THE BEE: OMAHA, SATUKUAY, MAY 8, 1933.
17
Market, -Financial and Industrial News of the Day
Live Stock
Omih, Itajr T.
gtuep.
ttl. Hon.
I.3t H.OtO
Rclpt wr:
Official Monday.
Official Tutidly 7.171 II. OJ
Official Wtdnesdsy,. 1.14 11,110
Official Thursday.,,, 4, 14,080
K.tlmatt rrlday....; S.J00 14.700
I'lv days thl waak. 11.117 7S.16
Bam day laat waak.D.flt HI.047
Kama day 3 wk. aco.it.t21 7l.t7
fcama day 3 wk. (o.ll.l3i 31,241
Kama day yar o..2M3 (,046
4,:i
4.113
.7I7
till
4.000
27.11
34.143
43,303
13.13
!.l7
' Racalpu and dlnponltlon of llva stock
a( tha Union Stock Tarda, Omaha. Neb.,
'or 24 houra ndln( at 3 p. m , Hay 7,
1320,
RECEIPTS CARS
Cattla Hf Shp
M. Bt. P
Wabash
Mlnourl Ptlflo.i....
Vhlon Paclflo
L. N. W, eaut
C N. W ,. wt
:.. HI. P.. M. A O....
O,, B. Q , east
V, B. & Q wait
R. I. P., Mat.,
'a R. I. A P. WMI...
Initio! Central
Chi. Ot. Wet
,, a ...
14 s 'ii
.. u ...
,.34 4 ...
,. 14 17 ...
I'.'ii 34 ...
,. 11 20 ...
"i "j
.101 201 1
Morrl A Co.........
Swift A to...,
fudahy Pack. Co...
Armour 4c Co
Srhwarts Co
.1. VV. Murphy
Lincoln Pack. Co...
lohn Roth Son. . .
(HaBHberir
Wl.on Co
F. P. Lewis
J. B. Root & Co
f. H. Bulla
R. M. Rurruna Co.
Wrthlmr & Dtgcn
Kll'.a Co
A, Rothnchlld
Mo-Kan. C, & C, Co.
Baker
.lohn ffarvey
Dennla & Francis
Xllflwem Pack. Co..
Hunaaker
Oan
Cnr Buyer
DISPOSITION HEAD.
Cattle Koin Shep
It) 2,1:9
7:l 3,433 i!,UM
71 3.73 1.4J3
lit 4.047 914
4
2.176
17
2
SI
10
10
64 i
L
I
:i
:t
:ji
, h
i
at
... 1M
323 U'9
1.293 16,017 4,1i
Cattl Receipt! of caltla today wera
10. t than half of yeaterday'a official to
tal ivtlh 2.200-head received. For the five
da.va the arrtvala have reached 29.300 head
aa compared with 22,900 head a week ago
and :'6.no laat year. Steere aold on a
moderately active market at about steady
prices. Packers and shippers were all try
ing to fill small order of she stock and
I he market was generally steady, although'
prices wcra a little uneven. There was
no changa in Mockers and feeders.
'Quotation on cattle. Rood to choice
beeves. 111.004713. 60; fair to good beeves,
311. 00j12. 00; common to fair beeves, $.7.i
W1I O0; good to choice yearlings, $11.75
13.23; fair to good yearlings, I9.60ll.75;
Common to fair yunrllngs, 33.0009.60;
cll'ilce to prime heifers, $10 OOjTll.75;
Ksoi to choice heifers, 38.10 10.00; choice
to prlmo cows, 19. 76J 11.60; good to choice
cows. 13.004)9.60; fair to good cows, 34.60
07.00; choice to prime feeders. 310.00(9
It.Otf: good to choice feeders, 9.0010.00;
medium to good feeders, 33 00109.00; com
mon to fair feeders, I7.008'g.(l0; good to
choice stockers. 19.60 0 11.00; fair to good
stock era, 37.76QI9.00: common to fair
stockers. 3d.notti7.76: atock heifers, 36.00.
Kfl.OO; stock cows, 3.007.60; stock
calves, 300010.60; veal calves. .SU
11. tO: bulls, eta, etc., loft 10.50.
BEEP STEERS.
Av. Pr No. Av. Pr.
...1019 $1 1 25 21 1 133 311 96
... S 13 00 20 107 II 25
...1211 12 60 19 1238 13 0
... 960 13 5 IS 1331 12 75
STKEKS AND HKItTERS.
... 943 10 00 21
No.
47.
12.
20.,
21.
1.
23.
33.
34.
II,
!7.
670
383
824
843
10 86
11 25
12 00
13 10
741 10 60
803 11 00
666 11
13..
378 12 50
13
861
760
908
.1830
. 950
11..
16..
11..
32..
16. .
HKIFEKS.
8 75 10..
BULLS.
8 SO 1..
t 00 3 800 10 00
CALVES.
136 10 00 6
175 11 00
- Hogs Receipts of hogs held up well, to
rloy's run bung estimated at 14,700 head.
Today's trad was another uneven affair,
hut with a downward tendency, taking
off about what was put on yesterday.
Thi-r was no change In the bulk, which
was $13. 60C 14.60 and top (14.75.
HOG3..
Sh. Pr. No. Av. Sh. ' Pr.
3. . . ,
12 06
W 25
lilt
693 10 00
650 3 75
206 10 25
Mo Av.
40. .40
m. .331
71. .105
49. .311
4..36
71. J226
64. .239 ...
63. .314 110
68. .184
67. .298
313 00
260 13 26
40 13 50
. . . 13 70
80 13 86
70 14 00
14 16
14 26
14 60
14 (0
50. .388 '
113 00
51. .300 160 11 40
68.. 284
13 60
40
72. .271 ISO 13 75
67. .268 70 13 90
70. .247 70 14 10
33. .206 150 14 20
8. .218
68. .232
82. .215
160 14 36
14 55
14 73
ShceD Reoeipts of sheep and lambs
amounted to 4.000 head, this estimate In
cluded 10 loads of Callfornlas. The mar
ket ruled alow to a little easier on shorn
lamba, and California aprlngera said 23c
higher and fat sheep were considered
steady. Onod shorn lambs are selling
around 117.6017 76 with California
springers at 124.00 20.26. Soma good
heavy ewes brought 114.50 and a few
yearlings landed at 117 60.
Quotations on Sheep 'and Lamba Fat
wooled lambs, $1I.7SJ0.00 fat shorn
lamb. 117.16817.75; shearing lambs,
113. 00O19.00; cull lambs. 914.i0O17.60:
wooled yearlings, 114.5(6 17.60; wooled
wethers, 115.000 1. 00; wooled ewes, 313.00
014.60: shorn ewes, ill 25012.26; w
culls and canners. It. 00 9 11.00.
