The age-herald. [volume], April 23, 1902, Page 7, Image 7

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

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

                
STOCK MARKET
APPEARED TIRED
Gallant Rally Made Against the
Depression
STRENGTH IN RAILROADS
Nashville, Chattanooga and 9t. Louis
Took an Upward Flight, Due to
Report That Stock Would Be
Changed for L. & N.
New York, April M.-Today’s stock
market had the- appearance of being
tired In the language of the broker*. A
gallant rally was made against the de
pression, and the sympathetic Influence
of rather aggressive strength developed
In some of the eastern railroad stocks,
and had the effect of checking the sell
ing In the western field so that the losses
were at one time pretty genrally recov
ered. But the action of Reading strongly
indicated a culmination of the upward
movement In this stock on the taking of
speculative profits, and an afternoon
rally In the wheat market re-awakened
the anxiety felt for the winter wheat
crop. The western railroad stocks fell
away to the lowest of the day, and the
gains which had been established else
where among Important railroad Stocks
melted away. The market closed active
and weak and generally at the lowest. A
violent break In sugar to 122% after sell
ing up to 127% was a contributing cause
to the late weakness and was attributed
to the growing apprehension that the dif
ferential duty on sugar will be removed
of the Cuban reciprocity bill will fall.
There were the usual violent and erratic
movements In a number of specialties
which have como to be a regular feat
ure of the dally stock market. The up
ward flight of Nashville. Chattanooga
and St. Louis was due to the reports sub
sequently denied that the stock would
be changed for Louisville and Nashville.
Rumors wore revived of a consolida
tion of American cotton oil of Vlrglnla
Carollna chemical. The movement In In
ternational power, American grass twine,
\Yi is Fargo. New York, New Haven
and Hartford, Long Island, Keokuk and
DesMolneB stocks and others were unex
plained.
i no eariy recovery in tne market wag
stimulated by reports of showers In the
western whest belt, but the grain-carry
ing roads showed nervous tone through
out and the real sustaining Influence In
the market was the buying of tb coal
ers, uoth hard and soft, and the Morgan
railroads. The evidence of realising In
Reading left the market vulnerable again
to the Influence of a rally in the wheat
market, although that was said to be
partly due to the heavy decrease during
the week In the visible supply of wheat.
Speculative operation Is resigned to the
hope of only an average winter wheat
crop under promising conditions and Is
prepared to expect a crop disaster In the
event of unfavorable conditions. A reas
suring effect was produced by indifference
expressed by the principals In the North
ern Securities Company to the filing of
the suit In the Supreme Court against
the company on the ground that the con
solidated ownership of the properties Is
safe'In any event, since only the method
of holding them Is aimed at by the suit.
But any decision which would defeat the
purchase of the constituent companies by
the exchange of their stock for the stock
of the new company would have far
reaching consequences on many projects
undej Way and to which Wall street
looks for great results. London turned
seller of stocks In this market today af
ter having been a buyer for several days
and thus helped to strengthen the for
eign exchange market. Speculative bonds
were weak and tne market generally was
irregular. Total sales, par value, $3,346,
000. United States 2s advanced % per
cent on the last call.
New York Stock Market.
By Private Wire to Murphy A Cm
s s h
•TOCK& r 9 3 t
I I M
"Atchison .81% 82 80% 80%
Atchison pfd . 99% 99% 98% 89%
Amcr. Sugar Refining.126 127% 122% 122%
American Locomotive. 36 88% 36% 86%
Brook Rapid Transit.. 68% 68% 66% 66%
Chesapeake and Ohio. 47% 48% 47% 47%
Copper . 65 66% 64% 65%
Colorado Fuel .108 108 105% 106%
Erie .39% 41 39% 39..
Ixmisv. and Nashv...l28 128 126 126%
Manhattan L .137% 138% 134% 134%
Missouri Pacific.101% 101% 100% 100%
M., K. and T. pfd .... 56 66% 66% 66%
Metropolitan St. Ry ..153% 153% 157% 152
Norfolk and Western. 58% 59% 58% 59
New York Central ...158% 159 158 168
Pennsylvania.151% 152% 151% 151%
People’s Has .103% 104 103% 103%
Republic Steel .18 18% 18 18%
Republic Steel pfd_ 74 74% 74 74
Reading .66% 67% 65% 65%
Rock Island . 173 173% 172% 172%
South Pacific .68% 69 67 67%
Southern Ry pfd .... 96 96% 95% 95%
St. Paul .170 170% 168% 168%
Texas and Pacific. 48% 43% 42% 42%
Tenn. Coal and Iron.. 71% 71% 70% 70%
U. S. Steel .42% 42% 42 42%
U. S. Steel pfd .92% 92% 92% 92%
Union Pacmc .106% 106% 103% 103%
U. S. Leather .13 13 12% 12%
Wabash pfd .45% 45 44% 44%
Western Union. 93 93 92% 92%
Baltimore and Ohio. .106% 106% 108% 108%
Illinois Central .148% 149 147% 147%
Bond*.
United States refunding 2s. regls.. 109^6
United States 3s registered . 10g%
United States 3s coupon . 100V4
United States new 4s registered .... I3g
United States new 4s coupon . 18914
United States old 4s coupon . m%
United States old 4s coupon . m%
United states refunding 2s. coupon.. 109ti
United States 5s registered .. 105%
United States 6s coupon . 107
Wisconsin Central 4s . 92%
Financial.
