THE' BEE: OMAHA. FRIDAY. DECEMBER SO, 1921.
Big Savings Banks
(
Invest Millions
In Liberty Bonds
Conditions of Financial Insti
tutioni Far Better Today
Than W Looked for ;
' La.t Year.
By HOLLAND.
The president of one of the savings
lanki of New York city has bought
SJJ.OW.OOO. face vulue. ol Liberty
bonds and Victory notes. A consid
erable part of these government se
curities were purchased when the
market quotation for them was 86.
Today they are quoted at nearly par.
The profit to the bank which has
followed the appreciation in these se
curities reaches high in the
thousands of dollar. The president
of the bank was asked this morning
upon what he based his judgment
for continuing the purchase of Ihpe
bonds and notes although the niarRet
quotation for them was steadily fall
ing. He said in reply that he knew
that the day would come when these
notes would be redeemed by the gov
ernment at par and that meanwhile
the interest upon them would be paid
' upon the date designated in the se
curities. ' Therefore, it was not a
speculative transaction, but one based
upon certainty and in the interest
of the bank.
Whether other saving banks In Nw
Tork hav mutched or surpassed ths
purrheees of these securities which ths
president of one bank arknowledges is
tint known. But the nresuniiuitin Is that
nut any of theni hav surpassed, although!
some of them msy haw matched, this
purchase. This bank la not the largest
although It Is numbered In the list of
urn ciiy. it vnw in"" im
of 180,000,000 in deposits, whereas the
lesder baa somewhat In excess of 8200.
000,000 and one or two others have In
excess of 1100,000,000. One of the smaller
saving banks In New York recently de
clared a dividend ot 4 per cent. The
wonder was whether this established a
permanent and substantially unprecedent
ed policy, but the discovery was made
that the dividend was a apodal one, pos
sibly for the purpose of Tempting depos
its. Four per cent Is the standard divi
dend of the New York savings banks.
Banks steadily Improve.
Many persons have wondered why the
steady Improvement .of the banks In their
situation as compared witn a year ago
has not. been reflected fully In menu-
laciuro ana iraue, ji is irua met
nuary of last year progress mucs
limna Ul Ul inr nn uvtii Hiauo lit
M .h n. .t.h t flnan. a fnnri tlnn. in
bualnees. As, for Instance, the 12 feder
al reserve banks have. In the aggregate.
Increased their gold reserves by more
than 40 per cent, while on the other
and. discounts for member banks have
dropped 60 per cent, and there are near
ly JO per cent less federal reserve notes
in circulation than waa toe case a year
ago.
And yet manufacture and trade seem
not to have responded fully to the ex
, cellent banking conditions. It la true that
unemployment Is nnl so large as 'It was
a year ago, hut there la apprehension
that in the latter part of the' winter un
employment may Increase. On ths other
hand forecast was made In the spring of
last year that many who at one time
were earning goad wages would be In
auoh. distressing condition - that It might
be necessary to reea mem ana even ea
tabllsb soup kitchen upon a large scale.
No longer does this apprehension exist.
On the whole, the statement made at
the close of the year by the National
' Bank of Commerce in New York la re
garded as accurate. It Is said In that
statement that conditions In the United
States today Justify the belief that ths
year of It 11 win on the wnoie turnisn
more satisfactory' results to American
business and industry than were secured
In the present year, or at least In the
first half of the present year.
Ilepew Speeches Published.
Chauncey M. Depew has recently pub--iiahed
a volume which contains the ad-
dresses that he haB delivered since the
nnhllpi I Inn. ef til. " .nMohM w.r.
made, there being eight volume) of these
This latter work, however, has entailed
no more than careful editing and De
pew Is a punctilious editor, of his ad
dresses. But in February of this year
there Is to be published a volume con
taining some of the reminiscences of De.
pew. This represents congenial work:
which; has occupied him - In leisure mo
ments for some months. It IS first hand
work, not having involved the services
or any secretary. Much- of. the manu
script Is in Depew' handwriting, part
of It was the result of dictation. It con
tains some of ' the most Interesting of
the reminiscences with which Depew has
been accustomed to entertain friends who
have called upon him. But perhaps the
most remarkable feature associated with
this publication Is the fact that the
work waa written when he was 87 years
or age. - t
.Nevertheless, he must-recognise that an
other than he deserves the tribute which
ia paid to anyone who in venerable years
naa written and published a book; Mrs.
Candace Wheeler, who Is 95 years of age,
naa written and recently published an
elaborate work' Illustrating the art of
lace making.' Not satisfied with this
achievement, she Is now writing another
book. Although -she will be 96 when her
next book is published. Mrs. Wheelers
advanced age may Perhaps be better rea
lised when It Is known she is a grand
mother of Honry L. Stimaon, who served
in the cabinet of President Roosevelt
and who later was the republican candi-
date for governor of New York. ,
.
THE GUMPS
8EC IT IN COLORS
IN THS SUNDAY til
LOSTAN UNCLE
Drawn for The Bee by Sidney Smith
Ovyriglt. I til. Cftleage tribune Compass
JrW. i. BH.aU
Xlta Otf CkH WC AtVT NOW.
TCMPT.VTAD- NOO sVT 6vvt HIM
cusvmce to nrr hi voot tn
tvc movsh. too ravmE .
OH HIM- S&VtE nOKt H0MVT-
THAT MY TO 60 TO VM. HOU
Ht60XIATLON-
mm MOW- VOO COUtbNT HAVt
OHC MO BE K. Hlfc T VOU
tBt HVR tTT HlVtH- JUtT
Ilk tUNNINU MOW HI HOVtt
HM4l- ' JV9T UKfc VMsVLXlNCj
TVttDOCM VhK iTt H
POOH HOUVt-
tmitttv. 1 OOfTT HAVE.
TD STVN Hit NM.T8 - I'U.
NIVE PW TO WUV sVOJOH-
I MUCK XkMT TO Mt
t-Arc- trt TU-m VKMt AS UH6
Uiwv we VC CAM! WtO
OUK LIFE AH IU VrZT
mm
1 JM
i 1 --LM I
w RBI I
i i n i n i
am li-a it a .11
.ELL OHOIMUA- NOVTlt ttt V)R NVH-
JUtT U TXCHtNft THt U OH Y4 tOO.
HOUUftATX- LAVTWI 1Wa. IM IYIAT3
ALL- M0T 0? Ottl; GOMfHt, T CO Art HATJ,
THAT DVAM0H& WtM tVtN iHlJ YtOVWE.
C AMI Ttg.OM WAA- rAK. 6ATTV0t AH
0) HCT HM- OH TNATt Au 16at-
n
1 ma i
Market, Financial and Industrial News of the Day
Live Stock
Hereluts were:
Monday. Peo :6tll.
Official Tuesdsy . .
Official Wednesday,
Kstlmate Thursday.,
Pour days th s wk.
Heme last week ...12.011
Came t wks. ago ...1H,2fiS
Heme 3 wka. aau . . 1
8ame year ago 21,478
Holiday.
Omaha, December 29.
Cattle Hotrs 8hep
J. 774 l.llt
13.70V
4.S0O' n.ono
11.371 H6,564
3.4ti0
3.1,4:2
19.0DH
37,379
6.
7.714
,50t)
S0,0"0
4 1 .2-1 3
28, m
30,034
Receipts and dlsnoalllon of live stock a
the ITnlon atock yards. OmahH, Neb., for
34 hours ending at 3 p. m. December
1S21. ,
RECEIPTS CARS,
Horses si
Cattle Hogs Sh'p Mul-
Wabash R. R ; - 0- 1 ...
