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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (May 13, 1920)
' V r V"'- -y- - -r c.' ."-- ... ?HJv.Mwr".-' -7- -- 't ' ' .... -V THE BEE: OMAHA. THURSDAY, MAY, 13, 19.20. ' ,13 if Market and Financial News of the Day live Stock - Receipts were: Official Monday... f. .22s Official Tuendsy 7.147 Estimate Wednesday. 4.000 Three dayi thla wcek.17.476 Jssma daya Ut week.H.JU Rama day 3 wki. ago. u. 636 8ama day 1 wks. aco.:S,05 Sam daya year ago. 14, Out Omaha. May 1. Cattle. Hofi. Sheep. 13.1U3 13,770 10,000 35,173 40.40 ao.H 43.0l 4,S7 .? 1 1 5.S00 It. 500 33.711 15.875 1.(S3 31.037 37,330 Cattla Arrlvala of cattle ahowed a con- ald.rabla filling off today, estimated at '-4,000 head ai compared with the official total yesterdsy of 7.300 head. For the three daya nma 17,400 head have been received, or 5,000 less than for the aame daya laat week and over 1,000 more than for the same correspondinr daya laat year. Following a rlose yesterday that was all the way from 3550c lower, quite a bit Improvement wai shown thla morning and "Vhe eupply moved in fairly active fashion. "'She etook held steady again thla morning ""ind is about at the aame levels as last Friday. There was practtrally no change tin slockeri and feeders. . ' BEEF STEERS. Av. . Pr. ..1320 111 00 ..1030 11 0 13 00 13 15 13 50 13 65 13 00 ft0:.:. 31.... 31 1107 f"m 1021 fi.71 10S7 4l.,.,..io9o -.41 H.'i 57 31 ! 13 67 ii S M 343 37 77 U 7S No. Av. Pr. 10 1150 $11 35 33 1 IOC 11 90 fin 1118 13 10 1 13ft 13 35 315 1341 13 0 15 14(0 13 30 It 1214 13 10 HEIFERS. 33 68 10 75 33 55H 11 15 17 315 1 1 BO 33 307 11 86 13 80 13 00 33 903 13 80 18 77 13 90 31.. .. 1.. 1.. 1.. 3. 914 . 483 .1330 .lOSft .1400 . 670 . M 3 170 .1140 .1580 . 840 . 490 . 14S 8 00 8 50 9 35 10 75. 10 00 STEERS AND . 544 10 00 11 00 11 35 11 75 11 90 13 10 13 55 II 00 COWS. 7 75 HEIFERS. 590 8 00 7 835 10 35 BULLS. 7 00 1. . 8 35 . 3.. 8 75 3. . 9 50 3.. 11 00 3.. CALVES. 75 1 70 8 00 11 00 1 130 11 50 13 00 BTOi:KERS AND FEEDERS. II 995 10 74 Quotations oh cattle: Good to choice beeves. $13.35013.35; fair to good beeves, $H.O013.35; common to fair beeves, $10. coif 11.00; good to choice yearlings, $11.75 13.36; fair to good yearlings, $9.60 UJ11-75; common to fair yearlings. IS. 00 9.00; choice to prime heifers. IH.0013.00; good to choice heifers. $9.00I1.00: com mon to fair hMfers, I7.60&J.00; choice to prime cows, $9.75 11.60; good to choice tews, $8.00iS'9.50; fair to Rood cows, $7.00 01.00; common to fair cons, 14. 507, 00; choice to prime feeders.- I0.004)11.P0; good to choice feeders, $9.0010.00; me dium to good feeders, $8.003, 00; com mon to fair feeders, 17.001.00: good to choice stockers, 19. SO 10.50; fair to good Blockers, J7.76$9.00; common to fair stockers, $6. OHM". 75; stock helfors, $8.50 .!6; stock cows. $5.103)8.00; stock fulves, $AQi9.50; veal calves. $9.00012.00; balls, stags, etc., $8.00010.60. Hogs Receipt! today were estimated at 144iloads, or Ml. 000 head. Trade was In clined to be afllttle slow and while prices wfrh unevenrhe market wss quotably sready with a tendency to weskness If anything. Bulk of sales was $13.26014.00 asrl top $14.30. HOGS. No. v. Ph. Pr. No. A v. Sh. Pr. SO. ,340 350 113 00 75.. 296 40 113 26 69. .317 13 85 47. .267 ... 13 60 60. .260 70 13 64 . 69. .241 ... 13 66 84. .226 40 13 76 82. .211 ... 13 80 83. .228 ... 13 86 54. .243 110 13 96 5..263 ... 14 00 89. .194 ... 14 10 St.. 189 ... 14 15 38. .234 70 14 26 71.. 289 80 14 30 T Sheep Receipts of - ahcep and lambs yr much heavier than dealers had ex pected. About 10,000 heHd showing up. .-This estimate included 15 loads of spring : lamba from California, the remainder of the run consisted of shorn. lambs and a few wooled lambs and fst sheep. Shorn lambs were dull and about 60c lower. Good, grades proving rather slow rale around 117.(0. Fat wooled lambs and sheep ruled generally steady, the former class of stock selling up to 119.75 with some good ewes moving at tl3.R50t4.5O. . Several loads of light California spring lamba held over from Monday went out as feeders at 113.00. Quotations on Sheep and '"Vmbs--F.it wooled lambs. 118.60019.76: ifat shorn . Ismhs. 318.76017.50; shearing lambs, $18.00018.76; cull lambs. $14.50017.50; wooled ewes, $13. 00014. 60? shorn ewes, $11.36013.00; ewe culls and canners, $6.00 11.00. Chicago LIT Stock. $ I Chicago, May 12. Cattle Receipts. I S.00 head: heavy beef steers, steady; , others strong to 15c higher; top yearlings, 313.76; top heavy, $13.66; few choice steers here: bulk, $11.60Ri13.00; she stock steady to strong with bulk at $8.00 016.76: can- tiers, largely $5.2505.75: bulls, slow to 1 lower with bolognas $7.868.40r best calves firm and lights flow to lower; bulit $11.00013.60; stockers. steady. Hogs Receipts. 20,000 head; market steady to 16 higher; medium and heavy advancing most; top, $16.26: bulk, light I and light butchers. $14. 90016.16: bulk , 250-poundera and over, 114. 00014.76: pigs, a 25c to 50c lower, with mbat desirable t $13.25013.76. Sheep and Lambs Receipts, 6.00,0 head; market' slow and 25o to 60o lower than early vesterday: prime -ajiorn lambs, $18.75; r bulk. $17.25018.75; light California spring I lembs, 70-pounders. 820.00; lew I shorn l?mbs, $13.60013.00. choice Kansas City JJvs Stock. , Kansas City. May 13. Receipts, 4,100 a hesd: beef steers, steady to strong: top ' vearllngs, $14.00; best heavies. $13.80; ' Colorado pulpers, $13.16: she stock steady to 35o higher; two loads yearling heifers. J J1S.00: calves, steady to BOo higher; bulk n ft! 115 00? other classes, steady. Kfin Recelnts. 10.000 head: market strong to 10c higher, close weak. Top, 5M.90J bulk lights and mediums. $14.35 14.76: bulk heavies, JI3.750? 14.36. Sheep and Lambs Receipts, 4,000 head: J market steady to strong: bulk, gras fed ' wethers. 111.50012.00; bulk ewes, $9,600 i 10.50; spring lambs, 25o to 60c, lower; bulk. $19.00019.50; goats,, steady; bulk, $7.7601.00. t ' ' St. Louis Live Stock. East t. Lonls, 111., May 12. CattltH- Re. -ii is. '.'.ion hotd; market steady; -top t sieve. MS.OO; bulk. $11.00012.75; year t ling siesrs end heifers, steady: canner cows steady, at $4.6008.50: bulls and , I calves steady; good and choice vealers, 1 ii" onis.AO. i Hogs Receipts. 10.000 head: market t 15c to J6c higher than early: top. $46.00; -wulk light and mediumwelghts. $14,250 . 15.00: bulk heavies. $13.60V 14.00. Sheep and Lambs Receipts. 800 head; I market J5fI60c lower; top lambs, $18.26; bulk, $11.00; top ewes, $10.60. ' ' , Slom City Live Stock. 1 Sioux City, la.. May 12. Cattl,e Re- I ceipts. J.500 head: market steady; steers. rhnlce fed. 11 1 .01) T 134.00 : short fed. 39.50 11.00: fed yearlings, $9.00013.60: beef cows. 6.60(fl7.50: fat cows and heifers ! SI.Ov01J.76: canners, $4.0006.00: veal "" calves. 87.0013.60: feeders. $8.00010.60; stockert, $7.00010.00; feeding cows, $5.00 07.00: stock heifers, 3.60f8.5n. ii Hor Receipts. 8.500 head: market 1 ateadv: llaht. 314.00014.65: mixed. $13.78 ! 014.25; heavy, $13.00014.00; bulk, tU.10 ; 014.EO. . No sheep. ft. Joseph Live Stock. St. Joseph, Mo., Mar 12. Cattle Re t retpte. 2.000 head: market ateady; steers, t $10.600 13.76; rows end heifers, $4,500 . l' s. calves. 0010 00. Hog Receipts, 7.600 heid; market steady to strong; top, $14.15; bulk, $13.90 ' 014.75. ; Sheep and Lambs r.ecelpts.l.ooo head: . market steady: clip ewes, $9.60012.00; s clip lambs, $17.00018.26. s ' Turpentine and Rosin, Savanaah. Ga.. My 1! Turpentine Firm. $1.95: sales, 82 bbls ; receipts, 274 bbls.;. shipments, 610 bbls.; stock, 2.377 bbls. ? Rosin Firm: sales. 437 casks: 'receipts, . 617 casks: shipments, 180 casks; stock, . 20.914 casks. , Quote: B. $14.45; D, $17.45; E. 117.70; F. O. H. I, 117.95; K. .$18.85; M. 118.60; N, $18.56; WO, $19.10; WW, $19.35. St. Louis Grain. St. Louts, Mo., May 12. Corn May, $3.00; July. $1.79ti. Oats May. $1.16 bid: July, 7e. f CHICAGO CLOSING PRICES. By Updike Grain Co.. TViuglas 2627. Arfes 1 Open I High, LowTTcioac, Corn May f July Sept, J Ryo a May July Oats May July Sept. Pork May July Lard May July . Sept. Rtba --May July 1.95 1.76T4 1.6114 1 1.28H 1.141? 