fl THE BEE: OMAHA. SUNDAY,' JANUAKY 30, 1921. 8 C f i, Hi if If 1 11 TI Market' Financial and Industrial News of the Day live Stock rteeeipts were: Official .Monday . . . Official Tuesday .. official Wedntadaj. Official Thurartay. Official Friday . . . s-tlnmte Saturday Six das thrt wk. Sinn days' laat k. Same 3 whs. ago., 'miif I wks. ago. . Sum j r ago ... Omaha, Jan. t. Cattls Hogs Sheep ?. I,MI .'.') v,;7 jt,:u 13.sji T.nis lo.so: K.tiit 7,584 14. 4 I'.'JIO 17,S3li 3.80 75 7,500 301) SI. 811 80.81 47.612 88.S4I! 74 657 CO. 563 83.840 (Mill Sl.O'JS 27,7:2 4H.1-J3 2,lo 39.4:4 88,458 48.888 T;repi ami disposition nf live, stock ' tli Union Block Yards, Omaha. Xeb., I - H hnnra ending at 3 o'clock p. m., ; tiuury till. 11EOKIPTS CARS. Hum ShP- II. M. '!-iourl Pacific i :il..n Pacific -i Omaha Grain ! V ; financial, " : New York Quotations 1 1 Chicago Grain Bonds and Notes n w., t. . 1 ; '. N. Vv, rant 4tt .1 '.. St. I'.. M. O j '., It. & anal H 14. i., weal j 1" '., . rk T. A P.. east. . 3 i i n. i. p.. wot. i : llinols Central r hi. Ut. Western . . . 4 ' j, Vo'lsl Receipts 1 3 : i Omaha, Jau, 29. Wheat offering today sold slowly. fThe market was off 2g3c. Corn ranged ltg.-'c lower, gcnera'ly VAc off. Oats declined a cent. Kye was off 2c and barlcv 4c, A Baltimore wire stated that export demand for . r . . ... 1 ' WUCat was Slow, vran uuvcrs uuiu- ing off. Broopihall's agent at Mel bourne, Australia, cabled that the crop of wheat there was practically assured, .with the quality of the crop excellent, and that an exportable sur plus of 90,000,000 bushels will be forthcoming. WHEAT. ais. St. 6 Ksnie of priee of tlia leading stocks j furnished by Logan & Bryan Peters - Trust building; I nA ii.s. i iT FYANDF.R DANA NOYES. i - High. Low. cloae. J"'- ! " j i ,, rnny Chicago Tribune-SKmahil Bee Leasee Wire, i A , T 4 s f i S :' S3. o. a day' twecn the exchange DISPOSITION II rAi. 'una 'o i . f l A t'o t'mlahy I'nek-lug Co. Armour I'o. SL-i-. Ki-t Si 'ii .( , V. M-.irphy Odd Packing Co. . . . . . Sol) . . 8 . . 1. 30 . . 1.551 . . 191 ..2,i: . . ." 0.974 v Tolal i-H. jn o i 1 1 of any consequence iicrr rercivnl today, tha market belug eomlnally steady. At rivals for tho vrrok are s:.ni m aR.-jliiKl oil, 300 a e Hft tcm dcclinrd very sharply tlia lat hi. If of ttv- trick mi') r cKiiing" SotfJ ;;,r lowfi lUiiit a vevk ko. tho xlump i ..it fit,, ffoml hruvv ittlf Tow '" th ck was $.&0. at j OifAItA ' KEOKilfTR AND SHIP-MKNTS. ,i,.. !:;&. t'owa and holfcr.s rf KL.t.-si No. 1 hard. : cava. It. 6:; 1 car. Jl 9 (smutty). No. 3 hard. 4 rnra. (1.60: 1 car, 11.68 tsmtitty): 1 car, 11.57 (smutty). V.,k i hard. 2 cars. SI. 56. SampU hard, 1 iar. $1.5:t (muity) No. 1 aprlnir. 1 car. ShiupI apniig, 1 car, noitharn). No. I mixed. 1 car. SI. 82. U mlsed. 3-5 car, Sl.u. oor:.. 3 wlilte. 1 car 62c: 4 can. fl 'sC 4 white. 1 car; tr; 1 car. 4 . No. 3 y.'llow, 1 car. 62'jc: 1 car. f1 'j No. 4 yovv, 19 cars, 49c. a yellow. I car, 4c. " nil'd. 2 cara. 61 'c; 3 4 ml.cd. 9 ca-.i49c. OATS I Xo. 2 whit". 1 car. " white. 6 car. S'. 4 white. 2 cars. Sr. , 3 IllUrcl, I car. in 3. :-i cur. S1.43.V 4. I car, 9.1.4 s. FARt.LCV. eclcil, 1 car. 4!c (muaty). No. o. No. Xo. No. No. market's re sponse to the over-night dhange in position at the Fans conference on German reparations, and the light, if any, Which the week-end Federal. Reserve bank return would cast on the money market situation. Foreign exchange rates naturally recovered after the effective disposal of Friday' morning's cabled reports of rupture of the Pan's negotiations. Rates on Paris, Brussels, Rome and Amsterdam retraced all of Friday's losses, and sterling, thoush it did r,l-7.isr,rda'?k Inot.get back to Thursday's high r, fl " (car. , , ,.., .... ..i .! . ii'vci, gmiicu i;4i. aim iiuam i OCsi. '-'li me wnoie, nowcvci, me exchange market's action' seemed to indicate that notwithstanding the re newed upward turn in rates, specu lative excitement had. been checked by the reaction of the day before., ntiiik Mntrmrnt not Favorable. Net week's market will ahow what the SIC. No. No. No. ' No No. . aciunl diaposltion ia. Perhaps more or. n,.on(ia c. i'he. & Ohio...,. t. Kris K. R 13S Gt. Northern, pfd. 79 i'hl. Ot. Western IlUr.'ola Central . . Mo., Kan. A Tex. 3Ti K. C. Southern Missouri Pacific 19 4 IS'. Y., X. 71. A I... 21 Northern Vac. ly. S7" Chi. A X. W... SSV, Penn. R. R. 41 Reading Co 84 i i.".. R. I. P.... 2VVi Scuthern l'ac. Co. 98s Southern Railwav 2S' Chi.