| Show 1 FINANCIAL AND COMMERCIAL C r ATTACK AIM ON STEEL UNSETTLES STOCKS Harriman Issues Depressed by Difficulties in Way of of of Dissolution New cw York Jan 23 Weakness of Steel was as the conspicuous feature of oC today's stock sock market Pressure was directed steadily against this this' stock and I its loss of or more mor than 2 points was perhaps tho principal factor in iii tho the unsettlement of ot the tile whole list The Tho selling converged converged on Steel Reading Read Read- Ing and th the Harriman stocks stock and standard Investment issues ues an and anI s sold down with the speculative leaders lenders A A spirited ral rally late atc in the tho day a lifted prices considerably above tho the low point Tho The sharp upturn just before tho the close yesterday following announcement announcement announce announce- ment meat of or Turkeys Turkey's acc acceptance of the peace proposals aroused hopes hopel of ot bull bul traders that the tile upward movement mo would receive further Impetus today but tho the course of the tho market Indicated that th the announcement had been dis dis- counted Resignation of of the the Turkish cabinet In consequence of or I Its action made mado known late lato In the tile session was wasa a further unsettling Influence Pressure against Steel was associated with wih the tho revelations ro made In the governments government's gov gor- O dissolution suit sui particularly the admission of or a n former president concerning an nn International rail rol pool pooh 1001 Harriman shares were depressed by b intimations of serious obstacles In the tho wa way of carrying out tho dissolution decree The weakness of or the market seemed to radiate from froni gen these issues the technical position of or the market having been weakened b by cx- cx short covering on the time previous two day days daYH Offerings of convertible 45 H per pel cent St St. Paul bonds caused a abr abrak br brak ak In both the tile stock and bond bonds The Time stock broke 1 12 and the outstanding Hs two points Bends Irre Irregular ular with the lower trend Distillers 5 made up the rec recOunt re- re c cOunt nt loss Total sale par value alm 2785 United States bon bonds were unchanged on call I Sales 1 I II J. J I I I. I L. L I C. C Amal S' S 74 i iH American 11 J 53 J ur o I 37 23 i American Can Cn H l 0 1 13 1 4 Ah American Car Cl 20 33 33 c American Cotton 01 1 n. n 49 9 49 Ice 21 23 23 Io American merca 1 0 I I Z Am American Locomotive l t 40 39 9 39 3 y n Smelt 0 Ht 4 ZOO 1 i 73 7 72 Ir Cr I H 10 American l ar 10 15 1354 American r rel l. l rd 11 1 YI t 2 Anaconda noona C Co ol 33 37 o iO 10 3 3 i-I i Coat Coul Line Inc Il I Ohio HC 16 25 23 Brooklyn 11 Transit 61 58 S1 SOC Canadian Pacific 2 26 Central Leather 23 25 Chesapeake 6 f Ohio N ir 77 77 7 Chi Great Western IG Chi U. U St. St Paul Paul IH 6 12 12 Chi r 1 Fuel 1 iron Ion 10 25 23 31 r Consolidated GS Gas 1 1137 C Corn n Products 0 I 1313 S. S lu hudson on 1 k Rio Glan Grands 23 t 21 n 21 Preferred 1 lo tl n. n Securities 60 18 13 Erie CO si 31 31 31 1st preferred i preferred 10 9 4 9 39 9 Z EI Electric 10 40 H 1123 Great pM 1 1 1 1391 Great Northern ore or 1100 40 39 1 39 2 9 