I
THE BEE: OMAHA, WEDNESDAY. FEBKOaiv? 2. lH'iZ.
13
!
Market, Financial and Industrial News of the Day
Live Stock
Rei'eiola wen
Official Monday J. 6 14
KatlintU Tuenlay. , . -MQ
Two days this week 1S.1M
Same daya Inst Mk 15.111
Sams dava 5 w's a'o II, 80S
Nam 1ay S we ' 20.669
Same days year ago 11,031
Omaha, Feb. 1
Cattle Ho. She.
11,73
21. tOO
83.171
26.Dt
!0,OJ
21.86
21,084
heop.
..000
10,260
!.6SS
22,229
16,911
Itroolpta and dlapoaltion of llv "lock
nt tha l.'nlon Stork Yard", Umaha. Neb.,
for 24 hour u rn lliig at 3 o'clock p. Hi.,
February 1. 1921 :
RKCEIPT8 CARS,
IVobHBll :t
Vnlnn Piulflc -7:1
'. ft N. W.. CHKt 11
, ft N. V.. 't 8
. Ht. P.M. ft O. SO
. l H. AT., ea.U ...... 33
i'. B. & y , west
t. M. I. & P., eiiHt 24
'.. K. I. P.. VNt 2
IlllnulH Ontral 5
fill, lireat Wfsteru - a
1
6.1
74 .
49
II
04
17
5
7
Totnl
lfelit 29 j
MSPOSITION H KAO.
3U0
39
financial
Omaha Grain
Morris ft Co.
. .Swift ft Co. ........
Cihlahy Pud;. Co. ..
' Ai nutur A Co. , . , , ,
Si InvHrt ft Co. . . . ,
, j. W. Murnpy
V 1 nlil Park. Co
I.iii'iilii Park. 0
H. O. Park. Co
'ltil.Ti Paili. Co. ...
JilKulna Park. Co. ...
Hoffman Broa ,
v Miiyerb'lrh . Vail . . ,
Wilson, & Co
. M H. V. SRnt ft Co. .
1 V. W. Hill ft Co. ...
V. P. iw:
, MVatorn Meat Co. ..
. JlunUlnKcr ft Oliver .
J. H. Root ft Co. ...
J. 11. Hulla
Kosenstork Bros
v. a. KoUokk
WertliUmer & Dgcu
KM la A Co
.Sullivan Bros
,Mo.-Kau. C. C. I'u.
10 (I. rhiisttu
"John Harvey
...lotion l.umlvi'fc'U
1 'iiiiiIm Krani'lM . . .
Onuihli Park. Co. ...
lidWHst Turk. Co. ..
, Armour from Penver
Miiauhnn
Oilier Buyers
533
1.734
1.03
1,029
625
64
9
1.8SS
4.328
2..M6
4,107
70
S.1K0
1.344
1,910
1,606
313
40
ID
'ill
951
101 ..
145 ..
3 ..
69 ..
37 ..
2 ...
100
57 t ..,
127 ..i
11 ...
10 ...
H ...
10
992
973
7,500 19,1153 8,597
Total
I'altli- ReoriDtM ot cattle continue vowr
liKht, Tuesday's run of 6.500 heud belli,'
3.000 short of last Tuesday and the two
days supply fully 11.600 short of arrivals
for the' same two Hays a year ago. Light
rtcolpts failed to stimulate the. demand,
however' and trBde was slow and un
evenly lower from start to flnlrfh. Some
.' choirs light and handy weight steers sold
about as well aa vn Monday, but for tb.e
' Ri'iieral run of beef steers as well as
i, lonelier stock the market was dull and
weak lo 25c lowr. Iieinand for Blockers
and feedfrs was sluck but offerings were
limited and prices ouotably unchanged,
Quotations mi cuttle; tiood to choice
lic't vis. J OOli'S.50; fair to good beeves,
f 7.00'itS.fM): common to fair heevos, 16.25
" Hi 7.00: good to clinlco yearllnsts. $7.75
.50: fair to good yearlings, $7.00(8)7.76;
" vntiimon to fair yearlings. $6.00iy7.00;
choice to prime heifers, $.006.75; good
to" choice heifers. $5.256.00: choice to
'p liiw rows. $il.00(;i 6.50; good to choice
v,cows., $.'i.?5(r5. i5: fair to good cows,
1.75 ft 5.25 ; common to fair cows. $2.50
; 4.50; good to choice feeders, .$7. 508. 60;
fair to good feeders, $7.007.60; common
to fUr feeders. !fi 007.00; good to choice
.: 'tiftockei-s, S7.60ffi,s.25: fair to good stock
ers. $8.50t 1.50; common to fair stockers,
$5.00ijc6."?: 1 -tock heifers. ,$4. 00f5.60;
"stock (on. S:l."ofn4.50: veal calves. $9.00
i-!10.50; bull.", sines, etc.. $4.506.00.
No.
10.
i.
32.
'15.
tVjj - '
!.J..
1 1 .
-'it.
0.
""i:' .
i i .
A.. Pr.. No. A v. Pr.
,. 1008 r, 6ft 18 1007 90
. .1130 7 0(1 18 1028 7 15
i. "47 7 25 17 1 191 7 35
,.1"04 7 '0 60 1292 7 60
..1238 7 70 HO 13R0 T 75
. .1450 7 '85 16 1124 8 00
v !- P.l.INCS.
.. t17 6 no .'..... 601 6 60
.. i5S 7 tiO 11.. 525 7 15
.. 63 7 V5 26 864 7 35
ST'-'.KPS AND HKIFKRS.
. . V,5 5 It) ' - 1 763 S 00
. . :!8 S TO 9 857 6 60
, . 771 li 9 652 7 00
rows.
. .1051 4 25 20 1025 4 63
.. 911 4 ,0 17 .1161 5 00
. .1077 5 10 , 26. ..... 1 126 6 5
. .135 2 5 40 24 1033 ' 5 CO
. . i !5." A r5 6 !26 '5 75
. . U'Of, li (10 - 24 901 6 00
.ST-V'ill'tS A":r PEBDRR'S. v
. . 796 o Oil 23 1029 6 75
. . S5 5 0.1 7 607 5 50
. . 887 5 85 14 807 00
..1031 U, 18 667 6 25
.'. 867 6 50
STOCKEP.S AND FEEDERS.
