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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Aug. 4, 1921)
THE BEE: OMAHA, THURSDAY, AUGUST 1, 1021. 11 Value Of Estate Of E.C. Benedict Set at $6,000,000 Wealth of Late Commodore of Interest Because of His Intimate Association With Cleveland. By HOLLAND. Commodore E. C Benedict accu mulated, according to the estimate commonly held, about $10,000,000. This estimate, like others which have been recently made, is somewhat out of the way. The executors and trustees have reported to the probate court at Greenwich, Conn., which h was Commodore Benedict's legal residence, that they have inventoried .1,. at nearlv $6,000,000. Of $4.- 000,000 less than the estimate com monly held. , The wealth accumulated by Com modore Benedict might not have been of more than local interest had he not been identified with several matters which brought to him notor iety of an honorable kind. He was perhaps the most intimate friend of that somewhat small number who were close personal friends of Presi dent Cleveland. The relation be tween Cleveland and the commodore was probably as intimate as it is pos sible for two men, whose careers dif fered so widely, to be. It was based upon congenial temperament and up on their common love of the sea and of fishing in it. They were also very fond of the game of cribbage. Hlnlster Reportss I'nfoundrd At one time milliter reporta of pecun iary favors ahown to Cleveland by the comniut!ore were In circulation. But In all tli"lr close personal relatione there never appeared anything like business or stock market auggeatlons. It ai re ' ported at one time that Commodore Bene dict, having In some way gained early knowledge of the communication Presl dent Cleveland wa to malic, which has become historic aa "the Venesula mea- eage," waa anie tnen-Dy o i-ue iuvnii of thla Information and in i hat way gain large proflta in atock market transactiona. Not a word of truth was in thla report Commodore Denedict and nlro Jamea R. Keene reallsod aa aoon aa the message waa published what the Immediate effect of It would be In the mr.rkct and sold stocks heavily. Others followed their example, although very likely none of them made as much money aa did Keene and the commodore. Commodore's Yacht, Cleveland. In all the years when hla relations with Commodore lienedlct were so close, was more or leas pecuniarily em barrassed. He was compelled to accept offers for articles to be contributed by him to various publications. He was not relieved of hla embarrassment until he was chosen arbitrator tor some of the In surance companies at a salary aald to have been 315.000. Meanwhile Commodore Benedict was adding to the wealth which. In addition to the business carried on by Ms banking house, waa Increased by apeedy and profitable development of na tural gas properties In the mlddlcwest. He was gaining In wealth while his most Intimate friend was laboring in order to secure a reasonable Income. That fact alone la sufficient to prove the perfectly honorable and delicately handled Intimacy which characterized Cleveland and the commodore. There was, however, one association be tween them which become a sensational tonic throughout the United States. For It was upon the rnmmndoro's yacht. the Oneida, that the operation upon Cleveland's jaw was performed, a delicate and almost heroic op.Tation. It was recently diB rrlbed by Dr. W. W. Keen of Philadelphia, who reaffirmed the operation while the One'da wan slowly flontlng baric and fourth upon a minor like sea fur out of sight of land. Valued nt fm.OOO. This plenrure yacht, the Oneida, made mny excursions, pome as far south as South America -and up some of the rlv Vra of hat continent. Commodore Bene dict always took a congenial company when making his periodic aea trips upon theOntda. Pome of the experiences met with wefe eenea'lonal and were widely reported. The Oneida ia Inventoried by the executor ef the Benedict estate at J1P3 ncn. Among the Items In the Inventory of the commodore's estate la the valuation r.f nearly ll.GOO.ono upon the building and grounds at Indian Harbor, Green wich, of which the commodore waa the owner. This place Is one of the show plsces along the north shore of Long Inland sound. It Is often referred to as proof of the unusual judgment of real estate values which characterized Wil liam M. Tweed. He caused the plot of ground to be purchased and a building erected on It for the summer home of the Tammany society. lie was very fond of the location, often saying that it surpassed any other for beauty and for vista of the sea to be found any where along the northern coast of Ixmg Island sound. But it did not represent an investment of more than 1100.000. It and some adjoining lands were bought by Commodore Benedict 25 years ago. He spent a good deal of money In im provements and In construction of his home. Now the executors report that Its value la 11,440.000. THE GUMPS THAT LETTER FROM HOME Drawn