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ii ; t ; a It 1 1 :; t 4 If I t 1. 5 . M -, j; I: . . , , 1 I - r. f , . : ! i 1 1 'i. ( i , it! 1 ? ' 4 ' i ! !' 4 " 1 ! I ! 1 I, r 1 1 THE PARMER AND MECHANIC - . & I I n-v- nnrft II n WHbM COTTOW H E Mi 1ST STEADY II! ST AT1QNARY Market Opens at a Decline and This is Followed By a Mod erate Rally Based On Actual Condition of Export Trade, As Opposed To What They Miaht Be " STOCKS HAVE I R REGULAR DAY N'ev. V'rk. IV-b. 27. - An nrly de cline in colon wa. fnllnwvd hy mod erate rallies, ami the close was very Btf.'i.lv, n-t four jM.'mts ..w.r to one point higher. Apr-hMisiott that cotton might be made contraband sfcnicd to be largely responsible for the selling movement. The t;lk around the Moor today re flected fear that even if this were not done some incisure might be .adopted which would greatly restrict future shipments to (Jermany or Austria. The market opened at a decline of four to the points, and later sold about seven to nine points net lower under scattering local liquidation and New Orleans selling. Trade interests were buyers on the decline, and prices later recovered most of the loss on covering which probably was promoted by the com paratively heavy spinners taking for the week. rinsing prices were prac tically the best f The week. Notwithstanding predictions of a decreased export movement., the amount of cotton on shipboard await ing clearances at. the close of busi ness yesterday was 451,011 bales, or nearly HO. 000 bales in excess of the amount at the same time last week. Cotton closed very steady. Open. High. Low. Close. GOES UP ON LACK OE H S March . . . May July . . October . December Spot cotton lands 8.35. No sales. mm mm 17 66 92 10 S.2a 8.48 8.63 8.97 9.16 8.20 8.41 8.62 8.91 9.10 quiet; middling 8.24 8.46 8.68 8.96 9.15 up- Foreign Exchange Turns Eas ier On London and Berlin, Coming Week Expected To Be Very Important One New York. Feb. 27- Irregular prices were the fcwtures of today's: session on the stock exchange. The movement was upward at the outset, followed by general declines and an uneven close. Amalgamated Copper was stronrresl of the active list. Other speculative favorites made only frac tionai changes either way. Foreign exchange was easier, the rate for London bills being slightly under yesterday's final quotations, wbile remittances on Germany re peated recent low record figures. It is expected the coming week will bring developments of importance to the various markets for exchange, with further gold imports from Can ada. Weekly trade reviews refer to re newed expansion of business. Re tail trade in most sections is expected to be stimulated by the first indica tions of spring weather. Foreign news of interest included dispatches of a probable Swiss loan by Americrn bankers. The amount men tioned is relatively small and if car ried out may take the form of treas ury notes. A more cheerful tone pre vailed in London's markets, but the volume of operations there, especially in Americans, was little more than normal. Announcement that Western Pacific probably would default on its bond interest and that receivership pro ceedings would be instituted against the road excited little interest by rea son of the fact that such action had been foreshadowed. Today's market was irregular with total sales, par value, of $1,133,000. United States registered 2s declined 1-4 per cent on call, during the week. NEW Reports From The Dardanelles Come After Trading Hours and Probable Wild Tumble Is Averted Chicago. Feb. 27. The wheat amrket to day scored a substantial advance. News that forty war ships had forced a passage many miles up the Dardanelles did not reach here until after trading hours. Friees closed strong 2 to 44 above last night. Other net gains were corn 2i to 21vi2-, oats 1V4 to 1(T1, and provisions 5 to 12 cents. Grain and provisions closed : WHEAT May 15.W; July 121 CORN May 74; July 7GVs. OATS-May POTiK May 17.32; July 17 LARD May 10.37; July 10 lil I S May t).S7; July 10.17. Cash grain : wheat no. 2 red 1491 (a 152. No. 2 hard l'(31oZ. FIGHTING FOR PURE MILK 57 1,4; July 54 Yt. .60. KESK11VK BANK Washington, D. C. $7,- sixty days $7; Am. Am. Am. Am. Am. Am. Am. Am. 8 2 2 17 19 4 4 8 1 2 Amal. Copper. Am. Agri. . Can . . C. and F. Cot. Oil Smelt. . Suuff . . . . Sugar 2 Tel. and Tel. . 