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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (March 9, 1921)
t THE to: OMAHA, WEDNESDAY. MARCH 9. 1921.. 11 I ( Secretary Mellon Favors Funding Of Allies' Debt Such is Indication of State ment of New Treasury De partment Head Opposes Cancellation, Is Belief. - By HOLLAND. Andrew W. Mellon,- secretary of the treasury at the beginning of President Harding's administration is quoted as having said that among the important, issues which the Treasury department must take up lor serious consideration is the one which relates to the fundjig of the debt which our allies owe to the United States. The inference, of course, is .inevitable that Secretary Mellon reflects not only his own opinion, but that of the president. Xo thought of the cancellation of this debt is discovered in Secretary Mcllon's comment. He is in appar ent agreement 'with many of our leading men of finance that this detn must be funded, for in that way only can it be handled. Apparently, too, he agrees with soiTie of the ablest men of finance in fhe view that ul timately all those debts will be paid. One of the financial advisers who went to Paris in order: that he might give counsel to President Wilson upon the financial aspect of the sit uation has been recently quoted as saying that the allies will pay these debts although years may lapse bc- . fore the last payment is made. Mean while the debts will be assembled or mobilized so as to assume the form of negotiable securities, which will bear a reasonable rate of interest and A'hirh in due time may be absorbed , by the public. Some of the bankers think that evn in "Great Britain in vesting capital may be found by and by tempted to invest in these funded bonds. f Aoceut, Big Rrsponslblllties. Mr. Mellon has accepted' responsibili ties comparable only with those which Governor Salmon y. Chaa faced when he, became secretary of the treasury in the first admlnlstrstlon of President Lincoln. From some points of view the embar rassments and difficulties which Secre tary Chase vam compelled to meet wero rearer than any which will confront Sec rotary Mellon. For Chase found tho credit of the United States greatly Impaired. Mellon goes into office with the credit of this country at its maximum. Chase speedily learned that the United Slates was ono of the debtor nations of the world. lr. Mellon Is well aware that this country now Is almost the only creditor nation. Chase wa compelled by highly artificial means to secure large volumes of currency, going so far at Inst as to iesue a forced loan which aggregated 1450,000,000. It was represented by the so-called greenbacks or legal tender notes. Mr. Mellon will not be called upon to provide additional currency. He ts able to turn to the Federal Reserve bank ing system tn case there shouid ba any need. Visit New York Bankers. Chasa in the early months of his ad ministration visited New York so that he might hold consultation with representa tive banker of New York. Boston and Philadelphia ln tha hope that they would furnish, him th gold of which tho treasury was In need of and of which It had little or none. They did lend 1150,000,000 in gold and . then stopped. , Mr. Mellon takes up hlsl responsibilities In the knowledge, that the United Stales possesses more gold than Is tn the pos session of any other nation and it Is so. stronglji Jortlfled that we can prevent the taking away of this gold or any consider able part of it. If it be found necessary i to put up the' bars. Secretary Chase' was compelled' to bor row hundreds of millions. He sought loan of this kind pot only from the common people of the United States, for the banks were, nht able to accept all of them, but also in the markets of the world, especially London' and In Amsterdam. Mr. Mellon will not be' forced to borrow ex cepting through temporary loans obtained upon treasury certificates, all these loans being made by American banks. I". 8. Almost Isolated.- I ' - On v the other hand Secretary Chase had no Important foreign complication! to consider. Tbo United States was. at that time almost completely Isolated ex cepting that w were borrowers, not only as a nation but at Individuals and cor porations borrowing In foreign markets. Today the United States has shaken off the shackles of 'solation. ' Many are of the opinion that- the industrial and finan cial restoration of the world awaits the leadership and influence of this country. In matter of that kind the secretary of the treasury i to be an important Influ ence. . Presumably, aside from certain pos- eible political, considerations President Harding selected Mr. Mellon for tho Treasury department not because of his pre-eminent- success as a banker - but chiefly becaus o the ability he ha re vealed a a constructive force In in dustry, in the deyolopment of natural resources and In various afair not di rt rectly associated with banking. In fact It was not essential that a hanker be chosen as secretary of the treasury, but It Was essential that a man be selected for this post which with the State de partment Is to - be possibly the leadrsat influence In Harding' administration, who had demonstrated unusual ability a a, constructive force. . . Not Banker. It ha ' often happened that successes v which have become traditional in the financial administration of a nation were achieved by men who had little or no experience tn tha field of technical or practical banking. Gladstone, one of tho foremost of Great Britain' chancellors of the exchequer never spent as much a an hour In a counting house. On the other hand Lord Goschen who wa num bered among the very great bankers of ,i England waa almost a failure as chan cellor of the exchequer, while his uc-'- cessor who - had been - not xuueh. . mors than a country gentleman or a lawyer was so successful that hi budget has become one of the great traditions of English statesmanship. So also It ha been the fact that the greatest achievements of our secretariea of the treasury at leaat since Lincoln day were not ' secured by technical bank ers. Chasa wa not, neither was Bout well. John Sherman waa not nor was William WIndam. They succeeded be cause they were men of great construc tive ability! capable of looking at an Issue from all point-' of view and then taking action with wisdom and with de termination. This probably will be char acteristic of Mr. Mellon' administration of the Treasury department. Chicago Live Stqfk. t Chicago, March 8. Cattle Receipts, 16, 000 head f opened generally steady on all grades and clasaos, closed strong on beef steers, weak on stockera and feeders; top beef steers. $10.76; bulk, $8.501.2S; bulk butcher sire stock, $6 007.0O; bulk bulls. J5.35ft6.00; real calves largely $10.50(81 11.26; stockera and feeder steer largely $r.60i.5O. Hogs Receipts, 10.000 head: light and .light butcher. 25c to 40c higher, others average 25c higher, closed firm; top, $11.06; bulk 200 sounds down $18,854 11.00; bulk 220 pounds up, $10.00 10.6O;, pigs zoc to 4 uc mcner; oum, so to ISO pounds. $10.666 11.00. 4 Sheep and Lambs Receipts, 15,000 head; killing classes steady to 25c high er: no choice bandy weight lambs here; lamb top. $10.40, average $7 pounds; choice 90-pound Colorado lambs reached $10.00; bulk fat lambs, $9.2610.n0;!cholce 165-pound wooled yearlings. $7.60; shorn, $6.75; 125-pound shorn wethers, $6.00; 122-pobnd shorn ewer. $5.00: 115-pound wooled ewes, $6.86: bujr fat wooled ewea, $5.256.76. Kansas City I.lt Stock. , Kansas City. Mo.. March 8 Cattle Receipts. 10,600 head; beef ateera and fat she stock, steady -to !So lower: top beef ateera-late. $9.85: prime yearling heifers, $8.75; mixed heifers and steers, $9.o; best cows. $7.00; bull, steady; canners, J 5o lower, many selling $t. SOS'S, 00; calve cloaelng mostly $1 lower: bulk vealer. $1.50010.50; practieal top. $11.00; stockera and feeder, steady; several load feeder. . $$.$. .... Jlog Receipt. 9.600 head; market I to 60 cent higher; mostly 40 to 60 cents higher; top. $10.30; bulk of sales, $8,76 3' 10.60; stock pig, steady to strong; good a, dnchotc fat pig. $11.00011.25. 8hp Receipts. 1,000 i head; handy weight lamha mostly 25 cents higher: top. - $8.65; heavies, 26 to 40 cents lower; no sheep offered. . " Unseed Oil. Ouluth. Minn., March 8 Linseed On track and axrlvt, $Jl.s. . - THE GUMPS- NAUGHTY UNCLE Drawn for The Bee by Sidney Smith. Copyright, 1921, Chicago Trlbun Company NCLE BIM IS CoNVAmciwtv ARROVfS HAVE BEEN fcM0Vt BUT VJOUMt? NOT M.TOGCTYJER. YAKIM6 A AT TWE ST0OC fc POKY- OLD rOHEV BAGS t ' H1MLF A SAIN - -SHt CAIU? Vf0 OU nmYHEMCT- WpJ K)NJ r H -J OH ! XV AY STUFF? WAS ONY FOOLING i nv-Ll "vi a f oouM'- wvh i suppose Yoo H0limC APRIL FOOL WHEN VOV ' HVN6 TUaVT tlAr0Nt wacn AfcOVNt HE NECK- AND SOfVOE ALL YHOE BIG CANtY &0Xt YHAY VWEWT V ? TO HER. Wtfct TULV. OF APRIL TOOL CANC- N Violets ani Rots ou EWY HEE WZ ALL ARYPlClAL nACE OVY OP Y15SUE FAPR- FOOUN' HOJ.- i suppose, all 'Tway Aovncr: .CV'm. GlVING ME AEOUT HOW YO LEA A UCCEL MeRE UFE VA TO0UN G Y0O- OH oiJ SMOWLtVjY POOL A pooii SHVMt ON "YOU frJCL F- A POU'X KNOW WMAY Carlos GoiwG yo $& ANt BUTTON H0L 0VEYS ""EN Y00 GO AWAY ME'LL wave To PENt Some OF VU ONWN eAONEY NOW . N 1 i Market, Financial and Industrial News of the Day Live Stock HecelntB were; Cattle Official Monday 10,043 11,618 Estimate Tuesday... 8,800 13,000 Two days thia wic...18.K43 24.018 Same day last wk.. 18,661 24.249 Same day 2 k, ogi:. 14,672 28,686 Same day 3 k, -igo. 11.262 24.366 Same day year ago. .16,566 24,22 March 8. Hoga Sheep 13,642 6,000 17,642 20,2113 ,20,265 27,864 23480 Receipts and dispsoltion of live stock at tha Union Slock Yards, Omaha, .Vob,, for 24 hour ending at 3 . o'clock p. m,, March 8, 1921 : " RECEIPTS OAKS. Cattle.HoKs.Shep. Wabash .- , 4 2 ,.. Missouri Pacific . 1,. 1 Union Pacific 113 . 44 1 C. & N. IV., east 7 ' 2 C. & N. V,'., west...... 61 62 : 5 C, St. P.. M. & O...... 63 . 27 3 C., B. & Q., east 22 9 '... C, B. & Q west 79 ' 29 9 C, R. I. & P., east.... 19 . 1 C, R. I. - P., west 6 6 ' 1 Illinois Central 8 ... 6 Total Receipts ...397 173 2-1 Financial Morris & Co Swift Co Cudahy Pack. Co. . Armour & Co. Schwa rtx & Co J. W. Murphy Dold Packing Co...-. Lincoln Parking Co Ogden Packing Co.. Mlgglns Packing Co Hoffman Bros John Koth'A Sens. . Mayerowlch & Vail.. Glass berg WJlson & Co W.B. Van Sant & Co. F. P. Lewis Huntztnger & Oliver J. B. R00V& Co.... J. H. Bulla R. M. Burrus & Co. Rosenstork Bros.... V. O. Kellogg .... Wertheimer & Degen Ellis & Co Sullivan Bros Mo.-Kan. C. & C. Co. E. O. Christie .... Baker J-ohn Harvey Jensen Ac Lundgren Dennis & Francis. . Cheek & Krebs.... Omaha Packing Co. Smiley Monahan Omaha Hog Co.... Other Buyers .... Total DISPOSITION. Cattle. 