Market, Financial and Industrial News of the Day
live Stock
Omih, Neb.. April t.
Ttscelpts wore: Cattle, Hoga. Shesp
Official Monday... ..12,007 11,624 1,2
Official Tudy.... 7.64 IJ,33 7,66
Official Wednesday.. ,674 1,0 0,416
Kntlmated Thursday ,00 17,500 9,000
Four daya this wk. .32.278 S0.877 43,265
Sams daya last wlc...33.103 70.12 29.661
Same daya 2 wtta. ago.25,818 41.734 27,321
Sams day J wka. ago. 27, 214 63,144 31,920
Sama day year ago. .26.114 44,m 26,131
Receipt! and disposition for liva stock
at tha Union Stock Yards. Omaha, Neb.,
for 24 hours ending at 3 o'clock p. m.,
April I, 1320.
RECEIPTS CARS.
Horses
- and
Cattle Hoga Bbeep Mulea
C, M. & St. P 1
Wabash I
jMlssourl Pacific .2 1 ... ...
tnion Pacific ... 40 44 20 1
C. & N. W., east. 2 3
'.. A N. W.. weat. M 42 2 ...
O., B. & Q., eaat.. 23 15 ... ...
O., B. & Q., west. 1 20 12 ...
C, R. 1. A P., eaat 14 S
n., R. I. A P., weat 2 1
Illinois Central... 2 7 ... ...
Chi. Gt. West... It
Total Hcelpts'.25 158 34 1
DISPOSITION HEAD. -
... . - Cattla Hogs Sheep
Morris A Co. 376 1,066 S90
Swift A Co 2,069 2,884 1,553
Cudahy Packing Co.. 701 4.263 242
Armour A Co 1,302 2,844 1,876
bchwarts A Co 141 .. .
J- w. Murphy 2,647
Lincoln Tacking Co.. 45
So. Omaha Pack. Co. G- ....A- .. ..
John Roth A Sons,... 40 ;..
Mayerowlcb. A Vail.. 20
(laxsberg 21
P. O'Uea 3 ' .
W. B. Van Sant A Co 2:i
V P. Lewis 14
.T. B. Root A Co 67
.1. H. Bulla 12
F. O. Kellogg 3
AVerthelmer A Degen 113
Kills A Co 20
Sullivan Bros 24
A. Rothschild 13 ,
Mo,-Kan. C. 4 C. Co. 31
K U. ChTlatie 28
Baker 4
.lohn Harvey 1C3
-'oi.atn A I.undgren.. 25 .....
Dennis "A Francis.... 5
Omaha Packing Co.. 15
Midwest Packing Co. 1
T.lnlnger 494
Kingman ; i $1
Skinner 21 S 618
Other Buyers 1,332 627
Financial
Total .... 7,176 14,995 6,686
Cattle Arrivals were fairly generous
with 6,900 head being estimated. Total
for the four days is 32,200 head or slightly
Jess than a week ago, but 7,000 in ex
cess of arrivals a year ago. The early
market atarted out on about a steady basis,
but later when news cams of the atrlke
at St. I,ouls and KanHas City, packers
practically stopped buying and prices
looked 16&'25c lower. As compared with
a week ago prices are steady to strong.
Butcher stock cold at prices ranging
from steady to 26c lower with very lit
tle activity and friirn packer buyer later
In the morning. Quality of the run was
exceptionally good. For the four days only
a small ctdvnnce .is retained. Anything
good in the feeder line is about steady
with a week ago. but stock cows and
heifers are all of 25)60c lower with a very
small demand from the country.
' Quotations on cattle: Good to choice
beeves. 9I3.0014.00; fair to good beeves.
11.76ffil3.00; common to fair beeves,
310.00W1 1.76; good to choice yearlings,
12.0lj13.60; fair to good yearlings,
tl0.A0(pl2.O0; common to fair yearlings,
W 00 10.00; choice to prime heifers.
J19.00ll.50: god to choice heifers. 38.75
ifMO.00; cholc to prime cows, I10.504D
11.60; good to choice cows, 38.6010.50;
fair to good rows. 17.008.35; cbmmon to
fulr cows, I4.507.00; choice to prime
feeders, $10.0011.00; good to choice
feeders. IS.Uflef 10.00; medium to good
feeders, $8 009.00; common to fair feed
ers, I7.O0SJI8.0O; good to choice atockers.
59.0010.60; fair to good stockers. 17.76
8(10; common to fair stockers, 6.007.76;
stock heifers. !6.008.60; stock cows, 16 76
S.00; stock calves, 36.0010.00: veal
ralves, 310.00OI6.00; bulls, stags, , etc ,
6.0010.50.
BEEF STEERS.
.No. Av. Pr No. Ar. Pr.
0 1036 12 CO 38 1067 $13 25
1 10711 12 ?0 27 1104 12 35
16 1160 12 75 26 1337 13 00
21, 1318 IS 50-
r STRERS AND HEIFERS.
W,..4.564 00. . 18,...,,,. 643 10 7
!!..riD80' 11 10 29. ...... 727 11 15
21 751 11 60 83 940 11 60
24 .. 830 11 75 9..".... 97S 12 00
4 , 953 12 15 16 768 12 50
COWS.
..-.... 817 R 00 20 1020 7 10
13 767 7 25 27....... 976 10 25
8 1115 10 50 18 1168 10 75
1J 1245 11 60 22 1172 11 75
HEIFERS.
20 871 10 40 13 855 10 50
BULLS.
1......1180 t 65 1 2110 9 00
1 1210 9 35 1 720 60
6, 734 11 00
CALVES.
11, 164 10 25 1 140 13 60
6 "34 15 00 1 170 15 60
J 140 15 75 1 140 IS 00
STCCOKERS AND"FEEDERS.
11 653 8 76
.Hogs Receipts today were estimated at
Z4 loads, or 17,300 head. The tieup of
transportation at outside points depressed
the hog market here. The market was
vorv slow getting under way and prices
were 2576c lower than yesterday, ship
peri being practically out of the game.
