davidaulloa/AmericanStories huggingface dataset:
Evening star., 1924-08-12
LIVE STOCK MARKET.

CHICAGO, August II Omitted States
Department of Agriculture).- ).-HogS-
Receipts, 10000 head; uneven; Is to
25 lower than Mondays average; big
receipts and light shipping demand;
top, 1000; bulk good and choice $50
to 240-pound averages, 9.60a9.90; bet
ter $50 to 325-pound butchers, 9.7oa
9S5: desirable 140 to 150-pound
weights, 9.25a9.5o; packing sows, S.25
aS.60; strong weight slaughter pigs,
S,50aS.75.
Cattle-Receipts, 5000 head; year
lings and handyweight steers more ac-
tive; strong to Is higher; heavies
slow, steady; top yearlings, 1890;
several loads at 1050a10.S5; best ma
tured steers, 1885; some 1,541-pound
averages, 1850; moderate sprinkling
Western grassers included in receipts;
some meaty Montanas to killers, 7.25a
500; others to feeder dealers 5.00a
700, according to weight and quality;
she stock and bulls very slow; latter
class weak to Is lower; vealers ac-
tive; largely SO higher; spots more:
packers paying upward to 1880 and
above; small killers to 1900; slightly
improved country demand for stocker
and feeder steers; meaty kinds on
country accounts late yesterday, 7.5oa
$50.
Sheep-Receipts, %, 1000 head; early
sales fat lambs fully steady; natives
mostly 13.00a13.25; sorting moderate;
culls around 800; good and choice
Western lambs, 13.25a13.60; best held
around 1880; sheep scarce; steady;
odd lots fat ewes, 5.00a7.o feeding
lambs strong to Is higher; early sale
choice feeders, 1310a13.25.
Evening star., 1924-08-12
b. & o. Offering Thursday.
CHICAGO GRAIN PRICES.

CHICAGO, August 12.-Wheat took
a decided upward swing in price early
today influenced by strength of
Liverpool quotations and by a bullish
construction placed on the Canadian
government crop report. Frost in
Canada and cold weather in Argen-
tina were also regarded as bullish
factors. On the bulges in price here,
however, selling enlarged, and de-
mand lacked volume. The opening
which ranged from 1 to 2ss cents
higher, with September, 1.27A to
1881, and December, 1875 to 1921,
was followed by moderate sag
from initial top figures and then by a
fresh upturn.
Cool temperatures tended to lift the
corn market. After opening Is to u
higher, December, 1.04A, prices con-
tinued to ascend.
Oats, like wheat, responded to bull
ish prospects Of the Canadian crop
report. Starting 4 to q up. Decem-
Der, 51A to So, oats held near to the
opening gains
Lower quotations on hogs weakened
- ,,-,r~ IL.
Evening star., 1924-08-12
GRAIN AND PROVISIONS.

