Omaha daily bee. (Omaha [Neb.]) 187?-1922, November 02, 1921, Page 13, Image 13

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    THE BEE: OMAHA, WEDNESDAY. NOVEMBER
19211
IS
v
German Fiat
Money Upsets
World Values
Teuton Ma nilfartnrrri Roan
... --r
Enormous Profit! Through
. Policy Which Imperil.
American Industrie.
By HOLLAND.
When Salmon P. Chaie, ss sec
retary of Ihc treasury in President
Lincoln't administration wai put to
hit wits' end in order to secure
funds and means whereby the cost
of the Civil war could be met, he
advised amongst other things that
congress authorize a legal tender
note commonly known as "green
backs." That note is simply a
promise to pay sometime or other.
, Jt was really forced loan. It
. would have been useless as currency
had not congress imparted to it
jj authority for its use in payment of
debts. In other words it was a !e
gal tender, but it was also fiat nion
ty pure and simple.
. Th issuing of It caused a rapid appr.rl.
atlon In (014 and silver snd a speedy
withdrawal of cold and silvtr from cir
culation. But II was a war muiuit and
ill rountrjr accepted It for that iiuon.
Jt brought about normoui Inflation, cul
minating, s Inflation always does.' in
tanle and coll pa, which-now Id.niif!
iht ymr IITI aa th on asaoclaod with
a grrat an Amarlcan panic a any othar
asceptlng possibly that of 1147.
(ersaaa Mark rial Money.
Today th greenback paste Into unl
veraal and well-credited circulation tha
world ovrr, because by law of congress
8100,099,90 In (old hav been t aaliin
ai a p.rnian.nl banla for Ihl rrni-y.
Our greenback war Issued a war
mraaur and wa wr many yaara recov
ering from tha speculative and Inflation
lnflusnr.s which this currency cauad.
in uarman mark Is not a war mess
ura escept In tha sans that It la a post
war mii,urt. it la riat money ami
I playing s part which faw paraon rasl-
lia In disturbing aconomlo conditions th
world over. This sapor mark la not eon
vtrtlbl Into gold rlor Is thar any muit.
tlon that It is avar to b eonvrtlbl. Jt Is
not even a promise to pay. It Is flat
money and th only reaaon It haa any
currency value In Oermany la baaed upon
tha fact that by law It Is made a legal
tender as our greenback ere. for th pay
ment of debt. In other countries than
Clermany It la not currency at all. It has
no other than a apaculatlv value of which
Mini In th United Btaee and eleawhsro
have ventured to take advantage. It Is
mors and mors threatening American In
dustry and It la not Improbable that It
may be followed by a cutting of prices
unprecedented In ths world's commercial
, history. That Is tha point which ths pao.
pie of tha United States and cungrvM
ahould now underatand and bear In mind.
Mark I'ndervalucd.
The German mark Is now greatly under
valued In foreign exchange. The beat
authorities In New York say that thla
undervaluation, although to a certain ex
tent to be attributed to speculation and
also to the Import tariff which the United
States eiacta and to the export tariff apd
restriction which Germany haa adopted,
! undoubtedly chiefly the reeult of Im
mutable economic law. In theae worda
some of tha best authorities In New
Torlc explain tha situation. Ons of them
ssld: "When on country continues to owe
other countries mora than Is paid ty
credit, goods or (old then a situation arlaos
which is surajy reflected In the foreign
exchanges by undervaluation. As unuer
valuation Increases It becomes mors and
mors profitable for German manufac
turer! to export their products to the
United State."
Some of our business men and mapy of
our bankera who have been and are now
receiving reliable information from Ger
many have learned that Oermany Is now
working very hard, that there is
little unemployment, that her factories
are running full time, and that her In
ternal buslneaa Is excellent. Wages are
much lower than in the United States and
in addition to his pay a German sonuui,
ia assured by law of low rent and low
price food. For that reaaon any com
parison based upon wages in Germany
and wagea In the United States is of
no value. .
Where His Profit Comes' 'From.
Th German manufacturer Is now pay
ing nine neea lo me comparative coat ui
production, because he has an advantage
amounting In Itaeif to an enormous profit
by reason of the fact that the mark haa
a greater purchasing power in Germany
than Ha exchange value In foreign coun
tries, particularly the United States.
The latest Information received from
Germany which tells of wholesale prices
of all commodities shows that 17 79-WU
marks will now buy as much in foods aa
one mark would buy In 1913. On tha
other hand tha Federal Reserve board
la authority for statement that 11.42 will
not buy as much In goods a . would
buy In 1919. But In September $1 in
New York would purchase 104 marks at
9S-100 cents each.
The gold purity value however of the
dollar Is 4. Its, and of the mark Is 23.83
cents, Vherefore If it be assumed that the
wholeaal prices In the two countries were
approximately the same, in 1913 then the
mark should have had an exchange value
In New Tork in September of thla year of
11.92, Instead of 96 cents, 'ine puollc
and congress should understand that for
this reason th German manufacturer, by
selling his product In the United States in
September tor American money and 1m-.nMI-tetv
converting the money thus ob
tained Into marks, would have received
just twice a much in marks as he would
have? received by selling in uermany.
Thus when the German manufacturer re
ceives 2 cents a pound for his product
In New York he Is really getting 4 cents.
Germany is now causing a constant under
valuation of the mark because It has
keen steadily Inflating-"Its. Inconvertible
paper money and then exporting it to
roretgn countries, inis is noi a mere
passing phenomenon.' It will be continued
. until the inevitable financial collapa
come and when 1- does come tne re
action from It will be felt In every nation
. In th world, and especially in the United
Btetea. Therefore, the almost paramount
question for this country to answer at
this time Is how we can protect ourselves
without the same time Imparting' aerlous
damage to Germany from the almost ap
palling -consequences to - our' industries
which will follow an unrestrained continu
ation of the German policy. ... ;
'". New York Money.
Nv York. Nov. 1. Call Money Easier:
fclgh. Sty per cent; low, 6 per cent; rui
ng rate, Bfy per cent;; closing oias.
er cent; ottered .at a cer .cent: last. loan.
per cent.
Time Loans Steady: SO days. SUftBU
per cent: 90 days,-SH 6)5M per cent; 6
months, S W 0 5 per cent.
Prim .Mercantile Paper 5 H OS par
fcent. , s ...
Bar Silver. :
New York, Nov. 1. Foreign Bar Silver
9c; Mexican dollars, 6SK& ...
Real Estate Transfers
Chopen A Co. to Evelyn May Pratt,
Grand Ave., !4o ft. W. of J7th
. St., N. 8. 45x125 I
hopen A Co. to Walter B. Zlnk,
S B Cor. SOta and Lake sts.,
45x120.
Ethel H. Moeller and husband to
Samuel A. Alklre, S. E. Cor. 4!th
and Wakeley at.. 86x104.15
Simon Swanson end wife to I,. E.
weaver. Poppleton Ave.. 100 ft.
