Nil
THE BEE: OMAHA, WEDNESDAY, AUGUST 17, 1921.
11
THE GUMPS THE PAST IS A TOMB OF REGRETS AND SHOULD BE FORGOTTEN OSfSJSSSSS
.Wage Reduction
Not Reflected in
Bank Deposits
Increased Savings Attributed
MtRE ARE tV0 BOTTLES
ITHAT BPOU3XT TOR, Yot-
I VroNDtR. HOW LOHb TVM 0t&
NOO JEWEL V0O- I'M
' WAP TKEM IK TVt Toft
GLUE PDOf 6otNt TO BE AROtftO
WtfcO TM TWE FIMT CWAMCE
I'VE NAP AT THE toOPNINfe papf-
. -. . . . t. . wt.twie a ti M
Mm WAH A4 OWW(
y
GACj TO EX ME" OUT OF
t T- THOUGHT AAXBE
MOPE .0) UVE
WIT THE MORNING PAPER.
tLL TNI EVEWIMG PAPER. CCMfcS
OO'P UKE TO HAVE TWS
TOWER AW HEMEH.
Ht CAM GRAfc Vt-
To Sacrifice Sales of Stocks
By Retailers; Depositors
Not on Increase.
HmE Ht' tl OUT OF TASV
014
CV4MR WsCE IVE BEEN HOME
)
5
BY HOLLAND.
Andrew Mills, who is president
of one of the largest savings institu
tions of New York City, has ob
served a prevailing tendency among
depositors in savings banks to in
crease their deposits. In the insti
tution of which he is president the
deposits increased in July by ap
proximately $100,000. So far in the
month of August increase and with
drawals have been substantially
equal.
Thp exnerieiire of the New York
City savings banks, especially since
the tirst ot January, wouiu, n u
were unexplained, lead to the infer
ence that much of the complaint of
tack of employment as well as the
reduction in wages which his been
made within the past six months
are not reflected in deposits which
wage earners and clerks and those
who keep small stores make in the
savings banks.
Number Not Increasing.
Mr. Mills has observed that, while the
deposits have been Increasing, the num
ber of depositors has not proportionately
increased. Therefore It is reasonable to
assume that ,not many new depositors are
entered upon bank books, but that the
old depositors ire Increasing U de
posits. At first thought this would indi
cate that the savings of those who work
for wages are being increased and that
th wages which they receive make thi
Increase possible. But there Is another
and better explanation which Is made
possible by Mr. Mills' explanation. This
explanation illustrates to some extent the
business depression which has prevailed.
In the vicinity of the bank of which
Mr. Mills la president are many Bmall
... ... .......11 t.n..a upHnua niRlnnipri
Stores, llllio I nan "ii",'. " -
Lnki.fiu u (i 0 Mrn.m a..d clerks wno
shared In the general feeung of depres
sion, iney ws 1H" , , "
plete collapse. The spirit of pessimism
i prevailed among them and for that rea
J son they decided to part with their .stocks
( of goods for whatever price they could
Y get They did sell at what are called
sacrifice prices and received cash for
them. But when they had the cash in
hand they were perplexed. They did not
dare use the money in replenishing their
stocks because they were apprehensive of
a continuation of poor business. There
fore they placed the money on deposit
in the savings banks in which many of
them were already depositors.
" Limit Benched.
The fact that the. Increase In deposits
of this bank, which has taken place every
month since January 1 antl which
amounted to $100,000 in July, seems now
to be checked, justifies the impression
that these small storekeepers and others
have reached the limit of their capacity
greatly to Increase their deposits.
The record made by this bank Is in
many respects similar to the record which
has been made by other savings bank. i of
New York., Although there is no authori
tative statement which refers to the ex
perience of savings banks In other parts
St the country, the reasons are "'ft
for believing that on the whole they will
Y he able to report relatively experiences
1 PlmUar to that of the New York savings
7 banks. These banks are gladly aiding in
all efforts which are now under W by
which a return to Industrial and business
PrMuPch 7. .earftfVJuf-.tlon in the
buying ' trade and In real estate opera
tions Yet the savings banks pi rew
York are lending large amounts of money
uoon mortgage security receiving 6 per
nt foT these loans. Mr. Mills- bank has
lent 6.000.000 since the first of January
UDon mortgage security. There are ap
hatlos for some 12.000.000 more and
the expert searchers are now occupied
In investigations Into the PP't' !
that the bank may know whether loans
would be Justified or not.
Must Depend on loons.
Other saving Institutions in New York
and some of the insurance companies are
i innrteaKA security to
such an extent as ",T""
. that building ana rem V.
are now reviving and may In a short time
show great activity.
In order to earn enough to pay trie
promised interest to depositors and in
addition to gain a constantly increasing
surplus, the savings banks of New York
must depend chiefly upon loans with mort
gage security and upon the purchase of
bonds. Here as well as elsewhere one
of the important markets for the disposal
of high grade bonds Is found in tne
savings bank. It entails, however, much
skill and good business judgment in order
to reach a decision to purchase bonds.
For Instance the atate of Michigan of
fered an issue of several millions of bonds
having a long time tok run and bearing
Interest at the rate of 6 Mi per cent. This
" was more attractive than the issue of-
,J ierea oy new iui . , 7
t Interest upon New York bonds was not
Y as large as iimi ... . -
bonds carried. ,
Clad to Boy Bonds.
New York savings banks were glad to
purchase the Michigan bonds. They con
tinue to be glad. These bonds are as
certain to be paid when due and the
Interest Is as sure to be paid as are the
bonds Issued by the United States govern
ment. One saving bank bought $500,000
in Michigan bonds. Since that purchase
it haa been offered three points more
than it paid tor the bonds, but that was
no temptation to sell.- The savings banks
of New York and presumably all or
nearly all of the savings banks of the
country have Invested millions in govern
ment bonds. These banks have been one
of the chief markets for the disposal of
government bonds by those who have been
compelled to sell. There Is perhaps no
better way of discovering what the real
condition is throughout Ihe country than
by careful study of the reports which
are made by the savings banks not only
In New York City and state but through
out the United States. ;
Kansas City Live Stock.
Kansas City. Aug. 16. U, S. Bureau of
Markets) Cattle Receipts, ' 21,600 head;
beef steers, steady to 15c lower; some
bids oft 35c; top yearlings, $10.50
10.60; best 1.200-pound steers, $10.40;
other fed kinds. 9. 00 10.15; early sales,
grassers, $5.25 8.00; shs stock, stockers
and feeders, steady to 16c lower; most
ws. IJ.SOffl 4.7o; choice Kinds noova
' $5.00: early sales stockers, $4.506.10;
feeders. ie.3UU7.is: some neia over.
