Omaha daily bee. (Omaha [Neb.]) 187?-1922, August 07, 1921, Page 7, Image 7

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    THE BEE: OMAHA, SUNDAY, AUGUST 7. 1921.
V A
4. J
-4
9
i
Market, Financial and Industrial News of the Day
Live Stock
lleeelpta were!
Official Monday....
Official Tuesday ..
Official Wednesday.
Official Thursday..,
Offiolal Friday
Estimate 8turday .
81s day" thta week
Batata daya lat we'k
Same daya 1 w'l a'o
Same daya t w'a a'o
Bint daya year ago.
Omaha, Aug.
Cattla Hon
.13.103
. 4,161
. l.BSl
. 4.641
. 1.67
. 400
11.110
14.4(0
11,638
10.004
11.761
em
1.171
10,100
1,101
7.110
4,(00
41,111
44,174
Sl,63
(1,101
42,136
.
Pheep
21.111
11.414
1.141
11.120
11.043
1.000
71,114
40,127
11.177
41.711
74,361
Receipts and disposition of llvt stork
at lha Union stork yards, Omaha. Neb.,
for 14 hours, ending at I p. in., August
t, 1131:
RECEIPTS CARS.
Horses
and
Cattle.Hogs.Sheep.Mules
Mo. Van. Ry a
Union 1'ac. R. R 20 4
C. & N. W. Ry., east.. 1 - .
C. N. W. Ry., west.. Si . 1
t, St. P.. M. 0. Ry 6 1 .
c B. i,Q, Ky aast 3 .
C, B. & y. Ry., west 1 .10 . .
C, R. I. ft P.. cast.... 4 , .
C, R. J. P., west.. 1 . " .
Total receipt 10 66 4 1
DISPOSITION HEAD.
Armour & Co
Cudahy Packing Co.
Dold Packing Co
Morrla Parking Co
nwirt A Co
J. W. Murphy.
Swart A Co.
Swift K. C. 130
Total ISO
Chicago Grab
Omaha Grain
i
78
363
603
801
405
704
3,934
Cattla About 400 oattls wera racalved
today but they wera all killed direct and
the market was nominally ateady, nothing
being on sale. . The week's recalpts of
11,200 head ara the largest slnca April.
Corn fed cattla have been rather acarre
all weak and good kinds ara selling 100
25c higher. Common natives ara selling
on about the same basis as tha westerns
or 2 So lower than laat 'week. Western
cowa and Jietfor have been In liberal
supply and the market closed very dull
at 5076o declines. Demand for atockeri
and feeder wna good and prices ara fully
25c higher than laat week.
Quotations on rattle: Choice to prime
beeve, 11.1(01.10; good to cholo beeves,
IS. 03O1.26; fair to good beeves. 18.254
8.(0, common to fair beeves, K7.TB4tS.25;
choice to prime yearlings, 19.60 10.00;
good to choice yearlings, 19.00itj9.(0: fair
to good yearlings, $8.40jt.00; common to
fair yearlings, 17.16!. 86; good to choice
grass oeoves. s.7w7.t&; lair to gooa
grass beeves, to.7tfi.76; common to fair
grass beeves. 4.dO0.bo: Mexicans. M.suw
0.00; choice grass heifers, $6.00 6.(0; fair
to good grass heifers, ll.00fPC.no; Rood to
choice grass cows. (S.26W6.76; fair to
good grass cowa, $4.006.00; common to
fair grass cows, 12.00lfiil.7ll; cholc to
prima feeders, 17.75JJS.25; good to choice
feeders, I7.00O7.76; fair to good feeders.
$0.00)97.00; common to fair feeders, 16.00
5.75; good to choice Blockers, $6.25
7.00: fair to good atockors, $(.60t?!.25:
common to fair atockera, 34. 76 0 5. r" stock
cows, $2.764.00; stock heifers. 14.009
6.50; stock calvea, $4. 60'.'. 26; veal calves,
f4.008.(0; bulls, stags, etc.. $1.1004.60.
Quotations on sheep and -lamb! Fat
lambs, westerns. 19.25010.36; fat lamba,
natives, $8.7((j9.(0; feeder lambs, $7,000
t.00) cull lambs, $5.00(.(0; fat year
lings. 15.50W8.76; fat ewes, $3.26l6.10;
fed ewes, $2.2(01.26; cull ewes, $1.(0,
Hogs With 4,(00 hogs on sale this
morning, tradlnc was rather quiet, but
price were well maintained and most of
the supply sold at figures steady to about
lOo higher. Shippers bought rather spar
ingly and demand from packer was also
limited. Best light hogs made a top of
$10.76, and bulk of the reeeipta aold from
$8.7(010.00. The market this week has
been featured by a. higher tendency on
early days, followed by reaction. Current
prices are anywhere from strong to 1 5c
higher, as compared with a week ago,
and the advance Is more clearly shown
on hogs of bacon weight.
No. At.
63. .12
67. .28
67. .296
48. .214
46. .227
66..2SC
(15. .263
27. .271
42..19S ,
82. .100 '
66'... HI
11,. ".IS
i(...9$
Bh,
70
140
(0
140
40
70
Pr.
II 70
1 16
S 16
t 06
15
9 25
40
9 (0
I 65
10 10
10 40
10 60 .
10 75
No. Av. Sh. Pr.
41. .333 .. $1 76
11. .144 70 1 10
11. .$0$ .. I 00
82. .272 140 I 10
28. .268 70 9 20
40. .298 ... 9 25
' 68.. 255 .. 9 46
72. .218 40 9 65
71. .242 .. 9 75
" 78. .214 80 10 20
' 70,. 241 40 10 45
70. .111 .. 10 60
s. ,n and Lambs About 1.000 aheep.
