Omaha daily bee. (Omaha [Neb.]) 187?-1922, June 18, 1911, EDITORIAL SECTION, Page 10, Image 18

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    6MH M PRODUCE MARKET
JLaJkJn Spring Wheat Belt Putt End
. to Pry Weather Talk,
wnnxa reports comicmo
Crop Reports Art Uniformly Faver-
, nble Om Carat Belt Tempera)
fWMwm je-ra avare-era- eaiet www
JlnJaa IUt Fallen.
OMAHA, June n, 19U.
Wheat had a weaker tone today, reins in
the spring wheat belt hava ben sufficient
to end tha dry weather talk from that
quarter for some time to come. Report
on the winter wheat yields ara conflicting,
but on tha whole a big crop la being con
ceded. Free Canadian wheat in the near
future Is another reasonable bearish fea
turn and hedging sales of new wheat will
be heavy. Natural Influences air on tha
aide of the short aellera.
Temperatures over the corn belt are
lower and fairly good ralna have been re
ported and crop reports are uniformly
favorable. The country movements con
tinues large while cash values are declining
dally.
Halns and cooler temperatures gave
wheat an easier tone, selling by longs on
more favorable conditions being the feature.
Cash wheat ruled unchanged to He lower.
Com followed wheat and eased off In
face of some good support on the break.
Cah com was VJH lower.
Primary wheat receipts were 291.000 bu.
nd shipments 17,000 bu., against receipts
last year of 282,000 bu. and shipments of
115.000 bu.
Primary com receipts were 886,000 bu.
and shipments were 4Ti8-.noQ bu., against re
ceipts last year of 463,600 bu. and ship
ments of 660,000 bu.
Clearances were 1(9,000 bu. of com, none
of oats and wheat and flour equal to 163,000
bu.
Liverpool closed higher on wheat
and unchanged, to d higher on corn.
The following cash sales were reported:
Wheat No. 3 hard: 1 car. 83e. No. 3
bard: 1 car, 814o. No. 8 mixed: 1 car, 8Se.
Com No. 2 white: 1 car, 63c. No. t white:
t cars. 53c. No. 4 white: 1 car, 62 So. No. I
r-ellow. J cars, 614c. No,, 3 yellow: 8 carw
lc. No. '4 yellow: I cars, 61c. No. J
mixed: 1 car, 6l,o. No. t mixed: 19 cars,
62i&3c; No. 4 white, 62fifc2Hc; No. I color,
604c. No. 4 color: 1 car, 63c; 1 car. He.
No grtvlet 1 car, 4Sc; 1 car. 43c.
Oat No. 4 white: 2 cars, 8714c; 1 car,
86a No. 4 yellow: 2 cars, 3flV4c. No grade:
1 car, 36c; 1 car, a&Ho.
Omaha Caab Friers.
WHEAT No. t hard, 82ftS&Hc; No. I
hard, M444c; No. 4 hard, 7Wo2c; re
acted hard, 64(76c: No. 3 spring. 83H(9
WHo; No. 4 spring, 8mS4c; No. 2 durum,
laWiikHUt; No. 3 durum, 784-(&7!,4c.
COHN-No, t white, 624&-f3c; No. S white,
62VtfMo: No. 4 white, f&u&V,o: No. 8 coolr,,
62A"i6i,o; No. 2 yellow, 6lMirHe; No. 3
yellow, 6IHfT51lo; No. 4 yellow, 604u61c;
No. 2, 61H'kj1Sic; No. 8, 61'.4ii01c; No. 4,
tO'H'SOHo; no grade, 4A849C.
OATS No. 2 white. JKJS'ie; standard,
S7V(86c; No. 2 white, 87fi37c; No. 4
while, Jl6V4!i,:r7Hc; No. 3 yellow, 3tt&37iic;
No. 4 yellow, 3633flMtO.
BARLEY No. 8, 7515850: No. 4, 7080c;
No. 1 feed, &&7rie: rejected, 60T70o.
RYE No. 2, 8091c; No. 8, siK&SOc.
Carlot Receipts. i
Wheat. Com. Oats.
Chicago
M mm spoils
Duluih ,
lulutn
21
475
K8
230
26
26
CHICAGO GRAIN and provisions
Features of the Trading; and Closing
Prices on Board of Trade.
CHICAOO.' June 17. Favorable weather
gave the wheat market today quite a de
cided down turn. Compared with lant
night the close was -Sit Ho off. Other
cereals, too, showed a net decline corn
ftc to Vtc and oats a shade to 'io. For
hog products the outcome varied from 5c
lower to 5c advance.
Heaviness in the wheat market developed
right from the start and waa promptly
taken advantage of br shorts, who wished
to do week-end evening up. After this
support waa reaped longs of the smaller
kind made an effort to unload, but found
the buying force altogether Insufficient.
Uesldes the weakness due to timely rains
the market, according to the bull view,
had-many another serious ailment. - Round
lots of new wheat. No. 2 and No. 8, were
being offered here,, very freely ta arrive.
For example, one sale of 100,000 bu. to
reach Chicago In July waa recorded at
tfeptember delivery flgurea. In addition
the bears were encouraged by an Improved
outlook In Nebraska and because of denials
cf alloged crop damage in Russia. There
wns no sign, however, of any Important
unloading on the part of the leading bulls.
1 Hiring the session July fluctuated from
StHtio to 87'iC. with last trades V'STo down
at 86rx,o.
Corn prices dipped on account of rains in
the larger producing states. September
ranged Between 660 and 6lc. with tha
cloning o down at BSHo. Cash grades
were in fair demand. No. 2 yellow fin lulled
at &4Vfei4Q.
The oats market responded somewhat to
the reports that the crop had been bene
fited by muisture In the nick, of Unix
High and low points for September were
Hc and 3Tt.r, with the close at 39V, a
Bet loss of Vk'do.
Trade In provisions nearly vanished. A
nlc-kel either way measured the extent to
Which the market would budge.
Prices In Chicago, furnished by the Up
dike Grain company, telephone Douglas
2473, "08 Brandeis building, Omaha:
Artlcles. Open. HUrh. Jxw. Close. Yej-y.
Wheat I
July... 87(87 S74
Kept... fii'4Hffle 37',i
Dec... 8!4rt,'V9VTfe
8mi fw
Mi;86V4f'S
H7fii
corn
July
.6414
644
M
644
66.
544,
667;
64
54ff56
Kept.
, 63Hi56
I ec . ..
o
55
Cats- 1
July... 37T4SSX
Sept... SiVu39
. Ieo....404Wi
Pork I 7
July... IS 26 I
Sept... 15 15
8 15
Sept... ISO
8 80
Hept... 8 25
3738(g3SW
SRleST
SW'a
33g
40
,40iSi
15 25
15 15
8 15
8 30
8 30
8 25
15 22f 15 12,
15 27
U 1.'
8 12
8 27
27
8 22
u u 16 15
8 13
8 15 .
8 27
8 25
8 25
8 20
27
8 22
. Cash quotations were as follows: .
, ,N,",y; winter patents, 3.80(
Z.:,' io; spring straights,
83 W.d4.10: bakers. 33.3iii4.80
R Y K No. 2. Wc.
UAlilJiy Feed or mixing, TM'Sbc; fair
PKEDH Timothy, jK.uOim.OO: clover, 315.76,
I'KUVl.siONh ileus iHirk, per bbl., 315.50
liio.io; ira, per iw ius.. s.iu; short ribs,
sides, loose, 87.50fiS.7&; short clear - sides
bi.xod, 8s.UWi8.25. v.
Total clearances of wheat and flour were
Hiual to 163.000 bushels. Prtniarv reoeiut.
were 8!3,000 bushels, compared with 2Si.6oO
uuHiieia me correeponaing day g year ago,
Kittlmated receipts for Monday: Wheat
13 cars; corn, 530 cars; oats, 184 cars: hogs'
41.oue head.
Chicago Cash Prices Wheat: No. 2 red
ffrVuNic; No. 3 red, 86it(.S7c: No. 2 hard
rTVtfcs No. 3 hard. 8?.'g87c; No. 1
northern eprthg. Mil We; No. 3 northern
prlnK, Mwiwc; No. 1 spring. 8N(jtli3c. Corn:
. ' ... . vwv.., i. . . u .noil, 1 i I), t ,
No. 3 white, 64tiat1c; No. 3 white, 54,j
54o; No. 2 yellow. M54c; No. 3 yellow
I4u4c. Oats: No. 2 cash, Sic; No. 2
white. 31'u ic ; No. 3 white, av,i:isc; No.
