Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Aug. 13, 1921)
THE BEE: OMAHA, SATURDAY. AUGUST 13, 1921. 1l 1 1 Wage Reduction Furnishes More Men With Work ( v Employes in Some Cases Earn More After Cut as Fac tories Running Nearly Full Time. By HOLLAND. From Utica, N. Y., conies a report telling of a reduction in wages paid to employes of one of the largest in dustries of the state. Seven thousand employe have accepted a reduction of wages of 10 per cent beginning September 1. These employes al ready have accepted a reduction of 22 per cent, which was made in De cember of last year. 'Therefore with in eight months the employes in these mills are to receive. nearly one third less wages than were paid to them in war days and lor the year after the armistice was signed. This action is of special significance and importance at this time, be cause it shows first of all that in telligent workingmen in some indus tries vuow understand that wages cannot be maintained at the figures established in war days, for if they are, then many thousand wage earn ers will be out of work.. ' Employe Get Mure ray. ' Then (gain by reason of this reduction in wages It wilt be possible to operate the mill not lens than five day a a week and probably five and one-half clays. There for the wage-earnt.ni who have been at work only three dHys a week will re ceive, notwithstanding the reduction, more money for each week's work than they have earned for several years. Then gain, operating these large mills to their capacity will bring back Into employment many who were laid off because It was not posslblle to operate the mills profit ably if the full number of employes were paid the high wages. When thla reduction of wagea In thes6 large Utica mills was called to the at tention of one of the ablest business men who has also been prominently associated in the past with Important financial affairs, he said that It Is ono of the most encourag ing of several encouraging evidences that perhaps the most Important of all means is under way whereby a return to pros perity can be secured, nnmely: Stabilising of wages so that they will represent parity between the cost of living as it now Is and the money received In the form of wagea. Delayed by Labor Attitude, This man went on to say that the return o business to normal conditions Is delayed by the attitude some of the labor unions are now taking. This Is especially true, he said, In the building trades and in the railroafd field. With a reasonable reduction In these two Industries there would be a revival which would justify the re-employment of many wage-erners who by reason of the high wages which are now demanded are out of work. It Is inevitable that sooner or later there be a readjustment of wages In all lndustriei and In all employment. Some who are looking ahead are apprehensive that unless there be a general reduction of wages distress will prevail next win ter because so- large a number will be forced out of employment. That will be due to the fact that the unions Insist that high wages must continue. It may be that If this apprehended distress does widely prevail readjustment of wages will be compelled. Wage Readjustment Xecessary. It has been observed here that some of the leaders In the labor unions are responsible for the fact that many thousand workingmen are now out of em ployment. In both of the industries, building and railroad, the wages demand ed by the labor leaders have entailed the throwing out of employment of many who would be glad to work if they had the chance. Furthermore rents cannot be lowered until the cost of labor In the building trade has been reduced. The testimony is emphatic, and .unanimous that the railroads of the United States cannot regain reasonable prosperity, no matter how great the aid furnished by the government may be until wages are readjuated. -4n another Industry the wage situation ntatla serious consequences, that is. tho mining, industry. The, Insistence of some of th unions, whose members are em ployed In this Industry, upon unreason ably nign wagea explains in some measure thA Msrh rnst nt coal. It also makes makes clear why so many miners are out of employment. Labor Must Be Well Paid. There seems to be no disagreement . among the leaders In the American In dustries or among the managers of the American railroads in the opinion that American labor must be well paid. The attitude of some of the leaders or labor unions at this time puzzles many business men. For while they believe that labor should be properly paid and employment secured for alt who are ready to work, nevertheless leaders In some of the unions, many of them men of in telligence, do not seem to realize that a readjustment of wages is sooner or later Inevitable and that if it comes now it will be better not only for the wage earners as a whole, but for the country than if it be delayed. Uermany now has all Its labor at work upon a reasonable basis and Is producing commodities in such magnitude and at auch low cost that It Is gradually cap- , turlng some of the large markets of the world. It may be difficult for the United States to regain what It is now losing dally on account of the high cost of pro duction because this high coRt is greatly impairing our ability successfully to i com pece with Germany and other nations In the worlds markets. The large Utica corporation la now spoken of here as setting an example which will be well worth the while of organized labor to follow in American Industries. Chicago Live Stock. ' Chicaao Aug. 1!. Cattle Receipts, 3,009: market generally steady: quality plain top steers. 