The Grand Babylon Hotel By ARNOLD BENNETT. (Continued From Saturday.) "■Will you not comp with us Eu fcen?” said Prince Aribert. “Leave me alone." was the strange leply. "Who Is that fellow?” “That is my friend, Air. -KackBole, an American—to whom wc owe a /Treat deal. Come and have supper, Eugen.” “I won't,” answered Eugcn dogged ly. "I’m waiting here for her. She •aid she'd come.” "Who is she?” Aribert asked, hu moring him. "She? You mustn't ask. Don’t pry, Encle Aribert. She was wearing a red hat.” "I'll take you to her, my dear Eu gcn.” Prince Aribert put his hand on the other's shoulder, but Eugcn shook him off violently, stood up, and then sat down again. His face was flushed, and Racksole observed that the left pupil was more dilated than the right. The man stared, mut tered odd, fragmentary scraps of sentence#, now grumbling, now whin ing. "We had better get hitn upstairs, somehow,'’ said Racksole. "Yes,” Aribert assented. “Eugen, 1he lady with the red hat, the lady you are waiting for, is upstairs. .She has sent us down to ask you to come up.” N”Himmei:” the poor fellow ex claimed. with a kind of weak anger. “Why did you not say this before?” He rose, staggered towards Aribert, and fell headlong oti the floor. He had swooned. The two men raised him. carried him up the stone steps, and laid him with infinite care on a sofa. '"One of us must fetch a doctor,” , said Prince Aribert. ”1 will." said Racksole. At that j moment there was a quick, curt rap ondnn. where he wan lodged in the royttl aulte of the fimnd Unbylon hotel. The lady with CM Mid hat, the savage Mian Spencer, the unscrupulous and ' bril liant Jules, the dark, damp cellar, t he horrible little bedroofn—these things were over. Thanks to Prince Aribert and the Racksoles, he had emerged from them in safety. Only— only Jules, Rocco, and Miss Spencer were still at large, and Prince Kugen bad still to interview Mr. Sampson Levi. That various matters lay heavy on his mind was beyond ques tion. He seemed to have withdrawn himself. Despite the extraordinary experiences through which he had re cently passed, he would say scarcely a word to Prince Aribert. When Mr. Sampson Levi camo for the interview, Aribert detained Prince Kugen for a few minutes. Kugen im patiently demanded to know what he wan(ed to say to him. "Well, in the first place,” declared Aribert, “I want to say that you will not succeed with the estimable Mr. Sampson Levi. Tou will never get that million pounds out of him.” Prince Kugen gasped, and then swallowed his excitement. “Who has been talking? Who told you?” "Theodore Racksole, the millionaire. These rich men have no secrets from each other. It is rather a large sum to have scattered in 10 years, is it not? How did you manage it?” "Don't ask me. Aribert., 'Jve been a fool. But I swear to you that the woman whom you call 'the lady in the red hat' is the last of my follies. I am about to take a wife, and be come a -respectable prince." "Then the engagement with Princes Anna is an acconjpllshsd fact?" "Practically so. As soon as I have .settler! with Levi, all will be smooth. Albert, T wouldn't lose Anna for the Imperial throne. I love her as a man might love an angel.” "And yet you would deceive her as to your debts, Kugen?" "Not her. hut her absurd parents, and perhaps the emperor. They have heard rumors, and I must set those rumors at rest by presenting to them a clean sheet." " "I am glad you have been frank with me, Kugen,” said Prince Aribert, "but I will be plain with you. Tou will not he able to present a clean sheet to them. Because this Samp son Levi will never lend you a mil lion." "Explain yourself." "I propose to do so. Tou were kidnaped merely to compel you to fail in your appointment with Sampson Levi. And it appears to me that they succeeded." “Well, what of that? He is only loo glad to lend the money. He will get excellent interest and the tirinci pal in^lO years. How on earth have i you got into your sage old head this notion of a plot against me?" "Have you ever thought of the King of Bosnia?” asked Aribert cold ly. ‘‘He is going to marry the Princess Anna. Ho made overtures there a year ago, and was rebuffed, hut he will make overtures again, and this time he will not be rebuffed." "Then. Aribert. do you mean to convey to me that my detention in Ostend was contrived by the agents of ttto King of Bosnia?" "I do." "With a view to stopping my nego- i tiations with Sampson Levi, and so j putting an end to the possibility of i my marriage with Anna?” Aribert nodded. "Tou are a good friend to me Aribet. But you are mistaken. I will bet you a thousand marks that Sampson Levi and I come to terms this morning, and that the million is in my hands before I leave Iavndon." But this is what Sampson Levi told Prince Kugen when he was admitted to his presence: "I said I could keep that money available till the end of June, and you were to give me an interview here before that date. Not liaving heard from jour highness, and not knowing your