THE BEE: OMAHA. TUESDAY, FEBRUARY 15. 1921
U
Market, Financial and Industrial News of the Day
Live Stock
Omaha, Neb., Feb. 14
Keu'lpts were: Cattle Hogs Rhce
.Monday estimate ... 4,0
Sam day last wk.. 4.slt
Same day 2 k. a-o. S.G 4
Hama day 3 wk. mho. ?,0ii
iama day yrar aao. . .I.HOS
Financial New York Quotations
11,(171
.tl
10.SS&
leep
IH. 7U0
II, 495
S.89J
6,429
. 446
Rwdnia and dl. wlilon (if live atock at
I ha Union Stock Vardt, Omaha. Nab., for
.'4 hour emting at 3 o clock p. ra., Fab
ruary 14, U21. i
ItKi'KTTS CARS.
Horses
and
Cat.Hgs.Shp. Mia,
I. 51. St. 1' 13 4 .. ,,
WatMSll 1 ,. ..
MlKa.MliI Th. ifk- 1 .. ..
1 nlmt Pacific 3S 14 67 ..
f. ,v . W fM ID 4 2 1
I'. X. W.. weal hi 81 1 3
St., P., M. .! lis II 1 1
i. II. A W , I'HSt 1
1'., If, A g.. wt 4S 15 17 ..
i '., It. 1. .4 P.. ' ant it 1 . .
l' I! I. P., ft ... S ..
II! a Central 6 1 t ,.
t'hl. lit. Wmt 6 2 ..
T.ilat Fteccipts 199 llg S7 4
DISPOSITION HEAD.
rill & Co 412 763 1,357
Kifl .t Co 619 1.469 3.SSS
tuilaliy Pack Co- 1,038 371 2.501
Armour & Co j9 1,4 a 2,173
Schwartz & Co 377
.1. W. Murphy 2,058
l. .' PkK Co 239 924 2)3
l.tnroln PuvkthK Co.., 45
.Si. Omaha Pk Co... 15
lllicitina Packing Co ... 66
John Uoth & Sona ... 47 '
ilimshera; i . . . 13
1'. O'Pe ;
WIh.oi & Co 143
AV. H. Van Sant & Co . 76
V. P. Lent :i
.1. H. Knot & Co !1
.1, II. Hulla 40
Kosi-nM'M'k Pros 2T
t!. Kfllolt
AVorl n tin'i A.- D'cn
Kills ft Co
Mo.-K.in. C, & C. l"0.
K '1. Chrlatle
linker
.lohn Harvey
.leiiHpn ' I..unasrren .
I tennis & Frauds . . .
imiHha PtioklnK Co .
Mhtweat Parking Co
.Monahmi
Other Hiiyers
Total
18
"6
21
5 1
14
6M
44
titi
8
. 753
.5. SSI
1.017
8.100 10.746
Cattle Receipts of cattle were about
I ho same alee as a week ago, around 4.600
head, which In modera'.e tor Monday
There waa a little more life In the market
than the latter part of last week and
trada on both beef rteera and butcher
cattle waa fairly active at prlcea that
were fully steady to If any thing a little
stronger. choice stcfrs aoiu up to aa.o,
with the bulk of the fair to good cattle
from lii.506i7.73. Stackers and feeders
were In fair request while the supply
waa moderate and 'old steady to tf any
Ihlna a little hinlier. lllght wood feed-
era reached I7.25(it i.4d.
Quotations on rattle: Good to choice
heevea. $7 .75 (if 8.35 . fair to Kood beeves
Jii.757.60; common to fair beevea. JS.00
(frti.75;- Rood to choice yearlings, I7.3j
7.75: fair to a-ond veorlliiKs. $.50 (iji 6.75 :
aood to choice rows. J5.2505.6O: fair to
Kood. cows. $4.5ofi)5.25; common to fair
cows, f 3. 75IBi4.2a; good to cnotce ieecers,
7.504c8.00; fair to good feeders, 16.75
7.60: common to f.ttr feeders, 16. uu w 6.(0
' good to choice sto'kere, I7,S67.76; fair
to good alockera. S.257.2&: common to
fair slockera, rt.onors.ga ; storK neuers,
$1.00((ii5,6o; stock cows, 3.504.50: veal
calves.
bulls, stags, etc.
S3.J50J.OO.
BKKP STEfiRS.
No, Av. Tr. No. i Av. Pr.
HI 124:1 6.65 25 1070 6.65
17 K7 O.KS 25 1304 7.15
44 1170 7.35 25 1340 7.50
13 1345 7.65 43 12Kt 7.75
311 . 1393 7.S5 22. ..... 1135 8.00
i J ...... 1 1 0 S S.35 20 1380 8.40
J4KKr 8TKKH3 AND HEIFERS.
12 70S 7.25
Y KAHI.INC.3. ' ' '
9 476 6,00 ..;... 645 .2J
7. : .... 915 6.60
cows.
7 1174 4.75 19 1050 6,00
-H 1148 5. ID '
II HIKERS.
16 K53 5.25 6 6S3 5.50
10 S52 5.60 27, 739 5.75
STOCKKP.fi AND FEEDERS.
557 4.50 1.1 530 6.25
9 76l 6.15 11 790 6.40
t 11 6H6 7.00. 40 983 7.46
CAtVEf.
,11 3.-a 5.25 7 441 6.00
10 214 9.00 3 173 10.00
tlogf The
out with
week oDena
limited run of hogs, about 8,000 head
allowing up. Shippers were fair buyera on
the early trade at prices 1525o higher
and packers finally started putting up
their droves at strong to a little higher
prices In most oases. The trade as a
whole waa quoted at advances of 1025c.
