davidaulloa/AmericanStories huggingface dataset:
Omaha daily bee., 1911-05-17
GRAIN AND PRODUCE MARKET
Wheat Opens Strong OF Cables and
Bullish Report.
DOMESTIC NEWS FAvORs BEARS
General Selling on bulge Makes
PrOfits--COrn Trade Feels snre
of Biz Movement Rest of
the month.

OMAHA. May 16. 1911.
Gables were firm and some higher caus-
Ing a strong opening, coupled with oulnsn
Russian reports
All domestic news was very bearish how
ever and selling became general on the
bulge, shorts showing more willingness 70
follow the advantage. The market ruled
weak and lower.
The corn trade feels certain Of big
movement for the balance OF the month
and the now low stocks will be replenished,
as the shipping orders are slack ana there
is a lack OF export business Cash demand
Keeps strong and any letup IN country
offerings would cause a reaction.
Bearish crop estimates by prominent
crop experts started the short selling In
wheat and values were sent lower AGAIN
Call wheat was NC lower.
Corn values were easier on free country
offerings and poor shipping demand. Cash
corn was hc lower.
and shipments were 345 600 bu., against re-
ceipts last year of 200 bu and ship
ments Of 49, 900 bu
Primary corn receipts we're $4,000 bu.
and shipments were $4,000 bu., against re-
ceipts last year of $4,000 bu. and ship
Ciearances were 1900 bu. Of corn. 800 bu.
Of oats, and wheat and flour equal TO SoS,-
900 blu.
Liverpool closed h@4sd higher on wheat
and Nd higher on corn.
The following cash sales were reported:
WHEAT-No. hard: l car, sV&ci car,
eoc; ears ssssc car, Ssl9c No: HARD:
4 ooEt COZ NJ y HdIus 1 NuAf WV NN|1N0N~N'
car, 76c
CoRN-No. white: 2 cars, 5Oc, No. 8
yellow: cars, 49c. No. yellow: l car
4s%c: car. 4sAc No mixed: 2 cars,
Is%c. No. 8 mixed: 10 cars, $40 No.
mixed 5 cars, 4skc: / car, 4sc.
OATS-No. white: 4 cars, a%c. No,
white; 1 car. s15kc. No grade: 1 car. slAc.
Omaha Cash Prices.
WHEAT-No. hard, SehG94c; No. J
hard, s61td9O1hoi No 4 hard. s5bsdsS1zc; re-
jected hard, 75dS4c; No spring, 9OQ951kc;
No. spring; sS098c: No. durum. s6'4SSc;
No. durum, S5466c,
CORNING. white, 493d50c; No. 3 white.
491S149%c; No. 4 white, 49d49ito; No. 3
color, 4s%a4sizc; No. yellow, 4s94skc; No.
3 yellow, 4S%649c; No. 4 yellow 4Shq4S%tc;
NJ ., 4s1b04sc; No. 3. isll@4sAc; No. T.
4T& d4skc.
oATsCNo. Q white, S2assAc standard,
31%@52c; No. 3 white, at@S1%c; No 4
white, 81k9311sc; No. yellow. S0A931kc;
No. I yellow. So49sO%c.
BARLBY-No 8, S7991c; No. 4, 79qs9c;
No. feed 749s7c; rejected, 6eQs4c.
RYB-No. g. s9c9N.o0; No. 3, ssaSsc.
Omaha daily bee., 1911-05-17
Visible supply of Grain.

NEW YORK, May 16-Special cable and
telegraph communications received by
Bradstreet's show the following changes In
available supplies as compared with
previous account:
Wheat, United States, East Rockies de-
creased SIS, 900 bu. Canada, decreased
10000 bu. total, United states and
Canada decreased /. 74s 600 bu. Afloat for
and in Europe, decreased 100000 bu. Total
American and European supplies decreased
6s4S, 900 bu. Corn. United States and
Canada, decreased 1.22lO0o bu. Oats,
United states and Canada decreased L.
697, 900.
The leading decreases this week: Mani
toba 10000 bu.; Chicago private elevators,
$4,000 bu.; Milwaukee private elevators,
10000 bu., Goderich 5000 bu.; Fort
Worth, $1,000
Omaha daily bee., 1911-05-17
REAL ESTATE LOANS

OMAHA property and Nebraska landa
O'KEEFE REAL ESTATR CO,
i0ls New omah2 National Bank B0ildins
oARvIN BROS. Sd floor n. Y. Lie. S5sO
- sle90oo on Improved property. No delay.
Omaha daily bee., 1911-05-17
Kan.n. city Tive stock Market.

