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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Jan. 25, 1921)
THE BEE : OMAHA. TUESDAY, JANUARY 25. 1021. ''i 4 Market, Financial ai)d Industrial News of the Day i Live! Stock l'.errlntl were Monday estimate ... 7, ion Stmt da tast vrk.... ,74S Same, da S wk. agk.lo14 Seme) tiny 3 wk. ago. T ITS iain day yr. ago. . .10,8i2 Omaha, Jan. 2. ( Cattle Hogw Sheep 8,4o 7,878 10.521 7,iic 17,Rf.S 11.8T8 4,8,14 5,111 Receipt and disposition of live aik at the Union Stock Yards, Omaha, Ne. for 24 hour ending at 8 o'clock p. m., Janu ary 24, 19:1: RECEITTS CAIIS. Horses & Cattle Hogs Sheep Mulct ('.. M. & P. H. ...U Missouri l'af-lfKS. . . S Vnien Paclflo ....58 A N. W, east., (1 t. N. W.. west.. 8 O., St. P., M. A O..U t, . A Q., west.. 85 '., R. I. P.. rant 4 '., R, I. P., west 1 Illinois Onttal ... '.! Chi. Great West... 6 17 Total receipts .897 1:4 30 2 DISPOSITION HEAD. Cattle Hogs Sheep Morris & On &9 1 44K 1441 Hwlft & Co 121 1411 S":t7 Cudahy parking Co, 828 1214 878 Armour & Co SiJ 1348 1832 Kchwart & Co S. 12J .... T. W. Murphy M28 .... Dold S4 1041) .... J.flwoln Pkg. Co lis So. Omaha PU. Co.. Hlgglns Parking Co. 60 Hoffman Pros. ...... K .... .... .1. Roth A Sons an .... .... tllassbere; 4 P. O'Dea 4 .... .... tVlson A Co - 67 W. R Van SuntftCo, 26 .... .... W. W. Hill & Co.... 140 .... V. P. Lewis r. 81 HuntalnKr A Oliver li .... ..r. J. 11. Jtoot A Co lfi .... .... .1. H, Bulla 174 .... " .... F. O. Kellogg..,..., ZlHi Werthelmor & Uegen 39 Kills & Co 1 Sullivan Bros 04 .... .Mi.-Kan. C. & C. Co. 67 aker 7 " .... .... Banner""ttroe, , . . . 8 .... . ... John Harvey 77. .... 5SS .Tonsen A Lundgren.. 84 : Ponnis & Francis... 17 .... .... Check & Krrbs 10 , Omaha Packing Co.. 14 Midwest Pkg. Co.... 1 Smiley 4 Other buyers 1554 .... 600 Totalv ...s... 7516 881 . 7085 47. . 19. . 19. . 2(1.... 1 -' . . . 11... ID 855 VJss Cattle: For the opening day of the week the run of caltlo was uf moderate pro 1'rtlons. about 7,200 head ' or some 2,500 loss than a week ago. Quality of the cf firings whs rather Indifferent na a rule, r.nd for this reason the movement was in clined to he rather sluggish, although anything attractive In the way ot either beet 'Steers or cow Btuff sold to better advantage thsh toward the latter part of last week anywhere from steady to 10J 25e--higher. There was little la the way of beet on sale good enough to sell over S'.SO and hulk of the corn fed etetrs went around, $7.004s.00. In stockers and feed ers there was little life but no parttculer change In price as compared with last week. Quotations on. cattle: Gcod to choice beeves, $8.769.2S: fair to good beeves, $V.80Qt.&8; common to fair beeves, $8.60 J&7.60; good to choice yearlings, $8.00'8 "b no; fair to good yearlings, $7.?5ifi)S.fl; common to fair yearlings, $6.90jiJ.25: choice to prime heifers (l.757 60; good to choice heifers, eo.75ti.7S: choice tc prime cows. J'l.50ifi7.00; food to chole? cows. 5.768.5; fair to good cows, $4-75 SC5.50: common to fair sows, $3.004.50; good to choice feeders; $7.758.50; fair to gcod feeders, $7.257.75; common to fair feeders. $6.00(7.00; good to choice stock fS, $7.5n8.25; - fwfr to good Blockers, S.7fi(87.60; common to fair stockcrs, $5.50 B6.80: stock heifera. $4.i6eS.0fl. stock cows, $4.00(t5.00; veal calves, $9.0010 5u; bulls, stags, etc., 4.6U(8)e.uo. BEEF STEERS. 7...... 717 7.25 ... ..104S 7. SO 32... .. 99 7.95 10... ..1213 8.25 11... YEARLINOS. .. 602 7.00 IS..., .. 786 7,50 10... HEIFERS. .. 547 4.60 25... .. 761 6.50 8..., .. 840 6.00 12... 844 7.6S COWS. ... v m .a .. I 110 D.OV n. ..... ..1114 8.0O 18. 970 ..1087 8.25 6. .....1113 . STOCKRRS AND FEEDERS. 2S 698 I.7S BULLS. 3 80 6.00 CALVES. . 444 6.00 I Hogs-The week opens Out with a fair run of hogs, about 8,400 head., and a slow, unsettled trade. Shippers bought a few hogs during early rounds at prices that were about steady, but local packers held off and managed to pilt- tip their droves on a slightly lower basis. The average trade was quoted steady to around a dime lower. Bulk of supply moved at $9.00 9.85 with top hogs bring ing ewes, $2.75(i3.50. . .HOGS. 8.50 .45. ...408 8.80. 6. .,.711 9. SO 90 178 9.80 74. ...227 9.40 71... .221 i:. .11. 24. ,. 618 ..1022 ,.1104 ,. 964 ,. 613 .. 718 . 