T
THE BEE: OMAHA, THURSDAY, JUNE 16, 1JJ21,
10
Market, Financial knd Industrial News of the Day
Live Stock Chicago Grain
Receipts were Cettl. Hnn. Bhsep
Official Monday ... t.124 lO.itO 1.861
Official Tuesday.... ,4I 10, HI 1.1(1
SatlmaU Wednesday 4.00 ),000 T.tOO
Thrse daya thla wk. H U7 82.771 21.540
Seme daya laat wk. J1.IM S1.I04 10.171
Sama two wk. ago. 18.0S1 10,764 10,(14
mi trdee wk. ago. lMlt 3(,(i l(,7tl
lUM Tsar ago 15.IH 11.731 J1.8C4
Receipts and disposition of He atoelc
at the Union fltook Yards, Omaha, Nab.,
for 14 boura. ending at I p. m., Juna 15,
1(21.
RECEIPTS CARS.
CattlsHoKsSh'p.
C, M. ft. St. P. Ry....
Wabash R. R.
Ma. Pc. Ry
Union Pacific R. R. .
C. N. W. Ry., east.
C. & N. W. Ry.. .wt
C, Rt. P., M. . Ry
C B. Q. Ry.. east.
C, B. ft Q. Ry., west..
c, R. I. ft P., eaat
C. R. I ft P., wast
, llllnola Central Ry.
C. Q. W. Ry
..10
.. ...
11 , 7 ..
.. 40 21
.. 6 1
.. 4 M .,
.. 1 U
.. 20 IS
..SO 21
..14 4 1
.. I
..4 SI
,. 1 1
,.15S 181 2
DISJOSITION HEAD.
Cattla Hogs Sheop
Armour ft Co. .... 1.11b 1,264 1.338
Cudahy Pack. Co.. 1.03s 1,871 1,091
Dold Packing Co.. 444 . 1.377
Morria Pack. Co. .. 148 1.470 87
Swift ft Co 1,0S 1.010 711
J. W. Murphy 1.807
Swarti ft Co 861
Lincoln Pack. Co, 27
Wilson Pack. Co.. 185
M. Glassburg .... (
Hlggtna Pack. Co. 23 ....50
Hoffman Bros. ,. 3
Mayor, ft Vail .... 28 ,
Midwest Pack. Co. 1
P. ODea .' v
Omaha Pack. Co.. 8
John Roth ft Bona. 11 -
So. Omaha Pack... 3
Wm. Bakar 24
John Harvey (21 ,
T. J. Inghram ... 1
F. O. Kellogg .... t ...... ,
Joel Lundgren .... 3 -
P. Lewla 10 k
It. MoAdama ..... ( ,
J. B. Root ft Co.. 57 ......
Sullivan Bros 23
Werth, ft Degen .. 7
Other Buyers (13 233
Odgen Pack. Co... 205
Morris fr. K. C. 10
Total
.(.717 11,(74 4,767
Oattle A fairly good Wednesday run of,
"in waa receivea nere today, early es
timated calling for 4,800 head. Supplies
.? quno noerai eisewnera ana steer
value ruled steady to 10l(o lower than
yesterday. Plain and weight steers wera
alow and showed tha most decline. Best
light ateers reached (8.(0 and prime
beeves on the weighty order topped at
$1.35. Cowa opened steady on very light
receipts but before tha close prices looked
weaker than yestreday. Stockrs and
feeders were nominal nothing of conse
quence being oa sale.
Quotations on cattle: Choice to prime
bauvca, tft.OO0ft.SO; good to choice beeves.
ST.S07.0; fair to good beeves, 17.85
1.50: common to fair beeves, $7.0007.25;
choice to prima yearlings, 18.1598.50; good
to choice yearlings, (7.8008.15; fair to
good yearlings, (7.2607.76: common to fair
yearllngs,l.767.25; chotce to prima heif
ers, 17.2508.00: good to oholce heifers.
(6.007.15; choice to prime cows. 16.00
(.(0; good to choice cows; t5.75et.26; fair
cows, (1.7804.25; good to choice feeders.
$7.2507.75; fair to good feeders, $6.60
7.16; common to fair feeders, $6.0O(:60;
good to choice atockers, (0.5007.26; com
mon to fair stockers, "15.00 6.36 ; stock
heifers. (4.00 5.60 : stock oows, (3.606
4.60; stock calves, (5.00Q7.50; veal calves,
S6.00Ot.00; bulla, ataga. etc., (4.0006.00.
BEEP STEERS.
No. At. Pr. No. Av.
40.... ..1098 t 7 1 24 991
16 .1390 7 55 18 1400
35 1507
S3 1208
48 1600
S3 1158
IS
8 7S
17 2
18 75
14...... 801
4 BOS
S3 (61
i as a
m. bis
7 65
7 75
( 00
8 25
28..
17..
16.
34.
.1158
.1270
.1380
..1094
Pr.
7 35
7 60
7 70
7 85
8 10
S 40
STEERS AND HEIFERS.
, 802 6 60 7 618
7 25 " 20 1003
T 60 27 767
T 75 13...... 897
8 00
YEARLINGS.
T 00 21 712
T 35 33 647
7 75 34 663
( 25
HEIFERS.
6 00 13...... 730
T0" 41...... (38
COWS. -:
S 80 ' 15...... 765
Hog9--Another fairly liberal run of hogs
Arrived for today's trade, the yard esti
mate calling for 12,000 head. Tha early
market was featured by a fair shipping
demand at 1016c advance, but packers
wera late In starting and finally put up
their killing droves at prices not far from
a dime higher. Trade as a whole waa
quoted 10O1SO higher, the top bringing
(7.10, the bulk of the receipts selling from
(7.1007.65.
HOGS.
No. Av. Sh. Pr. No. Av. Sh. Pr
T 10
7 40
7 60
7 10
7 10
7 60
1 00
6 25
7 35
6 00
62..S41 430
7. .281 40
4S..S65
70. .235 180
78. .325 41
(7. .223 ...
7. .SOS ..