-, Mil.' 6t. P. SSTi tlnlun Pacifio 120 Wabash 8U Am. C. A F. .".:i:4 Allls-Chalm. SIfg. 35 H Am. Loco. Co. Bald. Tj. Works .. 0i r.eth. Steel Corp. . 67 si C. P, A Iron Co. Crucible Steel Co. 9u'i I Am. 8. Found. .. 30 'i I.aclc. Steel Co, ...... Mid. S. Ord. . . 51 Pressed 8. Car Co. 96 Rep.' I. A 5. Co. .. 7 V. 8. Stee). 83 'i COPPERS. 82 Sl" 34 4 117ji 1U . 72J' 60 do 131, 78', 7S .... a. . . . 2s 27 18 v 21S Sl4 . Sb 86 (Vj 88 1, 4Ui 4l4 8S'a 83 S 27 27 'i 9.1 U 98 'i 22i 23 ss. 1?4 ' 124 85H 36', 89i 894 67J,i 57', 94", 93" 804; 80U - 3 i 'j ' St i 94 94 V , 'i 7 . . 82, 83!,, . CO t3'i 78 K Si 904 26 'i 19 21 '4 874 88i 41H 84 27 98 ; 23', 2Si, 1204 124 354 831, 90 i 67 '.4 29 95 SO'i 6Si 8Mi :l 6; S3 '4 .Re.! el- closliiir 6cit7;ii lower thun the week hent time or wfuk to 60c lower than a r 1 ngo. iVi)i k of t ln-iii Is solllnir from 8l.r;jti.iii.i test lvlnflt,,,nre orr most. ,,,,,. i far ut, Ura and feeders wua mod ?viit and pricca trole. 2i4iii0o in aym- mvfhy with the declines on rut came, 1...IL la eltfnir from Sli.uOllf7.7d. onoiatlons on cattle! liood tn choice i..,-. a nuttk r.D: fnlr to mod benvrs, 7.oii' no- common to fair beeves, J8.20 7.00: Kood, to choice yearlings. Ji.m Ki R.50:, fair to good' yearlings. J'1? 7.7..J Vnnirtton to fair yearllna-s, S 00) : on, rlmlea to m-rlino heifers. Jii.OOtffl 8,76: rood to choice heifers, 5.2Sf 8.0; choice 0 prime rani. .(l(.3; Rood to choice ows, ,7.25i'6.76; fuir to goou cows. i.u coninion to fair cpws, S2.50f 4.o0; sood to choice feeders. S7.38.60; fair In cood feeders. f7.0Oi!.6A; common to fair f.-edcrs. 8.0li7.0: r-'Od (to choice Blockers, Si.50i8.2 ii fair to good stoeK ers. . 50i)7. iO-: ComiMon to fair mockers. 5.0tf 8.2a; Htock heifers, $4.003.50: tock cons. $3.76f 4.76: veal calves. S.OO ii 14.50: bulla, stags, eta., S4.500.00. . llnaa lleceiiila of hia wore of fn'ir lire for a Saturday, hut demnnil from til quarters had an active tone and prices .'orcil a genernl advance, ar.iountiiie; to 10,C15c. Occasionnl sales were qiiotil ::(ic hlKher. , Shippers bought good light hogs freely, paylnii up to 89.53 8 9.80 for nest grades. Th-.- Inter price was top on !ht hogs that sold with a heavy sort. Hulk of the receipts changsd hands ot 89.00P4.40. Although hog runs laely have been rather large th trade has b--en ulvlng a good, account of Itself and cur rent prices average about a dime higher than at lnat weoh's eloae. d.lght hogs show more Improvement than biff heavies. Sheep Not en.tl.ll, sheep or lambs were received today to make a market ind no chnngs occurred iiv prices. The receipts this we"k hnvo been moderate I ut all classes of stocll have been going down an) and fat la,mba .are closliiB shout a dollnr under a week ago, selling from t g.0 44-9.86. Fat sheep are 25lf60i: lower fr tho week., wth good wes mov Inf around l4.60ff4.J5. Feeders have been scarce but . show about the aaniu loss ii fat lambs." Quotations on sheep: Best fat lambs', 84.&J M3: med Mill to good lambs, 48.70 Si !l. 60 : plain ai.4 hMvy lambs, f 7.40 1 ,23: yearlings. S7.00W.8.00; aged wethers, 7.00f 6.76; good to choice ewes, I4.50 4.!i; fHlr to good ewes, 4,2Sfl4.50: heiivy wrs, IS.7604.35: cull and canner ewes, $I.SO3.00; fecdltig lambs, S8.00S9.00: Iceding ewes, 82.763.50. ' HUGS. Pr. Xo. Av. Sh 8 50 K2..2:; 150 No.. Av ; 43. .381 R 3 I 58.. 29 116. .804 -1..2S9 38. .25 78. .171 72..21T Rh. 70 110 40 8 80 8 i 9 18 9 23 9 St 46 65 390 74. .286 66. .272 . 14. .228 69.. 226 84. .194 26. .184 Pr. 8 80 8 85 9 10 9 20 9 SO -9 40 9 60 9 60 1 (hlciigo Uve Slock.; ' Chicago. Jan. 29 Cattle Receipts, 500 head. Compared wltb. week ago: Beef s'ecrs fully B5fi'50c lower, some good cattle off more; stood and choice fat cows and heifers 26fi30c lower: cows selling be'ow 85.00. mostly steady; fat and bologna bulls 25c lewer: veal calves most lv 60c lower, choice shipping grades gain in mere; stocker and feeder .steers '-'V 50c iower. ' , A ITop, RerelptH, 5.000 head: market. ' mostly lOifiiISc lower than yesterdays average: spots more; closlnB atrong; top, M0.85 for 180 ti 17-lh. averages; built 200-lb. snd down. '510.0010.23; bulk 210- ' lu. and uo. $.R0(f.9. . ' , Sheep Recelpta. 1.000 head. Compared with a week ago: Hnnilywelght feeder lambs. 2860c lower: heavies. 