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Show TRADE IS EXPECTED TO GO FORWARD r IN1EAPS U. S. It Declared to Hare' Gone Long Way Toward i' Readjustment. A New York letter says that In the brief time since the signing of the . armistice the United States has gone a long way toward effecting the necessary nec-essary Industrial readjustment from war to a peace basis. War mi tract have been canceled by the billions, bil-lions, new war construction plsnnee haa been abandoned and the domestic TIcTHCTiTTIxaTTSri of lhearmy "and navy-well navy-well started. Most Important of all, all government govern-ment regulation of the steel Industry have been removed, effective January 1, and on the same date the war ln: duatrlee board, whose Influence In dl. recting the business oourse and l!fs of the country for month haa been paramount, will pass out ot xleteno. The new era I ahead. With the removal of wartime restriction re-striction the maximum govorament-named govorament-named steel price are canceled. Already, the cotton and wool market mar-ket have declined by more than 1 per cent, forecasting the Inexorable trend to lower level. Production of copper la far In excess of current demands de-mands so that' the price of th red metal after the turn of tho year I expected ex-pected to suffer a considerable ahrlnkage. On every hand are the slims of the time. Th certainty of lower price and possibly a reduction In the margin of manufacturing profit do not neee eerily forecast serious or permanent Industrial unsettlement. Civilian de- msna, abroad ana at home, for those ' goods whose production has been cur-i cur-i tslled or eliminated by th pressure of war la large. The reconstruction - of ICurepo will be isrgely finsnoed and therefore directed by the United ' Htatee. Onoe some semblanoe of a-' a-' stable price level le assured It I good ' business opinion that trad will Ua ' forward. NIW YORK BONO QUOTATION! , , J. A. Hogls Co., broker, furnish the . following quotations, reoelved ever their , private wires: I Bid. Asked. ' . Ateh Oenl 4s lit M B Ai O Uold 4s II (1 Bath Steel Hef ts 174 MS Cent so 1st 4S Il l"4 C B Q Jt 4 KH ii HI Paul Gen 4Hs 17 t C N W Osn te ...... IS 17Uj LAW Cnl 4s II K4 New York Rr le ll in, Nor Pan P L 4 17 Its - Reading Oea 4a 17 He Mfe Ln I'so 1st 4S M I . II 8 Steel le M 100 . U P 1st Ref 4 Ill, II ITCVll 10iu 102; "PCVil tt. lV I'snn Con 4Hs ,,. H esu Penn Cen 4tt 'H fi ' C O C V Is 17 IIH O I Ml 17 tt Ang French Is Oct 1110 MS MS H K Uss Nov 111! .... MS MV II K ISs Feb lilt .... ' loots 100? II K lISs Nov 1121 .... M A V Bee is Aug 111! .... MS Rep Francs Is mil .... 110 ln 1'srls (s Oct Itll .... MS e ' Msrselllee Is Nov 1111 .. 100S 11 ' Husssln Ext ISs 1111 . si 44 i Russlsn Intl ISs 1121 .. 141 117 bom is Aug 111! !om is Apr 1921 17 M Pom Apr lilt MU itu Pom te Apr 1!l M IT Argentine 4s May 112 . ' MS China 4s Itll M IS ' Pom Is 1417 , IS MS French ISs 111! 104 104U V H Lib Losn ISs M.00 M.o U II Mb Loan 1st 4 .. 11.14 II. 1 17 sj Lab oLsn Ind 4s ,. II. M 11.04 tj Lib Loan 1st 4Ss .. 17.10 17.40 V 8 Lib Losn 2nd 4Ss ll.lo ll.s 17 Lib Ixwa Ird 4Sa M 01 M.04 U LI Loa 4th 4Ss M.le M.K KANSAS CITY CORN. By Aisoclsted Press. K ANA AS riTT. Ma. nee. U.Corr IWmbr, f 1 4; Januarr. $1.4?Sl Kebruss7. $1.401.40 I March, $1.40. ( UtCMTV BONDS, y Aseoclate-i Pre as. NFW TURK, Ie-rnr FtharprTM 9f T.lherty Itonds todsy were: ISs. IM.14, first convertible 4a, 13 1; serortel 4s. vt W: first rotiTertlble 4m. $7.41; second sec-ond ronvertthle 4s. t.2; third 4m. Iti&.M; fourth 4s. $S.44. |