THE OMAHA SUNDAY BEE: NOVEMBER 14, 1920.
11 o
x
Market, Financial and Industrial News of the' Day
Live Stock
Omaha, Nor,
Receipts were! Cattle Hot!
Official Monday . ... 15.77 3.041
Offulal lu..Uny. ...1,,30 "4.S64
Official Wednesday,. ,9i) 7 U7
Official Thursday . .0n J, KM
Official Friday .... J. 710 3,03
Kattmate Saturday., sno 2,oo
Mix daya thla wk, . , it. 23.(21
name uays last wit.. 83,643 16,403
-Ham daya 2 wks. .42.747 ;i,U9
Kama daya 3 wki.. 66,604 23.323
tamo daya year ago 49.138 36,601
11.
Eheep
H.i.i
16.773
S.1H3
S.M7
9,361
44, aii
64.071
70,214
70,724
U,14
Ilecelrts and disposition of live stock
at the lin)on Btock Yards, Omaha, Neb.,
for 34 houra ending at i o'clock p. m,
November 13. 1920:
RECEIPTS CARLO APS.
c. m. .. p..'. .'"fl HoB'i
Union I'aclfio 7
l!. N, W., cast S
C & N. w.. west T 14
C, B. & Q., west 3
C, . I. & P., east r
SO
logs.
44
833
60S
144
247
20
Total rcelpta
DISPOSITION HEAD.
Msrrla A Co
Swift & On
Cudahy packing Co.,f
Armour & I'o ,,
Hold Pecking Co
J. W. Jlnrphy ,
Morris, Sioux Falls
Swift, from Sioux City
Total "its
Cattle The usual light Saturday cat
tle run was here today, only about 200
hood being reported tu and while (Nie
waa dull the market was nominally ateady
, on all classea. For the week receipts
ar 44,600 which is poarly twice ax Urge
a a week ago. Compared with last
week's close prstcnt prices on com frd
.steers are around 60o lower. Tho week's
ton la 113.10. nothing- prime having been
offere... Hinge beeves are anywhero
rrom 26cll.00 lower for the week, the
ireatest decline being on plain Rnd medi
um kinds. Stoekers and feeders are most
ly 6076o lower, while cows and helfera
are from 25c to In most cases 60o under
a week ago.
limitations on rattle Fair to good
heevea. 1 l.oo 1 3.26 ; common to fair
i'TtXr"i Jl 1 1 -0 : lair to good yearlings,
fll.00ffn3.oc.; common to fair yearlings,
JS. 50 10.50; chr.lee to prime grass beeves,
't; W11.00; t-"0I to choice grass beeves,
JlO.OOiji 11.50; fair to good grass beeves,
H.OOW9.7r); common to futr grass beeves.
i .$a.0O)!7.7u; Mexlrsns, SC.OOiff 7.50; good
'io prime grass heifers. fit.Tr.fii.so: choice
to prime grass cows, $7 25S 60; good toi
choice gnus cows, tii.f.O W7.25; fair to.
good grass cows. JS.60iff (i.60; common to.
fair grass cows. 33. 60 fi; 6. 60: choice to
prime feeders, f io. 00 ll,50; good to prime
feeders, ..Mi.76; medium to good feed
era. $7.00ilf 60; common to fatr feeder,
f 6.00(8)7.00; good to choice stoekers, IS. 26
.2S; fair to good stoekers, $7.0008.26;
common lo fair stoekers, $6.006.25;
stock heifers. $4.7615)7.26; stock cows, $4.50
W6.60; stock cnlves, $6.fif .60; veal
calves, 8 001I.00; bulls, afSgs, etc.. $5.25
,00. , T
Hog-OnIy S.nna liogs were received to
day and trade had plenty of activity at
prices stroni to a dime higher. Individual
nales In most cases reflected advances of
6(1 10c. Shippers bought sparingly, but
everything sold In good season. Bulk of
supply changed hands at $12.36012.69
with best light hogs bringing $12.76, the
day's top. Compared with a week ago
the average hog trade shows a loss of
bout 65c, with declines more pronounced
on lights than on lieavlca. Heavy hogs
are closing around 50c lower, with light
hogs about 75o lower. '
HOGS.
No. Av. Ph. Pr. No. Av. h. Pr.
70. .830 120 $1? 60 40. .179 ... $12 65
23. .320 ... 32 20 v60..286 ... 12 Jo
S9..175 ... li 40 63. .248 40 12 45
Sheep NO sheep or lambs were re
ceived today and this division of the
live stock trado remained nominally
steady. Receipts during . the week have
been moderate and no Important change
baa occurred In prlcea for fat lambs.
Best fat lambs have been selling up to
$12.00 and are closing about a quarter
lower for the week. Fat sheep and
yearlings show a decline of 6076e with
good ewes dropping- to $5.50f6.75 and
good yearlings selling around $9.269.86.
Feeder trade continues quiet and gen
erally steady. Best feeding lambs selling
VP to $11.75.
Quotations on Sheep Killers: Best fat
Iambs, $11.75S12.00j medium to good
Iambs, $11.25(fi11.76; plain, and coarse
lambs, $11.0011 26; choice handy year
lings. $9.009.60; heavy yearlings, $8,500
S.00; aged wethers. t7.00ffl7.75; good to
choice ewes, $5.26S.76; fair to good ewes.
$4.766.25; Cull and canner ewes, $2,000.
S.60. Feeders: Oood to choice lambs,
$11.2511.76: fair to good lambs, $10.60
11.25; Inferior grades, $10.00010.25; year-'
ling wethers, $8.0008.60: yearling ewes,
breeders, $7.7608.60; good to choice young
ewes, $6.0007.25; one-year breeders, $5.00
8?)6.00j good to choice feeder ewes. $4.60
5.00; fair to good feeders, $4.0004.50;
Shelly feeders, $3.2504.00.
