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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (June 17, 1920)
THE BEE: OMAHA. THURSDAY. JUNE 17. 1320 Market, Financial and Industrial News of the Day Live Stock Chicago Gr am Financial Omaha Grain Bonds and Notes Receipts were Monday orricia; j,27 Tjiwilar article! I. HI Wednesday atima'e I, Jul Santa uas ui wit 1S. dame days 3 ws a ' 11. "41 iamo ta'i I ws a i I4.ss Same days rear ago 17.6411 Omaha. June 1. Catt:. Sinn. Sheen. 1V44 1. 2.12 ,107 ll.Jf.H !."() 34,207 l.i4o ::.i:t ,sa JM2 ::.73 it..:-. is,i67 Heeelpts and lisposuam if Jv stork at 'ha Caion Sioric yarus. Omut, -Sea., tor 24 hours enains; a: t o 'iocn p. m., J una RECEIPTS CAS LOTS. Cat::. Ho(i Sheen. By GEORGE D. MICHAELS. Clurmco Tnbunr-Omaim Ba LeeuM-ii Wire. Cucagi. jjr.e lo. Local ion3 '.vers ij-j.;d sellers 21 c.;rn early. be lievsa that a r-Mcaon was wan what overdue, hu: anmistakaole signs that the movement was tallifiz oil as shown by Usurer recants at western markets, com 'meet with an active demand trcm inciters the Sijc Nssj Jork vxmts. ChH'o Trlbune-Oni lWe Lraewl Wire. Xc-.v Y.'rk. June Id -iurnmer dullness became somewhat more pr:n.:iince-'. -In the stcck market ta ii.'.y, no s:gi ot increased snecula t:v: eperatjens being induce1! bv an eai'?rr:cnt of the call ioa:i rate to 6 per cm:. At -he same time that de- i.-r.ple market recited -,a i sham mani r. t. St. Paul 4 s 'Vaaaah , I 1 W'.aac.ml Pt.-if'.o t Union Pa.ifia 42 11 li .:. V. V , .ant 4 c . x. w, wi :i ts i " . .41. ?. M O H 1 . a v . u C, 3. a Q.. west 2 21 . H. T ?. -sat SI i :.. r. t. p . west i 1. mms nrri . 4 2 Chuaeo if?at W-sTcrn 2 4 Tual rw!?! ion 152 li DI3POSITI N HEAD Carle. Hogs. Shi"?. Here's '"o 45 1.211 5? Swft & Ca. . . . . 49 2. -"'4 l.-"7 Cuiiahy PxkSn C.i. .. SSt J,.'7 22 Armour Ci ! 2.4-n 733 Schrar'a Co '.2 .... J IV M irjhy Wison Linemn Pa.-K'.n Co. .. S. Oman Pk-k. Co. .. John Roth Sims Jsavtrrvelrh A 'sll , 2 .aaetierf P. O'Eaa, y p lw . J. 3. R.iot Co J H. 2ul'. R. f. Bnrrura Ci. . . RopfnaT ii H Html ..... p ,;. Aei;o 'v.rh-iniT k Dgn sr.u '.! 9uiila!i Brna A. RMhwhlM E C. '."hr-KS'.a Banner Br-ta John !?.-''v CuiUhy Bnt. Omaiia Picit'.nj C". . . Otatr tiuyra 1 TvaJ . 155 It 3 :s :3 1:4 .n 31 1 . 4I0 ."2 J.isl Catt'.a Hc1pf wr sonald-rahir !1g!nr 'oday n;ih an Mf.mata ca.lln tor J.30H ltail t.i tatai for the -hr- tay . anout t.la aama aa for the nme period & wf.K 4rfo. rtut 4. 'ifo a 'han lat 9:.. Boih hcs'T sav mrt ?a: '.Jigs ao.il jc t:v,y !hia morn:ne at prtrea that Tr .nra::r luar'er i:g"ier Sh atocit a so aowl treiy and ' 4d"i3- Oiaci-d at steady to 2 Sr. Stucnrs and feedara were soid on rh i-a::!i-His-'itcu--si na.a: at gani-ra.ly att-a.ty pneca. vuo'aiinna .in ''attle Good ?o cholcQ bwt ilS. jO'. 2S; rair to g"od jei-vai. tl 4. r-- J : b . '-nmmon to fa.r op -pi. 112. "5 : 7: s iod to oho'.c "a.-:ir.ffs. ta soft fasr to good yar'1ngs. H4.2S trn.nnn 'o fair yar.mgi, J. 'i 1ti4."0. chased ra nr:m heltrs, $.2." J gnod 'o o:i'iK' ii!fr. 13. . fair t;t good !v;;sr. I" 1 ''i '.j't. .-ho;c9 ' t pi'me 'Off! H 2. 25 j 12. 5 . gcoti tn chm-ia cwn. i;t.-10-Jir.0; fair to good cow. S9. "! 2 ; j. :s ; common ro fa.r -nws. io.jgJ".iO; .!ioU' to prima feeders, $l-i.JH 11 to. good to choice traders. S9 2Z$ ti; medium o guod fwdTt. SK. i J 3 2t; common to fair feeders. $7.50' gaod to .-hoice jtarKr. : i.'IO 19.75; fair o giod stocitBrs. $9 rifiti, 10; common to n;r itiea S" 2f. tf 1.7i; gtorlt awfrrs. 17.24 gx .!. ic .'on $".;i'.7j; , ;, i" ? : in . yeal -.va. 14.90, liu.la. ataga, f., J7.fi(!j 12.50. BEEF 3TSR3. A. ?- -- A" P- ,:i:,i tn .10 2 i)o $u .-.''90 IS M 3S . . . .1197 15 50 4 1237 15 65 .1412 IS "5 20 129 u on .13..5 IS 11 13 1220 IS 25 No. Tulsre wtta the c:ce at net stuns ot 1 !,4 d '-ss-. 2rptem::r ifidinur. Oats were under pressure and '.vt-'.e high er w.tn crn at one t::ne ricsed iC lower. Rye iiechned 5i-t7,I?c and barley was unchanged. July and Sep tentber c-rn cld if n".v high figures en t::-: cr-o, il-, thrush mee'-.np; wth ".r.sdrab'.e eppstt'on it times. T''" '.r"' c.i i.i market and the un:mt:rveti car situation '.vre the dem inatia influences and more than offset the ' favorable cr"n rettcr". Army ' worms are icinr some tlarnaz: tn Illinois, but this was r-trarded as a lecai comiiuon only. Vfertngn Light. P't B.hor'ji fount! uft-'rint; 1'it'lf w'ten he 'rie-i 'o -'nv..r At ihe MP pr '-.a showed tJsia aDova Uio .oit of Mon day Shipper wer ip.ii buyers "it e:'iw eom in tha sample market and prmlvur.a i.lvsnced H -i lo is -omrar"l "to. "lia Jiiy to iro-ind tit ovr :h-. '"itur. Re feipta of .'ars 5r ausorM. A. Gauntry ffer:ng very iUur. leapir 1trong IMdn rut gat In centra; l.llnoia 4nd par's of luvva. yir'her runs .'e repor'-l over 'he mori nnr'h"rn one of 'ho ua; 'teit, and with an-filing of 3ept?m;:Br, -ric on rs:lng .rt-rs ny .on-t;, oir-:- v-re ftnalty f!I-1 up. ip.d rruf" 1"lir.'"l sharpiv from the iir y high, 'irop r..vs cenerilty fa orabie. jml there .vaa a .ci if lu'aide auppor at times. Ret-elptj wre .13 r in with sampia ll nes highr w.tii a good demand for heaw gra.n. No 'nrrease 'n irrv i.s a axperfd. A bid of 10c over Ji.y o No. 2 whl'e and So ovr for No. S -4'hitt. f.