, 1
J
4
THE ' BEE: OMAHA. WEDNESDAY, MARCH 23. 1921.
il
Mellon Favors
" Rcfuiicling of
Lowered Cattle
Market, Financial" and Industrial News of the Day
Liberty Bonds
Live Stock
Financial
New York Quotations 1 Omaha Grain
Chicago Grain ' Bonds and Notes
Rates Expected
Expected Legislation Would
Convert War Securities Into
Lnng-Time Bonds Bear
ing t 1-2 Per Cent.
By HOLLAND. ,
1 hr .fcjfUrv of the treasury,
Andrew W. Mellon, is quoted a? hav
ing iI a tew days alter he tiegati
lus duties that he !iad in mind the
H-iundiiitf oi the war debt of the
Vnitcd Stales, including Liberty
bondb and Victory notes. His off
hand opinion, however, was that re
funding of tin's kind, together with
the handling of the demand notes
now held hy the treasury, repre--enting
as they do the debt jf the
illie. to the United 1 States, nearly
? 10,000,000,000, might not he taken
up until congress had enacted new
legislation which would change or
modify the present tax law and
which would put upon the statute
book a new tariff schedule.
Probably not one of the citizens
who is now possessed of one or
more Liberty borids or Victory notes
will fail to heed with gratification
the intimation of the secretary of the
treasury. Many of the banks of the
country, including the federal re
serve banks, also will contemplate
with satisfaction the proposed re
funding of these Liberty and Victory
bunds, s
Legislation Expected.
In New York the belief prevails
that congress kill so legislate upon
the recommendation of Secretary
mil lion as to make it possible to con
yrrl each of the Liberty bonds and
irtory notes into a bond havlne a
lite probably of 36 years, hearing at
least 4 1-2 per centinterest, possibly
5. with a sinking fund of 1 per cent.
- sinking fund of this character
would be sufficient to extinguish the
bonds in 36 years.
If the opportunity be offered for an
axchante of Liberty bonds and Vlctofv
notes Into lona-tlme bonds bearing 4 t er
f per cent Interest, it filably would
h- difficult to find anywhere tu tha roun
tiv an owner of Liberties or Victories
who would not avail himself of this on
pcriunity. provided hr know of It.
Then refunded fiords would probably
bu quoted at par or perhaps a little hitter.
1 hiy would put en end to tlm depreciation
vlilch these bonds have bain obliged to
-ut up with since thoy were Issued. Tha
absorption of them would relieve tha bank
v-'hlrh hava been carrying- so manyk of tha
bonds which were hnintit on borrowed
money. This would tend to eese the
iiedlt situation. Kurtnarmnr In the long
run there would be a aavi-.'K for the rov
arnment even though the tni'-rest on these
bonds la fixed nt S per cetiy
What ronrei.s Mint Do.
siomo of these bond Issues which tha
poopln so willingly accepted In the days
o' the war necessities, roust be taken rare
of before the eeelou "f congress expires
by time limitation. Jhese bonds cannot
b rcderrfel through ''he pevmcnt by the
auvrrnment of their face value in cash
because th aggregate value of them la
too larita. Therefore, when conereas con
fidors the question of how boat to handle
thette bonds whoae maturity la at hand
there 1a also likelihood of consideration of
11 these war debt tsuues.
Socretarv Mellon inln.iu.tes that the Iran-dtlna-
of the allied debt now represented,
by demand notes is likely to be decided
by. congress when the refi'ndtng of the
war debt la also under consideration or is
acted upon. Apparently the pressure which
was at one time brought to bear upon pub
lic opinion in the United States In favor
of the cancellation .of thin debt is no
longer exerted. TP wa n.ad clear that
. he people of the United states wouia
rf,nt tolcnafe-any plan -ly Svtalrh he Treas-
nrv depsrtiYiant would psjs a receipts
bill to the' allied 'nation eneV In 'that
way liquidate the debt. , Nations eroa
live sea. It la reporter are beg nnlng to
...allre that It would ultimately be of
d.sadvantage to thorn, or of moral die
advantage, at least, if th'lr debt were
c;;noelled. .
True Barometer,
From Italy ram. the report a day or
two age of a Ti.t In her exchange
Ine tn 19 points. So also our bankers re-
7 '.. .-.-i.nmf of an increase
vs"nlao some improvement In the Frenofc
rules. There has been a rise tn the pound
surling. It Is beginning to be "allied
that the atory which the foreign ange
nilcs tell is far more reliable so far as
induMrv. commerce, trade and economic
u .ndlticna are concerned than are many
of the academic statements which Purport
to explain or set forth economic conditions
the vortd over.
For foreign exchange' is a more accurate
barometer than any spoken word can Be.
Tt is like the movement of prices tn tne
securities market. In the early spring
nt 19H. It forecast the outbreak of the
European tr. American railroad opera
tors who went to France to obtain loans
ai lote ss June 1M4. discovered that
foreisn exchange wus furnishing the bank
ers with a barometer which Justified them
in declining to make any loans.
On the other hand at the very momtnt
whan Germany en the one hand and
France. England afid Italy on the other
w.-re d scusstng reparations and preparing
tlio wov for the n.nrclv of the armies of
til-, elites Into dermai) territory, foreign
xchange did not echo the alarming
words which were then so often spoken,
lis temltncv was towards improvement
and that tendency has been continued.
Steel Corporation
Earnings Increase
In Last Fiscal Year
New York, March. 22. Publica
tion of the pamphlet report of the
United State steel corporation for
1920 disclosed many details of the
corporation's operations not avail
able in the preliminary statement is
sued two months ago.
Total earnings- of $185,895,359
showed a gain over 1919 of $32,804,
720; balance of earnings after pay
ment of interest on bonds and mort
gages was $176,686,894, a net increase
of $33,097,855, and net income of
$130,002,534 increased $31,959,398.
" Surplus net income for 1920 was
$5.059.426, a gain of $32,899,045 and
a balance of $29,059,426 carried to un
divided surplus showed a gain Of
$2,899,645.
Current assets include cash in hand
('and in banks of $123,660,955, against
$166,726,806 in the previous year and
undivided surplus of the corporation
and its subsidiaries amounts to $498,
454,891, against $468,048,202 a year
ago. l
ew York Monej.
New Terk. March $2 Prime mercan
tile paper, T4gJ per cent,
txchsnge Heavy,
Sterling Demand. I3 901; cablest
JJ91V
Franes-Demand. 3.140; cables, S.96c.
Brig i aii Francs Demand, 7.34; cables,
:.c.
Guilders Dsmand, 34.JSc; cables, 34.45c.
Lire remind. 3 94c; cables. S.Mc.
Marks Demand, l.9c; cables, 1.81c.
Hreece Demand. 1.50c.
Argentine Denisnd. 84.00O.
Prazillan -Demand, 15. lie.
Montreal U V, per cent discount.
Time loans steadV: dsy, (0 day. snd
six mostha, Stt( 7 pescent.
Call money easier; high, 34 per cent;
low. 64 per rent; ruling rate, 3H per
rent; closing bids. t4 per1 cent; offered
st I per cent; lst loan, 4 per cent.
New York Produce.
New Tork, March 2J Buter Market
firm; creamery hlgjier than extras, tlUd
47)c; .creamery extras, 46fJ46Vc,
creamery firsts. 42H945',c.
r.rf" .naraei ririii; tresn gatnerea extra
firsts. !V,!t37c; do. firsis, S4:r.
