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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (May 30, 1914)
THE BEE: OMAHA, SATURDAY MAY 30, 1914. RUSH FOR EXCHANGE STOCK Holders of Seats on the Grain Ex change Reaping Big Reward. MAmr APPLICATIONS ARE FILED Shnrvn thnt Sold or Trro llnnilrcd Dnllnrs Samp Time A no nrtnalna ISIctht Hnndrrd, Vlth Prac prcta of Vjolnir lllnhrr. There li k ruh to buy nUJck of tho Omaha Grain exchange, but the proijwc ttve hujrtrs arV' finding but Utile on the market, owing to 'tho fact tliat 'present holder rekar It jroorf property to keep. The tk bf the Qmahi Drain exchange aRrreffntes tlPO.too., divided Into aharea of 500 each- Owing to the proeperoua con dltlon of the ixch'&nge and the. decision to erret a buHflinB' on thn site at Nino teenlh ana Harney .atreeta, thee aharea havo Jumped b tMi6, IS0O and are hard to rrtt evn f Ihew "price. Secretary WAheneaier Is In receipt of numerous ppflcalc?n' f or stock of tho ex chatuje. niajnKioniln"-; from outalde tlj city, while others arc from peraons re sJdtnsr here, -nhb are -anvlou to prat hold of from one 16' Ilve-aharea as Investment-.. A few years -ago-' the iitock waa hawked h bo ut town at per ahare and some of It was sold eveji a low as JJflO. However, thAt waa befofe Omaha became a real grain market, Aecp'nd only to Chicago In wheat and1 leodlhe-lt In com. Chfnp -nt thn Price. . Men who arp'-not speculators, tout who buy and sell-property on a basis tof whaY It will earn insert that Omaha. Grain exchange stock 'Iri cheap At S700 per share and that tnafderpf a year It wll) b nll Ing at $1,000 nd Inside of flvo years At JOOO per shareTh business will rnafle It pay inteestmj this aUm, they conterid. At this time the exchange haa more than $135,000 Jrl Its treasury and no debts. Besides, It bwns.lho corner" at Nineteenth and allrney streets, bought at about 0,ft)0. but tallied at JlOO.Ono by many ut the leading real estate dealers of tho city. While the Omaha exchange Is not a cloee corporation, the stoek that Isout Indicates that the membership I but 19.' Twenty thousand dollars of the stock Is still held In the treaaUry, never having been offered for salo At any price. This, at Its present price, members fcnl, is n nice little neat egg to hang on to 'and when It gets high enough It msy be of fered, but not until then. Worklnt on Pinna, As to the net exchange building, the plana are being worked out and probably Inslde of a week they will be In the handa of President lllnes for Inspection. As soon aa they are approved, bids for the construction of the building will be Invited and soon thereafter the work of Construction will begin. The plan of building haa not been de termined and consequently two sets of plans will be presented. One will call for an eight-story building, covering one or the lots and a part of the other. The sec ond set will contemplate a four or five story structure, covering the entire 1(9x152 feet of the site. Applications for Honms. Applications to rent rooms In the new exchange building continue to pour In on Secretary Manchester and at this time there are enough prospective tenants to take all of the space with the exception of the storerooms on the first floor.' On the retail baels charged In other buildings In as good a location the appli cations already would bring tho rent for the, first year' of occupancy up to about $36,600. While the prices have not' been fixed, It Is Asserted that; th rent' of the storerooms would add perhaps fcfyOOO to $25000 more to the income. TO QUIT PAYING ELEYATION To Stop Practice for Which They Have Fought for Years. DRAIN MTTST BE BLENDED firnln Men Think tlint the Clin tine 311 Kill .Vol Affect Omalin Mitch, ns lrnlnMnnt lip denned nnit Gmilrd. Another Collrn; Irrt. Douglas Neff, captain and shortstop of the Vnlverslty of Virginia base ball team, has signed a contract with the Wash ington club. Ho will report ab6ut the middle of June. The railroads ore about to break nway from a policy that has beon In force so long that It has prnctlently become an unwritten law. They are about to dis continue paying elevation charges on grain going through the elevators at all terminals where grain Is handled. The Idea of doing away with elevation charges comes after the question haa been considered In all of Its phases. This week a meeting of freight traffic of ficials was held In Chicago, with tho re sult that elevation charges are elated to go, though no time his been set for abol ishing the rule that has maintained for many years. How abolishing the elevation charges will affect the grain markets of the country, such as Omaha, Chicago, St, Louis and Kansas City, grain men are not prepared to say. Soma are of the opinion that It wilt result In eendlng grain from the country to the seaboard Without stopping It at market towns, where In the past It haa been unloaded Into the elevators