Nebraska Newspapers

    ■
Peteet Pleased
With Gain Made
by Co-Operatives
I'arm Bureau Director Sees
Success for Wheat Growers
in Commodity Market
ing Plan.
Special Dispatch to The Omaha Bee.
Lincoln, July 29.—Walton Peteet
of Chicago, director of co-operative
marketing of the American Farm
Bureau federation, has returned from
a week’s trip through Nebraska un
d?r the auspices of the Nebraska
Farm Bureau federation, accompan
ied by C. B. Steward, secretary of
the state organization. Mr. Peteet ad
dressed meetings of farmers and busi
ness men and held marketing confer
ences with leaders at Lincoln. Be
atrice, Kearney, Odessa, Battle
Creek, Chadron and ScottsblufT. Be
fore leaving the state Mr. Peteet
said:
“After a week's visit to many sec
tions of Nebraska and conferences
with representative farmers, farm
leaders, agricultural college officials
end business men. I am convinced
that Nebraska is ready for a great
forward movement in co-operative
marketing. Everywhere I , found
recognition by farmers of the truth
that many of the ills from which
they are now suffering are economic
in character and can he cured only
by the application of economic reme
dies.
"I have found that Nebraska farm
ers are doing a lot of hard and clear
thinking about their problems and
that they are abreast of the times
in their readiness to accept and apply
the sound principles of true com
modity co-operative marketing in sell
ing their crops. They have learned
that neither the speculator nor the
small, isolated and detached co-opera
tive association can or will do all
that needs to be done for them. They
are asking why, if cotton farmers
in a dozen states can co-operatively
finance and market in an orderly way
their great staple crop, the grain
farmer cannot do the same with
grain?
"The alfalfa growers around Kear
ney and Odessa have asked the Ne
braska Farm Bureau federation to
work out a plan for marketing hay
r n a commodity basis and present
them to a district meeting to be held
in September.
"That potato growers in the Platte
valley around Scottsbluff and extend
ing over Into Wyoming, have asked
the state and national farm bureau
to aid them In organizing in line with
the national plan adopted by potato
growers from Maine to California.
“The sugar beet growers of Ne
braska snd Wyoming have asked the
American Farm bureau to call a
meeting of all the western beet grow
ing states parly this fall to consider
the application of the principles of
commodity marketing to their selling
problems.
“I am Impressed by the distinctly
friendly attitude of Nebraska busi
ness men towards this movement.
They, also, have been doing some
thinking and investigating and have
. found that wherever commodity mar
keting has been established it has
brought profit to business men as
well as to farmers."
Soybean Crop Extensive
in South Dakota County
Tyndall, S. D., July 29. — Bon
Homme county is carrying on an ex
tensive soybean growing project this
year, according to County Agent
Monroe, who is urging the growers
to produce more seed. All growers
of soybean are urged by the county
agent to use as much South Dakota
grown seed as could be obtained as
this kind is best suited to state con
ditions.
"The largest number of growers
are using Manchu,” Mr. Monroe said,
"but such kinds as Ito San, Man
churia. and Mandarin are also
planted. Tins selection of varieties
gives Bon Homme county an excel
lent. opportunity to study varieties
ond make some determination as to
those kinds best suited for the
country.
"The growing of soybeans fits in
well with the corn crop and hog
raising of the country and it also
helps to take care of the chinch bug
pest slnc4 these insects do not bother
the soybean crop.
State Irrigation Heads
Fix Convention Dates
Special Diapatrh to The Omaha Bee.
Bridgeport. Neb., July 29.—The
executive board of the Nebraska
State Irrigation asnoclatlon. In session
here laat week, fixed the dates of the
13th annual convention In Bridgeport
for August 21, 22 and 23.
Farmers Union Notes
“A ti'W epoch In grain marketing In
Nebraska la marked by the admission to
the Omaha Grain ex< hang© of the Na
tional Grain Oomml*sl#/i company, organ
ized and controlled by the State Farmer*
union,” ©aid George C. Johnmn, manager
of th« company. "For 20 >©ars and more
farmer* have been handling grain auc
f AHttfuily at the local station©. Now they
are going to try their hand in the termi
nal market* Mr. Johnaon ©aid that of
fice© had b*%n secured In th# Grain ex
chfliiga building and that the new com
pany would be ready for huatneaa Au
glJHt 1.
Hoard Hold© Meeting.
The regular quarterly meeting of the
board of director* of the Farmer* Union
State exchange w*a held July 26 and 27.
All of the member* of th« board were
present, consisting of John Hsvskost,
Hooper, president; L. Uaurltasn, West
Point, vie# president; E. M Pollard, Ne
hnwka. secretary; McCarthy, Omaha,
treasurer and manager; T. Henry FreAae,
Klgin; J M. Martin. Bt. Kdward, and
F. C. Schultz, Rockford.
BuMfies© Increase©.
Pennington—With a volume of bu*l
iicjjs aggregating 140,677 09 In the first
six month© of this year, the Farmer©
Union Co-Operative Merchantlle company
. h»»re showed an lucres*# of fl 1,247 74
over the corresponding period In 1922
- owing to narrow margins, net profit
amounted to only 1250 Th© company,
of which Jacob Bass is president and H.
O. Neumeycr manager, operate* an ele
- vator. handle* coal. And grind* feed
: Grain volume has been light and s
{urge proportion of the total husln#sa
ha. con.l.ted nf eele. nf
Most nf ihn rnrn that cornea In the ale
\ atnr l» aold In the *round form. f
Audit Show* rroflt.
St Kdwsrd—1Tot.I not ea.rnln«« smjun*
In* m $4.71 tt.ttl. i-nnalatln* of lt.ltl.il n
th* •levator department and $1.027.2» In
O* produce department, were al.nwn l.y
m,„ T.v,rni»ra 11-ion a-anrlatlon here In 'h
fia.nl year ending June I*. VoMitne In
„ it . m.I** aimuni* nKK",*«'ed $164,264 07,
a decrense of $a f.*s oo tomiiared with
venr t.efo.e The aaaoclnllotl handle*
grain. Ilveatook coat, ptoduce, flour and
IJ["i. An niidir ahnwa a verv alroSK
ft..,. ..rial rontllllon. furrant tlabllltlea are
!,„lv *«..4 17. will, current »"»l>,",!”r
#14 000 00 Reserves amount to f7.3S4.T».
