davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-31
SLIPPING PRICES
IN LOCAL MARKET
Lake Superior Made New Low
for Year on Relatively
Small Offerings

The local market showed m inclinn'
tion to slip back. This was more be.
cause Of the lesscned buying power and
the narrowness of the market rather
Than the result of any great in1ux IN
selling orders. As reasonably would be
expected, In view of the changing as
pect Of the entire security market sit
untion, there was noticeable tncreas"
ing desire to reduce all market COM
mitments.
The latter condition was reflected in
tho increasing number OF trnnsact,ons sN,.an
in some Of the recent active favorites.
the dealings in which during the last
few days have been OF the pertunctory
order. The amount Of liquidation was
comparatively small. and. considering
NIL circumstances. the market took well;
In fact. much better than could reason
ably have been expected.
Weak spots were few and far be-
tween, although most Of the local stocks
showed dropping tendency. Lake su'
periOr was among the softer spots. cs-
tablishing new low record at d: The
Offering were very light, indicating no
illustrations Of the narrowness OF the
market were given in a point decline
in Eisenlohr to 81 and 1"s in Pbiladel.
phia Company to 4O1a.
q. q. ]. gave further ground on lin.
tied sales 20 5Oai, or more than points
from the top price made last week.
Fractional shading also occurred in
Philadelphia Electric and =. II. T.
Union Traction, however was an OK
ception. with Ia point advance.
american Stores. after dipping to 152,
rallied to 153la.
PENNSYLVANIA Railroads dip under
.kn% lice INT ~ n
of the highly favorable statement of
earnings for September. which came in
for more attention because of consider.
able difference shown in the reports. Ut
other large systems. all which showing
serious inrOads on revenues mace by
the shormcn's strike. The ''Pennsy'
figures were very encouraging with a
record gross return for the month. IN
doubtedly the board and these gratify-
ing figures before them last Wednesday
when they restored the 6 per cent divi'
iend rate. Then "Pennsy" handled the
labor troubles with n more sensible and
scientific policy.
The statement for September showed
net railway operating income Of &c..
29S. .532. on increase of $:.456.G3I over
September. 1921. Total gross revenues
were $50. 712.3i5. or $1O.32l 800 more
| thar "A year ago but railway operating
expenses increased s.. .443 3.G76, TO n
| total of S5O.037 .O1S this year.
For the first nine months of the year
gross revenues were $3.50. .752, ,404, an
| increase of S5.SS1 .913 over last year.
while net railway operating income was
S:6. 712, sos, an increase of So. SILL
| 80. as compared with the correspond
| Ing period of 1921. Railway opcrat-
! ing expenses, totalirg S313.621 $50 for
the nine months. were $24 ,9O2. 10? less
! than Il year ago.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-31
Market DEFICIENT
IN BUYING POWER
Emergency Support Prompted
Opening Recovery but RaI-
lies Fail to Hold

New York. Oct. 31.--The market to.
day drifted into n trading nrca and
price movement, In consequence. was
highly. irregular. What ID technically
known as emergency support was ap.
piled at the outset to check the swift.
running reartiOnory currents. and the
downward plunge Of SECURITY values
was temporarily at least arrested. It
was obvious, however. as the session
progressed. that the market was still
greatly deficient In buying power. The
rallies lacked stability md moderate
rccoveries seemed to Bring out a fresh
lot OF long stock. ''
1t was quite generally admitted be.
fore the opening the market had vir-
tually reached II juncthre where II wds
nb.olutcly necessary for 1t to get a
little bit better. or else the liqui,latiny
movement was likely to reach more seri-
Gus proportions. The concentration Of
buying orders In number. Of the spec.
l!lative favorites Mt the opening, there.
fore; caused little. surprise. and the
; whole list under these supporting or.
dcrs started upward, which, in turn.
prompted free covering of the shorts.
Early gains ranging from 1 to 1
points were largely canceled before mid.
dny, due TO heavy selling Of Stutlebaker.
whicl, dropped more than 2 points In
| reflection Of speculative disappointment
IN the failure Of the directors to de-
clare the predicted extra dividend.
This. with the marked weakness in
domestic oils. turned prices downward
again just before noon. May DE.
partment Stores. however, Ind extended
Its gain to 10 points before acute
weakness SGT in throughput the, list.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-31

