The Omaha morning bee. (Omaha [Neb.]) 1922-1927, February 19, 1923, Page 6, Image 6

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    Debating Teams
Start Season
> in High Schools
Ten Contests Reported on
. Question That Nebraska
Should Adopt Industrial
Court System.
Reports of the first 10 debates in
the sixteenth anftuai contests of the
Nebraska High School Debating
league of 90 schools show University
Place (3922 district champion) and
Havelock leading in the Hast Central
district; Bridgeport and Sidney in the
Northwestern: Beatrice* (state cham
pion in 1920 and district champion in
192*2) leading the Southeastern dis
trict; and Oxford and Curtis in the
Southwestern.
Summaries in these contests on the
proposition "That Nebraska Should
Adopt the Kansas Industrial Court
System” follow:
Kwt Central District.
Principal C. W. Taylor, Teachers' col
lege high achool, Lincoln, director.
Waverly, Cecil Emery, Myrtle Cope,
•harlea Bogart h; University Place, Aub
tey Carrell, Elizabeth Connely, Non In
• hadderdon, Elmo Philips. At Waverly,
February 1. Won by University Place,
unanimous. Judges: Prof. J. O. Rankin,
University of Nebraska; Professor Lun
doen, Cotner university: C. L. Clark, Lln
• oln. Presiding, Rev. George A. Randall,
Waverly.
Havelock, Muriel Bowsman, Mary Fieh
•»*. I/oretta Granger; Ashland. Helen
Starks, Wilbur Mcadx, Milliard Johnston.
Ashland, February 12. Won by llave
W»ck. 2 to 1. Judges: County Superintend
ent E. A. Odinan Wp.hoo; Mr. Oberlles.
*‘3ethanj-; W. A. Walton, Ashland. Pre
siding, Mae Squires, Ashland. ,
Northwestern District.
Supt. W. R. Pate. Alliance, director.
M1natai*e, Nell Houck, Delmar Brown,
\>ma McElwec; Ida llarshman: Bridge
Pd*t. Lola Hayden, Sarrah. McWilliams,
Virginia Eubank.", Virginia Acton. At
M/.natare, January 25. Won by Bridge
port. unanimous Judge-:: Principal N. L.
Tyeo, Sc ottsbluff ; County Atty. William
Ilstss, Jr. Gerlng; Supt. Howard Smith,
Bayard. Preaiding. Rev. Frank Coats.
Lodgepole, Margaret Kmanuelson, t\>r
n**r Jeseen. Faye Buttrick; Robert Calll
Hon. Sidney, Franklin Horna<fciy, Lau
rence Davis, Roy Chamfcerr, Clifford
Moore. At Sidney, February 7. Won by
•Sidney unanimous Judges; Supt. R. H.
White, Potter; George Irwin. Bridgeport;
Judge Steuteville, Bridgeport. Presiding,
Principal H. V. Jones. Sidney,
f Southeastern District.
Principal Julius Gilbert, Beatrice, di
rector. /
. Auburn, Isabella Snyder, Margaret Gil
len. John McKnlght; Maie Nelson; Be
atrice, Richard Farlow, Mauler Hevelone.
Wayne Waddell. At Auburn. February *5.
Won by Be itrlce, 2 to 1. Judges; Prof.
Faaon, Peru Normal college; Superin
tendent DeWolf, Plattsmouth; Principal S
M. Brov.neii, Peru. Presiding, Frank
Grant, Auburn.
Beatrice. Willis Wrighf, Km try Gish,
Wynan Kenagy; Humboldt. Clover Taul
*en, Genevieve Briggs, Helen Reed. At
Beatrice, February 8. Won by Beatrice.
7 to 1. Judges: Prof. N. A Bengsrton,
i nlveraity of Nebraska ; Prof. W. L.
Ruyle. Wesleyan unlveratty; Prof. J. Dun
> an. Cotner college Presiding. C. L*
Jonea. Beatrice.
Auburn-Fairbury. Helen Cox. Ix>ne]l
Schroeder. Mery Dawson. At Auburn.
Febniay 15. Won by Auburn. Judge
Prof. J. L. Eason, State Teachers’ col
lege, Peru. Presiding, Emma Overvaag.
Auburn High school.
ttouthwefttern Dfstrirt.
Supt. J. C Mitchal!, Holdrege. preanJ.r.g.
Cambridge. Dean E Hammond, Mar
garet A. Paly, Paul L. Dick; Oxford.
Mary MacPrang. T.ena^p 11alley, William
Ivey; Bula lloughtaling At Cambridge,
February 2. Won by Oxford. Judge,
i>ean I* E. Weyer, Hastings, college. Fr*
s.dlng. Harold E. Day, Cambridge.
Holdrege, Ruth Palmer, Cari Brown,
PatU Copeland; Mlnden. Irene Sundeen.
Everett Hansen, Carl Curtis, Luella. Li»
son. At MJnden, February* 5. No deci
*5on. Trealdlnf, Kupt. M. C. Blots*, Mln
den.
Nebraska School of Agriculture, Arve]]
Beery, Lela Adams. Alva Blackatone. Mo
<’ook. Evelyn McClure. ‘Fern Harbaugh,
Hazel Shepherd, Allan Houghton. At
Curtia, February 9 Won by Nebraska
School of Agriculture. Judge: County At
torney Fred J. Schroeder. Curtl*. rresid
ng. Supt. C. K. Moree, Nebraska School
of Agriculture.
Columbus School Board
Elects Teachers at Old Wage
Columbus—Tha board of education
i •'•elected all members of the public
school corps of teachers, from super
intendent to kindergarten at practi
ally the same scale of wages prevail
ing for the present year. Superin
tendent McGee, elected a year ago
for a trial period of one year, was
tendered a contract for a two year
1. rriod which he accepted.
Wayne Teachers* College.
Ben O herring ton. Y. M. «A. worker
nf Denver and graduate of the univer
sity. spoke to the classes In history and
soclolog} am; Reiving an address in the
evening In the auditorium. Mr. Cher
rlngton has lately returned from Europe
end spoke of what he hrv while thcr*.
He made a eucceraful appeal co students
and* faculty for funds in support of
■ indents In European university.
The annual basket ball tournament of
i he high hools of northeaat Nebras
ka will be held In the gymnasium of
he Teachers college. February 22-24.
Last year 3] schools competed for hon.
ore. Randolph winning In class A. Lyona
n class B and Crofton in class C, Ar
angemenfe ar* in the hands of the
"W" club of the college under the gen
eral direction of Coach Fred Dale ami
I’rof*a*or E. .7. JIuntem*r
At the meeting of the Y. W. A .
Him Etnel Beech*!, intermediate sup
ervisor in the training arrooi, Mmkf of
the literary work of Mis Ellaab*th
Kingsbury, who for many yuri was
h»ad of the department of modern lan
images in th* teachers college and who
died lest year shortly aft*r her return
from study In Paris In packing her
• ffects preparatory to returning them
to her brother, who is n professor In
• ornell university, MIsa He*-» he! and
vfi.es Mies Smothers, registrar In the
ollege. discovered a lac*# number of
inagasine.Y containing articles and poema
hy Miss Klngabtiry.
Nebraska Wesleyan.
