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Show I HP'S MMKETS 1 New York, Jan. X. Less than 200,-000 200,-000 shares changed hands In the first hour, all on a declining scale after the Initial advance. Steel made an extreme loss of 2 3-8 points from its best with 1 to 2 for Crucible and Lackawanna Lack-awanna Steels, Westinghouse and Utah Copper and 2 to 4 for Baldwin Locomotive. Industrial Alcohol, Atlantic, At-lantic, Gulf and West indies, Pi ta company and Cuma Cane Sugar. Dealings Deal-ings in rails were generally at price concessions with pronounced heavi-ne.s.- in Canadian Pacific and New Haven. Ha-ven. Business was duller in the second sec-ond hour with a few irregular recoveries. recov-eries. Bonds were steady. There was a gradual hardening of prices during the early nfternoon market leaders, including steel and representative rails gaining s point or more. Trading, however, was apathetic and increasingly narrow. METAL PRICES New York, Jan. 8. Silver, To l-4c; lead. 17.4007.60; spelter, $9.37.5; copper, cop-per, $28. GOft 32.50. CHICAGO GRAIN. Chicago, Jan. 8. Prospects of continued con-tinued heavy exports and of diminishing diminish-ing stocks in the United States led today to a general rush to bin wheat Apparently a majority ot dealers predicted pre-dicted thai the outlook was for a continuance con-tinuance of the war and that the need ot supplies in Great Britain and other European countries was increasing. In this connection, bulls put emphasis on reports of the large number ol es .-els available now to move grain. Opening prices, which ranged from, 5-8 to 2 3-8e higher with May at $1.86 1-2 to 1 8H 1-2, were rollowod by n moderate reaction and then a fresh upturn. Corn ascended with wheat and soon crossed above $I.U0 a bUBhel. Notwithstanding Not-withstanding the exceptionally high prices, country offerings were reported report-ed to be light. After opening unchanged un-changed to l-2c up, the market Bagged a little, but later scored salnB all around Oatl followed the advnnce of oth r cereals. There seemed to be no pressure pres-sure to sell. Higher quotations on hogs lifted provisions. Commission bouses headed head-ed the buying. Iin li attention on the part of bulls was given to th full text ol remai I. whirl, Lloyd Oeorg recently mad in parliament while discussing the food situation. (Jargelj as a result and because be-cause of a big failing olf in the I'nn-ed I'nn-ed States visible supply total, the market continued as a rule to show great strength The close, though, was unsettled at the same as Saiur day'B finish to 3 7-8 cents higher, with May at $1.88 1-2 to 1 88 3-4 and July at $1.53 1-8 to 1.53 1-2. Demand was based on a considerable consider-able extent on cable dispatches telling of drought In Argentina and of sensational sen-sational Jumps In price there. The close was nervous at 1-2 to 3-4c net advance. Wheat Open Close May $1.85 1-2 $1.88 1-2 July 1.52 1-2 l.o,i 1-8 Corn May 99 1-4 .99 3-4 July 98 3 8 .98 5-8 Oats-May Oats-May 57 3-4 .58 1-2 July 55 .55 1-2 Pork-January' Pork-January' 28 45 28 80 Mav 27.90 28.47 Lard-January Lard-January 15.65 15.70 May 16.07 16.17 Ejus January 14.60 May 14.92 15 07 Chicago Hog Market. Chicago, Jan 8 - Broad, general demand de-mand today hoisted the price of hog1. Choice cattle were in good request I but common offerings proved slow of sale There was a continued scarcity of sheep and lambs. Hogs Receipts, 60.000; market strong, 10 to 15c about Satui day's average av-erage Hulk, SI 0.25 fa 10.75; light, $9.9010.60; mixed, $10.1510.75; heavy. $10 2510 75, rough. $10.25 10 10; pigs, $7. 759.60. Omaha Livestock. Omaha, Neb., Jan. 8 Hogs Receipts. Re-ceipts. 11,300; market higher. Heavy, ?1 n 251 10.85; light, $1U 0010.40; Pigs $8 009.50; bulk of sales, $10.20 rn 10 45. Cattle Receipts, 10.000; market steady Native Bteers, $7.7011.50; COWS and heifers, 16.5098.50; western steers. $6.509 25; Txas steers, I5.25(g7.60; stockers and feeders, $6 259.00. Sheep Receipts, 18.500; market Bteady. Yearlings. $9 25fa 11 25; wethers, weth-ers, $8.50fa 11.00; lambs, $12 L0(g 13.25. SUGAR. New York. Jan. 8. Raw sugar firm lentrifugal, 5 39c; molasses, 4.52c, refined, re-fined, steady, cut loaf, 7 90c; crushed, 7.75c; mould A and cubes, 7.97c; xxxx powdered, 6 90c; powdered, 6.85c; fine granulated, 6.75c; diamond A, 6 75c; confectioners' A, 6.65c; No 1, 6.60c Sugar futures were fairly active on covering and support from outside interests. in-terests. At noon prices were 3 to 5 points higher. GENERAL MOTORS' DIVIDEND. New York, Jan. 8 The General Motors Mo-tors corporation today declared an initial ini-tial quarterly dividend of one dollar a share on the common .-iock and an initial quarterly disbursement of 1 1-2 per cent on the preferred stock. |