highness’,, address, (hough my Herman agents made every inquiry. I concluded that you had made other arrangements. My syndicate has now lent the monej’ to the Chilian government.” The prince made a gesture of an noyance. “Mr. Levi,” he said, "if you do not place the money in my hands tomorrow you will ruin one of the oldest of reigning families. Tou are not keeping faith, and I had re lied on you." "Pardon me, your highness.” said little Levi, rising in resentment, “it is not I who have not kept faith. T beg to repeat that money is no longer at my disposal, and to bid your high ness good morning." That evening Felix Babylon came back to the hotel as a guest—he was homesick for the old place, l^acksole 1 welcomed him eagerly and related th* events that had taken place after he went away. He was startled upon learning that Babylon had teen Jules that daj' on the street , in London. Immedlatelj' decided that the former head waiter, would make another at tempt upon Prince Kugen. he rea soned, remembering the fate of Dim mock, that it might take the form of poisoning. He suggested wine as the medium likely to lie chosen, in spite of the fact that the prince's wine was always opened by his personal at lendant. This started Babylon on his pet hobby, the famous wire cellars under the hot*!, installed and stocked | by himself. Racksole had never seen them and on his suggestion they at once made them a visit. (Continued in TIip Morning Bee.) Pawnee City. High School Install* Course in Bible Pawnee Pity.—With the beginning nf the second semester, the Pawnee City High school installed a Rllilc eoursp similar to that taught hero last year. The students ssked for the lourse voluntarily. It gives them credit toward graduation the same ns do other studies. The ministers of the oily act as the fpachers. each teach ing for a month in, his turn. Former Premier Stfickcn Winnipeg. Man.. Feb. 25.—Former Premier T. C. Norris of Manitoba haw been stricken with paralyaiB, it was announced Saturday by medical men. following nn examination. He col lapsed in the legislature Friday. The troko i* not thought to he perma nent. Re-Elect Teacher*. Beatrice.—Members of the teaching staff of the peatrice achoola were re ff the board. Midland College. A family reunion of all the Krueger* "as held at the homo of President J. F. Krueger In honor of Dr. Krueger's brother and brhla * ho were spending their honey* inooti In Fremont. I he student council placed before the student body the proposition of ralatng the student fee ffom to |10 a year In otder that the Iecture.concart course might have the support of tha entire student body, enabling the college to book the l*e*t of talent a year ahead. The motion passed practically unanimously. The Midland radio broadcasting equip ment la now completed and in ready tn send and receive high claae programs. A j room ha* been filled up In the haa*ment of t'lemtnona hall which la large enough to accommodate n Jailors for receiving and the artists during broadcasting. I SKL^NT-^ Old Salem town In the latter 40s. intriguing bits of oriental life of that, day and duto are combined in the picture version of Joseph Herge shelmer’a "Java Head,” at the Strand. Xot the biggest picture of the year, nor the most spectacular, nor the vehicle of any famous stars, the entertainment quality is 100 per cent throughout. Thojie who have read the novel whjch deals with the fortunes of n skipper of a clipper ship and tells of his lore for a Cninese maiden whom he marries and brings back to narrow-minded. Salem, defying the old traditions of that very provincial town of far traveling seafaring folks, will be delighted with the pic ture. The artistry of the featured players Is charming. I.eatrii:o Joy is exoek lent as the Chinese maiden and Jac queline I»gan interprets the role of the sweetheart whom the sea cap tain has forsaken for the love of the daughter of China. Albert Ttoscoe, George Fawcett and Raymond Hat ton also have principal parts. Frak Mayo In "The Flaming Hour" at the Moon has a real melodrama with a pair of villians and plenty of action, ending in the demolishment of a huge pianufacturlr.g plant In an ' explosion. The theme of the story is the damage that, a quick and un governable temper ran do to business, marriage and all friendly acquaint- . onceehips. There it never a moment when the melodrama pauses anil fans who like thrills and suspense will surei.v obtain them aplenty. The romance woven into the story is consistent and the cast carries the action of the storm admirably. One plans to laugh at or with Char lie Chaplin in "The Pilgrim" at the Rialto this week and maybe see some thing more serious In Tlouglas Mc Lean In "Bell Boy 13." the other half of the bill. But there's a disappoint ment—not that you don't get to laugh all through "The Pilgrim," be cause you can hardly help laughing at the Inimitable Charlie, but when you wait for that serious part, there isn't any. "Bell Boy 13 is a riot of laughs also, it's the