KANSAS CITY, May l6.-CATTLE-Re-
ceipts, 1l.00 head, including 900 southerns
Market weak to loc lower; top, $50;
dressed beer and export steers, S. 6SQ6. 10;
fair TO good. $5.OO636.60, western steers,
81 1900 So, stockers and feeders. 81 1905. 10 .
southern steers, s. 2565. 60; southern cows,
8.00a460; native cows, S30Oa5. .: native
heifers, A75QS.gO; bulls S.o0a5 10; calves
S450q7 20.
HoGS-Receipts. 1900 head. Market
steady; bulk OF sales at s5.O5a615; heavy.
SO60G II; packers and butchers S606d6 20;
lights, S606dR30
SHEEP AND LAMBS Receipts. 500
head Market 10d15c higher. lambs g. 00d
$50, yearlings. 81 SOS 10; wethers "a 25p
$50; ewes SS0d4.2 Is, stookers and feeders
Omaha daily bee., 1911-05-17
81. Louis General Market.

ST. LOUIS. Mo. May 1s.-wHEAT--Cash,
firm; track No. red, 90996ci No hard,
s4cq$lOl. Futures, lower: May, sSaIc; July,
S5lRc September, S5sAc.
CORN-Cash, weak; track No. 2, 54GI641Sc
No. white, 41ac Futures, lower July,
6l5te; September. 6S4e, , NJ oDa
S3c; No. white, Sl1c. Futures lower;
July, 36c: September, S6zc
FLOUR-Steady; red winter patents, "a. 70
d47O; extra fancy and straight, $1,000 lOi
hard winter clears $2.60da15,
SEEDS-Timothy, S5.00Q950.
CORNMEAL~$250
BRAN-W eak; sacked, east track, 1900
HAY-ouiet; timothy sls.OO0n.5o prairie,
tl3. O0al5.6O.
PROVISIONS-Pork, lower; jobbing.
1850. Lard, lower; prime steam. 1850
f.s5. Dry salt meats, unchanged; boxeo
extra shorts, s4tc; clear ribs S9tc; short
clears, sac. Bacon. unchanged; boxed
extra shorts, csc; clear ribs, S4sc; short
clears, sac.
POULTRY-FIrm; chickens, 1sc; springs.
2Od25c; turkeys l2ql5c; ducks, nhc;
geese. &c.
BUTTER-Unchanged; creamery, l6a2lc.
EGG%IoW lac.
Omaha daily bee., 1911-05-17
Carrot ReceiDts.
CHICAGO GRAIN AND PROVISIONS
Features of the Trading and Closing
Prices on Board of Trade.


CHICAGO, Msy 16.-wheat prices sank
under free selling In the last half OF the
session today. The decline was coincident
with talk by prominent operator that
crop prospects in this country could
hardly be better and that a fall of 10c a
bushel from present values might easily
take place Closing figures were the same
as last night to &c down. Final trades
left corn NC off to q shade up, oats unal-
tered to h9kc higher and hog products
10000 lower
According to the bear argument, II the
present wheat prospects were harvested a
decided fall in quotations could hardly be
escaped. The idea was advanced that II
the growing crop in France should prove
an average yield the result would be
10o,000.000 bushels less demand on other
countries. During the early part of the
STA was insufficient and European stocks
reached a total mach less than expected.
Local shippers Overloaded themselves on
this Information and were subsequently
forced to let go at a loss. Price changes
for July ranged from ssk9Ssssc to S9%c,
Increasing country sales gave an easy
tone to corn. July fuctuated between
62lsc and 63%c, closing exactly the same as
last night. at Sac Cash was steady for
good grades, but low kinds were weak
No 2 yellow finished at Sd64%c.
Dry weather In Iowa and Illinois led to
a bulge in oats. and low figures for July
were 33EsGS37Ac and S3ssc, with the close
SS1Ac, no different whatever from twenty
four hours before
considerable holdings received the credit
for cheaper provisions. In the end pork
was zoe lower and other products l0q121ac.
Prices in Chicago, furnished by the Up
dixie Grain company, Telephone Douglas
247S. 7Os Brandeis building, Omaha:
Omaha daily bee., 1911-05-17
st. Loui. Live stock Market.