The sixth snnun? high school day st
\ebrask*. Wesleyan has been set for April
7. Beryl Snyder, si president of the col
>ge, issued announcements of The event
o the secondary sch mis The Wesleyan
athletic board has arranK-Ml a high school
rack meet for the day. This will be con
ducted In connection with the tnterclaee
• olleg* class meet. but. not in competition,
says Prof. C. J. Shirk, who Is chairman
•if the Wesleyan athlete eommmlttee. Bach
high school will be limited to five *n
irles. two men to each event end each min
to three events
Prof. J. C. .lenstn is chairman of a
faculty committee that ha« beep named
•o arrange for series of scholastic con
•sts to be held In connection with the
other exercises of high school day. Prof,
lensen has algfsdy secured the approval
of a number of Nebraska euptrlntedente
for this plan. Contests will be offered In
ivies, general science, Kngltsh. public
•.peaking and dramatic recitations. Other*
may be added to this list If there Is a
demand.
Why strains hurt
Congestion in tissues causes muscu
lar pain. Sloan's scatters congestion.
•\Normai. free circulation returns
\ •pain vanishes!
Sloan’s liniment
t-kills pain!
The Business Barometer
This .Week's Outlook in Commerce, Finance. Agriculture j
and Industry Based on Current Developments.
By THEODORE H. PRICE.
Editor Commerce and Finance, New York.
' The rising tide of business confidence
lend activity thst on# meet# going west
is most Impressive. It 1b seemingly un
conscious of Europe and It# complica
tion?. They are rarely mentioned hero
and are discussed only a# abstractions
that art interesting historically but with
out practical bearing upon American af.
fairs.
The labor shortage, with its implica
tion of higher wage#, and the shortage of
steel, which may check the building and
construction that has been planned for
th# spring, are the things most talked
of a# repressive factor*, but they are not
seriously regarded, as it Is generally be
lieved that the prowperity in sight will
yield proftts so large that high prices will
not retard Its coming or check its prog
ress Even the railroad congestion which
is great has not dampened the prevail
ing optimism, although It Is bitterly coxn
pl.ined of In the newspapers.
There is, of course, on element of dan
ger in such widespread and incautious
confidence, but with money as easy and
credit a# abundant as at present, there
is nothing to chill it visible and It seems
likely to continue unless It should be
come ipors difficult to borrow or some
thing happens to the crops.
South I>cman<l Active.
In St. Louis, which is the great Job
bing market for Texan and the southwest,
the demand for staples a* well a« luxuries
Is exceptionally active Just now, because
It Is assumed that the timely spring rail.3
which have Just fallen in the "ulf states
assure a favorable planting season and
ihe probability of a good harvest. The re
sult is that merchants are byytng liber
ally and the shoe trade in particular jh
said to be the largest on record.
There is also a gratifying improvement
in the demand for agricultural imple
ments and In Birmingham, Ala.. I was
told that a great many cotton gins were
being sold for erection in northwest Texas
and Oklahoma, in which localities th«
acreage In cotton will be largely increased
because of tho supposed Immunity from
the boll weevil secured by the cold win
ter wreather. An intention to plant more
cotton Is also manifested in southeastern
Missouri and one gtn has even been es
tablished in southern Illinois.
Big Bond Issue*.
To these facts, briefly cited as evidence
of the confidence in good time* that pre
vails, there may added the statement that
including a bond issue of 188.000,000 Just
voted by the city of fT Louis for muni
cipal Improvements, a total of $1*8.000,
000 in bonds will shortly lie Issued by the
state of Missouri or its cities or count lea.
This includes soldier bonus bonds and
bonds whose proceeds will be spent in
road building or other public works.
This sort of thing is going on all over
the country and though the ultimate re
sult is not pleasant to contemplate, the
Immediate effect will be inflation. This
Is a fact that the conservative n»%n can
not ignore, however much he may de
plore It.
Scouts trie singer Cry.
Comptroller Crisslnger has again raised
the cry that we cannot continue much
longer to draw huge quantities of gold to
this country, and that we must prepare
for an outward movement and for the
consequent diminution of our bank re
serves. I do not believe thnt this warn
ing will affect the calculations of many
business men 03 far as the Immediate
future is concerned, for the confidence
of all whom I meet is too pervasive. It
is hardly likely that our exports will de
cline. or our imports increase enough to
lessen materially our favorable balance of
trade. It Is equally unlikely that the
heavy annual balance due us as interest
on foreign securities held h*re will be
greatly decreased.
Furthermore, we are no longer absorb
ing such Immense quantities of foreign
**' irlties in payment of these balances,
nor are we financing German by the
pur> ha«e of its marl^s as eagerly a« we
were a year or more ago. Ar.d Great
Britain has guaranteed' payment of its
war debt, which must be mads either In
goods or gold.
The possibility of any immediate de
crease of our gold holdings therefore
seems remote and if we are to undergo
any contraction of our credit surplus
this year it is more likely to result from
expanding demand than from any reduc
tion In its gold base. The federal re
serve statement last week Illustrated this
point .perfectly. It showed a gain of
$2,000,000 In gold reserves, but Increases
of $26,000,000 in note circulation and of
$84,000,000 in bills discounted caused a
reduction in the reserve ratio from 77 to
75..1 per cent. But this figure of Course
indicates an abundance of credit and there
will have to be a very much greater ex
pansion In the demand for funds before
any tightening of rates, or any check
from that quarter to &d\am-lng prices,
is to bo expected.
Nor 1" it possible to discern any threat
of an immediate check to the march of
prices and business activity from any
other quarter. The combination of a
labor shortage and advancing price*? Is
bound to produce higher wagfe, but higher
! wage* and steady employment themselves
Increase purchasing power so that neces
sary price advances can be absorbed. In
this respect wo are In the same position
in which the vicious circle of prices and
wages v as generated during the postwar
period. Its ultimate dangers must he
rocognixed, but It causes no pain while It
is whirling. The spread between the
prices of farm products and the goods
the farmers buy has also diminished
somewhat and trade reports from the
farming districts indicate that distribu
tors expect a good business year.
The threat of railway congestion is I
one which in this country constantly con
fronts an incipient, boom: and the re
ports of car shortage from various sec
tions nt this time of the year are sig
nificant and discouraging. The road*, how
ever. have been purchasing new equipment
in greater volume than for year* past
and the country's transportation capacity
has been augmented by the expansion in
intercoastal steamship traffic and the
great increase in the use of motor trucks.
f'uropA in Ignored.
Both security and commodity marketa
In this country have shown continued In
difference to the course of foreign af
fairs. Neither the possibility of freah j
trouble In the near east nor even of the I
withdrawal of Brttfrh troop* from Ger
many caused more than slight Irregulari
ty and advances were recorded in nearly
all markets. Sugir futures underwent a
aeries of sensational fluctuations which
completely blocked r.ll business in raw
and refined sugars. Because of the pos
sibility of a scarcity la;»r In the year, the
markets have been in an extremely nervous
state and when the Department of Com
merce issued a statement that consump
tion thia year should be 725,0f*0 tons great
er than production and the estimate of Cu
ban yield by a leading authority was con
currently reduced to 3. §00,000 tons, the
rush to "get in" on the market sent
prices up nearly 200 points In two days,
at which height profit taking and selling
prompted by sober second thought quickly
drove them down nearly as much. The
fact* of the situation are that the world’s
stock of *ugar will undoubtedly be cut J
into by this year’s consumption, but the j
profitable price wrhich sugar Is bringing, j
will stimulate production of beet* this j
summer and the probability of an actual ;
shortage i* remote. It Is extremely dif* 1
flcuit to determine the statistical posi
tion of sugar very far in advance lw>
canse its production is apraad among
virtually all couiMrie* and all seasons of
the year, and th\ Department of Com
merce Is being wider* criticised for broad
casting a statement which might well
foster an artificial Ip mine.