7 15
7 25
7 35
7 45
7 60
7 7
T SS
49.. 344
8(..31
55. .266
75. .238
65. .233
70.J0I
70
70
7 20
T 10
T 40
7 60
7 65
T 75
Sheep With 7.600 aheap and lambs on
ale today western springers had to Bell at
sharp declines and this branch of , th
trade waa quoted 60076c lower with fat
sheep scarce and generally ateady. Best
western springers aold around (11.2a and
good natlvea dropped to (10.00010.25. Fed
a horn lambs are quoted at (9.OO01.7S with
goad shorn awes at (3.6003.75.
Quotations on sheep: Spring lambs,
tt.250H.2S; shorn lambs, (8.SO01.6O;
shorn ewes, (2.7503.76; cull awos, (1.00
t.60.
SPRING TjAMBS.
No. At. Sh. Pr. No. Av. Sh. Pr.
1S Calif 71 11 25 47 Calif 61 11 40
487 Calif 67 11 00 21S Nat 45 U 00
1311 Ida 70 11 75 571 Ida 71 12 00
SHORN LAMBS.
614 Nat TO I (0
, Kansas City live Stock.
Kansas City, Juna 15. (U. S. Bureau of
Markets.) Cattla Racoipta, 6.(00 head;
beef ateers, dull, averaging 10 16c lower;
Kansas college yearling ateers. (8.26 0
1.00; beat aaher yearlings. top
heavy ateers. as.25: bulk of sales, (7.000
(.00: calves, steady to 2(0 lower, top.
(8 60; bulk, good vealers, (7.6008.00;
atockers, ateady to weak; common kinds,
(4.0006.00; all other classes around
steady- prime yearling heifers, 18.60 ;
older heifers. (6.157.f.r.; few cows, (6.00
6.25; many sales, (4.6001.60; canners
mostly (2.OO0S.25. . ...
Hogs Receipts. 11.000 head; barely ac
tive. 1015o higher, mostly 15e higher
than yesterday; beat llghta to packers.
(7.10: ahlppers, no buying; 260-pound
w.(hta 17.6507.78. strtetly choice 340-
pound weigms, ' , J.. li
07.86; stock pigs, staady. few selected
bunches, (8.25. . "., . . .
Sheep and Lambs Receipts. M00 head,
sheep woak. most WW
I. 15- Texas wethers. (4.0004.60: lambs,
35c(0o lower, some closing ,' '
more: top natives. 410.1.0; bulk better
grades, (1.2501.76; goats. (3.60.
Chicago live Stock.
Chicago. " June 15. Cattla Receipts
II. 000; market, beef ateers, ateady to 16o
lower; closing, strong; top yearlings.
$8.65; seven head at (1.00; top heavy
steers. (8.60; bulk. (7.5008.60; she-stock
dull. 25c lower; bulk fat cows and heifers,
(4 6006.60; bulla. 16c to 16o lower; bo
lognas mostly, (4.254.75: veal calves,
mostly S6o lowsr; bulk, $8.5001.00; stock
rs and feeders weak, dulL
Hogs Receipts 11,000: market opened
10c to 20o higher; mostly 15c up; closing
weak with most of advance lost; hold
over liberal; top, (S.10 early; practical
top. (8.25; bulk. (7.(008.20; pigs mostly
steady: most desirable. (7.75.
Sheep and Laraba Receipts 11,906
head market very slow; beat lambs, 75o
to (1.00 lower; others off mora; best
light tires, steady; heavies, 26c to 60c
lower; top native lambs. (11.(0; bulk.
(11.00011.50; westerns unsold at noon?
top dry fed yearlings, 11.(0; bulk fat
awes, (3.0003.50.
Sloax City Uve Stock.
Siona City, Juna 16. Cattle Receipts.
1.200 head; market 25c lower; fed ateers
and yearllnr. S6.O0tM.50; fat cows and
heifers, (4.5007.76: canners. (1.7( 04.60;
veals. (6.0001.60; calves, (4.6007.00: feed
ing cowa and heifers, $1.6005.00: stockers,
I5.09O7.00.
Hogs Receipts. (.000 head: markot
steady, 15c higher; llghta, (7.6007.80;
miA.u, 1 S7.HS7.J9; heavy, (4.7607.15;
bulk of sales. (7.2107.70.
Sheep and Lambs Recelpta, 1,000 head;
market SSo lower. ,
St. Joseph Live Stock.
St. Joseph, June It. Cattle Receipts,
1500 bead: market ateady to t(o lower:
steer. (6.(008.60; !Ows and heifers, (4.00
08.60; calves. (5.90 0 8.5.
Hogs Receipts, 12,000 head; market
11015c higher; top, (7.10- bulk of sales.
(7.6007.(6.
Sheep and Lambs Receipts, 3,100 head;
larr.ba 10c lower; lambs, sheep, ateady;
leir.be, $10 00010.76: awes. C.7i03.25.
Linseed OU.
TMilulh, June IS. Llaeead Oa track
tad arrive. (1.81.
By CHARLES D.. MICHAELS
Chicago Trlbnne-Omaha He Leased Wire.
Chicago, June 15. Heaviness and
lower prices featured the grain mar
kets. Bad crop reports and rainy
weather with floods in Kansas and
Nebraska and a further decline in
cash wheat, premiums were offset by
local selling and liquidation and
while the close was at a fair reaction
from the inside prices there were net
losses of 3'4c on wheat. Hlic on
corn, (?4c on oats and 2V4
3 c on rye.
Black rust reports from the winter
wheat ir. Kansas and Nebraska are
not taken seriously by the grain
traders as the crop Is too far ad
vanced to be seriously hurt. Nu
merous reports of black rust came
frpm South Dakota, but they failed
to create enthusiasm among buyers,
although tiiey tended to check sell
ing by conservative local interests.
The news and the market's action
was not in accord and while part of
the local operators were moderately
bullish there was no good 'support
at any time, the buying mainly cen
tering among the local shorts, who
covered on the bulge and reinstated
their lines later at lower prices,
Bains Are Reported.