equal in humor of MsLeans success of two years ago, "23'4 Hours' Leave." Chaplin’s comedy this time is not as one might suppose humor at the expense of the minister of the law. It's all humor at the expense of Char lie and he's undeniably funny all through this latest release. As for "Bell Boy 13,” it is a farce constructed on some of the things that happen every day in modern ho. tel life. There is a plot but the pic ture doesn't need it for the plot part hasn't anything to do with the "gags'' that make up the real entertainment of the Aim. Mae Marsh has chosen “Till We Meet Again," which is featured at thej World this week, as her starring ve-, hide in which to journey hack to the hearts of picture fans after a two years' absence from screen work The picture has a further distinction in the fact that story, production and direction were all done hv William Christy Cabanne and the completed work Is a testimonial of what such unity of thought can produce. “Till We Meet Again" is essentially » \ drama full of thrills and suspense and lightened appreciably here and there with bits of humor. It is in teresting entertainment and Miss Marsh has given an excellent char-j acter portrayal in it. The story d-! seif is that of a young girl who w, \ cheated out of her Inheritance and1 unjustly placed in an Insane asylum. 1 She escapes and becomes friends with a band of crooks and through them comes Into conflict with the man who loves her. Booth Tarkington's story of Ameri can home life “The Flirt." which opened Its second week yesterday at the Sun theater is an honest to good ness story of regular people in realty hones t-to-good ness life and for that reason the picture will charm people who want to see something that might have happened to the family next door or so. Eileen Perry and Helen Jerome Eddy have the prinoipal roles but in addition there Is Geoige Nichols who plays the part of the father. He seems to Just live the part and there's a delightful impish small brother in the east too, played by Buddy Mes senger. There's plenty of laughs In every reel of the picture and there's pathos and the other emotl-ms. too. It Is such a wholly different sort of a story that It Is hard to say It Is better tlian anything you ever saw before, hut it is certainly or.e of the most entertaining films of the year. Agnes Ayers In "A Daughter dt Luxury,” at the Empress has not a j picture that I* anything sheiky at ail for the feminine star of “The 1 Sheik" has a rolllcky hit Of comedy drama w ith a succession of humordus situations. She portrays the part of a rich girl suddenly become poor, is found In innocent but suspicious clr ciiniHtances in an apartment with a married man. Is exposed when she at tempts to pose as an heiress and be comes entangled in a jewel con spiracy. i It Is relishing entertainment and the dramatic moments are handled excellently, setting off the lighter parts of the picture. Highway Project Planned Kearney, Neb., Feb. ?F>. —(Kpcrial >— I The county board of mi per vigors has announced that the next road project to be undertaken will be the con utructlon of a I.lncoln highway road bed from Keerney east to the county line, with a gravel surface. A new fed eral and stale aid road Is also plan ned between Shelton snd Ravenna, and another from Klin Creek south, to Platte river bridge. Highway to Be Improved Falrbury, Frb. 25.—(Hporlal.)—A highway to be known ae the Fnlr hury Pawnee City R line will be logged and worked at once. The highway connects Pawnee City and Falrbury, passing through Rurchnrd and Rlue Springs. The road Is *0 mile* long. The Rureau of Standards Is making sn exhaustive study of the efferts of various atmospheric conditions upon («Uas bottles. , a * Financial New York, Fob. 25.—February, which is apt to be a month of obscure and uncertain movement in the finan cial markets, has witnessed, this year, an unusual series of significant (banges. When last weolj Ftlotfe presented such phenomena ns the rise of ster ling exchange almost to tlie “pegged price** of war time, recovery in the franc and the French republic dollar bonds, achievement by the German icichsbank of nearly half a trillion marks in its weekly output of paper currency, advance in cotton almost to tho 30c price which, except, for the speculative period between 3!♦ 17 and the middle of 1920, has not been touched in this county since civil war times and, finally, the first raising of the New York reserve bank redisco lint rate that has occurred in nearly three years, it will be admitted that, for an ordinarily dull midwinter period, this month has been full of incidents. In«l irate Economic Kero very. All of tli" » mov^nirnin point In flnan «'i*| tendril*-!#* rather than achieved re nulls. Moat of them definitely Indicate wonomlc recovery, for tho remarkable fart. even of i ho cotton market, is that tho abnormally high price, instead of cheeking actual consumption rooms thla tlino to h^jo stimulated it Roth at home and abroad the taov* ment of events routes natural interest in tho query, what would bn the probable course of the market* aa a whole if Germany were suddenly in yield and offer a workable compromise with France. 