THE BEE: OMAHA. WEDNESDAY, JULY" 18, 1917.
10
NEW YORK STOCKS
Stocks Experience a Further
Price Shrinkage, But Sally
During Last Hour of
Market.
New York, July 17. Stock market prtcei
experienced further shrinkage for a time
today on a decided diminution of business,
but rallied briskly on the broad covering
movement of tba last hour. The game fac
tor which have militated against improve
ment for the last fortnight were again In
evMenee, although call money kept within
moderate bounds, at no time exceeding (
per rent. Time loans hardened appreciably
for all dates.
The course of the market during the first
half of the session pointed to its absolute
domination by speculative interests and the
maintenance by that clement of Its bearish
attitude. This was accentuated by unfav-
orable reports of conditions in the bteel,
Conner and Motor Industries.
Forelicn happenings also received leas fav
orable interpretation, the break in the Rus
sian cabinet and a reported bait in the
offensive on the eastern front being fol
lowed by a sharp decline in rubles to 22,
wtihin a point of their minimum.
An Irregular opening gave way to moder
ate improvement whlrh was soon succeeded
by a series of bewildering reactions and
rallies. Lowest prices were made during
the intermediate period when United Htatcs
Steel fell 2 points to 1184. other indutarials
and equipments losing as much or more.
Heaviness was more pronounced in the
Motors and recognized war issues, Jlmwell
dropping i'4 and New York Air Brakes,
i. Ulls also yielded 1 to I point with Cop
pers and rihlppings.
Steel's rebound to 121 Ti shortly before the
clo infused most of the active Issues, rails
also Joining In the movement with Sugars
and Tobaccos. Total sale amounted to
eiS.OOO shares.
Trading In bonds In the open market
was irregular and restricted, but a far
better inquiry was reported by dealer in
P-lvate sales, especially for railroad Issues.
There wss a falling off In offering of
Liberty 3 'is, but quotations again ruled at
.40 to M4 for regular lots. Total sales
of bonds, par value, f 2,15,000,
United (states coupon and registered Is
rose U per cnt on call, the coupon issue
losing per cent on sales.
Number of sales and leading quotation on
tr. stock market;
Bales. High. Low. Close.
S,;oo II 0'4 0',i
1,200 44 4 4tVt
400 It 1iM It
1.100 11 10 71 4
fi.100 10(H loau 10314
13.400 124 'A 1214, 1234
100 120V,
1,100 221 22 22
14,100 7IV4 ItK 7S
Am. I)!t Sugar...
American Can
Am. Car & Fndry.
A m. Locumo live..
.Am. 8. Hcfne...
Am. Filter Refng.
Am. Tel. 4k Tel. .,
Am. 2. Lead ft 8.
Anaconda Copper.
Atchison 1,700 10114 100, 101
A.-G. & W. 8. . I ,700 104 19S 107V,
Tiatttmore A Ohio.
Bulls Sup. Cop.
C'al, Petroleum..,.
Canadian Pacific.
Central Leather...
Chesapeake ft Ohio.
C, M. St. Paul.
Chicago ft N. YV.,
C H. I. ft P. ctfs,
Chlno Copper
00 71 7i
11 1t
... 7
1
1631, 1C34
' 84V, SStfc
1,500 15'
MOO tt
450V4
721,
1,400 13 H
10
:i
M4
t
2414
l
41
24
600
8.100
1,600
2H
S24
414
1214
IS
4044
Colo. r. ft Iron
40 44
4 v;
42S
241
25
4'orn Prod. Refng. 16.700
Crucible Steel
16.400
Cuba Cane Sugar..
Jiistlllers' Security,
rcn
General Electric...
tinners 1 Motor. ...
tit. Northern pfd
C,t. N. Or, ctfs...
Illinois Central....
. 4,0O
6,000
3,00
23V,
25 'i
00 157 'A l&O'i 15i
14,500 117 1144, 11IH
200 105, 1054 101)4)
4,000 14 Vs S3 ft SJli
1014
2214
214
241,
2144
42
127
g4
tbVi
2DS
S3 Mi
91
2144
Inspiration Copper.
