o
T'.'"T'X'
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THE BEE: OMAHA, SATURDAY, JUNE 19, 1920.
Market, Financial ' antf Industrial. News of , the Day
live Stock
' lUoelpta wr:
, Monday official.. . . ,
Tuesday official....
Wednesday official.
Thursday official..
Friday official
Saturday estimate. .
Dam day last wk.,
Sam 1 wki. aco
Sam t wks ao. .
Omaha, Juna 1.
Caltl. Hon. Shp.
I, UJ 10.U4 10.688
'i.iii ,m i.io7
. J.8I 11,8 4.139
. J.53S 12.72 7,103
. 1,644 11,630 1,083
. 800 6,(00
10.213 66,171 21.531
18.311 64.704 15,078
10I267 71.768 16,874
Financial
Bam daya year ago 21.371 80,182 '3I,I8
Receipt and dlspoHltton. of lire stock at
tha Union Stock yards, Omaha, Neb., tdf 34
houra ending at 1 o'clock p. m.. Juna 120,
RECEIPTS CAR LOTS.
Cattle. Hog i. Sheep. H'r'a
"Mo. Pacific .
Union Pacific , ...
C. N. W., east . . .
C. N. W., wont . . .
C St. P.. M. ft Q. .
. C...B. ft Q , eat ...
. C B. ft Q., nt ...
- O.i H. I. ft P., east .
C, R. I. P.. west .
Ulllnols Cfntr.il . ...
Chi. Ot West
. . . Total receipts. . . .
16
IS
S3 . ..
8
DISPOSITION HEAD.
Cattle. Hogs.
Morrl ft Co
' Swift ft Co
Cudhy Packing; Co. .,. ..
Armour ft Co ,
6ohwart ft Co.
J. W. Murphy . . ." ,
. Cudahy, from Wlchlla . . ,
Swift, fromFort Worth
Llnlnger a, .
374
156
188
1,123
2,247
1,651
472
2,242
18
Tqtl
630 s.qsi
. Cattle Cattle receipts today were esti
mated at 1.000 head or about tha same slue
as yesterday's run. For the six days the
total is close in to 20,000 head or about the
same size as last week's run but some 3,000
"abort of that of a year ago.
As compared with last week's close bst
heavy steers are very nearly steady, some,
however, showing a decline of 15 20c.
Plainer grades and grassy , kinds, row-
ever, are all f 25 4j50o lower. Yearlings
have sold more actively all during tha
week and show a gain of around 25c with
a top of 816.60 paid on Friday or the, high
est srlce on the beef market since laut
Oetober. With the exception of Wcdnps-
day's trend of low price has been down
ward leaving best kinds around 25c lower
" and others 26 7 5c off. Light veals have
advanced 25 50c during the week with a
top of 814.60, but beef and bologna bulls
'bow a alight falling off. Stockers and
. feeders look a half dollar lower than on
'" last Saturday's market.. Stork cows and
' heifers have been especially hard to sell tit
' a decline of 6075c except to packers at
cutter and ranner prices, i
" Quotations: Good to choice beeves,
' I15,601()l(i.25; fair to good beeves, 814.76
18. 60; common to fair beeves, 313. 78
" 14.76; good te choice yearlings.: 616. 60
16.36; fn lr to good yearllmu. .- 14.2ftn)
15.26; common to fair yearlings, Mil. 00
14.25; choice to prime heifers, JJ8.00
1.1.75; good to choice heifers, 312.26 13 00;
fair to good heifers, 111. 60 12.15; choice
to prime cows. . si?..ifrii;i.' n; koou In
choice cows, tll.OOg12.00; fair' to good
cows, fl.no10.75; common to fair cows.
., t6.00Oi7.60; choice to prime "feeders, 110.00
11.00; good to choice feeders, 9.26
.10.00; medium to good eeders,. 88.50$)
.'.1. 85; common to fair feeders. 7.B08.60;
good I to choice stockers. 110.0(1 10.75;
fair to food stockers, 89.00 (i 10.00; com
mon ta fair stockers, 87 268.76; stock ?''lra""c""ns ,tnat'true
heifers, .fs.OOfc 8.00; stork tows, i $q.60i tor dld. rise to; the surfa
7.00; stock calvris, 7.r,l)(tir9.00: ve;.I Vf'-d't B""atln continues tense, e
. Mil.
12.60.
stats, etc..
. Hogs There was alight run of hogs
Saturday, estimate calling for only 92
loads or 0,500 head. The run for the
week Is not quite as heavy as week ago
or the same period last year. Trade has
: been decidedly uneven and . while it has
been largely kn , up and down affair a
broad shipper demand ' has gradually
forced orlces to higher levels. Quality Is
"'cutting- more of a figure than for some
time, both packers ana snippers snowing
an eagerness for the best finished hogs.
Till reverse nas oeen trusi cr nogs lacic
Ing finish and they have suffered, accord
ingly. Saturday's rhSrMt waa th highest
of the weak with around, 11 it higher
n Friday, the weeu closing with prices
rely 25050c higher than last Week
than
larsely
Saturday. Bulk of Saturday's sales was
H4.10O16.00 and a top of 116.25.
" HOOS. '
No. Av. Sh. Pr No. A v.
46. .881
81. .161
61. .lis
T3.i261
83. .300
88'. .135
(7. .271
86. .204
78.. 227
M..183
..160
:.ai..20$i
40 (13 80
70 14 00
14 15
14
110
65. .150
68. .109
6(1 ..311
63. .260
80
150
14 85 ; 70.. 244
14 4h
.Sh. 1 Pr.
