THE BEE: OMAHA. THURSDAY. DECEMBER 22, 1921,
11
v
A
Resumption of
Copper Mining in
Spring Expected
Surplus Stock Likely to Be Ex.
liausted Before End of Win.
, ter; Big Merger of Pro
ducers Planned.
By HOLLAND.
Some of the men who represented
llie stockholder! o the American
Bras company at the recent meet
ing with John V. Ryan and other
ctticers of the Anaconda Copper
Company had reason for suspecting
that the purchase by the Anaconda
company of the American Bras
company forecasts a merger by and
by of some if not alt of the largest
copper mining industries. In lact,
the suspicion prevailed that already
'ome of the leader in the copper
niningf industry of the United
States have begun the contemplation
of a merger of copper mining pro
perties and one of the greatest of
American industrial combinations.
Tut In addition in that usplolon some,
thltiRM wsra others were intimated,
at the racent niMtlnK, which Justified
in hellsf that ointlm In th winter
or anrly In th sprln- the mlnln of con
par which has heen suspended In almost
all of tha copper' mlnlnir planta will ha
resumed. Kor the Indications ara that
tha accumulation of copper which at one
time was pn-sunied to amount to 1.000,
000. 000 pounds will have been marketed
before the end .f tha winter and In
addition new demands, both domestic and
foielun, will Juetify the resumption of
copper mlnlii. Thia cannot be r-aardd
In any other light than thut which fur
nishes a good indicutinn of h general
reaumptlon of Industrial activity.
Initiative Takea New Channel.
Charles M. Schwab said In tha address
which be delivered at tha annual meeting
... . In tl.ia n!l a riuV
r two agu that he 1b apprehensive lest
tha Initiative which has cnaracieriii'a
jcreat American t'nicTomm'p
both In Induatry and In railroad eonstruc
tlon la today lacking. . Ha aeamed to be
apprehenalve leat too much government
regulation, too many governmental ou
reaua and probably the influence of
demogogy were restraining the eplrlt,
courage and enterpriae which characterise
great Initiative. 1 , . .
And yet the evidence la plentiful that
Individual Initiative haa not been de
a'.royed. It 4ias been manifested tn new
dlrectlona and by different methoda from
thone which characterized the great Ini
tiative leaders of the past. A few ex
amplea will show that Initiative la not
dead, although It has bean diverted Into
new chunnela partly by reason .of the
Influence created by the world war and
lta aftermath.
V Search World for Copper.
i There perhaps never was a. more strlK
ing illustration of courageous initiative
than one which can be furnished by the
present day ac'ttvJtleB and purposes nf
thoae who are Identified with copper min
ing. ' They are spending millions In- a
Beareh the world over for copper prop
erties capable of being developed, although
not yet developed. They are planning
the maintenance of the position of the
United Stoles as the greatest copper pro
ducing nation in the world. The public
has as vet little knowledge of these en
deavors but when It haa been made evi
dent that American capital and courage
have secured large copper properties in
South America and In other parta of the
world and that by reason of the initiative
of those who are now undertaking thia
work the United States will retain lta
pre-eminence aa a copper producing na
tion, then at last there . will ba recogni
tion of these leaders and 'of their initia
tive. Some of them are already known,
not familiarly but vaguely, as for instance
John D Ryan and Daniel C. Jackling.
So also the Ouggenhelms are known, al
though not generally for thetr association
with copper undertakings in Chile and
their Investment of probably $100,000,000
in Chile copper properties. s
Schwab Aa Initiative Force,
Charles M. Schwab, who regrets the
loss or the lack of initiative, might have
said that he is an excetion, for leaving
out of consideration his development or
the Bethlehem steal plant, it was bis
Initiative . inspiration that led to f, com
mand of large concessions In Chile ror
mining of Iron and the construction of
specially neviim
ships in which to transport the Chilian
ore to smelting planta upon CheasapeaK
baThe American leadera in the oil Indus
try are proving that the spirit which IS
. . . ... ..... ...I........ Th.v RAII.l.
called initiative tou V . Tt 7f 5.
ing prospectors at great cost to tho fields
beyond the Arctic circle in the hope that
the oil properties will be found to be to
rich aa to Justify any expenditure in the
development ot them. They are send Ing
at the cost of many thousand dollars,
qualified experts Into South America, and
other parta of the world tn the hope that
thia expenditure will be 3"d t.nt
the discovery and then the development
ot rich oil fl-ids. in thia way the pre
eminence, of the United States in the
, A oil industry can be made permanent.
Railroad Initiative. .
One of these days the discovery will be
V made that men of great, ability and of
long experience In railroad operation and
construction have been contemplating a
' ' nw alignment of the railroad systems
whereby these systems can be adequately
managed and be of benefit to the people,
and n especially In sections of the coun
fUe development
These men are really acting upon InU a
five not in the same way but In a sinliar
inirit to that which characterized the
man of great vision who. acting upon
- ?i,!?r Initiative conceived and then cum
ploted the transcontinental railway sys-
t ." eS thai' plans may be perfected
K'" hS"?pWt of tnmSlv? 'because the
work they are contemplating la new, not
vr having been undertaken, either in
fn! TTnited States or in any other nat Ion.
liTuMrated whet, the -ecretary of.taU.
pan. -
f lira, NfMk.
. f . , w c T3ii pan 11 OI
market, slow: mostly a.e.uj. -;.;
active. ISO to. J50 higher than yest
average; mostly ""-- hh.,!1v
ere up more: snipers ouj... -y-lol.
S7.15 on UO-pound average .
180 to 190-pound rfraLf.,...b"lk!..,iir dT-
7.05: pigs. i"C to no m-
lrSeepi-Reiptt 7.000 head; killing
elates Steady' to tic
ateadv: fat lambs to packers early.
Sw?iV: best, no, .old; fat ewes nearly
14.75; nocno ,w "r"i,7
back feeder lamps. rnr. --.
Chicago lire Stock.
BOOO-e'low. steady to atrong: spots high-
Kecetpt.
nVip higher than yesterday's aver-
Tee- y.om. butc'tler. up more; closing
!Mv.r moderate: shippers
bought about "-Tib ie7S- vi
nnnnd average) bu'.k. Se.Tow ". bias
2mt W hl'her. bulk, des.r-
feeder lambs. 1.S.
Stotu City Uve ork.
Ploui aty. Ia-.- Dee. SI. Cattle Fe
fpt"l.SM bead: m-rhet
fed steers and yearlings. l;6B(J
warmed ur S4.S0: flt
heifers. M.S03S.55; can"", fi SSf J 2
a!s. 1S085; feeders, -J-9'-calves.
J S0CJ4.S6; feeding cows and Beir
ars, S1604JIJS; stockers.
Hogs Receipts. . b;.raV
steady; 10c lower; light and butchers.
$4SI50; mixed. SS.00 6S..S: heavy.
8heet Receiita, 1.00 bead; market
steady.
ew Terk Sugar.
t.l tw -1 .T-,m raw sugar
market waa unchanged' with oncoctrolled
centrifugal quoted at c The cenunit-
(
le quotes old crop meas ax '
aid freight, equal to I Mc for rentrifuaaL
he t? sales reported wr 1S.J baas
? Philippine island centrifugel In port
: 3 f dltrred to a Kfcal rflnr.