541 ,, 722 998 5 7.75 8.00 1.60 T.S5 8.00 B.55 6.90 6.50 6.78 6,10 6.60 70 140 80 70 160 140 40 120 Financial By ALEXANDER DANA NOYES. New York, Jan. 24. The full sub scription to the $30,000,000 Belgian loan immediately alter the formal placing of it on the market was the typical incident of today's finance. There was no reason for expecting any other response to an offer of 8 per cent long-term bonds in a mar ket where the price of capital is fall ing and by a nation which, since the return of peace, has achieved politi cally and industrially, what has been achieved by Belgium. The importance of the incident lies, however, in the. impression which this initial experiment in the year's Euro pean borrowings may make oil the average investor's imagination The two obstacles which have long stood in' the way of our country's proper application of its capital to the task of reconstructing Europe have been, first, the fact that otif own available resources were so inadequate to absorb such loans that the price of the bonds would decline - after the subscription and, second, that the European governments would never pay baVk what they were borrowing. Kxcuae for Suspicion. For the first 6bJct, there was much ex cuse in the actual movement of last year's opeu market for several foreign boiuls. The second objection cannot, perhaps-, be wholly removed except by the action of the bond market itself. Not all Investors aro experienced Investigators of causes andl it wasv quite impossible tiurlng 1920, to convince a good many of them that a 10 or 15 point decline In the price of bonds of a first class European government resulted from abnormal Amer ican money stringency and not from sus picion of the borrowing goverments. It this Illusion la to he dispelled It will be done partly liy developments In Europe Itself, but very largely by til course of events In Wall Street. - Today's stock market sails for little comment. Transactions were iv,sa than hnlf what tlrey were In the artier days of the month, and price again reflected the more or lcs3 futile experiments of professional trailers. An early advance waa followed ly irregular reaction, leaving the day's net changes varied, but gener ally advanced. The movement of prices bore no relation to anything in- the news. Not very long? ago, for Instances, th'B American Weolen company's announce ment of another reduction In prices for some ef 11 'products would have, started a robust "bear movement" In the shares. Stock Market Neglected. 4, Today the stock was simply neglected; perhaps professional Wall street has learn ed that In the nrestnt WTflewhat unusual "situation the only sure path In many In dustries to revival of business,' reopening of mills and re-employment or lanor nas been the meeting of the consuming publie on its own terms. Recovery in foreign exchange continued today at a rapid pace. Sterling advanced 3 cents, tho French franc He and the Belgian nearly Me. Italian lire aroao sharply and even-the German mark went approximately 34C above last week's close. Most of these rates ended at the day's highest and all of them reached the high est ofthe year. At times the buying of exchange, es pecially Belgian and French, was reported to bo unusually large and of an excited character. Probably this means that spec ulation for the rise is taking a hand which l.i not altogether an advantage. I Nevertheless, the movement of exchange fV-l Important, not only as an ertect ot our market's attitude towards foreign secur ities, but n a potential cause for con tinuance ot that attitude. It disregarded the day'a 'Wall street money market, which waa nuotably higher, although the advance in rates affected only time loans on industrial collateral. I New York Quotations Rsnge of prices of the leading stocks furnl.hed by Logan & Bryan, Fevers Trust building: RAILS. Saturday - High Low Close Close A., T. & S. F MVi 83l 83Vt 8254 Baltimore ft onto. 3i si Canadian Pacific .116V4 115 N. Y. & II. 8.75 a i & !?5 I 8.33 .45 29. ...388 f,9....300 62. ...283 29....I88 72....S2S Sheep Something like 6.000 sheep and lambs jwere received today and packing demand was fairly active for all classes of fat gtock. Fat lambs ruled steady 4o strong with fat sheep selling at prices 2$60c higher. Best fat lambs here brought $10.6010.75 and heavyweights sold down arbumt $9.00. Fat ewes moved at $5.0ifj)5.50, tho latter price being top. A few feeding lamb went out at $9.50, about steady. vuotattona on sneep ana inmDs. fat lambs. $10.404l.t5: medium to good1 lambs, $9.60(6(10.25; plain and heavy lambs, $S.S69.25; yearlings, $7.007.76; need wethera, $5,258)6.25; good to choice ewes, $5.8696.60: lair to good ewes, $4.09 W4.50; cull and canner ewes, ji.au 3.00: feeding! lambs, $8.75 (ff 10.00 ink $9.58. - FAT LAMBS. 472 fed , 9 408 fed 88 feed- IS. 75 9.80 St. Louis live Stock. Kast St. Louis. 111., Jan. 24. -Cattle Rcccipls 4,500; steers stieBily, 1n spots strong: top $8.7: bulk. 7.25(ff 8.00: heiftrs. Siji. lower: cows steady, bulk.85.25 6. 