Bulk of sale waa $13.25 14.00, with a
top of $14.25.
HOGS.
No. Av. Sh. Pr. . No. A v. Sh. Pr.
42. .80S ... $13 10 60. .560 70 $13 15
74. .253 80 13 20 62. .277 140 13 25
73. .360 ... 1$ 60 77. .227 ... 13 60
38. .261 ... 13 75 69. .248 110 13 85
65. .222 ... 13 90 66. .190 ... 14 00,
69. .189 ... 14 10 71. .205 .:. 14 35
Sheep Tha yard estimate called for a
total of 9.000 head of sheep and lambs.
No bids were placed early and all of the
local packer buyers had instructions to
remain cut of the trade until further ad
vised. Tha strike situation at Chicago
and other markets was given as the rea
son for a lifeless market as several of
the railroads serving Chicago territory
refused to accept outbound shipments and
packers are unable to move their products
aa a result. Prospects indicate a slow
and sharply lower market on all classes
of sheep and lambs. Two loads of good
8,1-pound shearing lambs went to the
country at $18.76.
Quotations on Sheep Lambs, good to
choice. $19.0019.60; lambs, fair to good,
II8.3518.75; shorn lambs. $16.0017.00;
shearing lambs. I18.0018.75: feeding
lambs, $1.7517.75; cull lambs, $14.00
16.00; yearlings, $16.75 18.00: wethers,
$14.50916.76; ewes, good to choice, $13.75
914.60: ewes, fair to good, 12.0013.60;
ewe culls and earners, $5.00 10.00.
SHEARIN GLAMBS.
Ne. - Av. Pr No. Av. Pr.
324 fed... 81 $1871!
Chicago Live Stock.
Chicago, April 8. Cattle Receipts, 2,000
head: market weak; beef steers, medium
and heavyweight, choice and prime, $13.76
15.00; medium and good, $11.6013.75:
common, $10.00 11.60; lightweight, good
and choice, $12.4014.25; common and
medium, $9.7612.40; butcher cattle, heif
ers, $7.6613.75; cows. $7.6012.15; can
ners and cutters, $5.007.60; veal calves,
$13,75416.26; feeder steers, $9.00011.65;
storker eteen. $7.6511.26.
Hogs Receipts. 2,000 head; market
steadv to S5o lower than yesterday's aver
age; top, $16.76; bulk. S1S.0016.25; heavy,
$14.606iil6.60; medium, $16.1016.40; light,
$16.60016.40; light light, $14.80016.00;
heavy packing sows, smooth, $13.00 13.75;
packing sows, rough, $12.76 13.26; pigs,
$13 00(5 15.00.
Sheep and Lambi Receipts, 1,000 head;
market nominal: lambs, 84 pounds down,
$18.0020.75; culls and common, $14.76
175; ewes, medium. good and choice,
$U.O015.OO; eulls and common, $6.00
10.75.
1 Sioux City Live Stork.
Sioux City, la.. April 8. Cattle Re
eeipts, 2.000 head: market steady; be-f
steers, choice fed, $12.25 13.50; short fed,
I9 0012.00: fed yearlings. $9.00613.00;
beef cows, $8.757.76; fat cows and heif
ers, 18.00011.75; canners, $4.006.60; veal
calves, $7.00915.50; common calves, $6.00
69,26: feeders.- $S.0010.00; atockers,
t7.OO0t.SO; feeding cows, $5.006.60;
Blocker heifers, $8.0008.00.
Hoga Receipts, 12.000 head; market
60o to $1 lower: range, $12.50 16.00;
mixed bulk. $13.0014.OO.
Sheep and l.ambs Receipts, 1,000 head;
market stoady.
Ktis ntv IJva Mock.
Kansas City. Mo., April 8. Cattle Re- J
reipts, 5.900 head; market alow; light beef
steers about steady; others unsold; no
prHs Receipts. 7,000 head; market I5e
to 60c lower; bulk, $14.00 15.00; heavies.
$13.60 0 14.00: mediums. $14.00 16.00:
lights. $14.75015.50; packing sows, $1L60
O12.60; pigs., $7.500 14.76
ShP and Lambs Receipts, 8.00O head;
no trading, due to unsettled railroad con
ditions. St. Joseph Live Stock.
St. Joseph. Mo.. April 8. Cattle Re
ceipts, 4.000 head: market 25 cents lower;
steers. 810.00 (r 14.00 ; cows and heifers.
$5.001S.DO; calves. $".00612.60.
Hoes Receipts. 13.000 head: market 10c
tn 25c lower; top. $16.60; bulk, $14 25
15..
Sheep and Lambs Receipts. 4,000 head;
w.. .i.w lui til co0l4O: awea
sli aasais.oo. ..
Chicago Tribune-Omaha Boa Leased Wire,
New York, April 8. Heavy
realizing sales came into the stock
market after a broad advance to
day, a development which caused
much irregularity jn the industrial
list at the close of business. Issues
which had scored sharp gains since
Monday declined, in many cases,
from 2 to 4 points, but at the same
time a number of railroad equip
ment, sugar and specialty shares
left off with sizeable gains.
While the selling wai doubtless a
natural product of the week's up
turn, tempting traders to convert
part of their paper profits into
cash, the comment of the street in
dicated that uncertainty over several
fundamental factors as affecting
business and transportation had a
share in furthering sales. The spread
of insurgency among union railway
workers was considered as a dis
quieting matter, threatening a
serious handicap upon freight move
ment from various western and
mid-western railroad centers. The
first report of the -year by the de
partment of agriculture upon the
winter wheat outlook was hardly
considered satisfactory, showing a
condition of the growing plant
6 1-2 per cent lower than the 10-1
year average at this season.
Speculators Active.