719 1.865 1,707 1.238 637 23 2 24 24 34 308 68 8t. 80 72 126 4 64 1 IS 22 68 17 38 111 22 890 66 123 63 21 4 1,436 Hogs. Sheep. 1,011 703 1.923 1,647 2.227 1,484 1,654 1.216 2 20 l032 "l67 1.423 ..10.269 11,780 6,16 Cattle Another heavy run of cattle Tuesday, nearly 10,000 head, was respon sible for further weakness in the market, prices' on steers ranging from barely steady to tuigiibc lower ana prices on cows ranging from steady to 1625c lower. Best beeves on sal sold around $9.60 9.76, and the undertone to the general market was unmistakably weaker. SuddIv of stockera and feeders waa not as large on Monday And price were generally just- about steady. (Quotations on cattle: Good to choice beeves, $9,009.76; fair to good beeves. $8.25i9.00; common to fair beeves, $7.60 8.00; good to choice yearlings. S8.76'8 9.60; fair to, good yearlings, $8.00lg8.75', common to falir ' yearlings, $7.007.7S; choice to prime heifers. $7.608.0O; good to choice heifers, $6.26(Si7.(0; choice to prime cows. $.75ig7.86; good to choica cows, $o.766.60; fa'r to good cows, $5.2) (8 5.75; common to fair cowa. $$.004.73; good to choice feeders. $8.60a9.5C: fair to good feeders, $7.76W8.60; common to fair feeders, $7.25(87.75: good to choice stockers.- $8.26(98.00: fair to good stock ers, $7.508.26; common to fair stockers, $7.007.60; stock heifers, $5.607.00j stock cows, $4.60(6.00; stock calves, $8,00 8.00; veal calves, $8.00 10.50; bulls, stags, etc., $4.160 7.00. BEEP STEERS. 1 Pr. No. 7 75 13.... 8 40 36 Vo. 13. . 21.. 38.. 19.. 40.. 20.. 21.. . . 806 ..1051 ,.1091 ,.1133 ..1252 ,.1167 ..1346 8 60 8 86 9 05 9 25 9 85 41 Av. 814 .1046 .1264 30 .1185 21... ...1160 31. .....1211 It... 26... 19... 12... 16... 12... 11 A. 10... 31 22 35 STEERS AND HEIFERS. 762 802 801 982 843 ...1034 .,.1010 . .. 989 ...1190 ...1163 ... 931 ...1366 7 60 8 00 8 35 8 60 I 50 COWS. 5 65 14. 6 00 18. 2. 12. 12. 30. 18. 18 995 21 990 29 864 10 803 21. 16. .14. 17. 25 6 40 6 60 7 00 7 65 8.. HEIFERS. 6 75 16.. 6 60 16.. 6 85 7 00 13. 783 990 919 842 ... 997 ...1151 ...1066 ...1124 ... 863 ...1205 ...1638 .. 868 ..1007 Pr. 35 8 60 8 75 9 00 15 t CO 7 75 8 31 8 60 9 00 5 75 $ 10 6 -85 ( 60 6 96 7 25 7 75 50 ( 75 15.. 9. . 25. . 13. . 23. . 1. . 1.. 9. . 15. . STOCKERS AND FEEDERS. 880 7 25 ...1680 ...1840 446 45S 76 . 701 . 768 .1J71 7 50 7 85 8 25 594 7 25 16. 730 . 7 75 18. 742 8 15 19.. .984 8 55 21.. 884 8 TO ' . BULLS. 4 66 . 1.. 1650 5 25 6 36 2 680 6 60 CALVES. 7 00 14 362 7 10 8 00 7 162 10 00 Hog Today's run of bogs amounted to 13,000 head and although receipts were well up to the advance estimate, demand from all quarters appeared to be fairly broad with the trend to price higher. Most of the supply sold at an advance of about 25 cents, with shippers selecting good light hogs on the early trsde. Best bacon gradea made a top of $10.10, with bulk of the receipts selling from $9.40 S'9.90. No. Av. Sh. Pr. 60. .294 40 9 45 69.. 267 ... 9 55 72. .253 40 9 65 61. .223 40 9 75 36. .247 ... 9 85 72. .216 ... 10 00 No. -Av. 68. .284 85. ,807 7224 7". 238 73, .233 78. .203 Sh. 280 Pr. 9 50 9 60 9 70 9 80 9 90 10 10 Sheep With 1,000 sheep and Iambs on sale this mornlrg the trade waa rather late tn getting started, but good handy and light lambs were In fair request and old at higher price. Best grades ad vanced to $9.35 and better, indicating a quarter higher market. Fat sheep moved on a generally steady basis anNchoice ewes were quoted up to $5.266.50. De mand for shearing lambs Is limited and practically no straight feeders are going to the country at the present time. Quotations on sheep: Best fat lambs, $9.00l.50: medium to good lambs, $3.(0 9.00: plain and heavy lambs, $7,750 8.25: yearlings. $7.00 JjS 7.75; aged wethers, $5.76(6 6.60; good to choice ewes, $6.00 6.50; fair to good ewes. $4.(05.00; cull and feeder ewes, I 2.O03.26; shearing lamb, $7.5068.25; shorn lambs. $7,009 8.00. , FAT LAMBS. No. Av. Pr. No., Av. Pl 356 Colo 78 9 00 470 fed 93 8 78 79 Colo 86 9 00 464 ted 81 9 10 499 fed S3 8 40 , . FAT EWES. 131 fed 104 5 40 157 fed 135 6 IS 149 fed 126 6 20 ' FAT WETHERS. 164 fed 126 6 00 TEARI4.NOS AND WETHERS. 459 Colo 107 6 60 8t. Joscnh Live Stork. St. Joseph. Mo., March 8. Cattle Re- ceipta, 1,000 had; market steady to strong: steer, $7.0010.00: cows and heif ers. $3.5009.26: calves. . 000 10.00. Hog Receipts. 4.000 head: market. 35 tic higher; top, $10.60; bulk, $9.75 10. SO. 'Sheep Receipts, 5.600 head; market, steady to strong; lamb, $8.7689.76; ewea. 15 00 6' 5 76. By ALEXANDER DANA NOYES. Chicago Tiihun-Omali Bee Leased Wire. New, York, March 8. While "the stock market went irregularly lower on the positive news pf the entry of the allied troops into parts of Cer many not previously occupied, it was "not active and the declines were spasmodic, being most noticeable in the industrial stocks and occurring in very evident response to attacks by professional traders on whatever seemed, to be the vulnerable points. The market did not dose at the lowest and the majority of changes were not important. Insofar as the European situation was reflected in financial markets, it was in foreign exchange. Sterling led the way in a rapid decline of AYiC from Monday's closing, its low rate of today beinsr 6 cents below the week's high figure, reached be fore the positive news of the rejec tion of the Allies' terms by Germany. Other European