1.9T .94 I .77 36.40 137.40 31.00 ':i'.7o 32.60 18.50 119.21 1.97 1.71141 1.65 I J.JT 2.17 H 1.67H .9414 .7814 36.40 37.40 21.10 132.08 33.83 13.50 19.43 WS i l.21i 123 1.14141 l.14 .93 .76 136.40 IS7.40 Isi.Ofl 121.70 32.50 Il8.5 , 119.30 1.97 ' 1.77H 1.S4?, 12314 2.1514 1.064 .9814 77 36.40 37.40 31.10 131.95 J33.73 118.50 ; 119.35 Financial . Chicago Grain t hlrago Tribune-Omaha Bee Leased Wire, New York, May 12. Stocks con- tinucfl today to react to credit scarcity and to evidence coming from many, quarters of retarded in dustrial activity. The downward movement was by no mean! of the precipitate order, but throughout the trading period prices were persist ently shaded lower. In contrast to preceding markets of the week, and of last week as well, railroad shares were offered down, their declines running from Rood-sized fractions to a point. But the same impelling force was not in evidence among the rails as in the industrial group. Automobile stocks, for instance, were subjected to what looked like severe bear pressure because of impressions pained in Washington that the con ference next week between members of the federal reserve board and prominent bankers from many lo calities was likely to consider espe cial measures to curtail Ihe use of credit in the manufacture and dis tribution of motor company prod ucts. . This, however, was merely a minor demonstration of trading opinion directed by the credit sit uation' and the declines of steel and other producing shares evidently had their basis, .as for a month past in evidence coming from many di rections, of a, receding trend of good prices. ' ; Offer Treasury Notes. ' Reflective of present current credit stringency was the treasury's decision to offer 1100.000,000 six months' notes bearing interest of 6!4 per cent, an Increase ol a quarter of one per cent- over the rate of the last preceding offering, made at a date less than a month past. Call money loans were renewed at 8 per cent Bnd afterward the quotation rose to 10 per cent, which showed forth a Bhortage of this form of accommodation emphasised by the fact that Wall street's borrowings are on a moderate scale In contrast with what they were In March. The money market strain Is being increased by gov ernment transaction Incident to tho pay ment of interest due Saturday on the $.t, 800,000,000 Liberty 414 per cent bonds of the second loan. New York Quotations Number of shares and range of prices of the leading stocks furnished by Logan Jfc Bryan, Teters Trust building: RAILS. Tes'y'B ' High. Low Close. Close A., T. S. F 80 79 79 80 Bait. & Ohio 33 H 33 33 3 Canadian Pac 117 . 116v4 116J4 11714 N. T; & H. R. . . . 69T4 68 88 69 V, Erie R. R 1214 1114 12 1214 Ot. Nor. pfd 7414 73 734 73 Chi. Ot. Western. 7 T'4 714 8 Kan. City South... 1814 154 16 1614 -Missouri Fac, 24 2414 244 244 N. X. N. H. & -H. 2914 3R'4 28' 29 Nor. Pac. Ry..... 74- 7314 T3Va 7414 Ohl. &. N. W.'.... 79 .... 79 79 K Pa. R. R 40 39"4 3914 40 Reading Co 86 84 '4 84"4 8514 C R. I. P 34'ft 334 33 3414 S. Pacific .Co 95 93 94 94 S. Rallwav 22 21 21 21 C, M. & St. Paul. 3414 M 14 334 33 I'nlon Pacific 117 116 11 117 Wabash 8 .... 8 8 ' STEELS. Am. C. & Fdry. ..131 13014 13014 132 A. -Chalmers Mfg.. 35 34 344 3 Am. Loco. Co. .... 934, 92 92 94 V. A. S. Corp.... 424 42 42 424 Baldwin V Wks... 93 81Vi 91 92 Beth. Steel Corp.. 9374 9114 91 92 Colo. F. & I. Co 35 Cruclhlo Steel Co.141',4 136 13IS14 139 Am. S. Fdry ..... 42 41 41 42.- I.ack. Steel Co 77 76 77 78 Mid. Stl. & Ord 43 43. 43 43 Pressed StI. Car Co 99 97 98 99 Rep. I. & S. Co.... 94 92 92 93H Railway StI. Spg. 92 83 U. S. Steel 94 93 93 91 ' COPPERS. An. Cop. Mln... 67T 65 66 87 Am. S. & R. Co., 60 68 684 60 Chile Cop. Co 16 16, 16 16 Chlno Cop. Co... 31 31 31 31 Calumet & Ariz 61 Insp. Cons. Cop... 62 614 61 4 S214 Kennecott Copper. .27 271 27 27 Miami Copper Co 22 Nev. Cons. Cop. Co 12 12 12 12 Ray Cons. Cop. Co 68 67 6714 68 INDUSTRIALS. , Am. Beet Sugar Co 95 93 93 94 A. O. & W. I. S. S..168 162 164 166 Am. Internat. Corp 89 86 86 88 Am. Sum. Tob. Co 80 .... 