THE EEE: OMAHA, MONDAY, DECEMBER 19, 192I.I High Rail Rates Here Arc Help to British Coal Men Foreign Fuel Sells at Less iu The American Market .Than the Domestic Product. Br HOLLAND. When coat ii brought from the mints to tide water in the' vicinity of New York the cost for transpor tation it fJ.ll. In addition to that the charges entailed by transferring the coal from tide water ports to vessels or to the railroads which operate east of the Hudson river, is approximately 40 cents. Therefore, the total charges for transporting coal from the mines to eastern distributing- poirtg is about $3.50. The.e charges in part explain the cost of bituminou coal in the lastern mar kcts. Therefore, the opcr. tors who figure closely say they cannot sell coal for a penny less than $6.90. For they have the high cost entailed by labor and by other accessories o! coal mining also to compute. Brlll.n Coal Cheaper. Tet en th other hnl Great Krllaln haa baeu of lit ending coal to the Unit ed Htatea. marketing It both at Atlantic porta and at l'ariflc porta for consider ed!,,' Ira than the American coal can be marketed fur. Herently coal mined In Walea waa aold In Huston for 14.75 a ton. Tim English coal commandrd little lilcher prlre when aold In the New York market. A little over 5 a ton waa chant ed for It, and that price brousht a will ing market. But thi.ee British coal laden vi-siela ara ablo to alrtiii almost half way .around the world, certainly one-third of the way, and market coal mined in Wales upon the 1'actllo coast for II a ton leas than the lnweat American price for almllar coal. Of courae thla greatly ronenrna tha men who own and operate American coal mine. Thla morning one of the foremost of theae operator! said that preatimably thla marketing of WelsTl coal In the United Slates at prices with which American mined coal cannot com pete may be only temporary. . But It serves to reveal some of the unusual fea tures which now characterise Interna tlonal trade. ' - In Great Britain tha belief has prevailed that steamere sent across the Atlantic or throuKh the Panama canal to the Pa clflo coaat are sure to find abundant car goes for return trips. They do not find, however, carKoe for the -westbound trip. Hut as a little figuring demonstrated that the profit on return cargoes will be suffi cient to overcome the cost of sending steamships that have no cargoes to the United States therefore It. was worth while to engage In enterprises ot this kind. Coal for Ballast. These Westbound steamers are sent over In ballast, hut Instead of sand or clay or other worthless substances formerly used as ballast, Welsh coal la employed. Jt serves a double purpose, for In addi tion to Its use as ballant. It can be sold In the United States at a small profit, because It undersells American-mined coal. On the other hand, Oreat Britain Is exporting Welsh coal to Italy and re ceiving for It a little over $7 a ton. That coal, however, does not go out In bal last, because England's trade wltb Italy Is now comparatively large, both outgo ing and- Incoming. Although this successful competition In a small way with American-mined coal will probably not bo long maintained, nevertheless, It tlluataatea the Intense competition for world trade which Is now In progress and 1n which the United States is as in the case o coal occasion ally overmatched. Chief among these suc cessful competitors Is Germany and she Is competing not only In the United States but In many of the markets in the world. Few persons realise the Intensity of this German competition or how greatly it may. If maintained, interfere with the foreign trade of other nations, princi pally the United , States and Croat Brit ain, " " ' ' - :' ' ''- German Commodities Low. Not yet has any accurate and complete Information been obtained respecting in dustrial conditions In Germany. The world merely knows that German Industries are not pushed to their capacity and partly that by reason of the depreciation of the mark, which is the German money stan dard, and partly because the government controls prices of food and ' in addition to that, the low wages which are paid. to German workmen, Germany is now pro ducing many commodities at so low a cost as to be able to put these goods in foreign markets ana with successful competition with similar goods which are of domestlo manufacture. And yet very little is known of the manner of life which now characterizes the German workman. It Is assumed that they are all Industrious, not failing in efflolency and making it posslbre to pro duce the largest amount of commodities at the lowest possible cost. Sometimes there is visible demonstration of the ex tent to which Germany is uow entering American markets. If any one should spend a dav upou the docks or piers of New Tork oily ho could, if he aicre ob servant. Bee German commodltles!u great quantities on the way from the steamers to various markets. . Germany Is com peting successfully In some kinds of elec trical apparatus, A large consignment of commodities of this kind, reached Now York a few days ago. Buys Raw Material,' On h other hand all that Germany la buying Is the raw material which Is not to be found in Germany, put whlcn is needed for the manufacture of various