T.iUSSEL SHOALS
filTRATE PLANT
V, H MfcU HAS h
Congressional Committee Ma
jority Report Says Adminis
, tration Nitrate Program
Accomplished Nothing,
.Washington, May 18. Two re
, ?ort, one by republicans condemn-
ing ;,the government's entire war
. time nitrate program and charging
reckless waste and extravagance,
and the other by democrats defend
ing it and charging partisan bias by
the majority, were presented today
to the house by a special committee
which took up the investigation
nearly a year ago.
, ' Along .with its 41 general con
damnations of the government pol-
, icy, the republican majority, com
prising Chairman Graham, Illinois,
and Representative Jefferis, Nebraska,-submitted
recommendations for
future disposal of the Mussel Shoals
properties, . which Representative
. Garrett of Tennessee, the demo
cratic member, declared was be
yond its province. Mr. Garrett in
dicated he- would make a point of
order against the report on that
ground. Members said this would
open the way for the biggest polit
ical fight in the house since the war
investigating committee was created.
"$. the two reports embracing
i.OOW words, every detail of the ni-.
trate program was discussed.
In, the first of its findings the ma
jority charges that the nitrate pro
gram cost the government $116,
194,974 and that no mtrates were
produced prior to the armistice and
that it- contributed nothing toward
winning, the war.
The minority replied that if war
expenditures were to be judged by
unexpected end of hostilities, three
fourths of the nation's efforts were
useless.
Market, Financial and Industrial News :of the Day
Live Stock'
Chicago Grain
(-
, By CHARLES D. MICHAELS,
f hleaa Tribune-Omaha B Ucd Wire.
"CWago, May 18. Failure of two
small banks in Kansas, due to fa
cility to realize on farmers' loans
on cash wheat, combined with the
unmistakable deflations in prices of
, various commodities and industrial
. unrest, resulted in mild liquidation in
grains.
Investment support was lacking
' and strong commission houses were
free sellers. The local element
brought corn on what they thought
war. a good break, only to be forced
to sell out later. Stop loss orders
' were uncovered on the way down
and with pressure from traders who
were protecting sales of bids, prices
at the low point showed
under the close of the previous day,
finishing 3J46fc lower, July lead
ing. - ;
.' At th lnsM flicur, .July corn wa
He under the high or Monday. Th
-ntarkst lacked th rallying power which
has been ao noticeable . of lete. - Outs
showed atubborn reslatanra to selling prea
ui.ra fcuvln iialnst btda belnc a factor.
Owt tne cioae was wen lonani uie uui
torn .with, ni losses of 18JSe. A big trade
was on in. ryw. uui m .imBnuH. "-a
weak with net loaaes of IHISe. Barley
wii unchanged to 7Ve lower, later on
September.
' Cera Sentiment Haitian.
Sentiment amongst the pit element was
: rather, bullish on corn early. The laying
off of men by various Industries and the
liroapeota of radical action to break the
rail congestion, however, cauaed consid
erable change toward the last. The num
ber of stop-loss orders caught on the
breaks tu not larsre considering the alae
' oj the breaka, , and liquidation was not
''industries were the best buyers of cash
corn with prices 48? 6e lower, bulk of "ale;
being at 12.08 foi No. 2 grades and 88.01
' for No. S. The former ahowed 30e over
' .- .tii. firim nrt the Julv. Cash oats
were! Ity2e lower with outside markets
the Beat ouyera. him ?
ported at the aeaboard for June-July load---mg.
Receipts, S cars corn and S3 cars
oats, with shipping sales of 11.000 bushels
IJanldatlaa la Bje.
At ne time were rye prices as high as
the previous oays cioie. ncir.u um
rtaf.oa was In evidence. Export demand
....... -.Tuiw at' Minneapolis closed !
ever the May. No. 2 on track tto over
May at ta.im. Receipts, S cars. .
nnchanaed for choice ana
ic lower, for the poorer kinds, with slow
demand. Spot sales were at tUiei.lt.
Receipts. i cars. .
Cash, wheat prices were shsrply lower,
an extreme decline of ISo b.tag POr"
at Kansas City on low grade hard, while
Minneapolis was IfllCe lower. Th. Brit
ish and French buyers were B?LV,,ii!
market ' and cables claimed that they
m'ght be oat for the balance of the week.
There was a decidedly uneasy tone In for
rian advices during the day. Gulf wheat
wia .quoted at 13.88. or about 4o lower
than of late. No. 4 red.on track sold here
it SS.OSttr No. 4 hard, 83.08: part car of
'No- a had. : No. I hard. 83.87: No.
4 "northern l.1.1Ml.lo, and No. 1 north
era IJIi. . Relelpts S cars. .
:' Chicago Closing Prices.
Omaha, May II,
Repelpta were: Cattle. Hogs. , Sheep.
Official Monday.....' 8,878 t.iat 7.10
Estimate Tuesday.... 0.168 10,80 8,50
Twa days this week. 19.97 18,888 18.70
Same days last week.1I.47S . 18.871 18,111
Rm riav 1 wks. aro.lt.tlt 11. MS ' t.lOS
Rama day S wks. ago. 1,111 18.1ST 11.880
Sams daya year ago.ll.'ZO ll.Ut 1M6I
Receipts and disposition of live stock at
the TTnion stock varda. Omaha. Neb., for
24 hours ending at 1 o'clock p. m. May
18 lt0 i
'. " RECEIPTS CARL' '
, " Horses
and
Csttle.Hogs.Sheep.Mules.
