The Birmingham age-herald., 1917-01-27
Bonds
Mercantile Paper

Mercantile Paper
 New York, January 26.-Mercantile paper, S@3A per cent Sterling, eo- day bills, $4.72A; commercial, so-day bles, $4.76 7-16. Francs demand, $584A; day bills, $4.72; demand, $475M; ca bles, $4.76 7-16. Francs, demand, 5.S4M, cables, S5.S2ss. Marks, demand, 6S%; cables, 69. Kronen, demand 11h; ca- bles, 11A. Builders, demand, 4o%; ca bles, Al. Lires demand TIP; cables, I710. Rubles. demand, 2S 9-16; cables, 2S 11-16. Bar silver, TIC; Mexican dol lars, 591ac. Government bonds steady; railroad bonds irregular. Time loans easy; 60 and 90 days, 21a @2A per cent; six months, 3@3A per cent. Call money steady; high, 2 per cent; low, 1st per cent; ruling rate, IA per cent; last loan, per cent; closing bid, 14 per cent; offered at 2 per cent Naval Stores Savannah, January 26.-Turpentine firm. 51c; sales, 25; receipts, 53; ship ments, 541; stock, HITS. Resin firm; sales, 969; receipts, 6S3; shipments, 1462; stock, 77,567. Quote: A, B, c, D, E, F, $6.05; H, I, K, $6.20; M. s6S5; N, $66o; VIC, $6.70; wv, $7.oo. Coffee Market 1 New York, January 26-The market for coffee futures was less active today, and prices fluctuated within arrange of or points, The opening was steady at an advance of points and there may have been a few scattered purchases on a more optimistic view of peace prospects No important demand developed, however, and the market later sagged off under further realizing or liquidation, with July selling down from 8.63c to S.6Oc. The close was unchanged to 4 points lower. Sales were estimated at 11,75o. January, SSSc; February, 8.39c; March, 843c; April, S.47c; May. S.5lc; June, S55c; July, S.60c; August, S.64c; September S.67c; October, S.71c; No vember, S.76c; December, S.S0c. Spot coffee dull; Rio IS, 10c; Santos As, 10ssc
 Cost and freight offers were about un- changed, with comparatively none re- ceived. Offer of Santos 3s and As was re- ported here at 10.55c, prompt shipment, London credits, neutral steamer Busi- ness in the cost and freight market is said to be restricted by the fact that firm offers are above parity with spot quotations.
 The official cables reported no change in the primary markets. Rio cleared 1000 for New York. Brazilian port receipts, zHWV; Junulahy, I3,00O.
 Sugar Market
 New York, January 26-There were no changes in raw sugar prices today, as far as Cuban grades were concerned, but Porto Ricos continued to decline, with sales of 5000 bags reported for prompt shipment at equal to 4.75c for centrifugal, with more available at the same price. The spread of the strike to another re- finery had an unsettling effect, and 1t was said that some sugar was being put in store, as the refiners could not han dle it. The market closed at 3Hc for Cu- bas, cost and freight, equal to 489c for centrifugal. and 402c for molasses
 The market for refined sugar was un- changed at 6.75c for fine granulated, with trading mostly in the way of withdraw als on old contract. New business was light, with buyers inclined to hold off and await some adjustment in values, but with the strike on at two of the leading refineries it was said that some refiners were unable to make delivery.
 Futures were steadier early on cover ing, with prices at one time 2 to points net higher, but further labor difficulties and the unsettled feeling in raws caused a partial setback at the close, with final prices unchanged to points net higher January sold from 412c to Aloe, closing 4.10c; March, 3.91c to 3sSc. closing 3SSc; May, 3.92c to 3.S9c, closing 3.S9c: July 3.95c to S.93c. closing 3.95c.
 Live Stock
 Kansas City, January 26-Hogs: Re- ceipts, 4000; market higher. Bulk s11 15M n.55; heavy, s11. 55G11 65; packers and butchers, $11 35@11 .G0 light, $1O. .900p11. 40; pigs, $9G10. 4O
 Cattle: Receipts, 600; market strong. Prime fed steers. s11@@11 .60 dressed beef steers, sS. 5o@10 90; southern steers, $7d9.50; cows. $5.50@9. 50; heifers, $7@11 stockers, s6. 75@10 bulls. s6. .5OGS.5O calves, $@l2.
 Sheep Receipts, 5000; market higher. Lambs, SIS. .75G014. 25 yearlings, $11 750 12 .50; wethers $10@10.50; ewes. $9. .50Dl0 30.
 Chicago, January 26-Hogs: Receipts, B, ,000 marlSt weak. 10c under yesterdays average. Bulk, 1130@11 .55; light. $11 O5QD 11.55; mixed $l1.10@11. 65; heavy, $11. .15@ 11.70 rough, Il. .15Q11. 30; pigs, 9.151l0. 50.
 Cattle: Receipts, 5000; market steady. Native beef cattle, T.75@11 90: western steers. T.75@10. 80; stockers and feeders. s6d9 cows and heifers. s5@10.25; calves, $11@15.
 Sheep: Receipts. 1000; market strong. Wethers, s975@11 .25; ewes. $7. .5O@10. 10; lambs, s11. .75914.s5.
 St Louis, January 26-Hogs: Receipts, IL 90O market lowr Lights, $11 .2O0111 65: pigs, $9. .25@10.74; .raiSed and butchers, s11 .seQ11 80; good heavy, $l1 .7o01l 80; bulk. $11 .50@11. 75.
 Native beef steers. s7 .50G11 50: yearling steers and heifers. SS50Q11 .50 cows, S5. 800 1 O EA