J
.!...! :f 1,;-., V I
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1
THE. OMAHA SUNDAY BEE: MAY- 16, 1920.
11 C
AERIAL TRAINS
p . SUGGESTED FOR
FUTURETRAVEL
French Engineer Says Air
planes Will Not Be Practic
able Would Run Trans
portation on Cabta
Paris, May IS. Aerial navigation,
not by, means of airplanes or'
dirigibles, but by cars suspended
from cables and capable of traveling
t A high rate of speed, will- some
day solve the world's transportation
problem, according to Henri Ccan
da. a noted French engineer. '
Coanda, who is well versed in
aviation, 'does not believe that air
plane travel can ever be made safe
. rnough to appeal to the general pub
lic. Travel by dirigibles will always
present some elements of danger, he
adds, and will be too costly to be
come popular. In consequence, lie
suggests the establishment of great
cable lines, connecting the principal
cities of the world, from which trains
pf cars the size of ordinary railway.
coaches, but much lighter will be
swung,, with capacity for several
hundred passengers each. .
Cars to Propel Selves.
,Coaiida suggests thai these cars
be equipped with wings similar in
. form to those of airplanes, and
'that they be equipped with motors
which will drive them through the
air at more than 100 miles an houf,
instead of having them drawn" by
jnoving cablet as on some of the
fAlpine aerial roads. The cables
would remain stationary and insure
the safety of the assengers in case
the motors stalled.
His scheme contemplates an
elaborate sys-'i of sidings and
block signals aim '.'it to those in use
on American railw; i for his cable
highways. The cables themselves
would be suspended from tallmetal
towers.
- Wants Tests Made.
Coanda proposes that his plan be
given a trial over a distance of fifty
or sixty miles, and he has written
the prefect of the Department of the
Alpes-Maritimes, soliciting his aid.
If the experiment should prove suc-
' cessful he would ask the French
government to erct an aerial cable
line from Earis to Nice to transport
visitors to the Riviera'.
The Riviera officials, though
doubting the" feasibility of ' the
scheme in other portions of France,
- helieve that it may be successful-in
linking up Nice and Monte Carlo
with some of the nearby mountain
-resorts. They are now studying the
plans drawn by Coanda to deter
mine the cost of a trial
FLYER WILL TRY
TO MAKE FLIGHT
ACROSS PACIFIC
t . , Western Coast Aviator Making
Plans for Longest Trans-
Oceanic Flight. '
By International New Service.
San Francis'co, May 15. Fired by
' .in arribition to be the first man to
fly across the Pacific ocean, Lieu
tenant Qharles Edward K. Smith,
world war hero, is making prepara
tions here to attempt the flight.
Lieutenant Smith's home is in Oak
land. x
Entered inthe England-to-Aus-tralia
race, Lieutenant Smith was
forced ont of that event because of
inability to obtain engine parts for
the machine he intended flying.
Hearing of the offer of Thomas
Ince of a $50,000 prize iov the first
flight across the Pacific. Smith im
mediately left England for his Oak-
1 1 r 4 lir.Tr. With th hacking of the
London Aero club, together with
request of a number of well known
...'otrtrc inrlnHincr Caotain Donald
son and Sir Arthur Brown, who
flew across the Atlantic, for an ex
t.nelnn r( time which would allow
them to get their ships to this coast,
.... . nni
Smith called on ince. ine motion
.,:-t,r mltrmi wniilrl not Grant a
time extension, despite the fact that
the Aero club ot America, me pa
cific Aero club, the organization
wiucn wouia uc inc uiuuisy""
. innr VtOfltf find fttllfr. UTSti it.
C.,.ro1 nthrr interests have since
a imKinatinti nffVr as a nrizG
' for the flight. With their assurances
Smith is ' laying nis plans ior xne
"i n inn of nf the orpan. .
Althnuffh nothina: definite has
hetl rlerirlerl. the local aviator prob
kl.. .ill nt a h vH rnnlan e. similar
to the NC-4, which made the trans
V Atlantic flight. Smith has hopes of
i. . joining Mr Artnur crown, naviga-
ir,r (nr Tinlaln AlrnrW. who made
' the first non-stop flight across the
Atlantic in a Vickers.
In the world war the, local young
; .man has a unique record, having
risrfn from the ranks to the pinnacle
- ot Success in the Royal Flying corps.
At the conclusion of two hard years
of infantry service htf went into the
air forces and then to France.
Fighting "in the Ypres sector, he
attacked two boche planes, brought
one down and in turn was attacked
by six. Outnumbered, he fought on,
only to be shot down, with 181 bullets-in
his ship and a number in his
limbs. He was awarded the
equivalent of the American D. S. C
and was then made an instructor.
Market, Financial and Industrial News of the Day
Live Stock
Omaha Grain
..mo
..1174
. .2925
..J832
. . J2
. ,l0
.1,(41
Omaha, May It.
Ttacelpta were Cattle. Hoc. Sheap.
Official Monday t,l! 13,103 6.711
Official Tuiday 7.J47 11,770 MM
Official Viadnwii)... 4. it 10,615 li.iit
Official Thursday .. 4,3f3 S.SKi 4,B
Official Friday... 1.131 11,461 1,127
Eslimata Saturday.. 5 7,10 l.OOO
Six day thli Nk..ll,ilt S.34 S4.H0
Ram days last wk..l.40 M.714 3S.J41
Rama day 1 win. ajo.JJ.663 74.04 64,41
Mama day S rka, aa.l7.17( 7l,ltti 42,!I5
Sam day year aco.ll.tI4 11,101 41.IU
Receipt and dlapoiltlon of Ilv tock at
tl Union Stock Tarda, Omaha, Nb., for
24 hour tndlnc at i -o'clock p. m.. May
is, i:o. T
RECEIPTS CARS.