Wsbssh 4 1
Missouri Pacific. 5 , '
Union Pacific . . 1 38
('. 4b N. W., eaat. 22 . i
C. A N. W went 36 24
C, St. P..M. and Oi 4
C. B. . Q., east.. IS
Ct R. Q . west S3 38
C, R. I. P., esst 10 ... t
C R. I. P.. west 2 2
Illinois Central... 2 3
Chi. Ot. West... 4 ..
.1 .
2
30
Total receipts.. 5I IS
DISPOSITION H EA D.
1 . Cattle. Hogs, Sheep.
Morris Co . . .'. . 77: MM !
Swift A Co 1.S7S
Cudahy Packing Co.. 1,31
Armour ft Co '
J. W.- Murphy
Lincoln Pkg. Co 3
S. Omaha Pkg. Co.... Is
Hlagins Pkg. Co 67
John Roth A Sona..i 3
Mayerowtch A Vail... 34
Ulanaherg , 13
P. O'Dea 23
Wilson V Co I.... 95
W. B. Van Sent & Co. 22
P. P. Lewis S
Huntslnger A Oliver. , S
J. B. Root Co 2
.T. H. Bulla 34,
Rosenstork Bros 1
V. a. Kellogg :.. 22
Werthelmer A Degen. 340
Ellis e- Co -3
A. Rothchlld .. 72
E. O. Christie . . f,2
John Harvey ttl
.lousen A Lumlgren., . 47
Omaha Packing Co.l . 7 -V.M.I
west Packing Co. . 2
Ogi'en
O'.her buyers 93S
2.211
2,373
7M
2,364
(15
1.013
771
141
Total
27S
.7.178 M84 3,423
! Rv ypdlWe flraln Co..
iOpen. I High,
loug. t27. May 1.
Low. Close. I Test.
Art. Open. 1 Hign. i
; vts ; l'i 4H l-ul l i 1 ' 1
- :tuJ 17 1.7 l.Mfc 1.70 1.7:
' yV 1 111 l.ll'A 2.14 2.1414 MJ
- .TulV I 2.14 2 S121i 2.0S I 1.01 1.1H4
t ' sul I 1.0HI 14 J 104' 1.67
lf'JbW i -'H TJ 1 ,
tly 184.4 136.41 35.40 135.40 35.75
" Julv !:. '3S.7S 85.35 135.40 - 15.75
' Jiy I5. UO.OO IS.85 120.00 120.12 '
July I20.8S 20.85 20.05 20.80 20.S0
W, T-1.8 !:i.S 21.41 ln.55 21.71
'msV 'i17.85 1I7.SI.' 17.85 117.55 18.00 ',
July 118.52 1.55 18.17 118.48 J18.00 t
'. . Chieaga Staclia. ,
" The' following quotations are furnished
hv Logan A Bryan, members of all prin
cipal, exchanger. Room 100. Peters Trust
1 ulldlng (formerly Bee building), Seven
teenth and Farnam atreets, Omaha, Neb.:
Armour Co.. pfd
tt'ammonwealth Edison Co 1034
Continental Motors.. S ;
l.lbby. McNeil ft Ltbby. ............. 14 '
National Leather i..... 11
awift ft Co......... 114
Swift International 18 H
Union Carbide ft Carbon Co II .
'. New Tark Cork Stacks. .
Iflled Oil' . 17 .
koaton Montane. 85
Consolidated Copper ... "tHO li
federal Oil 7(t TH
Henrock Oil Se. 2's
aland Oil SH9 1
rferrit Oil Hr 16'i
Mldweat Refining Co.. 144 0144
Sim ma Petroleum 17 4 174
V. a. Steamship............... 29 2
.. 21 t
White Oil ...
Liberty
New Tork. May It. Liberty Bonds-A
Prices at 11:65 a. m. today were:
.40; tint 4a. t4.Oft; second 4s, S3.00;
first 4Ha. I4.S0; second 4 Vis. 81.40: third
4s, S8.80; fcurth Hs. 18.70; Victory
14, S4.i Victory 4sis,.tl.0t.
H. Iiawi City Grain.
Kansas City, Mo., May It. Wheat No.
! northern. H.IOOJS.IJ.
. earn sweety z.ei.
At Oata 11.0101 03.
m Rarler 11.4:1.76.
J Rye Ke. I. 13 08 ..
Plaa N. 1. 4.474tl.
' . , , St. Leis Chrals. .
t 'tmIs; May H. Corn May,
1 ' . ; Julv. 1 71. - -
v Hu-JUfe-IUl.-Jvl It
Cattle Arrivals of cattle today were
about the same size as yesterday, making
the total for the two days 13,000 head, or
some 400 less than the same daya a week
ego and l.iOO smaller than tha corre
sponding time last year. Steers again
moved alowly at a decline of around a
quarter from the weak close yesterday.
She stock wss also slow and hard to dis
pose of at prices ranging from steady to
m quarter lower. Miockers n'd terders
moved slowly but at unchanged prices.
BEEP STEERS.
No. Av. Pr. No. A v. Pr.
4 1213 -11 40 15 1020 11 60
22 12t 11 85 ' 11 1101 11 85
UO 1233 13 00 15 1022 13 lit
15 1022 12 25 27 1087 12 75
STEERS AND HEIFERS.
