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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (March 13, 1921)
THE BEE: OMAHA. SUNDAY, MARCH- 13. 1921. 9 A V!' i i Live Stock Oman a. March 13. Hsoelpta were: Official Monday .... "friclai Tuesday . . . Official Wednesday, Official Thursday... official rnttoy Ratlmate haturday . Six days this weak. Kama days laat week Hma 1 wtiki ago.. Kn.ru i weeks ago., Cam da) a J ear ago tattle JO 9.317 6.116 67 ,27 2!5 I7.l it 012 27,7S !:,T!4 JO. 648 Hon Htieep 1J.84J 4.K17 s.OM .H. mo 64,943 4H, 66.411 44.8H1 43,773 H.747 n 74 i.l. 7. till) 76.-:i ;Mt 1.75 K0.7I7 63,863 Rnrelpts and dlaposltlnn of live stock -t I'nlon Ktoek Tarda. Omaha. Neb., for 21 hours ending at i o'clock p. m., March VI. Ml. RECEIPTS CARS. Horm I Catlla Hoga Sheep Mules .Missouri l'acirto ... i M'ulnn Pari do . .' , : '. & N. W..' rsst. .. 1 ('. A N. AV,. !., 62 1 1 . I'., St. P., M. A 0 17 X f i'.. H. A Q.. eaat 3 ... I :., B. VI . vest. . . 3 10 , :., n. I. A P., eaat ... 4 '.. U. 1. & P., wtat. ... 1 - Illinois Central 1 Total celpta ... n 117 : DISPOSITION' HEAD. t',,l Ho Morns A Co 3J .Swift V Co 1610 t'udahy Packing Co... ... 1020 Armojir A CJo 1S40 Srhwarti A Co. S33 r. W. Murphy 1 82s Ubld Packing Co 152S 1 Bhocp Total Cattle Mont of the packers wanted a fw rattle t bis morning and as only about ilCS head were on sale they moved readily at good, ateady prices. Compared with a week ago, cattle of all clauses are sell ing 36 0400 and In extremes 60c higher. In spite of the fact that this week's run of 37,600 head la the largest since Janu ary. Quality has been good. Best nteern Knld up to 110 no tf I H. 10. yearlings reached 310.00, cons brought as high as 87.75, ' heifers 38.50 and choice feeder? $1.23. Quotations on Cattle Oood to choice beeves. 9. 40 a 10.00; Fair to good beeves, $H.50 1.26; Common to fair beeves, $7.73 Ki l.tO; Good to t holes yearling. $9 00-flf) lOPOrPair to good yearlings, 3fl.2utfr9.00: iminon to fair yearlings, $7.6(&K.26: ' lulro to prims heifers, 17. 738. 26; Good t. choice heifers. .60tj 7.S0; Choice to prime cows, $7. 28(97.76; Oood to choice cows. 15.506.26; Common to fair cows, 33.006.00; Oood to choice feedera, 18.75 .6(T; Valr to good feeders. $8.26(8.75; Common to fair feeders, I7.60(M.!6; Oood to choice storkers. f8.S0gps.00: Fair to Bood Mockers, 37.76i98.60; Common to fair blockers, $7.2507.75; Stock hilfers, $5.50 7.26; Stock rows, $5.00(?6.00; Stock calves. H. 00178. 00; Veal calves. $8.00' 9.511; Kully. slags etc.. $4.t5$7.00. Hogs The weeli Is closing with a fairly liberal run of hogs, about 7.100 head show ing up. Shippers provided a fair outlet for light and light bmcher hogs on the early trade at prices about steady and packer put up their mixed droves on a steady to strong baia, with the general market quoted steady to about a dime hluher. Best light hogs brought $10.40, the day's top, and bulk of the rectipta sold from $9.66 10.13. Although packing demand has been rather backward oit most days this week, shippers hsvlng been buying freely and prices show a little Improvement over a week ago. The advance since last Satur day amounts to 30JJ40C. HOGS. No. Av. Sh. Pr. No. Av. Sh. Pr. 46. .401 110 9 00 37. .380 70 9 40 6..308 350 9 50 63. .287 .. 9 63 S3. .383 ... 9 60 71..283 ... 9 63 26. .307 .. 9 70 36. .268 ... 9 73 "..263 ... 9 80 67. .239 40 9 83 70..!ii ... 9 90 68. .260 ... 9 95 7. .248 ... 10 00 39. .240 ... 10 10 40. .213 ... 40 13 43. .303 ... 10 20 76. .193 ... 10 13 11. .216 40 10 30 09. .213 ... 10 33 59. .186 ... 10 40 Sheep Only load or two of lambs were included In the live stock receipts this morning and trade was nominally steady. Wlfh th exception of a lower market Monday and Friday fat lamb prices have hten working higher and ars closing at an advance of abont 7uo over a week ago. (lood light lambs ars now selling up to $10.26. Fat sheep have been resatively scares and ars mostly a half dollar higher for tlx week. Good ewes have been bringing $5.7306.00, wethers and ..yearlings continue scarce. A few aVarere and feeders are going to the faun try. but the movement ! relatively .-..hall. Quotations on sheep: Best fat lambs, $10,006)10.23; medium to good lambs, 39.259.75; plain and heavy lambs, $8.73 r.!5: shorn lambs, $8.009.OO; yearlings $7.o08.S5; aged wethers, $6.006.7o; goo to choice ewes, $5,604(6.00: fair to good ewes, $5.0005.50; cull and feeder evjes, 32.00S3.25; shearing lambs. $8.258,7S. Chicago Uts Stock. Chicago, March 13. (U. S. Bureau of Markets) Cattle Receipts, 1.000 head; compared with week ago, bee steers, she Btoclt and calves generally steady: bulls steady to !5c lower; stoekers and feeders fully $6 higher. Hogs Receipts. 7,000 . head; active: lights, Uifflac loweri others generally 10 15e higher than yesterdsy's average; spots up more; closing strong: top, $11.40; bulk 200 pounds down $11.00911.33; bull '.'30 pounds up. $10.0010.76 pigs, 2640o iSwer: bulk desirable 80 to 120 pounds. "$10.50010.75; choice strong weights, $11.00. Sheep Receipts. S.000 head; receipts to day nearly all packers direct; compared week ago fat lambs, yearlings and wethers mostly 50c higher: few spots up more; fat evves mostly steady. 