Omaha daily bee. (Omaha [Neb.]) 187?-1922, April 18, 1920, FINANCIAL NEWS AND WANT ADS, Image 45

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    THE , OMAHA SUNDAY BEE: " APftlL 18, 1920.
lalA
Market and Financial News of the Day
Live Stoctf.
Omaha Ut Stork.
Omaha. April IT, lKt,
' J?ci$ts wire Cam
Official Monday .... 30
V, Off lelA. Wednesday.. 5,03
iwinciai' -j nursqay a, has
Official . Friday i,3j
nstlmats Saturday... 600
Six daya this week.2i,03
Sams daya last wek.38,94
Samara weeks ano.3S.501
Faraa'a weeks ago.l,43
Sanaa dssa year ago.l9,ti0
' Omaha, April 17. 1J0.
' JL Mwss lWSo lower, and oala Hlo off. Rj
K f o. TV""1 harlywera firm and- moderate ra-
.51 I'iii I rolpti uf corn and oati wera In evident
Mil
9.372
13,337
11.449
6,70
41,943
78.216
;:,t;93
3.63 i
81.513
i,m
3,190
7.B4H
6.116
19.963
46.30!
44,476
30,963
35,727
Cattro-AUhough recelpta wera very
netllglble on Monday, yery light on Tuee
a creditable allowing has been made
for tha aix days, the total (or Nu week
halng ' 14.600 head as compare with
33,900 a m-eck ago and only 15,600 a year
.It haa been a good week for all classes
f,, beef ateej-s with values ateadlly increasing-
until at tha close' prices are as
high, aa at anytime thin season, (.'hole
steers are selling as high as I14.M and
yearlings have topped at 113.85. Butcher
stock prices have also Improved as the
week haa progressed with top sales of
iie.SS on small lots of both cows and
heifers In the last day or so. Quality of
the offerings has been exceptionally
good. Trade in stockcrs and feeders
naa bean limited on account of
lack of fresh supplies. Tho traders
pens Were full at the beginning of the
week but havo been very well empHtd
by country buyers. Monday and Tues
day prices were lower than the best time
last week hut some Improvement lias, been
made In tho last few days on account of
'"lack, of supply. Quotations ara nom
inally the same as 10 days ago.
Quotations on cattle: Hood to choice
HS-Vyi" 014.on fafr to good begves,
Iflllf ,30! common to fair beeves,
ilS'SS1'-751 0Dd ,0 yearlings,
H:JiP1M'' ,a,r to g"t yearlings, $10.60
WH.7G; common to fair yearlings, $9.25
i J , cnoice to. primp heifers.. $10.00i
' li.,00; good to rholce heifers, $8.7610.00:
rholea to prime cows. I10.50lgin.76; good
to Choice cows, $3.00(plo.r0; fair to good
I"w. J7.5O0.8.75; common to ffflr cows.
I4.76O7.S0; choice to prime feeders, $10.00
iA"-50; good to 'choica feeders, $3.00
10.00; medium to good feeders, $8,00 0
.1.01; common to fair feeders, $7,O0iS.00;
good to choice stockers, $9.0Utclo.60i fair
tu food stockers, $7.789.00; common to
'l trades. ttj.00i&7.75; stock heifers, $6.00
BiS.00; stock cows, $5,7647.75; stock
I'Jv.'' .O0 10.00; veul calves, J10.01)
IS IS; hulls, stags, etc., $G.OO11.00. V
Hogs The railroad Btriko the fore part
of the .wejekxheld hog recepta-to small
ptoportlonHthis'week with a total supply
of only 41.900 head. Not much tradinff
,ss done Monday" and Tuesday, but tho
l.tarkot began to assume a normal condi
tion by 'Wednesday, since which time trade
haa been in healthy condition and With
broad demand from shippers and pack,
era active buyers, prices have gradually
advanced. Not quite so much attention
baa been paid to weights and more to
ouamy,
3 6,06
nay. Saturdays lop was $15.05; $1.00
n'gher than last Saturday. Tho week
rloaea with the hulk 76c higher than the
dy before the big decline aet In.
