The Birmingham age-herald., 1924-01-12
Stock Letters
KAHN BROS. a VIRGIN

were few important movements in today's early market to distinguish, 1t from the still noticeable that low priced specialties were active favorites. Fifth Avenue Bus W, Wss heavily traded in at advancing prices; sR'1E srom Gas .s The xssas os sgS sg crude oil and gasoline. Rails stiIi have m the appearance of accumulation, holding strong. but without sensational advances. Asphalt established higher prices. Toward midday trading slacked up some what and slight recessions were brought about in parts of the list, but in the last hour new buying came into American Can and studebaker. There was urgent buy group, Including Hayes Wheel, which ad- vanced s2 for the day. Money loaned as Wn 9W as ,bs sdIrs per cent at the close and quarters whether mild imitation can be prevented. The averaging traders have been looking for reaction on which to buy stocks but so far the reactions have not been very satisfactory from that viewpoint.
 NEW YORK N. T., Jan. 11.-Rock Island closed the 1929 year with a surplus Se 2g, the s1t:s5s,Iaa of common stock. This n W was ,ss, sSmewhst better than the show about ss cents a share on the common. This showing Is somewhat below earlier expectations. due to the fact that nearly st.ooo,ooo more was spent on maintena nee of property and equipment than in 1922.
 Penn seaboard Steel corporation has wSicS 1t pans .o mannssoture ssse shortiS allGy This alloy, 1t is claimed, can be used in otSareins DtSar sss., hish,srsd. sDtom96s and required at a cost practically of ordinary
 Atiantic Gulf and. wes. Indies I, re- ported to have effected tax settlement with the government for ss,soo.60o. Half ss.,p.t w.s PaS ss. by of sam with the stssmship Carolina and the othsr oii,, sl:too'eoS was cash. The original
 t o. Soo oSs-Fsnn.r Sas ssvssenSn' geans exceeded
 SHANNON s co.
 NEW YORK, Jan. 11-Trading has been somewhat less active today. but the mar kst has generally shown firm tine. The oils are better from the continued evil passed. In the last hour one or two spe- olalties, like American Can. made sd- vanceG The market generally Is based success in advancing the consideration of n,,,a sns Mellon blll has Ssen reassuring. It vance and more of a trading proposition, Sales, 117o,4oo. "
 C0EFEE FUTURES
 NEW YORK. Jan. 11.-Reports of re- actions in Rio exchange rates were fol- eos fuures sss at hs s tas opsnns market t%as2 with the result that first prices were ii points ... lower to hixher. Nsar. months off te lO.o6o during the early trading, but the sstbacks in Rio exchange were
 sna dysa':: ssS ssr9 1 ofsns.a Dss. Ssss ssla . sp to is:sso and ssptember advanced net unchanged to points higher Sales were sstimntsd at about s5.oOO bags 5sptsas.%r % sso; Acs ostoS.e s.'; osiS saa@ sae a,sP9S. sP9Ss $ SottSs ,,,s. steady, Rio zs 1oxe11s. fsrs were irregular. They Included part SoureSns en sS ta and 5s at 1b.Tbo and Rio Is
 The last otfi9isi cable from Rio showed ing rate, with . decline of s-1s pence in ket wss4 i.1oe to 1,ia6 refs higher. and Fss fntSj srs.as GsarsS sS.. 'Ss SaEs for JupdiAhv receipts. 52.ooo.
 sosroxw, woSs ssa a{I2fEAHaoSs If,H4Es somm.rc... Bulletin viii publish the following que 'Ai,Sns pom.stio: tS%'rroTI Wisconsin m,,.ovr, ,, < sdaSsss nlSss; TSa@s.Oi S.9 blOed. 4sS 50c.
 'afs fn. F'Ias asnth. f." .1GSi1s Sqths cslitornis: Northern. q. 6@1.s .ssi middle county. 1.1o@1.16; southern. s1.o0@ 1.05. A. Territory: Montana fine staple choice $Las Q 70; # blood combing, S1z5QI.s0; y blood eombins. s1.01@1.fo, blood
 Pulled: Dslains. at.so01s5i A, 31.2s Ui:sot A guperH. e1100L.1s.
 Monalr: Best cornbing, 7sGsse, best
 HORSES AND MULES
 EAST ST. LOUIS, H.. Jan. 11.-Horses ana mulss steady. Quotations unchanged. NAVAL. STORES
 SAVANNAH. Qa.. Jan. 11.--Turpentine steady, CSC; sales. none; receipts, 2si; shipmsnts. 46o; stock. 17,21s; Resin firm