$7.50; calves, steady: practical top on
vealers, $7.60; bulks weak; canners, wean
tn ?fi. lower- bulk. $1.7602.00.
Hogs Keeelpts, 8.000 head: open slow
with few sales; lights and mediums to
shippers. 1015o lower tnan ineir ievei
yesterday. Later sales light and medium
to both shippers, packers, generally
steady with yesterdays average, lew
closing sales: most heavies, 10 to 20c
higher; packer top. $9.75; prime S im
pound weights. $.10; shippers top. 19.86,
bulk of sales, $9.S5.76; stockers, 10
15c lower: very few over $10.10.
Sheep Receipts, 6,000 head; steady to
strong; best light ewes, $4.75; lambs,
steady; western Kansas, $10.00; natives.
$9.60.
St. Louis Live Stock.
East St. Louis, 111.. Aug. IS. Cattle
Receipts (1.000 head; market, good to
Choice steers, steady to strong; spots,
higher; $10 paid for yearlings and heavy
weights; grassers, easier; southwestern
uteers, 15c to 25c lower; best light year
lings, strong to 25c higher; others, steady;
cows, 25c lower; bulls and stockers, steady;
veal calves, 25c to 60c higher; top, $0.00.
Hogs Receipts 9.000 head; market,
oloaing slow, fully 60c lower; top, $10.70;
bulk lightweights, $10.40 10.66; mediums.
$10.00 10.35; heavies, $9.00010.00; pack
er sows, 25c lower; pigs, 25c to 60c lower,
clearance poor.
Sheep and Lambs Receipts 3,000 head;
market, closing firm; best lambs, 25c to
SOe higher; sheep and other grades, steady;
top lambs, $9.(0; bulk. $8.759.25: culls
mostly, $4.50; ewes, $3.00(( 4.00; clearance,
good.
Sioux City Live Stock.
Soux City, Aug. 1- Cattle Reeepts.
1,100 head; market, steady; beef steers,
$S.609.76; fed yearlings, $6.0010.30;
grass steers, $5.00(97.60; fat cows and
heifers. $4.0099.00; canners, $1.6004.00;
veals, $4.0098.00; grass cows, $3.006.00;
calves, S3.60Oi.7S; feeding cows and heif
ers. $2.6005.00; stockers and feeders, $4.00
e?"- . .....
Hogs Receipts, ,00o nesa; maraei, u
4ic lower: lirht. tt.50 10.00; mixed.
x 7.-,r 9 KO! he.vv. 17.0009.00: tUlk of
ales. $7.759.t0.
Sheep Receipts. 1,000 head; market,
tteady.
it- , nty Produce.
Kansas City. Aug. Eggs Firsts, lc
hll-u.-i, jic; ,rts, unchanged.
Sutter and Poultry Unchanged.
Live Stock
Omaha, Aug. 16.
Receipts were: Cattle riogs Sheep
Official Monday ...14.041 4,288 30.363
Estimate Tuesday . 6,500 7,800 18,000
Two days this wk. .21,441 13,0X8 48.363
Same last wk 17,303 11,024 30,24
Same 2 wka. ago... 16.954 12,303 43.746
Same 3 wks. ago. ..13,664 14,330 22,08$
Same year ago ....18,305 11,425 38.819
Receipts and disposition of live stock at
the Union stock yards, Omaha, Neb., for
24 hours, ending at i p. m., August lii,
1821: RECEIPTS CAHS. Horses
and
Cattle.Hogs. Sheep. Mules.
Mo. Pae. Ry 8
Wabash R. R 6
Union Pac. R. R. . . . 46
C. & N. W. Ry., east 10
C. & N. W. Ry., west 64
C, St. P., M. AO. Ry 20
C, B. & Q. Ry., east 18
C, B. & Q. Ry., west 64
C. R. I. & P.. east 28
1
81 64
6
34 7
19
11 2
17 1
6
"i '.
ui 104 1
C, R. I. & P., west. . 1
Illinois Cen. Ry. .. 2
C, O. W. Ry 4
Total recelDta ...260
DISPOSITION HISAU.
Armour & Co.
.1.116 1.481
2,661
2,835
289
1,759
3,138
Cudahy Packing Co..
.1,268 1,667
. 477 797
. 863 893
.1,023 1,054
1,337
426
461
. 212 ....
Dold Packing Co. ...
Morris Packing Co. .
Swift & Co
J. W. Murphy
Swart & Co
Lincoln Packing Co..
Wilson Packing Co. .
M. Glassbura-
12
Hoffman Hros 32
Maverowlch & Vail
63
Midwest Pack. Co.
8
8
P. O'Uea
Omaha Pack. Co 24
John Roth & Sons 18
Banner Bros 192
J. H. Bulla 103
R. M. Burruss & Co. . . 81
W. H. Cheek 146
E. G. Christie & Son.. 44 ....
Uennis & Francis 143 ....
mn A Co 117
John Harvey 813
Huntringer ft Oliver .. 36
T. J. Inghram J
F. G. Kellogg ls
Joel Lundgren 91 i
F. P. Lewis 66 ,
L. McAdams
J. B. Root si Co sj
Rosenstock Bros 7S .... .....
Sullivan Bros 87
v R. Van Sant & Co. 29
Wertheimer & Degen.. 184
M. A. wolowitz ?
Burringes J
Kirkgsbrich
Other" Buyers'
Total 9.586 7,708 17,748
Cattle Receipts of cattle dropped off
Tuesday 6.600 head, the orrenngs uu.
taely corn feda Demand for these was
good and opening price, steady, although
i.Vii in th dav the market weakened
off and closed 10 to 15c lower. Best
?earl"ngs sold at $10.2610.60. the latter
being high price of the season. In west
ern rangers the market was flow from
start to finish and trend of values ower
As on yesteraay in.
lv at $6.60O'.eo ana viiexo
here today as choice as the $8.60 grass
beeves Monday. Cow. and heifer, were
In liberal supply and steady to a shade
lower and the same was true as to stock
ers and feeders.
Quotations on Cattle Choice to prime
beeves. $9.7610.25; good to choice beeves,
$9.O09.75; fair to gooo oeev, ''
8.90; common to fair beeves, $8 00 8.40,
good to choice yearlings, $9. 40 9.85; fair
to gooa yeariinss, n.owff.i,,
to fair yearlings. $7.758.60; choice to
-r. hAVPS. 17.75W8.50: good to
choice grass beeves. $6.757.60; fair to
good grass beeves, i..'fjo.tu; aiejitnii-.
