davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-05-26
u. S. Panic Proof
Under Reserve Act.
N. Y. Bank Contends
National Bank of Commerce
Confident in Ability of
System to Weather the
Present Credit Strain

The National Bank of Commerce
foresees no prospect Of panic in this
country. On the contrary, in its journal,
Commerce Monthly" the bank points
out that 1--WE have strong grounds for
confidence that under wise financial
leadership our currency and banking
system has made us panic proof"
In explaining it's ground for opti-
mism regarding the ability of the bank
ing system to withstand a commercial
crisis, the bank, whose president, ]. S.
Alexander, is a director Of the Federal
Reserve Bank of New York, says:
when the banking and currency sys-
TEN is sound and elastic it is almost
alwaJs possible to prevent a crisis
no part of the duty of the banks in a
crisis period to force, by artificial
means, continuance Of waning pros
perlty. 1t is not their duty to provide
funds for expansion of new enter
prises at the high costs which the end
OF prosperity period involves.
"lt is not their duty to encourage
customers to borrow for the expansion
of established businesses. Banks will
rather seek to persuade their strongest
customers to curtail borrowings in the
interests of the general situation, and
may even seek to persuade their
strongest customers to make loans to
help relieve the situation But banks
will lend freely to enable solvent firms
to meet their quick liabilities. 1t is
their business to protect solvent firms,
but not to protect insolvent firms. 1t
is their business to assist solvent firms
to mobilize slow assets, but it is not
their business to validate bad assets of
insovent firms. They may sometimes
find 1T necessary to protect firm which
is largely but not wholly good for its
liabilities, in order to prevent the
throwing of its assets on a demoralized
market, which would occasion severe
losses to its solvent creditors. The
banking community will especially be
disposed to come to the rescue of tenn
porariy embarrassed banks if such
should appear.
but the significance of crisis is
that the business community pauses to
take stock. The crisis is a time when
weak sptts are tested, when unsound
policies are reversed. If a crisis and
depression are to be followed by
period of soundly based prosperity, it
is necessary that the cleansing be thor
ough and that really insolvent bust
nesses be reorganized. The difference
between crisis and panic is that in
panic solvent businesses may be
pulled down and new weaknesses Gre
ated. The banking community has done
its full share to the business commu-
nifty If 1t prevents a crisis from degen-
Grating into a panic.
"Panics involve runs on banks, great
tension in the money market, a situa-
tion in which solvent borrowers are
unable to get adequate, if any, accom-
modation from the banks, because the
banks themselves are subject to ex-
treme pressure from those who hold
their demand liabilities"
New-York tribune., 1920-05-26

There was an active covering movement
and sharp advance in the market yes
t"rday. SO many crop complaints were
received from the South that the ex-
pectation of bullsh private and official
condition figures was strengthened. and
recent recent sellers evidently decided to buy
an advance to 35.oSc for October, com
pared with S4.l5c at the close of the
PREVIOUS day, and that delivery closed
at 3495c, with the general market SNOW
ing net gain of 61 to 50 points There
we're number Of contributing influence,
including the hrmer tone of the stock
of Fundamental conditions in the goods
{rade and sharp rally in the price of
The liverpool marEet m 'flsS' vas was weak early
under liquidation, but later rallied on
N N MANCHESTER buying and the better tone Of
irm at a decline OF 10 to % points on
July and August, but generally 5\ to 5
points higher on the relatively firm cables
Ind IND reports of damaging rains in Georgia.
There was some irregularity during the
ga, ear!y ','i trading, but offerings We're read
became more active and general during
the afternoon
A number OF private crop condition
days. while the government report, which
VIII carry conditions up to the close OF
business yesterday. is scheduled for publ
market will be closed from Friday night
until the following Tuesday morning. prob
ably Increased the disposition to cover
short contracts. and the close was only
few points off from the best under
realizing.
The views OF a prominent Western dis
LIbutor OF goods regarding market con
ditions led to good deal OF comm. nj
and, doubtless, contributed to the ad
vance.
Recent Wall Street and Western sellers.
VINO were particularly active buyers to-
day, were supposed to have been CON
siderably influenced by this feature as
aks as so1p8ern rg% x. yhe st0Gk o4
hcially reported, We're unchange to Is
points higher, the advances being in the
southwestern markets. which have been
relatively weak recently. Middling quo
tations in the South now range from
1000 to 41.75c.
The local market for spot cotton was
steady and unchanged at 40c for mid
ding no sales were reported.
The range OF prices follows:
New-York tribune., 1920-05-26
Big Japanese Bank Fails
Difficulties Laid 10 DemoraIiza-
sion Of silk Industry

