The Birmingham age-herald., 1923-12-06

' h, resumed their upward movement in today's curb market. although early gains were materially reduced, in some cases by realizing sales in the late afternoon.
 Active oil shares showed little change oE the day, although Cario Syndicate crossed five to new high record for the year. Gains of 1 to 7 E points were recorded by Humble, Prairie oil and Gas, Northern Pipe and Penn Mexico Fuel. Standard Oil of Nebraska jumped points and Swan and Finch 312 on small sales.
 A drop of , points in Centrifugal Cast Iron Pipe was the feature Of the industrial list. Wrigley new stock and Radio Corporation common im- proved slightly on heavy turnover Ford of Canada dropped 2ppoints.
 INTERIOR MOVEMENT
 Houston: Middling, S4.25c; receipts 1s,- 790; shipments, S,264; sales, 1744; stock,
 Memphis: Middling, s5c: receipts, s15s shipments, 7,o46; sales, 1,5Oo; stock, 1S6,-
 Augusta; Midaling. 34c; receipts. 5o2; shipments. LOTS; sales 3; stock, 54,5oo. corr; shipments, 6,o11; stock, 52SS.
 Atlanta: Middling, 34c.
 Little Rock: Middling, 34.5Oc; receipts,
 
 Dallas Middling. ss.45c; sales, 4,s7o.
 Montgomery: Middling, SS,75c.
 Total today: Receipts, 29,693; ship ments 2sS57; stock. 6e5,S1o.
 MARKET FLASHES
 NEW YORK. Dee. 5-The American Snuff company today declared an extra dividend of per cent on common and able January 2 to stock of record De- cember 14.
 NEW YORK, Dec 5.-A violent break in cotton prices occurred in the final hour of trading the local market to- day, January dropping to sttec and and points decline from last nights closing and SIP to SIS per bale from recent high records. The break reflected heavy gen eral selling, mostly for Liverpool. Jap anese and southern accounts.
 CHICAGO, Dec. 5.-Chicago's fruit mar lset has been literally flooded with or anges and apples in the rivalry between Independent and established fruit mer- chants. which has affected a general re- flection of from 25 to 40 per cent in re- tail fruit prices.
 Oranges which sold last week for st a dozen are being quoted at 60 cents; grapes down from 15 and 10 cents to 12ia and cents. and apples which previously sold at 60 cents are being of fered at an average of 15 cents. Basket grapes down from 75 to 55 cents.
 CHICAGO. Dec. 5-John R. Thompson owner of chain restaurants in many cities in the east and middle west, has sold his T retail grocery stores in Chi cago to the National Tea company, far day. The purchasing company will as sume control next Monday,
 NEW YORK. Dec. 5.-wall street hears reports that all, part of the 36.S91 unissued shares of the 320,000 authorized issue of Mack Trucks, Inc. will be dis nf to Npln m dor sharing plan
 NEW YORK. Dec. 5. Uncertainty ss to the stability of current steel prices is the reason given by President James Campbell of the Youngstown Sheet and Tube company for the -hesitanc of buy in placing their orders for next year.
 MINNEAPOLIS, Dec. 5.--Lesislation designed to raise the price of American wheat 221sc~a bushel by taxing domestic wheat ' F cents bushel and adding 30 cents to price of all wheat exported was proposed today by the American Wheat Growers associs tidn in 8 letter sent to Minnesota congressman by George C. Jew cit. general manager.
 WASHINGTON. Dec. 5-A s7.eo0 900 loan from the treasury to the Boston and Maine railroad was authorized by the in- terstate commerce commission.
 NEW YORK, Dec. 5.--The Navy Knit ting Mills, Inc. with principal offices in tnlS c4lH ana d ptant al BujfalO. tOday was thrown into involuntary bankruptcy on petition of creditors committee The petition alleges that the liabilities will amount to S1,200. 900. The assets in this Jurisdiction will amount to about ss00 GOO.
 NEW YORK, Dec 5-Confirmation of reports that the proposed merger of the Studebaker and Maxwell Motor compa ny had been abandoned, was furnished today by James C.. Brady, director of the Maxwell company. who declared that the oNertures for such union came from the Studebaker corporation
 NEW YORK. Dec. 5-Receipts of a moderate number of buying orders for English bills froIa abroad sent the sterling in quotation in the New York market lip shortly late today. the rise carrying II up Sia cents to s4.S9is. It easei off to attributed the withdrawals of offerings and the subsequent jump to English confidence that Premier Baldwin would be returned to power in tomorrow's elections. The de- clining prices for cotton in Liverpool also influenced the trend of sterling somewhat {, traders stated.
 French francs also moved up sharply to 5.46 cents, an advance of points ever yesterday and Holland gulders shot up A points to- Ss.1s cents.
 NEW YORK, Dec 1.-Two members of the New York Cotton Exchange charged with furnishing iuotations to unauthorized