The Omaha Daily Bee
VOL. XXXVII NO. 41.
OMAHA, MONDAY MORNING, AUGUST 5, 1907 TEN PAGES.
SINGLE COI'Y TWO CENTS.
OUTLOOK IX FINANCE
Cron Currents Cause Heary Under
tone in Sectuitie Market.
.
These Act ai a Restraint on Positive
. Weakness of Values.
CSDERS FOR STEEL FALL OFF
feaflroad Building Halts for Lack of
' Funds
HIGH INTEREST RATE PROBABLE
Demand for Money lor..n r Enter.
prlaea fto Heavy Advance la F.x
pected Bond Dealers Report
Little Demand.
NEW YORK. Aug. 4.-La.t week aw ev
ldencea of continued perplexity over the
financial and Industrial outlook reflected
In the action of the securities market. The
Immediate developments served to weigh on
sentiment and Induce a heavy undertone to
the speclatlon. although there was a mix
ture of favorable factors which acted as a
restraint on positive weakness.
The most notable of the latter class of
Incident was the showing of the United
tatea ateet corporation for the quarter
ending July 30 of rword net earnings of
over 4B.0flO,OiiO, exceeding the most san
guine of the preliminary estimates. The
falling off In the unfilled orders on hand
from the preceding quarter was restricted
to a little over ' M),"x tons, and left that
Item well tn excess of the figure at the
corresponding time last year. The period
covered was subsequent to the break In
Marth In the securities market, which was
the herald of the reaction to come, the re
port on Its face mfght be regarded aj
highly gratifying as an exhibit of the mod
erate rerction to which general Industrial
activity v .id been subjected. The large
sums made available and set aside for the
enlargements and extensions In which the
corporation Is engaged Insured Its Immunity
also from the embarrassments from scanty
capital and generous Interest charges which
have been such a grave feature In the situ
ation of railroad corporations for aome
time past. All of this was practically
overborne, however, by the frank acknowl
edgment on behalf of the corporation that
new orders received during July had fallen
26 to 30 per cent below those of July last
year. This fact waa accepted as conclusive
evidence of the sharp setback to which the
Iron and steel trade had been subjected as
belated effect of the curtailment tn en
terprise which had been foreseen as soon
as the difficulties of the railroads In secur
ing capital for carrying out projects of
ftterment had developed.
Iron Trade Barometer,
r The financial community attaches first
Importance to the Iron and steel trade as a
barometer of general trade conditions.. The.
cond.iiToa " of ' ah, cupper market, which
comes probably next in Importance, rein
forces the example of the iron and steel
trade. 'Copper prices abroad have con
tinued to decline and the expected win
ter demand has not yet come In sufficient
volume to Ox stable conditions In that
market. With this situation in the metal
trades, the influence Is lessened or lost of
the continuing reports of activity In other
lines of a trade, and the evidence in the
till expanded bank clearings of the coun
try of undiminished activity tn mercan
tile lines. This evidence of sustained mer
cantile activity and the large requirements
on banking resources thus applied help to
complicate the outlook in the money mar
ket, from which relief Is considered essen
tial to Insure anw effective revival of In
vestment demand of capital. Contraction
of business activity, lowering of prices,
accumulation qf capital and awakened flow
Into Investment Is the sequence of events
considered necessary for the working out
of the situation.
British Coaaola Are Low.
During the week British consols sold at
the lowest level since 1S48 and the Incident
la a central testimony to the existing pros
tration of the Investment situation. The
immediate factor In the fall In consols
was the forced liquidation growing out of
the t aver-extenslon on the Egyptian In
dustrial centers. Foreign money markets
and the reports of conditions of the great
central banks abroad give warning of the
coming pressure and the restrictions of
reaoorcea. It waa only by a rise in money
rates in New York that the French de
mand for 'gold .which Inaugurated a gold
export movement from New York on Mon
day was avoided. Owing to the higher rates
here, bankers negotiated Mils through the
foreign excht nge market and placed the
proceeds In 'am in New York.
VI. Paul Leroy-Beaulleu. the distinguished
French econ-.mlst. has registered his opln-.
Son that opportunity for an advantageous
return on capital is now offered for the
first time In over twenty years past.
Blgns of an Investment demand from ac
cumulating capital are looked for as the
true herald of coming restoration. In New
York the bond department of the Stock
Exchange shows no stirring of activity and
the bond dealers are not able to report
any Important absorption for demand In
vestment. The Incident of the week, how
aver, was the sale by the Atchison. Topeka
eV Santa Fe railroad to J. P-. Morgan A
Co. ef the unsubscribed portion of the
128,000,000 of I per cent convertible bonds
which had been offered to stockholders at
par, the residue thus sold being stated
at about I18.0n0.000 and the price to the
bankers supposed to be about SS. The
transaction waa regarded as evidence of
the continued difficulty of securing capital,
but the fact that the attempt waa saved
from a fmth.ro waa made the subject of
proftastd gratification on the part of the
principals.
GLOVER MAY DROP HIS SUIT
Boa of Mrs. Mary Bet O. Bddy
Gooe Enat to eo Hie
Mother.
T PAUL. Aug. 4. -A special from
Deadwood, 8. P.. says It ts reported that
Oeorge W. Glover, only sea of Mrs.
Mary Baker O. Eddy, la about to settle
the suit which he has) begua for an ac
counting of hia mother's property. Glover
haa gone east, following the visit to blin
of lflss Thompson, who la said to Lave
been the bearer ef a letter written by
Mrs. Eddy te her eon. Just what this
letter contained Is net entirely known.
