Omaha daily bee. (Omaha [Neb.]) 187?-1922, August 05, 1921, Page 9, Image 9

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    THE BEE: OMAHA, FRIDAY, AUGUST 5, 1921.
Nebraska Wheat
Crop m Sell
For $25,000,000
Tola! U. S. Yield Set at 800,
000,000 Bushels; Corn
liugker State Corn Crop
To Break Record.
OLD SOUR GRAPES
Drawn for The Bee by Sidney Smith.
Copyright, 1921. Chicago Tribune Company
By HOLLAND.
Within the next six weeks the
farmers of Nebraska who have been
cultivating wheat will have in hand
about $25,000,000, if reports which
reach New York are justified. Ne
braska is expected to harvest a little
over 25,000.000 bushels of wheat
which will be marketed probably at
$1.12 a bushel. If this be true of
Nebraska, other great wheat-growing
states are likely to receive propor
tionately an even greater amount
than the Nebraska farmers. Okla
homa should receive considerably
more than S25.000.000. The wheat
growing states of the northwest will
in the aggregate receive, according
to the best estimate, not far from
$100,000,000,
Washington authorities estimate a
production of a little over 800,000,000
bushels of wheat. Some of the pri
vate estimates fix the number o
bushels as high as 840,000,000. It
will be, in any event, in excess of
800,000,000 grown upon nearly 57,-
000,000 acres.
Would Sell for (ftOO.000,000.
If tha harvest bit ai much a 810.OAA.000
bushels and wheat commands $1.12 a
bushel, thn this crop alone will market
tor nearly 6900,000,000, It was at on
tlma an estlmnte of James .1. Hill that all
the crops of the United States, Including
cattoa should give. If properly cultivated,
a yearly return of 1 15.000,000,000.
How near that figure the harvest of
tma year will bring the aggregate returns
to the farmer It I Impossible now to esti
mate closely. . If the priens for farm
products were thll year aa high as they
were two years ago, then possibly the
American farmers would be able to report
that they have produced new wealth by
all th harvest of this year which, meas
ured by dollars, would aggregate 116.000,
000. 000.
With the falling- off In tha production of
cotton, which la inevitable tnis year ne
ceuse smaller amount than usual has
bean enltlvatad. corn will certainly main
tain Its prestige aa the most valuable of
American agrloultarai proaucts. unices
unfavorable weather acta In, Nebraska
will harvest a corn crop which will sur
pass any record heretofore made by that
atat. Tha weather thus far has been
favorable In Nebraska. Abundant rain has
fallen there and has protected the crops
from the effects of excessive neat.
Becord Crop In 1920.
It may bo that not so many bushels of
rora will be harvested this year as were
last Tear. In 1910. 3,000,000,230 bushels
Wore harvested and that waa a record
cron. Washington authorities estimate
that tha crn harvest fcls year will fU
Short of the record year by 110,000,000
bushels. Even though this estimate should
prove to be accurate, yet 100,000,000
bushels in excess of 1, 000,000. noo will coma
to tho earn growers of the United States,
unless there ahould be very unfavorable
weather for tho next six weeks. The
farmers planted twice ss many acres to
corn as they did to wheat, having sowed
somewhat In excess of 100,000,000 acres to
corn. If tho corn should bo marketed for
a little over 60 cents a bushel, then It
would yield about 31,800,000,000.
Oats, of which the harvest will be 1,
800,000,00 bushsls. Kya and barley consti
tute with corn and wheat our chief food
produeta and tho money yield for all these
will probably not be far from 13,000,000.
000. But It 1 not alono grain which Is
raised chiefly for food or with corn, also
for meat, that represents American agri
culture as a whole. There are potatoes,
tobacco, flax. rice. hay. of which nearly
80,000.000 tons will be harvested; cotton,
of which the estimate Is only 26,000,000
bales, and fruit.
Will Furnish Millions.
What the market price win oe ior eacn
tf these many proauois no m m .
ircast. But It is certain that the total
THE GUMPS ta&'smEX
I "TWaX'S TWrZ WOMaVJ fit W av Xtt I NTU A. LrAN I IVr" A fcntcrt AAiiDh I . v..i - utiNwi m .m !,r bnw a un, . . . . . I
f 0UWJ vWTANTTWkL BUNtv KkU ) J BRAINS At UKE VOOVt - ANYWAtf- J VST Vs VE.U ?V7T A "SLOT THERE rVNfr I
1 TMeVt CArfT tA,MCt - JuT TALWfS; J f LIGHT ON. fcOTH EYlt"&-r)EM AVtt J I MrP T4t Vftftb iN-.'.UiSf-r YnuAeu NmiiMuuPv,w I
I WW- WOULD MAKE VJO MORC FEET- NHT A 'SOCIAL 'UQH V'IS- f ( AuL Wc NeCt CANY ASSIMILATE BAN "1 '
irAwewoM vhe than a J i-pomt vaw thw wt mm v6o- there's n& tlacc to ent rr- r
i Market Financial and Industrial News of the Day WHY
f" Live Stock I I Financial 1 1 New Ynrlc Quotations 1 1 Chicago Grain III Omaha Grain I
; i iii -- 1 1 n : s in , 1
i
asrUuttbrs will furnish billions In new
wealth, notwithstanding tho heavy de
crease In tho market price for agricultural
products as compared with prices aa
these wore In U20 and for several years
earlier.
It Is noticed that throughout tho south,
tiotwlthstandlng tho unfavorable cotton
situation, farmers are not idle. They
have so cultivated their fields to corn
that tho harvest of eorn In tho south will
probably exceed In tho number of bush
els at any earlier harvest. Every one
of the southern states excepting Missouri
cultivated more corn thla year than ever
hofni-e. and in addition, with the excep
tion of B'lorida and Kentucky, devoted
mora acrea to oats than had ever been
dons.
There reports from tho south, suggest
that diversification or icrops nas Den
well established throughout tho southern
states, Heretofore they have Been pnnci
nllv nccunied in the cultivation of cot
ton and tobacco. Until within a few
yeara Louisiana did not realize that It
possessed a soil as well adapted to the
cultivation of Indian corn as of sugar cano
ir cotton. Now. Louisiana ranks among
the great cornproduclng states and its
harvest or corn this year win oring ma
lions of dollars to tho farmers.
Chiccgo IJvo Stock.