TOXIC, May "a (By The Associated
Yokohama has suspended business and
its affairs are now under investiga-
ton. The Toxic press attributes the
banks q tiicuIties to decentralization of
the industry, in which the institu-
tlon was Interested heavily.
Sobei Mogi, the banks principal
share. older, las suffered loss of
$40 600 COO through the collapse of the
silk market it is reported.
The closing of the Yokohama Bank
started sympathetic run on the Soda
Bank, causes the closing of the Silk
Exchange and a slump in the Toxic
and Osaka Stock Exchanges and the
suspension Of the Toxic Rice Exchange.
The New York agencies of the lead
ing japanese banks yesterday were in
formed by cable that the Seventy fourth
The Institution, which was merged with
the Mogl Bank more than Two wears
ego, is under the control Of S. Mogi, Of
losl { Co.. importers, who have an
o.tce in this city and branches in
Toxic and Osaka. The bank is ex-
trtmciy close to the silk Industry, apd
its troubles are closely related to the
break in the six market in recent
months.
1t was said at the Yokohama Specie
Banks agency that the deposits of the
Seventy-fourth Bank reached 100000
yen that the capital Of the bank was
100000 yen, of which 3500,OO0 was
paid in, and that the reserve was L.
.D,.uOu .en. ,u.aue baukels II New
York Interpreted jho cryptic cable to
sirnify merely continuance of the
panic of last month.
New-York tribune., 1920-05-26
Int. Motor Truck Dividend
Corporation Has Declared Dis
bursement OF $2.33 q Share

Dividends Of $3.&3 q share on the
first and second preferred stocks have
been declared by the International
Motor Truck CORPORATION, it was an
nounced yesterday. Both are payable
July to stockholders of record June
10. Regular quarterly dividends at the
annual rate of per cent are contem-
plated
The dividends announced are for the
four months ended June so, and with
the initial dividends of $3.50 a share
declared on January 27 the stocks have
been placed on regular quarterly div-
dend pay ment dates.
Common stock holders Of the COM
pany have subscribed for more than so
per cent % the Ill 554 shares of c,m-
mon stock recently offered A group
Of individuals associated with the cor
poraNon and headed by Hayden, Stone
& Co. have offered to purchase from
the underwriting syndicate at $50 a
snare he shares not taken by stock
holders
New-York tribune., 1920-05-26
High Cost of Production
MAY Cut Off Gold Supply

WASHINGTON, May 25.-Gold pro-
duction in this country already greatly
decreased will practically cease unless
speedy financial relief is given the min
ing companies, H. w. Seaman, Of Chi
cago, president of the Trojan Mining
Company testified o-day before the
House Ways and Means Committee
Ever ounce Of gold now produced costs
government price of S2O67, he said
Immediate passage by Congress of a
bill levying an excise tax of $40 an
ounce on the gold used by jewelry and
other trades, with the money so raised
to be subsidiary for the miners, was
urged by Mr.. Seaman.
New-York tribune., 1920-05-26
Markets in Other Cities
Philadelphia

Sales Open. High Low Last
ss 5s A1fa6as ATT as'' ms: 20 20 20 20 20 20 20 g
35 Brill ........ 40 Al 40 Al
61o Elec stg. .... 1913 1lO 1o7 1l0
Gen Aspha pf. 102 1O2 102 102
22o ms Co N A.. 2Sa4 90 2S% %
22b5 Lake Sup Cor 12ia 13n 12la 1917
rs Lehigh Nav. SO 80 50 80
so Phi Co SO pf 3Ota 3Ola 30h 301a
1850 Phil Elec. 81 2s 81 IS 2la4 Fl Is
600 Phil Rap Tran 20 20 20 20
100 Ton Belmont. lSs ia 1,@ la
$50 Ton Ming ..... 1s IL IN IA
! OF Tn Trac ..... 81 IA STA 81 81
G09 Uni Gas Imp. APIS 42$ 42iS 42$s
100 Warwick 80. S%s Sas SH SIA
Bonds
$4,000 Elec 6, Peo As 50 IS IS IS
10000 LAX Su inc So 40 40 80 40
1000 l. 6s...... 94H. 94ts 94H 94%
$4,000 Phi Elec 1st 5s S3l. S31. So SO
1000 Wclsbach 5s. 98A 98A e8N 98A
New-York tribune., 1920-05-26
American Coal for Norway

