Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-04-21
MARKET NEWS
NEW YORK.
STOCKS.

New York April 2l.-DelaWare;
Lackawanna and Western ,gafneda,s1A
session and Kansas City Southern also
strengthened, but rails as a grohp
showed little support. Steels and
equipments also lacked ,recuperatfv4
power and food shares were heavy
especially Jewel Tea, preferred. and
Food Products. Oils continued to
feature the constructive side Of the
as Cosden, Union and White, as we'll
as Phillips Petroleum, which rose "
to 2 points. Miscellaneous issues, jim
GLIDING American Ice. National Els
cult and Adams Express gained i to
2 points. Call money on the exchange
again opened at 6 1-2 per cent? al
though lending at s per cent in the
outside market. = e@s
A ten point advance in Delaware,
Lackawanna and Western shareA
based on the announcement that, the
Interstate Commerce Commission has
authorized a $%5,000,000 stock divi-
dend, was the outstanding feature at
the opening of today's stock market.
Manhattan Elevated recovered part
Of reports that its lease with Inter-
borough is to be ~abrogated. In the in
dustrial division, however, declines
were the rule, especially among steels
and equipments. Crucible, Lackawan-
ma, and Republic Steels, also Baldwin
Locomotive, Royal Dutch and AmettI
can Sugar soon reacted one to- two
points. Standard Oil of New Jersey
forfeited five points of its recent SUBJ
%stantial rise. ~
Aside from Studebaker, which was
strong, the usual leaders were
neglected during the dull mid-season.
Oils remained in the foreground. high
grade shares reacting under leader Of
Gneral Asphalt, while some Of the
junior issues enhanced their early
gains. I,
The strength of studebaker and
weakness of steels. food shares and
high priced oils unsettled the list in
the more livelier dealings Of the final
hour. The closing was heavy. Sales
appropriated 100000 shares. s.a-
PRODUCE
New York, April 21.-Butter weak:
rec -ipts 6,341; creamery higher than
extras As 3-4@46 1-2; creamery ex-
tras, 90 score, 45@45 1-2; creamery
frsts SO to 81 score, 41@44 1-2.
Eggs. steady; receipts 1853; fresh
gathered extra firsts 20 @ 3O;l firsts
l26 1908.
Cheese irregular; receipts 1853;
state whole milk fats held specials ~
W2S; ditto. average run 24@26; state
whole milk flats fresh specials 81 1-2
@22; ditto, average run 20 1904.
LIBERTY BONDS.
New York, April 21.-Liberty
bonds closed: 8 las ss.4o; first As
$40: second as 1920: first A. LAS
S7.s2; second 4 LAS S7.32; third 4
Las 1920; fourth 4 las S7.42; vic
tory 3 3-4s $3.50; victory 4 3-4s 97.4S.
METAL. I
New York. April 21.-Copper,
steady; electrolytic spot and nearby
IL S-4; May and June Is.
Tin frmer spot n nearby 30.75@
3l.0O; futures 1915.
Iron nominally unchanged.
Lead steady; pot 4.25.
Zinc firm, East st. Louis spot 4s5
$500. -.
Anthony spot 5.12@5.25.
MONEY. '1 g as
New York. April 2l.-Prime. .mer-
camille paper Z 1-2 q ga. Exchange
heavy; sterling 60 day bills 3.S7 rs.
Francs demand 1927: cables 1923. Lire
demand AIS; cables 4.S0. Marks de-
nland LA; cables Las. Montreal II
ti-s per cent discount. Government
bonds firm; railway bonds easy. Tfnie
loans steady; 60 days, 30 days and 6
months 1907 per cent. Call
money firm; high 6 1-2; low 6 IL;
ErulinE rate 6 1-2.
it. SKA DS SID cnfwyp h hh
PRODUCE.
Chicago. April 21-Butter unchang-
ed receipts 1923 tubs; creamery eX-
tras AS; 1rsts 37@42; seconds 3Om
IS: standards 43.
Cheese unchanged,
Eggs lower; receipts 22,9Sss. cases:
firsts % 1-2; ordinary Hrsts 1S@2O.
at mark. cases included 22@23.
Poultry alive lower; fowls % IL: