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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
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
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
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
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.
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
CLOSED UNTIL NOON
On Saturday, May 30th
t6 give employees an
opportunity to observe
in a fitting manner.
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.
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.
For Your Pick
We Have Had on Exhibition for Three Days
2,500 Yards of 5i-lnch All Silk Taffeta Ribbons
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
.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
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
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