head Cotton Mill . I 59
Jefferson County Bank .100 106
North Birmingham Land Co ... 10 17
People's Savings Bank .110 115
Sloss Steel and Iron 1st mort .109 112
Sloss Steel and Iron 2d mort .. 80 84
SloBB-Sheffleld common stock ..29 31
Sloss-Sheffield preferred stock.. 79 89
• None offered. ! No bid.
Birmingham City Bonds.
Birmingham city bonds can bo bought
on a 4% or 4% per cent basis.
Fruit and Produce.
Butter — Clover Hill, pound prints, 27c;
best creamery, 26c; Mississippi, best
grade, 20c; good country, 14(916c; mixed
country, 10c.
Apples—Per barrel, $4.25@5.00.
Sweet Potatoes—Per barrel, H.75@2.25.
Irish Potatoes—Per bushel, 21.20.
Bananas, Per Bunch - Culls, 60@75c:
straights. W.2501.60.
Eggs—Per dozen. 20@25c.
Lemons—Per box, 22.76@4.00.
Oranges—Per box, 22.25©2.40.
Poultry—Beet friers, 18c; medium, 12c;
hens, 26c; Pekin ducks, 40@66c; puddle
ducks, 25@35c; turkeys on foot, 8@9c;
drawn, head and feet off, 12%c.
Graces—Malaga. 25-60(36.00.
PROPOSED NEW COUNTY SEAT!
Grand Auction sale ot Real Estate
PELL CITY, ST. CLAIR COUNTY, ALA.,
The Proposed New County Seat,
DECEMBER lO, 1901
150 Business and Residence Lots.
SALE BEGINS 10 O’CLOCK TUESDAY MORNING,
December 10th, 1901.
. ■ i
It Is Every Citizen’s Chance.
There is no town today in the South that has such a brilliant future as Pell City. It
will be the county seat of the southern portion of St Clair County and will have a Cotton
Mill which will employ over 750 operators. It is confidently believed Pell City will have
5,000 population within 24 months.
Inexhaustible mines of Coal and Iron at its very door—The people of St. Clair County
are in a deep slumber but on the horizon is seen the golden sunshine of prosperity. The
vaults of capital in the North will open and manufacture every bale of cotton in the Coosa
Valley, within 10 miles of Pell City, and the whole of St. Claii County will awaken from
its lethargy and every lot in Pell Qity will be worth three or four times what it is today.
PUT IT DOWN—MARK MY PROPHESY,
GOME TO PELL CITY TUESDAY, DEG. 10,1901
Four Independent Lines of Railroad—Viz:
The Southern Railway,
The East and West Railroad,
The Birmingham and Atlantic Railway,
The Lathrop and Hatten Railroad—
(Running Through Every Voting Precinct in Proposed County.
Everything to make a city except the people—Be one of them—grow up with the
town—Get in on the Ground Floor. You will make money.
THIS AUCTION SALE IS ABSOLUTELY
WITHOUT RESERVE and only one busi^
ness lot and one residence lot sold to anyone
party,
TERMS: One-third Cash Balance One and Two Years, Equal Payments
1^^ a 2 aa This Auction Sale is solely for
Remember Again s^rL-ca-a
Farmers, Etc,, of St, Clair County, thus giving all of them an c^ual chance, with favor
to buy before the contemplated improvements are made.
Dame Fortune Knocks at Your Door
Once every seven years—She is here and you, citizens of St. Clair County, are at the dawn
of the greatest opportunity of your lives. Will you embrace it?
For further information address
PELL CITY REALTY CO.
Pell City, Alabama. g
‘Tf'Trrrr COGSWELL, President.
The FIRST NATIONAL BANK of Birmingham, Ala.
STATEMENT TO COMPTROLLER (condensed) SEPT. 30, 1901.
RESOURCES.
Loans and discounts.$2,202,801.84
Overdrafts. 2,219.05
U. S. Bonds. 106,250.00
Other Stocks and Bonds.. 12,085.55
Bank Building. 51,000.00
CASH.
In Vault.$500,657.33
With Bank.. .. 779,704.35
With U.B.' reas. 5,789.60
1,286,151.28
$3,659,507.72
LIABILITIES.
