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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Feb. 3, 1921)
13 THE BEE: . OMAHA, THURSDAY. FEBRUARY 3. 1921. Market, Fina'ncial and Industr 1 News of the Day live Stock 'j r.b. t. Financial Omihi Cam. No, , 1.414 . T.44S 4.(0 tetpa wrf Official Monday... Katlmat Wlnf Three rtaya tht vk.17,f3 Sam day last wk.!3.4l sm 2 wka. ago. ..37,101 fan 1 wki. ago... ,! Sam year ago :4.04a 11.473 S1.0t Il.tOO (1.11 Jl 401 SI.7I4 41. ,1, Sl.iOS . T.304 7,300 84,2J 41.431 S1.4H :4,3i Iloeipt and dlapoaltlon of live mark at the I'nlon Stock Tarda, Omaha, JCeb., fir 14 sour ending at t o'clock p. in.. February 3. Hit. RECEIPTS OARS. Cattle lioga Shp. H.M. ' . xi. at or, i l Wabaah , Mlaiourl Plciflc ... 4 1'nton l'ariflc ..... SI :. N. W.. nut..., it r. K. W.. wot.. 44 . St. P.. M. O.. 24 '., B. A Q. cast.. B. A Q., west... SI "., R. I. P., eat. IS ,. R. I. P., weat. J Tilfnoi Central .... 4 Chi. Ot. Wterri . . 1 Total Reretpta ..ill DISPOSITION H E A D. cattla Horb Sheep. 10 i 'i '. m I 1 li M 11 " 'i ; 31 11 . i J 11 i : 31 l Morrla r Saift Ce t'tidaby Pack. Ce. . ' Aimour Co...... Sch'rl Ce. ... , .1. W. Murphy i Kt5 Pack. Co. .... Niper , l.lnr-ln, , ')gden Park. Go. . . , Wuiririn Pack. Co.. Jl"ffinn Broa Tntm Roth at Son. Mayerowich A Vail. Olaaaberg; . , P. OIa W. W. Hill. A Cor. T. P T.ewit .1. B. Root Co. . , rioeenatork Broa. .. . O. Kallogg Vathelmer Dtgn, Kill & Co Sullivan Broa M.-Kan. C. A C. Co. O. Christie ....... linker V John Harvey .lensen & l.undgren. l-nnis A Franria . , Omihi Park. Co. .. Other Buyer ...... 347 27 1,147 Hi i 14 32 10 4 13 14 84 177 4 43 4 i 14 14 64 ' 14 ' 771 I 30 1 1,101 1,4(7 3.446 .'.41 3. (63 617 4. 0( (6 :u "lH 111 1.462 2,374 648 1,533 Total ' 1,:41 6.S6T , Cattle: Another light run of cattle Wedneadav. about 4.000 head gave the market a breahing apell and further de cline In price wu at leaat temporarily rhncked. The other three day' recelpta of cattle thl week were (.000 leas than last and 7,000 leaa than a year ago and largely for thl reaacn- there waa a bet ter ahlpplng demand for the dealrable light and handy weight ateera and thoe commanded a ready aal at steady price. The aame was struck of the dealrable cows and heifers. Compared with a week ago preaent prices ars still SO07Se lower and the activity In the trade today waa riue more to light receipt than to any material lnoreaae In the demand for beef. Stockera and feeders were slow ale at about steady figure. BEEP 8TEER8. 1111 6.09 47 11S 7.0 744 .( 13 20 (.75 16 1160 . 30 1010 7. 1, 1052 7.10 14.' S1 7.40 31 1124 70 31 liOS 7.40 S 1144 7.70' ' STEERS AND HEIFERS. S2 800 7.75 li 664 6.00 'JO...... 810 (.IS ' 12 (74 6. 50 n mss c 7S is 170 7.00 - 14 114 7. IS 1! 183 7.2a YEARLINC.S. ..v. MS .1 S3 a 17 76 6. 3 IS 85T .6.60 14 730 4.75 10 .- 721 X7.00 0 I0 7.8S COW. 8 ,43 4-00 Id 1"2 4.60 12 1115 4.75 23 1204 5.15 10 1J10 5.25 1 1055 5.30 3ii 1145 5.40" 1! 170- 5.65 6. .....1148 Wl HEIFERS. K 811 4.50 11 657 5.00 4 765 5.40 10 .. 84 5.50 14 847 5.75 13 820 6.00 15 ! 4.25 25 869 (.75 STOOKERS AND FEEDERS. 13 701 4.40 1( 80 6.00 10 4U4 (.2 !0 726 6.50 25 ill (.70 33 1 7.15 CALVES. 4 i S4T 5.00 t SSOj 5. DO 4 :.4S 6.85 4....V. 336' S.00 2 155 10.75 Quolatlona on cftttlet Good to- choice '!. 1J.TSI.I5; fair to good beeves, (7.00M7.75; common to fal beeves. (6.000 7.00- good'to choice yearlinra, (7.6068.00: fair 1o (rood yearling. (6.7607.50; com mon to fair yearlings, (6.606.75; choice to prime heifer, t5.7664.75: good to rholre heifer. (5.0065.76; choice to prime rows. (5.75t4.26; good to choice cow. (5.00jp5.5d; fair to good cow. (4.6006.00; common to fair cow. (2.6004.25; good to i-hofe feedera. (7.5O0MO; fair to good feeders. (K.764S a0, common to fair feed ers. (;.00fii6.75; good to choice stickers, (7.26?. 75: fair 'to good tocker, (.25 7.15; common to fair stockera. (3.000 S.S5; aiock heifer. (4.0005.50: tock cows, (3.5064.50; veal calves, (I.50O10.59; stills, (tag, etc.. 14.6005.75. Hog Another liberal run of hog ar rived for today' trade, about 13,500 head ahowing up. Both packera and shippers furnished a brosd demand for desirable light and light hoitcher hog and these rlaisea (old freelfrom the atart at prices - mostly a dim higher. After ahlpplng orders were out of the way local packers put up their killing droves on a ateady to dime higher basla, lard hogs showing; little. If any, Improvement. Bulk sold at spread of 11.(501.20, with best hogs at top, (.(. HOGS. 41 !4f 8.15 71....:-v5S 73 20 .00 63 4S 0.05 H Hi . 22...... 