The Omaha morning bee. (Omaha [Neb.]) 1922-1927, August 27, 1923, CITY EDITION, Page 6, Image 6

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    Pinchot forking
to Halt Strike
in Coal Fields
Pennsylvania Governor Bent
on Reconciling Diferences
Between Miners and
Employers.
By I'niTprul Servlc*.
Washington, Aug. 26.—Wsfthlngtor
evidenced great satisfaction with th
vigorous manner in which Governo
Pinchot of Pennsylvania plunged inti
the task of averting a hard coal strike,
assigned to him by President Cool
idge.
The enthusiasm and confidence
with which the governor started the
state machinery in operation at
Harrisburg and his firm attitude that
the people must be spared the rigors
of a fuel shortage this winter,
strengthened administration hopes
that an amicable solution will be
reached.
Word from Harrisburg outlining the
preliminary details of the course
Governor Pinchot plans to follow was
approved at the White House and by
the United States coal commission.
John Hays Hammond, chairman of
the commission, was with the presi
dent for half an hour. They went
over the steps Pinchot has taken and
the prospects of success they indicate.
All in Pinchot’s Hands.
President Coolidge is determined to
leave Pinchot’s hands entirely free to
grapple with the problem as he deems
best from his viewpoint on the
ground. The president assured the
governor in advance that the adminis
tration will back him up to the limit
and that the federal government will
do nothing to interfere as long as he
direct* the fight. The arrangement
was one of co-operation with Pinchot
taking over the reins from Coolidge.
Mr. Coolidge was thoroughly con
tent tday to adhere strictly to that
policy.
All action at this end was in the
direction of perfecting plans for pre
venting hardships and suffering from
a lack of hard coal by flooding the
anthracite burning communities with
substitutes, mninly soft coal and coke.
At the first call for assistance from
Governor Pinchot, however, the fed
eral authorities rushed to respond.
Digs Into Facts.
Chairman Hammond stated that the
governor called him on the long dis
tance telephone and asked for in
formation as to earnings, living costs,
living conditions, production costs and
other data bearing on the anthracite
industry. This information already
had been gathered by the commission
and made public in It* series of re
ports.
Governor Pinchot was supplied with
these documents and other data of a
confidential nature bearing on the
controversy when h* called at the
commission’s offices with Chairman
Hammond after their conference with
the president yesterday. The reports
nre more or less technical, however,
po two of the commission’s statis
ticians were dispatched to Harrisburg
to facilitate the, governor’s study of
the Information.
Substitutes Menace Anthracite.
If a strike should come, he de
clared. there will.be no anthracite
market for the remainder of the
winter when work is resumed. The
president and the coal commission
head still cling to the belief that this
phase of the situation—the danger cf
disaster to the industry—will prove
an important factor in bringing the
operators and miners together. Chair
man Hammond asserted with even
more confidence than yesterday that
the administration does not see any
likelihood of a sympathetic strike in
the bituminous fields. John D. I.ewis,
president of the United Mine Work
ers, he pointed out, is on record as
opposing such a move, and other
union leaders have expressed the
same view.
Other Governors Delay.
Some surprise was occasioned to
day when it became known that six
of the governors invited by Federal
Fuel Distributor Wadlelgh to partici
pate In the conference in New York
to formulate plans for supplying and
using substitutes had not replied to
the Invitation. They are the gov
ernors of Maryland, Maine, New
Hampshire, Vermont, Rhode Island
and Delaware. Mr. Wadleigh still
expects to hear from them in time
for the meeting. The delay, In his
opinion, is due to the necessity of
selecting the men to send to the con
ference.
According to the agend* worked
out, the sessions probably Vlll con
tinue for several days. Besides dis
cussing and agreeing on plans for
distribution of substitutes, engineers
from the bureau of mines and others
will demonstrate to the state officials
the best methods of adapting the sun
stitutes to certain kinds of heating
apparatus.
The railways, Mr. Wadlelgh said,
have assured him that they wilt co
operate to their fullest possible
ability. Representatives of the vari
ous lines operating in the anthracite
and bituminous districts will hold a
preliminary meeting of their own In
New Tork Monday afternoon and Join
In the conference of states Tuesday.
