THE BEE: OMAHA. WKDNESDAY. MAY 10. 1922.
Co-Operatives in
Nebraska Sec
Good Trade Year
f'unry ly Slate Shows Favor
Me Outlook la General
Iy Take u Few Are
Negative.
J.iiuolu, May 9 (Special,) A I
favorable outlook for co-optrative
enterprise in Nebraska it reported
by li audi institution!, while 41
take an unfavorable view. lhi i
according 10 llie turvry of co-opera-
itvra jut completed by the atate
board oi agriculture and the bureau
i huklnett rrtrarch of the Univcrnty
of Nebraska.
A ruiiie of $J0.000.0U0 at done
by 2-1 rcpreientative concent in
1V.M. . The total sate of 1 15 eleva
tor was SJ4.JOb.27l. and of 41 com-
binationi of elevator with other
line Mat $10,807.50 J. This indicate
that the clevatori alone transacted
more than 60 per cent of the total
olunie of business.
The total talri of 58 co-operative
ktore amounted to S4.1JJ.781. or one.
truth of the total buine of the
221 companies examined. The aver-
age tales of co-operative lumber
yard were the tinallent. $4o,634,
while tore averaged $71,082 and the
rlevatort $210,489. A warning note
call attention to the fact that in S
tore the ratio of good on hand to
capital wa too high. 101 per cent.
Forty-three per cent of the com
panies have Mirplu-.cs despite the!
bad season. The number reporting
higher prices to producers through
co-operation it 178; lower prices to
consumers through co-operation, u.
Many Dissolve.
Of 230 reporting companies none
Marted an entirely new business in
1921. but five began by purchasing
the business of old ttock companies
and reincorporated as co-operatives.
J orty companies have been in exist
tence since before 1913 and 190 com
panies have established themselves
in the period 1913-1921. inclusive.
thowing a steady increase in num
bers.
More than 20 companies of a co
operative nature filed articles of dis
solution in 1921. Inasmuch as many
companies often do not file dissolu
tion articles until tome months after
quitting business, it is not possible
to determine just how many co-operatives
actually did cease business
from fai tire and other causes in
1921.
The companies are engaged in busi
ness" as elevators, stores, creameries
and lumber vards: 58.7 oer cent of
the principal lines carried on by 230
companies being elevator business,
26.3 per cent being stores, and the
remainder creameries, lumber yards
and miscellaneous lines. It is to be
noted that these proportions refer to
type of business and not to volume
of sales.
Some Limit Control.
One hundred and thirty-nine, or
60.4 per cent of the companies, re
port themselves as practicing all four
of the principles denoting true co
operation; while 17J or 4i. percent
pay a fixed rate of interest oft capital
investment, declare patronage divi
dends and limit the power of control
of individual members in the com
pany either by restricting the amount
of stock owned or its voting power,
or both.
This larger group of companies
therefore carry into effect the three
principles usually spoken of as es
sential to co-operation. Sixty-three
companies, or 27.4 per cent, paid
dividends on capital stock in 1921;
and 29 companies, or 12.6 per cent
declared patronage dividends.
It is also noted that 221 of the
230 companies reporting a paid-up
capital of $4,025,911 had a volume or
business amounting to $39,882,512 in
1921. The volume"' of business for
485 companies in 1919 amounted to
$112,369,069 and in 1920 to $83,014,
109. -The average volume of busi
ness per company for these 485 com
panies in 1919 was $314,038 and in
1920, $216,766. and for 221 companies
reporting in 1921 the average is $180.
463, showing a slight decline in busi
ness, as would be expected in a time
of industrial depression.
80 Had Notes Outstanding.
According to the returns only 180
of the , companies had notes out
standing January 1, 1921, and only
157 had outstanding notes for bor
rowed money January 1, 1922. The
total amount outstanding at the be
ginning of the year was $2,567,429;
as against $2,333,300 . at the end.
Ninety-three companies borrowed
$683,270 during . the year, while 138
companies paid off notes during 1921
amounting to $917,399. It will be
seen that there was a decrease in the
amount of money borrowed of $234,
' 129 from the beginning to the end
of 1921. A significant fact is that
only 93 companies borrpwed funds
during the year and 138 companies
made payments on previous borrow
ings. One hundred companies report -a
surplus in 1921, amounting as a total
to $522,777, or an average of $5,227,
while 21 others report a deficit. It
was not determined whether the sur
plus accrued in 1921 or represented
merely the accumulations of more
generally prosperous preceding years.
