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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (March 3, 1921)
II THE GUMPS THE PASSING SHOW Drawn for The Bee by Sidney Smith. Copyright, 1921. Chicago Tribune Company Bonds and Notes iPi mCKEP ROMEO- LU IftE Oip TLWT-HtART it CRACKS IT WA A TtRWBLt BLOW VWEM HE WMACE? iHVO WAT LITTLE fSTAVRNT Mt FOUNt THE WIDOW ZANDER WN HS HTE RWfcL CARLOS VHCN SWE WAS PCD TO BE ILL AT HOMt- VJUtN I AW SOMeBODV TOV CARLCS Ott FtitLE wwo re SECOND ' NOW PLATlM$ MRS.ZANPER WHO LOtT AH AMCWT AtM. AMP ?0 PERCENT OF AUVTISAUA- . NAKW6 HE LAUGH" TWf rut oh Mro WHEN WE SAM I'm flrmNG FIRST BATE WHO 6 fORTUME uttle family HYrre.RcAL- v- W9 Ill Dtt SHE TVRH WWITt? WE,MAOC A MARGIE TATOE Look lke FfcPA- CHASED TAE BACK TO THE VBET I GET VHCLE BIM'S' vuNBKtP mp AN MONFV NOW- THE BEE: OMAHA. THURSDAY, MARCH S. 1921. ON CCOa NORU r w ; j a . 11 UNCLE W VHCLE BIM COULD SEE HER NOW SHE WOULDKT BE SO HARD To FoWCT- THE Gump fam.lv "that came into THEIR OVKi AftWN Market, Financial and Industrial News of the Day Live Stock 1 1 Omaha Grain Omaha Lira Mock Market. Omaha. March 2. Kecelpt were: Tattle Hog Sheen Official Monday ... 6.496 10,814 U.JJU I Official Tuesday... 7.9S6 13.875 13,103 Kstlmate Wedn'day 6.300 12.800 10,000 Three day thla wis. 18.85! 37!(M8 38.2S3 Same day last wk.. 19.677 43.443 SI. 444 Same day 2 wk. ago 16. Ml 42.079 32.629 Same day 3 wk. ago 17,7 41 46.806 3s, 659 Same day year at:o. 13,930 29,046 22.663 Cattle Beef catt'e made up the big end of Wednesday lupply of .3O0 cattle and the market was ra'her alow with prices leal oeevcs eoia aiouua tv-amu. . i o. ium waa a aood broad demand fur the cows and heifers and an offerings of thia kind vera moderate prices were generally Just about ateady with Tuesday. best light he'.fera eelllng around 37.50(97.75. Busl neaa In atockera and feeders was quiet with no particular change In quotations. Quotations on cattle: Good to choice beeves, 39 60 10.00; fair to good beeves. 38.3608.26; common to fair beeves, $7.60 tpi ii: good to choice yearlings, $8.76 8.36; fair to good yearlings. 3s.08.75; common to fair yearlings, 37.007.76; good to prime hoifevs, I7.50O8. 25; good to choice heifers, S6.26 7.60 ; choice to prima cows, 3.7667.40; good to choira cows, $5.766.60; fnlr to good cowa, $63 6.76: common to fair rows, $3,0014.75; good to choice feeders, $8.50O.16; fair to ?ood feeders, 87.7r.f 8.60: common to fair eedera, $7.oo7.70; Rood to choice stock era, $8.008. 76; fair to good Blockers. $7. 36$8. 00; common to fair stackers, J6.60 7.36; stock h-jlfers. 8&.256.76; stock cowa, $4.60$ 5. 75: stork calves. $5 tifiifi 7.(0; veal ralvea, $.OC910.26; bulls, stag, etc, $4.00 6.75. BEEF STEERS, r.o. Av. 3 054 23 1320 34 75 20 1174 11 67 70 1263 21 1309 STF 27 834 10 S39 12 832 18 1038 12 1138 8 865 IB ,1176 1172 11 87 20 116 18 $84 10 874 18 17 l' 1380 V. U30 i 1313 0 4i 13 S71 - 390 Pr. 00 75 76 00 16 40 80 No. 16. 32. 46. 18. 18. 34. A v. . 888 .1024 .1080 .1128 .1239 .1386 STEERS AND HEIFERS. $ 6 66 6 25 8 40 6 60 60 22... 26 22.. 60 14.. 00 , 7.. cofcs. 30 13.. 20.. 8. . 8. . 743 .. 831 . . 1 007 ..1240 . .1056 . .1265 ..1168 . . 922 ..1352 Pr. 8 21 8 60 8 90 9 10 9 23 9 50 8 10 8 44 8 75 8 85 6 60 on 6 35 60 6 75 Omaha, March 2. Moderate receipts of wheat and corn were on hand today and oats were light. Wheat prices were 1 2c higher taken generally. Corn ranged unchanged to 2c up, the bulk l2c higher. Oats were higher. Rye advanced 3c Sud barley lc. . . Rosenbautn Review today says: "The wheat market is shaping itself for a long expected advance. The permanent trend is upward, that Is, advances will be greater than de clines. Two-dollar wheat is almost in sight." General reports to the Price Current Grain Repporter, Chi cago, indicate that there will be a reduction this season in the acreage of corn and oats. 18.. 12.. 72.. HEIFERS. I 10 22.. 78 7. . 25 19.. BULLS. 