Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (April 13, 1920)
Market, Financial and Industrial News jo? the tDay Financial pit-ago Jribun-lnmh Be lrl wire, New "York. ADril 12. Th i. - ' c" money to JU per cent this afternoon acted to unsettle fur- th dealings, in thc stock market, which, had showed the depressing f'.'tit n jrauroaa strikes previously. Lsually Stocks are wont to pay .Slight attention to" IaHnr VUWrtt'w;. but in the present instance the rami-. ncaupns ,Qt . a great transportation ucujrc mucn wmcr in euect on business tbaft the .steel strike of last summer, or the later coal strike. With one railroad. center after an other passing into a state of paraly se in rcspeci to ireign movement, not only is industry handicapped, but bank credit is affected. That is, embargoes on. .-'goods . prevent dis. distribution and payment for mate rials, in which much capital is in volved. ' ' Th phr, "Frown capital" cama much to tns fore In bunking dlsruimUm whn loiig(.hormn, strike nd evre wemhrr mowed down the 'nverfle' movement of "?...!". "ubteHy being .h.ped ,tn His1 ifc0.' "V!"". for ,,oek "rk,t pur pose. Th outlook would b. rhangtd, of i?.?-;"h,3'-d 0,9 railroad difricultir be f . .'i'". oul hor,y. Hut th bears of condldtlona they are. Sutar company Upuea wer hid nnuui. iM n...t .-J,.,..:. 2"2..Pu01 Per'"' helped to. advance number of apeciulltlea in tho morning, liberty Bond Decline. . At tha end of the day, the earlier ad anlaca had been eliminated from moat C the Industrial and net decllnee from tribute' P"lnU wer rather widely Uii. In tha depreaalon of t.lberty bonils, which nvcrui io new -low records be low 88 was aeen the effect of reailjimt- . "i , in ma. tnvealment field. The vale cf flrat.elaaa railroad bonds and notes !.." ''V".. " cent b"' denoted (he t .1, .1l " thi .'n'luiV wm extended whrouh t,,s "nnouncement of and J 14 pr cent ratea on ahort term government - paver. The : treaaury wan auegeatlon that alx montha to one year note ought .to rarrx mora than ifc per cent Interest . but a fundamental law of economic -finally . hed - to be recounted. It I unfortunate th;it Liberty bonds In ntcn ao many bllllona of the people' savings are Invested have been edged downward, but th movement carries no auggejtlon adverse to the pavment or refunding ot the bends at maturity. Credit Costa More. Credit " costing the goevrnment1 more than, a fow months ago, but the princi pal or bond Issues romalns as secure as v!r ''MOO.000 Issue of Southwestern Bell Telephone 6-year notes to yield 7.60 per ent commandi'd attention in the In vestment market and cams as another indication of -the current acquisition of new capir.nl on a large acalle by corporations. The; foreign exchanges wera -weak, ex- sed at tle. Again Itallarj 11 . .. -..,. without support and ran i I fliwiK P-aim " ' d a now low record. Th I VIUalla liraifl Jtatlone were U.tb and n f : I - www in.iKi. wnitn eoia above z cents ratea recaded also establish esneotlve auatatlnna while Belgian f rears at 1M3 for cherk! recorded a decline of 80 cents for the dav. sterling receded t centa to the pound. ti .VLraU for "ght drafta being Thcro were no nsw developments . luuin mrinese movements, which have become familiar in case of tha continental exchange. Further gold- wllhdrawnla for transfers to the Argentine forecast an out flow of about $10,000,00 on today's ainmiT, Bonds and Notes Quotations furnished Co, yesterday: by Peters Trust Bid. Asked. 84 lOOVa 1004, 94 American Tel. Tel; 6s. 1IH 3 American Tel. & Tel s. 1J2J 4 American Tob. Co. 7s, U2!... f9V American Tob. Co.. 7s. 1J3S.. 9 Anaconda Copper 6a, 19S9 .... AiirIo French Kxt. Ss. 1330. . HVj Armour Co. Con-Deb. 6s. 1320-J4., 100U 101H HBtnienem Meet ro. 7s, 1923. 89 100 Bethlehem Bteel Co. 7. 1929. H J0I) Hell Tl of Canada 7s. 12S.. 8 - SH T'.oyd Co. Neb. S. Diat 17 (s. '0 10S.04 Rrltlsh SUa. ,1921 44 95 C. B. & Q. 4s, 1911 4H 4 irontinental Motors I, 19JS .. 9Ti 101 Cudahy Packing Co. 7a. 1923.. S - 994 nnoKer Kiectro. Co. 7s. 192a .. vn . s Liggett & Jlyers Cs, 1S21 7 7H Proctor & (iamhle 7s, 1922. .. 9i 1004, Proctor & Gamble 7s, 1923.. 