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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Oct. 12, 1921)
THE Br.E: OMAHA. WEDNESDAY, OCTOBER 12. 1921. 12 Traiisactions of Vear Equal to National Wealth Chaugti in Hummo ami In dutrial Conditions Kr fleeted In X. Y. Clearing House Statement. By HOLLAND. If t!c visible and appreciable wealth of the United Statci, mea urd In dollari ii $250,000,000,000, then the transactions for 12 month ending October 1, in the New York clearing houe were in dollari almost at large as the estimated wealth, of the United State-. The presumption if. that this estimate of our national wealth iis not tar out of the way nnd that belief has been strengthened by the report which came a day or two from Washington telling of an aggregate of $03,000,000,000 as repre senting productive industry, exclu sive of agriculture, in 12 months. Tor If our manufacture ar or o great an amount lo mak It peeslbla lo r port hal onldsrbly mot, thn $. ooO.OOO.OoO represent th money valu of these lndu,trli then It I not an unrss annabl estimate that th vlalbl wealth nf tha I'nlted 8tst la not ar from $150,090,000,000. Tha Invtslbl and not now appreclsbl wealth of tha United mate mu.t be much greater than $340. Ou,000.iii0, and aa our natural resource ore mora and mora developed tha wealth if tha United State will b mora and More Increaaed. Not at any tlma hereto'ore ha It been observed that the transaction or a aln gla yrar In tho New York Clearing Hous klmnat reached, eipraeaed In dollar, our national wealth. An .examination of rec. unla might rsvi. however, that a like approach to our national wealth haa been heretofore mad by the New York Clear ing Bouse transaction In a Uif!e year. Condition Changed. Thera are several point of view which may ba taken when a careful atudy I made of tha report for the paet It month which I the record of tba New York Clearing House association. First of all thla report clearly ahowa the change in buslnea and Industrial condltlona which haa taken place In tha paat two yeara. For lust after New Yoar'a of thla year tha exchange of checks, drafta and other Items which waa mad In th OlearlnK House amounted to 1.42J.0ou.00u rouna numbers. I.'pon no other day In th history of tha Clearing House were ag gregate tranaactlona of that magnitude begun and completed. Soon there began to be a falling off. These enqrmoua clearing on January S of thla year re flected chiefly business and Industrial transactlona of the lattor part of the preceding year. They also reflected very large treaeury operations. Great Falling Off. But nearly three month later there were exchanged In on day In the Clear ing House check and other Item of the money value of only 1288,000,000, round numbers. Tbi great falling off told the story of business depression of last win ter and early spring. For tbe New York Clearing House really reflect business, vommerc nd Industry aa well a for eign trade In and of the United States. Almost all of the drafta drawn upon the domestlo sale and export a well of cot ton passes through. New York Clearing Moiiu The whi.at flelda of the United States having yielded grain were the basla of draf i which In tne aggregai arB very large ana many ui ' v-- through the New York- Clearing Houae. Probably all of them Indirectly reflect Clearing House transactions. This Is true of the steel nnd Iron Induatry and of otner inousiries. oo vusi nun, ,., Or View in ew lurs mnn, cwueo really a national and not merely a local Institution. Figure That Cannot be Grasped. The human mind la Incapable of grasp- In understanding the , figures wnicn tell of transaction in this Clearing Hous nlng to accuatom ourselves to think of industry banking, national debt and taxes in term of billions, yet none but those who posses minds capable of understand ing the stupsndoua figure which repre sent th movement and places of celec- . tial bodie Is able except in tha vaguea: way to comprehend figure that reach In. to th billions. , Therefore when It Is said that the total transactlona of the New York Clearing) House in the past 12 months aggregated almost exactly S226. 800.000,000, all that tbe mind can grasp ia that then figures- represent an aggre gation which 1 stupendous. , Aterog of Per Cent. A good many yeara ago the manager of tho clearing house, . at that time Mr. Camp, reported after he had made an ln veatlgatlon that the average payment of balance was about 6 per cent of the total transactions. Sometime It wa a little more rarely a little less. That aver, age haa continued; therefore we have in this computation evidence of tho enor mity of the liquidation of transactions through the exchange of checks, drafts and other Items. If only i per cent of total transactions 1 the average cah payment to liquidate the balance then it will be een that for ao mall a sum a this in cash national transactions aggre gating more than $200,000,000,000 are liquidated by the swapping of check. For many year It waa tho hop of Mr. Camp that It would b possible to report that the exchange of checka and draft In the clearing house had upon one oc casion at least exactly balanced. He waa never abl to make report of that kind. One In a great while the balances that war paid In cash were very small, al though the aggregate transactlona were very large. The transaction In tho clearing house in th past 12 