W. of Park Ave., N. S 60x100...
Chris Palleeoa and wife to Chart's
J. Karbach. Barker Ave., 135 ft.
W. of 42d St, S. a 45x101
Bans Ahrenkell and wife to Helen
. . N. Huckstep, sgth Ill ft. 8.
of F St.. E 8. S0xl50
William B. Mollnare and wife to
M. H. Cruise, SOth St., 4 ft. S.
..of..PraU st- k- S. 40x149
1C H. Cruls en ,4 wife to Rosa F.
Pratt St.. E. 8. 40x148
"7 Mailer anrf wife to Jerry
Smwh,.et 4th St.. 71 ft. S.
of Maple St, W. S. x7Vi
Bartholomew Real Estate Co. to .
F.ntella A. Larson, soth St., 62 ft. '
8 of MereHlth. K. 8. SOxIJS
pTlneent Xenny and wife to Joseph
Lean. Mth St.. 114 ft. 8. of
Ptnkney St, W. 8. Cx214
sHsry Emily Crawford to Emma
F. Krs, :ih St.. 175 ft & or
Shlrlev St. W. 8. SOxlss
1
1
' 235
1
S.S6S
1.60S
1,500
. 1
t,IO
1.500
s.oos
100
ISO
1.100
4.200
T.50O
SOS
Kebraska Paving A i-oao Asa'n to
x.svi f. rerkina. setn Ave. 200
ft N. of Pratt St.. W ft 40x1 11
(ouls Joseph Stein and wit to
J a me roreneaa. Hamilton St.,
is rt vr. ot aist et, b. b.
SOxlTt
Talwln O. Perry and wife to Mary
L. Cooper. Park Ave., 225 ft 8.
of Jackson St, W. 8. 61x140
Sessle Wohlner and husband to
Lloyd L. Howell. Hascall St.. ST,
ft -W. of lth St. a S. 9SxI2..
CmU Levgreen to Em 11 Peterson,
S. E. Cor. SStk Ave and Cass St.
SSsltS
Tnin m Txmc
s
LOO AT "WC
I PVJCK-S 0mj
l i vrM-tH V.VOC-
KOt -v Of T
LiveStock
Omaha, Nov. 1.
Receipts wri
Catlls Hots Sheep
Offirlsl Monday ..
1.414
4.114
Ksllmals Tuesdsy
. 4.J0O
J 1.614
.21111
.1S.ISS
,:i.4
.10,14
4.404
M4S
IS.I1
11I4
III)
4.104
IS.60
Two days this wk,
Sams days last wk.
Ham S wke. a so .,
Same S wks. aso ,.
17, Its
:.74
41.S4I
SI. Ill
s,s:s
Sam year aso ....
Rerelnls and dlsnosltlon of II v stock at
th t'nlon Stock yard. Omaha, Neb., tnr
It hours, nain( at p. m., noveinoer
1, l2i:
R KC E t PTH C A R 8.
CattlsHfsBh'P
C. M, ft St. P. My. I
Wabash R. R. 1
Union Paclflo R. R it IT 1
C. N ,W. Ry., east 4 S ..
C. ft N. W. Ry., west 41- IS IS
c, St. F ai. ft o. y. ij s
C. n. ft O. Ry.. eaat S S
C. B. ft U. Ry.. west 41 11 10
C, R. I. ft P.. east II S
C. R. I. ft P., wat 4 S
Illinois Central Ry 1 S
C, U. W. By 1 2
Total receipts ITS SS SS
DISPOSITION HEAD.
i Caul Hois Sheep
Armour A Co. 44 166
Cudahy Pack. Co. ... 164 1414 Z07
Dold Pack. Co 44S TIS 244
Morris Pack. Co. ... 620 776 1016
Swift A Co 6!6 - 427 S64
J. W. Murphy S6S ....
Lincoln Psck. Co. ... ST
M. Olaasbur( S
Hoffmsn Bros 17
Mayerowlrh ft Vail ..18
Midwest Pack. Co. .. S
Olden Pack. Co ' 30S ....
Omaha Pack. Co. .... 6
So. Omaha Pack. Co. '18
Houseman 68 ....
Benton ft Van Sant . , 45
J. H. Bulla ! 66
R. M. Burruss ft Co. , 71
W. H. Cheek , 42
Dennis A Francis .... 67
Ellis ft Co 41
John Harvey 394 ,..
Huntslnger A Oliver . 122 .... ....
T. J. Inghram 11
F. Q. Kellogr 121
Joel Lundgren 147 .... - . ...
F. P. Lewis 76 1
Mo. -Kan. C. ft C Co. 73
L. Mc Adams 4 .... ....
J. B. Root ft Co 123 .... ....
Rosonstock Bros. .... 133 .... ....
Sullivan Bros 6 ....
W. B. Van Sant A Co. 39 .... ....
Werthelmer ft Deg-en . 218
Other buyer 1133 ' 7361
Totsl ...6023 4,660 12,51
Cattle With another llcht run of cat
tle Tuesday, 4,200 head, th market
showed further Improvement In com
lines, but wss very uneven. Most of ths
native cattle were on the short fed order
and prices were rather uncertain. J West
ern rangers were comparatively scarce
and quotable strong while cows and heif
ers ruled strong to I0l&o higher, and
stockers and feeders were In active de
mand and strong to 16025o higher than
Monday. Outside of the short ted and
warmed up cattl it was an active and
nigner market.
uuotationa on cattle unoiea to prime
beeves, 12.00010.00; good to choice
beeves, $7. 75 8. 00; fair to good beeves,
7.007.75; common to fair beeves, $6.00
V7.0V; cnoice to prim yearlings, iu.ou
S 11.50, good to choice yearlings, 19.25
10.50: fair to (ood . yearlings, IS.25
9.25: common to fair yearlings. 66.60
S.00; cholcs to prime grass beeves, 16.75
i.iu; gooa to cnoice grass oeeves, sd.io
6.75; fair to good grass beeves, s.z&
6.00: common to fair grass beeves, 64.25
5.25: Mexicans. S4.OO04.76: good to
choice grass heifers. $5,004)5.60; fair to
good grass heifers, 64.0005.00; choice to
prime grass cows, 64.60&5.00; good to
choice grass cows, $4.351314. 60; fair to
good grass cows, $3.76 4.25; common to
fair grass cows. 62. 600)3. 66; prime lead
ers, $6.3 5 6.76 ; good to choice feeders,
$0.6506.25; lair to gooa leeoers, se.io
06.6o: common to lair leeaers, st.euvs
6.00: sood to choice stockers. $6,000
6.60; fair to good stockers, S5.S696.00;
common to fair stockers, $4.35v6.25;
stock heifers, $4.00o.25; stock cows,
$3.003.86; stock calves, $4.007.00; veal
calves, $4.0O10.50; bulls, stags, etc.,
$2.604j3.25. ' :
BEEF STEERS,
No. Av. Pr. : No
Av. Pr..
..1126 $ S II)
40-.
1159 $ 6 90 21....
10 cows 1177
4 79 3 cows 914
3 36 10 cows 1011
NEBRASKA.