, , Sheep Trade In sheep end lambs has
been sivlntf a verv creditahlA neemmt nt
iiself and prices in all branches of the May
, ..woiin. vuiiniuuiam; mglier, lire
icelpts have been very moderate mainly
hecauseTof the Interruptions caused by th
strike conditions.. Compared with last
week good fat lambs show advances .of
about -41. 0001. SO with a few fat sheep
oralng selling at figures mostly 60o
higher. Shearing lambs are meeting with
a strong and vigorous demand at unevenly
higher figures. Best fat lambs were yes
terday topped at $30.65, this price being
the highest of the seaaon. Shorn lambs
are telling up to $t7.76 and a fewVhearlng
lambs went out at $19.75. Good fat ewes
aro quotable up to $15.00 and better.
Quotations on Sheen and Tjimli
Lambs, good to choice, $20.25Q130.66;
Omaha Grain
today. J
Cash sales were:
Wheat No. 2 hard. 1 car, $2.83; 1 car,
$3.83; No. ( hard. S cars. fi.lU 1 car,
$3.80; 3Cars, $2.78; 3 ears, $1.77, (smutty);
No. 4 Hard. 2 cars, $3.76; 2K cars, $3.76;
1 car, $2.73; No. 6 hard, 1 car, $2.73,
(64 per cent rye); sample hard, 1 car,
(8 per cent rye, (4.6 lbs.); 1 car, $3.70,
(xmutty); No. 1 spring, & cars, $3.0tr,
(dark northern): No. mixed, 1 car, $1.7.
Corn No. 2. white, 2 cars, $1.67; No. I
white, 5 cars, $1.64; No. 4 white. S can,
$1.62; No s yellow, cars, $1.61; No.
yellow. 10 cars, $1.66; J-i car, $1.66; No. 4
yellow, 1 car, $1.64; cars. $1.63; No. 3
mixed, (5-6 cars, $1.63; No. 4 mixed, 3
ears. $1.62; 9 2-3 oars, $1.61; 2-6 car,
$1.61; No. 6 mixed, 1 'car, $1.60; No.
mixed, 1 car, $1.57 fsodr); sample mixed,
1 car, $1.30, (heat); 1 car, $1.20, (hut
sur)
Oata No. 2 white. 2 rara. $1.00; No. 2
white, '19 cars, 99c: 6 cars, 9c; sample
white, 1 car, 99c; 1 car, 98 Vic; 1 car, 8c.
Itye No. 3, 1 car, $2.00.
OMAHA RECEIPTS AND SHIPMENTS.
I Today Wajk Tear
Wheat SI
Corn. 30 v
Oata 43 .
Rye 10
Barley 1
Shipments ,
Wheat ..' 33
Corn 7
Oats '. g
Rye 3
Barley ..,..
OMAHA GRAIN INSPECTION.
The number of cars of grain of the sev
eral grades inspected "In" here during
the lastv4 tours follows!
Wheat No. 1 hard. 1: No. 2 hard. 24;
No. 3 hard, 8: No. 4 hard, 12; No. ( hard,
6; sample hard. 3; No. 2 mixed, 1; No. 3
mixed, 6; No. 4epnng, 1; sample spring,
l; total, 63.,
Corn No. 2 white, 2; No. S white,-(;
No. 4 white, 2; No. 5 white, 1; No.
white, 2; sample white, 1; No. 2 yellow,
5; No. 3 yellow, IS; No'. 4 yellow, 21; No.
i yellow, 6; sample yellow, 2; No. 2
mixed, 1; No. 2 mixed, 6; No. 4 mixed,
12; No. 6 mixed, 1; No. ( mixed, 6; aam
plemlxed, 1; total, . 1
4)ttts No. 2 white. 6; No. 2 white. 42;
No. 4 white. 6; sample white, 1; No. 1
mixed, 2: total, 65.
