davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1916-01-26
The Momentous Meeting.

In the Street before the meeting the
theory was generally accepted that the
Steel board the most important IN the
country. because Of the large and va
ried interests represented In it-real-
ized that il had more 20 do than mere
lv to calculate what distribution or its
earnings d particular corporation could
afford 10 make 20 its stockholders
There were some persons who thought
that IL might be swayed by political
but they were few, the
comDosition Of the directorate mill
tatine against that idea. There were
others who believed that the directors
would have an eve 70 tho great senti-
mental effect OF the meetings. out
come; and they were many. 1t was es-
scntial, they argued, In time OF un-
certainty such as this was tby reason
of the inability Of any TO know when
tho war was going TO end and what
would follow it), that investors should
have confidence instilled in them. II
there was no other reason for inspir-
ing them now, there was the necessity
Of taking care Of European liquidation
Of our securities. Distribution of Eu-
rone's offerings Of americans" has
been slow; too many of them hTe
stuck in bank vaults es collateral for
loans. Liquidation has so far outrun
irvestment assimilation that the chan
reIs Of distribution are temporarily
conoested. To stimulate investment
buving would be only 70 help the coun..
try benefit by what fnanciars have al!
along described as our greatest oppor-
tunitv. Wherefore, ran the argument,
.ba Steel board would declare a divi-
dend, and a good one.
New-York tribune., 1916-01-26
Vote Was Unanimous.

Judge Gary denied after the meeting
that there had been any lack of har-
mony in the Steel board "at any time
over any matter" The denial was COM
prehensiye enough, but 1t is no impu-
tation on the chairman's veracity to re-
peat the report that there had been a
difference of opinion about the declara-
ton. Rumor said that Judge Gary
himself had been opposed TO a divi-
dcnd at this time. In the brief state
ment that accompanied the earnings
report 1t was said: The members of
tho finance committee and Of the
board of directors we're all In favor OF
the declaration Of the IA per cent on
the common stock" 1t frequently hap
pens in other meetings-dividend meet
ings as well as political conventions
that a motion TO make a vote unani-
nous is gracefully offered by one of
the minority. And unanimous it Is.
Differences of opinion do not necessa-
rily mean a lack of harmony; II is
only when they can't be reconciled
through discussion that they are any
thing but desirable.
New-York tribune., 1916-01-26
COTTON DECLINE
DRAWS FOREIGNERS
Liverpool, Continent and Jap.
anese Buyers Active After
Early Market Rallies.

The cotton market rallied after an
early decline yesterday, but the I'm
provement was not fully maintained.
and the close was barely steady at a
net loss of TO points.
There seemed to be renewal Of
Mondays selling movement at the
opening, and after starting at net loss
Of 2 TO points active months sold
about TO 10 points net lower. In ad-
dition to the offerings OF Wall Street
and local sources Liverpool had few
selling orders here at first. but on the
decline, which reached new low ground
for the movement, Liverpool became a
considerable buyer There was also
some buying on d scale down by houses
with Continental and japanese connec-
tions, while 1t was reported that do
mestic trade interests had buying or
ders around the ring 10 fix prices for
spinners. This checked the selling
movement and there was considerable
covering or home buying for n reac-
tion as prices steadied. on which dur
ing the afternoon the active months
sold back to practically Mondays clos
ing figures.
Reports OF steady Southern spot
markets helped the advance, but failed
to inspire any important demand. and
as the buying tapered off the market
reacted in the late trading under re-
newed offerings from Wall Street or
other local sources. Closing prices
showed reactions Of 8 or points from
the best.
Reports Of an easier ocean tonnage
situation In the Argentine and Austria
liam grain trade also were heard, but
no change was reported in cotton rates.
The general scarcity of vessels was en-
phasized by reports that the Dutch gov
ernment intended to introduce a meas
ure allowing Dutch vessels 10 load only
for neutral ports and prohibiting the
sale of Dutch ships TO foreigners. Pri-
vate cables reported Continental buy
ing of new crops, which were relatively
steady IN the English market The
purchases By Liverpool houses here
during the morning were estimated at
about $1,000 bales.
Many private advices from the South
on the spot situation said that holders
were firm and that offerings were with
drawn on declines Generally speaking,
these reports indicated a light demand,
and 10 was said In local spot circles that
the present buying was chiefly confined
TO the low grades. Southern spot mar
kets, as officially reported. were un-
changed 10 l3 points lower. declines
being reported at New Orleans. Au-
gusta and Galveston.
Range OF prlce5i
New-York tribune., 1916-01-26
Belated Expectations Are
Realized In Steel's
Dividend Action.
BOARD NOT FORCED
TO SHOW IT'S HAND
Earnings SO Large That S Per
Cent Declaration Is Practl-
cally Automatic.

