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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (June 12, 1921)
0 A THE BEEt OMAHA, SUNDAY, JUNE 12, .1921. Market, Financial and Industrial News of the Day Live Stock ..Receipts were iCrflolal Monday.... .Official Tundiy.,., Affleltl Wednesday., Official Thursday.., Afftslal Friday pftlmet Saturday., mc ay tola wk Omaha. Juns 11. Cattle Hors Sheep I.U t.U .70 1,63 10.743 7.4(15 It, 914 4,632 11.50S 1,2S 11.183 76 6.800 38,884 (11,396 36,743 8, 278 6,187 6.131 3.461 Sam day last wk.. 36.078 44.617 30.601 nil day 3 wit ago. 16.666 63,766 25,104 mi daya 3 wk. ago. 36. 676 63.666 36,(61 Itaraa day year ago.. 30.366 66,173 32,638 TIlntl MnA jM.nA.mnn tt flu .tnrlr lit tj Union atock yards, Omaha, Neb., for m Hours, ending at I p. m.. June Jl, RECEIPT CARS. Cattla Hogs so. Pae. Ry 3 Union Pacific K. R , (.' A N. W. Ry., east ; C! N. W. Ry west C, St. P., M. A O. Ry Si B. a Q. Ry., east a. ....... t , , B. & Q. Ry., west 9.1 R. j. p., aast C; R. L A P., west JTOnola Central Ry .........v... . 2, O. .W. Ry 1 "Total receipts 3 106 Z' DISPOSITION HEAD. Armour A Co ..1,246 Oudahy Packing- Co 1,428 TWId Packing; Co 244 iTArris Packlnc Co 641 SGrlft A Co 3,031 J.. By ALEXANDER DANA NOYES. Chicago Tribune-Omaha Be Leased Wire New York, June 11. A week of excessively violent movements in all the market ended today with early weakness and subsequent recovery in European exchange, with another very general decline in the industrial stocks and with a further advance in wheat, which brought the market for July deliveries 4 cents a bushel above the last price before Wednes day's government crop estimate was published. The department of commerce gave out the country's foreign trade re turns for May, which was interest ing, not only for the further decline of exports, but for a precipitious de cline of the import trade to the smallest figure of any month since February, 1918. On the stock exchange the selling reached large proportions, with a .w. Murphy".".!'.!!!'.!!!!!"!'.ir.'.i!466 1 number of industrial shares, in .- . which the days declines ranged Rang of prices of the Heading- stocks. furnished by Lqgan A Bryan, Peters Trust Dmming; RAILS. Friday's High, Low. Close. Close. A T. A S. B. - 78tt B. A O 37V 87 37 38 Canadian Pacific. :il0 110H HOft 110 N. Y. AH. R 67 67 67 1 67 cnes. A UhlO 6 "4 Krle 12H Gt. Nor. pfd. 66 H a....... Chi. Gt. Western. Illinois Central... M., K. A T K. C. Southern... Missouri Pacific. New Haven - Northern Pacific. C. A N. W Pennsylvania ... . Reading- - ........ C. R. 1. A P 31 Southern Pacific. . 72 H Southern Ry...... 16 C, M. A St P...'!5 Union Pacific Wabash 66H 66 U 13 13 i 66 t 3H 23 20 16 67 64 88 8 2 3 23 28 16 20 16 164 C6 66 68 63 84 84 34 67 66 '4 66 SO 30 71. 73 16 19 3S. 26V .115 115 115 116 7i 7 7 1H, 66 13 60 7 88 2Vi 23 S 17 67 64 34 66 31 72 19 zs ;;Total 7.345 ..Cattle As ususl on Saturday, (here wss Mining In the way of beef cattla on sale sad prices were nominally steady. For tke week receipts have been unusually liberal, 23,900 head, but demand from , tMh local packers and shipping: buyers Yjxm Droaa ana strong so mat prices were . T&ll sustained right up to the finish. Bst fat yearlings sold up to $8.60 this wek end best of the heavy cattle around J..2li88. 60, the bulk of the fair to good eattle selling around I7.60igi8.16. Choice MMfnrs closed strong for the week with Afdlnary butcher and canner stock pos s&ly a shade lower. No changes In feed- igt. , .Quotations on cattle: Choice to prim beeves, 88.1008.60; good to choice beeves, , ti"6S.OO; fair to good beeves, $7.60 7(45; common to fair beeves, S7.OO0l7.BO; cKolc to prime yearlings. 38.15i3i8.60. ' gbd to choice yearlings. $7.80if8.15; fair fj'good yearlings. 37.26(57.76; common to tl'r yearlings, 36.757.35; choice to prime bjlfire, $7.267.76. good to choice helf c. 36 007.25; choice to prime cows, t..S56,76; good to choice cows, $5,760 S; fair to good cows, 85.00OS.75; com njon to fait1 cows, 82.0004.00; good to hrtc feeders. I7.257.76; fair to good feeders, S6.B0S7.2S: common to fair feed ers. 6 OOfgs 60; good Xa choice ttockers, $J267,75. fair to good Blockers, 36.60 common to fair stackers, 15.0006.25; (tunck heifers, 34.5006.00; etock cows, ?J6O04.75; rtock calves. 