Int. M. M. Vfd....
o.ion
le.ioo
2,700
8H
21
141
65 '4
244
(4
Inter. Nickel......
Inter. Paper
K. C. Southern....
Kennecott Copper..
200
V,600
424 42H
Louts, ft Naslt...,. ......
Maxwell Motor..,. 1M00
41
40
33'i
114
27 H
1 sH
ItV,
S9',
ti
Jlex. Petroleum...
Miami Copper
Missouri Pacific.,.
2,000
i,oo
2,100
Montana Power.,..
Nvada Copper.... 400
N. Y. Central 1,400
N. Y. N. H. ft H. 1,M0
0
3(14
v
Norfolk ft West..
Northern Pacific.,
Paciflo Mali
400 122
122V4 is:vt
100 102 4 101
101
27
II
K3VL
68 4
264,
1
27
2214
23
. 274
(314
400 27 27
Pactfie Tel. ft Tel
Pemtsylvsnla 0
Pittsburgh Coal... 2,200
Ray Con. Copper.. (.100
Reading 7,200
Rep, Iron ft Steel. J 1,100
8hat. Arl. Copper. 1,100
Kouthern Paciflo., 1,200
Stouthern Railway..
Sludebsker Corp... (.700
(314
64 44
2714
27V4
2744
2414
(
ft
(314
(3
2644
(
S4
!2
ti
(2
66V,
'! Co. ......... 2.400 101
144
11314
L'nlnn Paciflo 2,000 127H 136 12414
U. 8. Ind. Alcohol. M00 162 1B 167
V. H. Bteel 217,200 131 1144 151
V. S. "(eel pfd.... 200 112 117 11244
Utah Copper. MOO 104 10114 1024
-Wabash pfd, "B"., , JJ
Western Union...,,,.... ... ... H
Westlngh. Electric. 1,109 4H 42 t 421,
Total ! for th day. 276,000 share.
New 1'o'k Money Market,
New York, July 17. Mercantll papsr,
4 H per cent.
Sterling Exchange Sixty day btlli. S.tte:
rninmerclal sixty day bill on banks, 4.Tlie;
Mimmerclal sixty dsy bills, 4.7114c! demand,
4 76'ic; cables, 4.7 l-18c.
Silver Bar, I0K. Mexican dollars, 2IU.
iionds Covernment, tlrm railroad, lr.
regular. . . .. .
Time Iisn Strong; !xty y an ninety
tlsTs, 4Vi4c; six months, ttBAc
Call Money Strong; high, I per eent;
low, 2 per cent; ruling rate, per cent; isst
losu, J' per cent; closing bid, 2 per cent;
offered at J' per cent.
V. 8. 2 reg-
do coupon
V. S. 2 reg
do eoupwn
tj. 8. ta reg.
do coupon
UInt. M. 'M. 6s.. 4
. Vi'K. C. S. r. 6s.. 8114
. 2914L. ft N un. 4s... llVfc
. 14 Jf. K. ft T. t 4 68
.10414 Mo. Pac . 4.. 60V,
.l04V4Mont. Power 6 26
Pan. 8 coupon 80
N, T. Cea O. 6 iu!
Am..r. 8. &.. IT
No. Paciflo 4s.. 67
T. ft T. c. 6s V de 8 "
Arm. ft Co. 4H lHOr. S. U r. 4 33V4
'Atchison 6f. 4.. 8Pac. T. ft T. 6s 7i
B. ft O. 4s .... 644pnn eon.' 414sl01
Cen. leather 8 24 tdo gen. 4V4. 6V4
en. Psciflo lt 24 'Reading gen. 4 6
C. ft O. e. 6s.. 82H S L ft S V a 6 66V4
C B ft Q It 4 6614SO. Pao. e. 6.. S4
C M ft 8 P g 414 4V4 dO ref. 4 6
C R I ft P r 4s 71 'So. By. Is 8744
C. ft S. r. 4V4 7 T, ft Pe.lst. 83H
. ft R. (1. r, (s 0HTJnlon Paciflo 4a 6IV4
Dom, of Can. Is 2614 do cv. 4 8114
Erie gen. !... 61HIT, 8. Rubber So.. 8414
(Jen. Elee. 6a. . .in644tT. & Steel (a,. 1044
Qt. No. 1st 414 6 Wabah lat ....100V4
till. Cen. r. ,.. 2 44Weat. Un. 4140 32
, 'Bid. 1 0ffered.