-e-day shipment, failed to brtrg out sn offer A aitie grain was .jft--ti f.tr Alg'iat, Serteinber shipmen. -tlLnnn'S trom t'hi'i Tiesda f li'i'V :if"t iisne.s rwttticed smi K5 'n a.i pcEi'irna to aro ind l,2(io, on') iuahels. CtUitl Houses Long, Houses irith seabosri oonemona bouitht ; Tu.y nd aoid Sriiti'miier it ll'o llff-r-' noa -ar:v. and a r reversed 'hia .ipe'a t:on hv.n the spread -v:den i -o l c. 'ash nouses are iitng fhe i i.:' agnin.it sh.ppir.ir ?t."S md wait a d-j:i-.r" .Mili ars and v;ne!r ma.it-rs paid 173 1- over .1 i.t tor No. 2 m traok 'h saes n Sl'.40t 41. nd 5 t o huane.s sold to -ir--ir There T13 2..O'0 harreis of -ve ''ttiir oid for e.tnor. by a Chicago miller, five lay shipmvnt, at S2..tfi. M.nneai.o;is stca drenseti :--), ii'ti pusneis m four Java, and ho J i.y there tvtis 17o maer Chicago at ona time. Receipts, eight cars. li.sers and feed tea.ers vere fair buyers of barley Tha latter gram is attracting mora attention, being tna oht-apest feed 1 on a pound-for-nound nasis. rompa.-ed with Mr -stock market our- pctes mi--ved lower, however, there wis 1 sf.ff 'it.ni of the commercial r ns tr im ".'4 to 8 per cent and this 'tttveicpnient is o be considered a tiors s.gniucaiit euidepost to ma ;or credit con-iitions titan call mcr.ey Tiotaticns. ilcrcaatUe bill brokers quoted a si:: 2 'it rate f T patter, which meant tli.i'. genera!!;.' spe.ikin?;. .he market 1: the moment has sma'l room tor any but prime bills, which is net surpr:-inar 'n the light of credit scarcity and the scrutiny which bankers are applying to applica tions for loans. Offerings of com mercial paper are reported rather more expensive than a few weeks ant. which supplies a factor in the rnarkirisr ap of the discount rate. Call Money T Per Ceor. '-a.l Tinner May started ofr at 7 per oartt, being the rti;!ng quotation, 'netirs.nr'.s at the N'ew ? rk -'iearmg iiouf -;:-ee,io.j J 1.0(10. ilnn reflective of :ir reat midmonth. treasury transactions, ivnich. while not a new high r-rord. were, nov'-r'heifss. r-ftertlve of the 'rementloua vr.e benning operations have attained -since v.r financing upset turmer standards. On the whole, storks were more frm han heaw, and tn partio-iiar groups, sin, nle advances occurred. Th.s was trae of cnentlrtii 'ss'ies. some of the .uc:ir f har -s and a number of the railrond s 'H 4. 1: appeared as though sentiment, wh:co had be-n disturbed by the cut'lng of i'hicagf4 ainl Nor'hwestem railway dl'.n tcptiii. had gr'iwn -nore seitied and it is ponh, -hat 'ho outlooit for staekitnldsrs xner-attons tn reirard 3 one or two. of he Cranger -tads tr!! be defined at dlrecturs' meetings tomorrow. Industry Progressing. tvhile it might be ureed -har the 'aeH of .1 posit!v trade among Industrie,: atocits has tisrlos'-d intietision of -he rn'irkt ant ut. 'he future, some improvement re ports show -hat industry tseiff ;s m- v-ng aheatt as rapidly as existing handicaps per-m. This 3 quite oontrar;.- t,j whnr rr.:?.y expected a month ago when "he wa--e of prre otitiirg sa.es began to spread over ho country-. The Iron Age. for example, notea that sti -I srodurtion la tontlnutng at a hlght-r rnta 'han a ver' moderate oeiterment m oar movement would indlrate. Evidently man'.iraoturrs are expenencing an nflow of iperifioatioea which prompts 'hem to make ar.d piie up products against the iay when the" may ba mov.i. aad an increase if .".! per ton for pig Iron and of Jl 1 :n for eoka. with active bidding for these neceraarj' materia. a as weii aa a snor'age ;rnm inadequate transpor-ation. May output of ingots, partly estimated. wa It -yr ,-out greater h-l Aor'l tna'tn, Omaha Gra.n. Jan 11 Wtisar sold at about uo chained prtcea. There were sxport bida for quick shipment whicu were aonut ne same aa yesterday. Corn prices ware genera. ly 2 to i cents higher. This gram stud sinwty. ..a. a were unchangeti. Rye aavanred 2 eenia. Barley - aa uncnange -teceipta of gram today w-r modnraia to light, eora dx caedins; the total of other ccrea.a. CaaU sa.ea wre WHEA r. No. J hard. 1 '-sr. 2.S1; 4 rars. J2M: 1 car. J2.K0 uniuiij); 1 car, J2r!S iimuu; 2Jo. 1 hardt 1 ear. J2.7S; I car. 12.71; I car, 12.76. 1 car. 12.71 , smutty . No. 4 hardi 2 cars. J2.74, 2 oars. 12.7,: I one-ihtrd cars. 2.72; 1 car. 2.71, I car $2.SS vry smutty' No. 5 hard: I car. 2.7. Sampia hard. 1 car. J2.25 heating, musty 1. No. 2 durum. 