Wheat Rugt Not Transmitted
in Seed, College Declares
Numerous Inquiries are being re
eeived at the agricultural college
relative to the use of seed from fields
which were badly Infected with rust
this season. There Is no danger of
carrying rust lnfactloi o next year's
crop by using send from fields which
have rusted badly this year. There
Is possibly some danger that the
germination of badly shriveled seed
from rusted fields would not be very
good. This ran easily he determined
by a simple germination test. While
piump kernels are to be preferred for
planting, the shriveled kernels will
usually make satisfactory seed and
may ho used In preference to shipping
In plump seed and paying the extra
cost involved.
Johnson County Farmers
Will Fight Hessian Fly
Special Dispatch lo The Omaha lice.
Tecumseh. Neb., Aug. 20—Johnson
county wheat growers, through co
operation with County Agricultural
Agent H E. Huston, will make a big
fight this fall aaglnst the Hessian fly.
The plan will be to dispose of all
wheat stubble and to sow at a time
the fly ran do th<- tenet damage. The
loss front this imst was pretty severe
in Jhls section this year. ^ llfttfjT ^
Education Plus Pleasure Draws Throngs to Nebraska State Fair
Recreation is combined with education at the Nebraska State Fair. Here are just a few of our citizens enjoying an afternoon off, partaking
of the splendid play program staged by the state fair. Some crowd, you say—sure, did you over see one of these immense state fair crowds? If not,
you better get down to Lincoln about the first week in September and see how many of your friends and fellow citizens live in the grand old state.
I M
Sextet of Porkies at State Fair
| Well bred, well raised—that’s the
only story we have to tell. We had
the same dad and the same mother
j Even our owner can hardly tell us
'apart. Why? Well, our ancestors
were all selected with care—that’s
■ the only answer we know.
Better come down to the State
Fair at Lincoln this fall and see how
we have grown since last year. Ne
braska Corn and Alfalfa make us
leave our baby days pretty fast.
Husband Boasted Openly That He
Would Get Younger Bride, Wife Say.
Six Divorce Petitions Filed in Council Bluffs Yes
terday—Cruelty Charge Is the Most
Frequent.
Charging that her husband has
boasted openly that he no longer
loves her and that he is going to get
himself a younger and better looking
wife, Ella Keating Saturday filed
suit for divorce in district court at
Council Bluffs against Gordon D.
Keating. They were married in Oma
ha on October 20, 1910, and separated
on August 24, 1923. She charges
cruelty and alleges that her husband
has refused to pay the rent and that
he gave her onl>*$30 in four months.
Five other divorce petitions were
filed Saturday in the Bluffs. Bessie
E. Combs sues Joseph W. Combs,
charging cruelty and asking custody
to their son, Paul, 10. They were
married In Missouri on January 1,
1897, and separated August 30, 1923,
Charging cruelty and infidelity and
asking custody of their two adopted
children, Flossie, 9, and Rosa, 5, Car
rie Smelser asks for a decrtje of
divorce from George Smelser. They
were married at Plnttsrnouth, Neb.,
on October 6, 1902, and separated
July 1, 1922.
Other petitions were: Elizabeth A.
White against Edward M. White,
married April 20, 1921, and separated
August 8 of the same year, desertion
charged; Eillian Baxter against Ar
thur Baxter, married on March 27,
1914, cruelty charged; Clara Tyler
against Frank Tyler, married Febru
ary 14. 1918, cruelty charged and cus
tody of two children, Clarence, 5, and
Margaret, 3, asked.
Independents in “Gas”
War Seek State Help
Special DNpatch to The Omaha Bee.
Sioux Falls. S. D., Aug. 26.—It be
came known F. H. Btiehler cf Madi
son, H. D. Freeman, Sioux Falls, and
M. R. Baskerville, Watertown, the
original independent gasoline dealers’
committee, were at Pierre to con
fer with Governor McMaster and if
possible adopt some plan whereby the
independent dealers of South Dakota
may be saved from ruin as the result
of the present gasoline price war.
The refflsal of the Standard Oil
company to adopt the price of 26
cents proposed by Governor McMas
ter is forcing the independents to
meet the Standard price and sell at
a loss, as more of them have limit
ed capital.
It is estimated there are 1.000 In
dependent dealers in South Dakota,
with 4.000 men carrying on the inde
pendent business and with $1,000,000
invested. '
Daughter of Des Moines
Minister Dies in China
Dos Moines, Aug. 26.—Mrs Warren
Bacon, daughter of the Rev. and Mrs.
Charles Blanchard of Des Moines, died
Thursday in Ruling, China, according
to word received by her parents.