BALTIMORE, August IL Especially.
Potatoes new barrel, 75a2.25; BUSH
el, 65a75; beans, bushel, 75a1.G0;
sweet potatoes, barrel, 3.OOaS.OO;
beets, 100, 3.00a4.00; cabbage, 100, 500
a10.00; carrots, 100, 3.00a5.00; corn,
dozen, 20a40; celery, bunch, 25a75;
cukes, basket, 60a75; eggplant, bas-
ket, 1.50a1.75: lima beans, bushel. ESQ
a3.OO; lettuce, bushel, 50a1.25; peas,
bushel, 1.50a1.75; peppers basket, 40a
so; spinach, basket, 1.00a1.25; squash
basket, 50a75; tomatoes, basket, 50a
1.25.
Apples, barrel, 1.50a3.50; bushel, 50a
150; hlackberries, quart, 12a17; pine
apple, crate, 2.0oa3.50; huckleberries,
quart, 10a15; plums, basket, 4Oa65;
peaches, basket, 50a75; MELONS, 100,
25.oOa7500; cantaloupes, basket, 75a
$50.
Settling Prices on Grain
wheat-No. red Winter, spot,
LAO; No 2 red Winter, garlicky,
1908; No. red Winter, gariicky'
1.27s.
Sales-Bag lots of nearby sold at
a range of 1.1S to 1.27; cargoes or
grade No. 2. 1.3o; No. 3. 1.27; No. 4,
1.23; No. 5, 1.19.
Corn-Cob, new, no quotations for
yellow; No. corn, spot, LIZ; No. 3,
no quotations; track corn, yellow, No.
2, 1.31a1.32.
Sales-Bag lot of yellow, delivered.
at 1.35.
Oats-No. white. "a asked; No. 8
white, new, 63 asked.
Rye-Nearby, 95a1.05; No. rye,
spot, 81.
Hay-Receipts, 43 tons; in compari-
son with the demand, present receipts
and offerings of hay, except old No.
timothy, are more than ample for
trade wants. Market is easy, low
grade, grassy and weedy hay being
especially hard to move.
Quotations-No. timothy, 240oa
25. 90; No. 3. 21.00a22.00; No. 1 light
clover, mixed, 24.50a25.0O; No. 2 light
clover, mixed, 2100a22.00; No. 1 clover
mixed, 22.00a23.00; No. 2 clover COCOA
22.00; sample grade, 1s.00a21.0O.
Straw-No. 1 wheat, new, 125oa
1900: No. l oats, new, 13.50a14.00.
Evening star., 1924-08-12
:,STOCKS SELL Off
| IN FINAL TRADING
I0iIs and SteeIs Weakest in
List-Rail Shares Drop
-. After Early Rise.
by STUART p. WEST.
Special Dispatch to The Star.

. SEtcldl 1lSpalti! 10 Inc S'aF
NEW YORK. August 12.-Attempts
to renew the campaign in the railway
shares broke down today after a half
. hour or so of slightly advancing
! prices Once it was seen that the
rails had stopped going up there was
> rush to take profits and prices fell
away fast In very short time
. stocks like Atchison. New York Cen
trail and Great Northern preferred
lost a point to point and half.
Stocks involved in the Van Sweringen
merger were most Of them weak with
heavy selling of Erie common below
30 This meant a decline of s points
from the recent high.
Oils and Steels Weakest.
The oils and steels were weakest
among the induStrialS. Pool support
was suddenly withdrawn from Cen
eral Petroleum and the stock broke
generally. In the oil shares generally
the disappointing course of the trade
situation got into the market to
greater extent and there was heavy
all-around selling. Pacific Oil, Cos
den, Maryland and Standard of New
Jersey were the weak spots while the
pressure was on. Sustaining orders
= were thrown into the market for the
Pan-Americans, with the result that
the shorts did some hurried covering.
Sugar stocks We're advanced for a
time There was some reason tor
their strength in the recent rallylns
tendency in raw sugar prices. The
canning season is now at hand, when
the demand for sugar ordinarily
reaches its maximum.
Some of the equipment shares Were
bid among them Pullman, Railway
Steel Springs and Baldwin Locomo-
tive. These stocks were being bid UP
to cover profit-taking in other direc-
tions.
Earnings Reports Features.
American Locomotive. in its semi
annual report, disclosed the usual
very strong financial position. but
there was nothing in the earnings
results that was particularly inspir-
ing Surplus after dividends, which
was over S3,000,000 in the six months
ending December 81 last, fell to
s5OS.1S5. The fact that untitled
orders were slightly larger-s1, 800,
000-at the end of the period than
they were at the beginning was the
best feature.
Southern Pacific's gross earnings de-
creased Is per cent in the first half
year, as compared with lats year, yet
maintenance of equipment was only
s447.00 less and $1,047,000 more was
spent on maintenance of way. South
ern Pacific earned last year nearly 13
per cent on the stock. 1t is earning
now at the rate of between IL and IL
per cent The dividend could easily
be raised from to Z, but it is a
question whether this will be done un-
til extension and development work
in the Southwest has been put through
Industrial leaders in the last hour
were off to 5 points from where they
were selling only a week ago. This
told the story of what had been going
on while public attention was being
focused upon the operations in the
rails.
MARKET CLOSES HEAVY.
Evening star., 1924-08-12
SHIPPING RULES CHANGED
Only Bona Eide Brokers to Be Paid
in Future.