8 880 60 34 684 10 60
18 6i 10 80 11 807 U 25
21 1008 11 35 15...... 855 11 69
885 II 80 20 753 11 76
15 788 12 00
- COWS.
48. 884 7 75 ' 23 1140 9 76
24 897 10 00 18......1042 U0 50
BULLS. .
4 . .1397 8 00 1...... 470 t 00
1 3000 8 25 1
CALVES.
4 .. 27 10 00 . 1 "200 10 80
2 210 11 00 1 200 ll 60
.1 2U lz 00
24...... 626 8 50 32...... 752 9 10
Quotations on cattle: Good to choice
beeves, 811.76012.75; fair to good beeves,
610.75 ' 1.75; common to fair beeves,
19.50 10.75; good to choice yearlings,
tll.7612.76; fair to good yearlings, 89.60
011.75; common to fair yeardlngs, 88.00s
t.5: choice to prime heifers. l0.86j
11.60; good to choice heifers, 89.00010.26;
common to fair heifers, 87.6098.00; choice
to prime cowa. 3t0.OO11.25; good to
choice cows, 8.6018.60; fair to good
cows, f7.00Q8.60; common to fair cows,
34.C0O7.00; choice to prime feeders,
810 00011.00: good to choice feeders, 39.00
88111.00: medium to good feeders. 88.0088
8.00; .common to fair feeders. 87.0008.00:
good to choice stockers, 86.60010.60; fair
to good stockers. 87.7509.00: common to
fair stockers, 38.00O7.75; stock heifers.
86.608V8.oo: stock cows. 36.00tst.25: stock
calves, 36.0009.50; veal calves, 39.000
11.50;. bulls, stage, etc., 86.00010.50.
ogs Hecetpis toaay were estimated
at 10,600 head. While there .was a slow
stsrt, the market waa, active and prices
looxea steady to strong as compared witn
yeaterday. The. range ' is narrowing a
trifle, bulk of today s sales being tu.250
11.60, with the best lights scattered above
i HOGS.
No. Av. Sh. Pr. No. Av. 8h. Pr.
4.,224 ,... 13 70 78. .200 70 ' 13 75
U..J41' 70 13 80 86.. 187 ... 14 00
:;..2S8 ... 13 46' ' 70. .244- 110 13 50
128.264 .... 11 64 88.. 225 ... 1365
47. .370 140,13 25 67. .281 ,190 13 25
St.. 284 180 13 40 66. .275 430 13 00
38. .284 70 13 10
SHORN LAMBS.
No. : ; Av. Pr.
302 fed. . 83 1 35
the bulk to a top of 114.00. -'
Sheep and Lambs (There was a slight
Increase In aheep receipts today, estimates
calling for 8,600 head, making the total
for the two days 16.700 head. The mar
ket was very alow and draggy with a de
cidedly weak undertone, it being nearly
noon before much of any trading was
done. Shorn lambs are selling around
315.00816.60, close to 26c lower then yes
terday. There was a sharp reduction in
the California spring lambs, however, the
same klnda that aold yesterday at 318.26
aelling today at 317.26, a cut of ,a flat
dollar and are Quotable down to 318.00.
Very little aged stock ts arriving, shorn
ewes semng from s.uof m.ou.
Quotations on Sheep and Lambs Fat
wooled lambs. 316.00Ol7.60; fat shorn
Ismbs, 315.00016.60; shearing lambs,
31I.00O16.00; cull lamba, 3H.00O12.00;
ahorn ewes, 39.80010,60; ewe culls and
cannen, 32.000 5.00.
Chieaga IJre Stock.
Chicago. May 18. (U. 8. Bureau of
Markets Report.) Cattle Receipts. 15.000
head , beef aleers , opened steady, but
heavyweights -neglected In early bidding;
bulk all weights, 311.26013.00,- butcher
cattle and calves, steady to strong; light
heavies active, with bulk at 33.00OH.25:
bulk cow. 38. 76010.50; desirable can
ners mostly I5.2605,76; calf quality im
proving, with bulk at 311.00O13.60; stock
ers and feeders, steady.
Hogs Receipts. 36,000 head: market
Mostly steady at yesterday's average; top,
314.50; bulk, $13.26014.26; pigs, 2640c
lower; bulk. (12.00013.26.
Sheep and Lambs Receipts, 13.000
bead; market alow, unevenlng lower;
gcod 84-lb. shorn lambs, 316.60; choice
handyweighr shorn lambs, 117.60 late yes
tei$ay. ..
Kansas City Live Stock.
Kansas City, Mo.l May 18. Cattle Re
ceipts, 8,500 head: market weak to 15o
lower; beef steers under $11.00; other
claaaes mostly 25c to ISo lower; topi
813.26; prime heifers, 313.85; beef steers
weak to 2eo lower; other classes mostly
steady; veal era to prima, $12.00.'
Hogs Receipts, 18,000 head; market
ateady to lie lower: top, $14.35; bulk
light and medium, $11.76014.35; heavy,
$13.25013.76.
Sheep and Lambs Receipts, 1,000 head;
market alow; spring lambs. 316.40017.60;
yearlings, lower, $14.00014.26; goats,
steady to 25o higher; fancy brushors, $8.35.
