THE BEE: OMAHA, TUESDAY, JULY 20, 1920.
Li'va StnrL- I f PTZZl III tl: r-- I
I v,w i i i manual HUCagU uram j
Omaha, July It, 1920.
Receipt! were Cattle Hon 8hp
Monday eitlmat J, 500 6,200 33,000
Sam day laat wk. . . 6.71S J.J67 14,174
Bam day I vrlu. ago. h'dsy
Same day S wka ago. 4,869 S b1 0 H.JfiS
Sam day yr. ao... 20.783 7,107 lM's
Receipt and disposition of live sto-lt
at tha Union Stock Tarda. Omaha, Neb.,
for 14 hour ending at 3 o'clock p. ni.,
July II. 19X0. v
RECEIPTS.
Cat. Hoga. Slep H-M.
r . M. St. P 4
Missouri Pacific. 1
inlon Pacific )
C. & M w., east.. 9
c. w., west. ,s
r. St. p. .m. & o. 13
I"-., R (fc Q, east 2J
C, B. & Q , W 61
V'., It. 1. ,fc P.. fast 6
Uintiis ' Central . . . 1
17
2
24
12
V. Ot. West 1 1
Total receipt. .276 78 7 4
DISPOSITION.
Cattle. Hogs. ShMP.
Morn eV Co 647 972 1411
Swift A Co 642 1047 27Ji
c udah Packing Co. 02 K78 :'19
Armmir & Co 805 12KK 1113
Schwart A Co 453
.1. W. Murphy 2700 ....
Lincoln Packing Co. 64 .... ....
Sn. umaha Pac. Co. 34
MlT-in' Packing Co. 43
.Inlm Moth & Sons. 37
ll'v ' - l
4
Wilson & Co 57
V . mil & Co. ... 9 .... ....
I'. I'. Lewis 53
HwiUinter & Oliver 8
.1. H. Root & Co 3H
.1. H. nulla 136
Ttoscimtnck Bros. ,. 114 .... ....
F. O. Kcllopg 99
Werthelm. & Degen 617
Kills Co 19
SullUnn Bros 6 .... ....
A. Kothachlld 194
Mo.-Kan. I'.&C. Co. 3
K i. Christie 40
John Hiirvry 96 .... ....
Pcnnis Krnnris... 174 .... ....
Omaha Packing Co 19 .... ....
Midwest Park. Co.. 9
i'uil"hy from K. C. . 171 ....
Swift from K. C. ... 156
Other buyer 1213 .... S .". 6 2
Total 7252 7316 1SM3
Cattle Some 6.K0O cattle Mere received
today as compared with 5,700 head the
firm day lst week. The corn fed offer
ing! were small and as a tesult prices
steady to strong on anything dslrible hut
light and grassy stuff looked weak. Very
few good cows were received ami prices
ranged from Kteatly to quarter or more
lower, the extreme decline netnR on stuff
selilni? ;i round $7.00(bd.0O. Storkers nn.l
feeder arrivals were light and fairly goo'J.
prices held about steady, two loads of
grass stuff went to the feed lots at $13.00.
Western offerings were scalterd in small
Punches and prices were steady to weak
iccording to the amount of flesh carried.
BEEF STEERS.
No.
I? . .
Av. Pr. No. Av. Pr.
.1720 $16 05
STI'ERS AND HK1FERS
;3
20.
K8.3 10 75 19 878 $15 50
.1157
. 985
. 6.73
. 840
. 765
. 388
. IKS
. 960
16 00 2S 1110 16 25
YEARLINGS
9 40 21 . .
13 30 ' 32. .
15 10
COWS.
949
780
11 00
15 00
10
D
6 00 9. .
794
826
809
6 00
6 50
8 00
6 M
7 00
15. .
16. .
8 25
CALVES.
6 25 2 . .
11
414
150 11 00
Quotations on i cattle: Good to cholca
aeeveB, $l5.s.0(pltk IK fair to good beeves,
M4.75('i l.VMi; conium tu fair beeves,
I12.0ott 1 4.75, good to choice yearlings,
(15. -H: 16.25; fair to good yearlings,
$12.ool(t K,.'5; eommou to fair yearlings,
lt.i!0.e. 12.00; choic to prime heifers,
f 1 1 50S 12.75; good to choice heifers,
110.501.11.50; common to fair heifers,
t villi fi '10 60; choice to prime cows, $12.00
Hl.i; (rood to choice cows. $9.50 12. JO ;
fiilr to good cows, $ii.5t$ 9.60; common to
lair cows, $4.00(9)6.50; good to choice
frcilcis. $lo. ui.(K 11.00; mtdtum to go-d
ffedcrs, $:.50ji 11W1O; conimrn to fair fced
'H. $7 r. C'f s. 50 ; good to choice stockers,
J 00 10.00; fair to good stockers, $7. SO
?."; connm.n to fair fitockers. $6. ri0i&)
1.50. slock heifers, $5."5VOO; stock cows,
fi. 0047.60; steck calves. $5.50 8.50 ; veal
.ilvs. $s,ooig, 12.50; bull. stags, etc.,
I.50;ff'll.r,0; good to choice' rass beeves,
U.7e(Ti 12 ro; fair to good grass beeves.
IlKOQgj 1 1.7ii ; common to fair grass
eves. $9. 750)11. 00; good to choice grass
.ows. $10. OOJ.i 11.00; fair to good grastf
row. $S.oofj 10,00; common to fair grass
. $5.6"( 8.00.
Hogs The week opentd with a llsht
run of a-. estimated at 6.500 head.
Quality w;:s fair and weights lighter than
at the (lose of last week. Trade was
fairly active and 2540c higher, with hulk
if sales $4 3MS)5.25 and top $15.50.
H'.'US.
No. Av.
I I. .324
50. . 253
60. .26y
:W..306
73. .211
2. .208
53. .183
Sh. Pr. No. Av
Sh. Pr.
