Omaha Daily Bee Newspaper, November 1, 1916, Page 16

16 LIVE STOCK MARKET|GRAIN AND PRODUCE Unsettled Futures Make Cash Wheat Market Dull—De- cline Kills Sales. POOR GRADES SELL WELL Cattle Slow, Steady to Sharply > Lower—Feeder Stock the : Worst Sufferers. AVERAGE' STEADY HOGS Omaha, October 31, 1916. Omaha, Oct. 81, 1916, oo were: Cattle. Hogs Sheep | The cash wheat market was rather dull mfldfl"fi g 5,308 7,846 16,307 | toddy on account of the unsettied condi- |\ Rstimate ay . 8,600 27,000 | tion of the future market, and the cash o' article ruled from 2@3c lower. The cash Two days this week.26,308 16,445 demand, however, was falrly active, but Same days last week. 27844 12,762 seliers dfd not want to let Ko at the de- Same days 2 wke, ‘ago.36,180 - 7,029 6 cline in the market. The bulk of the No. 2 £ Same days 3 wks. ago.25,964 5,981 hard wheat sold about 2¢ under yesterday's Same days 4 wks. ago.25,454 13,261 average price, while the No. 3 hard sold “ | today around $1.80 as compared with $1.83, the price generally pald yesterday. The pocier grades of wheat sold more readily today and’the No, 4 hard ranged in price from $1.65@1.77, with the bulk of the samples golng at $1.70. Durum wheat wold at a premium over the hard winter varlety, Same days last year...22,850 6.784 Recelpts and disposition of live stock at the Unfon Atock yards, Omaha, for twenty- four hours ending at 3 p. m. yesterday: RECEIPTS—CARLOADS. Cattle. Fogs. Sheep. H'r's. 7 ; 5 3 but millers were bidding about 2%c lower s\i',.::'.: ot i e .| than they were yesterday. Missouri Pac g A Thero was a slight Increase in corn re- : Union Pacific TR 4| ceipts, and the demand for this cereal con- &N eant.. 9 4 ..|tinued strong. Old corn sold at steady &N \\ i B 1| prices and the new ruled from 1@Z2c lower. 0. 8t PLM. 6 3 The top price pald for corn today was $1.03, \ g'q 7 2 _ ..|but the bulk of the samples, which grade & Q. 32 30 1|No. 3 and No, 4 mixed sold around 99c¢@ | L &P 8- Ao . | $1.00. The demand for oats was very good at prices ranging from % @ %c lower. The top price for the day was blle, but the bulk of the samples went at blc e C. R L& P, west 2 Tiiinols Central [ Chi. Gt West.. 125 102 while 2,442 | 000 bu. Liverpool close: Wheat, 1d lower to 1d . | nigher; corn, strong at 1%d higher. Primary wheat receipts wore 1,774,000 bu. -nd whipments 3,401,000 bu., agalnst racel ln 2,000 b, and shipments of 1,762,000 Hunsinger & O... ‘W. B, Vansant Co.. Benton, Vansant & L. glll & Bon .. : foa ypar, .| Primary corn receipts were 607,000 bu, . |ana shipments 506,000 bu., against receipts of 135,000 bu. and shipnienis of 163,000, bu last year, Primary oats receipts were 1,363,000 bu and shipments 1,643,000 bu,, against receipts “ | of 941,000 bu, and shipments of 1,168,000 bu, heat, Werthelmer & Do Corn. %,’, Hamliton Chicago 52 193 529 liven, Bro. + | Minneapo) v bz Mo. & Kum Caif Co. - | Dututh . . Wlnnlpfll‘ . These snles were reported: Wheat—No. 2 hard winter: 20,663 very liberal today, bt othar grades lower ‘than ‘-n selling pretty ng lfitualunnoln ht after | ng ‘r{dn ing down to & par with 1 'k cattle and feeders, " 1o the ‘high price of corn, Which out country buyers, are breakin at all t points on account o tly " demand. That Is not are likely to continue on the down 5 cars, Sic. No. ¢ white: 4 cars, 50%c: % unless shipments are reduced. At |car, nm Sample white: 2 cars, 60%c; ml cattlo and feeders |1 car, b0c. & week or ten days hn Cash Prices—Wheat: No. 2 hard, w No. 3 hard, §1.77@1.52; No. ¢ 1 car, 51%0. Stand- cars, 61%0. No, 8 white: O Ry« mave Ol 16 .:.mu-m ulr u ‘white, .10'!!: No. 3 Yflllo'l. cominon to fal N No, 3 vellow, }1.0101.0 Omaha Futures ‘The Argentine situation is wtill hullish, but the slackenin o the close of the fi‘rlbolll 1,400,000 bushel Several of the longs who have expected wheat to sell around the §1.90 mark have apparently been satisfied profits, and this profit-taking was in some degree the The_ situation on corn | lower the rather eady dur- December oats opflll a trifle lower, but howed a galn of about %c over the opening quotations. 