ST. LOUIS, No. May 16.-CATTLE-Re,
ceipts, 1000 head, including so Texans;
market, strong; native shipping and export
steers S.75q6O; dressed beef and butcher
steers Sl0d6 30. steers under 1000 pounds,
S.5Od65; stockers and feeders. s3O0d5. 30,
cows ana heifers SSbQn6c g; Gamers 50 OO9B
3 Is; bulls 50 $1,000. calves, S5O0d7.O
Texas and Indian steers, N50d650; cows
and heifers. So 5Oa5.50.
HOGS-Receipts, 120O0 head; market,
steady; pigs and lights. S5.5Oq6 40; packers,
$l0a6N; butchers and best heavy. S. 2O8
SHEEP AND LAMBS-Receipts 8 100
head; market, steady; native muttons So 10
q450; lambs, S,75d6.50. culls and bucks,
$3.00d35O; stockers, $aO0a3.5O.
Omaha daily bee., 1911-05-17

FOR Satisfaction good, raw land: all
fenced: good flowing we'll; miles from
Plankington, S. ID. For particulars, write
J. E. O'Malley, Philip, s. D.
Omaha daily bee., 1911-05-17
Stnck I'm sirht-
New York MoneY Mnrket.

NEW YORK, May 16-MONEY-On call,
steady at 2lAdHs per cent; ruling rate
2A per cent; closing bid, per cent; offered
at Pa per cent. Time loans, hrmer; sixty
days, 2l7d234 per cent; ninety DAYS, 2%63
per cent six months, 3G3A per cent.
PRIME MERCANTILE PAPER-S1b14
per cent.
STERLING ExCHANGE-Easy with
actual business in bankers bills at 81 $40
for sixty-day bills and at As625Q4s690 for
demhno; commercial bills 81 S344.
S1LVER-Bar, 5S1kc; Mexican dollars,
45c.
BONDS-Government steady; railroad.
strong.
Closing quotations on bonds today were
follows.
Omaha daily bee., 1911-05-17
minimum temperature Tor twelve-hour
period ending at a. m.
DISTRICT AVERAGES.

Showers were general in the upper Missis-
sppi and Missouri valleys during the last
twenty-four hours and continue IN the
lake region thus morning. A fall OF one
inch occurred at HalsJad, MINI. Inc
weather is warmer IN the eastern and
southern portions of the corn and wheat
region, but is somewhat cooler in the Da-
kotas. l.. A WELSH
Local Forecaster, Weather Bureau.
Omaha daily bee., 1911-05-17
Kansas city Grain and Provi.Ions.

KANSAS CITY. May Is.-wHEAT-
Steady; No. 2 hard, sOq9i1ac; No. 8, $50
95c: No 2 red sOa92c: No g. ssQ9c Flu
lures; May, sS1sc bid July, SS9Sc bid; Sep
CORN-Steady to nc higher; No mixed,
52a52zc; NON. g. 5l1xQ5l%o; No. white
521Rc; No. g. 5ll16i52c. Futures: July
5Ol1 a5Ostc, sellers; September, $40 bid.
OATS-Unchanged TO nc higher; No. 2
white, S31z435c; No. mixed, S11aQ31%c.
RYE-95cQS1.00.
HAY-Steady; choice timothy, 3l65O9
100; choice prairie, S12. 25d13.0o.
BUTTBR-Creamery 20c; firsts, lie; sec
onds. 15c; packing stock, 121zc.
EGGS-Extras 10; firsrs, l51fc; seconds,
Omaha daily bee., 1911-05-17
wyoming.

