THE BEE: OMAHA, THURSDAY, SEPTEMBER 30, 1920
J-
xl
(
V
'Market, Financial and .Industrial' News of the Day
p.
-Live Stock
....... . Omaha, Sept. 'it.
Rse pts Were Cdtli. fHoKn Bheep
m l"ly ;.. ! 1.435 i l.tu SJ.67.
Official Tuesday ...18.163 4,.i ,!
Hire day this wk 47.0 -11.170 104,77
as ma nays last wk 41,99a 10.052 s 3;i
N'in days i wm ago 4i,0 12,67 95,88(1
Sun daya 1 wk ago 27.091 14,749 M,78k
n daya year ago 41,841 U.OSS 9,tjol
Receipts ar.d disposition of live Mock at
tna union stork yards, Omuha, Neb., for
. noura ending at 3 o cluck, p. m., Bep
tcmber IS, 1920:
i RECEIPTS CAH9.
Horn
Jtrwl
I'atOo.Hors.Sheep. Mules.
Financial
r.. m. a st. r
Wabash
Mlsaourl TaclfU . . .
Union I'aclflc 07
( N. V., east. . .1
'. N. W., wnl .123
t", St. P., XI. iKP 3
t, H. A Q . eal 6
.'., H. U . weal. 147
t'., K. I. & P.. cat 2
l' R. I. & P., west . .
Illinois Central... t
I'hi. lit. Weal ,
Tolal receipt. .SS8
H
1
i r
5
n
l,
4
, '
t'l
i
Morris & Co. 81
Swift 4 Co t.Ut
t'utlahy Pkg. Co 1.778
Armour & Co., 1,303
W, Murphy
Lincoln Pkg. Co...... 43
So. Omaha Pkg. Co..- 3
lllgKlns Pkg. Co rr.
.Inhn Koth Sos,.', . 2 ,
.Maycrowlch & Vail... IS
(tlaasheTg ...,. 43
P. O'Dea IT.
Wilson A Co 27
V. U Van Sant A Co. 4
Ronton, Van bant A Co. S S
F. P. Lewis jnfl
Huntzlngcr A Oliver.. 3
J. R itnot A Co.....
,T. H.' Bulla 4v. . 207
It. jr. Burma A Co... 71
?tosenstork Broa 9
O. Helloes- U'.
erthelmer A Degen. 627
Kills A Co
Sullivan Urns..
-.V Rothschild..,.,...
Mo. -Kan. '.'. A C. Co.
K. O Christl ...i...
Nmlley -.......
lijrwxr Bros. . . . v) ...
i Harvey
nsen l.unngron.,
nnls & Francis
heeK & Krebs
maha Pkg. Co
JiTVlest Pkg. Co.,..,
ORdrn
Other buyer ..,....'
ISO
6iM
81 .
2M
no
so
?. '
5
135
S2
t 20 '
3.445
' 74 'j
o
4 4
57 "i
r . ..
- l(l ' 15
:ai;..
Hogs. SliC'p.
788' 650
1.271 3.895
1,783 4,380
1.2(11 :,)ii
1.258 ....
. ....
:::: E
a ' a t
'
a 1
A
i ' a ,
' " ,
. . t '
4a:
,
1-
166
18,560
Total
. 15.30C 6,498 29,803
imtm DA..inr. nf titt rfnntlnua vary
Iberal, Ireah arrlvala of ,500 head today
bringing tha wefTt'i total ip to 47.000 neaa
llbe
nh. ,nrlnt was If anything even siowor
' than on Tueadiy. nobody seemed to want
cattta and opening Piaa on siocKera
Jacdari were as mucn as uuo mwer
lCcUeri were al6 talking decline on beef
steers and butcher storK. rirai san-a i
vj were about steady but very little
been done and prospects were iiiax
I the bulk would sell lower. i;orn ieo
tteera aold about steady but westerns
ci enca lower.
WESTKRN CATTLE.
v .NBBRAPh'A.
Av. Pr. No. av. it.
264 10 -0 -13 civs ,Sii . 3
IDAHO.
No.
28 civs
17.fdrs tii , 8 25
16tM 1013-
4h I fr tiO
983
731
r.'oo
J1 0)
.' Pr:
14 r.o
WYOMING.
( 00 14 strs
7 SIS 17 hfrs
BEEF STEERS.
No. ' Av. Pr. No., A v.
"0 . 1257 IS 25 40 1160
Quotations on cattle: cnoico to prime
t-ceves I16.SOC17.50; good to choice beeves
S15.C016.5O; fair to ooA beeves $13.60
15.00; common tfalr beeves 00 fi 1 3.B" :
choice to prime yearling 816.0fl4J17.25:
good t oholce yearlings 815.0016.00; fair
" t.i good yearlings 8U.004il5.OO; common
to fair yearlings I1P.0013.00; choice to
prime grass beeves II 2.0o14.60; good to
choice grass beeves 89.25(f 11.50; fair to
good grass beeves $7.504j90t; common t
fair grapa beeves Jii.OUtfc'J.'SO; Mexicans
I6.608.25; choice to prime grass cows
$7.351J'8.00; good to choice grass cows
$6.007.25; fair to good grass cows 15.2b
f6.00: common to fair grass cows 83.75
0.S6; choice to prime feeders VO.5O11.60;
r pued to cho feeders .00t.M -me-dlum
to goodf feeders 87.6QC8.75: common
to fair feedeta 8.007.60; good to choice
Setters 88.75&10.00; fair to good siocKers
?7.00i8.60; common to fair stoclsera 5.otf
ti)6.76: stock heifers 85.75I&IT.2S: atocr
cows $5.0O6.25; stock calves 86 009.50;
cal calves 8.0012.00; bulls, stags, etc.,
85. 00011.00 . A .
