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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (July 25, 1920)
s F C THE OMAHA SUNDAY BEE: JULY 25, 1920.. Market, Financial and Industrial News of the Day Live Stock Rsoelpts were Official Monday.., Official Tuesday ., Official Wednesday Official Thursday.. Official Friday... Ksttmat Saturday. Omaha. July 24. Cattle. Hofs. Sheep. 1.921 4.131 3,4(1 i.fOH 182 300 Sta days tbls wk. . ,.1 9,397 Bum days laat wk.. 19,27 ame day 2 wke. ago. 13,667 Same day 2 wks. ago. 13,167 Same day 2 wks. aaro. 11.112 Sam days year ago. .48,370,60,480 S.185 11.313 14,111 10,412 1,331 6,600 17.746 12,866 38,211 38,261 62.341 J5.SSJ 32,480 11.613 10,868 3,103 ii'.isi 12,110 41,131 41,138 47,706 72,711 Receipts and disposition Nf live stock at the Union Stock yards, Omaha, Neb., for 24 hours ending at S o'clock p. m., July 24, 1221: RECEIPTS CARS. ' " j . ' Ctle. Hogs. Wabash - , 1 Missouri Pacific i Union Pacific C. A N. W.. east . C. N. W.. west C. St. P.. M. O. . C.i B. Q west ... C R. I. A P., east . ., 1 t Illinois Central 1 Chicago Great Western 1 . . .'... .1 I . a . i ' . . 2 Total receipt! ,' DISPOSITION HEAD. Morels A Co Bwlft A Co Cudahy Packing Co. Armour A Co, . . . . Schwartz & Co J. W. Murphy ..... l.tnlnger Swift from Kansas ."Wolf Packing Co. City 125 I It Hogs. 1.064 1,406 118 1.103 136 1,061 464 '232 Total 135 1,061 Cattle Arrivals of cattle comprised th-s usual small Saturday's offering, with bout 800 head yarded. Total for the six dnys la around 11,000 head, or about the asms sis aa a week ago, but still con siderably less than half the slse of the receipts for the same period last year. Although yearlings are selling stronger ' than a week ago, heavy cornfed steers re 26o and more lower, the range be tween the .light and grassy stuff has brtn wide, with light weight kinds 76: 1. 00 lower. Cornfed cows also look 26c or more lower, with In-between gradea ltcfl.00 off. .'The Blockers and feeder mm has been very light, a few loads of strictly efiolce feeders have sold steady, though bulk of the 'offering is lOcOll.uO , below a week ago. Not many range cat tle have been received and quality for - the, most part has been poor, with values irregularly lower for the six days. .' Rotations on cattle: Good to choice Metvs, 116.(0911.00; fair to good beeves, . S14.7-i015.69; common to fair beeves, 112.00 0)14.79; good to choice yearlings, $16,260 18.25; fair to good yearlings, fl2.00SlS.26; common to fair yearlings, 17.00012.00; ebolc to prime heifers. $11.60012.76; good to choice heifers, $10.60011.60; common to ' fair btlfers, $8.(0010.(0; choice to prime cows, 112.00012.761 good to choice! cows, ., $2.(0012.00; fair to good cows, 18.6001.60; common to fair cows, $4.0001.00; good to choir feeders, $10.00011.00; medium to good ftders. $2.(0010.00; common to fair feeders, 18.60 8.60; good to choice stack ers. 19.99019.99; fair to good stockers, $7.60 01.00; common t fair stockers, $5.(0 O7.(0; stock heifers. $1.2(07.(0; stock .cows, 13.0(107.00; stock calves, $6.(001.(0; teal calves, $8.10012.(0; bulls, stags, ate., $(.(0011.(0: good to choice grass, beeves, $19.(0011.76; fair to good grass beeves, ' $1.(0010.(0; common to fair grass beeves, $7.0001.(0; good to choice grass cows. $1.00010.26; fair to good grass cows. $7.00 . 01.00; common to fair grass cows, $6.(00 .00; Mexicans, $8.0001.76. Hogs There has been a fairly liberal tun of hogs this week Teaching a total of (7,7(0 head compared with 62,800 last week and (0,000 head this week a year ago. Th market was In fairly good con dition the first two days of the week and with a broad shipper demand on those tfaya the market worked upward until - Tuesday's figures were the highest of th month. Sine then, however, demand has been narrow, and while th shippers havs , been able to held values of good hogs from slipping very much th packer mar hot has gradually "worked downward. Sat urday's trad found a top of $15.60 or 25c higher than a week ago and while good bgs were about steady the packing grades suffered a decline of 26 0 50c and the bulk of th hogs were selling at $14.10015,35, or 50c lower than a week . ago. , v HOGS. 8h. Pr. No. Av. 131 $13 26 64. .102 Financial No..' Av. 49..J44 (4.. 36$ (1..307 (2, .10$ 67. .301 41. .22$ 77. .$1$ tt..JI (,.I0T 75. .221 C6..11I J9..919 71. .211 11 (6 If (( 1$ $0 14 0$ 14 1 14 IS 14 10 14 40 41 .14 40 14. 86 16 19 ' If 15 129 40 ((..322 91..281 71. .224 70. .341 18. .261 (7. .161 41. .219 41. .201 81. .530 76. .111 : 98. .241 11. .Ill an. Pr. ... $13 (0 ... 