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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (April 30, 1920)
THE BEE: OMAHA, "frRlfiAY, AfrRIL 80, 1920. 11 Market, Financial and Industrial News of the Day Iiva Stock Omihi, April ;s. Cattl. Hon Sheen. S.54 (.300 10.4S3 (.690 lt.SJS 4.S73 11,000 COS D7.1U 17,103 5a.:'8J 18,095 23.7H 13.847 J.7JK 42,140 61.37(i 27,74 Receipt were Off?.! ond' SIm61". "dnesday.. Mo. 55!.!U Thursday. 4.600 our day thin w,( J1.03S m day last week 33,364 ame day 1 w'a ao 15.604 JJam daya 1 w'a a-o 33,T m daya year no S4.20S areordln to tba estimate. For the four daya. however, the total la 'only 21 000 th!d..!!.CJ,mp,.r"1 "n 33.00 head for tor !?l" to5! Weelc an1 head l.dlnf .wa on 'low basis with SSk."e'! P.P", buy.,r" "26o lower and ?27w yw,.tr1,y " i'rlce " 'bout teady with task 'rldar. The atock also t.H.v.4 .lowly t 5o declln". .vlnS valuea. how.vTr; 36&40n above last r'.f'0;'- J" and feed", wr Ullt ,0,t.,ny advance made earlier In the . Z.-iaa no mor th,n tady with Quotation on cattle: Good to choi-e liAftSfi.U6' common lr beevwa ;:.S?1I 00: 00d to rhol yearling- I1J 00W13.00; fair to ,ood y.arllnii, liofoo !IoX; c0mnn to fair yearling, 19.00 Si? 2: ch0,c to prima heifers, tlo.00 :..0,d holce heifer, Is.ooia ."olce to prim cow. 39.7Beil.00; S?i. -to ho'o.i7-BT.00i common to fair cow. 4.60if7.00; choloa to prime feeder. J10.0011.00; g00d to choice Je.dr, .00 10.00; medium to a-ood feeder. SS.oOjfMO; common to fair feeder., 17.00 S.00; good to choice atock 5 a 1, -A 1 60 'air to good .tocker. i;V;P',00; coinon to fair arrade, 36.00 W7.7; atock heifer. 17.009.00; atock row. .008.10; .lock calvei. I6.09TJ 10.60; veal calves, l.6014.00; bull, eta-, we., 14.00 ll.OO. , '.!ir,R"c,,pt" of h0 w estimated load or 18,000 head. After a alow ud lower opening-, demand became broad and price generally .teady to 85c fctin,, nirianjr. Moat or tne td vane being; on the medium, mixed -and i ,.'B.h.tw.,1"n' ho- BuI of le wu 813.60 wim ana top 116.00. Sheep and Lamb Receipt of lambs mounted to 8.600 head and while trading; waa fairly active packer lnlated upon , rneaper cot and pricea for . fat lamb. ' poh wooled and ihorn. ruled about 25c .vTT-r. unoo ngni wooiea lamh. none too fat, brought 310.16, with best ehorn lamba moving-'at $17.36. The aupply Included !bo,it ? Iod, of 'Upper, three loads of I .'1. mbs movln on ahearlng account t 313.80. No fat sheep of coniequenue wer Included In the receipt. Quotation on Sheep and Lamb Ijimbs. good to choice, I18.9019.!5; lamb, fair to good, I1S.3S4JU8.TS: shorn lambs. 318.76 17.60; ahearlng. $18.0019.00: ruu lambs. 314.SO17.60; yearling, $16.6017.60; wether, a IIJ.OO&IS.OO: ewe, good to choice. $14.36014.76; ewea. fair to good. 318.6014.3S; ew cull and common, $6.90 1J.0. St. loeph Live Stock, St. Josrph, Mo.. April 29. Cattle Re ceipt., 1,600 head; market lower; steer. 110.50 14.25; cowa and heifers, 14.00SI) 14.00; calve., $6.00 11.60. Hog Receipt. 11.000 head; Market 15c to I5o lower; top, $14.75; bulk, $13.00 14.69. Sheep and Lambs Receipts. 1.600 head; market strong; lambs. 