Hogs-i-Arrlvarf hogs for today s trade
r mounted to 4.000 head and prices suf
fered another ajharp decline, ruling about
5o lower than yesterday's average trade.
. The market waa more or '.ess uneven and
. declines were quoted from 40c on up to
COc. Rough heavy packing hogs had to
aril under 815.00 and bulk of the receipt
changed bands at $16.0015.60. Best
. light hogs went to shippers at 116.00, the
Cay's top. . . 1
, No, Av. Sh. Pr. ' No. Av
. . 59. .411 ... It 60 . .it i
47..8H9
49. .811
14. .276
2C..256
72. .245
(J. .223
40 14 90
110 15 10
140 15 20
70 15 JS
110 15,69
41. .323
63. .273.
34.. 303
i 37. .245
68.. 197
SO.. 192
Sh. Pr.'
110 .'14 75
110
180
80
15 00
15 15
15 25
15 45
15 76
16 00
Shnen find Lambs ReceiDts of sheep an 1
lambs amounted to 2J.U0O head and trade
- Was slow In getting started. Generally
steady prices were paid for fat sheep and
Vlumba with best killing lambs bringing
S13.001J.25. . Fat ewes are quotable up
: ts 86.00. The feeder market larked life,
but good light feeders met with a' fair
demand and sold on a steady basis, others
weak to lower.
tjuotatloni on sheep and Iambs: Killer,
best fat western lambs, 812.7513.75l me
dium to good 1a,mbsv'46l2.60; plain
and coarse lambs. 8U 602.00: choice
handy ytarllngs. '. 8.7689.00:thsavy year
lings, 8S.86W8.oo- agea wcHierst
mod tn cltnica ewe. 16X59)6.00:
fair to good twei, $5.20 5.25 i cull and
canner ewes. 81iOO3.oO.
Feeders Best -flight lambs.' 112.26(9
12.50; fair to good lambs, tll.75(!12.25;
inferior grades. $10.0011.50; yearling
aethers. $8.50e9.60; yearling ewes, breed
ers. Is 50t 9.50:. irnod to .jjhoice yoong
ewes, 70(i9.00j: cne-year breeders,-$5.60 L
W6.I0: goo to eholce feeder ewes. $4.75 f
5.25; 'fair to Mod feeders, $4.264.75;
abeHjr feeders, f8.504,00. ',
' rrhltago live Stock. . 'S ';' .
Chicago. Sept. 29. Cattle Receipts. 11.-
000 head; choice aceers, steady to strong;
bost yearlings, strong to higher: new top
on yearlings. $18.85: weighty steers. $18.25;
3ulk choice, $17.0C W18.00; medium and
Tlrlr gmKt steers.; iz.60gi js.su, very aun
and uneven; common kinds draggy. JS.60(i
11.60: choice veals, $17.00ilT776; few tops.
$18.00: grassy calves, 8S.50W11.60, strong-
. er: canners steady. $4.00 iff 4. 60-, etcher
cows, very slow, mostly $6.00Jy9.25; best
feeders, weak to ahade lower: other feed-
era and stockors, .seml-demoralIzd; west
erns, dull and lover:'-quallty romman.
' HogsReceipts,. J i.000 hcadk "opeped 60o
lower than yesterday's .average; closing
I .. en.jaft A ft Inn.AP 1 1 1. K f - Anr1fmlntr
most; closing fulrly active, at today's low
est prices; early top, $16.80: bulk light
and butchers, $15.i616.69; bulk sacking
bows, $11.60(914.901 pigs, 5075c lower;
bulk desirable kind. $14.26 15.00.
Sheep and Lambs Receipts. " 25,00)
' tiead: best fat lambs, steady; others and
Boeder lambs, slow to 25c lowers, top
westerns, $14.00; trp natives, $13.35: bulk
natives. $12.00t? 12.75: top feeders. $13.25;
'ewes, steady; top westerns. $6.00; year
lings and wethers, strong to higher; Mon
tana yearling, $10.25; 3-year-old weth
ers, $3.-28. . . -. j ' , -
St, Joseph I.ve'ftock. I
St. Joseph, M., Sept. ' 29. Cittle Re
ceipts. 2,000 head; market steady; steers,
$8.5017.50; cows "and heifers, $4.00(81
15.50; carves, $6.5415.S0; stockers and
.feeder. $.2611.25. -
Hoga Receipts, 7,000 head; 'opening 40
to 50 cents lower; top, $16.i5r bulk $15.25
18.S5.
Sheep and Lambs Receipts. 1.000, head:
market steady to 25 cents higher; lambs,
. $12.00(326; awes, $6.0006.00.
I New York Cotton.
n Kt Tnrk. Sent. 29. The cotton mar-
kst opened easier at a decline of J tff
,60 points, reflecting weak failles' and ac
I live selling by Liverpool. ' Pressure from
ivondon sources also was ratner neavy
caue of favorable weather .reports from,
i the belt and Indications for another twas-
I lih weekly reyort at noon. Spot houses
,w, huvMi. Ait the south sold. At the
end of tha first 16 -minutes the market
was active and heavy at a decline of 36
to 70 points, October being tne weaKest
jnorth.
The New Tork Cotton exchange has re
ceived an official announcement from
Washington that the ginning and condi
tion renorta will be Issued on October 4,
instead of October t, aa first announced.
ainnlna fin urea will appear at 11
''clock and tha condition report at 13
Mock, New York time.
