The Omaha Daily Bee VOL. XXX VII NO. 115. OMAIIA, "WEDNESDAY MORNING, OCTOBER 00, 1907 TWELVE PAGES. SINGLE COPY TWO CENTS. I BIG. BALANCE AWD tnormoui Export! of St 'rJ?,r IP Clanry financial auuak iWSTt MILLIONS ARE flow of Gold from Europe May Brea All Records. DATS EVENTS ARE FAVORABLE Brokers Refuse to Make Deals Except on Cash Basis. fcARGE BANKS GAIN IN DEPOSITS Mmnf tkat Wa la Institution that Wn Under Suspicion Again Available foe Basiaea Call Money Lower. KBW YORK. Oct. a The enormous In fluence which American product are. ex erting on the building up of credit balance abroad has .been the most signal develop ment of the financial situation today. Re porta from all quartern show that the great American staple wheat, cotton, copper, tobacco, oil, meats are on their way to Europe, this being the season of the year when American products are marketed abroad. The immediate effect of these shipments Is to give the United States credit abroad which can be speedily con verted Into cash. These natural resources cf the country promise to exert even greater Influence than the sale of American securities abroad. The latter have to some extent suffered discredit under recent pres sure, but the Intrinsic value of American staples used abroad and their colossal ag gregate at this period of the year Is be ' j-ond the reach of financial distrust. Th foreign sales of millions of American copper yesterday were supplemented today by reports of similar heavy export, today's shipments alone giving a foreign credit of Sl'4.000,000. Tlio shipments of tobacco to Europe this year promise to break all rec ords. Officials of the American Tobacco company estimate that the year's exports will exceed 60,000,000 pounds of manufac tuted tobacco, which Is far In excess of the amount exported last year. Europe will pay over $l"0,0CO,000 for this tobacco, and much of this money will soon be avail able In this market, as the contracts with European Importers call for Immediate pay ment on delivery. Shipments of tobacco to -tv. win tu-Kln in November and De cember. Reports from the south show that the cotton crop Is moving toward iurope, while the west is sending grain and meat products In the same direction. More Gold Ena-aaed. Several favorable events marked the closo nf the flnnnelul day In New York. The en gagement of AWiO.OOO in gold by the First . - . . i tM rfwirt V... . National bank or tjnicago anu ui j -r. v.i..b krnnihi the total cold en- ' gage-1 for the week close to S30.OUO.000, in spite of the cancellation or an oraer or S900.MQ by tle RussO-Chlnese bank upon jtho ground that tho .amount .engagco, .Wrt. necessities.' The raining of the Oer 'man rate of discount In order to prevent Amorlou from drawing German gold pro luia little effect 011 the situation, as none of the gold engagements thus far have been made In Germany and most of those antici pated were from other European money - tnarkntS. Vhll money at the stock exchanges was loaned during most of the day at high r.i. It tell near the close to per cent .,flw of several million dollars at that rato being made by a number of leading barJts. larire Banks Gala Deposits Comparative calm reigned among New York bankers. They all reallxod tnat tne nreaaiira for money was not over, but they felt generally that unreasoning- panlo was at an end, that they would be ablo to meet ail reasonable demands lor currency. Thaeai demands are coming In considerable mount from the west and south In order to obtain money to move crops, and It. la feared that the sections where the move ment Is largest may be more or less hampered In their efforts to retain Tunas The Ken era 1 refusal to pay cash for hoard- inn. In the west and south as well as In New York. It is believed will prevent tho undue absorption of currency and permit the employment of what is available in the most effective manner. The largo banks of this city are gaining deposits from tho banks which have been under suspicion and this lends in a measure to concentrate money where it con be used most effeo tlvelv. hut on the other hand It created debit balances at tha clearing house against the banks which are losing deposits, wiiietv are not always easy for them to meet without sharply curtailing their loans, even with the assistance of clearing house cer titles tea. ' Runs upon the banks are practically over. 1 -arsons who D resent laraa checks and ask for their payment In currency are Invited la ronsult the bank officials. In - cases where their need for currency is evidently legitimate they usually receive It. In ruses whure It Is souaht for hoardlna- they are usually convinced that money is better off in tha banks or mat they should accept -rtlfled checks for dcuoult cWwhert. The arrival of nearly fJU.OOO.OOO In gold. It la believed, will considerably relieve the situation and perhaps make rail money a little lower 011 the Stock exehanre. 