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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (March 30, 1921)
THE BEE: OMAHA. WEDNESDAY. MARCH 30. 1921. Industrial Men Say Depression Is Now Passing Improvement in New England Textile Industry Improving Silks, Woolens, Shoes And Autos Liven. Market, Financial and Industrial News' of the Day By HOLLAND. It depends upon the point ot iev whether the record nude in the first of the spring months justifies the r pinion that improvement is under nay and will be continued tnrougli out the spring or whether business t ill lags, in some cases perilously rear stagnation. Those who main lain that the depression still prevails, appear to base their view upon inci dental or individual factors. On the other hand, those who take an en couraging view took at the situation as i whole. They are in that way per suaded that whatever the depression v.as the worst of it is owr. Sometimes when in conversation with those who are engaged in im portant industries, it is discovered that they base their souicwiut (It pressing view upon the falling price of petroleum and also some, lettint down in, the iron and stir! industry and especially the railroaJ situation. On the other hand, industrial lead ers speak in a general way of the reviving activities of silks, woolens, .shoes and automobiles. Improvement Continues. A man who is prominency idtn tiiied with the textile industry in New England stated this morning i. rit the improvement in that indus lr; while not very great, is never theless an improxement and the promise is good that it will contin ue. ITe spoke particularly of the great cotton manufacturing plant at 1'anchestcr, K. H., the largest of its kind in the United States. That plant is now running six days a week, practically full time. It was not running full time in the fall of last year. Qthcr textile factories are now octupied for no more than four days a week, but some of them ex pect to ituAase their activities soon ,o that they will be miming six rlavs a week. Th wonlim manufacturing Industry in New EnxlancT li now making satisfactory reports of Its condition. The Improve ment beaan early In th year and has continued althounh not rapidly or gr'at ly. Nevertheless It is Improvement, Tht in also true of the shoe manufacturing Industry and of others. . World-Wide liquidation. The liquidation represented by defla tion which benan in tills .country almost exactly a vear ago la not confined to th United States. Tt la world-wide. To It can he traced much ot ths depression which prevailed In this country last year. One of the authorities sums up the early aprlng situation by saying that after Kivlng due heed tn all the developments slace the first of January it Is undoubted ly correct to report that there is a con siderably more activity in mills and mar kets than was the rase In ' December of iast year. Nevertheless business Is still somewhat out of Juint so that the re covery althouah It is recosnized. is so far only a moderate recovery. , Many who j have given carerul study to tne euua tioa. however, say that tt is much bet ter for recovery to be moderate' but steady, than ludden and very active,, beaausu sudden recovery on a large scale Is usual ly follewed by a relapee. The beat opin ion seems to ke that there Is nothing in the situation as that exists In these early spring day to justify fear lest busi r,esa depression remain as acute as many believed it to be in . tno. summer aim ; autumn of last year. ., Governor Hrrrlek' Opinion, " Myron T. llorrick formerly governor of i Ohio and later ambassador to trance in he administration of President Taft. haa been spending several months at Honolu lu. Some of his ' friends In New York have recently received a report which con 'ains some, interesting opinions expressed by Governor derrick while in Honolulu. He admits for - Instance that there still remains much unemployment, and some industrial devres.ion but usserts that lie is confident that the financial solvency of the Culled States Ib assured and that the Inexhaustible energy and intelligence of American people can, b trusted to cope with the tatls which are ahead. Governor Herrtek spoke of France to his Honolulu friends and of various things which he learned when he, was in I . . . . - , . It. aal . V. Ua ! I convinced that France Is stable. "The frothlness of the French is all surface effervescence. At bottom the Trench are sane, courageous, logical. Vthrlfty and in dustrious. ..France harvested a bumper crep last year." v France Against Bolshevism. Governor Herrick told his friends that France may be relied upon, as a per manent barrier against bolshevlsm. The French -peeale do not want to ruin Ger many but they do esprit Germany te pay evry penny of her Indemnity or, at least to pay all ehe Is able to pay. Governor's Herrick's attention wa call ed apparently to the statement fre quently made that the money, power of the world haa shifted from Great Britain to the United States. Men of the exper ience 6f Thomas W. Uamont speak of United States as the ' creditor nation of the world and capable