260 $1S 85
70 14 10
110 14 20
..14 30
. J 14 40
14 55
T4 r.v
70
14 50
14 60
14 70
14 80
16 00
H 15
to. .126
29. .179
62. .260 ;
14 76 ' i 59. .224
14 85 66.. 172
15 10 51...216
15, 25 ...
Sheep All elarsci of sheep and lambs
have been flower this week. The decline
In range lambs amounting to about 81.00.
Fed shorn lambs about 81.50 and fat
sheep from 75c to 1.00. Nothing was re
ceived for. today's trade.! Good western
. range Iambs have dropped to 16.0016.25
' with best ewea around 7.257.i0. feeder
grades continue quiet ' at prices 6c76c
lower than a week ago.
Sheep quotations. Fat range ' lambs.
$14.75fe16.25;. fat shorfi lambs, 113. 60
14.50; feeding lamtoj (JH.20teli.S0; tail
lambs, 18.0010.00; yearlings,. J10.00J?
11.60; ewes, 86.Q0tj7.76;, ewes, culls and
canners, 2.005.,OO. ' , . i; . r,
Chicago lire Stoct, J
Chicago, June 19. (U. 8. Bureau of
v Markets Report. )-r-attl Receipts, 1,500
-f head; - compared 1 with week age: ' Beef
v steers, butcher bulls and. choice cows and
heifers, 25o l&wer; other- classei and
Mires, lOo to 76o lower. .,
Hogs Receipts, ,0.00 head; market
mostly steady to 18c higher than 'yester
j day's average, better gradea gaining most;
top. $15.86, and bulk, all weights, 114.60
1 16.70. . i T
. Sheep and Lambs (Receipts. 10,000
head; no market today, most receipts di
. ract ta packers. Compared with week
1 ago: New crop lambs, 75c to 11.00 lower;
pots, 11.50 lower; yearlings or shorn
lambs, 11.60 to 82.50 lower; handyweight
awes, mostly 11.00 lower,, handyweight oft
more. . j-
,'!:. City I.Its Stock.,
i iVansas City, Itto., June 1. (U. S. Bu
rean of Markets.) Cattle Receipts,
2,460 head. For week.: Beef steers, steady
at 31.60 lower: quarantine cattle. 75c 'S
fl.ll i lower; she stock' and cutters, 60o to
11:81 lower; canners, - iOtHir; jower;
calves, ' H,003.r0 lower; stockers and
- rwd'ers, 6c II. Ofr slower.
VXogs Receipts. 1,200 bead; market
aieady to 10c higher; top. 316.00; bulk
heavy and medium, 16.0Q16. 26; - bulk
light, 14.C016.00. J
Sheep and Lambs Receipts, 2,000 head.
For week: Best lambs, 11.0001.60 lower:
ethers 1.002.50 lower; , sheep and
yearlings. 60cll.00 lower. . H i ; .
'. x Woux City Live Stock.
Sioux City. Ia.. June ,19, Cattle Re-
alpts, 40o" head; market steady; . bef
' ateers, cnoice rea, in.oowis.oo; short fed.
11.00014.00; fed yeetrllngs, lll.0016.25;
gTSIS steers. 9.OO012.6O, grass, cows,
jl.809.60; fat cows and heifers, 19.00
11.15; canners, 14:006.5; vsal .calves,
tT.00O15.00i common calves, 5.509.60;,
(den, tl-Meil.00; feeding cows, 86.009
8.W; stackers, 17.00 8 10.00; stock heifers,
.608.60. j ;
Hogs Receipts, 8,00 head; qiarket 18c
to25o higher; light, J14.0016.10; mixed:
(14.00Olt.60; heavy,rll.T514.6; bulk,
114.20014.80. , ,
, No sheep and lambs. i
Cliliago Tiibuue-Dmulia Itee l.iM.ifd Mire.
New York, June 18. The center
of interest in todiy's markets lay in
the bank statements.. As was to be
expected at the, end of a week of
transactfoin of magnitude, including
the retirement of a great block of
treasury certificates, the payment
for a new block of the same japer,
income and excass profits tax pay
ments and government bond interest
disbursements, the banks disclosed
some radically changed items.
As member institutions liquidated
a large amouut of loans,' the fceral
reserve banks' ratio of reserve to
liabilities advanced nearly 2 ptr cent,
compared with the preceding week,
the rate being 42.5 per cent, against
40.6 per ceit. Members reduced re
discounts of notes secured by gov
ernment war bonds approximately
$88,000,000 and cut down commercial
paper rediscountssnearly $24,000,000.
This they were assisted in doing by
the fact, that, the proceeds of
liquidated 'treasury certificates' sun
stantially exceeded ' the payments
wiiii.ii uic oaiiKs- in tne second re
serve district made Tor new certifi-
tatc; i
Shows Effect of Borrowings. ,
The clearing house report showed forth
the effect of borrowings bv income m
payers and so, near the end of the
wren, oi me jid.oou.ooo BflElan govern
nent loan suhscrlptlons.. The surplus re-s-rve
fell 141,900.000, causing a deficit f
11,847,000 In the reserve ss reported In th3
statement of actuaf conditions. There was
a deficit a year ago and two others earlier
this year. Loans increased 143.400,000 and
reserve Credits at the reserve bank receded
W9.700.000. 1
On the stock exchange Liberty bonds
and Victory notes gained considerable
ground, continuing the firming tendency
noted on Friday. The new Belgian gov
ernment bonds were admitted to trading
but found the demand sufficiently Indif
ferent to" causo a fractional decline.
Stocks were exceedingly dull and Irreg
ular without uncovering, any points of
weakness. ,Oi the other, hand, a number
of specialties gained si point or more and
declines were mainly Unfiled to fractions.