'Ilia decline In stocks today was generally attributed to the continued scarcity of monev for speculative rjurDosea. the r-fuaal of brokers to make transactions except for casn ana me aDxenee 01 ouying interests under present disturbed conditions. o More Failures. Aside from the satisfactory local con. II tlona. renorts from all tiointa showed a fa. vorablo tendency. In New England there waa "to sign of serious unrest, and the re cent iglat urbane In Rhode Island is nractl cally over. No failure waa recorded at any point throughout the country. It should be burn in mind In tills connection that there are over II.60O banks in the I'ntled States and that the number of Institutions which have recently failed la of insignificant pro Dortlona as comrjaiwd mlllt this total. It waa pointed out today that the failure of a minor bank la Immediately known from Jftlld to ind of lli. noiltitn whAw.i fHtt nnk. Ilo overlook the fact that some 12.600 banks are open lor business ana that no Import ant una-s anywner nave snown in si 111 1 eat Siena of unaoundnea. On the whole tha hank In r mimmnnltv take a favorable view or the outlook and Is practically encouraged by tha large credit secured through enormous shipments of American prouuets Tlte subtreasury today transferred fo banks tCW,X.O la currency to titan Kraoclsc ICotituiued on Second Page.) SUMMARY OF THE DEE Wednesday, October 30, 11107. 1007 UN M0 OCTOBER 190? wis two ret sat 2 3 4 5 9 10 II 12 16 17 18 19 23 24 25 2G 30 31 1 I. 8 , 14 TXB wEATntrnv. FOR OMAIIA. COUNCIL BLUFFS AND VICINITY Fair and colder Wednesday. FOR NEBHA8KA-Generally fair Wed nesday. FOK IOWA Threatening, with showers In east portion Wednesday; colder In west portion Wednesday Trtuprratore at Omaha 1 Hour. 6 a. m ' S a. m 7 a. m S a. m t a. m 10 a. m 11 a. m 12 m 1 p. m 2 p. m 3 p. m..,.. Deg. .... 4 .... 47 .... 48 .... 48 .... 48 .... 47 .... 48 .... 47 .... tt .... 46 .... 47 DOMESTIC. United States Steel company declared ts usual dividend. The report of Chair man Gary shows large orders on books and the demand for steel) and Iron con stantly Increasing. Pago 1 The German bank's rate of discount was rained 1 per cent, but business conditions In the east are resuming the normal, with the exception of precautions taken against payment of currency. Im portatlons of gold have been heavy and deposits of the government In banks heavier than at any business crisis be fore. Holidays were declared In Oregon for tha balance of the week. Washington banks declare they have felt no effects whatever of the stringency. Fag 1 Pennsylvania railroad denies rumor that It la about to lay off a large number of railroad hands. Pugs 1 Kaiser Wllhelm der Grosse went half way across the Atlantic without a rudder n a stormy sea. Pag 1 Federal Judge W. W. Morrow of the United Slates circuit court in San Fran cisco holds that the act 'of the Southern Pacific road In disposing of laud to which patents have been recalled is wrongful. Par 1 Judge Grosscup has been indicted by the grand Jury at Charleston, 111., as a director of the Mattoon Interurban road, on which a naccldent recently occurred with many deaths. Pag 1 Inspector general stands by the action of the board In suspending the certificate of First Mate Hendrlcksnn, in charge of the. San Pedro, which collided with the Columbia. Para 1 Black Hand In Brooklyn kills a member who-failed at task of murder assigned him. Jar 1 poBxxair. Editor Harden of Die Zukunft has been cleared of liability in the libel action brought by General von Moltke. .. Pag. I Chinese government has deolded to start government newspaper in various provinces to combat the revolutionary spirit. ag 1 Secretary Taft makes a long trip to In spect new mines in the Philippines. i- Pag 1 King Alfonso had a narrow escape from Injury In a railway accident at Cher bourg. rag 1 TXBBASKA. Nebraska Railroad commission fixes November 8 as date of hearing on re quest of railroads for Increased switching charges In Omaha. Pag 3 Republican committee meets and hears reports from over the state. Everything iooks lavorable. Sheriff McDonald of Douglas county slow to let go of the Jail grart. Fas a IOCAX. Doings of the Omaha social world. Tag's 5 Union Pacific road orders usual curtail ment of work for the fall and winter season, but this has nothing whatever to do with the financial situation. Par 1 uosnip in the local political field. Pag 1 Packers Insist the wholesale price of meats have been reduced and the retail butcher are as Insistent such is not the fact pur, a J. H. Millard and other Omaha bank ers see an early termination of the pres eni nnanciai condition assured. Omaha banks ship cashiers' checks to country currerpnnurnis in rexponse to requests ror currency. Par 1 MOTIMISTS OP OCBAB STEAMSHIPS. Port. Arrived. Sailed. NKW YORK . . NAFLKS MAHSKILLRS MAHSKIIXES HOTTKHDAM Minnehaha CarpaitiU ' ralat.r'i, IHadonna. Potadara CHRIttTlA.NS'D . C. t. Tleijao. MAVRB CIlKMBlltRli PI.TMOt TH liKKMKN ... JON1KIN .... GIBRALTAR Laflttrogne. 