THIS UEK: UA1AHA, TUESDAY, AUGUST 23, 1921.
Resources Of
Country Would
Make Capital
New York Financier Believes
True Balance Between Our
Production and Consump
tion Will Solve Problems.
By HOLLAND.
George E. Roberts, at one time di
rector of the mint and now vice
president of the National City bank,
said to the members of the Inter
national Chamber of Commerce at
its recent meeting in London that
the United States possesses poten
tial resources which, if avail could
be made of them, would furnish the
world with a large part of the fresh
capital which is now needed. Mr.
Roberts did not mean that this coun
try can provide money in large
amounts with which to enable the
world to recover its balance. The
capital to which he referred is raw
material, foodstuffs, copper and mass
production in many5 lines including
steel, industrial and railroad equip
ment. But the vary faet that we do pomes.
Ifl . re,?urc" which. If there cn be
disentanglement from present dy in
volved condition, would enable us to
furnish the world with real capital oc
caslons, Mr. Roberta said, by reason of
the variety and the treat capacity of our
uuunriti, inucn perplexity in world
trade because we cannot determine what
we are willing- to take In exchange for
the things we are anxious to sell.
Foreign Trade Decrease.
A few days after Mr. Roberta thua
(poke there came official report telling
of the astounding decrease In our for
eiKn trad especially In the final six
month of the fiscal year which, ended
on June !0th. This trade fell off al
most one-half. But a It ia measured
In dollar and not In quantity it la rea
sonable to assume that this decrease ha
been accaaloned by the falling off in
price, In some case a much a 60 per
cent.
What 1 now necessary In the view of
Mr. Robert and of many other 1 the
brInirtnK about of a true balance between
production and consumption and be
tween the International trade In which
the various trading nation are now en
gaged. Mr. Robert apparently had In mind
the fact that notwthstandlng- the de
crease in our international trade in the
li month ending June sotn, nevertne
less that trade created a favorable bal
ance for th United mate of about two
billion dollar. Before the war If we
had a visible trade balance of half a
billion we were satisfied and gratified.
One Remarkable Change.
One of the change in our relation
with world affair to which Mr. Robert
referred is our almost wonderful absorp
tion of foreign securities. Up to the
year 19H. hardly any aecuritie Issued In
other land than our own had been mar
keted In the United State. On th con
tiary it wa our cutom to go to Lon
don or to Pari or to Holand and to a
less extent to Oermany for loan or for
market place for our own aecuritie.
Now that i changed. During the war
only a few issue for the allied and neu
tral government wera sold in the United
v..... imw.aiiiat.lv after the armistice
wa algned there came many offerings of
securities from other lands, almost all of
which were accepted. Mr. Roberta estl
mate I that ince November, 1819. some
what In exces of one billion dollar rep
resented by foreign government aecuritie
have peen old in the United State.
Where the Capitol Went.
For one Imperative reason much of the
development work in the United State
wa topped after 1914. The reason why
great development in the United States
was checked is attributed by Mr. Roberta
to the fact that government loans, tne
aggregate of which wa approximately
125 000,000,000, absorbed almost all or
the available fund of the people. The
re.ult is that while we have P?'""'' "
muchsourc. which if they could be made
available would aupply the world with
much of the capital which i v neede d. j
we on the other hand are unable to avail
eurselvea of these resources. .,
Gradually we are exiricaima
from the involvesd situation which was
occasioned by the war. The 0.v"m?;'
at Washington i about to aid In the
".fled readjustment, and It i. regarded
by Mr. Robert a especially gratifying
that on the whole labor throughout the
United State 1 taking a reasonable view
of situation. ,
New York Cotton.
New Tork. Aug. Il-Th. cotton market
.howed considerable firmness during to
day' early trading, owing to Wo
very high temperatures In the southwest
and relatively steady Liverpool cable.
" UvehioT cable, attributed the advance
there to unfavorable crop "Ports.
Trading remained quiet during the mld
die of the afternoon, but price. hwed
w?aheUr report con Irming Varly "report.
ct bo weather In the southwest Dem;
ber ruled around 113.65 to S1S.70. com
nared with H at the close last week.
r After aTvancin, to
or S point, net higher, the market be
S5ST-B
under realising. A good PvSring which
points net higher.
Kansas City Uve Stock.
t 0 yearling heifers, 8 76: canner., 1 76
S.O0i bulk. bull. 3.00 4.25. early
.ales. stoekers, 14.00 6.00; feeder.. 15.40
Hoss Receipts. 7.500; open .low: bulk
latersa7es.aW, tlve to packer and
ehippers. 2560o lower than Friday s av
erage; best light, to packers. 9.U; bulk,
I195U.OO pound to packer and ship-
A vivrA pig
'XepRecelpts" "l..00 headT j'heep
SX2i' w!e5therrr5.(rtT,enxar
$ 5? Hi lambs. W SOc,iOWne,r: .VoYo':
Za ! Nevadas. $9.25; Idahos, 110.10,
fading lamb around' J5c lower, early
top, 17.76.
Chicago live Stock.
Chicago. Aug. J3.-(U. S. bureau of
Markets. )-Cattle Receipts .4.000 head,
calves steady: other classes dull a"d moft
ly 2550o lower: lop yearl rigs, 10 75; bulk
beef steers. $6.76 9.60; bulk fat she .lock.
.4.00(96.00; canner and cutters, largely
3.253.25: bulk bulls, $4.256,00; bulk
veal calves. $.259.00.
Hogs Receipt.. 44,000 ,h'd: market
$075c lower; bulk of sales, 7.S6.0,
top. 69.75 (one load early): heavyweight,
8 00.0n: medium weight. $8.009.50;
lightweight. S9.109.50; light lights, $9.00
J9.35: heavy packing sows, smooth, $7.25
7.75: packing sows, rough,, $7.00 7.J5;
pigs. JS.00C9.25.
Sheep and Lamb Receipts. 29,000 head;
market for native lambs opened 2550c
lower; top. to city butchers. $10.00: pack
er, early top, $9.50; aheep scarce; mar
ket about steady: no western lamb sold
early; packing around 60c lower.