of maintaining 'hat position If we are awake to our opportunity. Governor Herrick, however, says that London continues to be the financial cen ter of the world. He evidently makes a distinction' between the creditor nation which we are now acknowledged to be and the real money power of the world. For h says that physically speaking New Vork Is now the depository of the world's financial assets but it takes more than money- te- make a banker: London has hen thinking so long tn terms of Inter national finance that it has become an inured trait of her national character. rho Hneltlh tin it bv rcf as action, so to term limited by our boundaries. Ap parently Gorernnr Herrick is of th opin ion that the United States has not yet 'st aside the provincialism which must be eliminated If we are to hold ourt own . Sioux City Live Stock. S:oua City, March 59. Cattla Receipts. ' 400; market slow. weak, fed steers and earllngs, i.60? 9.50: fat cows and heifers, M0?8.o0; eanners. Iltj4.0: veals. '$S.i)'S.0O: feeders. . 18. aogs.40: calves. 4o(ig8CO: feeding cows and heifers,- 3.76JS SC; Blockers. 6.00J.60. Hogs Rcceipte. 8,00ft head: market 40 to 60c lower: light. i.!G0t.n; - mixed, M.UJJ.H; heavy, j.008.6i; bulk of salts. tS.NSi9.25. Sheep Receipts, TOO head; market steady. Omaha Hay Market. Receiot of prairie hay hcavv and de mand only fair, which has caused prlcee to decline. Alfalfa receipts light and demand good en belter grades; market steady Lower grades of pralrla hay and alfalfa, slow salts. Oat and wheat straw, steady. Upland Prair.lc No. 1. Jtl.Oofc ;'.00; No. :. iM.ifrio.eo; No. 3. $r.eff.io. Midland No. 1, 810.008 11.00, No. :, 11.00 (It 0. Lowland No. I. 88.00tt9.00; .No. 2. 8;.0C SI. oo. Alfalfa Choice. $J0.?J.: No. i, l7.Pf IS.OO: standard. $12. 0"Si 16.09; No. -'. ti.ittU.: No. ; 87. onffs "0. Straw oat. S.O0ffMO. wheat. ;.i'.S e Live Stock Financial Omaha. March 38. Receipts Cattle. Hogs Official .Monday .!M 5,411 Estimate Tuesday... 8.800 14.300 Two days this week . 10,051 11.771 Same days last wk., 8.308 14.931 Same day 1 wk ago. IS .471' 19.041 Ssme day 8 v.k ago .19,360 23.778 Sumo day year ago. .IS. 837 35,117 Sheen. 11.651 14,000 2i.55J 20.854 as. 017 17,359 Receipts and disposition, of live stock at the Union Stuck Yards, Omaha Neh. for twenty-four hours ending at 3 o'clock p. m;, Jianli 29, u:i. IIECETPTS f ARS Oat. Hgs. She'p . M. w abash .... 1 ... Missouri Tacitic . . . Union Pacific .... O. & N . east - . . O. N. W . west l, St. P , M. i. . C, li. & ll , east C, H. VI . west . . . V., It. I. & P.. east . I'., It. I. & 1", west. Illinois Central Chi. Gt. West 1 I ... 1 1 47 48 S3 ... 4 a 4 . . . :;i 82 ! 1 12 ': 2 ... 12 13 1 ... :7 j i :4 i J ! ! i i ...... Total Receipts DISPOSITION. Morris & Co Swift Co. .......... J Oudahy Packing Co.- . . . Armour & Co. .,,... Schwaru Co. A... J. V. Murphy ......... l'.ild Pltg Co v. . Lincoln Packing Co. ... to. L'maha Packing Co. (igden Packing Co. . . . Higgina Packing Co. .. Huffman Bros John Roth & Sons Mayerowich tt Vain ... Glaaeberg Fislihaugli W'lljion & Co.- .....'.... W. B. Van Sant A Co. F. P. Lewie. ........ Huntslnger- i Oliver . .1. B. Roof Co. . . .1. H Bull R M Buftis)VCo llosenstoolt Bros K. IS. Kellog - Wertheimer & De. gen . mils St Co Sullivan Pros Mu.-Kan, O. at C. Co. , K. G. Christie John Harvey . Jensen & Lundgren ... Dennis & Francis Omaha Tacking Co. ... Midwest Packing Co. . Sullivan Other- Buyers Total '.. ..163 m SS -CATTLE. Cat. Hgs. She'p .. 659 1690 ibi .. 878 1S7 HiiO .. 676 2154 3873 ...'672 3735 am 373 . ... 21b3 3S 1340 78 14 .. . J4fi 17 17 J 19 14 5 .... 145 46 '.44 .... 4S izi rfSS .... 10 .... ' 9 ,1H 4S li :io ... i 575 .... R .... 15 .... 11 S '987 .5185 13,131 1S.94J Cattle Sharply reduced receipts of cattle was responsible for a marked im provement In the tone of the trade. De mand was brisk for desirable light and handy weight steers and good heifers at steady to strong prices. Best handy weight ateers selling around IS. 50 gs. SO. Heavy steers as well as cows were moro or less neglected and Blow sale at steady to easier figures. There were not a great many Blockers and feeders, but demand was fairly broad and prices firmly held on anything at all useful. Quotations on cattle: Choice to prlmo beeves. $9.00 9.26: good to choice beeves. 88.60ig6.90; fair to good beeves. 18.00 S.50; common to fair beeves, 87.0-0i3i?.TS; good to choice yearlings, H. 50(98. SO; fair to good yearlings, 7. 76 fj 8.60' common to fair yearlings. 8tt.76ff7.J6; choice to prime helfors, $7,508.26; good to choice heif ers, 88.50(87.f)O; choice to prime cows, 86.60(g7.26; good to choice co, $5.73fy 6.40; fair to good cows, $5.006.T6; com mon to fair cows. $2.004.60; good to choice feeders, $S. 00 t. 0: fair to gon.t feeders, 87.50f8.00; common to fair feed ers. JD.75e7.50: good to choice stockers. J7.73g8.50; fair to good stockers, J7.35 7.75; common to fair stockers, 6.60a7.2; slock heifers. $5.00(96. 60: stock cows, $4.69 6 6.60; stock calves. $.00ff7.60; veal calves, $i.608.60: bulls, stags. etc., $4.255J6.75. L BEEF STEERS. Av. Pr. No. Av .1441 7 00 20 796 No. 18 10 10 31 IS,...'