Chicago live Stock'
Chicago, Nov. 13. (V. 8. Bureau o
Markets.) Cattle Receipts, 5,000 head;
comrVred witi week ago; best corn fed
'steers sround strsdy: others mostlv26c
to 60o lower; week top. $17,60: bulk na
tive, $10.00014.00; bulk westerns, $8,260
10.60; butcher cattle unevenjy 25o to 7jc
lower; ranners and cutters, steady to 25c
lower; light and handy weight veal calvos,
strong to 26o higher; heavy shipping
cwlves, $1' lower; stoekers and feeders,
steady to 26c lower. .
Hogs Recelots, 6,000 head; mostly 100
15c higher than yesterday's average;
sfts more on In-between grades; top,
$13.06; bulk of sales, $12.30013.00: piss,
about steady; bulk of desirable 100 to
ISO-pound pigs. $12.60(5112.76. '
Sheep and Laro.rs Receipts. 3.000 head,
compared with aVweek ago fat lambs
clceed 16o to Sir higher. Yearlings
ateady. sheep, 76c to $1.00 lower; feeder
sCeep and lambs steady.
Kansas City, Live Stock1.
Kansas City, Mo.,' Nov. 13. Cattle Re-
celpts, 1,000 head; market for week: Beef
steers, canners and feeders, mostly 60
75c lowr;.she stock moRtly 50c lower;
bulls, 25e lower- calves, $1.0001.60 lower;
stock cows and heifers, 2650c. lo(er:
'stock calves. 75c $1.00 lower.
Hogs Receipts. 1,200 head: market, ac
tive: generally steady with yesterdays
average; top, $12.66; bulks of sales, $12.25
Shep and Lambs No receipts; market
for week: Sheep. $1.0001.60 lower:
vearllngs. 50(5750 lower; lambs. (5C051.OO
inAer: feeding lambs. 2640o lower,
SlouiVity live 'Stock.
Sioux City, la No
ov. 11 Cattle Re-
........ t inn heart' market siesay: lea
Steers' snd yearlings, $9.00016.00; grass
stetrs, $i.0010.r.0: grass cow. $5,260
'" 7 75: fat cows and heifers, $8.00012.00;
i canners, $3.5005.00; vealers. $4 00 13 50;
common calves, $4.0007.60: feeders. $6 60
J (W9.75; feeding cows and heifers, $3,750
v 7"75; stoekers, $5.fO07.6O. ...
Hogs Receipts, 2.100 head; market lOe
to 15c higher; light, $18.60012.70; mixed.
112.10013.40; heavy, $11.60012.25; bulk
ot sales. $12.25012.60- , . ... . ,
Sheep and Lambs Receipts, BOO head;
market steady.
St. Joseph Uve Stock.
St. Joseph, Mo.. Nov. 13. Cattle Re
ceipts. $00 head; market nominal; steers,
$7.60016.00: cows and heifers, $4,000
14.60; calves, $5.00012.60.
Sheep and Lambs 800: nominal; lambs,
$11.60(012.251 ewes, $4.5005.60.
New York, Pried Frnlts.
' New Tork, Nov, 13. Evaporated Apples
Dull.
Prunes Easy. V
Apricots snd Peaches5 Quiet and steady.
Raisins Firm. -
Grain and Live Stock Men
To Meet in Omaha Tuesday
A program containing various in
teresting subjects to be discussed by
prominent speakers and musical num
bers, has been prepared for the 18th
annual convention of the Nebraska
Live Stock association, November
16 to 18.
The opening sessions will be held
in the Rome hotel Tuesday morn
ing, when " Mayer Smith will de
liver the address of welcome. V The
managers session, Wednesday morn
ing will be held in the Castle hotel.
Other sessions will be held in the
Rome.
Dan Miller fo Dorchester will re
spont to the mayor's address of wel
come for the directors and M. L.
Crandell, Nebraska Chy, for , the
managers. "
C"SCESSF1L SPECULATION
f '$ Invested In Grain, Stocks or Cotton,
i ,nlan, gives opportunity to make
. f will make $A00. No further risk,
i " Xed of quick dally profits with
i aapltal gives the small Investor
' i -catties. Speculative markets'
greatest returns ever icnown.
Financial
Chicago Tribune-Oman Bee Leased Wire.
New York Nov. 13. After so
troubled week in the market, the first
point of interest in Wall street to
day was the weekly bank statement.
Neither the associated banks nor
tlte federal reserve bank published
their statement until the Stock Ex
change had closed after a day of de
clining prices, 'iut both made an
unexpectedly favorable showing.
The clearing house banks hare re
duced their loans $47900,Q00 during
the week, and '.he sesultant curtail
ment of deposit liabilities were sup
Dlemented bv an increase of $30,700,-
MX)0 in reserve credits at, the Federal
DanK. as a consequence me surplus
rose $33,500,000, not only cancelling
the $1j300,000 defecit of the week be
fore, but bringing the total excess
reserve to the highest figure in five
weeks.
This increase cf reserve credits for
the account of private hanks caused
net increase of $28,400,000 in the fed
eral reserve banks' deposit liabilities,
but reduction .n government de
posits, retirement of $14,100,000 of
the reserve fcank's note circulation
and maintenance cf a practically un
changed cash reserve, left the fatio
of reserve to note and deposit liabili
ties combined at nearly the percen
tage of a week ago.
Increase Iq Credit.
In the banks' reserve secount ( It
was noteworthy thalf a net loss of some
$5 200,000 in actual gold holdings (not
withstanding), moderate Importations of
geld obtained for Europe for the east),
was nearly offsot by Increase of New
fork'a credit In the reserve system's cen
tral gold fund. That means repayment
on balance by- Interior marketa. It Is
probable that the bank position thus dls
closed was the cause for the relaxation
of call money rates on Thursday, but the
statements naturally had no Influence on
mday's stock market, and moreover. It
otill remains for the report of the whole
federal reserve system to show In what
direction, If at all, the country's general
credit position has .changed during the
wetk. . . .
