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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (May 18, 1921)
THIS BfcJIS: OMAHA. WEDNESDAY. MAY 18, 1921. 11 Believe German Bonds Could Be Floated In U.S. rinancial Authorities Substan tiate Statement by Point ing to Large Issue of Securities Placed. By HOLLAND. While none of the financial au thorities who have been asked wheth er or not the United States would be willing to aid in placing in this country a large amount of German bonds was ready to answer the ques tion off-hand, yet almost without ex ception they did say that it would be possible and probably easy to place at least $200,000,000 of the German bonds in the hands of Amer ican investors provided certain de tails were satisfactorily adjusted. Within a short time American t banks have succeeded in placing $230,000,000 of the joint securities issued by the Great Northern and by the Northern Pacific Railroad company. It is true that the greater part of these new securities were to be utilized in taking up older se curities about to become due. But, nevertheless, the transaction was so successful! and in fact so instantly successful as to demonstrate the abil ity of American banks and. bankers to handle propositions involving many millions. Recent Ktldencc of Ability. The mor-t reoent evidence furnished. by fkdt securities, the segregate ' of which Is many millions, is found In the an nouncement that a banking syndicate, the lenders In which represent tome of the strongest banking organizations tn the ITnited Ptates, has underwritten $36,000, 000 of 10-year, seven and one-half per fent Kold bonds Issued by the E. I. du Pont de Nemours Co. Un doubtedly these new securities will be speedily absorbed by the Investing public. Thoy are looked upon with all the more favor because they demonstrate that the Interest of this corporation In the Gen eral Motors corporation Is to be perma nent. That Is to say, no longer will it be possible to carry on such dangerous speculation In the ato?k of this company as wss for a time carried on and was ended when speculative holdings were taken over by the ilu Fonts last fall, J. 1. Morgan A Co. acting as the bank em. These and many other transactions whli' h vvrrs of maxnltude and which were successfully achieved prove that the American bankers posses facilities for handling very large financial transactions. Therefore It Is not a Question of the ability of the ITnited Kin les tn take over an Issue of German reparation bonds which Is causing some hesitation. But there Is a question not i'et answered depending upon tho good faith which Is behind the bonds, the adequate endorsements which they will carry, the rate of Interest which Is allowed and soma other details. Will Frnnee Endorse Bonds? Should Franc, endorse (Herman repara tion bonds, action of therliltid would in fuse excellent credit into the issues. Iu seems to ie tne impression mat Ultimately German bonds will find their way to the United States and will be endorsed so favorably and will be so tempting as to terms ss to secure the desired market. of th'se bonds in this countr" fom. have said that American In vestors would long hesitate before being put Into the position of agents for the collection of the Gernan reparation. But this view seems to be confined to few persons. It the United States does aid it would glvs assistance not only to Ger many, but to France, Great Brtaln, Bel glum and Italy, In addition to this tho floating here of German reparation bonds will oertalnly stimulate our trade relations with Germany and probably with other nations? Tho placing of "the German reparation upon a concrete and firmly established basis I the first , step In the re-estab-llshment of International' 'trad, and fl- WHI be followed By certain prosperity. Another rieee or4 Financing. " While -negotiations of this kind are tn progress, if In fact any attempt 1. mads to negotiate, the government at Wash ington will be arranging other negotia tions of magnitude whose outcome will b of momentous importance. The sec retary of the treasury, Mr. Mellon, has. If he be correctly reported, Intimated that .within a few weeks our government may fee in negotiation with representatives of Great Britain In the ' hope that satis factory agreement, can be reached where by the Indebtedness of Great Britain to the United States treasury, which is ap proximately 5.00,000,000 can be converted Into a long time security and at a rea sonable rata of Interest. If this be done, then In' time the American public Is likely to make full Investment In these bonds. It the Investment be not full, then that part of the bond which the public does not absorb will remain as a government investment held by tha treasury and an Investment of unques tioned character. ' Vvw York General. New Tork. May IT, Buckwheat Steadier: milling. $2.85. nominal. WKjat Ppot, easyj NO. 2 red, 1H: No. S hard. 11.11 H and No.