Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (June 15, 1920)
THE BEE: OMAHA, TUESDAY, JUNE 15, 1920 Market and Financial News of the Day Live Stock Omihi, June 11 Receipts wre Cattle. Hose. Sheep. Monday oatlmate ... 4,700 11,000 1,100 8me dsjr last week KID 10,104 S.440 Sim (lay 1 wits ago 1,370 11, ISO 15.160 Bam day t wki ago 1.14 10.144 4,(tl Sam day yar afo 1.34 11,430 1,4(0 Receipts and disposition of !1e stock at the Union Stock Tarda. Omaha, Nab., for 24 boura endlnt at 1 p. m.. J una 14, 1910. RECEIPTS CARS. Hn Cattla Hp 8hp Mia C. M. Ft. f 8 f Wabaah 1 Union Pacific 4 14 ... C. A N. W , silt 14 1 C. & N. W west.... 4i 40 C. Bt. P., M. A O... li 40 1 ... C, B. A Q, fait.... C, B. & Q., wt..., 31 24 C. R. I. ft P., east... 14 S C. R. I. A P., west... 1 Illinois Central 1 3 Chi. at. wot 4 Total Receipt! 225 111 DISPOSITION HEAD. II Morris A Co Swift A Co Cudahy Pack. Co... Armour A Co Si h wart i & Co.... J. W. Murphy Lincoln Pack. Co... So. Om. Pack. Co... Hlgfins Pack. Co... John Roth A 6on, . . Mayerowich A Vail. . Gliissherjr P. o Dea Wilson A Co F, i Lewis Hunialnjfr A Oliver J. H. Bulla R. li. Burrus A Co. . RosenstocK Bros F. O. Kellogi Werthalmer A Deceit Ellis A Co Bulllvan Bros E. O. Chrietla John Harvey Jnnsen A Lunrlfren,. Om. Pack. Co Midwest Pack. Co... Cudahy Bros. Ogdert her Buyers Cattla Hni Sheep 41 1,331 833 1,143 1,911 35 860 2.484 1,114 1,341 1,4114 743 104 J.B47 27 80 39 34 14 45 14 268 ... 7 23 12 34 113 41 169 32 17 74 493 44 31 10 320 113 702 1,361 6.115 11,008 4,344 Total 6.115 Cattle Cattla receipts were moderate today, cstlniate.1 calling for 4,700 head or 600 lesa than for. the corresponding day last week. It waa a dull slow market on all grades of cattle and the decline which set in last Friday kept up. On tha early rounds soma of th best atuff sold to order buyers at pretty close to steady prloea hut the bulk of th offerings was reported lover with a great many 2 5 50c below Friday. Best heavy steers brought S16.10 16.16; cow stuff was ajso slow to mov at an irregular rang In price, being chiefly 2540o lower. The etneker and feeder market was full with prices about steady, although stock cows and heifers were considerably lower. Quotations on Cattle Good to choice beeves, 116.50 1(1.26; fair to good beeves, I14.754T 16.60; common to fair beeves, I13.75H.75; good to choice yearlings. IH.00iSil6.00; fair to good yearlings, 114.33 011.26; common to fair yearlings, 112.00 4X14.00; choice to prima heifers, 813.50 14.25; good to cholc heifers, 118.76 13.35; fair to good heifers, 111.50 12.60; choice to prime cows. $12.26 12.76: good to cholc cows, $11.00 12.00; fair to good cows, 19.00010.76; common to fair cows. 1S.003I7.60; choic to rrlme feeders, $10.00 11.00; good to ohotce feeders, 19.25 10.00; medium to good feeders, II. B0g.26; common to fair feeders, $7.608.50; good to choice stockers, $10,006)10.76; fair to good stockers, $9.00010.00; common to fair stockers, 17.250S.76; stock heifers, $7.35 9.00; stock cows. 17.008.75; stock calves, 7.5010.00; veal calves. 19.00 14.00; bulls, stags, etc., 7 00 (31 1 2.60. BEEF STEERS. No. Av Pr. No. Av. Pr. 1064 $12 017 0 $14 41169 3 .1058 113 00 17 1149 $14 25 .1212 14 (0 27 1167 14 75 18 1231 20 1093 20... 21... 14... 21... .1074 .1168 .143$ 14 75 16 26 18 15 BEEF COWS. 16 00 16 60 .... 19.... 12 10S9 9 llOh $98 856 11 544 6 780 13 714 2 1160 1 1390 4 335 5 306 1 SCO 4 113 1 160 .. 868 ..1081 .. 975 .. 818 ..1061 ..1138 820 965 97 8 00 9 50 10 00 10 60 11 86 12 00 T5 11 25 11 li 7 35 8.. 8 76 6.. I 74 4.. 10 25 16.. 9 943 10 OS 20.. 1087 11 50 5.. 6 1312 13 00 HEIFERS. 4 26 S.. 10 00 6.. 11 60 6.. BULLS. 7 IS 1131 8 00 I 00 CALVES. t 00 17...... 429 10 00 10 60 7 160 11 00 12 00 t 221 12 25 13 25 1 155 13 50 14 00 Hogs Hog receipts today war esti mated at 169 loads or 11.000 head, show ing a slight Increas over last month. Trad was very active at pricea that were quotable steady to 16o higher than Satur day. Mixed loads, especially lights, did not meet so broad a demand. Bulk of to day's sal waa $14.00814.60 to packers, although shippers purchased quits a few from $14.50 to a top of $14.90 for full loads, pieces reaching $15.00. Hoaa. Sh. Pr. No. Av. Sh. .. $13 65 53. .326 No. Av. 23. .455 11. .277 80. .225 21. .289 68. .221 11. .187 49. .136 14. .178 40 lid 14 00 14 25 14 35 14 45 14 65 14 85 II 00 20. .144 64. .231 !..! 