50 1. . 25 1.. 25 1 75 CALVES. 6 25 i. 7 25 It. STOt'KERS AND' FEEDERS. .. 891 t 60 727 .. 766 VT0 57.,.,.. 781 .-.1106 8 tJS , ' . T36 . SS5 . 809 .110 .1930 . 800 888 198 7 00 10 00 7 75 8 20 Hogs About 15.&00 hoga were estimated for today's trade and trade had plenty of activity from tho start at sharply high er prices. SlilDj.jrs anl packers both bought freely at fitiures mostly 54lc higher, with medium and strong weight packing hogs usually showing tfre. most advance. Beat bacon grades made a top of $10.00 and bulk of the receipts changed hands at $9.609.9O. No. Av. Sh. Pr. No. Ay. Sh. Pr. 68. ,.341 .. 25 35. ..311- .. i 30 33. ..871 .. 8 40 68. .-.S20 .. 9 60 68. ..289 40 8 65 . 40. ..261 .. 8 0 72. ..270 110 9 65 67 ... 270 . . 8 70 71. ..255 .. 8 75 45. ..248 .. 8 80 83. ..215 140 8 88 76. ..25 .. 8 90 80. ..202 80 10 00 Sheep Something like 18)000 sheep and lamba were received today and a rather dull packing demand caused an easier tendency to prices. Trade In both fat sheep and lamba finally developed at a decline of about 25c. Best handy lambs were oquted up to 89.754:10.00 with heavy gradea selling at $9.36 and lesa. Some good ewes brought $5.75, Indicating a probable top of about $6.28 on choice lights. Very few feeding lambs are going to the country nt present. Quotations on sheep: Best fat lamb. $9.75$10.00; medium to good lambs, $9.25 9.75; plain and heavy lambs, $8.75Si 9.50; yearllnge, 87.5P j)8.60; aged wethers, $6.267.00; good to choice ewes, $6.75 8.26; fair to good ews, $5.86ij)5.76; cull and csnner ewa, $2.003.00; feedlnff ' lrph, $8.008.76; feeding ewes, $3.00 SHEARING LAMBS. No. Av. 177 Fed.. 98 178 Fed. .80 80S Fed. .77 192 Col.. 128 No. Pr. 8 75 FAT LAMBS. 8 80 137 Fed. 10 00 244 Col., FAT EWESL 6 25 Av. Pr. .92 .87 8 85 9 80 WHEAT. No. 1 hard: 1 car, $1.61. No. 2 hard: 1 car, $1.60; 6 cars, $1.69; 1 car, $1.67 (smutty); 1 car, $1.88 (smutty); 1 car. $1.66 (smutty); 1 car, $1,644 (smutty). -i No. 3 hard: 2 cars. $1.59; 1 car, $1.57; 1 car, $1.55 (smutty). No. 4 hard: 1 car, $1.68: 1 car, $1.64: 1 car. $1.64 (4 per cent rye); 1 car, 1.6J (a per eent rye). No. 1 sVring: 1 car, $1.80 (dark northern, Montana); cars, $1.80 (dark northern Montana); 1 car, $1.76 (northern Mon tana. So. 3 mixed: 1 car, $1.66 (smutty). No. 5 mixed: 1 tar. $1.60; 1 car, $1.4$. CORN. ' No. 3 white: 12 cars, 66c. . " No. 4 white: 1 car, 68 He. No. 3 yellow: 2 cars, 664c1, 7 cars, 55e. No.v4 yellow: I car, 68M1C: 4 cars, 6c; 2 cars, 63c , (shippers' weight). No. 3 mixed: 6 cars, 64c. No. 4 mixed: 1 car, 63V4C (near white)) 2 cars, 680 (near white); 4 cars, 63Sic; 4 cars, 62c f No. 6 mixed: 1 car, 50 He No. 8 mixed; 1 car, 61c. OATS. No. I white: 1 car, 42 He No. 4 whltet 1 car. 41 o. .No. 3 mixed: 1 car. 41 tic RYE. No. 5: 1 car, $1.40. No. 1; 1 car, $1.39. BARLET. No. 1 feed: 1 car, 63c. ' CHICAGO CAR LOT RECEIPTS. T'd'y Wk. ago. Yr. ago. Wheat ... 23 36 5 Corn -. 363 616 a 117 Oata 82 133 86 . KANSAS CITY CAR LOT RECEIPTS. T'd'y Wk. ago. Yr. ag. Wheat 200 404 168 Com , 89 112 31 Oats 15 17 ' 18 ST. LOUIS CAR LOT RECEIPTS. . Td'y Wk. ago. Yr. ago. Wheat Ul 178 21 Corn 141 218 101 Oats 43 68 66 NORTHWESTERN CAR LOT RECEIPTS OF WHEAT. T'd'y Wk, ago. Yr. ago. Minneapolis .... 192 359 166 Duluth 187 69 11 Winnipeg ......... .121 194 1J8 OMAHA RECEIPTS AND SHIPMENTS (CARS) Receipts TodaytWk. Ago Yr. Ago Wheat ...44 ' 47 , 83 Corn 76 . 160 45 Oata 4 6 24 Rye , 1 3 6 BarisV 1 1 0 Shipments Wheat 21 36, 66 Corn ..A... 87 114 . 