35.0007.60; veal calves, $5.0009.00; bulls, stags, etc., 34.00 JWt 00. ftegs Th week Is closing with a fair Elturday run of nogs, about e.auo neaa, fa the usual Saturday demand. Arad- ieg was rather tjulet, with prices generally a. little lower. Most or ma nogs nuiu afeout a dime lower, although individual steles were quoted anywhere from steady 'T'15c lower. Shippers bought sparingly. t$'at light hogs made a packer top of IS5 and bulk of the receipts sold from 3125 7.75. Trade during the week has held up In good shape under liberal re ceipts and current values for hogs show an' average advance of about 15c over a ij'ek ago. v.S05 M....305 Sh. Pr. No. Av. Sh. Pr. 210 $7 25 62.. 343 70 7 30 7 35 67. .277 70 7 40 7 45 70. .241 .. 7 60 140 T 55 -66. .223 70 7 60 7 65 25. .228 .. 7 70 40 7 75 91.. 205 .. 7 80 7 85 84. .214 40 7 90 80 , T 95 TT.'.240 7T.'. 209 f.'t'OS 63.1.210 Sheep ?o sheep or Iambs were received tettay and values remained on a nominal bSsle. Trade, during the weak has been rather uncertain, opening at fair advances i)5(l closing at declines. Compared with a, week ago spring lambs and cornfed a selling about 31.00 lower, with fed sheep about a -quarter lower. Western springers have dropped to 313.25 and good jlltive springers are down to $11.60 and &s. Pretty good fed shorn lambs are closing at $10.00. with fed shorn ewes quoted up to $3.5003.75. 'Quotations en sheep: Spring- lambs, 3frOO012.25; shorn lambs. $9.00010.60; ebern ewes. $2.7503.75; cull ewes, $1.00 IJU.60. a. New York Produce. TTNewYork. June 11. Butter Unsettled ; (vieamery higher than extras. 31H032c; oseamery extras (92 score), 3131c; fWsts, 2830c. Eggs Irregular, unchanged. "Cheese Easy, unchanged. 3foultry IJv and- dressed, quiet, un-cSJnged: :i ANNOUNCING HI ijbne of the first reductions " in Kosher Meats. Home-Made Corned Beef U Steinberg's usual Q C A Quality), lb......:.. OJC iWatcn for Further Reductions ; DELICATESSEN DEPT. WfoodGeatev LLilLU H41KK.mU.Ml 1814-16-18 Farn.ra AT lantic 4603 THE LARGEST MARKET from 1 to S points. There was no change whatever in the market's character. Railway Shares Firm. Railway shares, as a rule held rea sonably firm; It Is one of the many anomalies of th present market that this group of stocks, representing companies whose position might easily enough give food for the imagination of the pessimist, should have auffered least in th past week's depreciation of valuea. But prices do not seem to have been moving lately on the basis of what la either feared or hoped or expected for the future. Wall Street has been especial ly engaged In "discounting" the past. The weekly statement of th associated banka showed further reduction of $61. 258)00 In th loan account; which Is now lower than the high point of last October by th prodigious sum of $1,006,000,000. It must not J forgotten, however, that this account. In the weekly bank state ment Includes holding of securities as well as market loans and discounted bills. Th downward swlna- of rates, with subsequent partial recovery, a dally oc currence in th past week's foreign ex- cnange mantel, was repeaiea loasy. ex cept for Berlin, however, none of th principal European exchanges touched the week's lowest rates. Sterling, after a lc decline, recovered o. It ended 4c above Thursday's low point of $3.69 (soma bankers have quoted $3.69), but 10c under the previous weeks closing and 36 c under th present year s nlgn level, reached on May 19. w York Cotton. New York, June 11. Trad In cotton continued slow this morning, wltb first prices at New York unchanged to 2 points higher. The south was again a seller, while Liverpool, Wall Street and local traders bought. Most of the switch ing' from near to later months waa don by spot houses. Soon th list was steady at about 1 to 3 points net above the previous close Reports of an unsettled ton In the stock market and a favorable weather forecast led to Increased liquidation. Oc tober aold off to 13.04c, making a net decline of 10 points, but later rallied on covering. The general market closed steady, net" 4 points lower to 5 points higher. Chicago IJve Stock. Chicago, June 11. (TJ. 8. Bureau of Markets.) Cattle Receipts, 1,000 head; compared with week ago beef steers, sh stock and bulls generally steady; spot, higher; veal calves, .25c higher; atockers and feeders, dull, 25o lower. Hogs Receipts. 7,000 head; market ac tive, opening steady to 10c lower; mostly steady with yesterday's, average: fairly good clearance; top, $8.40 for 50 hogs: practical limit, $8.35; bulk of sales, $8.00 08.25; pigs. 10016c lower. Sheep Receipts, - 6,000 head, mostly packers direct; compared with week ago aged Iambs. 