- 1 mixed durum, 91.61 H c. 1. f. track. New Tork, to arrive, and No. 1 Manitoba. Sl.TOtt e. 1. f. track Now Tork last half May 'ship ment. , Corn Spot, easy: No. 18 yellow and No. 3 white. ;4o and No. 3 mixed, 7e e 1. I. New Tork 10 days shipment. - Oats Spot, easy: No. 1 white. Mlto Lard Easy; middle west, $s.60M0. Other articles unchanged. BIRTHS AND DEATHS. Births. Henry and Anna Bosses, 3121 Elm street, girl. . John and Anna Begaes, S13I South Thirty-ninth street, boy. Zlgmund and Stanllswa Gr'.ncovlch, 4417 South Thirty-fourth street, boy. John and Sophia Paris, 4218 South Twenty-ninth street, boy. . Harold and Pauline Merryman, 3003 Foppleton avenue, boy. Sam and Nlcolena Nlcotero, 2108 Pierce street boy. Stev. and Ada Slacketka, 3713 Csstelar street, boy. Herman and Marguerlt. Gottermann. hospital, boy. Lout, and Edna Seybold, hospital, boy. James and Annstte Lee, hospital, boy. b Charles and Avla Hudson. 3223 Fan tenell. boulevard, boy. .; George and Mary Novak, 2314 Gold street. glrU ll . . : - . . ,,...1,1. , Csstelar street girl. Oulseppe and Elena Lo Greco, 1(32 North Seventeenth street, girl. Joseph and Ma. Kabourek, 2814 Spsncer street, boy. Obll and Aletha Muttlng, hospital, girl. Frank and Daisy Brown, hospital, boy. Charles and Helen Clark, hosoltal, boy. Philldeiphn and Bessi. Morlno, (223 South Thirty-first street, girl. Mis and Iron. Trth, hospital, girl. Deaths. TValdo J. Flagg. 72. hospital. Franklin C. Tym, 85. hospital. Ida Hamilton, 83, 1113 South Fourteenth street rav. Ring, 15, hospital. Sarah if. Leonard. 80. hospital. Polly Anna Debasher. 87, 2011 Locust treet. John Kabourek, Infant, hospital. Charlotte Lydla Mitchell, 78, 1107 Castelar street. Mrs. Llizl. May Holton. (8. 1(21 Park avenue. Ann. Nielsen Larson, S3, (844 Ohio street Alfred G. Sweet. 82. hospital. Frank C. Stomson, (8, 14(3 Emmet st res?. Charles Edward Smith. 8, hosplttl. MARRIAGE LICENSES. The following persona wsrs issued per mit, to wed: Charles E. Leeder, 48, Omaha, and Mar garet Hasen, 48, Omaha. Willoe C. Gregory. Over II. Omaha, imd Hslen E. Bolding. over 18, Omaha. Merrill A. Gordon. 33. Omaha, and Mart. Ackers, It. Omaha. Junes A. Prentice. 31, Council Bluffs, Ia and Theresa Cons., 20, Omaha. Russell A. Bertholf, S, Omaha, and Oeorgta 8turm. 33, Omaha. ' Maurlc. S. Ernest, 34. Omaha, and Tal John Mlnton. over 11. Lincoln. Neb!, and Marl. Spellman.. Over 18, Omaha. Prokop Stoker. 21. Omaha, and Myrtle M. Plck.tt, 25, Omaha..... C. Lest.r Fatrman. 35. Chicago. Ill, and Grace Packard, 13, Dickey, 8. D. Derwin F. Lyon, 21, Omaha, and Lena Kestba, 11. Omaha. rald MeNair. over 11. Columbus. Neb., an Irene Watson, over II. Enols, Neb. Hugh 3. McLaughlin, 27. N?maha, and amaie Wlrtfe, 20, Fomerey, la, f Market, Financial Live Stock Omaha, May IT. Reoelpt were Cattle. Bogs. Sheep. Official Monday ,95l) 1.(177 4, M0 Estimate Tuesday.. (.700 7,100 3.150 Two days this Wesk.l3,30 16,577 7, l0 J .... .., 1 . , .a. II 1 9 1 Sam. days 3 wk ago t'.Ht U.itS 14J47 name aays s wk agois,vB at.sos n.sss Sams day. year ego.14,841 11,016 1S.0M Receipts and disposition of live stock at the Union Stock Yards, Omaha, 'Neb., tor 34 hours ending at 3 o'clock p. m.. May 17, 1S1. RECEIPT" CAIt3. Cattle fj' sn"- s ... V. ..104 31! 10 Wabash Missouri Paclflo . Union Pacific .... C. St N. W., east.. C. A N. W wsst. 311 4 54 10 4 .. It .. 47 ('... St. P.. M. & O. is C. B. ft Q . east.... 1 C, B. & y.. west,.,. 38 C, R. I. & P., east.. 11 C, R. I. & P.. west.. 1 Illinois Central 1 Chicago Great West Total Roceltits ...25 10$ 13 DIBPUaillUS M BiA U. Cattle Hogs Ehaep, Morris A Co 788 1,(22 1.131 Swift & Co Cudahy Pack. Co Armour & Co. . . Schwarts CO. .. 1.641 1.972 45 ..1.256 1,314 l.45 ..1,132 1,530 1,303 43S J. w. Murphy Dold Packing Co Lincoln Packing Co. .. So. Omaha Packing Co. Ogden Packing Co HiKfflns Packing Co. .. Hoffman Bros John Roth Sons Mayerowlch Vail .... Glassberg P. O'Dea Wilson & Co F. P. Lew la J. B. Root & Co J. H. BoiU Rnscnstoim Bros Werthelmfr & Degen .. kiiis & ro Sullivan Bros Mo.-Kan. C. & C. Co... 1.01 330 S2 1 4 ' "is 17 48 43 33 1 145 43 4 13 S 20 300 173 53 3 34 1 814 E. O. Christie .. John Harvey ... "V Dennis A Francis 9 Omaha Packing Co. .. 32 Midwest Packing Co. .. 8 St. Claire 87 Other Buyers 838 Total ..7,087 8,551 4,423 Cattle With continued liberal supplies ot cattle, thore were 8.700 head hers Tuesday, the market showed a further decline and prices for both beef steers and cows wer. around 1016o lower than Monday. Best handy weight beeves sold around IS. 75 and some choice weighty heifers brought 38.00. The two days de cline ha been about 15025c and due mors to th liberal receipts than to any lack of demand. Stockers and feedors ware In limited supply, fair demand and quntably steady. Quotations on Cattle Choice to prim, beeves, 38.5008.75; good to choice beeves, S.158.50; fair to good beeves, 17.75 8.10; common to fair beeves, 37.00iS7.00i cholc. to prims yearlings, 38.80 8.00; good to choir, yearlings, 3S.10g8.60; fair to good yearlings, $7.GH8 J.10; common to fair yearlings, 36.7567.(0; choice to prim, heifers. 37.DO8.00; good to choice heifers, 3.2&417.!i0: choico to prim. cows. 37.OOeT.40: good to choice cows, 36.40 6.30; fair to good cows, $5.756.25; com mon to fair cows, 3.5(l5.00; good to choice feed-rs. 37.408.00: fair to good feeders, 86.75 fi 7.25; common to fair feed ers, 3S. 00$6.7o: good to cholck stockers, 37.2Dl97.76; fair to good stockers, 36.50 7.25: common to fair stockers, 35.00C.2J; took heifers. I4.50S.00; stock cows, 34.00i95.0fl; stock calves, 5.007.50; veal calves, 36.0010.00; bulls, stags, etc., 4,7T.0O. , BKKC SltibBB. No. A v. Pr. No. A v. Pr. 10 53 7 60 9. ..... 