months td a -considerable extent represent tho opera tion with th federal treasury and of th federat reserva banking system. A them operations are to continue the transactlona In the clearing house will be very large. ' Th New York Clearing Hou associa tion differ In om respect from many of tho Ilk organisation In the United States. Klsewher the clearings are pure ly mechanical or of automatic process. Checka are exchanged, balancea paid and that la all. But th New Tork Clearing Houa haa established rule which are dealgned to facilitate banking operation and aa far a posatble prevent unwise pollclea At on tlm the clearing house 'by furnishing certificates to banker who brought aecurttie to It was able to check and at last overcome panic. But alnce tbe establishment of the federal reserve syatem a method of this kind Is no long er necessary. . Chicago Mv Stock. - Chicago. Oct 11. Cattl Receipt. 18, 000; market, desirable yearlings, strong and best hsttdy weight steer, teady; others, including fat handy steers. ISc to SSc lower; too yearlings. $11.50; bulk beef steers, t.00ft-t.75; ah stock, bulla and ri..M atesdv: stocks and feeders, weak. Hogs Receipts. 28.000 head: market generally steady with yesterday' avers ire: closing, weak to JRo lower; holdover, lib- oral; top early. $9.60; bulk light and light butchers. $8.60 0 8.90; bulk packing ows, 7.!57.75; .pigs, steady; bulk desirable, I'l AAAl.lS Sheep and Lamb Receipts, - 25.000 head; market, killing classes, strong to i6c hlgber: feeder, firm; top native lamb. $9.15: bulk. $9.:. enll ' tsrrrtr. $6.60; top westerns, $9.18r bulk. 89.009 9.3S; rhole native yearlings, $7.26; fat ewes, $4.75 down; no choice lambs here; feeder lamb mostly, $7.76; feeder year lings, $.J5. ' Kansas City Llv Stock. Kansas City. " Oct. 11. C 8. Bureau Vtarketa) Cattle Receipts. tl.0 head: steers, steady to 15c higher: top vearllngs, $9.85: best heavy steers. IS.Sb; ntorkers and feeder. tesdy to strong; earlr sale feeder. 83.eiee.25; atockers. $4.6tS 6: all other classes, steady: most rows. $t.i5)4.09: . bulk heifer. $3 76 4 50; eannar. $2.16.50: mtters. S3.A4 91.25; most .rosier. $8.0099.90; quality poor. Hogs Receipt. 16.006 head: fairly ac tive: ateaay io isc lower; raosiiy iwc lower with yesterday" average :bet ahtp ptng hogs, ts.40: packer top. 81.10; balk ef sales, -t7.254tl.3l: most throw out owe. tt.60S6.T5: stock, pig, steady to tmng: top. S8.56. Sheep Receipts, - 17.84 head: killing rlssses strong to toe hlsher: few fat rwe. 14.6004.15: bast Iamb. $$.$5; balk, 48.40 9 1.75. . ' ttwaz CHy.Mr Stark. Sloaat City. Oct 11. Cattle Receipts. 1.66 head: ateer and yearling. 8 50; market steady; fat cow and heifers, 84 ,7.f0: cannera. 61 ; veals. 644 ft. st feeder, 14.6406.16: calve. $1.8607.66; feeding cows and heifers, .ti.759S.t0) gras cowa and heifers., $176 5.56, Hog-. Tlscelpta. 1.(0 head; market ready. It cent klghcr; light, 87.710 t.tt; IT! Vied. $6.7Stt.5: heavy. tt.9 .: balk of ale. tt.it97.t6. Sheep Receipt. 1,Sy0 teed; market U cent higher. . j i THE GUMPS r kwt tut rvt t covitnr rots my GCt IWBOVXrt OH M wO MUCH WWWAMT Artt ivurnwrnflk 19 VO KOH- 0 Live Stock Omaha. Oct. II. Receipt were! Cattl Ho- Rheep Official Mondsy ...17.4H .! 1.801 Kstlmata Tueadar .. T.00 . S?.Bo Two dsya thla wk. .24.450 S.( 4s."l Kama last nk 23,'iSd .! H.l Man : wks. (o . ..J4.734 ,Til as. 676 Ms me S wka. mo ...IV.M4 ;.ti 45,4 Mama ya:.r acu IS.laS S,'4 4.2,t Iterelpt and dlrposltlon of llva atock at tha Union Htoi-k Yards. Omaha. Neb.. for :t hour, endlni at I P. m., October XI, 19)1. RECEIPTS-OA R8. Cattl Hot Sh'p H it. C. K. 4 St. r. Ry. ... Wabssh H. K 1 Mo. 1'. Ry S Union Paclflo K. R. 48 a l 'SO "72 4 i :a 4 4 3 13 4 1 2 1 "i 7s 117 C. A N. W. Ry., eaat S e 4 N w Ky welt l2 p.. m o... S 0 Bi 4 n By., east C, Ti. A Q. west.. 104 C, H. I. A P., east. 1 !.. It. I. A P.. west . . . Illinois Central Ky. 1 C, O. W. Ky 4 Totat receipts ...170 DISBURSEMENT HEAD. Cattl Armour A Co 1177 Cudahy Packing Co.. 1268 Hold Packing Co. ... 41 S Morris Pscklng Co... 877 Hogs Sheep 1069 2337 60S 2876 .706 .... art 1039 750 3C84 1083 .... HIO .... "is . 12652 , .... Swift ft Co J. W. Murphy Bwarti A Vo. Lincoln Packing Co... Wilson Packing Co... M. Glassburg Hlggln Pncklntf Co.. Hoffman Bros Mayerowlch A Vail... Midwest Packing Co. P. O'Dea Omaha Packing Co.. So. Oma. Packing Co. Benton A Van Sant.. J. H. Bulla R. M. Burruss & Co.. 971 34 13 19 32 12 13 22 9 S3 155 2 3 77 180 200 73S 55 33 637 387 44S 8 2 403 S33 84 (4 j y H. Cheek E a chriitia A Son. I nenn'is A Francl. , gf,","1 o 0 'Jonn Harvey '. Huntgliut & Oliver. , T inghram F. U. Kellogg Joel Lundgren F. P. Lewis M.