. . . $14 35
70 14 45
. . . 14 60
10 $14 25
14 14 40
40 14 50
50. .365
56. .309
63. . 261
65. .292
69. .272
79. .224
14 66
14 86
15 00
15 60
110
14 75
14 90
15 25
40
Sheep The week opened out with the
largest run of sheep and lambs so far
thl season, about 23.060 head showing
up. Tendency to values In all branches
of tha trade wai lower, although demand
appeared to be fairly broad. Fat lambs
sold up to $15.76, 2550c lower. Fat
sheep ruled slow to a quarter lower, good
vearlings selling at $10.00. aged wethers
bringing $8.75. The decline in feeding
lamb mounted to 15cd25c. with good
gra.de selling around $12.50012 75.
FAT EWES.
No. Av. Pr. No. A v. Pr.
Jj nat 121 $7 00
FEEDING LAMBS.
77 nat 4 12 00
Quotation on Sheep Fat range lambs,
t J 4.00 16.76 ; feeding lambs, $11. 75912.75:
cull lambs. $7 00?; It. 00; yearlings, $9.00$)
10.00; wethers. $7,25 8.75 : ewes, $6.00(f
7.60: feeding ewes. $4.50(36.00; ewe culls
and canncrs. S2.O0ft4.0O.
Chicago Live Stock.
Chicago, July 19. Cattle Receipts. 16,
000 head fat heavy steers, canners, cows
and desirable stockers and feeders steady
to strong; heavy, slow to 25c lower; top
vearlings, $17.00; handy weight, $16. 63;
heavy, $16.60; bulk beef steers, $I2.75'
16.35; good bologna and handy weight
butcher hulls, firm; others, slow; steady:
bulk good and choice vealers, $14 00(8)
i;.o .
Hoes Receipts. 30 000 head; market
mostly 2 to 35 cents higher: packers
sparing buyers early; top. $16 4; bluk.
light and light butchers. $16.15016 40;
hulk 250 pounds and over. $14.:60rl6.1A;
rigs, strong to higher; bulk. $13. 50(!f 14.60.
Sheep and Lambs Receipts, 21,000
head: market tow. steady: native lambs,
$15.60; bulk. $14 .50915.00; very good year
ling $13.00; choice western ews, $8.60;
top native. $8 .00.
Kansas City Live Stock.
Kansas City, July 19. Cattle Receipts.
16 000 head; steers and fat s!)e stock,
snady to 16c lower; teers. steady. $9 .00
17.50; top native steers. $16.60; bulk.
11.00iflS76: native, above medium grades
clcsd strong: butchers. weak; best
heifers. $13.00: bulk, cows, $7.0(fJ9 6O;
bolls and calves, steady; bulk, vealers,
$11,009 12.00; stockers and feeders.
Kl ) epr.
e-s Receipts, 5 OOfl head; mostly 35fi
40c higher: top. $16 90; bulk, heavy and
if..$0915.85; bulk, light, $15.26
915 70.
Sheep and Lambs Receipts. 7.000 head;
l?.mbs, steady to strone; prime Arlzonas,
$15.25; others. $14.26; top natives. $14.85;
culs. $7. 00)57.50.
Sioux City Live Stock.
Sioux City, la., July 19. Cattle Re
ceipts, 1.500 head: market 26c lower;
beef steers, good fed, $13.50916 00: short
fed. $10.00913.26; fed yearlings. $10.00
16.25; grass steers. $8.O010.60; srass
cows. $6.0093.60; fat cows and heifers,
$100912.50; canners. $3.6096.50; vealers.
St. 00911. 00: common calves, $5.0099 00;
feeder. $7.0 910.50; feeding cows, $1.76
7.00; stock heifer. $5.00(7.60; stack
ers. $6.00.O0.
Hogs Receipts. $.500 hesd: market 15c
1n 60c higher; Ugnt, $15.00915.74; mlxd,
$14.60916.26; roughv, S13.60914.25; bulk
of sale. $14.00 916.66.
. Sheep and Lambs Receipt, 200 head;
market steady.
St. Joseph Live Stock.
' St. Joeph, Mo., July 19. Cattle Re
ceipt lvt0 head: market low, steady
(tear $7.00911.60; row and heifers,
fit $0916 36; calves. $. 00912.00.
Hoga Receipts, 1,100 head: market 25c
higher: top. $15.90; bulk. $15.46916.73.
Sheep and Lambs Receipts. 2.600 h-ad;
market steady; we, S7.009l.25; lamb,
S14.i091t.75.
Liberty Bond Price.
New fork. July t. Liberty Bonds
Price at noon today were: SV4. 90.90:
tint 4s, St. 90 bid; second 4s. 64.80: first
4. tt.90; second 4H. 4.t: third .
fl.it; fourth 4H. tt.lt; Victory JV.
M.T4: Victory 464. ti.78.
Liberty Bond Closing price were: $H.
10.92: first 4s, (1.46: second 4. 84.70; first
4(. $5 71: second 4M. 84.84: third
.S6; fourth 4S, Kt.lg; Victory $Vv
iV; Victory 4s. 95 64.
KanaM City Grain.
Xansa City, July 19. Close Wheat,
ix-cember. $2.6H; Mirch. $2.tl'4.
Ce-n September, Sl.ttfe Cecembai,
tl.ST
Market, Financial and Industrial News of the Day-
( lncugu i i ilninc-l. .,r:l 4tci l.L. eJ u Ire
New ork, July 19.-Stocks reced
ed during the greater part of to
day s trading, with a fairly abrupt
cLuvciy in me anermon when call
money eased from 9 to 8 per cent.