Chsese .Merael f ssi ; state, whole milk.
fats, freph. specials. SSe:5l,c, ptheis
uiichansed.
lre-d Pooltry Market firm and un
changed. ' f
Liv ttffrm w,Tktt firm; turksjs, 49
41 45c.
Receipts were:
Official Jlondny ,
Kattmkte Tuesday
Two days this wk
Cattle H'gs Shp
4.S72 T.S2g Jl .76
3. S"D
S.S72
tn,ne
17.52S
1.(41
:3,"7S
J4.S49
29,764
9. SOD
21.266
3S.017
Same days last wk. 16. tn
s me dya. twks. ago 19,360
.S'ine dys. a wks. sgo 13.SS1
S mo dya yr. ago... M.S39
17.359
28.21
It. (74
Rtce-lpts snd disiwisttton of live vtock at
the I nton Stock Turds, Omaha, Neb., for
twenty-four hours ending at I o'clock p.
in.. March ::, 1931.
RECEIPTS CARS.
Cat. Hogs Sheep H-M
t . M A St. r 1
IVubssh i I
Missouri t'acific .... S I ..
Union I'acific fR 3- 36
C. i V. W , e.t ... 7 1
C. A N W .. W"6t '. .17 , 3S 2 1
r t v.. m. ,t o. i it : i
C . Ft. A- Q , fst . U . 1 I 1
C, V. A J.. west .17 19 J
V.: H. I. A P. east SI 7
C . It. I. A P . west 1 I
riltiois Central . ... 2 9 .
Chi. tit. West 3 S
Tots! liecelpts ...173 K0 43 3
DISPOSITION HEAD.
(Tattle Hogs Sheep
Morris & Co f6T 790 1047
f.wift e Co 71 130 1!SU
Cildab-' Packing Co 47S S1SS -J T 1 3
Armour Co 191 1S49 22:
J. W Murphy t? ....
1'"I,1 T'hg Co 367 1745
I. lnrofr Cai-king t'o 85
h.i. C'maha Tkg. Co. . 46
ngden Parking Co. 22i ....
lllK"m Packing Co. ... 30
Hoffman Bros
Miyertw ch & Vail ..... 14 .... . . . .
Oluesliorg 'il .... ....
P. O lies , S
Wilson & Co ," 2:1 ...VI,,..
W. 11. Van Sant & Co. . . 1
F. P. Lewis 20
Hu'itrlnger A Oliver .... 70
.1. B. Root Co 19 ....'.
r. II. Hutla 35 ,
U. M nurruss & Co. ... 10 ....
HoiH-nstork Bros li, ...r
F. V,. Kellogg .....124
Wcithelmer & Degen ... 4S ,..
Kilts & Co . 13
SU!U an RrosT- 41
Mn.-Ksll. C. A- C. Co. ... 1
II. C. Christie :9 i,..
.Tohr Kaevey 4,9 ....
Jensen ei t.tindgren 2
lion nis AV Francis 9! .
Chock e Kreba ,.. t
Omaha Parking Co. S
Hiilms' Packing Co. ... 12
Oilier Bujcrs .". . "93 47ti
Totm
..i'M 8791 SS33
C'lltie Rectiuts of cattle dropped off
again this morning, a very moderate
Tubjday run of . only about 3.S00 head
Siclng yarded. The market showed consid
erable unevennesa, but the gonerm trcna
of values was atronger with a good many
of the lighter steers ss much as 15S26o
higher Best steers here reached 39.50
9.76 and yearling hslters brought 39.10,
a r.sw top for the year. Stacker and
feeder demand was Use urgent today and
the n.fket was rather slow at about
steady prices.
Quotations on cattl.1: ilootl to choice
beeves, SD'OCif 9.75 : fair to good beeves,
18.250 f.Otl; common to fair breves, 37. &
IR .;;; good to chclce yearlings, 33. 60
9 50; fair to good yearlings, 3.0fi'l.6O;
iwnion to fair yearlings,' 37.00 S. 00;
choice to prime heifers. IK.0O&I.I0; good
t choice heifers, 3t-768.00; choice to
prime fows, 37.007.60; good to choice
ctiws, J6.25SJ7.00; fair to good cows.
fi.2rg;fi.00; common to fair cows. 33.00
5.00; good to choice feeders, J9.25fi8.80;
fair to good feeders, J7.50SI5; common
tei fuir feeders, 37.00(97.60: good to choice
sturkers, J5.00.7o; fair to good
itockers, J7.408.00; common to fair
Blockers. 36.507.iit; stock heifsrs, 35.00
(f Hi; Btock cows, 34. 30Si6.60; stock
6 Ives, IS. 00(3-7. 75; veal calvte, $8.00 Cs
J, 60. bulls, stags, etc., 34.26 7.00.
BEEP STEBRS.
Ha. A v. Pr. No. Av.
' Pr
8 25
8 60
8 70
8 90
9 15
9 35
I 76
8 00
' 910
8 85
9 10
6 40
6 60
7 00
7 50
6 35
7 00
7 15
8 35
;T 9S3 8 10 14 1145
43...
Jt...
DO...
lis..,
Sf...
s...
...
.. .1360
...1092
...109S
.. .1324
...1367
8 60
8 SS
8 76
9 0
9 26
9 60
17 1247
11 1297
5.1 1U87
15 1248
17 1563
11 1049
12S0
STEERS AND HEIFERS.
783
7 40 1
8 60 14
128
. 936
. 644
. 602
. lll) ''
. 1 008
.1144
.1107
. 747
. 881
. 95S
805
YEARLINGS.
8 26 18. . .
8 60 11...
COWS
ti 20 16. , .
I 50 11...
6 75 13...
T SS 3...
HKIFER8.
5 90 18...
8 85 16...
7 85 8...
II..
10..
H..
?;:
is..
12..
It..
9..
12..
718
842
. .. 8H0
... 974
...1113
.. .1426
... 673
.. .1018
. . . 910
510
8 00 31
96
STOCKERS AND FEEDERS.
16 758 7 60 46 841 7 75
12 809 8 25 28 1162 8 40
29 967 8 50
BULLS.
6 00 1 760 7 00
CALVES. .
7 00 6...... 383 7 t
8 76 i
400
45T
183
Hogs The receipts of hogs this morn
ing amounted to 10.000 head. Shippers
selected bacon and light hogs on the early
trade at prices about a quarter lower.
Packers Insisted upon even greater de
clines and after sniping orders were out
of the way. packing droves were put up
at prlcee mostly a half dollar lower. Best
light hogs sold esrly at 310.30, the day's
top with bulk of the receipt moving at
a spread of J9. 25910.00.
HOGS.
Mo. Av.
42. .368
36. .293
36. .272
86. .260
70. .241
33. .250
63. .236
36. .231
73. . 194
Rh. Pr. No. Av. Sh.
140 8 55 62. .517 ...
Pr.
25
9 40
9 55
9 66
9 76
9 85
10 00
10 25
'9 35
50
9 6
9 70
9 SO
9 90
10 10
10 30
38. .333
T9. .215
36. .133
74. .233
63. .248
69. .537
55. .110
40
40
40
70
Sheep About 9,6oo sheep and lambs ar
rived for today's trade and the market
developed on a steady to higher basis. Fat
lambs said at prises strong to a quarter
higher with fat sheep generally steady.
Best light lambs moved around J10.25 with
extra heavy grades selling down to J7.50
7.75 and less. Fat ewe sslea were re
ported at J5,50(J5.T5, but wethers and
yearlings continued scarce.
