THE Khri: 0iatia. scn5AT. ttxaY i, 131.
Charleston To
He Biu; Fueling
Point for Ships
Declopincnt of Oil Rcfinen
Makes South Carolina City j
Strategic Hunkering Sta
tion for Large Area.
Market, Financial and Industrial News of the Day
CHICAGO CLOSING PRICKS.
An. I Ovn. I High. I Low. I Coe. I Ti'fly
Live Stock
Financial
Omaha Grain
Chicago Grain
By HOLLAND.
, Xornwii 11. Ream, a few months
lC!ore his death, spoke of the con
struction the railroad which .he
promoted ironi the Clitichficld coal
distri.t to Spartanburg, S. C, where
connection was made with a railroad
whov terminal is at Charleston. .Mr.
Ream s-aid that the Charleston ter
minal especially appealed to the men
ot finance who were building the
ciinciiiuirK railroad because m their
opinion Charleston possessed natural
advantages which if utilized would
in time make that city one of the
most important ports upon the At
lantic coast.
In earlier days Charleston was a
highly cultivated social community
which depended chiefly for its pros
perity upon agriculture and especial
ly cotton. Not until long after the
civil war was ended did the citizens
of Charleston realize that the city and
its vicinity were in possession of faci
1. .ies which would, if advantage was
taken of them, he followed by such
growth of Charleston as would en
able its citizens to compare it favor
ably with any port upon the Atlantic
coast south of Baltimore, and in fact
with any upon the gulf coast except
acw Orleans.
s I org Terminal Fanlltllt.
The railroad was ronstructeil with very
lir tormina! facilities at Charleston for
handling all th coal which th railroad
rould tarry from the Clinchfleld district.
Th presumption was that much of this
roal would be exported and In this pre-
were correct. Charleston already had one
Industry, for men of capital had estab
lished lartr fertilising factories there
chiefly because of an bundant supply
of phosphate rocV
Now another Industry whose plant is
almost completed and which will when
It Is completed cause It to b? ranked
as the largest new plant of that kind
in the United States, is established at
Charleston and operation of It has al
ready been begun. This Is an oil refin
ery plant, so that It Is at Charleston, not
hitherto recognized is an Industrial city,
where the mwest and the most Impor
tant oil refinery rocently built In the
United States Is now almost completed.
Why Charleston Selected.
It Is the -capital, energy and foresight
of Walter Clark Tcagle. A. C. Bedford
and their associates hi the Standard Oil
company or ltot Jersey, to whom the
establishment of the great refinery at
Charleston la due. The choice of Charles
ton fur this enterprise wss based upon
reasons similar to those which led Nor
man H. Ream and hts associates tn con
struct a ralltoad, modern tn every engl
nebrinto' and equipment foature, from one
ot 'he great coal fields of the country
to tidewater. lstdent Tragls and his
associates made choke of Charleston as
a place to establish the largest modern
refinory because In their opinion the city
and its vicinity furnish a strategic, point
for supplying a very large area which
heretofoia had been supplied with petrol
eum products from Baltimore and from
Mayonne. It was reamed several years
ago that the fuel oil demands had become
so great as to Justify the Investment of
a large amount of money In the construc
tion and operation of refining plants.
Mexico was furnishing all of the crude
oil which Is of especial value In produc
ing asphalt and road oils. Therefore, It
is Mexican oil exclusively which will be
brought to this great refinery and con
verted into asphalt, road oils and fuel
oils. The location is not upon the harbor
front. It Is about two miles from the busi
ness section of Charleston. It was chosen
because the Cooper river on the one side
and the Ashley river upon the other, give
adequate deep water facilities and con
venient approach to the outer harbor and
to: the sea.
When Oil First Came.
The plan was so far completed In No
vember of last year tht It was possible to
receive the first cargo of Mexican crude oil.
This amounted to 68,000 barrels and the
stills which were already completed wore
charged with this oil on Christmas day.
Probably within another year many ships
whose occupation it Is to carry fuel oil
to the markets will put In at Charleston
for supplies. The belief Is that Charleston
will within a year or two be recognised
a one of the most Important points for
bunkering ships. For at that point a ship
ran take on sufficient fuel oil to make the
European trip and return. Fortunately It
has been possible to make of avail many
or the shipping board's tankers. These
vessels are so constructed that they can
discharge crude Mexican oil Into a 16-Inch
pipe to the refineries and at the same
time receive refined fuel oil through a
12-Inch loading pipe.
It is onlv a short distance from this
plant to the terminals where now is es
tablished one, of the largest coal bunker
ing plants on tha Atlantic seaboard. This
plant represent! the energy and foresight
of Norman B. Ream and his associates.
These two enterprises will speedily bring
Charleston to pre-eminent position tn
certain forms of Industry and it fine
harbor will be alive, so to speak, with
vtesels passing up to the refliertea and
to the coal elevators, thn turning around
pass out to sea. some going to South
America or the West Indies and some to
Europe.
! Receipts ni:
j Official Alomlav ....
I official Tuesday .
j official Wednesday,
i official Thiirft!s . .
(Official Friday
Estimate Paturdav..
Six davs this wk. . .
Same days Inst wk . .
Some das u w!c. ago
"nine nays 3 wk.
Omaha. April S.
Cattle.