61. Loula. Prealdvot Grant. Trove. Mlnnetonka Kanlg Albart ADAMS' TRIAL MOVES SLOWLY Kla-aty Talesmen Examined Without Secnrina; Twelfth Man for Jury. KATHDRl'M. Idaho, Oct. 29. In the trial of Steve Adams, member of the Western Federation of Miners, charged with th murder of Fred Taylor, , a settler, little progress was made today In securing a Jury. When court adjourned Friday there were eleven Jnrors in the box. Since than eighty talesmen have been subpoenaed and from this not one n selected to fill the punel. The stale had completed its ex aminatlon for cause and the defense had exumlned three when the court today took recess. J. II. Uawley, chief counsel for the state, has not yet arrived. Clarence Darrow chief counsel for the defense. Is also ab sent, but both are expected at once. It Is stated that Governor Gooding will be present during the trial. Warden Whit ney of the state prison arrived today Thus far only half a doxen witnesses have reported. PENNSYLVANIA DENIES RUMOR Utah Officials nectar They T.-r Contemplated l.arlaa Off Many Men. ' , illlUADELPHIA, Oct. J.-Rumor that th Iehiisylvanla railroad would lay off between 20.000 and JO, "00 men was today denied by high officials of tha company The following statement was given out: Titer is no truth in the statem-nkethat "O.rtO men ar to diwliarsed by th tnn 1 snla Kallrosd company. Nothing aw "- evr naan uouiem Ulal ad. DIVIDEND ON STEEL STOCK Annual Report Shows Big Corporation ii Prosperous. DEMAND CONSTANTLY GROWING Infilled Orders on Hand About Six Million Tons Prices Are Well ' Maintained, bat. Are Tiot High. NEW YORK, Oct. S9. The directors rf the United States Steel corporation today declared the regular quarterly dividend of 1H per cent on preferred and 1 per cent on common. Chairman E. H. Gary made a statement to tho board of directors of the corpora tion, in which he said: On June 30. lfc7. our company had on hand untitled orders aggregating 7.60.1.878 ons. Jn September this tonnage had been decreased to '". 426,008 tons. This has since been decreased by about 400.0HO tons. Bookings are now at the rato of 18.UI0 tons per dayt We are exporting at the rate f about 1,000.000 tons per year and at prices substantially on a parity with domestic prices. From Information received Ifls believed he demand for our products has during he last few years been constantly Increas- ng and that the present necessities are very great. Frioes hsve been well maintained. The eading steel manufacturers are in frequent consultation, though under no esreement concerning their business Interests. It seems to be a recognised fact that stability of prices Is to be desired by both the pro ducer and the consumer; that extremely nign prices and extremely low prices are both objectionable. hlnce the corporation was nrcantze.d in sdditlon to the payment of dividends and Interest, there has been provided from earnings a reserve for extinguishment of capital of 179, 161). ftio, and there bus been added to the assets from the same source $M8.180.OPO, which Includes Investments In additional fixed proiierty of S112.8FiO.000; ad ditional fixed property represented bv securities created and held In the treasury as salable assets, t8,400,W0; unquid assets on hand, $104,930,000. The total assets of the organization on October 1, 1907, amounted to J331,6H6,000. cash In banks being S75,973,0u0. Taxes Accrued Interest and Dividend. The current liabilities. Including accrued taxes, acwued Interest and the dlvli'end for the last quarter, he said, were !B,187,O0O. Mr. Gary added: When the cornoratlnn waa nrrinlirit anh. sldlary companies had outstanding un secured notes and bills of $42,000,000, All of these except $1,047,000 have been paid. The latter amount represents deposits of employes under a saving account arrange ment. Upon eomnleUon of the new work m under way the productive capacity of the manufacturing plants will be materially Increased. Up to January 1, J907, the average Increase already amounted to 44.33 per cent. There has been reseeveil a nil ot ..i.i. A date funds for the Gary plant In Indiana niiiTia amounting to $18,000,000, of which $18,538,000 has already been expanded, leav ing on hand ifor that purpose th sum of $.10,641,000. JUDGE GROSSCUP INDICTED Federal Official of Chicago Held as Director of Mattoon Internrvan. . CHARLESTON, 111.. Oct. 29.-8even bench warrants were- Issued today for the arrest of official and employe of. the Mattoon City Railway company, operating the Charleston and Mattoon interurban line, as a result of a wreck near this city Inst August in which eighteen passengers were killed. Judge Peter 8. Grosscup of the United States circuit court at Chicago Is among those Indicted. The others are Director Underwood, Sampsell , and Rose of Chicago; President Potter, superintend ent Moore and Motorman Botts. Motorman McClara, who, as alleged by the company, waa responsible for tho accident by run ning an express car between stations with out orders, has not been indicted. CHICAGO, Oct. 29. Judge Grosscup waa Informed of his Indictment Just as ho was about to take th bench for the afternoon term of court. He said: ; "Thia thing hurts. My friends, 1 am sure. know that I have a tender regard for human life and sufferings, and I desire to deal Justly with all men. I can only say that the accident waa due solely to a human error in carrying out orders and that my sole connection with It la that I was a director of the company at that time." ITALIAN DUEL STARTS FIGHT One Maa Fatally Wounded and Sev- Othere Injnred la Fight at (hlcaaro. CHICAGO, Oct., 29.