The "foreign" silver quotation to the
local market advanced 2 He per Mace, fol
lowing the London cable quotation of
50 pence, compared with 49,4S pence on
FridaV. Th fnroliflV PV.inn?M morlr.f
acted indifferently, sterling -shading up
ward while franc's , were a trifle lower than
the Uey before.
Stocks More Firm,
The week brought, a somewhaf more
cheerful tinge of sentiment toward slocks
than had existed the week before, the rail
road Issues .shaking off something of tha
doubtful quality which' had previously
marked them: It was an open question,
however, whether ' professional dealings
had not accounted for so great a part of
all transactions that true underlying fac-
ice. The
evidenced
by 8 per cent commercial imDer monnv
and nervous fluctuations of the demand
limn rate between 6 and 9 per cent In the
last few days.
Industry is handicapped byj-islng costs,'
brougsft. about In large parr by insuffi
cient railroad transportation and there are
no clearer signs as, yet of a cessation of ,
price cutting in lines which are not in.
pealing to consumers on the current price
basis. At the same time, the teel trade
is decidedly active and this condition hard
ly spells depression In Industrial fields de
pendent upon this industry. , .
. ! y V - v -
New Tork Quotations. V
: Range df price of the leading stocks
furnished by Logan ft Bryan, Peters Trust
bulldljav ' Friday
High, Low. Close. Closo.
Rails.
A. H. & S. F. ...... 79 .79 -7.97s 79'4
Baltimore & Ohio 3094 30 4 30i 31H
Ci.hadlan Pacific. .113 112Ts 112 112'k
M. Y. & H. R 681J f,8Vi 68? 684
Erie lej R 11 11 11 11
Clt. Northern, pfd. 69 69V 69 69
C. Gt. Western.... 7 7?, 7? 7
Ulirtolj Central .. 824
t Witt m. n. V -71
Omaha Grain
Omaha, June 18, 1920.
Fair receipts of corn and wheat were
on hand, today, corn continuing to exceed
the total' of other grains. Wheat 'sold
slowly. Prices wr off from le. to 7c',
lower grades suffering the greatest de
cline. ' No ex'port ' bids were reported.
Corn ranged a cent up, to la off. White
was unchanged to a cent, higher, yellow,
generally lo to !o lower. Oats were lc'
to 14c hlither and No. 1 'white a rent up.
Rye prices were weak and barley un
changed. 1 WHEAT.
.No, J hard: Scars, 12.78.
No. 3 hard.' Tear. 12.78: 1 car. 12.77:
t-i cars,' 12.75;. 2-5 cars, 12.73; 1 ca",
f.73 (6 per cent mshogany); 1 car, il.TJ
(smutty 1. I
No. 4 hard. 1 car, 12.70; 1 car.. 12.68
(smutty): 1 car, 82.67.
No. 6 hard;-1 car, 92.C0.
No. 3 mixed:. 2 cars. 12.63.
V ' CORN. ' '
' No. 2 white:. 5 cars. 11.91; 1 car, 1.91
(ihlppers" weights.)
.e. 3 white: 1 3-5 car, 11.88.
No 1 yellow: 2 cars, 81.81.
No. 2 yellow; 1 car, 11.81; 9 cars, 81.80.
No. 3 yellow: 3 cars, 31.78.
No. 6 yellow: 1 car, 1.70 (dry musty).
Sample yellow. 1 car, 1.35 (heating).
No. 2 mixed; 1 car, 11.86 (near white);
3 2-6 cars, 11.78.
No. 3 mixed: 2 3-5 cars, 11.85 (near
white); 3 cars, 11.76; 1 car, 11.76 (dry);
1 car, 81.35; 1 car, 11.74.
No. 6 mixed. 1 car. 11.65 (musty
.Sample mixed. 1 car, 11.58 (musfy); 1
(Br, 11.50 (heating).
OATS.
No. 2 white: 1 car, 11.4.1V4.
No. 3 white: 5 cars, 11.18; 2 cars, 11.13
((.nippers' weights),
RYE. i
' No. 3; H car, 12.10. I
No. 4! 1-3 car. 2.10. ,
" BARLKY.
Rejected: 1 car. 11.40.
CHICAGO CARLOT RECEIPTS. '
Con
Today. Wk. Ago. Yr. Ago. tract.
Wheat 42 S 11
Corn .V.. 143 1 J69 169 104
Oats -.47 06 140 24
.... KANSAS CITY RECEIPTS. 4 '
, Today. Wk. Ago. Yr. Ago.
Wheat : 129 307 . .13
Corn .! 16 , 38 1 63
Oats ! 11 7 . .'11
ST. LOUIS RECEIPTS.
Tnrtrtw WU At.,,' V, A n
Wheat ...' 46 ' 86 ' 15
Ctrn 72 96 , , 65
Or.ts - 12 . 29 89
OMAHA 'RECEIPTS AND SHIPMENTS.
I . . Week Year
Receipts Today.'" Ago. Ago.
Wheat r.O 46 7
Corn .., 85 95 71
Onts IK 14 71
Ryo 2 . 1 . J
Barley 1 3 , 1
Shipments .
Wheat ' 30 . 57 9
Corn 68 57 90
Oats , 13 102 ' 31
Rye 3 10
Barley 1 , . . . , z
NORTHWESTERN WHEAT RECEIPTS.
