davidaulloa/AmericanStories huggingface dataset:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
TONE IN WHEAT
Is FIRMER AS
TRADE BEGINS
tRy Consolidated Prees.l

Chicago, May Trade in wheat
was of moderate volume but the
undertone was firm during the
early trading. Some reaction was
noted in the later trading. At the
start the market was trying to find
leader but later some buying was
encouraged by the crop estimates
or Goodman and Snow. The for
mer estimated the abandoned acre
age at Is per cent and the crop at
SGT 100000 bushels and the latter
an abandonment of 11.6 per cent
and the crop at $50. 000. 900 bushels.
There were 1,365.000 bushels of
wheat delivered on May contracts
and this all went into the hands
OF interests well able to finance the
grain. The May delivery led the ad-
vance and it looked as if shorts
were disappointed over the size Of
the deliveries. Weather was more
favorable for the growing crop.
Cables We're firmer for futures de-
spite the increase Of 1884. 900
bushels on ocean passage Domes-
tic milling demand for wheat was
slow but the seaboard reported a
good business in old Manitoba's
and new crop winters.
Corn held firm from the start.
There was some buying early by
Armour Of the May while indica-
tons for a reduction of nearly
100000 bushels in the visible
supply encouraged buying of the
late months. Offerings were not
heavy. There was an excellent do
nestle shipping demand in demand
but shippers bids were hard to get.
Receipts were heavy. There were
deliveries of 100000 bushels On
May contracts.
Oats we're firmer with other
grains. July was depressed be-
cause of the transferring of hedges
into that month. There was a
broader shipping demand in evil
dence. Deliveries on May contra cts
were 100000 bushels. Lard was
lower because of May liquidation.
Ribs were firm on scattered buying.
Wheat closed is @2c higher;
May, 1.41h u; July, 1881 @12S13;
September, 1873.
Corn closed Il @1c higher; May,
617sc: July, 65Ss g65Ac: Septem-
Der, 6S1kc
Oats closed unchanged to CSC
higher; May, 3sBc; July, 1913;
September, 401hc.
Pork closed unchanged; lard, I'M
changed to 21ac higher, and ribs
zoe higher.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
Curb Market
BY STUART 2. WEST
Copyright. 1922-s

New York, May There was a
large accumulation of buying or
ders over Sunday and as a result
the curb market started the week
with renewed strength and activity.
Oil shares were again leaders with
the so-called Standard Oil groups
advancing sharply, including
Standard Oil of California, Stand
ard Oil of Kentucky, Prairie Oil and
Gas, Galena Signal and Anglo
American. Among the buyers of
these stocks were some of the
prominent stock exchange houses
many of which have been inactive
on the curb for some time.
The Wyoming oils also were in
demand, especially Salt Creek Con-
solidated, Salt Creek Producers
and Mountain Producers, the latter
reaching a new high record. Mex
lean Seaboard was. strong on the
announcement of the declaration
of another monthly dividend of 50
cents a share and the action of the
directors in voting to retire an adj
ditional $1,000,000 OF its z per cent
debenture bonds on May Is. Fans
land was influenced by the ane
nouncement that the company Is
drilling a we'll on a $50 acre tract
adjoining the much discussed tea
pot dome. Kirby Petroleum and
Maracaibo encountered some SELL
ing but moved off only fractionally.
Hudson Motors and Dubilier Con-
denser were the leaders of the
miscellaneous group, both reaching
new home will be in Sigourney,
new high records. Goldwyn Pic
ture was fractionaly higher. South
ern Coal and Iron and Acme Coal
continued to reflect an excellent
demand. Federal Land Bank sold
at 104 in the early dealings and
there was a good inquiry for D. and
r. c., Brooklyn City Railway and
American Light and Traction pre-
ferred.
Mining shares were active and
with the low priced issues the
leaders.
Gonds were firm and in good de-
mand.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
Kansas City Livestock.