180 8.20 tt 214 .2S 56 182 9.30 Sheep With 7,300 sheep and lambs on sal this morning the tra.de In fat classes appeared to be more active and good lambs aold at moderate advances with sheep ruflng about ateady. Fat lambs weighing around (7 pounds brought (4.25 ant choieelight or handy weighta are quoted up to (4.60 or better. Fat ewes reached (4.4004.50 and heavy ewea moved at (3.75. A few old wethers brought (5.00. Feeder wr acarce and about ateady, on lot of . feeding lambs going out at (8.60. FAT EWES. J55 10 4,40 0J 10 4.6 , CL'LL EWES. 4..:... tt 1.50 v FAT LAMPS. $14 87 .2S 242 73 7. 75 4(7 71 8.50 , TEARUJitf WETHERS. 111...:. 104 6.50 Quotation on sheep: Rst fat lambs. . 44 .201. 50: medium to good lembs. (8.75 At SSi nlnin and heavv lambs. 87.75H 4 74; yearlings, (4.2507.75: aged, weth ers. (4.5006.25.1 good to ' eholc"' ewee. (4.260 4.50; fair to good ewea. (3.76A 4.25; heavy ewes. (3.5004.00: cull and tanner ewea II. 6003.40; feeding lambs, tt.OO0(.75; feeding ewes. li.I.gl.io. Chicago Lite Stork. Chicago, Feb. 2. Cattle Receipts 11. 'n : market, beef steers slow to 26c lower: trade very slow; top, tl.10; bulk, (7.00 411.25: she stock slow to 25c lower, bulk lutcter cows and heifers, $4.60$ JO; can r,er and cutters mostly (3.0004.25; best heavy bologna bulls. (5.60 bulk, 14.760 5.25; calves unevenly lower, bulk good and choice vealerx. Il.260tl.59: fat heavy calves largely ta.00 01.00; atockers and feeders slow, lower. Hogs Receipts 28.000: market opened steady to 10c higher, closing weak to 10c out of line; practical top. (10.20; bulk 20 pounds down IS $6014.15: bulk 220 pounds up II. 250$. 55; pigs 10c to I5c 'owr. bulk desirable 80 to 110-pound pigs, 5l.:50t.O. Sheep Receipts 15.000; market strictly hone handy, eca-rce. ateady: all other killing classes toe lower; feeder lambs . 50c lower; lamb top. (10.00: bulk. 11.604 4.50: top ewes. (4.86: no choice yearlings acid: bulk. (7,00ft 7.60. ' Kaaaas City Uto Slock. Kaneaa City. Mo,. Feb. 2. Cattle R ceipts. (.(04 head: trade alow on all classes: sale generally ateady to weak; top steer. (8.61; other sales. (5 7508.15; good hsevy heifers. (7.00: bulk she stock. (4.5005.60: good heavy stags. (6.60: calves, ateady with packer level ef Tuesday; odd vealers. 111.0011.50; practical top. 110.64. Hogs Receipts, 1.2.509 hesd: light and medium grades, active: ateady to lOo higher; spots mors: heavies, unsold; bid lower; bulk of sales, ($.90.5: top. 11.4; packing sows and pics, ateady: good and choice fit pigs. $9.76019.00. Sheep and Lambs Receipts, 3.049 head; market strong: lambs. mostly 25c klgher; nothing rhoica offered; bulk best iamb oo ale, (1 10. SJ City Uto Stock. . Siou City, la., Feb. 2. Cattle-Re-' retpta 3.901; fad steers and yearling. li.60(.6O; market Slow. 26050c lower; fat cow and heifers, (4.5007.00; caaner. (2.7604.04; veala, (3.6001.(4; feeders, l6.50ttT.76: calves. S1.r0.76: feeding cow and heifers. C4406.ll; atockers, (4.004. Hogs Receipt. 1!,S4: market lJ5c lower: choice light, (8.0001.25; mixed. . . l(.6O0f.O: heavy, 3.00r4.$0; bulk of sales. ((.6l.l. Sheep Receipts. 1.500: market steady: common lights (86008.10. . T v (tar SUvsa. New York, Feb 2. Bar Silver tro nestle l$e: foreign. Oleic. , sia Dollar ltc M . By ALEXANDER DANA NOYES. Chicago Tribune-Omaha Bee Leased Wire. New York, Feb. 2. The incident w hich attracted irost attention in to day's market was the further rise in the call money rate to P per cent. This is the highest since November 12, in which week, it is , generally agreed that inoncy stringency reach ed its climax tor the season and when the lime money market rliled at 8 yer cent or higher, as against the 6'j and 7 per cent rate now prevalent. It is difficult to ex plain satisfactorily, the present call money movement unless on the sup position that, as has Occurred, in for mer periods when New York was under exceptional requisitions from interior banks, tho higher demand loan rate was in the nature of a bid to attract to this market, the re sources ot still otner marKCis wnere Omaha Gjain Chicago Grain Omaha Produce Bonds and Notes In such reserve districts as Bos ton, Cleveland and San rrancisco, Saturday's statement showed the reserve ratio to be 15 to 27 per cent above New York's, and last week the New York Reserve bank rediscounted with those three re serve banks $51.b28,000 of its own acceptance holdings. A hiRh call money market would amount to a similar though more temporary bid as between the private hanks. Slock Market j Weak. -A weak stock market! was the natural result of this ris In Stock Exchange nionev rates snd declines of 1 to 3 points occurred In numerous Industrial shares in a comparatively small business. Railway shares wre exceptionally steady; in most of them, the prlco hardly changed and In northern Pacific the spocn ktttv fraternity was able, on tho basla o some rather incoherent rumors, to put up the price nearly 3 points. .... Foreign exchange rates continued the recovery which began after Tuesday s early reaction. . Sterling advanced ltio today, -ranc slightly less than