Chicagoain
60,000 bushels rye already loaded for Im
mediate shipment to the sesboard, but
have been unable to get bids. A large
Pacltlo coast holder of 40,000 tons of Cali
fornia rye delivered by Psclflo mall
steamer at Baltimore In 30 days at 13.30,
freight paid. It Is said that with the
royal commission out of the market at
present and all Europe seemingly filled
up for the moment, further export demand
i.i not likely this week. , r
Edmonton. Aita . wires: "Heavy rains
here last three days and crop In splendid
condition. Ample moisture fbr next
month."
Cash wheat at Minneapolis reported slow
and 60 lower, according to Shaffer A
Stream's advices from the northwest.
' Fort Worth wires John F. Barrett of
E. Lowltx & Co.: "Texas will produce all
the corn it needs again this year. Won
derful rains."
Great Falls, Mont., wires. "There is not
a single grain spot In Montana that has
not had good soaking rains this week;
warm, sunshiny weather here this morning.
Chicago Closing Prices.
By CHARLES D. MICHAELS.
(Chicago Tribune-Omaha Bea Leased Wire)
Chicago, June 18. July and Sep
tember corn sold at new high fig
lfres on the crop and c'osed within
a fraction of the top. Trade was
light but the local element went
short on wliat, they Regarded as a
bulge and were forced to cover to
ward the last. Final trades were at
net gains of l$iVic while oats
were up JjJic. Rye was under
pressure and lost while bar
ley was unchanged.
Corn was on the upgrade, the
greater part of the week with a
range of about lOJc, closing with
n"t o-.iins of 9l4(?i)9i4c. an rnmoared
With the previous' week, While OatS f .i??' Co. Doug 2727, June 19.
IffflU,. . Pv .met. Art---I LOpen. Hls-h. I Low. Close. Test.
..v.v u. I corn
tied, and closed 4c higher,, on JulyjJuiy
and ljc off on September, while ; sept,
barley was unchanged. . ?'',"
Sentiment Bullish. i Sept.
There was little In the news on corn Oats
that attracted much attention, but sentl- : u'y
ment was generally bullish and there Is , eP-
mora or less disposition to buy the Sep- or
tember on the breaks. Premiums of the t July
cash article were well maintained early, ; "CP
but the spread between the July and
the No. 2 yellow narrowed at the last
as buyers refused to follow the advance In
futures.
Receipts were 194 cars with sample
values unchanged. Shipping sales, 6,000
bushels. ; Crop reports generally favorable.
merous bad crop reports on oats led to .,, '"" T
persistent buying of September by com- j v' nran 161 00
mission houses, and with a good class of ! . ivheat Cash
buying In the July an advance was easily j , 00 '
1 Lard
' July
, Sept.
I Ribs
1 July
Sept.
1.79 1.81 1.69 1.81 1.794
1.70fc 1.71 1.69& 1.71 1.69
2.15 2.16 2.14 2.15, 2.18
1.88 1.89 1.87 1.89 1.89
1.04 1.06 1.04 1.05 1.04
.86 .87 .86 .87 .66
34.86 34.85 34.60 34.60 j 34.70
36.40 36.40 36.35 36.35 36.36
20.90 20.90 20.75 20.80 20.86
21.86 21.85 21-.72 21.72 21.86
18.45 18.45 18.45 18.45 18.47
19.45 18.45 18.42 18.46 19.45
Perfunctory Sessions of
, " Market Feature Trading
New York, June 19. Flv full sessions
of perfunctory and very uncertala price
movements have followed the republican
national convention which adjourned last
Saturday night.
In the oplplon 'of observes, however,
the market's apathy was hardly due to
political developments which In their Im
plications seemed to be accepted as favor
able to the continued prosperity of do
mestic Industries.
Transpogtatlda conditions Improved to
thk extent that It was possible to send
larger quantities of grain to distributing
points and' increased shipments of fin
fliheii steel and iron were renorted. In some
lines of manufacture, notably textiles, cur
tailment of production prevailed.
Railroad sharea which had been under
pressure as a retnaa of the reduced Chi
cago & Northwestern dividends rallied
moderately when It became evident that
this incident was not sympathetic of gen
eral conditions. r
Cah money was abundant at the ruling
rare of 7 per cent, but no relief from the
protracted stringency In time money was
evinced, nor Is any favorable change ex
pected urtll the end of the current month.
Minneapolis Grain.
June
19. F
Ipur
Un-
No., 1 northern, 12.90
Week Year
Today. Ago. A-:o.
Minneapolis,. 217 223 fM
Duluth ..?.: 20 39 5
Winnipeg ...... 107 36 . 113
FRIMARY RECEIPTS AND SHIPMENTS.
Receipts Today. Year Ago
Wheat
Corn i .
Onts
bntpnients -
Wheat
Corn
Oats
...731,000
. . ;io,ooo
. . .393,000
. . .449.000
...371,000
. ..32,000
23S.0O0
629,000
8G3.000
236.000
418.000
701,000
24
29 M
70 i
68.
386,
1 84
36 i
92
23
26
3?H
71
lit
388;
K4
36
23 ,
Mo., Kill. Tex..
Missouri Pacific..'', 24 J4
N. Y., N. H.' A BV. 29 29
SoMhern fW Rye 71 "'70
Chi. St N. W 68 V68
Penn. R.i R. ...... 38 118
Reading Co 84 V4
i f ;;iii :iii,i
Seutb. . Pacific Co. 93 : 92
Southern " nRtlwa 23 23
Chi.. Mil. St. P. 33 32 82' S3 '
Union ''Part 76 ! .'...113 113 11.1 'i 113
Wabash. .....7 7 7 ....