Mrs. Eddy (ently abided her son by
referring to him as her "deluded boy
and declared that since he had Wrought
the suit she waa moat willing to go into
court. The receipt of the letter Is said
to hava caused Glover much uneaatneea.
He had several conferences with friends
a d thaov tuietlj- tuufe Ixala tut u nil.
increase in assessment
Cain In Yalaatlnn Plaree Mate
Flaancea In Good ('
dltfon.
LINCOLN. Neb.. Aug. 4. (Special Th
S'.lCO.noo Increase In the valuation of
pniiieny m ..rraflKi as rounn ny n-
Equalization will go a long way toward
! putting the state In first-class condition
financially. For one year on the total
seven-mill levy the. revenue to be lertvel
on thli assessment la S.3'13.tv2. while for :
the blennlum the appropriations amount to
S4.3HT.K7.31. and thin la figuring S1.0R3.M
for the state university. The Institution .
I of course will get more than that aum. I
because the regents ratlmated the assess- i
lent roll would he H-'l.i"i.0, Just miss- I
lng It about IS.Ofm.O'A and the aum ap- I
propriated Include the pr- Is of the
one-ailll levy. The genere
a half mill more than It .
V "I'd hava
j, n past
pur-
i
yeara because the levy fo
poses was abolished and that
e,l
to the general fund. The incorr.
yesr cannot be figured because
'Vj
each year is liable to change a.
grand assessment roll does change y
Douglaa county will contribute more
ths support of the state than any oth
county pnylng in over $7.nm. which Is
practically twice as much as Lancaster, I
which contributes n?4,onn. and three times
as much as Saunders, which comes third
with SflO.ono. Inasmuch as the state
officers have said there shall be no de-
flMencie for the next legislature to look
after, and the Beards of Public Lands
and Buildings and Purchase and Supply
has said the same thing, the next legis
lature will probably flnd Nebraska well
off financially.
Crowd at Asaembly.
Big crowds are attending the Epworth
assembly and much Interst Is being taken.
The crowds are better handled this year
by the Traction company than ever before
In the history of street cars In Lincoln.
The company has twenty cars at the dis
posal of the visitors and no complaints
are being registered. Today many of the
campers were driven Into the city by the
rain.
Car Fare Ordinance.
The Btate Railway commission Is taking
a second breath and getting ready for the
final argument ln the case where the city
of Lincoln Is trying to get tt to enforce
an ordinance providing the Traction com
pany shail sell six fares for 25 cents.
About ten days was devoted to taking tes
timony and now the lawyers are going to
file briefs and make arguments. In the
meantime the city officials are not trying
to enforce the ordinance.
Cream t'aae Tneaday.
The commission will hear the arguments
on the application to raise the rates on
cream next Tuesday. This hearing is liable
to bring a tot of people before the com-
j mission, as by Judicious press bureau work
considerable Interest has been stirred up
over the matter.
Tillman Gneat of Bryan.
Senator Tillman of South Carolin,
the guest of the Bryan family today. There
Is nothing significant ln the visit of Mr.
Tllman. It la said, he merely stopping to
pay hi. respect, to the family. Mr. Brvan
will not be fn Lincoln before September
the aenator failed to see him.
-
STRIPES FOR COAL OIL BARONS
Colonel Ben Tillman Thinks
Wonld Brlna; Them to
Time.
that
"I reckon you an' 1 11 have to pay 1
cent more a gallon for oil In the morninY
said I'nlted States Senator Ben R. Till
man Sunday morning while ln Omah
few minutes on his way to Oberlln, Kan,
to speak at a Chautauqua.
"Yes, It'll be fully a cent." the senator
continued. "I don't think the company'll
dare to make It S cents-at least not all !
at one time, because that would look too
much like they was tryln' to make the I
people foot the bill and they don't want i
the people to feel bad." j
The doughty veteran of the Chautauqua
platform, as well as of the forum, was I
sitting ln the smoking compartment of an
ordinary chair car, in which he was travel- j
lng on the Burlington, counting his returns i
aa he spoke. From an Inside coat pocket j
he extracted a cloaely-folded bunch of j
yellow-backed certificates. From the op- j
posite pocket of his coat he pulled out a
few green bills. Then, feeling ln his
trousers' pockets, he picked a wad of yel
low and green mlved and sorted them. :
smoothing the bill, carefully and piling
on top of them the loot from the remaining
r ,C '
Closely paclnk the yellow boys together
and patting them, he tucked them Inside
a small rocketbook and then selected a few
Aves. and folding them Into a small oblong
bunch, he Inserted them In the ellptlcal
leather eyeglass case he found and stowed
that away ln his left hand trousers' pocket.
The men In the compartment watched the
senator Intently, and as he straightened up
one asked If he thought the fine Imposed
by Judge Landls on the Standard Oil
company would be collected.
"I reckon they'd collect it from you or
me an neveh say turkey," remarked the
senator as he arose to go. "They ought
to put stripes on them. That'd do."
The senator spent the day in Lincoln and
visited at the home of W. J. Bryan before
leaving In the evening for the west. He
1 P?"un" w
home on a Oiautaunua tAnr
TALE E-US T II HOW AT EDITOR
L. A. Wlltlnnaa o. Blair and Twin
Brother Attacked on Mala Street.
BLAIR, Neb. Aug. 4. (Special.) L. A.