73. .230 31. .341 19. .246 70 40 40 Pr. $1186 14 10 14 30 14 40 14 80 14 75 14 10 Sheep Th week opened out with a run of about 9.300 sheep and lambs. Th of ferings consisted almost entirely of spring lambs from the western rang, Oregon and Idaho contributing 26 loads and about seven cars coming from California. No fed shorn lambs of consequence wer re ceived. Trad was slow in starting but fli-ally settled down to prloes generally stesdy as compared with thos paid at last week's close. Oood western lambs landed around $17.0017.2l with desir able feeders In fair demand up to 13c. A few breeding ewes went to th country at 18.6069 25 with fat ewes bringing $8.00 and better. . Quotations on Sheep and Lambs Fat wooled lambs. $14.00017.25; fat shorn lambs, $14.501.00; cull lambs, $9.00 10.60; yearling, 311.00 S 12.60; shorn ewes, 3T.75.fi S. 60; ewe cm Us and canners, $2.00 5.00. FAT LAMBS. No. Av. Pr. No. Av. Pr. 48 63 $1$ 60 66 $12 60 I330r.... 63 17 50 EWES. II Ill I 00 8 106 6 00 si Chicago Live Stock. Chicago Jun 14. Cattle Receipts, 16, 000 head; beef stenrs steady to 25c lower; top, $17.00; mixed yearlings, 116.26; bulk, all weleht. $M.00ffil4.6O: few cholc cows and heifers steady; other sh stock 25c lower; soma medium heifers off more; bulls and calves, steady; stockera ana leeaers. jwlnwer. ies ReeelDts. 37.000 head: market opened 1026o higher; closing weak; 10c lunar than nsrlv: ton. 315.65: bulk, light and llsjht butchers. $15. 16015. 60; bulk, 160 pounds and over, $14.35 16.25; pigs, most ly 25o higher, with bulk $12.00013.26. Sheep and Lambs Rsceipts, 12.000 head; mostly direct to packers; spring lambs, strong; 60c higher; other lambs mostly steady; prim Idaho spring lambs. $11.60; natlvt springs, mostly $14.60017.50; sheep strong; cholc ewes, $8.2508.60. Kansas City Live Stock. Kansas City, Mo., June 14. Cattle Re ceipts. 15.200 head; beef steers and fat sh stock steady to 25c lower: few sales off more; top yearlings. $16.30; best heavy. $16.20; bulk, $12.00015.50: canners and bulls, Steady; calvea and stockers. stesdy to 6O0 lower; bulk vealers, $13.00011.60; extreme top. $14.60; feeders, steady. Hogs Receipts, 8,000 head; market generally 25036 higher; top, $15.25; bulk lights. $14.50015.00; bulk heavy and medium. $14.75016 10. ...... . Sheep and Lambs Receipts, 4.000 head: better grades, steady: other grade, weak to 25o lower: bulk, good and cholc spring lambs, $16.00916.25; top natives, $17.00; Texas yearlings. $11.75. St. Louis Lire Stock. East St. Louis, 111.. June 14. Cattle Receipts. 8.000; general steer market 15 to 60 cents lower; top steers. $11.60; bulk, $1.1.00015.00; yearling steers and heifers steady to 2a cents lower; canners. cows. 25 cents lower at 14.5005.16; bulls 35 cents lower; calvea steady; good and cholc vealers. $11.00014.60. Hogs Receipts 8,000: market closed weak, early advance lost; top, $11.80; bulk light and medium, $15.15016.15; bulk heavy. $15.16016.40. Sheep Receipts, $.600; market stesdy to strong; top spring lambs, $17.06; bulk, I1S.0AQ16.1B: top iww, $8.00; bulk, $7.00 $.00. Visible Grain Supply. cf American snd bonded grain In th UPliea Diliv, III" " m luiiuwui, mange. Wheat Decrease i,ui,uuv ousneis. Com Decreased 51,000 bushels. Oats Not received. Rye Decreased 665.000 bushels. Barley Decreased II.004 bushels. Chicago Grain By CHARLES D. MICHAELS. CbJesvf Tribune-Omaha Be Leased Wire, Chicago, June 14. A reversal in the market position of everal strong commission houses resulted in local short-sellers of corn and oats being run in before the close. Lowest prices were made at the start, while the finish was at the top with net gains of 2'42'ic on corn, ?4c on oats, l?44J$c on rye and lljc on barley. The pit element sold corn early on reports of good rains over part of the belt, prices dropping about lc. On the decline some