110.15: bulk beef steers, 17O09 50: fat she-Block largely 8 4.00 W canneY and cutters. 2M03 50; bulk bulls, $4.606.00; good and choice ' ht veal calves, 88.00 8.60: heavies. $4.00 6.00; atockera and feeder steers. $5.00 ''Hogs Becelpts, 21,000; aotlve, opened SBo higher, closed strong ti to 60c higher than yesterdays rVerage; oldcr rate: mostly held off market: top, Ill-jo, buTk light and light butchers. M01MO; hulk sacking sows, 88.25 to $8.65, pigs mostly Voo higher; bulk desirable $9.60 "sheep and Lambs-Receipts. 6.000; half receipt packer direct; native lambs and mhiD steady: no weaterna here; lambs, SrVo lit bulk desirable kinds $10.25; culls mostly $6.00; few heavies and medi um fat ewes. $4.264.50; no choice lambs here. St. JUmla Live Stock. East St. Louis. 111., Aug. 1 3. Battle Receipts. 2,000 head. Market No na tive steer here; southwestern steers steady to weak at Thursday a decline, a few light yearling sold strong at $8.00; cow and tockers about steady. t.ulk cows. $4.0004.60; veal calf top and bulk, $8.60. . , , Hogs Receipts, 6,500 head. Market closing active, steady at day1 level; 25p 40 cents higher; top, $11.10; bulk lights. $19 7511.00; bulk mediums. $10.25 $10 60; bulk heavies, $9.50010.00; packer sows strong to 25 cents higher; pigs, 15060c higher; everything sold except southern hogs. Sheep Receipts, 2.000 head. Market Closing active, steady to strong; ship pers took best lambs, $8.5009.00; three load went at top $9.00; packer took a few at $8.0008.50; cull lambs. $4.00; ewes. $3.0004.00; lower grades un changed; clearance good. Slour City Un Stock Sioux City. Aug. 12. cattle Receipts, 1,300 head; market steady to strong: beef steers, $6.50lj9.75; fed yearlings. $6,504 ISrWfS: M"o80; .-n.V"$1.00 f - Vows V Mf ! 'HReclpUiooV'htV:5- market ,t.H.dByrf5o fther;' U.I J56?,f5: mixed, $8.75e9.50; heavy. $..509.25, bulk of sales. $8.0009.75. Sheep and Lambs Not quoted. Liberty Bond Price. New Tork. Aug. ;"5?rfyfi7V0n.d' "! noon: s. 88.46; ; " 'c ond 4s. 87.56 b d: first V. "; "fj Snd 4 . 87.64; third 4s, 91 93; fourth 4s. 87 84; Victory is, 98.70; Victory 4berty"iona closed: Ss. 81.66; first 4s, 87.70: second 4s. 87.54: first 4s, 87.84; second 4s, 87.68; third 4K. 91.88; fourth 4Hs. 87.86; Victory 3s, 98.68; Victory 4s. 98.72. I.1iuumI Oil. , Duluth. Aur l$.Wojed On -Jlrac.lt nd mf Tn T T"V MTC 1 flU UU IVljr'O'N THE SUNDAY BEE rAKf "WOT S0& TNVT Hfc WOT TO ANt TUKT COST ZS rVvtfc VOU Co)tV MV Live Stock Omaha. Aug. 12. Receipts were: Official Monday ... Official Tuesday... Official Wednesday, Official Thursday . Cattle Hog Sheep .10.922 3,117 13.821 . tl,3Sl 7.907 lH. 403 . 6.16S 9,277 9.783 . 6,172 7,248 13,608 . 1,600 4.G00 3.700 Estimate Friday Five day this wk.. 80.841 82,049 56,334 39,085 77.554 Same days last wk.. 80,614 Same two wks. ago.. 24, 373 Same three wks. ago. 23,484 Same days year ago.. 17, 064 39,151 40,627 54.280 61.556 32,077 93,309 Receipts and disposition of live stock at the Union Stock Yards, Omaha, Neb., for 24 hours ending at 3 p. m., August l. 1921. RECEIPTS CARS. C M. & St. P. Ry. . .' 1 4 .. Missouri Pacific Ry 27 2 Union Pacific R. R 12 15 12 C. & N. W. Ry.. east 3 I', ft N. W. Ry., west 4 25 C, St. P., M. & O. Ry 1 1 C, B. Q. Ry., east 7 2 C B. & Q. Ry., west 6 8 C. R. I. & P.. east 1 Illinois Central Ry 3 Chicago Great West. Ry 1 1 Total receipt 60 65 15 DISPOSITION HEAD. Armour & Co Oudahy Packing Co. Hold Packing Co.... i rr ? -J r s . 172 2 609 281 1079 1187 129 548 211 591 556 243 08 1015 820 315 .... 7 4 18 , 20 32 3 29 1 64 9 63 81 1 184 49 9 1 Swift & Co J. W. Murphy Swarta & Co Wilson Pflclcing Co Hlgglns Pack. Co .' J. H. Bulla W. H. Cheek Dennis & Francis Ellis & Co John Harvey. HuntzinKer & Oliver.... V. Q. Kellogg.. Joel Lundsren F. P. I,ewls Mo.-Kan. C. & C. Co... I,. McAdams J. B. Root St Co Rosenatock Bros W. B. Van Sant ft Co. Wertheimer A Degen.... Other buyers. Ogden Packing Co Carpenter Smiley 649 3201 155 180 Totals 2184 4298 6467 Cattle Only about 1,600 cattle were re ceived today and as more than a third of these were stockers and fetilers billed di rect to yard traders, actual offerings were very light. A few bunches of desirable fat steers that were on sale moved read ily at fully steady prices. Cows and heifers were uneven, but looked about steady on the Average. ' Stockers and feeders were again slow, with a tendency toward weaker prices, some sales being as much 26c lower than Wednesday. Grass beeves were entirely lacking and the mar ket was called nominally steady. quotations on cattle: Choice to prime beeves, $9.6510.20; good to choice beeve. $9.00(8)9.60; fair to good beeves, $8.40$8.90;; common to fairjieeves, $8.00 8.40; choice to prime yearlings, $9.90ffl 1 10.26; good to choice yearlings, $9,409 s.Ko; lair