Rye No. 2, 3; No.l2, 6 No. 4, 1; am
ple, 1; total. 10.
BarleyVNo. 4. 1: rejected, 4; total, S.
The Crjlcago Tribune says: "An effort
Is being tnade by the leading grain Inter
ests throughout the Country to Induce the
railroads to give more attention to the
grain trade and furnish cara to move the
interior holdings aa an economic measure
to prevent a higher cost of food. Unless
this Is done It Is feared valuea cannot be
kept at a, reasonable level. A committee
ol elevator Interests .representing the Ter-
irrmAi r. levator association ta
Ago
11
66
3
3
1
40
60
31
3
0
, Ago
3
21
22
10
68
67
41
2
2
tO BO tO
Washington to confer with the Interstate
luality. Saturday's bulk was $14.25 J Commerce commission."
6.60; tl.60(1.75 higher than last Satur-r" ;
By Updike Grain Co.. I). 2627. April 17.
Tighten Credits Feature
Trading of Week In Market
New Tork, April 17. Developments of
tho week Iq the securities market were
governed largely by tighter credits, and
the railroad etrlke. Neither of these fac
tors acted as a deterrent, however, to tc
aggressive operations of bull pools.
Call money rose -to 15 per cent, -wh'V
the demand was at Its height albeit, iuoi
of the week's loans were i made at
8, marked" relaxation being shown when
Interior banks came into the market. Time
money lost none of Its stringency, slight
ly higher bids being made for short time
accommodations, with few acceptances.
The railroad strike had little or m ef
fect on transportations beyond reducing
dealing In that quarter to a minimum,
Sut reports from Industrial centera In
icated curtailment of production, due to
scarolty of coal and other materials.
- On the surface the lnveatment market
derived further strength from the success
of the Pennsylvania Railroad bond offer
ing, this being followed by an announce
ment by the Standard OH company of an
additional Issue of $100,000,000 preferred
stock. '
The effect of 'these new undertakings
upon previous issues -with less attractive
Interest returns was most obvious In
Liberty bonds and Victory notes, nearly
all of which suffered depreciation, to new
low records.
Additional reasons for the weakness of
the government's war flotations were
found In the higher Interest rates at.
tached to new treasury certificates and In
voluntary liquidation from sections of the
country where Industrial unrest has been
inoi t conspicuous. , j
, t'hlcafo Produce.
Chicago, April 16. Batter, higher;
creamery, 4664Hc.
Eggs Unchanged; receipts, IS. 79! rases.
Poultry Alive lower; springs 38c; fowls,
38c.
Cottda Futures.
New Tork, April 17. Cotton futures
closed steady; May, 42.26o; July, 39.85c;
October, 37.00c; December, 36.8SO; Janu
ary, 35.00c.
Chicago Potatoes.
Chicago, ApAl 17. Potatoes Strong; re
ceipts. 24 cars; northern white, sacked,
t7.507.70; kings, $7.40.
. . New York Sugar.
New Tork, April 17. Raw sugar firm;
centrifugal, 19.46c; raw sugar, lff.&OW
17.25c. ;
New York Coffee.
New Tork, April 17. Coffee P.lo Ts,
15 3-16c. Futures, steady; May, 14.57c;
July. 14.87c. 4
Art.
Corn
1 w mm os, isir ta goon, $i.Z5n20.Z6; shorn
II f lambs. $17.00'17.76; shearing lambs.
L J". $18.6019.75; cull lambs, $14.0016.00;
VjF -yearlings. $16.7518.00; wethers, $14.50
fl 18 11.76; ewes, good to choice, $14.2515.00;
Z. M ewes, fair to good, $13.0014.00; ewe
. cuiis ana canners. $6.0012,00.
a
Chicago Live Stock.