These two news Items found application
to sentiment In the afternoon. Previously
stocks had been upward with considerable
enthusiasm and the continuance of a 6
per cent call money rate was made the
most of by speculators.
The rapidity of stock dividend announce
ments in the last fortnight had centered
the attention of stock market statisticians
upon the possibilities contained in the sur
plus accounts of numerous corporations, the
results being seen in early dealings today
in much trading gossip about shares of
producing companies. Material of this sort
is exactly suited to the sponsors of pool
operations and there has been plenty of
evidence) in the past year that exuberance
over particular factors surrounding indus
trial concerns has led to a decided over
doing of speculation in securities.
Watch Call Money.
The average trader has been wont to
shape his transactions on the basis of call
money rates and cheerful comment about
corporation developments, frequently losing
sight of Important underlying matters of
credit until brought up with a round turn
by sudden realization of events not favor
able to too active speculation in stocks.
In considering the credit situation as re
specting loans on securities, attention
should not bo diverted, from the fact that
large calibre new -financing Is under way.
Including a $500,000,000 offering of Penn
sylvania railroad bonds and a forthcoming
Issue of about $30,000,000 New York Cen
trsl pflpef.
The wheat outlook as of April 1 indi
cates a crop of about 483,617,000 bushels,
which would be 248,000.000 bushels less
than the ni-tnnl vleld laat year. A condi
tion of 75.6 on this date is the lowest re
ported for many years at tno corresponu
Ing time. The prospect Is made the more
uncertain because a smaller acreage was
planted than a year ago, and reports of
labor shortage in farming territory makes
u ,.i,n timiirh difficulty will be ex
perienced In extending the area of land
plaVited to spring wheat.
Cotton Advances.
-Another advance of cotton quotations
to a new high record today reflected pos
sibilities of inadequate supplies later in
the year. Altogether agricultural condi
tions could be much better than they are.
Italian and French exchange rates
dipped downward to new low levels, with
a aharp break of lire to 23.15c. Sterling,
on the other hand, gained ground, record
ing an advance of lhio to the pound at
the closing rate of $3.93 for checks.
Contrary to what might bo expected from
French occupation of German cities and
reports of disorders, mark exchange was
strong throughout the day.
Omaha Grain
New York Quotations
Range of prices of, the leading stocks,
furnished by Logan A Bryan. Peters Trust
bUUd'nS: . RAILS.
High. Low. Close.
T, T. A S. F 84 83 83i
Baltimore A Ohio ..... ,
Canadian Pacific ...-l" 1" 1"
N. Y. A H. R 7li 73 73
Erie R. R
Gt. Northern pfd 79H 79 . .
Mo.. Kan. A Tex 86 .... 86
Missouri Pacific 28 14 J J 14
N. Y., N. II. A H . . . . 341i 33 33
Northern Pacific Ry.. 7974 'A
Chi. A N. W 86 .... 8S
Pennsylvania R. R.... 42. J2V 42i4
Reading Co 86?i 8414 5
C, R. I. A P S7 35J4 6
Southern Pacific Co. .101 99' 09'4
Southern Ry 24 23 23
Chi.; Mil. A St. P -SSH 3714 37 J4
Union Pacific lk 1191, 11914
Wabash 86 .... 86
STEELS.
Am. Car A Fdry 147 14414 14JU
Allls-Chalmers Mfg.t. 474
Am. Loco. Co ".10911 10614 10614
Utd. Alloy Steel Corp. 6114
Baldwin Loco. Works. 148 142 14JJ4
Beth. Steel Corp 1014 9814 98
Cclo. F. A I. Co 4014 ..... J
Crucible Steel Co 27614 270 2;0J4
Am. Steel Foundries.. 4814 ?4
Lackawanna Steel Co. 82 8014 804
Midvale 8teel A Ord. 48 474 48
Pressed Steel Car Co.. 10614 103 103
Rep. Iron A Steel Co. 11614 H2?i "J?
Railway Steel Spring. 103 lot 102
Sloss-Shef. Stl. A Iron 78 76 76
United States Steel. .. .10714 106 105
, COPPERS.
Anaconda Cop. Mln.. 05 6414 644
Am. Smlt. A Rfg. Co. 70 6814 ?
Butte A Sup. Mln. Co. 275 , 274 J74
Chile Copper Co 19'4 19 , 1
Chlno Copper Co 86 36 364
Inspiration Cons. Cop. 61 61 61
Kennecott Copper 32 13 3214
Miami Copper Co.....' 2614 24, 24
Nev. Cons. Cop. Co... 15 15 lo
Kay Cons. Cop. Co... 20 19 20
Utah Copper Co 79 . 77 77
INDUSTRIALS.
Am. Beet Sugar Co... 93 92 92
A G. A W. I. S. 8. ..173 170 170
Am. Inter. Corp 104 101 102
Am. Sum. Tob. Co... 101 99 99
Am. Zinc, Ld. A Smlt. 19 1 "
Brooklyn Rap. Trans.. 16 IS 16
Bethlehem Motors.... 31 29 29
Am. Can Co 51 49 49
Chandler Motor Ca...l64 169 160
Central Leather Co.. 92 89 90
Cuba Cane Sugar Co.. 64 52 64
Cal. Packing Cor 82 81 81
Cal. Petroleum Corp.. 40 39 39.
Corn Prod. Bfg. Co... 102 100 100
Nat. Enam. A Stamp. 80 78 78
Fisk Rubber Co 38 '37 .17
General Electric Co... 67 66 56
Gaston Wms. A Wig.. 16 74 174
General Motors C0...38G 373 375
Goodrich Co 73 71 7;
Am. Hide A Lthr. Co. 26 26
Haskell A Brkr. Car., 70 65i 68
II. S. Ind. Alcohol Co.lOOV 97i 98
International Nickel... 23 23 23
Internat Paper Co... 87 8j 85
Aiax Rubber Co 78 78 78
Kelly-Springfield Tire, 85 34 35
Keystone Tiro se KuD, 4St 4ui. vi
Internat, Merc. Mar. 38 36 36
Maxwell Motor Co.... 87 36 36?