The annual meeting OF Group one. Penn
sylvanle Bankers Association, will be held
next Monday at o'clock at the Down Town
Club. -
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-31
COTTON MARKET

Now York. Oct. 31.-The opening of
tho local cotton market was a disap.
pointment. in view Of firm Liverpool
cables. December was . points lower
on first sales and later months 3 to
3 points higher. Pressure was put on
the market by Japanese interests and
Liverpool. the latter selling late
months. The South in general was also
n seller. Spot houses and New Orleans
bought. while Wall Street traded OH
10th sides of the market.
After the opening. the market acted
stcady with rising tendency
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-31
Raw Suaar Active and Firm

New York. Oct. 3l.--The raw sugar mar
ket In fairly active and frm, with Cubas for
November shipment At ah cents to 3S,
cents, cost and freight. u IL undsrstooi
shipment are avaI,abis at the hisher levels,
There were no sales yesterday other than
To- 600 bags Cubss to the American Sugar
Refining Company and 1900 Cubas to the
National Sugar Refining Company, The
local refined market 10 unchanged. both as
10 condition AMI price.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-31

:, ,rHllApEl.rhIA--Ca per cont; time.
~ to ~ per cent: cam!nercHi paper. three
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-31
Commodity Markets
GRAIN MARKET

Chicago. Oct. 3,..--Scattcred com.
mission house selling. together with
lack Of demand. proved sufficient to
held down values in the wlcnt market
today during the carly dealings. APP
parent stoppngc of export buying
counted in particular as n benrish in
fuencc. The fact that the Liverpool
quotations displayed no new upturn
was also a subject Of comment. 1ni-
tial prices here. which ranged from Nc
to 'ar lower. with December 1.14A to
1.14"s and May 1.l2A to 1.13. were
followed by a slight rally and then II
fresh decline.
Fxpectance Of enlarged receipts Of
corn acted ns n weight both on corn
and oats prices. After opening Nc to
aSc of. December 663sc to 60'hc. the
corn market continued to sag.
pcebsr eaS s,'r,fa ""Gn"ff to nd S 'o%sr %tsr
descended n little all around.
Provisions hah downward drift in
response to lower hog values.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-31
PHILADELPHIA BONDS
MARKS TAKE ANOTHER DROP
Decline to .o2Ls. Against Normal
Quotation Of 23.8