Illinois Central 0 12 IX 17 li 17 Preferred Gl 61 I 69 60 C International r. r 1167 40 IO International Marine pd rd IS' IS International r 60 o 1 10 10 G. G InternatIonal 16 16 16 I an City Southern Souther 26 G 26 23 C 11 J Valley oley 60 11 Nashville 1 IL 31 St. St I S. S I. I 40 13 n. Mo o. o Kanas M TU Texas 2714 1 41 41 41 H National Biscuit 4 1 40 O I 43 4 49 Nat t. t Ils Hys ot of 31 I c. c e. e pfd td 1 21 24 4 23 New York Central O 17 New York O. O k m. m 5 Vestern 12 North orth American l 82 S Pacific 50 19 19 P I lahl ni 1 OO 1 1 1 Gas GIS 1 1 P. P O. O C. C St. St luL I I. I 10 Coal 10 22 2 22 22 lf rl Steel Icel Cu Car 10 10 33 33 33 n 33 3 Pullman Palace Car H Reading HIllos Cl J 1 i 1611 Iron Irn Steel 21 2 21 I s island IO 22 2 2211 22 2 Preferred lo 00 0 40 59 4 St St. t. t I. I L. L i. i 1 r. r 2 td 20 27 7 37 6 6 Seaboard tir Ir Line r pc 29 19 I 1 13 C H 47 1 I. I 46 6 Shoos i. i S. S Iron 41 40 Southern Pacific iC H 1 1 o lo 10 i 1 2 t 37 Preferred j 79 I 79 I i 79 Copper 01 t 23 1 34 3 34 31 rennel r Texas ns 1 l PacifIc cle 30 0 w 20 20 ol 1 15 12 io 0 90 9 I 90 X United soo j 72 States r 5 LiI 1 GG CC 66 hulled Slates Steel OO Gmt C 62 7 64 61 Pret 1 i Utah 3 rr u. u hI w 33 Oh Chemical 01 31 M 35 S 1 Preferred 1 1 Maryland II 4 1 I 44 t 7 Union 30 0 I 1 l I cI to i 4 1 5 Lake Erie rl 2001 s iH C Total fot the day CONDITION OK 01 23 The The condition of ot United States State treasury ury nt ot the luc ur urness or of bushness bush bUtI DU I- I nl ness Working today tollay balance was wis 5 5 81 A 11 I. I In au nud l treasurY TotAl of hf general ern 1 fund W 02 HI 11 J 10 Deficit 1 to tl date this Hil rJ fiscal fIcai clIl year 1 H O Deficit time last year jear ear The I ea for tr r receipt antI anil deficit e Panama cnn canal 1 nut and nud public debt s. TS Ni York Jan M. M Copper 3 Copper firm Stand rd spot Clint and January 1562 hI bid I to May Iny 15 electrolytic 1650 1630 lake casting a Tin rip weak ti t. Il ot i OW iO January Jl 4 43 CO K 1 c. c 75 March 4 CO Lead steady Spelter weak i ioni oni 1 Antimony quiet C 97 Copt Copper r arrivals II 10 too ton l x this month ton tons London copper weak Spot 70 iO 10 lOs 91 I future 70 IJ 35 l. l u-al u nl exchange asks S i tons London tin weak pot J 6 C r Sa futures London ll 17 J I M. M J speller spelter 26 G 2 24 1 Cd Iron Cleveland fArrar G s C Cl 61 l In la Loud LouIn n XI OUI Y M 1 T. T W York Jan 20 Money on n call 24 3 per ter cent ruling a 1 3 6 per pr cent cont clo closing ln bid 2 2 p per r offered at nt 3 per fr cent cont Time lime loins weaker Sixty 1 tF days S 3 i tier per er lIl cent ceni ninety days 4 per ler lent cent six sis months H tier per Prime Prim mt mercantile paper 4 41 to 5 fi per cent Sterling C 81 steady 0 with actual LII business busi I. I for tor day sixty I ness 1155 In iii bankers bankers' n hills at bills and ud at nt t for r demand Commercial C bills M n dollars n. 19 bonds tend loon toad i AMI U S. S Chicago Tan Jan and antI oats eats d on the tue board of trade today of fot firmer S Wheat n a cables based tim re r. er early carlyon on steady Liverpool drought In India hut but ut l In to with the ash under rc market t. t The rho he v t trade