SO 1 bull 1450
5 75 - 8 civs 242
S 00
4 00
1 bull 1530
18 civs 446
12 civs 310
7 cows 1008
4 76
4 40
5 00
4 us llhfra
667
SOUTH DAKOTA.
16 fdrs 903 6 00 6 fdrs
1 bull 1170 S 00.
Hoas With 4.400 hogs on
930 6 00
sale this
mnnilnf trade had a slightly lower ten
deney and most of the hogs had to sell
at prices steady to 15c lower. Smooth
medium "and handy weight butchers met
with the best demand and sold at the
higher range of prices. Late and closing
trade in heavy packing hogs wss dull at
10lto declines. Best butcher grades
topped at $7.70. and bulk of receipts sold
from 66.50V7.6O.
No. Av. Sh. Pr. . No. Av. . Sh.- Pr.
62. .457 70 $ 6 20 44. .338 260 $ 6 40
35. .397 70 6 60 46. .314 290 6 55
60. .376 70 6 60 66. .288 110 ( 73
67. .294 140 6 80 40. .310 120 1 00
35. .174 v... T 10 56. .197 ... 7 25
17. .280 ... T 35 73. .240 . . , T 40
81. .190 ... T 45 73. .240 1 60
28. .203 ... '7 W 84.. 169 ... T 6e
97. .226 ... T TO
Sheep and Lambs Something like 12,-
qoo sneep ana tamos were nere loaay ana
no material change occurred in any
branch of the trade. Prices paid for fat
lambs were steady to strong and other
classes or stock sold on yesterdays oasis.
Beat corn fed and western lsmbs brought
$8.76w3.85, with other ssles of short fed
iambs around $8.60. Good fat ewes were
resorted un to 34.75. Some comeback
lambs sold ss feeders at $7.80, but most
of the good to choice feeding lambs are
quoted at $7.50431.76.
Quotations on Sheep Fat lambs, good
to choice, $. 5009.00; fat lambs, fslr to
good, $8.0048.60; feeder lambs, (ood to
choice, $7,6007.76; feeder lambs, fslr to
good, $7.00ff7.60; cull lambs. $5.256.25:
fat yearlings, $6.6094.60; fat wes. $3.76
?5.A0: feeder ewes. $S.76W1.60; cull ewes,
$1.0082.60. , ,
v Kansas City Live Stock.
Kansas City. Nov. 1. (TJ. S. Bureau of
Marketa) Cattle Receipts, 16.600 head;
beet steers steady to 25c lower; mostly
15f$25o lower; heavy and chotce fed dull
est: best yearllnga, $9.60; other steers.
$4.26t8.25; cannera, strong, mostly $2.60
4? 2.75; -vealers. steady; top, $10.00;
other calves,, strong to SOo higher; other
cissses generally steady; few cows, $6.09;
bulk, $3.6094.26; -heifers, mostly $4.09
S.60; no fed kind; steers, mostly $3,009
1.60; early sales, stockers, $5.00 9 6.25.
Hogs Receipts, T.000 head; open, loo
lower; closing, 2$ 926o lower than yes
terdsy's average, good and choice 190 9
21-pound weights, $7.497.60; few loads,
medium weight, $7.50; top to packers snd
shippers. $7.65: bulk et salea $6.9097.76;
bulk throwout sows, $6.2696.60; pigs,
steady: best. $8.26.
Sheep Receipts. S.S0S hesd; sheep
about steady; Iambs, steady to 16c lower;
fed offering. $9.14; range and native
lambs, $9.90.
St. Joaepk lis Stock.
St. Joseph. Nov. 1. Cattle Receipts,
S.6 head: market, steady to 25c lower;
steers, 44 60S 10.5; cows and heifers,
$3.26lt.6; calves, S5.649i.6S.
Hogs Receipts. 4.004 head: market 19
915c lower: top. ST.64: bulk. $4.7697.64.
Sheep Receipts. 1,600 hesd; market,
steady to 26c lower;! lam be, $8.9696.76;;
ewes, $4.40 9 4.1. .
it w couj
'IN THS SUNDAY PEC
IvttV "tWr SSS
Riao at "S
yit rraTUCs.
- 11
vnrt
Market, Financial and Industrial News of the Day
Fuicincial
Br ALEXANDER DANA NOYES.
fhleaura Tribune-Omaha He I .eased Wire.
New York, Nov. 1. Decline in the
call money rate of 5 per cent at which
it closed; weakness in foreign ex
change, with the German mark ko-
mg UCIUW lin prcviuua tuwvsi finv
and closing at the bottom, rapid de
cline in the cotton and grain mar
kets, and a wholly confused and un
certain Hrift nf orices on the stock
exchange these various financial
movements today gave no evidence
of a trend in the general situation.
So far as they indicated anything,
it was returning instability in prices
which seemed to have reached a
steadier footing a month agd
The stock market reflected the per
nlexitv nf , nrofessional socculators
and nothing else. Railway shares
and most of the standard industrials
airH i nmv.H at all: changes oi a
point were mostly in the "oil shares
or other speculative industrials. As
was to be expected after its violent
decline of Monday, Mexican petro
leum stocic was marKea up sk'."
.uto Tin, tnanimtlntinn of this
stock and the circumstances under
which the manipulation has been car
ried on bring the matter as close to
old-time stock exchange methods
as things got today.
Marks Again Slump.
. ILL ,V ,ta WallfHB,,' 111
sterling had to do with Lloyd George's re.
marke on ireiana in periiai,icm. .wt.i-
. . . . , . . fA..i.n .,ih,nf, on
unoouoieajy aurui iwibu ...... av
occasion. At S.0061H the German mam
for tne nrsi ume went unuw mu -of
October 17, reached when It wae
thought that ccrmany waa cuniemviauua
clans for the November reparations pay
ment. t. A
The ran in coiion, wmcn. na
i -Am th hlfirh leVpl
of September 27. resulted clearly enough
- . HbAt'B inrin f-rl n V if 1 1 Oil that.
irum lliai.o,o -.....-.. -. -
with 6447,000 bales ginned from tn,"?"
ent crop to uciooer n, vw
bsles ginned from last year's crop during
... -a.jua. .nnUiina that Aain. In
and 2,673,000 :in Novemler,( 1920, It Is Im
possible tnat tne otparuuru -;-bale
estimated of this year's .total yield
. . . a. mi,. T.ennsi fnrsiipfltlt. 1
today's cotton murket insisted, would bo!
7,000,000 tO 7.60U.UUU oaieB. ",1"7
ment is plausible, but no more plausible
man in vorm. . - r
crop was so
early as to make it easily possible that
nearly an tne crop nan mi
through the 18.000 ginneries. .
1 n..Aalr.ta urn Cihnll rft S. little
light from tomorrow's remarks of tne
weather oureau on mo vb - X.
..... j . .hail nni h v find the
question settled by the fojrtnlKhtly gin
ning figures" of next Wednesday.
New Tfork Cotton.