for The Bee by Sidney Smith. Copyright 1021 Chicago Tribune Companj I CArTT GET OWR. "THrS LETTER- FROrA TWvT Wre 0 MNS- cant vHtEfcrrAND vt- the v.tof WEM MA. IMS lAVGH- TMVT THIS "S VJHAT (jVTS ME- TWERt jJAS ONX "TUUOW TUER. WHO WfcS AU. EVENING- - I'LL fcVT I CAM DESCRIBE WATT QNT V AROROBE AND EVtSXTMlNCr - ffntM iti TtTt.CMwr.Cite, tn ONE RlTSiNLS SVIT"- SXAQ8X- LITTLE SLUE COAT WTH A BF,LT iN THE. BACK- A VAIR OF WHITE ElANNEL TROUSERS - BEEN CUEKMt SO OFTEN TYT V00K AS THOUGH THEY WERE. MAt AT YUS HOE- ONE TAft OF CANVAS SX0ES eVNl "SOKE VvUVTE CALOMWJE- ONE V IK 5N1kT 'STAPES Z IMCHES VNlfcER- THAN An annninCc .HI 'uJS Hi SWT REvJEfcSMJlX COLLAR IZET ONE -fSANW HAT S7E $2 A LINE second han vmipevw-le 6(k$ anj joe mieus- Joke Book- AnS "Sme. LAOWE HERSELF ICK- H0ULt TVN HE. N0UU- Market, Financial and Industrial News of the Day Live Stock Receipts were: Official Monday 13.103 Ofllclal Tuesday ... 4.851 Kstimate Wednesday 6.300 Three days this wk..i:i.!l Same last week IS, $48 Same two wks. ago. .18.HH Same 8 wks. ago.. 15,424 Same tear ago .... 16.082 Omaha, Aug. 3. Cattle Hoga Hheep ,323 10.600 22.802 21.178 43,110 2S.938 27,074 26,311 111. 434 0.500 52.245 80,722 47,038 30,143 63,038 Omaha Grain J Chicago Grain 1 1 1 New York Quotations j Financial 42 46 3 36 26 13 44 17 1 i 1 2 46 8 48 15 1 10 6 2 1 34. . 3G2 156 2 HEAD. 1105 150 .1298 357 , 080 , 832 10 76 1608 903 005 1506 2052 1438 60 2720 24SS 1204 4082 Receipts and disposition of live stock at tne Union stocK yards, Omaha, fJeb., lot 24 hours, ending at 3 p. m., Wednes day, August 3, 1021: RECEIPTS CARS. C, M. & St. I Ky 6 .. .. Wabash R. It 2 Missouri Pacific By.... Union Pacific R. R C. A N. W. Ry., east. C. A N. W. Ky., west., C, St. P., M. & O. Ky., 0 B. & Q. Ry., east... C, H. Q. Ry., west.., c, k. i. & i',, east..., C. R. I. A P., west Illinois Central Ry C, O. W. Ry Total receipts mSPOSITION- Armour Co Cudahy Packing Co Hold Packing Co Morris Packing Co Swift & Co J. W. Murphy Swart A Co Lincoln Packing Co Wilson Packing Co HlBsins Packing Co.... Maycrowich t Vail Midwest Packing Co.... Omaha Packing Co...... John Roth & Sons J. H. Bulla W. H. Cheek K. O. Christie & Son... Kills & Co John Harvey T. J. Inghram F. U. Kellogg Joel Lundgren J. H. Lawrence V. V. Lewis Smiley L. Mc Adams J. II. Root Co P.owenstock Bros Sullivan Hros Roehschlld Werthelnier & Degen.... cither buyers Ogden Allied St. Clair ; 3 10 61 34 42 571 3 132 121 7 31 62 21 105 1 18 47 194 622 59 130 230 6002 Total 6001 10780 10575 Kansas City Live Stock. Kansas City. Aug. 3. (V. S. Bureau of Markets.) Cattle Receipts. 10,000 head; market for beef steers and yearlings. mostly steady to strong, spots unevenly rifiTn: tnn steer nml Hmnt veartlnff .ISflS rAVAa SU AO. tat ah .Inrlr mostly steady: some sales strong; bulk cows, $4.0Oi$5.0O; few choice around $5.60; grass heifers,' I5.50OS.60: canners and bulls, steady: bulk canners. t2 25 fit 2. SO ; most bulla, $4.40; calves, weak to lower, best vsalers, $8.00; practical top, $7.50; many calvea at $5.506.50: stockers and feeders, steady to strong; Texss stockers, $6.35; choice 1. 176-11). feeders. $7.50. Hogs Receipts, 8,000 head; market elow; shipper and packera taking about one-half of the receipts, steady to 15o lower, mostly 10015c lower: 188-lb. hoga, $11.25; later trades look sbout 25c lower, with few bids averaging $11.00: .bulk of sales, $10.2r11.00; parking sows, -V7o lower: stock ptgs, steady; bulk of re ceipts southwest selling at $10.26; packer top. $11.05: top pigs. $10.50. Sheep Recnlpts, 4.000 head: market for sheep strong: best light ewes, $5.10: lambs, fully Sic higher; one deck choice natives, $10.00: bulk of sales. $0.2589.75. Chicago l ive Stock. Chicago. Aug. 3. Cattle Receipts. 8,000 head; better grades beef steers, strong to loc higher; other grades and classes stesdv; top vearllngs. $10.15; bulk beef steers. $7.009.50; bulk fat ens-stock, $4.609fi.75; canners and cutters, largely $2,6043.50: bulls, $4.605.75; bulk veal calves, $9 9. 50; stockers and feeders, ac tive. Hogs Receipts, 13.000 head: opened steady to strong on common grades; others slow, mostly 104?15o lower, closing weak and 108t 25c lower: hold-over, liberal; top, $11.25 o ie lnarl; practical ton late. Sll.r.0: bulk light and light butchers. $11.10i 11.45: bulk packing aows. 9.S0 "a 9.90 : pigs, 10615c lower; bulk desirable, $10.50v 11.00. Sheep and Lambs Receipts, 10.000 head; fat lambs, strong to 2ic higher; sheep, weak to 25c lower; feeders, steady; native lamb top butchers. $10.50: packers top. $10.10; bulk. 3l.6010.O0; ldnho ami "Washington lambs. $10.50; Montana wethers, f 3. SO ft 5.60: bulk nstive fat ewes, $404.76; tew heads, 35; good feeders, $7.0. Slou City Live Stock. Sioux City, Aug. 3. Cattle Receipts. 2 500 head: market, steady to strong; beef steers, $6.60.00; fed yearlings. $s.$0610.00; grass steers. $6.006r7.00; fat cows and heifers, $4.008.0: canners, fl. 3004.00; veals, $4.00ff8.60; grass cows, 33.50W6.50; calves, $3.S06.50; feeding cows and heifers. $2.305.00; stockers and feeders. $4.007.00. Hogs Receipts. 