THE m. OMAHA. THURSDAY. JANUARY 5. 1US
Fiiirlmry Hank
, is Turned Over
! lo State Board
SlmklioMm .Uk Liquidation
DqtoMiors' Accounts
TsKrn Over liy Other
Institution.
Fairl.iiry. Neb.. Jan. 4. SpccLI.)
The kolncl bro, ll.iil,itig com
pany of Kairlmry diil not open 'or
liuincs Tuesday. The Moi klioldcrn
i the hank held their annual meet
ing Monday. All the 4oii was rcp-roM-iUi'd
ami by vote tide department
v( trade and commerce,1 wan reiuesi
td to take over the institution am!
f ettle hi affairs. The; other bank ot
I'airhury have Hgre.l to take over
the depositors' accounts ami tin
patrons of the laik will MilTcr iv
inconvenient-?.
The Fairbury Saving bank, whit h
l.an always been Ln adjunct of th
ioodrith,Iiros. lJik, is notified"!
by the closing of I he main hank. It
v ill eonlintie hiiMiess and was moved
: teuirary quarters in the First
! N.kioiuI bank building.
Secretary Hart of the state bank-
i i i C b"irl sayi that the difficulties Ot
the bank few out of irregularities
! eiiinir n tor the lunt (ew vnr.
talk of the bank's condition caused
in unrest among the depositor
During the past JO days liquidation
has been quietly going and tlie Ue
toit haxe been reduced from
4iio.ix)0 to less than J.'OO.ixW.
The Goodrich Uros. hank n
organised in IHKo and has alas
enjoyed the conf'idenre of the people,
f his is the first bank failure, in Fab
bury.
FrcmoM Dental Offices j
KoMmmI of $130 in Gold
Fremont, Neb.. Jan. 4. (Special.)
Thieves visited every dentist's of
fice in the city and secured s"U
valued at ?I50. In one office build
ing, where four dentins are located,
the burglars "jimmied" their way
through the door. Nothing but gold,
such as fillings, crowns and scraps
as taken. Seven offices were en
tered. Among the victims irc Dr.
ha Ki'im. $0$: Dr. R. V.. Dooley,
$.'; Dr. Lloyd C Hlackman, $-'5;
Dr. . D. Muir. $40. This is the
third time that the dentist offices of
Fremont have suffered from like invasions.
Broader Activity
in '21 Reported by
Federal Reserve
There Was Lessened Demand
for Hill of Activity During
Year, Declares Board's
Survey.
Washington, Jan. 4. Lessened de
mand generally for bills of accept
ance, but a somewhat broader activ
ity, was reported by the federal re
serve board today in a year-end sur
vey of conditions in the acceptance
markets of the 12 reserve districts.
Activity prevailing in the bill mar
ket in November did not continue in
December, Boston reported, and
sales during one week were -described
as the lowest for the year.
The influence of tax payments com
ing simultaneously with the new tcr
tilicate issue and the year-end ad
justments had a deterrent effect on
the investors, according to the sur
vey. A considerable decline in the
country's foreign trade during 19J1,
in addition to the fall Iu prices, re
sulted in a reduction in the amount
of hankers bills in the New Yoik
maiket, the survey continued, add
ing, however, that there was a stead
ily broadening market,
"A highly inipoitant development
of 1921," the report said, "was the
growth of a market for call money
lent against the security of bankers
acceptances and treasury certifi
cates." A general falling off in acceptance
transactions during November -was
reported by Chicago, the create."
part of the bills drawn being againt
meats, meat products, tobacco and
canned good".
Bills originating on the Pacific
coast, thj San Francisco bank de
clared were appearing in larger
quantities but, the supply was still
insufficient to meet the investment
drhiand, and prime eastern bills con
tinue in good demand.
During the latter p.irt of Novem
ber, the bank said, "the demand for
acceptances was steady with a heavy
call for bills which would full due
before the end of the year. At the
same time a gradual broadening of
the market was noticeable, chiefly
among country banks, but to a
larger extent among corporations
and indviduals.
Federal Reserve
Bank in Europe
Urged by Owen
Institution Would He Liuked
With American Reepe Ss.
tout, From Which It Would
Draw Resources.
Washington, Jan. 4. The estab
lishment of an European federal re
serve bank, providing a gold secured
currency and linked inseparably
with the American reserve system
from which it would draw its re
sources and reserves was advocated
today by Senator Owen, democrat,
Oklahoma, as a basic move toward
restoration of stable economic con
ditions throughout the world.