-One man was shot fatally and several other wounded, and twelve' arrested at Halsted and Taylor streets where about 600 Italians were en gaged in a fight. The fight originated In a duel between two Italians, between whom a fued had existed. Speclalo was shot .twice and will die. The friends of both men Joined In th melee and in a shorttlme a free for an nght was in progress. The street car lines were blocked, and it re quired twenty policemen to finally restor ordsr. WRONGFUL SALE OF LAND Federal Jada-e Rules on Act of oath ern Faclae In Disposing of ItoLdlnaa. BAN FRANCISCO. Oct. .-An opinion waa handed down today by Judge W. W. Morrow in the United State circuit court, holding that It is unlawful for railroads to sell land to which patents hav been wrongfully Issued or recalled. Th case was that of th United State against the Southern Pacific company to recover the rice of land to which patents had been recalled and which had been sold by th Southern Pacific to Innocent purchasers. MATE'S LICENSE IS "REVOKED Inspector General I hlrr Stands !'r Action la Colambla Wreck r... WASHINGTON. Oct. 29.-8upervlslng In spector Oeneral Uhler of the steamboat Inspector service has sustained the action of the supervisor of the first district in revoking the license of First Mate B. Hen drlkson. In charge of the steamer Ban Pedro, when It collided with the steamer Columbia on th Pacific in July last. CENTRAL OPERATORS RAISED Wlra Men aad Clerk oa Branch Haa! Are Given aa Iaereaa la WtM. , DUNKIRK. N. Y.. Oct. 2J.-Telegraph operators and clerks of Dunkirk, Allegheny Valley aV Pittsburg railroad were notified today that an increase of from 8J to $15 per month had been granted them, ef fective at once. The road la a oax of the New York Central lln. CITY GOOD FIRE FIGHTER Omaha's Parllltle Arc rresosserd b- Examiner to Bo Above v the Averaa-e. The committee of the National Board of Fire Underwriters which Is Inspecting the fire fighting abilities of Omaha and the state of risks In the city has nearly com pleted Its work on the Omaha water- sys tem. Two of the member of the commit tee, who do not desire their names men tioned until their report lias been made public in New York, declare that Omaha has greater fncilitle for placing water on fires In the business part of town than any city of its slie In the XTnited States, and that with one exception its power In this respect Is not limited to cities of Its own class. 'Ovaha can center eighty lines of hose on any hcge Iri the business center, as far as water supply is concerned," said one of the inspectors, "and everyone of the eighty lines would be effective. Tills, of course, is beyond the power of the fire department and such n avalanche-of water .would never be needed, but It Is possible." Tests made m th block surrounding the city hall showed that with six hydrants opened at one time a flow of 18.000 gallons of water per minute waa .thrown and a force of fifty-seven pounds presstye still shown at tho hydrants. On the block In which the federal building Is located and 0110 block east of It six hydrant were opened, SO.000 gallons of water a mlnuto thrown and the pressure held at seventy three and a half pounds pressure. "The one thing necessary to make the Omaha plant an Ideal one." said the In spector," 1s a duplicate main from the pumping station at Florence to Omaha. Tho town should not depend upon one main line from the pumping station. Of course, there are minor matters which need attention, but In the main there Is no better water 'service for fire fighting in America than that at Omaha. The com pany has everything In first-class shape and seem to keep the plant up In every way. As far as we can learn, the pipes are not suffering- from electrolosls, but an inspection to exactly determine this Would require two months. ' - UTE SCARE PASSING OVER Indian Do "Sot Arouse the Fear at the Army Officer la Toneh. Major F. W. Sibley, with the econd squadron of the Second United 8tates cav alry, arrived at Gettysburg, 8. D., Monday and crossed the Missouri river eighteen miles west of that point Monday night Gettysburg is the railroad terminal nearest the Cheyenne River reservation. . The point of disturbance is eighty miles west of the Cheyenne agency, which is located on the Missouri river eighteen miles west of Get tysburg. There ts a small agency house in tho western part of the reservation near where the Utes have been established. It is expected at 'local army headquarter that Major Sibley and his command will reach the scene of alleged trouble Thurs day. A supply depot haa been established at Gettysburg, which la in charge of Lieu tenant F. E. Sldmaa and fifteen men of the Second cavalry. There ts no present inten tion of sending other troops to th scene, as from latest advicji reeelved from Major Sibley the situation Is well In band. - The Intention is to require the Utes to go back onto the part of the Cheyenne reservation assigned to them at their own request last spring. Lieutenant Oscar Foley of the Sixth cav alry, who was at Fort Meade last winter while the Utes were being kept and fed there, ts a visitor at army headquarters on leave. "I do not apprehend any trouble from the Utes," ho says. "It looks