89 101H Swift A Co. 6a. 1931 9 44 (Union Paciflo 6s. 12S ......100H 101 M vllson Conv. (is, 12S 1H 98. Western Electric 7s. 192S JSH tiSi Stock Fluctuations. The following quotations are furnished by LOKan & Bryan, members of all prln clpal exchanEcs. room 100 Peters Trust building (formerly Bee building). Seven tecnth and Farnam street, Omaha, Neb. CHICAGO STOCKS. Armour & Co. pfd. ....1004 Armour Leather Co. com 1' Armour Leather Co. pfd 94 Commonwealth Edison Co. ' ....... .10O6V4 Cudahy Pack. Co. comi 99 Contlnenta Motors 11 Llbby, McNeil Libby Sl4 Montgomery Ward Co Nathlonal I,er.thr., 74 Rco Motor Car Co . 2' Swift Co. 120 Swift International 44 Union! Carbide & Carbon Co 70Vt ew York Money. New York. April 12. Mercantile Ti per Htv 7 pr cent. Kxchango Weak: sterling. 60-day bills, 93.9iH4; commercial, 60-day bills on banks. S3 90 ii : commercial 60-day bills, J3.90; demand. :i.94V;--cabli)S. $3.9614. Francs Demand. 17-ll cables. 17.08. Belgian Francs Demand, 16.07; cablet, 16.05. Oullders-'-Pemand. 37Ke; cable. 37V4c. Lire Demand, 26.42rj cables, 2(1.40. Mrke--Demand, 1.97ci cables, 1.9Se. Bonds Government.; weak; railroad, Loans Time, strong: 60 days,- 90 days and six 7nonths. 8 8 per cent. Call Money Strong; high, 10 per cent; low and rullngrate, 6 per cent; closing hid. II tier cent: offered and last loan, 10 ptr cent; bank acceptances, 6 per cent. ' London Money, London. April 1-Bar Silver 69 Hd per ounce. ... Money 314 per cent. - Discount Kates Short bills, 8H Pr centi three months' bills, (5Ti par cent; fy ' 1 H - y i 90 v: Don L. Love, Lincoln, Neb. i v Republican Candidate tor Delegate-at-Large Was educated at the State University of Iowa, .graduating in 1886, studied law in the university and law office, and was ad mitted In 1887. Practiced law in Lincoln, Nebraska, since-1888, waa president of the Board of Education of Lincoln for two years. Mayor of the City of Lincoln two years, delegate-at-large for Ne braska to the Republican National Convention, 1912, delegate to the Progressive National Convention, 1916, vice-president of the Lincoln State Bank, vice-president of the Lincoln Trust Company, president of the Liberty Life Insurance Company of Lincoln. Leonard Wood an Executive I tun for Leonard Wood for President, because I believe he is exactly thc kind of man, both in point of character and training, to administer the government of the country during the next four years. It will be a more critical time for the United States than even the war period. We want a man for ' president who will initiate and lead in a real reconstruction policy based first and foremost on American needs. At present American interests are either wholly neg lected or else muddled by a too rigid adherence to theory, utterly blind to real facts and conditions. In Leonard Wood we have a man of wide and successful executive experience; ' a man of lofty ideals, but who at all times keeps a clear vision of realities. We can hope for nothing but disaster if. the coming administration is not dominated by such men. ' (Signed) DON L. LOVE. Official Leonard Wood Delegates. Cut this out and take to polls with you. DELEGATES-AT-LARGEL. D ; Eichards, Fremont; Don L'Love, - -Lincoln; Charles K. Sandall, York; John V.'. Towle, Omaha. ALTERNATE DELEGATES-AT-LARGE Elmer F. Robinson, Hartinsrton; ;l.L. Pindell, Sidney; J. A.True, McCook; J. E. Lutz, Blair. " . . DELEGATES FIRST DISTRICT W. A, Selleck, Lincoln; 0. A. ' -Cooper Humboldt. ' ' ALTERNATES FIRST DISTRICT D. M. Douthett, Lincoln; J. M. Curtis, Tecumseh. ' ' DELEGATES SECOND DISTRICT W. G. Ure, Omaha; S. J. Leon, Omaha. ALTERNATES . SECOND DISTRICT Fred J. Stack, Omaha; ' Amos Thomas, Omaha; , DELEGATES THIRD DISTRICTS. R. Davis, Wayne; E. B. Penney, Fullerton.- . . ALTERNATES THIRD DISTRICT John McCarthy, Jr., Ponca; . F. C. Bergman, Columbus. DELEGATES FOURTH DISTRICTH. E. Sackett, Beatrice; H. C. . Beebfe Osceola. ALTERNATES FOURTH DISTRICT A. V. Pease, Falrbury; George Liggett, Utica. DELEGATES FIFTH DISTRICT H. W. Miller, Bloomington; H. E. Steir), Hastings. ALTERNATES FIFTH DISTRICT Albert J. Gardner, Orleans; Davis F.' Meeker, Imperial. DELEGATES SIXTH DISTRICT Horace F. Kennedy, Broken Bow; Earl D. Mallory, Alliance. ALTERNATES SHCTH DISTRICT C. A. Yoder, Elm Creek; Guy -. Ci.:Thatcherr Butte. r-- - ... ' - Omaha. April IS, 1920. Wheat sold at prices ranging unchanged to several cents higher, tha market gen erally at an advanca of about J cents, Corn was 1 to S cents lower, tha bulk S to S cents off. Offerings wera taken reanny at tha decline. Oate wera off 114 cints. Rye advanced I centa and barley as nominally 1 cent lower. Grain re- ciipia today ware moderate. Cash saltts were: Wheat No. 1 hard: 1 ear, 11.79. No. 3 hard: 4 cars, 13.77; 2 cars, $3.79; 1 car, !:.? (smutty). No. i hard: 3 cart, $3.74; 2 cars, 93.73 (smutty); t car, $2.71: ! carl. tz.ii tamuuyj; i cars, 12.70 (smutty) Nu. .4 hard: S cars, 33.70; I eae, $2.69; 4 cars, 13.98; I can, 3.