It is noteworthy in either case that
43 per cent of these compauies were
still able to report a surplus for the
year during which business was de
pressed throughout the country.
Parole From Prison Asked
by Sarpy County' Burglar
Lincoln, May 9. (Special.) Wil
liam Hutter, serving one to 10 years
in state prison for burglary from
Sarpy county, appeared before the
state board of pardons and paroles
to seek parole.
His brother, Fred Hutter, former
sheriff of Sarpy county, was present
and offered to assume responsibility
for him. in case he should be paroled.
'Man Who Twice Abused Wife
in One Night Is Fined $10
Rude" Benish. 1415 Chicago, who
attacked his wife Monday night and
was twice arrested, was fined $10 in
Central police court yesterday morn-
ing- and ordered to keep away from
his wife.
' "When oil and. water do not mix."
. Judge Wappich said, "one is foolish
to keep trying,"
What Didja Do Yesterday?
i v.i - itcv nm r
LiX I I LAlN 7 j'L J Ukfal
TOt' X,. . . J w W U "--l I
At c .. u c r Itition states that Sonimers, who
jircii-wcss ucn w.unr contracted to buy eight thares oi
Louis Sommere. Omaha grocer, stork in the Ak-Sar-Ben enterprise
was sued for $800 by the Ak-Sar- at $100 a share, refuses to pay or
Ben Exposition company, The pe-1 live up to the contract.
. .
m mmm,
;m' - L1922 j 'ill
. '.:
i i Komnsnoz Tfv yuirrot i ii i
II I 1WV IWI UMWVWW III III .
Pill Successful men will tell vnu 111
I! Ill II that by the practice of a few 1 1 j
Ii nomeiy virtues tney nave i
achieved their present position. ' , , 1
Chief among these are honesty. ' '
thrift, industry and a good bank '
ing connection. The latter is
often a very vital factor. A bank
I Ullll! aiiuuiu uc iuuic nidii t mere nil ill
l depository for your money. It !M
llll snouia be a mend ana an advisor, III I
Jill one to whom you may come for . v
i suggestions and counsel. ill
II The First recognizes that on Ill
Dthe success of its customers de '
pends its own growth, and spares "' "- I
no effort to helpfully co-operate L
with its customers. ' I I
in.. . :
I ITirstNational
iBank of Omaha
' i '
b-i&SSSIELhi
The Century-
on a scenic highway
The water-level route of the
New York Central Lines
' the route of the Twentieth '
Century Limitedbetween
Chicago and New York, fol
lows a natural highway of
great beauty, including . the
. historicvalleysof the Mohawk
and the' Hudson.
"Onriiry" Wtitbomi
Lv.NcwYork 2.45 p.m.
Lv. Boston 12.30 p.m.
Ar. Chicago 9.45 a.m.
fi "4jtt'
"Century" Eastboun J
Lv. Chicago 12.40 p.m.
Ar.Boston 12 noon
Ar. New York 9.40 a.m.
Omaha Office: 808-809 Woodmen of the World Bldg.
NEW YORK CENTRAL
Janitor Suspect
in New 'Con' Game
Delrctive Telia of I'uric
Scheme Utetl to Mulct
Victiwi.
Sam Paivt, ho cUimt to be
janitor, 3854 'Lake street, at ar
retted by Detective Harry Buford
in front of the Omaha National bank
building at 10; JO yrtterday morn
ning for investigation Into an al
leged confidence game.
llere't the game, the way Buford
tells it:
One of the men stops a proi
perout man in front of the bank, rn
gaget him in any tort of agreeable
conversation and just when another
man comet along, ttoopt at if to
pick up a purte and the firitcomer
grabs the ann of the tktiiiMo bt
and says;
"Sh h-h. Ste that Se ht?HI
They step up and cuh the pot krt
book finder, tell him thry saw him
get the purtr, and the three ot them
go around the comer to divide it
Hut inside is Sioo.bill, IhiH the
mun mui change before he can get
bit share, and by the time the to
en we through with him, the $100.
bill, bit change and hit share, all
are gone ith the two tlkk strangers.
Three Principal to Retire
Martha L, Powell, Mary Keid and
Jcanette L. Woodward, principal ot
Long, Franklin and Lake Khoolt,
reipectively, will be retired at the
end of the pretcnt ichool year at
their own request. Thrv have been
on the teaching force of Omaha foe
JO year. Sunt. J. If. Bcvcridge
said he regretted to lose these clii
cirnt principals.