The early decline was followed by ral-
!. of 15. to 30 points on predictions of
frost for northern parts of Arkansas, Okla
homa and west Texas. This bulge was
hacked by the bearish weekly weather
lhan recently and prices held fairly steady
around midday.
In tha afternoon prices Improved on
covering. October was relatively easy,
. holding around 25 points net lower, while
December .nd January were 45 ts (0
.points no higher.
Chirac Trllmne-Omaha) Be laacd Wire.
1 New York, Sept. 29. The process
of lowering market appraisals of
Shocks in accordance with nrice
movements in industry went further
today, the steel and petroleum stocks
tomniK in lor.orcater pressure than
before. In a way, the selling of
uiese issues, which brought declines
of 1 to. 3 points, was the cumulative
effect of the general expansion of
liquidation an,rl short sales in recent
deliveries, but the steel group, at
least, was directed by pointed com-
nifiit on trade developments, as re
vealed in the weekly surveys of
steel and iron conditions.
It was not surprising to find that
the reductions ot automobile prices
had tenned to lessen new contracts
for steel. But is seems as though
buyert, of steel other tlim motor
car makers have also exercised cau
tion in placing forward orders, and
information comes from one or two
large consumers of steel that the
prices of "independent" producers
are being lowered b reason of the
tendency of buying to go to the
largest unit of, the industry whose
jfiotations, lutve not risen since
March of last year. The railroads
have made such progress in break
ing up congestion at steel plants
that stocks of goods which buyers
wanted the worst way. two months"
ago and could not get, have ac
tumulated in jobbers' warehouses
and manufacturers' . yards and are
moving out with less dispatch than
early in the summer. BiHets, plates
and sheets, the Iron Age says, have
all yielded in price during the last
week and there has been a. sub
stantial movement dowmtard of ihk
irno Quotations. ' . ,
nteei i-rices follow.
In some other years of business re
action steel prices have pointed the -way.
but on the present occasion it is possible
that they hsvo .followed lpstead of e9,
because the demand was stt-adtly persist
ant long after the public had called a halt
on indiscriminate purchases of textiles and
other goods. Also, the railroad -conges
tion of April to July was out of balance
with normal market processes and post
poned the day when economic inrluences
at work elsewhere could show -themselves
definitely, One or- two motor companies
Joined the procession of price cuts today,
but broadly there was teis publicity to the
tendency of markets than In preceding
days of the week,- outside or tne, stoel
trade. Cotton rallied well, but the grain
markets led off materially hlsher In price
than the day before
A rise of call omney to S per cnt. the
highest rate during the conventional loan
ing period in three weeks, drew attention
to probable efforts of Interior banks to
strengthen their position. The withdrawal
of deposits by these Institutions were re
ported, ana evidently caused some callintr
of loans. It Is to be remembered that
several of the Teserve- banks reported
sharp declines of their cash ratio to de
posit and note liabilities, and It would not
be extraordinary If the next consolidated
statement, ss well an the local bank's re
port, disclosed the results of steps to Im
prove reserves through the gold settlement
fund and th machinery of rediscounts.
Rally Near Close. -
The advance of call money nad no ap
preciable influence upon stocks; in fact,
there was a moderate rally late in the
last hour and ratlxfiad stocks were strong
throughout the session. The steady ad
vance of these Issues had been one of the
heartening phases of the current unsettled
market for other stocks. Railroad bonds
closed higher than on Tuesday and were
marked by' sudden lnteretit and Improved
quotations In. local traction , and ' other
public utilities. -'
The gold .receipts due on the steamer
Baltic Friday" are stout $,00,000 of ther
federal reserve holdings heretofore lodged
with the Bank of England, and $7,000,000
for account of the French "government as
payrr.ent on the Anglo-French loan ma
turity next month. As th" complete ship
ment of $16,500,000 or slightly more than
this amount Is coming from London tho
supposition Is permissible that the Bsnk
of France has released more gold from its
reserve In London than had been traced
before.
Omaha Grain
New York Quotations
Range of ' prices of tho leading stoqks,
furnished by Logan A Bryan, Peters Trust
building: .
RAILS. ,
" ' - Tuen.
. ' High. Low. Close. Close.
A. . T. & S. F. . . . 854' 84 85
B. A 0 45V4 44 ' 45141 44
Canadian Pacific. .1201 119 l20Vi 120
N. V. A H. R 774 77' 76
Erie 19 '19!i 19 1J,
Ot. Northern pfdl. . 80H 79 79 . 7
Cht. Ot. West... .J2tt 12 1214 12
Illinois Central.... 90 90 90 904
M K. A T....... 1 . C4j 6 6
K. C. Southern 24.-5:4', 24Vi 24H
Missouri Pacific... -29 2U 29 2934
New Hoven 36 35 36 35,J
Northern Pacific. 84ft- 82 83 824
Chi. A N. W...... 76 .75 70 .76
Pennsylvania 42 42 42 42
Reading 3 924 3 92
( R. L A P 39 39 39V
Southern Pacific. 96 95ft 96 95S
Southern, -By.-.., .32 , 31 31 314.
Chi. m. & st. i ... "'h -"is-.
Union- Pacific.... 124 ..."las. 123 123
Waliash il Jt.Vkjili
' ' . " . ' ' ' STEBLS.
Xm.'c. & I3i" 'liUV ; 131
Allis-Chulmers. ;;.,
Am. l.oco 4 95 94 92
Utd. Alloy Steel... S8 . S8 38 38
Baldwin Loco.:.ltl9 IJi 108 108
Beth, StJel. ..W.-.'!ltf' i. ,WH
3B ,
63
S7
94
74
93
86'
Crucible Steel. ..,.19 12?.