25; catmers steady, hulk $3.25j)3.60: bulls steady, hulk $3.25iS 6.25; veal calf top $12.60: bulk $12.0012.60; stockers jml feedcra steady to strong; bulk $6.00 7.25. Bogs Receipts, 16.501; closing unevenly and about steady with Saturday's average: best 1308210 pound weights active and steady lo 15c higher: heavies, steady to i'oo lower: bulk lights and mcdiuiiX weights. $9.Sf8.75: bulk heavies, $9.0fli s.25; plas, steady tn 5flc lower; top, $10.00 for 170-pound average; packer owa steady: quality, medium to good with many southern hogs included, selling 50c to $1.00 below natives. Sheep and Lambs Receipts. 1.200; fairly active n steady to 25e higher; little Rood quality -here; lambs, top. $19.73 for short deck;" bulk. $10.35 for three decks of fair quality: ewes, top. $5.25; bulk, S4.50WJ.OO: common lambs sold at $8.6061 S.60 for bulk of rnu: fair clearance, Chicago Live" Stuck. I'hlcsge. Jan. 21, Cattle Receipts. 22. n0: beef steers mostly steady, epots strong, top, $9.88, bulk. $7.508.75: good and choice fat cows end heifers slow at Friday's prices, other graces, steadv; bnlk rows. $5.00.25; bulk helfer.-4S5.75!f'6.75; k Ml other clssses. Mrady: canners and cut ters Mostly. 3.2,Ui4.25: hulk bologna bulls. $5.4nC5 7i: few butcher bulls above t.9: veal calers to packers mostlv tn.eo H2.; bulk alocKcrs and feeders, $6.3 08.00. Hogs Receipt, SS.eoO: opened strong to higher, lights clored strong, others 10c in lScTpB'r than Saturday's average: top, $9.88. fctlkt J.09.60; pigs ateadv to strong, Itilfc fleslrable. 90 to 120-pounders, Sheep and i T.nmbe Receipts; 21,1)00; killing rlaeees rfoatly 55e higher; lambs top. $11.26: top Colorado. $10.75, bulk, 8l8.8A4ril.Oft lop yearling'. Hi). 35. hulk $.PJ9.Bt; top twee. $.t0, hulk, $4.25t.,f1 6.50; few Ssles ot feeder lambs, $9.25'JI 9. so, iook ateaay. KaeM City Mr Stock. Kani City, Uto.. Jan. 14 (U. S. Bu reau of Markets.) Ca trie Receipts, 12. 100 head; beet steers steady to 35c higher; heavy kinds comparatively dull; early aales mostly $7.?a$8.35; top, $8.50: baby beef yearlings, $8.73; fat she stock and calves, steady to strong; other ehe stock, $5.00Jr6.50: good and choice realers, $11.08 ftlJ.80: Blockers and feeders, steady to lowea; early sales, $6.268.25; can ners and bulls, steady. Hogs Receipts. 8.000 head: market, slowx 25fti35n higher to shippers; top, 3a.40f bulk of sales. $8.0tJ9.5; to pack ers. 10gi25c higher: best butchers. $9.20; good and choir fat pigs, $9.EOiff9.75.. .Sheep Receipts, 1.608 head; market, strong; fed western ewes, $5.35; lambs, steady, $10.35 paid, some held higher. St. J.xrph 1 Ive Stock. St. Joseph. Un Jan. t. Cattle .Re cupte. 3.3 head: market, steady to 25c btaher: steers, $j.5i 9.60; cewa and hcll tr. $T6nfos.: calves, ffi.ooti 11.09. H"S ricrfpty 5.0 head: inrlet, J'ronS in itM- ,gur; top $9.36; ' bulk, I9.jft,tl.8 Ches. & Ohio. Erie R. R. , Ot. Northern, pfd. Chi. (it. Western. Illinois Central . . Mo.. Kan. & Tex. Kan. City Southern 20 19 Mle-ouri Pacific .. 18H lSH N. Y., N. II. & II.. 20 Northern Pnc. Ry. 84 Chi. A N. W 68 Pennsylvania, R. R. 41 Reading Co M'i C, K. I. A4 P 2 So. Taclflc Co 97 Southern Railway. 23 Chi.. Mil. A St. P. 2Si Uilm Paciflo ....119 lis IVubash 8 8 34 34 1154 116 7154 Am. Car-Fdrv. Allis-Chalm. Mfg. 36 Am. Loco, Co. ..83 54 Utd. Alloy Stl. Cor Baldwin Loc. AVks. 90 Beth. Stl. Corp. .. 65 H Crucib. Stl. Co. .. 95 Am. Stl. Fdry. .. S0 Lack. Stl. Co. .. 63 Madv. Stl.-Ord. ..31 Press. Stl. Car Co. 96 Rep. Ir.-Stl. Co. ., 88 Railway Stl. Spr. 87H Slos.-Sbef. Stl-Ir. 63 V. S. Steel 82 COPPERS AnacOn. Cop. llln. 38 Am. Sinl.-Rfg. Co, 38 54 But.-Sup. Min. Co. 13 Chile Cop. Co. ... 12 Chino Cop. Co. .. tt Inaplr. Conn. Cop. 35 Kenn.. Copper S.. 20 Miami Cop. Co. 11 Nev. Con. Cop. Co. 11 Ray Con. Coo. Co. 13 Utah Cop. Co. .. 56 INDUSTRI Am Bt. Sug. Co. 47 Atl., (!.-W. I. S. S. 71 Am. Int. Corp. .. 48 Am. Sum. Tob. Co, 79 Am. Cotton Oil Co. 22 Am. Tel. Tel.. 99 Am. 7s. I.t. & Smlt. 9 Brook. Rap. Trans. 14 American Can Co. 29 Chandler Mot. Car 79 Central Leather Co. 41 Cuba Cane Sug. Co. 24 Cel. rackintr Corp. 62 Corn Prod. Rfg. Co. 7154 Pal. Pet. Corp 36 Nat. Exam. & St.. 69 Fisk Rubber Co.. 14 General Klec. Co.U'6 5i Gaaton Wins. A. Wig 4 Oen. Motors Co.. 14 Goodrich Co '41 54 Haskell A llrkr. Car 65 V. 8. Ind. lc. Co. Ii7 In'national Nickel 15 Internst. Paper Co, 61 'i Alax Bul'l.ef TVi.. 375 Key.Spriig-d Tiro 48 Key. T Ire A Rub. 12 Internat. Merc. Mar. Ki Maxwell Mot. Co., S Mexican 72 71 69 69 59 69 13 13 13 13 77 75 76 76 8 8 8 854 89 89 2 2 2 Zft IS 14 18 20 8254 67 41 83 2654' 26 26 9 7 54 96 22 2tt 22 28 Vi 28-" 28 119 54 11 8 8 5i STEELS. .124 1225 1J25 123 20' 82 54 68 4154 S3 59 13 76 8 S9 2 19 18 20 83 68 41 S3 82 884 64 i' 93 4 30 U 62 H SI 90 85 $6 52 814 3s 98 " 66 94 30 83 31 n S5i 87 63 82 36 8.1 32 88 65)i 9354 80 5 63 31 89 64 ( 52" 13 35 8 11 8 fc5 Mid. States Oil Pine Oil CO." ... Wlllvs-Over. o. Pierce Oil Corp. Pan-Am. Pet. -Tea. Plerce-Arr. Motor Roval Hutch Co, II. S. Rubber Co, 70 Am. Sug, P.fg. Co. 3',4 Sincl. Oil-Rtg. .. 