St. Louis live Stock.
East St. Louis, Aug. It. Cattle Re
ceipts. T.000; native steer IS to 25c lower;
top $9 25; southwestern 10 to 16o lower;
best light yearlings and heifer steady;
$9 75 paid; cowa steady to 15o lower: bulk,
$3 S04.60;- bologna bulls 5 to I5o lower;
bulk, $3.604.00; canner steady; veal
calves, $8.609.00; stocker and feed 25o
lower; bulk. $4.5005. 50,
Hogs Receipts, 9.000 head: 50c. and In
pot $1.00 lower; top, $10.00; bulk light
weights, $9.609.75; mediums, $9.009.S5;
heavies, $S.759.00; one load of 400-opund
weights, $3.00; packer sow 60o lower;
pig. 60o to $1.00 off; closing very mean
and liberal holdover.
Sheep and Lambs Receipt. 4.600; clos
ing steady with a good clearance: top,
$9.35; bulk best lambs. $3.7 St? 9.00; bulk
medium. tT.6O0i.OO: ewes and all lower
fraaea uncnangea.
Turpentine and Rosin.
Savannah. Cm.. Aua-. S2. Turpentine,
firm; 66 He; sales, 419 bbls. ; receipts, 95
ddis.; snipmenta, zzi pus.; sioca, ,
bbls.
Rosin, firm: sales. $67 casks: receipt.
ISJ casks; shipments, 1.331 cask.; stock,
70.739 casks.
Quote: B. I. E. F., $3.S5; O., $S.5;
H., $4.00; r, $4.10; K.. $4 15; M. $4.25:
W- lUi. W. G 5.10i W. W- 15.(0.
THE GUMPS
Live Stock
Omaha, Aug. 23.
Remlnta were: P.ttl. Hnn Sheen
Monday estimate. ...16.700 4,600 30,600
Same day last wk... 14,941 4.284 30,363
fame day 3 wk ago. 10,922 3,117 13,821
Same day 3 wk ago. 13,103 3,323 26,311
Same day year ago.. 16,717 4.7S3 34,869
' Receipt, and disposition of live stock
at the Union Stock yard., Omaha, Neb.,
for 24 hour, ending at 3 p. m. August
22, 1921:
RECEIPTS CARLOT.
Horse.
and
Cat.Hogs.Shp.Mls.
C, IT- A St. P. Ry....
Mo. Pac. Ky
Union Paclflo R. R. .
C. & N. W. Ry., east..
C. & N. W. Ry west..
C. St. P.. M. & O. Ry
7
1
6
e e
8 74 ..
1
30 1
7 X ..
'is 'ii !!
l ... ..
68 124 1
$2
3
134
24
C, B. & Q. Ry., east.. 8
C, B. & Q. R., west..31
C, R. I. & P., east.... 10
C, R. I. & P., west.... 3
DISPOSITION HEAD.
Cattle. Hogs. Sheep.
Armour & Co 706 1,614 2,734
Cudahy Packing Co..- 827 877 3,167
Iold Packing Co.... 233 774
Morris Packing Co.. 845 723 6,293
Swift & Co 784 710 1,546
J. W. Murphy 432
Lincoln Packing Co.. 74
Wilson Packing Co.. 213
Hlgglns Packing Co. . 9 w
Hoffman Bros 30 '
Mayerowlch & Vail.. 2
Midwest Packing Co. 18 ......
P. O'Dea 20
Pmaba Packing Co.. 2
John Roth & Sons.. 26 ......
So. Omaha Pkg. Co.. 17 ......
Benton & Van Sant 287
J. H. Bulla 223
R. M. Burruss & Co. 101
W. H. Cheek 192
B. G. Christie & Son 12
Dennis & Francis.. 180
Ellis & Co 387
John Harvey 635
Huntzlnger & Oliver 4 ,
T. J. Inghram 19 ......
F. O. Kellogg 714
Joel Lundgren 260
J. H. Lawrence 260
F. P. Lewi 73 ,
Mo.-Kan. C. & C. Co. 15
Rosenstock Bros.... 935 , s,
Sullivan Bros 84 ,
W.-B. Van San &Co.. 814
Wertheimer & Degen 1,194 ......
Other Buyers 1,805 9,063
Kreb. 34
Perkpatrlck 84 ,
Rothschild 49 '
Myer. 166
i T,otaI 12.644- 4,630 18.783
Cattle With a run 1 of 16,700 cattle
Monday, the heaviest of the season to
date, the market wa. .low and unevenly
lower from .tart to finish. A few tidy
light steers sold at steady prices, while
halt fat cattle, as well as heavy steers,
were generally 10 15c lower than the
close last week. Best heavy Cattle sold
upto $9.0009.60 and best of the heavy
weights and yearlings at $9.60010.00.
On western grass steers bids and salea
were generally 1626c lower than Friday
and fair to good rangers sold at $5.60
1.50. Cows and heifers also sold slowly
at a 25o decline and even stocker and
feeders, while In good demand, were gen
erally 1015o off.
Quotations on cattle: Choice to prime
beeves, $9.6010.00; good to choice beeves,
38.75lS9.40: fair to good beeves, $8,000
8.76; common to fair beeves, $7.008.00;
choice to prime yearlings, $9.75910.36;
good to choice yearlings, $9.25 9.76; fair
to good yearlings, $8.5009.15; common to
fair yearlings, $7.75iS8.60; choice to prime
grass beeves, $7.0007.75; good to choice
grass beeves, $6.2507.00; fair to good
grass beeves. $5.3506 25; common to fair
grass beeves, $4.0006.00; Mexicans. $4.00
5.26: choice gras heifers, $5.7506.25;
fair to good gras heifers. $4.25 5.60;
choice to prime cow. $5.40 6.60; good
to choice gras cow, $4.505.25; fair to
good gras cows. $3.754.35; common to
fair cow. $2.003.50; good to choice feed
ers. $6.767.60; fair to good feeders, $6.00
8.75; common to alr feeders, $5.00
6.00; good to choice stoekers. $6.35 6.76,
fair to good stoekers $5.606.25; com
mon to fair stock.. $4.605.2o: stock
cows. $3.0004.60; .tock heifer., -
6.60; stock calves. $4.607.26i . eal
calves, $4.007.60; bull, stag, etc., $3.00
fi"'75' BEEF STEERS.
xi- v Pr No. At. Pr.