Ctl. Hit. Shp. H&M 1
Union Paclflo . t in
-. N. w., eaat a 4 l
C. s n. W.. wuat 40 ' 1
C, St. P., M. O. .... 11
C, B. A Q , at I .,
C, B. aVJ., wt ... .. IT, . ..
C. R. I. A P., a'(t . . , 1 . .
C, R. 1. P.. wgt ..'.7 ..
Illinois Central 1 7
Chicago Ot. W. I ..
Total Receipts 21 lit t
DISPOSITION MEAD.
Morrla aV C. . . . .
Swift a c.. ...vf..... .v.
Cudahy Packing-.'fJo ..
Armour & Co
Swart A Co.
J. W. Murphy
Total .. '
wtual light Saturday's offering with an es
timate of 660 head. The total for the six
daya is 26.690 head, or 4.000 let than
list week, but M00 In excess of arrivals
a year ago. The steer trade has been a
e-saw affair from day to day with
Wednesday the most. active, sine then,
however, declines ofTuHy a half dollar
have been mad on heavy steer and 110
40o on Vood yearlings: 113.35 was the
highest price for the week, psld on Mon-
H U Tl..AhAH ....I. . 1. . I .
JJ " awn, vu um wmer nana.
has sold on a steadx market until vpster-'i
day when sales war all the way from
steady to a quarter lower. . Vtalert are
stnady for the weok. while boloana bulls
show advances of about half dollar,
Blockers and fyders were generally
steady early In theVeek. but with traders'
pens fairly-cleared, advance of J560o
on aters have been mad the last two or
three days, while stock eow and heifers
made a similar advance early la th
week, which hasvbeen retained. V
Quotations on Vattle: Good to cholc
heaves. 112.25 IS. 25; fair to good beeves,
"0fJ2-25i common to fair beers.
!J? J2H-2?: J00' to' obolc yrlinga,
li! F131: ,a,r t0 Rood yearllnvs, 60
r. "5J fomm to fair yearlings. It.OOc)
t.00; choice to prime heifers, til, 00012.00:
good to choice heifers, 19.0011.00: com
mon to fair heifers, 17.6001.00; choice to
M0J,!i7,?il"5 d
w;,,' 09M Ws ,r to eow. I7.M-
8.00; common to fair cows. I4.57.00:
choicey to prime feeders, 110.00 011.00-
Soodo cholc feeders, tt.OO01O.tO; ma
lum to good feeder. !i.OO0t.OO: com
mon to fair feeders, $7.00 01.00; good to
cholc tockers, tt.EO01O.fO; fair to good
'oeer. 17.T50t.OO; common to fair
f". I 00O7.75; stock heifers, M.SO0
il'.k cow"- 6.8.25; stock ceWei,
It. 00t.60; veal calves. $9.0001100:
bulls. as. etc., 16.0010.EO. ,
Co.OOO head andjhile about the same as
a year ago was Avar 41,000 less than last
week. Th quality has been fairly good
'h? fcer'ipU h,vl been eonflned mort to
the butcher welirht classes. Prices eased
"om" fonaay and Tuesday, light-
. . . . MWfc a33B i inucn or any
ifhi5,tin ,"er,Ll rn lnce Tuesday,
..f r oeen variation, th
market showlnr hnth ..
spots practically each day. Saturday's
th1'!,..W;Vl0" t0 Btad'r wl,! " lvils
hV,!i 5?. ?Sn rchd Tuesday. With a
iii ti ' ' n.iffiiu, and top of
than a week aio lower
HOGS.
Sh. Pr.
70'IS 10
11 40
IS 60
IS 70
13 15
14 00
14 15
40
110
70
40
loads n, of
Nil. Av. Sh. Pr K'n A,.
12. .131 . . 15 c Am ,'
S0..,28t 40 11 It - i;;S25
70..143 ... 13 10 St. .137
61. .280 ... 11 IE tl m
14. .ItS 180 1.1 76 Sfi'Sfll
10. .108 40 13 00 11. .171
7..11 -40 14 10 71. .220
74.. 201 ... 14 25
RhMn mnA f.imlu
f " .i iiitiuuru ill . 1 11 c
day's receipts and a two-car shipment ar-
......b vw uiisu, wuiiiitf aim me remainner
of the offerings being looked up for Mon-
iiiuva rt;niainea, nominal.
The run this week were featured by sev
eral good sited shipments of Callfomi.1
spring Iambs and trend to values in all
branohea of th trade- ha been a little
lower. California Springers -that closed
at llt.00. reflected a decline of about
11. 0t for the week and fat wooled lambs
show practically the same low. te Good
f horn lambs, around 117.00 are fcbout 50c
'r in ween ana a lew fat sheep
coming have .been none too active at
about the same decline. Choice wooled
nwes are quotable up to $14.00 with good
shorn grades selling around til nni
11. M. A few shearing lambs went out yes
terday, at $11.25, but th country demand
for both feeders and searars Is seasonably
dull. i
Oliot Atinn fin itiun. vfr ..Ala .
f-5Pn: fat shorn lambs, tl,t0
lambs. tl4.OO01t.6O: wooled v.nrllr,.,
115.60017.00. wnAlaiS warfhA. A 1A
15.60; wooled ewe. 111.OO0h!oO; shorn
ewes, tlfl 6AAI11 Ka. .. m . a
r.frs, 16. 00011 00. ,'
Turpentine and Bosin,
Savannah,' Ga., May 15. Turpentine
Quiet; 41. S3: no sales; receipts, 246 bbls.;
shipments, 682 bbls.; stock, 2,31$ bbls.