Mo. Pairii! Ry...... 3 3 2 ..,
I'nlon I'aciflc R. R. 25 38 It , ...
O, & N. W. Hy., east 6 , S . 1 ...
C. N. W. Ry., west . 31 80 - 7 I
C, 8t. P., M. & O.. It " 21 1
O., B. & Q. lty., east 4 3 ...
C. B. & Q., west.. 4S 17 8
t., R. 1. & P., east. 14 4 ...
C, R. I. & P., west. 2 1 1
Illinois Central Ry.. ... 1 ...
Total receipts ... 177 173 44 1
DISPOSITION HEAD.
Cattle
610
777
18
193 .
.'91 '
Chicago Uve Stock.
1 Chicago, Deo. !. Cattle Reeeiots 12
000; good ateers and yearlings, steady;
medium grades, slow to tie lower; top
f yearlings, f 10.00; top heavy steers, M.8S;
' bulk beef steers. S8.60.10; she-stock,
steady; light heifers, active; bulls mostly
veal calves. 35 60c higher; bulk to pack
ers. 1s.eug19.no; atockers and feeders,
steady. .4
Hogs Receipts S9.000; trade unevenly
2S40 cents lower than yesterday's aver
age; mostly 40c lower on all classes st
the close; top, IS. 16 for light weight; bulk
ISO to 200 pound averaare. S7.S0O7.85: 220
to 260 pound weights, $7.1&tj7.25: pigs
mna naCKlnc aradea zoe lower: bu m n as.
s.o; snippera iook aoouc jf.vuu, noia-
over liberal.
Sheep Receipts 15,000; fat and feeder
lambs, ateady; fat sheep 25c higher; fat
lamp top, in. 05; bulk, S11.2S11.05; top
yearlings. 110.25; fat ewe top, o.5; bulk
S4.00A5.50; feeder lamb top, at noon,
S10.60, some held higher.
Kansas City Live Stock.
Kansas City. De& 2S. (U. S. Bureau
cf Markets.) Cattle Receipts. 4,800 head;
beef steers, slow, mostly 1625o lower;
some 25o higher; top, heavies, SS.25: ear
ly sales, l5.86gf7.S0; bulls, mostly 10lSc
higher; bulk. IS.604ji4.O0; some heavy
butchers, 14.60; other classes uneven but
mostly steady; cows, 13.76a. to- best
cons, 14.7595.00: cutters. I2.!52 50;
most cutters, 3.00g3.60; practical top
on vealers, 14.50: medium to choice atock
ateers. 16.5598.60.
Hogs Receipts, 7,900 head; market,
uneven but generally 2 be blither; shippers
took all of the best ISO to 190-lb. hot, m
87J0J.7.SJ; bulk of sales, I7.25fli7.60:
packer top, 87.56: packing sows, 15.606'
75; pigs, 55c lower: top, 7.5(i.
Sheep Receipts. J.ese head: killing
r'i generally steady; ewes. St. 2F04.il
light fed yesrllng wethers, 11.60; let west
ern lambs, 111. at.
Sioux City TJt Stork.
Stout City, la., Dec. 29. Cattle Re
cetrts, 1.700 head; market steady, lc
lower: warmed up. 14.60 f7. 00; fat cows
ni nelfsrs, SJ.607.00: ranners. I!.00
3.00: vests, 13.600)8.25; feeders. I4.00A
": calves. I1.609S.2S; feeding cows and
e'l-rs, I2.600J4.6O: atockere, It.e09e.s0.
Hogs Receipts. T.S"0 head: lights mar
e. lie lower; light and butchers. U SSfr
' mixed. t 50JS.76: heavy. 15.6094.50;
bulk of sales. S.75e.a.
Sheep Receipts. S0 . head; market
ie4.
St. Joseph IJve Stork.
. Joseph. Dec. t. Cattle Receipts,
eJ2 market. lSfSS lower; steers.
"i.,M1,": cow "il heifers, 3.Se S;
c'. Il.00e7.00.
Hera Receipts. i:.e) bead: market.
!f:o. lower; top, 17.2; balk. 7.10
PheepRipt,, 4 IS bead: jitsrket,
adv; ,4rabi i.s8lLJj; u.io
ew Terk Try jeels.
ew Terk. Dee. 29. Cettoa roods were
a'-adirr today and. ;ims tended higher.
. '"e dress rods are being opeaed. Some
ess ef ererroatinra and so its were Knows
r?e falL Raw silk waa qaiet and firot.
laps wtrs steady..
Armour A Co
Cudnhy Packing Co.
Dold Packing Co..,
Morris Packing Co..
Swift & Co
J. W. Murphy
Swartz & Co...
Lincoln Parking Co.. 18
Wilson Packing Co... 28
Hlggina Packing Co.. 18
Hoffman Bros 31
Mayerowich A Vail... 13
Midwest Packing Co.. 1
P. O'Dea 2t
Omaha Packing Co.... S
So. Omaha Pkg. Co... 8
J H. Bulla 33
W. H. Cheek... ...... 8
E. a. Christie Son. 65
Dennis & Francis.... 11
John Harvey 435
Huntzlnger & Oliver.. 8
F. O. Kellogg. , , 41 -
J. IT. Lawrence ,? 26
Mo.-Kan. C. & C. Co., 10 ,
J. B. Root & Co 17
Rosenstock Bros. .... 200
Sullivan Bros 36
Werthetmer & Degen. 29
St. Louie Ind. Pkg..... ...
Ogden Packing Co.... 1015
Totals
...4044
Hogs Sheep
. 24C7 3074
1091 1 Sii
851
B83 1150
Ma9 33S2
2924 . ...
693
16
t - ' e
1578
259 1417
13491 1090
Cattle Receipts ' 4,300. Receipt's were
more liberal today and the quality of
the offerings better 'than for some time
past. Demand was not very urgent from
either local packers or shipping buys
and trade was slow with bids and sales
around 25c lower than Wedneaday. Best
of the beef steers sold around 7.60t
7.60 with medium to fair kinds at S6.00
8.50. Cow stuff was in limited supply
and not far from steady and the same
held true as to stockers feeders. On
killing; stock prices today looked pretty
much the lame as a week ago.
Quotations on Cattle Good to choice
beeves, l7.OOiS8.00; fair to good beeves,
16.00 6.90; common to fair beeves, 16.26
gj6.86: good to choice yearlings, S7.60
9.00; fair to good yearling, S6.00S7.?0:
common to fair yearlings, sb.oowo.ou;
good to choice heifers, S5.756.60; fair
to good neuers, M.'.tffD.t; cnoice 10
prime cows. 14 605.00; good to choice
cows. 4.OO4.60: fair to good cow?
$3.60S4.00; common, to-fair cows, 11.50
(S3. 26: erood to choice feeders, $5.90136.85;
fair to good feeders, 85.405.90; common
to fair feeders, H.76ffi'5.36; good to choice
stockers. J6.16S6.60; fair to good atock
ers. $5.606.00; common to fair stockers,
4.756.60; stock heifers. 14.005,00:
stock cows, I2.7693.S0; stock calves,
4.607.2S; veal calves, $4.508.60; bulls,
stags, etc., S3. 9093.50.
Hops Heceipts, I3,uu neaa.' une mar
ket was very slow to . open today with
early tradiutt confined to light lights and
lightweights lor snipper oemana, tnese
moved mostly st prices steady to 10c.
lower. After these had been disposed of,
the market had a tendency to weaken and
most sales were reported at prlcea 10($
15c lower. Light hogs sold from sa.sn,i)
7.10. with a top price of S7.25 paid for
one load of choice lights. Mixed loads.