1he Norwegian government has pur-
chased within the last few days 400, 900
tons of American coal tc be delivered d
between June l, 1920, and June /. 1921
1t is understood that one t.. the rea-
sons for the purchase here was that
American coal at the present time
could be delivered at Norwegian pots
cheaper than English coal. On the
other hand, whatever reduction in Eng.
lsh freight rates might be effected
difficulties in British coal mines pre-.
vented Norway's obtaining in England
the amount of coal required.
While there is no immediate danger
of an acute fuel shortage, Norway is
IN the market for coal wherever it can
be obtained. especially for Norwegian
railways. The situation is such, how
ever, that special regu ations have been
issued governing the distribution of
coal. and every effort is being made to
develop water power as a substitute.
New-York tribune., 1920-05-26
Income Shows Increase
Chicago, -. Paul, Minneapolis
x Omaha Renort

Gross income of the Chicago. st. Paul,
Minneapolis 4 Omaha Railroad for the
1919 calendar year was s. ,031, 100, an in
crease Of $30,790 over the preceding
year. The increase was due to a cain
OF S2,372 in other income and of s2S,-
aUS In income from unfunaed sccnri
ties and other items. The government
compensation for each Of the two years
remained the same at S4,934.7S9.
Last years deduct ons from gross
income totaled $2,654, ,442. leaving a net
income of $2,376,717, compared with
50 40j. j.lS0 reported for 1918. The de
crease in surplus was due mainly to an
increase of $49,9S6 in corporate oper-
ating expenses.
New-York tribune., 1920-05-26
Butte 4 Superior Net Grows
Profits for First Quarter Show
Gam Over 1910

Net profits of the Butte and Superior
Mining Company for the first quarter
over the corresponding period of 1910.
according to a report issued here yes
terday. The profits, before deduction
of taxes, were s627,256, or $2.1G a share
earned on the $2,901,S ,S45 capital stock
Of $40 par value
This compares with profits of $780,
9S4, or Sl.95 share, in the first quar-
ter of 1919. The total income was
81 0,770 as compared with S65l 6Se.
After deducting taxes, the company
showed a deficit Of $116,379 for the first
quarter last wear
New-York tribune., 1920-05-26
HARTMAN NATIONAL BANK
Fifth Avenue & Forty.fourth ST.
New York
BANKING HOURS FROM 8 l. NJ sPR
SAFE [ep0SIT VAUL rs 8 A NJ 10 MIDNIGHT
ANDREW J, MCCORMACK. Auction..,
REGULAR AUCTION SALE
STOCKS AND BONDS
by ADRtHN II. MULLER & SON.
OFFICE. 55 WILLIAM STREET
WEDNESDAY. MAY 20. 1920,

at $3.50 o'clock al the
EXCHANGE SALESROOM.
NOS. II AND is VESEY STREET.
For Account of Executors:
*z'oVo Olean Electric Light & Power Co
lst Ref. Mtge 80 BIDS. i94s.
$4,000 Anglo-French So External Loan
Bds.. due Oct. 1920
q Ref. SO Mtge. Bds.. 1856
0OO Co.. Sov1 1,d dc0I5s 81. R5smTsEs Rss ;sis Power
$1,000 Dominion Coal Co. Ltd, lst Mtge
F. Sc Bond. ITO
$4,000 pena pennsylys9ia ~ = Jttliles Co, la
$4,000 Buffalo General Electric Co. Isl
REID. SO Bds, 1889
$500 Utah Valley Gas & Coke Co. 1r
Mtge. S =. So Bond 1885.
$4,000 Mdvale Steel &. Ordnance Co So
Convt. s. F. Pts. 1886
$4,000 Northwestern Elevated r. R Co
1st Mtge. So Bds-, isN.
20 shs. United Cigar Stores Co prssd.
20 shs. Lehigh Vale f. r Co.
10 shs. Great Northern Railway Co.
For Account OF Whom 1t May Concern:
100000 Olympian Motors Co. II Bonds
100000 olympian Motors Co. 7s Bond,
1924
$4,000 Illinois Central Traction Co 81
Bonds, 1888
u shs East River Natl Bank.
10000 rubles city Of St Petersburg Az
Bonds
10000 marks City Of Hamburg =. Bond.
1000 rubles Russian internal ~ Bonds
ll0 shs Chrome and Asbestos Mines
Ltd.
900 shs. Hahl Automatic Clock Co,
V 7. G.
100 shs General Gas g. Electric Cow,
prefd
$3.50 shs Texas on Producing Co
$4,000 Breitung Niarquette) Iron Co. r.
Notes due August 1927
500 shs. Manhattan Railway Co
10 shs. International Callopnone ~
prefd. with bonus of 5 shs com.
mon.
800 shs international Calopnons com
New-York tribune., 1920-05-26