Chicago. Aug. 4. Cattle Receipts 9,000
hcd: market, better grades beof steers,
rmn tn s.t hiirhpr: others, steady: praC'
ci ton. 110 21,: bulk beef steers, S7.A0
9 75; ehee atock and better grades beef
steers, strong to S&o higher; others steaay;
bulk fat cows snd heifers, 4il.60; bulls
largely .S0j'S.7; veal calves, mostly
steadv: bulk. $9.0069.0; stoekers and
feeders, strong.
iin Rrceinta. 84.000 head: market.
15 to 53c lower: closed 25 to 3So lower
with liberal hold-over; packing gradea
fully 60c lower; top. $11.30 early; bulk
light and Urht butchers. J10.8S 11.25;
bulk packing sows. 9.2o.75; pigs, 25 to
ioc owor; desirable pigs. H0.25tiil0.75.
Sheep and Lamb Receipts 13,000 hesd;
msrket. sheep snd native lambs, steady;
western Iambs, strong to mo niKner; na
tive lamb. top. $10.50; bulk psclters, J9.25
(frin.00; western lambs, top, 110.775; others,
sin fthftiin fin: 105-nounrt feed western
vearllngs. $7.00: Montana wethers. $5.25
V.1.S5. averaged 115 pounds bulk fat
ewes, $4.0O4.75; few $5.00.
Kansas City Uve Slock.
Kansas City. Aug. 4. (U. S. Bureau of
Jlarkets.) Cattle neceipia. ," neaa;
better grade beef steers, strong to 10c
higher; top neavies, eivvu; rac,
steady to weak; common kinds. J6.60
steadv to weak: best veal-
ers. $5.00; top to packers, $7.75; many
reives, 5.00.50: stoekers, $4.506.O;
other classes, steady; few cows. $5.58
S.00; bulk, $4.00 6.00; medium to good
heifers. f6.60O7.60; cannera, mostly $2.15
CI. 50.
Hogs Receipts. ,60 head: market,
alow. 25e lower than yesterday's average,
r 26040c lower than yesterday's general
trade.; choice 163-lb hogs. $10.10010.15;
50 to 26 0-1 b. to shippers, $10.6510.75;
bidding $10.00 on 125-lb. weights; bulk of
sales. $9.76010.76; packer top. $10.16;
atock plga, scarce and steady.
Sheep Receipts, 6,000 head; killing
classes, fully steady; best ewes. $5.00;
Vearlings, $7.00; native lambs, $9.90.
Sioux City live Stock.
Sioux City, Aug. 4. Cattle Receipts,
I. 600 head: market steady; fed yearlings.
t$.00O7.00; beef steers, $3.50O.26; grass
otoers. $5.0007.00; fat cows and heifers.
$4.0008.00; canners, $1.0004.00; veals.
$4.0008.00; grass cows, $1.0006.00;
calves, $2.5006.00; feeding cows and heif
ers, $1.0006.00; stoekers, $4.0006.75.
Hogs Reooipts. (.600: market 10f25c
tower; light, $10.0010.45; mixed. $9.G0
10.15; heavy, $8.2509.76; bulk of sales,
$1 760126.
Sheep and Lambs Receipts, 500 head;
market strong.
St. Joseph ZJva Stock.
St. Joseph, Aug. t. Hogs Receipts,
T.600 head; generally ZSo lower; top,
110.90; bulk. $.6010.ll.
Cattle Receipts, 2,000 head; fed steers,
3t025e higher: grassers. slow; steers,
$4.60ff9.75: cows and heifers, $4.00OI.6;
calves. $5.0007.60.
Sheer Receipts. 2,601 head: strong to
?5o higher; lambs, $9.2a10.50; ewes,
I4.25O6.00.
Oaaba Hy Market.
Vpland . Prairie Hay No. 1, $10,600
II. 60; No, 2, $8.$0t.60; No. . $7,000
6.00.
Midland Prairie Hay No. 1. $14.00
11.00; No. 2, $7.60O-00; No, S, $.607.50.
Lowland Prairie Hay No. 1, (7.tgs.eui
o 2. 66..60OT.60.
. Alfalfa Choice, $17.00018.00; No. 1,
16 00 16.60; standard. $12.00014.00; No.
2. ll.l61).H No. (, $7.0001.00.
Straw Oata. $t.0O.0.
Straw-Wheat. $7.008.0a. .
Omaha. Aug. 4
Recelots were: Cattle Hogs Mhee
Official Monday 12,103 ,323 26,811
Official Tuesdav ... 4,851 6.979 16.43
Official Wednesday.. 6.616 30,900 9.94
Estimate Thursday... 3,600 8,000 13,000
Kour days this wk... 27.089 11,208 4,69
Sams days last wk..22.724 29,625 36.1
Sams days 2 wk. ago. 22.166 49.201 54. 48
Sama days 3 wk. ago. 18,718 37,051 ;iS,7!
same days year ago. 17,752 32.70K 69,4
Receipts and disposition of liva s'oc
at the i nion Stock V- i . Omaha, Neb.
for 24 hours, endm i J p. in., August
4, 1921.
T. ..'ll'TS CARS.
Cattle Host Sh'o H.M
C.,51. .t St. P. Ry.. 1
Mo. Pso. Rv. 211
Union Pacific It. R, 21
C. & N. v. Ity.. eaet. 7
C. & N. V. Ry., west. 4 4
C, St. P.. M. AO.. 7
C. H. & o. Ry.. east 13
C, B. & Q. Ry., west. 30
C, R. I. Ik P., east.. 4
C, R. I. & P., west. 4
C, O. W. Ry 3
21
7
4.1
19
41
Total receipts ...163 132 46 1
DISPOSITION HE AO.
Cattle Hogs Sheep.
Armour & Co 727 1,381 3.163
Cudahy Pack. Co.. 7!!4 1,624 2,223
Dold Packing Co... 173 1,041 119
Morris Pack. Co... 635 8S 1.483
Swift Co 685 1,187 1,835
J. W. Murphy 1,986
Swartz & Co 9;',4
Lincoln Pack. Co.. 67
Wilson Pack. Co.. 203
Hlggins Pack. Co 62
Mayorowlch A Vail. 16
Midwest Pack. Co. 4
P. O'Dea 11
Omaha Pack. Co.. 14 -.