Raw sugar future cle4 unchanged to
1 ponts nt lower, with January. I.lie:
liarca, me: Hay. :.:!c; jm. :.;Jc.
THE GUMPS---
BVrV ZArtPtR TIMNC.-tVICf
HAt HcVC tNOMH TO CMX T
K feeVMQUCT- THOOCjHT THPCt
MVt AU. Wl OF WtA
Mr . covnx. of
rttHCH tactXJ- XPTTKe WT.
tov
liveStock
Omaha. December
St.
Recelots were)
Cattle Hogs
. a si a - t.ia
Sheep
I.HliO
14.13
6.000
u,n
at. ma
17,S7
42.0KK
3.3,7(10
Official Tuesday ... 8.74S
.23
1S.00O
27,210
J6.307
14,612
80.7.U
14.600
Estimate Wednesday 2,800
Three days this WK.
Same laat week ...1S.77J
Same 2 wks. ago ...14.3-8
Hams 3 wks. ago . ..15.6S2
Same year ago .... 9.690)
--ji ji.n.uinn nr iiv stock at
. . . . u.-h. nmihi Keb.. for
ine uiiioh biuvi. . - - -.
S4 hours ending ' f P- ra December n.
Wl.
RECtsirrs wn
Cattle Hogs Sheep
ia 12 2
, 1 ... ...
1
16 '31 10
16 a i
17 t2 !
. 6 23 8
10 9 S
t 24 51 1
10 15
, ... S
, 5 4
2 2
"l23 175 2'
IN HEAD.
Cattle Hogs Sheep
, 890 10M 779
, 783 3184 1296
, 16 H6 ...
, tn 1439 1495
,'721 1826 701
4012
, ... 383
28
8 '80
, 242 "
80
, 15
17
, 10
,46 ... .
69
, 39 ...
, 15 ...
405
,38 ...
4
30 ... ; . ...
,.20 . .
. i ... .-
2 ... ' ...
, 24 ...
, , 13
. 71
, 738 ... 10"
,3923 , 12406 .'; 6278
C, M. & St. P. Hy....
Wabasn ft. n
Missouri Faciflo Ry..
Union Pacific R. R...
t a M. V. Rv.. east.
n a. u. W Rv.. west.
C, St. P., M. u. Ky.
C, B. & Q. Ry.. eaat.
C B. & Q. Ry.. west
C, R. 1. Sr., east.
C. R. I. & P.. west
Illinois Central Ky..
C, O. W. Ry
Armour & Co
Cudahy Packing Co..
nnlri Packina Co
Morris Packing Co...
J. W. Murphy
Swartz ft Co
l.lnnnln Packing Co. . .
Higglna Packing Co..
Ogden racKing wo,..,
Hoffman Broa
MiWait Parking Co..
Omaha Packing Co... 17
So. Omaha i-Kg. ,o..
J. H. Bulla
w TT Cheek .
B. O. Chriatle & Son.
riannia & Francis....
John Harvey
Huntalnger os unver.
T. J. ingnram
P. G. Kellogg.
F. P. Lewie
Mo.-Kan. C. & C. Co.
L. McAdams w
J. B. Root & Co.
Sullivan Bros
Werthelmer & Degen
Other buyers
CattleWith another moderate run of
.... .... a marucr nnnwsu
further Improvement, particularly on de
sirable ngm auu iwuuj
and good cows and heifers. . Both local
, . i tM.vA.a artnenreri TO
pacxers iu shiijk'"
have average orders and supplies being
moderate oeaiers we ui " '-,
,..u.. . r.l.ranre the t f Jtl gOOd beef
steers going largely arouse .007.00.
For tne ween pncee rwuiijr ..v,
ter than that close of laiTweek for both
. . . , u. m.,i fll,u.l(.r. ana
oeer steers nu
feeders have shown very little change
an wee. . - . . ..
Quotat ona on. cattle uooo 10 ciraw
oeeves, n.ni.. . , C Jinn
25.606.60; common to fair beeves. 85.00
SF5.50; gooa to cnoice eiuuj
n. fair to eood vearlings. 16.001317.5,
common to fair yearlings, $5.00 6.00;
good to choice heifers, $5.76a6.60: fair
to gooa lieuera, .outu.iu, -prima
cows. 4.60 5.00 ; good to choice
cows, $4.00tS4.50; fair to good cows, J3.26
4.00; common to fair oows, il. .?
3.00: good to chotce feeders, J6.00.60;
fair to-good feeders, $5.405.90; common
to. fair feeders, $4.605.25; good to cnoice
stickers, $6.25 6.76; fair to good Block
ers !5.756.16; common to lair siocitors,
v. ti Anial nil'
atock cows, 3.753.75; stock calves, $4.j0
7 50; veal caives, i.oinfo.uv, uu.ia, a..
etc., 3.004.50. .
BEEP STEERS.
No.
10.
39.
... r. M Av. r.
....1070 6 60 6....... 810 6 10
.. 12119 6 20 26 1021 60
... 1002 6S . 14 823 6 75
....1036 6 85 9 782 1 00
....1167 7 10
STEERS AND HEIFERS.'
20.
36.
7.
7 851 J 75 1
rows.
S 1130
14 1152
29 1086
8 50 13 10M 4 10
4 S5 18 1022 4 40
4 60 9 1082 4 '85
HEIFERS.
4 75 19 933 5 10
t 25
BULLS.
3 40 1 2080 2 60
2 75 "
80....
7....
1....
1....
. 482
. 747
.1800
.1470
CALVES.
5 406 t 60
Hogs Receipts, 12,000 head. Tho open
ing was very slow today with the buyers
bidding sharply lower. After trading got
under way sales were reported mostly
steady to 15o lower, shippers buying their
hogs today at 1015o under the best
tiros- yesterday and with packera about
ateady with yesterday. Best llgntweight
mnti,r f ta insult Rfi with a too
of J6.65. Mlited hogs showed little
change, selling from $6.006.35. Packing
grades from $5.506.00 with extreme
heavies down to 25.00. Bulk ot sales
was $6.256.60.
No. Av.
46. .334
58..2S4
43. .184
70. .240
Sh.
180
Pr.
Ko. Av.
Sh.
250
40
Pr.
6 36
10
6 40
a 60
60. .300
69. .269
I 50
15
45
65. .222
68. .213
80. .174 ..
.&5
sTs
68. .240
60
6.000. Trading
pneep jveciyi, w.w. . . u n
vary active on fat lamba today, showing
a general advance of 2636o wltn pack
ers doing most of the buying. Best fat
lambs sold mostly from J10.0010.SO with
a top price of 110.85. Feeder lambs are
quoted eteady with prlcea of 9.009.60.
The sheep market shows little change
with quotations steady, handywelght ewe
quoted from 24.0064.50 with the heavier
weights down to 22 60. ... . ,
Quotations on sheep: Fat lambs, good to
a an 4Q1 1 n 1 fot lamha. fair to
was
good. 29 5" 10.00; feeder lambs, good to
it..!.. 11 7SKi.ni feeder lambs, fair to
.-.."V ..,, ttf?-a Os
good, J.50'U'.il: CUII mill"".
i., i.ariinirs. 26.007.50; fat wethers.
4.60"as25; fat ewes, 2.00t?4.W: teedar
ewca, I2.60ff2.50; cull ewea. 2L004J2.5O.
FAT LAMBS.