$4.605.76; choice grass heifers, $5,500
8.00; fair to good grass heifers, $J-26
6.40; choice to prime grass cows, JS JOg
6.25; good to choice grass cows, $4.60c
6.25; fair to good grass cows, $8-'6
4.60; common to fair grass cows, $2.00
3 60; good to choice feeders, $6.757.75;
fair to good feeders, $6.006.76; com
mon to fair feeders. $5.006.00; good to
i-holcn stockers. $6.407.00: fair to good
stockers, $5.6fl6.S5; common to fair
stockers, $4.60ifeS.60; stock cows, $3.00
4.60; stork heifers, i4.ouipiti.ou; .L""
calves, $4.607.25; , veal calves, $4.00
7.50; bulls, stags, etc., $3.60 4.25.
BEEF STEERS.
No. Av. Pr. No. Av. Pr.
17 938 8 75 62 1181 00
15 1222 10 00 36 1296 10 10
40 1042 10 25
STEERS AND MtilKi.no.
21..
19..
.1003
9 00
16.
941 10 25
10 60
HEIFERS.
4 60 8...
BULLS.
5 90 - 1...
634
801 5 E0
1400 4 60
7...
1...
.1372
. 940
00
AVTOMINO.
6 10 4 cows.. 995
6 40 26 strs.. 1093
6 25 21 hfrs.. 800
6 65 20 strs.. 1305
8 50
MONTANA.
5 00
IS cows.. 947
IS fdrs. . 6Rt
20 strs.,1063
17 strs.. 705
23 strs.. 1238
18 strs.. 960
5 10
6 75
4 75
8 50
COLORADO.
19 fdrs.
778 ' 6 00 63 fdrs
613
S 80
C 00
8 fdrs.. 785
4 75
34 fdrs.. 800
13 fdrs.. 570
fdrs.. 960
7 cows 1010
17 hfrs.. 738
14 fdrs.. 897
34 fdrs.. 694
13 cows.. 973
15 cows 1096
12 fdrs. .1176
5 80
NEBRASKA.
4 60 10 fdrs.. 848
5 25
3 75
6 35
6 75
7 10
6 76
6 60
6 10
4 00
14 fdrs.. 897
26 fdrs.. 823
7 strs. .1122
39 fdrs. .1055
6 strs. .1175
8 cows 1167
13 fdrs.. 770
6 00
6 60
6 60
4 25
4 75
50
21 cows.. 939
4 75
SOUTH DAKOTA.
12 fdrs.. 612 4 75 10 fdrs.. 647 6 25
, e nit t 1Avm 7Q S in
I 22 strs.. 1131 40 7 fdrs.. 817 ( 00
24 fdrs.. W5 8 30 6 fdrs.. 831 fi 00
Hogs Receipts of hogs this morning
amounted to 7.800 head and prices ruled
lower from the start with the average
HortinA Amounting to about 25c. A few
I carl v galea were made on a 16 25c lowe:
1 basis but the closing trade reflected the
full decline. Best llgnt nogs topped Aii
$10.00 and bulk of the entire receipts
sold from $3.009.7S.
HOGS.
No. Av. Sh.
45. .392 250
Pr. No. Av,
Sh.
80
Pr.
7 90
8 05
8 15
8 25
8 35
8 60
8 76
8 80
15
9 25
- 80
10 15
7 75
8 00
8 10
( 20
8 30
8 50
8 70
8 80
00
9 20
9 65
26. .860
48. .830
62. .308
37. .332 140-
55. .331
57. .301
II. .265
S3. .877
28. .283
69. .247
71. .240
75. .263
33. .180
61. .181
210
180
70
68. .309 150
62. .320
69. .254
63. .250
73. .269
39. .250
47. .238
31. .238
74. .178
70
80
10 00
Sheep Arrivals of
sheep and
lambs
ammmi. ,n is fiftft head and no material
change occurred in any branch of the
trade. Demand was rather backward,
however, with fat lambs quoted steady or
very nearly so and with fat sheep sell
ing on yesterday's basis. Best fat lambs
were quoted up to $10.001.25. Feeder
trade was rather quiet, but good thin
lambs are still wanted up to $7.7.5 with
$7.60 buying a pretty good kind.
Quotations on Sheep Fat lambs, west
erns, $9 2610.25: fat lambs, natlvis,
$9.6009.25; feeder lambs, $7.6008.60; cull
lambs, $5.00A6.50; fat yearlings. $5.76
6.76;: fat ewes, $3.255 00; feeder ewes,
$2.7503.60; eull ewes, $1.6083.00.
FAT LAMBS.
No. Av. Pr. No. Av. Pr.
368 Wyo. 6 65 (62 Wyo. 62 75
18 Wyo. 71 t 75 770 Ida.. 80 10 00
767 Ida.. 79 10 28 181 Nev. 0 8 75
FEEDER LAMBS.
583 Wyo. 81 7 80 13 Ida.. 68 1 (0
340 Ida.. 86 7 76 834 Nev. (4 7 60
FAT YEARLINGS. FEEDER EWES.
263 Ore. 8 5 60 240 Wyo. 100 1 23
CULL LAMBS.
20 Ida... 69 7 5(1 9 Wyo.. 64 7 21
70 Ida... 67 C 60
Market, Financial and Industrial News of the Day
Financial
By ALEXANDER DANA NO YES
Chicago Tribune-Omuha lies Leased Wire.
New York, Aug. 16. The stock
market and the foreign exchange
market divided financial interest be
tween them today. The foreign ex
changes were distinctly unsettled,
not only marks but sterling and
francs going to a lower level. This
was the course of European rates in
general at this time of the year in
both 1920 and 1919. Indeed, both
sterling and continental exchange
would usually decline within the
limits fixed by maintenance of the
gold standard, during the latter
part of August even in prewar years.
The movement was 'then anticipative
of our own greatly increased mer
chandise exports in the autumn and
a similar influence may now be pre
vailing. But the course of all Euro
pean rates, is on the present oc
casion, complicated, directly and in
directly, by the confusing cross cur
rents of the German payments.
On the stock exchange the daily
procedure of the last week or so
was repeated, with some increase
in the amount of business done.
Pressure from speculative quarters
was again applied to the industrial
shares, converging on half a dozen
of the more active stocks, some of
which declined two points or more.
Meantime the general list changed
only by fractions and the railway
shares' held relatively firm. .
Today's further decline in exr
change on Berlin, which at one time
brought the German mark below
1.07 cents, as against 1.24 cents re
cently as last Thursday, was close
ly watched.
Chicago Uve Stock.
