Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (April 16, 1909)
The Omaha Daily Bee'
the Omaiia Bee
Is tb moit powerful bu.tneu
getter in the wet, because It goc.
to the bomes of poor and rich.
For Nebraska Showers ; wsrmer.
FVr Iowa Partly cloudy; wirmfr.
For west her report see Pag. 2.
VOL. XXXVIII NO. 261.
OMAIIA, FRIDAY MORNING, ArillL
16, 1D09 TWELVE PAGES.
SINGLE COPY TWO CENTS.
ON LEMON DUTY
fobberi of Gate City Declare Raise
leattt Them at Mercy of
Nebraska Membet nper Body
Dispense 1 . v
TUTrSHA POSTMASTER ' WELLS
Ttinerarv Soon to Be C " Ai for
Inspection of Military-i'osts.
DAKOTA LAND DRAWING IN FALL
Senator Gamble and Crawford lire;
Secretary of Interior t Com
nteta Allotment tor
' (From a Staff Correspondent.)
WASHINGTON, April lo.-(8necial Tele
gramsOmaha Jobber largely Interested In
citrus frulta are up In trmi against the
duty en lemons, ta acheduled by the Tayne
bill and as amended by the Aldrlch bill
whlclt laya a duty of Vt cents per pound
on this fruit, as against the present duty
of 1 cent per pound.
Henry Strelgtit, R. Bingham & Son, Bny
der, Trimble A Co., Haley Lang; com
pany, O. W, Butts and Davla Jb Bandeau
of Omaha have Joined In a telegram to
Senator Brown asking that the present
duty on Imported lemons be maintained at
1 cent per pound. These Jobbers say that
the contemplated advance places all users
of lemons at the mercyv of the California
fruit growers and shippers.. Nearly 60 per
rent of the lemons Imported last year,
which amounted to 138,689,148 pounds, hav
ing a value of 13,000,000, were Imported
from foreign countries, and these shippers
say that under the bill now pending In the
eenate California will aecure 40 cents per
boa additional duty, They ask Senator
Brown to protest against the advance,
which will com out of the consumer's
pocket while destroying Importations.
Senator. Dispense Patroaaare.
If there was any doubt In the minds of
Nebraakana as to the way patronage ta be
ing dispensed In the state of Nebraska, It
was removed today when Senators Bur
kett and Brown joined In recommendations
for places In the First and Third districts.
In the First district the senators recom
mended the appointment of1 EaTle D.
Brooks, to be pension examiner at Paw
nee City. In the Third .district they today
reoommsnded the appointment of Frank J.
Prusha, to be postmaater at Howells. This
recommendation terminates a rather bitter
contest at that place, Ex-Congressman
' Boyd bad recommended Prusha for the
place. "WWeh- the ' Senators " felt morally
obliged1 hrT'csrYy 'out. hence their action
today., prusha Succeeds the present post
master,' Thomas Walker.
Senator Brown" took with' the Post
off'ce department today tha establishment
of a postoffice at Woodvllle, putte county,
and presented a numerously signet! petition
In support of Its creation.
Through persistent efforts of Senator
Brown, who on ceveral occasions has gone
over evidence with the commissioner of
pensions, the pension e aim of Mrs. Oacar
Brown of Central City was ollowaj today
at the rate of ift per month from October
. I0t. and VI2 from April 19. HH?. The
widow of Oscar Brown, late of Company
C, lU'th New York, has hud her applica
tion for pension pending for a number of
years, but one thing or another Intervened
to keep her out of her tights, when finally
8enator Brown took up the case personally
and secured Its allowance.