SsnoUy wethers, were received today and
prirts were ouotably steady. Fat Idaho
wethers moved at $5.25. Blight Improve
ment has been shown In fat lamb trade
during the week and good lambs, now
selling up to $10.264910.40, are about 15o
higher for the week. Fat sheep have
been relatively scarce with good ewea
bringing $5.00 and aged wether up to
$6.00. These price are steady or very
nearly so. Feeder trade shows a little
more activity at advances of 3560o on
thin lambs. Best feeders have advanced
to $7.768.00.
' Quotations on sheep and lamba: Fat
lambs, westerns. $9.2510.40: fat lamba,
natives, 18.759.50; feeder lambs, $7.00 (ip
8.00: cull lambs, $5.006.5O; fat year
lings, $5.506.75: fat ewes, $3.256.25;
fed ewes, 2.253.25; eutl ewes. $1.50.
Chicago Uve Stock.
Chicago, Aug. S. U. S. . Bureau of
Markets. Cattle Receipts, 500 u head;
compared with week ago, belter &rle
of beef steers, strong. 25 to 60o higher;
In between kinds, steady to strong; com
mon and grassy. 26 to 50c lower; best
grades fat she stock,' steady; others, 60
ot 70e lower; canners and cutter, 25 to
60o -lower; bulk veal calves, 50 to 76c
lower, stocker and feeders about steady.
Hogs Receipts, 3.000 head; active, un
even; opened strong to 16o higher than
yesterday's average. Holdover moderate;
top. 111.16 one load: bulk light and light
butchers, 110.5011.10;, bulk packing
sows. $8.159.00; pigs, JS to 60c lower;
desirable pigs, mostly $9.259.75.
Sheep Receipts, 1,000 head: compared
with week ago good fat native lambs, IS
to 50o higher; westerns, (0 to 7(c up; fat
sheep mostly 2675o lower, some
heavies and medium weight ewes off
more, little feeder trade, few "fhter 25
to (Oo higher; breeding ewee about steady.
fr Kama CKy live Stock.
Kansas City, Aug. .-tO. 8. Bureau of
Markets) Cattle Receipts, 600 head, for
week: Better grade beet steers trong to
60c higher, mostly 15 to higher
others mostly weak to 25o ow"V ".
off more;. fat.he-stock, 25 to 75c lower,
canner weak :to 26o lower; bulls, e
Tower; eles. 250 to $1.60 lower; bulk
down owe w .wwn - v,
mostly steady to 25o higher; heavy
feeder up more; tock cowa and atock
calves steady to 25c lower.
Hgs-Recelpts. 260 head; Benerally
.teady with yeaterday's average; mixed
loads, weight 200 to 250 pounds. Sl.SSg
25; top. I10.2C bulk of ales, $2.90
i9Sheep-Receipt. , head; for week,
sheep Speedy to 2(0 higher, lamb, fully
76c higher.
. S' !JflR.oelDt..
bioux wy. u. ."i-r-rv". . :-.k
head' market coiupw;" vw -
CoJifeds 2650e higher:, grass.r.
i .. sir-, si bucvv.iio;
zafrDUC lower, ucc .
blockers, steady to 26o lower: fat cows
and heifers, 4.uw.wi """"., so
4 00- veals. 4.007.00: grass cows, $3.60
6 00? ceV I3J.0 6.60: feeding cow.
and heifers, $2.(05.00; stocker. $4.00
too
go
Hogs Recelpes. J.10 head; market for
lights, 2636o lower: heavle. steady. 15e
higher; light, 19.754J10.25; mixed. 11.76
9.76; heavy, $8.009.25; bulk ot ale,
$!.50f.t0.
8heep tNot quoted.
St. Joseph live Stock.
St Joseph, Aug. 6. Cattle Receipts,
200 head; market, nominal; ateers. $6.(0
10.00; cow's and heifer. $6.009.(0;
calves, $(.007.60.
Hogs Receipts. 2,000 head; market for
shippers. 20o higher; packers, steady to
tc higher; top. $10.70; bulk. $8.75
SO 70.
Sheep Receipt, none; market, nominal;
lambs, $9.26010.25: ewee. $4.0085.50.
Turpentine and Rosin.
Savanna.i. -... Aug. ( iurpentine
Market firm, 66c; salea, 161 barrela;
receipts, 581 barrels; shipments, 1,(86 bar
rels; tock. 7,129 barrela
Rosin Market firm; sales, 211 cask;
receipts, 1,850 casks; shipments, 11,211
casks: stork. 71.598 casks.
Quote: B. $3.82-4; D. 13.36; E, $3.40; F,
'! a. 15: I. IS.: K. 11.91; M.
$4.00; N. 4.20: WO. .t0: WW,. $6.60.
New York Dried Fruits.
New Tork. Aug. 1. Apples Evaporat
ed, steady.
Prunes Steady.
. Aprloots Firm.
- Peaches Quiet.
Raisins Steady.
liberty Bond Price.
New Tork. Aug. . Liberty bonds, closer
2H. 18.40; first 4s. 17.72 bid: second 4s.
17.62; first 4H. 17.12: second 4s. (7.70;
third 4tts. 91.94; fourth 4 Ha. 17.10; Vic
tory IKs, $1.14; Victory 4 a, 11.14.
Laadoa Money.
London, Aug. . Bar Silver 38 lio per
one , t
Money 3 per cent.
Discount Ratw Short bills, 4 1-11 per
cent; three months bill, 4 per cent.
T
By CHARLES D. MICHAELS.
Chicago Trtbune-Omh Bee leased wire.
r'u: . i .
v.im.diso, jug. o. aii overdue
rally came to the irrain markpts in
the late , hour of trading after an
early break that carried prices for
September corn and oats to new
low ievelg. . Wheat made the best
finish, with gains of l$4c, while
corn was lie higher to .Jic lower,
oats 54 c higher, and rye unchanged.
aiauinR was mainiy in evening up
for the week, the support coming
iiujii ouying against weekly bids in
wnicn mere was a profit.