0o lower, . ‘'with a big| Tho trado in corn and oats was not very y IIAM .fi'h.n active and was confined mostly to the pit “! ‘but en- | element, there being very few outsiders in ,um nM 10 be | the market. u:m expected, .“", and | Local range of optlon: M tle 1 casl n the mly Deo, moved up to yesterday's le W prices ‘cont! 0 im| vcum mv::;fl nd It 'zfll.(l nnlllulun No. Av. 8h. 81..304 240 29..214 M 9., 97 ... 840 ly & comparatively small ted nn\y was in the 189 |190% atarted out, the move- 184 | 186 (187 weason, packers buying | July TN 1 49N |140% vtn at their disposal on | Corn. They pald as high Dec. 8T%/| 81 80 | 88y S9N 8% 88% | 89 were slower, though early [ Onts. i | led muy. -mhc (uod ‘medium | Dec. TR BA%| 54% 3 B8N 7% ueam (13H | | 26 97 | 26 36 |26 97| 26 35 |26 15 | 26 00 | 26 06 [26 87| 26 06 (26 00 ! | | 1 id around ‘ 16 45 | 16 45 (16 35/ 18 45 |16 45 1) bunches up to §7. 16 60 | 15 50 [16 35| 16 47 (16 60 was big, but demand i | ' than It has been for some tims | 14 66 | 14 85 |14 27) 14 27 {14 G2 many sales ba L 13 71| 13 90 the feeding and breeding e l- o old catuh-as-catch. - n ‘mpu-m- to nuuu M N'W h"mn DHces foday 10aked | Uncertainty About Outcome of Subsen In- Jotay R cldent Unsetties Wheat Values. Chicago, Oct. § Aberal export business breeding pui during the last twenty-four hours did ® d actlve throughout |good deal today to offset uneasiness of e traders in regard to possible diffi- nd the United CHICAGO GRAIN AND PROVISIONS, betweon - Germany States. The market clos for December and $1.86% with the market us a whole ranging from advance compured with to %e advance, unchanged to © lower and provislons varying from ling the October record set yes- | ¢ down to a rise of 200 \ 3 .~ A good share of the large feeder [ Bears in wheat had the advantage at the " mnd breader ewe supply had changed hands | outset, as doubt stlll prevailed whether re. " time. newed complications for the United States uuog and Jambs: Lambs, | would develop as a result of the latest sub- 806 lambs, fair to | marine attacks. Besides, reports of cloudy @ I3 fat ewe top had been boosted to wkios in Argentina were taken to imply chances that the end of the drouth there le supply total formed an additional bearish element, though gen- garded as of much lewser im- Bullish sentiment “y wever, when announ: t way recelved that yesterday's oxport business had been more than treble the wmount currently Pr. | estimated and that Great Britain had been 5 75 [ buying freely on the downturns in prices, 19 70| Late t?orl. that 1,000,000 bushels of o L wheat had been disposed of to Europe today 64 The trade In rye was very qulet, et ) 40 “";N EAD. barley was In good demand at steady PINPORLTION- - 5 prices. The best grades of rye sold today | = ! Cattle, Hogs. . 8heep. | 4 §13¢ and the top price on barley wus Morria & Co. 1,280 1326 | gy 15, Swit & Co.. 2,046 2784 | Giaurances were: Wheat antd flour equal L2409 1808 | 1o 1,126,000 bu.; corn, 28,000 bu.; oats, 393, gave a fresh touch of confidence to the bulls in the final dealings, but came none too soon, as the market had for some time pre- viously been inclined to waver, doubt that the foreign demand would con- Including the 1,000,000 bushels sold today, the total export business of the last twenty-four hours was figured this evening tinue, at 2,750,000 Corn rallied owing to the late Strength in wheat. During most of the day, though, the corn market was weak as a result of large consignments from the country and because heavy marketing of live stock was ex- pected to reduce fedeing. Oats swayed confidently with other cere- als. Considerable selling was induced by the huge proportions of the visible supply. provisions 3% @32 $1.04% Provisions: $14.25@ 14.50. Butter—Steady; creamery, 31% @ 35c. Eggs—Steady; receipts, 4,908 cases; firsts, Although other cereals Chicago Cash Prices—Wheat: $1.85%7 No. 3 red, $1.