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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Aug. 23, 1920)
THE BEE: OMAHA. MONDAY, AUGUST 23. 1920. SEARCH IN VAIN FOR SURVIVORS THE GUMPS- ANOTHER BIG FISH STILL AT LARGE Drawn for The Bee by Sidney Smith. PONZI DELIVERS PART OF ASSETS TO RECEIVERS Financial Wizard Gives Up Checks and Securities Val ued at Million Hearing Adjourned to Tuesday. Boston, Aug. 22. Charles Potial turned over to federal receivers part of what remains from the million! he received from Investors in his discredited financial operation! and went on the witness stand to tell rtr p "Y If ( SHOULD HAVE WlAY OF SHIP WRECK Twenty-Eight Members o . Crew and One Woman Missing in Great Lakes Disaster. Sault Ste. Marie, Mich., Aug. 22.- 3 V Coast guards and lake steamers con ducted a futile search last night for survivors of the steamer Superior City, which went down off Whit fish point late Friday night after a eollision with the Willis L. King, according to meager reports. Twenty-eight members of the crew and one woman were missing, and the four survivors brought here after being picked up from the wreckage had all but abandoned hope for their rescue, owing to the short time that ejapsed between the collision and art explosion in the boiler room, which wrecked the stern of the steel ore carrier. The survivors left for their homes tonight. Peter Tacobson. a survivor, who was at the wheel when his ship was REAL ESTATE INVESTMENTS. W Al.SH-ELMER CO.. Realtors. Real Estate, Investment. Insurance. Rent. A!!. Ty.'r ." 33 Securities Bldg. FARM. horses and machinery. Ford car. w ant land, city property jr truck. J. Mulhall. Sioux City, la. I.WKSTIf.iATB Proven Exchange System; rnaunn guaramea. in. Aleth, Fatt son Ulk. D. J0. REAL ESTATE UNIMPROVED. Vacant Property. 1WO LOTS, one corner other .lolnlntr. 69 rest ana 5 reet frontsge. West Lawn addition, 61st and Plcord, one block trom Center. Here's a bargain for some one If Interested. Tyler 4962. REAL ESTATE SUBURBAN. Dundee. FORCED TO SACRIFICE Two swell ?ruad brick flat buildings, facing an treat, walking distance, west. In. Coma over 15.000 per year. Need the money and right party can make their cwn terms. Uo V-mS,. Omaha Bee. DUNDEE. Double corners. Sid and Fernam. 8!d and laard. Priced right. Alfred Thomas. 0i Flrat National Bank. ' Florence. KETHAWAT. Suburban prop'ty. Col. 1409. REAL ESTATE IMPROVED. West Semi-Bungalow Frame construction, five dandy rooms; liviuc room, dining room and kitchen on first floor; two bedrooms and hath second floor; oak and enamel finish; oak floors; tastily decorated. Sightly loca tion on paved street in Montclair. Price, $6,750. Call Grant Benson, Walnut 1580, Sundays. Benson & Carmichael, 642 Paxton Block. Ty. 3540. New West Farnam HomelVtkcIwni"5isdosee fthVS t Beautifully finished six-room, two- story strictly up-to-the-mtnute home; mahogany finish first floor, while .1 enamel seoond: sunroom, sleeping porch, , oak floors; centrally located on 33d St. near Dodge; paving all paid. Prtce Only ... 110,800. For appointment phone OSBORNE REALTY CO.. L 430 Peters Trust Bldg. Tyler496. .FOR SALE by owner leaving city, Hans com parlc, near Windsor school, eight room modern house; hot water teat; corner lot and garage. Harney Hit. BENSON & METERS CO., 424 Om. Xafl. Owner Leaving City Strictly modern 7-room. oak finished ... home; large living room across front; full brick foundation; garage; paving paid. Priced cheap at $7,850. - OSBORNE REALTY CO.. ., 410 Peters Trust Bldg. Tyler 49S. S-ROOM Just completed, 8023 Hamilton ,- St. Price ts.000.00. Small payment a down, balance ensy terms. None better for the money. Phone owner and build- . er. Harney SIT or Harney I1H. 5TB. ROniBOS. "real "estate and invest ... ment, 443 Bee Bldg. Douglas 8097. North. FIVE room 3540 North condition. . modem cottage at 28th St., first-class Trice $4,500. $750 cash. ' E. E. AUSTIN, Ty. 785. 1305 First Nat'l Bk. Bldg; StuccQ House, 1 Acre 2 Si rooms; electric light; furnace: cement collar; 60 cherry trees: 60 J grapea. apples and phjms: double front " age. faces street and boulevard; hedge fence. 