Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (March 7, 1921)
THE EEE: OMAHA, MONDAY, MARCH 7, 1921 L ' r 1 , Agricultural News of, Special Interest to Nebraska and Iowa Farmers Grain Prices Close Stronger At End of Week Market Erratic on Monday, But Becomes More Steady During Latter Part Of Week, Last weik started out with rather an erratic trend in the Chicago grain market and t!v day closed with 'a lower range of prices and small losses. Wheat was off fc to lh cents, with March iu the lead, corn ' cent lower and oats 1-3 cent higher, while rye and harley were un changed from the xtose of the pre vious week. Reports of green bugs were numerous, hut export business was uo to the past few days, atul 250,000 bushels were reported sold at the seaboard. Milling demand from the northwest country was fair, ana cash prices there held their own, with millers at Minneapolis taking a considerable amount of March wheat. March wheat at Kansas City was U to 12 cents under the Chicago price. St. Louis and Omaha markets were 1 cent higher to 1 cent lower, and Kansas City was reported unchanged to 2 cents lower. Heavy selling on a bearish convic tion, labor troiibks and complica tions in national politics, combined with crop uncertainties, made a ner vous feeling on the market Tuesday, by? the declines made early were nore than recovered m late trading, na tne ciose was arouna me oesi rices, with net gains of 1 to 2 cents on May, unchanged for March wheat, H to Jfe cents higher on corn, to ?.t cents on oats, B cents higher on May and x, cents lower on July rye and unchanged on barley. Drop of One Cent. Fears of trouble between France and Germany and a revival of the export demand brought on a cover ing movement and March was taken by exporters and'sold by longs .with a drop of 1 cent over the premium for May. Germany took two cargos of Pacific coast wheat; Italy took two cargos at the Gulf, and Greece bought 6,000 barrels of flour. Eng land also took one cargo of Man churian wheat at $1.77, - The market opened stronger Wednesday, with sharply , advanced prices, due to a covering movement and to a response of values to the news. While the highest prices were not held at the close of the market, there were gains of 1 1-4 cents on wheat, 3-4 to 7-8 cents on corn, 3-8 cents on oats and 2 and 23-8 cents on rye. Wheat receipts were 17 cars at Chicago. Prices at the top were 31-4 cents for March, to $1.70 and May to $1.61 1-2. The ton prices called out considerable realizing arid the finish was 2 1-4 to 2 1-2 cents under the top. A French estimate of, the wheat sit uation placed the import require ments of countries not able7 to feed themselves at 260,000,000 bushels nd the surplus of exporting coun tries at 293,000,000 bushels, .leaving a surplus of 33,000,000. ; . , Drop on Thursday, Grain prices dropped early on Thursday, but with an advance later, and closed around the top.. Last sales showed gains of 2 1-4 to 2 3-4 cents on wheat, 3-4 to 7-8 cents on corn, 1-2 cent on oats, 2 1-4 cents on rye and 1-2 cent on barley. t The grain market closed stronger oil Friday, clue to the coming change in administration at Washington, and the feeling that President Harding will not interfere with business and that conditions should steadily grow better in all trade lines. At the finish wheat was 1 5-8 to 2 cents highe, with March leading. Corn was up 1-2 to 3-4 cents, oats 1-2 to 5-8 cents, rye 1-8 to 1 1-4 cents and, barley 11-2 cents. Southern States Show Lowest Wages on Farm Labor During Last Year Lowest rates for farmMabor by the month without, board were found in the south Atlantic states during 1920, according to figures just released by the United States Department of Agriculture. The average for the group 0f states was ScO.ao per month. The south cen- 1 states averaged slightly above this figure, the amount being given as $51.94. The wage levels for the northern groups of states were found to be considerably above these figures in 1920, as they. have been during the 55 years of the repord of the bu reau. Y In the north central states east of the Mississippi river, the average of $70 was found: in the north Atlan tic states, $75.54; in the north cen