New York Gnteral Market
New York. July 17. Flour Irregular;
pring patents. 212.16012.40; winter pat
ents, 111.6011.76; winter straights, 110,80
11.11; Kansa straights, fll.0l2.46.
Wheat Spot, strong; No. 1 hard, 62.46, t
a. b gulf.
Crn Spot, slrons; No. 2 yellow, 12.0614,
e. 1. f., New York.
Oats Spot, firm: standard, 81 14 82c.
, Bur ley Busy; malting, $1.(081.60, f. o.
o , New York.
. Feed Firmer; ' western bran, 100-pound
sacks. 834. 2i; sandard middlings, 244.00;
city bran, 237.00.
Hay Dull; No. 1, tl.10tn.lt; No. t. 81.00
01.OS; No. 3, 8(4) 6c; shipping, 76 2 80c.
Hides Steady; Bogota, 43 '4 0; Central
America. 42c.
Leather Firm; hemlock firsts, 6"e; so
nd, tie.
Pork Steady; mes, 242.00(142.00; family,
fi3.OO44.0O. , 1
Lard Easy; middle west.1 2180011.20,
omlnsL ' t
Wallow Weak; city special, loose. 14e.
Wool Firm; domestic fleece, Ohio and
Pennsylvania. 65c. .
Rice Barley, steady: fancy head,. !4t
24ic; blue rose, S H J lie.
Butter Unsettled; receipts, 10,(36 tuba;
creamery, higher than extras, 383H4e;
creamery extras I2 score), 3214c; flints,
7143814e; seconds, 2i4JI14e.
Eggs Irregular; receipts. 12,(72 case;
fresh gathered extras, 38t2tc; extra first.
Z(!4$J7c; firsts, 2(P2c; seconds, 32024e.
Cheese Weak; rereipta, 1.618 boxes: state
fresh specials, 23H(23Hc: state fresh spe
cial, average run, 232)22 14c
Poultry lressed, dull; chickens, 18 (file;
fowls, 16826c: turkeys, a)iZ.
Are You One of Them?
There are a great many people who
would be very much benefited by tak
ing Chamberlain's Tablets for a weak
or disordered stomach. Are you 011
of them? Mrs. M. R. Searl, Baldwins
ville, N. Y relates her experience in
the use of these tablets: "I had a bad
spell with my stomach about six
months ago and was troubled for two
or three weeks with gas and severe
pains in the pit of my stomach. Our
druggist advised me to take Cliam
berlain's Tablets. I took a bottle home
and the first dose relieved me won
derfully and I kept on taking them
until I was cured." These tablets do
not relieve pain, but after the pain
has been relieved may prevent its rc
vrence. Advertisement
CHICAGO CK.4IX MARKET.
Soggeetlon of Prolonged Hostilities Again
Bead Corn Price Higher In Tit.
Chicago. July 17. Suggestion of pro-
lonsed hostilities Instead of fresh Indie'
tlons of peace, turned the corn market up
ward today and brought about sharp gains.
Price closed firm, V4414c net higher with
September at 81.60 and December at 21.13
ty 1.12 44. Wheat finished steady, 214c off to
1 fee up at 22.07 for July and 21.23 for Sep
tember. Oat varied from 14 0 net loss to
14o advance and frovUions closed un
chanced to 17 low.