1.200 head: market, steady. !6c lower: light. $io.!0iio.so; mlied. $.6010.26: heavy. $8.109.15; bulk of sales. $0.75 Q 10.26. Sheep Receipts, 600 head; market, steady. St. Joseph Ure Stock. ' - St. Joseph. Aug. i. Cattle Reoelpts, ' 3 000 head; steady to 25o lower; steers. $0.006 9 40; rows and htifers, $4.2533.00; calvea, 35.00W7.60. Hogs Receipts. 3.000 head: 1025c lower: ton. 3tLlO: bulk. S3.75ffll.10. Sheep Re":s. !,60ft heart: steady Cattle A good riied Wednesday supply of cattle showed up around 6,300 head. Corn fed beeves made up close to half of the receipts and trade on them was slow and steady to mostly 1015fl lower prices. Best yearlings again brought 310.00. Cowa were In liberal supply and sold fully 25c lower. Not many western beeves were received and the market for them was slow and prices were Just about, steady. Stockers and feeders were in good demand at steady to in some cases stronger prices. Quotations on Cattle Choice to prime beeves. 39 .60010. 00; good to choice beeves, 3H.759 25; fair to good beeves, 38.36 3.75; common to fair beeves, 37.76ff.25: choice to prime yearlings, 39.0010.00. good to choice yearlings, .OOHJO.SO; fair to good yearlings, 3S.50fi'9,0ll; common to fair yearlings, $7.50tP8.50; good to choice grass beeves, $ii.7577.(;0: fair to good grass beeves. $5.75J6.(0; common to fair grass beeves, $4 50 5.60; Mexican beeves, $4.60f6.0O, choice grass heifers, $S.S0g 7.00; fair to good grass heifers, $6.60 0.50; good to choice grass cows, $5.40 8.00; fair to good grass cows, $4.2505.25; common to fair grass cows, 12.004.00; good to choice feeders. $6.76g7.76; fair to good feeders, 15.76 j 0.76 ; common to fair feeders, $R.00$.75; good to choice stockers. $0.25i)7.00; fair to good stock ers. $5.r.0fS)26; common to fair stock ers, $4.50i5.50; stock cows, $2.754.00: stock heifers, $4.00 3.50; stock calves, $4.607.25; veal calves, $4.00.00; bulls, stags, etc., $3.50i4ftO. BEEF STEERS, it.. 20. , 19., 20., 25., 50.. 88., 51., No. 22.. 33.. 13., 330 197 A v. 730 868 E. . 14.. 7. . ..2 14.. 891 8 60 18 1820 1229 9 00 21 1101 1200 $ 15 62 10S8 1252 9 30 33 1167 .... 812 40 21 U5S 972 $ 60 26 .... 170 10 85 4i3 .... 203 11 00 YEARLINGS. Av. Pr. No. .... 680 8 35 13 769 9 35 23 .... 855 10 00 COWS. 4 75 10 00 HEIFERS. 4 0 7 635 shrdl cmfwy vbgkq 14 14 . . 767 7 00 2 72$ STOCKERS AND FEEDERS. 825 6 40 21 773 6 75 BULLS. 7 00 CALVES. 5 00 3 C20 6 00 1 300 7 00 WESTERN CATTLE. NEBRASKA 8 85 $ 10 3 29 3 39 9 45 70 10 30 Pr. 3 60 8 40 ..1102 .. 870 750 1012 i 36 6 70 K 00 580 730 120 110 180 14 c&h 13 sb 19 hfrs 11 Mrs 12 fdrs 300 400 780 781 683 11 cows 1006 5 75 6 00 6 75 8 00 6 50 4 50 14 hfrs 704 hfra 757 7 fdrs 785 7 civs 307 15 cows 1016 70 6 75 t 50 5 00 4 60 e 40 00 5 75 Hogs About 10,300 hogs were received for today's trade and packers put up fair sized killing droves during early rounds at prices little different from those paid yesterday. Trade as a whole was gener ally steady with a little weskness shown toward the close. A few sales of heavy and heavy mixed hops were reported late at figures about 1015o lower. Best light Iioks made a top of $11.00 and bulk of the recelpta sold at a scattered spread o'. $0.25610.50. HOOS. Sh. Xo. Av. 27. .39S 67. .299 44. .305 G6. .265 71. .272 63. .253 Si: . .312 71. .240 53. .297 103.251 07. .193 Sheep With 70 'so 190 'so 40 40 Pr. 9 15 9 SO 9 40 9 55 3 65 85 10 00 10 15 10 25 10 60 10 SO 9.500 NO. Av. 13. .326 S3. . r. 1 3 5S..303 IW..279 70. .240 74. .227 02. .276 59. .300 34. .180 68. .206 Pr. 9 25 9 35 9 50 9 60 9 75 9 90 10 10 10 20 10 6(1 10 75 sbeep and lambs I5c $4.00 & 5.00. to ewes. Chicago Produce. ChirsRi. Aug. 'A. "Butter No session. Kggs No session; receipts. 10.080 t-ac. Vuultry Alive, unchanged, h... i.i, fat lambs soli! at prices steady . nvn... 'ir. kirhor nnl other classes Of 1 stock were quotably steady. Best fat lambs were quutert at siu.ou m. " other sales of western were made at $9.75Jf9 85. Fat ewes sold up to $a.lo and some aged wethers were reported at $6.00. Quite a few feeder buyers were In attendance today and th trade was more active at strong figures, with best feed ing lamba quoted up to $7.607.75. Feeder ewes, $3. 50 ST 3.35. Quotations" on Sheep Fat lambs, west erns. $0.25 10.25; fat lambs, natives. $.509.25; feeder lambs, $6.757.7$: cull lamba, $6.00M.60: fat yearlings. $5.5086.75; fat ewes, $.1.255.10; feeder ewea, $2.25 & 3.35: cull ewes, $1.502.50. FAT LAMBS. No. A v. Pr. No. Av. Pr. ISO Ida. .75 3 90 .:s Nev..8 9 75 943 Ida. .65 9 95 (1: Ida. .74 10 10 447 Ida. .71 9 60 741 Ida. .73 10 00 497 Ida.. 71 9 75 721 Ida,.. 85 10 15 FEEDER LAMBS. 