TTTE OMAITA DAILY BEE: SATURDAY, MAY 16, 1003.
V
4
'I
i 1
CCT-OFF ON TIME AND FARES
.Lane Line Bring- Om&ha Nearer to
Weitern Nebraska.
ALSO KEDUCES PASSEUGER BATES
Ke w gpart of Trark Make t'aloa r
rifle the Short Lin to Grand
Island at a Cheaper
Trice.
Omsk will te nearer to the central and
western rrt of the stale of Nebraska by
means of the Lane cut-off of the Union
Pacific, whlrh la scheduled to be opened
Sunday. The building of the road of 1V8
miles will make a saving; of IS miles be
tween Omaha and polnta on the Union
raolflc to the west.
This not only makes a saving; in dis
tance, but has also had the effect of re
ducing the passenger rates to and from
Omaha from all points In the state touched
by the Union Pacific load. It makes the
T'nlon Faclflc the short line between
Omaha and many points In Nebraska to
which the rate was formerly based upon
gome other road. The Burlington was
formerly the short line to Grand Island,
but this new cot-off makes the Un'on Pa
cific the short line and makes a reduction
In lates.
The same thing oppltes to stations on
the branch lines north and south of these
Junction points along the main line, on
which the rate was formerly based upon
the mileage of either the Burlington or the
Northwestern. The Northwestern formerly
had the short line between Omaha and
Fremont, hut that distinction Is now held
by the T'nlon Pacific. The Intermediate
points will take practically tho same re
ductions as the Junction points.
What the Union Pacific will do with the
tlnre saved by the lessening of the distance
1b also a problem. No. 6 of the Union Pa
cific now has about two hours In which
to make the distance from Fremont to
Omaha. ' How it can kill that time vhlle
running ten miles less than at present Is
a problmm which will have to be figured
) out. The distance on the Union Paclflo
from Omaha to Fremont Is now about
i forty-six miles, and with the ten miles
ij cut off will make It about thlrty-slx. The
ft distance) on the Northwestern from Omaha
i to Fremont is thirty-seven miles.
p Old and New It sites.'
The old. and new rates anf the reductions
fj from Omaha to different points In the
state are as follows
1
From
, Omaha to Old.
Fremont $ .83
f i Schuyler 1.52
Reduc
tion. $ .09
.20
New.
.74
1.32
1 4
2.46
2.90
3.74
$.64
2.1W
2.39
2.60
U V U1UII1UUD A-CVS
i I Central City 2.64
I Grand Island 2.96
J Kearney 8 Ki
( North Platte, 6.72
Humphrey 2.25
( Norfolk 2.47
Albion 2.61
S-it.inKiini 1 CM
.20
.IS
.06
.08
.08
.09
.OS
.11
The first regular trains will run over
t the Lane Cut-Off Sunday, although the ser
vice will be somewhat limited until the
second track Is completed. Beginning Sun-
I day the westbound through trains will use
'.lie new track, but no effort will be
made to make a saving of time at the
tart, the extra time saved being con
turned for the time being, In running slow
over the new work.
General Manager Mohler has arranged
to take the heads of the various depart
ments of the Union Pacific over the road
in a special train, Saturday afternoon, that
nil may be familiar with what hus
been accomplished. For the present en at
bound through trains and all local tralrrs
In both directions will run over tho old
track through Millard and Papllllon. -
I Hart Examines Great Western.
Horaco G. Burt, former president of the
j Union Pacific, has been appointed to ex
j amine the properties of the Chicago Great
Western In the Interest of the English and
j American security holders. He has been
: Instructed to make a thorough examlna
I tlon, as the English holders wish to know
! the exact condition of the road. They de
I elre to know what disposition to make of
j it October 1, when the notice to the credlt
J ors expires, and they will have the power
I to take up the matter. An English finance
committee has the final authority of the
road's finances. Robert Fleming is chair
J man of that committee.
