!
THE BEE: OMAHA, THURSDAY, SEPTEMBER 23. 1920
4
Market, Financial and Industrial News 'of the Day
Live Stock
25 1 Receipts rs
Offlctal Monday
oiriciRt Tuesday .,. 10,44
jailmate wertnesdsy 10,000
Three day this wk. 41. 231
Sam days last wk. 40.061
Sam daya I wka.. 27.001
8am day $ wka.. 27.020
Same daya year ago 43,m
Omaha, Sept. 23.
Cattl Hon Sheen
2o,m i.ont imis
1.824 30.4IU
4,000 26.000
3.905 82,597
12,7t 98,S
14,749 88,788
17.11? 71,253
19.163 130,467
Receipts and disposition of live stock at
h Union Stock. Yards, Omaha, Nsb., tor
24 hour ending -at 3 o'clock p. in., Sep-
RECEIPTS CARS.
C, M. It St,. P, ...
"WhaaH. , ...
twsourl I'aotfle ....
Thzlon Pacific
.. & N, W., eaat ..
t & x. w.; wt . .
y , Bt. p.. m: a a . .
I'., H. & Q., rant ..
t'.i H. & Q . west . .
t:., R. I. P., eaat .
.. R. I. 4,1'., weat
.Illinois Central ...
'Chi. Ot West ....
Total receipt!
J
6 '
86
4
0
14
. 6
40
,2 .
lit.
II
66
:;:
. ..
: 1 2
. 6 36
1 4
1
1
1
63 101
Financial ( Chicago-Grain
DISPOSITION CARS.
--- Morris St Co. .....
Swift & Co. .1.).
Cudahy Pack.. . J.s
Armour 61 Co.1 ....
.T. W, Murphy '. I A
Ogdeil
Lincoln Pack, Co. .
l.tnlnger' Co. 1 . . . .
flgglns,Pack. Co. .
' John Rfti 4 Sons .
Mayerowlch & Vail
P. O'Uea .
i Wilson & Co. ... . .
k W, B V Sani & Co. -lknton
V. Sant
'V. W. HII1I& Oo. .
V. 1. Lewis' ....
, . V.unt. & Oliver , .
.r. B. Root 4) Co. v
.1. H. Bulla ' ....
' It. M Bu na & Co
I I'.osen. Bros
'. G. KellogK . i . .
-.Vor'el'er & IJegen
El',11 & Co. '
Sulilvan Bros ....
A. Rothschild
!o,-K. 0. & t Co.
K u. Christie ..
Maker
Manner Bros:
Juhn Harvey
Jensen tund. ..
Licmilx Us fearrls
.iinaha l'ack. Co. .
MM. Pack. Co. . .
Ou'hy f i oin Sioux C
Pmiley
Other buyers .... !
826
1,47s
1.(96
1,069
45
6
36
8
2i
3;
105
18
114
43
13
450
, 84
' 13
6
368
363
168
4
221
23
I 144
50
1,108
88
992
1,106
90
416
99
957
1,615
3,201
2,376
13
li
19
3
,590
718
Totar
14,028
11.359 4.939 42,176
Cattle Another very liberal run of cat
tle , u received this n'rn'n"-1e"ti5;?;t,
calling for about 10,600 head. W hi o
l.oYf demand was slack, packers took hold
of 'he f" cm feds that were here "
M , haa ri
Zri? market. Beat .tock.r. and -feeders
continue to sell about wr"V ".
maml slow and weak and lower. Cows
ami heifers were also very slow again to-
ni.eneil 23C or mui tu.
everything except canners and
which a ''brabka. . s
Pr. No.
J 35 6 cows JIU0
8 IS 14 tows , 977
7 60 IS hfrs 103
7 60
WYOMING.
JO 00 26 fdrs 08
13 60 y. I lars in
12 00 7 -strs 614
t 25 ' 12 sirs 1201
t 25
onatiUnni on cattle: Choice to.
iu kahI7 in. sroodS to
ooevt., '-" f.-V."'.,r , h..ve
beeves, sie.uusyie.vv, " " ,,"- f,"v(,,
11.1 SOffllS.OO: common to fair beeves,
I 'oo13 60 choice to prim year Ings.
llo!on 17.26 j good to choice yearl ngs.
II,"', COf 16.00; fair to good yearlings. $13.00
O15.00: common to lair yearlings 110.00
13.00: cholc to prime rass ; beeves,
S?J . XI., r annA i.. hnrs Krsss beeves.
Jlo:oo12.00: fair to good grass beeves.
No. A v.
23cow 1013
II strs 871
18 strs 310
25 strs 76
' fi sirs 10
26 Mrs
. I fdr 1230
20 strs 613
10 strs 987
on
cutters
rr.
7 25
7 01)
3
10734
1287
85
12 00
4 25
14 65
prime
choice
ol "6 ' "Vo., choice
I to orUne grass cows, 7.768.76: good io
-p "vifcVgraSs cows, 86.607.7S: fair to godd
V arasscowe" 5.25.26i common to fair
, t grass jj. v K, . tirlma
er 6".6o'l" 6: medium to
r 6S.269.50: common to fair fe!r,4(.$,6;
a,s Mt: irood to choice stockers, 9.260
i ifv-is- fair to good stockers, . 17. oo ..
- common o fair stockers. 5.607.00: stoek
" l.elfers, .$6.00fil7.60: I itoc I . 00
veal calves,
eto. 5.00
K7S- stock calves. 6.009.50
' 8s.0012.00; bulls. stags,
Hors-Hok receipt. ','today were
S maieu l K ,r ,h. market
t Quality .was isjny v" " ii
as. slow and draKgy at 17.. " ae
26f35c lower? The bulk of "! was
J16.0016.60 with a tog of 117.00.
Sh. . Pr. No. av. on.
