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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Sept. 1, 1920)
-r- .1 THE BESf OMAHA, WEDNESDAY, BEPTCMBSIt 1, lZtt. j U,S. TONNAGE IN 6 YEARS GROWS VERY RAPIDLY Lloyd's . Register $hows Gain of More Than 5(56 Per Cent Since 194 Exclusive of Lake Boats. London, Aug. 31. According to Lloyd's Register of shipping for 1920-21 just issued, the seagoing tonnage of the United States, apart from Great Lakes shipping, has in creased since 1914 by over 500 pet cent and now Stands at 12,406,000 tons. Thus the United States conges second only to the United Kingdom, which has 18,111,000 tons. Japan, which in 1914 took sixth place, is now third, with 2,996,000 tons, closely followed by France, with 2,963,000 tons. Including sailing ships, but ex cluding tonnage on the Great Lakes, the United Stages now owns 24 per cent of the world's tonnage, as against 4.7 per cent six years ago, the Register states. The figures shown for the former ly belligerent countries ' include a considerable amount of enemy ton nage provisionally allocated to those countries. Germany, which in 1914 occupied, after the United Kingdom, the first position with over 5,000,000 tons of shipping, now. only owns 419.000 tons. , The steam tonnage owned byvthe priicipal maritime countries in June, 19H). totalled 53,905,000, an increase of 8,501,000 tons as compared with June, 1914; but it is computed that the world's net loss in shipping through the war, taking into account the suspension in normal shipbuild ing activities, amounts to 3,516,000 tons. . THE GUMS Sfcr STILL FISHING- AT SHADY REST Drawn for The Bee by Sidney Smith. OColPATVENCC WTTlKG OUT .TWEItE To VreirVS ON BUT ATU.CAt- LET MM TfcU.A STOSY THViEE " tiYO A. M0KCLV)t3H The New Constitution (The Be continue! today It rxplana. Hon ot th various amendment to the Mate constitution, proposed by the state ronntltutlonal convention and eubmlttcd to a vote of the people at a special elec tion to be held September II. This elec tion la in many respects the most Im portant held In Nebraska In generation. An Intelligent baUot can be cast only after a clear understanding; of tie various (.reposals submitted. Thor are 41 pro posals and each la submitted for separate vote.) PROPOSITION NO. 13. Amends Sections 1, 2, 6, 7, 13, 19, 2A and 26 of Article V. Provides that the legislature may create exec utive officers in addition jo those now elected, such officers to be ap pointed by the governor with the consent of a majority of the state senators and representatives.. Pro vides that the legislature may as- ; lie officials, making them heads of new executive departments. In creases the term of the state super inte'ndent of schools from two to .... four years. Provides that the gov ernor must be 30 years of age and , must have resided in the state at vv let five years prior to his election. " Amends Section 6 of Article V. Mav-&-the duty of the governor to see that the "affairs of the state are efficiently and economically ad ministered." t Amends Section, 7 of Article V. . Provides that the governor shall u.r.ma..4 is th. .4.1-. 1.:.1.iit a budget of all state expenditures. Prohibits appropriations in excess of the governor's feepmmendation unless by three-fifths vote of each bouse of the legislature. Amends Section 13 of Article V. Removes from the governor the sole power of pardon, commutation and parole of convicted criminals Places this power in the hands of a board consisting of the governor, attorney general and secretary of state. Pro vides that this board-tan act only by majority vote and after full hear ing in open session. Amends Section 19 of Article V. Revises the present constitutional provision for a board of control of state institutions without essential Amends Section 24 of Article V. Removes restrictions upon the sala ries of state officers. Provides that the legislature may fix such salary but that the salary of no officer shall be changed more than once in eight years. - PROPOSITION NO. 14. Creates the office of tax commis sioner, appointed by the governor to have jurisdiction over the adminis tration of the revenue of lands. With the governor, secretary of state, state auditor and state treas urer he shall have power to review -and equalize assessments of prop erty lot taxation. s PROPOSITION NO. 15. . .Amendments t Sertinn 1. 2. 6. 7. ' 8, 10, 11, 1213, 14, 15, 16, 18, 19, 20 and 21 of Article VI. Authorizes the legislature to estab lish courts inferior to the supreme court and in addition to the district, county and local courts. 