Chlcaao Aug. 16. Cattle Receipts
10 000 head; market, choice beef steers,
steady; other grades
to l5o lower: top yearlings, $10.7o, neavy
?eer. 10.60; buV T.0010.M: -h. stock
dull, about steady; bulk fat she stock
innifflS25: canners and cutters, li.iow
3.26: bulls, steady; bulk $4.506.25; veal
calves, stockers and feeders, strong ; bulk
light veal calves to packers. $8.O0S.5O.
Hogs Receipts 25,000 head; market
mostly 260 to 60c lower than yesterday ,
average; closed demoralised ?-s;1tv0
75o lower; no'aover wy i .
$10.85; practical limit late, l-5; bulk
lleht and light butchers, $10.0010.7b,
bulk packing sows, $8.00D8.65; pigs 'fully
50c lower; bulk desirable, $9.259 76.
Sheep and Lambs Receipts 20,000 head;
market, native lambs, steady; top. $10.25,
bulk to packors. $9.2510.00; culls mostly,
$6.00: western lambs steady: others loo
to 25o lower; top. $10.76, ranging down
to $10.40; six loads not sold at noon;
Montana wethers, 25c higher at -2;
native fat ewes steady at $3.264.50; no
choice lights here; feeder lambB strong;
no sales to noon.
New York Cotton.
New Tork, Aug. 16. Commission house
selling, based on poor cable and cooler
weather in the southwest, weakened New
York cotton 4 to 8 points at the start to
day. There was also a renewal of south
ern hedge selling, while Liverpool sold
the near months and bought the late.
The demand was scattered and partly
local, but absorbed the offerings so that
the market acted steady after the open
ing, at about 5 points net loss on Oc
tober. .
The early bulge met Increased offer
ings, but after selling off about 10 to 12
points net lower on active months, the
market held quiet and steady within a
point of last night's closing. The market
was steadier in the afternoon on cover
ing, with prices close to last night s
closing figures around 2 o'clock.
New York General.
New York, Aug. 16. Wheat Spot, mar
ket easier; No. 2 red, $1.36; No. 2
hard, $1.374; N. 2 mixed durum, $1.39J4,
c. I. f. track. New York, to arrive; No.
1 Manitoba, nominal.
Corn Spot, market easy; No.' 2 yellow
and No. 2 white, 79c; No. 2 mixed, 79 He,
c. i. f. New York, 10 days' shipment.
Oats Spot, market easy; No. 2 white,
47c
Hav Market firm; No. 1, $32.00; No. 2,
$28.00i30.00; No. 3, $25.0027.00; ship
ping. $22.0024.00 per ton.
Lard Market weak; middle-west, $11.25
1 1.35.
Hops Market firmer: state 1920, 26
30c: 1919. 20lgi22c; Pacific coast 1920,
2731c; 1919. 2124c.
Turpentine and Rosin.
Savannah, Ga., Aug. 16. Turpentine
Firm; 64c; sales, 200 bbls.; receipts. 628
bhls.; shipments, 17 bbls.; stock, ,602
bbls.
Kosln Firm: sales. 1 207 casks; re
ceipts, 1,394 casks: shipments, 1.0S9 casks;
stock, 72,797 casks.
Quote: B. D, E, $3.76; F. $3.80; G,
$3.85; H. $3.90; I, $3.95; K. $4.05; M, $4.15;
N, $4.20; WG, $5.00; X. $5.45.
' New York Metnls.
New York, Aug. 16. Copper Unset
tled; electrolytic spot and nearby, 12
12Wc; later, 12H12Wc
Tin Easier; spot and nearby, 26.25c;
futures, 20.25c.
Iron Nominally unchanged.
Lead Steady; spot, 4.40c.
Zinc Quiet; East St, ' Louis delivery,
spot, 4.204.25c.
Antimony 4.C0c. '
St. Josenh Live Stork.
St. Joseph, Aug. 16. Cattle Receipts.
2.700 head; steady to 25c lower; steers,
$8.16610. 40; cows and heifers, $3.50
10.25; calves, $4.50(&7.0O.
Hogs Receipts, 3,600 head: mostly 26c
lower; top, $9.90; bulk. $8.259.85.
Sheep Receipts, 2,500 head; steadv to
wpak; lambs, $9.0010.25; ewes, $3.25
1.2C. -
New York Sugar.
New York, Aug. 16 The locsl market
for raw sugar was quiet today and while
no sales w-.'re rrortPd, there were offer
ings at last prices, Porto Rlros being
available at 4.75c for centrifugal while
the committee offered Cubas at 3Kc, cost
and freight, equal to 4.86c for centrifugal.
New York Dry Goods.
New York. Aug. 16. Dry goods mar
kets were firm for the day, with the ris
ing price tendency momentarily arrested.
Broad silks were quiet as a result of re
tarded retail movement. Men's woolen
goods were active. Burlaps were quiet
and held to low price levels.
London Money.
London, Aug. 16. Bar Silver 38d per
ounce.
Money 4 per cent.
Discount Rates Short bills, 4 per
cent; 3 months' bills. 4 per cent.
London Metals.
London, Aug. 1. Standard copper,
spot, 69, 12s, 6d; electrolytic. 73, 10s;
tin, 1 64, 17s, 6d; lead, 123, 12s, 6d; line,
25, 2s, 6d.
Linseed Oil.
Duluth, Aug. 16. Linseed On track and
arrive, 2.13 Via
New York Quotations
New York Quotations.
Range of prices of the leading stocks
furnished by Logan & Bryan, Peters
Trust building:
RAILS.
Monday's
High. Low. Close. Close.
A., T. S. F 84t 83 84 8414
Bait. & Ohio 36 36 36 36
Canadian Pac 114 112 112 113
N. Y. Central 70 70 70 71
Chea. ft Ohio 63 63 53 53
Erie R. R 13
Gt. N., pfd 74 73V4 73 73
C. Gt. Western... 7V4 7V4 7Vi 7
Illinois Central 91
Kan. City Southern 24 24A 24 25
Mo. Pacific 19 1 18 19
N. Y., N. H. ft H . . 16
N. Pacific Ry 7614 74 75 71
Chi. ft N. W 65 65 65 65
Penn. R. R 87 87 37 37
Reading Co 67 66 66 67
C, R. I. & P 31 30 3iyt 31
Southern Pac 77 76 76 77
Southern Railway.. 19 19 19 19
Chi. M. ft St. P 25
Union Pacific 120 119 119 119
Wabash J 7 7 7 7
STEEL.
Am. Car ft Fdry.,122 122 123 123
Allis-Chalm. Mfg. 30 29 2 30.