110 1 00 76. .181
4 16 IT ' 44.. 301
250 : 1 25 62. .243
110 1 40 jvJ..J28
40 "i 65 . 3a. .202
No. Av.
38. .286
68. .263
60. .270
fa.. 264
40.. 189
31. .161
in
I
estl-
heail
Pr.
18 19
It 20
16 35
16 60
16 75
Sheep "Receipts of sheep and lambs, to-
da" amounted- to sojigv n i
fambs had to rell on a slow market , at
prices mostly rt6c lower. Best lambs
brought I3.2013.25. Fat sheep were
Kewt"lly steady with best ewes bringing.
16 ool 6.25; Fee.Wr trad was rather flUlet
'vi'th a tendency to values downward,
(lood feeding lambs sre affered around
WQuotat!on on sheefi: Fat range hmta,
$12 5013.60: f-edlng lambs,? $1150
13.26: cull lambs. $9.00ir.00;
$8.259.25; .feeder yearlings. J-.f
wethers. $100e7.78: ewes. $5.T0.60,
feeding evfe. $4.50e6.00:, we' cull, and
canners. $2.003.50. . ..
i 1 -t ' '
i Chicago Btoek. ' .
Chicago Trlbune-Onmha Be leased Wire.
New York, Sept. 22. Trading in
stocks today contained a well de
nned line of cleavage between in
dustrial and railroad issues. The
former, especially automobile, rub
ber, steel and petroleutn snares, were
under pressure throughout the ses
sion, the modest recovery toward
the close of jbusiness being unable
to pverome' the declines which
were pressed until well into the final
hour. ' .
Declines tan from one to more
than three points in prominent
stocks.; IJethlehem Steel, class B
shawis' receded more sharply than
companion issues, being sold heav
ily after new came unexpectedly
that" the company was negotiating
with bankers tor the sale of $20,000.
000 7 per cent bonds. The corpora
tion needs new money' to 'finance
the building of ore-carrying steam-
8hipsand while plans to increase
the funded debt was, as is usually
the case, the signal for an attack
upon the stock, a broader gauged
reasoning of the situation would
make allowance for the purpose of
the loan, namely, to enable the bor
rower to increase its supply of raw
material on an economical basis. ,
iienernl Market Depressed
Outsldo of the fall of this stock, the
market was shaped In respect to the In
dustrial shares y rather depressing de
ductions from the Ford Motor Co.'s cut of
prices. This naturally had chief bearing
upon motor company shares, but a col
lateral Influence was seen In the reac
tion of steel stocks.
The week's reviews of the Fteel trade
mentioned Indications of a hesitant at
titude of buyers. As far as current pro
duction goep, however, surveys show much
activity. The Iron Ae states that Oc
tober promises to figure again as a
month of records.
The record of the railroad shares move
ments disclosed a purpose of the specula
tive element to uncover issues that held
promise of. rising without much activity.
This sort of buying brought forward a
number of relatively inactive stocks, main
ly of low-priced class and at the samo
ihw. wtr. helna- bid unward. tev-
eral other stocks of the same group which
had been strong last week, were Hpo
to nluaer levels than on Tuesday. The
pressure against the Industrial depart
ment was of the positive order, but it
did not have a full offset in a general
forward swing of the rails. The railroad
share market continues to reflect hesita
tion and uncertainty among buyers, who
evldentlv i are waiting to be- convinced
u.t ,i r.att-ipri ..an advance conMst-
ently at a time when events show1 read
tustment processes under way In regard
to price and turn -overs In business. A
nerspective of railroad Income under the
Increased freight and passenger rats Lss
vet to be obtained from results in the
first few months! after the end of guar
anteed "YaH Monrr Stationary.
Coll monev remained at . 7 per cent and
was reported In rather Ilsht demand, Por
rowwvof time funds. !. were not press
Kg into the market, for the ImP!;"'0"
prevails that lower rates will appear Jate,
on Liberty bonds advanced In the morn
f"g hut reacted slightly t" the afternoon,
the flnnl pfcees, however, showing a con
siderable improvement over .last week's
leThe wheat and corn markets are movlns
too erratically these days to perrnit or
Se tracing of t.nd;riyinsr r.u-e- Today
Tecemhr wheat, nfter scltjng own lo a
level more than 10c below the week's max
imum quotetlon, turned about and left oft
with a 'rapidly, acquired net gain of 3 Kc,
to $2.36 ner bushel. The rsnpe from low
est to highest prices was no less than 8c
while September corn, after selling at
1224. a new low price for the year,, re
hounnd " jLl-tt. for a net gain pn the
SteMlngexchang moved upward 3o i and
francs Wore firm, but there was a further
reaction in Norveelan and DnJsh "t!flr
which emppaVxcd the unbalanced trade ol
these countries.
New York Quotations I
i).i, nl prices of the lending stocks
furnished by Logan' Bryan, Peters Trust i tne trade In wheat was much larger thaa
By CHARLES D. MICHAELS,
liiltago Tribune-Omaha Bee Leased Wire.
Chicago, Sept. 22. Overconfidence
on the part of the bears, who sold
all grains freely at the start today,
was mainly responsible for a very
sharp uputrrt in the September de
liveries of corn and rye. Scattered
liauidation was on early, but of
ferings were quickly absorbed by
strong commission houses. Later
reports of an immense export busi
ness in wheat started shorts to cov
ring and offerings were limited on
the way up. ' Wheat advanced and
closed 3j44c higher, corn 12"4jc for
September aund unchanged to c
lower on the deferred deliveries, H
fic higher on oats. 518c higher
on rye and lc lower on barley.
Removal of hedges against export
sales of wheat variously estimated at
3,000,000 to 5,000,000 bushels wa
responsible for a bulge in futures
of 7c to 9c from the early low
point. , December dropped to $2.28,
shortly after the opening or 454c
under the previous close on scat
tered stop order selling only to ad
vance to $2.37.
