Newspaper Page Text
Cotton Rebounds From Low Levels on Short Covering and Trade House Buying---StocE/s Move Upward Following- Reaction
&g
sl
EXPORTS PASS 4,000,000 BALES;
) 7 9
' SPOT HOLDERS STANDING PAT '
Atlanta bank clearings Tuesday ... ... ..........$8759,123.33
s‘a.me day.last IR das seek kv v ROEE SEERY
DUOREEE .. ol i i ih deiias aboa o SODINTIRLO
Same day last - week.............. ... ........$8501,896.31
Satae da SR 00 oo i s ey BRSNS T
* - =
Atlanta spot cottontTuesday. ... .. .. ...............:...3880c
Same ARVIBRE WRRIE .. L i et s si B
Same day TIRL Ve Lo i oo B ie . YBO
ame dae dBIE o L i s R
*Hosiday. »
* - -
By VICTOR BARRON :
} The cotton market displayed a weak undertone at the opening Tuesday
as,'%he result of weakness in securities, lower foreign exchange and the
threatened strike:of railway maintenance of way employees. Better Liver-
TR pool cables than due inflexible attitude of Southern spot
: adrti holders and further rains in the belt were ignored. At
g%’% the openimg futures at New York were sto 10 points
vig"“{,g lower. Immediately after the call a small rally ensued,
rfifiafix}‘ which, hosvever, was quickly followed by heavy . selling
§ 0 @R by Wall Street, commission houses and ring profession-
E ‘;\zi\r ;;:::_x,:-.:g;‘;.:;;:i_- als.
,(f* S S Under tthis pressure the market reacted more than
o;*g},,'“ 40 points met on active optioms before the end of the
oo ¢ gl 8 first hour's trading, and 15 to 26 points on distant
’2%' .} months. March dropped to/34.54, May 32.23, July 30.45
. & BB i October 28.46: Values. at New Orleans broke 30 to
»i%i:a*i’”“"» .29 points. - During the extreme forenoen the market
%f}":‘f"‘:‘\b: %?&W &8 scored a healthy rally fnom the bottom levels on sud-
R o den strength in securities, with shorts, Liverpool and
E,: e @ (e trade absorbing contracts. March rebounded to
.& (B 31475, May 32.52 and uly 30.57. This period of rallying
k@g@ & BMRE power was based chiefly on announcement that Presi-
R *‘“;;' ¥ dent Wilson ‘will accept Sengtor Hitcheock's compro-
R “ mise on Article X, and ‘a report that several representa
tives of well-kmown German houses have arrived in Mexico recently from
Germany to buy cotton and wool to be seat to Europe. The Germans stgte
that the large mills throughout Western ‘Germany, which haw:e been lying
idle during the jwar, have resumed work, but lack raw material.. Another
stimulating item s that certificated stock/in New York is only ]‘3,909 bales,
and it was said that¥this amount will besreduced to 10,000 bales during the
day.
The market rallded further durlngl
the late trading om the break in|
call money to 6 per cent and cover-i
ing of shorts. The sensatiomal crash |
in leading stocks, however, affset, to:,
a considerable extent, the easier rul
ing of money. Final prices at New
York were 20 to 26 points unders
Monday’'s close.
Atlanta spot cotten was officially’
quoted 20 points lower at 33.80 cents.
New Yor kspots ‘broke 25 points
“to 37 3-4,
Exports for the day totaled forel
than 18,000. |
While the threatened strike-of rail
way workers has createdsan unsettled |
feeling among trades, such, should it
oceur, would be a bullish factor, in‘
that a tie-up of transportation facil
ities would seriously integrupt mowve
ment of cotton from interflor points to
Northern and Eastern mills, and fur
ther curtail stocks at New York.
However, the bearish element isi
uhing the railway labor situation a
tongs to pick up some cheap cottom.
While there is little spot business
being done, spinners unwilling to
buy, Seuthern spot holders continue
indifferent to the decline in futures
and as long as holders of the unsold
portion of the crop remain stubborn,
there seems little chance for the bears.
to hammer cotton much lower.
Exports Monfay totaled 18,284
bales; bringing the npmber of bhales
shinped so far since Saturday up to
, 66,227 bales, and 4,028,754 bales since
‘.‘Q).m_m [T T R R e e Nlmlllli‘iiliHlZiHllmllllNHllNlll'WlHl
S 'SECURITIES SALES CO.