21 Sears-Roeb. Co. 9S Stromb. Ce.rb. Co. 40 Studcbak. Corp. .. 5854 Toh. Trod. Co. ,.r.fi Trans-Cont. Oil .. 10 Texas Co 43 U. S. Food Pr. Cor. 25 V. S. Sm.. Rfg-Jtin. 34 The White Mo. Co, 39 Wilson Co., Inn. 48 , West'hsa. Alrbrk .... West'hse. F.l-Mfg. 45 Am. Woolen Co. .. 87 2:20 o'clock sales, 38. Money ' , Marks Sterling 38 58 5i 38 'i 3 7 54 38 37 13 13 13 - 11 11 . 11 226 2S .... 34 85 33 19 19 20 18H 18 18 ii 11 m8 13 13 1354 65 56 55 ALS 45H 45 45 68 54 68 69 45 45 . 47 79 , 79 78 20 52 99 99 99 9 8 I 3 1 3 1 4 28 28 28 54 69 sri 68 40'i 40 40 23 24 23 62 C2 03 ,70 71 701 , 35 33 35, I 60 60 61 14 14 14 126 Vi 128 54 124 4'4 4 4H lt'i 14 14 40 40 40 55 6 5 54 56 7-j 675, 67'i 15- 15 15 88 58 541J. 37 37 35 47 47 47"- I I 12 1 1 1 4 1 4 54 1 5 6 ' tl fi 1 .V 152 131J, 12 13 13 35 '.36 3S',i 7 -7 8 w. io 11 73 74 74 24 25 25 4 65. 63 87 68 y 68 93 ,3 92 23 23 23 91 ' 91 (3 39 40 65 66 5i 65 65 5$ 10 10 lf'4 42 42 .... 24H M 21 34 24 31 39 39 39. 43 43 .. 5 46 45 44 68 66 67 i,600. Sat. Close Close 7 , . ..8170. .0167', 3.79 3.7? fiioui City Live (Stock. Sioux City, 1 Jan. Jl. Cuttle Re ceipts, S.OOe head; market, strong to 16c higher: fed steers aud yearllncs, $6.00 ' 10.00; fat cows and heifers, $5.00i8.00: canner, $S.26$4,M; veals, $S.50iB'9,50: common calves, $4.00(f6.5O: feeders. $6. no 8.50; feedlhg enw sad heifers, $3.25 6.2.",; stockers. $l.507.0. Hogs Receipts. J.60O head;'" market fironic, 10c higher: slow" and very choice lights, $9.I0ti.9.ll; com mon lights, $K.90 9lil; mixed. $.il0fji9.2n: heavy, $8.90 1.15: hulk of Mlns, linn 9:9. Hlieep Kecelpti, 1,990 head; inarlirt. 10 ff:5c higher Omaha Grain Omaha, Jan. 24. Grain offerings today were in good demand witli higher prices. Cash wheat was up 2c to 3c. Corn ranged generally lc to I'iC higher. Oats ranged unchanged to J-c higher, generally c up. Rye was unchanged to 2c1 up and barley strong. Wheat and corn receipts today were fairly substantial. 'The U. S. visible supply of wheat de creased 2,276,000 bushels the past week; corn increased 1,879,000 bushels, and oats increased 577,000 bushels. - Export wheat business Saturday was placed at 1.250,000 bushels. Cy Russclls News Bureau: A Canadian mill sold 30,000 barrels of flour to the continent. WHEAT. No. 1 hard, 1 car. $1.74 (76 per centi dark, special billing): 3 cars, $1.63. No. 2 hard, 1 car. $1.76 (dark, special billing); 7 cars. $1.66; 1 car, $1.65: 1 car. $1.64 fswutty): l car, 83o (smutty); 8 cars, $1.62 (smutty). No. 1 hard, 1 car. $1.64: 8 cars, $t.6S: 2 oars. $1.82; 4 cars, $1.0 (smutty); S cars, $1.69 (smutty): 1 car, $1.57 (very smutty). No. 4 hnrd. 3 cars. $1.61; 1 car, $1.6 (smuttv); 1 car. $1.58 (smutty); 1 car, $1.61 (smutty); 1 car, $1.66 (smutty); 1 car. $1.65 (smiittyh-. No. 5 hard, 1 car, $1.60; 2 cars, $1.59; 1 car. $1.68. Sample hard, 1 car, $1.58 (smutty); 2 cars, $1.57. Nn. 8 spring. 1 car, $1.63 (northern). No. 1 mixed, 1 car, $1.83 (durum), . No. 2 mixed. 1 car, $1.59 (durum). a No. 3 mixed. 1 car, $1.62 (smutty); 1 car, $1.58 (smutty, durum); 1 car. $1.87 (durum). No. 4 mixed, 1-3 car, $1.60; 1 car, $1.58 (durum). No. 6 mixed, 1 car, $1.58; 1 car. $1.65 (durum). Sample mixed, 1 car, $1.68; 1 car, $1.64 (light weight). No, S durum, 2-5 car. $1.68. I No. 4 durum, 1 car, $1.58 (amber): . CORN. No, 8 white: - cars, 66c; 1 car, 51540. Chicago Grain Bonds and Notes No. 4 white: 5 crs, 62c. no. l yejiow: 1 car. eoc- 54c No. S vellow: 2 cars. 65c; E cars. 1 car, 5454c (special billing). No. 4 yellow: 17 cars. 52c: 4 cars, 81 54c, No. 5 yellow: J cars, 60 54c: 1 car. 60c. No. 4 mixed: 1 car, 66c; 1 car, 66c. No, 3 mixed: 1 car, 55c; 1 car, C5c (near white); 8 cars, 54c. i No. 4 mixed: 11 cars. 62c; 3 car, 5154c. No. 6 mixed: f caiv 52c (dry); 1 car, 50c; 1 car, 60c. - OATS. ' . ' No. 2 white: 4 cars, 4c. No. 3 white: 18 cars, 40c. -s No, 4 white: 1 car, 4o. No. 2 mixed: 1 car, 4 0 54c. RYE No. 1: 1 car. $1.63. NO. 3: 3 2-5 cars, $1.62j' 1-5 car, $1.62. No. 4: 1 car, $1.6L Sample: 1 car. 11.51V. r- BARLEY. No. 4: 1 car, 60c. Rejected: 1 car. $1.68 (musty). Sample: .1 car, 69c. FRLMARY RECKTPTS AND SHIPMENTS. (Bushels.) Receipts Todav Wheat 2.402,000 Corn ;.T,593.0no oats 1,177,000 Shipments Wheat 1,P22. 