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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Nov. 22, 1920)
t '1 1 X i : 'THE-UEE: OMAHA, MONDAY, NOVEMBER iy0 Drummoiid May Bring Pacific . Champs Here Commerce Coach After Came With Oakland, Cal., Basket Many Schedule : THE GUMPS- Drawn for The Bee by Sidney Smith. LOOKING BACK lose With State Eleven: take: a MoutH pvu. or -' s I rvwvuv-. WfT "fiKE THfc QVAWK OV?T OT- VT- VOU CAH ItXL Ball Team for Omaha, HOW Ow W II ... n.usrcoCifc.t'. N . jsaamiw rirrrriiiiiT-rr n - r. i , v I 'pofff Vi, do's vtBn By )RALPH WAGNER. . If the plana of Coach Drummond of Commerce High materialize, Onia lia basket ball fans will be given an opportunity next month to witness one of the cleverest cage quintets of Hie Pacific coast in action here. The Commercial coach is trying to sched ule a game with the ''Junior Gold," a team composed of players from the Oakland, Technical university and Fremont high schools of Oakland, Cal. i "Bob" Hager, former member .f the Nebraska all-star basket ball team for five years, and formerly coach of the Lincoln high and phy sical director of the Lincoln Y. M. C. A., Is coach of the Oakland quin- tot. f ine junior ooias nave ottered to play the Commerce Vrm mi Omaha, Dec. 23, and the locaicoach is anx ious to bring the Pacific coast basket 6hooters to this city on that date. Last seasonV'The Junior Golds" won 37 victories and have scored a total of 2,000 points against their op ponents. They have, held the-Pacific A. A. U. championship for the past tvo years. " Among the members of the Oak land team are D. Brobst and Percy Gilbert, two of the best athletes on the coast. The former is winner of the' all-around athletic medal award ed each year by the Harvard club of the. Harvard Alumni, arid holder of the shot-put record hi the 120 pound class. Gilbert won. the Dip- sea Trail Marathon race iir 1918 and was second in the Pacific Amateur association bowling tourney held m 1919. Harold Mulligan Will Leave Central High. Y .. The 1921 Central 1 High school foot ball team will have a new1 coacn. Harom Mulligan, who has coached the local school since 1915, has finished his medical course at the university and will enter his profession in this city before next grid season, according to an an nouncement made yesterday. . A succcessor has not been an nounced by the athletic officials of the school - Assistant Coach1 J.: G. Schmidt, Charles Moriarity, a grad uate of the classvof 1916. and Ted F i napcial ; Financial By ALEXANDER DANA NOYESJ t voicaga xrtDuno-umaaa nee unn wire. v New York, Nov. 21. No doubt a good part of the gloom with which las,t week ended in Wall street arose r j c .i . ai . i i uiu litc vx iiiai uie-- luuiicy icii- sionad shown distinct preliminary signs of easier conditions, "but that the stock; market, instead of greeting v the indication by recovery in prices had fallen into greater weakness and disorder than in any previous week of the autumn season,, rNot dnl did the industrial stocks and i the active commodities fall under urcent ores4! sureof forctd 6ales' to the lowest prices.-of the year, iut Wall street - was favored with an unending series rumors oi - nnanciat or com mercial disaster, the names being mentiontd ri whispers, after the Wall street habit , nytm of money -stringency had passed was quite unmistakable. It was proved no only by the decline in stock exchange money rates from 10 per cent to 6, for the firsi time in four weeks,' but by the federal reserve statements. ' , New Percentage Record. The rwKn-ve ratio of the federal reservV . tt m rooe to thR highest percentage since July, while a further reduction in loans and r.ole circulation last week brought the two accounts respectively S1TT.000.008 and J. S, 000.000 below the recent high points of the season. For the violent decline on the stock ewhanre, which accompanied the slow Yeltxatkm tn the money stringency, there . were two