Quotations on sheep: Best fat lambs.
J10.00io.31 ; medium to plain tftmbs. J!.25
10.00: Main and heavy lambs. J7.60
9.00: sjinrn lambs. S.OO('9.00; yearlings,
87.50SS.50; aged wethers. Jii.006.76; good
ewes. J5.O0Ji5.5n; cull snd canner ewes,
J2.003.25; shearing lambs, JJS.00 8.75.
FAT LAMBS.
Ko. Av. Pr. No. At. Pr.
703 fed... 93 8 85 182 fed... 87 9 70
K4 fed... 90 9 00 177 fed...86 8 75
FEEDING LAMBS.
752 Ida 74 8 23 17Sfed...76 7 75
FAT EWES.
173 Wyo.. .97 5 26
FEEDING EWES.
122 Wyo.. .88 3 00
FAT YEARLINGS AND WETHERS.
167 fed. . .98 8 75
SHORN LAMBS.
244 fed. ..73 8 00
Chicago Live Stock.
Chi.sgo, March 23 Cattle Receipts.
9.000: generally steady; packing steers.
10 CO-bulk, J3. 75810.00; fat cows and
heifers mostly. J3.75; canners and cutters
largely, $3.004.50; bulk bulls. J6.2BS6.25;
calves uneven, steady to lower: bulk veal.
jars to packers. J10.no i 10.50.
lit. neceipis. :t,,ctiu; opened 25c to
5f'c lower: mostly 26c to 40c lewer on
heavies, others 60c to II lower than ye
terday'a average; heavies closed active,
others weak: holdover moderates bulk.
200 pounds down, tl0.26ll.06; bulk 220
pcutids up, IS UijlOOO; pigs, 60c to 7io
lower; bulk desirable, 90 to 120-pound
weight, H0.6n10.85.
Shfep and Lambs Receipts. 19,000;
killing classes moslly about steady; lambs
top, 110.76 to shippers; packer top, 110.60;
irlme 78-pound shorn lambs to city butch
ers. (10. 20; bulk fat wonled lambs. 9.50i
1'"'.00; 106-pound wooled yearlings, 18.25;
9"-pound shorn yesrlings. J7.25'; no choice
bandy ewes here, bulk, J5.50(,25.
Kansas City Lire Stork.
Kansas City, March 22 (U.I 8. Bureau
of Markets.) - Cattle Receipts. 7.009
head; beef steers, mostly J5c higher; top,
110.00; bulk. 18.5089.25; 1 loads 1.030-1K
Texans. JJ.no; shs stock. t5640o higher;
best L280.1b. cows, 17.76'. many choice
lots, 7.25$7.B0; baby heef heifers and
sters. 19 10510.60; good heifers, 11.50:
calves, mostly 0e higher; best vealers
110.00; canners, djtl snd steady; bulla
and feeders, strong to J5o higher; choice
70-lb. stockers. 18,78.
Hogs Receipts, 6.008 head; market veVy
uneven; heavies, !Sr.(c lp,v; 200 to
SlO-lb., averages 110.60; bulk of sales,
9.73$10.80; pigs, steady; best 111.50.
Sheerj Receipts, 8. 500 head: market
stesdy to 25c hlghr; S4-lb. Iambs. 110 00
10 head 50-lb. spring lambs. 114.50.
. - '
St. Joseph Lis) Stock.
St. Joseph, March ?2. Csttlee Reoelpts,
1 100 head; market active, mostly 25c
higher; steers. I7.0T10.06; cews and heif
ers. J:i.0"i3.2S: calves, Ji.nnwjoo.
Hogs Receipts. 2.40O head; msrk-t
opening steady to 10c lower; top, 119 45:
bulk of sle. 110.40.
Sheep Receipts, 4,000 head; rnsrUet ;5e
higher; lambs, 19.25010. 25; ewes, 15.001
8 00.
l.inwd .OH.
Duluth, Minn., March 23. Ltnee en
track ajut arrive, li."ke
By ALEXANDER DANA NOYES.
Chicago Tribnne-Oinaha Bee Leased Wire.
v.... vi- ni,.-u ) t,u
tling of slackened activity, today
brought an irregular movement on
the markets in which foreign ex
change rates yielded fractionally,
call money again held below 7 per
cent all day and prices on the stock
exchange advanced. The money rate
did not vary from 61-2 per cent,
which was lower than' the prevalent
rate of two months past, but high
er than that at which business was
done today.
But the money market has ceas
ed, for the time at any rate, to exert
any great influence even on the
stock exchange. No doubt a decline
in rates to 5 or 4 per cent would
cause recovery in prices, just as tjic
rise in rates to 8 and 9 per cent serv
ed to check recovery last month or
in the autumn. But at the moment
such influence is hardly perceptible.
Prices Fluctuate.
Todsys' stock market again presented
nothing to view except, the alternating
experiments on tha selling or the buying
side of what sppeared to be several groupH
of professional speculators with divergent
Ideas. Under such circumstances, prices
declined at the start, recovered rapidly,
lost part of the recovery and ended with
advances for the day In tha large majority.
Two or three stocks closed with consider
able net declines, but a much larger num
ber ended 2 to 3 points higher.
The moderate reaction In foreign ex
change left most rates where thoy were
two or three days ago. Exchange in Ber
lin went back to last week's levet. Wall
street again talked of the Sflcsian plebis
cite as un influence which was probably
superfluous. A derraso of 42S.000.00fl
marks in paper circulation, hs shown in
the German banks, weekly statement
brought the outstanding lota! 1,300,000.000
marks below lieceinber 31, but tt exceeds
that of March, 1920, by 25.000,000,000
marks, or nearly 59 per cent.
Decrease in Kv ports.
' Today's statement from AVashington of
our exports of agricultural conimotllt lea
last mouth, throws some, light on the fig
ures of February's total forlegn trade.
rubllshed last week. It then appeared
hat total exports hud fallen heavily, the
decrease from January being J165.000.0OO
and the decrease from the preceding Feb
ruary 3155,000,000; the month's total ox
ports being, in fact, the smallest since June
of 1918 and far below the monthly aver
age of any year since 1916. The separ
ate figures now given for last month's
export of cotton, breadstutfs and oil show
a combined decrease of 358,900,000 from
January and of J81.O00.0O0 from February,
1920.
This would mean that all other exports
last month were 1106.000.000 smaller than
the month- before and J74.OO0.0O0 smaller
than in 1930. Of such a decrease, outside
of agricultural products, no previous
monthly statement has given any sign. It
would mean apparently that the long pre
dicted shrinkage in manufactured exports
has begun. Exporters familiar with tho
actual outward' movement, have been at
J 1(,s 'o understand why Washington's
foreign trade statement did not reflect it
several months ago.
New York Cotton.
New York, March 22 Liverpool was one
cf tha chief early buyers, presumeably to
cover straddles, and when the support
from that source slackened the marked
turned easier under scattered southern
stlllns and liquidation, to within 9 or 10
points of last night's closing quotations.
A good deal of covering took place In
tho New Tork cotton market this morning
as a result of strong and generally more
favorable Manchester news. Wall Street
and Liverpool, with room traders, were
active buyers, and prices responded 15 tn
42 points, led by March contracts. The
undertone was well maintained after the
ppcnlt'g.
w York Sugar. f
New Tork, March 22. Tha local mar
ket for rag sugar was more active todav,
prompted by renewed talk of an increased
tariff on sugar. There were no changes
In quotations, which are quoted 'it Sec
tor Cubas, c. i.f.. equal to .27o for Cen
trifugal. . The day's business included
10,000 tons of old crop Cubas through th,r
committee at 5c, cuet and frieght. whilo
in the uncontrolled sugar there were sales
of 2,600 tons of full duty afloat to Canada
and 1,500 tons of Philippine inland Cen
trifugals, and 64.400. bags of Porto Ricos
to local refiners, all at equal to ffi27c for
Centrifugal.
