Omaha Regains Place as Second Stock Market Receipts for First Six Months of 1923 Show Substantial Gains Over Same Pe riod Last Year. The outstanding feature of livestock receipts at Omaha for 1923 is that the local market has regained its stand ing as next to the largest livestock market In the world, being second only to Chicago. During 1922, owing largely to excessive receipts of cattle from the southwest, Kansas City ousted Omaha from second position, but during the last six months Oma ha has more than regained its stand ing and indications are now that the local market is firmly fixed in second place. During the last six months Omaha has received, in round numbers, a to tal of 838,000 cattle, 2,023,000 hogs and 1,275,000 sheep, or an Increase over the corresponding six months in 1922 of 85,000 cattle, 485,000 hogs and 292,000 sheep. These figures not only show the steady and substantial growth of the Omaha livestock mar ket, but rIso that the stock farmer of the west is “coming back." Follow ing the discouraging conditions in 1920-1921, when many farmers were put out of business, the stock farmer "carried on" successfully, although with very little profit to show for his work. Livestock Receipts. The following table shows receipts of cattle, hogs and sheep for the last •lx months as compared with receipts for ths first half of 1922: , 1223. Cattla Hogs. Sheer. January ... 151,008 867,986 246,4o8 February .. 119,649 238.068 250,987 Starch . 133.835 411,098 265,646 April . 148,894 333,284 205,074 May . 147,886 287,305 209,281 June . 130,000 276,000 108,000 I Moe. ’»S , . 837,969 2,022,728 1,275,926 _ 1922. Cattle. Tioga. Sheap. January ... 113,967 278,181 202,666 Feburary .. 116,917 280,235 175,056 March . 129.143 .229,806 176,866 April . 109.446 202,626 131,767 May . 147,683 287,305 209,281 June . 139,218 318,002 141,140 9 Moa. •»!.. 763,076 1,637,074 *~98 2.m Increase . 84,893 486,664 292,211 Cattle Higher Than In 1932. Notwithstanding the very marked increase In cattle receipts this year, there haa been great improvement In prices as compared with the first half of 1922. It Is during the first half of the year that the bulk of the corn fed cattle Is marketed from the feed lots of Nebraska. Iowa and South Dakota and prices so far this year compared with ths same period last year show advances ranging $1 to 8 per hundredweight. At ths beginning of the year, fat cattle were nearly $3 higher than s year ago, while this rnoifth eattle are selling imumd II.B0 higher than a year ago. The better prices paid for cornfed cattle this year are undoubtedly due to the Improvement In commercial and industrial conditions throughout the country. There has been practically no export demand for cattle or beef and the market has been subject * 1 most entirely to domestic conditions. The outstanding feature of ths trade for the last six months has been the active buying of eattle here by east ern shippers. This demand never has been as keen or tug broad as It has been for the last few month* and as a consequence eastern packers and butchers have come to know more of Nebraska cornfed beef than ever be fore. Prices Compared. A comparison of tha top prices paid for cornfed cattle each month ■luring the last six months as com pared with the corresponding months of 1922 is shown below: 1121 1222 January ... Ill no 18.26 February .. 9 66 8.69 March . I 49 8 76 April . 9.8ft 8 49 May . 119 58 8 75 June . 11.90 9 61 During the latter half of the year, receipts will consist mors largely of western rang# cattle and Indications are that supplies will be fully as large as a year ago, If not larger. There perhaps will be fewer mature cattle from ths northwest, but this will be more than offset by larger receipts of cattle from the Teaxs and southwest country. The prospect for a very large corn crop and an abundance of rough feed of all kinds practical ly assures a strong healthy market for both beef cattle and stocker and feeder eattle for the remainder of the year. Hoc Receipt* Heavy. Hog receipt* no far this year have broken all records, as Indicated by the increase of nearly half a mlllior^head aa compared with 1922. There has been a gain of fully 35 per cent In euppllea of porkers, this Increase be ing forecast nearly a year ago by th* large number of aowa bred throughout the corn belt In order to take car* of th* enormous crop of corn. Under the circumstance* It has been really surprlalng that price* have held up aa well aa they have. With practically no foreign demand for pork products, packers, large and amall, were compelled to depend al moat entirely on local consumption for a market for their product,' This home consumption was enormoua, owing to the fact that labor was very generally and profitably employed and the country was getting a demonstration of the tremendous Im portance of the home market for meat products, WTlth the opening of the year, hogs ruled about 50 rents low er than In January. 1922, while with the close of this month prices are right around $3.50 lower than a year ago. Top Hog Price#. The following table shows th* top hog prices paid each month so far In 1923, as compared with top prices fur the corresponding months of 1922! 1*21 1222 January . • *-JJ *’ ’2 February . 