Heat light hogs' made a packer top of
tf .50 and bulk of the receipts sold at $8.40
9.25.
HOOS.
Pr. ... No. Av. Sh.
8.25 49. ...318
No.
48..
54.
59.
66.
74.
St.,
61.
64.
S8.,
Av. Sh.
.333 40
. 326
.291
.234
..233
, .226
, .216
. .218
, . I S3
70
80
8.36
8.55
8.65
8.10
8.90
9.05
.915
9.35
54.
60.
60.
62.
71.
70.
84.
..300
...287
...267
. . .313
. . .261
. . .230
...208
Pr.
8.25
8.50
8.60
8.75
8.85
9.00
9.10
9.30
of
- Sheen One of the heaviest rt
sheep and lambs received so far this Bea
snn arrived torla;-. The receipts were
estimated at 16.700 head. Packers took
advantage of the big run to hRmmer
prices and most of the fat lambs had to
sell at figures 60ff75c lower. Beat lambs
were quoted around S7.758.00 with heavy
grades on down to J6.50 and less. Fat
sheep sold not far from a quarter lower
with good "ewes quoted v to S4.003i4.26.
There was nothing much doing In tho
feeder division owing to small supply and
slack demand.
Quotations on eheep-4JBest fat lambs,
$7.&oi8.00: medium to good arnrnbs. $7.00
W7.60; plain 'and heavy lambs, $6.00'S
6.75: vearlings. S5.QOQG.00; aged wethers,
$4. 50W 5.00; good to choice ewes. $4.00'3
4.25; fa- to good ewes, $3.504.00; cull
and canner ewes. S1.503.00: teeding
lambs, $6.257.0tf; feeding ewes, $2.75
3.00.
Chicago Live Stork.
Chicago. Feb. 14. Cattle Receipts,
15.000; beef steers generally steady; top,
$9.75. Bulk. $7. 50 9 00; butcher cows
and heifers about steady; canners and cut
ters, weak; bulk butcher cows and heifers,
J5.00ff6.35; canners and cutters inostly.
$2.753.75; bulls closing steady with
Friday bulk, $4.755.60; shipping calves,
steady; light vealers, weak to SOe lower.
Hulk to narkers. I9.50f510.50: stockers and
feeders, strong to 25o higher; bulk, $5.60
7.25.
Hogs Receipts, 48,000. 8teady to 15c
higher. Lights up most, closing strong;
top, $10.20; bulk 200-pouhds and down,
$9.90 10.10; , bulk 220-pounds, up $8.90
9,40; pigs, steady to strong: bulk de
sirable, 90 to 120-pound pigs, S9.6010.OO.
Sheep and Lambs Receipts, 25,000,
lambs 50c lower: sheep, ateady to 25c
lower; lamb top, $8.75; 82-pound Colorado
lambs, $8.50; handy shorn lambs, $7.60:
handy shorn yearlings, $4.50: bulk fat
lambs, $7.758.60; top yearlings, $5.75;
hulk. $5.005.50. Top ewea. $4.75; bulk,
t$4.004.50.
' Kansas City I.1t Stock.
Kansas City, Mo.. Feb. 14. Cattle Re
ceipts, 9,800 head; beef steers mostly
steady to weak, few better grades handy
weight offerings strong to higher: top,
$8.70; other early rales,, $6.75S.36: she
stock mostly steady to strong: light
weight helfera fullv 23c higher; few cows,
$6.50; bulk, $4.505.65; prime 615-lb.
.heifers, $8.00: good and choice, $6.00fl
7.00; calves, strons to 50c higher; best
veal. $11.50; bulk good and choice,- $10.50
$11.00: canners and bulls, steady; stock
ers and feeders, steady to 25c higher;
several loads heavy feeders. JS.Q.
Hiigs Receipts, 12,000 head; market,
uneven, generally 1026o higher; spots up
more; top, $9.65; bt:!k of sales, $8.6569.35:
pigs and packing sows. 25c higher; good
and choice fat pls, $9.75 10.00.
Sheep Receipts, 14.000 head; market,
alow, steady to 25c lower; handywelght
ewes. $4.26: lambs, 2560c lower, mostly
60c lower; S4-lb. lambs. $8.00.
Sioux 4 My Live Stock.
Sioux City. Feb. 14. Cattle Receipts,
J.O00 head: fed steers and yearlings not
quoted; market stronger, 26 cents higher;
fat cows and heifors. $4.257.00; canners,
$.i.004.25; veals. $3.5099.50: feeders.
S5.75$6.25; calves, 4506.50; feeding
1 rows and heifers, $3,254? 5.60; stackers,
$4.5006.50.
Hogs Receipts, 2.500: market atrong.
10 cents higher; light. $8.76.45; mixed,
J8.609.09; heavy, 8.008.75; bulk of
sales, $s.359.!5.
Sheep Receipts, 1.000 head; 'market
lower.
By ALEXANDER DANA NOYES.
New York. . Feb. 14. Two favor
able influences, each with a bearing
on the general situation, made their
appearance over the double holiday
and were reflected in today's finan
cial markets. One was the stronger
position shown by the New York
Associated banks, the New York
Federal Reserve hank and the- re
serve system as a whols; the otheo
was an advance in sterling excliSnge
on the European market, while New
York kept holiday. Neither caused
any particular response to the money
markets, which, both here and at
London, beaan the present week
much as they closed on Friday; the
rate for call loans in Wall Street
continuing at 7 per cent in the stock
exchange with transactions at 6 out
side. . . .
They were notJmmediately reriectea m
the stock niark. where the dBy's bual
nesa was again entirely dominated by the
restless ahifting of position-by professional
speculators. Some stocks, both industrial
and railway, were weak at the opening
under sales from that quarter, hut the
altitude of the speculators was reversed
bv affllation with some sharp consequent
recoveries in the mora speculative stocks.