commodities. Germany is reported to be the largest single purchaser among the nations of American copper and It is in part due to its purchases that the Ameri can copper accummulation has been so greatly reduced. . It appears to be ablo to buy the raw material. Including cop per, of which it is In need although, presumably, that Is In part done by the granting of credit. It needs American cot ton and has been a purchaser of larKe amounts of It. Within a little wftilo nft thl raw cotton reacher Germany the looms and spindles are busy with It, driven day ana sometimes even inrougn the night at capacity, and thua converted Into cotton cloth which ts finding its way Into the markets of the world in success ful competition with cloth manufacturers in Great Hrltam ana 10 some mum American cloths. Business men and ln- titierrioi lenrfer-K who are laminar witn thla anroach of Germany to American markets are of one opinion respecting the necessity of facing and meeting this situation so that our domestic markets to say nothing of world markets may not be greatly Imperiled. And yet Germany needs to sell these goods If It ts to meet reparations demands. New York Coffee. New York. Dec. 17. There was fur ther scattered realizing ot liquidation In the market for coffee futures today. The disposition to take profits on long con tracts since the earlier week advance to S.10 for March probably haa been prompted by the rather nervous and Ir regular ruling of Brasil, and the official cablee received today showed further ir regularity In that quarter. March sold off to 8.75. making a net decline of 11 points and a reaction of 88 points from the recent high level. The general mar ket opened at a decline of nine to li points and after some Irregularity closed nine to 13 points net lower. Sales were estimated at about J9. 000 bar. Closing PoTcoffe" Qu.et; HI, r to Santos, 4 s. im to Foreign Biehanr. ' N,w fork. Deo. 17. Foreign Ixcnange "G'rtat'Brltaln-Deniana. 14.17; cables. $4111, y --a oitt: rabies. .0787, f r.ncrT-'ir:". a'asa'u. rablea .0455. M,rtSmi. cables. .0756 nonanu .. Norway Demand. - Sweden Demand, . Penmark Demand. 1";. " Switaerland Demand. .1S4S. fpaln Demand. .1470. Greece Demand. .045. Argentina Demand. .. Brazil Demand. .17S. Montreal .13 1J-M, . South Side Brevities Mrs. Fred S-!k ef HomestesJ spent Thursday with friends at Paplllion, Burn Christopher. No clinkers: fsw she. Plronka Coal Co.. MA. il7. Adv. ORIENT COAL? CERTAINLY. MAR KET 07. SOUTH OMAHA 1C COSt PANT AdverUsemeat. The Smith fide poeteffice 1T1 be open very night this week nat'.l 1:14 iv rw t Uka car ot the Cluistmaa rash. THE GUMPS leases " I Amr VIM tH (AUlll,. 11 ' ' ' . 1' 1 " ' '" f I LJi- ' - -i. i a I I7.lke ,. - . . -v AT . Tl if Aosvi NotVE 60T A PVtTTY HOME IMTI It ra.aV VlftvJ lOf VOU ? iS "V BOX XoVRE 36 1 JvT C0T T fltWUKt A A I I I ' BW. ' ' I f ,wlufTB Str. rv K.J a 1 I . . cr en arr. v.. I I I A.FFAIK.- St WfJwf wu- kVMiU NO A True th I I I Jurr CovuHT 1 11 Wtftf 'YTm V". ) V m MOftb V AW NOV)- J RiM V V"Jiry' V?- ry , , I ' ' V . -v vuurt mi I VI ssn N"" - " I I I i Willys-Overland Co 1 S tUITdTTZ H i nL-r- I n..L. d..j.. I r: I pS'.Am.0p. 11 !! 11 By B. O. DI N & CO. With the year-end only a, fortnight dls. tant and holiday Interruptions Imminent It is obviously not the time to expect significant changes . In business. Dis. patches from widely separated centers In' aicate tnat retail trade has gained in ac tivity, and distribution of hnavywelithl goous haa been qulrkened by sharply low er temperatures In rtitterent sections. These are purely aeaaonal phases, however, and the fact la not nLarured thut most con sumers are purchasing with greater dis crimination and with closer regard for prices. Calculations of prospective public buying power are being made with a - louanuo for the prevailing unemulovment of many workers and the decline in prices of farm products, and dealers everywhere continue conservative In providing against probable forward requirements. The out look In various baslv Industries remains more or less uncertain, but it is not un promising. An approximate average of 60 per cent, operation at steel plants, though it may be temporarily reduced before the new year opena, marka a ..deckled recov ery from the extreme low point of last aummer, and evidence ot larger outputs la also disclosed ,in 'other Quarters. Rec ognition of this' situation' is essential In determining the present status of busi ness and In estimating futuro possibili ties, while a wholesale price level about 3s per cent below the previous hlgncm basis means that a more solid foundation for commercial revival now exists. De spite an excess of advances in Dun's com prehensive list of commodity quotations, further price yielding has developed In some Important Hues, and the Increasing competition for orders marks the change In supply and demand conditions. With out disregarding the unsatisfactory fea tures which still appear, the belief is prac tically general that the worst of the de pression has been witnessed, and that forces are at work whose ultimate effect will be beneficial. Cotton Crop Estimate. The current week has been featured by two official reports having an Important bearing on the course of cotton prices. A strong market