Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (March 31, 1921)
THE BEE: OMAHA. THURSDAY. MARCH 31,
Solution of Pail
'.reation of Unified Control
Of AH Great System Plan
Of Representative of
By HOLLAND. ,
Commenting a year ago upon the
outlook, one of the wisest of all who
have had long experience in finance,
tanking and constructive undertak
ings, said, "The United States is a
very great and very rich nation. It
is, almost the only one which U
bounded on the east by an ocean
and also upon the west by another
ocean. Its resources, especially
those which await development, are
of almost fabulous riches. It ii
necessary, however, at this time, if
this conntry is to take full advantage
of its opportunities, that there should
be Called into service, both public
and domestic service, the best brains
in the country, I am sorry to say
that J we are not now getting the
service of the best brains. Some
thing like mediocrity seems to have
the call. I hope to see the best
brains of the country brought into a
community of interest, for when' "that
i done "we shall have prosperity."
Would Mobilize Ability. .
This man, who is now in his 80th
year and whose name is a synonym
for sagacity, foresight and the main
tenance of an honorable business
conscience, is today of the sami
opinion which he expressed one year
ago. He wants ilia best ability of
(he country to be mobilized, so to
speak, and h referred especially to
the need of. united, -actiqi) of th.it
kind if the railroad- problems are t
be satisfactorily .answered. -
. T?,"!1 ,h Vw "hlch taken' by
J-avlea Warfteld, who I greatly concerned
ivartht railroad atttiaMon -and wha rap
;Mnt th railroad stockholders. Mr.
Warfleld It reported to be strongly in
favor of the eraatloit of ah organisation
national In Ita acope, whole- m amber a .are
to be the managers of alt th greater
rellwaya of tne United State and nrob
ably many r the smaller' railroads
,Vn organisation -of this kind would
aurely bring Into tta association the abloat
railway minds of the country active K a
unit. As an organisation tt would have
not merely advisory powers,- but a1o full
power, . o that, its decisions would be
obeyed by the. railroads of- the ooimtrv.
Of course, the fiuention of rates would be
left for the Interstate Commerce com
mission to determine. Ttut nn nrvnin.
tlon of thla kind acting aa a unit would
be of Influence In . enalillng h. commis
100 to.reah a decision,.
i' HUat Might Bo fieoded,
Probably unified organttatten of thi
kind coufd not be pu,t Into operatic until
longrcss by -some 'amendment to the law
permitted It to ba'flona. It 'would alwavs
oaMSubJeet -to- the oversight aitd' super,
vision of the- Interstate -Commerce i-om-mission,
But it, would put in. end to
diversities, tn .management . and in opera
tion, mn 1n any way . constituting trad
agreements, but simply, a ijmmon line of
action. In the dleeutlon, Operation and
movomenta of transportation-.
Some of .the rallroM mtneara. verv
likely all, are repnrteA to look 'with favor
upon.-the suggestion vwhih fctrv Warfleld
haa- made,, lny- .are he .panaoeas -which
have-. been proposed for restoring health
to tho. American railroads-. Bub -it Is bow
admitted ihafc experiments jr -the -adoption,
of any, of -the apparently Ingenious
propositions -which have beu put forth
In the hope that they -troutcl be .ef (in
fluence In overcoming .th - crisis, wHI bp
of no avail. What la needed. In the. view
of Mr. Vrfield and- ol others, it for the
railway managers to recognUo fully actual
t-ondttlens- and then to act in accordance
wlthithe dictates of cammon tense.
The railroads eheald-furnish transporta
tion at rates which will bs large enough
o give to them ample credit. o that thev
may make 'needed; Improvements .-- All
managers say that the ratea should- not
ba so high as td dtpmrb normal traffic
nr to .compel shippers- to -utilise other
metnoas. eucn. for instance, as the motor
ic rot- transportation. ; - .
' The, Heal Isawe.t
SehaWr- Cummin and afhtt other's wli-o
av" sTvr-ri. careful "aturrv- tr IK, rkllrfchai
nip Fug , i nis; vne rait-
ay" exeentlvfs are .unafile to' 'oveWoni'a-
ho difficulties. they should stWa.(ta and
let others whose -ability iar Mcoanlzed tin-
dertake the task. - One of - the. best au
thorities, .-when referring , a day or wo
ago. to. rhe'! railroad ltualon, 'said - tihat
our ratlraada cannot ba a hybrid. U Can
not auoeeVafuHy be represented by half
government and half, private ownership.
To. be successful tt must he all of pna or
the other.. It la-row .evident that the pe.
pie of the United Statea or the .majority
of them favor private owne,rah!n
This lts) which the railway managers
must Themselves meet If there Is to lie
success, -ie involved -in! the -question .of
wages." ' one dqubta that the .Increase
1n waiara since lslH has not only been
of unprecedented magnitude, but Is now
placing a heavy buYden ' on 'railroad "op
eratlon. And yet some of the ratlway
ererudves have not handled tha wage
o,uetlotr with 1dom. - -
It is becoming mora and more evident
that the emergency which the railroidjs
are now facing rnnos ended unttl;'tt)e
railway, wge question la jettled. for, it,
is now apoken of aa midciit rtiat While
railway wages are , t,lll maintained Vt
the wartime peak, wages have In almost
all the other clasee of employees been
reduced or are- apeedlly to bt reduce
If thla railway problem be satlefao
torilv answered pernaps the chief obsta
cle "that stands in, the way of a return
lo domestic prosperity will have been r-mpvsd.-
Peters Trust Company -
Pays Extra Dividend
: the- regular, meeting ,of the
d of directors of the Feters
t comoanv vesterdaV, the regu-
ceini-annnal dividend of S per
t wa rleclared.-oarether with ah
ra dividend of 1 per rent.
ra n. ir.. and Herbert W.
tter were elected as new mem-
s of the board of directors. Mr.
lorial bank and a tormer prest-
ot the .Nebraska Banners asso
n. "Mr. Potter is 'assistant ,
tary of the-Peters Truct Coni
, and has been associated with
nmnsnv for tht nast four vears.
i account of the rapid growth of
rust department, the position o,t
ant tenet offirer t-ae' rrcntcit.