S.tlo
s.i:
.m
loo
St. Ml
L'S "So
20.1-JJ
97
fame days year ago. ;3, CCS
lings. Phep
1 U.SJK
i5.:n
13.;4
.000
4,0li
TOM
7S
,t,::r.4
::i,4ks
ed.sM
4!.45
"4.4CS
FteeetMs and disposition of lle stork st
the I'nlmi Htoik Tarda. Omaha. Neb. for
24 hours ending at 2 o'clork p. m. April
RECEIPTS Cars
Wabash
1'iilnu l'mlfic
C i S V.. wmi
'.. St. P.. M. O
I!. X- , eavt
i'.. H. &
.. Il.lt 1 ,t P.. east
. R. 1. P.. west
lllliiol Cenusl
Chi. tit. West
Caltle Hues
1
By CHARLES D. MICHAELS.
Chlcugo Trluune-Umahaj Bee leased Wire.
Chicago, April 30. The grain mar
kets finished with a better tone,
after showing weakness and lower
prices early Saturday. Wheat gained
! (!',, e, corn 4QS.'?4C oats were J-.-c
! lower to -c higher, the former on
I May, and rye gained 4s c for May,
I while other mouths were unchanged
i to 'c higher.
""IJ4C higher on May and unchanged
! on July, while corn showed losses of-
i!2'jft(.4c. and oats Krt.i'.jc, -May lead
Omaha, April JO.
Wheat prices today ranged un
changed to a cent higher, generally
unchanged. Com ranged a cent up
to Mc off. Yellow was unchanged to
1c higher and .mixed unchanged to
JjC off. White ranged lc up to I-c
off. Oats were unchanged and rye
By ALEXANDER DANA NOYES.
Chieago Tribane-Omaha Be 1.mmmI ne.
New York. April JO. In view of
the status of the German negotia
tions, with the period of grace al
lowed in the entente ultimatum ex
piring over Sundav, the strength of 1 i",,'r n'1 ,h" iul 1
I-.. -I " .. .... o, ,. dividend?.
lALimiigv. nas iu- iiun.-1 ToUiiy's bond mark
market fractionally higlver than at Fit-
day's losing. Comparison of last week's fi- )
r.il prices for stocks with those of the pre- ;
ceding week shuws ureal irregularity: net
advances predominating, but varying wide
ly In scope and being ofiset by a con
siderable num&eV of net declines, notably
111 the railway shares. :
But the really omenllal consideration In i
last week s jnarki-l, t alien as a whole, is :
the fui t that such resisting power should j
have been shown In the face of two such
ccncreif. ihmvs nmiouiicemeina as me sicei
Omaha. Hay Market.
Prairie. Hay Receipt moderate.
Ilent dtnand for 111 belter
Prices lemaiu firm.
Alfalfa Receipt very light
deniaud for the belter grade,
giadrs selling at a premium.
Straw Receipt light. ery lull
maud. Price firm.
1'pl.ind Fralri Hay No. 1,
i::.t0; No. s. tltt VOft ll.PA; No.
Midland Piatrle Ha; .No. I.
It-
grades
corporation's statement
1,
and barley nominal. Kcceipts today vforthv incident ot todav h hnancia
were mostly corn, arrivals Deing so markets. Sterling advanced again
oats 7, no , above the previous hiph point ot 'hr
year to $3.96! S, at which it closed, a
! rate 2c above last week s c.o.-. i..
;s- r csrs. nearly 42 cents above the year's low
cars against Ja wheat
rve and barlev, 1.
WHEAT.
No. 1 hard' 4 cars. S I.
.No. 2 hard: 2 cars. $1 SS; 7
l.l's. -
N'o. 3 hard: 4 cars. J1.3U.
"o. 4 hard: 1 tar, $1.30 t4 per
rye : 4 cars. $1
fioiire anrl harelvr 111 rfnt under! Pln enough.
cent mi- lllo1 i at-v yi p.vvf 7 iiiv.ii iv
f..r the March 12 00: No. :. 00 It S.00.
u the I'ennavlvanla Lowland Prairie Hay No.
I 9. ill; No. 2. gi.VUQ S.IMI.
as in some ways J Alfalfa Choice. 2l.0:s.o:
more interesting matt ins nutrant : .V : ., .-;.,, ,,
stocks. Klllthe. advances of - to t Point J. IS. .-.(. 11 0(1; No. i. ..IOJl 0
ivero scored in a substantial number of, straw cat, SS.00 a s.uo,
railway bonds. Transactions were not , JH H".
lerge. hut the evidence of a more fawir-i
aula attitude among investors in ennse-; London Metal.
diienee of tho Murungion nnan ina urius : Aprll 36 -Bar Silver
llinlnatect as a aisieroniK unm lennj "-
Whl.
My
luly
By
May
July
Sep.
, fern
8tre.ng VIV
,0 July
XeP-de-
1 in 1
I Sep
"''OS' Lviay
ti lie -'uiy
" 10 I Lard
.May
.1 tily
Rihs
M a y
luly
1 .30 Vi
l.tli'sl
I.Ms
1 ;7'! i.:4
1 02 j l.2H
so
.';
s7',!
.11(1 i
1
1 m
l.OiK
1 tl'i
J 01 V
.us!
.3 :
1
,:ir., '
1 It
1.0
1.2Si
1.02 V!
,:s
.MS
.K0'
.3S'
1 .10'
1.07'.
1.27 1,
1,0? 1
No. 1,
j0; No.
I
nlicut, 7.i0
IIS i
Im.tii
4 :
s.so
1 ()
I v 6i
1 . 1 0
I
! .'.0
I 9. SO
I H.7
,16. Hi
16 Cj
9 27
9 llO
,.H
.:s
if. s
116.10
I s.r.o
I 0.110
'
. s
.:
,,,
..17 s
,sss
15 7
9 !-
1
4
went in the recovery of April, 120.