1 '.". S2. 3 'red. No. 3 mixed 3-6 oar. 12.7 1 durum). No. 2 mixed. 1 car. "2.72 iluram,. No. 4 mixed: 1 ar. $2. "1. No. S mixed. 2-5 car, "2o l-lunm'. 24Tc i spring: 2-2 car, i2.52 ihurthcrn). COR.T. No. 1 white: 1 ear. tl.f. No, 2 yeilow: S ears, II. SO. No. 2 yeilow: 1 car, H.13 (dry), 2 cars, II. "s. .Sample yellow. I car. $1.55. No. 3 mixed: 1 oar, l.7. No. 3 mixed 2-.i ' ir. 1 77, No. 4 mixed. 2 'tars. 11.74. CATS. No. I white- 1 tar. 11.11 (shippers waigaui ; a cars, ll.l-i. No. Ji 1 car. J2.25. No. 4. 1 car. 12.24. BARNEY No. 1 feed, l-i car. il.25 OMAHA RECEIPTS AND SHIPMENT'" Honda and Note. ""-lr-ushed A.m. Ti. TM. "s, .tin. 7 ;. s T o. 1 Am. Tmai'ttt Co. . A.m. Tobacco Oo. "a. Anaconitu '..op. "s, 11 Angio-frencn Ext. 5.s Armour & Co. T'eu. f 1324 . . ... ?eth. Sli-el Co. "3, 1 .' 3eth. Sto'l Co. 74. 1.' 3ri:iah j s. .521 . . . "., fl. & 'i 4a. 1521 '"utiahy Pkg. C9. 7s. Ligjtert ok Myers .is, Procter .41 Cample 7s P-octer ,ia Cambie "a 1,'nlon Pacific n. 'is. Wilson Cony. is. 1S2S 1 Ttet ' -tttrany- i i-s l.22 "! 9S i 922. . . . 99 99-4, iJ9 . ) i. lU'l. . S37-: 39 is. 1J29- 5S 97 22 9i 113 98 5' sii 14 94 'i 1923.... 7'4 3I-, 1321 . . 91 ,19 . 1922. . 99 . 1 2i, . 99 , 99 192S is 97 8S S Crucible Stael Company Declares Stock Dividend New York. Tune 16. A stock di vidend ci 16.2-3 per cent was de clared on the common stock of the Crucibie Steel company at a direct ors' meeting m P-.r-.-bur.-h Wedaes lay, it was officially announced here. I: is payable J j:y 31 to stock of record July 1.7. In a statement by Chairman Wil kinson, this extra dividend was ia accord wtn the policy outlined at a special stockholders' meernn last Februarv when it was stated ihat the surplus "belrnned to and was to be aw York Metuis. New Tirk. Jane iti. Conner Dull, leading producers .juote eliH-tr " ilo spot, 2 tin and Juiy. l?e. A4af.i4t and Vpterr itrr. 19 -a': sma.l .01a. socL-nd .hand. atax by. ll-t 4 Iron Steady, prirea unchanged. T'a Steady, spot and June. US 90; July. US 75 Antimony .. I.ea.1 Nomina,, -pot. June and Joljr offered at S.2c 21m Saay; East St Louis delivery. 7,3a bid, 7. 5tie saked. At London Sput. Copper. S5. ta, d electrolytic. "00; tin. t239, ia, load. 22; iinc 40 l.a t I Now ' tpened I 14. .!".! I .Viirrh. t'ott.iu Intures. Tork. 2une l-i. ."oiton toady . J i i -. 1" .'if . T f: ember. ;2.'r. 2 ri.iary 22.; Cuton fun;-". July .1" oi-. t'. 2;..2uC, Januar-, ose.1 Mar. 11. Dry (jiMMla. Niw Tork, ,T m,4 t'l .'oi--m day W"I i ii.-t :h una , "tt1l we.ro 4Ulot ; hnwle' y leu,; H'lrlupjt -yore, tn mo.lvt:,.'. toi 044-er prlcee. Uavy 41l'k .vjm holders.-' d e common a :ock- Omaha Hay Hnrkef. (iay and a.fa fa tile demand oe decltned op -m Cat and wheat Receipts of both r-rair'e "ontinuo heavy, and with ing poor, the market has gradea of hay and a.fA,fa. straw :a steady, P-airte Hav No. t upland. 12" on -J 77 in. No. : -ipiand. 112. i '. in : No t IP and. 7.oof ! 10 . No. t midland. $19 m ?:o.i'i- No. 2 midland. J12. io 3 is. in: No. 'ow'and. It 1. in J 12. io : No. 2 'ow'and. 1 in-J l.i.JO- No, 3 lowland. $. il.H Alfalfa iaoir. I3.9H: No. 1. f25.,w 9 : "11 standard. $22. 1(1.424. Hi, No. 2, I14.J0 3 : a . 1 (t , , j. 3, j: .1. lot f in. Straw Dat, 111 10 3 13.00, wheat. 19 50 ? 11. so. NW New Tork Coffeo. 'ty ,,-ma 1. Tidav'a ,--m 3riiil r.nflrmHii 'lie prva: "-pur- a f .t; iv :e:npr-rnvjr '.n 3aala Pau.u, ' ;t r -ft--i(t to ularm ivr rrnn priui-. ucia :n uie prtmary marlii. Th mar i T ier tpn.ti a: a iee:in it 3 ;o ni!n!3 acV.ve ;nnnths sok! abnxit 1 l 13 po)nta not Inir-r in '.nwr late pr from Sant.i. with .Tuty tam-hin 41 .14 Ter wr -nortratt ra.Iifi later on cov r.v., wth re'-emunr -ilinif up to It 4. 37 ind wth thr gfnpra. market "losing' it 1 point :owr 'i points higher T'l : v 1 4. irit:n hfr. I . Tr . OrTnhfl ' ; Df-miiT, 14. ..( January, 14.37, I.ir-h. May lipot Cffft? Mar'.p iuu, Rio, 7a, 1S'&; 8 PREFERRED With Right to Bay COMMON Stock Receipts Today Wat. Ago. Xr. Ago. Wheat W 1 '-- Corn a 7 !( sr Oata S M 2 Rye 5 i 2 Barley 1 7 Shipments Wheat 4.1 5o IS Corn .7-i Oa- 1 1 22 r Rye 12 J Barie' I CHICAGO CAR LOT RECEIPTS .vek Zar Cnn-T-ida:'. Ago. Ago. Tact. Wheat ... 13 i 19 3 rara 2o4 120 SO 191 Oats 72 2S 127 S7 StAN'SAS CITY RECEIPTS. 15. IS. . 5. Hoc .19-1 .123(1 . 995 .1219 . SSS . 44S . Ml . 624 . "'0 . -" . sua -Hog COW3. 10 19 14. . la 75 n.. 1.1 i'l. BCLL3. -.4 1... 11 1.1 'ALVE3. 12 to 2 VZARLINGS, 1110 2 4,. ! 4 oo 12. . . . 