Fnil to Stimulate Market,
An n ti pin nt waa made to stimulate the
market through reports, which were noth
ing hut conjecture, that the burdensome
holdings of cotton and sugar would be
financed by sale of debentures to the pub-
after the plan ot last ween s copper
trade operation. Nobody took the atones
seriously: there Is no analogy whatever
between the position In those trades and
in the Conner industry, except that a large
unsold supply has in all three cases beea
overha nging.
In the case of copper, a group of strong
producing corporations guarantees tho
new securities. In the case of cotton,
there are only the farmers and their
banks: a situation which, even with the
plan formulated In 1914 for relief of the
cotton trade with cotton at six cents in
the war panic, resulted under the prescrib
ed conditions in the actual lending of
only $28,000 out of $135,000,000 condition
ally pledged.
Cotton will find lis own way out of tho
present trade dllomma, as 4t did after-
1914. Todav's cansus bureau f gures on
the January consumption indicated how
that may happen:1 for while exports de
creased substantially from the December
total, the purchases by home spinners in
creased 71.400 bales, the first interrup
tion since last June to contraction In the
honid demand.
Exchangee Advances.
Both stcrljng and French exchange had
advanced In the London market above
Friday's New York closings hefore to
day's Wall street exchangee market re
opened. A further rise during the day
carried sterling to S3. 89. The highest
previous, rate In 1921 was the $3.89, of
January 27. and today's quotation had not
been reached by the market for exchange
on London since the loth t last July,
when the reparations conference was In
session at Spa. Tho long" decline which
followed had other causes than the failure
of the European premiers to fix a work
able plan for the (lerman payments, and
the present recovery has other causes than
expectation of practicable settlement in
the coming London conference. Neverthe
less In the background the chances for
or against that settlement are always the
paramount consideration of the Interna
tional market.
On the whole, the weekly federal re
serve statements indicate defintte prog
ress in the direction of easier money. Tho
change is very gradual, however. Last
week's increase of 1 1-3 per cent in tho
reserve percentage of the New York Fed
eral bank 1a a considerable gain; ic orings:
the ratio, for the first time in 1921 above
that of a year hzo: but the :199s per cent
reported Is still below the best January
percentage which was 40. More un
mistakable as reflecting tho general trend
la the further rise of the average reserve
ratio for the entire system. At the end
of last week, It stood at 49 per cent,
the hlehest in 16 months, comparing with
49 1-3 a week beToio and 45H at the end
of December. Kvery successive weeu
alnee December 23 hns advanced this per
centage, whereas it declined oontiivhoualy
after the middle of January, 1920.
Rediscount Reduction.
Last week's reduction In total redis
counts mark a total reduction of $421.
000.000 since November 5, while th
further curtailment of outstanding noto
circulation brings that portion of our cur
rency $354,000 below the high mark of
Christmas week. During the correspond
ing period a year ago, tho reduction was
only $98,000,000. ,
, The week end statement of "British Cur
rency Notes" show's the same tendency to
reduction of outstanding currency as in
visible In this country: a steady reduction
since the closing weeks of December has
In seven weeks Drought down tne total
29,000,000 pounds, or S per cent. This
waa not much greater, however, than tho
reduction which occurred in the same
weeks a year aco. and last year a move
ment of expansion hegnn again at the end of
February, carrying the outstanding paper
to a new high level. But the same thintf
happened in 1920 with our own rederoi
reserve note circulation, a fact which will
lend considerable interest to the movement
of the two currencies during the next few
weeks.
Liberty ISoiid Prices
New York. Feb. 14. Prices of Liberty
bonds at noon were: S'js, 91.30: first 4s.
86.80 bid; second 4s, 86.70; first 49,
87.28; econd 4'is. 86.70; third 4'is.
90.06; fourth -lUs, S7.08; Victory 3s,
97.28; Victory Ar, 97.28.
Liberty bondV closed: 3s. 91.20: first
4s. 86.80 bid; second 4s, 86.70; first 4'is.
87.30: second 4'is. 86. SO; third 4ks, 90.14;
fourth .4'is. 87.18: Victory 3V.s, 97.22;
Victory 4is, 97.22. . ,
Range of prh-cg of the leading stocl.a
furnished by Logan & Bryan, Peters Trust
bulldlrm:
RATT.9.
Ilib'li Low Close Fri.
Close
I A., T. S. F. ... 2i 8I 82 si's
Baltimore & Ohio. 34 3 34a 34 34
Canadian Pacific. ,117 US' 11&.T
N. Y. A H. It. ... 72 70', 72 70
Ches. & Ohio 5t 69 69 69
Kria H. R 13'i 13', 13'i 13'
at. Northern, pfd.. 76 75' 76 75
Chi, Clt. Western. , 8
Illinois Central ..9 8S 88. 8S
Xlo Kan. & Tex.. 2, 2i
Kan. City South'n. 19 ' m, 19', 19
Missouri Pacific. 1 8 U IS 18', 18'
N. Y.. N. H. & H. 20 20', 30 iD
Northern Pac. Ry. 84' 63 83 8;H
Chi. & N. W. ... 67V, 67i 67it
Penn.' R. R 40 U 40V, 40' 40 'i
Reading Co Sfl't 77 80 78.
C. K. I, & P 26 26 24 26'i
South'n Pac. Co.. 79 78 79 79 t
Southern Ry 2i 21 22 221,
Chi., Mil. St. P. ?7 26 27 26 i,
Union Pacific 119 119 119
Wabash M
. ' STEELS.