Rosin Firm; sales, 251 casks; receipts,
77t casks', shipments, 2,705 casks; stock,
11.961 cask.
Quote: B. 14.35c; D. 17.15c: E. 17.45c; F.
ft. H, 17.65e: I, 17,6c; K, lT.tOe: M,
17.75c; N. 18.25c; WG. 11.45c; WW, ll.t6c.
w York Dry Goods.
Xew York. May IS. Cotton goods wer
very quiet and gray goods steady In to
day's trading. Tarn showed little change.
Knit goods were v-ry quiet and burlap's
easy, following reports of large shipments.
Omaha, Mayt15. .
Grain arrivals today totaled 87 rars.
against ltt cart ' hut 'Saturday and 83
oar a year ago. Arrival toy - car lots
were: What. 33; om,.2tf oats. It; rye.
3. and. barley. 4. 'Wheat showed an ad
vance of lo to la No. 1 hard brought
$3.10, a new high tvel for this variety
t'.ac th government took control. Th
demand was rather slow. Esport blda
wer 2o tilghery Corn was up 3c to 4c.
yellow going Ufe extreme advance. No.
2 white, No. 1 and No. 3 yellow sold at
ti.Ot. Tellow generally continued to sell
at a premium over th white, and white
over the mixed. Oats wer unchanged to
He lower. Rye and barley were strong.
Cash sales were
'WHEAT.
Ko. 1 hard: 1 car. $3.10. ,
No. 2 hard: 5 car, $3.08; 4 cars.' $1.07;
1 cars. !.) r 1 car, $1.06 (smutty-).
- JVo. 3 hard'l cars, IS. 06; .4 cars. $3.04,
4 cars, $3.03; 1 oar, $3,01 (smutty); t
car,. $3.02 (smutty); 1-6 car, $1.0$,
No. 4 hard: 1 cars, $3.00; 3 carsrll.tl.
No. 5 hard: 1 car, $2.86. '
Sanjple hard: lvcar, $2.05.
No. i sprlngr J-S car, $2.11 (dark north
ern); 3-4 car, $2.tt. -i
No. 3 miied: 1 car, 13.02; 4fcrs. $t.tt
(durum).
No. 4 mixed 1 car, $!.$$. (durum);' 2
cars. 12.S8-dor&ra). I .
No. 4 durum: i car, $1.80.
No, 5 durum: 1 car, $2.88.
. - CORK.
'No. 2 whits: $ cart, $3.00.
r No. $ white; $ card, $1.18; 1 car, Sl.tt
(1 per cent musty).' ' ,;
. No. $ yellow: 4 rars, $300.
No. 2 yellow: IH cars.- $2.00;, 3 . car,
$2.00 (shipper weight); 3-6 car, $1.00.
No. 4 yllowi - 1 car. $1.8t (shipper
wetghU; 1 rar $l.t5 (shipper weights).
No. a mixed: 1 car, 11.97; 1 cab $1.17
(shipper weights).
No, 4 mixed: 1 ear, $l.t5 (near yellow).
No, jhlxed: . lr car, $1.13 (shippers
weights). ' . ...'.,,.
Sample mixca: i car. vncnn,.- -
OATS. '
o. S whitest tar. $1.10 -
Sample whit: 1 car. $1.09
BARLEY. .
Not feed: 1 car. $1.61. V
Sn'C
. Samipie: 1-& car. $1.66.
OMAHA RECEIPTS AND SHIPMENTS.
Receipts
a Today. Week ago. Yr. ago.
Wheat 11 4 t
Corn . 40 4
Oat IS ' 20 28
Hye 1
Barley 4 1 4
8hlpments--
Wheat 44 . 4 4
Corn 84 41 23
Oats .i $8 . -11 . . 30
Rya 1 1 t
Barley . . I I
CHICAGO CAR LOT RECEIPTS.
Week Year
Today Ago Ago
i - Week Year
.Today Ago Ago
Wheat ... 4 1 10
Corn ..A 30 58 ' ' 78
Oats I... 1 61 - 31 ltt
IvANSAS CITY-RECEIPTS.' .
' Week Year
Today Ago Ago
Wheat .....143 18 14
Corn 17 33 8
Oata , &, - l
i Week Year
Today j. Ago Ago
ST. LOUIS RECEIPTS.
Wheat ... '. '. 45 . 6 71
Corn ..... 64 3S- 2
Oat v. 66 6t 57
NORTHWESTERN RECEIPTS
OF WHEAT.
Week Year
. Today Ago Ago
Minn .,..126 154 221
Duluth -It ' t
Winnipeg 118 lit 104
Less Cheerful Tone Mirks
Stock Trading During Week
v, Tnrlr llH 1 6. Sentiment In flnan-1
clal circles this week was frankly less
cheerful, this feeling finding more direct
expression In renewed. If moderate, liquida
tion, further professional selling and negli
gible public Interest. ' .
The railroad trlke with tt serious re
sults to almost all lines of-Industry, ad
ditional credit restrictions and cumulative
signs of a slowing down of general busi
ness emboldened an already large short
account to extend tt aggressions.
stanrlnrrt rails-and Industrials suffered
almost In equal measure with speculative
Issues, strengthening the Impression prev
alent in many quarter that a large prepv
aratlon of th offering was oftan In
voluntary character., '
This same condition dominated the bond
market, where practically" all of the do-
msUc war notations, in strixing contrast
to British Issues of the earn elates re
corded new level of discount. yEowest
quotations wer made by Liberty bonds
following the announcement that new
treasury certificate of Indebtedness are
to be on a 6H" PV cent basis.