Am. Sty Fdrs.v.,-. '36 i3t '.
Lackawanna i ... s. 6.1 1
MldvalS.,A 0.,.-..'38 3i'
Pressed Steel Car. 94 4
Rep. I. A S. ....... 76 72
B Steel Sorg 93 93
Ploss-Shef. S. & 1
V. 8. Steel 87 - 80
, 7 COPPERS.
Anaconda Cop..... 62 51
Am. S. A ..R. ...... 69 JJH
rhii Conner.'..... IthiH''
Insp,. Con., cop.
Ken. Cop..'...
Miami Cop!...
Bay Con. Cop..
TM.1i Cnn . .
'"..Imim.llHI.B
Am. Baet Sugar..-, 76 , . i. .
Am Sum. Too.. 87 , 86' 86
Anu Cot. Oil Co.
Am T. T. ' 88
V.k n Tr4ns. 12 10
45
23
19
14
01
51
69
14
45 45
28
19
14
60 -
23
19
lfV
61
63
37
T6
93
64
37
51
58
14
45
23
14
61
45
37
63
27
84
ti At h Mntnrn ..... o
Amer. Can Co. ..7 5S
Chandler M, Car . 77
Cen. Leathek C.
Cuba C. S. Co. . .
cal Pack. Corp. .
Cal P. Corp
Corn Prod. R. Co.
Nat. K. A Stamp
iruk . Rub. Co. .
Gen. Flee. Co. . .143
Vf. A IV. ..: 8
Gen. Motors .Co. ..18
Goodrich Co 49
A. H. A L. O. . . . 1 1
Hask. A Brkr. Car- 66
U. S. I. Al. Co. .82
Inter. Nickel .... 18
Inter. Papor Co. .. 74
A1ax Rub.- Co. . . . .44 '
Kelly-Spring. Tire 85
Key. Tire r Rub. .18
Inter. Merc. Mar.
afax. Motor Co.
MexKan Petro. '.
Mldle States Oil
Pure Oil
WlllysOver. Co.
Pierce OU Tlorp
Pan-A. P. A T.
Pleree-Arrow M.
Royal Dutoh Co.
t;. b... kuo. -p.
4
82
76
44
S6
4
26
82
97
.33
77
45
87
20
a
7 .
lt
1 70
86"&
23
97
12
32
' 76
44
38
63- 64
2627
82 '81
.5
21 2la
141 141 141
o
18 18
48 48
10 : 10
65 66
81
17
73
42
54
18
20
4
1 ?1
81
17
72
42
63
11
19
2
.191 183'186 18
15Hi 15 1 Ki
38 38
12 11
18 13
92 88
S4-3
88 88
18
49
10
65
81
1
74
42
55
13
19
38
11
13
89
4
86
76
1V;
13
14
91
84
87
7T
7S 751
Am. Sucar R. Co. 108 107 17 107
Elrclalr'Oil A R- $2 81 ' l?s 3
Seara-Roe. Co. ...127 127 127 12
pirrm. Carb, Co. . 6 65 66 68
Pturt. Corp 67 64 65 .66
Tob. Prod. Co.' .. 6 65 66 ' 6
Trans-Con. Oil .. 12 11 12 12
Texas Co 50 47 48 0
V. 8. F. P. Corp. 65 51 64 .85
Th. -Whit. M Co. 44 ti ' 44U. 44 44
Wilaon Co.. In. .. 60 60 t 50 t L
West. B. A Mfg. 47 .47 47 47
Am. Wool. Co. . 72 70 71 7$
Total sales, (53.(00. '
Money
Marks
Sterling
Close -..$
plOT.
J. . tl
; 3 . 50
Batter and Egg In Omaha. ,
Eggs No. 1, (43 doi.; No. 2, 4So dos.;
cracks. 40c dox. .
Butter 41c lb.
Omaha, Sept. 29.
Offerings cf -U'heat were taken
readily today at n advance of 2 to
3 cents, while corn was up the same
amount. White and mixed showed
the extreme advance, while yeKiv
was un 2 cents ' Oats werKl to I'A
Kents higher, generally IVi cents up.
Rye and barley were firm. Wheat
receipts today were lighter than the
average recently, while arrivals of
other grains were negligible.
WHEAT.
No. 1 hard: 8 cars, $2.31; 3 cars, $2.30;
1 cat, $2.30 (smutty).
No. 3 hard: 1 car, $2.30 (dark): 6 cars.
$2.30: 8 cars. $2.29; 1 car, $2.29 (dark,
sacked); 3 cars, $2.28 (smutty); 2 cars,
$2.27 (smutty). . m
No. 3 hard: 4 2-3 cars. $2.28; lr car,
$2.27, (emutty); 2 cars. $2.26 (smutty); 1
car, $2.23 (very smutty)
No. 4 hard: 2 cars, $2.25; 1 car, $2.33
(emutty).
Sample hard: 1 car, $2.18: 1 car $3.10.
No. 2 durum': 1 car, $2.24.
No. I spring: 1 car $'i5 (dark liorth-
r8amplef spring: 2 cars. $2.15 (dark
northern): 1 car, $2.10: 3. cars. $2.09
(northern).
No 2 mixed: 1 car, $2.26 (durum); 2
cars. $2.25 (durum.)
No. 8 mixed: I car. $2.24 (durum);
1 car, $2.24 (66 per cent durum).
No. 4 mixed: 1-3 car, $2.27; 1 car, $2.20
(smutty, durum). .
CORN. . .
: No. 3 white: 2 ars, $1.00. - ' '.