$40 acres choice Texas Panhandle land
viii trade for smaller eastern Neb, farm
69l Brandeis Bldg, Omaha.
Omaha daily bee., 1911-05-17
FOR SALE OR EXCHANGE

FOR SALE OR EXCHANGE
WE exchange properties OF merit H. H.
Culver. Sl2-ls o. N B. Bldg. ID. 1854
FOR reliable sales ard exchanges. see
ID. NJ. LEANING, HSS Brandeis Bldg.
FOR SALE OR EXCHANGING have
at Saratoga, Wyo.. mile from town, 1, 600
acres in body, with three sets OF build
tngs. horses. cattle and farm tools; 1000
acres Of IL irrigated with an abundant sup
ply OF water; very rich. productive soil.
which can be had now at SO per acre In
exchange for merchandise or clear income
property or cash. Address Box r. Fred
FOR SALE or trade for general stock of
dry goods, 80 acres improved land near
David city. Price 500 per acre Box IA
David City, Neb
500 ACRES clear Kansas land for good
stock OF general merchandise; will trade
all or part price u6o0 per acre J. u
Barbour, owner. Chester. g ID.
BROOM hotel. with three lots; we'll To-
Gated. In western Nebraska town; also one
story frame store building a0050; will sell
cheap or exchange for small clear prop
erty Roach, blb Paxton Douglas 1907
CORNER business lot, t25oo clear. Want
cottage worth $500 TO $500 SOS Omaha
National Bank Bldg.
Omaha daily bee., 1911-05-17

Texas. home Of the paper shell pecan We
can buy land for you or invest money, :
per cent net 70 you secured by mortgage on
these lands Correspondence solicited
kefer 20 First Natl bank. San Saba Natl
bank, Ward. Murray q Co., and the mem
bers In congress- from Texas Kelley
Burleson Co. San Saba, Tex
Omaha daily bee., 1911-05-17
PhilnaeIphi. Proauce Msrk.t.

PHILADELPHIA, May i6-BUTTER-
b. prints, 4c
ECSGS-Weak; l5c per case lower
Pennsylvania and other nearby first, free
cases. 5.25 per case; current receipts, free
cases S495; western first. free cases, S.25;
current receipts free cases, Ne5
CHEESE-F1rm; New York fun creams,
fancy, September, lSql51kci rair TO good
12Q12ikc-
Omaha daily bee., 1911-05-17

No. 2 Manitoba. not quoted; No. ; Mani
tobe IS Sd Futures. firm: May. Sc lad:
July, SIS md: October. Sc Cd
CORN-Spot, new. American mixeo
nominal; old. American, mixed, quiet at s.
Cd; new, American, kiln dried. steady at
IS Id. Futures. steady; July, 4s rad; Sep
tember Is cad
Omaha daily bee., 1911-05-17
CHICAGO LIVE STOCK MARKET
Demand for cattle SIow---HOEs Veal
sheen steady.

CHICAGO. May s-CATTLE-Reoe
20n head. Market slow. Beeves, SOOg
6.i5; Texas steers, S4.e0d6. 65. western steers,
SiSoGS 50; stockers and feeders, So Goa 3. 20.
cows and heifers 50 zoos. so: calves. 81 500
SIS
weak TO sc lower, light g 0OaS %. mixed,
81 0o0S.S2 heavy. SSsO6s ~; rough, s. 500
5B5, good TO choice heavy, s. s5dS.20, pigs,
S5.Nd6S5 bulk OF sales s. iOQ6S0.
SHEEP AND LiAMBS-Receipts, 1900
head Market steady Native SS.Ood4 g.,
western, &50d4.6i; yearlings. 81 60Ii6 30.
S.65d765.
Omaha daily bee., 1911-05-17
Articles. open, High. p. Low, Close Yes'y
Coffee Market.