The committee haa an absolute veto
' power upon the action of the directors as
far as the issue of securities and the ex
. pending of money Is concerned, except
for operating expenses. Mr. Fleming has
been In this country for several . weeks
; but has returned home. He Is quoted as
: saying that It would be necessary to sell
j the property before proceeding with a re-
organization plan, but the management
. of the road has taken no action in the
matter of sale. It is pointed out that the
j sale of the property would be to the best
Interest of all concerned as It probably
) would be bought by some interest which
will provide the necessary means to put
'A the company on its feet again.
Ace and Gaaette Combine.
On June 1 the Railway Age and the
Railroad Gasette will be consolidated and
the resources of both will be used to make
the Railway Age-Gazette the greatest and
most up-to-date railroad Journal printed.
These publication have been in the same
field and havs been strong competitors,
IS
r r i j , Mif . l
t u'u ?v wiij syini
,7 j"ri
fl W I 1 . ,J Mms.... I
til CB0MTCB , . I -"Bn wn"-
but In the future this united Journal will
strive to distance all competitors In the
field of Journalism. The Gazette Is fifty
three years old and the Railway Age ttiirty
two years old. The genval office of the
consolidated paper will be In New YorK,
but an editorial snd business force will be
maintained In Chicago. A branch office
will also be maintained at Pittsburg. Both
papers have been consistent corporation
organs and It Is understood the same policy
will be followed by the combined publica
tion. Change In Train Time.
Changes In the arriving and leaving time
of several of the trains In Union station
are announced, efectlve May 17. North
western, No. 3"9, a local for Oakdale and
Scrlbner, will leave at 6:3u p. m.. Instead
of at 6:35; Northwestern, No. "6, far St.
Paul, will leave at 8:20 p. m.. Instead of
at 8:28; Northwestern, No. 101, for Long
Pine and Bonesteel, will leave at 7:55 a.
m., Instead of at 7:45; Northwestern, No.
72, for Minneapolis and St. Paul, will leave
at 7:46 a. m., Instead of at 7:50, as formerly;
Northwestern, No. 106, from the Black
Hills, with Lincoln connections, will ar
rive at 5:2u p. m., Instead of at 6:40; Union
Pacific, No. 27, the Valley and Beatrice
local, will leave at 12:40 p. m., instead of
at 12:30.
Union Pacific Loses.
The March financial report of the Union
Pacific shows gross revenue of (5.345,263, a
decrease of JS54.786 over March, 1907. ' The
operating expenses were $2,94S,461, a decrease
of 1652,335. The taxes paid were $201,336. an
Increase of $2,656. The revenue for the
month over operating expenses and taxes
was $2,149,797, a decrease for the month over
the corresponding nTonth last year of
$'J05.1O7.
The gross revenue for the nine months of
the fiscal year, ending March 31, shows
the gross revenues of the Union Pacific to
bo $58,094,596, an Increase of $1,822,019. The
operating expenses for the same 'nine
months were $32,902,131, an Increase of $4,
266,666. ' The revenue over operating ex
penses and taxes shows a decrease for the
nine months of $2,800,955.
Rise in Stocks.
When Harrlman said the other day,
"What is $25,000,000 to the Union Pacific,"
he hod evidently been watching the rise in
quotations of the stocks In other roads
owned by the Union Pacific. The Union
Pacific Is the holder of nearly 3,000,000
shares of stocks in other roads than the
Union Pacific Itself and Its proprietary
companies. The market has been on tho
rise for the last few weeks and the equity
has appreciated with an astondlng rapidity.
The recent rise In the valuation of South
ern Pacific alone has meant nearly $30,JO,000
as compared with the recent low prices.
Union Pacific has stocks In Its treasury
which cost approximately $209,000,000 and
on the present market these stocks are
now worth over $300,000,000, making an In
crease over the low market of nearly
$100,000,000, or about the amount of the new
bonds which were authorized lust week.
The following schedule prepared by the
Wall Street Journal shows the amounts
and the market values at the recently rul
ing prices of some of the well known
securities in the Union Pacific treasury:
Shares. . Company. Value.
