itibl biw. UiUAHA, SATUiiUAi, JaxnUAIU 1, l'J)ll.
11
1
Market, Financial and Industrial News of the Day
Financial
By ALEXANDER DANA NOYES.
th!f Tribune-Omaha Be Leased Wlra.
New York, Dec. 31. After all of
.Watl street's despondency of the
past half dozen weeks, which have
very lately brought the financial
community to believe that no re
covery in prices was probable, either
in December or in January, the year
tndfjd today on the Stock Exchange
with a vigorous advance. The day's
upward movement, which, in a large
part of the market, ranged from 1
to S points, brought the more active
stocks to a level averaging more
than 5 per cent above the low prices
of toe week. Even outside the Stock
Exchange, the grain markets also
ended the year with a rapid re-
There was no change whatever in
the. Hay's money market; the "ycar
tnd; Requirements" of which so much
wa heard a month or two ago,
tiiigjnt have been non-existent so tar
as Tates for demand loans or dis
counts were concerned. The weekly
statement of tho associated banks,
which was again published ahead of
timg because of the Saturday holiday.-
showed decrease of $19,500,000
in surplus reserve. This is less than
the;psual change for a year-end set
tlement week with its credit rcquire
mens; but as a matter of fact, even
this-tdecrease was not occasioned by
largt) expansion of credit.
"'J' New High Record.
Tie loan account expanded only $8,400,
810,. a reduction of $17,200,000 !ti reservo
treiUts at the New York federal reserve
hmki which cut down the surplus, and
"ht reduction, along with the very strlk
ili ut of $16,100,009 In outstanding cir
culation, brouoht the "reserve ratio'1 of
the rjank to the highest figure since No-v-Jnher.
fart that the New Tori; reserve
S rutin nf cftah hnlrilnffa In llahlll-
,pae this week, for tho first time l:i
11 . risen above the percentage of the
pa me, week In Ul. la both Interesting anl
significant. Under existing circumstances
lha, first few weeks or months of 121
should b marked by further sttengthen
Ing "Of Its reserve position. Instead of tho
lapltr weakening which occasioned an ac
tual' Wefirlt In the New Tork bank's 're
serve only seven weeka after tba begin
ning 'of 1919.
Tf New-' York associated banks, which
r ere confronted with a deficit in the mid
dle pt last January and last March, will
also, unquestionably have a different story
to toll In 121. What will be watched
vlthevcn mora particular Interest, as a
stin- of the times and a reflection of tho
changed conditions since the Incubus of a
yoarvago was shaken off from the credit
system, will be the- movement during the
coming reeks In the federal reserve note
circulation.
i. Recovery Strong,
The1 recovery on the Stock Exchange
bcati with the opening of business, and,
xrebf for an Irregularly distributed re
action, at the last continued throughout
the day. It converged principally on the
Industrial shares. In which tlxre were
vuleaces both of large buying back of
ati-ck' by rocent speculative sellers and
rf-pueehases, some of them hurried and
Impulsive, but tho numerous recent "sell
ers t6 establish losses."
"VVe have at all events, heard the last
of tfcjit extremely abnormal Influence -on
values, except Insofar as further pur
chase ' for replacement of capital may
conceivably be made hereafter. All things
considered, th character of today'a mar
ket, following the distinct and favorable
reversal of form In the two preceding
dayai Mi an Indication of possible Import
ance for the Immediate financial future.
No one who has measured the forces at
work on lire Inveatment market during the
last weeks of 1120 entertains any doubt
that the purely psychological Influence of
vague terror has played the larger part,
and ihat thia influence could not be re
vnftutifa AVMnt hv & rhanrc. however brief.
In the aspect of tho market Itself. It
was both proof of these facts and Inten
tion or the real position inai many mi-
tent advances should nave occurreo. in
v'a market for Investment bonds, in
cluding the government war loans.
New York Quotations
IH'4
73
!,
76
8J
IS
i
19
19
Is
84
66
39
82M,
274
89
23
29 Vi
35
116
- Furnished by Logan A Bryan, Peters
Trust building:
: BAILS.
, '. . Thura.
i - Hlch. Low. Close.Clos-
a:: t.' s.
Kaltlmoro & Ohio 117 3C 35K
Calisdlan Pacific. .117H
X. Y. & H. R.... 7a ,
Krle R. R 14tf
tit. Northern, pfd. 78
Chi.' Gt. Western.. 84
Illlnbls Central .. 86
Mo.,' Kan. A Tex. ,3
fC'C Southern.... 21
Missouri Pacific ,. 20.