exchanges followed sterling, the French franc losing more than cent and the German mark touching 1.51 cents, as against a High rate of 1.67 cents on Monday. F.irliange Market Nensltlve. The foreign exchange market, having been advancing of late In a more or lew speculative m- while the stork mark3t was declining? was naturally tho more sen sitive to the influence of the German coni-t-llcation. It is yet to be aean which mar ket more correetly measured the real sig nificance of the breaking off of negotia tion. In Europcnn markets a rather sharp decline in British bonds (Consols fslliiig and weakness also in tin French 3 per cents, wt-re the- noteworthy response to the news. In London the point is made that, how ever, the dispute with Germany eventu ates. Increased public eipendlture by the allied govornments, la Involved In the extended occupation. This, of itself, would possibly influence French and British government securities. Today'a weakness in the wheat mark-t, like that of the day before, had more reference to the government's expected estimate of wheat still held on the farms from the 1920 crop than It had to European polities. Tho estimate wa!s given out after the wheat market had closed. It showed that, although the croTp was 144.000,000 bushels lesa than that of JS19 and 127,000,000 below 1918, neverthele there were still hald on the farms March 1, more wheat hy 42,900,000 bushels than a vear ago and more by 78,800,000 tlinii two vears ngo. More than one-fourth of the total 182P harvest 26.4 per cent H the exactest estimated reckoning us held in "farm reserves." This is the larg-t March estimate of actual holdings since 1916, aftsr the $1,000,000,000 harvest of 1915. Except for that year, it Is the largest In at least two decades.. Nebraska Holdover Large. In the two states of Nebraska and Kan sas alone, the present holdover of wheat Is 13,400.000 bushel beyond last, year's. The statement of England's foreign trade In February cabled from London today, reflect both the Influence of fall ing prices on the volume of foreign trade and the continued pressure to reduce the country' surplus of imports over exports. As compared with January, the value of last month' total foreign trade de creased 21 per cent and the decrease irom Februarv, 1920, is 36 V per cent. Part, but by no means all, of this heavy shrink age is a matter of lower prices, and the decrease of import as compared with a year ago is so much greater than the decrease in exports that the month' bal ance of merchandise trade against Great Britain, which, was 61,900,000 pounds In 1920, wa only 20,700,000 pounds this year. The last named sum la with three ex ception (last January. November and July), the smallest -monthly Import sur plus since the beginning of the war. In the two completed wionth of 1921 this excess of Imports has been only 7, $00,000 pounds greater than in 1913. The same months In 1920 produced an' Import surplus of 28,000,000 pounds great er than in the prewar year. New Tork Coff. ' New Tork. March 8. Tha market for coffee future wa weak and unsettled today, with 'price making new low rec ords for the sessoii, owing to the un favorable European news, weakness In Brazil and reports of lower firm offers. The opening was 13 to -23 points lower and after moderate ralllles on covering, the market weakened again on reports that Brazilian shippers were willing to ac cept lower price. May contracts sold off to 6.74c and July to 6.16c, and the close ' waa at -about the lowest of the day, showing a net decline of 42 to 48 points. Closing bids: March, 6.45c: May, 6.75c:-July, 6.14c: September, 6.60c: Oc tober, 6.63c; December, 6.87c; January, 6.99c. Spot coffe, nominal;. Rio 7s, 664c; Santo 4s, 9 He to 10c. 1 r 1 ?Tew York Cotton. New Tork, March 8. Weak cables from Liverpool caused an easier undertone at the st-x ,of the New Tork cotton market, with'."' . y,lces 7 to 34 points net lower. Wsll 'et and room traders,, were lead ing ' rs early, while apot and foreign Inte-- n(s bought. About 17 notice were in circulation. Later the market rallied and active position were about 13 point net lower. The market waa quiet at midday within 10 or IS point of Inst night's closing. The German situation discouraged fresh busi ness snd forenoon trading waa largely closing ont of old commitments. In the afternoon the msrket showed little change, ruling 6jfl0 points net lower. New York Quotations Range of prices of the leading stock furnlshad by Logan & Bryan, Peters Trust building: RAILS. , High Low A. T. & a. F. ... 82 Baltimore & Ohio 33 '4 Canaun Pacific. .11 5i N. T. & H. R. .. 70', Ches. & Ohio 59 4 Erie R. It 13 Ot. North., pfd. .. 74 'i Illinois l.'entral .. 88 Mo., Kan. Tex.. 24 Kan. City South'n 23 ; Missouri Paoiflo . . U1 N. Y., N. II. ft II. . .. 18-4 North'n Pacific Ry 80 Mi Chi. & N. W. , Penn. R. R. .. 38 i Reading Co 74ft C R. I. & P. ..' 27 South'n Pac. Co... 76 Southern Ky. ... 2H4 Chl.. Mil. & Bt. r. zi' union Pacific Wabash . . . . 8Hi 33 Close Mon. Closu 81 i 821, 33 S3'i US' 113 H3', 70! tii'i 13 73 24 23 IS 18i 594 13 734 881 24 22, 184 18 79Hi 66 38 734 264 754 214 264 . 120ft 1194 120 . 7. 