Nebraska Newspapers

    Speakers for
Teachers' Meet
Are Obtained
President of National Associa
tion Will Be in Omaha
for Convention Janu
ary 18-20.
President William B. Owen of the
National Educational association and
head of the Chicago Normal school
and Frank Cody, superintendent of
schools at Detroit. Mich., will be
among the principal speakers at the
fifty sixth annual state convention of
the Nebraska State Teachers' associa
tion to be held in Omaha. Jan. IS, 13
and 20, according to an announcement
just made by the secretary.
According to the call for the state
meeting made by President W. II.
Morton of Beatrice, the convention
will be somewhat different from the
state meetings of previous years, due
to the new organization, which aims
to take the association meetings out
to the teachers. This has been ac
complished through the district meet
ings held in October.
"There is need, however, for a state
meeting of a general nature,” said Mr.
Morton, in his announcement, "At the
sr.-ite meeting school folks from all
parts of the state may come together
and discuss their problems, renew ac
quaintances, end plan for the future,
of the whole state, It is at this meet
ing the delegates assembly will meet
rod where the business of the assoc
iation w ill be transacted.
Tlie superintendents and principals
association wilt hold Us regular winter
meeting during the state convention,
according to E. M. llosinan. secretary
of the Nebraska Slate Teachers' asso
ciation. Plans ate being made for an
Interesting meeting of tlie stale high
school athlc'lc association during the
pap nt association meeting.
Delegates to the convention have
b« < n asked to be on hand promptly on
the morning of the first day, January
3 k.
The Western Passenger association
has authorized the sale of reduced
tare round trip tickets of fare and one
half of the current rates, with a min
imum one dollar for round trip.
Hitch ticket will only be sold on pres
entation of identification certificates.
University Women Students
Will Learn Use of Rifle
Women students of the state uni
versity will have an opportunity to
learn how to sl\oot with rifles, ac
• oi UlnK to plans .of the military de
part ment. The Women's Athletic as
sociation is sponsoring the new move.
JMaj. Sidney Brickson haa offered to
furnish the instructors, rtfle, cart
ridges and targets.
University of Nebraska
“VUe’d Ilk* to pec how It happened '•
Mid Notre Dam* in writing Dr. George
jB. Gondra. director of the oonservat loti and
•urvey division, for a film of the Nebraa
Jca-Notr* Dame clash Thanksgiving, when
the Gornhuskera defeated thgjr strongest
rival of the season by a score of 14 to
*■:. Doctor Condra sent a film of tha
|»mf.
The women'* Cornhubker party and the
pirn's f'ornhuaker banquet, annual event*,
will bo bold December 16—a closed uni
versity night. The banquet, which ia In
honor of the football team at the conclu
sion of the season, and this year also at
the conclusion of a successful campaign
for the memorial atadlum. will be held at
the Keotttah Kite temple. Robert M. Joyce.
J mt uln, will he toastmaater. The wom
fti'H parti, which will be held In the Ar
mory, ia In charge of the Women's Self
Ciovtrnment association, which fo»t*ra the j
party for the purpose of getting tho
women students acquainted with the uni
> f rally.
Nearly 112.000 has been earned the last
three months by university student* who
got work through the student Employment
bureau. William G. Alstadt. Norfolk, secre
tary. During October there were 526
applications for work; during November,
SH6
The Omaha club of the university of
%vhhh Judsoti Hughes is president, met
Monday evening. Forty-five attended.
Coa. h IT. r. Schulte spok*
Increased Interest In debating ia Indi
cated by the organization of the Forum
by t lie freshman law students, at the first
meeting of which the repeal of the Ne
braska cod*» law was discussed. Seymour
Srrlth. former Bellevue academy debater,
end Welch Pogue of Grant. Ia . (Nehras
}<\ debater against Soulb Dakota last
April) wero the leading speakers. Dean
V. .N. Seavcy and Prof. M. M. Fogg are
•pop-ora of the society.
f.a Tremaine, a dramatic club recently
fortmnl at the university, will preaent thie
v«ar several play* In French. The comedy,
•‘Edgar et sa bonne." by F.ugcne Lablche
aviM be presented December 16.
Pour courses will be offered by the col
|rg.-« of agriculture In the session of the
v t iter short courses beginning January 1.
►j hlfl wo.*k Is off* red mainly for farmers
• n.| their sona who are busy most of the
sear but have a little leisure in the win.
to.- Boys 16 vest a old or over may enter.
The four-weeks auto*mec,hantc course
b-tfinn January 1; the general agricultural
course op“ns January 22. and runs for
four weeks; a one week poultry course will
ptart January S. and a course of one we-k
in it-c cream making begins February
I \ iuuior department in the annual corn
• how of th<- Nebraska Crop Growers hs
•notation will be held at the college or ag
riculture January 3 to t a* part of the
meeting of organized argtoulture. January
2 to 6. Boys and girls under IS are eli
gible. The one showing the 10 begr ears
of d^nt corn will be awarded IS and will
have hia or her name engraved on a silver
University basket ball teams will play
in the armory this winter Instead of the
coliseum at the state fair grounds. The
armory hns beer, remodeled to aeommoaate
pearly 3,500 spectators The new doora,
runt ing from the ceiling to the floor, be
tween the cjiapel and th* gymnasium can
b' pushed as id*- for games, making one
large room. Scats will be arranged along
the Hide of the armory and in the oh*o*V
JLs\\ glass backboards for the goal* will
Permit a view of the game from any point
in the room.
• Chadron Normal College
Tlie outlook Is bright for as great a
.access on the basket hall court as was
rwently schl-vM on (ho ^riairon. Th*
KIeater part of last year" aquad will again
Ve in suit, while in addition several high
pchool stars win play under the Cardinal
and White for their first time.
For the few wl*o didn't g*t to go home
rvn Thanksgiving va turkey dinner waa
per ved at the dormitory.