N. T.. N. H. H. 19.
No. iPac. Ry . 85
Chi.. N. W. 67
Venn, R. R .. 40
heading Co, 85
C, n. I. P.... 28
So. Fac Co 101
Mouth, Railway .. 23
C. M A St. P.... SO
T.Hon Pacifls ....120
Wabash 8
-.. ' STEELS.
Am.'. Car Fdry.. 122 119 15114 11
Allis-Chalm. Mfg.. 3
32
801,
55
74
14H
V7V4
8
Vi,
2
19
1')
18
81
87
4.1
83
27
88
23
29
118 118 H8H
a " ' tt
73
14
76
SS
2
20
19
18
83
6T
39
83
27,
11
29
-Am.' lajco. Co
T;.. A. Steel Corp.
Bnldwm Loco. .
Beth, fiteei Corp.
Colo, Fuel & Iron. :
Crucible Steel ... 77
Aim.' Steel Found.. S0
Lack. Steel Co. ..62
Jitldvala Steel .. . W
Pressed Steel Car. 81
Hep. Iron & Steel. (2
Hallway Steel Spg. 80
Sloss-Snef. Steel . 50
V. S. Steal 81
COPPERS.
Anaconda Copper.. 31
m-Smlt. & Rfe. 36
Tlntte ft Sup. Mtn. 11 H
CWle Copper Co..
chlno .Copper Co
lumet & Ana.
splratlon Cons
19
40
82
H
Ilia ml Copper "Co. 15
Kev. Cons. Copper. 9
Ray -Cons. Cop. .. 11
Utah Copper Co.. 60
enneeott Copper .
80
29
83
54
26
71
29
50
30
79
89
80
47
7
83
9
18
40
28
1P
15
8
11
47
2
83
31
S
55
28
75
30
51
81
81 1
1
89 .
47
81
33
36
19
40
81
17
16
9
11
60
28U
81
29 V,
83
64
25
73
28
49
80
79
59
79
47
79
SS
33
9
9
18
40
28
15
14
8
11
46
Am. Cotton Oil Co. 18 17 1S 16
Am. -Beet Sagar.. tz 41 as
a., a. w. r. s. s. 77
Am. Inter. Corp,. 42.
Am. Sum. Too. Co. 76
Am.' Tel. Tel.. 54
Am. Z.. L. A S.. 7 .
Brook. Rap. Trans. ....
Beth. Motors .... S
American Caa Co. 26'
cnanoier Mot. car 64
Ctn. Leather Co.. 37
Cuba, Cans 8g. Co. IS
CaU Pack. Corp.. 61
CaLi Petro. Corp.. 26
Cora Pro. Rfg. Co. 69
Net En. A Stamp 49
Tie Rubber Co... 12tl
Oen. ' Electrle Co. 121 119 120 119
tieston W. A w.. 2 2H :s, 114
en. Motors Co.. 14
Goodrich Co 37
Am. H. L. Co. . 8
Kas. A Brkr. Car 57
V. 8. Ind. At. Cos.
Inter. .Nickel .... 13
Inter. Paper Co.. 47
AJax Rubber Co.. 80
Kelly-Spring Tire. 41
Key. Tire Rub. 9
Inter. Merc. Mar. 12U
Maxwell Motor Co. 1
INDUSTRIALS.
41
71
37
73
94
.
"i
15
63
24
19
69
25
7
49
10
IP
7
55
64
l-
46
25
38
8
35
76
41
74
9i
7
25
64
8ii
2X
60
25
68
4
76
87
73
(4 4
f
24
x
34
19
60
24
66
46
10
14
36
8
56
6
13
41
SO
40
1
11
13H
33
6
64
64
12
45
26
37
if
?
ilex. Petroleum ..159 154 u. 151U. 1K
Aiioai
13
35
8
10
75
States Oil.
rora OH
"Willys-Over. Co. ..
Pierce Oil Corn.-..
P. -A. Pet A Trans.
plerce-Arrow Mot. 20
Koyal Dutch Co.. 65
i;. S. " Rubber Co. (4
Am. Bug. Rfg. Co, 93
Ktaalalr O. A R.. 14
Boars-Roebuck Co.. 86
Strom. Carb. Co.. 31
Stude. Corp. 45
Tobt Products Co. 62
Trans-Con. Oil .. 7
Texas Co. ; 44
V. 8. J P. Corp.. 31
I. 8. S R. A M.. 32
hlte Motor Co.. 3
wusoa Co., inc.. 39
Vest Airbrake... . 90
oatarn Union ... IS
EL A Mfg.. 43
Woolen Co.. flu.
Total salsa, 991.10.
iloneV
Marks
StTllng
11
33
18
63
61
89
21v
94
29
43
60
42
18
36
4
38
,0
42
66
IS
31
E
10
73
20
C4
63
93
2:
96
30
45
61
7
43
20
J2
S
S
90 , 91
ee . . . .