Disappointment over the failure of peace
talk to take definite form was evident
throughout the day in the corn market. In
this connection a decided majority of trad
era appeared to believe that selling had been
overdone and that a rally was inevitable
from declines which had carried prices
down more than 18o within a week. Bullish
sentiment became more empbatio still when
the fact developed that corn for Immediate
use was acarcer than ever and had risen to
23.02 a bushel for No. 2 white, a Jump of
2c a bushel above th previous topmost rec
ord value. Cold, wet weather In Illinois and
other Important states formed an additional
stimulus to buyers, desptts official predic
tions of a change to warmer temperature
and to mora sunshine.
Irregularity of fluctuation waa th most
noteable feature of the wheat market. The
September option sagged under selling by
house with eastern connections. Report of
progress at Washington toward general sup
port of the food control bill were surmised
to have had considerable to do with the
selling. The July delivery was unaffected
by Washington advice and seemed to act
In sympathy with the strength of corn.
Despite rain that Interfered with har
vesting in part of the Ohio valley, oats
parted company with th corn market and
underwent a setback in price. Aggressive
Belling on thejiart of leading house waa
ascribed to favorable report regarding the
oats crop as a whole.
Lower Quotations on hogs weakened pro-
visions. Th market waa also depressed by
talk of important Increase of th domestic
stock of lard.
Chicago Cash Price Wheat No. 2 red,
nominal; No. 2 red nominal; No. 2 hard,
nominal; No. 2 hard, nominal. Corn: No. 3
yellow, 21.3603.00; No. 2 yellow, 21.12; No.
4 yellow. 31.9!4. Oats: No. 3 white, 741P
761ic; standard. 7(7(!4c. Rye: No. J,
old. 32.12. Barley. tl.26Ol.60. Seeds:
Timothy, t4.0OS7.60; clover, 31 J 00 17.00.
Prevision: Pork. 240.(0; lard, 320.609
20.70; ribs, t21.U831.67H.
Butter Lower; creamery, 34JP7e.
Eggs Receipts, 18,762 cases; unchanged.
Potatoes Receipts, 70 cars; unchanged.
Poultry Alive, unchanged.
Coffe Market.
New York, July 17. Further losset were
sustained In th market for coffee futures
today a a result of scattered liquidation
and th close wat 10812 point net lower
and practically bottom for the day. A be
lief that European condition were less fa
vorable for peace and pessimism regarding
th effort of Brssll to sustain price had
much to do with th selling movement
Price at the opening were 102 point lower.
with only scattered buying, mostly profes
sional. Sales for th day, 24,000 bags; July,
7.76c: August, 7.88c: September, 7.6c: Oo
tober, 8c; November, 8.05c; December, t.lOo;
January, 8.10c; February, 8.20c; March,
2.24o; April, 8.29c; May, 2.84c; June, 2.82c.
Spot, irregular; Rio 7 scare and higher at
8c; Santos quiet: -4 quoted at 1014c,
Santo offer Irregular, with 4a, London
credits, quoted at 1.20a and 2 and 4s, 4ic,
cost and freight, American credit. Rio 7
war quoted at 214 82 44c, London credit.
The official cable reported no change in
the primary market, but Rio exchange was
1.12 a lower.
Local Stock and Bonds.
Quotations furnished by Burns, Brtnker &
Co., 442-52 Omaha National bank building,
Omahat I
Stocks Bid.
Asked.
Burgess-Nash Ce. 7 pet pfd...,100
Cudahy Packing Co. common. .198
Continental Q. ft Klec, ptd,,., ..