Coffee Market.
NEW YORK, May R-COFFEE-F4k
lures closed steady at a net advance OF
6alI points sales 1880 bags. May, lO65c
June, 1860; July. lO54c. August 10 4Oc T;
September. l0s9c October, 10 lOc; November
l006c; December, January ana February
1880; March and April. 100 Spot,
steady; No. Z Rio. NE No. 4 santos. pa
Mid, quiet; Cordova, 1Sd15c, nominal.
Omaha Hay Market.
OMAHA. May l6-No. l. XlOO: No
SO 10; packing 800; alfalfa ti3 % Straw:
Wheat. $50; rye, $3.50 oats ZOO.
Oils and ROsin.
, SAVANNAH. May ls-TURPENTINB
quiet a. CSC.
RosIE-Firm: type +. 17@. c. ia
Omaha daily bee., 1911-05-17
PeOria Market.

PEORIA. May 6-CORN-steady: No q
white 6Slkc: No yellow. BS1Ac; No. yell
low, bsAc; No. mixed 5s1tc; No. 4 mixed
511Ac; sample, 45o.
oATS-Unchanged: No 2 white, s4l<e;
standard sc; No . white, S3Aei No
white SSAo
Omaha daily bee., 1911-05-17
st. Joseph Live stock Market.

ST. JOSEPH, MAY 16--CATTLE-Re-
85odS.o5; cows and beifsTs' q 5s 1850
calves, SS5O6D7.0o.
HOGS-Receipts $500 head Market
steady; top, $500; bulk of sales $605de15
SHEEP AND LAMBS-R Receipts. $500
head. Market steady lambs. S45Od615
Omaha daily bee., 1911-05-17
Dates. 1911. uslo. 1899 1906. 1907 1906 1895.
SUNDAY

Receipts and disposition OF live stock at
the Union Stock Yards, South Omaha, Neb ,
for twenty-four hours ending at D. m
yesterday:
Omaha daily bee., 1911-05-17
Nov York Curb Mnrl,et.
Metal Market.

NEW YORK, May l6-METAI.s-stand-
ara copper quiet. Spot: May July and
august, sll&qu.e5; London firm spot,
SoS Los; futures. s54 rs Sd. Arrivals re-
custom house returns show exports of
iS:5Ss tons so far this month. Lake copper,
~ 2otalZ ia; electrolytc &l2 00Q12 25; cast
ing, snbnll.S71z. Tin firm but quiet;
spot, ~, 65Q4S. 90; May, &42 76q43OO; June,
t42 7oQ4S0O; July. s4235q486O; August,
s4l 5OqA. 70. London firm; spot, e97 los;
futures, el90 los. Lead quiet at $L4OG
$50 New York and 81. 9Oa42 % East ST. Louis
London, 9iS Is Sd. Speter steady at
Sb-SSabD New York and S.20d6B East ST
Louis. London, eA los. Anthony dull;
Cookson's t9.0Oq9.50. Iron-Cleveland war
rants. 45s Sd In London. Locally iron was
quiet; No. ! foundry northern, No. / foun-
soft, sl6,25ql575; No. 2 foundry northern,
Slb OoGl5.5O.
ST. LOUIS. May iS-METALs-Lead
Omaha daily bee., 1911-05-17
Minneapolis Grain Market.

MINNEAPOLIS. May 16-wHEAT-May,
&c: July, 975tc September, s1ssde1hc; De-
cember, slkc, Cash: No. l hard, 800 I;
No. l northern, ssssdS97sc; No northern,
S5asG9s2sc; No. wheat, 93ss q969Sc.
SEED-Flax closed at S257lA.
BARLEY-6Od soc.
CORNING. 9 yellow. 52lzd53c.
OATS-kS 2 white, a2d331zc.
RYE-No. 2 81 0Odi.O2
BRAN-S21 50d22O0
FLOUR-F1Tst patents A6od4S0; second
patents s. 5Od4SO; first clears, 81 30d3 65
second clears. Sz2Od2 s..
Omaha daily bee., 1911-05-17

sILYkR-bar, steady al "a 11-l6d per Or
MONEY-lh41h per cent
The rate OF discount in the open market
for short and three months bills is 2h8
3-l6 per cent
Omaha daily bee., 1911-05-17