'Kansas City Lite Stock. Kansas City, Mo.. March 12. Cattle llacelpts. 150 head. For week: Beef steers steady to 26o higher; better grades she stock steady to strong: others and canne-s, zbc lower; bulls steady; calves mostly 1.60 lower: packers and feeders -mostly steady to 23c lower top cows and heifers steady to 25c higher; stock Calves 60c to $1 lower. . Hogs Receipts. 1.000 head. Strong, fully steady with yesterday's general average; one- load choice lights to shippers $10.90; bulk of sales, $10.00 10.80. Sheep1 Receipts, none. For week; Fat lambs. 3550c higher; sheep and year lings, steady to 2 So lower. St. Joseph Live Stoch. St. Josephi. Mo., March 13. Cattle Re ceipts, 100 head; market nominal; steers, $7 0oei0.25; cons and heifers, 3.50 3.60: calves. $6.00 10.00. ' Unas Receipts. J.uuo neau: maract v .-,. 'idy to 10c higher; top, $10.75; bulk of ; . f salVs, $ ID. 00 10.70. i- Sheep and Lamb Receipts. 100 head: market nominal; lambs, $9.75010.60; ewes. $5.256.25. . Omaha Hay Market. Receipts f prairie hay light and de mand good on better grades, which has caused the better grades to advance. Alfalfa receipts heavy while the demand Is quiet causing prices" so decline. Lower grades of sifalfa are slow ssles. Oat and wheat straw steady. - No. 1 Upland Prairie Hay, 1 1.50 1 3.B0. No, 1 17pland Prnlrio Hay, $3.006 11.00. No. I fpland Prairie Hay, $7.08.6O. No. 1 Mldeand Prairie Hay. $10.5011.50. No. 3 Midland Prairie Hay. $8.6010.60. No. 1 Lowland Prairie Hay, $8.009.00. No. S Lowland Prairl Hay. $7.00 3.00. Choice Alfalfa, $20.00 21.00. No. 1 Alfalfa. $17.00019.00. standard Alfalfa. $11.00010.00. No. 2 Alfalfa, S. 66ft 10.00. No. 3 Alfalfa, $7.0Ot.0O. Oat Straw. $8.00fi)1.0D. Wheat Straw. $7.0ff.OO. ' " Jiew Vork Money. New Tor. March 1!. Prime Mercantile " JPaper 747H per cent. Exchange irregular. Sterling Demand, 3.89;,; cables. 3.90H. Francs Demand. 7.08 1 cables, 7.10. Belgian Francs DemAnd, 7.40; cables, 7.43. -v Guilders Demand, 34.23; cables, 34.35. . I Ire Demand. 3.68: cables. 8.70. irks Demand, l.ts: cables, 1.51. eece Demand, 7.(1. tentlne Demand, 84 t0. t lllan Demand, 14.73. (treel 13 9-16 per cent discount. V w York Genera!. ork. March 1 a. Flour Steady: Wtenli and Kansas straights, VSpot, steady; No. 1 hard. $1.83: Vlltoba. $1.91 c. I. f. track. New 1 mixed durum, 1.73 c. L f. steady: No. I i-ellow. 8o; .No. 3,1 4c and No. 3 mixed. $3H . f. V Tork,. 10-day shipment. Pat-. t. steady; No. 1 while, l$c. uiner. cies uncnanged. ' Yerk Dry Goods. Ne'Tork, March 12. Cotton goods 1 market was quiet today. Finished goods . rsaroy osnrery were Tlrm; gray goods leased In some Ouarttrs without attract lh business and Woolen goods made progress lor tne isii season, rail cotton ttnder wear will be opened heat week. Silk was steady ana punaps unsettled. I Tarpentlne and Rosin. Savannah, Oa., March 11. Turpentine Dull, I4VC; n sales; receipts, 83 bbls. shipments. 655 bbls; stork, 11.103 bbls. Rosin Quiet: no sales; receipts. 158 casks; shipments, 733 casks; stock, 74. 4y caaxs. Quote: B. D, E, a,TW, I, K, M, N, AVO, WW, $11.00. . N Market, Financial" and Industrial News of the Day Financial By ALEXANDER DANA NOYES Chicago Xiibuae-Omaha Uee Leased H ire. New York, March L?. An early further decline in prices on the stock exchange todav was tolloweu by liarp recovery which left the market with net advances lor the day run ning above 1 point in many stocks, both railway and industrial. The first hour of business brought Active selling, apparently by professional speculators, of a few industrial share and in these stocks declines of 2 'to 3 points occured. But the railway etocks held firm with the single exception of Reading and this, absence of the previous day's pres sure of sales caused a change in the market as a whole, before the close. Few- of the active shares failed to close at better prices than the'day before. t It was a market without news to influence it and wafuauifestly gov erned" by the repurchases of stocks sold for the decline in the two prrj ceding dayt of rapidly falling prices. Such a halt is not at all uncommon at the end of a week. It indicates at least that speculative selling was the dominating influence in the de cline of Friday and Thursday. t Sew low Records. Measured by today's closing prices, de clines for the week havo, on the whole, been more severe ' and general than in any week of tho present year to date and the majority of active slocks, though not by r.ny means all of them, havo touched the year's low prices.,, Apparently preparations fo- tho largo Income and profits tax payments of next week were reflected In the federal re serve statemcntsjktubllshed as usual after the close uf the markets. Redlucounted bills lnoressed $26,900,000 In tho entlro system, but the increase at the New York Reserve bank alone was $29,300,000 and the $22,000,000 Increase In reserves held for private banks waa similarly all ac counted for by the New York account. The addition of $20,900,000 to their re serve )n- the federal bank by the Now YorktClty clearing house Institutions, along 'with a decrease