The Birmingham age-herald., 1924-03-09
EllIIRE FOREIGN
 LIST UNSETTLED
French, Francs Crash Below
 31r Gents To Another X New Low Record

! NEW YORK, Marcha s.-The new break fn French francs to another low record below 31sc today was accom- panied by fresh selling of the govern ment's bond issues, which declined about a point each, extending their losses tor the week to almost points The exchange movement had an unset ting effect on the entire foreign list, French municipals losing ground along with Belgium, Swiss and Austrian gov ernment obligations. $ Humiliation of the French republics 7s and s8s was the only outstanding fea- l! ture fin an unusually quiet Saturday F market. Profit taking wiped out some Of the gains. Rail mortgages improved Y in tones
 Interest in bond circles was directed principally to prospective new financ- ing. The long deferred Pennsylvania railroad equipment issues is expected to reach the market next week with the offering totaling $2o 100000 of per cent bonds on a 5.1O basis. Sale of $20 900 900 Big Four" 5l@s and $12,00O, 900 Norfolk and Western 4l2s also may take place next week.
 With new financing by the treasury f due before March 15, the period of i'm
 
 certain, to be broken next week. Of the $500 100000 which the government is expected to issue, about $200 100000 probably will come from long-term ( bonds
 Total bond sales. par value, S6,12s,o 900.
 Ten first grade rails averaged S5.50; net loss. .e6.
 Ten secondary rails averaged ss.77; net gain, IA
 Ten public utilities averaged s6.s1;
 Ten industrials averaged 9S.55; net gain, 1T.
 Combined average, s7.41; net gain, .05.
 Combined average month ago, S7.72; year ago, s87.06.
 FOREIGN EXCHANGES NEW YORK, March S.-Foreign ex- changes weak; quotations in cents: Great Britain demand, 4.26A; capies' 4.261s; 60-day bills on banks, "A; France demand, S.b1h; cables, 3.52; Italy, 4.17A and 4.17%; Belgium, 3.l7h and SIS; Germany tper trillion), ;22; Holland. 36.90; Norway, 1898; Sweden 2sso; Denmafk . 1854; swit7epIand' EEi paland oooo12; czechoslova<ia, 2.ssA; Jugo- slavia, 1.25; Austria, .0014; Rumania, 52%; Argentine, S4.00; Brazil, 1195; To- kio, A4M Montreal, 969s.
 NAVAL STORES
 SAVANNAH, March s.-Turpentine sfipnients none; stock, s.762. Rosin firm; sales, 74s; receipts, so6; ship msnts none; stock, 66,o31. Quote: B, b, E, F, G, H, I, K, M. $4.60; N, S4.so; we, $5.70; WINK, $615.
 BAR SILVER NEW YORK, March sS.-Bar silver, 64c; Mexican dollars, 48Hc.
 STEEL MARKET
 NEW YORK, March s.-steel prices paehafsed'
 LONDON MONEY LONDON. March S.-Bar silver, S39s | pence per ounce. Money, 1% per cent | Disc<unt rates, short bills, 3A 03 6-l6 uer cent. Three-month bills, 3A @3 5-16 per cent.
 LIVE STOCK
 EAST ST. LOUIS, March s.-Hogs: / Receiuts, 5000; market slow, mostly DC to 1Oc higher; bulk, ITO pounds and up up, S5O7@S.60; no to 130 pounds @o'0oV $50: hacker sows, $6.3506.4O. Ts.tie. Receipts. 100, compared with ~tvsel Aro: beef steers and beef cows ssc tos 50c higher; light yearlings, nei- fers. tanners and stocker anu aooNsa ao . stock, 25c higher; bologna bulls' JUG so 16c higher; light "s veaiers; rsssTs ooe sT'ooS SIS; yeariings and heifers. $6'sSgsS.zzee; covva. S4 50S5.75; canners, $2.5OQz.fo; bologna bulls, $4.5065.0o. sheen: Receipts, 500; for week, gen eraI insriSet unchanged1i e 1EdIs DuiH No cniis' sii50@12.O0; clipped, $lS0o@1S.'e Tat ewes, $s.5O@s76.
 LOUISVILLE, Ky, March s.-Cattle: Receipts, lOo; mar9e1 oaEaS elGse, Ssef steers Ss'oosps'oo; heifers, s6.oO3s;OO; cows, 'xSS0SSS.O6; feeders, $4.5O@6:5OT stock CTS, S2.50@575. .,nh
 Hogs: Receipts, 1,5oo; market DC nigez geE pounds, .$6.sO; pigs, $45o@6.SO; tnro"- outs, $6.40 down.
 sheen: Receipts, 50; market steady; lambs, $120O; choice, $1S.OoQ14.oo'
 NASHVILLE. Tenn, March Scat tle: Receipts, 100; market steady; heavy rteers. $7.5O0850; beef steers, $7.Oo@ s2S: heifers, S625@7.50; cows, $5.25Q $50; feeders, $4.50Q6.5o; stockers' S2oo @5.00. o 5 ,oo- ai,In, hogs Sc and 10c lower; light hogs sc hiwhef: ], pigs 5c and 10c higher; 2OO pounds and up, $7.85; 165 to 200 pounds S775; 13O to 165 pounds, $6.s5; pigs, s4.55; throwouts. $5.4o down. e, sooaA zo.
 Sheep nominal; fat sheep, S5.ooU4'0Vi choice lambs, $S.00@10.OO.
 KANSAS CITY, March Seattle: Receipts, 800; calves, 100. For week Better grades beef steers and yearilngs' S5c to Soc higher; beef cows 2oc to aoe higher; iT-between grades steady; fed heifers 25c to soc higher; canners ana cutters 10c to 15c higher; bulls steady; yealers, $1 to $1.50 lower; desirable stockers and feeders strong to 15c hlgn- ! ar. others steady. Other weeks bulk nrices follow: Fed steers, $775Q966; beef cows, $4.0O@6:00; heifers, $6:oop 500; canners and cutters, S2.ooWo9o, yeaiers to packers, $sO0@9:oO; heavies and mediums, S4.OO@7.50; weeks top fleshv feeders, $900; bulk, all classes
 Hogs: Receipts, 5000; mostly 5c to 10c higher; bulk Of sales, $70Og12S: hacking sows steady, mostly, $6'zo; Tat pigs scarce, steady.
 Sheep: Receipts, 800 for week. lamDs steady to 15c lower; top, $15.16; bulk' SI4.75@15.65; sheep strong to 1oc hign- cT. ewes. $9OO@9.75; feeding lambs around 25c higher; bulk, $14.26@14.65. M CHICAGO, March S.-Hogs: Receipts, HOO0: market active; uneven, mostly 5c to 10c higher; desirable 200 to 526- mound butchers largely S5.65Q7oO; oulK good and choice 16O to 19O-pound av- s6.50@6.7O; bulk desirable weighty kill ing pigs, $6.00@6.25; estimated holdover'
 Sheen: Receipts, 5000; mostly direct; market generally steady. For week, around 1200O direct; 159 cars feed lots, compared with week ago, all classes practically steady; best fat lamos strong. Weeks bulk prices follow; lnt Fat lambs, $15.50@16.35; fat ewes, $9:5og 1000; feeding lambs. $14.5OG15.Oo; clipped lambs, $13:25G13.5O.
 Cattle; Receipts, 1000; compared with