Sioux City Live Stock.
Sioux City, March 22.- Cattle Receints.
1,800 head;' market killers, 55c higher:
stockers, steady;-fed steers and yearlings.
38.50ii9.75;iat cows and heifers, 5.noifi
8.00; canners, 32.25W4.0fl: veals. J6.00
10.00; feeders, 38.00fi)8.00; calves. Jo.oOtjJ
8.00; feeding rows and heifers, 31.00
6.25; stockers, 85.00(37.60.
Hogs Receipts. 6,500 head; market
shippers 10J15n lower; packers, bidding
3850e lower: light, 310.0010.33; mixed.
19.60 9.90: heavy, J8.609.50; bulk or
sales. J9.0010.00. .
Sheep Receipts. 300 head: market
steady.
w Tork Dry Goods.
New Tork, March 22. Print cloths were
active today and prices were higher, sell
ing on a basis of 6jc for 64x61s. Other
cloths wee quiet. Yarns continued dull and
prices lofyer., Knit goods were selling in
moderate volume for fall deliveries. Job
bers sre anticipating principally on stsnd
ard lines of good qualities, but otherwise
are confining purchases to nearby re
quirements. Silks and btrlaps were quiet. '
Bar Silver.
New York. March 22. Bar silver. 95 4c;
foretgn, 8t4c; Mexican dollars, 444c '
South Side
2 Small Boys From Kearney
Nabbed as They Seek Room
When accosted by Patrolman
lialunus at a rooming house at Twenty-seventh
and L streets at 10 Mon
day night twe small boys said they
were looking for a room.
Asked their names, they said they
were Donald and David Warden. 10
and 11 years old, respectively, of
Kearney, Neb, They said they had
; come to Omaha from Kearney Mon
day afternoon, but stubbornly re
fused to answer quest-ons put to
them by South Side police officers.
They were given over to juvenile
authorities, who took them to River
view home, pending wore from their
parents at Kearney.
Burglary Suspect Held
Suspected by detectives of being
responsible for the burglary of the
Silverman Furniture store, 2S10 N
street, last week, when several rugs
were stolen, Joseph Hajnes, 1409
North Twenty-sixth street, was ar
lested Monday night on the South
ide for investigation.
Brew in Home $100
Mike Balku. 4800 Y street, was
fined $100 in South Side police court
yesterday for illegal possession ot
12 bottles of home-brewed beer, ISO
quarts ofcmalt and 12 ca?es of hops.
South Side Brevities
Illinois cnsl. 111. Howland Lumber A
Coal Co. Phone 6o. 1814.
A. P. Consway. palntlnf snd psper
hsntlnf. Phone Tyler 33S4. 2222 Vinton
street. Adv. "
The Omaha Bee South Side office Is now
located In Philip's department store at
24th and O streets.
Vslnf profane language promiscuously
at Twenty-fourth and M streets Sunday
evening. Thomas Lonsrgan,. Twenty-sev-Sjnth
and R atreets. aa arrested snd fined
11.50 In South Side police court for in
toxication and disorderly conduct.
South Omaha. Pleasure club is planing
to entertsiu a Isrge crowd at their Easter
hall, Sunday. V. rch 77, at Vnton Hall,
Twenty-fifth and M streets. Handsome snd
expensive door prizes will he given. Lee s
popular and special dancing orchestra will
be there with bells on. A good time for
each and every en who attends. Adv.
Range of prices of the lesdlng stocks
furnished by Logan & Bryan, Peters
Trust building.
High. Low. Close. Close.
S0 sMs 80S '
3SV .12-H 32S S2'4
113 112"t 113 11 1
TOW fl!, 70, 69
5', 68'! 68 t Si's
. 12'i lt ,13 13
74 731, 74V, 731,
8K' S6U
2' 2 '4 3V4 2
. 2."S 2H 23 22
. 17S, 17 17s 17
. i;. 15 IS 154,
. T3 7' 78 77
. 03 1, 60 l, 63 6"'4
35, 34t 8614 35'.-,
67, 6 67, 67
251, 26'., 25U tt's
74 73 , 74 Si 73 -i
A.. T. S. V
Bait. e Ohio I. ....
Canadian Pacific.
N. V. .Central .
Ches. . "hlo
Krio K. R
i;r. North., l'fd...
Illinois Centra! . . .
Mo , Ksn. Tex . .
Kan. City South..
Mo. Pacific ... .
N. Y., N. H. II.
Nor. P'-.flc Ry.
Chi. & N. W
Reading Co
C. R. I. & P
South. Pacific Co
Southern Railway 3.0l
20 4 20 4 20 4
24 244 24
Chi. Mil. St. T. 24',
Union Pacific
..116 Hfi'4 1164 1164
Wabash Tt 7', 7 V,
STICK 1.9.
Am. Car & Fdry..l22i 122 122t;
Allls-Chalmers ... 36i 3' .16,
Am. Loco. Co StV, 85 SS
T'td. Alloy Steel
Unldwln Loco. ... . f,( 88",,
Tteth. fiteel 57', 66', 674
Crucible Sieel ... 89V 86W 88V,
Am. Steel Fdry... 30 29' 29',
Lackawanna Rtl. 52H 6-2 624
Mldvslf. Steel ... SO'i 29 30V
Rep. lion-Steel :. 67 65V, 67
Rv. Steel Spring . S7 86 88
Slos.s.Shef. St I. .. 41' 42 42
U. S. Steel 81'4 80 81,
COPPERS.
Anaconda Cop. .. 374 37 37
Am. Smlt -Rfg. .. 39 38T, 334,
1-tutlu Sup. Mln
Chtl Copper Co.. 10 4 10 104
Chlno Copper '.04 204 20',
Insp. Cons. Cop... 324 324 334
Kenne. Cop 18 1S 18
Miami Cop 177, 174 174
Nov. Cons. Cop... 9T, 9, fit
P.nv Cone. Cop 12 12 12
Utah Copper .... 49 48 4 49
INDUS! RIALS.
Am K.r-t Sup 4.1 43 43
A. O. & W. I. S. S. 36 , 33 4 36
Am. Int. Corp 46'i 444 45
Am. Sum. Tob.... S0i 78Vi 80
Am. Tel. & Tel. .100 99', 100
122
3.14
86
81 4
87
664,
88
29 4
52 4
29!,
66
874
42',
81
374
39 4
134
10
204
32 4
184
17',
4
13
484
42 ,
334
44'j
79 V,
100
k
t94
77
41
24
694
41
73',i
15?,
135
1W
134
37 4
10
'684'
1184
67
33
414
15
6Vi
144V,
IS
S3
74
104
70 4
814
63
73
94
22 4
774
344
69
474
64
414
22 V
30
414
47
66 4
Am Zinc, Ld. 8m
Brook'n Rap Trail 14
Tlethlehem Motors 3 4
Am. Can Co 294
Chandler Mot. Car 78
Central Lthr. Co... 41 i
Cuba Cane Sug Co 23 H
Cal. Pack. Corp
Cat. Pet. Corp... 42 4
Corn' Pdcts Rfg Co 744
Nat Knam, Stump 154
Gen. Electric Co.. 137
Gaston W.-is, Wig 1 4
Gen. Motors Co... 1:!,
OSoodrlch Co 38
Am Hllle, Lthr Ot 9 8
Haskell. Btkr Car 57 4
I". S. Jnd. Alcohol 684
Inter. Nickel 16
Inter. Pa.per Co... 67
A.iax Rubber Co. 31
Kelly-Spr'f'ld Tire 42 4
Keys'ne Tire. Rub IS'i
Maxwell Motor Co. 5;
137,
3
29 4
76'.;
404
22v
'404
734
154
135
14
13 4
37
574
684
144
67
33
41
15,
13 4
34
294
774
40 Vi
83Vi
"fh"
744
154
137
1,
134
38
94
67 4
69
15
67
33
42
l'i
64
6.