Sentiment continued partial to the
downward side of quotations for the
street; at least that part which fol
lows the markets; was unfavorably
impressed with the possibility of
railway labor disturbances subse
quent to the announcement of wage
increases to be made public by the
labor board today. The upturn of
the final trading hour appeared to
record nothing except a moderate
amount of short covering and it left
the price front in a highly irregular
position. A number of prominent
speculative industrial issues left off
with declines extending from frac
tions to 1 1-2 points and where net
pains were marked up they were for
tin; most part in shares which were
sltiRgisli throughout the day. The
scale of business was again snjall.
Rail Trouble) Felt.
While rumors previously told of probable
dissatisfaction among the railroad unions
with the labor boarda decision, today's
nrin from Chicago was unsettling.
Whether the stories grew out of the re
cent scattered strikes and the truculent
attitude ,.f particular groups of workers
ami earrv no definite threat for the future
remains to he seen In tlevelopmente fol
lowing the award. The gathering of rail
road union lenders at Chicago Is In line
with plans formed some time ago, does not
imply an immediate challenge of the wage
increase. In selling stocks on these ru
mors, the professional traders merely
wor'ied upon a ncrvoua condition of the
market, and, in spite of It could not be
said that offerings of real long stock were
Hastened ny short sales. It waa a mat
ter of comment that the floor trailers
and those in commission house board
rooms were the mnjor participants In
dealings, and when they topped offering
stocks down, there were relatively few
shares for sale. Neither the price move
ment nor the recession of the call loan
rate stood as real barometers for stock
market movements In the near future. The
bond market was somewhat more sluggish
than last week and a trifle heavy.
Sterling Taken Slump.
Sterling exchange fell away 3. reach
ing a point lower than at any time since
the third week of May. Bankers reported
business of only light volume, but It ap
peared as though the recent advance to
3 'JiS had pletty well eliminated the
short interest, having as a result the de
velopment of "soft."' spots whenever a
sizable block of exchange Is offered. Con
tinental rates eased off. It Is tlll ex
plained in banking circles familiar with
Oerman purchases of American products
that the heaviness of Holland exchange
is d'le mainly to the financing of cargoes
destined for German ports.
The decline of the exchanges during the
last few clays can no more be explained
in terms of longer periods of coming weeks
ihan can the fluctuations of the call
money. If speculation has been playing
a part subordinate to purchases and Bales
incident to commercial transactions, It
would seem that the country's export trade
is not falling away at a rate many ob
servers have expected. But thought along
this line must be governed by purveys of
business In the exchanges which reveal a
light turnover.
New York Quotations
Range of prices of the leading stocks
furnished by Logan & Bryan. Peter Trust
building;
RAILS.
Saturday
High. Low. Close. Close.
A.. T. & S F 8lH,i 79 "944
Baltimore Ohio. 31' 31Vt 3m
Canadian Paelflc .U II8I4 119 121
.V. Y. AH. R 6S1 6S 68'4 6944
Line K. K 124
Ot. Northern, pfd. 69
Chi. Gt. Western.. 8
12
69
7
80
25
29
70
70
39
87
36
121
1264
69
6!i
s
61
251,
25
71 V4
70
39
88
36
92
28
33
Illinois Central
81
6
25
29
71
704
30 V,
68
Mo.. Kan. & Tex.
Missouri Pacific .
N. Y.. N. H. & H.
Northern Pacific
Chi. & N. W
Pennsylvania R. R
Reading Co
1'.. I,'. I. & P
25 1
30
71
70
39
88
37
29
33
Southern Pac. Co. 93
92
28
32
Southern Railwav. 29
Chi.. Mil. ft St. P.. 33
Union Pacific 116
Wabash 8
114 114 114
8 8
STEELS.
Am Car A Fdry.,136 134 136 13!
Allts-Chalmers ... 36 36 36 35
Am. Loco. Co..... 97 96 9T 97
l td. Alloy Steel .. 42 42 42 ..
Baldwin Loco. ...11S 116 117 117
Beth. Steel Corp.. 88 87 88 88
Colo. Fuel Iron 31 31 31 32
Crucible Steel Co. 155 150 163 151
Am. Steel Fdry 38
Lackawana, Steel.. 72 72 72 73
Mldvale S. O. . 40 40 40 40
Pressed St. C. Co. 96 '96 96
Rep. Ir. & St. Co. 90 88 90 90
Sl.-Sh. Stl. & Iron 70 70 70 70
United State St. 91 90 61 91
COPPERS.
Ana. Cop. Mln... 65 55
Am. S. tfg. Co. 10 68
Butte A ST M. Co
Chile Copper Co
Chlno Cop. Co 29 29
1'isplra. Cons. Cop. 50 49'
Kcnnecott Cop ... 26 25
Miami Cop. Co.. 20 20i4
Nev. Cons. Cp. Co. 1! 12
Ray C. Cop. Co... 16 16
Utah Copper Co.. 67 67
INDUSTRIALS.