No. Av. Pr. No. Ay.
fr.
10 60
irs fed . 74 in on 2s tea..
165 fed.. 1 10 59 I
FF-EPER LAMBS. 1
45 fed.. 62 9 25
Kansas. City live Stock. 1
Kansis Citv. Dec. 21. (U. S. Bureau of
Markets.) Cattle Receipts. 3.60B head;
beef steers, mostly 10&16C higher; some
sales up 25c; yearlings, 19 00; heavy
steers, 27.00; other sales, 25.2546.90: can
ners and she stocks, strong to 26c higher;
mostly 1 5 it CJc higher: bulk canners, 23.25
r j.50; moat cows, 2a.7.S4.25; heifers g"n
erally 1 4 6" i 6.00; ether classes mostly
steady: most desirable vealers, 27.00 4
7.50: bulk bulls. 23 0a$3.7; early sales.
Blockers and feeders. 24.506 6.00.
Hogs Receipts. .8 head; market
active. 154S2SC higher; packers taking big
bulk of receipts: top on 175 to 225-pound
hogs. 17.01): bulk good hogs. 0r ?.W:
bulk of sates, 26.75?.A0; good packing
saws. Ii.35i5 5"; pigs, steady: bulk. 27.04.
Sheep Receipts. !." bead; market ta
steady: most fat ewe. 21.76; full shorn
Texas wethers. 24.26; lambs generally 26e
higher; fed westerns. 91.2.
St. Joseph IJvs Stock.
' . Josph. Dec. 21. Cattle Rece'pts.
t.20 head: market steady to 2c higher;
teni. 25 ) 75: rows and heifers. 22.25
e 5i calve. 24.j..
Hoes Receipts. 1".5 had: market 2Se
hirhert top. bulk. 2s ;iI..
Sheep and l.mbe Receipt, 2.eef lamba.
;jie h'gher: ehe-p. steady: lambs.
,. lt.ic; ewes. i.2it.:.
SEC IT IN COLOM
IN THK SUNDAY BU
THt TCX CAME rVtONCi VHW A HA-LT
K tX)2tN
AIOOW A. UTTU OlAtfc fMU OFCWtl
?M- tO MAU. T VtM"T VAy
IOOM rOR. A BOHE- AW "WE
CC CttAeA ygA A UTTtt
U
or wa,t
kWOCK 'twe
A HATCH tT-
Market, Financial and Industrial News of the Day
Omaha Produce
Furnished by State of Nebraska, depart
ment of agriculture, bureau of ' markets
and marketing:
LIVE POULTRY.
M'h'sale Wh, sale
Buying Welling
Price, Price.
Stags I0.14C20.16 0.16i?H0.1S
Springs I81B1 .20 .20fa .2
Hens, light IS .17 .HW
Hens, heavy 20 .21 .MW .T,
Cocks lOiJrt .12 ,12f .1:1
Ducks 15 .20 . 2 (J fn .;'S
Geese ' 160 .18 ,20w .22
Turkey 250 .25 .364P .40
DRESSED POULTRY.
Stags ..
.20 0 .20
Springs ......... .18 .20 .200 .26
Hens 1 18 .23 .20 .28
Cock 13 .14 ,15) .18
Duck ... .22 .23 .22 .28
Geese 18 .20 .23 .26
Turkeys ,1 3019 .42 .44 .60
EGGS. .
Select ,... .44 .45 .48 .62
No. 1 43lfi .44 .43 .45
f
No. 2 SO .33 .328(1 .38
Cracka 264!) .30 .3Ujj .35
Case count, case. 11.70 12.00
Storage, ace'd g'd 36 .40
BUTTER.
Creamery, prints .46(9 .4
Creamery, tub 44ijii ,4.
Creamery, best-. .27 .28 .02101 ..10
Creamery, c'm'n .23 .24 .264P .26
Butter fat, ata... .33
FRUIT.
Fruits Bananas, per lb., 748c.
6raanaeat Size 216 and larger. $6.50 7.00;
size 250, 26.0006 75; size 288, 26.506.50;
size 824, 25.00fi5.50. Lemons, boxes, 25.50
6.50 drapes: Emperor, in luga, u.raw
3.50: Emperor, In hogs, 27.00: Almerius,
210.00. Grapefruit, crates, 4.605.00.
Apples, according to grade: Jonathans,
92.504j3.60; Delicious, 23.00 6.00; Rome
Beauty. 23.003.00: Spitz. 22.60(35.50;
Stamen Wlnesap, 22.5003.00, Cranberries:
Bbl.. 25.00ffi20.00: 1-8 bbl., la.&Offl'lu.uu.
Figs: 4-8 os.. 22.002.25; 12-10 oz., 21.50;
50-6 oz., 2S.6053.75. Datesr Dromedary,
86 pkgs, per box, .(; vara, 10., zac;
Hallowi, lb., 17c: Golden, boic, 85.50.
Vegetables Potatoes: Nebraska, Early
Ohio, No. 1, 21.762.00; Nebraska, Early
Ohio, No. 2, 21.60ffil.75; Red River Ohios.
No. 1, 22.003.50; Red River Ohlos. No.
2. 22.603.25. Sweet potatoes: Per bu.,
21.752.00; per bbl., 23.00ffi5.25. . Celery:
Jumbo, crate, 21.251.60: Michigan, doz.,
6576c Lettuce: Head, in crates, 24.00
4.&0; leaf, per doz., 6060c, Onions:
Red. lb.. 6H7o: yellow, lb., 66c;
Spanlah, oratea, regular. 12.60: Spanish,
140 lbs., orates, 27.007.60. Cabbage, lb.,
45c. Cucumbers: Doz.. 22.603.O0; box,
25.50. Cauliflower, crate. 22.753.00.
Radishes, doz.,- 7580o. Squash. Hub
bard, lb.. t2Wc Turnips, lb., 22c.
Carrots, lb., 23o. Egg plant, bu..
24.00. Oarlio. lb., 25c. Peppers, lb., 20
S,"c. Brussels sprouts, lb., 25c. Shallots,
doz., 21.00. Beets, southern, fresh, doz.,
21.00. Honey, case. 25.606.00.
Nuts Black walnuts, lb.. 66c; Eng
lish walnuts. No. 1, lb., 3235c; Brazil,
washed and large, lb., 18c; Brazil, wasted
and medium, lb., 15 16c; pecans, No. 1,
lb., 2030c; filberts, Roond. Sicily, lb.,
16 18c. Peanuts:' Jumbo, raw. lb., 12
ltic: hand-picked, raw, lb., 9c; hand
picked, roasted, ll12c.
Whblesale . prices of beef cuts , are as
follows: No. 1 ribs, 19c; No. 2 ribs, 18c;
No. 3 ribs, 17o; No. 1 loins, 23c; No. 2
loins, 19c; No. 3 loins, 18c; No. 1 rounds.
14c; No. 3 rounds, 13c; No. 3 rounds, 12c;
No. 1 chucks, 8c; No. B chucks, 8 Ho: No.
3 chucks, 8c; No. 1 plates, 8c; No. 2
plates, No. 3 plates, 614c.
Weekly Summary.
POTATOES.
Potato receipts were considerably heav
ier last week than they have been for
some time. Thirteen cars were unloaded
In Omaha; 10 from Nebraska, me
from Wyoming, and two from Minne
sota, aa compared with a total of five
cars the preceding week. Prices remained
unchanged, however, from pfices quoted
the week before. , ...
