Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-08-04
NEW YoRK
sToCKs.

New York, A,ug. Sc ordersHH
did not follow prices Wn43on ne
stock exchange today and the market
began to show a5 little more sta p a. " 4
IN sympathy with Az confident @ap-
snrntionS Of the motors,s Domestic and
internationaIg% moneytary% conditions
were regarded }favorably:Sthe large. in
hIIx Of gold here, and Strength Y
foreign remittances, sterling rising
one and one-half centsrE8 ca USING sjgsag
check to speculative selling. Short
covering was an obvious factor on the
krebonnd. but there also were signs OF
renewed accumulation 1of representa-
tive railroads with poolaoperattons IN
someyindustrials. American sugar
recovered Immediately 9TH gen
$eral list got back to parity with yes-@
terday's close or above. q money
renewed at 5 1-2 per cent ent:iS
The stock market opened regular
but with an easier tendency
half hour Investment railroads 2
leading specialties exhibited the most
weakness. Yesterdays decline in q
railroad division and misgiytngs as +
dividend action on certain g
encouraged broader selling a 9 the
short account. American Sugar and
Central Leather fell n point and
United States Food Products Cuba
Cane Sugar, preferred, CentralSLeath-'
ser, preferred, Bethlehem Steel, Sears
Roebuck, General Electric, American
Locomotive and United Drug one-haf
to three-quarters. .Studebaker was q
notable exception, gaining two points
while Chandler, Mexican Petroleum
and%Union Pacific were bid up nearly
n point. A .y
Business, broadened when pressure
~-,.o ~x4S ~ - -xfrN~, NSh ~ TTni$ANA
States Alcohol. General Asphalt..sIn-i
ternational Paper, Kelly springfeld,s
Atchison, Canadian Pacific ana
Pierce-Arrow, preferred, the q
named losing four points. Elsewhere
prices receded sympathetically. The
closing was heavy. Sales approximat-
ed $4,000 shares. .s
Trading was on a diminishing scale
after midday but prices of industrials
continued to forge upward. Interna-a
tional Harvester, American Wooden.
and Atlantic Gulf advanced two
points. Atlantic Gulf, preferred, 3 i-2l
and American International, Famous
Players, Sumatra Tobacco, American
Sugar, California and Great Northern
preferred one point. 4 *
PRODUCE.
~ 4NSWlt OTh n 4uSs.4.--D4LLS +SLSduyS
receipts 1880; creamery higher than
extras As 1-2@46; creamery extras,
s2's, a. 1-2@45: creamery frsts, S8
to els, 1904; packing stock current
make No. 2,E28c.
Eggs irregular; receipts 1851;
fresh gathered extra f1rsts 1904; do
firsts 35@37.
Cheese barely steady; receipts d
.512; state whole, milk flats fresh spe-
Toi q 10 SC1 m Q = I %. 10 a rroro 90 rr,r On
@2O 3-4; state whole milk twins spe-
Gals 21@21 liz; do average run 20
@20 "a. e
4 METAL.
New York, Aug. 4.-Copper unset
tied; electrolytic spot and nearby II
7-8 later 1902 IA.
Tin, frmer; spot and nearby 1925;
futures 1925. Z.
Iron nominally unchanged.
Lead, quiet; spot 4.40. ssA
J. Zinc. steady: East st. Louis deliv-
Iery spot 4.20l@4.25.
Antimonysspoti 4.eo.. q
MONEY.
New York, Aug. 4.-Prime mer-
camille paper s to .61-4; exchange
strong; sterlingy60-day bills and COM
mercial 60-day BILL on banks 3.54f1-2..
Franc demand 7.i3; cables 7.73 1-2.
Lire demand APT 1-2; cables 4.2S..
Marks demand 1.221-2; cables
1.23.
Sweden demand 20.33.
Norway demand 1910.
Montreal 10 ga per cent discount.
Government bonds irregular; rail.
road bonds steady
T Time loans steady; so days, 90 days
and s months 51-2 TO 6 per cent.
! Call money frmer; high. 6; low, s.;
ruling rate 5 ,1-2; closing S, IL.
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