tral states west of the Mississippi, $70.79. By far the highest average was in the far ewstern states, the . figures showing $99.43 as the average monthly wage. U. S. Bureau of Markets Urges Standard Conditions The Bureau of Markets of the United States department of agricul ture is attempting to fix a standard shipping container for fruit and vege tables and has recommended stand ard sizes for three of the most com mon types of packages. These are he hamper, the round stave basket, and the ordinary market basket. These recommendations provide not only standard sizes, but stand ard dimensions, and it is the intention of the dcDartment to fix standards which will be readily distinguishable from each other by the average buyer. High Priced Holstein V Calf Comes to Nebraska Jerome Aldrich of Beaver City, old Holstein bull calf from the Fair view Stock farm at Tylen Hill, Pa., that is claimed to be one of the best bred and highest priced bovine youngsters that ever -was sold west of the Mississippi river. Heis of the King Segis Pomtiac Alcana strain. His sire sold for $30,000 and his grandsirc for $50,000. Black Clouds in Sheep Business Have Silver Lining if Flocks are Improved Time to Get in Game is When Others Are Scared Farm ers Quitting Make Mistake. . By FRANK RIDGWAY. Black clouds that have been" roll ing over the sheep business for scv eral months may not be as danger ous as they appear to be. In spite of the staggering bolts and the blind ing flashes that have stunned the sheep and wool market, experts be lieve there is a silver lining to the storm-scud clouds. They advise growers to keep their flocks, improve the quality of wool and mutton, and lay stress in the future on economic methods of production and market- " ... , " 1 he time to get into tne game ol raising sheep, or sticking to the lit- tie band of sheep on the farm, 3 whcri the other fellow gets scared and wants to get out of the business. Instead of doing that, farmers are taking the opposite course; theym are getting out ot tne Dusiness wnen there is a shortage of sheep and prices are comparatively low," re marked a sage the other day at the Chicago stockyards who has betn a close student of the sheep industry for many years. Breeding Ewes Should Not Be Sold. "It is an economic waste for farm ers to put good breeding ewes like this one on the market," he said, hooking the crook of his hickory cane around the neck of a thrifty, black-faced ewe as she ran through the tally gate in the sheep pens. "Hundreds like this one have been going through these alleys on their way to the butcher's block every day for six weeks or more, selling for only a few cents a pound. They would be worth twice or three times as much if they were kept out here orj somejof our good pastures in the middle west, where they could pro duce a pair of lambs, and a fleece of wrol." L. L. Heller, a specialist who is constantly iu touch with activities of the sheep business, says that while the industry is in a deplorable con dition at -the present time, there -is a hopeful future. Farmers are not looking fat. enough, ahead, he be lieves. "They have lost confidence in the business, and, like sheep jumping a ditch one after the other, growers have been following one another in rapid succession, selling carload after carload, until today flocks all over the country are markedly depleted," She says. "I' believe there is a much greater shortage of breeding sheep in the United States now than the people of this country realize. Breeding ewes are being sold along with the Iambs, and the Way is being paved to a shortage of both wool and mut ton. There will be a demand for i these products, far in excess of the supply, and the farmer who can. look ahead will win." . Sheep Shortage Shown. ""An example of the shortage of sheep in the middle west is indicat ed in the census report of Ohio. There has been a reduction of near ly a million sheep in that state with in the last 10 years, and Ohio is one of the greatest farm sheep states, ranking third or fourth in the whole country. , - ' The rverage loan on, sheep in some of the western states has been esti mated as high as $9 a tiead. "We re- alize the great