Vvallace E. Snear was appointed
is position. Mr. pear is a graci
of the University of Nebraska
school and has been" associated
the Peters Trust company
w Vork Coffee.
Tork. March 30 Reports of a
-harp advance tn Braslllan milrels
one were roiiowea oy increased
and a big jump in prtces for
futures here at the openina todsy.
change ratea were easy,, but the
h in the Rio and Santos markets
garded as tending to confirm recent
of buyin by the Braslllan sw.
t to stabilise prices and the to
ning waa 20 to oJ points higher,
rrled May up to IS. SO and July to
r just aonut mo points above tna
iftw records. A disposition to take
at this level was promoted by latsr
or irregularity in Brazil and a rooej
the advance was lost. May sePlmx
t.5 and July to IS:3 tn the lato
The general market closed at a
anoe -of f to 21 oeints. M.irch
May USc: July $c; Septembes
vrobar 7.1te; oeeember 7.3o; Janu
te. roffee firmer: Rio 7s Hc;
New York Dry Coeds.
v. March ll.r-Cotton goods were
lteaoy today, witn Buyers jper-
kpaiiy Tor tromeaiate delivery.
allotments lor fail shipments.
Very quiet. Underwear la be-
1 small, guanines ror iaii iie
flitlnr in business is"becori-
(t for spring and summer
rare quiet ara burlaps null.
Market, Financial and Industrial News of the Day
, , ! . , I'. , ! : : 1 : :
Omaha. March Ik
Official Monday..., a.iM
Official Tuesday I.toi
Kstlraate Wadnesday 1.4o
Three days this wit. U, S5
Same day last wk...lS.Jf
Same day wk. ago.14.6K
Same day 3 wk ago. !. Jit
Same day year ago. .t(. 17
S.471 11, (Si
11, HI 17,111
31.S4S 31, m
31,626 aS. 444
Receipts and disposition of live stock at
the Union Stock yards, Omaha, Neb., for
24 hours ending at i o'clock p. m., Maroh
RECEIPTS CARS. V
Cat. Hgs. Shp. H.-M.
C M. A St. V 4 4
-Missouri Pacific ...... I 7
Union Pacific 41 45
O. N. aV N. W esst ,. 11 ' I
('. N. W"., west .,11 17
f, St. P. M. O... 14 It
('., M. A Q , east .... I T
a, B. & Q. west ....14 2
C. H. I. A P.. east ....
C. R. I, A P., west .. S
Illinois Central 1 1
Chi. Gt. . West 4 1
Total reoelpts 151 190 39 9
Cat. Hogs .Sheep.
Morns A Co H7
Swift A Co. , 90
Cuilahy Pkg. Co 711
Armour A Co 711
s.-hwarti A Co
,r. W. Murphy
Hold Pkg. Co Ill
Lincoln Pkg. Co, ...... 63
9. O. Pkg. Co 7
Ogden Pkg. Co
Hlgglns Pkg Co im..
Hoffman Bros ., ' 2S
J. Roth' A Sons ...... 11
Mayerowlch & Vail .. rlS
Olassherg '.. IS
P. O'Oei 'v. ,.. -
Wilson A Co. 27
W. R. Van 8ant Co. .. 41
St. Louis Inde. ...... ....
V. P. Lewis 10
Huntslnger A Oliver t6
J. B Hoot A Co S
.1, H. Hulla 54
ruirnha Pkg Co
Hosenatock Bro l
Kauf A n
Kilts A Co 1
Sullivan Bros 2
Mo -Kan. C C. Co 20
K. a. Christie
John Harvey J
Jensen -A Lundgran ,..- &
lonnls A Francla ....
Cheek A Kreha 70
ilmaha Pkg. Co. .
Midweat Pkg. Co.
vmwv moderate run of
cattle Wednesday the r
and MM gteer. -old t firm figure, all
.n5 romalT aourc f rTow.'ud hell
? . and they moved freely at price. . ilron.
to a quarter, higher. Best of the De
?eers sold up to 11.00 hut It took cholc.
oows to sell better than 17.00 There
were not many atoekers and '""J" "
sale, but demand was fairly broad and
prtcee steady to atronger for anything t
all useful In this line. :.
Quotations on cattlei Choice to prime
beeves. $9.t)0i?H.26: good to choice beeves.
8. 60 !& 8. DO; fair to good ".., 2?
i u"".... ,n fule beeves. 37.0067.76
good to choice yearlings. 8. 6001.00; fair
to good readings; $7.76(818.60; common to
fair vearllngs. I.757.76; oholce to prime
heifers. 7.508.16; good to choice helf
ors, $.507.60 choice to prime cows,
t8.607.25; good to choice cows, 14.75
(t.40; fair to good cows. $5.005.7o: com
ihon to. fair cows, 3.004.60; good to
choice feeders. R.00S 60; fair to good
fenders. 7.508.00: common to fair feed
ers, I6.71S!. 60; goqd to choice stockers,
7.-768.60; fair to good stockers. I7.2SO
7.76: common to fair Blockers, 6.6007.35;
stock heifers. J6.006.60; stock cows, 4.60
6.60;' stock, calves, I6.00ig7.60; real
calves. " 15.600860: bulls, stags, etc.,
" BKEP STEERS. j
Ko. Wt. Pr. No. Wt. Pr.
M 141 I ' 75 9..."... 896 t !