$8.(9Q6.70 and packing grades from $5.25
W6.26. Bulk of sales was 6.7iWi.uv-HOGS.
No. Av. Sh. Pr. No. Av. Sh. Pr.
0..Z24 ... I 6 70 ,80.. 270 ... I I 76
73. .227 ... 6 85 ' .66.. 230 ... 6 90
77. .217 40 6 95 "77. .211 ... 7 00
84. .208 ... 7 06 '77. .178 70 ,7 10
Sheep Receipts. .500 head. The mar
ket opened today 15935c lower on fat
lambs and trading was fairly active at the
decline.' Bulk of sales came within the
range- of t0. 36 10.76 with some medium
quality selling around 110.00. There were
no feeder lambs received today and quota.
tions are unchanged at $9. 00$9 SO. One
small lot of yearlings sold for SS.00. Sheep
are ateady with quotations from 83.91! Q
4.60. ' '
Quotations on sheep and lambs: fat
lambs, good to choice. $10.36 10.76: fat
lambs, fair to good, S9.5010.2S; feeder
lambs, rood to choice, 8.760.&: feeder
lambs, fair to good, S7.508.&0; cull
lambs, 15.2606.25; fat yearlings, 5.00J
ss.60; tat wethers. S4.5oes.26: rat ewes.
83.004.60: feeder ewes, la. 60(93.60; cull
ewes, 81.0093.60.
BEEF STEERS.
Omaha Produce
Furnished by State of Nebraska, depart.
mont of agriculture, bureau of markets
and marketing:
LIVB POULTRY,
vVh'sale Wh.sale
Buying Belling
Price. Price,
Stags 10.17910.18 0.189I0.:0
Springs ..' ! .23 .22(d) .24
Hens, light .161 ..17 .180
Hens, heavy 200 .23 .24 26
Cocka 100 .12 ,14j
Ducks .109 .18 .209 .2
Oeese 14 .16 .200 .2
Turkey 309 .3
Stsgs .
Springs
Hena .
Cocks ,
Duoks ,
Geese .
Turkeys
DRESSED POULTRY".
,. 19 ..21
.20
. .209
.l.Hii
, .20(91
. .19W
. .36 (09
EGtSS.
. .16(8
. .43
. .51
.269
.23
.23
.14
.21
.22
.40
.21 0
.22if
.22(1
,11)1
.229
.22ft
.460
.46
.44
,33
.30
.509
.479
.35tf
.300
.30 0
.43 9
.429
.289
.240
Select i . . . .
No. 1
No. 2
Cracks
Errs, case count,
per case 11.00011.50
Storage
BUTTER.
Creamery, prints.
Crsamery, tub...
Country, beat 24
Country, common .210' ,
nunssw,
Station price- .... .309
HAT.
Prairie: No. 1 upland. 810.50011.00: No.
2 upland. 89.00010.00; No. 3 upland, S7.00
(as. 00: no. 1 midland. Jio.ouraiu.ou; ro. 2
midland. 18.5009.60; No 8 midland, 87.00
tt'S.ooi no. 1 owiana. ss.vuois.vu; no.
lowland. 87.0008.00.
Alfalfa: cno ca. iis.uugpis.uu; jno. 1,
I15.6016. 50; standard, 912.00916.00; No
S10.50ES11.50: NO. 3. SSI.OOO 10.00.
Straw: Oat. 18.0009.00; wheat. 17.000
s.uu.
Frulta Bananas: Per pound. Sc.
Oranrea: Sunklst and fancy. 200 and
larger, se.ou; sb.uu: zoo, to. on; jss-
824, 85.00. - oranges: cnoice. 178 and
larger, 85.50; 200-216, 86.00; 260-288-324
84.50. GraBe fruit: Dr. Phillips. 64-64-70-
80, 15.00; 46-36, 15.00: Gateway and others.
54-64-70-80. 14.60: 46-38-96. 14.00. APDI-S
Delicious, extra fancy. 64-72.88-100. 85.00;
choice. 100-113-126. 84.00: 136-150-163.
13.50: jenatunns. extra fancy. 160 and
larger. 83.50: extra fancy, 163 and smaller.
83.25; old fashioned winesaps, extra
fancy fall sizes). 83.50; choice (all sizes).
82.76; Staymen winesaps, extra fancy (all
sizes), 83.25: fancy (all sizes), 83.00;
choice (all sizes). 82.75: Ark Blacks.
choice (all sizes), 12.75; Ben Davis, choice
(all sizes). 82.76. Basket applea: Gano s,
50; staymen s. 83.60: o. winesaps.
75, Newtown Fippens: unoice an sizes
82.50: 25-box lnte.82.4C.
Vere tables cabbage: crate lots, 40:
smalt lota, rc. Onions: Sk. Red Gloves, 7c;
Sm. Crat, 8psnish, 83.75; Lge. Crt Spsn-
Isb, 88.00. Sweet potatoes: Crate., 83.25:
basket. 82.00: lots of S. 10c less. Pota
toes: Nebraska onlos, so: R. K. onios,
plain, 2c;.R. R, Ohlos. branded, 2 Vic;
bakers. Go. Celery: Crats., rough, 87.00:
Med. Jumbo, 31.25: Lge Jumbo, 81. 50:
Spec, 81.75. Lettuce: Brawleys. crats.,
85.00; Fullerton, Crts., 84.00; dozen, 82 (:
dozen leaf, 60c.
Green Vegetables Cauliflower; Per Crt.,
83.00. Cucumbers: Fancy, per dozen,
83.50. Roots: Parsnips-carrots, Sc. Ruta
baraa: 2Uc. Beets-turnips: Hie.
Wholesale prices of beef cut re a
follow: No. 1 ribs, 2H4c; No. 2, are;
No. 3, 17c; No. 1 loins, 24c; No. 3, 21cr
No. 3. 18c; No. 1 rounds, 14c; No. 2,
13c: No. 3, 11c; No. 1 chucks, 9c: No. 2,
8c: No. 3, 6V4c; No. 1 plates. So; No. 2,
714c; No. 3. 6V,e.
Miscellaneous Honey; Case. 24 frames.
86.00. Peanuts: No. 1 raw, 9Hc; roast,
12c: Jumbo, raw. 12c: roast. 16c: palL
salted. 13c; carton, salted. 12c. Cocoa
nuts: Sack lots. 16.60: dozen lots. 81.25.
Pates: 36 packages, 86.7S. Cider; Michigan,
Keg, si.ou.
New York Prodore.
New Tork, Dec. 29. Butter Easier;
creamery, higher than extras, 4Hji42c;
creamery, extras, 41c; creamery,, firsts,
3640c -
Eggs unsettled: fresh rathered extras.
firsts. 4950c; do firsts. 45048c.
Cheese Irregular, unchanged.
Poultry Live, firm: chickens, 26030c:
foivls. 2530c; roosters, 17c; turkeys, 88
5c: dressed, weak; old roosters. 16021c;
turkeys, 46 51c.
No. Av. Pr. No. Av. Pr.
7 654 I 6 00 22 1184 $ 6 15
23 1196 6 60 3 1030 75
20 .1336' 89 ' - S4.-....-.1226 - 7'0
19 1026 1 25 19 1252 7 35
18 141 7 60 18...:. .1438 7 CO
COWS.
T.....i 947 4 00 - 6......12CI -4 40
8 134S S 00
STOCKERS AND FEEDERS.
20 710 5 76
BULLS.
1......14SS 10 1 2050 ISO
CALVES.
10 16J 7 00 3 213 8 SO
Sew York Sugar.