to me much as if all they were after Is to get back to Fort Meade, that tliay may be fed and quartered for the winter by the government. They did not do a thing all last winter but lay around cump and get fat-at the gov ernment expense and they want to repeat the experiment." LUTHER LEAGUE TO MEET HERE I Dclewatc front Three Counties to Come Friday for Three-Day Sessloa. The Omaha District Luther league, com prising six local organizations In Douglas, Washington and Burt counties, will hold Its unnuul meeting In Omaha Friday, Sat urday and Sunday, October 80 and Novem ber 1 and 2. Tho sessions will be held In the Zion Swedish Lutheran church, Thirty sixth and Lafayette streets. About fifty delegates are expected and the meeting will be Increased by the presence of the mis sion board of the district, which will be in session here at the same time. The session- Friday night will consist of a concert by local talent. Including a chorus of 100 voices under the leadership of John Helgren, who Is also president of the district league. Saturday morning the business Beaslon will-be held and reports and elec tion of officers will be the principal busi ness. Th afternoon will be taken up with dlsoussions of topics of interest to young people. Sunday morning a special service will be held In the churches and in tho afternoon the young peoples' program will be rendered, with representatives from the various local societies. . The meeting will close Bunday evening with a lecture on "The Reformation," by Rev. C. F. Sandahl of Oakland and an ad dress by Rev. Adolf Hull on "Living Lu tlieranism Among Lutheran Young People." BLACK HAND KILLS MEMBER Murder Resulted from Failnro io Carry Out Dynamite Tasa: Given Him. NEW YORK, Oc t., 29. Because he failed to carry out an errand of vengeance, ' Vito Grelnuldl, a m--mber of the Black Hand society, was stabbed to death by members of his own band today on Knoll atreet, Brooklyn. A dynamite bomb was found secreted beneath Grelnaldt's coat which the police say would have blown up an entire house. A loaded revolver was found in his pocket. Papers found on the dead man proved that Grelnaldl waa a member .of the Black Hand and had atarted to dynamite a man's home who had refused to pay tribute to th society. Detectives ssy that members of the Black Hand followea Grenaldl on his mission and when he failed at bis task, they killed him. A stllletto lay nesr Grenaldi's body. Philippine Wteraa at Washlaa-a. WASHINGTON, Oct. .-Waller Scott Hale, national commander-in-chief of the Spanish war veterans, and hi staff were received by President Roosevelt today. Embeaslemcnt I th Chnrge. SAN FRANCISCO, Oct. .-Hsrry Klein, aclon of a wealthy New York banker, who 'a accused of embexslement of 11. JO from the Swtrt Packing company, waa errealed last night In Bant a Kosa and will be brought back to this city. M0I1LER LAYS OFF WORKMEN Union Pacific) Lets Improvement Forces Go for the Winter. OTHER ROADS KEEP AT WORK General Manager Walter Say His Company I Too Busy to Stop for Retrenchment Policy No w. Tuesday morning Vic President and Gen eral Manager Mohler announced that all work "not absolutely necessary" at present would be stopped. When asked how many men would be affected by his order he said b did not know, but tho number would be large. ' Mr. Mohler said there is a lot of un necessary talk over the reduction In track forces, which necessarily takes place at thl season of the year on accint of th shorter hours and cold weather. 'We ar doing an exceedingly -large amount of Improvement work and have put our property In tho best physical con dition it ha ever known. Therefore the opportunity for reducing forces earlier than usual haa been acted upon. ojhd. on account of the present national conditions, unquestionably, a wrong motive ha been applied. We are only doing that which comes from natural conditions and In line with the general practice of all railroads at this season of the year. We are con tinuing all improvement work which can be done to advantage and which we can utilise, and work which cannot be carried on at normal expense will be discon tinued." Greek Flock to Tovrn. "The first Intimation Omaha had of that move was Tuesday morning, when th Greeks and other laborer who have boen at work on the Lan cut-off began flock ing Into Omaha, out of work. The entire work on th cut-off wa stopped abruptly Tuesday morning. Mr. Mohler sold h had decided to lay off all men engaged Jn new work all along the system, which will include the grading outfits at Lane cut-off, the work In Kansas and Nebraska and Colorado, all engineer ing gangs which are In the field and all men engaged In the double-track work. While Mr. Mohler would not estimate the number of men. another official said the number probably would bo between 2,000 and S.000 between now and tho first of tha month. Mr. Mohler said It had not been decided a yet to lay off any of the shops force. Employes In tho operating department are not as yet affected and will not be until the occasion demands. Shipments of live stock and grain are falling off materially ni th:: haa a-lven the road an opportunity to) jelean up some of the congested