for futures at the outset mainly reflected the belief that the gov ernment's crop estimate would be bullish, but the' Washington figures upset cal culations and caused a sharp decline In quotations. At S, 340, 000 bales, excluding linters, the forecast on the season's pro duction proved to be appreciably above trade expectations, and maiKs a larger yield than many people had previously thought possible A later partial onset iu the crop report, on tho other hand, ap- neared In the Census bureau's statement on November consumption. With a total of 626.610 bales of lint cotton, last month's takings by American mills were the heaviest or any montn since .iune, ixm, and the official returns served to ctiecK the yielding ot prices. Full recovery from the earlier setback, however, was not witnessed. Drjr Goods Holding Steady. With the government's cotton crop esti mate exceeding expectations, some hesita tion in buying of cloths resulted, tnousn prices of fabrics were not artecien. in tho main. Hrv eonria markets are holding steady and an early rise of c occurred on print cloths, with sheeting also some what firmer. Seasonal dulness in jobbing trade contrasts with increased activity in retail circles, where holiday demands are now a factor. While some -stores are do ing very well, ,yet tne inriueme or ine reduced consuming Twer Is clearly visible, especially In agricultural sections.- and purchases are cnieny cu ine sutyiw "u more serviceable classes of merchandise. Uncertainties arlslt? from credit condi tions have a tendency to restrict business in different onarters. vet there ts a gen eral belief that the worst of the liquidation in textiles Is over. Strength In Hides. Even with the shrinkage of business In domestic packer hides during the last fort night, prices have been further advanced. The explanation of this seemingly anomalous movement lies In the fact that demand has abated mainly because of paucity of offerings, labor troubles of tho plants or the big killers having Intensi fied the shortage of supplies. With a Unlit kill, and comparatively few unsold hides on hand. It Is expected that the market 111 rule strong until well atter tne turn of tho year, despite deteriorating quality of stock. Io leather, trading diminishes with the near approach of the holidays, but activity still appears 1n some descrip tions. Producers or women s tine siioes are not busy, as the present call for foot wear centers on the more staple and medi um-priced lines, ana smaller operations are reported in patent leather, high grades of plnzed kid and top selections of light weight calf. Bank' Clearings : Bank clearings In the United States for the week ending December J5. reported by telegraph to Bradstreet's Journal, New Tork, aggregate $6,824,387,000, against 16,999.(09.000 last week and $8,222,567,000 In thla week last year. Canadian clear ings aggregate $280,402,000. as against $914,445,000 last week and $361,614,000 In this week last year. Following are the returns for this week and last, with per centages of change shown this week as compared with this week last year: December 15. December S. New York.. ?.$4. 119.600,000 $4,!0S,9nO.0O0 Chicago ..... 510,778.000 637,905,000 Philadelphia . 397,000,000 449,000,000 Boston 319,000.000 209.000,000 Kansas Clty..l 5 26,339,000 . 125,597.000 St. Louis 132,200.000 , 13S.300.000 San Francisco 137,800,000 ... 146,500,000 Cleveland. ... 80.321. 000 . TS.323,000 Detroit 87.9S9.000 80,213,000 Minneapolis .. 70,136.000 4.9. 532.000 Los Angeles.. 94.62,1,0n0 91.719.000 Cincinnati ... 54.870.000 . 62,793.000 New Orleans..- 44,ZR2.nn ea.mo.oua Atlanta 42.424,000 42.424,000 Richmond .... 48, 747, 000 55,795.000 Omaha S4,61,ono ss.eoo.uiw Buffalo 37,7,ono i,;iti,ui"i Seattle 30.243.000 S2. 467.000 Denver 28,914.000 30.367.000 Portland. Ore. 31.719,000 2S 72,000 Dallas 27.010.000 27,769,000 Milwaukee ... 28.360,000 29,807.000 Loulsvill 28,328.000 i'9'!,'12 Houston SI, 364. 060 23,994.000 Memphis 18,821.000 l)sll-l Naahvill 17.380.000 lAi'-V'.1 Oklahoma .... 20,614.000 St Paul 34,4'iS.OUO jo.via.u'", Bi'rmlngham . 20.228,000 ;H"'0?j! Fort Worth... 11,627.000 JHfJ'J'J Indianapolis .. 20.077.000 15'f".0"0 Wlngton, D. C. 19.918,000 82.611.000 Salt Lake City 14.9H.00O 1f'!?5?!i; St. Joseph.... 10.668. 000 9.2R2.019 Toledo 13,032,000 11.606,000 Columbus 13,289,00 , 12.733.000 Wichita 9.968.000 J0.7,000 Providence ... jo.821.000 . 10.595,000 Tulsa 6.998.000 5,902.000 Spokane 10,369.000 11.908.000 Des Moines .. 9.322.000 10,318.001 Rochester .... 9,033.000 10.3M.00H Akron 5.721.00O 5.721.000 Oakland 13.144.000 14.00.0C Hartford .... 8,610,0O . 10.S77.00O Norfolk 7.591. 000 . 9.856,00 Sioux City ... 4.481. 00 ' 4.804.0 l0 Galveston .... 