On the Stock Exchange today was
marked by a continuance of the previous
day's weakneaa, The market, as a rule,
rrened lower; there were some temporary
rcovorles, notably tn th railway shares, bu
these were mora than candied by new
decline, leaving net losses for th day,
which ranged from 1 to points for actlvs
stocks. .
Exchanges Gain.
Nothing occurred outside of the Stock
Exchange that could be assigned as a
deflnlto cause for the,, day's downward
movement Exchange on Europe again
teslsted the general tendenoyk sterling,
francs and lire closed quotably Ibove Fri
day, after having made even more con
siderable gains in the early trading. Com
modity markots were steadier, the price
of wheat- reeovr'.ni 4He and closing at
a mt gain of IMo. while cotton, though
temporarily woak again, ended' with no
Important chance from the day before.
rcst6f and the man went dwonedwtndw
Something was made of the volun
tary receivership announced for an In
corporated fish dealing enterprise which
had found Itself crippled by the fall In
prices of Its products, and by the for
bidding money market. But this was
not an Important affair; It was a new
and experimental undertaking, and tho
only general Interest which belonged to
It lay In the fact that an Industry con
cerning which nobody had been talking
had provided the first victim of the
week. , -
Financial sentiment could not be de
scribed as cheerful at the week enl.
Probably the excess of pessimism which
prevailed in Wall street resulted partly
in the lact that the stock exchange had
failed "to grasn the meaning of the sit
uation regarding money, credit and
prices. when that situation, ' some
months ago, was actually at its most
dangerous stage. In other words, the
past week's market has reflected the dis
sipation of illusory and baseless hopes.
It is also natural that attention should
row, as the year-end approaches, be di
rected more to the question of shrunken
values for the Inventories of business
concerns. Fortunately,, there were bank
ora and business men who foresaw what
Is now visible to everyone, and prepared
for l. This is the factor of reassurance
lu the existing situation.
CHICAGO 6TOCKS. ,
The following quotations are furnished
by Logan & Bryan, members of all prin
cipal exchanges, room 248, Peters Trust
building (formerly Bee building), Seven
teenth and Farnnra streets, Omaha, Neb. I
Armour & Co. pfd K9 ....
Armour Leather Co. common.. 15H ....
Commonwealth Edison Co. ,.101H ....
Cudahy Packing Co 67 1
Continental Motors -ffT.
Llbbv. McNeil & Llbby ......11 ....
Montgomery1 Ward Co 20
National Leather S'i
Reo Motor Car Co 73
Swtft & Co
Swift International
.8
26
Union Carbide & Carbon Co. ..53
Turpentine and Rosin,
Savannah. Ga. Nov. 13. Turpentine
Nothing doing; last sale November 6 at
$1.12; receipts, j634 bbls.; shipments, 10
bbls.; stock, 15,732 bbls.
Rosin Dull; sales. none; receipts.
2.704 casks; shipments, 23 casks: stock,
ES.667 casks. Quotations: B, D. E, F, G.
H, I, K, M, N, WQ and WW, 11c.
Chicago Produce.
Chicago. Nov. 1 J. Butter Firm; creamery-1'
3 62c.
Kptfs Higher.; receipts, 8.83$i cases;
firsts, 67cj8c; ordinary firsts. 69 0 61c;
at mark, cases Included. 67064c; stand
ards, 69070c; storage packed firsts, 7014
071c; refrigerator firsts 52 0 53c
New York Metals,
. New Tork, Nov. 12. All metals nn-
chenged.
At London Copper, spot, 87 7s d;
electrolytic, unchanged; tin, 243; lead.
34 10s; sine. C36.
Bar Sliver.
New Tork, Nov. 13. Bar Silver Domes
tic. 99Hc; foreign. 79Hc
Mexican Dollars 60o.
TJnseed Oil.
Duluth. Minn., Nov. 13. Linseed on
track and arriving. $2.33.
London Money.
London, Nov. 13. Bar Silver Siid per
ounce.
Money and Discount Unchanged. ,
New York Quotations
Range of prices of the leading stocks
furnished, by Logan ft Bryan, Peters Trust
building: RAILS. day
f ' High Low Close Krl-
A., T. A R. V. 5H S5 85 :,
Baltimore A Ohio. 45 38 S9' 40,
Canadian Pacific. .111 111 H6 11T
N. Y. & 1L R 79 77 v 77 7SV,
Erie R. U 1K "i l
Gt. Northern, pid. 84 H 82 U 83 3 4
Chi. ul Western.. 9 I. U
Illinois Central.... 90 Vi $9 90"
Mo., Kan. & T.. 4
Kan. city Southern- 21
$9
4
:ot
4
1014
Missouri Pacific... 2Sli 3 2?
N. T N. H & It. Wh. il4 S
Northern Pacific. 91i 7l m
Chl.k N. IV 79fc 7& 79-.
Of
66U
Sl
Penn. R. R.
Reading Co. ...
C, R. I. & P. .
South. Pac. Co.
South. Railway
Chi.. M. & St. P.
Union Pao
Wabash
Am. C. F. ...
Allls-Chal. Mfg. .
Am. Loco. Co. V
Utd. Alloy 8. C, .
Bald. L. Wks, ..
Beth. Steel Corp.
C. P. A I. Co. ..
Crucible 8. Co. ..
Am. S. Fndrles. .
Lack.' Steel Co. .
Mid. Steel & Ord. U
Pressed 8. a Co. .
Roc. Iron & 8. Co. 68
R. Steel Spring . . 87 "4
S.-Shef. 8. & Iron 65 H
U. S. Steel 82
COPPERS.