to good yearlings, 3X.6CW9.25; common to fair yearlings, 87.758.50; good to choice grass beeves, J7.O0JS8.O0; fair to good grass beeves, $5.756.75; common to fair grass beeves, $4.7505.75; Mexican . beeves. $4.6008.00; choice grass heifers, $5.606.00; fair to good grass heifers, $4.605.50; choice to prime grass cows, $5.606.OO; good to choice grass cows, $4.86 5.40; fair to good grass cow. $4.00(84.75; comon to fair gras3 cows, $2.00 ji)3.75; good to choice feeders. $7.00 7.75; fair to good feeders, $6.257.0O; com mon to fair feeders. $5.256.00; good to choice stockers. $6.507.25; fair to good stockers. $5.76i6.50; comon to fair stockers, $4.005.60; stock cows, $3.00 4.r,0; stock heifers. $3.755.25; stock calves, $4.507.25; veal calves, $4.007.75; bulls, stags, etc., $3.604.25. BEEF STEERS. No. Av. Pr. No. Av. Pr. 36 1164 8 90 33 1378 9 90 28 926 10 00 STEERS AND HEIFERS. 14 884 10 00 HEIFERS. 29 637 5 10 11 935 5 35 20.. 818 6 00 COWS. 18 1003 4 00 15 1104 5 20 BULLS. 2 1145 4 50 CALVES. 2 240 4 00 1 270 00 2 145 25 1 130 7 00 22 230 7 25 Hogs Only 4,500 hogs were received to day and shippers bought what hogs they needed on the early trade at prices that were a quarter or more higher. Packers made some effort to keep drove cost on a steady basis but finally made their pur chase at figures steady to as much as a quarter higher. Best light hogs made a top of $10.10 and bulk of the receipt sold from $S. 00 9.50. HOGS No. Av. Sh. Pr. No. Av. Sh. Pr. 53.. 357 80 1 95 63.. 315 ... 8 10 68. .293 ... 8 15 55. .295 70 8 20 32. .302 ... 8 25 40. .201 ... 8 35 65. .267 110 8 40 61..28370 8 50 61, .266 ... 8 60 37. .236 ... 8 75 73. .230 40 00 67. .233 169 9 10 34. .254 ... 9 25 65. .210 40 60 23. .210 80 9 60 66. .204 ... 9 75 84. .176 40 9 80 87. .176 ... 10 00 72. .208 ... 10 10 Sheep Receipt of sheep and lambs this morning were limited to 3,700 head and prices held about steady on prac tically all classes of stock. Best fat lambs were quoted up to $10.4010.50 and good natives sold up to $9.50. A few few shorn lambs brought $9.30. Fat west ern ewes are none too active around $4.50 ft 5.00 and good natives show a spread of $3.754.60. Trade In feeding lambs was rather quiet with best feeders bringing $8.00. Quotations on Sheep and Lambs Fat lambs, westerns, $9.6010,60; fat lambs, natives. $8.759.50; feeder lambs, $7.75 498.25; cull lambs, $5.006.60; fat year lings. $5.75 7.00: fat ewes, $3.2605.00; feeder ewes, $2.25 3.25; cull ewes, $1.50 2.60. FAT LAMBS. No. Av. Pr. No. Av. 816 Ida.. 66 10 25 274 Ida.. 58 883 Ida.. 73 10 20 1179 Ore. 81 397 Ida.. 81 10 40 123 Ore.. 72 FEEDER LAMBS. 273 Ida.. 52 8 00 332 Ore.. 66 Pr. 8 35 10 60 10 10 8 10 Kansas City Live Stock. Kansas City, Aug. 12. (U. 8. Bureau of Markets.) Cattle Receipts, 24.000 head; steers, mostly Texas, Oklahomas and Kansas grassers, selling steady to 25c lower; common kinds weakest; Okla tinmai anil T.rji. 84.7637.75: Kansas gras8eri ..45g.25; ,n other classes . ,ow but about steady; most cow. $3.50 04.60; mixed cows and neiters oia ss.vv; plain heifer. $5.00a.50; best vealers, $7.60. Hogs Receipts, 1,100 head; Blow, shipper buying best lights, light and medium at $9.90010.00; 2300250-pound weights, $.609.76: steady with, yester day's shipper market: packers buying lights and mediums at I9.2S$9.S5; with mixed hogs at $8.009.00; look steady with their buy yesterday; bulk of sale, $8.25010.00. Sheep Receipts. 1.500 head: sheep, steady; Texas ewes, 14.25: lambs, 10 to 25c higher: few cars, 110.10; natives, $9.26; good Utah feeding lambs, $7.50. St. Joseph Live Stock St. Joseph, Aug. 12. Cattle Receipts, 1.100 head; for killer, steady; stockers and feeders, slow and lower; steers, $6.25 tf 10.60; cows and heifers, $4.25U.S0; calves. $5.0007.00. Hogs Receipt. 1,000 head; steady to 26c higher; top, $10.25: bulk, $8.100 10.00. Sheep and Lambs Receipts, 300 head; steady: lamb. J9.00O10.25: ewes. I3.50S SEE IT IN COLORS SB. ,!. B)CK 4 WNTO- BUCK'S- 6, Market, Financial and Industrial News of the Day Chicago Grain By CHARLES D. MICHAELS. Chicago Tribune-Omaha Bee Leased Wire. Chicago, Aug. 12. There was not enough good buying in the market and shorty after mid-day locals who had bought wheat early discovered this fact. Commission houses filled up pit traders with wheat on the bulge, but when the latter attempted to sell there was no one to take the wheat off their hands. The close was $4c to l?4c lower. Corn finished Hc lower and oats were Mc off. Rye declined c and barley closed unchanged to 6c lower. Pork closed 40c lower, lard 2yic higher to 5c lower, and ribs 1015c lower. Price changes were of little con sequence. September gained a little on the deferred month on buying by carriers who sold the December against these purchases. There was a little buying for eastern account early, but aside from this locals were the principal buyers. At $1.25 for September, resting orders to sell re peatedly turned the price back from that level. There were buying orders for September at $1.24, which pre vented any downturn from that level. Exporters were again bidding 5c over September for No. 2 hard wheat and some business was worked, but details were lacking. Seaboard reported the export