13 60 IS 78 It 90 14 06 14 15 14 25 14 16 14 (0 14 (( 15 00 15 26 ... If 10 arrived In 110 70 40 70 70 40 Sheen and Lambs Nothing th war of sheet) and lambs and prices wer unchanged. The receipts this wek have' been heavy, amounting to 91.400 head and trlned to values a little lower. l"at lambs are closing at a decline of 7(0 selling around $14.76016.25 for good to choice gradea. Fat sheep are steady to a quarter lower for the week with good wes worth up to $7.60, and canners down as low as $2.Or03.OO. Aged wethara, brought $8.5001.00, and choice fat year lings are quoted up to $1.71. The feeder trade has been adversely affected by tight money and prices brcke sharply early In th week. Some of th decline has been ' regained and current values are hardly mors than a quarter under a week ago. JSest feeding lambs are bringing 112.50O 12.86 with good wea around $5.0006.00. Quotations on sheep: Fat range lambs, $13.76016.25) feeding lambs, . $10,500 .13.00? cull lambs.' $7.00010.00; yearlings. tt.OOOwcthers. $7.7501.00; ewes, $5,500 7.26; feeding ewes, 14. 6008. 00; ewes, oulis and eanners, $2.0004.09. ',. Chicago Lit Stock. Chicago, July 14. Cattle Receipts, I, (00 head; compared with week ago, good to best yearling and handywetght steers' about steady; heavy beeves, 25c to 2 to lower; grass steers very uneven, averaging 76o to $1 lower; fat handy weight she stock slow to 26e lower; heavy cows, 2(e to $1.(0 lower; In between grades full $1 lower; canners, slow, steady; bulls, alow to $1.25 lower; calves, sharply higher; vealers showing $2.00 ad vance; stockers generally higher. "! " Hogs-r-Recelpts. 5,000 bead: desirable -light and light butcher hogs, steady; oth ers weak: mostly 10c to 15c lower than , yesterday's average; bulk of sales. $14.10 -016.35; top, $11.40; heavywelsht.-$14,350 166; medlumwelght, $16.00016.40; llgnt light, $14.2516.10; heavy packing sows, smooth, - 113.85014.XO; packing sows, touch. $13.00013.76; pigs, $13.76011.09. . Sheep snd Lambs Receipts, 7,000 head: practically all today's receipts directs and through compared with week ago; western . lambs, steady to 25c lower; better grades native lamb mostly 25c lower; other grades 60c to 75c lower; yearlings, 50e . down; wethers, 15o to 50o lower; killing and breeding ewes. 60e to $1.00 lower; feeding lambs, steady to strong. Sioux City Llv Stock. ; Sioux City, la., July 24. Cattle Re ceipts. 200 head; market steady; beef steers, good. fat. $13.00016.00; abort fed. $10.60013 00; fed yearlings, $10.000 19.99; ' grass steers, $7.00019.60; grass rows. t 0008.35; fat cows and heifers. $t 0ff II. 00; canners, (3.0006. 60: veilers, tf.tt 011.00; common calves, 14.0008.00; feed ers, 18.00010.(0: feeding cows. 14.000 9.60; stockers, f5.tO0t.O9; stock heifers, j $4 6007.(0. Hogs Receipts. 7,109 ; head; market, steady to 25c lower; light, 116.00016,50; mixed, 114.25016.00; rough. $13.26014.00; bulk of sales. $12.7(015.09. No sheep or lambs. . ... v Kansas City Llv Stock. Kansas City. Mo.. July 14. Cattle Re $ eelpts. 6(0 head; for week, beet steers i mortly 25o to 60c lower: she -stork and f ;' canners mostly 26 cents lower; some grass J t cow off mora: bulls fully 50 lower; calves t - si.oo nigner; reeaers, steady. f - -i Hogs Receipts. 200 hesd; market s. ' steady; top. $15.90; bulk light and medl- -, urn. 9it.ae0ie.io; bulk heavies, $15.2(0 4 IS., i , i. i Sheep Receipts, 1.900; for week, rang 4 of lambs steady to 26c lower; better gradea 1 and weights of native steady: others $6c ; lower; fat-sheep and ewes, steady; feeding ? e tamos, sxeaay to zoo nigner. -?-.";., . : St. "joseph Live Stock. '! ' St. Joseph. Mo., July 24 Cattle Re '-' . eelpts. 100 head; market nominal; steers, t tl.60ai4.tfl: cows and heifers, $4.00 0 6.00; ;t calves. $7.00014.00. Hogs Receipts, 1,009 head: market , - ' steady to lOo lower; top, $16.10; bulk. - 114.7S4ftl5.99. . i Sheep Receipts. 1.90 head: market "nominal; ewes. 97.9908.26; lamb. 114.16 ,Nw York, July ft. Mercantil PPr , -Unchanged. - . J 't"l!xehang Strong. - , aterllnvnamand. 13 78U: eablea 11.71. ? -Franca Demand. 7.92c: cables. 17.66c. ' i Belgian Franca Demand, 1.01c; cablts. i'.-l.OJC f Guilders Demand. ; 14.60e; cable i,!fil.61c. .5 .--. Lira Demand. t,41c: cable, t.lfe. i ..Marks Demsnd. .20c; cable. 1.20c JN'aw Tork . Exchanca on Montreal . 1 j 14 pr cnt discount. Chicago -Tribune -Omaha lie Leased Wire. New York, July 24. Stocks recov ered" part of Friday's decline today, but at the same time there were some new demonstrations of weakness. The issues to have the best appear ance were the rails, which made fractional gains. Oil stocks were firm. Where advances occurred among the industrial shares it ap peared as though short covering was mainly responsible, and dealings dis closed no new influences to direct operations in either direction. The foreign - exchange market responded to news that an armistice had been agreed to by Polish and Russian army leaders, sterling ris ing more than 2c to the pound. As in case of stocks, it was evident that the altered situation on the battle front had persuaded holders of short contracts