Omaha daily bee. (Omaha [Neb.]) 187?-1922, December 23, 1913, Page 3, Image 3

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    THK BEE: OMAHA, Tl'ESDAY, DECEMBER 1013.
Nebraska
TEAMSTERS GET CONCESSION
Lincoln Coal Dealers Agree to the
Former Coal Scale.
BRODEGAARD FIRM INCORPORAT
Nebraska
Mnte nonril nf Accountant Omnn
lc for Business, Naming Hob.
rrlnon President of the
Organisation.
tfrom a Staff Correspondent.)
LINCOLN, Dec. S2.-(Speclal.)-Lincoln
coal dealers hod a strike on their hands
this morning, most of the teamsters to
day following the lend of tho Union Coal
lompany's men Saturday and refusing
to haul coal at the old price.
However, a few companies have agreed
to the old schedule, formerly In force be
fore tho present one was adopted, which
pays 40 cents a ton for the hauling of
steam coal, which was tho real cause of
tho walkout. The price at the present
ilme Is .TO and 25 cents per ton.
Jewelry Klrm Incorporates.
The Broaegadrd Jewelry company Is a
new corporation filing articles with the
secretary of state. Tho company will
do a general wholesale and retail busi
ness In Omaha and Is Incorporated for
Jl'OO.OOO- The Incorporators are Fred
Brodcgaard. May M. Urodcsaard, Alfred
Hrodcgaard, Axel H. Andersen and John '
.1. Drcyer.
i
Accouiitnutu Meet,
A board which has not generall been
known by the public Is the Board of Ex
pert Accountants, which mtt this morn
ing and organized for business. There
has been Mile for such a board to do In
the past nd very few people knew that
there was such a board provided for In
the statutes.
However, they have been appointed and
organized this morning by the election
of Accountant Robertson of tho auditor's
office as president. Auditor Howard nB
secretary and Actuary Wiggins of the
Insurance department as treasurer.
The. duties of the board are to examine
all persons applying to become expert
accountants and charge a fee for the
same.
Thompaon. Ilcsamrn l'rne ttee,
V. T. Thompson, who recently handed
In his resignation to President Wilson
ns solicitor of the United States treasury,
has arrived In Lincoln and will take up
the practice of law here, Mr. Thompson
might have held on for t-omo period yet,
as the hydra-headed powers in demo
cratic clrclos from this state do not seem
to be ablo to agree on a man who can
hold down Thompson's job. However,
Mr, Thompson could not wait any longer
for the dovo of peace to light and handed
In his resignation to tako effect Janu
ary 1.
Code Commission
Submits Expenses
From a Staff Correspondent.)
LINCOLN. Neb., Dec. :s.-Speclal.)-Wlth
the exception of about seven days
more work the code commission, which
has been preparing the new statutes, has
completed Us duties and this morning
vouchers for twenty days of this month
were filed with the auditor.
The vouchers show the fojlowlng
amounts due the signers: Judge A. M.
Tost. lCi.ff?; Judge Broady, 1166.67; It. It.
Hule, indexing, $160: T. J. Thompson,
Indexing, $66.67; Maymc Graham, $C6.C7;
Ella Burns, stenographer and proof
reader, $33.33. There Is yet to be paid
the salary of Judge King of Osceola,
$166.67, and probably some small Items.
This will make tho total amount of this
bunch of vouchers, J'SO.Ot. There ha
already been spent and bills presented
for $13,787.91, leaving of the appropriation
of $30,000 the sum of $15,yO.0K.
The contract price for printing tho
books Is so much per page, but will run
something over $15,000. In fact Juctae
Broady, of the commission, figures that
there will be at least a $."00 deficit,
aft wCotherefcespcnlrpKenned
States for half the value of tho bonds
and 3 per cent thirty-year bonds for the
balance.
If tho latter method is adopted the
regional bank can be compelled to re
purchase one-year gold notes each. year
for thirty years. The one-year notes
would heap 3 per cent Interest.
The period within which banks slialt
Shift their reserves from the banks in
central reserve or reserve cities was
extended by the conferenre committee
from the two-year limit of the senate
bill to a threoyesr limit.
simmaiiv ui' rciinuxcY nii.i,
One of Most Far-Henrhliiu Financial
Measures Unnoted In Yeam.
