davidaulloa/AmericanStories huggingface dataset:
Omaha daily bee., 1921-12-03
Financial
Nhe Mn 1erk @mes.
py ALEXANDER DANA MOVES

~ AA4oNHN ~SSN Sses"S~ -
chissss Tvsssas-0sshs Bss Issss< Wire
New York, Dee. 2,-Coneiderlna
that none OF the predicted over
night announcements had material
izcd regarding conferences on ex'
change rates or concessions TO Ger
many in the .reparations controversy
il was natural that foreign exchange
should fall back today.
The one concrete reality in the
news was tbr occurrence OF panic
on the Beflin stock exchange. re-
sulting directly from the 50 per cent
advance Of the marks price on for
eign exchange since Monday, the
last previous day when the bourse
was open. In some respects this
formidable crash suggested Wall
streets Northern Pacific panic oi
1905" In more respects il rcsem-
bies our own black Friday OF Sep
tember 1869, when the breakdown OF
a wild speculation carried the price
of gold in IS minutes from los TO
lJs. OF as one would express il
nowadays, put up the deprecated
dollar from 90 lie to t4c, raised
the money rate to 4 per cent day
and broke the stock market 20 to
80 per cent.
StevllAg Declines.
what moro 10 to be seen by way OF
similar commotion at Berlin We shall
know next week when the bourse opens
and the marks price has been tested
farther. Today II reacted TO tooiax
- sgsinst Thursdays t.ocS1k. and tho
3.oo3Sk tho day before. Sterling de-
clined to St.o3h against N.o7%. closing
above the lowest. The other western
siderably ended well above the weeks
earlier quotations.
Todsy's movements on the New York
stock exchange were greatly confused and
OF evidently professional origin. In the
main. prices went higher. but the sharp
notably the Independent steel shares. was
offset by rather substantial declines In the
shares. The bond market as a
whole repeated It's moderate reaction Of
tho two preceding days.
The recent sharp recoverles In the grain
and cotton markets and the fact that
of prices shows most Of ;hs
important staple products to have been
higher at the end OF November than at
tho end Of October, will lend particular
interest TO the Forthcoming monthly
commodity averages" In its weekly
price list OF more than n hundred separate
commodities Duns Review reports 56 ad-
yances since last week against A. declines.
much the largest proportion Of higher
prices that has occurred in any week
since the great reaction began In May
Of 1920.
Omaha daily bee., 1921-12-03

Savannah. Ca. Dec 3.-Turpentine-
Firm. f3xe; sales. 1sl bbla: receipts. 43i
bels.: shipments. lsl bbls.; stock. li.sst
bbls.
Rosin-Firn: saies. 1.$ss casAs. receipts
s-1D1 casks. shipmeAts. l.1ll casks; stock
lisa CASKS.
ossts: B. D. Z. =. q. eA1y. n, l. sA:s
K tAft: =. tSIs: N. ts.4s; v. O. $3.50;
". W. &xee.
Omaha daily bee., 1921-12-03
BEEF STEER.

Hogs-ReceIpts Of hogs were estImated
at $500 head. The market opened weak
today. most bids being about 1oc under
yesterday. Lixht hogs were moving at
from tS.01@6.6o. mixed loads from $500
U6.s0. Packing grades from SS.s0W6.o9
with the extra hesvies quoted down to
$780, Bulk of the hogs s6.oO@6.t5 with
fnn Of xE 60
Omaha daily bee., 1921-12-03
Liberty Bo.d Pr,ees.

New York, Dec. s.--Liberty bonds at
ond e. si.4:. first tHa s1.tt: second
AS. S1.S3; third <ks. S7.7s: fourth ANS.
sf7s: vietgy 3ks. saSs; Victory &kA
sS-sG
Liberty bonds elosed; avs. ss.1s; first
Il. t7.3e: second II, e7.41: first AKA.
si.il; second Ana sf.Sa: third as, sLeS:
Fourth <xa e7.se: Victory ans. ss.St; We
tory 4ks 100.
Omaha daily bee., 1921-12-03

Foreign Exchange hates,

Kansas City. Dec 2.-Wheat--Decem
Der. $1.osh; May. sLo7A; July. ti.oi
Corn-December. 42c: May. 47Hc. a
Omaha daily bee., 1921-12-03

New York, Dec. 2.-Dvn's tomorrow
will say:
"A year which has been marked by
STOW and uneven economic recovery near.
an en9ing with seasonal abatement OF
demand in different quarters. but with
basic conditions strengthened. At this
period. when taking Of inventories re-
quires attention In primary channels. ac-
tsvity IN other than retail circles is not
ordinarily witnessed and Was not to be
looked for In the present instance.
That large operations have been re-
corded in certain branches. A. In ths
high trade merely illustrates the exist.
ing irregularities and the conservative
dealings in most directions are more rep.
resentativs OF the general status OF busis
ness. Frequent rsiteration Of the state
ment that many buyers are deferring
important action has been necessary this
year. fail u about ~ per cent In
wholesale prices from the high level Of
1920 naturally had an unsettling influ-
eace everywhsre, and the read5ustment te
new basis Of consumption. production
and prices could not be quickly effected"
Weekly bank ciearinEs. ss.sss,sse,oeo.
Omaha daily bee., 1921-12-03
Live Stock
nrcHIRrs--cAla.

at ths Union stock yards. orahs, Mob.
for - hours ending ~ . .. m. Deem
her
Omaha daily bee., 1921-12-03
Market Financial and Industrial News Of the D;
Omaha Produce

Furnished by State OF Nebraska. de-
psrtment OF agriculture, bureau OF mar
kels and marksstaSi
Omaha daily bee., 1921-12-03
Chicago Potatoes.

Chicago. Dec. observation-disclosures: re.
ceipts, IS cars; total United States ship
ments 460 cars: Wisconsin bulk, round
white. u,S50i.so awt.: Ditto. sacked
i.500l.7s ewt.: Minnesota saeked. round
white, $f.60@1.75 cwt,; Red Rivers. sack,
ed. t1.4s@1.So cwt.: Michigan bulk. 31,7t
Q1.SS cwt.;
Omaha daily bee., 1921-12-03

Following are today's rates Of exchange
~ compared with the par valuation. Fur
nished by the Peters National bank:
Omaha daily bee., 1921-12-03
New York Coffee,

New York. Dec 2.-rhe market for
coffee futures was irregular today. owing
months relatively firm. ewing to recent
bullish crop advices from santos After
opening . points lower to I points higher.
active months sold to points below
last nights clcsiag figures. bvt the late
deliveries rallied in TIE late trading. ow-
ing to higher cables from Santos. March
sold At o.ssc early and reacted to SITE.
while September contracts sold UP from
net six points Awer TO IA points higher
Sales we're estimated At about $4,000
bags December. s.ssc. January. a7sc;
March. Gs.c; Jelly, SIC: September
SAFE
Spot Coffee-Quiet, but steady: Rio Is.
..6lkc; Santos As. liz 6l3he
Omaha daily bee., 1921-12-03
New York Quotations

Range of prices of the leading stocks
furnished by Logan Bryan, Peters
Trust building:
Omaha daily bee., 1921-12-03

Duluth. Dec 3--Linseed-On track,
s1.ssA eLt,h; arrive. sl-soh,
Omaha daily bee., 1921-12-03

Ieudon, Dec 3-Bar silvsr-sshd PET
ounce
Ncney-.k per cent
piscount Raeee-Short bills. ~ per
CENT 1bres month bills, 1i-ls per cent.
Omaha daily bee., 1921-12-03

New York. Dec. a-whiie there was
no chanfe in local raw sugar prices on
tie spot from ssIk o4-ilc for centri-
fuSaL the first sale of the new crop
Cubss was reported consisting Of ss.eoe
loadiuK ut Sc T. o. T.. Cuba TIE iewest
price recorded in . number OF years
Raw sugar futures closed to points
net higher. with January ana Aafcns
sIsc: May. :.3ec, and july. a&ec.
Omaha daily bee., 1921-12-03

New York. Dec G-Evaporated Ap-
pies-Fvw offered
Prunes-Inactfve.
Aprtccts and Psaches-fhn.
RayaAwn-NeadY
Omaha daily bee., 1921-12-03

KaaAas City Hay.
Kansas City. Dec. 3-Hay-U1 changed.
Omaha daily bee., 1921-12-03
London Wool.