Kansas City, Mo, May Cattle:
receipts, II $50; beef steers, steady
to 10 cents lower; $50 bid on
medium weights. best mixed year
Hngs, $50; she-stock, strong to 10
. higher; best cows, 6.2506.75; most
heifers, 6.500750; calves strong;
choice vealers. 800; stockers and
feeders, steady to strong; stockers,
S.25; top feeders, 500; other
classes, mostly steady; Gamers,
3.00G350; cutters, 4.25Q475; bulls,
4OO0475.
Hogs: receipts 1000; opened
slow, unevenly 10 to 10 cents low
er; closed active, 5 to 10 lower;
shippers bought very few; 1870 to
275 Founders, 10.15010.25; bulk
sales, 9.90@10.25; packer top, 1890;
throwout sows, S,7508.90; stock
pigs, strong, best 1850
Sheep: receipts 1900; killing
classes, strong TO % cents higher;
most shorn Texas wethers, 5000
$50; best wooded Colorado lambs,
1850; bulk, 15.25@15.5O.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
Bond Market
HY srUARr p. WEST
tcopyrsght 1e22.l

Wall Street New York, May l.
New York City fractions were tne
leaders in the bond market today
marlborough Rapid Transit SIS and
marlborough Metropolitan Az $
led the way. selling at the highest
prices of the year and even tne
New York Railways adjustments
SIS. representing hopelessiy
bankrupt property rose point.
The strength of the Interborougn
bonds and the weakness in the IN
terborough stocks drew forth re-
port that some plan OF readJust-
ment of cap was under way, Wnicn
would be unfavorable from the
standpoint of shareholder because
it would compel financial sacri-
flee, while favorable for the bond
holders. Apart from this story
however, sufficient reason Tor the
strength in the Interborough ana
Third avenue securities would De
found in the steadily increasing
earnings as the result of the ap-
plication of strict economies. Ia
vored by the decline in wages ana
supplies. The Interborough's posi-
ton has of course been greatly
strengthened by the reduction III
the onerous burden of the Manhat-
tan lease. The rise in the five per
cent bonds we'll into the seventies
is simply an expression OF con1i-
dence that the interest distribution
instead of being matter of uncer-
tainty every six months will not be
regarded as reasonably safe. Lib
erty bonds moved rather unevenly,
most of them below Saturday S
close.
Interest was focused chiefly up
on the lower priced railway issues
with most Of them up at least frac-
tionally. The Fries, except the
BIS and st. Paul's were strong.
Chicago and Eastern Illinois gen
eral SIS, Erie, Genesee River IS,
Kansas City Southern SIS and chi
cago and Northwestern 6's of 1886
all reached high prices for the
year. Chicago and Alton 3A's re-
gained about points of its recent
decline. Reading General As went
up about a point to their highest
in 1929. New Haven debenture 6's
also were strong, while there were
declines in Delaware and Hudson
convertibles and the Burlington
Joint 611's among the active favor
ties. Industrial bonds kept irregu-
lar, Cerro De Pasco SIS, coincident
with strength in the copper stocks,
rose to new top above lis and
Maryland Oil SIS, Z. S. Rubber rs
also worked higher. Consolidated
Gas rs jumped up three quarters.
Foreign governments external
loans did little. The French
bonds were firmer and it was ap-
parent that the French TVS and
SIS were not inclined to fall below
last weeks low prices of 102 and
los, respectively.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
SEEK CLUES In
Vain IN DEATH
ON HANNA GIRL
CONTINUED from First Page.)