at nl alto o Ja Jacked t c r f r support of or corn strength on which it ha has haft ale de- r nI rl lately Argentine An was u lead lead- luIT mr freely for tor export Spot markets mareta throughout through out tho country y w were ro reported dull Llull and gund weak May Ia declined net G General Genera rains reported In Argentina sent the com market down dono He 0 for Cor or May lay rho Tho trade at attached attached ot at- morn more Importance to n this than to the tho domestic rainfall which probably will retard enterS the movement nt from rein tin tin- farms The Tte spot lIpot market WM wea IL dull anti and out of ot line although one rc rc- ix rt d bushels b sold soM for cx- cx export rt Oats were dull AntI and the tho tono tone a 11 reflection of r corn com May dropping c for tur the da day Shipping call was slim were ere dull and fluctuations fluctuation very Tery narrow The tone was wai aft easy on the larger ho bo horun bog run ruu closing prices being 2 c to Sc rr un under lr yes yes- Leading future ranged as M follows WI WHEAT EAT EAT- I Open I lImb High b. b I Low I IMay I Close May 93 91 1921 92 July 1 30 m 19 39 Sept pt 88 05 sm S S CORN CORN- I Open I High I 1 low w. I Close May 2 l m l J July I I y l 33 I D C l lI Sept t. t 52 51 t 34 t 33 38 53 OATS rs I Open I lII High h. h I lx Lot JAW w. w I Clos May lay GH 33 I July 13 34 II 31 40 31 33 3 S Sept 34 31 Zt 34 13 f 4 I 1 Up n. n I utah High h. h I 1 Low Tow I Ci Olo ve e. e Jan I. I I. I I IMay May 18 I 1953 1 1882 1885 1805 LA IA LAUD ltD lID I Open I lII High h. h I Low I Close Jan Jon I 1012 I 2 I 1007 1 1010 1012 Moy u w 1101 1013 1015 1 I 1013 1015 I 1101 1015 SHORT RIBS I 1 or Open n. n I 1 High Ilich I 1 Low I Close CIe Jan I J i I i May Y 1012 01 I 1012 I 1010 I l 1012 12 Cash quotations were ns us follows Corn Corn- Corn No n. n 2 jellow sello 1 O No o. o 3 2 I Hi No 3 white hilt 1 1 No Xo 3 1 yellow n No Nc l' l 4 4 i No XU 4 white hitI No Xo 4 yellow H Itye No o. o 2 B tel 0 ey 1 Clover IZ Mess c lurk n. lurk Purk O v. v Lard It Ribs 9 6 H 4 Clearances t Th wheat at and flour Jour l. l CI Primary against V la last t year CU s. J-s. s. s for tor tomorrow Wheat CO W cant corn cars 18 cars bo hogs hoes head bend NE GRAIN New tt York Jan 23 hour Flour about steady with demand poor Receipts Shipments S Wheat Spot heat Spot easy No 2 red 1 lW curator and nd 1 10 f. f o o. o L. L afloat both nominal No 1 north northern rn Duluth 99 4 f f- 0 o. o I h. h afloat t. Futures were wert easy cay un under r liquidation prompted T Ly by y lower continental markets clO ilo Oc net cr May S 3 9 9 co closed ell 83 VS g D 9 IG Jul July rJ closed J lo IC i. i Receipts Shipment 2000 2300 Bonded wheat h at January cl closed e May MH iG J July yi 37 i LIVE STOCK lUU T C o. o Jut Jail 23 Receipts COM Markut Mar Mar- I r. r kut ket clow tiow Beeres 60 15 Texas steers steer iO western steers 30 stackers anil feeders 4 1 cows cos and half belt ers 33 caIn calves caires no HORS Receipts s 00 Market slow weak to f roe fc c lower than Wednesdays Wednesday's avern average 7 7 74 i mixed 7 2170 2057 hen heavy i 5 rough roush 7 00 pigs 7 7 bulk o of sales 7 I 7 74 4 Sheep Receipts I. Market weak