6 white. 37i:ttlc; standard, Ss1n;,e,
BiTTTF:R steady; creameries, IsuEc'
dairies. .Ifa2ivc.
K18 Rtcelpta. .lS.td caes. Market
strady; at imtrk, ca-s Ineluited, llnj,ilc:
III tun, IV; prime firsts. 14c.
4'llliKSK rtady; dalwles. ll11c;
twins, li.wllc; Youns Americas, 11-4.4j.Uc;
long hoimt. Iltil2c.
POTATOES Steady; old. 31ftlf(l.lft; new
12 l;V.i a a5.
I'ol'LTRY Live, easy: turkevs. ' 12c;
Chirk ens. fowls, 12c; springs, lviSfe.
VKAIj Sieiuly; 6i to W-il. welghta,
8c; to hi-lb. WfUhts, 8U'Jci W to 1J0
Ib. weights, li1loo.
RYK Nil. 2. HUnK).
ItAKLK.YTmitWo.
HAY Timothy, 88.Ooe-U.60; clover, 8ftXJ
14lw.
Car Lft Receipts Today: Wheat, 21 cars;
corn, 474 cars; oats, lx cars. E'timsted
Monday I Wheat, 23 cars; corn. 530 cars;
oats, 1st cars.
Liverpool (.rata Market.
I4VERPOOL. June 17. WHEAT f pot.
No. t Manitoba. 7s 5d; No. 2 Manitoba.
Ts 3d; No. 3 Manitoba. 7s Id; futures firm;
July. s lOWd; October, s k'.td; Lecember,
8d.
("UKN- Spot steady; American mixed,
new, 4s d; American mixed, old. 5s 4J.
new American kiln dried, 4s lod; futures
steady; July, 4s sd; September, 4s lld.
I'rorla slarket.
PROniA, June n.-n.'HN-Steadv; No 8
il.li.
wo; no. white, 6le; No. I yell'vw,
U'jc; No. I yt iow, tilc; Ne. 4 -yellow, 6ic;
No 3 mixed, 63c; No. 4 mixed, 61c; no
grad c.
OATB Iower; No. 2 white. 8si4fi3c;
sianuara, sc; No. 8 white. 87'c.
KEW YORK GENERAL MARKET
Qaotatloa of the Dar Varloas
Comaaodltlea.
rTTTW TORK. June 17.-FLOLRQulet;
spring patents. H'ifr'a.lO; winter straights,
23 WuOO; winter aatents, 84 .Hir4 60; spring
clears, 33.Koi'400; winter extras No. 1, 33 85
r3.60; winter extrss No. 3. 83 l.V?i3 25; Kan
sas BtrsishU. 34.10B4.25; receipts. 2S.031
bbs.; shipments, 8.408 bbls. Rye Tour,
firm; fair to good, 85.00iu6.25; choice to
fancy, 36 I'q6 60.
COUNMEAL Steady; fine white and
yellow, $1 lfcul.20; coarse, 31-10(91.15; kiln
dried, 33.10.
WHEAT-ftnot market steady; N 2 red.
9e In elevator and 6c, f. o. b., afloat,
both nominal; No. 1 northern iMiluth, 31 03,
f. o. b., afloat. Futures quiet and a little
easier on the weather and reports of lib
eral offerings of new wheat, but thtre waa
an absence of pressure and prices at the
close were steady at net unchanged to
o advance; July, 4'n4 T-lo. closing at
94c; Beptember, 43Va3e, closing at 93ic;
December closed at 9f.o; receipts, 66,400
bu.; shipments, 17.360 bu,
CORN-Spot market easy; export No. ,
80o, nominal, f. o. b., afloat. Futures
market without quotations, transactions
closing net inchanged; July closed at
61 c; December closed at 62c; receipts,
41.fi26 bu.; shipments. 85,758 bu.
OATB Spot market steady; atandard
white, 44c; No. 3, 45c; No. 8. 44c; No. 4.
43a Futures market without transags
tlons. closing net unchanged; July closed
at 34c; receipt. 99,125 bu.; shipments,
none. r
FEED Barely, steady; western spring
bran, 100-lb. sacks, 323.60; standard mid
dling. In sacks. 336.50; city. In sacks, 324.60.
.HAYStesdy; prime. 31.36; No. 1, 31.30;
No. 2. tl.lflra'1.15; No. 3, 85cfi1.00.
HOI'S Firm; state, common to choice,
1910. 29320 ; !!)!. 204j21c; Pacific coast. 1910,
24B27c; 1909. ltVSISo.
HIDES Bteadv: Cent ml lm4 1ou.?7i
20c: Roeota, 2Hi02c.
LEATHER Steady; hemlock firsts. 24
27c; seconds, 22rft23c; third-, 1920c; re
jects. 14al5c.
PROVISIONS-Pork. steadyi mess, 815.00
17. 50: familv. lis orwrna u- ihin i...
315.6017.00. Beef, quiet; mess. 311.0011.60:
family, 312.000!'I2.60: beef hams, 327.60W50.
Cut meats, steady: pickled bellies. 1127K,
1.100.
jaiu, meauy; miuaie west prime.
38. SMiS. So; refined, steady, cmntln.nt s ik
South American 39.86; compound, 37.50'7.75!
iun; country, 0C.
BUTTER Steady; factory, current make
seconds, 17o.
EESE-Flrm. Export. 500 boxes.
ESV',"Ge.ner"v ady- and unchanged.
o'!!tY;Flrm: wp"'-n spring chick
ens. 22ra24c; fowls. 10Til6c; turkeys. 16c.
Dressed, firm; western broilers, 18!t25c;
fowls, western. 11&14c; turkeys, 12&15o.
. Corn and Wheat Region Balletla.
Record for the twenty-four hours ending
at 8 a. ni. Saturday, June 17. 1911;
OMAHA DISTRICT.
' Temn P.ln.
omiions. juax. Mln fall.
Pky.
Cloudy
Cloudy
Cloudy
. Cloudy
Cloudy
Cloudy
Cloudy
Cloudy
Pt. cloudy
Cloudy
' Cloudy
Cloudy
Cloudy
Cloudy
Cloudy
Pt. cloudy
Clear
Cloudy
Cloudy
Cloudy
Ashland. Neb 97
C5 .8
6 .00
60 .00
Auburn, Neb 98
B'ken Row. N?b. SI
Columbus. Neb... HA u no
Culbertson. Neh.. 84 t&
Fairbury. Neb... 99 68 !)
tairmont. ' Neb... RJ - 64 .00
Or. Island. Neb.. B7 m
Hartlngton, Neb. S9 62 !90
Hastings. Neb,... 86 64 .00
Holdrege. Neb... 96 54 .12
Lincoln, Neb 93 66 .06
No. Platte.. Neb. 78 AO m
Oakdale. Neb 86 62 .60
Omaha, Neb 92 n5 .41
Tekamah. Neb... 94 65 1.15
Valentine. Neb.. 74 60 .00
Sioux City. Ja... 86 ( ..12
Alttu la i 94 C4 .09
Carroll. Ia 93 63 X.V)
Clarlnda. Ia 97 65 . 21
albley, Ia 86 63 .00 Cloudy
Minimum temperature for twelve-hour
period ending at 8 a. m.
DISTRICT AVERAGES.
No. of Temp. Raln
Dlstrlot. Stations. Max, Mln. fall.
Columbus, O...
.20
!w
.50
.00
.70
.80
.20
.50
Louisville, Ky....
Indianapolis. Ind.
Chicago, 111
M. Louis, Mo....
Des Moines. Ia...
Minneapolis. Minn. 30
Kansas City. Mo.. 24
Omaha, Neb.. 18
Warmer weather prevailed In the smith
em portion of the corn and wheat region
during the last twenty-four hours and
slightly cooler ln the northern portion.
Moderate rains occurred in all except the
St. Louis district. Rains of one Inch nr
over - occurred at the following stutlons:
Tekamah, Neb., 1.15; Marshalltown. Ia.,
1.00; Carroll, la., 1.60; Duhunue. Ia.. 1.40:
Watertown. 8. D.. 1.20: Madison. Wis . 1
Chicago, III., 1.00; Auburn, Ind., 1.16.
L. A. WELSH,
Local Forecaster, Weather Bureau.
' St. Louts General Market.
ST. LOUIS, June 17. WHEAT Weak;
track. No. 2 red, 87&S8c; No. 2 hard, 87
92c; futurer, lower; July, 83c; Septem
ber, 84c. ,
-TORN Lower; track, No. 2. 54c; No. 2
white, 66g55'ic; futures, lower; July, f4o;
September, 65c.