reasons 4 he fact that such a decline goes on of its own moment, so to 8Pak, even when the Immediate causes are operating less urgently, but also ths fect that the fall in prices had, of itself. , uieated an increasingly difficult altnatlon fir over-extended merchants, out-of-town enhks and stock speculators, the shrinkage , in those collateral compelled the cloilug out of the loans at any sacrifice. One highly Important 'moral from the toast week's Incidents in financial and Commercial markets has todo with the policy of the federal resefve. A banker i oould ut laet week to a convention of manufacturers, as he could not have said with their approval six months ago, that The chief credit for the fact that we are not now - in uw nuaii i- a serious panic lies with the federal reserve system." What this meant was that, if the leading institutions had been left to, overload their credit facilities by continuing loans on the scale of to speculative capital ism and merchants, the cord might easi ly have snapped when the urgent autumn demands began, aa It did in 197. -" It would be rash to assume, however. EXPORT OF THE - AMERICAN OF OMAHA, NEBRASKA. IN THE STATE OF NEBRASKA, AT THE CLOSE OF BUSINESS NOVEMBER-IS. 1920. RESOURCES. Loans and diseounu Overdrafts Bonds, securities, judgments claims, etc., government , bonds ................... Other assets s. Bsnking house, furniture and fixtures Other real eitate ........;... Current expenses, taxes and interest paid Due-from National and State 'banks .... Cheeks and Hems of exchange ... Currency Silver, nickels, -and cents ............. Liberty Loan bonds held as cash reserve Total LIABILITIES. Capital stock paid in .... Surplus fund - w.'. Undivided profits ......... I. Individual deposits subject to check ?ime certificates of deposit ertified checks f- Cashier's checks outstanding Dan to National and State banks . Bills payable ' Depositor's guaranty fund Total Slate of Nebraska. County of Douglass, ss. ' I. D. C. Geiselntan, cashier of the above Banted bank, do hereby.swrar that the above statement is a correct and true copy of the Report made to- the State Bureau U Banking. . v ,D. O. GEISSLMAN. . . ' - Attest: i ' p. W." CEISELM AN, Director. J v ' C. THEO. K&OGH. Director. Subscribed sod wont to before me this Final Standings of "BiffTen" Grid Teams Tm. Ohio htnte M'iMroniilii Indiana . . Illinois ... W. U Prt. .8 lttOM ..4 1 .RAO ,. S 1 .75(1 ,. 4 .!; ,. S .K) .. S 2 .5110 ..3 8 .400 s4 .333 . 0 4 J .wn ...0 .000 MlrhlcuD Northwrsteni , . Dilntco , 1. Purdu i. Minnnwta ..... ... , s Riddell assistant coacfr at Creigh ton. have been nyntioned as pos sible candidates for the position. Feature Edition of Daily Nebraskan Nov. 3. Preparations .are under way at Lincoln for the 21 -page foot ball edition of the Daily JCebraskan which will make its campus bow Thanks giving morning. , h feature of tht' University of Ne braska publifatkni will be an article called "The Relation of Nebraska Fraternities to Foot Ball," by Jessie( Watson. . , ' . ., . Maroons 'Will Not Claim Conference Grid Title. 1 The UnivcVsity of Omaha foot ball ' team and Coach Adams' will not lay claim tothe championship of the Nebraska conference ; ac cording to an announcement made by the latter yesterday. , Reports have been published say ing that the Maroons would claim the title. This is denied by Coich Adams. However, the local team and In dugtrial yews that every one has learned to recognize the facta In the past few : weeks we have had farmers associations putting political pressure on the reserve board to expand the credit fund for the sake of $3 wheat and 40 cent eetton; we have hd angry denunciation of the board's "wreck ing policy," uttered y public men; we have even had suggestions from a mem ber of the federal banking committee it self, as to how the federal reserve sys tem might,- without expressiy violating the law, expand its loans by a further huge amount and