de mand there slow, but it is presumed that the early decline in prices caught some resting orders, later reports telling of 250,000 bushels worked. Canadian Estimate. The Canadian government officially es timates ihe wheat crop of that country at 288,498,000 bushels, compared with 263,000,000 harvested last year. This es timate ,1s based on the condition of the crop July 31. While the country is re ported to be holding Its wheat back, the movement holds up fairly well. In corn, little interest was displayed early. The market was easy in tone, but September held fairly well, meeting with little pressure, while buying against export business absorbed what little corn trade offered. Country continues to of fer corn freely to arrive. Oats atarted steady on buying by a local commission house. Locals look the edge off the marKet on ine upturn aim scattered selling by commission houses. which looked like liquidation, carried values off. Trade on tne wnoie was not large and simmered after the first half hour. ... Hash rye was unchanged to c lower; No. 2 sold at $1.1001-10; No. 2 at $1.08 1.08tt. Shipping sales, 25,000 bushels. New York reported 1,000,000 bushels rye taken for export the last few days. Re ceipts, 21 cars. : Pit Notes. The dominion bureau of agriculture estimates the wheat crop of the prairie provinces at 288.493,000 bushels July 31, against 234,000,000 bushels a year ago. Oats crop estimated at 300,000,000 bush els, against 314,000,000 last year, and barley, 41,000,000 bushels, against 40,760, 000 bushels. No. 1 Manitoba wheat f. o. b. Mon treal, wa quoted 60c over Winnipeg Oc tober wheat. The English royal commission announces that the ale of government reserve stock of wheat has been completed. This is taken to mean that the wheat trade is practically all In private hands. , Early corn sales were placed at 600, 000 bushels for export at the seaboard and there has been considerable buying of September the past two days, pre sumably against the heavy export pur chases. ... Winnipeg wired that there had been no froBt of consequence In the Canadian northwest. Temperatures were close to the danger point in some sections. Local sentiment on wheat is bullish, but In spite of the good cash: demand, both for milling and export account and firmer cash wheat premiums, the outside demand is slow. Seaboard Interests were credited with buying September and this month was relatively firm in all markets. In spite of the fact that new wheat has been running on a fair scale to Minne apolis for some time, the premium for milling grades hold strong and new wheat received at Winnipeg sold at old wheat prices. Australian wheat shipments for tho week were 1,628,000 bushels and It I estimated there is 12,000,000 bushels sur plus left to ship from that country. CHICAGO CLOSING PRICES. By Updike Grain Co. DO 2627. Aug. 12. Art. Open. I High.l Low, t Close. Test Wht. Sept. Dec Ry Sept. Dec. Corn Sept. Dec. Oat Sept. Dec. 1.24 1.25 1.27H 1.28 1,3 ' 1.12W .67 Vi .67 .66 .66 .36 1.25 1.23 i.'25 1.23 1.23 1.25 1.25 1.11 1.11 .66 1.24 1.2 1.27 1.27 1.12 1.12 .57 .67 .56 .56 .36 .39 1.28 1.13 1.12 .67 1.11 1.11 .56 ".55 .56 .55 .65 .36 .39 .39 .36 .40 .36 .39 .39 .40 Pork Scpt 18.40 Lard ( Sept. 110.95 Oct. 11.10 Jan. I...... Rib Sept. I 9.70 Oct. I 9.66 18.40 18.00 18.00 10.96 ' 18.40 10.92 10.95 10.80 11.10 10.97 11.07 11.05 9.85 9.70 9.67 9.60 9.56 9.67 9.57 Minneapolis Grain Minneapolis, Aug. 12. Flour Market unchanged to 25c higher; In car load lots, family patents, quoted at $8.20 8.50 a barrel in 98-pound cotton sacks. Bran $15.00. Wheat Receipts, 384 cars compared with 166 cars a year ago. Cash No. 1 northern, $1.41 1.46 ; September, $1.31; December, $1.30. Corn No. 3 yellow, 49 50c. Oats No. 3 white, $031c. . Barley 42063c. Rye No. 2, $1.03 1.04. Flax No. 1, $2.06 02.08. St. Lonis Grain. St. Louis, Aug. 12. Wheat September, $1.20 bid; December, $1.23 bid. Corn September, 53o bid; December, 53c. Oat September, 34c bid; December, 38c. Kansaa City Grain. Kansas City. Aug. 11. Wheat Sep tember, $1.13; December, $1.17. Corn September, 45c; December. 47e. Chicago Potatoes Chicago, Aug. 12. Potatoes Firm: re ceipt 14 cars; Jersey Irish cobbler, sacked and bulk. $3.8604.00 cwt. : Idaho sacked, $3.603.60 cwt.; Nebraska Early Ohlos. $3.503.6 cwL; Kansas, $3,400 M cwt. TIMES HAVE CHANGED OW. TVt CrVT V0M TWE. T0 Wt HIGHER. TvltX 6CrT0NXt 5OTT0M- THE Moce "ivtv cor- povct kmou now rti MtrrHE-t cc-. 