C -pltal Stock.$ 250,000.00
Surplus and Profits. 157,182.56
Circulation. 50,000.00
DEPOSITS.
Individual ...$2,762,457.29
Bank. 38s,867.87
U. S. 50,000.00
3,202,325.11
$3,659,507.71
N. E. BARKER, President; J. H. WOODWARj, Vice President; W.
P. G. HARDING, Vice President; J. H. BARR, Cashier; W. W. CRAW
FORD, Assistant Cashier.
DIRECTOR8—W. 8. Brown, Robert Jemlson, F. M. Jackson, F. D. Na
ders, Wm. A. Walker, T. T. Hillman, Erskine Ramsay, T. H. Molton, E. M.
Tutwiler, B. F. Moore, N. E. Barker, W. P. G. Harding.
The officers of this Bank will be pleased to meet or correspond with
those who contemplate making changes or opening new accounts.
Onions—Per pound, 394c.
Cabbage—Per pound. 194c.
Peanuts—Per pound, 4@6c.
Turnips—Rutabagas, 194c per pound.
Cranberries—Per box, $3.00.
Dried Apples-Per pound, 6.
Pineapples. $2.2502.50.
Local Staple Groceries.
Flour — Best patent, $4.60; Tennessee
patent, $4.30; half patent, $3.85.
Sugar—Granulated, 694c; Y. C„ 494c.
Coffee—Green, 1194c; Arbuckle's pack
ages, $11.80; Lion packages, $11.30; Cor
dova packages, $11.30.
Meats—Clear rib sides, 9c; bacon bel
lies. 11c; dry salted bellies, 9%c; best
hams, 1294c; four X hams. 1194c; Cali
fornia hams, 994c; breakfast bacon, 14c.
Cheese—New York full cream. 1394c.
Lard. 1094c basis.
Compound Lard—894c basis.
Molasses—Centrifugal. 15035 c; sugar
house, 20®36c; Georgia cane, 3«o.
Rice—Per .pound. 494c; fancy, 7o.
Corn—Mixed, S4c; white, 88c.
Meal—Jim Dandy, $1.40; water ground,
$1.30.
Hay. Per Ton—Choice timothy, $20.00;
No. 1, $18.50; clover mixed, $17.50; prairie.
$13.00; Johnson grass. $12.50.
Oats—Mixed, 67c; white, 59c.
Cotton Seed Meal—Per ton. $22.60.
Bran—Mixed, $24.00; pure wheat, $25.00.
We make cute. Age-Herald Engrav
ing Co.
COKE! COKE! COKE!
After the fire is started
burn Coke in your grate and
save fuel and dust.
Birmingham Railway, Light
& Power Co. .
YOUR WIPE IS ALWAYS
CLEAN AND PRESENTA
BLE WHEN COOKING ON
A GAS STOVE
Heavy Curb Trading in Grain.
New York, December 6.—The regular
seaslon of grain markets did not provide
much excitement but curb trading after
the regular close was one of the heavi
est In months and revealed a shortage
among pit traders that exceeded all cal
culations. So vigorous was this demand
from scalpers who had been pounding
the market all day In a vain effort to
force liquidation by outsiders that May
wheat Jumped from 86 to 85V represent
ing the highest point on the crop. Corn
Bold sharply but failed to quite reach
Its previous high point of T2% cents for
May.
Purify the sewers of the body and
stimulate the digestive organs to main
tain health, strength and energy. Prick
ley Ash Bitters Is a tonic for the kidneys,
liver, stomach and bowels.
Mrc. Winslow’s Soothing Syrup
the best remedy for DIARRHOEA. Sold
by druggists In every part of the 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 their
CHILDREN WHILE TEETHING, with
PERFECT SUCCESS. It SOOTHS the
CHILD. SOFTENS the GUMS, ALLAYS
all PAIN, CURES WIND COLIC, and le
Twenty-five cents a bottla
FOR A HURRY MEAL
USE A GAS STOVE.