of $62,300,000 In the loans of those Institutions, partly as a result of the stock exchange liquida tion, brought the surplus reserve of the associated banks to the highest figure since the first week of last October. , Increase In Ret, err e Rates. "With the week's expansion In redis counts and deposit liabilities, the federal reserve system could naturally show no such Improvement of position as had marked most of Its weekly reports this Star. Tho reserve ratio, nevertheless, in creased from 50.8 per cent to 60.9, which compares with 42' per cent a year ago and with 46H per cent at tho end , of 1920, whereas the reserve rstlo of this date last year was SH per cent below the previous December's final figure and nearly 9 per ctnt under that of a year before. This gives a plain view of the present season's real strengthening in position of the Central reserve. The notable allow ing of the reserve statement, however, waa in 'the account of note circulation, which decreased $36,771,000. the largest reduction since the third week of Janu ary. Since the beginning of the year out standing notes have now decreased $328, 800,000, or very nearly 10 per cent. In the corresponding period of 1920 their net Increase had been $10,000,000. New York Quotations Ttinr of nrlcea of the lesdlna stocks furnished by Logan A Bryan, Peters 'trust building;. KAILS. Friday High Low Close Close A. i T. A S. F 791, -774 79i 784 ; Baltimore & Ohio 31 k 30 31 30 Canadian Pacific ..112 110', 112 110' N. Y. Central 67 H 66 67 6t', Ches. & Ohio 6 66 H 56 Si 66 Brie R R 13 Us H H6 flt. Northern, pfd. 71 H 70 71 H 70 Chi. Gt. Western. f 7 ij 7H 7H 7i Illinois Central ... 85H 83i, 85V4 86 - Mo.. Kan. & Tex... 2H . z v 2 Kan. City Southern 2!i 21 H 1214 21 Missouri Pacific .. I61i 1' 16i 16 N. Y.. N. H. A. H. . 174 "tt Northern Pacific .. 77, 76 77 76 Chi. & N. W 64 68 6t 64 Penn. R. R 86i 36 36 6i Reading Co 69 67 1 68;, 9 C. R. f. P 2 2 23, Sou. J2s.cU tc Co.... 73 701,, 71T4 70'i Southern Railway. 19i 19 ' 19; 1 i Chi., Mil. & St. P. , 24, 4"-, Union Pacific lUS 114 114i 1141, Wabash 7U 7U 7tt 7 STEELS. Am. Cor A Fdry. .12214 11 15? , J?Vt Allis-Chalmers ...v34i 34 J4 Am. Loco. Co 624 ii ' Utd. Alloy Steel... 32 83 33 3 Baldwin I,oco sifi ss'i t ts Beth. Steel Corp... ii 64, E51i 64S Colo. Fuel A Iron. ..7 2; Crucible Steel Co.. 8644 4 86W 86H Am. Steel Fdry... 29 Mi -' ' Lackawanna Steel 61 49i 491n 604 Midvale Steel & O. SOVj 29 1, 301, 29 Is Pressed Steel Car.. 83!, 82', S3", 83ii Reo. Iron & Steel 13 64, 63 62 i Railway Steel Spr.,88 S6S, 86H 86 Sloss-Shef Stl.-lron 41-T 'J U. 8. Steel ....... . 78 H 78i M COPPERS. . Anaoonda Cp. Jlin. 35 S1i 85H S4'i Am. Sintt. Rf..... 36T4 8H Butte & Sup. Mln. 11 11 11 10", Chlte Copper tlo... 9H 94 914 H Chlno Copper Co... MH H's 30 201, msp. Consr cop... 3Uk 241, . " a ju Kenne. Cop t 16, 16 1 1U 16'i Miami Cop. Co 16 H NeV. Cons. Cop... 91 91a 9 Vi Ray Cons. Cop. Co. 114 11 'lip ll'i Utah Copper Co... 47 46 , 46 INDUSTRIALS.) Am. cet Sug. Co. 40S 30 40 40 At.. O. & W. I. S. S.42 40 40 41 Am. Int. Corp 414 40 411j 41 Am. Sum. Tob. Co. 80 778Q 7914 Am. Cotton Oil .. 19 Am. Tel. A Tel.;. .103 102 103 103 Am. Z., L. A 8.... 8 8 8 8 Brooklyn R. T...ll lf!i 11 11 Bethlehem MotorsA 3 2Va 2 214 Am. Can Co '27 S3 26 26. Chandler Motor .. 71 701, 71 70 Central .Leather .. 86 36 36 86 Cuba Cane Sugar. 21 20 51 21 Cel. Packing Corp. 69 69 59 69 Cal. Pet. Corp.... 86 34 36 35 CornT?Oducts Rfg. 70 68 70 69 Nat. Kn. & Stamp. 56 66 66 66 Flsk Rubber Co... 13 13 18 13 General Electric ..129 128 129 128 Oaston ffmi & W. S 3 2 2 Oen. Motors Co.... 12 12 12 12 Goodrich Co. 36 35 36 35 Am. H. A L. Co... 8 8, 8 . 8 Haskell Brkr... 64 64 64 B-5 V. 8. Ind. Alcohol 65 65 65 65 InWrnat. Nickel .. 14 l4 14 18 Internet, 'paper .. 62 51 62 53 Aiag Rubber Co.. 28 28 28 28 Kelly-Spgfld. Tire..' 57 35 37 36 Keystone T T. R.. 11 11 Jfi U)k Internet, Merc. M. 13 '?.,'" M Mexican Pet 146 141 14. 144 Middle States Oil.. 11 11 H '4 IJ'i Pure OH Co Sl4 31 31 1 Wlllys-Overlsnd .. 7 7 I Pierce Oil rp.... 10 10 10 10 Pan-Am. lt. & T. 68 66 68 67 Plerce-Arrow 25 J4 23 24 Roval Dutch Co... 65 63 2 61 V. 8. Rubber 66 64 66 6o Am. Sug. Refg.... 80 S9 90 90 Sinclair Oil & Rfg. 21 20 21 20 Sears-Roebubk Co. 74 72 74 73 ?romaberg Carb. 28 28 28 28 tudebaker Corp. . 69 3$ ob. Pro. Co 01 50 61 49 Trans- Con. OH... 7 7 7 7 Texas Co 39 38 ,39 S8 V. 8. Food Pr.....' 20 19 i- 20 19 U. S. 8.. R. fc II.. . 30 30 $0 SO White Mo. Co 38 86 38 38 Wilson Co., Inc.. 39 88 89 40 Westinghouse 1. . 