751 7 59 i 1314 74 4 88 11 'i 1 63i 734 26 4 76 21 26 4 67 38 73 26 75', 214 26 120 4 New York Sugar. New York, March t. The local market for raw sugar wa a little more active today, and price were unchanged at 5 cents for Cubas cost and freight, equal to 6.02c for centrifugal. The sugar com mittee reported that it had made allot ments to local refiners at 5 cents cost and freight, although the amdunt wa not given, while outside sugars sold at slightly bolow this level, 35,000 bags of Torto Rico being reported at B.96o for centrifugal and 24.600 bags of San Do mingos at 4e c. i. f. -?qual to 5.890 for centrifugal. . Sioux City Live Stork. Pioux City. la.. March 8 Cattle Re ceipts, 6.000 head: market, 25c lower; fed steers and yearlings, $6.50(89.75; fat cows and heifers. $5.nifls.0O; canners, $2.60fii 4.00; veal. $6.0Of lO.fiO: feeders. $6.00fii 8.26; calves. $4. 607.60; feeding cows and heifers, $3.S0ig 5.75: stockers. $5.0O(f7.50. Hogs Receipts, .i00 hed: market, 15 P26c higher; llht, $9.9O0'1O.26; mixed, $9.65910.00- heavy, $S.50(g9.60; bulk of sales. 89.S0W10.1.'.. Sheep Receipt, 1,000 head; market, 950c higher. - I 15 Turpetlna and Rosin. Savannah. Qa., March 8. Turpentine Steady. 544c; no sales; receipts, 65 bbls. ; shipment. 21 bbls.: stock. 11.813 bhls. Rosin Quiet: no sales: receipts. 116 casks; - shipments. 2 icasks; stock, 75,837 casks. Quote: B. 1. E, F, O, H, I, K, M, N WO. WW. $11.00. (Last sale No vember 12 at $11. ao.) Bar Silver. New York. March 8. Bsr sliver Do mestic, 99' "; foreign. 68c, Mexican Kollara 4lc. STEELS. Am.'C'ar & Fdry..l24'i 1254 Allls-t'hal'ers Mrg a&'i atv Am. Loco. Co 86 85 4 lUd. Alloy Stl Corp 30 29 Baldwin Loco. Wis 89. 88 Beth. Steel Corp. i 56 Colo. Fuel & Iron Crucible Steel Co.. 94 91 4 Am. Steel Kdrya.. 294 -'4 Lackawanna Steel f-5 65 Mldvale Steel. Ord 30T4 304 Preased Stl. Car Co Rep. Iron. Stl. Co. 6'. 66 , Ry. Steel Spring. 88 88 Sloss-Shef. Sll, Iron 44'4 42 Vtd State Steel... 81 4 814 COPPERS. Anaconda Cop Mln 37 Am. Sm.. Rfg. Co. 40,'i 39" Chile Copper Co.. 104 9t Chinn Copper Co.. 214 21 U Inspir. Cons. Cop. 33 i, 33 Kennecott Copper. n 17 Miami Copper Co.; 18 17 4 Nov. Cons. Cop Co Ray Cons. Cop Co. 12 4 1'4 Utah Copper Co.. 50 48 4 INDUSTRIALS. Am. Boot Sug. Co. 44 Atl., O. & W. I. S. S. 41 Am. Inter. Corp.. 44 4 Am. Sum. Tob. Co. S4 Am. Cot. Oil Co. 214 A. T. & T. A. 7... L & S. ... Brook. Rap. T. . . Beth. Motors .... Am. Can Co Chond. Mot. Co. .. Cen Lea. Co. . . . Cuba Cnne S. Co. Cat. Packing C. ,. Cal. Pot. Corp. . . Corn P. Rf. Co. . Nat. E. & Stp. . . Flsk Rub. Co Oen, Elec. Co. Gas. W. & Wig. lien. Jmt. t-o. . . . Goodrich Co A. ' H. & Lthr. Co. U. S. Ind. 'A!. Co. Interns t Nickel . Inter. Paper Co. . AJax Rub. Co. ... Ktliy-S. Tire Key. T. fc Rub. .. Inter. M. Mar. Maxwell Motor Co. 102 2S4 72 384 23 4 61 4 384k . 714 . 574 . 141 .133 4 . 134 374 9 43 4 38 4i 43 4 8 4 4 214 1014 102 8 Sfc 1224 34 t 854 30 , 89 67 4 92S 29 65 304 '664 88 ! . 8114 374 40 10 214 33 17 174 . ' i 1 4 483i 434 41 44 844 21 ' 2 4 28 4 70 4 38 4 22 4 ill 38 4 71 67 144 133 2 13 , 37 9 .15" 63 4 28 4. .".94 24 28 4 714 38 4 22 4 61 36 4 71 57 144 133 2 134 37 9 15 64 4 284 39 4 154-164' 13 '144 h 6 36H 86 28i 57 29 4 92 30 55 304 89 '.', 66 89 45 8I? 38 '40 4 31 214 33 4 17 . 18; 10i 12 4 49 4 44 ' 40 44'j, sr. 214 1014 ' 1214 2 4 29 71 S8H 23 la 614 384 711 58 4 144 133 4 24 J3 4 374 9 884 , 154 '54 4 29 39 15 144 Omaha Grain j Chicago Grain Bonds and Notes 15 65 28 40 4 U 144 f, Mex. Petroleum. .1574 15414 1564 1564i Middle States Oil 134 12 124 13 4 j-ure uit fo a;? Willys-Overland Co 7 4 Pierce Oil Corp... 10 Pan-Am Pet. Trans 744 Pterce-Arrow 31. t. 26 4 Royal Dutch Co.. 60 4 Am. Sug. Rfg. Co. 91 i Sinclair Oil & Rfg. 23 Sears-Roebuck Co. 7S4 Stromsberg Carp.. 3214 Studebaker Coni.'. 604 Tob. Pdcts. Co. . . 53 4 Trans-Conti'tal Oil 84 Texas Co V. 8. Food Pr Corp 224 V. S. Sm., Rfg.'M'O. 304 White Motor Co... 39'i West'gh'so Alrb'ke. ..... Western Union West'gh'so El, Mfg 474 Am. Woolen Co... 64 Total ahares sold, 498,900. Money Close. 7 per cent; close, y per oeni. Marks Close, .0161; Monday' Sterling Close, $3,87 4: Monday' closts 13.914. 324 7-4 0'i 73 4 25 60 89 224 774 32 59 4 62 4 8 '2Y " 30 4 38 i 464 63 4 82' 7 104 74 4 254 60 4 90 22 ' 78 32 60 -63 f 8 4 '22" 304 38 4 644 33 7 4 '744 2i 601, 914 22 T : 78 3 3 ',4 594 63 4 ,.,84 414 224 39 9',t 86 47 64 4 Monday' close, Bonds. The following quotations are furnished by Logan d- Bryr.n, Peter Trust building: Am. Smtt. & Rfe. 6s 774 774 Am. Tel. Col. 6s. 1946 81 81 H Armour 44s, 1939 784 794 B. & O. Ret.- 6s. 1095 6S4IS) 6S4 B. & O. Cvt. 44f, 1933 68 6814 Cal. Gas IJni. :,a, 1937 844 85 C. M. & St. P. Gon 4 4s, 1932 67 4 66 4 c, .M. & Nt. p. lien & Ker. 44s, 2014 C, R. I. P. Ref. 4s. 1934... P. & R. G. Col. 4s. 1936 Ot. Nor. 44. 1961 III. Central Joint 5s. 1933 Mo; Pac. Ref. 5s, 1923 Mo. Pac. Ref. 5 ,1920 Mo. Pac. Gen. 6s. 1975 Rio Grande W. 1st 4s, 1939.. St. U S. F. Gen. Cs. 1927.. St. L. & S. F. I... 4s, 1950 St. L & S F AdJ 6s, 1955.. St. L. S. F. Inc. 6s. I960 S. T. & S. W. Inter, 5s, 1953.. W. U. Tel. Col. Tr. 6s, 1938.. Wilson Cs, 1941 ? K. C. Sou. 6s, 1059 C. G. W. 4s, 1959 Sea Bal 4s. 1983 Colo. Southern 4 4s, 1935.... C. & O. 5s I. R. T. 5s Hud. & Man. Ref. 6s March 8. 