' : : . St. Laals Lira Stock. a
Eaat St. Louis. 111., May 18. Cattle
4.008 head: market waa ateady; top
steers. $12.85; bulk. $11.00013.60; year
ling steers and heifers, steady to strong;
canner cows, stesdy at 34.75O6.50; bulls
and calves, steady; good and choice veal
era. $12.60018.60. - -
Hog Receipts, 14.000 head: market ac
tive, 15 cents higher: top, $14.50; - bulk,
light and medium, $14.0001135; bulla and
heavy, $13.60013.30. v
Sheep, and Lambs Receipts, 800 head;
market cloaed steady; top lambs. 317.60;
top ewes, $11.00; bulk. $10.00 11.00.
Sioux City Live Stock.
Sioux City. Is.. May 18. Cattle Re
ceipts, 3.600 head; market steady, 25 cents
lower; beef steers, cnoice lea, ilO-eot
13.08; short fed. $3.00010.25; fed year
lings. 3.flS.25: beef cows, $6.6007.60;
fat cows and heifers, $8.0001160; canners,
$4.0008.00: feeder. $8.00010.00: stockers.
87.6003. 60; veal calves, $6.0001160; com
mon calves. $5.6003.35; reeding cows, ft.ve
O7.00; atock heifers. $5.6008.60.
Hoga Receipts. S.600 head: market
steady; light, 3U 6014.00: mixed. 813.06
013.60; heavy. $12.2601126; bulk ot sales,
$11.00013.76. - . -
L St. Joseph Un Stock. ,
' St. -Joseph, Mo May 18. Cattle-Re-ceinte,
2.600 head; market slow, lower;
cows and heifers. $4.60013.60; . ateera,
$1.A011.76: calves. lt.80O16.00.
Hogs Receipts, T.808 heatf: opening, 15
O26o lower; top,.. $14.10; bulk, $13,250
14.10.
Sheep and' Lambs Receipts, 1(00 head;
market. 26c lower; ewes, $10.0001100;
lamba, $17.00Q13.16. ' -
" Pries V Fetal. .
Chlcare. May It. Potato Steady: re
ceipts. 17 cars: northern white, sacked
and bulk. $7.t60T.6: Canadisn. $6,000
;6:-new. firm: Florida barrels No. I.
$1 ;.): No. t. $i4.76tJ13.;6; Leuitaoa TrU
umpht, $1.8$ xwt .
Financial
GljtNmilirrkeiatJ.
Chicago Tribune-Omaha Be Leased Wire.
. New York,. May lSV-Vrhe stock
market acted today as though it was
standing aloof from events in the
field of wholesale prices and 'of
bank credit, waiting for the shaping
of new and probably far-reaching de
velopments. ; ' ' ."
Business was duller, than in any
full trading day for more than a
yent.t Quotations were inclined to
ward a lower level, with the more
substantial movements in industrial
issues classed as "nventory" stocks,
representing corporations whose
great scope of activity in the last
two years has necessitated the up
building of large stores of materials
or fjnished goods. The market was
not 'weak, however, and final price
irregularities drslosed little more
than diffident operations of the pro
fessional trading element.
In the Liberty bond market, on th
other hand, there waa evidenced the play
of forces whkh reached out into the
merchandise markets of the jntddle-wet
as well s luto localltiea everywhere
whose industrlsl undertaklnga have of late
come under the retarding power of ad
verse railroad transportation. Th heavi
est of the year occurred which took no
account of dnvestment values and repre
sented to a larg degree the liquidation
of securities by corporations and Indi
viduals who need working capital and cash
to replace bank loans.
Rumors Qnlcken "Movement.
The movement was facilitated by rumors
thst the federal reserve bank was con
templating an Increase In the discount
rate on paper secured by government war
Istues from ii to 6 per cent. Th latter
factor, however, was a secondary consid
erstion. It seemed to be more than a coincidence
that a audden great expansion of the Lib
erty bond and Victory note sales came
immediately after the receipts of news that
the cut campaign was msklng extraordl
nn hari,av ,t nmih, and other cities
of the Interior. It is clear enough that'
merchant are desirous of reducing their
atotks and back of thia Ilea two explana
tions: First, banks are Insisting upon a
reduction of loans on many aorta of gods,
and, second, the public movement toward
economy as a. protest agalnt prices higher
than the household can stsnd. It hardly
needs to bo repeated that when borrowers
st the banks find It necessary to reduce
their bank accommodation they either have
to raise capital by other means or cut
down their holdings on products which
the loans represent. Ooods cannot be dis
posed of over night and so capital, re
duced through one means musf be replaced
iu part at leaat, through, anotTier..
New Basis Near.
The country Is evidently approaching
a new basis for doing business on a lower
stale of prices and It would seem de
pendent to a great extent upon the
untanglingu of railroad freight difficulties
as to the length of time which will bo
ntcessary In reaching this basis. Today'a
turnover of $27.00),00 of government war
ts.s'ues was considerably more than 100
per cent in excess of the sales of Mon
day. In the grain market aharp de
clines of corn and oala- disclosed liqui
dation her and provisions also moved
off. -
The fall of the war bonds naturally
had depressing affect upon the entire
Investment market. The promising out
look of, last week fon addition sound
railroad note Issues wss- changed some
what and aentiment In investment circles
Indicated the possibility of higher rates
on forthcoming Issues and the 7 and 7H
per cent state recently prevailing. In
feet, bankers Interested In the proposed
flotation of $25,000,000 or more Belgian
government lonaterm bonds mentioned
an 8 ner cent couDon .rate as a. possible
flcure for the offering. The tightness of
credit did not nave reflection in tne can
money market today as the rate moved off
from 7 to 6 per cent under, a light de
mand. "
French, Belgian and Italian exchanges
wer again strong, reflecting discussion
of preferential measures in respect to
tne sorrowings or tne otner a 1 ilea coun
tries from Great Britain, Franc at Paris
moved against London. Sterling at New
York declined l'.ic under dull trading. .