By ALEXANDER DANA NOVES.
Chicago Tribune-Omaha Bee Leased Wire.
New York, Feb. 1. Reflecting
again a confused situation, subject
to an unusual variety of conflicting
influences, today's markets resulted
in further decline and quick recovery
of foreign exchange, in another
downward movement of silver in re
currence of Monday's 8 per cent call
money rate, with consequent declyie
of stocks and in general weakness
of the commodity markets. Some
"of these movements, such as the
simultaneous weakness of silver and
commodities, doubtless euioodied
the action of a common cause; -the
others served mainly to illustrate the
complexities of current finance.
Whether regarded as an index to
financial opinion on the reparations
plan or merely as a reflection of in
ternational balances, today's move
ment of foreign exchange was ex
tremely interesting. All European
rates broke rapidly in the early trad
ing.' The pressure of sales," appar
ently in large nieasurt of purely
speculative character, carried down
sterling 4 kc from Monday's closing,
with ! declines oL nearly lie in 1 lie
French franc aniTof more than ic
in the German mark. .
. Karly l,oHea Recovered. .
This general decline was followed, how
ever, by u vigorous buytng movement
"under which practically all of the early
losses were recovered. fr'rencn. Italian
and German exchange, in fact, closed
higher than 6n Monday; siorllrif only hie
lower.
There Is no possiMIUy of judging the
extfiit to which this reappearance cf
ntrength was a conseoUeiu-e of the
markWa general position or of n feeling
that the new reparations plan may, after
all, turn tut" ta he practicable This
much Is reasonably cert.i'n; that if
further eonsidt ration has convinced Ku-
ropean financiers that t-ie Parts oroposal
could not possibly work, the adverso In
fluence nn the exchange, markei would
seemingly be unsurmount'ible.
Perhaps the conclusion of thoughtful
men will be based, first, on the fact thAt
trade totals and tax productiveness are
actually reaching vastly higher figures
nowadays than were conceivable In 1914,
arid second, that an Indemnity plan which
doea not work will certainly be modified.
Rcptttlion of the 8 per cent call money
rate may possibly have marked the tem
porarily continuing influence of the
French paynienta. on the principal of
"three cities loan" and on Installment on
the purchase of our army' war material,
' - Payment Provided For.
The French representative at New Torlt
Vald last week of these two payments.
wnicn ren nuu today ano wnicn joinny
nggregiited inor than '$30,000,000; that
they "would be provided out of P'rench
balances." This doubtless meant thnt the
money was loaned on call by she French
commissioners prior to the payment. If
so. It will soon return to the regular call
money channels. - But thio ta only an in
cident through which the actual character
of the money market of the moment was
Illustrated. Time money, which went
lower on Monday, returned to the previous
higher rates and banks reported inoreare
rather than decrease in the applications
for credit by interior markets.
On the Stock Exchange, prices declined
Irregularly but with little activity. The
passing ol the American rune c wiumi
for the Iirst tune since 4su may nuv
had some nfluence; but it was not unex
pected and the stock itself dfclined less-
than, some other industrial shares, me
iluv's London ortce of silver, 34 pence.
compared 'with 36 M pence on Manday; It
Is not uninteresting 10 ouserve ui
price la only 2 pence per ounce above that
which was ouoted as long ago aa January,
ion? Tho u-hpnt ntiri cotton markets de
clined, and spot cotton on the wholesale
market went to the lowest since the war.
Omaha, Feb. 1.
Grain receipts today were light
and prices were lower all around.
.Wheat lead the decline with the
market 26c lower, goojl grades be'
ing off about 2t?i4c. No. 2 hard was
off 4c for the bulk. Trading in this
grain was slow and some was carried
over. Corn ranged Vidil'jC o!f,
fgenerally lc lower. Oats were off
J-'jC Rve was sharply ott. bxport
sale of 200,000 bushel of wheat to
Italy was reported made late today,
but aside from this there was little
evidence of much foreign demand.
The Indian wheat acreage is offi
cially placed at 18.028,000 bushels
against 22,154,000 last year and 16,
748,000 acres two years ago.
Chicago Grain
No. 1 hard:
' No. S hard:
t car, $1.63
(smutty).
No. i hard:
1 car. $1.49
WHEAT.
1 car. $1.68. ",
1 cur, $1.66!
(smutty) ; 1
cars, $1.55;
car, $1.50
16 813 4 10 31 , 672 6 00
V ,2 820 J 23 A
CALVES. - '
' A. 4?6 4 50 8 4'.'6 6 00
! 408 7 13 5 310 7 60
.. 6 166 10 50
" 'Hosts Today's run of hops was esti
mated et 21,500 Head, the heaviest Tues
,day receipts In two years. All classes of
, buyers took advantage or the big supply
. lo cheapen cost and good hogs had to
t .sell mostly at prices 25c lower. Ordinary
' pocking grades, heavies and heavy mixed
met with a poorer demand than good
- "hogs and sold, In most cases, at greater
declines. Bulk , of supply changed hands
'at a spread of $.t.i!59.10, with . best
bacon grades making a top of $9.15.
HOC?
No. Av. Sh. Pr. No. A v. Sh. Pr.
58. .336 ... 8 60 69. .281 ... 8 75
7S..233 ... 8 80 70. .255 ... 8 85
71. .251 ... 8 90 65. .261 .... 95
72. .227 ... 9 00 47. .188 ...) 9 10
76. .214 200 9 15 36. .220 70 ,9 20
Sheep and T.ambs Something like 8.000
sheep and lambs on sale this morning,
the market ruled generally steady with
i tho low close yesterday or about " 25c
lower than the average trade. Packing
demnnd was dull and Indifferent. Best
-lemba brought $9.25 and good fat ewes
had to sell at $4.50. Heavy lambs wero
" ciuoted down to $7.60J7.76. A few feed-
ers were offered rind values In this branch
of the trade showed no material change.
" Quotations on sheep: Best fat lambs,
$9 0089.25: medlmi) to good lamba, $8.25
,,Si8 75; plain and heavy lambs, $7.60 ft
' 8.00 yearlings, $7.ft07.75; aged weth
, i ers, $4.75ifi'5.60: good to choice ewes.
