Omaha daily bee. (Omaha [Neb.]) 187?-1922, December 05, 1921, Page 9, Image 9

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    1 1 A
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Ml
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Bank Prpsideut's
Wisdom-Shown
In Bond Raise
Gold Flows From All Parts
, , Of WorUCjiito United
States Coffers Expect
Call Money Drop.
: 1 By HOLLAND..
. , . The president of one of the larger
; lavings bank of New York is now
' contemplating with gratification the
, . , reults of a policy aiople4 by him
some time- ago and It wa a policy
which aome o hit friends ipoke of
,as rather venturesome. He began to
4buy Liberty bonds and - Victory
notei for the bank at the time when
the market quotations for these
bonds and notes were rapidly fall.
, jug. That Jid not dissuade him from
.. keeping up his purchars. . - , -.'
Even, when these government se
curities touched their lowest point
in the market lit bought heavily al
though at the time he could not feel
certain that ,; the market quotations
would not continue to drop.
Profit of Many Thouiiil.
TnlenUy h found, ftr lnvliftln,
. trit the iner )n h mrkl quota
f -Man for thria i.urile h bn o
' . rapid niiil po large that ha waa abl ta
any to lh trurlau of th ank that tha
profit to tha bank on thtan pun h ill
rraijy rrarh many thousand dallara.
Thia bank pialdnt and mhw hav
trlrd ta aiplaln o that a rapart could ba
made of tholr vl, tha proaent iay
condition, aa c-oriiraolfd with thoaa whl h
. pravallrd a yar to. Thru 4flllon wa
' taunnr nxity. Many ec tn tuiina wtra
l ., varrni loan wairn in in rri
V, wara larg and which thry flt compMIrd
ta carry.
Ths vera railed frozen lnun.
and thr were many injlllona tl.4 up In
Slnr tha hmlnnlnf of tha yaar fold
-haa flnwrd In altnoat immaaaurahla our.
rents from other part of tha world ta
,'tli United Rtalea, Thla haa mada It poa
" ialbla for banka (reatly to Inrrcaa their
r.Hervra. If they hava IJMOMOO In mid
they ar permitted ta loan aa much aa
1 176,000,000 baaed upon thla rcaerve. At
V tha aama time, In niny linea of bualneaa
,lefln.ton wat ended. ,Th ablest bualn
. leader, beicun to put forth e.irneat affort
to liquidate thalr Indebtedneaa te (ha
, banka. They wrot aff ejepraelatjoa la
. . tpvvntorlf.
Rapid UqiiliUtlnn.
( Soma of them fc-ere able to eecura from
their omplovea accaptanra of a, reduction
In wacea. Thera came In the apringr tha
flrat visible) and undarataqdabla evidence
that aome of these frozen credlta had
, been liquidated or wara In ceurne of
liquidation. That evidence u aa furnl.h.J
by the Perioral Reserv bank at Jloaton,
.which reduced Ha dlacouut rate. New
York apacdlly followed that example.
' Thera waa only one Interpretation of
- action of thla IttntS. and that waa that a
. , , rapid liquidation tit fioei ertdit was
In pi-oare..
;" In mld-sprlne ne of the ableet of the
financial authorltlea of New Ydrk aai
. for publication that, ha waa perauaded that
hlh ralca cliard for call money would
be long continued. Tie waa partially cor
. v rct. because tha hla;h ratee wer j eonr
. tinued. but they were net lonff continued,
' " If he meant by the word lung that thw
" - ' ratea were to bo maintain""! many month.
. - Today, In the opinion of those who are
"competent to give judgment worth heed
' ' I n if, ' the' rates for call money may be
by mid-January of neat year aa low aa
8H Per cenU, . Not -ali who hava civen
study to the 'money conditiona. are now
perauaded that cttll nAortoy rates will In
Oanuury touch.- 'S.H .per 'jttent. But tne
.majority opinion tem to be.thut before,
'the- close of January those who burrow
... ' money on call' will, hot be compelled to
. Pax more than 34 per cent for It at least
in'NSw York..
.-.. .. . ' . : Bring Funds to Intuit., .
. -i-The me I tin's of fruaen eeadtla which has
riffvv- betu almoat. eompletad, 'the leading
. 'bankers nay, bro'jaht to banka avail
able funds In large amount. These,. sup.
. Mementing ' tho tufnrmoqs store of gold
, which, .the fi.niSj.Hir.W:.foeses. ,d ;WhpH
, Alley' may utilise,. as ; rr.ve, , areated
. -vVvy ' different 'sltitAtf'on froin .the "one
which caused bo mueh anxiety it year ago.
. , . ' But H waa observed that business and
lipfnstry ave at present not seeking, large
loans. Therefore the' queatlon which ra
.; .-jrtalned.to.be answered was to what avail
able use' could these- funds be put? The
'' 1 answer came speedily. It 1a diacovered In the
- ' utrparalleled purchases' of tonds, ll.a&O.T
s jOpp.OOQ being (represented-by - municipal,
"' , "ounty and s'ta.te Jesues, afltt. perhaps as
much agatn by Ihaestment in governntant
. ..and Industrial socqfitlea.
'' Funds which were, in . plenty explain
the rapid Increase in. the market quota
, ' trtpns for Liberty bonds and Victory nottsj
Ifor investors seeking good i Investments
. turned, iu many eases, to these govern.
inent securities. They were assured that
' i "In the course of time, and a, abort tme,
)ha quotationg for these securities would
touch par, and in the case of one or two
.Jof these government txaues, might pass
-par. So also tha plentifulness of funds
.explains the Instant absorption of tae
iy lines of 'securities, as for lnatance soma
of the Industrial or public utility Issues,
, vnuch. ss the recent instant absorption of
ad over-subscription for the bond issue
' V 150,000,000 by the New Tor Telephone
Vipany. and another large bond issue
, n ch tha najne of Edison identifies. '
t '' . New De-relepment Foreeaen.
Although buainesa and industry have
not as yet taken much advantage of the
,-,-C plentifulness of funds, yet it seems to be
the impression that after January 1 In
duatry and business will find It expedient
i- 't seoure funds, because the business out
leok will .tustify action of that kind,
Furtheromre, it la known that seme
time In the winter or early aprlng. should
,iv eenditions remain favorable, aeveral very
large. deyeloPmo),t Plans wilt be put In
operation.' Some of them will ba reflected
."in increased mining. In fact, It la the
impression that the enormeus surplus of
upper which, according te some estimates,
' was a' few months ago not far from
t noo (ion on nounda. will have been fully
marketed, so that copper mining will
'. again become active.
tf the railroad situation improves and
peace is established between the railroads
. and the men wno.wors, upon mem, win
the railroad comPenUe will also seek new
funds, so that improvements which are
. . ven now Imperative can be undertaken.
Thla is referred to by men of finance
-rs an amazing, unaurpasaed change in the
nrtiienneaa with which It has come, when
omparison la made with the situation as
IE was a year ago. It certainly will, he
reflefteri In Improvea relation witn r.urope
and probably with a demonstration that
, the nation of Europe have begun to re
cover.
Sense
.ommon
. By J. J. MUNDY.
The Child and School.