WASHINGTON. Dec. 23.-The new bill
affecting tho currency, banking and fi
nances of the country, which both
branches of congress prepared to passb e
for adjournment tonight, one of the most
far-reaching measures relating to flnanco
that has been anactcd In many years.
The magnitude of the subject), the diversity
of Interests affected and tho length of the
Colonel Clark of
Cedar Rapids Dead
CEDAR RAPIDS, Dec. 22.-Colonel
Charles A. Clark, one of Iowa's leading
attorney's and former commander of the
Grand Army, of the Republic of Iowa.
died late last night at his home here.
Colonel Clark was awarded a medal for
bravery on the battlefield durlnc'the civil
war.
Pleads for Release of
Clarence Gathright
i From a Staff Correspondent.)
LINCOLN. Dec. r (Speclal.)-Govor-nor
Morehcad will have a chance to act
as assistant to Cupid on Christmas If
ho listens to the story of Miss Ola Ham
ilton of Kansas City, who has written
tho Nebraska executive a letter in be
half of her lover, Clarence Gathright,
who Is sorvlng a twenty-year term In
the Nebraska penitentiary for the mur
der of a man in Omaha In 1906.
Miss Hamilton assures the governor It
he will let the man out she will marry
him and guarantee that he will mend
his ways.
The governor has not made up his
mind.
Hebron Chiropractor
Appealing His Case
(From a Staff Correspondent.)
LINCOLN, Dec. 22.-(Spocial.)-Enrl A.
Harvey, a chiropractic of Hebron, has
appealed to the supremo court from the
district court of Thayer county, wherein
he was found guilty of practicing with
out a ltcenso and found guilty on nino
counts, the fine being $3) in each.
to provide u capital stoc
In such event tho public
the stock In quantities limited to $10,(X
for each individual; but the voting of
this stock will be placed In tho hands of
government representatives on tho board
of dlrectots of the regional reserve bank.
Tho regional reserve banks may do bus
iness only with their member banks, not
with the public, except that certain "open
market operations, siKh as the purchase
and salo of gold, government or municipal
bonds and certain forms vf bills ot ex
change nre permitted. These banks wilt
mako their earnings from the loans made
to member banks and trom the purchase
and sale of bonds and foreign and do-
mcstlo bills of exchange.
Ilevenue for (iorernnient.
Member banks will be compelled to put
up In cash only one-halt of their sub
scription to tho capital ot tho now banks;
tho remainder can be called for it needed
by the regional bank. Dividends of 6 per
cent will bo paid on this stock to the
member banks and the stock will be non
taxable. After theso dividends are paid
one-halt ot tho surplus net earnings goes
to create a regional surplus ftii.d. and
maySSS! BRIEF CITY NEWS ite)isiffiraHiias(aS3(BmiJiii
"Thm sfore with a eontcitnet"
If he is worthy
of a nice gift,
let it be a
BATH ROBE
Xidsllty mora k Tan Co. Doug. 1516.
Ht Root Print It Now Beacon Press.
Ufa Xai.f Tsi. Fnn MntnaL CJould.
Xmii JClghtlng Burgess-Ornnden Co.
A. K. Saris' quality cards Is the thing
for Christmas. A llospe Co., 1MJ Douglas
By Making this responsible trust com
pany executor and trustee yon will avoid
all contingencies and disabilities ot tndl
xldual trusteeship at moderate cost to
your eMatc. Peters Trust company, 1612
Farnnin street.
Teachsrs' Esarua Teachers' eMunlna- Hr
IIa... .lit I. -, .1. - t.
uiMiK mil ik utMU ni (lie uiuniin iiipm
school in room 310, December 30 and at,
forenoons nnd afternoons.
Saloon Is Bobbed Thieves broke Into
the saloon of Sam Baiter, Third and
Hickory street 8unday night, succeeded
In making a getaway with 100 cigars and
severs! quarts of fine whisky.
Dangsr Tt In Skating Park Com
missioner Joo B. Hummel has hired a
watchman to look ntter the skating
crowd.", on all the municipal ice fields.
