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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (June 30, 1921)
TH UKK: OMAHA, THURSDAY, JUNE 30, 1921. ot oblem j 4ected to Give Jfity for Greatest Piece of Financing Ever Undertaken. By HOLLAWn If Mr. Mellon, secretary of, the treas- ry, wui oeyona doubt receive from -""Kress me tun authority which I'vamcni naraing nad asked for n wnerehv he maw haniu - - .........i. s 10 mm best the debt which r J lit Market, Financial and Industrial News of the Day Live Stock Receipts wer . cirrictak Monday .... 4.SS6 Official Tuesday ... 4,1 Estlmat Wednesday. 4.600 Thrse days this wk. 11,807 sam day last wk..lt ltl Sam daya 3 wk. ago. SO, 366 Sam dayi I wk. ago. 29,364 Sam dayi year ago.lS.ll Omaha, June If. Csttle. Hogs. Sheep. 9,371 11.161 19.367 11.781 16,000 8.000 36,739 14.788 43.783 81,081 11,154 16.167 11.808 10,171 36.639 39,999 Receipt and disposition of llvs stock at ins union stock Yards. Omaha. Neb. for 14 hours, ending at I p. in., Jun 11, RECEIPTS CARS. Cattl Hogs Sheep. C. M. A Bt. r. Rv.. Wabash R. R. ...... Mo. 3ao. Ry Union Pacific R. R. allies in the European war owe ; 2 & he federal treasury. At least st p., m. a o. Ry is f ) view which is taken by ioi Aose in the financial dis- c.'. si. V fc "till aT 1 P ri f of iVB have had an intimation of tallon's ournose. Thev heli.va the secretary of the tmsnrv i already had informal discussion u this subject with some of the tiers in congress and that he has n assured that in due t m the islation which President Harding na reccommend would be enacted. ftl also th belief hers that th sec- , " iiwhuij na imormai ID With Soma Of the atataaman at Britain and of Francs. Before Mr. n oecame aecretary of ths treasury . cams from Great Britain that a essntativ of the British treasury or iiuioiii was scout to visit ths United lor ins purpose of discussing varl- CI f of Orsst Britain to the United States w. oui a oonierenc ot mat Kind, ny was held, was without avstl. Very y ins administration which preceded present one at Washington was par ed that this matter should be hand- vsr to the new administration. . Helton's friends In this city have a that one of the first thine, to h he gave consideration after hs fled as secrstary ot the treasury was iea aeot. There was some tntlms. ue and untraceable, that the rt uoparuneni roignt OS Willing 10 w . suKKoLiun mat mess aiueq oe oanceuea. Mr. Mellon, however, as a banker that the Elections to anceuar inn 01 tnia dent ware In.nr. jltable.ITo do that would be pf,ns n suns, to ins united mates or mti. y to ti allien who are Indebted t D I Greatest Financing, r pian zor ins Dandling or this debt Mellon knew must be' based noon funding of It But what was always i ne now puDiiciy states in ma letter president who unquestionably has o full agreement with the secretary. president urges the speedy enact or legislation which will authorise oretary of th treasury to fund up rms which seem best to him th ka) of this debt. Therefor It Is that within a few weeks th great pc of patlonal financing of which la any record win have been com- by th secretary of the treasury. II pass Into history aa one of the financial acnievements of modern Ition. Personally It will Identify try Mellon with this work as John an is identified witn the resump specie payments and Salman P, Lincoln s secretary of th treasury, fled with the financing by which s were obtained for carrying on iwar. n admits that he baa authority The time for the payment of 4 1 or of th interest upon that V 110,000.000,000 loan which subscriptions by the Airier Liberty bonds and Victory or, be could without any congress fund that part of nt which Is represented by ! from the Liberty bond Avancee amount to $9,416, n gross so tied up this au vise confusion. It would Tore for the ' secretary so id to htm the wiser part nted him full authority, or amending ths earlier : confusing legislation. m's Achievement. - -Mellon' predecessors. Wll 4 was confronted with to his authority to refund lred millions, of Untted States n to become due at a lower hout receiving special ress to do that. Sec- advised by Attorney Weagh that be could 1nt8rfteoe of eon- .thy of th American that tlms were opposed to re- th rat of interest which Mr. ,rnnnaad. h. solved the Droblem k the most dramatlo acts ever i by a secretary of th treasury, uncsd that th Treasury depart ed redeem each month 10,000,000 bonds, the choice belnr mads by If them who possessed the bonds illng to aocept a lower rat of then th Treasury departranet nmlt itself by stamped approval "position. Aa a result the entire funded at a lower rat of In- 1 means of th discretionary . Window possessed. Secretary Mellon will be able, e so disposd, to handle that h..ftlHed debt, which is about s r tn entire debt of a little ,00000, in his own way with- g obtained authority from oon- Sl t It seemed to him and alas, to -Harding that the wiser way 1 tound In authoritative leglsla J' n gress. 