in the exchanges to cover. Rumors Possible Factor, It may have been also that indefinite rumors of pending gold Imports from Lon don had something to do with th re covery of sterling although a search for information disclosed nothing mors than conjecture about the metal. If th Brit ish government Intends to send a round amount of gold before October, It would seem logical for some to com to at a time when It would tend to stabilise the exchange rate. The last week brought events both, of an encouraging and a discount nature to the stocK market. The down ward trend of prices showed that unfa vorable Items had the better of it in ' directing speculative sentiment, but such a drlv at quotations as occurred on Fri day after Poland's appeal for help had been emphasized In market gossip was so clearly of deliberate bearish caliber as to make It of no lasting Importance to the market of the next few days. Tha rise, of call money to 9 per cent lata on Fri day was of more significance to trading than talk of a resumption of general war activities In Europe. Th call loan rat refuses to meet the expectation of per sons who predicted early In June that easier money lay ahead. Draw Down Balance. Member banks drew down their bal ances at the Federal tVeserv bank to th extent of f43.700.000 during the week, resulting In a substantial fall of reserve credits there and a consequent contrac tion of general reserves, a deficit being reported. The reserve bank loat 132,700, 000 through ths gold settlement fund and th gold reserve receded $26,300,000. Not much of net change occurred In re discounts, such transactions based on gov ernment bonds declining $12,700,000 whlls commercial paper rediscounts expanded $1,700,000. Th bank's circulation (feder al reaervs notes) declined $3,400,000, the product of all the various changes 'of Itsms being a slight fall of th reserve ratio from 40.1 to 40.2 per cent. The clearing house Institutions loans expanded $415,000. There was a fall of $58,113,000 In demand deposits, a change which threw aome light upon Friday' rise of the call loan rate. Evidently in terior banks elected to withdraw for crop moving purposes or what not, a sizable total of their funds lying at Nsw York, New York Quotations Ranre of prices of the leadlnr stocks furnished by Logan A Bryan, Peters Trust building: Friday High. Low. Close. Close. RAILS. A., T. eV S. F 80 7t 80 80 Bait. 4k Ohio 32 32 32 31 Canadian Paclfio 123U 120 1234 121 N. Y. 4s H. R iihi 68 68 63 fins xv. it. Gt Northern, pfd.. 70 4 Chi. Gt. West ffc Mo., Kan. & Tox Kan. City Southern . ... Miasourl Pacific... 26 H N. Y N. H. & H. . tt Northern Pac. Ry 72 Chi. & N. W 70 Penn. R. R 31 Reading Co........ 90 C. R. I. P Stitt STEELS. Southern Pacific. 93 92 4 12 12 Southern Railway. 28 28 H 21 28 Chi., Mil. ft St, P.... .. .. 33 Union Pacific ....11BW 115 115 116 Wabash t $ t 84 Am. Car. & Fdry.l34t 134 134H 134 Allls Chalmers.... 35 85 15 35 Am., loco. CO..... 64 16 96 Baldwin Loco 116 114 116 115 jsein. Bteet i;orp.i ssft Crucible Steel Cojl52 Am. Steel Fdry.. 17 Lackawanna St!.. 72 Mldvale Steel Co.. 41 Pressed Steel Car. .. Rep. Iron & Steel. 10 Ratlwsy Stl. Sprg .. Sloss-Shef Stl. Iron Utd States Stl... 91 (9 8 25 29 71 70 39 8 36 70 i 25 29 72 70 39 89 36 92 21 12 70 8 17 21 30 71 69 39 89 39 17 81 87 150 Km 161 IT 17 37 72 41 72 -40 89 90 COPPERS. 10 91 72 40 97 89 96 69 91 Anconda Cop. M in.. 66 (5 (6 65 Am. Sralt, Rfg. Co. (9 48 (8 (9 suit ft sup. Min.. 32 23 22 ..... Chile Cop. Co ' '. 15 Chmo Cop. Co.... 29 29 29 29 InsDlr't'n Cona Cob. 60 50 60 SOU. Kennecott Copper.. 25 25 25 25 niami cop. uo zo Nov. Cona. Cop. Co. 12 12 12 11 Raya Cons Cop. C. 16 16 16 16 Utah Cop. Co ,., 97 INDU3TKIAL8. Am. Internet. Corn. 82 Am. Sum. Tob. Co. 86 Am. Tel. ft Tel 94 Am. Zinc, Ld., Smt. .... Brooklyn Rap. Tra. .... Bethlehem Motors. 29 American Can Co.. 39 cnanaier Mot. car. Central Lthr. Co., Cuba Cane Su. Co, Cal. Petrol. Corp., Corn Pr. Rfg. Co., Flsk Rubber Co.., Gen. Elec. Co. 98 61 46 30 93 30 85 t 86 154 154 155 82 82 12 86 86 86 94 94 94 12 .... .... 10 20 20 20 39 29 39 97 91 96 (0 61 60 46 46 46 30 30 31 93 93 92 30 30 30 141 141 141 12 12 12 23 24 24 (8 68 (8 14 72 72 72 86 . 87 ,86 18 18 It 82 82 83 (9 59 .... 95 26 26 26 29 29 29 13 14 19 188 189 189 20 21 20 ' 40 17 17 17 Gaston Wm. & Wig. 12 Oeneral Mot. Co... 24 Goodrich Co (8 Am. H. s L. Co Has. Brkr. Car. 72 V. 8. Ind. Al. Co.... Internet. Nickel... 11 Inter. Paper Co... 18 A J ax Rub. Co (9 Kelly-Spring. Tire Yef. Tire ft Rub. 26 Int. Merc. Mar.;.. 29 Maxwell Motor Co If Mex. Petroleum. . .191 Middle States Oil.. 21 Pur Oil .... Willys-Overland Co If Plere Oil Corp 15 Pan-Am. P. a T. 102 100 101 101 Fierce-Arrow Mot. 44 48 48 48 Royal Dutch Co.. 75 74 76 74 U. 8. Rub. Co 92 91 91 91 m. S'ar Rfg. Co 123 123 123 124 Mnciair uti ft Krg. 30 do v a" Rears-Roeb. Co 142 Rtromb. Carb. Co. 86 $4 Studebaker Corp...' 69 tf Tob. Products Co. t8 69 Trans-Conti. Oil... 14 14 14 Texas Co.. 46 45 45 U. 8. Fd. Pr. Cor... 49 (6 U. S. 8m., Rfg. ft Min Th Whit Mo Co. (9 60 60 Wilson Co., Inc Westh. E. s Mfg. 48 48 Am. Woolen Co.. ! 