Within half an hour after the Steel
dividend news was out they were bid
ding S5i2 for the stock in the put n
call crowd in New Street 1t cannot
be said, however, that much. IL any,
Steel changed hands at that price,
though the close on the exchange had
been point lower. and though, too,
there was report that Chicago was
bidding Sc. Notwithstanding the un-
certainty OF the last week. and even
of Monday, there was a pretty general
opinion on the exchange during yes
terday's session that the per cent
rate would be named In the directors
meeting after the close. How much the
slight remaining doubt was reflected
by the market prico Of the stock at
the close can only be guessed. In
some Of the brokerage houses late yes
terday afternoon, however, the dispo-
eition was TO take the dividend as very
much for granted.
New-York tribune., 1916-01-26

the market had little room for tho days
actual developments. And so II hap.
pened that such important railroad
earnings as those Of the Northern Pa
chc. the Union Pacific and the Atchi-
son got less than their due. So many
records aro being broken In Industry
now that tho expulsion Of long stand
ing figures from their proud places gets
little imaginative reaction. The rail
road statements published yesterday
for general purposes simply added one
more TO the cloud of witnesses risen up
TO prove tho thoroughgoing prosperity
Of the country But it might bo added
that Atchison's gross (for December)
increased sl,70l ,5b2. and its net sl,il5.-
$50. though the net gain for the whole
six months ended with December was
only $l.s23,G9l greater. Union Pacific
gained Sl.S6S.377 gross and Sl.~5,A34
net. Northern Pacifc's gain in gross
was s2.029, 900, and its gain in net was
81 f,305, 900.
New-York tribune., 1916-01-26
Deterioration of Mark
Threatens Germany with
Gold Expectation.
DAILY COST OF WAR
EXCEEDS $25,OO0,O0G
Section OF Tory Party Plans
Stampede Of Cabinet Into
High Protection.
BY FRANCIS w. HIRSr.
Editor "The Economist" London.

tBy apsdL Cable to Ths Tribunal
London, Jan. 25-We hope new
loan may be deferred. but the last
one came very suddenly. The grow
ing demand for Exchequer bonds
and Treasury bills, however, is en-
couraging. II also reduces money
supplies and forces borrowers into
the Bank Of England; hence the firm
ness Of rates.
The Stock Exchange is dull. but
the French loan is at five premium.
German exchange still deteriorates
and large gold exports may become
necessary. The yellow press here
still ignores this feature in its stupid
flare articles about the blockade.
understand the daily cost Of the
war Is now about f5,200,00O, and
likely to rise in April to f6,O00,000,
as stated in the House Of Commons
by Major Collins.
The same violent section Of the
Tory party which supported Austen
Chamberlain, having secured a lin
tied measure of military compulsion,
is now turning all its energies to
tariff reform. Lord Miner. at Leeds
yesterday sought to popularize a
British Empire tariff by associating
it with food supplies. A great at
tempt will be made now TO stampede
the Cabinet into high protection.
The shipping shortage probably
may be met by supervision Of car
goes, which practically means pro-
hibition Of bulky luxury imports.
The Northcliffe and Morning
Post" blockade statistics are perish
ing from exposure to cold air, and it
will be interesting TO see how Sir
Edward Grey and Lord Robert Cecil
will temper their more scientific pol
Icy TO this now exhausted attack.
New-York tribune., 1916-01-26
BRIEF WALL STREET NEWS.

william Solomon & Co. are offering
the unsold portion Of the new issue OF
SIS 900. 900 convertible 7 per cent cumu-
lative preferred stock OF the WHY'S
Overland Company at 1862 and ac-
crued dividend. More than three
fourths of the issue has already been
sold.
Samuel r. Wagner yesterday was
elected a director Of the New YORK
short Line Railroad Company, Read
inc subsidiary, succeeding the late Sam
uel Dickson.
Stockholders Of the American Coal
Products Company yesterday voted 70
change the name OF the company 10
the Rarrett Company.
Henry =. Howe yesterday was elected
q director of the Pacific NILS, follow
inc the resignation of c. 7. Baker.
william G. McAdoo was a visitor az
the Sub-Treasury yesterday on depart
mental affairs.
New-York tribune., 1916-01-26
20 PROVISIONS.
COFFEE.