. 7 20 it::::: 30 11 ii:::: 3;... 1345 1204 , 989 ,1155 ,1002 .1111 ,1594 . J 3 f ? 7 60 7 75 8 00 , S 15 S S S 60 S' Hi H 66 18.. 21.. 19.. 19.. IS.. !.. 37. ..1028 ..1000 ..1164 . . 984 ..1246 ..1245 ..1121 .mo is.. D. . 14.'. 4C. . S. . 12.. 14.. 13. . 11.: 22... 11.. 23.. 46. . 20.. 1.. 1. . 2.. 1.. STEERS AND HEIFERS. .. 674 7 60 26...... 756 .. 647 7 S5 ...'... 93S ..1003 8 25 It 1129 .. 650 8 60 13 1054 ...733 P 00 YEARLINGS. ... 759 7 85 16. . ...648 g 20 - . - . COWS, ... 818 4 'Si 34.. ...1133 6 25 8. . ...1297 6 50 ' 7.. ...1108 6 90 , .. HEIFERS. . . . 643 5 00 . 19 657 . . . S35 ' 6 00 18. .... . 690 . . . 750 6 40 14 680 . . . 700 7 00 25. .-. . . .' 774 STOCKERS AND FEEDERS. Pr. 7 60 7 66 7 90 8 10 S 35 8 40 8 60. 8 75 9 00 7 76 S 00 S 35 $ 65 Omaha Grain Chicago Grain jj Bonds and Notes Omaha Produce By ALEXANDER DANA NOYES ( hleagn Tribune-Omaha Bee Leased Wire. N'c York, March 29. Today's general recovery on the stock ex change, atter some earlier repeti tion ot the previous day's declines, illustrated the present state of mind in Wall street. The abrupt upward turn in the market followed an an nouncement by the American Tele phone company that its annual divi dend nate, was to be increased from 8 to 9 per cent. This announcement unloubtedly took Wall street by sur prise. Everyone ' knew beforehand, however, that the company's earn ings were large enough to make pos sible a higher dividend; that tn met, its net profits and surplus for the calendar year W0 were not only the largest on record, but had increased over 1919 at an exceptionally rapid rate. But to speculative Wall street, tt meant that the continuing program of depressing news had been inter rupted and, although nobody drew inference as to similar action by other industrial enterprises, profes sional speculators for the decline immediately began to repurchase the stocks ot other companies. Recovery General. The recovery which ensued ranged from 1 to 3 points in a long llet of shares, not onlv of Industrial companies, but of railways. This was fairly strong proof of the estent to which the market Is and for som time has been dominated by psychological influences. uch other news aa came to hand ..n today's market was more In line with the general situation. The suspension of production by several -Important cop per companies, following the extensive curtailment of output In the industrial as a whole, caused no surprise. Never theless, such incidents, which have been numerous enough to affect the whole do main of productive Industry, emphasises the question of whether a point is not necessarily approaching when increase of consumers' orders, from whatever csuse. will, in at least some trades, find the relation of supply and demand re versed from what It was a year ago. This is less probable with ooppor, where all the cards, so to speak, are on the table. . , . But it will be remembered how com pletolv ercn the meroatlle trade mis judged the situation at the beginning of 1920. when the overaupply of com modities which we now know to have not even Misnected until tne slackening of consumers' purchases brought the position Buaaeniy vo usm. Sterling exchange moved up in the later market today above the previous high rate of the year. It got to -93 on February 16 and reactod to $3.841 when the subsequent reparations con ference was assembling: todays 3-polr, rls brought it to $3.9$H. h highest rate since July 12, laet-year. French and Italian rates advanced with sterling, but German exchange went over. New York Quotations r. . f the leading stocks furnished by Logan Bryan, Petera Trust building: U A 1 LjO. I I03O High Low Close lon. A.. T. S F.... lite II V4 Baltimore & Ohio 84. 32j mjs Canadian Pacific. 114 !; it v y. centra .i - 12S 74 8'i $7 -t 0J 72. 8iH 840 . Ml .1191 .1252 . . 883 616 817 ..1060 ' ..1071 ..1323 ..1620 ..1940 ..1725 . . 720 7 50 7 90 8 10 s 3;. 4 60 R 00 5 25 7 00 13. . 2S. . 10. . 2t. . ... 610 ... 680 ... 853 ...1162 2. . ...1820 ...1616 ...1100 S 00 6 09 6 40 6 -76 7 0 .6 65 6 25 6 80 S It 7 7 75 S ' S 25 4 89 5 25 6 01 Hoga Today s receipts of ho,j were fairly liberal, amounting to 14,300 head. Advices from other markets were beaiislt and the local trade opened with a lower trend to values. Shippers bought a few hogs at prices not far from a quarter lower, but packers insisted on greater de clines and most of the packing hoga had to sell at a flat half dollar- decline. Boat light hogs made a shlp-per top of $9.75 with bulk of receipts moving at $8.59 6 9.15. HOGS. Pr. . X. Av. Sh S 40 60.. 311 200 h. 110 110 No. Av. 4S..297 69. .253 74. .283 ... 81. .243. .140 66. .21.1 70 76.. 230 40 S7..227 ... 73. .207 ... On S 73 8 SB- 9 00 9 15 9 55 50 60. .281 67. .211 49. .239 80 . .225 87. .218 S2..213 79. .195 io 70 70 Pr. 8 60 S 70 8 80 8 90 9 10 20 88 9 75 Sheep Something like 14,000 sheep und lambs were received this morning dnd trade developed alp rices steady or very trade reveloped at prices steady or verv easier in somo cases, but fat sheep -old readily at firm rates. Best lambs topped st $9.75. with other sales reported at $9.25 and less. Good fat ewes brought $5.75 B6.10 and a few shorn ewes moved at $5.00. Several loads of shearing lambs went out at 8S.3j8.50. fully steady with, yesterday. Quotations On Sheep Beat . fat lambs. $9.60g9."5; medium to good lambs, $6.75 9.50; plain and heavy lambs. 