Am. Car 4 Fdry.124 122 154 123'i
Allls-Chalmers ... S54 85 35t, 34
Am. Loco. Co 84 83 84
Utd Alloy Stl Corp. 32 32 32
Bal'win Loco. Wk. 92 89W 93 89'
Beth. Steel Corp.. F7 56 57 67
Colo, Fuel, Iron Co 2s 27 28
Crucible Steel Co.. 96 Vj 93 96 93
Am. Steel Fdrys. . 30 30 30 29
Lackawanna Stcol 5! 54 54 55
Mldvale Stl., Ord. 31 V 30 31 31 'i
Pressed Stl. Car Co 94 93 94 93
Rep. Iron. Stl. Co. 66 65 66 65
Ry. Stl. Spring 85 84 84 85
Sloss-Shef. Stl .Iron 61 51 61
United States Stl. 83 82 83 82
COPPERS.
Anaconda Cop. Mlrt 39 39 39 39
Am. Smlt., Rfg Co. 43 43 43 42.
Chile Copper Co.. 1? 12 12 12
Chlno Copper Co.. 23 22 22 23
Inaplr. Cons. Cop. 30 85 36 :lii
Kennecott Copper. 19 19 19 19
.Miami Copper Co.. 18 18 18 18
Nev, Cons. Cop. Co. 11 11 11
Ray Cons. Cop. Co. 14 13 13 13
Omaha Grain ! Chicago Grain
Omaha, Feb. 14.
Grain receipts today were fairly
substantial, with com the bulk.
Traders were slow in getting to
gether on wheat. The market
ranged 2(4c higher. Corn was tip
l!-'(?;2c, taken gcnctally. Oats ad
vanced 1 J ic.
"' Rye was nominally unchanged and
barley was up 2 cents. o
Russels' News "Bureau reported
750,000 bushels of conl sold today
By CHARLES D. MICHAELS,
Chicago Tribune-Omaha Bee Leased Wire.
Chicago, Feb. 14. Grain prices ad
vanced to the highest of late and
closed today around the top. It
was not a case of news as the lat
ter was largely against the price ad
vance. It was a case of pit con
ditions and heavy coverings by east
ern and local traders who were sav
ing remaining profits. At the close
wheat was 5c higher. Corn 2VS to
2Jic, oats' l;;.c, 1ye 4 to 4'4c and
barley 2!4c. Receipts were 24 cars.
Muymg or wheat was headed by eastern
for exDort at the seaboard. A St,
Louis message said tlt the south-
ii est rnntinitps to hnv wlieat on the
strength of green hug reports from j vhZcT7r
Oklahoma and iexas. vv earner
continues mild through the south
west. The United States visible sup
ply of wheat -decreased 2,983,000
bushels the last week; corn in
creased 4,007,000 bushels and oats in
creased 250,000 bushels.
Utah Copper Co... 5t
INDUSTRI.
Am. Beet Sug. Co. 48
Atl, G. & W. I. S.S. 65
Am. Inter. Corp.. 46
Am. Sum. Tob. Co. 80
Am. Cot. Oil Co.. 22
Am. T. & T. ...
Am. Z.. L. & S. .
Brook. Rap. T., .,
Beth. Mot
Am. Can Co
Chand. Mot. Car .
Cen. Lea. Co.
Cuba C. Sug. Co. .
Cal. Pkg. Corp. ..
Cal. Pet. Corp. ..
Corn Prod. K, Co.
Nat. E. & S
Fisk Rub. Co.
,.ioo
.. 8
.. 13
.. 4
.. 301,
. 72
.. 40
. 26
,. 62
41
72
65
14
Oen. Klee. Co ...12
Gas. Wms. A W. . 3
Gen. Mot. Co. ... 14
Goodrich Co 40
Am. H. & L. Co. . 9
Has. & Brkr. Car ....
U. S. I, Al. Co. .. 69
Inter. Nickel 1$
Inter, Paper Co. . 69
A.1ax Rub. Co
Kel.-Sprlng. Tire . 46
Key. T, & Rub. .. 14
Inter. Merc. Mar.. 15
Mex. Petroleum. . .163
Middle States Oil. 13
Pure Oil Co 3C
Willys-Overland.. . . 7
Pierce Oil Corp... 1074
Pan-Am Pet, Trans 77
Plerce-Arrow Mot. 25
Royal Dutch Co.. 63
U. S. Rub. Co.... 70
Am. Sug. Rfg. Co. 93
Sinclair Oil. Rfg. 24
Sears-Roebuck Co. 87
Strom'b'rg Carb Co
Studebaker Corp.. 58
Tob. Pdcts. Co. ... 54
Trans-Cont'n'tal Oil 9
Texas Co 43
U. S. Fd. Pr. Corp. 23
U. S. Sm. Rfg, Mln. 32
White Motor Co.. 39
West'gh'se Airb'ako
Western Union.... 87
West'gh'se El, Mfg. 45
Am. Woolen Co... 68
Total shares sold, 498,900.'
Money Close, 7 per cent; Friday's close,
7 per cent.
Marks Friday's close. .0172.
Sterling Close, $3.90; Friday's close
$3.89.
Foreign Exchange Rates.
Following are today's rates of exchange
s compared with the par valuation.
Austria
Belgium
Czecho-Slovakla
5555 66
AI.S.
47 48 46
62 65 63
45 46 45
SO 80
2J 22 21
99 100 100
' 8 8 ....
13 13 13
3 3 4
29 80 29
70 72 70
39 40 39
i 23 25 23
62 62 62
39 41 40
71 72 71
65 65 3
14 14 14
128 128 128
3 3 3
14 14 14
39 39 39
9 9 9
58
68 69 68
15 16 15
58 59 58
36
45 46 ....