let. Its "reserve ratio" tali below tne statutory limit. Trade Review. Certain changes for the bitter have ap peared in business. . The Improvement Is slight, and none at all Is visible tn various quarters, but some of the Indications are more favorable than in recent weks. Sen timent among some Interests has strength ened, even without appreciable gain in ac tivity, and the encouraging features In the outlook are berhg (her more freely stressed. While Immediato commercial revival Is not expected, sounder conditions Is the future are foreshadowed, and a ;ong-range view of the situation gives rise to confident hopes. With lower tempera tures in most sections, demand lor season able goods has moderately increased, and offerings of merchandise at lower prices seem to be meeting wlth a somewhat broader response. At the beat, however, the buying is still conservative and re stricted, and curtailment of production through lack of new orders has not yet ceased. A resultant decline in employ ment, with reduction of wages In some industries, in turn tends to limit consump tive purchasing, and preparations for the coming hajlday trade are on a smaller scale. The present hatting in business is disappointing to those who -had looked for a conttwuation of expanslorl at the previous unprecedented Tte, but it is the Inevitable outcome of Inflation and over extension, and some eml'srrassment is not unnaturally accompanytr.- the process bf readjustment. Liquidation in commodi ties and securities is aerving to lessen the monetary stringency, yet this does not mean that there has been any departure from the prndent policy In banking circles, or that credit restraints have been relaxed. The attitude nearly everywhere is one of dautton. but optimism regarding subsequent progress alorg more wholesale lines Is in many Quarters well defined. Dry Goods Inquiry Broader. Development of a somewhat broader irqulry and aemana tor ary guuus ap peared this week, thounh price conces sions are still necessary to Btlmulate buy ing. The reductions in retail channels i,v, hamnw aaneral and very clearly de- -ftfted. and consumers seem No be make. Ins rather freer response to tne attractive merchandise offerings. At the recent car net Andirue auction, a good purchasing power was manifested, and all supplies were taken at better prices thas had been expected. Prices on all stork goods have been reduced by clothing manufacturers, and, in several instances new and lower pricks have been named for spring. It is hoped that these revisions will Induce the placing of orders by retailers, and thus lead to more business for fabric mill As IV is now. curtailment of textile pro duction has gone to unusual lengtha, and some' plants have closed for an indefinite period. ' I Cottoa Consumption Declines. As was not unexpected, tKe October cotton consumption statistics show more elerly the effects of the leesened demand for goods in distributing channels. With curtailment of production at mill centers increasing dally," lens than 400,006 bales of raw cotton were consumed in this CONDITION OF THE STATE BANK $l,0l,lo4.ei 20.S76.46 600.00 I.0I4.9S 10,000.00 14.6S0-.67 including; all ........ '. 23,409.64 i5.i77.sa .. 38,450.09 .. 4.528.01 91.J65.05 Sl.229.2t0.74 y . $ 2S0.000.00 -6,000.00 17,927.07 v .t70.1S8.SS 82.4SS.7t) ' J24.91 2S.454.S7 90.217.tS 9K&19.S4 - 40.000.00 9.81J.83 tlJ2260.74 19th day of November; 1920. Buckeye-fflinois Game Resulted In Application of Two Rules . , Little Known to Grid Followers Urbana, 111., Nov. 21. The Ohio State-Illinois contest resulted in ap plication of two, rules little known to most followers of foot ball. One is that when time is called after a play has been started, the offensive team must be allowed to complete it. Inl.e final play the whistle blew as Hoge Workman drew back his arm to make a new pass which scored the Ohio touchdown. AVhile the allotted 15 minutes of the quar ter ended with the