and ratea on nearly ull other European mar kets. Including Berlin, ended with moder ..! X'n tiAW rnncluaiona could be drawn from this sustained show of strength except lor me nmri """" 1Z the exchange market was this time ad vancing not only in the face of the new controversy over the German Indemnity payment, but In the face of a firm money market on Wall Street. At preaent, '.he rate for both short loans and long loans is lower In London than In New vorK. The Iron Age points out that, except for three months of the steel strike i in 119. January'a output is the smallest since Msy. 1916, when the country s steel in duslry was feeling the preliminary effects of tho European war , " . destined to produce uch amasing conse- , Grain receipts totaling only 84 which was corn. BY CHARLES D. MICHAELS. Chicago Tribunr-Oniaha Bee l-eed WIi-c. Chicago, 111., Feb. 2. Argentina news was the main factor in the wheat market today and tW. strength in it was the governiug fealure it; the other grains. T1m markets had a sold-out appearance at the,, start and with an extended short interest and .selling pressure, the markets porters in Argentine have decided to i showed 'more resistance to selling Omaha, Feb. 2. today - were light, cars, the bulk of The market was stronger a!) around, wheat leading with an advance ot le to c, best grades about a cent up. Corn was up VjC to lc. the btilk a cent higher. Oats were He up. Rye was higher aud barley about unchanged. Ex- offer wheat to Europe free of taxt said a report touay. The Argentine market after a sharp break early,. rallied about 4c a bushel later in the day, due to this decision and buy ing by export interests,., said the message. - Beneficial moisture has fallen over the winter wheat bel in the United States and at the present time com plaints of any character arc absent, although it is generally expected that growing weather will bring in reports of Hessian fly and p6ssibly crcpn hiltrc iti tlte cnlitliwecf' cave banks are in an easier position. Lh. Vr:r. rrT!.nt r.rain Rerlortcr Chicago. Omaha interests ex ported 50,000 bushels of wheat marketed here for export over night. Only 135 ears of all grains were loaded on Burlirgton lines yester day west of the Missouri River. WHEAT No. 1 hard: 1 car. 11.(4 (shippers' weights); 16(1.(0; 10(1.51. No. 2 hard: 1 car, $1.58 (special billing): 40(1.50; 1 11.34. (smutty);- 3$ 1(1.51 (smutly); 16j$l.l0 (smut'y). ' No, 3 hard: S cars. (1.54: 10(1.52 (smutly); 10.4. (emutly). So. 4 hard: t car. (1.51; 1011.50, (.mtutly): 1011.41. (smutly). No. 5 barer: lcar. 11.44. (smutly). Sample hard: 1 car, (1 41. No. 3 spring: 1 car. (1.70. (dark nor.). Saint. le soring: 1 car, (1.40. No. 3 mixed: 1 car, (1.59 (smutly). No. 4 mixed: 1 car. 11.45, (smutly). No.. 3 white: 1 car, 52Hc (shippers weights): 1 car, 63c; 1 car, 51 Uc. . V . ... 1 . - . . - - i n wiiiic. i -o rars, sue. No. 3 yellow: 2 cars. 62c. No. 4 yellow: 1 car. 1 cars, 4e." No. 5 yellow: 6 cars. 48c, No 3 mixed: 3, cars, 62c (dry); 2 cars, 51c. No. 4 mixed: t cars, 49c. No. 5 mixed: 2 2-6 -ars. 48c. Sample mixed: 1 car. 60c (dry.) " OATS. No. 1 white: S cars, 17ic. . No. 4 white: 2-3 car 37 Vic. ' Sample white: 1-3 ear. S7c. ' No 2 mixed: 1 car. 36"c. RYE. No. 2: 1 car, (1.34. BARLET. No. 4: 1-3 car. 48c. i OMAHA RECEIPTS AND SHIPMENTS (CARS). Receipts Today Wk. Ago Tr. Apo UC91IIICU tv ' " . quences In our home production and lor- n traae. ji appears, uu.s"- divergence of conditions as oeiweeu elgn trade. United 8tate Steel corporation and Its Independent competitors was uiusiraura last month even more strikingly thsn be fr. while tho. country's total Jairuary output was less by 300.000 tori than In December, the steel corporations Iron foundrlea turned out mora ay while production by other makets de creased 335,000. New York Quotations .rim of the leading stocks furnished by Logan & Bryan. Peters Trust building; High. Low. -Close. Tu.se . . 424. 814 81i 82 ... 14 33 3S ...114 115H 118 ... 711. 71 71 ... 684, 5844 58H ..! 13i4 13 13H .. 775, 75H 77i Wheat Corn Oats Rye Barley Shipments Wheat Corn Rye 27 3 17 44 50 36 7 It 13 3 4 1 1 1 33 98 4S 2S . 74 67 10 2 14 5 23 . 18 3 4.. A., T. & S. F. Bait. & Ohio Canadian Pac, Tf. Y. H. K. ... Ches & Ohio Erie R. R at. North, pfd. . Chi. at. West. ... Illinois Cent. ... Mo., Kan. ft Tex. Kan. City South. . Missouri Pac. ... N. Y., N. H. & H. North. Pac. Ry Chi. N. W. Penn. R. R. ... Reading Co C, R. I. & P. . South. Pac. C. . South. Ry Chi., Mil. A St. P. Union Pac. . . . y. Wabash 89 88 4 88H 2 ' 2fc 14 19V 194 1V 181, 18 18H S0H 104 20 58 ' 86 8 8 4 674 674 674 404 40 4 40 4 83 4 854 81 264 26 24 96S 95 96 24 22 2 2 474 24 tl ..119 1184, 11 STEELS. ...12144 1214 122 34 116 714 58 4 134 76 84 194 24 194 , I'H 204 85 68 40 i 83 86 4 96 i 224 274 119 74 PRIMARY RECEIPTS AND SHIPMENTS (BUSHELS). Receipts Today Year Ago Wheat 901,009 61 8,000 Cora 1,174,000 1,072,909 Oats 435,000 685.009 Shipments Wheat 791,000 698,000 Corn 645,000 462,009 Oats- 445.000' 662.000 EXPORT CLEARANCES, i "s , Today Year Ago Wheat 543,009 48,000 Cora 240,000 14.000 Oats ., 219,009 CHICAGO CAR LOT RECEIPTS. Today Week Ago Year Ago Wheat 11 25 - 24 Corn 366" 342 15-7 .Oata ... 