14 14 13
16 15 14
158 163 158
1 3 1 3 13
36 35 33
7 7 7
10 10 10
76 77 75
24 25 25
60 62 60V4
69 70 69
9B 93 92
24 24 24
SS ' 87 86
"66" '58" 53
53 64 53
9 i 9 9
42 43 42
22 23 23
33 33 31
38 39 , 39
.' 94
87 87
44 44
67' 68 67
WHEAT.
No. 1 hard: 1 car, $1.67.
No. 2 anrd: 3 cars. $.167; 3 cars. $1.66;
1 car (smutty). $1.64.
No. 3 hard: 5 cars. $1.64.
No. 4 hard: 1 car (shipper's weights),
$1 69: 1 car (smutty), $1.58; 2 cars
(smutty). $1.59; 1 car (smutty), $1.68.
No. 5 hard: t car, $1.52; 2-5 car, $1.69
1 car (smutty). $1.50. '
3 .iiirimi: 3-5 car. $1.45.
No! 2 spring: 1 car (dark northern)
'Va'mpto spring: 3 cars (dark northern)
No. 1 mixed: 1 car (smtltty, special blU-
ingi. Ji.77.
No. 4 mixed
1 cnr. $1.59.
CORN.
.No. S white: 3 cars, oic:
Greece ....
Italy
Jugo-Slavta
Norway ...
Poland
Sweden
Switzerland
Par Val. Today
. .30 .0029
. .195 .0770
0143
. .27 .1880
. .4.86 3.91
. .193 .0740
. .238 .0179
. .195 .0740
. .195 .0380
. .... .0075
: .27 .1820
.2250
. .27 .2260
.-.195 .1645
1 car 66c,
No. 4 white: 1 car, 5c; 3 cars 54c
'n fi white: 1 car. 51c.
No. 3 yellow: 2 cars, 6,5c; 2 cars (ship
pers' weights). 55c.
No. 4 vellow: 1 car, 53c; 2 cars (18 per
cent moisture). 53o; 2 cars (shipper's
weichts). 53c: 7 cars, 62c: 1 2-3 care
(spocial billing), 68 tic; 2 cars, 53c.
No. 5 vellow. t car. 61 c; 1 car (ship
per's weight), 61 c; 1 car (shipper's
weight), 51c; 1 car. 60c.
No. 3 mixed: 1 car, 65e; 1 car 65c(
1 car. 5c: 6 1-3 cars. 64c.
No. 4 mixed: 1 car (near white). 54c;
1 car, 62 c; 5 cars, 62c.
No. 6 mixed: 1 car (near white), 61c;
1 car, 51c.
OATS.
No. 2 white: 2 cars. 41c
No. 3 white: 4 cars, 40c
No. 4 white: 1 car. 40c.
RVE.
No. 31 car, $1.31.
BARLEY.
No. 1: 1 car. 53c.
PRIMARY RECEIPTS AND SHIPMENTS
(Bushels)
Receipts Today Year Ago
Wheat 1.699,00 798,000
Conn 1.666,000 1,144.000
Oats 642,000 938,000
Shlnnients
Wheat 879,000 413,000
Corn 643,000 ' 623,000
Oats 436.000 603,000
EXPORT CLEARANCES.
Today Year Ago
Wheat 2.795.000 205.000
Com, 133.000 450,000
Uats i . . . ae, one
CHICAGO CAR LOT RECEIPTS.
Week Year
Today Ago ' Ago
Wheat 13 , 20 25
Corn 312 . 214 134
Oats 34 61 120
KANSAS CITY CAR LOT RECEIPTS.
Week Year
' Today Ago Afto
Wheat .395 329 . 193
Corn 132 81 - 104
Oats 33 23 36
ST. LOUIS CAR LOT RECEIPTS.
Week Year
Today Ago Ago
Wheat . .'..206 255 113
Corn 1.118 121 30
Oats 91 67 130
NORTHWESTERN CAR LOT RECEIPTS
Or" WHEAT
Tvday
Minneapolis 5?S
Puliith 84 ,
Winnipeg 1S1
OMAHA RECEIPTS AND SHIPMENTS.
(Cars.)
Week
Ago
285
12
343
Year
Abo
220
8
146
demand
There
Chicago Potatoes.
Chicago, Feb. 14. Potatoes Lower; re
ceipts. 95 cars: northern whites, kacked.
Jl.OOi&il.lO cwt.: bulk. $I.10C(f!1.20 cwt.
Omaha Hay Market.
Receipts moderate and the
light, especially on prairie hay
ls a fair demand for better grades of
alfalfa, but the lower grades are very
slow sale. Straw tower as demand is
quiet. Market steady at quotations: .
No. 1 upland prairie hay, $10.00
11.00; No. 2. $9.0010.00; No. 3, $7.00
8.50.
No, 1 midland, $9.EO10.50; No. 2,
$8,009.00.
No. 1 lowland, $S.009.00; No. 2, $7.00
8.00
Choice alfalfa, $23.0024.00: No. 1,
$19.0021.00; standard, $14.0018.00: No.
2, $11.50'!13.5U: No. 3. S1O.G0&11.00.
Oat straw, $8.509.00; wheat straw,
$8.009.00.
Dried Fruit.
New York, Feb. 14. Evaporated
Apples Steady, Callfornias, 68c;
state, 613c.
Prunes Quiet; Callfornias, 417cf"
Oregons, 816c.
Apricots Dull; choice 26c; extra choice,
27c; fancy, 34c.
'Peaches Dull, standard 16c; choice',
18c; fancy, 1921c.