Chicago Llva Stock.
Chicago, May 7. Cattle Receipts, 10.
000 head; few (at light steers and year
lings, steady; bulk of all 'weights 23c
lower; top, yearlings, 914.40; prime heavy,
113.90; butcher sh atock uneven; bulk,
steady; spots lower; bulla weak at Thurs
day' decline; bulls, bolognas. 38.000
8.65: calvea. steady; bulk. 811. 30 12.50;
practical top, 113.00; stockers and feed
ers, steady.
Hogs Kecelpts. 80.000 head: market
opened 10c to 26o lower: light off mostly:
some strong weight late, steady with
Thursday; top, $16.36; bulk, light, $15.00
MIS. '.'6; bnlk, 360 pounds and over, $13.76
ft 14.60; plies, vnostly steady; bulk, 100 to
128-pound pigs, $13.751714.75.
Sheep and Lambs Receipts, 8,000 head;
lamba mostly 26c higher; sheep, steady;
prlmo shorn lambs. $19.10: bulk, shorn.
318.O0Qil9.0O: good Kentucky spring
lamb. $20.00; good wooled lambs to
shearers and killers. $20.00; fat aged
wethers. $12.76: good to choice wooled
ewe. 13.i0gl4.ft0.
I St. Louis Live Stork.'
East St. Louis, 111.. May 7. Cattle Re
ceipts. 3,200; closed steady to strong.
Yearling steers and heifers steady to
strong: canner cows steady at 34.76
6.60; burls and calvea study; good and
choice vealers, $12.00 1 3.60.
Hog Receipts, 13.000; closed weak;
lights 25 cents lower; mediums and
heavies. 25 to 05 cents lower: top. $15,40;
bulk light and medium weights, $14.75
15.40; bulk heavies, l.i.:e 12. .
Sheep Receipts, 00; lamhs sternly;
sheep II lower; top lambs. $18.00; bulk,
$17.00018.00; top ewes, $10.00.
Financial
Kansa City Live SU
vsnsVs ' City, Mo.. May 7.-
Mock.
KsnsVs ' City, Mo.. May 7. Cattle Re
ceipts, 6.700 head: generally steady;
calves, steady to 6c. higher; top steerH.
$12.50; sales of she stock. $4.0012.60;
packer top on vealers, $11.50; feeders,
dull.
Hogs Receipts. 1.500 head: market
steady; top. $14, : bulk lishls and me
diums. $14.00014.11; bulk heavies, $13.60
014.26.
Sheep and Lambs Receipts, 2,500 head;
Arizona spring lambs, 26c higher at
$19.25; no sheep offered: Texss goats ar
riving late to killers, $8.00.
, ' Sioux City Live Stock.
Sioux City, la., May 7. Cattle Re
ceipts, 2,000 head: "market sleady; beef
steers, cholc fad, $1 1. 00 13.50; short fed,
$9.6011.00; fed heifer. $9,504(14.00; beef
cow. $S.607.5A; fat cows and heifers.
$8.0012.00: tanners. $:l.606.00; veal
calves, $7.00ifr12.50; common calves, $5.50
rtlt.OO; feeders, $8.00010.60; stockers,
$7.0009.50; feeding cows, $5.0007.00;
stock heifers. $5.6008.50.
Hogs Receipts, 7,000 head: market
steady to 10c lower, light, $14.00&14.4O;
mired, $13.60i8'H.OO; heavy, $12.25013.50;
bulk. $13.26'14.25.
No sheep.
St. Joseph Live Stork.
St. Joseph, Mo.i .May 7. Cattle Re
ceipts, 500 head; market steady; steers.
$10.00013,75; cows and heifers, $4.60
13.50; calves, $6.00011.00.
Sheep and Lambs Rcelpts. 1.200 head ;
market steady; ewes, $18.O020.0O; lambs,
$10.04013.60.
Boston Wool,
Boston, May 7. The Commercial Bul
letin tomorrow will sa,y:
"The market here has been quiet this
week, although some further business in
fine and half-blood wools Is reported at
fairly firm rates. Little has happened
In the west, apparently buyers being dis
posed to move -autloualy.
"Tha goods market la in a very un
certain mood at the moment and can
collatlona on woolens are reported to have
been very considerable in some quarters.
The mill atrlke, which threatened tin
less advances are made In wages, ia
considered more or less serious at tho
moment, although the manufacturers ar
considering the requests with open minds.
"Mohair Is dull and unchanged."
Soured basis:
Texas Fine 12-month, $1.2001.25; fine
8-month, $1.601.7O. ,
California Northern. $1.901.95; mM
dle counties, $1.70 01-$; southern, $1.60
O1.60.
Oregon Eatern No. 1 staple, $2.00
2.10; eastern clothing. $1.7001.50; vallev
No. 1, $1.7001 16.
Territory Fine staple, $3.0502 15:
nuarter-blood combing, $1.850195; Ihree-
lahths-blood combing. $1.30; fine cloth
ing, 31. 76(871. 85 line medium cioininS).
Pulled basis:
Delaine $20.05(920. 15; AA, $1.$0
1.90; A, supers, $1.651.75.
Mohairs Best combing. 0O65c; best
carding, (O0c.
A SPECIAL SALE ON
ARMY -GOODS.
RAINCOATS! RAINCOATS!
OATS
large and choice atock
at exceptionally low
$32.50
UU U. 8.
$17.50
back Kain-
... $9.50
$6.50
calfskin
$8.98
$6.98
$6.98
DIM. Mil. a-
$4.98
n caliakin,
:r $9.75
$6.45
We have
of raincoat
prlct.
ulfic.iV molesklr waterproof Coata
worth double :h price.
Our price, on.;
Heavy Cashmere CravenettoU U. 8,
Kaynst.r Raincoat, a anap,
at
K.gulation army double-back Kain-
coat. Vary special,
at
Black, all Ruubar tf PA
, Raincoat, onlv 50U)U
btlOUS
Army Kusmt Shoes,
upper, oak sole.
ut only
Aimy lntantry Shoe.
Munaon last, oji apevtal..