Chicago, April 17. (V. 8. Bureau of
Marketa.) Cattle Receipts, 7,000 head;
hnef steers and she stock, steady to 25c
lower; top steers, $14.76: bulk. $11.60
11.00; eannere, $4.5066.00: bulls, steady,
to 25c higher: calves, steady to 60o lower;
top venlers, $16.60; compared with week
ago: beef steers, steady to 50c higher; she
stock mostly steady to S5o lower; canners,
Kteady; bulls, strong to 60c higher.; calvea,
$1.50 to $2.00 higher; feeders nominal.
. Hons Receipts, 7,600 head; market
strong to 40o higher; top, $16.30; bulk
llS.0e16.2K.
Sheep and Lambs Receipts, 3.000 head;
n-arket Steady; top wooled lambs. $21.60;
vutrspared With a week ago; lamba and
yearlings mostly $1.00 hlgtier; aged sheep,
2Se to 50o higher. T
Vi---. I -
. , .Sloui City live Stock.
,Sloux City, la., April 17. Cattle Re
ceipts, 1.600 head; market steady to 25c
lower; beef steers, choice fed, $ll.26
14.26; . ted yearlings, $9.0014.00: Seef
faws.. $7.00(518.00: fat cows aneV heifers,
$00(H3.00; canners, $4.O06.60; stockers,
$7.0J.60: feeders. $S.00N.60; veal
calves, best, $7.00ig)15.50; common calves,
td.D0fJ9.00; feeding cows and heifers, $5.50
j(Ji9.00. .
ltogs Receipts. 7,000 head; market 10c
to 15o higher; light, $14.2515.60; mixed,
I14.00fil4.75; heavy, J13.6014.60; bulk,
$14. 0014. 75. .
Sheep and Lambs Receipts, 200 head;
market steady. 1
July
Sept.
Rye
May
July
Oats
May
July
Sept.
Pork
May
July
Lard
May
July
Ribs
May
July
Open.
1.69!4
1.64
1.68 ?i
l.JBU
1.91 fl.91',4
.95H
.6754
.76"
137.60
38.60
50.30
21.25
18.47
19.07
High. Low. I Close. Yest'y.
1.70
1.64
1.591
1.97
.88
76?
187.50
38.50
20 SO
21.25
18.60
19.07
-1.68
f 6tt
1.57
1.94
1.88
.'
.86
76
37.05
38.00
20.25
21.02
18.42
19.02
1.694
1.64
1.59'
1.97
1.91
.96
874
MM
r.i5
38.16
20.26
21.05
18.50 .
19.07
1.69
1.64 A
1.59
l.7
1.91'A
.6V
.76
J-
37.60 -34,50
20.40
21.20
18.47
19.07
Kansas City Live Stock. I
Kansas City, Mo.. April 17. Cattle Re
ceipts, 1.500 head: compared with Wednes
day, April 7 (day preceding switchmen's
strike'): beef and butcher cattle, 60u to
$1.50 higher: eannet-s and cutters and
calves, strong to 60o tttg-hor. -
Hogs Receipts. 7,000 head; market
strong to 10c higher: top, $15,25; bulk
light and mediums, $ll,ig15.25; bulk
beav4ei $14.4015.00.
Sheep and Lambs Market strong with
April 7.
St. Joseph Live Stock. ,
St: jifseph. Mo April 17. Cattle Re
'eftTpts, 200 head; market nominal; steers,
ja0.6U14.7r.; rows and heifers, $6,000
14.25: calves. $6.0012.00.-
Hogs Receipts, 2,50: market 5c to lOo
blghtm top. $15.10; bulk, $14.0015.10.
Sheep and Lambs Receipts, none; mar
ket nomlnsT; lambs, $19.2620.25; ewes,
$14.60 j 15. S5. .'
1 " ' New York Money.
New York. April 17. Mercantile Paper
-ii.8 per cent.
,-Exuhange Steady. , V -'
' Sterling Sixty-day bills. $3.90?. : com
mercial 60-dav bills on banks, $3.90;
iCommorclal 60-day bills, $3.90 demand,
$3.!5i: cables, $3.96.
' Franrs Demand. 16.22; cables. 16.20.
k Belgian Franca Demand, 15.42; cables,
15.40.