S g_NVES’IMENI: SECURITIES
=| PHONE " Direct vire‘to our New York Correspondent GRANT BLDG
=lvv22oo Hayden, Stone & Company ATLANTA
D) Members of New York Stock Exchande. |
Y ¥ R R o TR eAR
Attractive Investment
Offerings
| THE FeBrRUARY Issug of In
vestment Recommendations, pub
lished by our Bonp DEPARTMENT,
contains a diversified list of bonds,
notes, and preferred stocks, yield
ing attractive returhs. We shall
be pleased to send this booklet on
request, and to give you statistical
and other information regdrding in
vestments, with particular reference
to your individual requirements,
Guaranty Trust Company
of New York
New York London Liverpool Paris Havre Brussels
Capital and Surplus - - $50,000,000
Resources more than - $800,000,0C0
Campbell M. Krenson,
Correspondent
Room 219 Atlanta National Bank Bldg.
Telephone, Main 693
{the beginning of the season. I\'oth-‘
p‘ing further was heard of England
re-exporting cotton to this country.l
If any is re-exported, it will be a
mere drop in the" bucket, probably
‘not more than 10,000 bales, which, ac
cording to an authority, is less than
the average daily delivery from the
leading Southern ports.
The census report on supply and
distribution of cotton during January
will be issued probably Saturday, and
‘will make a bullish shewing, com
pared with a month ago and in Jan
uary a year ago, when 536,721 bales
were consumed by domestic mills in
rJanuary, 1918, and 511,585 bales in
January last. Exports for the month
are expected to be in the neighbor
‘hood of 1,000,000 bales.
| CHICAGO LIVE STOCK.
Hogs: Receipts, 28,000; market, strong;
bulk, 14.40@15.19; top, 15.20; heavyweight,
14.25@14.75; medium weight, 14.50@15.00;
light welght, 14.50@15.20; light lights,
14.25@15:00; heavyv packing sows, smooth,
13.50@14.00; Qpacking sows, rough, 13.00@
13.50: pigs, 13.35@14.25.
Cattle: Receipts, 15,000; market, gen
}era!ly steady; bgef steers, medium and
heivyweight, 15.00@17.00; choice and
prime, 15.00@17.00; medium and good,
‘1.00@15,00; good and cho ce, 12.00@16.00;
rcommon and medium, $.50@12.00; butcher
cattle, heifers, 6.50@12.50; cows, 6.50@
11.25; bulk, 7.00@11.00; canners and cut
ters, cows and heifers, 5.25@6.50; canner
steers, 6.25@7.75; veal calves (light and
handyweight), 16.256@17.50; feeder steers,
7.85@11.75; stocker steers, 7.00@1g.50;
istocker cows and heifers, 6.75@9.00;
stocker ealves, 7.756@11.00.
NEW YORK, Feb. 10.—Ignoring!
steady cables, the cotton' market!
opened 2 to 10 points lower today,
as the result of local selling influ
enced by strike news, weakness in
securities and lower rates in foreign
exchange,
The South was a seller and soon
after the start prices suffered addi
tional 1 sses, the list beihg carried
15 w 35 points under last night's
close May sold at 32.30.° The buy
irg v as scattered.
At tte end of the first twenty min
utes the undertone was steadier with
quotations up about 10 points from
the buttom,
A further selling wave appeared
during the forenoon, depressing tho
market 15 to 45 points under Mon
day's close, March dropping to 34.54
and May to 32.23. During the ex
treme forenoon shorts covered,
which together with buying by Liver
pool and trade houses lifted the list
sharply. from the bottom marks,
March rallying to 34.78 and May to
32.52.
The market showed a stedier under
tone during the afternoon, with shorts
covering freely. Hasier money rates
and a general belief in banking cir
cles that there would be gradval im
privement in the money market sit
nation over a period of a few weeks,
helped the market, .
At the close the market was steady
at a net decline of 20 to 36 points.
Spot cotton was officially quoted 25
points lower at 37 2-4 cents.
e et et
i o ANEW. XOBRK COTTON. .. & -
| | | |Lml 6'Prev.
___|Open|High Low| Sale| Close Close
Mar. 1.‘!5.0G]R5.051R‘.43f34,73!34.70-73'34.9’
May 132.60132.60’32.03132.50[32.38-@;‘33‘65-70'
July ‘30.6;’\'30.67'.’!0‘12’30,38130.35-4& 50.71-77 j
Oct. 128.50/28.70/28.55/28.55]28.50-55828.70-73
Dec. [28.10128.13]27.00/27.90128.00 l Cramassl
Jan. [28.00{28.00/28.00/28.00]27.75 ssdhsisis ‘j
Closed steady,
et s SR
NEW ORLEANS COTTON.
| { Last Prev.