the investigation since the first
day.
Slayer Was Eccentric.
Business matters are said to have
called him out of the county and
the inquiry has been in the hands
of the states attorney, sheriff and
Chief Bogart-
Eccentricities of character in the
person who is believed to have car
ried the body into the parsonage
are manifest in the very manner in
which the corpse law with the
hands clasped across the breast.
The supposition that the body was
kept in a cool place, perhaps on
ice. to preserve it until an oppor-
tune time to slip it into the par
sonage unobseryed. strengthened
the theory that the probable muir
derer, who laid the body out. pos
sessed a peculiar and unusual twist
in makeup.
Officials were waiting today for
a report on the analysis of the
girls stomach, in an almost for
Iorn hope of clue from that direc-
ton.
The two most popular theories
of the cause Of Miss Hanna's death
we're that OF suffocaHon held by
DIR. ]. G. Fisher, county physician.
and one Of more uncertainty be-
cause of the state of putrefaction
of the head, while the rest OF the
body was in a much better state
OF preservation
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
RUNS ARE HEAVY
IN LIVESTOCK;
TRADE is SLOW
(By Consolidated Press.l


Z. s. Yards. Chicago, May L.
Heavy runs OF cattle and hogs were
reported. Trading was slow. Aver
week, was placed at $40, or dime
above the previous week. The first
large consignment of California
spring lambs. for the season, a
leads arrived today Receipts were
estimated at $4,000 cattle, $4,000
hogs, $4,000 sheep, and 1000 calves.
CATTLE.
Some of the best heavy steers
sold nearly steady. but the general
sale was weak One load of steers
sold at 9.15 while others went at
900. Bulk sold at 7.500S.50. Cows
and heifers showed little change.
The market had a weak undertone.
Bologna bulls we're strong, some Of
the best going above 500. Calves
were steady to weak. Packers took
most of the vealers at 7.509S.00.
HOGS.
Demand was slow from the start,
and prices were 10Q15c lower. The
trade was more active at the lower
values later in the day. Choice
light hogs sold at 10.55a1 1860 Good
1900 and 210 pound lots went at the
price, while 22002S0 pound stock
sold at i0.30010.55. The top of the
trade was 1865. Rough packing hogs
sold at 9.25Q950,
SHEEP.
Some sales were steady, but the
trade was weak late in the day.
Choice shorn lambs sold at 1880
Ml475. Some wool ewes made
$1,000, while good shorn lots went
at 800 on a steady market. Best
spring lambs sold at S1735.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
FINANCIAL NOTES

New York, May President
Erskine of the Studebaker Corpora
ton stated today that while the di-
action regarding increased divi-
dends at Saturdays meeting the
continued success of the company
will undoubtedly require attention
to this subject in due course. For
the first three months of 1922 the
profits after charges and reserves
for taxes were S4,069 ,S4S as against
S2,110,577 in 1921.
The net operating income of 123
class one roads for March was
s61 $4,000, an increase of $43,
200 over March, 1921.
Idle freight cars for the week
ending April Is totaled 491,513, an
increase of 70,967 over the previous
week.
The Libby Owens Sheet Glass
company declared a dividend of so
cents a share on the common stock
payable May 10 to stock of record
May 6.
The following issues sold ex-
dividend today: American Lafrance
Fire Engine Common; American
Radiator preferred; American Wa
ter Works and Electric first pre-
ferred; Burns Brothers Common a
and B; first one per cent preferred
Gillette Safety Razor; Iron Prod
ucts preferred; Kelly Springfield
Tire 8 per cent preferred; ST. Louis
first and second preferred Tobacco
Products Common; U. S. Steel pre-
ferred; Vacuum Oil; w F. Wool
worth common; Pacific Telephone
and Telegraph sold ex-rights.
Coffee was quoted; May, 9Ss;
July, 9.65; Sept, 9.65; Dec, 9.24
Raw sugar: June, 2.56; July, 2.67;
Sept, PSI; Dec, 291. Refined
Sugar: May, $40; July, $50; Sept.
6.10; Dec, 600.
Wall street broker loans now to-
tai 100000 and are close to
the level of December, 1919. The
peak point in broker borrowing was
in July, 1919, when loans were
about $1,750,000.
The net income of the New Jer-
sey Zinc company for the first
quarter of this year was s1,O86, 6O(
was against s2o4,345 in 1921.
Vice President McDougall was
elected president of Libby, Mcneil
& Libby, succeeding w. F. Burrows
who becomes chairman of the
board. Stockholders are asked tc
exchange their stock on a to !
basis by July and holders of rec
ord April IS are given the privilege
OF subscribing at par for one share
of preferred for each Is shares OF
old stock.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
Street Features
STEEL MERGERS STOCKs.