NEW YORK, August 12.-Freight
brokerage will be paid to bona fide
brokers only and not to brokers MAIN
tanned by shippers or consignees
after August Is. the Intercoastal and
Levant conference lines notified ship
pers today. The other conference
lines expect to adopt the same prac-
tice either this month or in Septem-
Der.
New bills Of lading will be printed
bearing the statement that brokerage
is paid by the line to the broker
with the strict understanding that
no part of it shall revert to the ship
per or consignee. 1t was charged by
the lines that the former practice
violated. the shipping act of 1916 and
was an attempt by the shippers to
obtain a rebate under the usual tariff
rates.
Evening star., 1924-08-12
RESTRICTIONS REMOVED.
Cerro de Pasco Copper Company to
Broaden Operations.

NEW YORK, August 1.-THE
Cerro de Pasco Copper Company,
whose refining operations were re-
Gently restricted by the Peruvian
government, has issued an order,
with the approval of President
Legura of Peru, to start it's second
reverberatory furnace in that
country. This will enable the COM
pany to maintain copper output at
about 100000 pounds. a month,
which Is regarded as sufficient to
keep earnings up to current dividend
requirements even though a slight
recession takes place in copper and
silver prices.
Evening star., 1924-08-12
DAIRY PRODUCTS.

. BALTIMORE, August IL Especially.
Live poultry-Spring chickens.
pound. 25a34; Leghorns, 22a2s; old
hens, 1Sa25; Leghorns. old, 22a2s; old
hens, 1Sa25; Leghorns, old. 17a1S: old
ROSTERS, 49, ducks, 15afs; spring
ducks. 17a22; pigeons, pair, 20a3o.
Eggs Qoss off)-Native and nearby
frsts. dozen. 80; southern, dozen. 20.
Butter-Creamery, good to fancy.
pound, 37a39; half prints. 20; half
nearby creamery, 35a37; ladies, 500
80: store packed. a.; half process
butter. SAa26.
Evening star., 1924-08-12
PRICES RO[DFIRM
ON LOCAL BOARD
Opinion Here Divided Over
German Loan-Bankers'
Meeting Dates Set.