No. 6 white.l car. 7c. '
No. 1 yellow:-. 3-5 car, $1.03 (special
billing): 3 cars, $1.02.
No. 2 yellow: 1 car, $1.02.
No. J yellow: 1 car. $1.0".
No. 4 yellow:-2-3 car, $1.00.
No. 6 yellow: 1 car, 9o.
No. 1 mixed: 3 cars, $1.00.
- No. 2 mixed: 1 car, $1.00.
No. 6 mixed: 1 car, 88c
OATS.
No. 2 white: 1 car, 66c.
No! 3 white: l car. 65c; 2 1-3 cars.
"L BARLET.
No. -4: 1 car. 82c.
Tl.leeted: 1 oar. 78c.
W ECBIPT3 ANDToSdTyPTrKNZo
Wheat
Corn
Oats
Ryo
Barley
Shipments-
Wheat
Corn
Oats ,
Rye
Barley
CHICAGO CAR LOT RECEIPTS.
-. year Contract
Tftdtv. aan. arrade.
Wheat 4" If'
Corn 381 68 el
n , . ..: 76 61 I"
KANSAS CITY RECEIPTS.
Chicago Grain
cor.i a:
, 82
, 10
, 13
, 3
, 0
. 93
18
9
12
3
lo;
29
115
11
9
Wheat
Corn ,
Oats .
Tear
agt).
217
14
11
Week
, Today. ago
169 1 228
5 9
7 9
st T.nms TtECEIPTS. -
Vheat ....v UX. 116 1"
Corn 20 32 20
Oats ......i 34 38 3 1
PRIMARY RECEIPTS AND SHIPMENTS.
Receipts
Wheat ..)....
Corn
Outs
Shipments
wneat
Today.
.1,678,000
.1,101.000
. 742,000
Yr. Ago.
217.000
487,000
771,00(1
.1,493,000 1,419,000
367,0(10 5(Z,uuu
422.000 092,000
OMAHA CLEARANCES.
692,000 . 746,000
, 100,000
49,000- 140,000
Corn
Cats
Vheat '
Corn
Oats ..
Northwestern Miller says: Rapid and
wide fluctuations In the wheat market
he past few days Have totally unsettled
the flour trade and while buying has on
the whole been heavier than in previous
weeks, It has been verytscattered and at
v.-tdely different prices. Canadian flour
quoted with the advantage of exchange
well below domestic level has had a pro
nounced Influence. .
Wheat buying by foreign governments
Is apparently largely responsible for the
erratic quality of the wheat prices and
until wheat prices are more stable t
stems unlikely that -flour buying will be
gin en any large scale. Flour price are
60c per barrel - lower than a week ago
nrd mill feed Is down $1 or more per ton
with little demand. The flour output
remains about half of capacity whereas
this season it la normally over 90 pe'
Chicago Tribune says: New York re
ported 14,000 tons of flour sold to Ger
many. Domestic shipping sales of grain
at Chicago yesterday were 6,000 bushels
wheat; 86,000 bushels corn and 146.000
bushels oats. Boats were-loading 335,000
bushels, corn; 185.000 bushels and 90.000
bushels wheat yesterday, and all told 1,
.".00,000 bushels corn and rye will be load
ed out of Chicago during the next week.
While considerable export business was
under way in Wheat, it was done under
cover and the trade did not get the fig
ures until' late in the day when 600,000
bushels were said to have been sold In
all positions. Last week 12.000 to 14,0t'0
tons of flour were sold fora shipment to
the continent. Local sales tcf the seaboard
were 100.000 bushels part No. 2
hard for shipment by October shipment
at -32c over December, track Baltimore
and some to Buffalo.
Price Current Grain Reporter, Chicago,
says: Seldom have weather, conditions
been as perfect as they have during the
last few weeks for the rapid maturing of
ccrn. . Every influence of late has beer
favoraDle and the crop is practically made
now. A killing frost would do little or
no damage, in a' majority of sections, al
though there are still parts fff Illinois and
Iowa where corn will probably not ma
ture. V Minneapolis Journal prints - following
Mm their Washington correspondent:
That there is a possiDin:y or a scarc
ity of wheat at many milling points for
tho remainder of the season Is stated by
I lie Department of Agriculture in a dis
cussion of the wheat situation in Its Is
sue of the market reporter this week. Tho
wheat situation is in brief this, the de
partment Says: "A large part of the iiur-1,-kus
wheat crop pf this country has bten
exported or sold for export, leaving but a
ctmparatively small amount to bo moved
during the remaining nine months of inc.
Bei-son." ...
Spring wheat millers have already 'be
gun to import wheat from Canada in the
last week. A- Chicago mill bought ap
proximately 400,000 bushels Canadian No.
1 northern to be brought t Chicago an'l
blended with th softer wheat grown on
4his Bide of the line. It was also re-
poiiea mat .Minneapolis mm nau jusi
bought nearly' 1.000:000 bushels of wheat
In Canada to be brought to Minneapolis
and mixed with the lighter weight wheat
of that district. Early last summer when
the winter .wheat crop was moving In
grtater volume than could' be tnken care
of readily by railroads and much lieavler
than could be handled by mills and ter
minal elevators the' fear -was expressed
that British buyer would take advantage
of the situation anil secure more of the
crop than could be easily spared. . Fur
thermoro It was feared that the same buy
trs would purchase the large amount of
wheat futures as soon as the futures mar
kets were opened, which 'was July 16, , and
lr. this way make sura of additional large
quantities of wheat. This I apparently
what lias ceme. about. While the amounts
(.hipped from our ports together with
which Is said to have been purchased 'and
remains to be shipped are not quite 'equal
to what this country can probably spare
yet the danger limit has been approaches
so closely that there Is a possibility of
scarcity of wheat at milling points at
times during the remainder of the seafon.
