The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1924-05-01
1'oddy's Markets
NEW YORK STOCK MARKET.

Y. NEW YORK CITY-Considerable irreg-
ularity developed at the opening of today's
stock market. The first sale of United
States Steel common was a block of 1000
shares at 98098 Ia as against yesterday $
closing price of 90. 1t then advanced to
9812 and soon fell back to SO Is. Strom-
berg Carburetor, Bethlehem Steel and Yell
low Cab dropped to liz points on initial
sales
The statement of Chairman Gary of the
United States Steel corporation that business
probablp will not show substantial improve
ment until around election time was used
as an excuse for a renewal of bear at
tacks. Stewart-Warner and Yellow Cab ex-
tending their early losses to about three
points each. United States Cast Iron Pipe,
Dupont, Central Leather preferred, Cruel
BILE Bethlehem Steel. Philips Petroleum and
General Electric dropped l to 2 points
while Baldwin sagged 3-8. Hapes Wheel
of the directors to increase the regular
dividend, rallied IL points. Foreign ex-
changes opened steady.
Prices steadied somewhat at the end of
the first hour and then slipped off again
indicating that professional traders for the
decline were still in control Although
the net earnings of the United States Steel
corporation were the largest of any quarter
in peace time in the first three months of
this year. apparently they failed to come
UP to speculative expectations as the steel
shares were singled out for attack. Motor
shares crumbed publication of rela-
livery poor report Dy oluQEDakeT DOLn The
old and new stocks establishing new 1924
lows at S01a and 3212 respectively. Fisher
Body broke five points and Stewart Warn
err extended its loss to ~, other active mo-
motors losing a point or Independent
strength was shown by Dawson Chemical.
Corn Products and International Harvester
up to points. Rails held relatively
firm. Norfolk and Western and Atlantic
lively. Call money opened at IA per
cent.
CHICAGO - LIVESTOCK
HOGS-Receipts 5000; slow; uneven !;
better weight grades strong to five higher !;
light light mostly steady to 10 lower; kill
ing pigs steady to % cents higher; other
kinds unchanged; big packers inactive bulk
good and choice $50 to $50 pound butchers
725@7.4O; top TAO; bulk better grades 16O
to 225 pound weight 7.1007.30; desirable
140 to $50 pound averages largely $500
GO; bulk packing sows 6.60@6.75. bulk
good and choice weighty killing pigs 5000
$50; heavyweight hogs 7.15@740; medium
7.10@7.35; light .S0@7.30; light light $50
OHIO packing sows smooth 6.65@6.80:
packing sows rough 6.50@6.65; slaughter
pigs 4.50@6.50.
SHEEP 600; fairlp active, generally
steady few good fat wooded lambs 1000 ;
good clipped lambs 400. heavy kind down
ward to 1925; fat wooded ewes $50; clip
pers upward to 1850,
practically all grades fed steers and better
grades fat she stock 10 to Is higher or
25 over last weeks close; early top handy
weight steers 1160: others 11.0o@11.5o;
some held around 1900; bulk fed steers
8.50@10.50; fat she stock and heifers of
value to sell at 6.5O@7.O0 upward respec-
lively showing most upturn; choice rather
weighty heifers upward to 800; bulk $50
ms25 asking 500 for weighty bologna
bulls; few 4.S5 and better bulk 4.50@4.75;
best vealers to packers 8.00M8.50; few
choice kind 925 and better; light vealers
slow; few sold; asking TOO and above ;
stockers and feeders scarce firm.