, I . ' : HAY. ' r U '
Hay receipts were somewhat lighter
last week- than were reported the pre
ceding week. A total of 76 ars were
reported as having arrived at the ex
change the first five days of the week.
There vs forty-two cars of alfalfa and
84 cars or prairie nay. very little cnange
In prices occurred. The lower grades of
alfalfa were reported 50c to $1 per ton
higher than prices quoted the week be
fore. . '. '
' " POULTRY. ' -1 J .
The poultry market remained quite
steady last week, with very little change
In prices). Springs were reported slightly
higher the last of the week. A slight
fluctuation occurred the middle of the
week, but prices reported the last of the
week, on most kinds of poultry were
about the same as those reported the
preceding week.
EGGS.
The egg market was very unsettled all
week. The continued warm weather in
creased the receipts of fresh eggs on the
market, and this, together with the fact
that an injunction against the Chicago
market had temporarily closed dealing
there causing a marked declined of 8c
per dozen on fresh eggs there, caused a
decline in .he Omaha market. Dealers
paid 211.70 to 212 per case the last of
the week. Dealers were not anxious to
load up heavily on fresh eggs. Storage
eggs remained unchanged, selling at 80c
to 45c per dozen, according to grade, to
retail dealers.
BUTTER.
The butter market remained unchanged
throughout the week. The demand was
about normal. The high price of butter
keeps up a good demand for butter sub
stitute. . Kew York Produce.
New York, Dec. 21. Butter Unsettled;
creamery, higher than extras, 41 & 42c;
creamery, extras, 4Xc; creamery, firsts,
3640e.
Eggs Firm; firsts, 6155c; others un
changed. Cheese Uneasy, unchanged.
Poultry Live, firm; chickens, 2S(?!5c:
fowls, 21$'28c; roosters, 15c; Turkeys, 46
0 65; dressed, weak; western chickens, 26
6 43c; fowls, 1738330: turkeys, 49 51c.
Chicago Produce.
Chicago, Dec. 21. Butter Unchanged.
Eggs Higher; receipts, 8.021 cases;
firsts. 6oSlo; ordinary firsts, 43ii4is:
miscellaneous, 474 48c; refrigerator firsts,
38639c
Poultry Alive: higher; fowls. 2325e:
springs, iSc; turks, 40c; roosters. 15 tec
Chicago Potatoes.
Chicago, Dec. 21. Potatoes Steady; re
ceipts, J a cara: lorai i. n. snipment. zas
cars; northern white sacked, 21.60$ 1.75
pwt; ditto bulk, 81.7081.80 ewt.; Red
Rlvr Ohios. sacked. 21.651.7i ewt.;
M.hn ruaaats. sacked. 22.00 rwt - Idaho
rurals. sacked. 21.854T I 90 cwt.
?"w Tortt Metals.
New Tork. Dec 21. Coppers Steadv.
Electrolytic Spot and nearby, 139
14c: later. 14c.
Tin Easier; spot and nearby, S3.00c;
futures. 33.26CV
Iron Steady; No. S southern, 17.009
l.0e.
Lead Steady: spot. 4 7j? 4. We.
Zinc Quiet, steady: East St. Louis de
livery, spot. 4.9(J4Sr.
Antimony Spot. 4.0c.
Kansas CMr Hay.
Kansas CUy, Dec. SI. Hay Un
changed. I on don Metals.
London Dec 2L Copper Standard, 12.
li-
K'ectrolytll! 174. 1.
Tin 1171. 1
I.ead 26, .la, d,
Ziac iJT. Is, d.
IT'S THE1 SCOTCH IN HIM
MklX CKXMff aHlATtO
tAfcT OFF IT
Chicago Grain
By CHARLES D. MICHAELS.
Chicago, Dec. 21. Grain markets
showed a strong undertone and
while fractionally lower early, de
veloped more activity as the session
progressed and toward the close
there was a wave of buying on re
ports that purchases of around 1,000,
000 bushels of corn would be made
weekly for Russian relief. The close
Was within a fraction o the top
with net gains of 22 S-8c on wheat,
13-815-8c on corn, 3-83-4c on
oats and 1 1-41 l-2c on rye.
Traders have been expecting a
Christmas bulge for several days,
and while sentiment was pessimistic
at the close Tuesday, there was a
good class of buyinir on all the dips
today which gradually absorbed the
surplus in the pit. There was a let
tip in December liquidation and with
a leading elevator interest buying
the December and selling May, the
spread narrowed from S l-2c early
to 4 7-8c at the close. Commission
houses bought May and sold the
July, and while several of the strong
commission houses were openly bull
ish, on the latter dslivery it showed
the least gain.
Winnipeg Market Weak.
Winnipeg showed comparative weakness
throughout the day and both December
and May there went to wider discounts
under Chicago, with some buying here
that looked like undoing apreadi between
Chicago and Winnipeg.
At the high point, December showed
Z'Aa and May 2c over the early low.
Selling at I1.1S14 for May checked the
advance for a while, but the offerings at
that figure were finally absorbed. There
waa a slow export demand for all kinds
of wheat, due to the approaching holi
days. A material letup In the movement In
the northwest and southwest had consid
erable influence on sentiment and it is ex
pected that Kansas City arrivals next
weak will be very small. Minneapolis
claimed there was hardly sufficient grain
on sale there to make a market. At the
same time milling call was only fair In
the leading markets, with local sales of
12,000 bushels. Receipts, 10 cars.
Despite cold and dry weather, there
was no increase in the damage reports
from the southwest, with the forecast for
light snow and warmer.
Corn Market Active.
Corn showed more activity than for
some time past and with tho prospect
that the, purchases of cash grain for Rus
sian relief would atart Friday, there was
general buying in evidence thit found
offerings light and the upturn was easily
attained. Speculative sentiment in re
gard to May has been bullish for some
time. Export business was on nt the
seabord, but quantities sold were not
large.
Buying of May oats, generally credited
by the pit element to a local cash house,
combined with the strength in other
grain, led to a fair, activity and a higher
price, with the close at the top at moder
ate net gains. Cash demand was not ao.
tive. Shipping salea were 61,000 bushels,
with receipts 74 cars.
Strength In hogs and grain combined
with a better demand for cured products
as the result of cold weather had some
effect on provisions and the close was un
changed on lard.
Pit Notes.
If the Russian relief bill passes con
gress, purchases of corn to an aggregate
of around 6 cargoes per week, or roughly
1,250,000 bushels will be made by Secre
tary Hoover, it was officially announced
today. This had a great deal to do with
the closing strength In all grains but the
latter had . started upward before the
actual news was received. There is no
certainty that the bill will be signed this
week but offers of corn have bean asked
for December 23 and will be wanted every
Wednesday thereafter. It is generally ex-
j)4Mcted that part of the grain will be
apitieo in tills couniry oeiore oeinu snippou
abroad. . - .
Bullish sentiment predominated In all
grains after the close, with a majority
of the local element long on wheat or corn.
Tnere has been a strong undercurrent or
bullishness for some time past and It
needed but a slight change in the gen
eral character of the news to turn the
markets upward. 'Jn some quarters tho
belief is expressed that In case of a
further advance tomorrow, profit sharing
wil bo In order, as there Is not as yet
sufficient outside business to keep values
auvancing lor more tnan a oay or so m
a time.