Heavy Buying of December.
Bartlett Frailer took over 2,000,000
bushels December and there was also
heavy buying by Jackson and McKenna
Dlckey, the latter taking around 1,000,
000 bushels. Practically all of this buy
ing was against export sales, and the
futures were exchanged for the cash later
In the day, grain being secured m prac
tlcally all the western and southwestern
markets. Country offerings to arrlv con
tinue limited and premiums In the lead
ing markets showed little change despite
the large salts. A break In foreign ex
change was ignored.
, Efforts on the part of shorts tot cover
suits of September torn found offerings
very limited, and prices Jumped, 1414c
after a small dip early. Under cover
of the strength in the September (Jarge
quantities of December and May were
sold by strotig commission houses, and
the new crop deliveries closed heavy.
Shorts in the September found plenty of
sellers when they bid up for the grain,
there being large orders to execute on
the way up. Receipts were 317, cars.
Data Take Drop.
Oats dropped to a new low figure on
the crop early but closed strong with
fair net gains. There was persistent buy
ing by strong commission houses which
readily absorbed the offerings. A leading
elevator Interest sold December here and
at Minneapolis early, but later took the
buying side. Receipts, 14 cars. Shipping
sales, 22,000 bushels.
Covering of short September rye by the
northwest found the market almost bar
of selling orders and with some of the
local traders helping along the bulge,
th, price advanced 2jVo from the early
low point, while December jumped lc.
Receipts, 13 cars.
A better clearance of low grade barley
was effected as the result of the strength
in other grains, but prices showed little
change. Spot sales were at 80 99c. Re
ceipts, 37 cars.
Pit Notes.
i Local sentiment, while decidedly mixed
after the close, leaned strongly to; the
belief that the bulge In September corn
during the aay resulted In a heavy de
duction ofj the opun short interest and
left the market' in a position where It
would not be surprising if a sharp break
was witnessed that carried all deliveries
Into new low ground, when everything
was considered, some traders said they
were not surprised at the reaction which
was the first of consequence in over a
week, but admitted ihat they hardly be
lieved that it would jfo that far.
The ; leading local ariorts In December
corn covered part of their lines Tuesday
and early today, but were talking much
lower prices alter the close. A well posted
cash handler ,4)uld that tt would have
been easy to buy 600,000 bushels or more
old corn at materially under the September
price were they sure that they could
sell the September against it, and have
the grain arrive In time for delivery.
Sales of old corn at country points in
Illinois and Iowa were reported at 95c 9
$1.00 during the day.
The export business In wheat staggered
the trade, who were Inclined to look for
much lower prices at the opening, but
quickly chaTTged their mlnda when they
saw the size of the buying orders that
cama into the pit from the aeaboard.
The ease with which the millions of bush
els were secured to remove hedges was
regarded with surprise and indicated that
Omaha Grain
Omaha, Sept. 22.
' Cash grain prices made decided,
upturns today with wheat and corn
leading in the advance. Wheat v.as'
34c higher and lorn a correspond
ing, amount. While arrival of
wheat today were small, offerings
were fairly substantial, considerable
being carried over from yesterday.
The few corn sarftplei sold readily.
Wheat also was in good demand.
Oats were up lc Rye advanced
34c, while barley was not much
changed.
WHEAT
No. 1 hard: 1 cars. $2.46 (dark): 1 car,
$2.46 (dark); 1 car. $2.41; $ cars. $3.40.
No. 3 hard: 4 ears, $3.38; 3 cars. $2.$T
(smutty); 1 car, $2.35 (smutty): 1 car,
$2.34 (smutty).
No. 3 hard: 3 cars, $2.36; 1 car, $2.85
(smutty); 4 cars, $2,32 (smutty); 1 car,
$2.30 (smutty); 1 car, $2.30 (very smutty).
No. 4 hard: 2 car. $2.33; 3 cars, $2.31
(smutty).
No. 6 hard: 2-5 car, $3.36 (heavy sack
ed); 1 car, $2.81; 1 car, $2.30 (smutty); I
car, $2.26 (dark smutty); 3 cars, $2.35
(smutty).
sample nara: j car, sz.zs Ui.o per rent
J.fOJ
683
1,948,009
360.000
66,000
(smutty); 3 car.
3-5 car, $2.33
$2.20
(amber
1 car, 67c
building:
RAILS.
Tuesday
Hlch
84
A.J T. & S. F
Baltimore' .i Ohio.
Canadian Pacific .121
N. Y. & H. R...t. 76
Kriej R. R .20H
Gtl Northern, ipfd.. 7(1
Chi. Ot. Western.. 13
Illinois Central ... 90 U
Mo., Kan. & Tex. .. - 7 ,
Kan. City Southern 22
Missouri Pacific .. 28 V4
N. V., N. H. & H. .. 35
Nor. Pacific By. . 80
Chi. A N. W 75V4
Pennsylvania R. R. 42 H
Rer.dlnsT Co 94'4
C. R, LAP 40
Southern Pac. Co.. 97
Southern Ry 31 ,
Chi.. Mil. St. P. 38
Union Pacific 123
Wabash V
Am.-Car ft Fdrv.133 133 133 13314
Allis-Chnlm Mfg.. 34 34 JJJr' it,,
i , T Cn 95 96 95 96
Baldw. Loco Wks.112 111 111 112
Low lose Close
84 84 84
43 43 43
126 131 121
75 76 7
19 20 20
78 79 79
12 13 12
10 90 90
7 7 IV,
22 22 21
27 , 28 27.
34 ' 35 35
79 80 79
75 75 75
42. 42 42
93 93 94
37 40 38
96 97 96
29 30 29
37 37 38
122 ,123,. 123
11 11 11"
I ' .
expected.