Inspection of Military Past. ,
At a meeting of the military affairs com
mute of the senate this morning tha sub-,
Jett of vUlting military posts of the Cnitad
States and Alaski whs taken up. This torn
mute was autlurlsed during the sixtieth
congre, to inspect military pouts of the
country for the purpir if observation aid
cducatlon, but owing to the Brownsville
nquny the eomm tire was unable to per
form tha duties aaslgrted It. During the
--j - niAncin congress the
commute as constituted In the Sixty-first
vungrcss wai mre.td to make an Insp-c-Hon
ot miliary posts both In the United
tates and Alaska, heno the preliminary
eUK-uasicn of this morning of the probable
It is altogether likely the committee, of
-mm r.,ntor Brown ia n member, wlil
visit mil taiy P,Bt, )n tn ,,iermountaln re
gt n abort y after the adjournment of c m
gress. going t Seattle ,nd then. to Alaska
for an inspection of garrison, there, later
returning by way of California, paying
.vis I to Fo.t, crook and Omaha after a
visit to Forts 1,. A. Ru,.,ll lld '
The Klnersr, a. finai,y ou,neJ ,
eluding the visit to Alaska, will ,.ke all
of ninety days, members of the committee
being able to reach their homes early in
October to participate In campaigns in sev
eral states which will be under way during
hat month. After election a visit by the
committee or subcommittee may be mapped
out to posts In southern states, the com
mittee getting back to Washington In time
h, .?'V"" Cf " December.
While this 1. measure tentative. It 1.
expected that at least a portion of the
country will be vlait.d by a majority of the
military affaua committee and aa large a
number of poai. .. po.b,. to ,ult tfc
convenient-, rt ... .
. . win be taken In
on this inspection tour
Mast la A Hutment I'raed.
Senators Uaniblu and Crawfurd this
morning called upon the secretary of the
Interior to urge th utmost expedition In
the matter of the allotment and appralae
rtient of lands to be opened to white settle
ment on the Cheyenne river and Standing
Hoik Indian reservations. The senators
were assured that so far as allotments
were concerned work on this phase of
th department would undoubtedly be com
pleted next Week and then the secretary
would be In position to appoint a commis
sion to visit these lands and commence
making appraisements. Senator Gamble
said today that work In this matter would
be pushed to completion aa rapidly as pos
aible and he felt assured that registration
for leitlons on these reservations would
occur during the coming fall and final ftl
lug Bpon lands In the apriug of 110.
Serator Uambl today introduced a blil
granting o ihf of aoulh Dakota
. acrea of unappropriated public land
Z.l!' U! f"r mlnln,uc ! up-
(CvnUaut oa Saooad Psg )
Will Be Dined
Count C. Moltke Will Arrive This
Morning to Make Acquaintance
of Nebraska and Iowa Danes.
Daries of Omaha and vicinity will give a
dinner at Hanson's this evening in honor of
Count C. Moltke, minister from Denmark
to tha United States, count Moltke will ar
rive In the city this morning. He comes
from Washington to meet the vice consuls
for Nebraska, Kansas and Iowa and to ac
quaint himself with the people of his
nationality In this part of the world.
Any auiomooiie trip is on the, program
for the afternoon and tomorrow the min
ister may be taken to a ball game If he
stays to long. Vice Consul Wolff will also
call the Danish Singing society together if
circumstances will permit
The committee In charge of. the dinner
Includca Vice Conaul Wolff, City Electri
cian Waldemar Mlchaeleen, Colonel 8. F.
Neble, Park Commissioner J. L. Neble. Mr.
Mlchaelsen will be toastmaster.
J. H. Malland, vice consul for Kansas,
has arrived from Topeka, and V. Lungby,
Ice consul for Iowa, will come over from
Council Bluffs to meet Count Moltke.
Prominent Danes will meet the minister
at the depot Friday morning.
of Artist's Divorce
Frederick Macmonnies and Wife Sep
arate Without Knowledge
PAT. 18, April 15. It Is learned here to
day that the French courts in November
of last year granted a divorce between
Frederick Macmonnies, the American
sculptor, and his wife, who waa a Miss
Mary Fairchlld of New Haven. ,
It Is understood that the divorce was
arranged amicably and that It was kept
quiet In order to avoid gossip. Not even
the two children of the couple are aware
their parents have legally separated.
Mrs. Macmonnies was questioned on the
matter this Afternoon and aald:
'There was no scandal and there has
been no recrimination on either elde. The
partnership simply ceased. Under the terms
of the decree the children will spend half
their time with me and half with their
Mrs. Macmonnies, who Is living with her
mother, has taken a studio in Paris and
ia working In the Louvre making copies of
paintings for the Boston Museum of Arts,
Mr. Macmonnies retains his home and
his studio at Qlvenny-Vernon, near Paris.