'v does not intimate that he ii relating- to th funded .oes state that th Interest f .st be paid and not funded, 'mates that Great Britain and vuld begin immediately to ne part of this. debt. But I e done with the bond after 11 10 C8 I 18 18 10 18 4 17 C, R. I. A P., west.. Illinois Central Ry. C, O. W. Ry. ... , Total receipts ...... .113 DISPOSITION- IS IS 71 17 14 ( f it 11 117 HEAD. Cattle Hogs Sheep, 787 1,116 1,000 1.(34 1.476 1,605 1.854 1,383 718 Armour Co. . . Cuilahy Pack. Co.. 430 Dold Packing Co.. 171 Morrla Pack. Co. . . ' 801 Swift & Co. 1,117 J. W. Murphy Swarts A Co. Lincoln Pack. Co. Wilson Pack. Co M. GlaSsbiirg .... HlgRlns Pack. Co.. g S7 Hoffman Bros. . . . . Mayerowlch & Vail. P. O'Dea Omaha Pack. Co... John Roth & Sona. 8o. Omaha Pack... K. O. Christie & Son Dennis A Frsncls ., John Harvey T. J. Inghram .... P. G. Kellogg .... P. P. Lewie J. B. Root A Co... Ogden Pack. Co 153 inner ouyers ... 1.067 1.434 868 61 84 16 8 T 11 1 16 IS 31 13 1 406 12 17 33 81 'Hi Total 4.714 16,606 1,348 0 I ayni vlthoif l though I (bllgationa have been funded mains to b disclosed. Very ary Mellon believes that tn these bonds will be absorbed illc, and by the banks. Some '-r 'think that by and by will make Investment In ;onds. The matter Is not ' importance because until absorbed. they will be held lury department and will asset, safe as to nrinclDal th payment of interest, be a benefit to taut mn aa public. 10.000.000 In .II. bed the Liberty bonda and es and who have kept posses- Cattle With another moderate run ot cattle on sale, about 4.600 head, the mar ket for, beef and butcher cattle was In just auout the same shaps as on Tuesday. seners were aDie to dispose of their de sirable cattle in fair season at good, steady prices, but anything plain or half fat waa very dull and barely ateady. Best yearlings and handy weights sold op to 38.16. There were no feeders of any con sequence her and th ton of th market continues very dull. Quotations on cattle: Choice to prim bsevss, 87.86 ? 8.15; good to choice beeves, 37.1507.75; fair to good beeves, $7,009 7.86; common to fair beeves, S6.60O7.00; oholce to prime yearlings, S8.00Qi8.35; good to choice yearlings, 3?.607.8O; fair to good yearlings, 37.O0df7.5O; common to fair yearlings. $6.0007.00; choice to prime helfere. 17.00 ff 7.76; good to choice heif ers, $5.6037.00; choice to prime cows. 15.76 8. 25 ; good to choice cows, $5,150 .it; rair to good cows, 34.dob6.Z5; com mon to falT cows, $1.6001.76; good to choice feeders, $6.7507.15; fair to good ieeaera. o.zni n.75; common to fair feed. era, $6.5006.25; good to choice Blockers. ib.duqi7.z6; fair to good stockers, $6,000 6.60; common to fair stockers, $6,000 6.00; stock heifers, $3.6005.00; stock cows, $3.0003.75; stock calves, $5.00 7.86; veal calves, $5.50010.00; bulls, stags, etc., 3.OUQ6.U0. . BEEP STEERS. No. . Av. Pr. No. Av. 12. .....1160 $7 25 $ 1367 Chicago Grab Financial By CHARLES D. MICHAELS. ' Chicago Tribune-Omaha Be Leased Wire. I Chicago, June 29. A change of tv ALEXANnrcp nim mnvrc front on the part of the leading in-, Chicago Tribune-Omaha Deo Leased Wire! terests who have been active on the f New York, June 29. Advance in selling side, brought a recognition f today's call money market to 6 l-2c of the bullish situation in wheat in I for the. first ti.m? in fortnight had 18 1326 20... ...1196 10.... ..1081 22 1132 1 60 T 65 7 80 8 00 34 1165 20 1360 41 1137 10.. 24.. 23.. 8.. STEERS AND HEIFERS. .1108 7 00 15 73S T 60 ,763 7 60 TEARLINOS, . 87 8 25 COWS. .1206 6 75 7...... S14 I 85 , HEIFERS. (...... 681 S 85 9...... 801 S 25 BULLS. 1 1890 3 90 CALVES. 1 180 7 26 Hons A liberal, run of hoes arrived this morning, the yard estimate calling for 15,000 bead. Trade was featured by a fair shipping demand early at prices 100 15c higher, but packers refused to follow this advance and finally iut us their killing droves mostly on a steady to dime nigner oasis. Trade as a wnole was Quoted steady to 15o higher with the late market rather dull and about ateady. Best Ueht nogs topped at 38.85 and bulk of the re celpts sold from $8.1008.75, HOGS. No. Av. 60. .844 49.. 338 60. .268 60. .141 75. .129 28.. 182 No. Av. 57. .329 66. .218 76. .273 63. .301 76. 