210 Ida. .73 7 60 lis Ner..36 7 0 163 Ida.. 53 7 40 lis Nev.,58 3 $0 70 Ida. .60 7 30 134 Wyo..49 6 50 318 Ida. .64 7 20 3:1 Ida. .63 7 35 450 Nev..67 3" 9 V1T PUTS 101 fed.. 117 S 10 Linseed 4)11. luilutb. Aug. 3. Linbvtd on arrive, $2.07. truck and Omaha, Aug. 3. By CHARLES D. MICHAELS 1 Wheat receipts today were liberal, CHUago Trlbunc-Om.ilm Bcj Leased Wire. but lighter than the average recent-! Chicago, Aug. o. 1 he eftect ot. ly, and arrivals were 170 cars against' hedges being placed on the market' 286 cars a week ago and 91 cars a and those put on some lime ag0 f altT' Ohio': 60 cars and oats 17. Wheat prices I ?iJPCdls ' " c.Kl.. were 1 to 2 cents lower for the bulk. The bulk of the dark wheat sold at a greater decline. Corn was of half a cent to 1 cent. Oats were about unchanged. Rye and barley were lower. WHEAT. No. 1 hard: 4 cars, $119 (dark); 1 car, $1.17 (dark smutty); 3 cars, $1.14; 1 car, $1.14 (amutty); 4 cars, $1.13; 1 car, $1.12 (smutty); 2 cara, $1.12 (yellow). No. 2 hard: 3 cara, $1.20 (dark); 2 cars, $1.13 (dark); 1 car. $1.18 (dark); 1 car. $1.17 (daik amutty): 3 cars, $1.16 (dark smutty); 2 cars, $1.13 (dark smutty); 1 car, $1.16 (77 per cent dark); 1 car, $1.15; 10 cars. $1.14 (dark smutty); 1 car, $1.14 (70 per cent dark); 1 car, $1.14 (smutty); 3 cara, $1.13 ismutty); 8 cars, $1.12 V, (smutty); 6 cars. $1.12; 1 car, $1.12 (69.8 lba); 1 car, $1.12 (smutty); 3 cars. $1.11; 1 car, $1.11 (smutty); 41 cars, $1.11 (yellow); car, $110 (very amutty); 'h car, $1.10 (yellow). No. 3 hard: 1 ear, 31.11 (dark); 2 cars. $1.16 (dark smutty); 4 cars, $1.14 (dark smutty); 3 cars, $1.13 (dark smutty); 1 car, $1.UH (smutty); 13 cars, $1.10 (yel low). . No. 4 hard: 1 car, $1.18 (dark smutty); 1 car, $1.11 (heevy); 2 carB, $1.10; 4 cara, $1.09 (yellow). . No. 6 hard: 1 car, $1.12 (1.6 per cent heat damaged amutty): 1 car, ji.ii (smutty). Sample hard: 1 car, $1.10; 1 car, $1.08 (yellow): 1 car, $1.05 (heating.) No. 4 spring: 1 car, $1.10 (northern); 4-5 car, $1.03 (dark northern); 1 car, $1.08 (northers.) No. 4 mixed: 1 car, $1.03. Snmple mixed: 1 oar, $110; 1 car, $1.07 (smutty) Range of prices ot the leading stocks furnished by Logan & Bryan, Peters Trust building: RAILS. CORN. No. 1 white: 6 cars, 48c; 2 cars, 48c (shippers' weights); V car, 47 c. No. 2 white: 3 cars, 48c; 1 car, 48c (shippers' weights). No. 6 white: 1 car. 47c. No. 1 yellow: 4 cars, 49c. No. 2 yellow; h car, 480. No. 6 yellow: 1 car, 47c (sour, shippers weights). No. 1 mixed: 1 car, tftc (near wnuej ; 7 cars, 46c. No. 2 mixed: 1 car, 46ftc (special Din ing); 1 car, 45HC , , No. 3 mixed: 1 car, 4tc (special Dining; OATS. No. 3 white: 2 cara, 33c; 1 car, 31 c; 1 car, 31c. No. 4 white: 1 car, aic; i car, auc (new); 3 cara, 29c; 1 car. 29c (new). Sample white: 1 car. 29c. RYE. No. 2: V, car. $1.00; 2-5 car, $1.00. BARLEY. No. 4: 1 car, 50c. OMAHA RECEIPTS AND SHIPMENTS. Week Year 1,867,000 567.000 806,000 902,000 364,000 331,000 Receipts Today Ago Ago Wheat 170 286 91 Com 60 42 14 Oata IT 22 12 Rve 3Yi Barley 2 11 Shipments- Wheat 2'3 120 7 J Corn 3 7 ii n Oata ... 9 3 Rye 1 3 Barley t 1 PRIMART RECEIPTS AND SHIPMENTS. Receipts Today. lear Ago, Wheat 2,869,000 Corn 625.000 Oats 2,224,000 Shipments Wheat 1,308,000 Corn 424,000 Oats 616,000 EXPORT CLEARANCES. Today. Year Ago. Wheat 847,000 ' 978,000 CHICAGO CAR LOT RECEIPTS. Week Year Today Ago Ago Wheat 359 770 223 Corn 12 21 " Oats 337 355 70 KANSAS CITY CAR LOT RECEIPTS. Week Year Today Ago Ago Wheat 405 506 216 Corn 13 12 7 Oats 47 8 U ST. LOUIS CAR LOT RECEIPTS. Week Year Today Ago Ago Wheat 200 349 470 Corn 85 90 60 Oats 32 63 77 NORTHWESTERN CAR LOT RECEIPTS OF WHEAT. Today Minneapolis 277 Duluth 189 Winnipeg 130- Week Ago 203 197 63 Year Ago Ml 121 229 CHICAGO CLOSING PRICES. By Updike Grain Co. OO. 2627. Aug. 3. Art. I Open. High.l Low. Close. Yest Wht. Sep. 1.25U 1.25 1.23 1.23H 1.26 1.24H 1.23 1254 Dec. 1.2 1.23 1.26 1.26H 1.23 1.23 1.28 Rye Sep. 1.13 1.13 LIS 1.12H 1.13 Dec. 1.12 1.13 1.10 1.10 1.12 Corn I Sep. .59 .69 H .68 .68 .69 Dec. .69 .60 .69 .69 .69 .59 69 Oata Sep. .38 .33 .33 .38 .38 i .3R 3H Dec. .41 .41 .41 .41 .41 Pork Sep. 18.85 18.85 118.85 18.85 18.85 Lard I Sep. 12.20 12.20 (12.10 (12.17 12.22 Oct. 112.27 12.30 112.25 113.30 1 3.30 Julv 110.37 110.40 I10.3O 110.35 110.37 Sep!" 110.75 Il0 75 110.65 110.65 Oct. 110.62 110.62 110.62 10.62 I 10.77 10.70 Minneapolis Grata. Minneapolis. Aug. 3. Flour Unchanged. Bran 315.00. Wheat Receipts. 277 cara; compared with. 1G1 cara a year ago; cash, wheat No. 1 northern. $1.9 1.43 ; Septem ber. $1.291, ; December, $1.3.9. Corn No. 3 yellow, 5263c. Oats No. 3 white, 31'3:c. Barley 40Oc. Rye No. 2. $1.05 1.A6',4- Flax No. 1, $2.0102.03. Kansas t'lty Grain. Kansas City. Aug. 3. Wheat Septem ber. $1.13: December. $1.16. Corn September, 4 7 Tic; December, 50c Omaha nay Market I'pland Prairie Hay No. 1, $10,600 11.60; No. 2. $$.6009.60; No. 3. $7.0O( 8.00. Midland Prairie Hay No. 1, $10.00 11.00; No. 2. $7.S09.0O; No. 3, $4.50(97.50. Lowland Prairie Hay No. 1, $7.608.(0; No t. $$..$061.60. Alfalfa Choice, $17.00013.00; No. 1, I15.00W14.60: standard. S13.OO014.OO; No. 2. 38.00011.00; No. 3. 37.0008.00. Straw Oats, 38.0009.00. Straw Wheat. 