THE BEE: OMAHA WEDNESDAY. MARCH. 31, 1920.
X
v
- "'
.
END ARGUMENTS
ON LEGALITY OF
PROHIBITION LAW
Seven Separate Proceedings
Now Rest With Supreme
Court for Determination
State Rights Involved.
Washington, March 30. Argu
ments on the constitutionality of the
prohibition amendment and portions
of the enforcement act were con
cluded today in the supreme court.
Seven separate proceedings now
rest with the court for determina
tion. The arguments today were on ap
pleas brought by Christian Feigen
span of Newark, N. J., from federal
court decrees dismissing injunction
proceedings to enjoin prohibition
officials from preventing him from
manufacturing beer containing more
than one-half of 1 per cent alcohol
'and on government appeals from
judgments restraining officials from
interfering with the Manitowoc Pro
ducts company, a Wisconsin con
cern, in the manufacture of the beer
containing 2.5 per cent alcohol by
volume.
William D. Guthrie, appearing in
the former, contended that by the
words "concurrent power to en
force" congress intended for federal
government and the states to en
torce prohibition by indentical legis
lation and that the states were to give
their approval to enforcement legis
lation before becoming effective.
States Would Lose Control
"We submit that the state legis
latures must have understood that
the amendment provided for concur
rent enforcement as the amendment
totes," Mr. Gutherie said. "The
construction now urged by the gov
ernment would result in practically
the complete loss of state control.
If this point were between individu
als we might well call it a point
of fair conduct and morality."
Veiled charges that evidence was
being "manufactured" by prohibi
tion supporters t to influence the
court in cdlinection with its consid
eration of the prohibition question
were made by Mr. . Gutherie. He
called attention to an "extension of
remarks" by Representative Vol
stead, author of the enforcement act,
appearing in the congressional rec
ord last week, giving what was In
the minds of members of the house
judiciary committee in 1917, while
framing the prohibition amendment.
These views, he said, conflicted
with other statements made by vSri
members of both houses in con
nection with the amendment. Mr.
Guthrie also referred to letters writ
ten by senators "possibly for the
Anti-Saloon league" and "expressing
what they now think they then
thought."
Neither Has Supreme Power.
Ralph W. Jack-man, representing
"the Manitowoc Products company,
took the position that the "concur
rent power" congress intended in the
federal enforcement act was to be
supreme until a state had enacted en
forcement legislation when the lat
ter was to have complete control
in enforcing prohibition within its
borders. He contended 2.5 per cent
alcohol was not intoxicating.
Replying to Mr. Jackman, Solici
tor General King argued that were
that theory of concurrent power true,
then the states would have exclu
sive power, adding that in his opin
ion tht term meant that both con
gress and the states were given au
thority to enact legislation for the
enforcement of prohibition, but
neither had power to stand in the
other's way regarding enforcement
Assistant Attorney General Frierson
contended that the supreme court's
recent opinion in appeals brought by
Jacob Ruppert, New York brewer,
sustaining congress authority under
its wartime powers to prescribe the
maximum alcoholic content of bev
erages, virtually settled the validity
of that provision.
I
t
ft
r
r
No Chicago Live Stock.
Chicago, March 30. Owing to the
strike of stock yards employes live
stock quotations were not available
in any branch of the market Tues
day. New York If etel.
New York, March 10. Copper Firm;
unchanged.
Iron 8tady; unchanged.
Antimony Unchanged
Tin Firm; apot. 163.50: April-May,
161.73.
Lead Nominal; apot and March offered
at s.S7Ho.
Zinc Steady; Eaat St Louie delivery,
pot. i.Uo bid.
At Tendon Spot: Copper. HOT 17a Sdj
electrolytic, 116; tin. Hit 10a; lead,
41; tine, 50.
' New York General.
New York, March SO, Corn Meal
Steady; yellow granulated, 14.2004.25.
Wheat Spot, firm; No. 2 red and No.
I hard, 13.33 f. o. b. ateamer, Juno ehlp
nent. Corn Spot, ateady; No. I yellow, $1.82 U
and No. 2 mixed, I1.IH4, coat and freight
New York.
. Oata Spot, ateady; No. 1 white. SLOSH.
Lard Ey; mlddleweit, f2O.2502O.3S.
Other artlclea unchanged.
Turpentine mad Boala.
Savannah, Oa., March SO. Turpentine
Firm; 13.31; two ealea at 13.37 tt: re
ceipt; 14 caaka; ahtpmenta, none; atock,
3,006 caake.
Rosin Firm and unchanged; aalea 20
raska; receipt. 220 casks; shipment,
1.42S caeke; atock. 18.(76 cask.
Quote: B. tlS.00; D, K, F, O. S17.60;
K, I. I1T.SS; K. 00;" M. 118.25; N,
118.50; WO. 111.00; WW. IH.50.
New York Produce.
New York, March 10. Butter Firm;
reamery, higher than extrae, 670674c;
reamer? extrae, (6Hc: flrete. !V465He:
Jacking atock, current make No. 2,
7H03IC
Egga Eaeler; fresh gathered extra
first. 4l0IOo: flrete, 47 041 He
Che Irregular ; unchanged.
Live Poultry Steady; chicken. 17043c:
fowls, 404Sc; old rooster. S6o; turkeys,
tie, Dressed, ateady; prices unchanged.
Chic go Produce.
Chicago, March 10. Butter Lower;
erearoery, 10016c
Egg Lower; receipt. 15,144 caees;
flrau, 41U041Ke: ordinary firsts, 310
40c; at mark, caaea Included, 40 0 41c.
Poultry All va, lower; springs. 18c;
fowl 40c.
Cotton Fntureer '"-
New York, Marro 10 Cotton future
opened May. 18.81c: July, Ss.lOc;
3Nt?, gt.f2e; December, 81.00c; Janu
ytferid. 11.460.
' St. Louis Grain.
8, xeul. Mo., March 10. Corn May,
I1.68 bid; July, 11.61 bid.
Oat May. 10c
V
Ctty Grain. '
Kansas Ctty. Mo., March 30. CI
Corn: May, 11.6514; July, $1,484;
umber, 11.44.
