J
8
THE DAILY NEBRASKAN
. v- .how of Und I nv
The BOW w. H. BROWNE
cT'h Lincoln High cbool
"THE
QUARTERBACK"
With Richard Dix
STACK AND MUSICAL
SPECIALTIES
"PRIVATE IZZY
MURPHY"
A ..dr lar' lrUh
Woe. stf Act
New . - orntal
Itajpia -
IBBI
Thurt.i rH. St.
"THE RAT"
wlvh
IVOR NOVEIXO, MAE MARSH,
and ISABEL JEANS
"Too Much Sleep"
A ntw comedy
alio
"A DIPPY TAR"
Comedy
SHOWS AT 1. 3, B, 7, 0.
MAT 15e NITE 25c
rV"OTtC
ALL THIS WEEK
WELCOME "OLD CRAPS"
You'll Enoy Thl R.mrkabl ana
Unusual Romance
JETTA GOUDAL
In Her Latest Succ
"Her Man O'War"
Something Dlfforont With
WILLIAM BOYD
. wo
"If Kn"
Twenty Minute o Lauth .
Al.o N.wa and Topical Plcturaa
ON THE STAGE
Chicago's Popular Radio ArtUU
FRANK and CHICK EVANS
Colleglat BaaJoUt
Stanley' Lyric Orchtra
Mrs. May M. Mllla, Orgsnlst
SHOWS AT 1. 3, 5, 7, .
MAT. 20c NITE 30c CHILD. 10c
Holiday Matin Night Prlc
WELCOME "OLD CRADS"
ALL THIS WEEK
We are offering an xcUnt blU of
creen and hifh-claa -audevlll n-
tcrte Inment.
Mid-Night Lovers"
A Delightful Romance with
LEWIS STONE and
ANNA Q. NILSSON
Alio Newt and Comedy Plctw
6M The STAGE "
The Popular Orpheum Circuit Acta
Demeaux & Hamil
ton Revue
An Artittle Mutlcal Offering with
CRE1GHTON and HONOR
DAVE KAYE and DEAN BROS.
Lew Fitzgibbon .
"The XylopnonoAco"
BEAVER ANiTHlS MERRY
MUSIC MASTlbS
S DELUXE SHOWS DAILY S
At 2:30, 7:00, 0:00 P. M.
MAT. 35c NITE BOc CHILD. 10c
Holiday and Saturday Matinee
Nit Price
MID-NITE MATINEE
and
HOME COMING FROLIC
Friday .Nit at 11:30
Bif Vaudeville and Mu.lc Bill
Seat Reserved 50e
-rOr u- . nMwnAai
iTM EVttYBODY iOts
THURS. FRIj SAT.
Paul Brothers
Stntational High Parch Act
Sid Styne
A Smllt, A Laugh, A Scraam
Pertonality Personified
Herbert E. Denton & Co.
u
The Split Second Comedy of
Vaudeville
"POUGHKEEPSIE
Jed Harvey, A traveling man
H. E. Dto
Mail Harvey, Hit wile
.. Florte CUment
Time : Present.
Place: Living RTJom, Harvey'
Yonker, N. Y.
. Jack Harry
DeBell&Vine
"AW I HARRY"
Gordon Kibbler's
"Mutlcal Maldt"
SHOWS AT :30, 7:00, :O0
Babich and the Orchestra
Holiday and Saturday Matin
Nit Price
Kirschman Speaks on
Bond Price Changes
(Continued from Fag One.)
that change in interest rate is the
moat fundamental cause of general
bond price movements. "That interest
rates and the prices of bonds of long
maturity show movements in the op
posite direction is as certain as is the
science of mathematics itself," he
said. "As interest yields go up, prices
of necessity must go down unless the
laws of division and .multiplication
are false. Bond prices are but the
reverse of interest rates. The interest
rate is therefore never a cause of
bond price movements, but rather a
result of these movements."
In explaining the Influence of com
modity prices on bond price move
ments, Dr. Kirschman said, "With
advancing commodity prices, larger
amounts of current savings are neces
sary for business expansion and oper
ations. This withdraws from the in
vestment market funds, lessens the
demand for bonds, and causes a drop
in their price. The opposite move
ments of commodity prices for re
verse reasons, cause an advance in
bond prices."
Influence) on Financial Market
"The second great influence on
bond prices," he said, "is to be sought
in the forces that influence the flnan
cial markets, aside from commodity
price movements. These have to do
with the relative rate at which new
bonds are coming onto the market,
which will always sag under heavy of
ferings and advance when offerings
are light."
He then went on to explain, "When
the stock market is booming, bonds
are unpopular and tend to sag, and
when confidence has been replaced
by gloom the bond market picks up.