Mex. Pet.
Middle States Oil
Pure Oil Co
Willys-Overland
Pierce Oil Corp. .
Pan-Am. Pet.-Trs
Pierce-. Arrow ....
Kcyal Dutch Co..
U. S. Pubber
Am. Sug. Rfg. ..
Sinclair Oil
Sears-Kcebuck ..
Stromsberg Carb.
Studebnker
Tob. Pro. Co. . . .
Trpna-Con. Oil .
Texas Co
U. S. Food Pr...
IT. S. Sm.. Rfg...
M6', 142i 146
13
124
13
. 33 4
. 8
. 108,
,. 704
. 334
. 4'4
. 724
94
n
. 77
35
73
. 47
. 8
. 414
. 22.
. 30
32',
7 4
104
69
8114
62
714
93'i
224
724
33 4
684
46.
8
41V4
21 4
2d
404
474
664
33
8
104
704
33 4
644
7114
94
23
' 744
'35
72
464
8 4
414
22.
291
414
474
6714
White Motor Co.. 414
West. El. Mfg 474t
Airier. Woolen ... 67s
Total sales, 646,100.
CIse Mon. C'lse
Money .
Marks .
Sterling
..64 6
.. .0181 .01834
..3.91 '4 3.91 'i
Foreign Exchange Rates. ;
Following are today's rates of ex
change as compared with the par valua-
tmn.
rurntened by tne Peters National
bank
Par Val. T'day
30 .0034
196 .0730
.... .0138
27 .1745
....4.88 3.9150
193 .0893
Auslrln
Belgium
Crecho-SIovakia
Denmark
Knglar.e.
Trance
Gernisny '
dreeee
Italy
JugU'HIbvIa
Norway
Poland
Sweden
SwIUetland ....
238
H5
.... .195
.0164
.0765
.0387
.0074
.1610
.0015
.2345
.1730
.2t-
.27
.195
Liberty Bond Prices.
Now Tork. March 22, Prices of Liberty
hands at noon yere: 3 its, 90.40; first' 4s,
87.2U; seconds 4s, 86.80 bid: first 4's,
S7.30; second 4Vs, S3.S4: third 4'4s. 96.14;
fourth 4's, 87.12: Victory 3,s,t 97.30 bid;
Victory 4is. 97.34.
Liberty bonds closed today: 34s, 90.60;
first 4s, 87.26; second 4a, 86.82; first 4s,
87.20; second 44s, 80.84; third 44s,
90.08; fourth 44s, 87.04: Victory Sfcs,
87.30 bid; Victory 4s, 97.30.
Omaha Hay Market.
Hay Upland prairie: No. 1, 511.50
12.50; No. 2. I9.00ll.00; No. S, $7.00
8.60. Midland: . No. 1, I10.50ll.60; No.
2. 8.5010.50. Lowland: No. 1, 18.00
9.00: No. S. $7.008 00.
Alfalfa Choice, J20.00lff21.00: No. 1.
$17.00 19.00: standard, 1 2. 00 1 . 00 ; No.
2, 8. 50011. 00; No. 3. I7.008.0.
Straw Oat, $8.009.00; wheat, 17.60
8.00.
Chicago Potatoes.
Chicago, March 22. Potatoes Market
steady; receipts, 69 cars; white, sacked
and bulk, 4 1.0(1 (jl. 16 cwt.; Minnesota and
South Dakota Early Ohlos, tl.Si91.33
cwt.; Minnesota and North Dakota Red
River Ohlos, sacked, $1.60 1.60 swt.
tondon .Money.
London, March 22. Bar sliver, 34 4
pence per ounce; money, 6 per cent; dis
count rates, short bills. 7 per cent: throe
months' bills. 6 4 per cent.
These suits will be sold only to patrons and not
to merchants. No telephone orders or mail or
ders. Come and see what Philip's offers at
$5.98, in sizes from 3 to 18, in wool serges and
worsted, light or dark. These suits. were .regu
larly sold up to $15.00.
Boys' waists, ages 6 to 15, in plain white and
black sateen and blue chambray, also in CQ
fancy stripes at
Twenty-fourth and O Streets
Ask for Green Trading Stamp They ara Given
I March 22, 1921.
Grain arrivals today were light.
With a considerably lower future
market diijng cash tratlinc all grain
prices suffered declines. Wheat was
off 2 to 5 cents, No. 1 hard at the
extreme decline, torn was 1 to
2'j cents off, and oats 1 to 14 cents
lower. Rye was off a cent and bar
ley 4 to 6 cents.
While there wa some export in
ptrs sa.v sptrj Aepo jvsq.w joj A'jtnl)
to be out of line. Weather condi
tcJns over the grain belt Tuesday
showed generally unsettled tempera?
turrs below the seasonal average.
Sections of the Ohio ad Missouri
valleys had good rains during the
night and northwest Texas was given
a good soaring late Monday. The
set-back in May wheat today carried
the option to the lowest since 1910,
wheat.
No. 1 hard: 4 cars, I1.4S.
No. 2 hard: 3 carsa, $1.45; 1 car (ssmut
ty $1.40.
No. 8 hard: 2 cars, $1.40; 3-8 car (very
smutty) $1.81.
No. 4 hard: 1 csr, (loaded out) $1 37;
1 car, $1.36; 1 car, (very smutty) $1.33.
No. 6 hnrd: 1 car (smutty) $1.34: 1 car,
(smutty) $1.32; 1 csr, $1.82.
No. 2 spring: 1 car, (dark northern,
heavy) $1.65: 1 csr. heavy northern) $1.1,2.
No. 3 spring: 4 car, (dark northern)
$1.60.
Sample spring: 1 car, (dark northern)
$1.08. ,
No. 2 mixed: 1 car. $1.34.
No. 3 mixed: 1 car, $1.29; 4 car (dur
um) $1.29.
No. 4 mixed: 1 car, (durum) ii.3z; i
car, $1.29.
No. 6 mixed: 1 car, (durum, smutty)
$1.30.
Sample mixed: 1 ear, tl.OS.
COtttf.
No. 3 white: 1 car, 63c.
No. 3 yellow, 1 car, 62c.
No. 3 yellow: 1 car, $1,614; 4 cars, 61c;
3 cars, 604c.
No. 4 yellow: 1 car, 60c; 3 cars, 49',.c.
No. 3 mixed: 1 car, 61c; 1 car, 60 4c.
No. $ mlxeed: 1 car, (near yellow) 61c;
1 car, 60c; S cars, 49 4.
OATS.
No. 2 white: 1 ear, 884c; 3 cars. 38c.
No. 3 white: 4 2-5 cars, 38c; 2 cars. 37 tic.