sacrifice that is being made when we sec breeding ewes that sold for $20 each a year ago sell ing for $6 or $7, and in many cases even less," added Mr. Heller. "For six weeks or more aged ewes sent to the Chicago market 7ave netted their owners only 20 or 30 c nts r. head after commission and freight charges were paid. Farmers in the' central states are urged to hold their flocks. It is be lieved they are justified in buying good breeding ewes when they can get them for $5 a head, as Iowa farmers have been doing recently. Get western range ewes for the corn belt farms and cross them with pure-bred rams. There is still an opportunity for the average farmer to handle a flock of 25 or more and make money. Too often the sheep raiser neg lects his flock and blames mysteri ous influence for his failure.. Sheep are often forced to gather all of their food from fence corners and patches of brush. They must have care, the same as other kinds of live stock. More efficiency needs to be injected into the production ohase of the sheep industry. This fact is indicated in the demonstra tion carried on in Indiana recently, and to be reported in the forthcom ing issue of the American Sheep Breeder by Claude Harper, an au thority on sheep husbandry at Pur due university. 1 Pooling System Helps. , . Improved methods of marketing wool through the pooling system is regarded as an important factor in the outlook of the sheep industry. State colleges and farm bureaus pushed the movement to encourage farmers to have their wool manu factured into suit cloth, blankets, and auto robes as a means of re lieving the market situation. To what extent this will be developed depends largely upon the market conditions of the future, but the possibilities of this work have been demonstrated, and will certainly strengthen the confidence of wool growers who want to stay in the business. As example of what the wool pool has done is reported by M. H. Lock wood, Connecticut Agricultural col lege. 1-ast summer the sheep clubs in that state pooled their spring clip. The fleeces were collected at various stationsshipped to a scour ing milt and from there to a woolen mill, and woven into cloth. iClub members were paid from 85 to 90 cents a pound for the wool, depending on the grade. The cloth, made into various patterns, "sold readily at $3.50 a yard. Usinf? three and a half yards for each suit, the material cost $12.25. An allowance of $20 to $30 lot the tailoring, the total cost of a suit was from $32 i to $42. j23tis -riy -y r a V ! w WELCOME IMMIGRANTS Corriedale flock of sheep of the wool and mutton breed, recently introduced into this country from -New Zealand. The famous "Canterbury lamb" comes from this type of sheep, established by crossing long wool rams upon fine wool ewes. They rep- resent a type of sheep that is constantly growing in popularity in farm- inf, 8ectjonB an over the world a good kind for the corn belt farmers to j.ajset ! , . Yorkshire Hogs At Nebraska Farm State University Buys Sow to Acquaint Students With English Breed. Lincoln, March 6. A Yorkshire sow, a breed which is somewhat of a curiosity in Nebraska, was recently added to the swine heads at the col lege ofi agriculture, University of Nebraska. The sow was purchased from the Manitoba agricultural col lege at Winnipeg, Can. Shortly after arriving here, the sow presented the state with a litter ot 15 pigs, 14 of which survive. The Yorkshire hoaslare of Enulish origin, but have been introduced into Canada and into a few states in this country. Two smail herds have been developed in Nebraska, one in Pierce and another in Otoe county. I he large Yorkshire breed, to which the colleges' sow belongs, is one of the largest breeds of bacon- type swine. They are heavy-boned, rather long-legged, have dished faces with prominently turned up snouts, large ears, and large wide jowls. The. color is white, which sometimes re sults in1 sunburn in very hot weather. 