- -v, Knv 1. A late rally fea
tured the cotton market today. Further
"long" liquidation had depressed prices
...... ,1 .. .v.n,,, in tn na tminta
net lower at the start of the final hour.
Then a series of rapid fluctuations set
in. a sudden snort covenus mu.cuw.
canceiuns; an v, . --
leaving It 7 to 15 points net higher than
the previous ciose si iuo nuu.
Alier upenuiB w .--o
on the better Liverpool cables, the firm
ness In the stock market and expectations
... J . i .....la I, 11a, e.t.ll
lOr COnilllieu Buuu ck"lDi
back to yesterday's close and then about
IO 1W pOiniB nrt. lunci, i o
was checked rather quickly, however, and
ine enure maraei mmcu, yitMva aM.aiik,,,.
10 to 16 points over the previous final
bids, with new-support.
When demand fell off again, the mar
ket dropped back to about Monday's final,
the general list ruling steady and little
ehanged toward the middle of the day.
,; Chicago Live Stock.' ,
nhlcaa-o. Nov. 1. Cattle Receipts, 9,000
head: beef steers, mostly steady: few
choice steers and feeders, steady to
higher; top yearlings, $11.50; best heavy
steers $8.75, weight. 1.760; she stock,
steady; bulls, strong; calves, weak to 26o
lower; stockers and feeders, closed weak.
Hogs Receipts, 80,000 head; openea iu
to 15c lower than , Monday's average;
closing weak; holdover, moderate; prac
tical top, $7.95; light lights up to $8.15;
bulk, $7.2507.75; pigs, steady; bulk, $8.00
8.25.
Sheen Recelnts. 20.000 herd: killing
classes, generally steady; feeder lambs,
strong to 15c higher; top native lambs,
$.16; bulk. $9.00; top western. $9.00;
bulk, $8.509.00; culls; $6.00)6.25; best,
100 to 10-pound feeder yearlings, $7.25;
fat ewes top, $4.T5; bulk sheep, $3.75
4.75; bulk feeder lambs, $7.7&aig.oo.
Sioux City Live Stock.
Sioux City, la.. Nov. 1. Cattle Re
ceipts, 1.000 head; market steady to
strong; fed steers and yearlings, $6.60
11.50; grass steers, $4.006.00; fat cows
and heifers, $4.007.60; canners, $2.25
2.76; veals, $4.009.00; feeders. $4.00
66.25: calves, $3. 60(87.00; feeding cows
and heifers. $2.754.5S.
Hogs Receipts. 2.600 nead; grass cows
and heifers. $S.005.60; market 10 to
15c lower; light, $7.257.50; mixed, $6.50
17,15: heavy, $6.006.75; bulk of sales,
$6.257.25. Sheep Receipts, 1,600 head; market
strong.
New York Sugar.
New York. Nov. 1. There was more
sctivlty in the local raw sugar market
today, but no change in quotations, which
range from 6.8c to 4.11c tor centnrugai.
The business was sll through the comr.
mlttee. Including 96.000 bags or local re
finers and 19.UU0 bags to savannan at
2 fee, cost and freight, equal to 4.11c
for centrifugal.
Raw sugar futures closed: December,
2.48c; March, 2.31c; May. 2.40c; July,
2.4Sc
Turpentine and Rosin.
Savannah. Gs., Nov. 1. Turpentine
Firm, 7Hjc; sales, 110 bbls.; receipts, 412
bbls.; shipments, 16T bbls.; stock, $,406
bbls.
Rosin Finn: sales. $50 casks: receipts,
1.569 casks! shipments, 945 casks; stock,
$4,190 casks.
Quote: B. $4.1094.20: D, E, F. O, H, T,
$4.30; K, $4.70; M. $6.16; N. $5.25; W, G,
$5.60; W. W. $6.70.
New York Produce. ' " .
New Tork. Nov. 1. Butter Weak:
creamery, higher than extras, 47148c;
creamery extras, stc; . creamery ursis,
iteitc
Errs unsettled; Iresh gatnerea extra
firsts. 6662c: do firsts. 62056c
Cheese steady; unchanged.
Poultry Live, atesdy: chickens. 14
26c; fowls. 20626c; roosters, 15c.
Dressed, firm and unchanged. '
- p
New York Dry Goods.
New Tork. Nov. 1. Carpet prices for
the sprang season, ss generally announced
today, show s. reduction, of folly 15 per
cent from last spring. Cotton goods were
unlet today, with prices firm. Tarns
held steady. Burlap marketa were stead,
lor and an Improved demand was re
ported. Silks and ribbon wer quiet.
A DUCK
VtaiH AM AMIMaVi. 08 sV
tirw fiaao Ta f kt t
OH fAMCV FUS Twaf sV
Ht its UV MSOVM9
thkt
New York Quotations
Rang of prices of th leading stocks
furnished by Logan Bryan, Pater
Trust building: ,
Men.
Mltjh Low Close Close
A. T. ft P. K. .... SH S6S 6 "i'-i
Halt, it Ohio ... 17H 37 S74t 27S
Canadliin I'sclflo . 1 1 a V 111 lilt 1I314
N. V. Central .... ItW It'i, 73V, 71
Chen. Ohio .... 66 W 66 65' 65 S,
i:ne R. R. ....... 1! 12(4 HS 12
lit. North., pfd. .. 72 71 1 . 73 ft, 71
Chi. 111. Western .7 7 t ....
Illinois Ontrul 96
K. l South 24 24 '4 14 24
Missouri Paclflo .. 16 18 18 18V
N. V.. N. H. 4t H. 13 18 11 11
North. Pac. Ry. .. 74 78 74 71
I hl. ft N. W $7 C7 47 67
Psnn. R. R 26 $6 $6 $6
Reading Co. 70 9U su l
i-., . 1. ft r.
So. Paclflo Co.
So. Railway ..
33 22 22 32
.. 79 78 78 79
.. 19 19 19 19
. 21 28 28 23
...120 10 120 120
('., Sill, ft St. P,
Union Pae. ....
STEEL.
Am. C. ft V. 130 129 129 139
Al.-Chal. Mfg. ... si 83 33 84
Am. Loco. Co 93 90 90 91
Baldwin Loco Wk 91 99 90 90
Beth.Ntcel Corp.. 66 66V 66, Si
Colo Fuel, Iron Co 24
Crucible Steel Co 64 S3 63 64V'
Am Bieei rarys... iii li ll'
LUKivinni aieei. 42 4L
41
24
60
60
42
26
60
60
94
29
80
Mldvsle Steel. Ord 25 24
Pressed Steel Car 60 60
Rep Iron, Steel Co 60 49
ny Bieei emring
Sloss-Shef Stl, Iron . . .'
ITtd States Steel.. 80 80 80
Vanadium Steel... 32 $2 32 32,
uurrisKS.