, is Normal Again
Appointment of New Commander Al
lays Friction in "Army and
i Restores Quiet'
CONSTANTINOPLE. April lS.-The
Turkish capital Is again assuming Its nor
mal aspects and there Is this morning lit
tle outward evidence of tho political fer
ment that has marked the previous two
The new ministry has promptly removed
Taver Pasha from the commandership ot
the First Army corps and given this post
to Naxlm Pasha. Nasim Pasha waa mliv
Inter of war for a brief period prior to the
fall of the Katmil cabinet, and the mal
cot tents among tha troops have urged hi
reappointment to this pest. He Is a popu
lar and able officer, and the command
given him today will In all likelihood be a
stepping stone to his return to the minis
It Is believed his appointment will have
a very good effect toward restoring order
and discipline In the army.
Salome Dance is
Barred by Law
New Iowa Statute Signed by Gov
, ernor and Goes Into Effect
DE3 MOINES. Ia!. April lS.-Today
Iowa's anti-Salome dance law went Into
effect. The law waa signed by the gov
ernor and provides a flue and a Jail sen
tence for anyone engaging In any "obscene,
Indecent, Immoral or Impure drama, play,
exhibition, show or entertainment." The
enforcement of the law la left to the
sheriffs and to the police of thd state.
Hspklas I Still Shy.
SPRINGFIELD. III . April lo -On the
sevnty-fli st Joint Killut for United States
seuutor today Hopkins received It votes;
f oss, 16: Stringer, 67.
Why Prisoner Refuses to
Leave Jail at End of Term
Early Thursday morning James Haddock,
prisoner In the county Jail, peaked out the
window to discover what the weather was
like. It seemed a trifle unpleasant out of
doors, the sky was overcast and scurrying
bits of paper Indicated that a strong wind
was blowing probably a cold one. Had
dock shivered at the thought.
A little later a deputy sheriff found him
stretched out on his bunk. Apparently
Morpheus itad liliu by the forelock, for It
was hard to awaken him.
"Get up, you highly esteemed acirn of
marine chef.." shouted the deputy, or
words to that effect.
"Lemnie sleep," murmured Haddock.
Somewhat suddenly he finally rose,
yawned, stretched and rubbed his eyes.
Th deputy went awsy. remarking that
most men got up with more alacrity when
they time was up.
An hour later be ram back and found
Haddock sitting in a rhair by his bunk.
Haddock was attlrred, except for trousers
and one shoe.
"Somebody's stole my pants and shoe."
"Get out." said the Jailer, nobody would
lake than pauu as a gift '
NEW TARIFF FOR
President Taft Sends Special Message
Urging Changes in Schedules
for the Islands.
SLIGHT INCREASE IN RATES
Intention is to Favor Manufactures
from United States.
ADDITIONS TO THE FREE LIST
Present Regulations Difficult for
Exporters to Comply With.
DRAWN BY BOARD OF EXPERTS
Letter of Explanation from Secretary
Dickinson and General Edwards
Accompany the Me
WASHINGTON, April .-The president
today sent to congress a special message
In relation to the Philippine tariff. The
message transmits recomn.cndatinna by th
secretary of war for a revision of the
Philippine tariff so as to permit as much
customs revenue as possible for tha Islands
and at the' same time to' extend to the
Islat ds the principle ot a protective tariff
for Its Industries.
The message and accompanying letters.
with a copy of the proposed act, were sub
mitted to both houses of congress shortly
after they convened.
Generally speaking, the bill submitted
by the president makes a slight Increase
In the rates of duty now provided In the
Philippine tariff, but its framers say it
tendency Is to Insure as far a practicable
the benefit of the Philippine market for
American manufacturers and products. The
measure makes some additions to the free
list. There wfll be an Increase in Internal
revenue duties by which It Is hoped to
make up the loss which the Philippine
Islands will sustain by the operations ot
the free trade provisions In tha pending
Payne tariff bill.
The Internal revenue laws for the Philip
pines are enacted by. the Philippine as
Text of tha Meaaaaje.