Army; lieneii t-'hue, a wuu
Uerful wuix )io ,
heavy Clioculatt grained Shoes. Mti.i-
on last; a real anap, at
only ,
tilioes Officjn' Cordovan caliakin,
plain ton, Ur.BS Blioes; ver;
special
alios Home-guard, Munson
last lioes; special
8U1KT3
Just received lai. shipment of U. 8
leuovated blurts. In excellent Qr Aft
condition. Special, 3 for.... WtJ.vU
Cloving out klukl or Brown Fmuiicl
tglilrts, brand uaw,
at
Brand new O. D. Wool Serge
Sliirta; a $10 value, at only.
Khaki Cotton Shirt, brand
new. apeclal ,
Heavy blue Chamnray Shirt; (JJi OQ
suecial. at t5107
Shirt Khaki, extra value.
Special, at -
VESTS
Leather-lined Vesta, moleskin back
with leath.r alee, .a; our
Dedal price
CNDEUV KAR
Brand new wnl union suite,
per suit
Balbrlggan Union 8ulta
Extra valu ,at
Athletlo Union Suit. ry
DeciaL at
ROOFING PAPER
2-ply. aanded both aides, waterproof,
weatherproof and flre-r.slstlng, I
square (311 stj. ft.) to the 0i (Ti
ro II. Price, per roll, onljr.... VlXt O
v PALVTS
Guaranteed Houae and Barn Paint.
Outaid White.
$3.98
$5.98
$1.79
$1.39
$2.49
kin back
$9.49
$3.79
$1.69
$1.39
All color, par
gallon
Red Barn Paint. v
oar K
U. S. BOOTS AND RUBBERS
Hip Rubber Boot., brand QZ AQ
new. all ! 00tV
$3.50
$3.25
$1.95
$6.50
$6.50
Blankets,
$5.98
RAINCOATS!
B JACKETS
Uoulnap. cotton fleecedr double blan
ket. Our price ! ,tC OQ
only '.. 'OD.tO
U. 3. Army Wool Blanket.
at only
U. 8. Marin all-wool
Blankets, at
Blankets Commercial Woo!
renovated, plain or solid
colore. Special, at
SWEATERS
Khaki Sweaters, wltb or
without sleeve ,
Gray Sleeveless Sweater;
very special, at
BREECHES AND LEGU1N8
Khaki Breechea. while they
laat, only
O. D. Wrapa or 8piral Leg
gins, only
Regualtlen Army Cuff Legglns,
spwiHl, at . ..!.
SOCKS
U. S. Army gray wool Sock.
per pair
Wool Socka heavy, per
pair, at
All Wool Cashmere Red Crow
$4.68
$1.98
89c
$2.25
98c
59c
69c
A ton.
Sock, sp.clai. only rt7Vi
Cotton 8ocVa. Ail colors. A real anap.
: $i.95
$1.65
olal.
Soap Pars Cocoa Castlls
Soap, a $3.00 Jar fo:
Uatchee 1 bx.s to th.
package, per package
Brooms $1.2$ va!v; special,
only
Syrup 10-lb. an Kara Syrup.
Special, at
TO ALL OCT OF TOWN
Per doten
pair
8ock Black Cotton Sock,
specie, doten, oni
bBB WIRE
Extra Heavy 4-olnt Barb Wire, in
reel weighing approximately 60 lbs.
Special, per reel,
HARNESS AND H ALTERS
Brand new double set, solid stock
throughout, rearu.ar pries, $100.00; our
.r":. $65.oo
Ws aiao carry better gradB o. harne
up to )U0.0t per set. . '
Halters, 1-Inch heavy all leather
double riveted hi Iter, spe- CJOI
at, fl.M)i nei Uoa... tPaeA.WW
TENTS AND TARPAULINS
U. S. Army Reg-ilstion Tents, 16x16.
3-foot wall, pyramid shape, extra
heavy duck canvas. The tents cost
ths government up to $126. Our
special offer, while they QQ
U. (L Regulation Pup Tents or Shelter
Halves, very special I frr
tDI.IU
MISCELLANEOUS
Bias Denim Bib Overalls, d QQ
very speolal, at Jle70
Khaki Unlnnail. anion roads, CJO OO
ver aneclal. at iDOeaiO
Khaki Fenta, apeclal,
per pair
U. S. Army Hand Axes,
at
U. S. Army Knapsacks,
at
U. 8. Army B-iyoneta. 39C
GROCERY SPECIALS
Pea Mign-graa sugar rea. special,
per case of 24 cens. ( .
Corn Fancy Iowa Snee't Corn. cas
of 2 can, pr flQ QC-
cass. only OOeOU
Pork and Buns in tomato sauce, large
;ana, pclal, pr can. 18c; 04 CA
r-r r.. 34 cans tJMetW
ni VBRSk Mail order given epecial attention.
at
$1.98
.. 98c
$1.98
$1.50
29c
55c
85c
Send money order or draft. Shipments are made daily.
REC3ASKA ABUT ADD HAW SUPPLY CO.
1619 Howard Street. OMAHA, NEBRASKA. 1619 Howard Street
Open Saturday Evening.
NEW YORK TIMES 1
Chicago Tribune-Omaha Bee Leased Wire.
New York, May 7. Speculative
interest in stocks dwindled today to
the smallest proportions noted here
since the dull sessions late in March
and a survey of the markets for
real activity found little doing any
where except in strain. Owing to
light deliveries at primary points
hecause of railroad transportation
difficulties, both the future and spot
grain ' markets displayed much
strength.
The question is being raised in
quarters where the crop outlook is
studied whether or not there can
be much of a recession of prices
even though late planting is pushed
successfully,' but the situation is
overshadowed at the moment by
the larjre supplies held in storage.
It is likely that a closer relation
exists between the security and
erain markets than appears on the
surface. Certainly, credit is being
made tight for transactions in se
curities by the inability of potential
grain shippers to get their product
to market, and the retardation of
planting by unfavorable weather is
probably reacting upon traders in
stocks who shape their long range
operations upon prospects of abund
ant or meager yields from the farms.
Stocks I'neven.
Industrial stocks were weak In some
direction and heavy In others, the close
of business -finding quotations generally
loner by fraction of one to two points.
Short selling did not seem to play an
important part In the day' dealings, but
th demand was so light that moderate
offerings easily depressed the steel, oil,
motor and other classes of atock.
Railroad issues were tractive and failed
to disclose any definite trend of either
Investment or speculative opinion, which
was not surprising In the light of .state
ments made before the senate committee
on Interstate commerce by local bankers.
The insistence by all those who were
heard on the absolute need for govern
ment financial assistance to the carriers
during the current period of Investment
and credit etrlngency was enough to
emphasize strongly one vital phase of the
railroad problem.
