The Plattsmouth journal. (Plattsmouth, Nebraska) 1901-current, May 03, 1928, Page PAGE FIVE, Image 5

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    THURSDAY, MAY 3, 1928.
PLATTSMOUTH SEMI WEEKLY JOTTRNAI
page five
PILOT
at the
Parmele Theatre
ONE NIGHT ONLY
Friday Evening, May 11th
8:00 O'Clock P. M.
SMILIN' THROUGH
A romantic comedy in three acts. A play
well worth seeing and not just a silly farce!
RESERVED SEATS ON SALE
at Box Office of Parmele Theatre
IHURSDAY and FRIDAY AFTERNOONS. May 10-11, from 1:00
o'clock until 5:30. Prices: Dress Circle, 75c; all other Reserved
Seats. 50c; Second Balcony, 35c. Please make reservations early!
tion fee provision objected to by
President Coolidge, but in other re
specas has been materially revised
since vetoed a year ago. If, however,
the house passes the bill, it first must
be returned to the senate for an ad
justment of differences that exist be
tween it and the farm bill recently
passed by the senate.
The Ttoulder dam bill, in the event
that it successfully survives the bat
tle in the senate, must be ac ted upon
by the house, and with the adjourn
ment for congress rapidly approach
ing as well as in view of the opposi
tion to the measure it will be im
possible for its friends to get the
measure all the way through the ma
chinery of the two houses.
The tax fight in the senate at pres
ent looms as the biggest political
battle of the session with democrats
holding out for a tax cut of about
$100,000,000 more than is favored by
the administration.
Court Orders
W.O.W. Chiefs to
Return Fund
Lincoln Judge Holds
Lodge
Funds
Illegally Invested in Old
Line fctojk.
Congress to Get
Farm Relief and
Boulder Bills
House Leaders Expect Final Vote on
McNary-Haugen Measure Some
time This Week.
Washington. April MO. I'uugi ss
will wrestle thie week with two ma
jor pieces of legislation the Swing
Johnson Moulder canyon dam bill and
the McXai y-IIaugen farm r lief mea
sure -with considerable speculation
on their chanc. s of becoming laws
this .session.
In the senate the fight which start
ed on the ISoulder dam bill last week
promises to continue without abate
ment until Thursday, when, unless
the bill should pass it will be dis
placed to give the tax bill the right
of waj
lp until that time it is expected
that Senator Johnson (K), Califor
nia, will continue his battle in be
half of the Houlder canyon proposal
with Senator Ashurst I1. Arizona,
maintaining with the equal vigor the
opposition that his state from the
fust has voiced against the bill.
Vote Expected.
The house will resume debate Mon
day on the farm measure where it
was dropped Friday afternoon when
adjournment was taken out of re
spect to Martin Madden of Illinois.
House leaders expect a final vote
on the farm bill late in the week
with indications that the measure
again will be able to muster suffi
cient strength to obtain another trip
to the White House where its wel
come is problematical.
Equalization Fee.
The bill still carries the etpualiza-
Wheat Prices
Rise, Then Halt
After Conversion of "Paper" Pro
fits, There Is Another Sell
ing Deluge
Chicairo. M.iv 2. Anxietv 1o real
ize on "paper" profits halted the ra-'
pid rise of wheat prices on the Chic
ago Board of Trade Tuesday in the(
face of developments which usually
boost values.
The gigantic selling wave which "
inundated the market at the out-,
set Tuesday disregarded such "bull-1
ish" factors as an unofficial report
of a decrease of 1 2 2.U0.MMI bushels
in winter production. Cry weather
over the wheat belt and high winds
in parts of Nebraska, Colorado and
South Dakota.
After the "paper" profits had been
converted, the price of wheat swung
upward, but in the final hour of the
market there was another deluge of
selling.
The figures were $1.65 1-4 to
$ 1 . 6 ( 3-S for Tuesday, as compared
with $1.70 to $1.70 1-4 for Monday.
With the prices steadily ascend
ing for more than a fortnight and
culminating Monday in climbs to
dizzy heights, much wheat was sent
in Tuesday from the northwest for
sale at the advantageous scales.
Omaha-I?ee News.