The park commissioner says the Ico Is
Interests affected and the length of the
debates In both branches of congress has when this haa reached to per cent of tho I t,,,n anA thero Is as yet great danger
i
made it difficult for the ordinary 6b.
servers to follow the changes and grasp
the essentials of this highly technical
measure in Its Important bearings on
money, finance, banking and tho entire
range of fiscal subjects, public and pri
vate, which It affects. With a view,
therefore, of presenting succinctly and In
non-technical language an epitome of the
salient features ot tho measure as fi
nally framed the following summary Is
given of tho bill ns a whole and of Its
principal details.
Generally speaking the first steps to be
t nken to bring Into operation the nation's
new financial system will bo through an
organization commission consisting of the
sccretnpy of agriculture and comptroller
of tho currency. Banks have sixty days
within which to file their applications for
memberehlp in the new system, nnd one
car's tlmo Is allowed before the govern
ment will compel the dissolution of any
national bank that refuses to join.
ENGINEER PRICE RETURNS ,
FROM BRIDGE INSPECTION
(From a Staff Correspondent.)
LINCOLN. Neb., Dec. 22.-(Spec!a!.)-Stato
Engineer D. D. Price reports that
the fill on tho north side of the Platte
river bridge at North Bend has bsoii
completed. This has caused much con
troversy between the stato and the con
tractors and It became necessary aftf-r
the bridge was built by reason of the
liver changing its channel.
The fill is S00 feet long and a willow
mat 300 feet long has been put In to
protect It. Mr Price condemned one
o fthe cement pilings of the bridge nnd
ordered a new one put In before the
bridge would bo accepted and work is
now going on to replace the defective
woik.
Mr. Price was called to Cedar county
to inspect some contracts on complaint
ot George Kellcy. editor ot the Cedar
County Nows of Hartlngton, who be
lieved there was some graft In the let
ting. He found everything all right so
far as he could discover, but will return
the middle of next month and make a
thorough 'investigation of all contracts
let by the county for three years.
Jn, Dixon county Mr. Price found no
Insularities, nlthough the contract price
tor one bridge was a HtHe high.
Nolo Kfroin t.nK I uii,
. BEATRICE, Neb., Dec. 12. (Special.)
The authorities hero are looking for .a
stranger named John Anderson, who Is
charged with stealing $13 from a suit cbbo
belonging to Miss Minnie Holmes of Vir
ginia while she was waiting for a Rock
Island train at Iewlston. A young man
named Hunzeker was nlso robbed of $3,
"which was taken from his coat, which he
left in the office of tho livery barn at
LewUton. Anderson escaped by going to
Virginia and boarding a train there.
Roy Berry of Wymore Saturday Insti
tuted suit for dlvorco in the district court
from Ills wife, Clara Berry, whom he
charges with dlnrcgardlng her marriage
vows.
Tho Virginia Farmers' institute has
elected these officers for the coming year:
President, Frank Skinner; vice president,
John Landon; secretary, Harry Darwin;
treasurer, John Hence),
The firemen's fair closed Saturday night
with a large attendance after a run of
three days. The proceeds will go Into the
fire department's building fund.
JVote from Table flock.
TABLE ROCK. Nob., Dec 22.-(Spcclal.)
Mr. Paul Pangborn and Miss Mayme
Gettle were married at St. Joseph, Mo.,
at noon Saturday by Rev. B. B, Winters,
former pastor of the Presbyterian church
of this place. They left on tho early
train this morning for a bridal tour to
Denver.
The annual meeting of tho stockholders
of the Pawnee County Fair association
was adjourned to Saturday, January 17,
1911, at 2 o'clock, after appointing- an
auditing committee, consisting of Reuben
Ltpp, Frank Bennett and David Osborn,
to examine into the affairs of the asso
ciation to show tho financial condition of I
the association. At this adjourned meet
ing tho officers will be chosen.
The flno large hay barn on the Frank
Bennett farm, five miles northwest of
here, was recently destroyed by fire. The
origin of the fire is unknown, but It Is
thought to have been occasioned by boys
shooting pigeons. The structure was U
feet wide and 112 feet long and contained
ten loads of unthreshed millet, fifteen
tons of oat straw and a quantity of wheat
straw'. The loss Is partially covered by
Insurance.