40 . lit- .1219 . J59 ia 25 11 50 12 19 corn and oata. Spot pr-ces were incnanged j poKsibie a flnai record, which will rank .... among tne three .arg-st years of steel production. Expert ImproTement. P sumably the steel makers ars ciunt Ing jron an improvement in railroad haul aae which will -end to keep materia. -nov'ng at ieast fast enough in the near future prevent an embarrassing lock up of working capital. It 'a reasonable to beiieve that a primary influence work ing to help them is the fact that rail road needs for cars, rails, etc., which comprse a substantial part of current mill production, wll imnei special activt y tn moving a large yolume of steel dur ing the next few months. The Foreign Exchange market displayed a firm trend a.i iround. sterling rising; with sa.es at Sl.i2Ai.sa. Receipia, car. For"itrn demand for wheat was slow w-.:h offers at 52 ) at the g-nf with J2.99 'he best rid. e -he- by la.-.-esion or New ' Orleans. A saie of 5 iio bueili-.a c. I. f. Ceortran ay wis mad-- it t:.?'', and 2.H'.'t biiFhe:s at $2.91. Ca?h wheat on track at 1 'hit-ago waa firm with No. 2 r-d so.rl at 12. No, 2 and No. 3 red at $2.95 No. 4 hard at 12. 7,'t and No. 5 yeilow haxi 3 IS 35 , at $2.S5. Receipts, 12 calls. 917 747 29. . . I... S87 756 13 5 14 ..I 15 35 IS 00 WLU 1 5 on 15 50 IS 25 -..fiuts today provided for 11. -ion head. T-a.le waa in a little health It r rondillon than veste-day especially uring the tlrst ha.f of the session. Prtcea were uneven, made espeo.ia.iy so by a weak close, the market being strong to as mu-h as 2.ro higher 'han yesterday. Bulk of ia.es waa 114. :)0 $ 14.75, wilt a top of 1S. 10. HOGS. S1. P- No. Ay. 40 13 75 SJ. ,;?4 heoK3. A feature of dealings :s ouyinig -o caver future requirements, comprised in 'he autiumri grain and cotton movements. Sliver deemed 2 cents per ounce at New Tork at the same time that a moderate upturn or-nrr-d at London. The fail car ried the local Tir.tation to SO centa per j ounce, below last week s lowest pres. No. A y. 24. .353 sal SB. 4 . 33. .HI IJS 215 183 79 119 I'O 150 40 120 14 11 14 29 14 30 24 40 14 14 5 14 15 15 00 75 . . 305 12. . 301 SS . . 7S a.1. .275 ,". . 20 53. . 222 14. .227 Ph. Pr. "9 114 in 141 14 14 2r. 14 35 14 45 14 50 14 "5 14 30 New York Quotations 70 Shtp Onir IS !nadB of and limtn wsra received today, this astimare !ntiuiin sivrai loads of Iiahns and Ornnna. Lowr rnpors from. Th ast raoaeii tha pneral dtMrHna In th tratlo and most of The fat lamaa iler had to aeil at pnos fut'.y '"0o '.orr. uood Idaho lambs, simiiar to th JlT.If) class. r!T-r-dfty dropped to f. a.SO, ',ha wi 1falraita kiiltyrs afiiijna on rtntn tae Mai. arcordinff to qua tty and finifh. Fat wps wr scares, but ar quoraoia up to $7.50f 8.:0. FdfT grades eont-.nu iiuiPt ar un changi'd figures. Fding a.nba would Quotaiions on .rtn a'nd Lambs Fat wouied '.amna. J"!; , 75 -jsP H.tsO : fat hnm lamhs. t;4 :-0'f 15. 75: cull iambs. $9.0-$ l.r: vatMlnir8. II;. 10 13.30: snom eww, -7.75'i iewtt cuiia and cannera. JH.OO'J 6. on. iff- tr'.'fW rag-o Utw Stock. Chiragr June IS. Cattle Receipts. 8,-ino head- beef steers, slow and un eveniy lower; bulk, fuily 25c dowm ron. JI7.901 bulk. I13.75"?1S 25: cows and heif ers, dull and Irregularly lower; huik, be low choice, tl to 11.50 under iate last week; medium grassy kind off mosti can ners almost unsalable; bulla, steady; ca.ves tocker cattle, sieady to 25c lower. Hogs Receipts. 21.000 head: market opened 25o higher, closed 1015c lowr than early: top, $15.50; late top, t;S.: bulk, light and ilght butchers. Sl.-..'.o 15 40-. bulk. 250 pounds and over. $i4.35i 15,20: pigs steady to 25c higher; bulk. llS.75ttTU.no. Shtep and Lambs Receipts. l!.9n head, mostly direct to packers: iambs un evenly 50c to $1 lower: sheep, ll.VJ5"C lower; best native iambs, $17.25: bulk. It 5.M)t 17. in : California tamos, $1S.2."i best yeariings. $15.25. choice wethers. 19.50; good and choice ewes. I7.50.JS. 25. St. Lotus Live Stock. East St. Louis, June -.. catt 1.500: native steers, steady to strong: T-xas steers, shade higher! top steers. $17.10: bnik. 1. 2. "0 '!? 15. not year'ing aieers and iters, steady to 25c '.owr- -anner cows. !ow-r. 14.505.25; oulis. 2ac lower: calves, steady; good and choice veaiers, 114 1M.914.75. Hogs .S80: to-SISc higher- top. IIS.": bu;k. ltht and medium, $15.20.8 IS.SOi bulk heavy. $14.75 -.J 15.30. aaMp4.lA4); 5"c j $1 . 10 lower: top spr'ng .amos. IXS.9". bulk. 4.:.o jlJ.i; top ewes. $S,00; huik. $7. 90 4.00. Kannaa City Lire Stork. Kansas City. Mo.. June IS 'XT. 3. Bn reaa of Markets.) Cattle Receipta. i.loo head: beef steers, steady; a.l other ciasses and grades mostly weak to !5c low: top heavy steers. $lS.-5: .-aivea. 50c 'o $1.00 lower. $!3.oni3.90; few sales quarantine cattle 25c lower. Hoes Receipts. T one head! market lie. tn 15c higher! too. $15.15; bulk heavy ant medium. $14.50 J1S.15, bulk light, $14,501 1.90. Sheep and Lambs Receipta. 