1"7» , March . « in »o Anrll . 2 10 mr.» May . T *0 10.2II June . 7 n* '0 21 In view of the high and advancing price of corn, hog prlcea have been very discouraging for some time and when the low spot In the market was reached two or three weeks ago, there was an Immediate tendency on th* part of hog growers to *hut olT re ceipts until a more favorable time. T,apgely for this reason there has been a reaction In th# trade and part of th# recent heavy decline In prlcea ha* been recovered, giving rise to th# hop* that with more moderate re ceipts from now on the losses sus tained by grower# may he, In a meas ure, recovered. Big Increaee In Sheep. fn no branch of the tr^e has the New Shop Opened by Hess and Swoboda Hess and Swoboda, florists, who have opened a new shop at 1805 Farnam street, have been in busi ness In Omaha since 1888. In that year they erected three erreenhouses at 6807 North Twenty fourth street, and opened a retail store In the old Boyd theater build lng where the Nebraska Clothing company now stand*. The theater burned down In October, 1903, and the store was moved Into the Paxton hotel building. The company built more green houses as the business grew, and is now operating 100,000 square feet of space under glass, growing choice flowers and potted plants. Hess and gwoboda first brought the orchid to Nebraska, Importing plants from Brazil. Importation of orchids is growing less and less, due to governmental restriction. The new shop Is a model sales room. Omaha market shown to better ad vantage this year than In sheep and lambs. With an Increase during the last six months of nearly 800,000 head, the Omaha market has nar rowed the gap between It and Chi cago very materially. For many year* Chicago has depended to a large extent for Its spring supplies of fed lambs on nearby feeding sta tions. Omaha Is now equipped with a number of these stations and, as a consequence, nearly 500,000 sheep and lambs were fed during the last six months within a radius of 50 miles of this city. In point of price, the sheep and lambs have sold rather unevenly, but generally to better advantage, as far as growers were concerned, than dur ing the first six months of 1922. Fat lambs now constitute nearly 90 per cent of the total market receipts and consequently the fluctuations In the market for fat lambs Indicate quite accurately the fluctuations In the market for other classes of mutton and the figures In the table below Indicate the top prices paid for fat Iambs each month so far this year, as compared with prices paid during the first elx month* of 1922. lilt tilt January .. •}* •** t}!*® Anrll ... 14.65 14 00 M*v ..... 17.00 14.50 Juno .. 16 35 15,00 Growth In FewHng Project*. The enormou* growth in local lamb feeding projects ha* been on* of the beet feature* of th* market a* far as Its Influence on local business Is concerned. These feeding stations, located within a few mile* of Omaha, require a large amount of feed of all kind* every year and In addition to tha output of mutton for the local market, thousands of pounds of wool are sheared and sold every year. On the whole, th* last six months ha* been a period of *atlsfactory progress for the Omaha livestock market and a period of satisfactory return* for cattl* *nd sheep feeders In territory tributary to this point. Th* hog grower* have not fared so well, thl* being due largely to the high price of corn. At the same time the amount of corn that has been marketed already through th* feed lot ha* been the biggest factor In ad vanclng th* price of that cereal. Chamber Back of Irrigation Plan Omaha Men Interested in Scheme to Reclaim \ net Area of Farm Land. Encouragement for the realization of the aims of the Central Nebraska Supplemental Water association Is one of the activities tn which eome members of the Omaha Chamber of Commerce are now engaged. This project. If put through, will harness the flood waters of the Platte river and through a process of saturation and a series of main and lateral Irri gation ditches, will supply water to thousands of acre* of seml-artd land and make them as fertile as any land In Nebraska. It will add millions to the wealth of the state. For the past several months mem l>ers of the agricultural committee and the Industrial committee, headed by Carl R. Oray, president of the Union Pacific railroad, and John L. Kennedy, chairman of the Industrial bureau, have been Interested In thla project. They have visited the project and have had as visitors to commit tee meetings the men who are direct ing the association with a view of gathering Arst hand knowledge. At the winter meeting of the Farm Bureau federation at Chicago John It. Kennedy, president of th* United States National bank, and P. P. Hogan, president of the Federal Land bank, who represented the chamber. Invited W. H. Davis, assistant secre tary of the Interior and A. P. Davts, director of the reclamation service to visit Omaha on their western tour of inspection of Irrigation projects. These official* have been In the west and northwest for several week* visiting these projects. They spent two day* In central Nebraska going over the project there. Messrs Gray. Hogan and Oeorge W. Holdrege, for mer general manager of