In/aurpYu* to H.0TI.M. With Ajjf «!-uj
’ „f 12.1.600 00. th# present worth or
the saaoclstlon la ov#r liMOO 00 ,1. M
Martin I© president and in*nager of th#
livestock department, Allen J **
sscretsrf and accountant, and fSrsd Buck
la manager of lbs •Uvgtoft
1923 Is Good Year for
Lambs, Report Declares
By Associated Frees.
Lincoln, July 29.—The lamb crop
saved In the western range states
during the lambing season of 1923 Is
estimated at 77 per cent of the ewes
on hand January 1, 1923, according
to the division of crop and livestock
estimates of the United States De
partment of Agriculture. This esti
mate is based upon reports from state
representatives of the department in
all of these states, whose information
was derived from special Investiga
tions and from reports direct from
producers.
“Because of lack of comparable
data no exact comparison can be
made with last year's crop,” the re
port said. “However, in most of
these states all conditions were much
more favorable this year than last.
Kwes entered the winter in strong
condition, winter feed was ample and
winter weather not severe; weather
conditions during lambing was gen
erally very favorable with only a
few storms of short duration. While
grass was somewhat late in starting
this spring, ample moisture produced
abundant spring and summer range.
Losses of lambs have been light.’’
U. S. Is Fighting
Shipping Fever
To Vaccinate Cattle and Disin
fect Stockyards at Regu
lar Intervals.
Lincoln, July 29.—Arrangements
have been completed by the federal
bureau of animal Industry for vac
cination of cattle against hemorrhagic
septicemia or shipping fever, and
plane have been made to disinfect
regularly several of the smaller
stockyards In Nebraska, according to
Dr. C. H. Hays, local representative
of the bureau.
Arrangements for systematic disin
fection of smaller stockyards In Ne
braska have been made at Valley,
Fremont, Grand Island, North Platte,
Lincoln, Alliance and Long Pine.
Vaccine for hemorrhagic septicemia
produced iiC the laboratories of the
bureau of animal industry will be
furnished until the work is placed
upon a stable basis. At certain public
stockyards trained veterinarions are
to administer the treatment at actual
cost. Dr. Hays said, which It is esti
mated will be approximately 10 cents
a head exclusive of any charge the
stockyards company may make for
handling the cattle to and from the
vaccinating chutes.
Hemorrhagic septicemia. It was ex
plained, although it occasionally
manifests itself in cattle that have
not been away from tha home place.
Is most prevalent In animals that
have been shipped long distances,
especial]/ those that have been un
loaded enroute at feed, water and rest
stations or at public stockyards.
Nebraska Stock to Be on
Display at Missouri Fair
The stock which will assemble at
the cattle show of the Missouri state
fair at Sedalla, August 18 to 25, will
include the pick of America's beef
and dairy herds, according to the
promises held out by the entry list
to date.
The noted Holstein herd of the
Modern Woodmen of America will be
shipped from Woodmen. Colo., to com
pare its merits with Missouri stock,
and the Canadian government w.ll
Include the dominion's finest cattle
in the display It is preparing to send
to the fair. Iowa, Mississippi, Texas,
California, T'tah, Oklahoma, Nebras
ka and other states will also make
their contributions.
Yieltl in Platte County Low;
Farmers Stacking Wheat
Special Dispatch to The Omaha Her.
Columbus, Neb., July 28.—Wheat
yields In Platte county will average
only 12 to 15 bushels an acre, ac
cording to the T. B. Hord Grain com
pany, which reported that farmers
are marketing only 50 per cent of the
amount of wheat this year its last.
Farmers are stacking their wheat in
stead of threshing it. Some are said
to be planning to use It as hog feed
If the present price trend continues.
Railroad reports show exceedingly
light wheat shipments.
Four Passengers Injured
When Plane Falls 50 Feet
By Inivfrul Service.
Rockford. 111., July 28.—Four per
sons were hurt, one probably fatally,
when an alrplano In which they were
passengers crashed BO feet to the
ground this afternoon and bounded
Into a telephone pole.
William Brown has skull fractures
and his condition is critical. His son,
William, 12, has a broken arm and
cut on the Jaw. Clyde Morgan, Rock
ford, and Seth Morgan, Ottumwa,
la., brothers, were cut and bruised.
Tony Yackey, the pilot, escaped In
jury.
The big aircraft had Just tnken off
and narrowly missed a house when
It fell.
German Hank Closed.
Berlin, July 29.—The relchsbank st
Dortmund,, not having obeyed the or
der of the occupation authorities to
deliver 60,000,000,000 marks within
three days, the hank was closed. Two
directors and the cashier wrere ex
pelled from occupied territory.
Comhusker Notes
Alfalfa hay Is the richest protein
feed we raise, so we should save all
of It we can. There Is a right time
and a wrong time to mow the alfalfa,
and If you don't know when they are,
go to your old alfalfa neighbor. He
knowi* when.
When we catch a hen for the Sun
day dinner we don't cut her head off
until we have examined her closely
for signs of egg production. These
«lgns sre outstanding. If we don't
know them wr are spt to save the
loafers and eat the layers.
Tbs garden enthusiasm of the
early spring time Is passing, and the
brightly rolored seed catalog Is esaf
aside. But we should take ourselves
by the collars and force ourselves to
hoe weeds and stir I he soil for the
rske of our vegetarian hunger that
will com* Uto
L. _
Rough-Hewn Dorothy Canfield |
(Continued From Yeoterday.)
sijforsw.
Wall" Crlttrniten, typical Amcrlcat
youth, live* with Itia parents In Vnloi
Hill, n villa re near Nous York City. He l>
active In all kinds of outdoor sports and
at 22 Is graduated from Columbia uni
versity. In I’rsnce.fMsrite AUcn. about
Neale’s age, lives with her American par
ents In the home of Anna Ktrheegary s
French woman. Marine's father Is furelgr
business agent for an American firm
Jeanne Amlgorcna Is an old French scr
vnnt In the Allen family. Marisc studln
music and French and wins a prise In l
musical contest. Jler mother dies, leav
ing her alone with her father. NeaIr i
father Is considering a business trip fol
Ills firm to South America anil the Weal
Indlrs, Neale, since his graduation, ll
anxious to secure a job anil be self-sup
porting.
•‘I’ve traced a plank from the tree
to tidewater, ineh by inch, my note
book in my hand, wetting down every
sixteenth of a cent per board foot
that it cost til we sold it to the retail
dealer, watching it as if It were the
prince royal of a reigning house and
I the secret service man set to keep
track of him! I've covered reams of
paper figuring out the cost of the
office work of getting that plank sold
—extra office work, you know, not
ordinary overhead—and, by heck, I
don’t see how they've ever managed
to run their old business a minute,
the haphazard way they've been go
ing at it! Nobody knew anything,
not all of anything! I seem to have
been marking time, but just you wait
till I get out of the office and into
the real game. I know more about
some things than any of the buyers,
even the oldtimers.”