to tt 1 10 ISo 11 lower than Wednesdays Wednesday's ays ay's a c. c Native tS IS f western ro J 8 i lamb native i. i western 1 00 9 20 9 Kansas IJ City Jan 23 3 Receipts 4 Including lOCO Market steady Na Native Na-j Na n. n tire tive steers 6 southern steers r O southern cows and noll b heifers t native o cows and heifers stackers an and tr feeders dais ESO O 1710 bulls I. I 6 20 w western west west- t. t era ern m steers S w western tern COW cows nos nc Receipts Market weaK to G Cc Ge lower Bulk of or sales 73 7 heavy henT 70 packers and butchers 7 7 light 11 ai 0 pl pIgs GOO Sheep Sheep Receipts Market steady Muttons Mut rutton tons ton Jambs range rang and yearlings i anJe ewes COFFEE A AND D SUGAR New CT York Jon Jan 23 Coffee cotte Coffeo futures op opened nf barely steady at nt a decline of or i 3 u to 7 under liquidation Prices rallied ou on trade trad buying an and short covering with tho the close firm net 1 point r to S points lower hewer Sales Sale 1060 January 1304 February 13 1306 OS March 13 1320 A April 13 1328 28 May hay a 1347 June 1354 Jul July 1363 1163 August 13 68 63 13 1306 6 October 1 1372 7 November 1369 December 1303 1365 Spot dull duh Rio Illo 7 i 71 13 Santos Is h. I 15 Mild quiet Cordova 16 IS Sugar Sugar Raw nominal Iusco SO test is centrifugal 96 6 test 41 molasses 89 test Refined steady WOOL OOIJ lU ET St. St Lou Louis Joul Jan 23 Wool Woe Wool l steady Medium grades combing and cloth clothing In light ht fine lne 1921 heavy tine fine I IS tub washed tJ London Jan Jon 23 Th J.-Th There There re were bales bale offered of ot terell at the the- wool auction sales tOIl today ty There Ter was trUS brisk buying by Americans American and tb the home trade and ln flue fine ro Js hardened 5 per cent over the November average c. c Scoured merinos merino were eagerly taken nt at higher hl ber prices r New fW York Jan Jm Cotton Cotton closed 1 f steady at t atIt ta n It net nN decline of 11 U to 21 22 poInts Clo Closing bids January IU 1243 February 1205 1206 i March I 1207 April 11 1135 SS 1 May Mar t 1190 llO June 1174 t July 11 1170 70 August 11 CS September October 1123 1137 ti V December 11 1126 26 Spot 1 t cl closed 5 11 nul quiet t. t Middling J uplands I 1283 1285 middling gulf guilt 1310 1311 Sales S bale CHEESE AND D EGGS New c York Jan 23 Butter 3 steady dr Receipts 9 to tubs lub Prices unchanged e irregular Irre n Receipts 2153 2 boxes State I whole milk winter made molle white or colored specials ape ape- j chile not Jr green n o. o 16 17 li do white eol colored aver avor- I n p f ruu ruu green 15 lr 4 I steady Receipts ca cases cs Refrigerator ator tor fir firsts ls Is Chicago Jan 23 Butter Butter steady I Cr Ies 2019 2 t S Sigga easy eases CRAM Fresh receipts re reo re- re at nt mark Included tl er a abc alor lor firsts first j IG 17 firsts 2 fJ UI gl Duluth Jan 23 3 Close ell 1934 January 11 bid 1 May a 13 hilt hid rUY IOUI l Chicago o. o Tun 23 Poultry Poultry steady Dressed turkey turkeys tur tur- tur- tur keys key 22 chIckens chicken 11 live 13 springs live 1 13 33 POTATO ro U. Chicago Jan 23 3 Potatoes steady Receipts 2 20 10 CAr cars Michigan lIn 4 Wisconsin 1 18 GI I G Washington ton Jan 23 Cotton Cotton