1 Provides that a majority of the supreme court justices sitting in a particular case may decide it, instead of a majority oHhe entire seven, ex cept in cases involving the consti tutionality of a law. AUTJlDrizes the supreme court to appoint three dis trict judges as associate supreme vistices in order to permit the court business. The entire court shall hear all cases involving the constitu tionality of a law and all appeals in murder cases. -'. . Provides that supreme court as sociate justices be elected by dis tricts instead of by the state at large, each to be a resident of the district from which elected. Extends term of supreme court clerk and reporter from four to six years. Removes salary limit for supreme ' and district judges, leaving this mat ter to the legislature. ( Forbids county judge to practtce ' law in any matter arising from pro ceedings in his own court. Extends term of county judge from two to four years. Provides that in case of a vacancy in the supreme or district courts, the v governor shall appoint a judge for -the unexpired term instead of merely jjiitil, the next election. Authorizes supreme court to make . rules of procedure fbr all courts. . - - PROPOSITION NO. 16. Provides that no law shall be held unconstitutional except by. agree - men of five-sixths of the supreme court instead of four, r -u-i WyJOY YVWEtt HE CA.TCKE t VS A PERCH VvrJEH VE em IN CTS A fcVSS WHEM VE oE.TS iiJ HEU.O CAO HDfVS VVWAX At YoV POtM WAY OUT THERE wiYvi a rcow boxy? cone cu esx vouwcEijPk'AH easy CHAIR. Tr OM THE PIER. THtcOW OUT . A. TOOV.L.Y ANt ttVN rr OVY f YOU wKT HAVE to T k we um tou -an GO OVER AND REAP A BOOK NOW TO CATCH llw a. a ai a. . , av sk nil ft? I Mj I Wl WV VOKY XOV BET Art AalUeitwn t-t ; VrAY DOVOVJ VfNY USE. A G 4KE UKE .tit . Market, Financial and Industrial News of the Day Live Stock Receipts were: Cattle. Official Monday ... 14.676 Estimate Tuesday ., (,660 Two daya thia week 21,178 Same days last week 13,361 Same i weeks aso.. 18,305 Same. S weeks age.. .37 Same daya year ago. 28,413 Omaha, Auv. It. Hogs. Sheep. 3,112 16.704 6,600 8.S1J 13,291 11,426 12,169 29.000 64,704 68,294 71,029 61,14-4 4.392 101,691 L 1 L i 24 74 1 I 11 1 . 20 1 3 ! 6 .. 1 12 2.. I 10 39 3 i 7 11 L 6 .. I 84 118 9 HEAD. Cattle Hogs Sheep 740 991 1,701 1,622 1,101 1,832 1,288 1,376 2,908 1,347 1,168 3,992 187 .., 1,148 67 Receipts and disposition of live stock at tho Union Stock Yards, Omaha, Neb., lor 24 hours ending at i o'clock, p. m., August 31. 1920. RECEIPTS CARS. - Horses and PnKI. U.m CI. I . . r Wnhash ., .. 1 Missouri Pacific .... 1 Union Pacific 65 u. JV. w., east .... 3 C. ft N. V-west ..75 C , St. P., M. ft Ot .. 2 C, B. ft Q cast .. 6 C, B. ft Q, west ..104 C. R. I. ft P., st . . 6 C R. I. ft P., west . 1 Illinois Central . . Total Receipts ...262 Morrla & Co Swift ft Co Cudahy Packing Co. Armour ft Co Wolf 4 Co. J. W. Murphy .... Cunningham Lincoln Packing Co. . 68 ... Ogden Packing Co 284 Hlgftins Packing Co. . 61 ... ... Mayorowlch ft Vail .. 31 (Ilassherg 6 P. O'Dea g Wlson ft Co ' 44 Vf. B. Van ant A Co. 91 Benton ft Van Sant .. 168 W. W. Hill ft Co 201 P. P. Lewis 25 Huntxlnger ft Oliver .. 91 3. B. Root ft Co S14 J. H. Bulla 141 R. M. Burruas ft Co. 12 Rosenstnck Bros, ... 114 F. O. Kellog 199 .;; Werthetmer ft Degen 666 ... Ellis ft Co 16 Sullivan Bros 101 A. Rothschild .. 123 Mo.-Kan. C. ft & Co. lit E. O. Christie 71 Baker 118 ... ... Banner Bros 43 John Harvey ........ 1,087 ... Jensen ft Lundgren .. 08 Dennis ft Francis .... 178 ... ... Cheek ft Krebs 100 Omaha Packing Co. . 20 . .. pniuey , 4 , , ,, . . , Other Buyers ,'. 2.781 ... 18.116 Cattle Receipts of cattle wera fair thle morning. Ui receipts, mounting Me .60 head. Total for the two days Is slightly smaller than a week ago. . What real good beef waa In the yards sold fully steady. Winter fed Western Nebraska steers reached $14.69, the high mark for ine year, ana corn red yearlings on the fancy order aold as high aa 117.10. Me dium quality steers were not In auch a good demand and the market waa a little lower. Then waa a broad- ouxalde de mand for cows and heifers and while pack ers were alow about trading the market looked generally steady. Stockers and feeders continue to be In broad demand and while there was not neirly aa much good atuff In the yards as yesterday trade waa not quotably changed. BEKF STEERS. J. Ar. Pr. No. Av. Pr. S .1317 16 10 YEARLING STEERS. AND HEIFERS. 64 12 00 . 62 843 17 in 1. . WESTERN CATTLE! IDAHO. 13 hfra (64 76 ... NEBRASKA. 19 cowa 921 f on 9a tan aa 37 strs 1230 10 66 21 sirs 119 f 00 It) hfra 689 7 II 22 hfra 6i 4 m strs losn is s if stre 1073 10 76 36 atra 993 19 60 23 atra 1130 11 00 Quotations on Pa hu r-hni.. 5?? "niVA10CL17 00i oai t0 eholca beeves, 315.00l.00i alr to good beevea. 