of the larg est sellers of last week became heavy and persistent buyers. Prices gradually advanced as the surplus was taken off the market. Receipts of cash grain were much smaller than expected, being 210 cars, and sample values after being 2c lower early, closed J4lc higher. Slow at Time. Trade was rather slow at times, ths market needing some new incentive. Weak ness in stocks had little effect. Crop report on th whole wer very favorable, the dry hot weather forcing rapid growth. Country offerings were not large. Profit taking In volume continued In oata by the best sellers of last week, but while rain fell over northern Illinois and parts of Indiana and Iowa, ther waa suf ficient apprehension on the part of the trad as to damago In other aections to make a stronger market Trading la rapidly getting out of the July Into September. The former fluctuated very rapidly on small orders, but the undertone was firm from the start. Sample valuea were unchanged to 2c lower with receipts 82 cars. Houses with seaboard connections bought July and sold September rye at 19Hc to 25c difference, the spread at the last being 2444c against 21Wc Saturday, July showing congestion. Export bids wer withdrawn, although messages from th seaboard quoted buyers for October to December shipment with th continent In the market. Cub Demand Bettor. Offerings small. No. 2 on track sold st $2.29. Receipts, 2 cars. Barley prices were unchanged with a fair demand. Spot sales were at $1.6401.60. Receipts, 17 cars. Demand for cash wheat from abroad was somewhat better with sales at the gulf for last half of Jun at $3.0it last half July, $3.03; snd last nair August at 13. A sal of 60.000 bushels was mad c. I. f. Georgian Bay at 12.91, up lo from Saturday, and charters were mad for it at mo. Th continent asked for offers tor October to December shipment. Spot wheat prices wer firm with sales of No. 2 red here at $2.96. No. 1 hard at $2.8302.85 and No. 1 northern at $3,000 3.13, latter for dark. Receipts, I car. Minneapolis unchanged to 6o lower, latter on poor cars. rit Notes. E. W. Wager A Co. have th following from their crop expert, R. O. Cromwell, now in Nebraska: "Beat weather for wheat without rain this section (Omaha). Will be in aarly milk in two or thre days and then rain will help It. Oats in Iowa and eastern Nebraska would not need rain for a week were they further advanced. No damage evident now. On this hot weather, however, they will not make beat nroaress. Ble north half nf Tnw looks like a normal yield, but eastern Nebraska and southern Iowa reaulrea rains and some cool weather." Ther are more than 13.000 cars of all kinds of grain In th territory covered by the Rock Island and Santa F awaiting transportation. On th Santa F th bulk is wheat while on the other road It is largely corn and oata in Iowa and wheat west of th Missouri river, extending into Oklahoma and north Texas. On th basis of supplies on other roads there should be the equivalent of 50.000 cars nr mn of grain awaiting cars for movement to maricei. mis is all old grain and Indica tions are the movement of old whi alone will be Impossible before the new crop Is available. Shippers report 142.000 bushels oats can celed by the east this morning. Corn cancellations were $0,000 bushels. A Davenport, la., messum tn a UaAfn elevator house aays: "On a 150-mile tour through country found oats In splendid condition: corn knee high and In excellent shape; wonderful Improvement In last two weeks. Dealers here report planty corn in farmers' hands and anxious to at where prlo Is right." John Inglls of Logan A Bryan writes from Parsons, Kan., a follows: "Oats acreage Is very large everywhere; early oats are headed and Improving. Present wramer rainer lorcing. j.ate oats thin and weedy and heading very short. Corn Just got started, fields clean and splendid weather for cultivating. Still planting; it seems evsry odd acre Is going to be put Into corn. Farmers seourlng hay In good condition; only drawback la that ther is an epidemla of whit top in both timothy and clover, which detracts from Its com mercial use value. A local prominent commission house un loaded a carload of September oats in the pit this morning and bought corn In Its place. It Is reported the British are after wheat to resell to Germany. CHICAGO CLOSING PRICES. By Vpdlk drain Co., Douglas 1627. Art'es Open High. Low. Close. Yes, Corn J I I July 1.71H 1.74U 1.70H 1.74HI 1.71 Sept. 1.62 1.644 1.61H 1.645,1 1.61 July 2.114 J.16HI S.11H L1HI I.UH Sept. l.slVi 1.13 1.49 1.921 l.iifc Osta ' I I July 1.01K 1.02 f 1.01 1.02! 