1921. Wheat 'and corn receipts today were moderate and oats light, wheat constituting the bulk of the arrivals. Wheat trading was slow, with top grades 2 to 3 cents lower. Corn ranged unchanged to 1 cent off, gen erally 'i to 1 cent lower. Oats, rye and barley were not much changed. The government report on farm reserves of grain will be issued to day. It is expected bearish by thfi trade. The percentage of merchant able corn raised in 1920 will also be given. With exception of rain in Illinois tonight, the weather is fore casted mostly from the lakes to the Rockies during the next 24 hours. Colder weather in the northern lake region only will follo'w the disturb ance, but the cold wave will be of short duration. WHEAT. jio. 1 hard: 2 cars, $1.59 1 -ar, $1.66 (smutty). 3 cars, $1.58; 2 cars, $1.60 No. 3 hard; 3 cars. $1.67 (smutty). .... No. 3 hard: 1 car. $1.56. No. 4 hard: 2 cars. $1.51; 3 cars, $1.46 (smutty): 1 car, $1.47 (smutty), i No. 6 hard: 1 rait 81.60; 2 cars. $1.49. No. 6 spring: 1 car. $1.32 (dark, north ern). Sample spring: 1 car. $1.25 (dark); 3 cars, $l.JO (dark, northern); 1 car, $1.20. No. 3 mixed: 1 car, $1.60. CORN No. 3 white: 2 curs. 66c; 1 car, 55?ic; 1 ar, 554c. No. 4 white: 1 car. 644c; 1 car, 54c. No. 3 yellow. 4 cars. 654c, 2 cars, 65c No. 4 xellow: li enrs. 64c; 1 car, 53 4c (loaded out). No. 5 yellow: 1 car, 53c. No. 8 mixed: 1 car, 654c (noar white): 1 car. 65c (noar while); 9 2-6 cars. 644c; 7 cars, 54c. No. 4 mixed: 4 carB, 634c (shippers' weight); 1 car, cf.3. j OATS. No. 2 white: 1 car, 43c. No. 8 while: 3 cars, 42 4c. Sample white: 1 cor. 414c RYE. 2: 1 car, $1 40; 3-6 car, $1.38. 3: 3-6 car, $1,87. BARLEY. 4: 1 car, 65c: 2-5 car, 68c. Rejected: 1 car. 63c. OMAHA RECEIPTS AND SHIPMENTS. No. No. No. Receipts Wheat Corn , Oats Rye Barley Shipments Wheat Corn . ., Oats Rye Barley Today Wk. ago Yr. ago 61 41 . 8 4 3 67 67 8 3 1 28 51 3 3 1 29 89 12 0 0 491.000 852,0011 .481,000 276,000 34X.0OO 429,000 PRIMARY RECEIPTS AND SHIPMENTS. Receipts y . Today Yr. Ago Wheat 835,000 Corn ., .2,001,000 Oats 720,000 Shipments Wheat 529,000 Corn 770,000 Oats 304,000 CHICAGO CAR LOT RECEIPTS. Today Wk. ago Yr. ago Wheat 65 76 13 Corn 681 825 209 Oats 164 212 76 KANSAS CITY CAR LOT RECEIPTS. Today Wk. ago Yr. ago 165 201 135 67 58 45 8 5 7 LOUIS CAR LOT RECEIPTS. Today Wk. ago Yr. ago '. 101 95 35 137 163 94 '. . 68 42 49 NORTHWESTERN CAR LOT RECEIPTS OF WHEAT. Today WIr. ago Yr. ago Minneapolis 222 139 133 Ouluth 82 81 ' 1 Winnipeg 686 670 193 Wheat Corn . Oats . ST, Wheat Corn Oats CHICAGO CLOSING PRICES. By Updike Grain Co.. Doug. 2627. Mar 8. By CHARLES D. MICHAELS. Chicago Tribune-Omaha Bee leased Wire. Chicago, March 8. Bearish con ditions dominated the grain markets, with trading light and mostly local, and made a lower range of prices. The close, while not at the lowest, was unchanged to lj.tc on wheat, corn Vzc lower, oats, J-8c; rye, ltTand barley !4c. The political situation in Europe was not the factor that the trade expected on Monday, although it created nervousness. The trade looked for a bearish government re port on farm reserves, due after the close of trading and had their belief more than confirmed by the showing, which depressed prices sharply. A feature in the trading was the heavy selling of March wheat by the Arm our interest, openly and through brokers. At the same time they bought May at 9 down to 8c differ ence. They were also buying May straight in addition to the changing. Break In March. "March was down to $1,664. a break of 3c from the high point, which was 14c ahov the previous day's close, while the finish was at $1,664 to $1.66. Mity broke 2c after a Imlge of 14c. with1 the low $1,634, and the close at $1.69 to $1,694 Corn was largely a local affair, with price chaiiRCM confined to a range of leps than 1c. with the finish at practically tho bottom at 704704c for May, Th-re Was no particular individuality to the trading, a:itde from a few local profe- sionals, wh) were mainly on the selling I side. Elevntor and Industrial Interests I took the cash corn with No. 6 selling at i 9iiff9Hc under May. Consignment no tices continue In liberal volume. Receipts 636 cars. A limited husinesa was on in oats, with soiling largely bv local commission houses and the buying scattered. The principal weakness enme at the last, when prices declined agC. and closed easy to 4c over the low point, with May 4c lower at the close. Shipping sales were 86,000 bushels. Rye was bought largely en New York orders and considerable waa given up on orders from seaboard and ex changed for the cash grain. Cash lots -fi-d 3c over the May on track. Spot barley was weak and 2 3c lower, rtt Notes. Tho late rally from the low point was on buying Induced by shorts on Rus sell's report of 600,010 bushels wheat sold for export at the seaboard and gulf. In the cash wheat market here, there wa a firmer to-ne, with wlntera unchanged to lc, higher. Receipts. 39 cars. Local sale were only 12,000 bushels. Flour prices were off 10c with the trade slow. Crop news on the whole was favorable. Green bug damage in tho southwest is light. Rains fell over the greater part of the winter wheat country, with snow at Dodge , Ctty, Kan., with colder weather In Nebras ka snd the northwest. The movement con tinues liberal and largely tn excess ot last vear. Omaha had 20 cars of so-called "limed wheat," due to the removal of smut, whiclfhas not been sold for two days. ! Export" sales of wheat via the gulf ( wore reported at 500,000. No business Is being done with Germany on account of the political situation, and London cables I said business with the continent was re stricted also. Argentine wheat waa fig ured at l24o higher, o. I. f.. European pons. Winn aiiiui ..Mi. nuin n.i.i. ' I the gulf. Sales of corn to the seaboard ' for export were 20O,0()O bushels. Domestic shipping snles aggregated 12,000 bushels, com 43,000, and oats 86, 00 bushels. Milling demand for cash wheat here and at Kansas Jty was fairly good, with premiums in winter unchanged to lc higher, with No. 1 red selling at 10c over March. No. 1 hard wa 66c over and dark No. 1 northern spring. 