6ep-
New York Coffee,
... New York, March 10. Coffee Rio 7a,
- slei futures, steed- Ha, MJSaa Jul;
14.44a, - .
Market, Financial and Industrial News of the Day
Financial
Chicago Tnbune-On.ia bee, Leased Hire.
New York, March 30. Stocks
were churned about tfcday without
recording decisive movements in
either direction. In the main deal
ings were in the hands of local pro
fessional traders and they sought to
acquire profits by catching casual
swings of prices. The fact that the
session's turnover was again well be
low the 1,000,000-share mark denoted
a lack of speculative influences, and
told of a cautious and waiting atti
tude on the part of the market fol
lowing. Some of the automobile,
aicci, sugar ana express company
sharet cainrl o-rrtitnrl nn fnntnr is
sue making another of the senation-
ai advances which has marked us
fmirstt f la wVii1 ( rfl rtiltla 1 . A -
dines occurred in others.
Railroad Issue were offered down at
innn. j lie Benin ui mo i&iib, imiicuii
Iy certain of the dividend-paying group,
suggested further liquidation of foreign
1 . i J I . , 1, ,k. ttmmm fh.M
w. m nn , v t ,1 ,n r nt nrMMljre frOIB thl
source among railroad bonde.
TDe call money maraei laueo to re
duce signs of an easing of rates In the
near future, and thle had It effect on
stock. After opening at I per cent, the
rate moved up to 10 per cent, a level not
o high aa the day before, but still high
enough to dlecouraga an expansion of atooR
if.. ..iMm.nt, in b financed
1111 IV ' l "i""" ' - '
largely with borrowed fund. (
Gold Put In Beserve.
The 110,000,000 goia receiveu rvi , .i
don the day before became part of the
bank reserve ana preeuiu.uu "T';;
coneidered a an offset to exports alreaiy
made to oouin Amnt lV:
not as the basi. for fresh credit growth.
The treet na cecum, v-"---- 7
will take a much . ?! JK
metal than now seems probable for tne
credit itructure to feel It, Inasmuch
there ha. been no opinion eprcsMd In
Influential quarters contrary to the !n
SStaSl.! b.H.f that the rmm bsn
reserve muet be strengthened. -the ratio
of reserve to llabllltlea Improved.
slerling exchange .
lnaa which were substantially ,,.arJL "i"
n'thTdaya Immediately PfJft
market ale have been accelerated.
Considerable Profit Taking.
It la likely, too. that f"V.aklaaWthi
(kin? has occurred thl week aa
.harp a5v"nc.C ot la.t week wa. r.ctlv.
to the trading element, which hag been
active In the erratic market of recant
months. Sterling sight drsfta
$3.86, down 3c to the pound i for the day
and lOo lower than last week' maximum
quotation. The downward movement of
sterling seemed to acce araU tha retreat
of French franca and lira which, It will
be recalled, were reactionary last week
when the London rate was rising. Ipiye;;
exchanges sharp deollne of 84 and M
polnu rspectlvely were recorded. Canadian
rates, on the other hand, continued their
upward tendency, the discount on New
York funds at oMntreal being no greater
than $83,625 per 11,000. A. week ago the
quotation waa in cm i ,h v
New York Quotations
Number of alea and rang of price of
tha leading atock: .
Open. Eigh.
Am. Beet Sugar.. 400 884
Am. Can - 00 4H
Am. C. A F $.900 144
Am. H. A Iy. pfd.. 600 111H
Am. 8. K g.ooo
Am. Sugar Ref... 800 111. ;
Am. Sum. Tob.... i.voo asm
Am. Tel. A Tel.... 1,100 $7,
Am. Z., I a.... is
Anaconda Copper. 4,800 64
Atchison 6.400 Slit
A. O. & W. L S. S. $,300 170 :
Baldwin Loco.... 46,100 114 H :
B. at O. .......... 6,400 $5Vi
Beth. Steel "B" . . ,400 S
B. ft S. Copper... 800 27 Vi
Cal. Pet $00 $?
Canadian Pac... $00 12S
Central Leather.. 1,200 $7
C, M. A St. P.... 1,100 $8tt
C. & N. W $00 86
C, R. I. & P 1,500 864i
Chlno Cop 600 86H
Col. F. A 1 200 S
Corn Prod 2,700 82
Crucible Steel. .. .27,000 264ft
Cuba Can Sugar.. 2,300 49
DisU Sec Cor..... 800 66
Erie 1,700 14
General Motors..
OL Nor. pfd 600
Ot. Nor. Ore ctf. 600
Illinois Central.... 200
Insp. Cop 2,000
Int. M. M. pfd.... 1,300
Int. Nickel 4,500
Int. Paper 600
K. C Southern... 200
Venn Can. 2.000
Mex. Pet 18,00 202H
Miami-Cop. 200 234
Mldvale Steel ... 800
Mo. Pao. 1.900
Montana Power . 100
Nevada Cop. . ... 200
N. Y. Central .... 200
1,500 S7SU
81"
$
91
60
241
$4
17 H
N. Y., N. H. A H. 2,000
N. A W 100
North. Pac $00
47 H
28
68
15
442
6
SOU
Pan-Araer. Pet ..27.400 102
41
an
30
5H
Pennsylvania .... 1,600
Pittsburg A W. V. 900
Pittsburg Coal .. 2,000
Ray Con. Cop, .. 1,400
Reading 6.000
Kep. iron Bteel gs.ioo 107
Sinclair O. A Ref. 22,600 45
South. Pao. .... 6,400 100
Southern Ry. .... 600 21 H
Studebaker Cor. ' 21,100 106
Texas Co. 8.000 212
Tob. Pro, 900 72
Union Pac 2,000 11H
United Cigar St. 1,600 79 3
& Ind. At. -.16.900 934
S. Steel 60,800 104
U.