New York. Dec. 29. The local market
for raw sugar was steady and unchanged
at ISc for Cuban, cost and freight, equal
to 93. 2s for centnrugai. wiin aaotuenai
sales of about -70.000 bags of old crop
Cubes to local and out-port reflnera re
ported at that level for January shipment.
mere waa also a sale of 19.009 bars of
old crop Cubas for January shipment for
Canada at l.ISf l.J2c. cost and freight.
.-ew i or, wnils a local operator paid
lc for 10.000 bars of new croD Cubas
for February ehloment. Tha committee.
made bo announcement, and their price was
unchanged at S He for Cubaa, cost and
freight, equal to 3. for centrifugal.
The raw sugars futures market waa
steadier and closing prices showed ad
vances of 1 to 4 points on covering end
trade buying, although there wss only
moderate business. January closed at
1.7; March. 12.09; May. 13.24; July.
New Vera Cerfre.
New York. Dec. 29. The market for
coffee futoree was very quiet tod sr. and
irregular fluctuations resulted from tha
execution of comparatively email ordera.
1 ns- market opened st an advance of 1 to
POtnte en a little scattered corerlnr
promoted by reperta of hlrh-r mil rets
price la Samoa, but eased off In the late
trading, owing te easier late rabies, with
May relllns- down from 89. to 8156.
The close was J to 7 point net lower.
Sales were estimated at about 9.00 bags.
Clcsing quotation? January .ec: Marrh.
g.TZc; May. t, ic; July. I (r: September.
S.62c; O-tober. S.vSc: Pf-ewhrr 8 a.
Spot Coffee Wt: Ria Ta. KOiit:
Santo 4a. 12U)i:vc.
Chicago Produce.
Chicago, Dec. 29. Butter Unsettled
creamery extras, 40c; firsts, 33V4 039c;
seconds, sogpazc: standards, sthc.
Eggs Lower Receipts. 6.868 rases
firsts. 41t4c: ordinary firsts. 36038c:
miscellaneous, 39040c; refrigerator firsts.
S5936C. '
Kansas City Prodo.ee,
Kansas City,' Dso, 29. Egg So lower
firsts. 39c; Seconds, 30c.
Butter Unchanged.
Poultry Firm. No change In prices.
Chicago Grain
linseed Oil.
Duluth." Dec 29. Linseed On
11.9902.02; arrive, 81.99.
track,
New York General. '
New York. Dec, 29. Wheat Spot, firm:
No, 2 red. 81.27; No. 2 hard. 81.26; No. 1
Manitoba, I1.30H. and No. 2 mixed dur
um. 81. lS'A c. i. t track. New York, to ar
rive. Corn Spot, firm; No. 2 yellow, 67c;
No. 2 white, 674c and No. 2 mixed,
66 Sic e. 1. f.. New York, ail rail.
Oats Spot, firm: No. 2 white. 48I4. -Lard
Easy: middle west, $9.3009.40.
- Other Articles Unchanged.
Turpentine and Rosin.
Savannah, Ga., Dec. 29. Turpentine
Firm; 75c; sales, 208 bbls. ; receipts, 280
bbls-; shipments, f bbls: stock. 13,767 bbls.
-. Rosin Firm; sales. 295 casks: receipts,
3.306 casks; shipments, 1 cask; stock,.
88.626 casks.
Quote; B. 83.95; D, E. F, G. $4.00; H,
84.02H: I, 84.(15: K, 84.R0; M. 15.20; N,
$5.40; W. G, $5.60; W, W. $5.95.
Foretga Exchange.
New Tork, Dec. 29. Foreign Exchange
Irregular.
Great Britain Demand, $4.!9i; eable3,
$4 20.
France Demand. .0801; cables, .080114.
Italy Demand, .0428: cables. .04214.
Belgium Demand. .0766: cables. .0766 14.
Germand Demand, .0054; cables, ,0064'A
Holland Demand, .365.
Norway Demand, .1690.
Sweden Demand. .2495.
Denmark Demand, .198S.
Swltserland Demand. .195.
Spain Demand. .1492.
Greece Demand. .0420.
Argentine Demand. .3569. -.,
Brasil Demand. .120.
Montreal .94 "i.
New Yerk Bonds.
The following quotatjona are furnished
by Logan Bryan. Peters Trust building:
Atch. Gen. 4s 8S 85
P. O. Gold 4s..... 76J 76S
Beth. StL Ref. ....'. 92 0 9s
Cent. Par. 1st 4s 7 0 77
a M. 81. p. Gen. 4Hs I4 0 6?i
C r N, w. Gen. 4s S3 9 8S
L. N. U. 4e 874 8814
New York Ry. 4s 2Se 27
Nor. Pa-. T. I 4s 84 85H
V. P. 1st 4s 844,9 87H
C. S. Steel ts 99140
V. P. 1st Ref. 4s 82 0 S3H
R P. Ct. Ss S54.fr B
5 P. Cr. 4 St 0 864
Pen a. Con. 4Hs tzi 94
Penn. Gen. S fH
C O. Con. 6 .844 0 S4
London Mewey
Tendon. "Pec 2. Ber Silver. 3td p-r
eunc-: nanr. 3H Per cent: discount
short eillsv 4 per cent; three month bills.
S per ce?t. ,
By CHARLES MICHAELS
Chicago Tribune-Omabg) Bee Leased Wire.
Chicago. Dec. 29. Prospects that
the government report of winter
wheat for the crop of 1922 would be
bullish more than offset the effect of
the bearish final returns for 1921
While there was a break of 3-4
1 l-2c early, offerings were readily
absorbed and a bulge of 22' 3-4o
from the low followed. The finish
was at net stains of 3-8 1 S-8c, with
July leading. Corn and oats showed
a strong undertone, iney cioseu
3-8c lower to 5-8c higher on corn
and l-2(5i7-8c higher on oats, while
rye trained 7-8lc,
Whi e the government s tinai re
turns 011 the old crop led to general
selling of May, there were strong
supporting orders in the hands or
commission houses at ana
under. Those absorbed the surplus,
Later reports from New York that
15,000,000 to , 18,000,000 bushels
wheat would be bought for Russia
were responsible for general buying
and the bulge to the high point. X ne
report was alternately denied and
confirmed. At the last the traders
still were in the dark as to what
would be done.
July Bought freely. .
! The traders expected that the govern
ment report on the new crop, issued after
the close, would be very Duinsn. iney
bought July freely. Thero also wss free
buying of July and selling of Jlay. A
leading commission house did the reverse
and also was a good buyer of Hay at
Minneapolis. Southwestern markets
showed relatively more strength than
Chicago, especially in December wheat
at Kansas City. That future gained 2 Vic.
A moderate export business isis put
through in wfreat a't the seaboard, but
thero waa no snap to the demand from
mills at the leading terminal markets.
Liverpool closed li42d lower on the
showing made by the government re
port. Buenos Aires opened . c higher,
presumably on reports of rains. Germany
W8s credited with having bought 2,000.
000 bushels plato wheat for March-April
shipment. I-fOcal milling sales were 8,000
bushels, with receipts 8 cars.
No attention was paid to the partial
moratorium declared 1 irr Italy or- to the
reports of a run on a New York bank
that acted aa. agent for an Italian tank
that failed to open its doors.
- Report Moderately Bullish.
The traders construed the government
report on corn and oats as moderately
bullish and there was free buying of fu
tures with commission houses heavy buy
ers at times, apparently to remove hedges
against shipping sales of cisl? grain to
seaboard exporters. Around 850,000 bush
els cash corn waa estimated to have been
bought in the west, partly to fill the
Russian relief order- for 2,100,000 bush
els, which was accepted on Wednesday-
offer The first cargo of corn will clear
from Baltimore Immediately.