10 774 $8 90 41 Hit 00
JJ 1250 40
WESTERN CATTLE.
NEBRASKA.
No. Av. Pr. No. Av. Tr
10 fdr.. 855 $6 OS 18 hfr... 921 $4 85
13 fdr., 760 6 75 86 fdr.. 826 60
WYOMING. ,a
39 tr..131 7 60 41 str.,.1220 6 35
3. M. WILSON.
IS fdr 1170 7 00 23 fdr... 967 t 40
IDAHO.
47 fdr... 1090 8 00
Hog The week open o ut with a mod
erate run of hog, about 4,600 head allow
ing up. Advice from other market
were extremely bearish and the local trade
ruled lower In eympathy with declines
elsewhere. Moat of the hog. hd to sell
at 50c declines, although a few early
sales were reported at prices 36 60c low
er. Best light hogs dropped to $9.00,
the day', top, and bulk of the receipt,
sold from $7.008.60.
HOG9.
No. Av. Sh. Pr. No. Av. Sh. Pr. i
46. .346 .. $7 00 61. .293 .. $7 25
65. .280 70 7 30 69. .314 .. 7 35
73. .247 40 T 40 74. .234 .. 7 50
36. .280 40 7 75 34. .233 .. 8 00
66. .244 80 8 05 78. .217 40 8 26
55.. 233 .. 8 85 37. .219 70 8 75
63. .228 80 S 00
8heep Receipts of aheep and lamb,
thta morning were liberal amounting to
30,600 head. Most of the offerings were
western range lambs and the heavy re
ceipt, enabled buyer, to force declines.
Fat lamba had to sell at prices 25 60c
lower and a few aheep on sale were
steady to easier. Best fat lambs brought
$9.75 with other, sales ranging from $9.60
on down. Fat ewes were reported at
$4.604.60 and some yearlings sold at
$6.50. Feeder trade was dull and draggy,
a quarter or more lower. Best feeding
lambs are quoted up to $7.75.
Quotations on Sheep Fat lambs, west
erns, 19. 0009.76; fat lambs, natives, $8.25
9.00; Feeder lambs. $6.757.76: cull
lamb, $5.607.00: fat yearlings. $5.75
(.75: fat ewes, $3.264.60: feeder ewes,
3.2503.75; full ewes. 31.60 Q 3.50.
Sioux City Live Stock.
Sioux City, la., Aug. 22. Cottle Re
ceipts, 7,600 head; market, 25 to 60c
lower; beef steer. $6.609.26; fed year
lings, $6.S010.00; grass steers. $5.00
7.26; fat cows and heifers, $4.008.5O;
canners, $1.004.00; veals. $4.0007.00;
grass cows and heifers, $3.005.60;
calve. $3.606.75; feeding cows and
heifers, $2.506.00; stoekers and feeders,
$4.007.00.
Hog Receipt. 2.700; market, $650c
lower; light, $8.259.16; mixed, $7.60
8.35; heavy, $6.008.00; bulk of sale.
$7.00$.26.
Sheep Receipts, (00 head; market
weak.
ft. Joseph Live Stock.
St Joseph, Aug. 22. Cattle Receipts.
3.000; slow and unevenly lower; steers.
$6.6010.OO; cows and heifers, $3.50
10 00: cslves." $4 5068.50.
Hogs Receipts, 6.000 hsad; 4060c
lower; top, $9.1; bulk, $7.509.10.
Sb.ep Receipts, 10,000 head; opening
25c lower; lambs, $8.76 10.00; ewes, $3.60
4.00.
SEE IT IN COLORS
IN THE SUNDAY BEE
" ' am. s t. limw rmmn Q-a ml - ssasai ae s
mo -wT KCKT WwST f 'H .rATOt WW GOES M J? t
W OF 3 ?OVP OF MEAT At A
' j
Market, Financial and Industrial News of the Day
Omaha Grain
Omaha, Aug. 22.
Wheat receipts today were mod
erately liberal and other grai- iod-
erate to light. Wheat prices ranged
a cent off to a cent up, considerable
selling at Saturday's figures. White
and mixed corn were unchanged
and yellow unchanged to J4c up.
wais were uncnaneed to 'e hicriier
Rye declined 2c. Barley was firm.
WHEAT.
No. 1 hard: 1 car. 11 07 4-K a ti no
..No- hard: 1 car. $1.09: 12 car.'. $1.08
nr' 1-U'S ' ara, 1.06; 1 car,
$1.08 (7S per cent dark); 1 car. $1.06
(70 per cent dark); 7 cars, $1.06
(smutty); 3 cars, $1.06 (yellow); 6 cars.
$1.05 (smutty); 1 car. $1.06 (yellow); 1
car. $1.04 (yellow).
. No. 3 hard: 1 car. $1.10 (dark); 1 car,
$1.07 (dark); 1 cars. $1.07 (smutty); 1
car. $1.07 (dark, smutty); 1 car, $1.06
(dark); 3 cars. $1.06 (dark. .rn,nlv.
cars, $1.06 (smutty): 1 car, $1.05 (77 per
cent dark); 1 car, $1.04; 1 car, $1.04 yel-
car, ti.ua ft (yellow); 3 cars,
$1.03 (smutty); 1 car, $1.03 (yellow); 1
car, $1.0$ (yellow, smutty); 1 car, $1.00
(smutty).
No. 4 hard: 1 car, $1.05 (heavy); 1 car,
$1.03 (dark, smutty); 1 car, $1.02; 1 car,
$1.01 (smutty); 2 cars, $1.00 (smutty);
. poo tvery smuiiyi.