Am. Loco. Co 83 82 83 83
Baldwin Loco. ... 73 72 72 73
Beth. Stl. Corp.... 48 47 48 49
Colo. Fuel ft Iron. 22 22 22 22
Crucible Steel .... 63 61 62 64
Am. Stl. Fdry 25 23 23 25
Lackawanna Stl 38
Mldvale Stl 23 23 23 24
Pressed Stl. Car... 66 64 64 67
Rep. Iron-Stl 45 45 45 46
Ry. Stl. Spring... 74 70 70 74
U. S. Steel 74 73 73 74
COPPERS.
Anaconda Cop. ... 36 34 34 35
Am. Smlt.-Rfg. .. 83 33 33 34
Butte & Sup 11 11 11 1
Chile Copper Co.. 10 10 10 10
Chino Copper .... 21 21 21 22
Insp. Cons. Cop... 30 80 30 ....
Kennecott Cop. .. 18 18 18 17
Miami Copper .... J
Nev. Cons. Cop.... 10 9 9 10
Ray Cons. Cop.... 12 12 1214 12
Utah Copper Co... 44 44 44 44
INDUSTRIALS.
A. G. ft W. I. S. S. 20 20 20 21
Am Int. Corp 28 27 28 28
Am. Sum. Tob. Co. 44 43 44 44
aS Tel'.' &nTel0::i66 105 106 105
Am. Agr. Chem... 31 80 30 JO
Bosch Magneto ,.. 30 30 20 ....
Continental Can... 35 84 36 1
Am. Can Co 24 24 24 25
Chandler Motor ..45 44 44 45
Cen. Leather Co... 26 26 26 26
Cuba Cane Sugar. 9 9 9
Cal. Pack. Corp... 69 59 69 0
Cal. Pet. Corp.... 30 29 80 80
Corn Prod. Rfg... 66 64 64 66
Flsk Rub. Co 9 9 9 ....
Gen. Electrlo Co. .112 109 110 112
Gen. Motors Co... 10 10 10 10
Goodrich Co 30 80 30 29
Inter Harvestor .. 69 68 69 69
Haskell ft Brkr... 66 66 66.....
U. S. Ind. A I. Co. 46 45 45 47
Inter... Nickel .... 13 13 - 13 18
Inter. Paper Co.. 43 42 43 44
Island Oil 8 2 2 2
Ajax Rub. Co 20 20 20
Kelly-Spring. Tire 38 37 37 38
Key. Tl?e ft Rub.. 12 12 12 12
Inter. Merc. Mar.. 9 9 9 9
Mex. Pet 93 90 90 J3
Mid. States Oil ... 11 10 11 U
Pure Oil Co. ..... 25 24 24 25
Willys-Over. Co. . 6 6 6 6
Pacific Oil 34 34 84 34
Pan-Am. Pet & T. 43 40 41 43
Pierce-Arrow Mot. 13 13 13 13
Royal Dutch Co. . 49 48 48 49
U. S. Rubber Co . 48 46 48 47
Am. Sug. Rfg. Co. 62 61 62 62
Sin., OH ft Rfg. ..18 16 17 18
Sears-Roe. Co. .. 63 61 62 64
Stroma. Carb. Co.. 28 26 28
Stude. Corp 71 70 71 72
Tob. Prod. Co. ... 56 65 56 67
Trans-Con. Oil ... 7 6 7 7
Texas Co 33
U. S. Food Pr. C. 16 16 16 ....
White Mot. Co. .. 33 33 33 32
Wilson Co., Inc .... 32
West. Air 86
Western U 80 80 80 80
West. El. ft Mfg. .43 42 42 44
Am. Wool. Co. ... 67 66 66 67
Total sales, 371,100.
Money, close, 6; Mon. close, 6.
Marks, close, .0107; Mon. close, .0118.
Sterling, close. 3.64; Mon. close, 3.66.
New York Curb Stocks.
The following quotations are furnished
by Logan ft Bryan:
Allied Oil 4 S
Boston Montana 69 68
Boston Wyoming 65 67
Cresson Gold 1
Cosden Oil 6
Consolidated Copper 1 1
Elk Basin 6
Federal Oil 1 ltt
Glenrock Oil 75 78
Island Oil 2 2
Merrlt Oil '
Midwest Refining Co 130 140
Sliver King of Arizona 10 20
Sapulpa Oil 3 3
Simms Petroleum g
Tonopah Divide 7 77
U. S. Steamship 82 32
U. S. Retail Candy 6 6
White Oil 8 8
Foreign Exchange Bates.
Following are today's rates of exchange
as compared with the par valuation. Fur
nished by the Peters National bank.
Par
Valuation. Today.
Austria 30 .0014
Belgium 195 .0760
Canada 1.00 .9050
Ciecho-Slovakla .0126
Denmark 27 .1600
England 4.88 3.66
France 193 .0783
Germany 238 .0117
Greece .196 .0565
Italy 185 .0438
JUKO-Slavia .0062
Norway 27 .1310
Poland .0008
Sweden .27 .2110
Switzerland 195 .1695
Chicago Stocks.
The following quotations are furnished
by Logan ft Bryan:
Armour ft Co. pfd 91
Armour Leather Co. common 12
Armour Leather Co. pfd 83
Commonwealth Edison Co 109
Cudahy Packing Co. common 64
Continental Motors ,. 6
Hartman Corporation common 75
Llbby, McNeil ft Libby...., 85
Montgomery Ward Co & 17
National Leather 7
Reo Motor Car Co 17
8wift ft Co 96
Swift International 23
Union Carbide ft Carbon Co 43
New York Produce.
New York, Aug. 16. Butter Barely
steady; creamery, higher than extras,
4445c; creamery extras, 4344c;
creamery firsts. 3843c. .
E'ggs Irregular; unchanged.
Cheese Easy; unchanged.
Live Poultry Irregular; broilers, 26
28c: fowls, 2832c. '
Dressed Poultry Weak; old roosters,
2127c; turkeys, 2656c.
Chicago Produce.
Chicago, Aug. 16. Butter Lower; re
ceipts, 18,875 tubs; creamery extras, 41c:
standards. 88c.
Eggs Unchanged: receipts, 13.194 cases.
Poultry Alive, higher; fowls, 1837c;
springs, 27c.
Chicago Potatoes,
Chicago, Aug. 18. Potatoes Weak on
red, steady on white; receipts, 61 cars;
Minnesota Early Ohlos, sacked and bulk,
$3.20 J 25 cwt; Idaho and Colorado
white, $3.75 cwt.; Nebraska Enrly Ohlos,
J3.603.60 cwt; Kansas, 13.60 cwt,
Omaha Grain
Omaha, August 16.
Wheat receipts today were 147
cars against 200 cars a week ago and
117 cars last year. Corn arrivals
were 19 cars and oats 29 Wheat
prices were 1 to 2 cents lower. Corn
ranged lc to Vic off. Oats were
unchanged to ylc up. Rye was un
changed to lc off and generally un
changed. Barley was weak.
