The Birmingham age-herald., 1923-11-18
Stocks ReceiUe Moderate Setback In Brief Session O Specau
DECLINES SHOWN
 BY MOST LEADERS

UELLlNES OHOWN BY MOST LEADERS
 NEW YORK. Nov. 17.-stocls prices received a moderate setback in to- days brief session on speculative selling. inspired by reports that Great Britain and Italy had broken rations. Offerings were fairly well absorbed. Baldwin breaking 21s points but the other recognized in '1ustrial leaders showing only frac- ional recessions on the day. The recent turns of events in Europe has resulted in the withdrawal or lower ing of bids for stocks with the re- suit that some sharp recessions LOOK place in the early dealings when large blocks were pressed for sale by professional speculators of the de- cline. Good buying support was not long in forthcoming heavier ana earlier losses of l to points were reduced.
 The usual weekend short covering was particularly effective in some of the low priced oil shares, California Petroleum, Maryland, Cosden, General Asphalt, Pacific and Pan-American s, au closing slightly higher on the day, Other issues to move up against the current downward trend were Schvits Stores up 3h and Unlteo Cigar Stores up 3.
 Some of the heavy spots wore Gen eral Electric, Stewart Warner, Amer ican Hide and Leather preferred, Compu&anE, Tabulating and Record ing and National Enamel. off to
 Thsrs was 8 disposition on the part of some operators on the long side to permit the reaction to pro ceed within reasonable limits on the theory that an increase in the short interest at this time would strength en the markets technical position when the upward movement was re- stunned.
 Railroad shares lost ground with industrials, losses of point or more being recorded by Northern Pacific, New Orleans, Texas and Mexico, At chison, Missouri Pacific preferred and Texas and Pacific.
 Foreign exchanges were again weak, demand sterling. French francs with Dutch guilders all touching new lows for the year. Ster- ling broke more than 21s cents to -s4.27% ana French francs eased to 5.2o cents Builders touched So.s4 cents, apparently confirming reports German from Holland to the United Stetes.
 Total stock sales, k14.0o0 shares.
 twenty industriaIs averaged e9.oS, net loss .Ts. High 1923. 1o6.SS; low
 Twen+y railroads averaged sass; net loss .4e. High 1928. eo.51; low 7s.ss.
 LIVE STOCK -
 Nov. 1J.-C0ISios Ao- sR bulis sss47s; eows. si.1s@4 z eslyss: lsc: Gsiis reiS'Ds ana little calves ts6OS7; sTassers, 'g:.sD' sR.sD and ass ,, R'0:Igt: :1t: .sgs sss iss,S: ssssay; ss.se sessfRs eSfs.5c: eSils, :7Ss.
 Hogs: Receipts, 5so; steady; light te fe fe s'as. S1; heavy hogs ''~''-'' i'' "'' .ooo: conipared week aso. fed handy, weight steers and yeariings and western grass 5sSss s5sSsS sSSut steady she stock steady bulls and vealers seS lower. stocSers and feeders steady; bulk prices follow: Fed steers and yeariings. ss;ssg Butcher bUsG WeS cows and hoifera s85O s,25; can and OuttsTs .Gd sa+qSS0 yaaSTs
 sheen; Receipts. 5000; today's receipts nostiy direct; few cars natives about
  yearIinss and oull natives about steady; tat sheep around 25c higher; feeding
 Ss o' ,iSs l9T:F Tss sgs PTS3s gdai i25 55o TS!9?T' tss is% :5osSS feeding aaos Hoss saS Rsoeipts. 5000; active strong to roe hisher pig' sSe hEhsT ogna 0qE bgoseTs seoa pound averages, ss26 O. s.e5; better grades weighty slaughter pigs. sS.25@6.7S; esti- mated holdover. 1000.
 CINCINNATI. Nov. 1T.-HoEsi Re- ceipts, s,7oo: active ana ioo higher; s5 %sGgrn hssyy o ,sjo P1SssFs Pss and apq sSt.
 Cattle. Receipts: loo steady Calves wfsn sh..p? snd lS%sE Receipts SOB 7s steady Lamb. steady.
 n1soVs: 5s ..aSy Ey hssHy Say .t.s1. 7; Y' COWS .s@ ESQ; feeders s5.5OSS; stock
 Hogs: Receipts. s.1oo; steady to 1oe higher; goo pounds up " le6 to 3oo ''iSS sheep: Ho~Hi Receipts. 300; steady. Lambs, s1i.
 KANSAS CITY. Mo. Nov. 1E.-cattis Rece,pts. 300; calves, 800. For week: mostly sSc lower; heavyweight beef steers, Rrassers and short feds uneven, around steady; bulk short feds, $725Qs.50; beef cows steady; bulls l6 @ 25c lower; veals steady to strong; ntockers and feeders mostly z5c higher; top fleshy feeders for week. ss; stocker yearlings. s7.so. bulk ITO to s2b pcond averages. $6.20@ e.45; packing sows mostly s5.so@S.l0;
 sheepi Receipts, 2ooo. For week: lambs 10 Q Sbc lower; sheep steady to 25c lower: bulk, s5.b096.S5; feeding lambs about steady: most sales $11@11.so.
 HAST ST. LOUIS, Nov. 11.-Hoss; Re- csipts. $500; mostly steady; bulk .1so pounds and up. ss.so @ s.so good weight pigs. ss@s.2s; packer sows weak to loc
 Cattle: Receipts, 900; compared with week ego, beef steers and beef COWS 259 goo higher; light yearlings, grass heifers and bologna bulls 3so higher; canners soc steers I6 6 asc higher. suiks for week: a e.5o; beef cows. ss,75@5: canners, S30 2.5o; bologna bulls, $3.26G4.
 Sheep: Receipts. 150. For week; Fat lambs end yearlings around 500 higher; bulk wooded offered $12@1s.T5; clipped lambs s11@13: oulls. ss; light mutton ewes, $6; lambs. $11@13; oulls, $s; light mutton ewes. ao; heavies, *4.
 RAW SILK
 NEW YORK. Nov. 17.-Raw silk dull: prices psy pound unchanged. \ Low Rates