'the advancing of an official bank rate ♦ ’ways raises the question whether the change foreshadow* progressive t *kht«• ti ing of tjie general money market. The question doubtless occurred more forcibly "hen the New York Reserve bank rat** advanced from 4 per cent to 4 >4 last \V< dnejoJay, because of the v ivid recol <*' tion of v hat was the aetual a* quel to ♦ he advance from 4 to \ t on November •1 101ft. On the present occasion the question is more interesting because, ex cept for Asia arid central Europe, the bank rate at every really important state bank If the world stood at the lowest rate since the armletlre. At the Bank <>t England, in particular, the 3 per cent rate maintained since la*t July, was ac tually below the Institution's >e»rly a erap* of the eight yeara before the war. Advance Explained. In advancing the New York ra»#. the manager* of the bank explained last week that the purpose was to get the rale in line with that of the nine Interior re serve banka, which v ere already chargng 4'4 per cent for rediscount*, as against th* 4 per cent at New York. Tho for-e of this argument, .taken by itself, is .somewhat diminished by 1he fart that when the New York bank reduced Us rate to 4 last June, those nine other , banks remained a' 4*4, so that the same discrepancy as existed when New Yorks advaive was made last Wednesday, had existed during eight consecutive months. Examination of the various reserve bank j statements during that Interval will show, how ever, that the relative posl- j ♦ Ion of the different markets hss been al tered aince the beginning of this present year Between June and the end of 1922. the loan a' eount at all the federal reserve banks moved with mtKh unlformtt) . ea< h market appeared to be providing for Its own requirements of credit. New York 1/oa.na Increase. But with the rapid expansion of bis! * ness since the New Year'* day, this uni- j formlty reused A week ago the state, ments of the separate reserve ban'/a show ed that whereas loans at the 11 hanks outside New York had decreased 11*0. 000.000 an compared with end of l»e cerober, New York |l»elf they had In-] creased $5 S. 000,000 With two exceptions, ex»ry one of the.** 11 reser'e banks bad reduced Ks ♦'•dis counts henvtly. If this had happened when the New To eg bank’s reserve «u partleuarly iaege. It might have been described as reflecting the automatic re turn to Interior markets of the funds which had come to y*-wr York In 'he period of trad* depre*s‘on. But while ♦ he reserve* ratio of the entire ayaiem has risen from "2 1 to 7 5 3 per cent be tween Itecerahrr 27 and February 14. the New York bank a ratio had fallen from 10 to 75. Omaha Produce (By Etats Depart meat of Agrlculf art j Bureau of Market* end Marketing ) Corr«*«^-d V- bruary 24 BUTT KR Creamary—Local Jobbing pries to retail er*. Extra*. 10. ; extras In t'Jba, 4fc; j standard. 4*-; firsts, 4.« Dairy —- Huyer* are p*>icg 37c for hast tahls butter (wrapped roll). and 23c for clean packing stock. BUTTERS aT. Lc-eal buyers paving 4.,c at country sis lions. 69c delivered ihmaha. EGQft The rango on egg* is very wld* todav. rm* buy ere( paying as low as J 10 while ■om« ar«* paying as high as f* *9. Moat buyers me paying arnun I $* f9 p*r rase for fre»h egg a. delivered Omaha. 8tale held eggs at market value. Jobbing price to retailer*: Fresh: bp* clals. Sir; *«lectr "1c. No. 1 small, JOc. . POUbTRT Live: Heavy hena and pullet*, lfr; light hena and pullets. Hr; spring roosters, smooth lege 17 stage, all Sir eg 14 . l.eg. hern poultry al»out 3c I**#*, old cocks, He; ducks. fat full f« a therrd. l*c; g»**e . fat, full feathered, 16c j turkeys, fat nine pounds and up, 20r. no culle, sick or crip pled poultry wanted Jobbing price of dretard poultry to re tailers. Droller* 49#-. springe *24e; heavy, hens, 27c; light hena, 27c. roosters, 11c; ducks, 27c, g< ese. 26c. turkeys, 4 >c. BEEF CUTS The wholesale prices of beef cut* In sf feet today are a* follow*. Rib* No. i 27e. \ . ", 2#c. No. 3. 17e. Loins— No. L Jlc: No. ", Sir, No. 3. If. Rounds—No. 1, 16 He; No* 2, 16c; No. I, 12r. nates—No. 1. 7*4c; No. 3. 7c; No. 3. 4c < bucks—No. 1, 12c; No. 2, 11 He; No. X • He. CHEESE. Local Jobber* are sailing American fh**§e. fane y gtade, at about tha follow Inr prince Twins, 27c: single daisies. 27*4c; double daieits, JTr, Young 4m ric»*. 2*r: longhorn, 2«c; square prim*. 2S H* , brick, 2tc. vRiir ts Pineapple*— Pr r « r;it , IT 00 / Strawberric*—Florida, 6 9c per quart. Manana*—tc par pound Ora ng**—Extra fancy California ravel* per box. according to alxe, $4.0905 69. Ii«mona—Extra < allfornla. ido to 3*o elr.ee per l*ox. $7.60. choice. “,'rt to HO fixes. $7 on l.tnios 13.90 per loo. Grapefruit—Florida, fancy, all alien, 63 7 6Mo 17* 26 per box CrAnberrlw*—100-pound barrel*. 112.60 tc 117 90; ro-j.ound boxes, |n 60. 