An. Cop. Mln. .... 40 45 U
Am. 8. & R. Co. . 64 61
B. & S, Mln. Co. . 1114 HH
Chlla Cop. Co. ... 3 3
Chino Cop. Co. .. 23
Cat. & AH 61 K
Itsp. Cons. Cop.. 89
Kennecott Copper 20H
Miami Copper Co.. 17t
Nev. Cons. C. Co... 10
Kay Con. Cop. Co. 12
Utah Copper Co... 65
INDUSTRIALS.
Am. Beet S'r Co. 57 66
A O. A W. L 8. S. 1164 113
Am. Internat. Corp 6614, 64 ft
Am. 8um. Tob. Co. 7694
Am. C. O. Co. ...
Am. T. A T.
A. Z; L. & ST" ... ,
Brook. R. T
Beth. Motors
Am. Caa Co
Chandler M. Car .
Cen. Lea. Co
Cuba C. Sugar Co,
Cal. Pkg. Corp. ..
Cal. Pet. Corn. ...
Corn Prod. Rfg. Co. 77
TCnt K A R m
rFlsk Rubber Co. .16
Gen. Elec. Co. ...122 120
Gas. Wms. & Wig. 4 4
Gon. Motors Co... 14 14
Goodrich Co 44
Am. H. & Lthr. Co
Haskell A Br. Car 60
U 8. Ind. Al. Co. 72l
Internat. Nickel ..16
Internat. Paper C 67
AJnx Rubber Co.. 32
Kclly-Sprlng. Tiro 39
Kcya'e Tire A Rub. 10
Inter. Merc. Mar.. 14
Maxwell Motor Co 2
Mexican Pet 163 160
Mid. States Oil.... 12 12
I'ure on
Willys-Over. Co.
Pierce OH Corp.
P.-A. Pet. & T.
P.-Ar. Motor ..
Royal Dutch Co.
U. S. Rubber Co.
Am. 8. Rfg. Co.
Sin. Oil & Rfg.
Sears-Roe. Co.
Strom. Carb. Co.
Stude. Corp.
83
4
23
2.1V,
26
S
79
40
90
,n
109
26
9
121
9
41 40 40
.. 91 88 ,88
.. 31 28 30
..110 107 108
.. 26 25 25
, . 86 SS 6
..121 120 120
.. 9-
STEELS.
..127 125 4125 126
.. SO 29 29 29
. 86 86
. 32 32 32 33
.103 100 104 ld.H
HO1., t
30
104
31
66
34
86
66
69
90
104
31
66
34
86
66
87
65
81
30
106
31
67
35
i
67
7
65
82
I Omaha Grain i
1 li
4
5S
U
12, 12
21 Zl4
99
8
'i"
2
77
87
26
66
20
61
38
20
17
10
12
63
76
99
6
"s"
26
76
37
24
65
20
75
4
15
61
38
20
17
10
12
03
67
114
54
75
99
8
V
26
7
$7
24
65
20
76
46
15
4
62
11
12
38
20
17
10
12
64
60
118
66
76
9
7
13
3
26
74
87
25
66
20
76
47
15
121 122
4 4
142
6"
71
15
66
31
39
14
48
68
71
16
S7
31
39
14
45
8
68
71
16
66
33
38
32 36 V,
8 ,7
1J 12
77 76
24 25
70 69
5
96
26
10 10 v10
13' 141, 13
2
161
12
35
7
12
76
24
69
64
95
Z6
2
162
12
38
7
13
76
24
70
Tob. Prod. Co. 6ff 64
Trans-Con. Oil ... 10V 9
Texas Co 47 46
U. 8. Food Pr Corp 36 35
63
95 95 94
26 25 26
106 104 105 104
52 50 61 62
48 47 47 48
64 56
10 10
46 46
44
40
46
97
87
43
'63
35
49
40
46
97
87
44
6494
40
46
88
4i
63
V. S. Sm, Rfg & Mln 50
The white Motor.. 60
Wilson Co., Inc.. 46
W'esfgh'se Airbrake 98
western- urMon 87
Wesfgh'ae El , Mfg 44
American Woolen. 66
Total shares sold: 6,77,600.
Money Friday's close, 9 per cent, s
Marks Friday's close, .0117.
Sterling Close, $3.36; Friday's close,
Foreign Exchange Rates.
Following are yesterday's rates of ei
change as compared with the par valua
tion. Furnished by the. Peters National
bank.
, Par.Val.
Austria 30
Belgium 195
Cseeho Slovakia
Denmark 27
England .-rt'. 4 86
France . 193
Germany 238
Greece 195
Italy s: 195
Jugo siavia ,
Norway 27
Sweden , .27
Switzerland 195
Today
.0030
.01118
.OlOr,
.1)115
3.37
.0582
.0119
.0895
.0347
.0071
.1:115
.1882
.1527
Omaha. Nov. 13, 1920.
Light receipts of grain were again
in. evidence today, wheat arrivals of
33 cars about equaling the total of
other grains. There was a fair de
mand for wheat, with prices about
2 to 3 cents higher,. Corn was off
4 to 5 cents. Oats were unchanged.
Rye advanced 2 cents, while barley
was off 2 to 3 cents.
. WHEAT.
No. 1 hard: 1 car, $1.83 (dark); l car.
$1.79; 1 cor, $'..78; 3 cers. $1.77.
No. 3 hard: 1 car. $1.80 (special bill
ing); 1 car, $178; 5-6 car, $1.76; 1 car;
$1.76 (smutty). ,
No. 3 hard: 1 car, $1,73; a cars, $1.73;
1 car, $1.6S (smutty). .
No. 4 hard: 2 cars, $1.70.
No. 8 mixed: 1 car, $1.68 (durumV
No. 4 mixed; 1 car, $1.66 (smutty).
CORN.
No. 1 yellows 1 car, 85o.
