THE BEE: UMAHA. FKIDAY, MAKLH
1920.
Market, Financial and Industrial News of the Day
live Stock !
Financial
Omaha, March tl.
Receipt were: Cattle, llors. Shep.
Official Monday .... I.6t H.J 6.412
Official Tuesday.... (.S2 1S,64 I.10J
Official Wednesday.. C.040 14.181 T.80I
Four days thla waak 25,17 11.141 K.SI2
Jt.ma Am.vm mmt walr 97 JM 4 14 11 020
8am 1 waeka aso .23,141 43.S4I 17,1(0
Ham I weeks eio.H.Kl 11.98 15.619
8ama da a year ago. 1 J, 10 (8.101 2(,11(
Receipts and disposition of Itva atoek
at the Union Stork yards, Omaha, Neb.,
for 14 houre endlnf at 1 o'clock p. m.,
March :. 1(20.
RECEIPTS.
HoriM and
Cattle. Hogs. Sheep. Mulei.
Missouri fanric 4
Vulon Pai-lfic... 54 4
f. A N. W., east 1 1
f.. tk S. W., west 97 1
'. Pt. P. M. & O 17 2
I.-., B. ft Q.. east T 1
I'., H. & (J., Meat 44 f S
( R. I. & V .east 17 7
C, Tl. I. A P. west 1
Illinois Central. 1
Chi. GU West.. 4 1
Total 189 241
DISPOSITION.
It
Morris ft Co..
Swift ft Co l.U
t.'uilahy racking Co.. 1,079
Cattle Hogs. Sheep.
l5l 1,:I3 241
3,714
4.849
3,553
841
1,(32
86
234
1,109
1,0(0
275
it
1.179
62
Armour ft Co
s:hwarts ft o....,
.7. W. Murphy
Lincoln Tark. Co.... 61
Ho. Omaha Pack. Co.,
WIlTKlns Packing Co.. 4
Muyennich & Vail.. 7
(llaaHberir 1
SF. ODe
"Wilson ft Co 31
W. B. Van Sant ft Co.
V. P. I-owls 10
J. B. Hoot ft Co.... 30
J. H. Bulla , 7
Rosanstork Rroa..... 61
V. a. Kellogs.. 3
Wertbelmer ft Degen 119
Kills ft Co ,, . 12
Sullivan Broa 13
-A. Rothchtld 6
Jlo.-Kan. ft c. Co. 107
K. G. Christie 61
Baker 45
John Ifarvey 617
Jensen ft Lundgren.. 60
Cheek Krebs ' 10
Omaha Packing Co... t
Knoxvllle , .....
Wolf .. .....
Vinegar
Bklnner ., (A
lher Buyers 1,005 1,608
Cattle Receipt of cattle were esti
mated at 4.400 )rtal as compared with
yesterday's official figures of 6,000 head.
Total for tha four da la 25,200 or 2.000
leas than for the same period last week.
Heavy ateers aold about steady prices
thla morning with a top of (13.76: year
lings were a little stronger If anything.
As compared with a week ago heavy
weights with any quality are about steady
with the big rough kinds a little lower
If anything. Yearlings looked strong. The
row market was generally on a steady
basis with soma sales a little higher than
yesterday's close. As compared with last
Friday prices are a big quarter higher and
In soma cases 25040c up. There has been
little change In feeder trade all week and
values are about atcady with the close
of previous week.
Quotations on cattle: Good to choice
beeves, tl2.60jjl!.76; fair to good beeves,
111.604J12.50; common to fair beeves,
110.0011.50; good te choice yearlings,
112. 00(913.25; fair to good yearlings, 110.00
O12.00; common to fair yearlings, 19.00
11.75; good to choice heifers. 18.75 ii 10.00;
choice to prime cows, 110. OOP 11.60; good
to cholre cows, 1S.6010.00; fair to good
rows. $7.008.25; common to fair cows,
14.267.00; choice to prime feeders, (10.60
(tp 1 2.00 -. good to choice feeders, (9.76 09)
10.60. medium to good feeders, 18 60(S
75: common to fair feeders, 17.608.6O;
good to cholca stockers. (9.6010.60; fair
to good stockers, (7.76 9 9.60; common to
fair stockers. !C.0087.76; stock heifers,
!6.609.OO; stock cows, 1S.OO8.60; stock
calves, (6.00010.60; veal calves, (9.60
16.60, bulls, stags, etc. 17.000 10.00.
STEERS AND HEIFERS.
At. Pr. No. A v. Pr.
(1 $10 26 11 911 (10 60
961 11 00 15 702 H 25
She Ntt&Srrrk Sunt.
Chicago Tribune-Omaha Bee Leased Wire.
y New York, March 25. Thought
of a stiff call money rate caused
traders in stocks to act cautiously
on the buying side today before the
money market opened, and afterward
prices moved uncertainly until near
the close of business. In the final
half hour short covering imparted
a show of strength to steel, petrole
um, copper and motor issues, while
the other departments were irregu
lar. The character of dealings told little of
underlying Influences. The call loan rate
moved up from to 12 per cent, but It
was hardly as much' the action of the
quotation aa a vague feeling of pending
developments in respect to credit that
prumoted careful operations la the stock
market.