New York. Oct. 3l.-As against the
preliminary quotations this morning,
making a new low record for German
marks at OPS. tho opening here today
was at the previous extreme low record
of 90 3.16. as against .O2i4, Mondays
close. Th" feature Of the market was
extensive covering of shorts in eX-
change, with the result Of gains Of Sl3
in francs. : in Bcgians, 1912 in lire, 3
in Danish. |" in Norway and 3 IN
guildcrs. Swiss were down =, pesetas
down 3 and Swedish down |. The re.
" due TO cable advices of more
reassiring character relative TO the
political situation in Italy. Most of
the momentum OF the present month
was Of speculative origin.
Quotations at the opening were:
Sterling cables 4l45l2. demand 4.45ls
franc cables 7.03le. checks 7.O2a4
Belgian cables G.53. checks 6,52l4
lire cables 4.10l., checks 4.1O; Swiss
cables 1903, checks 1900 peseta
cables 1924, checks 1929: Danish
cables o0.14. checks cola; Norway
cables 1918. checks 1913: Swedish
cables oG.7T, checks 46.1%: guilder
cables 39.0S. checks 1903; marks
.O2 3-1G.
In the Central European exchanges.
Bulgarian and Rumanian were un-
changed. Polish also stood at the new
low record established yesterday. Ser
bian was down IA. Czccho Slovakan
down "a and Austrian off u, the last
to about the low record On the other
hand. Finnish rose II points and Greeks
gained .. Hungarian was unchanged.
Quotations: Bulgarian, 10; Rumaninn,
.Gla,; Serbian, SO: Greeks. 90;
Czecho- Slovakinn. 3.l5; Jugo- Savian,
~ ": Polish. .NO7; Finnish, 3.5o |;
Austrian. ,O0l%la Hungarian. .OOO4.
The discount on New York funds in
Montreal was unchanged us for over
Il week past ut Is to 5-32 per cent.
The premium on Canadian funds in
New York was unchanged at u to j.32
per cent.
YESTERDAYS CLOSING QUOTATIONS
Sterling Francs Lire Gu,ders
Cables ...,,. 445% 6o5's 800 :iS.Gi
ToDAY'S OPENING QUOTATIONS
sterling Francs Lire GuiIders
Demand ,',' 4'iiS,,. 7""ssi,. t.i,o,. aa,os
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-31
MoNEY.LENplN0 RATES

NE" AOHk-Money on call, both classes
of collateral. opened today at o per cent
for lending and renewing.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-31
liXerpool Cotton

Liverpool. Oct. 3l.--spot cotton was In
limited demand today with prices steady on
middlins. at i4.5Td. The sales were 10, 900
bales. The receipts were $4,000 bales, In
Guiding fs00 bales American, Futures were
American, middlinG fair, lS0ad good mid,
ding. l4.s?d; fully middiine, l4.72d: mid
ding. 14.51d: low middling, lA,a2d; good
ordinary. 1854, and ordinary. i3.Oad, ''
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-31
RECENT POLITICAL EVENTs

REGENT POLlTICAL EVENTS
Photographers have been busy in England
political activities, prior to the election.
Many exceptional views. reproduced In sepia
sunday PUBLIC Lsposs. MAKE II : Habit"
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-31
No Extra Dividend on studebaker

New York. oct, 3l.---Studcbaker has d.
clnred th" rcsn,ar, dividend OF $3.50 on the
common and 81. Is on the preferred. both
payable Dece,nber, TO stock OF record No.
yemher 10 IN July the director declared
n addition to increasing the annual rate
Of 81 TO 80 . share.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-31
DIVIDENDS DECLARED
PENNSYLVANIA SYSTEM

Hayes Wheel Company, quarterly 1ar. nay
able nHssToer 10 " SHOWN VI '''''" ''''
cienerai Asphalt COMPANY; quarterly ~
10 stock Of record November -. -.
Interna tional Petroleum cSmpany Ltd;
lsoora g SsHiNS; iN;cyssmS.s ssSSsS:ea ii o'' ~ " " VI
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-31
NEW YORK COFFEE MARKET

New York. Oct. IT. - Kccent ad.
vanccs in coffee. which carried all nc.
tive months well into new high ground
for tho movement. seemed to have nt-
tracted little realizing. and this morn.
irg first prices were 3 to : points lower.
Late in the forenoon. there was mod.
crate demand from shorts for. December
contracts, this position selling. net un.
changed. at 0.7Sc with the later months
about at initial figures. The local spot
mn OF wna aQain vnrv firm
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-31
The Unproductive Dollar

