Market, Financial and Industrial News of the Day
live Stock
Financial
Onaha Un Stock Market.
Omaha. March it, lilt.
Cattle, Hogs. .Sheep.
1,611) 15,4 S.47I
(.040 14,181
t.101
' 7.101
4.944
1,(00
Receipts war:
Official Monday ...
Official Tuesday...
Official Wednesday.
Official Thursday... 4.149 1S.1SJ
EiUraat Friday.... 4,100 16.500
,
Fir day this week. 19, SJ 71,1 SO 30.I2
Sam dayi last weelc.S0.M0 6.06T SH.8S4
Kam 2 week aio.H.27 6S.430 43.129
fam t wek ago.lt,l 4!. 700 9ll.ll
Sam year ago S7.697 $2,!08 S4.I4J
Receipts and disposition of live stock at
ha Union took yard, Omaha, Neb., (or
24 hour ending at S o'clock p. ra. March
16, 1S20.
RECEIPTS CARS.
Cattle. Hog. Sheep.
c. sr. & st. p a 7
Missouri Pacific 6 7
I'nlon Pacifio (
U & N. W., east J . 4
:. N. W , west 4 3 3
. Ht. P., M. O 18 21
"., H. & Q., east R-
O.. H. & Q.. went 15 2.1
C R. I. & P., east. ... 4 4
f R. I. P.. weat S a
Illinois Central t 10
Chi. Gt. West 2 ..
13
v Total receipt 186 243
" DISPOSITION HEAD.
ie
Morris A Co.
Swift & Co
t'udahy Parking Co.
Armour & Co.......
SohwarU A Co.....
.1. W. .Murphy
Knoxvllle l'kg. Co..
Lincoln PkB. Co
a Omaha Pkg. Co.;
Wolf Pkg. Co
Burdlck
John Roth & Sons..
W, B. Van Sant & Co
J'. P. T.ewls
J. B. Root Co.. . .
.'. It Bulla
Hosenslock Bros....
K. O. Kellogg
Werthelmcr & Degen
Ellis . Co
A. Rothschild
.Mo.-Kan. C. A C. Co
K. G. Christie
Baker , ,
John Harvey
Omaha Packing Co.
Midwest Packing Co.
Skinner
Other buyer
Cattle. Hogs. Sheep.
.174
813
10
961
lis
23
, 28
4
18
4
176
88
10
18
44
88
17
360
4
2
87
1,244
,f.60
3,180
3,573
1,914
874
2.362
380
653
128
461
l,4:l
1.174
786
907
246
Total ...6,401 17.443 4,103
Cattle Arrivals of cattle today were
large for a Friday" with 4,100 heud being
estimated, cor the Tlv days the total
is 29.900 head or only 1,000 less than
a week ago, but 2,000 In excexa of ar
rivals a year ago. . ecause of the large
supply on hand the market generally was
lower, prices ranging from steady to 26c
below yesterday. Cows and mixed stock
also sold very glow and dragsy at prices
that were steady to 25c off. Feeders
.were unchanged from westerday.
BEEP STEERS.
No.
II....
2....
' ....
22....
21....
14....
9....
21....
!....
24....
10....
Av. Pr.
902 10 28
780 11 26
977 11 75
.1031
.1160
12 25
ino
No,
12...
40.
24.
Av. Pr.
. .1008 1 1 00
. .1084 11 40
..1157 11 85
..1419 12 60
STEERS AND HEIFERS.
.. 660 10 00
.. 76S 10.76
.. 770 11 SS
..1068 13 00
.. 782 12 35
69! 10 60
789 U 25
627
934
926
11 4(1
12 16
12 65
828-963
422
I....-..- 600 7 00 1...
t. ...... 240 7 26 1...
1.-.....1270 8 00
CALVES.
3...... $95 10 00 4...
2 383 10 60 V.
11..
17..
18..
29..
12..
COWS.
60 16 919 7 25
8 60 15 840 10 25
HEIFERS.
2 00 12 490 2 00
BULLS.
. 630
.1240
7 10
7 75
462 10 26
498 11 00
1...... 180 16 00 4 146 15 60
1 Quotations n cattle: Oood ' to choice
beeves, 1 12. 50(tf 13.75; fair to good beeves,
S11.6012.50; common to fair beeves,
W.00i?ill.f:0; good to choice yearlings,
. ? 12.00W13.26; fair to good yearlings, 210.00
12.00; common to fair yearlings, 19.60(9
' 10.00; choice to prim heifers, J10. 00f(
' 11.76; good to choice belfers, I8.7610.00;
(dole to prim cows. sio.OO0ill.6O; good
, to choice cows, 28. 6010.O0; fair to good
. cow. 27.4008.25; common, to fair cows,
24.26497.00; choice to prime feeders, 210.60
SM2.00: rood to choice feeders, $9.76
10.60; medium to good feeders. $R.D0?