$7 (smutty). No. o earn: i car. ii.i; 1 car. 12.60. cam pla hard: 1 ear. $3.67. No. 3 mixed: 1 car, (durum). -No. 3 mixed: 1 car, 13.74; 1 car, 93.99 (durum); 1 oar. 93.66 (durum). No. 4 mixed: 1 car. $2.99: 1 car, $2.63. Sample mixed: 1 car, $3.80 iwnrai ina rye,, xno.. e spring: i ear, $2.70 (red). No. 6-spring: 1-5 car, $2.60 (northern). Corn No. 2 white: 1 car, $t.6$. No. 3 wtlte: 4 cars, $1.61; 2 cars, $1.60. No. 4 hlte; 3 cars, $1.88. No. 9 white: 1 car, $1.(3. Sample white: 1 car. S1.6S; 1 ear, 9J1-S2. No. 2 yellow: 1 car, $1.66. No. 3 yellow: 1 car, l.6; 9 cars, $1.64; I can, 41. fJ. No. 4 yellow: 1 ear, $1.69; 2 cars. $163; 2 cars, $1.61: S cars. $1.60. .No. S .yellow: 1 car, $1.67; 1 car, $1.66., No. $ mixed; 1 car, 11.64 (near yellow); 1 ear, $i.2. No. 3 mixed: 1 car, $1.91; 19 cars, M.iiO. No. 4 mixed: 1 car, $1.89; ('cars, $1.5 ; 4-S car, $l.b7. No. 8 mixed: 1 car. $1.57. Oats No. S white: 4 cart, $1.99: 6 cars. $1.00 (special hilling); S cars, 994o; 1 car, 99c. No. 4 white: 1 car, 99c Rye No. S: 1 car, $1,91. No.. 3: i 1-1 cara. $1.99. . OMAHA ' RECEIPTS AND .SHIPMENTS. Today AVk. Ago: Tr. Ago . . 6(1 ...1SB : ... 63 ... 1 33 46 9 29 1 42 66 28 8 ,17 39 13 2 RecelDts. Wheat t Corn , Oats Rye ......... Barley Shipments-Wheat Corn ........ Oats ........ Rye Barley Omaha Grain Inspection. , The number of csrs of grain of the sev era! grades inspected "in" bar during th past 24 hours follows: r Wheat No. 2 hard, 2; No. 3 hard, ; No. 4 hard, $; No. t hard, 1; sample hard, 1: No. 2 mixed, 1; No. 6 mixed, 2; Total 13. (fern Xo. 2 white, 2; No. 3 white, 9i No. 4 white, 2: No. 6. white, 1; sample white. 1: No. 1 yellow, 1! No. 1 yelJow, J; No. 3 yellow, 13; No. 4 yellow, 18; No. 6 yellow, 1; No. 6 yellow, 1; No. mixed, 3; No. 3 mixed, 13; No, 4 mixed, 10; No, 6 mixed, 1; No. 9 mixed,' 1: Total 77.. Oats No. 2 white. 4; No. 1 white. 21; No. 4 white, 2: sample white, tl No. 2 mixed, 1; Total 30. Rye No. 3 1 ; Total In complete figures ..ceverlne wheat and wheat flour movement throughout th United States for the week ending April 2: Wheat, receipt from farina, .bushels, 1920. 6.627,000; 1919. 3,687,000. wneat. recelnta from farms nrevloua week, bushels, 1920, 3,880,000; 1919, 1,240,. 900. Wheat, recelnta from farms June 97. In April 2. bushels. 1929. , 722.334.000: 1919. 703,836,000. Flour produced durinc week, barrels. 1920, 2.006,000; 1919, 9,631,000. Flour, produced nervtous waek. barrels. 1920. 1,838,000; 1919, 2,914,000. flour, produced June T to ADrll 3. bar rels, 1920. 107,374.000; 1919, 99.991, 000. Total stock wheat all elevator and mills, bushels, 1920, 151,907,000; 1919, 161,. $45,000. Total stocks wheat all elevator nd mills previous week, bushel. 1930, 163, 479.000; 1919. 175. 101.000. Change for week, decreaae, boshels, 1920, 4,569.000: 1919, 13.999,900. EXPORTS OF WHSAT AN1 FLOUR. Export of -wheat and flour. July "1. 1913. to Aorll 1. 1920. amount to 91.651. 00A bush. els of wheat and 13,249,000 barrel of flour. making a total eoual to 151.111.000 bush els of wheat, compared with 131,993,000 bushels of wheat and 19.393.000 barrel of flour last year to April J, tne ursl two day of April prorated from- the .monthly total, making a total of 231,3(6,000 bushels of wheat. Last year's total flour exports Include American relief administration and American Expeditionary Force shipments. ii. l. uaiawin or vacatur, ill., ' aaya: Tenele desiring lower price for corn are asking the Chicago grand jury to indict speculative owner of th same. A more practical way of bringing the price to a true market value would b to furnish more ample transportation from the. grow er to th consumer. . It 1 eur belief that liberal farm reserves exist in th corn belt of Illinois and that many grower would be happy to sail at or some below the present prices if it were possible to move corn now." Qiicago Grain New York Quotations Range of price ef the leading stocks, furnished by Logan Bryan, Peter Trust building: RAILS. High Lew Close A.. T. & S. F 82 81 8H Baltimore & Ohio 33V 32 32 Canadian Pacific 123 121ft 121H N. Y. & H. R 71V, 71 71ii Erie R. R 13 13 Great Northern, pfd... 77 1t 7694 Chi. Gt. Western 84 84 Illinois Central 89 89 Vi 89 Mo., Kan. & Texas.... 