THE BEE: OMAHA. TUESDAY. NOVEMBER 8, 1021. Jl I J 1 i I, i 1 1 Gain in Business Dependent Upon Kail Situation ubilization of Wages Next Essential to Return of Pros perity Credit Supply Now Abundant. i f ui.ni and By HOLLAND. With the exception of California, where the business depression was of less influence than in any other part ot the country, New England, by the action of the Federal Keserve bank at Boston, furnished the first promis ing symptoms of the beginning of a change from depressive reaction to restored prosperity. The Boston bank was the first to reduce the discount rate. Its leadership was speedily recognized bv the New York bank which also reduced the rate. In New England this action was reflected by he improvement in the textile and to nme extent in the shoe manufactur er industry. In New York it cer taiiily encouraged very large invest ment in bonds and other securities. Now neerly n year after Boston polnUd ths way the iisnk of Kngland has again reduced ta rata or discount thla time from Itt lo ( par cent. Thla maans In tha view of our own financiers that much of tha frozen credit have bean liquidated and that thre la to ba abundant supply of credit, we may soon see tha effect of this In Increased business activity and ' It Is the feeling here that If waxes ran he stabilised, especially In tha tranaporta tlon, the building and the coal Industries, then on of the chief of the remaining obstacles that stand In the path which leads to prosperity will have been re moved. Some seem to be of the opinion that al though the country now recognizes that a revival of business has begun, neverthe less Its maintenance la likely to depend upon the railroad situation, it may oe in some sections or me country ins es of those emnlnved In the building de have been readjusted satisfactorily. At all events an Increase In buiidtng Is reported in many of the states In the north while building activity In the south hsa been continued. Hut the bituminous coal mining situation Is not encouraging. What the World Owes Is. A condition which Is without precedent Is now characteristic of the relation of the United States as a creditor to other nations and to the citizens of other na tions. For In addition to the money which other nations owe to the United States and which Is represented by de mand notes now held In the treasury, some what In excess of $3,000,000,000 Recording to the best estimate, repre sent the private indebtedness which other i atlons and citizens now owe the United Vtatos. Not at any time in the past so far as the history of finance makes rec ord has there been such a relation be tween national and private Indebtedness on the one hand and the creditors, upon the other. Attention Is sometimes called to the fact that just before the Germans began their march toward Paris, Oreat Britain was In possession of approximately $20, 000,000 which represented investments made by Great Britain in other parts of the world. She stood creditor to the rest of the world by that ameunt. Not lees than $3,000,000,000 and probably as much as $4,000,000,000 were In securities behind which stood American properties and In which Oreat Britain had invested that much, money. Fifteen Billion Owed V. 8. But the exigencies of the war compelled Great Britain to part with at least $6, 000,000,000 In these securities. Almost all this money was received by Ameri can Industries and by American banks for it was used in order that payment might be made for commodities manufactured or produced from the soil in the United States of which Great Britain stood in need. But Great Britain began Invest ing In other parts of the world early in the 18th century. It required at least 200 years for Great Britain to come into possession of $20,000,000,000 represented foreign securities. 1th what amazement those who here. lifter read the record of words finances, as thla was made after 1914, dis cover that the United States almost matched In six years all that Great Brit ain had achieved In two -centuries. ' For In this country within sit years we gain ed so greatly that Instead ot owing the t b..m t la uf si one nnn nnn. her nations and citizens of them owed now owe the united states about lift nnn nno nnn. Of course one feature associated with his unprecedented change in our Inter national financial relation Is discovered in the fact that the greater part of this Indebtedness represented borrowea money, All of It which other nations must some time pay was employed by them in mak- inv extraordinary and emergency pur chases for war commodities, Therefore theaa national obligations have not In cressed the capacity of our debtors to produce, but only to triumph In the war. These debt! must be paia in a round about way, that Is to say by maretlng with us manufactured goods. Largest Creditor Nation. Of a sudden, almost over night, the TTnitert States became the greatest credi tor nation In the world, second In the amount of credit only to the prestige which England gained as tne worms greatest creditor ud to the time of the outbreak of the European war. How long this condition is to continue none