Evening star., 1918-07-20
Grain, Produce,
Cotton Markets.
LIVE STOCK MARKETS.


Weekly review of live stock and
meat trade conditions hero for week
ending July 10 by the United states
bureau of markets:
With lighter receipts OF all kinds
except veal, conditions have improved
considerably over the past two weeks
Trading has never been very brisk.
but there has been better feeling
and healthier tone to the market
Beef-Receipts. although a little
less than last week. have been more
than the trade would absorb easily,
The few good steers and COWS offered
sold readily at strong prices. but the
bulk of the offerings were Of the com
fmon and medium grades and sold at
very low prices.
with about three times the normal
amount of western dressed veal re-
ceived. the market has been very
weak and draggy. Good light calves
brought 2soo. but heavy sides sold
as low as 1900.
Receipts of pork have been moder-
ate and the market Arm to shade
lower under a fair to good demand.
With only about three-fourths as
many lamb receipts this week as last
and the bulk of these of the poorer
grades. the market has been uneven
and prices show wide range. Good
and choice lambs have been in good
demand.
A little common mutton was offered
at the close and sold slowly at $500
a20.06.
On account Of heavy receipts today.
some beef will be carried over. The
market is closing weak with a strong
effort being made to clean up all
stocks unloaded early today. Veal Is
cleaning up slowly at weak prices.
Pork is all sold. Lambs are cleaning
up well at strong prices on the better
grades and weak prices on the lower
grades
COTTON MARKETS.
NEW YORK. July 2o.-There ap-
peared to be more southern selling or
ders in the cotton market here today
and after opening steady at unchanged
prices to an advance of 10 points.
prices broke quite sharply. Wall
street was an active seller on the
break and stop orders were uncovered
sending October OF to $500, or about
41 to IS points net lower. Nervous
ness was probably increased by a pos
sibiiity that the sinking of the San
Diego had been the work of sub
marine and confusing reports from
Washington as to price-fxing pro-
posals. There was a good deal Of COW
ering on the decline, however. and
prices rallied several points from the
lowest before the end of the first hour.
Futures opened steady; July. 2s.70;
' October, 25.45; December, PATS; Janu-
ary. 24.63.
Futures closed steady. July. 2s.5o;
October, 1927; December, 24.59; Janu-
AIRY, 24.40: March, 24.32.
Spot cotton quiet; middling. $3.50.
NEW ORLEANS. July 20.-Prices
were 1 to 6 points higher on the OPEN
ing call in cotton today, but soon after
the market slumped on week end
evening up from the long side. At
the end of the first half hour of trad
ing prices were "a to 81 points under
the close of YESTERDAY
Futures opened steady: July. $3.50,
October, 24.38; December. 1a-74: jan
uary. 23.64; March. 2a.58.
Spot cotton quiet and unchanged.
Low middling; $500; mtddling. 1s.76;
good middling. 31.75.
The stand taken by southern con-
gressmen against price fixing of cot
ton gave the market underlying
Toward the close the net decline was
reduced to 10 to IL points.
Futures closed steady at decline
27.so; October. 24,15; December, $3.50;
January. 23.52; March, 2a45.
BAR SILVER QUOTATIONS..
NEW YORK. July zo.-Bar silver
was quoted at $3.50 per ounce here
LONDON. July so-Bar silver. u
13-16d ped ounce. Money. 2H per can't.
Discount rates-Short and three
month bills. 317-as per cent.
NEW YORK BANK STATEMENT.
NEW YORK, July 20.-The actual
condition of clearing house banks
and trust companies for the week
shows that they hold $74.406, $50 re-
serves in excess of legal require-
ments. This is an increase of 31s,-
144.150 from last week.