V vivid portrayal of western life waa
riei'trt*<3 bv Mis* McCullough of Wyoming
5n an essa^ before the class in western
development.
l’rof. E. P. Wilson, representative of the
Hlith district, spoke on current events In
* Impel Monday. ..
\n excellent program was given at the
xegular meeting of the Alpha Thi PI
^Monday evening when Mias Ethlyn Hart*
Well, who la chairman of the program
«einmlttee. prssented the following pro
gram: Reading. Helen Finch: piano solo,
Ifllia Smith, and etory of the life of Alice
Wr««man Palmer. Dorothea Tyler.
Mill Elizabeth Kastman was hostess at
kHry delightful three-course breakfast
Vr! Jit'.* ^morning In the Normal dhiltig
room fch* waa assisted by AOss Helen
Vaaon Yellow ohrya.ntheniunfc. blend
ing with sunlight through the east *m
dow wera the only decoration. Mlsa
VMtmin'i rueeta wera Mary Reische.
OUdya Renfro. Lillian Rturn, Damona
Pfolllnrake and her instructor, Miss Del
pelt __
Creighton University.
Th. art. sodality has determined to
Hraw on Its self denial fund this month
ter ths relief of Omaha's poor The fund
C ordinarily collected for the foreign mie
Kona but Its dlverilon at Christmas time
Ta tha naedi of horns sufferers has been
■edged to keeping with the apirlt of ths
■eeeon amt of ths sodality.
A Creighton unlverelty chess club Baa
keen formed be students of ths rollege of
^iw. Harold gfc^uae ia president and Louis
Vdonncrnan. otcrHfcf>- . .
Th# preliminary oratorical contest w»n
anit la iks tolled* ef art*.
nn f\Tr' I IF) I? A 't'lJrD iu«i»t«rw see jiggs and macgie in full Drawn for The Omaha Bee by McManus
OrvllN VjliN \J UJr r1 niLIS.-U. S. P.twt OHiet PAGE'OF COLORS IN THE SUNDAY BEE (Copyright 1922)
T>0 LON<i [ [
tT'B BEETS A '
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TO MEET TOO c-J
EMPEROR • c—*
CM.L. ACMN - ID
. LIKE TO HA.VC
TOO VltdT MV
P>M_ACE IN
M rewNij
HELLO
WHAT ARE ,
TOO DOIN'
IN THERE?
r I accidently tlT
VTCP»PED tM THIt>
DOOR • AJN\ >W HM" DO
"XOO TH»NK - | MET
'tHE 5£2DEK‘OR °f
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ho oooerr
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THACV’t> A CHINESE
>M *c>ArSE. A'b'T LUH '
'r i»— ■ III1BMIIIM IIIIT* 1 mflTI
Schedules for
School Debates -
Being Arranged
Kansas Industrial Court Sys
tem Will Be Discussed
by Nebraska High
Schools.
Lincoln—The schedules of first
series debates in the Mill annual con
tests of the Nebraska High School
Debating league, which will bo on the
question of Nebraska adopting the
Kansas industrial court system, are
being arranged by the district direc
tors. Tu the east central district
(PrincipSt C. \V. Taylor, teachers col
lege high school, Lincoln, director)
are eight members, divided into two
groups: 1. Cathedral high, College
View. Engle and Lincoln: 2. Ashland,
Havelock, University Place and
AVaverly.
The west central district (Supt. B.
A. Kennedy, Greeley, director) has
seven members: Ansley, Arnold,
Comstock, Greeley, Mason City,
North Loup and Wolbach.
In the southwestern district( Supt.
J. C. Mitchell, Holdrege, director) are
10 members: Bertrand, Cambridge,
Curtis, Holdrege, McCook, Minden,
Orleans, Oxford, Kagan and Repub
lican City.
In the northeastern district (Supt.
Conrad Jacobson. Wayne, director),
are IK schools.
In the territory of the western dis
trict (Supt. W. J. Braham, North
Platte, director* will be at least
nine schools: Elmcreek, Gibbon. North
Platte, Grant, A'erango. Madrid, Big
spring, Paxton and Ogallala,
The membership in the central,
eastern, northwestern, southern and
southeastern districts have* not been
announced.
Bibliography No. 1 and abstracts of
authoritative articles on the Kansas
industrial court system are being
made by members of the University
of Nebraska 1922 debate teams against
Iowa and South Dakota.
Wayne Teachers College
With the end of the Thanksgiving vaca
tion k large number of young people en
rolled In the short courses and will attend
the college until spring. These in addi
tion to those already in attendance make
the present numbers the largest in the
history of the institution except during
the summer months.
A recent inspection of tb* h'*me ad
dr eases of students reveals that 13 state*
and the Dominion of Canada are repre
sented in the institution. Tho states are
as follows: Oklahoma, Missouri. Kansas,
Colorado, Michigan. Wyoming, Minnesota,,
Iowa. South Dakota, Maine. Washington
and Nebraska.
Thursday the Wayne college players will
present in the auditorium two one-act
plays from the Harvard plays, "Three
Pills In a Bottle * and "The Flori't Shop.
Miss Alice Pearson of Teknmah. Hass
of 1919, has been secured to substitute in
the mathematics department until the
fir.»t of January, when Miss Ruth Pearson
of Concord, who has been elected ^o fill
the vacancy made by Mrs. McKlnsey’a
resignation. Is able to be here.
Midland College.
A number of student*, mostly boys from
the farms, are enrolling to take work in
the winter course offered by the school of
commerce.
Superintendent A. H, Waterhouse of the
Fremont city schools gave an address in
chapel. As this week Is being observed
as national education week, Mr. Water
house brought out the four points being
stressed, our national Illiteracy, physical
training. Americanism, anri equal oppor
tunity for education.
The T. W. O. A. and the T. M. C. A
had & Joint meeting December fi, in order
to hear Mr. Davie, a. missionary from
Toklo, Japan, speak. Mr. Atkinson. Fre
mont T. M. C. A. secretary, led the devo
tions, and Mr. Davis spoke to the students
concerning our relations with foreign coun
tries and especially Japan.