____|Open|High| Low| Sale| Close §Close,
Mar. [35.80{35.86/325.52({35.52(35.52-64/{85.90 ,
May ‘33425?33.."-:’»|33.0L“33.08133‘05-10 3.4¥-42
July 31,30[31.36|31.08!31.13}31.]0-13 1.45-40
Oct, ]28.70'28.76!28.45!28.5? 28.45 98.8/4-85
Dec. 27.93{28.]0;27.82'27.93‘27.82 8.9 ~
Closed steady .
AMERICAN EXCHANGE.
Following were the ruling pricess on the
American Cotton and Grain E:ochange,
Ip. TRMMQRET S o DT Vg
! | Prev.
____’_Qgez'.‘i',s_h}iflié?_ws}@,w
March .. .. .. |35.00]35.00]34.50434.175/34.95
May .. .. .. |32.590{32.59(32.10032.1°8/32:63
July .. .. .. ..]30.63/30.65/30.1%30.36/30.68
00k 54 s et oe [38.09]28.84/28. ¢ 28%5 .68
Dec. .. .. .. .. |28:10{28.10{27:90f 28 06[28.15
LIVERPOOL COTTOIN.
LIVERPOOIL, Feb. ™O.-—Spots
opened in increaséd demamid, iprices
steady. Sales 10,000 bales. =
American middling fair 3347, good
middling 30.47; fully middling! 29.47;
middling 28.22; low 25.42; I ordi
nary 22.47; ordinary 21.47.
Futures opened steady. =
: | 2:00 Prev.
(Open!2: v selCions
February .. .. .. [26.72].....]26.65]26.58
March .. .. .. .. [26.30].....]26,.40{26..43
Aprit .. .. .. .. |.....L.... 1250 90|26, 94
MY .t e e sRS T 25-..8; 25..46
WUHO co oy e lees s i ldne viR RTIDE.
ST . a 8 24:‘.36
August .. .. .. .. |23.67].....138.7433.79
September .. .. .. |i....fii...|2250893.28
October .. .. ~ [22.50f.....[226 3923.58
November .. .. ~ [iev..]. ... |2159023.18
Dodeshber .. i .. l 21, 56§21.73
.{z’\npary._._.__._. M o e 21.5_0
Closed steady. \
r PT . " o
| atonts ciimerest T T
: a a Commerce ngie; on
basis good middling ..m
/New York midAlng ........q...» <. .8005 C
New Orleans middling (sales’ 4783..38.50¢
Liverpool good middling ....w .. u..30.47d
Savannah midding ...a.c.,s: e .....30.60c
Augusta middhing ...........o . 4...38.00c
Heuston middling ...........ccu00...39.76c
Norfolk middling ..,......c.oemeee 39.00¢
Philadelphia middling .......-.J...38.25¢c
Boston middlmE .......cecueoom ofes-88.00C
Charleston middling .........u q.+:39.26¢C
Wilmington middling ........«.+...40.60c
Memphis middling ......cov.me 4e-.30.00e
St. Louis middHNg .....cccaioem 4. +-30.50c
Mobile MIAAINE . ..-.vevonssomog s -28.00 C
Montgomery midHling ..........b..37.75¢
Little Rock middling «..ceveeemepes.39.ooC
Galveston middling ........... = ..40.50c
METAL MARKET.
NEW YORK, Feb. 10.-ACoPper,
quiet. Spot and February, roffered,
19¢; March and April, -offered,
19 1-4 c. ’
Lead, quiet. Spot, February and
March, 83-4@9c.
Spelter, steady. Spot,+ February,
March and April, 8.60@8.70.
THE WEATHER.
WASHINGTON, Feb. 10.-—~Rainj proba
bly tonight and Wednesday in the South
Atlantic and Rast Gulf States. dlt, will
be slightly colder in the East Gulff States,
Forecast by States.
South Carolina and Georgia: Local rains
tonight and probably Wednesday, colder
tonight in Northwest portions. ¢
North Carolina: Probably local rains to
night and Wednesday; colder tonight in
extreme West portion. "
Florida: Partly cloudy tonight, slightly
warmer in West coast; W.dnufi‘; fair
in South, local rains in North and Central
portions. )
KExtreme Northwest Florida: Pmobably
local rains tonight and Wednesday.
Alabama and Mississippi: Partly -cloudy
tonight and Wednesday, ;robubly local
rains in South Pm’fion; colder tonight.