Republic Iron and Steel contin-
ued its swift advance. and Lacka-
wanna also made new high.
Again these stocks did better in
the market than Midvale, thereby
strengthening the assumption that
Midvale's rating in the merger had
been figured relatively too high.
while that of the other properties
mad been figured too low. Still not
even In the gossip Of the day was
any attempt made to guess at the
prices at which several stocks
would be taken into the combina-
ton.
THE COPPERS.
The strength of the copper
stocks at the close OF last week
and again today reflected the grad
ual Improvement In the trade, and
IN the case of Kennecott, which
ives one of the strongest and most
active OF the group. was discount
Ing the very favorable report for
1921 which is expected this week.
Kennecott's position is especially
good, both from the financial and
operating standpoints. Kenne-
cotts equity in Utah copper has
been placed at around $751;. 900, 900,
including its ownership of over 81
per cent of Utah Copper, and be-
sides the s26,000,00o net quick as
sets, equity in Braden of about
$31 100000 and in Mother Lode and
Alaskan properties. Persons who
are particularly interested in the
coppers look for merger, perhaps
after the independent steel CONSOLE
dation has gotten further along, of
at least three Of the copper COM
panies - kennecott, Chile and
Utah.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
CHICAGO Potatoss.

Chicago, May Potatoes, firm
receipts SO cars; on track 1853; to-
tai United States shipments 965
cars; Wisconsin round whites sack
ed 1.S5@2 cwt; mostly 1900
LBS cwt; bulk 195@210 cwt;
Kings sacked one car 100 cwt
Michigan bulk, 2.05@2.10; Minnso-
ia, sacked, 1.S5@190 cwt; Idaho
ruralS, 2.10@2.20; Russets, 2.25@
2-35 cwt; poorly graded, 1900
1-90 cwt: Canada long white he
brons, LIS cwt.
New stock, weak: Floriday
Spaulding Rose, double headed
barrels, No. 1, 6.50@6.55; No. 2
4.25@450.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
DryGoods Market
81 stuart l.. EST
Copyright. 1y22.,

New York, May Volume of
! trading in the drygoods market
showed improvement today with
the price levels firmly maintained.
Narrow print cloths and sheetings
were in excellent demand while
considerable business was done in
the wider print cloth constructions.
There was evidence of inquiry for
export purposes among the sheet
ings.~ Dealing in twills, drills and
fine count goods were confined to
small lots, but tire fabrics were
strong and active
The raw silk market maintained
its strength, but the trend of the
foreign primary centers did not
serve to stimulate any extraordin-
airy volume of buying here. Cam
ton crepes were the most active of
the finished silk goods.
WOOL.
Boston, May business in the
wool market was active today and
prices exhibited all their recent
strength. Arrivals of new clip
woods from the west is serving to
stimulate trade as is the mill de-
mand, also the manufacturers are
following the lead of the American
! Wooden company which is now re-
ported to be well covered on its re-
quirementS for fall. Ohio and
Pennsylvania delaines unwashed
remained around SIC, but secured
territory woods were quoted at
s110 to $3.50 for fine staple choice.
CSC to 81 for half blood combing,
74c TO 76c for three-eighths blood
combing, and 64c to 66c for quar-
ter-blood combings. The London
sales which opened today showed
prices very strong.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
GENOA MEETING
AFFECTS STOCK
MARKET LITTLE
wall street. New York. May /.