No. 6 hard: 1 car. $1.04; 1 car, $1.03;
1 car, $1.08; 1 car, $1.01 (yellow); 1 car,
$1.00 (yellow).
Sample hard: 1 ear, $1.03 (smutty); 1
car, $1.03 (smutty); 1 car, $1.00; 3 cars,
$1.00 (yellow); 3 car, 97o (yellow); 3
vari. ato lyeuowj.
No. 1 spring: 1 car, $1.25 (northern).
No. 2 spring: 1 car, $1.25 (dark north
ern). No. 1 mixed: 1 car, $1.07.
No. 2 mixed: 1 car, $1.06; 2-5 car. $1.04
(durum, mutty); 1 car, 99o (durum).
No. 3 mixed: 1 car. $1.04 (smutty): 1
car, 96o (smutty, durum).
No. 4 mixed: 1 car, $1.02.
No. 6 mixed: 1 car, $1.01.
Sample mixed: 1 car, 96c.
No. 2 durum: 1 car, $1.00 (amber); 1
car, 99c.
No. 3 durum: 1 car, 98c (amber).
CORN.
No. 1 White: 4 3-5 car, 41c.
No. 2. White: 1 car. 41ic. (special
billing); 7 cars, 41c.
No. 1. Yellow: 3 cars. 42c: 2 3-5
cars, 42 Ho (special blllng); 2 cars, 43c
(special billing).
No. 2 Yellow: 1 car. 42U c: 1 car.
42c (no billing). .
No. 1 Mix: 10 cars, 41c.
No. 3 Mix: 3 2-5 cars, 41c.
No. 8 Mix: 1 car, 41c.
No. 6 Mix: 1 'car, 41o.
Sample Mix: 2-5 car, 35o.
. OATS.
No. 2 White: 1 car, 30Hc.
No. i White: 2 cars. 29c: 3 cars. 28Uc:
S cars, 28c.
Na. 4 Whiter 1 car. 27Uc: t cara Hp.:
i cars, 26c.
Sample White: 1 car, 25o (heating).
RYE.
No. 3: 2 cars, 87iic: 2 cars, 87c.
No. 8: 6 3-6 cars, 86c
No. 4: t cars, 86c.
BARLET.
No. 3: 1 car. 62c.
No. 4: 1 car, 60c.
Rejected: 1 car, 4 Sc.
PRIMARY MOVEMENT.
Receipts Today Yr. Ago
Wheat S.SBfi non ! nno nun
Corn 1. 65O.0OB ana nnn
Oats 1.302.000 1.637.030
Shipments Today Yr. Ago
Wheat 2.21:5 nnft qqs nnn
Corn , 677,000 19o!o00
uai 636,000 468,000
EXPORT CLEARANCES.
What 5,345,000 1,248,000
Corn 34.000
CHICAGO CAR LOT RECEIPTS.
Tnri.v Tan. ti rm
Wheat i11 197
Corn 388 44
Oats 132 S21
KANSAS CITY CAR LOT RECEIPTS.
Today Wk. asm Vr. nffn
Wheat 770 781 872
Corn 65 64 22
Oat 43 72 49
ST. LOUIS CAR LOT RECEIPTS.
Wheat 331 226 286
Corn 7& 103 67
Oata ... 69 120 10H
NORTHWESTERN CAR LOT RECEIPTS
Today Wk. ago Yr. ago
Wheat 331 225 286
Corn '... 78 103 67
Oats 69 . 120 108
NORTHWESTERN CAR LOT RECEIPTS
OF WHEAT.
Today Wk. ago Yr. ego
Minneapolis 479 687 654
Duluth 160 134 31
Winnipeg 145 ' 94 31
OMAHA RECEIPTS AND 8HIPMENTS.
Receipts Today Wk. Ago Yr. Ago
Wheat 201 300 122
Corn 68 79 27
Oat 23 47 19
Rye 23 36 3
Barley 7 7 8
Shipments Today wk. Ago Yr. Ago
Whoat 282 274 69
Corn 48 70 43
Oats 17 15 ' 24
Rye 4 7 1
Barley 5 3 1
CHICAGO CLOSING PRICES.
By Updike Grain Co., DO 2627. Aug. 22.
Art. I Open. High. Low. Close. Sat.'y
Wht.
Sept. 1.16 LIT 1.I3H 1.16 1.14H
1.14 1.17 1.14
Dec. 1.15H I.I8V3 1.14 1.13 1.1SH
1.14Vs 1.18 1.15V,
Rye I I
Sept, l.OlVi 1.014 .09 1.01 H LOS
Dec 1.03 1.02 1.001 102 1.02
Corn
Sept. .61 .53 .51 .63 .61
.52 63 .52
Dec. .62 .64 .62 .54 .62
.53 53 .62
Oats
Sept. .34 ,34tt .33 .34 .33H
.33 83
Dec. .36 .37U .36 .37 .36
.36 37 .36
Perk
Sept. 17.00 17.00 17.00 17.00 17.00
Lard
Sept. 10.65 10.6S 10.23 10.27 10.60
Oct. 10.62 10.52 10.35 10.37 10.70
Jan. $.30 9.20 $.22 9.27 1.87
Hlbs
Sept. 8.93 8.93 8.70 8.70 8.97
Oct. 1 3.87 I 8.87 f 8.70 8.76 6,98
Minneapolis Grain.
Minneapolis, Aug. 22. Flour Un
changed to 75c lower; In carload lota,
family patents quoted at $7.75 a barrel In
98-pound cotton sacks.
Bran $14.0016.00.
Wheat Receipts, 479 cara compared
with 664 cars a year ago. Cash No. 1,
northern, $1.291.S4; September,
$1.24; December, $1.23.
Corn No. $ yellow, 46 47c.
Oats No. 3 white. 2629o.
Barley 39 67c.
Rye No. 2. 9394e.
Flax No. 1. 2.022.04C
Visible Grain Supply.
New Tork. Aug. 22. Th visible up.
ply of American grain shows the follow
ing changes:
Wheat, decreased 128,000 bushels; corn,
decreased 3,718.000 bushels; oats. In
creased 6,613.000 bushels; barley, In
creased 224,000 bushels; rye, increased
476,000 bushels,
TRICKS IN
Chicago Grain
By CHARLES D. MICHAELS.