Williams, editor of the Blair Pilot, and hia
twin brother, were pelted with stale eggs
on Blair's main street. Friday night, thrown,
tt la charged, by a couple of large boys,
who were provoked by Indelicate remark,
which appeared tn the Pilot.
The boys were arrested, gave ball, and
appeared ln court with their attorneys.
Herman Aye and F. 8. Baher. who entered
pleas of not guilty for them. The twins
did not appear to prosecute and the case
was continued until Monday afternoon. Ap
parently the people sympathise with the
boys.
Farmer Serlonaly Injnred.
SIOLTC FALLS , 8. D . Aug. 4. (Special.)
William HaUwtg. a young farmer of Faulk
county, was crippled for Ufa and narrowly
escaped Instant death while engaged In
raking hay. The tongue of the rake fell
down, frightening the horses, which ran
away. The tongue of the rake stuck ts the
ground and In his effort to control the
horses the young farmer became entangled
la the rake tn such a ftnannsr that two
of ths cleaner Angers penetrated his side
to a depth of several Inches Dr. Merteoa.
who was called to the scene, stated that
while the unfortunate young man had a
very aarvow escape from death, he might
lawovar, hot would bo a cripple fur Ilia.
REYS CARRIAGE PLANT BURNS
Big Factory in Council Bluffs
Destroyed Sunday Morning.
ONE SMALL EUILCnO SAVED
, l.oa la Estimated at l.lS.ntWt, with
TK.OOO Inaaraare Mght Watch,
aaa Has Harrow F. ac a e
from So -oration.
Nothing remained yesterday of the main
buildings of the large carriage manufac
tory of Keys Brothers at First avenue
and Twenty-eighth street but a charred
mass of ruins and crumbled walls. The
firemen, by hard work, succeeded in sav-
i 'rig
"wh,!
detached building known as the
eel house." In which about "COOO worth
of buggy wheels and other material was
t stored and part of the blacksmith shop.
The main buildings, part four stories and
f. isement, and the new addition, three
"'. with their contents, were completely
iyed.
ank H. Keys and Edwin W. Keys,
jmprtsing the firm of Keys Brothers, were
unable yesterday to form an estimate of
their loss. It is believed the large safe
containing the books. Insurance policies
and other paprg , ln rood condltion. ani,
, tnat wnpn u u openedi ,t ,.xpected to
flnd tn t, ,nU(.t M the flen d,d
I ther , m
all through the fire. As far as could be
learned yesterday the firm carried Insur-
. ...,. c iu me Hiiiuuni oi .a,, wnue me
loss on stock and buildings may run up
to 1135,000 or $140,000. E. W. Keys estimated
the value of the stock ln the burned build
ings at r,000.
Urlala of Fire Inknown.
The origin of the Are la unknown. Fire
Chief Nicholson was of the opinion yester
day that spontaneous combustion was re
sponsible for the conflagration. There ap
pears to be soms question as to where the
blaxe started. It was first stated that the
fire started ln the southeast corner of the
four-story portion of the main building.
but the men of No. 2 fire company were
of the opinion that the blue started in
i the bem:nt. The fire must have started
some time before It was noticed, as by
me lime the department reached the scene
flames were bursting from every window
and the Interior waa a seething mass of fire.
Chief Nicholson realised as soon as he
reached the Are that there was practically
no hope of savtng the main building and
his men directed their efforts mainly to
save the detached buildings east of the
main structure.
Watchman Has Narrow Eacapo.
Thomas liatliff, the night watchman,
had a narrow escape from being burned
to death in the main building. He oc
cupied a room ln the northeast corner and
waa awakened by the dense smoke which
filled his apartment. Almost suffocated
J? ,mkf R"Ulff Wlth
w . "7""1" escapea
Ump,n t0 e 'ound' "n
I tht- ""th "d9 ' ? ?U"dln and by
I """" V bur,aln trom
T Te"terday RmtUff w" ,n
I rather a serious condition from Inhaling
; so much smoke and had to be attended
by a physician. The alarm. It Is said.
I was turned tn by a woman on Third ave
nue who saw the flames Issuing from
the factory. Kverythlng Indicates that the
fire had been In progress for a consider
able time and had made good headway
before being discovered and the depart
ment called.
A freight car loaded with new axles.
a j which was standing near the wheel house.
was saved by the firemen, although the
end of the car caught fire several times.
Chief Nicholson said yesterday that the
Are was one of the hottest In his ex-
perlence. This waa due to the combustible
character of the contents, there being a
large quantity of paint and oil ln the
building. The firemen suffered greatly
from the fearful heat and had to turn
the water on themselves to keep their
clothing from catching fire. The paint on
their helmets was melted off and the men
had to pour water onto their rubber boots
to prevent them melting. Early during the
fire the men were forced to discard their
rubber coats on account of the intense
heat.
Eighty-Five Men Employed.
The firm usually employed about 138
persons, but at ths time of the Are the
fnn. hail tn Mtliif.Ai' t r a 1 CR Yf ,-i
j of th. men mployed lB the actory live
j !n that .tion of the city, where many
1 of b'm own the,r homes.
j -n,, firm of Keys Brothers removed from
Rwl Gak to Council Bluffs in the winter
; of issg-89. since when Its carriage factory.