Anaconda Cop Mln 42 41
Am Smlt. Rfg Co.-39 38
42 41
33 38
Chile Copper Co.. 12 11 12 11
Chlno Copper Co... 25 26 26 26
umumei o Arix... tuvt
61
Insplrst cons cop 36 26
Kennecott Copper. 23 22
86 86 36
23 23
Miami Copper Co. 22 22 22 23
Nev Cons Cop Co. 13 13 12 13
Ray cons cop co.. nvt iivt ih
Utah Copper Co.. 65 64, 66 65-,,
INDUSTRIAL
Am Beet .Sag Co.. 27 27 27 27
Atl. G W I S S 29 28 29 29
Am- Internst Corp 86 36 86 35
Am. Sum. TOD. CO. 36 36 ?tY 3D
Am. Cotton Oil ... 18 18 is is
Am. Tel. & Tel..,
108 108 Vi 108
SO 80 80 30
Am. Ag. Chem. .,
Bosch Magneto
Am. Can Co......
Chandler Motor ,
Central Leather .
nnhn. (nnfi' Surar
33 33
28 28
33 36
28 ' 28
43 44
44
43
29 28 29 28
8 7 7 j I vk
Cal. Packing S7 66 67 66
Corn Prod. Rfg..,. 84 81 84 81
Nat. Enam 41 41. 41 ....
Famous Players .. 64 63 3 4
Fisk Rubber , -11 10 10 U
General Electric ...132 : 131 132 133;
Oreat North' Ore. 31 Sltt 31 317
Gen. Motors Co.... 10 9 10 10
Goodrich Co. ..... 82 31 31 , 31
Int. Harvester ,.. "is "is
Am. Hide. ....... 62 62 62 60
U. S. Ind. AI...... 46 4H 4.I1 e
Int. Nickel ...... 13 13 13 13
Int. Paper Co 54 &3'A . earn oais
Island Oil
31
20
3 3
3
AJax Rubber . . . ,
Kelly-Sprlngfleld
19 ZV
20
40 40
40 40
10
9
9 10
iveyaioiiB 1110 .
Inter. M. M., pfd.
Mex. Pet.
49 49
49 49
.102 98 102
99
14
34
Mid. States Oil ....14
.14 13 14 ,
35 .34 36
Pure Oil Co, ...
WillyB-Over. Co.
6 6 6
46 44 . 46 45
p. nu
Pan-Am. Pet.. & T. 46 44 45 45
P.-Ar. Mot 14 13 14 14
T)n,,h Cn. . 49 . 48 49V4 48
14
U. S. Rubber Co. . 49 48 48 48
Am. Sug. Rfg. Co. 64 63 , 63 S3
Sin. Oil & Rfg. ... 23 2Z ZZt 23
Sears-Roe. Co,
m ft e f is . i 7t
67
Strom. Carb. Co.
30 30 30
Stude. Corp. . ...
Tob. Prod. Co. .
T.-Con. Oil
Texas Co. ......
75 74
74, 74
6t 69 60
61
9
9 9
42 43 42
42
Union Carbide . ,
44
White Mot. Co.
35 35 35
Wilson Co., Inc. i. 2 ,31 32
Western Union
82
West. El. & Mfg.
Am. Wool. Co. .
45 46 '46 45
77 76 76 77
.on j
Total sales. 624.600.
Money, close, 6; Mon, close, S.
Marks, olose, .0054; Mon. close, .00."7
Sterling, close, 3.92; Mon, close, 3.944
Bonds and Notes'
Ap.
Yield
7.85
6.00
6.20
7.26
6.91
7.95
' 7.35
7.00
6.12
6.42
6.23
6.07
8.00
7.52
7.45
8.00
8.05
8.42
7.41
6.43
9.36
6.05
7.55
6.60
6.34
6.16
6.23
Bid Asked
Aim-A. C, 7s, 1941 ..? 96 96
Am. T.' & T. Co. 6s, 1922 99 100
Am. T. & T. Co. 6s, 1924 99 99
Anaconda 7s, 1929 ...... 98 98
Armour 7s, 1920 ........100 100
Belgian Gov. 8s, 1941 ., .100 100
Belg. Gov. 78, 1945 ...101 101
Beth. Steel 7s, 1923 99 100
British 58, 1922 ...... 99 99
British 68, 1929 ........ 93 94
Can. North. 6s, 1946 ,.,103 103
C, B. & Q. Jt. 6s, 1936.104 104
Chile 8s, 1941 ....... 99 100
Denmark 8s. 1945 ......103 104
Du Pont 78. 1931 ....100 100
French Gov. 8s, 1945 .... 99 100
French Go-v. 7s. 1941 .. 94 94
B. F. Goodrich 7s, 1925. 95 96
Goodyr T. & R. 8s, 1941. .105 106
Ot. North. 7s, 1936 105 105
Jap. Gov. 1st 48. 1925 . 85 85
Jap. Gov. 4s, 1931 85. 85
Norway 8s. 1940 .... 104 104
N. W. B. T. Co. 7s, 1941.105 106
N.-Y. Central 7s, 1930 ...104 104
Penn. R. R. Co. 7s, 1930 .105 105
P. R. R. Co. 63, 1936.102 102
S. W. B. T. Co. 7s, 1925.. 99 99
7.10
6.97
6.95
7.17
7.31
6.55
S.23
6.25
S.05
8.06
Swift ft Co. 7s, 1925 ....100 100
HWlIt & uo. 7S, 1931 ....100.
Swiss Gov. 8s, 1940 .....108
V. 8. Rubber 7s. 1930.. 101
Vacuum Oil 7s. 1936 ....104
100
108
101
104
western union s, 1936102 loz
Wrest. Elec. 7s. 1931 ...,103 103
Uruguay 8s. 1946 99 ". 99
Brazil 8s, 1941 99 .99
Foreign Exchange Kates.
Following are today's rates of exchange
as compared with the par valuation. Fur
nished by the Peters National bank:
, -.v . ParVal. . fndav
Jkustria ......V... ....... .80
Belgium ,...,....;.-,,. .195
Canada . ...... . 1. 0.0
Cxecho-Slovakia .'
Denmark .......v.,.... .27
England ..',i.is,vi....4.86
France ....i,;..,.. .193
Germany ............... .338
Greece i.... .195
Italy .195
0009
.0724
.9225
.0098
'.1876
3.9550
.0740
.0061
.0453
.0415
' .0037
.1270
.0003
.2295
. - .1860
iugo-siav!a
Norway .... . .
Poland . . , j,
Sweden ........... ..
Switzerland
7 -
.27
.195
New York Carb Stocks.
The following quotations are furnished
bY Loa-an Jk Rrvnn-
Allled Oil
Boston Montana .......
Boston Wyoming ......
Cresson Gold
Consolidated Copper
Elk Basin
Glenrock Oil
Merrlt Oil
Simms Petroleum
U. S. Steamship .......
U. 8. Retail Candy ....
..- 4
.. 96 i
. 79 - 9 80
113-16 1
,. 1 1
.. f
.. 1 1
9 10
.. S 8
.12 3f
ty9
Chicago stocke.