Among oth*r commfcltlee petroleum and
copper hava been co gpicuously strong.
End ©f Er.d ,
' !.*»♦ Week Previous k T.ae* Year
Ran : Clearing* (Bradatreetti jn thousands $4,405,107 $7,201.2.: $6.71$.000
Business failures . . . 3 622
Federal Reserve ratio . 76 4%
Security prices. Y. Stock Exchange
20 Industrials. lit JS3.fl
“0 Railroads . 77.5©
40 Bonis . 41.05
«\.r. i.odltj Prices
'"•'Vent May delivery, Chicago «. .. |1.3f*i
ror: , Kay delivery. Chicago . .43**
. • Vii>s. May delivery, Chicago ....
74 cf. gd. dressed steer*. Chicago .. 12.25
I-r, refined. New York . .05
«’»**•»# Rio No. 7. New York.. .©ST4 «
• ■ .on, middling. New York . ’2f0
I’rlnt Cloth*. New York .. .. 05*4
Woo!, domestic average. New Tor k.... 5154
' Sil'.:. No. 1 Sinshiu. New York . 4 30
Rubber, crude, plants. New York ... ^ .13
Hides, pack. No. 1, New York . 16*4
Iron. No. 2. Philadelphia . 2M4
Rte»l billets, Pittsburgh .. 21 00
• With the County Agents
F1LUM0RK COUNTY.
Geneva—(By A. P.)—Fillmore county's
greatest livestock problsin, according to
Leo W. Thompson, county extension ag^n*.
is the need of a more sanitary system of
hog management. A system of hog s*n
itetfon has teen worked out by the Unit
ed States Department of Agriculture This
system Is the result of experiment* which
have t p*n conducted with round v. orms
and other causes of unthrlftn***. and will
prevent the occurrence of round n orms 1
in pigs. Mr. Thompson says. In assist
ing with the pig problems mentioned, the
county extension service, in co-operation ,
with various swine raisers of the county. *
will establish several demonstration farms
where the farmers will use the system for
controlling round worms. The hog lot* t
will be rearranged to a certain extent to
meet requirement, and Individual og
houses will be used to enable the raising
of pigs to a < ertaln age away from the
permanent hog lots and hour*" Tentative
arrangements have already hern mad* for
the establishment of three such farm- The
. ounty farm bureau hopes to establish
them in various sections of the county so
»!1 interested farmers will be given a
rhance. without tiavellng a great dis
tance. to see how this system of preven
tion works, and to see th* value of prac
ticing such simple sanitary measure" The
establishing of these farms is a part of
Fillmore county's extension program for
this year.
MADISON COUNTY:
Battle Creek—A two-day gas er.g.ne
school will be held in Madison county
March 13 and 14 Meeting* wljl be held
both morning and afternoon each dav
Kil l) person will furniah his own tools
and a gas engine imperialist from the
state agricultural college will have charge
of the work.
A county-wide aheep meeting will be
held In the county February 20. The pro
gram will cover three phases of aheep
breeding— "The ewe at lambing time and
handling the young larr.be. lamb man
agement. feeding and ration and th» third
phase, aheep pastures." Professor Ravin
who has charge of the aheep feeding car
ried on at the station.
SAUNDERS COUNTY.
TTaoho—With the small acreage of win
ter wheat, this 1* r good year to increaae
the acreage of legumes in Raund"rs coun
ty. according to W. F. Robert*, county
agricultural agent. Agricultural statistics
show that Paunder* county had only three
acres of alfalfa per farm In 120 and only
about half as much clover a« alfalfa.
I,e*a thiln 230 acre* of sweet clover were
reported In 122. Rwset clover does veil
In thla locality and ha* proven an ext el
lent pasture crop at the college of egrl
eulture, Mr ^Robert* says It is n le
gume. and dug lo It* rank growth, ia an
excellent aoll builder. In explaining th
sowing of sweet clover, Mr Roberta say*
"Twenty to 23 pound* of hulled *eed
should be sown per sere. it may be
broadcast or covered vfth a, smoothing
harrow, or with a grain drill with gras*
attachment. The seed should not be cov
ered over three-four*h* of an Inch deep.
It may be sown with a nurse crop, but
there la more danger of It being killed
by dry weather. The ground may be
plowed, followed by disking or harrow
ing, or It may be prepared by disking
cornstalk land. In any case, a firm,
fine, moist seed bed la important."
DAWSON "COUNTY.
Lexington.—Sixty entries from ^10 pre
cinct* In Dawson county made » fine
showing at the corn show held In Lexing
ton Wednesday, *a>* A R. Hech*. county
agen* Seven of thw entries were front
Irrigated and the other*, dry land. Tb*»
Judg*. Mr. Fottla, from the roll* g* of
agriculture, placed the ribbon* on a new
type, corn with long, -mooth ear?. At
the experiment Ration »hls type haa out
yielded the rou/h for the pa t 12 year*.
This al*o holdu trie In Dawson county,
Mr. Hecht aa>«.. Mr Cottle told of other
work conducted with corn at the etatlon.
THAYER COUNTY.
Hebron—Dairying and poultr are
two ■•ire source? of Incom** to the fann
er* of Thayer county and probably *r*
doing more at the p***ent t.me to p*
esper.* s than any other hra«ru hm of
farming, according ’o I# <\ «lhrlat.#,
county extension ag«nt. He n.* of the
worl the county agent and farm bureau
la doir, g rapid Improvement* are being
mad* in * poultry of Thayer count ,-.
Mr. Chris* 1* says. For two yea ra th»
Fnlon Pacific railroad has been giving a
*hort course in the agricultural col!**g«
to the hoy In each of the !• counties of
Xebra*ka who made the be ,t record In
corn, wheat or potato rjub work. Ray
mond Kockrow of Alexandria has won
this scholarship for the last two * eara
In Thayer county and is now taking one
of the abort couraea at the agricultural
college.
CASS cor NT Y.
Weeping Water—Thirty-taro women of
Alvo, rata count', met February I> to
take up the dress construction project.
Mott of the ladle* are planning to take
the complete courae Another meeting
was held at Xehawka. AH the ladies
present drafted patterns and dresses were
cut and fitted Fifteen women me* near
Greenwood and the day was epent In
finishing house drease*
8FW\HI> CO IN TV
Reward. — A butchering. meat ufMng
and aoap making demonstration was held
In flewasd county Wednesday Mis* Jes
sie Green* of the extension service of the
agricultural college had charge of the
aoap making demonstration and the
county agent dernonatrated the butchering
and meat cutting About 41 men and
women attended the meetings The pur
pose for the meat cutting demonstration
was to secure a maximum amount of
curing meat and to have If In au> h shape
that It would cure well, with ae mall
amount of waste as possible
COI.FVX (01 NTV.
Schuyler—Two butchering, meat cutting
demonstrations b* A. K llepperel, .<nirnat
husbandry specialist, and the meat c*n
n'ng «:id soap making demonstration con
d (ed by Miss Edith (‘one, food and nti
Itrltion specialist. In Colfax county, were
well attended and considerable interest
I wag shown One hundred and thirty poo
I pie attended the** meetings, where v ery
dmple methods of butchering, meat cut
ting, meat canning and aoap making w ere
shown, according to fount/ Agent flem*
ent Kuska Two poultry culling demon
strations conducted in fnlfax county
wore well attended. Thirty people were
present at a culling demonstration In
which 200 hens were culled from a flock,
with the egg production remaining the
same, thereby easing tha farmer the coat
of the feed for .‘10 hens, which In a 5 ear
would amount to tlM. affording to the
county agent.