1 he university, it is understood. does not intend to establish a herd of Yorkshires. The sow was im ported principally to acquaint stu dents with this prominent nacon- type breed. Until recently the col lege possessed a representative of the Tamworth breed, which rank.; with the Yorkshire in size; and which is also more, or less of a curiosity in Nebraska. R cm By EARLE WHITNEY. "What effect will the low price of eggs have on the poultry raiser and what can he do to offset this unusual condition?" The recent slump in egg prices has made this question an all-important one to the industry. Most any one could make a profit producing market eggs when feed was low in price and eggs were high. The mild winter conditions have had much to do with price reductions. Cold weather retards egg production and there has been very little cold weather in our heaviest poultry producing sections. The hens therefore have laid un usually well and what promised to be a serious shortage has almost been turned into a real surplus, so faithful have been the efforts of old biddy. It may be. too, that the present drop was influenced by the efforts of big buyers who perhaps were exercising every means to reduce egg prices in preparation for the packing season. Whether or not this was the cause, the fact -remains nevertheless that eggs are down. Present indications are that they will go' into storage at prices rang ing from 30 to 40 cents. Comparing with last year, this will mean that select storage eggs next fall and winter will sell from 70 to 80 cents per dozen. In this event the newly laid eggs will again be at a pre mium. The scare over the cheap Chinese eggs reaching our markets had a decided effect on recent prices. At least, h was used to help beat down prices. It looks now as though a tariff will soon be imposed on these foreign eggs which will protect the American producer. , Government reports show that all of last year's cold storage eggs arc gone. In spite of a heavy production Condition ml Ejgs that are highly fertile and hatch chicles that are strong and grow, come only from strong, healthy, vigor ous breeding flocks. It's time now to get your birds in perfect breeding condition by giving them imrf Pratts Poultry Regulator Elf If . For Dearly fifty vean America's greatest poultry tonic' ' and conditioner. When leading successful breeders like Mr. John S. Martinand a host of others uk and endorse ' Pratts Poultry Regulator, you well. It does make hem lay it hatchabuity. Try it this season now... And " Your Monty Back If YOU Art SaiUfud" ' Tki Prmi iiilir tM yen rtfs Uu tumuut. Ttli it tut wiii atst, , PRATT FOOD CO. f Slump in Cattle Feeding in Iowa The Recent Livestock Census Shows 30 Per Cent Decrease Compared With Year Ago. Cattle feeding in Iowa has fallen off 30 per cent compared with oper ations a year ago, according to the findings of a recent live stock cen sus instituted by the Iowa Farm Bureau Federation. '' This estimate is borne out by figures compiled by the United States bureau of mar kets showing receipts and shipments from 66 markets in the country where cattle are handled in con siderable numbers. The total shipments of stockcr and feeder cattle from these markets, in 1920 amounted to 4,069,000 bead, against a total of 5,278.000 head in 1919, a difference of 1,209,000. Re ports from 10 middlewest markets Chicago, St. Paul, Sioux City, Oma ha, Kansas City, St. Joe, St. Louis, Wichita, Oklahoma City and Fori Worth tell the same story. The first six weeks of 1920 fail to show much change. In spite of the vast amount of cheap corn in the middlewest the outgoing move ment of feeder cattle is very slow. Durijig'the week ending February 11 a total of 33,789 head went out from the 10 markets named, and this figure included calves. Shipments for the corresponding week of 1920 totalled 54,653 head, a difference of nearly 40 per cent. .Ufa of fresh eggs the past three months, those in cold storage have been con sumed plus all the fresh production. What will be the result of such an unusually heavy egg production dur ing this open winter? In the central states, where eggs are largely pro duced that go into storage, the sea son is in reality 30 to 60 days ahead. There may still be some cold or stprmy weather, but that will not off set the fact that the average pullet in most flocks has produced eggs at top speed all fall and winter. SHe has been doing spring laying for 60 days. In many