7.b(K(f S.7i,; 9.50; plain and heavy lambs, $7.75(88.76: .shorn lambs. $8.008.75: yearlings. $7.60 R.S0: wethers, $5.00,(1 6.76; good to choice ewec. $5.756.26; fair to gCJid ewes. $5.25 6.75; cull and canner ewes, $".00(jJ!3.26 Shearing lambs, IS. 00 8.75. FAT LAMBS. No. Av. Pr. No. Av. Pr. iOO Wo.-'. .85 9 00 225 Fed. .77 9 75 238 Wyo.. .R6 8 76 197 Wyo.. .84 S 0 695 Col... 88 60 42S TV50...96 8 25 Chicago Live Stock. Chicago, March 29. -Cattle Receipts, 8.000; beef steers and butcher ahe-atock. steady to '25c lower; top beef steers. $10.00; weight. 1.684; bulk, $8.26&l.60; bulk fat cows and heifers. $5.267.50; canners and cutters largely. J3.0034.6O; calves, steady: bulk vealers, $5.0036.60; stockers and feeders steady, steady; bulk stocker and feeder steers. $7.00 07.75. IHogs Receipts, , 24,000; light and me dium largely. 25ff,50c lower; others most ly 25c lower; lights closing weak, otherB fairly active. Top for one load, $10.60: bulk 200 pounds down. $9.758,10.4; to 60c lower: bulk desirable 90 to 120 bulk 220 pounds up. $S.66'g9-35; pigs. 26 pound weight. $10.0010.40. Sheep and Lambs Receipts. 18.000: lambs, mostly C5c lower: wooled lamb tap. $10.10; bulk; $8.26 10.00: shorn top. $9.35; bulk. $8.009.0O; 127 and 112-pound wooled yearlings for export, $7.257.50: ewe top, $0.60: bulk, $5.50ig25. .15 !t '62, 35 68 26 741i 20 'i "a 87i 67 8 Hi 30 V 53 21 ' 66 'a 88 60H 12U 74 ' 87 2H 25 7s is H 17H 70 59'i 8 Sti 'a Chea. & Ohio f;rie k. k Gt. North'n, pfd., Chi. Ut. Western. Illinois Central Mr, . Kan. Tex Kan.. City Soutli'rn 26 24 Missouri Pacific. 18 1T V. T.. N. H, at H. 17 North n fac. ny. .ti Chi. & N. vr 66 Ponn. R. R Reading Co 70 C, R. 1. & P.- Si South'n Pac. Co.. 78 Bouth'n Railway. 21 rv,i utt a- fit. p. x v. Union Pacific ....119! 116 1194 117 Wabash 7i 7, 7 STEELS. Am. Car Fdry. .123', 123 123'e Allls-Chalmera Mfg 37fc SeH Am. Loco. Co 87 85 8SVi 86 iUtd. Alloy Stl Corp . . . .. ttaidWin LOCO. WKS 89 t Kotli. Stl. Corp... BS Colo. Fuel, Iron... .... Cruelble Steel Co. 90 Am. Stl. Fdrya... 30 Lackawanna 8teel. 58 Mldvale Stl, Ord,. 30 Rep Iron A Steel. 68 Ry. Steel Spring. . 88Vs Sloss-Shef Stl, Iron Otd. States Steel. 83 COPPERS. Anaconda Cop Mln 364 36 38 35'4 , c A ,Tl' OTlI .AMI. om., n.j Chile Copper Chlno Copper Co. Calumet & Ariz. lnsplr. Cons. Cap. 01 Kennecott Copper. It7i Miami Copper. Co. 17 Nev. Cobs. Cop. Co 91fi Ray Cons. Cop. Co. 13 L'taa Copper Co.. 47 INDUSTRIALS. Am. Beet Sug. Co. 43 40 Atl, G fc W I S S 41 , 81 Am. inter, corp. 4b- 44 64 36 V, 70 281i . 75 ll'i 26 89 68 89 30 53 297. 67 88 897, . 81 Rfg. Co. 37 S 37 iper Co.. 10 9 1 20 19 31 17 17 Ills 46 31 17 174 9 11 47 11 17 10 78 63 36 US' 26 75 20 r.7 28 7' iO 54 29 6:6 i 43" 81 !i 36'i 10 CO 4 4 '4 31 17 IT "4 12 47 Am. Sum. Tob. Co. 80 79 Am. Cotton Oil Co. 20 .29 Am. Tel. & Tel... 108 100 Am Sinn. Ld & Sm Brook'n Rap Trans 18 Beth. Motors 2 7, American Can Co. 30 Chandler Mot. far 81 Central Lthr. Co. -40 Cuba Car.e Sug. Co. 23 uai. rack, corp Cal. Pet. Corp.... 43 41 K Corn Pdcts. Rfg Co 75 73 Kat. Enam., Stamp 61 61 ClSlt HUD. 10. ... 16'. lo'j 13 2 29 80 38 23 41 40 4474 80 20 108 100 8 41 39 44 79 13 3 297, SI 40 33 74 61 15 29 81 it '-'3 60 42 74 15U vtvn. oiectric vo. .14. tao-, 16 1 1S6 Gaston Wmi, Vlg. lu 114 v, Gen. Motor. Co... 13 13 13 l.i Goodric)j Co, 3774 36 37 37 Haskell. Brkr. Car 58 57'i 58 57 V. H. Jnd. Alcohol 607, 64 66 64 Inter. Nickel tl )i Ajax HiiDDcr t:o.. 33'i Kelly-Spr gf Id Tire Keyst'ne Tire, Rub 15 67 . 32 36 14 14 33 14 38' Jltxwell Motor Co.'"o 5 6 C'i Mexl. Petroleum. .146 142 146 143 -ma. oiis un .. is, 3314 isu jjt 10 1 Pure Oil Co. W'tllyi-Over.. Co. . Pierce Oil Corp. . P.-Am. Pet. & T. . P.-Ar. Mot Royal Dutch Co. . U. 8. Rub. Co . . . A. Sug. rtte. Co. . Sin. Oil Rfg. .. Sears -Roe. Co. ... Strom. Carb, Co. . fctude. Corp Tob. Prod. Co. ... T.-Con. Olt Texas Co V. S. Food Pr C V. S. S.. R. & M, . White Mot. Co. . . Wilson Co., Inc. ., West. Airbrake . . West. Union West. Ii. & Mfg. . Am. Woolen Co. . . 70 98 24 695 JS , 78 47 10 41 . 22 . 28 41 s: 497, 38 8 f9 33 63 67 :: 23 66 a 7 76 '46 9 27 40 87 48 71 8 10 70 33 5, 63 69 93 24 69 37 77 47 10 4:1 li 40 87 49 73 33 8 10 69 33 H 64 69 93 23 68 37 78 46 10 41 52 29 41 44 94 4" 7- Total sale, 715.100. Money, close. ; Monday close, 6. Marks, close. .0180: Monday close, .01,1, Sterling, close. 3.93: Monday close. Kansas Clfv Live Stock. I 3.32'-. Kansas City, March 29. tU. S. Bureau New Vork Cotton. Tork, March 2. The New Tork cotton market was unsettled during to day s early trading, with prices tower, "wlrg to the easier ruling of Liverpool, irregularity tn the stock market and re ports that copper producers were closing down. The opening wa barely steady st a decline of 2 to 15 points and the active months soon showed net losaes of "bout 15 to 19 points, with May at IU.35 nd July at $12.82. New York Iry Goods. New Vork. March 29. Cotton goods wero fluleter todsy, following the easing tn 'he law cotton markets. Tarn remained quiet small export business on cotton goods v.r J"V-r'd !5 Lvnt and South ew Tork Dry On'old moderately. Dress . Blv rail a .1 , . nwn-nn iot ra 'ery ouiet. rs PoUtoes. 