Trading on the Washington Ex-
change today was scattered, with
most of the activity confined to ia
vor1te stocks. Prices remained firm.
National Mortgage and Investment
preferred moved $50 shares at 81,
while 100 Washington Gas Light went
at 4S7s. Forty shares of Mergenthaler
sold at 156.
On the bond side $4,000 in George
town Gas 5s went at SO, while $4,000
Wardman Park Hotel IS sold at 100
Local Opinion on German Loan.
Although investment houses OF
Washington are expecting to offer
the prospective German Government
bonds, there seems to be some differ
ence of opinion here as to how the
issue VIII be received in the Nations
Capital.
There are those who feel that ow-
ing 10 the security which under the
agreement at London will necessarily
De provided. the bonds will find a
considerable market in Washington,
II they bear an interest rate of
around per cent as intimated in un-
cflclal indications from Europe
On the other hand. there were
frank expressions today in the finan-
clai district among houses which will
that the feeling against Germany is
stiIl so strong here as TO afford the
o1fering rather cool reception by
investors in Washington. These same
persons, however, freely predicted
That there would probably be heavy
subscriptions in New York and in
centers where there is a population
with considerable German blood, such
as Wisconsin, Cincinnati, MINNEAPOLIS,
ST. Louis and Pittsburgh.
Bankers 10 Meet Next Month.
The time has been set for September
%, % and "a, by the Investment
Bankers Association of America, for
It's annual meeting in Cleveland ac-
cording to Eugene E. Thompson Of this
city, vice president of the organization
Mr.. Thompson, who has already been
renominated to succeed himself for the
next year, said today that the registra-
tlon so far indicated the meeting will
be the largest attended Of any in the
twelve years life of the association.
The Federal Valley Railroad of Ohio
today was tentatively valued by thu
Interstate Commerce Commission AT
SSS2,24O, as of December 81. 1922.
Interest Rate to Stand.
Speculation as to what New YORK
terest on deposits in view of the low
ering Of the rediscount rate of the
Federal Reserve Bank of New York
to ) per cent was set at rest late
yesterday when the New York Clear
ing House recommended that no
change be made. Heretofore such cuts
have been followed automatically by
fractional reduction of the interest
rate on deposits. At the present time
the banks are paying IA per cent
maximum on deposits Of banks, trust
companies and private bankers.
B. & o. Offering Thursday.
The largest bond offering of the day
S22, 200, 900 Industrial Bank of Japan,
by the National City Company was
promptly oversubscribed. The issue
went at 99A ana interest to yield
6.27 per cent. Reports in the fnan-
cial district today pointed to the Bal
timore and Ohio Railroad refnancing
for Thursday morning. 1t is expected
to be s75,000,oO0 first mortgage per
cent bonds.
Evening star., 1924-08-12
Markets at a Glance

NEW YORK.-Stocks heavy: high
priced specialties react on profit-tak
ing. Bonds steady; rail bonds active;
japanese issues soversubscribed. For
eign exchanges easy; sterling and
francs react. Ctton firm; continued
drought in Texas. Sugar quiet; fea-
tureless. Coffee lower; easier Bra
bilian markets.
CHICAGO.-Wheat firm; bullish Ca
madam crop estimate. Corn strong;
unfavorable weather. Cattle irregu-
lar. Hogs weak; heavy receipts.
Evening star., 1924-08-12
STOCK PLAN ANNOUNCED.

NEW YORK, August 12.-Stock-
holders of Wells, Fargo and Company
will receive IS a share in cash, $40 in
American Railway Express Company
stock at par, and have an equity of
between IS and $40 q share left await
ing further liquidation, under the re-
cent proposition Of the directors to
distribute the assets Of tho company
and reduce the par value Of the
239, 500 shares Of common stock from
$50 to 81.
Evening star., 1924-08-12
NEW YORK DAIRY PRICES.

NEW, YORK. August 12.-Butter
easier; receipts, 1880 packages; ;
creamery, higher than extra, 39a39 n ;
creamery, extra coz score), 38h;
creamery, first (88 to 81 soore),
36a38.
EggS-Steady to firm; receipts,
28,052 cases. Nearby hennery. whites,
closely selected extras, 52a54; nearby
and nearby western hennery whites,
firsts to extra firsts, 39a51; nearby
hennery browns, extras, 40a46;
Pacific coast whites, firsts to extra
firsts, 37a44; refrigerator, extra
frsts, 32aS3: do, firsts, 30a31.
Cheese-Firm; receipts, 243,11s
pounds.
Evening star., 1924-08-12
EARNS 4.02 PER SHARE.

NEW YORK, August 12.-Net prof
its Of the American Locomotive Com
pany available for dividends for the
first six months of the year were
$2,883,185, equivalent to $4.02 per
share on the common stock of the
company. Gross earnings amounted
to $26,855,332 or about so per cent Of
the previous six months period. Total
unified orders on June 80, 1924 were
$1s,524,5o0. against $I7,7Ss,s73 on De-
cember als 1928.
Evening star., 1924-08-12
EXPORTS EXCEED IMPORTS,

BALTIMORE, August IL Especially.
Imports exceeded exports at the
port OF Baltimore last week, when
goods of a total value of $2,327,2s5
entered. as against $1.7S3.s61 sent
out. according to custom house re-
ports.
Free imports amounted to $2.1ss,-
773 of the total, with dutiable entries
reaching $186,510. Wood pulp. coffee,
bananas, rubber and paper were the
principal items on the free list, with
straw mating. burlaps, tableware
and hoorspar leading dutiable arti-
cles. Tobacco, copper, grain and lum-
Der were the principal exports.
Evening star., 1924-08-12
MARKET CLOSES HEAVY.
Many Sharp Breaks in Days Late
Trading.
By the Associated Press.