Local banking conditions, it was general
ly agreed, are on a firm foundation but
the tenor Ojf advices front 'western and
southern reserv canters agaliu- reflected
the rigid attitude it th federal reserve
board concerning nonessential credits.
Little If any relaxation of maney rates
Is anticipated befor th ejniration of the
fiscal year. By that ttme,vhowever, it Is
believed that many underwritings, chiefly
for account of railroad reconstruction, will
have progressed to th poln of successful
completion. - 1
a Liberty Bond Price.
New York, May IB. Liberty bonds:
Flnsl prices todsy were: 1H. t0.0; first
4s, 84,60; second 4s, 84.10; first 44,
85.74; Siecond 414s, 84.40c; .third 4s.
87.98; fourth 414s, 85.02; Victory ia,
85.60; Victory 4, 15.62. .
Evaporated . Apples and Dried Fruit.
New York, May 15. Evaporated Apples
Quiet.
Prunes Firm. .
Apricots and Peaches In demand.'
Raisins Scarce.
Kansas City Produce.
ansss City, Mo.. May. Butte'cr, Eggs
and Poultry tlunchanged. ,
By TTpdJk
Art' I Open
Grain
1 High.
Co.. Douglas 2627.
I Low. Close. I Yes.
Corn
May
July
Sept.
IRV.
May
July
Osis
May
July
Sept.
Pork
May
July
Lard
May
July
Sept.
, Ribs
May
a-4 July ,
1.17
1.78t
j 1.841,
I 214H
I
.!;
.76
1.17H
1.71V
1.85!.
1.8
1.77H
1.64
'16.00 l!
137.23 ;
120.37
11.32
!2.16
I S.J3 !.im
I 21Hl M4Vi
i I
I 1.07HI 1.05
I .77;.,! .76U
16.00
17.21
l.ttH
1.78i
1.644
2.14H
I
l.tt
1.78 '1
1.64,
i.ii
2.14H
1.0614! 1.06
.13 .13
.MSI .76
'St. 00
'37.00
136.00
117.00
I11.SS
llt.lt
20.17
21.13
li:.:o
111.15
tuts
(20.17
'21.10
122.01
120J7
121.07
!:i.8i.
118.S5 118,16
18.71 t-71
I
I38.M '
137.JO
1 10. 85
121.36
!!5.2
t
'II. SO
til. 81
YOUR CHANCES
t OF LOSING ON
Your Texas Oil Investment
Shown" ky Our, $10,000 Sutlstlcal Map
Experts have been busy for weeks preparing the most complete Geological
and Statistical Msp of Texas ever compiled.
Thu Map U Now Ready for You. It Costs
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On th face of the map, which measures 15x24 inches, are shown
geological surface structures, with brief explanation of their character
ih every -day language.
All known oil and gas fields, accurately located, with average pro
duction of eaoh'Jield. v ''' '
Location, ait and ownership of oil refineries, operating or ander
construction. I
Location of all principal pipe lines and ownership. ,
Railroads, county line and principal towns.
On the reverse side appear the following tables and charts:
Table showing increase in erode oil and gasoline consumed and num
ber of sutomobile, in use from 110 to 1018, inclusive.
Chart showing increase in production of crude oil from 1010 to 1817,
inclusive, comparing production of United States,. Texas and the world.
Table showing number of wells drilled and number -producing for
each field, from 1012 to July 1, 191.
Table showing approximate production for each of the principal Texas
fields in 1918 and first five months of 1919. . '
Table showing dividends paid by principal North Texas companies
from date of organisation to Inarch, 1919, inclusive, also dividends paid
by large, old-established oil companies ever a long period of years.
Free to the Readers of This Paper
" This map retails for on dollar, but w have a limited supply which
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S. E. J. Cox Company
Dep't 1108
Cotton Future.
New York. Msy 1 Cotton futures
closed steady; May, 4.60c: July. 38.26c;
.October, 16. lie; December. 16 lie; January.
3154c.
Bar Mirer. I
New York. Msy 15. .Baf Silver ll,c.
Uixin dollar 7614.
DETACH HERE j
Houston, Txa
....jt....,..V
S. E.J. COX COMPANY, "
Dep't llOt
Houston, Texas.
s, - Picas snd m on of your
FREE STATISTICAL MATS OT TEXAS
Name
Address ,, y.
PLEASE WRITE PLAINLY.
Financial
rhlragw Trlbune-OaMha. Bee Leased Wire.
, New Vprk, May 15. The resuif oi
today s two. hours . of exceediflrly
dull business in stocks--with a firm
price fiont, reflectiva of short tov
erimr. , In case 6',' motor and oil
shares, bidders had to go rather
high for them in late dealings, but
the gains in all directions were not
sufficiently 'Substantial to denote any
change or speculative, conditions.
The wee.k developed nothing ,11 the
way of amelioration for -industry.
.which has been brought into a de
cidedly uncomfortable position by
poot railroad service, and-as . there
was little constructive news trom
any quarter, bears on stocks' were
left firmly lodged.. k.
The railroads are the pivot of both
the present business and speculative situ
ation. The street sets that so long a
it is not possible to - move good freely
to market there is slight hop of reduc
ing ban: loan in commercial lines. Hap
pily urging of bankers and railsoad men,
with shipper, at Washington is apparently
hastening notion In respeot to us of gov
ernment funds . o meet th emergency,
adds the- striving of private organisations
to move freight at some f the ..traffic
gateways could bring relief.' v' y
It la not going; tod i&r to state -that
should evidence come shortly Of .a 'wide
spread easement of a transportation; with
a consequent loosening of credit, the
bearish element In the stook market would
find the going rough.VThe short account
Is believed to have reached, generous pro
portions as the price; list has not displayed
any Important Indication ot realising!
urcnase in tn last iortmgni.