The following quotation are furnished
by Logan & Bryan:
Armour Leather Co., common 12's
Continental Motors 5
Libby, McNeil ft Libby S
National Leather 6
Ro Motor Car Co. 99
Swift International ........... S4
Union Carbide st. Carbon Co 43 ),
GOING SOUTH
KCA.8. Tt (XV Wtrf(j PVCW CAIU IfHt
he rtu. kt "we avnt oPHHCMt?f.
WttiU VS Ott 0Nk$ IwXCK? VI
rtUU toft A WOO. frWCK - A
HINTU POCt-AN Vwtv$ tHCft 0M
Am 3o3t at uly tAUt-
CHeVeut TCAV.7 NO AVV
ttcPPtP AT VAAT H .
THOVCMT A fm5V.
Si
Chicago Grain
By CHARLES D. MICHAELS.
Chicago Trlbuae-Omaha He Leased Wire),
Chicago, Nov. 1. After midday
there was a complete collapse in the
grain markets and wheat and oats
(old at- the lowest prices on the crop
About midday there were murmur-
itigs of some houses in financial
straits and there were heavy ofTcr-
. ' . .1. ...Ll-tL 1 .
nigs coming into ine pn wmcn icm
strength to these reports. 1 he only
confirmation was the fact that the
First National bank of Fremont,
Neb., had been closed by the bank
examiner. It was generally conceded
that banking conditions in the south
west are not altogether the
best. The congestion at Galveston
has tied up much grain, for which
the country owners are unable to
get their money very readily. Condi
tions at New Orleans are bad, over
1,200 cars of grain being reported
on track and unable to be loaded.
Wheat closed SJ4Sj4c lower, corn
Y42c off and oats 154lc low
er. Rye finished 3)iV4c off and
barley down ft cent.
Wheat started lower. Overnight
longs sold out and there a little sell
ing for northwest account, presuma
bly hedging. Locals were in bear
ish frame of mind and sold, but
despite the pressure the market acted
well, good commission house buying
developing on the break of about
lc from the previous close.
Receipt Light.
The fact that Buffalo has not been
including stocks of grain afloat in its
report on visible supply stocks was not
learned until late yesterday afternoon by
the secretary of the board of trade, al
though this has been going on for weeks,
it Is believed. The Inclusion of Over 700,
000 bushels domestic wheat in the state
ment had some effect on the market
early. Receipts were light, the estimate
being 20 cars.
Corn trade was exceedingly light. There
was r.ot much pressure on the market,
but the lack of buying was ths principal
factor. B. W. Snow estimates corn crop
at 3,107,000,000 bushels and the carry
over of old corn at - 211,000,000 bushels.
Country sold a 'little corn over night;
but the amount wss small. Local re
ceipts were estimated at only 90 cars.
Lower price levels were established In
oats, principal depressing Influence being"
the action In the leading ceres.1. De
cember appeared to bo under pressure
from (shipping interests and the more
deferred delivery was sold by commission ;
houses. Support was lacking early, but
the break profit taking developed.
Receipts were small, only 40 cars being
estimated for today.
Rye was quiet. Cash No. S sold at
77c, Receipts, 1 car. , .
-Pit Notes. -There
were later reports of a good ex
port business In Manitoba wheat, with
sales of about 760,000 bushels to Great
Britain. There was nothing to indicate
much, if any, demand ' for American
wheat, however. The English were cred
ited with buying futures on the decline.
The Goodman report on reserves of
old corn on the farms makes the total
329,000.000 bushels, or 118.000,000 bushels
more than the Snow estimate. The quan
tity estimated is by far the largest on
recora. Tne crop is estimated at 3.125,
000.000 bushels or 1"7.000.000 bushels less
than last year. Tho quality ot this year's
crop is 90 or about an average. The
crop and carry-over Is 3,454,000,000 bushels ;
or 75,000,000 bushels more than last year.
Minneapolis shlppea iu4,000 barrels of
flour and 120,000 bushels wheat yester
day, making a total in wheat greater
than the receipts of wheat.
Hungarian reports indicate there has
been sufficient rainfall to make a satis
factory condition for seeding fall grains.
New crops of Argentine and Australian
wheats are being offered at big discounts
under old crop supplies, according to
Broomhall.
A report In regard to Chinese crons
said that wheat was poor throughout the
empire and In some provinces only 6 per
cent of a normal yield, due to drouth.
The Manchurlan crop Is about 20 per
cent below an average In the north and
about 20 per cent above an average In
the south.
The London Grain Reporter estimates
world's wheat crop at 2.808,000,000 bush
els. Including 1,064,000,000 bushels raised
In European, countries, against 2,720,000
bushels, Including 864,000,000 bushels for
European countries last year. The In
crease In the totalcrop is only 88,000,000
bushels but for European countries shows
a, gain ot anout 200,000,000 bushels.
CHICAGO CLOSING PRICES.
By Updike Grain Co. DO. 2627. Nov. 1.
Art. Open. I High, Low. Close.. Sat.
Wht I I
Dec. 1.07 1.07 1.02 1.02 1.07
- 1.07 1.02 1.08
May 1.12 1.12 1.06 1.06 1.12
1.11 1.07 1.12
Ry i i i i i
Dec. .83 .83 .791 .SO I .83
May .88 .88 ,83 .84 .88
Corn ii
Dec. .48 .48 .45 .46 .48
.48 .,
May .63 .53 .61 .611 .53
. -63.... I
Oats - -1 . i
Dec, .33 .33 '.31 .31 .33
.83
Msy .37 .87 .36 .36 " .37
.37
Lard i
Jan. ' 8.90 8.95 8.85 8.82 S.00
May I 9.30 9.40 9.30 9.30 9.42
Ribs I I I I
Jan. 7.55 I T.65 I 7.4S 7.45 1 7.S5
May I 7.90 ( 7.90 ( 7.8i 7.82 f 7.92
Minneapolis Grain.
Minneapolis, Nov. 1. -r- Flour ? Un
changed. Bran 912.50. -
Wheat Receipts. 381 cars compared
witn notiday a year ago. caan. jno. i
northern, $l.221.24; December,
Sl.15: May. SI 14. , ,
Corn No. 3 yellow, 39c. !
Oats No. white, 2627c
Barley 3 4 5 5c'
Rye No. 2, 7071c.
. Flax No. 1. S1.681.74.
St. Louts Grain.
St. liouls, Nov. 1. Wheat December,
SL01; May. SI 06 asked.
Corn December, 44c asked; May, 499
COo asked.
Oats December 310 asked; : May,
36o asked.
Chicago Produce.
Chicago, Nov. l Butter Lower; cream
ery, extras. 43c: firsts, 366,42c; seconds,
3335c; standards, 40c.
Eggs Higher; receipts, T.64S cases;
firsts. 6052c; ordinary firsts. 434346c;
miscellaneous. 48 50c; refrigerator ex
tras. J4c; refrigerator firsts. 13c
Chicago. Nov. 1. Poultry; Alive
Higher; fowls. 144?22c; springs, 7Dc;
turkeys, 29c; roosters, 15c.
Kanaan City Produce.
Kansas City. Nov. 1. Butter. Ears and
Poultry Unchanged.