Bank Clearings
Reports of bank clearings for this week
and the corresponding weeks in 1921 and
1 f»2ft are all for the full business week
of six days, so that fair comparisons are
possible. Clearings for the present week
at 2ft cities in the United States as report
ad to Dun’s Review, total $7.57^543,000.
as compared with $6,544,657,000 a year
ago and $6,691,970,000 in 1920. Of the
current week’s clearings. $2,704,543,000
was supplied by cities outside of New York,
while the rnetropolle reported 44.872,000,
000. Totals from both sources were 15,8
per cent greater than the corresponding
totale a year ago, so that the aggregate
of all clearings was also 15.8 per cent
""Average dally bank clearings for TV
r.ember tiTdate. and for preceding months,
are compared herewith for two years:
1923 1921
r)fC .91 263.757,OOP 91,098,950,000
Nov 1,154.425.000 1,076,513,000
Oct' . 1.273.701,000 1,064.676,000
fwpt. 1,087,383,000 956,608.000
Aug . 996,117,000 874.138,000
.Tulvr . 1.251.581.000 969 227,00"
.Tune . 1,165.786,000 990,131,000
Msv . 1,143.911.000 982.676.000
Apr .......... 1,115.479.000 957,996.000
Mar . 1.042,360,000 976,088.000
Feb ... 1 062.11 2.000 1,060,726,000
jan' ". 1,087.236.000 1.190,774,000
Week's Failures
All sections of the* United Stales show
Increases in the number of failures re
ported to R. G. Pun A Co. for the present
week an compared with the figures of the
five-day period lust previous: the total
for the current week is 481. while a. week
ngo the aggregate was 363. and the cor
responding figure a year ago was of*..
Defaults with liabilities of more than
$5,000 In each case are also more numer
ous; this week they number 292 and are
60.3 per cent of the total, while last week
they were 214. or 56.9 per cent of the
total. A year ago similar insolvencies ag
gregated 361 being 60 1 per cent.
Canadian failures number 100 this week,
against 84 last week and 69 a year
Defaults Involving over $.5,000 In each in
stance total 68: last week they were 44
and in the corresponding week of last
year they numbered 36.
South Omaha Brevities
For Rent—Steam-heated. .-room apart
ment. Scargo Apt*. MA. 3035.
Burn the best Hanna Rook Spring* or
Christopher. Pivonka Coal Co., MA. 0517.
Coal prtcee ara down. Pbona MA. 0033.
Sooth Omaha Ice Co.. 3316 M street.
Watchee, Jewelry, dlamonde and rings at
l«es than manutacturera’ price. E. V.
Lori*, HU N-jueeL—Adv,
The Business Barometer
This Week's Outlook in Commerce, Finance, Agriculture
and Industry Based on Current Developments.
Rr THEODORE H. PRIC E.
Editor Commerce and Finance, Mew York.
Copyright. 1922.
I<ast week F made a hurried trip
through the middle vest, mopping at
1‘itlsLurh, Cleveland, Chicago and Min
neapolis as well an come other minor
points. At each place I talked wth sev
eral prominent business men and sought
to check off the reports of business con
ditions received in New York which are
'not always reliable because they cannot i
reflect the feeling and temper of the
distant communities upon whoso confi
dence in tfie future and contentment with
the present our prosperity in largely de
pendent.
Expect Good Trade.
Summarizing my impression it may be i
gHid that those who deal with city peo- i
pis are reasonably busy and expect a good
trade through the winter, hut that, the
others whose business is chiefly with the
agi (cultural or rural districts ars not
optimistic. The latter class say that
w’hlle the farmer has lately been buying a
little more freely lie is still heavily In
debt and that his purchases have been
and will te confined to the things that
he cannot do without. As attesting the
correctness of this view I had my atten
tion called to the number of small banks
that hove recently failed, Including one
^aoh at Omaha, Neb ; Sterling, Colo.;
Huntley. Mont.; and Andale, Kan.,
whoso suspension was reported in De
cember 4.
These conditions are generally attributed
to ih« disparity between the price of
what the tanner has to sell and the things
he must buy and this disparity is in
turn chiefly ascribed to the high freight
rates and \the inability of the railroads
to handle the traffic offered.
In Minneapolis it was asserted that
the entire potato crop of the Minnesota
valley, said to be worth many millions,
was rotting on the farms because cars
to carry it could not be had and the
proprietor of an Important factory in a
Wisconsin town told me that he was hav
ing all his raw matrial and output shipped
by express because the freight service
was so slow. He added that the Interest
ho saved on the capital tied up more
than paid the increased cost of trans
portation.
Predicament Realised.
The railroads realize their predicament.
President Markham of the Illinois Central
and President Storey of the Santa Fe are
both publishing paid advertisements ex
plaining that their bands are tied by
ovcr. regulation; but their explanations
do not move tho traffic and in their
blind indignation the people are writ
ing their representatives in congress de
manding that the government ahatl "do
something * though there la no general
agreement as to what this "something1’
shall be.
Oppose Big Dividends.
Another cause of discontent is the
stampede to declare stock dividend* that
is reported in the papers. Ah I «at iu
«ha smokihg car on my way from Cleve
land to Springfield, O., I heard two men
commenting upon tho headlines over an
•innouncenient that the Atlantic Defining
company had declared a stock dividend of
"000 per cent." One of them appeared
to be a country doctor. Tho other said
he was a farmer. 'I'heir language in hard
iy printable but they agreed that Wail
Street was a den of thieves who controlled
the capital of tho country and UHed their
power to rob the defenceless and evade
taxation.
These observations are recorded not only
because they account for the so-called
radicalism in congress but because they
connote a discontent that is. I fear. In
compatible with the "good times" whose
arrival or approach so many are now’
loudly heralding.
Facts are Encouraging.