15 10H- ' 8 IB' 26 U75 8 15
21 105 8 IS'' 11 1180 8 30
20. 131. $ Jo ' 18 1422 8 60
14 1356 8 75 24 1218 9 00
STEERS ANy It,ri!iKO.
6 50 18..
T 90 13..
7 . .
8 86 17.
79 6 75
STOCKERS ANP FEEDERS.
. .11011 . .
.. S17 -
t 4 ,, 29...
8 00 ' 9...
4 8.0, 6. vi
4 S 3...
81 ' 3..'.
353 7 00
Hogs Today's run of nogs was- estimat
ed at 14.000 head, and packers followed
thetr usual tactics in rutting up mixed
droves. Tha "result was a lower trade
and a aether quiet demand throughout.
Packing hogs sold at declines of 160260
and'losed around a' quarter lower. A
few shipping hogs moved at weak to
lower- figures. Best bacon hogs made a
chipper top of 19.50 and bulk of tha re
ceipts sold at 18.3609.00.
No. Av. - Sh. Pr.
.. 8 60
70 8 75
70 8 90
30. .298 110 I 8 60
7. .351' '' 40 J to
71. .243' 0 I 95
70. .229 40 8 15
36. .164 : ,i. ' I 35
Sheep About .8,200 sheep and lambs
wore bare this morning and fat lambs
went to packora mostly at prices a quar
ter or more lower. Fat sheep were fairly
active and generally steady. Best lambs
In light and handy weights were quoted
around (9.1609. 25, with .heavies on down
the list jU scattered prices. A few good
ahrfrn .laVnbs brought I8.S6. Fat ewae
sold at ft. 75, Indicating an outside prica
of about Nl,15. Trade in feeding and
shearing stock was nominal.
Quotations On Sheep Best fat lambs.
19 0nf.JS; medium to good lambs. 18.60
9.00: plain and heavy lambs. 17.3608.60:
shorn lamba, I7.7JA3.60; wethers, 16.00
6.75; good to choice ewes, 15.7606.26;
fair to neod ewes,. I6.1305.76; cull and
ranper ewes, J3.OO03.25; shearing lambs,
87 8 60
218 S. D.
A v. Pr.
80 I 60
70 8 40
22S Wyo 83
4t Wyo 77
13 fad 77
6 85 14S Wyo 133
lS6Wyolfl3 6 85 14s Wyo 133 S 50
m wyo 101
Chicago Live Stork.
Chicago, March SO. Cattle Receipts
6.000 head; beef steers generally steady;
jpots strong, top $9.80; bulk steers, 18.35
39. 50; butcher she stock and bulls slow,
steady; bulk fat cowa and helfera. 16.15
$7.60; rannera and cutters, largely $3.00
$4.60; bulk bulla $4. 7505.75; veal calves
!5,to. 60c lower, bulk vealers to packers
$7.56$8.00; stockers arid feedere strong to
25c higher, bulk $7.00$8.00.
Hogs Receipts 16.000 head: lights
opened 10 to 16 lower, others 10 to 15c
higher than yesterday average, closing ac
tive on llghre at day's best lsvel: others
uneven but mornings advance lost: top
110.15; bulk 100 pounds down. $9.73
$10.20: bulk 120 pounds up, $8.60 19.00
pigs 15 to 23c lower.
Sheep Receipts 20.000 head; sheep year,
llnga and some heandy shorn lamba ateadv,
lings and some handy shorn choice hah-iv
wooled lambs sold at noon; i9 60 bid anil
refused; bulk sold. $8.600 19 00; shorn
lambs top, 9.10;hulk, $8.OO0$9.QO.
Kansas City Live Stock.
Causss City. March $0. (U. S. Bureau
of Markets.) Cattle Receipts, 1.860 head
of Markets.) Cattle Receipts, 6,100
head; fat she stock steady to strong; can
nera and bulla, dull; all other classes
steady; top steers. $1.15; bulks of salea.
17.7601.35: Colorado pulpers, $8.76; prac
tical top on calves. $7.60.
Hogs Receipts. J.700 head; market un
even, mostly stesdy with yesterday's
average, few closing bids 15e lower; top,
I9.6 bulk of salea, $1.6009.76; pigs,
steady to 16o higher; beat $11.15.
Sheep Receipts, 4,600 head: market
steady; lambs, steady to 16c lower; 78-lb.
Sioux City Live Stock.
Sioui City. March 80. Cattle Receipts.
3.900 head; market alow and weak; fed
steers and yearlings. $.6O09.$6: fat cows
and heifers, $5.0f j 25; eannera, $1,360
4 00.; veals, $6.0009.00; feeders, $8,000
8.60; calves. $4.6008.00; feeding cows nnd
heifers. $9.7506.60; stockers, $ 0001.50.
Hogs Receipts, 9.600; lights, market
steady, 16e lower; heavy, 2$ to 3Se lower;
Itght. $9.609.35; mixed, $1.6001. SO:
heavy, 7.7508.60; bulk of tales, $8,230
Sliesp Receipts. $00; market lower.
St. Joseph Lire Stock. '
St. Joseph, March $0. Cattle Receipts,
1.100: slow, generally steady; steers, $7.00
09.60; eews, and heifers, $3.0009.00;
Hogs Recelpta. I.OOohaad: slow, open
ing, 10015c lower to shippers, top $1.76;
Sheers-Receipts, 2,600 head: slow, pros
pects lower, ewes, - $8.1009.26; lambs,
$5.00 01.7 .
By ALEXANDER DANA NOYES.
Chicago Trlbuoe-Omahsi Bee Leased Wire.
New York, March 30. After the
recovery of Tuesday on the tele
phone company's increased dividend,
today's stock market declined again.