The street had considered, prior to
Wednesdays tightening of temporary
loans, that a prrlod of several weeks' easy
money was at hand, and now the Impres
sion seems to be growing that this sup
position was founded on a ahaky founda
tion. Study of the market loan situation
Is catering more than before upon the de
mands which Interior banks will have
shortly.
tat Loan Called.
It Is understood that aubstantlal with
drawals of Interior bank deposits have
been made this week, necessitating some
callinr of loana here, a process which went
on today. Banking comment deals with
tha probability that the need lor tunas
In the farming regions will ba equal to
last year's call In tha spring, and will
find ahead of It a commercial credit
structure considerably larger than a year
ago.
Monetary ease or tightness for tha neit
few weoks is made difficult of predic
tion, not because of agricultural ana com
mercial requirements, but for the reason
that transactions entailed In the pay
ment of Income taxes. In government
financing and in the placing of a round
amount of new corporate securities are not
yet to be sized up.
Bank Statements Interesting.
The end of the week bank statements
will ba Interesting on acount of these
various elements, not the least of which
Is the new financing In process of comple
tion together with the promise of more
to come within a, few days. The funded
obligations which have appeared recently.
Including (16,000,000 6-year, 1 per cent
notes by a prominent oil company today.
offer a high return and appeal to payera
of income surtaxes as well as omers,
lut the point affecting bank credit Is
that It takes some time to distribute
mlllons of paper. In the meantime, the
securities have to be financed.
Italian Kxchange Heavy.
Italian exchange displayed a heavy
tone, but sterling was buoyant, reaching
a new high record for tha year at (3.(8,
and French and Belgian quotations ad
vanced. The Banlt of England's weekly
report showed a loss of (12.000,000 tn
gold with a consequent reduction of the
reserve ratio. Inasmuch as the banlt
had been gaining gold since the opening
of the year, the loss drew attention. It
was not explained In any way. An Idea
that gold had been shipped to another
country, Canada, for example, for later
transfer to the United States would be
open to question, If It still remained the
bank's property, for It would still be
counted as reserve.
Ne.
17.
14.
21.
14.
11.
21.
.. 861 11 60
.. 922 11 16
.. 101 11 50
BTKEK3.
14 1090 11 60 14
847 II 16
80S 13 00
12 85
(09 11 75
14 709 11 40
9.
14.
14 1092
IS 961 12 75
18 ISO! 13 75
12..
17..
21..
10..
. 95 11 TS
...1041 11 0
..,1340 12 25
11S 12 60
...1039 12 IS
11 91
12 101
1.
COWS.
i 25 14.
...1000 60
...1060 10 00
10
76 16.
.1111 11 06
HEIFERS.
S 76 S T84 11 11
BULLS.
T 50 1 149 1 00
1 25 4 1457 I 60
CALVS.
7 25 2 285 11 60
1
111
.114
.1400
. 27T
6 192 11 00
1.
250 14
121 15 60
290 13 60
1 265 15 00
Uojg Receipts of hogs were liberal
again today, estimates calling for 18,700
head. Trade was fairly active on the
light and good butcher weights, opening
prices being 26o lower than yesterday, the
undertone was weak, however, and prices
gradually slipped, many of the late sales
of strong weights and heavy hogs being
as much as 60o lower. Heavy hogs were
. . 1 A .... ...... Dn ...a 9 'i 6fl T fl fl
and more lower. The general market was
nuotably 2550o lower with bulk ot sales
.IJ.UUn'll.lD. .I1U LOU Ul (IM.Vh
HOGS.
Av. 8h. Pr. No. Av.
40 113 00
13 75
14 00
14 26
14 85
14 6
14 0
14 5
It 0
70
61. .353
68. .276
62. .264
64. .266
64. .251
27. .239
99. .216
11. .211
Sh. Pr.
... $13 25
... 12 90
... 14 10
... 14 10
... 14 40
... 14 60
40 -14 80
... 15 00
of sheep
IK. .380
fl3..30
W6..270
8. .261
7. .215
(5. .221
19. .516
7.,223
fik..n ani Tjimhs Arrlvala
and lambs were lljnited to about 4.30
head. Packers needed killing material
and trade ruled fairly active at email aa
vaneos. Most of the fat lambs here sold
at flgurea 150250 higher, but nothing
light and choice was received with which
to make a representative top. Some good
heavy lambs brought $18.90 and medium
weights sold around $19.00, with two or
three sales of 75 to (5 lb. lambs reported
at $19.25. A shipment of 79-lb. fed west
erns topped at $19.40. Indicating an out
side price of $19.6019.66 tor choice light
Mexicans. A few ewes on sals ruled
strong, some 113-lb. ewes bringing $13.76.