Nothing developed over Sunday
To provide the general financial
.,,uation with new incentive The
{ s,enoa proceedings meant little
while the Russian replies TO the
nronosais of the allies remained in
5fn,bt. this being the most critical
? noint now at issue. The foreign
Exchanges where political develop
ments are always most clearly
registered, reflected the prevailing
uncertainty by moving scarcely
any with the exception OF French
francs. Here there was some slight
recovery and as the pressure
against the franc let up. the SELL
ing of French government bonds
which was one of last weeks no.
: ticeabIe incidents, likewise stopped.
Both in bonds and in stocks. the
: sneculative sections were more i'm
nortant today than the investment
8 section. In the bond market, it
{ was no longer liberties, foreign
governments and the higher grade
! railway mortgages which took the
lead. These groups held their own
! we'll up to the highest of the year
hut were not inclined to gain. The
advance converged more particu-
larrIy upon more speculative is
sues like the New York City trac-
!. tons. So, too, in the stock mark
ct the buying was keenest noted
in the preferred industrial and
standard dividend paying rails as
: II has been on occasions where the
inn leo e-f
prominent. 1t rather conferred upon
such purely speculative stocks as
:. the independent steels. the motors,
: the American oils, the shipping
stocks the coppers and the rubbers
and tires Following the approved
fashion, these several groups were
!. not taken up together but one at a
time 1t was the same sort of q
market as that of a week ago and
two weeks ago, with the important
execution that operations for the
rise were more moderate and not
accompanied by the manifestations
OF popular excitement The outside
public was a factor but it was a
public made more cautious by last
weeks sharp check.
& Wall street was still in the dark
regarding the terms of the much
discussed merger of steel independ-
ents. But the mystery was a help
TO speculation in such stocks as Re-
public Iron aud Steel and Lacka-
wanna Steel in precisely the same
s9way as it was two decades ago in
Federal Steel which afterwards
made up the U. S. Steer corpora
Z ton. The components of the steel
! corporation were taken in at such
grossly inflated prices that when
the merger junior stock came out,
it declined in the marker from above
: $50 to below $40 a. share and it took
Is years of careful saving to squeeze
out the water and give the U. S.
Steel shares good rating. 1t
would be surprising if the negotia-
: tors of the new steel merger did not
/ profit from this lesson of the past.
For the first time in a week, the
: cotton market got out of its rut
and had quite a sharp advance.
& This was directly due to unfavor-
: able weather reports from the
I southwest and the same influence
: was a factor also in the wheat
market which was strong.
: Heavy selling of PETERBOROUGH
, Consolidated stock at the time tie
! various bond issues were advanc-
ing sharply suggested an impepd-
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
Weather Forecast

Illinois: Probably showers late
tonight or Tuesday, not much
change in temperature
Indiana: Increasing cloudiness
tonight, probably followed by
showers Tuesday, slightly warmer
tonight.
Wisconsin: Increasing cloudi-
ness, probably followed by showers
late tonight or Tuesday; not much
change in temperature.
Missouri and Iowa: Probably
showers tonight and Tuesday,
moderate temperature.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
PACKERS'LAW
is HELD VALID
Act Of 1921 Affecting Packers and
Stockyards Declared COnstitu-
tiOnal by Supreme Court

Washington. May 1.-The pack
ers and stockyards act of 1921 was
declared constitutional today by the
supreme court.
The court, in disposing Of cases
brought by James E. Burton and
others representing Chicago trad
ers and Stafford Brothers in be-
half of the Chicago commission
merchants, declared that commits
sion merchants, traders and deal
ers who buy and sell livestock aft
er its arrival at Chicago stock
yards are engaged in interstate
commerce.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
Chicago Produce.

Chicago. May 1-Butter: lower:
creamery extras 371s; firsts, $50
81; seconds. 1882; standards 81
Eggs: higher; receipts $3.50
cases; firsts 231a; ordinary firsts
2112 @22; miscellaneous 22h @zs:
storage packed extras 25A; storage
packed firsts %.
Poultry: alive, lower; fowls &c;
broilers 1896: roosters JIG,
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
Liue Stock
Chicago Livestock.