Linseed oil.
Duluth. Knr.' 1. Linseed Oa Irmrlt and
arrive, S1.TS.
Wlit t CVXTHZ tWTTCtt wNX?
U)teot UKC-
ic cAscrvu wves
tO NOW MAT AKtWtft
mtte
- A
HW At
ST
Omaha Grain
November 1, 1921.
Onlv 32 cars of grain were re
ported in today. With a sharp break
in the Chicago future market, cash
trading here was very slow. Not
enoiigh wheat had been sold up to a
late hour upon which to base quota
tions. Bids were much lowss. Yel
low corn was 2',ic off. Oats de
clined 'Ac to lc Rye was a cent
off." Barley was nominally lower.
WHKAT.
No. I bard. 1 ear. 96o (smutty).
No. t hard, 1 car, 11.01 (dark); S
1-6 cars, Slo (smutty).
No. 4 hard. 1 car, 11.01 (dark); 1 car,
Slo (very smutty).
No. S mixed, 1 csr. 74o (smutty),
CORN.
No. 1 yellow, 1 cars, 37c.
OATS,
No. I whit. S rsrs, 37c
Rya
No. , 1 car, 66c; 3-5 car, 66c.
No. 4, 1 csr, 45c.
. CHICAGO CAR LOT RECKIPTS.
Week Tear
Today Asa Ara
Wheat 31 43
Corn , 316 346
Oats 143 .Its
ST. LOUIS CAR LOT RECEIPTS.
. . Week Year
Today Aso Aso
Wheat 69 84
Corn 79 65
Oats 29 15
NORTHWESTERN CAR LOT RECEIPTS
OF WHEAT
Week Tear
Today Ago Ago
Minneapolis 381 460
Duluth 307 19S
Winnipeg 1,067 1.886
PRIMARY RECEIPTS AND SHIPMENTS.
Receipts
Today
Tear Ago
Wheat
.1,288,000
. 559,000
. 421,000
Corn
Oats
Shipments-
Wheat
683,000
386,000
Corn
Oats
357.000
EXPORT CLEARANCES.
Today Week Ago
669,000
Holiday.
OMAHA RECEIPTS AND SHIPMENTS.
, Week Year
Today. Ago. Ago.
Wheat 21 ,- 19 172
Corn '7 12 12
Oats 4 8 21
Rye 2 1 23
Barley ,. .. 7
Shipments'
Wheat ............. 49 . T8 129
Corn 14 40 29
Oats ..... 9 2 14
Rye , 1 10
Barley .. S
Omaha Produce
Furnished by State of Nebraska, de
partment of agriculture, bureau of mar
kets and marketing:
LIVE POULTRY.
Wholesale
Buying Pr.
.....S0.18I0.20
Wholesale
Selling Pr.
S0.20S0.22
.19 .20
.22 .23
.14 .16
.20 .26
.15 .18
.32 .38
Springs
Hens (light)
Hens (heavy)
,. .16$ .18
. .21
. .12
. .10
. .10
.22
uocks
.13
.20
.14
.35
Ducks ......
Geese ......
Turkeys . . . . :
. , DRESSED
POULTRY.
Broilers ,. .
.32
.26
.25
.16
.30
.25
. .45
.46
.46
.35
.32
Springs
Hens (all .
Cocks
Ducks .
Geese
Turkeys
' EGGS,
. .46
, .44
Select
No. i .
No. 2 .
Crack
.47
.45 .
.36
.31
.30
BUTTER, v -Creamery,
prints ........... ' . !
Creamery, tub 9 -44
Country, best ... .31 .32 . .34 .38
Country, common .25 .26 .27 ; .28
-BUTTERFAT.
Station price ... .37..'
GUlnsky Fruit Co.
Fruit. ., .
Apples: Johnathans, all sizes, extra
fancy Slwash, 13.50; extra fancy Jim Hill,
$3.26; choice Jim Dandy, $2.76; basket
Ganos, $2.25; basket Johnathans, (3. to;
basket cookers, Yi.iti.
Bananas: Per pound, 08c.
Oranges: 126-150-176-200-216, $7.60; 250,
$7.00; 288, $6.00; 324, $6.00.
Grape Fruit: Fancy 64-70-80-96, S6.00;
46-54, $5.60; choice 64-70-80-97, $5.00; 46
64, $4.60.
Lemons: 270-300, Sunklst, $7.60; S60
240, $7.00; 180. $5.00; 210, $6.00; 270-300
choice, $7.00. . ,
Cranberries: Barrel, about 33 pounds.
Late Howe, $19.00; box. about 82 pounds,
$7.00; Jersey barrel, $18.00; Jersey box,
$6.00. ....
Grapes:' Almeria;. $10.00; Drum Red
Emperors, S7-.00; orate Tokays or Emper
ors, $2.50. . . .
Pears: Barrel Keif era, $7.60; bushel,
$2.60. - . '
Prunes: Crate, 4 baskets, $2.00,
Melons: Casaba, $3.60. ."'.
Dates: Dromedary, $6.75.
All prices subject to change without
notice.
; Vegetables,
Onions: Spanish, per crate, $2.50; large
crate, $7.60.
Cabbage: Crate lota, .03c; 10 lots sacked,
.02 c; small lots, sacked, .04c.
Potatoes: Nebraska Ohlos, .02c; R. R.
Ohlos, branded. .02c; R. R. Ohlos, un
branded, .02o: bakers, .05c.
Sweet Potatoes: Southern baskets, $2.00;
southern 6 baskets, $1.50; Star 1-pound
barrel, $6.00; Star S baskets, $4.75.
HIDES.
Green salted, short haired. No. 1, per.
lb., 6c; short haired. Ne. 2, per lb.. So;
long haired, No. 1, per lb.. 4c; long hatred.
No. 3, per lb.. 3c; green. No. 1, per lb 4c.
Horse Hides Large, each, $2.60; me
dium, each, S2.00; small, each, $1.50.
Pony and glues, one-balf price.
Sheep pelts, 2665c -
Shearlings, 1020c
Wholesale prices of beef cut ara as
follows: No. 1 ribs. 20 c; No. S ribs,
16c; No. 3 ribs, 13c; No. 1 loins, 24c;
No. 2 loins, 18c; No. 3 loins. 14c; No.
1 rounds, 16c; No. rounds, 13c; No.
3 rounds, llc; No. 1 chucks, 10c;
No. 2 chucks, 8c; No. 3 chucks, 6 He;
No. 1 plates, 8c; No. i plates, 7c; No.
1 plates, Sc. ... . ' -
II AY.
Prairie No. 1 upland. S1I.00S12.OO: No
t Upland. $9.00010.60; No. I upland, $7.69
tvs.Do; r.o. .1 ' miaiana, siu.&uupii.uu: no.
2 midland, $S. 6010.00; No. S midland.
17.00 S.00; No. 1 lowland, IS.OOS9.00;
No. 2 lowland. S7.OO0S.OO; alfalfa choice,
$17.00618.00; No. 1, $1S.06416.60; stand
ard. I11.00W14.00; No, 2, $9.0012.00;
No. t, $8.00 49.00.