Crop reports on corn are attracting lit,
tie attention at the present time. The
government weekly weather and crop re
port said the bulk of the Nebraska crop
was now safe.
St. Louis reported a number of cars
of wheat carried over unsold at the last,
while, 16 cars of corn out of receipts of
31 cars were carried over.
1 New York Sugar.
Nevi Tork. Sept. 22. Sugar Raw
steady: centrifugal, 10.78c; sales. 7,00
oags i-erus, o.uuu nags vunas ana 1,000
bags Porto Rlcos. Refined ateady; fin
granulated, 14.60c.
Tho market for sugar futures wa Ir
regular early and there was only a (light
trade. At noon September was 90 point
lover under liquidation, while other
months were 6 to 16 points higher on
eoverlng and buying by trad Interests.
Sugar futures closed steady; sales, 2,500
tons; October, 9.66c; December. 9.60c;
January, 1.14c; March, t.OOc; May, 9.10e.
, Kansas City Grain.
Kansas City. Mo., Sept. 22.-r-Close:
Wheat December?- $2.31; March,v $2.35.
Corn September, $1.16 Vi; December,
98c; May. 99c. t '
rhlcne Scot. 2-. t.ame tvfrciM'", ; . .. . -
I niCHKW, pi. .u, C..lkl. U, ami 139 199W 131
000 head; demancj extreme,, ....... y- , ... e... .... -
Sn r.veT.V S5C lower; 'top. $18.05; hulk, i Lacka'na Steel Co. 66 ,
t
ft
:
a
.
'
t
..i... n..r lH.U0ff91.NU: KOUU Kill.
f.,ir. low. steady at $9.00
12 25; other grades dull. 680: down; west
ern, l hm Market very slow, bids lower.
ur.Mtn 11.600 head: opened
loffJSc lower, mostly, 3650c lower than
...i.niii'i avernae. spots more: closing
weak, top early. $17.65; practical top,
in m. v...llr 1lht and butchers,
$16.50 17.50': bulk packing sowa , $16.60
,.!' r,ie. 25c lower. 'bulk desirsble
I....,!. tIA "KAMA 73.
Hhn Heceints. 23.000 hd-- native
lamhs . 5&50e lower: top. $12.60; bulk,
$ll.50if12.25; no fat westerns kohl, on
morning market: sheep steady to lower;
choice western wes,06 25: fat natives
mostfr $5.60; feeders steady; feeding
lamb largely $13.0QiSiUtB0. , j;
ir.nu.. -itv I.Ivm Htnrk.
Kansas City, Mo.. Sept. 22. Cattle-Re-
celpts, 14,000 r.eaa: Deei sieers. (gc..r...,
weak to 60c' lower; class poor, few best
ster-dy; top, SJ7.60; fat cows and heifers.
; '4. I..jskmiaiitv nlaln! canners and
bulla, steady; veal calves, steady; others
weak to 50c lower; top vealers. iib.&u,
good heavy- cows. $9.00010.00; atockers
and feeders, steady to 26o lower..
Ti.uc.ints. 3.000 head: market
very uneven, generally 25o to 40c lower
"Shpl"nd ' Lambs-Receipts. 18.000
head; market flow: sheep. tedy; west
err, ewes. $5.i0; fat lambs. $16.25; top
natives $12.50; western, early, $13.35: beat,
held higher; feeding lambs, draggy.
East St. Louis Live Stock, j
East St.Lout.. lit. Sept. 12. Cattle
Receipts. 7.000: steers 25c lower: top steers
$15.60; bulk. $9.6018.00; yearling steeers
and heifers, steady to S5c lower: canner
cows steady at 3.754.2. Bulls and
calves, steady; good and cholc vealers,
$16.50; feeder steers, easier; bulk, $t.50
10Hgs Receipts. 7.500:" 25 50c lower
thsn yesterdays high; top. $17.80; bulk
light and medium. $17.36X7.60 bulk
heavy. $16.25&1T'00.
Sheep and Lambs Receipts, 8,500; 50o
lower; top lambs. $13.00: bulk. $11,004
11.75; top ewes, $5.60; bulk, $5.00 6.50.
Slonx City Live Stock.
SlouriClty. la.. Sept. 22. Cattle Re
ceipts, 4,000 head; inarkot steady to weak;
ted steers and yearlings, $10.50917.60; fat
sows and, heifers, $9.00612.50; grass
trers. $7.00012.00: atockers and feeders,
6.00(j9.Q0i calves. $6.0013.OO; grass
cows, I5.76IJ9.26; feeding." $4.007.00.
Hogs Receipts. 6,500 head; market SS
50c lower; light. $16.35916.66; mixed,
$15. 75816.26: bulk of rales. $15.76916.60.
Sheep and Lambs Receipts, 600 head;
market steady.
I ' '"
St. Joseph LIt Stock.
St. Joseph, Mo., Sept 22. Cattle Re--ctipts,
4,500 head; market slow, steady to
35c lower: steers, $8.50014.60: cows and
heifers, $4.0615.6;' ralres. $7.00iff 16.50;
atockers and feeders. $6.50611.26,
HogsReceipts. 6.000 head; market. 25
950e lower; top, $17. 25; bulk, $16.27
17.16.-
Sheep and Lambs Receipts, 4,800 head;
market ateady to weak; , lambs, . $12,030
13.60; , $5.0e 26. v
rKuth..
$j.sea j.
IJaaerer OU.?
Mints ;- sicptt -
n-ce.
36
65
88
Mldvale SI. & Ord 40
Pressed 81. Car Co. 95
Rep. Inn SI. Co. 81 80
Ry. Steel Sprlne. .. 95 95
8IOSS-S. Stl. & Iron 69 69
United State Steel 89 89
COPPERS.