AViunn Voaa Hies Mmltleiilr.
WAUSA, Neb., Dec, 21.-(Special.)-
Mrs. R, Klitzlng died suddenly at an
early hour Saturday morning at tho home
of her parents. Rev, and Mrs. J. A. Mar
tin. She wan in her usual health Frjday,
but during tho night suffered an attack
of heart failure, and, although medical
aid was summoned, passed away in a
few hours. She leaves a husband and
one daughter.
Klevntor U named,
GARRISON, Neb., Deo, 21. (Special.)
The elevator of the Schaaf Grain com
pany hero burned to the ground Friday
morning. It contained about 10,000 bushels
of grain, part of which belonged to
farmers llrlng near here. The total loss
Is estimated at $12,000.
Valrltnry Woninn Injured,
RA1RBURY. Neb., Dec. 2i-(Speclal
Telegram.) Mrs. Henry Illtzer, wife of
a well known Rock Island passenger en
gineer of this city, sllpptd on the icy
pavement today and fractured her right
limb In two places.
CONFERENCE REPORT
PROBABLY WILL J3E
HELD UP IN CONGRESS
Farm IlrlnK HIkt I'rtce,
WAUSA, Neb., Dec. 21. (Speclal.)Th
Uroppor farm brought $1(2.50 per acre at
public auction today. Hon. A. II. Banks
was the purchaser. The farm Is' situ
ated a mile and a half southwest ot
Wausa and Is well improved. Mr. Cropper
ilso told his stock and farm machinery
it auction and will move to Bloomficld.
(Continued from Page One.)
I'iiukIk that I'revem Sleep.
These coughs are wearing and if they
hang on" can run one down physically
ir.d lower the vital resistance to disease.
Mr. Bob Ferguson. 319 Pine St., Green
Bay, Wis., writes: "I was greatly
troubled with a bad cough that kept me
nwake nights. Two Mnall bottles of
Foley's Honey and Tnr Compound com
pletely eured me " This medicine 's
,'il'y good for croup, whooping cons
ture and the comptroller ot the currency.
When telegrams favoring Seattle were
presented to the senate today by Senator
Polndextrr Senator Burton declared that
the organization committee should be left
entirely free from outside influences In
determining where the new banks were
to be located. If it were practical, he
declared, congress should pass a resolu
tion that no senator or representative
should use his Influence with the com
mission. The conference agreed to leave Alaska
out of the new system.
firrr Dond Provisions,
The new provision for the refunding
of the government 2 per cent bonds and
the retirement of the present national
currency is as follows:
National banks may make application
to the treasurer of the United States to
have their bonds sold at per and ac
crued Interest. The treasurer will pre
pare a list of all such applications and
furnish it to the federal reserve board.
The latter may compel the regional re
rerve banks to purchase annually a total
of not more than $25,0000) of these
bonds.
The purchaie money for the bonds
will go to the treasurer, who will pay It
to the banks selling the bonds, first de-
I dueling idoiikIi to rover the value Of all
the hs: notes at 111 outstanding. The
regional ieerve banks that purchaso
be permitted to take out
in-'aMrs cough and for the chronic coug.i.t
ot elderly people it is soothing nnd the Iwnds wil'
I eallng an" stops ticKiing tnroat. j'or an amount or new currency equal to
cnle by all dealers everywhere.-Advei'- ; the par value of the bonds, or they may
iserucnt.
' I curn one-year gold notes of the United
Provision for Klnntlctty.
The new law will make little direct
chango In the operation of tho present
national banks, except to allow them to
loan a certain amount of their funds
upon farm mortgages. Its chief purpose
Is to add a new pleco of machinery to
tho banking system that "will tako up
the slack" during business changes of
each year; that will give tho banks a
placa to quickly convert their assetB Into
cash In tlmo of need, and that will bring
out new federal currency when It Is
needed and retire It when money be
comes "cheap."
Banks are now required to keep a cor
tnln perccntago of their deposits na-"reserves,"
part In cash In their own vaults
and part of which may be rcdeposltcd
In tho banks of Now York, Chicago, St.