7.0nn head: follow. ng annua, custom at this tm:e of year, iamba and yearling are reclassified: last years iambs from now on will be quoted aa yeaxiings. and spring ambs win be known aa iamba Best native 'amos. to 11.00 lower-, bu.k. $15.50t IS. on : other grades. $1.00 3 1. 5a iowei : sheep and ycartmga, steady to 25a lower. Sioax City Lira stork. Slonx City. Ia.. June IS. Cattle Re ceipts. J.509 headi market steady to weak: beef steers, choice fed, $1S. 50 11.901 snort fed. 111.10 13.50; fed yeariings. $l.oo !.!$; fair to good beef cows. $s.501f in. 00; fat cows and h elf em, 19.fl013.5! can ners, $AS0a.50i Teal calves. $7.5015.il0: common caivea, $.9o ia.90; feeders, S.9011.(0: stoekers. T.9019 50; feed ing! cowa, 3. 00 9 1.40 , stock heifers. 16.00 4 i Hoga ReceSpta. II. aa head: markt steady, 15o higher: light. 114.25 14.9"; mixed. 14.00i14.5a: heary, $12.25 tfl4.2 ; bulk of aaioa. $13.75 14.10. Sheep and Lamoa Receipts, 1.500 head; market strong. st wva uret ovioea. 9t Joseph. Jlo.. June IS. Hogs Re- eeipta. lii.uuv neaa: I'l to in cents higher; oioamff oia. per cent: orie-rea at ( per top, $15.10: bulk. 124.8515.20. cent: iasc ioan. 4 per cant; bank accept- Cattia Receipts, 2.404 head; steady: anc-s. S per cent, tears. l.a0l.2S: cows and heifers. Sterling mads a fnr-her advance !n the W.ntS.7S: calves. $. 00313.50. lata dealings. Sixty-day bills. 3.90t4j; Sheep Receipta. 2.000 headi 2S cents cnmmer-iai n-day bill. $3.9fli ctmmer- lower; ewea, $7.5041.50: lambs. 113.74 S ciai 60-day biiia liiO; demaad. $2.Jttoi: "nga4jed 674 24 2 S9141, 71 58 S S3-, 35 91 22 S S3 'si "it- ' 24 29 70 tot, 38 S 84 3 91 H 22 32 1 Ptt Notfis. R. O. Cromweil, S. W Wagner's crop 1 "xpe-. reports from Hastings. Neb.: "Na-1 braaka wheat outlook in 31 counttea rais ins 79 per cent of their crop is v-rv ! I-. "'? rl L... ofv,";,'" ":?ft ! 1 I-- and French francs 23 eantimea tor l a ion. Heads are aearmg ear!;-' miT't. - . continue a week without danger. ; and oats west to Hastings -an a.so thr: : for a ween when n as wul hep. -: scsree. Elevators will buy corn with .in n.-tiBe ana no cars, aan.-t ,oans .i'luidate when grains move. ' .-ia.y dlspat-hes -o E. F. Leland 4 indicate a gradual area.tlng up of the hca; I wave in (he vrinify of -he i?rat Lakes. 1 the rior-hwest and sect.ona of the central west, where there were good rains lata . yenerday last n.ght and this afternoon. ! Toore were nn n -aM.-j- t ...... t. . raining today m southern jilnnesota. High temperarures -onttntie in .-entra, riiir ob and Indiana. It a cooler generally in '. hmska. with iifie or no ram. jcar.ra ar. 1 parta of nurfh central Ohio need ram. Raymond's news biirean gnvsr "tp'r'- TT'o-e i '.hlO Of-tc-a e anv .H n;acd on shipments to 'Ba.t.iin r ir.ade ne-essary oy congestion in line ar-1 it terminate, owing :o limited number of vrsis .timing into port to take iwav tha accumulation. There are J. i ioo bushe s shipment aoroad and i.nnn ,-ars on -rack a:tmg to oe umnadad." 3art.ett-F.-azier have following w'r-a n -ogari to cut worms in Illinois. Lm.-o,., I wir-s. "Just talked to two progr's 1 sive farmers, who say nothing to cut- form story. Party reporting 'his muet oe jams aa reported -ars pentifui in this "emtory. Cat worms dor. ;, work In 30 degree temperatures." Another wire says "Keard of only one field of corn infes'-d with worms and that waa 19 da-.-s ago. weather too hot tow. Best peouia aay ao chance of them." A leading cash handler savj that prac ticnlly a.! of tha local raiiroada are do. :ng no switching- at night for ;ha reason aat -no ma. ority of i.ie men in switching tire mevperienced. timated tha: switching efficiency .a about 20 per cent of normal. July rye here today sold at 50c over September, reile-oring purchases of Juiv against sales of September by locals. July ;ons3 are cash handlers who want ma da iivory of the cash ffraln be-aus they have it scid for shipment. Juiy rye at il.nneapoiia .a 17o under Chicago. Summary of weaih.-r and crop condi tions in tha corn and wheat regions lor the wek ending June 15, 1920. snows rather warm weather and abundant sun shine In nearly ail sections. An excellent growing week. No mention waa mad" of nessiun fly or cut worms, but said high temnei-vur-s caused too rapid ripening of wmt r wheat in some localities. Spring wheat averages very good. Shaffer x Stra;n have following re pnr from New Tint: "I; is repor-ed that South Africa has bought some wheat uere re-nt.y. The move is being financed by a N,-.w York bank. Cnd-i-nTad tho demand is because South Africa cannot get t.;a wheat from Argentina or Aus tralia." Barometer letter. he Babson composite plot. aysi "April there were 2.220 morilAm. Beet Sugar... S3 ara r-tiui:! ioned man tv-iro a . ailaoi. ! Am. Inter. Carp... Sa Mar ID. 52,095 cars were req-oisiuoned. Am. Sum, Tih. Co. S8 -.vhit-h waa an increase of 25 per cent. 1 Am. Corum OH Co, 4S while cars arailajie decreased 50 per j Am, Tsi. A Tel.... 94 '4 oer.t. Last year tuere was a net surplus i 3rookiyn Rap. Tr. 12 of 4-in. ""J cars. Only 20 pr cent of 'lie j Beth. ehem Motors. 