So. Omaha Pack... 27
Benton A Van Bant. 24 .i
J. H. Bulla 46
W. H. Cheek 8
TS. G. Christie A Son 9
Dennis A Francis.. 49
Ellis A Co :ii .
John Harvey S73
T. J. Inghram 9 ......
F. Q. Kellogg .... ......
Joel Liindgren .... 15
F. P. Lewis .i 24
J. B. Root A Co... 348
Rosenitock Bros. .. 37
Sullivan Bros 3
W. B. Van Bant... 41 ,
Worth. A Degen...: 2
Krebs 3 .
Other buyers 469 ' 2,662
Ogden Pack. Co... 172
St. Clair 23
Smiley ... 15
Total 4,321 9,257 10,366
Cattle Receipta of cattle were quite
moderate this morning, the supply being
estimated at 3,500 head, most of which
were notive corn-fed steers. Demand for
beef was good and the desirable kinds of
dry cattle sold readily at fully steady
prices, yearlings again topping at $10.00.
Plain kinds of steers were slow and the
market on cows and heifers was lifeless at
weak to lower prices. Feeders were
rather scarce and sold steady to strong.
Compared with last week, beet corn-fed
steers are 10ig)25o higher, with plainer
kinds about steady. Western beeves are
little lower, if anything, but stoekers
and feeders are strong to as much as 25c
higher. Cows and heifers show losses of
50 075c for the week.
Quotations on cattle: Choice to Prime
oeeves, j'j.assfa.i j; good to choice beeves,
8.65P9.25; fair to good beeves, $8.25
60; common to fair beeves. $7.7Ciu8.23:
choice to prime yearlings. $9.50(5)10.00:
good to choice yearlings, $9.0009.50; fair
to good yearlings. $8.409.00: common to
fair yearlings, $7.2508.25; good to choice
grass oeeves, j6.7Bi7.GU; fair to good
grass beeves, $5.766.60; common to fair
grass oeeves, I4.5ueb.bu; Mexicans. 64.60
6.00; choice grass heifers, $6.0006.60; fair
to good grass heifers, $5.006.00; good to
choice grass rows, $5.255.T5; fair to
good grass cows, $4.005.00; common to
fair grass cows, $2.003.75; choice to
prime feeders. 7.7508. 26; good to choice
feeders, (7.00 07.75: fair to good feeders.
$6.0007.00; common to fair feeders, $5.00
OS.75; good to choice stoekers, $6.25
7.00; fair to good stoekers, $5.506.25;
common to fair stoekers. $4.765.50 stock
cows, $2.754.00; stock heifers. $4.00
5.50; stock calves, $4.6007.25; veal calves,
$4.0008.60; bulls, stags, etc.. $3.504.60.
BEEF STEERS.
Av. Pr. No.
1062 $8 00 37
No.
26.
40.
29.
46.
23.
14.
10...
40...
24...
....1017
....1228
....1142
....1266
....1472
....1047
60
8 80
8 90
9 06
40
90
28....
14
19
78....
31....
Av.
,.1163
..1404
i. 992
,.1060
,.1116
,.1387
Pr.
$8 60
8 65
8 85
9 00
10
$ 55
STEERS AND HEIFERS.
1068 9 25 43 793
821 85
COWS.
II .1131 4 75
HEIFERS.
14 922 5 25
BULLS.
1 . ...... 1470 4 28 1 1630
1 1490 4 76 1 1410
CALVES.
.. 103 6 00 5 316 6 50
..183 7 60
STOCKERS AND FEEDERS.
.. 7S0 6 25 13 780
NEBRASKA.
Pr. No. A v.
$6 60
...
57...
15...
No.
9 40
4 40
6 25
30
18 civs.. 280
6 civs.. 344
16 s.hfs.656
22 strs.1115
64 strs.1261
DAKOTA.
Pr.
$6 25
4 25
4 75
T 00
7 35
A v.
11 fdrs..873
6 fdrs..88 4 76
17 hfrs..467 5 25
24 sirs. 1240 6 60
51 etra.1223 7 35
fdrs.,805 6 05
SOUTH
11 strs.,663 6 90
HALEY-HARRIS.
243 strs.1064 40
Hogs Arrivals of hogs were estimated
at 8.000 head and trade waa featured by
an easier trend to values although de
mand from all quarters appeared to be
fairly active. Most of the supply sold at
declines of about 10O15o with extremes
of trade steady to as much as a quarter
lower. Best light hogs made a top of
$10.85 and bulk of the entire receipts sold
at $3.10010.40.
HOOS.
Pr. No. Av. Sh.
$8 75 50. .829
No. Av.
26. .388
53. .307
53. .298
66. .294
66. .251
67. .249
63. .271
72. .238
0..223
72. .198
40. .170
Sh.
70
220
70
40
210
70
9 25
9 36
9 50
9 65
9 80
9 90
10 00
10 60
10 65
10 80
64. .276
69. .279
71. .233
69. .255
31. .315
66. .333
61. .28
77. .197
75. .187
28. .198
ISO
110
40
40
70
80
Pr.
$9 15
9 30
9 40
9 60
9 75
9 65
9 95
10 25
10 60
10 76
10 85
Sheep About 12.000 head of sheen and
lambs were here today and fat grades
met with a fair demand at prices steady
or very nearly so, wet fleeces considered.
bariy sales of fat western Iambs were
made at $9.75010.00 and good native
sold up to $9.26 with one Tot of fancy
natives at $9.90. Fat sheep were rela
tively scarce and good ewes were reported
at $5.00 with aged wethers quoted up to
$6.00. There has been some Increase in
feeder demsnd this week but most of the
orders on file call for a eoet of about
$7.00 on good thin lambs. Trade today
was generally steady with oricee for
feeder lambs around $7.0007.50 and with
zeeaer awes selling at $3.76 O 3.26.
viuoianons on oneep r at lamb, west
erns, $9.25010.15; fat lambs, natives,
$8.6009.25; feeder lambs, $6.767.76; cull
lambs. $5.0006.60; fat yearlings, $6,500
0.75: fat ewes. $3.2506.10; feeder ewes,
$2.2502.35; cull ewes, $1 6002.60.
FAT LAMBS.
No. - Av. Pr. No. A v. Pr.
162 Ida. .70 $10 00 246 Ida.. 75 $9 90
2:10 Ida. .66 7 76 359 Ida. .7$ 86
137 Ida. .66 90 727 Ida. .76 10 26
rEEDEK LAMBS.