London, Dec. AT the wool auction
Gales today 9.s15 bales were offered. There
was large attendance OF buyers and
the small selection was virtually all sold
at current rates for the home and con-
t!nental markets.
Omaha daily bee., 1921-12-03

Bar Silver.
EewvYork. Dec. 2.-Siiver-Foreiru bar
s7Ec: Mexican dollars. s1hc.
Omaha daily bee., 1921-12-03

CHICAGO CLOSING PRICES
BY Updike Grain Co. DO 1927. Dec. 2.
Art Open. High. Low. Close. Yes.
Omaha daily bee., 1921-12-03

MuHey-CIose. per cent; Thursdayg
close, 5 per cent
Marks-close. .oo4sh; Thursdays close.
.eesfH.
Sterling = Close. s4o7A: Thursdays
close, $403L
The New York herald., 1921-01-23
CONSOLIDATED EXCHANGE.

Liquidation based on unsatisfactory oil
and iron trade advices induced average
declines OF to points in active steels,
equipments and liquid fuels during last
weeks Consolidated Stock Exchange
trading, while few motors and spe-
cialties registered net gains OF 1 to more
than per cent The rails, except local
transactions, were materially lower.
some of the after issues averaging
gains of about per cent
General Asphalt rose 71a to 63h
United States Rubber q to 6s1a. United
States Food 2k to 25. Sears-Roebuck
2h to 93A, Famous Players TO 57H
Studeba<er to 54%. Pierce Arrow l
to %, Chandler Motors 1 TO 691a, Amer
lean International ~ to 47h, Texas
and Pacific Coal and Oil 5% to 34A
California Petroleum 6A to 35h. Brook
lyn Rapid Transit 2ia to IA, INTERIOR
ough Consolidated preferred to 14h
and Third Avenue 3 to 17M.
Mexican Petroleum yielded Az TO
157h. Pan American 1 u TO 74h. Royal
Dutch of New York PA to 6514, United
States steel az to 80. Crucible "a to
90, Republic 5is TO 64h. Bethlehem
steel B 3Ts to 55is, vanadium 10
37is. Baldwin Locomotive 2% to so.
Reading Az to say. Southern Pacific
~ to 96%. st. Paul IL TO 2Sss. New
Haven I X TO 201s and Northern Pa
cihc 1 "a to S2ta.
The New York herald., 1921-01-23
FINANCIAL NEWS
AND COMMENT
Industrials Gain a Short Gov
ering i'm Stocks-Bank
Deposits Drop.

The movement OF reaction was con-
tinued for time in the stock market
Yesterday, but before the close of bust
ness sufficient short covering came along
to carry the more active industrial Is
sues above their lowest quotations. Tho
product was a highly irregular price
list. in which net declines were fairly
we'll offset by increases. The local trac-
industrials in that speculative purchases
appeared In volume comparable to those
of the day last week following news that
the Legislature OF New York would be
called on to increase street railway
fares. Brooklyn Rapid Transit and In
terborough Consolidated preferred ad-
vanced more than point.
1t looked as though considerable real
izing came into the bond market. urged
perhaps by the stronger tendency OF
money rates in the last days of the
week. Liberty bonds and Victory Notes
declined to a degree sufficient to make
the list look heavy, without disclosing
any pronounced pressure. French eN-
change continued it's buoyant progress,
selling at one time as high as $50,
against Fridays closing quotation OF
s.74 Sterling declined cent and other
European rates did very little.
The reason why call money advanced
70 per cent. for renewals on Friday
was clearly set forth in the weekend
bank statements. Heavy Withdrawals
Of deposits were shown by the Clearing
House institutions, the decline OF de-
mand deposits amounting to $ss,sS5,ooo
in the report of actual condition on FRI
day. AS average movements during the
week contained fall of more thar
& 90 .o0o. 900 in demand deposits and OF
s11 200. 900 in deposits on time. refer
ence to the Reserve Banks statexnen
showed that the member banks hac
acted to improve their position TOWARD
the close of the week by substantial
borrowings at the central institution
Rediscounts of all sorts increased more
than s72O00,o00. Loans by member
banks increased sci. 1.49s,ooo and. partly
through a gain OF s2,3O1,ooo in reserve
at the Reserve Bank, the excess reserve
of the Clearing House institutions ex'
banded s14.50o, 900. The Reserve Bani
lost a substantial amount Of gold, being
part of the process of the movement OF
funds away from New York. The total
gold reserve declined s62.5oo, 900 and ag.
gregate reserve receded $36,00o,0o0. A
net deposits increased s9,So0.oo0. gain
not entirely offset by decline OF
s7.1oo. 900 In circulation. the ratio OF
cash to note and deposit liabilities re-
ceded no less than 25 per cent. to 3S.l
per cent.
The bank statements change the
aspect OF the money situation rather
sharply. compared with the situation a
week ago. Then the movement was
toward greater ease, as evidenced ny
call loan rates in the open market under
s per cent. The statements made IL
evident that as soon as temporary loans
show a marked difference from. COM
mercial loans and short term invest
ment yield, funds flow away from the
call loan market at New York.
The New York herald., 1921-01-23
AID TO HAVANA BANK
REPORT IS DENIED
Guaranty Trust Co. Official
Says No Truth in Rumor.