Raisins Steady; loose muscatels, 245
26c; choice to fancy seeded, 24j!25c;
reediess, 2527c, ' ,
Today
r,iol
..18
.. 3
Week
Ago
84
110
21
Year
Ago
55
19
Receipts
Wheat
Corn
Oats
RJ-e
Barley 2 7
Shipments
Wheat S3. 63
Corn 70 32
Oals 30 10
Rye 0 1
Barley 3 '0
cu. s. v issi ni,e..
This Week
Wheat ,.29,562,000
Corn 24,373.000
Oats 34i036,000
Rye 2.157,000
Barlev 2.794.000
NORTH AHKKlltAN EM-tima.
Past Week Last Year
Wheat 6,131,000
Corn 11,241.000
Oats 150.000
Flcur, barrels 232,000
Bve 752,000
Barley 334,000
Pork, barrels 210
I.ard ....14,878,000
Meats 18,360,000
Year Ago
55,205,000
4.172,000
10,800,001)
20,004,000
3.603,000
2,018,000
207,000
926,000
211.000
1,044.000
471,000
500
8,589,000
23,741,000
Minneapolis Grain.
Minneapolis, Feb. 14. Flour-Unchanged
to 20 cents lower. In carload lots, family
patents, quoted at $9.459.60 a barrel in
98-pound cotton sacks.
Bran $20.00.
Wheat Receipts, 526 cars, compared
with 21S cars a year ago. Cash No. 1
northern, $1.CS 1.72 r March. $1.57;
May. $1.55.
.Corn No. 3 yellow, 57a8c.
Oats No. 3 white, 39?s ta w vac.
Barley 4867c.
Rye No. 2. $1.4601.48.
Flax No. 1, $i.811.84.
St. Louis Grain.
St Louis, Mo., Feb. 16. Wheat March,
$1.74; May, $1.61.
Corn May, 71c; July, 72c.
Oats May, 40c; July, 46c.
corn-re
garded as against the mnrket and furn
ished part of the selling early, onlv to
come In later at higher prices. The ad
vance from the low point was 7c, thero
being a dip at the start of over 2c from
Friday's close. On the bulge Belling by
the strongest local interests of both
March and May satisfied nil buys for a
time, hut the buying continued strong
until the last when sales were o to o
under the ton.
Cash Wheat Firm.
Cash wheat values failed to follow the
advance in futures. Premiums here were
firm, while at Minneapolis they dropped
2c to 3c. Kansas City advanced sharplv
early and lost the greater part at the last.
Country offerings southwest were larger,
which will enable exporters to fill sales
already made.. No fresh export business
waa reported at the seaboard while Hol
land and Belgium bought freely of Ar
gentine wheat at prices that allow for a
heavy super tax. While business In wheat
was flat, flour was good with 78,000 bar
rels sold for early shipment. Visible
stocks decreased 2,903.000 bushels against
S. 022, 000 bushels last year, the total being
less-than one month's consumption or 29.
562.000 bushels compared with 55. 205,000
bushels last year. Local stocks decreased
50,000 bushels for the week and are 700,
Olio bushels.
Export buying of cash corn was the
lartrest of tho Benson with 1.600. 000 bushels
sold in all positions tho past three days.
Omaha sold 100,000 bushels. Buying
against cash sales absorbed the surplus
early and eastern and local covering later
found offerings moderate. Prices ad
vanced about 2e for futures and cash lots
werp up 1c to 3c, The advance was In
the face of an Increase of 4,007.000 bushels
against 608.000 bushels last year. Local
stoeks Increased 2,012.000 bushels, being
11,158.000 bushels last year. Arrivals
were 490 cara.
(short Buy Oats.
Oat were bought by the largest local
and eastern shorts and advanced lc
find closed at the top. Selling was mainly
on resting orders and to take profits.
The advance In other grains had a good
effest. Stocks are Increasing with 250.000
bushels gain in the visible., which is 34.
016.000 bushels against 19,800,000 bushels
last year.
Chicago stocks decreased 88.000 bushels
for the week and are 1 1,818,000 bushels.
Germany was after oats, but no sales were
reported. Arrivals were 99 cars.
Rye had good support and closed at the
top. Offerings were light. Visible stocks
increased 298,000' bushels.
Pit Notes.
There Is a disposition in certain quar
ters to buy grain because this Is the sea
son for traders to accumulate holdings.
Prices have had a good advance, and the
market's action tije last week has shown
that a larger short Interest existed than
the trade in general recognizor). There
has been some increase In professional buy
ing and a number covered through fold
ings of "offers" at the close today. This
cut down the short interest, and a point
made at the close today was will sufti
clent outside buying come In to keep
prices at the upgrade for a few days
more." In this regard the trade was dl-
vlded in opinion.
Those who are friendly to the con
structive side of wheat think that May
delivery holds out mora delivery than the
March. Holders of March ha.ve taken ad
vantage of all bulges to reduce their
lines.
Referring to the economic conditions a
commission man says: "We have always
noticed that wo never heard anything
about them except in periods cf extreme
depression. If they are so extremely in
fluential some days, we cannot under
stand why they are completely powerless
and harmless on other days. We aye no
ivbpeu lor mac Kiim oi laiK.
Visible Supply Increase.
An increase of nearly 14,600.000 hush-
els have been made in the visible supply
of corn in the past three weeks. It Is
24.373.000 bushels, an Increase of 20.201.-
000 bushels over last year. This In
crease has occurred during an advance
of over 7 centw a bushel.
HI Baldwin, a Decatur. III., cash grain
nois has been retarded 60 per cnt by bad
qols has been retarted 60 per cent by batj
country roads and 40 per cent by un
satisfactory prices.
Purchasers of corn for export were at
11 to 12c over Chicago May. track Bal- i
timore for No. 4. Bids f. o. b. New York
were 19c over Chicago May for No. 2 and
16c over for No. 3.