By the Associated Press
NEW YORK, August 12.-Heavy
selling for both accounts impaired
a reactionary trend to the days
market after an early period of firm
ness which was featured by re-
newed demand for the rails. Oils
were in free supply, while several
high-priced specialties broke sharply
on profit-taking. Sales approximated
1,150,000 shares.
The closing was heavy. Retire
ment of short contracts brought
about a partial recovery in the late
dealings, but most active issues
closed lower on the day.
Evening star., 1924-08-12
POTATO PRICES HIGHER.

CHICAGO. August 12.-Potatoes,
trifie higher; receipts, 101 carst total
United States shipments. 374; Kansas
and Missouri sacked cobblers, 1.30a
1.50; poor stock, 1.15a1.25; sacked
early Ohios, 1.10a1.25, according to
quality: Minnesota sacked early Ohios,
L10a1.20, few LIS; New jersey sacked
Irish oobblers. i.SSa1.7s; Virginia,
Evening star., 1924-08-12
HOG VALUES LOWER
IN CHICAGO TODAY
Special Disna tch to The Star,

Special Dispa tch to The Star.
CHICAGO, August 12.-Sellers had
too many hogs today and there was
big drop in values. Choice butchers
sold below 1000, placing the trade
lower than for two weeks. Added to the
fresh run was a sale supply of more
than $4,000 held over from the day
before.
Evening star., 1924-08-12
PARIS MARKET STEADY.

!, PARIS, August 12.-Prices were
steady on the bourse today.
: Three per cent rentes, So francs
30 centimes.
= Exchange on London, 81 francs IS
centimes.
! Five per cent loan, 67 francs 80
eentimes.
: The dollar was quoted at II francs
e1 centimes.
Evening star., 1924-08-12
OUTLOOK is BRIGHTER
FOR KANSAS BANKS
,ecia1 Dispatch to The Star.

TOPEKA, August 1--WE will
not have many more banking
troubles in Kansas" A. R Wallace,
president Of the Kansas Bankers
Association, said today. General
conditions have improved immensely;
/ can name a number OF banks which
were embarrassed that have been
able to clean up everything and now
are easy as a result of good crops
and better farm product prices"
Evening star., 1924-08-12
FINANCIAL NOTES.

Reported purchases Of q full years
supply Of wheat before the recent rs
per cent increase in price, are believed
to have caused yesterdays sensation
al rise in General Baking stock. which
reached q new high level.
Members of the New York cotton
exchange voted yesterday to keep
open on August 80, the Saturday pre-
ceding Labor day.
Evening star., 1924-08-12
New Orleans Quotations.

NEW ORLEANS, August 12.-The
cotton market opened higher owing
to continued absence of rain in Texas.
First trades showed gains of II to
10 points and the market continued
to improve during the call and after
wards until October traded as high as
1853; December at 26.9S, and March
as 27.05, or % to "a points above
yesterdays closing levels. Tempera-
lures in Texas were reported high
and plants shedding badly. Good
rains were reported in parts of North
Louisiana where they have been
badly needed, but all attention for
the moment is centered on Texas.
Cotton futures closed steady at net advance
Evening star., 1924-08-12
81 PER BALE JUMP
IN COTTON MARKET.
Lack of Rain in Texas Cause
of Rush of Buying Orders
in New York.
By the Associated Press.