New York. April 22.—The Commercial
Advertiser’s London financial cablegram
■ays:
Stocks today were fairly brisk and
cheerful, considering the Passover and
■ettlement tomorrow. Console were hard
COTHRAN & GO.
Members of Chicago Board of Trad* and
Ntw Orleans Cotton Exchange.
Looms 1 sud 2 Alabama National Bank
1 Building.
Private leased wires to New Tore. New
Orleans and Chicago
COTTON, STOCKS AND GRAIN.
jiii purchases and aaiaa art made direct
*a Km eachauga (or which the order la
llrea
Correapondents-J. II. Parker A Co., C.
w Lee A Co., Purnell, Hagaman A Co
Mew York: Fairchild A Robson. Now Or
leans; War# A Leland, Chicago.
lUference—First Nations! Bank ef Bir
mingham. First National Bank of Kama
***■ ULBTHONB NO. It*.
•pedal attention given to orders o»*r
telephone and ardsr* sent fro* ool at tka
MURPHT& CO.
(Inoorpomtsd.)
ALABAMA NATIONAL BANK I'LB'B
Private Leued Wires Direct to New
Tork. New Orleans an« CBleasa
COTTON, STOCKS if BUKIN.
KEW TORK OFFICE—HO. SI IMKBWKT.
Offices in principal Cltlee tkrousheut tkc
Imtl
Write for ear Market Manual and book
containing Instructions ter trader*.
Phone No. Ml __
John M. Caldwell. George B. Ward.
CALDWELL £ WAED
BANKERS and BROKERS.
2015 First Avenue.
High-grade Investment securities a
specialty.
$50,000 TO LEND
-3 TO I0 YEARS
On Central Business Property at 5
per cent to 6 per cent,
On Choice Residences at 5 % to 6J6
per cent
M. F. Mllisov a CO.,
200j First Avenue,
OTTO MARX & CO.
BA»!K 2RS AND BROKERS.
Monov . .aned en Real Estate at 5 and
6 Per Cent.
202S First Avenue.
MALONE
REAL ESTATE & INSURANCE CO.
BIRMINGHAM. ALA.
Loan* promptly made on real eatate
security. Long time payment and
lowest rate. Unsurpaeaed facilities.
Correspondence Invited.
LIVE AGENTS
To Sell 6 Per Cent Geld Bond*.
CUMMINS’ INDIAN CONGRE88
AND WILDE8T WEST.
BEST POSITION ON THE MARKET.
Quick Seller.'
50 Per Cent Already Disposed Of.
Send for Prospectus,
160 Broadway, N. V. City.
at 94 7-16. The new Issue was at 9-16
premium. American shares moved cau
tiously after yesterday's fireworks. They
began nominally above parity and re
mained steady, with some buying of
Southern Pacifies and Union Pacifies, but
New York flattened both. New York sup
ported the market In the street, the coal
ers, and especially Erie, being bought
generally, and Louisville and Nashville
j and Southern Railroad resumed fav*r.
; One-half Is offered for calls In Union Pa
cific tomorrow at 106.
Money on Call.
i New York, April 22.—Money on call
firm at 4@6 per cent; closing bid and asked
j 4®6 per cent. Prime mercantile paper
; 4V4@aVA per cent. Sterling exchange firm,
| with actual business In bankers’ bills at
4.879t@4.87% for demand and at 4.86*4 for
1 60 days. Posted rates 4.86 and 4.8864.
j Commercial bills 4.84V4@4.85H. Bar sliver
I 51. Mexican dollars 41.
Government bonds firm, state bonds ln
j active, railroad bonds Irregular.
' Treasury Statement.
Washington, April 22.—Today's treasury
balances, exclusive of the gold reserve,
show: Available cash balance $175,624,881,
gold $91,562,048.
Clearings and Exchanges.
Philadelphia, April 22.—Clearings $26,8*4,
226, balances $2,514,407.
Boston, April 22.—Clearings $24,986,186,
balances $1,876,627.
Baltimore, April 22.—Clearings $4,868,886.
balances $570,689.
New York, April 22.—Clearings $426,*68,
778, balances $13,276,273.
Chicago, April 22.—Clearings $26,490,923,
balances $2,480,417. Posted exchange 4.16
for 60 days, 4.88*4 for demand. New York
exchange 20c premium.
Memphis. April 22.—Clearings $674,444,
balances $97,228.
Cincinnati, April 22.—Money 4@6 per
cent. New York exchange selling at par
to 10c premium. Clearings $3,690,100.
New Orleans, April 22. — Clearings $3,
153,094. New York exchange $1 per $1000
premium, commercial 25c per $1000 dis
count.
Chicago 'Chang*.
Chicago. April 22.—Weather was again
the ruling factor in grain speculation to
day. At no time was trading heavy,
though throughout the session a strained
nervous feeling was present. May wheat
closed a shade lower; May corn % up
and May oats % advanced. Provisions
closed 2%@5V4 higher.
The leading futures ranged as follows:
“Articles. |'Open.|High. | Low. | Close.
~ Wheat— | • | |” !