(Jilts Average ?.”>2.
David City,—Frank Aerts. Frank
Patton and Dean limit held their an
nual registered Poland China hoc sale
here. Fifty-two Kilts were sold at an
aveiflRe of IS?. Quite a number of
| buyers who lived outside of Butler
1 fount y were purchasers.
York Fair Dates.
York—The Y'ork County Fair a.«
■notation lias announced the dates for
the 19?:i fall full and festival n» Sop
i lember 17 to 21.
Financial
New Tork. Feb. 18.—The further
advance on the Stock Exchange last
week was quite unmistakably a re
flection, not of European conditions,
but of the financial and industrial
situation at homo. Whether the mar
ket could have moved as it dirt if the
financial mind had taken seriously
the predictions of disaster in conti
nental Europe, is another question;
but the actual fact was that the in
vestment market had, to all intents,
forgotten Europe. It had its eye on
the weather signs of business con
ditions in this country, and moved in
response to what it saw.
These indications were somewhat
remarkable. To sum up the most im
portant of them, it may be said that
the recent statements comprise week
ly exchange of checks at American
banks which broke all records for uny
corresponding period; railway traffic,
measured by car loadings, which simi
larly overtopped the best previous
showing for this time of year: the
largest January steel output since
March, 1920, and the largest January
iron production since February 1919.
Heavy C otton PnrchasM.
Purchase of cotton by the home spin
ning Industry in January which, notwith
standing the high price, has never but
twice b#»en exceeded in any month, those
two occasions being in wartime and by
way of evidence that this raw materia!
was going quickly Into consumption, a
strtemetit by the consul bureau that the
uumb.r of textile spindles active in thia
country at the beginning of February vai
the greatest ever reported These are
evidences from many angle* of expand
ing trade and the etock market's move
ment was It*v recognition of them.
Whether as an Indication of probable
results from the Ruhr experiment or fsa
reflection of econnomlc tendencies in F.u
rope, the course of the foreign exchange
markets last week became singularly
confusing That French and Belgian ex
change should have failed to recover def
initely frobi the rodent lowest waa na
tural enough, in view of the mixed feel
ings with which the Franco-German situa
tion l« popularly regarded But on the
oth«»r hand, the German mark icored a
fairly sensational recovery from the bot
tom price of January and sterling rose
practically to the high point of the period.
Yet. If ihe political r**su:ts which ha'f
occasionally predicted from the Ruhr o»
cupatlon were seriously expected, an ad
vance In sterling would have been hardly
cor.servable, nnd It Is hard to discover
anything in the news which should have
enhanced the value of the mark.
Only Kxplanntlon.
The explanation of these Inconsisten
cies doubtiea lies in the fart that there
is no way of determining the actual in
trinsic value of an irredeemable and
depreciated paper currency, and therefore
that speculation has an unusually free
hand In driving the valuation up or down.
When the German mark had already
shrunk nearly 100 per cent frr>m i's nor
mal valuation of K cents, it would be
perfectly (utile to dtacus* whether Ita real i
value was two thousandths of a cent or
live thousandths
The only possible teat would be whether
more people wanted to buy marks a*, a1
given prpe than to sell them and vice
versa.
It may. however, he fairly assume ! ^
that the excessively violent percentage d»- •
cline from fourteen thousandth* of a cent j
on January 2 to two thousandths on Janu
ary 20, e as caused not only by prodigious
output of n*w paper marks and their •*!• j
abroad by Germany to pay for Imported i
merchandise, but by selling real or aper-j- j
latlve, baaed on the belief that the Ruhr j
blockade w ould compel a complete shut- j
dor of German manufacturing Indus- •
try.
Predictions Not Fulfilled.
There was much talk of that in Janu
ary; and also of a probability that Oer
many would no longer be able to Import ■
raw material of manufacture. But neither ,
prediction has been fulfills^ If the mar- .
Kit had been dlttlBf in sns'fs of Ger
man manufatcurlng concerns. Instead of
.n paper marks, then what may be called
the 12 point decline followed by a I
point recovery, would be recognised as an
entirely natural movement.
On the other hand, no market cal
culation can ignore the fart that the
German paper currency has been nearly
doubled since the January Faria confer
ence If the capital stock of a corpora
tlon were doubled without any change in
its earning power the stock market •
would probah'y quote a new stock at j
only one-half as much per share as It I
had been quoting the old The decline '
indicates ♦he confusion of influences bear
ing on the market for such a currency.
There Is even the possibility of an or
ganised "campaign'' of capitalists to force,
down the mark or the franc, with or with
out a political motive
Business Activities
Open Blacksmith shop.
DeWItt—Webb Smith bought the blach
smlth tools of Wrn Peterson and e<pec»*
to u-e part of hi* garage a* a blacksmith
shop. \fr. Peterson will ui* his building,
formerly used as a blacksmith -hop.
as a factory f r the '■hr* Peterson wrench.
Improve 4*aa Plant.
Mr 'ooU—The r.Maena Mrs compare of
M.m'oi his let the contract for 11°.000
worth of tmproverxw a and addition- to
It* present pis • The: Mpr-’t t > have
the Improvements completed tn about £ ■
day* making the r plant one of the b**t
tn the section if Nebraska.
Open Motor Agency.
Cetumbu*—<i. <* Provoe* of Omaha -*-**
in Columbus completing errangemen** for
the establishment her* of an automobile
agencj under the f.rm name of Provnet
Motor company. The < *rs and tru'ks •• U
be handled at wholesale and f*t* . w»'h
Columbus as the ,« «• r'but ng punt for
four counties controlled by the firm.
Bank Plan* Home
Falrbury—The First National bank of
Falrbury Is to build a new home, which
ell <o»t $79,000 Th* work will begin
Ap'.l I. end the ron'cart calls fo- com
pletion by November 1 The er*enor of
the structure will be built of white H«d
ford rock and the bank floor* w II be of
marble The building will be two stores
high The main room *>f the second story
will he rented by the Falrbury chamber
of Commerce for a permanent home and
the rest of the spa • will be fitted for
offio-s The bank will n-rupy the corner
and two room* will he equipped for atore
purposes
Th * la the beg.nnlng of an era of build
ing in Falrbury The V *’.ro<srj com
pany l* about to Peg n ihelr large whole
«ale hou*e c w Smith. * local capital
ist. is figuring on replacing the Htecle
block and Frank tfage 1* r*mod*I.ng his
block at this tim
Heafrlur Pair
I
passed an ordinance creating pav ng dis
trict No 44 In the eae* part of the Clt>
arid repaving district# No- 10, 11. 1?. 1
and 14 II it the purpeae of flie com
missioners to pa' e and repave the>ra <1.
trlct* the coming summer
Mason* to lluild.
Atiburn—The Masonic lodge of thie
place has bought lota and will beg n the
erection of a 'hr*e#tory building. lOilFi
fe*t The itru'ture will he of fire-proof
material.
( ortlend Vf»i Hold
Beatrice- F. T Kb-rhsrdt f the i. b
ert> Journal has purchased the t'ortland
News of i: W Masters
Trnde Telephone Kn lmni*
Keatrh e M i* Hiatt has ttaded the
Reynold* tt s* •»
Patton of Morow'dile, Ksn . for an *o
ami farm in Ksneae.