of those vwho discuss It are able to forecast. The eason of this Inability la to be founa in n unprecedented situation, wnicn is mat h le the unitea states is tne largest creditor In the world we are maintaining a phenomenal excess of exports over im Yinrt. . American Investors are now purchasing In large amounts foreign securities anu one of the most reliable estimates places the aggregate amount of purchases of this Kina In tn year mat at almost ouv.uuv.vuu Curiously enough this is almost exactly the amount of the Interest for a single year which has accumulated upon the debts the foreign nations owe the United States. The reduction of discount rates, the continued demand for American products, the plentlfulness of money demonstrate the beginning of business and Industrial revival in the United States, a revival which will be greatly stimulated if there Is established a reasonable and yet gen erous stabilization of wages. THE GUMPSfiV.' IN COLORS IN THE SUNDAY BEE THE LIFE OF THE PARTY Drawn for The Bee by Sidney Smith Copyright, 1 931. Ckirago Intiunt Company XbuACYSO Nice to Ait,rrr- kcepow I AMD WS OMlf WM toll JitaMt Hi T CLAVFTCUP TKV MAO- YOU frR 40ClO ya ivTVAr a ivrniuMi Mtf A DRINK ANh Vni.2t RoOUW 3A. AND WC RE Vrui l nir t v ta ftAt X. XA.NBF A 'A f AND TV WAY 0O Vu55 VVArr.N(r Ml- fOtD YMs 3W WAS A CttpfXt I AN YN& WOVTEUGrVt YOU A Uo . rwfc you WCRC DIVTHi BrN( HtK KOOO .fie look couuo Knu- in tse A VsDOW yooknovv WMYYOURe 40r5 PONY DU? BfCAJjie IWAW 0ON 30 well. JP I WAt AYOVEIVI YhE CORNflYKU I CsQ-f CWAIfc RiDDtN -1 WOTJi.0 Ave fcrfN A CEAY GgUYOM YWC- WAY HOME PAMY AN&. IMJf CYSt A tYr.- UPBIHTCti tf- I7 AU. VStfONfa IF IT HADN'T BZSHj FOR C TUB- PATY WOULD 1 P HftOSE- rrWAS BOw Market, Financial and Industrial News of the Day Live Stock Receipts weret Monday estimate. ...11, 600 Same day last week 8,426 Hume I wks, sgo...H,25 Same I wks. ago. ...17,138 Same year ago 16. 77 J Omaha, Nov, 7. Cattle Hogs Sheep 4,1109 J, MS (.471 4,6m 1,04 too 4.790 11.(153 17.73S 14,431 Receipts and disposition of live stock at the Union stock 'yards, Omaha, Neb., for 24 hours ending at p. m. November 7, 1921: RECEIPTS CARS, HVsA Cattle Hogs Sh'p Mule C. M. A St. P. Ry, Mlssouri-Psclflo Ry. Union Paclflo R. R. C. St N. W. Ry.. east C. A N. W., west., C, St. P.. M. . O...1 C, B. A Q. Ry., east C B. A Q. west.. C, R. I. A P., east. C, R. I. A P., west. Illinois Central Ry., C, U. W. Ry Total receipts 16 1 66 8 1 1 152 87 19 6 1 171) 14 6 ... 4 1 3 ... 2 ... 438 75 16 DISPOSITION HEAD. Cattle Hogs Armour A Co , Cudahy Packing Co.., Cold Packing Co...., Morris Packing Co... Swift A Co J. YV. Murphy Cudahy, Sioux Falls.. Lincoln Packing Co. . . Hlgglns Packing Co.. Hoffman Bros. Mayerowich A Vail... Midwest Packing Co.. Omaha Packing Co... John Roth A Sons.... So. Omaha Fkg. Co... Rothchlld Smiley Benton A Van Sant.. J. H. Bulla W. H. Cheek.. E. a. Christie k Son. . Dennis A Francis.... Ellis A Co.. 45 496 330 644 637 66 26 30 26 14 7 42 17 170 126 186 80 239 111 166 189 1056 1242 776 703 827 744 143 Sheep 488 646 379 417 Financial Kanas City Live Stock. Knasas City. Nov. 7. (U. S. Bureau of Markets.) Cattle Receipts, 28,000 head; quality plain; beef steers, steady to 2oo lower; early sales, (5.008.00; some held arouna ss.ou; sne stock sieaay io weait; ly cow sales, 3.5004.50; cutters, most- .00g3. 2a: bulK canners, iz.aviB'i.io- bulls. steady: calves, weak to 60o lower; vealers, 110.00; practical top, 19.60: most heavy calves, $4.6006.00; atockers and feeders, steady to weak; early sales, atock ers. $4.00(816.00; feeders, $5.0006.75. Hogs Receipts, 7.600 head: fairly ac tive, 1520o lower than Friday's average: bulk lights and medium around $7.35; mixed droves, 7.107.25: packers, top, $7.36: bulk of sales. $6.757.36: throw out sows, $6.00$6.60; pigs, steady; bulk, 7.768.00: best. $8.10. Sheep Receipts, J.600 head: sheep, steady; western ewes. 34.00; Iambs, stesdy to 25c higher; Texas and Utah. lambs, $3.15. Evaporated Fruit. New Tork, No. 7. Evaporated Appier Nominal. Prunes Fairly active. Callfornias. Ctjnwc; Oregons. 6615& Apricots Steady; choice, 21922c; ex tra choice, 23c; fancy, 27c. Peaches Quiet; standard, '11c; choice. i:t12tc; fancy, 14Utc. Raisins Firm: loose Muscatels, 149 lHc; choice to fancy seeded, neiSVtc; seedless, 19ftS2c. New Tork Sugar. New Tork. Not. 7. The raw sugar srket wss unchanged and the only sale portea was oars of San Domtn- , gos to Canada at $1.39 c. I. f. Local prices were quoted at $4.C to $4.11 for centrifugal. Raw Vjgsr fu'ures closed: Pecember.1 13.41 ; March, $1.25; Hay. $2.35; July, $2 45, St. Josepk IJts Stock. St. Joseph. Nor. 7. Cattle Receipts, 4.00 head; steady to 25c lower; steers, $4 10010.25; rows and heaters, $4.60a 7.: calves. $5.006S.e. Hogs Receipts. 4.609 head: 10 e 25c low er: tors $7.45: bulk. $.;567.45. Sheep Receipts, 2.009 head; steadr te I5o higher; lambs, $3.60(17.85; ewes, $3.59 Turpentine and Kasha, Savannah. Oa.. Nor. 7. Turpentine- Market firm: c; sales. 2&S bbls.: re ceipts. 227 bbls.; shipments. ii obis.; teck. .31g bbls. I Rosin Market firm:- sales, j casks; pi. 77 casks: shipments, 229 casks; xk. 84.637 rssk. John Harvey 298 Huntzlnger A Oliver. 