Chicago Tribune-Omaha Bee Leased Wire,
Chicago, Aug. 22. Wheat staged
a rally late in the session and the
market closed at top figures. The
unexpected decrease in the visible
supply led to covering on the part
of shorts and later a report to the
crtect that the house of representa
tives at Washington had passed a
bill authorizing the war finance cor
'oration to loan $1,000,000,000 to as
sist farmers in marketing their crops
brought on an additional wave of
buying, causing a big advance. At
the finish, wheat was 2-A(a3c high
er; corn llc up and oats Vi
YiZ higher. Provisions were weak,
Vessel room was chartered for 165,-
000 bushels wheat, 150,000 bushels
corn and 475,000 bushels cats at l?4c
to Buffalo. Cash wheat premiums
were unchanged, save red winter,
which ruled higher; corn and oats
basis were easier.
Wheat market was advanced to a
fair extent in the foremost part of
tne session, but in the later trading
all of the grain was eliminated. Early
trade was featured by good pur
chases bya prominent shipping con
cern, which some close observers
were inclined to credit to a local pn
fessional who was covering his
short lines.
Locals Follow Buying.
Locals followed this buying but thev
were vompenea 10 retrace ineir steps later
when commission houses became free
sellers because of a surprisingly big move
ment of winter wheat In the southeast,
Kansas City receiving 770 cars for the day.
This combined selling forces the market
back to the previous finish. Resting
orders absorbed the offerings on the break.
Tne marketing of spring wheat la fairly
liberal, but somewhat below general ex
pectations. Receipts locally were es-
timatel at 400 cars.
Corn prices were kept above the close
of Saturday. General interest displayed
in this cereal was light. Locals were
sellers on the heavy arrivals here, the
estimate calling for 900 cars. The De
cember delivery was picked up by shipping
houses. Commission house trade- was
mixed. Seaboard reported a big business
worked for export account, the amount
being placed at 800,000 bushels on over
night orders. Domestic shipping demand
was fair and sales of 60,000 bushels were
made.
Oata reflected the prevailing local
opinion that the bottom has been reached,
many traders who put out line on last
week s break covering tnis morning, com
mission house buying was on a much
broader scale and of an excellent class.
Cash oats also displayed good strength
from the start, opening c higher. Ship
ping sales of 80,000 bushels early gave
1nriiratinnfl nf n renewal of an active
shipping demand. Country offerings of
oats to arrive again were ngnt.
Cash rye closed llo lower. No, 3
sold at 9999c; No. 3 at 9596c
Pit Note.
A rahln from Buenos Aires to an ex
port house said that although! price for
wheat in that country were 10 per cent
nhnvA an exnort basis holders would not
sell, expecting an advance similar to that
in flax, oats and corn. It Is expected ship
ments will be practically nil. The pros
pects for the new crop are most Irregu
lar and there 1 still a great need of rain:
T,np.l com stocks are down to 3.579,000
bushels, decreasing 2,374,000 bushels for the
week. Wheat stocks decreased 1,118,000
bushels to 6,248,000 bushels, while oats con
tinued to pile up rapidly, increasing 1,
870,000 bushels for the week here.
Minneapolis cash wheat was easy to 6c
lower for No. 3 wheat, with a good de
mand. Most of the offerings were cleaned
up. Duluth was bidding 20o over Septem
ber lor NO. I darn nortnern jor an au
gust shipment, and 15o over for shipment
by September 15.
Wheat Receipts Slump.
The receipts of wheat in the northwest
over the week-end were smaller than ex
pected, Minneapolis having 479 cars,
which! is not a big run. Duluth had 160
cars, and the two points combined had
639 cars, against 585 cars a year ago. '
mills apparently aro taking the spring
wheat arrivals and paying high prices for
the current arrivals. Winnipeg arrivals
are gradually increasing and the move
ment will start earlier than a year ago.
An advance in Argentine price for wheat
Saturday was due to short covering.
Broomhall cabled that rains would be
welcome in that country. Country sales
of corn were said to be falling off, end
reserves are getting low.
The northern hemisphere win nave a
total wheat crop of 60,200,000 tons, com
pared to 61,300,000 In 1920, according to
the international institute of grain.
St. Louis Grain.
St. Louis. Aug. 22. Wheat September,
$1.13 bid; December. $1.17.
Corn September, eo;c; uecemoer.
Blc
Oats oeptemDer, sio oia; j-ecoinum.
34c
Kansas City Grain.
vTisas City. Aug. 22. September
wheat, $1.07; December, $1.10.
Corn September, 4S')c; uKtmuw,
45c
THE OMAHA
BEE furnishes a
complete and
prompt
Base Ball
Score Board
for the benefit and
c o n v e n i ence of
SOUTH SIDE resi
dents on the win
dows of
PHILIP'S
DEPARTMENT
STORE
24th and O Streets
The Omaha Bee
ALL TRADES
Financial
SbcNtmJJorkEitntfl.
By ALEXANDER DANA NOYES
Chicago Tribune-Omaha Bee Leased Wire.
New York, Aug. 22. The weak
ness which prevailed on the stock
exchange today, with only a moder
ate volume of business done, af
fected both industrial and railway
shares. It appeared to be again the
result of pressure from professional
speculators and it did not arise from
any news of the day. The proba
bility is that this pressure on the
market has been effective chiefly be
cause of the financial communities'
mood, which in turn had been af
fected by the ramifications of the
recent unlucky ventures in South
American trade.
Any situation which, like the Mercan
tile Bank of the Americas incident, calls
for organized banking relief, is bound to
disturb financial sentiment, and this par
ticular episode cannot have failed to exert
at least a deterrent Influence. Such In
fluence must always be recognized and
allowed for: it is apt to be greater when
people in general have been in the dark
as to the exact nature and scope of the
matter, and it does not always disappear
at once, even when the relief measures
have been made effective.