Am. Beet Su. Co
Am. Inter. Coip... 84 83
Am. Sum. T. Co.. 90 89
Am. Cotton Oil Co. 42 41
Am. Tel. ft Tel 94 94
Am. Zinc. I.d.. Sml. 14 14
Brookn. Rap. Tran. 11 10 64
Bethlehem .Motors. 20 20
American Can Co.. 30 3S
Chandler Mot. Car. 97 95
Centra! Lethr. Co. 63 62
Cuba Cane Sug. Co. 61 50
Cal. Petrol. Corp.. 30 30
Corn Pr. Rfg. Co.. 92 91
risk Rubber Co... 31 30
lien Klectrlc Co
Oaston Wm. A- Wig.I? i"
Gen. Motors Co 25 24
Goodrich Co 60),4
Am. Hide ft Lthr.. 16 15
Hskll. ft B.-kr. Car. 72 70
IT. S. Ind. Alcohol. 8 87
Internal. Nickel .. 17 17
Internat. Paper ... 83 83
Aiax Rubber Co.. 60 60
68
23
14
29
49
26
67
11
21
39
Kelly-Soring. Tire 96
Key'e Tire ft Rub. 27
Internat. M. Mar. 30
Maxwell Motor Co 20
93
26
30
19
Mexican Pe'rol'm 191',. 187 191
Middle States Oil 21 21 21 21
Pure Oil 40 40 40 40
WULvs-Overl'd Co. 1 18 18 19
Pierce Oil Corp... 14 14 f4 1 5 14
Pan-Am. P. ft T. 102 100 102 103
Pierce-Arrow Mot. 61 50 61 51
Roval Dutch Co.. 113 112 113 11.7
V. S. Rubber Co.. 93 91 92 92
Ani. Sur Rfg. Co. 124 J24 124
Sinclair Oil ft Rfg. 3! 30 31
Sears-Roebuck Co 142 142i 142
St berg Carb. Co. 84 79 84
Srudebaker Corp.. 70 68 70
Tob. Tr. Co 66 f, 66
Trans. Cont. Oil... 14 14 14
Texas Co 46 45 45
U. S. Fd. Pr. Corp. 64 64 64
U.S. Sm.. Rfg., Min. 57 57 67
The White Mot. Co. 51 50 51
Wilson Co., Inc. ... 66 56 66
Western Union 82 82 82
West'hse. El. ft Mf. 4 '
31
'ki
,0
it"
46
64
61
48
87
Am. Woolen Co. .. 87 86 7
Total sales, 327,100 shares.
Saturday
Close. Close.
..0260
8 ....
Marks
Money
New York Money.
New York. July 19. Mercantile Paper
7 8 per cent.
Kxchange Heavy.
Sterling Demand, $3 83; cable. $8.81.
Francs Demand, 8.23c: cables. S.26c.
Belgian Franc Demand, t.76c; cable,
8.77c.
Guilders Demand, 34.75c; cable, 24.77r.
Lire Demand, 5.86e: cables. t.88c.
Marks Demand, 2.66c; cables, 2.67c.
New York Kxchange on Montreal 12
per cent discount
Time Loans Strong; to days, SO day
and six month. 8 per cent.
Call Money Strong; high, per cent;
low. g per cent; ruling rate. ( per cent;
closing bid, 7 per rent; offered at S per
cent: last loan. 8 per cent; bank accept
ances, 6 per cent
London Money.
London, July 19. Bar Silver S2d per
ounce.
Money t per cent.
Discount Rate Short bill, g per cent;
three-month bills. t per cent.
Bar Silver.
Xw Tork. July It Bar Stiver Dome,
tic. 99c: foreign. 88c.
Mexican Dollar 17 c
By CHARLES D. MICHAELS.
Chicago Trlhuna-Onialut Bee leased Wire.
Chicago, July 19. Black rust re
ports from Minneapolis and South
Dakota were more numerous with
claims of damage in Minnesota of
30 per cent. There was more dam
age in the same territory previously
reported on and had a decided ef
fect on values. The close was at the
best of the day in all markets with
wheat ud 6Vic to 8c in Chicaeo.
Coarse grains were helped by the
rust reports and bulge in wheat and
com closed 2ftc to i'lc higher with
September leading and oats up J-jc
to i.ul. while rye gained 4c to 6c,
July leading.
Traders who sold wheat early on
the favorable weather in the north
west were the best buyers later and
made the advance. Export buying
was of good volume and at.the same
time houses with eastern connections
sold fairly at times. Surroundings of
the wheat market aside from the
black rust were bearish, but fears
of damage keeps the trade nervous
and checks selling, as the market for
the present is.depcndent largely upon
weather conditions in the northwest
the next three weeks.
in the southwest wheat receipts arc
increasing, St. Louis, Kansas City and
oninha having 675 cars against 435 cars
a woek ago anil 1.451 cars last year.
Movement Chicaeo-ward la curtailed by
New Orleans and Baltimore outbidding
thl market 2 to 3c down itate.
Local traders sold corn early on the
break In wheat and spent the rest of
the day In covering. Offerings were
light on the way up. and the finish was
about the top. July showed weakness
inn rinisned lc under septemoer, ine
biggest discount at the close so fur.
Higher temperatures would be vry
beneficial for tho crop In the centrul
west.
Demand for cash corn was fair with
samDlo values unchanged to lc higher.
.Shipping sales 18,000 bushel with re
ceipt 248 cars, consignments nave iaue.j
otf.
July Bye Advance.
Houses with northwestern connections
were good buyers of oata and absorbed
the offerings from the pit element. July
acted tight from the start and gained
fractionally on the septemoer. rremi
uma In the sample market dropped lc
toward the last and late sales were 1
lo lower than early. Rtceipt 186
cars with ahlppln eales 50. 000 buahcls.
Crop reports were unfavorable.
July rye showed Increased congestion
and while 4c lower early advanced 1 lo
from the bottom and closed at the too.
The east sold September early. Tho
strength In wheat was the dominating
Tfluence, although there was some ex
port demand, the seaboard selling 250,
000 bushels Saturday. No. 2 on track
brought July price with salea at $2.22
2 25. Receipts, 17 cars.
Barley prices were unenanged, although
the demand was slow. There were 20. "00
bushels new No. 3 barley sold from Iowa,
20-day shipment guaranteed at $1.21,
Spot sale were at $1.1591.26. Recelp'r.
23 cars.
Big Demand for Wheat.
Foreign demond for cash wheat was
active and prices bid at the gulf In
higher to lc lower than on Saturday
w..,i Aujust $2.98C2.99. Septemoer
!2. 9292.94 and October $2.872.S9. Ex-l'orte-H
paid $2.95 track Chicago for
No. 2 hard winter for this week's ship
ment and thero were also sales of No. 2
xrade at $2.93 for July shipment. Local
handlers doing very little direct business
us the gulf and seaboard Is outbidding
this market 1 to 2c per bushel on gi.il:i
t" arrive.