th* Burling tlon; John L. Kennedy, President Walter W. Head and other member* of the Agriculture bureau accom panied the party. The offhlal# were entertained at a public affairs luncheon at the Oma ha t'hamher fit Commerce Mi»y 81, at which time they described the work being carried on by the department of the Interior and ezpressed themselves favorably on th# Nebraska Irrigation projects. Omaha Realtors Seek Cut in Public Expenditures Elimination of All Needless Expense and Develop ment of Boulevard System Two Policies to Which Real Estate Board Definitely Committed. By LEO BOZELI* Secretary. Omaha Heal Katatc Board. The Omaha Heal Estate board's ac tivities on taxation and public Im provements in the last two years have definitely committed the board to these two policies: 1. The elimination of every un necessary arul nonessentlal expendi ture of public money and an effort to reduce public expenditures Instead of to Increase them. 2. The paving of every boule vard in Omaha, and subsequent connecting of all of each of these boulevards with the entire city. In the matter of public expendi tures, the board, through the efforts of Its taxation committee, haa learned that for years past there has been a constant Increase, not only In assessments and property values, but also In tax levies. All realtors realize that when the city grows, the as sessed value also grows. They want that situation to continue, but they believe the valuation Increase should be sufficient to take care of any In creases In the coat of government that will come as a result of city growth. Permanent Institution. Officers of the board have decided to make a permanent Institution of the Real Estate board's tax bureau and have charged that bureau with the duty of looking Into the In vestigating every proposed new ex penditure of public money, as well ns the old and customary places that this money is spe'nt. The aggregate amount of auto mobile license money paid hy motor car owners In Omaha has reached such a large proportion—nearly half a million dollars—that the Real Estate board has decided that |t Is absolutely unfair and Inequitable to continue to spend all of this money outside the limits of the cltv of Omaha, The realtor* see In this fund a possibility of having every boule vard In Omaha paved and they In tend to continue their efforts until this Is brought about. Bill Killed. A very large portion of boulevard mileage in Omaha Is along property that cannot pay for paving boule vards and drives that are unofl by all motor rar owners In the city. It is generally conceded that no city In the country has finer pos sibilities for a good boulevard system than* Omaha. Visitors to the city make this statement, and then they Inquire why the boulevards are not paved. The Real Estate hoard made a strong effort to get a bill through the last legislature for using half of the Douglas county automo bile license to pave Omaha's boule vards. The bill passed the senate al most unanimously, and was voted for by all Dougina county senator*. In the house of representatives, how ever, the measure was killed, In spite of the strong fight made In its favor by A. W. Elaasser, E. A. Smith and other Omaha repreaentatlves. Oeorge Dyball of Omaha led the tight agalnat the hill. He was auported by Thomas Dysart. Supporter* of the bill, how ever, believe that It win go through the next session of th* state legisla ture. Value of Co-Operation. Member* of the Omaha Real Estate board believe there la no other organ ization which demonstrate* ao well the value of co-operation In bualneta. It la a known fact that competitors In huelneea, If they do nothing elae except compete, uaually have a bad oplnlod of each other, and generally do not healtate to axpreaa these opin ion* to anyons with whom they com* In contact. Before th* Omaha Real Estate board became an active nnd function Ing organisation, real estate dealer* and broker* scarcely knew their com petitors, and did not have any co operative dealings with them except Ing In rare and unusual cases. Many of the dealers and brokera did not heallat* to make dlncredltahle statements nhout their competitors. Thee* statement* were relald on to other people, with the result that the general public very often believed to be true the thing* which these com petltors said about each other. One of Oldest Board*. Through the medium of the Real estate board, to which the leading dealers and brokers belong, these competitors are now well acquainted personally with each other, and have arrangements whereby the/ cooper ate In practically every real estate deal or transaction. They have learned that thla co operation Is beneficial both to them and to their customer; they also have learned that generally themselves, their customers and their competi tors all "lose out" unless the broad est kind of co operation Is practiced. Leading real estate dealer* and brokers throughout the country are now organized and are co-operating under arrangements similar to thoae that govern the Omaha Real Estate board. The Omaha Real Estate board la one of the oldest boards In the United States. It was organized In 1887 and the first president was the late Alvin Saunders, at one time territorial gov ernor of