3414 Nebraska Ave. Price, I&.A00. terms on nart. ' n t mut n JH Omaha Kst'l Bk. Phone D.JU3. i-ROOM modern but heat, paved "street. j- house needs soino repairs hut la a real ' bargain at 11,600; 4200 down, 329 a ')' mtnth. t '' ii-room part modern, on paved street; .. close to car. on Patrick Ave., JoOj) down, J:'j monthly. M. TFXEL ft CO. tm Ames Ave. Colfal 735. Sherman Ave. Bungalow Five large rooms and both, all on one floor: choice oak finish; an addi tional room finished off In attic; doublo garage; good lot,- half block to car. Price 15.200. Some terms. OSBORNE REALTY CO., "' 430 Peters Trust Bldg. Tyler49. fROO.MS, strictly modern bungalow, 2th. , Fowler. Choice neighborhood, 35.2&o; !. 600 cash. t-ROOM Mlnue Lusa bungalow. Brand i new. Prtce ST.SflO : 32.000 cash. C. D. HUTCHIXSON CO., ' Call Mr. Franklin. Webster 343: .1 NORTH SIDE. 8KVEN ROOMS. OXB BLOCK FROM CAR LINE. Modern house except heat; lot 60x130, with shade trees: newly painted; 33.600; ' 11.000 cash, balance terms. Call owner, , Douglas 6ei4. 33i South 1 1 1 h St. Omaha Real Estate and Investments. JOHN T. BOHAN, w ? ;t p"tn Blk- Phone Tyler 4t ; CCfiW oak finished home, 7-rooms, sun- room, tile hath, double garage, fire- place, etc., $13,50. Terms. Cg. 17J4 ! days. WEST FA.RNAM. IS.SOO At 81S No. SSth - ' Are; brick and stucco, with J baths. !,' Quick possession. JX C Patterson. Doug. 2M7. 5a FEW homes and lots for sale tn Park- wood addition; a safe place for Invest ; ment Norrla Norrla Douglss 4570. "S0i SEWARD ST. 1600 maks the" flrat I payment on this part modern house, Crelgh, til Pee Bldg. Doug. tOO. JIINNE LUSA hoasei and lots offer the t, host opportunity to Inreat your money. '! Phone Tyler 18T. South. South 32d Atenue Home Bight roomt and. hath, strictly tnod t em. choice east front eOxltO; garage. : Price $8,000. OSBORNE RE AH I UU., 450 Peters Trust Bldg. Tyler 4. St'R SAI.r 4-room Irvuse. 19H Sou- Slit. Price 1800. Tyler J7. FOR SALE 4-room house, H. Ht. ,! Miscellaneous. '$-R10r. Hot water heat, Just off ear '' line, Dundee, vacant. ..... ' l-R. Mod. Oak finish, bsrgaln, t,500. " i-R. Mod .Oak finish. $5,500. Good terms on these and others, i CONBOT. D. mi, Har. 49M. Col. S14. BiRKEf t & co.,.1 '"ures. o Bee Bldg. Douglas 3I. SATtGAlN -rooni houpe. t lot, nsar Windsor school, ll.ooo. Douglas ttii. rammed, declared the King bore down on them after the exchange of the usual signals. The sea was calm and the weather was rather hazy, but he could easily distinguish liarhts of the King, he declared. Captain Herman Nelson of the King-, however, maintained a fog en veloped the vessels. Belief that a number of the miss ing were killed or severely injured by the explosion w expressed by Captain Edward Sawyers of the Su perior City. The majority of them were in state room? directly over tin boiler room, he said. He attributed the sudden sinVinir of his vessel to the heavy cargo of iron ore. "I sank deep into the icy water," lie said, "and the shock brought me back to my senses, I thought I would never reach the surface. Afur swimming five minutes up from the depths came a steamer'i hatch cover, upon which I climbed and hung cn til picked up." "I guess God wanted me to live a bit longer," he added, "for where that hatch came fron I couldnt figure." Financial Chicago Trlbone-Oiu.ha Bee Leased Wit. New York, Aug. 22. Banking sentiment in respect to the country's autumn demand for . money and credit improved measurablv last week. The impression was gathered in local quarters ot orominenee and also in the middle west that the crop financing period can be gone through without overstrain of bank resources. That is not to say, however., that bank statements may be expected to show from now on that the nak nf the credit burden has been passed. It may be several weeks before the tederal reserve institutions of the east will reflect the return of funds loaned to reserve banks of ihe in. iterior, and. oerhaos lonarer. hefnre figures that deposits are accumulat ing and loans being paid off to sub stantial totals. A gulf still stands between the ability of the banks to meet agricultural and mercantile de mands and a real easement of money at the major centers. But tendencies appear to be work ing to narrow the chasm. Specula tion has largely been wrung out of the commodities markets, evidence being supplied in falling quotations in many directions. The effect of the general banking attitude against the expansion of new loans and close observation of the growth of stand ing lines of credit is coming further into the light as time