Total receipts
DISPOSITION Head
Morris & Co
Swift & Co
1'udahy racking t'o.
Armour 'o.
r, W. Muflipy
Dold Facging Co. . . .
Tulol
1S4
llojis
1.009
1.4S0
2.S70
3.o:n
S.022
2j
10.21i'
Cattle Only about 150 rattle were re
celved today. This was hardly enough to
mans a niarKer ana prices were called
nominally steady. The week's receipts of
31.600 are the heaviest in several weeks
ami prices have been working lower all
week.' Steers of all kinds are quoted 50c
lower, prices being the lowest in about
nine years, ivltli the bulk of the steer3
selling at !ii.7i ti 7.76. Cows and helfr
are oukjmoc lower, while stockers and feed
eis have hold about steadv.
isolations 011 cattle: Choice to prime
i.J'7.ti5: fair to good beeves, to 7He
common to ra r heaves. Sfi
gooa to cnoice yearlings. $7.o0!jf8.00; fair
to good yearlings $7.ooe7.SO; common to
fair yearlings, .6.HQtl.76; choice to prime
..v ."1'"' gooa to ctioice neir-
ei. o.uvsji.uu: cnoice to prim cows.
I6.406.76: good to chole cows. ,5.750
6.40; fair to good tows, $5.00 5.7 S : eoin-
iouii io lair cows. s.'.uoo.2o: good to
choir feeders, $7.007.60; fair to good
ieeders, JH.2SWJ.00; common to fair feed-
l. i. . gooa to choice stockers,
ti.i507.:5: fair to good stockers. $6.00 10
0.i6: common to fair stockers, I4.S0J26.00;
stock heifers. 4.50.00; stock cows, 13 75
5.0rt; stock calves, J5.00fll7.28; veal
lllv!- i'008.I5; bulls, stags, etc., J4.0O
P7.00.
Hogs About K.OOO hogs were received
this morning, the- heaviest run reported
at any of the primary markets. Packers
refused to put up droves except st
cheaper cost and trade ruled 16(jT25e
lower, closing fully 25e lower. Best light
hogs brought J7.S0, tha days top, and
the bulk of the receipts sold from $7.00
t.60. with scsttered loads of big heavies
tinder the $7.00 level. The weeks' trade
hss been featured by a broad packing
demand, with the tendency to values a
little lower. Current prices show a de
cline of about J5o as compared with a
week ago.
It 00. 9.
.NO. & hard: 1 car, 11. m tneaiy musiy ,, Kvi. ,, ., p,,. s m ,,. v nd I
j ' botra",s- ln YZV "r;. l-i::-t car, ji.si. ! the previous hish mark of 19-l : to-1
j 1 reverie, jvrth May up aa and other - Xo. miwd: 1 car, li es. day.g ratc of 7hc pcr lranc com. i
''Ititurcs lWJc. burlier.- while. Parley i sampi mixed: i car. si.1t (41.4 lbs.). , .. I4 f, . ,
i ( ORX. ; Uilics Willi J"il. IL 111c uiJcuuiK v'i
jlost lUc Provisions were weak. No. , wi,it9: 1 ,.r, 5osc: 1 car. Me. ! ianuan- - ;
with pork lOrlScJOWCr, lard 4Cj No. 2 white: 1 car 50c; 1 car, 4.c. , - . these
1 am inrt rth J.fiVVr tinder the close . "Pi?: i "v :". - . ....... c . t- I
" ......... m - - I a t V .1 IllVI. , 1 1 II1IUULV V. MOV CCVI1I- I
No. A v.
6:'. .220
go. .202
76. .SIS
69. .231
SB. .277
69. .258
60. .316
67. .52
62, .26!
286
Sh.
160
70
140
1 10
280
140
420
Fr.
7 65
7 75
7 45
7 55
7 25
7 S3
7 00
7 10
7 20
6 50
N'o. A v.
S4..2I1
$. .17
SO. . 223
71 . .252
69.. 264
5. .267
5..287
5?. .313
38.. 380
60. .401
5h.
40
150
210
180
140
Pr
7 70
7 SO
7 50
7 60
7 SO
7 40
7 or.
7 15
6
Sheep and Lambs No sheep or lambs
were received today and prices were
nominal, as is often the case on Satur
day. Trad during the week has been
featured by a rather dull packing domand,
although fat lambs are closing about 25n
higher. .Slight Improvement is attributed
to shipping orders. Heat fat lambs are
now selling up to Jio.t with shorn lambs
up to $9 60. Fat sheep have been scarce
and are quotably steady for the week,
with good ewes worth around $7.00
7.2S. No feeders have been going to the
country.
Quotations on sheep: Best fat Iambs,
J10.2;fj 10.55; medium to good Iambs,
J.75 10.25; plain and heavv lambs, Is. 60
9.50; shorn lambs, SS.26 9.50; good to
choice ewes, $6.767.26; fair to good ewes
$6,006 (i. 50; cull ewes. $2.503..
Chicago Live Stock.
Chicago, April 0. (U. S. Bureau of
Markets.) Cattle Receipts, 1.000 head;
compared with week ago: Beef steers, 15c
to 23o lower, butcher Blie stock and bulls,
25c to 60c lower; calves, 50c to 75e
higher: stockers anil feeders, steadv to
10o lower; top beef steers this week,
J8.75; top yearlings, $9.00.
Hogs Receipts, 6.000 bead; market ac
tive; mostly steady to 10c lower than
yesterday's average; good clearances; top.