8 8 8 K. C. Southern , 16 V - 164 Missouri Pacific ...... 36 26 29 N. V., N. H. & H 3t 31 ' 31 Northern Paeiflo By,. 78 ' .-77 77 Chi. & N:.W...,,v.r $i.-vt..:M Pennsylvania R. R. . ., 41 40 40 Reading Co 94 . 92 62 C. R. I. A P 35 84 34 Southern Pacific Co... 99 97 97 Souttern Railway ... 22' 22 23 Chi.. Mil. St, P...... 39 - 35 ' 35 Union Paclfia 119 119 119. Wabash 9 . I 3 . STEELS. " -r- - Atner. Car Fdry.,..146 143 142 AUlS'Chalmer Mfg... 48 43 42 Amer. Loco. Co 109 104 106 Utd. Alloy Bteel Corp. 49 48 43 Baldwin Loco. Work. 144 139 140 IK-th. Steel Corp 99 99 96 Colo. Fuel A Iron Co.. 99 98 $8 Crucibl Steel Co 370 390 369 Amer. Steal Foiindrle 47 46 47 Lackawanna Steel Co. 81 78 79 Midvale Steel & Ord. 48 47 47 Pressed Steel Car Co. .113 109 110 Rep. Iron & Steel Co. .113 109 110 Railway Steel Spring.. 106 102 104 Sloss-Shef. Steel & Iron 77 76 76 United State Steel.... 106 104 104 COPPERS. Anaconda-Cop. Mm.... 63 61 62 Am. Smlt & Rfg. Co. 69 67 68 Butte & Sup. Min. Co. 27 26 26 Chile Copper Co 19 -18 18 Chiuo Copper Co 37 86 , 86 Inspiration Con. Cop., 69 :,. 66 57 Kennecott Copper .... 31 3t; 31 Nov. Cons. Cop. Co.... 14 14 14 Ray Con. Cop. Co.... 30 19 19 Utah Copper Co 77 79 76 INDUSTRIALS. Amer, Beet Sugar Co. 97 . 98 96 A, O. A W. I. S. S...171 169 199 Am. Internal. Corp. ...104 100,-100 Am.. Sum. Tob. Co.... 99 97... 97 Am. Cotton Oil Co. . . 99 96 96 Am. Zinc, I.d. 4- Smlt 19 18 15 F.rooklvn Rap. Trans. 16 15 16 Bethlehem Motors .... 81 90 29 Ameriean Can Co. ,. 48 47 47 Chandler Motor Car ..168 165 156 Central Leather Co. .. 57 95 85 Cuba Can Sugar Co. .. 66 55 56 Cal. Packing Co. .... 51 .... 8t Cel. Petroleum Corp. .. 99 87 37 Corn Producta Rfg. Co. 103 99 108 Flsk Rubber Co 86 36 86 General Electric Co. 165 154 154 Oaston Willi. A Wig. 16 16 16 General Motors Co. ..373 361 363 Ooodrlrh Co. 70 69 69 Am, Hide A Lthr. Co. $5 24 55 Hsskell Brkr. Car ., 74 73 72 t'. S. Ind. Alcohol Co. 95 93 9S International Nickel ,. 23 '21 22 Internet. Paper Co. .. 94 82 S9 Kelly-Sprlngfteld Tire 333 132 132 Keystone Tire A Rub. 88 37 37 Internet. Merc. Mar. .. 31 38. 97 Maxwell Motor Co. .. 3 ... 36 Mexican Petroleum ..303 197 199- Middle Statea Oil .... 35 33 34 Ohio Cities Gas ...... 43 43 43 Willys-Overland Co. .. 25 23 24 Pierce OH Corp 19 19 18 Pan-Am. Pet. A Trans. 107 104 104 Pierce-Arrow Motor ,.68 67 . 49 Royal Dutch Co. ,...107 106 106 V. S. Rubber Co 119 110 111 Am. Sugar Rfg. Co. .,139 136 137 Sinclair Oil A Rfg. .. 42 41 43 Rears-Roebuck Co 334 233 233 Stromberg Carb. Co. .,107 99 100 Studebsker Corp 131 119 118 Tob. Products Co 71 70 70 Trans-Continental Oil 24 33 24 Texa Co jn J09 307 1. S. Food Pr. Corp. .. 68 ' 6T 67 IT. S. Sm., Rfg. A Mln. 69 ... 69 The Whit Motor Co. . 97 54 64 Wilson Co., Inc 74 ... 74 Wesfgh'se T5I. A Mfg. 52 61 83 Ameriean Woolen Co. 135 131 193 Money, 10 per cent. fterlingf$3.97. Total Sales, 1.201,309. Kansas City Produce. Kancas City, Mo., April 12. Butter Unchanged: creamery firats, 61c; second, Sir; packing, 36c. Fgga Current - re1irtr" UneWBTfeor, $11.60 per esse; firsts, ft PoulUyVBetjaBi , " r " r ', BY CHARLES D. MICHAELS. Chicago; TrilnneOmaha Bee Lraied Wire. Chicago, April 12, Higher prices for grains cleared up the buying or ders early at the best levels so far. Later developments indicated , a poorer buying support artd increased selling for profits and by the bear interests. An ovcr-col-d condition o.n on the break was the cause of the late rally. Strike news was of all kinds with 'indications '-of it being worst before it becomes ' pernia? nently better,. The close. in corn showed. losses of Jjjc'to Ujc,.oats Vtt to' lc; rye, however, " was stronger and lc to 1ft c higher and barley c lower for the day. Provisions advanced early ohlv to react and close at th inside with lard off 12 to 17 c, ribs unchanged to 2o lower end pork 15o higher. Short Liquidate Corn. Short liquidated corn at the start, ail deliverlea selling at new high figure on th