There were reports of U to 3 Inches
of rain In Kansas. Hutchinson aent re
ports of floods. The government weekly
weatner crop bulletin was moderately fa
vorable and made the trade more un
certain as to which side of the market
to take.
. Cash premiums on wheat wars lowered
to 13c and 15o over July for No. 1 hard
winter and to-to 10c over for No. 1 red
with the milling demand limited to 23,000
bushels. Southwestern markets were 2o
to 6o lower. The seaboard claimed that
yesterday's export sales were 2,000,000
bushels and 760,000 bushels today, ln-
ciuuing euu.uuo ousneis to uermany, part
cash and part 10 daya.
Corn was under pressure from all
classes of traders. Those who have be
friended tha market let go and said the
market as not acting right; Receipts
keep up surprisingly, considering the re
ports from the country of reduced offer
ings. As to the latter some places are
soiling, as one house bought 76,000 bush
els to arrive. Top prices were 62e for
July and 63 4io for September. Arrivals
were 341 cars and cash prices l4c lower
at the extreme with cash demand poor
and sales 40,000 bushels domestic and
60,000 bushela to the seaboard with
chartera for 240,000 bushela to Oeorglan
bay.
Pressure on Oats.
Selling pressure on oats came from the
leading local Interest in September, while
the buying waa poor and prices declined
to 38i4o for September and closed at 88c
Crop reports were spotted and a good
part of the oats sections would be helped
by rains. Big stocks and a light outside
apeculatlon were tha depressing factors.
Rye met Increased selling by local
if.., rl ('n't Purchases of wheat and a
little by the country, while the buying
waa by the seaboard on reporta of two
cargoes being sold to Danzig.
An Improvement cash trade for lard
and meata was the main factor In making
a better market for provision futures.
advanced and closed at gains of 16c to
ribs and 170 t0 200 on hort
PH Notes.
A maioritv nt h. i..jt . .
I,,. - V - ui grain iraaers
nere are boarlsh and ,
S.L. th, mlfcl cro') "ports and othoV
news which is deatined to Influence Val-
ket.Uwrnee;r..a? '""I11" " m"
i"ab,2,rJ"n the -tietlaHt to a treat ex-
uu ins one thing that stands out s
the poor cash ini .
and the snasmndin hivin i . .... i '
?Si wE! fxport"''- How long It will take
e,oW?.t.ma,rket ,t0 rJJut to a new
nl .x " '.'1Pnl'nt upon the weather
rust in the northwest jrn spring wheat.
Cash oremftima mntii,.,. ,
June shipments for hard winter at the
tents over July, or 3 cents
lower than yesterday. Local traders were
largely snort at the Inst, after
having been run in on the bulBe.
Longs In corn seen nthinv in K,.t
side for the present, although they think
v conamons cnancing for the
"J"-" Dul ln ars going slow cn
the buying side. A question being asked
by tradera Is will the trade get storaga
room enough to care for the wheat, which
operators here think will move freely
after harvest. How much luflu. nc-i the
farmers' bureaus will have on farmers lu
duclng them to hold their wheat back ami
not sell faater than the demand can ab
sorb, remains to be seen.
Nebraska Condition.
-The Price Current Crop Reporter says
that the presence of black rust In winter
wheat in Nebraska Is not dangerous, but
ths danger lies In the fact that while
tto aprlng wheat north of this territory
is early, black rust la also appearing
early. Harvest in the southwest Is going
ahead under favorable conditions. The
spilng wheat acreage is slightly under
that of a year go.
Fair offerings of new wheat war re
ported from the country on the baala of
about a cent over July lor shipment ty
July 20. Southwest points, reported fair
marketing by ths country.-
Hog packing In the west for the week
was estimated at 666,000, against 453,000
the previous week, and 628,000 a year ago.
Sioux City, la., reported black rust
spreading In that vicinity.
CHICAGO CLOSING PRICES.
Bv Updike Graf Co. DO. 2627. June 16
Financial 1 J New York Quotations Omaha Grain Bonds and Notes
Art. Open. High Low Close Yes.
Wht. I I I ;
July 1.35 1.35 ; 1.3i 1.(14
133 1.323 1.35
Sep. 1.34 1.24 1.31 i.J24 1.85
1" I ..I 1.22V4 1.3JV4
Ry J I 1 1
July 1.25U 1.26U 1.22 1.2311.27 :
Sep. I 1.11 I 1.12 I 1.10 l.lOttl 1.13
Corn I'll I J
July .24,f .3X . .1 .62H
I .621 61
Sep. .63 .63 .62 .62 ,.68'4
.63 -62l .63
Oats J J J
July .37 .S7f .36 .37 .37
Sep. .39 .31 I .38 .38 . .81
Pork ""I S -3'H
July 117.47 117.60 ,17.47 117.60 17.60
Sep. (17.77 (17.80 117.17 17.80 .......
Lard I I J I
July 1.(6 (10.00 ( 1.86 110.00 f 1.81
Sep 10.20 (.10.42 110.17 10.42 (10.17
Rlba I I I I I
July 10.20 110.33 110.30 (10.31 I
Sep. (10.37 110.67 !10.7 110.67 I
10.13
10.42
Minneapolis Grain.
Minneapolis, June 15. Flour 26o to 4Ce
lower; In car load lots, family patents
quoted at (.60!.76 a barrel In 18-pound
cotton aacka.
Bran (1 5.00. "
Wheat Receipts, 435 cars compared with
126 cars a year ago. Cash: No. 1. north
ern, (1.484 01.614 ; July. (1.36.
Corn No. 3 yellow, 49 0 51c.
Oats No. ( white. 33 033tc
Barley 46062c.
Rye No. 2. (1.224 01.234.
Flax No. 1. (1.8401.86.
St. Louis Crain.
St. ' Louis, June 16. Wheat -July,
(1.26; September. $1.114.
Corn July, 61c; September, (10
61 Ho.
Oats July, 3 So; September, 184c
Kansas City Orsin.
Kansas City, June 15. Wheat July,
$1.12 ; September, (1.16.
Corn-nJuly, 64c; September, (74.