Mexican Petroleum.... 2 06 201 201ft
Middle States OIL... 37 5 38
Ohio Cities Gas 44 43 44
Willys-Overland Co... 25 24 251$
Pierce Oil Corp 20 19 19
Pan-Am. Pet. A Trans. 107 104 105
Plerce-Arrow Motor... 72 70 71
Royal Dutch Co 107 106 106S
V. S. Rubber Co 1151, 112 113
Am. Sugar Rfg. Co... 33 31 42
Sinclair Oil A Rfg... 44 42 42
Sears-Roebuck Co. ....233 233
Stromberg Carb. Co. ..118 107 110
Studebaker Corp 126 121 123
Tob. Products Co 74 72 72
Trans-Continental Oil. 2614 25 25
Texas Co 218 211 211
U.-8. Food Pr. Corp.. 69 68 68
The White Motor Co.. 68 66 7
Wilson Co., Inc 75 75
Western Union 88 88
Wesfgh'se El. A Mfg. 63 52 63
American Woolen Co. 142 13614 137
Total Sales, 1,689,800.
Mcney 9 per cent
Marks nil 9
Sterling v .398
New York Money.
New Tork, April $. Mercantile Paper
Unchanged.
Exchange Irregular; sterling 40-day
bills, $8.93: eommerctal 60-day bills on
banks, $3.93; commercial (0-day bills,
$3.93: demand. $3.97; cables, $3.98.
Francs Demand, 16.27; cables. 16.25. V
Belgian Frsjics Demand, 14.32; cables,
14.20.
Guilders Demand, 37: cables, S7c.
Lire Demand. 22.R0: cables. 22.78.
Marks Demand. 1.71c: cables, 1.72c.
Bonds Government, irregular; railroad,
heavy.
Time Loans Strong; all date. 8- per
cent.
Call' Money Steady: high. 6 per cent;
low, 6 per cent; ruling rate, 6 per cent;
closing bid, 6 per cent; offered at 8 per
cent; laat loan, t per cent; bacjt accent,
anew, ptr ent. .
Cmaha, April S. 1920.
Wheat ranged unchanged to l2c
higher. Bast grades were about unchanged.
Corn, for tha bulk, was unchanged to a
cent lower. Oats were lc higher.
No. 3 white again sold at $1.00 per bushel,
the highest yet paid on the Omaha mar
ket. Bye advanced 2 3c. Barley was
So up.
Khnt No. 3 hard: 3 cars. 33.(4:
car, $2.62 (smutty); 1 car, $2.16 (smut
ty), no. nara: l car, i car, sz.oi;
1 car, $2.63 (yellow); 1 car, $2.63 (smut
ty); 1 ear, $2.68 (smutty). No. 4 hard:
1 car, $2.62; 1 car, $2.58; 1 car, $2.67; 1
ear, $2.66 (smutty). No. 6 hard: 4 cars,
$2.67; $ cars, $3.66; 3 cars, $2.66; 1 car,
$2.64; 1 car, $2.63. Staple hard: 1 car.
$3.66. No. 1 northern shipping: 1 car, $3.82,
No. 1 mixed: 1 car, $2.74; car, $2.60
(durum). No. 4 mixed: 1 car, $2.60; 1 car,
$2.5( (durum.)
Corn No. 2 white: 1 car, $1.(4; No. 3
white: 3 cars, $1.63. No. 4 white: 1 car,
$1.60. No. 2 yellow: 2 cars, $1.68. No. 3
yellow: 3 cars, $1.66; 1 car, $1.65. No. 4
yellow: 2 cars, $1.63. No. 6 yellow: 1 car.
$1.60. No. 2 mixed: 6 cars, $1.63. No. 3
mixed: 1 car. $1.62; 3 cars. $1.61. No. 4
mixed: 4 cars, $1.60. No. 5 mixed: 1 car,
$1.68; 1 car, $1.66.
Oats No. '2 white: 1 car, $1.00. No. 3
white: 1 car, 99c; 1 car, 99c (shippers
weights); 1 car. 99c. (shippers weights);
1 car, 98c. No. 4 white: 2 cars. 98c.
Rye No. 2: 1 car, $1.82.- No. 3: 1 car,
$1.82; 4 cars, $1.81.
Barley Rejected: 1 car, $1.38.
OMAHA RECEIPTS AND SHIPMENTS.
Today. Wk. ago. Yr. ago.
Wheat 26 28 5
Corn 37 38
Oats 21 2J -:
Rye 6 o ;
Barley 1 J
Total receipts of wheat this year are: -
Shipments
Wheat '-'I H.;
Corn 45' 31 bo
Oat 3:! J6
Rye U 5
Barley ......... 319
PRIMARY RECEIPTS AND SHIPMENTS.
Receipts Today Tr. Ago
Wheat 436.000 384,000
Corn 372,000 C28.000
Oats 451,000 480,000
Wheat.'.1!'" 614,000 1,021,000
Corn 262,000 (!,wu
Qats O.'S.UUV Oil, WW
OMAHA GRAIN INSPECTION.
The ..number of cars of grain of the
several grades Inspected "In" here during
the past 24 hours follows:
Wheat No. 2 hard, 6; No. 3 hard, 12;
No. 4 hard, 3: No. 6 hard, 8; No. 3 mixed,
3; No. 4 mixed. 1; No, 1 spring. 1; No. 6
spring, 1. Total, 31.
Corn No. 8 white, 3; No. 4 white, 6; No.
5 white, 3; sample white, 1; No. 2 yel
low, 3; No. 3 yellow, 8; sample yellow, 1:
No. 2 mixed, 4; No. 3 mixed, 3; No. 4
mixed. 7; No. ( mixed, 1. Total, 45.