Coffee experienced further upturn. prices
closing with net gains OF 10 TO y points
Total sales for the day were $4,000 bags.
The advance was attributed TO the freight
situation and evidences OF growing scar
city of ocean tonnage for the transportation
of coffee There were very few cost and
freight offers received here. due. it was said.
TO a scarcity of freight room, and 1t was
rumored that Brazilian shippers had asked
some of their New York correspondents To
try TO arrange for tonnage here. In the
cost and freight market. however, a bid of
s.4Oc for Santos 5s. regular shipment, was
accepted for small quantity and there was
also a sals reported of about 1000 bags Of
well described Santos 4s at 9.05c, shipment
within sixty days. and there was another
offer here Of Santos 4s at 9.lOc. all London
credits The firmer tone to the market re-
suited I'm a little better spot demand, and
spot prices were firmer. with Rio 7s quoted
at sisc. Range OF prices;
New-York tribune., 1916-01-26
pITTSBUKGH STOCKS.
MONEY AND EXCHANGE.

FEDERAL RESERVE DISCOUNT RATE.-Foi
paper maturing iu Ten days Or 4ess, 8 per cti'' W
" "CATL MONEY opened a, i. per cent; highest. 2
per cent. lowest q pcr cent? closing "a per cent
'rHfE MoNTY was steady. Rates. a'4g2E per
rent fyr sixty days 80 per cent fpr ninety GAYS.
s4.6s per cent for four months and per cent FOR
I'VE u'sS,SIrA sr ASTuE PAPER was quiet Ruli1s rate
psr ccal for best names; Da.4k acceptance. 4@-s
pef ,'SSNtRrxG HOUSE TRANSACTIONS. -- IL
chefres. S5el c95.f53. balances, t-6.ti sol TIE
SUB Treasury was debtor 20 The amount oi >t'' ~
Treasury S3.66s 900. Lnd Lost since Friday $5ey2'-
'TEDrRAL RESERVE DISCOUNT RATS Else,
WHY'RE Boston. for ten dNs. 8 li 1,i,t ~
q, ti.lrry ds,s 3fs uD 90 ninety days. q lAiaH-i-
,ti, and per cent, Cleveland. iof yen NNa' .
s~r cent. uD % Sky days, 1 shy 10 ,'.S w.. M
Atlanta. up % ninety days. per cent 'I-,es'' iIt
itn days 81 per cent up 70 sAS ga. - Mn
l'".y 49, srf a., Per cent; Kansas tfi. Tor Nn
.ep 5iL per cent up 20 ninety DAYS = l--as
9eI S-I cent San francisco. for Yen day. .T ,e y
ibiry DAYS. 3is. thirty " shlJ o-5'' = 'lAS "
uiIsoy, Insoy,fTTsTic TTic TxCHANGEsa san F[spe..oo 50,
L'',,,,, chicago zoe discount. New orleans. sSAt
i,Doprt. brokers' SOC premium S. LOUIS %
S,s,o,,rt bid Ec discount asked .,-. q,
e'DxNK CIFARINGs. .-Bs luaore-iIchs, chsnses. ~
.e.'ss99SS ,os balance. s. $500 Cnicas2r - r
s6anses' s626sj 4lOi balances SS9.-.s.'' ss5.
Sy 9Ii 81 Ioui~E1cAAnsos. N'.29l.'O0' o@''4'''
Hs1-y.R2R ssiI-yRR MAmIEr-Rsr silver g. Iqodon S
27,.d' iss Mexican silver dollars. a.. @i'e
d ,.nS,ortcS yXCIANGE Sterling "a' ~ ~o
snd without feature CaD.e .'., a,' "a -ei Pals
doa-oso. .sia cbeek 5s67. Berlin able .i7. /.
S.n.s' ;. Itay-cabie 90. cheese .' S'ee'S se'S
|ca'ie i9to: so6 o6''a ab,al,fs )-shy G1.. ~.
ttns,. dAys 40.
New-York tribune., 1916-01-26
No Disclosure of Opinion.