126,609 Great Northern pfd.... i"25 $16,319,661
177,164 Gt. Northern Ore ctfs. 58 10,275.512
83.028 Northern Pacific com..l35
33.02S N. Pac. (62H pfd.).. 121
7.249 Northern Sec. Stubs... 100
4.45S.7M)
4,043,336
724. 9K)
9.000.0(10
2.613,6u0
3.2M.I0
2,619.91 0
4.91H.950
14.571,414
6.125,440
2S. 454,(106
75. OtO.Oi 10
39.330,000
6.2(i,8(i0
27.367,410
100,0(0 Atchison pfd 90
19.SO0 St. Paul com 1H2
26.325 St. Paul, part paid 124
18,450 St. Paul pfd., part paid.112
32 150 Chi. & Northwestern.. 153
lt257 New York Central Ii2
2.064 Baltimore & Ohio pfd.. 86
3:3.342 Baltimore Ohio com.. 88
9H0.0OO Southern Pacific com.. 84
312.000 Southern Pacific pfd. ..115
103.431 Chicago & Alton ptd... 60
H. 231 Illinois Central 136
19.359 R. R. Sec. Co. pfd. ...100
34.K29 R. R. Sec. Co. com. ...124
20.000 San Pedro bonds 80
120,000 shares San Pedro stock 10
60,822 St. Joseph & Gr. Island ..
1,935.900
4.388,454
16.IKiO.000
1.250,000
2,500,0(0
Total $2X1,967,519
Decrease Will Re Made Up.
Since January 1, last, the railroads and
the Industrial corporations of the counjry
have Issued notes, bonds and stocks aggre
gating $56,677,154, against $607,565,900 for tho
first four months of 1907. This decrease of
$61,888,746 promises to be more than made
up during May by impending bond issues
During April new security flotations were
heavier than In any previous month this
year, due chiefly to the sale of railroad
bonds, including tha Pennsylvania's $40,
000.000 Issue.
The grand total of railroad and indus
trial capital raised lost month was $239,726,
364, which compares with $207,447,000 in
April, 1907, the Increase being thus $32,279,351.
The following table classifies the se
curitles Issued during April and gives com
parisons with a year ago.
) RAILROADS.
April, l. April, 1907. Change.
Notes $ 53,200,000 $45,461,000 $ 7,749,000
Ronds 106,526,354 48,163.000 W.atf.SM
Stocks 22.UO0.0O0 67,000,000 !45,000,0u0
Total
Notes .
Bonds
Stocks
Total
$180,726,364 $10,814,000 $30,112,364
INDUSTRIALS.
I 2.600.000 $ 8.6O0.000 !$ 6.100,000
21,000.000 15,700,000 e.aoo.ooo
35,600,000 22,633,000 12,!7,000
$59,000,000 $46,833,000 $12,167,000
Grand fl $239,728,354 $207,447,0(0 $32,279,351
Plus. 'Minus.
6y using tna- varioux departments of Th
Bee Want Ad Paxes you get quick returns
at a small expense.
if
3
3
2-19
pi
Solid
Oak
Rocker
This Is a very handsome rocker; has
broad panel back, beautifully carved.
It Is extra strong and substantial a
wonderful bargain.
LET US riRNISH YOUR
Home Completely
If you've a single room which you
wish to furnish completely, get our
prices on the outfit. If you have
several rooms to furnish it Is more
Important that you get our figures,
because the greater the number of
rooms to furnish the greater your
savings We're making special prices
on outfits for Binule rooms, for sev
eral rooms and for complete homes
which flRtire at least one-third lower
than those of any other-homefurnlsh-lug
concern In Omaha.
th ? ' Stan. .:fZZJ
Economical
Refrigerators
Une special offering from our extensive line
and from our numerous bargains. This refrigera
tor In constructed with a new scientific cold air
circulation and is wonderfully economical. It is
lined with galvanized iron and charcoal filled.
EES
2232
OMAHA RAISES WOOL PRICE
Market Being Established Here Com.
pels Eastern Buyers to Come Up.
ADVANCE IS TWO CENTS A POUND
Omaha Is Commended by the Press
and Statesmen of the- Sheep
GrotrlnK Country for Its
Enterprise.