Curl I Aeroplane pfd 80
102
120
7314
24
Deer ft Co., pfd 19 'a
loo !i
60
106
3
42
73
100
10014
67
100
10314
6
86
2914
874
6744
10114
67
24
Deere ft Co common , 42
Oooch M, ft B. Co., pfd. 'n"..,103
I Omaha ft C. B. fly. A B. pfd... 60
1'inmna m v. jck ou Jiy, ccuuuun
Omaha ft C. B. St. Ry. pfd 70
Orch'd ft Wllhelm Co. 7 pi t pfd. 86 14
M. C FaUn Mill 8 pet pfd..., 62
Stewart Warner common 66
M. B. Smith ft Co. 7 pet. 1221-38 9'4
Union Stock Yard pet., stoek.102',,
Bonds
Argentina CoVt s, 1820. ...... 2714
Canadian GoVt Is, 1937 2414
Canadian N. Ry. 6. 1818 21
Cudahy Packing Co. 6. 1846... 18
Chicago Sanitary Dlst. 4. 1827. 87
Federal Land BK. 4HS, 1837, ..101
Montreal Tramway 6s, 113.... 26
Omaha ft C. B. St. Ry. Is. 1928 13
City of Om. Neb. P 414 1112-31 4.20
4.71
Pender, Neb., 6 pet Sewers, 1636.101
Sioux City. Stk Yds. 6, 1930.. 86 4
103
' 97
100
Omaha At hi. C. BKIg 6s. I8?0-32 68 S
Th ton. Neb. C. S. B. 6, 1630-83 4.60
4.75
United SUte Gov't 314. 1237. t
Wilson A Co. 6s, 1141 100
Russian IVis, 1336, 1,000 roubles.226
100
lot
22714
Kansas City Oenernt Market,
Kan City. July 17. Wheat No. I
hard. 23 4383.46; No. red, 13.288120;
July, 1 2.0414; September. 119.
Corn No. 3 mixed. 2l.owi-;
hits. 11.2(81. t July, 81.88; September,
I-0- . ......
Oats N. I wall. TO70e; flu. 1 roixea.
7J73o.
Butter cresmery. jioj rirsis, sic; sec
ond, 13c ! packing, 82o.
Eggs Firsts, lie; seconds, ite. ,
Poultry Hens, l5!c; rooster. H14o(
broiler, 26c
Metal Market,
New York. July 17. Metals Lead, weak;
spot offered at I10.63M. spelter, wees;
snot. East St, Loul delivery, offered at
38.10. Copper: Dull; alectroiytie, pnc ana
nearby, nominal; August nd later. 238.00Q
8.00. Iron, firm and uncnangeai. tin,
firm; spot, 262.00812.60.
At London Copper: spot, nw; luiures.
flSS- 10a; eleotrolytte, fl42. Tin! Spot, 4336;
future. f23 (s, Lead: Spot, 110 10s; fu
tures, t:i 10. Spelter: Spot, (4; futures.
160. '
Cotton Market.
New York, July 17.
Cotton future etbsed Irregular. July,
25.66c; October, 2(.2So; December, 2108c;
Jannary. 2Mlr; March, 26 29c; spot, quiet;
middlings, 26 86.
The cotton msrket today closed ateady,
with July 26 points lower and other positions
unchanged tp 6 points lower.
Liverpool, Jul 17. Cotton Spot, In re
tail request; price 26 point lower; Ameri
can middling fair, 12.69d; good middling,
16.2d; middling, 12.00d; low middling,
18.6id; good ordinary, 17.60d; ordinary,
17.10d. Sale 2,000 bale.
Dry Good Market.
New York, July 17. Knit good are being
sold for spring to about half th capacity
of th mill, th later preferring to aell
only a portion of theoutput for future
delivery at this time, th buyer being un
willing to order in normal quantities for
late delivery at current high price. Cotton
good and yarn wer quiet nd firm. Dree
goods are mors active, Birlsps ar higher.
May Raise $,000,000 Pool
To Buy Kansas Seed Wheat
Topeka, Kan., July 17. Kansas
campaign to have 10,000,000 acres of
land planted to wheat this year got
an auspicious start today when the
proposal of the State Council of De
fense to raise a pool of $2,000,000 to
purchase seed wheat received the en
dorsement of representative business
men from all sections of the state.
The seed wheat committee is ready
for business, it was announced, and
money for investment in the pool and
applications tor seed from farmers
will be received at Topeka.
24':lillilill.ll:iitli,l!it;lliil.il!l4!llM4;i.iil"l!liil!');i:ti,l
1 Our Furniture Pack- 1
i ers Are Experts I
i ant they are equipped with the I
necessary materials for pack-
I inty furniture, glass, pictures,
S ornaments, etc.
" If you are goinjf to locate
elsewhere let us crate and
wrap your goods for shipment.