New York Quotations
Number of shares and range of prices
of the leading stocks furnished by Logan
ft Bryan, Petera Trust building:
RAILS.
Yeater-
High. Low. Close, day.
A., T. ft S. F 7i 78'A 78U 79
Bait, ft Ohio..... 33 S2V. 32 .3314
Canadian Pacific 116 1144 114 115H
N. Y. & H. R. . ... 6Si- 681, 681 68 4
Erie R. R ......12 -11 11 - Jirt
Ut. N.. vt&.:.f.. ...... 73
Chi. at. Western.. 8 7 8 ....
Illinois Central .. 85 U SSVh 83 86
Mo., Kan. ft Tex.. 1 7a 7ft,
Missouri Pacific. 24 23") 24 24
N. Y.. N. H.4 H. . 28 '4 28 li 28 '4 28
Northern -Pacific,. 74'4 74 73U 74
Chi. ft N. W 78 i 78 78 784
Pennsylvania' Ry.. ssi ssi as ssii
Heading Co 8i4 83. 854 86
C, R. I. ft P..... 35 34 35 34
South. Pac. Co...,. 95 84 94 84
Southern Ry 21 21 21 .zz
Chi.. MIL ft St. P.. 33 33 33' 33 .
Union Pacific 116 116 118 116
Wabash 1 7, .:? ..3
STEELS. - . -
Am. Car ft Fdry.lSl 131 131 131
Allis-Chalmers . . . 33 - 33 3i 83
Am. Loco, Co..... 94 , 9:i , 93 33
Utd. Alloy Stl. Cp. 41 41 41 41
Baldwin Loco Wks.116 114 116 114
Beth. Stl. Corp... 91 90 .61 .81
Colo. . Fuel ft Iron. 82 30 30 31
Crucible Stl. Co.... 133 136 138 137
Am. Stl. Fdrys.... 18 39 ,16 :88
Lackawana Stl.. . . 74 i. 74 74 74
Mldvale Stl. ft Ord. 43 42 42 . 43'
Pressed Stl. Car:.. J s .
Rep. Iron ft Steel. 93 2 92 93
Rnll'y Stl Spring. 92U 6i 92 .
y. S. Steel 84 $3 94 94
COPPERS.
Anaconda Cop. M.. 66 66 66 56l
Am. Smlt. ft Rfg.. 60 68 68 69
Butt ft Sup. Min.. 23 22 22 '
Chile Copper 16 16 15 15
Chlno Copper ..... 31 31 31 31
Insp. Cons. Cop... 51 61 61 62
Kennecott Copper. 27 26 26 27
Miami Copper Co 21 211 zi zi
Nov. Cons. Cop. Co 13 13 13 12
Ray Cons. Cop. Co 17 17 17 17
Utah Copper Co.. 68 67 68 , 67
INDUSTRIALS.
Am. Bt Sugar Co. 93 93 93 93
A Q A W I S S 188 164 165 166
Am. Internet Corp 89 87 87 88
Am Sum Tob Co.. 31 30 30 36
Am. Cotton Oil..., 42
Am. Tel. ft Tel... 13 89 13 3
Am. 2., Ld. ft Sm ... 15 .
Brooklyn Ran. Tr. 12 12 12 ....
Bethlehem Motors. 21 2t L ! 21
American Can .... 40 40 40 40
Chandler Motor. ..136 133 133 134
Central Leather.:. 70 68 63 68
Cuba Cane sugar. 63 sz . 52 6Z
Cat. Packing Corp. 74 - 74 74 76
Cal. Petrol, Corp.. 11 31 81"....
Corn. Prod. Rfg.... 85 34 84 ....
Nat En. ft Stamp. ........... , 1 .-. . 68
Flak Rubber Co.. 30 30 30 '30
Gen. Electric Co.. 141 140 141 140
Gas'n Wma ft tVlg 12 12 .12. 12
General Motor Co 27 27 '27 ' 27
Goodrich Co. 6t61 61 61
Am. H. ft Lthr. Co is 16 19 19
Ha, ft Brkr. Car 82 62 61 62
U 8 Ind. Alco. Co 87 85. 88 86
Inter. Nickel 18 16 16 18
Inter. Paper CO.. 71 76 71 71i
AJsx Rubber .... 84U
Kelly-Sp'fleld Tire.110 109 109 109
iveysion xire a n. 2si zsl zs xs
Inter. Merc. Mar.. 32 81 32 '82
Mexican Petroleuml82 180 180 180
Middle States-Oil. 31 30 81' 30
Ohio Cities Gss... 40 39 40 40
Willys-Overland .. 18 17 13 18
i-ierce uu uorp.... lsii is 16
Pan-Am. Pet. ft T.108 103 103 102
Plerca-Arrow Mot. 64 63 64 54
Royal Dutch 117 114 116 118
U. 8. Rubber...... 95 84 34 35
Am. Sug. Ref. Co. 131 130 130 129
Sinclair Oil ft Rfg. 14 34 14 14
Sears-Roebuck Co... .215 216 216 ....