'She ft S 1J Omaha Grain Omaha, Aug. 12. Wheat receipts today were liberal, with 212 cars against 168-cars a w eek ago and 137 cars last year, this date. Corn receipts today were 71 cars and oats 24 cars. Wheat prices were lc to 3c higher. Corn ranged 'Ac up to VzZ off. White was yic higher for the bulk and yellow gen erally y2c lower. Mixed sold at an advance for the 'bulk. Oats were unchanged to yic off. Rye and bar ley were firm. WHEAT. No. 1 hard: 2 cars, $1.17: 1 car, $1.17 (75 per cent dark); 1 car, $1.16 (smutty). No. 2 hard: 1 car, $1.19 (dark); 2 cars, $1.17 (dark, smutty); 1 car, $1.16 (7 per cent dark); 1 car, $1.16 (smutty); 4 cars, $1.15; 1 car, $1.15; 1 car, $1.15 (smutty); 1 car, $1.14 (smutty); 9 cars, $1.14: 10 cars, $1.14 (smutty); 1 car, $1.13 (smutty); 3 cars, $1.13 (smutty); 8 cars, $1.13 (yellow); 8 cars, $1.12 (yel low). No. 3 hard: 1 car, $1.18 (dark); 4 cars, $1.17 (dark, smutty): 1 car, $1.17 (smutty); 3 cars. $1.15 (smutty); 1 car, $1.14; 2 cars, $1.14 (smutty); 4 cars, $1.13; 1 car, $1.13 (68 per cent dark); 3 cars, $1.13 (smutty); 1 car $1.12 (smutty); 6 cars, $1.12; 2 cars, $1.12 (yellow); 6 cars, $1.12 (smutty); 1 car, $1.12 (very smutty); 1 car, $1.11 smutty); 12 cars, $1.11 (yellow); 1 car, $1.10 (very smutty); 1 car, $1.10 (yellow, no ton nage). No. 4 hard: 1 car, $1.16 (dark): 1 car, $1.12 (4.7 per cent rye); 4 cars, $1.12 (smutty); 1 car, $1.11; 6 cars, $1.11 (smutty); 1 car, $1.11 (yellow); 2 cars, $1.10; 12 cars, $1.10 (yellow); 1 car, $1.09 (very smutty). No. 6 hard: 1 car, $1.12 (smutty); 1 car, $1.10 (dark, very smutty); 1 car, $1.11 (yellow); 4 cars, $1.09 (yellow). Sample hard: 1 car, $1.13 (dark); 1 car, $1.13 (heavy); 1 car, $1.10 (7 per cent rye); 1 car, $1.10 (yellow); 2 cars, $1.09; 1 car, $1.09 (yellow); 3 cars, $1.08 (yellow); 1 car, $1.07 (yellow.heating). No. 3 durum: 1 car, $1.09 (smutty). No. 3 spring: 1 car, $1.12 (northern): 1 car, $1.10 (northern, no billing). Sample spring: 1 car, $1.09 (northern); 1 cars, $1.08 (northern). No. 3 mixed: 1 car, $1.12. No. 4 mixed: 1 car. $1.11 (30 per cent spring); 1 car, $1.11 (35 per cent spring). No. 5 mixed: 1 car. $1.12. CORN No. 1 white: 1 car. 47c; 5 cars, 46c. No. 2 white: 4 cars, 46c. No. 1 yellow: 2 cars, 48c: 1 car, 48c, (shippers weights); 8 cars, 47c. No. 2 yellow: 3 cars, 42c. No. 3 yellow: 1 car, 47 c. No. 1 mixed: 3 cars, 46c. No. 2 mixed: 2 cars, 46c; 1 car, 46Vic. No. 3 mixed: 1 car, 45c. No. 6 mixed: 1 car, 44o (musty). Sample mixed: 1 car, 43c (loaded out). OATS No. 2 white: 1 car, 33c. No. 3 white: 1 car, 32c; 1 car, 31c; 4 cars, 30c; 1 car, 29c; 3 cars, 29c. No. 4 white: 2 cars, 28c. Sample white: 1 car. 28c; 1 car, 27c (22 lbs.). RTE No. 2: 2 cars, 99c. No. 3: 2 cars, 98c. No. 4: 2 cars, 97 c. BARLEY No. 4: 1 car. 50c. CHICAGO CAR LOT RECEIPTS. Today Wk. ago Yr. ago Wheat 222 262 166 Corn 199 93 48 Oats 380 415 175 KANSAS CITY RECEIPTS, Today Wk. ago Yr. ago Wheat 331 475 206 Corn I. 23 26 4 Oats 62 45 18 ST. LOUIS RECEIPTS. Today Wk. ago Yr, ago Wheat 160 . 2 22 Corn 79 " 47 36 Oata 3 61 6 NORTHWESTERN RECEIPTS OF WHEAT. , Today Wk. ago Yr. aso Minneapolis 384 259 154 Duluth ?1 . 72 10 Winnipeg 33 38 17 PRIMARY RECEIPTS AND SHIPMENTS. Receipts louay ii " Wheat 2'H2'?2? 1,561,000 234,000 910,000 975,000 438,000 395,000 porn 83l,uu 6ats 1.329.000 Shipments Wheat 1-!S?'S2 Corn 634,000 oatS -" EXPORT CLEARANCES. 466,000 ' 17,000 100,000 984,000 Wheat Corn Oats PMAHA RECEIPTS AND SHIPMENTS. Receipts Today Wk. Ago Yr. Ago Wheat 212 Corn 'I Oats J4 Ryo 1" Barley Shipments . Wheat 223 Corn . 9 Oats 12 Rye 6 Barley 1 168 137 46 39 1 13 19 187 73 13 1 6 114 21 18 6 0 Remodeling Sale On Now Our inexpensive location enables us to sell better merchandise for less money. Below we print just a few of the hundreds of values offered at this fastest grow ing store daily. WE DARE SAY no store in the community does compete with us, the mer chandise values offered at this remodeling sale are far greater than ever. Just See the Wonders $1.00 Will Do Here Saturday Men' Straw Hat Our entire stock of fine Panama hats must be sold Saturday, the values are up to $8.50, remodeling sale price, your choice any Hat in tne nouse at 400 Pair of Children' Sandal nd Oxford, per pair Ladie' Bungalow Apron, $1.25 values, TWO aprons for Men's LisU Hose in all sizes and colo, EIGHT pairs for 24th and O Sts. Ask for $?C Cr,eB Trading Stamps Thy Are Given vje.lv. vt the. aoen womkn t OUS- IN THE. OUEN TH SU TO HWvX "StVnNb MAKE OVfcK. THUR- Oll GoVsMS - THET 0-StV TO BM H COVC MAX VI A. !Rt5S BET ?ROV tT- Financial She tftiu lark Eimtf. By ALEXANDER DANA NOYES. Chicago Tribune-Omaha Bee Leased Wire. New York, Aug. 12. All markets lapsed into a narrow mechanical movement today, with only such fluctuations of prices as a few rest less professional speculators could occasion. On the stock exchange the professional activities pushed prices up in most cases; stocks sold for a decline earlier in the week, be ing bought back on the approach of the week-end. The statement given out in the afternoon by the bankers in charge of the Mercantile Bank of the Americas added little to what Wall street already knew of the matter. But the fact that a formal public statement had been made re garding the attitude of the bankers' syndicate presumably had good ef fect. The situation is at least no longer what it was two or three months ago, when the absence of authoritative statements in matters which had perplexed and disturbed the financial community gave un limited opportunity for extravagant Wall street rumor. Stocks Advance. Advances of a point or more were nu merous In the stock market, both with industrial and railway shares. There were exceptions to the recovery and one or two sharp declines, but the market' general movement was upward and closing price in most stocks were near the day' high est. Call m I ey did not vary from the 6 per cent rate at which, it has stood since Thursday of last week. Foreign