75c$1.00 lower; springs, $1.0001.26 lower; sheep, steady to 25c lower. ' Kansai City Xlve Stock. Kansas City. Mo., June " 11. (TJ. 8. Bureau of Market.) Cattle Receipts, 275 head. .For week: Beef steers, steady to 25c lower; sh atock, steady to 60c lower; cannera and stock cows.. 25c lower; bulla, killing and stock calves, steady; feeders, steady to 25c higher; atockers, 25050c higher. Hogs Receipts, 400 head; market ac tive, steady to strong; some heavies high er; 190 to 260-lb. hogs, $7.8508.00. 8heep No receipts; market for week: Sheep, 250500 higher; spring lambs, 60 75c lower. Sioux City IJve Stock. Slouz City, la., June 11. Cattle Re ceipts, $2.50; fed steers and yearlings, $6.0008. &; market steady for th week; fat cwa rd heifers, $5.0008.00: canners, $1.7504.25; veals, $5.0009.60; calves. $4.60 07.00; feeding cows and heifers, $3,600 5.00; atockers. $4.6007.00. Hogs Receipts, 6,600 head; market steady, 10c lower; light, $7.6507.90; mixed, $7.5007.75; heavy, $6.6007.45; bulk. $7.4007.85. Eheep and Lambs Receipts, none. St. Joseph Live Stock. St Joseph, Mo., Jun 11. Cattle Re ceipts. 200 head; market nominal; steers, $6.2608.85; cows and heifers, $4.0008.25; calves, $6.0008.50. Hoga Aecelpts, 4,509 head; market teady to strong; top, $8.00; bulk of sales, $7.8008.00. ' Sheco Receipts, 200 head; market nom inal; spring lambs, $11.00011.75: clipped lambs, $9.00010.00; ewes, $0003.25. . . STEELS. Am. C. A F.......134 128 124 123. Allis-Chalmera ... 82 31 83 31 Am. Colo. CO.'.... 81 81 81 Utd. All. StL. Corp 28 23 23 Baldwin Loo.' Wka 76 76 75 Beth. Stl. Corp... 63 61 62 Crucible Stl. Co. 60 67 67 Am. Stl. Foundries 27 27 27 Lack. Steel Co.... 40 40 40 Mid. S. A 0 24 23 24 76 76 IB 49 48 48 81 80 80 76 63 23 76 62 61 27 40 24 78 49 82 35 76 76 88 88 39 88 12 12 10 10 11 23 23 23 83 33 33 19 19 20 21 21 21 10 13 49 49 Pr. Stl. Cat Co. Rep. T. AS. Co. . Ry. Stl. Spring. Sl.-Sh. 8. A 1. U. S. Steel 7T COPPERS. Ana. Cop. Mln.... 38 $8 Am. 8. A R. Co.. 89 39 B. A 8. Mln. Co.. 13 13 Chile Cop. Co.... 10 Chlno Cop. Co.... 23 Insp. Cons. Cop... 83 'Kennecott Cop.... 20 Miami Con. Co ..21 Nev. Con. Cop. Co. 10 10 10 Ray. Cons. Cop. Co 13 12 12 Utan Copper co... so TNnTTHTRfALS Am. Beet Sugar Co 30 29 29 . 30 at n Ik W. I. 8. 8 37 26 37 z Am Internet. Corp 86 85 36 35 Am. Sum. Too. Co 67 66 56 67 lm rr.itn nil.' .. 17 IT 17 17 Am. Tel. A Tel. ..104 104 104 104 Am. A. A C. P... 35 as sai Bosch Maa-neto ..38 Continental Can... 47 American Can 27 Chandler Motor... 69 Central Leather... 36 Cuba Cane Sugar. 11 10 10 Cal. Pkg. Corp Cal. Pet. Corp.... 43 40 43 Corn Prod. Rfg... 64 63 63 Nat B. A S 61 . 81, 51 Ftsk Rubber 12 12 12 Gen. Electrlo 127 i: Financial New York Quotations Chicago Grain 83 88 47 47 27 27 68 69 36 36 27 59 35 11 66 40 64 61 12 0 15 66 86 27 9 9 83 33 85 85 69 69 14 14 64 66 126 127 27 27 3 36 11 3 36 11 2 2 Gt. Northern Or. 27 Gen. Motors....... Goodrich 33 Int. Harvester... U. 8. Ind. Alco. Int. Nickel Int. Paper .' Island Oil Kellv-SDrlnrfield Keystone T. A R.. 12 Int. M. M l.rall Xfntnr 2 Mex. Pet 132 128 130 132 Middle States Oil.. 11 11 11 11 Pur Oil Co 26 25 26 26 Willys-Overland .. 7 7 7 7 P.Mfm Oil 37 35 37 35 Pan-Am. P. A T.. 62 60 51 60 Plerce-Arrow .. .. 19 16 18 Royal Dutch 66 54- 68 U. S. Rubber 66 65 66 Am. Sugar Rfgi.. 73 73 72 Sinclair O. A R-. . 21 - 20 21 75 33 71 64 8 34 Sears-Roebuck Stromsberg Carb. Studebaker Tob. Prod. .Co.... Trans-Con. Oil. . . Texas Co U. 8. F. P. Corp. Whit Motor Co. Wilson Co., Inc.. Western Union .. West. E. A M... Am. Woolen Co.. 74 74 33 33 70 70 64 64 7 8 83 83 19 18 19 18 34 S3 4tV2 aiff 9 24 84 60 14 66 3 36 13 13 2 19 66 511 74 20 75 32 70 63 8 S3 S3 87 45 73 87 87 87 45 46 45 74 73 74 Tntai eies 421.600 shares. Money Friday's close, 6 per cent Marks Friday's close, .0147c. Sterliig Close, $3.75; Friday! close, $3.76. . New York GeneraL . New York. June 11. Wheat Spot, mar ket, firm; No. 2 red, $1.72; o. a nara. 11 75- No. 3 mixed. 11.70. 0. 1. I., tracn v. V,-ir in Arrive: No. 1 Manitoba, 81.88 c. I. f. track New York first half June shipment. . ' ... Corn Spot, market steady; No. t white and No. 2 yellow, ac, ana no. mn, 82c. track New i otk, i ow muiyun. ' Oats Spot, market -steady; No. 1 white. 4 C. Chicago Potatoes. rvi... .Time 1 A Potatoes Old. firm receipts, 22 cars; northern white, sacked mw. hull. sOcfflSl.Tio ewt: new, weaker; Louisiana white, $2.0002.15 ewt; Ala- km SDauldlng Rose, i.j,n..wi, Virginia, $4.75 bbl; North Carolina, $4,000 4-2 DM. Chicago Produce. Chicago. June 11. Butter Higher; creamery extras, 30o; standards. 