"Well, there must be a big profit in
business or they wouldn't be able to
conduct it that loose way,” said
Martha.
"Oh, tke profits are big, all right,”
Neale concurred. "Old man Gates
has more cash than he knows what
to do with. And not one of his grand
children amounts to a whoop. When
his son, the one who's our general
manager now, retires, there won't be
a Gates left in the Gates Humber
company.”
"They won't mind,” said Martha.
"You bet your life they won’t
mind,” said Neale. “Far from it!
Most likely they’ve hardly heard the
name of it. They’re nil living in Eu
rope now, buying villas and things
out of the money the company makes.
Our Mr. Gates never sees any of his
family except when he takes a vaca
tion and goes to Florence or England.
A11 they want out of the lumber busi
ness is a fat wad of easy money.”
' That's not right,” said Martha sud
denly. "That's not right."
“It's not right if getting something
for nothing is wrong,” Neale agreed
casually. “But what are you going to
do about it? There you are. That's
the way things go."
Martha made no answer. There
was a little silence. Then she said:
''All that account keeping, that detail
work—it doesn't seem so terribly in
teresting to me, Neale. Haven't you
found it awfully dull sometimes?''
Neale rolled over and sat up with
an effect of entering again Into ac
tive and energetic life. “Well. I might
have.” he said finally. "But you
know, Martha, that I have a special
reason for wanting to get on quick
in business, and I’ve been mighty
glad enough to grab hold of any end
that was handy.” He smiled at her
confidently. “All a fellow needs in
the business world is a crack in the
wall to get his toes into for a start.
I've got my crack. Now you just
watch me climb!”
It was perfectly understood between
them what he was climbing to reach.
CHAPTER XXXII.
Father had written from Caracas
that mother whs taking the next boat
back to New York because she need
ed a lot of dental work done and
hadn't any confidence In Venezuelan
dentists, hut when Neale met mother
at the dock she told him at once,
laughingly, that the dental work was
only an excuse, and that she had
come to have a visit with her son.
She had added with a whimsical de
fiance that, such being the fact, she
had no intention of putting up the
usual Crittenden bluff of something
different.
"I'm not a Crittenden.” she told
Neale gayly in the cab on the way to
the hotel, "though I married into the
family so young! And now that I've
worn a mantilla, w.lh a rose In my
hair, I'm not going to try any longer
to pretend that I am."
Neale looked at her. admiring her
now quite distlnguisl.od aYpearance,
hut feeling a little alarm at hpr tone.
She sounded almost disturbingly elec
tric.
"I've come up to have a real New
York spree with my big son and his
nice girl, now that he has conde
scended to let us know he has a nice
g.rl." she told him. her smiling eyes
at once tender and a little mocking.
"You can afford it. can't you, since
your last raise?"
"Oh, I i-an afford anything in rea
son."
"Your father says they tell him
you're getting on splendidly.” •
"They never let on as much to me,”
said Neale dryly, "though they are
treating me very white as to pay.”
They were at the hotel door now,
where mother made arrangements for
a stay of a month.
“Dental work takes so long." she
told Neale gravely In the elevator,
making him laugh outright. Hhe
looked very well pleased at this, and
after they were inside her room, stood
up on tiptoes and gave him another
kiss.
He had never entirely recovered
from his father's chance remark that
mother had been only 20 when she
married. Hhe must have been about
ns old ns he was now when he first
began lo remember her. Just a girl—
nnd she had seemed older to him then
than now
He told her this as he unstrapped
her valise. “You seem younger to me
every time I see you lots younger
now than when I was 6 or 7 years
old."
Hhe laughed out. "I was s child
myself when you were (1 or 7." HJn
turned grave for a moment. "If I
had you to bring up, now that I am a
really grown person with a personal
ily of my own and some experience
of the world, I'd do It very different
ly. I'd make a better Job of It.”
"You made a good enough Job,” he
protested mildly. "How can you look
at me nnd think you could have done
any better?"
Hhe atopped her unpacking to
laugh. "It Just spoils a person for
other forms of Joking to live with one
of you dry Crittendens Other pen
pie's humor seems so flamboyant. I
like the Crittendens " she pronounced
Judicially, "though I did waste about
20 years of my young Ufa trying to
make myself Into one. I'm glad
you're one. But It you try to make
Martha Into one—”
"Martha's one already,” he told her
triumphantly. "We're exactly alike
—the way ws think and do things.
That's why we get on so well to
gether.” At this Neale's mother
looked at him so hard thatrhe felt a
little annoyed, and turned* the talk
back to Its earlier channel.
‘‘How else would you have brought
me up. I'd like to know?”
“I'd have taken dynamite to you,”
she Informed him briskly.
“Dynamite?”
“Oh, you don't understand. And I
dare say It would have been too early
anyhow. You'll probably get your
share of dynamite when your turn
comes.” She changed the subject:
“How's business? Seriously!”
Seriously he told her of the results
of his promotion six months before
from the "Intelligence bureau,” as he
called lt^ to the real business of life,
to buying and selling. "The only real
money Is in that," he told her, warm
ing as he spoke. "All those other
Jobs, office Jobs, don’t lead you any
where. Buying and selling, especially
selling, that's where you get ahead.
I'm earning twice what I did, and by
this time next year I’ll be doing twice
what I’m doing now. I may soon be
able to do a little on the side, on my
own hook, pick up something good
and dispose of It well. Grandfather
is sure I can. He may have some
tips for me later on. Grandfather Is
a wise old scout."
Mother laid some underwear away
in a drawer. As she shut it, she
asked casually: “Do you read any
Emerson nowadays, Neale?"
How in the world did mother know
he had ever read Emerson? "No, I
(fcn't," he said.
She noted the shortness of his tone
with raised eyebrows, and began to
hang up her dresses in the closet.
One evening, Martha perched on
the arm of Neale’s chair, the quiet
air about them crackling and ting
ling with the high-tension current,
Martha caught and grasped a com
parison which had long been float
ing elusive In the back of her mind.
She jumped up and ran to the piano.
“Listen, It’s like this,” she told him,
and played with one hand, clear and
defiant and compelling, the call of the
young Siegfried. “That was how It
was in football. And now—"
She sat down before the piano, and,
stretching out both hands over the
keys, she filled the room with the
rich clamor of the same theme rein
forced by all the sumptuous strength
of harmony.