230 79. ,199 75..20S Sh. 180 70 280 Sh. 70 , 40 40 150 70 Pr. $8 00 8 15 8 80 8 46 8 60 S 70 s.ln Kailwav Securities Issued iton, June 29. Five hun- Sixty-one mill on dollars' '"railroad securities inr-lurf. XX),000 worth of bonds. issued with the apDroval terstate Commerce com- inng the last year. W. A. irector of the commission's nnance, testified before a estigating committee, 'ernment's revolving fund to railroads has been ab the extent of $228,000,000, it considering amounts re payments of railroad ad- accounts and loans a. but not extended. th. Kilable for further credits $l,WJU,000. spools LWe Stock. iJ Jun 29. Cattle Plesd; native ataara nn. iots.Jow.?ri 714 P1d: - li. ss y-VJln "d heifers, rr, sb paid; cow,. iaau. .Tv..Hvv.i0. duiis eai cair Pr. $7 90 8 10 S 26 3 40 , 8 60 S 66 S 76 Sheep Receipts of sheep and lamb amounted to 9,000 head with most of the offerings springers from Idaho and other range districts. Buyers were all bearish ana prices lor spring lambs suffered a further decline ot 25050c. Best western springers were quoted at 39.6009.75 and native springers sold at 38.5009.00 and less. Fat sheep wer generally steady with fed shorn ewes reported at $4.00. A few feeding lambs are going out at $6,150 6.00. .. Quotations on Sheen Rnrlnr lamh. $6.0009.76: ahorn vearllnars. i5.5BiHi7.Rn'- shorn ewes, 3,3.0004.00; cull ewes, $1.00 3.60. SPRINO I.AMRS No. Av. Pr. No. Av. Vr 494 Ore.. 71 $9 60 633 Ore.. 71 $10.10 660 Ida.. 67 9 65 306 Ore.. 61 8 60 FEEDER T.AMPS 166 Or. .69 5 00 196 Ore. '. IT I SO 355 Ore. .65 S 00 FAT YEAHT.TNfia 143 Or.. 96 6 60 FEEDER TEART.TNnn 168 Ore.. 87 3 60 Kansas City Llvs Stock. Kansas City. June 29. (TT. R Markets.) Cattle Receipts, 6,300 head; grassy steer dull; other grades steady to lOo higher; top, $8.15; best beeves, $8.00; yearlings, $8.15; bulk all classes, $6,750 8.00; some sales, $5.3005.76; calves 250 60o lower than best tlm yesterday; top, $8.25; bulk good and choice, $7.0007.25; other classes steady; good cows, $5,000 6.60; many common ones, $3.60; bulls, $3.60 0 4.50; some down to -$3.00; canners, nvestly $2.0002.25; good Texas stock steers, $5.76; medium atock cows, $3.00. Hogs Receipts, 6,500 head; few early sales light to shippers and traders around 15o higher than yesterday's average, $8.86 paid: packers slow, buying at steady prices, $8.70 for lights; bidding steady on others; most hogs unsold at II o'clock: bul)cof sales, $8.4008.75; pigs steady; top, Sheep and Lambs Receipts, 1,000 head; market ateady, most fat awes around $3.60; lambs 25050c lower; one deck, 80 lambs, $9.76; bulk better grades, $8,750 9.25. ' the northwest and reversed the ac tion of all grains, after a weak open ing and decline early on a continua tion of the selling so pronounced tuesaay. Liquidation ran its course on the early break and a covering movement, witn oossiD v some he o from the outside, furnished one of the greatest surprises the grain trade has had of late. The finish was with a flurry of buying at around the best prices and the reverse of the previous day with wheat 'up 4 to S'4, corn 4fi to SH. oats H to iy ana rye 4J8 to byt for the day. Greater part of the losses of the previous day were regained and the short interest reduced. Lrop news from the northwestern spring wheat country was of the same unsatisfactory character as of laie, only a little more so. I he crop is in a critical condition and LeCount's message from cen tral Minnesota told of b ieht The forecast for the balance of the week was tor high temperatures and no rain, which was the basis for a great deal of buying and a good part of the advance at the last. . Seaboard Buyer Active. Seaboard exnorters vara haaw hnv... Of July and SeDtember wheat at tho start, absorbing the offerings and tak- 1,980 ln the slack out of the market At no nme was mere any selling pressure such as on previous days, while the buying was much better, although largely at-1 trlbuted to ahorta. July was takan freelv bv nuh hnnaaa and September sold at 1 cent discount, the smallest difference ao far. At Minna. apolts September was Sa over July at one time. Export buslneas at ths seaboard aggregated 1,250,000 bushels, mostly at the gulf, with first half July 19o over Chi cago July. - Cash premiums wer prac tically unchanged hero, with milling sales 20,000 bushels. In th southwest Kansas City was So lower to 10c higher. St. Louis to 1 to 2o higher and Omaha S to 4o higher. corn surprised it friends by displaying aoldout and oversold condition, narticu. larly at the last, when prices advanced lo in about a minute and made a sen. satlonal close at the h la-hen t of the dav. with July at SlH0624c September 62 to 6114o and Deoember at il tn (9Un. showing advances of Sti06Ho from the early low. Dry weather talk, with