Oats No. 2 white, 1; No. 3 white, 9;
No. 4 white, 4; No. 3 mixed, 1. Total, 15.
Rye No. 1, 1; No. 2, 3; No. 3, 6; No. 4,
3. Total, 13. '
Barley Rejected, 1. Total, 1.
Chicago Tribune says: All the big
traders, with few exceptions are bearish
on corn and many are so on oats. One of
the leading traders said Cutten, Patten,
Rlordan, Blum and 13 others aro bearish.
They think the bull markets have been
on long enough and that prices are at a
level from where there should be a good
permanent setback. The sharp rally in
the last hour came from shorts end limi
ted offerings early sellers being tho buy
ers. The advance was assisted by reports
of 1.000,000 bushels of wheat and 500,000
bushels rye at the seaboard for export.
Practically all the railroads here, Buf
falo, New York and Kansas City were said
to be tied up by strike, and St. Louis is
expected to be today. Under present con
ditions the movement of grains, provisions
and everything is restricted and even coal
to some Industries is limited. Unless there
is a change for the better in a few daya
thev will be forced to susoend operations
as shipments of products cannot be made,
and storage room will be filled up.
All April contracts for export oats have
been extended to May, said a seaboard
operator. This means they will use Canad
ian oats Instead of domestic in filling
their sales. One house lias 600,000 bush
els, Canadian oats bought to be shipped
,to Buffalo, and when they are available
they will be used to fill the eastern do
mestic trade, as they can be put down
with duty of 6 cents paid cheaper than
American.
Shipping sales at Chicsgo Wednesday
were 12.000 bushels of oats and 3.000 bush
els of barley. Aruund 1,000,000 bushels of
wheat was sold for export at the sea
board at $2.90, f. o. b. steamers. New
York. Intimations that $2 86 track. New
Tork, would be paid for No. 2 red or hard
vcro made late In the day. About 600,000
bushels sold from Chicago Tuesday at
$2.83. Toledo sold 10.000 bushels. Con
siderable reselling of wheat by one ex
porter to another at the seaboard. Ex
port sales of rye, based on exchanging of
futures, were around 600,000 bushels.
Offerings of cash corn and oats were
very light, with prices unchanged to 1
cent lower.
Northwestern Miller says:
The flour output this week was 233,640
barrels, against 230,695 last week and
369.220 a year ago.
The improvement In flour demand is
distressingly slow In materializing. Millers
had hoped that the inquiry which started
in two weeks ago and which has since
continued would mean freer buying. Book
ings for the week were hardly worth men
tlciing and It is Just as difficult as ever
to get shipping directions.
A great many millers are of the opinion
that surplus stocks have pretty nearly
used up and they anticipate a revival of
trade In May. They say that when buying
does begin prices may look low.
Washington, D. C. : An Increase of
freight rates to England on American
ships is under consideration of the ship
ping board as a result of the announce
ment that Great Britain will raise rates to
American ports 25 to 60 per cent on
April 19.
Minneapolis Oram.
Minneapolis, Minn., April 8. Flour Un
changed. Bran $49.00.
Wheat No. 1 nortnern,
Corn $1.67 1.68.
Oats 9294c.
Barley $1.28FM. S7.
Rye No. 2. $1.811.82.
Flax No. 1, $4.654.70.
St. Louis Grain.'
St. Louis, April 8. Corn May. $1.67;
July, $1.69.
Oats May, J7c.
Kansas City Produce.
Kansas City, Mo., April 8. Butter Un
changed. Eggs Current receipts, 30 cents lower
per case, $12.00; firsts, 1 cent lower.
Poultry Hens, 1 cent higher, 37c;
others unchanged.
Chicago Grain
By CHARLES D. MICHAELS.
Chicago Tribune-Omaha Bee Leased Wire.
Chicago, April 8. Strike news and
the curtailed traffic conditions had
more influence on trading than did
the reports of federal investigation.
Business wras lighter and while
prices covered a good range, the
close was rather tame with corn
ylc to 74c lower, oats, lie; rye, J4c
to f6c and barley l4c lower, with
a nervous feeling.
The government report for April
made the condition of winter wheat
75.6 per cent, compared with 99.8
per -cent last year. The yield Is
estimated at 483,600,000 bushels.
Final yield last year, 731,000,000.
Condition of rye reported at 86.8
per cent, compared with 90. per
cent last year. Crop estimated at
75,840,000 bushels against the final
report of 88,476,000 bushels last
year.
Buyers Strong.
If the wheat was calculated on July
condltton and 8 per cent area abandoned,
the crop would be about 620,000.000
bushels. Ryo on the July basis would be
about 80.000,000 bushels.
With limited outside trade corn bears
were unablo to maintain breaks. Buying
support was In evidence on the declines,
but on the swells free selling nrdi'r np
pearcil and prices fluctuated rapidly
within a range of 12c, the close be
in;: at Intermediate figures.
Seaboard exporters bought 10,000 bushels
cash wheat here at $2.86. track New York,
but 5 to 10c premium could have been ob
tained if delivery was guaranteed by the
Inst half of April. Considerable trading
going on between exporters at the sea
board. Cash wheat slow, in all markets on
account of the strike.
Oats Show Strength.'
May oats showed independent strength
and gained c on the July. Trade is
rapidly drifting into the latter. The po
sition of tho short in the May Isregarded
as very precarious, as cash houses are
the leading longs against shipping sales
to the east and want of delivery. Pre
miums were well maintained In all mar
kets. Sample values unchanged.
Scattered buying of rye as the result of
the bullish construction placed on the
government report made a higher mar
ket. Realizing sales and liquidation
checked the bulge, with pressure Increased
at the last. Bids of 18c over May were
made, track Baltimore, while a small lot
sold at 27 c over May guaranteed f. o. b.
vessel last half April, loading at New
York, No. 2 on track sold at $1.87
1.8734.