2 R. W. Hanley 3 T. J. Inghram 8 F. O. Kellogg... 386 Joel laindgren 151 F. P. Lewis 6 Mo.-Kan. C. A C. Co.. 30 J. B. Root A Co 461 Rosenstock Bros 473 Sullivan Bros ' 86 W. B. Van Sant & Co. 215 ' Werthelmer A Degen 780 Other buyers 2B. Total 3612 :?9M7 ' S489. 6442 Cattle Receipts.' 11.600 head. Although Monday's run of cattle was of only mod erate proportion the demand lacked breadth and trade was very slow and weak throughout. Quality of the corn fed cattle was not very good, "supply being made up very - largely of short-fed stock.' Right good- yearlings sold up to, $10.60, while most of the warmed up steers went at a spread of H.2ST.25. Western rangers were about steady, with some cr.'olce grass beeves at $7.25. Cowa and heifers ruled slow to 15 26c lower, while stockers and feedera were quotably unchanged. Quotations on Cattle Choice to prima beeves, $9.0010.00; good - to choice beeves, $7.759.00; ., fair to good beeves, J6;767.50; common to fair beeves, $5.75 6.76: choice to prime yearlings, $10.60 11.60; good to choice yearlings, 39.26 10.60; fair to good yearlings, $7.759.00; common -to fair yearlings, 5.60 7.B0; choice to prime grass beeves, $6.757.60; good to choice grass beeves,' $5.83(g.60; fair to good grass beeves, $5,005.76; common to fair grass beeves, $4.255.00; Mexicans, $4.004.75; good to choice grass heifers, $6.25p6.00; fair to good grass heifers, $4.0013)5.26; choice to prime grass cows, $4 605.00; good to choice grass cows, $4.154.50; fair to good grass cows, $3.604.10; common to fair grass cows, $2-7 5 3. 50 ; good to choice feeders, $5.756.60: fair to good feeders, $6.16 5.76; common to fair feeders, $4.266.10; good to choice stockers. $6.0066.75; fair to good stockers, $5.406.00; common to fair stockers, $4.606.25; stock heifers, $4.0005.25; stock cows, $3.003.75; stock calves, $4.007.00; veal calves, $4.00 10.76; bulls, stags, etc., $2.753.40. BEEF STEERS." No. Av. Pr. No. Av. Pr. 20....;. 1279 $ 6 60 22 1005 $ 6 00 WESTERN CATTLE. , (NEBRASKA.) 9 fdrs 1037 5 75 M fdrs 869 6 25 6 fdrs 1066 6 25 (COLUKAUU.I 49 fdrs 920 ' 6 20 3 sirs llfiS ( 00 12 fdrs 695 6 75 4 cwso 1209 3 85 2bulls 1390 2.75 Hosts The week opened out with a moderate run of hogs and a slow, lower trade. In sympathy with declines reported at other Drimarv markets. Most of the hogs had to sell at prices about 25c lower with packing aemana ami tnrougnoui. i.irht hots were usually auotea zoo more lower wniie neavy pacaing graaes were In some cases 1525c lower. Best light hogs topped at $7.40 and bulk of re, celpts sold at $6.2507.25. By ALEXANDER DANA NOYES. Chicago lribune-Omulu Be Lenited Wire. New Vork, Nov. 7. With the slackening of activity which is nat ural at the beginning of a business week broke by two holidays, today's markets moved as a rule with no defi nite purpose. Moderate reaction in bonds from their sudden advance of last week and a movement of wheat price somewhat further away from the "dollar level," probably measur ed elimination of purely speculative influences. I In one quarter, last week's trend of values continued unchecked. The German mark responded to Sunday's somewhat confused budget of news regarding the German situation - by falling further to .33 of a cent, as against Saturday's .39. . Mark Issue Increases. This news comprised a Berlin dispatch reporting the almost Incredible increase of 3,383,000,000 marks In Germany a paper currency during the last weeK ot October (making 6,143,000,000 expansion for the month); also a Paris dispatch an nouncing that the reparations commis sion was going to Berlin, the Inference of the cables being tnat uermany nau mntea rg default oa some future reparations payment. It Is difficult to Judge the last named Incident, for recent seemingly authentla reoorts regarding the payment of Nov. 16 have been mutually contradictory. The markets have been told on different oc, caslons that Germany had already pro cured the foreign credits to meet In cash the November obligation: that she had covered that payment In goods under the Wiesbaden agreement and would not have to procure such forelan crdlts, and, as a variation that It has asked for the November payment to be remitted until a home loan could be floated. But 'to day's talk was all of outright default, Bonds hi urn n Little. ' Today's fractional reaction In prices of investment bonds did not cover the whole market. A few railway and In dustrial bonds went higher, but the gen eral trend was towards values somewhat below last week's highest, This affected European government loans and most of the United States' war loans. The stock market moved uncertainly with more show of strength than on Saturday, how ever, especially in railway shares. Call money on .the stock exchange went to 6 per cent again and closed .there; probably that branch of the market re flects the approaching culmination of the "November settlements" of interior trade. Merchants' paper, on the other hand, continued to show the influence of the lower reserve bank rate; loans were agftin made- for - good - names as lew as 6 M per cent. The day's cotton market hardly moved; It is awaiting Wednesday s ginning re port, whose figures are likely either.