STEELS
Am. .Car & Fdry..l39 131 139 - 139
Am. Loco. Co. .... 98 97'i' UK 97
Ctd. Allow St. Corp 43 ,43 43 ... ,
Baldwin Loco. Wk.llSi I1IK4 US'. Ill;
Jlelh. Steel Corp... 91 90 90 sl
rucioie oil. .i;o. ..Jti' I441,! Hit'
Am, Stl.'Fdry .... 38 38 38
men wna u to. . . iz -Mldvale.'Rtl.
& Ord....,
Pressed Stl. Car Co.;.'.
Rep. I. Stl. Co. 93
Sloss.Shet, Stl. & I.i 71
L'. VS. StSel" :-.....( 3 7
COPPERS
Anaconda Cop. Min. 68 66 ' 66
Am. Smlt. A Rf. Co 60 ! 60 60
Hutte & Sup. M. Co....-. .
'hlle Copper Cb... 16 15, 16
1'hlno Cop. Co. .. 31 30 31
Calumet & Arizona ..... ;...i ....
Insp. Cora. Cop... 63 62 62
Kennecott Copper. 26 26 26
Nev. Cons. Cop Co. ,..'
Ray Cone. Cop. Co. "
Utah Copper Co.i. '
' 'INDUSTRIALS.
Am. Beet Sugar-. . . ..." ' ... .
A.. Q. & W. I. S. 8.161 161 . 161
Am. Inter. Corp. i. 87 - 85 j 87
AIll. UIIl. iuu, -O . on
Am. Cotton Oil Co. 44
Am. Tel. & Xal. . . , 93
Arm Zinc, Ld. & ST 14
Brooklyn Rap. Tr. 13
Bethlehem Motors. 22
American Can Co. 41
Chandler Mot. Car.102
.71
't
71
03
92
71
3
Ccnlral Lthr. Co. . 67
Cuba Can Sugar.1,. 63
Cal. Packing Corp, 69
Cal. Petroli Corp..' 32
Corn Prod. Rfg. Co. 95
Fisk Rubber Co... 33
7
44
93
14
12
22
40.
100.
145
3
72
42
99.
?0
3
. 56
60,
21
15
"68"
52
, 26
12
16
68
90
161
787
88
Kansas City vires: Wheat harvest is
In full swint: as far north as central Kan
sas. Crop Is better than estimated. There
is an abundance of labor 4n the wheat re
gion. The way, men are moving into the
wheat country' show conclusively that
there Is a large supply of Jdle labor all
throuKh the west; ;
' Washington wire says: . United States
Shipping board has been asked to put Into
grain-carrying trad on the Oreat Lakes
all Its 6oats on the lakea which will com
prise 20 boats averaging 4,000 tons fach.
It. Is estimated these boats could relieve
the car shortage and congestion In west
ern elevators by-"movlng 20,000,000 to 30,
000,000 bushels of wheat to the seaboard
eWvutor which, are not filled, except
Baltimore which is filled. Boats will be un
leaded at Buffalo and cargo transferred
to .Krle xanal boats. The United States
flhipping' board Is at work on the matter
and a decision is to be rendered very
sllbrtly.
attained. At 87c for September numer
ous resting orders to sell were encountered, i
but the close was at tnat ngure. mere
are several strong commission houses and
local professionals working on the bull
side. of the market.
Premiums Firm.
Premiums In the sample market were
firm at 15i&160 over July, paid for
No. 2 white oats. Offerings light and
shippers took hold readily. Receipts, 73
cars, with shipping sales 126,000 bushels.
Crop reports from central Illinois were
mixed, ana tne eariy compiaims oi uij
weather from that section. Weekly fore
cast indicated moderate temperatures
with considerable cloudiness and occa
sional rains In all sections. Rye showed
a heavy undertone from the start and
despite buying or July by houses with
New York connections the close was easy.
No. 2 on track sold at 10llc over July
tO 07 Doufnt. fnllt. run
nariey was uuu win m ' -
$1.55. Reeolpts, 15 cars.
Demand for cash wheat was fair with
sales of 66,000 bushels c. I. f. Georgian
Bay at 12.93, or the same as the late
t.i,1a ITrlrinv.
New Tork reported grain offered there ,
at 13. No business was reponea ai me
gulf. 'Charters were for 30,000 bushels
at 2c to Georgian Bay.
Cash wheat prices In the leading mar
kets were unchanged. No sales reported
at Chicago. Minneapolis unchanged. Re
ceipts, 9 cars. ,
Pit Notes.
Over night shipping sales were 126.000
bushels oats, mostly new, for August
Soptember shipments; also 10,000 bushels
wheat and 6,000 bushels corn.
Loral cash handler says, "Toledo and
Michigan have offered lots or 25,000 to
Corn 11.761. 78.
Oati 11. 07 1.09.
Barley 11.1901.50.
Rye No. 2, 12.16 2.17.
Flax No. 1, 13.76 3.80;
St. Louis Grain.
St. Louis, Mo., June 19. Corn July,
11.82: September, $1.72.
Oats July, 11.05; September, 87e.
Snot Cotton.
Now Tork. June 19. Cotton front.
yulet; middling, 39.25c.
Evaporated Apples and " Dried Fruits.
New Tork, June 19. Evaporated Apples
Dull.
Prunes, Peaches and Raisins Firm.
Apricots Firm.
Diversified
Investments
In these days of readjust
ment one may profitably em
ploy funds in a wide range
of securities through the
careful selection of meri
torious issues. Diversifica
tion insures safety. Odd
Lot orders (10 shares and
upwards) are given careful
attention. We invite your
inquiries.
WEEKLY FINANCIAL
REVIEW and frequent ana
, lytical reports mailed gratis.
LW. Wagner & Co.