3 Tob Atchison 2 At. Coast Line . . Haiti, and Ohio . Canadian Pacific . . Central Leather . . Cues, and Ohio . .. C, Mil. and St. P. . Erie (Jeneral Electric .. Gt. Nor. Pfd. . Illinois Central . . . Inter.-Met. pfd. . . Kan. City Sou. . . Lehigh Valley . . . Lnis. and Nash. . , Liggett and Myers , liorlllard Co Mis., Kan. and Tex, Missouri Pac. . . . Mex. Pet N. Y. Central N.Y..N.II. and II. . Nor. and West. . . Nor. Pacific . . . , Pennsylvania . . , Reading , R. I. and Steel . . It. I and Steel pfd. 11. T. Co. i U. I. Co. pfd. . . YORK STOCK LIST. 52 CD 4oyt 61 102 119 26 40 45 60 102 111) &4 94 6 65 157 34 40 S5 20 139 113& 50 21 132 64 156 34 40 Hi 20 139 113 55 21 131 4 4D 55 19 13 2 7 72 10 12 68 32 45 100 104 142 10 11 81 44 -f fS or 104 141 53 4894 26 40 45 61 112b 102 119 224b 94 90 64 157 34 40 85 20 139 113 103 55 21 131 112 205b 173b 10 12 66 82 45 100 b 100 104 142 19b 74 HALKICill COTTON MARK ITT. (Reported by Parker Uros. and Co.) Receipts yesterday 42 bales. iood middling S cents. Strict middling 7 7-8 cents. Middling 7 5-8 cents. Low grades 6 to 7 cents. NEW ORLEANS COTTON. New Orleans, Feb. 27. Fear that England might add cotton to the con traband list caused much selling and a decline in the future market today. Covering of short cotton by bears who wanted to realize profits over the week end kept the tone steady and caused a complete recovery. The close was at a net loss of one to two point. At the lowest the trading months were six points under yesterday's close. Bulls were nervous because of the situation abroad and exporters were said to havo withdrawn from the market. Telegrams from the interior cf the belt said restrictions arounC Kpring were having an unfavorable effect. Cotton futures closed: March 7.94; May 8.16; July 8.SC; October 8.64; December 8.79. Spot cotton quiet, unchanged. Sales on the spot 335; to arrive 2,400 bales. middling 7.75. CLEARING HOUSE STATEMENT. New York, Feb. 27. The statement of the actual condition of clearing house banks and trust companies shows that they hold $134,761,700 re eerve in excess of legal requirements. This is a decrease of $2,412,750 from last week. The statement follows: Actual Condition. Loans, etc., $2,297,504,000, increase $10,556,000. Reserve in own vaults (R) $363,. 494.000, decrease $1,682,000. Reserve in Federal reserve bank $113,066,000, increase $1,370,000. Reserve In other depositaries $33, 008.000 increase $217000. Net demand deposits $2,169,702,000, Increase $13,650,000. Net time deposits $98,746,000, in crease $749,000. Circulation $39,118,000, decrease $297,000. B) of which $290,790,000 is specie. Aggregate reserve $509,568,000. Excess reserve $134,761,700, de- 414 TEA "ZSVlt-rSZ:-- . . v Liverpool. Feb ouiiiuiury ui oiam oanKS ana trust I Oood mid. 5.28: ci'inu.inirs in oreaier ew lork notl.. Included In clearing houne statement: Loan, etc.. $560,642,700, increase $4,726,800. Specie $44,104,400, increase $154,- 200. legal tenders $10,101, 6C0. increase $16 200. Total deposits $651,358.3K. decrease $4,997,500. I Sterling exchange easy; sixty day bills Banks' cash reurve In vault fin . 4.78.75; for cables 4.80.25; for demand t0 ti(h m m ,v vv i x 1 1 iiwi Trust companies' cash reserve In hULri?' STATEMENT. Feb. 27. Bills discounted and loans made by Federal reserve banks have increased about $3,000,000 during the last week, ac cording to the statement of condition February 26, issued today by the Fed eral Reserve Board. The statement shows: Resources. Gold coin and certificates $ 248,90?, 000. Legal tender notes, silver certificates and subsidiary coin $29,08 5,000. Total $277,994,000. Bills discounted and loans: Maturities within thirty days 656,000. Maturities within 102,000. Other $5,711,000. Total $20,469,000. Investments $17,417,000. Due