U. 8. Steel, pfd.
Utah Cop, 1,800
West. Elee. 1,900 tSi
Willys-Overland . 8,200 24
Ohio Cities 1,400 44Z
R'y'l Dutch N. Y. 10,700 104
400 112
78
77 tfik
92 94
103 104
112 113
77 77
' 53 'S4
24 24
44 44
108 104
Bond
U. S. 2s, reg.,101
U. 8. 2s, cou.,101
U. S. 4s, reg.,.106
U. a cv. 4s, O.106
Pan. 3s, reg... 86
Pan. 8s, cou.. .86
A.T.AT.cv.6..
A.-French 6 IS
ArmourCo.4H,
Atch. gen. 4s..
B.AO.CV.4...
B. Steel ref. 6 84
C. Lesth. 6s... 95
Cen. Pao. 1st... 73
C.&O.CV.6S...;. 78
C.B.ACj.jt.4 98
C.M.S.P.cv.4 70
C.R.I.AP.rer.4.
C.Cop.cpl.tt6s.
If
1.16
81
75
63
66
7H
City of Paris 6 90
C.S.ref.44s.
P.AR.O.con.4s..
T.ofC.5,19Sl...
Erie gen. 4e...
Oen. Elee. s...
O. N. lit 4..
- bld.
74
63
90
44
0
82
lilt.
I. C. Ref. 4 71
I. M. M. I 90 I
K. C. a ref. 5, 68
U A N. un. 4.. 80
M.K.&T.lst !... 68
M. P. gen. 4.. 66
Mont Pow. 6. 84
N. Y. C. deb. 6. 91
N. Pi 4 74
P. Sn.. 6S
O.S.L.ref.4..... 80
P. T. A T. 5s... 84
Penn. con. 4 89
Penn. gen. I... 88
Reading gen. 4a 78
S. L. A S.F.ad.6 IS
S. P. cv. 6 101
a Ry. I. ...... 84
Tex. Co. cv. 6.. 104
rex, t t-ac lai 3
?. P. 4s $1
U. K. of O. B. A
I. E. 19$7. 87
V. B. Rub. 6s... 84
U. a Steel 6i... 96
Wabash lit.... 91.,
Local Stocks and Bonds
Quotation furnished-by Burns, Blinker
Clf wU. a
STOCKa
Burges'Nah Co. pfd 7, 21-42 99
Douglas Motors com 62
Eldredge-Reynolde Co. 7s, pfd 99
Fairmont Creamery pfd 98
Ooorh Food Prod, pfd 87
Gooch Food com. ,.. 75
Harding Cream 7s pfd
Lin. T. A T. 6s, pfd
Lion B. A S. Co., Omaha ..166
Neb. Power Co. 7s. pfd
Nicholas O. pfd. w. bonus... 82
M. C. Peter Mill 7, pfd, '38 98
Sherwln Will. P. Co. 7. pfd 99
Standard Potash Co.
Thompsoa-Belden A C. 7s, pfd II
U. Power A L. 7s, pfd
17. a Yards, Omaha II '
BOND&
C. L.. H. A P. Es. '24 94
C. C. Sugar 7s, 1930 t
French Cltle 1934 St
Hill Hotel Bldg. 6. '11-30.. I9U
J. a L. Blc $, varlou ....
Lincoln T. A T. B, 1946
Maytag Co. 6. varlou (pet) . ...
Omaha Ath. 4s. 1928 21
Omaha City of. various (pet.) ....
O. C m. b. Ky ts, 1Z5.... 7
U. a Tda, Omaha let la, 'II ....
Bid. Asked.
100
70
100
100
90
80
99
85
180
85
87
100
100
100
101
98
100
100 '
90
100
99
YJi
100
6.00
80
IS
live Stock
EX.-DIV.
London Money.
ndon, March 10. Bar Silver 71 d
per ounce.
Money ft per cenu
Dount Rate Short bill. 1 wi
it montaar mus. per aaot
Omaha, March 10.
Receipts were: Cattle, Hogs. Sheep,
Official Monday .... 9,346 16.661 10,256
Estimate Tuesday .. 1.600 10,000 9,700
Two day thl week 17,64$ 16.661 19,956
Sam daya laat week 14,881 29.760 14.574
Same daya 2 w'a a'o 16,140 20,118 19.394
Same day 3 w'a a'o 16,618 24.829 23.190
Sam days year ago 11.469 26.I6T 23,639
Omaha Liv Stock,
Receipt and disposition of llv stock
at the Union Stook Tarda, Omaha, Neb.i
for 24 hour ending at S o'clock p. m.,
March 10, 1920:
RECEIPTS CARa
Horses
and
Cattle Hog Sheep Mule
Wabastt 6 2
Missouri Pacific I 1 ....
Union Paclflo 15 13 21 1
C. A N. W., east.. II IS 1 ..
C. A N. W.. west.. 6$ 66 1 I
C. St P- M. A O. $2 U 9 1
C., B. A Q., eaat.. 26 10. .. 1
C, B. A Q., wst.. $8 20 21 ..
a. R. I. A P., at 28 $ -.. ..
C, R. X. A P., west 8 4 ....
Illinois Central ... 17 4 ..
Chi. Qt West I .. ..
Total reeelpta ..252 257 II I
IiISPOSITION HEAD.
Cattle Hogs Sheep
Skinner Packing Co.. 671 871 158
Morrla A Co 924 2,621 637
Swift A Co.... 1,601 4,289 2,384
Cudahy Packing Co.. 1,604 6.290 8.328
Armour A Co 1.061 4,031 1,017
J. W. Murphy .". . 1,188
Lincoln Packing Co.. 121
So. Omaha Pack. Co.. ' 8
Hlgglna Packing Co.. 41 ......
John Roth A Sons..,. 11 ......
Mayerowlch A Vail... 41
Olasaborg 24
v. O'Dea o ......
Wilson A Co 207 468
W, B. Van Sant A Co. 10 ......
F. P. Lewi 84
Huntslnaer A Oliver. 38
J B. Root A Co 250 ......
J. H. Bulla 28 ...... ......
Roentock Bros. .... 35 ......
F. O. Kellogg 132 ...... ......
Werthelmer A Tegen. 237 ......