Hut insofar as concrete facts can be
differentiated from the no less important
factor of feeling or sentiment. It is to be
admitted that they are encouraging.
Cotton, wool and the fabricated articles
into whose manufacture these and other
Maples enter arc in fair demand at prices
which «.re satisfactory though they seem
to have stepped advancing.
Money is slightly easier at 4*4 per cent
for the very best commercial paper and
the Federal Reserve statement seems to
indicate a continued abundance of credit
despite o reduction of 2.1 per cent in the
Federal Reserve ratio which reflects a de
, crease of |27,0fM.n00 *** the gold h»-ld due
chiefly to the effort made to put “yellow
backs" into circulation.
Sterling exchange baa advanced to
which is the highest price touch
ed since July, 1919. when the British gov
ernment pulled the war “peg" out. This
ought to facilitate our trade with that
large portion of the world which still
measures values in pounds, shillings and
penes.
There Is. no speculation in either securi
ties or merchandise, no one la overstocked
and away front the few large cities where
wealth displays itself, there is little or no
extravagant-^
There is a Job at good wages for every
one who is willing to work and there is
but little idleness.
Wealth which haw been aptly described
as “canned labor" must therefore be In
creasing and the problem of the states
man and the economist is to induce its
productive employment. That a solution
for this problem cannot and will not soon
be found is unbelievable but tha doctors
have not yet agreed upon the remedy that
should be applied. Secretary Mellon ad
vises a reduction 1n the euper-faxes so
that private capital will not be driven
Into tax exempt bonds whoso proceeds are
often wasrefully employed.
Kaibroad Subsidy Considered.
It is doubtful whether Mr. Mellon's
proposal is politically practicable with
congress and the people In their present
temper, but there is much to recommend
his suggestion for the weakness of the
stock market is largely due to the hys
terical eagerness of large capitalists to
convert their taxable stocks and bonds
into tax exempt securities. In the caae
of the railway shares the declining ten
dency has been accentuated by the fear
that the farm bloc or ihe piogreseive bloc
or some other bloc will succeed in secur
ing a reduction in railway rates that will
be ruinous because a correlative reduc
tion in wages will not be permitted.
Judging from what was said In the w'est
this is unlikely. The people realize that
the railroads cannot function If they are
bankrupt and in many quarters the idea
of subsidizing them as well as the ships
seems to be gaining In favor. The theory
is that the cost of transportation is. in
the last analysis. a tax upon the whole
people wihch would be more equitably dis
tributed If It were assessed »s tajc which
everyone would pay in. tend of being col
lected from the few in the form of freight
charges.
For these reasons and because it is gen
erally wise to buy when most people are
alarmed and selling. I continue to believe
that the stock and bond markets will now
repay the bargain hunter. None of ua
really think the United States is going to
economic perdition, failing which many
securities are certain to be worth more
than current prices when the present de
pression has passed.
Maples Not Cheaper.
But of commodities it. would not be
good judgment to generalize .«• Indis
criminately. Non© ot the staples are
any longer subnormally cheap. Even
sugar and rubber have passed put of this
category. And as tor manufactured ar
ticles they cannot be advanced much
more without raising the coat of living to
a level that may provoke an outcry and
a buyers’ strike.
Conservatism and caution on the part,
of merchants and manufacturers would
therefore seem to be advisable, especially
a? the inflationary power to our redundant
money supply seems to have spent itself.
This is perhaps explained by the continued
disbursement of gold certificates by the
banka and the amount of our federal re
serve currency in circulation in Europe
where, according to reliable reports, it is
becoming the preferred medium of ex
change in ths retail trade of the con
tinent.
Trad© Review.
End of End of
Hast week Previous week Last year
Bank clearings (Bradstieets) in thou
sands ... $8,035,407 $5,515395 $6,811,634
Business failure© . 463 409 591
Federal r^s^rve ratio . 74.8% 76.4% 73.1 %
Security Prices N. Y. Stock Exchange.
20 Industrials . 94 **•*•
20 Railroads . 64.39 84.66 .4.*2
40 Bonds ..... 89.08 88.42 84.1$
Commodity Prices: ,
Wheat. Dec. delivery, Chicago. I-18% It* M.
Corn, Dec. delivsry, Chicago..'. .70% .71%
Pork ribs, Jan. delivery, Chicago . 9.70 9 9t J.ii
Beef. gd. dressed steers. Chi., 100 lb* 16.00 16 00
Xugar. refined. New York . .0710 .0719 *2!!?°
Coffee. Rio, No. 7. New York. 1lr* .11
Cotton, middling, New York . .2*76 .2o25 •JJl**
F'rlnt cloths . .07% .07% .05%
Wool, domestic, average. New York ... .78*3 .76H -434®
Silk. No. 1, Sinshlu, New York . 8 26 8 10 7.76
Rubber, crude, plantation, New York .. .27 -27% -0%
Hides, pack, No. 1 New York . -23 *23
Iron, No. 2 plain, Philadelphia .. -'9.1* 30 1* 2•3*
Steel billets, Pittsburgh . 36.60 .38.00 29.00
■ ■■ 1
Chicago Grain
Hy CHARLES D. MICH AELS.
Omaha Bee leaned Wire.
Chicago, Dec. 10.—Grain prices are
practically a the highest of the sea
son and with th« help of favorable
legislation for an extension of farm
and foreign credits, the latter
through the operations of the War
Finance corporation, values of agri
cultural products should attain and
hold a higher level. Indications are
that there will be a demand for all
the wheat In the world before an
other harvest and that the carry over
will be light.
North American supplies of wheat
are expected to be drawn upon more
extensively to supply European re
quirements and good values should
be secured. Argentine conditions are
uncertain. Estimates on its export
able surplus range from 125,000,000 to
165.000. 000 bushels, the latest being
163.000. 000 bushels. They change so
frequently that the trade Is losing
faith In them. Argentine sellers were
reported on Saturday as having with
drawn offerings to English markets.
