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i ; i i ! f 1 t. 'i - I! ! i ' ' i i t t i l I , i i I . ' i f i t " ' 14 THE FARMER AND MECHANIC. COTTON lit T WEEK E ND STEADY Early Decline Is Followed by Rallies on Scattered Cover ing; Close Is Three Points Lower, Selling Off at Loss of Seven to Ten (Ity tin- Associate! Irw). York, Aug. 14. All e;irly tin cotton market v.'s followed on scat tered covering for tin decline In by ml lit's WCek-CIld steady, net unchanged to wllh flic (dosi 3 poiutti lower. Cables were relatively staly. but the market here opened at a int of 2 to 4 points, and sold off to a not loss of about 7 to 10 points during the early trailing. The ceusa figures on supply and dis tributioii for the month of .July showed rat!iT a smaller domestic mill consump tion of lint cotton than some had antici pated, while scattering liquidation may also have been inspired by press reports suggesting an increased probability that the allies would soon place cotton on their list of contraband, but the selling seemed to 1m carefully based on the better view of the weather map and reports that the increase! movement in tne sout invest was bringing some hedge wiling into the lo cal market. imeriugs, nowever, were not neavy or general cnougli to suggest any material change in general conditions, and after the decline to 11.55 for December contracts, prire steadied on a moderate demand from shorts and scattered buying pro moled by a steadier turn in the New Or leans riurket, and the failure of the Texas veat!e-r details to show as much rain in the Xo.it invest as expected. 'I official forecast was for partly clo .-v weather In the Western belt, but : ..i ..f thel o-al traders predicted that tw progress of the tropical storm off the K.mt'i coast of Florida would possibly brt. L'. Texas further rains within the next two or three days. Cotton futures closed Open. O.t t).30 Dee .Gi .ln 0.71 Mr y.&T May Spot cotton quiet 9.30; no sales. STOCKS HALTED IT . WAR SPECIALTIES Severe Reversals Mark Brief Week-end Session of Market. Setback Attributed to Belief Rise of Volatile Issues Should Stop; Crucible Steel Weakest WHEAT UNSETTLED REPORT IKES THIS 111 RICH AS MARKET GLOSES Big Receipts and Disturbed Ex port Situation Give Advant age to Bears; Outcome Is Unchanged in Provisions to Ten Down Under Friday Will Dixon May Get H ;' lion For Torpedo G, . Invention stead V High. t).33 IUV4 9.74 0.08 10.21 Low. 0.27 9.55 9.07 9.9:i 1ft lo Close. 0.32 9.62 9.72 0.07 10.21) (Iiy the Ass.-iated Press). New York. Aug. 14.--Severe reversals in some of the war specialties marked today's brief session of the stock market. The setback was attributed to a variety of causes, but more likely it resulted from the fast growing belief that the time had come for a halt in further rise of these volatile issues. Crucible Steel was the weakest feature, recording a maximum loss of 8 points. Willvs-Overland, liethlebem Steel and Al- lis-Chalmers fell from 4 to 15 points, but regained much of their loss later. Ileth- lehem Steel preferred, on a single .sale just before the close, lost 11 points. The movement was not all in the one direction", however, Studebaker ascending to the new high price of 100. an overnight gain of 5i. Other points of strength in cluded Pacific Mail, and American Woolen common and preferred. Railroads were irregular nntil toward tho end of the session, when Heading re covered from its earlv heaviness, carrvmtr others in the same class to higher levels. Lower rates for exchange on London and Paris were quoted and the foreign ex- eminsre market was uneriv ueniornnzeu. The bauk statement fulfilled popular es timates, actual demand deposits increasing over 50.000.0H. with a $21,000,000 increase of reserve, these items being an obvious reflection of the week's heavy gold im ports. The bond market manifested an easier tendency on nominal dealings. Total sales, par value, amounted to $1,320,000. 