From now until next June the problem will
bo one of distribution rather than th
amount of the supplies of- wheat actually
existing.
Russell News wires: A steading Can.
adian export merchant just arrived from
Winnipeg takes a decidedly pessimistic
view ' of the situation as to Canadian
wheat. He believes the- Canadian farm
ers will market at country points an
average of 2,000,000 to 3,000,000 bushels
of wheat a day for the next six weeks and
that large stocks will accumulate at the
country polsJs. Pie does not believe that
there will b movement forward of more
than 1.000 cars per day or possibly 65,000,
000 bushels before the close of naviga
tion. He expresses belief that there will
be sufficient wheat moved forward to
lake ports to meet export demand . and
any demand that may coma from Ameri
can millers and also that It will relieve
the situation as to rash wheat to such
an extent that there will be no particularly
serious difficulty In taking off hedges In
Chicago against the Immense sales ol
American wheat. His predictions as to
prices was that values might sell 25$)
60a a bushel lower.
feBV Charles DMichaelsV
Chicago, Sept. 29. Immense re-ceipta-.of
ash grain are expected at
Chicago "tomorrow for delivery ou
September contracts. '-Estimated ar
rivals or corn are arojind d.OOlX cars
.wild a. iargs quamuys oi rye. J
special train of 50,000 bushels of rye
is being rushed here from Mtntie
apolisand Lite .n the afterrtoot. a
special train wtHi SO cars of
tived from Peoria.
Every available man of tlyc Iillinois
state grain inspection department
worked far into the evening samp
ling aud inspecting grain in order to
have itTeady in time tor the market
special arrangements have been
made to get the samples' Irom the
railroad 'inspection yards to the
Uoard of Trade, some fin.i.s placing
automobiles at the disposal jf ihe Ie
partnient. Killing frost in the northwest, and
in western Nebraska, comoincrl with
predictions of htrtvy frcst oernight
over ;. good part, of the coin b.-lt, led
to short covering md a hi;;hc." mai
ket. The undertone was .trong
from the start and with persistem
commission house buying in small
lots, prices advanced readiiy and
closed at the too with net gains ox
J. 3-423-4c,' September loading.
Houses with- seaboard . connections
bought wheat and gains were 1 1-2
3c, while oats were 5-87-8 higher,
and, rye l-25c higher. Barley lost
1 cent. "
. Prices Remain. Firm. .
Efforts on the part t local taders
to depress wheat prices met with little
success. There was persistent buying by
houses with eastern connections, but with
claims of export business, the pit elements
were not disposed to press the selling
side , very hard. Strength, in Minneapolis
wiis a factor, that market advancing to
Hc over Chicago ' December, gainlns
14 on, tnis maricec. nue 10 a iacn o:
pressure from cash grain.
Ovw 500.000 bushels December was ex
changed during tho day for cash grain,
nil of which was domestic. Export sales
at the gulf were reported as 200.000
bushels. Canadian wheat Is being bought
fieely by domestic mills on account .of
thu scarcity bf choice domestic springs,
and at relatively lower prices. An Industry
bought some aX I819a over December
p. i, f. Buffalo.
t Milwaukee mills secured 100.000 bushels,
making- 200,000 bushels so far and St.
Loui Minneapolis. Duluth. Buffalo and
New York mills are also buying.
Longs sold September corn In lots ti
satisfy shorts who were covorlng and
managed to hold prices within relatively
narrow limits. Trade was active with
heavy evening up under way The rom
wss at the top duo to belated short
covering.
Narrow Discount on Oat.
Buying of September oats by cash
houses narrowed Its discount under the
December to 3c against 4c the pre
vious das'. At pne time September was
relatively 1 per cent under spot No. 2
white, after paying all loading out charges
Houses with northwestern connections sold
December freely, but at no time were
prices for the deferred deliveries more
than a fraction under the previous day s
finish. Sample values were unchanged to
c higher with receipts 76 car. Shipping
sales 120,000 bushels. Deliveries on Sep
tember contracts 46.000 bushels.
Exporters were after cash rye and
bouRht a round lot here for Immediate
shipment on tho basis of 32c over Chicago
December, track Baltimore. Longs soi l
September freely and checked the ad
vance. No. 2 on spot sold at $2.08
2.09, or September price, over 30 cars
changing hands. Receipts 57 cars.
Barley was in better demand and the
undertone firmer. Maltster were In the
Bonds and Notes
Bond and not quotations furnished by
peter Trust company.
Anorox
Kid. Asked Yield.
.,92 91U
.' 86 97 8.10
. U' 9 ,7.!6
90 VI 7.4H
Am. T. A T. 6s, 19:4..
Am. T. A T. 6s, 1925
Am. Tob. Co. 7s, 1922
Am. Tob. Co. 7s. J 923
Anaconda Cod. 6s. 19-9
Ang.French Ex. 5s. 1920 101 401', 8.01)
Armour Conv. tis, 1928-24 ti , ) 7.35
Annour 7S. 1930 i 95
Belgian Oov. 6s, 192 .. 93
Belgian Gov. 7s, 1945.. 97
Beth. Steel 7s, 1933 .... 97'
Beth. Steel 7s. 1923 .... 97
Pritlsh 5s, 1929 89
British 5, 1921 98
C. 8. A Qy 4s. 1921 96
Can. Govt. 6s, 1921 .... 98
Can.' Gov. , 139 M
C. C. C. A St. 6s, 1929 87
Cud. Pack. Co. 7s, 1923 97
Goodrich 7s, 1926 93
JaV. Gov 1st. 4s, 1925 75
Jap. Wov. 4s. 1981 68 . ,
List.. A Myers 6s. 1921 97
Proc,. A Gam. 7s, 1922.'( 99 100
Pre.-A Gam, 7s, 1983.-9--100 -i
Swltt & Co. 6s. 1921, . 8 i
Swiss Gov. 8s, 1940 ..;.103 -03
l.'nlon Pacific 6s. 1958 .. 97 S 98 .