44 64 80 I KANSAS CITY CAR LOT RETEIPTS, I Today Week-Ago Tear Ago Corn h 37 48 Oats 3 14 8T. LOUIS CAR LOT RECEIPTS. Today Week Ago Year Ago Wheat 94 132 51 Cora 101 135 99' Oats 44 53 . 58 NORTHWBtSTERN CAR LOT RECEIPTS Today Week Ago Year Ago OF WHEAT. Minneapolis 337 226 181 Duluth 156 158 10 Winnipeg 163 221 j 0 Am. C. & F. Allis-Chal Mfe. -r 344 34 Am. Loco Co. . ... 82 81 Utd. Al. Steel Crp. Bald. Loco Wks. .. 88 4 87 Beth. Steel Corp.. 56 4 65 4 Colo. i & 1. Co. .. 29 4 ' Cruel. Steel Co. .. 92 4 14 Am. Steel Ftir. .. 304 31 Lack. Steel Co. .. 53 53 Mid. Steel Ord.-314 SO 4, Pressed S. Car. Co 93 924 Rep. I & S. Co. .. 654 64 Ry. Steel Spring Sloss-Shef. Stl. & I 61 51 U. S. Steel 82 4 114 34 34 i 824 .... 314 S4a 884 56 4 66 294 29 85H 3 COPPERS. 384 404 134 234 844 194 184 11 134 654 42 674 45 794 99 84 l! 4 29 4 694 i Ana. Cop. Min. .. 284 Am. Smlt. & Rfg. 42 Chile Cop. Co. ..124 Chino Cop. Co 22 4 lnspira Cons Cop. . 34 4 Kenne. Cop. .... 194 Miami Cop. Co. ..18 4 Nev. Cons. Cop. Co. 11 Ray Cons. Cop. Co. 134 Utah Cop. Co. .. 56-4 INDUSTRIALS. Am. Iteet Sug. Co. 43 ' A. G. & W. I. S. S. 6(4 Am. Inter. Corp. .. 44 4 Am. earn Tob. Co. 79 4 Am. Tel & Tel'... 19 4 Am. Zinc.'L. & Sit. 8 4 Brook. Rap Trans. 124 Bthleheru Motors . 4 4 American Can Co. 30 4 Chand.' Motor Car 71 Cent Leather Co . . 34 Cuba Can Su. Co. 224 Cal. Pack. Cqrp. .. 62 Cal. Petro. Corp. j35ai Corn Pro., Rfg. Co. 704 Nat. En. ft Stamp. 60 Flak Rub. Co. ... 144 General Klec. Co. .127 Gast. Wms ft Wig. 4 4 Gen. Motor Co, .. 144 Goodrich Co 41 Am. H. . Llh. Co. 9 Haskell ft Bkr Car 67 U. S. Ind Alio. Co. 68 4 Inter. Nickel .... 154 Inter. Paper Co.. A 584 AJex Rub. Co 34 Kelly-Mprlng Tire . 454 Key. Tire ft Rub. . 54 Inter. Merc Mar. . 14 4 Max. Motpr Co. -. . 54 Mex. Petroleum ..1544 Mid. States Oil.... 134 Pure Oil Co 34 4 Wlllya-Over. Co. 8 4 Plena Oil Corp .. 104 Pan-Am P ft Tran. 74 4 Pierce-Arrow Mo. 26 Royal Putcli Co. . . 43 '4 U. S. Rubber Co . f.8 4 Am. Su. Rfg. Co. . 914 Sill. Oil ft Kfg. .. 23'4 "Scars-Roebuck Co 86 4 Strom. Carb. Co. . 344 Studebaker Corp . 67 4 Tcb Pro. Co 53 Trans-Cont. Oil ..44 Texis Co U. S. Food Pr. Cor. 24 '4 U. S. S.. Rfg. ft Mi. 34 4 White Motor Co. .. 384 Wlleon-To. Trie. . 4-' West'gh'se El. Air. 45 Am. Woolen Co. .. 66 4 Two o'clock sales. 450,300. Money . . Marks . , Sterling 39 63 304 424 65 4 5l" 38 4 414 124 224 344 194 18 4 11 134 66 4 30 4 534 314 934 65 4 854 38 vi 12 4 234 364 29 184 14 13 4 57 4 42 M 45 4 794 994 1H 124 4 59 4 704 39 4 214 34 614 ls 444 494 44 61 99 4 124 4 4 304 71 394 IV 624 34 34 354 694 70 704 60 eo 604 144 14' 144 127 127 1274 4 4 44 144 14. Hi 144 404 444 404 84 8 9 57 57 58 67 4 67 4 68 4 154 154 154 57 4 68 4 544 344 354 3-4 .4:.4 45'4 4 134 14 144 It 14 144 6 6 4 5 4 154 4 154 157 134 134 134 344 344 344 8 8 84 14 104 11 73 4 74 4 74 i 254 154 254 62 4 62 4 64 4 C7 4 67 4 68 4 69 4 90 4 914 23 23 '4 23 4 634 $6 864 364 364 374 56 4 66 4 57 4 624 63 53 94 94 4 434 23 4 23 4 25 344 ,344 ... 38 4 S8 4 29 42 42 424 44T4 45 444 65 66 4 66 4 Tuesday Close Clos . . 1 .... 0351 3.85 3h StnexD ni "Grti4 Ahead'' U a raeaarfcasl facf teaaae btMctaarisMjly Hrieraataaf. TelU kow I44r FarUaa accaaMlartod 410,311.82 is tea rears by systessa licallir lavestiag S2S Mtaty is lift leads listed secaritiea. B dida't laasal. look h4 ckascaa, Wt a mealed M a wis, ,1,.. -(441.4 Ahead" wa yao how to da ta -asut. Sod taefav far fraw Cay. KRIEBEJj & CO. CHICAGO CLOSING PRICES. By Updike Grain Co.. Douv 1627. Feb. i. Art. I Open. High. I Low. I Close. I Yes'y Wot. I I I I Mch. 1.58 1.69 1.65411.67 1.554 May 1.461 1.49x 1.45 i 1.4641 1.44. Rye. till May 1.39 1.344 1 39 1 1.154 1.304 July 1.114! 1.144 l.ll'.il 1.1341 1.114 Corn 1 I - ' May .65 4! .664 .644 .6541 .644 July ,674 .674 .664 -67 .66 Oat 1 ' May .4141 .414 .41.4 .414) .414 July .42 .424 .4l .42 41 -41 4 Pork I 1 May 22.10 122.39 122.19 22.30 j22.29 Lard tilt: Mch. U3.65 112.89 12.65 12.89 !12.69 May (13.82 l3.22 13-02 113.23 113.10 Rib I 1 . 1 May 111.15 112.10 111.92 '12.05 111.85 Minneapolis .rain. Minneapolis, Minn., Feb. 2. Flour 15 35c lower. In carload lots, family pat ents juoted at (8.764 9.19 a barrel in 98 pound cotton sacks. . Bran (23.50 24.00.' Whea--Reeeipts, 337 cars, compared with 181 car a year ago. Cash No. 1 Northern. (1.564. 6054; March, 11.454; May, (1.434. Corn No. 3 yellow. 6152c. Oats No. 3 white. 