OATS Lower; track. No. 2. 88c; No. 2
white, 404j40c; futures, lower; July. 8So:
September. 39c.
RYE Unchanged, at 90c
- FLOUR teady; red winter patents, 34.10
(54.50; extra fancy and straights, 33.50)4.00;
hard winter clears, 32.004i3.0O.
UEEI-Tlmothy, 35.0Uii9.60.
CORNMEAL 32.60.
BRAN Dull; sacked, east track, 97ca
tl 00. - '
HAY Unchanged; timothy, 319 .0528.00;
prairie, 312CKVy 16.50.
PROVISIONS-Pork, unchanged; Jobbing,
ll.Vro. Lard, unchanged; prime steam, 87 So
tiis.U). lry salt meats, unchanged; boxed
extra shorts, 38.87: clear ribs, 18 37; short
clears. x 7o. iiHCon.-unchanged: boxed, ex.
tra f hcrti 83.87; olear r.bs, 83.37.; short
clears,
T bi,(b,-.
Receipts. Shipments
Flour, bbls...
Wheat, bu....
Corn, bu
Oats, bu......
,? X
. M.OuO 22.0"0
.ltvvt sc.wj
82,000
45,000
Kansaa City Grata and Provisions.
KANSAS CITY. June 17.-WHEAT-Cn-changed
to lc lower: No. 3 hard. 854iSlc;
74 . 68
90 - 61
76 63
80 62
98 72
90 64
78 ' 64
100 6S
88 62
No. , Iiialc; tno. 3 red, 84a86c; No. 3, 8i Brooklyn Rapid Tr. ,
JMc; July, S2Q82C bid; September, 82K Canadian Paclfl
82c bid. lOntrai Laathar ,.
CORN-TTnchanged to Me off; No. 1 S" "TV?" "j;""'
mixed. 664,56e; No. 8. MWXic; No. t white, Ohio '
ftiVic; No. 8. 53c; July. 64Vic sellers; Sep- chicTgoA Alton.'.'.'."".',
tember, 56ic bid. U hlcio oraat Waaters....
OATS I'nchanrad to Mc higher; No. I.e. o. w. pfd
While, 414i4lc; No. I mixed, 37'8380. Chicago A N. W
Ryh-2ftoc. C.. M. A St j.
HAY meady to 31 up: cho'ce timothy, c-c- f -,
8l8.0tr8 19.00; choice Colorado A amitnari'.'.'..'.'.'.
.t . 't'Elf- b','I,mLri"i Oonlldatl Ua
Wheat, bu 15.0O) 28.0LO -orn Producta
Corn, bU 42 M . 45.0 0 Uaiawars a Hudaos
Oats, bu 6 0.0 7,000
Minneapolis (.rain Market.
MlNNEAPtLIS. .Tune 17. WHEAT-July,
92'9ic;- Beptemfter. Ic; December,
9c: No. 1 hard. Sftc: No. 1 northern.
WlV(5c; No. 3 northern, &0ti'Jlc ; No.
Z wheat. WSfiOlSc
FLAX 33.27. '
. BARLEY-taaflSc. .
CORN No. 8 yellow. flU?62c.
OATiS No. 3 white, 86(U,37c
ItvE No. I. Sc. .
BRAN 31S r-Oti 13.75.
FIirU F'rat putents.
patents. 34.5y 4 "0- f!r"t
second clears, J2 0(rp2 45.
34 70ff4.9O; record
Clears, 33.2"Ku J.;6;
. . , Tt m, . ,
Philadelphia. Produce Market.
PHILADELPHIA, June 17.-R1TTTER
Firm; extra western creamery, 26c; nearby
prints lyc
F.OOSFlrm; Pennsylvania and other
nearby firsts, free cases. 35 .15 per case;
current receipts, free cases. MM) per case;
western flrts, free cares. VJSi er case;
flurn.nl r..eh,ta free cases. 34. SO lirr CS8A
cn lvir4V Iclrm Kew York foil ereama
fancy new. 13tflc; fair to good. ll&Uc.
Mllwaakee tlrala Market.
MILWAUKEE. June 17. WHEAT No.
northern. ST''VrtSvir: No. x northern, 4r
IkIWc: Julv, Mi.o; Septt-mber. oblj;fSb0.
stATM-Ptandard, 3Nio.
BARLEY Malting, M!i;ic.
naloth Urala Market.
DT'LT'TH. , June 17. WHEAT No
northern. Wc; No. 3 northern. 9102,-; July,
4c; Hpnifnt.fr, io asaea.
OATS 37Hc
Coffee Market.
NEW YORK. June 17 COFFEPV-FM-tures
dosed steady, n"t 8 to 8 po'nta hlvher.
HhIi-s. .2.) bnKS. Closing bids: June.
lO.Ktc: July. li4u; Aoarust lOSSc; Septem
ber. IO Aic: 0-tober. 106c; November. 10.61c;
December and January. lu.4"c: February
and March, 10.50c; April and May. loilo.
riot, unlet: No. 7 Rio. 1'vc; No. 4 Santos,
13c. Mild, quiet; Cordova, 13tilc, noml
naL agar Market.
NEW YORK.- June IT SUGAR Raw,
firm; muscovado. M test. 8ie; centrifugal.
M test, UK'; molasses. 8 test. I He. Re
fined. Fteady; crushed. l"'Jc; granulated,
6c; powdered. 1 10c ' ' "
I
NEW YORK STOCKS AND BONDS
Market ii Lowest for Week Because
of Adverse Crop Kewi."
JUNE EXPORTS BREAK RECORD
Balance of Trade la Favor of t'alted
tates for Mat Moataa la Moro
Thaw Oae-Ilalf Blllloa
. Dollars.
NEW TORK. June 17. (Special Tele
gram.) Oop considerations bulked largest
in Wall street discussions this week and
the receipt of reaesurlng advices from the
drouth-covered portions of the wt and
southwest resulted In or was followed by
sufficient st 'ling of stocks to put the mar
ket down substantially toward the week
end. This might have been taken to sig
nify nothing more than the way In which
professional markets act on good news,
for the professionalism of the bulk of the
dealings In stocks for the last few months
can hardly be disputed.
There has been recently an all-around In
crease of margin trading, the natural eon-
sequenoe of a long campaign of optlmlstlo
advance conducted from Wall atreet, em
phanled by the Insistent and persistent lift
or quoted values; but the general public
response from men engaged In business and
profesMonal lines has been relatively small.
This Is something which Is also a normal
feature of the more or less exclusively
manipulative stage of bull movements.
Next In order among the more Influential
Incidents of Wall street has been the
broadening scope and continued hopeful
ness of the Investment situation. It has
been for some time the belief of the more
confident optimists that the bidding today
for the Panama canal Issue for 8SiO,OOO.OlO
would demonstrate Impressively that con
vincing reasons exlfted for expecting a
new era of prosperity.
Just Exports Break Record.
It Is rarely that the turning of the
economic tide la marked by any conspicu
ous event, but such an event often adver
tises a fact that the tide has turned. For
eign trade statements for the first nine
months of the fiscal year show an excees
of exports over Imports of 8tOO.000.000. the
export total for June breaking all records.
To the credits srtslng from this mer
chandise balance are to be administered
to the still larger credits resulting from
new American security flotations abroad,
and it is testimony among influential
bankers that not even excepting the
famous year 1896 our claims against the
European banking community are right
now the largest ever known. That under
the circumstances there should be no pause
In the pressure of Idle caDltal for Invest
ment Is not surprising. So far from de
creasing, the evidences are that the move
ment la on the Increase. Nothing ap
proaching such a market for new flota
tions has been experienced since the great
Wall street boom of 1902.
Capital Is Plentiful. '
In recent years no argument has been
more potent for the stock exchange bear
than that our railway and Industrial . cor
porations could not obtain capital for bet
terment needs because they could not sell
hew securities except on very generoufl
terms. We not only do not have this
situation any longer, but we have Its oppo
site and It Is doubtful whether In the
average view of the current financial pros
pect this change is reckoned at ts proper
value. It means that the railroads, when
they choose, can go on with schemes for
extension work which have been held up
through years of credit stringency. And
It is difficult to resist the conclusion that
given good crops and a consequent new
year of heavy traffic In promise, the time
when the railroads will decide to embark
upon these enterprises ia not so very far
oft
This week's action of the Denver A Rio
Orande directors in passing the preferred
dividend recalls the prediction frequently
heard early In the year that a number of
railways' dividends would be passed or re
duced. In a way that prediction has been
fulfilled, but not all of the dividend
changes for the year have been downward.