001) Corn 792,000 Oats 3,000 EXPORT CLEARANCES. Toda y Tea r A go Wheat 1,686,000 276,000 Corn 628,000 51,000 Oats 4 61.000 - CHICAGO CAR LOT RECEIPTS. Week Year ' Today Ago Ago Wheat 17 29 14 Corn 433 229 107 Oats 85 74 53 OMAHA RECEIPTS AND SHIPMENTS. , (Cars.) Yenr Ago 1,426,000 1,094,000 886,008 604,000 453,000 5S5.009 By CHARLES D. MICHAELS. Chicago Tribune-Omaha Bee Leased Wire. Chicago, Jan. 24. Highcs prices for all grains were made today and while the close-was not at the best prices, there were gains 'of 3,'j4c on wheat, 7-8 to lc on corn. 3-8 to Y-c on oats, l'.'t on rye and YjC on barley. The traders seemed more disposed to cover previous commitments than to make new ones, as several of the largest of local professionals werfc the best buyers of wheat and corn and largely responsible for the up turn in prices. With the buying came that of sniallcroperators who were taking profits or limited losses, and the markets were regarded as having been oversold on last week's break. Wheat receipts, 49 cars. (iood Support for Corn. Corn had better support and while fu tures closed higher, low grades sold at greater diseount than heretofore, with No. 4 grades at 9c under May on track. Commission houses were . good buyers, while the selling came from operators Who worked on the big receipts, 4,682 cars, the largest of the season. To have the prices advance was a surprise and showed an oversold market con dition. Hedgers were liberal sellers and supplied most of the grain taken by those covering trades. - Export bids declined 54c with 100,000 bushels sold here to the seaboard and 21,000 to the domestic trade, with prices lc higher at the close. Local s torn 3 increased 909,000 bushels for the week. Oats had better support and closed at the top with fair gains and less pressure) as prices are so low that operators are going slower. Cash prices were jip,- c and shipping sales 24,000 bushels. Stocks are increas ing and arrivals w)pre 242 cars. Rye was hard tobuy, as offerings Were light. Export bids met with few re sponses from sellers. The visible de creased 46,000 bushels. " f Flax seed was slow sale at $1.95 for No. l northern. Pit Notes. News In wheat was not of the character to create enthusiasm among the buyers for a big upturn, and greatly to their sur prise values advanced 4 54 to 6o over Sat urday's close, with the finish to lo under the top. The buying started With the cash houses, as they had seaboard orders, and while It continued for a time ana took the surplus off the market, the new export business reported was light. . Reports of Improved business conditions In many lines as reflected by the various newspapey reviews combined with lighter country offerings and decreasing stocks had a strengthening effect on values. Chicago stocks decreased 71,000 bushels last week and are 881,000 bushels. In the. visible supply there was a reduction of 2,760,008 bushels against 2,907,008. bush els last year, making the total 35.318, 000 bushels against 64,182,000 last year. Export clearances were 1,536.000 bushels. Export demand Tor cash wheat at the seaboard was very dulL,wlth sales of only 50.000 bushels reported.' There was some Vthfn wheat sold nrom Minneapolis to the gulf and somo durum from DUluth td the cast, but quantities were not given. France asked for offers Af 900.000 bushels of wheat over night, presumably for Ship ment to North Africa. Premiums on cash wheat showed no change hero with No. 1 hard, 8 iff 9c and No. 1 red, 18230 over March. Receipts, 29 cars. Outside markets were stronger with red winter at St. Louis l2c and hard. 3 4c higher. Omaha was 2jf 3c higher and Kansas City 24c higher on hard winter. Domestic shipping sales of ca3ft grain at Chicago were 10,000 bushels wheat; 21, 000 bushels corn and 24,000 bushels oets. A car of No. 1 dark Canadian northern wheat was received and sold at $1.84 on track. The following quotations furnished by the Omaha Trust company; ' Approx. Price X'ld i, American T. A T. Co. 6s, 19SJ 7.00 American T. A T. Co. 8s, 1924 87 5 7.0.'. Anaconda s, 1429 88 8.05 Argentine Sterling 4s .. ,$!5 for 508 bond Armour 7s. 1930 Belgian Oovt. 6s, 1925 Belgian Cot-. 7 5s. 1945.... Bethlehem Steel 7s. 1922.... Bethlehem Steel 7s, 1923... British 6s, 1922 British ls, 1929 British 6s. 1937 C. C. C A St. L. 6s, 1929 C, B. A Q. Jt. 4s. 1921 Cudahy Pkg. 7s, 1923 B. F. (.loedrlch 7s, 1926 .... tf ranch Uovt, 8s, 145 Japanese Govt. 4s. 1936 .. Japanese Govt. 4a, 1931 .... Norway 8s, 1940 Morris A Co. 7 54". 1930 X. T. Central 7a, 1939 Pennsylvania R. R. 7s, 1939. U. S. Rubber ts, 1930 .... Swedish Govt. 6s. 1839 , Swift A Co. 6s. 1921 Swift A Co. 7s. 193S 98 . 91 . 7 . 9 . 98 . 96 . 89 . 8k . 91 . 98 . 18 . 91 .lo . 