30c; firsts, 25 0 29c;' seconds, 20 0 24c Eggs Unchanged ; receipts, 23,300 case. Poultry Alive, lower; ' fowl, 11 He; broilers, 32040c. Liberty Bond Prices. New York, Jun 11. Liberty tends closed: Js. 88.82; first 4s, 87.80 bid; sec ond 4s. 86.80 Bio; nrsi 4, 86 94; third 4s, 91.64: fourth4s, 87.12; Victory 3, 98.40; Victory 3s, 98.40. . i I New York Dried Frnlte. New York, June 11. Apple Evapor ated, market firm. Prunes Quiet. ' Apricots Firm.- , Peaches Steady. Raisins Quiet- BIS MET Q Money-Saving Specials for Monday's Selling uality Meats Lowest Prices 212 N. 16th St 2408 Cuming St 4903 S. 24th St Choicest Choice ' Choice Pork Butts, " Fresh Cut Round Beef Pot Lean Pork Lean, for Hamburger Steak Roast Chops Roasting Steak, 2 lbs. 20c 10c I 20 c I 18c I 25c Smoked Meat Department Sugar Cured Skinned Ham. . . . . ... .26c Supar Cured Regular Ham. . . . . . .-. .29c Sugar Cured Breakfast Bacon. . . . . .24c Sugar Cured Strip Bacon. . . . . . . . ... 18c Sugar Cured Picnic Ham .16c Armour's Star Breakfast Bacon.... 44c Extra Special for this Sale Only P. & G White Naphtha Soap (limit one to a customer), lobars .45c Pure Lard, per lb. 12 Fresh Spareribs 10c Choice Leaf Lard 10c SPECIALLY FOR THE WARM DAY ' Puritan Sliced Boiled Ham, per lb. .60c Fancy Sliced Dried Beef, per lb. ...60c Choice Sliced Pressed Ham. ...... .22c Choice Sliced Minced Ham. 22c Choice Sliced Cooked Corned Beef. .40c Choice Wienies and Frankfurts. . . .18c Fresh Bologna and Liver Sausage. 16c " Fancy Summer Sausage... 25c Best Creamery Butter -32c By CHARLES D. MICHAELS. Chicago Tribune-Omaha Bee Leased Wire. Chicago, June 11. Bullish condi tions counted in grains at the last today, with more than a complete recovery from the early declines and with prices at the highest of the day. Weather conditions were bearish early and bullish later, a hot wave be ing predicted for this week, which was regarded as unfavorable for both winter wheat and oats, as they are in the filling stage in many sec tions. Net gains on wheat were 2 1;4 S l-2c, with- September leading. Corn gained 1 3-8l 3-4c, with July and September practically the same price, while oats were up 7-8lc, and rye 31-441-4c. The week witnessed an erratic movement of values, with wheat ad vanced and corn and oats on the decline. At the last wheat was 7(31 8c higher, corn off 1-21 3-4c, oats 1-2(5)1 3-4c, rye 66 l-2c higher and barley neglected and unchanged. Pork showed 30 cents advance, lard 1517l-2c and ribs were 221-2 30c higher than a week ago. Black Bast In Nebraska. A new feature in wheat was the report ef black rust from Fremont to North Platte, Neb. It had been known of for several days, but no attention had been paid to it . Crop Expert Snow, who spent most of the week going over that state, said the rust waa there, but was not likely to do any damage. Rains were reported over part of toe winter wheat country, with floods In Kansas and fin weather In the northwest. At the last the bulg waa due to buying on reports of a hot wave for the coming week. There was nothing In the export or gen eral cash demand to create a strong and advancing market. Export demand waa slow and no new business was reported. Cables from Liverpool said buying from England was not to be expected for a week owing to the millers' conference in progress there. At no time was th celling pressure on wheat heavy, except from a local opera tor, who was getting out of a large line oi July from $1.38 to $1.37. His wheat was absorbed and the buying by commls sion houses was liberal with the seaboard taking July, advancing it to $1.38 at the last and closing it at $1.3801.38. Heavy September Baying. September was bought byamost of the oig nouses witn wan street connections. and after selling at 17c under July early, it advanced to 14o discount at the last. It was the feature and started general covering. Sentiment waa more bullish at the last, with expectations of rain for the southwest over the Sunday holiday, which would delay harvesting. Heavy buying of September against salea of July was a oig factor at the last. Corn prlrea were off 01o early, with trading against th bids. At th last hour they advanced, so that buying against offers became active. July sold from 61 c EP64c. mere waa also active covering by shorts in July and buying of SeDtember ana selling of July and vice versa, which advanced th July to even "with Septem ber. Country offerings were lighter and cash trade was slow. The week'a re ceipts at primary markets war th larg est at tnia time in years. Oats were sold free early aaralnat week ly blda and declined, only to become ac tive at the last on general covering, due to predictions of a hot wave. Prices moved up lo at the extremes and fin ished near the top, with July 38 o