12-pound boxes. >4.69 Apple*—Dallclou*. according to else and ouajltv, per box, !’ 7 * to $3 76. Washing ton Jonathans, per box, ||.60 to $2.26; 1 I ma Jonathans, fancy, per bbl., 14 60; I'Uahel basket. fi Crimes Gulden, tancy, per bbl., $5 6'). ditto, choice, per »• bl.. I" 60; Northern 8p: per box, $1.16 lo 12.00 Hood River Winter Hanuu*. fancy, f? 50; ditto chot 12 00: gpltxen berger. fancy, per box. 12 60, Gano, fancy, per hhl $ 4 76; H»n Davis, fancy, per bbl •6.2$. Dla> k Twig* per bbl . $ • . * Qu I nets—California. fancy, per box. $1.90 Fears — W Inter Kella. fsnry, r*r but. $3 00 Hol d finer tuitcfic • *. per box. finq Grapes—Tied Emperor, per box, $6 . 0 to $7.00. Figs 4',allfornla. 24 *-o?. carton boles $2.76; 69 X - or .arton hone, $"76; Now Smyrna f»g*. 6-lb. box, per lb., 36*:. Date* Hollowl, 7° lb butts, 10c per pound. Dromedary, >4 19-ox. i*u», $4.76. Avocados — Alligator pears, per dutch, $3.09. vegetables pf.tsfc.ee —Nebraska Marly Ohio* N« 1, $1.23 per « *1 . No. 2 76c to $1.09; Min neaota Rad River onto* No 1, II 26 to $1.69 per « ; Idaho ftu»*ete $1 X6 per cat : Idaho Netted Gems, fl 7 6 per cwt .Sweet Potatoes- Bushel crates, about 4s lbs . •" on, porto Itl* o Rod*, cr.ite*. about 60 lb* . 12.26 Hadiehra -New aoutbeta. dozen bunches, »9r. Old Roof*—Beet* carrots turnip*, par mips, i ut a !*• x as, per pound, 2*4', in **» k«, per pound. 2Hr Naw Roots Southern turnips, beefs, carrot*, per doxen hunches. fOc. Lettuce—4*al1fnrnla heed «4 dor), per crate, $4.24; per doe, $1 10, hothouse leaf, p*r doren, *Or Artlrhoke*—Per dogen, I * 69. Onion*—Southern Anew) per doyen bun- he* 74c; Ohio White* $.109 per cat : Red Qlobe*. per lb 3H; ystlpw. per lh . 2%c Imported Spanish, prr ersio, ' Teppera - Oreen. market basket, 2ie per pound Mushroom*—76c psr pound Fgg Plant--Selected, per pound. 29r. Toms to**——Florida, six baskat crate Moo, fancy red rip# Mexican. 2* lb. lub, $r no Henna Kouthtrn «* a * or green, per hamper. $6 09 to 17.99 L'abhage 26-Mj pound*. "44c; in « rates, rar pound, 2 H< ; ted i xbljsi" pee pound, It : celery « *bhag*. per pound, 16c, bius 1 sail sprout*. k*r puuui. I The Business Barometer This Week's Outlook in Commerce, Finance, Agriculture and Industry Based on Current Developments. By TIIKOIHIRK If. PR|« R. Fdilor, Comm err© and FI nance. New York. Copyright, 1923. I am on my way back to New York after having visited Norfolk. Va ; Augusts and Atlanta. Cia ; Montgomery, Helms, Dcunopolls and Birmingham. Ala . ^Jt. I.yula. Hi. Joseph and Fulton. Mo.; Omaha. I»*s Moines and Sioux City and Quincy, The many business men that T have talked with are almost unanimously and aggressively optimistic Their attitude is Illustrated by that of an Iowa newspaper reporter who told me that he had been ■o long under or4rr» to take a cheerful \ ew that ho found himself almost un const tuusiy wYiling an obituary notice, which read as follows: 'Thomas Smith. h prominent and eucesafijl citizen, died todav He had many friends who are greatly bereaved Hy his death, hut It will not in any wav check tha but I ness re \i\al now In progress or the improved demand for goods that is reported by our merchants '* The same spirit is expressed In the ! phraeo “The day of the tightwad has pit -t d,” used ns a scare liesd for a. news pnpep article demanding that the pro l f> ds of h municipal bonds issue recently i authorized should l»e immediately spent j for city improvements to which the mayor' l,;id objected as extravagant. The same disposition to loosen up is expressed In libera 1 buying for the spring tra.de and i the large .vales reported by the traveling men. of whom there seems to be an un usually large number on the road. The result is «n activity which is dally gaining momentum and Is not likely to be checked by anything short of a buy er'*‘ strike or some sensationally d»pdessing i Incident, neither of which la now in j sight. Recovery Is Natural. Fundamentally the recovery Is na nat ural reaction from the depression of the lest two 'cars. It has hern brought about by the drastic liquidation which has re-' leased credit and made It possible for I .‘Hikers to sell nearly two billions of new seyiritles since the first of the year. It Is, how ever, a mistake to assume that those securities have been absorbed by Indi vidual investor*. The bond selling or k i nixa * ions of the country have now been extended so that they include as under ' liters many of the smaller country '••nke and not a few of the.ne institutions have been induced to withdraw the securi ties allotted them as an investment for what Is called their secondary reserve upon the theory that the bonds can he sold when the money la needed. It re mains to he seen whether this theory will work ou* Some of the more conserve- ! five bankers doubt It and express more , or 1*«* apprehension In regard to the situation thus created Fpon the whole. however, there Is but 1 ttle disposition to borrow trouble of the future. Labor is fully