There was very little 'doing In shearers
and feeders and thla branch of the trade
remained nominally steady. One string
of ordinary light shearing lambs were
wanted at $18.00. -
Quotations of sheep and lambs: Lambs,
good to choice. $19.0019.65; lambs, fair
to good, $18.25018.(0; shearing lambs,
$17.50019.25; feeding lambs, . $16,000
17.26; cull lambs. $14.00015.50; yearlings,
$16.00017.25; wethers, $13.25014.50; ewes,
good to choice, $13.66014.25; ewes, fair to
good, $11.50013.50; lanby ewes, $9,000
14.00; ewes, culls and canners, $8,000
14.0. , . x
FAT LAMBS.
..No. Av. Pr. No.
181 fed... 82 $19 00 162 fed..
13 fed... 97 18 00 134 fed..
TO! fed... 74 IS 75
SHEARING LAMBS.
461 fed... (1 19 90
FEEDER EWES.
....-.. 10 9 0
FEEDER LAMBS.
10 fed... 17 17 0 47 fed..
15 fed... 18 00
FAT EWES.
sea xea. ..us is Tt
Av. Pr.
. 89 $18 90
74 19 25
(7 17 (0
New York Quotations
Numbr of sales and range
the leading stocks.
Sales. High.
A. B. Sugar 4U0 87
Airier. Can 6.600 47 i
A. C. and F. . . 2,400 139'4
A. II ft L, Pfd. 4,000 114U
Amer. Loco 12,700 102
Amer. S. & R. .. 1,800 67
Amer. S. R 100 129
Amer. Sum. T... 9,800 103
Amer. T. ft T. ... 1,200 97 54
Amer. Z, L. ft S. . 200 19
Ana. Cop 9,700 63
Atchison 1,400 83 ii
Atl., Q ft W I. 8 S 1,700 167
Blad. Loco. ...109,000 134
of prices of
Baltl. & O. . .
Beth. S. "B"
B. & 8. Cop.
Cat. Pet
Can. Taclflo
. . 2,100 Sf,
..Zo.ooo Kb
.. 900 261
.. 1,800 38'
A 800 123
Central Lether .. 1,100 86
Chcs. ft Ohio
C, M. ft St. P. ... 4,600 174
Chi. & N. W 800 17'
Chi., R. I. ft P.. 6,100 36
Chlno Cop. 1.40 364
Col. F. ft L .... 300 SS
Corn Prod 10.700 924
Crucible Steel ....12.700 242 54
Cuba Cane S. ... 300 484
D. S. Corp 40
Krle 1,600 14
(ion. Elct 600 15
Gen. Motors 35,600 384
Ot. Nor., Pfd. . . 800 81
Gt. N. Ore. Ctfs. . 4.200 401J
in. central
In. Copper
Int. M. M., Pfd.
Inter. Nickel ...
Inter. Paper . . .
Kennecott Cop. .
L. ft Nashville .
Mex. Petroleum
Miami Conpvr
Midvale Steel
Mo. Pacifio . ,
N. T. Central
N. T., N. H. ft H. 6,000 3494
X. ft Western ... 600 95
No. Pacific 1,300 804
P. Am. Petroleum.49.600 99
Pennsylvania . .. 900 43
Pitts, ft W. Va... 2.700 30i
rittsburgh coal
Ray Con. Cop.
Reading ,
Rep. I. ft Steel
Shat.. Ariz.. C.
Sinclair O. ft R.. 24, 400 42fe
So. Paclflo 13.900 108ifc
So. Railway 3.900 23
Stude. Corp 41,000 104
Terae Co 18,900 209
Tobacco P 4,500 71 4
Union Pacific .... 4.600 119
U. C. Stores ....11,900 784
U. S. I. Alcohol ..18.000 94
U. S. Steel 76,000 102
V. 8. Steel pfd... 1,200 112
Utah Copper .... 2,700 77
West. Electric ... 900 52
Willys-Overland .1S.800 24ft
National Lead .. 400 81
Ohio Cities 2.400 434
Royal Dutch 9,500 102
Low.
17
46
136
111
994
65
129
98
97
19
61
82
156
129
35
82
26
38
1214
M
16
87
36
33
37
90
235
46
Close.
87
474
138
114
102
67
129
103
97
19
63
82
167
133
35
95
26
38
122
(54
664
36
874
36
. S6
38
92V4
242
400 91
6.200 68
1.800 93
2.700 21
9,800 84
4,000 31
ion ma
. .28,800 197
. . 600 23
. . 5,300 46
.. 1.900 28
4, hUU 74
700 69
600 IB
.15.000 85
.68,300 106
1,2110 11
13.
163
360
80
39
90
66
91
21
82
30
105
189 -23
45
28
73
83
95
79
96
42
30
69
18
63
101
11
41
99
23
99
202
68
119
76
91
100
112
74
62
24
80
42
100
13
167
184
80
40
90
58
93
21
84
31
105
197
23
46
28
74
33
95
79
99
42
30
59
18
84
106
1154
41
108
23
104
209
71
119
78
93
102
112
77
62
24
80
43
100
Bid.
83,
77
64
IT. S. 2s, reg.,101
U. S. 2s. COU..10U
U. S. 4s, reg.106
U. a ev. 4s, C.106
Pan. 3s, reg.. 86
Pan. 3s, cou.. 86
A.T.ftT.cv.6s. .