Wilson Conv.- 6s, 1928 81 82
City of Paris, 6s, 1921 ' . . 91 ' 95
91
9.1
98
98
97
89
98
96
98
91
88
98
92
7.50
7.90
7.75
7.95
8.05
7.00
7.30
8.2o
7.10
6.8t
7.80
8.20
9.05
75 11.10
68 1U.11
98 7.90
7.0'i
7.00
7.10
7.75
6.S0
9.10
market and lewer grains were taken more
freely by shippers, spot sales were at
S6$1.02. Receipts 13 cars.
Pit Note.
. Shorts in Sentember corn are rye are
coining In fast and that Interest has been
greatly reduced. Holders are selling Iree
ly and supplied all buyers today ns values
advanced. It 1 the belief of those who
hstvA keot close watch of ODeratlon of late
that bortj will get till they want at
around the closing JevM of today to a
few ccitrs advance. V - '
Canadian wheat Is attracting- attention
of the trade heresland in all markets. A
Canadian exporter takes a pessimistic view
of the situation. " Ha believes that Can
adian farmers will marneKan averago m
?,0()0i000 to 8.000,000 bushels dally for the
next six weeas, ana iib"
be accumulated at country points. About
85 000.000 bushels is expected to be moved
from lake ports by the close of navigation.
It would be no surprise i ;''
n corn cover freely should reports or Kill
ing: frost come early tomorrow. Most Trao
ers regard the corn crops as snout, maoo,
bnt In view of the large decline- of late
and tho technical position, close observers
list night regarded the market as In shape
or a quick nuige wnicn m. ".
hits specialists say Minneapolis and
Wlnnipes houses are bearisn on oais .i""
nre selling December and buying May In
Chicago on a liberal scale.
i!Wnrt of flour snd wheat from the
iTnlted States as officially reporte for
jX and August were S7.20:.00O- bushels
as compared with J3.235.000 bushe.s last
year. '
CHICAGO CLOSING PRICES.
By Vprtlko GralnCo., .Doujg 2 ep u..
High. I Low. Close.
Local tocks and Bonds
Quotation furnished by jBurns. Brinker
A Co.: - , ' , i
Stocks. '-. ' Bid. Asked,
Bankers Mtge. I.n , OnA 16
Beatrlc Creamery ptd .(... J- 93 9
Burgeaa-NMh. 7 Pet. put .. . .. 96 100
Eldredge-Re'ds Co., 7 pet, ptd 93 96
Fairmont Cream, pfd .. 12 96
Oooch Food Prod. Pfd'...; ..'80
Harding Cream 7 pel.' ptd . 95 100 -Lion
B. A S. Co., Omaha ...... 150
Pax. A Gallagher, 7 pet. pfd . 98 106
M. O. Pet. M. T pet pfd 96 98
M. K. Smith B Co.. 7 net. Dfd 97 100
Thomp.-Beld. Co., 7 pet. pfd .. 98
Union 8. Y., Omaha ....
BON DS.
xArgen. Gov. Ext. 4s,
Armour A Co., Is, 1930
Doug. Co. C. H. Re. 6s,
Dunde Pav., 6s, 1930,
French TCxter. 8n. 1945
Ger.. Neb.. S. DIs. s.Al940 ...i 100
B. V.-'Goodrich -Ce., , .1925 . , 92 92
xHllllllog. s, -l. .10 ,' . , J. .
Joint 8. and B, 5a ........
Maytag Co., 6s, 1927
Omaha Athletlo 8. 1929
Omaha. Neb., School 6s. '21
O. C. B. St. It. 6s. 1928
xStdney, Neb,. 6s, 1940 ...
81n. Con. Oil, '7a. 1925 ....
Exchange.
xBld.
90, $4
.... 7.00
... 95 96
'35-4.... 6.60
99 100
.101 101
6.40
.,80 87
.. 8 89
' ..t. 87
....'. 99
. 7
6.40
l"ill
Kansas City Produce'.'V
Kansas City. Mo.. Scpi. "2$.putler
Unchanged. - TjL
Egga On cent higher; first. .Sic; sec
onds, 43e.
Ppultrj' Hens, 2629cr up .lc.
The Petets (National bank -cordially
invites you, to inspect Its new
Banking Room in the Peters; Trust
Building. Farnam at .Seventeenth;
alsa its new and impregnable Safe
Deposit ' Vaults. Savings "Accounts
invited, and if opened by October 10
will dravrinterest from Octobxr 1.
Adv. V
-I
American State Bank N
' t Capital, $200,000,00. , .;
.. yV Farnam at 18th.
"OcTtotieT'lst . we pay our regular 4 ro compounded v
-vquartcrly interest (on your Savings Account.
.'. f , -.
you nre'ihvtcd, ta test its convenience.
. ; k'
4 r,'o ' cmpournlt?d guartcrly interest added, to your
accounty; Subject to withdrawal without notice.