313.00 015.00; common to fair beeves, 311.60 13.00; choice to prime yearlings, 316.ni t AV ?0l t0 ci,ole Trlvtt, 315.00 16.00; fair to good yearlings, 312.0iil6.00i common to fair yearlings, 38.0012.00; choice to prime cows, 38.O0jJ9.00; good to S?i50.w' fair to good cows, S5.9O0I.59; common. to fair eows, 13.76 6.00; good to choice feeders, 311,00912.00; good to choice feeders, $.7611.00; medi um to good feeders. 38.269.76i common to fair feeders. $6.0008.25; good to choice stockers, 89.25010.00; fair to good atock ..IS; common to fair atockers, 36.6008.00; stock heifers. 35.6007.00; stock cows, 36.0006.60; stock calves. $5 50 9.00; veal calves, $.6011.00; bulls, stags, etc., 35.0011.00; choice to prim grama beeves, 311.16014.59; good to oholce graas beeves, 3lO.OOWll.25; fair to good grass beeves, $8.75010.00; common to fair Brass beeves, $7.5008.75; Mexicans, $7,7509.00. Hogs Today's supply of hogs amounted to 3,600 head and trade was rather dull and draggy during the early rounds. Ship pers bought sparingly t prices generally steady, but were Inclined to favor the light and light .weight hogs. Packers held out for steady to shaded prices bulk of the receipts selling on this basis. Most of the packing , hogs changed hands at $14.40014.66, with choice light shipping hogs making an extreme top ef $16.36. - Hooa No. Av. Sh. Pr. , No. Av. Sh. Pr. $8. .294 169 , 14 25 6$. .241 ... 11 W $4. .144 70' 14 36 62..304 140 14 40 J3..363 49 14 46 38. .264 49 14 60 TO. .246 40 14 60 69. .249 80 14 65 16. .230 39 14 76 ; 69. .231 40 16 00 Vc.lll ::: Hi. tsut - , Sheep and Lambs Something like 29,000 head of sheep and lamba were received today and good fat lambs sold on a steady to strong market with In between gradea of killers a little lower. Fat sheep were generally steady. Best fat lambs topped at 313,80 with geod ewes selling at $7.16. Inquiry for feeders had a much better tone and prices ruled strong to quarter higher, good feeding lambs bring ing $12.69 on up to $13.00. BREEDING EWES. 113 9. P. 92 7 60 . , FEEDER YEARLINGS AND BWES. 19 S. D. 91 6 00 Quotations on Sheep Fat range lambs, $13.50013.95;. feeding lambs, 11.60013.90: cull lambs, $8.90010.50; ydkrllngs. $8,000 $.75; feeding yearlings. $7.6008.60; weth ers, $7.0008.00; ewes, $5.(001.35) feeding ewes. $4.23 06.00; ewe Culls and cannera, $2.0003.60. Ion City Live Stock. Sioux City, la., Aug. 31. Cattle Re celpta, 2.000 head; market steady; beef steers, fed steers, $10.00017.00; grans steers, $6.60013.60; grass cows, $6,000 9.00: fat eows and heifers. 39.00012.6'T; annera, $4.0005.75; vealers, $1. 60011.6"; common calves. 34.60 0 8 90: feeders, 98.00 011.69; feeding cowa and heifers. $4,000 1.80; stockers, 18.0009.00. Hogs Receipts. 1,609 head; market strong. ,20 centa higher; light. $16,000 16.60; mixed. $14.69015.00; rough, $13.7$ 014.191 hulk. $13.11016.16. . Sheep an Lambs Receipts, 1,500 head; market steady. ..... - , . Ksnieu City Live Mock. Kansas City, Mo,. Aug, 11. Cattle Re. celpta, 11,004 head; beef steers, mostly steadyj better grades, strong tn 25c high er; top, $17.16; other grades, $9.00011.70; beat she stock, strong: others slow and steady; good calves, $10.09; mixed year lings, $19.60; : calves, unevenly higher; best vealers, 114.99; choice heavies and baby beet, $11.60011.10; feeder uneven; others mostly ateady. Hogs Receipts, 7,900 head; opening ateady ta 19e higher on beet; closing teadyt other, unevenly lower; top, $15.66; bulk light and medium weight, $16,160 16.60; hoik heavy, $14.76016.90. Sheep and Lambs Receipts, 14.940 head; meetly . l.o lower; westers ewe. $1.76; fat tambs, 26c to 4Ac lower: top 1 westerns, $11.40; nativea, $11.60. Financial Chicago Tribune-Omaha Be Leased Wire. New York, Autjf 31. The railway and industrial stocks traveled in op posite directions today, the former displaying considerable strength at the same time that the others were either under pressure or neglected. Speculative buying of the rails cov ered a fairly broad list and gains of a point and more were well distrib uted. The movement of the two classes of shares emphasized to a greater degree than before something which has been noticed for the last two weeks, namely that traders wefe gradually paying less attention to stocks of manufacturing companies and producers of raw materials and fuel whose Teaction has been pro nounced this summer. Presumably the recent partisans of the short side have found that their efforts to get prices down had carried many stocks so low that disconcerting recoveries might develop on a little conaerted buy ing. Also, the railroad rate Increase af forded new material for a rise of shares which have long lain practically dor mant, ana It appeara aa though the seekers for quick profits have