A. -French 6s.
ArmourCo,4s
Atch. gen. 4s.
B. ft0.cv.4s..
B. Steel ret, 6s (4
cen. i.eatn. ts. 9b
Cen. Pac. 1st.. 72
C. & O. ev. 5s.. 78
C.B.&Q.Jt4a.. 94
CM.S.P.cv.4.,71
C.R.I.&P.ref.4s. '6
CCop.col.tst. 6s. 72
City ot Paria 6s 89
C. &aref.4s.. 72
D.ftR.G.con.ls. 64
D. ofC.6s.l931... 90
Bond List.
L C. ref. 4s 71
I. M. M. 6.... 89
K. C. S. ref. 6s 69
L. ft N. on. 4s.. 81
M.K.&T.lst 4s.. 67
M. P. gen. 4s.. 56
96 1 Mont. Pow. 6s. 854
ST(i. T. C; deb. 6s 92
N. P. 4S 74 It
N. P. 3s 63
O. S. L. ret 4s. (0
f. x. ft t. ts. . 84
Penn. con. 4s 89
Penn. gen. 5s... 89
Reading gen. 4s 78
S.L.ftS.F.ad.(s.. 64
8. P. cv. 6s.... 102
S. Ry. 6s 85
Tex. Co; cv. 6s.. 104
-lex. & rac ist ll
U. P. 4s 12
U. K. of G. B. ft
I. 6s, 137.. 17
Erie gen. 4s.... 46 TJ. S. Rub. 6s... 14
Gen. Elee, 6s... 88 IT. 8. Steel 6s... 16
-u. .m. isiefts, sa w a Dae a isi...,. sg
Bid.
A Real Investment'
Chance
- , . "
A Nebraska corporation, established seven years, has
reorganized, is increasing its capital, ERECTING A
NEW FLANT and BUYING ANOTHER ONE, to
take care of the tremendous demand for its products.
A market for the entire output of our
, THREE FACTORIES is already assured.
Any man "who wishes to participate in the success of
this great industry should get in touch with us at
once. We will make room on our board of directors
for one or twd men who wish to join, us on a sub
stantial basis. We are offering this limited amount
of stock, both common and preferred, at par, $100
per share.
Full details will be sent on request.
Box X-39, Omaha Bee
Omaha Grab
Omaha. Keb., March 26.
Wheat had a ready sale at about un
changed prices. Corn ranged unchanged
to cent higher. Buyers took the offer
ings of this cereal freely. Early trading
waa largely In thla grain. Oats were un
changed to cent up. Ry and barley
were unchanged. Corn receipts today were
T cars, wheat 16 cars and oats 26 cars.
lash salea were:
Wheat No. 2 hard. 1 ear, $2.60; 1 car,
$2.69 (smutty); 2 cars. $2.68; 1 car. $2.67;
No. 1 hard, 1 car, $2.66; 1 car, $2.65; 1
car, $2.64; 1 car. $2.54,smutty) ; 3 cars,
$2.61 (smutty); No. 4 hard, 1 car, (2.61:
1 car, $2.41 (smutty); 1 car, $2.46
(smutty: 1 car, $2.43; sample hard. 1 car,
$2.40 (smutty, 16.8 per cent moisture);
No. 1 mixed, 1 car. $2.65.
Corn No. I white, 6 cars, $1.5$; No. 4
white, 4 cars, $1.50; No. ( white, 1 car,
$1.49; 1 car, $1.41 (Shipper's weights);
No. white. 3-6 car. $1.46; No. 3 yellow,
1 car, $1.64 (shlpper'a weights); 1 car,
$1.54; 1 cars, $1.63; No. 4 yellow. 4 cars,
$1.52; 1 ear. $1.52 (shipper's weights);
4 cars, $1.61; 2 cars. $1.61 (shipper's
weights); No. 6 yellow, 2 cars, $1.48;
1 car, $1.41 (shipper's weights); No. 6
yellow, 1 car, $1.60 (shipper's weights);
1 car, $1.46 (sour); No, 2 mixed, 1 car,
11.62; 2 cars, $1.(1; No. 4 mixed, 1 car,
$1.49; No. 6 mixed. 1 car, $1.47; 1 car,
$1.47 (shipper's weights); sample mixed,
1 car. $1.36 (hot.)
Oats No. 1 white, 2 cars, Se (shipper's
weights): (2-6 cars, 2c; No. 4 white,
2 cars, 92c; 1 car, 2c.
Rye No. 2, 2-S car. $1.70; No. 1, 1 car,
$1.69; No. 4, 1 car, $1.67.
OMAHA GRAIN MOVEMENT.
Receipts Today. Wk ago. Tr ago.
Wheat 15 32 12
Corn 74 39 111
Oats 26 13 II
Rye 7 6 8
Barley 4 2 17
Shipments'
Wheat (0 14 (0
Corn 67 15 43
Oats 13 2'. 35
Rye 1 3 7
Barley 2 1' (
RECEIPTS IN CITHER MARKETS.
Wheat. Corn. Oats.