No change occurred In today's monev
market; rate for call loans remained ail
day at last week's low rat of 6t4 tier
cent. Foreign exchange was slightly
lower an tne case or most European mar
kets, and distinctly weak In the case of
Berlin. The mark, which fell from 1.19o
on Monday last week to 1.06c on Tues
day, recovering by Thursday to 1.22c,
got down again today to 1.12c. ADDar-
ently today' pressure on the market for
German exchange originated In London,
where speculation for the fall in the mar
ket has seemed to be based, partly on
general principles and the future of the
financial necessities of Germany and
partly on possible disturbances incident to
the final payment must be made by the
end of August; but the best information
obtainable has been to the effect that it
is already virtually provided for.
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. 3, $7.00
8.00.
Midland Prairie Hay No. 1. 810.503
11.50; No. 2, $8.0010.00: No. 3. $7.00
8.00. '
Alfalfa Recelots. nominal, little da.
mand. Prices unchanged.
straw Ltgnt receipts, limited demand.
Lowland Prairie-Hay No. 1. $8.0043
9.00; No. 2, $7.008.00.
Alaflfa Hay Choice. $17.00(818.00: No.
1, $l5.onifi.60: standard. $12.00014.00:
No. 2, $8.00011.00; No. 3. $7.008.00.
Straw Oat. $8.009.00; wheat, $7.00
8.00.
New Tork Sugar.
New York, Aug. 22. The raw sugar
market was unchanged at 9.50o for cen
trifugal for uncontrolled. There were no
sales reported. Raw sugar futures were
easier under commission bouse selling
with final prices 2 to 5 points net lower,
except August, which was unchanged.
There was only a moderate trade with
operators Inclined to hold off and await
fresh developments In the spot market.
Final bids:
September. 2.91c: December. 2.72c:
March, 2.58s; May, 2.64s.
Liberty Bond Price.
New Tork, Aug. 22. Liberty bonds at
noon: 8s. 88.36: first 4s. 87.74 bia;
second 4s, 87.68 bid; first 4s, 87.S4; sec
ond 4s, 87.62; third 4, 91.90; fourth
4s, 87.88; victory 3s, 98.74; victory
4s, 98.72.
Liberty bonds closed: 3c, '88.34: first
4s. 87.70: second 4, 87.62 bid; first 4s,
87.68; second 4, 87.68; third 4s,
87.68; third 4s, 91.86; fourth 4s,
87.80: Victory 3s, 88.74; Victory 4s,
88.74.
Chicago Potatoes.
Chleaeo. Aug. 22. Potatoes Receipts.
170 cars: market dull; Jersey Irish cob
blers, sacked, $3.763.90: Minnesota early
Ohlos, $2.602.66; Red River Ohios, $2.75
2.90; Idaho,. Colorado and Washington
whites, sacked, $3.25 3.40; Kansas Irish
cobblers, $3.00.
Kansas City Hay.
Kansas Cltv. Aug. 22. Hay Steady to
60c higher; best prairie advancing; choice
alfalfa, $22.0023.00; No. 1 prairie, $12.00
12.50; No. l timotny, sm.uu; jno. i
clover. $11.00012.50.
The Updike
Grain Company
Operating a large, up-to-date Terminal Elevator in the Omaha
Market, is 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
OFFICES
OMAHA, NEB.
LINCOLN, NEB.
HASTINGS, NEB.
CHICAGO, ILL.
SIOUX CITY, I A.
KANSAS CITY. MO.
All of these offices, except Kansas City and Mil
waukee, are connected with each other by private wire.
I W'H Pav yu to gt in touch with one of our offices
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
The Reliable Consignment House
New York Quotations
Range of prices of the leading slocks
furnished by Logan & Bryan, Peters Trust
building:
RAILS.
High Low Close Sat.
Close
A, T & S F 84 83 83 ...
Baltimoro & Ohio 37 86 38 37
Canadian Pacific. .1134 111 112 113H
N Y Central 70 69 69 70
Ches & Ohio 61 61 61 63
Erie R R 13 13 13 13
Gt North'n, pfd... 74 71 71 74
Chi Ot Western... 7 7 7
Illinois Central.... 95 95 95
Mo, Kan & Tex... 1 1 1
Kan City South'n. 26 24 24 24
Missouri Pacific. 19 , 18 19 19
N Y, N H & H... 16 15 15 18
North'n Paclflo Ry 75 72 72 75
Chi & N W 64 63 63 64
Penn R R 37 87 37 37
Reading Co 67 66 65 67
C. R I & P 31 30 30 31
South'n Pacifio Co 77 76 75 77
Southern Ry . 19 19 19
Chi, Mil & St P.. 25 24 25 26
Union Pacifio ....119 118 118 119
Wabash 7 7 7
STEEL.
Am Car & Fdry...l21 120 120 120
Allls-Chalmers Mfg 30 30 30 .....
Am. Loco 83 83 83 83
Baldwin Loco..... 72 70 71 72
Beth. Steel , 48 47 47 47
Colo. F. & 1 22 22 22 ....
Crucible Steel (2 51 62 53
Am. Steel Fdr 22 22 22 ....
Lackawanna 87 87 37 87
Mldvale S. & O.... 23 23 23 23
Pressed Steel Car. 63 63 63 64
Rep. I. & S 45 44 45 45
Ry. Steel Spring... 74 74 74 72
U. S. Steel 73 73 73 74
COPPERS.
Anaconda Cop..... 84 34 84 84
Am. S. A Rfg 34 32 33 84
B. & S. Mln 11 11 11
Chile Copper 10 9 9 10
Chlno Copper..... 21 21 21 21
Calumet & Ariz 46
InBp. Cons. Cop.... 81 30 80 ....
Kennecott Copper. 18 18 18 ....
Miami Copper 20 19 19 ....
Nev. Cons, Cop.... 10 9 9 10
Ray Cons. Cop 12
Utah Copper 44 44 44 44
A.. G. & W. I. 8. S. 20 19 20 20
Am. Int. Corp 28 28 28 28
Am. Sura Tob 43 42 43 43
Am Tel. & Tel 105 105 los mt
Am. A, Chem. Pro. 33 30 80 31
Bosch Magneto.... 33 80 33 29
Continental Can 88
American Can 24 24 24 ....