$8.60: bulk. $3.006$. 50; pigs, 25c to 50c.
lower; desirable pigs mostly, $7.25'97.50.
Sheep and Lambs Receipts, 3.000 head;
receipts today practically all packers di
rect: compared with week ago; fat lambs,
steady tn 26o higher, some mediums and
heavie up more; sheep and yearlings
steady.
New York Quotations
Range of prices of the leading stocks
furnished by Logan A Bryan, Peters
Trust building:
RAILS.
Fr!
U:gh. Low. Close. Close.
A.. T. S. F 11 81 1' 81i
Bait. & Ohio 87 U 8H 3S 36H
Canadian Paolflc..lll4 HI 111 111
N. V. Central 61 6
Brio R. R 13 12S 13 13
Ot. Northern, pfd 70
7S
maha Produce
Fruits: Bananas, per pound. c. Grape
Fruit. SO Dr. l'hililps. $1.50; 46 Dr. Phil-
lin Oft- 7.1 fhiilit.a ft,&n. r.l.?n.
. $6.00: 46 Favorite. $4.15: 54 Favorite,
$4,'0: 64 Favorite, $J.5o. lemons. 300
Holden Bowls, $C.0; 200 Silver Cords,
$5.50; 300 L'bdeoebdebt. $5.00. Navals. 126,
6 00: J150-176, $3.50; 200, $3.00: 216-250,
$4.75; SS8, $4.60; si I, 34.2S. Budded Fruit,
150, $4.75: 176-200. $4.50; 216-250, $4.26;
288. $4.00; 32, $3t76. Apples, Ben. Davis,
bx., $2.60; Ark. Blacks, bx.. $..i!5; TVinne
ssps 1S8-163, bx., $2.50; Wlnesape 175
200, bx., $2.00; Winesaps 216-223 bx.,
$1.86.
Vegetables: Potatoes. Branded H. R.
Ohlos Cwt., $1.76; U. S. No. 1 Whites. Cwt.,
$165: New Triumphs, lb., 7c, Swet
Potato. Crt. Southern, J2.60; Bskt. Seed.
$3.50. Onions, Sk. Tied or Vellow. 2c;
Crt. Crystal White. $2.26; Crt. Yellow,
$2.00. Onion Sets. Red. per lb., 4ef White,
per lb., 6c. Old Roots. Beets-Carrotts, $o;
Turnips-Parsnips. 12'3c. Oreen Vegetables,
Cucumbers ( dox) Fcv., $4.00; Cucumber
(3 do. Ex. Fey., $4.60; Florida Ham
pers, No. 1, $6.00; Florida Hampers No. !,
$5.00: Tomatoes 26 lb. Lugs, $5.00; Hd.
l,ttuce Crt., $3.50; Hd. Lettuce Dai.,
81.50: nreen Peppers, lb., 35c; Spinach,
lb., 12o: Rhubarb. Mkt. price; Asparagus
thome grown) Mkt. price; Radishes. Mkt.
price: tir. Onions (horn grown) Mkt.
price; Leaf Lettuce. Mkt. price; Turnips,
Mkt. price: Oarrotts, Mkt. price; Beet.
Mkt. price; Peas, Mkt. price; Celery, per
loi.. $2.50.
Miscellaneous, Peanuts, Bbl. Salted
About 225 tb., 11c; Drum Salted About
12S lb.. HHc: Pall Salted About 30 lb.,
12c; Jumbo Raw, lb., 14c; Jumbo Rat.,
lh., 17o; No. 1 Raw, lb.. Sc; No. 1 Roast
lb.,' lie. English Walnuts, per lb., (Dia
mond) S5c Dates, New Dromedary Cs.,
$6.73. Honey, per case, $7.0Q. Checker.
Kct.. 100 to case Prize. $7.00: 50 to case
Prize. $3.60; 100 to case, no prixe, $6.75;
60 to case, no prize. $2,40.
Wholesale price of beef cut: No. 1
ribs, 21 He; No. i ribs. 2c; No. S ribs,
17c; No. 1 loins, 27c; No. $ loins. 25'tc;
No. loins, 22c; No. 1 rounds. 184c: No.
i rounds, 18c; No. 3 rounds, 17c; No. I
l. .... 1, ,A. . V- .k-.l.. , A . . X..
chucks, Sc; No. 1 plates. 7c; No. $
plates, 7c; No. 3 jplate. Sr. .
. Slung City Lire Stock.
Sioux City. April 30. Cattle Receipts.
450 head; market steady; fed stesrs and
yearlings. $6.0025; fat cows and heif
er. $4. 0097.25: cannsrs. $1.5003.60;
veals. $6,009 $.50: feeders. $6.0067.25;
ralve. $4".506.J3: feeding cows and
heifers, J4.O0$6.OO: stockers, $6.00(.60.
Hogs Receipts. 4,500 head: market 15c
to 50c lower; light, J7.40jf7.60; mixed,
17.25?.40; heavy, $7 007.25; bulk of
sales. $7.1507.40. '
Sheep and Lambs Receipts. 25t head;
market steady
St. Joseph IJt Stock.
St. Joseph. Mo.. April 30. Cattle
8celpts. 100 head: market nominal;
s'eers, $.7S? 8.25; cows and heifers, $4.09
9$. 26: valves, $5.00 6 8.3$.
Hogs Receipts. 5.000 head; market
steadv to 10c higher: top, $ 10; bulk,
$7 0ff 8.15.