Stromb'g Carb Co. 61 67 67 67
Studebaker Co.rp.. 78 6944, 66 70
Tob. ProducU Co.. 67 66 66 66
Trans-Con. Oil.... 16 16 ' 16 ,16
Texaa Co..,. 48 -47 - 47 476.
U. 8. Fd. Pr. Cor.62 63 . 624k 61V
U 8. S. Rfg. ft M. 40 . 40 . 60- 66
Whit Motor Co.. 63 61. 61 63
Wilson Co., Inc.. 65 ,.66 1 65 66
Weat'se El. A Mfg. 47 46' 47 47
Am. Woolen Co.. 110 106 108 10'
Total sales, I58.I0O marts.
Money High. 7 per cent: low. $ per
cent; close, S per cent; yesterday' close,
$ per cent : " - n ,
Mark Close. .$J07e. . - '
Sterling Clou, $3.83.
Cottoa Fntaraa.- -
New York, May 1$. Cotton . futures
rinsed steady: "May, 4l.l6e: July, 1 9.33c;
Ottober, 36.56c; December,' 16. 66c;- Janu
ary. 84.30c; spot cotton, ateady; middling,
42.60c .-, ' - !
Prleo f Coffea.
Kw Terk. May 11. Coffee Rio Nn. ' t,
16e: future, oasy; July. 16.40e; Beptair
bor. 14.140,
Omaha Grain
; V Omaha. Neb. May II.
All grain prices suffered decline today.
Practically all trading up to a lata hour
wa In cprn, which .waa off from lc to
6c, generally 3c to 4c There was only
a fair-demand for this cereal at the' de
cline. Wheat aold cloudy. Tfce market
waa off 2o to 4c. Exporters were again out
ot the market Considerable remained un
sold at the close. Oats wer oft lc. Ry
waa 6c lower anV barley nominally 3c oft.
Cash sale wer: . '
WHEAT.
- No. 1 .hard 1 car, 33.03. 1 . .
No, 1 hardri.ear, $3.01 : 1 car; $3.00. "
' No. 4. hard, 2-6 Car, $.265; 4 cars, $2.3!.
No. I hard, 1 ear, $2.30;letfr,-$2.38; 1
car. $2:87; 1 car, $2.86.' ,
Sample hard. 1-3 car. $2.65.'.
No. $ spring, 1 car, $3.05, (dark north
am.) - -. 1 .. ' , ..
K- Sample spring, 1 car: $2.60. ';
. t 1 tuo.
:-No. . 2 'white.' J cars. $1.98, (shipper's
welghtsf; 2 cars, $1.88; 1 car, J $1.37,
(shipper's weights.) -
No. 3 white. 2 cars, $1.97. (loaded out):
1 -car, $1.96, ((shipper's weights); 2 car.
$1.66; 1 tae.;.31.S; 1-5 car, $1.91. -:
No. 4 white. 1 car. $1.93. '
I'Ns. 2 yeljow, 1 car, $1.88; 2 car,
$2.98.
No. 8 yellow, 8 cars, $1.96; 2 cars, $1.14;
1 car, $1.93. -
No. 4 yellow, 1 car, $1.93; 8-5 car, $1 91.
No. 3 muted. 2 cars. $1.94; 7 cars,
$1.93; 2 cars, $1.9.1. (shipper's weights);
$1 S1"' ahlPPr' weights).; I car,
No. 4 mixed, 2 cars. $1.81". ,
No. 6 mixed. 2 cars; $1.87. '
v . OATS. ' .; .
No. 8 - white. 9 ears. $1.08; 1 car,
$1.08, (shipper's weights.) . . .
No. 4 white, 1 ear. $1 08.
Sample mixed, 1 car, $1.07. (oat and
barley.)
"' -; RYE. ,' ' , v' .
: No. 3, I 1-5 cars.. 32.0,3;. 2-3 car. $2.62.
- No. 4, 1 car, $2.03; l.car, $2.03, (musty.)
CHICAGO CAR LOT RECEIPTS.
Weak - Year Cont'd
- . Today Ago Ago Grade
Wheat 11 - ix 4
Corn ;'. 160 . 53 81 107
Oats 87 ' 127 102 83
KANSAS .CITY RECEIPTS.
Today Ago- Ago
.. , i Week ' Year
W'heat 89 56 19
Corn Ji 30
Oats 23 21 44
ST. .LOUIS RECEIPTS.
Today Ago Ago
. Week Year
Wheat .' 1.1 .84 110
Corn 28 37 16
Oats : 47 49 36
NORTH W'ERN RECEIPTS OF WHEAT.
. - - . Week Year
. , ' ' , Today. ago. ago.
Receipts
Minneapolia . . r. ...".21 128 " 165
Duluth . ...... ... .37 39 , j
Vvinntpeg 267 358
PRIMARY RECEIPTS AND SHIPMENTS
Shipments . . - Today. Yr. ago.
Wheat... : 643,000 603,000
t"r ....473,000 . 23,000
Pts ' 633,000 603,000
EXPORT ' CLEARANCES.
V.'heat 631,000 , 624,000
Oata 192,000 20,000
OMAHA RECEIPTS AND ' SHIPMENTS
Receipt Today. Wk, Ago. Yr. Ago!
Wheat 44 66 - 19
i-om 2 2s 30
Oats .28 . . 21 44
Rye i;...l j 3
Barley. 3 ( . 4
, Shipments v .