Why do you wait until the cmA--gency
arises to get ready for it?
: -The child at school plays . and
wastes vahlable time all through jhe
, month and fails on examination. -Jf
lessons were learned" by tMs.it
Would not be so bad, but when it
goes along month after month and
year after year, taking part in ' all
...vhe social - and physical stunts and
cramming for examsi only to. forget
what was studied before the report
card mes in,- a -serious condition
ejtists- : . " :"'' 1
Tarl vntii" rlirlr!rn lnfrti srxn
-of whatir to bo expected-in the
- coming montn.
: . If the children-"" cannot-find out,
consult the teacher and make a
synopsis yourself and get the idea
over in a "general "way to your child
as early as possible In the month.
Itcan be done and the daily les
sons lcarned'as well. T'
Refer.-!' month i half cone Tour
child will be "reviewing the subject
for daily recitation, and win nave
- r.r;n H it to rft en a a whole that
the little matter of an exam" wilt not
be dreaded,, . i
It is word everything to teach
your child how to study. '. -
Do not bla'ne the teacher, but set
tfi work yduVself to get art tindo
standing of the child's' problems and
help the child o help, itself, later.
(Cerrlb", l:i. Intamaitaeial Faatewa
kUlUt, lM.)
THE GUMPS - -
&OT PR OKA 'MlH'w FOVS
Vle? K TU5CK 09
truA.sr ViaVf UN1 . ,
?H0106.eVVWtUX-
o) Ts ?CTV-
TmE ,THaMt.-
liveStock
Om
aha, t'C
I.
Iteeelpta were).,
Sffkial Mohday ,,.
fficial Tue.day ,,
Official Wedneaday,
Offlrlal Thuraday .
Official frlday
Ratlmate Saturday.
C.ttle
.IH
4.1IT
I HI
na
Haas
i.iU
II, lit .
10.71 1
1.107
t,f
4.2110
4H.SI.1
11.414
S3. 1st
heap
11. kb?
J a. 013
14.441
6.H4
4.UIS
ii'M'i
zt.tu
ill.S.S
U.ii
97. Ul
Six days this week
fame day last week
Same day 1 wit as
tame day I wlc afs
,ii,:it
:a.7l
e.tt
U9.I84
bame day j eer av
.36,m
r,4f
Feeeipt. and dtapoaltl6n of live sterk
at the Union stick ysrda, omaha. Neb.,
fr Z4 hours, ending at 9 p. m. pecemb.r
9. ; ' ' " -
niCBIPTS-CSRS. ?
' . Cattle Hogs
Missouri Pselfje Ily - 9
union raniiio n. n. . 11 in
C. K w. ea.t. I
C. p. W. Py., west :i
C, St. P,, U, k O, y . ...... 1 I
C, B. aj't., east X
C, B. ft Q. Ry., weat........i ... 19
r c t . n ... ,
i.., k. i. a r east ...
C R. t, C, west..',.,.,,.,, ...
Illinois Central Ry, ...
1
I
1
it
HOTS
704
I7
JOB
654
. Hi
1944
4
44
45
I Total receipts 99
IH8F08ITION EAD.
i Cattle
Armour at Co
Cudahy I'acklna; C...
Do Id Parkins; Ca
Morris Packing Ca.
Swift A Co
J. W. Murphy..,
Swart J V Co ,
JHgglna, Packing C...
John arurvey
38
93
i
Total! ..
. SI 4365
Cattle Cattle were nominally steady to.
day, as usual on Saturday. About bOflf
head were received but tl)ey were moslfy
dirert. 1'hla week's run his been very
moderate, only 21,400 head, and uh there
has been a healthier tint to the demand
nearly all classes are selling sharply
higher than on last week's low close,.
Hundy --any western beeves have been
here. ' Corn-fed steers are generally 7&u
43)1.00 higher than last Friday, cows and
heifers are toe higher and utooker nJ
feeders have advanced J 6 4 60':. .
iuotatiens on Cattla--Uood to choice
beeves.' 17.75!. 75; fair to good beeves,
IS.Tte7.C0;. common to fair fceevas, 36.75
6.60 avwd to'"Ohle.e yearUnc, $t.9S4
Jft.OO; fa,ir to god yearlings, $7.00 sjp 8. 2S ;
rommen'. to . fair yearlings. 35.V6iSill.76;
good ta choice heifer., 5.5gi(.IO; fair
to good heifers, 34. 16 if t. 74; good to
Dimloa nows, ' t4.855.68; fair to goad
rpws, 34.004.76; common to fair cows,
3;.86Q3.76 good to choke feeders, 9t.fi
fill. 35; fair ta good feeders,' IS.2is)I.TSi
oemmen to fair feeders, 14. Ato5.;6; good
to choice stockers, fd.lStf S.T6; fair tu
good stackers, 5.S0ft.00t common to fair
Stockei-B, 34.60f3.3J; slock heifers, 33.79
rs-Wi mu .. VfWW, ,.Se0.t..' gtOCKl
calves, 34.00ffl7.fl0: veal calves. , 3S.60 m
3.50- buflB, stags, etc., 93.T6tt6.ee: good
te choice grass helves, 91.7(06.60; fslr
to good grass beeves, J5.00(JMO: ceiu
mon to fair grass beevea, 94., 60(6. 00,
HogsReeelpta of hogs were 4.JO0 head,
The market opened fully steady today.
developing strength and closing; EffiilOo
nigner, Light weigni hogs Urougnt 8 46
(. with a top of te.CB. Good mlaed
leads, tt.BHfiMO, medium weight packers,
sn.toiro.BO vim, negvier packer r;own to
9t.St. BulU' tit sales was i6.3tMO, (!m.
pared with a week ago'' the top Saturday
is 16c below the high figure of 36.10 paid
Saturday a week ago. ' The bulk, of sales
one week l'7p were In the range of 96.19
.5 or Hutu changed from the bulk of
Saturday, of 93,9603.60.
No, 'Av. Sh. Fr. No. Av, Sh. Pr.
99. ,.473 l,.. 91 ti 7. ..334 140 35 SO
1 1 ... 8 f g 60 63. ..306 1M US
89. ,,213 ... 110 ST. . .S3 40 lit
71. . .993 70 10 48...2SS 140 30
t. ..364 : 70 IS 63. ..261. ... 40
63. ..261 .... .6 45 ; 62. ..210 ,,. 6 60
81. ..205 ... 6 65 88. ..186 ... 6 0
16. ..210 . ... . 6 SS
Shep-t-No fresh, sheep or lambs were
received Saturday. Quotations .are teady
and -the ' general trend of the lamb and
Sharp market for tha week has been up
ward. Choice tat lambs- brought ton
flgura of 9i.ti which is 26a above the
high mark last week and is the highest
paid since September. Fair to good lambs
are quoted at l.00fiS,40 and feeders
9t.50Q9.00, this is a gain ever last week's
quotation of too when feeders sold at a
top of 35.50. Light weight ewes also
reached a new high mark of 94.76 whloh
Is 50a above last weeks' close of 94.26,
he heavier grades ar quoted about
steady at 93.0063.50.
