The Omaha morning bee. (Omaha [Neb.]) 1922-1927, July 02, 1923, CITY EDITION, Page 6, Image 6

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    Farmers Oppose
Slash in Tariff
on Two Products
Commission to Hoar Protest
on Duly on Linseed Oil
and Casein in
August.
By (iKOKC.K F. ACTHIKK.
U tuhintlou < ,»rres|)ondrnt Tile Ormdm nee,
Washington, July 1.—Two direct al
1a< l*i upon farmers' interests have
been m^de under the provisions of the
tlexible features of tho McCumber
F.-.rdney tariff bill, calling for reduc
tions in rates on goods which the
farmers want protected. The first
of these attacks is upon the duty on
linseed oil and the other is upon the
duty applied to casein, a product of
skimmed milk.
Applications for a hearing on these
schedules have nlready been made be
fore the tariff commission and hear
ings will be staged In August. The
proposal to reduce or remove the
tariff on casein has stirred the great
est protest among dairy farmers and
they are massing in Washington to
oppose favorable action on the jVo
posal.
Wesley II. Brown, representing the
New England Milk Producers associa
tion, is in Washihgton, working in
conjunct ion with C. \V. Holman, ree
retary of the National Milk Producers'
association, in organizing the fight
against the proposed reductions.
Struggle With Problem.
The great problem with the dairy
ftrmeijji has been to find use for the
large amounts of skimmed milk
whleH annually go to waste. Casein
has furnished a market for some of
the surplus. It Is used for glazed
paper manufacturers, in glues, glaz
ing of neroplane wings and many
other purposes.
The production of casein in the
United States is now approximately
6,900,000 pounds. Of this, California
is the largest producer, putting out
about 35 per cent of the total; New
York, 21 per cent: Wisconsin, 11 per
cent; Ohio, 8 per cent.
In 1920 there was imported Into this
country approximately 21,000,01)0
pounds of casein and the flood from
the Argentine continues despite the
tariff, although it is falling off.
The fight for a reduction in tho
tariff is based on the cost of produc
tion which registers the basic, theory
of the tariff. The tariff commission
has sent its agents to Argentine to
discover what the cost of production
is there.
Find Original Cost.
The farmers who are objecting to
the reduction say it would he absurd
to delve Into the cost of production of
casein without first determining what
it costs to produce the milk from
which It Is made. Here, they sav, is
where the Investigation should begin,
and their contention raises g novel
question which the tariff commission
will be called upon to decide.
"Any attempt to make a reduction
of the tariff," said Mr. Holman, "on
the cost of production of an oil at
the market price of the oil will he bit
terly opposed by organized farmers as
unfair and inconclusive."
The fight to have the duty on lin
seed oil reduced is staged by the
bureau of raw materials which is un.
derstood to be hacked by soap manu
facturers. The duty now on flaxseed
is 40 cents a bushel while that on
linseed oil is 3.3 cents a pound which,
reduced to terms of flaxseed is 61.S
cents per bushel.
Farmers say the movement Is one
which threatens not only raisers of
flax, but of peanuts and cotton. They
insist, also, that the differential be
tween the duty on flax and on linseed
oil Is one which should be adjusted
since It gives rise to speculation. The
report of the Investigations, also, they
say, tends to unsettle the market and
reduce prices.
Gage County in Need of 100
Hands for Aft heat Harvest
Beatrice, Neb., July 1.—With Gage
county's 160,000 acres of wheat ex
pected-to he ready for the binder by
today. County Agent Boyd Klet said
the formers would need at least 100
harvest hands from outside of the
county. The farmers will pay >3.50
and >4 per day.
Comhusker Notes
The good and careful farmer will
not be stampeded into every new
fangled method or crop that comes
along. He'll try a small patch first
and if that comes right, he'll try
more the next time. We shouldn't
plunge even on alfalfa and soy
beans.
Some plant soy beans to save the
cost of expensive tankage, while oth
ers just buckle down to milking cows
so that they will have skim milk for
the pigs and the chickens. If skim
milk will not take the place of
tankage, nothing else will.
We know men who grind alfalfa
hay for their hogs and their chickens
ami they find that it pays. Alfalfa
meal is mighty rich in lime and pro
tein.
The sooner those potatoes lock
their tops together the better it will
be for the tubers that are to come.
It is the heat of the ground more
than anything else that wastes the
strength of the spud.