- to confirm or to contradict, through tangi ble evidence, the department s - October estimate of a 6,537,000 bale crop, as com pared with one of 13,366,000 a year ago. Chicago Grain New York Quotations - Range of prices of the leading stocks furnished by Logan A Bryan, Peters Trust building: ' RAILS. Sat. High Low Close Close A. T. & S. F. 85 85 85 Baltimore A Ohio 37 36 37 36 Canadian Pacific 114 113 114 114 71H 714 71. 72 54 54 64 ' 64 12 . 11 12 11 73 71. 73 72 7 7 7 96tt 96 . 96 ' 24- 24 24 18 18 18 18 J4 .'. 1.1' ' 13 -13 77 - 75- 77 75 No. Av. 8h. Pr. No. Av. Sh. Pr. 51. .342 . 40 6 35 68. .286 110 $ 6 50 64. .285 ... 6 65 68. .296 210 6 61 36. .288 150 6 65 70. .247 220 6 70 69. .259 120 6 76 27. .254 ... 6 90 49. .196 ... 7 00 fl..206 40 7 0a 70. .261 40 7 10 83. .195 ... 7 15 69. .203 80 7 20 68. .178 ... "7 21 80. .190 ... 7 30 83. .217 ... 7 40 Ksjms City Bar. Hacsas City. Not. 7. Hsy Chir al talfv $: M8J1 M; No. 1. prairie. $ll.i0 No. i timottu. 13. 6 14.6s. Sheep Only a limited run of sheep and lambs arrived this morning, less than 7,000 head. Trade in killing classes de veloped at prices 16ft 25c higher. Best fed lambs here brought $8.60, and some good natives were also reported at $8. 50 8. 60. Fat ewes sold from $4.00 4.25. the latter price buying a good class of nsnny weights. Aged wethers brought $5,000 5.25. and some lac yearlings went at $6.00. The feeder market was active. mostly 25c higher. Best feeding lsmbs moved at $7.;57.8 wun otner sales at $7.357.60. uuotations on sneeD: rat lamos. gooa to choice. $8.3S8.75; fat lambs, fair to good. $7.764j8.25; feeder lambs, good to choice. $7.50 7.85: feeder lambs, fair to good. $6.7607.60; cull lambs, $5.25 6.25; fat yearlings. $5.50?.25: fat ewes, $3.50 4.25: feeder ewes. sz.istra.S"; run ewes. 31.00CP3.50; fat wethers. 84.50g6.25. rhlea lire Stork. Chicago. Nov. 7. Cattle Receipts, 23.- 006; generally steady: better grade steers nd top yearlings, ill.su: cnoice osnay- weight steers. $10.60; bulk beef steers. 15.00 til. 50; veal calves mostly 60c lower to packers, $10.60; outsiders paid, $11.00. Hors Receipts, 4(.uou; isrgeiy i to 25c lower than Saturday's average; closed weak at 26 to 35c lower; holdover moder ately light, practical top. I7.JO: light lights, up to $7.(9: bulk. 17.25 1 7.70; pigs up to $8.60: bulk desirables around T3.2. Sheep and umu eceipts. j,o: lai lambs mostly 25c lower; spots off more fat sheep 2 to &0e lower; feeders steady; top fed western lambs. $9.10: bulk de sirable native and feeders. $.7S: culls largely $6.00; bulk fat ewes. $3.0094.25; frw beads at $4.60; best feeder, lambs, $6.0. Siosx City I J re Stock. Plouk City, la.. Nor. 7. Cattle Re ceipts, a. 999 head: market steady, 26 cents lower; fed steers and yearlings. $6.00 011.00: grass steer $4.efM 0; tat cows and heifers, $4.00gf ; canners, $3.25!? 3.0; veals. $4.4 ; feeders, $4,900 OS ralves.: J3 50f7. 0; feeding cows and heifer. IJ 754.21; grass cows and heif ers. $3.00 6 5.59. Hotel Receipts, .S head: market Steady. 25 cents lower: light. $7.1(7.35: mired. $8.767.26: heavy, $4.2l.7i; bulV of sales. $.eT :. Sheep RecelDts. I See Bead: market ally steady. N. Y. Central Ches. A Ohio." Erie R .R Ot. North, pfd.... Chi. Ot. Western.. Illinois Central .. . K. C. Southern Mo. Pac N. T N.'H. A H. North. Pac. Ry.... Chi. A N. W Pennsylvania Ry. Reading Co C, R. I. A P South. Pac. Co.... South. Ry Chi., Mil. & St P. union Pacific .. Wabash ........ STEEL. Am. Car A Fdry.,132 Allis-Chalmers .... 34 Am Loco Co Utd Alloy Steel .. 25 Baldwin Loco Wk 91 Beth Steel Corp.. 66 Colo Fuel, Iron Co 24 Crucible Steel Co. 63 Am Steel Fdrys.. 29 ' 35 69 32 78 19 23 S4 69 32 78 18 6i .121 121 132 34 - 25 89 66 24 62 27 40 24 35 69 32 78 19 23. 121121 .... I 35 69 32 78 19 23 Lackawanna Steel 41 Mldvale Steel, Ord 24 Pressed Steel Car Rep Iron, Steel Co 49 48 Ry Steel Spring.. 84 84 Utd States Steel.. 80 80 Vanadium Steel .. 31 31 COPPER3. Anaconda Cop Min 42 42 Am Smlt, Rfg Co 39 38 Chile Copper Co. 12 12 Chlno Copper Co. 2 25 Inspirat Cons Cop 36 35 Kennecott Copper 23 23. Miami Copper Co Nev Cons Cop Co 12 12 Rav Cons Cop Co 13 13 Utah Copper Co.. 55 55 INDUSTRIALS. Atl, OAWIS8 29 28 Am Internat Corp 35 35 Am.-Sum. Tob. Co. 35 35 Am. Cotton Oil Co. 18 18 Am. Tel. & Tel. ...109 109 109 109 132 34 '25 90 66 24 63 28 41 34 '49 84 80 31 42 39 12 V 25 35 23 'l2' 13 65 29 35 . 35 U 34 31 66 '63 28 .40 24 60 49 84 80 31 42 39 12 2 35 23 22 12 13 55 29 35 35 Am. Agr. Ch. Pro. 30 American Can Co. 31 Chandler Mot. Car 47 Cen Leather Cos, . . 9 Cuba Cane S'r Co. 7 Cal. Packing Corp 70 Corn Prod. Rfg. Co 88 Nat. En. A Stamp. 41 Famous Players... 62 General Flee. Co.. 133 Gt. Northern Ore.. 32ffl Gen. Motors Co.... 11 Goodrich Co....... 31 Int. Harvest 75 Am. H. A L. pfd.. 61 U. S. Ind. At. Co.. 44 Internet. Nickel.. Int. Paper Co.... Island Oil Ajax Rub. Co Kelly-Spring. Tire Keystone T. A R. Int. M. M., cort... 32 Inter. M. M.. pfd. 50 M-x. Petroleum. ..109 106 Middle states Oil. 14 13 Pure Oil Co..... 35 Willys-Overland Pacific Oil ... Pan. Am. P. A Plerce-Arrow M. S. Rub. Co... Am. Sua. Rfr. Co Sin. Oil A Rfg. 13 63 3 20 40 ... 