(u[ cHlOHusTJtJcif'"&NGuSh
Id KO) an/l Gold metallic boxes, sealed
with bloc ribbon. Take no other, ltcfuoa
l>o«*cron* Mnbetltationo anti Imita
tion*. Bay of your Druggist, or oend 4c. in
PartfcnUra. Taatlmonlal*
•ad '‘Relief fop Ladies,”in Utter, by re
turn Mall. 10,440 ToetlmoBiole. Bold by
RAILWAY SCHEDULES
In Effect November 10, at 4:00 A. M.
Arrival and departure of all trains at
Lnlon Passenger Station, Birmingham.
Ala. Louisville and Nashville Railroad.
___L ^ N,—North.
. I Arrive. | Depart.
•No. 2, Fash Mall. N. 0,|U:» am|12:22 pm
,N°- f ?ast Mai|. NO...| 9:12 pm I 9:20 pm
• No. 8, Decatur Accom.,|.|S:16pm
No. 10, Montg'm Accom..| 7:00 pral.
South.
... . _ | Arrive. | Depart.
•NoLFaat Mall. Cln...| 8:* am I 8:0 am
No- I. Decatur Accom...|10:00 am.
o\ **^5* Mall. Ciu..j 3:45 pmj 4:08 pm
No. 9, to Montgomery ,.|.| 6:15 am
BIRMINGHAM MINERAL^—North.
... _ | Arrive
40, Fast Mall, Blocton.|10:-15arn
N°- J2, Fast Mall, Blocton.I 6:50 pm
45, Altoona Accom . 9:66 am
• No. 102, Blocton Accom .| 7:15 pm
Couth.
.... ,, . I Depart.
No- 41, to Blocton .,| 6:25 am
J" Blocton.. 2:36 Dm
iS *ltoona Accom .I 2:65 pm
■No, 101, Blocton Accom .| 6:30 am
A. a 3,—North.
... . _ J Arrive. | Depart.
•No. 2, Fast Mall. N. 0..| 6:40 ami 1:45 am
•No. 4. Pan-Am. Special..| * 46 pm| 1:60 pm
No. A Meridian Accom..|12:X pmj 4:40 pm
South.
... . ■ I Arrive. I Depart.
.No- Irom Cincinnati.|10:OC pm|10:l* pm
J!"' *- Pan-Am. Special.| l:E6 amllOiOO am
•No. 5. Chattan'ga Ac’m ll2:46 pm| 4:80 ptn
80. R. R—North, East, South, A est.
... .. . I Arrive
’*■ ,from Bloesburg. Ae....| 1:16 en»
No. 20, from Selma .| t:56 pra
*?£■ *• lrom Wasnlngton.|I2:00 noc
No. 36, from Mississippi.| 4:00 pm
» ‘Iom w*»h,ngton.!10:00pm
•?' ,fTom. Mississippi-1 |;|| am
No. 2*. from Mobile and Selmal 5:10 am
>Kn iq5' *" P'ir"burC- Accom. ! 4dSTpm
No. 19, to Belifca .| 6:30 am
No. 35, to Mississippi .112:56 pm
No. SO. to Wasnlngton.I 4:10 pa
No- *° Mlaeiesippl.10:30 pm
N° !° Wa»hln«son.| 0:00 am
No. a, to Mobile.IV>:88 pm
THI SCOSYSTEMp
Ka Ct, Me 88 B 8m*,
3:55 pm
5:50 am
>*uuieia Accom .|10:00am
Fast Line to Kaneae City
West.
I ^Rhd
'No. 206. Southeastern Limited . .112:80 pm
'No. 204, New York Express .10:20 pm
So- Winfield Aecom .| 4:30 pm
CENTRAL OF~GEORGIA—Eart
... _ | Depart
'No. 2, to Columbus .| 0:30ara
■No. 4. to Savannah .] 4 05 pm
West
'No. i, from Macon .,| g^Opm
•No. 3, from Savannah.,I12:M pm
Trains marked thus (•) run aahjr. Thus
(!) dally, except Sunday.
HflLCOX TANSY PILLS
'«■ Monthly Reguletor. Salt and Sure. Nt«of
ff Falls. Druggists or by Msil. Pries, »2
■ ■ ' Sandier Woman's Ssfegatrd (tree).
WILCOX MED. CO.. 328 0.16th SL. Pblla.. Pa. J