IF there could have been disappoint-
r,ent over the outcome Of the meeting
il was because circumstances had not
forced the board to disclose It's hand.
4 declaration at the rate Of 5 per cent
was practically automatic, with earn
irgs running beyond the expectations
Of even the most confident; For the
directors to name a dividend rate that
bod come to be regarded, despite reduc-
Hons tor and suspensions. as the regular
one. was no great exercise Of Judgment,
no confession Of faith in the future. 1t
Inight well be assumed, under such cir
cumstances, that the future was safe
~ take care of itself for a while. AT
least so IL seemed TO those who were
irving TO find a connection between the
famo9s Gary statement Of few weeks
AGO and Yesterdays action.
New-York tribune., 1916-01-26
RAILROAD EARNINGS.

The following comparative railroad
reports for December have been made
public:
r,n,oo Psct,-Gross. sssio.o7s; incre1e ss.-
s-T, mex after taxes s3lTi.05T, Increase slol''-
t5i e, u n.0s. fii lna .
iST. increasa .l7ol .552l net after tsIes. HVSA'-
400. Increase. .i.llj.563.
Northern Pacino-Grss te1osoeoi ihcrne
o2s zoe; net after taIes. s3.iI.oeoI Increase
81 rs. 400.
New-York tribune., 1916-01-26
PRODUCE AND
GRAIN PRICES
Export Demand Advances
Wheat TO New High Rec
ords-COrn Is Firm.
New York, January 25, 1915.
WHEAT

Wheat gave renewed evidences OF inherent
strength, and, while early In tho day there
was setback Of 'sWlisc under seliing IN
anticipation Of reaction and influenced 1y
an easier tone abroad. offers we're eagerly
taken and prices advanced rapidly % new
high records. The close was strong al only
slightly below the highest, with net gains OF
Exporters we're active buyers. and sales
were estimated at about 100000 busheis
cash wheat. while exporters were also pc
lieyed 10 have been buyers Of futures. Inc
stati.tical position was again rather bearish'
especially Bradstreets worlds visible. "hich
showed a total OF 254.ls4.00O bushels, or
about II 900 900 In excess Of last year. ~,
Receipts were somewhat larger az North
western points, but there was no pressure OF
cash wheat in any position. and with Europe
I'm The market for American wheat cash
prices were very firmly held The export
situation |. more or less confusing. as orders
are not being placed IN the usual way anu
il was feared that increased offers from the
southern hemisphere might influence buyers
abroad. At
There appeared 20 be steady absorbing
demand. however, and while the scarcity OF
ocean tonnage and the difficulties IN trans
narration generally are doubtless chechihy
sales TO some extent, wheat Is being shlpp-i
to Europe steadily. and from an appear
guces the movement i Ikely 10 heeP NF ~
some time TO come. 4
In the cash market No durum was quo,eu
AZ $40: No ! Nor Duluth. s .b5h "A. and no
/ Nor Manitoba, sl.59. o b New YORK
CORN.
Corn was heavy early in the day OWING 70
an easier tone abroad and an inlilereh' SN.
Ssmsnd but later prices rallied with wheat
and at the close were firm. with net gains
OF ismsse. Receipts were eonsideraoly
larger than last week. but stock. are nov nov
accommodating rapidly. Bradstreet' visible
showing an increase OF l.FZ'VvV pSs pus 49, noS
cor,rared with n gain last year OF iSo-'VVV,
Thsre va. a moderate export demand and
sales were reported Of IS loads through bal- l
,imore. In the local spot market 40 : ys.-
low corn was quoted at SIC c I New iofA'
OATS.
..-tw ...iv. n nd
New-York tribune., 1916-01-26

METALS.

Copper was Arm, with electrolytic quoted
at 25AM25Lc for second quarter. On the
New York Metal Exchange tin was steady,
with spot IN fve-ton lots quoted At 4.l2l2c
bid. Lead was Arm. with New York spot
quoted at 6.05c and East 81 Louis 5.e5c. The
American Smelling and Refining Company
quotes lead at 6.l0c FOR New York delivery
and at 6.c2isc East ST Louis delivery. Spell
ter firm New York spot nominal and East
81 Louis spot ls.75c bid. In London tin
closed at size for standard spot and fl19
los for futures. with sales Of 100 tons spot
and 80 tons futures. Copper. standard spot.
col 5s. and futures. 500 los. with sales Of
200 tons spot and 800 tons futures. Electro
lytie spot closed az fl2O Lead. spot, iSl
rs sd. and futures. f3l Is 81. Spelter. spot.
se2, and futures, ESA
New-York tribune., 1916-01-26
CHICAGO PRICES.
FLOUR AND MEAL.