passes. ls Credit Keceweaiy. , It Is evident also that the conservation of credit In the last few months has come Into favorable conjunction with Tallin? prices for some grains, cotton, foodstuffs other than grain, and the textile field. The fall of about 6 cents a pound In cot- ton crease of million of dollars of credit nee Ksary to carry the forthcoming crop while It is being fed into manufacturing channels. The dectlrm of wheat futures from the Initial quotations of more lhan x iO per bushel when the market was reopened July IS to around 12.37 Indi cates a revision downward of banking estimates of credit needs next winter, Bnd this has been furthered by a fairly rapid flow of the old crop from storage Into domestic and esport consumption sluce tins monin mesne, naturally, a de ra.irnaa mciiiiips ogan to loosen up a month ago. Since the Argentine put an embargo upon expoi of wheat. It has r".."?";. t"1 lOroiSn demand In the United States has increased. August iv um, m wneti ana riour equiva rlod last year 7 i . " "iTrmiq inoae ot me same by more thaa 1.000, Cotton exports hare eontraeted sharply this month, while the buying by spinners has been of the reluctant order, but the ousne s. i V v price nss peen commensurate nun in, mcaing asmana, and the move ment stanrts as an offset to declining eon, sumntion tn respect to tho use ot bank nauiu lighter Bank bal, The Signs DO tat definitely tnnM Ilchter load upon the hanks than was ex pected on July . But there 1 nothing In sight as yet pointing toward a genuine easement of credit costs during the early part of the autumn, at leat. While busi ness has slackened In some directions the aggregate of bank clearings and railroad grojs traffic returns disclose the rontlno snc of an enormous business turnover. The country continues prosperous, the healthy state of the investment market discloses large profits seeking employ ment In securities. While this situation exists and It may be hoped that it grow' stronger Instead of more sluggish, there 1 certain to be a steady call upon Invost .ment funds with a collateral demand upon credit. The railroads are planning to draw as far upon Investment money es they are able for current needs and it is expected that many Industrial corporations will en ter the autumn market, anticipating needs of the winter and spring. The French government, for one, will apply shortly for probably $100,000,000 and other foreign governments awaiting the opportunity of applying to American Investors for funds. So it is seen that a demand will appear all the way along is credit conditions permit, which militates against the likeli hood of an accumulation of investment credit In a fashion to lower trie cost. Short Irget Bayers. The stock market tn recent sessions has been responding to fom favorable de velopments, among them the change of sentiment toward autum credit demands. Kathcr small turnovers on the etock ex change last week suggested that the short covering of professional trader supplied the bulk of buying, but such a process Is one of tht earliest developments in a pe riod of growing price stability. The money situation at New York was hardly con ducive during tfee week to an expansion of buying for the rise and It may not be for some time. A moderat recovery after so sharp a reaction as has been experienced since the first week of Jaly, however. 1 encouraging not only to holders of (hares, but to ths general business community and It goes without saying that firm or stable stock market price would make easier the volume of new financing in pros pect. Here and there the share list hat disclosed unsatisfactory features, reflec tive either of unsettled condition Of trad or a lack of adequate working capital. This eituatien is likelv to exist for a period because readjustments of aupply and de mand tor products cannot be brought about In a few weeks, while the bankers will continue to he sparing In theTr loan to cor porations to rely to more than an average extent upon temporary accommodation instead of building adequate fixed eapitaL The Studebaker Automobile con pany is building model homes in South . Ber.d, Ind., for their em ployes and will be told to them at cost price. . j More Truth Than Poetry ; ; By JAMES J. MONTAGUE DIFFICULTIES When baby has the stomach ache Or other childish ills, The doctor comes and makes him