turned part of their activities to the carriers. Call Honey Easier. It remains to be ssen whether sucrl a favorable influence as the higher freight and passenger rates can prevail over the exlxtlng restricted credit situation. The question also is still to be answered wheth er reports of industrial depression in some important directions, which lately di rected bearish trading tactics, will result In actualities during the autumn of a sort to rotard growth of railroad profits. The Immediate future of railroad Income la closely bound up with the course of in dustrial events. Call money was a trifle easier today than the day before, a re newal rate of 8 per cent being succeeded by 9 per cent as the afternoon maximum. The federal reserve bank called for repay ment by local banka of about $20,000,000 deposits which represented the first In stallment payment of the last Issue of treasury certificates. The bank Is to re ceive the funds tomorrow. Bearish pressure In the Industrial list was most noticeable In the automobile and several of the steel Issues. Some recovery occurred In the sugar share department, due to short covering. The play of specu lative forces, although on a smaller scale than during last week and the .week -before, indloi-ted . that the market' has not yet become fulfy readjusted to reported busi ness conditions. There have been enough receiverships and Intervention by creditors In certain lines of Industry to create a great deal of nervousness In regard to credit outlook. Some cases of . buslnees embarrassment, a fallingioff In the demand for products has, been the primary reason tor difficulties, but the reluctance of banks to expand credit over what are held to be conservative totals has restricted work ing capital with troublesome results, to would-be borrowers, and thla process ha keen having reflexes In the stock market for some time. Cotton Market Recovers, i The cotton market followed Monday' decline for an hour, but later turned about and scored a smart recovery. Tomorrow the government's monthly report on crop conditions will b issued, aa of August 26, and preliminary estimates disclose a wide difference of findings, running from about 67 to 72.6 per cent ot the normal condition at this season. The grain mar kets gained a little ground tn a rather Inactive aesslon. Foreign exchange rate moved forward slightly, atevting gaining three-quarters of a cent with a closing quotation of 1.56 for sight drafts. Terma of the French ar rangement for meeting the Anglo-French loan are expected before the end of the week and as they are expected to fore cast rather heavy remittances from Part before October. IS, the steadiness of the franc and sterling market might be con sidered rather unusual. However, a round amount of gold Is awaited as part of the payment which may be having Influence upen sentiment. New York Quotations Range cf , prices of the leading stocks lurmsiwa uysogan ft iJryan, .Peters Trust building: . , BAILS. ' ' Honda High Low Close Close . 83 ft Hi 83 H 83 . 43 41J4 it 41 .119 111 11DU 11 E-,T- I1- Is " ' ' j?; .i v.:! d?' "i? vi. uriu., .riu...,. II 'M Chi. Gt. Western.. 9 Illinois Central .. 87 M . K. ft T 7tf n.. v,. Boumern... jovi . 36 A. , T. ft S. F. B. ft Ohio..... Can. Pac. Mo. Pacific 14 73 14 74 6ft 86 87 6 7U 19t4 19 184 26 N. Y., N. H. ft H. 36 34 14 34 No. Pac. By. Chi. ft N. W. Perm. R. R. Reading Co. C, R. I. ft P. So. Pac. Co. So. Railway 76 75V 764 76 ... 73 73, 72 73 ... 41 41 41 41 ... 93 92 92 92 ... 27 15 17 36 ...'95 94 94 96 2S JS 16 28 33 14 $8 28 46 46 24 24 ?hl.. M A fj I till 9U ai Union Pac -.T.24 121 123 121 Wabash 9 8 8 8 STEELS. Am. C. ft F......134 11 113 134 Allls-C. Mfg 31 11 31 .... Am. Loco Co. ... 95 94 94 96 U. A. Steel Corp.. 40 40 40 .... Bald. Loeo. Wks..l08 196 106'107 Beth Steel Corp.. 76 74 76 71 Crucible Steel Co. 119 118 118 135 Am.. Steel Fndrles ,w. ... 17 Lack, Steel Co. i. 68 69 68 68 Mid. Steel ft Ord. 69 69 69 39 Pressed S. C. Co.. 96 96 96 .... Rep. I. ft S. Co... 84 83 83 $4 o.- a. on. s x. ... lit 67 U. S. Steel 89 86 88 COPPERS. ' ' An. Cop. Mln. ... 63 62 52 62U Am. 8. ft Rfg. Co. 66 65 65 65 o. oe o. aim. to., ll IV ft Ivtt Chile Cop. Co , . ......... Chino Cop. Co.... 28 28 Insp. Cons. Cop.. 46 46 Kenn. Cop 24 24 Miami Cop. Co. .. 19 19 19 19 Nev. Cons. C. Co. 10 19 19 10 Ray C. Cop. Co.. 16 16 II .... Utah C. Co .61 61 81 61 INDUSTRIALS. Am. Beet. tt Co.. 74 73 f4 .... A.,G.ftW.t.8.8 136 133 133 193 Am. Inter. Corp.. 72 68' 79 72 Am. o. X. VO. ... Bf 84 Am. Cot Oil 24 24 Am. Tel. ft Tel.... 97 97 Brook. Rap, Trans. .... .... Beth. Motors 6 6 Am. Can 24 34 ,34 36 Chandler Motor... 86 84 '84 86 Central Leather... 64 53 63 63 Cuba Cane Sugar.. 