86 Money ., , Marks ". Sterling 86 69 6 (5 85 68 66 45 46 67 49 86 55 48 16 s .0225.. 23.76 New York Curb Stocks. Allied ou..:i.. Boston Wyoming . ....... Coaden Oil Consolidated Copper.. 1.. Elk Basin Federal Oil...... GlenrocK Oil Merrlt Oil ,. Midwest Refining Co. .. Silver King of Arizona.. Sspulpa Oil ., Slmms Petroleum........ U. 8. Steamship White Oil 24 02t .. 1 1-160 1H .... 7 , 2 7 .... 20 .... .... 150 15 ... ..168 0160 .... 35 0 1? (0 ( ..... 15 16 .... 3 0 2 11 It 7 2 8 2 2. , St. Louis Grain. St. Louis. Mo., July 14. Wheat Futures elose: December, 11.57; March, $2.61. jjCorn September, $1.(1; December, Oats September. 7fo; December, 76c Omaha Hay Market, Receipts, light on both hay and alfalfa, snd the demand continues quiet, except oj th better grades. Tb lower grade of bay and alfalfa ar moving alow which are th bulk of tha receipts. Market stesdy with no chant la prloes. Oat and wheat straw steady. No. 1 upland pralrl hsy, f 17.9901l.99; No. 1, 912.00012.00; No. t. f7.99019.O9. N. 1 midland pralrl hay, tl6.9O017.Ot; No. t. fll.O901(.OO. No. 1 lowland pralrl hay. $19.9O01J.tt; No. V 11.00 0 9.99; No, t, tt.990T.OO. Choice alfalfa. $19.00; No. I. $24,990 19.99: standard. l.oiiOn- M. I. is.ovsy i.vo; no. J, (10.00012.00. '. i Una OIL t nuluth. Minn,, July 24. LitWMd, tl.ll I Oat straw, $10.00013.00; wheat, $9,600 1 Mil arm, tt.fi. , f .. ' llUt, Omaha Grain Omaha, July 24. Wheat receipts today were 108 cars, against 349 cars a year ago. Corn arrivals were 31 cars and oats S cars. The bulk of the wheat today was new, as yesterday, and most of the new again graded No. 1 hard. Wheat prices ranged unchanged to 2 cents lower, generally about 2 cents off. The demand was fair. Corn was- rather slow, although there was a fair inquiry early, but slaskened up considerably later The market was 1 to 3 cents lower. White corn, particularly, sold slow lv. Some corn was carried over. Oats were unchanged. Rye was off 3 cents. 1 wheat. - . No. 1 hard: (4 cars, $174 (new). No. 2 hard: 1 car, $2.77; 2 cars, $2.75; 1 car, $2.74; S cars, 2.72. No. 3 hard: I cars, $2.75; t cars, $2.74; 4 cars, $2.73. No. 4 hard: 1 car, $2.73; f cars, $3.72; 1 car, $2.66 (very smutty). No. 6 hard: 1 car, $2.70; t cars, $2.61; 1 cars, $3.68. Sample hard: 1 car. $2.70; 1 car, $2.19. No. f spring; car, $2. it (old, smutty). CORN. No. t white: 1 cars, $1.55. No. 9 white: 1 car, $1.43 (musty); 2-5 car, $1.43. No. 1 yellow: 2 cars, $1.55. No. 2 yellow: 2 cars, $1.(6 (special blll- ir.F-); 2 cars, ti.oo; 17 cars, i.t. 3 yellow: 4 cars, r.tJ. 4 yellow: 1 csr, 11.60. 8 yellow: 1 car, $1.46. " 2 mixed, 1 oar, $1.(3 (special bill- 2 cars, $1.62; 1 car, $1.50. 3 mixed: 3 cars, $1.49; 1 car, $1.48. 9 mixed: 1 car, $1.42; 1 car, $1.41. Chicago Grain No, No. " No. No. Ing); NO, No, Sample mixed: 1 car, $1.33; 1 car, $1.33 (heating), No. t whits OATS. t cars. 92c; t-E ear, 91c. rye: No. t: 1 car. f225. OMAHA RECEIPTS ANp' SHIPMENTS. Week. Year Receipts Today. Ago. Ago. Wheat ...108 (5 249 Corn 31 22 41 Oats 41 . 4 16 16 Rye SO 11 Barley 2 0 ' 8 Week -Tear Shipments Today. Ago. ' Ago. Wheat ..... 46 70 43 Corn , 18 64 35 Oats 9 29 2 Rye 1 t 9 Barley Sit CHICAGO CAR LOT RECEIPTS. Week Year Con- 'loaay ako aio xracii Wheat 40 13 460 y.i Corn 150 135 70 117 Oats 126 88 180 92 KANSAS CITY RECEIPTS. Week Year Today Ago Abo Wheat 243 318 707 Corn -12 , , 22 21 Oats 23 9- 21 st. louis Receipts. Week Year Today Aso A so Wheat 221 122 597 Corn 38 61 39 Oats 32 15 NORTHWESTERN RECEIPTS OT WHEAT. Week Year 1 Today - Ako Aso Minneapolis' 242 139 144 Duluth 62 61 7 Total .., 295 190 151 Winnipeg (9 117 93 Farmers Co-Operative Manager says $9 per cent of the managers of farmers" ele vators in sight states reporting to a ques tionnaire stats that they will buy only what grain they can get cars to ship. xns big majority say they will not store grain under any consideration. One man ager in Illinois says: "Will not store grain until car situation gets back to normal. If it takes two years." The average margin on wheat, the ele vator man says be purchased wheat when it was a aouar per ousnei at tc. this would be on a 11 per cent margin. - The margin on wheat they expect to operate in mis year Is lzc figuring 1Z.16 as tne average price paid farmers, this would make their average margins 5.6 per cent. Managers were evenly divided as to wheth er they will hedge or not if markets are favorable; 44 per cent said they would not hedge, 59 per cent said they would hedge, while a number were on the fence. Several say they may to protect themselves, al- tnougn