Toward the last scattered selling found
the December poorly supported and made
a weak close, while the deferred dellv.
erics .were firm. There waa some foreign
demand other than the relief order, but
sales were not given. Country offerings
continue light on account of the reduc.
tiou in freight rates, which will go Into
effect after the turn of the year. Local
shipping sales ot corn were 180,000 bush
els, Including 100,000 , bushels to export
ers. Receipts, 141 cars!
A better commission house demand was
n evidence for oata and the finish was
firm. Winnipeg reported a keen demand,
although no export, .business developed.
Domestic shipping sales were 105,000
bushels, with receipts 61 cars.
Rye market.- dull, somewhat firmer in
sympathy with wheat. Export T)ids were
out ot line. Receipts, 1 car.
Tit Notes. . ':
Most wheat traders construed toth the
government's final crop report of 795.
000,000 bushels or 64,000,000 bushels more
than previously estimated and that giv
ing the condition for the area seeded for
next year's harvest a bearish. The lat
ter gives the condition as 76, the low
est for December on record, and Suggests
a crop of 637,000,000 bushels winter
wheat, compared with 751,000.000 bush
els indicated a year ago, estimated on
a par basis of 19 bushels. Allowing for
a toss 01 4.uvu,u'.i(i acres to next bar
vest, it suggests 690,000,000 bushels, com
pared with the revised returns of 687,.
OoO.OOO bushels last year. Acreage ia 44..
293,000, compared with 44.847.000 aeeded
last year. The condition compares with
87.9 last year and a 10-year average of
6V.
In discussing the final government fig.
urea, B, W. Snow says:
"One preliminary and four revised es
timates of 1919 winter wbeat acreage
with almost as many statement for 1920
and 1921, do not yet make clear tbe ba
sis on whlcn the Department of Agri
culture arrives at its present - firurea.
The census acreage for winter wheat in
1919 waa 49,898,000, while the depart.
ment a final estimate, up to the present
revision, was 49,105,000 or only 893,000
less. The present revision places the de
partment figurea for 1919 at 89,494,000,
or nearly .600,000.000 acres above the
census return. In 1920 the relatively small
difference between the census and tha
oepartment rigures lor 1919 la taken as
a reason for increasing the previous de
partment a final by a matter of 2.843.000
acre and for 1921 a similar revision
upon the census difference is offered as
tbe reason for an increase in the de
partment 1921 estimate of 3.981,000
acres, or nearly five times the difference
mat waa aeveiopea in 1919. The conclu
sion is unavoidable that the cenaus re.
vision ha been broadened to include
someining more man census differences.
Omaha Grain
The market continued dull. Only
SJ cars were reported in and ol
these, J3 were corn, buyers and
sellers were slow to get together on
wheat and corn. All ot the earlier
trading was in oats, which sold lree
ly at jc advance. Wheat was
strong, scoring a moderate advance.
Corn was not much changed. Rye
and Darley were nominal.
Thesu cash ea tea were reported;
WHEAT.
No. 2 bard winter: 1 car, $1,07,
Nu, il bald winter: 1 car, $1.06.
-Nu. 4 iiarii winter: 1 car tsuiutty),
41. in; 1 car, ti.ui.
' No, 6 bard winter: I car, $1.01,
No. 2 yellow, bard: i cars, $l.oi.
Baiuvlu uark. uurtbera spring; I car,
ItrostudJ, $1.07.
CORN.
No. 1 white: 2 vara, 40'c.
No, 2 whits: 2 cars, 4UMu.
No, 2 ysllow, vara, 40'ic,
No, 2 mixed: 1 car, 49Vc.
No. ii nuxeu: 1 cart dry), 89c.
UAXS.
No. 3 white: S cars, 20 'Ac. -
No. 4 white: 1 car, IIUVsc; 1 car, SO lie;
3 acrs, too.
VAiAHA RECEIPTS AND SHIPMENTS.
tCAULOVSJ
Week
AKJ
Is
nu
i
Yi
A0
4i
Receipts, Today
VV neat . . . 8
V'oru 3'4
uata Ill ,
KJ ,. .
orley ., ..
bmuments
W neat 6 , 20
Curn .106 43
oata
nyo ..
iJurley Ji-
fKlMARY RECEIPTS SlD SHIPMENTS,
IBUsntw.i
Receipt Today Week Ago iearAsu
tvneat ..... 34i,uuo tttb.uuu oni.uvu
corn l,4U9,uuu l.bVs.utiu 6110, uou
tyats 1711,0110 4i4,ouu asu.uuu
shipments
Wheat 289,000 411,000 632,000
Corn 084, DUO blO.OOU 343.UUU
Oat ....... DSU.OUU 471,000 a20,0V0
EXPORT CLEARANCES.
Today year Ago
Wheat and Flour ... bas.uuo J,376,uuu
corn 39,ouu 65,ouo
Oats 111,00(1 4,000
CHICAGO RECEIPTS.
Today Wk. Abo Yr. Aso
Wheat ............. 11 lu i7
Corn ..814 332 136
Oat , 94 . .14 ' . 46
KANSAS CITY RECEIPTS.
Today Wk. Ago Yr. Ago
Wheat 63 94 ' 129
Corn ,, , 17 it lt
Oats 6 6
ST. LOUIS RECEIPTS.
Today Wk. Ago Yr. Aro
Wheat ............. 25 411 'it
Corn 48 68 'M
Oats 9 - 26 . 24
NORTHWESTERN WHEAT RECEIPTS.
Today Wk, Ago Yr. Aao
Minneapolis ....... en 266 HO
uulutn 60 68 .1
Winnipeg. 386 524 562
CHICAGO CLOSING PRICES.
By Updike Grain Co. DO. 2627. Dec. 29,
Art. I Open. High. Low. Close. Yeat.
Foreign) Exchange Rates.
Followine; are today a ratea of exchange
as comparen witn me par valuation. Fur.
nisnea oy ,tne raters National bank
Austria ................
Belgium
Canada
Crecbo-Slovakia. ........
Denmark
England
France
Germany ...
Greece
Italy
JusrO'Slavia.
Norwsy
Poland
Sweden
Switzerland
Par
iuation. Todav.
.20 .000,
.198 .0775
1.00 .9476
.... .0146
.27 .2.
4.84 4 20
.193 .0l5
.238 .finA
.195 .0425
.195 .0446
.0042
.27 .16
.ni04
.27 .2450
.195 .1958
' Chicago) Mark.
The following auotatlona are furnished
by Logan A Bryan:
Armour Co., pfd
Armour Leather Co.. com....
Cudahy Packing Co.. com....
Continental Motors ..........
Llbby. McNeil Moby
Montgomery Ward Co. .......
National Leather ............
Swift A Co
Swift International
Inlon Carbide Carbon Co...
.. 92
.. 12-4
.. H
.. t
-
.. 14
.. m
.. s
.. 23
.. 44
C h teas rotate.
Chicago. Dec. s. Potato Firm: rs
eeipta. 27 cars; total V. 8. shipment. 37;
Northern White, sacked, 92 a4j2.2t tt;
Red Rivers. ea-k1. 9SSsl.9e rt:
Idaho nmtn. sacked, $2.4 cwt.; Minne
sota. 82 "9 cwt.
Wht.
Deo.
May
July
Ry
Dec.
May
Cora
Dec
Way
July
oat
Dec.
May
July
Pork
Jus.
Lard
an.
May
Ribs
Jan.