1,795,000 ' t,16.00 Total, C. S. $6,824,387,000 $6,999,509,000 Food Prices Lower Bradstreet's food Index number, based on the wholesale prices per pound of 31 articles used for food, is $2.95, comparing with $2.98 last week and $3.49 for the week ending December IS, 191. Ttis week's numter shows a loss of 1 per rent from last week and of 15 4 per cent .from the like week ot last year. Increased: 8hort ribs, coffee, kngs. live; lambs, lire: gray goods, brown eheeinrs, wool. O. delaine: wool, O. half-blood: Un. Decreased: Flour, wheiat, red; wheat, spring: com. oats, corn flour, butter, cot ton seed oiL eggs, beeves, live;, sheep, live: rotten. by. car wheels, old. Phila delphia; steel scrap. Ch4eago; cast Iron, Chicago; ticpla.es, apeUar. SEE IT IN COLOU IN THE SUNDAY BEE Omaha, Pec 17. Com receipts today were liberal, with 95 cars, against 131 cars a week ago. Keccipts of other grains were light. Wheat prices were 0i,2z low er, Corn was generally 'A&At lower. The bulk of the white and yellow was Mc off. No. 3 mixed was unchanged. Uats were un changed to J4c off. Kye declined ic and barley was off i2c. WHEAT. No. 2 hard, 1 cut, $1.09 (dark, smutty); 1 car, $1.04 (smutty); 1 car. $1.02 (smut ty); 1 car. $1.01. No. 3 hard, 1 car, $1.07 (dark); 1 oar, $1.05 (4 per cent neat damaged, dark); 1 car. $1,03; 1 car, $1,011 (smutty); 1 car, $1.02 (00 lbs.); 1 cur, 98o (yellow) No, 4 hard, 1 car, 95c (yellow, smutty). No. 3 mixed, 1 car, 84c (durum, heavy), 1 car, 81c (durum, smutty), . No, 5 mixed, 1 car,, inc. ' CORN. ' No. 1 white,' 3 cars, 38VJc. No. 3 white. cars, 3.8V4C, No, 1 yellow, 2 cars, 38 "4 c. No. i yellow. 11 cars, 38Vc; 2 cars, 351-40 (special billing). No. 1 mixed, 1 car, 38c. No. 2 mixed, cars, 38 c; 3 cars, tSc. No. 3 nred, 1 car, 38c. OAT8. No. 3 white, 5 cars. 290. No. 4 white, 1 car, 29 'c; 4 cars, 29'ic; 1 car, 29c Sample white, 1 car, 29c. RYB. No. 3. 1 cor, '7210. BARLEY. No. 4, 1 can 44c. OMAHA RECEIPTS AND SHIPMENTS. (CARLOTS) Week Tear Receipts Today Ago Ago Wheat '. 17 41 68 Corn 95 131 52 Oats 16 11 16 Rye 3 3 6 Barley 1 3 3 Shipments Wheat 41 61 84 Corn 67 4 7 15 Oats 3 3 12 Rye 18 21 14 Barley 3 2 6 PRIMARY RECEIPTS AND SHIPMENTS. (BUSHELS.) Receipts Today Year Ago Wheat '760,000 1,209,000 Corn r 1,954,000 611,000 Oats 451,000 441,000 Shipments Wheat 441,000 629,000 Corn 605,000 383.000 Oats 658,000 - 423,000 EXPORT CLEARANCES. (BUSHELS.) RecelDts Today Year Ago Wheat and Flour.,.. .180,000 . 1,063,000 Corn 412.000 CHICAGO RECEIPTS. Carlots Today Wk. Ago Yr. Ago Wheat 95 - 11 11 Corn 353 . 308 74 Oats . 69 65 ' 69 KANSAS CITY RECEIPTS. Carlois Today Wk. Ago Yr. Ago Wheat 155 267 293 Corn ... 62 61 46 Oats 8 8 6 ST. LOUIS RECEIPTS. Carlots Today Wk. Ago Yr. Abo Wheat .....64 .16 130 Corn , 118 85 34 Oats "... 26 16 51 NORTHWESTERN WHEAT RECEIPTS. Carlots Today Wk. Ago Yr. Ago Minneapolis 209 313 286 Duluth ...100 91 68 Winnipeg ..' 860 976 19 Minneapolis Grain. Minneapolis, Dec. 17. Flour Un changed. Bran $21.00(fr22.00. Wheat Receipts, 209 cars compared with 2S6 cars a year, ago; cash No. 1 northern, 11.24 1.28 Hi December, $1.18; May. I1.19H ;. July. $I.lCi4. Corn No. 3 yellow, 37o. Oats No. 3 white, 2930c. Barley 35 60c, Rve No. 2, 7677c. Flax No. 1 $l,92tt2.omc. Kansas Cliy Grain. Kansas City, Dec. 17. Wheat Decem ber, $1.00; May, $1.04; July, 96&C. Corn December, 39c; May, 46c; July, 4794c. St. Louis Grain. St. Lcuis, Dec. 17. Wheat December, $1.09; May, $1.10 asked. Corn December, 49c asked; May, SIS 51o asked. Oats December, 34 c asked; May, 89o. New York Produce. " New York, Dec. 17. Butter Weak; creamery, higher than extras, 4545c; creamery, extras, 444414c; creamery firsts, 37 43 He. Eggs Firm, unchanged. Cheese Steady, unchanged. Poultry Live and dressed, quiet; prices unchanged. . Sioux City Li-re Stock. Sioux City, la., Dec. 17. Cattle Re ceipts, 300 head; market, steady; market for the week, 2676c lower: fed steers and yearlings, J7.60fiil0.60; warmed ups, $4.607.00; fat cows and heifers, J3 8"M 7.00; canners, $100(32.00; veals. $3.00' 8 00; feeders, $4.006.00; calves, $3.60!f9 6.50; feeding cows and heifers, $2.50ffi4.25; stockers. $4.006.00. Hogs Receipts, 3,000 head; market, strong, 10c higher; lights and butchers, $6.356.60; mixed, $6.006.35: heavy, $6.006.16; bulk of sales, $6.206.4O. Sheep Recelpta, 200 head; market, steady for the week, 25 75c lower. New York Cotton. New York, Dec. 17. The cotton market turned suddenly upward In today's short session, following early steadiness, until it was 10 to 60 points net higher, with near month shorts flooding the market; wun Duymg oruers. The opening was at a level of seven points lower to seven points higher. On the upturn, realising was well-absorbed by Wall street shorts and trade interests. Near the end of the session January sold as high as 18.30c, or V4c a pound over last night's close, and December was at 18.40c. up 40 points. The market was within a point or so of Its high at the close with local spot quoted at 18.75c, or up 45 points. Turpentine and Rosin. Savannah, tia.. Dec. 17. Turpentine Market firm, "4c; sales. 167 barrels; receipts. 286 barrels: shipments, 18 bar rels; stock. 12.910 barrels. Rosin Market firm: sales, 1,000 casks; receipts, 1.439 casks; shipments, 103 casks; stock, 79,993 casks. Quote: B. D. E. F. O, H. L $4.06: K. $4 SO; M $5.20; N, $5.35; W, G, $5.60; WW. $5.90. - ' ." New York General. New York. Dec. 17. Wheat Spot, fcare Iv eteady; No. 1 red. $1.26: No. 2 hard. 91. 