Neale sprang to his feet. “Tou
know what Siegfried went through
fire to find.” he cried, stooping to put
his Ups on Martha’s cheek. "All he
wanted was to get to Brunhllda. And
that's all I want, my Brunhllda! All
I want In the world!”
(Continued in The Morning tier.I
Former New York Woman
to Wed Russian Prince
Hr Culver**! Service.
Paris, July 29.—From a reliable
source comes the news that Mrs.
I.orimer Worden, formerly Mr*. Cut
ting of New York, will marry Prince
Scherbakow of Russia at the Russian
church in the Rue de Rue here on
Monday.
Mrs. Worden thus will become a
member of one of the highest Rus
| sian families. Prince Scherbakow be
ing related to the imperial Roman
off family.
Paris understands that their ro
mance has been of long duration, but
tew even among their most Intimate
fr.rnds guessed the secret. Only five
persons have been invited to the
ceremony which, at the request of the
prince, will be followed by the ritual
of the Russian orthodox church.
Police Seize Munition*.
Fljr I nltrraul Sertlce.
Vancouver. B. C.f July 29.—A mH*
ure of arms and ammunition, said by
the police to have been Intended for
Chinese revolutionists and bandits,
was made here at a hotiae occu
pied by a Chinese. About 100 auto
matic pistols and 15.000 rounds of
smmunltlon were seized by the Royal
Canadian Mounted police and an of
f.rer of the dominion cuatoms. The
occupant- of the house waa away
v hen the officers called.
Bank Clearing*.
B»nk clearing* In the fnlted Staten f„r
the week ending July !<l. a* reported by
telegraph to Bradatreet a Journal New
} aggregate $8,197 949.Oun. Hgmnat
$6,926,380,000 laat week and $6.584,|i3 OoO
In thia week laat year Canadian clear
ir:f" »21«.273fO00. a. against
J 2', 1.06 4.000 laat w eek aid 1210,360 006 In
t hi* week laat year Knowing are the
returna for th|a week and laat. with per
centagea of change ahnwn thia week aa
compared with thia week laat year:
.. _ . July 2* July 19
New York ...$3.418 000,000 $3,81 4,000,000
Chicago . 683.700.000 fin.700 000
Philadelphia 463.000,000 504.0«0 ->00
Boston . . . . 323,000,000 l7T.000.fOO
San Francisco 138 009,000 167.ooo.Ocq
Kansas City .. 129.144,000 136.480,000
Detroit . 1 41.343,000 1 42.009,000
Loa Angeles . 137.79f.noO 161.767.090
Cleveland ... 106.959.000 122.109.000
Mlnneapnlla . 62.387 000 71.194.000
Cincinnati ... 67.771.000 74,690,040
N’evv Orleans . 43.f24.000 43.296,000
ICchmond .... 41,062,004 4f.840.ooo
Atlanta . 43 930.000 44 366.OO0
Buffalo . 4 r. 992.000 60.132,000
Omaha . . 33.700.000 44.0f»o.OOft
Seattle .. .36.082.OO0 42,419.000
Portland, Ora. 34.285.000 39.4*7,«"'*
Milwaukee . . .32 ff.7.00ft .39.688,000
1 »en ver . 29.666,000 29.606.fto0
Dallas . 22.220.OOO 26.700,000
TjfUlavflie ... 27.172.000 30,990, non
Houston ..... 22.41 7,000 23.1.31 m*0
Birmingham . 21,936.000 21.269.'' »
Oklahoma ... 20.U43.OO0 24.41 2. '>00
Memphis .... 1 4.547.000 16,988,000
W'ton. r>. C. , 1 8.637,000 22,743.000
St Paul ... 14.686.000 21.947.000
Indianapolis . 19,ni 6,000 24.667.onn
Nashville .... 16.791.000 19 406.000
• ’olurnhua ... 14 631.000 1f,964.*»00
Oakland . - 14.193.000 17.908 000
Salt Lake City 1 2.480.00ft ..
Providence .. 10,38$,000 1 1.860 noo
Fort Worth .. 9 291.000 10 897.000
Wichita . 9.240.000 10.547,0"fi
Hue heat ar ... 9.090.009 10,397. ©oo
l»ea Moines .. 10,484.000 1 1 026.110©
Norfolk . 6.166.000 7.460090
<lal vest on ... 7.120.000 6.690.000
Akron . 10.801.600 7.738.000
Slou* City ... 6.304,000 f 076
St. Joseph ... 6.642,000 7.1 14,000
Plttaburgh ... 166.884.000 167.778.oon
Baltimore ... 83.600.000 101.407,oftfl
Newark. N. J. 16.121 00O 18.l9l.nflO
Spokane ... 9.197.000 1 1.4T7.OOQ
TOtSi. V n. 0.197 949.000 6,9?6.390.000
I
, *
Consignments
All Kinds of GRAIN
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a
The Business Barometer
This Week's Outlook in Commerce, Finance, Agriculture
and Industry Based on Current Developments.
fly THEODORE H. PRICK,
Editor Commerce nml Finance, New York.
Copyright, 1923.
The only sensational battenings of last
week were in Germany There was ^a
riot, with some fatalities, In Frank*fbrt
and a run on the Itelchhank at Berlin.
They were both due to the swindle of
which the German wage earnere arM the
victims through the depreciation of the
paper mark. More than 36 trillion marks
had been issued up to July 14 and they
have become practically worthless out
side of Germany, although they are still
being foisted upon the German people in
exchange for their labor and goods. They
are, however, being rapidly displaced by
other currencies. Some German Indus
trial snd commercial concerns are print
ing their own obligation* Which MUM as
money, and the American paper dollar Is
circulating freely, although Its use as a
medium of exchange Is nominally un
lawful.
America Encouraged.
But the chaotic conditions In Germany
have had no influence upon the Ameri
can markets except as they encourage
the hope that France will soon see the
futility of trying to make a debtor pay
by choking It to death. This hope of
a Franco-Anglo German agreement Is
somewhat quickened by cables from Lon
don and Paris which seem to indicate
that by his gentle firmness and per
sistence the British premier is gradual
ly convincing France that it* present
position is untenable.
An American can never be sure of his
way in following the tortuous paths of
European diplomacy, but some of the
bankers whose advices were alarming a
month ago arc now quite optimistic In
the belief that the foreign crisis which
threatens had been averted.
Conditions Are Matte.
Here In America conditions might be
described as static. The stock market
has been quiet, with a firm undertone,
and bonds are landing upward as the un
digested issues are being assimilated. The
indications are for higher prices when the
harvest season is over and the city vaca
tions are ended.
Kallroad earnings are excellent. The
autumn traff <• pr#misen to be enormous
The surplus oil production Is being taken
care „f and the only 1 ly in ?he ointment
is the price of wheat, which continues
to fluctuate around 11 and Is, to tell the
truth, remarkably steady when the wide
advertisement given to ths prospective
surplus Is considered.
But as against the unsatisfactory price
of w’heal there is to be noted the ad
vancing market for corn, which has sold
at 67 rents In Chicago. Oats and rye
are also higher, and as the wheat crop
represents less than a fourth of our grain
production it may be that In the gross
the farmers' returns will be less discour
aging than It Is the fashion to assume.
Discussing this phase of the matter,
the Breeders* Gazette points out that less
than 7 per cent of the value of farm
crops and livestock last year was rep
resented by the American wheat crop
and it argues that It is only among the
one-crop farmers who specialize in wheat
that tne much talked of decline will
cause distress. It declares with truth
that “America can never be made safe
for the one-crop farmer,” and adds that
“If the map of agriculture is red or revo
lutionary In spots In this country those
spots owe their color to the demonstra
ble uneoundness of the one-crop system.”
It concludes, that “So long ss mixed
farming, with its foundation based upon
Improved livestock, continues to increase,
as It has been rapidly Increasing In re
cent years, American agriculture cannot
be 'ruined* by unprofitable prices for
wheat.'*
New Cotton Day*.
New cotton crop had a sudden drop
when It rained in Texas and the premium
on July delivery evaporated, but there
was a prompt, though partial, recovery
and if the crop turns out as large as
some expect, 20 cents a pound will not
be an unprofitable once for it.
Sugar, coffee and the minor commodi
ties have not changed much, but the dis
tant coffee options are well bought when
ever they are under 7 cents, at which
figure they seem cheap.
There is talk of a rubber shortage In
tha remote future and the supply avail
able at or around 27 to 28 cents li being
absorbed.
Copper la firm at 14% centa, but ita
future dependn on Europe.
The Hteel industry is fully employed,
but is no longer abnormally pushed as it
aii last winter.
Wool Company Openlnc.
In the market for textile fabrics the
spring opening of the American Woolen
company was the event of the week
Trices averaged about 12 per cent above
those of six months ago and although
the sales were large, the buying is said
to have been deliberate.
In the cotton goods market buyers are
Waiting foi row cotton to find its level
and eom** more New England mills' have
gone on short time. But retail sales con
tinue ahead of last year and every one
agrees that stocks are small and must
bo soon replenished.
Th« market for silk fabrics is also
waiting for a stabilization of the raw
material which is somewhat lower. If
any one outside of Japan knows what
silk Is going to do he will not tell.
Hides and leather are two other com
modities which puzzle even tke wisest but
an overproduction of leather seems In
dubitably Indicated by the continued
sluggishness of the market for It.
Buyers Are Cautious.
Viewing the situation as a whole the
salient features are small stocks, a steady
consumptive demand for all necessary
staples and a feeling of caution among
distributors and manufacturers who still
fear that an acceleration of business
may bo in some way checked by the
powers who control the supply of credit
and are determined to prevent the infla
tion of which thev ar«> so apprehensive.
The result is that most business m*»n
are running at a moderate speed. They
fear to go faster ns they know that a
sudden application of the brakes might
damage the train but it mav be tftat they
will soon find themselves behind the cus
tomary schedule and that the.y will be
compelled to make better time or be
passed by their competitors because they
nave not got the goods their customers
demand.
Domestic conditions are certainly sounder
•than usual. Of course there are some
things that need correction. There al
{vays are But upon the whole the coun
ry Is in belter shape than for many
years at this season and with an abun
dance of credit and of work for those
who want to work, there is no visible rea
son whv we should not have prosperity.
The weekly statement of the Federal
Reserve system shows a gain of $1 4,000.
099 in gold. Th" reserve ratio has risen
to 7* 2 per cent. This compares with
76 j per cent for the previous week and
assures an abundant supply of credit dur
ing the harvest season The statement
is not otherwise slgn'fW ant.
Trade Review.
Figures are for the end of last week,
the previous week and last year
Bank clearings (Brads? reeta > in thou
sands. $6,197,949. $6,925.6*0. $6.5*4.373.
Business failures. 377. 326. 387.
Federal reserve ratio. 78 2 per cent,
76.5 per cent. 79 2 per cent.
Security prices. New York Stock ex
change:
Twenty Industrials. $91.06. 91 25. $96.36.
Twenty railroads $80 oo, $*0.05, $87 63.
Forty bonds $*7 16. $89 96. $50.34.
Commodity prices:
Wheat. July delivery, Chicago. 98c.
$1.01%. $111%.
Corn. July delivery. Chicago, 9$c,
$1.01%, $1.11%.
Tork. riba. July delivery, Chicago.
$5.40. $8.60. $107^
Beef, good dressed steers. Chicago,
$1* :n. $16.75. $14 50
Sugar, refined. New York. 8.35c, 8.75c.
6 90C.
Coffee, Rio No. 7, New York 10%c, 11c,
10c.
Cotton. middling. New York. 23.55c,
27.35c. 21.55c.
Print cloths. New York. 6%c. 6%c. €%c
Wool, domestic average. New York.
79.30c. «! 92r. 56c.
Silk .No. l fiinhlu. New York. $7 80.
$7 *0. $7.35.
Rubber, crude. plantation. New York.
27%<\ 26%.. 1 4 %c
Hides, packing No. l. New York. 15c.
14 %c. 17 %c
^ Iron, No. 2. Philadelphio. 26 56c. 28 26c.
Steel billets. Pittsburgh. 42 50c. 42 50c.
$ 5c.
_(Copyright 1923)
---!
Omaha Livestock
!i
Receipt* of c*ttl* end calve* thl« week
foot up approximately $1,(11 head, as
compared with an actual supply of 2*.
141 head last week and 25,6al head this
week a year ago.
Trade In beef steers has been charac
terized byj unevenness throughout the
weak. The first two days, sales showed
decided upturns, but these were mostly
wiped out by the drop recorded on Wed
nesday and Thursday, with Friday's light
run hailing the downturn most sales
reported a* fully steady with the level
of Thursday's market. Choice steers and
yearlings have predominated in the sup
ply and these are 16025c higher than
a week ago. A new top for the year.