51 Oata 17 28 20 Rye 17 0 18 Barley ..; 1 2 0 PRIMARY RECEIPTS AND SHIPMENTS ; , (BUS.) Receipts Today Year Ago Wheat ...... ...A... 889,000 8,000 Coru 1,813,000, 969,000 Oats 569,000 706,000 Shipments Wheat 495,000 367000 Corn 1.076,000 639.000 Oata 397.000 871,000 EXPORT CLEARANCES Today Year Ago Wheat 951.000 275,000 Corn 524,000 Oata . CHICAGO CLOSING PRICES. By Updike Grain Co.. Doug. 262T. Mar, t. Art. I Open. I High. I Low, t Close. Yes'dy Financial Chicago Llva Stork. Chicago. March 2. Cartla RncelnU 8.000; market, better grade beef steers generally stuady; other weak to 25c lower; top, 810.75; bulk, $8.6A)10.25; butcher stock, bulls, stockers and feeders, steady; bulk butcher she stock, $6.00 7.25; bulla mostly $5.60 6.25; calves steady to 25o lower; bulk vealers, $11.00 012.00; atockera and feeder steers mostly $7.0008.60. Hogs Receipts 19.00; market uneven, 10c to 26o higher than yesterday's aver age. Heavies and heavy mixed up most; closing strong; top $11.00; bulk 200 pound down, $10.70(810.90; bulk 220 pound up $19.00lD.6O; pigs mostly 10o to 16c higher: bulk desirable 80 to 120-pound pigs, $10.00010.50. Sheep and Lambs Receipts 22,000: market, killing classes unevenly 26c to 6O0 lower; lambs, top $10.65; shorn lambs, top. $9,25; bulk fat lambs, $9.76$10.60; yearling top. $8.80: ewe top, $6.25; bulk fat ewes. $5. 5046.00. Omaha Hay Market. Receipts of prairie hav liaht and Aemanrt good on tha better gradea. which has caused the better gradea to advance. Al falfa receipt! heavy and with tha demand being poor prices have declined. Medium gradea of alfalfa are alow sales and no demand. Oat and wheat straw steady. Hay Upland prairie: No. 1, $11.00 12.00; No. 8. $8.5010.60:1 No. 3. $7.00 8.60. Midland: No. 1, $10,00411.00: No. 2, $8.6009.60. Lowland: No. 1, $8.0009.00: No. 2, $7.0009.00. 1 Alfalfa Choice. $21.00(5 22 00; No. 1, $18 00 SO. 00; standard, $13. 00416.00; No. 2, $9.00011.00; No. 8. IB.0099.00. Straw Oat. $8:0098.00; wheat, $7.60 8.00. Sioux City live Stock. Sioux City, la, March 2. Cattle Re ceipta, 8.300 head; market, steady; steers and yearling:. $6.008 10.90; 't cos anl heifers, $4.40g8.26; canners, $3. 00(94. 2f.; veals, $6.0010.00; feeders, $6.00$8.60; calves. $4. f 0 7.50; feeding rows snd hell ers, $3,260 675; atockera, $6.O0$7.5O. Hogs Receipts, 8.700; market 2545c higher; light. $9.9010.10; mixed. $9.60& t.Si; heavy, S.00j 9.60; bulk of sales, $9.6010.00. Kansas City Live Block. -Kansas City. Mo.. March I. Cattle Re ceipts, 6.000 head; market uneven but mostly ateady; top steers, $9.50910.15. Hogs Receipts. 6.600 head: 28 to 69 10.16. SheeD Recalota. 4 000 heart; mark steady; lambs, 25Q40a lower; 77-pound lam os, io.3s. ew Tork Sugar. . New Tork. March 2. There w4a a Uttle more activity In the raw 'sucar market today, but price were unchanged at 4440 for Cubes, 0. t. f equal to 6.7T lor centrifugal. The committee an nounced that it had sold the remainder of the 100,000 tons offered during the past week, and that tt had more In ciulriea at the same level. There were also sales- of 2.500 burs of H" Oomin(OI to local refiner at 4',c, c l I, , Wh't Mar. May Rye May July Corn May July Oats May July Pork May Lard May July 0 Ribs May July 1.69 1.694 1.4114 1.26 .70 .72 .45 .46 i21.90 f 1 2 42 12.75 11.85 12.26 1:70 1.61ft 1.44i 1.26?. .7f4 .78 .46 .46 21.90 18.47 12.85 11.87 12.26 1.674 1.58 1.4114 1.26 .69 .72 .45ti .4654 21.75 12.35 12.75 11.75 12.20 1.68 1.69H 1.43 1.27 .70V4 .78 H .45H .454 21.80 ' 12.55 12.75 11.82 12.20 1,66 1.58 1.41 1.25, 1 .69 .71 .45 .45 21.82 12.50 li.85 fit 90 12.22 Minneapolis flraln. Minneapolis, Minn., March 2. Flour Unchanged. Bran 223.00. Wheat Recelptr, 192 ears, compared with 165 cars a year ago. Cash No. 1 northern. $1.66 1$ 1.87 ; March, $1.63; May. $1.53. . Flax No. 1. Il.?91.81. By ALEXANDER DANA NOYES. Chicago Tribune-Omaha Bee Leased Wire. New York, March 2. The ap proach in the German negotiations of something like a crisis did not appear to find any reflection on to day's stock exchange. An advance in wheat and a further decline in cotton were freely ascribed on those markets to "the situation in the Lon don conference," but the legislation was perhaps superfluous. When wheat has been sold by speculators on a rapidly diminishing available supply and when cotton from the farmers' supply has been coming1 on the market toj-aise