Changes in prices were irregular, but
the market s general unsettlement
was occasioned by resumption of the
speculative program of converging
pressure on three or four industrial
snares and selecting for such pur
poses, a different group on different
days. International Harvester stock,
for instance, was driven down 10
points on the basis of highly indefi
nite rumors about, new financing
which the company denied. There
were declines of I -to 3 points in
other industrial shares, hut as a gen
eral rule the day's losses were not
Call money went to 7 per cent
again today for the first time since
March 18. The application for only
part of New York City's offering
of $5,000,000 bonds and $-12,000,000
short term revenue bills did ' not
throw a particularly favorable light
on the immediate money or invest
ment situation. This was apparent
ly a result partly of the fact that the
offering was large when investment
houses are already pretty well stock
ed with new securities, but partly al
so to the restriction of the interest
basis to 6 per cent.
In March, last year, a similar amount
of sort term Mew York olty obliga
tions were placed on a basis of 6.95 per
cent, at a time when similar United
States treasury Issues commanded 41 per
cent; today the treaaury is paying 6j
per cent and 6?4 per cent. Foreign ex
change advanced again with an Increased
business, sterling at $3.93 M, touching a
new high rate for the yoar.
Rail bharea React.
Sharea of the rail companies reacted
from the advance of the preceding day.
In this they merely followed the mar
ket's general trend, but perhaps thulr
action reflected doubt as to the prac
tical significance of a discussion . of tha
railway question in the cabinet at Wash
ington. It Is. In fact, not olear that the
administration can outline any definite
policy. Politically, It haa a large mane
In the solution of the problem, because
revival of prosperity, which always han
dicapped a new administration, depends
both on maintenance of earning power ly
enterprlaos whose securities are involved,
directly and Indirectly, the savings of
millions of citizens and on the lowerlnir
of railway ratea While still maintaining
railway solvency, the government more
over set forth In the 1930 railway act.
a dlstinoe purpose in regard to raising ade
quate earnings and the purpose haa thus
far failed, although through no fault of
All this lays something of responsi
bility on congress; but it leaves It a mat
ter of complete obscurity as to what con
gress User can do about If.
But One Remedy.
From tho practicable viewpoint more
depends on the railway labor board than
on any other body. In laying atress on
the abaolute necessity of reducing operat
ing costs and in showing frankly that
such reduction must be made primarily
in cost of railway labor, the chairman rf
the senate railway committee points' to
the only obvious remedy and that is
why a congressional Inquiry will help.
But In the last analysis the labor boaid.
which granted the $600,000,000 Increase
of wages last July on the explicit ground
that auch Increase was essential to off
set a rising cost of living and to adjust
railway wages to the wages of other in
dustries, is bound to recognize three in
disputable ractt that It is not possible
for the railways to continue auch a rata
of pay; that wages have already been
reduced some 2 per cent in other tn-
dustriea similarly placed, and that tlie
government's labor bureau, which last
June averaged pricjs at J72 per cent nore
than in 1913, now rackons last month's
average as only 67 per cent above the
prewar year. ' (
New Verk Cotton.
New York, March SO. There was Wall
treet. Liverpool and trade buying on
an open advance of 6 S 1 6 points in the
cotton market today. This - was encour
aged by tho firmer showing of tho Eng
lish market, but the south waa a sellor
here and after advancing to 12.88c, July
sold off to 12.80c, while May reacted
from 12.40O to 12.30c with the general
list losing all but 89 points of its
Private cables reported a better tone
in Liverpool, but prices Uiere eased light
after the opening here.
General business remained quiet unci
after selling up to 12.48c for May nnd
12.98 for July, or about 20026 points
net higher, fluctuations were narrow and
Omaha Hay Market.
P,..lnti nf rnilrli, hnv heavv and de
mand only' fair,- which has caused prices
Alfalfa receipts light and demand good
on better grades; market steady. Lower
grade of prairie hay and alfalfa, slow
Oat and wheat straw, steady.
Upland Prairie No. 1, $11.00012.00; No.
J, $9.00010.00; No. 8. $7.0008.50.
Midland No. 1, $10.0 11.00; No. S,
$8.0009.00. ' . "
t,owiena imo. i, n..i jvo. i, ai.vu
Alfalfa Cholc. I20.003.00: No. 1.
$17.00019.00; standard, $11.00016.00; No.
is.60011. oo; ro. I. i.wo.n.
$8.0009.00; wheat, $7,500
IJberty Bond Prices.
New Tork, March $-0. Prices of Liberty
bonds nt noon were: 3Vjs, 90.12; first 4s,
87.20 bid; second 4s, 87.00; first 4s,
87.62; second 4s. 87.10; third 4 'is,
0.22; fourth 4s 87.26; Victory 8s,
97.54: Victory 4 4.S, 7.64.
Liberty bonds closed. 3s, 90.20; first
4s. 87.40; second 4s, 87.00; first 4s,
87.64; second 4 Us, 87.10; third 4s.
90.24: fourth 4s, 87.20; victory 34s,
97.58; victory 4is. 87.64.
New Tork Sugar.
New Tork. March 30. 1 tiu local markt
for raw sugar waa more active today
and while prices were unchanged for
Cuban uncontrolled sugars seemed., to be
offered more freely and In some instances
at lower levels. There were sales of 13.
400 bags of San Domlngos, about 25,000
bags of Porto Rtcos and 3,450 bags cf
Philippine Islands at $6.27 for Centrlfural
and 10,600 bags of Philippine Islands.
Turpentine and Rosin.
Savannah. Ga. March 30. Turpentine
Firm, 47 c; sales 153 bbls. ; receipts 149
bbls; shipments 458 bbls.; stock 5,306
Rosin Firm: sales 604 casks: recclnts
454 casks; shipments 1,720 casks. Stock
Quote: B. P.. K. F. O. H. I. 33.60: K.
M. $3.60; N. $3.75; WO. $4.00; WW. $4.26.
Union Outfitting Co.