832 7 60 20 38, 7 66 3 1024 7 85 28 1134 8 00 37 846 8 05 18 088 8 10 21 1036 8 15 15 1350 8 SO 26 1078 8 35 SO 1376 8 SO 20 1083 8 36 4 1330 8 40 19 1!7I S 6U 10. 1330 8 60 15 1317 8 65 13 1107 8 75 TEARLlMiH. 14 610 6 25 20 627 7 00 30 (83 7 25 13 632 7 60 56 703 7 90 19...... 827 8 00 8 706 8 26 11 616 a 21 716 8 50 HBIJKKa. It 680 6 25 7 1150 7 35 3. 925 8 00 STEERS AND HEIFERS. 46 453 5 60 13 668 7 60 7 601 7 06 14 s la 025 ' 8 00 11...... 821 8 10 J4 916 8 20 11 729 8 2S 22 883 ! la 13 VIS S e.u 10 891 8 75 " L. 1j H . j 1 1300 ( SO 1 1410 6 60 1 1010 5 85 1 1870 I 60 CALVE?!. S 1!8 9 00 3 163 1 SO ( 243 10 50 COWS. 8 11I6 ( 25 9 1133 6 30 11. .....1040 6 60 1203 6 60 S 1133 fl 60 . I lill e " 13 980 7 00 ' 3 363 7 25 STOCKERS AND FEBDJ5KS. 38 674 6 60 SI...... 713 10 1 716 7 40 Hogs Today's receipt, of hogs wer. estimated at 7.900 head and the market opened steady but weakened In spots and most of th. hogs had to sell on a Steady to lOo lower basis. Best light hogs made a packer top ot 18.40, also yesterday a high price, and bulk ot th. receipts sold from 87.75i$3.2S. nous. No. Av. Sh. Pr. No. A v. 8h. Pr. 49. .381 ... 7 63 40..J38 19 1 IV 26.. 820 70 7 80 f..27S 40 7 90 73. .295 70 7 95 60. .296 110 8 00 66. .291 160 8 03 64. .260 ... 8 10 70. .234 ... S 16 55. .236 ... 8 20 l 911 70 8 26 73. .301 ... 1 iO 71. .227 ... 8 35 66.. 174 ... 1 40. Sheep and Lambs Only a limited run of sheep and lamb, arrived for today's trad, and prices for fat lambs, both corn feds and springers, wer. sharply higher. An advance of about 60c was noted en lambs with fat sheep quotably stesdy. Spring lambs similar to the (13.00 lambs yesterday advanced to 313.50 and good shorn lambs sold up to 8U.60i911.65. De sirable wool.d lambs were scare, but would likely bring 312.25 or better. A f.w shorn owes moved at 17.25. Quotations on sheep: Fed wooled lambs. 310.25W12.25; spring lambs, 110.60 12.75; shorn lambs. 110.00011.65; fed wooled ewes, 36.25 7.60' shorn swes, 34.00 07.40; cull ewes, 13.00&4.AO. FAT LAMBS. No. Av. Pr. No. Av. Pr. 155fed...67 13 00 518 Col... 74 13 00 150 fed... 61 1 00 498 Col... 73 13 Ot 114 fed... 17 U 60 SPRING LAMBS. 100fed...66 12 00 . 856 Cal...6S 13 00 (63Cal..,66 12 85 SHORN LAMBS. 101 fed.. 101 7 40 185 Cal.,.67 12 00 Chicago Live Stock. Chicago. May 17. Cattle Receipts 10, 000 head: market slow, mostly steady; weak to 15c lower on plain heavy steers; top yearlings, 39.30; top heavy steers to killers, 19.26; bulk beef steers. 11.000 1.00; fat cow and heifers, largely 16.009 7.60; bulk bulls, 16.36ffl6.2o; veal calves, strong to higher; bulk of packers, (8.60 0.26. Hogs Receipts. 28,000 head; market un even: steady to 10c lower than yesterday's average: holdover moderate; top. 18.80: very few over (1.75: bulk. IS. 15$ 8. 65; pigs, steady to strong; bulk desirable. 18.25i8.50. . Sheep and Lambs Receipts 1.000 head; market steady to 25c higher; soma i year llrgs up more: wooled lamb, top 112.76: bulk. 13.501J.76; shorn lambs, top. 112.00: bulk, (11.0011.71; California springs. 114.10: wooled yearlings, top, 111.25; shorn. 111.00; best California shorn swes, 17.70. Kansas City Lire Stock. Kansas City. May 17. (V. S. Bureau of Markets.) Cattle Receipts, 14,500 head: market for beef steers, weak to 15c low er: best losds. 18.76; few head. 18.85; butcher stock, steady to 15c lower; best 1.000-lb. cows, 16.80; bulk, I5.25J6.S5; all other clssses steady to weak; best vealers to packers, 38.00: small lots to outsiders. 38.6O9.0O; fleshy 1,268-lb. feeder steers. 18.(0. Hogs Recelots. 1.900 hesd: market opened around lOo lower, mostly stesdy to 10c lower; 9e head of 190-lbs, to pack ers. 11.33: bulk of sales. 1.00ffl8.2(; packing sows and stock pigs, steady) choice pigs, (8.73. Shesp Receipts. 18.000 head; Texas wethers, (6.7507.26: Texas ewes, 15.760 1.(0; lamba, strong to 25c higher; wooled Colorado., (11.05; Arizona springer, 111.(0; native springers, (13.(0: goats, active; nannies, (3.(0; wethers, 34.15. Sioux City Live Stock. Siou City, la.. May 17. Cattla Re ceipt. 2.500 hesd; fed steers and year lings, (6.(O08,f6; market, weak: fat cows and heifers, (4.(008.00; cann.rs, 12.0004.00; veals. 16.00010.00; calves, 15.00SI7.00; feeding cows and heifers, H.60ft6.50; stockers. (5.5007.25. Hogs Receipts. - (.000 head; market weak to 15o lower; lights, 38.36eT8.45; mixed. (7.88 8.1(; heavy. 