NEW YORK August 12.-Alarmed ed
over conditions in eastern Texas,
where there has been no rain in many
weeks, traders on the cotton eX-
change bought heavily today, ad-
vancing prices practically 81 a bale.
October contracts touched 28.17 and
December 27.65. Increasing reports
of weevils in Alabama and Georgia
added to the strength of the market.
Cotton futures closed very steady.
Evening star., 1924-08-12
GAIN IN STOCKHOLDERS.

NEW YORK, August 12.-The num-
ber of stockholders in the Pure Oil
Company is now $3.50, an increase
from 27S18 since the end Of 1929, and
15,303 in 1922. When the company
was incorporated in 1914 there were
only 3,478.
Evening star., 1924-08-12

Opening: October. $40; December, &c 80;
January, 26.oU, bld. March. 1886; May,
26. 80, bid.
Evening star., 1924-08-12
TURN IN INDUSTRY
EXPECTED IN CHICAGO
bpeciaI Dispatch to The Star.

b36EttI D1spttcn 70 Tne St1f.
(, CHICAGO, August 12.-Although re-
porting that $4,000 more men were
out Of employment during July than
In June, with factory operations down
to the level Of the depression period
in October. 1921, the Illinois depart
ment Of labor looks for conditions to
pick up. The agricultural outlook
holds the hope for improvement. EN-
ployHAnt aeelines-in July were the
moSs severe Of any month Of the pnee,
Ant decline, In manufactu1tnG
Evening star., 1924-08-12

The brsvs and bold persist even
against fortune, the fimid and
Evening star., 1924-08-12
NEW YORK STOCK EXCHANGE
Received by Private Wire Direct The Star Office
Adams Exp (6).


Am Bosch. .......
Am Can (t6).....
Am Car & FyC12).
Am Chain A ca.
Am Express (6).
Am & r p 25%(0
Am For p ( pd(T)
Am Hide & Lea.
Am Hide & L pf.
Am Ice (7S. .....
Am Ice pr o..
Am Internati.
Am LaF r E(1).
Am Linseed.
Am Locomo 60.
Am Metal o..
Am Radiator az.
Am Ship & Com.
Am SIN & Re (5),
Am s & r pf rs.
Am Snuff pf (6).
Am Stl Fdys (SI.
Am Sugar. .......
Am Sugar pr 90.
Am Sumat Tob.
Am T & Tel (9)..
Am Tobac <12).-
Am Tob B (l2)..
Am Water Wks.
Am w w pf (6).
Am W w 1st (7).
Am Woolen 90.
Am Writ Pap pf.
Am Zinc. .......
Am Zinc pf.
Anaconda
Ann Arbor.pf. =.
Arm pf Del CO..
Asso Dry G 3d..
Asso OH (1h)...
At r & 8 Fe (6)..
A T & S F pf 60.
Atl Birm Il At.
All Coast (tSD.
Atlantic Refn..
Austin Nichols. =.
Auto Knitter.
Bald Loco co..
Bal & Ohio 3D..
Bal & Oh pf 90.
Bang & Ar pf 90.
Barnsdall A.....
Barnsdall B. ....
B'ch Nut (2.40).-
Beth Steel. ......
Beth Stl pf (S)
Booth Fisheries.
Brk Edison (Sl..
Brk-Afan Tran
Br Man T pf (e).
Brklyn UnG (H
Burns Br (1n)
Bush Te pf o..
Butee&S Superior
Cal Packing 3d..
Cal Pet (lE>--.
Cal Pet pf CO..
Callahan q Lead.
Calu & Ariz (2)..
Calumet & II soc.
Can Pacific (1o}.
Cent Leather Co.
G r r. N ] (f12).
Cerro de Pasco(4)
Certain-Td Prod.
Chand Mot (S)..
Ches & Ohio "a.
Ch & o pf (6h)..
Chicago 4 Alton.
Chic G. Alton pf.
Chic Ct West. %.
Chic Ct West pf.
Ch Mil & st Paul.
Ch NIL & St P pr.
Chi & Nwn f4>...
Chic r I & Pac.
c r I & P pf (6).
C StP Min & O.
Chi Yellow c 90.
Chile Cop (2h)..
Chino Copper.
CCC & st L (5l. 4.
Coca-Cola (7....
Colo Fuel & Iron.
Colo Southern.
Col G & E (2.60)..
Col Carbon g..
Com Ir TT (63c). .
Com In TT pf 60.
Com Solv A o..
Com Solv B. .....
Congoleun (3)...
Consol Cigar.
Consol Gas 3d..
Consol Textile.
Cont Can Co.,.
Cont Motors (zoc)
Corn Products.
Cosden Co.
Crucible Sti co..
Cub Am Sug 3D..
Cub Cane Su pf. ..
Cuyamel Fr H)..
Danl Boone NJ (3)
Davidson Chem.
Dire & Co pf ca.
Del & Hud o..
Del L & w o..
Dec Ed Co 3d..
Dome Mines a..
Dull S 8 & At pf. =.
Du Pt de N 3d..
Du P de N db tG).
Eastman (t6h).
Eaton AK (1.60)..
Ell Stor Bat o..
Eric. ...........
Erie LIST pf.
Erie I'd pf.
Exch Buffet. (2)..
Fairbanks (2.6o)..
Famous Pi (S)...
Famous Pl pf (S).
Fed l. & Trc %.
Ed M & s pf (7)..
Fid Phe F In (6).
Fifth Ave ctfs....
Fisk Rubber. go.
Fisk Rub pf A..
Fleischman (3h).
Foundation (S)..
Freeport-Texaa..
Gen Am T c (3)..
Gen Asphalt. 800.
Gen lAsph pf (5).
Gen Baking (6)..
Gen Cigar o..
| General Eec O)..
| Gen Ell spe (60c).
Gen Mot (1.20)...
| Gen Mot pf (6)...
| Gen Not db (6)..
| Gen Mot pf n(D.
| Gen Petm (2). go.
| Gen Refrac o..
| Gimbel Bros. 49,.
| Gold Dust. .......
| Goldywn Pict. 90.
| Goodrich. ........
| Goodyear pf.
| Granny Consol. -.
| Ct North pf 3d..
| ar Nor Ore (3).
Evening star., 1924-08-12