Referring to the sale of 78.000 barrels
of flour at New York, equivalent to 361,
000 bushels of wheat, Russells said that
the volume of business would be large as
there are export inquiries from Europe,
but the mills are unable to offer terms
suitable to sellers.
A Chicago miller paid $2 for No. 2 red
wheat today to arrive.
Nothing of special Importance was hearl
-)bout the green bugs today. There were
Bonds and Notes
The following dictations furnished by
the Omaha Trust company.
Approx.
Yield.
Rate Mat. Price Pet.
Amer. T. T. Co.. 6s 1922 96 7.80
Ainer. T. T. Co.. 6 s 19.'4 95 7.60
Anaconda 7's 1939 93 8.10
Armour 7's 19:10 96 7.63
Belgian Oovt' 6 a 1935 91 8.70
Belgian Govt, ,.,.7'a 1945 97 ' 7.77
Hechlahem Steel . 7 s 1923 99 7.35
Hcthlehem Steel .. 7's 1923 97 8.12
British 5'a 1922 95 8.06
British ,.6's 1929 89 7.15
British 5'i 1937 86 6.85
C. C. C. St. L. . , 6's 1929 89 7.80
C. B. & Q. Jt 4's 1921 97 8.70
Cuuahy Pkg. 7's 1923 , 98 7.8(1
B. F. Goodrich ... 7's 1926 90 9.63
French Govt 8's 1945 99 8.00
Japanese Govt. ..4' 1955 83 9.73
Japanese Govt 4's 1931 63 9.90
Norway 8 a U40 100 8.00
Morris A. Co 7's 19:10 99 7.S5
N. Y. Central T s 1930 103 6.50
Pennsylvania R. It. 7's 1930 103 6.40
V. S. Rubber 7's 1930 99 7,65
Swedish Gov't. ... 6's 19.19 Kl 7.9"
Swift & Co... 7's 1921 99 7 00
Swift & Co. ...... 7's 1925 96 7.85
Western Electric . 7's 1925 99 7.18
Swiss Govt 8' 1940 102 7.72
Denmark , 8's 1945 98 8.12
West'h'se Else. .. 7's 1931 98 7.50
New York Sugar.
New York, Feb. 14. The raw suksi
market wms evened today and prn ea ad
vanced quite sharply on reports from Cuba
that the committee had been appointed to
handle the marketing of the crop and
rumors that a minimum price of 5 centa
wm to be fixed. '.ate last week there
were sales of Culms nt 4 4 cents c. I. f.
Early today sales of Sandomlngo were re
ported at 4 cents com and freight, and
at the close 11.500 lags of Porto Hlcatt
sold at .02o for Centrifugal. Thrre
were no aalea of Cuban.
Turpentine and KOftn.
Savannah. On., Feb. 14. Turpentine
Quiet, 60c; sales, 367 bids.; receipts, 79
bbla. ; shipments, 96 bbls ; stock, 16,0i3
bhls.
Uiisln Quiet ; no sales; receipts. '.'0:i
casks; shipments, 210 casks; slock, 81.203
casks.
Quote: B. l. . V. G. II. I. K. M..N. WO.
WW. $11.00,
Unseed Oil.
I'ulilth. Feb. 14. Linseed Co track and
arrive, $1.85.
a few reports In, but not barked with
buying orders.
Galveston cleared 2,378.000 bushels of
heat the last three days.
CHiCAGO CLOSING PRICES. '
By VpdlkejOraln Co. Doug.2627. Feb. 14.
Art! I Opetf.Ttiigh. I Lowfl ciose7rYevy"
Wht. I
Mch. I 1,61 I 1.70
May I 1.63 1.59
Hvo I
May I 1.39 ! 1.43
July I 1.22! 1.26
Corn I i
May .67 .70
July .69! .72 Hi
Oatu I I
May .44! .45
July I .44! .46!
Por.li i i 1
May !20.80 121,10
Lard I 1
Mav 112.25 112.35
July 12.65 112.67
Ribs I I
.May 111.25 111.45 I
1.33
1.22
.67
1.43 1.39
1.86 I 12
.44
.44
.70
.72
I
.45 I
.46'
.68
.69
.44
.44
1 2.25
l5!55
121.10 120.76 ,
! I
12.25 112.10
12.60 12.40
111.22 Jll. 32 fll. IB
Visible Grain Supply.
New York, Feb. 14. The visible supply
of American, and bonded grains shows the
following changes:
Wheat decreased 2,983,000 bushels.
Corn Increased 3.914,000.
Oats increased 250,000.
Rye Increased 300,000.
Barley decreased 13,000.
Kansas City Grain.
Kansas City, Mo., Feb. 14. Wheat
March, $1.61; May, $1.64.
Corn Maj 64c: July, 66c; Septem
ber, 68 c.
New York Cotton.
Chicago Tribune-Omaha Bee leased Wire.
New York, Feb. 14. The New York
cotton trade evidently found conflicting
Influence in today's early news. The
opening was 14 to 26 points lower, owing
to the continued weakness of Liverpool
and reports of depression in Manchester.
After selling, off to 13.30c on the call,
March soon rallied to 13.53.cr- while May
advanced from 13.82 to 18.95c. or within
a few points of last '(' closing quo
tations. The census report, showing domes
tic mill consumption a shade over the
forecast, probably heled the early rally
to some extent.'
The market was very quiet later In the
morning and held generally steady. May
contracts sold up to 14.01c, or 4 points
above last night's closing quotations and
other months showed slight gains late in
the morning, but the advances were not
fully sustained.