79 . 0 .100 . 99 54 .101 . W4 54 .100 . 63 . 99 97 Week Ago 159 162 .16 NTg. Year Ago 54 152 u 2 Receipts Today Wheat 118 Corn 125 Oats i 37 Rye is Barley 6 . Shipments Wheat 83 69 82 Cern 86 - 7 6 Oats .....i 24 T 6 30 Rye : 0 1 . 1 Barley 0 1 0 KANSAS CITY CAR LOT RECEIPTS. Week Year Today Ago Ao Wheat 63S 697 334 Con 163 HI 61 Oats 61 37 U ST. LOUIS CAR LOT RECEIPTS." Week Year Today Ago A go Wheat .....324 262 ,- 80 Corn 29T 166 I 191 Oat 186 119 13S NORTHWESTERN CAP. LOT" REC1SIPTS OF WHEAT. j 4 Week 'Today Ago Minneapolis ..616 4:13 Duluth 34 266 Winnipeg' 573 5S6 V C. S. VISIBLE BUSHELS. Today Yr, Ago Wheat 55,878,000 03,152.000 Corn i. . 9.788,000 3,496,000 Oats 32.877,000 11.661,000 Year Ago 457 i 3 176 OMAHA STOCKS BUSHELS. Wheat Corn . Oats . Rye . . Barley Today 1,109,000 689,000 1,146.000 40,000 36,000 Yr. Ago 3,235,000 542,000 203,000 234,00(1 10,000 Baaed on the average consumption 1909 13, less the estimated production In 1920, Belgium, Denmark, France, Holland, Nor way, Portugal, Spain, Sweden .Hwttierland, Germany and the United Kingdom have theoretical import requirements of 768, 900,000 wheat and 287,00,00 bushel of rye. To offset the needs 728.000,800 wheat and 84.000, 000 rye ere available In export count oles exclusive of Russia. This, to sdms extent, explains why the demand is so persistent for wheat from the United Slates. The demand is also due to the position of Argentina and Australia which have practically I completed the harvest of the new crop, but are not ss yet In a position to export freely. Canada. will not be available as a supply snurca until lake navigation opens tn the spring. This leaves the United States as the fcjg country from which to draw supplies, particularly for Immediate requirements. ' Export buying of last week was of un usual volume for this time of year.-Ger-many, Greece, Italy, Switzerland and Scandinavia 'Were all in the market. The sharp advance ,ln foreign exchange rates was a good help to the export trade. It is said that between 60,000,000 and 60.000. 000 bushels ot wheat has been sold for export that hs not cleared. A downward revision of wheat sup plies In part of the leading surplus produc ing countries Is necessary as a reduction of 30,000,000 'in the Canadian crop was officially given last week. This with 20, 000,000 lest In the Argentine estimated early estimates of the surplus of the four leading exporting countries, nearly 75.000, 000 bushels. The United States ehd Ca nadian supplies, based on the latest, re turns .aggregate 1,218,000,000 bushels. Home requirements are 725.000,0(10 bush els for the two countries. AllowlKg tor a carry-over of 75.O00.OOO bushels in the United States and 10.000,000 in Canada, 438.000.000' would he left. Exports have exceeded 262.000,000 bushels from the twr countries so far and there la left en ap parent surplus bf 146,000,000 bushels for disposition the balance of the season. Al lowing for the clearance of sO.eoo.OOO bush els sold, to go out, a close adjustment for the balance ot the season remains. Minneapolis lrnln. New York. Jan. 24. Flour Unchanged. Bran 127. 00 28. 00. Wheat Receipts, 616 cars, compared with 435 cars a year ago. 'Cash No. A northern, $1.68 t l.tJH ; March, $1.81; My,$t.69. Corn No. 3 yellow, 68 64c. Oats No. 3 white, 384t?390. Barley 44J68c. Ry No. 2. $1.66 t. 87. Flax No. 1, $1.88 9 1.89. Visible rain Supply. New York, Jant 24. The visible supply of American and bonded grain shows the following rhsngrs: Wheat decreased 2.276. 00n bushels, -Corn Increased 1,879.000 bushels. Oats increased 877.000 bushels. Rye decreased 48,000 bushels. Barley decreased 25,000 busheV St. Imiils drain. St. Ijjuls, Mo.. Jan. 24. Wheat: March, $1.73; May, $1.63 btft. Corn May, 69c hid; July, 71c. Oats May, 4i bid. Kansas City fcrnln. Kansas city, !.. Jan. !4. wheat March. $14; May, $1.57 .. , Coin March, 6354c; May, 65'4c; July, 6c . New York Sugar. New York. .Inn, : 1 lie local raw sugar market was unchanged at Hv (or 'hI and .freight, enu-il to $5.:,9 for ccutrifugil. Th:re e-ere no ,-,lca re,oiie,l, nltbouah huliWs nera mill uff.ilni; ut 111 sum level. CHICAGO CLOSING PRICES. By Updike Grain Co.. Doug. 2627. Jan. 24. Art. I Open. I High. I Low. I Close. I Yes'- AVht. Mch. May Rye. May July Corn May July Oats iflay May July Pork .Tun. May Lard Jan. May Ribs Jan. May I. 1 68i;i i.7ii l.67'l 1.71 ' 1.58541 1.6 2 541 1-68 1 J.fllr 1.48541! 1491 1.48 1.48 1.31 1.31 1.31 I 1-315? .68 .69 .9 .70 .6854 .68 .44 .44 .44it .44 .44 .44 .44 54 .44! .44 123.: 23.6 lis.: 113.1 123.50 23.60 113.23 113.87 112.10 12.75 123.50 23.60 113.12 jlS.77 112.10 112.65 .895.1 .70 .4,' .44 .44 123.50 123.60 13.15 . 