tney never nave oeiore: one says he will hedge if forced to do so. An other who will buy from the farmers only - By CHARLES D. MICHAELS. Chicago Tribune-Omaha Be Leased Wire, Chicago, July 24. A lack of out side buying, combined with excellent weather conditions over the entire grain belt, led to general selling and a weak undertone, the close being about the low point on all grains, with wheat off 33 l-2c, corn 3-4 2S-8c, oats l23-4c, rye 23 l-2c, and barley 1 l-4c. Short covering was mainly respon sible for checking the decline, as sentiment was radically bearish, and news developments were favor able for a lower range of prices. The big covering by shorts in corn resulted in prices at the last beiing 13 3-4c higher, as compared With a week ago, while wheat was up 2c. Oats were S-8l 3-4c lower, - rye l13-4c lower, and' barley l-4c lower. Cash Prices Lower. : There was nothing in the news that was regarded as bullish. Lower temperatures prevailed over tne entire grain oeu, ana mere were snowers at some poims in Illinois that complained of dry weather thp previous day. Cash prices were le lower with the finish about the In side figures. No, 2 mixed sold mainly at 3o over July and No. 2 yellow at 4o over. There was a lack of pressure on the July, and buying by a cash house put it to a premium of lo over September at the last. Late reoorts of hot winds In central end western Kansas attracted little attention h.p. '19 bureau. No. t whites sold as low as to over July. Bids from the sesboard on loaded ry were 10c lower. Cargo was resold at Duluth late yesterday. London Spot American clipped oats Quoted 60s per quarter of $20 pounds, or Is lower. , There wss sales of (0,000 bushels oats to go store in absence of demand on private terms. Two cars of new oats wsre received here today. On car graded No. 1 whit and sold at 94c. The other graded No 2 white and was offered but found no buyers. London says: "World indications are for much better yields of. wheat thaa were at one time looked for. France will be a very small importer; th Balkan have mor than normal crops. Ui-rmnny better than indicated earlier in the sea son. Italy will be one of the chief buyers, CHICAGO CLOSING PRICES. By Updike Drain Co., Doug. 2(!7. July 24, Art. I Open. High. Low, j Close. Bonds and Notes' 2 (7 2.57 2.61j 2.(1 , as ' the amount of corn raised tnere is rolatively small. Receipts, 140 cars with shipping sales 5.000 bushels. A bresk of ,2o In premiums on cash onts, combined with the purchase of 60 cars of No. 2 white at l02c under the July, or better than a full delivery basis resulted in scattered liquidation In July oats and a heavy close. There was 100, 000 bushels July oats sold against ths pur chases of light weight No. 3 white. At the last No. 2 white was 3 04c over July. Crop reports from the northwest wer very favorable. , Wheat Offering Large. - Country offerings of wheat were large and millers were paying relatively bet ter prices than exporters so that the latter did little In , the way of buying. Rust reports from ' the northwest were less numerous. Commission house have fair buying orders for December at $2.65, or within o of the low point, while the day's range was 2o and the finish at almost the bottom. The selling was by Armour Grain Co., Leland & Jackson. Changes from December to March were mainly at 4o per bushel. Rye waa under pressure from longs and prices declined readily. A cargo waa reported to hsv been resold at Duluth Friday and bids on loaded grain from the east were reduced 10c. Spot sales were at $2,23 for No. 2 at Chicago. Re ceipts, 2 cars. Barley sold at. unchanged prices, but the demand was slightly better. Spot sales were at fl.0901.19. Receipts, t cars. . Pit Note. Fort Worth offering 10,000 bushels No. t corn at $1.65 Chicago, 15 days' ship ment. Report states that the British govern ment has bought mora than 9.200,000 bushels of Manohurlan wheat and flour at prices which compared favorable with offerings from other countries. Premiums on cash oats were very weak today, according to the Raymond News as he can get cars will hedge with a track sale. Foreign Wheat Demand Broomhall New York office says. Wheat There was only a limited busi ness in gulf wheat yesterday in the New York market The demand waa not prom inently active nor either were the offer ings plentiful. Some export Interests were inclined to pick up moderate quantities of wheat In different position on a specula tive basis awaiting a renewal of buying by the British Royal Commission and also some betterment in the demand from Con tinental sources. - Cash wheat In the gujf for the last half August f. o. b. was freely bid at $2.Jj a bushel but no sales were reported at this figure. First half September f. o. b. guif was quoted $2.95 and last half September ruled at 12.90 to 12.91. , The weakness In the foreign exchange Is having a marked effect on the demtind for cash wheat for present price being received from the continent are much be low a parity. a 1.26 1.MH 1.63U 1.53 1.38 .99 .78 I .75 26.70 28.40 18.97 19.35 '119.50 15.90 2.25 1.81 H, I 2.6414 2.59 2.21 1.88 1.52U 1.619. 