-Kan. C & C. Co.. Ij. McAdams J. B. Root A Co Itosenstock Bros. ... ST,7M ns Werthelmer & Degen.1520 Other buyer 3841 Ogden 213 Smiley 233 Rothschild 61 Sinclair 28 Kirkpatrlck 23 Ttal .16224 6260 22437 Cattle Tuesday's receipts df cattle were heavier than expected and the quality not particularly desirable aa a rule. Native cattle were generally steady, some choice yearlings bringing $10.0010.60. Ordinary heavy cattle were not wanted. Western range beeves moved alowly at about Mon day's levels largely around $6.766.76. Thera wa a broader demand and a some what better market for cows and heifers, prices ruling strong to 1016o higher and the earn wa trus aa to atockers and feeders. Quotations on Cattle Choice to prime beeves, 8.60(?ii9.75: good to choice beeves, $S.00g8.50; fair to good beeves, $7.60 8.00; common to fair beeves, $6.507.6O, choice to prlmo yearlings. $9.7610.50; good to choice yearlings. $9.00 9.75; fair to good yearlings, $8.009.00; common to fair yearlings. S7.00P8.00; choice to prime grass beeves, $6.8597.60; good to cholca grass beeves. t5.75jg5 6.76 ; fair to good grass beeves, $4.866.75; common to fair grass beeves, $4.0094.75; Mexi cans, $3.7694.60; good to cholca grass heifers, I5.3MJ5.75; fair to good grass heifers, $4.256 25; choice to prima grass cows, $4.8565.60; good to choice grass cows, $4.404.86; fair to good grass cows, S3.75tS4.36; common to fair grass cows, $2.263.85; good to choice feeders, 6.86 6.40; fair to good feeders. $5.25 fc.5.75; common to fair feeders, $4.50 5.26; good to choice atockers, $6.5 6.76; fair to good atockers. $5.2596.00; common to fair atockers. $4.2696.26; stock heifers. $3.7506.00; stork cows, 52.76 3.60; stock calves, $4.007.00; veal calves, $4.00910.00; bulls, stags, etc., $2.6093.26. BEEF STEERS. No. 27... 53... 23... 17... S... Ar. Pr. No. , Ar. Pr. 1270 7 00 40 1422 7 80 1041 . 8 25 24 822 9 21 . 890 75 6 730 11 00 STEERS AND HEIFERS. 831 10 50 ...... HF.IFER& 60S . 9 "WESTERN CATTLE. ' NEBRASKA. JS Mrs. 815 6 25139 fdrs. 11815 5 S5 12 hfrs. 754 4 60ll0 strs. 1235 6 75 11 fdrs. 616 S On! 3 civs. 213 8 75 66 fdrs. 890 6 25(20 strs. 1250 , 6 75 24 COWS 1036 4 00146 fdrs. 1018 6 90 12 COWS 1077' 4 40'28 cows 1085 4 76 12 hfrs. - 6S3 4 16' 17 civ. 270 5 60 29 fdrs. 620 5 00137 civs. 131 6 00 1 bull 1466 3 00135 strs. 1106 6 10 1 bull 1380 3 60 SOUTH DAKOTA, 924 6 40116 fdrs. 1026 1056 6 75 1 bull 1260 947 - 4 60 20 fdrs. 999 868 ' MO I cowa 940 1036 3 50 4 civs. 800 WYOMING. 1092 C 6013 fdrs. 1065 1064 4 50110 strs. 1177 823 4 70113 fdrs. . 616 576 t 00 1 bull "1310' 1185 6 10'12 row 964 1126 t SO! 12 fdrs. 96S MONTANA. 35 fdrs. 11 fdrs. 7 cows 16 fdrs. 11 cows 4 75 3 00 6 50 4 as 6 00 j 16 fdrs. 83 cowa 117 hfrs. 119 ccw j 18 strs. :J3 fdrs. I ' 6 25 6 00 j n 3 00 3 60 S SO 15 cows $56 t fdrs.. 1164 6 strs.; 1150 16 Mrs.. 1132 37 fdrs. i 1062 19 strs.' 12l' 4 75 6 cowp . 949 10120 fdrs. 83 6 00111 cow tt t 101 7 hfra 66 , 5 65 10 civs. 32v 6 351 cow 901 4 75 6 76 4 75 J 60 r f 4 ts WYOMING. H. A. H GASMAN. 21 fdr. . 11S4 t 65 Hog About 4.706 hog wre received for today's trade and the market opened steady to atrong, but. demand tapered oft on the -lat session and closing sale were weak to a little lower. Declines , of a dim or mar, were noted on the finish on hesvy hogs. Best light hog mad a top of $8.40 and bulk of receipts sold from $6.5697.76. HOGS. No. At. Sh. Pr. No. At.' Bh. Pr. 52. .338 186 t 25 34. .844 ... 1 36 69. .353 226 t 45 20i.84t 140 t 60 29. .371 7v t 60 64. .300 326 t 75 54. .326 ... t 10 67. .317 ... T 66 66. .303 tt T 10 41. .271 ... 7 30 66. .291 70 7 40 86. .181 40 T 60 44. .255 ... t 00 49. .246 ... t 10 31. .183 ... 8 i5 41. .209 40 t 30 73. .203 ... t 40 . . Sheep Arrival of sheep and lames were estimated at 37,000 head and demand from all quarters appeared to be fairly active with price for th various clasae ot Mock generally strong to 25o higher. Choir fat lambs were quoted up to 38.66 J 176 and gooe) fat ewe (old at $4,269 4.56. Som aged wether were reported at $5.26 and aom handy yearling at $.2t. Desirable feeding lamb (old free ly, with best kinds bringing $7.0097.25. Quotation on sheep: Ooed to choice fat lambs. $8.46 86.75: fair to good fat lamb. $7.7596.35; good to choic feeder lamb. $6.7697.35; fair to good feeder lambs, $6.4496.65; cull limb. $5,569 6.66; fat yearlings, $5.1696.26: fat ewer. $i.7S94.7S; feeder ewes. $3.6603.66; breeding e7es, $3.5695.35; call wes, $1.60 cocoas WKT? Nov or 7TV" VavX "0 kiu 5 poo. AM nxi smn AHV vou 00 WUfT M0X JAOHTf- a 6tT ovrt Market, Financial and Industrial News of the Day Omaha Grain Omaha. Oct 11. Cash wheat prices were about 2c to 4c higher today. (Jnenngs sold readily. Corn was Vic to ltfc up and generally Mc to lc higher. Oats were 'Ac to lc liiRher, the ouiic cent up. Rye advanced 2'Ac and barley waa up about lc. Receipts of wheat and corn were very light to day, oarticularlv those ot wheat, ar rivals of which were the smallest for considerable time. Wheat receipts were 33 cars, corn 16, oats 23, rye o and barlev 6. The Omaha and Chicago grain exchanges will be closed Wednesday in observance of Columbus day wheat- No. 1 hard. 1 car, $1.03; I ear, $1.0S (smutty); 4 cars, $1.02; 1 car, $1.02 (yel low). No. I hard. 1 car. $1.06: 1 car. $1.04 1 car. $1.04 (aniutty); 1 car, $1.03; 2 cars, $1.02; 1 car. $1.02 (smutty); 1 car, $1.02 (yellow, shippers' weights): 1 rsr. $1.01; 2 car. $1.01 (yellow) i 1 2-3 cars. $1.00 (yellow). No., 3 bard. 1 car, $1.06: I car, fl.01 (smutty); 1 car, tl.01 (yellow, ahlppera' weights); 1 car. SI. 00; 6 cars, $1.00 (yel low): 1 car, 98o (very smutty); 1 car. 07c (very smutty, rye mixed). No. 4 hard. 1 car, $1.04; 1 csr, $1.02 (smutty); 1 car. $1.00 (dark, smutty): 1 car. $1.00 (4 per cent rye); 1 car, 99c; 1-3 car, 95o (smutty). No. 5 hard, 1 car, 96c (yellow). Sample hard. 1 car, 96c No. 1 spring. 1 car, $1.33 (dark, north ern); i cars, $1.22 (dark, northern); 6 cars, $1.20 (northern); 1 car, $1.11 (north ern . v No. 2 spring. 6 cara. $1.19 (northern). No. 3 spring, 1-3 csr, $1.12. No. 5 spring. 1 car. 90o (northern): B car, 85o (northern). CORN. No. 3 white. 