Of hardly less Importance was the state
ment that, there was little hope of in
creasing to a substantial degree the sup
plies of new equipment thl summer,
which necessitated greater economic
us of car space and in handling of
terminal facilities. This was another way
of saying that the railroad strike hd
cted to complicate a transportation situa
tion previously brought into a difficult
state by a lack of car and their effective
distribution. '
Money Contlnne Easy.
Money continued easy In the local mar
ket, the call loan rate remaining at T
per cent. Some fixed-period loans wi'e
made nt 8 4 per cent, but hardly to an
extent large enough to denote a permanent
eaaement of this sort of accommodation
on securities as collateral. In vlews if
the week's further liquidation of stocks,
although on' a scale less than the w,k
hefore, tomorrow's bank statements ouijht
to he favorable In so far aa the New York
banking field Is concerned. It would not
be surprising, however, If the reserve
bank disclosed expansion of loan to in
stitution located in the Interior.
Sterling exchange eased off. but there
were no changes of Importance In any
of the European rates. Quotations on
far eastern centers, - however, declined
sharply, rontlnulng the recent trend which
ha evidently reflected the dpwnwari
progress of silver. The London Iprlce of
the metal fell 2 pence to 60 pence,
with a break of 3 '40 per ounce to $1.02 -i
at New York. The demand from Ala
for the metal hu fallen to the minimum
in recent week.
Chicago Grain
Omaha Grain
New York Quotations
Number of share and range of price
of the leading stocks furnished by Logan
& Bryan, Peter Trust building:
RAILS.
High. Low. Close. Ye'y.
A., T. & S. F 80' 80 80H 804
Baltimore & Ohio.. S3; S3M 334 33
N. Y. & H. R 71 70 704 714
Erie R. R 12 12 13
Gt. Northern pfd.. 75 744 14 7S4
Illinois Central.... 80 .... tb 87
Mo., Kan. & Tex. . 8 74 8,8
Kan. City. South. .17 164 1V4 1
Misxourl Pacific. ... 25 244 244 254
N. Y. N. H. & H.. 29T4 29 2U 29
Northern Pac. Ry.. 73 74 4 76 76
Chi. & N. W 80 79 Va 79 81
1-enn. R. R 404 40 404 40',i
Reading Co S6 84 85 83
C. R. I. A P 34 33 34 3
Southern Tac. Co.. 954 94 95 95
Southern Ry 23 21 !. 22 21
Chi., Mil. & St. P. 34 34 4 844 36
Union Pacific.
Wabash
....118 117 1184 118
... 8 8 3
STEELS.
36
134
424
78
44
100
96 4
9
Am. Car & Fdry 1314 13
Ains-c naimers wrg 37
Am. Locp. Co 95
U. Alloy SCI Corp 44
Bldwin Loco. Ws 117
Beth. Steel Corp.. 96
C. Fuel & Iron Co 35 '4
Crucible Steel Co.. 139
Am. Steel Fou'les 434
I.nck'na Steel Co. 79
Midvale S'l & Ord 44
Pressed Steel CAr. .101
Rep. Iron & Steel. 97
Ry. Steel Spring.. 95
Sloss-Shef. S, & I
United States Steel 96
COPPERS,
Anaconda Cop. M.. 67 67
Am. smit. & Rfg.. 60
Butte & Sup. Mln.. 24
Chile Copper Co.. 16
Chino Copper Co.. 33 4
Calumet & Ariz... 61 4
Insp. Cons. Cop... 63
Kannecott Copper. ,27
Miami Copper Co. 22 4
Nev. Cons. Cop... 134
Ray Cons. Cop.... 17
Utah! Copper Co... 70
INDUSTRIALS.
Am. Beet Sugar.. 95 92 4
A., O. & W. I. S. S.174 163
Am. Inter. Corp.. 91 89
Am. Sum. Tob. Co. 90 90 ,
Am. Tel. & Tel.. 94 94
Am. Z. L. & 3
Beth. Motors 24 23
Am. Can. Co 42 41
Chan.. Mot. Car.. .145 141
Cent. Leath." Co... 74 72
Cuba Cane Sug. Co. 63 31
Cal. Pet. Corp 32
CorniPro. Rfg. Co. 97 95
Na. Hn. & Stamp., 75
Flsk Rub. Co 32 .12
1324 122
35 34 37 4
94 96 95 4
43 4 434 43
114 115 116
4 44 6:,s
35
138 140
4.1 4 4
78 79
44 45
1004 100
95 97
94
94 954
57
60
24
16
32
614
53
274
224
134
17
69
60
23
164
63
27
22
13
17
69
96
70
96
68
60
244
16
3
534
274
22
134
17
70
92 93
171 169
90 1U
90 90
94 944
16
23 24
41 42
146 144
73 734
61 3
32 824
96 97
76
32 33
Gen. Elec. Co... 143 141 H24 1434
Oen. Mot. Co. ctf. 30 29 30 304
uas. . wms. i w ig
Goodrich Co ;'
Am. JL & L. Co. 20 4
Ma'll ft Brkr Car 63
V S Ind Ale. Co. 86
Int. Nickel 19
Int. Paper Co 74
Ajox Rubber Co... 70
Kelly-Sp'g'ld Tiro 112
Keyse' Tire & Rub 31
Inter. Merc. Mar 34
Jiaxweu .Motor Co.
Mexican Pet'eum
Middle States Oil
Ohio Cities Gas...,
Wlllye-Ovef d Co.
Pierce Oil Corp. . . .
Pan-Am Pet 4- Tr.
Plcrce-Arrow Mot.
62
20
86
19
72 V.
69
2J4
33
134
62
204
65
86
19
114
32
34
.... 25
177 178
33
20
63
85
194
724
70
112
294
33
40
19
17
68
41 1
19!
18
98
(9.
130
36
322
76
80
66
16
46
61
34
674
494
ISO
36
221
80
67
16
48
63
65
8
49
109 111
181 176
33 32
40 40
1 9 1 6
18 174
98 94
59 4 67
Royal Dutch. Co.. 1 1 Vk 114'i 116U 114
IT. S. Rubber Co.. 99 97 98 99
Sinclair Oil & Rfg.. 36 364
Sears-Roebuck Co.. 222
Stromberg Carb... 77 78
Studebaker Corp... 80 79
Tob Prdts. Co 68 65'
Trans Cont'tal Oil. 16 16
Texas Co. 48 47
C. S. Food Pr..... (3 63
White Motor Co... $5 64 :4.
Wilson Co., Inc.... 68 67 4
Wst'gh'se El A- Mfg. 49 48
Am. Woolen, Co 111 109
Marks, open .0195: close. .0181.