May .| m| mi 74 I 74%
July .I mi 7S%| mi 75%
Sept .I mi 76 | 74%| 75%
Corn— j I I I
May .I 61%| 62% | 61*41 62%
July .I 62%| 63%| 62%| 63%
Sept .| 61% 62% | 61% | 62%
Oats- | I I
May ..| 42%| 43%| 42%| 48%
July (old) ,.| 35%! 36%| 3o%| 36
July (new) ..| 37%| 38 | 37%| 37%
Sep (old) ...| 31%| 31%| 31%| 31%
Sep (new) ,.| 33%j 33%| 33%| 33%
Mess Pork—|
May .| 16.37*41 16-50 I 16.37441 16.46
July .| 16.57%! 16.72%! 16.67%| 16.67%
Sept .| 16.76 | 16.77%| 16.72%| 16.75
Lard
May .| 9.62%| 9.67%| 9.62441 9 67%
July .j 9.75 | 9.80 | 9.75 | 9.80
Sep .| 9.85 | 9.90 | 9.85 | 9.90
Ribs- | | |
May .| 8.97%| 9.07441 B.9744I 9-05
July .| 9.16 I 9.20 I 9.15 | 9.20
Sep .... ....j 9.25 | 9.30 | 9.26 | 9.27%
Cosh quotations were as follows':
Flour—Firm.
Wheat—No. 3. 70®74%c; No. 2 red, 82%®
83%c.
Oats—43%®4S%; No. 2 white 46®45%; No.
3 white 44%®45%.
Rye—No. 2. 58®58%c.
Barley—Fair to choice malting, 65@68c.
Flax Reed—No. 1, $1.68; No. 1 northwest
ern, $1 w3®1.78.
Timothy Seed—Prime. $6.85.
Mess Pork—Per barrel, $16.46@16.60.
Lard—Per 100 pounds, $9.67%@9.70.
Short Ribs Sides—Loose, $9@9.10.
Dry Salted Shoulders—Boxed, 7%®7%c.
Short clear Sides—Boxed, $9.65©9.65.
Clover—Contract grade, $8.10@8.15.
On the produce exchange today quota
tions were as follows
Butter—Easy; creamery 24®26%c; dairy
23®26c.
Cheese—Firm, 12%frl3c.
Eggs—Steady. luVr”''%e.
Naval o to res
Savannah, April 22.—TurpenCne Steady,
43; receipts 1052, sales 523, exports 400.
Rosin firm; receipts 3053, sales 7526, ex
ports 1233. Quote; A, B, C. D $1.16, E
$1.20. F $1.25. G $1.30. H $1.55, K $2.45, M
$2.85, N $3.26, W G $3.50. W W $3.50.
Charleston, April 22.—Turpentine and
rosin unchanged.
Wilmington, April 22.—Spirits of turpen
tine quiet at 42%. receipts 11 casks. Rosin
firm, 1.1091.lt; receipts 843, crude turpen
tine grm. 1.S6 to 2.60; receipts 275; tar
steady, 1.20; receipts 4.25.
UNEXPECTED RISE "
INJJVEHPDDL
Bullish Spot Market News Sent
from the South
OPENED 4 POINTS UP
New Business Came In Very Slowly,
and This Served to Intimidate
Room Bulle—Closed
Easy and Quiet.
New York, April 32.—The cotton market
opened firm with prices 1 to 4 points high
er, following an unexpected advance of
H point In the Liverpool market and in
sympathy with bullish spot market news
from the South. On the early advance
Europe and room shorts were the lead
ing buyers while commission houses sold
to secure profits. July,, the active option,
advanced to 9.22 on the first wave of
buying. The rank and file on the trade,
however, were slow to make a stand on
the bull side as port receipts bid fair to
equal those of last year and as weather
reports from the South were exceptional
ly favorable to the new crop. Short sell
ing became popular and before the close
of the first hour the whole list had work
ed materially lower. A sharp reaction In
Liverpool and a weaker ruling of the New
Orleans market helped to shake bull con
fidence for the moment In professional
circles. New business came In very slow
ly and this, too, served to Intimidate
room bulls. Not until July had dropped
to 9.13 was there sufilclent support
brought out to steady the market, which
for the balance of the day, was very
quiet and generally S to 4 points under
last night's prices so far as the present
crop months were concerned. Strange to
say the new crop options held firm all
through the session In the face of a
bearish weekly government crop state
ment.
At the close the market was quiet wltn
near months 1 to 5 points lower and far
months unchingel to 1 point hlehcr.
New Tork, April 23.—Cotton quiet, mid
dling. 914c; net receipts, 8; gross receipts,
1613; sales, 1629; stock. 193,136; exports to
Great Britain, 1913; exports to the con
tinent, 300; exports to France, 101.
Total today: Net receipts. 12,940; exports
to Great Britain. 2409; exports to France.
101; exports to the continent, 7103; stock,
606,472.
Consolidated: Net receipts. 31.337: ex
ports to Great Britain, 28,033; exports to
France, 1033; exports to the continent. 19 -
477.
Total since September 1: Net receipts,
7,130,604: exports to Great Britain. 2.816,
004; exports to France, 666,854; exports to
the continent, 2,329,393.
New Orleans Cotton Market.