89 Am. Cot. Oil Co. 45 45 Am. T. & T. 94 94 94 Am. Z.. Ld. & S.. 15 15 Brook. Rap. Trans.124 13 12 Beth. Motors. ..... 22- 23 22 Am. Can Co 40 :i 4U C.hand. Motor Co.140 132 134 68 68 61 61 75 92 92 89 46 94 15 12 23 40 140 70 62 76 94 71 31 31 31' 141 12 13 27 60 19 63 83 19 70 66 107 27 60 19 19 70 65 107 29 61 19 63 84 19 73 68 110 Cent. Leath. Co.. 70 Cuba Cane Sug. Co. 53 Cal. Pack. Corp.. 76 Cora Pro. Rfg. Co. 95 Nat. En. & Stp. . . Fik Rub Co.... 31 Oeneral Electric. . .141 141 Gaston W. W... 12 General Motors ?9 Goodrich Co 61 Am. Hide eV Lthr. . 19 Haskell Brkc C. 62 61 1. S. Ind. Alcohol. 85 83 Internet. Ntckel... 19 Internat. Paper.... 71 A.lax Rubber 66 Kellv-Barlna-nd T.109 Keystone T. K.. zs" as- zs zs-. Tnt. Merc. Mar.... 31 30 80 32 ' 26 .184 178 181 180 . 3? 30 31'4 32 . '40 40 40 : 40 . 1S 17 18 18 . 17. 16 16 17 .104 100 103 101 P.-Arrow Motors. E6'4 53 63 66 Royal Dutch Co. .119 117 118 110 U. 5. Rub. Co. S7 -s 'J ss si Am. S. Rfg. Co.. .130 130 131 Sinclair O. , R, . 35 34 84 35 216 210 210 74 6 74 63 16 49 Maxwell Motor... Mexican Petrol... M. States O Ohio Cities Gas.. W.-Overland Co. P. Oil Corp P.-Affl. P. T. S. -Roebuck Co. Stsrmberg C. Co.. Studebaker Corp.. T-. Products Co. . Trans-Con. Oil... Texas Co IT S Food Pr Corp 63 t' S Sm Rfg Mln 63 White Motor Co.. 62 Wilson Co.. Inc 67 West'use Airbrake 111 Western Union West's El. & Mfg 48 Am. Woolen Co. ...111 107 108 11 Total sales, 793.700, Money 9 xer cent. Marks 0.W2c. Sterlln $3.84. 1 70 63 15 48 63 61 61 71 63 15 48 62 62 61 66 66 113 74 74 3 16 49 63 63 52 111 84 48 48 48 Southern California Edison Company Six Per Cent Gold Bonds, Due 1944 TO .YIELD 7 PER CENT Tha history of the com pany' success, its earning power, management and credit standing recommend these bonds as a highly de sirable inyestment. ' Circular on request for Dr. 304. IhsNationalQty Company Correspondent Offices in over B0 Cities Omaha First National Bank Bldf. Telephone 831S Douglas By CHARLES D. MICHAELS. Chicago Tribune-Omaha Bee Leased Wire. Chicago, May 12. All deliveries of corn sold at new high figures on the crop and closed at the best prices of the season with net gains of l,'j2c. Oats, however, were weak from the start ' and lost HV2C. May rye weakened on sell ing by cash houses and millers and lost 2c, whrle July was IJ4C high er. Barley gained lc. Commission houses were active buyers of corn from the start and there was a lack of pressure until July got above $177. At that figure and over, long grain came out free ly, while around $1.78 there was selling against offers. Considerable short covering was on "at times. An Omaha trader who was recently reported a free seller was credited with buying, while one of the leading local longs went out of his holdings 011 the bulge. ( Wet Weather Factor. . Strength In cash grain continued, small receipt nnd Itttlo cr no prospect of an Improvement were the main influences. Wst weather hao stopped corn plowing and planting. The caslnn In te general busi ness situation wag Ignored. One of the main factors In giving strength to all corns is the persistent de mand for vheRt from Kurope at con stantly advancing prices. This, with the fact that It seems Impossible for the Unletd Slates to raise a largo crop hai caused many local traders to revise '.heir vl"W on the market. Weather onatt'r ns were regard :d as ideal fur rtrowth of oats and dcaoito lu-tna- by stronjr commission houfics ar.d the stri'npth In corn, r rices were lower nt -he last, buying of corn and selling of and b:ylni nata to c'oso spreads beinrf n faclor In enuring tv rhn decline. The rnsh de mand was not vury brisk, and tho trade had a story that a Hberal amiunt of contrncts for future fhlpment to the east would be filled with Canadian grain. Canadian No. 3 white were offered freely In the Boston territory at $1.20, or 88? 