No small influence in the advance in
bond prices since 1920 has been the
operations of the government in col
lecting taxes and paying off its debt.
This is a process of enforced saving
through taxation and pumping the
funds into the bond market through
payment of outstanding obligations."
Banking Operation ara Factors
Operations of banking institutions
was given as the third cause of bond
price movement by Dr. Kirschman
who went on to dispel the statement
that bank interest rates control or
forecast bond prices. "There is ap
parently no connection between long
time bond prices and interest rates,"
he declared. "Let us look at the cycli
cal swings of business with corres
ponding swings in bank interest
rates. Here we find, not that bank
interest rates influence bond prices,
but that both interest rates and bond
prices are influenced by common
cause. With the upswing of business
not only are investment funds
drained off the market but banks
make an effort to furnish business
with funds through the expansion of
their loans and the sale of bonds.
Thus there is created a dearth of de
mand from two sources and a dump
ing of bonds on the market resulting
in a fall in prices. The opposite ten
dencies are shown in the period of
depression."
Much the same tendencies are ap
parent in seasonal swings in bond
prices, Dr. Kirschman explained, as
he concluded his address. "Banks in
the fall, in an effort to supply busi
ness with accomodations, call liberty
bonds and prime railroad bonds, and
a noticeable sag in the prices of these
securities is visible in these months,"
he said. "Later on the banks repur
chase the bonds and prices stiffen.
This is true of only those classes of
bonds, however. The prices of bonds
not dealt in by the banks do not show
these seasonal movements."
Your Barber
would sure
like to see
you today
It's Saturday tomorrow
The Mogul Barbers
127 No. 12 St.
If you enjoy good food
and good music, make
THE NEW
DELAVAN CAFE
Your Headquarters
Special 35c Luncheons
Club Breakfasts
Mrs. L. A. Massey
. 1439 O St.
Welcome
Alumni
SEE OUR OFFICIAL
MOTHER
SISTER
PIN FOR ALL FRATER
NITIES & SORORITIES
HALLETT
University Jeweler
Eat. 1871 117-119 Sol2
YOU "AUTO"
SEE THIS!
So's Your Old Man
a D.nmiiil Picture
s.1 WITH
W. C. FIELDS
BIG JOY PROGRAM
RIALTO
i THIS
WEEK
Show ta of Largest in U. S.
This Is considered one of the larg
est livestock expositions in the United
States and is passed in size only by
the International Livestock Exposi
tion that is held in Chicago later in
the winter.
The team is composed of the fol
lowing men which were picked after
very careful consideration: Ross Mil
ler, Donald Ray, Frank Rcece, Ed
Crowley, Clay Westcott, and Irving
McKinlcy. The competition for this
team was very keen. Eight men tried
for the team, while only six were al
lowed to take the trip.
Undergraduate students comprised
three-fifths of the enrollment in the
summer session of the University of
Wisconsin last year.
Eleven students in the Course in
Journalism, University of Wisconsin,
last spring edited one issue of each of
three Wisconsin weekly newspapers.
JUDGING TEAM
IS IN CONTEST
Senior Students Leave for
Royal American Show
In Kansas City
The Senior Fat Stock Judging
Team left Thursday evening via the
Missouri Pacific for Kansas City
where they will compete in the Royal
American Livestock Show of that
place against the leading Agricultural
College teams of the middle and ex
treme western part of the United
States.
Friday, the team will accompany
other teams on a tour of the large
livestock farms that are found near
Kansas City. Among the largest of
these farms are the Columbia Stock
Farm, Long View Farms, Turner
Land and Cattle Company farms, and
the Sni-A-Bar ranch.
f?cx vv
'y yw"""l
WELCOME
GRADSII (
VARSITY CLEANERS
Roy Wythar, Mgr.
B3367
316 No. 12 St.
DANCING
CLASS
Every Tuesday and Fri
day 8 p. m. 6 lessons
$3.00. Two hours prac
tice free. Open daily for
private lessons.
Franzmathes
Academy
1018 N
Christmas
Cards
See Them At
GRAVES
12 St South of Temple
-A
l k , ..-.?w
fa v v. r VV 1
'fill
GET A
a '.'' a- -..jk a. ,
QGEE
DIAMOND AT
Harris-Goar's Now
f3t"
De Luxe Transportation
The Omaha Lincoln & Beatrice Railway Company, (INTER
URBAN), has established a MOTOR COACH SERVICE of the highest
class, with coaches of the very latest pattern, balloon-tired wheels, air
cushion seats and every convenience for the comfort of its patrons.