No. 2 yellow: 1-nar. 84o.
No. 3 yellow: I cars, 83o (shippers'
weight).
No. 2 mixed: 1 car, 80c,
OAjrs.
No. 8 white: 1 car, 47c.
" No. 4 wliitel 3 cars, 46c.
It YE.
No. t: 2 cars, $1.43; 2-3 car, $1.43.
No. 3: 1 1-6 cars. $1.42.
BARLEY.
No. 1: 1 car, 85c.
No. 3: 1 car, 76c. ' -
No. 4 : 1 car, 74c
OMAHA RECEIPTS AND SHIPMENTS
Receipts
Wheat Corn
Outs
Rye
Bsrley
Shipments
Wheat Com
Oh ts
Rye
Barley .yt...
PRIMARY RECEIPTS AND SHIPMENTS
(BUS.)
Receipts Today. Yr. ago.
Wheat 1,006,000 822.000
Corn 221.000 398,003
Oats 426,000 286,000
Shipments
Wheat X. ..1,118.000 881,000
Corn 216,010 193,003
Oats 406,000 t62,000
CHICAGO CAR LOT RECEIPTS.
Today Wk. Ago Yr. Ago
Wheat 16 It) 67
Corn 33 32 103
Oats 48 i 80 8
KANSAS CITY CAR LOT RECEIPTS.
- . Today Wk. Ago Yr. Ago
Wheat 144 150 17
Corn 3 9 12
Oats 10 23 ' .
ST. LOUIS CAR LOT RECEIPTS.
Today Wk. Ago Yr. Ago
Wheat 70 88 90
Corn 20 11 39
Oats 27 . 23 45
NORTHWESTERN CAR LOT RECEIPTS
OF WHEAT.
Today Wk. Ago Yr. Ago
, 299 219 178
94 " 113 42
393 332 228
703 890 611
Chicago Grain
(CARS.) ,
'Week Year
Today. ago. ago.
.... 83 70 29
.... 15 8 30
.... 6 19
.... 6,7 1
.... 7 7 1
....102 85 85
.... 13 2 11
.... 14 28 7
V.Y.'ii "i 2
Minneapolis
Duluth ....
Total
Winnipeg ..
. Minora noils Grain. '
Minneapolis, Nov. 13. Flour-r-2650e
lower: In carload lots, family patents
quoted at $9.158 9.60 per bbl. In 98-lb
cotton sacks.
Bran $32.00S3.OO
Wheat, receipt, 299 cars Compared with
178 cars a year ago.
Cash No. 1 Northern, $1.73 $1.76 :
December futura, $1.86; March, $1.70
Corn No. 8 yellow, 91S)93e.
Oats No. 8 white, 434e.
Barley 68 Q) 91c.
Rye No. 2, $J. 4901. 50.
Flax No. 1, $2.31$2.32.
' St. Louis Grain. ' '
St. Louis, Mo., Nov. 13. Futu es
Wheat December, $1.80 bid; March,
$1.71.
Corn December, 76 bid; May, 78
bid.
Oats December, 49 c; May, &4c.
' Kansas City Grain,
Kansas City. ' Mo., Nov. 13. Close
Wheat December, $1.72; March, $1.65.
Corn December, 67c; May, 7272c.
By CHARLES D. MICHAELS.
Chicago Tribune-Omaha Bee Leased Wire.
Chicago, Nov. 13. An oversold
condition was disclosed in wheat
when shorts started to cover. While
there was heavy selling at times,
the rlose was at net gawjs of 1 to
l4 "cents.
Corn was J4 cent lower to V
cent higher. Oats, J4 to B cent
lower;; rye, y2 to 2l2 cents high
er, and barley, 1J4 cents lower.
Liquidation was on sit astl 1 grains
during the last week and, while
the finish was on a rally, wheat
finished with net losses of 10 to 11
cents, March leading. Corn de
clined 6i to 7 cents; oats, 4J4 to
4J-S cents; Rye, 4V2 to 8!S cents
and barely at 7li cents.
General buying of wheat in small
fots by commission houses found
limited selling orders early and
prices advanced 5 to SJ4 cents, but
around $1.8354 for December offer
ings increased materially, and a re
action followed. Failure of a New
York grain and oil house has some
effect on the market as did a report
Chicago people were trying to buy
1,000,000 bushels dark spring wheat
at Minneapolis.
Country Offerings Limited.
The Peceinber-March spread widened
to around 10c at one time, compared
with lo over at the Inslo difference
on Tuesday, but at the last December
was 9o over. Twenty thousand bush
els were sold to go to store at Decern
ber price. Country offerings In the
southwest are limited, farmers holding
tightly. Some export demand was re
ported at the gulf. Corn made Its high
est prices shortly after the opening, when
local shorts covered on the strength In
wheat, but tho upturn was lost later, with
December closing at the same price as on
Friday, gaining o on the May
There was some selling of May and
buying July by the Armour Grain com
pany which widened the difference c
Eastern demand was fair. Omaha re
ported the country as selling new cor.i
freely, but reports from other sections
Indicated farmers were still holding.
December oats - showed fair strength)
early, but later broke sharply to the low
point of the previous day, with the close
thu lowest on the crop. Eastern de
mand showed Improvement. Foreigners
. were reported aftei rye at the seaboard,
but no sales were given. No. 2 on traoit
brought 2o over December.
" PI Notes.
Bearish Influences were amplified to
day by new reductions In prices of com
modities, by failure of a New York oil
and grain house, and by other factors.
Sentiment and general conditions were
regarded as too bearish for bulges- to
hold long, as there Is a lack of confi
dence on the part of the public. At the
same time, grain futures nava. been well
liquidated and there la a nervous feeling
which results In sharp fluctuations. Tho
bulge In, wheat today was only natural
after the' recent heavy break.