Besides the Denver & Rio Orande. the
Big Four-has-been the only, company to
pass dividends.
Some Stocks Are Weaker.
Having had declines every day this week.
with an average loss of a point up to yes
terday's closing, stocks showed consider
able weakness in some sections today. The
snares of the Hill roads fell 1 to 1 points,
although the latest news from the wheat
sections waa most favorable. Virginia
Chemical common. whose dividend ia
threatened, went down to a low price "TwrJ
the vear and I .ehlfrH Vallev waa reant1nrw4
ary after the opening support. The market
was In the hands of professional traders.
Today they were disposed to be bearish.
Before the close some of the losses were
recovered. ' .
The statement of car equipment In use
showed practically no change from two
weeks ago. The number of Idle cars Is
now 168,802.
Bank clearings for the entire country
made an Increase of nearly 8 per cent
this week. For the first time In many
months all of the central reserve cities
gained. Here this amounted to about 6
per cent; in Boston to 14 per cent; In
Philadelphia. 1 per cent: Baltimore. 10
per cent; Chicago of 1 per cent, and In
si. iouis, z per cent. (
Number of sales and' leading quotations
on stocks were as follows:
Bales. High. Icw. Cloae.
Allla-Oialmara pfd ...
1U0
it
II
Amalgamated Coppar 1
Amerlcaa Agricultural
Amarlcan baet Sugar
Amarlcas Can ....
Amarlcaa O. A K
8,400
100
t,i-0
100
K
700
' too
71
47
44
11
(7
4T
34 a
70U,
7
HH
11
(7
67(4
31
Tl
T
11
47
'M
it
Ui
43
U
107(4
42
1WS,
1614k
U
41
11
106
111
Amarlcas Cotton Oil.
Amarlcan H. A u p!d....t
Am. lea Bacuiitias
Amarlcan iJnaaad
tmorloan locumotiva
100
4, (Ml
4
W
41
t
Amarlcan B. A B. ...........
An. 8. A R. fd
Am. Btaai r ounarian.
. . Heitmn.
104
3,tlM)
110
HI1
110
American T. A T
American Tobacao pfd
Amarlcan wooian
Anaconda laiuing Co
TOO 41 H
4.JO0 llti
40
111
Atchlaon v
Atchiaon pfd
Atlantic Coaat Una
Baltimore A Ohio
oo losti lot lot
aiUj
TOO SOU. W M
Toe 340 13 xi
loo n i4 ti
100 100 Sk 100 Ik 100
, 390
too u n . u
12
MM
00 5 4t 46
iu 141 its its
lTt) 1!7 1T 157
4S
v.100 U U 14 1
B
. 146
400 US. 14 14'
172 S
.....
S 64
100 M44 s4 It -4
4.40S S64k U K
U0 M U tb
IM 4jk 4 46
U0 12 UZH 181
4,(00 131 llSk 1.17
lit 41 Sk , u
100 141 141 140
luo nv; 14 ' igt4
tOO tl4 6C4 (2H
400 121 123 IUS
t.oo ih i ni
10Sk
'1
II
...... 09
I. mo ioa io iui
' m
lot is a as
ft in im im
400 17 17 17
7
00 10 m tott
K0 1M 116 124
100 6t tt 64
00 11 11 1
1,1110 111 110 11.1
45 4 4t
TiJ 107 107 107
l0 T4 74 T4
T.00J 114 1U 114
M
1700 1:4 124 124
10
5H
11
304 II IT 14
11
U
II. 40 l., liS'k 16t
400 10 Ju 10
H
1,400 11 11 U-i
MO 44 44 44
II
4
Ki
1.404 120 1M nn
4.1.KI n JH4
too T0 Tn 70
' 4 42 42 4:'
I
ion ii tin
! 11 41 60
ll.l'O 1K', 1M I"
10 V4 M N
loS 77 77 74
H4 40 4A 40
ll.lot) 7a Tl T
li
( K 11 o i
.u0 U 44 K
1"4
lot ta lt w
44 II 14
lue 74 74 74
ue o Ikt.
Bethleham Btaai
. lur Kto Oranda
1). at 11. O. pfd ..
Ulatlllara' securttlas ,
iirla
Krla lat pfd
Bria t1 pfi
Oenaral Klectrlo
Oraat Northarn pfd ,
Oraat Northern Ore ctfa...
Illlnola Cantral ,
lntarborough Mat
Int. Met. pfd
Inturnatlnnal Harvaatar ...
Int. Marina pfd
International Paper
International Funis
' lows Ontral
, Kauaaa Cltr Boutbarn
,K. C. So. pfd
iLndede Uaa
iLoulavllla A NaahillU....
:Minn. a St. Lee la
j M .. St. U A 8. 8. M
!
'
J.onTi iuacun "i::.':.".'
I N.nonai Lamd
n. H. R. ft M Id pfd...
i New Vprk Central
IN. Y..l. A W
INorfolk A V
J.";,';,",
'Pacific Mall ....
I pennarlvania ...
I!""!' f
r . f . c. a at. L
Ptttahurg Coal
Pfr4 gteel Car
Pullman Palaca far
Hallway Btael Spring...
Heading
U..Htihliii Steal
. Fiapubllc Bteel pfd
. I Ho. k laland Cb
K laland Co. pfd ...
null P. td pfd..
St.. Ueula 8. W
ft. b B. W pfd
Sloee-Rheffleld S. a I..
Southern Pacific
Soul here Railway
rVu Hall war pfd
Tenneeeoe Copper
Teaaa A Pacific
T . st. U a w
T. St. LAW. pfd...
talon pa.irta
t'nton Pacific ptd
l ulled Slatea Heeltr...
t olled States hubber..
Catted Stelae Ileal
L', B. Steel pfd
Vlnh Coppor
Va.-raniilna Chemical
Waberh
Vaiaab pfd
Weetern Meryland
WeetlBehouee Klectrla .
Weelarn ItuoS
THE OMAHA SUNDAY BEE: JUNE
Wheeling A L. B
Lehlah Valley . IT 174 177
Total amies tor the dar. 144. &o shares.
New York Moaey Market.
NEW TORK. June 17 MONEY fin call,
nominal. Time loans, easier: sixty days,
2 per cent; ninety days. 2!3 per cent;
six months. 8'n3 per cent.
PRIME MERCANTILE PAPER 41
per Cf-nt.
RTF.ItUXQ EXCHANGE Steady, with
actual business In bankers' hills at I4.K4
for sixty-day, bills and at I4.NS6 for de
mand; commercial bills, 84.83.
PILVFR Pnr. 634c: Mexlcsn dollars 46o.
BONDS Government, steady; railroad, ir
regular. Closing quotations on bonds today were
as follows:
V. a. rf. ta, i
V. 8. rr. to,
do coupon
V. a to, rs..
.IW4 Int. Met. 4H
.IK" Int. M. M. 44..
.ion Int. M. M. 4a...
.11 Vk Mansn 4 ,
a aaupos 101 do 4H .r. ,
C. . 41. rg 114 K. C. 8n. 1st la .
do coupon 114 L. 8. db. 4 Mil
AlllKTi.l. let Is... TS U N. nl 41 .
14
kAra. Af. to ..101 S 14., K. A T. 1st 4s. 74
Am. T. m T. e. 4s.. 1114k, rn. 4a i:w.
Am. Tobaooe 4s Mo. Pariflo 4m 7s
so to IIH N. R.R. of M. 4Vt S
Armoar A Co. 4. 2Si N. T. C. f. ;
Atchlms sea. 4s M da oeb. 4a U,
do or. 4. M'i N. V- N. H. A H.
oo er. (a M e. to 12
A. C. U lat
H4 N. W. lat . to... f
I OS Cf. 4a 107 V,
r;H No. Pacific to 10
to to Tl
K O. S. L rHj. 4a.... 4
ln Pna. or. IWa 114.. n
a4 do eon. to S7K
iial. A CTtiis 4s.
do 1
do B. W. ls.
ftrook. Tr. ev. 4i
tn. of Oa. ia..