and September, 39c. Rye trading waa light and consisted mainly in spreading with wheat. Cash prices were 3o lower and futures up 6c from the low point of the day. The seaboard Inquired for barley, but bids were out oi line. Pit Nbtes. A weather market la on In wheat and th conditions prevailing in the winter wheat section this week are expected to be the leading factors in shaping the course of values. The winter wheat crop i. m b. .ma wnere damage can easily result form hot weather and too much rain. It is the same way with oats in many sections. SeDtember wheat, which has been under pressure lor a week. Is showing Increased strength. For several days a few of the large traders have called attention to the discount being too great, as compared with the July, and the buying today brought It into prominence. Those who have been long on July were getting out late today and taking tne September, which advanced, the latter 3o relatively to the July, leaving the discount around 14c at the last. The short interest has been cut down somewhat , but Is still large, Should there be fains In Kansas and Oklahoma this week, harvesting will be delayed and the movement of new crop wheat held back. Kansas City claims that there is 25.000.000 bushels wheat sold to go out by the end of July, which will take a Mr movement to satisfy, as trier e is little wneat at Kansas Jity ana the movement from the country the last few dava has been reduced by wet weather. September wneat naa its season s range th last week. 81.134 Bl.244. or lie. whll. the Julv had a ranse of 130. the latter getting within lc of the highest of tn season. Vnr th. tlm. feelnr there la a more friendly feeling toward the buying side of corn ana oats on creaks, on tne meory that they have been well liquidated. Cash demand is not following the advance in futures. No. 2 yellow and No. 2 white corn was e under the July and No. 2 mixed le under, with No. 3 grade 1 42o under; No. 3 white oats today were July, o to c under. Omaha Grain CHICAGO CLOSING PRICES. By TJpdike grain Co. PP. 2627. June 11, Art. Open. I High. I Low I Close. I Yes. Wht, July Sept. Bye July Sept. Corn July Sept. Oata July Sept. Pork July Lard July Sept. Rib July Sept. 1.86 1.88 1.34 1.88 1J 1.34 1.38 16 1.17 1.24 1.16 1.24 1.18 1.17 1.28 1.18 1.28 1.32- 1.J7 1.31 1.28 1.07 1.12 1.07 1.12 1.08 .82 .64 .SI .64 .62 . 63 .62 .63 .64 .61 .63 .62 .62 3 .87 .88 .36 .38 .37 .87 '. .38 .38 .38 .33 .38 .38 38 17.60 17T60 17.60 17.60 17.60 S.87 87 .8i MT .8S 10.17 10.20 10.1S 10.20 10.30 10.17 10.1T 10.13 10.12 10.17 10.42 10.43 10.40 10.40 10.42 Minneapolis Grain. urinneanAll. .Tuna 11. Flour Un changed to lOo higher; in carload lots, family patents quoted at $.789.S0 a barrel in 98-pound cotton sacks. Bran $16.00. , Wheat Receipts, tit ears, compared with 322 cars a year ago; casn , jno. i northern. $1.641.66 ; July, $1.38. Corn No. 3 yenow, exwosc. Oats No. 3 white, 34J4o. Barley 46 62c. Rve No. 2. $1.36(fM.87. Flax No. 2. $1.8601.88. i St. Louis Grain. Louis. Mo.. June 11. Wheat July, $1.88 asked; September. $1.21. Corn Juiy, eutao uneuj. 620 bid. - Oats July, !o 01a; mpremwr, bid. Kansa City Grain. Kansas City, Mo., June 11. Close: Wheat July, $1.281.28; September, $1.16. corn juiy. gini otpiimMt, 6wc. New Tork Money. New Tork. June 11. Prim Mercantile Paper 6 6 per cent. Exchange weak. Sterling Demand, $3.73; cables. ! . .... France Demana, t.jc; caoie.. i.nc Belgian Francs Demand, 7.80c; cables, 2o. Guilder's Demand. 33.80c; cables, 32.10c. Lire Demand. 4.88c; cables, 4.81c. Marks Demand. 1.42c; cables, 1.43c Oreece Demand, S.OOc. Sweden Demand, 22.16e. Norway Demand, 14.60c. Argentine Demand. SO.OOe.. Braslllan Demand. 13.26c." ' Montreal 10 per qent discount Kansas City Produce. , . Kansas City. Mo.. June 11 Eggs Firm;, firsts. 22:: seconds, 17c Butter Unchanged. Poultry Hens, down lc, at le: broil- era, lower, 28 36a; roosters, unchanged. Bar Silver. New Tork. June 11. Bar Silver Do mestic 9He; foreign, 69 e; Mexican dollars, 46v Omaha. June 11 There was a moderate run of wheat and corn today and oats light, Grain arrivals totaled 128 cars, against 131 cars last Saturday. Wheat sold at vn advance of lc to 2c. Corn was lc to l'ic higher, No oats were reported sold. Kyi and barley were unchanged. WHEAT. No. 1 hard: cars, $1.66; 1 ear, $1.64 ismutty.) No. 3 hard: 11 cars, $1.64; S ears, $1.62. no. nara: cars, 11.63; cara, i.bj 1 car. $1.62 (smutty); 2 cars. $1.61 (smut ty); 1 car, 81.48 (very amutty.) No. 6 hud: 1 car. 31.49: 8 cars. $1.43: car. $1.47. Sample hard: 1 car, $1.68 (live