Ellis A Co 48 ...... ......
Sullivan Bros. 1 ....(.
A. Rothschild 43 ......
Mo.-Kan. C A C. Co. 65
E. Q. Christie 71
Baker 236 ......
John Harvey 621 '
Dennis A Francis .... 6 ...i
Omaha Packing Co... 27 ......
Midwest Packing Co.. 12 ...... ......
Flanagan , 141
Armour from Denver 760
West 167
Other Buyer 1,147 622
Total .8,711 ' 19,009 11,268
Cattle Receipt of cattle today were
estimated at 8,100 head making the total
for the two days 17,800 head or 2,000 In
excess of arrival for the two daya last
week and cow 4,000 larger than receipts
a year ago. Packer were out early and
seemed willing to- make 'purchases of any
thing at all desirable In the steer line. The
market wa very uneven but the general
trend of price waa ateady to strong. Not
many cow were on hand and the market
waa active with a good demand from both
packer and hlpper at ateady to atrong
price. Desirable feeder were about un
changed while others war slow and
weak.
Quotations on Cattle Oood to choice
beevee, $12.60013.75: fair to good beevee,
$11.601912.60: common to fair beeves, $10.00
11.50; good to choice yearling, $12.00
018.25; fair to good yearling. $10.00
12.00; common to fair yearling, $9.00
10.00; choice to prim heifers, $10,000
11.76; good to choice heifer. $8.75910.00;
choice to prim cows, $10.00411.60; good
to choice cows, $8.60010.00; fair to good
cows. $7.0008.25: common to fair cows,
$4.2607.00; choice to prime feeders, $10 60
tpn.oo; good to cnoice reeaer, .7w
10.60: medium to good feeder. $8.60
1.71; common to fair feeder, I7.IO01.6O;
good, to choice atocker. $9.60010.10; fair
to good atooker. $7.7509.50; common to
fair stockers, $6.0007.76; stock- heifer,
$6.60O$-00; stock cow, $.008.60: atock
calves, ib.oooio.6o; vest caivea, is.outp
15.60; bull, atage, etc.. $6,00 10.00.
Hog Receipt of hog today were the
heaviest of the year, estimate calling for
286 loada or 20.000 head. Somewhere
around 1.000 hoge sold early at prices
that were quotably ateady to 25o lower,
then movement became very' alow and
nrlce larselr 26B60c and sosslbly more
lower. Trade was decidedly, uneven at a
DU1K OX aiS.0UBB19.VV WHO. S Vp- fie.SB.
Sheep and Lamb Receipts ' of aheep
and lamb were fairly liberal, almost 10,.
ooo head showing up. Demand rrom pacx
er appeared to be fairly broad and ac
tive and prices in all orancnea or tne
trads waa well maintained. - Oood fat
lambs sold around $19.60020.00 with some
nrettv rood killers around $19.25. Fat
sheep ruled etrong, a few heavy native
wether reached $15.60 and some big na
tive ewes selling at $14.60. Spring lamb
old In small package at $Z4.oo25.oo; no
business of consequence was reported In
feeder and shearer, prices remaining
nominally steady. Thin shearing lamb
went to tn country at sin. so.
Quotations on SheeD and Lambs Lamb.
good to choice, $19.75020.26; Iamb, fair
to good, $19.00019.75; shorn lambs, $16.00
O17.00; spring lambs, $22.00025 00;
shearing ' lambs, $17.60019.21; feeding
Iamb. $11.76017.75: cull lamb, $14,000
. . ., . . . .aa. nr. ..i,m
10. ov; yearuuss, ,i,,Duvii,io wbihcib.
$14.35015.60; ewes, good to choice, $13.76
014.60; awes, lair to gooa, siz.ydqu.".
ewe cull and eannara, a5.gooiu.oo. ;
Kansas City live Stock.
Kansaa City, Mo... March 80. Cattle
Reeelpta, 11,600 head; market generally
steady .to strong; heavy beef steers,
choice and crime. I13.00O14.16: medium
and good, $11.26012-90: common, $10.00
011.15: iigntwolgnt. good ana cnoice,
$7.60011.21; common and medium. $9.00
011.69; butcher cattle, heifers, $7,250
13.25; cows, $6.90012.00; canner and
cutter. $4.6006.90;, veal . calve. $14,600
16.26; . feeder steers,' $8.40012.60; atocker
steer, $6.76011.50. .
' Hog Receipts. 11,500 head: market 25c
to 60o higher; bulk, $14125016.66: heavies,
$14.00016.00; mediums, $14.75016.60;
lights, $11.10011.80; packing low, $11.76
013.50; plg, 113.00011.25.
Sheep andXsmb Receipt, T.I8S head;
market 16a to 25o higher; lamb. 117.50
020.40; culls and common, I14.00O17.15S
yearling wethers, IH.00O17.6D; owes,
I7.76O14.K0; culls and common, 15.60
11.10; breeding ewes, 19.00 16.60! feeder
lambs, tl4.15QlS.il.
Sioux City IJv stock.
Sioux City. la.. March 10. Cattle Re
ceipt, 2,600 head; market ateady to 25o
higher; beef steers, choice fed, $11,500
14.00: short fed, $9.6011.50: beef cows,
$7.008.00; fat cows and heifers, $8,000
ll.r.0, canners. $4.6006.00; veal calve,
$8.00015.00; common calves. $6.0009.60;
feder. $8.00010.50; stockere, $7.00
9.75; feeding cow and heifers, $6.00
8.00.
Hog Receipt. 1,000 head: market
steady to 25c higher; light,' $14.60015.40;
mixed. $14.00014.76; heavy, $11.60014.61;
bulk, $14.00l6.26.
Sheep and Lamb Receipts, 200 head;
market strong.
St. Joseph IJv Stock.
St. Joseph, Mo., March 10. Cattle Re
ceipts, 3,600 head; market alow, steady;
steer, $9.60011.50; cow and heifers,
$6.00013.60; calves, $6.00014.00.
Hog Receipt, 7,000 head; market
higher; top, $15.75; bulk, tlt.60015.60.