1.3714, 1.(4 1.63 1.38 I .91 I .88 .76! 75y 76 J .74. 25.70 129.70 28.40 U8.20 Wat Dec. Mch. Ry July Sep. Corn July Sep. Dec. Oat July Sent. Dec. Pork July Sep. Lard July Sep. Ribs July Sept. Minneapolis Grain. Minneapolis, Minn., July 24 Flour 5o higher; In carload lots family patents quoted at $14.50614.7 a barrel in 98 pound cotton sacks. Corn No. 3 yellow, tl.S3t91.65. Oats No. 3 white, 91 92c. "Barley 90c$l. 15. ' Rye No. 2, $2.10 02.11. Flax No. 1, $3.3002.40. ' Bran $48.0049.00. 19.97 19.36 I1C. 50 U5.99 18.83 19.20 16.30 16.97 tit 3.59 3.21 1.(8 1.(1 1.61 1.37 .88 .762 .74 29.70 21.20 I 18.82 19.29 I 19.30 19.70 Yes'y. S.5t 2.63 2.24V4 1.19 1.(4 1.63 i 1.39 .91 Vi .76 'i .76 29.95 28.45 19.03 19.49 18.6T 16.93 London Money, London, . July 24. Bar Silver 64 d por ounce. Money Unchanged. , v Discount Rates Short bills, 9 per cent. " Three Months' Bills 6 per cent. 1 Liberty Bond Pric. , New York. July 24. Liberty " Bonds- Final prices today wsre. is, so.db; lint 4s, 85.80; second 4s, 84.60; first 4s, 86.04; second 4s. 84.14; third 4s, 68.88; fourth 4s, 86.16; Victory 3K, 95.74 bid; Victory 44s. 95.72. , . I " Bar Silver. New York, July 24. Bar Silver Do mestic, unchanged; foreign, 91c; Mexi can dollars, unchanged. ETapo rated Apple and Dried Fraltf. New York, July 24. Evaporated Ap plesMarket quiet. . . Prunes Steady. Apricots an6-Ralslns Firm. Peaches Quiet. . . ' New York Produce. New York, July 14. Butter Steady; unchanged. -, Cheese Irregular; unchanged. Poultry Llvu and dressed, steady: un changed. : Kansas City Grata. Kansas City. Mo., July ' 24. Wheat. close: December, $2.61; March, $2.(5. Corn Close. September. 91.46: Decem ber, $1.14. , Chicago Potato. Chicago. July 24. Potatoes Market weak; receipts, 119 cars; Virginia, $9.0049 9.60 per bbl.; Kansas and Missouri Early Ohlos, $3.7504.10. '- Kw Tork GcaeraL. New York. July 24. Flour Market dull Kansas straights, $12.76013.76. Wheat Spot, market steady: No. 2 red and No. 3 hard, $2.93 and No. 2 mixed durum, $2.96 c. 1. f. track New York export. Corn spot, market steady; no. 1 yel low, $1.74 c i. f. New .York It days' shipment. Oats Spot, market dull; No. 2 white. $1.16. Lard Market easy; middlewest, $19.20' 19.30. Other articles unchanged. Butter and Eggs. V Omaha Jobbers paying 42 o per doxen for No. 1 eggs. Butter Packing stock, 41e. 7.60 7.00 1.00 4.86 9.20 T.20 1.60 96 7.20 Approx. ma. AsKea. Yield Am. T. sV T. ts. 1924.... 92 93 $.35 Am. T. T. 9s, 1925.... 93 93 Am. Tob. Co. 6s. 1932.. 99 100 Am. Tob. Co. 7s, 1933.. 99 100 Anaconda Cop. 6s, 1929. 93 94 A. -French Ex. (s. 1920 99 T-lf 99 Armour Con. 8s, 1929-24 9.1 99 Armour 7s. 1930 95 95 Belgian uov. es. nil.. 4 Belgian Oov. 7s. 1945.100 Beth. Steel 7s, 1!2.... 99 Beth. Steel 7s, 1923a.. 97 British 6s, 1929 18 British (Us. 1921 99 C, B. ft Q. 4s, 1921.... 93 94 10.30 i an. uov. os, izi:.. i s.iv can. Uov. 6s, 1929.... 90 91 J. ,(:. s B(. i sa, 51 Cud. Pack. Co. 7a, 1923 97 Goodrich 7s, 1926 94 Jap. Gov. let 4s, 1926 74 Jap. Gov. 4s, 1931 54 ' Liggett A Myers 6s, 1921 97 ' Procter A Gam. 7s. 1922 99 U Procter A Com. 7s, 1923 99 100 Swift aV Co. 6s. 1921.... 97 98 Swiss Gov. 8s. 1949. ...101 103 Union Psclflo 6s, 1928.. 99 97 101 98 97 7.46 7.70 T.75 7.26 96 8.10 91 9.80 86 8.25 98 7.70 94 8.40 T5 11.15 (9 11.00 7.76 97 99 Wilson Con. 6s. 1921. . 14 LIBERTY BONDS. 7.20 7.00 1.10 2.75 9.40 t( t.26 Bid. Asked. .91.00 91.10 First ts, 1947 ,.. First 4s, 1947 85.30 , 88.00 First 4s, 1947 , 89.10 8S.40 Second 4s, 1942 84.80 16.19 Second 4s, 1942 84.94 98.1 Third 4s, 1928 .,89. 08 99.30 Fourth 4s, 1938., X5.60 85.70 Fifth 4s, 1923.... 95.09 ' 99.14 Fifth 3s, 1923 95.78 96.14 Rpnnrt nf Rin Whoat Yield ivtvvi W I tsar 1 f IIIIVHI I V VIM (,f Leases Market During Week Chicago, July 24. Optimism in regard to a big yield of wheat this season de spite black rust has helned to ease the wneai maricet tnia weex. compared with a week ago, wheat quotations this morn ing were lc to 2c lower. Corn showed gains of lo to 4c, and oats varied from e decline to 2c advance. In pro visions there was a rise extending from 12 o to 76b. Official estimates that the Kansas wheat crop would be 37,900,000 bushels larger than had been expected last month waa regarded by many traders as more than an offset for whatever damage might be done by black rust li. the northwest. Later, too, there were forecasts by a lesd-lna- exDert that recardless of rust the sprjng wheat yield would total as much aa 300,000,000 bushels. Winter wheat was featured by him at (5.000.000 bushels. Timely rains in western Canada, together with a! stoppage of export buying for Great Britain tended further to unsettle the confidence of the bulls. Persistent buvlna on the cart of big elevator Interests was largely responsible for the strength of corn. Besides, there was talk that corn recetpta would soon be greatly curtailed. Rapid harvesting mads th oats market weaken. Provisions reflected the aowanc or corn. Turpentine and Rosin. Savannah. Ga.. July 24. Turpentine Firm. 91.63; sales 200 casks; receipts, 102; shipments, (9: stock, 11,625. Rosin Steady; sales, 679 dois.; receipts, 2,606; shipments. 