upturn, and later long had to do the ame. Ther wa heavy telling fur profits in evidence Immediately after the .opening and sentiment was much more bearish, report that th backbone of the ' atrlke had been broken, being a dominailng in fluence, A break of 1So in cash prices wa also a factor, th-latter being due to th strike preventng switching; Stoplos orders were uncovered on the way down and there was a laok of sup port until May wa under .11.66... At $1.66 that delivery wa off 4c' from the early tcp. An effort o take profits- on th ?rt.?ith ''"J lament disclosed th fact that ther wa little for sal and th close wa on a etrong ralty with only wldnd He. The Cofn Product corn- pany ha hut down It Peoria plant and It St. Loul plant win close , Wednesday. " Csh price were l3o higher. No. 2 UmA Ul,l a If II ..1. t . ' . L i!f V that 12.98 might f tiumtjii wvuiq VI lor - New High Figure. high figure on th orop at the atart, but hrok lo to 3o later on rcallalng alea and thn rallied towanl the olose on eve ning un on the vart of shorts. Niin.m stoplos order were uncovered on the : uuying against di1 chicked tht break. ' Sample value wire off lo to 6c. with premium' $o to 4 c' lower. fcJlV fi hl, v,hi,.h -. 4A ... , . - - ever May, Saturday, sold as ovt a 6o over today. ' ... Long rye eame ou freely after an early bulge and price dropped rapidly. On .the. break there was a good class of buying mnA rallu fll.tt,.J . u . -1 - .. . . (lightly higher. .No. 3 sold at $1.9301.96. wiqnnit, were amau. one car offered, -sold at 11 ?n. th hit,aa, ei... on tt crop.. ..,... CHICAGO CLOSING PRICES. By TJpdik Grain Co., D. '362T. April 12. Live Stock L ; I Local Stocks and Bonds Corn May July Spt, Ry May July Oat May July Sept, Pork May July Lara May. July Ribs May July I Open. High. I Low, Close. Sat. 1.69 1.69 3.6S .. 1.671 1.67 1.61 J.68 1.67 1.60 1.60 1.69 1.67 1.63 1.66. 1.65: 1.93 ,1.95' 1.9"' J.92 1.82 1ST 1.88 1.84 1.87 1.88 ..96 '.6 ,98 ''.94. .96 .97 .gf .84 .86 .86 .73 .78 .73 .73 96.90 36.90 38.20 ' 36.80 ' 36.95 37.40 37.60 37.20 37.23 37.20 19.76 19.90 19.65 19.65 ' 19.70 20.(9 29.90 20.80 120.35 20.07 19.40 ' 19.46 18.25 18.2'S 18.30 18 85 18.99 18.76 18.7.5 f 8.77 - . A. ,$!) Iivo.iitqcjc..-...,.. Chicago. April 12. Cattle Recelnta' 3,500, killing yearlings mostly, 35fj80c hlghor; top. 814.76: other beef steers and she stock about 35c higher; bulk steers, $11.60013.60; best heavy steers, 314.25; ouccner cows, largely f s. so ftyju.oo; canners, around $6.00; bulls, steady to lower; de mand narrow; veal calves, $1.00 to $2.00 lower: bulk to packers, $12.00012.601 no trad In itoekar and feeders. Hogs Receipts, 6,000; market unevenly higher; bulk, 25050c higher: heavyweight gaining most; top, $16.25; 'bulk, $14,400 16.25; closed strong; pigs, 2560a higher; light pigs largely $ 13.60 (f 13. 00. Sheep and Lamb Recttlpts, 5,000 head; maTftet mostly steady: offerings largely horn lambs at I16.00QH7.36;' one load. $17.60; no good wooled lamba offered; good. wooira tww, 1.UU, Railroad report show a total of 247 ear of llv (took due Tuesday. . St, Jopb Lift Stock. St Joseph, Mo.,'"April 13. Cattle Re. celpt. 3,600 head; market steady; steers, $10.00(913.75; cows and . hsifers, $5,009 1$.00: calVe,'''$8.0O12.0'0. Hog Receipts, J.600 head; market 25a lower: top. $14.25; bulk, $13.00014.26. 8heep and Lambs Receipts, 4,000 head; market slow; lambs, $18.0019.26: ewes, $14.00ejl4.7. : Sioux City Llv Stock. Sioux City. la., April 12. Cattle Re celpta, 100 head; no demand. Hog Receipt, 1,000 bead; no de mand. Sheep None Chicago Potatoes, April 12. Potatoes Steady; car; northern white, lacked. Chicago, race I ota. 6 $7.0007.25; do, bulk, $7.157.40. Omaha Live Stock. Omaha,' April 19. Receftit "were-i- Cattle' Hogs Sheep Estimate Munday. .... ,.70 1,600 Sum day last .week. 12,007 11,524 16.269 Sums days 2 wk ago, 9,343 16,661 10,234 .Sam duys 3 wk ago.. 8.610- 13.896 6.413 Sam day year ego. 9,833 12,082 - 6,351 Cattle No fresh rattle were received today due to the embargo notices be. Ing sent out at the clos-i of lait week. A fair clearance was -affected Saturday and there were very few cattje , In the pen lb, a morning. ' With on exception packer representatives were not 'lu the yards this morning and '.Uios that were out were not- buying anything to apeak of. A few. loads of . carryover sold on shipper utrters at. about the same prices as last baturday, (Quotations On all classes and grains are nominally the same. Quotations on Cattle Good to choice beeves, $13. 