37.6007.76: bulk, 17.6501.15. Sheep and Lambs Receipts, 100; mar ket strong. Chicago Fradeoe. Chicago. May 17. Butter Unchanged. ' T;gg Unchsnged: receipts, 14,158 cases. Poultry Allv., uncbaufsd. Financial By ALEXANDER DANA NOYES. Chicago Tribune-Omaha Bee Leased Wire New York. Nfay 17. If there was anv chanee in the financial markets today it was in the direction of greater steadiness, but as a rule the movements of the day were narrow and the changes not important. Thev embodied return to a 7 per cent call money rate, general recovery on the stock exchange after early irregular declines and resumption of the ad vance in foreign exchange." Nothing in the day's hanpenings appeared to influence it. Even the stock exchange had forgotten the "breach of good relations" between the allied powers, over which it had professed to worry the day before, e vetaoin shrdlu cruiwyp nnppjnp If the financial comrmmrly had been In any other mood than that of hesita tion, it would doubtless have taken notice of the views reported to have been stated bv the secretary of th. tressury, to the effect that the decline in commodity prices is nearly ended, that lower money Is to be expected and that the "economic pendulum Is ready to take an upward Swing." These opinions had been more or less widely voiced already, but Wall Street at times takes special interest in such utter snces when mads from a high official quarter. Just now, It seems to b. waiting for something In th. way of concrete evidence. Strong at Close. The stock market advanced In the early business, declined rather sharply for some Industrial shares st midday, but grew progressively stronger up to the closing, when a considerable part of the list showed net recovery of 1 to 3 points for the 1sy. Railways were very lightly droit In. their prices moved trregulerly. The testimony before the senate railway com mittee Is causing perhaps as much per plexity as enllghenment, for the reason that It necessarily emphasizes the bad points of the existing situation without holding out hope of relief by congress. But to take that view of the Inquiry Is to overlook the Importance of having th. exact facts of th. situation placed before the country under the auspices of an ex amining body which no one accuses of psrtlallty. Nothln gcan be permanent In the way of relief and rehabllatlon by th. labor board or any one else, unless It has the force of public opinion behind It and public opinion Is created by pressing this kind of Investigation of the fact. New York Quotations Range of prices of the leading . stocks furnished by Logan ft Bryan, Peters Trust building: . M rr a RAILS High Low Close A. , T. ft S. F 81H 81H 81H B. & 0 40 40 40Vi Can. Pac. .......114 114 114 N. T. Cen. ...... 71 71 71 Ches. & Ohio Kris R. R 14H 14 14 Gt. North., pfd.. 70V; (8 4, 69M, Chi. Ot. West.... 81, 8Vj tt Kan. City South. 27 U 26 2? Missouri Pacific. 2214 21 'i 21 N. T N. H. & H 19H l'i I No. Pac. By 7314 71 'A Chi. A N. W 6H esu 66 Penn R. R. ..... 351, 34T, 34?, Reading Co 73 72', 72H C. R. I. & P.... 33 82 14 32 34 South. Psc. CO... 77; 76 76 South. Railway . . 21 H 21 U 21 Chi.. Mil. St. P 28 28 28 i Union Pacific ,. ,.1204 120H 120U Wabash 3 8'4 S STEELS Am. Car St Fdrv:.126 12554 126 Close Mon. 81 40 114. 71 S 14 70 !' jj" 19-i 73 64 34 72 32 76 21. 28 119 8 126 a; 36 87 30 38 60 30 79 29 60 28 87 69 ' 41 ! 83 42 42 14 12 25 "S6 21 23 12 - 14 (5 39 39 47 62 38 105 10 20 67 40 19 69 49 72 67 16 186 1 12 89 13 'hi" 16 . 72 32 45 16 6 Allls-Chalm. Mrs 35H 36H suit Am, Loco. Co Utd. Alloy St Corp Bald. Loco. Wks.. SH 87H Beth. Kteel Corp.. 61 6994 50 Colo. F. & I. Co Crucible S. Co... 79 77i 78 4 Am. St. Found... 30i 30 30H Lack. St. Co 51 H 60 14 60', Mid. St. ft Ord.. 28 374 27i Pr. Stsel Car Co.. 88H 88. H Rep. Ir. ft St. Co. 69 57 68 Sloss-Sh. St. ft I .... U. 8. Steel. 83 83 13 COPPKRS Ana. Cop. Mln... 43Vi 42", 43H Am. Sm. ft Rf. Co 43H 42 42 Butte ft Sup M Co 15 14 14 Chile Cop Co.... J2'4 12 1264 Chlno Cop Co.... 26 26 26 Cal. Arls 61 61 61 Insp. Con. Cop.... 37 36 37 Ken. Cop .22 21 21 Miami Con. Co... 23 22 23 Nev. Con. C. Co.. 12 12 13 Ray Con. Cop. Co 14 14 14 Utah Cop. Co...-. 57 65 57 INDUSTRIALS im Bt. Suet. Co39'4 39 39 Atl., O ft W I S S 40 39 40 Am. Int. Corp.... 48 47 48 Am. Sum. Too. uo sow orf ;n Pacific Oil 38 38 38 Am. Tel. & Tel.. 106 106 105 Am. Zino Id & S Am. Can Co 30 30 30 Chand. M. Car... 68 66 67 Cen. Leath Co... 43 40 41 Cuba C Sugar Co. 20 19 19 Cfcl. Pkg Corp.... 60 60 60 Cal. Petrol Corp. 48 48 48 Corn Prod Rfg Co 73 72 .73 Nat En. ft St Flak Rub Co 17 16 16 G.n. Else. Co. ...187 137 137 Gaat Wm ft VI ..... 0.n. Mot Co 13 18 12 Goodrl3h Co 39 39 89 Am. H. ft L. Co.. 13 12 13 Hask. ft Brkr. Car 66 56 86 U. & Ind. Alch. Co 70 68 69 lilt. Nickel ...... 16 15 16 Int. Paper Co.... 73 71 71 Ajab Rub Co 32 32 32 Kelly-Spgfd Tire . 47 45 46 Key. Tlr. Rub.. .15 5 16 Maxwell M. Co Mex. Petroleum... 150 148 148 148 14 34 ( Middle Stat. 011.. it 10 1 Pure Oil Co....... .... ..... Wlllys-Ovld. Co... 8 8 Plerc. Oil Corp... 10 , 10 IP Pan-Am. P. ft T.. 69-.I 68 49 Plerce-Arr. Motor. 30 19 30 Royal Dutch CO... 65 84 66 17. 8. Rub. Co 74 73 73 Ab. Sugar rTco... 92 11 92 Sinclal? O. ft R.. 27 87 27 Sears-Ro.. Co 79 77 78 Str. Carb. Co 89 38 33 Studebaker Corp.. 82 79 81 Tob. Prod. Co 67 65 67 Tr.-Cont. Oil w... 11 11 1 Texas Co 39 39 39 U. S. F. P. Corp.. 23 21 23 U. S. S. R. M.. 35 34 35 Tho White Mot. Co 40 39 49 TVUson Co.. Inc.. 42 41 -42 West. T3. ft M . . . . 48 .48 48 Am. Woolen Co... 77 76 76 TAtai ksIps S04.2D0 shades. - 68 29 66 73 (1 26 78 37 79 66 11 39 21 39 '46 76 -close, closs, close. Money Close, 7 per cent; Monday 1 per cent. . " 1 , Marks Close. .0174; Monday .071. Sterling Closs, !4.