Chicago 8 l.'.S 69
Kansaa City., 146 36 12
St. LOUIS .... 3b 67 34
Minneapolis ..131 ... ....
Duluth S
Winnipeg ....106 ... ...
OMAHA GRAIN IN'SEPECTION.
The number of cars of grain of the
several grades Inspected "In" here dur
ing the past 24 hours follows:
Wheat No. 2 hard, 6 cars; No. 2 hard,
6 cars; No. 4 hard, 2 cars; No. 5 hard,
1 car; No. 1 mixed, 1 car. Total 16 cara.
Corn No. 3 white, 3 cars; No. 4 white,
1 cars; No. 6 white, 2 cars; No. 4 yellow,
12 cars No. 6 yellow, 8 cars; No. 6 yel
low, 1 car; sample yellow, 1 car; No. 4
mixed, 6 cars; No. 6 mixed. 12 cars; No. 6
mixed,' 3 cars; sample llxed, 1 car. Total,
67 cars.
Oats No. 2 white, $ cars; No. 2 white,
17 cars; No. 4 white, 4 cars. Total 24 cars.
Rye No. 2, 1 car; No. 3, 1 car; No. 4,
1 car; sample, 1 car. Total, 4 cars.
Barley No. 1, ,1 car; rejected, 2 cars.
Total, 3 cars.
PRIMART RECEIPTS AND SHIPMENTS.
Today Tear Ago
Receipts Today
Wheat 641,000 366,000
Corn 716,000 6.69,000
Oats 670,000 640,000
Shipments
Wheat 492,000 176,000
Corn 351,000 309,000
Oats 417,000 648,000
EXPORT CLEARANCES.
Wheat and Flour 164,000 680,000
Oats 49,000
Government weekly weather and crop
report says: The temperature during the
week was generally favorable for the
cereal crops, and there was ample Boll
moisture except from Kansas southward,
where rain is needed. Winter wheat and
other grains Improved somewhat In nearly
all sections of the country under these
favorable conditions, but wheat came
through) the winter In rather poor shape
In many local i tie and Is responding rath
er slowly to the recently favorable condi
tions, particularly n parts of Ohio and
lower Missouri valley. The dry weather
also has retarded the growth of small
grains In the southwest.
Plowing and seeding of spring grains
made good progress from Texas and Louis
iana northward, but continued wet soil
has further delayed this work in nearly
all sections east- of the Mississippi river.
In the great plains area the seeding of
spring grains has progressed northward to
southern Nebraska and ha become gen
eral in Kansas.
The Chicago Price Current aays: "Tt
Is yet too early to estimate tha growth
condition of winter wheat or tha amount
of the abandoned acreage with any de
gree of certainty. Our reports indicate
that the surplus winter wheat states will
start off with an average growth condi
tion ot not better than 76 per cent and
that the abandoned acreage will average
about 15 per cent. These figures are only
tentative, however. Reports of damage
by Hessian fly throughout Ohio, Indiana
and Illnois are still persistent and drouth
and high winds have done more or less
damage in Kansas and Oklahoma. Soil
condition ia mostly favorable, but too
wet in some portions of Ohio and In
diana, almost entirely favorable in Illi
nois, Missouri, Iowa and Nebraska, but
largely too dry In Kansas and Oklahoma.
Spring rains needed in the southwest for
the best growth of grain crops."
Minneapolis Grain.
Minneapolis, March 26. Flour Un
changed. ,
Barley $1.301.66.
Rye No. 2, $1.731.74.
Bran $48.00.
Wheat $2.76 02.90.
Corn No. 3 yellow, $1.561 56.
Oats No. 3 white. 8889c.
Flax $4.494.54.
Chicago Grain
By CHARLES D. MICHAELS.
Chicago Tribune-Omaha Bee Leased Wire.
Chicago, March 25. A collapse of
the advancing tendency in grains
fcme in the last hour today with
a drop .in prices which forced out
a lot of long corn and oats. Bearish
rumors were afloat and although
they had no basis in fact their effect
was marked.
Profit-taking at the last made a small
rally from the inside. Net losses were
2 Vic to JVjc on corn, Ho to 2o on oats
and 2o to 2o on rye.
Corn prices fluctuated in a most er
ratic manner within a range of 46c and
closed on a small rally from the bottom,
due to evening up on the part ot aborts.
There was a lack of outside support and
while several good rallies were made early,
persistent selling by longs filled up buy
ers and toward the last liquidation of
several large long lines uncovered stop
orders and a bad break followed. Sell
era of bids had to protect themselves.
Sample values were unchanged to 1c
higher early and nominally l2o lower at
the close In sympathy with futures.
Exporters Advance Bids.
Exporters advanced their bids on wheat
2o over night and bought 10,000 bushels
No. 2 red hers at $2.75 track, New York.
Winter wheats were unchanged to 3c
higher with No. Vhard $2.50. and springs
nominally 3(96c higher.
Longs were free sellers of oats on an
early bulge, and with corn weak a sharp
decline was easily attained, and the great
er part of it maintained at the last.