places which have been somewhat blocked necause of the new work which has been in prog ress along the line. This ha put the road In about normal condition as far as traffic 1 concerned. Northwestern Too Busy. dnarat Maninr Frank Walters of the Northwestern lines west of the Missouri river was asked if ho had made -any mov looking toward retrenchment and hi reply wa most expreslv and to th point wnen he said: - " " ' No, lr, we're too busy: haven't tlm to lay off any men." Heneral Manasrer Holdrege of the Bur lington said that nothing had'been done by htm In the way of retrenchment, although a few track men had been recently laid off aiona- the line as was done every autumn when the forces were put on a winter basis. "All the new work we started this spring ! nrar-tlcallv romnleted." said Mr. Hol drege, "except the work on the Llncoln- MUford line, which is nearing completion. W hav msde no move of any kind with tho idea of retrenching." The employes of the Union Pacific head quarters will be paid the same as usual BVMnv with checks which will be cashed as usual at the office of the local treas urer, so the employes will have the cash for their work and not be bothered with checks on which they might have difficulty in getting the money. Th Union Pacific road has arranged with nn nf Ih. Omaha, nat lonal banks whareby that bank will furnish the cash for the payment of the employes of the Union Pa cific shops in cash. RAILROADS GRASP OPPORTUNITY Quiet Stock Market Will Help Solve Car shortage In the West. That a few hours may make u vast dif ference to a large railroad os to It equipment was shown in Omaha Monday on the Burlington system. In the morn ing the demand for cars wa large dud the road was short tOO cars, but numer ous orders were cancelled when it was found the live stock market was down and the banks not paying out currency. Shortly after noon the road had all tho cars needed and cars to spare. Liliter business all along th lines of the large roads la expected becaufio of th short age of currency. Word was sent out to shippers Monday; to hold their stock and not aend It on to South Omaha, and this made a vast difference. Instead of some 300 cars of stock coming Into the yards as usual Tuesday morulng, 15 cars of live stock were received. The present trouble will have a tendency to allow the roads to clean up their tracks and prepare to handle the live stock and grain when it starts to move again. PROMPT DEM A I, I XKW YORK Curtailment of Force Due Solely to Season of Year. NEW YORK. Oct. 29. At the office tf the Union Pacific Railway company In this city there was a prompt denial of the accuracy of the telegram from Umah.-i announcing that all construction on tho entire system had been abandoned. It was said that a discharge of employes al ways took place on November 1, afttr the construction work of the summer was ended, because construction work in win ter was much more expensive, and that this year the number Of men discharged mas greater only because the amount of construct Idn work don during tha sum mer had been greater. No curtailment of business Is looked for, 'oat ratner an Increase. J. EDWARD BRADY IS IV HIDIXU Head of Merchants Refrigerating Company nt Kansas City. KANSAS CITY, Oct. i.-J. Edward Brady, president of the Merchants' Re frigerating company, which was placed In th hands of a receiver last week following hla mysterious disappearance, ts In Kan sas City in hiding, according to the state ment today of an attorney Interested In the cos. Brady, It I stated, is endeavor ing to arrange th affair of th company which ha liabilities of OuO.0(X nd will Mvn fac hi creditor,' EDITOR HARDEN WINS CASE Celebrated German I.tbel Action Goes Against General tob Moltk. BERLIN, Oct. 29. Maximilian Harden, editor of Dl Zukunft. was acquitted to day In the suit brought agalust him by General Count Kuno Von Moltke, for merly military governor of Berlin, for defamation of character. In addttlot General Moltke was condemned to bear the cost of the trial. The trial, which began October 2S, at tracted the greatest Interest in Oermany. Counsel for Harden charged that the court clique of which Von Moltk was a mem- , ber, was guilty of infamous practices and j also nad sought to exercise undue in fluence over Kmperor William. Th names of Trlnce Phillip Zu Eulenburg, ex-Gor man ambassador to Vienna, and Lieuten ant Governor William Von Hohenau, one of the emperor's adjutants, were men tioned by Harden a being member of the clique, referred to as th "round table," and en army officer who hnd served In the guard corps at Potsdam testified to having taken part in orgies' at th house of Major Count Lynar, which had resulted In the dismissal from the service in disgrace of the count. Harden Declined to Retract. Harden declined to withdraw anything he had written on the subject, but he said he did not accuse Von Moltk of crime. Justice Kern, tho presiding Judge, today made the verdict a asy for Von Moltke as was consistent with tho con clusions arrived at. He said Harden was Justified In what he had written but there was no evidence that Von Moltk had at any time acted upon abnormal inclina tions or that