After grain harvest is a good time
to try a little alfalfa sowing, provid
ing the ground can bp worked down
to the very finest condition. If you
hear a neighbor speaking of the fall
seeding, correct him. He means sum
mer, for fall is too late for any de
gree of safety.
Get rid of the old roosters and let
the young ones do the crowing. Old
roosters at this time of the year are
only for the pot. They are usually
so cheap that they are hardly worth
hauling away.
Is there any danger of that oats
smothering out the little alfalfa or
the red clover that struggles so hard
to get the light and the free air?
Then you should take the mower to
the oats and make hay.
Spud Production
Interest on Gain
90 Per Cent of Western Ne
braska Certified Seed Sent
to Louisiana.
Lincoln. July 1.—Increased interest
in certified seed potato production in
western Nebraska is shown by the
large number of applications being
received each day by If. O. Werner
of the agricultural college experiment
station. Acreage of table stock pota
toes will not be large, because of
low prices last year, says Mr. Werner.
Ninety per cent of thk certified seed
of western Nebraska goes south.
Louisiana gets most of that, because
it is flee from mosaic disease, which
has been the most destructive disease
of southern potatoes.* The manager
of a large syndicate farm in Louisi
ana sold 3.8 carloads of good potatoes
from two carloads of Triumph certi
fied seed planted this year.
This man will use about six car
loads of the same variety next year.
He Is coming north to buy on the
annual tour of Hawes. Box Butte.
Scotts Bluff and Kimball counties to
be held August 21-24. Triumph pota
toes, free from the mosaic disease,
are the most popular variety in
Louisiana, hut the growers were of
the impr«*ssioti that it had run out
and would no longer give a profitable
yield.
Mr. Werner estimates that 60.000
bushels of Nebraska certified Tri
umphs will go into Louisiana for seed
next year. Much assistance is being
given In connecting sellers and buyers
by the Louisiana State university ex
tension division.
New Dairy Courses.
The school of agriculture at J.ln
ooln will offer two new fulltime
courses in dairying next fall. One
course wilP train men for jobs as
herdsmen and managers of dajry
farms. The* other will prepare stu
dents for jobs in creameries. There
are many positions waiting for men
trained along dairy lines. Good sal
aries are paid to the right men. The
I training courses are six months in
i length, beginning October X.
Begin Wheat (hitting.
s'|n*f • in I l>i«i|i!itrh (o The OmimIiu It****.
Nebraska City, X«b.. .July J.—Cut
ting of wheat in this section has be
gun and it is estimated that the aver
age will bf in the neighborhood of 12
bushels to the acre. Hessian fly has
done considerable damage in the east
ern part of the county this year.
With the County Agents
Dawson County.
Lexington—*A survey of Dawson county
farms to determine the development of
black stem wheat rust has In•» n con
dueled during tho past three weeks by
an'agent of the I'nlted States Depart
ment of Agriculture, according to Alvah
a ft Ileclit. agent. In July thin agent will
* have charge of an Intensive farm to farm
survey for the eradication of barocrlca,
the comity agent said.
The farm bureau l* making prepara
tions for an all day celebration at Vaspy’s
tirove on July 4. and t bo county agent's
Office expect* It to l*e the larg-at gather
lug in this section of the State on that
day.
Dntluo < otinly.
Fremont—Community meetings were
held Wednesday and Thursday at the
Atnas and lllr n - or> community churches,
nt which Prof N. IV. Haines «*f the col
leg. of agriculture of the I 'Diversity of
Nebraska spoke on "Iturnl OrganiaatIon
and t*o operation/* according to H N
Hsuser. county agricultural extension
agent for Dodge county.
Seward County.
Seward - L. A. Wilson. Seward ypnnty
agent, is receiving it number of imiulrlea
from farmers of the county asking about
the control or eradication of tin* strip'd
cucumber beetle, which st tucks cU«um
l>«ra uiid other vlned crops.
A scheme for selling purebred hog* at
rather high prices Is being pushed in
.Seward county and other part* of the
state, according to f’otinty Agent l. A.
Wilson, who Is advising farmers of Sew
ard county to consult with their bank
ers before making purchases under this
Washington ('minty.