17.008.00. Chicago Potatoes. Chicago. Aug. 3. Potatoes Weak Tor barrels, others firm; receipts, 62 cars; Jersey cobblers, $3.eo3.25 cwt.: Nehrr." ka. 32.264313.10 cwt.; MlrKourl. 11,71' 1..1S ctft.; Kaw Valley, $1.10G l.M ewt.; judging from the action of grain prices which were higher early in the day and closed lower, with net losses of 1 7-8c on wheat, S-8c on corn and l-8c to l-4c on oats. Exporters and millers were less r.nxious for wheat and while, sales by the country and receipts were much smaller than a week ago, the three southwestern markets hav ing 729 cars against 1,404 cars a week ago, there was weakness and i to 5 cents decline in southwest ern cash markets. There appeared to be little more wheat offered than the trade was disposed to take and while the exporters only bought 100,000 bueshels, it was intimated by operators that the foreigners would be in the market again short lv. A decrease in supplies of ocean passage to Europe was without ef fect, as was also all other bullish factors. Buying orders for Septem ber appeared around $1.25 and gave the market strength at times, but the finish was at the inside at $1 2.5'4 to $1.23 Vt with December at 3c rrcmmni. Derrea In Receipts. A decrease of nearly 1,000.000 bushels In the primary receipts, as compared with a week ai-'o, and a total movement of 2.8G9.000 bushels Induced considerable friendly comment and the trade was in a mood to buy had thero been any en couragement from the outside. Export clearances were 847,000 bushels. Crop reports from Canada were bullish, with the yield of the three western prov inces estimated at 240,000,000 to 246, 000,000 bushels. Harvesting is on there. A good feature for the Chicago market wait the shipment of 1,160,000 bushels Tuesday, which will assist In clearing the congestion on track. Although the greater pert of the corn belt had good rains In the past few days which, with cooler weather, has checked crop deterioration, the government week ly reports said more rain is needed In corn sections. In Iowa, the bulletin said, the rain camo too late over the drouth-stricken sections of north central, central and eastern districts, but further damage would be averted. The trade was moderately bearish and even reports late In the day of 1,600,000 bushels being sold for export had little effect. Prices at their best were c over the Tuesday's finish, with a break of 1 cent and a small rally on profit taking by prevloua sellers and holders of bids. Oata Market Inactive. Aside from the hedging Bales and chang ing of hedges from September to De cember at 3Vc difference, there was little In the cats market speculatively. Changers found it difficult to execute orders, owing to the small outside trade. The finish was at the bottom with a small loss. Low prices are not attract ing buyers of futures, but cash trade was fair with 383.000 bushels sold to the east and 24,000 bushels Canadian taken for export at the seaboard. Rye was slow and easy, with Increased prsssure on December, which lost 2c. No. 2 -was taken at lc under September. Lard was actively traded in by a few Interests, with large buying of Septem ber early and 1,000,000 pounds were taken by one packer, mainly in one lot at the last. Pit Notes. A large majority of the traders are friendly to the buying side of wheat, but do not expert an advance at present. Later In the season after there Is a closer adjustment of supplies to requirements in this country and abroad, they look for higher prices. In the interim they ex pect to see a moderate decline. One thing that Is commented on by sharp observers is that there are too many bulls for the market to do better, also too little outside trade for a good advance while the movement la on. It will be no surprise to a few close ob servers who have been bullish, to see liquidation and lower prices for the pres ent. Exporters are not enthusiastic and buy sparingly, but their purchases of cash and futures i3 not equal to the primary arrivals. A good part of the arrivals lately have been applied on sales for July shipment and have not come on the open market, but have been hedged against by sales of futures. A feature in corn was the widening of the premiums for cash as compared with September, while in oats the trade is too light to be commented on. Seaboard houses bought a large amount of Sep tember to exchange for cash grain. While the 1,500,000 bushels export sales at the seaboard looked large, they covered bus iness done three dnys ago and not re ported. The trade is bearish. Export demand for wheat at the sea board was slow, with only 100,000 bushels reported as sold. Corn sales. Including 300,000 bushels Monday and Tuesday, not previously reported, were 1,600,000 bushels, rye 48,000 bushels and Canadian oats 21,000 bushels. Chicago handlers sold 60.000 bushels wheat and 290,000 bush els corn to the seaboard with charters for 800,000 bushels corn at l34c to Buf falo. Local Industries were good buyers of cash corn, paying Hie over for mixed and 2c over for No. 2 yellow and white, but later shippers nnd elevator interests competed for the offerings and advanced the basis c to 2 He over Sotepmber at the last for yyllow and white. Sample values were unchanged to He lower. Re ceipts, 85 cars. High. . 