33 33 33 32 Cal. Pkg. Corp.... 66 66 68 CaL Pet. Corp..,". 27 2T 27 28 Corn Prod. Ref... 19 97 87 89 flsk Rub. Co..... 36 26 16 27 General Electric .141 141 141 141 General Motors..... $1 21 21 . 2m Goodrich Co 86 II, 61 64 Am. Hide ft Leath. 13 11 11 .... Haskel ft Brkr. . . .. 70 89 68 ( U. S. Ind. Alcohol 84 81 81U 86 int Nickel, ..19 19 19 19 Int. Paper;.. 79. 79 79 79 Ajax Rubber .... 47 44 46 .... Kelly-Springfield ' 75 76 76 76 Keystone T. ft R. 17 17 17 16 Int. Merc. Mar.... 21 22 22 .24 Maxwell Motor ... 10 10 10 11 94 86 t 97 97 .... 6 Chicago Grain By CHARLES D. MICHAELS. Chicago Tribune-Omaha Bee Leased Wire. Chicago, 111., Aug. 31. A bullish wheat situation and a cold weather scare in corn with an oversold con dition of all markets placed them in a position to be easily advanced. While the close was not at the best prices, there were net gains of to lyic on wheat, lfa to 54c on corn, to ;4c"on th6 distant fu tures of oats and a loss of c on September, while rye was J, to J4c off pn the distant futures of oats and a loss of c on September, while rye was to c higher. September liquidation in corn and oats tempered the strength in the distant futures as cash market were weak. Weak spots In the market for wheat futures were taken advantage of by ex porters to buy December and -.with no sell ing of consequence other than by local operators, prices advanced 3 to 4o with December leading and closed within to c of the top. December was $2.34 to $2.34 and March $2.30 with No. 1 grades 20c over December for winters, buyers making little distinction between old and new billing. Predict -Light Frost. Predictions of light frost in ttw western portions of the Dakotaa and Nebraska turned a weak ami declining torn market into a strong ana advancing one; Scat tered liquidation was on ear,ly which car ried prices off l2o from' the previous day's close but tho rally which followed put the market up 23c with the fin ish at a fractional net gain. September oats showed a heavy under tone as the result of scattered liquida tion by longs who feared deliveries on contracts. This nut the SeDtember t lo under the December.ythe widest discounts o ir Willi imp viuod ,i 1110 uuluiu. of the trade In the deferred futures was of a local character. Premiums In the sample market were U'efco higher with sample values unchanged to o higher. Receipts 192 cars. Shipping sales 37.000 bushels. v Premium on spot rye dropped 3 06o to T10c over September for new billed No. 2 on track here. Demand pr cash grain from shippers who had August contracts to fill was not in evidence and buyers were inclined to hold off. Future were dull and closed firmer with wheat. Spot No. 2 aold at $1.92 01.96. Receipts, 14 cars. - r t , Maltster were after choice barley and with light offerings prices were unchanged. SpSt sales, $1.0601.16. Receipts, 9 cars. Pit Note. ' A corn crop of 3,136,000,000 bushels, the largest on record. Is estimated by P. SI Goodman In his September crop report for Clement, Curtis ft Co. Thi compare with 2.063,000,000 bushels a month ago. and final returns of 2,917.000,000 bushels last year. In 1911, the yield wa 3,125,000,000 buehels, The oat crop is estimated at 1,505.000, 000 bushels, the fourth largest on record and comoares with 1.403.000.000 bushels a month ago and 1.248,000,000 bushels last yef. There la a strong undercurrent of bull leh . sentiment In wheat. Some of the leading cash Handlers are nutspoKen in their views, but In general the local ele ment are Inclined to the bear aide en ac count of ' the weakness of late In other grains. A point in the situation made ny the bulla Is that Europe cannot buy wheat anywhere elee In the world for some months except from North America, and that while the foreign call may let up ritin iimo cu iimv, 11 win tunio utii oulckly. Out of total world's exporta last week of 11,250,000 bushels. North America furnished 11,000,000 bushels.. Cash house and Industrie were seller of September corn and oats, especially the latter. Scattered long let go a great dnal of corn while In oat the September was replaced Jay purchases of December and May., September dropped ta lc un der December, the largest discount of the season, as support was poor. There will be no deliveries of grain on September trades tomorrow, although pos sibly a few oats may be sent out. A fair quantity of lard and pork, i expected to De delivered. Bulk of the 6.000.000 bushels wheat re malnlng in Australia will be exported in September and the new, crop will not be vsllable until next February, according to a Bromnall came. Omaha Grain Chicago Live Stock. v Chicago, Aug, , 81. Cattle Receipts, 13.000 head: choice steers and yearlings, steady; others mostly 26c lower; top, strong: $17.75; hulk, choice; all weights, $1B. 501917.60; good steeers. mostly . $16.25 (RilC.25; grassy kind, $9.00$14.60;'' good cows, $3.75)12.7-6; fanners, $4.0004.75; steady: In-between cows, $6.7508.50. weak er. Bologna, bulls, mostly $5.6006.5(1; calves. 