heavy buying of July and selling of September by the Armour Grain company at o difference, with more purchases of July than there were sale of Septsmber, helped by large purchases by local pro fessionals, caused the advance. Elevator people were active buyers of July and sellers of September oats to turn over their hedges at 202o difference. Shorts bought on the unfavorable crop news and the advance ln other grains, while receiving houses were moderate sel lers on hedging orders from the country. Rye was picked up by seaboard houses and advanoed with other grains, moving up nearly 6o from the low point on July. Cash lots wer So over July. Pit Note. Sentiment ln th wheat trad tonight was more favorable to the buying side on breaks. The weather Is the big factor all over ine country, especially in the north west. Should the forecast for the bal ance ot the week materialize, crop con dttlons will be greatly lowered and the iraae lor the moment Is disposed to over look the economjo conditions which have been1 such an important factor of late and are paying attention to the real situation in grains. Reports from th southwest say that farmers are disposed to sell freely, yet country purchases of new wheat in that section were not large, while ln the cen tral west they were large. Foreigners uiopooea to ouy wneat ireely on breaks. f Wheat prices declined vasterdnv 9 ranta and today advanced S cents. It was noticeable that outslda traders who have been long In many Instances sold out their holdings early in the dav and went ahnrt On the break. Julv lons-a ara o-aatlTiir nnt " tuning ina eeptemoer, as the differ ence is the smallest of the season. There was a spread of 19 cents between July and September wheat whll at on time louay it was i cent. It lOOks aa thaus-h iha laarilna- sli In. terests in corn was preparing to take in all the cash corn delivered, or has made araer sales in ini aaannarf, than h. ing reported and Is buying the July In expectation of getting the dash corn da. liyered next week. There are indications of deliveries of between 4,000,000 to 6, 000,000 bushels cash corn on July 1 also s.vuv.uuu io ,uu,uuo bushels oats. Prepar ations are belnK made to lnoreaaa tha ala. yator capacity to provide storage room for uv ann- wneat. Elevator Interests era nrannrcrt tn n. erate their warehouses in CMA tha Vni.lt.ri who are to meet tomorrow night decido im tatter is considered both Wavs bv ths traHa Thou n,v.n ... .. lah on wheat are afraid that it wilt have a strengthening lnflnence while ln corn and oats the big stocks cause a reverse feeling. The board nl ..in k. V". " oaiuraay juiy 1, and Monday. uiy ,,.,alia" ln laln outside mar kets will follow. m&S00?0 w!rMl from Anoka, Minn.: "Wheat showing consldarahla hllrh .. result of heat. Oats through this terri tory about an average but need rain. Corn decidedly above the average, but curling in ths middle of the day. This territory very dry and rain must come soon or all crops will be damaged." .John .ning". wlred fr Excelsior, Minn.: "Drove 90 mile through Hennlpen and Wright counties. All crops are suf fering from excessive heat anH rain. Wheat deteriorating rapidly; rain must come soon or loss will be serious. Corn about ready to tassel. Should pres ent weather conditions continue another week corn will tassel short.' CHICAGO CLOSING PRICES. By Updike Grain Co. DO. '2627. June 29 Pr. $7 85 7 80 T 70 7 90 no evident relation to the recovery on ine siock exenange. It is not many months since Wall Street watched the daily call money market anxiously because of the belief (Which its recent experience had seemed to justify) that a rise in the stock exchange money rate was automatic warning that the bidding up or siocks naa Detter cease. But the great change which has occurred in the general position of credit, partly through prolonged liq umation ana part v throuerh in creased gold reserves, is recognized oy the altered attitude towards day- to-day money rates. . The higher rate todav resulted oh viously from drawing in of balances to nrenare for the Tuiv satHamanta which will this time occur on the very eve of a triple Wall Street holiday. Upward Trend Continues. Last year the stock exchange paid per cent for money on June 29 and is per cent on June 30, while merchants' paper and three months secured loans moved up to 8 and 9 per cent, respectively. With few exceptions today's stock mar- Kst continued the upward movement nf ine a ay oerore. Advance were lrregu lariy distributed and many stocks went only a fraction hlghsr, but gains of 1 to 3 points were numerous, especially in the Industrial group, and buslneas was on a larger