1.01 Sept. .84 .8494 .tl .141 .84 Pork I t July 34.6 34.60 114.40 34.55 114.(0 Sept. 25.70 16.00 l5.70 36.15 35.70 Lard I I ' I July 30.15 120.85 120.72 120.10 130.77 Sept. 21.10 21.10 21.67 21.76 21.67 Rihs till July 11.35 18.35 11.11 lll.lt 111.16 Sept. 19.20 119.21 jlt.1T ll.21 19.10 Minneapolis Floor. Minneapolis. June 14 dnunTTn- changed. Bran $61.00. Wheat No. 1 northern, $2.9603.06, Corn $1.6901.71. Oats $1,08 4, 01.054,. Barley $1.2001.58. Rye No. 2. J2. 31402. 33H. Flax No. 1, $3.86 H0 1.11 H. St. Louis Grain. St. Louts. Mo., June 14. Corn July, $1.764, ; September. I1.66H. Oata July, $1.02 HH September, 88 He. Kansas City Grain. Kansas City, Mo., June 14. Close Corn July, 11.61; September, $1.62; pccember( $1.44, Financial Chicago Trlbune-Oranua Bee Leaeeil Wire. New York, June 14. The decline of stocks in today's dealings was open to several explanations, but too much stress might be laid upon po litical influences upon sentiment. While the selection of Senator Har ding as the republican nominee for president undoubtedly brousht con siderable surprise to the financial community, conservative banking opinion appeared not to disclose disappointment. On the contrary, the comment heard during the day vas generally united on the point that the candidate's record indicat ed the forwarding of republican po licies of the sort favored by the Wall Street majority and as the day progressed there seemed to be a strengthening of confidence that the ticket would be strong in gathering votes. m M Also the $300,000,000 emergency fund provided by the act for use of the rail roads has to be reckoned with for some time to come as a treasury burden which tends to prevent reduction of the coun try's floating debt at a satisfactory rate. The situation would soon be in process of correction If railroad incomes were certain and this explains the urgency be hind suggestions from bankers and rail road managers that the Interstate Com merce commission would revise rate schedule upward with as much speed as possible. rne reduction 01 ine umragu and Northwestern'a dividend last week was more In point of significance than the desire of the directors to make easier the floating of a new loan. This action vas suggestive of need for means to in crease the earnings of even the stronger roads which are expected to take care as fat as possible of their financial re quirements without recourse to the treasury. The financial leaders see clearly enough that until the railroads are In position not only to be self-supporting, but to make adequate profits, they would con tinue to be serious weight upon the coun try's entire credit structure, tending to absorb through calls upon the treasury which would he more useful to industry if allowed to remain In the hands of tax payers. It is probable that the railroad situation in Its various complications, is having Influence in speculative calcula tions and Is certainly not conducive In Its present light to the attraction of In vestors' money toward railroad stocks. Break In Silver. There was another sharp break In silver prices at London and New Tork. At the British centers the quotations fell I hid with a break to 60 In the local market. The price here of 8 60 per ounce was 4c higher than the mini mum of last week, but showed that the recovery following the recent protracted decline had brought out fresh offerings on a large scale. The European exohanges were rather quiet and outside of a 31 point advance In lire, rates were not greatly changed on th day. Bankers reported a moderate Increase In offerings of cotton bills as compared with last week