25fi50e higher; bulk wioice veal ers, $16.75017.50; good feeders, strong; steckers, slow steady; common quants'; rangers, steady, $8.50(311.00. Hogs Receipts. 24.000 heart: opened 15 ?25c higher, dosed mostly steady to 10c hlRner; closed witn yesterday a average; early top, $16,201 bulk light and butcher. $15.30(S16.00; bulk packing sows, $14.10 14.4(1; nigs. 25c higher; bulk, desirablo klniis. 14. 50015. 25. Sheep Receipts. $0,009 bead; fat lambs, 2Sc lower: top western. $14,00; top native, $13.75; bulk native, $12.60S13.25 sheep, steady to lower; choice western ewes, $7.65; good to choice natives.. 17.25 7.60: good Montana wethers, $4.25: Washington yearlings, $10.60; best light feeder lambs, $13.26. Turpentine and" Rosin. Savannah, yOa., Aug. 31. Turpentine- Firm. 11.37(91.38; sales, 600 bnls.: re ceipts, 733 bbls. ;' shipments, 364 bbls. ; stork. 10,0.14 bbls. Rosin Steady: sales, 1,349 ranks; re ceipts, 1.776 casks: shipments, 668 cesks: stock, 397 casks. Quote: B. r. E, F, Gi H. I, 12.35c; K. M, N, WO, WW, 12.35 60c Chicago Produce. Chicago, Aug. 81. Butter Market low er: creamery, 4364c. Eggs Higher; receipts, 11.991 cases; firsts, 60 61c; ordinary firsts, 41 47c; at mark, rases Included, 4649c; atorage packed firsts, 61c. , , Poultry Alive, higher; .fowls, I686c; springs, J3c. , , Bar HIItV. , ' New York, Aug. lit Rar Silver Domes tic. 99c; foreign, 92c; Mexican dol lars, 70c. . Mex. Pet, 163 160 Middle. States OH. U 11 Pure Oil 28 38 Wlllys-Overlsnd .. 16.. 16 Pierce Oil Corp... 13 ' 12 Pan- Am. Pet.... 17 86 Pierce-Rrrew .... 17 36 Royal Dutch 82 82 i U. S. Rubber 86 85 Am. Sugar Rfg. ..112 112 Sinclair O. A R. .. 28 98 Pear-Roebuck ....149 139 Stromberg Carb... 11 72 Studebaker Corp.. 62 66 60 64 9 Tob. Prod Trans-Continental 9 Texas Cow 47 ;. 46 u. s. rone rroa.. ov 69 8. S.. R. ft M.. White Motor 45 44 West. Airbrake... 10U 10 U, West E. ft V...W A. Woolen ...... i 90 Total sales. 660.200 share. Money Close, 9 per cent; Monday' cleie, 19 per oent. . Marks ,0206c. Sterling $3.65. . 47 71 161 1H 38 15 13 86 36 83 85 113 V 139 72 0 65 , 9 47 ' 59 44 19 4T 11 161 11 38 15 12 X7 , iH 83 85 111 28 10 74 61 64 94 69 63 5H .81 48 Omaha, August 31, '1920. The market was very quiet and without particular feature. Spot wheat sold fairly well at a general advance of a cent. Corn was extremely, slow at prices ranging from unchanged to 2 cents off. Buy ers took oats very slowlv at around a cent decline. Rye sold up a cent. Barley was practically unchanged. As a whole, the market was an un usually dull one. RECEIPTS AND SHIPMENTS. Receipts Today Wk Ago. Wheat ; 110 87 Corn 31 25 Oat 39 24 Rye 6 7 Barley 2 S Shipments Wheat 40 98 Corn 15 33 Oat 24 17 Rye 1 6 Barley 2 0 RECEIPTS IN OTHER MARKETS. 9 Wheat Corn Oats Chicago 186 218 ,296 Kansas City.... 122 , 16 ' 61 St Louis 118 46 66 Minneapolis ,, 360 ... ... Duluth 61 . ... Winnipeg 176 ... i.. DAILY INSPECTION REPORT. The dally Inspection report shows this grain Inspected "In" In 24 hours': Wheat Hard winter: 46 cars No. 1, 46 cars No. 2, 26 cars No. 3, 16 cars. No. 4, 3 cars, No. 6, 4 cars sample. Mixed' 6 cars No. 1, 3 cara No. 2, 2 cars No. 6, 1 car sample. Spring: 1 car No, 1, 2 ears No. 6, 9 cars sample. Durum: 2 cars No. 3. Total, 165 cars In. Corn Yellow: 1 car No. 1, 9 cars No. 2, 4 cars No. 8, 1 car No. i. White: 3 cant No. 1, 6 cars No. 2, 8 car No: 3. Mixed: 1 car No. 1. 13 cara No. 2, 6 cars No. 3, 2 cars No. 4, 1 car No. 6, 1 car sample. Total, 54 cars In, Oats White: 7 car No. I, 44 cars No. 5, 8 cars No. 4, 3 car sample. Total, 62 cars In. Rye T car No. 2, 3 car No. 3, 1 car No. 4., Total, 11 car In. Barley 2 cars No. 3, 3 cars No. 4, 2 cars No. 1 feed, 1 car rejected. Total, 7 car In. PRIMARY MOVEMENT. , Receipts Today. Wk. Ago. Yr. Ago. Wheat 1,300.000 1,134,000 6,694,000 Corn 636,000 316,009 974,000 Oat ........1,622,000 1,312,000 1,803,000 Shipments Wheat SttMD 476,000 998,000 Corn 149.004) 147,000 801,000 Oat 63490 437,000 1,016,000 TODAY' TOTAL CLEARANCES. Today. ' Yr. Ago. Wheat and flour 1,308,000 784,000 Oats 474.000 ..... U. S. VISIBLE; GRAIN SUPPLY. Teday. Yr. Ago. Changes. Wheat 19,354,000 66,928,600 341,000 IVaa Corn ...... 2,898,000 556,000 719,000 ' v Inc Oat ...... 3,813,000 19,411,000 1,002,000 CHICAGO CLOSING PRICES. Art'es j Open Doc. Moh. Kye. I aep. Dec. Corn. Sep. Dec. May Oat Sep. Dee. May Pork. Sep. Oct. Lard I Sep. Oct. Ribs. Sep. Oct. 2.32 2.35 2.29 I 2 31 1.85 1.86 1.65 1.66 J.40 1.41 1.18 . 