Omaha Van
& Storage Co.
Pbona Douglat 4163
, 806-818 South 16th St.
l:Jii8u8n6ii8U8u2il6ii8ii8n6l;6TI6li8il6ll6lltli6u6ik.6i.a.6Iil
GOVERNMENT TO
TAKEOVER CANAL
Secretary Lane Gives Sanction
Desired by Irrigation Men
of Morrill and Scotts
bluff Counties.
Washington Bureau
of The Omaha Bee
724 lourteeDth St., It. W.
(From a Staff Correspondent)
Washington, July 17. (Special Tel
egram.) Secretary Lane today grant
ed the application of the land owners
and users of water under the old Tri
State canal in Scottsbluff and Morrill
counties that it be made a government
project and that Uncle Sam act as its
trustee.
This action was taken after a con
ference with the Nebraska delegation
and the representatives of the land
holders last Saturday. The sanction
of Secretary Lane means that the
management of the canal shall vest in
the reclamation service, and is a real
benefit to the water users under the
ditch, which covers some 60,000 acres,
50,000 of which are planted to crops.
Means Big Saving.
This means a saving of $700,000 to
the water users and reduces the inter
est charges from 6 to 4 per cent and
what is still more important it legal
izes the government plan of pay
ment on the balance of the bonds out
standing, namely 2 per cent of interest
and principal on bonds shall be oaid
for each of the first four years, 4 per
cent tor the htth and sixth vears and
6 per cent for each year thereafter for
tourteen years.
Judge Kinkaid, who has taken the
liveliest interest in the government
taking over the management of the
in-btate canal, said that it would uni
fy the whole question of drainage in
the North Platte valley. "The ditch."
said Judge Kinkaid, "carries all the
expenses. Ther are no charges on
the-government tmder the terms of
the agreement. Under the arrange
ment every farmer and every water
used will be benefited.
"Secretary Lane's decision will give
new impetus to this great domain and
insure its future prosperity."
Lobeck Comes Back.
Congressman Lobeck resents hav
ing his Americanism impugned by the
secret head of the State Defense
league of Nebraska, who states over
his own signature, "that uoon everv
proposition involving the safety of our
country Mr. Lobeck has voted against
the president of the United States,"
and that he has never voted right on a
patriotic question.
Mr. Lobeck prepared a repfy to Mr.
Metcalfe's statement as- follows:
"Voted for the armed neutrality bill
at the close of the Sixty-fourth con
gress: voted for the declaration of
war against Germany; for the $7,000,
000,000 bond and loan to allies issue;
for all army and navy bills: for the
war revenue bill passed by the house:
for the food conservation bill; for the
aviation bill; for every measure large
or small which had the approval of
the president, the purpose ot which
meant the successful prosecution of
the war against Germany and had no
hesitancy in so doing so."
Find Much Red Tape.
W. J. Boyle, Hush T. Birmingham
and W. B. Stannard of O'Neill, a
likety trio of Sixth district young men.
two fiwhom are graduates of the
University of Nebraska, are in Wash
ington thoroughly disgusted with the
red tape surrounding entrance to the
naval reserve corps. They reported
to the naval training station at
Charleston, S. C. but found they were
a day too late to be received, notwith
standing they were told in Webraska
that they would be in ample time.
Now they are in Washington looking
up conditions for all three want to
join the colors.
Everything closed m the navy,"
came a reply to utige KinKaias
query, "except aviation."
"xou know that's a pretty nignty
proposition, said the judge as he
looked over his spectacles at his
young constituents.'
K u-..'. 4iwji i mm nm
AM18KMKNTS.
BASE BALL
OMAHA VS. DENVER
July 17, 18, 19
ROURKE PARK
Wednesday, July 18, Penaimt
Rahittf Day.
Game Called af3; 15
BOX SEATS AT BARKALOW BROS.
GROCERS' AND BUTCHERS'
ANNUAL PICNIC, Thursday, July 10, 1917
LAKEVIEW PARK
Grocery Store and Meat Market .Closed All Day.