9c under what Chicago dealers apked. Receipts of corn and oats were not large. Cash corn sold readily with prices 2j'4c higher. No. 2 yellow being up to $2.13. Oats were unchanged with Increased re ceipts of lightweight No. 3 white. May rye acted heavy from the start. The best bid from the. east was lOo over July c. 1. f. Georgian bay with offers at 14c over from here anil 12o over from Duluth. No. 2 on track sold at May price at $2.25 2.27. France was reported to have bought around l.oou.00.0 bushels wheat for ex port In th" last few days, and there were sales of 400,000 bushels today, partly at $3.28 at the gulf for September ahlpment. Tho British commission was In the mar ket. Bids of equal to $3.06 track Chl cagotwera made for No. 2 hard winter, sellers' option ot any 80-day period of shipment by August 15. Charters were made for 200,000 bushels at o to Geor gian bay. A part car of No. 1 red on track sold at $3 and No. 2 northern $3.35. Omaha Grab Omaha, May It. Grain receipts today were generally light, those of corn leading. Wheat prices were about unchanged. Kxport bids at the seaboard were unchanged, while those at the gulf were reported 2c up. Corn ad vanced 2o to 8c. Oats were generally c higher. Rye declined 2c. Barley was un changed. Cash sales were: Wheat No. 2 hard: 2 cars, $2.99; 1 car. $2.97 (smutty). No. 3 hard: 4 cars, $2.96: 1 car. 13.95 (smutty). No. 4 hard: 1 2-3 curs. $2.94. No. 6 hard: 1 car, $2.90. No. 2 spring: 1-3 ar, $3.00. No. 3 mined: 1 car, $2.97. No. 5 mixed: 2-J car, $2.91; 1. car, $2.86. Corn No. 2 white: 1 car, $1.93; 1 car, $1.92. No. 3 white: 2 cars, $1.90. No. 4 white: 1 car, $1.90; 1 .car, $1,89. Sample white: 1 car. $1.70 (heating.) No. 3 yel low: 1 car, $1.93 (dry): 2 cars. $1.92; 5 csrs. $1.91. Sample yellow: 1 car, $1.71 (heating.) No. 2 mixed: 1 car, $1.91 (near white). No. 3 mixed: 3 cars, $1.89; 1 car, $1.89 (shippers' weights.) Oats No. 2 white: 2 cars. $1.12. No. 3 white: 1 car. $1.12; 10 cars. $1.12; 1 car, $1.11. Sample white: 1 car. $1.11. Rye No. 4; 3-5 car. $2.92. Barley No. 4: 3-5 car. $1.60. OMAHA RECEIPTS AND SHIIWIENTS. Receipts Todav. Wk. A ga. Tr, Ago. Wheat 21 J 4 6 Corn 43 25 30 Oats 22 8 '20 Rye 2 3 Barley , 3 .. 3 Shipments Wheat 47 15 2 Corn .....36 53 29 Oats 21 17 33 Rye 1 .. 3 Barley . . . i 2 . . 8 OMAHA GRAIN INSPECTION. The number of cars of grain of the sev eral grades inspected "in" here during the past 24 hours follows: Wheat No. 1 herd, 2 cars; No. 2 hard. 28 cars; No. 3 hard, 24 cars; No. 4 hard, 6 cars; No. 5 hard, 8 cars; No. 2 mixed, 1 car; No. 3 mixed, 1 car; No. 4 mixed, 1 car; No. 2 white, 2 earn; No. 3 whltn, Corn No. 2 white, 2 cars; No, 3 white, 8 cars; No. 4 white, 2 cars; No. 6 white, 2 cars; sample white, 1 car; No. 2 yellow, 2 cars; No. 3 yellow, 6 cars; No. 4 yellow, 2 cars: No. 2 mixed, 1 car; No. 3 mixed, 15 cars; No. 4 mixed, 5 cars: No. 6 mixed. 3 cars; sample mixed, 1 car. Total, 50 cars. Oats No. 2 white, 5 cars; No. 3 white, 30 cars; No. 4 white, 7 cars. Total, 43 cars. Rye No. 3, 4 cars. Total, 4 cars, Barley No. 4, S cars; No. 1 feed, 1 car; rejected, 2 cars. Total, 5 cars. North Dakota wheat acreage this year will be between 20 nnd 30 per cent less than that of 1919, according to estimates here today based on unofficial reports from various sections of the stoto An abnormally lato season Is aoslgned as the cause for tho cut in the acreage, although shortage of and high price of farm help and scarcity of seed are given as con tributing causes wheat seeding In the Red river valley Is virtually completed, but reports from the western part of the state are that only about one-third of the wr.eat tnere has been seeded, while in the northwestern part the farmers have Just tarcly entered the fields. Weekly weather and crop report says: Woek most favorable no far and ernwth of vegetation although the nights were too cooi in tne eastern states and moisture A SAFE INVESTMENT FOR YOUR SURPLUS SAVINGS ' Let Us Fully Explain Our Offer of 6 J t :. FIRST MORTGAGE SERIAL BONDS TAX FREE IN NEBRASKA ' .'