There is no siacK oasiness period
for the merchant who advertises hii
goods the year 'round.
V
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and Brassiere, Top Step-in Chemises
UNSING
ear
NOW, with the ushering in of the belated Spring season, there
must needs be new under apparel to go with new Spring dresses.
And. certainly, no choice could be more pleasing than these lovely
Munsingwear rayon underthings which we are now shoving. Soit.
shimmering, delicate tinted long wearing they are the ideal foun
dation apparel, everywhere preferred by discriminating women.
MUNSINGWEAR rayon undergarments are
tailored from a fabric of unusually fine qual
ity. A fabric delightfully dainty and lustrous
in appearance smooth and luxurious in feel.
Because of the smoothness of the fabric, Mun
singwear rayon undergarments have no ten
dency to cling to the body or to bunch up
even under the closest fitting dresses. A
factor which insures the wearer's appearance
and comfort. Prices are moderate. Choose
now for Spring needs.
MUNSINGWEAR RAYON VESTS
Stive :ilX Bodi'e top vests, almost a:- long
is a chemise, with h If straps flesh, peat h.
orchid, etc.
Price, $1.50 each
MUNSINGWEAR RAYON BLOOMERS
Style .191 - Splendidly reinforced, full cut
bloomers. lecturing famous. Munsingwear
comfort rotel, - peacli, th-sh. orthid. beit;.-,
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Price, $1.95 p;tir
MUNSINGWEAR RAYON STEP-IN
CHEMISES
Style J a Smart for Sprint' da in mi. Ili'v
"comfortable step-ins have bodice top with j-.ide
openii.g. Choice of flesh and p a t.
Price, $1.95 each
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Price, $3.45 each
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Plattsmouth, Neb.
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Lincoln, Neb., April ;:o. The ac
tion of V. A. Fraser. sovereign coin-
mander of the W linen of the
World, and others, in allegedly using
two million dollars of W. O. W. funds
to organize the Gl he Lite Insnr
ance company was illegal. District
Judge Fred Shepherd held today in
finding: for the plaintiffs. W. H. Price
of Lincoln and others in their suit
seeking to have the Hinds returned
to the Woodman organization.
Judge Shepherd's cree was ten
tative and after it was ready to in
terested attorneys today, a confer
ence to complete details was arrang
ed. The formal decree will be filed
as soon as details have heen deter
mined. The tentative ruling ordered that
the Woodmen officer-, take hack the
two million dollars used in organ
izing the Globe company, an old line
life insurance company to he oper
ated in connection with the fraternal
organization. That ligure will he
modified to allow for stock sold by
the Woodmen company and paid for.
Judge Sht pherd - t the appeal
hond at four million dollars, hut as
the defense immediately enteted a
protest, that figure may he altered.
A finding of fraud also will he in
cluded in the decree if the plaintiffs
desire. Judge Sheplu id said. There
is no douht, he said, that the offi
cers o the companv km-w that in es
tablishing the (Hob-' concern there
actually would he harmful rather
than friendly compel i ion.
Inasmuch as the Wo. id man c m
pany already order l a bill of ex
ceptions, it was considered certain
today that the defeii- will appal.
Case to Be Appealed.
The case will be a ab d immed
iately to the stipienie ini'.it, said .Ml.
Fraser, after learning 1 l Judge Shep
herd's litiding.
"Because of the importance of the
decision we will ask that the case
he advanced upon the docket." he
added. Mr. Fraser said he and legal
representatives of the Woodmen have
not seen the decision, lie added:
"It seems Strang- to me that
where the laws of N hraska do not
prohibit such transactions and the
Wonilm'ii of the World has all its re
serve intact, with a surplus of more
than 11 million doll. us and a gen
eral fund of more than four millions,
the men owning that money would
not have the liuht t do anything
with they money they pleasv so long
as it is. in their judgment, beneficial
to their organization ''
Mr. Fraser said the decision is, lie
hopes, "only a temporary set-back
to what I anticipated would be in
the very near future Nebraska's
largest life insurance company.
"There is no question in my mind
but that we will win ultimately,"
sai'l I). K. Bradsha v. general attor
ney of the VoodiTvn. "I am sure
wo were within our legal tights- and
feel confident that the supreme court
will uphold our contention.