1 car. S6io (special bill ing). No. 1 yellow. I cars, 55Wc; 3 ears, 850, No. 2 yellow, 1 car, 36c. No. t yellow. 1 car, 35 tie. No. 1 mixed. 1 car. 8(o (sssclal bill ing); 1 car, 35c. No. z mixen. 1 ear, i,He. No. 3 mixed, 1 car, 34H. No. t mixed. 1 car. 860 (special bill ing). sample mixed, 1 car, !2Ve. No. 1 mixed. 1 car. $1.18: 1 ear. SSc (durum). fy). ' no. i mixed, z car, sec (very smutty). No. 2 durum, 1 car, 84c, OAT3. No. 3 white. 2 cars. 2SAc: S car 28c: 3 cars. 27Vc No. 4 white, 1 car, 28c;' 5 cara, 27 o. Sample white, 1 car. 26o. HY&. No. No. No.' No. No. No. 2, 1 car, 75c. 3. 3 2-3 cars, 7Sic BARLEY. 2, 2-6 car, 45c. 3, 1 car, 46c. 4, 1 car, 41c 1 1 feed, 1 car. 38c: 1 car, S7& neiected, 1 car, 37c; 1 car, Etc Sample, 1 car. S7c. OMAHA RECEIPTS AND SHIPMENTS. Week Year Receipts Wheat Corn Oats Rye Barley Shipments Wheat Corn Oat , Rye Barley CHICAGO Today . 33 . 16 .23 . 5 . Ago Ago 74 46 13 6 5 173 40 4 61 75 21 69 42 ...... 8 5 10 1 ... S -2 .. . CAR LOT RECEIPTS. Week Tear Today, 67 1,166 173 Ago. Ago. Wheat Corn Oats . 125 Holiday 1.402 Holiday 170 Holiday KANSAS CITY RECEIPTS, Weelt Today, Ago. 221 169 ' 46 19 21 29 ST. LOUIS 'RECEIPTS. Week Tear Ago. 131 2 Wheat Corn Oats . 14 Tear Today, ............ 118 69 43 Ago. Ago. Wheat ...... 16 Holiday Corn Oats NORTHWESTERN 15 Holiday 60 Holiday WHEAT RECEIPTS. Week Tear Today. Ago. Ago. Minneapolis ' Duluth . . 664 431) Holiday .. 227 173 Holiday Minnlpeg . .1.564 . ' 1,049 Holiday PRIMART RECEIPTS AND SHIPMENTS, Receipts . Wheat Corn Oats Shipments Wheat Corn Oat "... Today. Yr. Ago. ..2.117,000 ,.1,889,000 .. 856,000 .. 764,000 .. 916.000 . . 884.000 Holiday Holiday Holiday . Holiday Holiday Holiday .. New York Cotton. ' New Tork, Oct. 11. Tomorrow being Columbus day. prehollday short covering, combined with scattered trad buying or ders, prompted-r an early .advance in to day' cotton market,-but following tho rally, the list dropped again and the mar ket closed Irregularly 8 points higher on October, but 7 lower on July. Business was generally dull In the after noon, local and outside nrofesslonala rnl- ilng the market at , will. Early In th j last hour several month advanced to HQ. uigug lor iuq luy, will, 1i.11u.1j at 19.37c, op 32 points, and December at 19.67c. up 29. Renewed liquidation. together wrth -' scattered southern, hedge) selling or a. prehollday character, devel oped toward tba close,' with, th result that the market slowly receded to about last night's final bids. New '.Tark, Coffee, i.-: . ' New Tork, Octfll. The 'market for coffee future wag lower today under selling of December by Importers accom panied by report of slightly easier, cost and freight offers and scattering liquida tion. Houses with European connection were moderate sellers of the later months and after opening at a decline of 2 '.to t points, the market sold 11 to 17 points net lower, with December touching 7.76c. Last price were within a few points nf the lowest, showing net decline' ot It to 15 point. Sale were estimsted at about 34.000 bags. October, 7. tic; De cember, 7.11c; January, 7.82c; March, 7.85c; May, 7.90c; July, 7.17c; September, 7.94a. Spot Coffee Market quiet: Rio 7s, SUc to IHc; aSntoa 4s, HHo t IlVi. , New Trk Dry Goads. . New Tork, Oct, 11. Coon goods vera quiet with prices on a higher baal . for stsndard branded goods. Cotton yarn wer firm in spinning centers, with trad ing quiet. Burlap ahlpment to .this country from Calcutta were 85,000,000 yarda In September. Worsted yarn wer active, especially In all knitting yarn. New hosiery prices were named for spring, showing advancea. Thess advances rarely exceeded, 2 per cent over old lilts. . Cltteag) Fred nee. Cblcsgo. Oct. 11. Bottar Uncharged. Egg Higher; receipt 1.788 case; firsts. 46943c; ordinary Tints, 27 9 S8c miscellaneous. 39940c; refrigerator extra. 31M632c; refrigerator first, labile. Poultry, Alive Higher; fowls, 14924c; springs. 2c (No batter and eggs tomorrow. Oe tobrr 12. aecouat holiday,) IT CAN'T COME XLLOtVAHCt ft $AOX TMAH EXTSAVA6AHT" LOOKfJ kx foi nz (mte r np . eornw or wv wu BOTtlt Cm VOV. CVUkM" OtMttt 0m HVT fir nr $iwa vmz v cmxhcc nt Vou.- tvtt ay SOU WW MTLW -tMHs. cort vce ruxino at i 2 Chicago Grain By CHARLES D. MICHAELS. Chicago TribtUK-OMhaj Be Issued Wlr. Chicago, Oct. 11. Wheat finish ed 3 l-24c higher at the best points of the day. Covering: by shorts featured the later tradintr, while sell ing pressure was light. Armour was credited with picking up the offerings earlier through some of the bigger commission houses. Senti ment is extremely bullish at the close, the trade being impressed with the fact that the market failed to respond to bearish news. State reports on farm holdings of wheat are coming in decidedly bullish and this is causing a change in sentiment. Corn rallied with wheat and finish Gil 3-4c higher. Rye was 3(JT3 l-4c 1 l-3c higher. Rye was 3(3 l-4c higher and barley lc higher. Pro visions were firm. There was a better feeling exhi bited in wheat during the early trading, but at advanced levels the buying seemed to falter and prices could not be maintained at best marks. There was fairly good com mission house buying and local sell ing early. Later houses that tiad been conspicuous on the selling side of late were good buyers, presum ably covering short wheat. How ever, selling by Winnipeg houses in the nature of hedging and by some of