11
33
6
9
72
17
63
60
90
94
29
43
49
42
1
30
34
36
ttVa
Thurt.
CIomx Close.
..7. . t.
6187
..3.64 164
Lendea Vkt.
1 lndon, Dec. 81. Bar Silver iu'id per
ounce. v
, "! ad lJUoount UncUaottd. .
Omaha Grain
Omaha, Dec. 31.
The market showed more breadth
and activity. Wheat was unchanged
io a cent off on the better grades
and a cent or two up on some of the
off grade samples. Corn sold a cent
to 2c lower. Oats declined a YiC to
lc. Rye and barley were unchanged.
There was a good demand for every
thing on the list.
These sales were reported:
WHEAT.
No. 1 hard winter: .1 car, 11.76; I cara.
$1.75.
No. 1 hard winter: I caas. 11.73: 1
car (loaded out). 11.73; 1 ear, $1.73: i
ears (smutty), 11.70.
No. 3 hard winter: 1 car. 91.71; 1 car.
11.70; 1 car (smutty),) 31.67.
o. 4 hard winter: car, 8171; 1
car, 11.68: 1 car, 11.66;. 1 car, 331.04 : 1
car (smutty), 31.64. v
No. northern spring: 1 car (dar1,
91.81.
No. 3 northern spring: I cara (dark),
3181.
No., t northern spring: 1 car (dark),
11.76.
No. 4 northern spring: 1 ear (dark),
11.67.
No. 5 northern spring:' 1 car (dark).
$1.(10.
. No. 3 mixed: 1 car, $1.71; car, $1.6S.
Sample mixed: 1 car (musty),) $1.65.
No. 4 durum: 1 car (amber), $1.60.
BARLExV
No. 1 feed: 1 car, 60c.
Rejected: 1 car (musty). 66c; 1 car, Bt',c.
CORN.
No. white: 2 cars, 59c: 1 car, 58 c.
No. 4 white: 3 cars, 68c; 1 car, 67c;
1 car. 67c. ' -
No. 2 yellow: 1 ear, 62c.
No. 3 yellow: 2 cars. 61c.
.No. 4 yellow: 10 cars, 58c; 4 csrs, 57e.
No. 6 yellow: 1 car, 56e; 1 car, 65c;
1 car, 65c. , ,
No. 3 mixed: 1 car,' 61c '
No. 3 mixed: 3 cars, 68e; ! cars. 6Sc,
No. 4 mixed: 1 car (special billing),
57c; 1 car. 57c; 8 cars. 66c.
No. 6 mixed: 1 csr. 65c.
OATS.
No. 3 white: I cara. 44c.
No. 8 white: 1 car, 44v .
No. 4 white: 1 car. 43 e.
Cample white: 3 cars, 43 Vic.
RTB.
No. 2: 1 car. $1.60.
Sample: car, $l.4T.
OMAHA RECEIPTS AND SHIPMENTS
(CARS).
Receipts ' Todav Wk. Aco Yr. Airo
Wheat 62. 22 ' 6:1
Corn 77 11 i 76
Oats SS " 81
Rye , 3 . , 6
Barley 3 .. 3
Shipments
Wheat 73 19 67
Corn 34 10 J I
Oata 10 3 8
Rye .. 5 16
Barley 7 1
PRIMART RECEIPTS AND SHIPMENTS
(BUSHELS).
Receipts Today Tear Ago
Wheat 380.000 1,325.000
Corn 721,000 1,097,000
Oats 476,000 761,000
Shlpmonts I
Wheat 641,000 744,000
Corn - 399,000 676.000
Oats 335.000 636,000
EXPORT CLEARANCES.
t Today Tear A so
Wheat 1,184,000 626.000
Corn 86,000 17.000
Oata ...... 120,000
CHICAGO CAR LOT RECEIPTS.
Week, Tear
Today ' Ago Ago
Wheat J 8 - , , 20 . 43
Corn .....304 17! 128
Oats -68 67 83
KANSAS CITY CAR LOT RECEIPTS.
Week ' Yeaf
Today Ago Ago
Wheat Ill 119 305
Corn 25 . 27 93
Oats 2 0 21
ST. LOUIS CAR LOT RECEIPTS.
Week Tear
Today Ago Ago
Wheat lit 126 76
Corn 23 ' 83 133
Oata S3 , 89 76
NORTHWESTERN CAR LOT RECEIPTS
OF WHEAT.
Week Tear
Today Ago Ago
Minneapolis .315 181 431
Puluth 41 63 4
Winnipeg 629 628 215
CHICAGO CLOSING PRICES.
Py Updike Grain Co., Doug. 2627. Dec II.
