Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Feb. 16, 1907)
TOE OMAHA DAILY BEE: SATtTTCPAY, FETTRTTATIY lfi, 1907. 16 HARRIMAN DIVIDENDS BIG Ten Pr Cent on Union Paoifio and Tin on 'Southern I'acifio Conmon. RESULTS TOR THE LAST SIX MONTHS In terra In Flaarra to Nvbraak I'eo 'pla Jaat Whi Lvalalatare U la Wrratllaa with Several' Reform Meaanrea. liarrlman dividends have been declared for the Mx months ending January 1. and the biff reaulu diacloaed at the end of the preceding aix montha ahow no shrinkage. At the end of the last period Union Pa cific common stock, which had never paid more than 6 per cent, was placed on a 10 per cent yearly basis, and Southern Pa cllo common, which had never before paid a dollar In dividends, was placed in t 1 per cent basis. These facts are considered Interesting in KebraHka just now, where the legislature Is wrestling with 2-cent fare and other tallroad bills. It Is admitted that the rate might In keeping with conservatism be Increased In the case of either 'the Union Pacific or Southern raclfic, but there are very de cided reasons why these properties should be kept on the present dividend basis for the time being at least, adds the Journal. The lost six months have amply justified the dividend rates established on the liar rlman lines last August. At one stroke merely tyy the reinvestment of cash over M.000,000 per annum has been added to the surplus earnings of the Union Pacific through the other Income account; and In the case of the Southern Pacific, In the first six months of the current fiscal year nearly W.DW.nriO have been added to net earnings, which Is tantamount to the same addition to surplus earnings, and If the tame stride Is maintained tn the next six months surplus earnings will be Increased upwards of $9,000,000. Pstion tn Expect It, But perhaps It were fatuous to expect that Southern Pacific can add $4,000,000 to its net earnings In the six months from January to June. Nevertheless all the data at hand Indicate that this will be done un less some untoward circumstances occur. As a matter of fact there la no reason why Southern Pacific earnings should not phow a relatively greater increase In the last six months of the year than In the first six months. It will bo recalled that In the rerlnd from January to June In 1906 the Southern Pacific had to contend with the earthquake At San Francisco and the traffio dlsastors which followed and even although the road did make a magnificent showing during this period It was certainly not so good as would have been the case had there been no San Francisco earthquake. Assuming that there will be no earthquake this year, this assumption alone la worth from $1,000,000 to $2,000,000 to Southern Pa cific earnings, other things being equal. So far as conservatism goes probably no better Justification of the size of the Harrl man dividends could be advanced than the fact that In the first six months of the current fiscal year to January 1 the Union Pacific earned about 10 per cent on Its com mon stork after providing for fixed charges and preferred dividends for the period in question. Statement la Figures. The figures follow: SIX MONTHS TO JANUARY 1. 1907. Union Southern Pacific. Pacific. Oross $39,026,250 $fl.570.91S Expenses and taxes 20,217,064 87.574,467 Net earnings ....... Other Income ........ Total Income $26,009,196 $25,1.96,446 Charges 4,400,000 9.SO0.0O0 and cattle camp of the northwest. Be tween now and Jane It Is expected to make known to every man, woman and child In Montana. Idaho, Wyoming, Washington and Oregon that the Commercial club will Invade their land. HOTEL MEN ON TIPPING LAW All of Tfcesa gay the Meaair Ceald Hot Be FWeetnally Enforced. The Omaha hotel and restaurant men do not look with very great favor on the "antl-tlpplng" bill which has been recom mended for passage in the state senate. As a rule the hotel proprietors and res taurant men say they discourage tipping, but allege they cannot control It, neither do they believe any law against tipping can be enforced. "Tipping Is so universal that I do not be lieve any law can be passed that will pre vent It," says Manager Anderson of the Her Grand. "It Is something with which hotel managers and proprietors have noth ing to ' do. I wish It could be abolished completely. Tipping Is the fault of