the local bears slowed up the ad vance. Receipt Falling; Off. Figure for the trade to ponder over were those issued by tha bureau of mar kets and crop estimates ahowlng 65 per cent of the South Dakota and 43 per cent of the Minnesota wheat crop already marketed. This compare with 40 and 26 per cent, respectively, a year ago. Re ceipt ar gradually falling off. Local receipt of wheat war estimated at 25 cars. Corn exhibited a firmer undertone Caah houses bouaht the corn enrlv aenlnat ale of cash corn overnight. Soma of ine larger snort also tried to cover, but gave un the attemnt in vfow t.t t,a absence of selling pressure. The cash situation Is stronger, with discounts 14 W 14 e narrower than vesterriav. wr weather checked offerings to arrlv. Ro. celpts were estimated at 400 cars. jraumg oasis in oat were slightly above the closina levels nf v,irni,v Volume of business transacted was light u mis waa connnea to commission houses. Concerns with eastern connec tions were noted on the buying side and there waa a -little selling credited to a prominent professional. Receipts were es timated at 100 cars. Rye waa quiet. Cash No. 3 sold at 87 He Reoeipts, t cars. The Chicago board of trade will close tomorrow, Columbus day. Minneapolis and Winnipeg will be open as usual. ! rit Note. Summers-Jones hna tha fAl,nwin- JVentworth, S. D.t "Receipts of corn from the farm hava dropped off to about nothing, - I have taken in some 500 bush els of new ear corn nnd hauled home two big loads to burn. This corn - was bought at $6.70 par-ton.br Just half the price of good soft coal, while hard coal i $18 a ton. I hear that many farmer ar preparing to burn corn. Our corn crop wa tha beat ever raised In South Dakota." The Kansas state report said that 66 per cent of wheat crop had left the farms, against 40 per cent a year ago. Argentine corn prices broke sharply yesterday on increased receipts from the country and more speculative pressure. The Canadian visible wheat supply Is now 17,356,000 bushels, an Increase for the week of 622,000 zushels. It is estimated by the government re port that 65 per cent of the wheat crop of South Dakota waa marketed up to October 1, against 40 per cent a year ago. . Th Winnipeg Freo Press, In an article yesterday, said there had been compara tively email loss in yield from the long wet spell In tho Canadian northwest. The quality, however, has been lowered one of two grade in many cases. Threshing Is' well advanced, and will be completed at many points this week. There annears to be conslrlprnhiA nnin. Ion favoring the purchase of corn and oats, although the immediate conditions are not mucn cnangea. The general view in regard to these grains Is that they are selling below what they should legitimately, and that they are on an in vestment oasis. A London cable said that New Eng. Ilsh wheat sold at North Hampton, Sat urday at equal to SLASH tier bushel. CHICAGO CLOSING PRICES. PyPpdlke Brain Co. DO. 2627. Oct 11. Art I Open. I High. I Low. I Close. I Yes Wht. 1 . . 1 Dec 1.11 1.16U 1.11 1.15 1.11 " ' 1.12 ..- 1.1554 1.11 May 1.16H 1.20 1.15 1.19H 1.16 1.16H 1.1914 1.18 Ry 1 Dec. .94 -.12 .92 .89 May .74 .t7 .94 .97 .9314 ''orn I J . . Dec, .4BH .48 .46 .48' .46H " ' .46 48 .46 '4 May .52 .55 .62 .64 .52 .6254).... 65 .63 nata 1 1 1 Dec .33 .14 .83 .84 .83 ' . - -32 .33 May .38 ..39 .38. .39 .39 pnrk ....;;.......,(........; .39 Jan. (15.00 15.00 16.00 15.00 115.00 Lard I I 1 Oct. J 9.37 9.87 t.32 9.32 I 9.32 Jan. 8.80 S.85 8.80 8.86 8.80 Rih . I 1 1 Oct. .....1.6.76 Jan. I 7.66 7.70 7.60 7.70 7.60 Minneapolis Grain. ' MInneanolls. V Oct. 11. Flour Ttn. changed to loo higher: In carload lota. family patenta quoted at $7.5097.65 per vui., in voi.oa B&CKS. Bran $13.00. . New York Money. New Tork. Oct." 11. Call Monav vr- ket, firmer; high. 6 per cent; low, 6 per cent; ruling rate, 6 per cent; closing bid. 6 per cent; offered at 6 per cent: last loan. 6 ner cent: tlma loans, firm: 60 days, 61406 per cent; 90 days, 5 yW per cent: six months. 614 05 cer cent; prima mercantile paper, 6 06 pep cent. Foreign Exchange Market, heavy: Great Britain demand, $3.85. Iondoa W ool. London. Oct. 11. At the wool, suction sale today, 1,166 bales were offered. Price opened firm. There wa a large attendance.' The bulk of the offerings wa old to home and continental buyers. aiannoa were up rrom 10 in per cent and cross-breds from 6 to 7 rer cent. In ferior gradea were unchanged. New Tork Metal. New Tork. Oct. 11. Conner Market firm; electrolytic, spot and nearby, 13c; later. 13613c. Lead Market steady: spot. 4.7694.75c. Zinc Market firm: East 8t- Louis ". a- Urary spot, 6.65c WITHOUT A SQUAWK I'LL Gtvt .T w Sou vrr voh"r A.SK t (0 CAHX 61T ALDHO XITH TXtt av.umncc at OF AU W 0tKT U5rWlWUT ft 'I k W ft M I m. k a. ... s tpc tiHS Financial By FRANKLIN X. SPRAGUE. Chicago Tribune-Omaha Br Leased Wlr. New York. Oct. 11. There was little signiiicancc in such prica move ments us took place on the stock exchange today, since the endeavor of traders was bent mainly to the task of evening up commitments in anticipation, of the coming holiday. A similar condition prevailed in the other markets. Cotton, after a high degree of ir regularity, closed at a slight advance and wheat had a sharp upturn, brought about by covering 011 the part of those who had been spec ulating for the decline. The foreign exchange market was fairly