&4i Monday . 14.00. V . ; , ," St Louis Live Stock. ' . East St. Louis, May 17. Cattle-R.-ceipts, " 4,300 head: steers, steady to 16o lower; common and medium grades off most; top heavies. (9.00: light yearlings. 15026c lower: top, 19.60; cows, 10016c lower; bulk, (5.6006.50; bulls about steady; stockers, steady; bulk, (6.600 700: veal calf, top, (9.60; bulk, (9 0009.60. Hogs Recslpts, 13,000 head: closed slow and draguy; 10020c lower: top. (8.(3; bulk, lights and mediums, 18.40 0 1.(0; bulk of few heavies sold (7.7601.00; packsrs sows, steady; pigs, steady to 16c lower; hold-over, moderate. Sheep and Lambs Receipts, 4.100; closed active snd 23c fv 60c higher on lamb.; ewes, steady to strong; top paid by' shippers. (11 on clipped; 311.25 on springs; bulk, clipped (11.00011.25; bulk springs, 112.76; ewes, top, (6.50; bulk, (6.0006.25; moderate holdover and me dium to common quality. - . , 8t. Joseph Live Stock. St. Joseph, May 17. Cattle Receipts, 1.300 head: market steady to 26c lower; steers. (7.0008.76; cows and heifers, (4.7601.60; calves, 16.0008.00. Hogs Receipts. 6,000 head; marks! steady to 10c lower; top, (8.26; bulk of sales.' (7.8508.25. Sheep and Lambs Receipts, 1,000 head: market, lOo to 6O0 higher;, lambs, (10.76012.20; ewes. ((.0007.50. Turpentine and Rosin. Savannah. Ga May 17. Turpentine Firm. 61; ssles, 131 barrels: receipts, 401 barrels; shipments, 131 barrels; stock, 7,193 barrels. ' Rosin Firm; sales. 716 casks; receipt., 1.(77 casks; shipments, 156 casks; stock, 76.729 casks. Quote B. .7(: D, 14.10; E, (4.30; F, 14.S6; G, (4.40: H. (4.45; I, (4.60: K, (3.K; M. (5.(6; N. ((.25; WG. (6.65; 1VW, (7.15.. New Tork Dry Goods. New Tork. "May 17. Cotton goods wr. quieter today. Prices were well main tained and demand for cotton yarns showed a slow and steady gain. Silk hoalery market, continued strong. Silk piece goods were Irregular. Spring cloth ing sales st retail provod disappolntng Cool weather was a factor. and Industrial News of the Day Chicago Grain By CHARLES D. MICHAELS. Chicago Trlbune-Omnha lice Leased Wire Chicago, May 17. Finish of the grain markets was with a heavy tone at well toward the inside of the day, after showing fair strength and .a good advance in wheat early There were net gains of on May wheat, while July closed unchanged for the second consecutive day. Corn lost rmwi oats, Js(QW; rye, 4c, and barley, lc. Provisions were slow and lower, losses being 10c on pork, 2l2Sc on lard, and IVimlViZ on short ribs Heavy buying of July wheat by the same houses and presumably for the same operator who led the sell ing last week, taused an advance of .J4c trom the low point, with the top 118. It was said to be the last of a big short line for a . New York trader. The ease with which the wheat was obtained in such a small range the purchases for the past two day being well up in the millions of bushels, created the impression that the supply came from other large sources. After the buying ceased, prices slumped 3c with the close 1.15J41.15j2. Wheat Situation Mixed. The situation In cash wheat was mixed. Premiums here were firm to lo higher with No. 1 hard winter 13c over May. Southwestern markets were lc to 2c high er early, but closed unchanged. Crop exports In Kansas sent unfnvor bal. reports and tho weekly Kansas weather crop report told of damage, while advices from Nebraska and the central west were mixed, but the bad reports brought few buying orders. Pri mary arrivals of 614,000 bushels were only 1.000 bushels over the shipments, with sesboard 661,000 bushels and export sales of 110,000 bushels to Belgium. To have an alleged press agent of farm organisations to come out with a claim that there Is a surplus of 400,000, 000 bushels corn and 230,000,000 bushels as reported from Washington was enough to scare out buyers for corn and oats and Increase the selling pressure from local Interests. It was the main de pressing factor and coupled with fair country offerings and hedglngs sales, corn broke over lc after an early bulge of o and finished at 68o for May and 60o for July. While oats sold down from 87o to 86c for May and from 39o to 38o for July and all closed at around the lowest. Cash corn lost o to lc and oats c to lc, with snipping sales of 200.000 bushels each and charters for 100.000 bushels corn to Buffalo. May deliveries were 101,000 bushels corn and 35.000 bushels oats. The rye market was a small affair, with a little May sold by seaboard ex poricrs. while trading in July was mainly between spreaders In wheat and rye. Storks are low, but the export demand Is off for the present. Delveries were 6,000 bushels. Los Angeles roceved four cars of now barley today. This weakened prices here lc with light trading. Pit Notes. There Is an undercurrent of bearish ncss In the trade whirh, If not checked, traders say, will lead to lower prices Wheat has divorced Itself from corn snd oats, as this Is tha season for their separation. There are limited reserves of wheat and a big surplus of corn and oats for which there Is a limited market Under such conditions the price cuts little figure as an export proposition as only a certain percentage of the crop can be exported under the best of conditions. The largest exports of corn in a calendar year were 207. 