take A powder or some pills; And when it is apparent that The .urchin is at ease He reaches for his coat and hat And says, "Three dollars, please !" But when it happens that the can Gets carbonized or stalled, We call the car-repairing man To have it overhauled. He keeps it at his shop until It hits its old time gait, And then he renders us a bill For twenty sixty-eight. The baby's sound in wind and limb And seldom out of gear, We call the doctor in for him But once or twice a year. The car, though given tender care And lots of time to rest, Will only run without repair A week or two at best. To lose the baby we are loath; We hate to spare the car; In fact we want to keep them both, Expensive as they are. We wish the family doctor knew The ailments of the can, And we could take the baby to The car-repairing man. HE'S USED TO IT Whene'er the flaunting headlines read ' MAN BUSTED ON THE JAWI , The base ball fan exclaims: "Indeed? That must be Jawn MeGrattl'1 - . ALMOST A CONSTITUTIONAL REQUIREMENT Now the prohibitionist apparently believing that men from AS WELL beginlVoffiikfa EL" Copyright. 1920. by COMMON SENSE The Extravagance of Leisure. Copyright, 1920, international Feature Service, Ine. Forget your present position and try to 'imagine where you will be in five years from now and. what must happen in your own family to improve conditions. Stop drifting and join the class wnich looks ahead. You have been quite comfortable in the thought that there is plenty of time a little later for you to do some thing to increase your earning ca pacity. But the longer you put it off the harder it is going to be. No period in your life can be bet ter than the present. You will never be younger and soon you will feel too old. Ten yers from now who knows what 10 years may bring forth? Even now you are regretting cer tain thinCTS which vnn wieli 1.., might have had to enable you to reap ' ucnciii now, ye you hesitate at the crossing of the roads as to whether you improve yourself in mind and in body just because it means genuine hard work and criti cism. Wait till your brain is less active to take up new things? t Go ahead and make alfyou can of yourself today now while the time is yours and the leisure is so valua ble. I'M THE GUY who sits in front of you at the movies and keeps moving his head from one side to the other so that you have to keep dodging to see the screen. I don't see why I should keep still if I want to he restless. I can see perfectly so why should I worry about you? . If you don't like to sit in back of me, why didn't you pick out a seat behind some one else in the first place. I get tired of sitting in one posi tion and moving rests me. I should think it would rest you, too. You ought to be glad of the chance to keep shifting. I suppose youf have me wig wag to you when I'm going to move so j'ou can beat me to it and not miss any of the picture. But that would distract MY attention. ' If you're so fussy you oueht to take a front seat I sit where I want to and do what I want to. If it I I'M THE GUY all other states are ineligible. AS WALK 40 thC USsin Bear whn The Bell Syndicate, Ine.) peeves you you know what you can do. Copyright, 1820. Thompson Feature Service Parents Problems 6. How can a tendency to flatter others for the sake of popularity best be met in a high school girl of 16? The desire to be popular, that is, to be liked, is natural in most nor mal person, and is apt to be espe cially strong at the high school age. Do not reprove or try to repress the desire in this girl, but teach her that sincerity is the only basis of real popularity, that, only genuine per sons are permanently or generally liked. Flatterers are insincere. WHY?- Are Seals Placed on Letters? Copyright. 