and grain bill offerings wer larger. The factors which found more favor than political events aa Instrumental in the decline of prices were ths continuance of an 8 per cent ruling call money rate and persistent selling pressure directed against some railroad Issues of the first rank. Professional traders who bid quo tations up last weex round small stomach for continuing their efforts at a tim when Qreat Northern preferred was fall ing lit points to 66, when Delaware &. Hudson was being forced 3 points, and Reading more than a point. The quality of bualness Indicated also that specula tive Jockeying for profits last week had attracted so small a following within the public trading forces that realizing sales today found the demand exceedingly nun. ine iinai price list snowed forth recessions of 1 to 2 points, among the more active stocks, with the weakest period of the day not lnnr h-for th close of trading. Call money In the after noon easea oil to 7 per cent. Burden on Treasury. The fall of several standard rail stocks last Saturday, and again today with ad ditions to th number affected by liquida tion, tended to draw fresh attention to th vital relation existing between the railroads and the credit structure. Three weeks ago the fact that railroad conges tion was hampering processes of credit deflation were made prominent tn the public view, but of late another angle of the situation has coma forward. The transportation act with Its provision for a guaranteed Income for the irallroad dur ing a period of months Increased de mands npon the treasury, which while not unexpected were still great enough to prevent modification of plans for treasury borrowings. Marks Demand, 1.49c: cables, 1. 80a, New York Exchange on Montreal 13 per cent discount. Bonds Government, study; railroad, easy. Time Loans Strong; 60 days, 10 days and six months, IVs per cent. Call Money Strong; high, S per cent; low, 7 per cent: ruling rate, I per cent; closing bid, 7 per cent; offered at 1 per cent; last loan, 7 per rent. Bank Acceptances 6H per cent. New Tork quotation. Range of prices of the leading stocks furnished by Logan V Bryan. Peters Trust building: RAILS. Sat High. Lew. Close, close. A., T. S. F 7914 7m 79 7 Baltimore Ohio. 31 10 10 31 Canadian Pacific. 112 112 112 111 N. T. H. R 67 67 47 67 Erie R. R 12 11 11 11 Gt. Northern, pfd. 67 66 66 67 Illinois Central.... 11 81 11 81 Mo., Kan. & Tex.. I 6 6 K. C. Southern 16 16 16 Missouri raclflc... 24?t 24 24 24 N. Y., N. H. A H. 29 i 28 28 29 l, Northern Pae. Ry. 68 66 64 67 Chi. A N. W 70 49 69 7n Ponn. R. R 39 38 38 38 Reading. Co 84 82 83 83 C. R. I. A P 36 35 35 36 Southern Pac. Co.. 93 96 91 92 Southern Railway 23 22 22 23 C M. & St. P..... 32 21 31 32 Union Pacific 113 112 118 113 Wabash 7 7 7 .... STEELS. Am. Car A Fdry.,143 140 140 148 Allis-Chal'ers Mfg 37 37 37 38 Am. Loco. Co 97 95 96 98 Heldw. Loc. Wks.118 116 116 119 Beth. St. Corp 931i 90 91 93 Colo. F. A I. Co.. 34 34 34 84 Crucible Steel Co. 154 149 151 151 Am. Steol Found. 40 40 40 40 Lack. Stoel Co... 72 70 70 72 Mldv. St. & Ord. 43 43 43 44 Pressed St. C. Co.lfll 98 99 100 Rep. I. A 8. Co.. 94 90 91 94 Railway Steel So. 100 97 ij 97 100 Sloss-Sh. S. A I.. 64 64 64 67 U. S. Steel 94 92 92 14 COPPERS. Anac. Cop. Mln. . . 67 66 66 57 Am. S. & Rfg. Co. 60 80 60 60 Butte A Su. M. Co. 22 22 22 Chilo Cop. Co 16 Chlno Cop. Co. .. 30 30 30 31 Calumet A Ariz. .. 60 69 69 Insp. Cons. Cop .. 62 82 62 62 Kennecott Copper 28 27 27 27 Miami Copper Co. 20 20 . 20 20 Nev. Cons. Cop. Co. 12 12 12 Ray Cons. Cop. Co. 16 16 16 17 Utah Copper Co. . . 69 69 69 70 INDUSTRIALS. Am. Beet. Sug. Co. 91 91 91 91 At. A W. I. S. S...166 161 161 166 Am. Int. Corp. .. 86 84 84 88 Am. Sum. Tob. Co. 81 87 8744 89 Am. Cot. Oil Co 44 Am. T. AT 94 14 14 94 Am. Z., L. AS. .. 14 14 14 14 Brooklyn R. T. .. 12 12 11 Beth. Motors . .. 22 22 22 22 Am. Can Co 41 39 39 41 Chand. M. Car. ..103 100. 100 103 Cen. Letth. Co. ..68 66 66 68 C. Cane Sugar Co. 61 61 61 61 Cal. Pet. Corp. ... 29 29 29 10 Corn. P. R. Co. .. 94 92 92 94 Flsk Rubber Co. .. 