13
Co-Operation In
TUT? " I TV f TIC " IT W COLORS
1 il Jl Vj U iYl.IrtJ---'K THE SUNDAY IU
A PLEASANT AFTERNOON FOR THE WIDOW .
Drawn for The Bee by Sidney Smith
Copyright, ti:t. Chicago. TnbvBt Cores
I. C. C. to Probe
Live Stock Hate
To Omaha Market
Industries Urged
VMtW Ht "STARTCV TO
uiwl HaKr wM A KW'
Mt. Ahpuv" Qvnr vutt
.By Steel Magnate
V ......i i TV FY HAD
TMt BASS rVHtH Vt
. MirVM MMTtNd A
I fVFRMt TO UOOK AT IT-
it.A UIDIN& BFMINT MY
LQT Of luMv
Wtfe THKONVrU fish io
Prosperity Will Be Increased
Ultimately by Limitation
Of Armaments, Opinion
Of Charles M. Schwab.
ON TXt fWV.
LOOKED UKt JO LP MB Wrvj-
ANt nt TO Mt- ttE vvcit
I SOO noPU. IM THE MOOt
TVKM HE IPO" psws v
AT LleVT 11W WW
THE bE: OMAHA, TUESDAY, NOVEMBER 22, 1921.
7"K.
I
is
!)
By HOLLAND.
One of the reasons why the Ameri
can Iron and Steel institute invited
Marshal Foch to be the guest of the
institute at a dinner in this city was
based upon the belief that an occasion
of that kind would be opportune in
view of the conference at Washhing
tion for the limitation of armaments.
At the time Marshal Foch was in
vited, there was no knowledge of the
purpose of Secretary Hughes to set
forth at the initial meeting of the
conference the plan for the limita
tion of armaments which represents
the attitude of the United States to
wards the proposition. But it was
. . I , I
presumcu xnat me conierence wouiq
come to an agreement where some
limitation of armaments might be put
into effect, and as action of that kind
would be of especial interest and im
portance to the steel and iron in
dustry, it was thought that' the in
stitute might, through the oppor
tunity which Marshal Foch's pres
ence as the guest of the institute
would offer, let it be known that this
great American industry will gladly
accept any limitation of armaments
and readjust itself as soon as possi
ble to new conditions. '
Charles M. Schwab lit his address of
greeting to Marshal Koch emphasized the
attitude of the Amorlran Iron and steel
idustry. Two or three days have been
QfjulreU since Mr, nchwsb apoke to gain
. food understandinjc of the meanlna
which waa la some of ht worda. It has
been said that the address was the moat
Impressive of all communications publish
el lines it waa certain that a conference
would be held at Washington. Mr. Schwab
prepared It with special care. It
ma own work. Hla characteristic per
sonallty and method of thought and ex
presslon Identified him as the man who
wrote this address.
Great Principle Stated by Schwab.
At first there did not seem to be full
realisation of soma of the earlier com
inenta In Mr. Brhwab s address. But
. more careful readinjr of It combined with
1 a recollection of the views which
Pchwab holds respecting the futui
American Industry, makes it clear that
. he regards co-operation led by a -man of
great ability and unblemished oharacter
as the Imperative need. If American In
dustry Is to be maintained and Increased.
By co-operation he means united effort
under a single leadership. Mr. Schwab
doea not favor grouping Into a atngle con.
tro) each one of the larger American ln
dustrles, but he does favor co-operation and
tnat two of a Kind which does not neces
aarlly eliminate reasonable competition.
This Is the principle which Mr. Schwab
states must be adoptod by the steel In
dustry of the United States, It this coun
try Is to reach still greater heights of
achievement. This thought waa prelim!
nary to a more peraonal recognition of
Marshal Foch as) the supreme repreeonta
tive In all history of unity of action
and command.
Occasionally since the war was over
Mr. Schwab has revealed Incidents of
which during the war the public had no
knowledge. Some time ago he told of
his hurried visit to London In the early
days of the war and of the negotiations
which he then secretly carried on for
the purpose of aiding Great Britain and
not lor the purpose or bringing large oust
ness to the Bethlehem Steel company,
Not until he spoke In the presence of
Marshal Foch was It known that soon aft
r the beginning of the war, he put him-
seir in communication wnn some ox ins
tesraen of France, offering to place the
nance and armament manufacturing ra-
of the Bethlehem Steel company
Into the hands of the French government.
That offer Waa made because this com
pany was the only ordnance plant ln the
world which was in position 10 give serv
Ice to France.
Hteel Industry and War.
Mr. Schwab la often a master of brief
ancedotal narrative and he revealed this
ability when he told iiarsnai ocn ana
the members of the Institute- that the
American steel Industry furnished during
war days about 60,000,000 tons of steel.
"What 60.000,000 tons of steel meant was
made clear when Mr. Schwas said that
It would build a modern railway ten times
around the world, or would build a con
tinuous bridge of ships stretching from
the United States to France. American
atoal industries did this In four years.
This is an Industry which Mr. Schwab
admitted may be for a time seriously ai-f-ted
bv limitation of armaments. But
the attitude of the Industry towards this
proposition will In Mr. senwaos opinion
put an end to charges frequently made
that the flamo of war Is In great meas
ure kept alive by those who are tnterest--1
In tho nrlvatn bulkilnar of naval ships
nil the manufacture of munitions of
war." For it Is possible completely to
refute accusations of this kind by saying
that the shipyards of the Bethlehem com
, pany build more naval ships than were
V built in any other yard under one man
agement in the United States, and yet
this company will welcome as large limita
tion nf armaments as is now practicable,
That may Involve considerable monetary
loss for a time to the industry or to
parts of It, but that loss Is not to be con-
nirUred fur an Instant when it Is remem
bored that the llniltstion of armaments
Is to be an Inestimable boon to mankind.
. Rku-nh anlrf in TlUbliO what he iS
rennrted to have Bald in private, that if
the American plan for disarmament Is
rfnniMi therehv tending1 to permanent
peace, he would gladly see all the war
making machinery of the etnienm oie
cornoration sunk to the bottom of the
n,n Snenklnn- for the institute Mr.
Schwab stated that the men of the Amer
ican Steel and Iron Institute are, with
out exception, standing firmly behind
.v.. -rfnrt which will hasten the com
ing of the time when war shall be no
more. .