On. Leather tm..
v of n. i. k. to. ...in gt. u a s. r. tg. 4a m
Oiea. A Ohio 4H...10lt do o. a
do nf. ta., a gt. 1 B. W. a. to.. W"4
Chicane A A. JHa... 4 do let gold to M
C. B. A Q. j. to.... art 8. A. I to 7
do gen. to M, Bo. Pae. col. to. MT,
C. M. A 8. P. I Ha do ev. to H
C R. I. A P. e. to. Ta do lat raf. to K
do rf. 4a...., to ago. Railway to lratvtj
Colo. Ind. ta 4 do gen. to 7H
Colo. Mid. 4a 14 Union Pacific 4a 101 u
C. A B. r. A a 4 Via M do er. 4a 107V
D. A H. ct. 4s.,
D A R. O. 4s..
n- do lat A ret. to.. Mva
M C. B. Rubber to KW
1 V. B. Steal d aa....ln6t,
78'4 Vs.-Car. Oiftn. to. .100
Wabaah lat ta. 10
74 do lat A ex. to UU
do ret. as.
Dlrtlller 4a
Krto p. 1. 4a.......
do gen. 4s
do ct, 4s, ear. ,i
do aeries B ,
Oeti. Eleo. cr. Is.
" "a " riwm ma. as...
TT1 Waat. Eleo. e. to
1U Wla. Central 4a...
.. 17
.. 4
.. 3
.. M
111. Con. lat ref. 4s MS Mo. Pae. cv.
Bid, Offered.
Clrartngr Hoase Bask Statement.
NEW YORK. June 17.The statement of
clearing- house banks for the week shows
that the banks hold 8.8,!B1.750 more than
the requirement of the 26 per cent reserve
rule. This is an Increase of 329,431,680 In
the proportionate cash reserve, as com
pared with last week. The statement fol
lows: DAILY AVERAGE.
, . Increase.
Loans $1,914,601,000 3oi;2.277,5n0
Bpecle 87!. 875.0110 fV
Legal tenders Sl.flM.OnO 7,040 V0
Net deposits 1,817.007.000 61 267 000
Circulation 45.305.000 103 800
geservo 622.5W.000 132,173,3"0
Reserve required 454,274.?50 1.12.691 7M
Surplus 6S.321.760 29,481,650
ACTUAL CONDITION.
Increase.
.81,929.798,000 3fi71.9!4.6n0
. 8.S3,91S,000 6,fl32,i0
Loans
Specie
Iegral tenders ..
Net deposits ....
Circulation
Reserve
Reserve required
Bur4rus
Decrease.
. nii.iaj!i.tv
. 1.832,019,000
45,545,000
. 6."2.3m,io
. 468.1104,750
. 74,301,250
7.206.700
419,063,210
64.300
189X8. TOO
104,7rt3,300
84.615,400
Summary of state banks and trust com
panies In Greater New York not reporting;
to the New York clearing; house:
Tl -.o..
Loans f f56 NM.loo km .867 son
tPole 67,8L'4W0 55,871,000
Lesral tenders 12.412.OiiO 6,985 400
Total deposits 749.787.8n0 M9.O79,0O0
The bank statement this week Includes
the sixteen trust companies which have
been taken Into the clearing; house. 1
London Stock Market.
LONDON. June 17.-On the atrwlr a v .
change here today American securities
opened slightly over oaritv and sft.r .
iew iransactions ciosea auil. hut steady.
uonaoia, money 7 Loularllle aV N.
do account 71 15-14 M k a. p
.11B
Amal. Coppor 72 N. T. Centra i!
..
..114
..110
.. M
.. 41
.. 44
7
.. II
.. 12
.. 71
Anaconda
Norfolk A w..
Atchiaon
do pfd
Baltimore Ohio.
Canadian Pacific.
Cheaaneaka 4k O...
116 do pfd
II Ontario A W
111 Pennsylvania ....
247 Rand Mines.:
Rending
14 Southern Re
cnicago u. w
CM., Mil. A Bt. P. .131 do pfd. ..7.
Do Bears 11 Southern Pacific
121
Denver A Rle 0.... 4 Union Paolllo
.;...191
do ptd 41 do pfd
Brio . 14 V. B. Stool...
do lat ptd 17 da ptd
do td pfd Y.. 4T Wabash
Grand Trunk.. ...I... ts do pfd
Illinois Central leiu.
47
liil.
IB
BILVER-Bar, Bteadjrvat 14 9-16d per o.
MONEY im per cent. .
The rate of dlscolmt In the open market
for short and three months' hills ia m re
sent. -
Local eaarltfea. .
Quotations furnished by Bums. Brlnksr
t Co.. 448 New Omaha National Bank
Aakea.
Beatrice Crenmerr. nfd aa
1
100
S ee.es
M
101.11
104
106
100
104
104.0
104.03
7H
101
. 2
70
M
104
City National Bank Bidg., ptd
Crolglitoa Keal Eiute cn 26 -
Corn Bichango Nat. Bank etork
Council Bluffa. Ia.. 4a. Ul4
101
104
44)
104
M
101. Tt
104
8
. M
101
' M
. 4S
. T
, M
, 107
Vt
, M
,
. m
City of Omaha school v.i iui...
"Cudahy Packing Co. la, 1S24
iwere Mr vo. 7 per cent pfd
Fairmont Creamery lat g. 4 p c.
Fairmont Creamery pfd 7 p. c. ...
Kansaa Cttr 4a. 1910
Marlon Co., Ia., 4a, 1828
Omaha Water ta, 1144
Omaha A C. B. ft. Jlr. 6a. 1124...
Omhan A C. B. 8t. Ky. 6s. 1M4..
O. A C. B. St. Ry. pfd I p. c . r.
Omaha A C. B. St. Ry., com
Omaha Oas ta, 191T
umana 1. u 4 p. U, 1111
Packard Motor 7 per cent
Peters Mill 4 oar cent nfd
Vnlon Black Tarda stock
t'nton Stock Tarda ta, 1131
Wlaa Memorial Hoapltal 4a, ln,.
1
104
101
1
Bank Cleartuas.
OMAHA. June 17. Bank clearlng-s for to
day were 32,267,424.81 and for the corresponding-
date last year 32.553,759.90.
Clearings for the week ending today were
$14,438,768 and for the corresponding week
last year l,873,112.e8.
1910. 1911.
Monday $ 3.0S9.592.43 $ 3,520. 403.04
Tuesday 2,261,668.22 2,192,094.81
Wednesday 2.561.000.20 2,872,168.41
Thursday ............ i.56,618.03 2.4ti2,2i2.2J
Friday a.o0.M3.ol 3.324.354.11
Saturday 2.653,759.90 3, 267,424. SI
Totals..
. .115,873.182.68 3H.438.76S. 24
If ew York Csrk Market.
The following euotatlons are furnished
by Ixigan A Bryan, members New York
Stock exchange, 315 South Sixteenth street!
Amor. Tobacco
.404 Ooldfiald Flor
, l 1-14
.4 1-14
.. 11
.
.. 14
bay State Oaa...
Butta Coalition..
Cactua
Chine
Day la Daly
Kiy Central
Kly Cons
Franklin
Olroux
Belmont
Greene Canana..
Inaplratlon
.. M Lareea ,
.. 1 Not. cons ...
.. II Newhouea
.. 14 Nevada-Utah ,
... I Ohio Coppar j.
.. 1 Rawhide Coalition
.. 44 hay Central ,
14
at
... 13 Bwilt Pkg. Co 101'A
... T Superior A Plttaburg 17
! Trinity Copper 4
... 7 t'nlted Copper u
... 1 North Lake
New York Mlalnc Stocks.
NEW YORK. June 17. Closing quotations
on mining siocks were as loiiows:
Alloa 126
Little Chief
.. 8
..45
..160
. .100
Com. Tunnel stock.. IT
do bonda It
Con. Cel. A Va 160
n.irn ller 21
Iron Sllier loo
-iaav.lle Con. 14
Mexican
Ontario
Ophlr
standard
.100
Tallow jacket. ., 44
OX All A GMER4L MARKRT.
FRUITS-Bananaa, fancy select, per
bunch, 83.2oeiU.5v; jumbo, bunch, 42.i5.76.
Cherries, home grown, per 24-qt. case, 3iUu.
Dates, Anchor brand, new, 30 1-lb. pkgu. In
boxes, per box, 33.00. Oooseberries, home
grown, per 24qt. case. U-Vi- Lemons,
Limonelra brand, extra fancy, 300 else, per
box, 37.60; 300 slse, per box. 3a.00; Lonta
Uruonelra, fancy, 300 slse. per box, 37.00;
3oi sise. per, box, 87.60.; 240 and 4ZO dies,
6uc per box less; Cymbal brand, 300-300
sixes, per box, 31.75&7.0a. Oranges, Cameila
Iwedlands Vaienclas, alt sizes, per box, 34.00;
fancy Vaienclas, MHrb-126 sizes, 33.ia. Cali
fornia Jaffa and Mediterranean sweet
oranges, 150 and smaller fixes, per box,
$3.00. mneapplea Florida, 24-3o-3i-4!-48 sites,
per crate, $3.26. Strawberries, Hood River,
per 24-qL case, $4.00. Watermelens, Tsxua,
per lb., 2c. Cantaloupes, California, stand
ard, 46 count, $450 per crate; pony crates,
64 count, $3.60.