She formerly lived at Wapella, Ta\
and she left for China with her hus
band three years ago.
The National Women Lawyers' as
sociation has representation In 32
states and branches in France, Italy,
Australia and Porto IUco.
Reichsbank Head States
Debts Caused Inflation
Berlin, Aug, 26—Dr. Rudolf Tla
venstein appeared before the cen
tral committee of the reiehatag and
defended his policy as president of the
reichsbank, contending the bank was
not blameable for the continuously
growing inflation.
The main cause for this Inflation,
he said, was the unchecked increase
in the floating debt, which on August
1 aggregated 194.006.000,000 marks, of
which 177,000,000,000 were In the
reichsbank's coffers.
Thus far Dr. Havenstein's state
ment appears to have failed to put
an end to rumors that his resignation
as head of the reichsbank is imminent.
His reputed change In policy has
caused much surprise, the more so ns
the government was helieved to he
unanimous In desiring his retirement.
Bluffs Drum and Bugle
Corps Receives Many Offers
Members of thtr new drum and
bugle corps of Rainbow post. No. 2.
American Region, made their first of
ficial appearance In the business dls
trict of Council Bluffs last week. The
corps was organized six weeks ago.
There are 10 drummers • and 18
buglers In the organization and their
services are being demanded for sev
eral engagements. The corps mem
bers will operate a candy booth at the
legion carnival grounds, Twenty
eighth street and Broadway, this
week. Proceeds will he added to a
fund of *2T, donated hy the women's
auxiliary unit and new uniforms will
he purchased.
Clarinda Church Sends Couple
to Colombia as Missionaries
Clarindn, Ta., Aug. 20.—Mr. and
Mrs. Normnn E. Ny guard, ‘'adopted”
by the Clarlnda Presbyterian church
as missionaries, sailed August 22 from
New York on ihe steamer Hixola for
Colombia, 8. A., where they will sol
dier for Christianity.
The couple 1h going to a. field where
there Is one missionary for every
200,000 Inhabitants. They are being
sent out by the Presbyterian board of
missions and are supported by the
Clarlnda church, of which the Rev.
Dr. A I: Mai shall, formerly president
of lliu Omaha Thuologlcul seminary,
In pnntor. Mr. Nyguard I* n recent
graduate of the Omaha nr ml nary.
Mr. and Mr*. Nyguard will tie mu
tinned at Bnrranqullla, a town of 100.
000 nltunti'd 15 rnllen from the count
nnd 11 degree* north of tile equator.
The only luxury they are taking
with them In an Ice cream freezer.
In in procurable in I lu it.u ni|Ul)ln,
though the price la txhurbltant.
/ 1
Nebraska Swine Grow as Big as Any
Yew, we grow them big in Nebras
ka-Just as big as they do anywhere.
Nebraska's swine show alone is
worth a trip to the Nebraska Stat#
Fair which will be held at Lincoln,
September 2 to 7th.
iinc Malvern Man
$700 for Driving
Auto While Drunk
Dean Clem Pleads Guilty of
Operating Car With One
Hand—Drinking With
the Other.
A fine of $700 was levied In dis
trict court at Counril Bluffs yester
day ag&inst Dean Clem of Malvern,
la., following Ills plea of guilty to a
charge of operating a motor vehicle
while Intoxicated. He was arrested
on July 26 by Deputy Sheriff George
Gillaspy, who says Clem was driving
with one hand and drinking from a
bottle with the other.
The case was the first In the war
declared by Sheriff P. A. Lainson and
County Attorney Frank E. Northrop
upon motorists who persist In operat
ing their cars while under the in
fluence of liquor. Half a dozen of
such cases are pending in the courts
and maximum penalties will be urged
in all of them, the county attorney
states.
Potential Killer*.
"Intoxicated motorists are poten
tial killers," said Northrop yesterday.
"It. Is almost as safe to permit a
drunken man to run arnuek with a
gun as with an automobile. Most of
our accidents are due to liquor and
they are beginning to he entirely too
numerous. Drunken drivers may ex
pect no mercy from this office and
we will demand jail sentence* when
ever the case warrants."
Among the motorists who now are
awaiting trial on the charge of driv
ing while intoxicated are C. W. Spen
cer. R. C. Leagan, Walter Anderson,
A. C. Evans of Omaha, L' uis Vllliger,
Janies Luce nnd John Black. Spencer
and Anderson were arrested following
accidents.
