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.