Program of Event Will Begin at 10:30 A. M.
Game Races Sports and Amusement Continually,
Mayor Dahlman Will Speak in the Afternoon.
Boating, Bathing-, Roller Coasting,
Kouhd and An bndes Variety of Other Attraction.
$1,400 Automobile Will Be Given Away.
Everyone Invited to Come and Spend the Entire Day.
Street Cars to Park Entrance.
EMPRESS GARDEN
Omaha' Finest Restaurant and
. Arausament Canter
TEA DANSANT
Wednesday end Saturday
3:30 5:30
Adams' "So Difltrsnf Jau Band .
rUOTOPUYS.
LAST, TIMES TODAY
HAROLD LOCKWOOD
"The Haunted Pajamas"
Thursday
GLADYS BROCKWELL
MUSE
EARLE WILLIAMS
"THE MAELSTROM"
Charge Plot to Murder .
Officers and Surrender
Chicago, July 17v John Natchky,
was arrested by federal agents to
day, charged with trying to form an
organization pledging members if
drafted first to shoot their officers
and next to surrender to the Germans.
ALLIED LOAN MAY
REACH 5 BILLIONS
Present Authorization Soon
Will Be Exhausted and Con.
gress May Be Asked to
Authorize Another.
(By Associated l'ress.)
Washington, July 17. Unless the
unforeseen develops, congress prob
ably will be asked before adjournment
of the present session to authorize an
other gigantic loan to the allies. The
present authorization of $3,000,000,000
will be exhausted within from three to
fourth months, at the rate at which
the government is lending money to
entente governments.
Indications are that the amount of
the second authorization will be no
less than the first and may go as high
as $5,000,000,000.
There is every reason o believe the
administration policy of financing the
allied governments for purchases they
make in this country will be continued
during the period of the war and
future loans will be made as in the
past at the same rate of interest the
American government will have to
pay and on the security of entente
government bonds to be deposited in
the treasury.
. Half is Exhausted.
It is pointed out that nearly one
half of the $3,000,000,000 already has
been exhausted. Sh-ald the loans
during the next three months be at
the same rate as during the last three
months, the entire $3,000,000,000 will
be exhausted by October 25.
, During the first three months the
rate of lending has been approxi
mately $500,000,000 a month. Ex
tended, it would mean an annual loan
of $6,000,000,000, the funds of course
being spent in this country for food
stuffs, munitions and other supplies.
Estimated costs to the American gov
ernment for its military and naval
establishments during the first year of
war were placed at approximately $4,
000,000,000 soon after war was de
clared. The total of these two items, it is
believed, was the figure Secretary Mc
Adoo had, in mind when he declared in
his recent spcechs on behalf of the
liberty, loan that the government
would be called upon to raise $10,000,
000,000 during the first year of war.
Present indications are that con
gress will remain in session until late
in October and that the war revenue,
bill will be among the last of the big
measures to be disposed of.
. !
Persistent Advertising is the Road
to Success.
AMUSEMENTS,
For (h Last Time Today
ONLY VAUDEVILLE IN TOWN
Th People' Favorite Theater
DOUGLAS FLINT & CO.
in "The Merchant Prince."
BOB AND BETH STANLEY
Comedy Singing and Talking
MOORE, GARDNER AND ROSE
Clever, Classy and Comic
1SH1KAWA BROS.
Acrobatic Tumbling and Hand Balsnebiy.
Antonio
l , Moreno
? or
Roller Skating-, Dancing-, Merry-Go-
r-UOTOJrXAYS.
LAST TIMES TODAY
ANITA STEWART
v in
'THE SUSPECT"
BESSIE BARRISCALE
"HATEROF MEN"
A Keystone, Too.
l'l!ill;i!:!:i'lll:iliil!ii!iillil't,l'ldllHiHllllHi;,n:n;::l
! BOULEVARD
s
TODAY .
DOUGLAS FAIRBANKS, in ' i
- "THE LAMB" , Z
i TOMORROW i
5 MARY PICKFORD, In
s "A POOR LITTLE RICH CIRL"
nlirJiiii.'iiir'I'Hi'lKliilMiiiliiliiliinilninliirnitriritiftrr,'!