scale than in any previous day mis wseK. At today's highest price (there was I slight reaction before the close) the re. covery In active atock a compared with the low level ln the early decline of last week ran as high aa 6 to 10 par cent in a tairiy long list or activ stocks. Excspt for th "January reinvesting penoa, wis is to most rapid and sub stantial recovery which haa occurred any time in tn past is monina. : German Marks Drop, On the foreign exchange market, th aay s noiewonny movement was a da clln in German marks to th lowed rate sine the middle of last' Deoember. Today's low price of 31.81 compares with $1.74 Just before the reparation pay. ments began at the end of May. Th shrinkage Is from one very low valua tion to another, but the depreciation, none the less, means decline of nearly 25 per cent within one month In th foreign pur- cnasmg value or tne mark, wall Street had a report that large amounts of mark credits were being turned Into cash by American exporting houses, which may or may not be the immediate explanation, but most of the experienced. European financial critic hav predicted continuous depreciation as one inevitable result of the indemnity payments. - One Is apt to wonder what value th mark will touch while, the huge re maining cash payments are being mad. It is already more greatly depreciated on outside market than th currencies of Czecho-Slovakla, Roumanla or Serbia. No change either, for better or worse, Is indicated in the midweek reviews of ths steel and iron trade. tOB. 1? AA. K..11. ekera and feeder . ahn,.. Nd: closing ' - duik, iigni and t8O0.jO; bulk, heavies; f aows, l5o lower at o lower at $801.25; ambs Recelnta. I inn kt demoralized:' beat inJ CUlls. 600 lnwor- tnn t. packer. 18.6a? hull, .,. f'V' of good lambs brought I v " uecits unsold. f .,. Metal. Yt 2!- "'-Copper Quiet; and nearhv. l!n.. L- nd nearby, o; fu- unrhanr.a I i. M t. 4.40c. s ." Chicago Live Stock. Chicago," ' Jun 29.-Catt1e Receipts 8,000 head; market, yearling and handy weight ateers, strong to 16c higher; others steady; top, $8.45; bulk, $8.3508.36; she siock, mostly steady, spots strong; bulk tat cows and heifers, 34.OO06.QO; can ners and cutters, 3L6O03.OO; bulls and caives, sieaay; bulk bologna, $3.6003.76; butcher bulls, largely $4.6005.50; bulk vealera, $8.2608.75; stockers and feeders. nogs Receipts 24.000 head; market, slow; opened 10 to 16o higher than yes terday s average, closing weak, with part of early advance lost: holdover, moder ate; top .$9.16, one load, out of line- fata nt-an t ta A ...n... . . vwa w.w, tut kviMcui'&i joy level: 8--: to 16o higher! Sheep and Lambs Receipts 14,000 head market, best light ewes, strong; lambs and yearlings, 25a lower; choice native mmus io city ouicners, siu.uu; oulk, $8 00 69.60: top western Iambs. SlQ.Kn- t.t naUv ewes, 33 6004.25; big weight, $2.60. Sioux City Livestock. Slo-ix City, June 29. Cattle Receipts, z.imio head; market slow, steadv: tr steer and yearlings, $6.0008.36: fat vows ana asuers, d.outpi.zo; canners, 31.6008.60: veals. 36.0009.00; civ.. $3.6004.00; feeding cow and belters. $2.60 vi.e s-ocaera, .uvipo.ZB, - Hogs Receipts, 10,000 head; market steady. 10c lower; light, $8.4608.70: mixed, 3S.2508.5O; heavy. $7.7603.36; bulk, $7.8008.60. . Sheep and Lamb Receipts, 880 bead: market steady. , , St Joseph Live Stock. St. Joieph, Jun 29. Cattle Receipts, 2.000 hed; market for steer steady; butcher steady to 25c lower; steers, 36.25 08.25; cows and heifers $3.7608.26: calves, $6.0008.00. Hogs Receipts, 3.600 head; market ?.'fI.to,tron! t0P- s ll bBl . $.608.8a . , Sheep Receipts, 4,000 head; market 35 ..it..ltTOi lambs. $9.00010.00; ewes, 63.1)005.00. Bee Want Ads Small but mighty. New York Produce. New York, June 2ft.- Butter Firm; creamery higher than extras. 8603644c: creamery extras, 15Hc; firsts, 82H026c Eggs Firm; fresh gathered extra firsts, 31032c; firsts, 27 30c. Cheese Firm ; state whole milk flats fresh specials, 16164o; state whole milk twins specials, 16016Vic Live Poultry Steady; broilers, express, 86 060c. Dressed Poultry Steady; prices un changed. New York Dried Fruits. New York, June 26. Apples Evapor ated, nominal. Prunes Better export demand. Apricots Unsettled. Peaches Quiet. Kansas City Produce. Kansas City, Jun 29. Butter and egg Unchanged. Poultry Hens, lc lower, 22c; broiler, lo lower, 27 0 34c. New York Quotations Rani of Prices of th leading stocks. furnished by Logan A Bryan, Peter Trust building) SAILS. Tuea. High, Low. Close. Close. A., T. A S. T 79V 79 79 B. A 0 37 Vl 36 17V 3s Canadian Pacirio. .10Vs N. Y. Central 69 Che. A Ohio 62 Erie R. R 12 Gt. Nor. pfd 66 Chi. Gt. Western. 