22 oox --ars of the :ype aeeded are a. "a:-1 American Can Co. 4'i'4j ante." ("handier M. Car.. Ir Leading elevator ;n'"r-sts bought ev- . Central Lthr. Co.. 6S"s orai good-sised .ots of December oais 'o- I'-ioa Cane augar.. 52- day. They were aoid by a house with , Cal. Petrol. Corp.. 29 seaooard connections, which, too the . (?nra Products Hfg. 14 aeptemuer instead. ! .Nat. Enam. SI.. Liram inspectc-d toaayi v, neat. cars -orn. 172 .-are, oats, 3 cars; rye, i cai-a and bariey. 17 cars. Wej TaX I Today. Airo, Ago. I Wheat "I 92 U Corn .. 31 29 3 I Cats 3 1 24 j ST. LOCI3 RECEIPTS. Week T-ar ; Today, Ago. Ai. Wheat i IS lorn 7S 9S 4a Caia 13 24 5s NCRTH WESTERN tthZa" RECEIPTS Wes Taar Tiday. Ago. Ago. Minneapolis lis Si -o5 I Euiutil - 149 149 s Tota, 2-5 211 173 Winnipeg 108 ... 120 j PRIilART RECEIPT3 AND SHIPMENTS. Receipta Today. Wheat sns.onn Corn l.ns?.ono Oats 299.000 Shipments Wheat 585. non Corn 425.100 Cats 564, ion Tsar ago. 311, loo 593. 9O0 90MOO 4O-.O00 404, inn 551, j'Xl 11 74j 8 83 s- '- 70 38 i 87 "j 35 'i 91 22 i 31 1121 Range of prires of -he leading stock ram. shed by Logan 4 Bryan. Peters Trust building. RAIL 3. Tuesday High. Low. Close. Close. A., T. 4 S. 3" 7V-i 79 7 ST, Eait. & Ohio .... 311, Sit, 314j SO Canadian Pacific 113 112 113 112 'm N. T. H. R US'-, S7S 614. SS ii.-.e t- n 11 ti Ct Northern pfd. 90 Chi. tit. Western Li. nets Central . . 82 Mo,, Kan. A Tex. ...... o'an. City Southern 17 Mifsour' Paci21c .. 2414 N. T. X. H. A H. 29'-, Northern Pac. Ry, 71 at ' 111. & N. W 701, Ptnnsrlyama 3, R. 3S Reading Co S4 :-. a. L P its, SvUthera Pac Co.. 92, Souihem Railway. 23 C. M. St. P 3J u union Pacific 114 liSt 114 vvau&sii 714 71 STEELi Am. Car 4 Fdr-. . ' 39, IJ"'-, 199s, ISSei Alils-Cha.'ers ilfg. 37 t 37 37't 36"4 Am. Loco. Co 9S'-, 971, 371, 3714 Ba.dwm Loco. WsIlS HS'i 117 117 Beth. Steel Corp.. 9J 91 91 14 91 , Coio. Fuel A Ir. Co. 33 33 33 3S-4 Crucible Steel Co... Us.:, 144H 144i 1451, Am. Steel Fira. .. 394 39 391 . ... uit-nawaiina si. (o. . 3 Midva.e St. CrtL 43 Pressed St. Car Co. 99 Rep. Ir. A SL Co. r, Raii'y StL Soring.. ,, Sloss-Sbf. Sti. A Dt. Cnited Staiea Sti.. 93 COPPERS. Anaconda Cop. Tjlln. 5S4 Am. Sm,t. m Rfg. SO", Butte di Sup. liin. .... Chile Copper Co. .. Chmo Copper Co... "11 H Lisp. Cons. Cop... 53 tCennecott Copper.. 26 t! iliami Copper Co Ray Cons. Cop. Co. IS, Utah Copper Co tSh INDUSTRIALS. 91 '-, 84H 17- 70", 42 H 99 92 '4 99 65 93 56 SO iis, 52'-4 26 iv-4 S7 '1- 421, 99-, 2o, 99 SS 934 Sfi 60S, ii 30A, 53 26 issi 67 3hk 99 92 93' 66 i 80H 21 15 31 52 26 20 15 " Tha Price Current rain Repor-er, Chicago saysi Soil condition in the sur plus states la now almost entirely favor able except in Chio and Indiana where conslderaoie por'lons stay too dry. Acraage of spring wheat planted com pared wits. 1319: Minn.. S4. N. D., 90; S. D.t 68. Acreage of oata planted com pared w-.th ir.i: Ohio. 33, Ind., OS: Ills.. 97: Mo.. 31: Iowa. 9". Minn.. I'll N. D., J; i D., 100; Neb., 97. Xaa.. 14 J; tJkia.. 103. Acreage of com planted oanipared w"h 1919: Ohio. 92; Ind.. 9S; Ills,. 98; Mo.. 93; Iowa, 1 '5, Minn., '-'17, N. T2 , 99: S. D.. 157; Neb.. 114; Kaa.. 116: Iowa, 110. C-rowth condition of winter wheat ia -sft-mated as fojlows. Ohio, 2. Ind.. -16; Ills., Mo.. Si; Neb.. 13; Kaa, 31. Ckla. 94. Of sprng wheat: Minn., SS; N. D., 91: St. D.. 91. Of oats: Ohio. 92; Iptl., ; Eli., 97; Minn.. 90: N. D. 91. 3. D., 92; Neo., 96; Kaa., 93, Ckla,, 92; Mo., 57. Cf com: Ohio. 86. Ind., S, U.S., ft Ma, 67: Iowa. ,87; Neb.. 81 ; Kaa.. 89; Ck.a., 88. Grass crops in the surpius state show condition from 3S in Ohio to 101 In Neb., and generally are above 94. Percentage of the acreage of corn that has been cultivated one or more times is r-ported as follows: Ohio. 45. Ind., 41, Ii'.a. 39: Mo.. SS; Iowa. 51: Minn.. 71; N. D., 87; Neb., 42: Has.. S3; Ckla.. 40. TaUnncaptdis Grain. Minneapolis, June 15. Flour lin en angsd. Branl51.0(l. Wheat Cash! No. 1, Noi-hern, 12.30.0 too. Corn 11.74 ft. 77. Cats 11.06 Bariey 11.19 $ 1. 