Sheep and Lamb Receipts, o head:
xaarkt yjomlnaJ$ lamb. $$.i0410.6t;
164
74
2,7
74',
21
25
116
Chi. at. Western
Illinois Central
Kan. City South.. 26
Missouri Pacific
N. V.. N. H. ft H.. 17
Northern Pao. Ry.. 75
Chi ft N. W
Penn. R. R 35.
Reading Co 73
C, R. X. & P 28
Southern Pac. Co.. 75
Southern Ry 21
C, M. St. P 25
Union Pacific. . ..116
w a oasn y
STERLS.
Am. Car ,t- Fdry.,127 127
Aliis-Cha'.m's Mfg. S7 27
Am. Loco. Co 90 S!
Baldwin Loco fll 89
Beth Steel 60 59
Crucible Steel 82 80
Am. Steel Fdr.... 30 30
Lackawanna 1 . .
Midvale S. ft O 28 28
Pressed Steel Car.. 88 88
Rep. I. ft S 64 63
Ry. Steel Spring.. .
V. S. Steel 83 82
COPPERS
7
26
it"
35
,72
2S
76
21
25
1
36
18
17
75
64
35
72
IK
21
25
116 116
, 7
128
37
Si
90
59
40 i
42
13
11
24
35
20
22
12
U
63
Anaconda 40i
Am. 8. ft R 43
Butt ft Sup 13
Chile 11
Chino 24
Inspiration Cons... 36
Kennecott 20
Miami 23
Nevada Cons 12
Ray Cons 13
Utah 64
INDUSTRIALS.
Am. Beet Sugar... 38. 37
A.. O. ft W. I. 8. S. 38
Am. Int. Corp.... 48
Am. Sum. Tob 71
Am. Tel. ft Tel... 107
Am. 7... Ld. ft S
Am. Can Co 31 'i
Chandler Mot. Car 83
Con. Leather Co.. 37
Cuba Cane S'r Co. 1
Cal. Pack. Corp.. 6$
Cal Pet. Corp.... 47
Corn Prod. B. Co.. 74
Nat. Enam. ft St
Flsk Rubber Co.
127
7
89
80
60
82
30'i
28
88
63
83
40
42
13
11
14
36
20
23
12
11
62
37
47
70
63
8
82
40
42
13
ll4$t
24
36
20
23
ii
63
38
37
35
47
71
107 107 107
'
SOT
84
37
1
69
47
74
30
83
S7
19
69
46
47
71
30
83
36
1S
18 17 17
46
74
62
17
Gen. Electrlo Co. ..136 134 126 1
Gen. Motor Co... 14'
Goodrich Co 42
Am. H. L. Co.. 11
Haskell ft B Car.
U. 8. Ind. At. Co. 72
InUrnat. Nickel... 16
Intrnat. Paper Co 63
AJax Rubber Co.. 38
Kelly-Spring. Ttr 62
Keystone T. ft R.. 17
Jiaxweit .not. uo. .
13
39
11
16
62
35
50
16
14
41
11
7l'
16
2
37
61
17
1S
38
11
66
69
16
62
37
50
16
6
Mexican Pet 148 116 147 146
Middle States Oil
furs Oil
Willys-Overland
Pierce Oil
Pan-Am. P. & T. .
Pterc-Arrow . . . .
Royal Dutch.
U. S. Rubber
Am. Sugar Rfg. .,
Sinclair O. ft R...
8earsitoebuck ...
Strombarg Carta..,
Studebaker
Tob. Products....
Trans-Con. Oil....
Texas "o
f5
35
14
35
r. s. s., r. ft w.
White Motor
WUson Co.. Inc..
West. EI. ft Mfg.
Am. Woolen
Total sales, 4.5
Money Friday .7
Mark Clos, .,
.0162e.
Sterling Clos.
..5!i.
70 6S-,
40 25
9 67
79 77
26 26
66 86
46 42
91 88
53 53
11 11
40 4i,
21 20
4i
42 42
47 47
89 79
15
35
70
29
68
78
26
86
44
89
63
11
40
21
2
43
47
79
14
35
8
11
69
35
S
77
88
26
$6
44
90
63
11
40
20
33
41
42
?S3
' r hres.
, 7 per cent.
52 c; Friday's close,
II $6 fc: Friday's alose,
ota week; ago.
The depressing factors in wheat
that led to lower prices, were pros
pects o a seaman's strike at the sea
board and reports that Germany was
out of the market as a buyer because
of friction with the allied govern
ments. A bulge came in the last
hour, which carried prices up to
$1.31 X for May and closed them
around that figures, while July
touched $1.08. The advance was due
to covering by shorts owing to the
strength in the cash markets, with
premiums here .'Ifiijlc higher on No.
1 hard at 16T.'c for short wheat and
14!ic to arrive.
Seaboard House Bayers.
There was aood buying by housos with
seaboard connections toward the last and
the extensive buying by wire houses
operating for the big eastern shorts who
have been covering foil several days.
The late strength was helped by unfa
vorable crop reports from th southwest
and hesslan fly developmens ln souh
Illinois, also of a better milling demand in
that section.
An immense evening up was - 011 ln
corn, with May liquidation regarded as
thorough. Elevator people were active
in buying May and selling July, while
many longs sold out their May and bought
July and September. May-July spread
widened to 3c, nearly the best of the
season, and indications are for moderate
deliveries of May contract on Monday.
Shipping business was improved, with
575,000 bushels sold to Montreal and Buf
falo and 36.000 bushels domestic, with
charters for 125, 0i)0 bushels to Buffalo.