71 H Illinois Central ... 81 Vi M K. A T 2U K. C. Southern.... 35 Missouri Pacific... 20 New Haven 17! Northern Pacific. 69V. Chi. A N. W 63tt Pennsylvania 28 Reading Co 67 C. R. I. A P 30 Southern Pacific. 73 Southern Ry...... 19 C. M. A 8t. P.... 28 Union Pacific 116 Wabash 7 107 108 107 68 69 63 52 61 60 12 12 12 5 66 66 71 71 .... 89 89 89 2 ' 2 3 24 26 34 19 20 19 17 17 17 68 69 68 63 69 . .... 83 33 18 66 66 65 29 90 10 . 72 73 72 18 18 18 26 25 24 115 115 115 7 7 .... Am. C. A F Allls-Chalmera , Am. Loco Utd. Alloy Stl.. Baldwin Loco. , Beth. Stl. Corp., crucible stl. 81 22 71 47 59 Am. Stl. Fdry 26 Lackawanna Stl, Mldvale Stl.-Ord. Pressed Stl Car. Rep. Iron-Stl. .. Ry. Stl. Spring.. 81oss-Shef. Stl. . U. 8. Stl STEEL. ..124 121 128 31 31 81 78 22 68 45 67 26 28 23 66 45 77 32 73 39 24 66 47 79 23 .... Ti COPPERS. Anaconda Cop. Mn 87 36 Am. Bmlt.-Rfg. .. 86 Butte A Sup. Mln Chile Copper 10 Chlno Copper Co.. 23 Calumet A Art.... 46 Insp. Con. Cop.... 33 Kenne. Cop. 18 Miami Cod. Co.... 21 Nev. Con. Cop. Co. 11 Ray Con. Cop...,. 12 Utah Cop. Co 48 INDUSTRIALS. Am. Beet Bug. ... 39 29 A. G. A W. I. 8. S. 25 24 Am. Int. Corp, ... 26 84 Am. Sum. Tob, Co. 64 Am cotton on CO it 81 22 70 47 68 26 28 24 66 46 79 33 76 120 81 79 . 69' 45 67 26 87 28 65 46 74 8 36 11 10 22 12 18 20 47 ' 24 33 63 17 Am Tel A T1...10l 102 102 102 Am Agr cnera fro bt is it so Bosch Magneto... 24 32 34 33 Co'tln'tal Can 46 44 46 46 American Can Co 26 36 26 25 Chandler Mo. Car. 54 S3 53 64 central Ltbr co... 36 . 14 is 34 Cuba Cane Bust Co 9 9 9 Cal Pkg Corp 66 56 66 54 Cal Pet'leum Corp 38 88 88 88 Corn Pdct Rfg Co 66 66 66 66 Flsk Rubber Co.. 13 12 12 12 Gen Electrio Co. ..128 127 128 126 27 36 10 23 46 32 18 20 11 12 48 29 25 84 U J 63 17 17 26 10 23 46 31 18 20 11 12 47 Omaha Grain Bonds and Notes Omaha, June 29. Cash whtat prices were 34c nigaer toaay. uemana was winy good for the good offerings, but there was a slow sale for the poorer grades. Corn prices were lJ42c up. Oats were up fiQlc. Rye was nominal and barley about a cent up. brain receipts were light. WHEAT, No. 1 hard: S cars, $1 11. No. 3 hard: 1 ear. $1.27 (dark): 1 ear, $1.21 (heavy); 1 car, $1.22; S cars, $1.21; i car, si.ia iioaaea out.) No. 3 hard: 1 car, $l.lt: S cars. $1.17 1 car. $1.14 (smutty); 1 car, $1.09 (smutty.) No. S mixed: 1 car, $1.10 (durum); 2-1 car, 31.10 (86 per cent durum, 15 per cent spring. CORN. No. 1 whits; 4 car, 66e. No. 3 whit: 1 cars. 55c No. 3 white: 1 car, 6o. No. S white: 1 car. 60o (smutty.) Sample white: 3-6 car, 46o (heating.) No. 1 yellow: S ears, 50o. No. 2 yellow: 3 cars, 49o. No. 1 mixed: 3 oar. 62 Vic (near whit): 1 car, 48c. No. 3 mixed: 1 car. 48o (near yellow): 2 can, 47c; 1 car, 47o (shipper's weights.) OATS. No. S white: 1 cars, IJo, No. 3 white: 4 cars, 31c No. 4 white: 1 car, 31 c Sample white: 1 car, SOc. BARLEY. No. 3: 1 car, 48c. U. S. VISIBLE SUPPLY. Today. Week Ago. Year Ago. Wheat ...10,600,000 11,280.000 24,084,000 Corn 24,830,000 27,960,000 3,373.000 Oat 23,487.000 31.467.000 6,501,000 OMAHA STOCKS. Wheat ... 1,860.000 202,000 Corn 1,146,000 1.218,000 Oat ..... 1,226,000 1,239,00 OMAHA RECEIPTS AND 440,000 434.000 89,000 SHIPMENTS. Week Year Gt North'n Ore... 87 Gen Motor Co.. ..11 Goodrich Co 21 Internet Harvester 82 Haskell, Brkr Car U S Ind Alcohol Co 64 int. Nickel 14 Internet Paper Co 14 Island OH......... S Ajax Rubber Co... 22 Kelly-Spr'gfld Tiro 88 Keystone Tire Rub 10 Internet Mero Mar 10 Mexican Pet. 27 10 29 81 27 11 20 82 10 80 82 52 Middle State Oil. 11 Pur OH Co. 26 Willys-Overland1.. 7 Paclflo Oil 35 Pan-Am. Pet. .... 49 Plerce-Arrow .... 19 Royal Dutch Co... 64 U. 8. Rubber 54 Am. Sugar Rfg.... 74 Sinclair OH A Rfg. 2 Sears-Roebuck Co. 68 ' 8tromsberg Carb. 33 Studebaker Corp. 77 Tob. Pro. Co 64 Trans-Con. Oil ... 8 Texas Co 23 U. S. Food Pr..... 17 U. 8. 8m-Rfg. White Motor Co.. 82 West'house Arbrk .... Western Union ... 86 Westinghouse .... 45 American Woolen 70 Total sales, 602,100. Money Close. 6 per cent: Tuesday close. per cent. Marks Closs, .0116c. Sterling Close. 38.75: Tuesday close. $3.76. 6$ 63 62 13 14 13 51 54 63 3 S 3 22 22 22 27 27 27 10 10 9 10 10 10 111 112 112 11 11 11 26 26 26 7 7 6 34 24 34 47 48 49 18 19 19 68 68 63 51 52 52 72 73 72 20 20 20 86 66 67 31 83 29 75 77 ' 74 63 54 54 7 8 7 23 23 23 16 17 17 28 31 82 81 89 86 86 44 44 44 68 68 68 Linseed Oil. Duluth, June 29. Linseed on track and arrive, $1.79. Receipt Today. Ago. Ago. Wheat 27 29 49 Corn 24 80 66 Oat 15 13 7 Rye IS Shipments Wheat 22 44 74 Corn 74 84 69 Oats 31 3 14 Rye . . 