RYE.
No. 2: 1 car, $1.33.
No. 3: 1 car, $1.32.
Sample: 3-5 car, $1,30
BARLEY.
No. 3: 1 car, 65c.
No. 4: 2-6 car, 48c.
Rejected: 3-5 car, 45c.
Sample: 1 car, 62c.
CHICACIO CAR LOT RECEIPTS.
Today Wk. Ago Yr. Ago
Wheat 85 72 33
Corn 397 400 218
Oats 144 146 140
KANSAS CITY CAR LOT RECEIPTS
Wheat 97 82 114
Corn 25 48 18
Oats 6 7 4
ST. LOUIS CAR LOT RECDSIPTS. ,
Wheat 82 78 39
Corn 65 83 65
Oats 31 67 36
NORTHWESTERN CAR LOT RECEIPTS
s OK WHEAT, i
Minneapolis ....129 219 173
Duluth 32 41 6
Total 161 2ii0 178
Winnipeg 4BI 525 , 318
Omaha Receipts and Shipments.
T'd'y Wk. ago Yr. ago
15 14 63
30 46 123
8 14 23
, I 3
Wheat
Corn
Oats
hye .
Hurley
3 4 1
SHIPMENTS.
T'd'y Wk. ago Yr. ago
Wheat 69 , 7 25
Crn 47 96 41
Oats 13 8 u
Rye 1 7 6
Harley 0 0 1
, CHICAGO CLOSING PRICES.
Updike Grain Co. Doug 2627. March 22.
Art. I Open. I High. Low: Close. Yea'dy
Minneapolis Grain.
Minneapolis, March 22. Flour Market
unchanged.
Bran $23.00.
Wheat Receipts. 129 cars compared
with 17J ears a year ago. Cash No. 1
northern, $1.53 i 1.68 ; March. $1.36;
May, $1,374.
Corn No. 3 yellow, 60 4 61 4 c
Oats No. 8 white, 354 36 4c.
Barley 41 fl SJ 66c.
Rye No. 3. $1.3901.40.
Flax "No. 1. $1.724lf 1.75').
St. l.ouls Grain.
St. Louis, March 22. Wheat March,
$1,484; May, $1,424
Corn May, 66,c: July, SS'seSVc
.Oats May, 41io bid; July. 42.c.
Kansas City Grain.
Kansas City, March 22. Wheat March.
$1.44; May, $1.36.
Corn May(i674e; July, 61 5,c;' Septem
ber, 6454c, t
' I,ondon Metals.
London, March !2. Standard copper,
68. 2s, d. Electrolytic. 70. 15s. Tin.
Hf. 2s. 6d. Lead, 18. Zinc, 26. 2s. 6d.
EXT
Wht. I I I
Mar. 1.83 1.54 1.49 1.62 1.624
May I 1.42 I 1.4SUI 1.S9 1.43 1.42
Rye I I
May 1 1.35 1.37 1 . 3. 3 i 1.364 1.S6
July 1.14 I 1.16 1.13 1.144 1.134
Corn III
May 6541 664 64141 654 654
July 684 69,, 674 684 684-
Sept. 70s 71 I 694 70. 70,
Outs
May 404 49'Jil 39i 404 40ft
July 434 42Hi 414 424 42.
Sept. 42s 424 424 424 424
Pork
May 20. 5U 20.50 20.6Q 20.50 20.90
Lard
May 11.90 (11.90 11.67 11.77 11.80
July J2.16 112.20 11.97 13.05 12.15
Ribs
May 11.67 111. 87 11.50 lit. 40 11.47
July 11.85 111.87 111. 60 111. 67 11.85
Pre-Easter Sale
The pre-Easter rsale is going full swing- at Philip's big store. This
sale is a continuation of the policy of this store. The policy is giving
our patrons the right kind of merchandise at the right time and at
the lowest possible prictj. v
W invite you to tee our window for value and prices.
It will satisfy you and everyone to know that the Philip's Store is the
greatest value-giving store in Omaha.
600 Boys9 Suits on Sale at
$5.98
st
' By CHARLES D. MICHAELS.
Chicago Tribune-Omaha Hve Leased Wire,
Chicago, March 22.- Lowest pricrr
of the season were made lot .May
wheat and oats and during the great
er part of the day there was every
thing to depress and little on which
to base operations for an upturn!
The selling pressure was troni liqui
dators and short sellers who over
did it on the break. A change came
unexpectedly in the last hour, which
made it unpleasant for the bear in
terests and caused heavy buying and
a bulge of over 4c on wheat, and lc
on corn, while osTts followed a larger
decline early.
The finish was at net losses of jC
on March wheat, while May gained
lc. Corn was off c to 5c, oats
unchanged to '$C higher, rye, -c to
ViC higher and barley .14c lower. In
provisions, the finish, was at inter
mediate prices with pork 50c lower,
lard IVi to 10c lower and ribs, 7jc
to low?r,a
Omaha Morlet Iicr.
Omaha 5c and Kansas City 1 to r lower,
cc mblned with favorable crop reports from
all sections, were the- ni:,n depressing
factors. The weakness and u.cllne In cash
wheat came from rcpjrts of a slack do
msnd for milling and export, rather th.an
from pressure of offerings, ss the receipts
showed a good dcclin,, from a week ago
and wore under' last :,car for this time
in pome months, th" prlirorles having
677,000 bushels, w hile s.iipmems wers 766,
000 bushel.
May corn was down to 614 or within
4c of the season's low. It srowed a drop
ot nearly 2c from the early high. At the
last, sales were at 66' to 65'ic the rally
being due to profit taking on short sales.
Oats were weak with wea'her and crop
reports bearish. Seeding 's wall along
and the crop is doing weli, with .Indies-.
Hons of a liberal ucrt-ago beir-g put In.
Profit taking was the mailt support at the
last, after the liquidators a. id iorts had
finished the bulk ot their soling. Cash
prices were 1 to 1i0 lower with sales of
100.0(10 bushels. Arrivals wfre 49 cars.
Now Yorkers bought Ma:' rye and It
cli-sjcd within 4c o! top. ExTort sales
wfre 2.1,000 bushels At 2 ner cent over
May. shipment in 3 dnya.
nt Not eft
Action of tha wheaty market showed the
effect ot weak specu'itivo situations and
liquidation which rurrled March' down to
$1.49, or within 2 cents of Ui lowest of the
crop, while May is soiling st $1.39 and
made a new low. feature was the
absorption of the offerings on the break
b.- houses with' scahoii.'d connections, the
bulk of the Mav being secuod st around
$1.40 It was for large local Interests and
for the seaboard aga'nst old exports sales
which were placed after :he close at
600.000 bushels. The trndo started to
cover at the last, sendlrg prices up
sharply and making a clos - around the
top of the day, $1.424 to $1 for May.
Pulling orders for March wheat were
well distributed among the commission
he uses and attributed to the. local Inter.
Jits, who sold March openly and bough
May at 9 to 12c difference At the last
ihe trade was said to be well
The corn market was big with "auld
tlon and pressure, with nothing to buy
on cvept the low prices. Cash demand
was fair, with prices 1 to 2c jwer and
txport sales 24.000 bushels white while
en 000 bushels were for domestic use part
being white. Receipts havd?creaBd.;"d
t.rlma'ies were 891.000 bushels and shlp
mr'nls 917,000 bushels, with loard
cl ataiiccs 'of 1,167,000 bushel. I.lqu Ida
ticn rnn its course on tho break, but
tlit-re was a lack of confidence at the last.