300.000 bushels in 1899 and of oats 114,463,000 bushels In 1918. Of late years, corn exports have ranged from 11,193,000 bushels in 1919 to 53,E48.000 bushels in 1916. Oats exports during the last seven years have ranged from 12,877,000 bushels to 114.463.000 busftels. A commission man reports ' hedging sales of July wheat against purchases of new wheat from farmers at around (1 for July shipment. The trade was vig orous at the close, as sotlon of all mar kets, especially whent th. past two days hss not been favorable to the Investment side and Is not expected to so long as uncertainty regarding legislation lasts. CHICAGO CLOSING PRICES By Updike Grain Co. Dmn?. 2627. May 17. Art. I Open. I High. I Low. I Close. I Tes. Wht. Slay July Rye May July Sept. Corn May July Sept. Oats May July Sept. Pork Msy July Lard May July Ribs May July I I I I 1.46!,1.494 1.4E! 1.46 1.46 1.15 1.39 1.10 .97 .59 .61 .63 .36 .39 .40 17.00 17.00 9.40 9.90 ) 1.1B 1.18 I 1.14 115 1.40 1 1.38 1.11 51 1.10 1.38 1.10 .77 .58 .60 .63 . .38 .39 16.90 16.90 9.25 9.55 7! .86 9.86 I 9.77 9.85 I 9.87 Minneapolis Grain. Minneapolis, May 17. Flour Un changed. Bran (16.00. , Wheat Receipts, 137 cars compared with 214 cars a year ago. Cash No. 1 northern, (1.44 1.61 ; May, 11.38; July. (1.21. Corn No. 8 yellow, 6051c. Oats No. 3 white, 3334c. Barley 4550c. Rye No. 2, 11.30 591.31. Flax No. 1. II. (!M. 16. Kansas City Grain. " Kansas Pity, May 17. Wheat May, (1.38; July, 11.09. Corn May, 51c; July, 54c; Septem ber, 67 c. , St. Louis Grain. St. Louis, Mo May 17. Wheat May, 11.48; July, (1.14. Corn May, 65c; July, 59c. Oats May. 38c; July, 39c. 1.39 M .9791 .J 1 I .69) .S9 .58S .61 .61 .60 ,63?i .64! .63 .37! .37 .36 -3s 211 39l 3s'- .11' .40j .39 1690 4l6.90 1 16.90 16.90 16.90 116.90 I 9.32 9.82 9.25 I 9.67 9.67 ' 9.52 I 9.85 9.85 9.85 I 9.80 9.90 - 9.80 ' Sensational Sale at Philip's of Ladies' Dress and Sport Skirts Wedne$dy at 9 a. m. EVERY woman and miss planning her summer wardrobe will quicklyappreciate the importance of this timely at-the-be-gimring oi the season sale. ' Unusual Value in Skirt Fresh from their packings we offer for Wednesday these striking new arrival sport skirts, novel checks, box pleated, wool stripes and plaids. In many different colors, Brown, Blue, Serges, etc. The material used in these garments is guaranteed shrunk and sponged. You'll readily recognize them as being worth de cidedly more than we are asking. $4.98 and Up 24th and OSts. Ask for (1 Groen Omaha Grab May 17, 121. Cash wheat prices ranged un changed to 2 cents lower today, the market generally showing a decline. Trading was slow. Corn was un changed to Yi cent off. Oats prices were nominally easier, no sales being reported today. Rye was unchanged and barley nominal.' Receipts today were generally lighter, wneat ana corn both showing a falling off as compared with a week ago. WHEAT, No. 1 hard, 3 cars. 11.47. No. 3 hard, 1 car., 11.46; 1 ear. (1.44: 1 car, (1.43; 3 cars, 11.42 (smutty); 1 car. (1.41 (smutty). No. 1 hard, 1 car, 11.41; 1 car, 11.40; 1 car, (1.86 (smutty); 1 car, 11.15 (very smutty). Sample hard, 1 car, (1.35 (smutty). Sample spring, 1 car, 11.23 northern). No. 1 mixed, 1 car, 11.39 (durum). No. 2 mixed, 1 car. (1.44 (60 per cent spring, 40 per cent hard); 1 car, 11.31 durum); 1-3 car. (1.36 (durum). CORN. No. 1 'white, 1 cars, 63 e. No. 2 white, 1 car, 63c. ' No. 3 white. 6 cars, 62c; 1 car, 62o (special billing). XT 1 v.llftu, t ABM P. 1 1 1 O No. 2 yellow. 1 car. 63o (dry); 1 car, 62o (loaded out); 4 cars, 62c. No. 3 yellow, 3 cars, 62c; 1 car, 62o (special billing): 1 cars, 61 Vic No. 1 mixed, 1 car, 51V,c. No. 2 mixed, 1 car. (near white); 1 car. 61 o (near white): 1 car, 6OV3C No. 3 mixed, 1 cars, 60c. RTBI No. 2, 3-3 car. (1.26. No. 4, 1 car, (1.25. OMAHA RECEIPTS AND SHIPMENTS Today Wk. Ago Y. Ago Wheat 43 66 80 Coin 25 41 (2 Oats 6 8 - 36 Rye 4 0,9 Barley 10 1 Shipments Wheat 78 49 63 Corn 26 6u 96 Oats 19 H 36 Rye 0 6 1 Barley 2 CHICAGO CAR LOT RECEIPTS. . Week Year Today, Ago. Ago. Wheat 81 100 11 Corn 207 S27 lo0 Oats 121 13Z 1ST KANSAS CITT RECEIPTS. Wheat U3 1"3 89 Corn 12 22 U Oats 8 ... 12 ST. LOUIS RECEIPTS Wheat .61 62 S3 CoVn !- 6f Oats 36 49 47 NORTHWEST' N RECEIPTS OF WHEAT. Minn 137 66 267 Duluth 42 96 87 Winnipeg 237 316 267 PRIMARY RECEIPTS AND SHIPMENTS. Receipts Today. Tr. Ago. Wheat 6J4.000 463,000 Corn 345,000 WiMW Oat 372,000 6a,uvu Shipments ,. Wheat .r 006.000 62700 Corn 691,000 229.000 Oats 689,000 ail.oou EXPORT CLEAKAiSUt.O. Wheat 651,000 541,000 Corn 322,000 ,.;.. Oats . 192,000 U. S. VISIBLE IBLS1U.UI Today AVk. Ago Tr. Ago Wheat ..11,150,000 12,423,000 38.949, U" Corn ....17,745,000 19,100.000 4.056,000 Oats ....29,277.000 30.145,000 6,294.000 OMAHA STOCKS IBUoriliJL.;. . Today Wk. Ago Tr. Ago Wheat... 363,000 334,000 1.44.o Corn 1,127.000 1.132,000 B8.w Oats ... 896,000 863,000 847.000 RV .. 19 000 34,000 125,000 Barley .. 