,JIi common to fair feeders. I7.608.50;
t'lilrnlMi Trlbune-Onmlia llr leased Wire.
ftew York, March 2ft The stock
market took its cue for a late ad-
vanc today from the great strength
displayed by sterling exchange
throughout the business session. The
upturn of stocks, extending from 2
to 7 points and more, was also fur
thered by a sudden easement of the
call money rate from 10 to 6 per
cent, the drop being practically per
pendicular after the bulk of the day's
borrowing for the weeks-end had
been completed. A feature of deal
ings in shares was an advance of
metal issues, notably copper stocks,
whose speculative posssibilities had
been emphasized the day before
through a discussion by a leading
producer of the statistical position of
the international copper market.
Sterling Exchange Active.
Events in the sterling exchange market
supplied more features of Interest than
those elsewhere. From Thursday's final
quotation of f .1 . 8 C i for checks, the rate
was lifted by active buying to 2196. At
the maximum level a recovery of 77c to
the pound from the years minimum fig
ure was recorded, and th rate stood
higher than nt any time nince the first
week of L'ecember,' last year.
The moat prominent Influence In tha
day's rise wns expectation of gold imports
on a substantial srale. which, before the
close of trading, was converted Into fact.
A steamer duo tomorrow has aboard a
round amount of the mclal. according td
local advices, and London dispatches told
of a movement under way which was
thought to comprise $20,000,000 at the
pur of the, noverclgn. In addition a con
signment of fl,?00.000 was received by a
local bankinir house, part of a purchase
f.uotlon on the London market recently.
News of the rutward flow from London
explained the $12,000,000 decrease of gold
holdings reported by the Bank of Eng
land in this week's statement.
Prepare to Met Loan.
The supposition is that the incoming
Rold. exclusive, of auction proceeds, rep
resents preparations by the British
treasury for meeting the $500,000,000
Anglo-French loan next October. As
transfers of the metal for the purpose
had been suswsted early in the month
by a spokesman for the British govern
ment, tho shipments do not bring surprise
to financial circles.
The subject of Interest is secondary
to the shipments and their effect on ex
change Is the disposition to be made of
the metal when it gets Into the federal
reserve hanK s reserve, provided it finds
lodgement. Evidently speculators In stocks
lean toward the supposition that it will
be made the basis for additional credit.
Xot Hanking Idea. ,
That this attitude is not the barking
Idea. With particular reference to reserve
board officials, has been disclosed in
comment fron.i time to time on the gen
eral method of handling the credit situ
ation. Accumulations of the metal from
whatever sources will more soundly be
considered as an offset to gold exports
from the United States and will act bb
a prop to existing reserve. It will take
a lot of gold to counterbalance our ex
perts this year, to date, Argentina alone
having taken $32,000,000.
French, Italian and Belgian exchange
was easy st the same time that sterling
was forging ahead. An explanation for
this seemed to lie In the fact that sterling
was rising faster on the European mar
kets than at New York. Other quota
tions were steady.
K9
Owned and Recommended by Horn
Builders, Inc., ol Omaha, Neb.
We Offer -
6 -
First
Mortgage
Bonds
Denomination
$250 $500 $1,000 $5,000
Tax-Free in Nebraska
They are atcured by newly Im
proved business property, centrally
located in Omaha, which will be oc
cupied by its owners. Thes bonds
bear interest, payable semi
annually and convertible on option
of purchaser, any time after on
year upon 80 days' notice filed on
any Interest dat.
Maturity, 1923-1927
American Security
Company
18th and Dodge Sts,
OMAHA, NEBRASKA.
C A. RohrboUfh, Pres.
C C Shimer, Sc
UPDIKE
W Specialize in the Careful
Handling of Orders of
Grain and Provisions
for
Future Delivery
in
All Important Markets
We Are Members ef
Milwaukee Chamber of Commerce
Minneapolis Chamber Commerce
St. Louis Merchants Exchange
Kansas City Board of Trade
Sioux City Board of Trade
Omaha Grain Exchange
We Opera' Office at
Omaha, Neb. " Sioux City. la.
Lincoln, Neb. Atlantic, la.
Hastings, Neb. Hamburg, la.
Hoidrege, Neb. . Ies Moines, Is.1!
Geneva. Neb. Milwaukee. Wis.
Chicago, JXL
and all of these offices are con
nected with each other by private
wires.
We Solicit Your Patroaag
THE UPDIKE GRAIN
COMPANY
Grain Exchange Building,
Omaha, Neev
1. S. Cask Consignments Solicited.
good to choice stoekers, $9.EO10.50; fair
to good stoekers, $7.7E9.60: common to
fair stockere, $G.t,07.75: stock heifers.
$0.S0i!?9.nO; stock cows. I6.00f98.li0; stock
calves, $6.U0iS10.i0; veal calves, $9.60
15.90. bulls, stags, ctc..-$7.0010.00.