1 Barley 1 1 .. CHICAGO CAR LOT RECEIPTS. , Today Wit ago. Yr. ago. Wheat 60 66 13 Corn 340 SIS , 196 Oat 100 134 43 KANSAS CITY RECEIPTS. Today Wk. ago Yr. ago Wheat 100 200 38 Corn 89 41 41 Oat 9 1 4 ST. LOUIS RECEIPTS. ' . Today Wk. ago Yr. ago Wheat 69 , 63 78 Corn 27 27 89 Oat 12 ' 27 33 NORTHWESTERN RECEIPTS OF WHEAT. Today Wk. ago Yr ago Minneapolis 285 334 208 Duluth- 149 " 140 179 Winnipeg . 92 139- 190 PRIMARY RECEIPTS AND SHIPMENTS. Receipts Today Year Ago. Wheat 818,000 668,000 Corn 1,212,000 1,246,000 Oats 701.000 487,000 Shipments Today Year Ago Wheat ....618.000 756,000 orn 663,000 638,000 at 236,000 433,000 EXPORT CLEARANCES. Today Year Ago. ....646,000 The following Quotation furnished by to umana Trust company : 97 95 91 94 98 99 96 97 83 83 96 87 95 Btd Am. Agr. Chem 7s, 1941 94 A. T. A T. Co 6s. 1912... 97 A. T. A T. Co. 6s, 1914.. 96 Anaconda 7s. 1929 91 Armour Is, 1910...: 94 Belgian Govt. 8s. 1941.. 97 Belgian Govt. 7s, 1946 98 Beth. Steel 7s. 91911 96 British 6 1911 97 British 6 Vis. 1929 88 British 6( 1S37 83 C B. A Q. Jt. 6 Vis, 1936 96 C. C. C. St. L 6s. 1929 86 Chile la 1941 95 Denmark 8s, 1946 99 100 French Govt 8s. 1945... 99 99 a. f. uooorion is. i25... 89 Gulf Oil Corp. 7s. 1998.. 95 Jap. Govt, let 4 Vis. 1935 84 85 Japanese Govt. 4s. 1931.. 69 70 Norway S 1S40 100 100 N. B. Tel Co. 7. 1941.. 98 99 N. Y. Central 7s 1930... 99 100 Packard Ss, 1981 94 95 Penn. R. R. Co. 7s, 1930101 101 S. Bell Tel. Co. 7s. 1926 96 96 Swift A Co. 7s, 1925 96 96 Swiss Govt. 8s, 1940.... 109 104 T dw'ter OH Co. 6 Vis, 1930 94 94 U. & Rubber 7Vs. 1930 97 98 Vacuum OH 7 1936.... 99 100 Weit'gh'ss El. 7 1931... 99 100 Appx. Asked YK1 94 8.05 8.60 7.15 8.60 7.80 8.16 7.66 9 10 7.48 7.14 7.01 6 8.26 8.48 8.00 8.03 89 10.81 95 7.63 1.69 8.70 7.96 7.10 7.00 8.75 6.7? 8.13 8.10 7.68 7.02 7, 6.98 7.00 South Wheat Chicago Produce, Chicago, June 29. Butter Lower; creamery, extras, 34c; standards, 83c; firsts, 28033c; seconds, 24 27c. Eggs Higher; receipts, 10,367 esses; firsts, 25Vi26c; standards. 26 027c; ordinary firsts, 23024c; at mark, cases Included, 24025c. Poultry Alive, lower; fowls, 23o; broilers, 36042c. Chicago Potatoes. Chicago, June 29. Potatoes Stronger receipts, 64 cars. Virginia, 34.0004.25 barrel; Norfolk, $3.7602.90 barrel; North Carolina, $3.6503.76 barrel; Old North era whit. 60c cwt. . New York Cotton. New York. Jun 29. While first orlces ln ths cotton market were 205 points lower, ths undsrtone was steady and of ferings from Liverpool were absorbed well by Japanese and New Orleans Interests. Weakness at Liverpool just before th start hare was attributed to liquidation anead of tn united states government report on th crop. After the opening the list acted fairly steady within a nar row rang and was about seven points net lower. On scattered southern selling, prices wonted down to is points Uolow last night's closing. The weekly weather re port read unfavorably on the average and was lonowed by rallies or 8 to 9 oolnts but buying was restricted by reports ot good rains In the eastern belt and a feei ng that low-end June condition figures had been pretty well discounted. Foreign Exenange Kate. Following are today' rates of exchange as compared with the par valuation. Fur nished by th Peter National bank: Par Valuation. Today. Austria 80 Belgium ,., 195 Canada .......1.00 Csecho-Slovakla Denmark ................. .27 England .....4.86 .198 .238 .195 .195 .0021 - .0802 .8875 .0189 .1706 S.75 .0806 .0186 .0590 .0492 .0072 .1445 .0009 .2240 ,1700 New York Hugar. New York, June 29. The raw sugar was unohanged at 4o for centrifugal. There were sales late yesterday of 6,000 bags of Santo Domlngoes, 2 9-16 c. 1. f equal to about 4.66c for centrifugal, or little more than the Porto Rlcan price, but It Is believed that these sugar are to ba refined for export and consequently the buyer receive a drawback, which brings the actual cost below the Porto Rlcan auntatlen. Tha aalaa tnilav wara 7.000 bags of Porto Rlcan. Franc Germany oreec Italy Jugo-Slavia Norway Poland Sweden Switzerland .27 .27 .195 Girl of 16 Reports Missing Fourth 1 Marie Meta, 16, doesn't love home. She was reported missing fc the fourth time yesterday by hei mother, Mrs. Joseph Metz, 4622 South Twentieth street, yesterday. She has been working at the tele phone exchange, Twenty-fourth and K streets. Her mother says she thinks her daughter is staying with girl friends, but she wishes at least Marie would have the kindness to tell her mother where she is. : Court Rules 179 Quarts Not Too Much Beer in One Horad Not Too Much Police Judge Wappich in South Side police court yesterday ruled that 179 quarts of home-brewed beer was not an un reasonable amount for William Ran ger, 2901 Bancroft street, to have in his home, fie