DO you realize that there 10 probably -.
wards Of FIVE BILLION UNPKOD ODUCfrv8
DOLLARS among the assets Of business
concerns In this country-e6s0 s000, 900 y0Oo, q
their capital doing nothing7 Can thsy o!:
ford this and how much more pfo1it eoulo
they make by putting that money to wofkS
This enormous sum lies idle in the form q
Credits Receivable-the Indebtedness OF your
customers who do not even pay you interest,".
If your Accounts Receivable were turned
into dollars and you discounted your pur-
chase bills, and the concerns you paid In turn
discounted their bills, and 50 on down from
one branch Of business to another-dol!afS
in their Banks instead Of Accounts on their
ledgers-it Is plain to everyone how much
more liquid each such concerns financial
statement would be, and how much more
they could do with this cash in place Of their
intangible accounts on their ledgers.
Our business is to buy those Accounts, In
stallment Sales Contracts and other forms
Of credits receivable from Manufacturers,
Wholesalers and Dealers for cash and at
cost of probably less than the discount they
offer their customers for the money-and we
will buy them when their customers won't
discount them.
Every other kind of business asset has .
general established market-but only spe.
cialized concerns, such as ours, are equipped
10 purchase and safeguard intangible or
unbankable credits receivable. Why not sell
such assets to us on the very same principle
that you sell Acceptances to Banks or mer-
rhandse to customers-and relieve you OF
that financial burden?
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-31

ToDAY'S OPENING QUOTATIONS
sterling Francs Lire ,iuildera
Demand Demand ,''' tis,. 7""ssi. 40. sa,os
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-03-31
LIBERTY LOAN BOND MARKET.
is. frrd'k T.. Noting Il Co.,
\. y. COTTON MARKET
SHOWS STRONG TONE
- l.. Main Street Richmond Va.
March ~ I.l.


NEW YORK. March sp-Th~ cotton mar.
~, snoWy't increasing activity and
'avorabi" wrh-h"r q he S.ri.n AN -
p"ris an IMPROVED spnt demand. Inly
higher. "ud Closed 80 .7st with m. r.u
IA me" losing We. -,>ody =, a nvt
"dNanca % o. 90 = :,1'-.. New -.r,
men ~ weT" r"..'ir-'v nrm Hrr,nr M
Their -tue VIII -1,s-j,,,1, '"'
Eastern tilt .tfm work !'r,I cc,,h',
c,".,.'sN"a, ~ i.,. or = 20 49, No. Ia Gh,r
tn ~: 49, up"rci .'"lly At an nj
-Nn." = 4 ." io'u'. ln rr.r ,il.. to ~.
r"laitY-Ir Ns'n show.nr ~ Liverpool ana
NC hfs nc 49, held !u check during
80 ca. ' fHuiuy hN r1ntlu. .a com, .,lr
IN me Domestic ma 'r"'- 'rr cotton
t,"iN o.! "r"?'- ": INCREASING %.w Eng.
,'e, selling wf"s'nrr however. owing 20
'oN"r.nS. trad" hurlus ANA a .c,.t.--I
rniuu!s~'on nous. d"iuan! Tor u..y crrn
Positions -"
~ ne ahranc" cou''nu"r w''hnu, rn.o..
NV. "of's ,,',, Sc M pressure. shorts
'yNiru's Hu'! Wal street lu,.-.g,s We.
t"I-''d, WIN buying fully .i''o BALE -
.,rr,.r,, nay. .fnh rJjn,l5y contacts III"
ports = "a tatorab.. 'ons In .,'gr.
.'It"F"3 srn ''"r"i buying o. tn. new c-on
.',.tHF.r'- which led me afternoon I'D"
s".!AE about p 20 g. points ne,
H"rori. from New o-iean. ma, >,
llnlh l,.n' statistical bureau had rrrl'rr''
IVY HfEt"- pointing 20 an !urr.,s. g,
hnngn on"c' on The market :" surrHs.
'hh' 'hc forecast YES aU.ui ia 'lr. ,.,,I
.,f'E, opinion. Private cable. re;o-i.,,
i"Erinnol vas reported buyer here
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-03-31
WASHINGTON MARKETS