Woman Injured.
Mrs. S N. Heaton of Randolph, In
was Injured severely when the ear
driven by her husband was struck
by Spencer's machine on the Glen
wood road the night of August 17.
Anderson In his mnchine struck Mrs,
Steve A harlot Is of Omaha at Sixth
street and Broadway on August 7.
Ambitious to .Be “Sheik;’
High Sehol Boy Arrested
"What! Are you trying to he a
sheik?" exclaimed Mrs. Harry Soskin.
922 North Sixteenth street, to her
son. Herschel. 15. when she appeared
at the central station to arrange his
bond on a rhnrge of .Insulting women
on the street.
Soskin Is a pupil at Omaha Central
High school and gave his occupation
as chauffeur.
Nebraskan Is Held in Ohio
as Suspect in Murder Case
Kenton, O., Aug. 21—Suspected of
complicity In the murder of Sheriff
William Vaw Camp at Rrooksvllle,
Tml, a few dnya ngo, Gustave Hugo
Wendland, 24. who rlnims to he n
resident of Nebraska, wna arrested
here.
Trade Review
By K. <i. I>un A ( O.
Th^re^ls still a conspicuous lack of uni
formity to report* from commercial cen
t«rs. but more definite indications of en
larging business are noted in some quar
ters. With the advance toward autumn,
increasing * in t crest in prospective future
requirements is being shown in different
channels, and there is expectation of a
more general revival of activities after
the pr-^ent seasonal restrain: a have been
removed \\ hero actual gain in buying
has developed, as in the divisions of the
textile trade, prices are firmer, and the1
excess of decline* in Dun's list of whole
sale quotations has narrowed appreciably
during recent weeks. Change* in working
hour* aro becoming a factor in th« price
movement in the steed industry, tending'
to steady some markets, and the rise
pri< es of grain has Leen further extended.
Reflecting the latter phase, dispatches
from agricultural sections of the west in-1
dh ate a more « heerful feeling, and the
high price of cotton has strengthened sen
timent in tho south. While unfavorable
features, such as the anthracite coal min
ing controversy and the political unsettle
f? ’
amenta! domes* in conditions are consider
ed sound and confidence in » good fall
business ha* not diminished. Tp*» slow
ing down process that followed the re
markably rapid expansion of *he first
quarter of this year had a wholesoti.*- j
bearing on the situation, and the absent e
of any general trend now t/ward specu
lates excesses is reassuring
Krsistunre to I*r|ci» Declines.
More i "hlatai • •* to pr.-e decline* has de
veloped. J,a*t week h compilation of whole*
*hIo quotations showed that recessions snd
advance* were almost equally divided, arid
Duns lift this week disclose* 41 reduc
tions and 3i increase' The r,»* in grain
prices ha been a feature, with corn epe
cialiy prominent !n the movement, and
spot cotton has held shove the i!?>c level.
In view of th« latter condition, it is not
surprising that price* of some cotton
goods have turned firmer, particularly a*
demand has Irf a dentil. >'• * * el y a change
appears this week in pub!.shed quota* -ms
of iron and at•.■•*!. cu' tb- cn •/'jlV
t on l teadi.«‘-r sr.d *. n shift in * *
schedules has raised the possibility of
higher prices for soma steel produ ',*.
Fargo lotion ( onsuinpiion.
An n’^clal report mad* public ear-v
this week placed domestic consumption
• f cotton for the season ended on July
31 last at 6.M' 4.710 bale.*. Th.s represent*
a gain of more than 11* (•©*> balea o\er
the total for the linmediaieiv preceding
(n-iigr.n and there were fully 4 .o,..>•<» more
spindle* in operation at th** close of July
than a year previous Export* during th*
recent season, however, were less than
4 S2&.000 bal* s. or *ome 1.3*1 ‘>00 bale* be
low the shipments for 1121-1922 The,
< arrvover of cotton In this r« untrv >’»i ,
July 31 last approximately 2."M.000 bale*.
wh«*rex* there was a carryover uf 2.HIF
«.00 bale* In 1 922 While domestic con
sumption still exceed* that of * '• sr ngo.
»her* ha* be<n a pro*re**ire reduction In
the tn?*|* during tecent months end
fully *<_>». 000 fewer spindle* were active
in July tb»n 1n June
lotion Trails Improve*.