631; stock, 38,819. Quote: B. til. 50: D. E. F. 916.00: C. H. I, K, fl4.10; M, N, WO, WW, fl4.76. Chicago Produce. LI.. M- ' T..1 .. J n.,,.. SfA-Atf ... eelpts, 12,800 tubs; creamery extras, 54c; others unchanged. Eggs Steady; receipts, 11,0(0 eases; un changed. Pmiitrv A ltv iImAv fowls. lie: springs, 30c. " .' cneese steady; nncnangea. . $300 will put you in on a deal that has real merit and good prospects for early returns on your money. If you have this amount and want to . get in at the start, address GI over-Mo veil ' 718-720 Kelin Bldg. Phonti TyUr 3623 1 ' Omaha Produce Wholesale prices ot beef cut ft3tlv July 19. a re as follows: Ribs No. 1. 36c; No. I. flat No. t, 19c Lions no. i, o; no. j. ic; no, HUc. Rounds No. 1, tie: No. I, 10o; No. 3, 23o. Chucks No. 1. Sto; No. I, 17c;' No. 'Plata No. 1, Uo: No. t, lie; No. $ Quotations by Glllnskv Fruit Co. : Oranges 139-334, 17.00; 160-388. tT.Mt IfS-ZUU-Zl(-2bl, $8.00. Lemons 300-360 Golden Bowl, ft.TS; $00 Sunklst. $9.(0: 30 Sunklst. $9.00: tOO Silver Cord or choice, $9.00; 360 Silver ora or cnoire. 16.&U. Banana Per pound. 10c. California Fruits Apricot. market price, nums. Climax. 13.60; Santa Rosa, $3.(0; Burbank, $$.00; Tragedy Blues, 13.26. Peaches, Triumphs, box, market price; Halea Early, box, market price; (box lots, market price; crates, (-basket crates, market Jfrlce. Pears, full bos Bartletts, $7.60; ban box, Bartletta. $4.00; Appiee, ss.vv. i Small Fruits Gooseberries, 14 pint, $2.76: currants, 14 (pints, market orlc: cherries, 24 quart case, $4.0004.(0; lo ganberries, pints, $6.00; blackberries, pints. $9 00; red raspberries, io.oo; black rasp berries. R. G.. $(.60. Cantaloupes Standard 46s, 4.60; Ponys, (4s. (3.(0; Flats, It to 16s, $1.76; Honey Dews, 6 to 10. $3.60. Watermelons 6 to t In crate, per pound, to. Potatoes Kaw Valley, per pound. To; (-sack lata, (o. Cabbage Per pound, crates, 4c: per pound, small lots, c. Vegetables Tomatoes, 4-basket crates, $1.76; wax beans, market price, green beans, market price; green peas, market price, beets, market price; turnips, mar ket price; carrots, market price; rad ishes, market price; onions, market price; head lettuce, per doxen, fl 00; caullflow- n., hnakAt si. 7b: narseiev. oer aozen. Kni In 7 Set vreen nenDers. per pound, 60c; cucumbers, H. H per doxen. ss.ou; cu cumbers, II. a., per dozen, Peanuts Tumho. raw. 16c: Jumbo roasted, 17c; No. 1 raw. 17c; No. 1. roast ed, 19c; 10 pound can salted, per csn t3.69. ' . 4 j. Onions California Reds, per pound, to; basket Yellow Texss. 11.76. ahll1 Pnnnnrn Fr Douca. 1UC nh.Mr.. r'hums Cracker Jack 109 to case, no prize, $6.10 ; 50 to case, no prise, $3.40; 100 to case, prise, $7.00; (0 to case, prise, $3.60. - uromeaary l,.c, . - - Repack Baskets Per case (350 bas ket.) 91.26. . Fresh risn ran saimon, ssu ., st-lmon, 220 id.: nauoui. , smaii. -- 18C ID irOUt, SIC ID.; waimiuk ' k.iik,. i7 ih nlckerel. Canadian Jacks, ISO lb.; catfish. 30o lb.: yellow pike, 20o lb.; black cod. 15o lb.; red snapper, 25a lb. bullheads. 24c lb.; white perch, 12o lb.; carp. No. 1. 12 lb.; herring, llo lb.; farcy black bass, 20c lb.; order size. 30o it. . n... karf,iu so.lh. box. 18c lb.: smoked whlteflsh. 10-lb baskets, 23o lb.j kippered salmon. 10-lb. box. 32 lb.; peeled snrimp. . gai. . wmw, Chicago Stocks. Tha fniinwlnv auotatlons are furnished by Logan ft Bryan, members of all prin cipal exchanges, room 248 Peters Trust building (formerly Bee building). Seven teenth and Farnam streets, Omaha, Neb.: irninfip J&- nfri.. 93 Armour Leather Co., common 16 Armour Leather Co., pia Cudahy Packing, Co., common 14 Continental Motors 9 l.lbby. McNeil & Llbby.... 