Blair— Several rlub meetings are be
IriK planned for 'Washington county boys
And girls* »lube, at which various club
problems and difficulties will be dlarussed
and solution*: offered, according to the
count • ag» nt s office.
tr ains of g'Hln will be Inspected July
2 by IV II Stewart, »•« tension .gronomls'
of tbe < *oI|eg< of Agriculture .if the I ni
M»rslty of Nebraska, tllnt the seed may
|,r o l d as certified seed, according to
th cujnty agent.'* office here ln*prr
t on will l»" oi.ol" only .f sin h field* .i
nre owned by those who have applied
f.o ' ii" Jnapor tlnn
Klllmnrn • minty.
fjrneva -—Only a very t* w - uses of hoc
rbolera havn »pp«ut|..l In Fillmore ■ ounty
this summer, according t> imports re
. veil Jim.* at lb#- office of the count \
agents, tan W. Thompson end rid mi •'
I*. g|* r Mi Thompson I* urging farm
*■ however, to vgrrlnate tnelr young
mir« poor and thus Insure them agalntt
th" di^eas".
(Mot* County.
I,, i 11 m IT!» Sever- of 1'almyrs
. (| it tu<» .on* fldd to *we«'l rlovi'i
f. ur ycais ego, and lu the second. third
and fourth years gavs It over to calves
hip! hogs for pasture. Pesplto the »p.tv>
pasturage, the field now has a heu%
healthy growth of plant* and there arc
few sign* of its being killed out, accord
ing to A. il. DeJ.ong, Otoe county agent.
Nebraska City—A representative of the
Polled States employment service will
lie SlHthilP'd here during two weeks of
* he heaviest harvest "ason Mils year to
dint labor to farmer* needing help,
according to A. H. Pcl.ong. agent
8yraeuse--The home economics depart
m-nt of the Nebraska Pity Women s club
lias naked County Agent A. II pcl.ong
to arrange for nt l».oi one meeting at
which dtAsa const np-t ion will be the
main topic, according to an announce
ment made by th* county sgent * office.
Hpeclsltst help i* the only limiting factor
to starting a dre** const ruction project
in f It on county. Mr. Pcl.ong said. adding
that at le;t*» one meeting will be held in'
the near future.
Cnss County.
Weeping Water.— Women of (lie South
Ashland <■ tnj» »»r« checking up on their
food habits spd filling out score <»rd*
for tiio purpose of correcting mid Sin
proving their dally menus, according to
Ida M. Wilkins and P. It. Hnl'pe*. Pass
< ounty agents.
The Ttednels Girls’ Sewing club of
Plnttsmoui h has organized a summer
club, according to Ins M Wllkena nnd P
K. Knlpe*, agents. .Mrs. Philip Kebns is
local leader.
Daliot.i Count)*.
Dakota City—Jfntry f. Keefe. pirn!
dent of tip- Nebraska P'u r i n Bureau Ked
oration, •attended n meat lug at Hubbard
In tho Intercut* of farm bureau orgutil
ziUori work during tho last wa< k Hbd
delivered an hddre** to the gathering.
It v.na made known here by ('•!: Young
Dakota county agent.
If I. Keefe, pre*ldent of Ilia * !: r .0 e. 1- t
Fnrin Human F-dnni tlon, will be th
• hlef apouker at the Fourth *»f .July cele
bration to ba bdd hare, according to <' It.
Young, aganl MIm* Kdna Rhode* of HJoiix
t'lty ftt., wilt have a ine**nga lo deliver
to tha farmer* iilao.
SjiiimiIcI'm County.
| \V« hotv—A not bar poujlrv club ha* bean
organized lb flnunder* • ounty, the name
of th« naw organization being tha W.ihoo
Scmtcher*. according to Walter I' Roti
-it*, countv agent. tJaorgf ti Olaon I*
leader Virginia .fanal D president,
Mario Naff v|,-* president *nd Helen llan
son »aerctf*ry.
Lincoln ( ounty.
North flat I a - Tti a nonnd attiual field;
day for fh»* North I'lntta «zp< rtmeiit »*>«
tioo held Wedm da' .lutia ^7 The
"b.|#ef of tha field il l . «VM* t<» arqu.l'iir
’lie fl' "pie nf l.lncoln I (Mint > wl()l the
f f'i'1.1 discovered b\ ill ■•uni-•nmtn' * I n
’•oil In regard to , oil management *nd
crop rotation. I
Kansas Woman’s ,
Land Rent Free
for Solid Year
Tenants Musi Use Products
Only for Own Consump
tion—No Marketing
Is Allowed.