The main Influence In wheat at the
present time is the sharp reduction In
the movement from the interior and re
ports from the northwest indicate that
in many instances country elevitors are
closing for the season, farmers holding so
little wheat that there is no longer any
use of keeping them open.
- "Although nearly half of the winter
packing aeason has passed, stocks ot
contract provisions remain small," said a
provision broker. "As liberal sales for
shipment are still to go forward, no bur
densome accummulation is in sight."
Bran prices are now the highest in six
months with a good demand. , Sales were
made today at 225 per ton, bulk, mill
Chicago.
Stein Alsteln had a wire from New
York saying leading Canadian mills were
sold ahead on first clears until March
and that liberal Bales had been made re
cently to Kngland.
The need of high grade wheat in tho
southwest and at the gult ports is be
coming more necessary. It is under
stood exporters at the gulf are having dif
ficulty in getting together small cargoes
of good wheat, while mills are said to be
side-stepping the great bulk of tho wheat
at Kansas City on accoujH ot its quality.
' Grain Exports. -(Reported
by U. 8. Bureau of Markets.)
(Wheat inspected out under American
grades only. Does not include flour.)
Week ending December 17, 1921:
Atlantic Ports Boston. New York,
Philadelphia. Baltimore. 'Portland. Me.,
and Newport News Wheat, 1.186.000;
corn. 1,340,000; rye. 267.
Gulf- Ports New Orleans. Galveston,
Texas City and Port Arthur. Tex. Wheat,
I,lfi4,0n0; corn. 1.806.000; oats. 15.000.
Pacific Ports Seattle. Tacoma, Astoris.
Portland and San Francisco Wheat, 437,
000: barley. 3X000: rye. 21,000.
TotaH wheat. 2.787,000: corn, 3.14S.O00;
oats, H.OOO; barley. 33.000: rye. 278.000.
Previous week: Wheat, 2.675,000: corn,
1.150.000: oats, 19,090; barley. 701,000;
rye. 672.000.
Total. July 7. 1921. to December 17.
1J21: Wheat. 129.146.000; com. 16.333.000:
oats. 514,009; barley, 16,944.000; rye,
4,6S8,0t. .
Minneapolis Tlnnr.
Minneapolis, Det. 21. Flour Market
unchanged.
Bran. 222.0".
Wheat Receipt!". csrs. compared with
112 cars a rear ago. Cash. No. I north
ern, l.;sTtS 1.22: December, 21.26;
Ma. I1.23; July. 21.19T.
Corn NX t yellow. Sc.
Oat" No. 3 white, SOHSSlSc
Barlev 34c.
lire No. 2. jH79.c.
Flax No. 1. tl.Mmjl.95H-
London "Money.
London, Dec 21. Bar Silver HMi per
Money 2 ppr cent.
Tneunt Rate 4?hort bMIs. T4 per
ic.nl; three months bilks i" per cent.
A-r a "mtvAate rvJU. ok carrte
A COULD Ht vRUNK VT
vkitm a coypte or ti?-
0M- VOVt0T THAT
S?VJA- THAT VJA'VJ A
TCtAM VIV.TH IT
MVOMC tTCKlW(i OVTT
OF h CHET A
UOKCt U(C X VACHT
7
Omaha Grain
December 21, 1921.
The market was. not broad and
corn continued to constitute the bulk
of the receipt 184 cars of this grain
being reported in, against 13 corn
and 14 oats. Most of the earlier
trading was in corn, which brought
lie more than it did yesterday, the I
bulk, with some of the samples, go
ing at yesterday's prices. Oats gen
erally sold at about yesterday's
prices. Wheat was firm. Rye and
barley were nominal.
WHEAT.
No. 3 hard winter, 1 car, 21. OS (smut
ty): 1 oar, 21.03.
No, hard winter, 1 car, 11. OS; 1 car,
11.01 (very smutty).
Sample hard winter, 1 car, 11.04
(wesvil).
No. 2 yellow hard, 2 ears, 21.02.
No. 3 yellow hard, 2 cars, 21.01,
No, 2 mixed, 1 car, 21.01 20 per cent
durum).
No. 6 mixed, 1 car. 20o (musty).
corn:
No. 1 white, 1 car, 38o: 3 cars, 37SO.
No. 2 white. 8 cars, 37?4c.
No. 3 white, 1 car, 3744c
No. 1 yellow, 2 cars, 38c; 1 car (ship
pers' weights) 37lc,
No. 2 yellow, 17 cars, 37 c; 3 cars,
37?io (shippers' weights).
No. 1 mixed, 3 cars, 3 7 94c "
No. 2 mixed, 10 cars, 37 c; 2 earn,
37 He.
No. 3 mixed, 2 cars, 371c.
No. S mixed, 1 car, 3714 c.
OATS.
No. 3 white, S cars, 29ftc,
No, 4 white, 2 cars. 29 lie; 2 cars, 29c.
RYE.
No. 4, 1 car, 73c. S
OMAHA RECEIPTS AND SHIPMENTS.
(CARLOTS.)
Week Year
RecelntB Todav Airn Airn
Wheat 13 40 44
Corn 84 133 18
Oats 14 10 13
Rye 3 r,
Barley .. 2
Shipments
Wheat 34 J8 20
Corn 60 80 . 14
Oats 6 6 3
Rye 2 j. 10
Barley 4 .
PRIMARY RECEIPTS AND SHIPMENTS.
(BUSHELS.)
Receipts Today Week . Year
Ago Ago
Wheat ...... 509.000 896,000 918,000
Corn ...... .2,027,000 2,297,000 853,000
Oats 685,000' 480,000 439,000
Shipments-
Wheat 300,000 691,000 ' 617,000
Com 682,000 676,000 406,000
Oats 291,000 383,000 328,000
EXPORT CLEARANCES.
(BUSHELS.)
Receipts -Today Year Ago
Wheat and Flour .... 628,000 .618,000
Com 708,000 96,00!)
Oats 6,000
CHICAGO RECEIPTS. ;"
i Week ; Year
Carlots Today. Ago. Auo.
Wheat 18 17 22
Com 450 670 140
Oats 88 62 68
KANSAS CITY RECEIPTS. '.
Wheat 102 . 153 229
Corn 36 45 29
Oats 6 12 , 2
ST. LOUIS RECEIPTS.
Wheat 68 42 80
Corn 115 67 So
Oata 27 21 30
NORTHWESTERN WHEAT RECEIPTS.
Minneapolis v... 96 258 212
Duluth 121 194 127
Winnipeg 766 ... ...
.CHICAGO CLOSING PRICES.
By TJpdlkB Grain Co. DO. 2627. Dec 21.
Art. Open. I High. I Low. j Close. yest
Wht. I I
Dec. t.OSM 1.11V4 l.OSti 1.11 1.08
May J 1.14 1.16V4I 1.13 1.16 1.1
, I 1.14t4l... I ,1.16'i 1.144
July 1.034 1.054I 1.03 1.06 1.034
,1 J J I 1.054 1.03
Rye I . I l
Dec. .S2 .83 .81 . .RS .81
May ,8S4 .90 I .884 .90 .884
Corn
Dec. .46 .47 .464 .47 .46
May .63 .64! .53 .54 .624
I, I I, I .54...-....:
July i .544 . 664! -544 .64
Oats I I
Dec. I .32 .33V5 .22 '.33 .33
May I .33 ,38( .374 - .38 .38
38
July I .38 .39 .38 .39 .38
Pork 1 III
Jan. 14.65 14.6S 14.63 11 6 5 14.65
Lard I I I
Jan. I 8.70 8.72 8.67 8.72 8.67
May I 8.15 ' 9.17 j 9.12 9.15 9.12
Ribs I
Jan. I 7.75 7.85 I 7.75 7.85 7.77
May I 8.05 8.05 I 8.00 8.05 8.00
St. Louis Grain.
