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