New Orleans, April 22.—Cotton quiet
but steady at the decline. Sales were
1660 bales, Including 700 to arrive. Quota
tions reduced 1-16 on all grades. The mar
ket for futures opened 2 to 4 points up
and there was a further slight Improve
ment, which, however, was only tempo
rary, and under realizing sales the mar
ket dropped to a level of 3 points under
yesterday's closing. After numerous
fluctuations the board at the close showed
net losses of 6 points on April, 8 each on
May, June, July and August, B on Sep
tember and 1 to 2 points on the balance of
the list.
New Orleans, April 22.—Cotton steady;
sales 1680; ordinary 8c, good ordinary 8V4«.
low middling 814c. middling 9<4e, good
middling 9 9-18c, middling fair 10 3-16c, re
ceipts 4728, stock 218,061.
New Orleans. April 22.—Cotton futures
barely steady; April 9.26c bid, May 9.25@)
9.26c, June 9.30@9.32c, July 9.36@9.37c, Au
gust 9.01@9.02c, September 8.34@8.36c, Oc
tober 7.98®7.99c, November 7.87@7.88c, De
cember 7.87@7.88c.
Dally Statement.
Galveston—Holiday; receipts 301, stock
4929.
Mobile—Nominal; middling 9V4c. receipts
8, stock 9878.
Savannah—Steady; middling 914c, sales
348, receipts 1107, stock 46,800.
Charleston—Firm; middling 9c, receipts
18, stock 1026.
Wilmington — Firm; middling 914c, re
ceipts 297, Stock 13,362.
Norfolk—Firm: middling 914c, sales 65,
receipts 856, stock 28,934.
Baltimore—Nominal; middling 914c, re
ceipts 3335, stock 11,105.
Boston—Quiet; middling 914c, net re
ceipts 87. gross 537.
Philadelphia—Quiet; middling 814c, stock
5843.
St. Louis—Steady; middling 9!4c,recelpts
932, stock 40,463.
Memphis — Quiet; middling 914c, sales
600, receipts 1120, shipments 1117, stock 46,
633.
Liverpool Market.
Liverpool. April 22.—Cotton easy; spot
in fair demand; prices steady. American
middling 5H- The saleB of the day were
10.000 bales, of which 1600 were for spec
ulation arid export and included 8900
American. Receipts 16,000 bales, including
1100 American. Futures opened quiet and
closed quiet; American middling, g. o. c.:
April 4.63 seller; April-May, May-June,
June-July, 4.6264.63; July-August 4.62®
4.63 seller; August-September 4.57 buyer;
September-October 4.40 buyer; Oetober
November 4.30@4.31 seller; November-De
cember 4.28 seller; December-January
4.27 seller; January-February 4.26 seller.
Dry Goods Markat.
New York. April 22 —There has been no
change In the tone of the market today.
Moderate business is moving on current
wants while forward contracts are noted
In some points with orders being placed
for fall dteivery. The Jobbing trade con
tinues quiet.
jetton Latter.
C. W. Lee £ Co.'a Letter to H. D. Coth
ran £ Co.
New York. April 22.—At one time today
July sold at high prioes; August at 9c.
a figure not before reached, and then de
clined sharply 10 points.
As was the case yesterday afternoon,
prioes slumped easily without very much
support. July ran from 9.17 to 9.12 in
short order. It previously ran from 9.22
to 9.16 In about as short a time. Then
between 12:30 and 2:30 July advanced 3
points. Somehow the market looked tired.
New Orleans acted rather heavy. There
was nothing In the news to account for
the slump. News was still bullish, but
If the price always advanced as long
as news was favorable or declined as
long as unfavorable the market never
would stop advancing or declining. Some
thing comes up to change the tendency.
The event today was short selling of
August by a prominent operator on a
good bureau and favorable crop pros
pects. In May the new crop will cut
a big figure In sentlmont. Nothing has
been heard from crop yet.
Murphy £ Co cotton Letter.
New York, April 2*.—Not much business
was doing after the opening today. Sales
took place 2 to 4 points advance, but or
ders were few on either side, and the ex
pectation was that a market of narrow
DR. Y. E HOLLOWAY
Physician and Surgeon.
xnree-rourtns or
the persons who
come to me to get
eurecj of Syphilis,
Gonorrhoea, Gleet,
Stricture, Lost
Manhood and other
private diseases
have tried to get
well by using oth
er means. Why not
come as soon as
you find that you
are afflicted? It
"•u uui oniy save you umircnsiiiB 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
manner possible. I have treated private
diseases ns 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 Na
th nal Bank, Alabama National Bank.
Jpfferson County Savings Bank and
Steiner Bros., bankers, as to my respon
sibility for my contracts. I cure many pa
tients by mall treatment. Write for
prices and terms.
I do not use large advertisements and
false statements to attract patients
which merit has failed to secure. If you
fall to be cured by such methods, give
me a call and get well.
Address Dr. Y. E. Holloway, 1801% Sec
ond avenue, Birmingham, Ala.
Office, Second avenue and Eighteenth,
opposite postofflce.
Office Hours: 8:30 a. m. to 5:30 p. m.
Sunday, 10 a. m. to 12 m.
Established March 12, 1500.
SMITH, MAY COMPANY
Correspondent* of
THE ODELL COMMISSION GO.
Booms Nos. 1 and 2 Elyton building, up
stairs—Corner 20th st. and Morris ave.
Stocks, Cotton, Grain
and Provisions.
