The Birmingham age-herald., 1923-11-22
Grain Letters
KAHN BROTHERS < Y1RGIr

CHICAGO, Nov. 21-wheat: There was steady absorption of December by elevator l interests, most of which sold May against purchases of December. There was some additional covering by early shorts and Winnipeg snd acE asns ceipts, Is cars: cash firm, with good de- mand and limited offerings. Sales. 6,oOo bushels. seaboard complained of lack of satisfactory foreign demand and said British bids E under cost. Late in the session, there was a good npturn in wheat | report that France and Great Britain had | reached an agreement at the amba assadors' cotton was also important influence.
 CorD Weak in spots. with reports of
 material increase 1 on consisnment n, mo- no same, led to liquidation of December 1 holdings, some of which were replaced over May dropped from < to iA later. | Cash prices l to zc lower. St. Louis and Kansas City reported lower spots Corn sion by leading interests.
 | Oats: There was more active trade were liberal buyers of May and December. some of them selling May against De- cember. The northwest was credited with selling May, while St. Louis was credited With sales of December and purchases of July. Sales, 10000. Country offerings Flight.
 Provisions: Trade light and some selling by small packers. Hogs 5@1oo lower.
 H. 6 E. BEER
 1 CHICAGO, H., Nov. .21.-overcomlng much that was regarded bearish on persistent local selling, the grain market. With local sentiment generally bearish. 1t l was only to be expected that this morn | ing's lower Liverpool would bring about | reaction. So all wheat futures averaged | lower until few minutes before the close. The closing bulge was largely a was nothing of special interest in news unless 1t was reported strength and brisk demand at Minneapolis.
 | The wheat weakness encouraged selling | of corn futures. There were reports of more liberal offerings to arrive and pre- dictions of heavier movement in an
 Continue. to feel that higher prices for both wheat and corn. will be seen in the near future. Each day, 1t seems to us, there is increasing evidence that both markets have been materially strength excessive pessimism. Continue to advo- cate buying side on all minor reactions. regard to the joint note to be handed l Germany Generally speaking, the situa- = | ton presents no new factors as yet and considering the advance Tn prices, the mar
 Liverpool futures are due tomorrow: De- cember o.66d: January, 20.41d.
 CHICAGO STOCKS
 CHICAGO. Nov. 21.-Armour prsterred. io3; Swift fntsrnstional. i74; Union Car, Car, Mfg., 5, 90; Yellow Taxi, 11Sh.
 LONDON MONEY
 l LONDON. Nov. 21.-Bar silver, s3 5-16 pence per ounce. Money, 2%, per cent, | three-month bills. sss @ 7-1s per cent. METAL MARKET
 NEW YORK. Nov. 21.-Copper easy; electrolytic, spot and futures. 13@1SAc Tin firm; spot and futures. s45. Iron steady; prices unchanged. Lead steady; spot. S6.s547. Zinc quiet; East St. Louis spot and futyres. ss.259e.so. Antimony, | FLAX MARKET
 1 DULUTH. Minn.. Nov. 21.-Close, flax: November. $40 asked; December, $40 asked; May, S2.41A bid; January, $2.411a NAVAL STORES
 SAVANNAH, Ga, Nov. 21.-Turpentine l steady s7hc. Sales 100; receipts 355; shipments 8; stock 14,es6.
 | Rosin firm; sales LII; receipts, 1,15s; shipments 676; stock 126643.
 Quote: B to K, s4.95; M, 40; N $4.45; VIC, s475; wv x, $5.35.
 A LITTLE probing of Christmas problems is & means of proving the