The bank statements held forth slight
hop of credit easement In the near fu
ture, especially as the belief 1 general
that the east will be called upon to as-l
slat the agricultural.! centers for some
weeks to come, There Is something like
$166,000,000 ot Interest money .lust paid
out by the government to return to the
banka, but a this wll be distributed
throughout the country the effect will be
small at any one center.
New York Quotations
Number ot hre and rang of price
of the leadiag stocks furnished by Logan
A Bryan, Peter Trust building: , i-
SAILS.
' Tester
High. Low. Clo. day.
A., T AS !..... ....'... 71
Baltimore ' 'bhl'o. 5i' liii II S3
Canadian Pacific. .116 4 115 116 116
N. Y. A H. R 687, .v.." 68 tihi
Erie R. R. 1$ ,JIH 11 11
Gt. Northern, ptd 73
,Chi. Gt.. Western.. .... 7H
Mo., Kan. & Tex.. 7X .... 7 74
K C. Southern.... It ..18 16
Missouri Pacific... 25 'i 4 24 4
N. Y.. N. H. & H. 21 28 21 .21
No. Piclflc Ry... 74 73 74 73
Chi. & N. W .... , v 71
Pennsylvania R. R. 40' 39 40 40
Reading Co. .... 86 85 8B 85)4
C, R. I. ft P. .... $6 it 34 34
S. Pacific Co. 15 life 14 14
S. Railway., ..,.12. $2 22 22
C, M. & S. Paul .. 34 33 33VA 34
Union Pavifie ..116'i 116 116 115
Wabash . 8 .... $S 7
STEELS.
Am. C. V P. 132 131 131 131
A. -Chalmers Mfg.. 33 33
Am. Loco Co 14 93 14 13
U. Alloy S. Corp.. 41 41 41
B. Loco Wks. ...118 lltfe 117 116
Beth. S. Corp. .. 12 11 12 11
Crucible S. Co. ..140 137 138 138
Am. S. Fdry 40 - 39 31 31
Lackawana S. Co.. 76 73 75 - 74
Midvale S. & O. .. 43 43 43 43
P. Steel C. Co. .. 99 98 19 17
R. 1. & S. Co.... ; ,4 92 93. 13
SUss-Shef. S. & I. 61 68 6t
U. S. Steel t5 94 4 t4
COPPERS.
An. Cop. Mln.... 66 66 , 66 66
Am. S. & R. Co.. 66 t 10 -60
Butte & S. M. Co. 22 22, 23
Chile Copper Co.. 15 15 15. 15
Chino "Gop. Co.... 31 ..... 81 11
Calumet & Arlx.. 60 60
fnsp. Cons. Cop., 62 12 62 62
Kernecott Copper. 26 26 27
Miamt Copper Co. ". 21
Ncv. Cons. Cop. Co. 13 13 13
Kay Con. Cop. Co 17 .... 17 17
Utah Copper Co.. tt 7 68 66
INDUSTRIALS. '
Am. Beet Sug. Co , 12
At. O. & W. I. 8. S.171 161 lit 166
Am. Internat. Corp. 81 88 81 88
Am. Sum. Tob. Co. 88 87 88 86
Am. Cotton Oil.'.'. 424 .... 42 40
Am. Tel.1 Tel... 94 93 93 13
Am. Z., Ld. & 8m. 14 . . 14 14
Brooklyn Rap. Tr, 12
Bethlehem Motors. 22 21 22 41
American Can...... 41 31 3t 8
Chandler Motor... 137 134 136, 131
Central Leather... 61 69 69 69
Cuba Can Sugar.. 62 62 62.-61
Cal. Pack. Corp... .... Jt
Cal. Petrol. Corp.. 31 $0 50;....
By CHARLES D. MICHAELS.
Chicago Tribune-Omaha lire Leased Wire.
Chicago, May IS. While all- de
liveries of com sold at new high
figures on the crop early, the best
prices were not maintained, due to
profit-taking. On the declines there
wai good support from commission
houses and the close .was '54Hc
higher. Oats finished unchanged to
He up, rye JSlc higher and bar
ley unchanged. As compared with
a week ago corn was ?t7c higher,
July leading; oats JiCoHc higher
on the near and J-jc lower on Sep
tember, rye l6Jc higher and
barley unchanged.
Large receipts, arrivals being 65
cars, led to local jyessure at the
opening, but commission house buy
ing absorbed the offerings and short
covering carried prices up into. tiew
ground. On the .bulge profit-taking
by a local professional started
values downward and with reports
that the railroad rail strike might
be settled within the next few days.
July dropped 2c, getting support
at $1.78 and at $J.77 on the way
down on restimtorders. 1
Oeaeral Temper Bullish. I
Th general temper of the pit elenfent
was bullish and In many cases traders laid
they wanted to see cars delivered to west-
I eon roads before they would believe claims
Lfhat 20,000 box cars were to come from
eastern line, oreana snipped t cars
pf cash corn to Chicago In addition to 70
Cars earlier in the week. Sample values
were unchanged to lo lower, closing easy.
The east cancelled 20,000 bushels.
Oats fluctuated rauidly within com
paratively narrow limits. Commission
houses' were on: Both sides or tne mar
ket, with Nome disposition to buy July
and sell the eSptember, the different-
widening slightly. Premiums in the sam
ple markets were unchanged to a shade
seasier, the latter on No. S white, which
brought 80to over May. Not white In
store sold at 7o over May. Receipts. 88
cars, with (ample value unchanged to lc
higher.
i Short Hunt Cover.
Strength in corn started short in rye
to covering and mad a higher range.