313.S019.75. Financial Chicago Tribune-Omaha, Bee Leaned Wire. New York, April 29. The stck market today continued the charac teristics of Wednesday's dealings with, perhaps, a greater quantity of real liquidation accompanying the heavy output of short 'sales. Indus trial shares were under steady pres sure until the last hour when the situation was altererTTnerely by ac celerated selling which left quota tions near their lowest levels of the season. . Reading fell sharply and there was weakness elsewhere among the rails, but this department, as a whole, maintained a fairly steady front. In the industrial group declines ran from 2 to more than 3 -points, dis tributed throughout a broad trading list. Call money lent again at 8 and 10 per cent, the former rate prevail ing for most of the day's loans and I renewals. Credit Hurt y Strike. The market appeared to be reflecting more thn before the cenerallv ttvht credit situation, which, In the middle wet, Is being emphasized by complaints of merchants and other large borrowers over the disinclination nf federal reserve bank and member institutions to Increase loans. It is becoming mjre evident as t.me passes that the railroad strikea have had a decidedly adverse effect upon busi ness credit. While the railway workers are reported to be rapidly getting back lo their jobs, the Inevitable product of 10 days' restriction of the traffic flow la found in dammed up gooda at factories and In the continuation of embargoea at various points. . The steel trade by no means stands alone with an immense amount of capital frozen. in finished products which cannot yet be delivered. Reports from produc ing centers show that at the same time that working funds In many lines of Jji duatry are congealed In materials slow of liquidation, the banks are not in posi tion to relieve the situation even tem porarily throuch an exuansion of credit lines. Doubtless, the security markets. Includ ing the markta for liberty bonds, have dis closed In the last week the efforts of cor porations to raise rash by selling invest ments. It would seem as though selling compelled by business needs would slacken as soon as manufacturers and merchants are able to move their goods. . Wall Street Blue. It hardly need be (aid that Wall street has become rather blue over the credit outlooli, assisted by apprehension of a consequent slackening of general busi ness. The stock market ha reflected this feeling amply since Monday of last week and prophets of adverse developments are not packing. In quarters where cool ciiunsel prevails, however, the suggestion, that a readjustment to dearer credit for use In business does not essentially fore cast depression is atrongly put. With im provement of railroad transportation it la believed, there will be a betterment of credit and as far as trade is con cerned It is held that nothing thus far ha disclosed a pronounced contraction In the demand for most form of god. Foreign exchange banker reported spec ulation aa the leading factor In today' snarp fluctuations or sterling. From $3,38 4 the check rate swung down to $3.884 and recovered to 33.34 W. oft 10 for the day. The market' action indi cated a atirrlng of speculative endeavor by rumors of further gold imports which bear on rate have been Inclined to doubt. The Bank of England statement aa of Wednesday showed an Increase of about 30,500.000 in not circulation, which may o.- may not have denoted an accumula tion of gold from the Joint atock bank for export. The bank's gold holding in creased during the week by less than suu.uuo. New York Quotations 6 Dividends R Payable Quarterly THRIFT leads to happiness ; it is a key to -sue-, cess; means prosperous old age and it surely leads to the building and loan association. Be thrifty. There is nothing better than to open an account in the Occidental Building & Loan Association, where you will receive 6 divi s dends compounded quarterly qr payable in cash if you prefer. Occidental Building & Loan Association 1 Corner 18th and Harney Street Established 188S Assets .. $8,700,000 . Reserve Fund 345,000 Range of price of the leading stocks furnished by Logan & Bryan, Peters Trust building: RAILS High A. T. & S. F 81 Baltimore & Ohio . ...34i Canadian Pacific ....117? N. Y. ft H. R 73 Erie R. R IS lt. Northern, pfd 75H Illinois Central 83Vs .Mo., Kan. & Tt 8 Missouri Pacltlc .... 