Sellers of offers had to protect them
selves. Southern marketa materially out
bid Chicago; downstate, -Louisville and
Cairo offering 3ft95o at Illinois load
ing stations for No. 2 white, while at
Memphis, (1.02 was paid Wednesday.
Premiums on No. 2 white here were firmer
at 8H94c over May. Sample values
unchanged to Ho higher, closing with
the advance lost.
Houses with seaboard connections bought
rye early, but the market weakened with
other grains and closed about the bottom.
Exports bids were advanced hio to 1514.0
over May. track Baltimore, a new high
basis on the crop with no sales reported.
No. 2 on track brought $1.71. - .
Barley sold readily at unchanged prices,
even feed grades moving freely. Spot
sales were at $1.491.61.
By TTpdlke Grain Co., D. 2627. March H.
Art. Open. I High. Low.
Com
Mch. 1.61 1.11
May 1.66 1 1.67
July 1.60 1.63
Sept 1.47 1.48 'i
Rye
May 1.76 1.76
July 1.73 1.72
Oats
May .8714 .'7
July .80 .80
Pork
May 37.60 37.60
July 37.80 37.80
Lard
May 21.40 21.40
July 22.15 22.17
Ribs
May 19.12 I 19.12
July 19.67 19.67
1.61
1.62
1.41
1.44
1.71
1.68
.86 '
.77
26.60
36.50
20.40
21.12
18.80
19.30
Close
1.68
1.63U
1.48
1.45
1.73
1.69
.15
78H
36.60
36.60
20.67
21.47
18.90
19.40 '
Vent'y
l.M
1.66
1.61
1.47
1.76
1.70
.7
.79
37.80
38.00
11.(0'
22.2,6
19.25
19.77
Kansas City Grain.
Kansas City, Mo.. March 26. Close:
Corn. May. $1.49 (21.49 ; July, $1.46
1.46; September, $1.42.
St. liouu Grain.
St. Louis. Mo., March 25. Corn May,
$1.65 asked; July, $1.49 asked.
Oats 88 c.
New l'ork Money.
New York. March 25. Prime Mercan
tile Paper Unchanged.
Exchange Strong.
Sterling Sixty-day bills, $3.80; commer
cial 60-day bills on-anks, $3.80; commer
cial 60-day bills, $3.79; demand, $3.64;
cables, $3.84. . .
Francs Demand, 14.22; cables. 14.20. ,
Belgian Francs Demand, 13.72; cables,
13.70.
Guilders Demand, S6c; cables, 16c.
Lire Demand, 19.72; cables, 19.70.
Marks Demand, 1.30c; cables, 1.32c.
Bonds Government, heavy; railroad,
Irregular.
Time Loans Strong; unchanged.
Call Money Strong; high. 12 per cent;
low, 9 per cent; ruling rate, 9 per cent;
closing bid, 11 per cent; offered at 13
per cent; last loan, 13 per cent; bank
acceptances, 6 per cent.
Sterling mads a further notable ad
vance in the late dealings, 60-day bill
selling at 13.82; commercial 60-day bills
on hanks, $3.82; commercial 60-day bills,
$3.S2; demand, $3.86; cables, $3.87.
A St. Louis Live Stock.
East St. Louis, 111., March 26. Cattle
Receipts, 2,000 head; market steady; beef
steers, medium and heavyweight, choice
and prime, I13.7514.60; lightweight, good
and choice, 112.00014. 25; common and
medium, (9.00ig11.76; butcher cattle, heif
ers, (7.7513.7B; cows, $7.50011.25; veal
calves. $13.0018.00.
Hogs Receipts, 8,500 head; market 25
60o lower; top,, $16.40; bulk, $16,600
16.25.
Sheep and Lambs Receipts, 600 head;
lambs, 25c higher; sheep steady.
Turpentine and Rosin.
Savannah, Ga., March 25. Turpentine
Firm; $2.18: sales hid and refused; re.
celpts, 14 bbls. ; shipments, 9 bbls. ; stock,
1,624 bbls.
Rosin Firm; sales, 124 casks: receipts,
67 casks; shipments, 602 casks; stock,
20,517 casks.
Quote: B, $16.10; D, $17.36; E, $17.48;
P. G. H. T, $17.60; K, M, N, WG, $18.50;
WW, $19.00. v
New York Sugar.
New York, March 25. Raw Sugar
Easier; centrifugal, 12.79c; fine granu
lated, 14.00016.00c; futures quiet and un
changed during the forenoon.
The Future of Farming
and The J. I. Case Plow Works Company
'
.ryHE American fanner today represents the
I greatest single purchasing power in the world.
His expenditures necessary to conduct his busi
ness exceed that of all other industies in America
i combined.
According to the United States census, there are
6361,000 farms in this country and such is the
dependency of the entire world on the product
of. these farms that everything possible is
being done to encourage still greater production
by means of greater efficiency.
For forty-four years the farming implements
manufactured by the J. L CASE PLOW WORKS
. COMPANY have been a dependable element in
. ihe cost of producing food, and they have been a
Harge factor in securing greater faming efficiency.