Wheat ... .....43 ". 44 18
Corn '....,..'.38 .-- 44 27
Oats 15 17 11
Barley , , , j
- . '
Complete figures covering wheat and
flour movement throughout ' the United
States for the week . ending May 7 In com
parison with figures for previous week
and the sain two week -a year ago:
Wheat receipts from farms, bushels,
1920. 6.086.yoO; 1919. 2,168,000.
Wheat receipts from farms previous
week, bushels, 1920, 6,633,000; 1918, 1,986,
000. Wheat receipts from farms. June 27 to
May 7. bushels, 1S20 747,791,000; 1918,
71S.61.000. - .
Flour produced during week, barrel.
1920. 1,895.000: 1919. 2.653.000.
j Flour produced previous week, barrel,
'1920. 1,893,000; 1919, 2,766,000.
riour pwaucea, June 27 to May 7, bar
rels, 1820, 116.070,000; 1819, 107,095,000.
Total stock -wheat , all ; elevators and
mills, bushels, 1920, 127,006,000; 1918, 85,
351. ooe. ... . -
Total stocks . wheat all elevators and
mills previous -week; bushels, 1920 134,
651.000; 1918. 106.732.000. . i
Chang for week, decrease, bushels, 1920,
.845,00ii; r9l. io.m.000.
. " Export of Wheat and Flour.
Exports of wheat and flour Julv 1, 1919,
to May 7. 1820, amount to 98,961,000 bush
els of wheat and 1K,J44,000 barrels of flour,
making a total equal to 172.609,000 bush
els of wheat compared with 161,443,000
bushels of wheat and 23,371,000 barrels of
flour last year to April 80, 1919, making
a total of 256.614.000-bushels of wheat.
Last year's total flour exports include
American relief administration and Ameri
can exnedltlonary forces shipments. - 1
Pacific Coast Crop Prospects Puget
Sound millers. who have been, selling con
siderable wheat for export' to Europe be-
local Stocks and Bonds
Quotation furnished by. Burns, Brlnker
ft Company.; ,.' - -.
i 1 , . STOCKS, H .
!. j : I Bid. . AAked.
Beatrice Creamery, coin ....... ' 307
Burgess-Nash 7s, pfd. .1923-42. 9 100 -Eldrcdge-Reynold
Co. 7s, pfd. 99 f H0
Oidch Food 'Prod, pfd 67 30
Harding Cream .7s, pfd 100
Orchard ft Wllhelnvfs, pfd... 68 101
Paxton ft Gallagher 7,. pfd., 100 101
M. C. Peter-Mill Is, Pld... 101
Sthr.-WUllams P. Co. .7. pfd 39 100
M. 10. Smith D. O. Co. 7s, pf'143 101
Standard Potash Co., ' 95
Thnmpson-Belden ft Co. 7s, pfd 98 , ' 100
Union Pw. ft Lt. 7s, pfd., 1927 i 36
Union Stock Yards, Om. 88- 100
BONDS. V :
Rooth, St. Louis 6s. 1931... 88 90'
Cuba Cane, Sugar 7s, 1930,.. 86 . 99
French Cities 6s, 3934....... .. 89 90
B. F. Goodrich. Co. 7s. 1926.. 96 . 96
Hill Hotel Bldg. 6s, 1921-30 , ,, -6.40
City of Dm. Renewal 4s, '84... 8.00
Omaha Athletio. 6s. 1322 96 '.' 99
Oni. A C. B. St. Ry. 6s, 1928. 74 ' .'. ' 80
Slcux City Tel Co. s, 1924. ..'.;. 3
Sinclair Consol. Oil 7s, 1926 67 . 98
. Nw York rrodnc. '
' New' York, May 18. ButUr Irrsgular;
creamery higher than extna. 63y64o;
creamery extras, 6tU63c: creamery
flists. (61 to 31 score), 66$te; pack
ing atock. current make. No. 2, 40 tic.
Eggs Irregular;, firsts, 46 0 46c; other
unchanged.
Cheese Firm; unchanged.
Llv Poultry Steady; ftfwls, 42c; old
roosters, 25o; dreed. quiet; fowl, fresh,
31 42c; others unchanged.
, . . ... . . , . ( '.
, Minneapolis Flour.
Minneapolis,- Mian., May 18. Flour
Unchanged. .
Bran $63.00.
' Per cent. 1 ' - ' ' . .;
Kansas City Produce, i ; '
Kansss City, Mo., May 18. Butter,
eggs and poultry unchanged.
lleve that such- sales will gradually
diminish from now, on and disappear alto
gether. European crop will come in for.
harvest In July snd August and it Is be
lieved that purchases of wheat -In this
state during the past 69 days wer for th
purpose of. tiding tbem over until the new
crop come In. Flour selling for. $11.35
per barrel here. Wheat prospects In
Washington much Improved.- .Rains- dur
ing the past week have been beneficial.
This- week growing' has been favorable.
Other grains much Improved. Spring
seeding In most section practically com
pleted. .Sowing of oats ha begun In low
lands. ; -, ' x
Valuable Information
Sent Free
Write today for a copy of our
booklet , entitled, "Oil Lease
Questionnaire." It explains "Oil
Leases" in detail how they are
secured how they are disposed
of at big profits how the big
interests operate, etc. Write to
day Dept. A. -
THE INTER-STATE
COMPANY
207 South 18th St., V
. Omaha, U. S. A.