87 . 40 t anaaian Pacific. 116 N. Y. Central.... 73 Ches. & Ohio 67 Erie R. R 14 (!t. Northern, pfd. 77' Chi. Gt. Western. 8 Illinois Central... 96 Mo., Kan. & Tex. 2'i Kan. City 8outh. 26'4 Miss. Pacific ... 21 . i., . m. ft a. 17 ino. raciric Ky... Chi. & N. W Penn. R. R Reading Co C, R. I. & p South. Pacific Co. southern Ry. Chi., Mil. & Bt P. 28 uiiiun x'acma ...123 Wabash 8 Tues. .80 09 39 71 34 79 7, 21 Low. Close. Close 861 86 14 87 39 39 40'i 114 116 114 72 72 73 57 67 68 14 14 lt 75 76 76 7 7 8 90 96 98 2 2 .... 26 26 26 21 21 21 17 17 17 78 73 80 67 68 69 38 38 39 70 70 71 33 33 84 78 78 80 20 20 21 28 28 28 121 122 122 Am. Car & Allls-Chalmers Am. Loco. Co. . . I'td. Alloy Stl Ilaldwln Loco. . . Leth. Stl. Corp... Colo. Fuel-Iron . Crucible Stl. Co.. Am. Stl. Fdrles.. Lackawanna Stl. Mldvale Stl.-Ord. Pressed Stl. Car. Rep. Iron-Stl. ... Ry. Stl. Spring.. Kioss-Shef. Stl. . . U S. Steel STEEL. Fdry.125 124 125 126 85 25 80 62 67 26 .19 25 61 49 80 83 25 78 61 32 84 25 78 61 6G 56 26 20 39 39 24 60 47 80 21 60 47 SO 70 75 75 COPPERb. 83 79U 62 22 67 25 39 24 61 40 80 35 76 37 13 10 33 19 21 10 12 48 37 37j 13 10 33 19 21 10 12 48 SO 22 33 49 37 37 io 3.1 10 21 43 22 84 40 19 Anaconda Cop. ... 37 Am. Smlt.-Rfg. .. 37 Butte & Sup. Min. 13 Chile Copper Co... 10 Insp. Cons. Cop... 83 Kennecott Cop. .. 19 Miami Cop. Co 21 Nev. Cons. Cop.... 10 Rny Cons. Cop. ... 12 Utah Cop. Co 48 INDUSTRIALS. Am. Beet Sug. ... 31 30 A. Q. A W. I. S. S. 23 22 Am. Int. Corp. ... 36 33 Am. Sum. Tob. .. 60 49 Am. Cot. Oil Co Am. Tel. & T 105 J06 105 105 Am. Agr. pro. at tift 34 noscn .Magneto .. 30 Continental Can.. 40 Am. Can Co 28 Chandler Mot Car 48 Cen. Leather Co. 35 Cuba Cane S'r Co 11 CaU Packing Corp 61 Cal. Pet. Corp... 35 Corn Pr. Rfg. Co. 69 Nat. En. & Stamp 48 Fisk Rubber Co.. 9 Gen. Electric. Co. 119 Gt. Northern Ore. 28 f!en. Motors Co.. 10 324 73 58 51 14 54 3 30 46 2 47 83 11 69 35 68 48 8 116 118 118 30 40 27 40 34 11 61 35 68 48 9 30 27 47 34 11 58 69" '934 28 1" 32 72 67 50 14 52 JS 10 32 73 38 50& 14 52 2 28 10 33 72 67 51 14 Goodrich Co. Int. Harvester Haskell & Br Car U. S. Ind. Al. Co., Int. Nickel Int. Paper Co.... iBland Oil 3 2A 2 3 Ajax Rubber Co 23 Kelly-Spring. Tire 43 42 42 43 Keystone T. & R. 14 13 14 13 Mex. Petroleum. . .110 106 107 109 Middle States Oil. 12 11 12 11 Pure Oil Co 27 20 26 20 Willys-Overland .. 6 6 0 0, Paclflo Oil 87 36 36 37 Pan-Am. P. & T. . 61 60 60 51 Plerce-Arrow 16 14 16 14Ts Royal Dutch Co.. 62 61 61 61 U. S. Rub. Co 54 53 63 54 Am. Sugar Rfg... 69 65 66 69 Sin. Oil & Rfg 20 20 20 20- Sears-Roebuck Co. 60 5 65 65 Studebaker Corp.. 78 77 7S 77 Tob. Prod. Co 60 68 59 59 Trans-Con. Oil . . . 7 7 7 7 Texas Co 37 U. 8. Fd. Pr. Corp. 18 17 17 18 U. S. Smt., Rfg.. 30 30 30 The White Motor.. 32 32 32 .... West. Airbrake .. 90 90 90 West. El. & Mfg. 43 43 43 43 Am. Woolen Co... 71 69 69 71 Total sales. 538. S00. Money Close, 6 per cent; Tuesday close, 5 per cent. Sterling Close, $3.56; Tuesday close, $3.56. New York Produce. New York. Aug. 3. Butter Firm creamery, higher than extras, 45(g46c; creamery, extras, 4445c; creamery, firsts, 39440. Eggs Firm; fresh gathered, extra firsts, 3941c; fresh gathered f lists, 354? 37c. Poultry Live, easier; broilers, 2038c; fowls, 2730c: dressed, steady; western chickens, boxes, 2660c; old roosters. 20 4f26o. By ALEXANDER DANA NOYES Chicago Trlliiine-Omuliil Itee Leased Wire. New York, Aug. 3. Although the money market remained in a dis tinctly easy condition today, prices on the stocks, as a rule, went frac tionally lower. The decline did not occur until after another substan tial advance of both railways and industrials. The later reaction was sales by professional speculators who bought stock a week or more ago and who were now disposed to test the staying power of the market. Business was well distrib uted throughout tlie day, with es pecially active trading in railway shares. In other markets there were some movements of special interests. The investment bond market, as a whole was a somewhat more irregular than of late, but Victory 4s of 1923 went above the previous highest price of 1921, reaching a price not touched since the middle of Janu ary 1920. The cotton market re sumed the advance which was inter rupted by today's skepticism over the government crop estimate of Mo; .ay. South Ilcnvy Seller. It is not without interest to observe that each successive recovi.y in that "southern selling." The south, with Its "southern aelllng." The south, with It's mass of unsold cotton and its long list of unpaid debts is necessarily a seller at each inviting opportunity; the real ques tion of the cotton market is how readily and how rapidly Its sales will be absorbed by buyers who see ahead of them a pos sible readjustment of actual