employed, price* are rising, stocks of merchandise are still below normal and if the crops turn out well it seems reasonable to ex. peet a prosperous spring and summer. In and around Indianapolis. which claims to be the largest hog market in the country, and the center of our great • M hog producing territory, the feeling is caper ally optimistic upon the theory that with hogs at present prices the corn fed t » them Is sold at S3 cents a bushel which yields the farmer a very handsome profit. Tim merchant * ho told me th‘» added that if wheat could be marketed a* a is half, tits if nosier for once in h s life would be perfectly happy. Fast Is Fearful. Rut as one cornea east there is f© be be noticed increased interest in the Fran co-German Jmpasse and a recognition of tin sinister effect it will have upon our export trade unless a way out of it Is soon found. This and the wide publicity given to the statement that brokers' loans In New York now approximate $2,000,00©. 000 as compared with $000,000,000 two years ago are making an impres.*|on upon the minds of the trained students of fj. nanclal conditions, of whom so many are now to be found in the larger cities of the middle west, and It may he that the buoyancy of the stock market* will prove to be less enduring than that of the dis tributive trade in merchandise. Thin would be natural and perhaps salutary for a concurrent boom in stocks an»I commodities would be likely to over tax even the abundant credit facilities with which the country is now provided. Rediscount Rato Raised. Although it has attracted but little at tention the announcement that the Fed eral Reserve bank of New York hat ad. vanced its rediscount rate to 4'<4 per rent should not be ignored. As the reserve ratio still 1 Indicates a surplus if not a plethora of lpndable credit it ‘ is to be in ferred that the Federal Reserve officers have detected some evidence of over ex po nbion which has led them to sound a cautionary note. tl may be that they feel tha* the In creases in brokers' loans or the continued purchase of bonds by the banka ought to be checked but whatever the facts be hind it there 1* no doubt that the advance in the rate will give power to the bear speculators In the stock market. Activity Remarkable. The activity of business is indeed re markable. Figures of the Department of Commerce for January hhow a large in crease in productive a«li\lty and the out put *»f virtually all basic commodities is the largest since the boom period of IV 0. Ir, soin»* rases it even ascends those rec ords »'ar loadings are much larger than they have ever hern before at this ♦ of the year. The steel mill* are working as n**ar capacity as they ever g*t. Tile automobile industry Is still breaking rec ords The trend of prices is still dis tinctly upward under the leadership of sugar, coffee, petroleum and the other commodities which have featured recent market news dumber and building ma terials are higher, but the excited cheer fulnea* of the building trade has been somewhat tempered by the wldespr«ad re ports of a shortage of labor. It is said that the construction industry slone will demand this spring about $00,000 more laborers than will be available. We have already heard similar reports from other industries and though the effects of the shortage will not b* felt at first because of its tendency to raise prices and wages, its ultimate dangene are obvious unless it an be overcome by more efficient work. It is a sample of ths lurking dangers with winch ths boom eventually will be confronted. Statistica Not Available. Insofar as statistic* are available our import trade thus far has not been gt*a’ly affected by the tariff The trade and in dustry of Great Britain are Improving and sterling exchange has resumed its ad vance toward par. That Great Britain !• keeping «»#p with u« n our progress goes far to offset some of the more discouraging Items from the Ruhr and other part* of the world. But. despite the general rosfrtese of the out look. it seem* to me ♦hat it is desirable to take a? least a •mall aupply of caution along with the generous ameirft of con fident optimism whbh we all poasoes Trada Rink t’learlng* < Bradst reet*) in thou sand* 1. . ... Busin*** failures. .... .. Security price*, tf. Y Stock Exchange: 20 Industrials ..... 20 Railroad* ... 40 Rond* . . ... Commodity Price* w heat. May delivery. Chicago . '*orn. May delivery, Chicago . Pork rib* May delivery, • 'hjctfo . Reef good dr#.u*d steer*, Chicago. Sugar, refined. New York .. t ffee Rio N'O 7. New York . '< t1 on. middling. New Y ork . .... Print cloths. New York . Wool, domestic average. New York ... Silk, No. 1 Sinrhlu, New York. Rubber, crude, plantation. New York .. Hides, pack, No. J, New York . Iron, No 2. Philadelphia . Steel billet*. Pittsburgh . IUi if w. Kn-1 r.f I.«»: Wefic r.nij nf Previous Week I-a*t Tfa^ 311 I* 40M«f m 15.*»; 4*4 in.'js M 47 :»S !r IS iA flliO ns 714 S .©* *72S 'i'% JO :».7« *0.00 10S * 7 ‘I 14 «** JO *0 lf.St fit »ss .:WS «a *'T0 I ',0 !i « . 