Afore d A " n it o sign- of expanding busi
ness in primary cotton good* channe.*
appeared during the week While buy
er* remain conservative, an Increasing
disposition to cover fall reed* i* shown,
and price* are firmer. The higher ir.ar
t* fur r-*w cotton, with a lor*, spot
quotation about 115 a bale shove that of
a vear ag". tend to strengthen price* for
good*, and print cloth* have advanced
••Sc a yard from the low level of last
month There »* still con*1derable Idle
»t manufacturing centers now
• ver. and on!v a m©d*--ate revival of ex
port trade ha* occurred. Imprr's or fine
coffon* • n the r.ihdr hand arc large
while an increased vdluine of wool good*
.* coming into this country.
larger liming of Rail*.
No general breaking awav from th*
summer lul. In steel demand ha* vet
occurred, but Increased rail |>ur. busing
hi* been a re. nt feature. Extension of
the |13 price io cover shipment* In the
first half «*f next v ir ha* brought ou?
a larger volume of business, with abou*
:if»A.00o tons already do;, d for 1924 and
••at urate* \ lacing pro-pet t »e contrail* at
twice that total. While the car buying
program is not definitely known, and
though some plant* will need fall orders
to avoid curtailment, the Iron Age re
ports that th*s current w.-.k ha* been the
bc*t in twi* month* in ihe equipment
f d ! Th • change to a shorter workday
In the *t« el industry, however, had added
• o tile unccr t mni les of the outlook, and
som« dlflbultv from a labor supply stand
point la ex per ted In t h* Pittsburgh dis
trict Yet further shutdowns at pig Iron j
furnaces are noted, and more worker*1
Kh\o been available than was expo. ted.
Hide nMrkrts lx*cl* Firmness.
While dm»tnd* h-*\c broadened and
irbhave atr-ngthened in some branches
of business. the hide trade and allied
line,, mainlv lack activity and formnes*
The hide market*, especially, are dull and
wi'h « number of decline* In pub
lished quotations Tanner* again appear
to be disinclined to purchase raw material
except nt concession* and even calf skins
have developed a softer undertone. Simi
larly, |A* t her buxines* i* chiefly at lower
price*, although certain specialties are in
demand and hold their price. The threat*
Mmd shoo strike In New England has
Icon n retarding f-.« tor. and producer* In
tho west ha vo been doing relatively bet
tor than manufacturer* In the e*«t.
Consignments
All Kinds of GRAIN
“UPDIKE SERVICE”
FINANCIAL STABILITY
Flu*
SERVICE FACILITY
For Safety and Satisfaction’s
Sake Bill Your Shipments
to
Updike Grain Corporation
OMAHA
K»ni«i City . Chicago Milwaukee
College Urges
More Alfalfa
Study of Wheat .Acreage and
Prices Basis of Piea for
More Legumes.
A study of the wheat acreage of
be state in conjunction with the
resent market price of wheat indi
ces that Nebraska farmers may
ell seed down a still higher acreage
o alfalfa and other legumes. Advises
he agricultural college, Lincoln. The
decreasing soil fertility as shown by
the spotted, uneven growth of oat
Helds this season is an additional rea
son why more should be seeded down
for soil building purposes.
The fall seeding of alfalfa in the
eastern half of Nebraska, putting in
the seed from about August 15 to
September 10, is a good practice and is
probably almost as certain as early
spring seeding. Fall seeding should
be particularly good this year in view
of the numerous rains that much of
the state has had.
Tests would indicate that for aver
age conditions good Nebraska or
northern grown common alfalfa will
do as well as any of the other va
rieties. Some other varieties arc
somewhat more winter hardy, but
the cost of seed is considerably high
er and there is often considerable un
certainty of getting seed true to
name. ^
/ A well prepared, well packed seed
bed Is a very important factor in get
ting good stands. Pack It well. Seed
ing about 15 pounds of good seed,
preferably with a drill, should result
in a good stand.
| Omaha Livestock
Omaha. Auk 25.—Receipts this week
root up approximately 35.258 head as
compared with an actual supply of 33.297
h-ad last week and 39.S59 head the cor
responding week one year ago.
irneyenneai has been particularly no
ticeable in the market for killing cattle,
many changes being brought about late
in the week by the water situation. De
mand for the well-conditioned steera and
yearlings has been broad and prices have
been forced higher, advance full' 25 to
over a week ago Half fat offerings
have not been favored and consignments
••f these grades cleared slowly earn «»**
•Hi°n and only mild impiovement is no
ticeable.