In an extensive speech in the
senate, the Oklahoma senator sug
gested in connection with the pro
posed reserve bank, the following
proposals for American aid in orld
rehabilitation:
Postpone Payment.
I. That we should postpone the
filial payment of the world war debt
in the United States by extending
the payment over SO years; that we
should not (or 10 years colL-ct any
amount under the sinking fund.
2. That in arranging the payment
of Europe's debt to the t'nited States
we should cMend time to Europe
iecesary to enable them to readjust
their affairs ami regain their produc
tive power and that we should n't
tor 10 years demand of them the pay
ment of interest due but allow it to
merge with the principal.
3. That we should put the Interest
i ate at J per cent on Europe's de'it
to the United States.
To Amerlti Federal Reserve.
Mr. Owen at the same time sub
mitted to the senate a bill to amend
the federal reserve act so that cstab
lishment of the foreign bank would
he possible. He proposed that the
European bank should be owned by
tl e reserves system of the I'nited
States and that from the 12 banks
here it should draw a total of $5011.
MHVWO in gold as a reserve. This, he
claimed, would in no way impair the
reserves or resources of the American
institutions yet it would enable the
loreign banks lo issue .MJU.UUU.txiU m
notes, backed up by gold as well a.i
100 per cent commodity bills.
Bee Want Ads Produce Results.
Fremont light Plant
to Be Bought by City
Fremont, Neb., Jan. 4. (Special.)
The city of Fremont has author
ized the purchase of the rloctncal
distribution system from the Doherty
ias and Light company (or i'25,tt
The purchase price will be p.iid (ron
the earnings of the city light plant.
This transaction gives the city ex
clusive operation of electrical power
iu Fremont. In additioin several
surrounding towns secure power
from the Fremont plant. The sale
of the clertric light property by the
Doherty company is the culmination
of a long drawn out attempt of the
city to obtain full tights to the elec
tric plant. The Doherty company
wilt continue to furnish gas service
in Fremont.
Soldier Patients at U. S.
Hospitals Threaten Strike
Wiv York. Ian. 4. Soldier pa
tients in the Vox hills Polyclinic and
Hudson hospitals, threatened today
to walk out because, of an order re
ducing their daily ration allowance
from $1.10 to K0 rents. Maj. Wil
liam K IVru.in klute 'onuiuniler of
the American Legion, obtained their
promise to hold on pending action liy
Washington.
Arrcwory Thieves Steal
Five Autos in Fremont
1 leiiiout, Neb., Jan. 4. (Special,)
Five automobiles weie stolen iu
Fremont dutiug the past week bit
all were recovered when they weiu
abandoned by the thieves. Police
are of the opinion that a band of atili
thieves are working in this territory.
The abandoned cars have been found
on the outskirts of the city and near
by towns where they were stripped
of extra tires and other accessories
The autos were all taken from the
business section where they were
parked by the owners during the day.
Sure
FOR INDIGESTION
6 BCLLAMS
Hot water
Sure Relief
ELL-ANS
25 and 754 Package CvcryvSw
Fr?
in i m
I Pater Pan Sloping Garments, with warm woolen feet,
( for little folks from 1 to i) years; each,
Wmmam'm ITninn SVltVl tf flf low tlPl'lf.
all ankle length,
Third Floor Ctnttr
69c
1.19
Cold Weather Gloves
Eur gloves, fur-lined glovea and mittens, plush gloves, wool
lined gloves and fur-trimmed gloves, all at one-third less than
regular prices.
Something Special for the School Boy Vclour gauntlets that
look just like fur and have a warm PX
fleece lining; 1.50 value for OiJC
Msin Floor North
Snow at host I Anno We Are Prepared!
Every Cold Weather Department in
Comes to the Front With Price
This Big Store
Reductions on
' A'
una i
as: W arm hiimcrs r n r wi n r : ir
Soiled All Wool
Blankets
Every pair guaranteed all pure vir'gin
wool in assorted plaids; size 70x80
inches; worth regularly 11.50.
While a limited quantity 7 C("l
lasts, a pair I DJ
Basement West
Plaid Wool Finished
Blankets
. Neatly whipped edges in assorted
colors lor double beds;
3.00 value, a pair
Dasemenl West
Wool Mixed
Blankets
Single and whipped on both ends,
in assorted colors; wondertul val
ues. While 500
lasts, at
Basement West
1.50
"Snow at Last"
That was a common exclamation
Wednesday when the people of
this section were greeted by practically the first snowfall of the.
season. Do you know how important generous snowfall is to
this country? Physicians will tell you that a "warm winter" in
Nebraska is not conducive to health. What we need is a touch
of the normal climate that has given Nebraska its reputation as
one of the healthiest states in the union. But abundant snow
fall is important to the farmers and therefore essential to the
business interests of the state. Snow is a great fertilizer. While
Nebraska soil generally does not need fertilizing, the subsoil
does need jthorough drenching. It gets it through heavy snow
fall. Heavy snowfall insures abundant crops. All of this reminds
us, too, that with the snow comes the need for the "warm things."