Guilders Demand. 37 l-16c;. cables,
37 -l.
Lire Demand, 22,0$: rabies, 22.00. .
Marks Demand. 1.69c; cables, 1.60c.
. Bonds Oovernmapt, Irregular; railroad
l)onds., Irregular.
Sterling weakened sllghttyln the late
dealings, demand bills selling tS3.94;
Dan's Trad Review.
New York, April IT. Dun's Review to
day says: 1
"General Inconvenience and no Incon
siderable loss to business have resulted
from the railroad walkouts, and some
time must necessarily elapse before the
deleterious effects will be wholly elim
inated. "With transportation disorganised and
movements of raw materials seriously Im
peded, shutdowns at many manufacturing;
plants have been unavoidable and last
months more ravoranie production results
cannot be, repeated in April, wnne con
sumption of goods Is also diminished. "and
tnougrn unemployment in various indus
tries curtails the publlo purchasing power.
yet the strikes have reduced available
suoelles or dirrerent commodities, ana
some prices, as Dun'a list demonstrates,
have risen sharply. Such a tendency has
appeared at a time -when many dealers.
in planning ror tne luiure, aro conironiea
with a manifest change In the buying dis
position of consumers, -not a few of whom
are turning away from extravagance In
personal expenditures and arax becoming
more discriminating in their selections of
merchandise.,
Weekly bank clearings. $8,317,232,656.
Omaha -Hay Market.
Receipts light on both prairie hay and
alfalfa, and the demand is- somewhat Im
proved causing the market to advance on
both -prairie hay and alfalfa. Oat and
wheat straw some lower on account of the
demand being -quiet. No. 1 upland, prairie
hay, $20.0022.00 No. 3 upland prairie
hay, $17.5020.00; No. 3 upland prairie
hay, $12.0016.00. No. 1 midland prairie
hay, 3is.uu2i.uu; no. a miaiana prairie
hay," $17.6019.00. No. 1 lowland prairie
hay. $12.5014.00; No. 2 lowland prairie
hay, ie.00ll.00; No. 2 lowland prairie
hay, $7.00010.00. Choice alfalfa, $31,000
33.00: No. 1 alfalfa. $29.00(831.00: Stan
dard alfalfa, $S4.0028.00; No. 2 alfalfa.
$17.00 20.00; No. 3 airaiia, siz.uuciti.vu.
Oat straw. $10.00613.00; wheat straw,
$9.50 11.60.
, Kansas City Grain.
Kansas City, Mo., April 17. Butter-
Unchanged.
Eggs Higher; current receipts, $11.85
per case; firsts, 41c; 10 higher.
, poultry liens, jo lower,
Liberty
bonds
We buy all issues of Liberty
Bonds and Victory Notes at
highest New York market
price, plus accrued interest,
less a small handling charge.
We sell Liberty Bonds and
Victory Notes at New York
market, plus accrued interest,
without commission.
I
UNITED STATES TRUST GO.
-:-.- New York Produce. T.
New Tork. April IT. Butter Steady
extra. 12ei other unchanged. -
Eggs Firmer: fresh gathered extra
firsts. 4445o; do firsts, 4:44c.
r-heese Firm and uncbaraed.
-Xew York. April 17. Poultry Live, not
quotid. Dreseed, steady and unesatnged.
Liberty Bond Prices.
' New York. April 17. Final prices on
Liberty bonds were: 3s. 93.60: first 4s,
90.S0: second 4s. 86.98; first 4'4s, H0.30;
aeoond (Vi. 86.96: third' 4s. 92.10:
fourth 4is. 87.50; Victory S?is, 96.08; Vic
tory 48, 96.20.
High Wheat Prices Cause
Rise In Com During Week
Chicago. A-prll 17. Extraordinary high
prices for wheat have .stimulated brisk
new advances this week In tire corn mar
ket. Compared with a week ago. corn
quotations this morning ranged lrom 2 He
.to 4i,3 up, oata showed gains of lo to
i He and provisions a also varying from
17o to $1.60. '
Although at times' the measures taken
to bring the railway strike to an end led
to sharp setbacks in the corn market, the
dominating factor en the whole . was
,w(rat at $3.00 and upward a bushel.