50ii6r. lower; yeirlfng mid matured aheep, 50c $1.00 lower; feeding lnmhs. 26c lower. Ilout City I-Its Stoek. ' ' ; Sioux City. Ia.,' Jan. 29. -Cattle Re ceipts, 200 head; market steady; fed steers and yearlings, S6 00;:4:00; cows e.id lielfer. 8.60S.O0; canners. 88.00(f4.6n-(ealen-. S4.00Sii60: common calves, S4.00 88 60: feeders. 85. 50W8.00; . feeding cows and heifers, 83.00(06.50; stoekers, 84.00 ',7.00. : v ' Tioga Recclpls.' 4.000 head; market 10 M5e higher; choice light. ' 89.26W9.40; common light. 89.00W9. 20; mixed, 89.10 9.S3; heavy.- 89.4oe9.S0; bulk . of sales. 89.109.S0. Sh?ep None, St. Joseph IJve Htock. ft. Joseph. Mo., Jan. 29. Cattle R" ccipts. 100 hrail: nominal;' steers, 88.60 9.:.: cows and heifers, 88.26; calves, 8(1.5ifrll."0. . . . Hogs Receipts. 4.500 head: 1.1 to 20c " hirher, top, 8.0; bulk. 89.2589.60. Sheet Receipts, none; nominal; lambs, 89.604J 10.20. receipts Wheat , Corn Oats ......... Rye .i.... Brrley i Shipments Wheut Corn Oals Rye Barley Today . 47 . l . 17 W-k Ako 17 1 Tear Ago : ;l 30 II 21 PRIMAP.T r.ECKIPIS AND SIUPMEXTS. tcushels) 1 Rea -ipts Today Wheat 991. 0O0 Corn 1,349.000 Oat .- 638,000 Shipments Wheat OS". OHO . Corn TlV'.Ofl) Oats 559. 00U ' ' EXPORT CLK.RA.'Ci:Sr , Todny year A so Wheat : fijo.ono ' T7,0Q0 Corn ....'. s:,4.non CIIICAUO CAR LOT HBCKIPTS. Today Wk. Ago Tr. Ago Wheat S2 . 28 Corn 467 . 474 Oats , 63 04 19 KANSAS C1TT CAR LOT RKCKIPTS. " Today Wk. Ago Vr. Ago Wheat 268 301 1S6 Corn .. .1 . 66 8ii ,74 Oats 6 6 '50 ST. LOUIS CARvLOT RECK1PT3 Year Ajfo 880,000 1.078.000 706.000 ' 744.000 496. 0"0 CIS. COO Wheat Corn . Oats . Today Wk. Ago Tr. Ago ...145 ...124 ...43 143 54 10 -43 87 123 XORTHWESTKRN' CAR LOT T.ECEIPTS Ut rl KAT. Today Wk. Aa-o Tr. Am Minneapolis.... 211 312 . 278 DulUtn 79 S3 4 Winnipeg .. -....422 430 204 CHICAGO CLOSING PRICES. By Updike Oraln 4'u., jioug.. 2657. .Inn.- r. Art. I Open. I High. I Low. Close, t Test Wht. Mar. Ma.v Rye. May .luly Corn May. July Oats 1 oats July Pork Jan. May t-trd Jan. May Ribs Jan. May ' ' I I ? I I 1.6.1 i.nt.ni t si 1 1.8:; j 1.86-: I 1.53 1.53 ! 1.49 '.4! 1.30-! 1.31 I I I I i 1.41 s. 1.41 el 1.38 1,' I.S9V I.42, 1.21-",' 1.21',! 1.18 ! 1.18V 1.-2 i I I I .66 s .03 ft; .87'j' .C7i4 ! I -41V .41 Tie -.43 ft .42',i' .4J 122.75 l2.-i.r.O 22.75 123.30 W 22.96 22.95 122.90 22.80 t .66 I. .4SV,' ij hesitancy In huvlhg of exchange was natural on a naturday, Avnen a uay anu a : half, giving ample time for another 1 -possible" turn In the Kuropean negotiations, j v outd Intervene before the market could reopen. The manner In which the oxport tax cximprum:se proposal would be re ceived not only by .Germany, but by ! tho rrenlh parliament (both of whom j must paes on it), remained 811 ' be de termined. ' . . T . The New Vork Federal Resel e bank's I shewing was not altos-ether faorable; for "() 1 that, 'liowever, the- financial public null 1 I been prepared by the w eek's time money I market.- Tho .bank's; reserve ratio rose u ) from 28.1 - per rent to 39.3. but ' the higher rate vas still 2 J-3 per cent below- i tnat .or a lortnignt ago. Kurtnerniore. It was remarked that whereas the pre centage rose during January of 1820 from 34 to 40. It has-fallen this month from 40 trf 38 1-3. - ' , ., f Reserve" Kaflo Higher. ' ,l.at week's 1 siatement of the whole federal reserve system showed that the reserve ratio has risen substsntially since Iiicci'itber In1- all other districts ejteecpt Kansas City. DhIIss and Atlanta, and that these' threO west-rn or southern reserve hanks were, borrowing heavily on cn doraed re-dipcounts from two or thre eastern banks. Today's New Tork Re serve bank statement showed no advance of that sort, but 7?ew York's holdings of gold decreased 827.300,000 -and- alnoo soni. 87, 000, POO liuropran .gohl, had been received at. New 1 Arte within the week, that -decrease, must represent another transfer of gold to the central fund at Wnfthlnsrton for the; ncconnt of other Hla- 1511 ! trirt. .... . KCdlKcount- also rose 827.000,000 at Xcw Tork last week, but note circulation was. ORain ; reduced. It Is now 823.000,000 less than a week ajro and 893.000 000 un der the maximum of -December 23. The decreaso of the same period a . year ago wfs 835,7dO,OM . Today's 'stock ti arket was firm, with fractional net ad'ance. the- prevailing movement and few galps 0? 1 or 2 points in tno industrial. . -" '. Rnll Shtties Lower. Railway sliares. however. Went frac tionally -lower.. 