Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-11-16
TRADING FALLS OFF
! IN STOCK MARKET
Thirty Issues Lifted to New
Peak Prices in Brief
Session Saturday.
PGGLS FORCE SEVERAL
SPECIALTIES HIGHER
Fisher Body Widest Issue on
Board, Adding Is Points to
Fridays 10.

Ry the Associated Press
NEW YORK, November l5.-Busi-
ness in today's stock market fell OF
considerably with the general list cas-
ing slightly on large volume OF week
end profit taking. Operations for the
rise were in evidence. however, in sew
cralssections of the list with 80 issues
being lifted TO ne~ peak prices for the
year. Fisher Boo. was again the in
dividual feature, adding more than IL
points to its ten-point gain OF yester-
day by touching 203l.. Other individual
strong spots were American Wafer
Works, American Express. Federal
Light and Traction, Macks, Savage
Arms, and Worthington Pump. all up
: to 81. points. and most OF them at
the years highs.
Cast Iron Pipe Breaks
United States Cast Iron Pipe broke
5 points to 1877, as compared with
a high of 147 established a few days
ago, and then rallied poipt from
the low. Free offerings of American
Can forced that stock down points
10 149 Substantial recessions also
took place in the American Tobacco
issues, Brooklyn. Union Gas, Man
haitian Electrical Supply and United
Drug.
Motors were in good demand despite
announcement of another price cut
by one of the small companies. New
highs in that group We're recorded
Ivy the Maxwell issues. Jordan, White
and Mack Trucks Some good buying
also took place in the public utility
group, with American Express. La
cede Gas. Columbia Gas and Electric,
Radio Corporation and American
Water Works 6 per cent preferred,
breaking through their previous 1924
maximum prices.
Good Gains in SpeciaIties.
Railroad shares attracted little
speculative interest although New
York, Ontario & Western and Kansas
City Southern preferred establishe cd
new highs, and Atchison rallied over
Il point. Several good gains were
recorded by the specialtics in some
of which pools are believed to be
operating. Among the issues TO sell
at their high prices of the year were
Savage Arms. Worthington Pump.
International Business Machines, Sim
mons Co. and International Shoe.
Foreign exchange rates were
slightly reactionary.
Wall street Briefs.
Great Northern's net operating in
come for October is expected to reach
s5,J00,00O, the largest for any month
IN the roads history, derived from
its largest gross revenue with the
lowest operating ratio. Ore load
ings, it is estimated, will exceed H.
100000 tons this year. about 1000, 900
tons over tho average of the last 10
years. Last seasons record loadings
were 15,10S,250 tons. The road has
asked for bids on 100 steel under
frames.
Best growers in Colorado Nebras ska
and Wyoming have received S7100, 900
from the Great Western Sugar Co,
the first payment in beets delivered
IN october. Company officials eSti-
mate it's output this year will be
about 100000 bags of sugar
Famous Players Loans.
Stockholders of the Sweets Com
pany of America will vote at a meet
ing in Richmond, Va, December >
on proposed change in capitaliza-
ton TO 100000 shares of $50 par
value, instead of the present 500
900 shares Of $40 par value
Bank leans of Famous PLAYERS
1asky Corporation now total 1850
600, compared with $5.S75,0OO a year
ago, a reduction of more than 81, 00O.-
900 having been made in the last
three months.
SO impressed have American grain
interests become in the Argentine
wheat situation that they have sent
to South America their own experts
TO size up the outlook