Armour selling early was regarded as i a
factor Elevator interests were taking the
low grades as usual, the Armour people
using other houses where there Is amp
storage room. The trade ho,S?vft. ,MJf
tho blow of the big elMator disabled by
the tecent explosion. .... phi
Premiums mi red winter w-hetvt at Chi
cago doclined 57c and hard winter 4J
2c ss compared with March, with No. 1
red f7c: No. 1 hard. 8c. and No. 2
hard, arch price, to 3c over. .Springs
were unchanged to lc lower, with dark
No 5 northern selling at 7it4o under
March. Receipts. 37 cars. .
There was around 35 cars of Omaha No.
2 hatd winter today, on which 40 over
March was refused recently that were
said to have brought only 4c over today.
winter at St. IOUlS was
ixiuis was t'U""
higher and diard winter lc lower with
Tnd7rhae. MT"
ntapolis premiums wore unchanged.
New York toffee.
New York, March 22. Reports of an
Improvement In, Rio exchange rates and
a higher Santos market were followed by
advances in coffee futures here today.' It
looked as though scattering long accounts
had been pretty welt liquidated on tin
reaction of approximately half a cent from
the recent high prices and offerings were,
light during the earlier trading. First
prices were 20 to 27 points higher and
active months sold 30 to 32 points above
last night's closing figures during tho
morning, with May touching 6.(ilc, com
pared with 6.61c, ths low of yesterday.
This bulge met renewed realising, how
ever, and May eased off to 1.78c in the
late trading, with the market, closing at
a net advance of I to 18 points.
Closing bids: March, 6.62c: May, 6.77c;
July, 6. 16c; September, 6.50c; October,
6.63c; December, 6.90c; January. T.ti-'c.
Coffee Spot, steadier; Rio 7s. 614c
64c; Santoi 4s, 9 4 10c.
Turpentine and Rosis.
Savannah. Ga.. March 22. Turpentine
Firm, 47 bbls. ; sales, 114 bbjs. ; receipts, 80
bbls.; shipments, 13 bbls.; stock. 6,616
bbls.
Rosin Nominal; no sales; receipts, 4i
casks; shipments, 3 casks; stock, 70,125
caks.
Quote B. D, E. F. C, H, I, 14.25; K, iM,
$4.35; N, $4.60; WO, $4.76; WW,. $5. 00.
Chlcnjro Produce.
Chicago, March 22. Butter Higher:
creamery extras, 43Hc; standards, 42j.
Eggs Higher; receipts, 57,434 cases;
firsts. 2523"Ac: ordlnsry firsts, 20Bilc;
at mark, capes included. 22S22Hc
Poultry AUvo. hiahcr; fowls, 37c;
springs, 35c,
RA-
While They Last
Boys' neck band dress shirts, just like daddy
wears, in white or fancy percale, sizes qq
12 to 14, special for Easter sale at ivOC
Caps -for the little boys in CQ, 7X
fancy patterns at 05C and OC
Union suits, made by the Globe Manufacturing
Co., with trouser seat or drop seat, every garment
guaranteed to give you absolute satisfaction,
in sizes 4 to 18, QQ fc - CH
,nd f X eUW
South Omaha
With Each Purchase
The following quotations furnished by
ths Oivisha Trust cunpany:
rrice ap. i in.
Aineucah T. T. Co. . 1923 97 4
;.6o
sniir. T T. Co 6. 1914.... SO
7 60
I 07
Anatcnda I9 H4
Armour 7s. 1 9:10
ltclr.sn tiov I ss. 1911 98
l.nltliii. liin't T'ss. 194.4. 96H
lU-thl'heiri Stcd 7-, 1923.... 994
Kothlvhem .steel 7s, 1(23..... 974
British 6',s. in?? "5
lliitlsh 64s, l"n 9
Hr.tuh 64e. 1"37
G. 1). A ',' .It.' 4s, 1921 9S'i
C 4 C. AV St. I.. 6s. 1929 884
t-hrlKllsna 6" !'' I
Cudahy r'scklng t o. 7s, .1921 9s'
t-enmark -. tK'
French tlov. Ss. 19!.. 99
TV K. Goodrich 7s, 1925 894
Jap. Gov't 1st t',s, 1925 62 4
Jhpanac tlov t 4. I9'1 64 4
Mcrris Co. "4s, 1930 98.
Norway (a, 1940
North. Pell. Tel. 7s, 1941 97 4
V V. Central 7s. 1930 1'M
Pcnu. Tt. II. Co. 7s. 1930. . ..H'24
Pniilh. Pell Tel Co. 7s. 1926. 9H4
ftwe.llsh llov't 6s. 19S9 80
Swift A- Co. 7s, 1925.... 964
Hwlsa Ho't It. 1910 1034
I . P. Rubber 7 Hi. 1930 ion'4
Westlniihuuse Hire 7s, 1931 .. 99 4
7 SI
7 60
(
s ?
7.1 I
6 l.i
I 1 64
S.0I
5 4J
S.M
VIIT
111 7
9 91
9 71)
7 6
8.08
7.27
H.S.l
6 7S
N (1-1
HIS
7.SS
7.65
J 4
7.13
rtonds.
Th following quotations are furnifhed
bv I.ogan Bryan, Peters Trust building
Am. Pmelt. & Ufg. 6s 774ft
Am. Tel. Col. 6s. 1916 SI, 814
Armour 44, 1939 ' "
II. & O. Ref. Ss. 19.i 67 4 (ft OS
Baft. Ovt 44. 19.:.' '. 664
Cal. Gas. Unl. 6s .1917 84', a &
'.. M. St. P. lien. I1!'. I9I12 C 5
t. M. ft. P. tlen. ii Ref
44s. 2014 : 60 W 1,1
f II. T. P. Ref. 4s. 1934.... 66 4j! 67
I. - Ft. a. Cot. 4s, 1936 :' 64
Ot. Nor. 44s. 1961 79 tf 1
III. Central Joint 5s 1933 74'jW 75
Mo. Pac. Ref. 6s. 1923 '
Mo. Pac. Ref. ., 1926 83 W "
Mo. Pac. Hon 6s. 1975 774
Rio Grande W. 1st 4s. 1939... Hti 6:1 i,
Sa. U & H. V. On 6s. 1927... 86 4 ifi) 90
St. I S. P. P. T.. 4s. 19,10.. 6H4W n;
St. T . SI. V. Adj. 1955 47 Or 474
St. T S V. I iv. 6s, I960... 17 o7 ,"4 4
S. T. - S. V. Inter 6s. 1962... 6:i'i 64
Wilson 6s, 1941 88 '. 4
K. C Sou. 6s, 1959 74 4 74 4
C. O. W. 4s, 19.19 t.0',r 61
flea Bat 4s. 1989 17 4 (Si 34
Colo. Southern 44s, 1933 13',,? 73
C. & O. 6s 82 (if 82 1;
T. R. T. 6s 64 4 54,
Hud. & Man. Ref. 6s 04 4 o
New ork C urb stock.
The following rpiotatlons are furnishe-,1
by l.ogan ,v Firyun:
Allied oil
. 1 1
. 64
I
. 1
. S'v
... IS
. 8',
1 '
. 1 4
4
1 -.13S
, 10
4
!"lH
12
P.oston Montana
Unston Wyoming
Cresson Gold
Cosde-i Oil
Consolidated Copper ..
Elk Basin
Federal Oil .'..