'The' December earnings hto perplexing , In that, notwithstanding substantial Improvement of net - results over . 1919. the comparison wltli Xovem her indicates .decriaslng .otal traffic. This Is probably c.n Inevitable consequence of business reaeilon ard It explains the movrnient . foe revision of the r-illway payrolli'a proposal' whose result- is rather likely to depend 01 what ean be shown a- to the actual lowering of retail cost of living. Another emphatic, decline in silver .bul lion did not oscdTie notlcej The London mice declined 1 penny per Ounce- from Friday. , reaching almost exactly, the levH at which it stood when the United States went to war. M. A. S. A R.-Co. . . B. A S. Mini Co. Chile Cop. Co. . . Chlno. Cop. C. . . Insf. Con. Cop. . 31 -4 3 9 '4 13 '4 12 '4 89'i 3'i 134 121,4 39 '4 SO-'.i 894,- 89 1.1 Vi 13'A 12'. , 124 .60'; .6.) U .12" .6y.-'a .(iS'., .42 --4 3i -,".4-4 .",5 S4V Kennecott Cop. .. 20. , 19-V 19"., 20 Miami Copper Co. IS", 18-', 18 T VIS1! Xev. Cons. Cop... 11 i 11Vi IHJ 11 'j Ray .'ons. Cop... 13T4 13T4 1;(74 131. Utah. Cop. Co.... 47 S64 67 584 INDCSTP.1AI.S. Am. Beet Sugar Atl. ii. A W. .7. S. S. 70 Am. Inter. Corp.. 47 Am. Sum. Tob. Co. 81 'i Am. Cot. Oil Co Am. Tel. A Tel.. . .99 "4 Brook'n Rap Trans 1274 Bethlehem. Motors 44 American Can Co. 11S"4 Chandler Mot. Car 72"- Central Leather Co 81 '4 Cuba Cane Sug. Co. 23 Cal. Packing Corp. S3 62 , Cal. Petr'l'm Corp. ,!6i ::6 "a lorn J'dcts- nrgv. 72", 72' Flsk Rubber Co 144 1 '4 uen. wiecinc ,o..i2S',i 12s Gas. Wms. A Wig. 4 8, 4 Oen. Motors Co.... 16 Ooodrlch Co 40i Am. II. A L. Co.. 9',, Haskell A Br. Car 59 ',4 U. S. Ind. Al. Co.. 70 U Internat. Nickel.., 15 "4 Irternat. Paper Co 6114 AJax Rub. Co Kelly-Spring,-. Tire 47 H Keys! one T. A R.. 13V .Maxwell' -'Motor Co. 5" Jix!can Petro m,.159'4 137s; 158'i 1J74 Middle States OH 1.IU -431.1 uu lr.u fure on i'o .6 S5'4 23H Willys-Over'd Co.. 8 'j "t SH Pierce Oil Corp.. 11 U 10'i 11 1 Pan-Am. P. A T.. 73 Hi 75 ii 7r, u e-ierc-.rrow wot. L'O RoyJl Dutch Co. 66 i t;9., 46 "4 80 U '9V 12"4 4 32 '4 70 4 40 i 22 '4 14 40 '4 9'. 39 69i 1S 61', 47" 12 4 69 4i 81 '4 'm4 12 '4 H 32 , : 41 22 T4 82 V !Wi . 72 U 14 128 U 4 a, 1 5 40 ',; 9 59 '.4 69 1, t64 81 U 47" 13U 464 70 ' 47 79 33'4 99 -n 12-i 70'i 72'i 14H 128 4'J 14",i 40 'i 9-4 59 69 14 15 "4 60, 331, 47 '4 12't 6s H2.87 113.65 12.00 12.42 13.00 113.63 il2.no ll.42 1.87 1.60 111.76 112.27 11S.87 113.50 111.7S ' 12.: 5 SS.li) fl 8.00 !1J.67 13.00 13.42 standard 4MI Stacks. , The followlnr eiuctatlons' are furnished '' Logan A Bryan: Anglo 1U I'H Borne Scrymser 890 410 , Buckeya 83 88 lhesebrough '..189 200 Chesebrough, Pfd, 107 110 Continental 110 115 . Crescent 80 38 Cumberland 125 36 Cureka 83 8f) Galena, Com. 45 47 Galena Old. Pfd 99 97 Galtna New, Pfd. . 94 98 Illinois Pipe , M72 78 Indiana Tips 84 . 87 National Transit .... 27 21 New Tork Transit ...160 . 165 Northern Pipe ..... 84 97 Ohio Oil 283 . 280 International Pet l4f - l'i Penn.-Mex 80 38 Prairie Oil 475 4n Prairie Pipe ..180 187 Solar Ref. 370 380 Southern Pipe 110 .114 South Penn. Oil 240 245 S. O. Penn. Oil 70 74 S. a Calif. ..300 205 K. O. Indiana '. . 70 14 71 S. O. Kansas 565 695 S. O. Kentucky ....425 433 8. O. New Tork'... 334 369 S. O. Ohio e 890 405 S. O. Ohio. Pfd 108 1M Swan and Finch 45 55 Unloa Tank 110 , 115 Union Tank, Pfd 100 , 104 Vacum 323 335 Washington 80 35 S. O. Nebraska 890 410 New Tork Curb Stocks. Allied Oil 16 9 18 Boston Montana 68 0 70 Boston Wyoming; 1 Ql 1-16 ere, son Gold 1 S 1 Cosden Oil tt 6V4 Consolidated Copper 2 rw Kill Basin 8 federal Oil 2 9 illenrock Oil ... , Island. Oil 8 ... Merrlt Oil 124 18 IM.l Heftnlna Co ....138 47139 Silver King 0 Arizona 7 (3 7't Sapulpa Oil '. 4-4 4T Simma Petroleum s 44 Tonopah Divide 1 1-18 Ol 3-16 j V. &. Steamship Hv l1 V. 8. Retail Candy 8 w ,8'i White CHI 182 9 .... rhtaaara Stocks. The following quotations s"e furnished hv Logan A Bryan: . Armour A Co.. pfd.....'..: 924 Armour Leather Co. common 1!"t Armour Leather Co., preferred..,,... 44, Commonwealth Edison Co 106 hi Cudahy Packing Co., common .614 Continental Motors ''t Libby, McNeil A Llbby 124 Montgomery Ward. Co 164 National Leather s Reo Motor Car Co .' SI H 81 wlft Co 103 Swift International , 27 Minneapolis drain. MlnncaDoli.. Minn.. .Tan. 29 Fir.nr Unchangea to Mo higher. In carTTwd lots, family patents limited at S9.:09.30 yrr uj. in ns-10. cciion saens. Bran 826.00)) 27.00. . Wheat Receipts, 211 cars compared with 278 cars a year ago. Cash No. 1 northern. 