.'c cured by New, Active Business Property, in Omaha These bonds are issued in denominations of $250, $500, $1,000, $2,000 and $5,000. They mature in four to eight years, but may be converted at the end of one year upon 30 days' notice. This is an inter esting feature of HOME BUILDERS' Bonds. , Call at our office, write, or phone for full in formation. . American Security Company Dodge, at 18th OMAHA, NEBRASKA C. 0. Shimer, Sec. 0. A. Rohrbough, Pres. 0 r UPDIKE SERVICE We Specialize in the Careful Handling of Orders for Grain and Provisions FOR FUTURE DELIVERY IN All Important Markets WE ARE MEMBERS OF Chicago Board of Trad St. Louis Merchants Exchanga Milwaukee Chamber of Commerce Kansas City Board of Trade Minneapolis Cbambar of Commerce Sioux City Board of Trada Omaha Grain Exchanga WE OPERATE OFFICES AT OMAHA, NEB. CHICAGO, ILL. GENEVA, NEB. LINCOLN, NEB. SIOUX CITY, IA. DES MOINES, I A. HASTINGS, NEB. HOLDREGE, NEB. y MILWAUKEE, WIS. ATLANTIC, I A. , HAMBURG, IA. All of these offices ara 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 gat in touch with one of our offices " when wanting to BUY or SELL any kind of grain. 4 WE SOLICIT YOUR ' Consignments of All Kinds of Grain to OMAHA, CHICAGO, MILWAUKEE and SIOUX CITY Every Car Receive Careful Peraonal Attention The Updike Grain Company THE RELIABLE CONSIGNMENT HOUSE in needed In portions of the eouthweat and California. Kainfalt in Texas and the lower great plains proved very hen(ldl. Winter wheat niada mostly aood to very oot nrosrua althourh (rotvth was rather slow In the Ohio valley where renditions rontlnued mostly fair. Weather waa much more favorable In the spring- wh.'at belt; good to excellent progress was made tn planting in central and northern portions, (iermlnatlon and elands of early planted spring whi-at mostly very good. Week generally favorable for work tn corn fields and more seasonable temperatures favored germatiatton and growth except that the weaiher was too cool In the eastern states. Plantlnt of corn Is brgliinlns northward lo rennsylvsnla and southern Minnesota and Smith fnkotn. Oata and barley se'd Ins inajo good progress in northern tits, trie's ahd these crops are In eapeclally gusd condition In the centra! plains. There was a general Improvement In pastures and meadows and conditions wero much mors favorable for stock ranges In the went. Fergus Falls. Minn., wires: The May report of the bureau of crop estimates la sued through the Minnesota, field agent In dicates that while the season la back ward In Minnesota the difference between th amount of furiu work finished Hi May 1 very little leaa than for the sani perlo-l on an average. i'rench crop outlook good, Runsells says: According to reports from Farls tho Kiench crop outlook this year la so good that agricultural sxports believe lh wheat harvest will come ulose to meeting the t. on's full requirements' for the following year. Tha better outturn Is due to the In creased use of motor driven farm equip ment. The burnper crop is expected to save France 6. 000,000, 000 franca The wheat acreage is placed at 11,360.000 ncres and the department of agriculture estimates that this should produce i't;o,- pnO.OM bushels, leaving only about 5t, ' ut'O.OOO bushels lo be imported. Minneapolis t.rnln. Mlnni-ftpolls. Mny IS. KlnuriOe l.iwe; In csrlnad lots, standard flour quoted vt 15 70 id harrel In 911-pound cotton saeiis. I'.rnn JSS.IIO. Wheal t'ah: No. 1 nsrthern, tl.lStr l.io. Com t.S4M.7. oats l.(i7v i l."H. i Parley H.47j1.7. Flax No. 1. M.7M.T. Rye No. 3. IIUGH BC1U. Oliddm Excitement Intense Over Mew Pecos foyah Field , Since the discovery of the Bell well on March 8, 1920, near Pecos, Reeves County, Texas, the excite ment has run high. Like a flash the news was heralded to the four corners of the earth. From far and near oil men came rushing to the scene of activity to the new oil field, pronounced by leading oil men and Geologists of the United States Geological Survey and Geologists of the University of Texas, as one of the greatest oil structures in the State of Texas. Extracts From Reports of Geologists on Toy ah Field Lew H. Davis, Geologist, and Mining Editor of El Paso Times: The Pecoa-Toyah Valley is destined, in the near future, to de velop wells of large production of oil and gas of 'superior