Flour was again strong. with prices higher
10 correspond with the advance in wheat.
but the volume OF business was small, as
buyers seemed determined 70 hold out as long
as possible, and apparently believe that
sooner or later prices will be influenced BY
the statistical position in grain, despite the
apparent inherent strength in the whole
grain. BUCKWHEAT FLOUR-Market dull
A. sg75 per 100 10. RYE FLOUk-firm
fair 10 good. $500 1913 choice TO fancy,
& sOTs5.qS. CORNMEAI.-Steady; kiln
dried. s4.sO. BAGMEAi4-Steady; tine white
and yellow. si.9O: coarse. sl.72. FEED
CITY firm, bran. bulk. $3.50: 100 ID saeks.
s25i heavy middlings. do. s2s; -four mid
dlings, do, s3i.50; red dog tour, li0 10 sacks.
500; Western firm bran, 100 10 saeks. s24
standard middlings, do. $3.50; -four mid
dlings. DO, s29, red dog -four. l4o ID SACKS.
$50. oil meal. Si0I i40.5O
New-York tribune., 1916-01-26
PROVISIONS.

Hog products were moderately active and
nrice changes were feverish. Early in the day
tEers was an upturn owing 10 frmness IN the
hog position. and in sympathy with gram
but the advance again attracted sehhs pfess-
ure and values eased of and closed barely
steady. Receipts Of hogs at Chicago were
as 600 estimated for Wednesday, $4,000
Kansas City received 5000 and Omaha
22 600. PORK-Firm; mess, s20gs2O,bO
family. s22I S2i; short elear. Ns'Sg . 10
pFEF-Steady mess, sl6.50Qsi7i family.
sisTsls.5O; packet. sl7Qsli,50; extra India
r'e,s s27Gs2i.5O. DRESSED HoGs-S,esdyi :
hacons. lOI.e: $50 ID. lOAc; leo 10. loh.c;
lao 10. iOsse; pigs. io7,e; CUT MEATS
Picked bellies steady; 10 d.. l2e u 10.
steady; quoted at Ia. GliAc. TALLow-
Steady; special, &c city. sisc; country. ia
Gse. LARD-steady middle West, slo.5od
si0sO: city lard quiet; quoted at ioA o
ioh.c. Refined lard quie-s Continent li.s0 !
New-York tribune., 1916-01-26

SUGAR FUTURES.

After opening quiet. Q points lower TO
point higher. sugar futures hrmed up
iit,Is az midday on support by Cuban inter-
ests and a little trade buying. and values
advanced a few points above the close Of
last night. But early In the afternoon trad
ing was quiet and the market without spe-
cisl feature. Later in the day Cuban sup
port of May steadied nearby positions and
the market closed steady. point net lower
TO 4 points net higher. with sales for the
day 100 tons. Range Of prices
New-York tribune., 1916-01-26
From Nadir to Zenith.

There have been several years In the
Steel Corporation's history when the
twelvemonth showed bigger earnings,
but none in which the extraordinary
fluctuations Of the iron and steel inaus-
IN the fiscal period, and at It's extremes,
we're recorded both the lowest and the
highest monthly returns that were ever
recorded. There never was such an, an
atber month es January and probably
yever will be again; but though Deem
bcr too holds a record, Il is not likely
20 retain il long From net OF ST.
c9715O in month TO net OF SlH-
677966 within a year is, in the vernacu-
lar, some swing.
New-York tribune., 1916-01-26
Steel Preferred at New High.

Steel preferred sold yesterday at
1885,, its highest price since 1911. and
closed at 118ls. The best price It eyer
touched was 131, reached In 1909, that
famous year when the common STOCK
rose TO 947s.
New-York tribune., 1916-01-26
LIVESTOCK MARKET.
New York. January S5, 1871
BEEyEs.