Better Trices Expected.
Conditions confronting the trade ere
regarded as favorable for good rrloee.
there being sufficient basis to warrant
(expectations of better value* so that the
agricultural Interests can be placed on a
more remunerative basis as compared with
other industries.
That there has been an unusually heavy
movement, wide distribution and disap
pearance of grains, particularly of wheat,
corn and oats in the past two months,
also lighter accumulations than the trade,
evxer has known ta Bhown by the actual
shipments from the Interior and reports
of stocks at visible supply points The
six leadtng railroads that rover the larg
est agricultural districts of the middle
west west, southwest and parts of the
northwest moved «l.n«6 ears of grain in
November, an increase of 21.721 cars or
66 per cent over last year. At the same
lime visible supply stocks of all grains
Increased only 2.2"n "to bnshetj this year
compared with a gain of to,612,non hush
si* in (he ssnie time last year. This big
movement la tbs fact of continued com-.
plaint* of car shortage la the moat re
markable the trade has ever know.
(ash Premium* Hold Well.
Those in a. position to know say that
more wheat held at eastern, lake and At
lantic ports has been sold abroad than
the trade in general haa any idea of.
Milling business is good and cash prem
iums hold well.
Com Is generally regarded an on a do
mestic basis and the trade ts mostly bull
ish. Th© movement is large, but below
last year's. The disappearance from the
farms 1* ’ *avy and feeding operations
larg*. Cash premiums continue to be
paid for both new and old corn. Naviga
tion la about to close and It Is not ex
pected there will be much of a mo\ement
by lake In the next week.
Hedges with sale* of December oat* are
not having an easy time. They have seen
December go from %c premium to %c dis
count and %c premium again all within
lu da>s. They were hard to buy of late
and led th© advance at the finish, clos
ing at the highest price of the season,
4 5 % e.
CHICAGO CLOSING PRICES.
Ky Updike Grain Co. DO. 2627. Dec. •
Irl 1 Open. j_High. J I
Wht. i | I I • I
Dec. | 1.19 Vet 1.2$%| 1.191-., 1.32*1 119*
I | I I 1.22%l 1.19*
May l 1,17 I 1.20* 1.17 1.20V 1.17*
l 1.17% ; I 1.20*1 1.17*
July * 1.08*1 1.09* 1 08%] 1.o»*l 108%
|!l| 1 09%: 1.08%
Rye l I
Dec. i .*5*1 .*7% .85*' .*7V .84%
May 1*8 1 .90%! 88 1 .88
Corn I I I
Dec 1 .70*| .72* .70*: .72 %: .70*
' ! | 73% -70*
Ms v | 7t» 1 .71% .«9% 71*1 -K9%
.69%: | I 71* .70
July .69 *1 .70% l .69* .0% .69 %
Oat j i
Dec. .4 4 j .45%i .44 | .45%, .14%
I .44%! I i I
May 43% .44% .43%; .4 4%! .43%
1 .43* .4 4*
July j .40% .41% 40%1 .41%| .40%
Lard
Jar If* 08 19.10 10.05 |10.06 |10.0'»
Mav 119.10 10.30 10 20 10.25 |10.20
Ribs
Jan 1 t.70 9.90 9.70 9 90 '9 72
May I t.»0 t.76 ! 9.60 (9.70 9.52
Minneapolis t train.
Minneapolis, Minn., Dec. 9.—Wheat—
Cash. No. 1 northern, $1.20% $ 1.27%; De
cember, 9118%; May, $1.19*; July.
$1.15%.
Corn—No. 3 yellow, 66$67o.
Oats—No. 3 white, C9fa41*c.
Harley — 62® 64c.
Ryp -No. 2 82%($«?V
kiaaated—Xso 1. $2.6962.10.
Trade Review
By H. G. DXTS it CO. »
\ew business in primary markets Is
still largely deferred, as usual at this
season, but there are indications of re
viving demand in certain channels yhere
dullness has lately prevailed. Resumption
of buying in some instances has been
sellers are so well engaged ahrd that
concession* are by no means the rule.
While there is an excess of declines In
Duns list of wholesale quotations this
week, th© monthly index number discloses
a moderate ris« and the present price
level is appreciably above the bottom point
of last year. As inventories are com
pleted, these is added evidence that fur
ther substantial improvement In condi
tions has occurred during th© quarterly
period now*''nearing a close, and t ho fact
that not a f* w manufacturers |avu orders
In band running into next spring is re
assuring Returns of production in th©
principal indusries, moreover, make favor
able exhibits, wdth th© annual rate of
pig Iron output more than double the
actual total for 19-1, and railroad equip,
merit purchases are being compared now
with tii© best previous records. Such
phases as these tend to strengthen con
fidence In the future, alt hough unsat isfae
tory features are not wholly absent. Sigs
of a restricted buying power in certain
agricultural sections sr© not lacking, and
the movement of merchandise into con
sumption has been retarded by unseason
able weather in some part* of th* coun
try. Where lower temperature© hove de
veloped however, retail distribution ha*
responded quickly, and tbe holiday trad©
promises to be of large volume in the
aggregate.
Trice !<eve1 Slightly Higher.
The general commodity movement was
more Irregular la^t month, as wae evi
denced by Dun's comprehensive list of
wholesale quotation?, and the December
l Index number discloses a smaller vari
ation. The main price trend, however
*aa again upward, the net rise being a
Utile lees than 2 per cent. This change
compares with an advance of «bout 4 per
cent a month previous, and the present
index number is approximately 1* per
cent above that of January I last. When
comparison ia made with the low level
reached on the decline which culmination
in the summer of 1921, it is .seen that
prices have risen slightly more than 16
per cent Aside from meats and metals,
in which small recessions occurred all
of the groups into which the index num
ber is separated showed advances on Dc* 1
camber 1 over the November l figure*
Inoreiuw In November Failure*.