43 45 46 43 Amer. Woolen Co. (4 61 64 3 LTotal Sales, 343,300. - Close i n. -iose. Money 7 Marks t. - .0166 Sterling 3.91 3.91 Franca 0718 .0718 Foreign Exchange Rates'. Following are today's rates of exchange as compared with the par valuation. Fur It lehed by th Peters National. Bonk; Par Valua tion Today Austria 30 .003$ Belgium , -1H .0744 Ciecho-fllovakia .0135 Denmark 37 .1739 England 4.9 3.91 France .19" .710 Germany 338 .0162 Greece .193 .070 Italy i. 193 .0371 Jugo-Slavia .0070 Norway 27 .1623 Poland, .0015 Sweden .7 ,2J Switzerland 193 .1695 Omaha Grain March 12." Corn arrivals today were fairly substantial and wheat moderate. Wheat today w,as slow with prices 2c to 4c off. Considerable was car ried over, sellers reporting demand at the close at the going prices. Corn was irregular, ranging liC off to Jjc up, the general tone un changed to Jic off. Oats were off 'ic to 1 cent. Rye and barley were not much changed. A car of corn donated by farmers of Wellfleet. Neb., for Near Eaet Relief was sold on the trading floor of the exchange today at a cent of the above market. The corn eraded No. 2 mixed and was purchased by the Trans-Missis sippi Oram company. nig is xne second car of corn sold on the ex change for this purpose. ' "WHEAT No. 1 hard: 3 cars. l.o3: 2-3 car. $1.61. No. 2 hard: 3 cars. 11. (1; 1 ear, it.47 (smutty); 1 car, $1.49 (smutty). "Tr No. 3 hard: 1 car. $1.49; 1 car, $t.4$: 1 car, $1.43 (smutty). No. 6 hard: 1-3 car, $1.40 .(musty). No. 4 mixed: 1 car, 11.64 (special bill- ,nS- CORN. X No. 3 while: 1 car. c; 1 ear, J$e. No. 3 white: 3 cars, 64c; 3 cars, 63C No. 4 white: 1 car, 2c. No. 3 yellow: 1 car, 68r. No. 3 yellow: 1 cars, 64c; 5 cars, 63c. No. 4 yelloiv: 3 cars, 63c; 1 car, 62c (shippers wte.); 1 car. 62c. No. 2 mixed: 1 car, 65c (near Oast relief) 1 car, 64c. No. 3 mixed: 1 car, 63c (dry); 1 car, 83c: 7 car, 62c; 1 car, 61 o (no tonnage. No. 4 mixed: 1 car. 61 c; 2. cars, 31c. OATS. No. 2 white: 1 car, ,4 Off. No. 3 white: 2 cars, 40c. . No. 4 white: 4 cars. 39c. RYE. No. 3: t car, $1.88. No. 3: 2-B car, $1.37. Sample: 1 car. $1.36. BARLEY. No. 3: 1 car, 60c. No. 1 feed:: 3-6 ear. 65c. OMAHA RECEIPTS AND SHIPMENTS. Receipts Today Wk. Ago Yr. Ago Wheat 67 66 27 Corn 90 88 71 Outs 26 1 21 Rye ., 4 16 Barlej .' . 4 1 2 Shipments Wheat 42 45 . S3 Corn 63 65 ; 29 Oats 11 10 19 Rye 11 19 PRIMARY RECEIPTS AND SHIPMENTS. Receipts Today Year Ago Wheat 777,000 630,000 Corn 1,142,000 671,000 Oats 640,000 478,000 Shipments- Wheat 616.000 311.000 Com 956,000 349,000 Oats 479,000 i 467,000 EXPORT CLEARANCES. Today Year Ago Wheat 187,000 274.000 Corn 131.000 10,000 CHICAGO CARLOT RBCEIPTS. Today Wk. Ago Yr. Ago Wheat 48 24 9 Corn 263 468 119 Oats 93 121 40 KANSAS CITY CARLOT RECEIPTS. Today Wk. Ago Yr. Ago Wheat 16S 223 168 Corn 108 126 60 Oats 14 14 13 ST. LOU13 CARLOT RECEIPTS. Today Wk. Ago Yr. Ago Wheat 65 74 41 Corn 65 124 83 Oats 83 (5 31 NORTHWESTERN CARLOT RECEIPTS OF WHEAT. Today Wk. Ago Yr. Ago Minneapolis 239 390 186 Duluth 29 40 4 Winnipeg 361, 251 205 CHICAGO CLOSING PRICES. By Updike Grain Co.. Doug. 2627. Mar. IS. Art. I Open. I High. I Low. Close. I Yes'dy Mob.' l.2 J. 63 1.6 1.69 1.62' May 1.53 l.eH 1.60 1.60 1.68 Rye May 1.40 1.42 1.39 1.89 1.40 July Lip 1.38 1.18 1.18 -1.21 Corn May .69 .70 .ti .69 .69 July, .71 .72r.71 .7.1 .71. Oats May .43 .4374 .42 At .43 July .44 .43 .44 .44 .44 Pork May 21.50 21.65 21.43 21.43 21.30 Lard May 11.83 13.00 11.80 11.88 11.90 July 12.30 12.87 112.25 12.20 12.30 Ribs May 11.60 It. 7J 11.57 11.62 - 11.63 July 11.95 12.C0 ill. 92 1J.00 11.9S Minneapolis l,rain. Minneapolis. Minn., March 12. Flour 20 035c lower: 'In carload lots, family pat ents quoted at $8.8009.00 a barrel In 93 pound cotton sacks, ' wran ya.vv. Wheat Receipts, 239 car,, compared with 186 cars a year ago. Cash No. 1 northern, 31.64 01.69 ; March, $1.48; May, $1.43. i.urn rttf, a ruun, Oats No. 8 white. 738c. - Barley 48 68c. Rye No. 2, $1.3701.38. Flax No. 1. 31.77flil.80. SL Louis Grain. St. Louis. Mo.. March 12. Wheat March. $1.60; May. $1.62. Corn 61 c; July, iihc Oats May, 44o asked: July, 45 c. Kansas City Grain. Kansas City. Mo.. March 12. Wheat Slarch. $1.47 Vi: May. $1.44. Corn May. 63 c; JUiy, u?,c; se?icm- oer, 7c. Liberty Bond Prices. New Tork. March 12. Liberty bonlas Closed: 3s, 90.10; first 4s, 86.70 bid; sec ond 4s. 86.30: first i4s, 6.o; second 4s. 86.64; third 4s. 90.34; fourth 4s, .30; Victory 3s, 87. 2.'; Mctory ?,s, 97.21. Let Us Handle your grain shipjnents to the Omaha, Chicago, Milwaukee, Kama City, Sioux City, oruay other markets. We Specialize In the careful handling of all orders for grain and prorisions for future delivery., We Operate Offices' at Omaha, Neb.; Lincoln, Neb.; Hast, ings Neb., Chicago, 111.; Sioux City, lag N Holdrege, Neb.; Geneva, Neb.; Des Moines, la.; Milwaukee, Wis.; Hamburg; la.; Kansas City, Missouri. We Have Up-to-date Terminal Elevator in the Omaha ami Milwaukee Markets with the latest facili ties for handling your shipments. Updike Grain Co. The Reliable Cofuignnient House" Omaha,' Nebraska Chicago Grain By CHARLES D. MICHAELS. Chlcsmo Tfbune-Omah Bee Leased Wire. Chicago, March 12. Liquidation and lowei orices marked the grain markets ii. t.i; closing hour, although in the early trading prices advanced. The close was tame and at the inside figure. Bullish news cut no figure. The lack of outide buying support, with the discoui jgement toward the last of those who had tried to ad vance prices, was the market's un doing:. Closing tradj were at losses of 33f4C on wheat, J$c on corn,c on oats,'9i3c on tyr., 'Jury lead ing; 3-4C- on barley, 50c on pork and 5c on lard whife ribs were unchanged to 5c higher. v Although shaq-tulRes live been on in grains at times during the last week, the week's finisfr