Sterling, open. $3.86: close, $3.86.
Bradstreet's Trade Review,
New York. May 7. Bradstreet's toi
row win say: 1
"A further teperlng off of trade and
Industrial activities is reportable this
week. Retail trade, especially in leading
lines of wearing apparel and collection,
seem to be least favorably situated, rank
ing only about fair, while wholesale and
jobbing trad Is also quieter, and there
1 a noticeable (lowing of the pace In
manufacturing and Industry,
"For tne quieting In retail trade, except
In the mall order line, which is reported
gcod, the growing conservatism as re
garda'hlgh price come In for chief men
tlcn. but there is also evidence that now,
when weather conditions aeom improving
and warmer temperature are apparently
at hand, a fair share or tne responsibility
for the past and present quiet Is betne.
placed on the cold, bsckward spring,
which has held down sales of spring and
summer fabric Weekly bank clearings,
$S,7IO,U5,O0a.
omoi
By CHARLES D. MICHAELS.
Chicago Tribune-Omaha Bee Leased Wire.
Chicago, May 7. All deliveries of
corn and rye, and July and Septem
ber oats advanced to new high fig
ures on the crop, but failed to hold
the extreme upturn. Continued
short covering in a market almost
bare of offerings was responsible for
the bulge. May corn showed con
gestion again and sold up to $195,
closing on a reaction of 3'ic with
a net gain of 2c. Deferred deliv
eries were up J4c, the latter on
July. Oats were unchanged to 5c
higher, rye, 2j3c and barley
VjC higher.
Strong commission houses were
fair buyers of corn early, but took
the .selling side above $1.72 for
July. There was resting orders
every Yjc up which finally filled
buyers up, .and a break of 3'tc from
the top followed. Many of the pit
element' were caught long on tha
bulge ; ' eld out on the decline.
The underline, -however, was firm.
Advise Conservation.
A noticeable f.'auire of the day was the
great conservatism advised by commission
house on the buyluir side of bulges. A
llttl Improvement was noted In the rail
road Situation, cars being in better supply
down Stat. Corn planting I progreMKlng
rapidly with favorable weath'T. Strength
In th cash market and also the persistent
demand for wheat and rye from abroad
helped to advance ' prices. No. 2 rttid No. 9
yellow sold at $:'. n:i fi. 2.05. while No. 3
white and mixed brought $2. Samule
values, 336c higher.
Oats reflected the strength in corn, but
the undertone was distinctly heavy, espe
daily In the September, which was under
pressure due to excellent weather and
crop reports. May failed to get into new
ground. Sample values, l3c higher.
Buy for Export. '
House with, seaboard connections were
active buyer of May rye. No. 2 on track,
20240 over May, with sales at $2.18
S.20 4. ,
Barley oerlnga wer fair, with prices
unchanged on choice and Iff 2c lower on
other kinds. Spot aale were at $1.60
1.84.
Export bids at the Gulf were advanced
6c to $3.25, with sales at that figure to
Poland. Several small lots were sold at
$3.0$ e. 1. f. Georgian Bay porta and char
ter wore made for 300 buirtiel at 2 4c.
an advance of c due to higher price for
coal. Cash prices In all marketa were
sharply higher with the southweat lead
ing. A car of No. 2 yellow hard here
sold at $3.
16
58
81
43
18
CHICAGO CLOSING PRICES.
By Updike Grain Co.. Douglas 2627.
Art. I Open. I High. I Low. I Close. xW.
Corn
May
July
Sept.
Rye
May
July
flats
May
July
Sept.
Pork
May
July
Lard
May
July
Sept.
Ribs
May
July
1.19
1.71
1.62 4
2.17
2.07
1.06
-9:
35.00
36.62
1
20.60
121.20
121.97
Il8. 32
118.86
1.95"
1.74
1.64
2.20
2.10
1.06
.94
.78 4
H6.00
36.95
I
120.50
121.30
122.10
18.32
18.97
1.884
1.71
1.61
2.14
2.09
1.034
.92
.77
'35.00
136.60
I
120.40
21.15
21.90
28.32
118.80
1.91
1.73
1.63
2 194
2.08
1.06
.934
.77
16.00
I36.80
i
120.40
31.30
21.97
18.32
118.92
1.89
1.71
1.62
2.15
2 05
1.05
.92
.77
00
66
120.30
121.60
2ys
118.25
Il8. 85
Xtw York Coffee.
New York, May 7. There was a further
advance In the market for coffee futures
here today, owing to the reported firmer
tone of Rio and talk of a somewhat bet
ter spot demand. The opening was 7 to
It points higher and active month sold
about 12 to 26 points above last night's
closing figure during the early trading,
with July touching 15.75c and September,
15.24c. Thla advance attracted realizing
and there wa ome hedge selling by the
trade which csused reaction of 15 or 25
points from the top, with July selling back
to 16.60c and September to 15.10c, but
the market rallied In th late trading on
renewed covering and closed at a net ad
vance of 11 to 18 points. Closing bids:
May. 15.31c: July. 15.61c; September,
15.21c: October, 15.16c; December, Jan
uary and March 16.09c.
Spot coffee firmer; Rio 7s, 15e; Santos,
4s, 23024c.
New York General.
New York, May 7. Flour Firm: sprtug
patents. $14.75Q15.75; Kansas straights,
$13.754?14.60.
Wheat Spot, strong: No. 2 red and No.
2 hard, $3.25; No. 2 mixed durum, $3.15
c. 1. f. track. New York, export.
Corn Spot, steady; No. 2 yellow. $2.18;
No. 2 mixed, $2.17 c. 1. f. New York.
Oats Spot, strong: No. 1 white, $1.48.
nominal.
Lard Firm: moddle-west, $20.8520.95.
Other articles unchanged.
Evaporated Apple, and Dried Fruits.
New York, May 7. Evaporated Apples
Dull and weak.
Prunes Firm.
Apricots and Peaches Tn demand.
Raisins Firm.
Turpentine and Rosin.
Savannah, Ga., May 7. Turpentine
Firm at $1.78 41 sales, 41 bbls.; receipts,
none; shipments, 19 bbls.; stook, 2,756
bbls.
Rosin Firm: sales, 842 bbls.; receipts,
nore; shipments, 613 bbls.; atock, 19,485
bbls.
Quote: B. $16.00; u, $17.60; K. F.,
$17.90; G. H. I., $18.05; K, $18.30: M.
$18.46; N, $18.65; WG, $18.95; WW, $19.25.
Stork Fluctuations.