2: No. 1 Manitoba. $1.2414. and No. 2 mixed, durum, $1.11 c L f . track New York to arrive. Corn Spot, steady; No. 2 yellow, 63c; No. t white, 6c. and No. 2 mixed, 65 "e. c. i. f. New York, all ralL Oats Spot, firm: No. 2 white, 46c. Other articles Unchanged. New York Dry Cnmla.' New York. Dec. 17. Cotton gowl closed steady today, with trade of mod erate volume. Tarns have been bought mere freely this week at low prices. The burlap markets were fairly steady: silk products wre rrb-ed higher, but sale fsfnrted. In wool rmii markets, slow progress has been made toward showing fall 19:2 lines. The ready to wear trade was quiet. New York rMerf Fruits. New York. Dec. 17. Evaporated Ap ple Scarce. Prunes Quiet Arrtrete and Fetches Firm. Baiains Dull. DEAR OLD UNCLE Furnished by State of Nebraaka, de partment of agriculture, bureau ot mar ket and marketing: LIVE POULTRY. Wh'sale Wh'sale Buying Selling Price. ' Price. Stags $0.15$O.16 0.15$0.U Springs 18 .20 .52i 24 Hens, llgkt 16 .17 .18 .28 Hens, heavy 20 .22 .25 26 Cocks 104P .11 .12 .15 Ducks l' .18 .SOW 25 Geese 16 .18 .20 3 Turkeys 250 .35 .333 -40 DRESSED POULTRY. Broilers Springs liens , . Cocks . Ducks . Geese . . Turkeys .38 .24 .254(1 .18 .28 .48 .23 .210 .23 .13 .13 .25B .30 .21 'tf .23 .42 .45 EdGS. Select -.42(19 .45 .62(91 .65 No. 1 39(! .40 .42 .45 No 2 .26 .30 ,32t(l 35 Cracks .23 .25 .30 .35 Case count, case. 11, 70012.00 Storage - .30 .45 BUTTER. Creamery, prints 46 .46 Creamery, tub & 44 .46 Country, best ... .28 .30 .35 .40 Country, com. .. .23 ,25 .27 30 Butter fat, station price 32 HAY. Prairie No. 1 Upland $11.60 t2 00 Prairie No. 2 Upland 9.60 10.60 Prairie No. 3 Upland 7.50 8.60 Prairie No. 1 Midland 10.(0 11.00 Prairie No. 2 Midland 8.50 10.00 Prairie No. 8 Midland 7.00 8.00 Prairie No. 1 Lowland 8.00 9.00 Prairie No. 2 Lowland 7.00 8.00 Alfalfa Choice 18,00 19.00 No. 1 15.50 16.60 Standard 12.00 15.00 No. 2 10.60 11.60 No. 3 7.00 10.00 o.-it straw 8.00 9,00 Wheat straw 7.00 8.00 FRUIT. Fruits Bananas, per lb.," 7 Mi 8c. Organges: Size 216 and larger, $6.507.00; size 250,' $C.O06 75; size 288, $6.506.60; size 324, $5.00(05.50. Lemons, boxes, $5.60 la b. 60. Grapes; Emperor, in lugs, $3.00 3.50; Emperor, in hogs, $7.00; Atmerlus, $10.00. Grapefruit, crates, $4.506.00. Apples, according to grade: Jonathans, $2.50gf3.60; Delicious, $3.OO5.00; Rome Beauty. $2.003.00; Spitz, $2.603.50; Stamen Winesap, $2.603.U0. Cranberries: Bui., $5.0020.UO; 1-3 bbt., $2.6010.00. Figs: 4-8-ez., $2.002.25; 12-10 oz., $1.60; 60-6 oz., $3.60g3.7&. Dates: Dromedary, 36 pkgs. per box, $6,76; Fard, lb., 25c; Hallow, lb., 17c; Golden, box, $5.60. Vegetables Potatoes: Nebraska, Early Ohio, No. 1, $1.762.00; Nebraaka, Early Ohio, No. 2, $1.601.76; Red River Ohios, No. 1, $2.002.50; Red River Ohios, No. 2, $2.O02.25. Sweet potatoes: Per bu., $1.762.U0; per bbl., $3.0U5.25. Celery: Jumbo, crate, $1.251.60; Michigan, doz., 6575a Lettuce: Head, in crates, $4.00 fn.'4.o0; leaf, per . doz., 60 to 60c. Oniona: Red, lb., 614ffl7o; yellow, lb., 664oi Spanish, orates, regular, $2.50; Spanish, 140 lbs., crates, $7,u07.60. Cabbage, lb., 45c. Cucumbers: Doz., $2.503.00; box, $5.50. Cauliflower, crate, $2.753.00. Radishes, doz., 7580c. Squash, Hub bard, lb., 22c. Turnips, lb., 22hio. Carrots, lb., 2 ffi Sc.. Egg plant, bu $4.00. Garlic. lb 25o, Peppers, lb., 20 35c. Brussels sprouts, -lb., 25c. Shallots, doz., 8690c. Carrots, southern, young, doz., $1.00. Beets, southern, fresh, doz., $1.00. Honey, case, $5.60 6.00. Nuts Black walnuts, lb., 66c; Eng lish walnuts, No. 1, lb., 3235c; Brazil, washed and large, lb., 18c; Brazil, wasted and medium, lb., 1516c; pecans, No. 1, lb.. 20 30c; filberts, Roond, Sicily, lb., 1618c. Peanuts: Jumbo, raw, lb., 12 16c, hand-picked, raw, lb 9Vic; hand picked, roasted, ll12c. Wholesale prices of beef cuts are as follows: No. 1 ribs, 19c; No, 2 ribs, 18c; No. 3 ribs, 17c: No. 1 loins, 23c; No. 2 loins, 19c; No, 3 loins, 18c; No. 1 rounds, 14c; No. 2 rounds, 13c; No. 3 rounds, 12c; No. 1 chucks, 9c; No. 2 chucks, 8ijc: No. 3 chucks, 8c; No. 1 plates, 8c; No. 2 plates, 7V.ic; No, 3 plates, 6Vfcc. Weekly Summary, POTATOES. - Potato receipts were considerably heav ier last week than they have been for some time. Thirteen cars were unloaded In Omaha; 10 from Nebraska, jne from Wyoming, and two from Minne sota, as compared with a total of five cars the preceding week. Prices remained unchanged, however, from prices Quoted the week before. HAY. Hay receipts were somewhat lighter last week than were reported the pre ceding week. A total of 76 cars were reported as having arrived at the ex change the first five days of the week. There were forty-two cars of alfalfa and 34 cars ot prairie hay. Very little change in prices occurred. The lower gradea ot alfalfa were reported 50c to $1 per ton higher than prices quoted the week be fore. POULTRY. The poultry market remained quite steady last week, with very little change in prices, springs were reported slightly higher the last of the week. A slight fluctuation, occurred the middle of the week, but prices reported the last of the week, on most kinds of poultry were about the same as those reported the preceding week, EGGS. The egg market was very unsettled all week. The continued warm weather In creased the receipts of fresh eggs on the market, and this, together with the fact that an injunction against the Chicago market had temporarily closed dealing there causing a marked declined of 8c per dozen on fresh eggs there, caused a decline In the Omaha market. Dealers paid $11.70 to $12 per case the last of the week. Dealers were not anxious to load up heavily on fresh eggs. Storage eggs remained unchanged, selling at 30c to 45c per dozen, according to grade, to retail dealers, BUTTER. The butter market remained unchanged throughout the week. The demand was about normal. The high price of butter keeps up a good demand for butter sub stitute. .CHICAGO CLOSING PRICES. By Updike Grain Co. DO. 2657. Dec IT. Art. I Open. I High. I Low. ) Close. Yes. Wht. Dec. 1.074 1.07 1.0 1.074 1.07 May 1.124 1.11 1.114 1-12V: 1'2's 1.12V l.lt 1.124 July 1.02 1.02 1.01 1.02 1.024 1.02 RT. I I ( f t Dec. I .83 .82 .81 .81 .81 May .81 .