was well toward the inside figures, with whiat off 11J4S,12c, cornl2c, oats J'jfi) X',c, rye, 6J510J4C the latter on July; Parley 2c, pork 33c, lard 45o, ribs 15c, as compared with a week ago. Prices AdTance Early. Wheat orices advanced litl3c enrly on buying based on reports of wet weathet and higher prices In Argentina. Con firmation of 1,000,000 bushels sold fot export on Friday and the report that the acreage In central provinces was 18 per cent short, also- were factors. The estimate this year of tho provinces re ported so far Is 87,000,00-bushels, against 142,000,000 bushels last year, whereas the government estimate of 166,000,000 bushels as the surplus and carryover of the United States and Canada for the balance of the season was construed as Indicating there are 85,000,000 bushels available for export. Several large local traders were liberal early buyers of wheat, hut ( later they turned to the selling side. Stop order selling became general from $1.63 down, May making a break to $1.60. The leading elevator Interest that 4s long on March had It on the market openly and through brokers, ths spread being 88c. Break In March Wheat, The late break was started by a drop In March wheat In Minneapolis to 1c under May for the first time this season, with deliveries there of 400.000 bushels on. March contracts, which were taken by local and outside millers, i Minneapolis offered, round lots of No. 3 dark northern spring whest here at equal to 9o under March, or better than a delivery basis. Houses with Omaha connections were large sellers of future and sold 20,000 bushels of No. 3 hard at lc over March here, Vhlle later In tho day 1c over was the best bid. Export sales at the sea board were 400,000 bushels, confirmed ofter the -close. Crop reports were generally favorable, and with the economio conditions, created extreme bearlshneas. TheVcorn trade waa not large, being de pendent mainly upon the action of wheat, although losses were so small, with ft range of 6970c on May and the finish st the bottom. Primary receipts of 9,953,000 bushels were 5,039,000 bushels over last year's and 927,000 bushels below the previous weeks. Green bur damage In oats helped the market for a, time, but prices declined lc and May finished around 4243c. Crop prospects were favorable. Tho week s movement showed an Increase at the primaries of 848.000 bushels over last year. Pressure was on July rye and it broke 3c with the. close at $1.18 and May off only c. TH Notes. The Impression among the conservative people In the grain trade is that, barring accidents to the wheat crop, it will take fireatly increased export buying anil a Ighter country movement to sustain values around tne present level. The one thing against all the grain niarkws is tho light outside trade, tho bearlshnesa of the general public and the disposition to go slow on the buying side until there Is something brought out that appeals to speculators in general to Induce them to take hold. There In to be a decreased movement of grain in the central west as Indicated by tho loadingt reports of the various rail roads. Farmers sre not selling and are gntting too busy in the fields. All tho commission houses continue "to report de creased offerings. It is said that tho renters and movers have sold the hulk of their corn and that others are holding on. Omaha has been selling No. 2 hard wheat In Chicago for more than a week past. The' trado does not take It readily, regarding the price too lilpii. Minneapolis offered one block of 100,000 bushels of No. 3 dark northern hard at equal to 9c under Chicago, March, Minne apolis welghtB and grades. Buyers here prefer to take it on Chicago weights. Tho weakly weather forecast is for cold and unsettled with rains and snows over the greater part of the agricultural regions. Unseed Oil: Duluth. Minn., March 12. Linseed On track and to arrive, $1.76. Holland' Financial Ar tidc Will be Found on Page Ten, Part Three. Sy2 and 1 Farm Mortgages 39 Year of Loaning Experience Without a Log to the Investor. " , Write for List Kloke Investment Company Phone Doug. 1150. Omaha Omahi? Produce Fruits and vegetable quotations 1 fur nished bv tho O linaky Fruit company: Kruils Baniinss, per round. 10c; oranges, 126. $6.""; 160, $3 . 60 :1 7s, $3.00; 200. $4.50; 21;-2.0, $4.00: 28H-324, IJ..0. Lemons. SOU. Golden Bowl or k., $6.00; .100, Slher Cord or Oh., $3.60: 370, Sun klst. $.).5U; 270. choice, $6.00. Grape Fruit, 4. $6.00; 64. $5.60; 4, $6.76; 70-80, f.0O Apples, barrel, Ben Davis, $6.60; barrel. Uauaa, $7.50; barrel. Northwestern t'.ivi nliiKs. $7.60: Likv. On nas, 163 site, $2.75; box, O. F. Wine Haps, 138s, $3.76; box. O. V. Wlns,aps, 110-163, $3.50: box, o. K. Wine Paps, 500. $3.00; box, O. F. Win ii nps, 216, $2.75: box, Jonathans, 200, $2.76; box. Jonathans. 313. $2.5". -f Honey Crt. (24 frames). $7.00. Dates s. Dromedary. 36 ukga.. $6.76 Vegetables Potatoes. Idaho Whites, jer lb.. 2c; K. It. Chios (branded), sc. .Sweet potatoes, crt Sugarlands, $2.50. On ions, Spanish, crates, $2.76; Sacked Whites. 