Offers Entire Stock
of 10-Inch Columbia
Records at 49c Each
You Are Not Confined to a
Few Records, but Have
Choice of Stock.
Thii "Choice of the House"
Sale of 10-inch Columbia Rec
ords for 49c at the Union Out
fitting Company is the deepest
price reduction on this . well
known line of records that
Omaha haa known in years.
Not a ainifle record is reserved
Dance nambers, Song Hita, In
strumental Selections and old
time faforites all go at 49c.
Music bvers can increase their
record ftock for very little money,
or if 4'ou wish, the records will
New York Quotations
Range of pricaa of the leading stocks
furnished bv Logan Si Itrjan, Peters
Trust building; T'sday
High. Low. Close. Close.
A., T. S F-... SIS 0 10 SI '
Baltimore A Ohio 341 S4 S
Canadian Paclflo 11SH 1US 113' 11?S
N. Y. Centml 7H
Chen. & Ohio 80
Erie R. R 12 '
8 6 "a
Gt. Northern, ptd 74
Chi. lit. Western..
Illinois Central ..
Mo Kan. A Tex..
K. C. Southern..
N. V.. .V. H. & H.
Northern Pac. Ry.
Chi. A N. W.
C, R. I. & P 274
Southern Pac, Co.. 76 V4
Southern Railway. .21,
C M. & S. P 26 "4
Union Pacific 119 1171, n
Wabash r 7J 7' T.
Am. Car ft Fdry.. 1244 1231, 124 ,
Allis-Chal'ra - Mfg.. 37 v, 26 .17
Am. l.oco. Co S7'i M Sir
naldwln Looo Wk 89, 8794 88'
lieth. Steel Corp. 68 S, 57T,
Crucible Steel Co. 89 87 V, K7 Vj,
Am. Steel Fdryt... 30", 30W 30V,
Mldvale Steel, Ord 29 9i
Pressed Steel Car.
Rep. Iron, Stl. Co. 67
Ry. Steel Spring.. 88
Sloaa-Slief. Stl, Iron 44
Utd. Statea Steel., 82 '4
29 29 29 "i
SB fl SS
Sl'i SlU 815,
Anaconda Cop Mi 361, 35V,
Am. Sm. Kf. Co. 864 36
Chile Copper Co.. lot, 94
CMr.o Copper Co.. Ifm 9V,
Calumet & Arizona 44 44
Insplr. Cons. Cop. 31 4 St
Kennecott Copper. 17, 17ty
Miami. Copper Co. 17 '4 17'4
Nev Cons Cop Co 9 1, 9
Ray Cons Cop Co 11 '4 11
Utah Copper Co... 47 4 46
Am Beet Sug. Co. 42'4 41 i
Atl O tt W I S S 41 ,S9it
Am. Inter. Corp.. 45l, 43,
a 111, num. 100. 1.0. m h 1
Am. Cot. Oil Co. . 21 31
Am. T. ft T lOKft 1054 lOK'i 10814
Brook. Rap. Trans. 34 13, 13 134
Beth. Mot 2i 2i 24 , i
Am. Can Co SOifc 29!4 294
Chand. Mot. Car.. SI SO t.ot,
Cen. Lea. Co 39 (4 S7Va 37
Cuba Cane S. Co. 24 23 23
Cal Pkg. Corp. ... 60 60 6-1
Cal. Pet. Corp. .. 43V4 42 H 424
Corn Prod. R. Co. 75 73' 73
Nat. Enara. A S. . 61S 60 V4 60 '.4
Fisk Rub. Co. . 164 154 164
Gen. Elec. Co. ...1374 136 136 137
Oast. W;ms. & W,
Gen. Mot. Co
A. JI. A L. Co. ..
H'ask. & B. Car. .
C. 8. Ind. Al. Co. .
Internet. Nickel . .
Internet. Paper Co.
Aiax Rubber Co. ,
Kelly-Spring. Tire 39ii
Key. Tire Rub. . 15 14
inter, m. Mar. ..
Max. Motor Co. .
Middle Statea Oil.
Pure Oil Co
Pierce OU Corp..
Pan-Am. P. & T.
.146 143 H3 145i
13, 13 13 13
2 3'. a
Pierce-Arrow Mot. 84
Royal Dutch Co... 65',
U. S. Rubber Co.. 70
Am. S'r Rfg. Co.. 94
Sinclair Oil & Rfg. 24 H
Sears-Roebuck Co. 697
IStromsh'g Carb. Co 97 s
Tob. Products Co.. 47 'i
Trans-Ton. OH.... ll'i
Texas Co 4H
IT. S. I'd. Pr. Corp. 2.1
IT. S. S., R. & M. . 27
White Motor Co.. 41
West'ouse Airbrake 95
West'se El. A Mfg. 49
Am. Woolen Co. . . . 73H
Total sales. 691.900.
Money Close, 6 per cent
close, 6 per cent..
Marks Close, .0151;
Sterling Close, S.94V,; Tuesday's close,
foreign Exchange Rates,
Following are todays rates of exchange
as compared with the par valuation. Fur
nished by the Peters National bank:
Par Valuation Today
Norway ..... J,
Switzerland . . .
The following quotations are furnished
by Logan & Bryan:
Armour & Co. pfd 90 H , . . .
Armour Leath. Co., common.. 12 ....
Arvuour Leath, Co., pfd S5 0
Common wealth Edison Co. ..108 a ....
Cudahy Pkg Co., common ... . b3f$ ....
Continental Motors fifi ....
Llbby, McNeil & Ltbby 10f?i ....
Montgomery Ward Co 16'jfr) ....
National Leather 8M ....
Reo .Motor Our Co 22 ?
Swift Co 102 ft)
Swift International 25 'i (jo
Union Carbide A. Car. Co. . . . 63V 63
New York Dried Fruits.