1.63 1.67'4 ; March, 81.52; May, 81.48. Corn No. 3 yellow, 50j51c. - Oats No. 3 white, 3i436"4c Barter 4 4 62c. Rye Xo. 2, 81.44 11.50';. ' . Flax No. 1, f 1.78(01.7. ' St. I-ouls Grain. St. Louis, Mo., Jan. 2S. Wheat March. 81.67; May. 11.53 H. Corn May. 6 6 4c; July, 6 84 a. Oats May. 42 c: July, 42Hc .' Kansas City Uraln. '. Kansas City, Mo., Jan. 29. Wheat March. 81.554; May, $1.464. Corn May. 80c: July, 62vo; September. Omaha May Market. Market lower on a.ecount of heavy re-' ceints on prairie hay and tight demand. .yifalfa vcculpts light, demand fair to good for better grades. Strew prices- aro lower. No. 1 Upland Prairie Hi v at. . S1 1.00012.00 No.'S Upland1 Pralrln Hair at.. ).00W 10.00 No. 3 Uiilnnd Prairie Hay at.. -7.00 8.00 No. 1 Midland Prairie Hay at .10.00810.3 No. 2 Midland. Prairie Hay at , M 4.00 No. 1 Lowland Prairie Hry at' S.OOcS 9.00 No. 2 Lowland Prairie Hay at 7.008 8.00 Choice Alfalfa !2.00j)24.00 Ni. 1 Alfalfa 19.00fS)Jl 00 Standard Atfnlfa ;. . . -15.00018. 00 No. 2 Alfalfa ; ,12.00iil4.no Xo. 3 Alfalfa 10.00Mr.OO Oats Straw . .'. 10.00Jii1.fl0 Wh-at Straw .' 8.00 9.00 . Forelrn Kxchnnge Rates. .Following are 'odny's rates of "xchenae as compared with the par valuation. Fur nished by. the P.ters Rational nam; U S. Rbr. Co.. Am. Sg. Rg. Co. 93 4 Sinclair Oil ft R. 34'f, Srs-Rbck. .Co... 914 Stdbkr. Corp. 59 Tob. Prod. Co. 66 Trns-Cont. Oil 10 'i Texas Co 44 U.S. Fd. -Pr.Corp 26 Wht. Mtr. Co. 39 Wilson Co.. Inc Wthse. Alfbrke Wsthse. E. A M. 43 Am. Win. Co. Total sales Monev . Marks .' Sterling '. . . . K -; 2 6 14 66 66 , 9314 24 '4 901.4 "?' 55 "4 10 43 'i 26 384 45 67 934 24 44 91 4 584 53 4 10'i 424 26 S84 45 87 354 8 11 76 '4 254 66 4 694 934 23i 91 66 14 654 104 43 T4 6 '4 28 14. 42 5'i 45 By CHARLES D. MICHAELS. Chicago Tribune-Omaha Itee Leased Wire. Chicago, Jan. 29. Conditions in the grain trade arc making prices. .Surroundings were extremely besr sh anil prices dropped to new low 'levels on the crop for corn and oats There were many things to induce liquidation and nothing but the fact thr.t all the news is against the price to induce buying. The main support came from week-end profit-taking. The market has lost support from the export trade and much of it from local interests. Closing trades were at losses of..2-Hja!3c on wheat, I He on corn, ?fg.c on oats." $l'Mic on rye and 1 J4 c 011 barley for the day. '.,.- . ' In the lace ot depressing condi tions, with lack of outside support, wheat prices were only oil 4("7j4c for the . week. Corn is lHGdZHc lower, oats 2'c, rye 8HlVAc, bar ley 5'4 c. Losses on pork were 65c $1.00, lard22;(g"27k. and short ribs 27.(fi.47K,c, as compared with a week ago. ' Figures Bolliah. The wheat market and the statistics; aro not working together. The statistics are extremeTy bullish from a domestic standpoint, while the speculative wheat situation- offsets everything. The eco nomic conditions are against constructive operations, and reduction of the export trade today Induced selling pressure and, bioiight a break of 44c from the Inside close of the previous clay on March and 4'4c on the MaV. The latter made a new low, at $1.49'',. Tho c'ose was 19 1U above the low point. Houses, with Xew Tork connections bought ,wleat futures here and said It Was against export business. Tha sea board, however, reported no sales and said buyers were h&ldlngr off. The mill ing demand was better., . A feature of the wheat trading was tha buying of March and the selling of May. with the spread the widest so far, 12o at the close. Primary receipts for the week were 7,452,0 00 bushels, the largest at this time in over five years. Corn had a heary tone from start to finish. May dropped to 6540 and aft er a rally, finished at the bottom. Pri mary receipts for the week were 12,144. 