Rest steers reached 112.35. a new high
record for the year paid for steers aver
ting 1229 and 112:. with $12.*;5 paid
for yearlings of 1 *»l •< pound average-,
(’hoice cornfed offerings have been numer
ous and most sales of these above 1.100
pounds have been from $11.25 to $12 00.
with the inhetween grades generally up
uard front SI". <'hoice yearhr g and
steers under 1.100 pounds sold from
$10.75 to $11 75. common grades noted
down to $*.50 while the bulk of fed
steer* and yearlings were released from
$9 tu $11 75.
(■ras* Steera Sale* Few.
Outlet for gra-*s steers has been nar
row and onlv a few sales have been re
ported to klllern. «.* the hulk of the of
ferings from the range state* ha* e sold
to better advantage to feeder buyers.
Sale* to packer buyers were noted from
15.25 to $*. Noteworthy sale* Thursday
included a shipment of 14 head of sleeps
and he:fers from the Shelby (la > Calf
'dub, with individual sales of steers from
$12 to $13 50 and heifer* a' $11. Th*se
offerings were in the show rjae* and
ranged in w-lgh» from S5o to 1.12" dov ds
Market f.#r killing she-stork has fluc
tuated considerably with most of the sale*
made on a ‘‘optch *■ - catch can" basis.
Cornfed offering* at ' the better grades
of grass cows and he-fers that are suita
' :*• for ship;> ?>g 0rd t^ ar- reported
strong to 15c higher, spots up more, while
the general run of gra«s cows sold steady
to 15c lower, in the fare of narrow de
mand Prime to^rfed hr if. r» . f *19
pound average brought $10.35. a new high
price for load iota, with $750-round of
ferings at $10.25.
Hulk of the dry lot cows and heifers
sold frorn $4 TS to $*i 50. With EDOSt of
the sales of grass cows from $3 75 to $4 SO
ind heifer* from $4.60 to $.'• SC Tanners
and cutters ruled steady at $2 25 to $3.25
An a< tive demand for bologna hulls re
sulted in a touch of strenct® w;h the
bulk of sale from $ 25 to $3 <5 Supply,
sof calves ha* been moderate and price*
are mostly steady Selected light
brought $9 00 to packers and $9 -9 to in
dependent
Heayjr Feebler* Striiilr.
Curtailment of < untry ,n j ii'y for cat
tle in atocker and feeder flesh ha* result
ed in a large accumulation in the yard
dealers’ hands and consequently a dull
market. Choice h* avy feeders and stock-]
or* have held steady, but the thin-fleshed i
offerings. la< king in quality, nre reported
a* 25c to 6b- lower than a week age. of
especial mention was the sale of *3 head
of Wvom ng steers of 1.3n9-pound a\cr
ags st $10 L" These steers were In the
near-beef class and should not ’•* taken
rs a criterion of the general market.
Practical top on fleshy feeders. 1.1*5
pound average, reached $9.78, with the
bulk of the heavy offerings from $7.00 to
$8 25 Stockers sold largely from $5.60
to $7 70, latter price paid for choice 645
pound averages. Stocker cows, heifers and
■ a Ives were unchanged. Hulk of the cows
and heifers cleared at a spread of $3 60
to $5.00. with most calves from $5.76 to
$7.75.
Marketward movement of sheep and
lambs from the western states Increased,
total for the week footing up approx
imately 79,100, as compared with an ac
tual supply of 67,443 last week, and 59,
877* the corresponding week a year ago.
Increased marketing of lambs appeared
to whet the appetite of packers, and
with urgent demand for feeding grades
there has been a strong undertone to the
general trade. Local packers. while
liandlcaped to some extent by the wafer
situation, have bought freely for ship
ment to their other plants and outlet
has been amply large, although the last
two days, in fac® of advancing prices at
outside markets, the local market has
barely held steady.
Discriminate Against Weight.
In a general way. fat lambs and year
lings are steady, while sh* ep and year
lings have moved*up 25 050c, heavy ewes
even more than a week ago. rinsing
bulk of fat western lambs cleared at
$13.00013.10; top. $1 3 27*. with natives
Ht $12.25012.50, fed i/mbs at $12 2j.
Yearlings reached $)£•'»#. while a few
wethers hare been eligible to $8.5*1. with
light and handyweight ewes at $7 j0 0
7.80, the latter price the top, with heavy
ewes at $4.5005 60.