1.,mAll .Quanitie) I Potatoes Steady : iming in ousino northern white, saciied a for spring 1.20 tt.: Minnesota wr qolet tld . "r.M. $150gl,60 cwU of Markets.) Cattle Rec.elDts. 11.000 head, all classes dull: beef steers and feeders nneven; mostly 25c lower; top steers. 19.00: bulk. $7.768.25; she stock snd bulla, weak to 26c lover,, bulk cows and heifers, $;..757.2S; most hulls. $4.50 6.00; calves weak to unevenly lower; bulk to packers. $7.006 7.60; few to outsider. I8.50S9.90. , Hogs Receipts, 15.000 head: fairly ae-, nve iigni ana meaiums. 36w50c lower; blddlpg 60ff7oc lower or. heavy; early top. $9 90; hulk nf sales, $8.7609.80; pigs, 50c lewer: best. $11.00. .Sheer Receipts. 6,500 heed: very slow sheep about steady, lambs, 16J25c lowsr. top, $9.60. Mt. Joseph Uve Htock. St. Joseph, Mo.. March 29. Cattle Re celpte. 1,590 'hsad; market, slow, steajv to weak: steers, $7.009.60: cows and heifers. $30f9.00; cslves. $5.00t7.IO. Hogs Receipts. 4.500 head: market opened 26c lower on light, others dull, prespeefs unevenly lower; top, 9.90: bulk. $5.769.76. ' Sheep Receipt. 7,000 head: markot. wesk. !6o lower; wes. $8.56lM7i: lambs, $.00g8.76. ' " ' Near Tork Dried Fnjlts. New Tork, March 28. Apples E aaor ated, scarce. Prunes Heavy. Apricot snd reaches Steady, " Raisins Firm. New Tork Bonds. The following quotation are furnished by Logan ft Bryan. Peters Trust building: Atch. Gen. 4 P. & O. Gold 4s ... Beth. Steel Ref. os . Cent. Pac. 1st 4s .68 .80 77 68 81 78 S 65 75 S3 21 76 (0 80 96 71 94 86 7$ : 71 Kansas City Produce. J Kansas City. March 29. Eggs le high er: firsts, 106; seconds, 16c. Putter Unchanged. Poultry Hens, lc, higher. 21c; breller and roesters, unchanged. 1 Bar Silver. i Tork, March '29. R.'.r Stlr Do mellc. roip. foreign. 57c. Ji'an Dollars, 4.".ic. C B. & Q. Jt. 4s C. M. A St.. P. Gen. 4a ,C. & S. W. Gen. 4s . fc N. V. 4 New Tork Ry. 4s Nor. Pac. P. L. 4s Reading Gen. 4; V. P. ! 4 U. S. Steel 5s U. P. 1st Ret 4s S. P. Cc. 6s B. P. Cv. 4 Penn. Con. 4s Penn. Gen. 4 C. ft O. Con. 6s ,. Ore. S. L Ref. 4 ...98 ...64 ...75 ...81 ...1$ ...767, ...78 . .80 ...96 . . .76 ...93 ...78 ...85 ...78 ...82 ...79 Omaha. MarcH 29. Grain arrivals today were light, totaling only 59 cars. Wheat de mand was rather flow, with prices about unchanged. Corn also brought about yesterday's figures, with the inquiry rather light. , Oats were unchanged. Rye was un changed and barley a cent tip.' Reports from various sectious 'f the wheat belt, especially Nebraska Iowa, Illinois and the s ' est, in dicate no serious damage to hc crop from recent cold we r. While yesterday's export business was reported early today at 1,500. 000 bushels, a late wire by Russels News said this amount was exag gerated. Export demand today was stated to be light. Weather from lakes to Rockies is forecasted gen erally fair, with rising temperature except in the northwest, where soitk precipitation is indicated. WHEAT. No. 1 hard: 1 car. $1.60; 1 car. $1.49. No. 2 hard: 1 car. $1 49: 2 cars. $I J5 No. 3 hard: 1 car, $1.45; I car, $1.11 fsmuttv); 3-5 car. $1.4. No. 4 hard: 1 car, $1.39 (dark, smut y). No. 6 hard: 1 car, $1.35; 1 car, $1.3o ''sampl' spring: 1 car, $1.05 (dark, north- "no. ! mixed: cars. 91.42 (durum). CORN. No. white: 1 car. 62c. No. 8 white: 1 car, 5lc. No. 2 vellow: 1 car, 62c. No. i yellow: 1 car. 61 c: 3 cars. jIc. No. 2 mixed: 4 cars. 51c No. S mixed: 3 cars, 60c: 2 arv49e. No. 4 mixed: 1 car. 49c. OATS. o. 3 white: I car, 3Sr o. 3 white: 1 car. 37'jr Sample white: 1 car, 3;V. RYE. No. 2. 2-5 car. $1.32. Sample: 2 cars. $1.3" BARLEY No. 4: 1 car. 34c. Rejected: 1 car, 68c. Sample: 1 car, 60c (smutty, damaged!. UNITED STATES VISIBLE. Todsy ' Wk. ago Vr. ago Wheal 30.761,000 24,679,000 43,896,000 Corn 32,074.000 29.847.000 6,686,000 Oats 34.813.000 34,907,000 9,676,00-1 Rye 1.801.000 1.614.000 19,410.000 Barley 2,097,000 2,110,000 3,057,000 PRIMARY RECEIPTS AND SHIPMENTS Receipts Today Year Ago Wheat 535,000 479.000 Corn 534,000 706,000 Oats 494,000 532,000 Shipments Wheat 647.000 359.000 Corn 609.000 X00.0OU Oats 6S4.000 466,000 EXPORT CLEARANCES. Today Year Ago Wheat '469,000 147,000 Corn 304,000 Oats 265,000 OMAHA RECEIPTS AND SHIPMENTS. Receipts , Today Wk. Ago Tr. Ago Wheat 26 15 33 Corn 22 30 37 Oats 4 S 20 Rye 2 l s Barley 3 3 3 Shipments Wheat 1 9 40 Corn 42 47 43 Oats 8 13 Id Rye 4 1 6 Barley 0 0 1 CHICAGO CAR LOT RECEIPTS. Today W k Ago Tr. Ago Wheat 76 S5 ?8 Corn 357 397 149 Oat 81 144 111 KANSAS CITY CAR LOT RECEIPTS. Today W'k Ago Yr,. Ago 65 97 122 14 25 36 6 5 14 Wheat Corn Oats ST. LOUIS CAR LOT RECEIPTS. Today W'k Ago Tr. Ago 69 S3 IhJ 32 55 8! 