Following the usual tendency, the busi
ness mortality increased during November
commercial default* in the United State*
nAT^rln* T*7"7 a,,d involving about $40.
oOO.noo of liabilities. The increase of less
than 2 per cent in number of insolv en
Cie* ov*r Octobers total is much smaller,
however than the increase reported in
November of last year, when fall urea roso
10 per cent in unmber to an Aggregate of
The indebtedness in that period,
moreover, exceeded $53,000 ooo. Hence
the returns for November of th© present
vear show a considerable reduction in both
number of defaults and amount of liabili
ties from the figures for that month of
1921, the decreases being 12.6 abd 24 7
per cent, respectively. It is also signifi
cant that fewer large insolvencies were
recorded last month, 58 failures for 91on..
^0 or more in earfh instance, involving
I19.000.noo altogether, comparing with
similar defaults for 931,000,ono m the
earlier year.
Urge Pig Iron Production.
Evidence multiplies of the marked re
vival that has occurred in the iron and
steel industry. It had been expected that
returns of November pig iron output
would disclose a further increase, but the
qain of nearly 10.000 tons in the daily
nverago is somewhat *urpritdng. Th® No
vember average of 94.990 tons represents
the highest point touched In fully two
years, and The Iron Age reports that
production is now at an annual rate of
35.500,000 tons. In all of last year, the
make of pig iron was less than 16,700,
000 tons. After several weeks of dull
ness, renewed activity in pig iron buying
has developed in some districts outside
of the east, although at further prlc® con
cession.
Textile Market Holds Steady.
During the normally quiet period, pel.
inary textile markets have held ef*ax3y.
about the only prlc© yielding occurring
on transactions in second bands. In
ventories have Veen completed by many of
the large jobbers, with reports Indicating
that the 1 a-*• t half of the year has brought
much mor® satisfactory conditions than
preva’led in the first six months. From *
manufacturing etandpolut. It is significant
that producton now s at th© high level for
th© year and that, many mtlls ai® ®n
ga.ged well into next spring With for
ward orders of subsfantiol volume, good
employment through the winter is assured
In the retail field, activities have cen
tered on th© holiday trade, and distribu
tion has bsen brisk in sectons wtaerel the
weatebr ha© been seasonable.
Renewed Interest In Hide®.
Nothing approaching general activity In
buying ha3 developed in hfde markets, but
some signs of reviving demand appeared
this week after mor© than a month of
dullness. Moderate-sized lota of certain
descriptions of domestic packer stock were
moved at what wer© regarded as good
prices, conelderlng recent low bids, and
and there is now a steadier undertone m
<alfskins. With exchange rites working
to the disadvantage of buyers here, new
business in foreign hide* is restricted,
even at the lower price* prevailing. Present
indications in tho leather trad© at© tor
quiet conditions during the remainder of
fhc year, and it is atill a fact that spring
footwear orders arc coming forward slow
ly. Statistics of October boot and aho©
exports, on th© other hand, show a. sub
stantial gain in th© quantities shipped
abroad.
Omaha Produce
(Wholesale.)
By State Department of Agriculture
Bureau of Markets and Marketing:
BUTTER.
Creamery—Jobbing price to retailers:
Extras. 55c; extras in 60-!b. tubs, 64c
standards, 52c, firsts, 60c.
/ Dairy—Buyers are paying around 35o
for selected lots of table butter and 27c
for best packing stock; cheesy and dirty
considerably less.
BUTTER FAT.
Omaha buyers are now quoting 4 6o at
their country stations, and 51c delivered
Omaha.
EGG?
The pries being paid for frr-h ri;gn dr
ll'CTed Omaha, is from 45o to t»oe; but
only selected lot* of extra quality and
size bring tbe ton prices. No. 2 held eggs
and small a I res aro bringing only market
prbea. which range around 25c; cracks,
22c. Some buyers are quoting on the case
count basis, paying .ibout $12.78
poultry.
Live—Broiler*, 21c; heavy bena and pul
lets, 17c: light hens and pullets, 13:;
spring roosters, all sires. 16c; old cock*,
10c; Leghorn poultry about. Sc less, duck',
fat. full feathered. 14**; geep> , fat, full
feathered, 12c; turkeys, fat o lbs and
over. 30c; capons, over 6 |hs , 20^2l» ;
guineas, 40c each, pigeons, dozen. fl.uO.
Pick, scrawney and crippled poultry not
wanted.
Dressed—Piles being about as follow*:
No. 1 dry picked turkeys, both bens and
young toms. S8c; old tom turkeys. No. 1.
35c; No. 2 turkeys, not culls. 28c; No. 1
ducks, fst, 20c; No. 1 geese fat, 18c. Some
buyers are accepting receipts and re
selling on 19 per rent commission. Coun
try shippers should leave heads and feet
on dressed poultry.
RABBIT?.
Buyers are quoting the following prices:
Cotton tails, rer ilor., $2.40; Jacks, per
do*. $1 50
BEEF CUTS.
Ribs—No. 2, 21c; No. 8, lie.
Loins— No. 2, 26c; No. 3, 3 6c.
Rounds—No. 2, 33c; No. 3, 10c.
Chucks—-No 2, 10c, No. I, 7c.
Plates—No. 2. 6c: No. 2. 6c.
HONE! .
Jobbers are jelling at prices listed balow: |
New extracted. ?4, is os.. z dozen to
ca49, per csss, $6.00; near comb, 36 *®c* |
tlons per case. $4 60: new extracted clov
er. 10-Jc. cans. 6 cans to case, per lb.. 16c. ,
FRUITS.
Bananas—Based on selling price of 9
per lb. $4.00(0'7.60.
Orange*—Extra fancy California navels,
.per box. according to size, $5.00©6.60;
choice. 50c leas; Mississippi Sataumas, Vi
box, $3.50.
Lemons—Extra California. 300, 360
six**.*', per box, $10.00: choice, 300 to 360
sizes, $9.u0; Linv'S.. 100, $3.00.