45 T. 47 I.. 14 47 63 JS 30 30 44 28 7 69 86 41 61 133 31 10 31 75 61 44 13 62 -3 19 39 9 32 4 30H 30 47 28 7 70 87 41 62 133 33 11 31 76 61 44 13 63 3 20 39 9 32 49 30 44 70 87 62 133 32 10 30 75 44 13 62 a 39 49 34 6 43 46 13 4 63 22 29 73 11 43 37 45 77 107 105 13 14 35 45 46 14 47 tl 13 : 29 74 11 43 44 17 34 6 44 4 14 47 63 22 67 73 11 : Sears-Roebuck Co. 67 trom. laro.. 1:0.. 39 Studebaker Corp.. 76 V. S. Food Pr... 11 Union Carbide ..43 The White Motor 38 West El. A Mfg.. 46 American Wooien 77 Total sal's. 496.200. Money Close, c per cent. Marks Close. -0036c: Satnrdsr Sterling Close. I.IIVc: Saturday cloia l3.t4. close. By CHARLES D. MICHAELS. Chicago lrlbune-Omha Bee Lead Wire). :. Chicago, Nov. 7. Selling by local longs caused a reduction in wheat late in the reason, but resting spots were llic higher. An error in the visible supply statement relating to Balti more stocks and the correction thereof started prices on their upward trend. The first' report from Baltimore showed an increase of 891,000 bush els, but this was later corrected to read a decrease of 181,000 bushels, the total showing a discrepancy of l.UftU.UUU bushels. vims started shorts to covering and then it was discovered that the quiet buying earlier by eastern and Liverpool interests Had baled the surplus offerings out of the pit The late buying was mostly short cover ing. Corn finished JeJaC higher, oatj were?4lc higher, rye was lflJi: up and barley YZ up. Wheat Market Nervous. The wheat market waa exceedingly nervous in tone. There waa not much trade in this pit. A feature was the good commission-house buying ot December the dips, and most of this was being credited to a leading elevator Interest, although one of the houses buying hat foreign connections. The start was fairly steady on buying induced by reports of scattered frosts in Argentine and slight damage reported. The market dipped and rallied, and at . midsesslon prices were weakening again. Corn trade was small In volume and unimportant. Prices were easier most of the time. There was a lack of buying power, iteeeipis were neavter and this caused friends of the market to refrain from lending it much assistance. The selling- was mainly scattsred, a little of it in the way of hedging. Country sold a little corn to arrive, but the offerings in general were or light volume. Re celpts were estimated at 436 cars. Oats Were nn. Oats dlsplayd a firm tonebut prlcei were not much changed from the orevloui finish. Volume of trade was light the onlv feature early In the day being the buying of May, which was believed to be for a leading elevator concern. Receipts were, light, the estimate calling for only 76 cars. Rye was relatively firm. Sales of No. 2' were made at 7374c and No. 3 at 73c. Sales -of 25,000 bushels were made to go to store. Receipts were 11 car. Fit Notes. Local sentiment has not changed much in regara to trena 01 prices of wheat. ine rally of late last week wae regarded as natural, with, a heavy profit taking. dui tne iacK ot outsiae interest is re garded as a barometer of lower prices. Lxport business is so small that the falling off in the movement at early points is not having the effect it would have If there was any foreign inquiry- of Importance. The trade in the pit . was apout as. auu touay as at any time tar, uonlmisaion -house operations were small, and about equally divided in buy ing and selling. "Progress of Argentine wneat crop will be watched closelv. but unless calamity. Details tnat crop there is no evidence of a. .world's snortage," said Thomson Mc Klnnong. "Granting a fulfillment of their present promise, we feel that the finan cial and social status of Europe does not warant a higher level of world's prices. The important reason' for the decline in ihe United States markets from the level of last summer, viz, excess of accummula tlona and insufficient demand, still main tains.'' - Beatrice, Neb., wired Leland A Co.: "Drove 250 miles through country In Nebraska and Kansas, Saturday and yes terday. Wheat shows a marked Improve ment since the rains of 10 days ago. Husking of corn nearly finished. Several shelters running Saturday. The quality Is .generally No. 1 and No. 2. Argentine reports were mixed. Some ca bles reported light frosts Sunday, but the markets were easier as a rule, and to day's cable advices did not indicate any apprehension of damage. Liverpool prices were higher for ooth spot wheat and futures, due in part to reports of frosts in Argentina and to the moderate improvement nere late last week, in prioes. . .'