Considering the denressine fae
tors, the light outside support and
the heavy unloading by leading
tongs, me markets gave a good ac
count of themselves during the
week. Wheat showed losses of only
iKc, corn JiJc, oats VAy
rye may2c, Daney 1c, pork 15c,
lard 45fni7Ar nn ! iott (..
tures and unchanged ' for January,
ana snort riDs JSCaic, compared
wim a week asro.
The decline in wheat prices con
tinued to bring in good buying by
exporters, but failed to help the
markets speculatively. There were
sales Ot l.UUU.UUU bushc s for .xnort.
Cash prices generally were weaker
and lower, although premiums here
were tirmer on hard winters. At
Kansas City 548 cars were received
and 230 carried over from Friday
unsold, with 1,000 expected Monday.
iMevaior room mere is scarce and
terminals are said to be blocked.
' Movement Fulling Off.
Aside from the export business and the
wheat figures, there was little In the
market news. The winter wheat move
ment 1 falling off. Chicago had 1.2S7,'Jto
bushels less than the previous woek, or
4,287,000 bushels, while primary receipts
were 17,956,000 bushels. 7.(74,000 buenels
more than last year and 4,241,000 bushels
tens man me previous week.
Prices were the lowest of the week In
th early trading, with September down
to $1.18 and December $1.22, a rally oj
lft'ic from the low point, and the
close hiQfm from the top.
The corn market wan weak early on
soiling, due to the posting as out of con
dition ot 509,000 bushels In South Chioago
Elevator C and annex. There was heavy
buying by local professionals who had
recently made liberal sale and a great
deal of liquidations which carried Sep
tember down to 65 He, with a rally of la
later, while December, after touching 5Go,
rallied lHc, and both months closed
slightly below the top. The week's re
ceipts show a decrease, but a larger busi
ness Is expected.
Oats Price Advance.
Spreaders and changers furnished a
large part of the business In oats. There
was selling ot a large line against pur
chases of eorn by local traders and buy
ing of September and selling of Decem
ber and vice versa, by elevator Interests
and speculators at 3c difference. Th-s
market was oversold on a decline to 3
per cent for September, the loweet of the
season and a covering movement brought
an advance of cf with the close at
nearly the top. The week's movement at
primary points was 9.875,000 bushels
more than last year and about a record.
Aside from a little selling of Septem
ber and buying . of December rye at lc
difference by local elevators and the sell
ing of rye and buying of v.-lieat at 14o
difference by speculators, ttnre was little
In the rye market. Price! inovet up lo
and closed Ho from the top. Ship
ment by lake for the week were 474,000
bushels. and total receipt 462,000
bushels.
Pit Notes.
A number of grain dealers were dis
posed to take a brighter view of the it
bearish at the close
today, while a - few were outspokenly i
bullish. The rally at the close was re
garded es mainly . a covering proposition
and It was said that increased miying
power would be necessary to nom prices
at around the present level. One of. the
largest operators expressed himself as not
bearish, although he has been all week,
and added that he saw nothing on which
to base purchases for a good advance.
The trade, on the whole, was more
evened up at the finish than for a long
time.
. Country offerings of all grnins were
lighter, which was attributed to the de
cline in price. The receipt on Monday
are expected to be large, but not up to
the recent volume.
Corn prices have declined to a level
where some of tbe largest sellers are dis
posed to take profit. Oat values ore
down to a level where the farmer gets
less than 25 rents and are largely a
carrying proposition.
Estimates on the barley crop by E. P.
Bacon company of Chicago, Milwaukee
and Minneapolis show decreases of 4
lo 11 per cent In the acreage, with yields
ranging at 15 to 60 bushels per acre, ex
cept in South Dakota, whera they are
6 35 bushels, or an average of around
20 bushels or 44 per cent less than last
year. In Iowa the loss Is 3 bushel
per acre, as compared with last year.
Grain shipments from Chicago by lake
last woek were 6,464.000 bushels, mostly
wheat and corn. There was 405,000
bushels of rye shipped to Montreal and
16,000 bushels to Buffalo. This grain
was taken In recently on July delivery
and Is bolng exportedd. Total shipments
of all grain Dy lane ana ran were i.
163,000 bushels and receipts. 12,798,000
bushels. There were 7,644 car of all
grains on track here yesterday, as against
11,100 cars on Monday.
Broomhall'i Italian agent has raised
hie estimate on the wheat crop of that
country by 8,000,000 bushels, but the
Spanish crop has been cut down around
20,000,000 bushels, due to disappointing
threshing returns.
Omaha Hay Market.
Upland Prairie Hay No. 1, 110.60
11.50; No. 2, $8.509.50; No. 3, $7.00
8.00.
Midland Prairie Hay No. 1, $10.00
11.00; No. 2. $7.509.00; No. 3, $6.60
7.60.
Lowland Prairie Hay No. 1, $7.50
$.60; No. 2, $6.607.60.
Alfalfa Choice, $17.0011.00; No. 1,
$15.00lt.(0; standard, $12.0014.00; No.
2, $8.0011.00; No. 1, 7.001.00.
Straw Oats, $8.001.00; wheat, $7.00
8.00.
Omaha, Aug. 6.
Wheat receipts today were liberal
with arrivals 271 cars against 275
cars last Saturday, and 158 cars a
year ago. Corn arrivals today were
89 cars and oats 22. Wheat prices
were unchanged to a cent higher
compared with yesterday's late mar
ket. Corn ranged !c higher to 54 c
lower. White was unchanged, yel
low unchanged to J4c lower and
mixed 5-Sc to lc higher. Oats were
unchanged. Rye and barley were un
changed. WHAET.
" No. 1 hard: 1 car (79 per cent dark).
$1.13; 2 car (dark, smutty), $1.10; 4
cars. $1.09; 1 car (smutty), $1.09; 2 cars,
$1.08; 1 car (smutty), $1.08; 1 car (smut
ty), $1.08; 1 car (yellow), $1.07; 1 car
(yellow, smutty), $1.07.
