Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1907-11-17
Grain Sells for More Than Last
Years Figures,
FINE STOCK HOLDS UP WELL
Recent Sales Prove the Farmer
Sound Financially.
ENTIRE WEST FEELS THE UPL1FT
While wall street stocks Are TunIb
ling Farmers and stock Raiscrs
Are Getting Higher Prices
for Evervthins,

That real and genuine prosperity abides
In the west is best shown by the COM
Sarison Of values in the stock market OF
Wall street, with prices in the grain mar
kets OF the west. Nearly all railroad IN
dustrial and mining stocks listed on tho
New York exchange have declined 80 per
cont in value since January /. one year
ago United States steel common was sell
ing at Al, today II Is quoted at q. At that
time ST. Paul railroad stock was worth
1S3, or elghty-four points above par; Il ls
now finding a slow sale at 81. Missouri
Pacific has dropped from % to "a, ana
Union Pacific common from 1S4 to lO7. TniB
last named stock touched par last week.
Reading railroad stock has dropped from
l4e to a. New York Central from lbs to %.
Pennsylvania Railroad from 1S9 to iQs.
American Smeulting and Refining stock.
supposed to be one of the best buys in
the market one year ago. has dropped
from 156 to 49,
In the Corn Belt.
over against this record Of loss and
disaster is the bright contrast in the prices
for all kinds of agricultural products. The
farmers of the corn belt and OF the cotton
fields in the south hold the prosperity OF
the country in their hands They are sup
plyluB lne wheat COIut OdNbt COlNOn ana
live stock that is turning the tide Of gold
from European money centers to this
country. For am average crop OF grain our
farmers are receiving from 10 to 20 per
cent more than average prices,
One year ago cash wheat in Chicago was
quoted at IS cents. cash corn at 4s cents,
and oats at 80 cents Today. after the
slump In prices, caused by the furry in
Wall street. cash wheat In Chicago is worth
IS cents. or 20 cents per bushel more than
last year, when our prosperity was at high
tide. Cash corn in Chicago is today worth
IS cents per bushel and oats are quoted at
20 cents. Corn, wheat and oats are worth
more on the farm today than in Chicago
one year ago. Grain Is worth almost as
much as before the panic In Wall street.
When the price OF grain dropped from its
high point three weeks ago, the farmers
of Nebraska and other western states quit
selling They didn't need the money. and
they knew the price would come back.
Pure Bred Live stock.
Another indication of the prosperity OF
western farmers, is found in the prices
now being paid for all kinds of pure bred
live stock. Public sales Of horses, cattle
and hogs have been as good or better than
last year. George Briggs & Son. OF Clay
Center, Neb.. held a public sale of pure
bred Duroc-Jersey hogs on November g.
A yearling SOW sold for $500 and a 6-month's
old pig brought $405 Twenty-nlne head
brought S4,5s7.5e, or an average OF $15S,9o
each. The Flynn Farm company, OF Des
Moines, Ia, held a public sale OF Short
horn cattle on November I, and realized
$19, 400 on forty-seven head, an average OF
$ss5l0 each. On November N. A. Lind. OF
Rolfe, Ia, sold fifty-six head Of Shorthorn
Al go R~A
age OF $2S466 The buyers at these sales
wero farmers from Iowa, Illinois Ne
braska, Missouri. Minnesota and Michigan,
Kansas and Missouri farmers have been
liberal buyers OF pure bred stock at re-
cent public sales
william Wingate Of Trenton, Mo-, paid
$50 for a Poland-China hog TO head his
herd, and about the same time T. NJ
Chambers OF Oswego Kan, attended a
public sale OF Poland China hogs at the
Goodrich stock farm, Dldon. Mo, and paid
S 125 for one hog the record price OF that
breed. on June 49, 1906. Howell Rees Of
Pilger. Neb,, paid $500 for Choice Goods,
a noted shorthorn bull. At the recent
American Royal Live Stock show In Kan
sas City, a bull calf, sired by Choice
Goods. won the championship. It Is re-
ported that Mr.. Rees has since refused
,le,oOO for his calf.
Western Farmers Have Money.
These fancy prices for individual animals
Are exceptional, but hundreds Of public
sales have been held in the west since
The panic began and in nearly every in
stance good prices have prevailed.
That western farmers have confidence in
their own resources is indicated by the ad-
columns Of leading farm papers
One such publication has already claimed
iates for 2O6 public sales OF live stock.
most of them to be held within the next
ninety days. This does not seem TO spell
lanic or hard times among the farmers
NJ Ihn NNasi