Already the cstabllf hment of the wool
warehouse nnd the promised market has
been responsible for the price offered by
eastern buyers being advanced 2 cents per
pound, according to C. F. R. Cromberg of
Medicine Bow and Laramie, who spent
Thursday in Onialia arranging to ship 500,
000 pounds of wool to Omaha.
"Eastern buyers are maltlni? the rldicu
loualy low offer of from 10 to 12 cents,"
said Mr. Cromberg, "but they have
been unable to secure the Wyoming wool at
any such figure. The growers expert from
15 to 20 cents at least, as they secured
from 20 to 23 cents last year.
"The better price of 14 cents has been
offered by buyers as a result of the Omaha
warehouses, but, according to the Wyom
ing papers, which keep In close touch with
the situation, but one sale has been made.
"A special to the Post of Sheridan says
that the only sale which has been made
was by Robert Crosswalte of Casper, who
consigned a carload to a Chicago commis
sion house, which advanced 10 cents pen
pound on the shipment, which consisted of
some 1'4,0(I0 pounds." '
Factories to Follow.
"I consider the establishment of a wool
market in Omaha of Inestimable valuo to
tho wool growers of the west, and I pre
dict that it will be an uno.ualified success
from the tvery start and a forerunner of
gretter things to come. The very fact that
the wool warehouse Is now in course of
construction has stimulated prices in our
country, and I see no reason why the price
next year should not be 20 per cent higher
than that paid this year, the Increase to
be chargeable alone to tho establishment
of the market here in Omaha. Already
prices of wool in my country have in-
cressed this spring 15 and 20 per cent.
"Further, I consider this wool market
Just a forerunner of greater things to
come. A woolen mill, glove factories, card
ing plants, and a number ot concerns will
follow. In short, this wool market is ons
of the greatest things that has ever come
to the west. There Is no need In shipping
our wool east to Boston or points In
Maine and then shipping the finished prod
uct back to the west when the manufac
turing all could and should be done In the
west In the first place."
Mr. Cromberg says lhat heretofore the
wool growers of Wyoming and Montana
have had no storage houses where their
product could be held for higher prices, but
that sales must be made at once, no matter
the price. Ills investigations in Omaha
resulted in disclosing that small storage
prices would be charged and the grower
could bold his wool here for months at a
low cost while awaiting for a higher price,
bhould there be a slump in the market.
"I am going to talk the Omaha wool
market when I get back horjke," says Mr.
Cromberg, "and advise my neighbors to
investigate the proposition here before sell
ing their wool elsewhere."
M ill Ship All to Omaha. ,
Mr. Cromberg will ship all of his wool
to Omaha and so assured Charles H. King,
vice president of the storage company,
while in the city.
The Wool and Storage company is to give
the Rock Island-Frisco system a chance to
show lta Intention of giving Omaha fair
treatment when tho Interests of no other
city in the west are to be sacrificed. The
Rock Island road haa been asked to grant
a storage In transit rate such a has been
arranged with the Union Pacific, Burling
ton and Northwestern lines. The Pock
Island originates considerable wool and re
ports show that It is almost all hauled
through Kansas City to the east. The ship
ment come from Colorado, Nevada, Ari
zona and New Mexico, as well as from
California, and the storage in transit rate
on the Rock Island Is very much desired.
The reply of the company Is waited with
consldeiablo Interest both by those directly
interested In the wool market and the ship
pers of the city who have seen Omaha
given a great disadvantage on grain 'by the
Rock-Iolund-Frlsco system for over two
years.
How Ousks Is Cow mendrd.
Tho business interests of Omaha are uni
A Fair Sample of the Manner in Which the IJ
Folding Porch Settees C
PAINTED RED OR GREEN ))
On Sale
Saturday
FOR
89c
ONE TO EACH
CUSTOMER
No Dealers Supplied
Tkcse Settees
fold and are therefore easily handled. They are made of the best selected hard wood, smoothly fin
ished and nicely painted. This Is a most extraordinary offering and Is a value that O t
never before was offered to you by any other Furniture or Department store In this ft f
city. We are offering 400 of them Saturday at the remarkably low price of vJV
h rifo A iU V h
nMmLi& Mil
1414-14161418 Douglas
versally commended by the growers and
newspapers of Wyoming. Some of the
comments are as follows:
Journal, Lander: The Omaha wool mar
ket will bo of Inestimable benefit to the
grower and establishes a new and most
filendly relation with Omaha, the market
town.