VKUfcTTABLEA-Beans, string and wax,
per hamper, $3.60; per mkt. bfck., jo4j$1 00.
Cabbage, aouthern. new, per lb.. 4c. Cu
cumbers, hot house, 1 and t dos ia box,
per box. $1.7.V&2.; Texas per bu., hamper,
$.' 50. . F.gg plant, fancy Florida, per dos.,
8l.6ur2.00. Oarllc. extra fancy, white, per
lb., lior Lettuce, extra fancy leaf, per
dos., 4"e. RadlHlies, per dos., 20c. Onions,
Texas Bermuda, white, per crate. 32 46; yel
low, per crate. 32.0U. parsley, fancy home
grown, per dos. bunches. 46c Potatoes,
Iowa and Wisconsin, white stock, per bu.,
H.S!M.!; new stock. In sacks, per In., 4a.
Tomatoes, Texas, per 4-bsk. crate. 1 1 26.
MlMOKLLANKOrs Almonds, California,
soft rhell. per lb., 18c; In sack lots, lo less,
ltrasll nuts, per lb., 13ci In aack lots, le
less. Filberts, per lb.. 14c: In sack lots, la
less. Peanuts, roasted, per lb., 8c; raw.
per lb.. 6c. Pecans, largn, per lb., lte; In
sock Iota, lc lean. Walnuts. California, per
lb., 19c; In -it lots, lo leaa. -jloney. new,
24 frames, $173. -.
IS. 1911..
OMAHA LIVE STOCK MARKET
Cornfed Cattle Steady for the Week,
Other Lower.
HOGS STEONO TO FIVE HIGHER
For the Week Prices Kkeep aad
Lanabs Are) Twesty-Flve Fifty
Cents Lower 8a Moat
Cases.
SOUTH OMAHA, June 47. 1111.
Receipts were:
Cattle. Hoars. Cheep,
Official Monday
Official Tuesday ....
Official Wednesday.,
Official Thursday....
Official Friday
Estimate Saturday ..
... 8.3)3 8.475 3.96
... $.0tt 30.24 3.17S
... 4,176 13,867 ' 8.1N8
... 1.163 .84 1.477
... 1.208 6.V' 1.638
... 1ST 7,109 428
Big days this week. ...18.037 83.840 J5.9M
Bame days last week 17.3 w.r7 15.7o
Fame daya I weeks ago.. 14 847 63.74 15.1
oame nays 3 weeks ago,.18.3!l 6i.3 a.M2
Same days 4 weeka aaa..M 478 M 870 22.634
Same days last year. ...16.164 47,548 18.934
The following table mow the receipts of
cattle, hoga and sheep at South Omaha
for the year to date aa compared with last
yr.: 1811. 1910. Inc.
cattle 484.593 44!,00 22,67
HO"S 1 573 4KR 1.012.644 20 4t
8nP 737,294 647,618 8S,7
The following table shows the averags
Prleee on hogs at South Omaha for the
.,v.,aM uavjra. w 1 lo cuntuariauuai
Dates. I ltu. m0.180.1908.19O7.)l08.ll!fi
June 8
June ft
8 37 I
8 8t S7j
I 2J 861
f 88 K Tl $ 08 8 87 $ ?
T 871 I 371
I 17
i 17
June 10 1
T 401 S 271 8
5 28
June 11
June 13.
June 13.,
June 14.
June 16.
July 18.
June 17.
7 36 I 37 6 03 8 89
5 80f
79 It f
7 tt $ 481 I 91 6 8-,
. 8 621 t 7rl 3 31
5 18
$ 13
7K 27
T 62 It 821 8 28
8 18
t 40
7 67 5 60 6 84j 8 861 8 19
s M'.n s ax
5 81 9 21
I b 0 64) - 1 s as
7 63 5 63 I 91 j
t 22
5 20
Sunday.
Receipts and disposition of live stock at
the Union stock yards for the twenty-four
hours ending at I p. m. yesterday:
RECEIPTS.
Cattle.Hogs.Sheep.H'sea
C, M. & St. P. Ry 1
Wabash R. R. 1
Union Pacific R. R 80
C. 4 N.-W., east 3 13
C. A N.-W., west 84
C, Bt. P. M. A O. Ry. .. 4
C, B. A Q., eaat 8
C, B. & Q west 27
C, R. I A P., east I
C. O. W. Ry 1 .. ' ..
Total receipts...... 3 -96 I
DISPOSITION
Cattle. Hoga. Sheep.
Omaha Packing Co....
Swift & Co
Cudahy Packing Co...
Armour A Co
Schwarts-Bolen Co....
Murphy
Stephens Bros
Other buyers
1,1(3
.... 1.968
1.833
1,620
246
635
4
10
10
Total 14 7.364 10
CATTLE There were no more cattle here
than usual on a Saturday, which means
that there were not enough to make a
market. For the week receipts have shown
a little decrease ac com wired with last
week, but at the same time an Increase as
compared with a year ago.
The market on cornfed steers has been
strong on some daya and weak on others,
but still prices have not shown any ma
terial ohange In either direction. Thus at
the close of the week the market on tha'.
kind of cattle Is Just about where It was
one week ago.
Cornfed heifers and cows have also re
mained practically stationary with a week
ago, but common grass cows have been
slow and dull, with the tendenoy lower,
and they are at the close of the week
around 25o lower than last week. Veal
calves, which were very scarce and high
a week ago, have been In at me what larger
supply and prices have deollned rapidly,
being at the close -of the week 60c lower
than one week ago. Good bulls have been
very scarce, and they are not over 154j25c
lower than last week, but common grass
bulls have been very hard to move, and
they are safely 600 lower than a week ago.
Stockers and feeders have been very
scarce all ' the week, but the country de
mand has also been very limited, so that
there has-been a great plenty to supply
the requirements of the market. Owing
to the lack of buying supoort' prices have
steadily worked downward and are now
around 2fe lower at least than a week ago.
Quotations on cattle: Good to choice beet
steers, 35.S6tfn.10; fair to good beef steers, J
4o.6O0i5.85; common to lair beet steers, eo.wgr
6.60; good to choice heifers, $5.00i36.60; good
to choice rows, $4.6035.00; fair to good cows
and heifers, $4.00tt.4.60; common to fair
cows and heifers, $2.60194.00; good to choice
stockers and feeders, $4.90'c?5.2o; fair to good
stockers and feeders, $4.40(4.90; common to
fair stockers and feeders, $3.D034.40; stock
heifers. $3.60(4.26: veal calves. t4.007.25;
bulls, stags, etc.. $3.25(6.00.
HOGS Light receipts of hogs at prac
tically all market points this morning made
sellers very bullish In their Ideas, but buy
ers did not In all cases look at the situation
In the same way. Still the market opened
with good shipping hogs 60 higher. Pack
era were very slow .to put on, but they,
too, raised their bids and the hogs sold
strong to 60 higher than yesterday. Every,
thing was disposed of by 10 o'clock In the
morning.
. The quality of the hogs was very good
this morning, running more to light and
medium weights, with a smaller showing
of heavy hoga For that reason sales
would show on paper even more advance
than really took place. A considerable
sprinkling of the hogs In sight sold at
3a.85'36.9S and on up aa high as $8.07 for
tha best lightweights. It will be remem
bered that yeaterday the bulk of the hoga
went at $5.804t6.B0, with a top at 36.00. ,
Receipts of hogs for the week have
shown a very heavy falling off. there
being a decreaae as compared with last
week of about 16,000 head, bat still the
total Is larger than a year ago by over
8,000 head. The receipts were really very
heavy during the first half of the week,
Tuesday's run having been almost a record
breaker. As a result of that the market
broke sharply, which apparently had tha
effect of shutting oft receipts. As the runs
became smaller the market yeaterday and
today showed a substantial advance, so
that at the close of the week It Is only
64lOc lower than It was at the close of
last week. '
No. At. Sh. FT. No. At. 8k. FT.
tt 344 ... $ T7U, 74 IU Kf IN
I He 44 IN U 3M ... 30
61 1st ISO 4 19 .. 7 MO 6 0
41........1H7 14 3 40 11 tfi 2eu SO
I. ....-....J01 HI 4 M S H4 ... i M
41 Z74 ... 1 40 1 4 114 ... IN
Si 170 110 I M HO 14! ... I 00
t 274 40 I M Tl Hi ... 6 I3U;
04 t74 t40 I 40 tl 4 ... I
M tal SIM 40 1U4 ... I K
71 m 1M l 14 tut ... Ill
4T Il H IS 4 iiO ... I K
70. ...... .341 .., IN .71. Ill 44 I M
tl 147 ... Ill Tl ill ... IN
0 Ill W IK 144 317 M I K
tl 141 ... Ill II 237 ... IN
71 tl4 M ill l 2110 40 I M
41 214 ... 8 86 ' 10 tcl IN IN
M 147 ... I H Tt ill ... IN .