120, by the Wheeler Syndicate, Inc.) Apart from the consideration of safety of the contents of the envelope, the seal on a letter is an identification mark older than history itself. Among the most ancient of barbarous tribes the hunters would make, rude scratches upon their spears for the purpose of identification and, from these scratches, have been evolved the scarabs, sigilla, sig nets, monograms, kalograms, coats of arms and other insignia which have been used for the same primary purpose, The seals of the Egyptians were cylindrical rollers of stone, engraved with hieroglyphics and the impression was made by rolling them upon a. mixture of clay and straw. The Greeks and later the Romans used signets in connection with a compound of clay and beeswax. In the fif teenth century the Spaniards brought back from China a sub stance made of resin, lac and clay which hardened quickly after be ing heated and this was known as "Spanish wax," in spite of the fact that there was no wax in it The "sealing wax" of today is a similar product andV while the practice of attaching seals to let ters has almost died out in the rush of modern correspondence, this ancient custom is still fol lowed is the ease of official and legal documents. (Tomorrow: Why Do Birds Sleep With the Heads Under Their Wings?) . . Refugee "Ark" Returns War. Waifs to Parents f h Some of the 780 Russian war waifs who are making an almost com plete circuit of the globe to be reunited with their parents. The children are on the steamship Yamai Maru, chartered by the Russian Red Cross. The vessel recently arrived at San Francisco and from there pro ceeded through the Panama canal for New York. From there the Yamai Maru will proceed to a JKussian port. , ; . " All of the children -were -separated from their' families during the years of civil war in Russia and many have not seen their parents since 1918. Two sons of Baroness Willerts, Lev, 11 years old, and Robert, 12, are aboard the vesseL The last seen or heard of their mother was sev eral years ago when she was fleeing Petrograd. In the larger photograph is shown a group of the girl refugees, and in-the inset is Boris Skrateelatoff, or "Freckles, as he is known aboard the "ark." United States Objects To Jap Wireless Control Honolulu, Aug. 22. The United States is objecting to Japanese con trol over wireless cOmmuhica'tion''be tween Thing Tau and the Island of lap, according to a Tokio cable HOLDING A Adele Garrison's Revelations Why It Dicky "Taking Such a Lot on Nonsense?" Mrs. Lukens kept her word. I saw notning ot ner save tier re treating back as I sank upon one of the beds in Mrs. Lukens' sun parlor. Major Grantland promptly took nimselt oit after a low word to Dicky, which I guessed was an as surance that he would wait outside until he was sure we needed him no longer. And into the room where I . lay my mother-in-law came di rectly, efficient, didactic and wel come, .--v. , . .; "Now, Richard,", she said briskly, "if you'll just see that all Marga ret's baggage is here and then take yourself off for a few minutes I'll take care of her. And I don't want to hear ef your smoking in here or talking. This girls got to get some sleep as quickly as possible." Dicky winked at me behind his mother's back. . , , . "I'll try to restrain my usual flow of conversation, mother," he said as he sauntered toward the door, "But I think you're, wroiijj about ,sleep What Madge,-needs is a little im proving conversation on the' league of nations or the dry laws or some thing instructive." In High Spirits? "It would orobablv out her, to sleep quicker than anything else," his mother commented dryly, check ing over the baggage which Major Grantland had put inside the door. i ou re a cruel and unnatural parent, Dicky declared tragically. "1 shall fly to me own child," . 1 " ' "If you dare go near Richard, 2d,; his mother threatened. "He's sleep ing like a little top. I've taken off his little shoes and outside' things and put him into my bed. His grandfather will stay with him until I get through with Madge. You stay within call outside, and tell that colored woman to heat some milk about two cupfulsbut not to boil it. Remember that. .Can you get that straight?"'. "It will be an awful strain," Dicky retorted, "but I'll exercise my brain power to the limit over it. Two cup fuls of milk heated, but not boiled. I shall repeat those words' like a charm all the way to the kitchen. If I should be assassinated before I return, them will.be the last. words on me lips." "Tell her to bring it in five' mm ute with a shaker of salt on the side, and either a couple of crackers or a piece of dry toast,"' his mother went on imperturbably. She w'ai unpacking mv bap: swiftlv. . deftly gram tOcNippU Jiji, Japanese lan guage newspaper here. The United States is seeking to establish joint control over wire'less service between Thine; Tau and Yap by Japan and the United States or by China, Japan and the, ...United