Journal, Rawlins: The establishment of
a wool warehouse at Omaha will do much
to relieve the condition the buyers taking
the advantage of the growers.
Rocket. Rock Springs: Better prices for
icool will be received by the producers of
the west as a result of the arrangement
made by Omaha capitalists for holding the
wool in storage at Omaha, instead of al
lowing the growers to be at the mercy of
the eastern buyers.
Leader, Cheyenne: "The Omaha wool
market will prevent the eastern commission
houses and manipulators from fleecing the
the growers," according to State Senator
Patrick Sullivan of Casper.
Senator Warren in the Journal of Lan
der: "The project of establishing a mar
ket at Omaha should have been undertaken
a long time ago, and I will lend my sup
port to the proposition, as Omaha "is the
natural market for the great transmis
sourl section."
WYOMING MEN HOI.PIXG CLIPS
Deride This Policy Necessary to
Secure Their Valor,
CHF.TENNK, Wyo., May 15. (Special.)
A canvass of the state Just completed
shows that the recent storms did little
damage generally throughout the state. In
a few Instances there were heavy losses
of shorn sheep, where the animals were
caught immediately after shearing, anl
where little or no shelter was afforded,
snd where the storms were especially
severe. The cold, unfavorable weather has
caused light losses of lambs In some quar
ters, but not the loss that lias been re
ported. Lambing Is only about one-third
along, and with good weather from now
on the sheepmen will realize a normal lamb
crop, the percentage In the more favored
sections and also In the late lambing sec
tions and the former in the sections where
sheep lambed early and where severe
storms prevailed. Seventy-five per cent
should be the average for the state.
There Is little or no change tn the wool
situation. Few If any offers for the wool
are being made, except on the consignment
basis, and then the advances are not such
as to encourage growers to consign. Sheep.
I No D
We have not issued any "Gold Bond Certificates"
i
Therefore our prices (upon investigation) will be found
to be from $75.00 to $150.00 less than other dealers.
"We do not resort to dark lantern practices to inveigle prospective Piano 1'uyers to our store. AVe do not
issue Gold Certificates to every Tom, Dick and Harry in Nebraska and claim that they have earned $75.00 just
because they sent to us their names and addresses. If we did, anyone with ordinary good horse sense would
know that someway, somehow, the buyers of Pianoh from us would be the ones to pay the amount. We would
be compelled to raise our Piano Trices to everyone. This is not our way of doing business. Everybody gets a
square deal at this house and the lowest prices consistent with good quality at all times are offered by us.
Linderman & Sons. . $75 Kimball
New York . . . $80 Vose .
C. A. Smith . . $110 Emerson
Hallett & Davis . .$125 Hinze .
'Phone
Doug.
2603
n
E'lWM f'H.jmm3if """new
' ' ' 'II j ' ll " 1 ' ' I l IKW M
Are painted In the most handsome manner. The heavy coats of pn'nt
not only add to the appearance, but preserve the wood and give
great durability to the settee. Another feature Is that these settees
22 CHEAT STORKS THROUGHOUT
men are settling down to the idea that they
must store their wool If they would realise
anything like satisfactory prices, and a
majority feel that by storing their wool
until fall they will be able to obtain from
IS to 20 cents per pound for the clips.
EIGHTY FIRMSJON TRADE TOUR
That Many Omaha Business Honaes
Hare Made Reservations for
F.xcaralon.
Eighty representatives of Omaha busi
ness houses have now made reservations
for berths and apartments on the trade ex
cursion train which leaves Omaha Sunday
evening, May 24, for an extended trip
through western Nebraska, Colorado and
Wyoming.