8. XavIs Live Stock. '
East St. Louis. III., June 16. Cattle
Receipts, 4.000 head; late steers sales
steady, 15026c lower; $8.16 paid; bulk,
(7.0007.76; light yearling ateers and
heifers, steady to 15c lower; (8.65 paid;
cows, 15025o lower; bulk, . (4.6006.50;
bidding lower on bulls; late veal calf top,
((.60; stockers, steady: few hers.
Hogs Receipts, 16,600 head; closing
slow, with most of sarly advance lost,
steady to 10c higher; top,, (3. 20; bulk,
llghta and medium weights, $8.0008.16;
bulk heavies, (7.7607.8s; packer sows,
higher, mostly at (7; pigs, about steady;
$7. (007.76 paid poor, clearance.
Sheep and Lambs Receipts, 7,000 head:
closing weak, 25050c lower on lambs,
with little other classes here; top lambs.
(10.60; bulk. (10.00010.26; ews lop, (1;
bulk, (3,00 0 4.00; clearance, poor.
Kansas City Produce.
Kansas City, June 16. Butter and egga,
unchanged.
Poultry Broilers, 3c lowsr, 25033c;
hens and roosters, unchanged.
Bar Mirer.
New York, June 15. Bar 8Uver Do
mestic. llc: foregn, iie,
laeaieaa Collars 411. o.
EbeNcttfitfrk Sitae.
By ALEXANDER DANA NOYES.
Chicago Tribune-Omaha Beo Leased Wire.
New York, June IS. Wall Street's
attention was mostly, directed today
to the violent break in certain indus
trial stocks, but he much more im
portant incidents in relation to the
financial position generally occurred
elsewhere than on the stock ex
change. They included further re
covery in sterling which brought
for a time rates to a level at which
one-third of the recent extreme de
cline from the $4 rate wa3 canceled,
and after the close of business, the
announcement of a further reduction
in the federal reserve bank's redis
count rate.
The 6 per cent rate fixed today
for commercial oaoer by the New
York reserve bank makes-a total re
duction of 1 per cent within six
weeks and it brings the rate back
r the. flo-nr which orevailed be
tween January 22 and June 1, 1920.
At the first of those dates the bank's
ratio of cash reserve loans notes was
38 ner cent: at the second date it
was 40 1-4; last week the percentage
reported was 64 1-4. Today's reduc
tion, following that of May 4, from
61-2 to 6 is not, however, merely
recognition of the statues of tho
bank. Had that been the on,1y con
sideration a 6 per cent rate or lower
urnnlH have been fixed weeks ago:
for the reserve percentage at New
York has long been much nigncr
than it was at any time in iyiy,
throughout which year commercial
rediscounts went at 4 3-4 per cent.
Reason for Caution.
u, .van with tha raoidly rising per
centage in the cast it was necessary to
consider both the state reserve districts
In the west and south, snd ths General
condition of the credit market. This Is
why the steps In reducing official bank
rates have been taken so cautiously, but
tho same consideration lends distinct im
portance to today's second reduction. It
rar-nenittnn that the particular
strain on credit is passing and that visible
progress is being made, towara norm..
conditions. As In the case ol ine May
reduction, the moral . Influence of today a
announcement will be of great Importance.
It was not foreshadowed oy any cnam.
ir, inH.v', vr York market for time loana
or commercial paper, the rate on both re
maining to 1 per cent above the new
rediscount rate. This discrepancy will
hardly continue, however.
The extravagantly violent attack which
was made by professional speculators on
half a dozen Industrial stocks today wib
ivnin.i nt th rt of thing which Wall
street Is nowadays presenting to the pub
lic view. This demonstration occurreu
nrlmarllv In shares of the oil production
companies; It waa based entirely on over
night dispatches trom .wasnmgiuii im
porting In more or less conflicting detail
ho judgment or certain expenn as w
tho falling off in productiveness oj
Mexico's oil wells.
Results Disappointing,
That rn.nl l in the Mexican field have
been disappointing has long been known
both in and out of Wall street.
Today's 13-polnt fall in Mexican Petrol
eum stock had the effect of breaking the
price of other Industrial stocks of the
same 'or a similnr description and some
of the other declines were violent. But
the day's changes were more than usually
rregular; not a lew or mem wire mi
advances. The railway shares agiin nein
relatively strong. Northern Facinc stocic
advanced, though the directors' decision
to continue ther7 per cent dividend rate
was not made public until me cione oi
business and then with a somewhat
equivocal explanation of it.
New York Cotton.
Nav York. June 15. The cotton mar
ket waa very quiet again today. If any
thing Liverpool was a Bhade better than
due and private cables reported , a allghtiy
more cheerful feeling in Manchester.
There was scattered souinern seninn
and some local liquidation promoted by
rertnrts of an unsettled tone In the stock
market and Improving weather in t tha
western belt.
Prir-fn turned easier after the publica
tion of the weekly report indicating that
the crop had made good progress on tho
average.
Dry Goods.
Wear York .Tune 15. Trading continued
lively today at the carpet auctions. Prices
on administers were firm, and In tap
estries lower. Cotton goods were quiat,
with prices steady and yarns and burlais
quieter. There was a more active call f.v
ftnfl nlaln combed varns goods and a fair
demand for apot delivery In knit goods for
women s wear. Brown sne'lings were
dull.
Turpentine and Eoeln.
Savannah. June 15. Turpentine Steady,
aalea. 300 bbls.: receipts. 395 bbl3.;
shipments, 1,016 bbls.; stock, 7.442 bbls.
Rosin Firm; sales, i casus; receipt.
849 casks; shipments, 301 casks; stock.
77,031 casks.
Quote D., (3.70; D. K, 13.75: T. O.,
(3.80; H., $3.36; I., m.uii; k.., .:: ill.,
(4.90; N., (6.4506.55; WO., (5.7506.00;
WW., (6.50. . ;
New York Sugar.
New Tork, June 16. There were no
changes in the local raw sugar market
today. Late sesterday additional sales
of 40.000 bags of Porto Ricos, were re
ported to local refiners at 4 cents for cen
trifugal, but no fresh transactions were
reported today.