grade and is one of the largest in area in' the state of Texas. My examina tion of the structure and anticlines occupied a weed's time, including territory twenty miles west, ten miles east, twenty-five miles north, and twenty miles south. Dr. Tucker Styled the "X-ray Geologist" Because of His Unusual Success: I unhesitatingly declare that Texas is destined to become the greatest producer of oil in the country. It has a greater number of oil structures than any other country in the world. Beginning on the eastern side, it is a continuous succession of folds. These folds extend from Ranger to the Rio Grande. The greatest structure of all is in the Reeves, Loving and Ward counties, in the Valley of the Pecos Own a Lease in This Proven Field One of the safest, surest ways of making big money in the oil game is to purchase Oil Leases as sooa as possible after the discovery well is brought in. Following this policy has brought fortunes to thousands. . Our holdings in the Pecos-Toyah Oil Basin were acquired before 4he field became a proven territory. We are now in ; the midst, of activity. The Bell well is just 12 miles northeast of one of our tracts. Another tract, in the southwestern part of the-' Tovah Valley, is surrounded by producing wells. The entire field is rapidly becoming dotted with derricks and drilling sites- no better evidence of the sensation of fortunes to be made can be cited than the fact that thousands, yes millions, of dollars will, be spent during the next few months drilling the field for the liquid gold. v " '' ( Again I Repeat Own an Oil Lease! Price Today $100 for a 2l2 Acre Tract Write or Wire for One or More TrdUi i i 41 HI -VlTfji AT . mi. ( Prominent Ft. writes as follows: Worth Oil Broker The Following Reproduced News Articles Tell the Story. Many Million aires Come To Texas Rich men and poor men alike have been attracted here by these fields. The millionaire has come to make more millions to add still more to his great fortune. The poor men the man whom ill luck has followed and haunted, hut with spirit still unbroken has come here to try once more to make "his stake." . L. R. Eccles, President of the Amal gamated Sugar Company and re puted multi-millionaire, was here a few weeks ago, looked over our fields and invested heavily. Harry F. Sinclair, President of the Sinclair Oil Company, and said to have made $25,000,000 in oil dur-" ing the past few years, has re cently invested millions here. Pat J. White of New York, Preei dent of the recently organized White Oil Company, oil multi millionaire, and formerly a part ner of Harry Sinclair, while here a short time ago, declared that the Texas oil fieldB were des tined to soon be the greatest and most prolific in the world. Joseph M. Cudahy, Chicago meat packer and multi-millionaire, who has been making big money in oil for the past several years, has been attracted here by the mag net of our oil fields. I? Cdttbn-Kihgt DrilratPfii 5 ?Tasicn:a Oaulet -t:";SuHv. "ao-enV ntw J j'n,' eoUon," a&r. ..-jaeaL'anf-t. m Itieavnj: intct-sted tn thecii bii 5ar!oacIs ot standard wk mk ,y. ery . in , ihe, railroad, yard 1 X ana two moraa tea enmnttv ' $XxtMyMr Sully and assc -tes. ta.lt 0vu the oft right -. the ? tv X. case yf .ranch. , 1 25 A !. ...,'. .. .- I -vis rounues: nd the .11 Seay-j anch;-: 2S.00O-acres . ntl .'. iDVoeierrn, 75Td th&iri; nro?' kbasiSi kneri vestmenty t3ielhat.Iittv,pel totft. U W ot fkX, . lH.1t f'-miB ' :Y:vi t' ?."nRO.T roc BiggerstaK puixd-. tseela oil di?Ail!?.M alien, of 300. . -- Within was- ui" gr,ntaUUea.nad netted the 6wrt,, it .jp Ritstict monntaie-i Jtr Ci.ih.r. Banger S . ' - . . - All til I 'irTi v.. Vw: i6.ni:r t fio prednc; ,ftiiiS6m(, Saht' 'fi'il.'rtfT!! 1 13 til i t rf fl fin .1 xnlrrtl .