6llc over Rerelpts. 39 curs. Omaha offered No. 2 hard, track Chicago at 14c over March. Hard winter at Kansas City was l3c lower hnt offerings were well taken at tho decline. Red thero was 2c lower. SI. Louis-was unchanged and Omaha 2c lower. The following quotatlone furnished by Art. I Open. I High. I Low. I Close. I Yep'dy 604 634 67 674 634 63 81 -It 82 84 V, S' 844 894 904 83 84 6340 54 63 63 4 S8 0 89 604 61 64 4 65 46 (01 464 6440 65 84 i 85 884 89 4 744 744 51 H 614, 374 33 73S(S 74 834 124 624 62i 65 654 New York Bond. The following quotations are furnished oy Logan & Bryan. Peters Trust minding: Wb't Mar. 1.674 1.684 1-654 1.664 1.67", May 1.69 I.6O4I 1.584 1-694 1.694 Rye May 1.44' 1.46 1.434 143 1.44'-. July 1.27 1.274 1-26 1.24 1.J7 Corn May .704 .fl .70S .704 .71 July .73 .734 .724 .724 .73'., Oats May .46 .454 .454 .46 .45f-; July .46 .464 464 .4(14 .46 Pork May 21.90 21.90 21.85 21.90 21.86 Lard May 12.22 12.30 12.20 15.22 12.22 July 12.62 13.62 12.60 12.62 12.60 Ribs May 11.72 11.76 11.72 11.76 11.77 July 12.12 12.12 12.10 12.10 12.13 American T. & T. Co. 6s. 1922 964 American T. & T. Co. 6s, 1924 964 Anaconda 7s. 1929 93 Armour is, 1930 90 Belgian Oovernment 8s, 1941 97 4 Belgian Government 74s. 1945 .964 Hethlehem Steel 7s. 19;! .... 99 Bethlehem Steel 7s, 1923 97 4 British 644. 1922 96 British 54s. 1029 884 British 6V..S, 1937 85, B. & tj. Jt. 4s, 1 921 .... 97 4 O. C. ('. & St. L. 6, 1929 .... 89 Christiana Sn. 1946 954 Cudnhy Packing Co. 7s. 1923 .. 984 Denmark 8s, 1945 964 French Oovernfhent 8s, 1915 .. 974 P. V. Goodrich 7s. 1925 90 4 Japanese Oov. 1st 44s, 1923 82 'j Japanese Gov. 4s. 1931 64 Morris ft Co. 74s, 1930 9s, Norwal 8s. 1940 99 4 Northwestern B. T. Co. 7s. 1941 96 N. Y. Central 7s. 1930 101 Pennsylvania R. R. Co. 7 1930 1024 Southwestern B. T. Co. 7s, 1925 96 4 Swedish Government 6s. 1939 ..80 Swift & Co. 7s. 1925 96 Swiss Government 8s, 1940 ...1"2 4 T. S. Rubber 7 4s. 1930 994 WoHtinghouse Elec 7s. 1631 ., 99 7.70 7.60 8.00 7.47 8.25 7.83 7.70 8.30 8.25 7.21 9.98 8 .40 7.87 8.4.' 7.80 8.32 6.24 10.03 9.90 9.55 7.73 8.12 7.80 6.85 6.75 8.03 8.10 7.88 7.75 7.60 7.12 Forelsn Exchange Rate. following are today's rates of exchange ss compared with the psr valuation. Fur nished by the Peters National Honk. 1 ar ai. -lomty Austria Belgium Cr-echo-Slovakia Denmark England France Germany Greece Italy Jugo-Sla'vla .... Norway ......... Poland Sweden ........ Swllserland .30 . .195 1 .27 .4.86 . .198 . .238 . .195 . .195 .195 .002,1 .0752 .0135 .1660 3.R9 ,07?0 .0660 .0762 .073H .0011 .1685 .0014 .2245 -1683 Chicago Slocks. The following quotations are furnished by Logan & Bryan: Armour & Co. pfd. 92 4 93 Armour Leather Co. common liHot 12 Armour Leather Co. pfd.. Cudahy Pkg. Co. Com Continental Motors Lihby, McNeil ft Libby. . Montgomery Ward National Leather , Reo Motor (?ar Swift & Co. Swift Inter Union Carbide A Carbon. 86 58 3 85 f, .68 i 68 . 114 10 . is m is . Si 8!, . 22 4 22 4 .1O440.1M . 264 fti 264 . 63 4 6' 64 Chicago Produee. March 8. Butter resettled; extrff. 484$49c; standards, Chicago, creamery 47c. Kggs Lower; receipt. i8,967 cases; firsts, J14i932c; ordinary firsts. 294 304e; at mark, cases Included, IQ314c Poultry Alive, higher; fowls, 32c; springs, 33c. Kansas City lly. Kansas City, Mo., March 8. Hay Steady to $1, higher; choir alfalfa, $22.0 23.00. Atchison Gen. 4a B. O. Gold 4s Beth. Steel Ref. Fs 0., B. & Q. Jt. 4s 1. C. M. & St. P. Gen. 44s.'. C. & N. W. Gen. 4s L. & N. U. 4s New Tork Ry. 4s Nor. Pac. P. L. 4s... Roadfng -Gen. 4s V. P. lat 4s U. S. Steel 6s IT. P. 1st- Ref. S. P. Cv. 6s..'. S. P. Cv. 4S 7. Penn. Con. 4 4s.... Penn. Gen. 4 4s.... C. & O, Con. r.s.... Ore. 8. L. Ref. 4s.. 4s... 77H IS 771 67i 68 4 82 it 824 974l 98 674 684 744 -75 81 814 .18 25 754 41) 68 814(8 824 804 80 944 95 76 IB) 79 44 .64 71 72 88 ? 884 74 79 824i 824 78 4 794 New York Curb Storks. " 9 Allied Oil 10 0 11 , Boston Montana 63 (ffi 65 Boston Wyoming 15-16 1 Cresson Gold 1 (51 Cosden Oil 64 Consolidated Cdpper , 1 i l Elk Basin .i 84 Federal Oil 1 4 W Olenroclf Oil 1 island on 33 i) Merelt Oil 12 124 Midwest Refining Co 134tr!394 Miver King or Arizona .. Sapulpa Oil Slmms Petroleum Tonopah Divide V. S. steamship V. S. Betall Candy .y . , . . White OH .v Bid. 1 y Minneapolis Grain. Minneapolis, Minn., March 8. Flour Unchanged to 30c lower. In carload lots, family patents quoted at $ 9.30 9.3 5 per bbl. in 98-lb. cotton sacks. Bran $23.00. , St. Louis Grain. St. iloul. March 8. Wheat March, $1.65;: May, $1,604. Corn May, 70 4c; July, 73 4c Oats May, 44c; July. 474c. ' Kansas City Grain. 