4 M7 ... I U 70 ill 140 I H
17 Jl SO I K II M0 ... I 14
41 140 W I Si II W4 ... Ill
44 254 40 I M 140 10 I II
ti 144 40 I U 41 234 M 4 H
tht 10 I M 41 .211 ... I !
M 144 ... 114 10 117 ... I IS e
70 lil 140 I 14 77 22e M IK
24 1W I II . 01 ni M I Mi
7 114 ... I 45 71 114 W IS
II 144 ... I 15 - 74 114 H ill
t 1:17 40 I I7V( II 110 1(0 I 5
7 isl 10 I 7Si 14 217 140 4 Ml
73 121 ... I7 ee 1M ... I IT
71 221 lit IN M 114 40 I ITU
M 24 ... I SO II 14 ... 00
00 21-0 ... I N Tl Ill 40 4 00
U 1M 40 I N 11 ill 40 I 00
( 140 M IN II 114 ... 4 00
II Ill ... I SO 14 Ill 40 4 00
71 HQ ... 4 N 44 240 ... 00
4 140 ... IN 71 1M 40 I 00
12 1:7 H I H 4 lM 40 4
l Ul 40 4 M 101 174 ... 4 04
47. ...... .2.11 ... IN 101 144 ... 4 0
41 tti ... IN M 1110 ... 104
41 14T ... IN 7 Ml 120 I OS
44 141 160 I'M M... lea ... 4 OA
160 200 4 00 ee. ...... .171 ... 4 0718
U 137 10 I N
SHEEP Receipts today were very light,
only three cars cf common shorn lambs
being reported In. There was really not
enough on sale to make a market and
about all that could be aald about- the
trade ta to quote 11 as nominally steady
with yesterday. Receipts have been very
fair this week, being aioui on a par witn
one week ago but a little lighter than a
year ago. As already noted In these col
umns there has beeu a decided change in
the cha racier of the receipts. Kor ths first
time this season grass stock has arrlvod
in sufficient numbers to eut a big figure
In the trade. At the same time there has
ben, as usual at this season of the year,
a sharp falling off In ted stock. The fact
ts the receipts of fed stock have been lim
ited largely to odds and ends, mostly old
ewes with spring lambs. Aa the first grase
ers to arrive on the market are never any
too good and as the cleanup of feed lota
always brings In undesirable stock it fol
lows that receipts this week have averaged
very low in quality.
The demand has peen as good as could
be expected at this season of the year and
with the kind of stork coming. Aa a mat
ter of course trade was a little dull on
some dsys, owing to the scarcity of really
desirable killers, but stih the most of It
was worked off to pretty good advantage,
although prices are lower than at the close
of last week. It will be remembered thst
Isst week shorn lsmbs sold very high at
this po.nt. while st others ttiev were
sharply lower. To even up matters ptiees
here hsve eased off and are artmtd 2;V.i.tic
lower than last week. Prices are still htgh
compared to those prevailing at other
points and the market as a whole Is In a
good, healthy condition.
Quotations on sheep an lambs: Spring
lambs, good to choice, 3i!.5tVn7.00; spring
lambs, fair to good. $,i.iv8.60; shorn lambs,
good to choice, 38006.25; shorn lambs, fair
to good, 85.6OU4.00; feeding Inmbs. shorn,
$3.0!4.26; yearlings, shorn, $4.0ij5.00;
wethers, shorn, $3.7.VfT4.0O; ewes, good to
choice, shorn. $3..Wq4un; ewes, fair to good,
shorn, $3.Oy0$.6O; culled ewes. $I.5Og2.o0.
CHICAOO LIVE? STOCK M Alt K KT
Demand for Cattle and Sheep' Steady
Hogs Higher.
CHICAGO, June 17. CATTLE Receipts,
estimated at 400 head; market steady,
beeves. $4 90ti:66; Texss steers. SI-Wvtlu.MO;
western wieers, $4 S"fti 4.76; Blockers and
feeders. $3.70i.i; cows and heifers, $3.5tK
8.90; calv'ea, $i XK(j.00.
HOU3 Receipts estimated at 7.00 head;
market generally 6c up; light, $5.96ii.86;
mixed, $5.9tVfl41.35; heavy, J5.8Tiau.S2; rough,
$5.8Mj.0O; good to choice heavy, $.0iv,itt.S2,
pigs, 35.K4j6.20; bulk of sales. G-JWii.i.
HilEUP AND LAM It 8 Receipts estl
matAl at 8,0u0 head; market steady; nstivo,
$2 S0N.:t5; western, $2. 7.V(f4.40; yearlings,
$4.00-iH.; lambs, native, $4.00'1j6.40; western,
$4.60f.76; spring lambs, $4.oOiy7.10; ewes,
$2.26(U-3.90.
Kansaa City Lira Stack Market.
KANSAS CITT, Mo., June 17. CATTLE
Receipts, 800 head, including 800 southerns.
Market steady. Native steers, 3.0O(j.3.i;
southern steers. 34 0196.60; southern cows
and heifers 32.50fo4.6o; native cows and
heifers, 32.5Of8.10; stockers and feeders. $3.76
(fjo.00; bulls. $3.2otr4.76; calves, 4.u0i7.f0;
western steera xa 7 v., ia. u, ..i.
$2.75't,4.76. , '
HOGS Receipts, 1,000 head: market 6c
higher. Bulk of sales, $6.w6!fj5. 16 ; heavy,
t t.Has;.i0; packers and butchers, $6,0648.15;
lights, $0.104j.20.
SHIiEP AND LAMBS-Recelpts. none,
market steady; muttons. $3.25(4.00; lambs,
$5.h7.; fed wethers and yearlings, $3.C0
(.4.60; fed western ewes, $3.0O4j 50.
St. I.oals Live Stock Market.
ST. LOUIS, June 17.--CATTLE Receipts,
600 head. Including 400 Texana; market
steady; native beef steers, $5.tm(e.40; cows
and heifers, $3.0O4i.26; Blockers and feeders,
$3.o0t()5.0; Texas and Indian steers, t.0ot
8.00; cows and heifers. $3.00(ijo.OO; calves.
In carload lots. $4.60u6.75.
HOOB-Recelpts, 6,800 head; market
steady; pigs and lighta, $6.10i&.30; packers
$55O4j4.00; butchers and best heavy, $6.20$jS
St. Joseph Live Stock Market.
ST. JOSEPH, June 17.-CATTLK Re
ceipts, 100 head. Market steady; steers, 85.00
i w and he"ers. $2.6u'afi.00; calves,
44.00(0 7.76.
HOGS Receipts, 4,000 head. Market
Steady; top, 3-15; bulk of sales, $3. .(. 10.
SHEliP AND LAMBS Receipts, 100 heud.
Market steady; lambs, $6.6067.00.
Stock In Sight.
Receipts of live stock at the five principal
"wwm uji acta yesieruay:
Cattle. Hogs. Sheep.
J0 7,1 400
.. 100 4.000 mo
.. 3110 2,000
... 6011 5,(i00
... 400 7.000 6,000
..1.660 25,900 6,500,
South Omaha
St. Joseph ,
Kansas City... ,
St. Louis
Chicago
y Total receipts
Cotton Market.
NEW TORK. June 17. There wns fr.
ther and sensational decline in the cotton
market- this morning and a general selling
Inspired by unfavorable new crop reports,
including private advices of additional rains
In the drouth sections of the western heir
and a private condition report showing hii
improvement . in .crop prospects since the
government's figures ' were made up last
mumn.
The old crop months were violently ex
cited, with July selling off, to 14.81c, or 39
points below Aim! iilKSt, and $6.60 per bale
under the hlgh-t?edoroV of the season.