No. 2 hard: 1 car (dark), $1.13; 1 car
(77 per cent dark). $1.12; 2 cars (dark,
smutty), $1.11; 1 car (dark), $1.10; 1 oar
(dark, smutty). II. lo; l rare (oaric. amui
ty). $1.09; 1 car (smutty), $1.09; 1 car
(dark). $1.08; ( cars, $1.08; 2 cars Hsmut
ty). $1.08: 2 cars. $1,074: 19 cars, $1.07
7 care (smutty), $1.07; 1 car (71 per cent
dark, amutty), 11.07; 3 cars (yellow),
$1.07: 3 csrs (yellow), $1.06 M; 39 cars
(yellow), ii.oj. p
No. 3 hard: 1 car (dark, smutty). 11.12
1 car (dark, smutty). $1.09: 1 car, $1.09
2 cars (amutty). $1.09: 1 car (choice,
heavy),; $1.09: 3 cars (dark, smutty),
11.08; 1 car, 11.01; 1 rar (smutty), $1.08
1 car (71 Per uent'dark. smutty). 11.08: I
cars. $1.07: 4 cars (smutty). 81.07; 1 car
(smutty). (1,06; 25 cars (yellow), 11.05; 1
car (yellow, smutty), si. us.
No. 4 hard: 1 ar (dark. .smutty). 81.09
1 rar (smutty 11.06; 1 car (70 per cent
aaric, smutty), (l.vs; i car (S.T ids.
per cent rye, smutty), $1.06; 1 car (yel
low), 81.05; i car (yellow, heavy), $1,05
3 cars (yellow). $1.04.
sample nam: i car (55.3 ids.. 7.4 per
cent rye), ji.uu; i car (smutty), ii.uk.
Sample spring: 1 car (47.2 lbs.), $1.07.
No. 2 mixed: 1 car (no tonnage), $1.06
jvo. mixea: i cars. si. 05.
CORN.
No. 1 white: 12 cars. 46c.
No. 3 white: 3 cars. 4 fie.
No. 3 white: 2 cars, 450.
No. l yellow: a cars. 4714c: 3 ears.
41 HO.
No. I yellow: 1 car, 48c (special billing).
No. 1 mixed: 2 cars, 46c.
No. 2 mixed: 1 rar. 46c.
No. 3 mixed: 1 car, 46c; 2 cars, 49 tte,
No. 6 mixed: 1 car, 45 Vic
OATS.
No. 3 white: 1 car. 31 c: 1 car. 31c:
i car, ottc: i can avc.
No. 4 white: 1 car. 30c; 2 cars, 29c
Sample white: 1 car, . 25c (20U lbs.
damp).
nyis.
No. 2: t car. 96c.
No, 3: 1 car, 96c.
BARLEY.
No. 3: 1 car.'' 49c-
Omaha Receipts and Shipments.
Receipts: Today Wit. ago l'r. ago
Wheat 271 275 158
Corn 89 . 71 18
Oat 23 ,1 l
Rye .6 4 7
Barley 6 2 1
Shipments: Toaay vvk. ago ir, atro
Wheat 180 181 u
Corn 7 63 ;'4
Oats 9 11
Rye 0 1 ., 0
Barley i
CHICAGO CAR LOT RECEIPTS.
Week Tear
Receipts Today. Ago. Ago.
Wheat 315 679 - 194
Corn 122 "3 'J
Oats 430 461 158
KANSAS CITT RECEIPTS.
Today.
Wheat
Corn
Oat 45
ST. LOUIS RECEIPTS.
Week Tear
Today. Ago. Ago.
Wheat 213 327 . lis
Corn f( "
Oats 84 66 37
NORTHWEST S KBUUins -t nno".
llln. 381 320 o
lluhlth Ill 65
Financial'
Kansas City drain.
Kansas City. Aug. 6. Wheat Close:
September, 11.0111 ; December, $1.13.
Corn September, 46c; December
48 He.
165
PRIM ART RECEIPTS AND SHIPMENTS.
Ruceints roaay. ii, s".
Wheat .......
Corn, ........
Oats . .'
Shipments
Wheat Corn
Oats
66
...','S,6S.00C
.... 643.000
....1,530,000
1,527,000
259,000
- 562,000
Wheat
.2,408,000
657,000
294.000
rvnT rt.KARANCES.
425,000 . 1,073,000
938,000
320,000
319,000
CHICAGO CLOSING PRICES.
By Updike Grain Co. DO. 3627. Aug. 6.
Art. Open. I Hlgh.l Low. I Close. I TeBt
WhU
Sep. .
Dec.
Ry
Sep.
Dec.
Corn
Sep. '
Dec.
Oat
Sep.
Dec.
Pork .
Sep.
Lard
Sep.
Oct.
Jan. .
Rib
Sep.
Oct.
l.HH 1-2054 111 I-2'
1.18 114
1.81V, 1.2SV4 1.21 1J2
1.22 123
1.08 1.09 1.01 1.08
1.08 1.08 1-07 1.08
.56 .57 .65 -56
.66
.57 .67 .56' .66
.66
.36 .36 .36 .26
.36 2Jl
.39 .39 .39 .89
:3 39 .39
18.55 18.65 18.65 18.55
11.25 11.65 11.25 11-65
11.40 11.76 11.40 11.70
10.27 10.27 10.27 10.27
10 40 10.40 10.40 10.40
10.25 10.25 10.26 10.25
1.18
1.18
1.21
1.22
1.08
1.08
.56
.66
.57
.57
.36
"39
.39
18.55
11.30
11.40
10.20
10.30
10.17
Minneapolis Grain.
Minneapolis. Aug. . Flour Unchanged
to 25c lower, In carload lots, family pat
ent quoted at $8.25 a bbl. In 8-lb. cot
ton sacks.
Bran $15.00.