exchange was firm a a rule, with sterling fractionally higher, but the German rate distinctly weak. There was a disposition In the market to ascribe the lower rate on Berlin to doubt over the outcome of the disputed claims of Poland and Germany in the division of Silesia. , , The week-end mercantile review indi cate, on the whole, a slow improvement In the state of trade, based as the simi lar condition of recent weeks ha been, on the halt In the long continued fall of nricea. Yet the slens of betterment still seem to exist, rather in the feeling of the trade than in actual business. New York Cotton. New York, Aug. 12. Business In the. cotton market was fairly active this morning and prices had an Irregular open ing at from 3 points advance to 9 de cline. Wall Street and Liverpool sold while some of the spot houses and local traders bought on reports ol continued high temperature in Texas. After the start the market was quieter and acted easier, declining generally 7 10 point under last night's close. Bullish private crop report pointing to a further reduction In the Indicated yield of about 800,000 bales, checked the decline around 13.65c for December and started enough buying to send the price up to 13.78c, or 12 points net higher. Prices were a few points off from the best around noon. In the afternoon prices sagged to about yesterday's close. Foreign Exchange Rates. Following are today's rates of exchange as compared with the par valuation. Fur nished by the Peters National bank: ParVal. Today Austria 30 .0016 Belgium 195 .0763 Canada 1-00 .91 Czecho-Slovakia 0129 Denmark 27 .1675 Fngland " France 13 07S7 Germany .' 238 .0124 Greece 195 .0570 Italy 195 .0442 Jugo-Slavia -JO" Norway 1f Poland 00 Sweden ". .:. Switzerland -I95 -l"60 Chicago Stock The following quotations are furnished by Logan & Bryan: Armour & Co., pfd 9, Armour Leath. "Co., com 12 Armour Leath. Co.. pfd 83 Commonwealth Edison Co.... 109 Cudahy Pack. Co., coin 64 55 Continental Motors 5 Hartman Corp., com 75 Llbby, McNeil & Libby 9 O Montgomery Ward Co 17 National Leather 'f Reo Motor Car Co 18 Swift & Co 91 Swift International 24 Union Carb. & Carb. Co 44 London Honeys. London, Aug. 12. Bar Silver 37 a Aug. 12. Bar ner ounce: money. 3 per cent; aiscouni rates, short bills, 4 per cent; months' bills, 4 per cent. three Ladie' Dretsea, $1.00 Men' Soft and Stiff Collar, 10 collars for .. Outing Flannel, 27 inches wide, fine quality,1 10 yards for 011 Cloth in light or dark, but all fancy colors, 3 yards for $1.00 $1.00 $1.00 Warner' Rustproof Coriets, $2 val ues, remodeling MAIL ORDERS SOLICITED Drawn NO WEN THEY BWOGE YMtfST WW Topic of comvek-Satioh vs BttS - TUP WtLLEVT The other tm A. NEW tCOt GIRL- MX VlURSfc 1"S C t,rA- THE CHA.VFFEVR. tS A LAZV TWO'S E Thing n tg u-" ms ic, t"l TWE. TOO- NOW A.LL TNfV KNOW ABOUT PtE 5 THAT IT NKS TWO VNONOE tiOW New York Quotations Range of prices of the leading stocks furnished by Logan & Bryan, Peter Trust building: RAILS ft Thurs. Low Close Close 14 84 84 36 86 36 112 113 112 70 70 69 53 53 62 12 78 73 72 7 9 9 93 2 24 24 24 19 19 18 15 18 15 75 '76 75 66 66 65 87 37 37 66 67 66 30 31 30' 78 76 76 19 19 19 26 2t! 25 High ,. 84 ,. 36 A T S F B & O .... Can Pacific N Y Central .... 70 Ches & Ohio .... 63 Erie R. R Qt. North pfd.... 73 Chi Gt West Ill Central 9 Mo., Kan te Tex K C South 25 Mo. Pacific 19 N Y N H & H. . . . 16 No Pao Ry 76 Chi. N W 66 Penn. R. R. 37 Reading Co 67 C R I & P 31 So Pac Ca 76 So Ry 19 C'hl Mil & St P 26 Union Pacific ....119 118 119y 118 Am Car Fdry.,123 123 123 123U Allis- Chal Mfg.. 29 29 29 9, 29 Am. Loco 84 83 84 43 Ut. Alloy Steel 23 Baldwin Loco 74 72 74 72 Beth. Steel 49 48 49 48 Crucible Steel .... 64 53 64 63 Am. Steel Fdrs... 25 25 26 .... Lackawanna Steel. 38 38 38 38 Mldvale S. & O... 23 23 23 23 Pressed Steel Car. 58 67 68 68 Rep. I. & S 4S 46 46 45 Ry. Steel Spring.. 75- 74 76 73 Sloss-Shef. S. & 1 33 U. S. Steel 74 78 74 74 COPPERS. Anaconda Cop 35 34 S4 33 12 10 22 31 17 19 12' 45 34 34 12 9 22 46 31 17 19 9 12 45 Am. S. & R 34 33 11 9 22 Butte & Sup. Min. 12 Chile Copper 10 Chlno Copper 22 Calumet & Ariz Insp. Cons. Cop... 31 31 Kenhecott Cop.... 18 17 Miami Copper 20 19 Nov. Cons. Cop Ray Cons. Cop 12 12 Utah Copper 45 44 INDUSTRIALS. Am. Beet Sugar... 28 28 A.. G. & W. I. S. S. 21 20 Am. Int. Corp 30 29 Am. Sum. Tob 46 45 Am. Cotton Oil .. 18 18 28 21 30 45 28 20 29 46 18 .... 105 104 Am. Tel. & Tel.. ..105 105- Am. Agr. Chem. Bosch Magneto Continental Can Amer. Can Co. . . 30 29 30 30 29 43 26 47 Sl 9 60 29 40 25 46 27 9 60 30 65 29 U 40 25 46 28 9 60 30 66 44 25 47 31 9 69 30 66 45 Chandler Motor Central Leather Cuba Cane Sugar Cal. Pack. Corp.. Cal. Pet. Corp.... 30 Corn Product Rfg 66 Nat. Enam.-Stmp, Fisk Rubber Co.. 9 9 9 9 Gen. Electric ... Gt. North. Ore .. Gen. Motor Co.. Goodrich Co ,114 112 114 113 , 29 29 29 29 10 10 31 73 67 46 13 45 2 222 39 12 U 9 96 10 25 6 34 46 13 49 50 62 18 63 10 31 74 67 47 18 46 2 22 3 12 9 98 10 257k 6 34 46 14 61 61 64 65 10 31 74 31 72 67 47 13 45 2 22 38 12 9 96 11 25 6 83 45 14 49 50 62 18 64 29 72 66 7 Int. Harvester Haskell-Brkr. Car 67 11. S. Ind. Al 48 Int. Nickel 13 Int. Paper Co 46 Island Oil AJax Rubber .... 