52. Hve No. 2. $2.18 S2.I9. Flax Na 1. I2.S6S2.91. Kaasns City Grain. Sansas City, Mo.. June lo. Corn July, 11.73; Septemoer, 11,67; uecember, $1.49. at. Lonls Grain. St Louis. June IS. Cora July, $I.7oi September. I1.T1S. Cats July. 11.04: September, ISc. "Befi ore you Invest Investigate A person should maintain a skeptical attitude toward all investments until their sound ness ia demonstrated. If auo-b, a policy were tjenerally fol lowed, tlie wild-tiat promoter would find no victims. In some investments the ele ments of hazard are so remote that there ia no possibility of " loss. Such an invstrnent courts the most tion. 3earchin? invesnsa- TVe shall be glad to firnish. all the evidence that you re quire retarding the inteirrity cf the first mortgage bonds ovned and recorrimended by Home Builders. Communicate with U3 on the subject if you have any funds to invest. American Security Company FISCAL AGENTS FOR Dodge, at 13th, Omaha. C C. Shimer, Sea. GL A. Rohrtjough, Pre. 14 re"" rer fflsnsi .... fur I l.i : ears- (1 years of sue aessfttl klsrory. Wrlta or enll far descrtptlTe elrcnlnr. ware re ,1 ar pramattoa stack ail shares fall fating. References! Aay Bank ar anker tn Qsa aha ar Brad street A Dsisu Dlrtrtende eat able quarterly. la addition to stMturlng the liherm; didiieiiil of io ca tlid first capnal obliifaiion of a strong, old established enterprise wale a ta aationaLy known, haying 51 honorable and suc cessful yeexs of history, an unusual opnortualty 1" offered to shar" ia tha large profits at tiim concern. Tli.n of f.irtng carries tie piivilcsp. and tiin rgit to purciias" a reasonable aaiotmt of cominon stock. The ill preferred stock, la tumu'.ativ and fuliy-particinatitis aad i )ann as tie Siniiini; Bmd Preferrwi Siork While the cost of livtn. ia higher, tin cost of invpst-.nif '.s lower; th.a stottk means largor pmsent sad fiituru in come from your invested finds. This isstiis tiernfor Is of imnsual tn rr.,sf. insomuch ia tie privilege thua .tccordml purchauers "f preferred shars is a valuab'e one. Thia company ia oa the eve of great expaasioa and the saie of 'hee securi ties ia soieiy to taka cars of the tre mendous volume of business which '.s ia our grasp. Price, $100.00 Par Shar?. Writs) Dpt. D, 1408 Jackaoo Street, Omahai, Neb. Andrew Murphy & Sea Itarphy Did It Since 1S9. Phone Douglas 2793. Tr ft WI mm tar Offiijagustei wsi9oai ' ' X OMAHA ..5r" , I jr PRINTING (try? f $A COMPANY i!jfc&- i smuKti mmjm rAStnA iuT New York Produce. New Tork. June IS. Butter F'rm; creamery higher than extras. 55 957c; creamery extras. 57'g5sc; f'.rsta, 63 56c; packing stock, current maka. No. 2. 410. Eggs Irgular: storage packed extra firsts, 45043c; others unchanged. Cheese Steady: unchanged. Live Poultry Quiet: no prices quoted. Dressed, dull; western broilers, fresh. 60c; fowls, fresh. 30(8 42c. Chicago Crodnee. Chicago. June IS. Butter Higher; creamery. 43955.. Eggs Lower: receipts. 31.717 eases: firsts, 3Sa40c; ordinary firsts, 14 35c: at mark, cases Included. 3638c; storage packed extras, 42 c; storage packed, firsts. 41 a Poultry A.!ve. unchanged. Kansas City Prod nee. . Kansas City, Mo., June IS. Butter Creamery, lc highor, 65 c; others un changed. Z g gs Un c han ye d. Poultry Heavy broilers. So higher; broilers, ail weights. 43 354c. Linseed OIL Duluth. Minn.. June is. Linseed 13.97 94.1)0. Chicaijo Closing Prices. 3t? Updyke .rain Art. Corn Juiy S-nt. Rye JUiV Sept. Oats July Sept. F.ik July Sept. Lard Juiy S-ot. P.ibs J-i;t S-pt. Open. . HigX : i 1.7S ' 1.79", I L68V L71 r"Ug. 2C27. June 1". Low. j Close. 1 Test. TS V 1.7S I.S9 1 2.21 i 2.22'' 2.1Sol 2.19 2.1? ; 1.94 j 1.94-, 1.90 1.91 1.93 .So .no ,54, .5;. ,S2 24.79 '34.95 24.70 24.75 34.52 25.75 36.35 35.75 36.25 35.90 ' ! i I 2fl.7n Il.on 20.65 20.95 20.79 2L62 21.9T 2L55 2L92 21.62 i ; IS.1T U.4- '1S.IS 19 47 19.22 19.95 9.45 19.C5 :"-9145 19.12 ;sit rluuuer ..o. . . 3 33 C-n. 21ec. i"t. . . . 14.: 13 las. 'Vtns. Wg, 1,: lien. Motors Co. .. 24 22 Goodrich Co 64 64 Am. H. L. Co. 17" TJr .5keil Br. Car. 7ri 69 3. Ind Ai. Co. S9 SS Inf. NicKei ...... 17 17 Lit. Faper Ca 77 7S A tax P.ubner Co :' iiir-a. Tire 1-15 105 ;- st. me T. B, !S, 27 ' il. Mora Mar Pt. 17 177 :,! .Idle 3. 01! 23 2S n.. Oiiies -las . . 39 m 5K yiliys-Owriand Co 19 la , i-an.-Am. P'. e Tr.191 19i4 t ?ler-e-.Arrow Motor 50 49", '.'Soya; Dutt-h Co. ..:u in I '- S l .loher I'.l lit 1 -j. 32 ! A.m. Sugar ar. Co.1.5 124 125 -J 30 IS New York Money. New Tork. .7-ipe 16. Mercantile Paper t per cent. Exchange Strong. ( Sterling Slity-day oil's. 13.90: com mercial 00-day bilii on banks. $2.9n; com mercial 60-uay bills. I3.S9. demand. 13 94: cables. 13.95. Francs re.rr-.and. 7.79c; cables. 7.82c Beigiaa Francs Demand, S.ilc, caaies. J.13c Guilders Demand. SS.OOci cables. JS.OSc. Lire Demand. 5.75c; cables. a.75c. Marks Demand. 2. 4Sc; cabies. 2.49c. New Tark Exchange on Montreal, 13 113 per cent discount Bonds uoveranient. Irregu.ar; railroad. easy. T'nu Loans Strang; ail dates, 8 per cent Call Money Strong; high, 7 per cent; low. i per cent; ruling rate. T per cent: U.71. 4 cables, tt.lt. :a:r Oil Rfg. i.-ars-RoeoucK Co ;ir"ng. Cam. Co.. 75' 75 75 75 ctudenaker Corp. .. 69 SS s st Too. Products Co.. 69 19 g 54 T-an?