Chandler Motor... 43 41 41 43
Central Leather... 26 23 23 24
Cuba Cane Sugar.. 8 8 8 ....
Cak Packing Corp. 60 60 60 60
Cal. Pet. Corp..... 82' 31 32 32
Corn Prodi Rfg.,.. 64 64 64 65
Nat. E. & B 38 38 38 30
Fisk Rubber 9 9 9 9
General Electric. . .Ill 109 110 111
Gt. Northern Ore.. 28 27 27 ....
General Motors.... 9 9 9 9
Goodrich Co . 30 29 29
Int. Harvester.:... 69 67 68 69
H. a a. car us oa t et
U. S. IndT Alcohol. 46 46 45 46
Int. Nickel 12 12 12 12
Int. Paper 42 41 41 42
Island Oil 2 2 2 2
Ajax Rubber 19
Kelly-SprlngfUld.. 36 35 35 87
Keystone T. ds A,. 12 12 12 iz
Mex. Pet. 91 89 tl 91
Mia. states on ... li iu io 11
Pure OH Co .24 24 24 24
Willys-Over. Co. . 6 6 6 6
Pacific Oil 35 34 34 35
P.-A. Pet. & T. .. 41 40 41 41
P.-A. Mot 12 11 11 12
Royal Dutch Co. ... 46 45 48 47
U. S. Rub. Co 46 45 45 46
Am. Sug. Rfg. Co. 61 69 60 62
Sin. Oil & Rfg; ... 17 16 17 17
Sears-Roe. Co 61 69 60 62
Strom. Carb. Co. .. 27 27 27
Stude. Corp 66 64 65 66
Tob. Prod. Co. ... 56 55 56 56
Trans-Con. Oil ... 6 6 6 6
Texas Co 33 82 83 33
U. S. Food Pr. C. 16 16 15 16
V. S. Sm., R. & II. 28 28 28 ....
Wilson Co., Inc. ..32 32 32 32
West. Union 81 81 81 ....
West El. & Mfg. -. 30 38 39 40
Am. W. Co 67 64 65 66
Total sales, 443,700.
Money, close, 6.
Marks, close, .0114.'
Sterlin, close, 3.66.
New York Evaporated Fruit.
New York, Aug. 22. Evaporated Ap
ples Firm; state. 1314c.
Prunes Scarce; Californias, 415c;
Oregons, 617e.
Apricots Steady; choice, 21 22c; extra
choice, 23c; fancy, 27c.
Peaches Steady; standard, 11c; choice,
1212c; fancy, 14(g)15c.
Raisins Quiet; loose muscatels, 12
13c; choice to fancy seeded, 1618c;
seedless, 19022c.
St. Louis Merchants Ex
change Kansas City Board of Trade
Sioux City Board of Trade
Omaha Grain Exchange
AT
HOLDREGE, NEB.
GENEVA, NEB.
DES MOINES, IA.
MILWAUKEE, WIS.
HAMBURG, I A.
Drawn for The Bee by Sidney Smith.
Copyright 1921 Chicago Tribune Company
Bonds and Notes
The following quotations furnished hy
the Omaha Trust company: Ap.
lilii Asked Yield
Am. A. C. 7s, 1941.. 9s 9tl 7.96
A. T. & T. Co. 6s, 1922 98 99 7.00
A. T. A T. Co. 6s, 1924 98 98 6.62
Anaconda 7s, 1929 . ... 88 39 '9.00
Armour 7s. 1930 98 98 7.20
BelfMan Gov. 8s, 1941. ..101 lOHi 8.00
BalBian Gov. 7s, 1945.102 102 7.30
Bethlehem Steel 7s, 1923 9I4 99 7.(9
British 6 '4 3. 1922 98 98 6.30
British 68, 1929 89 8Vl
British 6Hs. 1937 87 87", 6.87
C. B. & Q. Jt. 6Vs, 193G.101 101',, 6.37
C. J. C. & St. L,. 6s, 1929 894 90 7.65
Chile S, 1941 88, 99 6.10
Denmark 8s, 1945 101 102 7.80
French Gov. 8s, 1945.... 0 100 8.00
B. F. Goodrich 7s, 1925.. 904 91 9.75
Gulf Oil Corp. 7s, 1933.. 99i 994 7.10
Jap. Gov. 1st 4tts, 1?25 86V 86 9.00
Jap. Gov. 4s, 1181 71 72 6.25
Norway 8s. 1940 103 103Va i 7.6S
N. V. B. T. Co. 7s, 1941.102ft 103 6.70
N. Y. Cen. 7s, 1930.... 103 103 6.60
Packard 8s, 1931 95 95 8.70
Penn. R. R. Co. 7s, 1930.105 106 4 6.05
S. W. B. T. Co. 7s. 1925.. 96 974 7.80
Swift & Co. 7s, 1925.... 97 Vi 97 7.65
Swiss Govt. 8s, 1940.... 106 106 7.45
Tldewa. O. Co. 6Hs, 1930 94ft Uli 7.00
U. S. Rubber 7fts, 1930. .100 100ft 7.45
V.nmm Tin ? . IflAU InlU ft 87
West. El. 7s, 1931 101ft 102 6.71
Foreign Exchange Kates.
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 .0013
Belgium 195 .0758
Canada 1.00 .0950
Czecho-Slovakla .0122
Denmark 27 .1653
England 4.86 3.66
France .. .193 .0774
Germany 233 ' .0116
Greece .195 .0560
Italy 195 .0425
Jugo-Slavla .0060
Norway 27 .1325
Poland .0005
Sweden 27 .2152
Switzerland . .195 .1695
PHOTOPLAYS.
OMAHA'S
. J LAST TIMES WED. f
D
STEEL"
THURSDAY
"Made in Heaven"
With
TOM MOORE
and an AH-Star Cast
i
TP
NOW AND ALL WEEK
' AS A CAVST.-
Last Times Tonight
EUGENE O'BRIEN
Tomorrow
"What Every' Woman Knows"
Circus Daw
in
Omaha
MONDAY,
SEPT.