22. Kelly-Springfleld . 40 Keystone Tire ... 12 Int. Merc. Mar... 9 Mexican Pet 99 Middle States Oil 11 Pure OH Co 25 Wlllys-Over'd Co.. Pacific Oil .-. 34 Pan-Am. Pet. & T. 46 Pierce-Arrow Mot. 14 Royal Dutch Co... 61 U. S. Rubber Co... 61 Am. Sugar Rfg. Co 64 Sinclair OH & Rfg 18 Sears-Roebuck Co. 65 Stromberg Cb. Co. . . Studebaker Corp.. 73 Tob. Products Co. 67 Trans-Cont, Oil.... 7 Texas Co 34 U. S. Food Pr. C. 16 U. S. S.. Rfg. & M White Motor Co. . . 32 Wilson Co., Inc.. .... Western Union.... 81 West'se El. & Mfg. 43 m. Woolen Co.. 69 71 66 6 33 16 73 57 7 84 16 16 28 314 33 79 43 68 31 32 80 43 67 81 43 69 Total sales, 464.200. Monev Close. per cent Thursday' close. 6 per cent. , Marks Close. .0122. Sterling Close, $3.67; Thursday' close, $3.65. Omaha Hay Market. Upland Prairie Hay No. 1, 11.50; No. 2, $8.669.50; No. 3 8 00 ' M'idland Prairie Hay No. 1. $10.60 , $7.00 $10,000 , $6.60 11.00; No. 2, $7.60 9.00; No. 3, 7.50. Lowland Prairie Hay No. 1, $7.60 8.50: No. 2. 16.5007.60. Alfalfa Choice, $17.0018.00; No. 1, $16.00016.50; standard, $12.0014.00; No. 2, $8.0011.00; NO. 3, $7.0008.00. Straw Oat. $8.0009.00; wheat, $7.00 8.00. f Chicago Produce. Chicago, Aug. 12. Butter Higher; creamery, extras, 40c; standard. 39c. Fggs Unchanged; receipts, 10,111 cases. Poultry Alive, unchanged. some of the best known makes, dresses for house or street wear that have been regularly sold up to $3.75, remodeling $1 ff sale price, your choice per dress V aUvr $1.00 $1.00 $1.00 $1.00 sale price at . South Omaha With Each Purchase. for The Bee by Sidney Smith. Copyright. 1921. Chicago Tribune Company GET TOGETHER OR TOKtvS. LITTLE GoVM IN A V40P tor v?5o o- tve got COVERS OH IT- TVE THE COOKOOT THE VTUr-5 H THE Dt AT Bonds and Notes The following quotntions furnished by the Omaha Trust company: Approx. Bid Asked Yield Am Ag Ch 7 4s, 1941 95 95 7.93 AT&T Co 6s, 1923.... 98 Vi 96 7.59 A T & T Co 6s, 1924.... 974 97 7.00 Ana. 7s, 1929... 93 93 8.15 Armour 7s, 1930 97 97 7.40 Belg. Oov. 8s, 1941 100 lOOVs 7.95 Belg. Oov. 7s, 1945... 101 101 7.35 Beth St 7s. 1923 98 98 7.65 British 6s, 1922 98 99 6.20 British 6s, 1929 88 89 7.25 British 6V4s. 1937 87 874 6.86 C B & Q Jt 6 Vis. 1936.. 100ft 101 6.10 C C C & St L 6s, 1929.. 88 89 7.86 Chile 8s, 1941 97 98 8.20 Denmark 8s, 1945 101 103 7.80 French Gov 8s. 1945.... 99 100 8.00 B F Ooodr'h 7, 1926... 90 91 9.70 Gulf Oil Corp 7s, 1933... 97 97 7.30 Jap Gov 1st 4s, 1925.. 85 86 -23 Jap Oov 4s, 1931 71 71 8.85 Norway 8s, 1940 102 103 7.87 N B T Co 7e, 1941 102 102 6.7 N Y Central 7s, 1930 101 102 6.66 Packard 8s, 1931 96 96 8.64 Penn R R Co 7s, 1930.. 103 103 6.48 S B T Co 7s. 1925 96 97 7.90 Swift A Co 7s, 1925...., 97 97 7.77 Swiss Gov 8s, 1940 ...1.105 106 7.40 Tldew'r Oil Co 6s, 1930 95 96 6.86 U S Ruhber 7s, 1930. .100 101 7.35 Vacuum Oil 7s, 1936.... 101 101 6.83 West Eleo 7a, 1931 101 101 6.80 Bonds. The following quotations are furnished by Logan & Bryan, Peters Trust building: Am. Smelt. & Rfg. 6s 78 79 Am. Tel. Col. 6s, 1948 85 f 8a Armour 4s. 1939 79 79 B. & O. Ref. 6s. 1995 71 71 B. & O. Cvt .4s, 1933 69 O 69 Cal. Gas ITnt. 6s, 1937 85 86 C, M. & St. P. Gen. 4s. 1932 75 O 76 CM&StPG&R 4a. 2014 69 O 79 C, R. I. & P. Ref. 4s, 1934... 68 68 D. & R. G. Col. 4s, 1936 65S 86 Gt. Nor. 4s, 1961 82 83 111. Central Joint 6s. 1933 83 83 Mo. Pac. Ref. 6s, 1923 i w Mo. Pao. Ref. 6s, 1926 Mo. Pac. Gen. 5s, 1976 Rio Grande W. 1st 4s, 1939. St. I & S. F. Gen. 6s, 1927. St.. U & S. F. P. L. 4s. 1950. St I, & S F Adj 6s, 1955... St. L. & S. F. Inc. 6s, 1960... S. T. & S. W. Inter. 6s, 1952. Wilson 6s. 1941 K. C. Sou. 6s, 1959 C. G. W. 4s, 1959 Sea Bal 4s. 1989..., Colo. Southern 4s, 1936 C. & O. 5s I. R. T. 5s Hud. & Man. Ref. 5s 87 92 64 O 54 660 66 74 74 61 61 67 68 67 .... 680 68 86 86 76 76 620 53 39 40 720 76 82 82 65 0 66 67 O 67 New York Bonds. The following quotations are furnished by Logan & Bryan, Peters Trust building: Atch. Gen. 4s 77 78 B. & O. Gold 4s 69 68 Beth. Steel Ref. 6s 84 86 Cent. Pac. 1st 4s 73 0 74 C. M. & St. P. Gen. 4.... 76 C. & N. W. Gen. 4s 76 77 T. AN IT. 4s 81 W 83 New York Ry. 4s 21 21 Nor. Pac. P. L. 4s 77 Reading Gen. 4s 76 k U. P. 1st 4s 77- 77'A U. S. Steel 6s 94 95 U. P. 1st Ref. 4s 78 78 S. P. Cv. 6s 81 81 S. P. Cv. 4s 79 79 Penn. Con. 4s 80 84 Penn. Gen. 4s 80O 80i C. & O. Con. 6s 82 82 Ore. S. L. Ref. 4s 82 84 New Tork Curb Stocks. The following quotations are furnished by Logan & Bryan: Allied OH J Boston Montana 69 & Boston Wyoming 68 70 Cosden Oil 6V , Consolidated Copper 10 1 Elk Basin 5"2 ! Glenrock Oil ? ' T.i.n nil 2W 2 Merrlt Oil 7l8 ? Midwest Refining Co.. .130 (9140 Silver King of Arizona Sapulpa Oil Simm Petroleum Tonopah Divide U. S. Steamship U. S. Retail Candy .... White Oil 10 (it 20 3 3 6 77 77 33 33 5 6 8 8 New York Dried Fruits. New York, Aug. 12. Evaporated ap ples firmer; state, 1314c. Prunes Scarce, California, 14l5c. Apricots Firm. Peache Steady. Raisins Quiet. Kansas City Hay. Kansas City, Aug. 12. Hay Steady to 60c higher; tame hay advanced; rhoice alfalfa. $22.00033.00; No. 1 prairie, til. 00 12. 