161 Ida. .6$ 7 76 131 Ida. .61 7 It
217 Ida. .61 7 60
TEA RUNGS AND WETHERS.
239 fed. 10$ (00
Sbc Nttu ficrk imc .
By ALEXANDER DANA NOYES
Chicago Tribune-Omaha Bee Leased Wire,
New York, Aug. 4. Interest in to
day s markets was chiefly directed to
the sharp recovery of 4 cents in ster
ling and the rise in call money rates
to 6 per cent for the first time in a
fortnight. The higher money was
probably a temporary incident caused
by shifting of government balances.
Diversion of credits from New York
seemed to be indicated by the week
ly report of the New York federal
reserve bank, which showed a de
crease of $45,900,000 in that institu
tion's share of the system's central
gold fund.
A rise in call money rates has
long been familiar on the approach
of the harvest season, when interior
banks are apt to draw on New York,
but the movement has usually begun
only m the last weeks of August,
Rates for time loans did not change
from their low level. It is in that
branch of the money market that a
crop-moving demand is commonly
indicated.
Fractional Changes.
Most of the day's changes on the stock
exchange were only fractional, with net
declines more numerous, but the advances
on the whole more impressive. The ad
vance in bond market prices was checked
except for the United States war loans
which were conspicuously strong.
nasca on tne boaroys compilations or
the total gold Imports of the year to the
latest date reported, it may be safely
estimated that up to the present moment
the gold importations of 1921 have footed
up not rar from 425,uoo,ooi). it is well
known that this Ib not a "high record;"
a still larger sum was imported in the
six or seven months before we went to
war with Germany. But those importa
tions were distinctly for the purpose of
establishing reserve credits on which ex-
teneive war loans to the allies might be
based and of helping in the "stabiliza
tion" of European exchange rates.
Gold Import Heavy.
Neither is there a nrlmarv motive at
this time and moreover, there is no in
dication of a check to the present remark
able movement. While It Is true that part
of our recent imports (from Sweden and
Holland especially) may have been Rus
sian gold melted up at the Stockholm mint,
thoso importations have not made up one
sixth of the year's total Importations.
The United States has already imported
this year from all quarters of the globe,
nearly $100,000,000 more gold than the
world's entire new production of 1920. It
now holds more than 40 per cent of the
whole world's estimated atock of gold
and the movement does not slacken.
Neither bankers nor economists are able
to frame a confident opinion as to the
upshot of this heaplng-up of reserve money
in the United States, at the moment when
our Issue of paper money and use of credit
is being reduced with exceptional rapidity.
All that can safely be said of so singular
a phenomenon Is that it portends a chap
ter of even more unusual economic historv
In the coming era of reconstruction.
New Tork Cotton.
New Tork. Aug. 4. The New York cnt
ton market opened firm today at an ad
vance of 12 to 15 Doints. The south con
tinued its active selling pressure at the
no level ror uctooer, out heavy Wall
Street and commission house buying ab
sorbed the offerings and carried that de
livery pp.
Increased hedge selling caused rend ion.
or or IB points, but offerings were grad
ually absorbed and the late forenoon mar.
ket was steady around 9 points of the
Dest.
Realising sales were absorbed nn the
mid-day reaction and the market turned
firmer.
Range of price of the leading stocks
furnished ny Logan & myan, reters
Trust building:
RAILS.
Wed.
High Low Close Close
A. T. A 8. F R6 864 85', 864
Baltimore A Ohio 39 H 39 4 P,9i 89
Canadian Pacific 116s 114V 1144 115
66
14
754
N. Y. Central .... 73'
Ches. A Ohio .... 66
Erie R. R 14,
lit. Northern, pfd.. 77 4
Chi. Gt. Western
Illinois Central ... H 96
Mo., Kan. A Tex...
K. C. Southern . . .
Mo. Pac
N. Y., N. H. A H. ,
North. Pag. Ry....
Chi. A N. W
Pennsylvania R. R
Reading Co
C. H. I. A P
South. Pac. Co....
South. Ry
Chi., M. A St. P...
Union Pacific
Wabash
STEEL.
Am. Car A Fdry
Allls-Chal. Mfg... 314 si's
Am. Loco. Co 844 83
L'td. Al. Stl. Corp
Bald'n Loco. Wks. 78 4 78
Beth. Stl. Corp. .. 62 61
Crucible Steel Co. 66 Vi 65
Am. Stl. Foundries 26 26
Lackaw'a Steel Co 39 39
Midvale Stl. A Ord 25 -'"
Pressed Stl Car Co 6t 604
Rep. I. A Steel Co. 46 47 vt
Ry. Steel Spring. 78 4 78 4
United States Steel 75U 75
72
66
14
76
96' '
26 26
204 20(4
17 17
78 784
674 674
38 4 .18 4
70 70
33 33
78 78 7Si
204 20 204
274 274 284
122 4 1214 1214 122
8
284
21
174
79
68
38
70T
34
79
204
28
4
67
14
76 U
7
96
"M.
264
21
17
79
68
38 4
70
33
COPPERS.
12
104
234
48
10
124
47
Anacon. Cop. Min 37 ,
Am. S. A Rfg. Co
B. A S. Min. Co.. 12
Chile Copper Co.. 10
Chino Copper Co.. 234
Calumet A Arizona 48
Inspiration con c
Kennecott Copper.. 19
Miami Copper Co
Nev. Cons. C. Co. 10
Rav Cons. C. Co.. 324
Utah Copper Co... 4814
INDUSTRIALS.
Am. Beet S'r Co
A O. A W. I. S. S. 24 4 $2 4
Am. Internat. Corp 35 334
Am. Sum. T. Co.'.. 50 494
Am. Tel. A Tel.
Am. A. C. P...,
Bosch Magneto .
Continental Can.
American Can...
Chandler Motor Car 49
Central Leather ... 34
Cuba Cane sugar.
Cal. Pkg. Corp...
Cal. Petroleum...
Corn Prod. Rfg..
Nat. E. A S
Fisk Rubber
3 IT.
84
78 4
614
65
20
39
24
0
474
784
75
37
12
10
23 4
48
1251,
32
844
26
78 4
61
5t
26
39 4
24
60
47
80
754
37
374
13
10 4
19 19
10
124
47
23
34
49 M
33
194
2Ui
10'i
12
48
30
22
as 4
494
1054 105 105 1054
30
45 46
27 4 2'?i
46 46
33 34 4
10 114
61 61
.... 36
684 6S
48
94 H
45
284
11
624
69
45
274
48
33 4
10
614
684
9 4 9 4
Turpentine and Rosin.