Tennessee: Fair tonight and probably
Wednesday; colder tonight in Central and
East portion.
NAVAL STORES.
SAVANNAH, Feb. 10.—Spirit: Regulars,,
1.96; sales, none,
Rosin: Northing; WW, 20.76;: WG, 20,650
N, 20.00; M, 19.75; steady; K, 1850; T,
12,781 W L 3 O, 1% P, PR,
17.78; D, 11.75; B, 17.50.
Receipts: Spirits, 44; rosin, 489.
Shipments: Spirits, 6; rosin, 842; stocks:
Spirts, 9,098; rosin, 36,215,
i e g S
CHICAGO CASH GRAIN.
Chicago, Feb. 10.—Wheat No. 3,
2.30@2.35; No. 2 hard winter, 2.30@
2.40; No. 3 hard winter, 2.28@2.30;
No. 2 Northern spring, 2.35; No. 3
Northern spring, 2.30@2.40.
Corn, No. 3 mixed, 1.24 1-2; No. 4
mixed, 128 1-2@1.30; No.- 3 white,
1.835@1.37; No. 4 white, 1.33; No. 3
yellow, 1.35; No. 4 yellow, 1.30 1-2@
1.33.
Oats, No. 2 white, 82@82 3-4; N0..4
white, 81@82. .
MONEY AND EXCHANGE.
NEW YORK, Fep. 10.—~Call money on
the floor of the New York Stock Exchange
today ruled ab § per cent; high, 10° per
cent; low, 6 per cent.
Time money was scares.
Rates were: Sixty days, 10 per eent
bid; ninety days, 10 per cent bid; four
mounths, 10 per cent bid; five months, 10
per cenj bid; six months, 10 per cent bid.
The riket for prime mercantile paper
waAsS B 2
'a”t “money in London today was 4%
per cent.
steriing exchange was stegay with busi
ness in bankers’ bills at 335’4 for demand.
New York Stock Market
2 | Last [Prev.
lose:
stooxe— __en vow | Gaie cl
mis-glhalmera % } l e
Am, MC . . el | L
Am Agiculturar 7| el 1 10%%1 5
Am, gricu fol s ans Sgt o 8214
Am. Beet Sugar . gw' R
Am, CAB. .. ox% « rR AR A% 208
A Cotron Ot . Al ® "0 ('l
Am. Ceotton Oil . . 1188 - i
Am. Locomotive . . 4 il ul are
Am. Smeltllvg R Lah e ol 4 o i
Am. Steel Idries . n:’. 1281135 % 128 %
Am. fug. Ref. . .‘l,. BN i
Am. Tel. & Tel. . . 139% 123 133 Ixak
Am. Woolen . . ] el Tan!Box
AN SR 1 chierh BRI e
ah Sl Yet "1k n | a2y
Am, i 12 1 T i
d% gt%. S e 108 % IOb%I:I(.)f” ”7".
Am. QUBYOO 5o ol ] e R
Am, gumntra Tob. . fig% 23 40/‘ 39%
A 0 18, LN, e
Am. Writ, Paper .. Jiovid oy s"o
R {:45)% 45““" 8.
Alloy Steel . : . (48, b soul 37
Anaconda .. . .4. ?78% 15"7%' &t L“
Aéch]lfon i/‘ . . ‘ ’
QoL oo f i i) s A
Ealg. (%oco. . ;.. .ll:ls%% lggi,xs 35;‘; ?lz‘u
ooth Fisheriesy. .| .... Sl sk e %
Beth. Steel “B" .. .| 903 ' g
B:ook. Rap. Trans. | 11% | 11%] 11% “’n
guneSnpemor,.‘. vt ePI ol A
utte Cop. & Zine 32%} 3214( 3214| 32%
Calif. I;s-u;(oll;um | 5] 284
Calif. Pae Bise & SRR ks
Canéd(i)nn p»ufit\c . .Jlg(li% lég% x%olx g})%
A bt el et S E e
Ol No Wbl oo Sl B e
Colo. l-‘u«:lb‘& Iron . 25;2 g;;,z 1;;2 381
GMW Py Tl Sos| saisl 81
g i 353%] 253 351y] 33%
Chino Copper ...| 3 i 3 ot