Quotations on sheep: Fat lambs, good
to choice, 99.40O9.85; fat lambs, fair to
good, 30063.40; feeder lambs, good to
choice, 83,5009.00; feeder lambs, fair to
choice, 38.508.7t; feeder lambs, fair to
good, 97. 6099.50: cull lambs, 35.25.26;
fat yearlings. 9t.tO07.OO: fat wethers,
94.f096.2t: fat ewes, light, 8t.00S4.76;
fat ewes, heavy, 93.0008.60; feeder twos,
92.7603.80; cull ewes, 31.00$) 3.60,
Omaha Produce
Furnished by Etate of Nebraska, de
partment of .agriculture, bureau of mar.
kets and marketing: - .
Live Tonltry.
TVh'sale
' ' Buying
Price.
Broilers .,17
Springs ...J. .It
Mana, light 14
Hens, heavy ......19
Cocks " 10
Dncka 14
Geese 19
Turkera .30
DrrSMd Poultry.
Froilera
Springs
Hens
Cock a .
)urks i
Geese '. ,
Turkeys
..18
il.1T
.,1!
.'.II-
..19
..3
. 4 re
-Wgge,
Eggs, per case. 111.
select, . rresn -....4S eyeo
No. 1.. freah 41
No. i. .fresh ...... 21
Cracka. freah ......33
Storage . eggs (ac- -
4S
03t
cording lo irade)....
049
''. -r - - Bntter.
Creamery, ' prints' 4S 4
Creamery, tub...v, 44 $43
Ceantry. beet 30 32 .15 t3(
Conatry, coBimo..lJ 026H li 34
Butter fat, atarloai'
price ..-...;.... SJ - -"
" " Hay. . " .
rraina .-he. . 1
Upland
No. 9 1'nland
ll.tsfll 80
.5O19.t0
" 7.5e0 8.51
10 50911.50
8.518 10.10
i.nte i.io
9.10 9 9.00
T.10 0 ,!
18.00919 00
18.S0 91T.00
'3.9001$ 0
19.00 T 19. 0
8.00 9 9 01
.9 9.09
Na.
No.
No.
No.
Ne.
No.
Vpiand .
Midland. ,-
Midland ,..,.
Midland.. ,
Ixiwiaad,.
T - - f "
Aifaira tchcei ill!!!"!!!
No. I ....si..
Standard
No. 3
No. 3
Oat Straw .
Wheat Straw .. .
i.ooty i.i
Fruit Delicious eppplee: Eitr fancy,
f4-le. 3t 00: choice. 14-91. 94.Se; choice.
lea-Ill, 14 ;-choice, 129-183. 93t:
cheice, 175-19. 9J.e. Jo-athaos: Eitrm
famyj-eil ataes. 83 5: , canice. all aiaes,
92.75; h-tte. ITS and, -smaller. IMS:
llanos, all iie. Jl Sriti. all' elses.
2.S; Vltwsueice. 1 aisea. 9:.H;t -tra
fancy atayenea "m-ap-, 92.; atra
fancy Staymen wfaeaaps.- 92 7S; rhoice
wineeaFs, 3u extra fan-y Rome b-anty
9': extra fawy Rome beanty. 92. 7S;
eh-I.e new teaaty. 8 ter extra fanry
win sea pa. is.ea; eatra laary win sea pa.
Wh'sale
tilling
Price. -
080 21 0t.i
;I7 II t19
IT IT 011 i
21" 20 0i 2.1
013 13 (713
01 IS 0f
915 II $ f 0
095 2t 030
so
023 iS &ii .
093 33 030
014 11 $20
933 ', fl -5
020 'TO 0J6
03t . ; s $4a -;
058
49 5
3:, 4T40
30 j33
99
-
ill IT IN COLORS
IN THE SUNDAY tit
. .. a.
r 'ny eni , ..
O.e iilU'" tKli tS 'YHt
mail
GtYW
11..11 Ilk
0i5 OHCLE
s fa.l.
a. vu
iCwrtH,n a rw Ti
M!t; ebole wlneaaps, 8:.7S. Bananas:
Per lb., ". Oraiigeai Nivil, SH and
Is'ier, 97.0(1; 980, I.t0; r, It.UO; 914,
95 i". I.eiuon.i 170-300, Slunklal, 98.50;
340, 8unkit, 14 00; ioo, choice, 98.00; 380,
choice. 15.60. Urape fruit: 8O.70-84 54,
Dr. riillllpa. 81.00; 4-3: It 75; other
brands all also, 94.60. tlrapes: ' Turn
Red fuipcriirs. 97.00: liruni Alnierlaa,
0.0. franberrlea: Box or banket, 97.00.
Vegetable Onions: tik Red Clove.,
fci amnll crt. ttpanlsh, 95.Si; larga crt.
Spanish, 97.6V. . Cabbage: Crt. loin, 4c;
small lot". 4 Vie. Potatoes: p'hrsske
chl-. 2c; II. ft. Ohlos. branded, 9c; K.
H. Oblns, plnln, 3Uc; baking, Sc. Kweet
potatoei: Baakela or hampers, 91. 7;
kaskeln, lols of 1. 91. to, Celeryi Csllfer
nil. crt., rough, JT.On; large washed, 11.38;
Jumbo waehed, l 10: special, washed,
1.1'.. Leituoai lullerlon head, rris.,
4.00:; Kullertnn head, des., l.60 leaf,
dos., 60c, Cauliflower: Per crt., 11.00.
6)reen Vcgetbl-Kirei , peppefs; Per
lb.. 35c. , .
Root Vegetablea Parsnips: Per lb., 3c.
rutauagoea; Per lb., 3 Vic Beets: Per lb.,
). Carrots: Per lb.. 2 Vic Turnips: Per
lb.. Stye. Cucumbers: Fancy or extra, box,
(5.10; fancy or extra, dozen, 33.00.
Hides and Wool.
Beef Hides Oreen salted No. t (late
take off), pel lb.. 6iPTc; green sailed No.
3 llato lak offl, per lb,,1 6(&8c; green
No. 1 (late take off), per lb 406u;
green No., t (lata take off), per lb., 3
4c; green salted (old stock), per lb., j
tc; green salted bull hides, per lb., Jc;
green bull hides, psr lb., 2c .'.
Horse Hides Large, each. 92.6003. 00;
medium, 32 00; small, 11.60; pony ana
gluea, 73c91.60.
bhecp Hides Pelts, green salted, as to
else and wool, each, 15080c; shearlings,
green salted, as to size and wool, each,
5fe-20r.
Wool Chok-e flno and blood,
per lb., 16 t8c; choice medium and
Wood, per lb.,- 13015c; choice low 14
blood, per lb., 10012c
' NUT8,
Black walnuts, B0Cc. English walnuts,
No. 1. S3'. Brasll nuts, large, l6o
medium, 15016c. Pecons, No. 1, 20 0 84c.
Filberts, 16lSo. Peanuts. Jumbo, haw,
l?S8016c: hand picked. Ho,
The wholesale prices of beef outs are
follows' No.' ribs, 18Vjci No. 2,
le'ic; No. 8, 12'ic; No, loins, 2JV4c;
No. 2, lti'ie: No. 3. loc; No. I rounds,
18'c; No. 2, 13e: No. 3, lOtjo N'o. 1
chucks. SHc; No, 2, 8c; No. 3, 7c; No.