Today because of new world conditions and the
new machinery necessary in profitable farming,
the J. I. Case Plow Works Company faces a
. new and prosperous era.
Its productions from plows to tractors have been
fully proven the demand for therri is already
greater than the company is in a position to
supply; the earnings of the company are exceed
ing all estimates; and the possibilities for a satis
factory investment in the securities of this com
pany are well worth investigation by conserva
tive investors. ,
We especially recommend consideration of the
First Preferred Stock of this company and shall
be glad to give those who desire to obtain full
details, some interesting facts.
A. B. Leach & Co., Inc.
Short Term Notes
Quotations furnished by Patera Trust
oompany. .
Am. Tel. A Tel. s. 1924...
Am. Tel. & Tel. s. 1926...
Am. Tobacco 7s, 1922
Am. Tobacco 7s, 1423
Anaconda Conner 6s. 1929.
Anglo-French Ext. 6s, 1920.
Bid.
,. 94
. 97V
,.100
,.101
. 94H
Asked.
4
(
1MH
101
5
7
100
96
, 9214
95
100
101
98
101 i
102
101U
(2
New Ydrk
Philadelphia
Boston .
Btitimora
Investment Securities
Minneapolis
Milwaukee
St. Louis
Cleveland
Detroit
Dututh
Cincinnati
105 South La Stile Street, Chicago
X
Armour Co. Con. Deb. (a, 120 99
British 6 Ha, 1921 95
Canada 6s, 1926 91
C B. tt Q. 4a. 1921 94
Cudahy Packing Co. 7s, 192S.. 99
Lehigh Valley 6s, 1923 100
Liggett & Myers 6s. 1921 98
Proctor & Gamble 7s, 192.,.. 100
Proctor & Gamble 7s, 1923.... 101
Union Pacifio 6s, 1928 100
Wilson Conv. 6s. 1928 91
Chicago Live Stgrk.
Chicago, March 26. Cattle Receipts,
12,000 head: estimated tomorrow, 6.000
head; market .firm; beef steers, medium
and heavywtight, choice and prims, (13.60
tP15.26; medium and food, $11.60013.60:
common, $10.25 11.60 ; lightweight, good
and choice, $12.10(914.76; common and
medium, (10.O0Sfl2.10; butcher cattle,
heifers, $7.6013.00; cows, (7.60(811.76;
canners and cutters. (5.007.40; veal
calves, (H.0017.25; feeder steers, (9.00
11.00; stockers steers, (7.5611.26.
Hogs Receipts, 32,000 head; estimated
tomorrow, 28,000 heart; market 250 to 60c
lower; bulk, $14.1015.60; top, $16.76;
heavy, $13.65614.85; medium, $14.60
15.65; light, $15.001575; light light,
$14.7516.60: heavy packing , sows,
smooth, $13.15013.65; packing sows,
rough, $13 013.00; pigs, $13.40915.26.
Sheep and Lambs Receipts, 8.000 head;
estimated tomorrow, 6.000 head; market
steady; lamb. 84 pounds down, $17,600
20.26: culls and common. (14.00W17.Ib:
ewes, medium, good and choice. $11,000
16.00; culls and common, (6.(010.75.
Kansas City LUs Stock.
Kansas Citv. Mo.. March 25. Cattle-
Receipts, 3,600 head; market ateady;
heavy beef steers, choice and prime,
$12.00014.10; medium and good, $11,260
12.86; common. $10.00011.15; lightweight,
good and choice, $11.60013. 25: common
and medium, $9.00011-60; butcher cattle,
heifers, $7.26013.25; cows. 96.90O12. 00;
canners and cutters, $4.6006.90; veal
calves. $14.50Ol25: feeder steers, $8.60
(piz.bo; stocker arecrs, i6.7b8m.4U.
Hogs Receipts. 6,500 head: market IS
and 26o lower; bulk, $14.00016.80;
heavies. $13.75014.26; mediums, (14.85
15.75; lignt. (i5.76Oie.00; packing sows,
$11.76012.80; pigs, $13.00016.00.
SheeD and Lambs Recelots. 3.000 head:
market steady; lambs, $16.76019.40; culls
and common. (12.Z5016.6O: yearling
wethers, $15.00 017-25; ewes, $11.50
14.25: culls and common, $5.B011.25;
breeding ewes, $9.90016-60; feeder lambs,
$14.25016.26.
Sioux City live Stock.
Sioux City. Ia.. Blarch 25. Cattle Re
celots. 1.600 head: market weakt beef
steers, choice, fed, $13.00014.00; short
red, iii.buiz.TB: warmed up, ij.vmu
11.25; beef cows, $7.0006-60; fat cows and
heifers, $9.0011.60; canners, $4.60
6.50: veal calves, I8.00W16.60: common
calves, $6.509.75; feeders, $8.60010.60;
stockers, $7.00010.00; feeding cows and
heifers and stringers. $6.0010.00.
Hogs Receipts. 9.000 head: market 10
to 25o lower; light, $14.75(316.25; mixed,
(14.60; heavy. $13.00014.00; bulk, $13.60
Via. uo.
Sheen and Lambs Receipts. COO head:
market strong.