and blended and thonce distributed, or held In storage. Other grain men contend that the only change tint will bo brought About will bo that the market price will continue along ns n the past, the elevation chargca being taken out The grain men1 who fall trf see any change, so far as helping, or Injuring any one market Is concerned, take the position that before grain reaches final destination It must be blended, graded and cleaned and that In the future, aa In the past, this will havo to be done at such markets as Omaha and Chicago, In a way elevation charges as paid by the railroad-, have always been looksd upon as ii rebate, but payment has nevsr been prohibited by the Interstate Com merce coinrfllssfen. Years Ago, when the plan of paying these charges was adopted, railroads bringing the grain In paid 'he charges, whlrh were as high as Wi cents por 100 pounds on all "kind of grain. Later tori the allowance "was "cut ta three fourth of a cent per let) pounds and pay ments on this basis Continued tor a num ber of years. Then a change was mado In the rule and by the railroads It was ngrced that the line taking the grain out should make the payments. Instead of th one bringing It in. At that tlmo the charge was reduced to one-fourth of a cent per bushel and has since been unchanged. COUNTY COMMERCIAL CLUB FORMED AT HAYES CENTER HATES CENTER, Neb., May 2?.-(Spc clal.) A Commercial club was organized hore last night with the following of ficers: R. K. Councc. proaldent, and J. II. Blocdorn, secretary and treasurer. Twenty-three- vlco presidents were also elected, one being chosen from each pre cinct In Hayes county, together with file three present county commissioners. The I primary oDjert or tne organization is me advertising of tho coilnty and sputhwest ern Nebraska. The work will bo done In conjunction with the counties ot llltch cock, Dundy, Perkins' and Chase. way of Fremont, Blair, Tekamah, Emer son, Wayne Norfolk and home. ThW will start July (. On July 7 a start will be made for Norfolk, Nellgh, Oakdale, Albion, Humphrey. Sertbner and home, stopping at all Intervening points. Prep aratlons arc already being made for the entertainment of large crowds expected. Kaeh succeeding year has Increased the popularity or the Wost Point race meet and this year Is expected to be a reeord breaker. The president of the Nebraska Speed association lives here. PETER HASSLER OF WEST POINT KILLS HIMSELF WEST POINT WILL BOOST FOR THE SPEED MEETING WEST POINT, Neb., May 29.-(Speclal.) The West Point Speed association has selected July 11. 15 and 19 as tho dates for the fifth annual circuit race meet at West Point. Two booster trips by train are planned. The first one Is routed by WEST POINT. May .-(Special.)-Peter HaBsler, a well known citizen, hanged himself to the rafter of his bam some time during yesterday morning. The ver dict of the coroner's Jury was that he committed the deed while Insane. His health has been falling for some months and it is thought that the fear of Im pending helplessness caused his mlctl to give way. Mr. Hasslcr was water com mlssloner of this city for many years and was a man of strict Integrity and upright life. He leaves a widow and seven young children In moderate circumstances. He was 62 years of ago and a native of Nas ,au, Germany. The funeral will be held from St. Mary's Catholic church on Sat urday morning, tho Cuming county Deutches LandWehr Vcreln, ot which he was treasurer, will attend In a body. l'oetltne.r-tlcnne. WEST POINT. Neb., May 23,-(Speclal.) The marriage of William Foellmer and Miss Dora Bennc, was solemnized at West Point on Wednesday, County Judge Dewald officiating. The groom Is a young farmer, tho son of Fred Foellmer. of this place and the bride .the daughter of Mr. and Mrs. II. 11. Benne of the north side. They will go to housekeep ing at once on the fine farm of the groom, north of the city. The Benson & Thome Store will remain CLOSED UNTIL NOON On Saturday, May 30th t6 give employees an opportunity to observe DECORATION DAY in a fitting manner. f Store Will Open at , 12 O'CLOCK NOON and remain open until 9 p. m. for the benefit of the many people who want to buy, and are never satisfied with any but Benson ? Thome's high type ap parel for men, women and children. For sensible, safe, promising investments, look over Real Estate Columns of The Bee Worth While Sales at Kilpatrick's No Monkey Doodle Business Saturday, But Five Hours of Strenuous SeNing-a Full Day's Busi ness Crowded Into the Morning Hours STORE OPENS at 8 A. ML. CLOSES 1 P. : Every Minute of the 300 Crowded To the Full With Value Giving Such as . Has Rarely Been Seen Anywhere and Perhaps Never Before in Omaha VpC THERE' Mk RE ACAMi There always isin this store. Scores have guessed our rea- . Flfcimd 9 llEaMvVlii son already, and many have commended our action. If there is anyone who cannot guess why, ASK US. Every attraction