( .88 .88 .88 Corn Dec. .46 .464 .46 46 .44 May .63 .63 .52 .2 .61 .63 53 July .54 .54 .64 .54 .54 (late Dec. .32 .12 32 .32 .32 May .38 .38 .37 .38 .34 July .38 .38 .38 .28 .38 Pork Jan. 14 7 14.7 14.7 14-79 1(1) Lard Jan. 8 68 .H 8 51 g 2 155 May 8.97 9.04 1.9a (.05 $.17 Ribs Jan. T T5 T. 7.41 7.SS May 71 7 72 1.9H 7 t Weekly Failures Business failures for the week ending tecember la somber 54S, which compares with 691 list week. 414 In the like week ot 1910. m in 1919, 111 la 1911 and 161 la 1917. By ALEXANDER DANA NOYES Chicago Tribune-Omaha Bee Leased Wire, New York, Dec. 18. The past week has repeated, and in most re spects emphasized, what has seemed to be the; paradox of the financial situation a foreign exchange mar ket responding with great excite ment to the developments of inter national politics, yet a stock market, both in this country and abroad, which appeared to be indifferent to all such news. Even on the Lon don stock exchange, where one would expect to find reflection of the Irish settlement- as well as the Washington conference and the Ger man negotiations, recovery in prices has been only fitful. British government bonds have indeed come up a point' or more in the past week, but that would be explainable on the same ground as the rise in our own war leans, most of which occurred before the im portant political news had operated as an influence. Meantime even government bonds have hardly stirred at Paris. Stock Market Travesty. Our own stock market has been little more than a travesty of response to the day's Important news; It was much more sensitive last week to reports of an understanding with the Mexican gov ernment over regulation ot oil production than to actual news of an understanding with Japan regarding control of the Pa cific or with England regarding arma ments. The standard investment stocks have hardly stirred, Since a stock market cannot, In tho nature of things be wholly unaffected by auch news as that at Washington, it would seem to follow that the influence of that news must have been offset by other considerations. It Is difficult to find such offsetting influences except in the continued low volume of business activity, the narrowing range of bsslness profits and the uncertain outlook for railway traffic. - Assuming the uncertain outlook for trade recovery to be the cause of the hesitant stock market, there is to this extent, an element of the Illogical about it the markets have been asserting for months- that recovery; in the American situation depends on recovery In JSurope, yet that foreign, exchange is now rising on the betterment of Europe's prospects at the moment when stocks are halting through Increased doubt over our own. Market Reflects Changes, In time these inconsistencies will he smoothed out, as has happened before. It must not be forgotten that even foreign exchange ' was very slow In recognizing the change for the better in Europe. That market has indeed reflected alter nately the changing attitudes of the public mind regarding the. European problems. During the early part of 1919 the decline in sterling from Its war-time pegged price was very slow. People were talking them or immediate European recuperation. In 1920 and a good part of 1921 Europe was given over for lost and the hysterical fall in sterling measured the public's emo tional view .f the situation. It may be. notwithstanding the very real recovery which has occurred In Europe, that the public mind is now going to the other direction at least to the extent of de claring that something can be done over night to cure all of Europe's Ills. Such an idea would account for the occasionally hysterical character of the past week's sterling market. Overnight cures are not often witnessed, however. Usually what Is done in the way of Bpectacular relief turns out to have been mostly valuable for stopping the progress ot disease. New York Quotations Range of prices of the leading stocks furnished by Logan & Bryan, Peters Trust building: BAILS. Friday High Low Close Close A T ft S P 93 91 92 91i Baltimore & Ohio 36 36 ' 35 35 Canadian Pacific. 122 121 121 121Va N Y Central 734 73 73 73, Chea & Ohio .... 66 56 66 56 Erie R R 10 10 19 ' 10 Gt North'n pfd... 76 744 75 75 Chi Gt Western.. 6 6 6 6 Illinois Central .. 99 99 99 99 Kan City South'n 234 Missouri Pacific . 17 17 17 17'i N Y, N H & H . . 13 12 13 13 North'n Pacifio By 80 79 79 79 Chi & N W 67 67 67 67 Penn R R 33 83 83 32 Reading Co 73 71 73 71 C, R I & P 32 32 32 32 South'n Paoifio Co 80 80 80 80 Southern Ry 19 19 19 19 Chi, Mil & St P.. 19 19 19 19 Union Pacifio ,.127 126 126 126 Wabash 7 STEEL. Am Car Fdry...l45 145 145 145i Allls-Chal'ers Mfg 38 38 .18 38 '4 Am. Loco. Co. ... 