1 nited States coupon 4s declined y ler cent, and Panama 3s call during the week. issues (Iiy the Aasooiatl Press). Chicago. Ills.. Aug. 14. Iig receipts and the disturbed export situation gave a de cided advantage today to the bears in wheat. Largely as a result, the market closed unsettled. 7A to 2 under last night. a was 4- witli September at 1.05, and l.ntji.i. Corn suffered a loss of K net, and oats of visions the outcome down. Jrain and provisions closing WHEAT Sept. 1.05; Dec. 1.00. CORN Sept. 74: Iec. G3V4. OATS Sept. 39; Dec. 30Vj. PORK Sept. 13.95; Oct. 14.05. LARD Sept. S.00: Oct. S.07. inns Sept. 8.85; Oct. 8.90. Cash gram: Wheat. No. 2 red hard 1.131.15. Corn. No. 2 yellow low SOfaSO v.. December to In pro- unchanged to 10 nor cent on the Other government advanced Vi to V per cent. NKW YORK STOCK LIST. Sales in Hundreds. High. Low. Close. Middling uplands .r9 ooy4 514 58 NORFOLK COTTON MARKET. (Reported by Holmes and Dawson.) Good middling 914 since middling 9 K 1 1 I1 1 1 ti r . . .. .. .. 7. Strict low middling 8 Low middling 73-; Aian;ei quiet. R A LIC Kill COTTON MARKET. (Reported by Parker llros. and Co.) Receipts, 16 bales. Oood middling 8 Strict middling 8 Middling 8V4 WW graucs u to 7 NEW ORLEANS COTTON. (II j the Associated Press). ;ncw Orleans, La.. Aug. 14. Little atten tion wa paid to bullish features todav in tne cotton market and enough selling dev- eiOed to hold prices under the level of yesterday's close. At the lowest prices were 1 to 7 points down. Toward the end of the session, shorts brought covers and tlie close was steady at a net loss of 1 to 2 foints. Cables were better than due, but they aid not neip opening prices, which were a point off on the near mouths. The bullish con sumption figures from the census bu reau railed to stimulate support and the approach of the tropical storm nearer to trie cotton belt did not encourage buying. reeling was bearish over the export and rorvLgn exchange situation and because or the growing conviction that England momy would put cotton on the coutra band list. veiling undoubtedly was held in check ny Duuisii influences, but at no time did me market develop any buying power. rcauer conaitions over tne txHt were con Biaerea rarorable because of showers. Cotton futures closed steady rline of 1 to 2 points. Close: lc. :i.42; Jan. 9.55; March 9.7S; Slt cotton quiet unchanged, the pot 190. to arrive 1,275. 8.94. 1G SOVi 78- Am. P.eet Sugar .. 58 American Can. . .285 Am. Cities pfd Am. Cotton Oil Am. Smelting. American Sugar Ant. Tel. and Tel American Tobacco . 1 228 228 Atchison 11 102 102V& Atlantic C. L Hal. and Ohio. .. 14 82V-'. K2 Rethlehem Steel. . 14 292 285 Rrook. Rap. Trans. 32 85 83 Canadian Pacific . . 15 153 152 Central Leather. .. 5 42 42U Chesa. and Ohio. . 2 46 45 Chi. Mil. and St. P. 11 S3 82 Chi. R. I. and Pac. 5 174 10 Consolidated Gas Corn Products . . 20 10 V 1C Erie 51 28 27 Vs General Motors.. . 16 220 216 Gt. Northern pfd. . 2 119 118 Illinois Central Inler-Met. pfd Kan City Southern. 22 28 28 59 60 46 51 SO 109 122 22S 102 102 82 290 85 153 424 46 82 16 126 16 IV ft 219 11S 100 74 28 Louis, and Nash 113 scattered at a dc- Oct. 9.15: May 9.98. ?aies on Middling Liggett and Myers. IO rill a rd Co 3 Maxwell Motor Co.. 44 Mis. Kan. and Tex. 5 Missouri Pacific. .. 