0.0014.00; fair to good beeveB, $11. 754(113.(10; common to fair beeves $10.06011.75; good to choice yearlings, Il2.00rui3.50; fair tu good yearlings, Iio.ovjil2.oo; common to fair, yearlings, $9,00110.00: choice 'to prime -heifers, $10.00 W 11.76; good to choice heifers, $8.75 uiu.uu; cnoiofl to prime cows, siuuom 11.76; good to choice cows, $8.50010.50; fair to good, eowav $7,004J8,26; .common to fair cows, . $4,0ffit.00; choice to prime feeder, $io.votii.to; good to cnoice teea ers. J9.00tol0.00: medium to good feeders, 38.004(19.00; common lo fair leedera, $9.00 4i 10.60: far .to. good feailar. $7. 76WD.no common to fair feeder, $90O10.50; fair to good feeders. 97.75O9.00; . common to fair Blockers, $6,0017.76; stock heifers, $6.0005.60; stock cows, $5.7508.00: stjock calves, $6.00014,00; veal calves.. $10,000 16.00; bulls, stags, etc., $.5.00010.50.: '. BEES' STEERS. . . , Av. ' Pr . No. ! Av. Pr. .'.1298 $13 60 .45:. .,..1272 $13 00 STEERS AND HE1P EK8. .. 190 10 00 11 v 791 10 76 . BEEP COWS. .: 839 8 25 24.,. .,.1091 10 00 CALVES. 326 ' V6 . 1 . 466 1 50 Hog Embargo on receipts , because of the railroad strike held th fresh hogs run down to 100 head. There waa a carry over of something over 3,600 head from Satur day; ' which wer on sale this morning. Hlris ilurlnr the earlv hours wer largely steady to 60o higher than Saturday, at around $13.00013.50; ,. $14.26 being tho highest price paid; very few sales were be ing made, however, at these figures, : HOGS. - .No. Av. Sh. . Pr, , No. Av.,8h- Pr 63. ,832 ... 312 10 ,-- 62. .231 .., 14 25 Sheep nd . Lambs Only tx -car of lamb were received today and they were billed direct 'to local packer and nothing waa offered for sale, the market remain ing nominally steady. Based wwn quota tions at- last' week's close fat lamba would likely sell around $16.60019.60.. fat wes up to $14.60,- and light- yearling UP to $17.50, or better. - , Quotations on sheep: Lambs,, good , to choice, $19.00019.50; lambs, fair to good, $16.25019.76; shorn lambs, $16.00 17.00; shearing lambs, $17.60018.60; feeding lambs, $16.76017.75; cull lsmbs, $14,000 16.00; yearling. - $16.76018.00; withers. $14.60016.76; awes, good to choice, $13.76 014.50; ewes, fair to good, $12.00913.60; ewe cull and canners, $5.00010.00, No. 19.. 25. 12.. Kansaa, City Uve Stock. - Kansa City,. Mo,.'. April 18 Cattle Receipts, , 500 head; market dull; quota tions not practicable. Hogs Receipt.i !50 head; market, lights and mediums, 36e to ,50o lower; heavy 25c lower; top.' 913.80; bulk of light and medium. $13.00 Q 13.76 ; :" bulk, heavy, $12.7513.00 Sheep and Lambs Receipts, 3,000 head; trading very limited; few aeada fat lambs sold to packer at $1.36 to $1.75. lower than Wednesday, $19.60 paid. Quotation furnished bv Burns, Brlnker A Company, April s, it:o. STOCKS. Bid. Hankers Mig. & Loan, Om... J 5 Iturg-fxS-Nash. pfd. 7a, 1923-43 99 Continental O. & Elct.. pfd.. 60 . udahy rack., common Kldredge.Reynnld Co. 7. pfd l-'alrmont Creamery, pfd Fairmont Creamery, com... Gooch Pood Prod. Co., pfd.. tioody'r T. A R. Co. 7s. 1st pd 99 Harding Crtatn. pfd.. Hlgglns Hack. Co Lincoln T. A T. com. 7s... Neb. Pow. Co. 7s, pfd Xioholas OH, pfd. W. bon... Omaha A C. IV St Ry. pfd. Orchard A Wllhelm 7s. pfd.. 1'ax.ton A Gallagher 7s, pfd.. M. Peters Mill 7s. pfd.. Sherwln Willi's, P. Co. 7s, pfd. Sioux City Yards 8s. pfd.,.. Thomp.-Helden A Co. 7s, pfd. Union Stock Yards. Om BONDS. Col Lt. Ht. A P. 6s, 1924... 95 Cuba Cane Sugar 7s. 1930... 99 les Moines Kiel. 6s. 1938.. 79 French Cities 6s, 124 89 B. F. Goodrich Co.- 7, 1925. 97 Wichita Yards 6e, 1?:14 97 Hill Hotel Bldg. 6a. H31-90. 99 97 . 99 . 97 .175 7 '., . 94 ;'$3 . 46 . 99 .100 . 98 99 '99" 99 Asked. 100 "9 if ' 100 100 io" 1"0 99 90 100 95 'ii" lot 101 100 100 86 100 101 10 Lincoln Joint S. L. Bk. 6s, 193$ 95 90 ' 9 100 96 , Liberty Bond Trice. New York. April J2. Liberty bond prices at 11:30 s. m. todsy were: 8s, 9ii.84; first 4s, 91.00; second 4s. 98.90; firnt 4Vis. 9J.12; second 4s, 89.48: third 4s, 91.88; fourth 4s, 89.63; Victory Ss. 97.38;. Victory 4s. 97.38. Final prices on Liberty bond today were: 3. 