8heep and Lamb Receipt. 6,000 head;
market higher; lambs, $19.60020.26; ewe,
$14.00016.28.
New York Cotton.
New York, March $0. Cotton eloeed
tesdy, net unchanged to 11 point lower.
SickBabyChicks?
There Is only one way to deal with baby chick
and that la to keep them well. Doctoring b
dred or mora ebiek I mighty !! scon raging work.
It' pure carelessness to lose mora than 10 per
cent of chick i, f rom hatching to full growth. Mny
lose 40 per cent to 60 per cent, and eveo mora. So
profit In that.
Our book, "Cars of Baby Chicks ffree) aad a
package of Gennosone la the best chick Ininrance.
WITH BABY CHICKS YOO MUST PRBVXNT
SICKNESS KOT ATTEMPT TO CURE. "I never
bad a alek chick all hut seon" C. O. Petrstn,
Molina. I1L "Notaeueof white dlsrrhoesln threa
years" Ralph Worst, Erie, Pa. "Hare 800 cbloks
sow wee as oia ana noc a single case or Dowel
trouble" Mrs. Win. Chrlstlsna, Olive Kldge, New
York. "Two weeke after we started last soring wa
were a mighty dlscoursged pair. Every day from
three to six chicks dead. A neighbor pat u next
to Gennosone end wa are bow lore If we had bad It
at the start we would not have lost single ohlck'
Win. E. Shepherd, Scraoton, Pa.
. "My hens haven't quit laying an stumner sad
ny cblckadld better thsa ever before, thanks to
Germoxone" lira. Mssale Perkins. Csllao. Mo.
"eermosono saved or flock of $00 chicks and
larks" Cant Root A. Tyson, Callttoga, Calif. "I
osiDuwcnicKsoutoTXia" nay uirvin, voase,
Mich. "1 know Germosona Is a nreventlve. Hava
not lost a chick from bowel .rouble" Mr. J. A.
Fleming, Caesvllle, W, Va. "I bar never befcro
sen each healthy chicks. I would not try to ralsa
chick without Gennosone" J. R. Bskola, No.
Bean Vlita, Is. "I sever would bsv believed ft
A healthier bunch, now, you never saw" A. F.
Lemke, Fargo, 5. D. "Pre rents all the Ills that
chicks are heir to" A. C Pennlmsn. Fort Scott
Kan.
iFPMft7flNP wood' worker for
VjE.lVVlWZ.Ulr. ehlcks,chlekena pigeons,
eata. dogs, rabbit or other pet or domestic stock.
It I preventive u well a curative, which I tea
time better. It I need meet extensively forrouo.
bowel trouble, snaffles, gleet canker, swelled bead.
or newo. sores, wounaa, torn oi rur or xeauera.
tie. 15c MM okaa. at desUega or postpaid.
CEO. tu LEE CO., lit) Harney dt
Otaaha. Nat,
Omaha Grain
Omaha. Neb., March 80.
The market today wa narrow and with
out particular feature. Wheat brought
prlcea lc to to higher, the limited num
ber of offering having a fairly ready
ale. Corn ranged unchanged to lo up.
generally 10 higher. Oat were unchanged1
to o up. The top today of 94o obtained
for No. t white la a new high level at
the Omaha market Rye was unchanged
and barley nominally about steady.
Cash aales were:
Wheat No. 2 hard, I ears, $2.6$; 1 car,
12.67 (smutty); No. 1 hard, t cars, $2.67;
4 cars, $2.58; 1 car, $2.55; 1 cars, $2 64;
1 car, $2.63 (smutty); 4 cars, $2.60; No.
4 hard, 1 car, $2.53; 2 cars, $2.62; No. 4
northern spring,. 1 car, $2.52; No. 6 north
ern spring, 1 car, $2.45.
Corn No. 2 white, 1 car, $1.58; No. 1
white, 6 cars, $1.65; No. 4 white. 4 cars,
$1.62; No. 6 white, 3 cars, $1.60; No. 0
white, 1 car, $1.46; No. 2 yellow, 1 oar,
$1.68; No. t yellow, 2 cars, $1.67: 1 car,
$1.66; No. 4 yellow. 9 cars, $1.68; No. 6
yellow, 1 car, $1.60; No. 1 mixed, 1 car,
$1.56: No. 8 mixed, 1 car, $1.64; 1 car,
$1.63 (near white): No. 4 mixed, 1 cara,
$1.60 (19.4 per cent moisture); No. G
mixed, 1 car, $1.49; 1 car, $1.49 (near
white); No. mixed, 1 car, $1.48 (sour);
sample mixed, 1 car, l.tg (not, sour,
62 per cent damaged.
Oats No. 1 white, 6 cars, 94c; t cars,
93c; sample white,- 1 car, 93o.
Rye No. $, 1 car, $1.72.
OMAHA GRAIN MOVEMENT. '
Receipts Today Wk. Ago Yr. Ago
Wheat i 17 47 11
Corn 84 79 96
Oata 21 19 43
Rye 13 8.9
Barley 1 6 10
Shipment Today Wk. Ago Yr. Ago
Wheat 27 87 221
Corn 38 86 84
Oat i 17 16 . 91
Rye 2 i s
Barley ... 11
RECEIPTS IN OTHER MARKETS.
Wheat Corn Oat
Chicago 28 149 111
Kansas City 132 2S if
St Lout 63 It . 17
Minneapolla 83 ... ...
Duluth 19 . ... ...
Winnipeg- 386 . . ... - ...
OMAHA GRAIN INSPECTION.
The number of car of grain of the aev
cral grades Inspected "In" here durng the
last 24 hour follows:
'Wheat No. 1 hard, I; No. 2 hard, 11;
No. 1 hard. 12; No. 4 hard, 4; sample
hard, 3; No. 1 mixed, 1; No. 2 mixed. 1:
No. 2 mixed, 6; No. 4 mixed, 3; No.. 2
spring, 1: No. 6 spring, 1; total, 46.