There was an Intimation in Mr. Schwab s
remarks that ultimately tne American
teel and Iron Industry will be materially
-h.fiti-ii hv the limitation of armaments.
because that Industry will be called upon
to provide an enormous amount of prod
in i,ct which are needed If our material
y f tkWsnerlty ) to be Increased and the world
to be aided. Mr. Schwab has often said
be believes healthful prosperity will be In
creased for he is one of those who are
confident that the United States Is to
enter speedily upon an era of prosperity
which will be of benefit not only to the
country but to the world. That era he now
publicly Intimates, will begin all the soon
er if the American proposition for -limitation
of armaments bo accepted by the
nations of the world.
"lJ
J3k
)
' tMtTel
I
3l
Market, Financial and Industrial News of the Day
LiveStock
Financial
Receipts were
Monday estimate.... 7.000
Same day last week 13,104
Same day tl w'a ago lil.Ot
Same day i w's ago ,2
Same day year ago 13.23
Omaba, Nov. II
Cattle Hogs Bheep
t.0
6.03J
11,076
6,200
4,796
6.6
4.780
13.761
Receipts and disposition of live stock at
the Union stock yards, Omaha, Neb., fur
24 hours, ending at t p. in., November
21, 121.
RECEIPTS CARLOT
I , self I
I statei
I I f ordna
ollitie
Kansas City IJvo Stock.
Kansas City. Nov. Il-(tl. 8. Buresn
cf Markets.) Cattle Receipts 13 000
head: beef steers, generally 15ff2c high
er; with nothing choice offered; 1.500
pound weights up to 17.00; ehe stock
strong to S5o higher: better (trades ad
vancing most, canners. 2.S0S.60; fat
cows, mostly 13.75 4.SS; few calves,
teadv; few at $7.60(8 S.00 heavies, strong
et ISc higher; storkers and feeders, gen
erally Jitr 50c higher.
Hogs Receipts. 8,000 head: fairly ac
tive. 10ffl5o higher than yesterdays av
erage, spots more, l0-S10-pound weights
to packers and shippers. 18.80tfS.J0; top.
IT.00; packer top, 14.10; bulk of sales.
ss.S08ie.sS; bulk throw out sows, 15.50
44.00; stock pigs, stsady; bulk. I7.S59
7.5.
Sheep Receipts. 4.SMI head: sheep
" steady to J5c higher; few ewes, 14.0ft:
: lambs, strong to 15a higher; natives,
M.OO; feeding lambs, strong to slightly
higher, early top, ti l.
Sioux City live Stock.
Sioux City. la.. Nov. Jl. Cattle Re
ceipts. 4.00 bead; market, killers steady
to weak: stockers. weak; Si cents lower;
fed steers and yearlings, I7.60S10.S0
-Short feds. 14.0097. :S; grass steers, I4.00
06 60; tat cows and heifers, 14.4097.40;
nannera, IJ.605J.00; veals, lltlfll.M;
feeders, I4.e.7; calves. II 50e4.6S;
feeding cows and heifers, 41. G 0 4.O0;
rasa cows and heifers. H.S0S6.1I.
Hogs Receipts. 1.000 bead: market. 10
to J5- higher; tight. t4 15f4 40; mixed.
If tegs IP; heavy, 5.;SC(.15; bulk of
hCiheep Receipts, 1.004 head; market
' steady to strong.
St. Joerpk lire Stack.
St. Joseph. Mo.. Not. Jl. Cattle Re
ipta. 1.40 bead: market steady to I5o
b gaer; steers. I4.604J14.6; cows and
beifers, i:i10.60: calves, tl.64476.00
Hogs Receipts. head: market. 1
Ka bigheri tea, II.JS; . baik. I4.I0O
Rbe-pRWipta. I SO besd: market.
sc higher; lambs, ..; swea.
Ilil.:i.
C. M. A Bt P. Ry. ...10 4 1..
Mo. Pao. Ry I
Union Pac R. R. ...IT ..
C. ft N. W, Ry., east 111..
C. & N. W. Ry.. west 7S SO 4
C, St. P., M. ft O. Ry. 13 1..
C, B. A Q. Ry esst 1
C, B. ft Q. Ry., west 72 ..
C, R. I. ft P., east 1 1
C, R. I. ft P., west 1 1 .. ..
Illinois Central Ry. ..' 2 .. ..
C, O. W. By 10
Total receipts 164 6! 24 1
DISPOSITION HEAD
Cat. H'gs She'p
Armour A Co 649 227 1170
Cudahy Packing Co 117 i 1591
Dold Packing Co 124 414 307
Morris Packing Co. 74t .... 726
Swift ft Co Sit 670 172$
J. W. Murphy 100 ....
Swarti ft Co 46 ....
Lincoln Packing Co. ..... 67
Hlgglns Packing Co 17
Hoffman Bros II .... ....
Mayerowlch & Vail 14
P. O'Dea 4 .... ....
Omaha Packing Co 1
Benton & Van Sant 47 .... ....
J, H. Bulla 95
R. M. Burruss & Co 19 .... ....
W. H. Cheek 63
E. O. Chrlstlo & Son.... 35
Dennis ft Francis 137
Ellis A Co '69
John Harvey 415
Huntzlnger ft Oliver 78 .... ....
T. J. Inghram 44 .... '. ...
F. O. Kellogg 222
Joel Lnudgren . 29
P. P. Lewis 88
Kirkpatrlck 60
Rothschild 68'
J. B. Root ft Co 83 .... ....
Rosenstock - Bros, 411
Sullivan Bros 20 ... ....
W. B. Van Sant ft Co. ... 77
Werthelmer ft Degen ... 282
Other buyers 1729
728
Total
.7,483 4,070 1,265
Cattle Moderate receipts of cattle Mon
day and the prospects of light Thanksgiv
ing week's supplies created a firmer feel
ing in the trade and prices for beef steers
ruled strong to 1526o higher than the
close of last "week. Quality of the offer
ings was not very good and few sales of
corn fed steers were made above the 18.00
mark, the common to fair warmed up and
short fed beeves going at 15.606.60. Cow
stuff wss generally about ateady and the
same was true of stockers and teeners, al
though trade In this line was rather dull.