34 4 N. y.. N. H. ft II. 30 4 Northern Pacific Ry. ..78?, Chi. & N. W 80 rensylvanla R. R 404 ttenaing lo 88 R. I. & P 33 Southern Pacific Co. ..98V Scuthern Railway ....SIVi Chi.. Mil. & St. P. ....34 Union Pacific 118 Wabush 8U STEELS. Am. Car & Fdry 134 Allls-Chalmers Mfg. .. 37 Am. Loco Co 98 Utd. Alloy Steel Corp. 44 Baldwin Loco. Works 113s Beth. Steel Corp 90' Colo. Fuel & Iron Co. 3Va Crucible Steel Vo 234 Am. Steel Foundries.. 41 Lackawanna Steel Co. 80i Mldvale Steel & Ord. ..44' I'reVaed Steel Car Co. ..99 Rep. Iron & Steel Co. 96 , Ruilway Steel Spring ..92 Sloss-Shef. Stl. & Iron S7 United States Steel ...,9i COPPERS Anaconda Cop. Mln. ..tfi Am. Smelt. & Rfg. 41o. 60 Unite Sup. Min.. Co. 24i Chile Copper Co. . ...16i Chino Coper Co 3i Inspiration Cons. Co. 64 Kenecott Copper 29'i Miami Copper Co 22 Ray Cons. Cop. Co. ..18 Utah Coper Co 70 V INDUSTRIALS. Am. Beet Sugar Co. ..94'i ah., et w. i. b. a. Am. Internat. Corp. Am. Sum. Tob. Co. . Low 7S 32 117 70 12 i 73 85 8 :s4 27 73!, 78 40 83 31 V 94 20 V, 32 116 130 34 93 44 109 86 35Z 223 40 76 4:t 96 92 91 65 93 T4 6 86 22 iU 32 62 27 31 17 69 ?i -90V. 147 88 87 High. Low. 44 149 ..91) . 88 U 94 13i 23 39 48 30 9.1 73 31 146 13 293 65 20 81 ' 86 19 71 66 108 30 31 ax D o n o D o D o D o a lonoaonononononoiononoi Interest Payable My 1 Interest on the following Peters Trust First Mortgage and Bonds will be due and payable at the office of the Peters Trust Company on May 1: Amount. $13,000 $15,000 $56,000 Name. August Andreeton Henry Armknecht Wm. H. Grarer lonononoaoao a o D o D o D o 0 o . a o Valuation. $ 30,300 $ 72,000 $143,600 Rate. ' 6 6 s u O D o 0 o D o D o D o 0 0 o 0 o 0 o 0 o 0 o 0 o 0 o 0 o 0 o 0 o 0 o 0 o 0 o 0 oaononoDuaonononcionvnun&aononononc We Non ' Have Available J. B. Kimel 6 First Mortgage Land Bonds SECURITY: A aplendUy improved farm in Montgomery .'.' County, Iowa. ' ' - , ' ; Iue $45,000 . . ' . Valuation $108,550 Our examiner states this is the best' improved farm he has oxamined in his 20 years' experience. Airdale Bonds 6 First Mortgage Land Bonds SECURITY: 9,320 acre of productive Nebraska farm land. Issue $ 75,000 Valuation $187,400 This is a splendid property and each bond is additionally secured by indorsement of two Nebraska bankers. ' Tax Free in Nebraska. It will give you a very comfortable feeling to have a portion of your funds in securities of this type. Detailed Circular on Request I 1622 FARHAM STREET Am. Cotton Oil Co.. Am. Tel & Tel 95 Brooklyn Rap. Tran.... 12 Bethlehem Motors 24 American Can Co 41. (.handler Motor Car 145 141 uuttiner io...,. Yl t.uoa Cane Sugar Co.... 62i Cal. Pet. Corp 31 CorniProd. Rfg. Co 99 Nat Knam. & tSamp... 74 Flak Rubber Co 32 General Klectric Co 148 Oaston Wm. & Wig.... 13 CJeneral Motors Co 313 Goodrich Co. . . . 67 Am. Hide & Leath. Co.. 204 Haskell & Brkr. Car.... 63 U. S. Ind. Alcohol Co.... 89 International Nickel .... 20 Int. Paper Co 74 A.1ax Rubber Co ." 