"Mr. Fraser did xactly what th
sovereign camp directed him to do,"
Mr. Bradshaw continued. "The sov
ereign camp directed the organiza
tion of the new life insurance com
pany, and made the appropriation for
it." Wot ld-I let aid.
MAKES FAST AUTO RUN
Atlantic. Ia.. M.y 2. A new speed
record for pleasuie cats on the road
between Atlantic and Council Bluffs
was made Monday night by O.
Johnson, manager of the Atlantic and
Strand theaters here. Johnson made
the trip of r, 1 miles in F 1 minutes
actual running time. In Mi minutes
from the time he bit Atlantic he
was in Council Blufls, and in the
meantime he had stopped to bt a
truck cross a bridge and had changed
a tire. L. Hudit-M Atlantic man. ac
companied Johnson as official timer.
The race agains time was made to
settle an argument between John-on
and Costes Papathakos.
FORD TO MAKE CHEAP
AIRPLANES IN ENGLAND
London, May 2. Henry Ford is to
embark in the mass production of
cheap airplanes in Kngland. it is an
nounced by financial circles. He will
operate in agreement with Handby
Page, who is now in New York,
working out details.
NEGRO NOMINEE PROBABLE
Chicago, April 2 S. Select ion of a
negro to replace Martin Madden,
"watchdog of the treasury." a repre
sentative for the First Congressional
district of Illinois, seemed increas
ingly probable tonight. The choice
of a candidate whose name would
supplant that of Madden on the No
vember ballot is a matter for the dis
trict committee of the republican
party, the attorney for the ele.tion
commissioners held today.
This. body would be the ward com
mitteemen for the five :-outh side
wards in the First congressional dis
trict. In other days this district was
one of homes of Chicago's financial
and social leaders. During the World
war and after the lake shore drive
district and some of the districts to
the north caught the fancy of those
then living in the First district. With
their exit came the negro population.
Two of the committeemen are negroes.
AMERICAN LEGIOM
DANCE 1 '
Plattsmouth, Neb.--Saturday Night
Barn Yard Twins Orchestra
FREE LUNCH GO CENTS
Bank Reserves
Higher in March
Than for Years
Report on March 10 Conditio:1. Causes
Rejoicing- at Capital Believe
Period of Failures Over
Lincoln. April 2S. The final proof
of the Nebraska banking situation
pudding, made public today by Clar
ence Bliss, load of the state depart
ment of trade and coinmer. e. was th'
"big talk of the day" around the
state i apitol.
The regular report of the flnyn ial
condition of the state's 777 sound
state banks, announced by the de
partment this afternoon shows that
these 777 Nebraska state banks that
have weathered the storm, have an
average cash reserve of 22 per cent,
which is the highest average reserve
reached by Nebraska hanks in many
years.
This reserve, (he report shows, m
healthily on the increase. It grew
from IS per cent in Deceialc r to 12
per cent on March In. which is the
date of the all upon which today's
report is based.
Shows Sound Condition
The report was the occasion of
near-holiday rejoicing around the
(apitol. To officials who know about
such matters it proved two things:
It proved that the Nebraska hank
guaranty fund commission was speak
ing the truth when it announced
some days airo that all of the disas
trous bank failures to be experienced
were now past, and that the losses
from now on would he small. It also
proved that these 777 remaining
hanks are i;i extremely sound condi
tion, and that now that the weak
hanks have been all b ailed out by
be guaranty fund. tile state-wide
oiidition of state hanking is bet ter
.l.an it hai- been for many, many
yei.rs and growing ;ti!l better.
"'t will be n. ted." said Secretary.
Hiis.s in making public his report.1
"that 777 barks in Nebraska under
the supervision of the department of
'raCe and tomim-rco show over ten
million dollnrs n ere ( ash on hand
than s'i.1 batiks showed last I)ecen.
ber. The 777 banks reporting at this
time also show :5..1"t.ittot increase in
bonds over the sr." banks reporting
in I ( ember.
