The Birmingham age-herald., 1916-07-16
Coffee Market


 Coffee Market
 New York, July 15.-The market for coffee futures was extremely quiet today. Owing to the holiday there were no off, cial quotations from Brazil to create sen timent either way and fluctuations re- flected the effect of very small orders, as sales amount to only 2500 bags. Tho opening was to points lower under a little Wall street selling. but offerings were absorbed around s.s4c for September by trade buying and the tone was steady before theclose, with last prices 1 point higher to points lower. July, s.27c; Au- gust, S'32c; September, s.s7e; October, s.41c; November, S.45c; December, S4sc; January, S.56c; February, S,eSc; March, s.70c; April, S.75c; May, 8,Ste, June, ss5c.
 Spot quiet; Rio Is, sAe; Santos As, 1Qiac. Owing to the holiday very few offers were reported in the cost and freight market and quotations were about unchanged. Fine weather was reported in all districts lof Sac Paulo with temperatures ranging ! from 4s to sS degrees.
 Live Stock
 Chicago. July l5.--Hogs: Receipts. 13,- GOO. Bulk, $s.55d9.so; light ss.s5Qss5; mixed $s. .3on1o heavy, $s.25@10; rough, $925m9.45 pigs $s.10Q950
 Cattle: Receipts, 400; market weak. Native beef cattle, $7lol1; stoekers and feeders, $5. 40GS. 40; cows and hefers, $a,501 9,6O; calves, sS.50@12,
 Sheep Receipts, 5000; market weak. Wethers, $s.75@s.So; ewes, $3.25a74O; lambs, S.25@10.7o,
 Kansas City, July 15.-Hogs: Receipts, 1000; market lower Bulk $9.e56sse1 heavy, s9 soa9. .Se1a; packers and butchers, & To@9.s21s: light, ss.56ds.7o; pigs, ssds.Ao. Cattle: Receipts. 300, including 50 south enrs; market steady. Prime fed steers, $10Q10,6 60; dressed beef steers. $7.SoQe, 90; southern steers. $61S5o; cows, 4.T517.T5; heifers, s6d95o; stockers, $s25s.2b; bulls, 5.5oG7.a5; calves, $d.5091.
 Sheep Receipts, ooOo; market steady. Lambs, $10610.S0 yearlings, $.75qS.25; wethers, $725@7.75 ewes $6. 75G7. 70. St. Louis July 15-Hogs: Receipts 1o,- ooo market lower. Pigs and lights. S,75@ 9 s5; good heavy, s9,s5G10; bulk, $96od9.e0. Cattle: Receipts, $50; market steady. Native beef steers, $750@11; yearlng steers and heifers, ss.5oG10b5; cows, Sa,a0@ s25 stockers. $55oaS.5o; steers and heif- CTS, $s.75@1o.25; cows and heifers. ssas' prime southern steers. ss@1O; native calves. $6111.75.
 Sheep: Receipts 500; market steady, Wethers, $ela clipped ewes, $4dfs; clipped lambs. ssGi0; spring lambs, s7dio,ss, Federal Reserve Bank Statement Washington, July 16.~-The total re- serve of the federal reserve system showed falling off of over $2a.ooo, 900 in the week ending July If and the total resources were nearly $S,00o,ooo less than the previous week, A state- ment by the federal reserve board to- day shows. Resources: Gold coin and certificates in vault. s269.602,00o; gold settlement. fund, $11s,6S1,o00; gold re- demption fund with United States treas- urer, s1.s70,0oo; total gold reserve, $3s0, ,2os,000; legal tender notes, sill yer. etc. s1o,27s,ooo total reserve, $400, 4S2.oo0; per cent redemption fund against federal reserve bank notes, s450,o0O Bills discounted and bought; Maturities within 10 days $l0,613,o0o; from II to 30 days. $2b,7bs,0oo; from 31 to 60 days, s35 Al 900; from 6l to 90 days, s27.730,o00. over 90 days. $4,-. 56a, ,0Q0; total, S1050ss,000.
 Investments: United States bonds, $52, ,5S9, 900; sone-year United States treas ury notes. $4,546.oOO; municipal warrants, $27, 424 GOO: total earning assets $iSs sS7. .oo0; federal reserve notes, net, $a0, 76o0 GOO; due from federal reserve banks. net ao05s, 600; all other resources, $S,244, 900; total re- sources. $63s, ,6490oo. Liabilities: Capital paid in. $55 5000; government deposits, s97, 476.000; reserve deposits, net $474s42,oo0; federal reserve notes, net 310,O9s, GOO; federal reserve bank notes in circulation, $1.720.00o; all other liabilities, $257,0oo; total liabilities. S63s,- 6a9, 900; gold reserve against net deposit and note liabilities, ss,4 per cent; cash reserve against net deposit and note lia- bilities, 7i.s per cent cash reserve against net deposit liabilities after setting aside, Q per cent gold reserve against aggrsgata net liabilities on federal reserve notes in circulation, H.2 per cont,