70 t» ;< 40 00 Si.11 :• :s tt.ei 1 11.21 13.2S / **4 Ilia i»TJ (.(» .Utft .IS 21 <4 3S.lt < Mery—CT*lifomla. r't doren. according to *U $1-33 lo J1 a:.; California (not trimmed!, per rratx. $7.09. Shallots, Parsley—Dosen bunches. 75e. SK.TD Omaha buyer* are paymf th# following price# for field #*»d. threabcr run. da- i !.*ercd Omaha. Quotaton# *r# on th« baaia of hundredweight meaaura: Seed Alfalfa $10 0*014** red elo'er, $>.09015.00; *»' *> k e $t.99011.ff; t !m - nfhv. ft on05.so; Sudan graaa. $5 100 7.5* white blossom tweet clover, $5 090 lorghum can. $3.0*0 2.25. rLonc K • • patent In >5 !b base |« 4S per hh fan* < |ear In 4>-lb bag*. $5 JO pef hi-! Wh e or yellow •’ornmea! per rw» , 91.75 quotations ai* for round lots tab. Omaha HAT. Pries* at which Omaha dea'ers ara selling In carload Iota follow Cpiai d Pral No. 1, 914»#t0tS 09; No. f! *0 0 l:: SO. No 1. H Midland Prairie—No 1, 11* 0*01 4 59; Nr. 1 111 0*1/I a 0S; Vo. 3. $7 os 0 f SO Lowland Prairie—No. 1. 119.90011.99. No. '• $7 **0* 00. Alfalfa—Chobe. $72.00021 *9- No. 1. $?r*0 . No. ’ f i« optr iT.oo 7 $t-**0i4** Ptraw—Oat, $« 9909.it; wheat, 17 09# 111 fFF.P. Omaha ml!!* and Jobbers *'• aelllna their produ- ta In round lota at th* follow tng price*, f o h. Omaha Hran tL’fOS. brown abort*. $39 9*: gray short*. f“’*r. middling* $33*9: reddog. $27 r a'tglfa • eat, choice. 12 • 75; No. 1, pn *>*•. N * 7 *« arc* linseed rneal. $55 10; , ,,tf each ; colta. 35c • acb hog akin* 15c each; dry hide*. No 1. Lfl per lb.. dry aalted. 12c; dry glus, «r. Wool - - Wool pel*a $1 25 to $fc 90 for full woo d akin*, airing lamba. 75s th $1 59. f r late taks off; « lip*, no vatua; wool, $9 to 3 Sc. t'u lings- Pork, 1*9 per ton; beef. $10 per ton. Tk"ow and Oreaae No. 1 tallow Ic; 1! ti'lnw. 7c. Nr> 2 tallow. «c; A gr••***, *■ li gr-Mar. 7c; yellow create. 9V*c; brown gr-aar. fii-. |ip> *'v * t—$:* per t*n. Kura The fur aeason closed on tba 15th and d•a'»rs • usually s!low-d 19 da*a to dispose of the r s?oeks. so quotations ara il being withdrawn today. Food Index Higher B-adstrecf* Food Index number b*s*d nr th# whole,*;* prices pc- pound of 51 art ' Ira used for food. !• 93 42. compsr l» g with 93 49 Ism week and 95 li for the week eudlng Februar; 23. 1952 Tbit, we,,. * number i*ho*» a ri n of #1*.tenths Of 1 re- cent over last *f#k and ef • I per rent over the like week of last year. Increased W»eat. re«j; corn, barley, tallow lard, butter, sugar, raw; cotton* j teed on potatoes, currants, sheep, live; cotton l-ather. haj. pig Iron, ha*»c; pgj Iron eouthern. steel bars car wheel*, old. Chicago steel scrap. Pittsburgh, steel ■•■rap. Chicago: cast Iron. Chicago; copper, lea*! ttn. spelter. Adirondack spruce. ru"bber. % I»ecr**#ed: Ham*, short ribs beeves, j Ire. hogs. live, lambs, live, oleo ell,; macaroni. Weekly Failure* Runners fa.ur-s for the week ending Februar) :5 r home, 2S2:< South Twenty-fifth street. She is survived by four eons. Wtl-1 i'-am. Martin. Michael and Thomaa; three daughters. Mr*. Frank Mundy, North Bend. Neb.: Mra. J. E. Un sworn. South Omaha. and Mra. Pat rick J. Ford. Johnstown. Neb., and a Ulster, Mr*. Mary Cannon Qf Au- : rora, 111. Funeral services will be conducted Wednesday morning at the residence and at 9 at St. Agnes church. Burial «ill be in St. Marys cemetery. Rev. Fairbanks B. Stockdale of Bayatde I.. I . Is making a study of ] the chicken language. Reverend Stockdale claims he ran now dur tlngulsh 21 different sounds. > Start Chicks Right - Keep Them Crowing l 'm Put them on * foundation of healthful, ateadr M f growth ao they'll fe/p^rneitir - it'a cheapertOf.it /ah’ Ml your chicka ngAl than it ia to replace them and loie ml valuable weeka. The eaiv, sure way ta to feed them MI m from their very fitat meal Mm 7 Prattg Buttermilk Baby Chick Food IJ m This original ''baby food for baby cbicka” contain* jtiat ■ what tbr baby chn k need* to build bonr, muscle and feather, J I to aid thr digestion and pteeent chick trouble and lot*. After J ' areaning, Veep up stgorou* ptowth—five Pratt* Poultry Reg- J tjfator in the usual feed, t ry it this season and judge for M yourself then “k our Money Back If YOU are •* J IU Not SitiihrJ " Save Money! **uy Ptatti in 12 ■ or r5-lb. paili; *0- or 100-lb. bag*. U .t * your muni f*r*'l a/*.'