Ten Million Reserve Rise ;
The total cash on hand tit this
iin'e and the Liberty and other s-al-1
able boivls made a suf;i'-icnt reserve
in the banks to pay off more than!
one--! hi rd of all the deposits. The
ash reserve of the banks is 22 ' r
lit, whicii is the hiuh-st reserve
tint has been carried by Nebraska
banks for many years." he added.
The reu -on only 777 banks re
pined on the present call, compan d
with S.-jT, on the call for Dectmber,
is that in the meantime the st-i!e
guaranty lund commission withdrew
all the banks which it had been op
erating as "going concerns." but
vliich wire, plainly speaking, failed
hanks kept in operation for polity's,
ake.
Bit ween 1 let -ember and March do
ptMts in the slate banks t.H from
27 1 million dollars to 27" million
dollars, but the meantime the cash
reserve had risen from !! million
dollars to .".! million dollars ami the
bonds carried from 2 million dol
lars to 22 i.iiHien dollars. Real es
tate holdings fell off from 1 million
dollars to 1" million dollars.
The March statement shows loans
and discounts of 1S!I million dollars
in compari.-on with deposits of 27"
million dollars. For the quarter, pay
ments to the state guaranty lund
totaled :'j thousand dollars. Capital
stot k. surpois. undivided profits ;:r.d
unpaid dividends totaled :;n million
dolla rs.
Rail Car to Go
Four Miles Per
Minute Soon
Air Propelcrs Fore and Ait Will
Speed it Along, Suspended
From Overhead Rail
Berlin. April 2!. The Twentieth
century has been characterized as
the century of sp d, and inventors
all over the world, especially in Ger
many, are curgeling their brains to
devise quicker means of preceding
from one place to another.
One of these schemes whith will
soon be realized is a monorail elec
tric railway with a spherical car re
sembling an airship, driven by a
prop lb r fore and aft.
This car, designed by the const ru
eompany, is expected to travel a a
speed of 22.", miles an hour. The
mono-railway is to run between the
liuhr mining district and Berlin.
"Gills" Cool Motors
The car, suspended from an over
head rail, will travel with an ingen
ious airangcnent of ball-bearings to
minimize the friction on contact with
that rail. The car is reversible, oils
itself automatically, and brushes the
monorail ( lean by a couple of brushes
fixed in front of the opening to the
ball-bearing (ham her.
The four electric motors are air
cooled through openings like a fish's
gill.s and the air after passing thru
the engine room escapes by bemilar
openings.
A Dresden engineer claims to have
invented a ship which will suck it
self through the water and utilize the
power required by the water passing
through the ship (instead of being
pushed aside by it) to propel the
ve.-.si 1 forward.
Wind Propellors
Another promising developtii'-nt of
speed for Atlantic transport is found
Jbr Economical Transportation
1
3 1 HU kk. 'W-l mm L K .x-. l.-.ljb -' Bk w
Summer! Tle cr.il of the rorc? of p'ea-,mt !ri:)- ocr
winding driveways ! How vill yet: answer it? I'.-.i-are
few persons who cannot all or J tlio pleasvin s of a
p-ood Used Car (and it is sheer foiiy to buy any h i. -
pooci one 1 rom a rpuU.-bie dealer who will stand Ivhiivl
it) at the low prices a ad ea-y term we nr.- diet in" i
Value
s
1027 CHEVROLET COACH IV kc-v. oalv 4 000 mil'-.. Just !.k:
new cr.
a.!
tiv,
onneter and buidfcis.