Corn No. - 3 white, 6; No. 4 white, 7:
No. 6 white, 6; No. 4 yellow, 12; No. 6
yellow, 64 No.- 6 yellow, l; No. 8 mixed,
9; No, 4 mixed, 10; No. 6 mixed, 2; No. 6
mixed, 2j total, 62.
Oats Nn. 1 white,'!; No. 1 white, 18;
sample white, 1; total, 21.
Barley No, 2, 2; No. 3, $; No. 4, 1;
total. 9. '
PRIMARY RECEIPTS AND SHIPMENTS.
Today Year Ago
Reoeipts Today
Wheat 470.000,
Corn ...706,000
Oat 822.000
Shipments .
Wheat .169,000
Corn 300,000
Oats 466,000
(Holiday) :
, 'EXPORT CLEARANCES.
Wheat, and Flour.,... v.. 147,000 287,000
Oat ......255,000 20,000
Washington, D. C. Meat Intended for
Germany and the continent of Europe Is
being diverted to British port and Is add
ing to the congestion existing there. Ar
rlvals at British ports during the last few
month have been twice as large aa the
consumption ot Imported meats.
There are about 100,000 tons of meats
In atoe.it In the United Kingdom and ware
house In both Australa and New Zealand
are filled with meat purchased by the
British government.
The British committee of wheat supply
has fixed tho following maximum prices
for Imported flour to use In manufactured
bread or for retail trade at 64s, or about
112.14 for S60-pound ack when bought
from a government agent and 65.80s, or
about 112.43. on a retail sale. The price
of damaged flour under any condition is
not to exceed 64s, or $12.14.
- Tha 11 tariff on imDorts from the
United State to Brasll has been continued
by presidential year for the year 1920, ac
cording to a cablegram from the Amer
ican embassy at Brazil.
Chicago Tribune says: Corn traders are
rreatlv mixed over the situation. They
.can ee numerous argument suitable- tu
both side, but the one that stands out
1 the scarcity of cars, lack of hedging
pressure and small accumulations in the
face of average arrivals for this time of
the year with tne exception oi mis. con
tract stock ot 32.000 bushels are only
3,000 bushels more than the previous week,
while Chicago atock increased 103,00s
bushel In all cositiona and are 1,277,000
bushels, The visible Increased 381.000
bushel, and Is 5,636,000 bushels against
2,614,000 bushel last year. Marcn 1 con
gested and 6o over May with the open
Interest llaht and malnlv between cash
house. -Southwestern and a number of the
local operators are bearish on corn. A
Kai sse Cltr message to Thomson-McKln-
non said the general feeling there Is that
corn 1 not worth the money,, there being
a loss In feeding, a corn 1 25c a bushel
too high, - and farmer are selling both
their hog nd corn Anotner bear argu
ment la that the more corn that 1 held
back now, the more there will be to come
in later, malting a nearisn situation men.
Trader bullish On oats say they can aee
a atrong technical situation in May. A
large spread exists between Chicago ami
Winnipeg, which ha been so overextended
In a few Instance that the Winnipeg
clearing house ha notified a few operators
to reduce their lines. With May oats
bought In Winnipeg and sold In Chicago,
doing of the spread naturally helps to
strengthen Chicago which closed prac
tically the same aa Saturday, while Winni
peg finished lo lower.
The Kansas wheat crop 1 eslmated at
so.000,000 to lUU.iiuu.iHH) Dusneis dv Kan
sas City people, allowing for a lose of 1.600,
000 to 2,600,000 acres, due to drouth and
winter killing. This acreage will go
mainly Into oat, - The Quaker Oat com
pany ts running Its plant at 50 per cent
of capacity, aa the export demand has
fallen off ateadly for some tme. It doe
not expect to change It run the balance
of thla season. No purchase of oat have
been, made hero In 10 day, except to fill
hipping contracts.
' Minneapolis Grain.
Minneapolis, March 80. Flour Un
ehnnged. Wheat No. 1 Northern. $2.8501.00.
Corn $1.6601.68.
Oat 88 0 90 e. . ...
Barley $1.26 01.61.
Rye No. 2. $1.76 01.71.
Flax No. 1, $4.8104.86.
BROKERS AND SALESMEN
Are yon ready to take on the sale
of a high class oil lease combina
tion which we will cut and fit to
match any sized purse. Look us un
and write. Non-Producers need not
answer.
J. F. MARION COMPANY
tOt Burkburnett Bldg, Fort Worth, Tex.
is the story of
Peter Perkins
and how he ac
cumulated $10,000 in ten
years by invest
ing $25 per month
in high-grade listed
stocks and bonds,
on a novel plan.
"Getting Ahead" is
as interesting as
anything you ever
read. Thousands
have read it and are
now"getting ahead"
financially on the
. same plan.
You will be fascin
ated with it. Bat
better still, it will
show you a new way
to invest your sav
ings monthly how
to get interest, plus
PROFIT, on your
money without sacri
ficing saf ty. We send
It free. 1 KITE FOB IT
1U0AI.
t-i S ; j ii',
l6
149-H South La Sail St, Chicag.
Chicago &ajn
By CHARLES D. MICHAELS. -
Chicaero. March 30. Grain prices
were the lowest early and the high
est at the close, the latter due to
covering by early sellers. Wires
were working poorly and news from
the outside was limited, but local
conditions were enough to cause
strength at the last Net gains were
IJic on March corn and fjc to lc
on distant futures, oats and rye
gained Jc to j4c and barley Jc.
The provision trade 1 largely paralysed
by the labor troubles at the stock yards
and packing houses. Armour was the best
buyer and gave the market aupport when
needed. At the last pork waa 10c lower,
lard 7 Vie higher to unchanged and short
ribs 6o higher.
Short in March corn found little for
sale when they tried to oover. Trade waa
limited, but prices advanced readily to
11.64, a new high figure on the crop,
and closed within Uo of the top.
The strength In March led many of the
local traders who had taken the bear side
early to start to cover and they found
that prices went up much easier than they
went down, th outside figures ehowmir
Kittlftc above the low point, with the
finish at the best prices.