NEW YORK, May l6.-COTTON-Spot
closed quiet at Is points higher; middling
upisnds 5s5c; middling gulf. 1890. Sales.
100 bales.
ST. LOUIS. Mo, May l6.-COTTON-Un.
changed; middling, b-sc; sales, none; re-
ceipts, LIP bales; shipments, 1882 balesi
stock, 1882 bales
New York cotton market, as furnished
by Logan g. Bryan members Of New York
Cotton exchange, 3l5 South Sixteenth street:
Omaha daily bee., 1911-05-17
New York Mining stocks.
NEW YORK. May l6-Closing quotations
Bank Clearinks.

OMAHA, May l6.-Bank clearinEs for to-
day were t2,765. 33A06 and for the CORE
spending date last year t2,6Ss s637L
Omaha daily bee., 1911-05-17
GOVERNMENT NOTICES

DEPARTMENT OF THE INTERIOR,
office OF indian Affairs. Washington.
ing District No. 8 Grow Reservation,
Montana. for the grasing Of sheep. either
under lease or by permit will be re-
ceived at the office OF the commissioner OF
Indian affairs. Washington, ID. c., until
o'clock p. m, on Monday. June & 1911, and
will be Immediately thereafter opened In
the presence OF such bidders as may at
tend4 All necessary information may be
obtained on application to the supsrin-
tendent OF the Grow Indian school Crow
Agency. Montana c. y. HAuks. second
Assistant Commissioner. AldlSt.
FORT ROBINSON. NEB.. MAY II. isii.
Sealed proposals. In triplicats, will Be
received here until Y noon, May 81 1911 ana
then publicly opened tot furnishing labor
and material Tor construction concerts
sidewalks. Information furnished on Ap-
plication. Envelopes containing proposals
70 be Endorsed Proposals for sidewalkS %
and addressed 20 ouArtsrmasteF.
AlSd6t
Omaha daily bee., 1911-05-17

Liverpool Grain Market.
LIVERPOOL, Nav 16-WHEAT-Spot
easy No. 2 red. western winter, no stock.
Omaha daily bee., 1911-05-17
REAL ESTATE
FARM AND RANCH LAND ron SALE
NeBraska-Continued.
Nebraska-Continue
45-Bushel Wheat
Land for SIT an Acre
, Buy Land Where
1t Rains

We own and control over 1000 acres of
Cheyenne county tNebraskaJ choicest farm
lands now on the market. The best crop
producing country in the state for twelve
ears. Alfalfa is a leading crop. Write
today for our free literature. Live agents
wanted everywhere.
FUNDINGSLAND INVESTMENT COM
PANY, SIDNEY, NEB.
Omaha daily bee., 1911-05-17
STEAMSHIPS

ALLAN LINE
Picturesque St. Lawrence Route
weekly Sailings from
MONTREAL TO LIVERPOOL, GLASGOW
MONTREAL TO LONDON, Havre France
Fortnightly from
PHILADELPHIA and Boston to GlaSgoW
Splendid scenery. shortest passage low
rates.
ANY local agent or
ALLAN q CO.. General AgentA
LET N. Dearborn St., Chicago.
Omaha daily bee., 1911-05-17
REAL ESTATE WANTED

WHAT AN IOWA FARMER WANTS
Have you anything to offer the farmer
OF Iowa7 Any cheap land for higher priced;
o general merchandise store for land OF
any kind OF an exchanged Or have you
some land you want to sell for cash7 The
one paper that reaches the Iowa farmer
Is the Des Molnes Capital; 1900 circulation
daily; rate single insertion. l cent q word;
six Insertions. cents q word. Des Moines
Daily Capital. Des Moines. L.
DALZELLS ice cream tastes like more
II J. c. Bash, 906 Hickory street, will
bring this ad to The Bee office within
three days we will give him a quart of this
fine Ice cream free.
Omaha daily bee., 1911-05-17
Local Aerurltien.