. Visible Grain Supply. New York,- Nov. 7. The visible supply of American grain shows the following changes: Wheat Increased 2,162,000 bush els; corn decreased 44,000 bushels; oats Increased 81.000 bushels: rye Increased 314.000 bushels; Barley, decreased 162,000 bushels. Kansas City Grain. Kansas City, Nov. 7. Wheat Decem er, 94c; May, $1.00, Corn December, 38c; May,- 44c. New tork Cotton. Chicago Trlbune-Omati Bee Leased Wire. New York, Nov. 7. The general list steadied following an early decline in the market today, but failed to make up all its losses in a last-hour upward move ment and closed unchanged to 14 points lower. Better buying power developed in the early market after it had declined about 15 to 25 points at the opening. The mar ket as a whole was mostly an evennlng up' affair of professional give and take for two reasons tomorrow's election holi day and the government ginning report scheduled for Wednesday. Toward the end of the second-hour prtcea were little changed from Saturday's close. - The market continued steady In the aft ernoon, movements being narrow. Many of the larger operators took a neutral stand. A belated upward movement near the finish was not maintained. New Tork Produce, New Tork, Nov. 7. Butter Weaker; creamery, higher than extras, 46 47c; creamery extras, 46c; creamery firsts, 37 45c. Eggs Firm; fresh gathered extra firsts, 62(& 65c; do firsts, 64 60c. Cheese Irregular; stste, whole milk flats, fresh specials, 22$23c; state, whole milk, fresh twins specials, 1922c. . Poultry Live, steady; chickens, 24c; fowls. 2026c; roosters, 17c; turkeys, 80c. Dressed, weak; western chickens, 2640c; fowls, 1836c; old roosters, 17623c; turkeys, 2050c. Chicago Frodare. . Chicago, Nov. 7. Butter Lower: creamery extras, 43c; firsts, 3642c; sec onds. 335c; standards. 38c Eggs Unchanged: receipts, 4.246 cases; firsts, 52664c; ordinary firsts. 43047c; miscellaneous. 6Q4v53r; refrigerator extras, 34c; refrigerator firsts, 33c Poultry. Alive Lower; fowls, 14622c: springs, 21c; turkeys. 30; roosters, 16c Chicago Potatoes, Chlrago, Nor. 1. Potatoes Firm: r-rei-eipts. 86 cars: total U. S. shipments. 773 cars: northern white bulk. $1,769 2 0 cwt; sacked. I1.65S1.85 cwt: Minne sota and North Dakota sacked, and bulk Red River. $L5ei.65 cwt; sacked and bulk Dakota. $ 1.25 1.60 cwt; Washing ton Russets, $2.35 cwt. Kansas CHy Prod ore. Kansas City. Nov. 7. Butter Cream ery, . lc lower. 46c; packing unchanged, 24 Eggs lc lower; firsts, 4c; seconds. 29r. . Poultry Unrhanged: hri, 16 321c; springs, 17622c; turkeys, .lie. Omaha Grain November 7, 1921 Grain receipts today were light with arrivals totaling only 46 cars, Wheat prices were unchanged to 2c higher. Corn was yic up and oats also advanced '3c. Rye was 2c up and barley nominal The market was quiet and featureless. WHEAT. No, 1 hard: 1 car, 99c; 1 car, 98c (smutty); 1 car, 97o (smutty); 1 car, 7o; I car, 960 (smutty); cars. 93o (yellow). no. i nara: 1 car, I1.04 (dark); 1 car. $1.03 (60 per cent dark, special billing); car, $1.00 (76 per cent dark); 1 car, (70 per cent dark); 1 car, 97c 1 9So (smutty); 1 car, 96o (smutty, S per cent rye); 1 car, 940 (yellow). No. 4 hard: 1 car, 9.1a (smutty). No. 2 mixed: 1 car, 8 Co (durum); 1 car. 77a (durum, smutty) No. 1 spring: 1 car. $1.11 (northern). CORN. 1 white: I cars, 37c, 1 yellow: 2 cars, 39c, 1 mixed: 1 car, 37c. OATS. No. S white: 1 car, 27c RYE. 2: 1 car, 61o, 3: 1 car, 6O0. V. S. VISIBLE BUSHELS. Today Wk. Ago Yr. Ago Wheat ..66.395,000 64,333,000 39.360,000 Corn ....18,891,000 18,935,000 9,851,000 Oats 69,998.00 69,917,000 35,193,000 Rye 6,309,000 6,006,000 8,868,000 Barley .. 4,056,000 4,210,000 3,372,000 No. No. No. No. No. OMAHA STOCKS BUSHELS. Wheat Corn . Oats . Rye .. Barley Today 3.497,000 366,000 2,472,000 724,000 60,000 .Wk. Ago 2,631,000 462,000 2,557,000 706,000 62,000 Yr. Abo 1,272.000 - 200,000 1,419,000 164,000 . 23,000 PRIMARY RECEIPTS AND SHIPMENTS. Receipts Today Wk. Aro Yr in Wheat 1,668,000 1,896,000 2,099,000 Corn 739,000 747,000 392,000 Oats 625,000 703,000 895,000 Shipments W,heat 805,000 64,000 1,003,000 Corn 429,000 836,000 675,000 Oats 452,000 411,000 300.000 NORTHWESTERN WHEAT RECEIPTS. Today Wk. Ago Yr. Ago Minneapolis , 418 725 550 Duluth 68 160 171 OMAHA RECEIPTS AND SHIPMENTS. Week Year Receipts Today Ago Ago Wheat 33 39 153 Corn 7 16 - 12 Oats 1 8 17 Rye S 2 10 Barley 2 - 7 Shipments . Wheat 36 61 . ; 131 Corn 25 17 13 Oats 15 15 36 Rye 7 " 2 6 Barley 1 g Omaha Produce Furnished by Stste of Nebraska, de partment of agriculture, bureau of mar kets and marketing: LIVE POULTRY. Wholessle Wholessie Buying IV. Selling Pr. Springs I0.10.20 0(ii$0 23 Hens (light) 16'v .1 .194) .20 Hens (heavy) .. .2 tie .22 .229 .25 Cocks 13 .18 ,14W .16 Ducks 109 .20 .209 .26 Geese ,ltf .14 .MiP .18 Turkeys 30 .35 .32 0 .38 Broilers Springs .. Hens (all Cocks ... Ducks ... Geese Turkey . DRESSED POULTRY, .32 .26(9 .26 0 .16 .800 .25 .459 Wheat Corn . Oats . Wheat Corn . Oata . Wheat Corn , Oats . CHICAGO RECEIPTS. Week Today Ago 12 14 135 93 41 . 42 KANSAS CITY RECEIPTS. Week 1 Today Ago' .....200 349 . 14 17 7 16 ST. LOUIS RECEIPTS. Week Today 131 64 29 Ago 143 92 41 Year Ago 20 35 64 Year Ago 626 12 14 Year Ago 169 20 61 CHICAGO CLOSING PRICES. By Updike Grain Co. DO. 2627. Nov. 7. Art. I Open. (High. Low. Close. Sat. Dec. 1.01 1.03) 1.00) 1.03 1 1.01 1.01 I. 1.03 1.01 May J.06 1.09 1.05 1.08 1.06 1-05 1.08 1.06 Rye ' Dec. .73 .75 ..73X .75 .73 May .78 -.80 -.78 i .80 .78 Corn Dec. .45 .46 .45 .46 ' .45 May .61 .52 .61 .62 .6154 .61 52 .51 Oats Deo. .31 .32 j31 .32 .31 May .36 .37 .36 .37 .36 , 37.....; Pork Jan. 14.95 14.95 14.80 14.80 - 15.00 lrd laa. I.9S 8.95 8.62 8.62 8.95 , May 9.35 9.35 9.10 9.10 9.37 Ribs Jan. 7.60 7.60 7.45 7.45 ! 