Quotations on cattls: Choice to prime
beeves, 18.00)9.26; good to choice beeves,
$7.00(98.25: fslr to good beeves, 15.85
8.7S; common to. fair beeves, I5.006.75j
choice to prim yearlings, 9.2510.60:
good to choice yearlings, 7.769.00; fair
to good yearlings, (6.6007.76; common to
fair yearlings, 16.00fl6.26; choice to prtmo
grass beeves, Is. 6007.00; good to choice
grass beeves, 16.804 6.86; fair to good
grass beeves, S6.006.60; common to fair
grass beeves, 4.005.00; Mexicans, 14.00
4)14.75; good to choice grass heifers, 15.00
6.50; fair to good grass heifers, 13.75fffl
6.00; choice to prim grass cows, 14.169
4.50; good to choice grass cows, $3.86
4.10; fair to good grass cows. $3.S58.86;
common to fair grass cows, $2.50(S3.ZG;
good to choice feeders, $5.606.25; fair to
good feeders, $5.006.S0; common to fair
feeders, J4.6njf5.ui): good to choice stock
ers, 15.9096.60; fair to good stockers.
$5.2595.86; common to fair feeders, $4.60
95.26; stock heifers, 13.75(315.00; stock
cows, 13.0093.75; stock calves, $t.004J
7.26; -veal calves, $4.0098.60; bulls, stags,
etc., $2.2602.76.
BEEF STEERS.
No. Av. Pr. No. Av. Pr.
26 1131 $ 5 15 30 974 $ 6 75
22 1015 6 00 19 1143 6 75
17. .....1110 7 00 15 1116 7 25
HEIFERS.
12 609 S 50 66 611 4 25
COWS.
1038 4 50 4...... $67 5 25
BULLS.
1460 4 00 1 .1570 jl 75
Hogs Hog receipts were rather light
today, only 48 loads being reported In, or
2,200 head. There waa a good, active
market and sales were mad at an early
hour varying from 1020o higher than
Saturday. Top for the day was $6.-75,
most of the light hogs selling at $4,509
1.70. Oood mixed loads right around
$6.2696.50, with butchers around 18.160
6.35. Extreme heavies dropped down
under even money. Bulk of today' sales
was $6.1696.70.
HUUH.
Sh. Pr. No. Av.
70 $ 5 26 36.-463
SbeNttoflork Simes.
By ALEXANDER DANA NOYES
Chicago Trlbune-Omsh Be leased Wire.
New York, Nov. '21. After a day
of uncertain and desultory business,
the stock market closed with irregu
tar changes equally divided between
advances and declines. To the news
of the day Wall street paid little or
no attention.
The public interest is directed al
most exclusively to'investment bonds,
trading in which continued unusually
active today, with some further rise
in prices.
-Money Bate Firm.
Money rates wr firm, even time loans
being slightly advanced from laat week's
lowsr quotations; but this was recognised
as a response to necessarily temunrirv
conditions. The recovery In wheat, which
nas oeen aieanuy unoer way (desn ta oc
casional Interruptions) since the 98-cent
price wss touched on November 4, bas
now brought the December delivery to
11.1044. the h ghest sines the excited re
vision of supply and demand ideas began
in tne miaate or last montn.
When the Dries of the German mark
hardly moved today in response to such
currency statement ss that of the Uer-
man relchsbank, It would seem to bo
evident that the previous decline had
done some effsctiv "discounting" or else
that the chance of a turn for the better
In the German government finances is at
band.
Germany Is at End.
The pacer currency is shown to have
Increased 2.676.000,000 marks In the sec
ond week of November, reaching 95,000
000,000 marks. It has expanded since
the middle of October by the respectable
sum of 7,457,000,000 marks, or s per
cent, and It has now been enlarged by
per cent since the signing of the
armistice. Yet, the German mark in face
of this last achievement of the printing
press remained today above the price of
one-third of a cent, which it reached on
November 7, The explanation may bo
that even the speculator sees the Oerman
government at the parting of the ways.
It must now put through at some price
large home reparations loan in tne snape
of long term bonds, or els elect for its
currency affairs to follow the path of
Russia.
Chicago Grain
New York Quotations
Trust building:
Range of prises of the leading stocks
furnished by Logan & Bryan, Peter
Safe
High Low Close Close
RAILS.
A. T. ft S. F 8 7 44 8 7 14 .87 87
Baltimore ft Ohio. 37 37 a, 3744 37'1
Canadian Pacific lltt 11644 11544 117
N. Y. Central .... 78H 7314 73 73H
Ches. ft Ohio . 6944 69 69 69H
Erie R. R 12 11 12 12
Gt. North, pfd.... 7354 73 T3V4
Chi. Qt. Western
K. C. South. 2444 $4 24
Mo. Pac 1914 18 19
N. Y N. H. & H. 1314 13(4 13'i
North. Pac. Ry... 79 784 78 44
Chi. A N. W. 6 8 44 6 8 44 68
36 34 34
72 71 71
38 33 33
97
2014
24
7914
19
23
79
19
23
74
7
2414
1914
13
78
69
3H
72H
3314
79
20
24
No. Av.
21. .374
62. .308
53. .325
64.-263
81. .222
61. .210
Sh. Pr.
40 $ 5 35
80 6 85
40 6 15
120 6 25
6 60
... 75
lambs
hsad.
both
250 S 60 44. .305
70 6 95 64. .126
290 6 20 50. .278
40 6 50 63. .227 ...
40 6 70 18 179 ...
Sheep Receipts of sheep and
Monday were eatlmated at 5,200
There waa an active demand for
killers and feeder lambs. Best fat lambs
sold around $8.6698.75 with a top of 18.80.
Feeder lamba were advanced to 48.25,
yearlings were reported at $6.25. Heavy
ewes continue slow and dull. The general
market wss strong to 6o higher.
Quotations on sheep: Good to cholc
fat lambs, $8.6098.80; fair to good fat
lambs, $7.6098.60; good to cholc feeder
lambs, $7.5098.15; fair to good feeder
lambs, $6.7597.60; cull lambs, $6,259
26; fat yearlings, $5.6096.50; fat weth
ers. $4,5095.25; fat wee. light, $3,009
00; fat ewes, heavy, $2.0093.50: feeder
wes. $2.7593.60; cull ewes, $1.0092.60.
r AT LAMBS.
No. At. Pr.
294 feeder 12 I 80
Chicago Lire Stock.
Chicago. Nov. 21. Cattl Receipts.
19,000 bead; generally strong to 25c
higbsr; top, yearlings, $10.60: medium
weight steers, $10.00; heavies, $9.26; bulk,
all weights. $5.7591.86; fat cows and
heifers, largely, $3.5095.60: canners,
mostly, $2.6092.76: bulk, bologna bulls,
$3.2591.50: calves, slow to 25c lower; bulk,
v eaters, $7.0097.76; stockers and (seders.
15c to 25c higher.