Savannah, fin.. Aiiir. 4 Tnrnaniin.
Market firm. 664c: sales. 343 barrol: re.
eeipts, 739 barrels; shipments, 6 barrels:
stock, 30,042 barrels.
Rosin Market firm: salea. 920 resfcs'
receipts, 1,935 casks; shipments, 225 casks;
stock, 88,114 casks.
Quote: B, $3.80; T. $3.803.35; E, $3.35
03.45: F. $3.403.40; O. $3.60; H. $3.60;
, .nuI '8.60; Jt, 3.70(3.80: M, $3,801
.95: N. $3.954.15: WO. 14.80l4 95- WW.
5.455P6.50.
Liberty Bond Prices.
.ew rorn. Aug. 4. Liberty bond, at
noon: 3U, fifil?. fir J- bi on ku. S
. , uu,. , ...I,.., . , im, bvc
ond 4s, 87.64 bid; first 44s. 87.92; second
r4s, i.; intra 44s. 91.90; fourth 44s,
7.80: Victory 3'is. 98 84- Virtnr lit.
98.86. '
Liberty bonds closed: S's. 88S4- fir.t
s. 87.88 bid; second 4s. 87.80 bid: first
4s, 88.00: second 4V: R774- thirri iv..
3.04; fourth 4s. 87.80: Victnrv aa..'
88.80. .
New York Sugar.
New York. Aur. 4 Tha n ,,...
ket was firm and unchanged at 34c
for Cubas. c. 1. f.. eoual to hk n ..,-
trifugal. Late last night there were sales
f 10,000 tons bv the cnmmlttoA tn tVt
United Kingdom. Today local refiners
purchased 47,000 bags of Cubas from the
committee for August shipment and there
were also sales of 18.000 bags of Porto
Ricoa all at equal to 4.8f,c for centrifugal.
New Tork Produce.
Now Tork, Aug. 4. Butter Steadv:
creamery, higher than extras, 45 4 46c:
reamery extras, 44445e: creamerv
rsts, S944e.
Kggs Irregular, unchanged.
Cheese Barely steady, unchanged.
j.ive poultry steadv. fowls, 28J2o
Dressed Quiet, unchanged.
Linseed Oil.
Duluth. Minn.. Aur. 4 T.lnseeit on
track and arrive, $2.06.
General Electric. . .1194 H84 H1.
Gt. Northern Ore.. 28 28 28 28
General Motors ... 10 104 10 10
Goodrich Co 33 33 33 32
Int. Harvester 754 73 74 734
H. A B. Car 58 67 58 68
V. S. Ind. Alcohol. 61 494 60 604
Int. Nickel 144 144 144 144
624 61 61 634
i 24 2 2
234 23 4 23 4
43 4 414 41 42
14 14 144 144
Mex. Pet 108 106 107 1074
Middle States Oil. 124 11 12 124
274
7
37
50
15 4
624
54
67
Int. Paper
Island Oil
AJax Rubber
Kelly-Springfield..
Keystone T. A R. .
Pure Oil Co
Willys-Overland .
Pacific Oil
Pan-Am. Pet-Tr.
Pterca-Arrow Mo.
Royal Dutch Co.
U. S. Rubber
Am. 8uear Rfg. .
Sinclair Oil A Rfg. 20
Sears-Roebuck Co.. 664
Stromsberg Carb. . 314
StudehRker 804
Tob. Pro. Co 64
Trans-Con. Oil ... 8
Tflvns Co 36
V. S. Food Pr. Cor. 17 17 4
U S. Sm., Rfg-Mn
White Motor 31 11 31
Wesfhse Airbrake ;
AVesfhse El-Mfg. 434 34
Airier, Woolen Co. 71 69
Total sales, 353.4UO.
Money Close, 6 per
close, 64 per cent.
Sterling Close, $3.5i4;
close, $3,66 4.
27
6
36
49 4
13
61
63
64
20
654
31
784
684
7
27
6
36
494
144
624
63
66
20
65
21
78
68
8
36
17
434
704
26
6
36
604
15
61
63
66
20
654
784
69
ii
so
32
90
434
694
cent; Wednesday
Wednesday
Foreign Exchange Kate.
Following are today's rates of exchange
as compared with the per valuation. Fur
nished by the reters National bank:
Par
Valuation. Today.
. .30 .0013
. .195 .0735
.1.00 .8975
.0128
.1520
3.57
Austria
Belgium
Canada
C'zecho-Slovakia,
Denmark
England
France
Germany
Greece
Italy
Jugo-Slavia ...
Norway
Poland
Sweden
Switzerland ...
. .27
.4.86
. .193
. .238
. .106
. .195
.' '27
! .27
. .195
Bonds and Notes
The following nuntntlon furnfah. h.
the Omaha Trust company:
Appro.
Am. Agri. C. 7s, 1941 .. 96 97 7.80
Am. T. A T. Co. 6a, 1922 98 994 8.00
Am. T. A T. Co. 6s. 1924 971. 071- 7 in
Anaconda 7s, 1929 93 4 83 4 8.16
Armour 7. 1930.'. 974 97 7.35
Belgian Oovt. 6s, 1941. .100 101 7 90
Belgian Govt. 74s. 1945 101 4 102 7.30
Bethl Steel 7s, 192$ 93 91 7.70
British (4. 1922 98 97 6.20
British 6s. 1929 89 894 7.24
British 64. 1937 87 87 6.80
C. B. A Q. Jt, 4. 1936.. 100 101 6.40
C. C. C. A St. L. 6s, 1929 90 90 4 7.60
Chile 8s. 1941 98 984 1.16
Denmark Ss. 1945, ..... .102 102 7.77
French Govt. 8s. 1945. , .100 'i 100 7.81
B. F. Goodrich 7s, 1926.. 90 90 9.88
Gulf Oil Corp. 7s. 1933.. 97 98 7.26
Jap. Govt. 1st 44s. 1925 854 854 9.45
Jap. Govt. 4s. 1931 70 70 8.58
Norway 8s. 1940 1034 104 7.60
N. W. B. T. Co. 7. 1941 101 1024 6.79
N. Y. Central 7s, 1930. ..103 1034 .so
Packard Ss, 1931 96 96 4 8.55
Penn. R. R. Co. 7s, 1930 102 4 104 6.40
S. W. B. T. Co. 7s. 1926 96 96 7.98
Swift A Co. 7s. 1925.... 97 4 97 4 7.75
Swiss Govt. 8s, 1940 106 106 7 40
Tidew'r Oil Co. 64. 1930 95 4 9 6.86
V. S. Rubber 74. 1930.. 101 4 10J 720
Vacuum OH 7s. 1936... .101 101 4 6.97
West's Elec. 7s, 1931. .102 1024 6.64
.0765
.0124
.0564
.0425
.0057
.1275
.0006
.2040
.1650
New Tork Curb Stock.