Anncon. Cop. Mln.. 54 64
Am. S. & Rfg. Co.. 62 62
H ft Sri Mln. Co,
Chile fTnper Co. .
ChinO Cooper Co.
InRp. Cons. Cop.
Kenn. Cop
Miami Cop. Co. .
Nev. C. C. Co. ..
Ray C. Con. Co. .
Utah C. Co
14
28
47
25
Am. B
a.;g.w.i.s.s.
14
28
48
46
1?
16
64
INDUSTRIALS.
Suit. Co. .. 80 79
.151 149
20 I
12 f
15
64 ,
66
39
96
80
95
69
39
64
62
'ii
28
47
25
20
i 12
15
64
76
130
"37
68
0
92
95
90
64
63
20
14
48
25
12
15
64
Am. Int. Corp. ...
Am. S. T. Co. ...
Am. Cotton Oil Co.
Am. Tel. & Tel..
Am, Zinc. ltd. ft S.
Beth. Motor...,..
Amcr. Can Cof . . .
Chandler Mot. Car.
Central LttT.
79 ..
150 160
7 77
89
24
6
13
$0'
98
76 76
89 89
35 34
8 98
IS 13
6 5 6 5
35 35 I 36 36
82 80 81 82
Co... 47 46 46 47
r-nh. Cane Bn. Co. 88 37 38 89
Cal. Petrol. Corjf. 29 29, 39 28
Corn Pro. Rfg. Co. 87 86 87 7
V. Knim & Rt 1 61
Flsk Buhner Co... !5 ?4 ?4 26
Ben. Klectrle Co.. .143 143 143 143
(last. Wms. & Wttf. 8 8, 8 8
:ni4
52
12
68
85
19
81
46
69
rye): 1 car. $2.22
(heating musty)
No. 1 durum:
sacked).
No. 3 durum: 1 car, 32.30 (heavy).
No. 1 spring: 1 car, $2.60 (dark north
ern); 2 cars, $2.49 (dark northern); 1 car.
12.48 (dark nortnerni: i car, iz.46 tnortn-
ern.) .
No. 5 spring: 2 cars, 12.2s (dark north
ern): 1 car, $2.26 (northern).
Sample spring: l car, $2.26 (northern):
1 car. $2.10.
No. 1 mixed: 1 car, $2.40: 1 car. $2.33.
No. 2 mixed: t car, $2.32 (smutty); 1
car. $2.30 (smutty); 1 4-5 cars, $2.30
(durum).
No. 4 mixed: 3 car, $2.3$.
CO&N.
No. 3 white: 1 car, tl.14; 2-6 car, $1.13.
No. 6 white: 1 car. $1.11.
No. 2 yellow: 3 car, $1.14.
No. yellow: I car. 11.10.
j ' OATS.
No. 2 white: 3 cars. 67c.
No. 3 white: 3 cars. 67c
(shippers' weights): 1 car. 66 c,
No. 4 white: 13-6 car. 67c; 1 car, 66o
(special billing). ,
RTE.
No. 8: 2 cars. 81.74.
No. 4: 1 car, $1.74.
BARLEY.
Rejected: I car, 80c.
OMAHA RECEIPTS AND SHIPMENTS.
Receipts Today. Wk. A so. Tr. Ago.
wneat 38
Corn 1
Oats 10
Rye
Barley I
Shipments
Wheat
Corn . . . v . .
Of.ts
Rye
Barley ....
CHICAGO CAR LOT RECEIPTS.
Tear Con
Today Ago
Wheat i 40 408
Corn ..300 102
Oat 83 91
KANSAS CITT RECEIPTS,
j Week
Today Ago
228 325
9 17
36
ST. LOUIS RECEIPTS.
Week
Today Ago
115 147
82 28
38 63
NORTHWESTERN RECEIPTS OF
WHEAT.
Week Tear
' Today Ago Ago
Minneapolis i...624 322 634
Duluth 431 460 7S3
Total '. :...$5$ - 773
Winnipeg 781 341
FRIMART RECEIPTS AND SHIPMENTS.
Receipts Today Year Ahto
Wheat 1.722,000 3,125.111,0
Corn 1,078,000 756,000
Oats 1,067,000 796,000
Shipments
Wheat 1,053.000
Corn 20$,OOO
Oats 361,000
EXPORT CLEARANCES.
Today Year Ago
Wheat 1,377.000 20S
t OMAHA GRAIN INSPECTION.
The number of oars of grain of the se.
eral grades Inspected "in" here during the
last 24 hours follows:
Wheat No. 1 hard, 12 cars; No. 8 hard,
14 cars; No. 3 hard. 16 cars; No. 4 hard,
11 cars; No. 6 hard. 7 cars; sample hard,
6 oars; No, I mixed, 1 car; No. 2 mixed
3 cars; No. 1 spring, 8 cars: No. 3 spring.
1 car; No. 6 spring. 1 car; sample spring,
t cars; No. 3 durum, 1 rsr. Total, 82 cars.
Corn No. t white, 1 car; No. 2 whit.
1 car? No. 8 white, 2 cars; No. 1 vellow,
2 cars; No. 2 yellow, 6 cars; No, 3 yellow,
i cars; No. 1 mixed. 1 car; No. 2 mixed
3 cars; No. 3 mi;d. 1 car. Total, 21
cars.
Oats No. I white. 2 cars; No. 3 white,
7 cars; No. 4 white, 3 cars; sample white,
I car. Total, 13 cars.
Rye No. 3, cars; No. 3, 2 ears. Total,
II cars. ,
New York Cotton.
New York, Sept. 22. October cotton
showed the greatest weakness, declining
to 27.30c, or 144) points under last night,
followed by declines of about 93 to 110
points tn later months. Covering orders
near the close rallied the market 33 to 66)
points from lowest, but final prices were
still 40 to ;95 points net lower.