Consolidcited Gas . iglfi "”; il T
Corn Prructa S B 374 58 1%
Qoca-Cefa . . . . lats |sone|snerleis
Orucible, Steel .. . 1 3922 gt
Colbum,"(}ra,g‘tlx,g T * 3%/ 33% W‘gl
Cub. fm. 73 S 4
Cum, CIlfl; Sug. .1 46 43 43 \ ‘0:;
P PR, io wf il ....j“ ne
rAfli‘lh'aé L;grmer 5 f; ! Zg*] 17% 16%
Ch op T s hde
Cha'naier Motor . .Im% 128%.1{4?}?’1‘7
Celymbip. Gas . . fucad &.on »
Corre-de-Pasco . .| 49% 19% 49% 5
g 5 e e
r o aak s LR Gl saddt
bt sounsen” 19ad1ae 113 e ]ot
Eadieott-Johnson . 3722 1l 5
¥hsk Rubber . . , i A o
(jen. Cigar Stores . 196 15{153% 1138 % | 158 %
‘Gen. Bleetric . . ‘.‘ZM% it
Gen. Motors .. . ™t % 49
fGoodrich Rubber . . % 712 sl Tt
T Niw. B 8 - . zs& Rl wxl Bl
[ bt mmates Basi | 633 63| 6315 65%
Guilf States Steel . 3t % e
Geast. W. & W. . . P A
Greene-Cananea . . “* 52% a 3 x| A%
Tllinois Central . .. §2l| 813 51t/ 59
Insp. Copper . . DL AR aai| gare
Ind. Aleohol . . . nal Boxl oxl hin
Int. Nickel: . . .. eR 1108 Mli o sih
Int, Harvester . . i Hal 75l 114
Int. Paper . . . 4 301 215 270 304
Kelooßpr. Tire . .[l2O (120 120 |l3t
Kane iy Bou. .| 14%4) 14%) 1434 143%
Kans. City Sou. . . Il % 2818 zsa
Kennecott . . . .7% 73 7 54
Laeck. st.‘w;nu.". < i7e 43%
Lehigh ‘A sel ianiwl e %
LorLT’C‘ndy o il 38NK uu % g;’i
Lee ED . o ee us twen o] o R
L.&N. . . . . . .1101 {loo%][loo%
To the American Public
From J. Ogden Armour
President, Armour and Company
For some time we have had a thought with which we have wanted
to acquaint the American public, anc it concerns the future of Armour
and Company. ' %
s From a small beginning sixty years ago, serving a few people locally
and under the management of the Armour family, we have expanded
to a point "here we now serve many millions of people all over the "
world. ;‘
We have come to the view that a wide distribution of ownership of
any corporation serving a large number of people is of advantage not
only in maintaining the human relation between employer and em
ploye but between those from whom it buys and those to whom it sells. .
Realizing that a business of the character of ours is so necessary to
the public, we believe they should be accorded the privilege of parti
cipating in its ownership. As a beginning, two years ago we offered
our debentures, which were exchangeable into preferred stock. Asa
result, we now have eleYen thousand preferred stockholders.
With the thought ixi mind of further public participation we have
decided to segregate our leather properties. The announcement of the
offering of preferred and common stock of the Armour Leather Com
pany will be made in this paper tomorrow. '