1 7fh, - !m wrJ
Red Cross is Building Big
"Laughing Gas" Plant
Paris, July 17. Official announce
ment is made that all private organi
zations which desire to give medical
aid to American troops must be un
der Red Cross military control and
supervision. , '
Thlt chart show the extraordinary growth of long distance traffic
Bell Telephone System under war conditions. .
3,400,000 mors messages per month have been sent over the lines
Bell System, an increase or . aDout
30, during the war preparation
period than in times or peace.
1916
WAR
JUNE JULY AUG.
1913
PEACE
The entrance of this nation in the great war was the signal for
the Bell Telephone System to pledge its entire service, unreserv
edlji to the government. -
Government telephone calls have been given the right-of-way
over all private messages. Government needs for equipment have
been given attention ahead of private requests.
The government's use of the long distance service has been
very heavy. Hurried purchases of supplies and equipment, the
preparation of camps, the mobilization of troops and the gigantic
preparations to carry on the war have necessitated an unusually
large number of local and long distance telephone calls.
These; with the steadily increasing number of long distance
calls due to unusual commercial and industrial activity, are taxing
our local as well as long distance telephone facilities.
As the nation's military strength grows, and we become larger
participants in the great war, the demands of the government upon
our service will continue to increase.
....... .
Our building, to meet these increased demands, has been held
back by the shortage of both labor and metals, and we can see no
immediate relief.
Many of our skilled men are joining the army signal corps and
other employees of less training are taking their places. ,
In Nebraska as well as in other
parts of United States
Briscoe is the car of the people
' ,, '.
f There is nothing which can obscure for any considerable time features of
Briscoe which set it apart from its competitors as a car of the people.
The well known claim ar with half million dollar motor was established
long ago when those Frenchmen, ; famed the world over for matchlessv engi
neering feats, designed and built the Briscoe motor for American people.
JJTTo make it beautiful, comfortable, reliable and durable was not a matter
il of sufficient import to engage the attention of these engineers. When
they accepted the job their aim was to build a motor 40 per cent more power
ful than had ever driven the car before and in thi's peculiar 'construction to
make it cover more miles out on the road on a gallon of gasoline than any
car ever built in .its class. Their success was so great that few cars have
ever been known to approach Briscoe 'gasoline mileage, regardless of size or
price of cars. These engineers made it a woman's favorite when they made
it easy to handle and graceful in performance. j. '
JTTYou have never seen' handsomer automobiles. Come to see us and se
lllect the car that pleases you. Don't wait. '
Price $725
Get Demonstration today
Foshier Bros. & Dutton
OMAHA
The Red Cross is now constructing
the largest nitrous oxide plant in the
world. The product, commonly
known as laughing gas, will be used
as an anaesthetic in all American
dressing stations and hospitals.
Persistent Advertising is the Road
to Success.
M .mrm , m
'I'l'l'j'l'l'l'j1 IT I'j'i'l'i'I'i'i'l'jM'i'j'i'i'I'I'j'i'l'I'I'I'l1!1 1'H 1'P
SEP. OCT. NOV. DEC. JAN.
The heavy top line shows the relative long distance telephone traffic
vtr the Bell Telephone System ea:h month for twelve months In 1918
and 1917 undsr war and near war conditions. -
The lower line shows same traffic during the corresponding twelve
months just before the end of peace.
The War's Effect
On Telephone Traffic
We appeal to you to assist us In meeting these extraordi
nary conditions by asking for . no unnecessary equipment or
making no unnecessary local or long distance calls,
NEBRASKA TELEPHONE
National Convention of -r
insn uaiiea lor Juiy a
Dublin, July 17. The National con
vention, will assemble July 25 in
Regent House, of Trinity college ac
cording to official announcement.
Bee Wants-Ads Produce Results.
in the
of the
15,000,000
Messages
FEB. ' MAR. APR. MAY
11,600,000
Messages
COMPANY