Only five more places remain, as fifteen
reservations have been made for guests of
the club, newspaper writers and photogra
phers, who will accompany the trade excur
sionists. To make the scheduled time It will be
impossible to add to the equipment of the
train and the first five in will be served;
all others will be compelled to wait until
the next excursion. ,
Booklets containing scenes of Omaha and
western life, as well as portraits of every
man in the party, are being published, and
they will bo among the most handsome
souvenirs ever published by any city. Spe
cial designs have been made by the best
of Omaha artists and the booklet is dif
ferent from anything ever published before.
The trade extension committee has re
ceived a petition from the citizens of Hud
son, Wyo., asking that the party visit that
town. ' According to the schedule the train
was not to stop at Hudson, but when thirty
business men of a town send a petition the
club is sure to recognize. It. The schedule
will not be changed, but the railroad com
pany will mifke up ten or fifteen minutes
In running time and the train- will stop at
Hudson.
Wray, Colo., Is not behind the other towns
which are preparing to receive the Oma
hans. Bunches of advertising matter about
Wray, scores of postal cards showing scenes
in the town and a letter from the Chamber
of Commerce giving the names of a recep
tion committee have been received by the
committee In charge of the excursion.
ark L
Pianos for rent,
an fern
XX9X333E
S2E8S8nSS2
art man Store Undersells
9c
HARTMAN
Saturday
Sale SperiaJ
PORCH
SETTEES
PAINTED RED
OR GREEN
THK U. S.
rv
$.75
This
Hands'me
Go-Cart
Street
THREAT TO KILL SELF GOES
John n. Snnhlll of Sonth Omaha
Tarns On the tins and
Dies.
John B. Sawhill committed suicide Thurs
day night at his daughter's home, 2C14 L
street, South Omaha, by inhaling lllumlnat-
I Ing gas. Ho was last seen when he re
tired at bed time and his body was dis
covered by hla daughter when she tried to
awoken him at 11 a. m. Friday morning.
i Mr. Sawhill was R2 years old and was a
skilled architect and draftsman. He had
been working until the last month or two
under E. M. Rohrbough at the city hall In
South Omaha. He was subject to despon
Dr. Price's Wheat Flake Celery Feed
Choose it for your breakfast; you will find it
palatable, enjoyable and satisfying. The power
of nutrition is greater than in any other break
fast food, whib its flavor is delicious. It is also
economical, as one package costing ten cents
makes service for seven persons. m
Practices
$125
$130
$135
$M5
Vose &
Steger
Chickering & Sons
Boston
tuned and repaired.
58
Solid
Oak
Diners
Thes chnlr li.ive xuhstnntlnl seat
and have l.r.m.l buck. Thev are made of
the best s.., ri, ,l miiteiiala und offered
at alxmt one-half value
Special Offers
3 Rooms SrPiht.?y..$52
TESSISl $5.00 Cash, $4.00 Monthly.
4 Rooms ,..$69
TUBUS: $7.00 Cash, $5.00 Monthly.
5 Rooms Sry $87
TEBHil $8.00 Cash, $6.00 Monthly.
6 Rooms 8V$105
TEB243: $10.00 CaWh, $8.00 Monthly.
mm
'.TTvirvi Matt
Ml
tv. Ji
This Is our Oo-Oart Special and Is worth
douhle the low price we're asking. It has a full reed
body, cane seat and back, large steel wheels and
rubber tires. It is certainly a bargain, nnd posi
tively cannot be duplicated In Omaha at the price.
dency. Ho had often threatened to
end his life, but his children. Miss Dora
and Benjamin Sawhill, did not think he
had any such Intention when ho retired.
Tho room was found ti-tHtly closed and
the gas was flowing a full stream. He
had been dead for several hours when
found. He was In his lrd as If he had re
tired. The body was taken to the Q. H.
Brewer undertaking parlors.
It Is not likely an innuest will be held,
as the case appears perfectly obvious.
The first 30 small women who get Into our
store Saturday morning at 9 o'clock will be
the lucky ones. We will sell suits for $15
that were formerly $3.60 to $33. Benson &
Thorno Co., 1515-1517 Douglas street.
Sons . . $U5
.... $185
$285
'Phone
2603
t
1