Range of 'prices of ths leading stocks
furnished by Logan 4k Bryan, Petera
Trust building:
RAILS.
Tuea,
High. Low. Close. Close.
At.. T. '& S. P.... 80 - 79 80 80
Bait. & Ohio 38 37 38 33
Canadian Pacific .111 110 111 110
N. T. Central 68 66 67 67
Ches. A Ohio 66 66 65 66
Erie R. R 12 12 13 13
64
7
(1
67
66
33
.116
63 .63
7 7
8) (1
23 23
20 20
16 16
64 66
65 65
33. 33
67 67
31 31
73 72
19 19
26 26
116 116
x
121 121
33 32
78 79
H" 72
49 60
63 54
27 27
39 39
23 23
78 73
Ot. N.. pfd
Chi. Gt. Western.,
Illinois Central....
M., K. & T
K. C. Southern....
Mo. Pacific
K. T.. N. H. 4b H..
N. Pacific Ry....
Chi. & N. W
Finn R. R
Reading Co
C, R. I. A P
S. Paclflo Co
8. Railway
Chi.. M. & St. P.
I'r.lon Pacific
Wabash
STEELS.
Am. Car A Fdry. .121
Allls-Chalm. Mfg. 32
Am. Loco. Co 88
Utd. Alloy Steel
Baldwin Loco. Wka 74
Beth. Steel Corp. 51
Crucible Steel Co. 65
Am. Sfteel Found. 27
Laekawan. Steel Co 40
Midvale Steel 23
Pressed Steel Car.. 76
Rep. Iron Co...... 47 46 "46
R'way Steel Spring 79 79 79
Sioss-Sher Steel.. 3K 9n
U. S. Steel 76 74
COPPERS.
Anacon. Cop Mln. 38 88 38 18
Am. 6m It. co. ... 39 28 89
Butte Sup Co. ... 12 It 13
Phil rVinnar Cn. IflTt 101A 1046
Chlno Copper Co. 24 23 23 24
Calumet & Arizona 49 49 49 ,
Inspiration Cop. . 33 33 33
Kennecott Copper . 19 18 18
Maim! Copper Co. 21 20 20
Nev. Cons. Cop. Co. 30 io
Ray Cons. Cop... 13 12
utan uoppcr t;o. 49
INDUSTRIALS.
Am. Beet Sugar. 27 27
At!., a. A W. I. S. 28 21
Am. Internet, Corp 27 35 86
Am. Hum. TOD. LO. 67 K
Am. T. & T 104 104 104 104
Am. Ag. Ch Pro.. 38 88 88 21
Bosch Mag. 87 86 35 18
Con. Can 49 49 49 49
Am. Can Co 28 88 28
Chand Motor Car. 61 60 60
86 36 56 4
(U 8
86
19
2
24
20
17
65
64
83
26
116
134
33
81
23
74
62
66
27
40
23
47
79
36
76 7
39
12
10
19
21
-0 -0
13 12
49 0
27 28
32 28
664
28
61
(6
10
66
48
64
51
12
125
Cen Leath Co....
Cuba Cans 8 Co
Cel. Pki Co
Cal Pet Corp 42 42 42
Corn Pro Rfg Co.. 64 63 64
Nat. En. A St 60 49 49
Flsk Rub. Co 12' 12 12
Gen Glee Co 125 135 126
Gt. No Ore 27 27 27 27
Gen Mot Co. in B 10 io
Goodrich Co 33 31 33 33
Int Harvester .... 86 (5 86 87
Hask A Bkr Car 64
U S Ind Al Co.... 66 63 65 65
Int Nickel lb - 14 14 15
Int Paper Co 64 50 63 64 4
Island Oil 8 2 3 3
AJax Rub Co 26 26 26 26
Kelly-Sp. Tire .... 38 30 37 88
Keystone T. A R.. 11 10 10 12
Internat. M. Mar.. 12 12 12 12
Maxwell Mot. Co.. 3 3 3 8
Mex. Petroleum... 123 114 114 130
Middle States Oil 11 11 11 11
Pure Oil Co 28 27 27 28
Wlllys-Overla'd Co 7 7 7 7
Pacific Oil 38 36 26 37
Pan-Am. P. & T... 61 47 47 63
Plerce-Ar. Motor.. 21 19 20 20
Royal Dutch Co..- 64 61 52 54
U. S. Rubber Co.. 69 57 68 69
Am Sug'r Rfg. Co. 72 67 67 73
Sinclair Oil & Rfg. 22 21 21 22
Secra-Roebuck Co. 77 75 76 77
Strom'g Carb. Co. 33 32 33 35
Strdebaker Corp.. 76 71 74 76
Too. Pr. Co. 56 54 65 55
Trans-Cont. Oil... 8 7 8 8
Texas Co 34 33, 33 33
U. S. Food Pr. C. 18 18 18 18
U. S. S.. Rfg. AM 31
White Motor Co.. 33 33 33 34
Wilson Co., Inc 35
West's Airbrake .... 91
Vest'e El. A Mfg 45 44 44 45
Am Woolen Co... 76 74 74 76
Total sales. 743.000.
Money Close, 6 pejr cent; Tuesday's
close, 5 per cent.
Marks Close, .0145. Tuesday's close,
.0144. .
Sterling Close, (3.77; Tuesday's close,
(3.75.
. . - Liberty Bond Prices. "
New Tork, June 15. Liberty bonds at
noon: 3s. 86.46, first 4a, 87.60 bid;
second 4s, 86.66; first 4J,ls. 87.86; second
4s, 86.M; third 4s, 91.46; fourth 4Us,
87.04; Victory 3s, 98.38; Victory 4s,
98.34.
Liberty bonds closed today: 3s, 88.42;
first 4s, 87.68 bid; second 4s. 86.60; first
4s, 87.80; second 4s, 86.74; third 4s,
91.60; fourth 4s, 37.00. Victory !s,
98.38; Victory 4s. 98.38.
New York. Metals.
New York, June 15. Copper Quiet;
electrolytic, spot and nearby, 1813c.