supplies and trade demand. Today's report of the country's Iron production In July emphasizes in a rather extraordinary way, the condition of that Industry. The output, as compiled by the Iron Age, shows a decrease of no less than 20 per cent as compared with June; it was lower by 4 per cent even than in January, and nearly 74 per cent below October, the best month of last autumn. Such a fall in the rate of production in so short a period is quite unprecedented. The immediate atter-war reaction brought the Iron output of May, 1919, only 40 per cent below the September maximum of 1918. and the "war panic" rut It down only 35 per cent from the highest record of 1914, that of March, to the worst of the period In the following De cember. The Iron Age points out that last month's Iron production is, in fact, actually the smallest since December of 1003, which was itself a month of pro found depression in the steel trade, fol lowed by suspension of dividends on the steel corporation's common shorts. July Averngo Higher'. In the old days of the Iron Age regime, the policy used to be pursued of lowering prices rapidly until the buyer was at tracted back. Whether that would meet the necessities of the present occasion with foreign trade in its present dis organized condition, is at least debatable. The first of the August compilations of average commodity prices, that of Dun's Review, shows an advance of 2 per cent during Jul, making that the first month since April of laat year In which the average has not gone lower. The comparison by groups of commodities shows that last month's advance was confined to food products. The average price of textiles is hardly changed, while metals and miscellaneous commodities are considerably lower. fc.ven with the increase reckoned for i July, the general average by this calcula tion shows a decline of 37 per cent from the period's high level of May 1. 1920, and indicates that present prices are only 35 per cent above August, 1914. New York Sugar. New York, Aug. 2. The raw sugar mar- RAINBOW OVERALLS World of wear in every pair. Union Made Sold exclusively at PHILIP'S DEPT. STORE 24th and O Streets New York Cotton. New York, Aug. 3. An opening decline In the cotton market today reflected dis appointing Liverpool cables, and sumo eouthern selling. Offerings w.-re com paratively limllJ. however. and after tartlng unchanged to 11 points lower, the market turned firmer on trade buying and covering by Tuesday's sellers, who seemed to be impressed by unfavorable reports from the south. Offerings were light after the first batch of Belling ordera had been executed and the market moved up to 13.00c and 13.54c for December before midday, or about 21 to 28 points higher. The weekly report of the weather bu reau proved more favorable than expected, however, and the market eased off several points from the best early in the noon hour under realizing and soattiring local pressure. Turpentine and Honin. Savannah, la., Aug. 3. Turpentine Ftrm, 54c: sales, 260 bbls.; receipts. 181 bbls.; shipments, 434 bbls.; stock, 9.303 bbls. Rosin Firm: sales. 4H0 casks: receipts, 601 casks; shipments, 4,419 casks; stock, 30.404 casks. Quote: H, $3.15: Ii, $3.35; K, $3 40; T. $3.45; O, II, $3.50; l, $3.70; K. $3.30; M, $3.90; N, $1.1": VT). $4 80; WW, $5.60. London Money. London, Aug. J. Bar Silver 38 d per ounee. Money 3vt pPr ,.prit. HlM-nunt Rtiles Short bills, 4 7-l t"'r cent; three months' bills, 4 1-10 per cent. Specials Big Thursday at Omaha's Fastest Growing Department Store Our big bargains are popular with all our friends, be cause they know the offerings we make are the best possible. Here are a few that will help you, Mrs. Omaha, to provide footwear for yourself and youngsters. In one group you will find 300 pairs of children's sandals and oxfords, just the thing for this time of year. You'll like the quality and price, the kiddies will like the appearance. The regular price of this merchandise is $1.98, d 1 ff SPECIAL THURSDAY J 1 UU Here's a real bunch of bargains 275 pairs of children's shoes, black or tan, button or lace, just what the little boys and girls need. The sizes run from 5 to 7, , t11Q THURSDAY SPECIAL P 1 To go with the shoe bargains, we are offering several dozen pairs of children's hose, 25c values, 1 A THURSDAY SPECIAL, pair 1UC And now for the grown-ups we have 350 pairs of Misses' oxfords, slippers and pumps. A number of the popular finishes are shown, dull kid, some patents, tans and others. The sizes run from 8j to 2, 2lg to 7. This a regular $3.75 value, J 1 AfX THURSDAY SPECIAL J 1 24th and O StS. We Solicit Mail Orders Ask far tytfcrtm Trading Stamp Thar an Clvaa With Each lflffilli'llfllul South Omaha ket was qujei-r loduy, out pi in d were unchanged at S'c for Cubaa .