The following quotations are furnished
by Logan & Bryan, members of all prin
cipal exchanges, Room 100. Peters Trust
building (formerly Bee building), seven
teenth and Farnam streets, Omaha, Neb.:
" CHICAGO STOCKS.
Armour Leather Co., com 16
Libby, McNeil & Llbby 27
National Leather 13
Reo Motor Car Co 25
Swift & Co 114
Swift International 394
Union Carbide ft Carbon Co 64
Omaha, May 7, 1920.
Grain prices continued to soar today.
Wheat took a Jump of (010c, reaching
new high levels for the period since1 the
government auum.d control. No. 2 hard
brought $3.05. Corn advanced 2 9c. Oa's
also reached new high level, with an ad
vance of 101c; No. 2 white bringing
$1.13 and No. 3 white a high a $1.12.
the highest in the history of the market.
Ry was So higher. Barley waa satrong.
Grain receipt today were light. Cash
sales were:
Wheat No. 2 hard: 1 car, $3.05. No.
3 hard: 1 car, $3.04; 2 cars, $3.03; 3 cars.
$3.01; 2 cars. $3.00 (smutty); 2-3 car,
$3.00; 1 tar, $2.9 (very smutty); 1 car,
$2.98 (vefy smutty). No. 4 hard: 1 car,
$2.96; 6 cars, $2.95; 1 car, $2.94; 1 car,
$2.93. Ne. 6 hard: 1 car, $2.93; 1 car,
$3.92; I car, $2.91; $ arcs. $2.90. No. 2
mixed: car, $2.90 (durum). No. i
northern spring: 2-6 car, $2.80.
Corn No. 2 white: 2 cars, $1.90. No.
8 white: 1 car, $1.87; 2 cars, $1.$6 (ship
per's weights); 3 cars. $1.86. No. 4 while:
2 car. $1.85. No. 6 white: 1 car, $1.80.
No. 2 yellow: 3 cars, $1.90: No. 3 yel
low: 1 car. $1.89; 4 cars. $1.88: 2 cars.
$1.88 (ahlpper'a weight); 2 3-6 cars, $1.87.
No. 4 yellow: 1 car. $1.85; 2-6 car. $1.84.
No. 3 mixed: 1 car, $1.85 (near white);
1 car. $1.84. No. & mixed: 1 car, $1.79.
Sample mixed: 1 car. $1.62 (hot); 1 car,
$1.48 (hot).
Oats No. 2 white: 1 car, $1.13. No. 2
white: 1 car, $1,12 4 (shipper weights):
3 cars, $1.12; 8 cars, $1.13 (shipper's
weights): 4 cars, $1.11. . No. 4 white:
3 cars. $LU. , "
Rye Nt. I: car. $2.06; l- er.
$2.05. No. 3: 2 cars, $2.06.
Barley Sample: 1 car, $1.50.
Week Year
Receipts Today. Ago. Ago.
Wheat 29 62 10
Corn 32 3:1 42
Oats 1
Rye . . .'.
Barley 2
Shipments
Wheat 53
Corn 41
Oat 1
Rye fc.-.H
Barley .:
Omaha Grain Inspection.
The number of cars of grain of the asv
cral trades Inspected "in" here during the
past 24 hour follows: . ...
Wheat No. 2 hard, 14; No. 8 hard, 13:
No. 4 hard, 13; No. S hard, 3; sample
hard, 3: No. 2 mixed, 1: No. 8 mixed, I;
No. 4 mixed, 1; sample mixed, 1; total,
'corn No. 2 white, 1; No. S whit. 14;
No. 4 white. 1; No. 6 white, 2; No. 3
yellow, 1: No. 4 yellow, 8; sample yel
low, 4; No. I mixed. 8; No. 4 mixed, 4;
sample mixed, 2: total, 40.
Cats No. 2 white, i; No. S whit, 14;
No. 4 whit, 2; totsl, 1.
Rye No. 2, 1; No. 3. 1; No. 4, 1; total,
I
Barley Rejected. 2; sample, 2; total, 4.
It Is the gossip among traders' st ths
Omaha Grain Exchange that Chicago July
corn will, before It Is closed out, very
likely sell aa high as May. They base
their view on the fact that there are now
practically no stocks of corn In terminal
elevators, and aa long as this situation
exists big advances would be no surprise.
Many oat traders who look upon July In
their grain as an old crop option also
think that it will go as high as the May.
The season ia late and even in normal
years very few new oats are on the market
before August'' 1. There I alo. it I
pointed out, a big demand for everything
on the Mat In the cash line.
Barnes statement on wheat: J. H.
Barnes, president of the U. 8. Grain Cor
peratlon, in an address to around J00 mem
ber of the grain, milling and other trades
here today at a meeting called to con
sider way and mean of reopening the
wheat trad, laid:
"A year ago It ws expected that with
peace Eurcopean conditions would be
stabilized. Thl hope not fully realised.
European disorganization ha been found
more complete, the wesknes of their com
mercial position more terribly strained by
war than had been generaly bell.ved and
the delay . in final peace measure mora
j di&astrou to the commercial structure
limn luuiu imve ueeil lurencn. X no Ap
proaching release of American grain busi
ness from government interference will be
defeated in it hopes of establishing a
free overseas trade. European countries
Have had fastened on them by sheer ne
cessity for further government operation
which seems more difficult to shade off
than war measures themselves. National
subsidy of bread in Europe has crept In
in an effort to protect their consumers
against Inflated costs of living which
would strain their social atructure. Pass
ing subsidized food through their na
tional treasury the Judgment of some
government board or official must dictate
the manner and price of purchase.
"It la very doubtful If Importing mer
chants of these countries have the re
sources to carry aufficlent overseas com
mitments on a scale which would feed
their people.
"Wo are obliged to conclude that under
preeent conditions the overseas movement,
etc., are practically dictated by officials
of foreign governments. Suggestion of
embargo against excessive export in the
ii-terest of our consumers raises untold
difficulty. Any form of embargo Is limi
tation of producers right to a free world
market. In speaking of the difficulties of
the grain exchanges he vald that the In
adequate rail transportation has resulted
In the producer losing a ready market and
a country price of grain has loat Its fav
orable relation with the terminal market
markets. In Its present condition the
partial suspension of transportation threat
ens the underlying security of open future
trading on exchanges. He called attention
to the great difficulty that might be en
countered in grain trading with Inade
quate transportation at a time when for
eign buying was largely In government
hand."
Northwestern car situation: Two hun
dred and sixty and farmers' Independent
elevators In Minnesota and South Dakota
containing more than 1.000,000 and 3,000 -000
bushels of grain, report having ordered
during the month of April 1,640 cars for
grain loading and only received 650. Same
elevators report almost 3.000.000 bushels
grain additional still In farmers' hands.