Wheat Receipts, 316 ears, compared
with 283 cars year ago. Cash: No. lorth
em, $1.301.3(; September, $1.25;
December. $1.26. ......
Corn No. 3 yellow, 4950e.
Oats No. 3 white. 3014 31c.
Barley 39 69c.
Rye No. 2, 99c $1.00.
Flai No. 1, $1.961.97.
St. Louis Grain. ,
St. Louis, Aug. 6. Future closed:
Wheat September. $1,17 asked; D'
cember. 11.21 bid.
Corn September, 63o asked; Decem
ber, 64 c.
Oats September, 33c; December, 30c
bid.
Unseed Oil.
Duluth, Minn., Aug. 6. Linseed On
track and arrive, $2.00.
Grand Iclailfl ffebraska'g THIRD CITT, with an of.
UianU ISiailU fldBl population of 13,797. Grand
Island'! business enterprise corresponds with her population
rating. This city Is the home of a Baptist college and a hnsl
ness college, and an important railroad center. There'i a fine
lighting system in Grand Island.
Wellington Inn
OMAHA,
FARXAH AT J ST II.
The WELLINGTON INN
has business enterprise
tDe equal of any hotel in
the united States.
The WELLINGTON'S up-to-date
dining room and
restaurant have such
good food that if you
ever go once, you'll go
again.
On depot ear lines.
. j jo Restful Rooms
at Reasonable Rates ,
Detached Bath. $1.30 (0 82.00 Private Bath, S3.50 la 3-0O.
By ALEXANDER DANA NOYES
Chicago Tribune-Omaha Bee Leased Wire.
New York, Aug. 6. The two
nost interesting movements on the
financial markets today were the
further recovery in sterling, which
carried rates a full cent over Fri
day's closing and 5 cents above the
low level of the close of June, and
the continued strength of the cotton
market, in which the spot price
closed at 13 1-2 cents per pound,
as against the year's low figure of
10 7-8 cents, reached seven weeks
ago. The stock exchange presented
the usual picture of a midsummer
Saturday. Changes in price were
mostly trifling fractions and the
drift of values meaningless.
Market Irregular.
Compared with the closing price of a
week ago, the market shows very Irregu
lar changes. Declines and advances
fairly balance one another and the move
ment as a whole shows no great result
from the attempted resumption of the
"campaign of rumors." There has, how
ever, been evidence enough that the for
ward impetus had slackened, which
usually means that the next movement of
the mraket will depend on the character
of the news. The bond market move
ment for the week, as a whole, was dis
tlnctly upward.
Deposit reported In the weekly state
ment of the associated banks decreased
9t), too.uou, out government aepoaitsnn
creased $112,000,000. The loans haveVin
ereased $45,322,000 and the excess of
loans and Investments over all deposits Is
therefore larger. The excess is now.
however, $543,000,000; at the end of De.
cember it was $877,000,000. The excess of
loans used to be considered a measure
of the strain on credit. Reserve credits
of private banks In the federal reserve.
which decreased $20,800,000 a week ago,
Increased $22,200,000 last week. This is
the usual sequel to a "deficit week;" it
changed a $13,300,000 deficiency In re
serve Into a $19,700,000 surplus.
Standard Oil Stocks.
The following quotations are furnished
by Logan & Bryan. Peters' Trust building
Anglo 16 0 15
Borne scrymser 3tu 36
liuckeye 80
Chesebrough .160
New York Quotations Bonds and Notes
Range of prices of the leading atocks
furnished by Logan & Bryan, Peter Trust
building:
RAILS.
High Low .Close Frl.
Close
A, T. & S F 84 84 14 84
Baltimore & Ohio 38 -38 .8 38
Canadian Pacific. .113 113 113 113
N Y Central 70 70 70 70
Ches & Ohio 56 (6 (5 6(!
Krie K K 13
ut Nortivn, pra.
Chi Ut Western.,
Illinois Central ..
Kan City South'n.
Missouri Pacific.
N Y, N H & H...
North'n Pacific Ry 71
73 73 73
94
25
20
161
Chi & N W.
Ponn R R
Reading Co
C. R I & P....
South' Pac Co,..
South'n Ry
Chi. Mil & St P.
union Pacific.
Wabash
65
37
69
33
.. 77
20
94
26
20
16
76
94
26
20
16
78
66 5
87 37
09
73
7
94
25
20
1
76
66
87
6
32 32
76 76
20 20
26 27
95
.100
. 26
.115
. 75
. 32
. 90
. 87
.1(0
. 75
Chesebrough, pfd
Continental
Crescent
Cumberland
Eureka
Galena, Com
aalena Old, pfd....
Galena New, pfd...
Illinois Pipe .......
Indiana Pipe
National Transit ..
New York Transit .
Northern Oil
International Pet..
Penn. Mex
Prairie Oil ........
Prairie Pipe
Solar Ref
Southern Pipe 78
South Penn. Oil 180
S. O. Penn. Oil..
S. O. Indiana
S. O. Kansas
S. O. Kentucky
S. O. New York w
S. O. Ohio
S. O. Ohto, pfd
Swan and Finch
Vacuum
Wahshlngtnn
S. O. Nebraska
82 '
180
98
110
28
0125
79
34
94
90 "
fi'154
W 77
22 23
.140 0160
S260
n Jlffl
22
(f430
ffl90
350
80
185
60
70 (9 70
.540 550
400
314
W380
110
(p) 35
270
20
1C5
250
.. 11
.. 19
..420
..185
..335
57
..390
..310
..370
..107
.. 30
..260
.. 25
..165
Foreign Exchange Rate.
Following are today's rates of exchange
as compared with the par valuation. Fur
nished by the Peters National bank:
far
Valuation., Today.
Austria '.
