8
THE OMAIIA SUNDAY BEE: JUNE 4 1911.
i
GRAIN AND PRODUCE MARKET
Balls Enthn.intio Over Heuian Fly
and Drouth.
HIGHER VALUES IN CORN, TOO
Whole Itaatlna la Cerer hr
Basse laflsjearrs Coaatry Deal
era Are Making Geaer-
on Kales.
OMAHA. June S. 1911.
I Bullish enthuslsam ruled the wheat mar
ket from the mart and reports cf damages
from hot. dry weather In the southwest
and danisms by Hessian fly In the districts
east of the Mississippi river carried the
market hlKher today. The advance for the
' week has been steady and pronounced.
I The eaine sentiment that has been ad-
; vanelne; wheat during the week has pre
dominated In the corn market and trlven
; rifsher values. The selllnaT bv the country
dealers has been very liberal a the ad
vance and cash prices are.
The bull market In wheat w of the
aenulne character today, early sellers on
yestcrdav's bulae were forced to cover.
' closing the market on the hlKh potnta of
the day. Csah wheat waa 4c hlghr.
Corn wan active with wheat and with any
1 continuance of the dry, hot weather prices
I are bound to advance. Cash corn Waa V4c
hl"her.
i Primary wheat receipts were S43.0HO bu.
' and shipments were S2.onu bu., against re
i relpts last year of 2S3.OU0 bu. and shipments
ol 31S.nno bu.
i Primary corn receipts were 851.000 bu. and
Shipments were 62S.onn bu., against receipts
! last vear ol 690,ono bu. and shipments of
i 817,000 bu.
I Clearances were 177.000 bu. of corn. 1.000
! bu. of oats and wheat and flour equal to
! 185 000 bu.
i Liverpool was closed owing: to the coro
! nation celebration.
i The following; cash sales were reported:
1 WHEAT-No. 2 hard: 2 cars. 88'c. No. 8
hard: 1 car, 87ic No. 4 hard: 1 car, Sfi'a.e.
No. 2 mixed: 1 car, aSVic. No. 3 mixed: 1
car, 8Sc.
CORN No. 2 white: 4 cars; 61c. No. S
white: 2 cars. 61c: 3 cars. 5n;c. No. 8 yel
low, 6 cars, Sofce; No. 3 yellow. 6 cars. 604o:
No. 4 yellow. 1 car, 49c; No. 3 mixed, 4
csrs, 60c; No. 2 mixed. 3 cars, Mc; 6 cars,
60n; No. 4 mixed, 1 car. 4(tv4c; 2 cars, 49 He
no grade. 1 car, 4fic; 1 car. 46Vc: 1 car, 44c.
OAT3 Standard. 1 car. 341ic: No. 3 white.
it cars, 34Ho; No. 4 white, 3 cars, 34c; No.
' A II M,.. , n 1
a yeuuw, m cars, A.yf ; no graue. t cure, oom,
Omaha Cask rrlcea.
WHEAT No. 2 hard, 8M(tlc; No. 8 hard,
87yvic; No. 4 hard, mtKTc rejected
hard, 74'viTs3o; No. 3 spring, KxicMc; No. 4
spring, 7Hc; No. 2 durum, 84VaSHo; No.
3 durum, x.tVtf:f Mc.
CORN No. 2 white. Wm,lc; No. 8 white,
ROVyfrMc; No. 4 white, fii4i60e; No. 3 color,
WVi4iMc: No. 2 yellow, MWMc;, No. 3
yellow, 0WtO4e; No.. 2. M"iS04c;' No. S.
4!rtu1c; No. 4 corn, 4944!c; no grade,
44$ 4(1 '4c
OATS No. 2, 8435c; standard. 84Hft
84,o; No. 3 white, 344'&34Hc; No. 4 white.
348340;. No. 3 yellow, 3434; No. 4 yel
low, 334133.
PARLEY No. 8. 82ffS6c: No. 4. 74ff84c; No
1 feed, 7(ifS4o; repected, M(fM9c.
RYE No. 2, 87038c ; No. 3. 8687c.
Carlot Receipts.
Wheat. Corn. Oats.
Chicago 24 442 227
Minneapolis 144 ... ...
Omaha 27 107 15
Iuluth 85 '
CHICAGO GRAI.V AND PROVISIONS
1 Features of the Trading: and Closing;
Prices on Board of ' Trade.
CHICAGO. June 8. With scorching heat
In Kansas and Nebraska and with hesX.n
fly damage spreading through Indiana, all
cereals today scored a sharp advance in
price. Wheat led the way and finished
strong to lSi"le higher than last night,
latest trading left corn Tko to lcgl4c up,
oats dearer by VSlc and provisions un
changed or costing the consumer 2V4fc5c
mors than before.
In i contrast with previous days, the
strengthening and expansion of the what
market was nearly uniform instead of
being confined to a single option. An
other noticeable feature waa the fact that
the damage reports from both Indiana and
the west were accompanied by orders to
l purchase wheat. Foreigners also were
active buyers In Chicago. A good deal
I of the time the market waa entirely bare
I of offerings and there was a constant
'bidding up of quotations. Cash wheat rose
) with the futures, the big owners going
sharfly after the carlot arrivals and pay
ling stiff rates for the privilege. For July
the top and bottom figures of the day
!were Xe and StlHe, with last sales 984c,
'a net gain of l4o.
Lightness of country sales had consider
able to do with the advance In corn. July
i ranged from 534SMc to 64c and closed
1 firm and Tlc up at 6440. Cash grades
were In fair demand. No. 2 yellow fin
ished at 66-ici6Kc.
, Complaints were numerous that oats had
been heading short In many parts of the
.leading states. Decreased acreage cut a
figure. July fluctuated between 36(Sr374c
jand S7V,c. cloning ftlc net higher at 87o
straight, almost the record price thus far
during the crop year.
; The provision market could not wholly
escape the bullish spirit of the neighbor
ing pits. Pork was chalked up a nickel
higher at the end of the day and there
were lesser gains put to the credit of lard
and ribs.
Prices In Chicago furnished by the Up
dike Oraln company. Telephone Douglas
2473, 708 Brandels Building, Omaha:
r
ArUcles.l Opeo. High.! Low. Close. Tes'y.
IVheat.
I
July...
Bept...
lec...
Corn
July...
Sept...
Dec...
Sept...
Lec....
Fork
July...
Sent...
Lard -
July...
Kept...
Ztlbn-
' July...
tept...
91Hf?T
MV44
I 93 91 4
HX 53T4irr6t
I 654 414
37 86.14
87 34
3J-4 374
14 r: 14 3
9314 91 S
92 80
654 ' 61
63to . 52
87 SUff'i
37 36
38 37
14 65 14 J
14 20 14 15
8 07 8 06
8 16 8 15
7 90 7 85
7 86 7 80
641'&ISI
iKV4
36fiU
14 72h
I
8 05
8 16
8 07V1 8 05
8 1741 8 15
T 90
7 85
7 90
7 85
T 30
Cash quotations were as follows:
KLOL'R Steady; wnter patents, $3.30
50; straights, $3.70J4.26; spring straights.
le:.l(V(H.i-; bakers, $3,405-4.50.
RYK No. 2, 2c.
BAULKY Feed or mixing, 60J70c; fair to
choice malting, 78880.
SKED Timothy. 12.00; clover, $15.75.
PROVISIONS Mt-as pork, per bbl., $14.87
i-16.00. Ijird, per 100 lbs., $8.02. short ribs,
ides, loose, $7.87Q8.J0; short clear sides,
boxed, $8.12ti.25. - .
Total cleurances of wheat and flour were
equal to- 189.000 bushels. Primary receipts
,w'er 343.0CO bushels, compared with 283.000
bushels the corresponding day a year ago.
Latlmated receipts for tomorrow: Wheat,
22 cars: corn, 410 cars; oats, 220 cars; hogs,
42,010 head.
chlcuKO Cash Piices-Wheat: No. 2 red
6o; No. i red, UKesw-c; 2 bard, We;
No. 3 hnrd, Hj94c; No. 1 northern spring
ll.OOMl. !; No. 2 northern pring, tic,(
$1 01; No. 3 spring, MiaKic. Corn: No. 2
cash. Wi'iMV; No. 3 cash, 64t64c; No
2 white, blVyaSc; No. 3 white, 64HfeS4c;
No. 2 yellow. 6a4i65c; No. 3 yellow. 64io.
Oats: No. 2 rush, 35c: No. 2 white, 3,t
tie: No. 3 white. 3(Sfi37c; No. 4 white, 36
3h4-; eianoara. jru,sc.
Ul'TTKU Weak; creameries, 17621c; dal
t ies, 15 Vu lc.
HOGS Weak; ncelpts. 14.464 cavei; a
mark, cans nchded. U4jllc; firsts, 13c
prime firsts. 14c
CHKK.-K steady; dairies, HMille;
twins. 10i.il lie; young Americas. ll(&lio;
long horns. llS'.fri llc. .
IKJTATOES Steady; choice to fancy.
Hew. i ii 1 01a. ,ismc.
HOl'LTUY Steady ; turkeys, live. 12;
fowls, live. l?Vo; epringa, dresaed. 22ii26c.
VEAL Stealyi to 10 Iba . 7fri7'-c; 60 to
fS lb . t"9c: :5 to 110 lbs , 10c.
Uacplpts T 'day Wh'ai. 24 car; c.-rn. 412
rats; oats, 22i car. - Estimated tomorrow
Wnat, 22 cars, c rn, 410 cars; oats, 220
cars.
g. tioala Geaeral Market.
BT. LOUIS. June 8.-WHEAT-Hlgher,
trsck No. 2 red, 'ti91c; No. 3 hard, 910
87c; July, 8fV: Septembt-r. 88V.fiS-j
CORN-Hlgher: track No. i. 6fa6c; No.
I white. u.ii:c; July, 54V'; Septeinler S5c.
OATS Higher: trark No. 2. 3c: J'o.
white. 38c; July. . 3o-ig36c; - September,
$bc.
RYE Unchanged. 96c.
KliOl'R Staaily; red winter patents. $4 36
170; extra fancy and straight, $3.604.10;
sard winter clears, $26iti3u.
8EF.I Timothy.- $i.wu"aO-
V tKN MEAL $4.50.
BRAN Weak; market easy; track, $1.06
tlM
HAT Market steady; timothy, $16,009
ft t: pralrla. $12 (HV'i 16 U.
PROVISIONS-Pork. unchanged; Jobbing.
Uula. Lard, unchanged; prime steam, $1.70
67 8ft. Pry salt meats, unchanged; feeveal
extra shorts, 88.12; clear ribs. 8.L2; ohort
clears, S .37. Macon, unchanged; boxed
extra shorts. 39.12; clear ribs, tw U; short
dears, $! 37.
POULTRY Ptesdy; chicken. loe;
springs. m24c; turkeys, L"Wc; ducks,
; geese, 6c.
1U TTKR Steady: creamery. 174S2c.
tXHiS Lftchanged. lie..
Receipts. Shipments.
Flour, bbls ,3io 8.000
Wheat, bu 32.000 23,000
Corn, bu luo.ono 41.W0
OiUa. bu 37.000 87.0W)
OMAIIA G.'ERAL MARKET.
BUTTER Creamery, No. 1 delivered t
tbe retail trade In i-lb. cartons. 23c; No.
8. In 30-1 h. tuba, 21c; No. 3, In 1-lb. cartons,
21c; packing stock, solid pack, 13o; dairy,
In 80-lb. tubs, lfcftliio; market changes every
Tuesday.
CHfcKSE Twins, 1416c; young Ameri
cas, 16c; daisies, 16c; triplets, 16c; Umberger,
18c; No. 1 brick, 16c; Imported bwlea, lie;
domestic Swiss, 22c; block Swiss, ISo.
POULTRY Dresaed broilers, under 3 lbs.,
36.00 per dos. ; hens' 14c;cocks, 10c; duckj,
18c; geese, 16c; turkeys, 24c; pigeons, per
dozen, fl.B); homer squabs, per dos.. Mm;
fancy squabs, per dos., 83.60; No. L pr
dos., 33.00. Alive: Broilers. 2uc; 1 to 1
lbs., and 1 to 3 lbs., 20o; smooth legs, lie;
hens, 10c; old roosters, Ac; old ducks, full
feathered, 13c; geese, full feathered, 6c:
turaeys, 12c; guinea fowls, 20o ach; pt
tons, per dos., '30c; homers, per dos.. 83.0u;
squabs. No. I, per dos., $L5o; No, 3, per dot..
60c; old turkeys, 14c.
FISH tall froscn)-Plckerel, 10c; white,
16c; pike. 14c; trout. 11c; large crapples.
64j20c; Spanish mackerel, 19c; eel, 18c; had
dock, 13c; flounders, 13c; green catfish, liio;
roe shad, 90c each; shad roe, per pair,
40c; frog legs, per dos., S5c&$3.u0; salmon,
loc; halibut. 8c; yellow percb, 8c; buffalo
8c; bullhead. 14c.
Beet Cuts r'o. 1 libs, IVttc; No. i. llc:
No. 3, 11c; No. 1 loin, 13c; No. 2. 12c;
No. 3, 12c; No. 1 chuck, 8c; No. 2, 6c; No.
3. 6c; No. 1 round. 10c; No. 2, 9c: No. 8,
8c; No. 1 plate. 5c; Co, S, S'4c; No. t, 6c.
FRUITS Bananas: Fancy select, per
bunch, 32 262.60; Jumbo, per bunch, 82.7.Vdi
3.75. Dates: Anchor brand, new, 30 1-lb.
Ekgs. In box, per box, 32.00. Lemons:
imoneira brand, extra fancy, 300-300 sizes,
per box, 36.50; Loma Llmoneira, fancy, 9"0
300 sizes, per box, 36.00; 240 and 420 sizes,
60c per box lexs; Cymbal brand, 3OO-3A0
sixes, per box, 85.75. Oranges: Camella
Redlands Valenclas, all sizes, per box 34.00;
fancy Valenclas, 80-96-126-150 and smaller
sizes, 8,1.75; California Jaffa oranges, 150
and smaller sizes, per box, 33.76. Pine
apples: Cuban, 24-30-K6 sizes, per crate,
33.90; 42-48 sizes, per crate, 32.75; Florida,
24-30-36 sizes, 33.2a. Strawberries: Home
grown, per 24-quart case, $3.00.
VEGETABLES Beans: String and wax,
per hamper, $2.60; per market basket, 90c3
31.00. Cabbage: Southern, new, per lb., 4c.
Cucumbers: Hot house, 1 and 3 dos. In
box, per box, $1.60; Texas, per bu. hamper,
$1.75. Egg plant: Fancy Florida, per doz.,
$16.0S2.00. Garlic: Extra fancy, white, per
lb., 12c. Lettuce: Extra fancy leaf, per
doz., 40c. RadlNhes: Per dos., 20c. Onions:
Texas Bermuda, white, per crate, $2.25;
yellow, per crate, $2.00. Parsley: Fancy
home-grown, per doz. bunches, 46c. .Pota
toes: Iowa and Wisconsin, white stock,
per bu., 80c; new stock. In sacks, per bu.,
$1.36. Tomatoes: Florida, per (-basket
crate, fancy, $400; choice, $3.60; Texas, per
4-basket crate, $2.00.
MISCELLANEOUS Almonds: California
soft shell, per lb., 18c; In sack lots, lc less,
Brazil nuts: Per lb., 13c; In sack; lota, lc
less. Filberts: Per lb., 14c; in sack lots,
lc less. Peanuts: Roasted, per lb., 8c;
raw, per lb., 6c. Pecans: Large, per lb.,
16c; in sack lots, lo less. Walnuts: Cali
fornia, per lb., 19c; In sack lots, lc less.
Honey: New, 24 frames, $3.75.
Corn and Wheat Resrlon Balletlai
Record for the twenty-four hours ending
at 8 a, m. Saturday, June 3, 1911:
OMAHA DISTRICT. '
Temp. Rain-
Stations. Max.
Ashland, Neb 98
Auburn, Neb 100
Columbus. Neb... 98
Fairbury, Neb.. .100
Fairmont,- Neb... 99
Gr. Island, Neb.. ..
Hartlngton, Neb. 91
Hastings. Neb.... 99
Holdrege. Neb... 98
Lincoln. Neb 100
No. Platte. Neb. 90
Oakdale, Neb 92
Omaha, Neb 98
iTekamah, Neb.. .100
Valentine, Neb.. 93
Rloux City, la... 94
Alta, la. 90
Carroll. Ia 94
Clarinda, Ia 98
61bley, la 87
Mln. fall. Sky.
68 .00 Clear
67 .00 Clear-
64 .00 Clear
64 .00 Clear
63 -.00 Cloudy
65 .14 Clear
64 .00 Pt. cloudy
63 .00 Cloudy
83 ' .08 Pt. cloudy
67 .00 Cloudy
60 .00 Cloudy
60 .03 ' Clear
73 .00 Pt. cloudy
.66 .10 Cloudy
64 .00 Clear
72 .00 Cloudy '
65 .00 Cloudy
65 .00 Clear
67 .00 Clear -
64 .00 . Clear
Minimum temperature for twelve-hour
period ending at 8 a, m.
DISTRICT AVERAGES.
. . No. of Temp.- Bain-
District. ' Stations. Max. Mln. fall.
Columbus. O. ' 17
Louisville, Ky 30
Indianapolis, Ind.. 11
Chicago, III 25
SL Louis, Mo 25
Des Moines, Ia.... 21
Minneapolis, Minn. 30
Kansas City, Mo.. 24
Omaha, Neb 18
84 . 62 .SO
88 60 .00
80 60 - .30
76 . 60 .60
90 66 .00
80 64 .00
78 68 .60
96 70 .60
96 66 .10
Unseasonably high temperatures pre
vailed during the last twenty-four hours
in Nebraska and Kansas, and very warm
weather was general throughout the south
ern portion of the corn and wheat region.
Temperatures were moderate In the north
ern portion. Good rains were quite gen
eral In the upper Mississippi valley and
lake region, and lighter and widely scat
tered showers occurred In other portions.
One inch or over of rain occurred at the
following stations: Mlnot. N. D., 1; St.
Paul, Minn.. 1.50; Campbell, Minn., 1.10;
Cedar Rapids, Ia., 1; .Ualva, 111., 1.20; Mil
waukee, Wis.. 1.10. L. A. WELSH.
Local Forecaster, Weather Bureau.
Kansas City Grata and Prortalons.
KANSAS CITY, Mo., June 8. WHEAT
One cent higher; No. 2 hard, SS'sfaifec; No.
3. 86i(Wc; No. 2 red. 8889c; No. 3, 8780c;
July, 86o, bid.
CORN-Market '84c higher; No. 2
mixed. 53s4j64c; No, $ mixed, 524j64c;
No. 3 white, 54 Sic ; No. 8 white, 63c; Sep
tember. Mifr64e.
OATS Unchanged to He higher: No. 2
white, 3S3c; No. 8 mixed, 33434c.
RYE S&fc'Wc.
BUTTEHi Creamery; 22c: firsts, 19c; sec
onds, 17c; packing slock, 15c.
EGGS Extras, 16c;. firsts, 13c; seconds,
8c.
HAT Strong to $1.26 hitrher; choice
timothy, $17. Own 18.00; choice prairie. $13.25iy)
14.00.
Receipts. Shipments.
Wheat, bu 18.000 47.000
Corn, bu 47,000 82,000
Oats, bu 7, WO 7,000
Minneapolis drain Market.
MINNEAPOLIS. June 3. WHEAT-July,
96-Ml74c; Septimber, 9339e: Decem
ber. 3. cash, No. 1 hard. Ji.u"; no. 1
northep-n, fS'icti'tl.Oft,; No. 3 northern, 95
e8c; No. 3 wheat, 93g96c.
SEED Flax. $2 26. , . .
BAHLEY-68&86c.
CORN No. 3 yellow, 51f?6Ie..
OAT8 No. 3 white, 353'35c.
. RYE -No. 2. 90c
BRAN $30.60(21.00.
FLOUR-Second patents. $4 &Mt 90: rst
Clears, $3.203.50; second clears, $2 30f 2.8t.
Peoria Market.
PEORIA. June 3. CORN Hleher : No. !
yellow, 63c; No. 3 yellow, 63c; No. 2
nilxed. 53 st; No. 4 mixed, olc; sample. 4c.
tlATK Higher; No. 2 white. 3iWicr- stan
dard, 8o; No. 3 white. 36c; No. 4 white.
SbC.
' Mtlwankee Grain Market.
MILWAUKEE. June 8,-WHEAT No. 1
northern, $1.01gl.02: No. 2 northern, 98c4
$1.00: July, 3c: September, 4c.
OATH Standard. 36'a7c
BARLEY Mailing. 76c.
rtulath Grain Market.
PULUTH. June I. WHEAT No. 1
northern. SPc; No. 2 northern. !j'tj 974-c
July. -tae bid; September, 9lSc
OATS 36c.
New York Money Market.
NEW YORK. June 8. MONEY On carl,
nominal; tima loan, firm; sixty days, 2ft
iwr v-vui. u (i v t-!u 1 it.p rent
six months. .'l't) 1 er cent.
PRIME MERCANTILE PAPER-3fl4
ir cent.
STERLING EXCHANGE Easy, with ae
tural buslneVs In bankers bills at $4 84 for
sixty-day bills snd st $4 8:-i4 a0 for de
mand Commercial bills, $4 83.
SILVER Bar, 5Sc: Mexican dollsra. 46c.
BONDS Govern meot. steady; railroad
irregular.
New York Cvrh Market.
The following quotations are turnlshei
bv Logan A Bryan, members New York
Stock exchange, 315 South Sixteenth street:
Amr Tvibarea 40 Oraaos Canaaaa.... T I II
hy am- Ou. ....... is liupiratioa
l)ui( CaaUlloa WS4 taroaa 414
t anua i iTaaa .xoa
rkiiM Nawkoma
TwvM-ruir ! twin rki r
Rlr I'euiral t Suparlor A Pitta...
Franklla 11 Ton.pak Mlniaf...
Ulroui 1 t'&Ued i.'oppar .....
77
1
Bflmoal 'a'H rtsrlk Laaa
Qvloiuld Fleraace... 1,
NEW YORK STOCKS AND BONDS
Maxket Beaches Buoyant Sue, Show-ing-
Good Advance Over Wee kAo.
NEW HIGH PRICES FOR THE YEAR
Placing; of the Hill lose on Northern
Pacific and Great Northern Is
Easy, Indicating Pnhlle Feels
Confident for Pntnre.
NEW YORK, June 8. (Rpeclsl Telegram.)
The week has brought a material enlarge
ment of Stock exchange business, but from
the point of view of the trading element,
which Is responsible for the most of it, the
period hss not been a very profitable one.
Professional Wall street badly misread the
situation whlchflt found on coming down
to business after the Memorial day holiday.
Preparations had been made for an enthu
siastic response to the tobacco decision,
slmalar to that which had greeted the
Standard Oil verdict.
The essential point which over-sanguine
speculators had overlooked, was, of course,
that the Wall street position itself was-far
less strong than it had been the week be
fore. The Standard Oil decision was handed
down at a time when the market had care
fully prepared for a shock. There waa a
short Interest of respectable dimensions
outstanding and stocks were for the most
part concentrated in powerful hands.
At the beginning of the current week, on
the other hand, these technical conditions
had become considerably weskened. both
by the retirement very extensively of con
tracts for the fall and by the entrance into
the market of a large number of petty
speculstors for the rise. It Is the consensus
or opinion now among Close ooservers 01
the trading that Wednesday's price move
ment was nothing more or less than a well
laid, well executed plan to get rid of an
undesirable following, and at the same
time to replace to advantage stocks which
had been sold the previous week.
Jast a Paaslngr Che-k.
This maneuver was helped by two col
lateral incidents, either of which would
have been calculated to exercise an un
settling effect. One was the declaration of
an "open market" In the steel trade, which
was what waa meant bv the announce
ment that the other steel manufacturers
would meet the cuts In prices initiated Dy
the Republic Iron company. The other was
the - extraordinary collapse 01 American
Tobacco shares In the curb dealings. That
these occurrences temporarily should give
sentiment a shock was intelligible enough
more soberly viewed as they were later In
the week, tney could not be presumed to
exert more than a passing check.
The stock market finally fell Into line
with the improved sentiment, and reached
a buoyant -stage, with prices showing an
average advance of over 8 points, com
pared with a week ago, and with many
new high prices for the year. Some favor
able developments of a direct beating
stimulated the rising trend. Pome of
these were the progress made by Pennsyl
vania, New York Central and other lead
ing systems in readjusting their ration of
operating expenses to gross revenue on a
more economical basts, thereby bringing
about net gains for April, a condition In
marked contrast to that of previous
months. .
The record mortgage of 8600,000,000 filed
by the Great Northern was another mat
ter that exercised a potent influence, as
It waa regarded as an expression of con
fidence in the future by such an experi
enced railway magnate as James J. Hill.
The ease with which $30,000,000 of this new
mortgage was placed reflected a revived
Investment demand for bonds following
closely upon over-subscriptions to the Oregon-Washington
Navigation railway loan
here, and abroad, and .the marketing of
$20,000,000 Missouri, Kansas & Texas bonds
in Paris.
Mammary of Events.
It is now generally oonoeded that ?V
Panama canal loan will be a complete suc
cess, and such -an outcome would, help
sentiment. London discounts are down
to 2 per cent and money Is extremely eiiy
at Paris, thus the situation abroad is Qj,e
favorable tor the absorption, of AneAui
bonds.
The domestlo situation la also favorable.
The aftermath of the reduction In prices
of Steel was quite different from that of
1909. ' Then - there was a great rush for
business on the present steel mills and the
result was considerable ' demoralization,
from which the trade did not recover for
several months.
Now. nothing Ilka this is apparent, ami
the orderly manner In which price reduc
tions are Deing conducted has Inspired suf
ficient confidence to bring in numerous
Inquiries from consumers, and it is esti
mated the various mills are working on
the basis of an increase In output of 6 to
10 per cent over the recent low level.
Although such general business as Is now
being conducted throughout the country re
flects a continuance of marked conservat
ism, merchants and manufacturers are
now taking a more hopeful view as to the
future.
The crop outlook as a whole can still be
called favorable.
Stocks continued their upyard way at
the opening of the stock market this morn.
Ing and after many new high levels were
rached, due to pool operations and con
siderable commission house buying for the
long account, they sold off rapidly during
the final hours under heavy realizing sales.
The final quotations, however, were frac
tionally above those of last night.
On the early upward movement, St.
Paul showed considerable vigor, advancing
to 128-va new high price for the year. Union
Pacific. Atchison and nearly all the other
railroad Issues scored substantial gains.
United States steel advanced more than
a point and many specialties rose 1 to 2
points. The scarcity of supply was a factor
In sending prices higher. On the late re
cession Northern Pacific and Great North
ern were supplied more freely and St. Paul
receded a point from its high level; but of
all . the active Issues American Telephone
and Canadian Pacific alone displayed
heaviness.
American Tobacco, on the curb, continued
weak and declined almost to the low point
of the week, after a moderate advance.
The tobacco bonds were active In the
bond department. It was rumored that
some of them would be retired. The
activity in bonds continued In today's
trading. The weekly statement of the as
sociated banks of the city shows a sub
stantial Increase In loans for the first
time in a number or weeks.
Number of sales and leading quotations
on mocks were as 101 lows:
Sales. HUh. Low. Cloak.
Allia-CSialniers pM
Amalgamated Copper ..,
Amcricaa AsTleultunU
Amarlcaa 'Beat Sugar....!
Amerlcaa fen ...'.,
American C. A T
Amerlcaa Cotton Oil
American H AL pld...
Am. lua Securities
American !.tnae4
American Locomettve ....
Aiuerloan 8. A K....1...,
Am. S A R. pit
Am., Steel Foundries ,
Am. Bugar Refining ,
American T. 4k T
American ' Tabacoo pM...,
American Woolen ,
Anaeoaas Mining Cb ....
Auhlaoo
Atchison ptd
Atlantic. Coast Una
Baltimore A Oblo
Selhlehem Bteel ,
Pruoktra Rapid Tr
lanadua Pactnc
Central leather
Central Leather ptd
Orntrel- of New Jersey..
Ceeapeako A Ohio
Chicago A Alton
rtiicago o. w., new.....
C. O. W. pfd
Chicago A N. W
C. M. A 8t. P ,
C. C, C A St. L
Colorado V. A I
Colorado A Southern.....
Conaolldaled llaa ,
Corn Products
Delaware A Httdenn
Denver A flto OrauUe. ...
D. A R. 0. ptd
Distillers' securities
Brie
Krle 1st pfd
Erie 2d Did
General fclectrto
Great Northern pfd
emu Northern Ore ctts.
Illinois Central
lnlerborough Met
12
47
48
I too
too
Line
100
X)
K0
IK
714
is
M
it
47
ll
IJk
7
M
11
MS
51 "4
13
1114
t
34
11
11
41
Ot
4.4(H)
41
41
o '4
107
1
1
to '4
700 107
107
41
lot . 41
110
11
2,100 UO 14t4 149 "4
100 n 17 17
404 lv
K0 40
It.MO lit
44
4
lf
11&4
S8'4
114
104
lot i ut'4
128 '4
107H
loiu in
100 S3
.100 !
o
l.r.OO 117 244
1.100 11 IIS, 11
100 10 loi 10314
100 26 1U t0
41
14
148
in
44
14
44
115
15
171
11
70
144
US
43
43
111
134
42
HO14
II
2
14i
17
11
41
1
47
Int. Met ptd
Intemeitousl Harvester
Int. aUslne pfd
international Peper
Internstlnal Pump
Iowa Central
Ksnaaa City Southern...
K. C. 80. pfd
Laclede Gaa
Louisville A Nashville..
Miaa A 8t Louis
M . St. P A . 8 14...
St . K A T
M . K. A T . ptd
Mluonii Pacific
National Meruit
Nstlonal Lai
N R. B of M M pfd..
New York Central
N T. O A W
Norfolk A Weetern
Nortk Amerlcaa
Northern Pacltla
Paclfle Mall
Peanevlvanla
People's Gas
p , C. C. St. L
Pittsburg Coal
Pressed (teal Car
Pullmaa Palace Car .....
Railway Steal Carina...,
1,700 105 104 10f.
1.M0 lilt 140fc 160
13
100 111
KW 1W
111
w4
"
aV
in'4
471a
It
114
MS
MO
1.400
47
t"4
M0 IT MV,
11014 10 i
S4
4144
4144,
4s) 101 ' 107
tuo 744, t4
107 4,
764,
l.UW IfeV
1M4 U4H
4l r744
17V- 1714
4.0UO 114 U4Vt Ut'4
44
700
40j
U
11
1.400 44 16
1,400 "it", ii"
l'O 41 44
4110 ltt 144
11.100 ut in
-L400 '4
"'700 lis', iii
100 !ft
i'2... 172
"int 70 70
400 17 14 4
25.ISO0 21 114
l.WU :.3 42
1100 44 42
l,-;no 164 14
t.noo iu4 114
704 41 41
100 141 141
100 It It
l.to 11 11
f00 K4 4 124
X II II
" ioo 'u
to 1714 H
saint 44 fmt . 11 lte ia4
Repuhllo Steel I0V4
Republic Steel pfd. ......... f M 4 tat
Hock .sllnd Co 1.100 13 44 11
Rock Island Co pfd ....... 1.1'0 at 44 44
St. U A S. r M pfd I.tta) 47 44 es
St. Lou It . W H
St. L. 8 W. pfd 4
Sloaa-Shaffleld 8. at I lot 44 10 II
Southern Pacific. 11.100 121 12" l?1
Southern hallway 1.700 30' ?9
80. Ksllwa.r pfd Km ! t t
Tennessee Copper i.fo 40 10
Teiss A Pscific 1,400 21 Is l
T., 8t: L. A W 100 12 12 11
T , St. L. A W, pfd 100 M M 40
I'nlon Paclfle 4.lon 17 1 1
t'nton Paclfle pfd ton t IS
lolled States Realtr 104 7t 7 71
t'nlted Statea Runner....... 100 41 41 41
rnltd States Bteel Tl.Tno 7 77 7
V. 8. Steel pfd l orn llt 11 lit
Ctah Copper 1.700 47 47 47
Va. -Carolina Chemical .... 1,100 ( 11 l
Wahaeh 400 17 17 ' 17
Wanash pfd ' 400 41 St M
Western Maryland lot 11 1 41
Westlnghnute Klectrlo lino 7 71 . 71
Western I'nlon 1,100 II 11 11
Wheeling A L. E 4
Lehigh Valley I.joo in, 1714 17
Total sales for the day, 171,104 sharea. I
learlna llonse Ban It Statement,
NEW YORK. June J.-The statement of
clearing house banks for the week (five
days) shows that the banks hold $.T7,249.3ft)
more than -tbe requirements of the 26 per
cent reserve rule. This Is a decrease of
J,0P7,2f. In the proportionate cash reserve
as compared with last week. The state
ment follows:
DAILY AVERAGE
Decrease.
81S.II7.2I0
6,338.010
931.R00
7,811,300
49,000
7.209,900
1.827.SJ6
8.097.625
Ixans
Specie
Iegal 1 tenders
Deposits
Circulation
Reserve
Reserve required..
Surplus
.$U45.6M.70
. 311. 220.200
. 74.98H.0OO
. 1,896,827.400
tS.R.IO.flOO
. 8Sn.2OS.200
. 34X.9n6.S60
87,249,350
U. 8. deposits Inc.
87.249.S50
9,097,625
ACTUAL, CONDITION.
Decrease.
Loans $1,344,820,400 fl2.601,2n0
Specie .. 310,020,700 8.414,600
I-egal tenders 74,196.600 2.R73.7O0
Deposits 1,392,816,300 6.766,700
Circulation 46.861,900 7,900
Reserve 3X4.217.300 6,2SfkS00
Reserve required 848,204.076 1,6M,M)
Surplus 36,013,225 7,9T7,2:2
U. 8. deposits Ino. 1,673,000 18,200
Decrease. i
Summary of state banks and trust com
panies In Greater New York not reporting
to the New York clearing house:
Decrease
Loans
Species
Legal tenders ...
Total deposits ..
.$1,213,528,400 $4,617,900
. 124,721. S00 196,800
19,169,100 1R1.TO0
. 1.844,266,300 222,000
Local Beearitlea.
Quotations furnished by Bums, Brink er A
Co., 449 New Omaha National bank build
ing: . .Bid. Asked.
Amal. Copper, two-year notes 4 p, a,.. 100 144
CUT of Uraaha school 4s, 1441 104 Si
Cudahy Packing Co. la, 1414 tt
I Mere A Co. 7 per rent pfd 108
Fairmont Creamery 1st g. 4 p. a 19
Fairmont Creamery prd, 7 p. c St
Oermaa Fir Int. stock
Ksnaaa O. 4V at. 7 n. a. sfd tt
104
tt
104
lot
100
76
14
104.03
Kansas City R A L. 6a, Mil
Kanaaa City 4a. 1130
Louisville A N 1st rote. 4a. 1117.
.
101
44
Mo. Pao. Ry. Co. l-vear notes, I p. . S
Marlon Co.. Iowa. , 1121 104
Omaha Water 4s. 1944 ts
Omaha A C. B. Bt. Ry. 6s, 1121 M
104.01
14
t7
41
4S
M
100
1
100
101.66
141
umana at j. a. hi. Ky. pfd I p. o.... II
Omaha a Q B. St. Ry. com
Omaha Oea 6a, 1117
Peters Mill I per cent pfd
Union Stock Tarda stock
Union Block Varda.ta, 1431
Seattle 4a, 1420
Wlaa Mamoilal Hospital fa, 121...,
7
17
tt
to
.U01
. 104
Bank Clearings.
OMA74A. .tlinj. t Ranlr oltt4 .
day were $2,471,696.63 and for the corre-
ennn rlln w rlata le et a a1 Con nia nn
BlfVIIUIIIQ uairj inDl .TOatl ,i9tr4eOD.Vl.
Hank r!n VU. fnr IhA tmTAsi.k' aratlHinav
were $13,276,523.12, and for the correspond-
Inn Jl... 1 . . . . . . , , rIU W rtA
us uave ibol cor ei.oo.oiv.v.
19167
1911.
Monday ....
Tuesday ....
Wednesday
Thursday -
$
a
$ 2,226,258. 00
... a
2.720,65863
3,098.408.4$
2.769,629.64
2.471,696.63
2,9611.668.03
2,9X2.600.35
8,149,794.88
2,848.270.69
2,689.236.07
Friday
Saturday ...
$14,638,370.03' $13,27,623.U
Holiday.
CHICAGO LIVE , STOCK MARKET
Dentaad for .Cattle tvad Sheep Steady
Hosts Slow. .
CHICAGO. June a. CATTLE ReeelDts
estimated at 200 head; market steady;
beeves, $5.15-ij;6.40; Texas steers, $4.60(j.60:
western steers, $4.76(06.60; stockers and
feeders, $3.8oj5.66; cows and belters, $2,469
6.80; calves, $6.267.76. .
tiuus-receipts estimated at s.ooo head:
market Blow; light. $5.75B.12H: mixed, $5.70
good to choice heavy, I5.7Mi6.00; pigs, $3.66
duik oi sales, sa.wwni.ou. -SHEEP
AND LAMBS Receipts esti
mated at 6,000 head; market steady; native,
$3.004.46; weetern. J3.0uSi4.60; yearlings.
$4.266.16; lambs, native, $4.2&i6.80; western,
tl.40H4i.lu.
Kaasaa City Live Stock Market.
KANSAS CITY, June $.CATTLJ Re
ceipts 200 head; no southerns; market
steady; native steers. $5.26&6.86; southern
steers, $4.106.60; southern cows and heif
ers, $3.00&4.60; native cows and heifers, $3.00
66 00; stockers and feeders, $4.255.60; bulls,
$3.866.00; calves, $5.00.60; western steers,
$5.00b6.10; western cows, $3.0Oy4.75.
HOOS Receipts 2,000 head; market
steady; bulk of sales, $6.80Q6.90; heavy, $6.60
65.85; packers and butchers, $6.8&3S.90;
lights, $5.836.96.
SHEEP AND LAMBS Receipts none;
market steady; muttons, $3.60&&.95; lambs,
J5.otyr7.00; fed wethers and yearlings, $3.75
6.25; fed western ewes, $3,604(3.85.
St. I.ools Live Stock Market.
ST. LOUIS, June 8. CATTLE Receipts
100 head: no Texans; market steady; na
tive beef steers, $5.&036.2&; cows and heif
ers, $3.50f6.15; ntockers and feeders, $3.00
5.26; Texas and Indian steers, $42S'u6.00;
oows and heifers. $3.606.00; calves In car
load lots, $6.0O7.S0.
HOG 8 Receipts 4.500 head; market
steady; pigs and lights, $5.9036.O5; packers,
J5.4oQ6.00; butchers and best heavy, $6.90
.06.
SHEEP AND LAMBS-Becelpts 1.500
head; market steady; native muttons, $3.76
44-26; lambs, .6.90.
'St. Joeeph Live Stock Market.
ST. JOSEPH, June 8- CATTLE Re
ceipts, 100 head; market steady; steers, $625
66.16; rows and heifers, $3.25125.25; calves
M-OOTC.
HOOS-Recelpts 2,000 head; market
steady; top, $5.924J; bulk of sales. $5.80415.90.
SHEEP AND LAMBS Receipts. 208
head; market steady; lambs, $5.50j'7.00
, -
v Stock la night.
Receipts of live stock at he five princi
pal western markets yesterdhy: . ,
' w w Cattft. Hogs. Sheep.
South Omaha..
70,
6,600
1.000
at. Joseph..
Kanaaa City
St - Ixtuis . .
Chicago ....
Totals ..
100
$00
uotr
200
200
2.000
4,500 1.600
SOOO . 6,000
..470 24,100 8. TOO
Cotton Market.
NEW .YORK. June $.-COTTON-fipot
closed quiet; middling uplands, 16.40c;
middling gulf. 1605c. Pales, none.
ST. LOUIS. June 8 COTTON Market
unchanged: middling, 16o; aal-a. none;
receipts,. 666 bales; shipments, 6M bales;
stock, ll.ObS bales.
New York cotton market, as rnlshed
hv Logan Bryan, members of New York
Cotton exchange, 816 South Sixteenth street:
Month.
Julv
Open. High. Low. Close.
......15 70 16 74 16 63 16 It
August 15 15
September ........13 6
October IS 24
December 13 13
IS 15 16 14 15 1
13 76 67 13 74
l Hi 13 II
IS 20 13 U
13 36 r
H19,
Dry Goods Market.
NEW TORK. June 1. DRY OOOnSTha
cotton goods markets were steady, with
tne oemana ugnier. tains are very quiet.
Retail trade In tho metropolitan section
was called much better during the week.
Isgat Market.
NEW TORK, June $.-SCaAn-rirm;
M..HAABaA bo. - smm. . i . i i..
I.UHl J . .But, -, wwkl liussi, TTJ
test. $.8iic; molasses sugar, 89 test, 3llo,
. j . . . a m.,
ibeuncQ, siettujr, i-ruanw, siwj grenumiaa,
1. 00c; powdered, t.lOo.
Omaha Has- Market.
OMAHA, June I HA Y No. 1 $1100; No.
I, $iou; packing, $700; alfalfa, $13 00. Straw:
Wheat. $5 50; rye. U-M; oats, $7.00.
Wool Market.
BT. LOUIS. June $. WOOL Unchanged ;
territory and mediums, 17iffi20e; fine me
diums, 178 lie; fine. 11311c.-
Indiana Editors for Marshall.
LA PORTE,-' Ind., June $ A resolution
endorsing Governor Marshall for the prs
Idenrv Is lull was adopted today by the
Indiana Democratic Editors' association 8X
Us summer meeting In session here.
OMAHA LIYEJTOCK MARKET
Beef Steers Higher, Cows lower for
the Week.
HOGS OPEN STEADY.CLOSE HIGHER
Fat ghees Plfteea ' to Tweaty-Flve
Lower for Week aad Shorn
Lambs Qaarter to Thirty
Five Cents Lower.
SOUTH OMAHA. June 8. 1911.
Htcelpta wore: Cattle. Hogs. Bheep.
Official Monday 2.J30 .41 4.121
Official Tueedav 2,777 14.125 4.474
Official Wednesday 4.388 11.826 - $.321
Official Thursday 4 018 14.144 1.507
Official Friday 1.2H2 10.4S7 1.79S
Estimate Saturday 72 6,637
Six days this week... .14. M7 63.6W 15.182
Same days last week.... 18. 391 62.666 22,942
Same days 2 week ago.. 20. 478 56.870 22.634
Same days 3 weeks ago. .18.722 60.233 80.216
Same days 4 weeks ago.. 17, 2M 67,190 29.556
Same days last year.... 13.872 46.983 13.498
The following table shows the receipts
of cattle, hogs and sheep at South Omaha
for the year to date, as compared with
last year: 19U. 1910. Inc.
Cattle 431.231 413,Hh6 17,5'.t9
Hogs L1S1.422 925.945 226.477
Sheep 705.829 615.719 90,101
The following table mows . the average
prices on hogs at South Omaha for tbe
last several days, with comparisons:
Dates. 1911 .l10.19.L.1907.I190.19O5.
May 26... 5 70V4I 19 T 101 5 14 b9 221 t 1$
May 26.. I (88 141 7 14 6 1 271 6 1
May 27... I 6 84 9 27 7 14 6 20 6 90 I 17
May 28... I 891 7 02 6 2i 6 92 6 4
May 2...f5 8 I 7 021 6 27 i 4 291 S 13
May 30... I 5 82; 9 881 6 251 6 01 1 ti 39) 6 17
May 81... 6 74V41 9 33 7 Ul 081 321 6 11
June 1...I 6 74i 311 7 141 6 S5 6 101 6 20 6 09
June $...( S 7'A 16 7 19 6 291 I 21: 5 16
June 3... t 77J 9 09 7 26 6 23 6 0G 6 19
Sunday.
Receipts and disposition ot live stock at
the Union Stock Yards, South Omaha, for
twenty-four hours ending at $ p. m. yes
terday :
. RECEIPTS CARS.
Cattle. Hogs.H'r'B.
C M. & St. P 4
Wabash 1
Missouri Pacific 1
Union Pacific .22
C. A N. W., east 6
C. & N. W.. west 26
C. St. P.. M. & 0 6
C, B. & Q . east 12..
C, B. & Q.. west 26 2
C.. R.. I. &. P., east 4
C, R. I. & P., west 2
Illinois Central 2
Chicago Great Western 2 . ..
'. Total receipts 1 101 2
DISPOSITION HEAD.
Omatia Packing Co
Swlit & Co
Cudahy Packing Co
Armour ot Co
Murphy ..
Total 6,325
CATTLE There were no cattle ot any
consequence on sale this morning, the mar
ket, as usual on a Saturday, being practi
cally bare of supplies although a few
scattering cars were reported in. Receipts
lor the week have been very . moderate,
showing a large fulling off as compared
with recent weeks. -
Under the influence of a very fair local
demand and greatly, decreased receipts
the market on beef steers this week has
had a gradual upward movement. Prices
have really not been quoted any higher,
but still they have been creeping up slowly
and at tne close ot me week are arounu
loc higher than last week.
While the best dry lot heifers and light
COws have held up very' well the general
run of cow stuff, especially anything show
ing grass or anything on the canner order
has had a downward movement and prices
at the close, of the week are lo'2oc lower.
Veal calves have been in very good de
mand and at the same time very light sup
ply, this, week, with the result that prices
have rapidly advanced, the best grades
selling as high as $8.60.
Bulls and stags have been very fair sell
ers all the week at fully steady prices.
Feeders have been in very light supply
thla' week, but there have been a good
many stockers on the common order re
ceived during the last few days. At the
same time, country demand has not been
overly urgent and with a surplus of cattle
At the close of the week prloes yesterday,
which had been, steady all the week, broke
as much as 25c. This means thAt the week
is closing fully 26c lower than last week
on that kind of cattle.
Quotations on Cattle: Oood to choice
beef steers, $6.806,10; fair to good beef
steers, $6.60i&5.80; common to fair beef
steers, $S.0OQ6.ti0; good to choice heifers,
$5.0009.50.; good to choice cows, .$4.60(25.00;
fair to. good. cows and heifers, $4.15ij4.6o;
common to fair cows and heifers, $2.50(14.15;
good to choice stockers and feeders, $5.60
fc-a.70; fair to good stockers and feeders,
ti.0tXrt6.60; common to fair stockers and
feeders. $400(86.00; stock heifers. $425(36.26;
veal calves, $5.00r8.50; bulls, stags, etc.,
$4.00-6.26.
HOQS Demand for hogs had both vol
ume and tone, producing a trade that was
steady early and strong to 6c higher late.
About 102 cars were yarded In all and
regular buyers purchased freely through
out the session. Clearance of bulk was
made before 10 - o'clock and all weights
showed good action.
Orders from shipping and speculative
quarters called for about one-eighth of the
supply, but there was no appreciable pref
erence for any particular class of stock.
Spreads held at narrow margins and qual
ity was a primary factor In determining
price.
Lard grades sold around $5.70xg6.75 and
desirable butchers moved at or near $6.8o.
Light mixed offerings and choice bacon
animals brought as much as $6.96, a top
that la 6c above yesterday's high price.
Despite the fact that receipts this week
have been liberal, the demand has been
broad and prloes have held up very credit
ably. The bulk as well as the top today
shows a nickel decline from prices a week
ago.
Representative sales:
No, Ar. 8h. Tt. No, AT. h. Pr.
42 800 140 I 44 44 116 40 I W
II 121 14V I 71 70 221 10 i 40
12 171 144 t 74 44 210 140 I 10
to 107 ... I 71 4 237 lot I 10
41 Hi ISO i 74 W 241 lot I SO
10 Ill 140 I 70 61 241 40 I at
44 177 40 vl 70 71 29 ... I W
M 27b 140 4 JO 41 214 ... IN
64 301 121) I 70 45 217 ... 4 SO
40 ... 70 II 211 120 I 10
M 241 40 i 70 sS 247 ... I SO
U ... I 70 74 240 M I 80
64 121 ... 1 70 44 244 ... 1 10
M 24t ... I 70 ll.j 241 44 I at
44.. 7 W I 7!H 71 247 ... I 80
40.. 277 14 1 71. 17 204 ... 1 40
M 247 140 I 71 . 17 244 IN IM
tt 141 110 I 71 46 231 ... i 10
16 141 M I 71 71 Ill IX In
It 61 ... I 76 11 141 ... I 80
44 ltt ... I 71 7 224 ... I 80
4B l5 "... Ill 44 206 " 10 (It
48 M U0 I 76 71 234 M I tt
47 141 44 I 75 76 140 ... i 80
tl 140 ... 171 4 lit ... i 10
44 147 140 I 76 44 246 , 10 I 80
13 206 40 I 75 44 240 ... I 80
t0....r...2tl ... 1 75 44 231 ... I 10
69 2M 10 I 71 44 245 10 I 80
t 24 ... I 71 10 224 ... I 10
14 161 171 77 !30 ... I if
6 284 80 5 76 48 2m 120 t ID
tt 161 ... I 71 17 141 ... I 60
7k 2.M 40 I 75 60 1-t 120 I I2H
Hi 241 120 I 71 74 221 120 I H2V,
44 141 ... I 71 It lit 40 I 824
II 264 10 I 76 - 41 2W ... I 12V)
6 148 ... I 71 72 106 ... 6 86
tl IM ... I 76 II 24 ... I 14
70 161 120 I 71 44 14 ... I 84
A4 Ml to I 75 71 121 40 I 85
61 Kit 80 I 76 74 210 ... I 65
64 IK! 140 I 71 110 ... i 16
44 114 40 I 71 14 181 44 I 17
We Offer Subject to
7 Cumulative Preferred Stock with Liberal Common Stock Bonus
THE CONSOLIDATED MOTOR CAR COMPANY, of CLEVELAND, 0.
CAPITAL.
$2,000,000.00 Preferred . " Par Value, $100.00 2,000.eoo.00 Comuion
Thla company controls and operates The Koyal Tourist Car Co. of Cleveland. Ohio; the Croxton Motor
Company of Cleveland, Ohio; and the Krantz Body Mtg. Company, Akron, Ohio. The constituent companies
have a total net valuation of fl.146,700. This would place the net worth of the 'present outstanding stock
at over 175.
Estimated earnings for 1911-12 are $1,057,600, or more than SEVEN TIMES THE ANNUAL DIVI
DEND ON THE ENTIRE ISSUE OF PREFERRED STOCK.
This Is an exceptional opportunity to acquire some pt this sock and benefit by tbe LIBERAL COM
MON STOCK BONUS OFFERED. Further details will be furnished upon application.
KLEINZAHLERand COIVUPAINJY, Bankers
Cleveland, Onto
CAMADY CO. m. V. Corner Four eenlh and Douglai, Omaha.
7.,
44
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14.
Pica
SHEEP There was nothing doing In
either the sheep or Ismb msrkets today, as
every branch of the trade was bsrren. The
scale of values remained nominal.
Supplies during the week give a total
that is relatively light, only 15.000 head
showing up In all. Nearly half of this
r in consisted of wooled Mexican lambs, a
class of stock that is seldom available at
market so late In the season. Shorn west
ern lambs were In very fair supply on
most days, but matured sheep, such as
ewes, wethers, etc., have been scarce at
all times.
The main trade. Involving wooled Mex
icans only, opened steady, became a quar
ter cheaper at mid-week and regained the
loss on a two-car offering yesterday. Toppy
Mexican lambs In fleece are now selling
around $7.50, quotably steady with a week
ago.
During the major portion of the week
short runs had no appreciable Influence
upon demand. Shorn lambs had to be
placed on a more attractive basis and pres
ent prices are about 35c lower than those
of a week ago. Slumpy conditions at larger
trading points In the east have had a
considerable Influence upon the local sit
uation and are largely credited with bear
ish trend ot values in the face of light
offerings.
Volume of business In old sheep was
hardly large enough to afford anything
like a good reflection of the market. He
cent sales average up weak to some lower
and present quotations indicate a net de
cline of about a quarter.
Quotations on sheet and lambs: Spring
lambs, good to choice, $6.75ft7.76; spring
lambs, fair to good, $5.60(6.75; Mexican
lambs, $7.15ffT7.50; shorn lambs, good to
choice, $6.10(16.40; shorn lambs, fair to good,
Ix&Oiiti.U); feeding lambs, shorn, $3.604.60;
yearlings, shorn, $4 755.36; wethers, shorn,
$t.4MV(i6.oo; ewes, good to choice, shorn, $4.26
04.50; ewes, fair to good, ahorn, $3.66u4.2i.
NATURE FAKERS GOING SOME
Spring; Collection of Cariosities from
Crowless Rooster to Iloldnp
Mouse.
If F. I. Wei born of Kansas City sue
ceeds In his latest plan, late sleepers will
rise up to call him blessed, for nothing
less now than a crowless rooster Is Mr.
Welborn's aim. Already he has produced
an almost wingless chicken, which Is
guaranteed to stay at home. The neigh
bors of Mr. Welbom out on Dauphin ave
nue wanted to give him a medal for that
but he modestly asked them to wait until
he had perfected his crowless rooster; and
they then could give him something really
worth while. They told him If he' suc
ceeded they would Insist on both a Nobel
prize and a Carnegie hero medal for him.
"I was down in South Carolina last week
and I saw a freak of nature that our friend
Congressman Legare ought to have
brought to Washington for the oo or for
the edification of his congressional breth
ren," said Johnson A. Tunison of Florida,
quoted by the Washington Post. "This
freak was a cow with seventeen horns.
The farmer living near Greenville who
owns the cow is very proud of the ant
mal. The horns protrude from the cow's
back along the spine. Each Joint of the
spinal column seems to be the base for a
horn. The cow is normal in every other
way. She gives Just a little more milk
than any other cow in the pasture. The
owner has been offered a large amount
of money for the cow by museum owners,
but he refuses to sell. I might add that
the farmer has named the cow Cornucopia,
and he thinks the name was appropriate."
jA Long Island railroad train was stalled
ten minutes by a mouse last week. It
was an electric train going; west over the
Rockaway Beach division. At the Oxone
park crossing- a switch was thrown and
the train halted. Tralnment went forward
and found the tower switchman making
vain efforts to turn the switch. The
motorman suggested that something was
"stuck in the switch box." The small
metal switch box between thai tracks was
opened, and between the teeth was found
the body of a mouse. Its little body had
bo clogged the teeth that th6 switch could
not be operated.
Eight little pigs are the foster children
gf a white hen on the farm of Emll Carl
son at WlnBted. Conn. This spring, Carl
son says, the hen formed the habit of lay
ing In the pigpen. The pig was fond of
eggs and did not object.
When the hen decided to set she found
nothing to sit on "until a litter of pigs ar
rived. These she simply adopted, and when
they went to sleep, plied In a heap after
the manner Of young pigs, she climbed to
the top of the pile, and spreading her
wings, did her best to cover the twelve.
She has stayed with her strange family
constantly. Now that they run out of j
doors she follows them about in great dis
tress. "By John Rogers!'' exclaimed Joseph
Rogers when yanked into deep water at
Highland Lake, N. H., "I'll get that darned
whopper yet," he added as he floundered
In the water.
The "whopper" was a large eel. Rogers
was fishing for perch, standing In one
end of a boat. "When he plunged head
foremost into the lake he clung to his rod
and kept himself afloat until his two com
panions In the boat rescued him and landed
the eel. It was six feet long.
A goat roosting In a tree Is the newest
bit of scenery on the farm of Robert
Rogers, two and one-half miles northeast
of Fulton, Mo.
Recently Rogers shipped a load of goats
to St. Louis and upon counting thein,
missed one of the quadrupeds. One day
Elijah Palmer passed a tree on the Palmer
farm and saw the goat curled up In a
bough. John Berry, who lives about a half
mile from the Rogers farm, had noticed a
white object in a tree on his neighbor's pre
serve, but be was unable to make out what
It was.
A hen belonging to Virgin Johnson of
Glasgow, Ky., laid an egg the other day
which had upon one end of it the photo
graph in red of a snake colled and ready
to strike. .
Just what caused the phenomenon Is not
known. Nothing like It was ever heard of
before in this part of the country. It has
been suggested by a physician here that
the hen might have been charmed or
frightened by a snake colled In the grass
while the egg was forming, and that a
picture of the snake was impressed upon
the shell of the egg which was then soft
and saturated with the albumen of the
eng.
Prior Sale, The Unsold
..4n ... $ TTUj
.161 10 I ?7i,
. .IM 140 I 77V,
10 I Ml
..til ... I 80
CROP REPORTS ENCOURAGING
Information at Hand Indicate! Oood
Season 4head.
FRUIT YIELD WILL BE LARGE
HI ar Job 4vlh Fat "alary to Be Filled
by the New York Clearlatt Hons
Banks Standard Losing;
OM Leaders.
BT PRKPTON C. ADAMS.
NF.W YOU K. June S (Special to The
pee. I After all la said and done, the pros
perity of the country rests on the crops.
This mav be trite, but It Is true. Hence
accurate Information concerning the condi
tion of the crops Is s mlirlity good founda
tion upon which to build a forecast of the
business future.
With this prelude. It mav be permitted
to print a statement which comes from
a big manufacturing concern In the mldtllo
west, whose agents nnd salesmen cover
the entire countrv snd are In a particu
larly favorable position to get accurate In
formation concerning the crops. The state
ment savs;
"The dominant note seems to be that
while both soil and growing crop condi
tions, as a rule, are excellent, the princi
pal matter now to watch Is rainfall
throughout the west, northwest, the cen
tral west, as upon the amount which we
receive in these sections between now and
July 1 will depend the outcome of the
crops: apparently there Is no surplus
moisture In the soil In the sections men
tioned, nor In the southeastern Atlantic
states." I
Conditions Mostly Farornhle.
Western half of Oklahoma still too dry,
and while sufficient moisture for present
needs In eastern Colorado, western Kan
sas, western Nebraska, eastern W'vnmlng,
Idaho and Montana, all of both Dakotas,
northern Minnesota, northern Wisconsin,
yet reports show subsoil In these sections
very drv. hence need of seasonable rains
from now to Insure crops.
Corn not all planted, but general increase
6 to 10 per cent in acreage indicated;
plant so far in good condition.
Cotton mostlv planted, with about 6 per
cent Increase in acreage. Orowth of cotton
plant retarded east of Alleghnnlea by dry,
cool weather; west of the same to Missis
sippi river by cool, wet weather; particu
larly fine west of the Mississippi river; no
mention of boll weevil.
Winter wheat promises as large a crop
under favorable conditions as ever har
vested; about 5 per cent Increase In acre-,
age. Spring wheat In good shape; about
10 per cent Increase in acreage.
Itrge Increase In oats acreage, but con
dition badly spotted.
Large increase In flax acreage in north
west. All secondary crops show Increase In
acreage; generally good condition.
Larue Increase In acreaire of alfalfa,
kafflr corn and all forage crops In south
west. Fruit crop promises largest for years,
particularly apples and berries. Peaches
hurt severely in certain sections, but still
good crop. Citrus fruit damaged to soma
extent In southern California and Florida
peninsula.
Coal mining improving; all other mining
quiet.
Live stock shows Improvement over last -year.
Lumber Interests oulet.
Sufficient water In Irrigation districts In
West.
Good Job for Kxpert.
One of the most Important hanking posi
tions In the United States must shortly he
filled and already the possihle candidate)
are being considered. The office Is that of
special examiner for the enlarged New
York clearing house. No other man In the
country will he placed in possession of so
full information concerning the financial
operations of New York Cltv. It will tie
his duty to ascertain the exact status
of every bank and trust company In the
organization. From him nothing will . be
hid.
He will be clothed with unlimited power
In regard to Investigating banking ac
counts and transactions. The knowledge
he will thus gain would he worth pur
chasing at almost anv price. It is es
sential, therefore, that the governors of
the clearing house make the most rigid
stipulations as to the conduct of this of
ficial during his term of office and after
he may resign.
To secure the right kind of a man a
very lare-e salarv will be necessarv not
less than $25,000 per annum. In all probabil
ity. To have the duties performed thor
oughly and Imaprtlally would be worth
four times that sum to New York. It
Is said that no local banker will be
chosen, for reasons that need not be spe
cified. Second In Importance to the admission
of trust oompanles to clearing house mem
bership Is the agreement to appoint a spe
cial examiner with an adequate staff. It
Is even said that If the financial powers
were as anxious to introduce this Innova
tion as they were to enroll the trust com
panies. Without casting the sllirhtest aspersion
fo the state banking department. It cannot
be sold that Its periodic examinations In
spire full confidence now that the trust
company business has reached such a mag
nitude and has become so extremely diver
sified in character. When merely trust
funds were handled the public's Interest
In these Institutions were not very great,
but today the New York trust companies
are to be found engaging In all sorts of
operations, from the promoting of "holes
In the ground." as mines, to the collecting
of Interest on the government bonds of
widows and orphans. The national bunks
want to have a proper check upon ques
tionable doings, and It Is believed that the
new arrangement will prove a valuable
step In the right direction.
Standard Losing; Old Leaders.
One by one the Old-timers of the Standard
OU are receiving their final summons, and
the younger generation have not yet de
monstrated their ability to successfully
fill the gaps. Seven prominent Standard
Oil men have died within the last few
years, so that today only a few of those
who were associated with John D. Rock a. -feller
in the early stages of his career
remain at the helm. Daniel O'Day wtis
among the first to go. H. H. Rogers,
often described as "the brains of Standard
Oil." died under lamentable circumstances;
In financial circles It was well known "that
this rugged financier lost heart over the
events of 1907. W. P. Howe. W. H. Til- :
ford. F. Q. HarBtow and Philip Ruprecht '
have all passed away, while this week
James Smith, head of the manufacturing
committee of the Standard OU company,
died suddenly at the age of 63. How far
overwork has been responsible for the
mortality among Standard Oil officials
cannot be - guuged. but those best
acquainted with the facts believe that the
strain Involved has been a factor In cut
ting short the lives of more than one
of those hero enumerated.
Who will be the successors of the Stand
ard Oil leaders removed bv death and of
the septuagenarians and octogenarians
whose active labors are nearlng an end?
Young John D. Rockefeller has no taste
for business, but desires to devote his Ufa
to the philanthropic schemes evolved bv
his father: William Rockefeller's son.
Percy. Is an active, strenuous worker of
recognized ability. H. H. Rogers Is cred
ited with possessing, more than average
brain power, but he litis not so far con
vinced his associates that he 1s destined
to adequately fill the shoes of his father.
Thn young Kedfurris Hre noted for their
strict attention to business, and they sre
alreadv filling Important positions In va
rious departments. Hut. as alreadv stated,
the younger element, have not yet won
their spurs. Fortunately, their training
will fit them for compl vtng with modern
rules for conducilnw Klcantlc enterprises.
Inasmuch as they cannot but realize that
the age of unrestrained and unmerciful
tactics haa gone bv and that hereafter it
corporations' morals must be above re
proach. Portion of $100,000,00