"To the senate and house of represent
lives: I transmit herewith a communica
tion from the secretary of war. Inclosing
one from the chief of the bureau of In
sular affairs, In which Is transmitted i
proposed tariff revision law for the Phil
"This measure revises the present Philip
. Pine tariff, simplifies It and makes it con
form as nearly as possible to the regula
tlons of the customs laws of the United
States, especially with respect to packing
and packages. The present Philippine regu
latlons have been cumbersome and diffi
cult for American merchants and exporters
to" comply with. Its purpose Is to meet
the new conditions that will arise under
the section of the pending United States
tariff blH, which provides, with certain
limitations,, for free trade between the
United States and the islands. It Is drawn
with ;a; view to preserving to the Islands
as much customs revenue as possible and
to protect In a reasonable measure those
Industries which now exist In the islands.
"Trie bill now transmitted has been drawn
by a board of tariff experts, of which the
Insular collector of customs. Colonel George
It. Colton, was the president The board
had a great many open meetings in Manila
and conferred fully with representatives of
all business interests In the Philippine
Islands. It Is of great Importance to the
welfare of the Islands that the bill should
be passed at the aame time with the pend
ing Payne bill, with special reference to
the provisions of which It was prepared.
"I respectfully recommend that this bill
be enaHed at the present session of con
gress as one Incidental lo and required by
the passage of the Payne bill.
"WILLIAM H. TAFT.
' "The White House, April 14, 1908."
Kecealty for Chance.
Secretary of War Dickinson. In forward
ing the papers to the president, says:
"I hate not had time to examine the bill
In detail and have not sufficient acquaint
ance with the subject to say whether or
not It. Is what It should be, but General
Edwards, who Is familiar with the matter,
recommends It and I have no doubt that
with your own familiarity with the sub
ject, you will be able to dispose of It."
The letter of General Edwards, dated
April 11 and addressed to Secretary Dickin
son, after describing the measure and its
purpose In much the same language, as the
'It will be understood that .the result of
the free admission of American goods Into
the Philippine Islands must revolutionise
business In the Philippines, and unless
the adoption of that policy is accompanied
by a revision ot the present Philippine
tariff It will be disastrous to some im
portant industries In the Islands and also
result In such serious loss to the customs
(Continued on Second Page.)
"Well they're gone." replied Haddock, who
seemed disposed to sit tight on this state
ment. The deputy then undertook a personally
conducted tour of Investigation. He hunted
with care, diligently, prying Into every
corner, under every bench and bunk. He
was even seen to gase at the celling,
though, perchance, he was Just rolling his
eyes hopelesFly heavenward.
Then he summoned help. The reinforce
ments included two more deputies and
two trusties, and If tha search had been
for the Kohinoor diamond, It could not
have been more thorough. Haddock did
nbt take part. He aat nonchalantly In his
chair, occasionally dropping a word of en
couragement to the searchers.
An hour passed. Then one of tha trusties
had a sudden thought. "Get up, you
lasy, loafing descendant of a polecat. Get
Haddock did not stir.
The trusty grabbed him by the shoeless
foot. Jiktd hard and pulled too foot same
distance from the chair. Haddock follow
ing. In the seut of the chair were tha missing
trousers and the (uoaj
Copyright, 1909. by hm Mail and Exp
MANY ARMENIANS RILLED
Murder of Two Moslems by Chris
tians at Messina Starts Riot
Dae to Racial a ad Rrllilou ntsr.
ence So 'Relation to Recent
CONSTANTINOPLE, April 15.-A ma-
acre of Armenians Is In progress today at
Merslna. a seaport of Asia Minor, on tha
Enraged at the murder of two Moslems
by an Armenian and the fact that the as
sassin waa not apprehended, the Moham
medan population of Merslna, which counts
total of 10.000 Inhabitants, took the law
Into its own hands and attacked the Arme
The Christian communities of Merslna
are appealing to the consuls here for help. .
Two American missions are represented
NEW YORK. April lS.-The American
missionaries now located at Merslna are
Rev. C. A. Dodds and wife. Rev. Robert E.
Wilson and wife of Mornlngsun, Ia.; .Dr.
John Peoples of Pennsylvania and Miss
Elma French of Winchester. Kan. Thev
II reside In the building of the boys and
girls" school conducted by the foreign mis
sionary board of the Reformed Presbyte
rian church. Miss Frenoh Is one of the
eachera. There are many American pupils
In the school, which has an attendanoa of
about 250 boys and girls.