Open Evenings
We Offer
$500,000.00
American
Bank
Building
8 Ptrt&pttiaf
Preferred Stock
Tax Tree in Nebraska
Exempt Trom Normal
Income Tax
Non-Auessable
QaiivU v eal Estate is h basis of all . material
aVVMlllJ
wealth. No investment can offer better se
curity than well located business property. -'
.-. v The American' Bank building site is located in the
heart of Omaha's- business, activitiei; therefore the safety
of the inyestment is unsurpassed. -; ..y ;
Farnmfr i'Pnwap The rental income of the American
Eulling l OWCr Bank building has been very conserv
atively estimated as more thaij three times the dividend
requirements. These securities yield 8 as . minimum,
J Ai . A. - 1. - A I. - i ii. .
ana participate an lue earnings oi xne company.
flniiAi4iinUv aus,; vieweqiromevery angle, jSAJjjTi
vPP?"uniy' of Pteipal, ; its earning capacity,; and
ot 8 OB BETTER returns, we ,i eel that no
certainty
investment offered the general public can compare with
these 'AAlJbHIUAN BAsiK BUILT)ING securities.
Offered in Amounts of 1500.00 or more. Terma if desired.
For Foil Information address t
ericah Bank Building Co.
Room 6, Wead Buildms '
. Omaha, Nebraska.
An Excdinlr
Attractiva
Naw Offering
) I
x $15,000,000
Canadian National
Railways
7 Equipment Trust Notes
Peter Trust
BuiMin,
. Du May 1, 1035
Exampt 2 Normal Incoma Tax
THIS is an unusual investment op
portunity deserving of your im-.
mediate consideration. t
We call your attention to the fol
lowing features of this issue:
1. Each note guaranteed by en
dorsement by the Canadian North
ern Ry., which is owned by the
Dominion of Canada. '
2. These notes are not callable
before , maturity, assuring tha in
vestor a very substantial apprecia
tion in price under normal condi
tions. ...
3. Payable in gold in Philadel
phia. Prie 99 anal Int. Yialdinf
7.10. Offer! Strictly Subject
Prior Sal.
Peters Trust Coi
HI
jh NEBRASKA NATIONAL BA
.v ,-
Here is Sane Speculation
J;Z iNo Profiteering
Your dollar, according to its present
buyj ngs power, is worth 35 cents now.
Before long,; and; riot a great way off
- either, it vviil be vorth 100 cents again.
Start saving tliem now and make that
two hundred per cent. . .
Holding dolliars iis the jbest investment
in the world ;.ar this time. Begin right
awayvwith .adeposit in this bank.
Nebraska National Bank
Omaha .
New Location, Douglas at Eighteenth
6
Fbt
Mortgage
Bonds
Owned and.
Recommended
by HOME
BUILDEES
Tax Free In
Nebraska
Secured by
Tint Mortgages
on Active
Business r
Properties in
- Omaha
YOUR, business judgment will
approva the value of the first
mortgage bonds owned and recom
mended by HOME BUILDERS.
When you understand bow the
safety Of principal and ; interest ii
assured, you will realize that these
bonc(s are a safeand profitable, in
vestment. . - ; .
Put your money in .
a safe pltct and Itt
' Tt work for yon..
Call at oar offieN write or f keie
ler eevflete iafomaHoB.
American Security
Company
- Fiscal Agente -....
Dodge, at 19th
vxuaus ntuisss. iiv
C. CSkiner, See. 6. A. lokrboae; Pre
Hot Invest io Full Paid Stcsh?
first Heme Mortgagee aa Securities.
Dividends Declared QUARTERLY.
Check mailed promptly.
QceistRtil luiliiiig and Liir Ausciatitn
322 So. 18th St 32 Years in Omaha
...... . . . . -. -
We Specialize in the Careful Handling of Orders fee
. - v 5 . .. . ,
Grain arid Provisions
- - -FOR '- '' ' -
FUTURE DELIVERY
All Important Markets
. WE ARE MEMBERS OF -
Chicara Board ( Trad . . St. Louis Mcrcaanta Eackanga
Mirwauk Chanbar af Cenunare Kanaaa Cltjr Board of Trad
Minneapolis Chamber af Cammerc ' Sious City Board of Trad
Omaha Grain Exchange v i ' "
WE OPERATE OFFICES ATL
OMAHA, NEB. .CHICAGO, ILL. , GENEVA. NEB. '
LINCOLN, NEB. SIOUX CITY, IA. - DES MOINES. IA. '
HASTINGS, NEB. - HOLDREGE, . NEB. MILWAUKEE. WIS
ATLANTIC, IA. , HAMBURG, IA.
AU af thst office ara coanoctod srith aaeh otkar a? pHvat win.
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. ., Cleaning,
Transfering, Storing,. etc. , ' v s ;4 . : .
v It will pay yoa to ft ia touch with oat of onr of f ie :
, whaa waatiwg to BUY SELL aay Idaol of graia.
. '.- ' ' WE SOLICIT YOUR ' '.
Consignmentf of All Kinds of Grain
to OMAHA, CHICAGO, MILWAUKEE aad SIOUX CITY
Every Car Receives Careful Personal Attention
ThcUpdiko Grain Gonppny
THE RELIABLE CONSIGNMENT HOUSE
J,
8 i
v-'" ,;
t 1
i