cash for the new season's preparations, European diplomacy was at least not needed as a theory. As for the stock market an early decline conducted under the lately fa mi liar i auspices was checked some what abruptly and was succeeded by a general recovery which left the majority of stocks at a net advance for the day. This happened in a market more than one-third of whose total trans actions were made up of half a dozen highly speculative industrial stocks, a fact which itself sufficient ly illustrates the impossibility of taking seriously the performances of a body of speculative advent turers. , ,. Attack on Rail Shares. Alde from the fact that these people were apparently buying more than they were selling, the only Incident requiring comment was tha attack on the railway shares - at the opening of business It resulted in several declines of a point or thereabouts, which were recovered be fore the close, leaving this- group of stocks unchanged or slightly higher. The position of the moment seems to be that people with actual stocks In hand are net disposed to buy until something def inite conies into view In the general situation. On today's foreign exchange market, what happened was the Iocs of the moderate, advance In rates made since the opening of the week. A rather sharp decline at the opening was followed by partial recovery. British government bonds declined $ point, but If that wore to be ascribed to the London con ference it Would have to be mentioned also that the French government bonda advanced and that both were for the most part, higher than a week ago. Some attention was paid to the report of Dun's agency on commercial falurea In this couptry-during February. In amount of liabilities Involved, the figures were larger than In any month on record and six; times aa large as In February, 1920. but the number of separate failures Is hardly one-half what It was; for Instance. In February. 1915. f Showing Impressive. , Insofar as the amount of Iron produc tion In a given period Is either Indication or. forecast of the state of general in dustry, the showing for last month Is undoubtedly Impressive. The country's average dafly production during February as atated today by the Iron Age, not only continued the progressive lowering of the average, which has occurred in very month since last Ortober, but ex cept for two months of 1919 it waa the smallest daily average since that of March. 1915. The Iron Age, In reviewing the past week adds that prices have still been declining In the Iron market and that the steel corporatlon'a activities in steel production which were 80 to 90 per cent of capacity at the beginning of February are now running 60 to 66 per ce;it. New York Quotations Range of prices of tne leading stocks furnished by Logan & Bryan, Peters Trust building: , RAILS. High Low Close Tues. CIobo A., T.& B. F. ... 82 81, 82 81 Baltimore & Ohio 33 33 33 33 Canadian Pacific. .114 114 114 114 N. Y. Ac H. R. . . . 76 70 70; Ones. & Ohio 69 59 69 69 Erie R. R J 13 13 13 Ot. Northern. pfd,76 74 76 74 Chi. Gt. Western. 8'i 8 8 1 Mo., Kan. ft Tex... 2 2 2 2 Kan. City South'n 23 20 22 20. Missouri Pacific. 18 18 18 18 N. Y., N. H. H.... 19 18 18 19 Northern Pae. lty. 81 79 81 79 Chi. & N. W. 67i 66 66 66i Penn. R. R. , 28 37 38 38 Reading. Co 74 72 73 72 C, R. I. & P. 27 27 27 26 South'n Pac. Co.. 76 75 76 78 Southern Ry. ' 21 21 21 21 Chi., Mil. St. P. 27 27 27 27 Union Pacific 120 119 120 119 Wabash 8 8 8 Am. Car & Fdry.,124 123 124 128 Allla-Chalmers Mfg S5 35 35 3654 Am. Loco. Co 86 86 84 86 Utd. Al. S. Corp. . 29 28 . 29 29 Bald. Loco. Wks. 90 87 90 88 Beth. S. Corp. ... 67 66 67 67 iff OIL-IS-TIIE-FORTUNE-BUILDEfl v Our development plan Is NEW SIMPLE CLEAN DIRECT $20 buys the largest proportiopate part in Oil profits , - ever known. Some time ago we purchased a tract of land as an in vestment It is now in the heart of one of the best Oil and Gas district' in the United States. Pipe lines run on all sides.'