IToes Receipts - continue liberal, esti
mates for calling for 233 loads or 16.300
head. Trade was fairly active and while
ther were tinea that looked lower there
were other sales tnat looked nigner. me
market averaging pretty close to steady
with a trifle, more than yesterday. Bulk
of today's sales was $13.75014.76 and top
$15.00. Quite a few of the heavy hogs
sold down to $13.00 with odd bunches
scattered down to Sit. 50.
' HOGS.
No Av. .Ph. Pt. No. Av. Sh. Pr.
70.. 327 70 13 00 60.. 311 ... 13 40
r. ..sin '111 13 60 63. .200 ... 13 66
71. .30 ... 13 75 68,.292 ... 13 80
63. .285 ... 13 85 63. .273 110 13 90
67 .-.362 ... 14 00 31.. 276 70 14 10
67 . 281 80 14 15
69. .273 80 14 25 44. .189 70 14 85
28. .222 14 40. 26. .173 40 14 60
72. .266 70 14 65
79, .213 ... 14 70 29. .190 80 14 75
86. .194 80 14 90
Sheep Only a small run of sheep and
lambs arrived for today's trade and while
demand was rather dull and dragpry, prices
held steady. Good, medium weight lambs
sold around $19.00(919.40. indicating a
quotable limit of about $19.65 on choice
lightweights. Only a few ewes were In
cluded in th offering and these brought
tia.S0O13.76. Trade In feeders and
shearers remained nominally steady, prac
tically nothing being sold on country ac
count.
Ouotatlona of sheen and lambs: Lambs,
good to choice, $19.0019.65; lambs, fair
to good, I18.zici8.u; sneanng lamos.
$17.60Sfl9.25: feeding lambs. $16.00
17.25; cull lambs, $14.0015.60; yearlings,
116.00A17.25: wethers. $13.2514.!)0: ewes,
good to choice, $13.6514.25; ewes, fair to
good, $12.60 13.60; lamDy ewes. .uukii
14.00; ewes, culls and canners, $8.00
10.00. i
FAT EWES.
No. Av. Pr. No. Av. Pr,
6 fed.. 92 14 00
FAT LAMBS.
461 fed.. 89 19 40
-' Chicago live Stock.
Chicago, March 26. Cattle Receipts,
7,000; estimated tomorrow, 2,000; weak.
Beef steers, medium and heavy weight:
Choice and prime, $13.3516.00; medium
ana good, $11.2513)13.25; common, nn.mni1
11.25; light weight, good and choice, $12.00
14.60; common and medium, $9.75
12.00; butcher cattle. Belters, $7.&oil2-7o;
cows, $7.6011.50; canners and cutters,
$G.007.40; veal calves. $16.7617.00;
feeder steers, $9.0011.86; stocker steers,
$7.6511.25.
Hogs Receipts. 26,000; estimated to
morrow, 11,000; 1019260 lower than yester
day's average. Bulk, $14.1015.25; ton,
$16.40; heavy, $13.66014.76; medium,
$14.86015.30; light, $14.8016.40; light.
ngm, i.KUit.zii; neavy packing sows,
smooth, $i3.0013.80; packing sows.
rougn, iz.ouiL'.i)v; pigs, 13.40ig.2s.
Sheep Receipts, 8,000; estimated to
morrow. 8.000: firm. Ijimha. 84 nnnnil.
81T.7620.B0; culls and common, (14.50
17.60; ewes, medium, good and choice.
$11.00016.00; culls and common, $.00O
New York Quotations
Number of aales and rang of prices of
th leading stocks.
Bale. High. Low. Close.
A. B. Sugar ... 600 87 M 87
Amer. Can. .... 4.700 80 47i 494
A. C. and T.' ... 1.100 141 140 141
A. H. L.. Pfd. 1.000 U7? 113U U7H
Amer. Loco. ... 800 104 10H 104
A. 8. R 4,600 70 68 Vs 70
Amer. 8. R. .... 100 1J0 130 130
A. 8. Tob. ..J. 7,600 106 1044 105
Amer. T. at T. ... 900 97 96 97
Amer. Z.. L. 8 7.700 20H 19 20V4
Ana. Cop 22,000 6. 63 66
Atchison 600 83 82 83
Atl. G & W I 8 8 300 161 159 161
Baldwin Loco. ...86,900 1384 132 138
Balti. & Oh'o... 1,000 36i 25 36
Beth. 8. "B".... 9,400 98 94 98
B. & 8. Cop. ... 8,400 29 26 29
Cal. Pet 800 40 38 40
Can. Pac 800 125 122 125
1.000 87 85 87
200 67 67 67 H
36 28
364 87
8,000 S7 36 37
800 39 38 39
Cen. Leather.
Ches. & Ohio
C. M. A St. P 8.100 38
C. R. I. Pac. 4,200 37
Chlno Cop. .
Col. F. & I.