Little change in cash wheat prices
were notea ai cnirago wun a car ri j
rvo. & nurn to arrive at -.v, riv-oav
nna No. 4 tiara at jz.to. .-vo. ,1 reu
brought $2.80. Receipts. 23 cars, . In
southwest prices were 4ic nignr
at Omnl.a 2o higher, and Minneapolis
Be lower. .......
I ram insuected today: wheat. 23 cars
, . . .
barley. 23 cars.
United State visible supply of grain:
Wheat decreased 2.233.000 bushels for the
week, against an increase of 1,185,000 bush-
els last year. Corn Increased 692,000 bush
els, compared with a decrease of 187,000
bushels a year ago. Oats Increased 200.
000 bushels; last year decreased 956.000
bushels. Rye decreased 1.203.000 bushels,
against 295.000 bushels a ye;ir ago. Barley
United States Trust Company
Affiliated With
THE UNITED STATES NATIONAL BANK
1612 Farnam Street OMAHA, NEBRASKA
Statement of Condition
June 30th, 1920 (
RESOURCES
First Mortgages and Loans
Liberty Bonds
Bonds Warrants 127,091.04
Interest Advanced and Accrued 23,979.84
Furniture and Fixtures 8,616.37
Other Assets 705.16
Cash on Hand and in Banks 149,562.27
Trust Securities 1,740,909.75
Total $2,434,849.12
(
LIABILITIES
Capital Stock $ 200,000.00
Surplus 23,000.00
Undivided Profits 23,029.47
Reserved for Interest 14,926.40
Reserved for Taxes 4,321.41
Trust Certificates 312,589.12
Customers Funds 114,954.31
Accounts Payable 1,118.66
Trust Securities 1,740,909.75
Total
A Conservative Institution
By Competent,
DIRECTORS
Thomat A. Fry
J. L. Kennedy
C. W. Lyman
R. P. Mortman
A. L. Reed
OFFICERS.
M. T. Barlow
George Brandeis
E. L. Burke
S. S. Caldwell
E. A. Duff
A. L. Reed, Pretident
G. W. Wettle, Vice Pre.
L. P. Campbell, Vice Pre.
t J. H. Caldwell,
A YOUR
Executor and Trustee
Farm and City Loans
Abstracts of Title
ill
MwiiiwA'iSfii(iiiitl
decreased 49.000 bushels, compared with
1.046,000 bushels last year.
Lincoln, Neb., wrles: "Everything point
to a bumper crop. There I an abundance
of help fur harvest."
Winnlpig wires; "Rains reported In many
districts where needed. While more Is
needed, there has been a great Improve
ment in the last 48 hour."
K. S. Lewis A Co. have following from
Olenillve. Mont.: "Crops from Jamestown
to M.inJan look good; Mandan to Olen
illve poor. Extremely hot weather today.
Temperature over 100. Must be Injuring
crop considerably."
Louis A Rang of the firm of HenrJ
Rang ft Co., Just returned from an ex
landed trip through spring wheat terri
tory, says conditions are most promising
for a bumper crop. He says black ruat
damage 10 wheat ha been greatly exag
gerated and there I no abandoned acre
age anywhere In tha northwest. The Wis.
consln corn, he say, I far ahead of that
In Illinois and look great.
Clark. S. D., wires a Minneapolis house:
"Reports of heavy damage coming In here.
Believed to be 25 per cent." Aberdeen
says: "Weather condition favorable, no
rain, hut cool.
Reports here that exporter at Kansas
City. Omaha and Chicago aro offering
wheat freely at lower prices.
Cromwell advise E. W. Wagner & Co.
from Mandan, N. D., Moisture relief In
Nrrth Pakota mainly came In time and
the crop prospects of this state are un
usually good. The injured territory ex
tends norm or crooKston to me uanaaian
line, and there are one or two dry
spots Possibly 5 per cent of the wheat
neieage muv be ooor. This acreage was
or, sandy oll. which suffered from dry
weather in early June."
Le Count wires Stein. Alsteln - Co
from Watertown, S. D., as follows: "I
rever saw email grains look any better
In this territory. All wheat fields slightly
nffected with black rust, but it Is not
developing as rapidly as last year, yes
terday was hot and sultry, hut today
Is cool and favorable and wheat I com
ing fust."
Silver Lake, Minn, observer wires:
"Eighteen days ago today I waa out the
first time to look for biack rust, which
I found in every field. Since that time
I have steadily watched Its development.
My final opinion Is that rust is In full
development, causing a 60 per cent loss,
as heads are beginning to dry up green."
Minneapolis wheat stocks decreased
200,000 bushels, compared with a decrease
of 65,000 bushels last year. Two years
ago even up. Oats decreased 36,000
bushels for two days.
Russell's say good demand from United
Kingdom. $2.98, August gulf. Rumored
1 ye inquiries. Some demand for corn
meal from South America and West
Indies.
Bombay: A record wheat crop In India
for 1920 is indicated by the lateat esti
mate, which places the output at 10,905.
00c tons, compared with 7,747,000 tona
Inst year. The winter oil seeds are also,
tiring well, the final forecast being much
greater than last year's yield. General
crop conditions are good.
Coffee Feature.
New York, July 19. The market lor
coffee futures had a heavy opening at
a decline of 15 to 29 point and later
In the day broke to the lowest level
since tho war, September reaching 11.20c.
December 11.30c and March 11.37c. Very
weak cable from Brazil, accompanied
by reports of firm offers at the lowest
point yet touched, Inspired heavy llool
catlnn and short selling, part of which
was absorbed by Wall street tnteresti.
There seemed to be no buying power
from Europe and it was understood that
a good deal of coffee Is coming to mer
chants here which was bought at much
higher levels and for which very little
fiemand exists today, the pot market
here beina heavy, with Rio 7 luntsd
13 to 13c anC Santos 4s. 1920c.
New York (ieneral.