liverpool Cables--Spot cotton dun at SO
P9nts a6d dsciine sdi midGing ddd 2555d Sales
American 23,OOO. Futures opened steady
at 90 to 50 points decline. Closed quiet
at 4 net decline Of A to So points. May
23.9Qd July 2362d: October. 23.04d; De-
cember. 224Sd; January, 22.28d. Man
chester Yarns and cloths duh and irregu-
Wheat-The trade had expected the
British commission to come into the
market and take considerable quantity
Monday night, 1t had been announced
that the commission, which withdrew
about week ago. would be in the market
again on Tuesday. Orders failed to ap-
pear, however. and private cables from
Europe said that the commission still
ont of the market. while Continental
above working basis.
This was disappointment to the trade
came to light, the wheat market held
steady and offers were moderate At the
present time the situation is complex and
the average operator is much puzzled over
the future. The worlds supply and de-
mand position appears strong and many
bhoat beieye hl that Nd5t Eq1ope wi5 want all the
At the same time. the United States
Grain Corporation will go out OF business
al the end of this week and. in absence OF
a futures market, holders of grain will be
without protection of any kind. On this
account elevator interests and milers may
show hesitation about carrying great
quantities of wheat and. has been
brought out by the Wheat Director, the
American markets may be left at the
mercy OF the foreign buyers
Corn-The market showed a firm under
tone throughout the day and closed near
the top with net gains of 3A to 6hc
Offers were limited and shorts were good
buyers The cash position showed strength
and there little pressure to sell 1t
was evident that the trade was nervous
over the question OF the movement as de-
spite the efforts to furnish more cars II
has not yet been definitely demonstrated
that the movement will be of sufficient
volume to create a surplus. and those who
recently were enthusiastic on the selling
side were fearful lest the promised move
ment may fail to show as large proportions
as had been predicted
Weather conditions were favorable for
the new crop although planting operations
have been delayed by recent rains. and
some authorities believe that the acreage
may be curtailed Exporters were said to
have taken ten loads In the local market
out the demand was apparently of a spe-
cial character, possibly for brewing pur-
poses.
Yesterdays Previous Year
Corn No. 2 yellow s2llA ;2osIa sl.s54
Chicago
1aI'. May 1ssis 81 1927 1s7n 1.ss ss ;,
Oats-The market was firm and higher
on covering prompted by show of
strength In the cash position and on
uSht offers as well the prevailing be
lef t>llJ 10 Ks or Jha farms arc s,uau
New-York tribune., 1920-05-26
Brooklyn Union Gas Co.
Shows Deficit for 1919

A deticlt Of $TO6 848 was shown by
the Brooklyn Union Gas ompany in
its annual report to the Public Service
Commission yesterday for the year
ended December 81, as compared with a
surplus of $l99, ,791, or Sill e share, in
the preceding year
The gross revenue increased to S13,-
3S6,123 from $13,053,797. The surplus
was $3.453,148.
New-York tribune., 1920-05-26
Mondays g
Butter. Cheese and Eggs