AUVKBTiaCMEMT
EXHAUSTED fl
1
Ml
K
MAK
FORCE CAUSES
A1LURES
E
NUFE
Doctor Telia What To Do
Vi'ht your nerve (ore bveemts cak
tntd, til lb vital organs ot jreur body
let thrlr normal strtaalk an4 vigor,
tni -si a rtsull, all ln of alarming
ymptomt may appoar, such aa atrvout
irriUbilitx, baart palpitatioa, Indigwilpn.
pains ( Ibt front or In l bark of th
baa, nor atpoeially at Ibt bait of lb
brain, and gnral knd. run-dowa
condition. In auch caa It's ara than
fooliih to wait year tim uVlne ttimv
tating mdlclna or nareatit drugi. Your
itarving Br ctlls mait hava mar
atrvt fore, the amt ai a itarving pr
on muit ba food. Tbia it bait as
eompliibd by lnerailng th activity and
power of th. ra-forr making organi,
th principal en of which is th blood.
This can b quickly and moit affectively
accomplished by th fro ui of Kuxated
Iron, which not only Ineraam th ac-
livily of th blood-making organi. but
It fda tru rd blood food directly is
th blood Itielf, thereby betplne la (real
millions of new red blood celli. This won
derfully inrreatei the oower of th blood
to help manufactur new ner fore, th
lama aa enriching th sail Ineroaaes Hi
power to grow more wheat, ear or eat.
It you ar auffering from nerve fore
eihauition. you ran quickly and eailly
prove to yoanelf th power of Nutated
Iron to kelp overcome your condition and
mak you atrong and vigorous again by
th following timpl teitl Mak writ
ten memorandum of all your aymptoms
before you start, then at th end of two
weeks, go over your symptoms again and
place a check mark after any that ar
left, and you can at enca so what It ha
don for you. If you hav not obtained
moit aurpriilng reiulti, all and oven more
than you oxpect, th manufacturer will
promptly refund your money.
Have you seen the
4
New Oakland Six?
The extra good
looking car that is
as good as it looks
The New
Oakland 644)
AiUEtJTlnKIIKftT.
i;iD;iEYTnOU3LES
Cttojittrd er Meaty teSt
Foe r. aata Pr. Caiwy. I ha'
keen oreeenbing my rRraCglPTION
No, lit far kjidaey and Pladdee licknae
II. money back If diiiauified plan.
If you ar lired, mieerakla, tortured
nk atgng barkaeke, lameaeei, aeui.
damng pea auhjeet to diiuaei. kead
aekee, llew ikia. pufdnee under yur
etee. eadncy to rkeumali pame, aad
aiadder diwder, look to your Kloaer.
Ien'l wait. Cet yaur kwalih back wkilo
you can. Drink Wta of goad, pare woe
and eiart at onto taking Dr. Oarwy's
PlkacairTION NO. TIT, Llouid or Tab.
lei. It ha wonderfully Benefited leu
af thouieadi. Reeults guaranteed. Vee
emmended and aald by Ik t gherma
MeConnell Drug Slorai and all druggist.
Insist on genuine.
Oakland Motor Car Co.
Oakland Bldg., 20th and Harney Sta., Omaha. Nab.
Telephone ATIantic 2929
r
L
1
RINGWORM
BABY S FACE
Awfelly. Criktra Hds.
M When my baby wag ttxroa yware
old plmpka broke out on bta meo,
undar his eye, end Jeter turaad la
riogwenn. Th ringworm wvaaboot
the alee of ftfty-eeni plaos. and
Uchad and burnad awfully, Tbeekia
was ewouan and red.
"The trouble laetod about all
woake. I began ualng Cutkura Sonp
and Ointment and after uatnf one
cake of Cutteura Soap and on bwi
of Cntieura Ointment ke was cecaw
elately healed." (Signed) Mr.
Prank Snyder, Boa 112, Fluudweod,
Minn., Aug. S, 1921.
Make Outteara Soaa, Ointmanl and
Talcum your tvary-ciay toUat promt,
rations and watch your akin Improwa.
USE BEE WANT ADS-THEY BRING RESULTS
;iii::ii;iTO:'iiiiioii'!.iiiif;l!ll!i;iiiiiiiiiiillli; nilllml!
980 S
OOE
Becomes $1O0
a
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Application For Treasury Savings Certificates, New Issue i
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