Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-05-27
MARKET NEWS
NEW YORK.
STOCKS.

New York, May 27:-After a fea-
opening demands for oils and
turned the stock markets
upward. ..M r
American Wooden retrieved. its car
ly loss before the end of the first
hour. Pools became active in motor
s~pecialties, also food. chemical and
issues. Bosch Magnetic rose
s points, National Aniline 41-2: Bar
rett 3 1-2 and Food Products 8: In
ternatiOnal Paper also making a sub
advance. Mexican petroleum
was strongest of the oils and Amer
lean car rose with Baldwin locomo-
tive. Before noon rails began to pick
up, Southern Pacific, Reading and
mode Impressive response to extern
sivo buying at extreme gains of I to
almost 2 points. Call money was un-
changed at s per cent.
Announcement of gold imports
from the far east slim ulated further
activity at midday but trading cen
tered largely in specialties. Prominent
features included "Crucible. Atlantic
Gulf, Worthington pump and Hide
points gain, while SOUTH Porto Rico
sugar rose Is points.
The Only noteworthy feature at the
irregular opening Of today's stock
market "a a two point decline in
WOODEN. This was attribut-
ed to selling resulting from the in
dictments returned against that COM
pany and its officials here yesterday.
Elsewhere price\ changes were mainly
higher. especially among representa-
tive oils, equipments and. steels, but
the cheaper oils continued to sag.
Rails, including grangers, were mod
erately lower, although crop reports
from such important states as Kan
sas and Iowa were very encouraging.
Trading dwindled later. leaders cas-
ing on realizing sales. Corp products
and food products were the only ex-
ceptions. adding to previous gains. The
close was irregular.
n. y PRODUCE.
New York, May 27.-Butter unset
tied: receipts 9.483 tubs: creamery
higher than extras SO 1-2 to so; ex-
ira coz score) SO; firsts (s8 TO 81
score) IS to So. az
Eggs irregular; receipts 45,1s2
cases; storage packed extra firsts
45 IL to 46 1-2: ditto firsts 4s 1-2 to
to A Is; ditto firsts IL to ~ IL.
Cheese irregular; receipts 1928
boxes; state whole milk flats held
white and colored specials 81 to 80;
ditto average run 80; state whole
milk flats, current make. white and
colored specials 281-2 to 20; ditto
average u ~ to ,2S.
Poultry alive irregular; express
broilers SO to so; freight ditto, 70 t.
LIBERTY BONDS.
New York, May 27-Prices at 1l:55
a. m. today were: s1-2s. $50;
first As, $40; second As. 1910; first
4 Las, $3.50; second Alas, $3.50;
third Alas, 1852: fourth 414s,
$500: Victory 3-4s, 1856; Victory
4 3-4s, 1886.
MONEY.
New York. May 27.-Mercantile pa
per z 1-2. Exchange irregular. Sterling
sixty day bills 1856 1-2; francs demand
1902: cables 1900; lire demand 1902:
cables 1900; marks demand 2.74; ca
bles ATS. ..o
New York exchange on Montreal II
1-S per cent discount.
Government bonds irregular; rail-
road bonds firm.
Time loans strong; sixty days, nine
ty days and six months s 1-2 per cent.
Call money steady; high /; low 6:
ruling rate s: closing bid 4; offered
F., last loan 4, Dank acceptanceS s
Is.
COTTON.
New York. May 27.-Cotton futures
closed easy. July 1918: October 34.45:
December SAB; January 33.75;
March 1892.
New York, Nav 27-Conner dull.
electrolytic spot and nearby 1oG1g
ID; June and July ~ IA
Iron firm and unchanged.
Tin spot $500; June $51.25; July
Anthony 1925.
Metal Exchange quotes lead firm:
and May 1856 asked. zinc
quiet; East st. Louis spot $7.40@
fHm CT AInIAYNo