Export bid at th sea board were reported
far out of line. No. t e track sold at
May prloe for full car and lc under for
bulkhead with a sals at 2.$2. Re
ceipts. 7 cars.
Barley unohanged with a fair demand.
Spot sale were, at $1.8001.8$.
Seaboard bid on cash wheat advanced
103o to a new high figure on the crop
With sales of 160,000 bushels at $4.40 at
the gulf for August-September shipment
Bids c. I. f. Georgian bay, were $348. and
track ew York around, $3.26, with Intima
tions that $3.27 would bo paid. The Brit
ish and French governments continue the
best buvers. o. i northern on track sold
at $3.20"$.25. . Receipts. 4 cars. .
, Kansas City Grain.
Kansas. City, .Mo.. May 15. Close corn
prices: Msy, $1.82; July, $1.78; Sep
tember, $1.66.
New York Coffee. '
New York. May 15.-M:offee Bio No. 7,
16 9-16; futures. firm; July, lD.35c;
September, 14.16c.
Seed Corn
Attention Farmers 1
If you have not tested your seed
corn do so, as very little corn in Ne
braska and Iowa is fit for teed pur
poses. We have- for quick .delivery butted
and tipped, milled and graded seed corn.
Reid's Yellow Dent
' at $4.50 per bu.-
Silver Mine at
$$. peif.bu.
Sacks' per 'bu., 12 V4 cents extra
Both of these varieties show 98 per
cent germination. Order by mail or
phone. Samples can be seen at Droge
Elev. Co.' Office, $2$ Pearl St., Coun
cil Bluffs.
Phones: 288$; 28C
Council- Blufs Seed
Company.
.'- Council Bluffs. Ia.
Toyah-Pecos
This wdnder of shallow oil
pools offers the greatest
chance of all Texas Fields to
make a quick fortune. Don't
buy leases in a hit-or-miss
fashion.. Play the. game like
the bg oil operators play it.
Buy oil leases in a newly
proven field before develop
ment becomes too active "and
prices soar sky-high.
Write for a map snowing
the exact location of our
holdings in the new Pecos ,
Toyah Oil Basin, which is get
ting more publicity than any
other field, in the Mid-Continent
section today. Write or
wire at once. Tracts of 2Vs
acres and upwards for a lim
ited time.
The
InterState
Company
207 South 18th St.
Omaha, Net.
.y
. OPEN EVENINGS
Chicago Grain
General Motors 28 H
Goodrich Co 61 Mi
Am. Hldefc Hthr, lttt
Haskell A Brkr Car 4V
U. S. Ind. Alcohol. 8S1.
Interna t'al Nickel. 18
lnternat Paper... 73Vi
Kelly-Spr'grd Tiro ......
Keysfne Tire, Rub 27 i
Intrnt. Merc. Mar. 92
Maxwell Motor Co
Mex. Petroleum.. .184
Middle Sts. Oil... 40 Vi
Willys-Overland ...18
Pierce Oil corp.... iv
Pierce-Arrow
65
U. S. Rubber Co... &A
Am. Sugar Rfg. V0.izl.
Sinclair Oil & Rf. 3iVt
Stromberg Carb... 69,
Studebaker Corp... 724
Tob. Products 61'A
Trans-Cont. Otl...Slti
Texas Co...... 49Mi
U. S. Food Pr 62
U. S. S.. Rfg. & M.
The White Motor. , 61
Wilson Co., Inc 66
Western Union
Wtst'gh'se E. & M. 47 H
Total sales, 292.200 share.
Marks Close, .0208. '
Sterling Close, $3.81,
27V4 !8H 2flf
.6114 61 lil
18- 1914 It',
63 63 63 H
864 87 84
17 18 1
' 72 72 72
r-. . 107
26 26 26
314 31 21
,. 25
181 182 181
.' 40 , 40 40
, 17 18H 18
18 17 16
.198 104 103
54 "
119 119 118
91 95 95
..... 129'129
344 34 36
68 68 66
71 71 70i
63 62?
15 16 16
48 48 48
60 61 60
60
61 61 60
66 6t ....
-84
.... 47 47
109 101 101
Local Stocks and Bonds
Quotations furnished by Burns, Brlnksr
& company.
- . Bid. Asked.
. STOCKS.
Alfalfa "Butter Co. Pfd. 7t
Beatrice Creamery Pfd 19 101 .
Burgess-Nash fs Pfd, 1911-114 11 100
Cudahy Packing Com 81 10
Deer & Co. Com 70 8(1
Kldredge-Reynolds Co. 7a Pfd. 11 " 100
Oooch Food Prtd. Pfd ,87 10
Harding Gream 7s Pfd 99
Lincoln T. t T. Com. 7 .... .... St
Neb. Power Co. 7s Pfd. .... 14 -
Om. & Co. B. St. Ry. Pfd 46 66
Omaha Refining Co.ls Pfd. ,... 80
Orchard Wilheln'7s Pfd. 17 100
Paxton & Gallagher 7S Pfd. ..100 101
M. C. Peters Mill 7s Pfd. 1118 17 19
Sherwln Williams Paint Co. 7s
. Pfd $9 N100
M. K. Smith Dry Goods Co. '
7s Pfd. 1932 . ...V t 101
Thompaon-Belden & Co. 7s
Pfd. , 18 160
Union Power & Light 7s Pfd
112T , Sfi
Union Stock Yards, Omaka ..16 98
BONDS.
Booth-St. louls 8s, 1931 ..... 86 90
Cuba Cane Sugar 7s, 1930-.. 16 99
French Cities 6s, 1934 81 90
R F. Goodrich Co. 7s. 1125 .. 95i i 96
Hill Hots.1 Bldg. 6s. 1111-10 "6.40
Omaha Athletic 6s. 1922 16 , 99
Om. & Co. B. St. Ry. 6s, 1928 74 R0
Sinclair Consol. Oil 7s, 1128 17 96
Per cent.