I plates. 7c: No. 3. 7n: No. 3, l4o.
Miscellaneous Pigsfr 24 8-os, packages,
box. 32.00: 10-12-ojs. nuckages, box, 81.50.
Honey: Crt.. 24 frames, 3S.0Q. Cocoanuts:
Per .sack, 98.0O per doen. 91.26,
CHICAGO CLOSING PRICES,
1
By ITp.dlke Grain ,.fii., -IlO 2H2T. Dec. 3.
Art, I Open. High. Low. Close. Yea.
Wht 1 i - ' I i '
Deo, 1.13 1.13 1.12 1.1! J'V
1.13 Vi .- I.l31i 1.13'
May l.H 1.17 8, 4.18 1.18 1.1TH
l.W 1.15 117
July' 1.08 1.08i i-om 1.06H 1.09
1.0814 ....... l.OeVj, 1.08H
Rye
Dec. .'. ' .85 .84 .8$ .85
May. 'i- . 90S ' .l .90 .91 ,904
Corn I' J I "'" 1
Dec. 1 .488S'f',49 J' .48 '.4$ '.
.48 ...... .1','...."...
May .64 ,64'8 .64H .54H .64'
.54',.:..... .644
July 1 .66941 .66 M -"t
Oats I I I - I
Dec. .32 - .S3 ) -.82(4 ' .32'tf .38
May .38 Jg,' .99 Vj .91
.38 ....;.,.(-.,, .38
July I .39 ,,39 .59 .39Vj .38.
P"rk' 1 I I I I
Jan. ...,.,..,', 15.55
Lard
Jan. ( 8.62 8.55 . 8.47 9.4T 9.60
May 8.90 .8.94. .82 8.65 8.90:
PihS I I . 1 I .
Jan, I 7 37 I 7:ST;. 7.37 f 7.37" 1 7.40
May 7.75 ' 1.7.75 . 17.72 7.72 I 7.77
Chicago Grain
By CHARLES D. MICHAELS.
Chicago Trlbune-Omtth pee leased Wire.
Chicago, . Dec. .4. With the
(Jrouth conditions in the southwest
relieved by rain and snow, there is a
disposition on tha part of the -wheat
trade to pay more attention to the
cash situation ; in the United States
and abroad.- and while the foreign
demand in North America has been
light of late, there are many who
are looking for a large business in
the immediate future.
Bullish statistics - have cost the
grain trade a great deal of njoney
the' last few years and at present
haye only a moderate effect on the
markets on this i account. The main
drawback to a' material advance is
the light speculative trade, and as
long as this condition continues the
belief is that prices will be irregular.
Sentiment is- outspokenly bullish in
many quarters, but there is a no
ticeable lack of confidence at times
when the market declines.
. '' Much Depends on trope.
" "Much depends on the outcome of the
crops in the southern hemisphere. If they
are liberal and farmers are forced to sell
freely, especially In Argentina, the de
mands for Canadian wheat from ICurope
might be a row for some, months and it is
figured thnt at the end of flovember
Canada, still held 180,000,000 ' bushels
available for export, or equal to the sur
plus from a normal crop. Owing to the
big sales for forward shipment, the Aus
tralian surplus li expected to have ljt
ffect on.- Kuropcian marketa f or ' a
while. :
is .estimated that the' "Orient and
inrtta win require- ienport-s of. 90,000.080
bushels lof wheat this season, a good
part of'1t coming from Australia, with
the t'ntted States and Canada doing sems
business -with -the former.. Should this ea
timata, ba : confirmed by later -developments.
-an upward revisloa.Twould be ne
cessary In tha figures on .world require,
menu. -
ipiuld the United Plates accede t
the request for a loan of lift. 000,001
to buy - food - for the famine sections of
India, the effect on the market might
b tremendous, as statistically, this coun
ry haa no wheat other than durum and
Pacific, coast grain for export, and nortfc
western mlHs are already . importing
Manitobas. . ,
t'rop Report Due Dee, IS.
The government final crop report will
be Issued ton December 15 and wilt revise
ffte totals for the last three years to the
basis of the census report;' On December
17 the preliminary estimates on win
ter wheat 'acreage and conditions will
be- given ts lha trade.
A wheat erap that enters the winter
wh a sw condition usually results in
a amsll yield,- The aorease return per
acre in years when condition waa high
est was 14.9 buhets. but the average for
years when It was low waa 12.9. The av
erage abandoned acreage ie 19.9 per cent
ef the area, seeded. For tha seven yesrs
with the klghest December condition, the
loss averaged 8.8 per cent and for the
seven yearn with a low condition ft was
14.7 per cent.
The price of corn probably will be de
termined, to a great degree, by what
eitent producers take advantage of the
offer by tha War Finance corporation to
Van money to carry the grain on farms
far. higher vataea. . .
St. aTaaeath live Stack.. ' ,
Joaeph. Dec. !. Cattle Receipta,"
149' head-.- nominal; etera. 94.50tjjiio.5A;
cows and heifers, 92.50010.60; calves,
li. ft ..
Hogs Recetnta. .ea head: about
ateedy: top. S.7; bulk, 98.:i$.:o.
"heep Rer-to,e. I. MO head; irteedy;
lasake, 9.9e9.T8; ewta. II 21 9 l et.
THE BEE: OMAHA. MONDAY, DECEMBER 3. '1921.
THE HALL
vuT ' iikavua.
r-i"' ' -
COt- 00wX UK1 V MvHot
1 111 IVh, (SK V
. TJnT t
t , vi VV--V.
iii a. I
ti nr. caia, si)
Omaha Grain
; Pecembcr 3,
Arrivals of corn today were fair,
wheat moderate and other grains
light. Wheat prices were unchanged
to 2c lower. Corn was Jic to '$c
up. Ooti advanced 'Ac to He, Rye
was up If to 2 and barley was
nominal. '
White corn was Jfc to lc higher,
yellow 'Ac to 1,' jC up and mixed it
lo lc up.
WHEAT.
Ne. S hard: 1 car, II. U (78 per eent
dark emuttyt; 1 car, 11.07; 9 ears, 11.05;
4 cars. 11.01 (yellow); 9 cars, 11.04
(yellow): 8 rgrs, 11.04 (yellew); 1 car,
91.02 (yelow, i per cent dark smutty);
1 car, 91.01 (yellow).
No. 3 hard: I car. 91.19 5erk amuty):
1 car, 91.03 (yellow); 1 car, 11.11 (T per
cent dark).
No. 4 hard: 1 car, 91. 01 (hagvy).
No. I hard; 1 car, 91,00 (yellov).
Maniple hard; I car, 11.00; I car, 9TI
(yellow).
No. 3 mixed; 1 car, ft. 19 (89 per cent
Winter, 14 per cent spring).
Mo. 4 mixed i I car. 96c.
CORN.
No. J white; t cars, 40 e.
No. 3 white: 4 cars, 40c.
No. 9 white: 1 car, 40e.
No. 1 yellow: I car, 41r.
No. 3 yellow: 1 car, 41 (18 9 per
cent moisture); 3 cars, 41 e (special
billing); 1 car, 41c; 8 cars, 41c.