-. I. f., equal to 4.86c for centrifugal, while l'orto Ricos were offered in Increased volume at 4.6o for centrifugal. No siiles were reported. The raw sugar futures inarUnt was firm early, but after showing ad vances of 4 to 8 polntH on active posi tions on covering and commission bouse buying, prices eased off rather bharpiy under selling by trade Interests, prompted by reports of Increased offerinm in tho spot market, with final prices one to six points net lower. Septetnbei closed at 3.28c; licember, 3. 10c; March 2,Mc and liny. 2.830. South Side 27 Diphtheria Cases Reported Morgan Park Pool Ordered Cleaned After Employe Is Strieken Willi Disease. Twcnty-scvcn cases of diphtheria, four of them reported Tuesday, now arc on record in the eily health department. l)r. A. S. Pinto, health comniis .sioner, declared yesterday he had learned, since Mrs. Marie Starr. 3714 V street, and three of her children were reported stricken with diph theria, one of them fatally, that Mrs. Starr had hern employed as clothes checker at the municipal bathini? pool at Morgan park on the South Side. Upon receiving that information, he declared, he instructed children and bathers at the urk be examined by a public nurse and the pool itself be thorouKhly cleansed. This was done last week. Diphtheria 'cases con tinue to be confined to the southwest portion of the South Side. Ncjrro Tailor Is Ordered Held on Assault Charge Isaac G. Miller, negro tailor. WW O street, was ordered held in $1,500 bail for trial in he district court on iharRcs of assault by Judge Wappich in South Side police court yester day. ' ... Miller was arrested on complaint of Mrs. Mattie Tonkins, negro, 5218 fnr : ;uth Thirtv-and-a-half street, and New York Coffee. N'ew Vnrlc Auir. 3. The coffee futures opened at an advance of identified ill COlirt by her two (launbters, "Willie," 15, and joiin- fuur to six points and attive months sold ubout 8 to 12 points higher during thu early trading, on reports that shippers were asking above 8 cents fur Rio 7s In tho cost and freight market. A reaction in Rio exchange on London promoted re alizing en the advance to about 6.84c and 7,35c for December contracts, however, and prices eased off later In the day, with Pecember selling down to 7.18c. The close was net unchanged to 1 point higher. Sales were estimated at 47,000 bags. Closing bids: September, 6.74c; Oc tober, 6.89c; December. 7.18c; January, 7.:tlc; March, 7.04c; May, 7.74c; July, 7.94c. Coffee- Spot waa reported firm with Rio 7h dUDted at 7 V4 7 Vi c ; .Santos 4s ut OH 10 Vic. New York Dried Fruits. tiie," 12. South Side Brevities Aug. New York, ated, quiet. Prunes Steady. Apricots Firm. Peaches Stead y. Raisins Inactive. -Apples irvapor- por Sale At a bargain, -room houaa, all : modern; 3-room house, water and ugnis. fall Market 1072. Toung people of the Holy Ohost parish will give an Ice cream social and dance tonight In the parish hall at rmy-sixin and Q streets. Mrs V. I. Rawllnson of Chicago, who has been visiting with her sister, Mrs. Frank A Agnew. 1201 n street, for some time, returned to her home yesterday. lietortive Potach and his squad of rum hounds made u hurry run to the pop stand of Mike Mlkovich early yesterday nt 6224 South Twenty-eighth street, and found a iiuart f "something." Mike was fined 3100 despite, his protestations in South Aide police court. American Security Co. OMAHA, NEBRASKA Financial Statement July 1, 1921 ASSETS Real Estate and Equities in Real Estate $278,585.03 Real Estate Mortgages 32,044.54 Real Estate Contracts ". 14,732.40 Accounts Receivable 85,448.18 Stocks and Bonds 137,149.86 Office Furniture, Fixtures and Supplies 4,718.63 Bills Receivable 630.54 Loans on American Security Co. Shares 426.24 Cash on Hand and in Banks $2,488.33 U. S. Gov't Bonds.' 3,150.26 5,638.59 Total Acsets $559,373.91 LIABILITIES Capital Stock $171,400.00 Accounts Payablae 138,540.67 Cash Dividends Payable 4,389.89 Bills Payable 204,007.53 Surplus 37,892.28 Undivided Profits 3,143.54 Total Liabilities $559,373.91 We hereby certify that we have audited the books and accounts of the American Security Company for tha six months ending June 30, 1921. All assets and liabilities were carefully examined nnd found to be in accordance with the above statement. Signed this fifteenth day of July, 1921. DWORAK AUDIT COMPANY By (Signed) E. A. Dworak, Certified Public Accountant American Security Co. MEMBER REAL ESTATE BOARD Dodge at 18th Street, Omaha, Neb. G. A. ROHRBOUGH, Pr... C. C. SHIMER, Sec'y Investment!, Real Estate, Rental and Insurance Department Let Us Grain Handle Your Shipments to the Omaha, Chicago, Milwaukee, Kan sas City, Sioux City or any other markets. We Specialize In the careful handling of all orders for grain and provisions for future delivery. We Operate Offices at Omaha, Neb.; Lincoln, Neb.; Hast ings, Neb.; Chicago, III.; Sioux City, la.; Holdrege, Neb.; Geneva, Neb.; Des Moines, la.; Milwaukee, Wis.; Hamburg, la.; Kansas City, We Have An up-to-date Terminal Elevator in the Omaha Market with the latest facilities for handling your shipments. Updike Grain Co. "The Reliable Consignment House." OMAHA, NEBRASKA FurUu J j BBBejBaBaaBBBBBSBBaBassaas