Harper, Kan.. July 1.—Mrs. Fannie
Shriver, who pays more taxis in
Harper county than any other wom
an, offers her farm tenants the priv
ilege of remaining on her farms with
out paying rent for one year provid
ing they raise only what they con
sume, nothing off the farms to be
marketed.*
Mrs. Shriver’s act is prompted by
the distressed condition .of farmers in
this vicinity following {he floods and
loss of wheat. The woman land
owner, It is said, wants her tenants
to get on their feet In the next year
and prepare for an era of prosperity
she is sure is coming, and not live
from hand to mouth and be as badly
off financially at the end of the year
as they were before.
It is understood the tenants can
raise all the crops the farms are cap
able of producing, but the crops must
not be marketed, which will mean
Ihey must be held or fed to livestock,
which must not lie sold within the
year. At the end of the year the
tenants will have either grain in stor
age or livestock on hand which ran
be marketed and a new start ob
tained.
Mrs. Shriver has acquired all her
wealth in Harper county, where she
has resided fur the past 40 years.
Of southern birth, she route to Kan
sas at an early age. Her early girl
hood wus saddened by seeing her
father shot down in the border war
fare of Doniphan county. She had
gone to a field to take her father
some water, when a gang of border
ruffians appeared and shot the man
down.
Mr. Shriver died about 25 years ago
and Mrs, Shriver and her oldest
daughter multiplied the acreage he
had left by his efforts. The winter
residence of the Shrivers is at Pasa
dena, Cal., but they always summer
In a picturesque three-room log cabin
in the center of Harper.
Barium Carbonate Deadly
Poisonous Against Rats
Lincoln, July 1. — Klimlnation of
food and shelter would exterminate
the rat menace, but since that Is not
entirely possible, the United States
Department of Agriculture has re.
cently published a bulletin on the
subject.
Cleanliness nnd orderliness, traps,
fumigants nnd natural enemies are
the control methods discussed. Bat
proof buildings are the preventatives
suggested. The bulletin is now avail
able for distribution from ttie agri
cultural college extension service, Lin
coln. or from the county extension
agents.
Barium carbonate Is the most ef
fective poison, according to the bul
letin. It should be placed on meat,
vegetables or cereals and distributed
where the rats can get it. Care should
1)0 taken that other animals do not
get It. Several kinds of bait should
be left in the sarr.^ vicinity.
Pasturing Sweet Clover.
Sweet clover has been condemned
by many because it grows too rank
and becomes so woody that stock will
not eat It. This is true If it is not
pastured heavily enough in the sitring
to keep it down. But if enough ani
mals are kept on it so that it does
not get more than 1) or 10 Inches
high. new- shoots wilt be produced
continuously which will he tender and
palatable. If enough stock is no#
available to keep the sweet clover at
the proper height, part of it should
be mowed for hay. say the agronom
ists of the Nebraska Agricultural col
lege. It should be mowed high enough
•so that plenty of live buds are left
on the side of the stems to produce
a new crop. Unlike alfalfa, it does
not send tip new shoots front the
crown after It has attained consider
able growth the second year.
15 Counties Take
Space for Fair
Heads of Various Departments
of Lincoln Show Are
Announced.
By Associated Press.
Lincoln, July 1.—Fifteen Nebraska
counties have already applied for
space for exhibiting agricultural prod
ucts at the Nebraska State fair, to
be held here September 2 to 7, ac
cording to T. B. Keedle of Minden,
Neb., superintendent of agricultural
products. The extraordinarily large
number of these early applications is
taken by Mr. Keedle to indicate that
the total number of county exhibits
this year will far exceed those of
former years.
Superintendents of the various de
partments of the fair have been an
nounced by E. It. Danielson, secre
tary of the state board of agriculture,
as follows: Amphitheater, K. J. Mit
chell of DeshlPr; auditorium, C. <1.
Urews of Culbertson: automobile park
ing, C. S. Hawk of Chadron; bands,
C. H. Gustafson of Lincoln; boys and
girls club building, R. Widle of
Genoa; camping ground, V. Arnold of
Verdofi; coliseum, J. F. MeArdle of
Omaha: dairy building, J. H. Harms
of Wilcox; gates, I. D. Tolen of Ord.
and William Johnson of Minden;
manufacturers’ building, F, F. Ever
etts of Scottsbluff; tickets, O. O.