Corn Pro 15,000 96 92 94
Crucible Steel ... 9,000 262 240 250
Cuba C. S 1,900 49 48 49
Distillers & Corp. 800 65 64 65
Erie 400 14 14 14
Gen. Klct 600 167 157 157
Gen. Motors 26,200 400 379 891
Ot. N., Pfd. ... 600 81 80 81
Gt. N. O. Ctfs. .. ,60 41 40 41
III Cen 400 91 81 81
Insprlatlon Cop. 13,500 60 68 69
Int. M. M.. Pfd.. 2.800 96 96 96
Il.ter. Nickel ... 3.700 23 21 23
Inter. Paper..... 6,200 86 ' 84 86
Kennocott Cop. ..12.100 37 31 32
Mex. Petroleum... 16, 800 200 196 zuei
Miami Copper .. 1,200 23 23 23
1,100 47
800 29
100 66
46 47
28 28
t
SIouz City live Stock.
SIOUX City. la.. March 96 rM!T.
cetpts, 2,500 head; market 15o to 26e
lower; oeer steers, choice fed. $11,760
14.60; short fed, $9.65011.35; beef cows.
$7.0008.00; fat cows and heifers, $8.00
O11.60; canners. $4.606.60; veal calves,
$8.00 018.00; common calves, $6.0009 60;
leeners, K.nu(tfJlu.t.u; stoekers, $7.0O9
10.00; feeding cows and heifers, $5.60
8.25.
Hogs Receipts, 13,000 head; market Uc
to 40c lower; light. 14.0015.00; mixed,
$13.00014.00; heavy, $12.5014.00; bulk.
fid.dvtsris. 10.
Sheep and Lambs Receipts, 300 head;
iunraet aieaay.
St. Joseph Live Stock.
- 8t. Joseph, Mo., March 16. Cattle R
ceipts. 700 head; market steady: steers,
$9.50013.50; cows and heifers. 14.800
13.00; calves, $6.00014.00.
Hogs Receipts, 6.0 00 head; market 18
;i ,, "w " !.-; train. 113.400
16.60.
Sheen and Lambs Reeelnta. Ana
mar.k.e' trni Umbo, 118.74018.76; wsl
V V iff, tw,v.
Foreign Bonds
- Bremen
Berlin
Coblena
Colofne
Danzig
Dusaeldorf
British Government
French Government
' Italian Government '
Belgian Government 1
Descriptive Circular and
Prices on Bequest
HENRY B. AlLEN
INVESTMENT SERVICE
Tyler 3300 '
721 First Natl. Bank Bldg.
OMAHA
15 15
73 74
79 79
41 41
99 103
Mldvale Steel
Mo. Paclflo .
ILInn H ...... -
ft Nevada Copper ,. 1.000 15
N. Y. Central .... z.7no 741.
N. Y., N. H. H-. 2,260 35 33 34
Nor. ft western ., 2"0 96 96 d
no. .pacific 800 si
Pac. Tel. & Tel.. 200 41
P.-Am. Petroleum. 21.600 103
Pennsylvania 10,800 42 42 42
Plttsb. & W. Va. 6,600 32 31 32
Pittsburgh Coal .. 700 63 61 63
R. Cons. Copper .. 2,200 19 19 19
Reading 10,300 86 84 86
Rep. Iron & Steel. 44,200 110 105 110
Shattuck, A.. Cop. 100 12 12 12
Sinclair O. & R. .12,100 43 41 43
So. Pacific 10,700 101 99 101
So. Railway 3,200 24 23 23
Stud. Corporation. 45,000 108 102 107
Texas-Co 12.100 213 206 213
T. Products 2,200 73 70 73
Union Pacifio .. 2,700 121 J13 121
U. C. Stores .... 4,200 80 77 80
IT S. I. Alcohol ,.33,700 97 . 93 97
0. C. Steel ......65,000 105 101 106
U. S. Steel pfd. .. 800 113 113 113
Utah Copper ,...16,300 80 78 78
Western Union .. 300 87 86 87
West. Electric ... 800 63 52- 53
Willys-Overland . 6,600 24 24 24
National Lead ... . 700 83 80 83,
Ohio Cities 800 44 4 4 44
Royal Dutch I'.su iua?i ivi iimis
Bond list.
Gt. N. 1st 4s 80!
17. S. 2s, rcg. 101
U. S. 2s, cou. 101
U. S. 4s, rcg. 106
U.S.cv.4s,cou. 106
Pan. 3s, reg. . 85
Pan. 3s, cou. 85
Am.T.&T.cv.6s 96
Anglo-Fch.Ss 97 11-6
Am. & co. s si
Atch. gen. 4s . 76
B. & O. cv 4s 64
Bth. St. ref. 6s 84
Cen. Leather 6s 95
Cen. Pac. 1st 72
C. & O. cv. 6s 78
C.B.&Q. it- 4s 94
C.M.ASt.P.cv.
4s 71
C.R.I.&PRy
ref. 4s 66
Chill Cp. col.
trust 6s 7
City of Paris 6s 90
C. & S. ref. 4 73
Den. & Rio Grd. ) . .