Bonds and Notes
live Stock
Receipts were:
Official Monday ..J
Official Tuesday
Official Wednesday.
Official Thursday ..
Kstlmats Friday ...
Five days this week
Same days last week
Same 2 weeks ago..
Same I weeks ago..
Same days year ago
Omaha, Dee.
Cattle Hera
7.169 6.748
4.688 13.763
3.737 13,110
1,694
800
6.764
6.000
18.278 43.379
13.688 32,410 ,
Sl.DUl so.sva
36,982 40,077
II.
Sheep
11.363
6.607
6.241
6,144
800
81,884
19,669
41,888
30.496
81,488
21.363 63,896
Receipts and disposition of live stock
at the Union stock yards, Omaha, Neb.,
for 24 hours ending at 1 o'clock p. m.,
Doccmber-31, 1920.
RECEIPTS CARS.
cattle nogs snsep
c r . fit ' T . . .
Missouri Paclflo
Union Paclflo
U. & N. W., east
C. N. W.. west
C, St. P., M. A O
C. B. & ., east.......
C, B. A Q., west
C, R. I. A P.. west
Innlnols Central ......
Chicago, Great West...
2
16
6
" 1
13
19
21
8
4
10
-
1
1
83
Art. Open. High. I Low. I Close. Tes'y.
Wht I I " "1
Tec. 1.71 1.78 1.71 1.78 1.71
Mar. 1.66 1.69 1.65 1.69 - 1.66
May 1.61 1.83 1.80 1.63 Ll
Rye.
Dec. 1.60 I 1.69M 1.66 1.66 1.60
May 1.43 1.44 1 1.43 1.44 1.45
Corn.
Dec. .70 .71- .67 .67 .71
May .74 .74 .78 .74 .74
July .71 .76 .74 .76 .74
Oata. I
Dee. .46 .48 .46 .47 .46
May .49 .49 .49 .49 .49
July .48 .48 -.47 .47 -.48?,
Pork. .
May 23.00 23.60 22.80 23.59 21.16
Lard.
Jan. 12.50 12.65 12.80 12.61 13.62
May 13.20 13.37 13.11 13.36 13.37
Ribs. i
Jan. 11.12 11.20 11.12 - 11.20 11.25
May 11.90 12.02 11.87 11.97 11.97
Minneapolis Oraln
Minneapolis, Minn.,' Doe, II. Flour
. Bran $26.009 27.00.
Wheat Receipts, 216 ears, compared
with. 43V cars a year ago. Cash No. 1
northern, $1.73 1.78 ; December, $1.66;
M3i, $1.66; May, $1.63.
Jjrn No. 3 yellow, 364e
Oats No. 3 white, 43044c
Barley 62076c
Rye No. 3, $1.82 1.63. .. -
Flax No. 1, 31.971.88. 1
St. Lools Grain.
St Louis, Mo., Dee. 31. Wheat De-
,C(n December, 70'o ' asked;' May!
Oata lecembr, 48c; May. SOftc.
Yaauaa ' 4PIA. aT
est vmm atj IgtSUI
Kansas City, Mo., Dec. 31. Wheat
l ij ' e-11' arcn, -11.61 May,
Corn December. 62c; May, $ .
Chicago Live Stock.
. Deo- ll- Cattle Receipts,
4,000 beef steers, 26 to 60o lower; others
and she stock, Blockers and feeders,
steady: bologna bulls, strong to 25o high
er; veal calvea, weak to 26o lower; ship
Z If ?Iv.'",.roni " eholco steera here;
talk; I8.00(l$9.6; choice bolognas, up to
$7.00; few head higher: Teal calvec to
packers mostly, $U.OO$12.00; select
shipping calves, $13.10 and higher.
- iW wuv lunar min yeateraay s
??-r15. butSler " "ot; closing 10 to
s t?f.iV- ,0D ,-6"i bulk,
88.8o$8.3,,; pjgS S6 to 40c lower: bulk
f9.75. l 1,,-0UBd '. .0
i.l'.p7iR61. mi fat hep and
lambs. 60c to $1 lower; choice fed west-
si EoSi.f ic. w"te . $4.50; built,
$1.50O$4.35; feeders, 38 to 60o lower.
Kansaa City Ut Stock. ,
TTai rifia rtt ts. m. ...
M92.0 higher;" uSHi lW t7 lo5
$.0b; bulST $3.8r59.'0.r P In 26c' ..w
r.r T,uu" "ccip, ouo head;
T. ? Ves. round 26a lower; 7o
ira ismDs, sio.7S. For week
to 60Pe hlghir."1""' "tC,,y: y"rl'n. 26c
..,. Slonx City Live Stock.