Smith of Chadron; horses, A. H.
Miller of Kennard; beef cattle. Con
McCarthy of York; dairy cattle,
Charles Dobry of St. Paul: swine, A.
W. Lamb of Albion: sheep, W. T.
Parkinson of Pawnee City; poultry,
C. G. Cottle of Edgar, agricultural
products, T. B. Keedle of Minden;
domestic ‘products, Mrs. FVank
Scherzinger of Nelson: bees and
honey, William Prahl of Pierce; tex
tiles, Mrs. J. P. Masterman of Lin
coln; fine arts, Mrs. Wilson Field,
jr., of Lincoln; educational, Mrs.
Esther Myers of Lincoln: machinery.
Joseph Boberts of Fremont: better
babies, Mrs. Ella A. Vaughn of Lin
coln; boys' and girls’ clubs. L. I.
Friable of Lincoln, and speed. Perry
Reed of Henderson,
Actual organization work tn the
various departments will begin dur
ing the next few weeks, according to
Secretary Danielson.
Midway to Replace Dairy
Building on Pair Grounds
Lincoln. July I—The old dairy
building which has commanded the
top of the hill at the state fair
grounds for 35 .rears ha* been tom
down to make room for a midway of
several stucco buildings to he used
for booths, stands and eating houses.
These will he erected In time for use
during the state fair this fall, accord
ing to E. R. Danielson, secretary of
the state hoard of agriculture. A
large arch at the head of the mid
way will form the entrance
Instead of the figure of a woman
sowing a field, the new French post
age stamps bear the head of Louis
Pasteur.
Keep the air'mimdtheHomc
fresh-k^P it
\ Alive’/
Why not make homo
the coolest place in
town with live, fresh
air from a G-E Kan ?
You can run a G-E
Kan all day long for
the trifling cost of a
fair cigar or a soda.
Get • G-E Fen
A
GENERAL ELECTRIC
TRODUCT
G'EFans
-use no more current than a single lamp
SOLD BY DEALERS EVERYWHERE KB-lit
Mid-West Electric Co,, Omaha, Neb., Distributor
DEALERS
NEBRASKA POWER CO., 15th and Farnam SO.
SOUTH SIDE BRANCH, 2414 M St.
JAMES CORR ELECTRIC CO., 1413 Dodge St.
AMERICAN ELECTRIC CO., 520 S. Kith St.
E. It. WILLIAMS, 1905 Farnam St.
< 'HAS. NKJKPINSKY, 1252 S. 13th St.
THOS. DURKIN. 2223 Cuming St.
HODGE ELECTRIC CO., 2508 N. 24th St.
PENCE ( ASH HARDWARE CO., Aurora. Neb.
CITY OF EDGAR. Edgar, Neb.
UNITED ELECTRIC CO., Lexington, Neb.
W. B. MILLS. McCook, Neb.
THE WATER * LIGHT CO., Nebraska City, Neb.
TEICH ELECTRIC CO., Oakland, Neb.
LOUP VALLEY ELECTRIC CO., Ord, Neb.
NEBRASKA GAS & ELECTRIC CO., Osceola, Neb.
I II. FOWLER, Paxton. Neb.
NEBRASKA GAS & ELECTRIC CO., Plnttamouth, Neb.
SOUTHERN NEBRASKA POWER CO., Superior, Neb.
W. A. 1ILSOOX. Wayne, Neb.
WEST POINT EIGHT A POWER CO.. West Point, N, b
OMAR G. FLEMING, Wilsonville, Neb.
NEBRASKA GAS & ELECTRIC CO.. York, Neb.
j DEAN & CO., York, Neb.
The Business Barometer
This Week's Outlook in Commerce, Finance, Agriculture
and Industry Based on Current Developments.
Ily THEODORE II. PRIC E.
Editor Commerce and Finance. New York.
The hysteria of alarm by which 'Vail
street has recently been aff 1 i«*L**d reached
tho climax of absurdity on June 26, when
a professional prophet who sells his pre
dictions announced that "we now advise
clients who are unwilling to carry their
stocks through a possible year of lower
prices to sell immediately on every rally.
Inasmuch as the author of this rather
startling advice has been predicting high
er prices ever since March K. when the
market was an average of 10 points high
er, it was assumed that his sudden
change of front indicated a pnknowl
edge of some \ ery Important and unfa
vorable development. If this does not
prove to be the case, he should be severe
ly censured for unnecessarily aggravating
the mistrust caused by the failures of the
previous week, and the unfortunate
"clients" who sold on his advice will have
just cause to complain of his bad Judg
ment mm expressed In his bulletins during
th'- last two and a half months.