!- Wo must drill offset well, as there are producing wells within 200 feet of this land. The development work being done in this field, and the increased production com- ' ing in around us, had greatly increased the value of our land. We want to drill at once, and we will give investors, Urce or small, an opportunity to come, in with us and de .velop the land for Oil and Gas. If you have a little money and want to get into a big- deal at the bottom, now is your opportunity, as it will only last until we raise enough money to drill our first two walls. Wa do not salt stock. You are buying an interest in valuable property, and you receive a Warranty Deed for the tracts you buy. Evan a sio(le tract at $20 now gives you the possibility of making a small for- , cune. - An Authentic Oil Field Map showing location of our land, also our development plan will be sent you upon request Write, phone or come to our office. GLOVER & MORELL Real Estate and Investments. 718-720 Keeline Bldg. Omaha. Phone Tyler 3623. INVEST YOUR MONEY WITH AN ESTABLISHED FIRM. 30 88 66 89 81 41 41 11 21 34 17 10 12 48 C. F. & Iron Co. 28 28 Cruc. Steel Co. . 86 93 Am. S. Fndrles. .29 29 Lack. Steel Co Mid. S. & Ord. .. 30 Pressed S. C. Co. 90 Rep. I. & S. Co. . 67 Rail. Steel S 89 U. E. Steel 82 COPPERS. An. Cop. Min 38 38 A. S. & R. Co. . . B. & S. Mln. Co. Chile Cop. Co. Chlno Cop. Co. Insp. Cons. Cop. . Kemie. Cop Miami Cop. Co. .. av. C. C. Co Ray C. C. Co. ... Xjtah Coo. Co. . . IDUSTRIALS. Am. Beet Bug. Co. 49 44 A., O. & W.I.S.S. 46 Am. Int. Corp. .. 45 Am. S. T. Co 87 Am. Cotton OH Co. 21 M Am. Tel-& Tel 100 100 100 Brook'n Rap Trans. 13 li lz Betblem Motora... 3 Am. Can Co 59 Chahdler Mot. Car 69 Central Lthr. Co.. 39 Cuba Cane Sug. Co 23 Cal. Pack. Corp... 61 Cal Pet'l'm Corp.. 41 Corn Pdcts. Rfg Co 71 Nat Enam. Stamo 60 Sisk Rubber Co... 14 en. Electric Co. ..131 Gaston Wms, Wig.. 2 Gen. Motors Co 13 Goodrich Co S7 Haskell, Brkr. Car 57 V. a. Ind. Alcohol Internat. Nickel... 15 Inter. Paper Co.. 164 A.iax Rubber Co... 2 Kelly-Spr'g'ld Tire 39 Keyat'ne Tire. Rub. 15 Inter. Merc. Mar... 14 11 21 33 17 io 12 47 40 42 86 21 V. 29 95 29 30' 90 67 89 81 38 41 ii 21 34 17 io 12 47 46 46 46 87 2 28 68 28 23 61 40 70 69 14 V 3 29 68 38 23 61 40 71 60 14 130 130 Max. Mot. Co. Mex. Pet , Mid. Slates Oil , Pure Oil Co. ... Wll.-Over. Co. . Pierce Oil Corp. P. -A. Pet. A T. , P.-Ar. Motor ... Roy. Dutch Co. , U. S. Rubber Co., A. S. RfK. Co. ., Sin. OH 4 Rfg. . 8 -Roe. Co Strom. Carb. Co. Stude. Corp. ... Tob. Prod. Co. . Trans- Con. Oil . Texas Co IT. S. Food Pr. , White Mot. Co. , Wilson Co., Inc. , West. El. & SI. , Am. Wool. Co. 13 87 57 'is" 53 27 38 13 37 67 15 55 28 38 15 14 .158 155 167 13 13 13 32 7 10 73 26 60 66 90 22 77 33 58 53 33 7 It 74 27 61 67 92 23 78 34 60 66 8. 33 7 11 74 27 61 67 92 23 78 34 59 65 8 23 46 64 23 38 46 63 23 38 46 64 4 80 64 30 is" 88 81 38 41 12 11 21 33 17 17 12 48 48 42 44 87 21 100 11 3 29 66 3 S 34 60 40 70 60 130 2 13 36 67 68 15 55 27 39 16 13 6 166 13 33 7 10 73 26 69 66 91 23 77 S3 58 53 8 41 23 63 Chicago Grain Total sales, 521.800. Money, close, 6; Tuesday close, 7. Marks, close, .0163;; Tuesday close, .0164. Sterling, close, 3.88; Tuesday close, 3.89. . Francs, close, .0718. Sew York Produce. New York, March 2. Butter Steady; creamers. 