12 Montgomery ward co swift & Co iui Rwlft nternatlonal 35 Union Carbide A Carbon Co (4 Spot Cotton. vw Vnrlr .Tulv 24. Snot cotton, oulot: middling, 42.90c. IIIIlllI S-:!::r:!:.v:-:::i-AWxKV': J .aw "f'Vtj . .wiK;Wi'.v r - VV . f 1 1 f"""1"'":lv IsssttsjSgfJ U Mr 8i These Omaha Firms Use MASTER TRUCKS you are interested in Trucks; - v talk to any oj ' them dbouj the Service Mast Trucks give them Sunderland Brothers Company L. V. Nicholas Oil Company C. W. Hull Company ; Basket Stores, Inc. City of Omaha ' , B. Blotchy Commission Company Schaffer Oil & Refining Company Casco Milling Company Gordon Van V Storage Company Hartman Furniture Company Omaha Structural Steel Company" N. Levinson Commission Company Farreli Syrup Company Igo Express Company ' Omaha Van & Storage Company OrMj Peddlers' Union National Refining Company Poff Transfer Company -Storx Beverage Company Telephone Us for Details I I -Trii9frrn I A V 9a t SnSi, , eg a J, W9Kt wss , sssT .mmmm ' Fred F, Shields Coal Company Trimble Brothers Company Western Paper Company , Woodmen of the, World Robinson Commistion Company Omaha Refining Company Capps A Long s Smith Transfer v ' Stollarel Transfer .. We Specialize On Hauling Problems TRUCK AND TRACTOR CORPORATION W. J. FOYE. President. W. A. PIXLEY, Vice President aa Csaara Maaagar. . ' ; . .' ' ' '' - '!"-.'- .' . ' : ' ''; ' '. " . , 1310 Jackson Street Telephones Douglas 648 and 649 WE HAVE SOME OfEN TERRITORY FOR LIVE DEALERS STiA v MSHIP CKET5 Tours via the Great Lakes and to Alaska I IQ2Z rARNAM ST. Local Stocks and Bonds Quotations furnished by Burns, Brinker A Company, 8TOCKS. Bid. Asked, Firgess-N. 7 pet. pfd. 1923-42 47 Bldredge-R. Co. 7 pet. pfd.... 97 Fairmont Cream, pfd 94 First Natl. Bk.. Om. 19 pet. ..176 Oooch Food Prod, pfd 97 H Harding Cream 7 pet. pfd Omaha Flour Mills 7 pet. pfd Pax. A Gall. Co. 7 pet. pM...109 M. C. Peters Mill 7 pet. 1936. 97H M. E. Smith D. O. 7 pet. pfd.. 99 V M. E. Smith B. Co. 7 pet. pfd. 97 Sher.- Will. P. Co. 7 pet. pfd 99 T.-Belden A Co. 7 pet. pfd.. 99 Union Stock Yds., Om 99 Un. P. A L. Co. 7 pet pfd. '27 .... BONDS. Armour & Co. 7s. 1930.,.,. 96 B.-Wash. D. s. 1921-24., Dundee Pav. 5Hs. 1990 99 Hill Build, (s. 1921-30..., Maytag Co. 6s. 1929 Om., Neb., Renewal 6s. 1924., .... Om. Athletic Club 6s. 1932... .... Om. A C. B. St. Ry. 6s. 192$. 70 Sinclair Consol. O. 7V4s. 1926.. 99 Shorts Make' Inroads on Stock Market 'During Week New York, July 14. Th stock mar ket continued under professional guid ance this week, shorts making further Inroads against quoted valuea, mainly as a result of freesb complications in th foreign situation. Latest conditions in central ' Europe, with special reference to Russo-Polish alfairs, precipitated general wke ness In the foreign exchange market, th rates (or bills on London falling to th lowest prices In over thre months. Sym pathetic declines wer recorded by re mittances to almost every continental European .center. Domestic -aspects of the flnsnclsl and Industrial situation were not materially altered although speculative interests professed to derive some encouragement from the wage award of the railway labor board and likelihood of early action by the interstate commerce commission on the application of the railway execu tive for higher freight rates. credit contraction msde further head way, the local money market being again bare of tim funds, but call money was In free supply at an averse rat of per cent. Interior bank eontlnued to strengthen their resources against comlnar crop demands with resultant withdrawal or reserves at this center. Rumor of overproduction in the auto mobile trade and affiliated branches mat with denials, but th trend In eertaln otner lines or industry, notably textile, leather and rubber, was ae-aln toward curtailment of production. Kansas City Predoe. Kansas City. Mo.. -Tuly 24. Bnttan. Egg and Poultry Unchanged. Dividend Paying Stocks Mty b purekssei to Oii LtH mi m MMsirt. tHvt ertdil .. Writt for w . WEEKLY FINANCIAL REVIEW hvntmm litnaluri. 1 E.V.Vaper&Co. EsUbllsheel 1087 ' r ar. v..l, s...l - . 1 J , ai auicaaeg Calcate Stock Exchange Clvaae Stock Excha.!. IDetrelt Stock Exchaag Fontenelle Hotel Omaha For 6Vz, 7 and Invest in good Farm Mort gages. Non - fluctuating in 'value, with a sure and 'certain yield, these securities offer an ideal investment for the con servative investor who desires security of principal together with an adequate return. 38 Years Without a Loss KLOKE INVESTMENT CO. Omaha. Nebraaka j ' UPDIKE SERVBCE We Specialize in the Careful Handling- of Order for Grain and i FUTURE DELIVERY -1N- All Important Markets FOR . WE ARE MEMBERS OF- Chicago Board of Trad St. Louis Merchant Exchange Milwaukee Chamber of Commrc Kansas City Board of Trad Minneapolis Chamber f Comnure Sioux City Board of Trad Omaha Grain ,xchang WE OPERATE OFFICES AT OMAHA, NEB. CHICAGO, ILL. GENEVA. NEB. LINCOLN, NEB. SIOUX CITY, IA. DES MOINES, IA. HASTINGS, NEB. HOLOREGE, NEB. MILWAUKEE. WIS. ATLANTIC, IA. HAMBURG, I A. All of these offices ar connected with each other by private wires. 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, Transferring, Storing, etc. , It will pay you to ret in touch with one of our offices whea 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 Grain Company THE RELIABLE CONSIGNMENT HOUSE VI. 10 W I 1 I'M 103 f 100 . I 100 I 109 I fx 10 1 1 ' , I 100 9t i i a T ?f!W". S.w.,, ..-. :-i-fi-vi -jititjsLs.'iwfc.i a