No fresh feature developed during the
afternoon and trading remained very
quiet, with May selling around 13.90c, or
about 5 to 9 points, net lower on the
general list.
Dry Goods.
New York. Feb. 14. Cotton goods mar
kets were quiet today in first hands. De.,
niand was better than usual for many
standard lines of cotton domestics because,
of low prices. Yarns were easier; dress
goods for spring were bought moderately;
raw si'k was easier on the lower grades
and silk fabrics were In better. demand
Kansas City Produce.
Kansas City, Mo., Feb. 14. Eggs lc
lower; firsts. 31c: seconds, 27c. .
Butter Unchanged; creamery, 45c;
packing. 16c.
An Independent Income
for Your Wife
-ST
If j
It would give you intense
satisfaction, would it not, if
you could settle on your wife
an independent income?
Money coming to her regularly,
never failing her, no matter what
misfortunes overtake you, what
lapse or shrinkage in your income?
If you adopt the simple and practi
cal Peten Trutt Plan for Creating
or Enlarging an Estate you can ac
complish this laudable purpose.
You can create, with partial pay
ments, an Estate entirely separate
from your own, and not tubject to
the vicissitudes of your own fortune.
We have prepared a booklet which
explain this Plan fully. It opens
remarkable opportunities for the
man of moderate meant. Atk for
booklet, "The Peter. Trust Plan for
Enlarging an Estate."
Peters Dujst Company
Peters National Bank
Tarnam atJevenieQnth
Peter Trust Bldg.
El
Smashing Sale of
Mina Taylor Dresses
I s. t
St. Joseph Live Stock.
St. Joseph, Mo.. Feb. 1. Cattle Re
ceipts, 4.000 head, market, steady to 25c
lower; steers, l.25S.8S: cowe and heif
ers, $3.3507.75; calves, $6.0009.50.
Hogs Receipts, 4.200 head: market,
steady; trip, $9.25; bulk, 8 60.25.
Sheep-Reeelpls, 9,500 head: market
for lambs, 25t'5uc lower; sheep, steady,
lambs, $6.50f.59; ewes, $3.504.25.
liar KlWer.
New York. Fel 11 ur. eii,-A r
mesne. 99c; foreign, C0c
ileiKan Dollais 10c.
Tuesday, February 15
at 9 A.M.
Your Choice
We invite you to this tremendout sale offering a big assortment of Mina Taylor and Linda Belle
dresses in all sizes and patterns. These dresses were regularly sold for $6.50, $7.50 and $8.50.
Don't Fail to Take Advantage of This Wonderful Opportunity.
f)(n D LB-P
u
DEPARTMENT STORE
24th and O Streets
South Omaha
Ask for Green Trading Stamps They are Given With Each Purchase.
PRINCIPLES fi
INVESTMENT (
Ttu splendid book it filled with sound V
advice on investing. ' It it a text-boo It
on Judging security values, and shows
you how to distinguish between the
soundiaad the unsound how to draw
the Unci between i peculating and in
venting. It shows you how to system
atize voar saving and your investing
on a monthly basis. It ii substantially
printed and bound a beok you will
want to keep permanently. It will be of
great value to you, but we tend it FREE.
KRIEBEL 6 CO.
fMVBSTMENT HANKERS
137 So. La Salle St tChicafjo
Copper Export
Association, Inc.
8 -Secured Gold Notes
One Year
Two Year
Three Year
Four Year
Offered when, at and if issued,
at a price to yield about.
8 to 8.30
(according to maturity)
Circular on request for OB-373
IletionalCity
Company
Omaha First National Bank Bldg.
Telephone Douglas 3316
I TO V7SSA It?
I
Invest in the
Real Estate
Mortgage
Securities
No. 16
Too many young fellows
count on having a good time
with their money until they
are ready to get married and
settle down. Then they'll
save !
If a man can't save when
he has only himself to sup
port, how is he going to save
when he has to support two
or more?
"Ask dad. He knows."
Save early so that you
won't have to slave late.
oummd and edminitttrtd by
CCSHMER, President ' C A. ROHRBOU41H. SeevTi
Af Ovt $1,400,000
Call and talk the matter ever
American Security Co.,
Dodgt, at 18th Doaglat 5013
FISCAL.
AGENTS
Omaha
If You Know An Investment Opportunity
That Will Compare With This
Tell Us!
We Offer for a Limited Time
First Mortgage
Securities
Maturing in From 2 to 10 Years From Date
Priced to Yield 7 to 8V2, Tax Free
These Securities Are First Mortgages on
Highest Class Improved Property
The desirability of real estate first mortgages, as a
basfs of security for investment purposes, is attested by
the fact that they are among the securities most highly
approved by the authorities to protect against loss the
funds of savings bankn, trust companies, life insurance
companies and other financial institutions requiring se-v,
cunues oi me most assurea sounaness.
W -
We Supply These Coupon Securities in
Denominations of
$100, $250, $500 and $1,000.
MONEY INVESTED in this way will earn the highest
rate of interest consistent with perfect safety, with
out any effort on your part except to clip the in
terest coupons every three months, commencing May .
1st, ana cashing them at the 1'ioneer State Bank.
Send for Special Circular, or Better Still, Call
Tell us what denominations you wish, the length of
the investment desired and we will advise you fully re
garding both security and price.
In
H4
11
-WE ARE AT YOUR SERVICE-
Guar an ty Securities Company
AND
Pioneer State Bank
Farnam Street Entrance
SECURITIES BUILDING,
OMAHA, NEB.
1 I
GRAIN--
,Y17E 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, Nebraska
Chicago, Illinois
Sioux City, Iowa
Holdrege, Nebraska
Geneva, Nebraska
Des Moines, Iowa
Milwaukee, Wuu
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"
II