Oat straw, $8.00t.00
Wheat straw. 87.0098.00. .
Mlaeetlaneons.
Peanuts: No. 1 roast, ,12c: Jumbo. .17c:
rsw 2c a pound less; 10-pound cans, salted.
11.60; 30-pound pail. ,12c
English Walnuts: No. 1 8. S. ser nound.
.23c; No. 1 & & per pound, ,24c; budded.
.17c
Almonda! Trk. 90-urlr lnt .It,. T.
X.' L. 10-sack kits. .29c.
Honey: 24 frames, $.00.
Celery:' California rough, $7.00; extra
Drawn for The Bee by Sidney Smith
Ctrnht, III), rkwaga Tliatta) Cueupaey
VrrtCftC it michaiv.
At
fcOUV CAUV-
ItkV
Ju in l.o, itoin, $1.50; medium Jumbo, dot
en, $1.36; medium jumbo, dosan, $1.60,
riaa: II 4 ot., 14.00; 24 I ot., $1.90)
IS pound, 4 row. $1.00: SS S ea, $4 00;
11 10 oi $1.50; 10 pound, S row, $1.0.
Cucumbers: Rox extra fancy t donn,
14.00; fsncy, 13.99.
Lnttucs: Crate, per crate, 84.99; Idaho,
$6.00; per doten, $1.90.
Hoots: Rulabagoes. per pound, It lea
pi. .Die; parsnip, turnips, ,l'9o; beela,
rsrrotos, 03 o.
l iberty Hond Prke.
Notr'Tork. Nor. I. Liberty bond! al
noon: 3s, 91.40; first 4a, 91.90 bid; see
end 4a, 92.89; first 4s. 91.14; second
4s. 91.14: third 4. SS.SS; fourth 4,
91.10; Victory !, SS.SS; Victory 4s,
89.69.
Liberty bond closed: SU. 9114; first
4, 91.00 bid; serond. 91 7; first 91.04;
second 4s, 92.80; third 4t, 96.16;
fourth 4s, 93.04; Victory $, 99.40;
Victory 48, 99.69.
Chios go Potatoes.
Chlcaaro, Nov. 1. Potatoes Steady; re
ceipts, 99 cars; total United State ship
ments, 802 cars; Northern While, sacked
and bulk, 81.70(91.86 net; Minnesota snd
North Dskota, sacked and bulk Red River
Ohlos, $1.6601.80 rwl.i Dakota Whit.
sacked and bulk. $1. 4091.46 cwt; Idaho
Rurals. sacked, $1.9001 9S cwt.
New York Dried Fruits.
New York, Nov. 1. Evaporated Apples
Nomlnal.
Prunes Firm.
Apricots snd Peaches Quiet.
Raisin Steady.
SPECIAL NOTICE
During Fire Prevention Week, from
November 4 to 10, wa are offering Fire
Extinguishers at 81.00 each. Parcel
poit paid on out-of-town order. Thli
only hold good for on week. See dis
play in our window at lilt Farnam 8t,
AjNDERSEN COMPANY.
Safety and Profits
IN STOCK MARKET TRADING. Leun how
to combine these In your trading by the tne of
PUTS and CALLS "
With $40 te $125 yon can trade In 100 shires
of any stock. Write for explanatory booklet
No. 14. No oWlittlon.
PAUL KAYE New York.Wr
November
Long term bonds yield
ing more than 8.
which offer protection
against declining inter
est rates.
Short term securities
which make a profitable
investment for a few.
months or years.
Our November List con
tains selections of both
the above. A copy will
be forwarded to you on
request.
OmahaTrust Comtisw
S6h
Omaht National
Let Us Handle Your
Grain Shipments
to the Omaha, Chicago, Milwaukee, Kan
sas City, Sioux City or any other markets.
We Specialize -
In the careful handlinf of ell orders for grata
end provisions for future deliTory.
.
We Operate
Offices at Omaha, Neb. Liucola, Nao.l Hast
trigs, Neb.; Chicago, IU.$ Sioux City, Ia.i
Holdrege, Neb.j Centra, Nob.j Des Moines, Ia.i
Milwaukee, Wi. Hamburg, Ia.i Kansas City,
We Have
Up-to-date Terminal Elevator in th Omaha anal
Milwaukee Markets with the latest facilities for
handling your shipments.
Updike Grain Co.
"Th Raliabla Consignment House."
OMAHA, NEBRASKA
Business Failures
Increase in October
New Vrrk, Nov, I, October fall
urrs reported1 to Bradstrrtts nurn
bered 1.60ft, an inrrratf oi 17 per
rent ovrr fhote of September and
the second Urgrit number In any
month since March, 1V1S. Insolven
cies last mon ill were nearly lour
timet those of October, 1919.
Liabilities aggregated U7J22.20S
or Jl per tent above September!
tmal, but smaller than in any pre
ceding month bsclt to November,
im . .
The biggest incrrit came In tna
south, which ht about two nj one
ball timet the (aiturct tn4 liabilities
of October, 1920.
In 10 months of 1921 thrre have
I tin 15.SJ5 (ai'uii't involvinif lisbili
ti-a ot fSyl.lO.WI.
Slew Vara (aft.
Nr Tork, No. I.Karty IrresjuUrtty
was folio. .d by rasd iresih In Ih
market for ruffe future today, with
sll (ha more snv position making new
J round. At th start, I here sn4 to
a disposition to uk profit on recent
pun-hasM, ovlns to Ih silent rt rerant
srt.an.es and Ih epanlnf wss 8 point
higher ia II point lower, with lieceinber
kaun selllna off from S ite to S.tr. At
this level, however, there was a reappear,
anr of concentrated buying and !m.
Her sold up lo It so In th 1st tradlni
or tl point net biflwr. July rallied from
Itll to I 10c, compared with S 19a at Ih
rlose or Ih prevlou day and tha market
rinsed st net advance of 9 la tl polnta
No (resb news fior wa mentioned In
connection with the advance, but the
treiifth of Ih near month I believed te
be bringing" shout a readjustment el con
tract values lo Ih bails of easts of re
placing local storks by purchase In Bra
all, stales wer estimated at about 101.
0 base. December. 8.70c; January,
Site; March, Stir; May, S.lSe; July,
S.loo; Repumber. I tin.
tipot Coffee Market quiet; Ttlo 7s, l0
to tc; Ssnto 4s, II ISO la l!a.
London Metals.
London, Nov. I. Standard Coppr 144,
7s. d.
Klectrotyllc 171.
Tin f 1 61. Us. to. I;
l.eadlll. 17s td.
Zinc 114. l.'4d.
0
Attractive
Incomes
Our November List of
fers a wide range of
bonds and short term
notes yielding attractive
incomes at present
prices.
This list will be sent on
request for OB-428. '.
The National City Corapiny
Omaha First Nat, Bank Kit.
Telephone Douglas SSlt -
Investments
Bank BulUInf
0 ,
v
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