St. Joseph Iln Stock.
St. JoseDh. March IS. Cattle Re
ceipts, 2,000 head; market steady; ateers,
(9.60i3.&u; cows ana neirers, f.ov(y
13 25; calves, $6.00014.60.
Hogs Recelots. 8.000 head: market
lower; top, $16.86; bulk, $13.76016.76.
Sheep and Lambs Receipts, 1,000 head;
market steady; Iambs, (18.50 19.60:
ewes. $14.00 15.00.
Omahans to Attend Hearing
On Federal Wheat Standard
A public hearing on the question
of whether there shall be changes
in the present federal standards for
wheat will be held at Chicago April
2, according to announcement made
by E. T. Meredith secretary of
agriculture.
A delegation ' from the Omaha
Grain exchange will attend the hear
ing, according to President O. M.
Smith, to express satisfaction with
certain proposals, in regard to the
hard red spring and durum grades
of wheat.
Farmers, country buyers, line and
terminal elevator men, commission
men, brokers, exporters, millets-J
grain inspectors and others inter
ested in the production, and utiliza
tion of wheat are expected to be
present. : - ,
Exports of Dairy Products
And Breadstuff s Decrease
Washington, . March 25. Exports
of breadstuffs and dairy products
decreased in February as compared
with the same month a year ago, but
cotton shipments increased both in
bulk and value, according to a re
view issued by the JJepartment ot
Commerce. .
Shipments of breadstuffs were
valued at $44,000,000 as compared
with $56,000,000 the same month
UPDIKE
We Specialise In the Careful
Handling ol Order ot
Grain and Provisions
tor
Future Delivery
in
All Important Markets
We Are Members ol
Milwaukee Chamber of Commerce
Minneapolis Chamber of Commerce
St. Louis Merchants Exchange
Kansas City Board of Trade
Sioux City Board of Trade
Omaha Grain Exchange
W Opera' Office at
Omaha, Neb. Sioux City, Ia. -
Lincoln, Neb. Atlantic, Ia.
Hastings, Neb. Hamburg, la.
Holdrege, Neb. Des Moines, la.
Geneva, Neb. Milwaukee, Wis.
Chicago, I1L
and all of these office are con
nected with each other by private
wires.
We Solicit Your Patronage
THE UPDIKE GRAIN
COMPANY
Grain Exchange Building,
Omaha, Neb.
P. S. Cash Consignment Solicited.
last year and meat and glairy
products at $57,00,000 against $95,
000,000. '
Cotton exports increased 30 pei
cent in weight and 100 per cent in
value, due to the increased price of
the fiber. Shipment totaled $640,000.
Little change was shown in the
outward movement of cereals ex
cept wheat exports, which fell off
1,000,000 bushels. - ' . , .
in the market here today it $3.84,
or 1 cent a"bove yesterday') clotinjr
quotation, and new high for the
present upward movement.: Frane
checks sold at the rate of 14.00 for
the American dollar, tip 35 centimes,
and lire checks at 19.36, up 26 cen .
times; Marks were quoted at 1.40
cents each.
.... i
' Londea Heaey.
London, March $7. Bar Bilver TSUt
per ounce. ,
Money H per cent.
Discount Rales Short and three
months' bills, kOU-l(,pr cent
Bar flllrer. -
New Tork, March $(. Bar i lYr-
$1.24.
Mexican Dollars MHo.
Sterling Opens Strong -
At Opening of Trading
tfw VnrV MnrMi ?S T?3fa nn
the English pound sterling opened
!l!'liilllli!lil;iliiiiliilillllli:iiliilii'liiiiliirii:iillllnliiliiliillll,,lt'li!iili!liiiiilliill!llli:inlllllll'lllllllli
Buy 6 First Mortgage Bonds
and
Let us pay your taxes aiyA 6 (Net)
Which is equivalent to better than
7 where you pay the taxes
These bonds represent a portion v
of a large mortgage secured by
Omaha business property, centrally .
located. ;
These bonds mature in 4 to 8 years,
and may be cashed any time after
one year, if c(esired, upon SO days' J,
notice.
Any one can hold one or more of
these bonds issued in denomina
tions of $250, $500, $1,000 up to -.
$5,000. ; ;
The Home Builders owns this
mortgage and recommends these
bonds to those who have money for ''
a 6 SAFE INVESTMENT pay
able semi-annually. .
Full deecrmt; lit.r.H.r. ... ,M.ri. '
, A part of your butineia (oHciteel. -
American Security Company
Omaha
V
C. C. Shimer, See.
Nebraska V
Q. A. Rehreevifc', Free.
eiiiiiuitiiiiiii
iiiitiiiiiiiHiiiiiiiHiiitiiiniiflniiiaiiiiiaMiiiiii
f' 1 11 i-f. J I' sills 1 1 " XJ ' 1 " 1 1 V
Ten Trains
It would require ten trains
of thirty cars each to carry
the cedar poles used in
Omaha by the Nebraska
Power Co.
Each pole is carefully se
lected, barked and painted
twice.-
hfebrestcntl Power,