D.&R.G. con. 4s 64
Dm cf Can 6s
(1931) suss
Erie gen. 4s ..45
Uen. Elc. us ..87-1
I. C. ref. 4s .. 7
Int. Mer Mar. 6s 90
K. C. So. ref. 5s 69
L. & N. un. 4s 81
M.K.& T. 1st 4a 57
M. P. gen 4s .. 65
Mont. P. 6s .. 83
N. T. C. deb. 6s 92
N. P. 4s 74
N. P. 3s 63
Ore. S. L ref. 4s 80
Pa. T. & T. 6s 84
Penn. con. 4. 90
Penn. gen. 6s . 89
Reading gen. 4s 78
St.L.&S.Fr. Adj.
6 6S
S. P. cv. 6s ...102
So. Ry 6s .... 85
Tex. Co. cv. 6s 104
Tex. & P. 1st . 82
IT. P. 4s 81
U. K. of G. B.
I. 6s (1937) 88
IT. S. Rub. 5s .. 83
V. S. St. 6s 96
Wab. 1st .... 87
Bid.
Kansas City Live Stock.
Vnnsns f'ltv Mo.. March 26. Cattle
Da.oir,tB c&n head: steady: calves. 50
cents lower; heavy beef steers, choice and
prime, $12.90014.10; medium and good.
$11.2512.85; common, $10.00011.15;
HtfhtweiKht. good and choice. $11.60
13.26; common and medium, $9.0011.60;
butcher cattle, heifers, $7.2613.25; cows,
$6.9012.00; canners and cutters, $4,500
6.90; veal calves, $14.0016.50: feeder
steers, $8.6012.50; stocker steers, $6.75
11.40.
Hogs Receipts, 3,600 head; 26 to 60
cents lower; bulk, $13.5s15.25; heavies,
Jt3.6014.25; mediums, $14:5016.40;
lights, $15.2515.90; packing sows.
$11.60012.25; pigs, $13.5016.00.
Sheep and Lambs Receipts, 2,000 head;
15 to 25 cents higher; lambs, $17,000
19.75; culls and common, $12.00016.75;
yearling wethers, $15.00017.25; ewes,
$11.5014.25; cull and common, $5.60
11.25; breeding ewes, $9.00016.50; feeder
lambs, $14.2516.25.
1
Turpentine and Kosin.
Savannah, Ga.. March 26. Turpentine
Firm; $2.20: sales, 46 bbls; shipments,
163 bbls; receipts, 7 bbls; stock, 1,638 bbls.
Rosin Firm; sales. 46 casks; receipts,
83 casks; shipments, 646 casks; stock,
20.054 casks. Quote: B, $16.10; D, E, F.
G, $17.60; H, I, $17.66; K, $18.00; M, N,
$18.50; WO, WW, $18.00.
Kew York Sugar. '
New Tork, March 26. Raw Sugar
Steady; centrifugal, 12.79c; fine granu
lated, 14.0016.00c.
New York Coffee.
New York', March 26. Coffee Rio No.
7, 16c. Futures, steady; May, 14.54c;
July. 14.76c.
Omaha Grain
Omaha. March tl.
Wheal had a slow sale at about un
changed prices. The demand was lighter
man in yesterday s maraei. corn rangeu
a cent up to a cent oft. generally un
changed to a cent lower. Some of th
No. 3 and No. 4 whit sold a cent higher,
Buyer took the offering readily, Oats
were generally t4 cent lower. No. 4
white was 3c to lo off. Rye and barley
were not mucn cnangea.
Cash sales were:
Wheat No. 2 hard. 1 car, $3.07 (smut
ty); No. $ hard, 1 car, $2.66; 1 car, $2.60;
No. 4 hard, 1 car, $2.61; 1 car. $2.47
(smutty); 8-6 car, $2.40 (smutty); sam
ple hard, 1 car, $2.46 (8 per cent rye);
1 car, $2.43: sample northern spring. 1
car, $3.32; No. 3 mixed, 3 cars, $2.47
(durum); 3-8 car, $2.46 (smutty); sample
mixed, 1 car $2.10 (screenings).
Corn No. 3 white. 1 car. $1.54; 10 cars,
$1.53; 2-3 car, $1.62; No. 4 white, 3
cars, $1.61; 8 cars, $1.60; 1 3-6 cars,
$1.49; No. 8 white. 1 car. $1.43 (shippers
weights): 1 car, $1.47; No. 3 yellow, 1
cars, $1.53; 1-3 car, $1.62; No. 4 yel
low. 1 car, $1.62; 4 cars, $1.61; 1 car,
$1.61 (shippers weights); 4 cars, $1.50;
No. 5 yellow, 1 car, $1.49 (6 per cent
oats); No. ( yellow, 1 car, $1.44; sample
yellow, 1 car, $1.37 (hot);. No. 3 mixed,
1 car, $1.52; No. 8 mixed, 1 car. $1.51;
No. 4 mixed. 2 2-5 cars, $1.49; 1 car, $1.49
(shippers weights); 3 cars. $1.48; 8 cars,
$1.48 (shippers weights); No. 6 mixed, X
cars, $1.7; 2 cars, $1.46.