Of (he above 105 elevators In North Dakota
report ordering 846 cars snd only receiv
ing 216 with almost 1,000,000 bushels
in elevators and over 1,000,000 bushels in
farmers' hands,
Illinois Crop News. ' Watieka, III.
Corn planting starting in this territory to
dav will be general in a few days.
Mendnta, 111. Saw many field of oat
that are green and look fine. Every
farmer I talked to had the same reply:
Oats are all right. With warm weather
vta will have a good crop.
Argentine Grain Market Further sharp
advances occurred In corn prices in the
Argentine and the greater part of the
strength was attributable to large buying
by continental interests, said to be for
Germany. The market displayed a very
firm tenor, shorts appr.hsn.lv and cov
ering freely. Substantial amount ot corn
hav already been aold for early deliveries
and It 1 feared that sufficient corn will
not be all. to d.llv.r on th nearby
position. W.ath.r continue favorable for
the conditioning of the new crop, but the
movement ot corn to part Is still inade
quate. Omaha Hay Market.
No. upland prairie hay. $34.00026.00;
No. 2. $21.00024.00; No. 3, $16.00019.00.
No. 1 midland prairie hay, $23.00025.00;
No. 2. $21.00033 90. No. 1 lowland prairie
hay, $16.00018.00; No. 2. $11. 00 01$. OA:
No. 3, $9.00010.00. Choice wlfalfa. $.13.00
034.00; No. 1 alfalfa, $31,00033.00:
atandard alfalfa, $26.OO03O.OO;No. 2, $19.00
023.00: No. 3. $14.OO01.OQ. Oat straw.
$10.00013 00; wheat atraw, $9.60011.60.
Kama City Produce.
Kansas City. Mo May 7. Egg Cur
rent receipt, o lower; first, 39c.
Butter Creamery, lo lower; first, (lei
seconds, 69c,
Poultry le lower on hen. 32c; broiler.
Bo higher, 6tc,
New York Produce.
New York. May 7. Butter Firm:
creamery higher than extraa. 62$ 63c;
creamery extras, 624063c; firsts, 680
61c; packing atock, current make No. 2,
40c.
Eggs Irregular; storage packed extra
firsts. 484c; first, 46048c; fresh gath
ered extra flrets, 47048c; firsts, 44Q
46 4 c
Cheese Firm; unchanged.
Toultry Live, steady; express broilers,
5Oc0(l.O5: fowls, 36037c; roosters, 20c;
turkeys, 26c; dressed, Irregular; western
broilers, frozen. 40056c; old roosters,
fresh, 30c; turkeys, 63 056c.
New York Dry Goods.
New York, May 7. Inquiries for cotton
goods were slightly better today. Prices
were somewhat easier. Yarns held firm
and burlaps were steadier. Silk con
tinued unsettled and wool market -wer
weak on low grade.
1
Owned and Rcmmndd by Homo
Builder, lac, ol Omaha, Nab.
W OfUr 1
First
Mortgage
Bonds
Denomination
$250 $500 $1,000 $5,000
Tax-IM-a in Nebraska .
They are secured by newly im
proved business property, centrally
located in Omaha, which will be oc
cupied by Its owners. These bonds
bear 6 interest, psyable semi
annually and convertible on option
of purchaser, any time after one
year upon 80 days' notice filed on
any interest date.
Maturity, 1923-1927
American Security
Company
lath and Dodge Sts.,
OMAHA, NEBRASKA
G. A. Rohrbough, Pros.
C C, Shisner, Sec
DO YOU KNOW
The Toyah Oil Basin in Reeves
County, Texas, is attracting the
attention of the entire conti
nent? That oil men from every
section of the country are rush
ing to this New.Field of Wealth?
Proven Oil Field
The Bell Discovery Well is lo
cated 12 miles northwest of our
holdings. The Laura Well is just
southwest of us. Many others are
near, and new wells are going
down around us. The excitement
is intense. Right now is the time to
acquire Oil Leases in the center
of activity. This offer is limited..
Write today for prices. Address
Dept. A.
The Inter-State Co.,
207 South 18th St.,
Omaha, Nabraska
Open Evenings,
SPECIAL
Women, if you appreciate values you will not pass up our shoe
sale on Saturday. This sale consists of a delayed shipment just
received from the manufacturers, which we own at the old prices.
You will find your shoe here at a price that is actually lower
than present wholesale costs.
These shoes are the MAXINE BRAND, made by the Brown Shoe Co., makers of famous shoes.
$8.50
Ladies' tan, kid leather shoes, laced, Louis
heels, in all lasts; regular $13.50 values
Ladies' chocolate tan, kid leather shoes CIO CA
laced, Louis heelst regular $19.50 values. .'. . piJ.Jll
Ladies' calfskin shoes, laced, military heels $8-50
Our stock of popular-priced ladies' pumps,' oxfords and sandals and men's and
children's shoes is very complete and up-to-date. . .
Men's Two-Piece Suits
In the summer fabrics, lights and darks; C1CAA
worth considerably more, specially priced at plDUU
x Men' Balbriggan Shirts or Drawers
Sizes 36 to 46; regular 98c values, Saturday,
Ua7t
per garment
Men's Oshkosh Khaki Pants
Union-made, all sizes, Saturday 82.98
Ladies' Comfy Cut
Union Suits
98c
Ladies' Comfy Cut
Vests
25c
Philip's Department Store
24th and O Sts.
The Fastest Growing Store in Omaha
South Side
ahe
r
UPBDKE SERVDCE
We Specialize in the Careful Handling of Orders for
Grain and Provisions
FOR
FUTURE DELIVERY
IN
All Important Markets
.WE ARE MEMBERS OF-
Cblcaio Board el Trad St. Louis Merchant Excnartfa
Milwaukee Chamber of Commerce Kansa City Board of Trad
Minneapolis Chamber ol Commarc Sioux City Board ol Trad
Omaha Grain Enchant
-WE OPERATE OFFICES AT
CHICAGO. ILL. GENEVA. NEB.
SIOUX CITY, IA. DES MOINES. IA.
HOLDREGE, NEB. MlLWAUatt, wia.
OMAHA. NEB.
LINCOLN, NEB.
WASTINfLS NEB.
ATLANTIC, IA. HAMBURG, IA.
All ol these offices are connsctsd with each other by private wire.
We are operations 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 gat in touch with on of our offices
when wanting to BUY or SELL any kind of grain.