99.70; first 4s, 91.00; second 4s. 88.00: first 4s. 90.98; second 4 Vis. 87.88; third 4. 91.60; fourth 4s, 88.06; Victory .?s, 97.34; Victory 4s, 97.28. New York , General. New York, April 12. ITIour Firmer; spring patents, 318 36014.85: spring clears, $10:00011.00;- winter straights, $11JIOO 12.26; Kansas straights, $13.00014.00. Cornmeal Steady; yellow granulated, $(.20W4.?6; white granulated, $4.20. Buckwheat Quiet; god milling, .$3,900 ..Wheat Spot, strong; No. 2 red and No. 2 hard. $3.05 and No. 2 mixed durum, $3.02. f. o. -. b.' steamer New Ynrk .lunm shipment. Corn Spot, barely teady; No. 2 yeU low, $1,91 and No.; 2 mixed, $190, c. I. f. New York, 0ts Spot, firm; No. 1 while, 91. J5. Hay 8lrong; No. 1. $2796 03.05; No, , $2.8002.80; No, 3. $2,6502.56; shipping, $2.402.6O. .. Wops Flrrri.; statv and Pacific Coast. ItIS, 960100c; 1918, 8OO860. ,Pork Steady:- mess, $43.50046.00: family, $50i)63.00. '.. . ' Lard Easy; middle-west, $l9.35 0!t.2fc, Tallow Dull; special loose, 14 o. wu. re;; i3 ii 'c. U1 Minneapolis Grain. M1nneanell irinn ln.il , 36o higher: in carload lota, standard flour, quoted at $14.50 a barrel In 98-pound cot ton sacks. Bran $49.00. - Wheat Cash: .No' 1 nnHlmrn ' 3.00. . , T" "w Corn-i-$1. 69O1.70- Oats 96 097 , . Barley $1.$11. 60. .'-' Rye No. 3, $1,88 01.84. M' Flax No. 1. $4,76&4.80. . - . St. Loul Grain. St. Louis. . Mo.. April 13. Corn M, v. $1.71; July, $1.61. , oat May, 91.00; July, $1.00. . New York Sugar. New Ynelr A .HI 19 Rao C, viH,. eentrlfiitfRl ' Ilf SA ,,.,J ..j higher; fine granulated, $16.00. BUY 6 First Mortgage Bonds ! arid let us pay your taxes and 6 (Net) Which is equivalent to better than 7 where you pay the taxes . .These bonds represent a. ".portion ; , . of a large mortgage secured; by v . ' Omaha business prpperty, centrally . located. These bonds mature in 4 to 8 years, . and may be cashed any time after one year, if desired, upon 30 days' notice. Any one can hold one or more of thee bonds issued in denomina , tions of $250, $500, $1,000 up to ) $5,000. . The Home Builders owns this mortgage and recommends these . bonds to those who have money for a 6 SAFE INVESTMENT pay- able semi-annually. Full descriptive literature sent upon request. A part of your business solicited. ' American Security Company . OMAHA, NEBRASKA C, C. Shimer, See. , G. A. Rohrbouih, Pro. '. A Diversified ;. : r Railrpad 6j Investment; ; Five railroad issues . at prices to return an average income of " more than six and one-half per" cent on an investment in equal " . amounts .ach..:; V; v List and descriptions will be sent on request for OB-298. The National City Company Correspondent Office in mor than 50 citie OmahkFirgt National Banlt Buildlnt . Telephone 3316 Douglas UPDDCtE SEL1V0CE We Specialize in the Careful Handling of Orders for' Grain and Provisions ' ..FOR -' " ' . , FUTURE DELIVERY IN , , ' ' All Important Markets WE ARE MEMBERS OF. Chlcag Board of Trad - St. Loul MtrcbaaU Eaehang Milwaukee Chamber of Commerce . Kent City Beard ef Trad Mlnneapoll Chamber ef Commerce . Sloua City Board of Trad Omaha Oaia Exchange WE OPERATE OFFICES AT OMAHA, NEB. CHICAGO, ILL. MILWAUKEE, WIS. LINCOLN, NEB. ; SIOUX CITY, IA. GENEVA, NEB. HASTINGS, NEB. HOLDREGE, NEB. PES MOINES, IA. ATLANTIC, IA. HAMBURG, IA. AH of thee office are cannected with oach other by private wire. We are operationg Jarge up-to-date terminal elevators ia the Omaha and Milwaukee markets and are in position to handle" your shjpmens in the best, possible manner i. e., Cleanings Transfenng, Storing, etc. , It will par yoa to get in touch with en of our effico whan wanting to BUY or SELL any kind of ' grain. ' WE SOLICIT YOUR Consignment of All Kinds of Grain to OMAHA, CHICAGO, MILWAUKEE and SIOUX CITY Ewry Car ReceiTes Careful Personal Attention The Updike Grain Company THfe RELIABLE CONSIGNMENT HOUSE The WatehwoTOy SteV NEVER SINCE THE CIVIL WAR HAVE THE AMERICAN PEOPLE BEEN IN A GREATER NEED OF STRONG AND INTEL LIGENT LEADERSHIP THAN TODAY. The period of reconstruction, about which we began to talk soon after we entered the war, is now upon us with problems more complex and grave . than any with which the natiotfhas had to grap ple since the days of the secession. The admin istration, which in the summer of 1914 com manded u4 to remain "neutral in thought," and . two years