Butter-Receipts were e,6SS packages.
Creamery. higher than extras, ID. SO y q
Sic; extras, SO score G0c. hrsts. 90 to 81
score. 5s Q 5sc; 1rsts. 8s to SO score. 66 r q
81 PC. seconds. 80 to 81 score. 81 q &c
lower grades, 4S@61c; held. extras, 6s q 5sc :
firsts SOC SIC seconds 81 q SIC; unsalted.
higher tnan extras. 63's q Qs4c extras 81 @
sac; hrsts So q 6oc. seconds $50 SIC; state
dairy, tubs. finest So Il @ Aac: good TO
prime. 90 q. 5Sc. comHion to ff,l) ~ Sc
renovated. extras, 54@ 55c; tlrsts. 62@5 5sc;
onds. Al " q f2c; lower grades. 4o6A1o:
packing STOCK, current .us,.>., 40. H. -. . ~
42c: No. 2. Ale; lower grades. 81 q 40Q
Cheese -- Receipts 2.7s7 boxes State.
whole milk fresh flats, colored OF white
d., 2s12 a CSC; average run. 2702sc: held
fats. specials, 81 % 32c. average run. 3oc
lower grades, 20W29c; twins he'll. spe-
cials. white. 500 3042c. colored, 30 SIC.
. erage run. white or colored. rs Il q csc;
lower grades. 2O@27c; Wisconsin. whole
milk held. twins % q Sic. single or double
daisies. held. 3OG 81 &c, Young Americas
.resh. sac. state Skins. fats and twins
Q20c prime TO choice, IL u W Is 1ac. fair to
good. l2@lsc; lower grades 5Q1oc.
Eggs-Receipts We're SO, 037 cases. Fresh
gathered extras. dozen. 46 q 47c: storage
packed, extra hrsts 45@45 &c: frsts. Al a
"A &c hrsts, Al q AZ nc; seconds and poorer.
3o@4oc. dirties. No. l. storage pack ed
80 g 50 nc: regular packed, $50 S5 nc: No.
33QS4isc: state. Pennsylvania and nearby
Western hennerY whites extras. 81 q 53c
extra irsts, b04 sic; frsts. 4sQ 49c. gath
cred whites. hrsts to extra firsts. 46 q soc :.
white. extras. sac; extra irsts. 5o@5lc;
hrsts 4794Sc; other Western and South
ern gathered whites, 44Q 4sc; state. Penn
sylvania and nearby Western. hennery
and mixed colors. extras, 46Q47c; frsts
to extra irsts, 42045c.
New-York tribune., 1920-05-26
Sugar and Coffee


sugar, 81, gran, lb. .2o]s .@.ss .ss
Coffee. San No. .221s q .227s .2414
For the moment. at least. the edge ap-
pears to be off tho market for raw sugar
and sellers have come down to meet the
ideas of refners. 1. e. 2212c cost and
freight for Cubas Business TRANSACTED q
14.50O bags Cubas afioat to local re-
finer. and 10000 bags June shipment
Cnbas to a New Orleans refner' both at
Yesterdays business included $4,000 bags
refner at 22lac cost and freight. A New
tons Perus. prompt shipment. this price
showing decline of ~
and d fun IT duty t sugars were 1e availabie at
he basis of 22i3c cost and freight. with
no buyers About the only feature
in refined sugar was the reported ad-
terms.
Coffee Futures-The market opened
somewhat below the expectation of some OF
the local traders, considering the fact that
the Rio market was officially reported 215
reis higher. Call prices were to }3 points
lower. and while rather bullish advtces
crept into the market from various private
sources. values sagged off on moderate
trading. final quotations showing net de-
clines of II to % points. It was reported d
the the Nsw lorH saep n h spTng
now returning and that they have advised
friends in the local market that the new
crop Will be very late IN coming down
this season.
It was said that these interests pur-
chased about 250.00 bags of Santos coffee
at price approximating 274c, based on
IS and AZ. 1t is believed the coffee has
been bought for June to July shipment
and that II consists OF old crop govern
ment coffees and current crop supplies.
weather conditions prevail in
some sections of Sac Paulo, two districts
reporting freezing. There those In the
trade however who do not anticipate any
serious damage at this season. although
others say matured fruit may drop from
the trees. thus curtailing the size of the
crop
The cost and freight market was quiet,
few firm offers here. but those In evidence
reported about unchanged.
The range of prices follows:
New-York tribune., 1920-05-26

unchanged at 40.50c; sales. 254 bales
Augusta dull, unchanged al 4I.75c, no sale
Memphis steady. unchanged at 40 6Oc !,
sales l.lo0 bales. St. Louis steady, un-
changed at 40.5 SOC sales Houston
steady. so points highere al 40c; sales
ESQ bales. Little Rock quiet, unchange I'd
4v.oUc, sales. $50 bales. Dallas steady
rs points higher at 40.10c: sales 500
bales. Montgomery firm, unchanged at
40.60c; no sales. Fort Worth steady un-
changed at 40c; sales 1000 bales Calves
ton steady, unchanged at 4o.50c; sales
coo bales New Orleans steady. unchanged
at t"c, "ales. l.45a ba,os Savannah oniti.
New-York tribune., 1920-05-26
READING COMPANY

