Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-11-09
NEW YoIsK
STOCKS.

New York, Nov. S.-Buying Of bet
ter class rails and oils and recovery
OF British exchange infused a meas
ure OF stability TO the stock market
today, but not before new low Fec
.ords for the year had been made ~
various speculative issues. Prom
inert among these were Generai
Motors, Pierce Arrow, Vanadium. In
.ternational Paper, and several OF 2
stobaccos and sugars. Shippings,
steels and equipments rallied | ,to.2
points, and chemical andSfertilizer IS
sues resisted pressure. Shares Of q
cotton carrying. roads. notably LOUIS
willie. g. Nashville and Atlantlc Coast
Line, were reactionary, but grangers
made moderate responsefst TO yester,
days excellent crop report cail
money was firm at 9 per cent.
b: The market becam.e more irregular
at midday, investment rails reacting
after extending their gains Of the
morning. Steel, copper and 1905
shares also became heavier, especially
THE sugars, on reports affecting their
dividends status.
There was little change at the
opening of today's stock market IRON
recent unsettled conditions. Pressure
against oils, motors and steels was
resumed, Mexican Petroleum, Boscn
Magnetic. Vanadium Steel. and H:de
and Leather, Preferred soon. recover-
ing yesterdays declines by Ito 3 IL
points, Atlantic Gulf, International
Paper and United States Rubber also
becon!ng heavy. Rails were mlxea,
losses ranging from fractions to TWO
points in nickel Plate" Baltimore &
Ohio, Atlantic Coast Line, Missouri
Pacific and Pittsburgh n West Vlr-
ginia,t while Southern Pacific, North
.ernEPaciic, st. Paul and Reading
were .SArmAto strong. Foreign ex-
change conditions were more reassar-
ing, the London rate recovering Two
cents.
l. Heayiness of United States Steel
which registered its lowest price in
several years was the disquieting fea-
'ture! Of the later dealings when rails
and oils also declined. The closing
was weak.
PRODUCE.
New York, Nov. 9.-Butter steady;
receipts, 5,293; creamery higher than
extras, 81 1906; creamery, extras
(92 score), "a; firsts (8S to 81 score),
t48 @62I 1-2.
Eggs strong; receipts. SAG; fresh
gathered extra firsts, $685.; .frsts,
Cheese steady; receipts. 1855;
state. whole milk flats, held specials,
27@28; ditto, average run, 24@25;
state whole milk flats, current make
specials, 24@25; ditto, average run,
90 1908; state whole milk twins,
held specials, 26 r1-2@27 IL; ditto,
Live poultry weak;Ino prices quoted;
dressed steady: fowls fresh, 25@40;
turkeys, fresh, 40@50.
MONEY.
New York, Nov. 9.-Primc mercan-
tile paper s; exchange strong; sterl-
ing 60 day bills 3.33. Francs demand
|5.87; cables $50; lire demand 3.42;
cables 3.44; marks demand liz;
cables 1.1S. Greece demand sos.
New York exchange on Montreal 10
Ia per cent discount.
Government bonds easy; railroad
bonds easy. Time loans steady. sixty
days, ninety days and six months Z
|3-4@8 per cent.
Calf money, strong; high 10; low,
Is; ruling rate 9.
New York, NOV. Cooper,
steday; electrolytic spot and fourth
quarters IA 3-4@15.
Iron lnominally unchanged. Tin
steday; spot 1857; future $3.50; lead
irregular; spot 6.50@7.00; zinc;
steady; East St. Louis delivery spot
6.75@6.S5. Anthony 6.25.
LIBERTY BONDS.
New York, Nov. Closed: 31-2's
95.10: first As 1918; second As $3.50;
first 4 las 1910; second 4 LAS
1888; third 4 LAS 1890; fourth 4
LIS S7.4o: Victory 3 s-4's 1922;
Victory 4.3-4's $3.50.
DULUTH GRAIN. {
Duluth, Mimi, Nov. s.-wheat