Aoing a business of S500.W0 a year, has
, b.en recognised as one of the leading
, industries of the city. In March. 187. In
Red Oak. the riant of the firm was eom-
; pletely destroyed by Are. The build'n'gs.
however, at that time were Inadequate for
i the business and the firm fortunately had
a large quantity of Its stock stored tn an
j old packlng house. It was thus able to
j continue work after the fire and remained
: in Its temporary quarters until removing
! to this city a year later,
I
AND THE CHAUTAUQUA
visit
McKlnley
j D..e, Will Wot I.J.r.
! aawnslf.
The McKlnley club la not trying to In
terfere with the success of the Bellevue
Chautauqua in any way," said a member
of the club yesterday. "I waa instru
mental ln getting Mr. LaFoUetta to come
to our dinner, and tt was with a distinct
understanding that he would not be ex
pected to speak that ha consented to be
a guest of the club. It ts a part of the
policy of our club to entertain distin
guished republicans whenever possible, and
Mr. LaFolletta'a presence at Bellevue In
the afternoon seemed te afford a fine op
portunity for us tn the evening. We ex
pect him merely aa a guest in a social way,
and regret very much that anyone con
nected with the Bellevue assembly ahould
imbibe the notion that wa are trying to In
terfere with the attractions of that af
fair." WILLIAMS WINS SENATORSHIP
Coaajreeaman's I aoetaJ Plarallty In
Mlaaiaelppl Contest la Placed
t tt.
NEW ORLEANS, Aug. 1-John Sharp
Williams haa won the United States sena
torial primary la Mississippi, according
to returns received here from Jackson,
Miss., lats tonight. With but one county
yet to hear from. Williams plurality Is
unofficially placed at UL The county still
unheard from has been conceded to him by
the Yards .nan forces,
FRENCH PLAY LITTLE GAME
Spaar Mrat Treat In rarU .Mar
rrr To Tir I -In
wtnrile.
PARIS. Aug. 4. i Special.) An altogether
near fomnlnlnn. o tn nntlk. la now nut
upon the supposed Meat trust. The trust
Itself turns out to have hern a bluff, ac-
cording to the secretary of the French
Master Butchers' union. Huge capital was
subscribed, amounting to SS.'W ,(. Land
had been bought In three places, near
Bordeaux and Havre acd on the Marne.
All of the French live stix-k trade waa to
be monopo.lxed. Slaughtering was to be
done on true American lines, and not only
waa the fresh meat trade to be controlled,
but the country was to be supplied with
the best tinned meats on the most ap
proved Chicago plana. The market being
controlled, prices were to he sent up, with
a view to compelling the French govern-
nient to lower Its customa tariffs on Im-
ported cattle, thus allowing the United
States to flood France with Its beef and
pork. At the bottom of the whole scheme
was one of the most notorious American
meat packing firm Now the secretary of
. U .. C V. , ... V ..... 1 .. :
ur- x-itiivii iiid sir i puttiirra union
.. ... , . , '
that the entire aiirntlc ntrnr m la a
. hh,
It seems hard to get at the truth, since
the secretary of the French Cattle Breed-
era said exactly the opposite. The present
authority asserts that the whole scheme is I ""r ut voler n1 nving u me
merely a company promoting a bubbU. ! momentum such an endorsement would
He believes that the big company Itself is ! lmP'y- The petition for Judge Reese, on
a fiction and that the whole scheme wli:tne othT hnd- though signed by only
never be carried out. Land may or may j thre or four more than the number re
not have been bought Slaughter houses' Qulrel by law, plainly alms to give public
may or msy not have been planned. But
at any rate, he dout, whether a single
sheep will ever be slaughtered there. He
hears that many butchers, fascinated by
the hugeless of the scheme, have hastened
to obtain a small finger In the problematic
pie and have subscribed t-VA 12.500. Sfi.OOO
or 7.5"0. But the whole thing, he Insists,
Is mere company flotation. Once floated,
the promoters will leave the scheme alone,
backing tout of it. naturally, at a profit.
It ts declared that the process Is not un
familiar in finance. The subscribers will
be left with a great enterprise on their
hands and no American capital at all be
hind It. The new version of the gigantic
Meat trust is even more curious than the
others. Only one thing la certain tn this
connection, and that Is that It Is very
hard to flnd out t!y truth.
MAY VISIT AT MONTE CARLO
Kalaev "aid to Have Deep Plans
Actnattna; Trip on Medlter
nnean Waters.
MONTE CARLO, Aug. 4. (Special.) It is
reported here that the kaiser has promised
to attend next year the opening of the
museum for deep-sea research which Is be
ing erected by the prince of Monaco. His
majesty's visit to the tiny principality will
probably take place on his Mediterranean
cruise, which will have for its goal the
newly acquired mansion of Achtllelon on
the Island of Corfu. A telegram from
Scutari says that the emperor also In
tends during his presence m Mediterranean
waters to make a short Sour tn southern
Albania, touching . ax. xmoua. places .of
archaelogical Interest. The prospect of hia
majesty's visit Is reported to have made a
deep impression throughout that province
and all of the chief towns and tribes are
said to be very anxious to send deputations
to greet him the moment he sets foot on
Turkish solL They fear, however, to take
any steps on their own initiative and are
not quite certain whether their movements
would meet with the approval of the sul
tan. One of the things which Is causing no
end to speculation Is said to be how the
Albanians are so well Informed.
POLICE RESTRICT NEW GAME
French Children Went Mnd Over
Dlabolo and Paatlme la
Now Controlled.
PARIS, Aug. 4. (Special.) Dlabolo, a
new or rather a revived game since all
PflHl went ma.tr flvr It 1YI v.ara airrt h u
been played furiously for the past month
or two by big and little children In the Z " """" "r mould do so.