3c; Sacked Yellow, e; Sacked Red Globe, 3c. OiUon Sets, Red, per lb., 4c; White, per lb., 6c; Yellow, per lb., 4c. Cabbage, Old, per lb., 3o; Ne (Tex as), per lb., 3o. Old Roots Rutabagoec Beets, per lb., 2c. Carrots-Parsnips, 2o; Turnips, 3c. "-Mreen Vegetables Radishes, per doz., $1.26: Shallotts, per doz., $1.00; Carrots, per dos., $1.50; Tur nips, per dos., $1.50; Parsley, per doz., 35c; Cucumbers, per dos., $4.00; Spinach, per lb., 12c; Pepirers, per lb., 40c; Cauli flower, per crt., $2,76. Lettuce. Head, (4 t 6 doz.), per crt., $4.00; Head, per doz., $1.."S; Lcat(4 to doz.), per basket, $2.50; Leaf, per doz., 70c. California Celery, Rough (4 to dos.), per crt., $7.00; Washed Ex. Jumbo, per doz., 91.75; Nuts Peanuts. 10-lb. can salted, $2.76: (No. 1 raw, 9c; No, 1 roast, 12c; Jumbo, raw, lee; jumDo. roast, J sc. walnuts, No. 1 Diamond, 37c; Checkers, Chums, C. Jack, 100 to case, prize, $7.00; 60 to case, prize, $3.50; 100 to No. prize, $6.76; 60 to case. No. prise, $3.40. Wholesale prices of beef cuts: No. 1 ribs, 29 c; No. 3 ribs, 27c; No. 3 ribs, 20c. No. 1 loins, 33c; No, 2 loins, 31c; No. 3 loins, 22c. No. 1 rounds, 20c; No. 2 rounds, 19e; No. 3 rounds, ISo. No. 1 chucks. llc; No. 2 chucks. 11c; No. 3 chucks, 9c. No. 1 plates, 9c; No. 2 plates, 8c; No. 3 plates, 7Vic. , Bonds. The following quotations are furnished by Logan & Bryan, Peters Trust building: Am. Smelt. & Rfg. 5s ., 77 17 Am. Tel. Col. 6s. 1946 81 J82 Armour 4s, 1939 79 79 H. & O. Ref. 6s, 1996 1 6768 B. & O. Cvt. 4s, 1933 64f66 Cal. Gas I'nl. 6s. 1987 84 $85 ('., M. & St. P. Oen. 4k, 1932 66 (566 C, M. & St. P. Oen. & Ref. 4 a, 2014 1 62 C. .I R. 1. A P. Ref. 4s, 1934.... 66 066 D. ' R. O. Col. 4s, 1936 63 S 6314 Gt. Nor 4 s. 1961 81 jl 83 III. Central Joint 5s, 1933 75 $76 Mo. Pac. Ref. 6s, 1923 89 90 Mo. Pac. Ref. 5s, 1926 83 ' 84 Mo. Pac. Oen. 6s, 1675 77 (ft 78 Rio Grande W. 1st 4s, 1939... 6263 St. L. & 8. V. Gen. 6,. 1927... SS 89 St. L. & S V. P. U 4s, 1950 59 ( 60 St. I AV. S. F. Adj. 6S. 1956... 64 l64 St. L. & S. F. Inf. 6s, I960... 44 45 S. T. & S. W. Inter. 6s, 19657). 64S:64 Wilson 6s, 1941 8S89 K. C. Sou. 6s, 1959 73 e78 C. G. W. 4s, 1959. '49f49 Sea Bal 4s, 1989 373H Colo. Southern 4s, 1935 .... 73 073 '. & O. 5s 81 18 81 I. R. T. 5s E.2363. Hud. & Man. Ref. 6 64 63 New York Sugar. Now Tork, March 12. Tho raw sugar market was quiet today and) as no fresh business was reported prices were un changed at 6 cents for Cubas. cost and freight, equal to 6.92c for centrifugal. STEAMSHIP TICKETS II v riirtAnn a mt TICKETS and TOURS Reservations now being made for summer sailings. PETERS TRUST BLDG. PUTS AND CALLS ODD LOTS If you think the market is . go.fi tr up buy Calls, if down buy Puts, if in doubt buy Spreads which is both a Pqt and a Call and places you on both sides of the market, PROFITS UNLIMITED Write today for booklet No. 12. explains fully, also valuable rules for Trades in Stocks, Cotton and Grain (free). C. Goldhurst & Company SERVICE : : RELIABILITY SO Broad Street New York flT3?a EXCHANGE V 10 20 Yi You Were a Dollar Would you work foi- starvation wages and jtfrhaps lie idle a part of the tiihc. or-would you go out aud find the best job to be had, one that paid good wages aud at the same time safeguarded your earning power? There is but one answer Yet many industrious people do not apply the rules of their own activity to the matter of making their money work for THEM, r To earn money and spend a little less so you can put the surplus to work at good wages in some job where it will not be in peril is to discount the future. Employ Your Funds ' in the Purchase of "Securities Building" , ' -"The Million Dollar Corner," First Mortgage 212 Year Coupon Bonds 'f AndTThey Will Be Safe as Well as Earning High Wages Issued in Denominations of . , $100$250 $500--$l,000 Priced to Yield 8.63 Tax Free Interest I'ald Quarterly t prevent these bonds from being purchased by brokers a- resale later at a higher price, not morel than five bonds of any denomination will be Bold to a customer. "Here's my chek for 13.800," lake four $1,000 bonds at $950 each." Mr. C figured that the Interest return on his ?3,S00 in vestment would in less than ot months' time amount to 8818.85 . and he KXEW his money would be at Vork for him at GOOD WAGES and, that it was SAFELY employed. ' v How About You? $ 95.00 Buys a .$ 100 Bond $237.50 Buys a $ 250 Bond $475.00 Buys a 500 Bond $950.00 Buys a . . . . .v. . .$1,000 Bond Why 'Not Put Your Savings to Work Where They Can Earn Double Pay and Do it Safely? See Us Abput It' I v Guaranty Securities Company and Pioneer State Bank Farnam Street Entrance Securities Building Omaha, Neb. Bonds and Notes The following quotation furnished by the Omaha Trust company: Appro. . Price Tld Am. T.A T. Co. 6s. 192!.... 96 7.80 Am. T. & T. Co. 6s, 1924.... 96 7,90 Anaconda 7s. 1929 93 9.11 Armour 7s. 1930 96 7.47 llelglan Govt. 8s, 1941 97 8 25 WalKian Govt. 7s. 1945 96 9.30 Hnthlrhem Steel 7s, 1923 ..... 99 7.10 Bethlehem Steel 7s, 1923 97 8.30 British s, 1928 94 8.33 British 6s. 1929 88 7.30 British $s, 193f 86 7.03 B. & Q. Jt. 4S. 1921 97 13.35 C. O. C. & 8t. L. s, 1929 SS 8.05 Christiana , 1946 95 8.42 Cudahy Packing Co. 7s. 1923 .. 