the guest If the law could be -enforced all guests would be treated exactly alike and that would be a good thing of course. We expect our help to treat all patrons eacactly alike, but human nature Is the same the world over. You cannot prevent a man from giving a tip and the consequence Is that the liberal tipper gets the preferred service. If we know of a patron being discriminated against because he rcfusej to pax a tip, that waiter goes at once." Chief Clerk Hastings of the Murray said: "Tipping Is all the fault of the guest, himself. There is no way of preventing it. I do not believe the law will become effec tive. As a rule we discourage tipping, but then we have no means of knowing who pays or receives tips. If we find a guest discriminated against by a waiter or bell boy, that waiter or bell boy goes." "Tipping cannot b stopped by law," says T. J. O'Brien of the Henshaw. "The tipper is the responsible party for the evil. This proposed law may pass, but it will be a dead letter. No hotel or restaurant can afford to hire a detective to watch tip giv ing. No man Is compelled to pay a tip." Chief Clerk Scott of the Merchants said: "I wish the law could be madd so stringent as to abolish all classes of tipping. But It can never be enforced. The guest pays the tip voluntarily and naturally expects special service for it. We cannot prevent that." Two of the head waiters of learilne? hotels were norcommltat on the subject of tipping. Both held that, "If we are handed a tip we would be foolish to hand It back to the giver, wouldn't we?" A .$18,809,198 $23,994,446 . 7,200,01 JO 1,600,000 Surplus ...A $21,609,198 16.(W,446 Preferred dividend L990.SS2 1,348,995 1 Balance for common.. $19,618,314 $14,747", 451 Earned on stock 10 7.4 Ilerlprocal Drmnrrare Bill. The reciprocal demurrage bill has been revived in another form at Lincoln, Intro. duced by Holbrook of Dodge In. the shape of a reciprocal demurrage bill on the aver age plan. Two bills have been previously Introduced, but they were abandoned after the showing made by the railroads. O. I Dickeson, assistant superintendent of transportation of the Burlington, made the principal argument against the 'bill and he showed so many defeats and crooked turns that nothing more was heard from them. The new bill provides for the extension of time for unloading of coal and coke to five days to work on the average plan. It is claimed by the railroads that reciprocal demurrage will, in no way, remedy the car evil, but will harrass the roads Uuh are more Interested than anybody In keeping the cars moving with loads as much possible. In the circular letter to the agents of the road. General Manager Mohler of the Union Pacific says: The question of adequacy of car supply raturally divides itself under the following headiiiKs: , (A) Freight locomotives and cars repre sent one-ill tli of the total capital Invested In a railroad, and are nractlcallv the nniv portion of the property which provides revenue: the value of the remaining four tirtha depending entirely upon the use mads of this one-fifth. , (B) lxcoinollvs and cars can only be of value to their owners when moving under load or toward the loading point. Prompt ness of dispatch in transit and methods adopted by railroads to secure Increased uuny lourtoii movement of cars. (C( ears are at times very valuable to couitiK uees fur storage purposes on the basis of the nreaent low deiiiurraae ratea. Demurrage is collected from a shipper on account of his converting to individual uae facilities furnished by the company for the beneiit of the shippers as a whole. Recip rocal demurrage, us planned. Is a penalty to be paid by a carrier, not for something It receives or unduly retains, but for fail ure to supply that which it does not and cannot Iioiwim, and from the possession of wnicn it .is to a consiaerxoie extent de barred by tho failure of Its patrons as i whole to realize and fulfill their obliga tions to other shippers and to the railroad company. The lUu-rlman lines maintain a car clear ing housu, though which all freight cars owned by separate lines on the system are pooled and handled as a common owner ship and this is said to greatly relieve the car ntuatlun on these Unes. During ly06 the Union Pacific made repairs on 4,344 locomotives and 340,118 freight cars. Tars for