No. 3 yellow: 1 car, 41c.
No. 1 mixed: 1 car, 40c; 1 car, 40c.
No. 3 mixed: J car, 40c; 7 cars, 0c.
OAT.
No. 3 white: 3 cars. 8t4e; 3 cars, ?0e.
No. '4 white: 9 ears, 80e.
Sample white: 1 car, 28e.
TB.
No. 2: 2 car, 75c,
No, 8: i car, 76c; t cgrg, 7.
No, 4: I car, T3e, .
NORTHWESTER! WHEAT RECEIPTS
Today Wk. Ago Ir- A
Minneapolis ,..363 111 120
Duluth 70 " 117 15!
Winnipeg .702 789 974
FRIMART MOVEMENT, '
Receipts. . . Todsy Tr. Ago
Wheat ,,.,!, 8T0.00O l,128.oS0
Corn 1,299.000 419,000
Oats 661,090 . 4i:,0i!
Shipments- ' ' 1 " ' 1
Wheat ..-.,....v...'....I,074,0Od 990.W0
Corn .'. ;..,...'.' 378,800'" ,142,030
Oats 297.000 434,000
EXPORT CLEARANCES,
Today Vr. Ago
Wheat , 493.000 1,868,000
Corn ,.:,,;..'...,....,;-- 888,000 ' ,
Oats .'. 74,000
OMAHA RECEIPTS AND SHIPMENT.
Week Tear
Receipts " Today Ago ' Ago
Wheal -V 40... r.-.JO Jl
Corn .., 9T , 43 fir 7
Oats 11 ,, 12 8
Rye it, -9 t
shipments '
Wheat ............. S4 ' 123 81
Corn , 35 .15 S
Oata 1 it
Rye 7 17
Parley .. la
CHICAGO CAR LOT RECEIPTS.
-. Week Tear
" ' Today . ,Ago Ao
Wheat 26 . - i il 51
Corn v.,.,, ,.294 , 319 ' . 81
Oats 79 ' -if- 117 ' -67
KANSAS CJTT CAR LT RECEIPTS.
... , Week Taae
Today Ago ; Ago
Wheat . 271 122 no
Corn 45 24 22
Oats 1 5 4
ST. LOUIS CAR LOT RECEIPTS.'
Week Tear
' , Today Ago Ago
Wheat ,...58 33 88
Corn .....133 64 45
Oata St 8 36
Trade Review
By R, O, UMf t?0.
A year which Iirb been marked by slow
and uneven economic recovery nears an
ending with seasonal abatement of de
mand in different quarters, but with
basic conditions strengthened. At thla pe
riod, when taking of inventories requires
Mtentlon In primary channels, activity
in other than retail circles Is not ordi
narily witnessed, and was net te be
looked for in the present Instance. That
largo operations have been recorded in
certain branches, as in the hide trade,
merely Illustrates the enisling Irregular
ities, and the conservative dealings in
piOst directions . are more representative
of the general Statqa ot business. Fre
quent reiteration of the Statement that
many buyers are deferring important ac
tion has been necessary thlg year, but
disappointment ever resulta in various
linos has partly arisen ' because of the
expectation of more rapid revival than
the facta of the situation justified. A
fall of aboit 40 per cent In wholesale
prices from the high level ef 0 JO, na.
turally had an unsettling influence every,
where, and the readjustment to a new
basis of consumption, production and
prices could not be quickly effected. The
transition, however, has been proceeding
gradually, and the point has been reached
where a more confident view of the fu
ture seems to he warranted. While dif
ficulties continue to be experienced, In
International finance and elswhere, yet
many of the after-war problems have
been surmounted, and the outlook Is dis
tinctly brighter.
Further Increase In Failures.
An Increase of about 18 per cent in
numtwr ef commercial failures last
month followed a rise similar propor
tions in Octoper.. Such a trend at ' this
period ts not unususl, five of tha pre
oeding 10 years having disclosed mere
defeults in November than October,
and the Increaae last year approximated
14 per cent. A feature e the present re
turns is the fart that the 153,469,839 of
indebtedness, although much above the
monthly average. Is little in excess of
the total for October, when 975 fewer
insolvencies were reported. While failures
for 1100,000 or more in each instance oo
curred more frequently last month than
October, yet the average of liabilities of
all defaults was lower, being about 84.000
less. When current insolvency statistics
are compared with thoae of earlier years.
It is important to remember that the pos
sibilities of financial embarrassment have
been enhanced by the larger - number of
firms In business.
Hide Active and Stronger.
The activitly which has recently fea
tured the hide trade- oonttnueB unabated,
with further price . advances - establtehed.
Business of noteworthy propositions has
been ertected in botn domestio packer and
River Plata frlgprlfico stock, and fully 80,
000 hldea were withdrawn from the mar
ket here In single day this week. With
the present eager demend. packers ap
pear ta ba able to keep cloeely sold up.
and somewhat ahead of kill. Two large
shoe manufacturing and leather concerns
have taken the bulk of the offerings,
and It ta evident that the changed trend
of foot wear and leather buying, with the
call centering on the more moderate
priced goods, la having a decided influ
ence In hide circlea. As heretofore, calf
skins provide arr exception to ths activity
prevailing elsewhere, and lower prices in
franca were recorded at the monthly Paris
auctions.
. rrodrtction of Steel Maintained
7hila current demand for steel product
is -not evenly efstribated, yet general aut
put t we'l sustained at tha recent ia
crease. - With new business irregular, un
filled orders- for Novemb-r may dieclnse
a further decrease: but ml company buy
ing and placing of additional railroad con
tracts are encouraging features. For all
eteel plants, the average of operations Is
eetimated at 4J to 46 per cent egatnat 89
per cent or lea at one time last summer,
FAME
!rcir "TMt OLD KlHi
At taltr HOirtE fftOM
7 Te- vuiun TWsf
TMUfW "Wt fVuXXt. Ov
.rai tt'S OML ltM .
r yaA aVM '
Ve io-c kot J
(SOY A riLOrAT
POOR.,
and mere - blast furnaces ligva heen put
nlo adian ill lume districts. hUtltltra of
1481 Lake Hupsrler Iron are ahipinepta
throw Inleresliiig light an iicndlllnna tu
tha Industry Una year. Tho movement,
which ended this week. Is given by Jht
Iron Age aa 93.900,!8 gross tons the email
est since 1904. The record year was
1918, with an aggregate of 4.734,ouo tons.
Retail Dry (iomla Trade t.alns.
A further gain in retail dry gooda
trad as tho holiday period approauhea
contrasts with- a quieter situation In prl
rtiary channels, fthrre Inventorying Is In
progress. The sharp Irregularities which
now appear ar partly due In seasonal
Influences, but some of the uiievenness ot
conditions also results from price uncer
tainties and other feature. Continuance
of n erratic price movement In raw cot
ton Is ttiianitllng, and the course nf fabric
markets lacka uniformity. leaplle these
phases, hnwuver, leading merchants; are
cf the opinion that tha outlook In va
rious respeets Is much brighter thsn wsa
the case a year ago. The rise In raw
silk, which hs recently gathered consid
erable .momentum, euntinuea. white do
tuestlo wool prices ar firmer. On the
other hand, foreign woola have been de
stining and burlapa have also, yielded.
