The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1924-10-23

NEW YORK STOCK MARKET.


Stock prices displayed strong tone at
the opening of today's market with buying
orders particularly effective in the oil, to-
bacco and railroad shares. Athletic Coast
Line, Western Union and Shell Transport
opened at net gains of point or more
while Chicago, Great Western preferred and
Rutland preferred established new 1924 peak
prices at % " and 81 Ia respectively.
The upward movement gained increas-
ing momentum trading progressed, short
covering accelerating the advance in many
issues. Nearly score stocks sold l to
points above last nights closing prices in
the first 80 minutes ofs trading including
widely diversified shares. Sears Roebuck
fell back ! "a points profit taking after
its violent advance of yesterday. Foreign
exchanges opened firm.
Spectators for the advance continued in
sontrol of the price movements throughout
the morning despite the selling pressure
exerted by bear traders against American
Wooden and the sugar shares and rather
heavy profit taking in the commercial sol
vents issues and Sears Roebuck, which ex-
tended its loan 2h points. The brisk de-
nand for railroad shares was undated
additional new 1924 highs being recorded by
Frisco common and Pittsburgh and West
Virginia preferred. ST. Paul preferred NOV
ed up l 3-8 and Ann Arbor preferred. Cen
eral Electric. Fisher Body, Nash Motors and
American Express extended their early
gains to 8 points more. American Can
and Baldwin made the best showing among
the standard industrials, Cuban Can COM
mon Punta Alegra and Great Western Sugars
sagged a point or more, all breaking
through their previous years lows. Call
money renewed at two per cent.
CHICAGO-PRoDUCE
POTATOES-Early trading slow, market
steady receipts LOT cars total United States
shipments 1,178; Minnesota and North Dako-
ia sacked rel river Ohios 90@1.0b; South
Dakota sacked early, Ohios 85M95; bulk
75085: bulk round whites 70M85; Mime
sofa and Wisconsin, sacked round whites
7O095 Wisconsin bulk round whites 75@
co. few fancy higher Idaho sacked rurals
so.
POTJLTRY-Alive, unchanged.
BUTTER receipts 5,829 tubs
creamery extras 3612; standards 3312; ex-
ira firsts S4@351a; firsts 30@31; seconds
270281%.
CHEFSE-Unchanged
EGGS-Higher receipts 3,916 cases;
first 39@45; ordinary firsts S5@37.
@2t7 CHICAGO-GRAIN
Owing largely to the fact that export
business yesterday turned out to be good
deal larger than most traders had supposed,
wheat, tended upward in price today dur
ing the early dealings. Need of rain in
Argentina, together with higher quotations
at Liverpool counted also as bullish fac
tor. On the other hand, conditions for the
crop movement in Canada were favorable
and current advices indicated fair in
crease of the 1925 domestic acreage of win
ter wheat. Opening prices, which ranged
from "a to l u cent higher, with December
LAT to 1.4712 and May 1.511a to 1.52. were
followed by a moderate reaction and then
by fresh upturn.
Fine weather and excessive marketing
OF livestock kept and oats values
easy. After opening unchanged to "a cent
up, December 1,08 Ia to 1.08 3-8, corn
sagged to well below yesterdays finish.
Oats started at 1-8 to IA advance, De-
cember. So to So 1-8, later moderate declines
took place.
EcJf- 80 IL. L. ~lrnt.
pulled down provisions.
CHICAGO-LIVESTOC
HoGS-Receipts 10000; very uneven
largely steady with Tuesdays low point;
few sales weak to ten lower; narrow de-
mand top 1895; bulk good and choice
200 to $50 pound averages 9.66U10.25
majority desirable 140 to 100 pound weight
better. strong weight slaughter pigs mostly
7.50M8.00; heavy weight hogs ESQ 1885
medium 9.60@10.30; light 8.35@10.00; light
light 7.t509.15; packing hogs smooth 800
$3.50; packing hogs rough S.7oWS'OV;
slaughter pigs 7.0069.25.
CATTLE-Receipts 10000; yearlings and
desirable handyweight fat steers fairly ac-
tive; fully steadp; numerous loads year.
and grassers slow; weak to rs lower; bulk
fed steers 8 50110.00; few grassers sold
early to killers cows and bulls generaliy
steady; lower grades cows more acT I'VE
bulk Gamers and cutters 2.750S25, bulk
bologna bulls 3.75M410; veals steady; bulk
to packers 95061O00; few 1925; upward
to HOO to outsiders; stockers and feeders
generally steady
SHEEP II, 900; active; fat lambs strong
to 25 cents higher: bulk natives 1890
1400; packer top 1925; shippers 14.45;
culls 11.00611.50; choice rangers 10000
1425: come back westerns to killers 1919
M14.25 choice fed clipped lambs 1850 ;
fat sheep strong; best ewes 5.0on1 w !;
feeding lambs strong to % cents higher;
bulk sales 1375D13.S5; comeback westerns
as feeders 1350@13.75; full mouth breed
ing ewes .T.00@7.50.
MINNEAPOLIS FLOUR AND BRAN
FLOUR-Unchanged Shipments 44,819
barrels
BRAN-25. 00625.50.