Hogs Receipts. 40.00 head; fairly ac
tive. lOo ta 150 higher: mostly lOo hlghsr;
closed steady with Saturday' average;
holdover, moderate; top, 87.o; practical
top. lata. $6.10: bulk, 7647.00; pigs,
about steady; bulk. desirable. around
$7.00. few light weights up to $7.2597.60.
Sheep Receipts, 19,00 head: tat lambs,
I5c to 40c higher: mostly 26c up; top,
1 40; bulk. $9.099.26: culls, $6.6097.00;
top, yearlings, $7.16; fat sheep, steady to
strong; top. fat ewes, $4.0: bulk. 13.0
93.60; heavies, largely. $1.60 9 2.7s.
XbneaiMtt Grata.
Minneapolis. Nor. II, Flour Un
changed to le lower;' In car load lots;
family patents, quoted at $7.2197.6 a
barrel la 98-pound cottoa sacks.
Bmn $14.914.4.
Wheat Receipts, 1(4 cars, compared
with 641 cars a year ago. Cash. No. 1
norths. till 14 r 1.11 H ; December,
$1.19: May. $l.uv
Corn No. I yellow, 44944c
Oats No. I white, 21 93414c.
Barley It Jilc.
Ht-V. 2. 7677e.
Tla Na, 1. H.17 9L8I.
Pennsylvania Ry.
Reading Co
C. R. I. ft P
South. Pac. Co....
South. Ry
Chi.. Mil. ft St P.
Union Pacific 124 124 124 12414
Wabash 7 7 1 1
STEEL.
Am. Car & Fdry...l38 137 137
Allls-Cbalmers ... 36 3614
Am. Loco. Co..... $4 93
Utd. Al. Steel Corp
Bald. Loco. Works. 16 94
Beth. Steel Corp.. 66 64
Colo. F. ft L Co... 26 21
Crucible Steel Co.. 66 65
Am. Stl. Foundries 32 31
Lacka'a Steel Co.. 42 41
Mldvale Stl. ft Ord 24 241A
Pressed Stl. C. Co. 64 61
Rep. I. ft Stl. Co. 49 48
Railway Stl, Spr'g 88 II
U. S. Steel 83 82
Vanadium fiteel... 30 30
COPPERS.
Anacon. Cop. Min.. 45 44
Am. 8. ft Rfg. Co. 4174 41
Chile Copper Co... 12 12
Chlno Copper Co.. 27 26
Calumet ft Arizona 53 63
Insp. Cons. Cop... 38 37
Kennecott Copper.. 24 24
Miami Copper Co.. 25 25
Nev. Cons. Cop. Co. 13 13
Ray Cons. Cop. Co. 144, 14
Utah Copper Co... 69 67
INDUSTRIALS.
Am. Beet S'r Co... 80 29
A.. O. ft W. I. S. S. 52 31
Am. Int. Corp 38 37
Am Sum Tob Co. 32 31
Am Cot Oil Co... 22 21
36 36
93 94
26
95 95
66 57
25 25
66 65
31 33
43 42
24 24
63
49 49
88 ; . e a
82 82
30 30
45 44
41 41
12 12
27 -25
63
87 37
24 24
25 26
13 13
14 14
68 67
29 30
31 22
37 38
81 32',
21 23
.119 116 116 117
22
31
45
32
8
72
89
38
67
Am Tel ft Tel.
Am Ag Ch Pro... $1
Continental Can... 46
American Can Co 11
Chandler Mot Car 46
Central Ltbr Co.. 32
Cuba Cane Bug Co 8
Cal Pckg Corp ... 78
Com Pdcta Rfg Co 89
Nst Enam. Stamp 41
Famous Players ..67
Flsk Rubber Co.. 10
Gen Electric Co. .136 134
Gt North's Ore... 83 83
General Motors Co 11
Goodrich Co .... 31
Internet Harvester 77
Am Hide, Lthr pfd 66
U S Ind Alcohol Co 40
Internat Nickel ... 12
Internat Paper Co 68
Island Oil 3
AJax Rubber Co.. 11
Kelly-Spr'gTId Tiro 41
Keystone Tire. Rub 10
Internat M M. com 34
Internat M M. pfd 66
Mexican Pet'leum.116 112 113
suede states Ull is 1644 16
pure Ull CO 34
Willys-Overland . 6
Pacific Oil 46
Pan-Am Pet. Tran 61
Pierce-Arrow Mot 13
Royal Dutch Co. 46
U S Rubber Co .. 49
Am 8ugar Rfg Co 66
Sinclair Oil ft Rfg 21
sears-Roebuck Co 66
8tromberg Carb Co 10
studeoaker corp.. i
Tob Products Co. 6
Trans-Con'tal Oil. 10
Texas Co 45
U 8 Food Pr Corp 11
Union Carbide ... 46
Whit Motor Co.. 81
Wilson Co. Inc.. 11
West Airbrake ... 15
Western Unfoa
West'gh'so El, Mfg 47
Am Woolen Co ... 71
ToUl ales of stock. 767,i
Money Close. 6 per cent.
Mark CIos. .0436; Saturday" close.
.1016.
8terllng Close, $4.00 ; Saturday's eloae.
$$.$.
Tlslbt Grain Rnpply.
New Tork, Not. $1. The vlslbl supply
of American grain chow the following
change:
Wheat Decreased. 4.5"$,M bsshsl
Corn Decreased. 709. 0 bushels.
Oats Decreased, 325.004 bushels.
Rye Decreased. 207.00 bushels.
Barley Decreased, 210,000 bushel
31
46
31
45
31
8
72
37
89
66
10
11
31
77
55
39
11
56
3
16
40
33
66
36
6
44
60
13
46
48
64
23
66
30
74
69
48
11
45
!
95
4'
79
31
46
31
46
31
8
73
88
30
67
10
134
83
11
31
77
65
39
12
67
3
15
41
14
56
36
45
60
13
46
48,
55
23
C6
30
74
40
10
45
12
45
18
2t
$6
'47
7
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78
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39
13
56
3
17
40
10
65
113,
IS
36
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48
66
23
56
"75
0
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87
10
47
7
By CHARLES D. MICHAELS.
Chicago Trlbune-Oroaha bX lead Wire.
Chicago. Nov. ii. Bullish senti
ment predominated in wheat, the
stroiii domestic situation being: th
main influence and while the best
figures were not maintained the
close was at net srains of ii&Vic.
with December leading, closing lyic
under the May, tne smallest discount
so far.