Belgium
Canada
Czecho-Slovakla
Denmark
England
France ,
Germany
Greece
Italy
Jugo-Slavla
Norwap . -...-
Poland
Sweden
Switzerland
.. .30 .0013
,. .19$ .0748
,.1.00 .8976
,. ... .0128
. .27 .1640
,.4.86 ' 3.61
,. .193 .0778
,. .288 .0124
,. .195 .0555
. .196 .0431
,. i.. .0068
7.-. .1280
. ... .0006
, .27 .2055
. .195 , .1662
New Tork Curb Stocks.
The following quotations are furnished
by Logan & uryan:
Allied Oil
Boston Montana
Boston Wyoming
Cresson Gold
Ccsden Oil -.
Consolidated Copper ...
Elk Basin
Federal Oil
Glenrock Oil
Merrlt Oil
Midwest Refining Co. .
Silver King of Ar'ona
Sapuipa Oil
Slmms Petroleum
Tonopah Divido
U 8. Steamship
V. S. Retail Candy ....
W'hite Oil
. 4 6
.67 69
. 72 74
. 1 1
. 5(3 6
. 1 1
. 6 6
. 1 1
.92 95
. 7 8
.135 0146
.10 20
.303
. 6 6
.78 80
.38 35
. 6 6
. 8 1
Chicago Produce.
Chicago. Aug. 6. Butter and Eggs Un
changed.
Eggs Receipts, 6,4us cases.
Poultry Alive, lower; fowls, 2027e;
broilers, 27c.
Bar Silver.
New Tork, Aug. 6. Bar Silver Do-
mestic, 99c; foreign, 61c; Mexican
dollars, 47c.
69
32
76
19
26
.119 119 111 120
s j
STEEL. v
Am Car Fdry.,124 124U 125 124 Vi
Aius-unaimers Airg
Am Loco Co 85 84
Bald. Loco. Wks.. 77 76
Both. Steel Corp.. 60 49
Crucible Stl. Co... 54 54
Am. steel round.. . ....
Lacka'na Steel Co - ....
Mid. Stl. & Ord... 24 24 24
Tressed Stl Car Co
Rep. 1. & Steel Co. 46 46 46
Ry. Steel Spring ....
Sloss-Shef. S. & I
U. S. Steel 74 74
85
77 -(0
(V
105 105 105 105
34 Vi 33 3to
COPPERS.
An aeon. Cop. Mln. 36 35
Am. S. & Rfg. Co. 36 86
B. A 8. Mln. Co
Chile Copper Co... 10 10
Chlno Copper Co.. 22 22
Insp. Cons. Cop..,. 33 32
Kennecott Copper 18 18
Miami Copper Co.. 20 20
Nev. C. Cop. Co
Ray C. Cop. Co.... 12 12
Utah Copper Co... 46 46
INDUSTRIALS.
Am. Beet S'r Co.. 29 29
A.. O. A W. I. 8. 8. 23 22
Am. , Inter. Corp. 33 33
Am. Sum. Tob. Co. 49 48
Am. Tel. & Tel..
Am. Agr. Chem.
Roach Magneto .
American Can Co. 26 36
Chandler Motor ,. 49 48.
Central Leather .. $2 32
Cuba Cane Sug
Cat. Pack. Corp. ..40 60
Cal. Pot. Corp. ... 31 33
Corn Pro. Rfg. ... 68 17
Nat. Enam.-Stmp,
Flsk Rub. Co. . . .
Gen. Elcc. Co.. ..
Gt. North. Ore. .
Gen. Ms. Co
Goodrich Co. ....
Int. Har 73 72
U. S. Ind.. Al 49 48
Int. - Nickel . ...... 13 .13
Int. Paper Co 60 - 50
Island Oil 2 i'h
A.tax Rubber Co.
Kelly-Sprlngfleld
71
36
36
io"
32
33
11
20
12
46
39
23
33
49
30
83
77
60
24
39
24
60
46
' 77
34
74
31
36
13
10
32
33
18
20
10
12
47
21
33
49
26
49
32
60
33
48
9 9 9
118 117 118
28 28 28
10 '10 10
73
49
13
50
2
8
27
48
23
10
61
34
17
. 48
9
118
27
10
.32
78
48
13
51
2
Th following quotations furnishsd by
th Omaha Trust company! .
Appg.
Rid Asked Yid.
Am. Ag. Ch. 7, 1141.. 90 17 7.80
Am. T. T. Co. la, 1922 98 99 1.00
Am. T. A T. Co, 6, 1924 97 .97 7.06
Anaconda 7s, 192$. ...... 98 93. 8.11
Armour 7. 1!0 17 17 7.31
Belgian Govt. 8a, 1941. ..100 100 7.90
Belgian Oovt. 7. 1941.101 102 7.30
Beth. 8tel 7s. 112$ 9 99 7.27
British (. 1921........ 91 99 6.20
British s, 192$ 88 89 7. 24
British (. 1937 17 81 1.76
C. a & Q. Jt. (s. 1931.100 101 6.40
C O. C. A fit U 6s, 1129 $0 90 760
Chile 8s, 1941 98 98 1.16
Denmark Is, 1145. ..... .103 102 7.80
French Oovt Is, 1945.... 100 101 7.90
B. F. Goodrich 7s, 1926.. 91 91 9.70
Gulf Oil Corp. 7s, 1933... 97 91 7.25
Jap. Govt. 1st 4. '1125 86 85 9.46
Japanese Govt. 4s, 1931.. 70 70 8.56
Norway 8s, 1840 101 104 7.60
N. B. Tel. Co. 7s. 1941... 102 102 6.76
N. T. Central 7s, 19S0...101 102 8.65
Packard Is, 1131 96 96 8.65
Penn. R. R. Co. 7s, 1930.101 103 6.48
S. B. Tel. Co. 7s. 1926... 97 98 7.65
Swift A Co. 7s, 1925 97 97 7.75
Swiss Govt, 8s, 1940 105 106 7.40
Tdw'terOil Co.. 6s, 1930 95 96 8.86
' - Chlcan Stack. "
Th following quotation are furnished
by Logan A Bryan:
Armour A Co, pfd..