Kxporters bought 5,000 bushels No. 2
hard winter here at 1.78, track New
York, for shipment by April 15, i new
high level. Winter were 203o higher
and springs unchanged to 5s higher, with
dark No. 1 northern selling at $2.00.
Louisville wa In the market for cash
oats hero, and with light offerings prices
were well maintained despite a small break
In futures early. No. S white declined
fractionally a compared with the May.
Highest price on record were paid at
Omaha, and southern blda downstate for
deferred shipment, were equal to Chicago
spot prices. Sentiment generally has be
come somewhat more bullish. The east
Is bare of suplles, and wanted grain
for quick shipment. Futures held within
a range of 49ic and closed at the top.
Seeding progressing rapidly northward.
An urgent demand for cash rye existed,
the seaboard bidding lHo over May,
track Baltimore. Local mill paid 2ttO
2o over May for spot rye, against 2Ko
over tha previous day.
Barley price were unchanged with a
moderate demand. Spot (ale were at
$1.4501.6$.
CHICAGO CLOSING PRICES.
By ITpdlke Oraln Co., P. 1627. March SO.
Low. Close. 1 Yest'y.
Corn I
Men. 1.62
May I 1.56U
July I 1.60 I
Sep. 1.46
Rye 1
May 1.78
July 1.72 j
Oata
May .!
July .7814
Sep. .68
Pork
May 36.20
July 86.26
Lard
May 20.65
July 121.46
Ribs
May 18.10
July 19.40
1.64H 1.62 1.64
1.67 it 1.66 H 167
1.61 1.49 1.61
1.47 1.45 1.46
1.78 1.77 1.78
I. 72 1.71 1.72
.86 .85 .86
.79 .78 .78
,6 .68 .68
36.40 36.20 36.40
36.80 36.20 36.50
20.75 20.67 20.78
21.62 21.36 21.62
II. 00 18.80 18.11
19.45 11.10 16.42
l.2
1.56
1.60
1.46
1.78
1.72
.4
.78
.61
36.60
26.60
20.80
21.52
11.9
11.87
Chicago Potato.
Chicago. March 20. Potatoes Steady;
receipts, 77 cars; northern round white,
sacked, $6.8506.00; northern round white,
bulk. $6.0006.70; Minnesota Early Ohio,
$6.26.
I
UPDIKE
W Specialize la the Careful
Handling of Order of
Grain and Provisions
for
Future Delivery
to
All Important Markets
' W Are Member of
Milwaukee Chamber of Commerce
Minneapolis Chamber of Commerce
St. Louis Merchants Exchange
Kansas CHy Board of Trade
Sioux City Board of Trade
Omaha Grain Exchange
W Opera' Office et
Omaha, Neb. Slbux City, la,
Lincoln, Neb. Atlantic, la.
Hasting, Neb. Hamburg, la. ,
Holdregc, Neb. . Des Moines, la.
Geneva, Neb. Milwaukee, Wis.
Chicago. III.
and all of these office ere eon.
nected with each other by private
wire.
We Solicit Year Patronage
THE UPDIKE GRAIN
COMPANY
Grain Exchange Building,
Omaha, Nab.
P. S. Cash Consignments Solicited.
Commodity
(Crash
Coming.
Prices on many commod
ities are already toboggan
ing. Others, still balancing, will
crash soon. 1
But
A third class will hang high
for some time to come.
Commodity Bulletin, Just off tho .
press, answers vital questions on
the present unusual combination
of circumstances in the commodity
market It contains information
of vital importance to all buyers
of commodities and raw materials.
With these facts before them many
business men can tee what's ahead
and govern their purchases ac
cordingly. Report on Request
A few copies of this Bulletin are
available for distribution to inter '
ested executives, gratis. .
Tear out the Memo how and
hand it to your secretary when
you dictate the morning's mail.
Mmfy atk for Battlin 101-EQ
The Babson Statistical Organizatios
wonesiey tims, Maes,
Lsrgat Organuatton qfBiaitmi Adviiert
in (As World
tear orr HCRI
Memo
For Your
Secretary
Write Roger W. Babson, President
oi tne tMDSon s statistical organi
sation, Wellesle Hills, Mass., as
follows: Please send copies of Spe
cial Commodity Bulletin No 101-q
ana tJooiuet " increasing NttttoJ
its" gratis.
. aim j
I lS"-gl
Short Term Notes
Quotation furnlahed br Peter Trust
Co: Bid. Aikad.
American Tel. Tel la, 1124 13 4!a
American Tel. Tel, s. It 15 T Is
American Thread 6s, 1921,,., 7 I
American Tobacco Ts, 1920. ...100 100H
American Tobacco Ts, 1SM....100 100
American Tobacco Ts. 192. ...100 lot
American Tobacco 7s, 1913. ...100 100
Anaconda Copper 6s, 1131. ... 9H
Anglo-French Bit. 6s. 1920.. 1 SV,
Armour & Co. Con. Deb. 6, '20 99 101
Armour & Co. Con. Teb. 6s, '21 99 101
Armour & Co. Con. Deb. 6s. 23 991 101
Armour & Co. Con. Deb. 6s, 991, 101
Armour a Co. Con. Deb. 6s, '24 99V . 101
Bethlehem Steel Co. 7s, 1922.. 99i 100
Bethlehem Steel Co. 7a, 1113.. 89 Uj 100
British IVis, 1921 DV 98
Canada la. 1921 9i
C, B. & Q. 4s, 1131 94 95
Cudahy Pack. Co. 7s, 1923.... 99 100
Oen. Electrlo Deb. 6s. 1930..., 98 99
OTat Northern Ky. Ss. 1930.. 98 ' 99
Kansas City Terra 6s. 1123.... 86 97
Liggett A Myers s. 1931 .... 88 98
Proctor Gamble 7s, 1931,. ..100 loo
Proctor & Gamble 7a, 1922. ...100 101
Proctor & Gamble 7s. 1923. ...100 101 U
Southern Ry. a, 1920 93 94
Swift Co. 6s. 1921 98 99
Union Paclflo 6a, 1938 100 108.