Creamery Trams. The Burlington is having constructed twenty new cars for the creamery service Into Omaha, Lincoln and Beatrice. The cars will be ready to put In service when the creamery season opens May 1. The Burluigton says these will be expensive cars. dipeinied especially, for handling cream and can be used but six months In the year. They will be run on the regular passenger trains. SEVENTEEN DAYS ON TRIP lagth. of Tina Required for Con amerclal (lab Joaraey to tho northwest. Seventeen days, at the very least, will be required for the Commercial club's trade excursion to Portland In June. A shedule is being arranged and will be presented shortly by a subcommittee to the trade ex tension committee for approval. As It stands at present, the schedule Includes a day's side trip to Tacoma and Seattle. ' An advertising committee to boost Omaha is to be selected with gTeat care, and It Is expected to devise unique means of car rying the fame of the Gate City Into every otty and Tillage and every mining, lumber DR. HERRING HOME ON VISIT Retnras from East to Preach Fare wells and Will Take f Family Back. Rev. H. C. Herring, D. D., who was re cently elected general secretary of the Home Missionary society, returned to Omaha Friday for a ten days' visit and will preach for the next two Sundays at the First Congregational church. Dr. Herring attended a meeting of the trustees of the church at the Commercial club rooms Fri day noon, when the subject of a successor to Dr. Herring was considered. No de cision was reached,' "I took up my new duties February 1 t New York," said Dr. Herring, "and expect to return In ten days for permanency. The Home Missionary society has missionaries In forty-two states and territories and has over 3,000 churches and preaching points under its direction, over which I will have general supervision. Three other secreta ries will assist me In the work. 'Fourteen of the states are self-support ing and self-governing, but are constituent parts of our organisation and contribute to It. Our annual receipts are about $600,000. We now have especially in mind to push our work among the immigrants coming to the United States at the rate of about 1,000,000 a year, for we believe more effort should be expended In looking after them. They are future cltlsens and become a part of this great country when they arrive. We now have over 300 foreign ' speaking churches, but expect to further push this branch oX the work." Dr. Herring said his, new position would koep him on the road about one-quarter of the time and the rest of his work would be in the New York office. SPEAKERS FOR CLUB FUNCTION Jaeob Gould Scharmaa and Others Famed Will Attend Washington ' Birthday Dinner. f The annual Washington birthday dinner of the Omaha club will be given at 8:30 Friday evening, February 22. The affair will be confined exclusively to members of the club and specially invited guests. These latter will Include Dr. Jacob Gould Schur man, president of Cornell university; James Hamilton Lewis, corporation , counsel of Chicago, and Charles A. Dickson of Sioux City. They will be the speakers of the evening. John N. Baldwin, general so licitor for the Union Pacific, will preside. The event promises to be one of the most elaborate yet given by the Omaha club. Window glass to the traoa at liberal re duction from regular price. Kennard Glass and Paint company, Uth and Dodge. 1 S tpPMIDPl-l I EXTRA SPECIAL DIG BARGAINS SATURDAY 8 !.SdKid Gloves 59c BLACKS-WHITES-COLORS These gloves are all well known brands and many are real kid some eight button black Mousquetaires in one and two clasp effects al the leading street and evening shades some of these gloves have slight imperfections but you would probably never notice them. To make Saturday a big bar gain day we will spread them on big bargain square Gloves that are werth $1.00 and $1.25, at Big Sale of Very Fine Quality HANDKERCHIEFS Ladies' and men's fine sheer pure .Irish linen effects with 'it If 59c 9 Worth 31 up to BrFTsfcy w lssrsWwfwTlirwTsW VfjsT E5c5S8 hand embroidered initials. These are 50c handkerchiefs everywhere in' America some extra sizes some are S plaids and woven borders aa St - score of styles t? sfcftftrAfrAsal winrWwWiwwi'tssrwswn-ttivww 35c so. HOSIERY at 15c For Ladies, Men, Boys cvrtd Girls. In fancy lisle, plain