St. Louis, Dec. 21. Wheat December,
21.10; May. 21.14.
t Corn December, 47c; May, 63 53 4c
Oats December, 36c; May, 39 4c.
Kansas City Grain.
Kansas City, Dec. 21. Wheat Decem
ber. lv44; May. 11.09; July, 81.00.
Corn December, 41o; May, 414c;
July, 49c '. . .
New York Coffee.
New York, Dec. 2!. The arke for
coffee futures was higher tod. H Recent
reactions seemed' to have left it In a
stronger technical position, as offerings
were light and after opening at an ad
vance of 6 to 7 points, active months sold
16 to 22 points net higher on covering
on a little frawh buying, accompanied by
reports of higher cost and freight offers
and a better tone in Brazil. March sold
up to 8.88c or 3S points above the low
level of yesterday morning and closed at
8.82c with, the general market closing at
a net advance of 12 to 20 points.
Sales were estimated at about 21,000
bags. December. 8.74c; January 8.64c;
March. 8.82c: May, S.70c; July, 8.70c; Sep
tember, 8.73c.
Spot coffee was reported in moderate
demand at 9c for Rio 7s and 124 to
13c for Santos 4s.
w York General.
New York. Dec. 21.- Wheat Spot firm:
No. 2 red, 21 28; No. S hard. 21.27: No. 1
Manitoba, 21.30 and No. 2 mixed, durum.
21.144 'c. I f. track. New York, to ar
rive. Corn Spot, strong; No. I yellow. (6c:
No. 3 white, 67 c and No. 2 mixed, 65 He
c. i. f. New York, all rail.
Oata Spot, eteady; No. 2 white, 464
47e.
Pork Easy; family. 22.04J 28.00.
Lard Steadier; middle west, 2J.35S
9.45.
Other articles nnfhanged.
Turpentine and Reefn.
Savannah, Ca.. Deo. 21. Turpentine
Firm. 74-; salas. ISl bbis.: receipts. 213
Lb! ; shipments. 192 bbis.; stock, 13,9i
Wji.
Rosin Firm: sales. 1.281 casks; re
ceipts, 9n9 casks: shipments, 703 carts:
stok, 22.23 caaks.
Quote B.D.S.P6., 93 5: H.t,.. 574:
R.. M.3: M.. 2i.2; N 26.3S; WO, 85.20;
.w, 3.0.
New York Dry tiooda.
New York.. Deo. 21. Cotton goods were
steady iday. vlth trading of moderate
volume in unfinished tinea. Tarns were
frm: eilk-wrre quiet. Wool gKne were
Inactive. I lrisps were steady to l.rm
f That bast
Lvma oh The Kt "o ujho
HOME WA-, A IH
0 A, tHV HAt TO
UV-T HIM
THt
7
Financial
By ALEXANDER DANA NOYES.
Chicago Tribune-Omaha lire Leased Wire,
New York, Dec. 21. A general
decline under the same auspices as
the previous advance, carried prices
down rather sharply on the stock
exchange today. The day's losses
ranged from one to three points in
a very considerable number of
stocks, the oil shares leading the de
cline as they did last waek's advance.
In these, as in . other industrial
shares,-today's market had no more
significance than the closing out ot
a brief and highly artificial profes
sional speculation. The further re
duction in sugar prices to the lowest
since the early days of the war, prob
ably had some unsettling effect on
sentiment, but shares of the sugar
companies declined less than the
rest.
In the bond market, fractional de
clines were very general, with the
transactions 111 the usual large total
volume. Foreign exchange rates
again yielded slightly, but on the
whole were well sustained, in view
of the recent rapid rise.
Relaxation Showing Up.
The relaxation in buslnesa which was
foreshadowed six or eight weeks ago, when
the "autumn trade boom" failed to ma
terialize, is coming Into scmewhat plainer
evidence as the year draws to a close.
In the steel industry, for Instance, the
midweek trade reviews report the United
States steel plantB as working now at 45
per cent cf capacity, whereas two weeks
ago they were doing better than 60 per cent,
a change wnich win be read in tne lignt
of the recent unfilled order statement,
showing decline, in orders on the books
as of December 1, to the lowest total 01
the year and the smallest since April, 1915.
The Iron Age explains the present hesi
tation among consumers of steel, first by
the possibility of lower freight rates, but
also by "uncertainty as to prices." Un
certainty on that question might, Indeed,
be taken as the key to pretty nearly every
market at the approach of the year end,
but the uncertainty is ot a curiously dif
ferent sort In different markets.
Ri stocks, most people of judgment
have for some time believed that the logi
cal attitude of the market would have
been maintenance of virtually unchanged
prices, but professional speculators would
not leave the market alone, whence the
utterly meaningless alternation of rapid
advances and equally rapid declines. With
tne bonds, the still unsettled question is
whether the full effect of the "reinvest
ment demand" on prices was or was not
anticipated by the November riRe.
concerning foreign exenange, wnoae in
trinsic value with a fluctuating par is
largely a matter of Imagination, Wall
street has all but ceased prophesying. One
of today's London cables quoted predic
tions in tnat market tnat sterling "will
go to $4.50, but no one seea why."
Omaha Bond Market.
170 Am. Smelt Ref. 6s 884 884
213 A. T. & T 6s 914 91
155 Armour 44s 864 87
6 B. & O. Ref. 5s 78 78 4
6 B. & O. Cv. 4 4s 78 4 78 4
149 Calif. Oas Unl. 5s 90 8 . . . .
16 C. M. & St. P. Cv. 44s.. 61 624
13 C. M. & St. P. Ref. 4 4S.. 67 0 67 4
33 C. R. I. & P. Ref. 4s 764 76
39 D. & R. Cy. Cv. 4s 72 4 72
47 Gt. No. 44s 86 884
50 III. Cent. Ref. 4s 824i 83
58 Mo. Pac. Ref. 5s, 1923 97 4 97
59 Mo. Pac. Ref 6s, 1926.... 92 93
80 Rio Grande & W. 4s 74 fiS) 74
86 Stl. & S. P. Gen. 5s 101 ((8105
?1 St. L. & S. P. P. I,. 4s 68 4 69
85 St. I & S. P. Adj. 6s 72 4 W 72
84 St. I,. & S. P. Inc. 6s.... 65 S) 654
87 St. L. & S. Y. Term. 6s.. 71 4 SS 72
162 Wilson & Co. 6s 954 96
63 K. C. So. 6s 84 (iS 854
25 C. G. Vf. 4s... 614 61
89 S. A. 7,. Ref. 4s 324 33
31 Colo. So. 44s 844 0) 86
23 C. & O. Cv. 5s 84 85
114 I. R. ,T. Ref. Ds 63 53 4
112 Hud. & Man. 1st Ref..... 75 ffl 754
New York Bonds.