Quickest Service In the South.
WE INVITE COMPARISON.
No Interest charged on trades, and divi
dends paid on stocks bought on maglns,
giving all advantages of actual owner to
purchaser.
PROMPT AND CAREFUL ATTEN
TION GIVEN TO ORDERS OVER TEL
EPHONE OR BY Tj -EGRAPH. Orders
by telegraph may be sent C. O. D„ and
we will prepay notice of execution.
Telephone 847.
Our Dally Market Report mailed on ap
plication.
COTTON TIES
At Less TKa.ii Manufacturer’s
Prices.
C. E. CAVERLY,
ATLANTA. GA.
guage was booked for the immediate fu
ture. Receipts attracted little attention,
and the same may be said of weather
which was fair over the south, with sea
sonable temperature. Some are deploring
the withdrawal of the bull leader who
has so prominently figured in the mar
ket for some months, while others regard
the outlook as more promising than ever
since cotton will be more influenced by
its merits more than artificial support.
Prices declined on New Orleans selling
during the morning; in fact the only
support came from Liverpool and the
market lacked much spirit at any time.
The weather in the south has been most
favorable for the new crop for some
time, and little complaint is heard, ex
cept in sections of Texas damaged by
hall has necessitated replanting. Some
portions of the state complain of lack of
moisture despite the big rains of last
week, and on the whole the feeling is
that very good progress has been made
in cotton planting except in portions of
Tennessee. Carolinas and Florida. Esti
mated port receipts today 11,000 vs. 14,000
last year. Total port receipts today 12,
940.
New York Cotton Futures.
2 sf" £ Q
MONTHS. i J
? ■ B
5 s " •
April. 9.18
May.9.25 9.26 9.16 9.18
June. 9.20
July .9.20 9.22 9.12 9.13
August.8.99 9.00 8.90 8.92
September.8.41 8.41 8.37 8.38
October .8.14 8.16 8.12 8.14
November.8.06 8.05 8.02 8.04
December.8.04 8.04 8.02 8.03
The CofVe Market.
New York, April 22.—Spot Rio steady;
No. 7 invoice, 57-16c; mild quiet; Cordova,
8@12c.
The coffee market opened steady with
prices unchanged to 5 points higher and
was predisposed to work still higher after
the call on demrfhd from shorts, light
bull support and scattering purchases for
foreign account. There were no cables
in hand from Brazil, thus temporarily
affording relief to the bulls from “big
receipt figures." At the best of the day
prices were net 5 points higher. The
late cables from European markets were
steadier than expected and this helped
to strengthen bull confidence here. The
market closed steady with prices net un
changed to 5 points higher. Total sales
were 81,760 bags including May, $4.90@4.95;
June, $5.06; September, $5.35; November,
$5.50; December, $6.55; January. $5.60®
6.65; February, $5.65; March, $5.75®5.80.
Live Rto'k Market*. -
Chicago, April 22.—Cattle: Receipts,
2500, including 200 Texans. Steady. Good
to prime steers, $6.75®7.35; poor to me
dium, $4.60456.40; stoekers and feeders.
$2.50@5.00; cows, $l.40®6.00; heifers, $2.50®
6.25; canners, $1,404)2.40; bulls, $2.60@5.60;
calves, $2.25®5.00; Texas fed steers. $5.25
@6.00.
Hogs: Receipts. 16.000. Weak at Mon
day's close. Mixed and butchers. $6.60#
7.06; good to choice heavy, $3.75; rough
heavy, $6,805/6.95; light, $6.60#6.85; bulk
of sales, $6.&)®7.00.
Sheep: Receipts, 10,000. Lambs steady.
Good to choice wethers. $5,504/6.25; fair
to choice mixed, $4.76(35.60; western
sheep, $4.75@6.25; native lambs, $4,754/6.20;
western lambs, $5.50(66.20.
Cinclnatl. April 22.—Hogs active, lower,
$5 854/7.20; cattle steady. $2.504(4.20; sheep
steady, $2.60(86.55; lambs steady, $4.00®
7.00.
Cotton Seed Oil.
Memphis, Apdl 22.—Cotton seed oil In
carload lots, per gallon: Prime crude 3654,
eff crude 34®35, prime summer yellow 39,
off summer yellow 37, choice cooking
summer yellow less than carload lotB per
gallon 45; meal and cake, prime, $22.50®
23.00.
New York, April 22.—Cotton seed oil
steady. Petroleum steady. Rosin steady.
Turpentine dull, 45544446.
New Orleans, April 22.—Cotton seed oil.
prime refined 111 barrels, 41, off relined 40,
prime crude loose 35.
The Metal Market.
New York. April 22.-At London prices
for tin decline £3 10s owing to manipu
lation. Spot closed at £126 and futures
at £123 with a steady tone and sales of
100 tons, spot and 400 tons futures. The
New York market was about 30 points
lower, closing with spo» at 2754 to 275*.
Copper was about steady at New York
and 200 tons standard for July delivery
sold at $11.26, closing with spot at $11.00
to $11.35. Lake closed at 1164 to 12 c; elec*
trolytlc at 11.60 to 12.00 and casting Bat
and nominal at 12 cents. At London cop
per was 6s lower at £62 16a for both spot
and futures. Lead was steady at 464 here
and Is 3d higher at London, closing there
at £1L Its 3d. Spelter was 264 points lower
here at 4.4264 and unchanged at London
at £18. Iron ruled steady and unchanged.