Certainly there is nothing to be discern
ed that justifies pessimism at present,
and if <5h ■ must speculate In the Mock
market, which is always hazardous, it
would seem to be far wiser to buy than
to sell.
In support of this view, reference is
made to the following facts:
1. The large business indicated by the
unprecedented railway traffic and Increas
ed net earnings of the roads, which arc
still gaining.
2. The tact that everyone who is willing
to work Is employed at good wages.
3. The large sales reported by the de
C art me lit stores who are doing a much
igger business than a year ago.
4. The abundant supply of credit assur
ed by th« reserve ratio of 76.9 per edit
reported by the federal reserve system la*r
week. The percentage of reserves to lia
bilities has apparently been but little af
j fected by the loss of nearly Ji9.000.ooo in
the gold held. The reduction is presuma
bly due to continued disbursement of "yel
low barks" by the banks who are trying
to conceal our plethora of gold by getting
it into circulation. * .
6. The gradual subsidence of the scare
caused by the failure of two moribund
banking firms and the wild rumors delib
erately circulated about others of un
questioned standing.
« The decline in the stock market re
corded „lnce early in March. It runs all
the way from 5 to 25 per cent and justi
fieH the expectation of a recovery.
Those who can interpret the foregoing
brarlshly are welcome to make the most
of it. but It is highly improbable that
the hard headed business men who sn
out side the environment of Wall street
will be driven Into a. panic by the out
givings of those who would not need to
sell their advice if tt was infallible
The wien man will, of course, mar* s.
lowance for accidents in appraising every
situation, but the recent decline in the
stock market seems to have discounted
nearly everything but a world-wide cata
clysm. and we had so many cataclysms
duriqg the seven years ending with 15>2l
that humanity is tired of them and will
lie on guard against any more such hap
penings In the near future.
This may explain the recent nervous
ness of the speculative markets, but it
Is also a guarantee against dangerous ex
pansion and the p*ril of a audden col
ls p**.
Jlestralned by this cautionary spirit,
prices swung within narrow limits last
week. In the sf**l industry *he extreme
l heat compelled some short time, but the
mills are well sold ahemd and leading
manufacturers say that they will be fully
employed to the end of the year The
weakness of copper, which la attributed to
the diminished purchasing power of Eu
rope. ie in fact the only unsatisfactory
feature of the metal market, as the rela
tively low price of wheat la about the
only thing of which the farmer can now
complain with reason.
They are both due to the economic dis
order and impotence of Europe, which
time alon* will remedy.
Corn and cotton are bo*h selling at
price* which will pay the industrious
farmer a comfortable profit, unless there
Is a SSTiOtlS crop failure. As to ' orn. it
is too early to apeak positively, but cotton
appears to have stabilized itse;f *t be
tween 20 and 2 5 cent* for the i.rx* crop,
with a possibility of gubstantialiy higher
prices If current crop estimates averaging
probably 1©.750.00© bales are not greatly
ex< eedej
Coffee and sugar ar# not mu< h rhanged
The price of roffe* depends upon the
Krazil.an government and opinions of it*
intention and xbl v to sustain prices
\ary from dav to day.
Sugar is not • heap, but It is not dear,
and with care the unsold portion of the
< uban crop can probably b# marketed
around present prices.
There !» a c r,f!i • of opinion about
wool Prices in London show a declining
tendency, but Mr Wood of the American
Woolen company, who is the worlds
largest buyer, says that trade :s food and
that there la no reason for any d*< line.
The cptton goods market ;* hesitant
and will probably remain In that condi
tion until buyers know what the next
crop will be.
The news from Europe ls'-V* aer*
t-onalism. but does not fndPats that
much progreea is being made toward
find ng a key for the Franco-tiernun
deadlock. With marks selling at 15" -
00© fur a dollar and over thirteen tr»'
lions in circulation t^ey »*n nol ;>rt>
I'-ngcr ha considered as a me.Hum f m
chnge. They are of Interest t :«fly ns
an example of Germany's ingenuity in
marketing the product of its paper fac
tories. _ „
The trade reports received from Kng
laml. and especially Lancashire, arc,
« h« ruct* rUtlcHlIy lugubrious, *#it Great
Britain Is nevertheless muddling through
and the buoyancy of the London stock
market seems to Indicate that some
Englishmen are making money.