1.19 1.16 1.16 .66 .66 .66 .66 .68, .68 123.80 2430 124.76 26,30 18.40 18.42 ' 18.76 18.80 H.OOi 15.60 1S.20 16.66 I Low. Close I Yes'dy I l 2.31 2.24 1.33 2.38 2.30 2.29 1.84 1.8s4 1.8SH 1.64 1.66 1.66 1.37 1.40 1.40 1.16 1.11 l.llj 1.14 1.16 1.16 .65 .65 .66 .66 .66 -.66 .67 .68 .68 2175 24.00 24.20 24.75 24.96 26.20 18.17 18.40 18.46 18.65 18.80 18.82 14.90 15.20 15.05 15.37 96.66 16.66 Minneapolis , Minneapolis, Minn., Unchanged. Bran 142.00. Corn S1.40O1.42. Oats 60 61 c. Barley 86$1.06. Rye No. 2, $1.84 Q Flax No. 1, $3.163. Grain. Aug. 31. Flour 1.86. 19. New York General. New York, Aug. 3L Rye Steady; No. 2 western, $2.36 f..o. b. New York, and $2.23 c. 1. f. domestic. Barley Firm: feeding, $1.16; malting, $1.24 c. 1. f. New York. Wheat Spot steady; No. 2 red and No. 2 hard, $2.69, and No. 2 mixed durum. $2.61 c. 1. f. track New York to arrive. Corn Spot easy; No. 2 yellow, $1.73 c. 1. t New York, 10-day shipment. Oats Spot easy; No. 1 white, 82c. , Lard Barely steady; middle west, J19.0518.15. '.... t? X -.I, T" I . t wiiuii dccu wii rum, priiiiB Bummen yellow, spot, $11.90; October, $12.67; De- wiiiuri, jnaiii, , id.us. Flour Quiet; spring patents, $12.2Cfi , 1 I' H ,i.n, I u ly. , V , nill,Cl straights, 1U.0011.60; Kansaa straights, tlZ.UVGEPid.UU. Cornmeal Dull; yellow and white gran ulated, $3.904.00. Hay Steady: No. 1. 12.0502.15; No. 2, 1.96 6i 2.05: No. 3. 11.6018)1.90: shloolnir. $1.60 (fill. 70. Hops Dull; state and Pacific coast, 1919, 78 if) 80c; 1918, 6572c. Pork Barely steady; mess, $32.00 38.00; family, $44.0050.00. Lard Steady; middle , west. $19,159 19.26. - 1 Tallow Easy; special loose, $10.00. Rice Easy; fancy head, 1313c; Blue Rose, choice, 10c. Spot Cotton. New York, Aug. 31. Spot Cotton, quiet; middling,, 3l.7tc. Cotton futures closed steady; October, 27.13s; December, 25.48c; January, 24.93c; March,. 24.60c; May, 24.15c. ... . . GERMAN CITIES BONDS ar now. actually . traded in a . , the New York Curb f We are specialists in these issue and .particularly recommend the pur chase or BERLIN 4, HAMBURG 4tf BREMEN 4 for the reason thnt these cities represent the moat tmimrunt Industrial and Shipping cen ter! in Uermsny and Uieae Bonds hire bf far the largest security beck ef theta. ' At anient rlm, erotlti ef 1,000 er teat are feMlkl. We saeevte errfirs either ter cash or ea aeaiemtlvs Mania. Writ for Circular K-9. '.Send for our Weekly Msrket Letter eontalnlns careful analysti ef aU active N. Y. Blocks mailed FREE. HENRJ A BERNHARD WOLl A CO., I.e. tleekt Bes1 Fertile Emhaase. 299 Madlioa Ave. New Vifk City Local Stocks and Bonds Brlnker Asked 195 100 100 i 90 100 . 100 I 90 Quotations furnished by Burns, & Co. STOCKS. Bid Beatrice Cream. Co 1 8 6 Hrgn-Nsh. Co. 7 Pet Pfd 1923-42 97 Kldredge-Rynlds. Co. 7 Pet. Pfd 97 Gooch Food Prd. Pfd 87 Oooch Mill. & Elev. Pfd. B. .. 95 Harding Cream Co. 7 Pet. Pfd. . . Hawkeye Portland Cement Co. 107 Nat. Am. Fire In. Co. ...... Nichols Oil Pfd. W-bonus .. 77 Omaha Flour Mills 7 Pet. Pfd. .. 85 Paxton Galagher Co. 7 Pet. Pfd. 99 101 M. C. Peters Mill 7 Pet. Pfd. .. 97 100 M.E. Smith Bid. Co. 7 Pet. Pfd. 97 100 Sioux City Yards 6 Pet. Pfd. .. 86 Thomp'n-Belden Co. 7 Pet. Pfd. 96 98 Union Stock Yards. Omaha ..95 98 . BONDS. Argentine Gov. 4s, 1956' 7.00 Armour & Co. 7s, 1930 .... 96 96 Burt-Wosh. Drain. 6s. 1921-24 . . 8.60 Dundee Paving 6s, 1930 .... 99 100 Hill Bldg. 6s, 1921-30 ...... .. 6.40 OmsJia Athletic 6s, 1932....'.. 100 Sinclair Consol. Oil 7s, 1925 89 90 Per cent. New York Bonds. ThA 'nllnu'lnr miAt.H.n. uy j.,ogan oc uryan: Atchison 4s B. & O. Con. 4s Beth. Steel Ref. 4s Cent. Pac. 1st i C. B. & Q. JL 4s fit- Pnill Clan ill. C & N. W. Gen 4s! y& N. Un. 4s Now York Ry. 4s or. pac. p. It. 4a Reading Con. 4s....;.... Union Pacific 1st 4a U. S. 8teel 5s U P. 1st Ref. 4s ,. S. P. Cv. 6s S. P. Cv. 4s Penn. Cnn. iUi Penn. Gen. 4s Co. Com. 5s ., Ash Ref. 4s furnished .... 74 75 v... 64 64 ....'78 78 .... 71 72 .... 94 96 .... 72 72 .... 73if T4 .... 78fi 78 .... 18 21 .... 75 75 .... 80f 80 .... 80 0 80 .... 92 92 .... 74 76 .... 97 0 97 .... 76 75 .... 89 .... 76 76 .... 80 81 .... 77 78 Chicago Stock. The following niint.Hnn. . .. . 1 v by Logan & Bryan, member of all prin cipal Exchanges, Room 148 Peter Trust Building (formerly Bee Building); 17th and Fikpnam rma , nm.l,. v. . Armour It Co., Pfd.' .'; 91 91 Armour Leather Co., Common 15 16 Continental Motors 8 g 8 Llbby, McNeil & Libby 13 fp 13 National Leather .10 0 10 Reo Motor Car Co 22 .... Hwirt & Co. ., 108 108 Swift International 29 29 Union Carbide A Carbon Co... 63 63 Chicago Potatoe. rYifam. A .-v d.i.u nr..,.. n Aug,. ... (vi.wcp-nnni re ceipt. 