whistle, Ohio vas permitted to complete the play, kick has won air its games against con ference schools and as far as a cham pionship is concerned, has as much right to claim the title as the other schools. . Adams also denies reports published recently that the University of Oma ha officials canceled a game with Grand Island reported as scheduled for Thanksgiving Day. ' "We could not cancel a game with Grand Island because we didn't have a contest scheduled," said Coach Adams. - Laneshawbridge, England. Alex ander Simpson, aged 73, has just completed a 700-mile bicycle trip. country ast month. .-Not only does this mark the fourth consecutive monthly da crease, hut the total Is the smallest re ported for any month in a long period, and contrasts sharply with the more than 656, 000 bales of October of last year. The export showing, on the other hand, Is fa vorable, October's shipments of 582,000 bales being the largest since those of last March, and running some 230.000 bajes beyond the outgo of October, 1919. I, ant month's exports were considerably more than double those Nif September of tbta yeaYy and have only , been exceeded in lS2by the shipments of January, Feb ruary and March. October Building Termite Smaller. A decline In October building permits Hoes not mark a new development; but the decrease 40.9 por cent Is larger than has been witnessed in recent months. As reported by 90 centers, the October permits Involved an estimated expenditure of $77, 150,401, as against JU1, 923,647 In that period of last year, snd an adverse ex hibit is made by nearly all of the coun try's principal cities. For Greater Xew York, the month's loss is 55.4 per cent, while at points outside the metropolis the aggregate falls 38.3 per cent, short of the figures of October of 1919. Conspicuous among the other centcra showing heavy reductions are Chicago, Cleveland and Detroit, and really sizable Increases ap pear in only about half a dozen instances, most of which are at cities of smaller population. Although recent monthly comparisons have been Unfavorable, how ever, the combined value of the permits issued thla ykar considerably exceeds that of 1919 the aln being 9.2 per cent. Bradstreet's Food Index. This week's Index number, based on the prices per pound of 31 articles usedfor fond, is S3 99, which compares with 14.03 last week and S5.05 for the week pitting November 20, 1919. This week's number shows a loss of 1 per cent from last week "jd of Jl per cent from the like week of Ut year. Of the 76 commodities quoted, six advanced as compared with last V VAtWe' Holyoka,Masa. . NATIONAL BLANK BOOIC COMPANY , PMmuwutm loss of time, &OLD BY STATIONERS Q?F1Cg SUPPLY COMPANIES - y Send for a free copy of "GOOD FORMS FOR RECORD MAKING" showing hundreds of really ruled and printed forms for accounting. The Steps to Saving Burns, Brinker & Beads and Stacks for Investment. S. W. Corner 17th and Douglas. Omaha. , , Dougv4895 VM i the goal,, aud win the game in what actually Was an extra period, At another point Illinois rushed the ball to Ohio's 1-yard line. On the fourth down, Crangle crashed into the line "a little high. He was held motionless, standirig, and then as the, players separated after the whistle, he fell over the goal line for what appeared to be a touchdown. Theiiles provide, however , that, when the ball ceases to be in motion it is "down" andOhio was given lhe ball on doyns on its 1-yard line. Here 8 Scores of Past Games Played Between Locals and S. Dakota Year 1BU 1913 1913 1914 1915 1916 1917- 1918 1919 1920 School Score Crelghton S Crelgliton 0 Creiirhton 0 Creightan 7 (j-flghton. 