Louh and other designated cities. In
times of sudden financial demands when
banks have loaned up to the full limit
of their resources, these reserves furnish
little relief, because If they arc paid out
to meet demands tho banks are left In
a precarious condition.
The basic prlnclplo of the new law Is
to get theso reserve funds out Into cir
culation when necessary without lessen
ing the safety of any bank; and to pro
vide a placo to which local banks may
rush in a crisis and get cash for tho
"prlmo commercial paper" they hold In
their vaults.
Heaervolrs of Heserves.
This is to bo accomplished through a
chain of regional reserve banks or "re
servoirs or reservees" In which all banks
shall deposit a stated part of the money
they nre required to hold as reserves.
Under the new system when a financial
flurry comes the banks can take com
mercial paper. Vch as notes, drafts and
bills of exchange to theso "reservoirs"
and secure the use of their own reserves,
or It necessary, even tho reserve of othor
banks, by depositing this security.
The now regional banks will receive
about one-half of the bank reserves of
the country. They, in turn, will be per
mltted to loan back to tho banks all but
33 per cent ot these reserves, so that In
case of emergency, millions of cashcan
be brought out into circulation quickly.
Tho banks will have to pay for these
loans, however, as individuals have to
pay for a loan from any bank and this
charge Is expected to prevent the too
free use of the reserves held by tho
reglonnl bnnks.
Xe.iv Form of Currency.
A now form of paper currency Is also
provided for to come out In case of
emergoncy nnd which is expected to go
back Into tho hands of tho government
when times aro normal. These "treasury
notes" will be printed by tho government
and Issued through each regional reserve
bank and will bear tho guarantee both
of the regional bank and the government.
If the demand for currency in any sec
tion of the country exceeds the HUpply
of circulating money, a regional hank
can secure this new money from the
government nnd put it into circulation;
but a gold reserve of 40 per cent nnd
commercial paper equal to the full value
of tho note must bo held as a reserve be
hind each note so issued. This provi
sion is expected to be the Influence that
will drive the new monoy back into re-
I tlrcmcnt when it Is no longer needed
The following analysis presents the de
tails of the new law without adhering
closely to the technical division or lan
guage of the measure.
At the head of the system will stand
a federal reserve board at Washington
appointed by the president and to con
sist of the secretary of the treasury, the
comptroller of tho currency and five
other members. Two of these shall
b expert bankers, but none shall have
banking affiliations or own bank stock
during their service. This board will
exercise general control over the entire
system.
Selecting IteaerTe Cities.
The temporary "organization commit
tee" or the federal reserve board, will
select from eight to twelve cities where
regional reserve banks shall be located
and will divide the entire country
geographically with these cities as the
centers of districts. All national banks
In a district will be required to subscribe
for tho stock of tho regional reserve
banks In that district and to keep a por
tion of their reserves there.
Local bonks will be known oh "member
banks" because they will own the stock
of tho regional reserve bank of their dis
trict. Each member will bo required to
take capital stock of the regional re
serve bank, equal to 6 per cent of tho
member bank's capital and surplus. Tho
capital ot the regional bank will Increase
or decrease, so that It always represents
6 cr cent of the combined capital and
surplus of all the banks of the district
that have joined tho system.
Nat'onnl bnnks arc compelled to Join
and state banks arc permitted to If they
bring their reserve requirements up to
the standard ret for national banks and
submit to national examinations.
Piibll'- ownership of the stock of the
regional banks Is permitted only In case
enough banks do not join in any district
" regional bank's paid-in capital theso
earnings are 10 go inio me i mien outim
treasury, Tho remainder of tho net
cnrnlngs are to bo divided between the
payment of n United States franchise tax
nnd tho crentlon of n fund to guarantee
the payment of depositors In member
banks that may fall.
With the machinery thus created for a
new banking system that ts supplemen
tary to the commercial hanks of the
country, the law provides for a gradual
transfer of part ot the bank reserves to
these now "reservoir" banks. In order
not to disturb bustnch! conditions or to
withdraw .ton suddenly the lieavy de
posits ot country banks in the large cities
tho law provides that two years may be
consumed in shifting these balances, nnd
that, if necessary, part of tho reserves
transferred to tho regional banks may
consist of commercial paper.