92 cars; Jersey cobblers, $2.90 Idaho rurals, $2.90. New York Dry Goods. New York, Aug. 31. Cotton goods were quiet with prices lower In the dry goods market here today. Yarns were week, but silk and woolen goods wera unchanged. The new cotton duck lists will become effective September 15, It was announced. London Money. London, Aug. 81. Bar Silver ounce. Money 6 per cent. Discount Rates Unchanged. !d per Nv York Money, New York, Aug. 31. Prim mercantile. paptr, 8 per cent. Exchange Steady. Merlin Demand, $3.55: cables, $3.66. Francs Demand, 9.92o: cables, 1.94c. Belgian Francs Demand, I.SSo; cables, 7.38c. Guilder Demand, 11.76c; cablea. $l.7o. Lire Demand. 4.64e; cables, 4.66c. Marks Demand, 3.04c; cablea, 2.06c. New York Exchange on Montreal 10 per cent discount. Time Loons Strong! unchanged. Call Money strong; high, 9; low, ; ruling rate, 8; closing bid, 9; offered at 9; last loan. 9. natter and Fig In Omaha, Xggs No. 1, 49o per dozen; No. 1. 420 per dosen: cracks. 37o per doen. Butter 41o per pound. .100 Men in the HANSEN-CADILLAC SERVICE DEPT. are recognized and re warded by Honor and Cash Bonus System. Have your Cadillac at tended by efficient Cadil lac men trained to ren der the best service. We do it right. J. H. Hansen Cadillac Co. Service Dept. Guy A. Wheaton . Harry 1UM S. J. Alexander r UPDIKE SERVICE We Specialize in the Careful Handling of Orders for Grain and Provisions FOR ' ' FUTURE DELIVERY IN All Important Markets .WE ARE 'MEMBERS OF. Chicago Board of Trade St. Loui Merchant Exchang Milwaukee Chamber of Commerco Kansas City Board of Trad Minneapolis Chamber of Commerco Sioux City Board of Trado j Omaha Grain Exchange .WE OPERATE OFFICES AT CHICACO. ILL. GENEVA, NEB. SIOUX CITY. IA. W lUi Kit? D sinuv riTV IA. DES MOINES. IA. HASTINGS, NEB. HOLDREGE. NEB. MILWAUKEE, WIS. ATLANTIC, IA. HAMBURG, IA. All of the Office ar connected with each other br private wire. We are operating large up-to-date terminal elevators in the , Omaha arid Milwaukee markets and are in position to handle ; , your shipments in the best possible manner L e., Cleaning, ' Transferring, Storing, etc. ' It will pay you to get in touch with one of our offices when wanting to BUY of 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 r Illinois Central Proudly Calls Attention to Its Record There is a good deal of talk among uninformed people to the ef fect that the railroads have not been functioning for some time, and are not functioning at the present time. If this talk were to the effect that the railroads are facing the task of attempting to move a greatly increased volume of traffic with an im paired and insufficient plant, or that the railroads had nbt kept pace with the growth of the country, it would do no harm, because it would be true, but any statement to the effect that the railroads have not been doing their utmost, and are not at the present time doing their utmost, with the facilities with which they have to work, must not be permitted to go unchallenged. Perhaps the best answer which I can make to this unjust criticism about the railroads not functioning is simply to give here a statement of the gross ton miles of freight handled by the Illinois Central system, per year, for the last ten years, and the number of passengers carried one mile, per year, for the last ten years, which I do, as follows: Gross Ton Miles of Freight 1910 ...21,297,062,271 1911 ...21,889,824,779 1912. .......21,531,250,666 1913 ..24,391,106,507 1914 24,366,570,056 1915. 24,893,278,841 1916. 27,704,768,863 1917 31,302,858,783 1918 ..34,227,609,231 ,1919 28,740,018,000 l. 6 mo. 1920. . 17,568,332,000 Passengers Carried One Mile. 1910 1911 1912........ 745,818,345 811,282,510 807,969,807 1913........ 815,812,320 1914.... 832,881,282 1915.. 1916. 1917 1918........ 1919 lit 6 mot. 1920. . 747,797,713 850,797,693 982,111,873 1,026,898,494 1,142,044,011 568,884,894 GROSS TON MILES OF FREIGHT FOR THE MONTH OF MAY, 1920, WERE 3,253,664,000, THE LARGEST FOR ANY ONE MONTH IN THE HISTORY OF THE COMPANY, AND JUNE WAS A CLOSE SECOND. The Illinois Central is but one railroad system out of many. I do Vnot claim that its performances are any exception to the rule. No doubt many railroad systems have done as well, and perhaps some have done better than has the Illinois Central. The Illinois Central personnel is anxious to serve the public even better in the future, and very earnest efforts are being put forth in that direction, but I hop6 our patrons fully appreciate that it will take time to restore our equipment and enlarge our facilities. I promise them that no time will be wasted. Constructive criticism and suggestions are invited. C. H. MARKHAM, Preident, Illinois Central Railroad Company. l'