May
I I I I
l.tl 1.13HI 1.111,1 1.121 1.1214
I I.. I 1.12'.4l 1.12
1.161,1 1.17541 l.l4?il 1.171,1 1.161,
1.141 1 1 1.17141 1.16VJ
1.047,1 l.OI 1.04 v 1 1.07, 1.00
1.011
I,
I
.83
.90
.48 54
.641,
.64
66 li
.341,1
.38 14
.884
.395,
14.95
8.72
9.12
8.00
8.10
..I.
.85541
.9141
.481
5641
r
.3441
.39541
...... I.,
.40 51
1
.83 I
.8941
.481,!
.6441
I
.66 I
.3414'
.Vs'Y
1.0641 1.0614
L1.9S
8.75'
9.16
8.00
8.10
14.95
8.67
8.90
7.90
8.05
I
-8S14(
.8141
.48 541
.56 I
.654j
.5641
.3414
.391,
.39 94
.4054
114.95
8.67
9.10
7.90
8.06
.8414
.904
.4814
.64 14
.641,
.56
.3414
So 14
' '.Vs-','
14.95
-
8.77 .
9.17
8.02
8.16 '
Grata Export.
(Reported by U. S. Burcsu of Markets.)
(Wheat Inspected Out Under American
Grades Only. Doe Not Include Flour.)
Totals are In thousands ot bushels.
Week ending December 24, 1921:
Athletic Porta Boston, New York,
Philadelphia, Baltimore, Portland, Me.,
and Newport New Wheat, 1,164; corn,
1,470; barley, 6; rye, 323.
Qulf Ports New Orleans, Galveston,
Texas City and Port Arthur, Tex. Wheat,
608; corn, 662; oats, 21.
Pacific Porta Seattle, Tacoma, Astoria,
Portland and San Franetaco Wheat,
1,333; barley, 70.
Total Wheat, 3,007; corn, 2,032; oata,
21; barley, 75; rye, 823.
Previous week: Wheat, 2,787; corn,
3446; oats, 16; barley, 33; rye, 278.
Total July 1, 1930, to December 24,
1921: Wbeat, 132,153; corn, 18,365; oats,
535; barley, 17.019; rye. 6,211..
Minneapolis Grain.
Minneapolis, Dec. 29. Flour Un
changed. Bi an $22.00.
Wheat. Receipts, 83 car, compared
with 139 cars a year ago. Cash No. 1
northern, $1.284 0 1.334: December,
$1.2614; May, $1.234; July. $1.194.
Corn No. 3 yellow, 4040!4c.
Oats No. 3 white, 31!4314c.
Barley 3649c.
Rye No. 2, 79 14 80c. " '
Flax .No. 1. $1.9i2.02ti.
St. LouU.C.raln.
Bt. Loui. Dec. 29. Wheat December,
$1.1314; May, $1.U4.
Corn December. 4814c; May, 6:14 ff 64c.
oat December. 3t'.4c; Way. 4014c
Kansas City Grain.
Kansas City. Dec. 29 Wheel Decem
ber. $1.074; May, $1.094; July. $1.104,
Corn December, 42c; May, 4 14c; July,
4914c.
w York Money.
New York. Dec 29. Call Monv Firm:
high, i per cent; low, I per. cent; ruling
raie. per cent; closing bid, 4"4 per cert
otiered at a per cent; last loan, i per
cent
Time Loins Firm: 60 days. 60 5'i per
ceni; 19 aays. tes1, per cent; t months,
6'4 per cent,
-nm ..Mercantile Paper 6 0 514 per
cent.
Financial
By ALEXANDER DANA NOYES.
Chicago Trlbune-Omsha Bee Leased Wire
New York, Dec. 29. One matter
of interest in today s financial news
was the renewed advance in the re
serve ratio of the federal reserve
system., The change was less than
one-half of 1 per cent, but it was the
more noteworthy in that it occurred
notwithstanding; decrease of more
than $1,000,000. in the system's gold
reserve. ... ,
Rediscounts, however, were re
duced nearly $45,000,000, note cir
culation, $4,000,000, and ' reserves
field for member banks, $37,500,000.
With the beginning of the new
year we shall . have an interesting
test of the', banking situation. A
year ago the, rapid and continuous
rise in the reserve ratio began
promptly with January, reductioion
the ' system's loan account during
that month running to $350,000,000
and the note circulation beinar cut
down by $253,000,000. t
Stock Market Decline.
The day's stock market declined, with
numerous losses of one to two points and
with, tne rise ot ' the day before pretty
generally cancelled. The movement was
merely an alternate Swing of price under
the pressure of restless speculator. Prices
ot bonds were generally firm, though
with some irregularity. One curious meas
ure of the Investment situation was the
advance above par of the United Kingdom
6 54 per cents, due next November.
sterling recovered 14 a cent, but francs
and lire went lower, the weakness of
Italian exchange probably being attribut
able to the bank failure In Italy. Tne
acope of financial trouble Indicated by
that suspension was ' probably exaggerated
In today's dispatches, but It undoubtedly
reflects a strain on Italian credit, which
has for Home time been indicated by the
course of New York exchange on Rome.
British Loan Decrease.
Tn this week of 1920, preparing for ths
year-end settlements, the Bank of Eng
land Increased Its loans 37,800,000 pounds
ana the ratio of reserves to deposits fell
to 7 1-3 per cent, the lowest since the
old time London panic of 1866. Today's
weekly ' statement actually showed de
crease ot 15,800,000 pounds In losns and
19,600,000 pounds 1n deposits, with a re
sultant rise in the reserve percentage to
the highest figure since the middle of
November.' The percentage Is now. In
fact,1 only 2 per cent below the maximum
of 1921.
That this came past week should havs
brought Increase of 241,000.000 francs.
the French bank note currency, following
440.000.000 reduction in the preceding
fortnight, showed that in Frsnce the
year-end requirements are still consider
able. As for the German paper circula
tion, today' dispatches from Berlin re
ported Increase of 4,500,000.000 marks in
the third week of December, the largest
addition to the . currency made ' in any
week on record. r t
New York Quotations
F.ange of prices of the leading storks
furnished by Logan & Bryan, Fetor Trust
vuimin .
RA1L9.
Wed.
, L. . High. Low. Cloa. Close,
9"S 8114 824
m vino id 1
Canadian Pacific. .,121
N. Y. Central
Che. A Ohio
Kris R. R
Ot. No., pfd
Chi. Ot. Western.
Illinois Central ,.
Kan. City South. ,
Missouri Fsclflo
N. Y., N. II. &
No. I'aciflc Ry.
Chi. & N. W.,..
Penn. R. R
Reading Co
O., R. I. & P...
80. Paclflo Co..
80. Railway ...
C. M. A Ht. P.
Union Paclflo .
Wabash ,,
76
6514
104
76
6
96 S
234
17
H. 12'4
... 7S14
.. 624
.. 23
... 73S
.. 32i
.. 79 l
184
194
S4
1:014
74 4
66I4
1014
T.a
96 14
2314
17
12s
784
62-4
8214
7214
314
781,
18'4
184
944,
130
74
654
10 '
76
614,
9614
214
17
124
77 '4
614
3214
7214
81 i
78?4
18-4
1814
.126"4 1364 1264 136
i' J 67l Ji . 614
Am. Car A Fdry.,146 14614 146 146
Allls-Chalmers Mfg 88 .17 38 38U
Am. Loco. Co 108'4 1064 1074 107 H
Utd. Alloy Steel C. 25, 2514 25'4 264
J-aiuwill UVtO nit
Beth Steel Corp.. 58 ',4
Colo Fuel. Iron Co 26
Crucible Steel Co. 66
Am Steel Fdrys... 3414
Lackawanna Steel. 4614
Midvale Steel, Ord 27
Pressed Steel Csr 64
Rep Iron, Steel Co 62
Ry Steel Spring 93U
oiuw-cnet oil, iron
I'td States Steel.. 841 83U
veuauium oieei... ;z,4 32
COPPERS.