The amount ot resorvo required from
every bank under the new law and tho
place whero It must bo kept is as fol
lows; Country Banks Total reservo required.
13 per cent of demand deposlis and 5 per
cent of tlmo , doposlts. Four-twelfths
must be held In tho bank's own vaults,
2-12 In tho regional reserve bank for tho
first six months, Increasing 1-12 each six
months until It reaches 6-12. After two
years tho remaining 3-12 of tho reserve
must be kept either In the country banks
or in tho regional reservo bank.
Reservo City Banks Total reserve re
quired, 15 per cent of 'demand and 5 per
cent of time deposits. Six-tlfteenths
must be kept In the bank's own vnults;
3-15 In tho regional reserve bank for tho
first six months, Increasing 1-16 each six
months until It renches 6-15. After two
years the remaining 3-lfi ot tho reserve
must bo kept either I nthe bank's own
vaults or In tho regional reserve bank
Church rirs Does Zdttls Dmr
Hpontnneous combustion started a blno
In the con! cellar of tho Notth Side
Christian chun'h at Twenty-second and
Lothrop streets Sunday afternoon which
gave the fire department quite a bit r.f
trouble to extinguish. No damage wns
done to the church.
library for Another School Another
request for a branch library in a public
school has been made to Mls.s Edith
Tobltt. tho city librarian. Pacific school
Is the latest to ask admission to the list
of schools so favored, and the request
will be granted soon after Janunry 1,
according to the library authorities.
To Sptnd Christmas Kate The chief
engineer nf Knlrbury's municipal water
nnd light plant, Daniel U Cahlll, will
spend Chilstmns In Omnha with his par
ents, Mr. nnd Mis. D. W. Cahlll of :iS72
Seward street He will he accompanied
by his young bride. Mr. Cahlll Is a
brother-in-law of Frank Carry of the
Carey hotel.
Reckless Driving Oais Continued C,
A. Burls, 4u2 South Thirty-sixth stre;t.
had his hearing In police court for reck
less driving of an automobile continued
until Friday. Burls struck Officer Roboy
with his car Inst Saturday evening as
Robey was crossing Sixteenth and
Leavenworth streets' nnd dragged tho
officer icvernl feet before he was ablo
to stop his machine.
Wabash Road Defaults To the St.
I.ouls division of tho federal court, T. B.
Fnuntloroy, special master, has reported
that the Wabash rond Is In default, both
principal and Interest, on bonds aggre
gating $tt,!30,OOo and recommends that
the trustee for the first refunding and
extension mortgage he adjudged to ho
entitled to u decree providing for the
foreclosure salo ot tho entire property,
subject to prior liens.
Central Reservo -City Ban), (.New York, lm: Holltu Twetloth street, at-
Chicago and fit. Louis) Total reserve re
quired, 18 per cent ot demand and r per
cent of time deposits. Slx-olghtecnths
must be kept in the bank's own vaults;
3-18 In tho regional reserve hank for the
first bIx months nnd 6-1S thereafter.
After six months tho remaining 6-1S may
bo kopt In the bank's own vaults or in
the regional reserve vault.
The Immense funds or reserves trom
"member banks" together with govern
ment moneys will moke up the deposits
of the regional reserve banks. Each of
these banks will be administered by a
board of nlno directors, six of whom will
he elected by tho bank ' nnd three ap
pointed by tho federal reserve board.
Tho regional banks may rediscount
that Is, buy at a discount from Its mem-
ber banks "prlmo commercial oaner"
when tho member banks desire to con
vert these assets Into money. The exact
terms of this Important provision as to
the character of paper upon which the
regional reservo banks fnay furnish cash
are as follows:
"Upon the indorsement of any of Its
member lanks with a waiver of de
mand notice and protest by such bank,
any federal (regional) reserve bank may
discount notes, drafts and bills ot ex
change arising out ot actual commercial
transactions; that is notes, drafts and
bills of exchange Issued or drawn from
agricultural, industrial or commercial
purposes or the proceeds of which have I
been used or are to be used for such ,
purposes, the federal reservo boaid to
have tho right to determlno or define
the character of tho papers thus eligible
for discount within the meaning of this
act.