WASIiINGTON. -. c.. March Sc
EIcS-Strictly fresh. selected, per
dozen. "a: average receipts. 20: South
crn. %.
Live BOOSTERS, per ID. IS:
winter per H., iOM45: keats. young
each. 50M60. fowls. 2GM2.. spring.
Dressed poultry-Frcsh killed
spring chickens, per ID. i0niJ: hens
per H.. 2SM2 %; ROSTERS. per H.. 20:
turkeys. per 10. $50 49, keats. young.
rork-Dressed. small. per H.. 49,;
heavy. san.
Live stock-Caives. choice. per III.
=: medium. 70s; thin. 5m7: lambs
choice. per H.. l2Mi3: live hogs. per
III. l03.
Green fruit-Applcs. per bbl.. 5000
1l.5O; per bu. basket. 2.50Gt3.25: West
ern. per box. 2.75M4.5O: California
oranges, per crate. S.00MS.50; lemons.
per box. $500 so: grapefruit. per
h"x. 3.50M 800: Florida oranges. 500
0S50.
vegetahlcs-I'ota,oes. No. /. per
bbl.. ASA 400. per sack, 325G3.5o;
sweets. 3.00M $50: lettuce. Southern.
per crate. 2.0O04.50: romainc lettuce.
2.00M 200: cymlings. per crate. 300
q 800: onions, l00-lb. sack. $500
1870; cabbage, new, per cwt.. 2.00II
800; cucumbers. 3.GOn 800; cgEplants
per crate, 3.00M 500: tomatoes. per
box. Florida. 2.50m3.75: beans. 2.aO
400 per basket. sprouts. 25M30 per
at: peppers. per crate. 350d7.00;
kalc, l.256I5O
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-03-31
cmICAGn GK,I< MARKET.

'iil'AIO. March - AgrrUsaI given hy
"" N'h"tr E!u"uCu tOuIWitfc. to - cents
20 dHly on wheat hII good deal 20
"t QUAY Win al ad.aU'. q! lrlcc. ia tn.
h'"t h"f-."t A"!c. C."-lus quotations
m"i" unsettled ut ',c To- &c net higher
d ~. Corn r"inga i.G 10 2, L. and
''i- ~ 1" .cI -. Ia provisions lh..
-" Varied from lac decline to a gain
Ina. mueh a. the proposed duty on ,yhe,,
'"''h mean ga tHgrtdrs T., e.. over tn,.
gre 'h 'h" F"Itu"y h!li. and ~ The son.
"." committee" has also approved Am In.
90" ~ ~ " admired weight on raur.
si. '''''ItHf" eject Wa - -tifuulnt. hui
'-h H.Iil"nt "a tn" wH"a, !u.rE-' M.
WH- taken - many trader, mar
-. " law wound ~ Tar 70 SHUT ont ali
" h'" iH.'ft"'luH- to this country .r,,n
fi"d" Vi AfE"uiiHt. O. An unexpected aI-
.'.. 10 l.i''f pool limitations. together
. 90 t'7NlE not SMALLER IA pIu"n'. from
'''frHi'Hi I" l.Hrur" thi, w~.l, iutght II.
- 9" i"f, 'chu'i Http 30 III values no..
N.-''hl nNf!rE on i.c bart %. Eastern
."'' ,'N.f 'Ht. WEI" the i"Idlu. seller. h., =,
80" Va feature * trading In IN. N'v
I'..,tty OF wheat aHd g;,vc ihht month
y. H'h more - an yItGfu IN pride ih.n wss
r. use HfH JHy ana September In
l.''N i'. H'' Won u Wa~ noted thai shin
h'h'h IRON mort 81 the urinary c.ui"r.
80 ~ 'tblh. ~" receipts .-arnss. .f
.' "i "u'hg ~ ."lte navigation formed An
",u'loh"l -YhlrCi q; comment
80 ".hL ""I 'nd wh.at strength ac-
"I"l'l i'i *'iI7 Ia TIA. price %. corn
I'"a,!l.ng s'i'. by smaller packer. ana
hN t"ni'uiT 'iru houses larr"iy rnuuirr
p. .hi""4 10 i.tr pf".lsl"n IUari."t the .f,ec,
'', "FN'f !.fl"ss on hogs.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-03-31
I,nnk or Frame. Statement.