84.250 4.50; fair to good ewes. $3,754
4.25; heavy ewes. $3.50484.00: cull . and
eanner ewes. $1.503.00; feeding lambs,
?O.UVI(
08.76;
.' 141 Slont 90
"208 Mont ss
,i 230 Fed 96
,165 Fed 120
feeding ewes. $2.7543.25.
FAT T.AMBS.
8 35 164 Mont 90 t 25
8 25 201 Mont 83 8 15
7 50 - .
FAT EWES.
4 40 -
New York Quotations
1 car, $1.52; 3 cars, $1.50;
(bmuttv): 2 cars.. $k48
(smutty); 1 car, $1.47 (smutty).
No. 5 hard: 1 car, $1.48; 1 car, $1.44
(musty).
Sample hard: car, $1.42 (musty).
No, 2 mixed: 1 car. $1.53 (loaded out).
CORN.
No. 3 white: 2 cars, 61c.
No. 4 white: 3 cars, 48c
No. 3 yellow: 2 cars, 61c.
No. 4 yellow: ft cars. 4Rc.
No. 6 yellow: I car. 47 4 (19.S per cent
moisture). , ,
No. 2 mlx4' 1 car. Elc; $ cara, 60 Vic;
4 cara, 60lic;T car, 60c.
No. 4 mixed: 5 esrs. 48Uc: 8 cars. 48c
1 car, 47'.4 (no tonnage). x
- OATS.
No. 2 white: 1 car. 37lk- ,
No. 3 white: 2 cars. 37Vjc.
No. 4: 3-5 car, $1.29.
. BARLKT.
No. I feed: 1 car, 48c. .
OMAHA RECEIPTS AND 8H1P.MEXTS
(CARS.)
Receipts- Today.
iv neat 23
Week
ago.
Year
age,
28
42
88
Corn
Rye
Bailey
Shipments
Wheat Corn ... ; ... .
Osti 35
Rye i 11
Barley
PRIMARY RECEIPTS AND SHIPMENTS
(BIS.)
Today. Tr. Ago,
. .. 777,000 519,000
...1,408,000 895,000
. .. B28.0UB -58g,000
30,
I
65
80
21
Receipts
Wheat
Corn ,
Oat
Shloments
Wheat
Corn
Oata r
, 660,000 676.000
751,000 689,000
, 640,000 . 466,000
EXPORT nr.EARANVKS
Wheat 491,000 262,000
Corn 369.000 3.000
CHICAGO CAR 7,OT RECEIPTS
, Today Week Ago Year Ago
v neat 37 49 63
torn 609 1562 215
uais 98 242 9!
KANSAS CITT CAR LOT RECEIPTS
Today Week Ago Year Ago
90 280 135
18 f 60 33
iUUlS UAH LOT RECEIPTS
Today Week Ago Year Ago
in 69 28
73 144 119
47' 90 1AA
NORTHWESTERN CAR LOT RECEIPTS
WHfcAT
Today Week Ago Year Ago
...231 161 . J54
...f6i 92 2
595 768 179
Wheat
Corn
Oats '.
ST.
Wheat
Corn .
Oats
Mlnnen polls
lmiutn
Winnipeg
CHICAGO CLOSING PRICES.
By Updike Grain Co., Doug. 2627.
Feb. 1.
Art. Open. I High. Low. I Close. Yes'y
N. V. & H. R
Chef. Ohio
Erie R. U
Gt. Northern, pfd
Chi. Gt. West. ...
Illinois Central ..
Mo., Kan. & Tex .
Kan. City So. ...
Missouri Pacific ..
N. Y., N. H. & H.
Northern Pac Ry.
Chi. ft N. W.
Penn. It. R
Reading Co
C, R. I. & P. . . .
So. Pacific Co. ...
Southern Ry
Chi.. Mil ft St.
t'lilon Pacific .
Wabash
71 'A
69
13 A
77
go'tt
R.uige of prices ot the leading stocks
furnished by Logan & Bryan, Peters
Trust building:
RAILS.
. v - - Monday
; High Low Close Close
A , T & S. F 82 Va 82 83 83
Baltimore Ohio 34V, 33 34 34ft
Canadian Pacific 1 1 6 V 115 118 111
VI '4 ' Us mt
5Sk 58 H 68
13V4 13H 13i4
77 75H 76
84 84 84
90?i 89V
3 2 2
IBS 19H 19
19 I814 18V4
20 20 29
86 84 85
68 67V. 68
. . 404 40 " 40
..83 82 83
. . 26 26 26
.. 87 96 96
. . 22 22 2
P. 27 27 27
..119 119 . 11
.. 8 7 7
STEELS.
Am. Car & Fdry.122 122
Allla-Chal. Mfg. .. 36
Am. Loco. Co ... ,82
Utd. Alloy Stl. Cor 31
Bald. L,oco wrKa ss
tie S
29
93
30
63
31
94
34
82
31
88
55
29
92
30
53
31
93
Chicago Live Stock.
'Chicago, ill., itb. 1. Cattle Receipts.
n.vvu neao; oeer sieors, null; mostly 25c
lower, many unsold at noon: few early
sales choico yearlings and handywelghts,
, steady; top. $9.50: bulk. $7.0098.50; she
.stock, largely 25c lower; bulk, $4.7566. 00;
4-anners. mostly $3.263.50; bulls, weak to
ci.'6o lower; bulk . bologna, $5.00 0 5.50;
calves, steady to 25c lower; bulk vealers.
J10.50ll.50; stackers) and feeder, slow to
, 25o lower.
, Hogs Receipt. 64,000 head; market,
fairly active, uneven; mostly 10c lower
than yesterday's average; spots, more; top,
$10.25; bulk 200 pounds down, $9.90
' $10.15; bulk. 220 pounds and up. $9.26
9.55; pigs, steady to 15c lower; bulk desir
able 90 to 120 pound pigs. $9.8510.15.
Sheep and Lamba Receipts. 11,000 head;
killing classes generally steady; lamb top,
$10 00; bulk, $8.504i7.95; choice handy-
Weight yearlings, $8.00; bulk, $7.007.75;
'choice light ewes. $6.00; bulk fat ewes,
,4.004.60; choice 125 pound wethers.
