THE BEE; OMAHA, SATURDAY, DECEMBER ' 11, 1920.
Shipping Board
Officials. Issue -Balance
Sheet
Statement Gives ' Financial
Transactions of Emergency
Fleet Corporation Up to
June 3&, 1920.
. r-.'-' ' '
Washington, Dec. ' 10. The ship
ping board made public a consolidat
ed balance iheet as of June 30, 1920.
giving financial transactions of the
board and the emergency fleet, cor
poration from their Inceptio in 1917
to that date. It showed total liabili
ties of $.,537,380,7J6 and assets of
the same amount and it was the first
complete financial statement to be
issued by the federal agencies which
built the great government-owned
merchant marine.
The board apparently did not un
dertake to show the total amount
which had been expended and the
fiscal officials', when asked, as to Jthis
amount, said it could not be com
puted with any degree of accuracy,
because of the system of accounting
in use in the early days of the board.
The liabilities given in the "consol
idated balance sheet" included ap
propriations by congress of $3,213,
217.110; "reserves" of $735,618,316
and other liabilities of more than
$100,000,000, the whole totaling $4.
050.746.866. The total liabilities of
$3,537,380,726 represented the differ
ence between the $4,000,000,000 total
and the excess of expenses over rev
enues from operations, sales and the
like, which was placed at $513,336,139.
Net Loss (Shown.
Revenues from operations, sales of
ships, etc., were given as $1,)48,928,-
155 and expenses as $1,662,294,294.
Revenues from operations of ves
sels were $817,271,541 and expenses
of the operations $1,002,396,579, the
apparent net loss from operatiou be
ing $185,125,037,
Vessels sold brought $296,515,344
while they cost $339,0.83,676.
In its capital assets the board
listed the vessels owned, at $2,670,
612,755, this sum representing ex
penditures for construction, pur
chases and reconditioning. The
value of ship yards, property and
equipment, fuel oil stations, real
estate and buildings, automobiles,
launches and '',e ''ke was placed at
$158,895,243. Expenditures for con
struction of and, improvements to
housing projects and transportation
facilities were given as $69,6604.977.
It was explained that all of these
figures represented war costs and not
the present value. "
Current assets listed ipthe balance
sheet included accounts receivable of
$293,792,558: general cash and cash
fund $96,547,951; investments $30..
917,587; notes receivable $70,248,
537 and matrials supplies, ships
stores and the like, $143,400,297.
Claim Gross Revenue. ,
i On the actual operation of its
great fleet the board claimed a
gross revenue of $440,549,001. the
revenues from voyage being placed
at $768,077770, while voyage expenses
were only $428,527,999.
Maintenance insurance, deprecia
tion and other expenses, however,
more than ate up these excess re
venues. Under the head of shrinkage, due
to appraisals, the board showed a
total loss of $98,038,507 on materials
of all kinds, while the loss on con
tract cancellation was placed at
$105,176,811.
Depreciation of the value of the
fleet itself was estimated at $209,-,
465,323; insurance at $140,393,528
and maintenance at $86,321,576.
In a supplemental statement Com
troller Tweedale said that the total
of $513,366,139 representing the ex
cess of expenses of operations
over revenues was not to be con
strued as a loss, fie explained that
it contained expenditures amounting
to $105,670,993 made for the account
of the Army and Navy departments
and not yet returned to the board.
Mrs. Palmer Offers $20,000
Reward for Return of Jewels
New York, Dec. 10. Mrs. Char
lotte King Falmer, 50 East Ninetieth
street, beaten and robbed of nearly
half a million dollars' worth of jew
elry, furs and other valuables at her
nome last month, declared today she
would offer a reward of $20,000. She
still suffers from injuries received
when she leaped down a stairway to
escape the burglars.
Veteran Actress Dies.
Los Angeles, Cal., 'Dec. 10.
Mollic McConnell, veteran actress of
stage and screen, for many year3
under contract with Charles Froh
man and the Snuberts, died here to
day. She was the widow of Wil
liarn. McConnell, formerly editor of
a New York paper. After his death
she married Sherwood McDonald,
actor. .
Safe
Milk
r Infants
bnlkb
NO COOKING
The "Food - Drink" for All Ages.