U. 8.-Rubber' Ts, 1921 102 103
Wilson Conv. Is, 1928 91 92
; LIBERTY BONDS.
First 3 t.97 7C
First 4 90.50
Second 4 , 89.50
First 4 8.70
Second 4 89.84
Third 4 83.86
Fourth 4 b
Frith 3 ...97.68
Fifth ta 97.11
Liberty Bond Frlce.
New York. March 30. Price of Liberty
bond at 11:30 a. m. today were: 3s,
first 97.20; second 4s. 89.48: first 4s,
10.60; second 48. S9.7I; third 4', 98.-83;
fourth 4s, 83.71; Victory 3s, 87.48;
Victory 4. 17.48.
Final prices of Liberty bonds today
were: $, 17.04; first 4s. 30.60; second
4s, 81.44; first 4B, 90.60; second 4s,
89.14; third 4H. 93.38; fourth 4, 88.82;
Victory 3, 87.12; Victory 4, 87.14.
Evaporated Apples end Dried Fruits.
New York, March 30. Evaporated Ap
plesQuiet; California. 14 to 20c; stats
1721o.
Prunes Firm.
Apricot Scare.
' Peache Dull
" Raisins- Barely steady. '
New York Sugar.
New York. March SO. Raw Sugar-
Strong; centrifugal, 13.39c; fin granu
lated, It.UUWlB.UUC
Bar SUver.
New York, March 30. Bar Silver
$126.
Mexican Dollars 96 Tic
. Spot Cotton.
- New York. March 30. Spot cotton,
steady; middling, 41.10c.
New York Coffee.
New York, March $1. Reports that
Santos shippers were accepting lower bids
for summer and early fall shipment with
the easier ruling of sterling exchange,
seemed to account for an early decline
In the market for coffee futures today.
The opening wa t point higher to 6
point lower, but active months soon sold
4 to 11 point under last night's closing
figure with May touching 14.280 and
December, 14.20c. There waa some trade
tmvin on thla decline, however, and the
market rallied, later on report of a bet.
t.r lone at Klo ana covering ioc over
the approaching holiday. May sold up
to 14.37o and December to 14.!9o, wltn
the market closing net 1 points higher to
I points lower. March ,14.27c;. May,
14.35c; July, 14.60c) September, 14.33c;
October, 14.31c; December, 14.38c- ' -
r Xr Oeedsv. ... .V,'"
New York, March 30. Cotton good t
day were firm -with trading of roo4 era
volume. Mercerised combed yarn we
easier, while other rarn were Arm. B
lapa were firmer. . Raw Silk was m
ohanged and reported firm at reoent a
vance. Dres good of ft fin ckareou
were being purchased for tall In e 00
arvatlv way. , JY '. J
, Kansas City -Produce. , J
Kansas City. Mo., 'March, 30. BetUr
TJnchanged. i
Haas Currant receipts, too lower M
case, 1J so: firsts, io lower, sjo.
Poultry Hena, 3o higher, I To.
Itniwed OU.
Duluth, March S. Linseed $4.1$. '
jVEARLY half a million Chev
rolet cars have been built
and sold." Their reputation for
efficient and economical service :
has grown as steadily as the
number of Chevrolet owners has
increased
Chevrolet Motor Co,
of Nebraska
Retail Store 221S Farnam Street ' j
4-.,.,-r.f
ChevreUt "Fcer-Marfy" Tenting Cm', $795. fUM, Uichj
x T'VV" T W
9W f " '9 ' f
iV-Vv-t
sffmnm
mi
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1
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m m 11
I Ml
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II
fiiaa m
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(!Kii)!Q!astm
93 aa taa
m on
Belts Eft'
'io EB
mm m
bee eo aa
!U 5E
em mm
m o& aa
m m n'a
III ll-tn ' gl -i1 m.1
Q!2Q ,
gMgsgs$tlsstsssklgeggegesssge T i B If'niT i -
..The property is 'lo- -cated
in the estab J
lished financial district
of the City of New " '
York ' and r possesses
unrivaled transit fa
cilities. The building".",
affords direct access
to the Sixth Arenue
and Ninth Avenoe.
Elevated lines, and
altogether seven of
New yorkti maliv
transportaticm. arte- (
ries subways, ele :
vated and u-fa i ; .
lmet--receive or dig
charge passengera vt
or dose by the btu1d-r
ing, .' ' t - . -
': .r.
Two Rector
3,000,000
Street Core
ioratiohr
(United States Express BuildmgNEW YORI "r. -
First Mortgage 15-year 6 Sinking Fund Gold Loati
Dated April 1, 1920 Duo Aptfl 1, 1935 , -
Interest payable emi-annually April 1 and October 1. ; Coupon in form in denomfaiM
tions of $1,000 and $500 with privilege of registration 6f principal .'
. ' Interest payable without deduction for Federal Income Tax tip to 2 -Title
insured by Tnu Guaranty & Trust CoitTAxr, New York . .
Plot 18,000 Square Feet 23 Story Fireproof Office Building Rentable -Area
265,000 Square Feet Fully Rented Fully Insured Loan for'
less than Appraised Value Absolute closed First Mortgage Mort- -gage
contains Strong Sinking Fund Provisions, providing for reduction -;
of the loan.
In the opinion'of counsellegal investment for'trost funds tinder "
the laws of the State of New York .
'.'""' . . ,
'
The loan is offered if, as and when issued and delivered to us and subjtet to ' '
approval of all legal matters by counsel. Delivery on or about April L 1920 m- '
temporary form exchangeable for securities in permanent form when prepared.
Price, 100 and accrued Interest, yielding 6
..."
Complete circular upon request.
t
" . . . - -
The National City Company
Omaha First National Bank Building Telephone 3316 Douglas '
, CormpomUnt Offlicet im mort tktn fifty Cafiej . " V "
, , s .... . ,- , ':.'' 5 '
Th above atatoments are bated en information derived (rom official sources, er ' .
. those which w regard a reliable. W do not guarantee, but believe them to be correct. ' - ,,"
' ' '. , ' J. , . - . f
l ' t i .' 2 . . I ' ' f f.