7.000 ' 8,000 3,000 ' New York Cotton. H.n. virt mv 17. Tno cotton mar ket was ouiet again during early trading, but prices held steady because of unfa vorable weather tn the south There were complaints of too much rain east of the Mississippi river, while temperatures over tne emir. Den. were rc neirrA ton low for fAvorable crop develop ment, and these features appeared to be bringing In some trade or commission nous. Buying. Private cables reported ft poor trade de mand in Liverpool, but the English mar L,a u.q hattAp than due. if Anvthlng. and after opening steady at an advance of 2 to 9 points, sctiv. monms nere sum loom 14 to 19 points net higher, with July touching 13.06c. Liverpool ws. a fair hnver and there wss also some Wall street buying In the advance. No special feature aeveiopea laicr. uno early advance extended to 13.06c for July and 13.68c for October, or about 16 to 19 points above yesterday's closing figures. There was some New Orleans buying toward midday, but otherwise very little support and prices showed reactions of 8 or 10 points from the best under realis ing. .About 14 May notices were reported in the market here, but were without any opparent effect Omaha Hay Market. Prairie Hay Receipts light; good de mand for the better grades; price, firm on better grsdes; low grades weak. Alfalfa Receipts very light: good de mand for all grades; prices remain firm. Straw No receipts; very little demand; prices firm. No. 1 upland prairie hay. . . .(12.0013.00 No. i upland prairl. hay.... 10.00 11. 00 No. 3 upland prairie hay.... 7.00 8.00 No. 1 midland prairl. hay. .. (11.00 12.00 No. 2 midland prairie tvay... 8.00ISI 9.00 No. 1 lowland prairie hay... 8.60 9.(0 No. 2 lowland prairl. hay... 7.00 8.00 Choice alfalfa 21.0023.00 No. 1 alfalfa 18.0030.0y Standard alfalfa 14.0017.66 No. 2 alfalfa 8.5011.00 No. 3 alfalfa 7.00ft 8.00 Oat straw (.00 9.00 Wheat straw 7.50 8.00 New l'ork Sugar, New Tork, May 17. The raw sugar market was firmer with all varieties ad vancing to the basis of (S.12 for centri fugal. There' were sales of 27,450 bags of full duty sugars In stor. and afloat and 8,400 bags of Cubas from store, all at equsl to 6.12c. Interest was centered in nearby sugars only. v ' New York Pried Fruit. Nsw York, May 17. Apples Evapor ated, nominal. Prunes In demand. Apricots In demand. Peaches Steady. ' Raisin. Quiet. Trading Stamp Thoy Are Giron Bonds and Notes Th. following Quotations furnished by the Omaha Trust company: Amur, T. T. Co. Is. 1923 .... 97 7.60 Amer. T. St T. Co. 6s, 1914 ..96 7.31 Anaconda 7s, 1929 94 (.03 Armour 7s. 1(30 96 7.60 Belgian Oov't. 8s, 1941 98 8.13 Belgian Gov't. 7s. 1945 .... 99 7.63 Beth. Steel 7. 1932 99 7.45 Beth. Steel 7s, 192 96 7.80 British 6s, 1929 97 7.35 British 6s, 1929 91 0.97 British 6s, 1937 86 6.95 C. C. C. & St. I 6s. 1921 .. 89 1.33 Chrlstlanla Ss, 1945 99 8,10 Cudahy Pkg. Co. 7s, 1923 .... 99 7.45 Denmark 8s. 1945 99 K.05 French Gov t. 8s, 1145 9 8.11 J I. F. Goodrich. 7s, 1925 93U 9.07 apanese Gov't. 1st 4s, 92J 84 9.11 Japanese Gov't. 4s. 1931 .... 06 8.74 Morris & Co. 7s. 1930 98 7.76 Norwsy 8s, 1940 101 7.86 North. Boll Tel. Co. 7s, 1941 .. 98 7.0 N. T. Central 7s, 1930 100 .9S Penn. R. R. Co. 7s, 1930 101 6.83 South. Bell Tel. Co. 7s. 192S ..96 8.06 Swedish Gov't. 6s. 1939 85 7.63 Swift A Co. 7s, 1925 91 7.90 Swiss Gov't. 8s, 1940 ......103 7.65 U. S. Rubber 7s, 1980 -100 7.45 Westing. Elec. 7s. 1931 ..)... 99 7.03 4 Foreign Exchange Kates. , Following are todsy's rates of exchange as compared with the par valuation. Fur nished by the Peters National bank. auki.-Ih 30 .0027 Belgium J95 .0863 Ciecho-Slovakia :. . . .0154 Denmark 27 .1S07 England ....4.86 4'00.. Franc v 193 .0S5J Germany 238 .0177 Greece 195 .0j6o Italy 15 .0565 Jugo Slavla -OO'8 Norway 2 r Poland Sweden 27 Switzerland . . . . .18 -100 Canada -90 New York Curb Stocks. The following quotations are furnished by Logan & Bryan: Allied Oil 7 g 1 Boston Montana 61 63 Cosden OH 7 7 Consolidated Copper W IJs Elk Basin , f J Glenrock Oil -J,H'' , J r Merrit Oil Al" Midwest Refining Co. .... .149 161 Sapulpa Oil 4g Slmms Petroleum . 9 'u V. 8. Steamship 5 16 U. S. Retail Candy 7 I White Oil ' lo Liberty Bond Prices. New York, May 17. Liberty bonds at noon: '3s. 88.16; first 4s, 87.60 bid; sec ond 4s. 87.28 bid; first 4s. 87.70; sec ond 4. 87.30; third 4s, 90.74; fourth 4s, 87.36: Victory, 3a, 97.84; Victory liberty bonds closed: 3s. 88.10! first 4s. 87.60: second 4s, 87.24 bid; first 4 8, 87 61;. second 4s. 87.30; third 4s. 90.64; fourth 4s, 87.82; Victory 3s, 9i.86; Victory 4s. 97.84. Chicago Potatoes. Chicago, May "17. Potatoes Market weaker; receipts 4 cars, Northern white sacked and bulk. 90c to 11.05 cwt; New Louisiana white, I2.752.S5; Texas triumphs, 13.854.00. lonrton Money. Bar Silver 34 d per ounce. jlnne' 5s per cent; discount rates, short bills, 5 per cent: three months bills, 6511-16 'per cent. , Har Silver. Now York, May 17. Bar Sliver Domes tic. 99c; foreign, 69c; Mexican dol lars. 45 e. linseed Oil. Duluth, May 17. Linseed on track and arrive, 11.85. v,t offer hijh class flrit farm mortsags bonds on Kastern Nebraska land in oon tuntent denominations of 1100. loOO snd 31.000. Local tax exemption. UNITED STATES TRUST CO. Affiliated with Tbe United State National Bank 1(12 Farssst St. Omaha. Neb. SPECIAL