Ms
IMsUtM
ADHtSSI0ri-ADULTS75CHILDREM5OTk"x6
DOORS OPEN If 1x7 DM DFUFffDMavrTC iti.obu
OWE TICKET ADMITS TO EVEHVTMIWC i
THERE WILL BE NO STREET PARADE
Admission tickets and reserved seats en sale down town
Circus Day at Myers-Dillon Dru Store. 1609 Farnam St,
Omaha Produce
-i ! 1
Fruit ami vegetable quotations fur
ntshed hy the Ollltulty Fruit company.
1016-1017 Howard St.:
Bunsneia. per pound. 7c; nranses. 12(4
HO, 97.00: 176-200, 47.00; 250, 16.00: 988.
824, I5.50; 360, IK. 00. Lemons. 800 choice.
36.50: 800 extra fancy, 17.00. Grape fruit,
California liulf botes, 12.50. reaches.
Foley's Lovells, 11.35. Pears. California
Bartletfs, box. (4.00; Waalilngtoii Bart
letis, box, 33.00; Colorado llsrtletls, has.
ket, $: .50; Colorado Bartelett. box,
83.60. Plums, Kungnrlau Red, crates,
12.50; OrOHB Red, crate, 12.60: Italian
Prunes, California, Luk, 33(0; Italian
prunes, Washington, crate, IS. 00; Italian
prunes, Washington, rmx, $1.40, Grapes,
Malaga, crate, 93.00; Thompson seedless,
crate, 12.00: 6-pound Concord baskets, 47o.
Apples, bakt, Dtivhess, $3.60. bx. Gravon
telns, 34.35. Cantnlount's, Std. Rocky
Fords, 33.00; Flats, 11.85. Watermelon.,
crts. per pound, Sc. Cranberries, bbls. due
September 16. mkt; baskts. mkt Potatoes,
per pound, 3c; sweet potatoes, hampers,
(New stock) 12.25. Cabbage, crt. lots. 4c;
small lots, 6c. Onions, sk. Walla Walla
yellow, 4o; baskt. Walla Walla. 13.50.
Vegetables: Parsnips, bskt., 76c carrots,
bskt., 60c; turnips, bekt., 60c; cucumbers,
bskt., 60c; tomatoes, bskt., 60c;
green peppers. mkt.j cauliflower,
pound, 16o: egg plant, bskt.: mkt.;
celery, Michigan, dos., 75o, lettuce, leaf,
per ds., 40c; head, per crt, 6.00. Repack
baskets, per crate, 13.60. Honey, 24 frames
to case, J6.00. Taenuts: 10-pound can,
salted, 16c; 16-pound carton, salted, 12c;
60-pound carton, suited, llftc. 30-pound
pall, salted, 12c: 175. pound bbl., aalted,
11c; No. 1 Virginia, raw, 10c; No. 1 Vir
ginia, roast, 12c; Jumbo raw, 16c; Jumbo
roast, 17o.
Wholesale prices of beef cuts are as
follows: No. 1 ribs, 23fto; No. 2 ! ribs.
3ftc
New York Iry Goods.
. i .. Q'i Th. ninrkflt this
J9W loin, au.
week started firm with Increased business
- ninths were active.
in some iiuwo. - . . , . "
and a rising tendency was noted in har
mony with the raw cotton market. Bur
lap was firm at advanced price "vels.
Raw suns were iiuvlhh
prices prevailed.
Kansas City Prodnoe.
v ,-m, .. Auff. 2a. Ergs un
Changed; firsts. 2123c; seconds, 22o.
liutier ureamry, u iw.m - .
ing, unchanger, 23c.
pitrv unchanged: hens, 2J21c:
broilers, 22c; springs, 20c. .
Bar Sliver.
. . i. , .. 09 n r SHlvar-mDo.
mestlc, 99ftc; foreign, 61 c; Mexican
dollars, 7c.
Linseed Oil.
Duluth, Aug. 22. Linseed on tracK
and arrive, 2.06c.
South Side Brevities
Buy coal buy it now buy It from
South Omaha Ice company. Tou will get
good coal, good weight, prompt and cour
teous treatment. Try us for Bcranten
hard coal and all kinds of soft coal.
Phone Market 0033 or Market 0076.
South Omaha Ice company, 2316 M street.
Advertisement.
AMrSKMEXTS.
Mat. Dally. 2:15: Night, s:IS
BILLY ARLINGTON 4 CO.; JOE BROWN.
ING : Bstty Bryon 4 Wa, Halg; Mis Melville
4 Geo. Rule Kara; Kilty Thomas; Topics
of the Day; Aeiop' Fables: Paths Weekly.
... Matlntes. I5e to 60c:
Blossom ,
Seeley & Co. ,50 ,08,ai?0.a8o8:,V,:a-
PHOTOPLAYS.
NOW TILL WEDNESDAY
ROSCOE
"FATTY"
AR3UCKLE
in
"The Dollar
a Year Man"
JOHNNY HINES
in
"Torchy's Promotion"
Rlalto Symphony Orchestra, .
. Harry B racier. Director
Julius K. Johnson at the Orgaa
BASE BALL TODAY ,
OMAHA vs. WICHITA
Game Called at 3:30 P. M.
Box Seats on Sale at BarkaJow
Broi.
EATTY'S
Co-Operative
Cafeterias
We Appreciate Your
Patronage.
Circus Grounds at
20th and Paul Sts.
16ftc; No. ribs. J3C jno. i iomw.
No. 3 loins. 20ftc: No. 3 loins, 16fto. No.
1 rounds, 18ttc; No. 3 rounds, 16c; No. J
rounds. 14o. No. 1 chucks. 12c; No. 9
chucks, lOftc; No. 3 chucks. 9o. No. 1
plates. 6ftc; No. 2 platos, 6c; Ne. S plates,
lllrJi 4 34 S