00; No. 1 timothy, $13.00013.50; No. 1 clover, $11.00012.50. Service 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 Hasting, Nebrarica Holdrege, Nebraska Geneva, Nebraska Chicago, Illinois Sioux City, Iowa De Moines, Iowa Hamburg-, Iowa Milwaukee, Wisconsin Kantag City, Missouri Private wire connections to all office except Kama City and Milwaukee. We Solicit Your Consignments of All Kind of Grain to OMAHA, CHICAGO, MILWAUKEE, KANSAS CITY AND SIOUX CITY Every Car Receive Careful Peronal Attention The Updike Grain Company "The Reliable Consignment House" South Side Two-Year-Old Child Struck by Automobile While playing in front of her home yesterday, Susie Shymkiewic, 2-year-old daughter of Mrs. Helen Shyrnkiewicz, 3421 U street, was hit by an automobile and severely bruised about the head and body. Motorcycle Officer George F. Sheehan appeared on the - scene a short time atter the accident aim carried the injured baby into her home where surgeons attended her. The car which struck the child. according to the police report, be longed to P. J. McMahon, 5314 South Thirty-sixth street. Who was driving it has not yet been learned. South Side Brevities Four new cases of diphtheria were re ported to city health ofllcer Friday. Swear words used In' an altercation between Homer Scott and his landlady. Mrs. H. Schubert, 3636 Soutn First street, cost Scott $10 In South Side police court Friday. Willi King, HOT Cuming street: Blanche Porter and Mary MeHklel, Eighteenth and California streets, were fined $6 In South Side police court yes terday for disorderly conduit. Charles White. 1517 Tlurt street; C. J. Schoenlg, 4511 South Twenty-Hilnl hIiwi. and Frank Kupha, 4418 F street, are being held In South Side ,1nil churned with meal ing an automobile from T. K. Nuiul., K5 Drake court. Joe Fryney filed suit MKiiinst the I'nlmi Stock Yards oompuny ami thf t'lulnhv Packing company In district court Krlda.v asking for $26,000 alleged damages. He declares a carcaas of a sheep he whx lowering . fell upon him. breaking hi shoulder and Injuring his spine. Dun's Trade Review. New York, Aug. 12. Dun' tomorrow will say: "Business sentiment Improves, hut actual business Is still backward. Re adjustments In a number of important, basio department have made further progress and this Is materially assisted by Increasing resistance to a further low ering of values, notably in the cotton, woolen and silk goo4)s division, in which price are now apparently on a stable basla, and In hides and leather, whirl.) have benefited by somewhat better de mand from manufacturers. Advices from New England show a further resumption of activity In shoe manufacturing, with some plants operative at full capacity and production in others Increasing. In other Industrial centors a tendency to ex tend operations Is noted and thought th Improvement Is slight. Is natural at the. height of the vacant period. The feeling as regard prospect for fall and winter I decidedly more confident. "Buying of Iron and steel remains re stricted, but some Inquiries are re ceived and the expectation is that the railroads must soon become liberal pur chases." Weekly banR clearings, $5,377,431,448. Mew York Coffee. New Tork, Aug. 12. The market fur coffee futures was quiet but generally Bteady today, owing to reports of a steadier tone In Brazil and some cover ing of hedges against actual sales in the spot market. The opening was 2 in 4 points higher and active months showed net advances of 4 to 7 points, with De cember selling at 6.97o and closing at 6.96c bid. The general market closed about 7 points net higher. Sales, In cluding exchanges, were estimated at only about 29,000 bags. September, 6.51c; October, 6,66c; Decmber,- 6.96c:: January, 7.10c; March, 7.37c; May. 7.67c; July, 7.77c. Spot-coffee Steady; Rio 7's, 77cj Santos 4's, 910c. - New York General. New York, Aug. 12. Corn Meal Dull: fine white and yellow granulated, $1.9040 2.00. Wheat Spot, easy: No. 2 red, $1.36 Vi; No. 2 hard, $1.38: No. 1 Manitoba, $178. and No. 2 mixed drum, $1.40. c, 1. f. track New York to arrive. Corn Spot easy; No. 2 yellow and No. 2 white, 81; No. 2 mixed, 80 c. I. f. New York. 10 day shipment. Oats Spot epy; . Nfl. -1 whrr,1,-4St pork steady: mess, $25.60326.00. Other article unchanged. New York Metal. New York, Aug. 12. Copper Steady! electrolytic, spot and nearby, 1212c; later, 12(3!12c. Tin Easier; spot and nearby, 2 6 . 2 C c futures, 26.50c. Iron Nominally unchanged. Lead Quiet"; spot, 4.40c. Zinc Dull. East St, ' Louis delivery spot, 4.204.J5c. Antimony Spot, 4.60c. New York Frodnce- New York, Aug. 12. Butter Firmer; creamery higher than extras, 4445c; creamery extras, 4344c; creamery firsts, 3343c. Eggs Irregular, unchanged. Cheese Steadier, unchanged. Poultry Live, firm; broilers. 2530cJ fowls, 2429c; dressed, steady, uu changed, i Kansas City Produce Kansaa City, Aug. 12. Eggs Va changed. Butter Creamery, lc lower, 43c; pack ing. lo higher, 23c Poultry Unchanged. London Metals. London, Aug. 12. Standard Copper--Spot, M9, 17s, 6d; electrolytic, f74. 10s; tin, 155, 7, 6d; lead, 23, 10s; zinc, 25,' 109. Bar Sliver. New Tork, Aug. 12. Bar Silver Do mestic, 99c; foreign, 60c; Mexican dol lars, 46 34c - RAINBOW OVERALLS World of wear in every pair. Union Made Sold exclusively at PHILIP'S DEPT. STORE 24th and O Street o o o I