New York, March SO. Evaporatcd
rtjipiro r 11 111.
Appricots nnd Peaches Quiet.
London. March 30. Rar Silver 33d per
ounce; money, ft per cent; discount ratea.
7 per cent; three months' bills, 614 per
' Here $ opportunity for
Tatfr dresses that are worth
vey fortunate in purchasing 100 dozen of these dresses
at a very low price and we therefore are able to offer them
to our sustomers at this ridiculously low figure. Sizes 14,
If?, 18 and 20,
Price d JI
Mina Taylor aprons, in light and
regularly sold at $3.50, on sale at
In Our China Department
25-plece set of fine English dinnerware,' the best chinaware made by the Alfred Meakin Co., Eng
land, excellent quality, beautifully decorated, regularly sold at $15.00, on sale, Af
special, at pOoLry
1 wenty-tourth and O streets
A.k for TCreen
Omaha, March 30,
Grain arrivals toay totaled only
59 cars. Wheat prices were general
ly 3 cents lower. Corn sold at a de
cline of Vi to 3 cents, with the bulk
2 cents off. Oats were off Vj cents.
Rye was lower, but not euongh to
make a market. Barley was off about
The Price Current Grain Reporter
says "Conditions arc almost entirely
favorable throughout the states of
Indiana, Illinois, Missouri, South
Dakota and Oklahoma, but largely
too wet in Ohio; some localities are
too dry in Iowa and a considerable
portion of Nebraska and Kansas also
report too dry; growth conditions
consequently are unusually favor
able. No material damage has thus
far occurred by fly or bus, al
though reports indicate possibility of
such damage. Basing the govern
ment normal at 100, the estimated
percentage comparison of the growth
condition oi the wheat is reported as
follows: Ohio, 86; Indiana, 95; Illi
nois. 99: Missouri. 96: Iowa, 96; Ne
braska. 95; Kansas. 96, and Okla
N'o. 1 hard, I oara. 91.47; cars, Jl. 48;
J-9 car, 11.45 mutty)
No. 2 hard, 4 cars. $1.45; 1 ear, 11.43
No. 3 hard. 1 car. 11.41.
. No. 4 hard, 1 car, $1.38; 1 car, $1 35
No. 5 hard. 1 car, $1.33.
No. 1 spring. car, $1.63 (dark north
Sample spring, 1 car, $1.10.
No. 2 white, 1 car, 60c.
No. 3 white. 1 car. 48 He.
No. 2 yellow, 1 car, 50c.
No. 3 yellow, 1 car. 49'-ic; 2 can, 49c.
No. 4 yellow, 1 car. 4Se.
No. 5 yellow, 1 car, 4r (dry).
No. 2 mixed, 2 cars, 49c.
No. 3 mixed, 3 cars, 48c.
No. 4 mixed, 1 car, 47V,c; 2 cara, 46Vjo.
N'o. 3 white, 4 cars. 36c.
No. 2, '4 car, $1.31.
Rejected. 1 car, 40o.
OMAHA RECEIPTS AND SHIPMENTS.
Receipts Today ago ago
Wheat 27 ' lti 60
Corn 24 ' 27 83
Oats 9 14 27
Rye 9 9
Hurley ... 2
Wheat 32 78 40
Corn 61 fi 61
Oats . 6 20 18
Rye , ... '3
Barley ; 3 2 2
PRIMARY RECEIPTS AND SHIPMENTS
Receipts n"oday. Yr. Ago.
Wheat fso.ono 624.000
Corn 6S6,O0O 742,000
Oats 405,000 714,000
Wheat 623,000 377,000
Corn 407,000 80.000
Oats 387,000 534,000
Wheat 1,024,000 72,000
KANSAS CITY CAR LOT RRCEIPTfl.
Today Ago Asn
Wheat 12 37 7
Corn 149, 190 164
Oats fcf 149 88
CHICAGO CAR LOT RECEIPTS.
Todaji Ago Apo
Wheat ..16 100 l!
Corn 14 69 3)
Oats 4 '7 13
ST. LOUIS CAR LOT RECEIPTS.
Toduy, Ago Ago
Wheat 29 ; S3 00
Corn 23 61 n9
Oats 37 2 4 16
NORTHWESTERN CAR LOT RECEIPTS
, Week Year
TeJda.v Abo Atrn
Minneapolis ....... ..196 TrS r irj
Duluth 96 - 47
Winnipeg 138 25 275
CHICAGO CLOSING PrICES.
By Updike Grain Co. Doug. 3627. Mar. JO.
An. J Open. I High. I Low. 1 Clrse.
1 I I I
1.6SU 1.584! 1.544! 1
1.42?i 1.4341 I.39fc
I 1125Vi! 1.25V, 1.21
1.3541 1.35V4 1.33'
! 1.1314' 1.12M 1.1014
.4 I, I
111. 37 ll. 27
Chicago, Man-h 30. But(cr higher,
creamery extras, 44c; standard, 42c,
Kggsr-Lower; receipts, 119,711 cases;
firsts, 234c; ordinary firstsj 20(g'21c; al
mark, eases Included. 216 23c.
Poultry Alive Unchanged.;
l inseed Oil. , ,
Duluth, Minn.. March 30; Linseed on
track and arrive, $1.75.
young women to buy Mina
$5.50 for $1.98. We were
VO $5,50 j
Trading Stamp They arc Given
I '" 1.43'i
I l'4 .1 1.3S
I l.'JO,! 1.1334
By CHARLES D. MICHAELS.
Chicago Tribune-Omaha Ilea leased Wire.
Chicago, March 30. Liquidation
and lower prices for all grains, with
corn the lowest since October, 19k",
and oats lowest since August, 191 5,
featured the grain markets today.