The following quotations are furnished
by Logan & Bryan, Peters TruBt building:
Atch. Gen. 4s 85 4 85
B. A O. Gold 4s 77 4 77
P.eth. Steel Ref. Es 904 90
Cent. Pao. lrt 4e 824 82
C. M. & St. P. Gen. 44s 61 624
C. & N. W. Gen. 4s 83
L. & N. U. 4s 88 884
Nor. Pac P. L. 4s 84 84
V. P. 1st 4s 874 88
IT. S. Steel 6s 994 99
U. P. 1st Ref. 4s..., ,.. 83 4(S 83
S. P. Cv. t,s. 95 96
S. P. Cv. 4s 87 0 87
Penn. Con. 4Us 93 94
Penn. Gen 44s 864 87
C. & O. Con. 5s 84 85
Ore. S. L. Ref. ,4s 884 88
New York Cotton.
New York. Dec 21. The cotton mar
ket improved today after early regularity.
Business was R bit more animated than
on the day before. The list sold off 15
to 28 points from the preceding close not
long after a rather steady opening, but
recovered all but a few points by the
end of the second hour. Distinct Im
provement was apparent In the early aft
ernoon when shorts, attempting to cover
committments, found the supply of con
tracts not as big as Indicated earlier in
the session. The market not only re
gained all Its losses, but advanced 15 to
22 points over its preceding olos, trade
Interesls being buyers on the way up.
There was a slight sagging near the close,
final bids showing a loss of two to its
points on artive months hut a gain of
eight points on December.
t At.
i Bid Afkod Tletd
Am. T. T. Co. Ss. 1922 99 10IH, i 87
Am. T. & T. Co. s, 1924 99 !
Anaconda 7s. 1929 1004 101 .S5
Armour 7s. 19.10 101 lUi 65
Belgian Gov. Ss. 1941 ...lf'4 107 7.85
BelKian Gov. 7tjs. 1945. .104 104i 7.05
Beth. StM-l 7s. 192i leott 100 .6
British 514)8. 1922 10 5.50
British 6hif. 192 S6S
Can. No. 1946 107V4 10U 6 95
C B. Q Jt. Hs. 193610S 10l, S 75
Chile- Ss, 1941 ll 11H 7-S5
Denmark s. 1945 10S 1!H T.JJ
Du Pont 7ViS. l:t 104" S5
French Gov. . 1945 10 0
Trench Gov. 7H. 194t .. 4k S .M
B. F. Goodrich 7s. 12S.. 7 1 7.7S
God. T. R. . 1941..IIVi 111 .
Orat Northern 7s, l3.ll74 1H .!
Ja. Gov. 1st 4V,. 1935.. ST ITS S
Jap. Gov. 4s. lil Vi 74t, 7.5
Norway Ss. 194 109 11 7 5
N. W. B. T. Co. 7s. 19411A4H S S
N. T. Cen. 7s. 19J0 105 166V, s.tl
Penn. R. R- Co. 7s. 1J3.105ti li ml
P. R. R. Co. 4s. !.!.. 1041, 14S tD
S. W. B. T. Co. 7s, 1925. 1061 ic, 75
Rwlft A- eC 1925 .... jaaifc 7
Swift Co. 7a. 1911.... 101 4) 1"1H 75
Swim Gov. . 194 11 111 f.,76
V. 8. Rubber 13..1S li ',
Vacuum Oil 7. 19J 17 2S
Western In. IMS ..lot 174 7
Wet. Elec. J. 1931 ,...15 1S 22
I Vfi,,-p. s faic . ia2Ti in
i.Xiraul Ss. 1911 lit
x Bonds and Notes
Drawn for The Bee by Sidney Smith
Copyright, lilU Chicago Tribune Compeer
t)rtt-
TS sail It asHneet-ncaa tw.
ma& ttN
OVT 11TV
TWttl2t. -
New York Quotations
Range of prices of the leading stocks
furnished by Logan & Bryan, Peters Trust
Bliig.:
RAILS.
Wed.
High Low Close Clnta
A. T. & S. F 93 93 4 ft 4 93
Bait. & Ohio .... 36 4 35 35 4 364
Can. Pacifio 121 4 120 120 12li
N. Y. Can 74 73 73 74
Ches. & Ohio .... 66 654 6i4 664
Krle R. R 10 104 104 10
Ot. Northern, pfd. 76 4 76 75 76 4
Chi, Gt. Western. 64 64 6 4 ....
III. Central 984 98 (8 98
Missouri Tac 17 174 14 17
N. Y.. N. H. & H. 18 124 124 124
No. Pac. Ry 79 4 78 4 78 4 79 4
Chi. & N. W. ... 66 664 664 67
Penn. R. R .13 4 33 33 334
Reading Co. 73 72 72 724
C, R. I. & P. .... 32 314 814 324
80. Pac. Co. .... 80 79 79 80
So. Railway ..... 18 184 18 18
Chi., M. & St. P. , 19 184 184 19
Union Pacifio ....1264 1254 1254 1264
Wabash 6 6 6 C
STI5KL.
Am. C. & P. ....1444 142 143 144
Al.-Chalm. Mfg. , 38 4 38 88 4 ,18 4
Am. L. Co 101 994 94 99
Utd. Al. S. Corp, . 254 254 254 26
Bald. Loco. Wlis.. 97 954 954 96
Beth. Steel Corp.. 56 56 68 66
Colo. F. & I. Co.,. 25 254 254 26
Crucible Stl. Co.. 66 65 65 66 4
Am. Stl. Foundries 38 334 334 334
Lackawa'a Stl. Co.. 45 46 45 . 46
Mid. Stl. & Ord.... 27 27 27 274
Pressed Stl. Car Co 64 64 64 ....
Rep. I. & Stl. Co.. 624 614 51 62
Ry. Steel Spring.. 91 SI 914 90
S-S. Stl. & Iron 38
U. S. Steel 84 83 4 83 4 84 4
Vanadium Steel ... 314 314 314 31
' COPPKRS.
Ana'da Cop. Min.. 484 47 484 484
Am. S. & Rfg. Co.. 44 44 44 44
Chile Copper Co... 16 15 154 15
Chlno Copper Co.. 274 26 26 28
Calumet & Arizona 564 564 664 ....
Insp. Cons. Cop... 40 39 39 404
Kennecott Copper 26 244 244 25
Miami Copper Co.. 87 264 264 274
Nev. Cons. Cop. Co 14 14 14 16
Ray C. Cop. Co... 15 15 15 154
Utah Copper Co... 63 61 4 614 68
INDUSTRIALS.
Am. Beet S'r Co.. 28 27 27 274
A G. & W. I. S. S. 33 30 31 33
Am. Int. Corp 424 40 40 424
Am. S. T. Co 32 4 31 4 31 31
Am. Cot. Oil Co.. 234 224 224 234
Am. T. & T. ....1144 114 114 1144
Am. A. Chem. Pro. 29 29 29 29
Bosch Mag 844 344 344 36
Con. Can 47 47 47
Am. Can Co 334 32 32 83
Chandler Mot. Car 50 49 49 60
Cen. Lea. Co 30 30 4 30 30
Cuba C. Sug. Co. . 6 . 6 6 64
Cal. Pkff. Corp. .. 69 "69 69 70
Corn Prod. R. Co. 98 4 97 97 4 98
Nat. E. & Stamp.. 38 S7 37 87
Fam. Players .... 79 78 78 79
Flsk Rub. Co 12 12 12 12
Gen. Elec. Co 140 1364 1364 141
Gt. No.- Ore . 314 814 314 31
Gen. Mot. Co 11 10 4 11 ill
Good. Co 36 35 85 '364
Inter. Harv 83 1 824 824 834
Am. H. & L., pfd. -60 60 60 61 .