St. Louis Grain.
St. Louis, Mn, Sept. 22. Wheat Tie.
cember, 82.37 bid; March. $2.30 bid.
com iiecemoer.t ii.oe; May.
pin.
Oats December, 59 c bid.
Bonds and Notes
Bonds ami not quotations
Pi ter Trust Co,
Stocks ' BUI.
Am. T. & T. 6s, 1524.. 92
Am. T. & T. s, 1925.. 96
Am. Tob. Co. 7s, 1922.. a9
Am. Tob. Co. 7s. 1923.. 99
Anaconda Cop.f6s, 192$ 90
French Kx. , 11946. ... 101
Armour conv. . e-s j
furnished by
CHICAGO CLOSING PRICES.
H y Updike Oral nCo. , Dn u2 6i7, Sept. 22.
Art. Open. I Htk'h. I Low.
Whl.
Dec.
Mch.
Kye
Sep.
Dec.
2.SS
8.26.
1 DO
I 1 70
96
91
97
96T
80
97
Armour 7s. 1930 .
Btlgtan Gov. 6s, 1926.
Belgian Oov. 7. 1945
Beth, Steel 7s, 1922...
Bell). Steel 7s. 1923...
British 6s. 1929
British 6s, 1921 ....
n n A a. 4s. 1921 . . .
Can. Gov. 6s, 1921... 98
Can. Oov. 5s, 192 J 90
C C. C.&St. L. 6i, 1929 86
Cud. Pack. Co. 7s. 1923. 97
Goodrich 7s. 1925 92
Jap. Gov. 1st 4s, 1925 75
Jap. Gov. 4s, 1931 58
Liggett Myers 6s, 1921. 97
Proct. A Gam. 7a, 1922 99
Proct. & Gam. 7s, 1923 99
Swift Co. 6s, 1921 98
Swiss Oov. 8s, 1940 ..:,102
Union Pacific 6s, 1928.. 97
Wilson i,'onv. 6a, 1928.. 82
93
96
99
99
92
102
96
. 96
93
97
98
9?
S
98
96
98
90
86
98
92
76
59
98
too
100
99
1024
98
,83
Approx,
Yield.
8.10
7.20
7.25
7,60
7.30
8 00
7.35
7.50
, 8.00
7.76
7.10
8.00
7. SO
7.80
8.00
7.2"
6.93
8.13
7.75
9.05
10;85
10.25
7.60
7.00
7.00
7. S
7.7.i
6. SO
- J
' Spot Cotton.
New York, Sept. 22. Spot ootton, quiet;
middling. S0.60C. - .
u-iS oia.
y. $1.05 14
.79
.1
102
45
13
13
3
86
24
32
6
1
Wheat
Corn
Oats .
Wheat
Corn ,
Oats .
68
19
1
109
81
13
tract
48
306
7
Year
Ago
283
2
S
Year
Ago
! 18
"'307
1200
additional s
Saf ety Deposit
Boxes Ready
We are again prepared
to supply your wants in
safety deposit boxes.
We advise though, that i
you waste no time in
. making your selection
the demand is un-
usually heavyv
United States
National Bank
The Bank of PERSONAL -Attention.
1 N. W. Corner Sixteenth
and Farnam
BANK STATEMENT.
Reserve District No. 10.
Charter No. 2776.
REPORT OF CONDITION OF THE
MERCHANTS NATIONAL BANK
AT OMAHA. IN THE STATE OF NEBRASKA, AT THE CLOSE
OF BUSINESS ON SEPTEMBER 8, 1920.
RESOURCES i
".(12.S07.717.66
2,36,618.$4
Oeners I Mntors.Co
Goodrich Co
Am. H. ft L. Co..
Has'tell ft Brkr. .
C S. Ind. Alcohol
Internnt. Nickel .
Internat. Paper .
Ajnx Rubber Co. .
Kellv-Snrlnard T.
Keystone T. & K. .,15:.
Internat. Mer. Marl 23
Vaxwell Motor . 8
Mexican Pet 194
Middle States Oil. 16
Pure OU 39
20
51
u
67
84
19
79
46 '
67
153
23
7
20
52
12
68
85
19
' 80
46
67
155
23
7
20
62
12
68
85
19
81
46
70
160
24
8
190 190 194
Willys-Over. Co.
Pierce 4)11 Corp.
Pan-Am. P. ft T.
Pterce-Arrow M..
Roynl Dutch Co.
V. S. Rubber Co.
Am. Sugar R. Co.
Sin. Oil ft Rfg. ...
Sears-Roe. Co, . .
Strom, Carb. Co
14
. 15
. 94
. 37
. i84
. 85
111
. ' 35
.138 .138
72 71
16
39
12
15
92
36
86
84
16
39
13
15
92
36
86
85
Stude. Corp. ...... 62
Tob. Prod. Co i
Trans-Con. Oil .... 13
Texas Co 52
U.S.Food Pr. Corp. 69
U.S.Sra.. Rfr Mln. 67
White Motor Co. . 46
West. El. ft Mfg. ..47 47
Amer. Woolen Co. 80 78
Total Sales. 721,300.
Money
Marks J...
109 111
33 S4
138
71
61
69
13
' 51
59
87
4
4T
80
1
68
12
51
68
67
45
16
S9
14
13
91
36
85
85
110
34
137
72
63
68
13
52
60
T
.4)154
46
48
81
7
.0163
. ... 3.49 3.55
Sterling
Minneapolis Grain.
' "Minneapolis, Sept. 21. Flour S5c to
75c lower; In carload pits, family patents
tedsy were quoted at 312.45 -to $12.75 a
barret In 98-pound cotton sacks.
Bran $S 6O4l).0. - '
Corn $1.131.15. '
o: 4-66C.
Tlrley 73 93c. . ,
Ryer-No. 2. 31.95W1.96. .