' V!: good 70 pound feeder lambs, $8.50,
( steady.
Kansas City J4va Stock.
Kansas City. Mo., Feb. L Hogs Re
.;Jceipis. 16.000 head; tight hogs, gene-allx
.steady; others, mostly 1015c lowert best
butcher weights to packers, $9.40; bulk.
$9,0049.40; packing sows. . steady ; pigs,
. , steady to 10c higher; .good and choice fat
pigs. $9.7610.00.
Cattle Receipts. 13.500 head: beef
steers, she stock and stockers and feedeu.
25 60c lower; mostly 25c lower; steer
sales, $. Oilio 8.2-5: with $8.75 bid on best
choice heifers, $6.75ejT.OO; prime cows,
$6.0006.25; bulk she stock, $4.7566.50,
canners, steady, mostly $3.003.25: calves,
steady to $1.00 lower; top vealers, $11.60 lo
,' shippers; few above $10.00 to packers;
bulls, steady to 25c lower.
Sheep Receipts, 12,000 head: killing
classes. 25 50c lower; handyweight year-
; lings, $7.75; light lamba. top. $9.50.
,' Sioux City IJrestoek.
Sioux City, la., Feb. 1. Cattle Re-
c'elpts, 2.800; fed steers and i-earllngs.
- v00g 9.00; market slow and weak; fat
s cows and heifcra ,$5.OO7.50; canners,
S1,00fi4S; veals. $3.6009.50; feeders.
86.00S7.75, calves, $4.00437.00; feeding
jv cows and heifers, $3.5065.50; stockers,
4.606.75.
Hogs Receipts. ,600: market 10 to 40
cents lower; choice, $9.1069.36; mixed.
8.809.20: heary; -18.709.16; bulk of
sales. g.73$P9.1&.
nneep Heceipts. 7,000! market lower;
common lights. $8.9009.10.
St. Joarah TJ Stork.
St Joseph. Mo.. Feb. 1. Cattle Re
ceipts 3.000 head: market weak; unevenly
lower: steers. $g.00O$.69- cows and helf-,
ers, I3.50ei.00: ca!ves. 16.60010.60.
Hogs Receipts. 10,600 head; market
10c to 20c lower; top, $9.45; bulk, $8.90
.40.
Sheep and Lambs Receipts, 2.000
head; market 25c lower; lambs, $7,766
.; swee, $3.IOQ4.t, j
Beth Stl. Corp,
Colo PI. & Ir. Co
Crucible Steel Co. '
Am. Stl. Found. . .
Lack. Steel Co, ..
Mldvale Stl & Or
Press. Stl Car Co..
Rep Iron tfStl Co. 66 65
Rillwiv Ktl Knrir. K5U 85 V,
U. S. Steel ..k... 82 81'
fCOPPERS. -Anaconda
Cop Min 40 38
Am Sit k Rfg Co 43 41
Chile Cop. Co 12 12
Chino Cop. Co ... 23 22
Inspir. Cons. Cop 35 ?i 34
Kennecott Cop. .. 20 19
Miami Cop. Co. ...18 18
Nev Cons Cop Co 11 11
Ray Cons Cop Co 13 13
Ctah Cop. Co. ... 67 56
INDUSTRIALS.
122
34
82
31
88
56
, 29
93
30
63
31
93
65
85
82
19
18
20
85
68
41
83
26
97
23
28
119
123
34
83
32
89
57
WhU
Mch.
May
Rye.
May
July
corn
May
July
Oats
Mav
July
Pork
May
Lard
Mch.
May
Ribs
May
1.69
1.47
1.35
1.14
i
,64
MSI
.41
.42
22.50
12.50
13.10
1.59
1-47
1.34
1.14
.64 ;
.66
I
.41
.42
22.50 22.20
1.65
1.43
i
1.29
1.09
.63
.65
.40
.41
1.55
1.44
M.30
1.11
.64'
.66
.41
.41
12.60
13.10
12.50
113.02
f.60
1.48
1.35H
1.14
.64
.66
.41
.41
22.20 22.60
12.60
13.10
13.25
111.90 jll.92 111.82 111.85 112.05
Minneapolis Grain.
Minneapolis, Minn., Feb. 1. Flour Un
changed to 10c lower; in carload lots, fam
ily patents quoted at $9.109.25 a bar-
3 i rel In 98-pound cotton sacks.
Aln. Beet Su. Co. 46
A. G. & W. I. S. S 70
Am. Inter". Corp. 46 i
Am. Sum Tob Co 80f
Am. Tel.-Tel. . . . t9
Brook. Rap. Tran. IS .
Beth. Motors .... 4
Am. Can Co ?1
('hand. Motor Car 72
Cen. Leather Co. 40
Cuba Ca. Sug. Co. 23,
Cal. Pkg. Corp. .. 62
Cal. Perol. Corp. . 3
Corn Prod. Rfg. Co. 71
Nat. En. -Stamp 61'
Fisk. Jtubber Co.
Gen. 151ec. Co. .,
Gas. Wm.-Wlg.... 4
Gen. Motors Co, 15"
Goodrich Co 40i
Am. Hld.-Lth. Co. 9
Hask. & Brk. Car 68
U. S. Ind. Ale. Co. 8
Intern. Nickel ... 15
Int. Paper Co. ... 60
Ajax Rub.. Co. ... $6
Kelly-Spr. Tire 46
Key. Tire & Rub. 14
Int. Merc. Afar. 15
Maxwell' Motor Co- 5
44
69
45
79
99
12
4
30
70
S9
22
6?
36
70
6
36
42
12
2S
36
20
18
11
13
67
44
69
46
81
99
12
4
90
71
39
22
62
36
70
60
93
30
63
31
95
66
82
29
43
12
22
35
20
19
11
13
67
45
70
46
81
93
13
4
31
73
40
23
72
62
16 14 14 15 '4
128 127 127 128si
Mexican Petrol
Mid. States Oil ...
Pure Oil Co
Willys-Over. Co.
Pierce Oil Corp.
Pan.-Am. Pet.-Tr.
Piercc-Arrow Mot.
Royal Dutch Co.
C S. Rub. Co, . . .
Am. Sug. Rfg. Cu.
Slncl. Oll-Rfg. . .