' - ' -jy
Deposits made on or before the 10th day of any
i month .considered as having been made on the first
day. ;
" Your checking (account invited. This bank docs more
for you than carry our account. . We have the facili-1
. ties you would specify for the handling of your bank
. ' ing business. ;' We invite your account on the basis '
"service. . '
i -ii ' -
O. W.'GEISELMAN; President. H. M. KROGH, Ai$t. Cashier.
' D. C. GEISELMAN, Cashier. ' .
Deposit in this Bank ar protected by the Depositors' Guar
-1 k i., anty Fund of the State of Nebraska..
Art. Wigh.llw. i i
HTt I
Mch I 2.16J 2.20 2.1
S.tV I 2.0514 S.T j 2.05
Dec. 1.69 1.71 1.69
4 .III 1 . llQtt
53
57
63
2.24
2.20
2.09
1.70
I 1.59
.97
l.ootf
I
.65 I
.58!
62
I Rnnt I 1.2l 1.29
Dec. I .96 I .97Ti!!5
Mav I .? 1.00
Sept. I .Hl- .55- I
Dec. I .S4l .58l
Msv J '.62! .62!
PorkH I I
Sept. I I
Oct. 123.00 '23.69 23.00
l.ard I J - - '
Sept. 119.05 19.25 119.00
Oct. IH.OS 19.27 118.90
Plf, I I - I
Sept. 110.00 116.00 116.00 116.00 115.90
Oct.'15.80 116.00 I15.80 116.00 I15.90
23.10
19.22
119.20
2.2114
2.17
t.04
1.68
1.28
.95
.98 U
.53V
.11
.02
23.00
23.00
it.es
19.05
Kuisn City Grata,
Kansas -City. Mo, Sept. 29. Wheat
December. $2.21; March. $2.61.
Corn September, $1.00; - Tecember,-91c.
Duluth,
Linseed Oil.
Sept. 29. Linseed $3.11
EVERY MUTS DUTY
TO HliSELF
To SAVE While His Earning Power. Is Greatest
Occidental Building: and Loan Association Pays $396
Quarterly Dividends
ASSETS, $9,000,000 1 I SURPLUS, $360,000
Start a home fund with us today no matter how small.
Occidental Building & Loan Association
' Corner 18th and Harney -
JOHN F.' FLACK, President
R. A. McEACHRON, Vice President
GEO. C. FLACK, Treasurer
E. N. BOVELL, SecreUry
JOHN T. BROWNLEE, Assistant Secretary
ROBT. DEMITER
1 ' '
Bank Acceptances
One of the safest
and by all means the
most liquid short
term investment.
6to62
" may He secured on
accumulating funds.
Various maturities
'up to four months.
! Ask for list 0B-338
(
TheNationalCn
. Company
' Omaha First National - Bank
Building
Telephone 8316 Douglas
0
t
TOMORROW
MAY BE COLD
Are you prepared to
keep the folks warm
the first cold morning?
Better order coal
today.
Updike Lumber
& Coal Co.
Phone Walnut 300.
-- .-vV."
."V; -'-Vt
Established':
Your Every
Banking
Need
J :
NE. of the things
on which The
Omaha National
Bank prides itself most
" is its diversified service.
o
We have here - a com
plete group of depart-
. ments, each one meet
ing a, distinct and defi-
nite purpose. Your
every banking need
ca,n be adequately
cared f or at? this' banlf
and we always welcome
the opportunity- o
serve you.
Tho Omaha
National Bank
. CaniflflBi t Sgvintt egfli''
Capital and Surplus -$2,000,000
Turpentine and Bosln.
vannah. Ga.. 8eoL 29. Turnentlno
Firm, $1.27 H 1.30j receipts, 400 bbls.;
shipments. 6 bbls.: stock, 16.311 bbls.
Rosin Firm: sales, 384 casks; receipt,
1.38) casks: shipments, 494 casks; stock,
CSSKS.
Quote: B. P. $11.25: E. tll.Z6inil.STU:
F. H..O.-I, K. M, N,- WO, $1L80; WW,
Nt. Louis (iraln.
fit Louis. Ssnt. 50. Wheat Decemher.
$1.25 bid: March, $2.21 bid.
Corn December.- 97S695Vc: War.
t$'c$l.00 bid.
ERVICE..:
in the Careful Handling of All Orders
for Grain and Provisions for Future
Delivery in All the Important Markets
'''. ',. '
IVe Operate Offices at . ,
Prtvate
Wire Connections
U All Offices
Omaha, Nebraska
Lincola, Nebraska -Hastings,
Nebraska
.Chicago, Illinois
Sioux Cityi Iowa
Holdrege, Nebraska
Geneva, Nebraskav
Des Moines, Iowa
Milwaukee, Wisconsin
Hamburg, Iowa
Kansas City, Mitseurl
WE SOLICIT YOUR
Consignments of All Kitida of Grain
to OMAHA, CHICAGO, MILWAUKEE.
KANSAS CITY and vSIOUX CITY
Every Car Receives Careful Personal Attention
The Updike Grain Company
THE RELIABLE CONSWNMINT HOUSZ
P IJ
The Pullman Gbmpairy
v.
Does Not Benefit
. ; : ' . '' ' I'.'..
The purpose of this arinouneement is to correct
a general misunderstanding that The Pullman
Cliipany benefits by the surcharge of ,50
recently imposed oivPullman passengers.
The Pullman Company receives no part of
this surcharge.
The surcharge was imposed solely to increase !
the passenger revenue of the railroads,
Itsimply requires an additional service of The
Pullman Company for which it receives no
compensation whatsoever.
...
. THE-PULLMAN COMPANY
CHICAGO ' ' -
1
. i
CcU December, SJVio .
.-' r