000 bpshels. making 22,500.000 bushels for two weeks, tho largest at this time for two years. Tue big run is over for th.e present, as .the -railroads report re duced loadings. May .oats broke . to 41 '-ic a new low. and closed "4 to Mc above the inside. Rye -Was under pressure from wheat traders .and spreaders, while the buying was by eastern, houscii'. Export business v?4 at 81c over Chicago . May. track. Bai.imore. ' , ' , . Pit Notes. A more bearish feeting; than existed in the grain trade at the close today ia hard to imagine. Liquidation has been exten sive and the. feeling was so unanimous In The following quotations furnished by tha Omaha Trust company; American T. A T. Co. 6s, 1 923 7'B 7.35 American T. A T. Co. 6s. 124' 86 ' 7.40 Anaconda 6s.' 1929 IlV l.lli Argentine SterlliTg 4s $440 for 200 bond Armour Vs. 1930 964 7;45 Belgian tiovt. 6s, 1925 92 8.40 llelatan tiovt. 7'is, 1943. 97 7.77 Bethlehem Steel 7s, -1922. ....'. 10O . 7.00 Bethlehem Steel 7s, 1923 9N 'i 7.80 British 6V. 12! 8314 7.5 British 5 Si, 1929 ! K9'; 7. la British 6;S, 1937 87 6.75 C. C. ?. A St. L. 6s. 1929 91 7.50 C. B. & Q. Jt. 4s, 1921 97 4 X.6'1 Cudahy Pkg. 7s. 1923........ 99 7.45 B. V. Goodrich 7s. 1925 1 " .70 l'tanch Govt. 6s, 1945 99 8.00 Japanese Govt. 4 Us, 1925 82 10.06 Japanese Govt. 4s, 1931 62-4 .0.02 Norway 8s, 1940 100'i 7.93 Morris A Co. 7is, 1980 99"4 7.n N". y. Central' 7s, 1930 108 4 6.55 Pennsylvania. R. K. 7s. 1930 1 05 St 6.30 V. S. Rubber Ta, 19:10 9914 7.65 Swedish Govt. 6s. 1939 81 4 7.90 Swift A Co. lis, 1931 r94 7.00 Swift A Co. 7s. 1926 ' 7i,4 7.72 Western Klectrlc 7s. 1925 100 7.00 Swiss Govt. 83. 1940..,. 102H 7.7 Denmark, 8s, 1845 99. 8.02 Westlnghouse Elec. 7s. 1931.... 984 7.05 favor of lower prices that lt made a few of ? the conservative operators feel sa though k was not wise to press the sell Ins side too strongly, although they ad mltted that they saw nothing to Induce buying. Ordinarily under such conditions. a change for the better follows, but whether it will prove true at presen. tlnie will develop. An operator who canvassed the trade salu he fouml only one bull. Those who have been frlondly to the buying side have been scared Out by the decline and the depressing news. There Is a bank fail ure in Argentina and some financial trou bles in tile grain trade abroad. Corn prices are to low that the ourchas ing power of the fanner is brought down to a negligible quantity. Thirty cents Xubraska and 25 cents for oats. Railroads report reduced loadings of gram in rne country tna last lew uayi and light stocks In country elevators the liberal car supply having enabled country elevator operators to inovo their grain out as fast as It was received. A w eDster county, Nebraska, message to Charles Sincere says there Is plenty 01 corn tnat sens around 50 cents bushel. Australian wheat surplus is estimated oy iiroomnau at 8U. 000.000 bushels or about In line with "recent estimates. The crop nas been practically all secured and quality Is excellent. Aggregate exports of wheat from India 'and Australia for the -week are expected to be around,3.000, 000 biu-hels. part of the Australian wheat going ov rrance. Receipts of Corn st Chicaao are not expected to exceed 800 cars Monday 1 tney reacn mat figure. ivo or the load ing railroads have ordered out Inspection crews for work Sunday. Last Monday arr'vals were 1,362 cars. There was no grain carried over uninspected Saturday. New York Drisd Fruit. New Xork, Jan. !. Apples Evaporated, ntarKet easy. ' , ' Prunes Inactive. Apricots and Peaches Quiet. Raisins Dull. .0180 1.88 V, . .298,200 7 .0180 S.884 Ansirla Belgium ... Czecho-Slovakia Denmnr.k ...... England ....... (Trance .....:.. Germany Greece . , Italy v Norway Poland Sweden . . ... Switzerland . . Par Valuation ' Todny . ft fin-.'; 1 .195 .0730' .011!) .27 ' .I960 iJid 3.8H V .193 .07 .238 .0180 .195 .07il5 .195 .0078 .27 .-186I) .1)029 ' .27 , .3210 .195' .1305 4 hli ago Produce. Chicago. Jan. 29. Butter "-Lower; creamery extras, 45'4c: standards, 45'c. 1-lggs Lower: receipts, 6,846 rases; firsts. 651;4iJ56c: ordinary firsts, 53(g54c; Turpentine and Rosin. Savannah, da.. Jan. 29. Turpentine .Market quiet. 924; no sales; receipts ; tit mark, cases Included 54j;65c i,t oarreis; snipments 476 barrels stock ' , " 11.597 barrels. n I , Chicago Potatoes. , Rosin Market oulet; no sales; receipts j Chicago. Jan. 29. Potato receipts. 48 ifli casks; shipments ,18 casks; stock 84,- CHrg: rket 5 to 10c lower; northern tjuotc:" B. D, V.. F, G, H, I, K, M. I ffil ' '"MQ ' ' N. .WG, WW. $11.00. j 41. 10(311.-0 im, . , - Xew York Sugar. Now Tork. Jan. 28. There Was no change In local raw sugar prices which are quoted at 7Sc for Cubas cost and freight, equal to 4.89c for centrifugal, but the undertone was unsettled and there were further offers at quoted prices with out finding buyers. x Bar M!