StMdv-.HeC.0.IPtS' '5' he1: mrk
! J?.''. .ed t'and yearlings, $6,000
13.00: fat cowa and- heifers, ft O0S8 OO
cannera, $3.0094.60; veali, $3 609 00
6.50; stockers, $5.00$6.60. v.wW
to 27?J??iptu 16,1"'': market 40c
mixed 'ToVlr h . J.ltgJ J,
bulk of ,.ir $8.608 7S! ,8-"-i
markn" .?".dymba-Rec,U- ,0 h"d;
Mr T..8iL JI, Stock. .
$3,501.10.00; calve.1. $6.0011 00. "T"
t H,,;rRcelpts. 8.800 head; market 10c
hJoweJ:,top- $8.80$.V:
m?,iT.p ""lLambs Receipts. 1.609 lea?
h'' ''
City Produce. x
, v,lJ'' W Dec 31. Eggs Twto
MBtuV.OrUnc1na.,dl,"05
JSjIpT""1'. ! . hither, llVlfe;
Kfiu. 'r!"- "6le:. springs, li
hbjher, 35o; turkeys, lo higher. 43V
?w.T,rk rld Frnit.
Dull r.,n:orieu Apples
Prunes Neglect- d.
Apricots Julet.
Total receipts 39
DISPOSITION HKAU.
Cattle Hogs Sheep
Morrfe & Co 114 510
Swift & Co 804 583 138
Cudahy Parking Co 213 8 48 695
Armour & Co 268 176
Pchwarta & Co 294
.T. W. Murphy 1432
Hold Packing Co 104 820
Lincoln Packing Co.... 3
S.i. umihi Pkg. Co 5 ,
Oirdon Packing Co 368
Illgglns-Packing Co.... 6
Wilson & Co 7
F. P. Lewis 9
J. B. Root A Co IS
F. G, Kellogg 1
Ellis & Co 4 ...
Baker 25
Banner Bros 25
John Harvey 101 ... ...
Swift, from Sioux City. ... -891
Other buyers- 57 ... 437
"Total .....1260 6021 1270
Cattle The supply of cattle this morn
ing was uncommonly light even for Fri
day, only about 800 head being reported
In. Packers appeared to have need of
everything that was In and the few loads
of desirable beef steers that were on sale
brought steady to strong prices, while
cows and heifers sold anywhere from
steady to 25c higher. Quite a few stock
ers and feeders were on offer and as the
Inquiry was very llcht the market was
extremely draggy and had a lower tendency.-
Two loads of very good bandy
weight steers brought $10.00 ond a few
head of yearlings sold as high as $10.50.
Quotations on cattle: Fair to good
beeves, $8.8510.35: common to fair
beeves, $6.768.25; fair to good yearlings,
$.oo9.50; common to fair yearlings.
$6.258.00; eholco to prime heifers, $7.25
6.60; good to choice heifers, I6.00tf7.2s:
eholco to prime cows. $7.3607.75; good to
choice cows, $6.007.00; fslr to good cows,
$5.006.76; common to fair oowa, $3.26
4.76; good to choice feeders, $7.7696.76;
fair to good feeders, $6.7697.75; common
to fair feeders. $6.606.60; good to eholco
stockers, $7.603.6;'fatr to good stockers,
$6.6097.6,6; common to fair stockers, $6.00
6.60; ftock heifers, $4.266.76: atock
cows, $4.0O6.00; veal calves, $8.0010.00;
bulls, stags, etc, $4.0097.00; good to
choice grass beeves, $8,00 9 $ 00: fair to
good grass beeves, $6.7697.75; common
to fslr grsss beeves, $4.606.60; Mexi
cans, $5.0096.00. N
BEEF STEERS. ,
No. Av. Pr. No. Av. Pr.
19 986 7 35 11. ..v.. 889 7 60
J4 1010 I 00 7 827 $ 35
28 993 8 60 23 1219 I 63
47 1041 10 00 8 1100 10 60
STEERS AND HEIFERS.
14 685 7 60 26 918 7 75
14 846 8 00 22. 970 8 60
YEARLINGS.
13 674 26
COWS
8 1022 60 - 15 .1074 6 75
7 1207 7 00 28 1002 7 26
7 1225 7 40
HEIFER8. .
8 638 4 26 10...... 611 6 26
16 640 $ 60 14 771 6 75
BULLS.
2... .1.1645 S 26
CALVES.
6. .....352 60 2 170 9 75
6 140 8 25 3 183 9 00
7 147 9 50 3 186 10 00
STOCKERS AND FEEDERS.