Corn was firm from the start and
closed Jsc higher and rye was up
J4c, while oats finished Jic
lower for the day.
The wheat market showed more
snap and a tendency to rally from
breaks than for some time past and
received good support on all the
dips. There was free selling on the
bulges by strong commission houses
but the temper of the local element
was bullish and while a good reac
tion came toward the last it was due
mainly to a slight overbought pit
situation.
Higher Price In Prospect.
The greater part of the domestlo new
was favorable to higher prices. The vis
lbla supply decreased 4,606,000 bushels, or
materially more than had been expected,
but It waa discounted before the figures
were given out. uincal exports for Octo
ber segregated 26,000,000 bushels, and
from Julv 1 to October 31 were 161,000,-
000 bushels or within 1,000,000 bushels of
trade expectations. The demand for cash,
wheat was slightly better with premiums
at Minneapolis l2o higher and shipper
were sfter No. 1 Northern at Winnipeg:
which sold up to 3o over November against
2 He over Saturday.
Receipts were light in all sections ana
there was little indication of an increaao
despite the firmness in prices. Milling de
mand waa only fair with a good part of
the receipts of 63 cars at Chicago going
through to eastern mills from Kansas city.
Minneapolis was reported as attar hard
winter In Kansas. Private reports on farm
reserves in Kansas and Nebraska Indicated
that an unusually large percentage of
the crop had been marketed to November
1, Kansas farm stocks being 24 percent
of the total yield. Dry weather continues
in the southwest with no rain shown over
Sunday, and the forecast for unsettled
condition in that section were Ignored,
Export Demand Light.
Export demand was reported as light.
and while there were claim of 600,000
bushels Manltobas having been sold they
lacked confirmation. Australian wheat
was said to be offered to th orient at
lOo under the price of Pacific coast
grain.
Good buying waa in eviaence m corn.
with many of the local professionals on
the bull side. The late reaction In wheat
and profit taking was responsible for the
drop from the high point. Country offer
ings remain light and relatively high bids
put out Saturday night from Peoria failed
to buy much, grain while the seaboard
was after grain on the highest basis so
far and took 270,00,0 bushel here at ?
over December c i f. Buffalo, or e bet
ter than Saturday. Domestic demand was
fair. Recepits, 212 cars. Visible supply
showed a fair decrease, but a larger de
cline Is expected to be witnessed this week
as much, grain Is under charter to clear.
Oats Trading, Local.
Trade In oats was mainly of a local
character with a tendency to get out of
the December and into the May. There
were nuemous resting order to sell May
at 88c, which checked the advance, and
the finish was easy. Country offerings
small. Sample values were c higher
with receipts 66 cars and shipping sales
of 35,000 bushels.
Interest in rye was less active and while
the market showed a firm undertone it
was mainly in sympathy with wheat. Sales
of 100,000 bushels were made to go to
store. Receipt of 66 cars were mainly
from the northwest, .
Pit Note.
Exporters took 270.000 bushels corn at
Chicago today, basis 6o over Chicago
December for No. 2 corn, c. 1. f. Buf
falo. This was c higher relatively than
Saturday, and there was said to have oeen
orders for 600,000 bushel more.
According to reports received by Allen
Logan of Kansas City, Nebraska farmers
have 24 per cent of the crop still on
forms, or 12,918,000 bushels, and mills
and farm elevators, exclusive of Omaha,
have 1,084,000 bushels. The acreage sown
to wheat Is about the same as last year.
Total exports of wheat and flour for
October from the United States alone
were 25.000,000 bushels, making a total
of 160.000,000 bushels since July 1. For
the corresponding four month a year ago
total exports were 145,000,000 bushels,
The clearance for October were some
what larger than generally expected.
Local receipts were estimated at 90
cars, but of this 72 cars were Kansas
City billed through direct to eaatern
mills. Receipt of rye of 80 cars were
on old sales, also.
Weather and crop condition In Argen
tina continue favorable. The new wheat
crop Is making satisfactory progress.
Wheat markets continue heavy at Bueno
Aires and Rosario due to the belief that
farmers will of necessity have to offer
their wheat on a basis in line with world's
prices. At present, new crop wheat Is
aellfng at about 6c under nearby delivery.
Liverpool reported a atronger tone In
corn In United Kingdom markets.
Of the weekly Australian shipments,
1.264,000 bushels were shipped to non
European countries. A London cable said
Russia was inquiring for quotations on
Australian wbeat to be delivered at
Vladivostok. Some of the foreign trade
papers estimate Russia's requirements this
year at 40,000,000 bushels. Austrslian
shipments continue larger than expected,
being 1,960,000 bushels for the week.
Kansas City Grain.
Kansas City. Nov. 21. Wheat Decem
ber. 11.00; May, $1.03.
Corn December, 41 c; May, 46c.
Omaha Grain
Grain arrivals today were light, but
some larger than a week ago. Wheat
receipts were 36 cars, corn 30, oats
19, rye 6 and no barley. Wheat
prices were about 2c higher. Corn
was generally' unchanged. Oats
brought Saturday's figures. Rye ad
vanced lyic and barley was un
changed. Some offerings of. oats today sold
at an advance of c to 3c, but the
bulk was unchanged.
1 WHEAT.
No. J hard: 1 car, $1.10 (dark, smutty);
1 car, $1.06; 1 car, $1.01; 1 car, 11.03
(smutty); 2 cars, $1.02; 2 cars, $1.01
(smutty).
No. I hard: i cars, 11.07; 1 car, $1.06
(smutty); 1 car, $1.02 (smutty); 1 car,
$1.01 (smutty); 1 car, $1.01 (yellow); S
cars, $1.00 (yellew).
No. 4 hard: 1 car, $1.00 (yellow); 1 car,
99o (smutty); 1 car, 97c,
No. 6 hard: 1 car, $1.01; 1 car, 96c
(1.7 heat damaged).
sample hard: 1 car, 92o.
No, 1 spring; 1 car, $1.26 (dark, north
ern). No. 2 spring: l car, $1.23 (northern).
No. 5 spring: 2-5 car, $1.00 (northern).
No. 3 mixed: 1 car, $1.04 (smutty); 1
car, $1.02 (smutty).
No. 4 mixed; 1 car. 11.05 (spring): 1
car, 90s (smutty).
CORN.
No. 1 whit: 1 car, 40c.
No. 2 whit: 2 cars. 40a.
No. 1 yellow: 1 car. 41c fsnecial bill.
ing); 7 cars, 40 c.