"Nothing in this act contained shall he
construed to prohibit such notes, drafts
and bills of exchange, secured by staple
agricultural products, or other goods,
wares or merchandise from being eligible
for such discount, but such definition
shalt not include notes, drafts or hills
covering merely Investments or issued or
drawn for the purpose of carrying or
trading In stocks, bonds or other Invest
ment securities, except bonds and notes
of tho government of the United Stutcs
"Notes, drafts nnd hills ndmltted to
discount under tho terms of this para
graph must have a maturity at thetlme
of discount of not more than ninety days,
provided that notes, drafts and bills
drawn or Issued for agricultural purposes
or based on live stock nnd having a ma
turity not exceeding six months may be
discounted in an amount to bo limited
to a .percentage of the capital of the
federal (regional) reserve bank, to he
ascertained and fixed by the federal re
serve hoard.')
Tho regional banks may also 'discount
"acceptances based on the Importation
or exportation or domostlc shipments of
goods."
tempted to take cnrbollc acid at her home
In an effort to end her life, but was pre
vented by tho timely Interference of ner
husband, Officer Sam Relgelmnn was in
structed to Investigate the affair and he
discovered that some family troubles
wore responsible for her net. She prom
ised never to try It again nnd was left In
the enro of her husband.
Weak of Christmas Dinners The In-
ter-Denominutlonal People's1 Mission ft
-renin ana wougn streets will conduct a
turkey dliincf' from Christmas till New
xears a ay, ana. win nolilsprclal exor
cises with a Christmas tree Wednesday
evening at S o'clock. The mission work
Is conducted In the old- City Mission
building by Rev. A. Wngncr and Rev
W. C. Cannady, and Is especially In
tended for colored people.
' Evldsno Hot Sufficient No complaint
was filed agalnBt Joo Armstrong and
George Howard, who were nrrcstod In
the raid of tho Carleton hotel barber shop
Saturday evening, because of Insufficient
ovldencse. The bond money, $30 for each,
was refunded to Howard In police court
City Prosecutor Anheusor said that the
evidence was Insufficient, whlio Sergeant
Vanous, who conducted the tald, ml
mltted tho ovldence wns slight.
Thoro's no disappointment
wherovor n KINO-PECK
robo goes. Mighty choice
patterns nntl a groat range
to choose from
in
0
SI
11
i
$5, $6.50, $7.50, $10, $12.50, $15
Wondertful Varieties of
FUR CA PS
All modestly Friccd
Whou you give a fur cap you
give a sensible gift. Wo show
a wide rango from tho Inexpcn
hIvo to tho best grades. Wo
warrant every cap to bo de
pendable. $2.00, $2.50, $3.00 up to $12
;.
l5p
Optn Ersnings Until
10 P. M.
E3
I
7
KING-PECK CO.
"HOME OF QUALITY CLOTHES" m
Sixteenth at Howard Streets 111
n
WANT PRICE OF PERIODICALS
CUT FOR THE LIBRARIES
An effort to reduce the cost of peri
odicals used in public libraries Is Inter
esting the Omuha library hoard. Presi
dent C. N. Hletz of tho board has sug
gested that libraries become their own
agentK in tho matter If the publishers'
association refuses to give more reason
able rates to the Institutions. 1
Miss Edith Tobltt, tho librarian, will
attend the annual meeting of the coun
cil of tho American library association
ut Chicago, January 1, when tho mntter
will be one of tho principal topics or ilis-
cusslon, Hho says that 11 is learcu y
library workers that the publishers may
raise tho rates on pcrlodlculs even higher
for 1IUI, and that the situation ts 1H
coming alarming to libraries throughout!
tho country.
CITY JAIL PRISONERS WILL 1
GET BIG CHRISTMAS DINNER
Prisoners and Inmates of the city JallJ
will Im given a Christmas dinner ncB
Thursdny. which Is calculated to remove!
the atmosphere of despondency thoyj
may bo experiencing back of the Bray
walls of the desolate cells. Chicken,!
roast pork, pie, cake, potatoes, cranberry
sauce, oranges, apples and more chicken
will be served on that day nnd It will boj
a grouchy prisoner, .Indeed, who can reJ
tain a disgruntled spirit after he has
partaken ot tho feast..