Established IS87
New York Stock Exchange
Chicago Stock Exchange
Cleveland Stock Exchange
D t r o i t Stock Exchange
Fontanelle Hotel
Omaha
Rumors persisted of snother movement
of gold to this center from London and
maybe the Far East. These were supported
mainly by the strength of sterllns . en-
change In this market and the enlarged
bullion holdings ot the Bank of England.
Bar Silver.
New York, June 19. Bar Sliver Io
mestlo 89 c; foreign, 91 c.
Mexican Dollars 69c.
Chicago rotators.
' Chlcaoo, June 19. Potatoes Market
weak; Receipts, 62 cars; eastern cobblers,
barrels. $14.0015.00; Florida Spauldlng
Rose, $13.00914.011.
Kansas City Crnln.
Kansas City, Mo., June 19. Corn July,
$1.76; September, , 11.69; December,
11.60. T '
r
New York (ienerel.
Now York, June 19. Wheat Spot,
Quiet; No, 2 Red, No. 2 hard and No. 2
mixed durum, 3.0 c. I. f, track. New
York, i export.
Corn Spot, quiet; No. t yellow. 12.08
0. i. f. New York, 10 days' shipment.
Oats Spot, firm; No, 1 white, 11.15"?
1.37.
Tork Steady; mess, 10 00f 41.00.
Other articles uurhanred.
Cotton Futures.
New Tork, June 19. Cotton futures
opened firm; July 17.65c; October. 36.16c;
December, 34.00c; Junuary, 31. 40c; March,
33.7CC.
Duluth,
ei.88.
Unseed Oil.
Minn., June II. Linseed, $1.86
2
87
- 44
93
14
12
22
40
102
67 67 ,67
69 68
30 31 30
93 94
33 ' 33
11
22
40 'i
101
For BIG PROFITS -uy
"OPTIONS"
lamed ler 6 and 9 Moirtti) e
German Mark v
French Franc Italian Lire
The currency of these countries is now ai
the lowest price in Jilntory. t This Is a won
derful ojiuprtunity for bic .profits. Hi'" tV
long-time Option, as we xpect a big ad
vance should mon take place In the vtuue o.
the coin. .
$ 50 Buys Option on 10,000
$400 Buys Option on 100,000
MARKS. FRANCS AND LIRE
On every advance of lc holders of Options
on lOtl.000 Marks. Fnnin or Lire make a
profit of $1,000. Larger or smaller Options
proportionately. An advance of 10c- is pos
sible durlrts the next few months, which would
mean. 310.000 profit on 100,000 Marks. Francs
or Lire Options. ,
Mall remittance far the currency and slis of
Ostion you deilre. Priest for.. these eurrtsclet
art advanclne daily, therefore, act sulokly. '
.WARM WEATHER IS THE
BREEDING TIME FOR RATS
AND MICE. RID-OF-RATS pre
vents raising; of new supply. If
you have used It,..uae more! If
not, start now I Non-Poisonous .
and sold under Money-Back Guar
antee. If your Dealer can't supply
- you write to us.
Small Box 15c. $1.00 per lb. in bulk.
Berg & Beard Mfg. Co., Inc.
100 Emerson Place. Brooklyn, N. Y.
Ye Offer witl1 ?ur recommendatin the following
securities at prices to return the investor
an unusually attractive income with safe
ty of principal assured: '
Issues
Japanese Government 4 and
Argentine Sterling 4s
Maytag Company, Serial 6s
Atlantic Coast Line R. R. 7a
Chicago North Western R. R. 7s. . .
App. Yield
10.00
10.60
7.50
7.10
7.00
u . u u- u . wnv.n . ,i u J m , , ij . I D Jq
Bexar County, Texas, Ss 5.50
Leavenworth County, Texas, 5....,- 5.50
Special Circulars on Application
Investment
Banker
SwnDrotriefS
U & Company C
Kansas City
Omaha
Peters Trust Building-
-Telephone Douglas 6816.
OMAHA LIBERTY FIRE
INSURANCE COMPANY
Assets Jan. 1st, 1920, $310,204.55
FINANCIAL STATEMENT JUNE 1, 1920
' ASSETS
Cash in Banks 74,331.01
' Liberty Bonds 282,050.00
War Stamps 783.80
Accrued Interest 3,783.89
Premiums in Course of Collection 60,457.52
Real Estate Mortgage Loans 36,600.00
Other Assets 2,500.00
Total $460,506.22
, LIABILITIES
Capital Stock paid In cash $200,000.00
Ee-Insurance Reserve (New York
Standard) 95,769.22
Due Re-Insurance Companies. ... 38,700.00
Surplus over all liabilities '. 126,037.00
Total $460,506.22
Surplus to Policyholder $326,038.00
INCREASE IN ASSETS
First Five Months of 1920
$150,301.67
A limited amount of the company's stock Is now avail
able. If you have surplus cash, bonds or mortgages which
you wish to convert to a much greater earning power,
where you have absolute security, you are invited to com
municate direct with the company.
Omaha Liberty Fire Insurance Company
Entire Second Floor Finance Bldg. i
1817 Douglas Street Omaha, Neb.
Write for Circular
CfcOSSMAN SHERMAN
COMPANY
" , ' STOCK. BROKERS '
T Pine Street , New York
'- ' BRANCHES .':
WIESBADEN (Gsrmsny) PARIS (Wanes)
, Checks es Sermany and France Issued
Gen. Electric Co. .140ft 140 Vs 140 140ft
12ft
23-js
3
A..
72
81 '
17
764
St Joseph Lira Stock.