States, the dispatch adds... ":' . HUSBAND New. Phase of of a Wife uimgs ana toilet articles. ne stooped to my shoes, as she finished. . "This is toOrUtoo'' much!" Dicky declared dramatically as he went out of, the -door. "I feel it in my bones that in some way. she will make a mistake and serve me on the side 1 f . . ... . instead of the Salt or the toast." My mother-in-law deposited ray shoes low, and therefore quickly ux'acea ou tne floor before she spoke.' ' Madge's Sudden Panic. ."I wonder, what's the matter with Richard," she said. " "He's so full of nonsense-tonight,' ou don't sup pose he, could have gotton hold of a drink, anywhere, do you? That Major Grantland I wouldn't trust him across the street!" T prudentlv repressed a smile at the idea of Major Grantland. of all persons, providing liquor for Dicky's temptation, but her question made ine realize that Dicky really had been talking a great deal, of nonsense. I guessed the reason for it. He meant to make me forget, if possible, the incident of the closed motor car, . I was sure that he. paid enough tribute to my mentality to be as sured that I had not "swallowed whole" Major Grantland's ingenious explanations of his sharpness with the driver of the ciosed car and that man's intoxication. His very precaution made the ter ror I had felt sweep back upon me. Somewhere near me was something I could riot understand, something vague, menacing. My mother-in-law looked at me keenly,.,.. . : i4';-. "You need some drops," she said decisively. "Thank goodness that woman had sense enough to put a pitcher of fresh water m here. She measured the droos. Dut them into the water and held the glass to mv lips. "Take it all," she said sternly. I swallowed the bitter dra.ught obediently and. lay' back on my pil low with the. assurance that in a few seconds tire deadly faintness which had assailed me- would pass away. "You certainly are done up." my mother-in-law commented with her finder on my pulse. "Now there's one tiling certain. You re not go ing to stir from this room for two days at least We'll have your meals brought, and I'll take all care of Richard II. Now are you ready to let me help you off with your clothes?" '. -.-'. Wffh 'a surfden throb of panic I thortgbt of the' fragments of torn telepram hiddch in the bosom of my gown. (Continued Tomorrow.) WOMAN'S PARTY SPENDS $150,000 IN SUFFRAGE FIGHT At Least $10,000 Used, in Effort to Gain Ratifica tion in Tennessee. Chicago Tribune-Omaha Bee T.eaeed Wire. Washington, Aug. 22. The Na tional Woman's party disclosed here today that it had raised and spent $150,000 in the successful campaign for the federal suffrage amendment and - that . at. least $8,000. qf this amount was expended Jn an effort to get the J6th state.' From June 4, 1919, when the amendment passed the senate, to August 18, 1920, when Tennessee's ratification completed the lone suf frage struggle, cxpeaditures by the woman's party are totalled at $149, 599.36, according to the report of the treasurer s department Since March 22. when Delaware, which suffragists hoped to make the ooth state, called its legislature in special session, $68,519.26 has been raised and spent 'by - the . national headquarters ot the woman s party, jtiis aoes not include the sums raised and spent by Delaware for its own campaign or spent but not vet raised, within Tennessee. The Ten nessee campaign cost at least $10,000, Drmging tne total cost ot the JOth state up to at least $80,000. he lamest contributor to the rati. fication fund of the woman's party was Mis Mary E. Burnham of Philadelphia, Pa.,. who gave $14,000. Next largest was the gift of Miss Fannie T. Cochrane-ftf Pennsylvania, who gave $6,100. Progress of the Crops. Weekly Crop Bulletin of the Agricultural oi tne onmna, I'liamlier of Commerce. Tne past week has been a red letter J.oeK in all agricultural Unes. The relne hv-e been so ample and so generally dis tributed over the corn belt, anl raining 1 a Barly 18 Auust leav.ee nothing i, V I""- nvury. jan or tne corn iwll that -ivag aeiuKlly n need of rain tot it, and In such pbeundance that full r iief IS afforded. '''The -e'rent ortt.h t ; -urn country comprised. In southern Wisconsin, northern llllnole. eou'heastern Tow-a and adjoining territory in Missouri, where the corn had been at a rtamistlli lor two Or three vreeke r,n -(.nun, jk'ukhl. ana