You rlnV, rce a l-.aicr.ri liVp Ibis everv d;W. Prictcl r.t . D
1026 CHEVROLET COUPE E I r ck . trir.iv.od ia ml. UphcLt-rmg'.
tires and motor i: A-l dir.).-?. This car v. ill rl'a-e
you. Snmll knvn paync-nt. and easy terb.s
195 DODGE COUPE Era-id new j-ainl. Has U&
br: i gl care. An t rucir.ical c-n- to b;:v nt
Jieveri bocft bszti rords
$31
$400
1326 Fold Courc vki? p.ru -vher rrtras) j,t $550.0.0
Ford Coune 5320.00 185.5 Fo?d Touilnu' 100 00
1 020 Ford Ccupe 235.00 i?;4 Ford Tourin- T5.00
1924 Ford Co ape 200.C0 iiC5 Ford Touiiny ;"00
132C Ford Ccui.e 100.00 Ford Touvini; 55 00
1S23 Ford Coupe 85.00 102? Fcrl Pvoadster 50.00
Ihrec Used 'irucKs
1027 CHEVROLET TRUCK light delivery lr.odd.
Driven. only 2.000 miles. Like new. Evy terms. Only
1927 FCRD TP.UCK Ri.cksicel z:h dv.il starter.
Snail down pav::i"rt and ea;y tetrns. Price only
1C22 FORD TPJCK Has I92G not or. Cbais and
tiros in good shape. A ly-joivjid r.lu2 at
1923 India:: I.Iotorcy..-ie. with Si:le Caa runs rood. S:-0
$425
$359
Sissif m m lleraei?
CHEVROLET DEALERS
Tckpiione Kmnbor 255 Opposite Coiut V.ci c
Plattsmouth, Nebr.
ill llie lis.- (if OH- or ll-.aie V.ili.l l'l'"-Tp, Z"1?
,.,.Iers on a rlidin Loat or !:.!,'-, fjOVCt'S LilOSCn
Iiia lie.
A. desitin h..s a!-o bei n ni:
a transatlantic
i-.r
sviii(i!'on'Mi" v, l:i -h
will sl.im ov. i- the e.mi.-e in iiall":
tile time reipiiretl li.V I - lie. le t of
"ocean f,'ieyln hi li (!.-!." It will In- con
structed of t'.nraluinin and st-el, wi;ii
two I I : - 1 er nines of ;.e.Hi Ii. p. as
a lint-r to tarry Hen pa -s ncrs. -Oniaha-ja-e
News.
COPPER EARNINGS DC'aN
lo he Keynoler
bv Democrals
Convention Honor Goes to Nt w Yoik
World Editorial Writer Is
Foimcr Indiannn.
W'nsliinptoii. April Cl.nid I.
I'.owi is. editoiial wiittf on the w
"'ork Kveiiinj? World ih si 1 i tec to
day to deliver tin- Keynote s j e. ! at
jthe dt moei at ie national eonxcrii ion.
t a ri'.ettin of the men, I,. s of
Xew Yo;k, Ami! Z'.t. Tli-
it'io't of the Anaconda Topper Mi'i-
int? et.n. p y issee,! tod:ty sli'i
eai nia.i;s tif '!."7 o.i ils- ei;t-.
i ...i.i.i
Manu:ni s-ti.i k as comuluc, f,i(i ,,,,,,,.,..,, j(. I!Mtio,,al rmuniilif
.,'t..t in l!'Ji. (harmed with tnakii.u a 1 1 a ii.-iii'iii s
Xet income Ml ii. in $ 1 t.LM,.i. (.ollv, -,, inri. :,,Weis' r.anm
in V.rj:; to ? 10.1-1.1 11 for the .ast I , . ,)v . . y.,.,,
vinr. Tie was a 1 1 I : h 11 N-d ' , t. ......',..... -'. i ... ;
liv ol'iio-is of t!i" eonipuiv to eurla:l-
id operations and now ptices as tli"
y-ar lfJ7 was- not a part tenia i ly
pro.sj) roil ; one for the nontcrroiis
1,-1. T a 1 indnsfiy as- a v.hoV. Suijiiiis
for the year v- as S , 1 L' 1 . 1 4 1 as
atain -t $.j.'-lM,-0:; ia 1 ! 0-
Sacriike
A m
H ir-nihlt'n Von e..mtnittee expected t.efore the,, to
JL 111 f.iltli. K Mti'C aciee on a iteornniendntion. Anions
Inn-'- nn ri t ioneil foi- ehaittnin are
: Sen at trs llohinson of Atkan-.'is ale!
Marl; ley of lCentneky and Kcpies.n-
of Soiitti Carolina. His election wh
una nini'iiis.
llo-.veirf is a fornu'f Indianan ar. l
the author of a ii n ruber tf hook
built around histoiical evtiits in the
aily days of the Atneiican lepublie.