5955c. Kggs Unsettled; fresh gathered extra firsts, 337c; fresh gathered firsts, 35i 36c. By CHARLES D. MICHAELS. Chicago Tribune-Omaha Bee Leased Wire. Chicago, March 2. Strengthening factors dominated most of the day in the grain markets, with sharply advanced prices due to a covering movement and to a response of val ues to the news. While the top prices were not held at the last, there were gains of 1 l-4c on wheat, 3-4 to 7-8c on corn, 3-8c on oats, and 223-8c on rye. Sentiment was more friend ly to the buying side, although there was no disposition on the part of the majority of operators to follow the advance very far. Wheat receipts were 17 cars. The situation in wheat was re garded as more favorable to higher prices, judging from the increased amount of strengthening news. Prices at their best were up 3 l-4c for March to $1.70 and May to $1.61 1-2. The top prices called out considerable realizing and the finish was 2 l-42 l-2c under the top. Op position was encountered in March at $1.70 and in May above $1.60 1-2. A French estimate of the wheat sit uation is that the import require ments of countries not able to feed themselves are 260,000,000 bushels and surplus of exporting countries 293,000,000 bushels, leaving a sur plus of 33,000,000 bushels, the latter being the estimated surplus of the United States. Foreign Buyers Busy. Foreign countries continue ot buy wheat In America with a cargo of Pacific coast sold to Portugal and small lots of Man itoba sold to Scandinavia. Italy was said to be bidding for wheat at the gulf and a small lot was resold at the gulf at 12c over Mareh, while 14c over was bid for 20 days' shipment. Green bugs were reported in the southwest with but little damage. Crop reports and weather on the whole were mostly favorable. March wheat was sold by longs and by the pit element at 88c over May. Linos of March have been reduced of late and the short interest increased during the day. A decrease of 1,269, 000 bushels in avail able stocks of corn, combined with ex port sales of 200,000 bushel here and 200,000 bushels at the seaboard and tha advance In wheat created a better tone In corn. Prices advanced lc with May up to 71c and July to 73o and a close c from the high point. Country offerings were lighter and mostly above the market for both corn and oats. Ar rivals were 486 cars and cash prices a Today's Markets Read the CLOSE of TODAY'S markets in the 5 o'clock edition of The Evening Bee, purchasable on the street at and after 4:45 p. m. Not in any other evening pa per published! in Omaha. Also watch for Holland's daily letter in J"he Morning Bee. A daily interpretative article of finance and matters pertaining to finance by New York's famous financial writer. to 2c higher. Selling was by elevator Interests and commission houses with the buying scattered. Oat Prices Advance. An improved trade waa 'on in oats with commission houses and ahorts buy ing and liberals selling on a bulge of nearly lc from last night's close. The advance In wheat had a good effect and No. 2 white in the sample market sold at May price to c under, the strongest of late: Cash prices were to lc higher with shipping sales 87,000 bushels. Buying of May rye against sales of wheat with n, few orders for July and light local offerings advanced prices 3c for May and 3c for July with the close $Mc under the top.. Exporters bought 6,000 bushels at 22 c over May, track Baltimore. Pit Note. Farm reserves of wheat are 186,000 bushels or 23.7 per cent of last year's crop as estimated by B. W. Snow, tha crop expert, or 44,00,000 bushels over last year. . They are based on the regular compilation of supplies, taking into con sideration the 42.H00.nfl0 bushels Canadian unreported. The estirrmte Includes spring seeding requirements of around 30,000,000 bushels. Taking stork In all positions, thePo Is 350,000.000 bushels or 28.000,000 bushels mor than last year. Farm re serves of corn are 1.605,000 bushels, or 47.6 per cent of the past crop. Last year's stocks were 1.092,000,000 bushels or 37 4 per cent. Farm disappearance. Mr. Snow says nas been on a tmallcr scale. " "The flour trltde 1 In such conditions," said a local miller, "that If any house with satisfactory financial rating should wave an order- for flour in the ft,lr ha would be smothered to death by the rush of f)our salesmen to Ket the business. The matter of price would not bo considered. I know of two or three big mills In the north who