Barley In good demand and firm. Spot
sales, 11.62(1.70 the latter setting a new
high on the crop.
Ty Updike Grain Co. Doug. 2(127. April 8.
Art. I Open. 1 High. Low. I Close. Yest'y.
Corn I I
May 1.64 1.(5 1.63 1.64 1.64
.Tulv 1.5 1.59 1.67 1.57 1.58
Sept. 1.54 1.64 1.53 1.63 1.64
Rvo I
Mav 183 l.S5 1.83! 1.84 1.84
July 1.79 1.60 1.78 1.79 1.79
Oats I I
May .90 .91 .90 .91 .91
July .83! M .83 .83 .83
Sept. .71! .72 .71 .71 -71
Pork I I
May 137.00 137.01) 37.00 37.00 137.25
Julv 37.50 137.50 37.20 37.20 37 45
Lard I I I
May 150.25 120.30 119.97 120.10 20.60
July 121.20 121.20 20.75 120.87 21.27
Ribs I I I
May 118.70 111.70 18 45 118.55 18.83
July 119.30 '19.30 18.97 119.02 19.32
St. Louis Live Stock.
East St. Louis. III., April 8. Cattle
Receipts 3.500; steady; beef steers, medium
and heavyweight, choice and prime. $14.25
14.75; medium and good, 1 1 .25 1 4.00 :
common, $9.75fi11.00; light weight. $12.25
14.00; common, $9.76 jill.00.
Hogs Receipts 8,000; 25 to 60c lower;
top, $16.60: heavy weight, $14.0015.50:
medium weight, $15.0016.25; light
weight, $15.7616.60.
Sheep Receipts 3,000: steady to 50n
higher; lambs. 84 pounds down. $18,000
19.85: culls and common. $15. 5018. 00;
wethers, yearlings, $15.50H!18.0O; ewes,
medium and choice, $10.Z514.00.
New York Produce.
New York. April 8. Butter Strong:
creamery higher than extras. 7070c;
extra, 69'ff)69c; firsts, 64 068c; packing
stock, current make. No. 2, 38c,
Eggs Irregular: fresh gathered extra
firsts, 44ig!45c; do. firsts, 4143c.
Cheese Irregular; state. whole milk
flats, held specials, 3031c; others un
changed. Poultry Live, steady and unchanged:
dressed, firm; stags, froxen, 3Bi942e;
fowls, fresh, 3242c: old roosters, 2829c.
New York Metiil"
New Tork. April 8. Copper, antimony
and Iron, unchanged.
Tin Spot, $61.75: April. May, $61.00.
Lead Quiet: spot to July, 8.76c bid.
Zinc Easy; East St. Louts, spot, 8.35
8.45c.
At London Standard copper, spot. 102
12s 61I: electrolytic, 112; tin, 335 6s;
lead, 36 10s; zinc. 46 5s.
NfW York Dried Frail.
New York, April 8. Evaporated Apples
Dull.
Prunes Irregular.
Apricots Stead'.
Peaches Quiet.
Raisins Easy.
Bonds and Notes
Quotations furnished by Peters Trust
Co yesterday: Bid Asked
Quotations furnished by Peters Trust Co.
Amer. Tel. & Tel. 6s, 1924 ....93 94
Amer. Tel. & Tel. 6s, 1925 95 96
Amer. Tobacco Co. 7s, 1923 . ... 99 "4 100
Amer. Tobacco Co. 7s, 1925 ....99 100?,
Anaconda Copper Cs, 1929 ,...94 95
Anglo French Ext. 5s, 1920 ....98 98
Armr. & Co., Con, Deb. 1920-1924
6 100 101
Beth. Steel Co. 7a, 1922 99 99
Beth. Steel Co. 7s, 1923 99 99
Bell Tel. of Canada 7s, 1925 98 93
Boyd Co. Neb. School Dlst. No.
17. 6s, 1940 103.04
British 6s, 1921 94; 95
C. B. & Q. 4s. 1921 94 94
Continental Motors 7s, 1925 ....99 100
Cudahy Packing Co. 7s, 1923 ..99 99 i
Hooker Electrochemical Co. 7s,
1922 98 9
Liggett Myers 6s. 1921 ....97 97
Proctor & Gamble 7s. 1922,. 99 100
Proctor & Gamble 7s. 1923 ....99 100
Union Pacific 6s, 1928 11 101
Wilson Conv. 6s, 1928 93 92
Western Electric 7s, 1925 98 98
New York Curb Storks.
South Side
Bid. Asked.
Allied Oil 7-16
Boston-Montana 72 74
Boston-Wyoming 15-16
Crcsaon Gold 1 2
Cosden Oil 8 8
Consolidated Copper 4 6
Elk Basin 9ft ' 10
Federal Oil 8'i 9
Olen Rock 3 3?i
Houston Oil 110 120
Island Oil 7, 7
Magma Copper 34 36
Merrit Oil 18 19
Midwest Reflfulng Co 165 167
Silver King, Ariz
Sapulpa Oil 5 5
Slmms Petroleum 28 28
L'. S. Steamship 7 3
U. S. Retail Candy 14fc 15
White Oil 29 29
Stock fluctuations.
The following quotations are furnished
by Logan & Bryan, members of all prin
cipal exchanges, 248 Peters Trust Bldg.
(formerly Bee, Bldg.) 17th and Farnam
streets, Omaha, Neb.
Chicago Stocks
Armour & Co., pfd .'. 101
Armour Leather Co., com i7
Armour Leather Co., pfd 94
Cudahy I'kg. Co.. com 97
Libby, McNeil & Llbby 31
Swift & Co 121
Swift International 44
Union Carbide & Carbon Co 70
New York Coffee.
New York, April 8. The market , for
coffee futures was higher during today's
early trading on covering by near month
shorts.