21 Mex. Petroleum ... 58 National Lead . . 8 N. Y. Central ... 8 N. Y., N. II. and IT. 1 Norfolk an 1 West.. 1 Northern Pacific .. 7 Pennsylvania ... 14 Reading 132 Rep Iron and St. . 33 Rep. I. and St. pfd. 1 Seaboard A. L. . . 2 Seaboard A. L. pfd. SI. Sheff St. and L. Studebaker Corpo Southern Pacific Southern Railwnv Southern Ry. pfd. Tennessee Copper Texas Co and Pacific Pacific. . . Rubber. . . Steel Steel pfd. . Copper 46 .136 176 42 K o 81 64 90 64 107 108 109 148 44 98 14 100 DAILY PORT MOVEMENT. New 1.676; 127.6!) Galveston: Middling 9; exports 11,217 : stock 93.911. Mobile: Middling 8.18; stock 12,256. Savannah: Middlirg 8.63 Pales 210; stock 58,901. Charleston: Receipts 18: uneans:- Middling 8.94: receipts rMwn i,iw; sales l,4(K; stock receipts 2,641; receipts 444; ; receipts 1SS; Texas Union U. S. TT. S. IT. S. Utah Vir. Caro-Chem. Western Union . Westinghouse Electric . . . . Allis-Chalmers . Ann"conda . . , Crucible Steel . . Total sales for 30 6 390 o 22 34 4 .175 .191 . 41 .206 '44 143 48 74 112 65 26 71 H- 42 67 Vi 7.) 175 40 7 1 78 63 90 64 107 107 108 146 42 98 14 49 89" 16 42 143 130 47 73 112 65 36 70 111 36 66 mi L 220 176 41 .15 81 66 90 64 107 108 108 148 43 98 Vi 14 S3 50 99 89 16 48 44 143$ 12 131 47 73 112 65 36 71 112 40? 67 72 the day 380,500 shares BUTTER STEADY. 161 Wilmington: Receipts 7Z; kiock si.wf. Norfolk: Middling 8; ales T3: stock 44.076. Haiti more: Stock 1.964. I'.oHton: Middling 9.30; stock I'biUdelphla: New York : stock 42,488. Elgin. Ills., Aug. 14 Butter steady 24c WEEK'S BANK STATEMENT. exports 6,- recelpts 317 : 13.000. 1.071.0S ; No. 80?:S1 : No. 4 yel- 1EDERAL RESERVE BANK. (Slecial to The New ami ;s--v.. New Bern. Aug. 14. A re; : Pamlico county is to the c:v the United States govei -nmr fered to pay Will Dixun. of 1 five hundred thousand doI!n patent on an invention w i protect ships from attack wr pedoes. Mr. Dixon claims given eight seconds notice, in vent a torpedo from striki: and can equip the vessel with paratus at a cost of live thou; lars. He went to Washtngt days ago to demonstrate th- 1;,: before the Naval Board and th so much impressed a)i it claimed, the offer of this i ;. was made for the sole rights Another Invention. D. S. Koonce, a blind man wi at Ocean, in Carteret countv. i fected a system of placing th duction of a photograph of m a tombstone and declares Uni not be effaced once it is th- 1. this invention put into pram, vice and general use. it will possible to look upm a likn.-sv departed while reailing tiie ins. on his monument. 1 1 ' Washington, D. C, Aug. 14 The Federal Reserve P.ank statement for the weelc ena- inir Autrust 13 follows: Resources: Gold coin and certificates m vault .ruv.4.UU. iom seuiemeui innu $5.3,4iK).0C0. (laid redemption fund with nited States treasurer $1,804,000. Total gold reserve $264,271,000. legal tender notes silver, etc.. $20,919,000. Total reserve $285,220,000. Rills diseounti'd and bought PHILADELPHIA TRIES TO SAVE THE BABIES $3,41.000. Ma- $10,215,000. Ma- m days $14,968,000. Ma 90 davs $10,170,000. Ma- over 90 days $2,024,000. Total $40,- Maturities within 10 day turities within 30 days turities within turities within turities Nl 8.000. Investments: U. S. bonds $8,007,000. Mu nicipal warrants $18,558,000. Due from Federal Reserve Ranks, net $4.02.ooo. Fed eral reserve notes, net $11,266,000. All other resources $o,023,OO0. Total resources $374,120.00. Liabilities: Capital pain in $54,331,000. Reserve deposits, net $301 ,926.000. Federal reserve notes, net $15,723,000. All othei liabilities $2,140,000. Total liabilities $374, 120.000. Gold reserve against net lia bilities 84.3 per cent. Cash reserve against net liabilities 90.0 per cent. Cash reserve against liabilities after set ting aside 40 per cent gold reserve against net amount of Federal reserve notes in circulation 93.6 per cent. NEW YORK PROVISIONS. New closed. Spot coffee steady 9. York, Aug. 14. Spot sugar market Rio 7s, 7; Santos 4s, NEW YORK MONEY. New iorK, Aug. n. Mercantile paper k i : j 1 . m. T , , A r r -a r-AKXjo'x. nifiuuK w nay oios i.iw: ue- mand 4.69.50; cables 4.70.25. Francs, de mand 5.90: cables 5.89. Bar silver 47 ; Mexican dollars 36 ; government bonds easy. Railroad bonds easy. WESTERN LIVE STOCK. Chicago, Ills., Aug. 14. Hogs unsettled. Bulk 6.407.15; light 7.007.80; mixed 6.30 7.6-j: heavy 6.05rd7.10; rough 6.050.20; pigs .yocqr.7rj. Cattle steady. Native beef cattle 10.25: cows and heifers 3.10(5)9.10; 8.0011.75. Sheep steady. Sheep 5.906.65; 6.758.95. NEW YORK DRY GOODS. 6.10(9! calves lambs New York, Aug. 14. Openings of dress goods announced by some large staple mills snow advances on wide goods of cents a yard. Burlaps were very firm to day. Cotton goods and yarns were steady witu aemana siigntiy Detter. TO WAIT COTTON REPORT. Liverpool, Aug. 14. The cotton exchange here will remain open until 6 p. m., on August 31 to receive the American Agri culture Department's report on the con dition of the cotton crop. NAVAL STORES. 25K. Miuor Total Middling 9.55; stock 1, Mlddllng 9.30; stock 231,- Iort8: today 20,043; stock 691.904. Stock 29,425 Receipts i.ji:; exports Interior Movement. Houston: Middling 9; receipts 3.216; shipments 3,;n; saies ; siock 44,-j39 Meinnliln: Middling 8.87; receipts 123 (Oil omenta CI: sales 200; stock 71,076. AugusU: Middling 8.63; receipts 275; Rhl omenta 621: sales 339; stock 104,773. 8t. Ijouls: Middling $: receipts 377; KhlnmentH 894: sales 850: stock 14,264 Piiiflnnatl: Ueceints 75: shipments 104 tock 15,125. IJtUe Hock: Middling shipments 120; sales 120; ball: Middling 85; ToUl ioda: Receipts 6,106; stock 21T.T75. 8: receipts 17; stock 7.798. sales S66. 4,083; shipments New York, Aug. 14. The actual condi tion of clearing house banks and trust companies for the week shows that they nold Sis .232.860 reserve in excess of leiral requirement?. This is an increase of $21. 174,520 over last week. Actual Condition : Loans, etc.. increased $25,191,000. Re serve iu own vaults increased $29,806,000. Reserve in Federal Reserve Bank increased $303,000. Reserve in other depositaries in creased $116,000. Net demand rienrwita In- Creased $50,772,000. Net time deposits de creased $548,000. Circulation increased $70,000. Aggregate reserve $35.66.000. Rr- CS?11 WW.232.800. Increase $21. 1 74.o JO. Summary of State banks and trust com panies in greater New York not included in clearing house statement: Loans, etc., increased $763,800. Specie ."v.nnru lAni tenners inprom. $166300. Total deposits increaa i" Banks cash reserve in vrhR $10'- Trust corn nn n i oah r..,, $48,101,400. 1U ed 408,400. 572. W0. vault Sheep could be purchased for four pence each in England in the twelfth Savannah, da., Aug. 14. 