have shut down until the new crop, unless business conditions warrant them opening sooner." Receipts of wheat at Minneapolis were 19k cars, compared with 350 last week and 165 last year: Duluth received 167 cars compared with 69 lest- week and 11 a vear ago: Wlnnlpos receipts were 121 cars against 904 luet week and 178 a year ago. Bar Silver. New York, March 2. Bar silver lo- mesiic, rftc; ioreign, efc. .Mexlcnn dollars 41 c. Newspaper Advertising Starts the Wheels In November, business had a bluish cast. The finan cial waters were troubled. Corn and wheat and cotton were tumbling busi ness was halting and hesitating. Everywhere you 'heard the croakers say, "People are not buying." Then the retailers took the cold plunge. They began to readjust prices and offer inducements. And they advertised the fact advertised it in the newspapers of their home cities. They kept at it and kept at it. After a bit, buying began to wake up slowly at first, then in greater volume. Progressive merchants who know newspaper ad vertising pulls progressively went at it harder. Business grew better and better, and by the last part of December many merchants were reporting record-breaking sales, and, taking the country as a whole, business was good. Newspaper advertising saved the day and made it possible for the merchants to clear their shelves and re order from the manufacturer thus loosening the clogged stream of commerce and setting the factory wheels in motion. Newspaper advertising is the greatest single busi ness force on this continent today. The following quotationa furnished by tha Omaha Trust company: Anr. Price Tld American T. & T. Co. 6i, 122 97 7.68 American T. T. Co. 6. 1934 5 7 80 Anaconda 7. 1920 ' 8.10 Armour 7s, 1830 97 7.46 Helglan Govt. s. 1841 97 8.26 Welglan Govt. 7s. 1945 7.87 liethlehem Steel s, l$!t 99 7.70 Hethlahem Steel 7s, 19JS 9! 8. SO Hrltlsh 6s, 1922 6 8.27 Hrltlsh. 6s. 19! 88 ' 7 33 Hrltlsh 6s. 1337 6 6.92 C. B. & Q. Jt. 1s, 19'.M 97 8 70 C. C. C. A St. L. 6, 19:9 89 7.80 Christiana Hn. 1945 9fi 8.32 Cudahy Packing Co. 7s. 1928. 98 7.65 t'enmark 8a, 1945 98 8.18 French Oovt. s. 1845 97 8.37 B. F. Goodrich 7s. 1925 80 9 83 Japanese Govt, let (U 182S 82 9 90 Japanese Gov't 4s. 1931 64 9 70 Morrta & Co. Ta, 1930 98 7.73 Norway 8s, 1940 99 80S Northw'st'rn Bel T-l. 7s. 1841 96 7.33 V. Y. Central 7s, 1930 J01 6.86 Penn. R. C. Co. 7s, 1930 103 - 6.V0 Southw'st'rn Hell Tel. Js, 1936 96 8.03 Swedish Oovt. 8a, 1939 80 8.11 Swift A Co. 7s, 1926 96 7.88 Swiss Oovt. 8s. 1940 102 7.75 If. S. Rubber 7s, 1930 99 7 TO Weat'gVso Elec. Is. 1931 98 7.18 Foreign fcxrhange Rates. Following are today's rates of exchange aa compared with the par valuation. Fur nished by the reterB National bank: Par Valuation Today Austria 30 ,0024 Belgium 195 .0762 Ciecho-Slovakla .0130 Denmark 27 .1750 England 4,86 8.89 France 193 .0720 Germany 238 ,016l Greece .185 .0750 Italy 186 .0866 Jugo-Slavla .0070 Norway 27 .1666 Poland 0024 Sweden 27 .2236 Switzerland 195 .1660 New York Cotton. New Tork, Marih 2. Weak cable from Liverpool, a decline In foreign exchange, a pessimistic view of foreign political con ditions and selling by spot firms and the south, led to a decline of 17037 points at the New Tork cotton opening. Prices recovered rapidly, most of the initial loss being regained by the end of the first 16 minutes. There was southwestern selling early In the afternoon, but the market steadied on covering on the bftter tone In the stock market and foreign exchange, with prices 20S24 points from the low point. Turpentine and Rosin. Savannah, Ga., March 2. Turpentine Market firm: 63(?5:'c; no sales; re ceipts 99 barrels; shipments, 113 barrels; stock, 12.375 barrels. Rosin Market firm; no sales; receipts, 43 casks. Shipments, 268 casks; stock. 