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Show RAILS TUMBLE I UNDERSELLING I Highest Grade Issues Go Down Generally on Wall NEW YORK. March 10 High grade or Invest rn-n ' rails were subjected to re- H newed pressure at the opening of today's stock market. Selling of those issues nt average dr, linen of point was doubtless promi'ted b Indlcatlona of a country- wide revision of wages and salaries to meet prevailing economic conditions Shippings also were lower. Atlantlc-Oulf preferre.1 noon declining to 334, a new H low record European oils were cotxsplrji ously strong, however. Shell Trading and Royal Dutch rising 1 and 2 points, rv- H spectlvely. The concurrent strength of British exchange suggested aomn relsxs- HHH Hon of the tension In tho foreign sltuu- Selling r.f rails continued with lltt'.e nterruptlon during the active forenoon. Involving every division of thst group. Ireat Northern, ("anadlan Pacific. L'nlcn I acific NoW York Central Delaware V Hudson. Norfolk & Western. SI. Paul K-k Island and Sl Louis Southwestern systems frtl 1 to 24 points Among In- dustrlals and specialties losses of 1 to I Pplntl were featured by Republic and I nlted States Steels Anaconda Cvjci Henrral Asphalt preferred, and Hears- Roebuck, the latter declining to 75U. new low price fnr the year Ex. ham on London rose appreelably over Its earl, advance and call money was unchanged at seven per rent, although the supply ' ' ! leH plenilful LUjUldatlOn of rails made further prog- res at midday. Sl Paul common ar.d preferred svre espe. laliv heavy and At- chlson ct.eraj.rnv;,. g Ohio, New Haven H an dMIssourl T'aelftr 1 referred also lost 1 to 14 points, A further decline In Pennsylvania to .37 re, resented iho lov;- est price for that stock In many years NEW YORK STOCK LIST. ii.-- Sale) Allls-Chalmers .'.1', bTH American Beet Sugar .. 324 gggggl American Can 27 -y American Car & Foundry 123 American Hide & Leather pfd 434 American International Carp, ... 12 American Locomotive 11314 Amerb an Smelting & Refg 37 L American Sugar SV H Aun ircun Sumatra Tobacco .. 83 American T si T 1017a American Woolen 62 Anaconda Copper .. .. 34 Atchlaon 78?a AtL. GUlf & W. indies 404 Baldwin locomotive 874 Baltimore ft Ohio 31 Bethlehem Steel "R" 56 'anadlan Pacific Ill antral Leather 374 H Chandler Motors 714 Chcapeake .S OM,, 57 Chicago Mil & St. Paul 23 Cob-ago R ' Pac 24 4 1 1 . .204 Colorado Fuel A- iron 26 Corn PriKlucto 69 H I'ru. ible Steel 90 4 Cuba Cane Sugar 23 1 Erie 124 uenerai Electric irs ; General Motors. 12 Ooodrleh Co 36 H Oreat Nerihcrn pfd 704 ! ireat Northern Ore Ctfs 304 Illinois Central 88 Inspiration Copper 31 Int Mer Marine pfd 484 International Paper 53 Kannecott Copper 16 H IjOUlevllle A- Nashville . 