WE SOLICIT YOUR
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
STATE UNIVERSITY GEOLOGICAL
DEPARTMENT'S BULLETIN INTERESTING
Probably the most significant peo
loglcal document of the year relat
ing to West-Central Texas oil-bear-ing
structures In Bulletin No. 1847,
issued by the Bureau of Kconomio
Geology, Texas State University,
Austin, under direction of Dr. J. A.
Udden. The report and map have
created a greater Interest and In
tensified activity in the areas cov
eredhave served to confirm the con
clusions of geologists in private em
ploy. The bulletin was prepared from
examinations made by Dr. .7. A.
Beede and B. A. Llddle, members
of the staff of Dr. Udden. By the
authority of these eminent men,
there has been projected upon the
map of Texas the outlines of what
they have called the Marathon Fold.
In bold course this great fold is
shown to swing in a northerly direc
tion out ot the Marathon Mountains
into a majestic path that leads to
Red River in the region of what has
been called Red River Uplift.
The document is of special mo
ment in that it identifies oil produc
tion in that region pf West-Central
Texas with the Marathfln Fold, and'
indicates no,., line of the Marathon
Mountains and the 'Wichita Moun
tains in Southern Oklahoma, which
seem to be primary to -what Messrs.
Beede and Llddle have mentioned as
the Red River Uplift.
Covers Twenty-flvei Counties.
The fold throws an irregular, roof
iik structure of great extent across
some 26 counties ot that part of the
It is significant that nearly all of
them are being drilled with cable
tools and by operators that have
ample finances to carry the holes to
any practicable depth.
If the correlation theory of these
staff geologists is correct, the strike
of the outcrop extends "from the
northern Salt Fork through the
Diablo Plateau to the Glass Moun
tains, and from there northeastward
to Coke County, and to Red River.
Indeed, the section of the Wood
ward and Greer formations in West
ern Oklahoma and the Eastern Pan
handle of Texas is startllngly similar
to the Coke County sections, and
there is a strong probability that the
Whitehorse sandstone is unconform
able with the underlying shales. The
length of the outcrop of this uncon
formity woulil be aoout 700 miles,
not counting tne sinuosities."
Is More Complicated.
The Marathon fold Is geologically
more complicated than the Bend,
but it Is very similar. On the latter
there are "noses," while on the for
mer there are terraces. The Shef
field Terrace is the largest in the ex
treme southwest region, extending 15
miles Into Crockett County, and is
approximately 12 miles wide. "From
the standpoint of the oil operator It
is worthy of note that the rather
complicated conditions of this struc
ture are likely to be repeated, and
other different structures are likely
to occur beneath any slight struc
ture or area of flattened dip through
out the whole of West and North-
MARATHON F0J
state, and it is delineated as a zone
of varying width embracing the
choicest areas of probable oil-pro
ducing territory between the Bend
Arch, which springs out of the
Llano-Burnet uplift and extends
through the Eastland Stephens.
Young Counties area, and what is
known as the Llano-Estacado Syn
cllne, which has regional em place
ment upon the Staked Plains.
The immediate importance of this
structural picture is apparent to the
entire oil fraternity of the Mld-Contt
nent district, which has been dlli
gently seeking the regional align
ment or the oil-bearing formations
along the transcontfnental series be
tween the Oklahoma and Red River
production and the Tampico district
of Mexico. Its area as demarked
recalls Dana's textbook statement of
a defined high-folded zone extending
northerly from Mexico across the
United States Into Canada.
Hill Makes Report.
With respect to the part of the
fold from Coke to Foard County the
report adds confirmation to the re
sults of a regional report made last
year by Edward A. Hill, consulting
geologist of Tulsa, Okla., which was
the most nearly complete contribu
tion to the geological literature of
the territory made previous" to the
University Bulletin. ,
Selecting Fisher County as the
seat of original investigation. Hill
explored virtually the entire trend
of surface evidences of disturbance
from Foard County on the north to
Coke on the south- The Hill report
has been the subject of wide study
and discussion by independent geolo
gists and in a large measure it has
been verified and confirmed. The
present drilling of ome BO wells In
Fisher. Jones, Nolan. Scurry. Stone
wall, Haskell. King, Knox and Foard
Counties, is testimony to the animus
of confidences felt by the fraternity
in that report.
In nearly all of these counties oil
nr gas is found in upper sands. That
these formations He upon higher
relative subsurface levels than would
be possible if no folded zone were
present all geologists and the drill
ers exploiting the region agree. A
majority of the tsts in that zone
have been favorable, though none
have jet reached the deer strata.
west Texas, where the Double Moun
tain beds of the Permian are found."
"In Foard County,' says the re
port, "the carboniferous is known
to be at least 500 feet above its nor
mal undisturbed position." This
again directs attention to the Hill
report. The latter says, "It is of
moment that the known presence
of bituminous coal areas eastward
and westward of the folded zone
haxe , geographical and geological
continuity from the Des Moines
River basin in Iowa to the Eastland
County -region in Texas, occurring
here further southward than at any
other known point ,on the American
continent. The fart of the presence
of coal of that series is not only con
firmatory but conclusive that the
sedimentation of the Pennsylvania,
formations throughout the great
region mentioned were identical as
td age, water encroachment, land
and marine organisms snd shoreling
demarkation. Herein may be pointed
out the striking analogies of oil and
gas productions in Kanses, Oklahoma
and Texas, as related tn the real
distribution of Pennsylvania!! coal
measures."
"Much detailed work, both surface
and sub-surface, is needed to study
more in detail the nature of the
Marathon fold," concludes the Uni
versity Bulletin. "Especially is such
needed between the Sheffield Terrace
and the disturbance in Coke County,
and along the probable position of
the fold between Coke and Foard
Counties. There is no known reason
why commercial deposits of petro
leum should not be found along the
Marathon Fold under conditions sim
ilar to those existing along the Bend
Arch, if reservoirs are present"
Tlie late SIgler well In Wlllbarirer
County, the continued flow of 44
gravity oil from the 2,483-foot level
between the eight and ten-inch cas
ing in the Sears test on the Fisher-
Jones County line, the eood eras
pressure in the Kouri No. 1, In Has-
K-ell fnnnlv nnrt tV , . , .
wv.....,,,. ...... .no ituiiiciuun
showings of oil In many of the tests
In adjacent areass to the alignment
of the Marathon Field an mapped
by Messrs. Ueede and I.iddle, appear
to fully verify their report, thousrh
their tnanusi-f Ipt was not released
until January of this year, and all of
the above well reports have hap
pened sinfe then
i . .
)