Anaconda Cop Mln 4914 4914
Am smit, Krg Co 4514
Chile Copper Co... 16
Chino Copper Co.. 28
Insplrat Cons Cop 4014
Kennecott Copper. 27
Miami Copper Co. 2714
Nev Cons Cop Co. 16
Ray Cona Cop Co 15 '4
Utah Copper Co... 631
INDUSTRIALS.
Am Beet Sug Co. 2914 2814
Atl, O & W I S 8 314 304
Am Internat Corp 4114 41
Am. Sum. Too...,. 34 ' 32 U
Am. lotion I'll.... zj k'l
97
67 -25
.
6614
334
454
264
6314
61 14
93
4414
1614
2714
40
2614
27 ,
144
: 144
624
974
57
23
634
Si
45 14 '
204
6314
61 14
984
'iiii'
32
4914
41H
1514
37 14
40
26 'i
2714 -'
144
144
624 ,
29 '4
304
'11
3314
21
36
12014
74 14
e
1014
76
6
96V4
234
17 '4
.1214
784
0314
3214
73
83
794
184
184
98
674
25
65 i
3 J '4
454
27
66 i
5314
93
394
84
3214
4Di
45
164
28 4
4014
27
3714
16
15i
61
28 14
33
42 4
32i
21
Am. Tel. & Tel.. .1144 1144 1144 1144
Bonds and Notes
Short Term Note and Bonds.
. ... Ap.
Bid Asked Yield
Am. T. & T. Co. 6s,. 1922. 100 10014 5.75
Am. T. & T, Co. 6s, 1924 994 100 6.00
Anaconda 7s, 1829 1004 1004 6.90
Armour 7s. 1930 .....10114 10. .14 6.75
Belgian Gov. 8. 1941..,. 106 10614 7.35
Belgian Gov. 7.VS, -14G..1044 11414. 7.06
Beth. Steel 7s, 1923 10014 1004 6.80
British 614s, 1922 -. 100 100'4 5.25
British 6Hs. 1029 98T4 9914 6.05
Can. No; 614s. 1946 10714 10814 6.85
C, B. & Q. Jt. 614s, 1936.108 1064 6.S5
Chile Ss. 1941 101 10P4 7.M
Denmark Ss, 1945 10714 10S14 -7.27
Du Pont 714s. 19S1 ,....10354 104 6.90
French Gov. 8s, 1946 ... 9914 10014 7.97
French Gov. 714s, 1941 .. 944 94'4 S.t'S
B. F. Goodrich 7, 1925.. 9614 964 8.10
Good. T. & R. 8s. 1941 ..110 11014 7.00
Great Northern 7s, 1936.107 107n 6 23
Jap. Gov. 1st 414s, 1925. 8614. 87 8.90
Jap. Gov. 4s, 1931 7314 1 8.15
Norway ss. 1940 109 109'A 7.0
N. W. B. T. Co. 7s. 1941.106 10714 6.30
N. Y. Cen. 7s, 1930 10514 106 6.12
Penn. R. R. Co.. 7s, 1930.105 10614 6.15
P. R. R. Co. 614s, 19S6..104 104 "4 6.05
S. W. B. T. Co. 7s. 1925.. 10014 1004 6.8S
Swift & Co. 7s, 1925 100 lOOVi 6 95
Swift & Co. 7s, 1931 10114 102 6.75
Swiss Gov. 8s. 1940 11214 114 6.65
U. S. Rubber 714s. 1930.. 104 1044 6.79
Vacuum Oil 7b. 1936 1064 1064 6.84
Western Un. 6'4s. 1936. .10614 107 6.80
West. Elec. 7s, 1931 ....106 10614 6 23
Uruguay 6s. 1946 103 10314 7 69
Brazil 8s, 1941 103 104 . 7 60
Am. Ag. Chem. Pr. 304 2914 2914
Bosch Magneto ... 86 34 '4 344
Cont. Can 48 , 4714 4714
Amer. Can Co 34. 3314 334
Chandler Motor ., 4914 ,4814 494
Central Leather .. 804 30 304
Cuba Cane Sugar, 714 714 74
Cal. Packing 694 6914 69t4
Corn Prod. Rfg... 964 9514 954
Nat. Enam 354 3414 S4
Famous Players ., 78'4 774 774
Fisk Rubber Co... 124 12'4 124
Gen. Electric 1894 13914 1394 13914
roi inonn. vre.. ss aig 61, 33
lien. Motors . . . . 1 0 9 14 9
Goodrich Co. 36 S6 36
Int. aHrvest ..... 83 8214 8214
Am. Klde-Leath. , 69 69 . 69
U. S. Ind. Alcohol 40 384 .19
Int. Nickel 1314 114 111
Int. Paper 6214 5114 614
Island Oil ......... 24 214 24
AJax Rubber ..... 17i 16S 1614
Kelly-Sprlngfleld . 4314 424 434
161.154 16.
30
3614
48
34
4914
304
7
704
964
S5'4
7811
124
lot
824
69 V,
394
124
61
294
1714
42
1614
15
6514
Keystone Tire
Int. M. M. com
Internat M M pfd 654 66 65
Mexican Pet'leum. 1144 J13 11.114 H4i
Middle State Oil. 13 1314 JH'A 13
uro kjii tu ..... js avq& iiVi
Wlllys-Overland 6 614 614
Pacific Oil 47 46 4614
Pan-Am Pet, Tran 63 62 52 '4
Pierce-Arrow Mot. 1414 18 134
Royal Dutch Co.. 60 60 . 60
U S Rubber Co.. 65 63 63
Am Sug Rfg Co-:. 63 624 634
Sinclair Oil, Rfg. 214 21 214
Sears-Roebuck Co. 61 59 60
Strombsrg Carb Co 37 36 36
Studebaker Corp.. 834 81 814
Tob Pdcts Co .... 63 ' 62 63
Trana-Con'tal Oil.. 11 . 11 11
Texas Co 46 46 43
U S Food Pr Corp 10 10 10
Union Carbide ... 44 44 44 .
W"hlte Motor Co.. 384 384 384
Wilson Co, Inc.. 284 28 28
West Alrbrske
Wesfgh's El, Mfg 61 604 61
Am Woolen Co... 80 80 80
Total hare sold, 791,200,
Money Close, 6 per cent; Wednesday's
close. 5 per cent.
Marks Close, ,0065; Wednesdsj" close.
.00624.
Sterling Close, 14.19; Wednesday'
close, 84.2014.
Chicago Poultry.
Chicago. Dec. 28 Poultry Afive. lower;
fowls. 1625c: springs, 231-2; turkeys,
40c; roosters, 16c.
38
6
47
63
14
60
64
1314
21
604
37
83
63
11
46
10
44
39
29
95
52
80
Winter Wheat
Below Average
Area Sown in grading Produc
ing Sevtioni Krported
Smaller Than Last Year. '
Washington, Dtc 29. While t
wheat wax sown this (all on a smaller
are by 500,000 acroi than a year ago,
the Department of Agriculture re
port today .howed. The condition of
the crop on Drcemhfr 1 alio wa
considerably below what it was a
year ago and below the 10-year av
erase by 13 point.
The area town to rye is one-fifth
larger this year than a year ago and
the condition of the crop better than
on December 1, lat year, and also
better than the 10-year average.