The week shipments were 3.189,000
buBhels. Montreal paid 11c over Chicago,
May, for kiln dried No. 2 mixed.
Elevator people wore active in buying
May and selling July and September oats,
tho May-July spread widening to 2Q3c
at the extreme. May was depressed and
closed c lower at around 35c, while the
distant futures finished at almost the high
prices of the day with gains of to c
to July leadfng.
Local shorts were active in pressing
the selling side, while Wagner was a big
buyer of September. Cash prices were
ic lower, with shipping sales 208.000
bushels.
It was hard to trade in Msv rve st
times and prices advanced uc over Fri
day's close at the last. Cash rye is
scarce and sellers are asking for an ex
tension of time to make delivery. Dis
tant futures were little affected by the
strength in Uv.
Pit Notes.
A good many wheat traders, us well a.i
those in corn, were more friendlv to the
buying sldo of the msrkct at the close
today. They regarded May liquidations as
over and said that the market was due
for a little advance. A few were quit
positive that condition had improved.
They said that there was a large short
Interest and look for a big decrease in
corn stocks for the week, possibly 2,000
000 bushels.
Owing to the activity of elevator In.
tcrests in changing their hedges from May
to July corn and oats, the trad Is not
expecting large deliveries on Monday, a
carrying charges have widened to the
best of the season, or nearly so. with
fats 2 to 3c and corn 3c dlfferenca
between May and .July, which gives the
carrier a good profit. There Is no wheat
here to be delivered and cash premiums
are too high to think nbeut It.
There has been sufficient wheat sold I
ror export throughout the crop year to
materially deplete our reserves, says
Thomson & McKinnon, and this condition
is now being reflected in the cash' and
May wheat, but tho European buyer is
slow to follow advances, therefore, the
markets make only on irregular response
to the cash situation.
Minneapolis reported that it had sold
tho cash wheat offered to Chicago today
at May prices and intimated that more
could be had at that iguro. There were
four cars of No. 3 dark northern spring
whest from Minneapolis today that sold
at May prices here, and one car was held
at a premium.
Bid of 19e over Chicago. May c. 1. f,
Buffalo, were made for No. 1 hard wheat
here. There wa 60,000 bushel of wheat
loading Into vessels today and a good re
duction is expected ln the stocks for the
week, although' the receipts slightly ex
ceeded the shipments.
New York Cotton.
New York. April 30. 'The cotton market
vtas almost at a itandstlll during to
day' early trading.
Week-end review of the good market
and general trade condition were con
sidered encouraging. Mill curtailments
ir. New England continued heavy, but
rather a large turnover of goods was in
dicated and according to nearly alt reports,
retail trade i becoming less irregular,
with a good volume of good moving into
consumption.
Buying on uch features was checked
by th continuation of the British coal
strike and reparations, however, and there
were only a few scattering transaction
here at the opening.
First prices were unchanged to 6 points
higher, with the prices of July ranging
from $12.65 to $12.69 during the first few
minutes.
Mill curtailment at Fall Riyer for the
week was estimated at 130.000 pieces. Man
chester reported a good business with
India and Eygpt and a better inquiry
ftoin China.
No.
No.
No.
Xo
No.
No.
No.
car,
.0.
Wheats . . .
Corn . : . .
Oals
Wheat
Corn . 1
Oats
1 yellow: 2 cars. r.0c; 1 car,
2 yellow: 3 tars, 49 e.
3 yellow: 6 cars. 4$e.
4 yellow: 1 far, 47 c.
1 mixed: 1 car, 4,Y.
2 mixed: 1 car. 4'.e.
8 mixed: I car, 46c (near white)
r ear, 41c.
6 mixed: 1 car. 42c (dry).
OATS.
No. 2 white: 1 car, S4c
No. 3 white: 1 car, SSc.
No 2 mixed: 1 car, 33c.
. CHICAGO CAR LOT HKi-Kiri
Wee
Today. Ago.
. 29 42 .
.1SH 136
100 62
KANSAS CITV F.ECEIl'TS.
246 1SV
.....33 4
11 1
ST. LOUIS RECEIPTS.
Wheat 49 112
Corn 49 28
Oats SO 81
NORTHWESTERN RECEIPTS WHEAT,
Minneapolis 234 ... 194
PRIMARY RECEIPTS AND SHIPMENTS.
Receipts Today. Tr. Ago.
Wheat 821,000
Corn 620,000
Oats .435,000
Shipments
Wheat 941,000
Corn 386.000
Oats 660.000
EXPORT CLEARANCES,
Wheat 625,000
Corn 244.000 .. . . ..
OMAHA T.ECE1PTS AND SHIPMENTS.
Receipts
Wheat 28 112
Corn 56 100
Oats 7 11
Rye 4
Barley 1
Shipments
Wheat . :.2 7n
Corn 59 H7
Oat 1
Rye 3
Barley 2
Vear
Ago.
11
2
35
6
:t0
46
29
715.000
SJ7.00I
578,000
1.M5.000
229.00
433,000
640,000
' her is'no doubt abundantly explained
I by the decrease in our own surplus
! of merchandise exports to the Euro
i pean markets and by the large gold
i shipments made to use by them. But
! the exchange market has from the
! iirst shown itself sensitive to every
( shift in the European diplomatic sit
I uation.
It reacted sharply when the deadlock
occurred at the London conference and
! for that reason the rise of rates last week M.. $4 60: N.
and today, when the most critical stage WW., $3 60,
! of the negotiations had apparently been
' reached, was at least an Interesting side
light on financial sentiment regarding the
outconfe.