Terumseli Hotel gold.
Tecurnaeh—J. M Farrier ha* »■ <1 the
Arcade hn»«*l m Tecumseh to Mi J U
Hrotae of Humboldt, end the chango w i|
be made Mar*h 1 Mrs Oroae* secure*
the brick building and entire equipment
•he has formerly operated the Park h - ei
at Humboldt.
liny Hefnn* t Store.
Folumbua—Flight atockholders of ’be
defunct Farmers' store at lindeay oho
had signed a.s sureties on the mortgage,
bought the brick building erected and
formerly occupied b> the company «t
sheriff* ail* foi $u.00f> The bulliltng
was erected several years ago, • mating
$31. ono.
Keep Peper tiulll|
Pawnee < |tv--The Hiberf Journal, the
only paper In Uherti. will continue to
ex let If the cltlsen* of the vtllag rati
cause It to Ha publication was recently
abandoned by th# editor a* unprofitable
The cltUens got together and appointed
delegation# to collect new# and advertis
ing. and with th - compiled, they had it
i printed by th# chop of tire Ilurchard
Time*
Vote on Hood
Falrbury -Friday. February 2.’. a ♦ U*
| date set for lOttng on n $"A0.t>t)d bond
j issue to build and cu p • re- high
I a. bool building
1.limber t om pom 4|uile.
Powell Tho rpwell Humber rninp«n>
will dlecontlnue hu-inea» The *heda have
I been sold to a Falrbury contractor to he
torn down.
F.ndirott < aie Hold.
Kndlcott 11 1. Th'iMM n farmer ie
j ildlng near Kndlcott, hai purchased the
Kellry rcataursnt and barber shop.
Omaha Produce
(By Stata Deparfmeat of Agriculture
Bureau of Market* and Marketing.)
Corrected February IT.
BUTTER
Creamery—Local Jobbing price to retail
er*: Extra*. 60* ; extras in 60-lb. tuba, 40c;
standard*, 49c; firsts. 47*»
Dairy — Buyer* are paying S3o for
best table butter (Trapped roll); 28c for
common and 2uc for cl»*n packing stock.
BUTTKRFAT.
Local buyers paying 42o at country eta*
lions 4 9c delivered Omaha.
£009.
Most buyers are paying around $*.50 per
rase for fresh egg*, delivered Omaha,
Stale held eggs at market value.
Jobbing price to retailers: Fresh: Hpe
clals, 35* , seledt*. 33c; No. J small, 80c.
POULTRY
Live: Heavy hens and pullets, 10c; light
hens and pullet*, 19c; spring roostors,
• moofh leg*. 18r; stags all #lze*. 16c; Leg
horn poultry about 3c iesa: old cock*. 10c;
duck*. fat, full feathered. 18c; g<*<*8c, fat,
full feathered, 16c; turkey#. fat nine
pounda and up, 20c ; no culls, aide or crip
pled poultry wanted.
Jobbing price of dressed poultry to re
tailers: Broilers 40c; srrlng*. 28c; heavy,
hen*. 27c; light hens, 27c; roosters, 18c;
ducks, L’5c; geese, 24c; turkeys, 46c.
BEEF CUTS.
The wholesale prices of beef cuts 1n ef
fect today are as follow#.
Ribs—No. 1, 27c; No. 2, 26c; No. 3. lie.
Loins—No. 1, 33c: No. 2. Sir; No. 3. 18c.
Rounda—No. 1. lGVfcc; No. 2, 16c; No. I,
12c.
Platea—No. J, 7 4c; No. 2. 7c; No. 3, «c.
Chuck*—No. 1, 12c; No. 2, 11 Vic; No. 3,
• Vic.
CHEESE.
floral Jobber# are aellfng American
cheeae. fancy grade, at about the follow
ing price* Twins, 27c; single daisies,
274c; double daisies, 27< ; Young Americas,
20c; longhorn, 28c; square print*. 284c;
brick. 28c.
fruits.
Strawberries—Florida, 60c per quart.
Banana.*— 9c per pound.
Oranges—Extra fancy California navels,
per box. according to size. $4.0^© 3.50.
Lemons—Extra California, 200 to 880
sixes, per box, $7.00; choice, 300 to 360
sixes. $6.50: Limes, $1.00 per 100.
Grapefruit—Fio#4da. fancy, all s;ze#,
$3.75 to $6.25 per box.
Cranberries—100-pound barrels, $13.50 to
$17.00; 60-pound boxes, $3.ou; 82-pound
boxes, $4.50.
Apple#—Delicious, according to size and
quality, per box, $2.36 to $2.75; Washing
ton Jonathans, per box, $1.60 to $2.26;
Iowa Jonathans, fancy, per bbl., $5.60;
bushel basket. $1 85; Grimes Golden.
t an^y, per bbl., $5.60; ditto, choice, per
bbl., $3.50; Northern Spy. per box. $1.76
to $2.00 Hood River Winter Banana,
fancy, $2.50; ditto, choice. $3.00; bpltzen
berger. fancy, per box, $2.76; Gano, fancy,
per bbL. $4 76: Ben Davit, fancy, per
bb!., $4.75; Black Twig*, per bbl., $5.60;
Greening*, per bbl., $6.Of.
Quincaa—California, fgney, per box,
$1.00.
pear* — Winter Kells, fancy, per box.
$3.00: Hood River Dutchess, per box, $4 00
Grapes—Red Emperor, per box, $6.60 to
$7.00
Flga—California, 24 8-oz. carton boxes.
$2.75; 60 8-oz carton boxes, $3.76; New
Smyrna figa, o-lb. box, per lb lie.
Date#—Hollow!. 7°-lb. butts, 10c per
pound; Dromedary, 38 10-oz. cases, $6.76.
Avocado#—Alligator pear*, par dozen*
$9.00.
SEED. *
Omaha tuyere are paying the following
price* for freld a**d. ihreen* r run. de
livered Omaha. Quotaton* *r* on tb«
baala of hundredweigh? rneaaure
Seed—Aifgi/a. II 2.00# 15 90: r*d cl©'. *r,
99 oo© 15 00; atayk*. II.W#11.09; tim
othy, $♦ 00# 5.99 ; Sudan gra**. $3 To©
▼ 5°. white Mmreorxt e.re*t clover, 13.00©
7.00; millet, high grad* German. $2.00#
2.60 common millet, 11.60© 2.90; amber
■orghum can. $2.00©2.25.
FLOUR.
First patent. In 96-lb. bag* $*> TO per
bbl ; far. v clear. 1n 49-lb hag* $3 55 per
bbl. White o- yellow cornmea!. per cwt.,
$1.76. Quotation* are for round lot* f. o. b.
Omaha.
FRED.
Omaha m!:;e and Jobber* a»e eelltn* '
their product* In round lot* at the follow
tog price*, f o, h. Omaha
Bran — $26 90; brown abort*. 119 00 gr*
•hort*. $31.90; middling* $3? 0c Tnddog.
alfalfa mu!, choice $76.76 No !.
1 J
53 10; cottonseed rr.eai, 42 pe: cei.t $61.09
©42.00. homin' feed. *h **. $29 00; yellow,
$29.00; buttermilk, condensed. 6 ?o 9 bar
rel*. 3 lo p«r lb., flake buttermlB . £09 to
1.509 lb» , 7!,c per !b-; *§s eh*i:». dried
and ground, lr,0-!b hag* $25.00 per ton.
VEGETABLES.