Financial
SheNttolltnkSitnw.
By ALEXANDER DAJM NOYES
Chicago Tribune-Omaha Bae leased W lr
New York, Pec. 4, The rapidity
with which the scene has shifted in
this season's markets, with the whole
attention of financial observers'
turning suddenly from the halt in
trade- reaction to the rise on the
stock exchange, from 'that to the
sweeping reduction "of money rates,
from that ta the upwjrd rush , of
prices for investment bonds and
from that agkin to the violent re
covery in foreign exchange, is pretty
positive indication that a great
change in underlying econQmie coil"
ditions is under way. ' That such' a
change would follow completion of
the prolonged readjustment -from jn.
flated credit and extravagant specu
latioir; sueh1 as obscured in 1919 and
1920, the real economic position of
the world, might have been assumed
beforehand. But the most-" skillful
prophet would have hesitated six
months ago to say what direction
the new drift of events would take. ,
In many respects, the advance of
foreign exchange in last week's clos
ing days vVa of higher i significance
than-.- any ; other movement of - the
season.' The' kind of recovery fore
shadowed in our own' market was a
necessary sequel sooner or later; the
only question was the .time, of its
arrival.
Outlook Important, f ; "
With the European probetv the cse
was .. altogether different. , . There has,
perhaps, been greater pessimism Jri' "Wall
street evr 'th European question dur--ing'
recent weeks than at any 'time sineo
the armistlge. . Therefore, last week's
recovery In foreign exchange, a market
iVhich, aside front the other . jnfluene.ee
which govern It, . reflects in the long
run, any change for. better or worse' in
the foreign economic .situation is of high
Importance.
To what extent the movement had any
thing to do with the German reparations
matter is doubtleas' material for conjec
ture. fo one ceuld learn from last
week's onfletlng information, the at
titude of Intention on this question of
the Qerman government,, the allied states
men or the London bankers,. The pre
sure tact was that the outside banking com
rtl unity has notified Oermariy that; its per
formances with paper rnoney, a reckon'
ing for which' is apparently iu store in
the shape of a- formidable crash on, tho
German markets, were wholly Its 'Own
fault and must be stopped before any
measure of outside relief are granted. .
Future Conference Ukrlv,
Conceivably, there will be an Interna
tional conference at some future time to
consider the depreciated eclmng. Bven
in Wgll street, however, there appear to
be many people with an idea T-hAt some
sort ef financial magio can be invoked
to keep these exchange rates at a stable
Wvel. higher than the present .market.
There is no such magic. We saw in 1917
and 1918. that the thing can be dons
if our government or our open market will
itself provide credits sufficient to offset
the influence of an adverse-balance of
trade and of a depreciated currency' . in
which a draft on Europe would be paid
at its home' market. . But the achievo
'fnent of those yeers cost our' government
810,000,000,000 and has created a knotty
economic and political problem ot Its ewn.
With ..the first-class states pf western
Europe, the trade balance la slowly
swinging In the direction of normal times,
Shipment of gold to the United (States
and placing ot foreign loans In the New
Tork market ar helping. Even with
the inflated currencies. England and
France are taking continuous and,, on thi
whole, unexpectedly , rapid steps toward
return to equilibrium. ,
Failures This Week T:
With sis business days this week coin,
paring wlUi rive such days last week,
when there was a holiday, failures in the
United Ststea this week not unnaturally
disclose an increase, numbering 6JT. This
total contrasts with 45J defslpls : )ast
week, a difference, of T5. but ,1s. slightly
below th 638 insolvencies reported o R.
O. Pun ft Co. two weeks ago. During
this week of last year, 389 failures oc
curred. ' The number of defaults involv
ing 95.000 or more of liabilities in each
Instance this week Is 301, which repre
sents &T.1 per cent of the total number.
Last week, ST6 insolvencies-had an In
debtedness of 98,000 or more In each, case,
the ratio to the aggregate nambir there
fore being 80.9 per cent,-wh,lr9 there were
198 similar failures In this week ot 1920,
or a ratio of 56.0 per cent. .
Numbering 68 failures in Canarla this
week compare with 81 last we1t,-4T two
weeks ago and 30 in this week of 1920.
Of the current week's defaults, 43 had
liabilities of 85 000 or mora in each in
stance, which is equivalent to 63.2 per
cent of the total number. This ratio
contrasts with one of only 95.8 per cent
last week,, when. there were 29 similar In
solvencies, and Is also above the ratio
of 53.J per -cent disclosed in, hi week
of last yuar, . . , -,
--. Food Prices Higher
Bradstreefs Food Index number, based
on the wholesale prices per pou.id of 31
articles used for food, is I3.IM. comparing
with 15.95 last week and 13.89 for the
week ending December. 2, This
week's number shows a gain of t per
eent ever last week, but-a loss of 1.4
per cent, from the like week of last year.
Increased. - .
Flour, wheat, red; wheat.' spring: oats,
barley, ry flour, butter.; coffee, apples,
beeves, hogs, sheep, wool. O. delaine;
hay, copper, tin. i
Decreasetl. ,
.-Corn, cottonseed oil, - peanuts, oleo' oil,
hops. Pacific; cotton, print cloth, brown
sheetings, cat ' whe-ls old. -Chic; steel
ccrjr chic.; tut -Iron, Chic.; coke,
- Chicago Prodar.
Chicago. Dec. 3. Bntter T.ower: cream
ery extras, 45c: firsts. 38943c; seconds,
JlCJic: standards. 38Hc.
Ergs Unchanged; receipt. 1.T25 cases.
vutafrj LT
wir auV4 ONE
VOtl MVS
CtMCtS 0?
I ti(hC ACT Titojl
.
VDeV
eW
Omaha Produce
Ptal nf Nebraska, liepartment of Agrl.
culture. Bureau of Mrkel and Market
ing: Potatoes Potato shlpinenls continued (o
declln last weak, as shew by th unload
rsparts. A lo'sl of 10 ear were unloaded
In Omaha during Ihe first flva dsys of
last week. Very little trading waa done
and prices remained unchanged. No. J(
Nebraska Early Ohio pniatoea sold to re
taller at II. TS to la.fO per cwt., with
N. s selling at 91.89 per cwt. Riel River
Ohio tock nld lo retailer at 92 00 to
12.55 per cwt.
HayHay rsctlpt ran slightly heavier
last week than lor the preceding weeK.
A total of 83 cars were reported for 111
first five days of last week, aa compared
with a total nf 80 cart fnt th six day
of th preceding week. Of last week'
receipts, 28 cars consisted of pralru hay
and 24 of alfalfa. The price of N. 1
reupland and No. 1 midland were reduced
60 cent per ton. The receipts were very
light th middle of th week but wer
heavier then"heu th last of the week.
Tha demand continued good, especially for
th better grades.