3a436 4c. Marlef 44C2c. Rye-tNo. 2. (1.39 4 1 40 ",. Flax No. 1.11.7441.764. St. Lout Craln. St. -Lou!, Feb. 2. Wheat March, 11.604; May. $1,49 4. Corn May, 664c: July. 67 4c Oats May, 42c; July. 42 4c. Kansas City tirain. Kansas City. Feb. 8. Wheat March, $1,49 4; May. 1.42 4. Corn May, 69 4c; July, 614c; Septem ber, 64c. and an increased disposition to re spond to anything favorable. Good advances were made and despite profit-taking on the bulge, closing trades were at net gains of,lJj2jc 011 wheat; Z:lbc on corn; on wheat. Si-?4c 011 com, J4c on oats. 22;4c on rye andlc on barley. Receipts were 15 cars. ' A misunderstanding of the Argen tina cables regarding the fixing of the surtax there and :he normal tax was the basis for a good buying movement in wheat, with an advance of 4(5" 5c from Tuesday's close. The only change was the lowering of the normal export tax from 17 to W.c for February and it is adjusted each month. Xhe discovery of the error and the mixup of the various cables muddled the trade for a time. Little llearlshness. Aside from the Argentina nens with the claim that their wheat la. underselling American In European markets 6n to 10c per"bube, combined with favorable crop reports from abroad, there was less bar ishness and the trade paid more atten tion to the constructive conditions. De spite the underselling of the American, wheat Italy, Holland and Switzerland were in the niarketTor wheat, although the quantities bought were not given out up t tr-.e close, but thev wero aaid to in clude Canadian. Southwestern farmers have stopped sell ing, owing u the break in prices. South western millers were said to bo paying more than exporters and 'it was reported that premiums at the gulf wero lowered 3 cenia One exporter, however, claimed that they were unehanped. Receipts have fallen off, primaries being 901,000 bushels with seaboard clearances of 843,000 bushels nil mining sales nere 31,090 bushel. " Corn Prices Higher. Corn prices at their highest were up nearly 3 cents from tho low of tho previ ous day. May touching 664c, with the finish nearly lc from the top point. An advance In wheat, .combined with, lighter receipts of 269 cars and smaller country offerings, were the main strengthening factors. Cash demand was slow, although: prices were up 14c at the best, with ship ping sales of only 25,000 bushels. Dis counts were the widest OB the crop, 9c to 94e for No. 4 and 10c to 11c under May No. 5 grades. Liberal sales developed on the advance, causing the set-back. Oats had good . support from Wagner who bought Hay) all day. Selling was mainly for profjs and against offers. Prices advanced dearly le and Hfflt part of it. Cach lots! were 4c to 40 higher and shipping sates 52,000 buehela. , Ryo offerings were light and buying better although! cash prices were, 124c over May. The class was at intermediate prices. Pit Notes. A a result of the unreliability of graia quotations from Buenos Aires. Argentina, J P. Griffin, president ef the Chicago Board of Trade, acting concurrently with! the directors, has ordered the discontin uation of posting Buenos Aires market prices. Thoy re misleading to the trade, snd do not represent the real conditions there, it is said. They are understood to be controlled by a few large European Importing houses and by foreign, buying agencies wko have used the Argentina market quotations to depress values of American grains to enable the foreigners to buy more cheaply. It Is said that their market prices to not correctly represent thereal supply and demand conditions. This is not the- first ttme that the board of trade has been obliged to shut off Buenos Aires quotations, as they wero discontinued several years ago, owing to their unreliability. Sentiment of the grain trade at tho close wa more- mixed. The rally today wss no more than tho market was natur ally entitled to after the recent sever break. The short Interest has been re duced by tho rally and they were afraid" that It might not hold. One of tr.-e largest traders who has been bearish, has turned on wheat, but Is not so sure ot corn, al though he believes that tr.-?re will be little on the selling side for the present witn receipts decreasing. -.While there was some export business in Manitoba wheat at the seaboard, quan tities were not given. Part of the buying of futures at Chicago by exportera was against the sales of the, previous day. Omaha reported 50,000 bushels wheat sold to the seaboard. Domestic shipping sales at Chicago Wed nesday, were Sl.OOOjushels wheat, 25. 