firm, sterling even showing a slight ad vance, but the buoyancy which has carried rates up sharply in the last 10 days was lacking to a large de gree. Interest in Oil In the tock market, chief Interest again centered In the olla Bnd price moved forward a a reflection of further favorable new with relation to prices. Th upturn In crude petroleum has al ready begun to bring about advances In the quotations of refined products and those who wer a bit skeptical a to tho Import which could ba attached to the rla in crude, wero inclined to believe that the advance of the refined products in dicated a definite change In this Indus try. Th forward movement In the oil stock waa most notlceajjlo In the "over tho counter" Issues, among which are Included the majority of the atandard oils. Once again there wa a sharp de marcation between domestic oil and those having properties in Mexico. The failure of the latter to tak part In the rise may or may not reflect doubt a to the life of the oil field In Mexico. Deficit in Steel. Wall street had its first opportunity to scan a report of one of the large steel companies for the third quarter of the year. The Lackawanna Steel company for the September quarter, showed a de flclt after taxea and charges, of $1, 208,276, aa compared with a deficit of $983,127 in the preceding quarter and profit of $3,282,144 In the corresponding quarter of last year. The Impression Is becoming firmly rooted that the steel industry haa turn ed the corner. The statement of foreign trade for September shows exporta and imports at close to the low point for the year. The former amounted to $325,000,000 and the latter to $180,000,000. witn me exoep tlon of July, these figure aro the lowest in 12 months. New York Quotations Range of prices of the leading stocks furnished by Logan A Bryan, Peter Trust Bldb.: RAILS. Mon. High " Low Close Close . 86 S6H 86 14 864 . 33 Z7M, 87 38 .113H 112 112 113H , 73 7314 73!4 73 A.. T. & S. F. Bait. Ohio .. Can. Pacific ... N. V. & H. R. .. Ches. & Ohio .. Erie R. K Gt. North., pfd. . Chi. Gt. Western Illinois Cen. ... Mo., K. & T. ... K. C. Southern . Mo. Pacific N. T., N. H. & H. North. Pac. Ry. ., Chi. & N. W. . ... Penn. R. R Reading Co C, R. I. & P. ... So. Pacific Co. ., So. Railway .... Chi., Mil. & St. P. . 54 64 54 . 1314 13 13'4 . 73 ,73 73 . 7 7 754 13 74 7 95 1 25 19 14 76 69 36 71 33 78 20 25 121 7 24 80 86 54 24 63 24 41 24 53 84 79 40 14' 11 25 35 21 22 1 25 19 14 76 69 36 71 83 79 20 1 25 19 14 75 68 36 70 32 78 19 25 1 25 19 14 76 8 86 70 32 78 20 25 121 83 89 86 24 26 Union Paclito ..121 123, Wabash , Allla-Chal. Mfg... 24 Am. Loco. Co 89 Bald. Loco. Works 86 Beth, Steel Corp.. 64 Colo. Fuel. & I. Co. 24 Cruc Steel Co.... 63 Am. Steel Found.. 24 Lnckaw'a Stl. Co. 41 Mid. Stl. & Ord... 24 Press. Stl. Car Co. 66 Rep. I. & S. Co... 61 Ry. Steel Spring... 83 U. S. Steel 79 S3 89 86 63 24 62 24 40 23 66 51 83 78 63 24 40 23 56 51 83 79 40 38 12" 2554 51 . 35 22 22 11 13 63 26 26 82 86 COPPERS. Anacon. Cop. Min. 40 40 Am. S. St Rrjrr Co.. 38 S8 B. & Sup. Min. Co Chile Copper Co... 12 Chino Copper Co. 25 Calumet Arizona 51 Insp. Cofts. Cop.. 35 Krnnecott Copper.. 22 Miami Copper Co. 22 Nev. Cons. C. Co. 11 Ray Cons. Cop. Co 13 Utah Copper Co... 63 11 25 61 85 21 22 11 13 62 11 13 63 INDUSTRIALS. Am. Beet S'r Co. 26 26 A.. O. & W. I. S. S. 27 Am. Inter. Corp... 32 Am. Sum. Tob. Co. 37 . Am Cotton Oil Co Am Tel & Tel.... 108 Am Agr Ch Pro American Can Co. 27 Chandler Mot Car 40 Cuba Cane Bug Co 6 Cal Pkg Corp 66 Cal Pet'leum Corp 42 26 32 36 26 88 6 , 66 41 76 40 Corn Pdcts Rfg Co' 76 Nat Ennui, Stamp 40 Plsk Rub Co 11 10 Gen Electric Co. .125 124 125 Gt North'n Ore... ,.;.; Gen Mot Co 10, t 9 9 Goodrich Co .... 32 Sl 31V Internnt Virverr 7r- ir.K Tes Haskell. Brkr Car 671 67 57. U S Ind Alconol Co 44- 44 44 internal jNicKet .. . 14 14 it Internat Paper Co 48 47 47 V. Island Oil ....... 3 . 8 3V; AJax Rubber Co . . . 22 " 22 22 Kell I SDr'a-f Id Tire 42 -41 42V Keystone Tire, Rub 10 10 10 Mex Petroleum.... 93 91 93 Middle Statea Oil.. 13 13 13tj Pure OH Co. 28 27 2811 Willys-Overland Co. 6 6 I Pacific Oil 40 38 40 Pan-Am Pet.' Trans 43 40 414j Plerce-Arrow Motor Royal Dutch Co.. 47 46 47 U S Rubber Co... 48 48 4JM Am Sugar Rfg Co. 55 63 64U Sinclair Oil A Rfg 21 21 31 lj pears-KoeoucK uo. e. Stromsberg Carb, Ptudebaker Corp. 29 71 64 6 Tob Pdcts Co. Trana-Con'tal Oil, Texas Co U S Food Pr Com 12 124 13 12 U S 8m. Rfg, Min 33 ' 33 33 White Motor Co.. 35 35 S5 35 Wilson Co., Inc 34 West'gh'se El, Mfg 46 44 44 45 American Wool Co 74 74 74 76 Total shares (old; 442,300. Money Close, 6 per cent; Monday' close, 6 per cent. Marks Close. .0082; Monday' close, .0064. ' Sterling Close, 13.84 : Monday's close, $3.86. New York Liberty Bond. New Tork. Oct. 11. Liberty bond closed: 3. 89.60; first 4s. $94.6 bid; first. 4 is, $93.04; Victory gs, $99.3k. . raj M tms tVAt w 'Clt- ttnetir Sou to- TO in MX Omaha Produce Furnished by Stat of Nthrsska, de partment of agriculture, bureau of mar ket and marketing: LIVE POULTRY. Wholesale Wholcaa: Buying Pr. Selling Pr. Hptlt.g, ttt.16atu.l7 $0,186 $0.20 )loii, light U 17 .IS .23 Hens, heavy ... .18 9 .19 .iM .24 Cock 1060 .11 .I2r . Ducks 109 .11 .lttt .20 Oevse 05tv .13 .109 .20 Turkey 169 .36 DRE8HED POULTRY. (0.249$0.26 23 .24 finrtnrs Hons, light Hens, heavy Cocks . . . . . Duck . . Geese ..... Turkey . . . 