June and July, 1313c.
Tin Steadier; spot and nearby, 10.00c;
futures, 30.00c.
Iron Normally unchanged.
Lead Quiet; spot, 4.50c
Zinc Quiet, East St. Louis delivery
spot, 4.454.60c. '
Antimony 5.25c
Omaha June IS.
Further declines were suffered in
cash wheat prices today, the market
being off 3 to S cents. Corn prices
ranged unchanged to half a cent
lower. Oats were unchanged to
a ouarter cent up. Rye prices were
nominally several cents lower. Bar
ley was unchanged. Grain receipts
today were light, arrivals totaling
66 cars against 121 cars last Wednes
day. The falling off was almost en
tirely in corn arrivals.
WHEAT.
No. l hard: 2 cars, (1.38; 6 cars, (1.37;
1 car, (1.37.
No. 2 hard: 1 car. (1.(7: 1 car, (1.36: 3
cars. (1.35; 1 car, (1.35, (smutty); 1 car,
(1.33, (smutty).
No. 3 hard: 1 car, (1.35, (dark): 1 cars,
(1.34, (heavy); 3 cars, (1.33: 1 car. (1.33,
(smutty); 1 car. (1.30, (very smutty); 2-6
car, (1.30.
No. 4 hard: 2 cars, (1.30; 1 car, (1.38,
(smutty).
ro. s nara: l car, ii.di. invj;; i-ars,
(1.23.
Sample hard: 1 car, 11.25, (7 per cent
rye).
Sample spring: 1 cars. (I 16. (47.2 lbs.,
48.6 lbs.); 1 car, (1.14, (45.1 lbs.); 1 car,
(1.12 (44.6 lbs.).
CORN.
W. 1 whits: 1 ears. 63 c.
No. 1 yellow: ( cars, 61 He; 8-6, car, 61c
no. I yeuow: a cars, dic
No. 6 yellow: 1 car, 45c.
No. 1 mlsed: 1 car, 60e.
No. 2 mixed: 1 car, 61 o .near white).
OATS.
No. 1 white: 1 car, 83o.
No. ( white: 1 car, 83c.
Sample white: 1 car, 32 c.
BARLEY.
No. 4: 1 car, 61c.
No. 1 feed: 1 car, 80c
r-uYcann ran T.ryp RECEIPTS.
Tnrtav. Wk. Ago Yr. Ago.
mi..,,, 46 37 13
fnrn 625 645 8 4
Data 10
vavoa9 rrrv RECEIPTS
Tndav. Wk. Ago Yr. Ago.
WhWt 162 ) l
Corn 1?
Oats
bt t oTTia urcnEtPTS.
TaiIuv. Wk. Ago Yr. Ago,
wrt.. 84 Jiu
corr. ? j
Oats " "
NORTHWESTERN RECEIPTS OF
TtTUWA'S
Today. Wk. Ago Yr. Ago,
3UU
The following quotations furnished by
the Omaha Trust company:
approx.
7i
95
92
96
97
31
102
78
Minneapolis 435
Xmluth ?43
Winnipeg "
PRIMARY RECEIPTS an if
SHIPMENTS.
Receipts - Today
Wheat
Corn L8."
Oats tm.uiMJ
Shipments
Wheat 641.500
Corn ..:: ".000
Oats eo.vv
EXPORT CLEARANCES.
Toaay
Wheat 797,000
' ...
OMAHA RECEIPTS AND B -
neceiuta "i ot
. ... a
2S 7
vurii
Oats
Rye
Year Age
005.000
1,068,000
399,001)
686,000
271,000
864,000
Year Ago
64,000
Barley
Shipments
Wheat
Corn .......
Oats
Rye .
Barley
34
25
5
0
2
27
76
18
0
0
.Today Wk. Ago Yr. Ago
..... 2 11
....78 60 45
... 8 ' 9 U
0 " '
. . 0 1 '
New York Produce.
New York. June 15. Butter Steady:
creamery, higher than extras, 3334c;
creamery, extras, 32 33c; firsts. 29
32C. . I.
Eggs Irregular; fresh gathered, extra
firsts, 2627c; others unchanged.
Cheese Steady; uncbaoced.
Poultry Live, quiet; fowls, 21c; dressed.
steady; old roosters, 13 17c.
Chicago Produce.
Chicago, June 15. Butter Higher,
creamery extras, 82c; standards, 32a;
firsts, 27f31c; seconds, 24 26c.
Eggs Unchanged: receipts, 16,768 cases.
Poultry Alive Higher; fowls, 24c; I
broilers, 32 38c.
New York Coffee.
. xr., Tn IK There was a fur
ther decline In the market for coffee
i:..' - to the rather un-
settled ruling of early cables from Brazil
and reports that importers .
in Inst lower cost purchases in the cost
and freight market. The opening was
4 'points higher on jury as a iu.v -covering
but generally 2 to 8 points
lower, and active months sold 15 to 26
points below last night's closing figures,
w.. . l. a nf ihn Hnv. under Uaulda.
tion. Thus September was carried off
to 6.61c, or 70 points below the recent
hlorh level and tne aeciine was u
checked , by covering. Later . there was
some covering on reports of an advance
in the Santos market, ana eepiemoer
closed at 6.67c bid. with the general mar
ket showing a net decline of 3 to 11
nclnta.
July, .28c: September, 6.67c; October,
.80c; December. 7.07c; January, 7.17c;
March. 7.38c: May. 7.65.
The spot market waa reported quiet at
6c to 6c for Rio 7s and 9c to c
for Santos as
New York General.
New York. June 15. Wheat Spot, mar.
ket easier: No. 2 red. (1.65; No. 2
hard, (1.68; No. 2 mixed durum, (1.61,
and No. 1 aMnltoba, (1.83, c. 1. I.
track New York to arrive.
Corn Spot, market easy; No. 2 yel-
S2c, c. 1. t. New York, 10 days shipment.
82s, c. 1. f. New York, 10 days' shipments.
Oats Spot, market easier; No. l white,
41 c.
Lard Market firm; mlddlewest, (10.09
oio.zo.