New York, July 19. Flour Dull; spring
patents, $13.501714.50; spring clears. $11.00
tffl2.C0; winter straights, $11.7512.50;
Kansas straights. $13.00(5)13.75.
Wheat Spot, firmer: No. 2 red and No.
2 hard, 32.93. and No. 2 mixed durum,
$2.95 c. 1. f. track New York export.
Corn Spot, firm; No. 2 white, $1.18
1 20.
Pnrk Steady; mess, $35.00(8)36.00; fam
ily. $46.0050.00.
Lard Strong; mlddlewest, $19.50
icon.
Evaporated. Apple anfl Pried Fruit.
New York. July 19. Evaporated Ap
plesDull; California. ll15e; tat. 13
1 p verlectod California
TreTons'11 11 21 Vic.
X0
Apncota Quiet ; choice, 2t27c; vsry
cn&re,c s9(,: fancy. 3032c.
I Peaches Steady; standard, 17fl19c:
"l , ,, '. .. ,0
: Cnoil-e, 10 'ut la in?,
n.i.in. rtntet' loose Muscatel. 240
27c; choice to fancy, seeded, 23 25c;
seedless, 2327c.
New York Curb Stock.
Consolidated Copper 2
Elk Basin V
Merrlt Oil I5
2
O 7
0014
Midwest Refining Co in
Sapulpa Oil
a
m
.
343,224.72
40,759.97
$2,434,849.12
Directed and Officered
Reliable Men.
IS
W. E. Rhoadea
W. A. Smith
B. F. Smith
G. W. Wattle.
C. E. Yett .
H. T. Cutler, Vice Pre.
M. F. Goodbody, Trea.urer
H. M. Buahnell, Secretary
Truit Officer
SERVICE
Safe Investments
Byron Reed Co., Realtors
Steamship Agency
i
11255
B!fttmiimmfjr
Omaha Grain
Omaha, July 19.
There were fairly good runs of wnMt
and corn today and oats moderate. Wheat
sold readily at price ranging unchanged
to 2 rent higher, the market generally
S cent up. Corn wa In fair demand
with the market 1 to t cents higher. Ov.i
were generally 3 cent lower. Wheat fu
ture on the Chicago Board of Trada
cored big advances, largely on added re
ports of damage from Mack rust In the
northwest. Com future ascended with
ft heat.
WHEAT.
No. 1 hard: 3 cars. $2.75; 1 car, $2.74.
No. 2 hard: 3 cars, $2.74; 2 cars, $2.7$;
3-3 car. $2.72.
No. 3 hard: 1 car, $2.76 (6 per cent
dark); $ car, $2.70; 1 car, $2.73 (68.3
ib.)
No. 4 hard: 1 car, $2.72 (new, II per
cent moisture): 1 car, $2.17; 2 car, $2.66;
2 car, $2.tt.
No. t hard: 2-5 car, $2.66; 2-5 car,
$2 65; 2 cars, $2.63.
No. 2 mixed; 1 car, $2.71; 1 car, $2.72
(durum).
No. 4. mixed: 1 car. $1.64 (durum).
Sample spring: S cara, $2.62 (48.6 and
49 lbs.)
CORN.
No. 2 whit
No. S white;
No. 4 white:
No. t white:
rs, $1.66.
1 car, $1.62. a
1 car. SI. 50.
1 car, $1.46.
Sample white:
2-6 car. $l.lt (heating,
40 per cent damaged)
No. 2 yellow: 3 cart, 11.5,.
No. 3 yellow. 1 car, Si. 53.
No. 6 yellow: 1 car, SI. 41.
No. 2 mixed: 1 ear, $1.63 (near white.)
No. 3 mixed: 1 car, 11.43.
No. 6 mixed: 1 car, ll.li.
No. mixed- 1 car, $1.36 (near whit);
1 car, $1.S3 (musty.)
Sample mixed: 1 car, $1.25 (heating.)
OATS.
No. t white: S cars, 87c.
No. 3 white: 4 cara, 86c: car, 84c.
No. 4 white: 1 car, 84c.
No. S mixed: 1 car. 84c.
OMAHA RECEIPTS AND SHIPMENTS.
Week Year
Receipt Today Ago Ago
Wheat 91 75 118
Corn 68 63 37
Oat 31 26 16
Rye 7 ft 4
Jarley I 0 i
Shipments
heat 6! 82 1
Corn 48 84 61
Oat 4 15 t
Rye 4 3 17
Barley 0 4 4
CHICAGO CAR LOT RECEIPTS.
Week Tear
Today Ago Ago
Wheat 1ft 10 0
Corn 113 216 81
Oats 55 83 187
KANSAS CITY RECEIPTS.
Week Year
Today Ago Ago
Wheat 384 261 931
Corn 66 64 41
Oat 29 8 30
ST. LOUIS RECEIPTS.
Week Year
Today Ago Ago
Wheat 201 98 534
Corn 87 115 25
Oats 83 97 34
NORTHWESTERN RECEIPTS OF
WHEAT.
Week Year
Today Ago Ago
Minneapolis 440 352 221
Duluth 103 68 17
Total 643 440 238
Winnipeg 134 102 107
Broomhall says. There was a steadier
feeling in wheat for the gulf positions at
the close of tha week. Prices declined
abruptly on the absence of any foreign
demand, but the royal commission on
Saturday again accepted offering of gulf
We Offer
Subject to Allotment
$20,000,000
United States
Rubber Co.
y'i Secured Gold Notes
Due Aug. 1, 1930
Secured by $25,000,000
U. S. Rubber First and Refunding
Mortgage 6 Gold Bonds
Priced at 98 Vi
Yielding 734
Order
Peter Truw
Building
Peters Trust Cozz
Tarnatn atGvenieenih
Satisfied With Skinner
Boys Management
Omaha, Neb., July 17, 1920.
TO THE STOCKHOLDERS OF
THE SKINNER PACKING COMPANY.
Gentlemen:
I am a stockholder of several thousand dollars in
the Skinner Packing Company.