Flax No. 1. ?3.tJf-:.3. "
f jondon Monev.
- LndMI,. CepL .33 Bar Silver 0d per
ounc. .)if- -
Money and Discount Unchsngrd
Loans and discounts, including rediscounts
Notes and bills rediscounted
Overdraft unsecured '
Customers' liability account of acceptances executed
by this bank and now (outstanding
United Statea Government Securities owned:
' U. S, Bonds to secure circulation
U. 9. Bonds to secure U. S. deposit
Government securities pledged as collateral for bills
payable
Government securities owned and unpledged
War Savings Certificates and Thrift Stamp owned. .
Total U. S. Government securities , ..
Other bonds, securities, stc:
Bonds pledged to secure Postal Savings deposits..
Securities other than U. S. Bonds owned and un
pledged , ,
' Total bonds, securities, etc., other than U. S...'
Stock of Federal Reserve Bank
Value of banking house owned and unencumbered. . . .
Lawful Reserve with Federal Reserve Bank
Items-with Federal Reserve Bank in, process' of col
lection ..
Cash in vault and net amounts due from National Banks
Net amounts due from banks, bankers and trvs com
panies Exchanges for clearing house
Checks on other banks in this city
Checks on outside banks and other cash items.,,,,.
Redemption Fund with U. 8. Treasurer
TOTAL .
Capital stock paid in . . ,
Surplus : . J
Undivided profits
Less current expenses.
60.000.00
12,000.00
887.000.00
90.S60.00
SSS.S7
37,000.00
i 63.225.82
598,418.98
S13.066.82
1,346,468.20
1,725,704.98
382,809.04
17,962.89
216,178.20
2,600.00
9,941.198.62
17.68S.16
160,000.00
-
40,118.37
100,226.82
45,000.00
100,000.00
4,902,604.11
LIABILITIES
interest and taxes paid.
I
Unearned discount L
Circulating notes outstanding ,
Due to. National Banks...
Due to banks, bankers and trust companies
Certified checks outstanding. ... .x.
Cashier's checks outstanding
Individual deposits subject to check
Certificates of deposit due in less than 80 days
Dividends unpaid -
Tim certificates of deposit payable gjttter SO days..
Festal Savings deposit
Bills payable with Federal Reserve Bank.......
Acceptances executed by this bank for customers . . . , .
421.106.73
14,367. ?2
1,684,604.40
1,690.612.84
280,407.72
207,606.08
8,762,489.80
76,000,00
374.00
, 826,874.87
28,066.89
.116.796.682.07
i 1.000,000.00
600,000.00
406,739.41
126.108.66
60,000.00
. J .
12.894.834.10
669,000.00
160,000.00
.816.796,682.07
$ 2,266,618.94
100.000.00
S 2,366.618. S4
TOTAL .'. j.
Liabilities for rediscounts with Federal Reserve Bank
Liabilities for rediscount other than with Federal Re
' serve Bank- ... '
Total contingent liabilities
Of the total loan and discounts shown abort, the amount on which interest and
discount was charged at rates in excess of those permitted by law, (Sec. 5197 Rev.
Stat.) (Exclusive of notes npon which total charge Bet to exceed 60 cents was made)
was 8 None; thy number of such loan was None .
STATE OF NEBRASKA, COUNTY OF DOUGLAS, is:
I, S. S. Kent, Cashier of the above named bank, do solemnly swear ' that the
above statement is true to the best of my knowledge 'and belief.
S, S. KENT, Cashier.
j Correct Attest: '
w , LUTHER DRAKE,
FRED P. HAMILTON. - .
rs. saM nnr.rna ni..in..
I -Subscribed asworn to before me thaa' ioth day of September, 1920.'. ' '.
; fSEAL 7" CHARLES M. FIX A, Notary Public ,
The bonds and,
short term se
curities on our
current' list
offer attractive
returns at pres
ent prices.
'
Ask for circular OB-336.
TlieNationalQt
Company
Offices in over 60 Cities
Omaha First National Bk. Bloi
Telephone Douglas S31S
m-.
A Rate That
Can Be Paid
The rate of interest on the
First Mortgage Bonds owned
and recommended by Home
Builders is standard. It has
weathered all conditions in the
past and will do so in the
future.
Hign rates based upon pres
ent money values will be hard
to meet when conditions return 1
to normal.
The integrity of an obliga
tion is contingent upon the
ability of the promisor to meet
the terms under any circum
stances which may arise dur
'ng the term of the obligation.
Invest
.' head.
with a long look
American Security Co.
Dodge, at 18th Omaha
Cv A. Rohrbough, Pres.
C. C. Snimer, Sec.
r isen r.F.vrs roir
firl DIVIDENDS fic
V J PAYABLE QUARTERLY V
THRIFT leads to happiness; it is the 'key to
success; means prosperous old age and it
surely leads to the Building and Loan Associa
tion. , 1 '
Be thrifty. There is . nothing better than to
open an account in the Occidental Building &
Loan Association, where you will receive 6
dividends, compounded quarterly, or payable
in cash," if you prefer.
UlLDING&Loafl
ASSOCIATION
CORNER I8-&HARNLY ,
Assets
Reserve Fund.
. .$9,000,000.00
. ...$360,000.00
Established 1889
John F. Flack President George C. Flack, Treasurer
R. A. McEachron. Vice Pre3. E. N. Dovell. Secretary
John T. Brownlee, Ass't Sec. Robert Dempster, Director
Established
1866
Ever Get
Tangled Up
In trying to pay your
Lill- i4.L .
uius WHiiuui
ing Accountf
a Check-
The easy way to pay
bills,, especially by mail,
is to use a check book.
Indorsed checks are re
turned to you after be
ing paid and are legal
receipts. Then, too, you
have an accurate record
of your income and out
go. 1
''Start a Checking Ac
count at the Ojnaha Na
tional, and enjoy the
safety and convenience
of a check book !