4kfais-aotso-b<sAthe. II - aet.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-03-14
PRICES FOR HOGS
DROP FIVE CENTS
Decline Is Checked by De-
mand From Shippers,
Hog Prices Day by Day

Hog prices declined again today,
but the drop was not so noticeable
as on the last few days, due to lighter
receipts and a little more urgent de-
mand from outside sources. All
weights and classes brought $780,
compared with $7.65, the predominant
ing price on Thursday. while few
fancy droves commanded a top OF
S7.65. compared with $40 on pre-
vious trading. Shippers were the first
to enter the market and succeeded in
establishing the $3.50 price and in
securing more than half the local re-
ceipts before local packing interests
entered the market. Kingan Co.
bought on the decline, but were I'M
able to get more than about 1000
head. Sows and pigs held generally
steady with sows selling down from
$3.50 and pigs down generally from
S6.75, though smooth kinds Of both
varieties commanded tops of quar-
ter more. The days receipts touched
500 or more head inclusive of 43l
carryovers. Receipts in the truck di-
vision remained light. but were larger
4
proved condition Of highways.
Trading I'm the cattle market was
rather dull, due to light receipts OF
600 head and the common quality of
the stock received but prices man
aged to hold fairly firm, due to a
good demand from practically all
sources. Large buyers entered the
market, but competition lacked the
keenness that creates higher prices.
Strength predominated in the calf
market and choice veals continued to
command a top Of S1450. with the
bulk selling from $3.50 to $14. Re
ceipts. 500.
A loss of 81 was registered in the
lamb market, choice native-fed kinds
selling down from $15, while sheep
held steady at $3.50 down. Receipts.
100