he knew what took place at Major Count Lynar' villa or of Lieuten ant General Hohenau' house. Harden, when tho verdict wa an nounced, wa cheered by the spectators present in court and by the large crowd of people waiting In the rain outside Von Moltke heard the verdict with lm passlveness. Tho trial is already having consider able political effect. One hundred and forty socialist dally newspaper ar at tacking tha monarchlal principle with studied fury, mocking, sneering savagely, and assailing the exotic conditions which have been described as "flourishing in the hot-house atmosphere of th court," where the sovereign Is surrounded, the socialists claim, with companions and councillors, the corruption of v. hone pri vate lives unfits them for their positions. ALFONSO HAS A CLOSE CALL Trala Leaves Rail at Chc'rbonra- aad the Royal Party Barely Escapes. CHERBOURG, France, Oct.. 29. The king of Spain had another close call from Injury or death this morning. As his train was arriving at Cherbourg it ran off the rails. The par'y escaped. LONDON. Oct. 29,-Tli king and queen of Spain arrived In London tonight. It was raining hard, but In tho' depressing weather their majesties were met at the station by member of th English royal family, and the Spanish ambassador to Great Britain, Senor Vail Urrutla. Th visitor drov at once to Kensington palaco, where they wJI reside until next Menday. They will- then visit King- -Edward and Queen Alexandra at Sandrlnghum. Tho London populace displayed the greatest. In terest tonight In the Infant son of tha Spanish king and queen. KAISER WILHELM'S HARD TRIP Greater Part of Voyage Across Atlaa tlo Was Mado Without Rnddov. PLYMOUTH, England, .Oct. 29.-Th North German Lloyd steamer. Kaiser Wll helm der Grosse, from New York, Oct. 22, for Bremen by way of Plymouth and Cher bourg, arrived here today and reported the loss of Its rudder when It waa two and a half days out from New York while a fierce ktorm was raging. It started the rest of, the distance to Plymouth. 1,750 miles, steered by its propeller alon. Its com mander. Captain Polack, was Incessantly on the bridge and did not' have any sleep until the steamer reached th English channel. By the delay of thirty hours tho passengers were In no way discommoded, and It left Plymouth for Cherbourg this afternoon without any assistance. TAFT INSPECTS NEW MINES Rides Over Precipitous Mountain Trail to Mako Visit to Working. BAGUIO, P. I.. Oct. 29. Secretary Taft rode to the American mines east of Bagulo today over a preclpltou mountain trail which drop 1,000 feet within a distance of four miles. He Inspected the Clarke mins and mill and the Laffan mill. Addressing the American miners, he said lie hoped to secure needful reforms in the mining law. The secretary will return to Manila on Tuesday. Dinner for General Porter. PARIS, Oct. 29. Ambassador Henry White gave a luncheon today In honor of ex-Ambassador General Horace Porter, who has been one of the representatives of America at The Hague peace conference. Among th guests were many of General Porter's 'former colleagues in the diplo matic servlco. New Composition by Beethoven. BERLIN. Oct. 29.-An interesting musical find la reported by tho Tageblatt. It con sists of eleven unknown dances by Bee thoven, composed in 1819 for friends form ing a musical society. Tha dances were found In a basement and will shortly be published. SEATTLE SOCIALISTS JAILED Mayor Declines to Allow Street Meet ing aad Send Speaker to Prison. SEATTLE. Wash.. Oct. 29-Elght social ists and a number of sympathizers Were ar rested here last night for speaking on th street, Th mayor said he would not allow the street meeting. The socialists' In turn hav secured about forty speakers and will continue the meetings. Last night they ware not permitted to speak' more than a sentence before being bundled Into th patrol wagon and sent to Jail. Fatally Injured la Ranawar. SIOUX FALLS. 8. D.. Oct, 19 (Special ) Charles Kersten, on of th pioneer residents of the southern part of Miner county, wa perhaps fatally Injured as the result of a runaway accident. Th ser vices and presence of a physician have been necessary ever since the accident. The Injured man thus far ha shown only slight Improvement and, at the best. It will be some tlm befor h is cntlrsl out of CHECKS SAME AS CASH When People Accept New Medium Money Statni Brightens. SAVINGS BANKS GIVE CERTIFICATE Every Dollar in Omaha Banki Now Available to Depositors. DIFFERENT MEANS OF PAYMENT Banks Not Wholly Dependent on Pre cautionary Measures Adopted. CASH RESOURCES ARE ADEQUATE Small Check and Draft Ar raid with Coin and w Cashier Check and Conditions Will 800a B 'ormal. So successful hav th bank of Omah been in retaining their cash and tli ab solute confidence of depositors, and so ad mirably has the clearing hous plan met every need In th local business world, that Omaha bank began Tuesday night shipping thlr country correspondent bundle of cashier' checks, for use aa cur rency. Evening clearing hoj meetings, which It was thought would be necessary, hav been called off. Members of the associa tion held a brief meeting at 4 o'clock Tuesday evening, to handle routine mat-, ters, and after the meeting adjourned It was announced that the country bank would now get relief, and not a single on of them, dependent on Omaha for money, will have to declare a holiday and sus pend payment altogether. When tho national banks which hav adopted the clearing house payment system opened for business Tuesday morning pay ment of check and draft wa made In cash and the new cashier's check In. de nominations of 15. 