U. S. Ind. A). Co.. 39 394' 394 39
Inter. Nickel 12 ,124 12 2
Inter. Paper Co.... 64 624 624 644
Island Oli 2 2 2 2
Ajax Rub, Co. ... 15 154 154 15
Kelley-Spring. Tire 434 424 424 43
Key. T. & R 164 144 14 164
Int. M. M., com.. 14' 14 144
Int. M. M., pfd... 644 3 63 644
Mex. Petroleum ..115 1124 112 115
Mid. States Oil.... 13 4 134 134 134
Pure Oil Co 38 4 37 4 37 4 38
Willys-Over'd Co... i 5 6 54
Pacifio Oil 48 46 46 48
Pan-Am. P. & T.. 53 614 61 4 63
Plerce-Arrow Mot. 13 134 13 13
Royal Dutch Co.. 51 50 50 61
U. S. Rubber Co... 654 644 644 65
Am. Sugar Rfg. Co. 61 49 604 50
Sinclair Oil & Rfg. 22 4 21 4 21 4 2 2 4
Sears-Roebuck Co. 61 67 ' 574 57
Stormb'g Carb. Co. 36 4 35 35 35
Studebaker Corp... 81 80 804 814
Tob. Products Co. 64 624 624 63
Trans-Cont. Oil... 314 10 10 11
Texas Co 47 454 454 474
0. S. Fd. Pr. C. 104 104 104 10
Union Carbi$ ... 44 44 44 44 4
White Motor Co... 3S 38 38 394
Wilson Co., Inc.. 30 29 29 80
Western Union ... 81 91 t 91
Wesfse El. & Mfg. 50 60 60 60 4
Am. Woolen Co... 81 ij, 80 80 804
Total saaes, 688,600.
Money Close, 64 per cent;'' Wednes
day's close, 6 per cent.
Marks Close, .0058; Wednesday's close,
.0067.
Sterling Close, 14.22! Wednesday's
close, 34.21.
New York Dried Fruits. '
New York, Dec. 21. Evaporated Ap
ples Nominal.
Prunes Steady.
Apricota and Peaches Firm;
Raisins Easy.
GRAIN
WE solicit your consignments of all
kinds of grain to the Omaha,
Chicago, ' Milwaukee, Kansas City
and Sioux City markets.
We Offer You the Services
Omaha, Nebraska
Lincoln, Nebraska
Hastings, Nebraska
Chicago, Illinois
Sioux City, Iowa
Holdredge, Nebraska
Get ia touch with,
offices with our
The Updike Grain Company
"The Reliable Consignment House"
Orpheum Circuit Heads '
Inspect Building Sites
For Two New Theaters
Construction of two new Orphfum
theaters, one to be al.trlcii within
ix month, wai force st yester
day by Mansgrr William Pyme oi
Hip presfitt Urpliciim.
The first liotue to te built will be
for vaudeville of the price und clam
now being shown lierr, The
ond U to be a junior Orpheum, with
a lower ratige of admission price.
l'rospfctive builtlinsr itc were in
spected Monday !y Mori and Hur
ry Sinner and Frank Vincent, Mfi
rials of the Martin Beck circuit.
Among the sites under considera
tion is one at the southwest corner
of Sixteenth and Howard street:
one on FAiuatn street, just off Six
teenth street, wrst of the First Na
tional bank; one at liiRhteenth and
Uodue streets; another at Seven
teenth and Douglas streets and still
another between Fifteenth and Six
teenth streets on Douglas.
Land Sold Them Under River
Plaintiffs Allege in Lawsuit
.Argument as to whether the land
involved is in Nebraska, Iowa, or
under the Missouri river featured
trial of the $12,500 suit of Julius
Treitschke, Omaha, against James
Kiner, Sioux City, and others, in Dis
trict Judge Fitzgerald's court yester
day. Treitschke alleges in Ins petition
that King and three others misrepre
sented land in Dakota county, Ae
braska. which they sold to him. He
asserts that the land is under water.
It was argued in defense that tm-
course of the river had changed, in
undating the farm.
"Miracle Man" Released
From Jail on Appeal Bond
"Rev." M. B. Long, the "miracle
man," who professes to cure human
ailments by prayer at his mission,
937 North Twenty-fourth street,
spent less than one hour in the
county jail Tuesday, after he was
sentenced to 30 days by Police Judg.'
Foster for dlegcd advances towarj
a girl. Attendants at his mission
arranged for the appeal bond of $750.
South Side
Policeman Severely Hurt
By Fall From Automobile
Police officer Edward C. Peter
son, ridinR to his home on the run
ning board of a garage service car
yesterday morning, was thrown to
the street when the machine struck
a rut at Fortieth and Q streets. He
sustained a probable fracture of the
skull.-
Fined and Loses Car
H. T, Barnett, Grand Island, was
fined $100 and his car confiscated
in South Side police court yesterday
when he pleaded guilty to illegal
possession of intoxicating liquor.
I South Side Brevities
Burn Christopher. No clinkers; few
ashes. Pivonka Coal Co., MA. 0017. Adv.
Pleasure club will give a sapphire rlntr
and other presents at their dance Christ-'
mas nifrht, December 26. j Admission 60
cents. Adv.
I S. Ruhdin, charged wtlh seiliny se
curities without a state permit, was bound
over to tho district court yesterday from
South Side court under a 11,600 bond.
Now York Liberty Bond Prices.
Liberty bonds at noon: Stys, 91. 30:
first 4s. 96.00 bid; second 4s. 9b. 6; first
44s, 96.44;' second 4Vis, 95.82: third 4Vi,
87.12: fourth 4!4s. 96.J2; Victory e;-.j.
100.02; Victory 4s, 100.
Liberty bonds closed: 814s, 93.26; fir t
4s, 96.28 bid; second 4s, 95.66; first 4"s,
96.38; second 4s, 05.76 : third 414s, 97.00;
fourth 4V4s, 96.20; Victory 3Hs, 100.0:';
Victory 4?is, 100.02.
Bar Silver.
New York, Dec. 21. Bar Silver Foreign,
66c; Mexican dollars, 60140.
Linseed Oil.
Duluth. Dee. 21. Linseed on track,
$1.92 1.96 arrive, $1.92.
CALIFORNIA
BANK
Van Nuy, California, will send
you Los Angeles Valley News
free for three months. If inter
ested drop postal card or write.
MUNN ftuCO.
Tower Bulldtns. CHICAGO. ILL.
Scientific American Bids., WASHINGTON. D. C.
Woolworth Bulldlnt, NEW YOBK
Hohart Bids., SAN FRAJJCI8CO. CAL.
of Our Offices Located at
Geneva, Nebraska
Des Moines, Iowa
Milwaukee, Wis.
Hamburg, Ia.
Kansas City, Mo.
one of these branch
next graia shipment.
t( Write For Oar FREE IQOKt 0.
o