WHEAT. .
No. 1 hard: 1 car. $1.19 (dark, loaded
out); 1 car. $1.18: 1 car, $1.16.
No. 2 hard: 2 cars. $1.17 (dark); 1 car,
$1.16; 2 cars, $1.15; 2 cars, $1.14; 4 cars,
$1.13 (smutty); 1 car, $1.12 (smutty);
J cars, $1.12 (smutty); 2 cars, $1.12 (yel
low). No. 3 hard: 1 car, $1.15 (dark); 1 car,
$1.14 (heavy); 1 car, $1.13 (smutty); 2
cars, $1.13; 6 cars, $1.12 (smutty); 9 cars,
$1.11 (smutty); cars, $1.11 (yellow); 6
cars, $1.10 (smutty); 2 cars, $1.08
(smutty).
No. 4 hard: 1 car, $1.13; 1 car, $1.10;
7 cars, $1.10 (yellow); 6 cars, $1.09
(smutty); 1 car, $1.08 (very smutty).
No. 6 hard: 1 car, $1.10 (heavy, smutty);
1 car, $1.08 (yellow); 1 car, $1.07 (very
smutty).
Sample hard: 1 car, $1.08 (very smutty);
1 car, $1.05 (heating, very smutty).
No. 1 spring: 1 car, $1.30 (northern,
smutty).
No. 3 mixed: 1 car, $1.11 (smutty); 1
car, $1.08 (durum, very smutty). .
No. 4 mixed: 1 car, $1.12 (smutty); 1
car, $1.10.
CORN.
No. 1 white: 2 cars, 46c.
No. 2 white: 1 car, 46c.
No. 1 yellow: 3 cars, 46c.
No. 2 yellow: 1 car, 46c; 2 cars, 45c.
No. 6 mixed: 1 car, 43c (musty).
OATS.
No. I white: S cars, 29c; 1 car, 28c.
No. 4 white: 1 car, 29c; 1 car, 28c; 1
car, 27c (30.2 lbs.); 4 ears, 27a
No. 2 mixed: 1 car. 27c
RYE.
No. 1: 1 car. 97c.
No. 2: 1 car, 97c.
No. 3: 1 car, 96c; 2 cars, 96c (ship
pers' weight).
No. 4: 1 car, 96o (shippers' weight).
Sample: 1 car. 96c (9.60 per cent wheat).
BARLEY.
1 car: 460 (46 lbs.).
OMAHA RECEIPTS AND SHIPMENTS.
Week Year
Receipts Today Ago Ago
Wheat 147 200 117
Corn 19 , 86 34
Oats 29 23 $3
Rye J J
Barley 2
fihlnmanti-.
Wheat 130 838 23S
Corn 43 44 1
Oats 12 8
Ry I ; 2
Barley " 8
firrnn CAR LOT RECEIPTS.
Today Wk. Ago YE. Ago
Wheat 603 625 260
Corn 619 423 81
Oats 629 642 436
KANSAS CITY CAR LOT RECEIPTS.
Today Wk. Ago Yr. Ago
Wheat 325 347 183
Corn 14 33 6
Oats 32 39 16
ST. LOUIS CAR LOT RECEIPTS.
Today Wk. Ago Yr. Ago
Wheat 161 178 302
Corn 66 114 56
Oats 49 28 61
NORTHWESTERN CAR LOT RECEIPTS
CF WHEAT.
Today Wk. Ago Yr. Ago
Minneapolis 450
Duluth 205
Winnipeg 92 101 111
PRIMARY MOVEMENT.
Receipts Today. Yr. Ago.
Wheat 2,341,000 1,282,000
Corn 1,183,000 273,000
Oats 1,994,000 1,324,000
Shipments
Wheat 2,201,000 614.000
Corn 1,326,000 194,000
Oats 436,000 369,000
U. S. VISIBLE (BUS.)
Today Week ago Year ago
Wheat ....39,514.000 84,667,000 20,653,000
Corn 12,629,000 13,669,000 4,705,000
Oats 47,025.000 42,099,000 4,086,000
Rye 2,844,000 1,178,000 1,626,000
Barley 2,053.000 1,918,000 1,517,000
OMAHA STOCKS (BUS.)
Today Week ago Year ago
Wheat 2,159,000 2,000,000 713,000
Corn 635,000 646,000 351,000
Oats 1,778.000 1,637.000 195,000
Rye 88,000 44,000 13,000
Barley 25.000 17,000 2,000
CHICAGO CLOSING PRICES.
By Updike Grain Co., DO 2627. Aug. 16.
Art. I Open. I Hlgh.l Low. Close. Yest
Wht,
Sept. 1.24 1.25 1.21 1.22 1.24
1.25 1.22 1.24
Dec. 1.26 1.26 1.23 1.23 1.26
1.26 1.23 1.26
Rye I I
Sept. 1.12 1.12 1.10 1.10 1.11
Dec. 1.11 1.11 1.10 1.10 1.11
Corn '
Sept. .56 .67 .56 .65 .66
.67 65
Dec. .66 .66 .53 .63 .55
.55 .6S
Oats
Sept. .34 .35 .33 .33 .34
.35 33, .34
Dec. .38 .38 .37 .37', .38
.38
Pork
Sept. 17.60 17.60 17.60 17.50 17.50
Lard
Sept. 11.05 11.06 10.67 10.67 11.02
Oct. 11.0 11.20 10.80 10.80 11.15
Jan. 9.75 9.75 9.45 9.45 9.80
Rib I i
Sept. 1 9.57 1 9.67 ) 9.80 9.30 9.67
Oct. 9.60 9.50 9.22 9.22 9.50
Minneapolis Grain.
Mlnneapols, Aug. 16. Flour and Bran
Unchanged.
Wheat Receipts, 450 cars, compared
with 117 cars a year ago. Cash, No. 1
northern, $1.40 1.45 ; September,
$1.30; December, $1.28.
Corn No. 3 yellow, 48 49c.
Oats No. 3 white, 2828c.
Barley 4061e.
Rye No. 2, $1.01 $1.02.
Flax No. 1, $2.102.12.
St. Louis Grain.
St. Louis. Aug. 16. Wheat September,
$1.20; December, $1.22.
Corn September, 62c; December.
Clc.
Oats September, 22c bid; December,
36c.
Kansas City Grain.
Kansas City, Aug. 16. Wheat Septem
ber, $1.12; December, $1.14.
Corn September, 44c; December,
45c.
Omaha Hay Market.
Prairie Hay Receipts light, good de
mand for better grades. Prices higher.