PeultryThe extra heavy shipments of
all kind of poultry Into the market lhl
prevailed during the Thanksgiving sea
son peoapio lighter last veek, especially
on live atufr deaiera offered about lo
more per pound on live springs and hen8
than they wer willing to pay the first of
the week. Dressed poultry was In abund
ance en the marktt apd th demand ws
very light. The prices ot pressed poultry
remained . unchanged from what wug
quoted the first of the weel
Egg, There was a material Increase In
the receipt of fresh egg on the market
last week.-- but 'rca remained quite
steady up until thi last of he week when
some of the larger dealers quoted h
buying price at 81 hrp docl'ne. Most
of the dealer are buying eg case count
and paid 811.00 to 113.00 tha last of the
week for No. 1 eggs. Some paid 814.10 to
115 00 psr csbc, less off. Htsrage eggs are
selling at 98e to 40c per doten, according
to grade. ' '
ButterThere was no change reported
In the prices of butter last week. Cream
ery prints sold to retail city trade at 46c.
par pound. Receipts of country butter
were aopiewbat heavier last week, hut
dealer wer quoting tho same prices that
prevailed a .week ago- , .
Fruits and Vegetable The fruit and
vegetahl - marim (S&ntlnued dull last week
and prices were about' unchanged on most
fruits and vegetables front what prevailed
a week ago. ' Cranberrle showed an ad
vance, being sold, at 918.80. to 822.00 per
barrel wholesale. There ar some fresh,
southern, yopng beets, shallots and Brus
sels sporut on the market.
niversity of Nebraska
Rav' Davis, authority on the hlt'-iry ot
ih. PAinnA rhinn. hreed of hoars, .gave a
talk Tuesrjsv- before the pedigrees cries
ef the animal husbandry department of
th college of agriculture.
The Children's theater pjlL on two pro
ductions. Saturday, the flr ;ieing Cinder
ella. This was followed bincjack and the
Beatt Stalk. Especial fare was taken
with tha cast to make it a delightful one
for the children. Pauline tialUtly took
the 'part of Cinderella and Richard Day
waa -Prlnes Charming. . ,
Nebraska is Included in the ' list of thn
six universities which' offer the best op
portunities for. work in geogrgphy Tho
national tasearch :,cuncll,.. in a bulletin
published a short time ago, names Cali
fornia, Chicago. Columbia, Harvard. Ne
braska, and Wijiconaln s ... the schools
which are, the leaders In this study. '
The omen's1 divlBion of the- university
chamber of commerce has ' received -ofr
fieial recognition as an organization. Tho
following officers have heen appointed:
Nancy Pennoyor, president: Mildred Oth
mer. vice president a Helen Shonka, sec
retary Blanche Uramllch, treasurer.
H " . Hebron Academy
The footings are In and bffck work start
ed on. the new Jniildlnjf, for the -Hebron
academy and-Contractor . R. O. Stake of
Inoeln enpecte to haye th building com
pleted before the beglntilng of the next
icheol-'year. .--.v "''
This building will contain Class rooms,
laboratories, assembly room, music, studios.
library,, administration office, and a gymnasium-auditorium.
Thla latter han stage,
dressing room, bleacher, peat-storage, and
a. playing floor 40x80. ' The building prp
gram approslmatca 80.0ii0.'
Hastings College
: Th eleventh annual foot ball banquet
Monday had the largest attendance ever
recorded at a similar affair at the col
lege. Plates were laid fpr 228.
Hayes M. Fuhr, director of tho con
servatory of music, left Tuesday for Chi
cago to eeoura material for the glee club
program.
President Galvln H. French returned
from an extensive trip through the east
where he has beeij traveling In the in
terest of the college.
Bdnk Clearings
Back Clearings In the United States for
th week, ending December !, reported by
telegraph to Bradstreet Journal, New
York, aggregate 17,478,618,000, against
85,657.084,000 last week and 88.492,190,000
In this week last year. Canadian clear
ing - aggregate 1290,481.000, as against
$.109,598,600 last week and 1371, 041,000 In
thla week last year. Following are th
returns for this week and last:
New Tork " ...4,866. 800.000 3,3T.900.8
Chicago ...... 581, 986,000 429.811,000
Philadelphia .. 443.000.000 337.000.000
Boston 327.000.000 260.000.000
Kansas City .. 151,888,000 - 108.8080.00
St. Loui .... 130.900.000 109.IO0.000
San Francisco ' 149,700,000 118.100,000
Cleveland 79.710,069 8T.T88.000
Detroit ...... 96.686,000' 78.698.000
Minneapolis 1 68.608.000 SB.595.000
to Angela 96,795.000 ,.74,1T8.000
Cincinnati .... 58.46!. 000 46.632.000
New Orleans j 60,000,000 j .37,904,000
Atlanta .v... -...43,999.000,. 89.479.000
Richmond .... 49.068,800 43.623,000
Omaha 33.382.000 CI. 70S, 008
IluffalO- ...... S8.485.O0O 30,558,000
Seattle 55,164.000 . , J6.T5T.000
Denver 32.636.000 32.052.000
Portland, Or 33.036. 000 21.848.000
Dallas 28. 800.000 I3.TO0.000
Milwaukee ... 27.690.oo :2.480.0n
Louisville .... y4.8ST.OOO 20.R31.000
Houston 81,844.000 2S.994.U00
Memphis 30.841. 00O IS. 052.000
Nashville .... 18.676.000 14,353.000
Oklahoma ' SS, 886.O00 19.135.000
St. Paul ..-..(, 18.746.000 12.239,000
Blrralna-ham ;. . SO, 804,000 21.901,000
Port. Wnr.th ., J0.951,oon . s.m.ono
Indianapolis ., .15,898.000 . 13,679.909
Weshlh'n DC . 18.104.00 16.252.000
Salt . Jvsk' City . 19.226.000 13.316.000
Ht. Joseph .... 9.30". 000 . 7.202.000
Toledo 11.869.000 8.868,000
Columbu .... 13.tJ4.00O 9.630,000
Wichita 10.146. son 9.603.000
Providence ... . 10.96T.0OO 9.973.000
Tulsa . 6.318. OOffl 8.612.008
Snon , " 18,784. 00 10.494.000
De Molne ., 9346.000 6.542,000
Rochester,,...- -9.078.O0O - 8.961,000
Akron c 6.8TA.OM ' 4.J88.OS0
Oakland 18.101. 000 9.539.000
Hartford . ' 11.818.00O 10.167.000
Norfolk 8. 169. eoo ' .256.ooo
Sioux City ... '' 4.140,00 -8.610.ooo
Galveston .... f, 792,000 7. 026, 000
Total U. S. ... 7.473,56.0 6,657,084,000
. ... ' Chicago Stocks.
Tho following emulations ar furnished
by Logan at Bryan:
Armour Co.. pfd 94S
Armour Leather Co., common 12
t uaany Packing i;o., common ti
Continental Motor 61
I.it.by, McNeil ft Llbby t
Montgomery ward Co. la
National leather 9
Schools'
Swift 4b Ce. 100 S I
Drawn for The Bee by Sidney Smith
Copyright. USt. Chitaga Tribune Comptbf
WCVt tttM-
0 MX TAMaX
P0T nnt
CMROM08 - Ht'
rini -
' 7, rl CMt OV SAA1
Or-
1
Theater Head Is
Indicted for
Embezzlement
J. L. Adams Must AnBwer
Federal Charges of Failure
to Turn Over War Tax '
Chi Admissions.
