Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-02-14
MARKET NEWS
NEW YORK.
STOCKS.

a ,,
New York, Feb. 14.-Sugars made
continued advance today on an
nouncement of a general advance in
the prices of the refined product.
Equipments. feathers and oils also
improved, with tobacco and motion
picture shares. Virtually all his ad-
vantage was cancelled before noon,
when the cheaper oils developed heav-
mess. Texas Pacific Coal and Oil
dropped almost 3 points on extensive
offerings. f.
Sharp reversals elsewhere en-
braced United Fruit, Gulf States Steel
and Bosch Magnetic at reactions of 2
to 31-2 points. Call money was
plentiful at Z per cent out time funds
remained rigid. Exchange on Lon
don approximated its recent maxi
mum quotation at 1888 5-8.
Resumption of trading on the stock
exchange today after the prolonged
recess was characterized by further
under especial pressure FORGETTING a
large fraction. The prominent trans
c~ontinentals, notably Canadian Pa
cific, Northern Pacific and Southern
Pacific, also eased. Industrials as a
whole were disposed to throw off last
weeks heaviness, particularly food
and oil shares. Cuba Cane Sugar
rose l ga points and American Sugar
gained almost as much. Domestic and
Mexican Oils were moderately higher
and United States Rubber. Baldwin
Locomotive, American International
and Studebaker featured the other
firm to strong stocks.
Interest continued to center around
special stocks. particularly sugars,
sMppings and steels during the very
dull noon hour, those issues scoring
further gains. Rails also hardened.
Reading recovered it's early loss and
sold f~ractionally over last weeks fl
nal price
Highest prices of the day were
made in the last hour. Mexican Pc
troleum, Crucible Steel and some of
the equipments and rails were most
conspicuous. The closing was strong.
Sales Appropriated 500, 900 shares.
PRODUCE
New York. Feb. 14-Butter firmer;
extras As 1-2@46; creamery extras
co. ~score), As: creamery firsts, (S8
to 81 score) 1904.
Eggs unsettled; receipts 24,sS5:
fresh gathered extra firsts 43; fresh
gathered firsts 40 1902.
Cheese steady; receipts 9S3; state
whole milk flats held specials 26@
20; ditto, average run 24@25; state
whole milk flats fresh specials % 1-2
@25; ditto, average u % @23 1-2.
LIBERTY BONDS.
New York, Feb. 14.-Prices of. Lib
erty bonds at noon were: 31-2s,
$3.50; first As, $780,. second As, $3.50;
first 4 LAS, S7.28; second 4 LAS,
$50; third Aids, 9O.06; fourth
4 las, S7.os; Victory 33-4s, 1928;
Victory 43-4s, 97.2S.
COTTON.
New York, Feb. 14.-Cotton futures
closed steady; March 13.45; May
1890; July 14.25; October 1852; De-
cember 1895.
New York, Feb. 14.-Copper steady,
~electrolytic spit and first quarter 13
to Is IL: second quarter 13 IA to IL
1-2; iron nominal; No. 1 northern
31.00 to $500; No. 2 northern 1900
to 5000; tin Irregular; spot and near-
by $3.50; futures 34.0O; anthony
spot 5.25 to $50; lead dull; spot Ats:
zinc steady; East St. Louis spot 500.
MONEY.
New York, Feb. 14.-Prime mercan-
tile paper Z 3-4; exchange irregular;
sterling 60-day bills 3.s4 ga; franc
demand 1926: cables 1928; lire demand
3.46; cables 3.48; marks demand 1.73;
cables la; Greece demand 1855; Ar
gentine demand 1912; call money
high z; low z; ruling rate Z. Mon
treal IL 3-16 per cent discount; gov
eminent bonds and railroad bonds ir-
regular. Time loans go days, 80 days
and 6 month Z per cent.