99 98 19 984 Utd. Alloy S. Corp 25 Bald. L. Works .. 97 95 96 974 Beth. Steel Corp. .57 66 67 67 Crucible Steel Co.. 67 66 66 67 Am. 8. Foundries.. 34 83 83 84 Lack. Steel Co. .. 46 46 46 47 Mid. Steel & Ord.. 28 28 28 28 Rep. I. & S. Co. .. 63 53 63 53 Rail. S. Spring ..91 91 11 92 8,-Shef. Stl. & I. . 38 38 38 U. 8. Steel 84 84 84 84 Van. Steel 32 32 32 82 COPPERS. An. Cop. Min 4948 484 40 Am. E. & Rfg. Co.. 46 45 46 46 Chile Cop. Co. ... 15 15 15 16 Chlno Cop. Co-. ... 28 27 27 28 Cal. & Ariz. 68 Insp. Cons. Cop. .. 42 41 41 43' Kenn. Cop. 27 26 26 26 Miami Cop. Co. ..27 27 27 274 Nev. Cons. Cop. Co. 16 14 15 11 nay (J. cop. co. .. 15 15 15 15 Utah Cop. Co. ... 64 63 (4 64 INDUSTRIALS. Am. B. 8ug. -Co. .. 28 28 28 28 A., O. A W. I. 8. S. 33 23 83 23 Am. Inter. Corp. . 43 42 42 42 Am. euro. iot 31 30 30 31 Am. oCtton Oil .. 21 20 21 21 Am. Tel. & Tel.. ..117 117 117 117 Am. Ag. Chem. '.. .... 29 Bosch Magneto ... 16 25 35 36 Amer. Can. Co.... 24 34 34 34 Chandler Motor .. 60 60 60 60 Central Leather .. 31 10 31 30 Cube, Cane bug.... 4 8 6 Cal. Packing 70 70 70 70 Corn rPod. Rfg. .. 17 14 86 17 Nat. Enam 38 37 87 88 Famous Player .. 77 76 77 76 Flak Rubber 12 13 12 11 Gen. Electric ....141 140 140 141 Gt. North. Ore ... 11 jl am HI Gen. Motors Co.... 11 11 11 11 Goodlirh Co. ..... 34 35 35 31 Int. Harvest 81 83 81 84 Am. Hlde-Leath. . o co CA14 at I". 8. Ind. Alcohol 39U 3 79 39 Int. Nickel 12 12 12 12 Int. P.p-r Co..... 65 (4 tt li Island Oil 2 24 2 t Aju Robber Co... 18 17 17 18 Kelly-Sprlngfeld . 44 41 43 41 Keystone Tire .... 16 14 15 1434 Inter. M. M., com. 11 11 11 14 Inter. M. M.. pfd.. i t 44 Y' Petroleum ..114 US', lir.. ticu. Middle 8tats Oil., 14 13 1J 14 Pur Oil Co.. 39 14 3s 3 i I VAMT VOW TOUT'S HOTEL TWKiHT- SAHe A.tAtfilN(j IT tH.ME TOLtwtt. lO UO AfCAW w AVVAHUt IVlt WHOLE, Af FMtV- SE KNO) MOVM- NO txetNSt- SHCS VtTMO HIS. tMO- ARC TL OHl fAJCTX-. I T AKTHW Willys-Overland Co Pacifio Oil 49 Pan-Am. P. & T.. 16 Pleroe-Arrow Mot Royal Dutch Co... 63 U. 8. Rubber Co.. 56 Am. 8'r Hfg. Co. .. 63 Sinclair Oil Rfg. 23 Seara-Roebuck Co.. 6' Strombnrg Csrb. Co 36 Rtudebaker Corp... 81 Tob. Products Co.. 63. Trara-Cont. Oil ..11 Texas Co 47 U. 8. Food Pr Corp 10 Union Cahlde 44 White Motor Co... 39 Wilson Co., Inc. ... 30 Wests El. St Mfg. 60' Am. Woolen Co... 81 49 66 14 61 66 63 23 68 85 81 63 11 47 10 44 39 29 61 tl 61 6644 61 22. 67 36 60 62 10 47 10 44 39 29 60 60 62 (6 61 22 66 35 61 62 11 ' 47 10 44 99 29 60 60 Sales. 11 o'clock. 234,500, - Money Friday's does, 6 per cent. Marks Close, ,0062; Friday's close, .0051. Sterling 14.18: Friday's close, 14.16. Live Stock . Omaha, December 17. Receipts were: Cattle Hois Sheen Official Monday 4.807 6,268 14,64 Official Tuesday .... 3.459 11,473 9.977 Official Wednesday,. 6,606 9,667 6,690 Official Thursday .. 4,493 7,115 10,023 Official Friday 2,113 8.149 8,807 Estimate Saturday .. 400 4,000 Six days this wk.... 20, 777 45,671 45.049 Same last wk 20.031 26.874 32,078 Same 2 wks. ago ...21,605 48,610 61,762 Same 3 wks. ago ...20,763 31,418 28,023 Same year ago 31,622 60,719 41,717 Receipts and disposition of live stock at thi Union stock yards, Omaha, Neb., for 24 hours, ending at 3 p, m., Decem ber 17, 1921: Cattle Hogs Wabash R. R 2 Missouri Paciglo Ry, 8 1 Union Pacifio R. R. , 3 16 C. & N. W. Ry., east 1 3 C. & N. W. Ry., west 1 19 C. St. P. M. & O. Ry 6 C. B. & Q. Ry., east 2 C. B. & Q. Ry., west 11 C. R. I. & P.. west 1 Total receipts 15 68 DISPOSITION HEAD. Hogs Armour & Co. 818 Cudahy Packing Co. 818 Morris Packing Co 855 Swift & Co. ' 847 J. W. Murphy , 613 Swartz & Co 356 Total ..4,207 Cattle The only cattle on sale today were holdovers from Friday's mean close and the prospects were that most of them would .be kept for Monday. About 400 head were received today nearly all directs, making the week's total 20,800 head. Fat cattle have slumped sharply since the middle of the week and after showing strength Monday and Tuesday are closing unevenly lower than a week ago. Steers show losses of 50c$1.00 and she stock is generally 2550c lower. Fri day's market being lifeless at this de cline. Stockers and feeders reacted or, the close and are not much more than steady for the week. Quotations on Cattle Good to choice beeves, $6.607.76; fair to good beeves, 35.606.50; common to fair beeves, 15.00 5 50; good to choice yearlings, 67.750 9.25; fair to good yearlings, 16.25 7.60; common to fair yearlings, $5.00)6 00; good to choloe heifers, $6.75(6.25; fair to good heifers, 14.5006.60; choice to prime cows, 14.606.00; good to choice cows, 13.904.40' fair to good cows, 33 26 3.85; common to fair cows, I2.003.00: good to choicer feeders, 5li.006.60; fair to good feeders. $5.40tS:6.90; common to fair feeders, I4.605.35; good to choice stockers, $6.256.75; fair to good stockers. $5.756.15; common to fair stockers, 15.00 5.75; stock heifers, S4.00S5.00; stock cows, 32.75 5ji 3.75 ; stock calves, S4.60(j Ik ' 1 A The 11 1 1 11 p wmds Short Term ' oAcceptanccs Drawn for The Bee by Sidney Smith Cow right. (2I, ChiMge Tubus I'ooipaay "TO COM. PONAH TO TM6. IXL CAR FOR VOV TMJ STANOtX3 M IHc. lAt H FOVt AN tA, Vli. Vfc TC.Tfc M b.JU- 7 60; veal calves, l.t0OI.00s bulls, stags, etc., 13.2696.00. Hnga Hog receipts, 4.0(10 head. Tha market waa active today with an advance of 1010c, th good light hogs moving readily at an advance mostly 10c, while heavy. mixed and packing grades woro hard to sell and were mostly stesdy to strong. Light hugs sold from 16 ,6.46 for th bulk with th top of 16.65. Mixed loads from J5 766.25, packing grades at I5.60W6.00 with th extreme heavies sell Ing down to 14.76. Hulk of sales, 16.16 61.46. Compared with a week ago tbc market Is lt$26o lower. HOGS. No. Av. 39. .665 65. ,296 65, .270 64. .260 44. .251 84. .826 65. .211 64. .196 6h. Pr. 4.75 6 60 6 86 05 1 26 1 85 6 45 6 66 No. Av. 67. .316 66.. 