%@1.81; No. 2 h.ra $1.89% @1.90; No. 3 hanl $1.77. % 2 yellow, 4 yellow s 99c@$1.00% ) 1d, $1.04%; new, 97c. Outs: No. 3 white, 621 @53%c; stan ard, 531% @54c. Rye: No. 2, nominal; No. 3, $1.99G71.41. Barley, 85c@31.22. Beeds: Timothy, $3.26@5.25; clover, $11.00@15.00 c; mark, cases included, 2631% Potatoes—Unchanged; Minnesota and Dakota white, Minnesota and’ Dakota, Ohlos, $1.50@1.65; Michigan and Wisconsin white, $1.50@1.70 Poultry—Alive, 16%¢; springs, 17c. Minneapolis Grain Market, Minneapolls, Oct May, Pork, $28.00; lard, $17.00; ordinary firsts, 20% @31c;. at receipts, 75 cars; $1.60@1.65; THE BEE: OMAHA, WE]5NESDAY, NOVEMBER 1, $1.95G2 No. owing to Barley—76c@$1 Rye-—$1.37@ 1.38, St. 8t. Louls, Oct. 2 $1 showed weakenss early, with hogs and grain, the finish was In ! Liverpool, Oct. §1.—Wheat—Spot, general at a net advance, The basis of the| New York, etals—Lead, $7.00 | porthern Dul 168 10d; No. 1 Manitol upturn appeared to be the rally in corn and | @7.05. Spelter, firm & t. Louls | 165 214d; No, 168 10d: No. 8, 16s 11d. delivery, $10.00@10.50. ol Corn—~8pot, American mixed, 11s 63%d. No. 2 red, P — ribs, unsettled; fowls, 16@ 31 A\vneu-nurrmber Canl No. 1 hard, $1 This Vuhubh lookln Mailed Free E. A. I’ERRON & CO.,, Brokers * 5 i 2 northern, $1.88% @1.96%. 3 yellow, $1.09@1.10. Oats—No. 3 white, G1@51%c. Flaxseed—3$2.63@2.67. Flour—Unchanged. Bran—$26.00@ 27 Louls Grain Market. May, $1.83% WE OWN AND OFFER A se':ltlflels,}?vernment 5-Year Treasury Gold Bonds This bond is not a war bond, but represents the credit of a nation at peace, which like the United States, has been vastly benefited. Exempt from all present or future Argentine Taxes. These five-year 6% Treasury Gold Bonds are the direct general credit obliga- tion of the Argentine Government, whose faith and credit are pledged for the prompt payment of the prineipal and interest. BURNS, BRINKER AND COMPANY, 449-50-51-52 Omaha National Bank Building. 1916. 1 northern, $1.93% @ | trolytic, first quarter, $28.00. Iron, steady (POLITICAL ADVERTISEMENT.) (POLITICAL ADVE and unchanged. Tin, steady; spot, $41.75@ 42,00, At London: Spot copper, £124; futures, ; electrolytic, £142 10s. Spot tin utures, £52, Lead, £30 108, Spe £150 168; ter, £52 16s. 1 00. Kansas City General MukeL $1.84@1.88; xn‘m May, $1.82@1.52%. 2 mixed, $1.00@1.01%; No. 2 December, 86% @84%c; May, No, 2 ygllow, $1.03@1.04. 2 white, g c; No. 2 mixed, 53@ 31.—Wheat—No. 2 hard, $1.E8@1.96%; red, De- Chester Quis l( 09% @1.11; No. 2 white, o May, B8%ec white, nominal. - Liverpool Grain Market. et $25,000 Sterling 6's Due May 18, 1920. Interest payable May 15¢h and November 15th. + Coupon Bonds in denomination of $1,000. of nations. PRICE—To Yield About 6.00% W. J. Broach, Omaha erd. Omll\l o INVESTMENT SECURITIES Omaha, Nebraska. T e Nebraska State Central Commlttee are urged to support the ré-electi (1) Assimulated many pro (2) Put forward & progre: (3) Considered the whole (4) Kept the country honorably at peace with the world. (5) And taken important stéps toward international co-operation and a league Wlllllml. Lineol S Clnldy, Minden; G. O. Vln Meter, Lynch; President and (NEBRASKA) ARTHUR G. WRAY, President. York . Blair incoln WILSON INDEPENDENT LEAGUE By Arthur G. Wn ‘Tibbles,” Omaha; 8. G. Wol Nebraska Voters President Wilson because he has: Yerk C. VanDeusen, -Blair; L. J. Quinby, Omaha; Ha m, Lincoln; Lawson, Grand sland; W. Glbbo lrnny, Will 8. Jay, Lin:nll\. W. T. Wfll'. en| i i $300,000,000 UniteZl Kingdom of Great Britain and Ireland Dated November 1, 1916 ’ 5Y%% SECURED LOAN GOLD NOTES Interest payable May 1 and November 1 $150,000,000 Three-Year Notes due November 1, 1919 $150,000,000 Five-Year,:Noles due November 1, 1921 DIRECT OBLIGATIONS OF THE GOVERNMENT Principal and interest payable in United States gold coin, at the office of J.P. Morgan & Co., or, at the option of the holder, in London in. sterling at the fixed rate of $4. 