cases a large per cent of the pullets have "layed themselves out" right now. Some will soon go through a partial moult about the head, neck and breast. They will possibly stop laying as long as eight weeks. Broodiness will affect hens to greater extent in early spring than would otherwise have been the case had egg production not been so heavy all winter. These things will all tend to further decrease the sup ply of fresh eggs which is needed the next four months for storage purposes and to supply the immedi ate demand for consumption. Poultry raisers who know and un derstand their bhsiness have no cause to worry. It is now a matter of better methods if success is to be attained, As much money in clear profits ran be earned under a condition of low grain prices and reasonable egg prices as was earned during the many months of high egg prices and correspondingly men feed prices. Poultrymen should work for great er efficiency and increased annual production and remember that the big season for profits in eggs must always be fall and winter. Late win ter and early spring can never be looked to for unusual profits. Eggs are always comparatively cheap at this time of the year. the Breeders- Get Big Hatches may be sure it does its work doe improve fertility and start Not . PUUMptus CUctio Toroaia V-flk afifu Interest Rate on Farm Loan Bonds Is Big Handicap President of Fremont Bank Returns From National Meeting Plan to Float Big Issue. Fremont, Xeb., March 6. (Spe cial.) Dan V. Stephens, president of , the Fremont joint stock land bank, returned from Chicago where he attended a national meeting of presidents of the joint stock laud banks called to form a syndicate for marketing a large issue of farm loan bonds. A committee is now nego tiating with a group of bond houses to market b8nd issues of the 29 banks in the United States. "There is a decided handicap in the way of immediate action, how ever, owing to the limitation fixed in the' farm loan act limiting inter est rates on farm mortgages to 6 per cent," said Mr. Stephens. "To secure money for farm loans, 6 per cent farm mortgages are bonded at 5 per cent and the bonds sold to the public. This leaves 1 per cent for operating expense and profit for the bank. It is apparent that the bank must sell the 5 per cent bonds at par because 5 of the 6 per cent collected from the farmer goes to the bondholder. If congress had left the interest rate open so the bonds could be sold on the market at the current inter est rate, money in unlimited amounts would immediately be available.) As the limitation stands banks can onlv operate when interest rates go down to a per cent. I hey have no in centive to raise the rates as the law fixes their margin for expense and profit at 1 per cent. They get that 1 per cent whether the rate is high or low." 'It is imoossible to make farm loans till a bond sales can be made. The Fremont joint stock land bank will offer for sale through the syn dicate $1,000,000 of our bonds at par. If they are absorbed by the market, we will at once proceed to make loans. If the public refuses to buv 5 per cent farm loan bonds at par the farmer will have to wait till the demand tor money lessens and the rate falls, or till congress lifts the limit of 6 to 6 1-2 or 7 per cent on One Hazard of Many! Omaha is truly a metropolitan city. A glance at the seething tram of traffic is quite enough to convince the most skeptical. . (AocoNjlnf to the Traffic Safety Committee:) During the past year In Omaha there were 567 Automobile Accidant, resulting in 450 Injuries and 27 Deaths. An accident need not result in your death, but the chances are that it will at least temporarily keep you from you duties. Your moat valuable asset is your time, on which your earning ability is based. i - You can protect "this most important asset" at a very small cost by securing Accident and Health Insurance, which may well be termed Income Protection. Can You Afford to Gamble With Chance? I HarryA Koch-Co "PAYS THE CLAIM FIRST" 636 First National Bank Building TyUr 0360 Insurance, Surety Bonds, Investment Securities ' Charter No. 2775 REPORT OF CONDITION OF THE MERCHANTS NATIONAL BANK AT OMAHA, IN THE STATE OF