43 31 87 Wheat Corn Oats NORTHWESTERN CAR LOT RECEIPTS OF WHEAT. Today W'k Ago Tr. Ago Minneapolis 134 130 SI Duluth lf'S 38 19 Total 390 268 100 Winnipeg ,.302 461 3SS CHICAGO CLOSING ERICES. By Updike Grain Co., Doug. 2627. Mar. 29. Art. Open. I High. Low. i Close. Yes'dy Wht. Mar. May July Rye May July Corn May July Sep. Oats May July Sep. Pork May l.ard My July Rib May July I I I I 1.58 1.60 I 1.57l 1.58 1.44! 1.46! 1.42 1.43 1.28) 1.29 1.25) 1.26 1.37 1.13 .64! .68 1 .69: .40 .42 .42! ! 1.38 a 1.14 .64 .68 .69 .41 l .42HI ;.42l l.S5 1.3S 1.18! 1-12 .63 .66 .68 .40 .41 .43 i .! .67, .6474: .40! .41 I .42 1.43 1.26 1.36 1.12V4 .64 .67 74. i .saw .40 .43 .42 7, By CHARLES D. MICHAELS. Chicago Tribune-Omaha Bee I eased Wire. Chicago, March iV. Strength in cash wheat in Winnipeg, Minneapo lis and Kansas City, combined with conflicting crop reports from the leading winter wheat states were re sponsible for a nervous market, with a bulge, a break and u close l-2c higher on March and 1 1 -2c lower on deferred futures.. Corn closed the lowest of the season, with losses of 3-8(ii5-8c. and oats were off 1-4 3-8c. Rye was 1-4c lower and barley lc lower. It was largely a professional, mar ket, with liberal realizing on 'the. bulge and fair support on breaks, all coming from strong interests. The buying on the crop scare ex hausted itself on a bulge of 23c over Monday's close, while the profit-taking and increased general sell ins; on the advance carried prices off 3-4e, with the close well toward the low point. Spread Too Wide. May was up to $1.45 and down to $1.42 w ith the close at $t.4S to $1.43 'i. July touched $1.29 on the bulge with , break to $1.25, and the close at $1 ?1 to $1.26. There Is an Impression among many traders that the spread is too wld. March was congested and advanced to $1.60. or Uc oer the Inside figure of last week, with a break of 3c and the close at $1.68. March was on sale In liberal quan tities by leading lungs at 15c over Mav. the highest preouum so far. At the same time hard and red winter on track were brought at 2c undr March, with the Hill ing demand light. Corn was bnught on the breaks hy a number of the leading shorts and there was plenty for sal on the bulge above 64c for May, and a ready absorption r-f ths offerings at 63e to 6!c. Some'of the leading professionals were heavy sell ers and the close was the lowest so far. Country offerings remained light and re ceipts have fallen he low. last year's. Cash prices were unchanged to o lower with shipping sales 46.000 bushels. Receipts. 149 cars Oat Price Nlump. Oats have few friends end were down to 40c, after selling at 41 c for May. The trade was not large and followed corn. Cash lots were picked up by ship pers with 70.000 bushels sold, No. 3 white bringing lto over May; and No. 3 white lc under. Choice No. 2 white sold at 43c, while the general market was 4243c. Reports of crop damage from freezing Were numerous from the west, but were not taken seriously by the trade. Receipts, 63 cars. Rye was In demand from seaboard ex- Tlie following quotations furnished by the Omaha rrust company American T. & T. Co. 6. 1922. American T. & T. Co fs. 19'.'4. Anaconda 7s, 19:9 Armour "s, I93o Ttelglan iovt. , 1911 Uelitlan Uovt.'7s, 1945 H'thlehem Mtoel 7s. 1922 Bethlehem steel 7s. 1923 British 5U, ia:a llrltlsh St, 1929 British 6a, 1937 C B. Q. .It. 4s, 1921 CV C. C. & St 1.. 6s. 192 Christiana 8s. laib '. Cudahy Packing Co. 7s, 1923 Denmark sa. 194 5 French Government ls. 1945. B. If, Goodrich 7s, 1925 Japanese ilovt. 1st 4 'is, 1925., Japanese Govt. 4s. 1931 Morris ft Co. 7 4s. 1930 Norway 8s. 1940 Northw'rn Bell Tel. Co Ts. 194: N Y. Central 7s. 19S0 Pennsylvania R. U. Co. 7s, 1930 Southw'rn Bell Tel. Co. 7s. 192! Swedish Oovt. 6s, 1939 Swift & Co. 7s, 1921 Swiss Govt. 8s, 1940 U. S. Rubber 7. 1930 Westlnghouse Elec. 7s, 193).., Aprrov. VI-UI. 97 7.5') 9(i 7.4'. 93 3.10 !.. '.l 971, d.Sii 97 7.',;. 99 7.66 97 V, 6.10 94 89 7.1! 1.6 T.l'l 99 S.O0 Sv'j 7.90 i S.40 884 7.06 98 S 10 9S S.1S 90 10.10 S'.' 4.4 64, 9 T.S' 99 1.08 97 7.?0 10! 6..V5 102 6.'..'i 96 8.08 80 8.70 96 7.87 104 7.18 1 004 7.46 99 7.H porters with 200,000 bushels sold, probably from Puluth, at 15c over May c. I. Buffalo, shipment at the opening of navi gation, and 6,000 bushel sold track. Balti more, at 27c over. The seaboard la l)uj on May and local professloni.ls short. Spot barley was unchanged to 2c hign-.r. rtt Notes. The' leadltig feature in the wheat mar ket at present Is to what entent the freeiltig weather has damaged the winter crop. One of the largest house In the trade had reports covering the leadtng states showing practically no damag. and ethers had about the same. There were scattered reports from various sec flons. including Vtncennes, Ind.. and Podge City. Kan , claiming damage, but the majority were the reverse. Crop Ex pert P. S. Gordon said wheat was not Injured. , The' seaboard reports smd the export de mand was falling off daily, while Kan sas City reported a good demand ,at the Oulf and that. Minneapolis mills were try. ing to buy whsat there. Cnnadlan wheat at Minneapniis advanced He to 4jc over May for choice dark No. 1 northern. There were deliveries of 36.000 bushel on March contrRo'ts bre. With the exception of a small quantity of wheat and 200.000 bushels of rye, no export sales of grain were reported at the seaboard. A New York message ssld for eign demand was becoming slower daily, and some difficulty was being exper ienced in arranging proper credit for fresh business. Local mills were the best buyers of red winter at St. Lnuis, with prices unchanged to lo higher, while hard winter was scarce snd Hj 3c higher. Kansas City was un chansed to 3c higher, closing easy. Oma ha unchanged. Truit and vegetable quotations fur fur nished bv ths Glllnsky I'ruil company: rue ITS nana 'tea. per Ih , 10c. Grape fruit. 