CHICAGO. April 16.-Uneaslness Is felt,
by Chtcsgo church workers over the sltu-
tlon of missionaries who are stationed In
tho danger sone of TuTkey. Among them
are Rev. William N. Chamber of Chi
cago, stationed at Adana, Turkey, who Is
assisted ny Mrs. Chambers; Rev. and Mrs.
Thomas D. Christie, at Tarsus; Miss Elis
abeth S. Webb, at Adana. and Miss Sarah
Ixulsa Peck. Miss Peck Is from Nebraska
and Miss Webb from Missouri.
Miss Peck was a native of Nebraska, but
lived In Minnesota, according to lnforma:
tlon available from Rev. Frederick T.
Rouse and Rev. L. O. Barrd of the Omaha
Congregational churches. She Is working
under the American Board of Commis
sioners for Foreign Missions. Her commls
slon for the field Is from the Women s
Board of Interior Mission Work, whose
headquarters are at Chicago.
Adana. In central Turkey. I. her elation.
She sailed from America for Turkey last
September. Before fitting herself for mis
sionary work she graduated from the Mln
nesota State unlveralty and taught school
mi irooasion. Minn.
BACK AT THE
The business office of
The Bee is to be found
again i n the ground '
floor corner of the Bee
Building, which has
been enlarged and re
fitted to accommodate
the growing needs of
the office force and
patrons. Entrance from
Nowhere to Go but Out!
Lands at Aden
Several Members Take Short Shoot
ing Trip for Specimens of
- Local Birds.
ADE..N, Arabia, April 15-10 a. m.-The
steamer Admiral, with Theodore Roosevelt
and the members of his party on board,
came in here this morning for a short
stay. All on board ar well.
Several members of the party are plan
ning to . come ashore here and go on
shooting expedition to obtain specimens of
the local birds, aa' they have done at sev
eral of the other ports touched at on the
The run down the Red sea from Sues
was fairly cool, but yesterday and today
the weather was hot, with a brilliant sun
and a smooth sea.
Frederick C. Selous. the well known au
thor and big game hunter, has accompa
nied the Roosevelt party from Naples. Mr.
Roosevelt has spent several hours every
day listening to recitals of Mr. Selous" ex
periences on his A fries ri hunting trip. Mr.
Selous has been Invited by Mr. Roosevelt
to Join the party for a two weeks' shoot
snd he probably will accept.
Taft Member of
President Formally Joins Masonic
Organization of Which His
Father Was Member.
CINCINNATI. O.. April 16.'-Presldent
Taft Is now a member of the Kilwinning
lodge of Mssons. He was unanimously
elected a member at a stated meeting held
In the Masonic temple her last night.
When President Taft was made "a Mason
at sight" February l?, he did not become
a member of any lodge, and was until last
night In the position of Mason at large.
Ha at that time expressed a desire to
affillste with Kilwinning, of which his
father, the late Judge Alphonso Taft, was
one of the early members, and of which
his brother. Charles P. Taft, has been a
member. The application camo up In the
regular order last night.
Three Dead, Eleven Deathly
III from Eating Bad Sausage
IDA OROVE. Ia., April 15 (Bpeclal.)-
Closely following the death of three mem
bers of the John Kolpln family In the town
of Galva, Ida county, cornea the news thst
no leas thsn eleven others In that town are
suffering from trichinosis and that many
of the in are dangerously 111.
Kolpln was a prominent druggist at
Galva. The first of March he had a hog
slaughtered and made up some home made
summer sausage. The sausage waa not
properly cured, and to the eating of this
raw pork are now attributed three deaths
and tha chance are that a half dosen more
Mrs. Kolpln and two of their four chil
dren were taken down first, and though
specialists were sent for from Sioux City,
they could make no correct diagnosis of
the disease, and because of this fact every
on who cam to th horn to assist In
raring for the sick kept on eating tha
deadly sausage. Dr. D. W. Farnsworth,
who had been sick in bed himself for soma
time, waa finally called in and pronounced
it trichinosis. Sanities of Ui mtat ex
TARIFF BILL BACK TO HOUSE
Senate Returns it for Correction in
CHANGE " IS QUICKLY MADE
Senator Aldrlch Defers His Explana
tion of Meaanre Until Monday
Bailer Has Income Tax
WASHINGTON, April 15. Shortly after
the senate met today It agreed to a reso
lution of the house of representatives ask
ing that the tariff bill be returned to that
body so it might be amended to place upon
the free list the products of as well as
crude and refined petroleum. The bill was
soon returned to the senate with this
The president's message for a revision of
the Philippine tariff 'so that ttie principle
of protection might be applied to the In
dustries of those islands and at tho same
time In view of practical free tiade with
the United States sufficient revenue might
be provided, ws laid before the senate and
referred to the committee on the Philip
Senator Aldrlch announced that he would
speak upon the tariff bill next Monday.