63 1027 6 40
Hogs Today's run of hogs waa limited
to 6,000 head, but none of the local pack
ers needed very many hogs, as killing
gangs will be Idle tomorrow, and the
trade ruled alow with a sharply lower
tiend to values. A few good butcher
hojrs sold early to shippers at prices
about steady, but most of the run had
to sell for slaughter at a general decline
of 35c to 60c Bulk was scattered from
$8.75 and on up to $9.009.10, with best
butcher hogs making an extreme top of
$9.25.
HOGS.
No. Av, Sh, Pr. No. Av. Bhe. Pr.
S7..S94 140 8 25 23. .879 320 8 40
68. .243 70 8 60 68.-264 110 8 65
65. .270 250 ' 8 70 S5..250 40. 8 75
71. .226 140 8 80 59. .244 ... 8 85
47. .209 ... 8 90 69. .215 ... 9 00
67. .266 ... ( 05 25. .166 ... 9 10
65. .225 120 9 15 53. .170 ... 9 20
60.. 283 ... I 26
Sheep and Lambs Only four single
docks of sheep and lambs were Included
In the receipts this morning and these
sold at prices little different from those
paid sit the low close yesterday. A few
fed limbs brought $10.00 and some good
ewes moved at $4.00. There were no
feeders of consequence on sale.
Quotations on sheep and lambs; Best
fst lambs, $10.00910.60: medium to good
lambs, $9.76910.00: plain, and heavy
lambs, $9.00'9.50j yearlings, $7.608.25;
wethers, $5.006.26; good to choice ewes,
$4.O04.25; fair to good ewes, $3.264.00;.
cull and canner ewesT $1.6003.50; feeding
lambs. $2.763.65.
Chicago Gfoin
By CHARLES D. MICHAELS.
Chicago Tribune-Omaha, Be Leased Wire.
Chicago, Dec. 31. An evening up
of .trades for the week and year,
cornbined with lighter selling pres
sure and improved stabilising re
ports on the part of strong local in
terests, sent grain prices higher and
made a close at moderate reactions
from the high point, with wheat up
1 hi to 2'4c, May leading. Distant
futures of corn gained ;4c, while
December was weak and 3jc Jcwer.
Oats were fjjc higher, except for
July, which lost lHc. Rye lost 4c
on December and gained Mic on
May, while barley, was li to lc
lower.
Provisions were higher, pork gain
ing 35c, lard 2yi to i Mc, and short
ribs were unchanged to 5c higher.
Strong Export Demand.
The Important factor In ths wheat
trude was the large e.port clearances,
1,166.000 bushels. The Kuod export de
mnnd at the gulf, the advance In light
weight wheat at Minneapolis, where re
cently BO-pound tests were 40c under to
tr.ly 14c under the March, and a good
milling demand was reported from all
purts of the country, with small stockn
of flour and wheat In millers' and dis
tributors' hands. The northwest is pre
dicting a shortage and the strong statis
tical position is an Important factor.
There was good commission house buy
In.); as well as by local traders, also buy
ing of March and selling of May on a
liberal scale, while cash houses bought
December. Wheat receipts were 9 cars.
December corn. went out at (7 He, or He
above the bottom. At the extreme In
side, prices were off 4o from the top fig
ure. The leading cash house bought De
cember all day and the discount widened
to 7 54c against 3c at the previous (lav's
close. The distant futures had good sup
port from the same interests, and they
gained fractionally. Export business was
28 loads at St, Louis, with some at other
pointa. -Cash prices were 296c lower,
with 236 cars In. The country offerings
were fair, but mostly above the market.
Oats Unchanged,
Trading In oata waa largely m buying
December by cash houses and buying cf
December and selling of May at l2tyc
difference, also the selling of July and
buying of May at 11Hc dlfferer.ee. Cash
prices were unchanged to lc lower. De
liveries were 488.000 bushels for the
month and 203,000 bushels for the day.
Rye trading was largely In changing.
December breaking 4o and closing at the
bottom, while May gained lVic. There
were export sales of 40,000 bushels at
83o over Maya shipment by ' January i
to Baltimore, with sales for all January
at. $ltto over.
Pit Notes.
No export sales of wheat were reported
at the seaboard or Gulf. Demand llmltod,
but measagea from New Tork expressed
the belief that buying would be resumed
next week. Chicago sold 40,000 bushels
No. 3 northern at equal to 7 cents over
March1, f. o. b. here.
Domeatlo shipping sales of cash grain
at Chicago were 30.000 bushels wheat,
76,000 bushels corn, and 37,000 bushels
oats. Sales of 60,000 bushels corn were
made to the seaboard, January shipment,
and 65,000 bushels were sold to go to
store. Deliveries on December contracts
aggregated 167,000 bushels whos 746,000
bud'.ela corn, 198.000 bushels oats, 116.000
buxhela rye and 16,000 bushels barley.