This Influence was ascribed In turn to
i sudden exnanslon of European demand for
breadstiiffs, a circumstance due partly
to likelihood of lessened production of
wheat In the United States this year and
partly ttO chances that India, Australia
, end Argentina might declare embargoes
sgatnst the exportation of wheat. The
MpWsrd strain of the corn market was
partly- rellevedi Kowever. by big resales
of oats which 'had' been purchased for
Trance. A motive for reaelllng was ssld
to be to provide Increased vessel room for
.wheat and rye.
, Oata. sympathising with com. Jumfed
te new high price records for the sesson
.and then reacted somewhat.
' " Provisions reflected the grain advance
and the eeml-monthly warehouse reoort
In dlcattng r burdensome new lnereasr
t SlOCits. v
Affiliated with
United States National Bank
1612 Farnam St.,
Omaha, Nebraska.
I
inononoaonoaonoronononconoDODO!
7 Investments
which deserve
your consideration - '
WX WISH to call your alien-.
tion to the opportunity ,
' which exists at the present time
to buy securities of the very high
est grade yielding 7 to lxz.
I -
Here are three offerings from our f
1 v list which we recommend for con-
v servative investment: ,
Bell Telephone Co. of Canada'
Five-Year Bond 7Of
Priced to yield aBout ..'....' 2
New York Central Railway Co.
7 Equipment Trust Certificates
Southwestern Bell Telephone Co.
Five-Year 7 Convertible Notes 760t '
Priced to yield about "'0
Ask for Detailed Circulars .
Offered Subject to Prior Sale"1
Maturities 1921 to 1935
Priced to yield.
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IT
We Own and t ,
Offer f
1
Three New Issues
Southwestern Bell Telephone Company
v Five-Year 1 Convertiole Gold Note
v Due April 1st, 1925
Eetire capital stock, with the exception of ,
Directors' qualifying shares, owned by the Ameri
can Telephone and Telegraph Company.
Price 976 and accruer! interest to yield orer
7.60.
, The B. F. Goodrich Company
7 Convertible Gold Notes
Due April 1st, 1925..
These notes are convertible into the common '
stocfcvof the company at any time during their life
at not mofe than JjiO.OO a share.
Price 984 and interest to yield more than
7.10. - - y
Associated Simmons Hardware Company
Five-Year 7 Secured Gold Notes
Due May 1, 1925
The AssocSted "Summons Hardware Company
is a voluntary Trusteeship and owns or controls ,
the entire capital stock of the Simmons Hardware
Company of St. Louis and all subsidiary com
panies. They distribute the well known Keen
Kutter tools.
Price 98 and accrued interest to yield about
7.50. .
Detailed Information on Bequest. ,.
MDiWMTCfl;
The rrocresslvef-ConseTvatlTe Trast Company.
HI
- - - i
An Unusual Investment Opportunity
, VVE RECOMMEND InVeSTMNT IN -"
LIBERTY and VICTORY BONDS '
At present prices, thay net front 3J5 to t
Third 44 Boiids Net Approximately 5.65.
, . fourth 4U Bonds-Net Approximately 5.40.
I ' Fifth 4?4 Bonds Net ( Approximately 6.
" We SELL at New York quotations and BUY at prevailing
. prices less a small handling charge j
THIS INSTITUTION IS AFFILIATED WITH ,
NN FIRST NATIONAL BANK
.. ' ' : sr.