38e; sales 274; receipts 116; stock 17,207. Rosin firm: sales 1,187: receipts shipments 1,313: stock 61.428. Quote: A.B. 2.90; C.D.E. 2.95; F G. 3J5; H.I.K. 3.30; M. 4.00; N. 4.85 5.55; WW. 5.70. COTTON SEED OIL LIVERPOOL COTTON. Korty IVaincil Nurst I made Cim-i- imI Softio-ii to Sprt-ad ;wp i ,,f TIealtli. Philadeljihia Record. On a scale never before ati ,-ut !. Philadelphia in sending a -r;i ! ; trained nurses into the vnc, i wards to spread the gospel nl h -i. u and to care for the mass of i 1 1 1' - 1 i- nate babies who are sinter;. , their environment and povi-v 1 spend the summer months t; i r and suffering in health. The infant mortality vvhi h in- 1 sinister significance in th" ' .h where poor housing conditions s ', congested sleeping (uart rs. .i.M.i . evty conspire for the little ori'-s' 1- 1 must come down. Dr. Ziel- i ot Department of Health, says, ir i 1 long as councils will not furtii-h funds it will continue. From house to house. seki:u' infants who are struggling to r. : i.u a hold on life after just coming into the nurses go. Not only do th devote their attention to the l i 1 1 1 - already here, but they assist "i" mothers in preparing a better .v or! l for little strangers whose arrival n expected. All of the nurses are kil! - I in pre-natal work and the prosj -rti . mothers are instructed as to th methods of caring for thernselvs. The baby saving stations an i h pitals formerly conducted on ('h-.tn it and Race streets recreation piers wid be abandoned this year. Dr. Zil said that the noise of the traffic it. t the tooting of whistles on the Dela ware river made them poor pi u es 1 r sick infants to seek quiet. Asi i- tr m this reason, he explained, the m'-ir.-1' of treating the babies in their , : would obtain better results. :i ' piers it required three nurses t rr for 15 or 20 babies. In their h this number could be visited o i one nurse. Another reason why better r- '. would be obtained. Dr. Ziegb-r ' out, was because the enviionni T the babies could be studied -sr.-i ' -edied to some extent. Sudden - ' can be blamed principally on th -. The mothers, accordingly, an: t to avoid creating a humid at mo.-;' by the steam of cooking and dan : in their homes. Whil" this nngh affect auults it makes it d"il"i:v , . comfortable and unhealthy f babies and often results fatal'.v It Was a Pu.Ier. -Turpentine firm 474; shipments 1,235; 3.00; WG. "V -T 1 . A 1 S i-w iurK, auk- . ocion seed oil wa ouu ana ieaturetess with prices a shade easier, reflecting the decline in lard and j"1 uriuu ju Kenerai. r inai prices were x 10 points net lower. Sales 1,000 bar rels. '1 1. , ... . . xuf rnarKet ciosea quiet and stadv 'i''-'t Aug. i).T(q.ig; Sept. 5.77 rr-' ot-, : or. 5.7741 5.81 ..aiia ; Jan. &.H2fer..9.t Poh r. Ti.ui; 3iarcn 6.07raj.tn. Total sales l.tHW. aer : low nd Liverpool. Aug. 14. Cotton srvot e. good middling 5.70: middling 5 4u- export 400. Rec-eipts 1.000. rtSi Xr AjiRUHt Aug. -Sept. il fYY. ; " l- a-v1s. iXt.-Nov. 5.39; Nov. J-tT "aVV , 5 5JV: Mrch-April 5.G2; April: New Tork Pvening Journal. Pensively Patrick gazed into th ; sty, and fixed his eye and knit?" 1 brow on the fat little objec snugly snorted to itself. "H'm," he muttered as. shit tin : a different position, he viewed rh let from another angle. Along came Betty O'Hoyle. h' ' even her pretty face could lir 1 rick from hLs contemplations. "An" how's the pig, Pat?" sh" a slightly piqued by his indiffereru . "He's a livin' wonder." cur -emphatic answer. "Shure, and how's that. f'ltr; . . inquired Betty, drawing near-r sty. "Be jabbers," exclaimed .th- templative one, "he's just gu7.zh . ; ' pailfuls of milk, and then I p it ! in the pail and he didn't half hii The Russian infantry uses ' ' sighted up to 3,000 paces, irid ' a magazine capacity for fiv ! tridges. The infantry men an-. the whole, good marksmen. 1 1 -not so grwd as the Cossack - avt,' men. who use a similar though sh"' er rifle.