The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1924-08-07

NEW YORK STOCK MARKET.

NEW YORK CITY-Realizing sales con-
tinued to place strain the stock mar
ket at today's opening, giving it an irregu-
lar appearance. United States Steel conf
mon and several of the independent steeis
moved fractionally lower while various
railroad shares yielded further to profit
taking. Congoleum displayed Independent
strength, rising 2s4 points. Pressed Steel
Car receded 21a points in reflection OF the
omission of the dividend.
Prices strengthened trading progress
ed with a good demand developing for the
rail, oil, leather and public utility issues,
several of which established new high prices
for the year. Although Atlantic Refining
extended its loss to more than four points
on unfavorable dividend rumors, the Pan
American issues, Standard Oil of California
and Producers and Refiners moved up a
point under steady accumulation. United
States Industrial Alcohol advanced more
than point on announcement of higher al
cohol prices. Chain Stores issues rose in
reflection of the favorable July earnings
report now being published.
Delaware and Hudson, Western Consol-
idated Gas and Detroit Edison and Central
Leather preferred were added to the lost
of the new 1924 highs.
Fisher Body broke seventeen points and
Pressed Steel Car preferred yielded two
points to sixty eight new low. Call
money opened at per cent.
CHICAGO - PRODUCE
POTATOES Stronger; receipts cars
total United States shipments 526; Kansas
and Missouri sacked cobblers 1.25Q LAO.
few fancy 1.50@1.55; Minnesota sacked ear
ly Ohios Ito.
BUTTER Steady; receipts 1852 tubs
creamery, extras 3515 standards 3512
extra firsts 84@35: firsts 33Q3312; seconds
311a @32.
CHEESE Unchanged.
EGGS-Higher; receipts 1O,ssO cases
firsts 271aM2s1a; ordinary firsts 260262.
POULTRY-Alive higher; fowls 171a
broilers 20; springs %; ROSTERS 10.
CHICAGO - GRAIN
Although in sympathy with lower quota
lions at Liverpool, the wheat market here
showed weakness at the opening today, an
advance soon taking place. Absence OF sell
ing pressure was factor, upturns becom-
ing rapid when some good buying develop
ed Besides bullish estimates of=world sup
ply were current. The total was figured
at 8 1850, 000, 900 bushels as against 3,43O.-
600, 900 year ago. Opening prices which
varied from the same as yesterdays finish
to l 7-S cents lower, September 1.2712 to
1928 and December 1907 to 1.31s4 were fol-
lowed by a rally that in some cases amount
ed to cents bushel
Corn rallied with wheat, despite favor
able crop reports. After opening Ia to
| 1-S cent down, December 1902 3-8 to 1903
the corn market scored material gains.
Oats were responsive to advances in other
cereals Starting at 3-8 cent off to Ia cent
un, September 48 Ia to az, oats soon show
ed rise all around.
Provisions were without any significant
change.
WHEAT turned weak during the late
dealings today after sharp gains. The weak.
ness at the last was ascribed to enlargement
of hedging sales and of sales to realize pro.
fits. The close was heavy, q to 1ss cent
net lower, Sept. 1.271s to 1.27A and Dec
WHEAT-No. red 13o; No. hard 12e
CoRN--No. 2 mixed 1.15-1.16; No. vel.
low 116H-1.161a.
oATs-No. white $3.50; No. white
54-5412.
RYE-No. 2, 95A.
BARLEY-S1-84.
TIMOTHY SEED-5.25-S.25.
CLOVER SEED--12. 75-21.5o.
LARD-13.62.
RIBS-12.37.
BELLIES-1350.