10 and 20, U PyW to bearer and good at any store In' th city of Omaha and for payment of debts. It Is these check wjilch will b shipped to the country Wednesday a Well as con tinue to meet the necessities of banking and trad U Omaha. Four shipment wer made by th Merchants National lata Tuesday evening, to country bsnk which were In urgent need of currency. , The slight Inconvenience which depositor In the City Savings bank experienced Mon day wa relieved by the Issuance of certifi cate for the amount needed by customer. The eertlttcate are accepted by the larger tores and places of burlness, which hav resources sufficient to carry them 1n place of the actual money or deposit them lu other banks and receive credit for them 6b account. y Clearing house certificate will b Issued only between banks for the settlement of balances, tho situation being so much bet ter that the bank do' not think it neces aary to use tho certificates for general cir culation, a at first planned. A the cashier' check are all payable ibrough tho clearing house, th entire cap- ' Ital and resource of tbs banks of Omaha, amounting to more than rta.390,000, guar- antees the payment uf the check. Assoclatloa Approve Policy The Clearing Hous association approved th Issuing of cashier's checks in small denominations after reviewing the business of th first day conducted under th Rw rule to pay nothing but small amount lu cash on a basts of 20 per cent of accounts of i&OO or less and not over $104 on any ac count. President Yates of the Clearing HouSe association said that the first day' business demonstrated the need of th small checks to be used the same as fa. 110 and 120 bills and that each Individual bank would issue Its own checks. Within a few duys, If the' plan contin ues, the city will be given the novel ex perience of having "all colors of money," as some of the b.nks have soma bright . looking stationery. There will b baby bu tW checks, some salmon pink five sod chrome yellow twenties. Cashier's checks, with pictures of buildings on them In atone ! green and crushed strawberry tints, will j be almost as common ss t6 and 110 bill with buffaloes and portraits of ex-presl-dents. The new medium of exchange will not be unpopular, according to the bankers, and big piles of them have been signed by cashiers of a number of th banks and are ready to count out the same a tha money Issued by th United States treas urer, with silk thread and fine specimen of the engraver' art. . No Low Denomination. The action taken by the City Savings bank is similar to the method of pay ment by the national banks, except tn.it the bank will not yet pay c-heca of low denominations, as it Is under uo obliga tions to psy anything on an account for sixty days. President Flack said jthut he had talked with a number of bank officials and business men, and would Issue certificates, which the big depart ment stores, at least, will accept. If a depositor has need fov a certain amount of money, the City Savings ban'.t will Issue a certificate payable to tue firm or persons to whom the customer dcglrca to pay th money, for th full amoifut. A customer desiring to buy clotfilag at a department store, which will cost 1 3 4. will be given a certificate payable to th department store for $34.60, and h stores have agreed to accept. President Flack's ct-rtiticate. Mr. Flack Says-th first day convinced him that his de positor would be Inconvenienced greatly If they could not use their money In any way and he decided on a 'certificate plan. Later the savings bank may pay In cash ier's checks of small denomination, e the national banks are doing. Another festure of the financial situation which made things look bright around th banks, was the announcement that money would be supplied for meeting pay rolls Saturday and as large a roll that of tli Union Pacific shops and factories . with long lists of employes, will be enabled to secure the cash the desire to .dlscharg the obligations to their workers when the week ar month is ended. No Long; Line nt Parian- Window. No lorg line appearsd at th paying windows of any of the bank In Omaha when the doors wer opened lMesday morning, and if anyone anticipated ex citement, disappointment followed. About the usual number of peopl presented checks, many of them were acquainted with tb plan and asked for amount of money less than they could hav secured. , requesting certified check or cashier' I check for th balance. At a number of j th banks small check wer paid In full Tuesdi. which surprised thos wlio pre 1 sented them. People went out of tha counting room feeling that' other had been unduly agitated when they had passed j befor th windows and presented tz, l. , 47 , U and veu larger check and reW4