Private advices from Russia are sur
prisingly encouraging and indicate a dis
tinct rcuaacence «f industrial activity now
that i h*> capitalistic regime has been re
established.
If it were possible to make a ha la nee
she. t of the world's condition today and
compare it with a similar statement
ii ade up six months ago we should
probably find that the sum total of hu
man wealth had been substantially in
creased in the interval. Horn** items
would be larger and some smaller, but
on the whole the comparison would chow
progress .
This Is all we can ask and though
“man never ts but always to be blest”
there is some satisfaction in the thought
that the world in general and America
in particular. Is better off at the end of
half year than they were six months
. are reducing our natlonnl debt
rapidly, the government Is a little more
economical, there is a faint hope of
lower taxes, and while we have at 111 a
good many things to complain of
can at least be thankful that we are not
going backward «* we resolve to go for
ward more rapidly In the future. ♦
Following arc the crmparatlye prices
for the end of last week, and of previous
week ami for laat year:
Bank clearings (Bradstreets) Jn thous
ands. $6,869,485, $7,80S.19C $0.904,940.
Busin* sh failures. 3.35, 313, 3*2.
Federal Reserve ratio, 76.9 per cent, <7.6
per c**nt, 77.5 per rent
Security prices, N. Y. Stock exchange,
20 industrials. 69 38. 92.26, 92.06; 20 rail
roads, 79 94, 81.24, 83.73; 40 bonds, 86.30,
86.65, 89.20.
Commodity price*;
Wheat. July delivery, Chicago, Jl.0-%,
1.04%, <1 14 %.
• torn, July delivery, Chicago, 82, 83%,
62%.
Pork. ribs. July delivery* Chicago, §92,
9 17. 11.95.
Beef gd. dressed steer*. Chicago, 16 .j0,
16 6“. 14.50.
Sugar* refined, New V* 9-4
.0420.
Coffee Rio No. 7. New York. 11%.
11%. 19%.
«*utton in i'll ng, Nets York,
.2765, .2210.
Print cloths. New York. .66%, 07, .‘ 6%.
Wool, domestic as rage, New York,
.1268. 8364. .7401
Pllk. No 1, Sinshlu, New York, 7.95,
8 or*. 7.40.
Rubber, crude, planta. New York, 25%,
26, 16
Hides, pack. No. 1, New York, 14, 17,
17
Iron, No. 2. Philadelphia, 36 76. 20.78,
27 82.
steel Ulllets. Pittsburgh, 42.50, 42.60.
36 00.
t ,
NOW SHOWING
'rtS5K5c *•>/
PENROD,
AND SAM
Booth Tarkmgton's
Sequel to *PenroJ*
and
CLYDE COOK
In “Lazy Bones”
Alio
LAVELLE GORDON
Canadian Tenor
"I lihe a
fussy’customer
NOWING what I do about the manufac
ture of cigars and cigar quality, it amazes
me to scd a man who will argue for fifteen
minutes over a salad dressing, or who will
hold a spirited debate over the freshness of
an egg, walk into a cigar store and in the most
off-hand manner say, "Give me a good fifteen
cent cigar.”
There is just as much pleasure, just as
much satisfaction, just as much profit to l>e
derived from the careful selection of cigars
as from the careful selection of food. It is
just affeasy to acquire a taste for good cigars
as it is to be satisfied with whatever the man
behind the counter offers you. And it is
entirely unnecessary to pay a price you cannot
afford in order to enjoy the finest tobacco that
can be put into a cigar.
The proof of the pudding is m the eating.
Next time you buy a cigar ask for La Palina.
At whatever price you are accustomed to pay
—from 10c to 3 for 50c, I am certain you will
find it the most satisfying, the most delightful
mild cigar you ever smoked
CONGRESS CIGAR COMPANY
Philadelphia
Major ..... 10c Blunt ... 2 for 23c
Senator ... 2 for 23c Magnolia .... I5g
Perfccto Grande, 3 for 60c
Alto rumtrou* other popular thapet and tizet,
ITS JAVA WRAPPED
CIGAR
The IVrcgoy & Moore Co.