Every possible thing to depress prices
Is being brought out In a way regarded
by conservative men as likely to reach
unfavorably .on the grain trade In gen
eral later. Sensational reports sent out
regarding the banks In the country "forc
ing holders to sell" Is a specimen. Ship
ping of grain from the country to termi
nal elevators will require money to carry
regardless of who owns It.
Liberal buying of corn and oats against
weekly bids was a sustaining factor at
the last, but failed to prevent corn from
closing practically at the bottom for De
cember and July. '
Reports from Nebraska Indicate farm
ers In the southwest are likely to sell
corn in the near future and a larger
movement Is expected. This was the
Bonds and Notes
Bonds and note quotations furnished
by Peters Trust company:
Appro.
Am. T. & T. e, 1924.
Am. T. 6, 1936.
Am. Tob. Co. 7a. 1923.
Am. Tub. Co. 7s, 1928.
Anaconda Cop. 7a, 1929
rrencli Uovt, 8s,
t'lly of llergrn
Armour 7s, 1930
Blil.Askod VleKt.
94 95
? 91
99 99.
99 1119
.... 96
1945. .100 101
'88
96
Belgian Gv. 6s, 1925... 90 .91
Belgian Gov. 7s, 1945 99 99
Beth. Steel- 7s, 1936.. 94 94
Beth. a.Steel 7s, 1933.. 96 96
llrltlsR 5s, 1929.... 88 89
British 6s, 1921 98 98
C. B. v . 4s, 1921.. 96 ' 96
City of Paris 6s, 1921.. 95 99
Can. Oov. 6s, 1929 91 92
C. C C. g St. L. 6s, 1929 89 90
Cud. Pack. Co. 7a, ,192$ 97 98
Goodrich 7s, 1925 89 89
Jap. Uov. 1st. 4s, 1926 74 75
Jap. Gov. 4.i, 1931..,. 67 6H
Llgt. jb Myers 6s, 1921.. 98 98
Norway 8s. 1940 '. . 99 100
Proct. & Gum. 7s, 1923. .100 1009
Swift & Co. 6s, 1921 97 98
Swiss Gov't. 8s, 1940.. 97 97
Union Pacl?o 6s, 1928.. 99 99
Wilson Conv. s, 1928.. r88 84
Westlnghouso 7s, 1931.. 95 96
basis for the liberal selling snd the lata
weakness In corn.
Liberal selling of December and buy
ing of March by back-spreaders was a
feature in wheat. The' difference was
10 cents, while recently It was lfj)2c.
Activlng buying of December and sell
ing of May oats was on today at 6 4t
6c. A few days ago the spread was 6
cents. Lewis was a heavy lmyr of May
oats at the close, absorbing all the of
ferings, while Wagner was a big seller.
There was big buying of bids on December
wheat and corn.
CHICAGO CLOSING PRICES.'
By Updlk Grain Co., Doog 2627. Nov, 18.
Art. Open. High. I Low. Close. I Yes'y.
Avnt 1 """n j F
Deo. 1.82 1.88 1.78 1.80 i 1.7?
Mar. 1.72 1.76 1.70 1.70 1.69
Rys
Dec 1.64 1.6T 1.64 1.56 1.54
May Ml 1.4$ 1.40T 1.40 1,39
Cern
Dec. I .7$,l .T5 ,T4 .74 .74
May I .80 80 ' .7'J .79 .79
July .80 .81 .80 .80 .79
Oats '
Dee. .48W. .49 47 .47 .47
May .63 .54 .53 .63 ..63
PnrtT
Nov. 23.80 23.60 23.80 23.50 23.50
Jan. 23.96 24.60 23.9S 24.30 23.95
Lard.
Nov, 18.78 19.00 18.75 18.85 18.53 v
Jan. 16.65 ' 15 82 15.60 11.72 16.67
Oct. 18.78 ' 18.78 1S.7S 18.75 18.75
Jan. 13.81 13 35 13.37 13.27 13.20
: Omaha Bar Market.
Receipts light on both prairie hay and
aitalfa. Market firm and higher. De
mand good on alfalfa, while on ilralrte
hay the demand la fair. Oat and wheat
straw in good demand.
No. 1 Upland l-ralrie hay, SOOS'ieap'
Nc 2, $11.00013.00; No. 8, $7.O0)8.00..
No. 1 Midland prolrle hay, $14.0015.00;
N'.. 2, $11.0012.00.
No. 1 Lowland prairie hay. $.00.00t
No. 2, $7.0008.00; No. 3. $M07.00.
Choice alfalfa. $27.00; No. 1, $23.60
24.60; standard, $19. 00021. 00: No. 3, $15.00
18.00; No. 8, $12.00014.00.
Cat straw, $11,00012.00; wheat, $(.50O
18 00. -
Mew York General.
New York. Nov. 18. Wheat Firm; No.
3 red and No. 2 hard. $2.08 c. 1. f. spot
track New York; No. 2 mixed durum,
$2.06 c. 1. ,f. to arrive.
Corn Steady; No. 2 yellow, $1.09 and
No. mixed, $1.07 c. 1. f. New York
trn-Aay shipment.
Oats Dull; No. 2 white, (3c; No. I
White. 62c.
Lard Firm; middle west, $19,409
19.60.
Other articles unchanged.
onononononononaoaonononononononoru
u a
o
D
o FOREIGN EXCHANGE-
FOREIGN BONDS
Our private wire facilities and our connec-
NEW TORK CCRB STOCKS.
Allied Oil 17 -
Boston Montana 43
Boston Wyoming
Cosdert OH "
Consolidated Copper r. 2
Elk Basin 8
Federal OH 28.
Glenrock Oil 1
Mncma CoDDer 2
Merr'.t Oil .0 11
Midwest Refining Co. .......146
Silver King of Arizona .......30
Sapulpa Oil 4
Slmms Petroleum ., 8
Tonopah Divide ..J 1
Tcnopah Extension 28
V. S. Retail Candy 9
White OH ,19
18
44
1
7
2
8
12
148
31
VB
8
30
New York .Money.