The following quotations are furnished
by Logan A Bryan:
Allied Oil
Boston Montana
Boston Wyoming
Cresson Gold
Cosden Oil
Consolidated Copper....
Elk Basin
Federal Oil
Glenrock Oil
Island Oil
Merrit Oil
Midwest Refining Co...
Silver King of Arizona.
8apulpa Oil
Simms Tetroleum
Tonopah Divide
U. S. Steamship
V. 8. Retail Candy
White Oil
4 5
69 6 70
83 0 $6
14 . ..
2 4ff 6
14 l'i
6 42 6
1 41 8-16
92 14
3 lii ....
70 8
130 140
10 20
3 45 3 4
4W 7
79 81
26 & 27
64 64
84 ....
Chicago Stock.
The following quotations are furnished
by Logan A Bryan:
Armour A Co. pfd 90 , 91
Armour Leather Co. common 124 if
Armour Leather Co. pfd 84 ....
Commonwealth Edison Co 109 r
Cudahy Packing Co. common 68 ip 6
Continental Motors 64W 6
Hartman Corporation common 76 U
Libby. McNeil A Liony
Montgomery Ward Co
National Leather
Reo Motor Car Co
Swift A Co
Swift International
Union Carbide A Carbon Co.
By CHARLES D. MICHAELS.
Chicago Tribune-Omaha Bee Leased Wire.
Chicago, Aug. 4. Liquidation was
general in wheat today and two of
the largest lines held in the local
market was sold out, the largest be
ing credited to a big eastern trader,
Towards the finish buying by sea
board houses and by a leading ele
vator interest aided the market and
some short covering toward the last
forced some recovery, last prices
showing losses of only 2c.
Corn finished S-8c to 3-4c lower
and oats were 3-8c to S-8c off. Rye
closed unchanged to 7-8c lower, and
barley was l-2c to 3-4c lower. Pork
declined 30c; lard 5c to 40c and ribs
30c to 27 l-2c. Cash wheat basis
was firm, corn unchanged and oats
unchanged for ho. 2 grades and 1-c
to lc lower 'for No. 3 and No. 4
grades.
Local cash sales were 80,000 bush
els of wheat to exporters, a resale
of wheat canceled yesterday; 10,000
bushels of corn and 85,000 bushels of
oats. Sales to exporters out of this
market were reported at as high as
150,000 bushels of wheat and 300,000
bushels of corn, but these could not
be fully confirmed, the sellers con
tenting themselves with reporting
some business worked, but refused
to give out totals.
Wheat Friers Decline.
Wheat prices had a material decline.
Longs were tired. They realized that so
long as foreigners remained disinterested
and the American farmer continued to
put his wheat on the market regardless
of price that, for the moment, It would
be difficult to advance prices to a level
which represented its true value. Selling
was on a big scale and almost all of It
was In the way of liquidation. There was
some selling credited to an eastern trader
which was so large that the trade was
inclined to believe that he not only went
out of his long wheat, but also sold
enough to become committed on the short
side.
Corn was weaker In sympathy with
wheat. Liquidation and short selling
combined to force a reduction. Good in
vestment buying was uncovered on the
break. September corn sold at a new
low figure on the crop. A detailed re
port of the weekly weather bulletin shows
that, in the opinion of the government
observers, the rain came too late to aid
the corn crop in parts of Kansas.north
and southern Illinois and most of Iowa.
This may result in a rather bullish situa
tion when the condition becomes more
generally recognized. Country offerings
to arrive were liberal. Some corn was
booked early, but sellers were not Inclined
to reduce their prices to meet the de
cline In futures. Local receipts were esti
mated at 115 cars.
Oats dropped sharply with other grains.
Selling was pretty general and much of It
was termed liquidation. Selling by a
prominent commission house featured the
early trade. Support was very limited
and consisted almost entirely of purchases
against indemnities. Cash oats started lc
low. No. 3 white sold at 4 4c under Sep
tember and No. 4 white 6c under Sep
tember. Movement of oats to primary
markets continues comparatively heavy
and hedging pressure is a weight on the
market. Estimated receipts today 365
cars.
Cash rye 4 to 24e lower; No. 2 sold
at $1.091.114.
Fit Notes.
Eastern Interest were credited with
eelling wheat on a big scale. Staln
Alsteln was a heavy seller, this being
ascribed by some to Llvermors and by
some to Blum. 8outhwest cash Interests
were credited with selling wheat, and
northwest houses were said to have sold
December.
Minneapolis wired to Jackson Bros.:
On the first of August the state law went
into effect which stated that the seller of
grains In markets In Minnesota must own
the wheat, actually or potentially. While
this phrase is vague and perhaps does not
prohibit short selling, yet it is the observa
tion that It has decreased the volume of
business coming to the Minneapolis msr
ket and It ha noticeably decreased the
volume of speculative short selling. The
result is liable to be a market In which j
there is no pronounced short iptereat ex
cept those professionals who are willing
to take chances, and that the selling
which does come in this market la going
to bo largely in the form of straight,
legitimate hedges, a character of selling
which will not run on the bulges. This
condition may upset the calculations of
those who expect spring wheat to rule at
larger premiums over other markets."
The United States hay crop will bo
about 75 per cent of that raised last year,
according to R. M. White, president of
the National Hay association. The short-
ace is due to drouth and an extremely
hot spell just before harvesting.
The United Kingdom corn demand I
less active, due to tbe rains and to the
accumulation of Argentine corn on a
larger scale.