I have always had confidence in the Skinner Boys
and when I bought my few thousand dollars worth of
stock in the Skinner Packing Company I bought it with
the belief and the unwritten understanding that the
Skinner Boys were to control and run the plant.
I have recently had considerable propaganda un
favorable to the Skinner Boys brought to me and il
prompted me to make a personal visit of investigation.'
I have just completed that personal investigatior.
and I want to say to the stockholders of the Skinner
Packing Company that it is a disgrace to the State thai
these men who have accomplished the wonders that they
have accomplished, who have built the magnificent
plants that they have built and equipped, should now
be tied up and kept from running.
I am heartily in favor of all actions on the part oj
the State being immediately dismissed and the Skinnei
Boys allowed to go ahead and run this great industry,
which they, through the combination of our capital,
made possible for Omaha and the State of Nebraska.
Every stockholder who will go through this mag
nificent plant as I have just gone through, who will in
vestigate the records, read carefully the sworn state
ments and, in fact, fully investigate, will be in absolute
accord with my feelings at this writing.
I want politics, if there be any, entirely and imme
diately eliminated and these harassing cases against
our Company dismissed and our plants, allowed to be
immediately opened under the management of the
Skinner Boys and I feel perfectly sure and safe that all
investors will be properly and surely safeguarded.
Very truly yours,
(Signed) L. S.- LOOMER,
York, Nebraska.
Advertisement
s-p- ai 11 mmmmmm. , , , i , ., , i si
wheat and the .purchases were reflected
on a slightly better feeling In the mnrM.
Sales of gulf wheal fob lust half Au-uit
were made at $3 a bushel on S.iturilnv
us compared with $3.98 per bushel the
pr
irevlous day nml fiDbt half. Sept. f. o. D.
Gulf sold at $2 86 as compared with free
offerings $2.95 per bushel on the previous
oay.
It waa stateii that the Royal commt"-
slon bought substsnlial uunntitlen of gulf
wheat for last half August shipment
basis cost and freight at $:! 98 per pi'ir-
ter, which figured about $3.86 per bush, I.
Freight was booked at Kingdom tor Ist
half L H August about 2fcc a bushel nivil
deducting this freight cost and nv
charges for commission and guaranteeing
the outturn, the net price to the seller
here wa about $3. 06V, to S3.06 per
bushel.
Export demand, Russels News wires'
Exporter reported early that caliles
were slow In coming In but there was a
disposition to look fu- further acceptance
over Sunday. Saturday salea of wneat
were estimated at about halt a nillllivi
and of rye at about a Quarter million
bushels; exporter reported It difficult lo
buy cash rye.
There were some inquiries In the mar
ket for corn meal from South Amerl.Mn
and the West Indies and aj leading
handler of corn goods intimated that he
believed the decline In corn waa over :mi
that he was getting ready to atock up
again.
Heavy rains In eastern Kansas, delaypd
threshing of wheat last week, says the
Santa Fe road's weekly crop report. Kains
and hall in southern Colorado damaged
the grain crops there, otherwise crops are
In excellent condition. Corn is exception
ally fine In Kansas, making the best show
inn in ycats. At one point around Madi
son, Kan., yielded 48 bushels testing lit
pounds and oats 30 to 35 bushels. Wheat
In southwestern Kansas and northwestern
Oklahoma yielding 15 to 17 bushels teit
lim 58 to 62 pounds. Cotton In Texas Is
good.
T. W. Gwynter of Minneapolis wlreu:
With the exception of a few field near
Minneapolis damage along the St. Paul
road to Granite Kails, Minn., shows about
60 per cent. From Granite Falls, Kerk
even, Sandberg, Melrose to St. Colud we
found plenty of rust In every field and
without exception rust on stem carrj'i:i;:
the head. Notwithstanding the cool, fa
vorable westher. rust Is developing as
stems carrying the head show the young
spores, in many cases .lust forming and
others further developed. Some fields
heiuy and would make big yields If there
were no damage.
CHICAGO CLOSING PRICES.
By Updike Gra ln Co., Doug. 2627. July 19.
Art'es I Open I High. I Low. I Close. I S'dav
Wheat
Dec.
Mar.
Rye
July ;
2.63
2.65
2.594
2.65
2 48
2 62
2 18
1.85'
1484
1.4 8 Vi
1.354
!
.76S4
2.591,1 2.53
2.05 I 2.57
2.224
1.S8
2.22
uih;
1.49
1.48 '4
1.3C?i
,S9',
.nh
.76 'i
Sept.
Corn
July
1.58
1.494
1.514
1.51
1.52
1.39
.80 i
.77S
.765
Sept.
1.52 64
Pec.
Oat
Julv
1.37 l.39
.894! .'"H
.76'k! .77.
.75V .76
Sept.
Pec.
.75
Pork
July
27.10
28.50
i27.10
28.60
27.10
128.50
flS 96
127. 10
126.60
Sept.
128.60
18. SS
19.45
!l6.02
116.92
:28.35
lB.S7
19.37
Lard
July
19.12
19.60
19.12
119.65
Sept.
19. 37
16.02
Rib
July
116.02
'17.00
116.02
117.15
16.00
16.90
Sept.
117.00
Turpentine Market.
S.vvanna, Ga.. July 19. Turpentine
firm. . '"'"; sales. 779 casks; receipts, 414,
shipments, 73?; stock, 9.056.
Rosin Klrm; sales 1,411 ddis. ; receipts,
1,189; shipments, 2,666; stock, 34,370.
Quote: B. $11.50; D, E. F. G. H. I, K.
$14.85(515.00; M, N, WG, WW, $14.90
15.00.
Spot Cotton.
York. July 19. Cotton Spct,
middling, 42.26c.
Nw
steady;
may be phoned or wired
our expense.
Local Stocks and Bonds
Quotations furnbhed by Hums, Urlnker
4 Company.
STOCKS.