from Federal reserve banks: Items in transit $8,088,000. All other resources $7,765,000. Total resources $331,733,00,0. Liabilities. Capital paid in $36,069,000. Reserve deposits $290,336,000. Federal reserve notes in circulation (net amount), $5,328,000. Total liabilities $331,733,000. Gold reserve against net liabilities 86.6 per cent. Cash reserve against net liabilities 96 .7 per cent. Cash reserve against liabilities af ter setting aside 40 per cent gold re serve against net amount of Federal reserv noia in Circulation 97.7 Der cent. j ne Doara in its weekly review says; rhe three Southern banks, Rich mond, Atlanta and Dallas, reprt over 75 per cent of the total amount of commercial paper held by all the banks. The amount of investments ror the week shows an increase of $2,100,000. Of the total $4,406-000 oi me united states bonds on nana reported by six bnks, Chicago alone reported $3,125,000. Aggregate deposits show a gain of $4,900,000." - There's Necessity . of Co-Operation Be tween Farmers anil the Amlmrhi. of the Cities. (M. M. Carrick, M. D., Sanitation Kn pert, Writing for Texas Farmer.- Union Press Service.) So many dramatic disclosures bu. been made in regard to the relatio,, between dirty milk and the excessix def.th rate among infants that fan v.. ers are beginning to realize its tuv. t before the necessity of co-operatic with the municipal authorities in th, fight for pure milk. Milk is certainly the most imprn-.. ant article of food in the human die tary, and it is also the most contains -nable. It is therefore, up to the fain, er to see that the milk from his gets to city babies in reasonazlc :v state of cleanliness as possible. Nc? that this is an enclusively baby prob lem, for all sorts of diseases are car ried through milk- Tuberculosis : . an example of this class, and a num ber of epidemics of diptheria rip., scarlet fever have been traced to t ri milk supply, but when we paus t consider that one-fifth of all the bal-i. born in the United States die i their infancy from preventable ur eases, and that sixty per cent of ih are due to gastro-intentinal disease due to improper feeding or impur. milk, we naturauy uecin to look int.. the cause. I realize, of course, that not evt-cy farmer can have his milking di.!lt scientifically, but it. is possible for bin to produce safe milk for his own us.. and that of the public by very simj.!. and inexpensive means. He may not have an elal-oru- dairy outfit, but his cattle can be 1 .; clean and in perfect health with Lh assistance of a veterinary. It will in to his financial interest in the long ran. Tar paper, whitewash and home-mrub-cement will insure a sanitary stabl at small cost. Then, there should be u . over-i milking pail in place of the old-fash, ioned wide-mouthed pale. This wili keep nine-tenths of the dirt out din ing milking time. All milk utensil-. may be kept clean rinsing in seaUliru water. Jf ice is not possible for on farmer, is it not feasible for several farmers to combine their interests am! secure a supply of ice at some central place at a reasonable cast? I hope the readers of this paper :ir not superior to germs. If you ar-;-. send for some of the government liter ature on the suiect of the care of milk. A request to the bureau of agriculture will bring a number of bulletins to your door, much to your enlightenment. 1 74 74 74 DAILY COTTON TABLE. 1 lb I Port Mnvmn S. A I a . . . '. I . .. .................... , "V- -,c, . MM jll T " . ! I S. A. L. Tfd 1 32 32 32 cf" ""u-Ki"luuu"e ., receipts mere are other lines unsold and nrice 8. S. 8. and Iron . ........... 24b ' ' saies continue In favor of the buyer. Ship- SoStS Hallway "1 fk Galveston: Middling 8.30; receipts 6.