The Birmingham age-herald., 1924-02-02
STOCK LETTERS

with many of the higher priced issues in heavy demand. Dupont, American kCan, Realty scored further advances, while the Steel stocks all took part in the rise. It is generally believad that American Can is as good as on $9 basis, as the extra $1 is expected to be declared at~each quarterly meeting un- less there is 8 splft-up in the stock before the year ends. Dupont is ad- vancing on expectation of a g rate for General Motors, of which it is the largest holder. Bethlehem Steel and Crucible Steel advanced under good character of buying, while United States Steel made new high for this move at 107A. Sterling exchange was higher and may have had some influence on prices. Computing and Tabulating crossed par on expectation of rumors of an in- crease in dividend rate to $s. Allied Chemical gained about two points. Buying in Allied Chemical is of the conservative kind, and from present in- dfcations the stock being purchased now will not come on the market for long time. Pan-Americans are still inactive on advances, although the short Inter est is said to be enormous. There was some profit taking in the last hour, in addition to which sudden spell of weakness came in Standard Oil of Cal ifornia and Pacific oil after other
 
 market an irregular appearance. To- tai sales, 1,270,000 shares. s.- Fenner 6 Beane to Kahn Bros. G. Virgin. NEW YORK, Feb. 1.-The market to- day has not been so active, and fluc- tuations have at no time been sensa- tional in any way. On the other hand, there has been very impressive dem- onstration of strength given by the market, which seems to augur we'll for &xx4,. strong, so as we look back at the day it would seem to have been a satisfac- tory one. Sales, 1,257 ,200.-Post & Flagg to shannon 6 Go.
 LIVE STOCK
 CHICAGO, Feb. 1.-Cattle: Receipts, 10000; beef steers steady to 15c lower; spot more late; lower grades showing most decline; killing quality plain; bulk fed steers, $7.50@9.50; moderate supply meaty plain qualities kind to killers, $7.00 and below; no choice heavies load; few loads long yearlings and handy weight steers, $10.O0@1O50; fat she-stock, 15c to 25c off; heifers show ing most decliAe; canners, cutters and bulls weak to 15c lower; vealers, 25c to 6oc off; bulk calves to packers, $10.00@11.O0; rather closely sorted; few to outsiders upward, $12y00.
 Hogs: Receipts, 47,000; fairly active, mostly steady with yesterdays best time or strong to 5c higher than the average; bulk good and choice. $2.25@ goo; pound butchers, $7.10@7.15; top, $715; desirable 160 to 200 pound aver age mostly $6.s0Q7.o5; bulk packing sows, $6.30@6.50; killing, high grade, slow; bulk good and choice strong weights, $5.5o@5.75; estimated holdover, 14,O00.
 Sheep: Receipts, 5000; fat lambs strong to slightly higher; best grades showing. advance; sheep and feeding lambs steady; bulk fat woofed lambs. s13.50Q14.25; top, $14.4O; medium to good natives, $13.25; heavy lambs around 100 pounds mostly $12.50@1276; weights, $500; feeding lambs slow; bulk. $13.25Q13.50.
 NEW YORK, Feb. 1.-Cattle: Re- ceipts, 610; market steady; steers, $5.5O @10:50; state bulls, $3.5O@5.75; cows, $l.16@4.5o. Calves: Receipts, 1890; mar ana little calves, $7.50@8.50; grassers, $4.50@5.50.
 Sheep and lambs: Receipts, s276; market steady; sheep, S4.5OG65O; culls. $2.25gS.25; lambs, $1S.Oo@1475; culls,
 Hogs: Receipts, 7so; market steady: light to medium weights. $7.7007.90; pigs, $7.70Q7.75; heavy hogs, $7.3o07.40; roughs. $6S5@6.75.
 EAST ST. LOUIS, III, Feb. 1-Hogs: Receipts. 13.Oo0; market active, mostly Dc higher; bulk good and choice, $7.15 W1.z pigs steady to 25c higher; good llO to 1S0-pound pigs, $5.50@6.25; pack CT sows, $6.25@6.35.
 Cattle: Receipts, 300; only two loads beef steers-here and these not sold; neiIers slow; other classes steady; bulk ? peer cows, $4.00Q5.25; canners, $2O0@ 22o; bologna bulls, $40O@5OO; light yealers, $11.50; stocker steers dull.
 Sneep: Receipts, 150; receipts mostly direct; market steady; choice fresh $10.50.
 KANSAS CITY, Mo, Feb. 1.-Cattle: Receipts, TOO. Calves: Receipts, 100. Killing steers mostly steady; bulk short feds, $7.50@9.O0; she-stock steady: peer sows, $4.00@6.25; canners and cut ters. $2-25@s.50; bulls and calves steady; enoice Veais' $Ii.5O; stockers and feed CTS scarce, neminally steady.
 Hogs: Receipts, 6,000; market steady 10 strong; bulk of sales, $6.5OQ6.s5; packing sows mostly $6.1O06.25: stock PIES steady; bulk, $4.5O@5.OO; few at
 sheep: Receipts. 1000; market slow, sio round steady; few medium lambs, $l2.50012.75; shorn lambs, S1I -25. shorn wethers, $7.75.
 CINCINNATI, O., Feb. 1-Hogs-Re- ceipts: 4,S00. Steady to 10c higher: neayy, S.75; packers and butchers. S1.75; medium, $7.3O@7.75.
 Cattie-Receipts: GOO. Heifers slow and unevenly lower; other classes steady: heifers, $3.50@S.50; calves, soc to $1.O0 lower, $4@4.50.
 Sheep-Receipts: 200 Steady. Lambs steady. "S
 LOUISVILLE, ky. Feb. 1.-Cattle- ao accepts: 100. Steady; heavy steers $5QS.50; cows, $3.5O66; feeders S45oS $50; stockers, $2.50@5.75.
 Hogs-Receipts: 1000. Steady to 1oc higher; 165 pounds up, $7.4O; 1So to 165 pounds, $6.50; pigs, $525; throwouts, $5.60 down. $11.
 NASHVILLE, Tenn, Feb. 1.-Cattle- Receipts: 100. Steady; heavy steers $7QS; beef steers, $5@5.50; heifers, S5. 50 Q6.50; cows, $3.50@5; feeders, S4.500 6.50; stockers, $2.50G5.
 Hogs-Receipts: 1,5O0. Medium and heavy hogs, 10c higher; 200 pounds and up, $745; 165 to 200 pounds and up. S.45; 165 to 200 pounds, $7.35; 130 to 165 pounds, $6.60; pigs, $475@5.35; throwouts, $5.60 down.
 Sheep-Nominal. Steady; fat sheen, l $S50Q4.5o; choice lambs, ssQ1O.
 The department of agriculture esti- mates that the economic value of