/' I TRATT FOOD COMPANY. PtiMdpU. Ckioi*. T.t«o ■i I N» antwaf to rapid arowth and l»»a«* production— Piatt* nt» 0ioHa| and Latins MaaLaa andKratth Fttd* PRATTS 50^ VIAR OF StRVI | Chicago Grain Chicago, Feb. 25,—A alight chang* in the character of the news from abroad was noted during the closing days of the week and. while on the surface It remains distinctly bearish, the undercurrent Is improving. Con ditions on the continent are regarded as rapidly nearing a crisis, and a rap prochement between Germany and France is believed to be only a mat ter of a short time. While there is little use jn denying that the world’s statistical jmnltion is bearish, taken as a whole. &ome enthu siastic Kuropean b*ars have been sending cables that can only be con strued as indicating that there fo a great deal of propaganda being circu lated, with no other intent than that of trying to depress price*. Reserve Meek* Smell. The total Argentine. Australian end In dian exportable surplus of »hsaf r»m»ln. inf -or export on March 1, plu* the 44, 009,000 buahel* on oeean pa snag o, - fates around 225,000.000 bushel* to importing eountr.ea of »he world from that date to June JO, a period of four month* ord*r that Europe be entirely Inde pernlent of North America for the balar re of the treason, tire southern hemisphere muot export lta tn'lr* aurpiua before the end of June and the amount of passage rnuet practically disappear. It is re tarded aa Improbable that Europe ran rut down l»s consumption any further. Reverse stock* are down to very small proportion* a* shown by the Increase in the on-passage ntstenrent in the face of light world's shipments Thi** would also Indicate that the amount* of North American grain in transit are small. It la generally felt that Europe ha* been holding off in buying a* long as pos sible hoping io ge» * low * r prirA. The ■ ere bids for American hard winter h^e Saturday *t about 2 <5r 2 V r* b* or » work in* bat!*, the first the broker had had in a number of weeks American Stock* large North America ha^ * large amount of wheat remaining available for export, and it :s the dispositlion of thia gram that will probably determine the trend in the May deliver;'. Mow much la left for ex port cannot be determined until the gov ernment report on farm reserve* la given to the trade on March 9. Ro far no pri • ate estimates have been put out. al though it la probable that the Snow Earf. lett\Fraxier figures will be given this week and will compare with the revised government teetimate o* 134 253.000 bush els. or 14 » per cent of the crop last year and 217,037,000 bushels, or 24 1 p*r • enf in 1421. A 10-year average is 12.2 per cent. Even with more favorable weather for the next two or three we-.ks. the rondi »!on of the new win'er vbstt crop will be largely a question of guess work until some time in April. There la still a dry section in the southwest that se.id* com plaint* from time to time, but tbe plant there ia *UH dormant, where it is up at all. and there is no way of determining acreage that will be actually abandoned. The trad* !- apprehends "e of damage which result* in fairly good buying of th* new crop deliveries on the breaks. Scattered liquidation *« on the sheet last week, and while gisod support wa* in evidence at time-*, the ftn.sh was w.th in a fraction of the bottom. Ex-Hcad of Typographical Union Critically 111 Colorado Spring, Feb. 25.—Mars den G. Scott, former prc*tdent of the International Typographical union, i* critically ill at a local hospital. Mr. i Scott, who retired from the presidency in 1920, has made his home here for < a year. -_ I I ^v itlo— Photoplay a Now Playing Vaude\ille at 3:20, 9:45, 9:10 Coatmuoua from 1:19 P. M. FASHION PLATE MINSTRELS A* All-Girl Revue Maud Earl A Co. Callahan A Bliss Alexander Bros. A Evelyn Ridiculous Recco Long A Jackson Feature Photoplay -TILL WE MEET AGAIN" With Mae Marsh. Norman Kerry, Martha Mansfield. Nif hta . 10c—90c Matinees . . 10c—30c Daily, 1:15. Evrry Ni»kl, *15 NOW PLAYING TSa Intamatmnal Artar MR. LOU TELLEGEN KW Own On* Art Flay “BLIND YOUTH” Sranlon, Dtnii Bros A ScmIm Cur * Puarl , M.*Ur 8 Ft>4 Mo#r* 41 Lm Ktn() growers in at tendance. The committee compromise proposed to pay the grower* "4% per cent of the sugar from beet* trans lated into dollars and rent* in term* of the present extrac tion, with a mini mum amount of in a ton to be paid at the time of deliver;, of beets. The company's contract, under i which « >nv ;cr' zn as been * gn**d. I offers 45.30 a ton for teet-s on a slid- 1 ing male contract. which, accordingJ to thr company, pays the eqtiivaletMfl of AH per cert of the proceed* fr« a ton of beet*. The grower# declared ^ the company should pay c*n a 30 per cent basis. Judge E. D. Brown Dies Suddenly at Home in Nelson Nelson. Neb.. Fob. 25.—(Special.)— County Judge K. D. Brown died sud denly at his home eariv thia morn ing Mr. Brown was a native of Michigan and a civil war veteran. He oarne to Nelson from Liberty, Neb., Zj year* ago. He held the oflVe of county attorney two terms and wa« elected countv* judge for the third time at the November election. I!* was 73 year* old and a member of the Maaomc lodge. NOW SHOWING Charles1 Chaplin la “THE PJLGRIM” < NOW SHOWING AGNES AYRES —ia— ‘‘A DAUGHTER . OF LUXURY” A Paramount Picture in Conjunction with BIG TIME VAUDEVILLE Second and Last Week 00 GO TODAY TODAY BOOIh TARWNCTDNTS’mwctpib® _;"h “jazz MURRAY MANIA NOW rLAYING “JAVA HEAD” * W ilk LEA! RICE JOY JACQUELINE LOGAN PW4HV1 FUUCtNTI i&niAdFtlA "4T 4 *'rt T*54V y t iy" ly PM-WAR PRICI* % Imam Hr A«t* S»*« W**A ‘SLIDING’ BILLY WATSON'? hilarious jubilees:1.';!;; »* tt» r«« 4a* r%r •%. r* <**■,, ■IAV1Y CHOftV* 0^ JOY llOUt* %