is a STAR hard to know which to use as a top liner, but perhaps HATS should be the PREMIER ATTRACTION. M 2 A HATSJUST in by express - nr I W" Arrived, Indeed, Thursday Choice Milaris! Tailored Hats! . . . Exquisite Panamas! FrMii ?rMt tki trianwY taris. IUI ptrtat, titfk, iligaiit nwrtkmiliw All so good that as far; as value is .concerned you could buy with closed eyes; Only question which is best and most becoming. ' Xo one will be allowed la tho department until 8 o'clock. None-laid aside for any one. No .favorites played. ; All will have an equal criaace. Each table will contain n fair representation. coo For Your Pick We Have Had on Exhibition for Three Days 2,500 Yards of 5i-lnch All Silk Taffeta Ribbons Per Yd. Just 250 pieces of the wanted, popular staple shade . Wo reserve the right to refuse to sell any to dealers. These are intended for our regular customers; not more than a full bolt will be sold to anyone. Some excitement Saturday morning just as sure as you live. Read what follows: Instead of 18c Per Yard To add to tho gonoral interest and mnko It fully rorth your while to do your tradiug Satur day a. inn wo-.aim to offer attraotions all oyor tho store. so that,whichover departmont you will visit you .wilUfina a WORTH WHILE SALE. Sik Section, 'p throw on tho counters all our crepes, pure silk praotically .oyory color 40 inches wide, at $115 instead of $1.75. . FOR 5 HOURS SATURDAY 8 A. M. TO I P.M. Wo will niafo you a pkirt to your -measure of any material in the Wool I)ross Goods' Section for $1.00. That is one. dollar Iqr.the making only. You. of course, pay for' the material. Sarao thno and place, wo will make one and two-piece drosBoa to your measuro for $5.00 material oxtra of course. Never before such splendid of fors;.' FITS every time or wo will not allow you to take the garments GLOVES SATURDAY .From 8. till 10, o'clock short lisje,. excellent. qualify, 39c per pair. Just about what' Bim ilar are priced at plsowhero, . nose who want $2.45 Long Gloves cloar to tho elbow and 12 buiton length, also, of superior quality. Some beautifully embroidqred; 79c instead of $1.25. As wo wxito this ad it is impossible for us to tell how many Oxfords and Pumps will remain from the Friday Sale. -Bht wo'aro not disappoint yon in any ovent for those who want snoes coiiuruay can nuy Saturday , morning, shoes which sold at $3.50,, .uu ancr$a.uu, for, per pair. . Wo promised to make it worth while for overy ono Saturday and so wo havo touched on items from tip to toe, head to foot as it were; and now so that thero may not bo an hiatus wo wlli refer to specials for tho rest of tho anatomy. Incidentally in pussing let us mention a LOT OP BAGS. Nowest shapes, grain, seal leather, long grain and black moiro silk, 59c for a dol lar's worth and a big dollar at that. Tell it in Gatht Mention it in tho streets of Askolon if you will let. there be rejoicing it. is eminently fitting that thero should bo, for now wo toucli on READY-TO-WEAR. Saturday morning go your way fresh from the Millinery Sale to the Suit Section 2d floor. Women's White Waists First One lot of shoer materials, embroidery trimmed, at $1.00 instead of $1.98. Ono lot of Voile Waists (beauties). Popular styles, $1.98 instead of $3.00. Handkerchief Linen Waists Very new, in white and peach, for $3.50 each. These surely are ponchos (Pardon!) House Dresses Porcales, Ginghams, Madras. Splendid qualities, 79c instead of $1.00. UTILITY DRESSES Can be bought only in our storo in tho oity of Omaha. New materials dimities, tissues, etc. Most useful and piactical house dresses over designed bv man or woman $1.00 to $2.98 Each. Excitement in the Children's Section will start soon as the clock sounds tho last stroke of 8 A. M. 75 Ooats Many colors, almost, as Joseph 's that is collectively, of course. All the minor ages 2 to 6, 6 to 14, 13 to 17 years. Sold M c For up to $15.00 eaqh BUW Pick Sheer "White Waists for bis girls 7Q4 instead ot ?1.50. DOZENS OF MEN HAVE approved our stand for Saturday. We will show appreciation to THEM ALSO. A very special purohase of Men's Nainsook Union Suits should sell at $1.00 indeed it is the same pattern as we sold last year at $1.50; Saturday 69c each. SWEETS? Yes, Indeed! Cobb's Candies! Woman's Hosiery Gauze lisle, 19c pair. Women's Hosiery Thread silk, 69c pair. Women's Union Suits Gauze thread, lace trimmed Dollar Suits; Saturday 69c each. And now you have gone up and down with us, we are ready to close ONE P. M. SATURDAY. Let us reflect with tender hearts on those who half a century ago gave up their lives that you, yours and ours might on joy. the benefits of a glor ious Union one and undivided. Oh, how thin the ranks of the survivors are becoming! All honor to tho living. May this great nation never become so sordid, selfish and mercenary that it will deny these heroes the full measure "of honor from grateful and thankful hearts. i