f
' Phone
Tyler 729'
16th and
Farnam
ii
m liivesra
i
An OpportunityAnd An Invitation
The press recently carried the announcement of the recapitalization -of the Hebb Motors Com ,
any from a Two 'and a half million dollar company to an institution with an authorized capital
stock of Ten million dollars, and the change of name to'the more appropriate one of Patriot Mo
tors Company. ("Patriot being the trade name pf the 'Motor, Truck manufactured) ; and through
the mails th$ Company's stockholders have been fully advised of the proposed expansion program. ' ,
partake of the harvest of experience, as indicated
by the above capacity business being done by this t
manufacturing concern at the present time. J"
Market Guaranteed by Law of Averages
In the history of the United States there has
never' been a general crop failure, and there never
will be, , because there is invojved too wide a scope .
of territory. In some sections the seasons are bound
to be favorable and the law of averages will insure
good crops HERE, even tho there is a total failure'
THERE. On the same basis, the manufacturing coh'"j:
cern, rightly directed, producing needed articles, and
MARKETING IT IN THE ENTIRE COUNTRY, can
not fail, because too much territory is involved. .
There willJbe a market every month, somewhere
between Canada and the Gulf; between New York.
and San Ffirrjcisco. , .
Reasons for Expansion
Life is progression or the reverse; manufac
tories go ahead or go backward. Nature will harbor
nothing stationary she abhors a vacuum. The
Hejrfb Motors company has gone ahead in a manner
that, while not attracting so, much attention a$
home,, it has been universally ascribed the "dark
horse" in the automobile industry the country over,
especially among-the manufacturers. That a major
truck manufactory could be built out here in the
middle west wajs thought by them, only a couple of
years ago, a thing impossible, incredible. ,
i
Factory Ground Broken Less
Than Two Years Ago
Less than two years have passed since the con
tractors, with teams and scrapers, entered a corn-,
field west of Havelock and broke the ground for the
site of the present Hebb Motors factory. Today
Patriot Trucks are in wide and very general use in
every state west Of the Mississippi and in most of
the eastern ana southeastern states. Now the New
England States are being covered. More J;han 60 per
cent of the Company's sales for 1919 were made to
people who had previously purchased Patriot
Trucks, and came; back for more. With the hun
dreds of Patriot Trucks irTuse all over the United
States and most of western Canada, there is not
one single dissatisfied Patriot owner; This speaks
eloquently for the superiority of this motor vehicle.
We confidently believe that this record is unmet in
motor truck manufacture. And the Commercial
Body business has l;otally outgrown present Quar
ters andmust have new buildings. r
Eight Millions in Orders on Books
The first- of the year the Hebb Motors Com
pany held convention of their dealers from Texas,
Louisiana and Oklahoma, and these men during the
convention signed orders and put deposits on over
$4,000,000.00 worth of motor trucks for shipment
as quickly as the factory could deliver. Since that
time the Company has received orders amounting to
several millions more, and now have bona-f ide ship
ping orders totalling something over eight millions
of dollars. To take care of this tremendous volume
pf business, which is growing month by month, and
coming as it does from the entire country, requires
additional capital. Fox, that reason an issue of the
Patriot Motors Company's common stock is offered
the investing-'public at this time. While the capi
talization has been authorized to be increased to
ten million, only one million dollars worth of its
shares are being offered the investing public, at this
time. It is confidently expected that the present ofr
feting wfill be subscribed within a very short time. .
One Thousand Dollars Invested in Hebb
Motors in 1918 Now Represents
; N a Value of $3,630.00
. , ( In 1918 a limited numbfer of investors were for-
tunate enough to secure stock of the original issue,
although they knew not of their good fortune then,
and had to be urged to invest. One thousand dol
lars invested then represents a value today of
$3,630.00 an increment of 263 per cent on the in
vestment. Investors then were offered participation
in the fruits of the business, whose1 founders had
traveled every inch of the distance of the road lead
ing to a large body jobbing manufacturing business.
Those founders had kept an ear close to the ground
for six years, so far las the motor truck demand was
concerned, and they knew beforehand just what
could be accomplished by a modern, good-as-thebest
factory here in the section of the country vwhere ex
ists the largest possiBle market for motor trucks. It
should be remembered that the sixteen middle west
states produced in 1919 two-thirds of the country's
grain wealth and three-fourths of the country's live
stock wealth. More than half of the twenty-eight
million horses and mules in this country are owned
on the farms of these sixteen middle west states.