Grapefruit—Florida, fancy, all sizes, per
box, $6.00; choice, 36-size, $3.76; 46-size,
$4.60; other sizes, $4 76.
Cranberries--Bbl., loo lbs.. $13 .50 ($17. O'*
box, 00 lbs., $6.76; Jersey Howes, $17.00;
small pic, box, $4.00; bbl., $<’.50.
Apples—Delicious, box, according to sir."
and quality, $2.60©4 25; Washington Jona
thans, per box, I1.90&2.60; Iowa Jona
thans, per bbl., $6.00; bushel basket. $1.86
fancy Grimes Golden, bbl., $o.6U; choice
$4.00; Ben Davis extra fancy, $4.50; Mis
sour! Pipplna. fato v. bbl . $4.26; Northern
Spies, box, $2.00(0 L’.jj; Winter Banana,
per box, $3.00; Spltzenbergers, fancy, per
box. $2.75; Ganos. bush I basket, $1.50.
pears—Lawrence, fancy, per box, $2.50;
Hood River Do Anjons, box, $4.00; Colo
rado Kelfers, box, $2 bo.
Quinces—Fancy California, per box,
$1.60.
Grapes—Red Emperor, per kog, $6.50;
per crate, $2.76; Almerius (white), per
keg. *9.00
Figs—California. 24 S-oz.carton box,
$2.75; 60-carton box, $3 76.
Dates — Hollow!. 70-lb. butts, 3 3c;
Dromedary, case, 36-lj oz , $6.76.
Avocados—Allegator pears, per dozen,
$7.60.
CHEESE.
Local Jobber? are selling \meric*n No.
1 fancy at about the following prices:
Twins, 29c; single daisies, 29!sc; double
daisies, 29c; Young Americas, 30c; long
horns, 29He; square prints, 80c; brick,
29c.
FEED.
Omaha, mills and jobbers arc selling
!u round lots, as Indicated below:
Mill Feed—Bran. $23.6u; brown shorts.
$36.00; gray shorts. *27.00; middlings,
$28.60; reddog. *31.00.
Alfalfa Meal—Choice, 129.60; No. 3,
$27.60; No. 2. $25.60.
Oil Meal—Linseed, *54.00; cottonseed.
$62.70.
Hominy Feed—White, $27.00; yellow.
$27.00
Buttermilk—Condensed, 5 to 9 bblp., J* le
per lb.; flake buttermilk. 600 to 1,500 lbs.,
7He per lb.
Egg Shells—Dried and ground, 100-lb.
bags, $25.00 per ton
VEGETABLES.
Potatoes—Minnesota Red River Ohio*
No. 1, $1.26 per cwt,; Nebraska Early1
Ohlos, No. 3, $1.10 per cwt.; No. 2 $1.00'
per cwt.
Sweet Potatoes—Virginia bushel basket
$1.70; bbl.,
Rutabages—Per lb , 2<*.
Old Beets, Carrot . Turnips. Parsnips—,
Per market basket, 45tf><10c. in sacks, peri
lb.. Sc,
Artichokes— Dozen, $3.00. « !
Lettuce—Idaho ho»d. 4-dozcn crate
$5.50; per dozen, *1.50: California crates,.
$6.60; hothouse leaf, per dozen bunches,
46c.
Peppers—Oregon, market basket, $3.00.
Egg Plant—Selected, dozen, $2.76.
Tomatoes—California, p-r case, $3-60;
Florida, 6-bask.ct crate, $8.50.
Beans—Southern, wax, hamper, $5.00©
7.0*.
Onions—Southern, per dozen bunebe*.
*ftc; Ohio Whites $1.00 per cwt; imported
Spanish, crate $2.50; Red Globes, per cwt.,
$2.00.
Parsley—Dozen bunches. 90c.
•pinach—Per bushel, $1.26.
Cauliflower—California, crate?, $3.50.
Cabbage—Crates, per lb., 2c; sacked, <
1Ric; red. per lb.. 3c; celery cabbage, per j
lb. 10c.; Brussell sprouts, per lb., 20c.
Celery — Michigan. per dozen. f»0©76e ’
Idaho, per dozen, $ 1.331.S6; Call- 1
ferula (not trimmed!, per crate, $7.00. j
FLOUR
Firnt patent, ’4f. 86; fanny clear,
^OYALMAIL
“The Comfort Route“
to EUROPE
Fannns 'TV' Summer* Resevnad far U aaurrun |1
acnvmdatioa and Sarriar ia all davaa
"oiwTjr
•OIDI-N*
•0*(U •
-OHIO"
Dk.2*
Jn. M
MprrtSl
April 71
Jam. 31
Ft* 21
IqK
Jmt 2
«<rdl 14
A*riJ 14
I nt 1*
IW Soi-trx »nd Jmm
udlne*. r*0 tefoneation rrram any *e*nl nr
rhtt Roral Man St—an Pnckat Co
finds oo%
as <<
This proven remedy
Atacks colds bsfcn they ds
aatop into asrious ailments. It
soothes tirad, scratchy throats,
bosses dtaagraaaHa phiagtn
sod soon break* up tha cold.
Now—don't 1st poor cold linger
on ask poor druggist for
DrKINGS MSCOVEKV I
-a syrup far coughs fr colds
I Your Hens Need
This Big Help I
Then they’ll pay you I
bark with more eggs. I
Keep them vigorous and I
active—and they are I
bound to lay Give them I
| Pratts Poultry
Regulator
in their daily feed and
see how they wak j tip
and get busy. Help* to
maintain health Try it I
at ou' risk J
9 Your Money Hack If YOU J
A re Not Satiefted’ ’ |
I mn FOOD COMPANY
I Plula., Chkaca. foroBto I
I Fb» F*mrt» m .2-or 2R-ib. p*Jl»; I
m i i> if n«i{% I
PHA77S SO* YEAH
’*•. >6.70. Quotation? arc f. o. b. Omaha.