Price Irregular.
On the stock exchange the movement
of price wa irregular and the advances
which Occurred tn the early trading wer
offset bf tomewhat reneral reaction to
ward th clos. This left th general
New York Coffee.
Now York. April 30 The market fr
toffee futures was very quiet today, only
two lots of July changing hands dining
the entire morning. Prices, however, made
a ateadier showing and were bid up toward
the close without finding Boiler after the
earlv business In July st 6.92c. That de
livery closed t 6.98c bid, wilh the gen
eral market howlng a net advance of 6 to
8 points. Closing bids: May, 5.60c; July.
3.9sc: September, 6.38c; October, G.53c;
December. 6.88c; January. 6.09c; March.
7.1 Sc.
Spot Coffee yuiet: Rio 7s. S'iSIr: Sun
tin 4s, 8i9e. Ther were very few
offer from Brazil.
Turpentine nod Rosin.
Savannah, Oh., April 30. Turpentine
Firm; 60c; sale, 178 barrels; receipts.
314 barrels; shipments, 41,2 barrels; stock,
0,668 barrels.
Rosin Firm; sales. 488 casks: receipts,
1,049 casks: shipment, 1..91 tasks; stock
72.838 casks,
ouote: D.. $3.79. bid: 1K., $1.00; F.. $4
G., $4.30; Jl $4.35; I., $4.40; K., $4 60;
$4,6514.75; WO., $0.10;
per ounce.
1 Money 4 per cent.
IMscount Rates short
cent; tliree-molith hills, i
bills.
t per
Kansas City Produce.
-34. I i Kansas City, ilo. April 3 1. EggsUn
changed. .;
Butter Unchanged.
6', per ; Poultry Hens. 22c; broilers, unrh.niee,
l ent. ' 40q(60c; roosters, unchanged. 8c.
fr-" - ---------------
i itYiono rmnv ret nnnn i .nrnna nv
Peters Trust Bldg.
Omaha, Nebraska
We offer for Sale, Subject:
Mar Mirer.
New York. April 30 liar
mcstic. ; foreign, il)c.
I
'I
l
'I
II.
I'.
STOCKS
10s Nat'l Amer. Fire Ins $75.00
1 0 O. A C. B. St. Ry. pfd 47.50
10 Union Stock Yard 88.00
800 Harvey Crude Oil 08
lOOsNoco Petroleum, pfd 4.75
100s Overland Tir 2.7S
FOREIGN BONDS
Argentine 4 (200Z) $450.00
British 5 W. L. (100C) . . 392.00
Belgian Prem. 5s (I.OOOFr.).. 76.00
Frnch Vic. 5s (I.OOOFr.) 83.00
Csrman Gov't. 5 ( I.OOOM) . . . 15.00
Hamburg 4 (1.O00M) 18.50
Cash or Partial Payment
Ask for our Quotations on Local Stocks, Foreign
Exchange and Bonds
Slocl(i
Foreign Exchange
Bonds
II
l'
i
i
i
1
:i
Sii vrr I o-
& 1
Today Wk. ago Jr. ago
36
21
JO
81 j
43i
18 i
t
Farm Mortgages
7
39 Year of Loaning Experience
Without a Loia to the Inrestor.
Write for List
Kloke Investment Company
845 Omaha Nat'l Bank Building.
Pheaa Doug. 1150.
w yrk Sugar.
New Tork. April 30. Sugar futures
closed steady; sales, 1,350 tons; May,
3.85c; July, 3.96c; September, 4c; Decem
ber. 3.84c.
Th raw sugar market tu steadier to
day, but ther was no business reported
and price wer unchanged at 3c for
Cubas, cost and freight, equal to 4.89c for
centrifugal, with uncontrolled sugars
quoted at 4.77c.
The market for refined was steady and
unchanged at 6.60JJ6.60O tor fin granu
lated. Futures -were quiet, but the underton
steadier and closing price unchanged to
6 points net hixher on covering, owing to
fears of a marine strike. Closing bids:
May, 3.82c ; July. 3.96c; September. 4c
and December. 3.84c. all bid.
Now York Money.
Xew York, April 30. Prime Mercantile
Paper 774 per cent.
Kxchange Irregular.
Sterling Demand, $3.95; cable.
13.96.
Francs Demand. 7.73c; cables. 7.76e.
Belgian Franc Demand, 7.72c; cables,
7.74c.
Guilders Demand. 36.00c: cables, 35.10c.
Lire Demand. 4.7c: cables, 4.61c.
Marks Demand, 1.61c; cables 1.62e.
Greece Demand, be. ,
Argentine Demand, S1.75e.
Brazilian Dmand. 1.36c.
Montreal 10 11-16 per cent discount.
Sterling advanced further in the late
dealings. Domand. $3.96; cables,
53.97.
Kansas City l.lTe Stock.
Kansas City, April 30. (V. 8. Bureau
of Markets.) Cattle Receipts, non; for
week, beet steers, killing calves and stock
cow and heifers steady; yearling, fat
she stock, feeder and bttr grades of
stockers steady to !5c lower; other stock
ers 2560c higher; bulls and canners
mostly 50c higher; stock calves 26c lower.
Hog Receipt, 1,300 head; market ac
tive, mostly steady with yesterday's av
erage; choic SOO-pound to shippers. $I.S0;
bulk of sales. $7.6508.15; extreme close
dull and weak.