We offer a limited amount ($14,000) Certificates of Deposit, issued by Stat. Bank and protected by the Depositors Guaranty Fund f the state of Nebraska at a price to yield 10 interest. Certificates are for $ 1,000, 12,000 and $6,000 and run for one year from May 2nd. We offer all or any part for im mediate sale at 94. Our client needs the cash and bis loss will b. your gain. You must act at onee if you wish to secure any of these certificates. , Union Securities Funding Co. 434 Securities Bldg. Phono Jackson 3742 Omaha Wednesday at 9 a. m. South Omaha With Each Purchase. Farm Mortgages 7 . South Side Veteran Sheep Dealer Dies In Sanitarium "ews was received yesterday at the live stock exchange of the death of John Ross, 60, veteran sheep deal er on the local market, at Battle Creek, Mich., in a sanitarium where he was taken for treatment for an at tack of paralysis, which occurred about two weeks ago. Mr. Ross was a native of Marion, O., and is survived by a son, George, in Ohio, a married daughter living in New York and a' brother, John V. Ross of Shelton, Neb. For the past five years -Mr. Ross ,had been a resident of Long Beach, Cal., af ter having retired from the sheep commission business. fturial will take place in Marion, Ohio. Accident Victim Identified By Laundry Mark on Shirt The body of the man who died in the' South Side General hospital Mon day night after being found uncon scious in L street between Twenty fourth and Twenty-fifth streets, was identified yesterday as that ot Ed ward Hamilton, emplove of Swift & Co., 4611 South "Twenty-fifth streets. Hamilton's skull was fract ured and his leg broken. He was identified through a laundry mark "E. H." on a shirt. Motorman Saves Man's Life By Quick Use of Brakes Motorman J. C. Jensen, Windsor hotel, applied the brakes to his car and probably saved the life of Ed ward I.. Dangherty, 4124 S street, who was caught under the fender of the car. Daugherty is now in the St. Joseph hospital wilh a possible frac tured skull and internal injuries. Workman Electrocuted David Wright, 37. -.negro, 5422 South Twenty-second street, was in stantly killed by electrocution yes terday while changing extension electric lights at the Dold Packing plant. Pioneer Packer Dead Erwin B. Towl, resident of the South Side for 35 years and a pio neer in the packing industry, died yesterday morning at his home, 2222 L street, .after a short illness. He is survived by his wife, and four sons New Jewelry Dept. ..at ip jrmi One of the Special Features this week will be the display of Novelty Jewelry, among which there are Tnany useful items for men and women, as well as articles for the little ones, suitable as birthday, graduation and other timely presents, such as Bracelets Lavallieres Lockets Rings You will be agreeably surprised at our absurdly low prices in this department and remember that the manufacturer's guar antee stands back of every article. ' ' 42-piece set of Imported English Dinner Ware, beautifully decorated, finest quality ware, spe cially priced $8.75 24th and O Sts. . Ask for tyGntn Trading' Stamps Won't You Profit by the Experience of Others? The' caution of men who go from childhood to old age dependence, . and the advice of men who attain independence, ii the same. Yos must save . . . save . . . save. The Time to Start is Nowl The OmahaNationalBank Farnam at Seventeenth, Capital and Surplus, $ 2,000,000. tr- -:.' f T v- rormer Ay t-onimusioncr nay it. TowJ, Ralph K.: Towl, Fred fowl and Germain Towl of Mexico City. South Side Brevities Th. Adah Ksnslnston club will partake of a 1 o'clock luncheon Thursday aft.r noon at th. hoiu. of Mrs. It. a Hsnnlnf, (It) North Fortieth .treet, Charles Stebra. 17, son of Mr. and Mra Anton Stsrba, of nurktnwn. south of the oity, died Monday night followlnt a week'. Illness. The body Is held at Csrosco. morbus pending funeral arrangements. The Alpha Centra! Horn, club will mt with Mrs. C. K. 8rarr at the "Muromllt," Beltcvue, Wednesday. Those attsndlna are requested to take the Fort Crook car at 10 a. in. and gat off at Seventeenth avenue, ' STERBA Charles, 1!S Sidney street, died of double pneumonia Monday eve-, nlng. May U, 1981, aftor throe days' Ill ness, ailed IS years. 3 months. He Is sur vived by his parents, three sisters and three brothsrs. Funeral Thursday, 11 a. m., from Korlsko Funeral home. Inter ment St. Maria cemetery. French textile workers have been compelled to accept a 30 per cent cut in wages. gssM Where Does Your Surplus Go? The Omaha Trust Co.'a Modern InvcBt oient Plan makes ii possible for you ti place your savings ot .110 a monti or more in sound bonds yield ing from 6 to 8. Call or " write for Booklet B-6S. giving details about this plan. the.. s stores Cuff Links Scarf Pins Brooches Etc.; Etc. 26-piece set of Roger Bros. Sil verware with chest, 25-year guarantee, consisting of six me dium knives, 6 spoons, 6 forks, 6 teaspoons, 6 tablespoons, one sugar shell and one butter knife :10x9x4V4 mahogariy-finished chest, lined throughout, regular $25 value, on sale tf; 1 O rA special for, set. Pla(..JU South Omaha Tbs are Given With Each Parches. Ill oSs)ass i st tH 'ill -TTff