NEBRASKA, AT THE CLOSE OF BUSINESS ON FEBRUARY I RESOURCES Loans and discounts, including- rediscounts .... Deduct: Notes and bills rediscounted with' Federal Reserve Bank Overdrafts unsecured JfJJJJJT" U. S. Government Securities Owned: U. S. Bonds to secure circulation Pledged as collateral for bills payable Owned and Unpledged W. S. S. and Thrift Stamps owned Total of U. S. Government securities Other Bonds, Securities, ate: Bonds pledged to secure U. S. Deposits Securities other than U. S. bonds owned and unpledged . . Total bonds, securities, etc., other than U. S Stock of Federal Reserve Bank Value of Banking House Owned and Unincumbered.... Lawful reserve with Federal Reserve Bank Items with Federal Reserve Bank In process of collection Cash in vault and net amounts due from national banks. Net amounts due from banks, bankers and trust com panies Exchanges for clearing house . ; . Checks on outside banks and other cash items Checks on other banks in same city Redemption fund with U. S, Treasurer Total , LIABILITIES Capital stock paid in , , , Surplus fund , . , , Undivided profits Less current expenses, interest and taxes paid........ Unearned discount Circulating notes outstanding Due National Banks Due banks, bankers and trust companies Certified checks outstanding Cashier'a checks outstanding Individual deposits subject to check C. D. due in less than 30 days Dividends unpaid Time of C of D's payable after 30 days .. Postal Savings Deposits War loans deposit account Bills payable with Federal Reserve Bank Total 13.851,017.99 Liabilities for rediscount with Federal Reserve Bank ., 1,754,499.77 Of the total loans and discounts shown above, the amount on which interest and discount was charged at rates In excess of those permitted by law (See. 6197, Rev, Stat.) (exclusive of notes upon which total charge not to exceed oOo'was made) was none. The number of such loans was none. The amount of money loaned ON CALL OR DEMAND, by this bank on bond and stock collateral, in New York City, including both loans made directly to borrowers and those through ita New York correspondents, on the date of this report was none. The amount of money loaned ON TIME, by this bank on bond and stock col lateral, in New York City, including both loans made directly to borrowers and those through its New York correspondents, on the date of this report was none. STATE OF NEBRASKA, COUNTY OF DOUGLAS, 6S: I. S. 8. Kent, Cashier of the above named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. S. 8. KENT, Cashier. Correct Attest ; L. DRAKE, FRED P. HAMILTON. G. SAM ROGERS. Directors, Subscribed and sworn to before me this 2nd day of Msreh. 1 9 U 1 . (SEAL) CHARLES M. F1XA, Notary Public. Raincoats Not Needed To Eat "squirtless" Brand of Grapefruit Rejoice, all ye lovers of grapefruit, for it is announced that a squirtless variety is in he making. No more will the festive breakfast hound have t6 squint his eyes and lean back in his chair in an effort to get beyond range' as he digs out a spoonful of the succulent pulp. The juice of this new variety is there, all riglit, but it simply doesn't squirt. This new discovery was an nounced recently when Senator Ash urst of Arizona read into the Con gressional Record, a bulletin from the United States Department of Ag riculture. The new variety, which is claimed will spare the eye from a shower, is known as the tangelo, and is described as a hybrid, a cross be tween the tangerine and the grape fruit, but is said to be much more tender and well-behaved than its par ents. The birth of the tangelo is complete, but no attempt has been made to market it. "There is little or no tendency for the juice of the tangelo to squirt when the spoon is inserted," the ag ricultural bulletin said. farm mortgages. The consensus of opinion of the land bank presidents is that our bonds will sell at par very shortly and that funds will be avail able soon, possibly within 60 days at most." Argentina Suspends Wool Export Duties Government authorities in Argen tina have announced that export duties on outgoing stocks of wool, hides and sheep skins will be sus pended for one year. This action was taken with the hope of expedit ing the movement of large surplus stocks of the commodities mentioned. This emergency measure also authorizes the National bank of Ar gentina to finance wool growers and dealers. The tank is empowered to discount commercial, bills of ex change, also to rediscount bills for other banking institutions. Govern ment warehouses will be at the dis posal of shippers for storing stocks. Another feature of tne measure pro vides for the importation of woolen cloth free from tariff charges, in or der to tncourage the manufacture of clothing. Reserve District No. 10. 