Oats No. 3 white, 6 cars, 92c; No.. 4
white, 2-cars, 91c.
Rye No. 3, 2-3 car, $1.(7; car, $1.(6.
Barley Rejected, 1 car, $1.32; 1 car,
$1.30.
OMAHA GRAIN MOVEMENT.
Receipts Today. Wk ago. Yr ago
Wheat 20 27 2
Corn 79 61 82
Oats 35 25 21
Rye 4 4 3
Barley .. 1
Shipments
Wheat 67 31 111
Corn 34 ' 43 62
Oats -t 19 .20 45
Rye 6 I , , 8
Barley 2
RECEIPTS IN OTHER MARKETS.
Wheat Corn. Oats.
Chicago 7 132 . 88
Kansas City ..130 S3 8
St. Louis ..... 43 88 77
Minneapolis ..166 ... .
Duluth 16 ...
Winnipeg 121 ... 1 ...
OMAHA GRAIN INSPECTION.
J The number of cars of grain of the sev
eral grades Inspected "In" here during
the last 24 hours follows:
Wheat No. 2 hard, 2; No. t hard, 6;
No. 4 hard, 8; sample hard, 1; No. 3
mixed, 1; No. 3 mixed, 1; No. E spring, 1;
total, 14. T
Corn No. 8 white, 6; No. 4 white, 8;
No. 6 white, 2; No. ( wfclte, 1; No.' 8 yel
low, 7; No. 4 yellow, 16; No. 5 yellow, 1;
No. 6 vellow, 2; No. 3 mixed, 2; No. 4
mixed, 6; No. i mixed, 4; sample mixed,
4; total, 64.
Oats No. 2 white, 1; No. S white, 27;
No. 4 white, 2; total, 30;
Rye No. 2, 1; No. 3, 3; No. 4, 3; to
tal, (.
.Barley Rejected, 1. ..
PRIMARY RECEIPTS AND 'SHIPMENTS.
Year Ago
Receipts. " Today. Today
Wheat 688,000 636,000
Corn 750,000 652.000
Oats 602,000 657,000
Shipments:
Wheat 469,000 864,000
Corn 299,000 251,000
Oats ., 353,000 618.000
EXPORT CLEARANCES.
Wheat and flour 787,000 617,000
Corn 61,000
Russels News wires: It Is understood on
good awUiority that after a long period
of negotiation and delay, rather Important
credits have at last been effected In New
York for German account for the purpose
of buying roodstuffs.
It is understood that there are quite
important orders In the market for
wheat, flour, rye xiour ana some Dusiness
has already been etrectea. it is expected
by those in close touch with the opera
tions that the rjolitical conditions In Ger
many are not checking this move and It
Is believed tnat tne ouying is a quesuun
of necessity in order to supply food re
quirements In certain sections of Ger
many. Chicago Tribune says: No replacement
of tho 200,000-bushel limit on corn trad
ing Is to be made for the present, at least
so far as Board of Trade officials know.
The question was not mentioned by
Wheat Director J. H. Barnes at a con
ference with President L. F. Gates of the
Board of Trade In Chcago yesterday. The
conference was over the wheat situation
and that of grain In general. Consider
able time was also spent on the car and
transportation condition. The "lid," -as
the trado calls t, was not discussed in any
way.
Liverpool cable says: The Indian gov
ernment has just issued the following
wheat crop estimate; Central India
acreage 3,228,000; last year 3,106,000.
Bombay, 2,149,000 against 1,178,000; yield,
central India, 32,000,000; last year 20,-
60,000.
Minneapolis Grain.
Minneapolis. March ' 26. Flour Un
changed.
Barley $1.281. 63.
Rye No2, $1.701.71.
Bran $48.00.
Corn $1.661.6(.
Oats 8990o.
Flax $4.664.70.
Chicago Grain
Short Term Notes
By CHARLES D. MICHAELS,
Chicago Tribune-Omaha Bee Led Wire.
Chicago, March 26. A bulge in
the grain markets in the closing half
hour was on top of a sharp break
about mid-day on reports of a fail
ure of a Winnipeg house and, on a
break in oats in that market. The
late advance was due to buying by a
few strong operators and starting
buying by the pit clement who had
sold early.
Closing trades were at net gains
of Us to ZViz with March leading,
Oats gained Yx toHlJsc and barley
1J4 tor the day.
With a la-k of outside support local
bears were able to force a decline of near
ly 8c In corn after an opening bulge due
to short covering, but they were uneble
to maintain their advantage due to over
selling, and toward the last a ware of
short covering carried values up 3o to
3e front the inside figure with the close
about the top.