7.62 May 7.95 7.95 7.85 7.86 7.95 Minneapolis Grain. Minneapolis, Nov. 7. Flour Unchanged. Bran $12.60. Wheat Receiots 418 cars, compared with 650 cars a year ago. Cash No. 1 north ern. $1.19ffil.23: December. 31.16H: May, $1.16. Corn No. X yellow, 39 c. Oats No. 3 white, $1.271.28. Barley 32 62c. Rye No. 2, 67 72 c. Flax No. 1. $1.77 1. 83. St. Louis Grain. St. Louis, Nov. 7. Wheat December, $1.01; May, $1.06 bid. Corn 44c bid; May, 50o bid. Oats December, 31c bid; May, 37c asked. EOOS. Select 45 .47 .480 .60 No. 1 44 .45 . .46 47 No. 2 S39 .35 .36 .37 Cracks .300 .31 .320 .33 BUTTER. . . Creamery, prints Creamery, tub . Country, best ... .81 .32 .34 .s Country, common .25 .26 .27 .28 nuiii.ni' A'i. Station price .... .37 FRUITS. Bananas, lb.. 78c; oranges, 216 and larger, $7.007.26; 250 and larger, $6.00 &6.00; 288, $4.505.00; 324, $4.004.60: lemons, box. $6.S07.60; grapefruit, crate, $5.26ig)5.60; apples, Jonathans, box, extra fancy, $5.00b.60; Jonathans, box, fancy, $2.763.26; Jonathans, box. C grade, $2 60 2.76; Delicious, box, extra lancy, ti. 5.00; Delicious, box, fancy. $4.004.60: Delicious, box, C grade, $3.60?4.00; Rome Beauties, box, extra fancy, $3.00; Rome Beauties, box, fancy, z.76w:i.oo; nome Beauties, box, C grade, $2.263.00: Rome Beauties, basket, $2.35; Ortley. box, extra fancy, $4.00; Spits, extra fancy, $3.50: Spits. C grade, $2.75: Grimes, extra fancy. $3.50; Grimes, fancy, $3.003.26; apples per baspet, $3.00; apples, winter bananas, box, $4.004.60; grapes, Tokay, crate, $2.252.40; Emperor, $2.60; pears, Kelfer box, $3.003.60: barrel. $6.007.00; cran berries, barrel, $17.0017.60; box, $8.50 9.00; figs, 24 8 oz., $2.002.50; 12 10 oz., $1.601. 60; 66 oz. $3.754.00. VEGETABLES. Potatoes, Nebraska Early Ohio, No. 1, per cwt., $1.752.uo; no. 2, per cwt., $1.501.75; Red River Ohlos, No. 1, $2.00 02.25: sweet potatoes,' bushel, il.5UWl.vt: barrel, $4.605.00; celery, Jumbo, Wash ington and Colorado, $1.2p1.26: Mlchl Ran. 6675o: head lettuce, crate, $4.00 6.00; leaf lettuce, doz, 36040c; Red Globe onions, lb., 66c; yellow Globs onions. lb., 6c; Spanish onions, crate, $2.26 2.60; cabbage, lb., 23c; squash, lb. Sc.! ' rumimhp.rs. doz.. $1.7 5lfiJ. 00 : csull flower, crate, $2.50; tomatoes, lug, $3.0" 3.50; radishes, doz., 2oc: rutabagas, ID, 2Sp2c; turnips, lb., 2c: carrots, lb., zci walnuts, black. 66c: Encllsh, 2732c: honey, case, $5,600)8.00: elder, keg, New York, $7.758.00; Nebraska, $7.00; garlic, lb., 25c; egg plant, crate, $o.00. HIDES AND WOOL. Beef Hides Green, salted. No. 1, lata take off, per lb., (98c; No, 2. late take off, per lb., 67c; Green, No. 1, late take off, 46o; No. 2, late take off, per lb., 855c; green salted, old stock, per lb. 3g)6c; green salted bull ' hides, per lb. 8c: green bull hides, per lb.. 2c. horse Hides Large, each, $2.60 3.00; medium, eacn, $3.uo; small, each, Ji.bO Pony and GlUesv Each, 76c$1.60. Sheep Pelts Green salted, as to size and wool, each, 15)90c. Shearlings Green salted, as to size and wool, eacn, 6Qaoc. Furs The sesson has ,1ust opened for furs and they are bringing good prices. wool choice r.nj and blood, per io linguae; cnoice medium and blood, per lb., 1216c; choice low blood, per lb., 10 12c. HAY Prairie No. 1 upland $11.0012.00: No z upland, $9.0010.50: No. 2 upland, 27.60 wo. on. jvo. i midland, tiu.t0'(f11.00; No 2 midland, $S.5010.00; No. 3 midland, $7.008.00; No. 1 lowland, 8.009.00; No. 2 lowland. $7.008.00: alfalfa choice, 17.00rj18.00; No. 1, $16.0016.00; stand ard. iz.uuci,4.oo; no. 2, $9,00812 00; O. S.UU10 J.UU. - Oat straw. $8.00S)9 .00 : Wheat straw. $7.008.00. Wholesale prices of beef cuts are as fol lows: io. i rms, zuc; No. 2 ribs, 16c;i No. 3 ribs. 13c. No. 1 loins, 24c; No. 2 loins, 18c; No. 3 loins, 14c. No. 1 rounds, 16c; No. 2 rounds, 13c; No. 3 rounds, llc. No. 1 chucks, 10c; No. 2 chucks. 8c; No. 3 chucks, 6o. No. 1 plates, 7c; No. 2 plates, 7c; No. 3 plates, 4c MISCELLANEOUS. Peanuts: No. 1 roast. .12c; Jumbo, ,17o; raw 2o a pound less; 10-pound cans, salted. $1.60; 30-pound pail, .12c English Walnuts: No. 1 S. S. per pound .83c; No. 2 S. S. per pound, .24c; budded, .37c Almonds: Drake, 20-sack lot, ,18c; L. X. L. 30-sack lots, ,28c. . Honey: 24 frames, $6.00. Celery: California rough, $7.00; extra Jumbo, dozen, $1.60; medium Jumbo, doz en, $1.25: medium Jumbo, dozen, $1,00. Figs: 70 4 oz., $4.00; 24 8 os., 22.00; 10 pound. 