1 Kansas City, Mo., March 8. Close: Wheat March, $1.66; May, $1.62 i. Corn May, 634c; July, 4644c; Septem ber, 484c. - Kew York General. Now York, March 8. Wheat Spot, mar ket easy; No. 2 bard, $1.88 and No. 1 Manitoba, $1.94, c. I. f track New York, and No. 2 mixed durum, $1.77, c. 1. f. to arrive. Corn 4ipot, murket easy; No. 2 yellow, $74c; Mo. 2 white, S8c; No. 2 mixed, 87c. o. I. f. New York 10 day' ship- 'rnent. Oats Spot, markot easy; No. 1 white, 56 4c. Other articles unchanged. Careful Investors seeking absolute safety and maximum interest return are buying 'Securities Building' "The Million Dollar Corner" FIRST MORTGAGE 2a YEAR COUPON BONDS (pkcferv-EiGm On Exhibit at the AUTOMOBILE SHOW Next Week TRAY NOR AUTOMOBILE CO. Retail Distributors 2210 Karna.n St. Phone Douglas 5268 Cote Moroe 0b ombwvJiaaou. US A 26 Per Cent of the 1920 Wheat Crop On Hand March 1 Total of 207,591,000 Bushels in Storage, Compared to 164,621,000 Bushels a Year Ago. Washington. March 8. Vhfat held on farms March 1 was about 207,591, 000 bushels or 26.4 prr cent of the 120 crop, compared with 164,624.000 btishrls, or 17.6 per cent of the 1919 crop held a year ago, the Pepatfment of Agriculture an nounced today. Corn held on farms was about 1,572,39700 bushels, or 48.6 per cent of the 1920 crop, compared with 1.070,677.000 bushels or 37.5 per cent of the 1919 crop so held a vear ago. About 87.0 per cent, or 2.8U. 266,000 bushels of the 1920 crop is merchantable, compared with 87 per rent, or 2,486,296,000 bushels of the 1919 crop. Oats held on farms was about 689,566,000 bushels, or 45.2 per cent of the 1920 crop, compared with, 418,983,000 bushels, or 34.0 per cent of the 1919 crop so held a year ago. Barlev held on farm was about ' 69,836,000 bushels, or 34.6 per cent of the 1920 crop, compared with 36.848,000 bushels, or 22.8 per cent of the 1919 crop so held a year ago. - Stocks of wheat on farms by principal producing states follow; Illinois. K.S47. ond hushels. Minnesota, ln.idl.noo hushels. Missouri, 7,o3,000 hushels. s North Dakota. 17.7S4.000 hushels. South Dakota. 7.369,000 hushels, , , Nebraska. IK.dSli 000 bushel. Oklahoma. lO.IW.OOn hushsl. Kansas, 41,117.000 hushels. -, Stocks of corn by -principal producln states: 1 ' Ohio. 74,6,000 bushels. , Indiana, 93.S77.000 hushla. . -" Illinois. 141.201.000 bushel. Minnesota, 4. 431,000 bushels. , Iowa. 265.82.O0O bushel. Missouri, 83,474,000 bushel. Nebraska, ISO SSI.OOO bushel. Texs, 69,680,000 bushel. w York Pry Good. New Tork March . Coton (rood mar. kets and cotton yarns showed little Im provement today. Movement on paat or ders continued rl"sdllv, Staple er dress oods were hfluaht freely. Canton silk copes sold well and a better demand 'Hi reported for s.illns. Burlaps were cafiler. fiiirnco Potatoes. Chicago. .Mnrcn S. Potatoes Higher, ,, receipts. 63 cars; northern white, sacked, $1. $6(1. 35 ct.; bulk. $1.30C1.4O cwt. Economize by having BOWEN'S Repair Dept. renew, repair or reuphol ster those pieces now laid aside and useless AVe can renew them all to give, years of added service.' As a reminder for t Spring Housecleaning we clean, remake, relav' rugs and carpets as also we do all kinds of repair ing and remaking of drap eries and window shades.' Call Tyler , 3400 Bowen's Repair Department and we will be at your service. Howard, Between 15th and 16th. American Sumatra Tobacco Dividend rate 10 yield over 11 Buying and Selling Sugges tion in Stock Market Opportunities Write for O B-6 Shemy&iltfand 198 Broadway New Y3TK Let Us PRICED TO YIELD 1-16 6 1 : 10 W 20 42 & 4S , 7Vi .... i m i'A 9 ' SH, 1311 .... Liberty 9nil Prices. New Tork. March 8 Prices of Liberty bonds at noon wb- .lUs. fln.go- firs i. S7.00 bid; second 4s. $6.96; first r, $7.02: second 4is. 6.!I0. third .-. so..-, fourth 4'is. $7.12; Viciorv :ti. 67 tii; Victory 44s. 97.H. Liberty bonds rlofo- n'.s dn.72: first 4s. SO. 96: first MVi. 1?no: I "in, Afi.SS; third 4H". fo.,lti; fourth 44s. R7.06; Victory Sfcl, 97.60; Victory 97.48. New York Produce. I New Tork, March 8. Butter Weaker; I creamery,- hlirher tr.an extras, 62$62H?: I creamery extras, ulflilc; creamery ! firsts, 47S0tc. ! Ekks Unsettled; fresh gathered exlni firsts, 3tt36c; fresh gathered firsts, 33f35c. . Cheese Firm: unchanged. Live Poultry Steady; turkeys, 40JHSc. Dressed Poultry Klrm and unchanged. New York Dried Fruit. New York. March $. Apples Evapor ated, market steady, . Prune nnd Apricots Moderately ctlv. Pesches Dull. Kasins FlrnL London Money. London, March 8. Bar Silver StUd per ounce. Money SVi per cent. Discount Kates Short hills, 7 per cent; three months' hills. 6Mi&ti 11-14 per cent liudcn Metals. . London, March K, Standard ropier, f'i;, $s, 6d: elecirolyclc, 71; tin, fill; lead, 1$; xlnc, 126, is. TAX FREE In Nebraska These ifonds dated Febt. 1st, 1921, mature Aug. 1st, 1923, are issued in denominations of $100, $250, $500 and $1000. Interest will be paid QUARTERLY at the Pioneer State Bank LIMITED SALE CALL FOR PARTICULARS DEAL DIRECT WITH OWNERS Hftndle your grain shipment te the Omaha, Chicago, Milwaukee, Kuuu City, Sioux City, or any other markets. We Specialize la the careful handling of all order for grab and proTiuon for future delhrery. We Operate Offices at Omaha, Neb.; Lincoln, Neb.; Hast, ings, Neb.; Chicago, III Sioux City, la.; Holdrege, Neb.; Genera, Neb.; Des Moines, la.; Milwaukee, Wis.; Hamburg, la.; Kansas City, Missouri. ' We Have Guaranty Securities Co. AND Pioneer State Bank Fmrnam St ft Entrance Stcurititt i Building OMAHA, NEBRASKA sin 1 r ' rfaizssaat Up-to-date Terminal Elevators in the Omaha and Milwaukee Markets with the latest facili ties for handling your shipments. Grain Co. The Reliable Consignment House" ' Omaha, Nebraska Updike ' 1