Chicago. May Cattle: re-
ceipts $4,000: beef steers, slow, few
early sales strictly choice, about
steady, others 10 to Is cents low
er; packing Is to % lower; top
heavy steers 915: bulk 750QS.50;
She stock and stocaers scarce.
about steady; bulls, strong to 20
higher; few early sales; veal
calves 7.50Q775; look % lower;
quality plain.
Hogs: receipts 10000; fairly ac-
tive; big packers doing little, I'M
dertone weak; mostly 10 to 10 low
er than Saturdays average; top
1866; bulk 1910 to 1860; pigs,
strong, bulk good 100 to 1870 poun-
ders 9.75@10.40.
Sheep; receipts $4,000; market
opening slow around steady; un-
dertone weak; early top Shorn
lambs 14.75; bulk 14.00Q14.50; best
California spring lambs held at
1850; choice handy wooded ewes
1000; Others and shorn ewes $500
9.25.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
New York Mcnev,

New York, May 1.-Call money
firm; high Az; low 4 ruling rate
4; closing bid 4; offered at AZ
last loan Az per cent.
Call loans against acceptances
Sc Per cent.
Time loans steady; so days Az ;
80 days Az; 6 months Az @41s per
cent.
Prime mercantile paper Az @41a
per cent.
Great Britain's Society of An
tiquarfes. of London was founded
in 1874
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
Foreign Exchange.

New York. May 1.-Foreign ex
change, steady.
Great Britain: demand 4.42A
cables 4.43A.
France: demand 9211h.
Italy: demand 5.351z.
Belgium: demand Sh361A.
Germany: demand 1855.
Holland: demand 1916.
Norway: demand 1855.
Sweden: demand 1882.
Denmark: demand 2115.
Switzerland: :. demand 1888.
Spain: demand 1888.
Greece: demand 4.4S.
Poland: demand OPS.
Czechoslovakia: demand 1876.
Argentine: demand 1912.
Brazil: demand 1875.
Montreal: as 9-16.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
Peoria Cash Grain.

Peoria, ILL.,. May Corn: Re
ceipts AZ cars; unchanged; No.
white So; No. 3 white 81; No.
yellow 61@62: No. 3 yellow 600
81; No. yellow 591s. No. 5 yellow
So; No. 6 yellow 5S1s; No. 2 mixed
61@61A; No. mixed 60@60k !;
No. 4 mixed 59h.
Oats: Receipts Is cars; 1ac low
er; No. white 4S1s; No. 3 white
38H..
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01

ing reorganization of the INTERIOR
ough Consolidated and the Inter-
borough Metropolitan concerns,
which would be beneficial to bond
holders, both in the latter company
and in the marlborough Rapid
Transit company which might ap-
pear hard on Interborough Consol-
idated stockholders.
The market grew more irregular
as the day drew to an end.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
Horses and Mules.

Horses: Good to choice drafts,
$165@190; good eastern chunks,
SS5@135; choice southern horses,
S50@90.
Mules: 16 to II hands, S1758
210; ISL to 1873 hands, $140@200;
1412 to Is hands, $S50120.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
Kansas CITY Cash Grain.

Kansas City, Mo-, May Cash
wheat: No. 2 hard 1.29@1.47; No
2 red 1.29@1.31.
Corn: No. 2 white Sc, No. yell
low 56@57; No. yellow 5612.
Oats: No. 2 white 80; No. mix
ed 1914 @37h.
Rye: 50.
Barley 55@56.
Hay: unchanged.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
Peoria livestock.

Peoria, ILL.,. May Hogs: Re-
ceipts 600; steady to shade lower;
light 10.25@10.45; mediums 1015@
1915; heavies 9.S0@10.15; packing
S.50@9.25.
Cattle: Receipts $50; steady.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-05-01
New York Sugar,

New York, May Raw sugar
quiet; Cubas in nearby positions
available at 27-16 cents cost and
freight, equal to 4.04 for centrifu-
gal.
Refined, unchanged, 5.25@5.4o for
fine granulated.