Potato**-—Nebraska Early Chios No. 1,
$1.25 p-rr o» f ; No ? 76f to 11 09; Mir -
neeota Red River Ohio*. No 1, $1.2 a to
$1 60 per cwt Idaho RuM*tn. $1 35 per
cwt ; Idaho Netted Gem a. $1.75 per cwt
Sweet Potato**—Bushel era'**, about
43 lb* . $" 00; Porto Rtco R*d*. crate*,
about 50 lb*. $2.35.
Rad.ahe*—New aouthern. doren bunch'*,
• O'*.
Old Root*—H*et* carrot* turnip* p*r
■nlpe. rutaMfas. r»f pound. 2 4*c; in,
sack*, per pound. IH".
New Root*—Southern turrlp*. beet*,
carrot*, per d^een bunch**, 90c.
I ettuca—California head <4 do* ), prr
crate $4 2 5 per dog . $1.10; hfthouae leaf,
per doze.n. 60c.
Artlrhokee—Per do**r, $2.60.
Pepper*—Green, rrark't basket ?5c per
pound
Mushroom*—T3c per peund
Egg Plant — Selected, per pound, 10c.
Onion*—Southern (new) per d .*t>
bunrh**. 75*; Ohio Wh’te* $7 C9 per
c«t Red Globe*, per lb.. 2>4c. yelk1*’
per lb I'-jc 'n.ported Spanish, per >.r*te.
*’ :•«.
Toro* to**—florid* *it-b**ket crate
$6.00. fan red r-.pe Mexican. 2* b. lub.
$? 75
Be ana s- uthern 0” g »en. per
hamper $5 00 to $7 00
Cauliflower—California, p*. c:*te, $175
to I; 09
Garlic—Ter pound. Ci^.
r'sbbage—2--50 1 nunds, 2 ; *n '-a***
rer pound 2 He, red qabbag*. pe- pound.
$r; celery labbage, per pound, 15c; Hrua*
• ell aproute per pound. 29c
Celery-— aliform* per do*'n. a ordlng
to * -*. $1 3j to $1 63; California (not
trimmed', per crat*. $7 00.
• hallo?*. Parsley- Do. • i hunch'* Tic.
flyinach—Per bu«h*l. It 69.
HAT
Price* *t which »«!o«ha de* er® ate
•tiling In carload lot* fohow
Upland Prairie- No 1. |I4 ' J 99; No.
7. 911.09013.90; No. 6 $9.99# 10 0*'.
Midland Pr*?rt*—N l. $:: 5- #!4 :-0;
No. $10.09© 1.00, No. $. $7 90#t9*.
Lowland Prairie— N> 1, $l«.90#i 1.09;
No. ? $7 «0f»6 no.
Alfa if *—Choice. $!3 0fl#:i00: No. 1, \
$2** 00# 11.09; atanda-d li;.OA#19.09; No.
2. Ill 90 #16 00 No. 6. I12.D0# 14 00.
Straw*© Oat, $1 90#» 50; wheat. $7 CO#
I 0fl.
htdks. rtns. wcx»u
l’rlce* p rinted teio» are on the b*4l* |
of buyer*' weight* and aeler'lon*. deliver*
ed Omaha
Hide*—4 urrent hide* No 1. 1! - No
19c; risen bide*. 9 aid |r bull*. I and
7c; branded hide*. « . glue h de*. C . Kip.
1! and 10c; dernna. *" each, glue calf
and kip 6* . hor*e b.dee, 14 . •• I 3 3.
por*e* and gluee. ll* #a«h. • o!t*. 26c
each, hug aklnr, t each, dry hide*, N»
I. l.c per 11 ; dty tailed. 1:« . drj glue,
•c
V ool—Wool pelte |! *o I" 60 for full
wooled aklna; *pr :,g lamb* •« to 11 *o
for late taka off. « III». no >alue, won’.
:i0 to tie.
Tallow and fJreaa#—So. 1 (allow. % .
A tallow. 7f. No 2 tallow. (f< . A gr.-ate «
hr. n grea»c 7c. yellow grease €«*c;j
brown grease, ♦>
«’rackling* - l*ork. ISO p*r ton, b*ef. 1*9
per ton.
l<*«aw*T I 0 per ton
Kun» ~*<kunk central *'a*e* narrow.
1? oo. No 1 amall. IliO; no r good un
prime, fl 09. tuu'-krat, wentern fall, iarg ,
II. fo, medium 11 . smal’ * j*rc •
• •ntral. ordinary. Iarg . 13 99. medium.
1149. small I 2 No. $125. mink.’
central, ordinary, large. 16.39. medium.
• 37-; emi11, 11.31 No .. »i so. wolf,
north* eetorti. e> f(, laig- fi;‘0® for. »*r
tral. gray. iarg*-. |?on; medium. |1 39.
■ mall. T6< No 76c, Mvsi, prim*. bV to
26c; |vn* < *♦. I* 9 to ll 90. beaver, legal,
ly caught. 139 90 ♦-> 15.90; ftaher. ITVO®
to I »«• o(far. foO -.9 to 1-90 wee«e|(
« hit*, ll 90 to 2ir wildcat. |1 1-9 t* ; r .
h«dg*r. 11 69 to 19c, marten, $4° 09 to
|f 09, boar, f 6 99 to II 99
Jury l uultlr to Agree.
MTchltii fall*. Tri , Feb I - -The
Jury in the crine of MaJ. W. T, fharjv
borne, charged with murder in C«*n
nection with the killing of \V. C, K»
mar, January s. wa* discharged l»y
Judge Wilson nft«r the member* r**
ported they could not Agree Tlu' Jury
wan out 60 hour*.
Muirs Sent to India.
North I.oup—V. IV. Hohhlns. live
stock broker. shipped three cars of
mules from this territory which were
Intrude# for use ns pack nnhmds In
British India. It will require two to
three months overland and sea to
transfer them to their final destin.i
tlon.
Merclisnl Mrsnehe* Oat.
r*«’nro <*lt) O'oi |* Krgttt# omll
rn ft chant «»f Virginia, ha* opened a mtc
on 1 «ftnr» In Armour Tha leading *toi*
of Armour tin burned a ahor. Hn>e ago
anti tha proprietor did no» »e* fit »o
*t*il up again Iher#
Trade Review
By R. o. m \ A CO.
Kvidence of further business expansion
appeared this week. Activities In moat
quarters steadily gain momentum, and
the point has been reached in different
instances where insults are being com
pared with the best previous records. Ko
month even in war t.mes saw as many
• otton spindles running us was the esse
this January, and the steel industry haa
attained practically the highest ra'e of
operation possible under exiting condi
tions. The main problem now. broadly
- onaldered, ia not one of finding employ
ment for workers, but rather of assuring
enough men to maintain outputs on the
rale warranted by current demands. Some
buyers, quicker tggn others to sense the
'-hanged situation, have endeavored to
commit themselves heavily with manufac
turera, co as to secure protection against
full\rjf requirements. The policy of not
a ffw producers, however, is one of
discourag.ng over-purcha !ng, ?.nd there
Is more of a tendency, enpe* lally In the
nteel trade to look to jobbing channels for
■♦ourrM of supply. That prices of many
commodities arc strengthening under
pressure of the larger consumption has
been (dearly shown by Dun'a ltat of
wholesale quotations, which has dis
closed an excess of advances in every
week this year, and reports are becoming
mo/e common of premiums b^lng offered
to hasten shipments. Difficulty in mak
ing prompt deliveries frequently !s en
countered, owing to different drawbacks,
and storms and cold In various parts of
the country ha^ e further Impeded tha
transportsllon of merchandise The
weather, on the oth^r hand, has appre
ciably stimulated retail distribution, and
the Isrg#* turnover of rubber footwear
thia winter has been a prominent feature.