0 Creighton 29 Crelghton 0 Crtighton 1 Creighton IS . Crelghton ? ' School Score South' Dakota SI South Dakota 68 . South Dakota IT HoUth -fYkkota South' Dakota South Dakota IS South Dakota -6 South Dakota 0 Sooth. Dakota 0 Sooth Dakota T Total point 138 Total points 61 .of the Day week, 33 declined and 37 remained un changed -is follows: , Increased. Wheat,-spring; barley,, short- ribs, but ter, chacw and peas. Increased. nsMir, wheat, red:" corn, oats, hams, tal lcv. sugar, raw; sugar, refined; coffee. cotton-seed oil. tapioca, beeves, live; Juts, live: sheep, live, Olto oil,1 hops. Pacific; Tendnnsed milk, cotton, print goods, brawn sheeting, wool, u.- aeiaine; wool, o. nait biood; linseed oil, hay, pig Iron, basic; rig iron. Bessemer: ear wheels, old Phila dciphia; steel scrap. Fittsurgh; copper, lead, antimony, spelter. -. Investment Is at weekly magazine. Tells you just what you should know bout high grade listed stock and bonds, and how to make a profit on them. Contains nothing for the man or women who wants to get rich quick, but is worth much to those who want to put their saving and invest ing on a more profitable basis. One investor, after comparing the statements in "Investment with Babson's and Poor's for five months, says the service it render usually costs from $100 to $120 per year. "Investment" will be sent to you free if you aakf or it. mm WHlRE are lew first-das Stationers who do not carry some National Blank Books. A great many dealers carry National products exclusively. You are taking no chances when you buy blank books from a dealer who features Nationals, because back of his personal reliability is the guarantee of the largest blank book factory in the world- - buying of Account BocJcs results hi money and office efficiency. As Blank oooas ere we cornerstones of ouatneaa, intelligent care should be used in their selection. National Blank Books are uniformly satisfactory. A set ofDr.&Cr. Posting Slipt mailed frea from the factory to occocntanfs. M M l !f fi J0VN BROWN'S 1 J-jU I. BOW UESA A llp ) we fio T RESULTS SATURDAY'S RESULTS. LOCAL. Commerce, 41 1 Council Bluffs, 0. STATE. Nebraska. S5: Michigan Aggies, 7. rem, 7; Wayne Normal, 0. ' HIGH SCHOOL. Norfolk, S3; Nellgh, 0. . Tierce, SI; Norfolk Seconds, . Ord, 20; Loup City, 14. Cedar Rapids. Ia., 1; Sioux City, 13. Friend, XI; MrCook. . Sidney, 14; Alliance, IS. Glenwood, 21 f Essex, la., . - WEST.""' .; " Iowa, 14; Ames, 18. ' "T ,' .Ohio, 7; Illinois. . v" f WlxcoBsin, Sf Chicago, 0. . " ' ' Michigan, S; Minnesota. Of Carleton, 17; McAlester, . ) Marquette, 10; North Dakota univer sity, D. v Morn In guide, 14; Drake, f. Colorado Aggies, 7; VniverSlty of Colo- radn. 7 I'nlversity of Wyoming, 0; Cnlversltj or Ltan, o. Baskell Indians, SS; Oklahoma Ag gies, 7. . 1 . I Oklahoma university, 7; Kansas Ag 1ea. 7. I'nlverslty of Oregon, 0; Oregon g rtrs, 7. Idaho, SO; Montana, 7. , Gonxala, 47; Montana Mines, 7. (.rlnnell. 17; Cornell College, C, Stanford, 0; California, SS. EAST. , ! Dartmouth, 14; Brown, 9. Boston college, 13; Marietta, t. Syracuse, 14; Colgate, 0. ' Fenn. 27 ; Colnmbia, 7. Carnegie Tech., 6; Wash, and Jeff., 0. Indiana, 10; Purdue, 7. , Amherst, 14; Williams, 7. Mass. Aggies. 21: Tufts, . Boly Cross, 32; New Hampshire State, 0. Inion, 7; Hamilton, i Pick a Spur fcpm the new - ' - ' v . kV jf) Jy k fc i l. vacuum-sealeatin. Note the v - tr ' XliSSai r-Fir V - firm "feel" of it, 'get a uhijf , ' ' : : " ' ' ! ' '" S ' , v. - - Annual Y Run Will Be Held Thursday Entry List for Cross-Country to Close Wednesday Night , Expect Close Race.' That the annual Thanksgiving day "V" cross-country run, to be held Thanksgiving morning wilkbe the greatest in the history of the as-, sociation is assured, according to N. J.J Weston, physical director. A sufficient number of entries have been received, to make. tne meet a successful one,-but the committee is confident that marly more will come in, so they have decided to ex tend the cjosinjr date for entries to Wednesday.. - This will permit' the late ones to enter. Up to last night 14 runrters had entered the contest, among them are a number of local runners represent inz the Omaha Y. M. C. A. .Tha complete list follows: . W. MX, Pratt, University of Nebraska Medical