Premiums on red winter wheat at Chi
cago were 3 cents lower, with No. 1
nominally 3336c over December. Mard
winters, firm: No. 1, 74V10O over De
cember. No. 1 northern, 6 12c over, and
No. 2 northern, 210c over. Outside
markets were unsettled, Kansss City being
lj)3o lower, and Omaha unchanged to
la lower, while St, Louis wss unchanged
to 2o higher on red and 2c lower on
hard. Premiums at Minneapolis advanced
2c, with four cars Canadian No. 1 northern
sold at 20o over December.
New York Cotton.
New Tork, Deo. 81. After opening rather
easy at a decline of 10 to 20 points be
cause of weak cables, . elllng by Wall
Street and local liquidation, the New
York cotton market soon recovered, and.
In the case of Januaiy. sold 10 points over
last night close.
The market turned firmer during the
middle of the morning on covering tor
over the holidays and more trade buying,
which sent the price of January up to
14.34c and March to 13,85c, or 20 to "4
points net higher. The close was within
a few points nf the best, showing net ad
vances of 14 to 24 points.
Cash dividends distributed In the' final
quarter by 27 cotton mill corporations of
New Bedford amounted to 1 632,086, an
average of 2.7 per cent. The ti tal dis
bursement for the year was $8,678,466, rep
resenting 18.13 per cent on an Investd
capital stock of $56,832,000. In addition
to the cash dividends, the Nonqulet made
a stock dividend of 100 per cent and the
Mahomet -distributed a stock dividend of
66 2-3 per cent, representing $20,000,000,
in each case. :
Chicago Produce.
Chicago, Dec 81. Butter Unsettled;
creamery extras, 54c; standards, 47Hc
Eggs Lower: receipts, 2.478 cases;
firsts, 69H960ttc; ordinary firsts, 62
67c; at mark, cases Included, 61 9 57c;
refrigerator firsts, 66 0 57c; refrigerator
extras. 67 H 968c
Poultry Alive, lower; fowls. 2328c:
springs, 26c; turkeys, 40c.
New York Sugar.
New Tork, Dec. 81. The raw sugar
market closed at noon today and prices
were nominally unchanged at 4c for
Cubaacost and freight, equal to 6.39o
for Centrifugal. No fresh business was
reported.
Tho following quotations furnished by
the Omaha Trust company: Ap'ox.
. ' yield.
Price. Pet,
American TAT. Co. (s, 1922.. 93 9.36
American T. T. Co. 6a 1934., 93 8J0
Anaconda 6s. 192$ Slt 9.36
Argentine Sterling 4a. $436 perfSOO bond
Armour 7s, 1930 9514 7.70
Belgian Govt. s, 1926 90fe $.65
Belgian Govt. 7 Ha. 1946 6V 7.90
Bethlehem Steel 7s. 1923 9884 8.35
Bethlehem Steel 7s, 1993 94 W 9 IS
British 6Ss. 1933 94 8.40
British 6Hs, 1939 864 1.66
British 514s. 1937 6J4 7.30
C. C. C. & St. L. 6s, 1929 SS4 8.35
C. B. A Q. Jt. 4s. 1931 96 12.60
Cudahy Pkg. 7s. 1923 954 9.00
B Jf. Goodrloh 7s, 1925 9 13.00
French Govt. 8s. 1946 100 6.00
Japanese Govt. 4Hs. 1925 764 11.50
Japanese Govt. 4s, 1931 66V 11.25
Norway 8s, 1840... 994 8.06
Morris A Co. 7 Ha. 1930 94 H 8.36
N. T. Central 7s, 1930 1002 6.80
Pennsylvania R. R. 7s. 1930.,.. 103 6.65
V. 8. Rubber 7Hs. 1930 95H 8.20
Swedish Govt. 6s. 1989 78 i 8.30
Swift lc Co. 6s, 121 98 8.10
Hwirt A CO. TS, 125 , .. 4H 8.35
Western Electric 7s. 1936 97 7.75
Swiss Govt. 8s. 1940 7.76
Denmark 6a 1945
Weatlnghoust Eleo. 7s. 1931.
96Vs 8.30
944 7.60
Omaha Hay Market.
Receipts have been very heavy, but the
last few days country roads haro bean
so bad that very little' had was loaded
this week. The market has cleaned oft.
and prices are a little stranger on prairie
hay, while nlfalfa remains ateadv. Oat
and wheat straw are higher.
Upland Prairie Hay No. 1, $14.00
13.00; No. 3. $11.002.60: No. 8, $7,000
9.00.
Midland Hay No. 1. $I2.0013.60: No.
3. $10.00911.00. '
Lowland Hay No. 1. $10.00; No. t,
$8.0099.00; No. 3. 36.0097.00.
Alfalfa Choice. 322.00924.00: No. 2.