PARIS. March 3o.-Thc weekly
statement o. tho Bank OF France
shows the following changes:
Gold in hand increased 100000
francs.
silver in hand Increased $4,000
francs.
Notes in circulation increased
2i6.2l5.oO0 francs.
Treasury deposits decreased 90
S7o.0 francs.
General deposits decreased 100.
10000 francs
iiillS discounted increased 9s.795.-
600 francs
Advances decreased 35,5l5.O 600
francs.
Advances to the State remained
unchanged at 2l,joo.oOo francs.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-03-31
PRODUCE MARKETS.
COI'E' L


NhW YORK. March 0.-.rhe marie, for
cni"' futures was higher today. owing to
nrim"r Brazilian cables. The opening was
To IL points higher and active months
-n'd u To - points above last nights clos
ing hgnres hight after the call ON cover
ing and trade buying. RcaliZinc Wa. at
tractrd around ,.i3 for July ana s.:i ,or
september. which caused reactions OF (
"r points from III" best; but the market
si"Atiri in the late trading on covering
hy May shorts, who bought that pos Itiuu
up !" 80. or - POINTS nc; higher. Closing
~ iC"s showed not advances -: 20 IL
points. Sales WI" estimated a; about -
na bags. MAY. 80. lgly. 80: S.ptclnh.r
30: october. December January ana
Spot coffee was quiet but firm at 10 10
lo'> Tor RIO - ana "a To -. for Santn.
t. cost and freight Offers were about
unchanged 10 . ro!nrs higher. incluIiny
Santos IS and = az 1850 To r. 10 and RID
- AT 80, American credits
IN" Official cables showed d decline OF
20 r"is IN n" dollar buying rate. with an
advance OF $50 10 10 res in tn. RIO marker
ana - Ia 30 r"l- ia santos. brazilian
por.rvc"ipts. $500. Iundiahy 2i.cpo Ra in
was reported IN all districts OF Sac Psulo.
II Is runored that French bankinE in.
t"f"sts - l'u"i" nc coming Santos crop
1T only '",g' nnss. Estimates previous
~ @. receipts nav" ranged up az high
as 10000 or 9.n.Gnsl.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-03-31

too much rain tor some ;!;nc past A.
ihc best ut TIA" dI. the list showed gains
OF :: 20 50 points. The cin-' MAS = 10 ~
points up. net. May traded 40 high AS
lS.si and closed a; !G.7r. The new crops
w"r" stronger than .h- Old ana October
ruS" 10 j.. %. closing a. .G.-l.
The main features ~ n" day and the
most poverty. trading iufucnc" unqu.s-
ilonnh's waS thr evidence. Contai=cI In
numerous tvi"srdmS from Texas. that
heavy rains. amounting Ia som" "a
a. much three Inches had caused
huCh damage here anG there IN the
earliest SECTIONS %: TEXAS. mainly by tn.
washing q: i=.G4 and there We're many
COM plants ;hat Washing had been 50
severe that rcu.ant!Es would be ncc"s-
Sary
In n" early trading reports .. q better
Si'ot demand hcE". sJ."s ~ u ~p hai.s on
he >pot IN LIVERPOOL and private cable
grams telling %: further Inns roycmcnt in
Mtnch"s'"r chpt"d gains ot about -
,laT."i was he'd duNNu ley kilograms from
mat section LHi by estimates. credited
{" "a Japan"-. nVm. thar the acreage would
d" InGr"aS"A 10y l. v"T cent IN Texas
End about - prr cen; Ia oklahoma Be-
'"r" noon. huwev"r. th- kilograms from
southern Texas commenced 20 have their
fleet and In ih- late trading tn" ring
round difficulty In supporting tn de-
maud FOR covers from IN" shor' s.h"
spots Were quoted :, points higher at s q
Ter iuidd!inE on total sales %. i.75i bales
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-03-31
CHICAGO LIVE sTocK MARKEr