Sheep and I.smbs Receipts, 300 head;
tor weea, tamos strong to 100 higher. ;
Chicago Potatoes. j
Chicago, April 30. Potatoes Receipts. I
63 cars; market weak; northern white,
sacked 'and bulk, SOgJOc cwt.: -Minnesota ,
Ktr.gs. sacked. Sic: new Florida 2o. 1 '
$7.76 bbl.; No. 2, $4. 7505.00 bbl.; Texr. :
Triumphs, sacked, $5.00 cwt.
w Tork Dried Fruit. I
New Tork, April 30. Evaporated a
pics Nominal,
Prune and Apricot Firm.
Peach St4y. y
Risin-yQulet. '
We Offer
Neu) Burlington
Financing
Great Northern
Northern Pacific
Joint 15-Year Bond
Priced at 96?i. Yielding 67s
Great Northern Gen.
Mortgage 7 Bonds
Duo 103S
Priced at 96,
Yielding 7.40
There are feature of
this Burlington financ
ing that make it one of
tho mott attractive is
ue we hare ' ever
offered. May we tell
you mora about it?
Peters Trust Company
Peters National Bank.
Tarn am rtJtNeateath
New Issue '
$230,000,000
Northern Pacific
Great Northern
Joint 15-Year 6l2 Convertible
Gold Bonds
. (C. B. & Q. Collateral)
To be dated July , 19X1 Due July 1, 1936
Redeemable at the option of the companies on 75 days'
notice' at 103 .
Security The joint obligation of the Northern
, Pacific and Great Northern Rail
ways and secured by the following
collateral, valued in . excess of
120 of this issue:
$1,658,674 shares Capital
Stock of the C, B. & Q. Ry.
$33,000,000 Northern Pacific
Railway 6 Ref. and Im
provement Mortfafo Bonds,
due 2047.
$33,000,000 Great Northern
Railway 7 General Mort
gage Bonds, due 1936.
Convertible At the option of the holder into 6
Northern Pacific Railway Bonds,
, due 2047, to yield 6.20, or into
7 Great Northern Railway Bonds.
due 1936, non-callable, to yield
7.40.
INVESTMENT
BANKERS
denomination $1,000, $500, $100
Price 96 and; Interest
Yielding About 6
Deicriptive Circular Upon Request
feCoispany C
OMAHA
KANSAS CITY.
H. E.
701 PeteV Trut Bldf.
HARRIS. Rm. Mgr.
Douglas 6816
Exceptional Opportunity
Here is a
Select
Investment
Land Bonds in
$500 and $1000
Denominations
These Choice Tax
Exempt Securities
Earn High Interest
WE have a new issue of FIRST MORTGAGE LAND
BONDS in Cedar and Wayne Counties, in Northeastern
Nebraska on some of the choicest farm lands in the state.
The farms are under fine cultivation, with the best modern
improvements.
These Bonds are in denominations of $500 and .$1,000
each for the convenience of investors in large or small
amounts, all equally secured by First Mortgage.
The Bonds bear 7rp interest for five years, payable semi
annually, and are tax free in Nebraska. This gives high
net returns on your , money. We collect and remit all in
terest when due free of charge.
We most heartily
recommend these Land
Bond a the very best
there is in Farm Mort
gage investments.
(Affiliated with, tha First National Bank)
As Syndicate Members
We Offer
$230,000,000
Northern Pacific Great Northern
t
Joint 15 Year 6V2 Convertible Gold Bonds
(C. B. & Q. Collateral)
To b Dated July 1, 1921.
To Mature July 1, 1936.
Convertible at any time at the option of the holder into 6
bonds of the Northern Pacific Railway Company and-or 1
bonds of the Great Northern Railway Company.
Denominations $1,000, $500 and $100.
Security: These bonds are the direct
" Joint obligation of the
North Pacific and Great Northern Kail
way Companies. Further they are specif
ically secured by $165,867,400 Chicago,
Burlington & Quhicy stock paying 8
dividends and having a book value of
over $200 per share and in addition by
$33,000,000 Great Northern General
Mortgage 7 bonds due 1936 and $33,
000,000 Northern Pacific Refunding and
Improvement 6 bonds due 2047.
Conversion The Joint 6ylrc bonds may
jj . be converted par for par at
privilege. optioQ Qf th(, hoUcr at
any time (upon presentation not later
than 15 days before maturity or earlier
redemption) into Northern Pacific Re
funding and Improvement Mortgage trt
I
bonds due 2047 (callable after 15 years
at the company's option at 110 and ac
crued interest), or into Great Northern
Railway, 15 year, 7 General Mortgage
bonds due 1936 (non-callable), or into
the bonds of both issues in any ratio
which the holder of the Joint 6
bonds may desire, but not more than
$115,000,000 of either of such mortgage
bonds will be issuable upon such conversion.
Earnings : The average balance avail
able for the interest on
these new 6 bonds for the past ten
and one-half years has been about $64.
960,000 as compared with $14,950,000
which will be required annually for in
terest on the new issue of Joint
bonds.
We offer the above bonds for subscription, subject to allotment at
i)6 and accrued interest to yield about 6 on the Joint 6 bonds,
614 on the Northern Pacific 6 bonds and 7.40 on the Great North
ern 7 bonds.
Northern racific-Great .Northern-Chicago, Burlington A (Joincy, collateral 4
joint bonds tine .Inly 1st, 1921, with final coupon attached will be accepted ln pajment
for the new 6H bond's at 100 and accrued Interest to date of payment on allotments.
The Omaha Trust Co. United States Trust Co.
The First Trust Co. of Omaha Burns Brinker & Co.