General ttti ErnfIIn iefmIHhI.,
Philadelphia. May i3. ls.V.
The Board OF Directors has declared IlOp ~
the net earnings quarterS DIVIDEND -
one per cent 1Te) the First Preis,,1s -
stock of the Company. 10 be paid on ',hs hs
10 1920. to stockholders OF record q, - ~
close of business. May 25. 1920 CnTys 90
will he ma j - '-hc'i~ oa''
fled dividend orders with the Treasurer
JAY V HARE. Secretary
New-York tribune., 1920-05-26
DIVIDEND NOTICES


REPCBEJC IRON & STEEL COMPANY.
PREFERRED DIVIDEND NO 81
At meeting OF the Board of Directors
of the Republic Iron & Steel Company tho
regular quarterly dividend of = on me
Preferred Stock was declared payable July
|. 1920. to stockholders Of record June
Is. 1920 Books remain open.
COMMON DIVIDEND NO. 10.
At a meeting OF the Board Of Directors
of the Republic Iron & Steel Company
dividend OF la q on the Common STOCK
was declared payable August ?, 1929, 70
stockholders of record Julv 10. 1920 BooAs
remain open.
RICHARD JONES u. Secretary.
New-York tribune., 1920-05-26
OFFICE OF
GREENE & CO, MANAGLnS
ROSTDN MASS

The quarterly dividend OF iAT. upon me
preferred stock of lnternhtionhi Cotton a'.s
has been declared payable June l. 1927 ~
tbs Cfflce OF he Transfer Agents. th= %
Colory Trust Company Boston. Mass -
all holders OF record at the close OF ousiaef'
May J., 1920
INTERNATIONAL. COTTON MILLS.
ALLAN B GREENOrGH Treasurer
New-York tribune., 1920-05-26
OFFICE OF
GREENE 4 CO.. MANAGERS

quarterly dividend OF 80 $3.50 per
sharel upon the common stock OF the Inter
nationa! Cotton Mills has been declared pay
able June /, 1920. at the office OF the Trans
Boston. Mass, 10 all stockholders Of record
al Close # business May l.. 1920
INTERNATIONAL COTTON MILLS.
ALLAN & GREENOCGH. Treasurer
New-York tribune., 1920-05-26
Ex-Secretary Lane Director

Franklin X. Lane, formerly Secretary
of the Interior, was yesterday elected a
director Of the Metropolitan Life In
New-York tribune., 1920-05-26

position was again largely nominal with
leading grades quoted at $1.43 to s1.45.
Yesterdays Previous Year
New York: close. close. ago
No. white s1430145 sl.43 .7sl4 q 80
Nav '.so 1.o2 .es1s .7o4
July . 1874 .87s4 .6sa4
Rye-Market firm.
Yesterdays Previous Year
New York: close. close. ago.
No. Western s232 S23oA $1.60A
Flour and Meal-Quotations were:
Yesterdays Previous Year
" Y. close close. ago.
NJ pats1375014.T5 1875 @14.75 1900 q II. so
meal 4.750497h 4.75r 4.97 II $500 $50
-four 11.50@11.85 1850 0@11.85 5000 S.s5
Bran $500 65.OO 1850
New-York tribune., 1920-05-26
AMERICAN 4 CAN 90.

quarterly dividend OF one and tsfe, -
quarters per cent has been declared
the Preferred Stock OF this Compa":
payable July LIST Ie20 20 Stock kN0i6~ ,s,h
rocord al TIE close Of business June ~. ~.
1920. Transfer Books Will rerleln ope"
Checks mailed. r. H IsMoS.
Secretary and Treasurer
New-York tribune., 1920-05-26
Livestock, Meats, Provisions

Yesterday. Year ago.
Live steers. fair to
prime. 100 lbs sll.76 912.75 $I4o0GD l6. o
Dressed beef,
sides, ib...... .15R 20 1870 "a
Live veals. COM
mon to prime
100 lbs ..... 13.oo@ls.oo 14759ls.oo
= - veal,
city, Id ...... $50 .2s .21V .26
Live ewes 100
lbs. ........ 7oo9loCo s5o@1o.o
Dressed mutton
elt,, 40 ...-.. lao 20 l68 20
New-York tribune., 1920-05-26
CottOnseed Oil

The market was dull yesterday, and in
the absence of aggressive operations either
wav prices were Influenced largely By the
action Of the other markets. The strength
IN cotton and in the grain list gave prices
a firner tone early. but most of the ad
vance was lost In sympathy with the heavi-
ness in lard. Closing prices We're un-
changed 20 points net higher. Total sales
for the day 5.400 barrels.
The range of prices follows: