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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Oct. 30, 1916)
THE BEE f OMAHA, MONDAY, OCTOBER 30, 1916.'
GRAIN AND PRftlW.E
Excellent Cash Demand and
' Heavy Exports Boom, the
Wheat Market Again.
COEN SETS A NEW RECORD
, Omaha. October l, 114.
t The atronc export situation end an ex
cellent local cash demand fa v. the caab
wheat market another booat today.
Wheat wai especially atronr, the hard
winter -aellln from melc hither and
the durum selling about Ic above the av
erage price of yesterday.
Hlch price reeords on both wheat and
corn were established, , durum wheat selilnf
at II. to, a new.hlirh mark for any Kino
of wheat ever eold In this market.
No. I hard winter also sold for record
prices, the bulk of the samples folnr at
II.I1HIIII, while the (.neral run of
No. 1 hard sold sround II. lot) 1.1! Vj.
No. t yellow corn sold for a record price
of 11.01. while the average ssmpls of yellow
worn sold around lie. There was no white
oorn sold and the mixed corn of the com
mercial trades sold well up around 11.00,
although the new corn sold about 4a be
low old oorn of the earns class. Corn as
a general proposition was quoted from 10
ltte hither, Rye advanced from lt)2o and
barley waa quoted unchanged.
Oats receipts were not very heavy and
the bulk of the samples traded No. I
while and sold at livc.
The demand for rye was sxcsllent and
record prices were slso paid for this ce
real, the No. I trade selling at 11 IS and
the No. at I1.I401.I4V,.
' Clearances were: Wheat and flour equal
to III, 00ft bushels: com, 40,000 bushels;
oats, 11,000 bushels.
Uverpool close: Wheat i& hither;
corn tlfcd hither,
. Primary: wheat receipts were 1,111.110
bushels and shipments 1,111,000 bushels,
against receipts of 111,000 bushsls and ship
ments of 1,141,000 bushels last year.
Primary corn receipts were 101.000 bush
els and shipments 111,000 bushels, against
receipts- of 197,690 "bushele and shipments
of fll.Olo bushels Isst year. -.
Primary oats receipts wsrs 110,000 bush
els and shipments 1,121.001 bvahele, against
receipts of 412,00ft bushels and shlpmsnts
f l,OJi,00q bushels Isst year.
. V. Wheat. Corn. Oats.
Chicago II 11 III
Minneapolis f ,.411
Pol-Ilk 14 .....
Omaha f.. .,! Tt
Kansas City .....114
t Louis .................ill
Winnipeg I.. .,.111
These asles were reported today:
Wheat No. 1 hard winter. 1 car, II. II.
No. 1 hard winter. 1 car. I1.I4U: I oars.
11.14; I cars. Il.lltt; I cars, 11.11; I car,
11.14 4. No. I hard wlntsr, 1 car, 11,11; I
cars 11.11; i csrs. 11.11 Uj; 4 cars, 11.11; I
cars: ll.llti; 1 car' (light), 11.10. No. 4
hard winter, 1 ear, 11.10; I cars, 11.11; 1
ear (light), 11.10. Sample hard winter, 1
Car. 11.71. No. 4 spring, 1 oar, ll.le; 1 car
(light) 11.11. No. I durum, 1 ear, 11.10.
No. I mined, t car, 11.14. No. 4 mixed, I car,
4.71; l ear. 11.71: 1 car, II. II; t ear, ll.lt;
1 car (light), 11.11; 1. car. 11.10.
Rye No. I, 1 car, 11.11; No. I, I car,
I1.I4Vj; I cars, H it. No. 4, I cars, 11.11.
. Barley No. I, I car, fl.il.-
Corn No. I white: t car (new), lie. No.
t yellow; I car. 11.01; 1 car (old and new),
11.10. No. 4 yellow: 1 car (now), lie. No.
I mixed: 1 oar, II. II: 1 car (new), lie. No.
I mixed: 1 car, 11.01. No. 4 mixed: t car
(aweet corn ), Her
Oata Standard: I car, lis. No. I white:
It cars, iltc. No. 4 whits; I cars. II tic.
Sample white: I cars, 1014 c.
Omaha Cash Prices Wheat: No. I hard,
I1.IIVj1.I; No. I hard. ll.I0Ol.il: No. I
hard, li.10Ol.ie: No. I spring, I1.1I01.II;
No. I spring., 11.1101.11; No. I durum.
1.111 10; No. I durum, 11.1101. II Corn:
No. I white, lit He; No. I whits, HOHe;
No. 4 white, IIOHo; No. i whits, HOHe;
No. white, lie lie; No. I yellow, ll.ooo
1 91; No. I yellow, lleOII.OOl No. 4 yel
low. MOItr; No. I ysllow, 170 Ho: No. I
yellow, HOHe;, No. I ajlxed, llcOll.OI;
Not I mixed, llc0ll.M No. 4 mixed, 110
lies No. I mixed, IIOHc; No. t mixed, 140
Ic. Oats: No. white, IIOIIHo; standard,
IIVjOIIoi No. $ w-hlts, (IwOlltte; No. 4
white, llOHWe. Barley: Haltlnt, 11.000
I. II; No. 1 feed, llcOll.OI. Rye: Mo. I,
Ill401.lt; No. t, 11.11 4 01.14 Vs. v
NEW YORK STOCKS
Shares Jrreipilar 41mot from
Outset of Brief Session.
STAIVDARD ISSUES LOWER
Baltimore ft Ohio..
uro-oK. Rapid Trail,
tt. A fl. Conoer
Canadian Pclfln .
c,. r. i. -P. ,Ry!!' W,iit 'tau
A i . at, ""'Hr 1I,BU Die V
v.oio, ruei m iron.,'
Corn Product Ref..
Oreat No, pfd
Orsat No. Ore ctfi.
Illinois central. ....
Inter. Caa. r'nrn 1 arte 1
Insblratlon rnniMr. do.' aaa a a
int. . wi. prd. otfi.
K. C. Southern...,,
Louisville m Naah..
M., K, ft , pfd..,.
MIm our I Pacific,.,
New York Central,.
N. T.. N H H
Norfolk ft Western 1,400 141
Northern Pacific,.. 100 111
Omaha, October It, 1111. '
The heavy export ea.ee of all oereals yes
terdar fei?ed an early advaaoo tn wheat
The seaboard reported 100,900 bu. Of
wheat, 100,000 bu. corn and about IlOftOO
bu. of oate worked for export" ifter the elM
of yesterday's market.
While the Araenttne eltuatlon Is largely
the caoee of the hif h prices, the real causa
at the present time Is tho extraordinary ds
Duutd (or our wheat by the foretft, noun
trlea. Today's opening prices were strong and
the market trained steadily, December wheat
reacbin a hich mark of 11.1414 an ths
May li lt. ..4 .
Tho foreign demand for corn and oats
showed a bit Increase and theee markets
also showed substantial gains, -
Looal ranee of ootiona.
Open. High. Low. Closs. ITsTy
1 II . 1 14(4 III iioh
1 II 1 lie. 111 t us, HOH
141 till 141 1 41H 1411
' ' Ml II 14 H " II I41
.1414 til. lit ., II llt(
.', II ' ltj II " lltt'll ;
;" "mi mh '. tin ii
Chlcsgo closing prices, furnished Tho Be,
by Logsn Bryan, stock and grain brokers,
111 toulh IHxtesnth street, Omaha.
. Oct -'Jan.
Open. High. Low. Close.
I tie. I 10 ms 1 Its,
i ir l iin my, i ,,(4
:i:H lit fit l 1014
it ok 1 ioi ns - im
110 H 10 . : MVj
-. ,M 11 lov. .. tot,
smo. I;, ii - us,
,110 li , it
14 10 II io II to it it
ii i ii n ii ii it i
II 41 II 41 It II
II U II II - It 10 II It.
II 11 14 ItH II II 14 It
II 11 14 10 II II II II-
Kama, t'lty (loiwral Market.
, ' Ksnsss City, Oct. II. Wheat .No. I hard
ll.IC01.il; No, I. II.I0O1I1; No. I red.
,i..ui.svi uejimwr, ei.s.; stay, 11.11
. ui.h... vr . i ...
No. I htte 11.01; No. 1, 11.04; No. 1 y.l-
rat. . i.vaFi.vis n, j, iswaininr, el V1T 14c;
ou No. t white, M.6Hc: No.' I mixed!
Butter "Creamery, iitte.'flrata, lie, aeo-
a. Wtll-"'illlwl fflB. ;
" Poultry Hena, lie; rooators, lie; broilers,
' Evaporated Apple tued Drtod Fruits.
New Tork, Oct tl.--Bvaporatid Apples
nifiaur , tancT. n v o , cnoiee, l o 7 q ;
Iried Frultsv Prunes, firm but Inactlvej
. Calllornlaa,' 1 U 0 10ac .Oreaona. 7Sfellt
Apricots, firm: choice, extra
fholcs, limlo; fancy, IttlaiSo. Peaches,
quiet but firm! choice, to: ext ahnir
1o; fancy. Ic. Ralalna, ateady; looao
muacatela, lfu4o; choice to fancy eeed-
u. iviwi aeeaieaa, ivwjeylle; iondon lay-
la . ; '. , .
' MbmeapoHs Onvla Marfcet.
Vlnneapoiia, Oct. J. Wheat December,
Uay, 11.934: No. l hard. 1100
ttl.OI; No. 1 northern, ll.lfila 01. im :
Na 1 nnrlhdrn It inUAi la
, 'Corn No, I yellow, $1.0601.07. ,?
Oale No. 1 white, Sl6Ic,
Flaxseed M.IOt 0t.ll 4.
Klour Fsnry patenta. 10c httyhir, quoted
(i I $10.30; other trade unchanged.
Barley 74c0ll.ll , .
Rye $1.1401.11. fc j,
Brah t2O.OO027.O4. .
New Tork. Oet. IS. Stock were Irreuu
lar aim oat from the out art of today's brief,
but active seselon. Standard or Inveetment
leiues were moderately lower and compara
tively neglected, while roppera and those
sperlaltlea which figured so extensively In
the dally operations, were decidedly strong.
Utah Copper waa the foremost 'feature,
with the'wlde" opening of 1,400 shares at
an advance of about l points to the new
reeora or iao, tnu being later extenaeo to
t04. Chlno Copper alae made a new high
mark on lis gain or 1 points to siMi
with gains of 1 to $ points for Inspiration,
Anaconda, Kenneeott and She ttuck-Arizona
coppera and American Smelting.
ueneral Leather repeated Its almost dally
performances of mounting to a new maxi
mum, gaining practically 9 points at 08,
and Cuba cane sugar, common and pre-
rerrea., sold higher than evor before at
16 ahd 100tt, respectively.
The motor errouo. eouloments. sine shares
and petroleum were lower by 1 to over S
points, business being most marked In Stude
baker and Maxwell. General Electric also
yielded on moderate offerings, with National
Biscuit and Pittsburg Coal. Atlantic. Oulf
and West Indies were firm on the excellent
statement of earnings for August and the
eight months of tho catandar year, but
Marines were unaer slight pressure with
United States Steel, Reading and a few
low priced rails. Chief among tho latter
were Denver ft Rio Orande. preferred: Mis
souri, Kansas ft Texas, preferred, and Rock
uiiana, me latter belns: so d free v on delav
In the discharge of receivership. Total sales
were 640,000 shares.
Tne bank statement met Dooular extMw.
tallons In Its actual cash gains of about
120,000.000, a loan expansion of almost $36,.
000,000 and an increase of over $11,000,000
Bonds were asraln Irretrular with ttr.tr.
reduction In offerings- of Internationals.
Total salsa, par value, $1,660,000. United
States bonds wore unchanged on call dur
ing the week. J . V
Number Of ulM mnA nitn.lAHa I A
Ing stocks wsrs;
a. m Ul.k T Al
Am. Beet Sugar... 1,100 102 10$ 103
American Can l.ioo au ftav 6Si
Am. Car ft Foundry 1.600 66 -7 $7
Am, locomotive.. , $,600 lH "2 $3
Am. Smelt. A Ref.. JJ.100 Ul2 1102 in
Am" Su.r Kr "- $,400 122 121 12t
Am. Tel. ft Tel , . . ... 10 11$ H U Ut
Am. .. I ft ....: 1,100 47 47 47
Anaconda Copper.. 10.300 06 06U 5U
Atchison ., 1,100 107 107U 107 C
$,600 66 S3 33
300 $3 66 36
l.ioo -6i !
a . . .' . S U.
TOO 174 174 1762
central leather ibu
Chesapeake ft Ohio 3,100 60. 66 66
. .r". Mr " J
LIVE STOCK 1BARKET
Most Kinds of Cattle Lower for
WeekFat Sheep Higher
and Feeders Lower. .
HOGS LOWER FOR WEEK
1,100 10 tt
1,100 111. 111
100 44 H
1,100 lilt, 114
100 II 11
11,100 lltf- II
100 114 111
,I00 t lit, 11
MOO ' II
Rar Con. Copper. . .
Rep. Iron A Steel. .
Hhatturk Arls. Cop,
Southern Paclflo, ,,
Union Pacific . . ,,,
union racuic prq, ,
4,000 11 II
1,100 II j I
4,100 101 10IU
4.100 II 11
1,100 iiih 111
v n iS
ti "3 i3
i II 13Z
( 111 101
i mi io a
V, $. Ind. Alcohol., $,$00 146 146 144
U, i Bteel,...... 1,400 11 Jl$ HbU
V. i. Steel pf4.i,, 300 131 hl 111
Utah Copper t$,300 103 106 106
Wabash ofd. "H",. soo ii nnt? anS
Western Union 1,100 103 103 102
WeW-inghouso Blee. $.600 64 63 61
joiai sales ror tno day, s&o.ooo oharss.
f NEW TORK OENEBAXi MARKET. .
QuoUOsm of tho Day oa Various) Losvdlng
Kour fork. Oct. $$. Flour Htrongt
Iprlnff patenta, $$.l$O$.$0i winter patent,
$6.60f$.0tt winter straights, S 46 Ol io.
Wheat Hoot strong ; No. 1 durum, M.K;
No. 1 hard, $$ 01; No. 1 northern, Duluth,
$3.0$i No, 1 northern, Manitoba, $1.0$,
t o. b. New tork.
' Corn Spot steady No. 3 yellow, nominal,
6V t. f.,Nw Tork, . ,
uats Hpot nrm. ; i ' '-.
Hay Qulst. .. t . . ? v . ' '"
lies t her Firm.
Provisions Pork, strong: mess. 121.0041
3100; short clear, lll.OOCIO 60. Beef,
firm; mess, 11.60f$$.00; family, $16,000
36.60., Lard, strong; middle west. $16,600
Tallow Firm, city. 0o; country, 10
Butter Steady i receipts. r7.lll tubs:
creamery, $601$o, firsts, $4016c;
seconds. $10 340. . ,
Kgga steady; receipts, 7,507 ogees;
fresh gathered, oxtra fine, $6 0 40c; extra
firsts, 3708Soi firsts, 14016c; seconds, J10
Chesse Firm; receipts, 1,067 boxes ; state,
fresh, specials, llOHc;' same, average
Poultry All vs. firm;' chickens, 17 9
llc; fowls, 160l9o; turkeys, 13026c.
Dressed, dull; chickens, lOQlOo; fowls. 17
$4o ; turkeys, 140130.
. Leeds Ormlsv Market.
St. Louts, Oct. 3$. Wheat No, 1 $1.60O
I I. : No. I hard, 11.110 J.00; December.
$1.66; May, $1.64.
tfern No. I, $1.07; No. 3 whits, $1.07 O
-.06; December. 16e. May. 0OtOe.
. Oats No, 3, 3061e; No. I white, nomi
nal December. 4e; May, 61 c,
v Uverpe! Urwla Market
Liverpool, Oct 13. Wheat Spot, No."!
hard, winter, 16s Id; No. 1 northern, Du
luth. lta td; No. 1 Manitoba, 16s 3d; No. I,
16e; No. 3,' 16s d. , .
Corn Spot, Amciicaa, mixed, new. Us 44
t .ii, i ,ii - ,
Y.'. lJhad Mashsr Markov. '
London, Oet 16 BlWer Bar. 33d per
ounce. i . , v , . , ,
-Money I ner eonr
Discount lUteshort Mils, . 0$ per
Com. inreo moniaa, wv per sent.
. i t Ooffe Markot.
New Tork, Oct 16. An opening advance
waa followed by a sharp break In tho cof
fee market for futures here today, with
May contracts selling oft from l.lfo to
1.60o and closing at $.46o bid. Tho open
Ing advance of from I to $ points .seemed
to reflect somd further buying from out
side sources and covering, but after sales
of some 10,000 or 11,000 bags there ap
peared to be very little support around the
ring. Offerings, on the other hand, - In
creased, owing to reports of an easier coot
and freight situations and the decline car
ried May contracts about 4$ points under
the high level of last Wednesday. The
close was t to 16 points net lower. Sales,
46,160 bags, - October and November, .16c;
December, 6.11c; January, 8.17c; February,
l.lleMarchr 0.16c; April, 1.44c; May, 1.41c;
June. 6.64c; July,: 1.61a, August 6.64c;
September, 1.61c, v
Spot coffee quiet; Rio 7s, $e; Santos 4s,
10 e, Und escribed Santos 4s were reported
In ths cost and freight market at 1.10c,
and well described at 10.10c, London credits.
The official cables reported no change In
the Braslllan spot market, but . a decline
of II to 60 reia In Santos futures. Hi
cleared $1,60(1 bags for New Orleans. ,
I Kaaaaa City live Htock Market
Kansas City. Oct 16. Cattle Receipts,
996 head; market steady; prime fed steers.
6H.S0OU 6ft; dreeeed beef steers, $7.0003-16;
wfatern steers, $l.00O-00; cows, $4.607.16:
heifers. 16.6000.36: steckers and feeders.
$6.7606.16; bulls, $4.7606.3$; calveg. $6,00
Hogs Receipts, 1,106 head;' market,
strong to 6o higher; bulk of sales, $i.$0O
10.10; heavy, $10.10010.19; packers and
butchers, IMGO10.J0; light 9. 76010.16
BheeD ana iamoo Receipts. ioa head
market steady; lambs, $10.40011.00; year
lings $1.0003-71; wethers, $7.0006-00; ewea,
' ; ' thigw Marhst '
New Tork. Oct. $. Sugar While there
waa no change tn the spot situation, the
market for augar futures was a little stead
ier this morning on covering for over the
week-end and a little demand from trade
sources, closing unchanged to points net
btgner; ueoomoer, s.ic ; January, 4.16c ;
March, 4.16c; May, 4.43c. Haw, steady;
melasaea, 6.77c; centrifugal, 1.44c. Refined,
steady; fin, granulated, 7.6007,76c
Official Monday ...
Official Tuesday . . ,
CifHMm W1nsir1s v
Official Thursday .
Official Friday ....
Omaha, October 31, 1114.
, . . 100
Htx days this week 63.700 16,763 88.121
Same days last week. . .66,187 36,137 117,767
Same days 2 weeks ago. 48,168 16.866 142,783
Same days 2 weeks ago. 41, 364 28,060 139.267
Same days 4 weeks ago. 46,066 21,463 174,376
Same days last' year. .. .40,143 11.706 16.173
Receipts and disposition or live siock a.
the Union Stock Yards, for twenty -four
hours ending yesterday: S
Cattle Receipts were Inslgnlficajft today,
there not belns: enough In sight to make a
market, but for the week receipts have been
very large, footing up a total of 62,700
head. With the exception of last week, this
Is the heaviest run of the year, and pros
pects are good for another large run) the
coming week. This Is the heavy shipping
season for range cattle and a great many
of the cattle coming forward are on the
stocker and feeder order, as usual at this
The demand for killing cattle, that Is
beef steers, cows and heifers, has been very
good and the market In satisfactory condtJ
tion up until the latter part or me weeg,
when the continued heavy receipts caused a
gradual eaalna- off. Good to choice year
lings were in especially active demand, sek-1
ing up to $11.00, the highest In tho history oV I
the market. Other kinds of corn feds havti
ssaarl nsV mwA tut lKASrst liiwuf t ha HI
last week. Grass beef has also easod1 off,
closing 26c lower. Cows and heifers are
anywhere from steady to as much as 10
16c lower on some kinds.
8 took era and feeders poured Into the yards
at a rapid rate, while the high nHca of
com caused a noticeable decrease In rhe de
mand, to such an extent that cattle began
accumulating. esDecIallr In the hands of
speculators early In the week. This caused
a steady weakening In the market until at
theg-lose prices are 2926o lower than last
Quotations on Cattle; Good to choice
beeves, 110.00 011.10; fair to good beevea,
$1.60010.00; common to fair beeves, $6.60
06.60; fancy heavy grassrs. $8.76 06.76;
good to choice grass beeves, $7.6508.76;
fair to choice grass beeves, $6.7607.66;.
common to fair grass beeves, $6.0606.76;.
good to choice heifers, $6.7607.26; good to
choice cows, $6.4006.75; fair to good cows,
$6.7606.36; common to fair cows. $4.2&0
6.76; good to choice feeders, $7.6008.16;
fair to good feeders, l6.606J7.16i common
to fair feeders, $6.7606.60; good to choice
Blockers, $7.6008.16; stock heifers, $6,260
7.26; stock cows, $6.2606.26; stock calves,
$6.0006.00; veal calves. $6.00910.00; beef
bulls, staga. etc.. $6.1606.26.
Hogs Receipts of hogs were by a few
head tho lightest of any day this week,
estimates calling for sixty-six cars, or 4,700
head, which la twenty-seven head smaller
than Monday's run. The week's total Is
the heaviest since eight weeks ago, receipts
having been 36,763 head, which Is 10.600
larger than laat week, over twlco as large
as two weeks ago and nearly three times
as heavy as for tho. corresponding week of
The market waa somewhat Uneven, but
as a general thing was mostly 610c high
..p rhiimrn wlrad a weaker odtloek ''early,
and one of tho local packoni got ft few
bogs en tho strength of this that wore no
more than ateady to 6o higher. As a gen
eral thing, however, tho trade opened fully
6e higher, and by tho time the bulk of tho
nogs sold ws 610c nigner.
Bulk of the sales was made at $1,700
1.66. Best hogs hero sold at $t.05, and
while this la a nickel lower than yesterday's
top on paper, the actual sales were anyway
6c higher, there being nothing as good as
yesterday's $10.00 load here. Compared
with laat week's close, today's market la
fully 10O15c .lower. Monday's dime break
waa not quite made up In the advances of
tho neat two days and less than half of the
20c break that was enforce Thursday and
Friday waa recovered this morning.
- Representative sales:
No. Av. Sh. Pr. No. Av. Sh. Pr.
47. .20 240 $1 6 i 62. .112 160 $1 70 ,.
64. .366 ... f 76 61 . .177 160 9 80
76. .162 ... 1 10 66. .224 160 1 06
Sheep Fat lambs. Irter dropping 1626c
last Monday, reacted the following day and
so sharp has been the advance since then
that they are now selling 60066c higher
than at the) cloae of last week. . or right
around 76c higher than at the low time
Monday. Total receipts have been light
and on top of this only a small share of the
arrivals has been In killing flesh, so' with
packing demand In healthy condition, any
thing but a sharp upturn waa out of the
question. Best fat lambs hero Friday sold'
op to $10.96, a new October record. Some
medium range Iambs and comebacks from
feed lots are going around $10,40610.76, ao
cordlng to quality a
In tho aged sheep division 4he advance
has not been quite as rapid, but muttons
are selling 1604Oe higher than thty were
a week a so.
Despite the fact that the packer market
was moving up rapidly, the feeder trade has
been sluggish all week. Feeding lamb prices
are anywhere from weak to 10016 lower
on beat kinds, to as much as 16036c lower
on medium ana Plain offerings.
Quotations on sh-ep and lambs: Lambs,
good. to holce, $10.66010.10; iamba, fair to
load, ilo.40tfio.flb:- iambs, feeders. 16.7661
9.90; yearlings, good to choice, $f90O8.40,'
yeariings, lair io gooo, it. way ,.so; year
lings, feeders. $7.0006.00;. wethers, fair to
choice, $6.6007.90; ewes, 'good to choice,
$6.90 97.26; owes, fair to good, $4.3606.86;
ewes, plain to culls, $4.0006.76; eweo, feed
ing, $4.606.90; owes, breeders, all ages,
CHICAGO LJVE STOCK MARKET.
Cattle Market Reported Weak; Hogs Weak;
Chicago. Oct. 38. Cattle Rece Id ta. 1.006
head; market weak; native beef cattle, $6.60
ll. &; western steers. $6.1609.60: stockers
and feeders. $4.6607.76; cows and heifers,
to.ivi,; caiveu; 17.oeou.ou.
Hogs Receipts, 16,000; market weak. 6
10c below yesterday's average; bulk of sales.
$9.70010.10; light, $9.4610.16; mixed.
$9.60010.30; heavy, $9.6010.30; rough,
$9.6009-76; pigs, $7.6009.36.
Sheep and Lambs Receipts. 3,000 head:
market firm; wethers. I7.26O9.60; owes,
$1.9007.60; lambs, tM 11.16.
St Joseph Uve Slock Market . ' '
St. Joseph, Oct 28. Cattle Reoeelpts, 609
head ; market steady ; steers, $6.60 0 10.69;
cows and heifers, $4.2609.75; calves, $7,000
Hogs Receipts, 4,600 heagl ; i market
steady to 6c higher; top, $10.16; bulk of
. Shoep and Imba No receipts; mkrkot
unchanged; lambs, $19.69.fU.96; ewes, $7.09
St. La! Uvo tHock.
St. Louis.. Oct 18. Cattle Receipts. 900
head; market ateady; native beef steers.
$7.56011-90; yearling steers and heifers.
$8.50011.16; cows, $5.6007.65; stockers and
feeders, $6.3007.66; prime southern steers,
$6.0009.00; cows and heifers, $4.6007.60;
prime yearling steer and heifers, $7,500
$.00; native calves. $fi.O010.76.
Hogs Receipts, 4,600 head; market lower; .
lights. $1.76010-10; pigs, $8.609.40; mixed
and butchers $9.70010.20; good heavy.
$10.2619.$9; bulk of sales, $1.80010-20.
Sheep and Lambs Receipts. 400 head;
market steady; lambs. $7.50 10.76; ewes,
IS, 7607.16; yearlings, $8.008.76.
glonx City Live Stock Market.
Sioux City. Ia., Oct 18. Cattle Receipts,
100 head ;j no market
' Hogs Receipts; 2.00Q head; market 6c
higher; light, $9.&609.66; mixed, $9.669.70;
heavy, $1.709.80; bulk of sales, $9.609.T6.
Sheep and Lambs Receipts, 600 head ;
market steady; lam be. $9,10010.16.
OU and Rosin.
Savannah, Oct. 18. Turpentine Firm,
44c; sales, 91 bbls.; receipts, 229 bbla.;
ship menu. 49 bbls.; stock, 18,121 bbls.
Rosin Firm: sales, 1,937 caslts; receipts,
938 casks; shipments, 133 casks: stork,
6,612 cssks. Quote: A, B, C, D, $.S0; E,
F, O, $6.16; H.T K, M, $6.35; W, $6.46; WU,
$6.60; WW, $6.60.
i ' Cottoa Market
s New Tork, Oct 38.--Cotton Futures open
ed barely steadv: December. 18.97c; Janu
ary, 18.10c: March 18.95c; May, 19.99c; July.
Omaha, ' Oct. $9. Bank clearings for
Omaha today wer $4,756,411.96 and for the
corresponding day laat year $1,069,100.91.
The total clearings for the weeek ending
today were $19,191,691.11 and for the cor
responding week laat year I..616.U3.1IV
' Pry tieds Market . v ,.
New Tork. Oct 29. -Cotton goods and
yarns were very firm today, and advanced.
Burlaps were In good-Tdemknd, especially
light weights. Linens x were firm. Knit
goods wer active. r
of Great Britain
Dated November 1, 1916
512 SECURED LOAN GOLD NOTES , r
t . Interest payable May 1 and November 1
; . $150000000 Three-tear Notes due November 1, 1919
$150000000 Five-Year Note due November 1, 1912 s
v. ' DIRECT OBLIGATIONS OF THE GOVERNMENT
Principal and interest payable in United States gold coin, at the office of J. P. Morgan& Co., or, at the option of the holder,
in London in sterling at the fixed rate of $4MYi to the pound.
1 ' " - 7 r. . . '
Principal and interest payable without deduction for any British'taxes, present or future.
Coupon Notes of $1000, $5000 and $10000 '
, 105 and interest
104 and interest
103 and interest
102 and. interest
101 and interest
Redeemable at the option of the Government, in whole or m part, on thirty (SO) days notice, as follows: ,1
i From November 1. 1916 to October 31, 1917 inclusive 103 and interest
1,1917 " 31,1918 102 ana interest
J. 1918 ' " 31, 1919 " 101 and interest
1.1919 " 31,1920
1.1920 " 31,1921
To be secured by pledge with Guaranty Trust Company of New York, under a pledge agreement executed by the Government of securities approve
by J. P. Morgan & Co., of on aggregate value of not less than $360,000,000, calculated on the jbjsis of then prevailing market prices, sterling securities being
valued in dollars at the prevailing rate of exchange, viz; V ;
Group I. Stocks, bond, and or othar sacuritiat of Amsriut corporations (iacludinf th Canadian Pacific ' '
v v Railway Company) and bonds and or other oblifation, (aithar as makar or guarantor) of ' '
tho Gorarnment of tho Dominion of Canada, tha Colony of Newfoundland, and or province, of
tho Dominion of Canada, and or Canadian municipalitiatt Aggragata walua not lott than $180,000,000
' (Of tho forogoing thara will ba aomawhat orar $100,000,000 hi aggragata waluo of lacuritiat of ear- ,
porathtnt of tho United Statat and of tha Canadian facitic Kallway company.;
Croup II. Bonds and or other obligation! (either at maker or guarantor) of any or all of the saTaral r v "'I ..
following lioernmentt, to wtti lommonweaitn 01 Australia, union or. aouin amu, new eaiana,
Argentina, Chile, Cuba, Japan, Egypt, and India, and or approximately $25,000,000 value in ,
bonds or other obligationt of dividend-paying Britith railway companies: , . , ... '
Aggregate yalue not lett than $110,000,000
' ' " Toul $360,ooo,ooo
Pending' the arrival and deposit of definite securities as above, the Government is to deposit temporarily with thVrust Company
either approved New York Stock Exchange collateral or cash. " r . ;. . " '. "
.:- ' ' ' ' ' i ' . '. , .1 - '" ' - "' ''ft': ' .
If the pledged securities depreciate in value, the Government is to deposit additional securities maintain the 20 margin.
The Government is to reserve the righfrom time to time to sell for cash any of the pledged securities, the proceeds of sale to be
applied to the retirement of notes by purchaser or by redemption by lot. "
v Upon the retirement of the three-year notes, a proportionate amount of the collateral may be withdrawn approximately ratably
from each class. K ' t ' '' " ;
The Government also from time to time may make substitutions of securities, but such substitutions are not to -vary the then
relative amounts in value of the groups. All substitutions, withdrawals and valuations of securities are to be approved by J. P. Morgan
. & Co. ' . '. '
... ' ' a
This offering is made subject to the approval by our Counsel of necessary formalities.
jVE OFFER THE ABOVE NOTES FOR SUBSCRIPTION AS FOLLOWS:
, The Three-Year Notes at 99V4 and interest, yielding over 5 5 per cent. .
The Five-Year Notes at 98 and interest, yielding about 5J85 percent. -
; :, ... ; , . .. .. -.: ; ., ; " v ' ' '' 1 ' '
Subscription books will be opened at the office of J. P. Morgan & Co., at' 10 o'clock A. M., October 31, 1916, and will be closed
at 10 o'clock, A.M., November 8, 1916, or earlier, in their discretion.
-- ' . ; ' ". , - ; - ...... ...-' ' . ,
THE RIGHT RESERVED TO REJECT ANY AND ALL APPLICATIONS, AND ALSO, IN ANY EVENT, TO AWARD A SMALLER
, ( , AMOUNT THAN APPLIED FOR. v ;
AMOUNTS DUE ON ALLOTMENTS WILL BE PAYABLE AT THE OFFICE OF J. P. MORGAN & C0, IN NEW YORK FUNDS, TO
THEIR ORDER, AND THE DATE OF PAYMENT WILL BE GIVEN IN THE NOTICES OF ALLOTMENT.
, ' "'" ' Tmfumni certificates M be delivered pending iki tngrmitg of the iefinitm notes.'.
rflRST NATIONAL BANK
' New York City
BROWN BROTHERS & CO.
KIDDER, PEABODY & CO.
KISSEL, KINNICVTT & CO.
NATIONAL CITY COMPANY
"J . New York City
r. WM. A. READ & CO.
LEE, HIGGINSON & CO.
WHITE, WELD & CO.
J. P. MORGANA CO, ,
, HARRIS TRUST & SAVINGS BANK
, Chicago ,' 1
. & W. SELIGMAN & CO.
... . GUARANTY TRUST COMPANY of New York , , . . .
BANKERS TRUST COMPANY . FARMERS LOAN & TRUST COMPANY
. New York City ' ; ' ... ''. .'. . NeJ" J0 Cit" .
CENTRAL TRUST COMPANY OF ILLINOIS HALSEY, STUART & CO.
Chicago. , - " Chicago
CONTINENTAL AND COMMERCIAL TRUST AND SAVINGS BANK, Chicago
' - ; UNION TRUST COMPANY
; v Pittsburgh
MARINE NATIONAL BANK
v . - Buffalo
FIRST & OLD DETROIT NATIONAL BANK, Detroit y
New York, October SO, 1916.
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