later sought endorsement under the -slogan that it had "kept us out of war," subse quently informed us that this world would be a different and a better one after it had been made "safe for democracy." , THIS IS INDEED A DIFFERENT WORLD FROM THAT OF A FEW YEARS AGO, but most of us are convinced that, whatever its faults, we at least live in the best part thereof. Behind that conviction, however, arises an ap prehension, born of events during the past year, of impending attacks on the most cherished in stitutions of our republic. When law and order are defied, when the authority of the central government is challenged by organized groups whose avowed aim is to establish internation alism by the destruction of nationalism, it be comes easy to understand why the American people at this time are looking anxiously to ward their future security and displaying pro found interest in that group of national leaders from which most probably will be chosen the next president of the United States. The late war, the greatest in history, has left the world a legacy of social and economic problems more grave and troublesome than the problems of any other period in modern times. It will de volve on the next administration to solve at least some df these problems and to shape a wise pol icy which . ill; lead to the solution of others. HUNDREDS OF MILLIONS OF MEN AND WOMEN in America and in Europe have been released from a titanic ! struggle which cost ' countless sacrifice Tn blood and treasure. These millions are now, recovering from the shock of .'battle. They are trying to find their peace bal ance. It is difficult work, for the world is still economically upset, and socially in a state of turmoil. Since that memorable day in Novem ber a year ago, when Prussian autocracy sur rendered, giving up its pretentions for world dominion, literally thousands of remedies have been offered for the war ills of civilization. It seems that not a single one of these suggested remedies can equal the simple and homely for mula spoken before an audience in Passaic, New Jersey, on the evening of January 11, 1920. The speaker wore the khaki uniform of an American army officer." His bronzed, kindly face was deeply lined with furrows and his voice rang with emotion as he said: "THE WATCHWORD FOR THIS COUN TRY TODAY SHOULD BE 'STEADY,' AND THE SLOGAN SHOULD BE 'LAW AND OR DER.' Hold on to the things that made us what we are. ' Stand for government under the con stitution. Stand for the homely plain things which really lie at the foundation of our gov ernment. We want ito stand with our feet squarely on the earth; our eye on God, our ideals high but steady." THE SPEAKER WAS MAJOR GENERAL . LEONARD WOOD, and it seems to me that in the above words he came nearer to giving voice to the thoughts that lie closer to the heart of T A"i?ri;an natin today, than the whole host of political prophets who have addressed us during the past year. t , no.AiKHiYf THERE IS N0 MAN in THIS GREAT LAND WHO CAN POINT TO A CA SS? ?ICER IN SERVICE TO HIS FELLOW MEN than, this doctor-soldier administrator. He has devoted his whole life to his country in a profession that is not popular, except in time of war. And yet his great deeds, bestowing hap piness on alien peoples and undying honor on his own country, having been performed in the capacity of a civil administrator and business executive. There is no parallel to Wood's Cu ban labors Wood's record in Cuba forms one of the shining chapters in our national chron icles, one of the fair pages in the history of civilization. TO WHAT EXTENT THIS SAVIOR OF CUBA BECAME THE RESCUER OF THE UNITED STATES during the late war was we of the present generation may never be able to determine. What we do know is that he stirred the soul of America by his courage and patriot ism when other leaders of our country main tained and enjoined on us a craven silence. HIS PLATTSBURG CAMPS became the model of our officers' training camps, and the model was in perfect working-order a year be fore we entered the war. Leonard Wood has achieved a high distinction as an army officer, and yet a more unmilitaristic, more democratic American you cannot find among the hundred . million inhabitants of this country. Frederick Moore in The Life of Leonard Wood. , THis Sflogam-Law amidl Orfa V..'