- on old orders are full TX I 4 WEEKLY COTTON GOODS. New York, Feb. 27. Primary cot ton goods markets have been gen erally quiet. Prices on most lines hold steady but one some of the wide print cloth yarn goods there has been a slight recession varying from 1-1 G cents to 1-8 cent a yard. Stapl brown domestics are barely steady, while bleached cottons and nrinted goods hold firm. Wide sheetings, sheets and pillow cases, and nillov? tubings continue firm. Staple ging hams are steady, Southern lines nov? being held generally at five cents against the low point of 4 1-2 cent.4 last year. Dress einehams under ft few brands are being sold steadily but the general trade in them is not active. Cotton duck continues in steady demand for export for war purposes. Duck for general commer, cial purposes continues general quieL .Ketaiiers have been buviner wash goods and white sroods more freelf for immediate and nearbv delivery. and fine printed wash fabrics for dres purposes being particularly active. Agents handling the best known line or napped cottons are satisfied with the volume of fall business done, but Ry. nfd Tennessee Copper . Texas Co. . . . . Tex. and Pae. . . . Union Pacific . . . United States Steel. U. S. Steel pfd. . . Utah Con per . . . Vir., Car. Chem. . . Western Union . . . Beth Steel . . . . Am. Beet Sugar 59 74 28 127 11J 42 21 127 119 41 16 51 3 22 50 62 54 391 27 127 llb 119 42 l3b 50 51 20b 62 62 53 5-1 3S 39 receipts 1,847; Total sales for the day 110,300 shares. WESTERN JLXVE STOCK. Chicago, February 27. Hogs strong; bulk 6.506.65; light 6.450 6.70; mixed 6. 40 6. 70; heavy 6.15 6.65; rough 6.156.30; pigs 7.55 8.75. Cattle slow; native steers 5.50 9.15; cows and heifers 3.607.50; calves 7. 00 10. 50. Sheep steady; sheep 6.85 yearlings 7. 65 8. 55; lambs 9.65. 793. Mobile: Middling 7.63; STOCK D3,4y. savananh: Middling 8; receipts 8,746. tipwris sates xtvi t ; siock Zli,uyi. Charleston: Middling 7; receipts 469; stock 110,969. Wilmington: Middling 7; receipts 2, 132; stock 55,054. Norfolk: Middling 7.75; receipts 2,452; saiea x,x5; siock Baltimore: Middling 8; Boston : Middling 8.35 ; exports 1,308; stock 12,000. Philadelphia: Middling 500; stock 4.C25. New York: Middling 8.35; receipts LSG9 Minor ports: Receipts 228; exports 11 stock 5,089. receipts 1,021; 8.60; receipts anticipations of delivery. i-nces are as follows: Print cloths, 28-inch. 64 x 64s. 2 7-s cents; 64 x 60s 3 2-4 inch, 64 x 64s, 3 15-16 and 4 cents; hrown sheetings, Southern standards, b cents; denims, 9-ounce, 12 cents: tickings 8-ounce, 11 1-2 cents: stand- nams 6 1-4 9 1-4 cents. cents; staple ging cents; dress gingham Vil'lT amt-n nci 4 I?ffeio6a- Feb 27.-Turpentine fi ;TnVHSo2; receipts 53; shipments Kosm firm: raIos iion. Arm. -TJm , Total today: Receipts 67,137; stock 1,797,716. 38,935; exports S7.75 7.80 LIVERPOOL COTTON. 27. Cotton spot middling 4.94; steady: low mid. Sales 6,000; speculation and export 2,000. neceipts 34.7JS0. Futures quiet: May-June 4.84; Jnne July 4.88; July-Aug. 4.93; Oct.-Nor. 5.06; Jan.-Feb. 5.13. NEW YORK MONEY. New York, Feb. 27. Mercantile 3C4 paper -ault $43,367,000. Railroad bonds irregular. Interior Movement. Houston: .Miaaimg receiDt.i 11 . up; snipmencs irf,iw; sales 1,185; stock 1W.11 1. Mempnis: Miaanng receipts 3.757 shipments 1,379; sales 1,088; stock 141 2To' St. Louis: Middling 7; receipts'! - wj-j; SDicmeaia iiAi; sales io; stock 3S, -x. Uiiicinuaii: i wrve nis 1 ; SUipments 1- tiuue uikk: uuniing ..: receipt-? shipments 1,596; stock 53.278. ' Total today: Uereipta 1S.738; shimnt NEW YORK PROVISIONS. molasses 4.00; centrifuFai 4.77: Si.i steady. Ltl Itutter and cheese steady Coffee, sit quiet: Itio No". 7.':,p.'! to No. 4. 9c. ' lC- an- snipments 1.47.: stnrta -iooooc v w or- . . . - ' . 5.50. fin 5; 5.00; and n 3.0714: I 3.15; WG 5.15; WW DRY GOODS MARKET. isew York, Feb. 27. rv.n were auiet nmi t. laps were higher. Linens and dress tju. were fUlvnnn n T..v,v r. , , . U UUD'U.I goou trad goods. in white re. wash v, . T KLIN HITTER. Llgin, 111.. Feb. 27.-Uutter 39 cents. .1;: Bird Houses on Farms. btart at once to make some bird nutans. Try scattering a -f Qhfti,t the premises and enjoy the neighbors tnat will jtiove into them. One of the most pleasing songsters, that may easily be attracted to a home near the house, is the wren. A very small cpening should be made in its house r' trevenf other birds from using it.