Sears-Roebuck Co.
Stroinb. Carb. Co.
Studebaker Corp.
Tob. Prod. Co. ..
Trans-Cont. Oil ..
Texas Co.
4
14
40
9
68
68
15
69
36
46 46
13 14
14 14
6 6
! 1S.157
4
14
40
k.
68
15
$0
35
.14
35
8s
U
70
2C
64 l
68 4
93
24
89
37
67
53
10 U
43
13,
34 i
8
11 .
74
26 S.
63
67
91
23
86
3'7
66
63
9
43
13
34
SVi
11
74
25
64
68
91
23
86
37
67
53
9
43
C. S. Food Pr. Cr. 26 24 25
White Mot. Co.
Wilson Co., Inc.
Western Union , .
Westgh. El. -Mfg.
Am. Woolen Co.
Total Sales
39
42-v;
44
67
39
42
44
66
39
42
44
4
ill
41
9
68
69
15
61
3.1
47
14
15
6
158
14 ,
35
8
10
75
21
6 5
6S
93
24
89
57
63
10
4
25
9
85
44
7
....419.800.
' ; Mon.
' Close" Close
Money , g
M.ark Lot7
Sterling .3.8$
New York Sugar.
New York. Feb. 1. The market for raw
sugar was weaker under Increased vffer
Ings. with demand light. Thero were
"'! -ot oairi cf Cubas at 13-lSc
c. L f., late last night,. and 5.60O bags of
enezuelas sold late today on the sams
basis and at the close there were otUr
Ings of Cabas at 3o c. 1 f. equal to"
4.770 for centrifugal, without finding buy
ers. Crop advices from Cuba' were a litt'lo
more favorable, and receipts thera during
tbo past week had Increased materially
Bar SIlTer.
New York. Feb. 1 Bar Silver Domes
tic, wwygi loreign,
Mexican Dollars 44
Bran--$23.6024.00.
Wheat Receipts, 231 cars, compared
with 164 cars a year ago. Cash No. 1
northern, $1.55gl.59; March, $1.44; May,
Corn No. 3 yellow. 605te.
Oats No. 3 white, 3535c.
Barley 43(gi61c. .
Rye No. 2. $1.37 1.38.
, Flax No. 1. $1.691.70. . ,
St. Louis Grain. '
L,ouls. Peb. 1. Whsat March, $l.i9:
$1.59; May. $1.46. '
Corn May. 6565c; July, 7c.
Oats May, 41c bid; July, 41 c.
Kansas City Grain.
Kansas city. Mo., Feb. 1, Wheat
aiiucii, ti.io; Aiay, 11.394.
'Corn May, 58.c: July, 6161c:
September 62tj63c. 7,1
New York Cotton.
New York. Feb. 1. There were further
declines in the New York cotton market
during the day's early trading. Liverpool
was lower than due, exchange rates -wero
easier and yesterday's late reports from
the south showed declines in the spot mar
ket, especially from the southwest, ft-ir
opening at a decline of 5 to ,11 points,
active months soon showed net losses
A? to 30 Point", with March selling at
13,70c and May at 14.01o.
; Slight mldmornlng rallies met Increased
offerings, and the market was weak at
30 to 35 points below last night's closing.
This carried March off to 13.65c. or near
ly 8c a pound from the high jevel touched
on the January advance and within 49
points of the low record established late
in December. May sold at 13.90c and,
while prices showed rallies of a few points
early In the noon hour on covering, the
tone ws unsettled, .
Covering became more active for Mar.
with prices showing rallies of 15 or 20
points in tho afternoon.
Omaha Bay Market.
Market lower on account of heavy re
on Prir'e hy and light demand.
Alfalfa receipts light, demand fair to good
for better grades. Straw prices are lower.
No. 1 Upland Prairie Hay at. .$11.00012.00
No. 2 Upland Prairie Hay at.. 9.00010 00
No. I Upland Prairie Hay at.. 7.00 8.00
No. 1 Midland Prairie Hay at 10.00lo.50
No. 2 Midland Prairie Hay at 8.00 D.OO
jowiana i-raine nay at 8.0089 .00
Np. 2 Lowland Prairie Hay at 7.00? 8.00
Choice Alfalfa 22.00024.00
" J Alfalfa 19.00021 00
Standard Alfalfa 15.0018.06
No. 2 Alfalfa 12.0014.00
No. 3 Alfalfa 10.OOll.OO
g?'" ftr,Tw 10.0011.00
Whea,t Straw $.00 J.0O
New York General.
New Tork, Feb. 1. Wheat Spot weak;
No. 2 hard, fl.it c. 1. f. track New York,
and No. 2 mixed durum, $1.77 c.l. f. Uo
Corn Spot steady; No. yellow. 82 c
and No. 2 mixed, 82 c. I. f. New York 10
aay shipment.
Oats Spot duli: Nn. 1 white. E4c.
Pwk Steady; mess, $31.00 32.00.
Lard Easy: middle west, $13.101S.20.
Other articles unchanged.'
Xw York Produce.
New rorlc, Feb. 1. Butler Unsettled;
creamery higher than extras S0i5niin.
"mntlerr extras- "Kci creamery firsts,' 43
Eggs Steadier; firsts, S567c; others,
unchanged.
Cheese $rregular; unchangod.
Poultry Dressed, firm:
ens, barrels, 31040c: turkeys. 6fifl62-
Poultry Live, quiet; chickens, 30 SSc.
few York Dry Goods.
J.ew Tork, Feb. 1. Cotton goods were
quiet, with an easing tenrini?v in orrav
goods and yarns, following continued
weakness In cotton. Burlaps were quluter
with a softening tendency rtnorte.1 in
first hands. Silks are selling In moderate
quantities, staples being firrieY
Dress goods are steady. . with rrarta
moderate. - .
Chicago Produce.
Chicago. Feb, 1. Butter TTIrher:
creamery extras. 46c; standards. 44 c.
Eggs Higher: recelota. 11 ......
firsts. 63c: ordinary firsts. 42K0n -r
mark, cases Included, 60$62c. '
Foultry Alive, unchanged.