67V Kelly-Sprlnnfleld Tire ..114' Keystone Tire & Rub... 32 Int. Merc. Mar 33 Maxwell Motor Co 29 Mexican Petroleum 170 166 Middle States Oil 34 31 Ohio Cities Gas 40 39 Willys-Overland Co 21 18 Pierce OH Corp 16 16 Pan-Am. Pet. & Tran... 9:i 89 Pleree-Arrow Motor .... 61 56 . Royal Hutch Co 110 106 U. S. Rubber Co 101 97 Am. Sugar Rfg. Co 12K 127 Sinclair Oil & Rfg 37 38 Sears-Roebuck Co 212 209 Stromberg Carb. Co.... 80'i 76 Sludebaker Corp 110 107 Tobi Products Co 66 65 trans-Loni. oil jo Texas Co 44 IT. S. Food Pr. Corp 84 White Motor Co 67 Wilson Co.. Inc 66 Westlnghouse Airbrake. .116 Western Union 85 West. El. & Mfg 49 American Woolen Co.. . 123 118 Total sales 1,113,200. Money 10. Marks .0175. Sterling 389. 13 43 63 60 1U 48 Close 80 32 117 70 13 74 85 t 53 28 74 78 40 83 32 94 20 ,33 116 8 131 34 93 44 110 87 35 324 4(1 76 43 96 92 92 65 94't r6 56 22 16 32 52 -37 22 mi 69 90 148 88 89 Close. 44 95 23 39 142 71 48 30 95 73 ' 31 146 13 295 65 20 1,1 86 19 71 67 108 30 31 29 166 31 39 18 16 0 66 108'-, 98 12K 36 212 78 109 65 14 44 63 65 66 . 114 85 49 118 Do You Know The safest investment in theovorld U. S. Gov't Liberty and Victory Bonds are now selling at prices to net as high as 6. We recommend investment in the follow ing issues: Third 4s, selling to net approxi mately 5.75; Fourth 4V4S, selling to net approximately 5.55; Fifth 4s, 'selling to net approximately 6.08. We sell at New York quotations and buy at prevailing prices less a small discount. Phone Tyler 729 ' 16th and Farnam This Institution Is Affiliated with the FIRST NATIONAL BANK Omaha Grab Omaha, Neb., April 21. " Wheat receipt today were fairly sub' tantlai and other grains liht. Wheat prices war generally lo to 2c higher. Corn ranged unchanged to lo or tc hlKher. taken generally. Yellow and whit were up, and mixed about unchanged. Oat wer o to lc higher, generally lo to 1 o up. A new high level was reached with oma No. S whit selling at Jl.03. Ry wa unchanged to So lower. Barloy was nominally unchanged. Cash sales were: Wheat No. 1 hard: 1 car, 12.89 (dark): 1 car, 32.88 (dark); 1 cars, 82 86. No. 2 hard: 1 cars, 82.85; t car. 32.84: 4 cars. 82.83; 1 car, $2.82; 1 car. 12.82 (smutty). No. i hard: 4 cars, 2.79; 4 cars, 82.78. No. 4 hard: 1 car, 12.77; 3 cars, fi.7. No. 5 hard: 2 cars, 12.72: 4-5 car, 32.70. Sample hard: 1 car, 12.70; 1 car, $2.69: 1-3 car, 12.68: 1 car, 82.67; 1 car, $3.66 (smutty). Sample spring, 1 car, 32. (d; 1 car. 82.63: 1 car. 12.65 (northern.) No. 4 mixed: 1 car, $2.76; 1 car. $2.73 (smutty.) Corn No. 3 white: 1 car, $1.69 (dry); 2 cars, $1.68; t cars, $167. No. 4 whiti: 2 cars, $1.64. No. 6 white: 1 car, $1.59. No. 2 yellow: 1 car, $1.71 (shippers' weights): 1 car. $1.70. No. 3 yellow: 1 car, $1.69 (dry); 3 cars, $1.68; 4 cars, $1.67. No. 4 yellow: 1 4-5 cars, $1.64: 1 car, $1.63. No. 6 yellow: 1 car, $1.57. -No. yellow: 1 car, $1.67. No. 6 yellow; 1 car, $1.64 (musty). No. 3 mixed: 1 car. (ship pers' weights); S cars. $1.65; 1 car, $1.63. No. 4 mixed: 1 car, $1.62. Sample mixed: 1-3 car, $1.30. Oats No. 3 white: 3 cars. 1.03: S cars. $1.03: 1 car, $1.02. No. 4 whlto; i rara, $1.03. sample wnite: z-i car, ii.ui. Rye No 3: 1 car, 12.03. No. 4: l.car. $2.03; 1-5 car. $2.01; 2-3 car, $2.01, Sam ple: 1-5 car. $1.90. 1 OMAHA RECEIPTS AND SHIPMENTS. Receipts; Today, week Ago. rear Ago. .73 .39 ...29 ... 7 ... 5 37 42 37 . 1 1 67 52 41 20 1 Wheat . .. Corn Oat Rye . ...... Barley . Shipments: Wheat 79 Corn 82 Oats 29 Rye . 