•fanuury Bank Clearing* Crain.
1 Among the statistic*! measure* ot bu*l
r*.t s progress, the record of bank clear
ing* stand* out prominently. With oper
1 ationa nearly everywhere on an expand
i fng scale, and with the advancing com
modity price.- bank clearings ratut^ily
are of larger volume, reaching an aggre
gate of nearly $34,960,000,000 «*t 111 cit es
in the United Ftate* during January. Kx
amtnatmn of earlier returns show That
the January total has not be*9i equaled
l since December, 1920. and there is a gain
of about -1 p< r cent over the figure* of
a year ayo The rise in the January
.clearings waa countrywide, but the larg
est Increase cccurred at point* outside
of New Yurk ■ ity, where the aggregate
was fully SO per rant in ex'*** ot that
i of *) t wm* period of 1922. The gain
i at file metropolis wm a Mtfle more than
| 1 4 per t nit.
Hteel Industry Continue* Active.
K*' h week of late ha* found the atc'.l
industry working into a stronger position,
both In respect of the volume of business
and prices Published quotation- this
\e»k disc|r*>*- h. number of additional
%d%an- »-s. ranging from &nc a ton on open
hee». bars to $2 60 on wire rods More
than this, report* of premium* being paid
for quick ffklpments are becoming more
frequent. and warehouse pri e* are
strengthening steadily. Th* policy of
*rgr producers is one ,t conservatism, the
efforts of buyer* to place heavy commit
ment* with mills usually resulting in the
acceptance of only a part of the orders
offered This attitude In the part of *•:
or* refie»*s a d#» re to prevent over-pnw*
chaxlng and to hold the market within
the limit* of safety. The price upturn not
<n!y embrace. »>*>! product* by*. a!*o
pig iron, increases of 50c * ton being re
corded r»n .--veral grade* this week.
Steady Dry C.oods Market*.
The maintenance * broad demand
for dry good* I* reL-cted by current
report both f ram wholesale and retail
hanne> Distribution remain.- active
practically ever? where, and large-scale
mill operations continue Buying of * ks
• ** been stimulated by the exhibition be d
under the auspice* f f the leading nation
al associations, whl e retailers are pur
chas'ng other tex»‘!e# ;n a steady *ray. if
•arefu :> With raw cotton holding a* a
high level, the r.f in cotton goods prices
has be.*n extended, not only in prima-/ 1
m*rkei> but a to in jobbing circles. It 1*
’'ill a fact, however, that retail pri-rs
o rr.ar.; goods have not reached * parity
•vith tho«a in fir*» hand* and doubt * jet
*xpressed a.* *o th" pmbaMo attitudo of
con*umers when the higher price* are
passed on to the counters
l arge Dome* tie < ((m«umpl>ot).
The bureau »• Washington Is
•ued a statement this weak Indicating that
greater activity prevailed in domestic cot
♦ oa manufacturing during January than trx
any preceding month In the history at
the Industry While the January con
sumption of co?*on has twice before been
ex"ee«ied the number of active spindle**
cr©e«*d the 3:. OOO.O^o-mark for the f.rat
time on record. Nearly 1.006.989 more
spindles e ere In operation at the end of
January than wae rhe >'«i« a year pre
Vlou* sc I th» month’s consumption of
910 J76 bale* of lint rottor *epre»ent» art
Increase of practically *2.769 ba:*» over
the quantity <oi»aurr.ed by Anssrman ml!!*
in January. 191? No statistic* of exports
were included in this meek * Washington
report *o that comparisons of the fore.fi
outgo of r ;'tton in January are not pos
sible.
Incresiae In leather Ruxine**.
e recent trad g in hid# rnarket*
’la* been of moderate ;« portions only,
busire** in sorr* de#crj|Aona of leather
has increased aubatantlally Large *a>**
f *o,e leather In har'r* and bend* and
ffa’ ha" o< urred in leading easttri*
erters with shoe rranufa~turers mt>r«
act'.v* buyer*, and confidence among tan
ners of heavy ate k ha* strengthened.
The ulaposltion no wl* to tAlk firmer
pr* e-. .ir1 actual arLaroe* hxve been
n*r or.led on certain grade* rf off* Thu*
'ir, upper !»ather hs* rot shared in th*
'mprm ed demand noted In *^me leather,
although eisabl* trar*a"tior * have devel
oped in ertaln quarter* On the whole,
price* - espscH for
•taple 1 nei o? he** x!d* leathers. (i f- ,
skins and patent leather
I eipli School* Name Head.
»'olumbuti—Robert A Smty of th*
Columbus High school faculty has
!>cen elected superintendent of th*
l,#igh schools for next yrar at a sal* t
ary • f $?.Q06. Mr Slaty, former
coach at Midland college at Fremont,
whs assisting Coach Rich here in the !
athletic department
eekly Failure*
Bu*ine*« failure* for the w *# , adding
Lehruarr 1;. hr.. Ia> «wk) number
3*0 wht'h coiinare* With 40# last week.
n th# • * * * of 111. 3»» in 112!.
:«* in 1 •. “ .. » *12 n 1918.
CASTOR IA
For Infanta and Children
In use for over 30 years
Say “Bayer” and Insist!
j
#
1'nlea* you sec the name ’Tarver"
on package or on tablets you are not
getting the genuine Payer product
prescribed by phyniclnna over "’J
years niul proved safe by million* for
< 'old*
Tootharli*
Harach*
Neuralgia
Tirailacha
T.umhagt»
IttiaumatUm
l’aln, Pain
\ivept "Bayer Tablets of Aspirin"
only. Kavli unbroken package con
t tins proper directions Handy boxes
nf twelve tablets cost few cents
Druggists -nlso sell bottles of : 4 and
100 tsplrln is tbe (cade mark of
tlayer Manufacture of Monoai etn
acldrster of Kelicylicacnl.
Chicago Grain
Chicago, Feb. IS,—Trend of values j
in the Mheat market at the present
time is not. well defined. There has j
been considerable change in sentiment
regarding the May delivery, but taken
as a whole the trade looks for still
higher prices for the July and the
September, which represent the new
crop, which will not be harvested un
til June and July.
From a statistical standpoint the
May is regarded as in a rather weak
position at the moment, as the ex
port demand remains Flow, both for
hard winter and Manitoba*. It was
very noticeable, however, that lato in 1
the week the foreign news, which had
been extremely bearish of late, took
a decided turn for the better. Liver
pool May wheat closed 11 over
Chicago on February 10 and was
16*ic over at the finish on Saturday,
making a net gain of 2t*c for the
week in the face of a decline of 2 T*o
here.
Prediction* Yerlfie«J.
W'.rn the marker was advancing, tho»#/
bullish on May wheat paid no attention
to bearish news from abroad and dur
ing the period when the market was de
clining, bullish report te were also ig
bored. The prediction of the buds that
tb« movement of rash wheat to terminal
market would fall off rr.a*erially. ha-, e
be*n verified, and arrivals last we k v ere
!,i00,0#9 bushels leas than last year Un
>ss they increase materially, the visible
supply should commence- to decrease from
row on. as It urualiy does at this sea
son of the year.