Kanta. largest grower of winter
wheat, with one-fourth of the coun
try's total area, has 100,0)0 acres lets
than a year ago, while the condition
of the crop in that state is only 60
per cent of normal, compared with a
condition of 88 per cent a year ago.
The winter wheat area and condi
tion on December 1 by important
producing states follow: - . -
Pennsylvania, 1,405,000 acres; con
dition, 95.
Ohio, 2,327,000 and 93. .
Indiana, 2,053,000 and 92. ,
Illinois, 2,775,000 and 93.
Michigan, 923,000 and 92.
Missouri. 3,058,000 and 87.
Nebraska, 3.954,000 and 80.
Kansas, 11,569,000 and 60.
Oklahoma 3,550,000 and 54.
Washington, 1,292,000 and 79.
Oregon. 894,000 and 92. .
Sears Roebuck Sell
Part of Real Estate
Chicago, Dec. 29. Scars Roebuck
& Co. tonight reported the sale to
Julius Rosenwald, president of the
company, of certain of its Chicago
real estate for $16,000,000 and the
gift of 50,000 shares of stock from
Mr. Rosenwald, thus permitting the
company "to go through, this period
of 'readjustment with its capital un
impaired and with a small surplus."
Mr. Rosenwald already has' made
the first Davment of 25 per cent, or
$4,000,000, on the real estate in cash
and Liberty bonds.
Mr. Rosen wald's gift to the com
pany of 50,000 shares of its com
mon capital sleek, having . a par
value of $5,000,000, is on condition
that the "said shares be not sold for
less than par and that he be given
the ootion. for a period of three
years, to - purchase these shares
from the company at par for cash.
w York Cotton.
- v l. 4ii Th pnllnn markA:
OW luin. vsw "
n,.i... .11.1 lul.v nrnnlli4a
conditions prevailing. Thero wa little or
no disposition to iilace new committ
ment. ' iwl
Trices were depressed nv ra 11 poims
. ..tt K nnanlnw , tl l.llt hllV.
ing power lster carried January to 18.90c
up nine points. In mldsesslon tradlne
was low. Throughout the afternoon )'
. , .a mi . .n ..Int. Th. rlnA-
Iiuciuaiea ii iw i ,,,.-. .
generally was steady, seven points lowet
on July 10 one miner vu i -,,.
XjOCSI BpOv fOllUll IIUITL, II.. M.v,,..a
vanca at 19.10a for middling upland..
South Side Brevitiet
Burn Christopher. No ellnker) 'few
..h. Pivnnki Coal Co.. MA. 0511. Adv.
ORIENT COAL? CERTAIKLT. MABKCT
0078. SOUTH OMAHA ICE COMPAIW.
Advertisement.
When in the market, call Market OWi
n order a ton of our Market lump coal
at 810.60. It's a good value. A. h.
BEROQUIST & SON. Advertiaeniont,
The Economy Chrlstma caving cmn
makes It so easy to save. Tha tmtii
.mount vou nay in weekly will fever on
missed by you. Do not put off Join ng
Live Stock .National ,
and N streets Advertisement. - : '
FREE
Handsome photos and com
plete map of Mexia Oil Field
showing all operations loca
tions1 of each company and
actual producers sent free on
request. We will also gladly
give full information on what
is really being done here.
Mexia Business League
31-32 Rosi Green Bldf.,
Dept. U Mexia, Tzaa
Protect Your Property
with Iron wire and steel
window and door guards,
bars, bolts and locks. .
Champion Iron ft Win Works
1505 Jackson St. Jackton ISM
London Stork Exchange.
London. Dec 19. The features in the
stock exchange trading today were an ad
vance in Russian speculative Issues and
continued strength In gilt-edged stocks.
The market otherwise waa quiet.
New Ywk Pried Trait.
New Tork. Dec, Si. ETacorated
plee Xomlnal.
rrunes Firm.
Apricots and Peaches 4jaleL
Raisins Easy.
Ap-
Br PAver.
New Torkjeriec 59. Foreign kar diver.
c; Mexican Jllars, Ic
Liberty Bond Price.
New Tork. Dec. 29. Liberty bonds at
noon jm. 94.70: first 4s. 97.10 tid; sec
nnd 4s. 90.80 bid; first 4Hs. 97.94; second
4s. 97.02: third 4s, 97.14: fourth 4Ks,
97.44; Victory 34, 100.04 bid; Victory
4s. 100.06.
Liherty bonds closed: 3'4s, 94.20; first
4s, 97.10 bid; second 4s. 96.80; first 4 Vis,
97.06; second 444s, 96.44; third 4s,
97.46; fourth 44s, 97.16; Victory 3r,
100.06; Victory 4j, 100.08.
New Yerk Carb Stock.
Boston Montana 90 9 89
Boston Wyoming 77 79
Cresson Gold SU42 12-16
consolidated copper 10 IS
Elk Basin 6V4 6H
Fedetal Oil 17-16 14
Glenrock Oil 1 g i 1-16
Mldwcat Refining Co......... t& 94
Mapulpa Oil SH SH
Slmma Petroleum 13'4 13
Tnnnpsh Divide 61 0 61
U. S. Steamship 19 0 14
U. 8. Retsil Candy 4 9 i
London.
pnt 66. S.
Electric 74.
Tin 170, 17,
Lead 24. 2.
Zinc 27. .
London Metsd.
Dec. 29. Standard
Copper
d.
64.
Omaha Bond Market.
Deo. 29, l;i.
170 Am. Smelt. Ttef. Ss S7Vie 7i
511 A. T. . F. 6s 91 H li
106 Armour 4 4 IT e S7H
6 B, A O. Ref. a T7H9 H
B. O. CW 4Ss 1t9 74
149 Csl. Gs Unl. Ss HSi 9"H
16 C W. ft. P. Cv. 4s.. 61 2'4
nr. M. Pt. p. Ref. 4Ss. l O to 4
ti C. R. T. P. Ref. 4.
3 D. R. O. Cr. 4
47 Gt. Nor. 4 U
SO III. Cent. Ret 4
It Mo. Par. Ref. Is, 1921..
I Mo. Par. Rf. Is. 1926..
IT Mo. Pse. 1st Ref. Se...
80 Rio Grand W 4
86 P'l. Sf. O-o. t
91 StL ft. PI. 4
86 Ml. h Sf. Adj.
S4 FL PC Ine. 6
ST "tl. A Se. Term S
163 Wilson A Co.
6J K. C ran. s
U C, O. W. 4a....
S S. A. L. Ref.
SI Colo. fiou. 44
11 C n. O. ts
114 I. R. T. Rf. la
1J Mud. 4k ilea 1st Ref. is.
Tl 0 75 S
Jlta 7J
88 4(0 8
814,0 83
970 I7S
l e ti
8440 86
7H T4'i
101 )1II
?140 T2,
84H0 US
72 0 72i
.. 94 0 t4
.. Il'i 81
.. 1H !
.. JIS0 It
.. I240 98
.. 140 84
HI Ilk
9 7ai I
GRAIN
WE solicit yoiu- consignments of all
kinds of grain to the Omaha,
Chicago, Milwaukee, Kansas City
and Sioux City markets.
W c Offer You tha Services of Our Offices Located at
Omaha, Nebraska
Lincoln, Nebraska
Hastings, Nebraska
Chicago, Illinois
Sioux City, Iowa
Holdred&re, Nebraska
Geneva, Nebraska
Des Moines, Iowa
Milwaukee, Wis.
Hamburg, Ia.
Kansas City, Mo.
Cet ia touch with om of Uiesa brnach
office with 4r aezt frtUa hipaiBt.
The Updike Grain Company
' "The Reliable Consignment Home'