No. 2 ysllow: 2 cars, 40c; 1 car, 40c
No. 1 mixed: $2-5 cars, 40c,
No. 2: 2 cars, 40c.
OATS.
No. 2 white: 1 car, 81 c.
No. 2 white: 1 car. 81c (heavy); 1 car.
30c; 1 car, I0c; $3-6 cars, 30c.
i No. 4 white: 1 car, 80o (old).
Sample white: 2 cars, 29o
RYE.
No. 8: 3 cars, 71 c.
No. 4: 1 car, 71c.
BARLET.
No. 4: 1 car. 43c.
Rejected: 2-6 car, ISc.
Omaha Produce '
Bonds and Notes
Furnished by 8tst of Nebraalo, de
psrtment of egrlculture, bureau of mar
kets and marketing:
LIVE POULTRY.
Rrollers ....
Springs
Hens, light
Hens, heavy
Cocks
Ducks ......
Geese
Turkey ....
Wholesale.
Buying Pr.
.$0.2010.25
. .100 .17
. .16
. .200
. .114).
. .200)
. .150
. .10(5)
.17
.23
.13
.21
.21
.32
Wholesale
Billing Pr
10.251(110.28
.m 22
.1J
,22i
.22
.110
.32
21
.25
15
.25
.26
.36
Broiler
Bprlng
Hens
Cocks
Duck
Geese
Turkeys, heavy
DRESSED POULTRY.
.20
.23
.14
.27
.23
.42
Case
Select
No. 1
No. 2
Cracks
count.
.. .1
.. .17
.. .12
.. .249
.. .22
. .40
EOOS.
$M. 60(8-15. 00
.. .50 '(t
.. .47$
.. .350
300
.82
.250
.23
.IN
.30 4
.280
.46
36
26
30
.20
.36
.30
.41
.62 .58 .60
.50 .600 .65
.40 .M .40
.32 .320 35
.32(9 .40
.460 ....
.440 .45
.33 .3ira .36
.26 .280 .30
OMAHA RECEIPTS AND 8HIPMENTS.
Week Vear
Receipts Today. Ago. Ago.
Wheat 36 33 64
Corn 30 16 26
Oats i 3 12
Rye s 4 ii
Barley , . .. J g
Shipments
Wheat 23 12 63
Corn 24 19 9
gat 6 2 16
Rye , 33 .. - v.
Barley 2 j
PRIMARY RECEIPTS AND SHIP-MENTS.
Today. Year Ago.
...1,204,000 1,928.000
. .. 655,000 771.000
... 637,000 726,000
Receipts-
Wheat
Corn
Oats ,
Shipments-
Wheat
Corn
Oats ,.,
622.000
211,000
265,000
CLEARANCES.
Todav.
Wheat ............ 930,000
Corn 163,000
Oat 10,000
CHICAGO CAR LOT RECEIPTS.
Week Year
Todav Atta
Wheat 13 9
Corn 146 219
Oats ............... 64 110
KANSAS CITY RECEIPTS.
Week
Todav A so
Wheat 933 200.
Corn 35 14
Oats 22 7
ST. LOUIS RECEIPTS. '
' Week
Today. Ago.
Wheat 74 65
Corn 100 1 83
Oat 28 46
NORTHWESTERN RECEIPTS
WHEAT,
1,049.000
678,000
405,000
Year Ago.
1.682.000
1,682,000
Ago
66
77
46
Year
Ago
380
80
10
Year
' Ago.
189
59
75
OF
Minneapolis
Duluth
Winnipeg
Today
..364
..131
1,591
Week
Ago
452
122
939
U. S. VISIBLE BUSHEL.
Year
Ago
564
293
1,028
Wheat
Corn
Oats .
Rye .
Barley
Wheat
Corn
Oata .
Rye .
Barley
Wk. Ago. Yr. Aso
55,382,000 39,824.000
18.706,000 7,140,000
68,727,000 84,328,000
6.760,000 4,743,000
4.352.000 3.483.000
OMAHA STOCKS BUSHEL.
Today wk. Ago Yr. Ago
2,496,000 1,165,000
326,000 126.000
2,492,000 1,203,090
688,000 2,730,000
62,000 40,010
Today
..50,877,000
..17,938,000
..68,396,000
.. 6,553,000
4,082.000
.2,389.000
. 179,000
.2,440,000
. 608,000
. 47,000
CHICAGO CLOSING PRICES
By Updike Grain Co. DO. 2627. Nov. 21.
Art. I Open. High. Low. I Close. Sat.
Wht. I I I
Dec 1.08 1.10 1.08 1.09 1.07
1.09 1.09 1.08
May 1.10 1.11 1.10 1.11 1.10
1.11 .: 1.11 1.10
Ry I I I I'
Dec. 1 .81 .82 .81 .82 .81
May .86 .87 .66 I .86 .86
Corn I 1
Dec .48 -4 .48 .4 .48
.4
May .64 .55 .64 .54 .61
.64 64
Oat
Dec. .33 .32 .43 .31 .33
.33
May .38 .38 .3774 .88 .38
.36 37 .38
Pork 1 I I I
Jan. 114.00 14.05' 14.00 114.06 114.00
Lard I I I I
Jan. I 8.40 1.67 LIS S.35 1.44
May J 1.85 9.02 8.75 8.75 8.82
Rib flt
Jan. I 7.15 7.35 7.17 7.17 j 7.12
May I 7.60 7.71 7.65 7.65 7.5
Storage, according
to grade
BUTTER
Creamery, prints
Creamery, tub
Country, best ... .30
Country, common .230
BUTTER FAT;
At station 0 .85 .'...0.,..
FRUITS.
Bananas, lb., 708c Oranges, size 216,
$7.60; size 260, $6,7507.00; size 3X8, $6.00
06.50; size 324, $4.0005.00. Lemons,
box, $6.6007.00. Fears, Keifer. bbl 17.50.
Orapes, Emperor. $2.6002.66 Grapefruit,
$4.0006.00. Apples. Jonathans, according
to grsde. box, $2 6003.00: Delicious, ac
cording to grade, box, $3.7504.75: Rome
Beauty, $2.2603.00; Ortley, $3.5004.00;
Spits. $4.0004.50. . Cranberries. $17.50$
19.00. Figs. 28-8 oz., $2.2502.50; 12-10
ox., $1.50; 66-oz., $3.50. Dates, Drome
dary, case. 18 lbs., $6.5006.75,
VEGETABLES.