611 30, was reached this week when a
load and a half of 1,239-pound • tears
• ashed at that figure, with long year
lings at 111 21 and choice yearlings turn
ing at the high point of 611 IB.
Common and medium steers and year
ling* have b**en in disfavor and sus- *
tair.ed losses from 16 0 25<\ with spots as
much as 50c lower. Bulk of steers, ail
weight*, sold from $»•25 ft 10.25. While
the bulk of the grass offering* *o far
have consisted largely of nati\e steer*
that have sold around the $7 00 mark,
there have been a fewr offerings of west
ern grassera that have sold around the
9H 0f) nt irk and above. Home of the
lighter fleshed offerings have come in
for competition from the feeder buyers
and thts has resulted in numerous sales
of these kinds at $' 50 as feeders.
Not Much Change.
Market for she kilting stock showed
little change, better grade* holding
aiound steady, with some of the thin
offerings displaying weakness iha»«
rows sold from 14.506 00. with heifers
showing t h» effec t of s grass diet up to
IT.Oii and a little above, dry lot • ows
from 95.6907.60 a few chob e offerings
noted up to IS.50. while heifers solck In
load lot* up to 19.50. with the bullr of
the she sto- k from feed iota from 65 25 0
9.60
Canner* and cutter# are steady, bulk
at 62 i«03 5u The bull mark«t showed
s'rcngth up t© and including Thursday's
market and advance* of a go«*d quarter
are reported • bulk selling at 64.7605.25.
with th* bulk of the beef bulls from
65 5006 50, a few offering* noted up to
$7.60. Market f»*r veals has been a d*
childly uneven affair with sale* looking
around 25c lower than a week ago. Bulk
of Bt I acted lights are now moving from
66.0006 60, practical top at $9 00. with
the bulk of the heavy calves from $( 760
' Receipt* of hog* this week hav* been
liberal. totaling approximately S2.600
haad. a* compared with an actual supply
of *2.96* head laat week and 72.914 head
received this week a year ago
Sharp fluctuations have featured tne
hog trade for the week The broad out
let for auppliea at the close of last week
waa in evidence at the opening of this
week. Liberal supplies on Tuesday and
Wednesday and the outlet limited to
local packer* resulted in sharp reaction
to prices Better undertone, noted the
balance of the week, has worked price*
as compared to a week ago. strong to 26c
higher, with butcher* showing most of
the advance Top Saturday wa* $7 60,
with bulk of the 2*0 to 325 pound but h
|ers selling at $7 00 to $7 40 Packing
sow* are clearing largely from 6» 00 to
$f, 40 Bulk of all sales range from $6 25
to 7.36. top. $7 60.
Receipts of sheep and lamb* thl* week
totaled approximately 60.000 head. a#
compared with an actual supply of 61.431
head iaat week and 53.462 head thl* week
a Mir ago
deneral trend to lamb price# since a
week ago ha# been downward, although
thera was a touch of strength Thursday,
lut on Friday weakness developed
cause for th. further decline from l**t
week I* traceable to liberal supplies and
» badly depressed dressed Iamb market.
Quality of the supply, which has consist
ed for the most part of offerings from
the western states, has been go >d and
choice, with the percentage :n feeder
flesh light.
I at mbs I/mer.
Compared with a week ago. Iambs are
quoted aa 50c to 75c lower, with the los
ing bulk of fat wea’ern lambs at $12.00
to $12 IS. latter price top. with natives
from $115" to $11 75. The fa't that
western feeding lambs are selling In al
most the same notches as fat lambs
makes the sort le*s important than for
merly. Yearling* worked lower, in sym
pathy with lambs, a f*w western range
yearlings selling at $10.00. but ncth.ng
of ' holes grade has been included, cheep
have i>een in smalt numbers and have
met with an urgent demand at ateady
to strong figures Choice fst wethers.
119-pound average, reached $*00. with
the bulk of light ewea $5 75 to $6.00; ex
treme top. $6 50. with heavy ewea mostly
$3 50 to S« 00
Inquiry for feeding lambs haa been
Just about even with the supply coming,
and there he* been very little fluctuation
to prices for the seven-day period A
spread of $12 00 to $12 2S has taken n
the choice sorted western feeding lambs,
weight* 55 to 69 pounds, while heavier
iambs, up to 70 pounds, have sold largely
from $11.50 to $12 00. with le*s attractive
qual.ty on down to $11.09. and a few
lots of native* Helling around the $7.90
mark and on d wn to $€ 00 and under.
Feeding sheep have been scarce and ex
tremes of quality have sold from $3 60
to $;■ 50. with yearling bleeding ewes
quoted at $9 09.
By Associated Tree*.
New York. July 29—With the exception
of railroad liens which eased In sympathy
wtth railroad stuck*, htgh grads invest
ment bonds held relatively firm in the
trading on lh** New York Stock exchange
during the past week. The lo*s in the
rail group whs not large Speculative
bunds moved largely with the Mocks
New bund offerings continued at a low
figure. the weeks issue* totaling only
$ 1 3.04 6,900. compared with lit'. 673, 900
th*- previous week. In at least one in
stance no bids were made on an offering
of municipal bunds investment bankers
asserting it was impossible to handle
su«-h issues at par or better, with a
coupon rate of only 4 ** per cent.
Offer i* Rejected
The bid of the National City company
for 29.00" 080 raid pesos of an suth«»rixe i
issue of $5.00".080 I 1 pesos was rejected
by the I'ruguay government. Several
other South Amen in issues »re under i
i.egotist on. including the Argentina
nan noo loan to refund Its sho^t term note*
of the same amount due in October, but
International barkers indicated further of
ferings would not ba presented until
market conditions have Improved
Rankers reported comparatively easy
money and there were persistent reports
iliat banking Institutions had switched
from short time Investments to long
lertn bond* Indicating they do not an
ticipate any immediate shortage of funds
Chief Offering* latM Week.
rhief offerings Ust week Include
$4."2".090, i ».. 15 vear, 6 per cent
i»<juipment bon Is of the Hocking Valiev
Railway rompnnv »* price* t« ».e’,i 6 4 5
per cent; f:\uw0 "90. l to 20-year. 4 '* per ■
rent forest bond* of Took county. till not a.
st price* to yield 4 25-50 per cant. $1.48".
600. 1 to 11 'ear. 4\ per cent 'undlng
bonds of NVaterbury. Conn at prices t«»
yield 4 36-40 per cent. »nd $1,615,0#$. 1
to .15 year. 4 per cent gold bonds of At
lantic City. N. J-. at prices to yield 4 50-69
per cent.