-rer. Xcw Tork. Jan. 29. Bar Silver Do mestic. 9914c; foreign, 624c Mexican Dollars 48c. ' . J Kansas City. Produce, Kansas City, Mo., Jan. 29. Eggs-2c lower; firsts, 48c; seconds,- 42c, Butter and Poultry Unchanged. The Road to Financial Independence 1 l-'ej through systematic saving, combined with judicious investing, You can combine the two through cur Pay-in-o-year Plsn, by invest ing in the nation's strongest in dustries and start to receive divi dends -while you are stiH saving. Many thrifty investors are accum ulating , U.S. STEEL A special report, on which we will cheerfully send FREE on request for J-30. We will also carry the above or any other active stock on 1 a conservative marginal basis. If you own rutright, any active stocks or forelrn bonds, we will accept them as collateral security, in lieu of cash for further pur chases. . H. & WOLF 4 CO. STOCKS AND BONDS 280 Madison Are. New York City t Nerv Issue 830.000,000 The American Agricultural Chemical Co. . TVz First Refunding Mortgage Sinking Fund Gold Bonds " Dated February 1, 1921 Due February 1, 1941 The Company 814 ,ev4 was organized in 1899 and is engaged in th manufacture and sale of chemieal fertilizer and allied products. It owns and operates 50 plants and owns ovee 120,000 acres of land containing phos phate deposits sufficient to, meet, the company's requirements for more than 100 years.- 1 . . - . are valued at, $113,254,547. -JValue of mortgaged property alone is more than $53,000,000. Net current assets (work ing capital) are more than $55,000,000. . ' i - . . , . is a mortgage on all real estate plants and equipment now owned or hereafter acquired ; subject only to $6,959,000 First (closed) Mortgage 5 bonds. Net assets must be maintained to at least 250 of total frfnded debt and current assets to at least 140 of current Via-,.: bilities." . . Price 97V2 and Interest Yielding About 734 Their Assets The Security Investment Bankers JtgfTiBro1teF V f Company U H. E. Harris, Resident Manaf sr. Omaha i Kansa City Douila. 8IS. " 701 Pstere Trust Buileling. THESEARE HARVEST DAYS fOR THE SMALL INVESTOR The) whole worhi is bidding for money at the highest interest rate in all his- tor''- j . To-day you can: get $10 on every $100 with safely, on high-grade preferred stock. Write for Financial Statement, Bank Reference, etc. J.E.THOMSEN&GO.Inc., 126 Liberty St., New York ten STOCKPRIVILEGESCIOr; QUI PU'IS AND CALLS S I J 30 DAYS ODD LOTS Best, safest way to 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 art made. UNLISTED SECURITIES KENNEDY & CO., Est. 1884 Members Consolidated Stock Eaehang e.N.Y. 74 BROADWAY, NEW YORK ' 'Investment" is a magazine of reliable and' up-to-date news about high grade securities. Con fj tains just the information you need, if you want to be well posted on the best Mocks, aad can invest $5 or a more per month. Equal to an in-rest- tnent serrice costing 1100 to f 120 per year, says one reader of "InyeetmenL" Ask us for arae trial subscription. :kriebel8cq: 137 So. La Sane St- Chlcai Short Time Investments 8 Nebraska and' South Dakota; School-District and. County Warrants issued against taxes already levied, to be collected during 1921. . ; . - -, ' Redemption on or before Jan. 1, 1922, guaranteed and endorsed by responsible local banks. Priced to 'net at least 8. Exempt from Federal Incorne Taxes. , , Inquire for. particulars. ' MM Affiliated with THE FIRST NATIONAL BANK !wi' ' 7 First Mortgage Land Bonds WE BELIEVE high grade 7 farm mortgage se curities can be secured for only a short time longer. $100, $500, $1,000 Denominations Tax Free in Nebraska Ask for Complete Details Investment Dept. Peters Trust Company Peters National Bank Farnam atjGventeeatb Farm Mortgages '.