34 32 33 33 Oen. Elec. Co 142 141 141 142 Gaston Wms. A W. 12 12 12 .... General Motors Co. 26 24 24 16 New Tork Financial. New Tork, June 14. Mercantile Paper1 T per cent. Exchange Easy. Sterling Sixty-day bills, $3.81; com mercial 60-day .bills on banks, $$.19; com mercial 60-day bills, $3.88; demand, $3.93; cables. 13.94V Francs Demand, 7.61c; cables, 7.63c. Belgian Francs Demand, 7.98c; cables, 8.00c. Guilders Demand, 35.75c; cables, 15.77c. Lire Demand, 5.60c; cables, 8.62c. Oklahoma Oil Practical oil man up from Ok lahoma would meet man of finance to jointly develop some valuable production oil leases. To those interested in oil my ex perience and information is in valuable, as I can put you in pay territory. Interview only by appointment. Box Q-92, Omaha Bee, Phone Douglas 7280. Hershey Chocolate Corporation will acquire all the stock of the Hershey Chocolate Com pany, the largest manu facturer of milk chocolate in the world. We offer, if, as and when Issued, the First Lien 7 Ten Year Sinking Fund Gold Bonds of this Corporation at 97 M and interest yielding about 7.85 Circular on Request for OB-313 IlieNationalQ Company Offices in over 50 Cities Omaha First National Bank Building Telephone 3310 Douglas LEsWttTste a f Many people now Invest in " high grade listed stocks and bonds without capital that is, they bay them oa the Kriebel Systematic Saving Plan and pay tor thasn out of their monthly earnings. Ther are finding it highly pronto able. It is not a short cat to wealth, but it invariably yickl liberal inter est pin a profit. What can be accompUahed by this pianistcM in Peter Perkms' story, ''Getting Ahead." By investing $25 per month for 10 years he accumu lated $10,000. The booklet tells yoo what stocks he bought, the divi deads received each year, and the a market advance of each stock- B f mTm It's fascinating. Shall we send m MM you a copTi Irs tree, uepc 1. pjsaSJ I'grnirvwmEttT vuraxBsr; 1 3g7So.LpSalle St. Chicgfg.,1 Film Fistunla-Pay Whemi Ceiredl A mild system of treatment that cores Piles. Fistula and nthm Bectsl Diseases in a short time, without a severe aursrieal on. eration. Mo Chloroform, Ether or other general anesthetic need. !' irnt' in accepted for treatment, and no money is to be paid until eend. Writ for book on Rectal Diseases, with names and testimonials of more teas 1.000 prominent people who have been permanently cured. DR. E. R. TARRY Sanatorium, Peters Trust Bldg. (Bee Bldg.) Omaha, Neb. Dr. R. S. Jahnstoe. Medical Director TO THE STOCKHOLDERS OF THE SKINNER COMPANIES: You have probably noticed in the paper statement from H. W. Churchill and Paul F. Skinner that the Skinners have surrendered the 167,300 share of stock illegally issued to them by The Skinner Company. This surrender of stock was brought about by the demands of the undersigned Stockhold ers Committee and the officials of the State of Nebraska. The Skinners now propose to unscramble The Skinner Company and suggest that you stockholders, who exchanged stock of the Packing Company or Manufacturing Company, trade back and receive your original stock. i This may prove to be the thing to do, BUT DON'T DO IT in a hurry at the request of the Skinners. They are endeavoring in every possible way to retain control of your companies. We are meeting today with the representatives of the State Bureau of Securities of Ne braska to consider the next move to be made for the interest of the stockholders. We do not intend to quit until the control of the Skinner Companies is wrested from the Skinners and placed in the stockholders. We expect to bring about a real, legal meeting of the stockholders in Nebraska and not "an INFORMAL meeting" as suggested in Paul F. Skinner's statement, which, if held, would not be binding on the Skinners. We stand for and expect to insist upon v (1) Full payment for all stock issued; (J) Control of these companies by the real owners, the stockholders! (3) Ousting from office of all persons guilty of misconduct and illegal acts; (4) Stockholders' meetings in Nebraska. We will advise you from time to time of the progress made. Don't take ny action at the present time. This