After the senste convened today Senator
Bailey Introduced an Income tax amend
ment to the tariff bill. It provides for a
straight tax of 3 per cent on all Incomes
above 15.000 a yean It exempts all Incomes
from federal, state, county and munlclal
securities, salaries of all state officers and
Incomes of corporations below 5.000. The
former law on this subject provided for a
tax ot 2 per cent on Incomes of SI.COJ and
upward. Mr. Bailey does not attempt to
avoid the constitutional questions and in
effect challenges them. He estimates that
If his amendment becomes a law It will
raise about f 100.M0.000 annually.
Mr. Bailey said he had Introduc ed the
amendment so far In advance of its consid
eration because he wanted every senator to
have a full opportunity to consider It and
suggest any additional amendment deemed
proper. His Income tax amendment, he
said, waa the same as the law which had
formerly been enacted, with minor excep
tions. He had in this amendment raised
the exemption from Incomes of S4.O0O to In
comes of S5.000, and had raised the rate of
tax from 2 to 3 per cent, which he said
(Continued on Second Page.)
amined at Ida Grove under powerful micro
scope by Dr. O. C. Moorrhead siiow th
stuff fairly swarming with trichinae.
Mrs. Kolpln grew worse rapidly and rti.rt
March 14. a month ago. On April t little
Herbert died, and on April 13 the father
himself died. Kolpln and the children were
taken to th German Uitheran hospital at
Bloux City last week for treatment and ne
died there, not knowing that his wife and
son had preceded him In death and that
the whole family were probably doomed to
Cora. Lster and Florence Kolpin are In
a very dangerous condition at the Sioux
City hospital and eleven friends and neigh
bor at Galva are down with the terrible
affliction, and the whole town Is terribly
wrought up over the metier. It takes
three week for the trichinae to develop
and make themselves felt, and as most all
the friends and neighbors of the Kolplns
ran In to help care for them, and moat all
of them partook at soma time or other of
tha deadly sausage, th people of Galva
ar wondering whera this UrrlbU death
bar vest la truing to cad.
DAY OF TUMULT
IN WHEAT PIT
July Advances to New High Level
and Suddenly Drops More
Than Four Cents,
SMALL SPECULATORS RUINED
Pyramided Fortunes of Little Fellows
Vanish in a Trice.
PATTEN FINALLY PREVENTS ROUT
Bis; Bull Leader Buys Three Million
Bushels in Few Minutes.
PRICES RISE AT THE CLOSE
Frartlon of Loss I Regained a
itesalt of Vigorous Soppvrt
Battle Now Transferred to
th July Option.
CHICAGO, April 16. It wss a dsy of tu
mult and sharply shifting fortunes In the
wheat pit of the Board of Trade, July
wheat following an advance to a new high
level, suddenly dropped H cents. The
'pyramided' fortune of small speculators
vanished In a trlco and tha day was saved
from rout only by the vigorous exertions
of the bull leader, James A. Patten.
Within the last fifteen minutes of trad
ing Mr. Patten bought 3,000.000 buahels ot
wheat for July delivery. "Nothing but a
flurry," he said, but that waa after tho
tutbulent pit had been deserted for the
day. During the final quarter of an hour
he was a busy man. Into' the corridor of
the Western Union building, in which the
Bartlett-Patten offices are to ba found.
floated tho sound of high-pitched, nervous
voices as clerks at the telophone, shot In
buying orders to other clerks In tho pit.
Buy fifty, buy a hundred, buy twenty.
five." These numbered thousands of bushels
of wheat, and there were many smaller
ones, so many in fact that not all of them
were filled. It was a physical Impossibil
ity to do so.
Patten Directs Cam pa lam.