Chfirman Not Conciderpd.
N o eonsidej a t ion v. a s niv-n today
to the sehction of a ii'inianint of;
vent ion chairman. This post will he
hlhd when the -fin vt nt ion actually
gets under v. ay, with the national
committee expected hefore then to
lion. - hold Koods consimied to Ihi
sale iron: three ood I'omws.
. .i i'.: ... .1.. : fi-.. ,.
:- 1 " ' ' """ " " tative (Tipp of fJ.oiTia.
ed la,t w.,k we now have a very ( ,ns A. (; ,,,, t house. Indian..'.
hi-!, crade n.ehoany case p.ano will., n.li,,n;il r(,m m i 1 1 eem a n . was nan... I
h. n. li; .me M.lni mahogany lihrary 1,.(..,.t;jT v f rMnventi.,n. It. pre-
Taiii'1. T WO Oil K 1 I I i I I I V I ' III'
t - 1 .
mii'K.i.i. a x nn:,., Niani.-iilarlan. and Patrick .1. Haiti-
one port h sec two porch swings; t,..ni H , k Haltt'au hol-N
on" hather .ou.,: one veiour v-t..f ()(.st jn (f ,,,,,,..,,,,.
eri d couch; ten inL'Ii frrade 1 a t iie;- , f . f ...
seat am! l.lain oak r-.fk"r.; wi- lar.j Xo fi,,a, ,.,,,,.,,
!'-' eiek vt lour upholstered rock r: . fo,. hroidca-tinc conv. ntitm proced-
two roiin. I cNitn-.'.on iiu """"i int!s. The coiumittee was advised that
tables: two square tables; d t n i n r , XaTir.n;il Hroadcast inc Co. hd
of:!ed the same facilities it i- ai
rarpin Xv the republican cnv. ii-tion.
o!;e
IMi ;o;i :
Mutative Cr-nnon of Missouri, pat-
POTOMAC RIVER RISES
rt.oin thnirs and kitchen . hairs; thre
l'rii..-css dressers, with lare niirrors;
two v.-alr.nt tlressers; three oak !rcs-
;-.ers; six h ils ct niidt te wih e.tra
f;,ioi mattresses; jic bed springs; tv o;
artny ccts: three military cots; t. wo J
corntnodes; Vnitv dresser; three oakt
hufiets: two breakfast sets; two kit- lial'imore. Md.. Aptil M'lt-
chen .ahin.ts: thr.e Mt'-ln-n table ; in snow from niountain stu-.-m
one extra h. aw kitth.eu work talde: i i,r"n in- i,lt" 'iPP'-r Ifto:nac ii-. r
one I'ride kitl hen ran-", p olislied eontii in .1 to menace hc-i ions of w . h: -
top wftli reservoir; one '. r.il J 'rn 'land and nrti th.-ast. in W-t
stove, like new; one copper tub b c- Vil -iaia tonight with the first sp. II
trie wash. ,-; one extension tirop l';af:r ,,"ar wather toliy.
table, with five extra haves; two "P'Ms from Hafcerstown Mt-I
duofol ls; one- !.12 Axiain-ter rii!? : I ,b:it ,n" ''"'""""''C had risen 1 :: f . t
at ii upei s r m y, v . a., in ii.
two small oval Vtlvet ri''
JO fe t
of pot d stair carj.et. Many small ar-
Jast 12 hours, while th- town of
Itichs not .Mentioned. J;v,.rvt hi llf. u ' mamsp. 1 1 . Md.. m-s-a t h at the
! sues at a -acriliee. fiiyi.m was continually riMns at that
jioi 1 1 1 in'ii1 a l -iooi 1 1 i i ia ii i. i ii
reached.
The rity of Cumheihind was
brought out f-f isolation toniuh' v-jth.
a PinI'- wire f ! 'ui h.: i ' in. e. Inn .--
pOi'S f'!' d.i'C!. - Ot 1 !e IV'.'.llim
. See lh.se ptxah; at North
nth street, I'rst huildini!; south of
I Telephone Kxc-liai,t,e.
I ?. C. CHRIST.
Telephone 615. .
have not !.". n forthc'iaiui;.
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