By CHARLES D. MICHAELS
Chicago Tribune-Omaha Hee Leased Wire,
Chicago, Feb., 1. The mental at
titude ana most ot tne news was
against higher values for grains and
lower levels were agini made for
May wheat, all futures of corn and
nearly Ahe lowest on rye, - while
March (wheat was within 6c of. the
lowest this season. Disappointing
consumptive demand from all parts
of the country and Europe combined
with Uight outside trade offset the
constructive iaciors. i rices ad
vanced at one time on profit taking
and covering, but the finish was
tame at rouses of 3-4c to 5;4c on
wheat, 'ic to lit on corn, lie on
oats, 3'ic to 5c on rye.and lc oirl
barley.
March wheat, which x has shown
contrestion of late, was on the mar'
kct in liberal volume and the
premium over May, which was 1254c
early, dropped to 1 1 ;4 c at tne close.
Its low point was $1.53, while May
was down to ?1.4oi. At the hnh
March -was $1.55 to $1.55 arid" May
at $1.4354 to $1.44. Rally in March
at the last was due to export buy
ing by a few' seaboard houses;
against 600,000 bushels sold mainly
to Italy and iiouaria. Keceipis, 11
cars. .
Corn Prices Slump.
Corn suffered from renewed local sell
ing and hedging by local and outside
markets. May dropped to 63c, but ad
vanced la on buying by local professionals,
who covered largo lines. Cash discounts
widened to 10o under May for No. 6
and 6c under for No. 4 grades. Lighter
offerings by the country, with a slow
eastern demand were factors against the
market,' yet' 'the close was at nearly tho
same as the previous day. Arrtvals were
386 cars, with shipping sals of. 50,000
bualiels.
Oats made a rally after touching 40c
for May, due to profit-taking. Selling was
mainly liquidating and hedging of small
lots, Tha finish was at Intermediate
prices. ,. Shippers are having difficulty In
securing directions on sales to the east.
Arrivals were 44 cara and sales 36,000
bushels. ,
Rye met selling pressure and had little
support otter than by profit-takers. May
touched $1.29 or within lc of the
season's low. Cash premiums were off
lc with business light.
Timothy seed was weaker at $4.60 to
$6 per 100 pounds. s
Fit Notes.
Liquidation wss on during the greater
part of the day. There was selling of
March and buying" of May by the largest
operators and good buying on the break
by houses who have been sellers of late.
Milling demand was better, with prices
2c higher at the last than seaboard bids
and sales 47,000 bushels. I
Argentine wheat was bought by Belgium
at equal to llc under American. Prices
in Buenos Aires declined 8c and Argen
tina Is expected to be used as a club to
force prices for American grains down
to enable Europeans to buy cheaper, de
pite the fact that we have sold a good
part of our surplus. India acreage was
given as 18,023,000, against 22,164,000,
last year. Receipts continue larger than
last year and export clearances were 491,
000 bushels wheat with 20,000 barrels
flour sold at the seaboard for export.
Export sales of wheat at the seaboard
were reported at (500,000 bushels with Italy
and Holland the buyers. Recently Italy
was reported as out of the market until
April 1. The demand was not active,
however, and premiums at the gulf eased,
with April loading: quoted at 16c over
March, f. o. b. the gulf. Belgium bougt
Argentine wheat ovir night at a flguro
said to ba about 12c' under what Ameri
can could be offered, c. I, f. Europe via
the gulf. , '
Domestic shipping sales at Chicago were
5,000 bushels wheat, 23,000 bushels corn
and 25.000 bushels oata.
Premiums on cash wheat were un
changed, .with red winter In good de
mand at 2630c over March for No. 1.
Offerings were small. No. 1 hard, 8
9c, and No. 1 northern, 8llo over March.
Red winter at St. Louis declined 6c, while
hard at Omaha was 4o lower. At Kansas
City hard was 20 So lpwer and red winter
unchanged to lc lower. Minneapolis wss
unchanged to 2c lower, with poor kinds
showing the decline.
Bonds and Notes
The following quotations furnished by
the Omaha Trust uompauy:
Approx.
Price.yield.
87 7.35
96 7.40
88 7.9j
Am. T. & T. Co. 6s. 1923
Am. T. A T. Co. 6s, 1924
Anaconda 6s, 1929
1923
1923
1929
Argentine Sterling 4s,
Armour 7. 1930
Belgian Gov't. 6s. 1925 ...
Belgian Gov't. 7s, 1946
Bethlehem Steel 7s,
Bethlehem Steel 7s,
British 6V.S, 1922 .,
British 6 1929
British 6s. 1937
C. C. C. St. L. 6s,
C. B. & g. Jt. 4s. 1921
Cu dally Pkg. 7s, 1923
B. F. Goodrich 7s, 1925 ...
French Gov't. 8s. 1945 ...
Japanese Gov't 4s. 1925 .
Japanese Gov't. 4s, 1931 .
Norway 8s, 1940
Morris & Co. 7s, 1930 ...
N. Y. Central .7s. 1930 ...
Pennsylvania R. R. 7s. 1930
U. S. Rubber 7s, 1930 ...
Swedish Gov't. 6s, 1939 .,..
Swift & Co. 6a, 1921
Swift & Co. 7s, 1925,
Western Eleatrlu 7s. 1925 .
Swiss Gov't. 8s, 1940 ......
Denmark 8s, 1945
Wcsllnghou.se Klcc. 7s. 1931
$440 for 2uo bond
9ii
., 92
.. 97
..loo
.. 98
., 95
.. 89
.. 87
. . 90
.. 97
. . 99
.. 91
.. 99
.. 81
..02 ,
. . 1 00
.. 99
..103
..105
..09
.. 81
..99
. . 97
..100
..102
.. 99
, . 98
:.53
8.40
7.77
7.00
7.80
7.90
7.15
6.75
7.60
8.60
7.45
9.70
8.00
10.25
10
7.95
7.80
6.65
6.30
7. 65
7.90
7.00
f.72
ioo
7.75
8.05
7.05
' Bonds.
Ths following quotations are furnished
by Logan & Kryan, Peters Trust building;
Am. Smlt. & Rfg. 6s 17 til 77
Am. Tel Col. 6a. 1946 81 j 81
Armour 4s. 1939 80 80
B. A O. Ref Is. 1995 69 70
B. Sg O. O't. 4s. 1933 0 65
0al7Gas. Cut. 6s, 1937 83 Hid
C M. a St. P. Gen. 4s. 1933 69 70
C, M. & St. P. Gon. Kef. 4a.