Mr. Patten personally visited the floor
of the exchange and directed bis own
deals by word of mouth. It was Patteu
against the field, and the final gong ahowed
that the former, apparently, was aa mighty
as ever. His purchases ami ihn.. r ki.
followers together with the nroflt.tavin-
of the shorts, who lost no time In securing
.o iruu or tneir bearish daring, caused a'
reaction of over a cent all alone th.
But before this occurred the hoard of many
a small speculator had gone.
Far from the maddenina tHf i '
board. In hundreds of bakeries, there was
uutcrent. although related, scene. Flour
a risen and bakers, with iWn,,.j
brows, were trying to find out wh.r. .s.
profits were coming from units the. price .
of bread could be raised, ' .
Trouble of Bakers. . '
According to on ot the x.i.
n the city the price of flour haa doubled
in the last six year., lard haa dono like
wine, milk has advanced M ru,-
livery charges have doubled and yet the
Price of bread remains the same. Bom.
years ago , when flour prices were on a
rampage many baker saved their profit '
by reducing the weight of their loaves and
the quality of flour used. But it 1. Mj
fUrther cxtreme f "omy to
which they can go and nw.,,hii. ......
allego their net earnings are nil. Bo far
..htc, concerted action ha.
taken with regard to the situation.
Day Opens with RI.e.
The speculative day on the hnr4 -..
without indications of the sensation ,
come. May and July rose t . i.,u
ine July price waa h kii ..
.Ince 1S77. when a European war exhausted
resources, but neither mark caiiaed unusual
tinier one or the nt .u
thing since the first of the month. There
haa not been a trading day since that one
or the other has not created a new too
latten bought and sold a. usual, mostly
buying July and sclli.w May. He is ..id
W have disposed of 1,000.000 bushel, of 1,1.
n,yj tint"' ,0dy nd t0 b Practically
out of that option. HI. cncrgle. ar, now
centered largely In Juiy.
"I still have lorn. May." Mia Mr.
but I.m chiefly interested now In July
I m not paying ,uch attention to the de
ferred futures. They're new crop month.."
Tornado Hita tha Pit.
It waa fifteen or twenty minute, until
closing time when the selling torn.do hit
the pit. Stop-loss order, came out In a
deluge and the bear., stirred by a -cnt
decline at Winnipeg, baaed. It waa Mid
on reaelling by exporter., attacked the mar
ket with great spirit. July tumbled U cent
at a time to $UVi. an extreme In, of
4 cents; May In larger jump, dropped to
ll.a and September, an undisputed new
crop month, which had attained ll.og'i
declined to II.OtHj.
Here the Patten purchases ma.Je their
Influence felt and the cluae e- th. .. .......
founa July at $1. 15-5 1.I6A4. May at fl.au
61.27), and fctptember at fl.OSU.
in contrast to these pricea tiioa. f .
year ago are of interest. During April a
year ago May wheat sold st an ,.., ...
to cenu and July around 8a cents. The
....v .a.e or wheat for delivery In May of
thl year waa made here' Jim. :i 1.-.
i cents. Whether It went to Mr. Patt.n
s not of public record, hut he wa. ,mon
the earl'er purch.scrs. Since then the w...
has risen nearly 30 centa. Thl. h-,.
does not serve to give a line on ti,.
posed profit, of Mr. Patfn and his aawt-
imie.. rxu estimate worth conalderlng can
be madt. for even were detail, f their op
eration known It Is safe lo y the same
capital ha. gon Into tna Juy ,,, out.
come of which, of course, cannot be pra
uicted. Bl Battle on J.ly tomln.
With the May deal proper to all Intents
a thing of th past a battle royal will be
waged in July. Mr. Patten, at the head of
an Influential following. Insists that July
will be an old crop month-thut Is. dellveiy
mum be made from the hsrvest of ,t
ar instead of the new wheat usually
harvested ! the winter wheat belt in time
for delivery on July contracts. Unusually
unfavorable, weather for planting l..t fall
u 8lv.n as the print ,pai reaaon for this
belief. Mr. Patten .aid today that even If
some of tile wheat were harvested early In
July it win never reach Chicago, but wui
be snatched up by famishing mlll,r before
It gets within hundreds ot mile, of thl. city
"Why," .aid air. ratua, "they ra buy.ng'
Powered by Open ONI