Closing bids: April, 14.65c; May, 14.68c;
July, 14.89c; September, 14.64c; October,
14.62c; December, 14.. 65c; January, 14.63c;
March, 14.49c;
Spot coffee waa renorterl In better As.
man; Rio 7s, 15c; Santos 4s, 2424c.
New York Dry floods. .
New York. AdHI 8. Cotton cnrnl. tminv
were firm with moderate business passing.
Yarns were steadv. Leading- lines of n.
cales were sold up and withdrawn. Re-
oroers came lorward on flannelettes. Raw
silk was lower. Burlaps were firmer with
lightweights active. Men's vftar was
steady.
Turpentine and Rosin.
Savannah. Anrll 8. TurnenHn' flnii
$2.33; no sales; receipts, none; shipments,
38 casks; stock, 1,312 casks.
Rosin Firm: sales. 78 casks: receipts. 80
casks; shipments. 635 casks; stock, 17,438
casKs, ,
Quote: B, $16.00; D, E, F, Q, IT, I.
$17.76: K. $17.90; M, $18.00; N, $19.00;
WG, $19.25; WW, $19.50.
, New Y'ork Cieneral.
New VftrV Anrlt fl WhMl Cnnf ..
er; No. 2 red and No. 2 hard, $2.95 and
No. 2 nilxeri Durum. 95 91 1 n h atoam,.
June shipment.
Corn Spot, steady; No. 2 yellow, $1.91
and No. 2 mixed, $1.90 c. 1. f. New York.
.mis upor, urm; ino. 1 white, $1.16.
Lard Weak; mlddlewest, $19.7519.85.
Other articles unchanged.
Cotton Futures.
New Tork. Aorll 8. Cotton fntiit-
opened easy: May. 41.00c; Julv, 38.60c;
October, 35.28c; December, 34.45c; Jan
uary, 33.80c.
Cotton futures closed barely steady;
May. 41.10c; July, 38.98c; October, 36.28c;
December, 34.45c; January, 33.78c.
New York Coffee.
New York. April 8. Coffee Rio No.
7. 15'Jc: futures, steadv: Mav. 14 fie
July, 14.89c.
Young Girls Missing
From Indianapolis
Reported In Omaha
Two young school girls, missing
from their homes in 'Indianapolis
since March 25, are believed to be
in- South Omaha.
J. E. Kinney, chief of Indianapolis
oolice. has sent a descriotion of the
girls to South Side police.
Cecilia May Barnes, 15 years old,
with brown hair and blue eyes, wore
two diamond rings and a ruby ring
the day she left.
She left Indianapolis with Mary
J. Bailey, 16 years old, who was
wearing a navy blue dress and long,
gfeen coat. Mary is slightly lame.
Both girls were attending the
Technical High school in Indianap
olis and told schoolmates they were
going to meet a friend in South
Omaha,
Bakery Show Cases Robbed
Second Time In Two Weeks
Show cases in the South Side
Bakery, 4614 South Twenty-fourth
street, were stripped of candy and
gum Wednesday night by thieves
who gained entrance by breaking
the glass in a rear door, according
to Mrs. Margaret Steele, pro
prietress, who told South Side po
lice that this is the second time her
establishment has been robbed in the
last two weeks. Mrs. Steele believes
small boys in the neighborhood are
responsible for the thefts.
Comes to Visit His Mother;
Pinched for Stabbing His Wife
While visiting his mother at 2810
R street, Marvin Williams was ar
rested by South Side detectives
Wednesday night, charged with
stabbing with intent to wound.
' Williams is accused of stabbing
his wife, Nellie, at a dance in A. O.
U. W.'hall on the night of July 26,
later escaping to Huron, S. D.
Williams will be tried in South
Side police court Friday.
Booze In Hip Pocket
Wearing a bottle of liquor in his
hip pocket. Joseph Bohatta, 5213
South Eighteenth street, was ar
rested at Twentieth and S streets at
midnight Wednesday night. He
was charged with illegal possession
of liquor an dintoxication at South
Side police station. He will face
the judge Friday morning.
Five Hams Stolen
Five hams were stolen from a
Cudahy delivery wagon at Twenty
seventh and Q streets Wednesday
night, according to Edward Vavoor
den, driver for the packing plant.
South Side Brevities
Rhode Island Red setting eggs, 31 for
la. Call So. 3419.
New York Sugar.
New York, April 8. Raw Sugar Firm
J??tSffL,16-061-65: fln granulated,
316.6016.60. '
Kansas City Produce.
Kansas City, Mo., April 7. Butter
P.'lck i II D- 1 pant hitfhr 9C.
, -,...-., wwv, HCAuicry, un
changed.
bhort Time Securities For Sale
if you have funds for investment
for 30, 60 or 90 days SEE US.
Securities Sold by U Bear Our Guarantee
Bank References Furnished
Nebraska Loan & Finance Co.
Tyler 4930
1312-14 W. O. W. Bldg.
CHINESE AWAITING
HAND OF AMERICA
TO EXPLOIT.RICHES
Attache, at U. S. Embassy in
Pekin Tells Omaha of R?
' . public's Greatness.
The richest area in the world is
awaiting American development in
China, Julean Arnold, commercial
attache at the United States em
bassy in Pekin, said yesterday. Mr.
Arnold is spending two days in
Omaha. He spoke at South and
Commercial High schools and will
address a meeting of the Omaha
Manufacturers' association at the
Chamber of Commerce today.
The opportunity for American
capital and interests to begin a com
mercial invasion of the Chinese re
public was never better, he said. The
spirit- shown Americans is of the
triMidIiest kind and there exists now
a determination among Chinese to
,ush the development of the natural
resources of the? land, build rail
roads, factories and develop trade
possibilities to the utmost.
American railroads, to tap hither
to economically fnsolated parts of
the 'country, are greatly desired, Mr.
Arnold declared. There are many
tegions rich in coal, iron, copper and
agricultural products that have no
outlet now, he said. The people of
the country are anxious that Ameri
cans get the jump on the rest of the
world, because they trust citizens of
this country and feel -certain of a
square deal in all transactions.