NTicaga Live Stock.
Chicago, May 16. (U. S. Bureau ot
Markets). Cattle Receipts. $.600 head;
market, slow; compared with a week ago:
Prime heavyweight beef steers, 26&40O
lower; .others' steady to 25c lower; fat
cows and heifers mostly t&c lower; can
ners steady to lower; little change In fat
heavy bulls; bolognas, 60O78o lower; bulk
veal calves steady to 25o lower; lights, 60c
11.00 lower; Blockers and feeder mostly
26c lower.
Hogs Receipts, 16.0C0 head; mostly Z6o
lower than yesterday's average; top,
$14.80: bulk.' light. 14.50i H.6.: . bulk,
250 pounds and over. tlf.loei4.tS: i.l
26050a lower: bulk dcFirfble kinds, $13.00
Sheep and Lambs Receipt CM head;
direct to packers, compared7 with week
ago, best lambs mostly $1.00 lower, others
i. ov0i.nu loner witn seots off more;
sheep, scarce around 60c higher than last
week and about 80c lower than this
week's opening,
Kansas City Live Stock.
' Kansas City, Mo., May 15.-att!e Re
ceipts, 1,310 head; market for Weak: Beef
and butcher cattle, 2560o higher; can
ners and bulls, steady; calves, mostly 11
1.60 higher; feeders, mostly 1515c
higher; stock .cows and stock calves,
steady. , 1 v
, Hogs Receipts, '300! head; market dull;
steady to 10a lower! top, $14.40; bulk
lights and mediums $13.6514.40; bulk
heavies, $11.6014.10.
Sheep nnd Lambs Receipts, $,300 head;
for week: Clipped lambs, strong to 15c
higher; -spring lambs! $1111.60 .lower;
yearling wethers, 2650o higher; wethers.
tl1.60 higher; ewes, 50 75c higher;
goats, C6c -lower. -
, Slpux City Live Mock.
Sioux City, la.. May 16.-r;attle Re
ceipts. 1.200; market steady: beef steers,
choice fed, $11. 00 13.25; short fed. $1.60
011.06; fed yearlings, 89.00 & 13. 50; beef
cows, $6.507.60; fat cows and heifers.
17.00.(911.76; canners. $4.00 6.00; veal
calves ,$6.612.60; feeders, $8.00010.00;
common calves, $5.S09.60; stockers, $7.00
W12.00; reeding cows, a.gojr7.00; atocK
heifers, JS.iOii 8.00.
Hogs -Receipts, 8,500 head; market 1(1
315c lower: light, $1.1.?514.60: mixed.
$I3.0013.50; heavy, $12.261325; bulk.
$1 3.0014.00.
Sheep and 'Lambs Receipts, 100 head;
market steady.
St. ' Joseph Live Mock. '
St. Joseph, Mo.. May 15. Cattle
Receipt. 100 head: market nominal:
steers. $15.00 15.50 ; cows and heifers.
$5.ooi3.5o: calves. 6.onin.oo.
Hoes Receipts. 4.000 head: market. 10c
lower; top, $16.00: bulk, $14.0014.60.
Sheep None; market nominal; shorn
lambs, $17.00 17.76; . shorn ewes, $10.60
'..i .r Chicago Stocks.
The following quotations are furnished
by Logan & Bryan, members of all princi
pal exchanges. Room 100, Peters Trust
building (formerly , Bee building). Seven
teenth and Farnam streets, Omaha, Neb.:
Armour Leather Co., common 16
Commonwealth Edison Co 108
Cudhay Packing Co., common. c 88
Continental Motors 9
I.bby, McNeil & Llbby 24
National Leather 12
Reo MotortCar Co ... 23
Swift International 37
Union Carbide & Carbon Co 63
Spot Cotton.
New York, May 16. Snot cotton, steady:
middling, 41.60c
Write or Phone Us for Our
t New Loan List
First Farm Mortgages
Interest . Payable Semi-Annually
Tax Free to Nebraska Holders
Have served investors 38 years without a loss
of a Dollar-. '
Kloke Investment Co.
Phono
DoufUt 11 SO
845 Omaha National Bank Bldg.,
Omaha, Nebraska .
r a
UPDIKE SERVICE
We Specialize in the Careful Handling of Orders for
Grain and Provisions
1 . . FOR t
FUTURE DELIVERY
IN v
All Important Markets
V WE ARE MEMBERS OF .. , .
Chicago Board of Trad ' St. Loui -Merchant Exchange
Milwaukee Chamber of Commerce Kansas City Board of Trad
Mlnneapojla Chatsber of Commerce Sioux City Board of Trad '
Omaha Grain Exchange
WE OPERATE OFFICES AT ,
OMAHA, NEB. CHICAGO, ILL. GENEVA NEB.
LINCOLN, NEB. ' SIOUX CITY, IA. DES MOINES. 1A.
HASTINGS. NEB. HOLDREGE, NEB. MILWAUKEE. WIS
ATLANTIC, IA. HAMBURG, IA. ,
All of taoto officeo are conn c tee) with each other by private wire.
We are operating: 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. . ( 1 - i
It will pay you to set in touch with ono of our office
when wanting to BUY or SELL any kind of grain.
1 WE SOLICIT YOUR
Consignments of All Kinds of Grain
to OMAHA, CHICAGO, MILWAUKEE and SIOUX CTtY '
Every ' Car Receives Careful Personal Attention
Tbe Updike Brain Company
THE RELIABLE CONSIGNMENT HOUSE
"e
' Bonds and Notes
' Furnished by Fetera Trust Co.