Om*lta l)fi Mointi
Sioux City Sioux Fxll»
K<*p ft frtah Fox in your office i..n dor I
/ ami also in your humidor at home.
Ts ( )
New York Bonds
Iiy AuMfialrd
New York, July 1.—New low prices
for the year were recorded by a large
list of bonds during the past week.
Except for occasional and brief
periods. Investment Issues held rela
tively firm and a few Individual In
stances of moderate gains were noted.
On the whole, however, bonds moved
to lower ground, largely as a result
of unsettled conditions in the stock
market.
Some of the selling of active 1'nited
States government bonds may be
traced to the fact that the amount of
these Issues exempted from taxation
under the income tax law will lie
reduced July 3, from $160,000 to $55,
000. This would not, however, ac
count for the selling of the tax ex
empt 3 l-2s, whicli also moved lower.
Alrm-t without exemption foreign gov
ernment bond’ yielded the
pressure of the pact won * *-r*r» .
Ioj*s* h amounting to 3 point*. h ,rope* i
bonds reacted lo the do«nwa d t • j
more readily than did those of -out5!
A ntericnn countries. In fu«f- buying
the Mexican i»*u*s alter Mtnouric#uiM,<
that formal cull for thHr deposit v,-uid
be Inftu* d July 9. earned thus*
back to approximately the same i*vei »\
a week ago.
»tr Issues I-arge.
There were a few Instance* of advance* 5
among liens of industrial 'oApanler
;.H Colorado Fuel. Dery Dry Good*
I'nlted Drug* and Td*f*tt and Meyers,
but by far the great maJoratjr yletded
from fractions to several point*. I bin
same condition wa* noted among railroad
mortgages Denver and Rio Cirande con
vertible 4 *4* advanced more than 4
points but other mortgagee of thi* com*
p*ny eased *lightly.
Honda called for redemption In July »g
gregat* $124,025,200 con.pared _ with
nearly 1145.000.00* in July 1922 >»*' i»;
sues offered publicly !a*t week totaled
$*2,165,000 against $36.*32,*00 the prev
ious week. Of this total. $4,.000.000
consisted of the offering of federal land
bank bonds.
Investment houses expected offering*
Monday to total in the neighborhood or
$60 obo.ooo. although there is a possibil
ity' of postponing the offerings until af
ter the Fourth The largest offering
will be a $40,000,000 issue of Youngstown
Sheet and Tub** company bonds th* pro
reeds to b* used in the purchase of the
Hteej and Tube company of America.
Special Attractions
Krug Park
Where Everybody’s Going
High Diving Contest on Dr. Carver's
Diving Horses
Between
Two Girl Riders
At 5. P. M.
Dancing Afternoon, Evening
Swimming Pool Opens 8 A.M.
Bring the family and
spend the day. Finest
picnic grounds in the
city.
What Will You Do
on July 4th?
An all-day picnic at Manawa Park for you
and your family or you and your “bunch"!
Special picnic space set aside, with free
ovens, tables, water and firewood. Beauti
ful place!
Bathing at the finest beach within miles of
this city!
Boating, fishing, dancing, rides, games,
swings, seats and free movies to close the
day!
Rapid street cars; fare 10 cents from Omaha,
5 cents from Council Bluffs. Good auto
roads, safe parking space.
ADMISSION FREE
Manawa Park
Vaudeville-Photoplajra
Now Flavine
REGAL & MOORE
NED NORTON & CO.
“Marriage vs. Divorce"
Other Standard Vaudeville
and Exclusive Screen Features
Johnnie Walker
H. C. Witwer's
( tiMttopolflan Macajlno Morv
The 4th Musketeer"
^ ,lii know it's a croat ploturo if
It. r. Wltwrr wmto tho »lorT
NEIGHBORHOOD THEATERS
VICTORIA • 24th and Fart
"Caotaat »■ Omaha*'
BARBARA LA MARR
»n "POOR MEN'S WIVES'
t.R AND .... 16th and llinnav
MARQUFRITC dr U MOTTF
in "SCARS OF JE*Al OUS>
H AMII-TON - 40th and liamiltan
SI’I C IA! PRODUCTION
"'Alin or SIIJM MIN'*
now ranna now <
GREAT DOUBLE PROGRAM
“MARY T
MOVIES”
| ‘‘Wonders of the Sea” |
No Advance in Price*
NOW PLAYING
“My Friend
The Devil”
A gnu) Milling glory of
•rimer and faith