NEW YORK. July 13.—The price of
sugar was reduced still further by big
sugar companies today Federal sugar
started the slash when it reduced refined
25 points to 8.60c. Its action was followed
immediately by National Sugar. Warner
& Arbuckle. This is the fourth cut in
less than a week.
FOREIGN EXCHANGES
NEW YORK. July 13.—Foreign ex
changes Irregular. Quotations in cents:
Great Britain, demand 4.59 6-16. cables
4.69‘A, 60-day bills on banks 4.56 9-16;
France, demand 6.88. cables 5.88l,£; Italy.
4.28 and 4.28 »*; Belgium. 4.88 and 4.88f,.»
Germany. .0004 and .0004 8s; Holland.
39.15 and 39.18; Norway. 16.29; Sweden,
26.46; Denmark. 17.48; Switzerland. 17.26,
Spain. 14.29; Greece. 2.75; Poland. .0008 ;
Czechoslovakia. 3.00; Argentina. 34.50;
Brazil, 10.60; Montreal. 97 7-16.
METALS
NEW YORK. July 13.—Copper steady;
electrolytic, spot and nearby, 14 \ ® 1 4 T*>•
futures. 14 84® 16c. Tin easy; spot and
nearby, |38.25; futures. $28.12. Iron eas
ler; No. 1 northern. $26®27; No. 2 north
ern. $26.60 @ 26.50; No. 2 southern, $240-7.
Lead quiet; spot. $6. Zinc steady: East
St. Louis spot and nearby, $6.29@6.26.
Antimony, spot. $6.85<0>6.9O.
BOND MARKET
INITED STATES BONDS
(On Stock Exchange)
Readers should note that Liberty bonds
are quoted in dollars and thirty-seconds
of dollars instead of dollars and cents.
The fractions are designated by giving the
numerator only.
Sales (in $1,000)
141 Liberty 3 %s
8 4 do 1st 4'*a
333 do 2d 4‘is
10)62 do 3d 4 % s
92 5 do 4th 4 ‘'4 s
369 U S Gov 4 % s
High. Low. Close.
100.15 100.12 100.12
98.14 98.10 98.12
9H.15 98.1 1 98.15
9 9. 93.24 99.