CHICAGO. March 5i.-CattIc: Receipts
'.bn; beef steers and Fat SE. StoCh strong
I" - higher; top. go paid FOR baby beef
h"ltcrs averaging o5i pounds. best maturrd
steers, ".IV. Gamers, cutters ana bulls
steady. Yea! calves. Zoe 10 &c higher. bulk
Ncal"rs, s.oitS.,5 10 packers: several lots
at So 10 80 to city butchers. stockegs
and feeders dull.
Hogs: Receipts. $500: mostly l5c 20 a5c
higher than yesterdays average. closing
with lights firm. others weak to ,ic lower
man early. shippers bought about a.UpJ.
Ho!dnN"r moderate. as big IaCkcr, bought
.par'ng.y. Ou; many hogs held off ma rilst
Top. 1861. hulk. H.'J u 1919. p.E. lJC to
rrs, 80 TO-.
sheep: Receipts. HOO: IA. lambs
steady 10 strong. Sheep strong Ia 80
higher. wooded lamb top. 1875. top shurn.
$50. choice iil-IT0und wet hceCsi w.th-rs.
u e n ll.2I; snOrn wsth'rs. . - "a 10 =: top
shOTn ewes. go. shear.nE lambs 1855.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-03-31
nnnk or England Statement.

LONDON. March ?" TIVE weekly
statement OF the Bank OF England
shows the following changes:
Total reserve decreased i,o23.OOO
pounds sterling.
Circulation increased l.Oli.0CO.
Bullion decreased S.562.
Other securities increased 1854,
GOO
other deposits increased $4,000.
Public deposits increased SITS oOn
Notes reserve decreased COS 600
Government securities decreased
2.li7,oO0
The proportion Of the banks re-
serve to liability this week is 1877
per cent. last week 1t was 1885 per
cent.
Rate OF discount IL per cent.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-03-31
.
Siillfeed.


NEW YORK. March @V-Thc raw sugar
nhaih"t was dull hnd sales were :c-
ppi prices were nonInalIy unchanged.
Sp"t tubas "rr" gu-ird at . &c, cost and
f'lghi qua. 10 80 10: centrifugal. with
5.sk
The raw sugar futures market was quiet
aud prices ruled within a pnin, or two
"i IN" previous clos". TrHJinH WAS Of
inclined to hold on ana Hwan d,.vciop-
m"Its IN the SPOT market. The close was
uhch"hHeu 10 point net lower. May.
30. ''
ia rehncd the demand was moderate and
prices Unchanged 80 to T. 30 for fnc gran
uiat"d. Refined futures were without
transactions CLOSING: May. $50. July
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-03-31
FEDERAL RESERVE BANK
RESOURCES S205,745,DOO
Cold Reserves Total S73.352,,
600; Bills Discounted and
Bought. S76.12O.OOO

in
., nan" Oh itch
h''h". az the close OF business Wed
ncsdav. had total rcrcurrcs -, soo,
Ti5. 900. Tbo NAL ,,,
S'"'r"-'Vo"' ana h!iIs discounted
ri,, '"h'th 10 F''.i2V'Cp0
-'"''""'Ht t"il""f
h"s"hrr"s
~" com ana c:Ftlh-
II'"S $500. .'...S o,:o2 600 90
'"in Sc,,i"m"nt fund.
- '''iiu g'.1tE 600 90
.r -----.
R"'" hc!i by
""hH ..'..'..... 32.iil 900 On
10" WIN fc"erai Ne-
H''H" agent ''...... 3'.ft5.G0G. 90
''o'h resumption iHnd. 3.53d.0oo 90
--------,
Total folh reserves 72.352,oOoOo
i''S"' '"h"cr notes. SUI
ver' etc ........... 100000