The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1920-07-31

! Mules-The only outlet of anv i'm
portance is for miners and good h..
work mules. Quite a few OF snch ars
selling, but they have to be good - =
bring decent price and BUYERS ,ro ~
neglecting the off grades. ta,
good cotton mules, 1873 hands ana
lover, would sell all right. 'u
i16 to IL hands, range. .s1ss@o7o
16 to II hands (good), bulk 25o9o ao
10 to 157s hands, range. -. 115@eos
is to 1914 hands, bulk 1000 aoo
il5 hands, range 75G1oo
Is hands, bulk .., 1a5@1sn
IA to 14h hands, range. 6O@19s
IA to 141a hands, bulk. -. 9o@11o
10 ~ !oR nands' range. ESQ SIS
~ ~ ioza hands' ouik. ....i 300 so
| Liberty Bond Market.
NEW YORK. July 3I.-Liber,v
bonds were quoted today as follows.
I311s. 91.08; list As, $3.50; End 4s
1880; list 414s. 1852; End ais
1890; 3rd 4As, 1856; 4th AIS
1904; Victory 3As, 95.72; yictory
I4As. $50.
Stock Market Notes.
[ United Press Leased Wire Service
NEW YORK, JULY 31-Prices were
irregular at the opening of the New
York stock exchange today.
Activity developed in the railroad
list during the first hour Leaders
were St Louis Southwestern common
which made new high for the year
at 81; Minneapolis and st. Louis
which touched 141k. up *, and Read.
ing which at 1914, was up lis. Indus
trials were at standstill in early
trading. The activity in railroads was
believed due to the forthcoming rate
decision which traders expected early
next week.
The market closed irregular.
The market continued to be thin
proposition on either buying or selling
side of industrials right up to the
close. The rally in demand sterling
had little effect on the stock market.
Rails retained practically all of their
gains of the first hour. Closing prices
q. S. Steel SO, off 1s; Crucible 147, off
1ss:; Baldwin 1101s, unchanged; Mexi-
can Petroleum $50, off IS; Studebaker
ssh, unchanged; y. S. Rubber 87A,
up ~: Corn Products 80, unchanged;
American Wooden S0A, off rs; Read
ing sSas. up "; Central Leather 5SB,
off II.
Daily Stock Letter.
limited Press Leased Wire Service.l
NEW YORK, July 31.--The New
York Evening Sun financial review
today said:
Confusion of sentiment and highly
varied expression OF opinion in week
ly reviews of the securities market
position and the general outlook
tended further to lessen public in
terest in stock prices in today's short
session. The tone was one of under
lying strength, neither pressure nor
buying initiative being in evidence
to turn the sluggish tide. - 7-.s
The outstanding feature today was
the absence of all but the most per
functory concern in the trading.
There was quiet strength in the
railroad list, gains in several cases
being point OF more.
The second hour saw some yielding
In industrial values while the rails
rather more than held their own. In
neither list, however. was there the
slightest Indication OF initiative in
any direction. As far as any signil-
canoe in the trading in the half ses.
sion went, the market might as well
have closed yesterday for the week.
Foreign Exchange Market. H
United Press Leased Wire Service.J Y
NEW YORK, July 31.-IForeign
exchange was steady at the opening
today. Quotations were: Sterling de-
mand s3.71M; francs demand .07s2;
ire demand .G532; Canadian demand
$3.50, all unchanged.
Demand sterling closed at $372R,
10 cent net; marks demand .0232:
Canadian dollars 1910; francs de-
nand 0767; lire demand $685. cables
O537. Il
Wheat Near So Mark.
United Press Leased Wire Service.l
CHICAGO, July 31-Wheat crept
loser to the 50 mark today. On the
Chicago board of trade December
Wheat dropped ten cents during the
irst two hours of trading, starting at
,231h and falling to. 2fs.
Z There was little excitement in the
wheat pit, the continued drop being
aiken as a matter of course. There
vas little bidding with oSers at con
;tantly lower prices.
Cash grains fell with the futures,
ash wheat losing ten and fifteen cents
Turing the forenoon. Corn and oats
we're not so seriously affected as
wheat. The wheat market. it was
,ointed out, has not adjusted ITSELF
here being no real relation between
he futures market and the cash when
=, a.~s~, orb OF