8 Barley 2 OMAHA GRAIN INSPECTION. The number of cars of grain of the sev eral grades inspected "in" here during the last 24 hours follows: Wheat No. A hard, 4 cars; No. 2 hard. 8 cars; No. 3 hard, 16 oars; No. 4 hard, 8 cars; No. 5 hard, 8 cars; sample hard, 2 cars; No. 3 mixed, 1 car; No. 4 mixed, 1 oar; No. 3 spring, 1 car; No. 4 spring. 1 car; sample spring, 1 car. Total, 4 cars. Corn No, 2 white. 2 cars: No. 3 white. 14 cars: No. 4 white, 2 ears; No. 5 white, 1 car; No. 3 yellow, 8 oars; No. 4yellow, 8 cars; No. 5 yellow, 1 car; No. 6 yellow. 1 car; No. 3 mixed, 4 cars: no. 4 mixeo, 3 cars; sample mixed, 1 car. Total, 45 cars. . Oat No. 2 white 1 car: No. S white. 24 care; No. 4 white, 7 cars; No. mUed, 1 car.-5-Total, 34 cars.'- Rye No. 3. 2 cars; No. 4, 2 cars. Total, 4 cars. Barley No. 4. 1 car: reejeted. 3 cars- Total, 4 cars. . ' Chicago Grab Kansas Wheat The weather was al most Ideal for wheat, which 1 stoollng In fine style and making a satisfactory growth, though It will be benefited by sunshine and warmth. In the south cen tral portion, especially from - Sedgwick and Reno counties, high winds did some damage the lore part of the week by blowing soil. Wheat has already begun to joint In the southeastern section, and with warm weather Jointing will be gen eral over the eastern halt in from 10 days to two weeks and in the western half by the middle of May. It was somewhat cool for oats and barley, though as a rule these crops are doing well, preparing the ground for spring planting waa pushed rapidly, with tne sou in good condition in most sections. From 50 to 75 per cent of the corn ha been planted in the south central and southeastern counties, and this work will begin in the north eastern and north central counttes as soon as the ground dries out, and In 10 days in western counties. Chicago Live Stork. Chicago, April 29. Cattle Receipts-, 11,000 head; beef steers steady to 25c lower; top heavy and yearlings $14.25; bulk J11.50W13.00: she stock- mostly steady to strong, bulk $9.5011.00; bulls, Zuc higher; best bologna bulls (9.50; calve weak to 60o lower, mostly $12.25 13.25; feeders strong. Hogs Receipts, v 25.000 head, mostly 15(125g higher; spots showing more gains, top $16.70: bulk light $15.40j 16.65: bulk 250 pounds up 313.Su!ii!14.6u: pigs mostly $13.75014.50. Kneep Receipts. 13.000 head: slow steady, to weak: choice wooled lambs $20.25: others held higher: prime shorn lambs $18.00: bulk $17.00fil8.OO; a few good choice wooled ewes. J 16.00(g) 15.50. St. Louis live tSock. East St. Louis. Mo.. April 29. Cattle Receipts, 1,700 head; market steady to 25c lower: top steers, $12.75; bulk, 811.004 12.50; yearling steers and heifers, steady: canners, cows steady at $4.50(05.50:' bulls. 1 calves, steady; good and choice vealers, I $12.50013.50. I Hogs Receipts, 7,000 head; market closed quiet; lights, about steady; mediums and heavies, 10c to 25c lower than early; top, $15.85; bulk, light and rnedium 'weights. $15.50 15.75; bulk heavies. $14.5915.50. Sheep and Lambs Receipts, 650 head; market steady: top lambs, $18.00; bulk, $17.0018.00; top ewes. $13.00. Kansas City Grain. Ka-nsa City, Mo., April 29. Corn May, $1.63; July, $1.60; September, $1.53. By CHARLES D. MICHAELS. Chicago, April 29. A reopening of the future trading in wheat that was shut off in 1917 owing to the war and the scarcity of wheat was considered by officials of the lead ing exchanges at a conference to day with members of the Terminal Elevator association and officials of the Grain Dealers' National associa tion. . All important details were taken up and considered from the broadest standpoint. Nothing definite was' done as to the time of