The close was at the inside, with
wheat off 3((4 3-4c, corn, 2 l-4l.S-8
oats, 1 3-SC'U 5-8c and rye, 2(i2 l-8e,
Support was poor and it was a case
of . lack ot confidence and poor cash
demand for wheat and corn here and
of stop loss selling.
Crop news on wheat was mainly
of a reassuring nature. There were
advices from the southwest of some
damage from freezing and green
hugs, but the majority of the advices
were favorable. This, with the break
in corn and the poor cash demand
from millers, scared buyers out. The
seaboard reported no export demand
early and later said that Italy, in ad
dition to buying Argentine and Man
chnrian, had taken a cargo at the
gulf, and Spain had bought two car
goes there. In all, it was claimed that
1,000,000 bushels had been bought
for export on the break and futures
bought against it here.
Break tn Corn.
The brea.k in corn n.19 largely respon
ultile for the weakness In wheat. Opera
tors who covered Tuesday were the active
sellers ard the wheat came out in streams
from all qunrsers at times. Houses with
New York mnnectlons sold heavily and
bought on the hronli. A larwo cotton
cperalor sold July which he look on the
)revinus ,)uv T.miir ,-,u-n ,-.,, In
great volume from the sturt ,-ind espo
cinlly after the .May touched 3 as it
ran Into nop loss orders which Kept the
corn coining all tho time until the prl-
reached 61 Inc. While a Urge psrt of the
soiling was attributed to the leading ele
vator Interests, there wna also buying on
the breaks credited to them.
May oats, in breaking to 38lo. made a
new low record, the lowsl in slv years.
Liquidation and local scfling with little
resistance featured (he trading. Crop
news, In the main was favorable,
with a good demand from the south and
east with 100,000 bushels, sold at prices
unchanged to lo lowor. Ttecelpta were
only 44 cars. Cash premiums on No. 2
white were lNiiSl-Hc over Mav.
Buying of May and selling July rye and
tho revi-rsn with buying May Btralght and
scattered selling of July by traders fea
tured the market. Prices dropped 24(j
SVjc, with a small rally at the close.
Grain markets were seml-deniorallzed
during the last Imlf of today's seaslon.
lluyers tacked confidence, while sellers
were aggressive and pressed their ad
vantage strongly. The general feeling
was that corn and oata are going lower,
although there may be some rally from
tha present jvel. Llvwmore, the New
York trader who wfos credited with being
a large buyer of July wheat tljres days
ago, sold out and thr others who were
afraid of further losses lot go. There has
been a larjrn holding of job lots of corn
by the country, who have refused to sell.
The past few days has changed their
minds, and they have liquidated freely,
depressing tho price for May rrom Up
over lo even with Muy price, for a time.
This added to rthe depression.
John Inglis 'wired from Chlckashaw,
"Genera! ro'ndidon ot wheat and oats
good. No (la mace bv frost. Sufficient
number of green bugs In fields to still
make them menace to crop, but very
doubtful if they do any serious damage."
Receipts of wheat at .Minneapolis wore
196 cars, compared with 175 last week and
205 cars . last year. Duluth received 9
cars, rnmlpared with 78 last week and 47
last yeuW ,
Wlnniijes- recelnts were 138 rar, com
pared with 205 cars last week and 271
cars a ycar ago.
The Trice Current Grain Reporter says
that sJil conditions are reported almost
entirely! "favorable" throughout the statea
of Indiana. Illinois. Missouri. South Dakota
and Oklahoma, Inrgelv '"tno wt" in Ohio j
maw 'iivra'M'r;---'''-.'! is et r. ' ' "' ..'
considerable portions of Nebraska and
Knnaas also "too drv."
Members of the Hoard of Trade wiU
vote, on April' 1 on tho proposition to
change tho ruin regarding contract bar.
ley. Tt is proposed that No. 2 barlev
will be deliverable at contract price with
No. 1 also acceptable and No. 3 will be
legal tender : 1 5c 'discount. "' This is the
same as present rule., but an addition is
propoaed, making No. 3 bav brewing
mixed and No. 2 Chevalier mixed, de
liverable at 7c discount.
One of the causes ot the break in corn
was the liquidation of May by country
longs. This corn waa going out on stop
lops orders and in many cases was being
transferred to the July.
Minneapolis. March 30. Flour Un
changed to 25c higher; famllv patents,
$9.no-(i9.15 per bid. In 9-lb. cotton sacks.
Wheat receipts. 196 cars, compared with
205 cars a year ago, rash, -No. 1 northern.
tt.64'481.6.Vi ; March,. $1.38; May.
Corn No. 3 yellow, 4930c.
I Oats No. S white, 331i34V4c.
Parley 49- 69c.
Rye No. 2. It. 401.41.
Flax No. 1, $1.76'a1.79'j.
Nt. Ixuil Grain.
StS 1 .011 la. Mo.. STavCh 30 Wheat
March, ll.olilj: May, 11.39: Julv, 119'a.
Corn May. I!1'c; Julv, H',,-.
Oats May, 39Hic; July. 41Sc.
1st t'hlcngn Potatoes.
(Chicago, March 30. Polatoea Receipts,
J2 cars: market slightly atronger; north
ern white, sacked and bulk, $1. 101.20
With Each Purcha.e
Hogs 011 Toboggan
In Local Market
Price Has Declined One Dollar
A Hundred Pounds This
The pnett of hogs took another
drop of 25 cents a hundred pounds
011 the Omaha market yesterday,
making a decline of $1 since the
market closed last Saturday night.
Receipts of hogs yesterday were
14,000 head showing up, making a
threerday total of 33,012 head a
against 30,926 head the same days
last week and 53,64") for the same
period a year ago.
The bulk ot sales yesterday rang
ed from $3.25 to $9 a hundred
pounds, while last Saturday the mar
ket closed with the bulk of sales go
ing at from $9.25 to ?9.85. The mar
ket was dull with the packers slow
in making purchases.