2014 6S i3
New York Curb Storks. V
Allied Oil 15 " Itf
Boston Montana 66 08
Boston Wyoming 115 116
Cresson Gold 1
Cosdcn Oil 6
Consolidated Copper 2'i 2'i
Elk Basin .'. 8 8
Federal Oil 2 2
Olenrock Oil 2 2
Island Oil 4
Merrit Oil '. 12 12 ft
Midwest ttefinln Co 138 140
Silver King of Arizona ,v 7 18
Sapulpa Oil 4 j 4
Slmms Petroleum 8 8
Tonopah Divide' 1 16-16 1
U. S. Steamship 1 1
U. 8. Retail Candy 8 8
White Oil 15
" Foreign Lxcliance Rates,
Following are today's rates of exchange
as comparer, wun me var valuation, r ur
nishea by tne rctcrs jsationai name
Austria
Belgium
Cserho-Slovakla
Denmark
England
France
Germany
Greece
Italy
Jugo-Slavia ....
Norway
Poland
Sweden ,
Switzerland
Tar
Valuation. Today.
, '.30 .0032
. .196 .0745
.OHO
. , .27 .1960
. . 4.86 - 3.85
. .193 .1(710
. .238 .0165
." .195 .0760
. .195 .0374
.0U7
. .27 .1870
.0029
. .27 .2205
.. .195 M615
Libety Bond Prices.
New York. Feb. 1. Prices of Liberty
bonds at noon were; 3s, 91.86; first 4s,
87.20: second 4s, 86.10: first 4s. 87.00:
second 4s, 85.84; third 4s. 89.12;
fourth 4s, 86.20; Victory 3s, 97.22;
Victory 4s, 97.20.
Liberty bonds closed: 3s. $91.90; first
4. $87.20; second 4s, $85.70; first 4s,
$86.70; second 4s, $86.70;' third 4s,
$89.06; fourth 4s, $86.00; Victory 3s,
$97.18; Victory 4s, $97.20.
C, R. t. & P. Ref 4s, 1934
1. ft H. G. Col. 4s. 1 9C I
Gt. Nor. 4s., 191 ...
III. Central Jt. Is, 1938 ,
Mo. Pac. 6s, 1923
Mo. Pac. Ref. 5s. 1926 ,
Mo. Pac. Gen. 6s. 1976 .
Rio Grand W. 1st 4s, 1939
St. I. & S. F.
St. L. & S. F.
St. U & S. F.
S. T. & S. W. Inter 6a. 1952
. ir. col. Tr. 6s, 1939
Wilson 6s, 1941
K. ('. Sou. 5s, 1959 ...
C. O. 4s, 1969
Sea 11a 1 4s, 1989
Col. South. 4s, 1935 .
C. ft O. 6a
I. R. T. 6s
Hud. & Man. Ref. 6a .
68 u' 68
03 Si 64
80 81
N5 Ol 85
90 Pl
6 ) 87
56 65
64 0 65
P. L. 4s, 1950 ., 61 W 61
Adj. 6s, 1955 . , 65 0 '6
Inc. 6s. 1960 . . 48 it 49
5 66
83 0 85
89 0 90
74 0 74
i2 62
40 HO 40
73 0 73
820 82
51 0 61
64 ty 64
New York Bonds.
Tho following quotatlpns are furnished
by Logan & Bryan, Peters Trust building:
,. 77 78
68 0 68
64 0 85
72 0 73
97 0 97 Vi
7S0 79
73 78 ,
80 0 83
"18 0 25
77 0 77
810 81
82 0 84
94(0 95
"8 79
90 0 99
78 78
83 83
79 80
82
81
Atch. Gen. 4s
B. & O. Gold 4
Beth Steel Ref. 6s ...
Cent. Pac. 1st s
C, B. & Q. Jt. 4s
C M. & St. P. Gen. -4s
C. & N. W. Gen. 4s ...
L. & N, U. 4s
New York .Ry. 4s
Nor. I'ac. P. L. 4s
Reading Gen. 4a
U. P. 1st 4s
IT. S. Steel 6s
U. P. 1st Ref. 4s
8. P. Cv. 6s
S. P. Cv. 4s
Penn. Con. 4s
Penn. Gen, 4s . . . ,
C. & O. Con. 6s V
Ore. S. L. Ref. 4s
::.f:
Fremont Joint Lund Hank
Enlarged hy Consolidation
Consolidation of the Peters Joint
,tock Land bank and the Fremont
Joint Stock Land bank, effective
yesterdav, has been announced. The
name of the Fremont Joint Stock
Land bank will be retained and a
capital of $250,000 js announced. Dan
Stephens of Fremont will be presi
dent of the consolidated bank.
Headquarters will be in Fremont.
Omaha Continues First -
City in Output of Butter
Figures compiled by the publicity
bureau of the Chamber of Commerce
show that Omaha continues to rank
as the first city in the United Slates
in annual output of butter.
Omaha's butter output for 1920 is
valued at $25.623,530,
Two Farmers File Petition
In Bankruptcy ut Norfolk
Norfolk. Ncb., Feb. 1. (Special
Telegram.) Adolph H. Kngelhart
and Herman N. Kuge of fierce
county, both farmers, have filed a
voluntary petition in bankruptcy in
federal court here. They set their lia
bilities at. $64,093.28 and assets nt
$51,727.50 ,
"Onward Omaha" Bee Want Ads.
2
?(&
New Tork Coffee.
New York, Feb. 1. The market for cof
fee futures was -lower today, under scat
tering ltqulclattonRCtompanled by reports
of easier firm offers from Brazil. First
prices showed a decline of 3 to 8 points
and active months sold 11 to 20 points
net lower, with May easing off to $6.80,
or about 53 points below ths high, point
of last Wednesday.
That delivery closed at $6.88, with the
general market showing a net decline of
14 to 19 points. March, $6.48; May, $6.88;
July, $7.26; September, $7.66; October,
$7.76; December, $7.88.
Spot coffee was reported In lfght de
mand at 6c to 6o for Rio 7s and 9c
to 10c for Santos 4s.