in west central Nebraska wnere rein wa badly needed, the precipi tation has been aninie. In ell ti, trfcls the corn nlnnf 'will m.v, a.h,.... m.ilnta,lnin Itself during drought. Hence. It- will be later thai, normal tn matur ing, and- some apprehension rnav be felt i')r tn,?af' ripening of the crop before ft est. The corn crop In the Missouri val-H-y. where It ha had no backset, is well advanced toward mnturltT for the recover all It 10 Wblie mere lart, and now onlv remitr-on weather conditions to nroduce a. maiimum crop. Threshm returns from oil ,n cr.Mn crops, which are now becoming ao erssible, show conclusively that while oats linrit-y yiems are eomewha.. better t.ian expected, the rust damaga to both wn,er,and ,Drln wheat in drtricts of -Nebraska and Iowa, from which returns are available, are really more serious than -trly reports tndWtert. fjlatemjnts of a wheat yield In Nebraska inaterU.ly above the estimate made by the United States aril the Nebraska stale depart nents of irriculwre io not s-eem to be warranted by threshers' returns. They have the ap pearance of grain market propaar.nda de ulgried to depress- the market, end thus, at the threshing season when many farm ers are oblieed to sell their a-raln, make buying price . below that warranted bv a free operation of the law of scppl-r and demand. Market propaganda of thl'. intures everybody hut a few neoim. whose Immediate interest prompts . th tc put It over. Thin is because whate hein ver .. ....c. uiiiii-is nuying power reduces by so much the volume of ail other busl- PCPS. The continuous favorable crop conditions in the cotton states arouses hope of not only a plentiful supnly of cotton for the worlds mills, which have been short of t"L "!2p,s g,nce ,tI4i bu with large yield of corn, tobarco and' truck crops as It..', ' nuth wHI have a buying power Ihs coming fall and winter which pron lues to be reflected In activity in an rn4.hu- injuring canters or the east. Vei vbavy rains fell, throughout the gulf coast states in the early part of the week. Texas was re.J K bfin,!Mtea'. si'houeh temperatures w. .uai in ui tne oeu averaged nine de erees below normal, ami the rain belt, Which din not renh h Tn I, i .. the Red river valley, leaves room- for im- Ki - ciiii-iit in iiiai Quarter. Harvesting snd threshinr progressed rapidly In the spring wheat belt, though heavy showers Interfered in localities. .nmnesota, wnicn wssbadly 1n need of " " "sin snowisrs tne latter part of tho week t ..practically ajj station. These w,H give rellefj-btrt are npf heavy enough to benefit hor late potato, erctp, which ap rrars? to . be very seriously inltired by drought. , , , Th. ?ffle 'coaet got no. rain, but the What Do You Know? HM tn eVteab Je An s.11. wo.r?,'V onJr-. l.v The Bee will publish a series of nurtinn, prepared hy Superintendent J., H. Beveridge ef the nubile schools. They cover things which yen should know. Thai fleet i Ll at iwrrect answers received will be reward- Of bV- SI. The tln.r. .I., k the winner will be published on the dav "" .winw. . no sure , to give your tlo Editor," Omaha Bee.) By T. H. BEVERirjGE 1. What does f. o. b. stand for? Z. Exolain the mranino- nf P n s v MJ. . operator. 3. What organisation is referred to in the abbreviation A. F. of L.? 4. What organization (does D. A. k stand tor.' .. , , 5. What college degree does B. A. siana iorr . (Answers Published Thursday.) THURSDAY'S ANSWERS. 1. What material is used for troU ley wiref copper. 2. What kind of gas is used In balloons? Hydrogen. 3. What is the boiling, point of water on a Fahrenheit scale? 212 degree. - 4. What is the . freezing point of water on a C'eptigrade scale? Zero. 5. What kind of ammunition is used in an air rifle? BB shot. Winner: Clav Tavlor Smith. .VHVi Dewey avenue, Omaha. about the rest. 