St. Joseph, June II. Hogs Receipts,
; 1. 000 head: market 10 cents higher; top,
SU.40; bulk, 114.80015.35. - - .
Cattle Receipts. 1.200 bead; market
steady;' steers. I. 50616. B0; cows and
keifers, 15.00015,50; ralvea, Se.00tjil3.00.
Sheep and Laitibs Receipts. 500 head;
market nominal; ewes, t6.00O7.00; lambs,
tl4.IT0ffll.OO.
1 m
New York rroduce. " t
iiw Tork, Jona'-JJ. Butter Steady;
fwchanted.
Kggs Irregular: unchanged. v
- Cheese Firm; unchanged.
Paultry Alive, firm: freight ' broilers,
(5c; express hrolfers, 45058c; owts. Sic;
i roosters, 210; turkeys, 35c. Dressed
x Steady and unchanged. ' -
Chicago Produce.
Chleago, June Is. Butter Unsettled ;
reamery, 43 055c ' .
Kggs Higher; receipts, 11.704 cases;
. (Irsts, I7 sic; ordinary firsts. 33034c;
. at mark, cases Included, SSffJIc; storago
yanked firsts. 40 Ho. . .
. Poultry jLIIts. lower; fowls, iOfto. ,
Ga'n Wms. &. WIbt.
General Motors Co. 23t SS'i 23',i
dcodrlch Co 4 il!i 634
Am. H. sV.Lthr Co. 17i 17ft ,17i'
Haskell 4V Br. Car 73 72 71
U. S. Und. A& Co. 91ft '90U 81
int. Nickel... '.... 17ft 17 17
Inter. Paper Co... 77U 77 77 .
Kelly-Sprin'd Tire 108 106 16 106ft
Kelly-Sprl'd Tire 106 106 106 106ft
Key's Tire 4 Rub. 29 28' 28 30
Jule'rt. Merc. Mar. 32 32 32 ,32ft
Melxcan Petrol'm. .178 178ft 78n7
Middle States OH. 21 ft 29 ' 21ft 29ft
Ohio Cities Gas., i ' .... 38
Wlllys-Overl'd Co.'. lift 19 19 19
Pierce Oil Corp... 16ft 16ft 16ft 1
Pan-Am Pet. & T..104ft 103 103 104
Pierce-Arrow MoL.62ft 51 52 52ft
Royal Dutch Co.. .116 116 116 116ft
V. S. Rubber Co... 97 96 96 97
Am. Sugar Rfg. Co. , USft
Sinclair Oil & Rfg. Sift 31 Sift 33
Sears-Reebuck Co. 204 204 204 206
8tromherg Cr. Co. 72ft 72ft 72ft 74ft
Studebaker Corp... 72ft 70ft 72 71
Tob. Products Co.. 69 68 68 68ft
Trans-Con. oil.... 14 14ft 14 14
Texas Co 46 46 46 ft 46 ft
II. S. FO. Fr. Cor. 67ft 67 67 68
U. S. S., Ref. A M 69
The White Mo. Co. 52 62 62 52
Wilson Co., Inc.. 61 61 61 61
Westh.'El. & Mfg '. 49ft
Am. woolen Co a?
Totsl sales, 201,200 shares. . ; '
Money .... 7
Marks 0258 .02B9
Sterling 3.98ft S.97
3 ISliSSSSSSJBiSSSSSSSSSMSSSSSSJBU
33 ' ' t
A $10 DILL
v AaVDiM VIX7 xTOOSCCo ' ' tam, tv ss.. 00
i, .TtasHpsasj aV "WW , Nt riV. TJihAif T3.nj..no. B f
Kantaa City. Mo.. Jnne ' 11. Butter, I Hrnin nr.. 7. m
(stl and poultry, unchanged.
aavannah, Oa.. June II. Tucctntlrre
Vlrm, tl.5lft; sales, 171 casks; receipts,
Jl: shlprnents. J6J; stock, 4,131. -
Rosin Firm; sales, 661 bbls. : receipts,
t.111; shipments. 64; stock, 11,691.
Quote: B, t9,7SOK.ia, D. tl5 80l.10;
. F, O, H. I, K. M, N, WO, WW, tH-lt
Olt.l). . '
; S Kew Tork Dry Goods. ,
New Tork, Juno -19. Cotton goods were
- Sjulet and there was some easing on sheet-.
. lags, print cloths and other gray goods.
Sills hold steady. Yarns were offered at
Sight concessions with demand light
I plneas wore not so firm, bat offered freely.
! Wooloods vers duii .Burls wars
I Local Stocks and Bonds
Quotations furnished by Burns. Brlnker
at- company.
Stocks- , Bid. Asked.
Alamlto Cream, pfd 90 100
Beatrice Creamery, pfd 98 101
Burgess-Nash, pfd. 7a, 1922-43 97 100
Brtckston T'.Te 8t
Eldredge-Reynolds Co. 7s' pfd 97 100
Fairmont Cream, pfd 93
9
18
Hawkeys Prtld. Cmnt. Co 10fA
Lion B. ft S. Co., Omaha 160
Lincoln Trac. Co., 6s pfd 70
glchola OH pfd, W-bonus.... SO ...
m. 4 C. B. St. Ry, pfd..'.... 43 65
Orchard & Wllhelm, 7s pfd.. 97 100
Paxton A Gallagher, 7s pfd..l0 102
Sprague Tire & R. W. bonus.. 27ft 32ft
Thompson-Beld A Co. Js pfd 97 100
Union Stock Tards, Omaha... 17 19
Bonds. .