000 bushels corn and 52.000 bushels oats. New York Cotton. New VnrV Feh J. The New York cot- fton market showed continued nervousness and irregularity today. Liverpool , was about as due, arid the market here started 8 points lower to 5 point higher, with the tone steady, but soon eased off under southern selling and scattering commis sion house liquidation. After selling off to 13.65c for March and 14.304prIuly. of 12 to 20 points net lower, prices rallied on covering. The market at noon was unchanged to 1 point higher. There was some trade buying during the morning, but local bankers attributed the bulk of the de rrsund to covering. f Reports that a prominent British trade authority waa urging the governments of all cotton producing countries to buy up surplus supplies in order to prevent a reduction in acreage and stabilize indus try was followed by a flurry of covering in the afternoon. Prices rose 13 to 21 points net higher, but sagged back in the last hour. St. Joseph l ive Stork. St. Joseph. Mo.. Feb. 2. Hogs Re ceipts. 14.000; ''for lights, steady to 10c higher: others slow and weak; top, $9.50; bulk. $8.909.4O. Cattle Receipts. 4.000; market slow anil lower; steers. tS.OOtSit.AO: cows and heifers, $3.007.60; calves, $S.O0ig9.6O. Sheep Receipt. 5,000: market steady to Joe lower; lambs. $7.5069.00; ewee, $3.60tf4.50. New York Metols. New York. Feb. 2. Copper Dull: elec trolytic, spot and first quarter, 114 13c. Iron Unchanged. Tin Easy; spot and nearby, $32.00 SS.50; futures. $33.00ttS8.5O. Antimony Spot, 15.6n6.02x. J.cad Dull; spot, 4.75c. Zinc Easy; East St. Louis, spot, 5.00 5.15c. Chicago Produce, Chicago. Feb, 2. Buttei Lower; cream ery extras, 46c; standards, 44c. Egg Lower: receipts, 12,214 esses: firsts, 61He; ordinary firsts, 47649c; at mark, cases Included, 49 061c. Poultry Alive, unchanged. London Money. London, Feb. 3. Bar silver 36 lid per ounce. Money 44 Per cent . Discount Kates Short and three-month bill. 64 per cent. 6V2 and 1 First Mortgage Farm Loans and ' First Mortgage Farm Loan Bonds. Denominations, $1,000, $500, $100. Free from State and - Local Taxes. Call or write for offerings. ' National Bank i.vftrvioo , Southwestern Bell Tel. Co. 1925 96y2 To Yield 8 i A t f, $102,750,000 against liabilities of $41, 750,000. Earnings, 4 times interest requirements; Circular on request. Burns, Brinker & Company Bond and Stocks for Investment OMAHA, . LINCOLN, ' S. W. Corner 17th and Douglas ' 506 Little Btildinf 1 ' Fruit Bananas: per lb., 10c. Orange! 150-176, $.i.50: 200-216. $5.60: 26D-288. $5.26. Lemons: 270 Sunkiat, $5.50; 27, choice. $.'.. liVapa fruit: Hlue Uooae, Skl 111 or Favorite, 4ti. $4.75: 51. $5; 64-70-KO. $5.50. Apples: Delicious. 175-1S8-200, $4; fancy Wine aps, staynien or-uld faahioned, 72-80-88-1 13-143, $3; 175-20Of2U-225. $2.75; choice. 175-200-216-225. $2.60: Jumble $1.?;; Ganoes. $3; HI. Twigs, $3; . York Imp., $:t. Vegetables Sweet, potatows. oaskets, $2 50. Potatoes: Idaho White, cwt., $2.2: It. n. Ohio, $2.50.' Cabbage, per lb.. 24c. Unions: Spanish. tates, $2.50; Red lilobe, per lb., 2 4c. Kngllah wal nuiS, Black Diamond, lb., 2Tc Root Vegetables Beets, carrolte, per lb., 24c; parsnlps-rutabagoes. . 24c; white turnip, per lb., 3c. Green vegetables: radishes, per doz., $1.25; shailotts, per doi., $1; parsley, per dog., 90c; aplnach, per lb.. l2e: cucumbers, per doz.. $4; green peppers, per lb., 40c; leaf lettuce, per dox., 81c; head lettuce, per cru, $4: head lettuce, per do.. $1.50; cauliflower, per crL, $3.25. California celery: rough, crate, $6.60; extra Jumbo, washed, $1.75 special Jumbo, washed, $1.50; medium Jumbo, washed. $1.25. x ' Miscellaneous Honey, !t frames, per case, $7; dates. Dromedary, 36 pkgs., per case',' $6.75: Checkers-Ciiuiiis-Crackerjack, 100 to case, prixe, $7; 50 to case, prize, $3.50; 100 to case. No. prize, $6.75; 50 In case. No. prize, $3.40. Nuta Cocoanut. per sack, $9: cocoa nuts, per doz., $1.49; peanuts, Jumbo, raw, 16c; peanuts; Jumbo, roast, ISo; peanuts. No. 1, raw.jlOc; peanuts. No. 1, roast, 12c; peanuts, ld-lb. .can, salted. $2.75. Wholesaij) prices of beef cuts, effective January 31, are as follow: No. 1 ribs, 24c; No. 3 ribs. 164c; No. 2 loins. 28'c; No, 3 loins. JO'c. No. 2 rounds, 2c; No. 3 rounds. 16c. No. 2 chucks, M4e; No. 3 chucks, $4c. 'o. 2 plates. 9i-c; No. 3 plates,, 8c yjsw York Money. New York, Feb. 2. Prime Mercantile Paper T4 per cent. Exchange Strong. - Sterling Demand, $3,844; cables, $3,854. Francs Demand. 7.20c; cables, 7.22c. Belgian francs Demand, 7.55c; cables, 7.57c. Guilders Demand. 33.80c: cables, 33.90c. Lire Demand, 3.65c; cables, 3.67c. Marks Demand, 1.61c; cables, 1.62c. Greece Demand, 7.30c. Argentine Demand, 35.37c. Brazilian Demand, 15.25c. Montreal 104 per cant discount. Time loans Firmer; 60 days. 90 days apd-slx months. 64APer cent. Call money Firm; high, 9; low, 8: rul ing rate, 8; closing bid, 8; offered at 9: last bid, 9.