Nebraska and father of Senator Charles L. Saunders, who now holds the Saunders membership In ths board. Rail Heads Sav J Charges Cut at Owners’ Expense Roads Failed to Earn ‘‘Fair Return” in Last Three Year*, Executives’ As sociation Asserts. The public's transportation bill for freight and passenger charges for the years 1920, 1921 and 1922 was reduced substantially 12.000,000,000 at the ex pense of a fair return to railroad owners on their property devoted to publlo use, says a statement of the Association of Railway Executives, entitled, "Three Tears of Railroad Operation 1’nder the Transportation Act." In no one of the three years did the roads earn the amount which the transportation act contemplated as a fair return. This return was spe cified at 6 per cent for 1920 and 1921, anil 6 S 4 per cent for 1922, and was based on a tentative valuation for rate making purpose* of 115,900,00(1, 000. In 1920 the railroads earned 0.1 of 1 per cent on such valuation; In 1921, 3.29 per cent, and In 1922, 4 09 per cent. Had there been a definite guarantee by the government of a specific return, the government would owe the railroads 11,984,563,747. Decreases In freight rate* have tak en place a* follows* On August 16. 1921, affecting livestock; on October 22. 1921, on wheat, hay and grain products, and on December 2, 1921, on agricultural product*. On Janu ary 20, 1922, the rates were reduced on hardwrood lumber and forest prod uct* from 14 producing states to ter ritory north of the Ohio river. On May- 24, 1922, a general 10 per cent reduction of all freight rates, with the exception of those already re duced was ordered, to become effec tive July 1. Expenditure* for equipment »nd other facilities during 1923 approx! mate 11,100,000,000, saye the state ment. There were on order on March 15, 1923, 3.118 locomotive* and 106, 336 freight car*, "probably a great er number of car* on order at (hi* time of year than ever before In the history of the roads." The record of the movement of traf flc from July 1, 1922, to March 31. 928, shows that the railroads him died the greatest number of carload* of freight ever transported during any corresponding period In the his tory of the country, despite the han (Heaps of the coal and railway shop men's strike*. Railway taxes trebled In the last 10 year*, anya the statement, which seta forth that whereas pervious to federal operation, the total taxes amouned to from 16 to 20 per cent of the net railway operating Income, In 1922 the total taxea equaled nearly 40 per rent. In 1922 the taxes for the roads earning mofe than a million dollars a year was 1300,620,OflO. Definite Plan Followed in Advertising Omaha What, to Whom, and How Should City Advertise, Are Three Questions Solved to Get Publicity on Business Basis. By MONTAGU TANCOCK. Manager of Bureau of Publicity, Omaha Chamber of Commerce. Omaha, as a city, advertise* with as definite an advertising plan as that of any progreseive business con cern. Every advertiser knows that spo radic advertising Is of negative value and that continuity and definiteness of purpose are essential to the suc cess of an advertising campaign. Experienced advertising men often fail to grasp the Importance of this fact as applied to community adver tising, and many who would laugh at a vaguely defined company adver tising campaign quite seriously be lieve In aimless community "boost ing." In Its effort to get down to a busi ness basis Omaha analyzes Its adver tising problem somewhat like this: 1. What has the city to adver tise? 2. To whom should the city advertise? 3. How should the city adver tise? • In deciding what Omaha has to advertise, generalities are avoided. A city has an Identity Just as a busi ness concern has. and to advertise effectively It must emphasize not the many general advantages common to all cities, but the few outstanding selling points. Itlcli Trade Territory. Omaha's business growth la due to the rich territory surrounding th3 city. Freight and passenger rates, train schedules, automoblls highways and trade connections show a defi nitely mapped trade territory which Omaha dominates In competition with other cities on the majority of mar ketable articles. This territory has been Investi gated. Its potential buying power weighed and its relation to Omaha business established. , Omaha is pre-eminently an indus trial city—a railroad center—a city of home owners—with splendid record of past development and high hopes for the future. This answers the question. "What has the city to advertise?’’ “To whom should the city adver tise?" Is simplified by the solution of the first question. As Omaba dominates a superlatively rich trade territory which is largely responsible for the development of the city and which holds out hope; of brilliant fu ture development, it follows logically that Omaha advertising should (1( tell the business world about the advant ages Omaha offers in doing business with that trade territory, and (2) con vince the inhabitants of the trade territory that Omaha is their logical market. Three < lasses. Finally, "How should the city ad vertlse?" The answer to this ques lion falls Into three classifications: (11 publication advertising, (2) direct by mail advertising and (.1) good will I building. I Publication advertising is divided into two groups: (1) trade territory advertising and (2) national advertis ing. Investigation shows that about 50 metropolitan and country news papers adequately cover the nine states of the Immediate trade terri tory. About 1,300 insertions are placed annually on regular schedule in these papers. The ads deal spe cifically with Important market ad vantages which Omaha offers to resi dents of the trade territory. They point out the many buyers who bid on the livestock market and the ad vantages of dealing wtih Omaha Job bers, manufacturers and retailers. They lay special emphasis upon rail 1 way faculties and other points of ad vantage which Omaha offers to resi dents of the trade territory. In addition to this regular trade territory advertising, special trade stimulating campaigns are put on oc casionally through trade Journals aimed to reach particular merchants. Experiments Necessary, , Some experimenting Is necessary to determine the t«st mediums for na tional advertising. This advertising aims to attract new industries to Omaha and to bring new distributing houses here. The copy state* briefly some of the outstanding features of Omaha's industrial life and Invites requests for specific Information. These ads are backed up by carefully compiled reports and no statement Is made which cannot be verified. Each year the publicity bureau writes several thousand sales man agers, manufacturers and selected prospects giving Information of value to those contemplating opening new distributing offices or factories. Several special direct by mail cam paigns aimed to bring certain specific industries have been launched. Good will building suggests a maze of generalities and is, in fact, a class fication covering many activities. Omaha Is said to be the city which originated trade extension trips. Each year about 100 Omaha business men, representing nearly as many different concerns, leave the city by special train to tour a particular part of the trade territory. A similar trip is staged each year by automobile. It Is aimed in the course of time to keep covering the entire ^rade terri tory in this way. The trips last about a week each. Passengers of the spe ckil train this year recorded 61,000 ttbsinesB calls during the six days. Merchant Market Weeks. Omaha's Merchant Market weeks are well known. Merchants from a dozen states congregate here for six days each spring and each fall and are the guests of the manufacturers, wholesalers and jobbers. Barbecues, garden parties and other entertain ments are put on for them. Dinners are served by local concerns and during the whole week attractive trade displays are made throughout the city. Each year the city entertains the editors of the immediately adjoining state*. This ha* done much to gain a mutual understanding between Omaha and a large part of fW trade! territory Old prejudices have b*er^ wiped out and a mutual regard hiy», resulted, which has done much to strengthen the spirit of co-operatton between Omaha and the smaller busi ness centers. Building for the future. Omaha en tertain* students, of the state univer sity and school children from various , towns In the trade territory. Tripe! are arranged through the packing) houses, wholesale concerns and fac tories. and It 1* impressed upon all who come that they play an impor tant part in the development of the city. The handling of conventions, wel coming of those who pass through by automobile and train and a con tinuous flow of news stories are other activities aimed to build good will. Civic Pride Stimulated. Omaha is advertised to its own citizens through advertisement in the street cars and on sign boards. These ads tell fact* about the city that might otherwise | & 'ioxx . __ 'N Hr HE thought of service has from the very beginning of the Herzberg store been foremost in every transaction and necessarily foremost in the plans of each successive ex pansion, and, as the work of enlargement now in progress advances, the plans of estab lishing facilities and policies that point to ward better service are daily" being analyzed and adopted. It is interesting to note that less than two years ago we opened the beautiful five-story building which we believed would serve our M needs for many years to come, but in less ■ than twelve months’ time the necessity for J more space became very evident, and the decision to add two more floors was Dut into motion that Herzhergs’ "Service to the Cus tomer” would not be impaired. Embodied in the Herzberg Idea of Sendee you’ll find a painstaking, thoughtful, cour teous staff of salespeople, a willingness to cheerfully rectify your every claim of dissat isfaction, a policy which permits only merchandise of unquestioned quality and style to identify itself with the Herzberg stock. And suppo ting all these is a policy of pricing which requires no defence. If you are not one of the thousands of women who through past experiences have learned to consider this store as "Your Store," we invite you to join them. 1 I i'ith the completion of the work of expansion, Omaha women will have for their shop ping headquarters one of America's finest appointed and largest apparel stores. *—:—7 *