silk mercer ized, etc. in fast black and tan and one hundred fancy color de signs many with double soles, also lace and drop F tUL stitch effects mm RIBBONS Bargain square of the prettiest new lots of ribbon, In all colors Dresdene and 'silk taffetas variety of widths l IP and designs, at. . .lUC'lJC HSc fir NECKWEAR Japanese hand drawn work col lars soft laoe etocks, daintiest of turnovers a good big bargain at. 15c Specials ii the Wall Paper Department You can save 60 per cent of the cost of your wall paper by buy ing here. The latest and best colorings manufactured, at astonishingly low prices. I Handsome two-tone pa- .Store and hall papers, In best color ings at, The finest Imported wall papers, worth up to (tic rou, Saturday only. at, rou. 25c pers. the 30o to 40c kind, Saturday only, at, roll 16c roll. 6c OMAHA Saturday at the Big . Sale on Main Floor Men's 110.00 suits, $4.85. Men's $20.00 suits, 19.90. Men's pants, worth up to 12. M, your choice $1.15. Men's pants, worth up to $3.50, your plrk $1.90. rants worth up to $6.50, your choice $2.98. President suspenders, all the late patterns to choose from, 39c. Shaw knit hone, 20c. All kinds of odds and ends in shirts. Including- shirts with 'or without collars, nealliree, stiff bosom, also white shirts, take your choice, 25c. Men's fine cashmere hose, worth 2Gc and 35o, your choice, 16c; this is the bio-Rent men's hose bargain ever offered In Omaha. On 2d Floor Men's genuine cravenette coats, $4.88. Extra good cravenettes reduced to $7.60. OvereoRts worth $15.00 and $18.00, reduced to $8.75. Men's fur coats, $7.90. Boys' knee pants, 19c. All wool underwesr for big boys, 45c. Windsor silk ties, 15o. Boys' knee pants suits reduced from $1.98 to 98c to close them out quick. Odd coats for boys from 12 to 15 years, 48c. Boys' good odd vests 10c. All kinds of boys shirts, worth up to 75c, your choice, 26c. Boys' black long hnse, 9c Boys' heavy black wool sweaters, 39c In Basement Heavy blue overalls, 39c. Black sateen shirts, 39c. Men's covert duck coats reduced to 98c. Heavy fleece lined undershirts, 25o. Men's shoes In sizes 6 and 7, at 9Sc. Men's leather gloves, 16c. Heavy canvas gaunt lets with leatherette cuffs, 5c. Men's heavy cotton sweaters, 2Dc. Men's working sus penders, Ec. Men's $3.00 shoes, $1.98. Men's heavy corduroy coats, blanket lined, large collars, $1.98, etc ' GUARANTEE CLOTHING CO., 1519-1521 Douglas St. FRY SHOE CO. LAST DAY of the BIG SnOE SALE Don't Fail to Come Tomorrow, SATURDAY Get One of the GOOD BARGAINS in GOOD SHOES that everybody has beer; getting here. . Bargains for Men'. ' Bargains for Women, . Bargains for Girls. Don't miss this best chance for a real shoe bargain. REMEMBER Tomorrow, Saturday. 16th and Douglas Strtets ! ES jij oiuut rnn rooo cxvtxb j Saturday Specials 2,000 pounds Pork Loins at, lb..l0Ho n ttugar Cured Hams, 10 to 13 lbs. Is. average, per lb If He t! From I p. m. to 4 p. m. we will sell . i? Pure Pork Sausage, made while . you wait, at, per lb So U Ieaf Lard, per lb 9o 3? ah ainus or ruuury at wnoiosaie 9 1 1 The finest I sounds for a dnllnr t : V Coffee sold In Omaha. tjs U Saturday we present to each pur- ?5 !! rhaaer of a dollar's worth of this I. .. ........ . .... . . i . v wui i.v i, .nil Puser's Vanilla absolutely rEI. This vanilla Is used by the United ti Biaies government, which Is a guar- antee of Its quality and flavor. Alo i'l Is It Quality You Want? 9 prices. Ankola, J&va and Mocha given with 1 lb. of our Basket Fired U Japan Tea, per lb aoc 55 i ry i nie Tea. It's Fine. tii Other Specials for Saturday C U I.envma, per dosen JOo S Svuumry xtoil Duller, per ID B30 f Strained Honey, per Jar ...Oo 5 U IIU Pli-kles, per dosen... lOo 9 U Pure Maple Susar. id isn n W Crarknella. per lb loo U X Pretiels, per lb fi. g ' Saturday S With each purchase of a dollar or X Q more of our own bottling Wines and M G I.Kjuors we will present, sratl, a 0e p B ttle of our Family Port or Sherry Ponrtney & Co, n Tel. Dooglaa 647. Private Excaae R 12 CfiUMtj All n.n.-tn,An,a . a 4 J7J7 fl7 nmm Brands are Pure L il 7f - 3 1 1 ts Hiller'a Whlsldea KOc. Sl.OO. 1.25 o. i n - K HtLffROil Per Full Quart. IS . 41 II1T1,,-.'- VUk Winua V. .JI m ......... J. fcttltjori"- rA B,lcfr niLLER'S sb r YMBAtanaffjUa U4L, . . Per Quart. 