New York. Nov. 13. Prime Mercantile
Paper 8 per cent.
Exchange steady.
Stefilng Demand, $3.36; cables.
$3.37.
Francs Demand, 5.79c: cables, 5.81c.
" 'glan Francs Demand, 6.14c: cables,
l.l.
i. Ilaers Demand, zs.eac; cables,
29.76c.
Lire Demand,. s.48c; cables. 3.60c. '
Marks Demand, 1.17c; cables, 1.18c.
Greece Demand, 8.87c.
New York Exchange on Montreal 10
13-16 per cent discount
New York Produce.
New York. Nov. 13. Butter Firm un
changed.
Eggs Stesdy unchanged.
Cheese Firm, unchanged.
Live Poultry Not quoted.
Dressed Poultry Steady.
Fowls Fresh 25040c; turkeys, 46055c.
Chicago Potatoes.
Chlcagd, Nov. 13. Potatoes Steady:
receipts, 96 cars; Northern whites, sacked
and bulk, slightly frozen. $1.6003.00 per
cwt "
while , markets are active.
-"uiars.
i BRfUvFRACH CO.
AN OPPORTUNITY
If you have from $100 to $500 that you can
afford to invest for a year,-here is a proposition
that offers you an opportunity to multiply your
investment many times within this period. The
, risk involved is reduced to a safe minimum.
We have an option on a 20-year oil lease ,
on 800 acres of the most promising oil land in the
c6untry. ' It is right on the structure of the
Houck Dome in Fergus County,- Mont. This lo-.
cation has been passed on -by a well-known
geologist as having every indidation that oil in
large quantities lies at a depth of about 1,500 '
feet. The development around this location
bears out the geologist's report. . -
We can buy this lease at the rate of $12.50
an acre by holding it for a year, we stand
every chante of getting as high as $200 an acre
for it. Your profits will accrue on this basis.
We are gsoing to carry half of this acreage our-
selves. If you want to get in on this opportunity
with us, address - .
SMITH & KUEHNE
f Lessees)
CASA GRANDE ARIZONA '
. New York Coffee.
New York, Nov. 13. Coffee futures was
quiet today, ' but there was very little
buying power In evidence and prices lower
as a result of further scattering liauida-
Sff'r6bi;st W: uh i g tions abroad enable us to quote and sell1 Foreign Se
to poiniH or rne seasons low reconr I "
Rallies of a few points on covering, but
wore ifot fully maintained, the market
closing at a net toss of 5 to 10 points.
Deeembsr, 6.8?c; January,- 7.02o: March.
7.52c; May, 7.82c; July, 8.12c; September,
8.32.
Spot coffee, quiet; Rio 7s, 7c; Santos
4?, 10lle.
"New York Dry Goods,
New York, Nov. 13. Auction of 46,000
bales of rugs and carpels was completed
In four days, with better bidding than
the trade had anticipated. Many new
lists were being prepared- for spring on a
lower bases than the uetober list. Cot- ft
ton yarn markets ruled quiet, with prices tt
onv ana irregular. t;ouon goods wer
boupht Httlo more freely at low prices
Burlaps were tiutet and easy and wool
goods markets dull. i
M
o curities based on daily stock, exchange quotations jj
3 abroad, thereby saving investors 10 to 25 on D
0 their purchases. -
o
Reliable information on all matters pertaining
0
Oi
D
O;
0
Pi
D
o
0
a
to the foreign exchange situation cheerfully given' 0
0
o
on request.
Our Quotation board includes leadinsr foreign 0
external and internal issues come and read it. jj
o
0
o
0
o
0
Liberty Bond Prices.
New York, Nov. 13. Libertv bonds
closed: 3s. 93.50; first 4s. 88.00 bid;
second 4s. 8H.88; first 4s, 88.60; second
4s86.20; third 4s, 88.50; fourth 4s
.; victory 4s. so.uti; victory 4
i.00.
C 0 0 STOCK PRIVILEGES HOC
tPUiV Pins AND CALLS 0 1 J
80 DAYS ODD LOTS
Best, ea'est way tQ trade. No margin.
Calls possible, as risk is limited. Profits
unlimited. Ask for free booklet.
"SUCCESS IN THE STOCK MARKET"
With small outlay hundreds
of dollars ar; made.
UNLISTED SECURITIES
KENNEDY & CO., Est. 1884
Members Consolidated Stock Exchange.N.Y.
J A' BROADWAY, NEW YORK
WARNING!
Before buying stocks or sending
money and securities to dishonest and
irresponsible brokers, read our weekly
papas ' Write (or sample copy. '
NEW YORK CURB
11 Broadway, New York City
$1S0
as the first payment and
ninf conveniently small
monthly payments, yielding
9
Fully explained in an interest
ing circular letter just issued
describing our
Te.il Payment Plan
in connection with purchasinp
the shares of a company ac
tively traded in for 25 years
a consistent dividend payer
since 1898--showing possible
market profits of $70 per
share and yielding at current
price around 9.
" Write for circular NP-14.
Sent upon request.
H. & B. WOLF & CO.
Inc.
STACKS AND BONDS
280 Madison Are. ;
i New York City.
o Omaha Stock i Bond Exchange
250 Peter Trust Bldg.
PrWate Wires.
''Tyler 5027.
onooonononononondnoonononoaoaoaono
5Tr
team!
ar, wwv-
M5HIP
CKET5
Winter Toursi
to the
West Indies,
South
America
and
Honolulu,
Foreign
Exchange.
1 yty
17th and Farnam Sts.
SUCCESSFUL SPECULATION
825.00 invested in Grain Stocks or Cot
ton, on our plan, gives opportunity to
make (250.00; $50.00 will make $500.00.