Chicago Stocks.
Tho following quotations are furnished
bji1 Logan & Brian:
Armour & Co. pfd ,', 93 ....
Armour Leather' Co. com 12 ....
Armour Leather Co. pfd. .... siv
Commonwealth Edison Co. ...106 ....
i:uaany racking Co. com. ... 60 62
Continental Motors 1 ....
Libby. MeNeil & Llbbv - 1214 1!
Montgomery Ward Co 16 15-i
National Leather 8 8
Reo Motor Car Co, 12 ....
Swift & CO 1021A
Swift International 27
Union Carbide & Carbon Co. 66 65
Turpentine and Rosin.
Savannah. Ga.. Feb. 1. Tumentlne
Quiet; 92c;no sales; Receipts. 12 bbfs. ;
shipments, 87 bbls. ; stocH. 15,609 bbls.
Rosin Quiet; no sales; receipts, 290
casks; shipments, 221 casks; stock, 83 298
casks.
Quote B. D. E, F. O. H. I. K. M. N.
WG. WW. $11.00.
Dulutlv Feb,
arrive, $1.67.
Unseed Oil. ,
1. Linseed On track and
February
Investment Suggestions
High grade Bond and Investment issues have made decided
advances during the past month. Did you profit thereby.
W recommend early purchase of standard
securities to insure future high returns.
' , WE OFFER AND RECOMMEND
- ' - Due. Yield.
American Tel. & Tel 6s 1922 7.35
Anaconda Copper "... 6s , 1929 7.0
Armour & Co 7s 1930 v7.40
B. F. Goodrich Rubber Co ., 7b - 1925 9.60
Morris & Co..: 7s ,1930 v 7.60
National Leather Co 8s 1925 8.30
Swift & Co 7s 1925 7.72
Chicago, Milwaukee & St. Paul.. . 4s 1925 10.30
START A BOND ACCOUNT WITH US
OMAHA STOCK & BOND EXCHANGE
' Paul J. Vollmar, Mgr.
250 Peters Trust Bldg. Omaha, Neb.
A 20-Year Tax Free Investment
State of South Dakota
t
Rural Credit SVa Bonds
Dated January 15, 1921 Due January 15, 1941
These bonds are the the direct, general
obligation of the State of South Dakota;
are eligible V security forJPostal Savings
Deposits and legal for savings banks in
New York, Rhode Island and Connecticut.
The net debt of the state of South Da- j
v kota is exceptionally low; less than Vi. of
1 of the assessed valuation.
These bonds are free from all Federal Income Taxes
Price 101.21 and Interest
Yield 5.40
Investment
Bankers
U g Company C
Omaha
Kansas City
H. E. Harris. Resident Manager.
Douglas 6816
701 Peters Trust Building
1
Chicago Potatoes.
Feb. 1. Potatoes Steady: re-
northern white sacked.
ffl.ls IdU
Chicago.
Iceipts. 44 ears; northen
II.OO01.1O cwt.; bulk, 1
It you tvould be Wealthy
thinkjif saving as well as
getting
Benjamin Franklin
Invest
regularly a portion of your income
and build your financial future.
You owe it to yqurselfin so far as possible to pro
tect your funds against unwise "investment".
If conservative investment counsel is your need,
we offer the advice of our organization.
We shall also be pleased to send you a copy of our .
February Offering Sheet.' The more than 75.
securities listed are broad enough in range and
sufficiently'diversified in character to meet the most
exacting investment requirement. '
, . Ask for List OB-370
THE NATIONAL CITY COMPANY
HEAD OFFICE
NATIONAL CITY BANK BUILDING
NEW YORK
OMAHA
FIRST NATIONAL BANK BUILDING
PHONE D. 331 .
Bonds
Short Term Notes v
Acceptances
MS
Careful Investors
May now share in Omaha's prosperity and with
absolute safety employ their savings in the
purchase of the
First Mortgage 2 Years
SECURITIES BUILDING
COUPON BONDS
Dated February 1, 1921 Due August 1, 1923
Denominations $100, $250. $500 and $1,000
Priced $97 to Yield 7.32 Tax Free
These Bonds form the choicest in
vestment opportunity we know of
BECAUSE: . The security behind
them is of triple value
The "Securities" building earns
$55,000.00 net, annually nearly
three times the interest requirements
of this issue
The "Securities" building is 100
per cent rented, to the best class of
tenants, and has a big waiting list
, And, last but not least, this bond
issue is made a direct obligation of
the Guaranty Securities Company and
is further secured by that corpora
tion's $3,648,064.21 resources. ,
Every dollar invested in these bonds
will earn 7.32 interest tax free.
$970 Secures a $1,000 Bond
v That will earn $180 in thirty months, paying
$15 interest quarterly, on the first day of
. May. August, November and February of
each year, and $1,000 when you 'surrender
v the bond August 1, 1923, its due date.
While you are receiving these 'splendid returns
your security is growing bigger because it is
based on Omaha's prosperity, the bond being,
secured three times over by a first mortgage on
Omaha's busiest corner.
Small investors are as heartily welcomed as the
large buyers.
Call for Special Circular
Guaranty Securities Company
AND
Pioneer State Bank
SECURITIES BUILDING '
Farnam Street Entrance, corner 16th and Fa'rnam Sts.
OMAHA, NEB. -
n "aa
BiiHMsasaiaesssnlFrrX
Service...
m the Careful Handling of All Orders
for Grain and . Provisions for Future
Delivery in All the Important Markets
Wt Operate Offices at
0
Private 0 , .
Wire Connections
to All Offices
Except Kansas City
Omaha, Nebraska
Lincoln, Nebraska
Hastings, Nebraska
Chicago, Illinois
Sionx City Iowa
Holdrege, Nebraska
Geneva, Nebraska
Des Moines, Iowa
Milwaukee, Wisconsin
Hamburg, Iowa
Kansas City, Missouri
WE SOLICIT YOUR
Consignments of All Kinds of Grain
to OMAHA, CHICAGO, MILWAUKEE,
KANSAS CITY and SIOUX CITY
Every Car Receives Careful Personal Attenti
ion
The Updike Grain Company-
THE RELIABLE CONSIGNMENT HOUSE '
r J
v
.11.'.-