Quick Lunch at Home,t)ffice, and
Fountains. A$k tot HORUCICS.
srAToid Imitations a Substitute
Provisions of Army
Reorganization Act
Mandatory, Baker Says
Washington, Dec. , 10. Provisions
of the army reorganization ct fix
ing the peacetime strength of the
regular army at approximately 280,
000 nien are mandatory and leave
"no discretion to anybody," Secre
tary Baker told the house military
committee, explaining his action in
ordering recruiting up to that figure.
The secretary had been asked by
Chairman Kahn why the limit of
175,000 provided in the army ap
propriation bill had been exceeded.
Mr. Baker said the appropriation
figure was merely the joint judgment
of congress and the War department
making a forecast as to the probable
maximum recruitment during the
year.
Chairman Kahn said the commit
tee members were "afraid there
might be a revulsion of feeling in
the country because of the large
burden of taxation that would be
imposed by an army of 287,000
men" and indicated that some ac
tion would be taken at once in an
effort to reduce the size of the army,
temporarily at least, to around 175,
000 men.
Wilsons Decision on
Armenia Delivered
Paris,' Dec. 1J. President Wil
son's decision concerning the Arme
nian , boundaries was delivered to
the French .foreign office yesterday
through the American embassy with
a note from Ambassador Wallace,
reserving to himself a voice in th,e
decision when it is made public.
President Wilson's decision con
sists of an extremely long note
printed in book form. It is signed
by President Wilson himself and is
accompanied by a thick book of
maps, constituting one of the- most
magniticient documents ever re
ceived by the foreign office, accord
ing to the officials there.
The only impression given out by
the foreign office was that President
Wilson had allowed Armenia very
liberal borders.
Bee want ads are best business
getters, , '
Boys Hi Top Shoes
We show here a model that will brave
the worst kind of weather and keep the
feet dry and warm. The soles are made
of the best .oak-Jan-'
,ned leather. The up
pers are the best qual
ity box calf. Nothing
we sell offers' more
real, value for the
16th and' Douglas SU.
THUG
CD
nnnrm
HI
MJE
OF
ever offered to the men of Omaha and vicinity. We realize that the
market has broken and as usual we take the lead. There are thou
sands of all wool patterns to choose from and you got the CHOICE
OP THE HOUSE at this history-making price. The long", expected
drop in prices is here Buy now. ;
Just Think of It, Men!! t
When we say choice of the house we mean CHOICE OF THE HOUSE not a
single pattern reserved. You get the same high grade tailoring that this great
men's tailoring firm is noted for. EVEEY SUIT MADE TO YOUR MEASURE. r
ALL
WOOL
AND
XTIM If
m
H H
Made From
Any Pattern in the House-
Unrestricted Choice at
Suits That
Formerly'
SoldUp
to $90
Suits That
I Formerly
SoldUp '
to $90
In such materials as ALL-WOOL BLUE SERGES, WORSTEDS, FLANNELS,
IMPORTED TWEEDS and CASHMERES. Every suit tailored to measure
tailored in the style you select from the pattern you choose. ' . . .
NO EXTRA
CHARGES ONE
PRICE FOR ALL
Store Open
Evenings During
This Sale
EXTRA PANTS
FREE .v
FREE
MEANS
FREE
World's
Largest
Union
Tailors
Northwest Corner 15th and Harney Sts.
SUITS SATISFY
Our Guarantee:
Perfect Fit and Satisfaction Guaranteed ia every
Bale.
1 ., V ' :
BE TOUR OWN: SALESMAN CHOOSE THE
PATTERN YOU WANT ONE PRICE TO
EVERYONE NOTHING RESERVED
Compare Values Think, Men A Suit with two
pants gives you double the wear, and you. are
buying a suit and extra pants at less than half the
price of the suit alone. Don't stop at one Suit
Buy two or three.
11
Surprising How Far Your Dollars
Will Reach When ; You Buy
at Low Barometer Prices
' at Bowen's
''' tamps in
Great Array
Our stock includes
Mahogany, P o 1 y
chrome, Ivory, Gold
Bronze and Willow ,
bases, with splendid
selection of Parch
ment and silk shades
for table and Bou
doir Lamps.