Armour Leather Co. com..
Armour Leather Co. pfd..
Commonwealth Edison Co.
Cudahy Packing Co. com.
Continental Motors , t
rtman Corn. com.... 75
bby. McNeil A. Llbby 9
ontgomery Ward Co 18
National Leather
Reo Motor Car Co.
Swift A Co
Swift International -
Union Carbide A Carbdn Co
Nebraska Men
To Seek a Cut
In Grain Rates
91
12 ....
84 ....
69 ....
55 0 56
6
7 8
18 19
96 ffl 97
35 ....
46 ....
Omaha Produce
40
12
40
12
40
13
61
62
67
20
65
30
77
(7
7
34
44
70
26
6
36
48
14
61
62
66
20
66
30
77
67
7
34
17
31
35
44
70
40
ii, T.,rnlnm. . .106i 104Vi 104 105
Middle States Oil 11 11. "
Pure OH Co 27 38 26
Willys-Overland .. 6 6 6
Pacific Oil 36 35 . 36
Pan-Am Pet, Tran 48 47 47
Pieroe-Arrow Mot
Royal Dutch Co.. 61 50
U S Rubber Co.... 62 61
Am Sua- Rfg Co.. 67 66
Sinclair Oil A Rfg 20 20
Sears-Roebuck Co. 65 64
Stromsberg Carb.. 30 30
Studebaker Corp... 78 77
Tob Pdcts Co 67 57
Trans-Con'tal Oil. 7 7
Texas Co 34 34
U S Food Pr Corp
White Motor Co
Wilson Co., Inc
West'gh'se El, Mfg 44 44
Am Woolen Co... 70 70
Total shares sola. 143.4UU.
Money Friday' close, 6 per cent.
Sterling Close; $3.69; Friday' close.
$3.69.
. New Tork Cotton.
New York. Aug. 6. After yesterday's
strong advance and while southern spot
markets snowed general ana rirong up
turns last night, there was enough active
southern selling at the opening of the
New York cotton market to check further
advance and weaken first prices at 5
nolnta. The early buying was by local
and Wall street Interests. Gusslp around
the ring laid stress on the weaker tech
nical position as a result or yesterdays
covering of a big line credited to a Wall
street operator.
After early realizing aaie naa oeen
absorbed, prices showed renewed firm
ness on reports of an active spot demand
in the south yesterday and complaints of
continued croD deterioration. closing
steady, net 8 cents . higher to 3 lower.
New Tork General.
New York, Aug. ti. Wheat Spot,
steady; No. 2 red, $1.32; No. 2 hard,
$1.33; No. 1 Manitoba, $1.72 and No.
f mixed durum, $1.36 c. I. f. track.
New York, to arrive.
Corn Spot, easy; No. 2 yellow and No.
white. 79o and No. 2 mixed, ,uc
c. I. f. New York;' 10-day shipment.
Oats spot, barely steady; no. 1 white,
51 c.
Lard steady: middiewest, $12.00
12.10.
Other article unchanged.
Chicago Potatoes.
Chicago. Aug. I. Potatoes Receipts,
65 cars, market strong, 25 to 30c higher;
Kaw valley early Ohio sacked, $2.00
2.25 cwt.: Nebraska. $3.1003.25 cwt.;
Idaho. $3.2503.86 cwt.: Virginia eastern
stars. 5.006.15 barrel.
Fruit and vegetable quotations fur
nished by th Glllnsky Fruit company:'
Fruits Bananas: Per pound, 8c. Grape
Fruit: California half, boxes, $2.50. Lem
ons: Golden Bowls, $10.60; Silver Cords,
$10.00. Oranges: 126-160-176, $7.00; 200-216-250,
$7.00; 288, $6.75; 324, $6.(0.
Peaches: Foley's Elbertas, $1.60. Pears:
California Bartletts, $4.25; Washing Bart.
letts (Thursday), $3.(0. Grapes: Thomp
son Seedless, $3.00. Plums and Prunes:
Giants, $3.00; Gross, $8.(0; Grand Duke,
$3.00; Blue Diamond, $3.00. Cantaloupes:
Arkansas Standards, 33.00: Arkansas
Flats, $1.00; Turlock Standards, $3.60;
Turlock Flats, $1.60 Watermelons: Crt.
Lots, per pound, 3c. Honey Dews: 6-8-10
to' crt., $3.00. Apples: 163 and larger
Wlnesaps, $2.26;. 175 and smaller Wine
saps, $2.75; Michigan baskets (new),
$3.50; California Grovensteins, per box,
$4.25.
Vegetables Potatoes: Home Grown,
per lb., 2c. Sweet Potatoes: Hpr., new
stock, $2.(0. Cabbage: Crt lots, 4c;
small lots, 60. Onions: Bu. basket (Span
ish Seed), $2.50; sack Yellow, 4c; (mall
lot Yellow, 6c.
Celery Michigan, per doz., 75c; repack
Baskets: Crates (250 baskets), $3.60.
Peanuts: 10-lb. can Salted, $1.50; 15-lb.
cart Salted, per lb., 12c; 50-lb. pall Salted,
per lb., 12c; 60-lb. cart Salted, per lb.,
llc; 175-lb. barrel Salted, per lb., lie;
No. 1 Roast, 9c; No. 1 Raw, 11c; Jumbo
Roast, 14c; Jumbo Raw, 17c.
Wholesale price of beef cut, effective
August 1, are as follows:
Ribs No. 1, 18 c; No. 2, 18c: No. I,
13o.
Loins No. 1, 25c; No. 2, 24c; No. 3,
17c.
Rounds No. 1, 12 c; No, 2, 19 c; No.
t. 16 o.
Chucks No. 1, l!c; No. 2, 13c; No. 3,
9c
Plate No. J, 6c; No. 2, 6c; No. J,
$c.
