The Birmingham age-herald., 1924-03-02
MOTOR SHARES
 < ARE. IN FAVOR
U. s. Cast Iron Pipe Jumps More Than Six Points On
 Heavy Turnover


 reports that the companys earnings < may reach an unusually high total this year.
 Motor shares also were in favor with traders, several such stocks rising more than point, while Studebaker i'm proved fractionally. Gains of a point were recorded by Chandler, Maxwell B and White Motors and Mack Truck climbed 2 points.
 Reports that railroads are maintain ing a large volume of tonnage attract ed fair buying to that group, Southern touching ,a new high at 51 and Norfolk and Western and Louisville and Nash vile each advancing a point Pressure against the northwestern roads wae lifteds fractional improvement being { rnUtstered by Northern Pacific, Great fGortharn preferred and Union Pacific.
 Meurhandising shares, the Coppers and Chemicals, were depressed some whRt, but losses were not large. Sell ing of Virginia Carolina Chemical is sues was slower than recently although the preferred fell off 12s.
 Effcrts were made during the first hour 10 upset the general list through preas,ife against the rubbers some of this group equaling their minimum prices of the year. United States, Rub Der closed 2 points lower and Kelly Springfield was off 1A.
 Foreign exchanges were quiet and siighsiy lower. Demand sterling was quoted at ,$4.29ss, as compared with s4,3DsS Friday. French francs declined { as pctpt to 4.18iac, and the other conti- z Aentai rates yielded slightly.
 Total stock sales, 432,O0O shares.
 Twenty industrials averaged sS.26; net gain, tS1.
 Higsf, 1924, 1o1 PA; low, 94.ss.
 Twsflty railroads averaged s413; net < gain, s35.
 High, 1924, S590; low, s274.
 | F0kEIGN EXCHANGE
 NEW YORK, March 1.-Foreign ex- change easier; quotations in cents Great Britain demand, 4.205s; cables, z2eB; 60,day bills on banks, 4273s i; France demand, 4.1SA; cables, 419 Nely. 4:so and 4.aOk; Belgium. 3.62h aoiland. s37.28; Norway, 1920; Sweden, 26.M; Denmark, 15.7s; Switzerland, 1742; Spain, i259; Greece, III; Poland, .0000f2s Czechcslovakia, 2.s0; Jugoslavia, 1.27; Austria, .0014; Rumania, .53; Ar gentiua, S4.25; Brazil, 12; Tokia, 449s ; Montreal, ss ts-32.
 FOREIGN MONEY
 NEW YORK, March 1.-Bar silver, s4Ac; Mexican dollars, 4sc.
 4 LONDON MONEY
 LONDON, March 1.-Bar silver, 8 9.16 pence per ounce; money, per cent; discount rates, short bills and three-lponths bills, 3ss @3 7-16 per cent.
 STEEL MARKET
 ~ NEW F4RK, March 1.--Steel prices nnchangea.- --.'.--. .-.--- ---- RAW SIBK NEW YORK, March 1.-Raw silk unchanged.
 LIVE STOCK
 LOUISVILLE, Ky, March 1.-Cat- tle-Raeeipts, 100; close, steady; heavy steers, Ss@s;75; beef steers, $5@s5o; hetfers, s5@s; cows, $s.5O@6; feeders, $4.s0@&. .50S stockers, $2.5O@5.75.
 HegEReeeipts, HOO; steady; 165 pounds up, S7.50; 120 to 165 pounds, Ss-70; pigs $45o@5.25; throwouts, $5.25
 shesp-Reeeipts, 50; steady. Lambs, s12; cAoiee.s sIa@14.
 NASHVILLE, Tenn, March 1.-Cat- tle-Recejpts, 100; steady; heavy steers, &7@e; beef steers, $5@6; heifers, $5.50@ $50; cows, $3.50@5; feeders, $4.50@6.5o; Hogs.Rsseipts. 1,5oo steady; 200 pounds, sTA5; 1So t& 165 pounds, Ss.7O; pigs. $4.50@525; throwouts, $5.25 down.
 Sheep-Nominal; fat sheep. $3.50@ 4.5o; choice lambs, $s@1o. KANSAS CITY, Mo, March 1.-Cat- tle-Receipts, 500; calves, 100. Market for week: Beef steers of value to sell at &9 and above, strong to 25c higher; bulk short fed, $7.60@9.40; better grades ot beet cows and heifers, 25c to 25c higher; other she stock, steady; bulls, 1Se to 25c higher; calves, steady to soc ioMeg; desirable stockers and feeders strong to 15c higher; other classes. steady; fleshy feeders, largely $775Q $40; bulk others, $6Q7.50.
 Hass-Reeeipts, 1000; steady to Sc higher; bulk of desirable 21O to 270- pound averages at $7Q7.05; packing sows, mostly $6.25.s
 shesp.No receipts for week. Lambs. around Si higher; bulk, $14.6O@15.6o; Receipts, 2,4oO; packers and butchers, $7.70@7,T5i medium, 7.70@7.75. V gattle-Receipts, 2T5;$ steady; calves, shsspeReceipts, 25; steady. Lambs, steady.
 EAST ST. LOUIS, nl., March l. Hags-rR Receipts $500; active, 10c to POO higher; bulk 19o to 24O-pound butchers, $7S5; 110 to 13O-pound pigs, $6@6.se; packer sows, mostly $6.25.
 Cattle-Reeeipts, 250. Compared with a week ago: Light yearling steers and heifera, 25e to soc lower; best kinds, down least; bulls, 25c lower; beef cows, weak; light vealers, $2.254 2.50 lower; other classes, steady. Bbulks for week: Beef steers, $6.50@S.75; yearlings and heifers, $6.50@8; beef cows, $45Oq5.50; canners, $2.25Q2.50; bologna bulls, $4.5O @5.25.
 Sheep-Receipts, 500. For week: Fat lambs land yearlings, 75c higher; sheep, strong, to Soc higher; bulk for week, Sl50l575 on lambs; culls, $l1.50l12; best yearling wethers, $135O; top ewes, $s.75;
 CHICAGO, March 1.-Hogs-Receipts, 5000; fairly active; mostly 10c higher; choice weighty butchers show less ad- vance, bulk desirable 200 to 300-pound butchers, $720@7.3O; better grades 160 to 1S0-pound averages, H07.20; bulk packing sows, S625W $50; bulk strong weight killing pigs, $5.75Q6.25; esu- mated iholdoVer, $4 800.
 Cattle-Receipts, 1000. Compared week age: Beef steers, stockers and feeders. unevenly 25c to 40c higher. lover grades showing most advance in ! slaughter class; extreme top mat red offerings, SIP; cutters, canners and bulls. steady; latter class, slow; veal calves, soc to 75c lower. Weeks bulk prices follow: Beef steers SSQ1O; stoekers and feeders, $550W7.25; fat she stock, $5@7; canners and cutters, $2659$65; vealers, $10.50q12.
 Sheep-Receipts, 5000; receipts prac- ticallylall direct; for week, direct, about 17, 7,0O0; TO cars feed lots. Compared week ago: Fat lambs and yearlings, mostly 75c higher; aged stock, Poe to soc high CT; feeding lambs, around $1 higher. Bulk prices follow: Fat wooded lambs, $16.5Od16.35; clipped lambs. $13.25d 1875; yearling wethers, $13d1375; aged wethers, S9m1075; fat ewes, $9q1o; feeding lambs, S14Q15
 HORSES, AND MULES EAST ST I,0TTJS Ill March -