Upland Prairie Hay No. 1, $11,00
$12.00; No. 2, $9.0010.00; No. I, $7.00
8.00.
Midland Prairie Hay No. 1, $10,600
11.60; No. 2, $8.0010.00; No. I, $7.00
$.00.
Alfalfa Receipts, nominal, little de
mand. Prices unchanged.
Straw Light receipts, limited demand.
Lowland Prairie Hay No. 1, $8.00
f.00; No. 2, $7.008.00.
Alaflfa Hay Choice, $17.0OQ18.00; No.
1, $15.00916.50; standard. $12.0014.00;
No. 2. $J.O0ll 00; No. 3, $7.008.00.
straw Oat. 18.00O1.00; wheat 17.00
8.00.
Chicago Grab
By CHARLES D. ,MICHAELS.
Chicago Tribune-Omaha life Leased Wire.
Chicago, Aug. 16. Weakness was
displayed in the grain markets to
day and new low price levels were
established for the season in ccrn
and oats. The continued absence
of influential buying power in lead
ing cereals and the action of coarse
grains discouraged holders of wheat,
forcing them to liquidate their lines.
Hedging and liquidation, together
with insufficient support, were fact
ors in corn and sellers of bids were
compelled to protect themselves.
Resting spots showed wheat levels
2 l-43c lower than yesterday;
corn declined 1 1-21 3-4c and oats
ruled 1 l-4c off, while rye was off
1 1-81 3-8c. Provisions were 35c
lower on lard and 27 l-2c off on
libs. No trades were made in pork.
Export business in all positions
were reported at 2,500,000 bushels
and 3,000 bushels corn. Vessel room
was chartered for .230,000 bushels
wheat and 120,000 bushels corn to
Georgian bav and 300,000 bushels
oats to Buffalo. Sales of 200,000
bushels oats made to go to store.
Cash wheat premiums were easier;
corn basis was lowered slightly and
oats displayed betterment.
.Wheat Trices Easier.
An easier price tendency prevailed in
the wheat market. There was no par
ticular selling pressure in evidence, nor
was the news trickling in from the out
side of bearish tenor. The lack of sub
stantial buying power, however, appeared
to be the chief factor in curbing bullish
sentiment. Volume of business transacted
was larger than yesterday, but this was
entirely local In character.
The start was firm with a little buying
bv cash concerns being noted, but there
after the support dwindled and values
eased off. Changing from September to
December and vice versa composed a fair
part of the early trade. The transactions
were made mainly at a difference of
H4n. Weakness in stocks had some ef
fect In the way of increasing selling later
in the day. There was no evidence of
exiiort business at the seaboard early,
while some inquiry was said to exist at
the Gulf. Receipts were fair, the esti
mate calling for 266 cars. Cash market
started out relatively unchanged. Cloudy
weather was predicted over the. bigger
portion of the belt arl i cided changa
in temperature was iorecasc
Corn Eases Off.
Corn eased off in sympathy with the
decline -recorded in the leading cereal.
Limited Interest was shown In this pit
and transactions In general involved light
quantities. Crop news has ceased to have
effect on this market and trade Is in
cllned to base operations on the action ia
wheat. Crop Expert Snow, who Is travel
ing through Indiana,- reported conditions
there unfavorable. Crop Is irreKUlar and
much below average in fields and worm,
damage is heavier than ever before known.
Continued liquidation of long oats, com
bined with hedging pressure, forced oats
sharply lower during the early hours.
Both September and December oats sold
at new low marks on the crop. Septem
ber oats are at the lowest price at this
time in nine years. Outside Interest and
lack of an Incentive to support the mar
ket are the weakening factors. Cash
started easy.
Cash rye, 2c lower. No. 1 sold at
$1.08; No. 2 at $1.08 1. 08. Ship
ping sales, 10.000 bushels. Receipts today
totaled 30 cars.
rit Notes.
With corn and oats both down to the
lowest point on the crop, there was not
much buying apparently outside of the
support which came on buying against
bids and some short covering. It was
understood that one or two good-sited
lines of long corn were slipped overboard
and considerable profit taking on the part
of leading shorts, but the market did not
show mui h resistance to selling pressure
as a whole.
A change In the position of country
banks was indicated by a message from
Lincoln, saying that a bank near there
was trying to loan money to the farmers.
In that section the farmers have sold
wheat freely and the bank now has money
to loan. Farmers are trying to buy hogs
to feed, but are having some difficulty.;
Charters were made for 300,000 bushels
of oats to Buffalo this morning.
Winnipeg No. 1 northern wheat was
$1.91 flat, or about 42c over Winnipeg Oc
tober, while No. 2 was 32c over, and No.
3, 34c over October.
81nce July 13, 1,766,000 bushels corn
hair been posted as out of condition In
local elevators.
According to Russell's News of New
York, there has been 18,000,000 bushels
more wheat ground and exported to date
on this crop than ft year ago and 41,000,
000 bushels more than in the same period
two years ago.
Decatur. III., wired that wheat and
oat threshing In that section was about
finished. The quality of both wheat and
oats was said to be poor.
In a report coverlne Lake. Carroll and
Clinton counties, Indiana, B. W. Snow
states that corn has farodi badly on
thin or sandy soil, but is good on the
bottom lands. The crop is irregular and
close examination shows more than ap
pears from the road, i
One of the best features of the wheat
trade was the relative strength In the
Setemher.
The government estimates the carry
over of wheat in the visible sunply, mill
Ptocks and farm reserves on' July 1 at
88,786.000 bushels compared to 108,374,000
bushels last year on the same date.
E. F. Leland ft Co. have the following
from Minneapolis: "The harvest In the
northwest Is well along to conclusion.
Minnesota wheat generally Is of very
good quality but reduced In quantity:
weleht avernges about 68 pounds or over
and 20 to 30 bushels to the acre for
wheat."
Lecount wires Stein, Alsteln ft Co.
from Sioux Falls, S. D. : "Through
South Dakota oat belt about half the
crop la In the stack, balance threshed.
Crop Is very disappointing. Corn crop
early and looking fine.
New York. Aug. 16. Prime Mercantile
Parver 66c.
Exchange weaK.
Sterling Demand. $3.84; cables. $S.6S.
Fram-- Demand, 7.72c; rabies. 7.738.
Belgian Francs Demand, 7.67 c;
cables. 7.58c.
Guilders Demand, 30.ic; trauies,
"IreDemand. 4.33c: cables. 4.33c.
Marks Demand. 1.07c; cables, 1.07c.
Greece Demand. 5.48c.
Sweden Demand, 21.23c.
Norway Demand. 13.00c.
Argentine Demand, 29.87c
Brazilian Demand, 12.25c.