ginned to J January IB am amounted minted ted to 13 12 j. j bale bales Including 1 round bale and bales bale of sea sen island Uland the th th WI bureau buri-au announced this morning E New tw York Jan 23 d Ilp apples 1 1 dull dul Prunes 5 steady A Apricots rl i r reaches caches and ani quiet Wholesale and Retail MARKETS water tI fish b advanced l slightly in price lint week weck on 00 account of or A L shortage of oC supply The Fb wholesale al prices price on ou lamb also went up Ju local al 1131 this tuM will not affect rr rt rt tall tail j M I yet lIa Hay anil Ira grain n. n tour four nn 1 uni I remain statin n The rho lu arc ar the current quotations gG Er r DU uLES Wholesale fl Retail Celery per dozen i W 4 I. I O Celery small per l' l bunch 04 04 05 O Carrots Carrut per pcr peek peck to 10 10 M 3 Cabbage Cabbag per pound OH 02 03 03 Dried oj onions per pound 01 01 O S ler per bunch 03 C l Pet Pr r down doston bunches 10 10 iO t I Lettuce rae per bunch Lunch ItS C 07 In A It l Lettuce en California II torn la bunch banch 06 07 Turnip Turnips peck 12 i o 0 D Cauliflower per pound 10 J IS 10 per bunch n 05 03 J Per n dorf-n bunches bunche 43 Gr Green n per pcr bunch 05 0 2 TIer T- T lr Ier dozen dozeR bunches 50 CO 0 Sprout prout 15 IS i Artichokes each 15 Sweet potatoes potato h. h 05 0 GREEN GREE l nUITS rrie pound 10 10 15 pr 11 pound round Ou lei lozen per Ier dozen 3 Per Ier cn case cae lOO ij Oranges per r dozen j i l' l Ter ier r ca casts cal o 4 Apples per pound cr 02 2 Grapes 07 07 l J LARD v Tare Pure tome home rendered pound H Js FRESH MEAT T. t Dressed ltd beef per pound pound- Steers r 11 n J i Cows 10 i Sirloin steak steRk 3 V 12 i 2 1 porterhouse 30 30 Short Shortcut cut i i i Round my 0 Chuck 15 1 i Tot ross roast 16 15 T Prim rib i 2 Rump Hump ic 15 Boiling 1 10 J 12 Soup Soap N h hones n hinn S Y-J Y Dressed II mutton pound pound- Ewes Ii i Muttons Mutton Jt hi-ar prime 15 U Loin and anti rib chops lj 17 Shoulder chops 12 StD Stow w 0 Wl 23 I. I Dressed i l lambs lambs- bS' bS F Spring Iamb 12 13 Tall Ian lamb iamb 11 r. r i i Roast 20 0 i PrIm chops 26 Stew Sten 10 Pork Pork Pork- 4 Dressed pork per pound 10 1 10 1 12 1 Pork loin i 15 Should Shoulders rs 1 ii 1214 1 P Pork rt chops 3 20 II llama I ml whole li lS t Salt pork lork 13 v calI Veal cal I Dressed r cd veal real per pound JSU II Cb Chops loin or rib 3 25 Shoulder chops 3 Shoulder roast 4 1 c Breast v 15 iS S SMOKED MEATS Siam Hams pound 11 2211 fi Bacon sliced per pound 20 5 Kacon per pound O 20 0 22 Bacon fancy lancy per pound 21 IVi 35 33 POULTRY Dressed hens p pound lund 1 II 11 22 n I Spring chickens P pound 13 15 75 5 Ducks pound 13 IS 22 Z Geese Gecse pound 19 22 Z Turkey lurker pound 21 l CO 30 J IU TIlT HAT A ANT AND D GRAIN I A Alfalfa hun hundredweight 75 7 75 5 5 Bran hundredweight lZ narle Barley hundredweight ICO 1 0 Oats hundredweight Shorts hundredweight 1 10 O Corn hundredweight lI 11 O Cracked Crocked corn O Timothy d hundredweight n 8 lW 11 Wheat heAt 40 1 l 1501 Q FLOUR High h patent Utah cwt c SO Straight SIr grade Utah cwt ct 20 Bakers Baker lIt Utah b. b cwt IW 10 SUGAR Cant CaneS hundredweight COO 60 Beet el hundredweight bt 6 60 EGGS r |