21, 1921 $10,769,805.4$ 1,754,499.77 9,0i,303.69 16,229.09 50.000.00 387.000.00 96,250.00 688.71 u38.S08.71 37.000.00 80,944.65 117,944.65 45,000.00 100.000.00 716,424.51 343,927.24 1,091,704.66 997.162.46 135,796.66 149.140.87 87.074.05 2.600.00 3,522,729.85 13,351,017.99 1,000,000.00 500,000.00 388,861.66 90,017.00 60,000.00 426,363.37 87,491.71 1,084,761.19 1,676,042.03 287.905.09 62,366.32 7,397.936.97 110.000.00 874.00 349.791.89 10.022.84 16.600.00 10,985,689.83 336,450.00 Kearney Merchants Boosting Pig Club Kearney, (Neb.) merchants hare started the raising of better live stock in Buffalo county, especially among the younger generation. At a recent meeting of the Kearney Chamber of Commerce, H. C. Holt announced that he would furnish to each of, i0 IJuffalo county boys and girls, a bred sow, giving thenutitle and pedigree to the animal, and al lowing them a period of 10 months in which to pay, thereby making it possible to pay for the sow from the crop of pigs. At the same meeting, J. A. Boyd, president of the Buffalo County Fair association, announced that it was planned to give a series of special premiums for the boys and girls who entered the live stock and club exhibits at the fair. Virtually a new department will be created, and one which promises to become, in the course of time, one of the largest branches of the fair. BANK STATEMENT. Charter No. 2665 REPORT OF CONDITION OF THE NEBRASKA NATIONAL BANK AT OMAHA, IN THE STATE OF NEBRASKA. AT THE CLOSE OF BUSINESS ON FEBRUARV 21st, 1021. RESOURCES 1. a Loans and discounts, including rediscounts I 2,512,804.45 Total loans . . 2,612,894.45 Deduct: d Notes and bills rediscounted with Federal Reserve Bank (other than bank acceptances sold) (see Item 64a) 2. Ovedrafts, unsecured 4. U. S. Government securities owned: a. Deposited to secure circulation (U. S. bonds par value) d Pledged as collateral for State or other deposits or bills payable t Owned and unpledged h War Savings Certificates and Thrift Stamps actually owned Total U. S. Government securities 5. Other bonds, securities, etc.: e. Securities, other than U. S. bonds (not Including stocks), owned and unpledged. . Total bonds, securities, etc., other than 17. S... Stocks, other than Federal Reserve Bank stock Stock of Federal Reserve Bank (60 per cent of sub scription) a Vklue ot banking house, owned and unincum bered Furniture and fixtures , Real estate owned other than banking house Lawful reserve with Federal Reserve Bank Items with Federal Reserve Bank in process of col lection (not available as reserve) Cash in vault and net Amounts due from national banks Net amounts due from banks, bankers, and trust companies in the United States (other than in cluded in Items 11, 12, or IS) Exchanges for clearing house Checks on other banks in the same city or town as reporting bank (other than Item 16) Total of Items 12, 13, 14, 15, and 16 Checks on banks located outside of city or town of reporting bank and other cash items Redemption fund with U. S. Treasurer and due from V. S. Treasurer Interest earned but not collected approximate on Notes and Bills Receivable not past due........ Total LIABILITIES Capital stock paid in Surplus fund a Undivided profits b. Less current expenses, interest, and taxes paid.. Interest and discount collected or credited In advance of maturity and not earned (approximate) Circulating notrs outstanding Net amounts due to national banks Net amounts due to banks, bankers, and trust com panies in the United States and foreign countries (other than included in Items 28 or 29) Certified checks outstanding Cashier's checks on own bank outstanding Total of Items 28, 29, 80, 31, and 32 Demand deposits (other than bank deposits) subject to Reserve (deposits payable within 30 days): Individual deposits subject to check Certificates of deposit due in less than 80 days (other than for money borrowed) Deposits requiring notice, but less than 30 days Total of demand deposits (other than bank de posits) subject to Reserve, Itema 83, 84, 35, 86, 37, and 88 ' Certificates of deposit (other than for money bor rowed ) Total of time deposits subject to Reserve, Items 39. 40. 41. and 42 89. 44. a U. S. Government Securities borrowed without fur nishing collateral security for same b U. S. Government Securities borrowed for which collateral security was furnished Bills payable with Federal Reserve Bank 48. Total 64. a Liabilities for rediscounts with Bank (see Item Id) Total contingent liabilities (54 a, b, e, and d (not including itema in Schedule 23 oft report) 896,103.31 65. Of the total loans and discounts shown above, the amount on which Interest and ' discount was charged at rates in excess of those permitted by law (Sec. 6197, Rev. Stat.) (exclusive of notes upon which total charge not to exceed 60 cents was made) was none. The number of such loans was none. 56. The amount of money loaned ON CALL OR DEMAND, by this bank on bond and stock collateral, in New York City, including both loans made directly to bor rowers and those through its New York correspondents, on the date of this report was none. 67. The amount of money loaned ON TIME, by this bank on bond and stock col lateral, in New York City, including both loans made directly to borrowers and those through ita New York correspondents, on the date of this report was none. STATE OF NEBRASKA, COUNTY Of' DOUGLAS, ss: I, H. W. Yates, cashier of the above named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. V H. W. YATES, Cashier. Correct Attest : john w. towle. john Mcdonald, F. W. CLARK, Directors. Subscribed and sworn to before me this 28th day of February, 1921. (SEAL) A. W. FRANCIS. Notary Public. GRAIN-- WE solicit your consignments of all kinds of grain to the Omaha, Chicago, Milwaukee, Kan sas City and Sioux City markets. We Offer You the Services of Our Offices Located at Omaha, Nebraska Get in touch with one of these branch offices, with your next grain shipment The Updike Grain Company "The Reliable Consignment House" illff'l!W!iTll!'?wi''''Ll'lll'(lll''i""!H'i ,'l ;n;':iTnL';iti.ni'i'-1 'rM:HtlLi"l''V!''Mi'TIl':i'i' VTT"itO .litStiiiii T'TiVril't.',)";.' 1 WrrJ rmrr llii"iiii 'L- v !"iL! r'L" " iit'WVtV "hir 1 "'!'m Ji! yi Cur Dogs are Doomed In Show-Me State if Proposed Laws Pass Good dogs of Missouri havecauc to rejoice and by the same token, the curs should be downhearted. Senator B. T. Gordcn of Clay coun ty, recently introduced a bill in the state legislature, providing a license fee of $1 each for male canines and $3 each for females. The slogan is: "Protect the good dogs, but elim inate thee urs." The dog license fees would go into the state road fund. With thd bill launched in the sen ate, Representative Dick B. Dale of Ray county, has introduced the same bill in the house. Ray county is noted for the fox hunting, but people who follow this form of sport keep their fox-hounds well fed and they do not have to de pend on sheep for a diet, it is said. Sheep men are strongly behind the bill, and the indications are that the measure will pass both branches in the near future. Reserve District No. 10 896,103.3112,116,791.14 192.89 200,000.00 295,000.00 128.819.61 11.00 623,904.61 101,433.46 101.438.46 2.500.00 19.600.00 215,000.00 61.497.65 63,930.96 209,256.20 128.897.56 315,728.08 165,332.30 73,146.38. 1,816.26 714,919.18 7.782.021; 10.000.00 83.420.63 4,180,128.13 600,000.00 150,000.00 71,644.12 9,963.68 192,600.00 224,872.13 101,855.62 80,311.50 381.478.01 2.970.00 4.956.40 613,771.56 1,689,292.97 81,716.00 187,668.98 1,90?,677.95 163,670.82 880,000.00 163,670.82 839,000.00 250,000.00 4,180,128.13 396,103. 31 Federal Reserve Lincoln, Nebraska Hastings, Nebraska Chicago, Illinois Sioux City, Iowa Holdrete, Nebraska Geneva, Nebraska, Des Moines, Iowa Milwaukee, Wis. Hamburg, Iowa Kansas City, Missouri i f J v.- - 1 v
