The Birmingham age-herald., 1922-12-03
INCREASE SHOWN IN THE STOCKLIST
 IN SHORT SESSION
By Associated Press

New York. December 2.--Resumption of short oovrins and pool operations. com eined with fresh buying of q few in- divtdual stocks. brought about . further Increase in prices in the stock market today.
 - Some profit taking was in evidence on the part of recent buyers. particularly in the eoppers and rails, but most of the offerings were absorbed without difficulty New York Central cerro de Pasco. Kenne- colt and Cructbfe being unable to hold their previous gains The declines. how ever, were moderate.
 Some of the high priced industrial enares were bid up in rather spirited fash Ion on reports of possible surplus dstribu- 9n- American snuff jumped nearly g ever. later cancelling about half. its gain. All American cables closed 6% higher and sorasd sslas of ,s. to nearly $ points wers re. Wiles Biscuit. National Cloak and Suit. Owen Bottle preferred studebaker and
 Under Pressure
 international Harvester continued pn- at s6K. and then dropped to 1S2k. for a net loss of ga on profit taking.
 such representative shares as Baldwin. United States Steel common, Bethlehem B, @das. Shis Copper and cosden American ferred, International Paper, Keystone Tire. North. American, Mexican Petroleum, Pan, American, Producers and Refiners and Standard Oils of California and New Jer- sey moved up l to 21a points; ,. such ordinsrtlS inactive stoeks as Louiss, vile and Nashville, Nickel Plate and Rock Island per cent preferred, the changes
 Sterling Goes Up
 Dmand sterling touched s4S2%. its highest price in thre years. in response 70 a brisk demand here. French, and Bel; gian currencies showed little change and other European rates were irregular.
 The clearing house statement showed deficit in reserve for the third consecu- tive week. the total being S7,4T2,1go. or si.so4.Iso below the week before. 2 Loans; s,, Ss.ss5000. and the reserve of member banks in the federal reserve bank in posits we're s35, ,42s 900 more than the week before but time deposits dropped :5,sos DOC Aggregate reserve totaled
 Days total sales. 42s.ooo shares
 Twenty industrials averaged e6.se, net
 Twenty railroads averaged se.se. net gain s5. High. 1922 ss;ss; low, 7s.4a.
 LIVE STOCK
 Chicago. December 2.-Hogs; Receipts, 1l.oeo; 15 to 20c lower: bulk. 17o to 2bo s7.5o@L76; desirable pigs sS:25; heavy sht Mssa fight %eda% sh5 :sis packing sows. smooth. s7.5o 97.9o; rough. S.26 Q7.60; killing pigs. sS.2bQs35-
 Cattle: Receipts. 2.000: compared with week ago: Native beef steers, 75c higher; western grassers. soc higher; extreme top yearlings fed with show cattle, S13.S5; best yeariings on heavies excepting show offerings S13.35 and s13.25 respectively; beef cows and heifers steady to 25c high CT: csnners and cutters weak to 1oo low CT; bulls strong to 15c higher: veal calves 76o to S1.25 higher. Week bulk prices fol- low: Native beef steers, sS.2b e 10.25; west ern grassers, $6Q7: stocksrs and feeders S5.75@7 beef COWS and heifers. S3.75 Q s6.75; canners and cutters. s2.9o 93S.60; veal calves, S.30 4s.
 sheep: Receipts 2.5o6; steady. Com pared week ago; Fat lambs 500 to 76c higher; best yearling wethers scarce. nominally s1 higher, sheep around steady; feeders strong to 25c higher closing top fat lambs. Si5.50 to city butchers s1b.40 to packers and shipping accounts; bulk, Sf475416.10s culls unchanged to S110 1i.60; heavy fat ewes. ss.75 @5 5.76; lighter weights upward to s7.50; week top feeding lambs, S14.25, bulk desirable kinds, s1S.so "