46 favorite. $4.60; 64 favorite. $j 00; 43-54 Dr. Phillips. $6.00; t4. Ir. Phillips. $5.7 70 so li Phillips. $6 00 l emons: .too Oolder Bowl, $6.00; 300 Silver Cord. $5.1.0; 300 choice, $5.00; 240-:'70 choice. $5.00. Oranges: 100, $6.00; 1!6. $6.76; 150, $5 170 $4.76; $00-516. $4.50; 250-S8S-324. $4.60. Apps; Ebb. Michigan Hen Pavii. $6.i.O: hli. Iowa Pen P,via, $7.60: lox Jonathan. 188-300, $3 76; boi Jonathans, 213-225. $2 60: box Winesap (Kinalli, 3 . ', box Wln.-saps, O V. choice 160 -161, $3.60; ch.ilcs. 113-138-138, $3.76; extra fancy 126 andlarg er, $3.60. extra fancy 188 and smaller, $4.:.'6. .lltKB.V VEGETABLES Rhuba-O. per box. $4.60; rhubarb, per II... Uc; aspariigva. per Ib, 36c; green pvas, fcr Ik. 20c: k-reen neppers, per lb. ,16c: Itrnssel sprout. !0c; cucumbers, per do., $3 60, tomatoes per crate, $10.00; cauli flower, per irate, $2.60: head lettuce (I'rawUy, crate), $5.00; head lettu.e Urawlcy. dox , $1.60; celery, ex. Jumlio. $1.76; celery, apeital, $1.60; celery. Jumbo, $1.50. l'ate. New l'romedary, $6.75. Peanuts No. 1 raw, 8c; No. 1 roast, 11c; Jumbo, raw. 16c: Jumbo, roast, ISc Eldgltsh Walr.uia Diamond Mayoitta, 35r Honey--Oi-nt- 24 frames, IT.Ot. Checkers Chums Cracker Jack loo to case, prise, $7.00; 60 to caae. prtte. $3 !.0; 100 to caae. No. prise, $6.75; 60 lo rase. No. prixe, $3,40. VEGETABLES. Potatoes: Branded Ohio, t- -i, Idiho whites, $2.50; Nebrsska whites. $i.6. Sweet potfttoon: Southern, crates. $2.50. Seedswee'.s, Nancy Halls, about 100 lbs., $4.00; banket Nnc Halls 15 lbs. $3.5". Onions: Sack Red Globes, 2c; sark Yel low, 2ttc; sack Whit., 4c; crate Spunlsn, $7.60; basket Spanish, $2.60. Onion sets: White, per II... 6c; Red. per 11.. 4,n; Yellow, per lb., 4c. Cabbage: New Tex as, per lb., 3 4c. Old routs, TVets and Rutabagers, 2.-; Parsnips-Carrots, 2c; turnips, Sc. WhoU-sale prices of beef: No. 1 Ribs. 30c; No. 3 Ribs. 29 4c; No. 3 Ribs, 31c. No. 1 Loins. Siic; No. i Lotus, 33 c; No. 3 Loins, 27c. No. 1 Rounds. 16 c; No. t Rounds, 18c; No. 3 Loins, 17c. No. I Chucks. 12c; No. 2 Chucks. llc; No. .1 Chucks. 104c No. 1 nates. 9o;. No. 2 Plates. 8c; No. 3 Plates, 7c. 1 Liberty Bond Price. I New York, March $. Prices of tlbertv bonds at noon were: 3s. 90.11; frt 4s, I 66 80 bid: second 4s, 7.04; first 4W. 1 S7.60i second 4s, 87.06; third 4s. ".93; fourth 4s, AT. IB t victory $s, 97.60: vlctovv 4s, 97 60, 1 Liberty bonds closed: S, 90 06; 1st 1 4s, 87.00 hid: 2d 4s. 890; first 4 . I 87 50: 2d 4s. 17.08. third 4, 90.1". 4th 4s, 67 14; victory $s, 97.61; vic tory 4S. 97.66, Turpentine and Kosln. Sannsh. C,a., March 29 Turpentine Strung. 4o.:; sales 48 bids.: receipts K4 bbls.; shlpm.nla 91 bbls. I stock 6.616 bbls Hosln Lower grades firm; higher grad st.-adv; asles 247 casks; receipts 290 casks; shipments none,; stock 68.847 casks. Vtuole: B. I. 10. V. ll. J, $.(; II. $176; M. N. WCI WW. $4.25. New Vork Mugar. New York, March J The local mark. t for raw sugar was unchanged at 6e fo Cubits equal st 6.37o for Centrifugal, He finers. however, did not appear very anxious for supplies, although ther wn considerable sugar on offered quoted prices, but no fresh business was reported. London Money.,, , London. March 29. Bar silver. ; per ounce. Money, 6 per cent. Piscount rates, short bills 7 per cent; three months f bills, 6 per cent. I Peters Trust First Mortgage Land Bonds $100 $500 $1,000 Amount, A Standardixed Form ot Farm Mortgage Investment Completely Tax Fre in Nebraska. Ask for Detailed Circular. PetcrsTrustCompany PetereNaUonalBank Pel en, Truxl tltillillng I arnam at 17th To Holders of Nothern Pacific- -Great Northern Joint C, B. A Q. Coll. Trust 4' Due July lit, 1921 We have a special circular regarding these bonds which should be of particu lar interest to all holders. We will be pleased to mail this on re quest. Burns, Brinker & Company S. W.. Corner 17th and Douglas, OMAHA LINCOLN OFFICE: 1026 Terminal Bldg. Bend and Stock for Investment, f---"-------- l Invest Your Surplus , Monthly l 119.40 I19.6S 19.35 19.S5 111.60 I I I I I 1.25 111.33 111.23 !1W! 111.27 l.tO 11.67 U.6T ll.0 11.62 Il05 ill. 27 10.92 111.30 10.85 '11.17 I 110.87 In. 27 110.87 '11.26 Minneapolis Grain. Mtnneapolis, ' March 29. Flour Un changed to 10c higher. Family patent, $S.7S(a)9.15 barrel in 93-pound cotton sacks. Bran $20.90. Wheat Receipt, 134 curs, compared with 82 cars a year ago. Cash No. 1, northern. $1.81 1.6S ; March, $1.4$. May, $1.38: July, $1.36. Corn No. 3 yellow, 61(f?62c. Oats No. S white, 3536e. Barley $070c. Rye No. 2, $1.43 1.43. ' Flax No. J, $1.7s1.78. St. Louis Grain. St. Louis. March 29 Wheat March, $1.56; May, $1.43: July, $1.24. Corn May, 6363c: July. 7c. Oats May, 41c bid; July, 42c. Chicago Produce. Chicago, March 29. Butter Lower; creamery extras, 43c; standard. 