13.80 112.10 12.61 l.T 1.68 1.47 1.30 .88 .69 M .44 M'.i 23.60 23.65 13.10 13.7? 12.02 12.72 Turpentine' and Rosin. Savannah, OS., Jan. 24. Turpentine- Quiet, 92c; sales none; receipts, 1 barrel; shipments. 228 barrels; stock, 15.083. lilosin Quiet; no sales, fecelpts 7 casks; shipment, 20 casks: . stock, 83,809 caske. Quote B. D, E, F, O, H, I, K, M, N, WG, WA, $11.00. . Chicago Potatoes. Chicago. Jan. 24. Potatoes Unsettled; receipts. 106 cars; northern white, sacked and built, $1.201.2S cwt; Michigan, $1.15 1.30 cwt. 8.90 8 63 7.77 T.5 7.85 9.35 7,25 ' S.S j 7.46 S.45 7.63 9.75 8.00 11.05 10.45 8.00 7.55 6.73 6,35 7.45 7.75 6.73 7.65 6.9:. 7.13 8.15 7.10 Jiew York Wilton. New York, Jan. 24. The New Tork cot ton market was very Irregular during to day's early trading. An early decline in Liverpool was followed by sharp rallies and the market opened firm at an advance 15JM3 points, but soon weakened. March broke from 14.75 to 14.45. or bark to Saturday's closing price, while Mav'sold off from 16.06 to 14.67c. The census, reporti showing 12,018,45- bales ginned prior to January 16, was Just about as expected. On covering, trade and Wall street buy ing prices advanced 40 to 66 points around midday. Continental and-domestlo trade interests were credited with buying on the early decline. The midday advance extended to 45 to 8 pelhts. On the general list, prices held within 10 or 18 points ef these figures In the aflerhoon with business quiet. SWUt & l-O. 1. "in Western Electrlo 7s. 1935 X,.100 Swiss Govt. 6a, 1940 ,. 10254 Denmark 6s, 1945 Westinghouse bilec. 7s, 1931., 99 99 Liberty Mond Prices. V, New York, Jan. 24. rrlces bf Liberty bonds at noon were: 3s, 92.10; first 4s 87.80 bid; second 4s, 88.00; first 45is, 88.10; second 4s, 87.98; third 4s, 90.92; fourth 4s, 88.26; Victory 3s, 87.22; Victory 4s, 87.21. . Liberty bonds closed: 3s, $92.06) first 4s. $87.60 bid; second .4s$87.90c; first 4S, $88.00; second ilia, $87.96; third 4s, $90.96: fourth 454s, $S8.32: Victory 3s, $47.26; Victory 4s, .$97.26. - Foreign Kxrlniuge Kales. Following are today's rules of esilninste a compared with Iho oar valuation. Fuin wli,l liv the Utters Nntintuil batiK. Par Valu'alioa Today Austria HO .c2 Belgium 195 " i'i tin. sllnvukla. r .OHO l-onmark S" . ' irnul.tiil 1.16 J.80 Kranc ,193 .11108 lormanv i" n"l Crepf-a t'5 .i Italyi I9i 0-'"0 Jimo-Rlavla .0078 Norway .194-i Poland -00 Sweden 27 ,:ii.'i Swli norland .list New York Dried Fruits. New York, Jan. 24. Evaporated Apples Neglected; California, 7-sc; atato, tu l"c. Prunes Steady; California, 4lic; Oio gons. 1l14c. Apricots Quiet: choke, 26c; extra choice, 37c; fancy, 31c. Peaches .Inactive: standard, 16c; choice, 18e: fancy. 19W21c. Knisins Quiet: loose muscatels. 24 tf 36c; choice to fancy seeded, 2425c: seedless, -afe-io. Crude Oil Drops. Tulsa. Okl., Jan. 24. Tho Prairie Oil and t.as company today announced a cut of 60c oer hb!., effective at onee, In the price of mhlcontlnent crude oil. This ef fects all crudes in Oklahoma, Kansas and Texas, to Kansas City Produce. Kansas City, Mo. Jan. 24. Eggs Jc lower; ftrsts62fl!53c; seconds. 4tc, Butter Unchanged; , creamery, 62o; pecking, 17C. Poultry Unchanged; hen, 27c: springs, ESc; roosters, Mm 21c; turkeys, 4l'c Bar Silver. New York, Jan, 24. Bar silver, domes tic, 99 e; foreign, 66 c; Mexican dollars. 50 c. For several weeks South Side po- 'iLtaf have been on the lockout for H.f . I I "if.... , .... t r- f , , Lean .Miner, in, son pi tins Miner ot Hiawatha, Kan,, who disappeared from his home and who, his parents believed, had been kidnaped because of his inheritance of titles Jo vast oil lands in Oklahoma, ( Sunday night the police found the wandering 'heir. They had been no tified of his appearance and picked up a lad at Twenty-fourth and M streets who answered his descrip tion. - i "Yep," said he. "I'm Carl Miller of Hiawatha. Kidnaped? Naw, just wanted to get out and see the world a bit. llaier? Yep, I'm due to fall Into some oil 'dough' if they make a lucky strike." The wandetintr ireir is being lield at South Side police station until 4iis father arrives to take him home. South High Graduates to Hear Baccalaureate Sermon Graduation exercises for the een- Unseed 4)11. Duluth. Minn., Jon. 24. track and to arrive, $1.91. Linseed On TOCC L. but eaual rsxE to a costlu Investment Service "ITsbnet- is twice-s-month toaaasia that will keep you ported on latest aews el hiAh-srid. secori tfas. It contains ae "tips,' and noth tnft. tfcat Will precise a hort ra t to wealth, birtcostainsreusble informs, tieatoiWpjTOclwossthemostimm abtoisTSBtawnts. "Iavestment will thowyoa knw to inrsst