. Exporters Bid S2.75,
Exporters bid $2.76 for No. 2 bard win
ter wheat, track New York, but were un
able to secure wheat at that figure, al
though taking 26.000 bushel No. 4 at the
Gulf at $2.61. Sample values her were
lo to 2c higher. No. 3 hard, $3.66.
Closing of spreads between May otfts
In Chicago and Winnipeg gave this mar
ket independent strength. Opening trades
were at the low point and the close at
the top. Tire difference between the two
markets narrowed o during the day.
When the snreading started there was a
difference of 6o and later it widened out
to 15o and was 12c at tne close toaay
with Chlcaeo-'at a discount. The trado
did not discover the Winnipeg difficul
ties until near the close and short cover
ing was responsible for the sharp rally
at the finish.
ExUort demand for ry was very brisk.
No. 2 on track sold at $1.76 1.76, or
2c over May, "
Barley in fair demand at unchanged
price. Spot sales were at $1.49 01.63.
By Updike Grain Co.. Doug. 2627. March 26.
Art. Open. I High. Low., Close Yest'y
Corn
Mch.
May
July
Sep.
Ryo
May
July
Oats
May
July
Sep.
Pork
May
July
Lard
May
July
Ribs
May
July
1.68
1.54
1.48
1.45
I
1.74
! 1.89
.85
.78
.69
136.00
136.10
0.75
21.57
I
118.80
119.40
1.60
X60
1.47.
1.74
1.70
.8
.79
.70 I
156.75
136.95
21.00
20.80
I
18.93
19.47
I
1.58
1.62
1.47
1.44
1.72
1.68
.84f
.77
.68
136.00
136.10
1.60
1.66
1.50
1.74
1.69 i
.86
1 .79
.69
(36.75
136.76
120.70 I21.i
21.60 20.
18.70
119.25
18.92
119.45
1.S8
1.63
1.48
1.46
1.73
1.68
.86
.73
.(
38.68
36.60
I
120.67
21.47
I13.80
M9.40
St. Louis Grain.
St Louis, March 26. Corn May,
$1.67; July, $1.61.
Oats May, 88 89c.
Kansas City Grain.
Kansas City, Mo., March 26. Corn
May. $1.67; July, $1.48; September,
$1.44.
New York Grain.
New York, March 26. Wheat Spot
1-..- nrn 1 -.j , v. t 1.
eteamer, June shipment. '
corn spot, firm; no. i yellow, $1.82
and No. 2 mixed $1.84 C. 1. f. New
York.
Oats Spot, firm; No. 1 white, $1.03.
Lard Firm; mlddlewest, $20.60020.(0.
New York Money.
New York, March 26. Mercantile Ta
per Unchanged.
jsxenange strong.
Sterling Sixty-day bill. $8.90: com
mercial 60-day bills on banks, $3.90;
commercial 60-day bills, $3.89; demand,
fd.vi; caoies, 9.1.VD. ..
Francs Demand, 14.22; cables, 14.20.
Belgian Francs Demand, 13.67; cables,
13.56.
Guilders Demand, 36c: cables, 37c
Lire Demand, 19.82; cables, 19.80.
Marks Demand, 1.34c; cables, 1.35c.
Bonds Government, firm; railroad, , Ir
regular. Time Loans Strong; all dates, 8 to 8
per cent.
Call Money Strong; high, 10 per cent;
low, ( per cent; ruling rate, $ per cent;
closing bid, 6 per' cent; offered at 7 per
cent; last loan, 6 per cent; bank accept
ances, ( per cent,
Chicago Produce.
Chicago, March 26. Butter Lower;
creamery, 5264e.
Eggs Higher; receipts, 16,832 cases;
firsts, 4344c; ordinary firsts, 41
42c; at mark, cases Included, 4143c.
Poultry Alive, lower; springs, 38c;
fowls, 39c.
Liberty Bonds.
New York, March 26. Final prices on
Liberty bonds were: 3s, 97.70; first 4s,
90.68; second 4s, 89.42; first 4s, 90.64;
second 4s, 89.88; third 4 Vis, 92.84;
fourth 4 Vis, 89.88; Victory 3s, 87.60;
Victory 4s, 97.66.
JL
Quotations furnished by Peter Trust
to: Hid. Asked.
Amer. Tel. A Tel. 6s, 1924... 93 94
Amer. Tel. A Tel, 6s, 1926...' 97 97
Amer. Tobacco 7s, 1923 100 100
Amer. -Tobacco 7s, 1923 100 100
Anaconda Copper (a. 1929.. 94 - 95
Anglo-French Ext 6s. 1920. 87 97
Armour & Co. Con. Deb. 6a.
1920 89 100
Armour & Co. Con. Deb. 6s,
1921 99 100
Armour & Co. Con. Deb. 6s.
1922 99 100
Armour & Co. Con. Deb. 6s, .
1923 99 100
Armour & Co. Con. . Deb. 6s.