committee has, in absolute defiance of their legal rights, been repeatedly refused access to the list of stockholders, and court action will be necessary to enable us to get same and be able to write you each personally. C. H. GUSTAFSON, Lincoln, Nebraska, Chairman-President of Farmers' Union JAMES SHOUP, Sutherland, N ebraska, Farmer and Shipper; W. P. BENNETT, Cambridge, Nebraska, Retired Farmer and Manufacturers FRANK H. DOERMANN, Lorton, Nebraska, Farmer; TOM MORTIMER, Leigh, Nebraska, Farmer, Banker, Stockman; FRANK . CHITTENDEN, Omaha, Nebraska, Inspector South Omaha Live Stock Exchange; J. W. DAVIS, Harlan, Iowa, Farmer and Stockman, President of Farm Bureau; -' W. A. SMITH, California Junction, Iowa, Farmer, Banker, Elevator Man. HIRD STRYKER, Assistant Secretary, 637 Omaha National Bank Bldg. Goodrich Co 68 Am. Hide A Lthr Haskell Brkr... 11 U. 8. Ind. Alcohol. 10 Internet. Nickel... 18 Inter. Paper Co... 784 Kelly-Sp'gf'd Tire. 107 Keystone Tir A R, 80 H Inter. Mere. Mar., tl Maxwell Motor Co. . . . . Mexican Petrol.... m Mid. State Oil ,. lOtt Ohio Clttee Oa ..II Wlllys-Overl'd Co. 10 Pierce Oil Corp. ..18 4 Pan -Am. Pat. A T. 104 Fierce-Arrow M. . 81 Royal Dutch Co. ..114 U. 8. Rubber Co. 84 Am. Sugar Rfg. Co Sinclair Oil & Rfg. 13 Sears-Roebuck Co. 311 II II 44 TO Tl ITW 18 8 17 17 II 74 74 7T 104 108 .... 11 ltt 10 ia it ii it 171 171 181 18 11 30 11 83 81 11 11 11 18 11 101 101 103 48 44 81 lit 118 118 14 14 85 13S 31 11 13 110 110 gtromberg Car. Co. 71 Tl gtudebaker Corp. 10 83 Tob. Prod. Co. ..70 48 Trans-Con. Oil .. 14 14 Texas Co 44 47 U. 8. F. P. Corp. "I 1414 V. 8. S., R. A M. It II Whit Motor Co.... 14 11 Wilson Co.. Ine. ..13 Westtnghouse A, ..104 101 W 1 Tn I am ..14 84 Westhouse B. U. 10 44 Am. Woolen Co. .101 18 Money s per eeni ioust om Msrks .Olllo, today els; urdajr close. Sterling $1.11. today eloee; urdsy close. liberty "Bond rrieee. New Tork. June 14. Final price of Liberty bonds werei 1. 11-10; first Is. 14 18 l 11 II 10 14 14 47 48 14 84 8 18 11 13 11 101 14 .... 4 10 11 100 .0384 Bat- 13 14 Sat- ltl. 00: second 4s. 84.80; first 4s. 11.70; second 4s. II.At: third 4ts. 44.74; .fourth 4 Vs. 18.44; Victory 4s. 11.14; Victory 4s. 14.00. Turpentine and Rosin. Savannah, Oa., June 14. Turpentine Firm; 11.80 bbl. ; sales, 41; receipts, 187; shipments, 133; slock, 1,020. Rosin Firm; sales, 111 casks; receipts. 6 First Mortgage Coupon Bonds A Convenient Investment You do not have to establish the security for an investment when you put your money into the first mortgage bonds owned and recom mended by HOME BUILDERS. All the necessary details pertaining to the security are taken care of by men with years of experience in that line of business. Their long reputation as builders, realtors and financiers warrants your entire con fidence. If you have money of your own for investment or a trust fund to admin ister, you should consider the con venience and soundness of the first mortgage bonds controlled by HOME BUILDERS. Let's talk this matter over. Call at our office or arrange for our repre sentative to call on you. Owned and recommended by HOME BUILDERS, Inc. Secured by active business properties in the heart of Omaha. AMERICAN SECURITY COMPANY Fiscal Agents for HsmcftuiS ItCtjereysjajrci Dodge at 18th, Omaha C. C. Shimer, Sk G. A. Rohrbough, Pres. 1 Phone Douglas 2793. Wl api, It Oflhti OMAHA PRINTING COMPANY , IS at LU ..is 2 410 casks; shipments. J. HI casks; stock, 17,141 casks. Quote: B. Ill 10; P. 114 10; E. F. O. H. Ill 70 9 11.10; I. K. M. N. WO, WW. 114.80. Cotton Fwtur. New Tork, June 14 Cotton futures closed barely steady; July, II 00c; Ooto ber. !4.S7o; December, ll.77o; January, 13. 