iwofitaMy one (MOtMy basia, It U etpuu to a costly investnent rie, f' bet we send it FREE. Wnta today. K1UEBEL & CQ rni-raunoitoantrrs 137 S. La Salle St a" " rll gCffiSrSl )) V ' VgJilbSNAL CITV KHE Pacific Gas & Electric Co. 20-Yr. 7 Gold Bond In $500 and $1000 denominations One o the largest and most successful electric light and power, and gat, corporations at a price to yield about -.7.10 Circular onrequeBt for O B-3C6. IheNationalGty Company Omaha First National Bank BIdg. Telcphone Douglas 3316 At Sy-ndicttttsMcmbera We Offeiy New Issue Kingdom of Belgium ExternaKLoan - 20-Year 8 Sinking Fund Gold Bonds at Par And Interest Burns, Brihker & Company Bonds and Stocks for Investment. OMAHA. x 3. W. Corner 17th and Douglas LINCOLN. 50S Little Building. New Belgian Govt. 8 Loan Being member of the Underwriting Syndicate, we are accepting, tubjsct to allotment, tubtcriptiont at par and interett. s v, Affiliated With The Firtt National Bank V To the 1,400 Telephone People in Omaha The co-operation of your com pany makes it easier to save now, than ever before. . . Have you opened your savings account? One Dollar will start an account in our Savings Department. s Our officers will be pleased Jo have you tsori- t suit tHem in regard to your bariking needs and will assist you in arranging to save. By availing yourself of the experience, the facilities and the helpful service of this bank you can make the best use of the opportunity; your company has offered you. United States National Bank "S. N. W. Corner . v 16th and Farnam Streets. The Bask of PERSONAL Attention. v ':'- South Side Missing Youth. Heir to Oil Lands, Found Here ior claM of the South Hivh school t will he held in the Central High audi torium January 28 at 8 o'clock. Tho junior-senior reception vai held at the Blackttone hotel Wednesday night and Friday was ohsfpved as Senior day. The Rev. R. L. Wheeler preached the haccalaureatc( sermon m the high school auditorium last night, ' .i . South Side Brevities Illinois coal, $11. Mnwland Lumber ft Coal Co., phone Houttl 1814, Advertisement. The KnlRhls and Ladles of Heemrlly Initiated a large .luvenlle class ut a meet ing at Kugio null f rmay evening, The South Bids IV.' C. T. U. wilt hold sn all-day session, beginning at 11 a, in. Wtdnesdoy at the home of Mrs. 11, C. Uanlng. 1718 North Fortieth street. The Woman's Aid aywlrli of ivhoeler , Memorial rreabytoilan uharrh met Wed nesday afternoon at theiome of Mrs. A. a. Lehnier, Bouth fclueleentu street. The Cmlalvy Puritan ami Athletic club will give a theater party at the tlrphcum theater Wednesday evening. Thla la the flrat of a series of theater parties that tho club espect to give this winter. Through parties, danced, athletlo meets, picnlca and outings tho club expects to rromoto goodfellowahlp and a closer relationship between the employes of tho Cudahy racking company. i,i 1 4'hlcago Troduce. - Chicago, Jan. St. lf'Xtot l'lrm; cream, try extras, tic; standards, 45c. Eggs Lower! receipts, 8,602 esses: firsts, 8354o; ordinary finds, 6061fi at marh cases Included, 81 J62o. Poultry Alive, hlglitr; fowls. 30o; prlugs, 17c. We offer New Issue $30,000,000 Kingdom of Belgium Twenty-Year, 8 Sinking Fund Gold - Bonds ' , I -Due February 1, 1941. ' Payable in United States Gold Coin. - Entire Joan to be redeemed by Sinking Fund at 10l. Price 100 and Interest To yield from 8.16 to 9.22, according to date of redemption. v. r1je Trust Company (Jmaha National Bank npltrOlOO MM I XiJt I ( r Invest in the No. 13 r. Every young man should aim to accumulate enough capital to maintafn himself and his dependents when he reaches the age of physical disability. ( We have prepared a book- let on this subject, entitled "How to Become a Capital ist." T I wish that such a booklet J jhad come into my hands when ' I first started to work. You may have as many copies of the booklet as you , desire. .Write or call. Real Estate Mortgage Securities tmnud end cdminutrd by r- TfomeftmlderS C C SHIMEJt. Prstidss G. A. ROHRtOUCH, STi At$Ovr f 1.400,000 Call a! ta& the ssatter ver American Security Co., Dodgt, at I8th Doaglmt S0t3 Ohsaaa - - 1 Service... tn 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 to All Offices Except Kansas Crij) Omaha, Nebraska Lincoln, Nebraska Hastings, Nebraska Chicago, Illinois Sioux City Iowa Holdrege, Nebraska, Genera, Nebraska be Moinet, Iowa . Milwaukee, Wisconsin Hamburg, Iowa Kansas Cjtv, Missouri Wt SOLICIT YOUR f Consignment! of All Kinds of Gram to OMAHA, CHICAGO, MILWAUKEE, KANSAS CITY and SIOUX CITY Every Car Receives Careful Personal Attention g The Updike Grain Company ' X THE RELIABLE CONSIGNMENT HOUSE v