Exporters were Intimating bids of 44c
over September c. 1. f., Buffalo for wheat.
but there was little business. Private ca
bles Indicated there had been some wheat
and corn worked from the Atlantic seaboard.
Frsnch reports say the wheat crop is
better than a year ago. In Germany the
bread grain have turned out well, but
coarse grains and forage crops suffered
materially from the drouth, the same aa
in Eng'asd and France.
CHICAGO CLOSING PRICES.
Omaha, Aug. 4,
Wheat receipts today were 182
cars, against 334 cars a week ago
and 104 cars last year this date. Corn
arrivals were 72 cars and oats 60.
Wheat prices were about 4 cents
lower. Corn was Vi to 1H cents
off. White showed a decline of VA
cents, yellow 1 cent and mixed
cent. Oats were unchanged to li
cent lower. Rye was off 2 cents
and barley 1 cent.
WHEAT.
No. 1 hard: 1 car, $1.16 (old); 1 car,
$1.15 (smutty, dark); 1 car, $1.10; 1 car,
$1.10 (smutty); 1 car, $1,094; 2 cars,
$1.08 (yellow).
No. 2 hard: 1 car, $1.20( dark); 1 car,
$1.16 (smutty, dark); 1 car, $1.16 (dark);
1 car, $1.11 (smutty); 2 cars, $1.10
(smutty); 1 car, $1.10 (heavy); 1 car,
$1,09 4 (smutty): 3 cars. $1.09: 2 cars.
$1.09; 15 cars, $1.07 (yellow).
No. 3 hard: 1 car, $1.16 (dark); 1 car,
$1.13 (smutty, dark); 2 cars, $1.13
(smutty, dark); 1 car, $1.11 (smutty.
dark); 1 car, $1.09 (very smutty); 2 cars,
$1.07; I cars, $1.07 (yellow); 6 car, $1.00
(yellow): 7-6 car, $1.06.
No. 4 hard: 1 car. $1.11 (smutty, dark);
1 car. $1.10 (dark, smutty, heavy); 1 car.
$1.04) (dark, very smutty); 4 cars, $1.06
(yellow); 4 cars, $1.06 (yellow); 1 car,
$1.04 (yellow).
No. 6 hard: 1 car, $1.06 (heavy, smutty);
2-5 car, $1.6$.
Sample hard: 1 car, $1.04 (yellow).
No. 3 mixed: 1-5 car, $1.08; 1 car. $1.06
(smutty); 1 car, $1.05 (smutty, durum).
No. 5 mixed: 1 car. $1.05 (spring and
winter).
CORN.
No. 1 white: 9 car, 464c.
No. 2 white: 1 car, 47o (special billing);
$ cars, 464c
No. 1 yellow: 2 cars, 4840 (shippers
wts.); 3 cars, 4S4c
No. 2 yellow: 1 car, 484c; 1 car,v 48c;
1 car, 47 4c
sample yellow: l car, 4jc tneatingl.
No. 1 mixed: 2 cars, 46o (near white).
No. 2 mixed: 1 car. 46c (near white);
1 car, 454c; 2 2-6 cars. 45c.
.No. 6 mixed: 1 car, 4Jr. -Sample
mixed: 1 car, 40c.
OATS.
No. 3 white: 2-S car. J14c;
1 car,' 304c (204 lbs.)
No. 4 white: 1 car, S04e;
2 cars, 29c (25 lbs.)
RTE.
No. 2: 1 car. 98c.
No. 3: 1 car, 97c.
No. 4: 1 car, 86c: 1-5 car, 95c.
BARLEY.
No. 3: 1 car,' 50 4c
No. 4: 2 cars, 49c.
Nn. 1 Feed: 1 3-5 car. 4Sc.
OMAHA RECEIPTS AND SHIPMENTS.
weft year
Receints Today
Wheat 1S2
Corn 78
Oats
Rye 3 0
Barley 6
Shipments
Wheat 164
Corn 62
Oats 8
Rye . , 3
Barley I
CHICAGO CAR LOT RECEIPTS.
Today Wk. Ago Tr. Ago
Wheat 268 440 154
Corn 85 197 73
Oats ,.r..383 295 83
KANSAS CITY RECEIPTS.
Today Wk. Ago Tr. Ago
Wheat 630 628 211
Corn 30 25 8
Oats 48 19 18
ST. LOUIS RECEIPTS.
Today-Vk. Ago Tr. Ago
Wheat 299 841 217
Corn 92 69 31
Oats 46 87 43
NORTHWESTERN RECEIPTS OF
WHEAT
Today Wk. Ago Tr. Ago
Mir.n ,.194 275 215
Duluth ..130 16 61
Winnipeg 91 107 87
PRIMARY RECEIPTS AND SHIPMENTS
Receipta Today Yr. Ago
Wheat ....2,383,000 1,568,000
Corn 646,000 350,000
Oafs 1.960.000 570,000
Shipments Today Yr. Ago
Wheat 1,542,000 1,112,000
Corn 261,000 578,000
Oat 424.000
EXPORT CLEARANCES,
Today
332.000
42.000
1 car, 11c;
1 car, I9c;
Does a Boy Voice "Break?"
One of the striking differences be
tween the sexes is the fact that the
vocal chords or the voice-box of the
male enlarges comparatively sudden
ly, when the boy is about 14 or 15
years of age, while that of the female
grows gradually along with the rest
of her body. Boys' voices, there
fore, "break" or suddenly alter their
pitch, while those of girls are not
subject to this peculiarity.
This difference in development is
due to the fact that the larynx of the
male is much larger in proportion
than that of the female, thus giving
men deeper and more bass voices
than women, whose larynxes have
grown gradually and have not been
subject to any sudden enlargement.
But, while girls go along year after
year using their vocal chords with
the ease of long practice, the boy of
14 or 15 usually finds that a change
has taken place in his voice, almost
overnight. As a matter of fact, his
larynx has enlarged and, as he is
not familiar with the right way in
which to use it, his voice frequently
"breaks." He will use the treble
rotes of childhood and the bass notes
of young manhood in the same sen
tences. As soon as he becomes ac
customed to this change in his
throat, he is able to control his tones,
but until he learns to do this, he
suffers from a vocal complaint com
mon to practically all males of his
age.
(CoDvrlght. 1921. Wheeler Syndicate, Inc.) I
Jewel, Flower, Color
Symbols for Today
By MILDRED MARSHALL.