1924 99 100
Beth. Steel Co. 7s, 1922 99 100
Beth. Steel Co. 7s, 1923 99 10
British 6. 1921.. 85 '96
Canada 6s. 1926 91 92
Cudahy Packing Co. 7s, 1923 99 100
Inter. R. T. Co. 5s, 1921 71 73
Lehigh Valley 6s, 1928. .... .100 101
Liggett & Myers 6s. 1921 98 98
Proctor & Gamble 7s. 1922... 100 101
Proctor & Gamble 7s, 1923.. 100 101,
Union Pacifio 6s. 1928 100 101
Wilson Conv. 6s. 1928... 81 .83
Bradstreet's Trade Review.
New York, March 28. Bradstreet's to
morrow will say:
Distinct improvement In general bus!
ness Is reflected in the week's dispatches.
Trade among wholesalers and Jobbers
Is moving in even better volume than a
week ago and whit - the conservative
feeling on the part of buyers noted In
the advices for recent weeks Is still pres
ent, It Is porhaps. less emphasized than
hitherto. The most marked Improvement
however, Is noted In retail trado which
has reacted strongly to the stimulus of
ICasler shoDninr and the first really
springlike weather of the season. The
betterment is snown particularly 111 11111
lii.orv. drv roods, notions and footwear, 1
but in other directions also, more actlv
lty has become apparent. Manufacturers
In general continue operations at full
capacity, though owing to the Inadequacy
of transportation facilities and some
uhnrtnira of labor, their output is still be
hind demand and deliveries are hampered.
- Weokly bank clearings, 8,6u,ut,uuv.
Bar Silver.
New York, March 26. Bar Silver $1. IS.
Mexican Dollars 96c-V
Linseed Oil.
Duluth, Minn., March 26. Lfnieed
$4.61.,
I5?ai935
I Are Ybu Interested
In Tax Exempt
Securities?
. Every resident of Nebraak !
subject to a personalty tax as of
April 1st each year.
A thousand dollar bond is sub
ject to a tax of approximately
twenty dollars annually. This
is one-third of the earning power
of a six per cent bond.
Preferred stocks of Nebraska
k corporations are tax free to the
holder in Nebraska, and divi
dends derived therefrom are also
exempt from the normal Federal
income tax.
Circular B-46 Describing Such Issues
May Be Had on Request
TIOIW TRUST CO
The Progressive-Conservative Trust Company
Affiliated with the Omaha National Bank
WHEN YOU WANT TO GET IN OR OUT OP BUSBfE
PLACE YOUR AD IN THE OMAHA BEE FOR RESUtl
Cotton Futures.
New York, March 26. Cotton futures
opened steady; May, 38.25c; July, 25.00;
October, 82.16c; December. 21.43c; Jan
uary, 30.60c.
Cotton futures closed steady; May,
38.45c; July. 35.68c; October, 32.12c; De
cember, 31.30c; January, 30.60c
Chicago Potatoes.
Chicago. March 26. Potatoes Firm: re
ceipts, 60 cars; Northern round and long
white, sacked, $5.856.oo; bulk, round,
$6.00; Idaho russets, saoked, $6.00.
Linseed OIL
Duluth, Minn., March 26. Linseed
$4.73 bid.
Safety
Security
Stability
Tax Free !
Represented by
PETERS TRUST
COMPANY, Securities
For Your Pre-Tax-Times Investments We Recommend
6
Brown Farm
Land Bonds-Nebraska
Loan; $20,000. Security: Land and
improvements valued at $54,800.00.
Insured buildings valued at $10,
000.00. Owner values property at
$75,000.00. Due Dec 1, 1924. Bonds
$1,000, $500, $100. .
Wells-Abbott- lf rjf
Nieman Company .14 JO
Preferred Stock 1 '
Issue, $500,000. Security: Net as
sets of $1,143,588.80. Yearly sink
ing fund, $25,000.00. No funded debt
or mortgage. Successful business for
50 years. Also free from Normal .
Federal Income Tax. .
$1,000, $500, $100.
Amount
$5,500
5,000
7,000
INDIVIDUAL FIRST MORTGAGE FARM LOANS
Nam Valuation of Security Maturity-
Meyer $16,000 May 1,1925
Graus 21,000 Mar. 1,1925
Brown 20,000 Jan. 1, 1925
' . j Send for full descriptions and booklet
I "Investing One Hundred Million Dollars Without a Dollar's Loss
1
. y k 1
" Ml sTi '
Rat V V
6
-rrv.
SbTVi
No. 7-
2000 B. C.--A Magnet Discovered
II 3 it ' '"'i
r
I,
A Lodestone First
2,000 years B. C, a Chinese dis
covered the lodestone a MAG
NET. - ,rr.
About 150 years ago a scientist
discovered that by wavingltioop
of wire in front of a magnet, an
electric current would be pro
duced. That is what the six big Dyna-
moes of the Nebraska Power
Company, worth $2,625,000, are
doing every minute of the day to
provide you with electric light
and power. .,
That is what the new $1,250,000
Dynamo, now being installed,
will do.
TLF
31