New York pig Iron warrants were nominal.
No. 1 foundry, Northern. $19.00®20.00; No.
2 foundry, Northern, $IS®19; No. 1 foundry
Southern, $17.50®T8; No. 1 foundry, South
ern BOft $17.50® 18.00.
THE LOCAL MARKETS
Looal Cotton Market.
Good middling . 9
Strict middling . 864
Middling . 8%
Strict low middling .. 864
Low middling . 864
Looal Iron Market.
IF . $13.75
2F . 13.00
3F . 11.60
4F .11.00® 11.25
Grey forge .. 11.00® 11.26
IS . 13.60
2S . 13.60
Local 8tocka and Bonda.
Corrected Dally by «™»ldwell A Ward.
Bankers. 2016 First Avenue. Tele
phone 763. (See Card.)
Bid Asked
Ala. State bonds, class A.106 110
Ala. State bonds, class B.108 110
Ala. State bonds. Class C.101 104
Ala. State bonds, funded .108 113
Ala. Con. Coal A Iron Co., com.. 10 30
Ala. Con. Coal A Iron Co., pfd.. 90 100
Ala. Con. Coal A bon Co., bds. .100 181
Ala. National Bank .110 116
Ala. Steel A Ship Bid. Co., pfd.. 86 96
Ala. Steel A SblpWld «•<>.. ode.. 94 100
Ala. Steel & Wire w., pfd-com. .125
Ala. Trust and Savings Co.100
Avondale Gotton Mills .. 85 85
Avondale Land Co. 50 86
Auditorium . 60 76
Bessemer Land and Imp. Co.... ^0 24
Blrm. Ice Factory Co..80 100
Birmingham Realty Co., com.... 33 45
Blrm. Realty Co., pfd. 86
Blrm. Realty Co., mort. oonds.. 9u 95
Blrm. Realty Co., prler liens.... 93 103
Birm. Ry., Lt. and P. Co., com.. 63 57
Birm. Ry., Lt. and P. Co., pfd.. 97 99
Birm. Ry.. Lt. A P. Co., bonds. .100 102
Blrm. Ry. & Elec. Co., bonds..104 168
Blrm. Savings Bank .109
Blrm. Trust & Savings Co..180
Birm Water Works Co. bonds...110 115
Dlmmick Pipe Co., com.12S
Dimmtck Pipe Co., bonds...110
East Lake Land Co. 80
Ensley Co.400 600
Ensley Land Co., old . 6 8
Ensley Land Co., new.120 160
First National Bank .200
Hotel Hillman ... 85
Jefferson Co"nty Sav. Bank....100 101
Jefferson County Bonds—
Courthouse .117 131
Courthouse .113 122
Roads, first series .118 133
Roads, second series .106 108
Roads, third series .120 133
Sanitary sewer.103 105
Martin Cnwikev Co.55 110
North Blrm. Land Co. — 15
People's Sav. Bank A Trust Co..110 120
Republic Steel A iron Co., com.. 18 17
Republic Steel A'Tron Co., pfd.. 70 71
Sloss I. & 8. Co.. 1st mort. bds..108 111
Sloss I. A S. Co., gen. mtg. bds.. 84 87
Sloss-Sheffleld, com.31 33
Sloss-Sheffleld, pfd. 82 85
T. C. I„ gen. mtg. Donds.99 * 102
T. C. X., Tenn. Div.. hAids.108 109
T. C. I., Blrm. Div., bond*.108 112
T. C. I.. Cahaba div. bonds.107 111
T. C. I., Debardeleben div. bds. .101 104
T. C. I.. Pratt div. bonds....100 105
•Ex dividend.
Birmingham City Bond*.
Birmingham city bonds can be bought
on a 44 or 44 per cent basis.
Fruit and Produce.
Applies—Per barrel, 64.75@6.50.
Sweet Potatoes—White, per crate, $3.75;
yellow yams, per bushel, 61.36.
Irish Potatoes—Per bushel, 61.16.
Bananas, Per Bunch - Culls, f0«76o;
straights. 61.25*1.50.
Eggs—Fresh, per dozen, 174c.
Lemons—Per box, 53.00@3.60.
Oranges—Per box, 63.26^3.75.
Poultry—Best friers, 30c; hens, 36c; Pe
kin ducks, 40@55c; puddle ducks, 26@35c.
Onions—Per pound, 34c.
Cabbage—Florida, per crate, 62.26.
Peanuts—Per pound, 4®*o.
Turpins—Rutabagas, lc per pound.
Dried Apples—California evaporated, to;
1-lb packages, 94c; sun-dried, 6c.
Local Staple Groceries.
Flour—Huegely’s beet patent, 64.60; Ten
nessee patent 64.26; half patent 63.90.
Sugar—Granulated, 5c; Y. C„ 44c.
Coffee—Green, 84®I14c.; Ar buckle's
packages, 610.80; Lion packages. 610.30;
Cordova packages. 610.30.
Meats—Dry salted ribs, 9 4-6c; clear bel
lies. 104c; dry salted bellies, 104c; best
hams, 124c; four X hams, 114c; Cali
fornia hams, 94c; breakfast bacon, 14c.