Montreal 10 3-16 per cent discount.
Time Loans Firm: 60 days, 90 days
and six months. 66 per cent.
Call Money Firm; high, 6; low. ;
ruling rate, 6; closing bid, 6c; offered
at 6; last loan. 6.
lrnreitfn exchange rates were Irregular
later, some remittances rallying and others
going stm lower. ....
Se-llna Demand. $" 64: cables, $3.64.
Guilders Demand, 30.92c; cables, 30.90c.
Marks Pemnnd, l.llc; cables, 1.12c,
Oreece Demand, 6.63c.
New York Dried Frulta.
-y Vnrk. Auk. 16 Apples Evapor-
- nuiet.
rrunes and Apricots Market firm.
Bonds and Notes
The following quotations furnished by
the Omaha Trust company:
Appro x.
Bid. Ask. Yield.
Am. Agrl. Ch. 7s, 1941 95 96 7.86
Am. T. ft T. Co. 6s, 1922 98 98 7.40
Am. T. ft T. Co. 6s. 1924.. 99 89 6.30
Anaconda 7s, 1929 86 88 9.20
Armour 7s, 19a0 97 98 7.26
Bel. Govt. 8s, 1941 100 100 7.90
Belgian Govt. 7s, 1946 101 102 7.30
Bethlehem Steel 7s, 1923 98 98 7.70
British 6s, 1922 98 89 6.20
British 5s, 1929 88 89 7.25
British 5s. 1937 86 87 8.87
C. B. ft Q. Jt 6s, 1936 100 101 6.60
C. C. C. & St. L. 6s, 1929 88 89 7.80
Chile 8s, 1941 97 98 8.20
Denmark 8s. 1945 101 101 7.85
French Govt. 8b, 1946... 95 95 .S5
B. F. Ooodrlch 7s. 1925.. 90 91 9.60
Oulf Oil Corp. 7s, 1933.. 97 97 7.80
Jap. Govt. 1st 4s, 1926 86 86 t.00
Jap. Govt. 4s, 1931 71 73 8.30
Norway 8s. 1940... 103 108 7.65
N. W. B. T. Co. 7s. 1941 102 103 6.70
N. Y. Central 7s. 1930... 102 102 .2
Packard 8s. 1931 95 96 8.70
Penn. R. R. Co. 7s. 1930 103 104 6.40
S W. B. T. Co. 7s, 1925 96 97 8.10
Swift A Co. 7s, 1926 97 97 7.77
Swiss Govt. 86, 1940 106 106 7.45
Tlde'r Oil Co. 6s. 1930.. 94 95 0.95
U..S. Rubber 7s, 1980.. 100 100 7.45
Vacuum Oil 7s, 1936 100 101 6.87
West'se Elec. 7s. 1931 .... 101 101 .7i
Liberty Bond Trices.
New York, Aug. 16. Liberty bonds at
noon: 3s. 88.72; first 4s, 87.72 bid;
second 4s, 87.60; first 4s, 87.92; sec
ond 4s. 87.74; third 4s, 91.88; fourth
4s, 87.86; Victory 3s, 98.74; Victory
, ..,
LiDeriy oonas ciumu oyta. oo.ou, m..
4s. 87.80 bid; second 4s, 87.70; first 414s.
87.82; second 4s. 87.72; third 4s, 91.86;
fourth 4s, 87.88; Victory 3s, 98.74;
Victory 4s, 98.74.
Bar Silver.
New York, Aug. 16. Bar Silver Do.
mestic, 98c; foreign, 61c; Mexican dol
lars, 47c.
An Opportunity Which May
Never Present Itself Again
The United States of Brazil Exter
Bonds: nal Sterling 5s
Secur- General external obligations of
ity: a sound government which is
larger than the United States,
France and England combined,
(not including Alaska) has
thirty million people, enormous
natural resources, and national
- revenue of seven and one-half
times the interest on its exter
nal debt.
The A current income of from eight
Income: to in excess of ten and one-half
per cent, per annum will be
realized in addition to the fact
that with Sterling at par at
maturity $973 will be repaid,
for every $470 invested.
Circular and price on request.
OmakTrust Company
Omaha National
Serv
in the careful handling of all orders
for grain and provisions for future
delivery in all the important markets.
We Operate
Omaha, Nebraska Lincoln, Nebraska
Hattinft, Nebraska
Holdrege, Nebraska Geneva, Nebraska
Chicago, Illinois
Sioux City, Iowa Oet Moines, Iowa
' Hamburg, Iowa
Milwaukee, Wisconsin Kansas City, Missouri
Private wire connections to all office
- 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
S Updike Grain Company
"The Reliable Consignment House
Pooled Wheat lo Be Sold
Through Grain Exchang
Chicago, Aug. 16. The National
Grain Dealers' association announced
receipt ol word that 25.000,000 bush
els of Montana, Oregon and Wash
ington wheat, in the pool of tin
Northwest Wheat Growers' associa
tion will be marketed through th
ususal exchange channels. George.
C. Jewett, general manager of th
association, is a director of tho
United States Grain Growers, Inc.,
but the association's wheat with with
held from the latter organization's
control.
Lexington Firemen Will
Hold Tournament August 25
Lexington, Neb., Aug. .(Spe
cialsFiremen of Lexington will
hold a tournament in the city on
August 25, to which all volunteer
fire organizations are invited. There
wilt be a parade at 10:30 in the
morning. In the afternoon a pro
gram of races and contests will be
held. Gothenburg's Rube band will
assist the Lexington band in musi
cal entertainment. A ball game and
dance also will be held.
New York Coffee.
New York, Aug. 16. The market foi
coffee futures showed a further Improve
ment today, owing to reiterated report!
of a better tone In Brasll and covering
by near-month shorts. The opening wa
6 to 7 points higher and the advance
extended to 6.75o for September and 7.18c
for December, or 10 to 17 points net
higher. Last prices wero approximately
the best, showing net advances of 10 to
20 points. Sales, including switches, were
estimated at about 61.000 bags. Septem
ber, .76c; October, .89c; December, 7.1c;
January. 7.30c; March, 7.57c; May, t.76c;
July. 7.95c.
Spot coffee steadier; Rio 7s, 7o to
7c; Santos 4s, 10c to 10o.
The vital statistics ire published
on the want ad page.
What Every Investor
Should Know
If you own or contemplate buying real
estate, stocks, bonds, including Lib
erty s; Foreign Exchange, shares in
Building and Loan Associations, write
for fret valuable book No. 802.
"What Every Investor Should Know"
80 pages illustrated.
Rose & Company
Investment Bankers
50 Broad St., City of New York
Bank Building
o o o
Offices at-
ice
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