Hid Asked.
. U7 100
.10
f. it
)7 100
190 200
8 7i ao
oo
(14 98
li'O I n2V,
I i)H 100
1 99 4 l'll'tj
96 100 I
98 10 1 t, i
97 9S
95 95 ' '
I
99 loo :
I 6.50 j
.... 92 i
.... 96,
100
; 70 7 8
,96 98
urKfM-K. 7 pet
Conti. tins & Y.U-e
ll2S-42
oiu. . . .
do. pfd
I'.lilreiUic-ltey. t o. 7 pit
pfd
Fust Null. link., t'm., 8
liuoch Komi l'ruil , pfd
Harding Cream, 7 pit. pfd.
Lincoln T & T cum. 7 pi t
', j'ax. & U.ill. Co. 7 pet pfd
M C 1',
M K. Smith P. iJ. 7 pet.
filier.-Wtllliims Co. 7 pet.
1 h.mipsnn-H. t'o. 7 pet. pfd.
Ln. stuck Yards. Omaha
lioviw
: '
Armour Co. "s, ISiO..
t "Hurt-Wash. l. t,s. 1921-24
I Dundee I'nv S'-js, 193(1.,
'Hill Hotel Bids 6s, 1921-30
Maytag Co. to.. 1928.. i....
' Om., Neb. Renewal 6s, 1924
i Am. Athletic 6s. 1932
Om. C. B. St. ny. F.s. :
Sinclair Consol. oil 7V,s,
Ter cent.
K ii ll u i lly rrodiire.
Kansas City, M., July 19 Mutter
krt unchanged; creumery, 60c:
lnf, 40c.
F.ggs Market unchanged: firsts,
second. 35c.
-Mar
pack
42c:
. Follow the
Board Walk and
Cross the
"Bridge of Sighs"
The excavating on
Dodge and 18th streets
necessitates a detour to
reach Home Btiilders' of
fice. A board walk has
been laid in the alley and
across lots between Doug
las and Dodge from 19th
street. This connects di
rect with the so-called
"Bridge of Sighs" over the
Dodge street canyon to
Home Builders' office.
We recommend this
scenic rpute to investors.
Visit us and learn about
the 6 First Mortgage
Bonds owned by us. You
...:n r:j j.: i :
wm nun us uomg uusiness o
as usual, despite the dis- I
turbed condition of the
streets.
IjNCUKI OK ATED
DODGE, AT 18TH,
OMAHA
C. C. Shimer, Pre.
G. A. Rohrbaugh, Sec.-Trea...
734 For Ten Years
A Safe Investment in $1,000 and $500 Amounts
Backed by the Assets of the . World's
Largest Rubber Company
United States Rubber Company
$20,000,009.00
7 Ten-Year Secured Gold Notes
Price 98V4 and Interest Yielding Over 7
The $20,000,000 notes are secured by deposit -of
$25,000,000 of the company's 6 First and
Refunding Mortgage Bonds due in 1947.
1
The notes are followed by
Preferred Stock $63,022,100
Common Stock 81,000,000
Surplu 34,682,189
Earnings are at the rate of better than five
times the interest requirements.
We recommend these notes as an investment
combining safety with ready stability, a liberal
interest return and an excellent possibility of an
increase in value.
TI1C OMAHA TRUST CO,
TheJrogressive-Conservativc Trust Company)
We Specialize in the Careful Handling of Orders fo
Grain and Provisions
V FOR
FUTURE DELIVERY
IN-
Ml Important Markets
WE ARE
Chicago Board of Trsde
UiIiubiiLu flBMl.u. f
.....nBunrv t-ua'uucr ui wammeru
Minneapolis Chamber of Commerce
Omaha Grain
WE OPERATE OFFICES AT
OMAHA, NEB. CHICAGO. ILL. GENEVA. NEB.
LINCOLN, NEB. SIOUX CITY, 1A. DES MOINES, IA.
HASTINGS, NEE. HOLDRLGE. NEB. MILWAUKEE, WIS.
ATLANTIC. IA. HAMBURG, 1A.
All of these oflices arc connected with each other by private wires.
We are operating lare 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,
Transferring, Storing, etc.
It will pay you to get in touch with on of our office
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 Srain Company
a v
THE RELIABLE CONSIGNMENT HOUSE
New York Ciraln.
j Nt w York, July 19 Th vUlhls supply
i of American and bonded grain show
the following changes:
Wheat Increase. 2.36.000 bushtl.
Corn Increase, 603,000 bushels.
Oats Increase, 200.000 bushels.
Rye Increase, 124.000 bushel.
lJarley Pecerase, 489.000 bushel.
Mt. Louis Grain.
st, Louis, .lulv 19 wheat December.
$2." ; Mnreh. $2.63 bid,
Corn s "inber, $1 .63 4 ff 1.53 ; De
cember. $1 41",.
oats ,S1 dumber, 77V; Pecember, 76Vio
bid.
l liw Value of
Liberty Bonds
is shown in our new
folder describing the
original and converted
issues of Liberty Bonds
and Victory Notes.
Copy on request for OB-317
The National Cit
Company
Offices in over 50 CUle
Omaha First National Bk. Bid;,
Telephone Douglas 331S
Investment
Ii a weekly magazine. Toll
you just what you houM know
about high grade liatcd itocks
and bond, and how to make a
profit on them. Contain nothing
for the man or woman who
want to get rich quick, but i
worth much to thoae who want
to put their taring and inTeat
ing on a more profitable baai.
One investor, after comparing
the gtatements in "InTeatment
with Babaon'a and Poor, for
five month, aaya the aenrice it
render usually coat from $100
to $120 per year. "Investment"
will be sent to you tr U you ask fa Ml
MEMBERS OF.
St. Louis Merchant Exchann
I r n -
ivansas L.ity Board or Trad
Sioux City Board of Trad
Exchanf
J