Albert Breton. vice-president of the
Guaranty Trust Company. in a formal
statement said Yesterday that there was
no truth whatever in the despatch from
Havana stating that the Guaranty Trust
Company was expected to lend financial
aid to the Banco Nacional de Cuba. Mr..
Breton continued:
"The Guaranty Trust Company has not
been approached concerning such n
proposition by the Banco Nacional de
Cuba and there are no negotiations of
that nature pending. We. of course.
have friendly feeling for the Cuban
situation and toward this institution
and will be glad TO do anything In our
power to be of assistance In 1t. 1t is
our belief. however, that this is primarily
a Cuban Government problem. in which
our own Government Is, of course. much
interested. American banks will no
doubt be glad to cooperate fully il called
upon"
The New York herald., 1921-01-23
Reserve Ratios Recede.

Reserve notes in actual circulation con-
tracted to the extent Of $1,000. 900, which
by no means was commensurate with
the loss in gold reserves, which de-
creased from s431.971,000 to 1884,
475,000. owing to the outflow of funds
to the interior. Consequently reserve
ratios fell off. the percentage Of total
reserves to deposit and Reserve note
liabilities combined receding from 40.6
per cent. to 3S.1 per cent. and the per-
centage of reserves to net deposits. after
deducting 40 per cent for gold reserve
against Reserve notes in circulation, re
ceding from AIS to 35.7. Bills discounted
and secured by Government war obliga'
tions increased from $393.522.000 tc
$409. 163,000 and those secured by com
mercial paper increased from SAB.
052, 900 to $469 9,591, 900.
The New York herald., 1921-01-23
Heavy Borrowing Demand.

The market closed yesterday with
about the heaviest borrowing demand for
stocks Of last week. During the early
days Of the week short covering of rather
important volume had the effect of de-
creasing the demand for stocks in the
loan crowd, but after the sinking spells
of Friday and yesterday it was evident
that new and rather formidable short
interest had been built up again. Stocks
which felt the pressure Of bear attack In
recent weeks We're once more leaders in
demand for borrowed shares.
The New York herald., 1921-01-23
The outnow of Funds.

The effect Of the Withdrawals of de-
posits by banks outside Of New York
was disclosed clearly in the bank state
ments. the Clearing House statement
showing falling off in demand and time
deposits combined of $109,769,00O and
the Reserve Bank revealing loss in
gold reserves of $37,500,00O and an in
crease in member banks borrowings of
$4,000. 900. An unfavorable feature of
the Clearing House statement was the
failure of loans, discounts, &C.. to con-
tract in line with the decrease in de-
posits On the contrary the loans. dis
counts. &C., expanded $21.500.06O.
The New York herald., 1921-01-23
A Danish Loan.

Gables from Copenhagen via London
said that the National City Company
had offered loan of s15.000,o00 to that
Danish municipality and bearing per
CO mt. at e5. but 10 developed on Inquiry
that the National City Company had
made no proposal to the city of Copen-
hagen. II was admitted that there we're
negotiations with Danish authorities, but
developments are not expected before
opening OF to-morrow's business.
The New York herald., 1921-01-23
CANADA FIXES RATE OF
EXCHANGE ON FREIGHT

OTTAWA. Jan. 22.-The rate of ex-
change on freight charges on shipments
between the United States and Canada
was fixed to-day by the Board of Rail-
way Commissioners at 13M per cent.
and surcharge of per cent. Those
rates will be put into operation between
January 22 and January 81.
The board announced that rate will
be fixed periodically on shipments to and
from the United States, regulating the
exchange from time to time as conditions
should demand
The New York herald., 1921-01-23
Gold Imports.

Kuhn. Loeb & Co announced yester-
ay that the Aquitania had sailed from
the other side with s2.40o.000 In gold
from London consigned to them. which
makes a total of $95.325,o00 for the
present movement. IL appears that no
week goes by without at least one siz-
able shipment OF gold to Kuhn. Loeb &c
Co.. and sometimes there are two.
The New York herald., 1921-01-23
TOPICS OF WALL STREET.
Belgian Governm ents.