J. OGDEN ARMOUR
J mHPrev.‘
_STOCKS-— High| Low | Sale |{Close
ATRXWeII "MOTOrS . .| 4..] «vec| ~ves] 26%
a 0 TBE B o ol is i iionil Y] 48
Mo. Pac, (mew) ..| 23%{ 23 |23 2.154‘
Mex. Petroleurm . .1174 |1623]162% /1737
Marine . R 20 27%]| 28 30%
do. pfd. . . . .| 88%!| TO%K| T9%| 83 |
%id States Oil . . .| 303%| 26%, 288 28
laml(‘-0pper..,‘.....,...§...4. 22
Midvale Steel . . .| 46 45 45 4614
Nat'l Contiuit , . eveailanesl o 84
Nat' Enamel . . .| 72%| 72 {72 | 72X |
N. Y. Central . . .| 671%] 663 663 67%
N. Y, N H. & H. .| 26%]| 24%, 24%]| 25%
NMAII Beßa. 40l v Lol s diigtad 8%
Norfolk & Western [9l | 901%] 90% ! 9115
Northern Pacific . .| 74%| Tl% 711,",3 T4k
Nevada Con. Copper |.....].....].....0 14%
N. Y. Airbrake . . . ..‘...‘....4.“..‘1001/.
Okla. Pro. & Ry. . .| 8%! 8§ 8 8
Ohbie Cities Gas . .| 43%| 43%] 43%,; 43%
Pennsylvania ... | 41 40 10 ’ 4155
Pierce-Arrow . . .| GB3%| 65614 | 563 658%
Punta A. Sugar ..| 811! 81 81 | 8114
Pressed Steel Car .| 83 2011 9015| 923
Pittsburg Coeal | . i 5614
Pullman Company .|.....|...,.1.....[112%
Pan-American ePte f 70 | 15%] 15| 80%
Pere Marquiette . .|.....|0..:..0.....] 28%
PSS ea L i e
Ray Consolidated ..| 20 19% 1 19% ! 19%
Reading . ./, ...| 70 66%| 66% | TOY
Rep. Jron & Steel .1106%1102%]102’4 107%
Rock Tsland . . . ‘ L] 24%‘ 2% 2614
do. pfad. "A"....A..1..“.‘.‘..‘RR
Ry. Steel Springs ..| 91'4‘ 91%/| 91%| 91
Roval Dutch (new) | 98%| 95 | 863%1100%
gen.ru-naehnck. o ]l et e o (AR
loss-Sheffield . . .| 69%! 69%! 69%] 70%
Meombery Ciar Co, “looio 0010 80 8T
Southern Paeific . .| 043 005! 00%] 94%
Southern Ry. . . . .| 20 | 19%| 191 20
Studebaker . . . . .l 903%] 8614! 87 | 9154
:c. Touis & San F. .| 17 | 17 | 17 | 11k
inelafr Ol . . . .| 37%! 36 | 36%] 3%
Stutz Motor . . . .‘117&'115&11!7&4!117
Beaboard Air Lime .{.....1.....0.....] 6%
BT e O ] ini s s eool A B
faxon Motor . ...| 15%| 16%/| 15%| 16
Tehaceo Products . |"74%| 73 73 T 4%
Foat Copear .1 & ..o os, o] 10
Trans Comt. O} . .| 22%4| 21%| 21%| 22y
eaas ODG o, o 5 LT 1171 172 ‘173
Toxas Pleitic . . . .| 31%] 28 29 a 2
Tnited Fruit . . . .1180%(178 11)10',;5[179\
Union Paecific . . .[ll7 11138 112% [117%
| Upion OH . . . .. .| 30 1301 30 {29%
united Pood Prod. . licei.dog. il i, 59
U. 8. Rubber . . .1103%]| 987 09141104
10, 8, Realty Co. . .1 45 |4s| 45 | 46
‘L’. 8. Steel .. . . .{IOO 0w " 'lOO‘,.’;
United Retail tSores ’76 T3%| 13% | T 6%
| Ltah Clepper . . . .| 72 70 o%| 72
Va.-Clar. Chemn, Co. | 63 63 63 63y,
ARG AT e R
ds. pfa. "A” . .| 21%! 21| 21! 29%
Western Union . . .| 84341 841;| 843! 85
Willys-Overland . .}.....1.....0...e ] 26%
Woolworth . . . . "ll""
Westinghouse . . . | 60%| 50| 5014 85014
White Motors . . . ‘ 65%| 55 |55 I Ah g
Wilson Packing Co. .....}.....]eeins 69_
BONDS.
U. S. Liberty 3%s [96.80(06.80[96. 96/06.98
do. Ist 4s . . .[91.10!90.80(91.710{90.90
do. 2nd 45 . . .{90.28/90.20{00.28/90.06
do. 3rd 4%s . ,193.54193.40/93.560/93.48%
do. Ist 4%s . .]91.70/91.30(91.70/91.50
do. 2nd 4%s . .190.54{90.50/00.54/90.48
do. 4th 4348 . .!190.96/90.46{00,96/90. 52
do. sth 4%s . .!97.80{97.8 ’7‘80”7.30
do. sth 3%s .\ i7.Bo]gz.]_4lfi_7.7_§ 9_7.!_0
Callmeney .. .. .JlO | 6 | 6 |.%
' "
|
NEW YORK, Feb. 10.—There was a{
furtner easing off in prices at the
opening of the stock market today,
when declines of from fractions to
over 4 points were suffered in all the
active issues.
Steel common yielded over a point
to 99 1-4. Baldwin Locomotive fell
2 1-4 to 110 1-2. |Republic Steel
1 5-8 to 105 5-8 and Bethlehem Steel
B 1 3-8 to 89 7-8. :
General Motors yielded 5 points to
260. Chandler Motors fell 3 points to
129 and Pierce-Arrow 1 3-8 to 57 1-4.
Mexican Petroleum was the weak
est of the oils, dropping 3 points to
171, while Middle States Oil fell 2
points to 26 3-8.
Losses of 2 points were suffered in
United States Rubber, Goodrich and
International Paper.
There was an improved tone to the
market during the forenoon. Steel
comrmon rallied to iOO, Baldwin Lo
comotive to 112 and Crucible aver 2
points to 213,
The market was subjected to se
vere pressure late today and suf
fered declines ranging from fractions
to mnearly :9 points. Traders threw
their.offerings on the market in large
volume, support seemed to be with
drawn from all parts of the list.
Many issues made new levels for the
day in the final trading.
Steel common breke to a closing of
97, a loss of over 3 points. Ameri
can Woolen dropped 13 points to 122,
General Motors fell 6 points at a
time to 248 1-2, a loss of nearly 1%
points. Mexican Petroleum slumped
rearly 12 points to If 2 1-4, with a
rally ut the finish to 165. J.oss from
2 to 3 points was suffered in the
rails. Southern Pacific dropped to
90 3-4; Atchison to 78, and Union
Facific to 113 3-4. C(Central Leather
continued in supply, falling 6 points
to 76 0-8. Baldwin Locomotive was
finally 107 1-2; Marine Common
28 1-2; Republic Steel 102 1-8; Amer
ican International 90 1-4; [lllinois
Certral 82 3-4; United States Rub
ber 99 1-4, and Studebaker.
The market closed weak. Govern
ment bonds unchanged; railway and
other bonds weax.
- oy 3
NEW YORK CURE W
STOCK.|
The market opened: heavy.
¥ Bid." Ask.
ABEOR BEDN i virabnserase TR 8
Anglo Am. Ofl . ... i.eo.oaen 24° @ 2514
Consolidated Copper ......... 4%@ 6
gosawn’ Ml i il vesesanh 8 B 8
Houston Oil mg @llO
Indiana Pipe’ ...... W . 0000 98 @9B
Frter “Pete' . i . Phvan v s B 8 080
Lehigh Valley Coal ........ 87 gsr
DERRWER i onih i v s itsrile 38
BEATCORE .« i o ais s inny sananet RN 650
IRETERISY O . (it s i v 38 20.
Midwest Ol ..o vowvaivor 130 1%
Midwest Ref. ..o.ovecaivsvuss 1690 @164
North American Pulp ......., %@ 5%
IR O, 2 S iiais s s kR VAR RS
Pralrie. Ol . o iiiiivevsiov 000, IRELE
Submarine Boat ~.......0iu. 13%%’]5
8 O New Torß ..oiivs ens.nn+soo 415
B, O. Now JBrssy .. ... v «700 g“!
8. O. Caliternia ~.,.........315 @B2O
8 O Indigsa ..ve..........680 @%OO
vion MRBI i v s sivasal 08 I I
iWicterin Ol ....iiiisivaviver 119 D 2
Cons. ArBONA . .iiicareansane he -%
Nipissing esy sl g 1014
‘Boston & Wyoming Oil ..... 14@1 3-16
Glen Rock Ofl ...\t heevsve NG 1:’
Island Oil & Transport ...... & @ 6%
v. 8. Sgeamship ... 3 @ 3%
BADURIDRT . iitviins s vhders A B
AP TAGNE o visiiiiivesiviny, ARE S
IITENON .. ot by asan vasviv B 8 ?20
BRI CrOCK . cabci i anissvn SR B
Oklahoma Ol viiaiimuroeens B 8 7
BUHRRG o e O \39
RUBDEILY o civeyinponßomiai SENEE S
RALDITIG . s viovciva bl v Bieics o T B 34
BERKHnIe® ii vt ieane BUR 65
Bl Lals < vet 4!/.@ 15
Phillips Pete.......0c000v000.. 3635 @ 38
BERILON 5LDvy ev e %@ 9-16
BimmE Pote. . oivohavn.iinen SO4 43
SAntA CooIIE ' iiiihiseirisis B 0 A2B
Rt Ol o e i e A 1 80
Chalmers Motors ......i.e.os 8 g 7
ABPRRIL. ~ v ners s eres DRWEE B 4
Int. Con. Rubber. i, .v..msss 10 @ 16
MATIRDRR ibits viR 5&
T, SOO Bher vk caidnd i AR X
Poarlel .15 Srßvy WP 04R
YOrei®i o vev b i diceg ey c 8 00 8
A WOk, Uod v oihdisteie s 308 1958
EF B BRI S e R
WRYDE oß] ..( iiisvinsrns sAN -8