Tullleries and the Champs Elysees. As ?" tM" 'e"er U Jec'red that "nearly
waa to be expected the police have now re1Ub'1C'.n n'w,PP'' have already
Interfered. No one can play anything here ! '"d"r,ed,KJude Re"MS' candidacy.' The
long before the police begin isautng reg- ! C"K that ,tn PP to Judge Sedg
ulatlons for the pastime. The Dlabolo. a , C"m' from 'tl candidate for
kind of wooden or metal reel, six Inches I '"k of the ""Promo court Is resented and
long thrown up by rapidly drawing tight ; . " th Ju,llcla' contest
a string held by wo staves, once dropped. . !f J1" to he Judge Sedgwick's record,
it appears, on a baby's head ln a public j Th" ?ur part bout the "ck on the
garden and the baby ts reported to have : rfcoM' ?we7''' " that " conAned to
died. Another baby pursuing It. lost j the cour eclona ln the Hartley bond
Dlabolo into the Champs Elysees carriage j CaiMnd n 8tate Journal '". with not
way was run over. The police accordingly wo about any "'SeJ favoritism to
have now Issued regulations strictly pro- , h' rard or 'her corporations. Judge
hibiting small or large children from play- , "aclt '90 attacked for consenting
lng the new game In any narrow garden the PP'ntmnt aa commissioners to
walks and limiting the field of their energy . th uPr"m court of men repudiated by the
to certain defined Urge spaces. Foot ball. , ' te, convention on account of their af.
such as It was. and It wa not very , flI,aUon wlth th '""1.
strenuous, ha. also been forbidden ln the j Bmdahaw Man Exp.alna.
Luxembourg gardens, the leather having , The press bureau crowd seems to have
hit somebody who was not ln the game. ; been somewhat cut up by the endorsement
sof Judge Sedgwick by Editor Dayton of
RELIGION KNOWN BY DRESS Uhe Trk RePubllc-- who had previously
Dr.
Fltrhett Deelaree Adherents
Each Denomination Have
Mark In Common.
of
-jt-v-w- a.,- iRne.(i .r TPiteh.tt
addressing' the Australian Methodist con-
ference, which has Just closed Its session
here, in an address enunciated the Inter-
. ... ,. .
estlng idea that the adherent of every
religion has something distinctive ln his
aDDeerance
appearance.
"If I were dropped." he said, "from a
balloon into a gathering of Bapttata I could
tell who they were by th. way they cut
their hair. If I were dropped Into the
middle of an Xnglican aynod I could dls-
cover my ecclesiastical whereabouts by
their collars.
"If I were dropped into an. assemblage
of Methodists from any sky I would not "reiy sausractory to all elements. Dr.
regard their hair, nor their collars, but ! A- 8- von Mansfelde of Ashland has also
other signs. I am frankly willing that my J nle1, DUt his candidacy la not regarded
church should be Judged by the type of erlously here.
face which displays Its intelligence and Its A r'al ,ha, flh' In prospect on rail
kindness." i w" commissioner, because the republican
nomination Is the same thing as an election,
CIRCUS MAN IS Rni Y PUT n hllTln nli for 'her as a demc
linUUa MAIM IS DAULT LUI crat or populist. Th. preeent commla.i ner,
.,, r, n. Henry T. Clarke, Jr., Is regarded as having
teroeee to a- t Dlaaer with rsea-ro h. K..f . i
ad Latter at.. i ,h b,t of -tl altho"h hy no means a
IHaa ' walk awa because, having been appolnd
" j by Governor Sheldon to fill a vacancy, his
Olson Thebo. advertl.m, man for Pawnee
Ill's Wild We showTwas stabbed nelr
BUI
a colored cook for t. advertising Tea,
which U stationed at H.nth and li.
worth street o. th. Ublon P.cflc track"
Thebo was taken to t A. Omaha O-nerai
hospital in th. patrol .on. Cre,
caped and th. police arl looking for him
w . . . . ,1 . " '
The stabbing occurred U the car. Carey
. . , ..... '
insisted on eating dinner with Thebo and
... ... "'"
a quarrel resulted. It la pot thought that
Thabo's wound will pry v. fatal.
TWO OUT FOR SUPREME JUDGE
Pight for Office is Between Sedgwick
and Reese.
GREAT CONTRAST IN PET1TI0N3
That of York Man Contain It, (too
5m, While that of Lincoln Can
didate Has Few More Than
Resialred by Law.
(From a Staff Correspondent.)
LINCOLN, Aug. 4.-(Spectal.)-The lists
published today showing the names flit 1
with the secretary of state for places on
the official ballot Indicates the scope of
; the fight that is on for nominations on the
' republican ticket this fall. Only two names
appear for supreme Judge and both are fliej
, By petition, thus giving Ave days more
under the law for the candidates to say
whether or not they will accept. There Is
, danlter hpwev.r, that either Judg
; s,BWlck or Jui,g R declm ,
. . .
i run. The monster petition for Judge Sedg
. .
, wick, said to count up over wniio name,
was admittedly procured by the agency of
fils campaign managers with a view to
V. ..., I LI. I I , . ..
I v.nu.uacy 10 ine attention or
" notice of the inflnenxaa lli.l ... I 1 I
h'tn. Including, as It does. Senator Norrls
Brown. State Chairman Rose, State Secre
tary Parkins, Editor Ross Hammond and
several leading members of the last legis
lature. Senior Senator Keeps Ont.