The new winter "heat crop still has
a! lof It* gre:f ahead of !♦. w,ch a -
' ounta for the bullish sentiment preva.l
ir.g In the July and September It vr-.Il
be a month or more before there bar
been sufficient growing weather *o per
mit an accurate estimate as to the con
dition of the crop Should the tr* car.
which was reported over the fields of
n.any sections of the belt, prevail for
any lenght of time, ’he Apr! 1 govern
ment report may make a poorer showing
than the trade has b*en expec’.ng. In
'>17 a December condition of kl 7 was
followed by grj April 1 report of 4: 4. al
though there was a stfady ,mprover.>»nt
from that time to harve** with July
showing 11 $ There •were II..77.00(1 acres
report* das abandoned that . e®, the larg
est on record.
Situation Weak.
From a statistical standp nt the whea*
situation may be regarded as rather w»ak. •
but "tatSuct have had little influence!
on the ultima’* ’rend of values for **v- ,
e*al >ear.». although frequently they have
caused numerous bulge* of breaks, vh: <
th* t-end of prices has been largely In
accord w.*h those of other commodities.
Wheat and rye price* are still too low
lu comparison with other commodities. as
th« bulls see It.
6eldon is a bull market ever checked
by the first break, and the present time
promise* to be no "i^eption. The uneaei
r*s» wh'.eh prevailed Just before the b t
decline smarted last wee* ha* passed and
th* trade s wal'lng for »orn* new :n
ertlve before tak.r.g a derided stand on
• ither side The action of the mi'ke: of
late has been somewhat similar to what
It w** earl: in l'»remcer *nd January,
when May dropped f-om S'. to II IS-*
going through a period of a- umulatioa
from li 18 down :n the face of heavy li
quidation. while the ia#t week has found
NOW SHOWING
MARION DAVIES
’When Knighthood
Was in Flower:
Cetmepohta\ Pmiu.-;im
THE mil
lion dol
lar romance
magnificent.
EMPRESS
NOW SHOWING
“The Pride
of Palomar"
with
Forrest Stanley
Marjorie Daw
in conjunction with
BIG-TIME
VAUDEVILLE
Twico Doitv- 2:1S A »:15. Now Pla>iR|
Amount. Amusing, liutnKtivt
T ht Eminent Fremh Fev* kolofitt
J. ROBERT PAULINE
Remarkable P*>cKic Dehorntration*.
Auto-.Su f seat len
“T>»» t «IUr WriUr"
Clara
SIGNOR FR1SCOE
Tli# Pfslir rhonogrph Artist
I rank Ward A Oolite*
Elly
Afiop * FlbUi
Topiti «*f tH# P«v
Path* N**i
ALMA NEILSON CO
in *'R*h*m*a‘
Wtek Starting Sunday* Fab. 25
En|*|«ni«nt Moat Ektraar^iuiy
Th* International Actor
MR. LOU TELLEGEN
Preventing H»a Own On# Act Tlay
"BLIND YOUTH"
MATINEES
I Sc 30c
Plus I
II.5.TM |
NIGHTS
18c to $1 00
• OMAN* * rv* CtATCP**
iJO/niAdFtl* *kl 4 *,TI T00AY
y*lyvJy rar.wA* ruicts
Thara‘t » u» Mvalr an* PrAttr « '•
“KEEP SMILING” SSVtT.V1
AR- lUr Cnl •( I iiaHtM DCDT I IUD
Pull#»Ai far* wait raa»a4Na«. ■ VMItll
- AM*
A P*anty Charwt That D<*#» Aaa# tmllfaf
lid’**' IJc a< 2i< at Daily Mat'***, 5.11’
support given when price* w»rs around
fT.lt.
i orn Halted in C limb.
Hilling demands for rash «b“*' »' ■
signs of Increas.ng. although w#r* whip
ping directions g.v»n (>n finu that i*
now on the books of trill*, the call would
unquestionably be batter
Corn ha* halted in Pa upward move bar
as th® result of the recent heavy pro'
taking hedging as lew but the bulls *r
confident that it is only momentary and
in aom* quarters it Is hoped the1 e rap
td advance in prices does not materta.z*
for horr.e tins® to come.
It is safe to estimate that the coun*r
•old between 1,040,14} and 10.ft09.fKiO
bushels cash corn so far ’hia month, the,
bu!k of which bad b*cn hedged by sales
of May wheat here, not an uno.-ua! quan
tify of grain and equal to about two
we*ks of good 'ec#»ipi* at Chicago. In* -
much as th' corn » h*n It mo\ *p, v., !
be appli-d on contracts and hedges ha **
already been placed, there w.l! bo litl’c
T.ew pressure on the market except from
those v.ho are sentimental/ aff'*' ted by
the larg«, arrivals
There »• still plenty of corn back in
the country, but unices farmers a*!! free. ■
before the breaking up of the interior
roads the next big movement w 11 ham
come until oats seeding it out of th*
way.
eekly F ood Index Higher
Bradstr****'* Food Index Number, b»i*d
on the v holesale prie«* per pound of -21
tor |3.l
w ith %Z last ' eek and $3.12 f >r thm
week ending February 36. If22 Th e
we*k s number shows a g*i.n of 3 1 l>f •’*
tent over last week and of ? 6 per cent
over the like weea nt last year.
Increased: Wh *a\ red, oata. barley,
short ribs, butter, sugar, ra-, . sugar, re
fined; coffee, eggs, bogs, live: lambs, live,
• Qtton gray good-, petrol, 'rod*, hay, pig
iron, Jtea* . pig Iron, aouthern. »te»! bil
lette. Bess 8**-eI billet* O-H ; 'a- w h** ».
old. Philadelphia; rte*l scrap, Pittsburgh**
wire nails, copper, tin.
I.*ecr*as*d: Flour, whre*. »pr r»g; forn.
ham*, lard, cheese currant?, sheep . «,
leather, coke, ruober.
Kee V.'ifnt Ad* Produ'* R^Jltf.
Vaudeville—Photoplay*
OMAHA IS
AMAZED
at the remarkable series of
illusions offered by
All-Star Supporting
Show
EXTRA
Tomorrow Eve.
“Spook Night”
Demonstration of i
Sp iritualistic Phenomena
$50.00 REWARD
for anyone who can build » pack
inf case from which Blackstone
cannot escape. Watch for fur
ther announcements.
j BIG DOUBLE SHOW
; THIS THIS
, WEEK l M L*jL*lk.£ EEK
LON [ “WHILE
CHANEY 1IHRIS SLEEPS
ADDED FEATURE
H C WIT WEE S
Great Stories of the Ring
THE NEW
“LEATHER
PUSHERS"
With Reginald Denny.
NOW •' hit
A HIT NOW
Booth
TMKlNCTON*S
You tril! romemoer it ion# after »r’i
taro forcotten most other picture*.
Now Playing
“THE BEAUTfFUL
and
THE DAMNED”
Wi«H
MARIE PREVOST and
KENNETH HARLAN
NEIGHBORHOOD THEATERS
HAMILTON * - 40th and Hamilton
EMERY JONSON S
"THE THIRD ALARM ’
VICTORIA .... 34th and Fart
STRONGHEART tthc dog)
•ONE CLEAR CALL'*
GRAND .... 16th and Bittnoy
MADGE BELLAMY
and JOHN ROWERS
in -LORNA DOONE"
Mischa Elman
\ IOL1NIST
Auditorium. F#k 20, 8:15 P M,
Tickota: $1. $1.50. $2 00, $2 50
5mI» Now o«i Solo
No War To*