HAY.
Trices at which omaha dealers are
selling In carload lots follow.
Upland Prairie—No. 1, >16.00# 17.00; No.
2. >13.00#16.00 No. 3. f9.00tfl2.00.
Midland Prairie—No. 1. >16.60# 16 60;
No. 2. >12.60 #14.60; No. 3. >H.50tf 11.60.
Lowland Prairie— No. 1, >10.00# 12.U0;
No. 2, IS.00# 9.00.
Alfalfa—Choice. >22.00 tf 23.00: No. 1.
$19.50# 21.00 , standard. >17.50# 19.00; No.
2. 114.60#16.50; No. 3. >1 J 00# 14 00.
Straw—Oat. >8.00 to >9.00; wheat. >7.00
to >3.00.
iE ED.
Buyers are paying the following prices
for field seed, thresher run, delivered
Omaha Quotations are given on the basis
of hundredweight measure.
Seed Alfalfa $12.00 fa 18. t»0 . red clover,
$10.00# 17.50, alsyke, >3.on(8 14.00; timothy,
|4 00(g 6 00, sudan gratis, I8.00tfl0.00;
white blossom sweet clover, f6.0*1 (»/ 10 oo,
millet, high grade German, >2.26tf2.75;
common millet, |i 50#/1.76; amber sor
ghum, cane, f2.25tf3.00
H IDES, FURS, WOOL.
Prices on the local ni.iP.ft. on hides,
have been reduced lc per pound, according
to the announcement of buyers, made Sat
urday ..lornlug. This Is because there has
been a slump in light native cows of from
2c to 3c a pound, depending on weights
and months salting ho It la quite evident
that wo a’’** on the <\«- of lower prices,
when all th** fact? In the matter arc
taken Into consideration. For instance,
shoe manufacturer.- throughout the coun
try will be closing down in the next w* ck
for stock taking: besides, even during the
busiest periods of th< shoe manufacture* ?
lately could leather b** sold on the basis
of the high prices being paid for hide*;.
Then, also, it lb stated that notwithstand
ing the activity in the t>hnr industry there
is nearly as much leather held by tanners
and Pnbr*r dealers as there was a year
ago. Tills is bearish view of the situa
tion, but appears to be the correct view,
for prices are down.
Horse hides aro down also, although no
change has been made in the price on the
local market.
Wool and sheep skins arc quieter, but
the market is more or less steady and the
ou*»' k is that prices will be rnslnained.
Tallow and gr«ase show no particular
change in price during tbo week. ana loca^
i . rt? firm. This, however, la con
i t mporat • condition, *» more
1m i will be retiring from the market aa
th' month proceed*, which will cause ■
<lulln< m*i and poaalbly a <1«*« line on new
4>usings- Ureas© e« mu steady to date
j-» about tallow pries, with yellow el
about 6c locally.
1*rices print' d below s e on the baste o'
buyers’ weights and selections, for goods
delivered at Omaha;
t'urront ro ipt hide*. 11c and 19c; green
hide-. 9^ and * bulls, Ho and 7c; brand
ed. He. gluo hides.* 6c; kip, 14<- and 12Hr,
ealf. IT.-- and I3’%c. deacons, SOc eaeh.
glue calf and kip, !>e; horse bides. $4.60
,,nd $3.50 each, ponies. 75*' each; eolts, 25c
.*a< h . hog skins. 1' - each; dry hides, No
l. 15c per lb; dry salted. 12c lb., dry glue.
6c lb
Wool pelts. $’ 25 to $1.60 for full wooled
©kins; spring lambs. 76c to 90c for lata
take off; clips, uo value; wool, 3"o to 36c.
Tallow N" 1, 7 . H tallow, *«•; No. 2,
,. tv». . A grease. 7« . It grease, t" . yellow
grease. 6c, brown grease, 5*-c; pork
• rarklthgs. $*9 per ton; beef cracklings.
$69 per ton; beeswax. $20 per ton.
St. Louis t.ruin
St. Louis. Pe $ —Close—Wheat. De
cember, II 1SN, May. $ 1 19 i* 1.1$ ^
Corn—December, 72tyc. May, 71 So.
Oats—'December. 45V*c; May, 46 \c.
For Coldm,
Influenza
and as a
Preventive
Take
Lmxmtivm
Bromo 1
i Quininei
tablets
The First and Original
Cold and Grip Tablet
The box bears this signature
30c. j
‘offie Background
of Your Business -
Of the three principal classes of business men in
Nebraska—merchants, bankers and farmers—the
most indispensable one is the farmer.
He is the creator of new wealth. Whether crop
viclds are large or small, whatever the farmer pro
duces is new wealth. And it is this new wealth, pro
duced year after year, that has changed the barren
plains of fifty years ago into our beautiful and*
wealthy communities of homes of today.
Since 1859. when Nebraska was not yet a state, The
Nebraska Farmer lias fought shoulder to shoulder
with the farmer, for the advancement and develop
ment of Agriculture. Established sixty-three years
ago as a sixteen-pago monthly, it is today the only
weekly farm paper published in Nebraska. It is read
by nearly all the more progressive farmers of every
community in the state.
To keep abreast with the development of Nebraska
\griculture—the background of your buslness-^you
too should read The Nebraska Farmer every week.
Subscription price, 5 years for $5: or Jl j year.
Sample copy free.
THE NEBRASKA FARMER
The Only WttUy Farm Papar Published in Nebraska
y LINCOLN
The Best Tool for
a Big Job
An axe in the hands of a
crazy man is a serious men
ace, yet we do not condemn
th<’ axe for its wild or-fool
ish application.
Advertising can be — has
been—sometimes misused.
Like all great forces, it
must be inte 11 igently
planned and directed.
In the big job of reviving
American business, adver
tising is the best tool that
money can buy. Let’s use
it—boldly and well!
(Published by The Omaha Bee, in co-operation with \
The American Association of Advertising Agencies /