Receipts. 1857 head. mainly consigned TO
slaughterers No trading IN live cattle. Feel
ing easy. Dressed beef IN moderate demand
at last quotations.
CALVES.
Receipts, 3l5 head: 1854 on sale market
steady common to prime yeals so.d az 500
si3 per 100 10: culls and throwouts. At sTfg
s.. Dressed calves steady city dressed yeais.
laL nl9iac; country dressed, i2l. loi.e.
SHEEP AND LAMBS.
Receipts. 1000 head: | car on sale; mar
ket full steady common 20 fair sheep sold
az S550Hs1 per 100 10 medium 70 fair
lambs. sl0.5oNSll. dressed mutton steady a.
l0Ni2 per 10 dressed lambs firm AZ 40
l1c hog dressed. l. &c country dressed hot
house lambs higher az Sl2dSl3 per carcass.
HOGS.
Receipts. 6.ss0 head half a ear on sale
market higher; light 10 heavy. sl.5og s.
roughs, s6.5oM s6.7S. sttys, IS; country
dressed hogs steady IT SO &C per v.
New-York tribune., 1916-01-26

IIWI0IUU fsssFs lVI-UV "lU"l l-fV-D L-Vf 10
Special Liverpool cahles-Spot cotton, dull T;
sales, 5000 bales speculation and export.
300; American. 1900. Imports. $4,000 /;
American. $4,000. Mid-upland s.l3d. Fut-
ures opened quiet, but steady. unchanged to
1, point higher closed steady 8i3 lower TO
Il point higher. Jan-Feb. 7.s9iad; Mar
Apr. 7s3ihd; Msy-June, 7.76d July-Aug
7. 6sdi Oct-Nov, 7.57d. Manchester-Yarns.
quiet and unchanged: cloths. the higher
prices asked checked business.
New-York tribune., 1916-01-26
COTTONSEED OIL.

Some new high records for the season were
established in the eottonseed oil market yes
,srdsv and al the close Of the day values
were 20 is points net higher. Range OF
prices -
New-York tribune., 1916-01-26

South America. Il.75; Brazil. kegs, y. Sc.
Compound steady; quoted at l0i. .NiOl2c
steady; oleo. l0glohc. City
lard stearine. NE.
New-York tribune., 1916-01-26
FINANCIAL MEETINGS.
"I NUMERICAL TRUST COMPANY
H.. OF NEM YORK

B,a,1 OF NEW YORK.
and Forty-rrst Street New YORK
uu January 25th, 1916.
~, a. Annual Meeting of the Stockhold-
llt :, WIS Company held January lsth'
% ,.,s-' ,-' following were elected Directors
Krls,s uni! 1919. G. J Baumann. a. L.
sriwseI John T. Calvin. Livingston j.
b,ow, inspectors of Election J. HOmaine
,sns Ue"lu C. Flanagan, Truman Par
u III h. a sussequent Meeting OF the Board
h wois he-d on January 25th. 1915:
e. ] Es.Ie was reelected President. ana
"e1Mann Nice-president
- j. @. HENEKICH. Secretary.
rS.VIlCE or ANNUAL MEETING
u tb. nnheal meeting Of tho stockholders
tany Dhnop Calculating Recorder Com
lfsrssc,i tne election Of Directors and tho
nonsi'oh Of such other business as may
he'd A. soMe before tho meeting. VIII be
had ,Ae once Of the Company. No. 233
eeloeL s. Manhattan. New York. at IL
rpp ION. -o'h. on Monday. February T. 1915.
AeiS,NsN rAL MEETING or THE STOCK
eiests oVgi The Mcclure Newspaper Syn
eor,s."4 VII. Pc held az the OFFICES of the
Nsnbs,,, lzJ West 81 Street, Borough Ot
fork ~, W. state. county and city Of New
.e.oek "tahesday. February O. az eleven
ior the m "a m Tor tEs election of directors
u sucb o,tt.ng year and for the transaction
~ meeting 40 ''"' 'oi''0 0''0''
p C. EAsTMENT. Secretary.
New-York tribune., 1916-01-26

price, were frmer on reports Of export sale.
Of about 400. 900 bushels and In absence OF
heavy selling pressure from the country.
Bradstreet's visible decreased $4,000 bushels
compared with a decrease OF 249 COO last year.
The local cash market was firm; No white
quoted al b6M56l5c; No 4 white, 55d55 1ac !;
fancy clipped white, 5sm6Oc; ordinary
clipped white, 56d i2c; all elevator.