Potatoes, Nebraska Early Ohlos No, 1,
per cwt., $1.75; Nebraska Early Ohlos No.
2, per cwt., $1.60; Nebraska Red River
Ohlos, per cwt., $2.0002.26. Sweet po
tatoes, bu., $1.6001.75; bbl., $5.0006.60.
Celery, Jumbo, $1.2501.35: Michigan, 60
066c Head lettuce, $5.0405.50; leaf
lettuce, 40045c Onions, Red Globe, 6
7c; yellow. 606o: Spanish, $2.60. Cab
bage,, lb., 3c. Cucumbers, doz., $1,250
2.00. Cauliflower, crate, $2.0002.55. To
matoes, lug., $3.0003.25. Radishes, doz.,
25035c. Squash, Hubbard, lb., 203c
Turnips, lb 3c Carrots, lb., 33c
Egg plant, crate, $2.5003.00; hampers,
$3.6004.00. Garlic, lb.. 25c. Honey,
case, $5.6006.00.
NUTS. ,
Walnuts, black, lb., 6c. English, 83
35c Brazil, washed, 18c; medium, 16c
Pecans, No. 1, 18c Filberts, Sicily, 30s.
HIDES AND WOOL.
Beef Hides Green, salted. No. 1, late
take. oft. per lb.. 608c; No. 2. late take
off. per lb., 507c: Green. No. 1. late take
off. 406c; Nc 2, late take off, ' per lb.,
3 05c; green salted, old stock, per lb..'
805c; green salted bull hides, per lb..
3c; green bull hides, per Ilk. 2o.
Horse Hides Large, each, $2.6003.00;
medium, each, $2.00; small, each, $1.60.
Pony and Glues Each, 75c0$1.5O.
Sheep Pelts Green salted, as to size
and wool, ech, 16 0 90c.
Shearlings Green salted, a to size and
wool, each, 6020c. g
Furs The eesson has Just opened for
furs and they are bringing good prices
Wool Choice Lns and blood, per
lb.. 15018c; choice medium and blood
per lb., 12016c; choice low blood,
per lb 10012c . ,.
HAY
Pralrl No. I upland $11.00012.00; No
2 upland, $9.00010.60; No. 2 upland, $7.60
08.60: No. 1 midland, $10 5011.00; No
2 midland, $8.50010.00; No 3 midland.
$7.0008.00; No. 1 lowland $8.0009.00;
No. 2 lowland, $7.0008.00: a.falfa choice.
$17.00ftl8.00; No. 1, $15.00016.00. stand
ard. $12.00014.00; No. 2, $9.00012 00:
No. 3. $8.0009.00. '
Ost traw, $8.0009.00
Wheat straw. $7.0008.00.
Wholesale' price of beef cuts are as
fallows: No. 1 ribs, 18c; No. 2, 16c;
No, 3, 12c( No. 1 loins, 22c; No. 2,
16c: Nc 3, 13c; No. 1 rounds, 13c:
wo. 2, ISo; No. 3, 10c; No. 1 chucks,
8c; No. 2, 8c; No. 3, 7c; No. 1 plates,
7c; Nc 2, 7c: No. 3. Kc.
Turpentine and Bosln.
Savannah, Ga., Nov. 21. TnrpontmT
Firm, 7272c; sales, 308 barrels; re
celpts, 260 barrels: shipments, 372 barrels;
stock. 9,168 barrels.
Rosin Firm; sales. 1,069 casks; receipts,
992 casks: shipments, 4157 casks; stock,
82,961 casks.
Quote: B, $4.20; D, E, F, G, $(.20i$
4.25; H. $4.2504.27; I, $4.2604.30; K.
$4.82 4.86; M, $6.17: N. J5.47U: WIS.
$5.57 05.60; WW, $5.75. '
For Oar FREE BOOKS On
NN 8. CO.
Tower Building, CHICAGO fLL.
625 F St., WASHINGTON, D. C.
Wool worth Baildias .NEW YORK
RobartBldz.S2 MarketSuAN FRAMCISCO.CAL
Every Investor Should Havt
THE INVESTOR'S
POCKET MANUAL
272 Pm SmIcM UiuMi MoaUiIy
5.000 high and loir records and ttatirtical
rftrscriptioo of 400 corporations, important
acta, earnings, dividends, etc Will be
furnished t RE by any inrestinent bouse
to investor! on request OR we will furnish
names af reliable bouses who will supply
FRIX monthly copies OR for 30e latest
issue will be sent direct hy FINANCIAL
"RESS. Publishers, 116 Broad St. N. Y.
$700.00
Annual Income
on a tax-free investment of $10,000 in First Mortgage Serial Bonds maturing in
1 year to 5 years as desired.
Denominations: $100, $200, $250, $500, $1,000, offend separately.
SEE
American Security Company
Dodge at 18th Street Omaha, Neb.
Ap.
BUI Asked Yi. 1.1
Am. T. Jt T. Co, 6s, 15S 100 S.H7
Am. T. & T. Co. 6s, 1J4 1"0 00
Anaconda 7s. 192K 46 7 611
Armour 7s, lDIIO 102 10l 4.60
KelKlan (lov. 6s, 1911 ...104 104 7.56
Hck-lan (lov. 7, 184S ,.103 104 7 11
Bt-th. Steel 7a, 1913 100 S lnH 6.67
British 6 Si, 1922 S9' 99 7.11
Hrltlt.li 64s. 1919 9Vs 01
Can. No. 6 S. 1946 106 106V 6.0
C. B. & Q. Jt. 6hs. 1936.1064 107 6.60
Chile s, 141 100 101 U 7. 3
Denmark Us, 1946 107 107 7.91
DuPont 7 4s, 19:11 1024 103 7.03
French Gov. 8s, 1946.... 101 4 101 4 7.16
French Gov, 74s, 1941... 964 96 4 7.H6
B. F. Goodrich 7s, 1926.. 974 7.76
Good. T. & R. Is, 1941. ..119 110 7.03
Great No. 7s. 1936 1074 101 8 16
Jap. Gov. 1st 4 4s. 1926.. 86 86 9 00
J up. Gov. 4s, 19.11 ...... 70 70 6.66
Norway 8s, 1940 107 104 7.51
N. W. B. T. Co. 7s, 1941.1074 108 . 6.5
N. Y. Centra) 7s, 1930 ...1054 1064 C.03
Penn. R. Jt. Co. 7s. 1930.1004 107 5.01
P. R. K. Co. 64S, 1936.. 1064 106 6.86
S. W. B. T. Co. 7s. 1925.. 100 100 6.71
Swift & Co. 7s, 1925-....100 1014 6.46
Hwift & Co. 7s, 1931 ....102 102 6.(13
Kwlss Gov. 8s, 1940 1114 113 6.79
U. S. Rubber 7s, 1930 ..103 104 6.90
Vacuum Oil 7s, 1936 106 6.41
West. Union 6s, 1936. .1054 106 6.86
West. Eleo. 7s. 1931 106 106 V, 6.23
Uruguay 8s, 1946 101 102 7.79
Brazil 8s, 1941 102 103 7.7
. New York Otton.