BRSNS &%, cebiig i miiasagine IR 103
‘Ray Hercules ..6.......7 00 I%® 1%
LBk Baßin Vi s casueaees AI%EO %
Tobacco Products ........... B%@ 87%
Boone OR Ve e ARG A%
EPWOREN i Vi ks veaeaiona sDS ER
ERled DI s seesaiiie s K@ll-16
PenNnock ..i...ovdeisacienise 8 @ 8%
WUIRNO i itk diseavissie. AN - §
iDolonial TIPS .. ciivsivnrsiiy BRD T
| JACKSONVILLE LIVE STOCK,
Hoge: Recaipts, light; prospects, steady:
choice heavy, 12.50@12.75; good, h“vg:
12.50@12.75: rough heavy, 11.50@11.75;
lights, 11.50@11.76; heavy pigs, 10.50@
10.75;: light pigs, 8.50@10.00,
~ Cattle: Receipts, light; prospects, steady;
steers, 5.50@12.00; balls, 5.00@7.00; year
lings, 5.00@7.00; cows, 5.50@7.60; veal
calves, 8.006@12.003 caners, 3.50 up.-—Wil
liamson and Dennis. February
! U. F.. INCRIArzgS ?nuaeuq%
_NEW YORK, Feb. 10.—The United
Fruit Company today declared the
quarterly dividend of $3 a share,
thus placing the stoek on & reguiar
|Bl2 per annum basis. The dividend
Ilu payable April 15 to stock of rec
ord March 20. /
w..léggx. o
- ¥
RE L } ,
{'y 1 i
8
* £/
] &
| e
- CHICAGO, Feb. 10.—The weak tone
'of the corn market continued today.
{Uponing prices ranged from 1-4 to
| 7-8 cent lower.
| Trade in oats was mixed at the
| opening, prices ranging from 1-B¢low
ler to 3-8 higher:
. Although trade in provisions: was
‘not heavy, the limited offeringsssold
‘downward from yesterday's €lose, the
price range being from 3 to 15 ¢cents
under yesterday's close. b
| Corn clored 3 to 3% 2ent higher.
Oats closed 2% to 2% cent higher
Provisions closed higher
T o Vel ki (O
___| Open | High | Low | Close |iClosey
Corn | { |
May .| 1.24% 1.28&{.! 1.'24“;‘ 1.285:4 1.258%
July .| 128 | 1.26%/( 1.22 | 1.25%° [} 1228
Sept. | 1.19%] 1.233%1 1.19%| 1.237 41 .. ...%
Oats * | | | J |
May .| 745! - .771] .74%| .TT°R| .74%
b July .| .67%|. .69% ) 671! .69 851 l .67
Pork | &1 | | i
May .[33.65 [34.80 [33.60 [34.25 /138.75
Jubly. il e s 4Sy s S
Lard ! | | | | :
Ma¥s .[21.09 [31.25 [21.00 [21.7D j 21.0%
Ju1y.[2162 [21.76 [21.50 ‘21:5 |21.55
Ribs | ; { | g
| May .[lßls |18.45 [lB.lO [lB. 37 !18.07
July {1875 [18.95 [18.70 (18 90 [18.67
eee B e R
(HICAGO CAR LO' [S, t
CHICAGO, Fem. 10.—Follo' ¥ing are re
ceipts for teday: ‘,‘
WRHEBE .. ciiicohnsgbysnvnnie fesotnsh
I(‘nrn sese RE A ERART IR 228
LORDS .. cvivioyyinsnsiveniesns v Basvitgds bo BN
Hoga [l.llLiiiiiiiiiiiilll LllliE 0800
ST, LOVIS LIVE STOC £ MARKET, |
ST. LOVIS, Feb. 10.—C attle, receipts,
4,5007 market steady: Na tive beef ueer!,
1.’:.60631\5.'55: yearling beef .steers and heg(
;flrs( 10.00@12.00; cows, 9. 15@10.00; stock
ers and feeders, 10.00@10,75; calves, 16400
@17.00; cahers, 6.60@7 150,
Hogs, receipts, 11,000: ' market, ntfladg.
Mixed and butchers, 1 §25@16.75; go6d,
15.00@15.40; lights, 1 §50@15.75; pigs,
12.50@15.60; bulk, 15.2 ;@15.65. g
Sheep, receipts,. 2.50 ); market, hlg}g’g.
Pwes, 1000@12.00; cai mers and choppers,
| 5.60¢26.00; lambs, 20.09)@20,35. *
1 ks
ORN'EDESK
& Fl) ({TURE CO.
"3 N. Pryor . St,, Phone Ivy 1158,
DE’3KS, CHAIRS, ‘
FIL ING DEVICES.
Large S tock. Low Prices,