'Little had been elic ited as to his assets, however, when the receivers' hearing was adjourned x't m . until i uesaay. Checks and securities which Ponzi handed over, as announced, did not greatly exceed $1,000,000. Edwin L. Pride, accountant who has been con ducting the federal audit, again esti mated Poni's liabilities at $7,000,000. Ponzi said he had additional assets. " The only business of which Prid could find any trace, he testified, was the issuing of notes for the invest ment, plus 50 per cent, and payment of early notes by receipts from later ones. There was nothing in Ponti'g books,' he said, to indicate any busi ness in international postal reply coupons, as claimed by Ponzi. It was brought out that D. V. Mc Isaacs and D. H. Coakley of Ponzi' counsel, had received fees of $25,000 each. Mclsaacs explained that tha Hanover Trust company, where Ponzi kept his principal, account, had paid these sums on authorization from Ponzi. .Ponzi's replies to questions Indi cated ignorance of the conduct of his business affairs. He did not know the names of his agents, was not familiar with his accounts in several banks and was in doubt how many persons were authorized to draw checks in his name. He said he left most of these things to Lucy Meli, the 18-year-old manager of his office. Ponzi said he was certain that ne had paid out to holders of matured notes or surrendered notes an ag gregate of $7,500,000. New Railroad Practically Assured for Hayes Center Hayes Center, Neb., Aug. 22.' (Special.) The railroad from Cul bertson via Hayes Center to North Platte or Ogaltala now appears to be assured. C A. Ready of this nlace. who is promoting the road, says plans are completed for tfcj ore ganization of the company, and H will be definitely settled within th next two weeks whether the ter minal on the Union Pacific will be at North Platte or Ogallala. The survey will be made as soon as that is determined. ' Farmers along the line are eagef for the work to commence, as they see in the early construction of the road the only means of getting their large wheat and Corn crop to mar ket A portion of the 1919 wheat crop and much of the corn crop is vet in the farmers' hands, owing te the inability of the present railroad facilities to move it., McDermott Re-Elected As Post 52 Legion Commander Kearney. Neb.. Aug. 22. (Special.) Buffalo county Post 52, American Legion, tnird largest post m the state, in county convention unani mously re-elected E. P, McDermott as post commander. Resolutions were also adopted urging him as candidate for department com mander, to be elected at the state convention in Hastings next week. McDermott organized the ftrst veterans association in the state, which later became affiliated with the American Legion. He is present national committeeman from Ne- braska and represented ex-service men of this state before the ways and means committee in congress on the adjusted compensation bill BANK CLEARINGS The continued hesitation In business. with further yielding of commodity primes in various eiusrters, again finds reflection In this wek's statistics of bsnk clearings, which segregate 17.115.639,609 at 21 lead ins centers in the United States, according- to Dun's Review. This total contrast with about IT. (100,00(1.000 last week tail is l.t per cent less than' the lT,3S4,601,t: reported a year sgo. The decrease from tha figures of the latter oerind Is wtiniiv M to the falling off at New Tork City, whera lie week s clearings of H,97,5, ara . pr ceni unaer rnose or tnia time In 91. while an Increase of . r cent ppears at points outside th mstrnru.ii J3;017.e,15 comparing with i2.(Si.5l S7 The cities showing smaller totals than In i"' -nn-aa-o. oi. lyouis. Kansas City. Omnha.and Seattle, but. slsable gains ara disclosed at Buffs lo, Pittsburgh, Louisville. Clevelsnd, Detroit, Minneapolis and Lei Angeles. Average dlly bsnk clearings for tha rear to data are compared below for thrsa years i. mo m August II. 1M s niwi ii i7 .,, Juy l.:9,lSa.600 1.I.I6. i"ne l.JJO.!!.e0o J.O0S,3.0 i,J8mot,os l.iii.soo.coa mountain states had showers la localities t snlcularly In the southern and extreme northern ranges. An ample crop of hiy s going Into stick tn the western stales, end provision for stock forage for next winter is thus assured. The latest United ststes live slock r -ports show that pro duction of farm an'r.iais hns declined ira terlally this season, both calves, larr.ba and puts for the first half of the yet? being quite below production tor the aasi period In recent years. , SPADRA COAL Furnace Wood Harney 383 Federal Lumber & Supply Co. 40th & Leavenworth St. Aneriean Ti'ephone t Tilirraili C. 1 j i j m . . 1 1 . . a oivmena oi two nonars per SltSrv will he paid on Friday, October It. l2t, ta stockholders of record at the close ef builness on Monday, September SO. It la. a D. XILNS. Traaswm I as she spoke, laying out my night 'a i