Chleai-o Trlbun-4)naaha Bee JLeaaed Wire.
New York, Nov. SI. The cotton market
continued Into hlrtsr g-round today, helped
by decidedly better Liverpool cables and
a slightly bullish sinning report. In the
first couple of hours a gain of 20 to 60
points was registered, but all that waa
not held. On the reaction of about 10 to
20 points from th top, business died
down.
Before turning upward again after mid
day the market came within 5 ta 18
points of Saturday's final bids. As ta
session progressed the tone was firm,
trading quiet. Some deliveries moved Into
new high ground for tbe day on support
of .Wall street shorts, the market Mln
helped by the Improved later tone cf
securities. Near the olos profit-taxing
carried the list about 20 poind from 4t
top and left it finally 23 to 31 Mints
tetter than Saturday.
St. Louis Grain.
St. Louis, Nov. 21. Wheat. December.
71.06 asked; May, tl.9 bid.
Corn December. 47o asked: May.
52c bid.
Oats December. 84c asked: Miv 38 Mo
bid. .
Unseed OH.
Duluth.. Nov. 21. Linseed On trsck.
31.864 1.S94; arrive, 31.864.
Increase Adcri on Burlington
At.Rfqufst of St. 'Joseph
And Kaiibas City Ii
, . Objectionable.
A notice wa rcccivf J yfstfrduy
by the Omaha Live Stock Exchange
from the Interstate Commerce com
mission advising that the commit
ion had inMitutcd an inquiry and in
vfkligation into the relationship br
tween the ratei on live itock in car
load lot from all Nebraska point,
and the interstate rate front the
ame point to Kan City and St,
Joseph, Mo., and Sioux City, Ja,
with a view of determining the
reasonableness of thcae rate and re
moving any discrimination which it
finds unduly exi.sts.
In 1917 the Kansas City and St.
Joseph Live Stock exchange com.
plained that rates on live tock on
the main line of the liurlington, north
and west of Aurora, Neb., and on
the Ericson, Uurwcll and Sargent
branches, unduly favored Omaha and
unjustly discriminated against Kan
sas City ana M. Joscpn. 1 lie result,
of the complaint was an order rais
ing the live stock rate to Omaha oil
these line and it has cost the ship
pers of live stock, who live along the
Ijurlington main line between Al
liance and Aurora, and those located
along the Burwcll, Ericson and Sar
gent branches, from $8 to $12 a car
more to ship to Omaha than it ha
cost their neighbors, who shipped
over the Union Pacific or North
western. Not only the Omaha Live Stock
exchange, but every other live stock
organization and Chamber of Com
merce in the state, will take a part in
the investigation and will send repre
sentatives to testify before the Inter
state Commerce commission.
Brakeman Sues Stock Yards
Company for Large Damages
Seventy thousand dollars' damages
are sought by Bernard Curran, for
mer brakeman, in a suit filed yester
day in District Judge Stauffcr's court
against the Union Stockyards com
pany. Curran alleges he was attempting
to get down from the top of '.iox
car in October, T920, when an open
gate struck him, causing him to lose
his leg anl severely injure his back.
liberty Bond Prices,
New Tork, Nov. 21. Liberty bonds a!
noon: 34s. 95.23; first 4s, 94.00 bid; sec
ond 4s, 94.72; first 4Vjs. 94.10; second
i 95.00; third 44s. 90.60; fourth 4V, a,
93.03; victory 3s, 93.90; victory 44is,
99.90. '
New Tork, Nov. SI. Liberty bonds
closed: 34s, 95.12; first 4s, 94.60 bid;
second 4s. 94.72; first 4Ks, 96.10; sec
ond 4Ks, 94.88; third 44s, 90.89; fourth
44v 94.94; victory 4is, 99.90; victory
414s, 99.90.
Tuesday, November 22, Is
DOUBLE SWf
Stamp Day at
TP
bjuiJi uinab
4.4t.i and O U.
German Marks
and Bonds Worthless !!!
It is the belief in financial circles, both here and
in Europe, that German marks as well as bonds are
worthless and will be eventually repudiated.
This conclusion is based upon Germany's mad attempt ta
make America pay her reparation bills by selling the unsuspecting-people
of this country worthless bonds and paper marks as
fast as her well-oiled printing presses, working double shifts,
can turn them out.
We have worked out A plan by which heavy losses to par
ticipators in this gigantic speculation can be averted if prompt
action is taken.
No extra money required.
Write or wire for
full information.
E. N. FORTSON & CO., Inc.,
67 Wall Street
New York
Updike Grain Company
OPERATING a large, up-to-date Ter
minal Elevator in the Omaha Mar
ket, is in a position to handle your
shipments in the best possible manner
i. e., cleaning, transferring, storing, etc.
-MEMBERS-
Chicago Board of Trade
Milwaukee Chamber of
Commerce
Minneapolis Chamber of
Commerce
St. Louis Merchants Ex
change Kansas City Board of
Trade
Sioux City Board of Trade
Omaha Grain Exchange
OFFICES AT
OMAHA, NEB.
LINCOLN, NEB.
HASTINGS, NEB.
CHICAGO, ILL,
SIOUX CITY. IA.
HOLDREGE, NEB.
GENEVA, NEB.
DES MOINES, IA.
MILWAUKEE, WIS.
HAMBURG, IA.
KANSAS CITY, MO.
All f tfa efficM wcept Kansas City and Milt auks
r CMSMCt! with asch Uicr by privets wires It will
rJ to tt ts tswh wlti oos of eur ofifes whea
raatiat to BUY ot SELL any kind of fralm. Ws solicit
fm ctulnMIs ! all kinds ! grata to Omaha,
Cklcar, Mihraak, Km City and Sioux City. Evtry
car rtslv careful perse sal attcntiea.
Updike Grain Company
"The Reliable Consignment House"