76,772 casks. Quote: B, T. E, F, O, H, I, K, M, N, WG. WW, 811.00. . Text Book of Wall Street 1921 Edition Copies FREE. No Obligation. McCall & Riley Co., Inc, 20 Broad St. New York A 40-page book crammed full of infor mation for the investor and stock trader. New York Coffee. New York. March 2. The market for coffee futura was very nulc! toilay and after opening unchanged to points higher, showed very Mule, change. Tha appreciation lit ltlo evchango rates and advance in Santos futures aa reported by the early cables, probably accounted for some scattered buying, but there was a decline In the Rio market and senti ment was more or leas unsettled by un certainty reasrdlng the outcome of the war reparations conference. Mny eon tracts fluctuated between 6 3i 6.4Sc, closing at 6.41c, with the gcnaral market closing at a not advance of 3 to 10 polnta. March, 610c: May. 6.41r; July, 6.81c; September, 7.17c; October, 7.!3c; December. 1.6 Sc. Coffee Spot, market dull: Ttlo 7s, 6 96c. Santos 4s, 3wl0c. New York Kry tiooila. New York, March 3 Cotton goods mayr kets weakened in first hand following snother break In cotton. I'rint clothe dropped to 7c for 38 Inch 64x60 and So for 8xT2s. the lowest levels In sev eral years. Yarns, burlap and hosiery markets were very quiet. The American Woolen company opened lines of men's wear suiting at prices 46 to 50 per cent lower than those of a year ago, but In some Instances, above special sale prices of last January. New York General. Nw York. March 2. Wheat Spot Market steady No. 2 hard. 31.91 c. I. t. track New York; No. 3 mixed durum, 11.80 c. I. f. to arrive. Corn Spot, market firm; No. 8 yellow 88o and No. 3 mixed 8c, c. I. f. New Tork, 10 days' shipment. Onts Spot, market firm; No. 1 white 57 c. Lard Market easy, mlddlowest, 812.35 12.45. Oother article unchanged. Chicago Produce. Chicago, March 2. Butter Firm; creamery extras, 63c: standards. 61a. Eggs Lower; receipts, 22,649; rases; firsts, 32 33c; at mark, cases Included, 31 32c. Poultry Alive, unchaged. IJbertv Bond Prices. New York. March 2. Prices of Liberty hnnda at noon were: 3s. 91.02; first 4s 86.90: second 4. 66.60: first 4s, 81. "4: second 4s, 86 90; third 4. 90 12; fourth 4s. 87.04; Victory 4s, 97.62; Victory 3s, 97.35. London Metals. London. March 1. Standard copper, 68 7s 6d; electrolytic, 73; tin, 1168 10s; lead, 12.85c. - i . CALLS ODD LOTS 10 an!) $20 If you ttiink the market is going up buy Call, if down buy Puts, if in doubt buy Spreads which is both a Put and a Call snd places you on both sides oj tha market PROFITS UNLIMITED Writs today for booklet Mo. 82. explains fully, qlso valuable rules for Trades in Stock, Cotton and Grain (free). C. Goldhurst & Company SERVICE i : RELIABILITY 50 Broad Street New York We Offer 7 MORTGAGE BONDS Tax Free in Nebraska $100, $500, $1,000 Amounts Investment Dep't. Republic of Chile External Loan Sinking Fund 8 Gold Bonds Due Feb. 1, 1941 Sinking Fund sufficient to redeem entire issue at or before maturity. In $500 and $1000 denominations. Offered if, as and when issued at price to yield about 8.21 to maturity Circular OB.374 Sent on Request IfeNationalGty Company Omaha First National Bank Bldg. Telephone- Douglas SS18 6V2 and 1 First Mortgage Farm Loans Free from State and. Local Taxes. 0 Call or write for offerings. Gk Tmrr. Own IMia National nptrOfOO Phone Douglas 2793 Mb Wit mis Tasi ftflli ishk mm arscta i-T rnC2 ST Mgtsataita OMAHA IfA. NO PRINTING COMPANY etc: p rjunuva Commercial PnrniM 4iTno6iuphcrs steel DicCMBOssnts toofc tCAr Devices GRAIN- TI7E solicit your consignments of all kinds of grain to the Omaha, Chicago, Milwaukee, Kan sas City and Sioux City marKits. We Offer Yon the Services of Our Offices Located at 1 Omaha. Nebraska Lincoln, Nebraska Hastings, Nebraska Chicago, Illinois Sioux City, Iowa Holdrege, Nebraska Geneva, Nebraska Deo Moines, low Milwaukee, Wis. Hamburg, Iowa Kansas City, Missows Get in touch with one of these branch offices, with your next grain shipment The Updike Grain Company "The Reliable Consignment House" mm m