Tet the Reese petition ts significant
mostly for the names tt does not contain.
While the Reese petition contains the nam
of the Junior United States senator It Is
toid about here that the senior senator
refused to sign. Senator Burkett Is averse
to breaking the second term precedent un
less for good cause and has declined to
be persuaded that It la his duty to take
up the cudgels against Judge Sedgwick.
While the names of Secretary of State
Junkln and of Superintendent McBrlen ap
pear, the name of Governor Sheldon Is no
ticeably absent. The governor I. liable to
be charged with surrendering to the rail
roads by some of the hotheads, but in
side information from the executive office
is that .he proposes to maintain himself
ready to support the nominee of the party
no matter which of these two candidates Is
successful, believing both of them to be
capable and eligible.
Preaa B
Still Bnay.
The operations of the rival press bureaus
continue to furnish interesting side lights
on the progress of the campaign as be
tween the contending factions. The Sedg.
wick propaganda this week matched the
special Reese edition of the Grand Island
independent with a special Sedgwick edition
of the Columbus Tribune in which the
logan la hoisted for a "square deal "
Another strong, card which ha4een played
for the chief justice 1. a review printed
in the Crete VIdette-Herald of the nomi
nation of Judge Sedgwick six years ago
showing that at that time he waa the
candidate of the very reform element that
Is now Aghtlng him and that he was nomi
nated originally as a distinctly inde-pendent-of-the-rallroads
man. The anti
monopoly counties which backed Sedgwick
In the convention of 1901 are named and
some of the complimentary declarations
of the republican newspapers at that time
re repeated. The public la aim min.j
Hhat the vindication which Is now de
manded for Judge Reese was given htm,
so far as the party Is concerned, by the
nomination accorded him ln 1S99. but that
he failed then to receive his vindication
at the polls.
For Judge Reese the latest press bureau
move Is a letter sent out by Clark Perkins
over the signature of the understudy editor
or nis Aurora Republican calling upon the
! f'0" en"ay Kt In line
ra training wun mem. In partial answer
to Editor Dayton', vouching that Judge
Sedgwick stands well at home and haa
a record there of freedom, from railroad
taint, the Bradshaw Republican man, who
i "witched from one side to the other earlier
; ln tn es out with this amusing
eI,Planatlon of hl" Po'"on:
d" SHh JHh!!.." on" worI dero-
atory to Judge Sedgwick aa a man. as we
, have learned to esteem him as a noble
' character, an able lawyer and Jurist, but
j when It cornea to the matter of party
j r,flrm wt aincerely believe the Judga Is
I in training with the wrong crowd, and that
I 18 th rj'a9o',. a'"1 the only reason, why we
j JXclu? 'yo?? cJunty
man.
j On university regents It Is pretty safe
to say that th ticket la already made up
with Charles B. Anderson of Crete and
George Copeland of Elgin, who are en-
Boml1natlon th. nature of a
T - ' TMetlon f th .rnor. ac-
L' """T1" T -
! 7" can ca"
'If ?"0n ' J"" ot
I " " """l"1"' '' Alb'r"-
i S?.P V T "t"' Ut ty th"
I T , 1m TTJV 1m'rat- an" "
Loomis should get the democratic an in.
. ,,. J .. , ' " nomina-
tion and Alberta the popu 1st nomination
. ... vv""ml no'ntion,
a conference committee might hava tn K.
' "mm IO
I 'Continued on Second Fags.)
; Nebraska weather forecast
i
KilRKCAST FKlt NKHRASKA -Showers
and cooler Monda.
Temperature at Omaha yesterday :
Hour. Deg Hour. peg
o a. m ii4 I p. m '
I
a. m X4 p. in k
7 a m ;" l t. m
m Ai 4 p. m
a. rr : 3 p. tn '
1" a. m n) 6 p. ni 7)
11 a. m k- i p. m 7
1- m is p. tn 2
J p. m A
FENUGREEK SEED NOT A CURE
Merely an Id Janet to r F.sperlment
In Treatment el Tnher
miosis. Several dnys ago a gentleman 11 lng in
Detroit w rote to P latmaster Palmer In
quiring about some exp riments I'r. A. S
von Mansfelde is making with fenugreek
Si'ed In treatment of 'ubi rculosis. Th- let
ter reached The iSee. and a note of Inquiry
was addressed to Pr. von Mansfelde a'
Ashland. In reply the iloct r writes:
"Little at present can he said rrivardin
feni grctk. except what little n xperimenting
I have been ahle to make seems to poin:
to two conclusions:
"First That there seems to be no doubt
of the fattening qf-'Uy of the seeds f
fenugreek, over and' -nd the food value
of carbo-hydrates they 'contain.
"Secondly It seems a fact that In the
ratio that we .rr.vent the burning up of
fat In the body of the coisu :iptl ve. or
contrive to add U the fatty tissue of
the body, we succeed In staying or eve.i
ti'rmlnatlrtg the course towards death In
cases of consumption.
"The burning up of the fat of the body
seems to be the first ami prime factor In
the course of tuberculosis; ait" other conse
quences seem to follow, or to grow out
of this consumption of fat; hence the use
of cod liver oil, since times immemorial
and the deduction on my part that If
fenugreek fattens, and quickly so, then It
may prove of prime Importance In the
management, and, possibly, cure of con
sumption. "I have given the powdered seed In
teaspoonful doses af first, increasing the
dose ln the course of a month, little by
little, to heaping tablespoonful doses, aft
erwards giving it. Instead of once, two
or three times a day. We find that it is
best taken in thin cream, rinsed down
with hot milk. It has the taste of ripe
beans or peas, except that It la very bitter
when chewed or soaked ln water, hot or
cold. It seems perfectly harmless.