(111 ti?i!.i ri'n I ine iTOm ies -- -i---i 1 also' i ar.live. in. adjacent counties, -r H " ..1.1 nn K4I1 ar.res in thia tieu j."'" ' , ...j wafc uv u"4 - . William G. McAdoo,' formerly Sec- reiary Ol me iTeaeury auu rrvsi dential candidate, was here re cently and invested heavily in the Burkburnett oil fields. He stated that his two- sons would soon lo cate here. Captain Leonard Wood, son of Ma jor General Leonard Wood, prom inent candidate for president, has located here and entered the oil business "on a large scale. Thoma Tumulty, President Wil son's private secretary, is report ed to have become considerably interested in our Texas fields. Franklin K. Lane has resigned as Secretary of the Interior Depart ment at Washington, to enter the oil business with the Doheny in terests. These are only a few men of note, of international reputation and of wealth, who have been at tracted by the flow of liquid gold spouting forth from our famous gushers. 5 never-rains but It -tPor "4otifr timo it. baa Jfferivj that a shallow , oil sand. Kivto worth frOnv J2J.00 (a fJO.tO a ThcMra H. BelV?carne7oore proved' an oil sand at 650 fe The laen teat faura. we Suuahine Oil 'Corporation. 1 Jffrna of Zsaxaxauai. Tthei.J Jj ex- 4nii.V- " . . I . . T " l- Ann pom Dtonfca UrfA i liaivbooi toiHDaBTnit tvnnrht Ment tection it b block CS.Toyah fftcB-lira61 That 'Pecoa .Valley.- i . a. ho f gauaa. nper- Vareheld at 1000;.aii acro.A.11 of 1 ,f C..J iTteevea Count? haa a lease ;value it mufAnOthet Ult iajld. e-. I - " m - is Keportea b onna aPecosVa "There are about forty derrir.k r. Tjiml ;trrrti. some, ot them IW and shallow tests, at various the Dallas party; went to Toyah i .Jt exie4 lt 4bou fcct Aspect the producing rtallow welU thK Pecof) vallcy-v t ... . f v... u I- . - .. i - . . J ''AS aresnn ni " -h 4Toyah have either let contract or way for many new. substantial buil;J r'r outfuarLinonev dcihr p MADEITHEIROVIN.OILlwat aw rvr small Boya Reaped 'Rli Reward for .the Exercjie of ; a Lrttfe Ingenuity. Tr barefoot J boys.-.1 respectively ..11 aim iwcive years or age. earned iorty-ove hundred dollars In one weeS. ccordini; to the OH Weekly of Dallas, .exas, oy rombrniog fhrlftandibijenu. ity In a telling manner. -1 Much ojL wai going ' to - waste i In K the ; NrtHhwi Kurtbornelt oil field 'bccaiisa hn hr lines were Inadequate, when the hov? who are brothers. paw crude oiltrom a oroifenptne.-rnnnine dowtt', n-srKall ravine. t. Hi ichlnu a donkey V tattle-J rtap snrtn; wa--on,- they began to ban dirt to dro the ravine, and -mrnwlpl after mnchjmrd work In coHectilig V great quantifj of otl.' The owner appeared w the'scene atout that time. ind he admired the ptucn or the youngsters. 'Ho aid-not ciaun me oil ontrichL althnnrh u hV been Ms, but offered, the vouni'ster! ae aouar ana a. half a barrel rnlvagr tur ii. me yniiegsters accepted Jil! oner ana, perenmg ttemselves on thei new nam with stubs bt peno' etLotit tnejiu -as ki..'cw. rmxJ Mw. asrr- - a if raiiiijjm7' e nor.tii4.e? ,1nnoa clrtJj lGE.T-.c.LVfc; !t v-lmT" rr , FflRiMANll rfteni h. mitlcbere Ha i contrartto tfrilt tea wellstoa OBV W " J - ... 'P.-IK.'.' t-jH I .eT..Thfsc welIse.BTwr-f-w.wii . ',"r." tn. r -mail tracb j wf-Uf?l being' offered "to thosevrt? arJll welts n .theicje they may bi'y.l $120,000 PAID mwm rty ,siior-. i.i. i ! ! .'hrrtirii-- Hamoi Arjteore, oil mair 00 tat alas on fifty acre UeMS Wett of theEmplfe lsecHon SWaiSarijralcli haa.b .,u' jmmiaw at mj. rale. Oh i .IIkiii?.- 1 m itimtnik-. r "gTih .r,-, j --unt- " cotf K-; Texad ii ""ia Dni ' a urn - ' ' lllltl ' Grade LuhH,," WiWell in the Bltik r.cos. Tex. -Apr. fTlthoJWh Vi. " th Tovih Pr Its to re couii'-" wlitch ia vilVi. TleUl OConr, ::,t-s'crtj. Js tha fifth wci. L tliL.anA''22- one Tills 1" n that n.Munhir t a i.rrra nurr--v,i '"'low ri.j B . . ""er. :.c.,uw..r"'e:. . oral- ooav i... - ,urT sin. .-.a.- . ""i n .1 irh M "wnia ts . ' " el " h.w r "-voathn, .T ran i L ooerat 1. " t Traja? InanJ 1 . . ' ,f t -7 ft "mam nu . - w:fA fw Hitw rAA Beirut r:i I , ni: : i .. r ia ...oibiosa. nine wui a ice uwixici. v 1 1 ucagc -ucoiivitsiiairc lis Very inicrCSIl THE INTER-STATE iJOH W noiluiliiov !or :H Developing Not Promoting to)ir,noD cot Ground Floor 207 South 18th St., Dept. A Omaha U l (While the wrrarv7 of h infonnti-n contained herein Is not ranrtwitrtMl, we have obtained ft from sources whlrh we believe to b