319.00922.00; standard. 816.00918.00; No.
2, 812.00914.00: No. . 3. 811.00913.00.'
-.?irAw0,t' I1S-0018.00: wheat, $11.00
12.00.
Foreign Exchange Kate.
Following ar today's rates of exchange
as compared with the par valuation. Fur
nished by the Peters National bank.
. . Par Vol. Today
Austria 80 .0026
Belgium ,13 .0623
Cjecho-Slovakla , .01 H
Penrfiark .27 .1580
England .......4.86 S.65
France 193 .0698
Germany .233 .0140
Greece 185 .0742
Italy .195 .0355
Jugn-Slavla .0071
Norway , 27 .1580
Sweden 37 .3070
Swltrerland 196 .1586
London Metals.
London, Dec. 31. Standard Copper
71. 17a,'6d; electrolytic, unchanged; tin,,
205, 15s; lead, unchanged; sine. 126.
Chicago Potatoes. .
Chicago, Dec. 31. Potatoes Stronger;
receipts, 2$ cars: Northern whit sacked,
$1.6001.65 cwt: bulk. $1.01.70.
Iloetoa Wool.
Boston, Dec. 31. The Commercial Bul
letin tomorrow will say:
"Business, aside fr.mi th governmeii,
wool auction on Thursday, has boon gen
eially quiet this week. At the govern
ment sal the entire offering wsa sold.
South American cross brads, which com
posed th greater part of the rtrlus.
selling well aa compared with th current
markets, although about a cent a pound,
below the November salea. Scoured wool
sold at advances over th November .sale
of 6 to 10 per cent."
Scoured basis:
Wisconsin 4 -blood. 9629c; H -blood,
24926c; 4 .blood, Slfl-
Texas Fine 12 months, 7680o; tine
sight months, 66960c.
California Northern. 7880c; mlddl
county, 76c: Southern, 66c.
Oregon Eastern No. 1 staple 8 no; east
ern clothing, 609660; valley No. 1, 66.
Terrlptory Fine atapl choice, 80ij'88c;
H -blood coblng, 66970o; i-blood comb
ing. 6066e; V -blood combing. 40 KM to:
fine clothing, 65o; fin medium clothing,
60956c.
Pulled:
Detain, ICo; AA., 75c; A. upers, (0
6O0.
Mohairs Best combine. 3032c; best
carding, 8627c.
nun's Trad Review.
New, Tork, Dec. 81. Dun's tomorrow
will sayi
"Tho year-end halting In business N
more marked than usual, but Indications
of Improved sentiment multiply. The
general situation contlnuea very uneven
and different trades and Industries have
apparently not yet reached the point
where a declalvs turn for th better seems
Imminent. Som Important baalo lines
have, however, gained a little In activity
and the -reappearance of a broader de
mand has given rlss to nior confident
hopes. One of the encouraging feature
Is the preparations now under way for
an early renewal of operations at certain
manufacturing establishments. While re
striction of output Is still the predomi
nant condition, the curtailment has been
checked at some places In the cast anil
wage reductions are not Infrequently be
ing accepted as an alternative to unem
ployment." . Weekly bank clearings. $6.682,231,66$.
New York Coffee.
New Tork. Dee. '81. There were rallies
In th market for coffee futurea today.
There were no rabies from Braall to
Influence sentiment either way and the
buying was attributed partly to covering
for over the holidays and partly to re
placing of long lines liquidated esrly In
the week. First prices wer 6 to points
higher, with March selling op to 6.4c.
and May to 6.68c In the lat trading and
with the general list closing at a net
advance nf 16 to 23 pointa
Closing bids: January, 5.94o; March,
6.44c; May. 6.88e; July, 7.26; September,
T.66e: October. 7.66c.
Coffee Spot Dull; Rio 7s. 6H0 t $tte
Santos 4s, 914o to 9ic.
Liberty Bond rrlces. ,
Now Tork. Dec. 81. Prices of Liberty
bonds at noon were: 3Hs, 90.13: first 4n.
84.70) second 4s. 84.40 bid: first 4'i.
86.10; second 44. 84.68;, third 414s.
8.50; fourth 44s, 84.68; Victory 3,
95.68; Victory is. $5.70.
. '
Linseed Oil.
Duluth, Minn., Dec. II. Linseed On
track and arrive, $1.99.
SERVICE
F 1RS7
SERVICE
F IRS1
The South Omaha
Stock Yards Co.
.
Extends to its friends and
patrons best wishes tor a
Happy and Prosperous
New Year
WE FURNISH THE FACILITIES
AND THE SERVICE
SERVICE
FIR S 7
SERVICE
FIR'S!
rrirnw null.
Raislna Steadr, . . . , j