98 Maxwell Motor TiB Meghan Petroleum 154?4 L Miami Copper I64 Middle States Oil ex dlv 124 Mldvale steel 29 Missouri Pacific 17 LH New York Central 68 H N 1 . N II and Hartford 164 Norfolk ft Western 95 Northern Pacific 76 Oklahoma Pr -I ft Ret 3 Pan American Petroleum 72 Pennsvlvnnln 36 LH People's Has 384 Pittsburg and Weal va 364 H Lav Coiisolldatcd C-viht 11 Reading 7D4 P.. ,,. Iron A Steel 64 4 Itoynl Dutch. N. V 63 s ell Trad A: Trail" 404 Sinclair Con oil 214 lout hern Paolflc 72 Southern Railway 30 Standard Oil ol N .1 pf.i 107 I Studebaker Corporation 60 I Tenn-snce Copper 7-n 1 Texas Co 40?a Texas & Pacific 204 Tobacco lYislucts 61 Transcontinental OH 74 I Union Pacific HT P S Food Products 214 I I S. Retail Stores 61 It. S. Ind. Alcohol 67 I United Btatca Bui her , 66TS I United States Steel 79 1 Utah Copper ti i Westlnghouae Electric 46 Willys OVerland T i American 7.lnc, Lead and Sin 8 Butte and Superior 11 I'ala. Petroleum 384 Montana Power 52 Shattuck Arizona 6 ' Pure Oil ir Invincible Oil 17 Uenerai Asphalt 53 KANSAS CITY LIVESTOCK. KANSAS CITY. Mo . March 10 (Unit- ed States Bureau of Markets )-Cattle K li'ts 8000; beef steers and fat she- atock steady to 25c higher; tun j earllngs jio.00; beat heavy steers 19. 06; Colorado pulpers 39.25 'i 9 80; prime and heavy cows 38.00. choice heifers js 60; calves strong. good and . hob ,, vcalcrs $9 50 L 10.60. can-ners, can-ners, bulls and Mockers and feeders dull. 1050-pound Texas fee.lrin JB 10. Hogs Ri el 1000; market ;cady to 15c higher: bulk 16G pound ohgs to ship-pars ship-pars JlO 90. hulk of sab s J10.00 to 10. SO; plgg and jacklng sows steady. Sheep Receipts 5000. sheep ar.d Iambs uvs-K 2Sc higher, eyes 16 60; S3-pound lambs JlO. 35. MONEY AND EXCHANGE. NEW Yoi'.K Mareh io Prime mer-cantlle mer-cantlle paper 74-77 ir cent. Exchange --'r -ng Sterling Demand 33.90; cables 33 -914 Francs: Demand " 15c. cables 7 17c. Belgian francs: Demand 7 46c, cables ; p.' Uullders: Demand 4..0c, cables 34 40c. Lire Demand 3 r.sc. cables 3.70c Marks: Demand 1 S.tv; cables 1.69c. Greece: Demand 7, 55c. Argetnlne: Demand 34 62c. Brazilian Demand 15 J6c. Mnn'roal :2 per snl discount. Time loana steady. 60 days, 90 days and slv months i",4 Q 7 i er cent. OMAHA LIVESTOCK. OMAHA, Neb.. March 10 I United States Bureau of Markets ) Hogs Re- ceijiis 16,000; market moatb steady to i Igher: bull medium and light butch-j butch-j ers JlO OO'dlO 10; top JlO 50; bulk atron-c-I weight and packing grades $9. 60429.90. Cattle rt rOO; b.-ef stoers and i butcher stock steady to 16c lower; spots 25c lower, fop beef -leers J9.90; veal, ' eti--kcrs and feeders generally steady gherp Receipt :'000. shnen and lambs strung to 85' higher. S0-pound Mexicans JlO Mi ewes 00; feeder supply limited. I market mostly steady. SUOAR MARKET. NEW YoP.K March 10 Raw sugar steadv at 6c f . -r (" d-a cost and frelriht. equal to 6.02c for centrifugal Sales of :nn bags of San D'-mlngo were report-ed report-ed at tho name price as prevails for Cu- There was another advance of c per pound on hard grades of refined sugar by one of the local refiners, with prac-tlcally prac-tlcally all refiners now In the market ., itlng I cents for fine granulated. Soft grades, however are still obtainable on the baalH of 7.75c. Futures were steadier and prices at mldda rere 2 lo 5 points higher on co - CASH SALES CHICAGO, March 10. Wheat No. 2 red M It Mq 1 hart 31 71'iJM 73 Corn No 3 mixed 634 64c; No. 2 ycl-low ycl-low 70c. iials No 2 white 43Si464c; No. 3 white 44'u444c Use nor,.- Barley 7Pu'80r. Timothy seed 33.7605.86. i lover seed il l On'" 1 S 00 Pork nominal. H Lard 111.72 lliba 311 266 12. 26. |