gave Kanger an order for the beer which police had confiscated. Two-Year-Old Goes 15 Blocks. On Tour of Exploration Julius Peterson, 2, 5614 South Twenty-fourth street, toddled away all by himself and wandered IS blocks before he was found by two boys at Twenty-fourth and B streets and turned over to his fran tic mother, Mrs. Julius Peterson. She was preparing for a picnic when the youngster departed. , London Money. London, June 29. Bad Silver SS 3-54 per ounce. Money a per cent . ' Discount Rates Short bill. 6 Pr cent; three months' bills, 6 pr cent Turpentine and Rosin. Savannah. Ga.. June 29. TurDenUne firm, 60c; sales, 317 bbls. ; receipts, 603 bbls.; shipments 323 bbls.; stock, 7,225 bbls. Rosin Firm; sales 1,649 casks; receipts, 1,186 casks; shipments, 723 casks; stock, 82 109 cask. Quite: B, D, E, F, G, $3.60; H, $3.60; I $3.66; K, $4.05; M, $4.60; N. $5.00; WG, 16.65; WW, $6.20. r New York Dry Goods. New York June 39. Cotton goods and yarn were aulet. bat steadier today. Un derwear manufacturers said reductions In the prices of spring 1922 underwear would be shown In July and August. Silk was barely steady and burlaps quiet. THE OMAHA 1 BEE furnishes a complete an prompt 1 Base Ball Score Board for. the benefit and c o n v e n i ence of SOTH SIDE resi dents on the win dows of PHILIP'S DEPARTMENT STORE 24th and O Streets The Omaba Bee Bar Silver. New York, June 29. Bar Sliver Do mestic, 99c; foreign, 69 Vic; Mexican dol lars, 45c Art.. Open. ) High. Low. Close. Yes. Wht July Sep. Ry July Sep. Corn July Sep. Dm Oat July Sep. Dee. Pork July 8ep. Lard July Sep. Rib July . Sep. 1.18 1.19 1.17 1-17 1.14 1-03, .68 .67 .69 .58 .66 .67 .3. ' .36 .37 .37 .39 .39 I 17.70 17.90 110.26 110.60 110.35 110.62 1.24 1.18 'i.2i 'i.i'e' ; i ' 1.30 1.14 ! 1.10 1.04 .62 '.11 ".' '".5S "".63 '".56 .36' .85 ' '".88 '".37 '".ii" 17.70 17.90 10.42 10.77 u (10. 117.70 17.90 I 110.25 110.60 10.35 10.62 1.24 1.19 L23 1.19 123 1.17 1.22 1.17 1.20 1.14 1.10 I 1.03 .61,) .68 .62 .62 .59 .63 .69 .62 .67 .62 .66 .36 .35 .36 .38 .37 .38 .40 .39 j 1 .39 117.70 117.60 (17.90 17.90 110.40 110.15 10.77 110.66 110.81 II 110.67 I 10.40 110.70 Minneapolis Grain. Minneapolis, Jun 29. Flour 36 0 50c lower; family patents, $8.60. Bran $14.00(915.00. Wheat Receipts. 285 ears, compared with 20 cars a year ago; cash No. 1 northern, $1.83 1.43 ; July, $1.28; September, $1.27. . Corn No. 3 yellow, 4748e. Oats No. 3 white, 32e33e. Barley 44 60c. Rye No. 2; $1.11 1.18. Flax No. 1. $1.74 1.76. St. Loul Grain. St. Louis. Jun 29 Wheat July, $1.19 asked: 8eDtembr. 81.10 hirt Corn July, 66c bid; September, SOe UiU. Oat July. 35c: September, 37 o bid. Kama City Grain. cltT- Jun 29. Wheat July $1.14; September, 31.15. Corn July. 62c; September. 66 c liberty Bond Price. New York. June li .t.iww - noon: $. 86.90: first in t? oi ki. .... ond 4a, 66.73: first 4Us. 87.40: .J4.';."; tnlrl. Hs. 96.92: fourth 4s, 86.84: Victor Ui. St.. mi, vi... 4s, 98.43. " Liberty bonds clnseif 111, ss an. "7.20. bid; second 4s. 86.66; first 4a 87.20; second 4s, 86.72; third 4s, 90.72 fourth 44 S 8S.8J; victory 3s, 98.44; Vic tory 4s, 32.46. 6 .880: Pairs of White Poplin U And Han vac jul a as a w ss For Men, Ladies, Misses and Boys Consisting of Shoes, Oxfords, Slippers and Pumps : (Made bj the U. S. Rubber Co., Regent Brand) At an Unheard-of Price Different Styles, Finest Materials, Values Up to $5.50 On Sale Thursday at 9 A. M, . a Pair a Pair 1 -V -Y''. U a Pair a Pair "N, a Pair An opportunity that come but once, these values demand your immediate attention No C. O. D.'t no telephone orders ne excbanfot-e.il sale fine! CompleteSai for your 1 July Funds PETERS TRUST First Mortgage Farm Loans made on pre-war valua tions offer complete safety for your funds. Ask for detailed offer-' ings. 7 Interest Tax Fremiti Nebrc v Amounts $100 Peters TkusT Cow Peters National "Taraam atyeventeentb 2jj- e r m. S9ag Z4tlll indUMs. South Orrmhs lh fo GrM Trading StampiThey Are Given With Each Purchase. Se rvtce o o o in the careful handling of all orders for grain and provisions for future delivery in all the important markets. We Operate Offices at- Omaha, Nebraska Lincoln, Nebraska Hastings, Nebraska Holdrege, Nebraska Geneva, Nebraska . Chicago, Illinois Sioust City, Iowa Des Moines, Iowa Hamburg, Iowa , Milwaukee, Wisconsin , Kansas City, Missouri Private wire connections to I all offices except Kansas City, We Solicit Your Consignments j of All Kinds of Grain to OMAHA. CHICAGO, MILWAUKEE, fr KANSAS CITY AvrfQux cnrY Every Car Receives Carefuls,r.on Attention The Updike Giain Company ..;, "The Reltahleomignmcnt House Q V ; ; Lfl jgy... f ' i if -Tj , jj, ; jag, L