8clct NO. No. 2 Crack .... .29 .18 .26 .26 .50 .179 .209 .209 .469 EUG8 ....$0 34jrl0.38 32 (.35 23l '.26 Iflp .23 $0.409$0.42 .35 9 . 40 ,281s .80 .239 , .20 BUTTER. Creamery, pr't .46 9 .459 .r6i .269 .47 .46 .36 .27 Creamery, tub . Country, best ,. Country com... Butter fat, at atatlons Butter fat. di rect shippers. .J0W .229 .35 .26 .339 .34 38 9 .40 Fruit and Vegetables, FRUITS. Bananas, 7c8c lb.; oranges, size 100 and larger, $6.51197.60: size 200-260. $9.00 36.50; size 288-324, $5 0o5.50; apples, Jonathans, box, $3.0093.60; Jonathans, banket. $2,75; Grimes Golden, box, $3.00; Mount Pleasant, box, $2.76: Delicious, box. S2.76; pears. $3,754(4.60; peaches, Elberta. crate, $1.65; prunes, lug. 1 1.1 R 1.25 ; crate, $2.00; grapes, Tokay, $1.7592.00; Muscat, $1.6591.76; Zlnfandcl. $2.25; cranberries, bbl., $13.40914.00; box, $8.76; lemons, $6,6097.50. VEGETABLES. fotatoes, Nebraska Early Ohio. No. 1, $2.1592.25; Nebraska Early Ohio, No. 2, $1.6691.90; Red River, $2.3592.60; Brown Besutles, $2.60(32.65: Western Whiles, $2.26; sweet potatoes, 1 bu. hampers, $1.60 92.00; bbls., $6.756.00; celery, Colorado Jumbo, dozen, $1.75; Michigan, dozen, 66c; cauliflower, per lb., 16c; head lettuce, crate, $4.50; leaf lettuce, dozen, 60c: egg nlant. basket. $1.00: onions, lb.. 4c94c: onions. Snanish. crate. $2.50: cabbage, lb.. 2c3c; Hubbard squash, lb., 3c; green beans, 1 bu. hampers. $2.60. Wholesale prices of beef cut are a follow: No. 1 Ribs. 22c; Mo. 2 Ribs, 16c; No. 3 Ribs, 13c. No. 1 Loins. 26c; No. 3 Loins, 20c; No. 3 Loins, 14c. No. 1 Rounds, 16c; No. 2 Rounds, 14c; No. 3 Rounds, llc. No. 1 Chucks, 9c; No. 2 Chucks, 8c; No. 3 Chucks. 6c. No. 1 Plates, .6 c; No. 2 Plates, 6c; No. 3 Plates, 6c. Omaha Hay Market. Prairie Hay Receipts, good; demand, fair; the better grades selling satisfac torily, but other gradea moving rat 11 or slowly at a slight decline. Alfalfa Receipts, fair to good; demand for good color fairly leafy dry alfalfa, other grades ara In light demand; prices unchanged. Straw No change. Upland Prairie No. 1.. llt.00911.SO No. 2 9.00910.5O No. 8 7.509 8.50 Midland Prairie No. 1 $10.00910.50 No. 2 8.509 9.60 No. 8 7.009 8.00 Lowland Prairie No. 1 8.00 9 9.00 No. 3 7.00(g) 8.00) Alfalfa Choice 17.00918.00 No. 1 15.00916.00 Standard 12.00 14.00 No. 2 9.0012.0fl No. 3 8.009 9.00 Straw Oat 8.00 9 9.00 Wheat .' 7.009 8.00 ' New York Bonds. Tho following quotations ar furnished by Logan & Bryan, Peters Trust BIdg.: Atch. Gen. 43 74 t 74 Atch. Gen. 4s 78 78 B. A O. Gold 4s 71 9 71 Beth. Steel Ref. 4s 86 86 Cent. Pac. 1st 4s 76 76 C. M. & St. P. Gen. 4s .... 64 9 65 C. & N. W. Gen. 4s 76 76 L. N. U. 4s 8314 9 84 New Tork Ry. 4s 20 9 25 Nor. Pac. P. L. 4s 769 77 Nor. Pac. P. L. 4s 76 9 77 Reading Con. 4s 77 77 U. P. 1st 4s 82 9 82 U. S. Steel 5s 94 95 U. P. 1st Ref. 4s 78 78 S. P. Cv. 5s 92 9 93 S. P. Cv. 4s 83 9 83 Penn. Con. 4s 86 9 87 C. A O. Con. 6s , 839 84 Ore. S. L. Ref. 4s 84 86 New York Curb Stock. The following quotations are furnished by Logan A Bryan: Allied Oil 8 9 4 Boston Montana 1 4-169 1 8-16 Boston Wyoming ..... 80 9 82 Cresson Gold 1 8-169 1 Cosden Oil 6-69 Consolidated Copper... 1 & 1 Elk Basin 6 9 6 ' Federal Oil 9 1 7-18 Glenrock Oil ......... 1 9 1 Merrlt Oil 8 9 8 Midwest Refining Co.. 140- 160 Silver King -of Ariz... 10 9 20 Sapulpa Oil 3 9 3 Slmms Petroleum 9' 7 Tonopah Divide ...... 77 9 78 U S Steamship 30 9 32 XT. S. Retail Candy 9 6 White Oil 9 15 Foreign ' Exchange Rates. Following are today's rates of exchange as compared with the pur valuation. Fur nished by the Peters National bank: fur vaiu-tion Tonav. Austria Belgium Canada Czecho-Slovakla Denmark ...... England France Germany . Greece Italy .30 .0007 . .195 1.00 !27 4.86 .193 .238 .195 .195 !27. . !27 .195 .0720 .9153 .011 .1900 3.85 .0733 .0084 .0425 .0405 .0043 .1220 .00023 .2335 .1630 Jugo-Siavla , . . , Norway ....... Poland Sweden Su-ltxerland ' New York General. New Tork. Oct. 11. Wheat Spot, mar ket firm; No. 2 red and No. 2 hard. $1.24: No. 1 Manitoba, $1.25 and No. 2 mixed durum. $1,14 c i. f. track New Tork, to arrive. Corn Spot, market firm; No. 2 yellow, 5c; No. 2 white. 66 c and No. 2 mixed, 64 c, c 1. f. New York, lake and rail. Oats Spot, market steady; Nd. 2 white. 46s, Hay Market quiet; No. 1, $29.00931.00; No. 2, $28.00929.00; No. 3, $25.00927.00; ' saippinc. I23.ooesz5.oo. Other articles unchanged. New York Dried Fruits. . New York. Oct. 11. Apples Evapor ated Market nominal. Prunes Steady, i- Apricot and Peaches Firm. Raisins Quiet. SAFETY AND PROFITS IN STOCK MARKET TRADING. Learn HOW to combine the fat your trading by th ae sf PUTS and CALLS With only S40 yea CMtrei 100 shares el any- stock. Writ for explanatory booklet No. 14; M obligation. PAUL KAYE. Ill Broadway, N. Y. Drawn for The Bee by Sidney Smith. Copyright, 1131. Chicago fribuM towpsBf VC CAM TAKX TMr fLL UT VlM HAVC BUT U itVL HtIA "WE Uonds. Tho following quotation are furnlahed by Logan A nryan, I'oters Trust mug. Am. Hmelt. Jits'. 6 Am Tel. Col. Is. 1946 79t 60 64 98 88 a Armour 4a. 119 II. O. R-f. C., 1995.. Ii. 4k O. Cvt. 4 1933. ... 739 73 ... 70 9 70 Cal. Oa Unl. 6s, 1937 C, M. A St. P. (Jen. A Ret. C. M. A St. P. It'll, ai lit f. 4s. 2014 .. , U. I. r P. Kef. 4. 19J 4. P. A It. a. Vol 4s, 1936 .. 'It. Nor. 4s, l6t III. Central Joint 6s, 1933 . Mo. Pac. Rrf. 6s, ll2 Mo. Pac. Ref. If. 1926 . . . Ill . . 