Bid. Asksd.
Amer. T. T. f. It24...... tl IJ
do 1925.... tlH iA
Amar. Tobacco Co. 7s, 1!1... H ltt
do )l!..t tt ,tt
Anaconda Copper ta, ltit... 'to
Arglo French Kit. (i, list... 18 tl4
Ar A Co Con Deb Is. 1110-14 tt tt4
Peth. 8teel Co. 7a. Hit ttt H
Ao lttt I7H tt
nTl Tel. of Can. 7s. It35.. t7i . t
British iVtt. mi... 4V, 4H
C. B. A Q. 4S. 1121 t t4 l4V
Continental Motor 7. lttt... tt 100
Cudahy Pack. Co. 7s. !2J... tlH tt
Liggett & Mysrs ts. It21... tV
Froctor Gamble 7s, 122... 100
d(F iMJ.u. : tH 100
Swift Co. 6s., Ittl t7Va tt
Vr.ton. Pacific . It28 9TU ttU
Wllsorf Conv. ts. 1928 17 tt
Western Electrla Js, 1125... 11 8't
BelKlan ts, 1I21...1 ? t7Vs
do 1915 tt to
Liberty 1st SVjS .tt .it
Llbeaty 1st 4s IJ.OO
Liberty 1st 4s, 84. SO
Liberty id 4s . 86.10
Liberty id 4Hs. ...14. 14
Liberty 3d 44s.. , ...88.14
Liberty 4th'4V,s..' , 85. 0
Liberty Mh 4 s 95.66
Liberty 6th 344s tS.tO
Kw Vork Cofft.
Kew YorM Way If. Th market lor c
ooffe futures showed eontlnued atttdia
ness todty. After openltir rVirharisit
to two points hlghsr there were reactions
of a few points under realism for- over
the week-end, with September selling at
14.7to and lcemlr at 14.to. or about
It point nt lower. These ofterln wer
ron absorbed, however, and the market .
rallied, later n trade buying aocompanled
by rumors ot an advance In Alee Septem
ber sold up to 14,tio and Dscembnr to
14.11c, with the market closing- at a net
advance of IS to 18 paints.
Closing bids: nay. IS.OOc; July. lt.88ej
September.. 14.t6c; October. 14.9Jo: Dei
Cbinber, January and Marrh,. 14.85c.
Spot Coffoe Btesdy; Klq Is, 16lt)'
HSc; Santo 4s. 33 V 24 c.
New York tienernl.
7w A'ork, May 15. Wheat Spot,
ttady: No. S red and No. t hard, tl.JS
and N. t mixed durum, 13.23 v, 1, f.
traelc, New York, export. y
Corn Spot, firm; No. 2 yellow, t!.81i
Slid No. 1 mixed, 12.30 c. I. f. New
York.
Oats Spot, strong; No. 1 white, tl.47(r
1.48, nominal.
Lard Kajy; . iniddls-wcsl, ' J20 0ff
1100.
Other articles unchanged.
Cotton Future".
New York, MaV 15. Cot I on futors ,
opened steady: May 40. 26c; July, 28. 14c;
December, S6.10c: January. 84.80c.
. ' Ij
We Offer
$500,0)0.00
American
Bank
Building
8 Pvtidpaling;
Preferred Stock
Tax Free in Nebraska
Exempt Front Normal
Income Tar
Non-Assessable ' '
C Keal Estate a "the basis of all, material1
uevurliy -vveaUii. No investment can,offer better se
curity thau well located business property. -
The American Bank building site- is located in the
heart bf Omaha's business actiyities; therefore the safety,
of the investment is unsurpassed. " , . , " v
Vi.rn.ntr Vtirmv6 income of the American
Lituning rvWCr'Bank building has been very conserv
atively estimated as more than three times the dividend
requirements. Thefce securities : yield i as a minimum,
and participate in the earnings of the company. ,
AnnAi4iin.tv Thls 'Viewed fron every angle, SAFETY
vppuiTUuUy 0f principal,' its earning capacity, and
certainty of 8 OR BETTER returns, we feel that no
investment offered the general public can compare with
these AMERICAN BANK BUILDING securities. "
Ottered in Amounts of $500.00 or more. Term It- dftired.
v 'v For Full Information address: . . ; . 1
American Bank'Building Go.
Eoora .f, Wead Building
Omaba, 'Nebraska,
V ,s'.
51
1 Lit
" vf"
i."
v...;f
; V-
u
'V-
Investment Knowledge
. -
, In assisting investors in the se-
lection of safe securities, the
United States Trust Company
brings to every transaction a
fund of knowledge that would
be impossible for an individual
to acquire. ' '
This investment' service is at
your disposal.
United'. States Trust Co.
, Affiliated With , j
United States National Bank
1612 farnam St.
Omaha, Nab.
J
I : : TT "
Always ,
Dependable
FOR savings arid trust funds and for
those , who do not feel safe7 with
: the , ordinary business , investment; we
call attention to the complete depend
ability of Peters Trust farm niortgages.
"6 Nebraska
Farm Mortgage
Tax Fre in' Nebraska
Every mortgage surround
ed by Peters Trust safe
guards and with complete
Peters Trust service.
Here are a few of those
available J .
Amount
?l,f500 '
1,900
3,600
4.000
4,500
6,000
Rate
6
O'fl
6
6c .
6S,
First Mortgage Land Bonds in
Denominations of $100,
$500 and $1,000
Property
Value
7,200
5,600
15.000
20,000
21,500,.
-20.11S'
7
Plra Tru
Bufldiag
Detailed Statement
-on Request '
PiIters Trust Goi
"Farnam atfavnieenth 1
TT
i