"" mm mm mm m mi
IS' 4 -
I '.-"
I Omaha Stock &
l
Bond Company
I Peters Trust Bldg., Omaha
I We Buy and Sell
1 1 LOCAL SECURITIES 'I
7fl f tVf W "1 fjaj -ai fh.1fa, 4) I
MUNICIPAL BONDS I
Representatives of Grain Ex
change and Farm Federa
tion to Appear Before
I, C. C. on August 15.
Nebraska will be well represented
before the Interstate Commerce
! commission at Washington, August
IS, when a hearing will be. held in
connection with a demand for the
reduction of rates on - grain, grain
products and hay from all , of the
surplus grain producing states. This
hearing will be of far-reaching im
portance and will be of interest to
thousands of farmers in this vast
grain belt. '
J. A. Kuhn, traffic nUnager ot me
Omaha Grain exchange, and Attor
ney J. E. Deweese of the Farm
Bureau federation,, were in confer
ence Friday with ' members of, the
Nebraska State Railway ( commis
sion, examining and ' discussing
voluminous exhibits prepared' by
the commission for presentation to
the Interstate Commerce commis
sion. : : ' '
Thorne A. Browne of the Nebras
ka commission will start for Wash
ington within a few days, to consult
and compare notes with commission
ers from other states. Mr. Browne
later will be joined in Washington
by U. G. Powell, rate expert, and
Attorneys Deweese and iuhn.
John W. Sliorthill of the Farmers'
Co-operative Grain and Live Stock
association, will he in attendance ut
the Washington hearing.
"These various organizations will
co-operate with a view of protecting
the interests of the Nebraska pro
ducers," explained Attorney Kuhn,
who added that since 1914 there
has been an advance of 75 per cent
in grain rates. .
The vital statistics are published
on the want ad page.
The High Cost of Living
The Low Cost off
Investing
WHILE living costs am bight
investment cost are at rock
bottom. High grade lined
stocks and bonds are on the bar?
gain counter. Turn thi condition
into financial independence for
yourself. Peter Perkins tells how,
in his fascinating book, "Getting
Ahead.' Limited edition just oft
the press. If you cad save a few
dollars a month, write for a free
copy today. ,
KRIEBEL&CO.
Invetmnt Banktrt
117 Stuth La Sails It, Chita,
CMi lasl I
Detroit eitislW St. Louis
Ciatiaasll
7
and Safety
WE suggest for your
available funds
Peters Trust 7
First Mortgage
Farm Loans. We
have invested
$100,000,000. 00 for
our clients in Farm
Mortgages without
one dollar's loss.
Ask for detailed
offerings.
Amounts from $100 up
Peters TkusT Company
Peters National Bank
I Farm Mortgage Bonds
I Foreign Bonds I
i I
roreign .xcnange
WRITE FOR QUOTATIONS Ii
I
1 1 i
f 3 0 STOCK PRIVILEGES 1 ) C
Ah PUTS AND CALLS t) L 0
V SO DAYS ODD LOTS
Best, safest way to trade. No margin.
Call possible, as risk is limited. Profit
unlimited. Ask for free booklet.
"SUCCESS IN THE STOCK MARKET"
With small outlay hundred
of dollars are made.
UNLISTED SECURITIES
KENNEDY & CO., Est. 1884
Member Consolidated Stock Exchange.N.Y
74 BKUAUWAY, INfcW YUKK.
T
Mr. Farmer:
Look Before You Leap
If a grain-pooling contract is submitted to you, do these
things for your own protection:
i Study every word
a Consult your lawyer your banker your grain dealer.
3 Ask your lawyer if it does not deprive you of all
CONTROL OF INCOME from yourgrain crops for
five years. '" -
4 Ask if there is any LIMIT to the HANDLING
CHARGES which may be imposed on you by
the pooL
5 Ask if the contract does not BIND YOU ABSO
LUTELY FOR FIVE OR MORE YEARS even if
you find it ruinous the FIRST year.
6 Ask if there is any assurance against heavy loss to you
if the pool foils. The contract protects the pool how
does it protect YOU?
rj Ask your banker or your grain dealer for literature.
8 Write executive committee, Grain Dealers' National
Association, 308 Western Union Bldg., Chicago, for
free legal analysis of sample contract
Grain Dealer? National Association
The Updike
Grain Company
Operating a large, up-to-date Terminal Elevator in the Omaha
Market, i in a position to handle your shipments in the
best possible manner i. e., cleaning, transferring, storing, etc.
MEMBERS
Chicago Board of Trade
Milwaukee Chamber of Com
merce Minneapolis Chamber of
Commerce
St. Louis Merchants Ex
change Kansas City Board of Trade
Sioux City Board of Trade
Omaha Grain Exchange
OMAHA, NEB.
LINCOLN, NEB.
HASTINGS, NEB.
CHICAGO, ILL.
SIOUX CITY, IA.
OFFICES AT
HOLDREGE, NEB,
GENEVA, NEB.
DES MOINES, IA.
MILWAUKEE, WIS.
HAMBURG, IA.
KANSAS CITY, MO.
AH of these office, except Kansas City and MO- 1
wsukee, ar connected with each other by private wir.
It will pay you to get in touch with one of eur office
when wanting to BUY or SELL any kind of grain.
We Solicit Your
CONSIGNMENTS OF ALL KINDS OF GRAIN
to Omaha, Chicago, Milwaukee,
Kansas City and Sioux City
Every Car Receives Careful Personal Attention.
The Updike Grain Company
Th Reliable Consignment House
A Change
In the Tax Laws of Nebraska
of Importance to Investors
Under recent legislation enacted by the
State of Nebraska, Nebraska municipal .
bonds are subject only to a tax of one
, mill.
They are free from all government taxes
except inheritance taxes.
They are free from both the normal in
come and surtax.
Ask for our attrac
tive list of Nebraska
Municipals yielding
from 6 to 7, .
OmahaTrust Comply b
HmMhA MstinnAl bank Rutktin iD'
1 1