reopening and it is not believed by most of those at the meeting that it wil be possible to reopen before the latter part of August or first of September if then. The situation was' gone over, thor oughly at a meeting of the grain exchange v representatives, Julius Barnes and the zone agents of the Grain Corporation last week and passed up to the exchange for ac tion. The later passed it back to Mr. Barnes and he turned it back to the exchange again. Before anything definite can b done by the exchanges. President Wilson will have to issue an order releasing all con trofof the wheat market similar to that Issued removing restrictions on trading in coal some time ago. There are alio many other factor which must bo con sidered that will require a long time to work out. There 1 no uesiro to rush trading In wh-eat until condition. are rfpe and that time Is regarded as siome month away. The also of the new crop' and therj disposition of the old wheat are factors that cut an important figure as the prleeJ win largely uepena upon inein. A iuw price is not to be expeoted. Corn Finishes Lower. Grain traders are at sea over the con flicting Influences in the markets. May corn acted rather tight at times but eased off toward the last after showing Congestion became more apparent In o over th previous day's close and finished He lower. May oat and the olose wa at 99 o, a net fain of So and th highest finish or the crop. Tomorrow 1 th laat day un licensed trader have to even up, and sharp price changes are expected. Deferred deliveries of corn and oat showed a heavy undertone from th (tart, and while the finish waa on a moderate rally from the low point due to evening up by the pit element, corn lost 20o and oat c. Rye dropped 3o and barloy lOSc, Mar leading. Demand for raah corn from the east wa alow with sale of f.000 bushel, while of oat they war 10.000 bushels. Cash oat old at th highest figure on the crop with No. I white aa high as 10 a over May. Liquidation In Rye. Scattered liquidation was on In rye, and with a lack of export demand other than a cargo 200,000 bushels (or Finland, which waa said to have been secured at 19o over July, track Baltimore, June shipment, price declined readily. Demand for wheat was fairly good with sales of 26,000 bushels red winter at Baltimore at $3.0$ and $2.95 was paid for grain c. I. f. Oeorgla Bay. last half May first half June" shipment. Bids of $8 track New York wer made for all July. ship. ment. Barley dull with futures easier. Cash prices unch-ingcd with sales at $1,651$ 1.77. By Updike Oraln Co., Doug. 2(27. April 3 1. Short Time Securities For Sale If you have fund for investment for 30, 60 or 90 days SEE US. Securities Sold by Ua Bear Our Guarantee ; , Bank Reference Furnished Nebraska Loan & Finance Co. Tyler 4930 1312.14 W. O. W. Bldf. Art. 1 Open. HighT) Low. Close. fYsst. Corn May July Sep. Rye May July Oata May July Sep. Pork May July I.ard May July Sep. Ribs May July l.TSH 19414 1.58 I I I.09H I 3.01V I I I .78141 .84 I .15141 185.70' 36.70 20.40 21.15 117.60 Il8. 80 1 74 1.85 1.6$ 2.10 3.02 .9914 .88V4 .75 136.70 36.70 19.72 20.45 21.32 I 1.71 14 1.6114 1.65 2.0514 1.99H .9314 .87 .74H 134.75 136.40 I 119.60 120.35 121.10 I 1.T2K 1.63 1.66 1.7SH 1.66 1.(8 3.06m t.lOt 1.99141 2.03 . 