Dcs Moineg, la., Dec. 4. (Specia
Telegram.) J- J-.,' Adams, former
!.. Moines theater manager, was.
indicted for embezzlement ty the
federal fraud jury when it aulimittea
its final report to federal judge.
Martin J. Wade.. A true bill wag
also returned aaainst the Adams
theater company, o which Adams
waa president.
Adams is charged with failure to
turn over to the federal revenue de
partment approximately $26,000 due
as war tax on admisions at his
theater, He is now at liberty on
bond and will probably be arraigned
hefnre Tudita Wade Tuesday.
... Adam? sponsored a summer stock
engagement in Umaha last summer,
which met with failure similar to bis
projects in Pes Moines.
Government Urged
To Help Unemployed
Detroit, Pec. - 4. Deploring what
they termed widespread unemploy
ment.: sneakers at a national confer.
once of unemployed pleaded for gov
ernmental aid lor all persons out of
work and: for a government, system
of pensions ijr the ageo.
Sneakins of the recent unemploy'
nient conference in Washington
Robert Jrwiflrof St.r Louis declared
"no tangible results had been shown
as the result of it."
Resolutions ' urainn government
relief,, nationalization of spmc basic
industry such as the coal mines, in
order that-; work might; be.. appor.
tioned among unemployed, and ah
immediate reduction jri freight rates
"that would be felt in. the price of
commodities," will be presented to
the conference before it closes to
rnorrow, it tvas announced.
Mystery Clouds Death
. Of Woman Physician
t'liicajo Tribune.Oiimha Jlec ?es4 Wire,
Bridgeport, Conn., Dec. 4. Mys
tery surrounds the death of Dr. Efiz
abeth Lillian Radpni, 35, prominent
Bridgeport physician, who was found,
dead at the gate of the estate of Miss
Anna B. Jennings, Fairfield, by.. a
watchman. Medical Examiner Don
aldson announced 'he believed death
was due to drugs. ;;, "
The police and medical examiner
failed to find any evidence of foul
P'ay.
Former Prohibition Agent
, Convicted on. Bribe Charge
Milwaukee, Dec, 4.- Bert P Her
sog, former prohibition enforce,
ment official, was found guilty of
bribery charges by a federal jury,
The .jury voted guilty on eight
counts. Sentence was deferred un
til Tuesday and Hersog was re
leased on a new bond of $15,000.
Bee Want Ads ' Produce Results.
Service
We Solicit .
Your
Cnifrjrnnt
of All Kind,
of Grain
i to Omaha, .
Chicago,
Milwaukee,
Kaaa City
and
' Siouz City
Eyry Car Rceire Careful Poronl Attention
Updike Grain Company
"77ic Reliable Consignment House
Jack and Jill
Fiik. dear. I want certain thing
the worst way in the world. Will
you prom to t for, "?"
-jiow can i tr ii, iii,
know if 1 can?'
"You ihmi d trust me enougn w
know that I never ask for anything
unreasonable. If you dn"t proume
t once 1 know you don't trust ine I
Her pretty arms were anotu mi
,houldtr, she stood behind wt
chair at the breakfant table. Who
could have resisted them or such
logic?
"Well, that a dinerent ugni io
put it in. Ml promise. nau ne
the green cheese moon, or the rising
sunf'1 . ,
Nco-o! But something Just i
regular ai both of them. I'm so late
keeping appointment that I want ti
reform and always be on uie ecoua
after this whrn 1 am to meet you.
"Fire ahead, drar. Is it a new
watch? That wri.st thing of yours
is terrible, I know."
"Yes. dear. I want another wrict
watch, but a Miullcr one!"
"Why. Jill Bin, those dinky lit
tle thing never keep time! Let nir
get a reaj one with wheels in it and
everythinglike this one of mine,"
"But that big walch ot youra i a
man s w atcii ana weigns a inn,
"Shucks! It has room eimugh in it
for a real works. Why. this watch
hasn't lost 20 second in the last five
"Hut, Jack, dear. te picase mr
"AH rinht, all right, honey. But
you fee it It stl t just me same a
the old one. .
. He was soon away on the morning
whir! to the eity, alter a promissory
note kind of kiss.
That evening he produced a bun
dle from, the jeweler whose name
needf no advrtising--on Fifth ave
nue.' "You Mgr. sweet darlingt It's the
sweetest little watch I ever saw in
my life. I just know I'm going to
love it almost a much as I do
you.
"I hope it'i as regular in its habits
as I ami"
Nothing daunted by his amused
irony, Jill strapped the glittering lit
tle watch to her arm, and admired
It many times duing the evening.
It was three dayi later that Jack
called up from the city, to invite the
most adorable better, half in Chris
tendom to st family reunion of two
in a big restaurant on Broadway,
with a show to follow.
"Meet ne at 6 eharp, darling!" he
said. "We won't get a table other- .
wise, I'll be at the station waiting
for you to come out." "
Jill waited that evening for exact
ly 35 minutes. The big waiting room
was crowded and Jill was actually
jetting cross.
"I'm eo sorry, dear," said Jack so
humbly. "But this counfounded watch
ran down and I didn't know it
had stopped- I won't be late again."
-Jill looked at the tiny timepiece on
her arm triumphantly.
"Well, you'4 better set it by the
correct time."
Jack peered at the watch and
whistled,
"Why dear, it'a exactly 7:37 bv that
little toy. J told you it would never
run right It'a too email. You're an
hour fait." ,
"Yes, Mr. Wise Man! Jt gains an
hour-enactly an hour every day. And
so all I hve to do is just to count
back 60 minutes at dinner time to
know what time it is."
"Well, at any rate it's regular in its
irregularity. Some watch, I'll remark
to the universe. I admit, Jill dear,
that .you're always in the right."
(Copyright, D3l, Thompson Feature
... . , Service.)
South Side
Omalia Live Stock Exchange
Name? Candidates for Office
The annual meeting of the Omaha
Live Stock exchange will be held
next month. Saturday the following
nominations for officers were made:
ViIliam T,' Cox, president; W. B.
Tagg, vice president; members board
of directors, three-yer term, Charles
F, Cox, Charles Burke and Clarence
L. Peterson; unexpired two-year
term, D. B. Olney.
South Side Brevities
Watch (or th big surprise that Philip
bit; store Ir lor (or you. Advertise
ment, ....
In England there are no accepted
standards of design in automobiles.
The. only two standards of practice,
however, are economy and speed.
ooo
in the careful handling of all
orders for grain and pro
visions for future delivery in
all the important markets.
We Operate Office at
Omaha, Nebraska Sioux City, Iowa
Lincoln, Nebraska Dea Moines, Iowa
Hastings,. Nebraska Hamburg, Iowa
Holdrege, Nebraska Milwaukee; Wis.
Geneva, Nebraska Kansas City,. Mo.
, Chicago, Illinois
. - '. J f ; - .. ..
Private wire connections to all offices
except Kansas City and Milwaukee.
1
I
i l
!i
K
te
x Hicago, Dtc, -oaurr.A!iv. un
changed.
Jf
4