China offers a market for all man
ufactured articles, and in return
offers raw materials of all sorts. The
national credit and currency there is
on a sound basis, Mr. Arnold said,
and has experienced no inflation.
Jimmie Cosgrove Pays
$25 for Being Late to
Central Police Court
When Jimmie Cosgrove, 1808
Grace street, appeared in Central
police court at 10 a. m. yesterday to
face a charge of assault and battery,
he was advised by Court Sergeant
Holden that his $25 bonds were for
feited. "How come?" Jimmie asked.
He then learned his case had been
called a half hour before. Strenuous
efforts to have the case tried were
unsuccessful.
Tom Johnson, proprietor of the
Edwards cafe, Sixteenth and Da,v
enport streets, complaining witness
against Cosgrove, was also absent
when the case was called.
Police Judge Foster' ordered Cos
grove's bonds forfeited.
Liberty Bond Prices.
New Tork, April . Liberty bond prices
St 11:30 a. m. today wore: 3H, ts.0;
ftrnt 4s. 01.60 ; second 4s, B9..19; first 4H,
91. SO: second 4Hs. (9.66; third 4s, H.dO;
fourth 4Hs. 72; Victory 8s, 17.70,
Victory iHs, S7.72.
Liberty bond flnsl prices todsy wsrs:
Vin. 96.82; first 4s, VI. 48; second 4s.
89.36; first 4s, 91.68; cscond 44. 89.56;
third 4 Vis, 92.68; fourth 44s, 89.61; Vic.
tory Jis, 97.68; Victory 44. 7.18.
"4
We Own and Recommend
ll We Own
$250,000.00
... ir i i urn r
Kirkendau dhoe company
1 Cumulative First Preferred Stock
Price 100 and Accrued Dividends
Net tangible assets, $340.00 per
share.
Net quick assets, $290.00 per share.
Earnings better than four times
dividend requirements.
Serial maturities from 1921 to 1940
inclusive.
Special' covenants for stockholders'
protection.
Tax exempt to the holder in Ne
braska and free from the Normal In
come Tax.
Detailed Circular H-47 on Request
TIOMTMCOj
i Chlraco Produce.
Chicago, 'April 8. Butter Unsettled;
creamery, 49067c.
Egs Unchanged; receipts, 4.BJ1 cases.
Poultry Lower; sllve. springs, 38c;
fowls, 42c.
Chicsgo Potatoes.
Chicago, April 8. Potatoes Strong; re
ceipts, 61 ears; northern white, sacked
and bulk, I7.007.25; Minnesota russets,
88.00.
Spot Cotton.
New Tork. April 8. Spot cotton, steady;
middling, 42.50c.
UPDIKE
s Specializs in tho Careful
Handling of Order of
Grain and Provisions
for
Future Delivery
in
All Important Markets
Wo Aro Members of
Milwaukee Chamber of Commerce
Minneapolis Chamber of Commerce
St. Louis Merchants Exchange
Kansas City Board of Trade
Sioux City Board ot Trade
Omaha Grain Exchange
We Opera'
Omaha, Neb.
Lincoln, Neb.
Hastings, Neb.
Holdrege, Neb.
benera. Neo.
Office at
Sioux City, la,
Atlantic. Ia.
Hamburg, Ia.
Des Moines. Is.
Milwaukee, Wis.
Chicago, I1L
nd all of these offices 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 Conaii amenta Solicited.
NEW OFFER
Exempt from AH Federal Income Tax
$31,000
Boyd County, Nebraska
School District No. 17,
6 Bonds
Interest March 15 and September 15 in New York Exchange
Denomination $1,000
FINANCIAL STATEMENT
Value for Assessment $1,265,000
Net Bonded Debt, Including This Issue 43,800
School district includes town of Spencer and
8,600 acres highly inproved farming land.
Price to yield 5.30
to option Mar. 15. 1925,
and 6 thereafter.
Legal Opinion by Attorney Stout, Rose, Wells A Martia
I jm&L i
. fli
I 1622 FARNAM STREET
The Progressive-Conservative Trust Company
Oil Men Attention
OFFERED SUBJECT TO PRIOR SALE
Stars Armstrong Standard Leidecker
Parkersburg and Kenstone Rigs Complete
. In All Location
200,000 feet of casing, different tin.
10,000 feet 40-pound National casing.
700,000 feet line pipe, all ixes.
INTER-MOUNTAIN INVESTMENT CO.
24 Patterson Block,
Omaha, Nsb.
Phone Douflaa 3558
303' Enterprise Bldf .,
Denver, Colo.
30S O. S. Building,
Casper, Wyo.
Phone 1366
We Offer
$500,000.00
AMERICAN BANK BUILDING
8 Participating Preferred Stock
iiff fll Hi
! pi
Tax Free in Nebraska
Exempt From Normal Income
Tax Non-Assessable
Security
Real Estate is the basis of
all material wealth. No
investment can offer better security
than well-located business property.
The American Bank Building site
is located in the heart of Omaha's busi
ness activities; therefore the safety of
the investment is unsurpassed.
Farninff Pnwr The rental income
earning rower of American
Bank Building has been very conserva
tively estimated as more than three
times the dividend requirements. These
securities yield 8 as a minimum, and
participates in the entire earnings
of the company. Also, the enhance
ment in value is sure to be a big item
because of the prosperity and rapid
growth of Omaha.
Opportunity Jhus' viewfd
rr from every angle,
SAFETY oi principal, its earning ca
pacity, and certainty of 8 OR BET
TER returns, we feel that no invest
ment offered the general public can
compare with these AMERICAN
BANK BUILDING securities.
Offered in amounts of $500.00 or
more.
For full information address:
AMERICAN BANK BUILDING CO.
R. H. SNYDER, Fiscal Agent
Room 2, Wead Building, - - - Omaha, Nebraska