Tallow Market easy; special loose,
c.
Other articles unchanged.
' London Wool.
London. June 15. Offerings at tha
wool auctions sales today amounted to
12,028 bales; mostly medium and lower
qualities, which were quickly absorbed.
cnieiiy oy ins continent at unchanged
prices. ,
Chicago Potatoes.
Chicago, Juns 15. PotatoesWeak; re
ceipts, 34 cars; northern white, sacked and
bulk, 80 85c cwt. : Louisiana and Ala
bama triumphs, (2.75 cwt.; Virginia, (4.25
barrels; North Carolina, (1.40&3.50 barrel,
Five Years of Faithful Service
Fifth Birthday Sale Now Goin g On What Service Means at
PHILIP'S STORE
It has always been the motto of the "Philip's
Store" to be of the "greatest service to the great
est number" each day has found the manage- .
ment trying to eliminate all weaknesses of the
service, and adding every facility and method
that would make shopping at the Philip's Store
more comfortable and satisfying to every cus
tomer. In celebrating our Fifth Birthday we will share
this event with those that helped us to be suc
cessful. -
2,500 "Mina Taylor" and "Linda Belle'? Dresses
in practically all sizes, from 14 to 20, and 36
to 47, values up to $7.60. Fifth (ft-l CQ
Birthday sale price V sOJJ
Finest quality Bungalow Aprons, wonderful val
ues, made by one of the best manufacturers in
the country, they are assorted patterns in most
up-to-date styles, values up to $2.50, QQ
Fifth Birthday sale price. . 02 C
Men's Dress Shirts No detail has been over
looked in making this Fifth Birthday sale such
as it will long be remembered by our men
patrons, we have therefore made a splendid pur
chase of Men's Dress Shirts with collars attached
or detached in all sizes, fancy patterns, 7Q,
$2 values, 5th Birthday sale price 7C
filen's Work Shirts in blue or gray Q
chambray, fine quality at OJC
3,000 pairs of Overalls, union made Lackawanna
brand, made of the best 220 denim, dj-i QQ
in all sizes, very special, at per pair. . V A oO7
$1
Men's fine ribbed Union Suits, long or
short sleeves, $2.50 values, for
It pays to buy Humpty Dumpty Shoes for chil
dren. For this sale we placed our entire stock
of (infants' shoes, sizes 0 to 5, in plain or fancy
tops, remarkable value, per , d 1 OQ"
pair, only P 1
800 Men's Straw or Panama Hats, in all sizes
and all styles. Hats such as you will not often
see at the beginning of the season at such low
prices. If you are going to wear a Panama this
summer, buy it at this sale before they are all
gone. Placed in three lots
LOT 1 LOT 2
$1.98 $2.49
LOT 3
$3.98
79c
Boys' Bathing Suits in all sizes,
28 to 34, per suit
"Eastern Isles" Philippine Lingerie Gowns and
Teddy Bears, hand made and hand embroidered,
for this 5th Birthday sale, to give our patrons
something to well and long remem- t0 CQ
ber, special price while they last, each J)sfisOa
Boys' "Wooly Boy" Suits the suits with 24
features., These suits are made of the very best
wool worsted fbarics, each garment being fully
guaranteed to give perfect satisfaction. These
suits are regularly sold at $25.00, 5th Birth
day sale price, with d 1 Q ff
extra trousers '. ipiOsOv
Leonard Watches, in gold or nickel style, every
watch is guaranteed, 5th Birthday (i Q-
P lla.il
sale price
During This Sale Souvenirs Will Be Given to Each Customer
24th and OSts. South Omaha
Ask for Grea Trading Stamps They Ara Given With Each Purchase).
A. A. Ch. 7s, 1(41..
A. T. & T. 6s, 1932..
A. T. & T. 6s ,1624..
Anaconda 7s. 1829..
Armour 7s, 1(30
Ilelglan Oov. 8s. 1941
Belgian Gov. 7 Via. 1(46. 68 '4
Both. Steel 7s, 1923 95'.
British 6Vs, 1923 97
British 6V4. 1(29 874
British (Vis, 1987 (4
UKaqjt svi, ivjo
C C C A St I, 6s, 193?
Chile 8s. 1841
Denmark 8s, 1(46....
French Oov. (s, 1946
B F Goodrich 7s, 1926
13. O. Corp. 7s. 1933..
Jap. Oov. 1st 4V4s, 1(26 8444
Jap. Oov. 4s, 1931 68 Vi
Norway (s. 1940 lOOVi
N, B. Tl CO. 7s, 141..
N. T. O. 7s, 1930....
Packard 8s. 1931....
ra. H .R. Co. Js. 1930.. 101 V4
8. B. T. CO. 7S, 1925.. 96
Swift ft Coi 7s. 1925.... 96
Swiss Oov. 8s. 1940.... 103
T. Oil Co. 414s, 1930.. 90V4
U. 8. Rub. 7V4S, 1930.. 97V
Vac. Oil 7s, 1936...... 99 'A
West. Elec. 7s. 1931.... 984
Bid Asked Held
93V4 94V4 (.05
"Vi
96
92V4
9SV
94
8Vl
46
9744
88 Vi
84
98 Vi
8(
94H
9941
86 '4
94Vi
994
7V
69 V,
an
8.(4
7.80
(.94
7.74
(.20
7.63
4 14
7.39
T.bS
7.20
M8
45
(.66
(.01
(.20
8444
6814
iooi
98 V
(944 100
94V4 95
101
svi
90 Vi 10.06
96 Vi 7.(0
(.75
(.93
7.(3
7.14
7.0O
(.75
(.75
(.03
6i (.03
103 Vi 7.65
91 Vi
96
100
98 'A
7.35
7.80
7.00
7.16
. New York, Curb Stocks.
The following quotations are furnished
by Logan & Bryan;
Allied Oil 9 4-
Boston Montana 66 58
Boston Wyoming 7-16 44
Cresson ' Hold 1 11-16$ 1V4
Cosclen Oil (ViJ (Mi
Consolidated Copper.... 1 9 1
Elk Basin 7 W 114
Federal Oil 1
Olonrock Oil 110 IK
Island Oil 8Vi& ....