804 61. .308 62. .243 73. .223 60. .224 71. .197 Ph. 80 210 70 1 36 6 '5 I 00 20 6 30 40 6 60 380 10 120 Sheep There were no fresh receipts of sheep and lambs Saturday. The general trend of the sheep and lamb market for the week haa been downward, mostly ac counted for by the falling of shipper de Upclike Grain Company OPERATING a large, up-to-date Ter minal Elevator in the Omaha Mar ket, 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 Commerce Minneapolis Chamber of Commerce St. Louis Merchants Ex change Kansas City Board of Trade Sioux City Board of Trade Omaha Grain Exchange All of the offices except Kansas City and Milwaukee' are connected with each other by private wire. It will pay you to tt in touch with on of our office when wanting to BUY or SELL any kind of grain. We solicit your consignments of all kind of grain to Omaha, Chicago, Milwaukee, Kansa City and Sioux City. Every car receives careful personal attention. Updike Grain Company "The Reliable Consignment House" ' ' a -- Principal andifears of Interest As a Christmas Gift A 1000, 20-ytar 6 Bond earns a total of 1200 in interest if held until the $1000 principal becomes due. Should the interest be re-invested semi-annually at 6, the 1000 Bond will grow to 3 262 by maturity. A well secured, income-producing Bond is a gift that brings its bounty on every interest date, renewing thoughts of the giver as each coupon is clipped. To " the growing child it becomes an object lesson in thrift that cannot be found in school books. The princi pal, payable at maturity, remains a valuable asset. Surely a substantial remembrance ! cA list of Bonds ideal for this purpose . will be sent upon request. National City Company National City Bank Building, New York First National Bank Building, Omaha Short Term ftytes mand which was the outatandlnf feature el last Mrk'l liwrkL fat lallllx rlnaxl wtak wun th bulk moving at ! Utt 1000, showing a doiliua of lot) under laat wk uluae, r'rdr Unibs have bnn steady to uo'a ail week, (liar b. Ilif a fair dinnd a.iffnlenl to tak rate of th light rwoipla, uuuieilon M oo tltti, '111 aheap market haa baan weak With heal light , Balling st II In), compared Willi 16.01 for laat k paavy ara hard to and . uotnl from tl 604F4 44. isolations on shpi Good la rholce fat lainba 19 76010 00; fair to good fat lamba, I. 00 I 76; k la choir faedar lambs, M.IIV14A; fair t good trader lambs, Uu.fl40 rull lam be, It t III fat yearlmia 14 04! 60; fat wain era, 14.610l.26l fat wa. 13.0004 60; trader cwea, U I0OI 60; cull 11.10 VI 60. Chicago Uv Meek. Chicago, Dae. 17111. B. Burtstl of Maikata.l Cattl Receipts, 1.000. head: compared with weak ago, beef ataara niuatly toctll 00 lower, medium and good rada snowing full dnWIne; airldly com mon altera little rhngrd she stock gen erally 85 10 lOo lower; veal calves, steady; hravy calvea, ahaiply lower; Blockers and feeder, strong to X60 hlgliar; bulls, 3 00 to 6110 higher. Hi.iik lUielpts, ' 1,000 head; market optiid steady to lOo higher than yeatar day's average, rlnatng alow and lOo to 16e lower than early ahlpvar bought about 7,600 head; holdover lights; top, 17.10 for Hunt lights; 170 pouuda average up to I.I6; bulk of aalra, tliottj.vo; pig, steady to loo higher; bulk, dailrab!, li.sutfl.to with some at 17.40. Fhrpp and Lambs Receipts, 1,000 head; market mostly packets direct: compared with week ao. fat Inmba, 11 OA to 11.26 lower: fat yearllnie. 16o to 1100 lower; fat aheep. 600 to Ho lower; feeder lambs, 600 higher. Kansas City IJv Block. Ksnass City. Dee. 17. (U. B. Bureau ' of Markets.) Cattle Receipt. 60 head; for week, hoof ateers unevenly 60c 01 1.00; Christinas yearlings, 112.76; fat aha stork generally weak to 60o lower, canna', bulls and rslvrs, mostly steayd; stockers and feeders, 16026c higher; stock cows snd hellers, steady to 26o lower, stock calves steady to 600 lower. . Hogs Recelpta, 1,000 head; 1O10O high er than yeaterday'a packer trade; good hoga mostly 6(1.6596.70; top, 11.70; bulk, 16 50 (if 6.70. Sheep Receipts, 8,000 head; today re celpta through billing, for wek: Sheep, 25 Hp 500 lower; lambs mostly 16a lower; top, 110.35. Ht. Joseph Llv fltock. St. Joseph, Deo. 17. Csttl Receipts. 100 hend; market slow: steers, 16.00 ti 9.75; cows and heifers, I3.2iff8.60; calves. 14.00flt7.00. Hogs Receipts, 7,000 hesd; fully iUady; top, 16.65; bulk, 16.406.66. Sheep and Lambs Receipts, 800 head; market nominal; lambs, 19.60010.26; wes, 13.25tH.25. -OFFICES AT- OMAHA, NEB. LINCOLN, NEB. HASTINGS, NEB. CHICAGO, ILL.. SIOUX CITY. IA. ' HOLDREGE, NEB. GENEVA, NEB. DES MOINES, IA. MILWAUKEE, WIS. HAMBURG, IA. KANSAS CITY, MO. 'anccs J