41 c. Eggs Higher; receipt. 61.838 cass; firsts, 24 825c; ordinary firsts, 219 22c; at mark, cases Included. 2824c. Poultry Alive, higher; fowl, 29c: springs, 33c, 1-ead Prices Boosted. New Tork, March 29. The American Smelting and Refining company today advanced the price of lead from 4.00c to 4.10c per lb. dewing Machine Demonstration At Bowen's We are giving daily demonstrations of the El dredge Two-Spool Ro tary Sewing Machine. For fifty years and 'more this machine has" been the dream and goal of in ventors. At last, after years of patient work, they succeeded and pro duced a thoroughly prac tical and entirely satis factory sewing machine, that sews direct from two spools of thread, which saves time and labor. Do not forget to see them demonstrated at BOWEN'S. IT IS IN TERESTING. Advertisement The successful requirements of independence are a combination of effort, a partnership of you, your savings and good investments. Consult us about in vesting in sound, divfdend-paying securities on our partial payment plan. ll I 280 Peter Trust Building. Omaha, Neb. i! Stocks Foreign Exchange l Omaha Stock & Bond Company April First Is Tax Day If your funds arc invested in our 7 FIRST MORTGAGE Farm Loan Bonds Denominations, 9100, sOO and $1,000 They will not be subject to any state or local taxes. We Suggest Prompt Action. Umahaisj, Trust Company lational Bank npler OOO irniTT.1 11 Hit Bonds "MONEY MAKES THE MARjS GO,' IS WHAT THEY USED TO SAY. "OIL MAKES THE CAR GO," . IS UP-TO-DATE TODAY. To get the oil and also make money The North field 1 Oil Co. is about to develop its valuable holdings in Six Thou sand Acres on the Sweet Grass Arch, and drilling will shortly be started in the Genoi-Structure, which, AS FAR AS MORTAL MAN CAN TELL offers wonderful opportunities. REMEMBER In one year the State of Montana has jumped into prominence as an OIL PRODUCING State, and many fortunes will be made by investors in the near future. ARE YOU. INTERESTED IN MONEY-MAKING? If so, become a unit holder in The NorthHeld Oil Co. A Common Law Trust 718 First National Bank Building, Great Falls, Mont. ' CAPITAL STOCK - - - $350,000 Divided into 3,500 units of $100 each Send for Prospectus Today. Application for Units FRED H. STURM lc. . A JOHNC. NOREN' AgenU NORTHFIELD OIL COMPANY, 718 First National Bank Building, , Great Fall, Montana. 1 hereby apply for. units of the Northfield Oil Company, a common law trust with offices at Great Falls, Mon tana, and enclose check, money order or draft for $. in full payment. All units are fully paid and non-assessable, and it is understood that this subscription shall be returned in event of over-subscription of the authorized allotment upon receipt of th's order. (Signed) (Street or P. O. Box) . (City) (State) . si. Cat Creek Montana Oilfields Prove th 'WONDER FIELDS of ths world. United SUtes Government test shows better than 71 of Gasoline and kerosene. Wells gush over 1,000 barrel per day. About thirty producing wells have been struck in top sand in les than one year from date ot tha discovery of the field. . Many other well are now being- drilled to the lower sands and if th lower sands prove productive, a all geologists now believe, the present area or extent of the field will be multiplied many fold. There Is Only One Cat Creek Oil Field and There Is Only One Security Petroleum Syndicate , Officered by heaeet. conservative business men of Lewiston, nsmely, A. M. Lundeen, 6il operator, formerly of Roundup, Mont., president; F. J. Robinson, realtor, and n extensive wheat grower, vice president; Chas. Wiper, cashier of the Empire Bank and Trust Co., secretary-treasurer. We offer unit holders 75 of ll oil produced. We have SIXTY acre ris-ht In the very heart of production In the Cat Creek field, and FORTY acre In the exact geographical center of the Devil' Basin field, being very near the well recently brought in by the Alberta Block Col company.. , , Our capitalisation hi small snd our acreage is large. We are selling. 100 unit for development purposes, only SI 00 per unit. Writ for large illustrated folder and map of the oil fields, and full particulars of our proposition. DO IT TODAY. With, new wells coming in every week, price may double over night. Address, Security Petroleum Syndicate P. O. Bos 846, LEWISTOWN, Montana. Service m the Careful Handling of All Order for Grain and Provisions for Fyture Delivery in AH the Important Markets Wt Operate Offices at PrwnU Wire Cormectiom lo All Offices Except Kansas City Omaha, Nebraska Lincoln, Nebraaka Haatiagt, Nebraska Chicago, Ulinoi Siou City Iowa Holdrege, Nebraska Geneva, Nebraska De Moia, Iowa Milwaukee, Wuconiin Hamburg, Iowa Kanta City, Missouri Wt SOLICIT YOUR ComignmenU of All Kindt of Grain to OMAHA, CHICAGO, MILWAUKEE, KANSAS CITY and SIOUX CITY Every gar Receives' Careful Personal Attention The Updike Grain Company THt KiUABLE CONSIGNMENT HOUSE. 1 "a- --."? v 7