Quotations furnished by Burns, Brinker
4 Co. 40 New Omaha National bank
building:
Omaha daily bee., 1911-05-17

VISIT OREGON AT OR EXPENSE.
Don't forget our private car leaves
Omaha June direct to our fruit lands.
Free round trip to our prospective buyers.
only a few reservations left Cali for de-
tails at once Santiam Fruit Colony, b2e
Bee Bldg.
Omaha daily bee., 1911-05-17
south Carolina

LANDS-S5O0 per acre made growing f1RS
for preserves on the Islands. Orchards on
easy monthly payments. Sea Island Orchard
Company, Charleston, ). c.
Omaha daily bee., 1911-05-17
Texas.
THE NINE on 4
TEXAS INVEsTMENTs.

Buy orchard and garden lands near
Houston, the greatest and most prosper
are going up all the time and fortunes
made in real estate in short while. Easy
terms II desired. Address r. c. Robert
Ne4a, Tea, and lO-scre farm in the Rio
Grande valley. where the farmers cash in
come is as perpetual as the days that come
and go s. II. jackson, 706 First National
Bank Bldg Houston. Tex
Omaha daily bee., 1911-05-17

SAN SABA VALLEY. the garden spot Of
Texas, home OF the paper shell pecan. We
can buy land for you or invest money, y
per cent net TO YOU secured by mortgage on
these lands Correspondence solicited
Refer TO First Natl bank, San saba Natl
bank. Ward, Murray q Co., and the mem
bers in congress from Texas. Kelley
Burleson Co.. San Saba, Tex
Omaha daily bee., 1911-05-17

l60 ACRES IN DEUEL. CO., g. d.
Close to the Minnesota line; heavy black
soil; clay subsoil; lies very level and all
under cultivation. Must be sold within g
days to close an estate. Half OF this years
crop goes with the price. SIS per acre;
easy terms; 5000 will handle It and II e
q snap No gravel, no stones, no foul weeds.
Address W. r. MCGEE. Lake Preston, g. D.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1911-06-18
CAPITAL STOCK
NOW 100000
PENSACOLA HOME AND SAVINGS
ASSOCIATION INCREASES ITS
CAPITAL AND SHOWS LARGE
PRoFITs-REcoRD A FINE ONE.

At a meeting Of the board of direc-
tors of the Pensacola Home & Savings
Association, held Saturday afternoon,
1t was decided to increase the capital
stock to 100000. This will make this
we'll known association the largest in
corporated building and loan associa-
tion in the state of Florida.
This association was organized in
1889 and its capital stock was $780,
900. Since then 1t has been necessary
to. increase it's stock three times to
take care of its stockholders The last
increase was to the limit allowed by
law; this limit was reached during the
six months ending Nov. 30th, 1910,
since which time the association has
not been able to issue any stock and as
q result asked the last legislature to
pass an act permitting building and
loan associations to increase their cap
ital stock. This law was passed and
approved and now the Pensacola Home
& Savings Association has increased
its stock to the limit allowed and will
be able from now on to take care OF
all business offered 1t.
The record of this association has
been remarkable and today it's deposits
amount to $27S, S62.59 and it's surplus
29,68237. Earnings for the past six
months amounted to $13,531.93, and
from this handsome dividend Of per
cent for the six months was declared
This dividend is compounded every six
months and is credited on the pass
book of each depositor so that he can
see just exactly what same is.
In addition to the regular stock they
issue certificates of paid-up stock fol-
even sums of 500 and on this stock
pay a dividend of 6 per cent per an
mum, payable semi annually, in cash
or at time of withdrawal.
The secret of their success is in the
fact that the expenses of manag ing the
association are small, being less thar
10 per cent of it's gross earnings. Tho
American Audit Company, In their re-
port to the board of directors, had the
following to say:
I'm making the examination Of your
association, we were impressed by the
conservatism generally displayed in it:
management"
The dividends paid stockholderE
since organization amount to more
than $265,000. The books and report!
are audited every six months and the
individual stockholders are credited
with their dividends and the working:
are made plain so that depositors cal
see just exactly the value of their &C
count.