-'' 'At Mast Attractive Rates 39 years of loaning experience without a loss to the investor. Call or writs KLOKE INVESTMENT CO. Omaha Nat'l Bk. Bid-. PHONE -DOUG. 1150. OMAHA 7. FOR TWENTY YEARS We offer -New Issue $30,000,000 The American Agricultural Chemical Go. 7!2 First Refunding Mortgage Bonds Due February 1, 1941. Denominations, $500 and $1,000. A safe investment in the mortgage bonds of a basic industry. Price 974 and Interest - Complete Information on Request Compaixy ational Bank HphrOldO, I j New York ratio.. f New York. Jan. ;. The cotton market .rpenrd from at an advance of. IS to 17 i points on the Improvement In foreign enchant- rates, followlnc report, that the allies had- a-rreed on the terms of the Uer- nian inaemnity. rne marxet was rather un settled after the call. - 41 a re h eased off from 14.87a to 14.66c and July from 18.88 to 14.25c, or within a few point; ot last nights dosing- figures. Sales of print doths In the Fall River market were c-ntimated at about half last week's and the curtailment of production at 110,004 pieces. Except for some further switching from March to later months, businras was very quiet lates and largely In tho way of -evening up for over the week end. This included covering by som recent sellers of March.. After selling off to 14.47c. It closed at 1 l.52r, or 4 points net higher. The general market was fairly steady, w.eh May and later deliveries showing net louses oi s io is poinis. New York toffee. New York, Jan. r The market for coffee futures was quiet today with fluc tuations correspondingly narrow, fl'he open ing was 8 points lower, owing to aome what disappointing Tlrasllian rabies, but there had been selling yesterday In antici pation of their showing, and prices rallied later on covering. May aold up from 7. Olio to 7.04c and closed at 7,03c. with the aeneral market closing net unchanged to 2 points higher. January, 8.38c; March, n.CIc: May, 7.03c; July. 7.4Sc; September, 7.80r; October, 7.2c; December, 8.15c. Spot coffee was reported In fair de mand with prices unchanged at 7o to 7'.o tor Rio ,Ts and 84.0 to 10c for Santos 4s. Mew York Cleneral. New York, Jan. C8. Buckweat Jlsrket cany; milling 8- 46 nomnial. Wheat Spot, market easier: Vo. 1 hard JI.S31, c. I. f. track New York, January and No. 3 mixed durum J1.S4V4 c. I. f. to arrive. Torn Spot, market heavy. No. 2 yellow S8"o and No. S mixed 884c, c. L f. New York. 10 days' shipment. i Oats Spot, market easy; No. 1 white, 54ti&6c. Lard Market easy; nilddlewest, 813.60 1.6U. Other, articles unchanged. . ew York Dry Goods'. New York, Jan. St. Cotton goofta mar kets were qoieter here today. Sales of 384 1 Inch K4x80s were made for March delivery at 8'4c, on advsnco of i,o ;i,i l-"riday. Yarns were easier. lrrsa s,,a. and men's wear markets showeil n, Untj Improvement. Silk Improved. Linen mar kets were uneettle.1 liy redu.iitnn, a hour, I. liurlap market!, were steadier. liniloii Money. London, Jan. Har Silver r.C", d per ounce. Money. 5 4 ; discount rales, short bills. 608H. INVESTMENTS Are your savings earn ing for you all the in terest possible consistent with safety and nego tiability? We recommend the immediate purchase of high grade bonds which will yield both profit and high interest returns. We offer: Industrial, Railway, Public Utility and Municipal Bonds priced to yield from 6 4 to IOV2 co. We sell securities on a most attractive partial payment plan. Consult us regarding your investments. Omaha Stock & Bond Exchange, Inc. 230 Peters Trust Bldg. Phono Tyler 5027 raeBwisi4llHl rw uvw i-wu ocj-o u-w ots-u ut-e-cj imj UL-e. o-v, v Your Saving Will be fully protected and earning unusually large interest if invested in our First Mortgage 24 Years SECURITIES BUILDING ' ' THE MILLION-DOLLAR CORNER V COUPON BONDS Priced $97.00 ( To Yield 7.32 Interest TAX FREE $970 secures a $1000 Bond and This Bond Will Earn $180 for you in Thirty Months You Will Be Paid $15.00 . . if QUARTERLY Interest' on tho first day of May, "August, November and February of each year and $1,000 when your bond is re tired August 1, 1923. These bonds are issued in denominations of $100,, $250, $500 and $1,000. They are going-fast.- .... , . , CALL' OR SEND FOR CIRCULAR. Guaranty Securities Company i and Pioneer State Bank SECURITIES BUILDING , 16th and Farnam Streets, - , Farnam Street Entrance OMAHA, NEB. Manning & Company Stocks arid Bonds 218 Bryant Building KANSAS CITY, MO. GRAIN- WE solicit your consignments of all kinds of grain to the Omaha, Chicago, Milwaukee, Kan sas City and Sioux City markets. We Offer You the Services v of Oar Offices Located at - Omaha, Nebraska Lincoln. Nebraska Hastings, Nebraska- Chicago, Illinois Sioux City, Iowa Holdrege, Nebraska Genera, Nebraska Des Moines, Iowa , Milwaukee, Wis. Hamburg, Iowa Kansas City, Missouri Get in touch with one of these branch offices, with your next grain shipment- The Updike Grain Company "The Reliable Consignment House" 4 0 1 V.