An ls*via of 12.019.088. 6 to 16 rear. 5*4
per rent. Wabaah railway equipment cer
tifirate* was sold privately subiect to the
ipprnval of the interstate commerce com
mission
New York and the East
by way of
Chicago - Detroit - Buffalo
Two iplendld Wabash train* leave Chicago—Dearborn Sta
tion—daily for New York via Detroit and Buffalo. They
•re "Number S” at 10:S0 a. m. and "Number 12" at 11:24
j>. m. All-»teel equipment and tha Wabash standard* of *er.
v:ra on dining rare maka theta two fine trains model* oi
somfort, **fety and convenienca.
Excursion Fares
▼is Wabash Railway
Bound trip excursion to Toronto, Ont.; Portland. Me.; Rut
land, Vt.; Montreal, Quebec and many other points are now
In effect via Chicago and tba Wabaeh Ry. U»e tha Wabanh
all-steel train* from Chicago and go hy way of Detroit and
If yea art planning a trip anywhere East, we
cordially Invlta you to writs, phona or call for
full information, tlckata and reservations.
H. C. Shields, Division Pass. Agent,
1909 Harney St., Omaha, Neb.
Ticket Office, 1419 Dodge St.
WABASH
Omaha Produce
Omaha, July 31
BUTTER
Creamery—Local loboing price to retail
er* Extras, 12c; extras, in 60-lb. tuba,
41c, standards. 41c, firsts. 39c.
Lalry—Buyers are paying 13c for
best table butter in roue or ttiba; 38c for
common; 27r for packing stock. For best
sweet, unsalttd butter some buyer* ate
bidding 33c.
BUTTERFAT.
For N. 1 cream tocai buyers are pay
ing 29c at country stations; 35c delivered
Omaha.
FRESH MILK.
>2 40 per cwt. for fresh milk testing 1.6
delivered on dairy platform, Omaha.
BOOS
Local buyers ar« paying around $8 10
per case f< r fresh eggs (new cases irv
■ luded > or. case count, loss off. delivered
Ornana. stale held i.gg* st nsarkei value.
Home buyers are quot*ng of. graded basis*
Fancy whites, 24c; select*. 23c; small and
dirty. 18c; cracks. I6e
Jobbing price to retailers: U. S. spe
cials, 30c; U. 8. extras, 26c; No. 1 small
22c; checks. 20c.
POULTRY.
Live—Heavy hens, l&c; light hens. 18c;
leghorns, about 6c less; broilers, over- 2
lbs. 32c per lb; 14-lb. to 2-lb., 28020c
per lb.; leghorn broilers aoout 6c less,
old rooster* and stags, 9c. spring ducka
'about 3 lbs. and feathered), 18020c per
lb.; old ducka, fat and full feathered. 10
015c; no culla. sick or crippled poultry
wanted.
Jobbing prices of dressed poultry to
retailers; broilers, 40042c; hen*. 25c;
roosters. 15017c. spring ducks, 30c; old
ducks (storage), 26c.
CHEESE.
Local Jobber* are selling American
cheese, fancy grade. at the following
prices; twins. 25c; single daisies. 264c;
double daisies, 25c; Young Americas.
2&4c; longhorns, 26 4c: squara prints.
2Tt\ chickens, 20c.
BEEF CUT*
The wholesale price* of beef cuts are
as follows: No. 1 ribs, 26c; No. 2 ribs,
24c; No. 3 ribs, 16c. No. 1 loins, 36c; No.
2, 34c; No. 3 loins. 19c. No. 1 rounds, 21c;
No 2 rounds. 20c; No. 3 rounds, 14c. No
1 chucks, 14 4c; No. 2 chucks, 14c; No. 3
chucks 9 4<-’. No. 1 plates. 7 4c; No. 2
plates, 7c; No. 3 plate*. 5 4c.
s*KFfSH KISH.
Omaha jobbera are aeiung at about the
following prices, f o. b. Omaha Fane*
whitefish 22c; lake trout. 26e; fancy sil
ver salmon. 22c; Alaska halibut, 28c;
northern bullheads, iumbo in <*an*. 25 to
35 lbs. 26c; channel catfish, steak. 30c:
ditto, fancy northern, it. S . 22c; Alaska
rid Chinook salmon. 28c; striped bass,
1H * •; yellow pike. fancy. 24c pickerel.
15c; roe shad. 28c; yellow (ring) perch,
20c; white perch. 12c: black cod, sable
fish steak, if any, 20c: smelt*. 18c;
flounders. 18c: cropplee. large. 24c; black
lass. 30c: red snapper, genuine from Gulf
of Mexico. 27c; Jumbo frogs, average 10
lbs., per dor.. 14.Co; peeled shrimp, gal
lon. 13.00.
FRUITS.
Apple*—California new. fancy, per box,
13.25; fancy Dutchess, bushel baskets, per
basket. $100.: Illinois, small varieties, per
bushel, $2.5002.75. Home grown, baskets,
12 00.
Cherries—Utah. Blnr per lug, 11.75;
home grown market basket, 11.55.
Bananas—Per lb.. 94c
Orange*—California Valentlaa, extra
fancy, per box according to a ze 15 000
6.00; choice. 25 0 50c less, according to
Si> e.
Lemons — California, axtra fancy. 108
to 360 sizes $9 50; choice 300 to 360
siz**. ffftO; lirne*. $2 00 per hundred
Grapefruit — Florida, fancy, all sites.
$4.500 5 50 per box: plain. $4.0004 50.
Peaches—Callfo'nla \el!nw free*. 18
lb box, per box, $1.25; southern ElbertaR
bush* basket. $4 00.
Ar.ricota—California « t»*We* rentes
24 lbs net per crate, 91.8502 00. Utah,
16-lb bags. 11.35.
Plums—California. 4-Latket crates, about
24 lbs . net per crate. $2 on
large red plurns. $2 Oft. Hants Rosa and
Wixon and Graviota f'allfornta blue
prunes. 4-basket crates. 12 00 per crate,
crate.
Pear*—Bartlett, per box fabout 50 lbs
net I. $3,000 3 25.
Grapes—Malaga, 24-!b 4 bask, erases,
$3 5n (for Thursday). Thompson seedless,
$2.50.
VEGETABLES
Watermelons—CrateC, about 8 melons.
per lb . 2U 0 3c.
T'jmat -e*—Southern fancy. six-basket
crates $4 25: cho: e $3 6ft per crate; home
grown, market basket. $1 5001.75.
Cantaloupes — California, standard*.
15 50; ponies. $4 50; flat*. $2ft0; Arkan
sas standard*. $4 50; flats, $175.
Hon*-> Lew Me. ont— 6-8-10, per crate,
13 f 0
Potato**—Mlnensota (netted gems).
81 2 5 per cmv.
New Potatoes—Southern. !n sacks. 24c
pe*- Iba ; home grown. 14 0 2c per lb.
Sweet Potatoes—New stock, per hang
per. 12 00.
New Roots—Turnip*, beet*, carrot*, per
ILsns—Home grown wax and green. !
market basket. 75c0$1.8O
Egg Plant—SeJec'e-1 per lb. 20C
Peppers—Green market basket. 98c
Lettuce—Wasn ngton end idano, (head,
market basket, so&t&c.
her house, leaf, per doz.. 35c.
Sweet Corn—15 0 20c per dozen.
Parsley—Home grown, per doz. bunches.
35--'|
Onion*—Waatern n*w dry, In sack*. rad
or yellow 4044c par lb.; home grown,
market basket, I4f “Ic*. horn* grown, do».
bunches 30c new Hpenish. cr*t*. 12 25
Cucumbers—Hot houaa market par boa
<2 dor > $1,50; outdoor, per market bas
ket. 76c.
< a Image—Horn# grown *4® 3c per ih.
Ceierv—Kalamazoo, dozen bunches, 7to
to $1.00.
TKKD
Omaha mill* ana jobber* *r# aelllng
their product* In carload lot* at the fol
lowing prices f. « b. Omaha: -
Brsn—-July delivery $20.00021 90
brown short#. $21.00. gray abort#. $27.00;
do*.), per crate. $4 00; per do*., $1 26;
middlings. $29.00; retiring. $32 60; alfal
fa meal, choice, old. $26.50; new. $24 60;
No. 1. old $24.00 new $22.60; No. 2. old
$2160; n**w. $2ono; linseed meal. July.
$46 fit): August. $46,60; cotton seed meal.
41 per cent. 34.54 f o. b. Texas com
mon point#;; hominy feed white
or yellow. $29 60; buttermilk, condensed.
10-bbl. lots, i.45c p**r b.: flake butter
milk. 600 :o 1,600 lb*. »c per lb.; egg
sheila, dried and ground. 100-lb. bags.
$25 00 per ton digester feeding tankage,
60 per cent. $50.90 nor too.
TVOOP
First patent. In 99.1b. bags. 96 2006 70
per bbl.; fancy clear. In 4<-!b. bag# $5.10
per bbl. Whit# or yellow cornmeal, per
'■art., $1 90. Quotation* are for pound
lota. f. o. b. Omaha
HAY
Prfces at which Omaha dealers are
selling in carload lota. L o. b. Omaha.
follow
Upland Prairie—No 1. $12 50011.80;
No. 2. $1.50011.00; No. 3. $7 *0®$ 00;
Midland Prairie. No. 1. $1150® 12 50; No.
2. $4.00010.00; No. 3 $6*O®9 00. Low
land I’rulrie, No. 1, $7.0004.00; No. 2,
$0.0007.00. Packing Hay, $6 0007 00.
Alfalfa—Choice. $ 17.0u n 1» • *. No. 1,
$15.00f/'16.00; standard. $13 oo 4/15.00; No.
2 $12.00013 90; No. 3. $9 09011.00.
Straw—Oat. *7.0006.00; wheat. $5000
7.00
HIDES. TALLOW. WO CL
Prices prini'-d below are on the basla
of buyers’ weights and selections, deliv
ered Omaha.
Hides—Current receipt hide#. No. 1. 8c;
No. 2. 7c; green hide#. No. 1, 6 4r: No.
2. 5 4c; bull#. No. 1, 6c; No. 2. 6c; brand
ed hides No. 1, 6c; glue hides. No. 1,
4 4c; calf. No. 1 10c; No. 2. $4^; kip.
No. 1. 9c; No 2, 7 4c: deacons, 60c each;
g!u# skin#. No 1. 34*’: horse hide*.
No. 1. $3.25; No. 2. $2.25; ponies and
glue#, 76c each; colts. 25c each; hog
skin#. 15c each; dry hide*, 13c per lb ;
dr salted. 10c per lb.; dry glue, 6c per
pound „ ..
Wool—Wool pelts. $1 25 01.50 for full
woo’ed skins: spring larnbs. 4*0 506 ac
cording to *lze and length of wool; clips,
no value: wool. 20® 35t per lb
Tallow and <»r»-a#*-—No 1 tallow. 84**:
B tallow. 4 4c; No 2 tallow. 4c A grease.
6 4r; li gr» aae. 4 4c; yeLlow grease, 4
brown grease. 3 4f : pork crackling#, $69
l er ton; beef cracklings, $30 per ton,
beeswax $20 per ton.
Financial
By BROADAX WALL
By InUeraal .Service.
New York. July 29 —This will ba an
important week for Wall street and will
undoubtedly furmah evidence aa to
whether securities are go ing down be
cause of apprehension o*er fundamental
conditions or simply a readjustment of
technical market conditions accelerated
by Abort aelllng.
The overbought condition of th# xto'-k
market which prevailed In March would
seem to have been corrected by the de
cline of the last four months #0 that tha
street and prospective buyers of stocks
will, in the future, direct more attention
to fundamental condition#.
On Tuesday of th:» week th# United
States Steel corpora* >n will, after the
close of the sto^k market, make known
it# earnings for the second quarter of
th* year.
Those Interested In the motor share#
•will direct rhe:r entire attention Tuesday
to the ar* on of Stud*baker directors who
are scheduled to meet and declare the
quarterly dividend.
The governments cr*p report on the
condition of cotton is also due for pub'.,
cat.on Tuesday. It la expected to make
a better showing than had been expected
a mon'h ag" Should these expert**Sor.s
i*e fulfilled the cotton market would be
expected to go lower, ow.r.g to the dui:
ne«# which preva is In the textile and
cotton goods markets and the poor de
mand for raw cotton In the south.
Turpentine and Rosin.
Savannah, Oa, July lv—Turpentine—
Firm. 92c; sales. 141 bbla.; receipts. '48
bbl*. ; shipments. 15 bb* , stock. 9 ; 4
bbls
Resin—Firm; sale*. 1.7*7 casks; re
ceipts, 2.28*-' ca*k«; shipments, 196 casks;
stock. E 3.679 cask? •
Vuot- B to M. $4 7504.*9; N, $4 >74 0
4 9" WQ, $5,4 A
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