7.87 Denmark 8a, 1946 97 8.23 French Govt. 8s. 1945 97 6.26 II. y. Goodrich 7s. 1925 90 10.10 Japanese Govt. 1st 4a, 1925.. 83 9 90 Japanese Govt. 4s, 1931 64 9 65 Morris & Co.7s, 1930 98 7.68 Norway 8s. 1940 98 8.12 N. W. Bell Tel. Co. 7s, 1941 ... 96 7.30 N. Y. Central 7s, 1930 101 9.85 Penn. R. R. Co. 7s. 1930 102 6.75 S. W. Bell Tel. Co. 7a, 1925 ,. 96 8.03 Swedish iovt. 6s, 1939 80 8.10 Hyrtft & Co. 7s. 1925 . 96 7.88 Swiss Govt. 8s. 1940 102 7.73 U. B. Rubber 7s, 1830 99 7.60 Westlnghouss Electric 7s. 1931 99 7.12 Chicago (Mocks. The following quotations are furnished by Logan A Bryan : Arrhour Co. pfd 91 Armour Leather Co. common 12 Armour Leather Co. pfd 85 Commonwealth Edison Co 10 Cudahy Packing Co. common..'. 67 Continental Jtotors '. , 6 Llbby. McNeil & Llbby 10 Montgomery Ward Co... 16 National Leather 8 Reo Motor Car Co 21 fwlft A Co 10 wlft International , 28 Union Carbide & Carbon Co. 61 v r 1 Omaha Stocks? Peter Trust Bldg., Omaha, Neb. We offer for sale subject American Live Stock Ins. .. .$138.00 Bradley, Merriam A Smith... 80.00 Fairmont Creamery preferred 96.00 National American Fire Ins . . 77.60 Skinner Packing Co., preferred 22.00 Union Stock Yard 88.00 O. A C. Bf. St. Ry. preferred 48.2S I A,k for our Quotations on Local 1 Stocks Foreign Iv. assjai eassss asaa, sane aassi sane aasai Peters Trust Building. Peters Trust Company and Peters National Bank. Tarnam atyeventeeath said Mr. C of Omaha. "I'll New York Cotton. Nrw Tork. March IJ.Tho New Tork cotton market opened 3 points higher In March and 8 to 10 point lower on other months. Much of the business was switch ing. Soon the market quieted and dropped: about 15 points net lower. , May dropped to 11.4fle, the lowest price sinew the rally last week. There was no lmprTnenl In reports from Manchester, while sales of print cloths In the Fall 'River market were estimated at only 60.000 bales for the week and the curtailment of production at 120,000. The early decline extended to 11.38o for May, or about JO to 23 points net lower, but there was enough covering at this level to cause rallies and May closed st 11.60c. The general market closed barely steady at a decline of $ to 21 points. New Tork Coffee. New Tork, Msrch 1$. Th mar ket for coffee futures opened unchanged to three points lower on scattered cover ing over the week-end. Unsettled show ing of the official cables from Urn nil seemed to have been pretty well dis counted by the selling of yesterday, but except for aborts there were very fe,v buyers and ths opening advance waa not fully maintained, with J4ay soiling off from 6.73 to 6 8o and closing at 6.70c. The general market closed net unchanged to one point higher. Closing bids: March, -6.40c: May, 6.70c; July, .0; September, 6.49o; October, 6.68c; Decem ber. 6. 62a; January. 6.94c. Coffee Spot, quiet; Rio Is, 6c; Santos 4s. 8ff9e. Tendon Money. London, March 12, Bar silver 33 d per ounce. Money 5 per cent. Discount Rates Short bills, 7 per cent; three months' bills, 6 percent. Chicago Produce. Chlcsgo, 111., March 12. Butter Lowers, creamery extras, 46c; standards, 42 c. Eggs Unchanged: receipts, 17,268 cases. Poultry Alive, unchanged. New York Dried Krillts, Now York, March 12. Apples Evapor- ' ated, firm. Prunes Quiet. Apricots Rasy. ' r Peaches Hteady. Raisins Firm. 1 Kansas City Hay. Kansas City, Mo.. March 12. Hay Vn changed to 60c lower; choice timothy, $19.0020.00: choice prairie, $13.60 16. OOj choice alfalfa. $22.50ig23.00. z z -. Bond Compj L. V. Nichols, Oil-preferred. Marr Petroleum common . . . Noco Petroleum common... Harvey Crude Oil Co Wykota Oil Co Penn. Kell. Watt Oil. Abe Lincoln Copper . . Stocks, Foreign Exchange and Exchange sane saan sasn smb sssai my I" tiu:iu 7' x with Safety PlETER'S Trust First Mort i gae Farm Land Bonds are now offered to. yield 7. The same safeguards sur round these bonds which have made possible the in vesting of over $100,000,000 in Peters Trust Farm Mort gage securities without one dollar's loss. 1 They are tax free in Ne braska. ' ' . Denominations -$100 $500 $1,000 Are You Interested in American Ice Pittsburg Coal Baldwi 3 Locomotive Re, Mil, week', Slock Market Opportunities Seat HUE ty aiklng lor 08-13. Shemy&fiMand 1 9 8 Broadsa). NewrK $62 STOCK PRIVILEGES ( IOC PUIS AND CALLS Oil J CV JUA 1 J UUU IAMB Best, safeat way to trad. No margin. Call, ponible, as risk is limited. Profits unlimited. Ask for free booklet. - "SUCCESS IN THE STOCK MARKET1 With small outlay hundreds of dollars ari made. UNLISTED SECURITIES KENNEDY & CO., Est. 1884 Members Consolidated Slock Exchatif e.N.Y 74 BROADWAY. NEW YORK A GUARANTEED INVESTMENT v r A pre-listinc opportunity Is offered to participate in an original underwriting of a stock in a consolidation of three foinf and operating companies. This stock will h listed and possesses unlimited profit fiossibilities through unusually arge dividends and market -enhancement. THE SAFETY OF YOUR INVESTMENT in this consolidation. Is pro tected by a bond of estab lished financial standing, ap proved as a legsl investment for savings banks and Insur ance companies which uncon ditionally guarantee the cer tain safety of the principal in vested