Lamp Shades
Price
Bases
' Former
1 ,.' Price
20-inch Rose Silk....,....;.... $22.50
20-in, Gold and Rose Silk. $42.50
20 In. Mulberry Silk $42.50
12-in. Parchment .........$10.50 '
14-in. Parchment $18.50
, 12-in. Parchment , .$10.50
8in. Parchment. ......i.. ......$ 6.00
; Boudoir Gold Silk $ 6.50
' Boudoir Rose, of finest silk. ... .$12.50
Boudoir Gold
Boudoir Silk....
............ . P V.iV
?$ 1.50
Salt
Price
511.25
21.25
521.25
5.25
9.25
5.25
3.00
3.25
6.25
2.75
.75
, Former Sal
Price Prlee
Mahogany Table.. .....$16.00
Decorated Table $ 8.50
Mahogany Table........ $ 6.50
Mahogany Boudoir ....I $ 6.50
Polychrome and Ivory $12.50
Decorated Boudoir., $10.00
Mahogany Boudoir $ B OO
Mahogany Floor $24.50
Bronze Floor $28.50
Mahogany Table . $14.00
Mahogany Table $12.00
Note These Low Barometer Prices
8.00
4.25
3.25
3.25
6.25
5.00
3.00
t 12.25
14.25
$ 7.00
$ 6.00
Dining Room
Furniture
; Former Today!
Price Price
40-In. Golden Oak Buffet...... $ 57.50 $28.50
42-in. Golden Oak or Fumed
t Buffet .'. $ 85.00 $46.50
45- ln. Golden Oak or Fumed Oak
Oak Buffet $ 85.00 $46.50
46- In. Golden Oak Buffet $ 98.00 j S52.50
50-in. Golden Oak Buffet.,. ...$115.00 J 5.00
54-ih. Golden Oal? Buffet $135.00 j 175.00
54-in. Jacobean Buffet... $150.00 1179.50
60-in. Jocobean Buffet. .$165.00 186.50
64-ln. vWalnut with mirror.... $135.00 $73.50
60-ln Walnut or Mahogany, with
- mirror $157.50 $92.50
60-in. Mahogany Buffet $157.50 $92.50
60-ln. Mahogany Buffet ,$187.50 $95.00
66-ln. Mahogany Buf ret , . $1 95.00 $99.75
45x54Mahogany Ex. Table $125.00 $75.00
54-ifl. Mahogany Ex. Table... .$130.00 $62.50
64-in. Wax Oak Table $ 98.50 $57.50
48-in. Wax Oak Table ...$ 75.00 $37.50 '
42-in. Wax Oak Table.. ......$ 43.50 $19.75
.Wax Oak Chairs $ 9.00 $ 4.50
Wax Oak Chairs ..$ 12.00 $ 6.00
Golden Oak Chairs .$ 16.50 $12.00
Walnut Chairs $ 22.50 $16.50 '
Mahogany Chairs $ 20.00 $15.00
Bed Room
r Furniture
Former Today'
Price . Prlee
Old Ivory Dresser $ 89-50 $ 52.50
Old Ivory Chiffonier i $ 67.50 $ 39.75
Old Ivory Vanity Dresser ....$135.00 $ 86.50
Old Ivory Dressing Table ....$ 82.50 $ 42.50
Old Ivory Bed.- .'. . .$ 75.00 $ ' 42.50
The above can be furniihed In Walnut also.
Odd Mahogany or Walnut
Chifferobe '....$150.00
Odd Mahogany Dressing Table $133.00
Odd Mahogany Vanity Dresser $246.50
Large size Walnut or Mahogany
Dresser $175.00
Odd Mahogany Chifferobe $195.00
Odd Mahogany or Walnut
Chifferobe $ 87.50
Odd Walnut Chest of Drawers. $ 87.50
Bed, Dresser . and Chifferobe.