weevil.) Sample spring: 1 car, $1.26 (48. ( lbs.) No. 1 mixed: 1 car. 31. SO. No. 6 mixed: 1 car, $1.40 (60 per cent nara, 40 per cent white.) CORN. No. 1 white: 8 cars, 64o, No.' 6 white: 1 car, 49o (musty) I car, 48o (musty.) No. 1 yellow: 4 eara, 82c No. 2 yellow: S cara, 62c. No. 3 yellow: 1 car. 61c. Sample yellow: 1 car, 40o (hot, musty) 1 3-o car, sac. No. 1 mixed: 2-6 car, 60 o. No. 3 mixed: 1 car, 62o (near white); cars. 60c; 8-5 car. 60c. No. 3 mixed: 6 cars. 60c. No. S mixed: 3 cars, 47o (musty): 1 car, 46c. Sample mixed: 4-6 car, J2o (hot, sour) 1 car, ISO meeting.) RTH. Nc 3l I ear. $1.24. BARLBT. No. I: t cars. 65c. Na. 4: 8-6 car. 64 Ue. No. 1 feed: 1 car, 61 (shipper's weights. ) CHICAGO CARLOT RECEIPTS. Today. Wk, Ago. Tr. Ago. Wheat 28 30 Corn 636 T8 169 Oata 179 341 66 KANSAS CITY RECEIPTS. Tooay. uk. Ago. x r. Ago. 176 175 107 79 69 38 7 14 ST. LOTUS RECEIPTS. Today. Wk. Age Tr. Ago, 117 78 88 93 48 . 96 S3 89 19 NORTHWESTERN RECEIPTS OF WHEAT. Today. Wk. Age Tr. Ago. Minneapolis 326 168 22 Duluth 119 84 37 Winnipeg 158 165 86 PRIMARY RECEIPTS AND SHIPMENTS, Receipts Today. Tear Ago, Wheat 1,063,000 763,000 Cern 1,075,000 909.000 Oats 766,000 ; 373,000 EXPORT CLEARANCES Today. Tear Ago. Wheat 283,000 993,000 Corn 26,000 OMAHA RECEIPTS AND SHIPMENTS. Receipts Today, vvk. Ago. Tr. Ago Wheat Corn . Oat ., Wheat Ccrn ., Oat . , Wheat 60 Corn 49 Oata 8 Rye 1 Barley 4 Shipments- Wheat 85 Corn 69 Oata t Rye Barley ......... l 49 64 15 2 1 90 33 9 36 124 14 New York Curb Stock. The following quotations are furnished by Logan & Bryan: . Allied Oil 4 6 Bnatnn Montana 63 & 65 Ronton Wvomlnar 11-16 Cresson Gold 118-16 fnHn Oil iV& 6 Consolidated Copper 1 1 Elk Basin 60 7 Federal Oil 1 Glenrock Oil 1 1 Island Oil 3 Merrit Oil 8 Midwest Refining Co 131 183 Silver Klne- of Arizona 10 20 Sapulpa Oil 88 88 RItnm. Petroleum 7 7 Tonopah Divide 1 11-18 V. 3. Steamship 1-16 U. S. Retail Candny 69 7 White Oil io Asked. Omaha Hay Market. Prairie Hav RecelDts very light. Lit 41. ri.mn.nd. Prices remain firm. Alfalfa Receipta very light, very ntti demand. Prlcea lower on better grades. Straw No receipt. Fair demand. Nn 1 ltnl.ni nr.lrlA hav. 312 to $13 No. 2 upland prairie hay, $9.50 to $10.50; No. 3 upland prairie hay, $7 to $8. No. 1 midland prairie hay, $11 to $12; No. 1 midland nralri hay. $8 to $9: No. 2 mid' land prairie hay, $6.60 to $7.60. No. 1 lowland prairie hay, $8.60 to $9.50; Nc 2 lowland nralrl hav. 86.60 to 37.60. Choice alfalfa. $19 to $20.60; No. 1 al falfa, $17 to $18; standard alfalfa, $13 to 315; No. 1 alfalfa, $8 to li ; no. a aixaira, $7 to $8. Oat straw, $8 to $9; wheat straw, $7.6$ to 38. Chicago Stock, The following quotations are furnish id By Logan e Bryan: Armour & Co. pf d Armour Leather Co. com . . . Commonwealth Edison Co.. Cudaby Pkg. Co. com Continental Motors Hartman Corp. com Llbby. McNeil & Llbby Montgomery Ward Co. .... . National Leather - Reo Motor Car Co. , Swift & Co.... Swift International Union Carbide & Carbon Co . 88 . 12 .108 .46 48 t 76 8 19 7H 17 92 24 41 Turpentine and Bosin. Savannah. Oa.. June 11. Turpentine- Firm; 66c; sales, 425 bbls.; receipts, 697 bbls.; shipments, 224 bbls.; stock, 7,740 bbls. . Rosin Firm: sales. 733 casks: receipts. 1,859 casks; shipments, 8,976 casks; stock, 76.665 casks. Quote B. D.. $8.80; E., $3.85; F. T., $3.0; H., $4.00; I., $4.10; K $4.60; M., $5.10; F., $560: W. O., $6.30; W. W., $7.00. New York Dry Good. New Tork. June 11 Cotton goods were quiet generally. More activity waa re ported In fine goods for spot shipment. Tarn were barely steady. Knit goods were in moderate aemana ror fan. Bur laps were firmer on a higher-basis. ' London Money. London, June 11. Bar Silver 86 d per ounce. Money 4 per cent. Discount Rates Short bills. SK ner cent; three months' bills, 6 9-lt per cent Linseed Oil. Duluth, Minn.. June 11. Linseed on track and to arrive, $1.93. Address Before British Body to Be Made Public Speech qf Columbia Univer sity Head to Imperial Con. ference Not Be Behind Closed Doors. By HOLLAND. This time Dr. Nicholas Murray Butler, president .of Columbia univer sity, will so speak to the British im perial conference which is soon to be in session that not only the premiers of the British dominions and colonies will hear, but also the woild. For the presumption is that Dr. Butlers address will be made either in pub lic or will be reported for publication. The other time Dr. Butler appeared before statesmen of Great Britain the doors were closed. No report of that unprecedented meeting reached the public. ' Even Lincoln did not