Nearby subscriptions to the Belgian
Government SSO.0OO.000 twenty year 8
per cent bonds. as reported yesterday
In advance of the formal opening of the
subscription books tomorrow. were re-
garded as Every satisfactory" In some
cases members of the syndicate requested
that their participation be increased. In
one instance S1,500,0O0 of the bonds was
sold against a syndicate participation OF
1,O0O, 900. A small house, which was
given a participation Of $4,000. actually
took orders yesterday for S11S,000.
Those straws were regarded as an indi-
cation of the success Of the new Offering.
The New York herald., 1921-01-23
Philadelphia Bonds.

Up to the close of business yesterday
the office of the Mayor Of Philadelphia
had received twenty-five bids for the
S5,0o0,0O0 of thirty year per cent.
bonds of the city of Philadelphia, for
which proposals are to be opened at
noon tomorrow. 1t Is probable that
additional offers will be received be-
fore the time for opening the bids.
The New York herald., 1921-01-23
british Sugar Buying.

Buying of sugar by the British Sugar
Commission has ceased because of the
near approach OF the time when control
of the sugar industry by the British
Government will be relinquished, ac-
cording to advices received by Willett
& Gray. Sugar stocks are estimated to
be sufficient to last until April.
The New York herald., 1921-01-23
FOREIGN MARKETS.

LONDON. Jan. 22.--Bar silver, 39%d.
an ounce. Bar gold. 109s. Money, 5A
per cent Discount rates: Short bills,
6@6h per cent. three months bills. 6cs
per cent. Gold premiums at Lisbon, 140.
PARIS. Jan. 22.-Prices were heavy on
the Bourse to-day. Three per cent.
rentes, 59f. sc. Exchange on London.
54f. 55c. Five per cent. loan, S5f. zoe.
The dollar. 14f. 3lc.
The New York herald., 1921-01-23
Traction stocks strong.
Spirited bidding for traction securit

Spirited bidding Tor traction SECURITIES
continued in the stock market again
yesterday in the face Of the decline which
affected the rest of the list during a
greater part of the short session. The
attitude Of the new Administration at
Albany toward an increased fare for New
York traction companies is. of course,
responsible for the optimism displayed
as to the future Of those companies
which has made itself apparent in the
stock market during the last week or so.
The New York herald., 1921-01-23
Canadian Bond sales.

Canadian bond sales in 1920 reached
s324.s14,667. according to the Monetary
Times. That total was made up as fol-
lows: Government Gall ProvinciaD,
$125,993,00O; municipal. $56,371.39i; !;
railroad. $96,500,000. and corporation.
$46.05O.276. In the absorption Of that
large amount Canada participated only
to a small extent. More than two-thirds
Of it. or s223, 3,0s4,o00. was taken up by
United States investors.
The New York herald., 1921-01-23
Inquirfnx for Locomotives.

Among the roads which have inquiries
in the market for locomotives are the
Montour Railway. three mikados; the
Northwestern Pacific, four to six freight
locomotives; Pittsburg and West vir-
ginia, three ten wheel switch engines |;
New Haven. ten eight wheel switch en-
gines. and Richmond. Fredericksburg and
Potomac, one eight wheel switch engine.
The New York herald., 1921-01-23
Anthracite Shipments.

More than 6,436,320 gross tons Of an
thracite were shipped during December
against 5.675,347 in November. accord
ing to the report of the Anthracite Bu-
reau of Information. There were twen-
ty-four working days during the month.
producing an average of 26s.1S0 tons
daily shipments. The average daily
shipments in November were 274,540
on twenty-one days.
The New York herald., 1921-01-23
Standard Gas.

The Standard Gas and Electric Com
pany and its subsidiaries sold to Gus
toners during 1920 under the partial
payment plan s6.343,050 par value of
preferred stock of the former. the larg-
est amount in any single year since the
plan was inaugurated. Total sales of
all of the securities we're SS,439,400.
The New York herald., 1921-01-23
DIVIDENDS.