Once again the sapphire rciK"s sii"
prenie over mortal destiny and pre
sides as both the talismanic and natal
jewel for today. For tliote whose
birth anniversary falls on this date
it is the symbol of travel, and wear
ing it insures many and profitable
journeys into far countries. It was
believed by the ancients that treasure
hunts and other advantures, wilh
wealth as the ultimate goal, were welt
directed toward success if the leader
of such an expedition wore a sapphire.
Warn as a talisman, the sapphire
is also believed to attract good for
tune and to keep off evil influence.
It preserves a woman's purity ami
protects her from dangers. Accord
ing to ancient superstition, it will
change color and become almost vio
let at the loss of virtue.
Green is the color which should
be given preference today. It is a
symbol of travel and change, and
should be especially lucky for those
setting forth on a journey. Its sym
bolism makes it a happv choice for
the traveling gown of a bride who
embarks on life's most hazardous
journey.
The cheery sunflower should bring
luck on this day. It is proof against
despondency and worry.
Copyright, 1921, by The Wheeler Syndicate,
Inc.
Do You Know the Bible?
(Cover up tha answers, read tha ques
tions and see It you can answer them.
Then look t the answers to see If you
are right.)
Follow these question and answers
as arranged bv
J. WILSON ROY.
1. Who drove the new cart on
which was set the ar!; of the Lord?
2. Where do we find references
to dukes?
3. What was the name of tho
blind beggar whose sight was re
stored by Jesus?
4. Who was Jehoshaphat's
mother?
5. What man among the chil
dren of Israel had five, daughters
but no sons?
6. What were the names of the
five daughters?
ANSWERS.
1. See 2 Samuel vi $.
2. Genesis xxxvi. IS; xxxvi. 21;
yxxvi. 29; Exodus xv. 15; Joshua
xiii. 21.
3. Bartimeus. See Mark x. 46.
4. Azubah. 1 Kings xxii. 42.
5. Zelophehad.
6. See Numbers xxvi. 33.
(Copyright, 1921, Wheeler Syndicate. IncV
Ago.
334
47
24
2
134
44
3
3
Ago.
104
. 14
11
2
3
101
40
3
Wheat
Corn
627,000
Yr. Ago
699,000
Chicago Produce.
Chicago, Aug. 4 Butter Easier;
creamery extras, 42H3c; standards,
404c; firsts. 37Vx42c; seconds, 3336Hc.
Eggs Unchanged; receipts, 6,993 cases.
Foultry Alive, unsettled; fowls, 251
28c; broilers, 2729c.
Service
o o o
in the careful handling of all orders
for grain and provisions for future
delivery in all the important markets.
We Operate Office at-
Omaha, Nebraska Lincoln, Nebraska
Hastings, Nebraska
Holdrege, Nebraska Geneva, Nebraska
Chicago, Illinois
Sioux City, Iowa Des Moines, Iowa
Hamburg, Iowa
Milwaukee, Wisconsin Kansas City, Missouri
Privata wire connections to all offices
except Kansas City and Milwaukee.
We Solicit Your Consignments
of All Kinds of Grain to
OMAHA, CHICAGO, MILWAUKEE,
KANSAS CITY AND SIOUX CITY
Every Car Receives Careful Personal Attention
The Updike Grain Company
"The Reliable Consignment House"
14
13
8 fp
II
26
40UO
Minneapolis Grain.
JHnneapolis, Aug. 4. Flour Unchanged
to 30o lower; In carload lots, family pat
ents quoted at IS. COG'S. 65 a barrel in 98
pound cotton sacks.
Bran 616.00.
Wheat 'Receipts, 194 can, compared
with 216 cars a year ago.
Cash, No. 1 northern, 11.37, 1.47 I
September, I1.27H.
December II. 28 tf.
Corn No. 3 yellow, 61 62c.
Oats Ne. S white, 31 (332 Vic
Barley 4060e.
RvNo. 2, 21.024 1.04 'i.
Flax No. 1. 11.99 "i;2.0m.
re-
hlcago Potatoes.
Chicago, Aug. 4. Potatoes Kin
ceipts. 36 cars; Kana Chios, S1.2601.76
cut.; Nebraska, 62.6002.60 cwt.; Kansas
cobblers. :.10iff3.!O cwt.; Jersey. I3.00JP
126 cwt: Idaho white, 12.6082.76 cwt.;
Virginia, Si.2695.40 bbL
By Updike Grain Co. DO. 2627. Aug. 4.
Art. Open. I H)gh. Low. Close. Yest
Wht,
Sep. 1.2314 I.23V4 1.19 1.21H 1.23'4
1.22H 1.21Y4 1.23'.i
Dec. 1.26 1.26 1.23U 1.24H 1.26V4
1.25 1.24i 1.26 1
iy l 1 1
Sep. 1.11 1.12 1.10 1.1114 1.12H
Dec. 1.10 1.10U 1.0914 1-1014 1.10V4
Corn
Sep. .B8i .6714 .67 .58 H
.5814
Dec. .691 .6914 .68 .686), .69
.6814 5814 .6914
Oata
Sep. .31 .18 .38 i .17 .18
.39 3814
Dec. .41 .41 .40 .40 .41
.404 40 .4114
Pork
Sep. 18.70 18.70 18.(5 13.65 18.15
Lard I
Sep. 12.15 12.16 1 1.80 11.80 12.20
Oct. ' 13.15 12.15 11.90 11.93 12.30
Jan. 10.30 10.30 10.17 10.30 10.35
Ribs III
Sep. 10.60 10.60 1 0.45 110.45 110,65
Oct. 110.50 10.50 110.10 10.30 10.67
St.
St. Louis Grain.
Louis, Aug. 4 Wheat September,
tl.lSfe; December, 11.2214 bid.
Corn September, 644c; December,
55Sc bid.
Oats September. 35c; December, 3c.
Kansas City Grain.
Kansas City. Aue. 4. Wheat Septem
ber, SI. 11 S: December. I1,161t
Corn September, 48; December, 60'ie.
Specializing
IX7E have made it a policy since the day our
' bank was founded to not only furnish
every routine of banking service, but to make
it a point to understand the individual require
ments of eveiy depositor.
Ask us about our pleasing, help
ful service rendered our patrons.
United States
National Bank
The Bank of Personal 'Attention
N. W. Corner 16th and Farnam Sts.