-.'on:in ii Oil 14 1.1 1.2 is Txas Oa 47 47 47 47 T'. S. SViod Pr. Cor. 65 64 64 64 The White Motor.. 51 51 51 Western Union.... S4 ?4 $4 , f Wost't'h se H. 4 M. 49 49 49 49 Am. Woolen Co.. .101 99 100 99 Total sa.es. 379,400 shares. Money Close, t per cent; Tuesday close. 7 per cent. Marks Close. .0250c; Tuesday close. .024O& Sterling Close, 13.11; Tuesday cloaa. Tarpentina and Bnetn. Savannah. Ga. June IS. Turpentine, firm. $1.50. aalea. 280 casks; receipts, 296; shipments. 75; stock. 19.40. Rosin Firm, sales, 1.S6I bhla; ra eelpts, 722; shipments. 1,307; stock. 17, 250. Quote: B. D. 7S.IS1.IS: K. 16.459 16.52: 7. $16.45 16.S5; G. IIS. 50 S16.5S ; TS. 'lS.ao15.55, L 116.50916.5;; K. IH.S5SH.su; M. IISlHO'S l.sn: . llS.no 1S,70; W& H6.Oe9i6.dO; WW, 116.00-3 15.I0. sfra CoiwraaAi pristzss 4rrH3Sr!ApHE&s - Shel Die EMsosstw loosc t.Er oevtcEs The Buyers' Market The conservative investor has opportunities today that coma once in a lifetime. Xot for many years has it been possible to purchase such high grade securities with such high interest, yields as are offered in the present market. When this abnorrnal situation stabi lizes, it will probably be years before such a favorable buyers' market will again be known. The man who is looking ahead should invest his funds in safe bands with Ions maturities, for he can procure high interest yields that will not be obtainable when we return to "normal. " Hence he will be protected ajrahist the inevitable decrease in interest yields for the Ieneth of time his investments run and will have opportunities of disposing of his holdings at substantial profits. WRITE OR PHONE US FOR OFFERINGS. Stern Bro1 U Company j ha Peters Trust Building Tel Douglas 68! 6. Investment Bankers UPDIKE SERVICE We Specialize! in the Careful Handling of Orders for Grain and Provisions FOB FUTURE DELIVERY IN All Important Markets WE ABE MEMBERS OF- Caicago Board of Trade St- Lotus Merchants Exchange Milwaukee Chamber of Commerce Kansaa City Board ot Trade Minneapolis OmmtTTr ai Commerce Sioux City Board ai Trade Omaha Grain Exchange WE OPERATE OFFICES AT , I OMAHA. NEB. CHICACa LI GEM EVA. NEB. j I LINCOLN, NEB. SIOLX CITY, IX DE3 MOINES, IA. I HASTINGS, NEB. HOLD RE CE. NE3. MILWAUKEE. WIS. , i ATLANTIC, IA. HAMBURG. IA. i All of these offices are connected with each other by priyate wwes. We are operating large up-to-date terminal elevators in the Omaha and Milwaukee markets and are in position to handia your shipments in the best possible manner i. e.. Cleaning, Transfenng, Storing, etc It will pay you to get in touch with ona of our offices when wanting to BUY or SELL, any kind of grain. WE SOLICIT YOUR Consignments of All Kinds of Grain to OMAHA, CHICAGO, MILWAUKEE and SIOUX CITY Every Car Receives Careful Personal Attention The Updike drain Company THE RELIABLE CONSIGNMENT HOUSE 'Hap-", crjn AuToToinnsT Store. OMAHA. V.3J.. isaean 'tew n'W 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 4 Ten Year Sinking Fund Gold Bonds of this Corporation at 97 s and interest yielding about 7.85 CIix-'t on Request for OB-313 Comply OfTicea .a uwer - J Cities Omaha First National Bank Buildina? Telephone 331 Douglas THE STATE BANK OF OMAHA Corner loth and Harney Streets THE LARGEST STATE BANK IN NEBRASKA Total Resources Over Five Millions A Conservative Policy 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 axe protected by the Depositors' Guarantea Fund of the State of Nebraska. fHE SAFEST PLACE IN NEBRASKA TO DEPOSIT YOUR MONEY We Infite Your Business Officers and Dtrectorat ALBERT L. SCHANT2. Pres. DA-V W. GAINES. Vies Pres. F. 2f. HIGH. Cashier. OSCAR KEELXN2. A. A. NELSON, Ass t. Ca-hier. W. C. DAVIS. Asst. Cashier. C. I MUHPHT. Ass t. Cashier. JCTJGE J. H. HANNA. We Offer $500,000.00 American Bank Building 8j Participating Preferred Stock Tax Free in Nebraska Exempt From Normal Income Tax Non-Assessable JCwUllijf weath. No man can offer better se curity than well located buaines3 property. The American Eank building sita i3 located in the heart of Omaha's business activities ; therefore the safety of the investment ia unsurpassed. Farnina PnwprTIle rsEtaI ij1-c-e of the r-arning rower Americaa Baak Building haj been very conservatively estimated as more than three times the dividend requirements. These se curities yield 8 aa a minimum and participate in the earnings of the company. flnnnrtnn.tvThlIS viewed from every angle, UppuilUlluy SAFETY of principal, its earning capacity and certainty of Sfo OR EETTER returns, we feel that no investment offered the general pub lic can compare with these AMERICAN" BANK BUILDING securities. Offered in Amounts of $300.00 or More. Terms if Desired. For Fall Information Address: American Bank Building Co. Room 6, Wead Building. Omaha, Nebraska. 1