Bulletin No. 8
A Campaign
of Education
The Persistent and Judicious Use of
Newspaper Advertising Is the Rond to
Iluslness Success.
ORIGINAL
GENUINE
The Food-Drink for all Aces
Rich milk, malted grain, in powder form.
For infants, invulids and growing children.
Purenutrition, upbuilding ih whole body.
Invigorates nursing motherland tb aged.
More healthful than tea or coffee.
Take ne substitute. k for HORUCK'Ifi
Your advertising cost; j
what should it be?
"Keeping everlastingly ut it brings, suc
cess," is tho motto of one of tho foremost ad
vertising agencies in America.
How much will it cost to make good this
motto depends uppu tho article to bo adver
tised, the possible extent of sales and tho cir
cumstances of competition and distribution.
Established businesses appropriate as
low as 3 per cent, and now ones as high as 8 or
10 per cent of tho grosa sales. The average is
about 5 per cent; seldom may it be less if ade
quate results aro to be obtained.
OMAHA AD CLUB
of the
ASSOCIATED ADVERTISING CLUBS OF AMERICA
REST AND HEALTH TO MOTHER AHD CHILD.
Med for crytr SIXTY YKAR8 by MILLIONS ot I Ino" rT1m Street
uoTiinns for their ciui.uKHN wiui.a
DENTIST ( 1
DR. BRADBURY
XnUTIUNO. with l'KRHKCT 8UCCHSH. It
eOOTHKH the CHILD. BOFTKNft the OUM9.
ALLAYS sll PAIN ; CU.tltS WIND COLIC, snd
Is the bett lemcily for DIARRIICF.A. It It t
olutely hirmles. Be sure n4 nk for "Mr.
U'lmlow's Boothiag Uyrup." and ULa bo oUitf
Wad. Twcntv-fiTt ccaU a boUJe.
Rxtractlng 28c Up
Flllincs OOo Up
lirltlgcworlc .....82.00 Up
Crowns 2.00 Up
I'Utea SS.00 Up
Phono Dong. 1786
30 Tsars Sun Olflo.
LtBM Jllsslnc Teeth nnnUe6
without Plates or Bridget
work. Neive rcnorid
without pain. Work car4
antced ten yean.
"N
s
Dixie, limited
Leave St. Louis. 8:54 P. M.
Leave Chicago; .9:10 P.M.
Leave St. Louis. 3 :00P.M.
Leave Chicago 11:10 A.M.
furnlBh th "elastic" element In the cur-1
rency system ana to ana 10 mo coun
try's circulating money In tlmo of need,
will come into use In the followInK way:
The notes will bo printed by the gov
ernment with a distinctive stylo for eacn
regional reserve bank. One of the three,
directors named by the federal reserve
board for rau regional bank will b
known as the "federal reserve nent" for
that bank and a supply of tho notes will
be placed In his custody.
Hhould a regional bank desire to pay
out more money than its cash resources
will icrnilt. the law provides that It may
put' some of Its redlscounted commercial
paper Into the hands of the ''federal
reserve agent" and receive In return the
new treasury notes. For each nolo that
it puts Into circulation the regional re
serve banK must sot aside in gold
per cent of the value of the note, a a
guarantee for Its redemption.
Injnred In n Klre
.or bruised by ft fal'.. apply Hi.cklen's
Arnica halve. i:urs burns, cuts, wountis, ,
bolls, sor-s. xiuu. piles Guaranteed.
Sc. for sulc by your drugs t. Adver '
llsement. (
2
2
The Persistent una Judicious Use
Newspaper Advertising Is the Itoad
Uulneis Success
i
TRAINS DAILY TO FLORIDA
Electric Lighted Pullmans Dining Car Service
Via Nashville, Chattanooga and Atlanta
The Scenic Route-N. C. & St- L. Ry.
For fiirthpi' p.'irlifHilui'.s, sleeping ear rescn ntions, etc., address P. 0. SWEAT, Western
Passenger Agent N. C, & St. L. Ry., 1852-4 Railway Exchange Bldg., St. Louis, Mo.
447 Sherdley Bldg., Kansas City, Mo.