Booth St. Louis. 6sll31'...... 5 ' 90 '
Cuba Cane Sugar 7s 1130 95 98
Dundee Paving 6 ft 3, 1930 100
B. F. Goodrich Co., 7s 1925.... 95ft 96ft
Hill Hotel Bldg., 6s, 1931-30.. .... 6.44
JolnstStock Land Bank 6s,
various ........ x .. .'. SI 18 ft
Omaha Athletlo 6s, 1932 IS 99
Stat of So. Dak, tfts, lt L,- i
is only a (10 bill, but 10 in
vested in TOYBELL KING may
be $1,000 in CO days. $10 buys
you ten shares outright and
holds 40 shares for 15 days un
til you can-; fully investigate.
Quick Action Not Waiting'
A,, shsllow field means quick re
turns weJIs are drilled quickly and
at email cost.
140 Golden Acres In Pecos-Toyalj
the wonder field of Texas.
Toybell King Oil Company
The young giant of the Texss'oll ftrUta
is capltsllced at $45.000 ji par full
psld 'and non-sssesssble, which in
sures you lane, returns on your ln
testaient. Immediate Drilling
Well No. 1
on location rinht on ths DIXIE
LAND structure.
100 Monthly Dividends ';
will .be paid to stoclholders from the '
net proceeds of OIL until your entire
Investment Is returned.
Money Back Guarantee
TO THE PUBLIC: .''
We, the Tfexas Trust Company (of
Fort Worth), agree to refund your
money If, after 10 daya you are dis
satisfied with your investment.
Texas Trust Company.
You ar standing facs to facs with?
F-O-R-T-U-N-E
Are you going to back away, or are
you gmnf to make food to yoirtalff
Thl i stock should sell for many, times
par In 60 daya Mall your order
today at II per share. DON'T DK
l.AY tbll allotment will not last long.
Toybell King Oil Co.
207 Vs Main Street,
FORT WORTH TEXAS. '
Fundamental
Financial pci
, ' SSSSSSSSSSS.SSSM-S---
I Published Monthly in the Interest 1
of the American Investor
I It will be of profit to read the .
following articles in the May
0 3 number. V ' I
i .
-Why is World's Best In-
vestment Selling Below Par?
Taxation of Stock' Divi- f
denda Declared Unconstitu-
tional ' -
What ia Status of Enemy-
Owned Securities?
Foreign ' Government
-Bonds as an Investment
-What the Past History ot
France Teaches Us
Putting Labor on Farms 1
for Six Dollars a Month f '
Financial Fundamentals ;
State Repudiation of Debt 1
' The Part That Individual i
Initiative Pla$s j
' -Why Japanese 4b Yield !
More Than Ten Per Cent ,
'2
. Sexff Free oil Repueni
i BAGBY & COMPANY i
invotmnt
Sad Floor. O rear-Leslie BMg :
KANSAS CITY, MO.
iSlllHlllllllllllllllllllllinillllllllllllllllllHIIIIIIIHIIMIIIIIIIIIn
A Peters Trust
Security Yielding 7.14
Wells-Abbott-Nieman
7 fo Preferred Stock
Manufacturers ot PURITAN FLOUR
- , ,
A necessary business established 50
years ago with a splendid earning
power through both favorable and
unfavorable business conditions
A carefully safeguarded investment
which we recommend.
Tax free in Nebraska and free from
normal federal income tax.
Detailed Circular on Request
Peters Trust
Building
Peters Trust Cony
We Offer
$500,000.00
American
Bank
Building
Sfo Participating
Preferred Stock
' . Tax Free in Nebraska
Exempt From Normal
Income Tax
i Non-Assessable
Sprnritv ea Ete is(the basis of all material
dclUlliy -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.
Eortiinrr PnuriirTne rental income of the
ariling rower American Bank Building has
been very conservatively estimated as more than
three times the dividend requirements. These se
curities yield 8 as a minysiunfand participate in
the earnings of the company.
fiwftrfiinifwThus viewed from every angle,
UpporiUimy 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, Wead Building.
Omaha, Nebraska.
Do You Realize
that the interest yield on the prime credit obligations of our states and
municipalities, of our railroads and industrial corporations is higher
than the interest yield, level for any extended period for the past
forty years.
We Believe
that these will be regarded as bargain days for the investo in future
years. ' -
We Urge
the purchase of high graiie bonds and short term notes which we rcc
commend for investment. . ,
' Yielding from 7 to 8
' Circular B-49 on request
THE OIIM TRUST CO
The Progressive'Conservative Trust Company
r
UPDIKE SERVICE
We Specialize in the Careful Handling of Orders for
Grain and Provisions
FOR
FUTURE DELIVERY
IN
Ali Important Markets
WE ARE MEMBERS OF-
Chlcago Boars) of Trad
Milwaukee Chamber oi Commerce
St. Louis Merchants Exchanf
Kansas City Board of Trads
Minneapolis Chamber of Common Sioux City Board of Trad
Omaha Grain Exchanf
1 ' WE OPERATE OFFICES AT
i OMAHA, NEB. I CHICAGO, ILL. GENEVA, NEB.
LINCOLN, NEB. SIOUX CITY, IA. DES MOINES. IA.
: HASTINGS. NEB. HOLDREGE. NEB. v MILVAUKEE. WIS
ATLANTIC, IA. HAMBURG, IA.
; All of the offices are connected with each other by private wirea.
We are operating large up-to-date terminal elevators in the
Omaha and Milwaukee markets and are in position to handle
your shipments in the best possible manner i. ,e., Cleaning,
Transfe-ing, Storing, etc.
It will psy you to get in touch with one of our offices
when wanting to BUY oV 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 Grain Company
THE RELIABLE CONSIGNMENT HOUSE