- New York Coffee. New York. Feb. 2. The market for coffee futures showed rather a steadier tone today. Buyers found no encourage ment in the Brazilian cables, but the unsettled ruling of tho pr4inaj$ markets failed ce inspire much selling hero, and after opening 1 point higher to 3 points lower, prices rallied on scattered covering. March advanced to 6.63c and May to 6.96c. or 6 to 8 ponts net higfcer. The close was a few points off from the best, at 6.99 for May, with the general market closing net unchanged to 4 points higher. Closing bids: March. 6.49c: May. 6.90c; July, 7.30ej September, 7.68c; October, 7.79c; December. 8.00c. i Spot coffee was reported in moderate demand on the basis of 64c to 64c for Rio 7s and 9 4c to 104 j for Santoa 4s. New York" Psoirue. New York. Feb. 2. Butter Easy; ctmmery higher than extras, 48449c: creamery extras, 48c; creamery firsts, 42 6 44c. V.fBu Steady; first. 56657c; others un changed. Cheese Irregular; state whole milk flats, fresh special, 23425c; other un changed. . . Poultry Live; easier: chickens. 3032c; fowls. 32&34c. Dressed, Irregular: west ern chickens, boxes, 40&60c; barrels, 30 42c: fowls, fresh, 2546c; roosters, fresh, 25 28c. New York General. New York, Feb. 2. Flour Market easy: soring patent and Kansas straights. $8.65 09.15. Wheat Spot Market easy: Xo. S hard. 81.824 c. 1. f. track New York and No. 2 mixed durum, $1,74 4 c. 1. f. to arrive. Corn Kpot Market steady; No. 2 yel low, and No. 2 mixafl. 82 4c c. i. f. New York 10 days Shipment. Oats Spot Market easy; No. 1 white, 53 4 c Pork Firm; sines, $31.B032.50. , Lard Firm: middlewest. $13.20613.30. Otter article unchanged. Turpentine and Rosin. Savannah. Ga.. Feb. 2.--Turpentine Market jUjiet. 92 4c; no sales; receipts, 74 barrels: shipments, 208 barrels; stock, 15,375 barrels. . Rosin Market quiet; no sales: receipts. 454 casks; shipments, 525 casks; , stock, 83.237 casks. Quote: B, D. E, F, G, H, I, K, M, N, WG. WAV", $11.00. Liberty -4ond Prices. New York, Feb. 2. IJberty bond prices at noon today were: 34s. $91.72; first 4s, 86.59 bid: second 4s, 85.54; fisst 44. 86.09 birl: second 4s. 85.68: third 4 4 s. 19.14; fourth 44. 86.12; Victory tr 97.24; victory 44s. 97.24. Ths following quotations funiinhcd by the Omaha Trust eompHit) : Appro. Price. Held. ' A m. A A A Aritiour 111. T T. Co. e. 19:2 . m. Tf T, Co, t, 1924 . naconl Viix 199- rgeiitlf Slewing 4s. $Uti Bolgian tiov't. 6s, 1925 Belgian OWt. 7 4 5. 1945 . Bethlehem Steel 7s. 1924 . Bethlehem Steel 7s. 1923 . British 5V-s. 1923 British 6 4s, 1929 British 64s. 1917 ....... C. C. C. St. L. t!s. 1929 . O. B."-t . Jl. 4s. 1921 ... Cudahy Pkg. 7s. 1923 B. F. Goodrich 7s, 192 ... French Gov't. 8s, 1943 ... Japaneso.Gov't 4 4. 1925 . Japanese Gov't. 4s. 1931 . Norway $, 1940 Morrta Co. 7 4. 1930 ... N. Y. Central 7s. 1930 Pennsylvania R. R. 7s. 1939 IT. S. Rubber 74s, 1910 Swedish Gov't. 6s. 1939 ... Swift & Co. as, 1921 Swift & Co. 7: 1925 Western Electric 7. 1925 . Swiss Goyt. 8s, 1940 Denmark 81, 1945 Westinghouse F.lec. 7s. 1931 97 i, . . Uli'i .. 8 4 for J2i) .. 9o4 . . 92 ..97 . .100 . . 98 4 ,.. 954 .. 494 ... 87 , .. 94 ... 974 ...99 ... 914 ... 99 ... S14 ,..6$ ...1004 ...994 ...1034 ..1054 . .. 99 4 ... 814 ... 99 4 ... 974 ,..100 ...1024 ... 994 ..98 4 '.3.1 7.40 7. i boluj 8 Hi 7.77 7.0H . 7 o 7 90 ' 7.1i 6.7 j r.tiu 80 7.45 9.70 8. (111 10.25 19.15 7.9'. 7.RI) 6.55 " 6.30 7.65 7.50 too 7.72 7.0(1 7.J5 8.0Ti 7.05 Kniita City Produce. Kansas City, Feb. 2. Eggs Steady to lc higher; firsts, 47018c; seconds, 42f 43c. Butter Unchanged. Poultry l2c higher; hens, 29e; broil ers, 36c; springs, 32c; roosters, 14&21C, You'll Know Next Week r 1 1 I sk. S ... a, . 1 m I'm m w m jay ' SI illf r.(i 1 '!flp Starts Sunday at the) V Protect Your , Property ..WITH IRON AND WIRE WINDOW, - r door and (kylight guards, steel doora, folding gates, bars and bolts, fences, railing, guard and screens, iron clothes poles, .wire basket. CHAMPION IRON & WIRE WORKS 1505 Jackson St. Tel. Doug. 1590. mm m Careful Investors Maw tiaw orior-o in Omnlifl'a rrAnri tv onI tir!. a m j iiv 'f uaaw v 441 ymwiw u a vupvi -j miiu f 1 J lis , absolute safety employ their savings in the purcnase oi-tne x First Mortgage 2V Years SECURITIES BUILDING COUPON BONDS Dated February 1, 1921 Due August 1, 1923 Denomination $100, 3250, $500 and $1,000 Priced $97 to Yield 7.32 Tax Free Tbete Bond form the' choicest in ' vestment opportunity we know of BECAUSE: ' The security behind tnem is ot triple value The "Securities" building earns San.0n0.ftft net. snnnnllv noarlv , three times the interest requirements 01 tnis issue The "Securities" buildine- is 100 per cent rented, to the best class of tenants, and has a big waiting list- , " And. last feut not least, this hour! issue' is made a direct obligation of the Guaranty Securities Company and is runner secured by that corpora v tion's $3,"648,064.21 resources. Every dollar invested in these bonds wilt earn 7.32 ineret tax free. $970 Secures a '$1,000 Bond .That will earn $180 in thirty month, savin $15 interest quarterly, on the first day' ef . May, August, November and February ef - each year, and 91,000 when you surrender tne Dona August I, 19Z3, it due date. While you are receiving- these splendid returns your security is (rowing bigger because it is based on Omaha s prosperity,- the bond being iecured three times over by a first mortgage on' Omaha's busiest corner. -- Small investors are as heartily welcomed as the large buyers. - V v" , Call for Special Circular . Guaranty Securities Company AND Pioneer State Bank SECURITIES BUILDING Farnam Street Entrance, corner Hth and Farnam St OMAHA, NEB. w York lry tiiKxl. New' York, h. t. Cotton good In flnlrhrtl line neld teaiy: oni advancea have been mad on tin line of cambrlr. uray good were aliglitly easier; yarna were quiet; knit good were not being bought Irw'lv; hosiery market being leaa active. Worated yarn wr firmer in tne end, and knitter nre nuying a urn. Uurlap remained quiet and unchanged, New York Sugar. N'ew York. Feb. i. The market (or raw augar waa weak again today and (prtcra (,ellned to tne lowest level recoraen in over two year. Ther wer lea of 14,11(10 baga of Cuba tor prompt empmeni at SNi c. I. t., equal to 4.MO tor oeniruu al. but latt-r additional aalea of IS, 000 bdga of Cuba wer void at SHo, 0, 1. f . euual tb 4. bio for centrifugal. London Metal. London, Keb. 2. Standard copper, I6, 10; eleitrolytle. (; tin, 162; 14Iead, tllt 15: nine, 134. We Offer 7 MORTGAGE BONDS Ta Free in Nebraska $100, $500, $1,000 Amounts Investment Dtp't, VitljjiiitXv 8 on a Short Term Investment $100, $500 and $1,000 Denominations Southwestern Bell Telephone Co. Five Year 7 Convertable Gold Notes , Due April 1, 1925 Price 96V2 and Interest To Yield About 8 We Recommend These Notei for Investment Ask for Circular -B-66, giv ing comptete information 0 Ss Trust G)mpany manaNational Bank . nglerVlOO Omaha as a City of Diversified Industries by &JZy Omaha is naturally one .of the main gateways between the East and West Through it pass the products of the farm east ward and the products of manu facture westward. As a distributing center, Omaha . enjoys a particularly I favorable location. This is realized by eastern manufac turers. I know this to be the case, for I was associated with manufacturers in tire East for a number of years. ' The concentration of manu facturing in the eastern part of the country is largely due to cheap coal. Many of the manufacturers, in the East would be glad to establish' branch factories in such a dis tributing point as Omaha if the obstacle of expensive fuel could be overcome. The great dis tance of factories from con suming markets is a serious handicap in the process of dis tribution. If Omaha had access to cheap fuel or cheap .power, the objec tive of a million population could be reached in a com paratively few years. Cheap power would quickly place Omaha on the map as a city of diversified industries. This is a- subject which has been on my mind for many years. I have often wondered if it would not be possible to con vert the energy of the Missouri1 . River into electric power. It is therefore very encouraging to learn that a project is contem plated to - construct a hydro electric plant which will provide Omaha with cheap power for industrial purposes. When we talk. about "On ward, Omaha," we must bear in mind the fact that the growth of any city is contingent upon certain fundamental factors. There"'must be causes which are favorable to growth. It seems to me that nothing would do more to carry Omaha on ward than" a hyiro-electric plant. Such a question touches us) as citizens. Our personal busi nesses and our real estate val ues can increase only in ratio to the prosperity of the whole community. In promoting the welfare of Omaha, we are pro moting our individual inter ests. Omaha is at present rather too dependent upon the quanti ty and market value of agricul tural products. This is indi cated by the current bank clear ings. The only way in which this disadvantage can be over come is by making Omaha a City of diversified industries. The only way secure a large number of diversified indus tries for Omaha is by furnish ing cheap power. The only way to furnish cheap powpr is by generating it hydro-electrically. Dodge, at 18th, Omaha C. C. SHIMER, Pres.' " G. A. ROHRBOUGH, Sec. -Treat. .IlliifcaW GRAIN-- . Y7E 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 of Our Offices Located at Omaha, Nebraska Lincoln, Nebraska Hastings, NebTaika - Qhicago, Illinois " Sioux CTty, Iowa Holdrege, Nebraska .- Genera, Nebraska . , Des Moines, Iowa Milwaukee, Wic 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" USE BEE .WANT ADS-THEY BRING RESULTS J iWi twmtiJnmt feMfcMlfc KVlwl.i. .ia.rat-A'l-A-V A.i4a1 i