"I use, the seeds and have them powdered
right here, because I do not know whether
the powder, which can be bought In al
most any drugstore, is pure. It may. how
ever, be used until the seeds are procured,
which can be readily done; they are cheap,
hence can be used by the poorest."
Dr. von Mansfelde adds a note of ex
postulation to the editor, setting forth that
he Is not putting this forward as a cure
for consumption. In this connection he
says:
"The mere knowledge that fenugreek may
prove highly beneficial ln the treatment
of tuberculosis, and a knowledge of the
dosage, should not be relied' upon as the
alpha and omega towards a cure. All
the other factors and they are many
which have proven so very beneficial In the
management of this terrible disease ahould
not be neglected The reaching out for a
straw. Just one straw, by the drowning
has been the cause of the loss of many
precious lives, and especially ln the case
of consumption, when. If all the means
proven beneficial had been used, many of
these lives would have been saved. And,
whilst I am happy to think that I may
be permitted to furnish one tiny straw, I
do not want to be guilty of making believe
that my straw is self-sufficient. It is not;
ln the nature of the case, It cannot be."
COLORED WOMAN FOUND DYING
Believed to Have Be
by Gang of
Rnahera.
n Aasanlted
Can
Aa a result of what the police believe ti
have been a murderous assault, Mrs. Wil
liams, colored, died Sunday noon. 8he
was found at daylight Sunday morning
lying in an alley near Pine street uncon
scious, with bruises about her forehead.
A milkman discovered her and notified the
police station, and the ambulance took her
to her home at ltD South Seventeenth
atreet, where she died some hours after
without having gained consciousness.
Saturday night, with her five children,
she had attended a party at R. Kelley'a
house at Thirteenth and Canton streets,
and took the last northbound car for home
at 12:40 o'clock, having put the children
on a car and sent them home about 10
o'clock. . She got off the car at Thirteenth
and William streets and that was the last
seen of her, so far as known,
until she was found unconscious
In the alley Sunday morning. The
alley where she was found was a short
cut which she usually took from her house
to the car. The police are of the opinion
that a tough "can gang," which fre-juents
that vicinity, assaulted her and beat her
to death. Dr. Walker, who attended her,
also believes she was mistreated by a
gang. An autopsy will be held by the
coroner. Mrs. Williams was the wife of
Elam Williams, a porter In the employ of
the Pacific Express company.
FIVE GENERALS TO ATTEND
Philippine Veteran Planning Blar
Time la Kanaaa City Nest
Week.
KANSAS CITY. Aug. 4-F1ve generals
have accepted Invitations to attend the
eighth annual reunion of the Association
of the Army of the Philippines, that Is to
meet here August 13, 14. li and 16. They
are: General MacArthur, Milwaukee; Gen
eral Irving W. Hale, Denver: General Jacob
Smith, Ann Arbor; General Charles King.
Milwaukee, and General Wilder S. Met
ealf. Lawrence. Kan. V'eterana from all
jectlons are expected by the train load
Fifteen thousand visitors, drawn by the
reunion, are looked for and an elaborate
plan of entertainment haa been mapped
out. The famous Twentieth Kansas regi
ment, that did valiant duty In the Philip
pines during the Spanish war. led by Gen
eral Frederick Funston. will hold a re
union here at the same time. General Fun
ston will not be able to be present.
sf oTntz ns or oceajt
TEAMS IPC. I
SailaMl.
. PL I
.Itabna. !
.Vidriaa. j
r,.r
aitt Ta.
...New lot
...coala
....La Lorrmia
Cajnpaula
...Au.ujt Victoria
yew TOR It.
Miw Turk.
I . ... w . ,o u
SIW TOM It
I VriR K
"oul Albert.
Furanaai
Prw:1.iu Uaeola. i
nrw tor k
KCW TDKt
T J IH.NS
UiTHPlni.
mj-p-.ui.AM...
CADIZ
GLA.'O''
lilNP"'1
ANTWERP
'HRISTIAWIA
aCilTHAMinoN
.. Mumaapalia.
. Ptruna.
fiidii i.ii'in.
.. Aur.
. ih Ua
.'Itlc ...
M HM .
.. Zi.a4
.. Alcftaadra.
-. ft. Uul
H1V1I
Lib U
La SJH.na.
...lltasls
V
UNFAIR OIL PROFITS
Commerce and Laor Commissioner
Reports on Petroleum Trade.
STANDARD CONTROLS THE FIELD
Competition But Name in United
States at This Time.
SIDE LIGHTS ON BIG INDUSTRY
i
I Report Disproves Claims of Friends of
Gigantic 0.1 Compan.
UNFAIR P2ACTICES ALLEGED
C'ommlftNlorirr 9mtth 1 1 laVprti lien t
(ampflnki I!a nrrn Orlveia from
I rid ntl , su-nmcr I Urr
t lt irrtl.