85c, 60c, 75c It Mast Good 1309 Farnam We Deliver Promptly. BAILEY MACH DENTISTS Third FUor, Paxtort Block Highest Grade Dentistry Busiivesa Boosters Try ti Want Oolomria) of Tbs) SCHOOLS AID COLLAGES. DELLEVUE COLLEGE tolXB.aV Cl&aalctl. eclaatiSe, BklleaaaHMI ACA,LiiY Am aocMdita Hsfe ectaui r fc.it. ua ar any otSur oolia av aulvafaii. VGHMAU SCHOOL EUaMOCaO a e4l ceurtae. Canlocataa saalaS CGNsfcHVAToKT TfcorT at stasia, aUaet vloUo. alociutoa aas an. OMAHA coMMaCTluMS aiantrta Una ae Bulla f Ua rallvajf. 'ev Muaara DanallartM. aaaiaaa f raar.aat Vakmu. rffardlyk r-SlSDodgesS--, $1 Pictures oi Sale Saturday at 25 c each A beautiful line of pic tures, Including Christy heads carbon, etc. etc., framed complete. .Get ready for Washing ton's Birthday. We have silk flagi. all sizes. 5 to $1.9g. Hattheta. bells, for decorations. etc., BUSY- I ffiOYS I Need Strong Shoes Most boys are busy from morn ing till night, and they don't ride on street cars, either they walk. Cheap shoes are a poor Invest ment for boys' wear the best are none too good for them. Don't try to economize on your boys' shoes. X good boys' shoe, such as our SPECIAL. STKEL SHOD, will outwear two pairs of the or dinary shoes sold for boys' wear. Unequalled Clothing Bargains Evtrr Garment Shows Highest Quality Boys' sizes, 2M to Youths' sizes, 1 to 2 . , $2.50 $2.25 Little gent's sizes, 10 hi to 13 $2.00 Every pair guaranteed to be sat isfactory or money back. ' Drexel Shoe Co. 1419 Farnam St. SATISFYING DENTISTRY Dental work that you can pay for with a feeling I hut you are getting your money's worth. That's our kind. Satisfying to you and us. Killing 7 5c, and np. Crowns 22 K $.VOO TAFT'S DENTAL ROOMS 1617 ouglaa Streak llllti miEudS THl RtUABtl tTOWl Every Price Spells Keenest Economy It Requires Good Quality 1 kLfel Ml i "Worsteds, Cheviots to $4 pair on sale $1.95 and , It requires good fctj'lo. It requires low price. All three constitute a real Clothing bargain. It's easy to get good style and quality at a' good price, poor stylo and poor quality at a low price, but good style and good quality at a low price is the combination usually hanl to find. You'll never find it better shown than in the Feb ruary Clearance of Men's and Boys' Clothing1. MEN'S SUITS In complete assortment of styles and sizes that would sell regularly nt $10 to $20, now on sale to close out in three lots, at $5, 7.50 and $10 Boys' Knee Pants Suits In all newest styles and materials well made, neatly trimmed worth regularly, up to $5.00, on Bale in three lots at, $1.50, $1.95 and $2.50 Men's Odd Pants Clean up of a manufacturer's stock. Fancy and Cassimeres, worth in a regular way up Saturdav, in 3 great lots at, imir, 95S $2.50 LOW ONE-WAY RATES VIA union pacific FROM EVERY DAY MARCH 1 to APRIL 80, 100T $25.00 $25.00 $25.00 $25.00 $22.50 $20.00 $20.00 to Ban Francisco, Lot Angeles, San Diego and many other California points. to Everett, Falrhayen. Whatcom, Vancouver and Victoria, To Portland, Astoria, Ta coma and Seattle, to Ashland, Roseburg, Eo gene, Albany and Salem. Including So. Pac. brancB lines In Oregon. to Spokane and interme diate O. R. & N. points t Wenatchee and intermedi ate points. to Butte, Anaconda, Bel en a and all Intermediate main line points, to Ogden and Salt L&k City and Intermediate main line points. Low Colonlwt one-way rates, also la effect to many points In Nebraska, Kan sas, Colorado and Wyoming, February 19 and every Tuesday In March and April. For full information inquire at CITY TICKET OFFICE, 1824 FARNAM HT. Phone Douglas 834. o you want a good office in the best office building in the city of Omahat If you are looking for a medium, sized room with a vault, near the elevator, then come to The Bee Building v "We have two such offices as mentioned above for rent, and they are reasonable in price. Ask our superintendent, in room 418, to show you rooms numbered 501 and 623. If they are not entirely , satisfactory you might rent one of them until more desirable space becomes available. , Isn't it a better business proposition to ask your clients to call at your office in a well appointed office building, whore you can give them a pleasure, ' besides the comforts f a well provided offieet Aren't your papers and valuable books more safe in a strictly fire proof building! Ws furnish electric light and Janitor service free of charge. The Bee Building Co.