4 row, $2.00; 60S oz., $4.00; 12 10 oz., $1.60; 10 pound, 6 row, $2.00. Cucumbers: Box extra fancy 2 dozen. $4.00; fancy, $3.60. Lettuce: Crate, per crate, $4.00f Idaho. $5.00; per dozen, $2.00. Roots: Rutabagoes, per pound, 2c less pts. .03c; parsnip, turnips, .02c; beets, carrotos, 02 c Unseed Oil. Duluth, Nov. 7. Linseed 1.861.86; arrive, $1.86. on track. Tuesday, November 8th, is Double SMC STAMP DAY AT Philip's Big Store To every customer making a purchase at our store Tuesday we will give "DOUBLE" the amount of S. & H. Stamps regularly given. To the first 25 customers entering our store -Tuesday morn ing we will give each 10 S. & H. Stamps FREE. Share In Our Profits We share our profits with our customers by giving every pur chaser a cash discount through S. & H. Green Trading Stamps. S. & H. Stamps are valuable. You should start saving them now if you are not already doing so. Don't fail to visit the S. & H. Premium Parlor, in our Down stairs Store, and see the many wonderful and useful premiums there to select from. . V"' 24th and O 'SU. DEPARTMENT STORE "1 South Oman Greea Tracing Stamps Tkay are Urn With New York Honda, The following quotations era furnlihed by Logan ft Bryan, 1'elsrs Trust Bldg Atch, Uen. 4s 11. A O. Oold 4 lleth. Steel Hef. (s Cent. Psc. 1st 4s C. M. A St. 1. Oen. 4s C. A N. W, Uon. 4s .... L. A N. U. 4s New York Ry. -4s Nor. I'sc. P. L. 4s U. P. 1st 4 , U. 8. Steel 5s , V, V. 1st Rof, 4s , S. 1. Cv. 5 , 8. P. Cv. 4a I'enn. Con. 4s , , Penn. Hen. 4s , C. A O. Con. 6 , Ore. S, L. Ref. 4s 88 O 92 74 7 86 if 87 77 (9 77 64 W 64 77V 78 840 86 21 it 24 79W 80 Mkifci 4S 954tr 96 77W 0 91 V 92 92 89 it 90 839 84 4t) 86 l $7 Foreign Exchange Kates. Austria Belgium Canada Czerho-Slovaltla Penmark .... . England ....... France Germany Greece Italy Jugo-Slavia Norway - Poland Sweden Switzerland .... Valuation. ... .30 ... .195 ... 1.00 .'27" ... 4.86 ... .193 ... .238 ... .195 ... .195 .if .'2V' .195 Today. .0006 .0716 .9226 .0106 I860 3.946 .0738 .0060 .0426 .0420 .0032 .1380 .0004 .2320 .1870 'New York Curb Mocks. The following quotations are furnished by Logan & Bryan: Allied Oil 3 4 Boston Montana 97 08 Boston Wyoming 80 4j 82 Cresson Oold 113-169)1 1 Consolidated Copper 1 1 Elk Bssln 7 0 8 Federal Oil 1 11-16 0 1 Glenrock Oil 1 1 Merrit Oil 104j51 11 Sapulpa OH , 4 4 Simms Petroleum 8 lumipsn xJlviue 0 70 u. s. U. s. Steamship 32 & 34 Retail Candy bQ t Liberty Bond Trices. New Tork, Nov. 7. Liberty bonds at noon: 3s, 94.86; first 4s. 94.60 bid: second 4s, 91.60; first 4s, 94.44; second 4Hs, 94.64; third 4s, 96.60; fourth 4s, 95.00; Victory 334s, 99.70; Victory 4s. 99.70. Liberty bonds closed: 3s, 94.88; first 4s, 94.30 bid; second 4s, 94.60; first 4s, 94.60; second 4s, 94.88; third 4'a, 66.66; ofurth 4s, 95.08; victory Ss, 99.76; victory 4s, 99.68. South Side Skinner Co. Receiver Seeks to Annul Lease . Of Packing Plant, Suit to declare void t lie contrail under which the Jacob lJold Tick ing company of IliifTalo. N. Y., it operating the Skinner packing plant wa rileil in federal court yesterday by Keith Neville, receiver for the Skinner Tacking company.! He alleges that various art have been committed by the leaon to the financial lost of the Skinner intri cate, pilling up operating losses and unauthorized improvements at the plant in the auni of $615,301 82 tines the Dold interest j took over the plant a year ago. Judge WoodrouRh tinned an order yesterday commanding the Dold company to appear; in court within 20 dayt and show reason why the contract thonld not be canceled. Two Men Held on Charge of Trying to Bribe Officer Felix Saniuk, 4320 South Thirty, third street, and Mike Tyrakoski, 3819 South Thirty-third ttreet. were bound over to the district court yes terday by Judge Foster in South Side police court on charges of at tempting to bribe Policeman Joe Potash, who testified that Saniuk tried to give him money on three oc casions. 117 Quarts of Home Brew In Home Cost Man $100 Morris Dcpray, 5115 South Forty first avenue, was fined $100 in South Side police court yesterday on a charge of illegal possession of li quor. South Side officers found 117 quarts of home brew beer in his home Saturday night. . Bazaar at Papillion Women of St. Calunibkill's parish of Papillion will give a bazaar. at Bell's hall in Papillion November 9 ' and 10. Dinner will be served from S p. m. to 9 p, m. each day at 50 cents per plate. There will be music. South Side Brevities $10 .60 BESCREENED ILLINOI8 LUMP. BROAD WELL-ROB ERT8 CO., MARKET 0660. New ork Money. New Tork, Nov. 7. Call Monev Firm er; high, 6 per cest; low, 6 per cent: rul ing rate, i per cent; closing bid, 6V per cent; offered at 6 per cent; last loan, 6 per cent. Time Loans Steady; (9 days, C)5tt percerit, 90 days. 6 V 5 oar cent: tnonrhs, bMiebVt per cent. Prime Mercantile Paper 6 US 5 per cent. , Wrift For Oar FIEE I00KS 0i MUNN 8t. CO. Tower Bunding. CHICAGO, ILL. 02S P St., WASHINGTON, D. C. Wonlwortn Buildlns.NEW YORK WobrtBldl.,5J Muk.lSt.AAJt FRANCISCO.CAL. G R A I WE solicit your consignments of all kinds of grain to the Omaha, Chicago, Milwaukee, Kansas City v and Sioux City markets. We Offer You the Services of Our Offices Located at Omaha, Nebraska ' Lincoln, Nebraska Hastings, Nebraska Chicago, Illinois Sioux City, Iowa Holdredge, Nebraska Geneva, Nebraska -Des Moines, Iowa Milwaukee, Wis. ? Hamburg, la. - ' Kansas City, Mo. Get in touch with one of these branch offices with your next grain shipment. The Updike Grain Company "The Reliable Consignment House" The Omaha Bee (TCLOCK EDITION Carries the World's Up-to-the Minute Telegraph News as well as Late Day ; News of Doings in and about Omaha. Serve Yourself With the Very Latest News Every Night in the 5 o'clock Omaha Bee 1 I