07c; March. II lie Bankers of Nebraska We Welcome You To The Twenty-Third Annual Convention of the Nebraska Bankers Association The Omaha National Bank The Omaha Trust Company Farnam at 17th Street fciiJjl.ima sijja I CtmeitCtAL PRIKHRS-LrrMOCRAPHERS STCILOieCNBOSSCXS loose tear Devices GERMAN BONDS We are specialists in foreign Bonds, and by reason of onr intimate- knowl edge of conditions in Germany and Aultria obtained direct through our own Correspondents, are in position to render valuable service to our clients, and to those desiring to make investments in these securities, which w recommend and believe will within a year show enormous profits. We Quote Today Subject to Change of Price in the Mark Also Price of Berlin Stock Exchange 5 German Got. Beach $28.00 per bond of 1,000 Maria 4 City of Berlin 30.00 per bond of 1,000 Mark 4 City of Hamburg 30.00 per bond of 1,000 Marks 4 City of Vienna 9.50 per bond of 1,000 Kronen 4 City of Karlsbad 29.00 per bond of 1,000 Kronen We also sell Options on the German Mark at following rates 28,000 Marks good for six months, at S150.00 I At Arlvnnrsarl 80,000 Marks good for six months, at 280.00 L . ?vanca 100,000 Marks good for six months, at 428.00 Mark QuOt&tlOn Options may be converted into actual Marks or traded against any time within the six-month period, and afford purchasers the greatest possible profit with minimum risk. Orders should be wired at our expense and re mittance may be made by check or money order. Write for Circular B-136. We also sell our own checks drawn on the Deutsche Bank, Berlin Credit Lyonnais, Paris; Ceska Banka Union, Prag, and buy and sell Currency at the rate of the day, and make cable transfers to any part of Europe at lowest rates. HERRI & BERIIIIARD WOLF & COM PA HY, Inc. 280 Madison Avenue ..... New York THE STATE BANK OF OMAHA Corner 16th and Harney Streets THE LARGEST STATE BANK IN NEBRASKA Total Resources Over Five Millions A Conservative Policy w WE OWE NOTHING FOR BORROWED MONEY We Pay 4 Per Cent on Time Deposits 3 Per Cent on Savings Deposits All Deposits in this Bank are protected by the Depositors' Guarantee Fund of the State of Nebraska. THE SAFEST PLACE IN NEBRASKA TO DEPOSIT YOUR MONEY We Invite Your Business Officer and Director t ALBERT L. SCHANTZ. Pres. DAN W. GAINES, Vies Pres. F. N. HIGH, Cashier. OSCAR KEELINE. A. A. NELSON, Ass't Cashier. W. C. DAVIS. Ass't. Csshier. C. L. MURPHY. Ass't Cashier. JUDGE 3. R. HANNA. 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- Chlcaf e Board of Trade St. Louis Mercaaate Exchange Milwaukee Chamber of Commerce Kansas City Board of Trade Minneapolis Chamber of Commerce Sioux City Board of Trade Omaha Grain Exchange WE OPERATE OFFICES AT OMAHA, NEB. CHICAGO, ILL. GENEVA, NEB. LINCOLN, NEB. SIOUX CITY, I A. DES MOINES, IA. HASTINGS. NEB. HOLDREGE. NEB. MILWAUKEE, WIS. ATLANTIC, LA. HAMBURG, IA. Ail of these offices are connected with each ether uj prirate ell as. We are operating large up-to-date terminal elevators in ths Omaha and Milwaukee markets and are in position to handle your shipments in the best possible manner L e., Cleaning, Transfering, Storing, etc. It will pay you to get in touch with one of our office when wanting to BUY or SELL any kind of grain. WE SOLICIT YOUR Consignments of All Kindt of Grain to OMAHA, CHICAGO, MILWAUKEE and SIOUX CITY Every Car Receives Careful Personal Attention The Updike Grain Company THE RELIABLE CONSIGNMENT HOUSE V : 11 We Offer $500,000.00 American Bank Building 8 Participating Preferred Stock Tax Free in Nebraska Exempt From Normal Income Tax Non-Assessable Sprnrifv eaI Estate is the basis of all material uciw ujr wealth. No man can offer better se curity than well located business property. The American Bank building site is located in the heart of Omaha's business activities; therefore the safety of the investment is unsurpassed. Fart. in r Pni7orTlie rental income of the earning r OWerAmerican Bank Building has been very conservatively estimated as more than three times the dividend requirements. These se curities yield 8 as a minimum and participate in the earnings of the company. flnnnrfnnifvTnus viewed from every angle, UPP0riUniiy SAFETY of principal, its earning capacity and certainty of 8 OR BETTER returns, we feel that no investment offered the general pub lic can compare with these AMERICAN BANK BUILDING securities. Offered In Amounts of $500.00 or More. Term if Desired. For Full Information Address: American Bank Building Co. Room 6, Weed Building. Omaha, Nebraska.