Advancing prices featured early In tnc
week for feeding lambs, upturn mostly
16 025c. although late Friday and Sat
urday there was a narrower inquiry,
but no material change was noted for
sorted light offerings However, there
is a norbeabb- tendency on the part of
all buyers to discriminate against weight.
Good and choice 65 to 70-pound range
feeding lambs are now selling at $12 of)
013.00. with sorted lights up to $1.1
and heavier lambs on down to $11-00 and
under. Feeding sheep worked sharply
higher during the perlor under review,
best load lots of feeding ewes now claim
ing a limit of $5.60.
Receipts of hogs this week foot up ap
proximated 63.620, as compared with an
actual supply of 80.351 last w»»k and
5?.605 the corresponding week one >ear
**A light run again today, with con
tinued good demand from shippers, re
sulted In another upturn in prices, prices
tilling generally a big quarter nigb'-r.
Instance* were noted on mixed loads^ and
in between kinds of advances of 2;*c to
36c. while packing sows in some cases
looked around 15c to 25c higher as com
pared wtlh the high sales on these kinds
on yesterday h strong close.
Good quality butcher* of All weights
sold mostly to shippers. 190 to 240-pound
averages moving at $8,660 8 75, top $* * b
and 250 to 37.0-pound averages at H la
0 8 65: mixed loads carrying backing sows
and lights cached mostly at *. J5 0 *.35.
and packing sow* largely at $*.350 <.<5.
with occasional sales of light smooth
kinds ot $7>0 0 7.8 5. Fxtreme hr-ayles and
rough kinds sold on down to |. 00. Hulk
of nil sale* was at $7 35 0 8.75, top $8.60.
rompared with a week ago prices on all
grades a,re 75c to 85c higher.
Financial
By Associated Pres*.
New York. Aug 26.—The principal
financial markets this week kept a sharp
eye on the possibility of a suspension of
work in t ha hard coal fields. September
1. but the situation apparently exercifed
little influence on securities.
8om** trader* professed confidence that
an agreement between operators and
miners still would be reached. Other*
asserted that in either case any Interrup
tion to trade would not be felt for »ome
time.
Influences which might have aided
hears had the stock market been in a
••sb liquidated p-.-i^ n was the situation
in thu oil indui’ry Npd the nature of the
French reply to the British note on the
Ruhr. As it was. there came a brisk
rally in French exchange.
Oil Companies Nervous.
Nervousness engendered by reductions
in gasoline prices, continued high produc
tion of oil and the fear of a cut in mid
,continent crude price* have been height
er. I by announcement of redw 'ion In the
dividend rate by two of the leading oil
companies
Other high light* of the week Included
a decided quickening in wholesale and
retail trade and f.rm.r commodity price*.
While many adverse factor* have re
tarded th«» appearance of the usual sign*
of autumn improvement In trade, they
are now beginning to appear. The de
(line in prg iron apparently ha* been
ha cd and coke and r.r.c pr‘ *■* have
rallied Heavy deliveries < f *teel during
the summer were absorbed more readily
than many had expected.
Kail* Are Confident.
Meanwhile railroad buying ha* been a
strong supporting lnfiu-n* e. Railroad
earning statements for July are Uegin
: ng to appear and for the most part
gross revenues exceed th'*se of a year
ago ,• nd the previous month ^Larger ex
penditures for maintenance, however, has
'•suited in some decline in net operating
in me With ’he gran movement getting
under way and autumn traffic Just around
he i: timer. the carriers, fortified by
record earnings for se^en month? of the
) r-ar. are fa-:ng the future with confi
dence.
In the commodity market?. New Eng
land cotton spinner? apparently have be
come convinced that the long continued!
drouth in the southwest is going to cut i
down appreciably th.-s years crop and
the speculative buying of print cloths in
• he Fall River market ’. st wf>k was the
heaviest in nearly a year Wheat, under!
the s'imulus of a shorter crop in pros- j
pect in Canada enjoyed a briak rue. I
Cords from window shades can be
purchased very cheaply, and if every
shade is supplied with cords they will
never he rolled up crooked.
New York Bonds
By Associated Frew*.
New York. Aug. 26.—Aside from specu
lative fluctuations in foreign bonds, trad
ing in bonds during the past week dis
closed a firm undertone with net changes
relatively small. New offering* for the
week totaled $30,276,000 as compared with
$42,041,000 the preceding week Of last
week's total, $24,275,600 were railroad
mortgages, which the offering bankers
stated were readily sold.