86'/1 to the pound Princzpal and interest payable wzthout deductmn for any Brtttah taxes, present or future. | Coupon Notes of $1,000, $5,000 and $10,000 - Redeemable at the option of the Government, in whole or in part, on @ rty (30) days notice, as follows: From November 1, Three-Year Notes 1916 to October 31, 1917 inclluive 103 and interest “T L1z “ 31,1918 102 and interest o . l 1918 “ oL AR E 101 and interest ‘: “ 71,1919 “ 31,1920 ¢ [ “ ““ “« 1, To be secured by pledge with Guaranty Trust Company of New York, under a pledge agreement by J. P. Morgan & Co., of an aggregale value of not less than $360,000 valued in dollars at the prevailing rate of exchange, viz: Stocks, bonds and / or other securities of American’ corporations (including the Canadian Pacific Railway Company) and bonds and / or other oblle-fimu (either as maker or guarantor) of the Government of the Dominion of Canada, the the Dominion of Canada, and / or'Canadian municipalities: Group 1. 1920 31, 1921 olony of Newfoundland, and / or provinces of Aggregate value not less than Five-Year Notes 105 and interest 104 and interest 103 and interest 102 and interest 101 and interest by the Government of securities approved , calculated on the basis of then prevailing markel prices, sterling securities being $180,000,000 (Of the foregoing there will be somewhat over $100,000,000 in aggregate value of securities of cor- porations of the United States and of the Canadian l’ulfll Rlflvuy Company.) Group II. Bonds and { following Governments, to wit: Argentina, Chile, Cuba, Japan, Egypt, and India, and / bonds or other obligations of dividend-paying British railway companies: e Mgnluh walue not less than $180,000,000 S — . / / or other obligations (either as maker or guarantor) of any or all of the several Commonwehlth of A\uin.lh. Union of South Africa, New Zealand, or approximately $25,000,000 value in 3 ) Total $360,000,000 Pending the arrival and deposit of definite securities as above, the Government is to deposit temporarily with the Trust Company either approved New York Stock Exchange collateral or cash. If the pledged securities depreciate in value, the Government is to deposit additional securities to maintain the 20% margin. ; The Government is to reserve the right from time to time to sell Yor cash any of the pledged securities, the proceeds of sa]e to be ap lied to the retirement of notes by purchaser or by redemption by lot. from eacfl class. v on the retirement of the three-year notes, a proportionate amount of the collateral may be withdrawn approximately ratably The Government also from time to time may make substitutions of Securities, but such substitutions are not to vary the then relative amounts in value of the groups. All substitutions, withdrawals and valuations of securities are to be approved by J. P. Morgan & Co. This offering is made subject to the approval by our Counsel of mcessary formalities. WE OFFER THE ABOVE NOTES FOR SUBSCRIPTION AS FOLLOWS: | . The Three-Year Notes at 99Y; and interest, yzeldmy over 575 per cent. The F ive-Year Notes at 98'; and interest, yielding about 5.85 per cent. Subscription books will be opened at the office of J. P. Morgan & Co., at 10 o’clock A. M., October 31, 1916, and will be closed at 10 o’clock, A. M., November 8, 1916, or earlier, in their discretion. ) THE RIGHT IS RESERVED TO REJECT ANY AND ALL APPLICATIONS, AND ALSQ, IN ANY EVENT, TO AWARD A SMALLER AMOUNT THAN APPLIED FOR. AMOUNTS DUE ON ALLOTMENTS WILL BE PAYABLE AT THE OFFICE OF J. P. MORGAN & CO., IN NEW YORK FUNDS, TO THEIR ORDER, AND THE DATE OF PAYME‘NT WILL BE GIVEN IN THE NOTICES OF ALLOTMENT. FIRST NATIONAL BANK New York City BROWN BROTHERS & CO. KIDDER, PEABODY & CO. KISSEL, KINNICUTT & CO. BANKERS TRUST COMPANY Temporary certificates will be delivered pending the engraving of the definitive notes. J. P. MORGAN & CO. HARRIS TRUST & SAVINGS BANK Chicago J. & W.SELIGMAN & CO. LAZARD FRERES GUARANTY nwsr COMPANY of New York New York City CENTRAL TRUST COMPANY OF ILLINOIS Chicago. CONTINENTAL AND COMMERCIAL TRUST AND SAVINGS BANK, Chicago MARINE NATIONAL BANK Buffalo New York, Octobeg 30, 1916. " FIRST & OLD DETROIT NATIONAL BANK, Detroit NATIONAL CITY COMPANY New York City WM. A. READ & CO. LEE, HIGGINSON & CO. WHITE, WELD & CO. / FARMERS LOAN & TRUST COMPANY New York City HALSEY, STUART & CO. Chicago UNION TRUST COMPANY Pittsburgh -—— LRt