against v any possible loss. This Is an opportunity for those who are desirous of se curing large speculative prof its, but whose first consid eration must be unquestioned safety of the original invest ment. Full details sent free on request for C M-13 H. & B. WOLF & CO. Members Consolidated Stock Ex.. ' New York 280 Madison Ave. New York Supply Your Needs by Using Bee Want Ads Best Results World Record Oil Gushers 10 Monster Well, in 30. Days at El Dorado With a do,en more due within two weeks over fifty well, drilling. Only hours now between u, and fortnne. Wilt you share with uT All doubt removed about oar locations. Abncr Davis Well Number One scheduled to be greatest oil producer in El Dorado C inner Field and this is what I expect to announce next Sundey. Your Last Chance This is the last advertisement I eau run and this is the last chance you wilt have before our weH is drilled! in and spouting oil. Abner Davis System Refinery now Hear ing completion to buy oil f rfltn. . Abnr Davis El Dorado Number One Well and make cash dividend, direct to yon possi ble in record time. Monster Gushers Everywhere x Abner Davis Number One proven by PRODUCERS ON THREE SIDES. North, South snd West. This is your final op portunity to win blr. with little, money, and get in the dividend class in a- few days. Ten (treat wells have come' In, proving up our property aince we began operation In El Dorado. Three days after my first choice well location was secured a contract was let and two days later the well was spudded in, and twenty days drilling put the bit on top-of the cap rock at 2,168 feet, the casingr was then set snd cemented. Ten days will be required for. the ce ment to harden iiuurlnn a perfect seat and shutting off possible water troubles. Only a few feet will then hs,ve to be drllM to cut the cap rock iwhere a RECORD GUSHER is expected to respond to the laat few hours' work of the drillers. Tankage will be erected in the mean time so that our oil can be saved. Refinery Nearing Completion The Abner Davis System Refinery is now nesring completion within 600' feet of the well snd within a few hours after the firit hundred barrels of oil flows into the tank,, this same oil will be converted into gasoline and automobiles will be run ning on the power extracted from the earth only a short time before. The above cut is cited to illustrate the thoroughness of the Abner Davis System of operations in El Dorado and it is my ambition and firm- belief that every one of my plans for the future will work as smoothly as the drilling of this well has progressed up to date. . Breaking the Record I am convinced and feel positive that my El Dorado operations will break all records for QUICK DRILLING. QUICK PRODUCING, QUICK REFINING AND QUCK RETURNS IN ACTUAL MONEY I n .1 (k., T -an tw V. MltrKTST niVtnFNrw in all tht nnr history of oil production and refining. L Say to You Those who heve backed me In the past, I urire as never beforcto join mo now for $100 or more. Those who want to help me make this new record. I invite to join me .now fori what they ran. under the Abrier Davis' System of Prdouctlori. Storage and Refinins with a market at our door. .There will be no long 'waiting for pipe lines, no delays for storage, and no uncertainties about getting the eash for our oil. These sre things that I have had to overcome In the years during whieh I have been fighting the oit game and these are the things that make the dif ference bertween production and actual dividends to investors. I Am Worl.ing to Establish a Record I have, so far, met with the fullest degree of success. Nothing on earth but a freak of nature can now prevent my life's ambition being realised, whereby I can return dollar for dimes to my backers and begin this actual dividend earning in less than 4t days from thi dsy the first dollar was received for mr El Dorado development. I do not care who you are. or if yon can only risk $10, $20. 50 or 100. I give you my word of honor you. .will re ceive your fall pro rata share and all your dividends will be paid direct So you. Wire Your Reservation Reservations made by wire will be ac cepted up to the last hour before the well comes in unless oversubscribed in the meantime, in which case qaaSey vrill be promptly returned. Go to the Western Union Telegraph office and wire me what you can do and I will protect you to the limit, (RESERVATION COUPON) Abner Davis, ; ' El Dorado, Ark. 1 I will risk with you S .". i ..... .i and I enclose $ here with. You are to ue the nanKjiocording to your 50-6 grubstake plan asyour ex perience and judgment dictate- I am to share in the results accordltTf to my pro rata proportion for the mousy fur nished. " .ra. You are to honestly conduct jpie bust nea, and render a statement affairs and pay direct to me the sharr-ot prof its to which I may be entitled You are to be the sola manager, or trustee, ahd I am not to be called upon or to become responsible fotKany sum not provided for In the application. Yours truly, Nam , ......J Address ., Abner Davis Corporation El Dorado, Arkanus '.oa IWVU I ':tM'C ::::: S H m X 1 Bond.. I I Bonds II i I 'I a- ew I I -