Beef prices remain steady at quo
tations of $9 a hundred for choice
steers. Lambs were off about 25 to
50 cents, with best fat lambs sell
ing as high as $9.30 a hundred.
Man Recently Wed
Bound Over for Trial
On Complaint of Girl
I'harlcs M. Hannah, street car
conductor, was ordered bound over
to district court in $1,500 bail by
Justice of Peace Runce yesterday,
on complaint of Elizabeth Bauer, 19,
who has been held in the county
jail to keep her from doing herself
She was arrested by request of
her father, David Bauer, Forty-second
and T streets, after she had
wandered away from home in an
effort to kill herself, it is said.
Hannah married another girl, Pearl
E. Gregory, on February 23 and
they now live at 1718 Ontario street.
Elizabeth Bauer said yesterday
Hannah was a close friend of hers
up until the time of his marriage.
She was first apprized of his deflec
tion from her when she saw his
marriage' Icense in the newspaper.
Negro Stabs Workman in
Row Over Missing Boots
Arguing over the disappearance of
a pair of boots in the dressing room
of the Swift packing plant 011 the
C-...1. c.-J a. il.cn . 1 J
oouiii ciiue at u.ju yestcruay morning,
Tony Xadiezko, 4002 South Twenty
fourth street, and Levi Rose, negro,
The Road That
Leads To Financial
is just what you make it
I XssCV mate it a never end
I ng one not "vin8 ytern
ft cicilly. 1 -' " 1 '
You can make, it a long and
tedious one if your money earns
only average interest rate.
You can make it a pleaiant,
interesting and shorter road by
purchasing sound, listed di
vidend paying stocks on the
Rose 20 Payment Plan
Which road will you take ?
Write for Intensely iniereatine
FREE booklet No. 256'
"How to Become Financially
50 Brood St. NewYork
THE J.J. CAMERON CREDIT BUREAU
Known a the most Reliable and Efficient Credit Service '
for all Retail Merchant
We have complete credit information on file and give PUOMPT
reports to all Retail Dealers,
r"n : r a '.
The Retail Credit Men's Association ha Established a record as an efficient
and reliable Collection Bureau which can take care of your (
collections promptly . aod satisfactory.
THE J. J. CAMERON CREDIT BUREAU
217-218 Lefianf Buildinf Telephone Douglas 7980.
RETAIL CREDIT MEN'S ASSOCIATION
217-2IS Lefianf Buildinf Telephone Douglas 2381.
1E solicit your consignments
V of all kinds grain to the
Omaha, Chicago, Milwaukee, Kan
sas City and Sioux City markets.
We Offer You the Services
of Our Offices Located at
Kansas City, Missouri
Get in touch with one of these branch ,
offices, with yiauowcjain shipment..
The Upcf pany
ilkiiailTWlVliir ih Mil 1 Van-iiasi .liislrVii llilisiVii
came to blows, according to police,
and the negro drew 'a pocket knife
and slabbed -Tony in, the left .sid
jutt above the hip. '
Dr. J. E. Busby wa sutiinionei
and removed theN wounded nun fu
tile emergency hospital. Rose wa
lined $7.50 for assault na battery.
South Side Brevities
Soft Maplea, S91? W Kt. ,8iy 14J5.
Illlni. la coat. to per ton. Pivpuka Coal
A Teed Co.. 80. 061ti. '
Thero will be a meetlne; of Pivlalon No.
I, A. O. H . at Eairl hall, tomorrow nlghu
A. P. Conaway, paltu'na; and paper,
banting. J'hone Tyler iitii. 2-11 VlnloB
Tha women of St. Roae parleh will lv
a bunoo party at their belli 'llwe-nllntli and
.Missouri avenue, thla eveuUiiia 8.
Tho Woman'a Home Forelif iMIaalonarjr
society of Wheeler .Menorluiiuroh will
mei-t at the chun-b I 111 aftmlr-nn at 910.
loId rarkiup rmnpany, Ind Venrlant, haa
rut woKea the aame aa the .'hia; ftve,"'s
12'a per cent for plooe work anil I eenta
per hour for hourly work.
I.enna Grace Stewart, 19, daughter of
Mr. anil Mil. Frank dray, lull Mlaanui-1
avenue, died Similar at St. Paul. Tha
hoily arriveit h,rc Monday anil the funer
al will he held thla aftnrnoou at 1 train
tha Ulon naptlat church.
Shown in Middlewest,
Bank Statement Says
Chicago, March 30. Hesitancy it
again manifest in business in the
middlewest, according to the state
ment of the Federal Reserve ban k
vi the Seventh district, issued today.
This is due, the report said, to tm-i
certainty caused by high retail
prices of necessities, curtailed build
ing operations, the attitude of wage .
earners in resisting wage cuts, dc- .
laved liquidations of farm holdings, '
1 he heavy demand .for . money and
high interest. ' t
"The last few weeks, there has.
been a falling off in the movement
of all grains from the farm," the
report states. . "Mild weatfier has '
caused the farmer to turn his at- ,
tention to spring, preparations of
crops. There also has been a con
siderable reduction in the average
price of farm lands under cultiva- 4
tion. Improvement has been noted
in practically all reports from the
automobile industry." '
We Offer Py prf
Tax Free in Nebraska
$100, $500, $1,000 Amounts
25-year 8 Sinking Fund
Gold Bond. Due - 1945
' In S 1,000 and 1500 dennml- '
nations. The Sink Inn Fund
payments, aa apreed to In the
contract for this loan, are
sufficient to redm the entire
loan at or . before maturity.
Price to yield about
Circular on request for OB-380.
The National City Company'
Omaha First National Bank Bid.
Telephone Dousrlaa 8816
Hastings, Nebraska '
Sioux City, Iowa
Des Moines, Iowa
Powered by Open ONI