Cheese—New York full cream, 14c.
Butter — White clover 34c. Mississippi
grade 24c; good country 14®16c; mixed
country 124c.
Lard. 104c basis.
Compound Lard—Snow drift, 84c.
Molasses—Centrifugal. 15®35c; sugar
house, 20@36c: Georgia cane. 36c.
Corn—Mixed, 83c; white, 85c.
Meal—Pearl, $1.40: water ground, 61.38.
Hay, Per Ton—Coloe timothy, 621.00;
No. 1. 619.60; clover mixed 519.00; prairie,
613.00; Johnson grass. 512.60®14.60.
Oats—Mixed. 66c; white, 57o.
Cotton Seed Meal—Per ton. 625.00.
Bran -Mixed, 622; pure wheat, 623.
Mrc. Window's Soothing Syrup
the best remeay tor DIARRHOEA. Sold
by druggists In every part of the world,
be sure and aek for "Mrs. Winslows
Soothing Syrup," and take no other kind.
Has been used for over FIFTY YEARS
ky MILLIONS of MOTHERS for their
CHILDREN WHILE TEETHING, with
PERFECT SUCCESS. It SOOTHS the
CHILD. SOFTENS the GUMS, ALLAYS
all PAIN, CURES WIND COUC, and la
Twenty-flva cents a boetlet
TO CINCINNATI.
Queen 8c Crescent Route
(A. G. S.) solid trains, vesti
buled, with elegant service.
All meals a la oarte. Finest
track and equipment in tbe
South. A. B. Freeman, T. P.
A., Birmingham.
MORTGAGE SALE.
By virtue of the provisions of a certain
mortgage executed by John Brower to
secure to W. C. Richards the payment
of certain Indebtedness. In said mortgage
set forth, and the payment of the Inter
est on said mortgage annually from the
date of said mortgage, which mortgage
Is dated January 14, 1901, and Is recorded
on page 14 of volume 279 of the record of
deeds in the office of the probate judge
of Jefferson county, Alabama, I will on
Monday. May 12, 1902, within legal hours
of sale, expose for sale at public outcry
to the highest bidder for cash. In front of
the door of the courthouse of said county.
In the city of Birmingham, the following
property, towlt; Lot number (24) twenty
four In block number (227) two hundred
and twenty-seven, according to the map
and survey of the Elyton Land Company
of the city of Birmingham. Alabama;
said lot fronts 45 feet on the west side of
Twenty-seventh street, and extends back
of uniform width 100 feet, und Is situated
between avenues G and H In said city
of Birmingham, together with the tene
ments and appurtenances thereon. Said
sale Is made on account of default in pay
ment of Interest, and to pay the debt se
cured by said mortgage, Interest, cost
and fees.
W. C. RICHARD®. Mortgagee.
| GEO. ▲. EVANS, Attorney. 4-16-4t-wa
IvF ou> pom m wbjswt i
r Him mo old and smooth end
> pure and good that phy
sicians proscribe H for
woman, who at tlmom mood
a gontlo stimulant or tonic.
It we will forward In a plain
package fall quart bottle for
$1.50. all charges prepaid.
^ CHAS. M. PFEIFER <5 CO.,47 Main St., Cincinnati, O.
The FIRST NATIONAL BANK of Birmingham, Ala.
STATEMENT TO COMPTROLLER (Condensed) Feb. 25, 1902.
RESOURCES.
Loans and discounts.*2,679,054.76
Overdrafts.. .. .. 549.44
U. S. bonds and premiums 104,250.00
Other stocks and bonds... 11,310.55
Bank building. 61,000.00
CASH.
In vault.* 385,093.15
With banks.. 1,242,601.85
With U.S.Tres
urer. 4,299.90
1,631,994.90
*4,378,159.65
LIABILITIES.
Capital stock.S 25O.OSO.O0
Surplus and profits. 184,094.84
Circulation. 60,000.03
DEPOSITS.
Individual ...*3,134,777.19
Bank. 709.2S7.62
U. S. 50,000.00
3,894,064.81
*4,378,169.66
N. E. BARKER, President; J. H. WOODWARD, Vice-President; W. P. Q.
HARDING, Vice-President; J. H. BARR, Cashier; W. W. CRAWFORD,
Assistant Cashier.
DIRECTORS—W. S. Brown, Robert Jemlson, F. M. Jackson, Walker
Percy, F. D. Nabers, Wm. A. Walker, T. T. Hillman, W. H. Hasslnger,
Ersklne Ramsay, T. H. Molton, E. M. Tutwiler, J. H. Barr, B. F. Moore,
N. E. Barker, W. P. G. Harding.
The officers of this bank will be pleased to meet or correspond with thoM
who contemplate making cha nges or opening new accounts.
PROTECTION
AGAINST FIRE AND BVRGLARS
F°r Yoi" jewejs aiV(j Valuables
In the SAFETY DEPOSIT BOXES (Rent from
$5 to $35 per year) of the
BIRMINGHAM TRUST & SAVINGS CO.,
3 Per Cent, Paid on Savings Deposits. A General Banking Business.
THEY ARE AFTER HIM —
The Great
HENRY GEORGE
FIVE-CENT
CIGAR.
HYRONEMUS-BIJRNETT
COMPANY
Distributors.