know that a meeting oi this kind haa taken place. Confidence was en forced and that confidence Dr. But ler himself has steadfastly main tained. But one of those who heard him was so Kreatlv impressed that he, through forgetfulhess, broke the confidence and imparted to his hearer the story of the meeting. In that way it was known to a very few that this American university presi dent sat informally at a table in a committee room surrounded by some of the great minds who were directing the policy and politics of Great Britain. Invited to Confer. Tt . waa at th tlm whan discussion centered around the question of whether th House of Lords be abolished or it power should be curtailed. Dr. Butler happened to be in London while this dis cussion was the commanding question In English public life. He was askea n n would be willing to meet a few of th Brltlnh statesmen informally and to ex plain to them the fundamental principle upon which the American government 1 based, the relation oi tn sovereign states of the union, each sovereign within certain perfectly defined limitation, to the aeneral covernment. Tne uritisn statesmen were anxious to know what tha relation of the senate of the United states to the house of representative and to the cresldent was and what the co ordinate relations between these three Independent bodies also was. Also some thing of the authority of the supreme court. The statesmen of Great Britain wno heard Dr. Butler at the time listened with amazement to his profound and yet very lucid statement in which he set forth the fundamental principle' or tne Amtrlcan government. He told as though tt were a narrative which he waa la Foreign Exchange Hates. Following afe today's rates of exchange as compared with the par valuation. Fur nished by the Peters National bank: far Valuation. Today. Austria 30 .0027 Belgium 195 .0795 Czecho-SIovakla .0144 Denmark 27 .1725 England 4.86 8.76 France 193 .0795 Germany 2S8 .0146 Greece 195 .0612 Italy 196 .0495 Jugo-Slavla .0074 Poland ,'ivix Canada 1.00 .8940 What Is Ahead of the Railroads? AUR statistical department has prepared a concise but com prehensive analysis of the railroad situation that should be read by all who hold or contemplate buying railroad securities. It will help yoa to get a clearer view of the future of these securities, as it contains much data relating to physical conditions and legislation, as veil as finances. Write tufor a free copy ef "What It Ahead of the Railroads" KRIEBEL & CO. Iiuettmma Banker 137 Sstrtt U Safe St, CHcags $62 STOCK PRIVILEGES IOC PUTS AND CALLS ) 0 Best, safest way to trade. No marcrfn. Calls possible, as risk is limited. Profits unlimited. Ask for free booklet. SUCCESS IN THE STOCK MARKET' with small outlay hundreds .vt dollars are made. UNLISTED SECURITIES KENNEDY & CO.. Est 1884 Member Consolidated Stock Exehange.N.Y. 74 OKOAUWAY, INfcW YORK Farm Mortgages 7 : ' , 39 Years of Loaning Experience Without a Loss to tha Investor. Write for List Kloke Investment Company 845 Omaha Natl Bank Building. . Phone Doug. 1180. Don't Fight a Ford Control It With a Worm Steering Gear 2 Hours to Attach t' Sprague Tire Company Atlantic 3032 18th 4 Cuming INVESTORS and TRADERS Should read this FREE booklet. "Who Is Your Broke?' You know your doctor, lawyer and banker, but how about the men jgu trust with your investments? Write and ask for J-13 Sha&iMand 198 BroadvmNewttrK MONEY IN GRAIN 125.00 invested in Grain Stocks or Cotton on our plan gives opportunity to make $260.00; $60.00 will make $500.00. No further risk. Our method of quick daily profits with combined capital gives th small investor big opportunities. Grain. Stock and Cotton markets now offering big returns. Act quick while markets are active. Write for psrticulars. MERCHANTS BROKERAGE CO. S90 Dwifht BIdf. Kansas City, Mo. TRUSTEE S SALE at Public Auction June 23, 1921 There will be sold at public sale on June 23 at 10:30 a. m. at the plant of the Hebb Motors Company and Patriot Motors Company at Havelock, JNebraska, the entire plant, machinery, tools and inventory of the Hebb Motors Company and Patriot Motors Company, Bankrupts, consisting of nine and one-half acres, with 200,000 square feet of. floor space, railroad siding, machinery and tools, the inven tory consisting of trucks, truck parts, truck bodies, body parts, raw materials, office furniture, fixtures, patterns and designs. For full information, write the undersigned. Joseph E. Rosenfeld, Trustee in Bankruptcy HAVELOCK, NEB. formally reciting th story ef th discus slons out of which cam th American