Stock of
Record. Payable.
Brompton Puip-Paper. O..
k1.IJ ..........ss.s4s.sss jan. Oh reo. 10
Chi, ST. Paul. MINI, Oma-
ha Ry. Co.. =. a., $3.50. FOB. FEB Il
Chi, 81. Paul. MINI. Oma-
ha Ry. Co. y. a, $3.50. .Feb. FEB. II
Hood Rubber Co. pf.. a" 80 :.
S1.1o ....sssssss Jan. ~ req.
Iron Products, a., &2...... Feb. Feb. Is
Marat Sugar. a., $3.50. Feb. 10 Mar.
Standard OIL OF Ohio pf. a.,
si.T5 ............... Jan. 2S Mar.
Tobacco Products Corp, a.,
S1.JO ..s...s.s..s.ssssssss Jan. 81 reD' 10
The New York herald., 1921-01-23
SIDNEY RHEINs STEIN ELECTED.

Sidney Rheinstein has been elected
member of the nominating committee of
the New York Stock Exchange to sue
coed Samuel M. Goldsmith, resigned.
Thomas Il. Forrest has been elected
chairman Of the committee and Devices
w. Dilworth It's secretary.
The New York herald., 1921-01-23
EXPORTS FROM NEW YORK.

Exports from New York yesterday
Rye, 362.i76 bushels bacons. 100000
lbs. grease $4,000 lbs. oatmeal, $3.50
bbls. cottonseed oil. 100000 lbs. flour,
2g.642 sacks; lard, 1,056,920 lbs.
cheese, $1,000 lbs. alcohol, $50 lbs.
lubricating oil, t1o,150 gals oil cake,
6,c5f 400 lbs.
The New York herald., 1921-01-23
American Druggists Syndicate.

The directors of the American Drug
gists Syndicate have passed its semi
annual dividend of per cent, due at
this time, on it's capital stock. No
statement in explanation of that action
was forthcoming.
The New York herald., 1921-01-23
Orders steel Rails.

The Virginian Railway has ordered
5000 tons of steel rails from the United
States Steel Corporation.
The New York herald., 1921-01-23
COFFEE CABLES.

Rio was 30 reis higher for May. Dollar
lower at Old. Receipts. 1000 bags, and
stock, 453.00o bags. Santos futures 125 to
200 reis higher. Receipts, $4,000 bags, and
$4,000 bags. against 1900 last year and
%. 600 two years ago. Sac Paulo had ~. 900.
against II 900 and $4,000, and Jundiahy
q 900 against 10000 and 5000 bags re-
spectivcly. Rain in four districts of Sac
Paulo and cloudy In one. Cleared from Rio,
9 400 bags for New York, $500 for Balti-
nlnrc a nd 300 for l'nnndn.
The New York herald., 1921-01-23
SUGAR.

The raw sugar market was quiet yes
terday at unchanged prices. Refined
sugar demand was about steady List
prices of all interests were unchanged
at 7.75c. regular terms.
The range OF prices in yesterdays
sugar futures market follows:
The New York herald., 1921-01-23
FAR EAST.
SOUTH AMERICi
CANADA.

New York funds 10 Montreal, si36.25 pre-
niun per 81 900. Montreal funds In New
York, si1p.a1 discount per ST. 600.
The New York herald., 1921-01-23

Official bar silver In New York. domestic,
9gisc. an ounce. unchanged: foreign. 669sc..
off atc.; London. 39&d.. off I'D; Mexican
dollars, J0Stc., unchanged.
The New York herald., 1921-01-23
COFFEE.

The range OF prices in yesterdays cof-
fee futures market follows:
The New York herald., 1921-01-23
CLEARING HOUSE STATEMENT.
SILVER MARKETS.

Clearing House exchanges. S133,G36 2I8
balances sT3. .15T,12i: Federal Reserve credit
balances, S63 090,801.
The New York herald., 1921-01-23
OPEN MARKET RATES.

Prime eligible acceptances. on call. 81 re
discountable at Reserve Bank. 90 to 30 days
bJ.fi5N: non-members and private bankers
eligible, 60 to 90 days. 6i4u8: non-eligible
GO 10 90 days, sITizc.
The New York herald., 1921-01-23
NEW YORK STOCK EXCHANGE QUOTATIONS
SATURDAY. JANUARY 20, 1921.

1921.
ear TO date Observation-Disclosures. 12SS5,52S
The New York herald., 1921-01-23
MONEY MARKET.
SATURDAY, JANUARY %, 1921.
CALL MONEY FOR THE WEEK.
DISCOUNT RATES. RESERVE BAN

Commercial paper, Is days, Z: i6 to %
days. I. Liberty bonds and Victory notes
Is days, o: ie 10 90 days. 0. Bankers ac
ceptances IS to 90 days, o.