49 6G 67 67 :o9 7 67 67 Mt0 63 4e 96 M lhtt 66 87 St, 86 Hlo Qiando W. 1st 4s. 1919.. 66 S St. I. A S. V. P. I- 4s, I960.. 68 W 63 St. L. A N. F. Adj. t., 196E 669 66 St. L. 8. K. Int. 6s, 1912.. 67 O 67 Wilson 6. 1941 90 90 809 -81 52 9 62 SK 40 ' 77 76 S.1tt 84 66r 66 709 70 K. C. Sou. 6s, 1969 r. a. W. 4s, 1969 Sea Bal 4s, 1989 Colo. South, 4s. 1935 C. A ). 6s, I. H. T. 6s Hud. & Man. Rf. 5s ... Chicago Mocks. The following quotations ar furnished by Logan A llryan: Armour e Co., pfd tl Armour Leather Co., com. 12 Llbby, McNeil ft Llbby 8 Montgomery Ward Co. 19 National Leather 6 Bwlft & Oo 95 Swift International 23 Union Carbide A Csrhon Co 44 Bar Mlver. New Tork, Oct. 11. Foreign Bar ver-72c; Mexican dollars, 55c. s:i. SAVE "Save" f the magic word. It Is the foun dation of fortunes, the keynote of happi ness, and the back-bone of the nation. It it your duty to yourself, your family and your country to save. All good citi zens are saver. Bat if you are to be a success at sarin;, you must do it en a definite plan aystem atically. And then you must invest your savins at a profit. The Kriebet Systematic Savin; Piatt shows you how. It make one problem of savins and investing and then (olvea the problem. Over 97 of all who undertaketoaaveand invest on the Kriebel Plan continue with it. It yon want te know man shout this viral subject ask as fsr a FRfcl espy of "Getting Ahead." KRIEBEL & CO. invtmtnt Sacurititt '. , 117 feath La Mb SL, Chiest ast,eitr Ms MwtsJnt tteafanf CbiHit strait Ckvausst StLtsis GaaksMti Suggestions for Investment Yielding 51 to 6 Yield Nebraska Municipals ............. .6.00 Pennsylvania R. R. Equip 6's, 1930-32 . 5.80 Province of Ontario 6's, 1943 . . ...... 6.10 Yielding 6.to 7 City of Toronto Argentine Gov't Yielding Over 7i8 Fisk Rubber Co. United Drug Co. Local Preferred We recommend all of the above securities and; will be pleased to mail detailed -information-on request. 1 " Burns, Brinker & Company Lincoln Office S. W. Corner 17th and Douglaa Bonds and Stock 1026 Terminal Bldg. . OMAHA, NEBR. . for Investment The Updike Grain Company Operating a large, up-to-date Terminal Elevator in the Omaha Market, it in a position to handle your ahipment ia tha best possible manner i. e., cleaning, transferring, storing, ate MEMBERS Chicago Board of Trade Milwaukee Chamber of Com merce Minneapolis Chamber of Commerce OFFICES OMAHA, NEB. LINCOLN, NEB. HASTINGS. NEB. CHICAGO, ILL. SIOUX CITV, IA. KANSAS CITY. MO. All of tbeM office, except Kaasaa City and Mil. wsuk, ar connected with each other by prlvat wire. It will pay yon to get ia tooch with one of per office when wanting to BUY or SELL any hind of grain. Wa Solicit Year CONSIGNMENTS OF ALL KINDS OF GRAIN to Omaha, Chicago, Milwaukee, Kaasaa City and Sioas City Every Car Receive Careful Personal Attention. The Updike Grain Company The Reliable Ceariganeat Hoaae British Welcome Visit of Pershing MiitUm ;ia.lly Attrjit IU towiil of Coiigreitiouil Honor Mftlal. London. Oct. 11. (Hy The As lociatfd Treat.) The Uritist gov ernment last night tfte.jrui.hed to Tarit expressing it plratuie at the proposed iit of General IVrthing tt lay the congressional nuclei of honor on the tomb of the Hri'itU m known soldier in Weotminttrr Abbey and General I'ershing is aurtJ the warmest welcome. The cabinet ministers were absent from London over the week-end but on returning to London dealt promptly with the question, and it is allirmed the government vtewi the visit with the greatett satisfaction, A l'aris dispatch of Sunday night, quoting what was said to be a most i authoritative source, stated that Oen- .7 ml I'ershing Intended to sail for home October 20, and would not go to London. ' Near Tork Rugar. New Tork. Oct. 11. Ther wa n Chang In raw augsr prliea today, with I'nrio UK-OS and Philippine island cn trlfugsl quoted at 4.1). whll Cub r held at 4.2J.!. Ther wer al by th committee ul S.tO' b,gs of Oubaa to local and outpnrt refiner at 3 Ho. cost and freight, iual to 4 lio for ceotrlfugsl. Aflsr showing sunt hesitation at th start. Ih raw sugar future market firmed up on covering and buying be lieved to be for Kuropean account, wltn closing price 1 to I point Pt higher. IMomber closed at i Uc; Marsh, 3.21c; Mav, .36o and July. 3.46c. Ther.. were no rhalig In rflned ugar with fin granulated listed at S.Soo to C.SOu and with only a moderate Inquiry repurteJ. 1 . , Refined future wer nominal without transactions, closing net unchanged Willi December at S.40c; March, 6.36o, and Ma), 6.49C Turpentine and Koala. g..h n . Oct. 11. Turpentin tiH.n. tai.f i.Ui. 183 barrels: receipt 483 barrels; shipments, 165 brrIa; tock. t,99t barrel. , Rosin Klnn: sales, I9t cask: rClpt, 2,066 casks: shipments, 1,080 cask; (took, '"Quoter'n'o SPOH $4.$0; I. 4.36j K. $4.76: M, $5.10; N, $5.25; W. $S.S0, WW, $5.75. Federal Land Bank , 5 Per Cent Bonds Dae May I, 1941. Optional May 1, 1931. " Exempt from Federal, State, Municipal and Local taxation. Price 100 and Inter est Yielding 5 Per Cent Circular on request fr OB-42S The National City Company Omaha First Nat, Bank Blag. telephone 3816 Dpugla 6's, 1930. Tt, 1923. 8's, 1941 . 8's, 1S41 . Stocks... . . ........6.53 7.20 .8.10; 8.15 .8.00 ti! St; Louis Merchant Est change Kansas City Board of Trade Siou City Board of Traao Omaha Craia Exchange AT V HOLDREGE, NEB. GENEVA, NEB. DES MOINES, IA. MILWAUKEE, WIS. HAMBURG, IA. VMEStAu errv jqdj I it r i JO