No further risk. Oar method of quick
daily profits with combined capital gives
the small investor big opportunities.
Speculative markets now showing greatest
returns ever known. Act quick while
markets are active. Write for particulars.
Merchants Brokerage Company
Dwight Bidg. Kansas City, Mo.
Foreign Government
arid
MUNICIPAL B0BBS
Foreign Exchange
Bought and Sold
Mack's Bond House.
' 1421 First National Bank Bids.
OMAHA, NEB.
Tel. Tyler. 3644.
Diversified
. Investments
In these days of readjust- ,
1 men! one may profitably em-
ploy funds in a wide range
of securities through the ,
careful selection of meri
torious issues. Diversifica
tion insures safetv. Odd
Lot orders (10 shares and
upward.) are given careful
attention. We invite your
: inquiries.
WEEKLY FINANCIAL
REVIEW and 1rtquentaa- - ,
- lylicol reports moiled gratis.
LW.Wagner&Co.
Established 1887
f New York Stock Exchange
MEMBERS S,h'"I? ll?'l
(Detroit Stock Exchange
Fontenelle Hotel
Omaha
FOR SALE!
i
Associate control or
controlling interest in'
good country bank $20,
000.00 capital. Fine op
portunity. Address Box
W-10, Omaha Bee. .
How Much Income Do
You Get From $1,000?
Many thousand dollars are' earning only $30'
to $60 a year when they could earn $70 to
$80 with safety if they were invested , in
Galena-Signal Oil Co.
lfo 10-Year Convertible Debenture Bonds.
Price 93H. Yield 8. -(One
oi the Standard Oil Co. (roup ot properties.)
V National Cloak ind Suit Co.
8 10-Year Convertible Gold Notes.
Price 100. Yield 8.
(Third largest retail mall order house la the world.)
Anaconda Copper Mining Co.
79-Year Secured Gold Bonds. ,
Price 96 Yield 7tt.
(Largest producer of copper Jn the world.)
Swift and Co.
7 ft 5-Year Goldv Notes. ,
Price 97 H- Yield 7.60.
(One ot the largest and most saccetiful meat packers In the world.)
' , 'i . '
Deseriptivs circular of these Issues will be mailed upon request.
These securities may be purchased nv amounts of $100, 1600, 1,000.
QlSniRmlfefC K cuy
Banker., fj QOJ O
" Investment
701 Peters trust Building
H. E. Harris, Resident Manager
Telephone Douglas 6810 I
Making two dollars
grow where only one
rev before
through our Partial Payment
Plan for the purchase of
SAFE INVESTMENTS.
Phone or write for details of
our plan for accumulating a
surplus and investing it
safely. Ask for Circular
B-57.
-The OmahaTrust Company-
(Affiliated with the Omaha National Bank)
Omaha National Bank Building
'Tyler 0100)
6l2and'7
Farm Mortgages
SS YEARS WITHOUT A LOSS
Kloke Investment Co.
Omaha Nst'l Bk. Bldg.,
Omaha.
PHONE DOUG 1180.
Many people now invest in ?
high grade listed stocks and
bonds without capital that is. they
buy them on the Kriebel Systematic
Saving Plan and pay for them out
of their monthly earnings.
They are finding it highly profit
able. It is not a short cut to Wealth,
but it invariably yields liberal inter
est plat a profit. .
What can be accomplished by mis
clan is toidin Peter Perkins' story,
Getting Ahead." By investing $25
per month for 10 years he accumu
lated $10,000. The booklet tells
you what stocks he Bought, the divt.
dends received each year, and the
I market advance of each stock. m4
,'m It's fascinating. Shall we send
mm you a copy! It's free. Dept. 1. sssal
IKHIEBEL &
3j INVESTMENT BAKKEaSr J
JTCTSoUSalleSt. ChicargfeJ
- :
Bee want ads are business Betters
RESIDENCE LOANS
Monthly Installment Plan,
' Prepayment any time.
Also
Loans on Business Properties
Liberal Optional Privileges.
Reasonable Commissions.
1
"Loew's Inc. 1
The canvass of the patrons of
the theaters owned by this
corporation in an effort to
- tell the stock leads us to con
clude" An ' excerpt from our Weekly
Market Lette-. "Bulls sad
Bears"; also the following
stocks discussed:
Anaconda General Motors
American Loco. Corn Products
Vivadou Sumatra Tobacco
Submarine Boat Calif. Packing
The edition is limited. Call or write
for copy It's FREE.
Stocks Carried on Conservative .
Margins. ,
Member &asoiiditi Stock Ex. qfift
22BeaverStreei, Nev York
FOR SAL
SO Shares Balduff Candy Pre
ferred, $J 00 per share.
50 Shares Omaha Flour Mills
Preferred, $93.00 per share.
SO Shares Cathedral Phfno
graph, $80.00 per share.
10 Shares State Bank of Oma
ha, $140.00 per share.
We offer the above' stocks
s subject to prior N sale.
Liberty Bondl Bought and
Sold.
Robt C. Druesedow
& Co.
860 Omaha National Bank
Building.
Service...
in the Careful Handling of All Orders
for Grain and Provisions for Future
Delivery in All the Important Markets
We Operate Offices at ,
Private
Wire Connections
toAUOffites
Except Kansas Cit)
Omaha, Nebraska
Lincoln, Nebraska
Hastings, Nebraska
Chicago, Illinois
Sious Cigy, Iowa
Holdrege. Nebraska
Geneva, Nebaaika
Des Moines, loWa
Milwaukee, Wisconsin
Hamburg, Iowa' .
Kansas City, Missouri
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 t
.THE RELIABLE CONSIGNMENT HOUSE
i
i
III
tl
.9
Jt, , lisnMH City, Mo. !
- aWSV-jHuSMLesl
-aJJssVMlkUk