' brown mahogany $160.00
Mahogany Bed .........-.....$ 82.50
Walnut Oak Bed $ 35.00
Walnut Oak Dresser ....?...$ 69.50
Golden Oak Polished Bed Room Suite
75.00
65.00
125.00
87.50
99.50
42.50
42.50
92.50
46.50
18.50
37.50
of four
pieces Dressing Table, Dresser, Chiffonier
and Bed formerly priced at $359.00. Bowen's
Value-Giving Priw today, only....$227.5C
$
'it
Christmas Furniture and Gift Suggestions
. Former
' , Price
Reed Ferneries ...... ...$16.50
Mahogany Ferneries $12.50
Brass Candlelabras ............$ 8.75
Fern Stands $12.50
Cedar Chests, 42-inch $47.50
Cedar Chests, 42-in ,.....$48.00
Cedar Chests, 48-inch $51.00
Cedar Chests, 48-inch $57.50
Telephone Stands $22.50
Smoking Cabinet .', $22.00
Writing Desks .'.$26.50
Sewing Rocker .......$16,50
Card Tables $5.00
Oak Waste Baskets $ 5.00
Easy Rocker , $27.50
Tilt Top Table..: $18.50
Rugs
' Today'e
Price
$10.95
$ 8.25
$ 4.25
8.75
$29.50
$30.00
$31.00
t 36.00
11.55
$11.20
$14.00
$ 8.75
$ 2.80
?2.25
12.50
$ 9.80
1
- Former
, ' " ' , Price
Mahogany Book Ends... $ 6.75
Polychrome Book Ends $ 6.50
Smoker Sets ........$ 6.00
Sewing Cabinets ..$ 7.50
Parchment Shades $ 5.75
Boudoir Lamps y..M.. $12.50
Polychrome Lamp Posts ..$32.50
Table Lamps $27.50
Floor Lamp $38.50
Carpet Sweepers ..$ 4.00
Sewing Table .$ 3.75
Tea Wagon $22.50
Set of Dishes $15.00
Serving Table $25.00
Aluminum Percolator ,..$ 2.50
Electric Iron ; .$ 7.00
Today'a
Price
$ 2.75
tl.00
3.50
t4.75
2.95
t7.75
13.75
$14.25
t 2 1.50
1.95
$ 2.00
SI 4.40
8.80
14.0O
$ 1.40
$ 3.95
Bed Spreads
The best tanduul makes of Worsted Wilton
Rugs. Fringed ends, latest patterns.
9x12 Former value, $195.00; now. ... $145.00
8x10-6 Former Value, $185.00; now. . . .$139.50
6x9 Former value, $142.50; now....$ 97.50
4-6x7-6 Former value, $ 80.00; now....$ 55,00
36x36 Former value, $ 32.50; now....$ 24.75
27x54 Former value, $ 24.50; now. ...$ 18.75
Genuine Wool Wilton ,
Several standard makes of best Wool Wilton
Rugs. Splendid patterns.
4
9x12 Former value, $165.00; now
8 3x10-6 Former valUB, $152.00; now
6x9 Former value, $105.00; now.
4-6x7-6 Former value, $ 60.00; now.
36x63 Former value, $ 26.50; now.
27x54 Former value, $ 16.50; now.
i
Aluminum Double .(
Boilers Full 2-qt.
, Size $1.25
Aluminum Percolators
$1.40
Black ebonlzed wood
handle, family size.
"Sowen's Guaranteed
Brooms 33c
117.50
102.00
69.55
39.50
19.35
12.50
Heavy White Crochet Bedspreads In beautiful ',
patterns witk plain edges or with scalloped and
cut corners. Exceptional values.
Size 78x90 With scalloped edge and cut y
, corners, each $6.45 ' .
Size 78x90 With plain hem and square .
corners, each, at . $5.25
Sire 78x90 Good quality plain hem, splen
did patterns, each $4.95
Size 72x84 Heavy spread, plain" hem,
square corners, each, at $3.95
Curtain and Drapery Specials
Fancy Colored Marquisette, 36 inches wide. Pretty .
border in a large range of colors.' Bowen's
Special Value, at, per yard .. 69
Remnants -
Short length and some large pieces, slightly soiled
on edges, of curtain, net scrims and voiles,
tjowen's Special Values,' at per yard.... 49
( : Carpet Sweepers .
An M. R. Bowen Co. Special $1.95
Jevrel 6-lb.
Electric Irons
Baby "Walkers $2.45
Just the thing to leach
the baby the Job of walking.
"OMAHA'S VALlJVffviNO 8T0MC