Coaches every half-hour between 12th and R Street, and Univer
sity Place, via State Agri'l. College. Ten minutes running time between
the down-town campus and the Agri'l College.
FARE: Ten cents or three tickets for twenty-five cents.
WATCH FOR THE GREEN COACH
'A Brilliant WIUt Genulnn Diamond
I In neweet lXk Solid White Gold
MoDntlnff Ham6 an we oho la $100
diamond ringed FKI015 with watch
'ehown below, with an allowance of
1(12. SO (or thl diamond If Too wlali
to exchange wni in purcnawng;
larger atone.
Women's 17 Jewel
Solid White Gold
14K Watch
A Moat Beautiful Watch.
New, dainty
hapea.
Accuracy
guaranteed.
Made to retail
np to $45.00. Diamond
King FREE with till
watch at only...
$35.00
Men's Thin Model
17 JEWEL
The elehratd Doeber-Hampden
wm MfKlntov arade)
wltn 8 adjustments. Com
plete In 20-year caee. A
raw value I
e3&
GUARANTEED
low price on vhhj
!2450
Think of It! A standard watch at
n ridiculously low price, on easy
term, and our gin
to yon of tin
In Diamond
a dandy gift
anyone s
TOILET SETS
BLUE SEA PEARL
on Amber
(rrWNrNGtT BKATJTIFITT. IS
PIKCE 8KT. Suoerb Quality. Won
derful gifts for now or Holidays.
Meet AtiracuTeiy
packed In rich, aatua
imed bozea. Boy to
morrow and Jrt the
Diamond Blng Free
r Holidays.
$35
SALE
FUR COATS
FRIDAY and SATURDAY
31 coats will be placed on sale at special prices
College Girls Should Take Advantage of This Excellent Offer
Two
Two
Two
Two
One
One
Two
One
One
One
One
One
One
One
One
One
One
One
One
One
One
One
One
One
One
395.00 raccoon coats (Tomboy) priced 325.00
325.00 raccoon coats, (Tomboy) priced 250.00
150.00 Mendoza beaver (Tomboy) coats, priced 125.00
200.00 sealine coats, grey or fawn squirrel trim, priced 150.00
175.00 sealine coat, fawn squirrel trim, priced 135.00
195.00 Steinlite coat, (Tomboy) priced 150.00
225.00 Persian Paw coats, priced 100.00
135.00 sealine coat, grey squirrel trim, priced 100.00
95.00 sealine coat, 75.00
140.00 sealine coat, priced 100.00
250.00 sealine coat, fitch trim, priced 200.00
100.00 sealine coat, plainpriced 75.00 .
175.00 sealine coat, grey squirrel trim, priced 125.00
175.00 sealine coat, (cocoa squirrel trim) priced 125.00
175.00 natural opossum coat, (Tomboy) priced 125.00
195.00 natural opossum coat (Tomboy) priced 150.00
300.00 mole coat (squirrel trim) priced 200.00
20.00 natural coney jacket, priced 10.00
300.00 Hudson seal jacket, fawn squirrel trim, priced 200.00
150.00 mole jacket, plain, priced 100.00
195.00 mole jacket, squirrel trim, priced 125.00
125.00 silver rat jacket, fawn American broadtail, priced 85.00
200.00 Hudson seal jacket, priced 150.00
250.00 Hudson seal jacket, sheared leopard cat trim, priced 200.00
75.00 sealine jacket, priced 50.00
Fourth Floor
Bunting for "Homecoming" Decorations
Third Floor
Hand-Tooled Solid Leather
HAND BAGS .
Bag at qnallty and distinction will
last for year.
For The Formal Parties
olld leather In rich autumn color.
Strictly hand-tooled. Bpectal $4.50 .
to XZO.OQ.
Novelty Pooch Bag h all th new
ehadei SX-M to XN
Harris-Goar's
1330 O ST.
mi
Street Floor
The Bradford Tuxedo
The season of formal parties will soon be here. The Bradford
College Model Tuxedo suits have just arrived. In our complete stock
you will find the suit of correct style that will satisfy the requirements
of the most formal party. Of fine Herringbone weave, full silk
lined, and trimmed in Skinner Satin, faultlessly tailored, the Bradford
Tuxedo will go "big" at your coming parties.
$25
$30
$35
THE SHIRT
The stiff bosom is always a
popular style. Semi-stiff
fronts are often favored for
tuxedo wear. Your best liked
style is here, in your size.
THE WAISTCOAT
Silk faced in black, or ribbed
in gray, white too. The de
sign of your , fancy is ready , f
now. Careful dressers always '
have at" least wo.
$3 to $4
$5.00
See Our
Windows
Comer
Orpheum Theatre AH This Week Adv.