87 .99 .88 4i 74 ,7(H 17.80 Il7.40 fl 118.80 ll8.H0 l 135.05 136.85 1 19.62 20.40 2i.ir I 17.80 118.43 I 188.80 136.76 19.57 20.40 21.10 I 117.85 18.50 Sioux City Lire Stock. Sioux City, la., April 21. Hogs Re ceipts, 9,000 head; market 15025c higher; light, $14.26(3114.90; mixed, $14.00014.60; heavy, $13,2514.00; bulk, rt3.7S014.75. BUY 6 First Mortgage Bonds f and let as 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 Omaha business property, 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 these 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 trb aArt. INVESTMENT pay able semi-annually. Full descriptive literature tent upon request. A part of your business solicited. American Security Company OMAHA, NEBRASKA C. C. Shinier, Sec. C. A. Rohrbough, Pre. Brokers, Attention! Am in town for a few days only, with exceptional selection Southwest Texas Oil Land Leases. Can not devote time personally to public, but can show you rare opportunity in wholesale purchase for resale purposes. Communicate quick with N. A. WIMER 723 Fontenelle 1 1 M. F. SHAFER & CO. STOCK 10 Full Participating Was Sold for $200.00, Will Take $130.00. Want offer for cash or trade. Address Box K-30, Omaha Bee. White and Blue GRANITE WARE We are closing out our won derful assortment of White and Blue Granite Ware. Come in Friday and Saturday and take advantage of this sale. J H. H. Harper Co. 1713 Howard St, FUtiron Blfg. We Offer $500,000.00 AMERICAN BANK BUILDING 8 Participating Preferred Stock mi l I 1 nrii-i1'' Tax Free in Nebraska Exempt From Normal Income Tax Non-Assessable CaMiritv Re&l Estate is the basis of dCturuv all material weaith. 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. Famine Power The rental income Cdming uwcr of the 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 wjijiunumi; from every angie SAFETY of 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 The State Bank of Omaha Corner 16th and Harney Sts. THE LARGEST STATE BANK IN NEBRASKA Total Resources Over Five Millions A Conservative Policy We Owe Nothing for Borrowed Money t In fact we conducted our Bank through the entire war period without borrowingn dollar. We Pay Four Per Cent On Time Deposits Three Per Cent On Savings Deposits All Deposits in this Bank are protected by the Depositors' Guarantee Fund of the State of Nebraska. ! The Safest Place in Nebraska to Deposit Your . Money. t We invite your business. , Officers and Directors! Albert L. Schantz, President Dan W. Gainee, Vice President F. N. High, Cashier Oscar Keeline .... A. A. Nelson, Ass't Cashier W. C. Davis, Ass't Cashier C. L. Murphy, Ass't Cashier; Judge J. R. Hanna .V r UPDlKE SERVICE We Specialize in the Careful Handling of Orders for Grain and Provisions FOR FUTURE DELIVERY IN All Important Markets WE ARE MEMBERS OF- Chlcaco Bawd ef Trade ' St. Louis Merchant Exchange Milwaukee Chamber of Cemmerea Kansas City Board of Trad , MionaapoUa Chamber of Commarc Sioux City Board of Trade Omaha Grain Excbanf WE OPERATE OFFICES AT OMAHA, NEB. CHICAGO, ILL. MILWAUKEE. WIS. LINCOLN. NEB. SIOUX CITY, IA. GENEVA, NBB. HASTINGS, NEB. HOLDRECE, NEB. DES MOINES, IA. ATLANTIC, I A. HAMBURG, IA. All of those offices are connected with each other by private wires. We are operationg large up-to-date terminal elevators in the Omaha and Milwaukee markets and are in position to handle your shipments in the best possible manner i. e., Cleaning, Transfering, Storing, etc. It will pay you to get in touch with on of our offices when wanting to BUY or SELL any kind of grain. -WE SOLICIT YOUR t Consignments of All Kinds of Grain to OMAHA, CHICAGO, MILWAUKEE and SIOUX CITY Every Car Receives Careful Personal Attention The Updike Grain Company THE. RELIABLE CONSIGNMENT HOUSE I t