PHONE 351.
•'BREVITY IS THE SOUL OF WIT.”
GOOD WIFEUYOU NEED
SAPOLIO
Don’t be
Fooled
into buying a piano because it
seems cheap in price. |
Cheap Pianos are
an Abomination
We handle the largest stock
of standard pianos in the South
and are the largest buyers, thus
enabling us to give purchasers
MAXIMUM QUALITY
—for a—
MINIMUM PRICE.
Our terms are In keeping with
our prices.
e. e.Torbes
PIANO CO.
J. H. HOLCOMBE, V.-P. A Mgr.
2018 SECOND AVENUE.
Birmingham.
^ CHICHESTER'S ENGLISH
Penn vRoyflL.pills
Alwar* rallabla. Ladle*. Prafflrt
■S ./TtW* tor CHICHKSTKK'S ICNOLISH
in Itl I) and Geld metallic N*»«» sealed
with i.lue ribbon Take no other. Bcfuso
t>a«ffrrAn* r*nl**tl»utioits and Imita
tions. Huy of jAiir OrnagDt, cr scad 4c. le
■tanipa for Prtrtlrulnra. TcstlmonlaU
and "Relief far Ladle*,” in Ifftrr, by re
fura Mall. 1 W.oao f estimoalai*. Fold by
all Druggist*. Cklrhrater Chemical Ga—
uiipapar. Madleea dcuarc, I’ll!LA.• A*An
The Ramsay-Rellly Engineering and
Conetructlon Company.
Supervision of mines, land, railroad,
mine surveying and structural work of
all kinds solicited.
Have unusual facilities for placing min
eral properties; will value and sell min
eral-carrying lands for the usual com
mission.
Office -sot First Ave. Phone a
RAILWAY SCHEDULES
In Effect April 20 at 12.01 A. M.
Arrival and departure of all trains at
Union Passenger Station. Birmingham.
Ala, _
L. & N—North.
Arrive. Depart"
•No. 2, Fast Mall. N. O... 11:68 am 12:22 pm
•No. 4, Faat Mall. N. O... »:12 pm »:20 pm
INo. 8. Decatur Accom. 3:16 pra
!No. 10, Montg'm Accom.. 7:00 pm.
South.
| Arrive. Depart.
•No. 1. Fast Mall. Cln....| 8:26 am 8:33 am
No. 7, Decatur Accom_|10:no am .
•No. 3, Fast Mall, Cin_| 3.46 pm 4:05 pra
No. 9. to Montgomery ...j. 6:16am
BIRMINGHAM MINERAL—North.
Arrive.
•No. 40, Fast Mall, Blocton .10:45 am
•No. 42. Fast Mall, Blocton . 6:50 pm
INo. 45, Altoona Accom . 8:56 am
INo. 102. Blocton Accom . 7:15 pra
South,
Depart.
•No. 41. to Blocton . 6:26 am
•No. 43. to Blocton . 1:80 pm
INo. 44. Altoona Accom . 8:66 pm
INo. 101, Blocton Accom . 6:10 am
A. G. 8c—North.
. I Arrive. Depart
♦No. 2, Fast Mall, N. 0. .| 6:40 am 6:46 am
•No. 4. Pan-Am. Special.,| 6:45 pm 6:50 pm
•No. 6, Meridian Accom. .|12:25 pm 4:60 pm
South.
I Arrive. | Depart
•No. 1. from Cincinnati...|10:06 pmjl0:10 pm
•No. 3, Pan-Am. Special. .| 9:65 am|10:00 am
•No. 6. Chattan'go Ac'm..jl2:46 pm| 4:30 pm
SO. R. R—North, East, South, West
I Arrive.
•No. 16. from Blossburg, Ac'm..| 8:14 am
•No. 20. from Selma .j 9:56 pm
•No. 21, from Anniston ,.I 9:68 am
•No. IS, from Washington .11:46 am
•No. 36, from Mississippi.j 4;oo pm
•No. 37, from Washington . 9:60 pm
•No. 38, from Mississippi . 6:40 am
•No. 22. from Mobile and Selma.. 6:40 am
I Depart.
INo. 16. to Blossburg. Accom... 4:60pm
•No. 19, to Selma .| 6:20 am
•No. 22, to Anniston .| 4:39 pm
•No. 35, to Mississippi .12:60 pm
•No. 34, to Washington . 4:10 pm
•No. 37, to Mississippi .10:20 pm
•No. S3, to Washington . 6:00 am
•No. 21. to Mobile .10:20 pta
’FRISCO SYSTEM.
K. C, M. A B.—East.
Arrive.
•No. 206, Southeastern Limited... 3:66pm
•No. 208, New York Express. 6:50 am
No. 209. Winfield Accom .10:00 am
Fast Line to Kar.aaa City.
West.
| Depart
•No. 20*. Southeastern Limited... |12:3n pm
•No. 204. New York Express .10:20 pra
No. 210. Winfield Accom .| 4:30 pra
CENTRAL OF GEORGIA—East
| Depart
•No. 2, to Macon.| 7:10 am
•No. 4, to Savannah.j 4:00 pm
West
| Arrive.
•No. 1, from Macon .| 8:45 pm
•No. 3. from Savannah .|12:2Q pm
Trains marked thus * run dally. Thus I
dally except Sunday.