College; Harry Kretsler . and Edgar V. Allen and G. Slemmons, Ne braska University, Medical College; Rex Smith. Nickolaa Borne. John Krisch, John Zozaya, Jesse Anderson, 1. Weiner and C. T. Rosengren of the Omaha Y. M. C A.; J. H. Nelson, unattached; E. Hoffman, un attached and Harold Ring, unattached. Although the Lincoln "Yf is hold ing a cross-country run Thanks giving . day, the following entries were received last night from Lin coln. These four men will represent Jor Highest Possible polity r Switched" . i . ' Statistics, of Garhe -Between Cornhuskers , And Michigan Aggies Keb. A'lea Yards gained from line of scrim mage ....474 15" First downs IS ' Punts 6 Average-distance of punts (yd.s) Si 56 Forward passes attempted 7 14 Forward passes completed,.... 3 4 Forward Pnssea incomplete 4 a Forward passes rscomplete 4 S Yards gained on passes , 44 ' 62 Penalties' S 5 Number yards lost on penalties. 60 45 the University of Nebraska. M, N. Miller, C. A. Kettle, F.I. Ejieser and L. Cane. V Alfred De Oro in , ' Tie With John Daly Chicago, Noj 21. Alfred dvJpA of New York tied for first pUce with John Daly, iQew York, in the preliminaries for the national three cushion billiard champion Saturday when he defeated Jess Lean, Denver, 1 50 to 26. Charles Morin, Chicago, defeated unanes Mccourt, Cleve land, 50 to 37. ' SALESMAN To sell popular priced auto mobiles. Call Douglas 5239 between 5:30 and 7 o'clock p. m. at Lowtst Possible Price exclaimed the chap who had just heard the why and wherefore of Spur Cigarettes. It ' didn't take him long to say, "Switch me to Spurs." "s - Notice tEat good dd-timetobacco taste in $Durs. Trace it. down and you. will find it comei from the blend of choice Turlcish, fine . Burley, and other home-grown tobaccos. . Rich' refreshing right r ' Finger Spur. Its fat and full-rolled. Note -the crimped seam- no paste there Its a new vninkle in cigarette making and Spur owns it all. You'll discover that crimping means easier drawing, slower burnipg, better taste- i bpur,is a well-dressed cigarette the rich looking, brown and silver package of twenty, .with its threefold ..wrapping, Suggests good taste as plain as day.' ( ;r Ring out the old, ring in te new. Start fresh with Spur. - ' . Lcccett & BIyebs Tobacco Co Thanksgiving Will Usher Out Most Successful Season in . Annals of Spprt; Ne braska to Play. ; A x Thanksgiving day'i schedule of -foot ball events .marks the official closepf the most successful season in the Bistory of the gridiron sport. It has been a season of thrills; a season that fias developed an unusu ally large quota of brilliant per formers on tne lime lines Snd a sea-, son that has seen the biggsst ami most enthusiastic crowds in foot bail history. , Although there will be Important grid games staged in all sections of the United States Turkey day, the center of interest in King Foot Ball's last stand of the 1920 season in Ne braska is hovering around the Nebraska-Washington State game, to be - played at - Lincoln, and the Creighton-South Dakota university battle, scheduled for the locals' field. Another game of more than pass ing interest is scheduled to be staged at Cambridge, Neb;, between Com merce High and Cambridge High for the state high school champion ship. Coach Drummond's player have yet to suffer a defeat and will !) J3AO MJIJOABJ S9)U03 JU.1 Cambridge warriors. - , ; Central tackles St Joseph Hih of St, Joseph, Mo., at Rourke park in what is expected to be a hard game. Coach Ernie Adams and his " bunch of University of Omaha Ma roons will ionrnev to Tarkio, Mo.. Wednesday to meet the Tarkio col lege gridsters- the day following in the feature event of the latter school's Turkey Dy program. South High clashes with West Point, Neb., on the tatter's field in the last game for both schools. Give "Your Furnace ; A Treat Buy Year- C 0 A 0. . This Tintsr From tit UPDIKE LJMBER & COAL CO. Phone Welsnt 0300 v .i 4. I) 0 w r N r V JL'. fcr..-t"fr