The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1919-07-31
THE MARKETS
DAILY RANGE OF PRICES.
CHICAGO, July 81
Omen. High. Low. Close
Chicago Cash Grain.

Chicago Cash Grain.
CHICAGO, July 31.-Wheat--No. l
red, s2,261a; No. 2 red. s223@2.24;
No. 8 red. $2.2042.21; No. 2 hard,
$2.25h@227; No. hard, $2.20h@
2.22; No spring. s2.40.
Corn-No. i yellow, s2.0o; No. 2
yellow, s2O0@2.02; No. 6 yellow,
1895; No. white. s2.09; No white
sG.0S@2.09; No. white, $204@2.oS;
No. white, s1.97; No. / mixed,
$500; No. . mixed, s1.99Q200; No.
4 mixed. s1.971s: No. mixed, $1.s6
@1.97.
Oats-No. white. 77h9S1c; No.
4 white. 76k8s0c.
Peoria Grain.
PEORIA, ILL.,, July 31.-Corn-Mar-
ket steady. No. mixed, S2,06; No. 6
mixed, $1.97.
oats-Market " to tc higher. No.
white. 7s1ac; No. white. 7S1sc;
No. white, 77hc.
New York Money Market.
NEW YORK, July 31.-Money on
call, 8 per cent; six months. per
cent.
Mercantile paper. 5A@5h per
cent.
Bar silver, London, b5 s-16 d; New
York, $1.07h.
Demand sterling, $4357a.
Stock Market Notes.
UNITED Press Leased Wire Service.1
NEW YORK, July 31-Irregular
price changes took place at the stock
market opening today. A weak tone
was underlying. Trading was brisk.
United States Steel opened at Ill, up
Y: Central Leather 113h, up VI;
Royal Dutch, New York, 94A, off rs:
Southern Pacific 1854, off rs; Texas
Company 264, off /; New Haven 1915
I'D "; Mexican Petroleum 1914, up
liz: Studebaker 1885. off Is; Marine
81 off IL.
A stronger tone entered the trading
shortly after the opening with the re-
suit that United Retail Stores touched
1904, up IL and United Cigar Stores
advanced to 219A, new high record
This was the result of reports stating
the two companies would be combined.
Oils showed strong, with Mexican Pc
troleum registering an advance OF 100.
The stock exchange will be again
closed Saturday, 1t was announced
today, to give clerks chance to do
work accommodating in the heavy trad
Ing.
Oil stocks continued their strength
after noon. Mexican Petroleum got to
1921 an advance OF AZ on the move
ment Royal Dutch of New York ad-
vanced to 961s.
The market closed weak
Heavy calling Of loans by banking
houses led to sharp selling movement
in the last hour and final dealings
saw some Of the lowest prices In re-
cent months. United States Steel
closed at 1O9h, off tx; Cruc1ble at
1891. off 31a; Bethlehem B at 81. off
4; Baldwin 110%, off 3A; Mexican Pc
troleum 1879, up rs; Retail Stores
1O6, off 2; Cigar Stores at 2121e, of
21h: Marine at so, off Us New Haven
at 37A, off "a, and Studebaker 108, off
2h.
Daily Stock Letter.
UNITED Press Leased Wire Service.1
NEW YORK, July 31.-T'he New
York Evening Suns financial review
today says:
Stiffening money rates due to gener-
al calling Of loans caused depression
III LOudy 3 SlOth hCIy diIiioooh
there was considerable strength in
spots and consistent resistance to pres
sure everywhere in the first three
hours of the session. In mid-after-
noon the reactionary movement as
sumed a more positive aspect and
there we're numerous declines of one
to three points.
The opening of the market was ir-
regular and it was quickly demon
strated that the professional elements
had full control of trading. The oil,
food. leather and certain other spe-
cialty shares were pushed forward
with considerable vigor through the
forenoon. The standard shares held
well in that interval but they were ne
elected and sluggish in consequence.
The selling movement was acceler-
ated in the late afternoon. Steel drop
ped below 100 and Bethlehem Steel
below 95. Such was the tendency
throughout the industrial and railroad
list
Call loans renewed at six and six
and a half percent. In the middle OF
the day the industrial rate moved up
to percent and later and II percent
respectively were quoted. At the
close both classes of loans went as
high as Is percent Time funds con-
tinued nominal at six percent bid and
Z percent offered.
Come Easy Go Easy.