Cotton futures closed steady. Closing
bids: June, 14.73c; July, 14.85c; August,
14.69c; September, 13.62c; October, 18.27c;
November, 13.27c; December, 13.30c; January,
13.2c; March. 13.36c; May, ' 13.38c.
8T. LOUIS. June 17. COTTON Market
unchanged; middling, 15c; no sales: re
ceipts, 7 bales;- shipments, 1.030 bales;
stock, 8.612 bales.
New Turk cotton market, as furnished by
Logan A Bryan, members New Tork Cot
ton exchange, 816 South Sixteenth street:
Month. Open. High. Low. Close. Tes'y.
July ,
Aug
Kept
Oct
Deo ',
, 16 08
14 74
13 66 .
13 86 -13
84
15 10
14 76
13 W
13 87
13 87
14 81
14 66
13 62
13 27
13 28
14 88
14 60
13 62
13 27
15 30
15 20
14 4
13 78
13 36
13 63
Dry Goods Market.
NEW YORK. June 17. DRY GOODS The
cotton goods markets hold steady, with
trading confined to small lots. White
goods are being opened for the new spring
season. Underwear and hosiery lines for
the new season are also' being shown.
Jobbing house trade la light.
Wool Market.
ST. LOUIS, June 17. WOOL Active; ter
ritory and western mediums, 17(319c; fine
mediums, 16&47ttc; fine,- 1K&14&C.
Oils and Rosin.
SAVANNAH. Oa.-, June 17. TURPEN
TINE Firm, 52c.
ROSIN Klrm type T. $6.82V46.65; O,
l.6j6.77!.
Omaha Hay Market.
OMAHA. June i7. HAY No. 1, $11; No.
t. $10; packing. $7; alfalfa. 313. Straw:
Wheat, $6.60; rye, $8.60; oats, $7.
Chances In Southern I.eae.
MONTGOMERY, Ala., June 17. Manager
Dobbs of the Montgomery Southern league
club announced this morning that Short
stop Champ Ostsen had been sold to the
Urooklyn Nationals and that Pitcher
Bsiiey. formerly of the St. Louis Ameri
cans, had been signed by Montgomery.
The dealers from whom
we have bought grain,
and the mills which have
bought it from us, are
the best card we have to
offer our p r o s p e c ti v e
customers. Ask them.
HYNE
S G
OMAHA NEBRASKA
B
-savl
FRENCH PER CAPITA GREATEST
Great Britain Comes Second, with
United States Third.
FINANCIERS EXPRESS VIEWS
While Forte nee Are Qalrkly Mad
Sometimes la In I ted States.
Every Man Who Invests
I)4tb Not tiet Rich.
PL PRESTON V. ADAMS.
NEW YORK, June 17 (Special to Ths
Dee. ) There is a general sort of an Idea
that the I nltcd Stutes Is the rlchext Of all
countries. In the aaKiek'ate this in correi-t,
but alien it comes to per rnplta of wealth
we are n lent third. L'Amerlcaiti Financier,
a Venih publication which Is recognised
as an authority on such matters has Just
Issued figures on this suhjet v. huh are
Interesting. These show that Wills the
wealth of the t inted States in the ..VKre
sate is $i:5,.n'.O,.:,!'C01 as at.'alnt $ss, rtUn-MtiO
for Oreat Rritain and $.l.000.uuo.0is for
France -when the per capita of wealth Is
considered, however, France la easily In
the lead with Urrat Hritaln, a intlier close
second and the I'nlted States a poor third.
The per cnpitat of wealth for Km nee is
$2,070 for Great Urllaln $1,975 and for the
Vnlted States $l.S.-.9.
It would be Interesting to know how this
wealth Is distributed, but unfortunately
no such statistics are available. If they
were It Is not Improbable that the show
ing for the United States would he even
less favorable, for tbere Is probably
greater concentration of wraith In this
country than In any other In the world.
In a recent speech Lloyd George, the
Rrltish chancellor of the exchequer, made
the statement that there were onlv about
10.0110 or so men In Great Hritaln who
would be liable for the sur-tnx on Incomes,
having an Income of $-o,ow or more, it
is probable that New York City alone
would greatly exceed this total.
N Many n Time.
While fortunes nre Sometimes quickly
mnUe In American mines It Is a melancholy
fact that not every man who Invents in
mining atock quickly gets on easy street
thereby.
one of the financial papers the other lay
had a rather grim lest on this point In its
advertising columns In the shape of tha
following advertisement:
"WILL EXCHANGE I have 6.000 shares
of a once well known mining and leasing
company. Will exchange smile for one
setting hen and thirteen froah laid eKKS,
i,eKhui-ned preferred. Only permanent in
vestors need apply. GET RICH AJL1CK."
Chances to Invest.
Last July $J0o,()0,0fl0 was distributed i la
dividends and Interests, and aa an even
larger sum will be paid out next month,
our principal underwriters and Investment
houses are making active preparations to
at tract the reinvestment uf this money.
Ihe Journal's records show that Just over
$1,14)0,000,000 new securities have been Issuetl
since January 1. yet lnvestigatd. reveals
that much new financing la contemplated.
The June 1 offerings 01 new boiuls and
notes are likely to exceed last month
total of $1.t5,Oiiu,uO0. The response to recent
applications for capital haa in nearly every
case been highly Batiai'actory abroad and
at home. The present Is a peculiarly
propitious moment for covering require
ments; Indeed it is questionable if condi
tions can long remain as iavorable a. they
are now.
Money everywhere ts abnormally cheap.
In Ixnidon discounts are only a shade
above 2 per cent, in Paris the quotation is
2 per cent, In Berlin It Is under 3 per cent.
In Amsterdam 2 per ent, while In New
York call money has been in super
abundant supply at 24 and 24 per cent,'
time rate until a few days ago were on
the basis of 2 per cent for short
maturities and 8 per cent tor six months,
and commercial paper was very scurce at
per cent.
Our clearing house banks have been
carrying reserves far In excess of legal
requirements, and the plethoric state of
out-of-town markets has been reflected by
receipts on balance from the interior to tha
extent of well above $100,000,000 since ths
opening of the year. . j
Billion in Neva- Securities,
Nearly T.000,000,000 new securities have
been issued in- the I'nlted States during
the current year. The exact total, as
compiled by the Journal of Commerce and
Commercial Bulletin, has been $92,3;i0,io,
an increase of $76,ua,350 over last year. The'
railroad out put reached the huge figure
of $718,064,900, during the first five months
of 1910, the Increase having thus been
8164.372,1100. The Industrial total of $273,
20,050 shows a decrease of $79,343,660.
1 Storks on Hand.
Were It possible at this time to obtain'
an accounting of stocks of commodities In
the United Slates, the record would have
on important uearing on expectations e
gardlng the Immediate business outlook
of flie - country. Restriction of consump
tion ana curtailment of - demand hava
progressed for so long, yet In no Irregular
a manner, that it has become difficult to
tell with any degree of accuracy Just how.
In this regard, the important industries
stand. Unlike the copper trade, the other ' '
big industries do not make public figures
of surplus Btocks.
In dry goods, production has been so ad
Justed to consumptive requirements that
now It Is acknowledged on every hand that
the trade has rid Itself of surplus stocks
to such an extent thut unsold supplies are ,
the smallest In a number of years. As to
the Iron trade, estimates are difficult. Last
December It waa figured at Pittsburg that
the country's unsold surplus of Iron was
1,300,000 tons, which would have approx
imated the highest surplus ever experi
enced. The increased demand which aroso
temporarily In February and March must
have absorbed part of this surplus.
Whether they have Increased again, in
the subsequent slackening pf business, is
a matter of speculation.
Evaporated Apples and Dried Fralta.
NEW YORK, June 17. EVAPORATEH
A PI'LES Market very firm at the recent ,
advances; on the spot, fancy, lSHfrltici
choice, Hhbc; prime, 13HJ-13?ic.
DRIED FRUITS Prunes, quiet. but
prices are firm on the small stocks; 9(0
144c for California up to 30-40s, and Hit
U'&c for Oregons from 8-30s. Apricots, In
active, but prices are firm; choice, l'.c;
extra choice, 15H-&lc; fancy. lBnc.
Peaches are quiet, but In the absence of
pressure prices are firm; choice, 8(3o;
. v , n e..nn.. ui.tii-u. .
Raisins, Inactive and about steady; loose
muscatels are quoted at fi'iTc: choic; to
fancy seedid. (Write; seedless, 6(fl-65c; Lon
don layers, $1.40. 1.46.
.
RAIN CO.