constitution. Mot Applicable to Britain. Dr. Butler demonstrated that tha American prlnclpl of government in It chief featurea at least Is not adaptable to Great Britain. In soma of its features, however, there was, or there might be similarity through th establishment of perfect federation between Great Britain and her dominion and colonies. The memory of this exposition of th American principle of government by Dr. Butler remaina with the British statesmen who heard him apeak. In alt probability It was this earlier Informal and confiden tial meeting which haa led to the invita tion by the British Imperial conference to Dr. Butler to address that conference while Ita meetings are In progress, some time In June. Of course it Is only a matter of Infer, nc that Dr. Butler will In his addreaa refer chiefly to the relation of the do minions and the colonlea to the empire. Some of the addresses which Dr. Butler has made In the past year or two con tained hint of hla profound conviction that there should be established very close federation between the dominions and the colonies of Great Britain and the empire. He may hav In mind our own dominions and colonies, th Philippines, Porto Rico and th little Archipelago, which we recently secured th sovereignty over by the payment of millions to Dsn mark. Our own administration of thss dominions end colonies has furnished on the whole an excellent demonstration ef what the relation of colonlel poaeesslon to a national government should be. Dominions Nmsll. But our dominions are small tn area, comparatively small population when Can. ' uda, India, Australia and other colonial possession of Great Britain are thought of. lir. Butler believes that It would be ponnlble and should be Inevitable that while the largest reasonable liberty of self-government Is permitted Oreat Bri tain's colonies and dominions, nevertheless should continue a bond. unbreakable, which fastens these dominions to the em. P'ln th way the Kngllsh-spesklng peo ples of the world can be brought more and mors Into perfect communion and It Is to be presumed that Dr. Butler may intimate that the United 8tates the great est In point of numbers of the. Kngllsh speaking nations and the richest in nat ural re-ources snd most powerful In the facilities for defense can be brought Into moral federation, so to speek, with Great Britain so that the Anglo-Saxon or English-peaking communities of the world will be found In common purpose to main tain the peace of the world, to facilitate commerce, encourage science and attmu lata Industry. I I I II I Peters Trust Building Phone AT lantic S027 Omaha, Nebraska Local Securities Foreign Exchange Stocks and Bonds Foreign Bonds i Write for our quotations and investment bulletin Send us your buying and selling orders. I" !! , . Safety and 7 WE are now offering farm mortgages of the highest grade, secured by producing Ne- il braska land valued at pre-war figures, yielding 7. These are TAX FREE IN NE BRASKA and offer complete safety for your funds. Offered in Amounts From $100 Up Peters TkusT Company Peters National Bank. Taraam qtyeventeenth What Have You to Show a for Your Hard Work Thus Far in 1921? How much 'have you saved and what preparation have you made for old agel 1921 can see you on the road to financial independence if you will decide to save and invest carefully. The Omaha Trust Com pany's Modern Investment Plan Was Designed to Help You Do This. Let 'us end yon a copy ef booklet B-88, fully describing this plan. QmahaTrii'st Company Omaha National .Bank Buikllnf i The Updike Grain Company .Operating large, up-to-date Terminal Elevator in the Omaha and Milwaukee markets, are in a position to handle your ship ments in the best possible manner i. ., cleaning, transferring, storing, etc. MEMBERS Chicago Board of Trade Milwaukee Chamber of Com merce Minneapolis Chamber ef Commerce St. Louis Merchants Ex change Kansas City Board of Trade Sioux City Board of Trade Omaha Grain Exchange OMAHA, NEB. LINCOLN, NEB. HASTINGS, NEB. CHICAGO, ILL. SIOUX CITY, IA. OFFICES AT HOLOREGE, NEB. GENEVA, NEB. DES MOINES. IA. MILWAUKEE, WIS. HAMBURG, IA. It will KANSAS CITY, MO. All of these office, except Kansas City, era connected wlti each other by private wire. . ... . eti pay you to get in touch witn one or onr orrices when wanting to BUY or SELL any kind of grain. We Solicit Your CONSIGNMENTS OF ALL KINDS OF GRAIN to Omaha, Chicago, Milwaukee, Kansas City and Sioux City a) Every Car Receives Careful Personal Attention. The Updike Grain Company The Reliable Consignment House