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Show SHORT SELLING GMISESDEGLINE Break at Midday Takes In- i dustrials and Rails Farther Down XEW YORK, Nov. 17. Aaaurancesl of leading banking interests that t i domestic financial situation Is funda-' mejltally sound and another brisl: ad-j Vance In British exchange sllniulatcd J a moderato demand for stocks at thi opening of today's session.' Invest-1 mcnt rails scored the osl substaa- tl.'il galn., Nortlinrn Fadflc rising l1, points, and Southern Pacific a large fraction Mexican Petroleum, Baldwin Bald-win locomotive. General Electric. Crucible Steel and Amtrrlcan Sugar! comprised thr. other firm to strong issues, is-sues, Rubber and copper shares were ngr.tn Inclined, however, lo reflect ud-verse ud-verse conditions In their respective in-j dlistrlra. Gains were cancelled when shorto began a series of -driven against Crucible Cru-cible Steel, Shippings and various rpe-cb'lties. rpe-cb'lties. Crucible was attacked oil rumors ru-mors of on indefinite postponement of the long deferred stoclc dividend. American Am-erican International continued to react re-act on the lower prices reported for ship charters, rubbers became heavier mi the reduced AJa.x dividend Coca Cola was under piossvirc of the sort thai RCCQjnpan!ed tho recent suspension suspen-sion of 'he dividend Leaders among rails. Industrals and ollsjetl baek'l to 2 points, hut milled ar'.ably before noon' Call money opened at 8 per cent and exchange on London added to Its earl;- advance. Prices broke sharply St midday, further fur-ther liquidation and short selling effecting ef-fecting severe declines in special stocks. The break soon embraced Industrials In-dustrials 0 d rails, some of which fell under recent low .records. MAY YORK STOCK LlsT (Last Sale) Allis-Chalmers 29' American Be. ; Sugar &8 American Can '-45-4.1 American Cr & Foundry 122 American Hide Leather pfd... 4J j American International 'Jorp. .. 4SVil American Locomotive 82! .American smelting & itc-fgr. ... 47, American Sugar . &7 Amorlcun Sumatra Tobacco . . . 7 2 American T. & T 94 I American Y'ooicn . . 63,4 1 Anaconda Copper 40 Yi Atchison r. . 63 All., Qulf YY". Indies .110 Baldwin Locomotive , 974 Baltimore & Ohio 3h T, Bethlehem Steel "B" ... 07'-, Canadian Pacific 11 Central Leather 3 7 N Chandler Motors 75 W Chesapeake & Ohio Ci Chicago. Mil. & St. Puul ....... 35M. Chicago, R. L t Pae- 30 Y, Chlno Copper 20 T Colorado Fuel Icon 30 Corn Products 74 r I Crucible Steel 101 4 Cuba Cano Sujfar 21 Yi Kite 153i Ooner.-tl Blectrio 119 General Motors 13'i Goodrich Co 41 Great Northern pfd 7i I Great Northern Ore Ctfi 804 Illinois Central &S Inspiration Copper 34 Int, Mer. Marine pfd tl International Paper f3 H Ksnnooott Coppsr i9JA Louisville Sc Nashville 1U2 Maxwell Motors 2B Mexican petroleum ido v Miami Copper lfi'i Middle Stales Oil I2J6 Mldvals Steel : 34 Missouri Pacific 23 New York Central 7.'. N. Y., N. H. A Hartford 2K Norfolk ft Western 96 Northern PaolflO BBK Oklahoma Prod. & Ref 1 Pan American Petroleum 7 ". Pennsylvania 41 People's fjas 87 Pittsburg A- YY . st Y a 27 Ray Consolidate. i Capper 1 1 'i Reading S7 Rep Iron & Ste-I 85 j Royal Dutch X. Y C9 ',8 I Shell Trans A Trad 45 I Sinclair Con. t)ll 25 I Southern P.iclflc 109 Southern Railway tib Standard Oil of X. J. pfd in:.. Studebnkor Corporation 47 Tennessee Copper 4 s3! i Texas f'o -17' Texas ft Pacific' 21 '? , Tobacco Products C8 Transcontinental oil 10 Fnlon Pacific 11!i' I". S. Fond ProdUfjtS 30 F S. Retail Stor-s . . .'.7l4 f. s ind. Alcohol 70 Fnlled Stales Rubber i0 . F tilted Stales Sieel SlFu Ftah Copper 50 ''Wastinghouse Klectrlc 41V9 Willys Overland 7 -S American Zinc. Lead and Sm. 7 ' 1 : Butte and Superior 11 Gala. Petroleum 20 Mont i 111 Power .. . '. 59 wB Shattucki Arizona 1 I Pure Oil 34 I CHIC Y(. (.11 YIN CHICAGO. Nov. 17. Wheat under-1 'went a setbuck in price today largely! us s result of aggressive selling on the; part of speculators, Thi ielllUg appeared ap-peared to be based on beliefs that bull-' ish factors had been well discounted by recent upturns. Declines, however,) iiiot with lather persistant commission commis-sion house buying. Initial quotations which varied from H4q lower Uc advance, with Decembor $1 . S7'2 to 1.88 and March 1,7I to 1.77, were followed by a material sag all around and then something of .1 rally. Corn gave way with wheat. After opening to l'ic lower. Including Decembor el 134 '" ""' market fell h little further, and then reacted somen hat . latS were governed by the, action of other grain, starting unchanged to i',r down, ami continuing week, provisions lacked support except November lard which was in demand from shorts; VI MINNEAPOLIS. MINNEAPOLIS, Minn., Nov. 17. Flour unchanged to 20c higher; fnm- iiv patents 1 ncarlosd lots 89.6fj 1.715 s barrel lp 9S pound totton sacks, Bran ?33.oo. |