V EllINilTON", Aug. l.-The report of
the eomni's.ilor.er of corporations i the
oil Industry, dti.llr.j with prices und pro.'.ts,
hiis been made public. In his letter of
transmittal. Commissioner Smith says that
the Siand.-ud Oil company Is responsbl'j
f r tiie course of the rrices of i etroleum, - j f
a:id its priducia during the last twenty
rive years; th.it the r(Krt shows X.i.u.
prices would hav? been lover during this
period under normal competitive Conditio,
and In the absence of any such ovar.
shadowing combination as has actually ex
isted. He contlnuts:
"The. Standard has repeatedly claimed
that It has reduced the price ot oil; that
It has been a 'oenetU to the consumer and
that only a great combination like the
Standard could have furnlshed oil at the
prices thft have prevailed.
"Each one of these claims Is disproved
by tills report.
"The standard has consistently used its
power to raise the price of oil durlnj"
the last tn years, not only absolutely,
but also relatively to the cost of crude
oil."
The lettter continues:
"The total dividends paid by the Stan
dard from l-.tl to 15 m wer? l5iil.!-'.:.S4.5o,
averaging thus 24.13 per cent per year. The
dividends, however, wrre much less than
the total earnirias. Exact Information as
to these eurnlnits Is available only for the
years 1W2 to IfM and for the years 1903
to 19o6. Inclusive, an aggregate for these
years of about 714.0(;,'li0, but from thesj
figures the earnings for the other six
years mny he estimated with some degree
of correctness, and it Is substantially
certain that the entire net earnings of the
Standard, from 1?S2 to 14 were at leaat
IT'jCOO'.WO, and possibly much more.
Hate of Profit Increases.
"These enormous profits have been based
on an Investment worth at the time of ita
original acquisition not more than 175,
000,01 w.
"Furthermore, the rate of profit on the
capitalisation has Increased greatly. From
182 to the net earnings averaged about
15 per cent on the capital stock or trust
certificates outstanding, while the average
net earnings for the period from 9oi
to 1906 were about 68 per cent yearly.
"These rates of profit and their great in
crease are strikingly confirmed by the
known profits of one Important Standard
concern, the Waters-Pierce OH company.
The lowest rate of profit on Its investment
waa ln lfDti 23.S per cent. It Increased IB
nearly every year thereafter until ln ths
first six months of V.mi the profits were at
the rate of 47.3 per cunt per year. More
over, the rate of profit of this company has
Increased not only In proportion to Its In
vestment, but also per unit of products sold.
The sverage profit on Illuminating oil for
the years 1VJ6 to ISO" was S3 cents pe' bar
rel, while from 1900 to June, 1904, the aver
age profit was $1.32 per barret, with similar
increase of profits on the Important by
products. "A further verification of the profits of
the Standard was afforded by computation)
of the profits of certain of Its Individual
refineries. In 1904 the rate of profit on
Investment In these refineries and In the)
marketing concerns distributing their prod
ucts was as follows: Refinery at Lima, O.,
37 per -cent; Whiting. Ind.. 46 per cent;
Sugar Creek. Mo., 35 per cent; Neodesha.
Kan., 33 per cent; Florence. Colo.. 62 per
cent; or a weighted average of 42 per cent,
about 8.3 cents per gallon of crude handled.
This excludes the profits on pipeline busi
ness. (That !s Proven.
"The following facts are proven: The
Standard has not reduced marglna during
the period In which It has been responsible
for the prices of oil. During the last eight
years covered by this report (WJS to 1!)
tt has raitud both priees and margins. Iti
domination has not been acquired or main
tained by its superior efficiency, but rathet
by unfair competition and by methods eco
nomlcaliy and morally unjustifiable. Tin
Standard has superior efficiency In runnlnj
its own business; It has an equal efficlencp
In destroying the business of competitors.
It keeps for Itself the profits of the first
and adds to these the monopoly profits se
cured by the second. Its profits ars far
above the highest possible standard ot a
reasonable commercial return, and have
been steadily increasing. Finally, ths his
tory of this great Industry Is a history o
the persistent use of the worst Industrial
methods, the exaction of exorbitant prlcni
from the con.ummer and th. securing
excessive profits for the small group
men who over a long series of years hava
thus dominated the business."
The report then deals with the margin,
of profits between crude oil and its pro
ducts and says:
1. There haa been a very marked In
crease In the margin between the price of
crude oil and the prices of Its leading
finished products In Die I'nlted States dur
ing the pant ten years. This increaae in
marirln Is only In small part attributable
to increase in coats of coiidiicting the
business. Although since the time when
the Standard Oil company first secured a
l.irue proportion of the business, about
1S74 there has been a material decrease
In the margin betwwn the price of crude
oil and the price of Illuminating oil. the
Hrandnrd oil company can claim no credit
for this decrease. The margin In the do
mestic trade Is greater today than It would
be under free competition.
2 The profits of th Standard Oil com
pany, particularly on Its domes'le buslneas,
are s!toether excessive, and they have
been higher during recent yeara than for
merly. Relation of Prleee.
The influence of the Standard OH com
pany on pricv must t-e Judn.i, not by the
abeolute price of the flmaned products of
petroleum, but by comparison of such
prues with tn price of crude otL Toe
Standard buys much the grier part of
lis crude, and therefore the margin be
tween crude and It rw.nh.d prlui is af -f.
r ! the p-o.j. r criterion of Its pulley.
In on i.-r.:..' i u in reins the Stand
ard's 1 rice policy inuy corweniciitiy Ut
ri.iial.h-rrd as tnough It affectej prlnelyally
or only ttia consumer of the finished pro
ducts. It la true that the Standard la sub
stantially atl to tlx tha price ef crude oil
la moat of li.. grat oil tfeUla. TUe uniuly