Merrlt Oil t (Vi
Midwest Ref. Co 18 6118S
Stlvor Kin of Arizona 10 20
Sapulpa Oil .' 3t(l SVi
Simms Petroleum 7t1
Toitopah Divide 1 9
V. S. Steamship 7-16W
V. S. lietull Candy SViW
White Oil 10 0
lorelcn Exchange Rates.
1'
Vi
7
Oil Market Is Impaired
By Depletion Reports
New York, June 15. Collapse of
Mexican oil (harti on reports in
dicating rapid depletion of oil pro
duction in Mexico caused violent un
settlement and price impairment in
today's stock market.
Mexican Petroleum suffered a net
decline of 13 points. The two classes
of Pan-American Petroleum com
mon stock fell 4 and 6 points and
Atlantic Gulf lost 6 3-8.
Sugars also were severely depress
ed because of unfavorable conditions
in that industry. American Sugar
lost 5 1-2 points and others of that
group fell 1 to 3. There was a de
cline of S 3-4 points in Cuba cane
sugar 7 per cent convertible bonds.
Northern Pacific Declare!
Regular Quarterly Dividend
New York, June IS. The North
ern Pacific today declared its regular
quarterly dividend of 14 per cent.
After the directors' meeting, Howard
Elliott, chairman, said: "This pay
ment is not from the earnings of
property in 1921, which, in common
with other railroads, have been at a
lower level than in previous years,
but out of surplus heretofore ac
cumulated and not distributed,."
South Side
Mother Causes Arrest of
Son on Insanity Charge
Insanity charges were filed against
Lee Wolf, 6309 South Thirty-first'
street, Tuesday night by hia mother,
who said he had threatened to kill her
and she was afraid to stay at home
in the house with him over night.
He was taken to the county jail
pending a hearing before the insanity
board.
South Side Brevities
The Bos serves South Side residents with
has ball scores on the window arnrs '
board at ths Philip's department store. -
Mrs. Max Hassett, sr., 4(20 .T Street. '
South Bids entertained the Ladles' Aid
society Of l.efler Memorial Methodist
Episcopal church at tea, yesterday after
noon. Farlsh meetings of ths Wheeler Me
morial church were held last nlitht at (
at the horns of Ira D. Knight, 4634 South
Seventeenth street, and also at the horns
ot Perry M. Wheeler, (701 E street.
We wish to thsnk our many friends and
nelKhbois. the Beef Dept. Morris Co., F.
I,. T. and G. A. R.. W. R. C, R. U P
members of (76 for their sympathy and '
beautiful floral offerings tn the sickness
?.nd departure of our beloved huahand and' .
ather. Mrs. Peter Hlnkel, Sons and
Daufhters.
Following are today's rates of exchange
as compnred with the par valuation. Fur
nished by the Petera National bank.
Par VaU Today.
Austria 30 .0022
Belgium .195 .0806
Czecho Slovakia .0141
Denmark 27 .1710
England 4 86 (.78
France .193 .0306
Germany 236 .0148
Greece 196 .0618
Italy 196 .0516
Jugo Slavla .0071
Norway 27 .1466
Poland .0011
Sweden 27 .2250
Switzerland 19( .1690
Canada 1.00 .8925
Chicago Storks.
The following quotations are furnished
by Logan & Bryan:
Armour A Co. pfd 86
Armour Leather Co. common 134
Armour Leather Co. pfd....,..,.,.. 83V4
Commonwealth Edison Co 90
Cudahy Packing Co. common 46 Vi
Continental Motors 6
Hartman Corp. common
Libby, McNeil & Llbby
Montgomery Ward Co..
National Leather
Reo Motor Car Co
Swift & Co
Swift International
Nebraska Bankers
Are
Cordially Invited
to Visit
The Packers National Bank
Uth St., at 0
15
7
19 Vi
7 V.
17
91
23 Vi
London Metals.
London. June 15. Standard Copper
73, 6s 6d: electrolytic, 77. tin, 167.
174 id; lead, 22, 6s; line, 26, 16s.
South Omaha Car at Uth and Farnam
South Omaha Car at 18th and Farnam
Farnam Car West to 2th and Transfer
South
The Omaha National Bank
and
The Omaha Trust Company
Extend a Hearty Welcome
to the Delegates and
Visitors
Attending the Convention
of the
Nebraska Bankers Association
Charles
D.
Michaels'
Market
Letter
of keen interest to
every busy busi
ness man in con
cise form every
week day and .
Sunday on the
financial page of
The Omaha Bee
"Let's Go Shopping
With Polly"
A complete shop
ping service, with
absolutely no ex
pense to you a
regular Sunday Bee
Feature.
The Updike
Grain Company
Operating largo, up-to-data Terminal EUvators in tha Omaha
and Milwaukee markets, are in a position to handle your ship
menU in the best poaiible manner i. e., cleaning, transferring,
itoring, ete.
MEMBERS
Chicago Board of Trade
Milwaukee Chamber of Com-
. merce
Minneapolis Chamber of
Commerce
St. Louis Merchants Ex
change Kansas City Board of Trad
Sioux City Board of Trade
Omaha Grain Exchange
OMAHA, NEB.
LINCOLN, NEB.
HASTINGS, NEB.
CHICAGO, ILL
SIOUX CITY, IA.
OFFICES AT
HOLDREGE, NEB.
GENEVA, NEB.
DES MOINES, IA.
MILWAUKEE, WIS.
HAMBURG, I A.
KANSAS CITY, MO.
All el these offices, except Kansas City, are
cetuMctee with each ether by private wire.
It will pay yeu to get in touch with one of our offices
when wanting to BUY or SELL any kind of grain.
We Solicit Your
CONSIGNMENTS OF ALL KINDS OF GRAIN
Every
to Atnaha, Chicago, Milwaukee,
Ksjfesas City and Sioux City
sW' Receives Careful Personal Attention.
The Updike Grain Company
The Reliable Consignment House