Just so today, investors of 1920 are privileged 'to
Freight Average Favors Lincoln
ki art
j.
If all the motor trucks manufactured in this,
country last .year could have been shipped from
Lincoln to the points where they were purchased
by the user, the amount of freight saving involved
would have amounted to 23 compared with the'
freight charges that were actually paid. Most of
the trucks sold last year were, as everyone knows,-.-manufactured
east of the Mississippi river. In
other WQrds,,Lincoln is more favorably located,
from the viewpointNof the )truck absorbing territory,
than any other city in America. This will always
give Lincoln a marketing influence in this line of f
manufacture not enjoyed by other cities east or west."
And the body business goes hand in hand vvith the;
truck business naturally and logically. s"'J
Figures Presented Two Years Ago
i " t
Two years ago a good many investors in Lin
coln and surrounding trade territory were told what
.$1,000 invested in different motor companies in the
early days of their operation had earned. It was
estimated -that history might repeat itself in con
nection with an investment in the Hebb Motors Com-
. pany. There were scoffers and doubters who looked
wise andaid nothing. History HAS REPEATED
and investors of two years ago and even one year
ago, have enjoyed an increment of from 60 per cent
as a minimum to 263 per cent aa a maximum., AA
reminder these figures are again quoted: . ': 2
Dividends in Automobile Stocks the1
Sr
"1
; Largest hVthe World
$1,000 invested in Federal Motor Truck Co.
returned in 7 years). .. ..... ... .$ 78,872
. 1,000 invested in Chalmers Motor .Co.
returned in 8 years.... 86,658
1,000 invested in Chandler Motor Co. re
turned in 3 years 35,000
1,000 invested in Enger'Mptor Co. re-
turned in 7 years. . , 78,782 j
1,000k invested in Ford Motor Co. of Can- ,; . ;
acta returned in 11 years ' . 424,878 ;
1,000 invested in H. H. Franklin Mfg. Co.
returned in 9 years .i , 15,813n
1,000 invested in Hupp Motor Car Co. re- :
turned in 7 years 191,200 !
1,000 invested iri Paige-Detroit Motor Co. ... !
; returned in 6 years. 20,080'
11000 invested in Reo Motor Car Co.
turned in 11 years 56,462 -
( Authority Motor Stocks, 4th Edition Pub-
lisTied by Slattery & Co., New York.)
We cordially invite all those investors who Be-.
lieve in the future growth and development of the
motor truck and commercial body business to join
in this great enterprise. An investigation of the
facts and figure's will cost ypu nothing. Hundreds';
have already invested because they realize what a
really big industry is growing nere in our midst.
You are interested, bf course. Why not participate!?
in the profits of a going concern." This is an oppor
tunity, and an invitation. Fill in the attached coti-3
pon-and mail today, lest tomorrow be t?o late, it '&
CASH SUBSCRIPTION COUPON
, ' '
Gentlemen: ' "
' V
I am enclosing my check for for which
please send me shares Common Capital Stock
of the PATRIOT MOTORS COMPANY, at ?10 per share.
Signed.. :...
V
Address.
Occupation
Gentlemen?
INFORMATION COUPON .
3sM
5
i Wfthout obligation on my part, I would like to have
m'-
you send me further information about the PATRIOTS
MOTORS COMPANY..
S Signed.
Address.
" ,i . ' -.:
Occupation X...,. .- ....!'
, , - . ""
Make All Checks and Address All Letters to , '
Standard Securities Corporation
FINANCIAL AGENTS
1 18 North Eleventh Street B-343 1
Lincoln, Neb.
(The Patriot Motors Company of Lincoln, Nebraska, has received Permit No. 951, from the Bureau' of Securities. Department of
Trade and "Commerce, of the State of Nebraska, authorizing the sale of its securities, in accordance with Article XX, Chapter '
190, Session Laws of 1919, and the general laws of the State of Nebraska.) - .