The Omaha
National Bank
Eara4TtSevonteeiitli
Capital and Surplus
v $2,000,000
("urn. I
Sep. ) 1 ;t
Dee. l.4
May
Oat.
Sep.
Dee.
May
,)'orlt-
'Sep.
Oct.
Uird
Sep,
Oct.
Ribs,.
Sep,
Oct.
.384
.5
.43
121.75
19.60
19.86
16. 63
17.07
I 3T
X.3D,
MI
l.I
1.S7
1.06
1061.
.60
.63
24.75
20.35
S0.25
17.10
17.10
1. 18
i.ii
l.M
1.22 V
1.113 S
1.04K
.UBS
.6IH4
.3
4.55
10.60
10.70
Closa. Te'y.
136M, 1 II V4
8.30 3.36 S
3.09 l.0
1.76b 1.104,
J.86H LIS
l.OHi, 1.06
1.06 1.05 V
.66 .661,
-..60 .59
',.63 .63 Vt
I ;' 25.00
1:4.76 25.00
19 95 19.95
19.93 19.37
JS.fiJ
16.90
17.10
117.10
117.30
!17.30
. Xew York Genera). ,
Neit York, Sept. 33. Wheat Spilt firm!
No, 2. red anil No. 3 hard, 12.62 spot c. I. f.
track. New York and No. 3 nilxed durum,
32. 6S fc. I f. to arrive. '
Corn Spot, strong: No. J yellow, 31.64
t 1. f. New York 10-day shipment.
"Oats Hpot. steady; No. 1 white, 73c..
! 'Other Articles Unchanged.
Local Stocks and Bonds I
Quotations fcralshid by Burn, Drinker
4k Company.
Old.
36
34
33
Stocks
Alfalfa llutter Co. -pfd
liurg-eas-Xash pfd.. I psr
cent, 1933-1348
Bradley, Mnrrtman A Smith.
Eldredge-Reynold Co.. 7 per
cent pfd.
Fairmont Creamery pfd
Oooch Food l'rod, pfd ...
Harding Cream T per ct. pfd. ...
On, C. H. St. Ry. Com... ...
x)axton 4) Gallagher Co. 7 psr '
cent pfd 83V
KM. U. raters Mill T per cent
pfd.. 1136 86
M. K. Smith Bid. Co. 7 per
cent pfd. . .-. 37
M. B. SmlCt Pry Ooods t per
cent pfil
Thompson- Belden & Co. 7 per
cent pfd 33
Union Stock Yards. Omaha .. 82
Bonds
Argentine Oav. Ext 4s ; . . '
Aimour & Co. 7s. 1330 - 361
A sk
70
9
9
0
loovi
18
100 Vs
8Vs
100
101
101
37
7.0C
96 V
New York Dried rrolt.
New York. Sept. 38. KvsporatetJ Apple
Dull.
Prunes Finn. "
Apricots and Peaches Steady, v.
Italsli.s Unsettled.
w
We Never Shut
Down
, ' .... '
Livp stock keeps coming to market
and we have to keep buying it and
putting it through our plants whether
conditions are good; or poor.
Swift & Company has no control
over the quantity of live stock shipped
to market Live-stock producers ship
their animals to the big stock-yards
markets, wherethey are sold through
commission men who represent the
shippers. ..
The result is that the. live-stock
supply fluctuates from week to week.
We have to buy the anirnals, how
ever many or few there Tire; ana tney
have to be handled without delay.
. We cannot hold dressed beef, lamb,
mutton, veal, fresh pork, or any other
fresh perishable meats, but have to
sell them at the prevailing market
prices within a few days. If we .try
to sell at half a cent under the
prevailing prices, retailers would
naturally buy from us as long as our
supply lasted, and that supply would
be used: up very quickly. On the
other hand,-if we try to sell for half
a cent higher than the market prices,
the retailers, who shop around, would
buy from our competitors and we
would have our fresh meat left on
our hands. We have to sell our
products every day at prevailing
market prices whatever those prices
may be. . 1 y
Half a cent up or down in the
wholesale price means the difference
between profit and loss to us.
Swift & Company, U. 43. A.
OmahaLccalBranch,13th& Leavenworth St
1 A. W. Gross, Menager
i
r
HiPOBECE SERVDCE
We Specialize in the Careful Handling of Orders for
Grain and Provisions
v.- FOR
FUTURE DELIVERY
All Important IViarkets
i
-WE ARE MEMBERS OF-
Chicago Board of Trad ' St. Louis Merchants Exchanf
Milwaukee Chamber of Commerce KansW City Board of Trad
Minneapolis Chamber of Commerce Sioux City Board of Trad
Omaha Grain Exchanf
K, nVb.
WE OPERATE OFFICES AT
OMAHA. NEB. CHICAGO. ILL. GENEVA.
LINCOLN, NEB. SIOUX CITY. IA. DES MOINES. 1A.
HASTINGS. NEB. , HOLDRECE. NEB. MILWAUKEE. WIS
HAMBURG, IA.
All of the office are connected with each other by prtvat wires.
We are operating large up-to-date terminal .elevators fn the
Omaha and Milwaukee markets and are in position to handle
your shipments in the best possible manner L e., Cleaning,'
t Transferring, Storing, etc.
It will pay you to get in touch with one of our office '
when wanting to BUY or SELL any kind of grain.
WE SOLICIT YOUR
Consignments of All Kinds of Grain
to OMAHA, CHICAGO. MILWAUKEE. KANSAS CITY and SIOUX CITY
Every Car Receives Careful Personal Attention
The Updike Grain Company
THE RELIABLE CONSIGNMENT HOUSE
! i
It
i ). s
i
1
- 'v
. Lf .