Olenrock Oil
Island Oil
Merrlt Oil
Midwest Refining Co....
Silver King of Arizona.
Fapulpa Oil .. . .
Simms Petroleum
Tonopah Divide
U. S. Steamship
IV S. Retail Candy
White Oil
1 H-1.
9
I
124
14"
w York Bonds.
The following quotations are furnished
by I.ogan & Rr.van, Peters Trust building:
A'ffhlsnn tlen. 4s 76 SO
H. ft O. Gold 4s
Heth. Steel Ref. 6s
Cent. Pacific. 1st 4s
C, B. & Q. Jt. 4s
C, M. & St. P. (Jen. 4 4s.
C. & N. W. Hen. 4s
L. & N. U. 4s
New York Ry. 4s
Nor. Pac. P . L. 1b
Reading Gen. 4s
U. P. 1st. 4s
U. S. Steel 6s
IT. P. 1st Ref. 4s
S. P. Cv. Fs ,. ...
S. P. Cv. 4s
Penn. Con. 4 4
Perm. Gen. 4 4s
C. & O. Con. r,s
68 US 4
801, .l
724 -"-;
S74 '
;5', 654
74' "6
814 S2 4
184 23
75 4 ;
so so 4
so 4 n
95 So 4
76 Tie,
92 "4 4
78i 78
864 874
784 78-4
82 '12 4
Chicago (Stocks.
The following quotations are fu-nished
by Logan & Bryan:
Armour Co.. pfd 91 4 9 91'4
Armour leather Co., common 124g 124
Armour Leather Co., pfd. ... 85 ip 86
Commonwealth Rdlson Co. ...108 fl.108
Cudahy Packing Co., common 61 64
Continental Motors US 64
I.lbby. Mc.Voll Llliby 104 l"1
! Montgomery Wsrd Co.
y wsra to I't-xw io-tk
N'nllonal Leather 8 4 B 4
Reo Motor Car Co 214 214
Swift & Co Hit ff 101
Pwlft. International 26 ?) 2i4
Union Carbide & Carbon Co. 63 63
New York General.
New York, March 22. Flour Easv;
spring patents and Kansas straights, $8.16
8.60; spring clears, $6.007.00; wintor
straights, $7.85$-8.26.
Wheat Spot, barely steady: No. 2 hard,
$1,70 4: No. 1 Manitoba, $1,864 c, 1. f.
track; No. 2 mixed -durum, $1,614 c- 1
f. to arrive.
Corn Spot, easy; No. 2 yellow, 824c;
No. 2 white, S3o anil No. 2 mixed, 12c c.
I. f. New York. 10 days shipment.
Oats Spot, steaaV; No. 1 while, 54c.
Other articles unchanged.
New York Dried Fruit.
New York, Maroh 22. AppUs Evapor
ated, scarce.
Prunes Quiet.
Apricots Steady.
Peaches Steady.
Raisins Firm.
CREDITS COLLECTIONS
THE J.J.CAMERON CREDIT BUREAU
Known at the most Reliable and Efficient Credit Service
for all Retail Merchants
We have complete credit information on file and tivt PROMPT
reports to all Retail Dealers. 1
Our Collection Department
J'he Retail Credit Men's Association has Etablished a record as an efficient
and reliable Collection Bureau which can take care of your
collections promptly and satisfactory.
THE J. J. CAMERON CREDIT BUREAU
217-218 Leflang Building Telephone Douglas 7980.
RETAIL CREDIT MEN'S ASSOCIATION
, S17-Z18 Leflang Building Telephone Douglaa 2381.
GRAIN-
r
17E solicit your consignments
of all kinds of grain to the
Omaha, Chicago, Milwaukee. Kan
sas City and Sioux City markets
We Off er You the Services
of Our Offices Located at
Omaha, Nebrar-ka
Get in touch with one of these branch
offices, with your. next grain shipment
The Updike Grain Company
"The lieliable Consignment Home"
To Fill Ranges
Rfwluml Charges Do Not Ap
ply n Stock Shipped to
Market; Movement to
North Anticipated.
1 lie langcs of Montana, Wyoming,
I'tali ami western Nebraska, where
there now is a great shortage of cat
tle, are r xiH-ctrtiaJftsjall up again soon.
, reduction of J.i per cent in freight
rates on range cattle shipped north
from the ranches of the southwest
will he put in effect by the failrOads
April 1 ami continue until July 15.
This is a i estoratiou of the old rte
existing prior to August 25 of last
year ami will not extend to live
stock shipped to market for slaugh
ter, despite rarlier statements that it
embraced all stock shipments.'
Grass and feed is plentiful in the
tiortlvrn ranges, but owing: to the
hio,h freight rales and the tightness
of credit, ranchers have not been able
to make the usual transfer of stock.
Cattle taken from the hot outhern
states an brought north nuke a bet
ter growth than if left in theirown
country, and every year thousands of
head have been moved.
Bankers' Must Provide Credit.
The railroads have done their bit
in lowering rates, transportation offi
cials say, and it is now up to the
bankers to provide credit for financ
ing the purchases.
"Wherever range rates have exist
ed, the cut in freight has been made."
said C. .1. Lane, general freight agnt
of the I'nioii Pacific system, yester
day. "The saving on a single car
containing 30 to 35 head of cattle will
amount to close to $100 in .many in
stances. Here, for instance, is the
rate between Fort Worth, Tex., and
Hillings, lon. Before the cut
it was $373.50 a long car and, under
the new scale, will.be only $280. This
is a saving to the cattleman of $93.50
and when it is considered that many
of them move herds containing- as
many as 1,000 head, the lowered cost
is quite an inducement.
Move Through Denver.
"Most of the cattle will niovc
through Denver, and little,' if any,
will be routed through Omaha. How
ever, when the cattle are fattened for
slaughter, they will be sent to the
Omaha market by the' trainload.
Grass and feed is bountiful on the
northern ranges and there is room
for two and one-half or three times
as many cattle as are now there. It
is now a problem for the stockmen
and the bankers to meet. There u a
real shortage of cattle in this terri
tory and the ranges should be filled
up.
"Southern cattle have been bred
up in late years to withstand the
northern winters. The long horns
and the dobies have been replaoed by
the white laces. While the old mon
grel breeds would giv up in he face
of snow and storms, the white faces
are full of fight, a.nd if they don't
gt hay, will go out and die tip the
snow to find grass. The cattle coun
try tributary to Omaha needs thete
cattle, and the railroads are more
than willing to do their part to set
them here."
Fifteen Are Indicted in '
Gigantic Alcohol Steal
New Orleans, March 22. Fifteen
men were indicted by the federal
grand jury today in connection with .
the theft from the Kentucky Dis
tilling company's warehouse here,
March 5, of 3,000 gallons of 120
proof alcohol, valued at $114,000.
New York Metals.
New Tork, March !2.Copper Steadtar;
electrolytic spot and March. 12llSa;
second quarter, 12ielJo.
Iron Nominally unchanged.
Tin Steady; Spot and nsarby, Sl.SOjf
29.60c.
l.esd Dull; spot, 4.0e.
Antimony Spot, 6 3"tH.f0c.
7.lnc Steady; East 6t. Louis apot, 4.T
tfl t 85c.
Lincoln, Nebraaka
Halting, Nebraaka
Chicago, Illineia
Sioux City, low
Holdrege, Nebraaka
Geneva, Nebraaka
Dea Moines, Iowa
Milwaukee, Wia
Hamburg, Iowa
Kansas City, Miuevuri
0
NT
s