All of the active United States govern
ment bonds closed the week moderately
above quotations at the end of the pre
vious week with the exception of the tar
exempt 3 4«. which declined 2-22 of a
point on dull trading
Chief interest during the week centered
in the French government and municipal
bonds, which moved up or down as the
days new* from abroad Influenced tho
traders. Theae bond*, however. were
practically unchanged at the week’s close.
Mexican Bonds Improve.
Mexican bonds Improved on announce
ment that a forma! statement may be ex
pected soon extending American govern
ment recognition to that republic. South
American bond* moved with narrow lim
its with net changes relatively unimpor
tant.
Despite several cabled dispatches from
Bueno* Aires to the effect that the Ar
gentine government had decided to accept
the offer of an American syndicate for a
$60,000,000 loan to refund its short term
debt in this country, local bankers indi
cated that formal agreement on details
had not yet be* n concluded. The offer,
however, is expected next week.
Industrial liens, generally. Improved In
dull trading Fierce Arrow ks closed the
week about 6 point* higher and Derry ^
Co. 7* moved up nearly 5 points Oil
company mortgages were in sup?Ty. but
net losses were held at about a point.
There was further talk of oil company
loan* to be floated at an early date, but
no definite announcement epsued.
Trade in Erie.
Erie railroad bonds were heavily traded
In. advance* in tho various issue* ranging
from a point to more than 3 points Rail
road mortgage* generally were about even
ly divided between gain* and losses, with
net change* comparatively small.
Chief offerings of the week were:! $14.
000,000 5 per cent 80-year mortgage bonds
of the Louisville A* Nashville Railroad
Company at prices to yield 5.25 per cent,
and $6,000,000 f> p*r cent one »o 15-year
equipment certificate* of th** same road
at prices to yield 5.25 per cent; and $4,
275 000 5 p**r < ent one to 15-year New
York, Chicago & St Louis Railroad com
pany equipment trust certificate* at price*
to yield 5.25 to 5 40 per cent.
Porkers Top Market
at $9.25 for New Price
Chicago, Aug. 26.—Farmers com
plaining about the price of wheat
realized that the hog is still their
friend when the porkers made
a new top for the year at $9.25 at
the week end on a 20 tfl 25-cent ad
vance.
The 160 and 230-pound class of
butchers sold at from $9 to $9.23,
while the 250-pound class brought
fiom $6 50 to $6.90. Owing to a
restored confidence in producing cir
cles the bulge was not expected to
result in an over supply and a reduc
tion in prices during* the coming
week.;
Those watching the increase in hog
prices referred to the survey of the
United States Department pf Agri
culture showing the price level for
the 10 principal crops of the farm
er. including four fifths of the value
of all farm products, had advanced
16 per cent during the last 12 months,
farmers being paid for these crops at
current prices 33 per cent more than
in 1913.
The French chamber of deputies
has passed a hill to grant a state sub
sidy of 20 million francs for the
creation of "Le Credit Hotelier.'' This
new institution will aim to develop
the French hotel system, that there
may be increased incentive for for
eign tourists to visit France.
MIDDLE
STATES OIL
What are the future prospects
of this company?
Fully covered in our market re
view.
.4 Free Copy on Request
P. G. Stamm & Co.
Dealers in Stocks and Bonds
35 S. William St. New York
Classified Ads
Two Tho usand Years Ago
The Old Romans used to have to walk down town to read
their “ classified ads ” — the little notices scratched on the
walls of public buildings.
These earliest classified ads were not so much different in
their purpose and use from those of today. When a man had
a house to rent he used an ad like this, which was excavated
in the niins at Pompeii:
“To rent, a fine house along the Arrian way, from
the first of January, by the owner, Caiis Antonius.”
A “Lost" ad read like this:
“A hammer is missing from the shop of Gladius,
the coppersmith. A reward will be paid to whoever
returns it.”
Today—instead of a few notices scattered about on the walls
of the city—the “Want” Ad section of The Omaha Bee is
offered to the people of Omaha.
ATItnl4,
Jooo
k
Are you taking advantage of this complete
„ opportunity service that comes to your
hand every day?
Read and Use Omaha Bee “Want" Ads
—-the beeline to results
%p Om&ka. Mormu^ B<h>
THE EVENING BEE