You will find them in great abundance at this store and all at
prices that place these great comforts within the reach of .all.
Men's Clothing
In the Men's Clothing Department on .the
fourth floor are overcoats that are built to
withstand the onslaughts of Nebraska winds.
They are reduced to end-of-the-season prices,
making it real economy to buy now.
Men's $30, $35 and $40
Overcoats, each,
Men's $60, $65 and $75
Overcoats, each,
Men's Heavy Winter Caps,
1.50 values, all styles,
Fourth Floor Center
21.95
42.50
95c
No piercing Nor'easter Can Penetrate These
Sheep Lined Coats for Men
"Moleskin Coats, in the comfortable 36-inch
length, for the active man, lined with genu
ine hair seal on first quality sheep pelt, with
generous collars of Australian warn- Q QC
bat or lamb's wool, either style, TJVu
Fourth Floor
Men's Furnishings
For the Man of the Family who must
any sort of weather condition:
Heavy Fleeced Union Suits,
Heavy Knit Union Suits,
Durham Wool Derby Ribbed Union
Suits,
Good Lined Dress Gloves,
Flannelette Night Shirts,
Flannelette Pajamas,
Flannel Shirts,
Wool Socks, extra quality,
Men's Sweaters, broken lots, 2.35
Men's Fleeced Shirts and Drawers,
each,
Main Floor South
brave
1.45
1.95
1.65
1.25
1.35
1.95
35
4.95
59
Warm Coats
Maybe It's Coats for the Matron or Miss?
Fur collared and without, these coats are
marked at the last notch in clearance
price, from ' 15.00 to 175.00
Second Floor West
Infants' Wear
And how the children love the snow! Out come the
sleds and little feet are busy at the slides, to say noth
ing of the wonderful snow man in process f
construction on the front lawn. Mother will have tio
fears if the children are warmly clad.
Warm and Comfy Garments for the Little Tots
Serge Dreie Silk and embroidery trimmed; sizes 2 to
6 years; priced from 3.50 to 12.50
Sweaters Assorted colors; in wool; coat and slipon
styles; from 2.50 to 10.00
Coat of Broadcloth and Heivy Wool Materials; with
fur collars from, each 6.50 to 15.00
Flannel Gowns and Sleepers White and colored;
from t 49e to 1.98
Jersey Leggings In white, brown and blue. 1.98
Knit Caps and Mittens, from 50c to 2.SO
Babvs' Crib Blankets In nursery patterns; cither blue
or pink; from ' 98e to 3.50
Wool Sacques'and Booties, 75c to 4.50
Wool and Silk and Wool Skirts 1.25 to 2.50
Wool and Silk and Wool Hose, 60c to 85c
Flannel Gowns and Skirts Both short and long,
from 93c to 1.98
Baby Bunting In silk or eiderdown; snugly padded and
ribbon trimmed; from 3.98 to 18.00
Third Floor East
Boys' Clothing
All boys are outdoor boys at this
season and they need warm cloth
ing. All garments in the boys'
clothing department on the fourth
floor are specially priced
Boys 1.50 Flannelette Sleeping
Garments at, each, 95
Boys 1.60-Flannel Shirts and
Blouses at, each, 95
Boys 3.00 and 4.00 Sweaters,
each, 1.95
Boys Warm Caps with Fur
Inbands, each. 95
Boys' 1.00 All-Wool Ace Caps
at. each. 59
Boys Hockey Caps, 65 to 1.50
Boys 12.50 Overcoats at 6.95
Boys 16.50 Overcoats at 10.95
Boys' 22.50 Overcoats at 13.50
Boys 35.00 Overcoats at 19.50
- Fourth Floor W est
There's Fair Weather and Fur W eather j
This is Far Weather! Well, we have them
on our second floor in all styles and at all
' prices- There is no excuse for anyone being
without furs when they can be obtained at
the clearance prices at which we are selling
these desirable tilings today.
Second Floor North
Warm Footwear
For AH the Family
Women's 3-Buckle Arctics, 4.00
Women's Alaskas, 2.25
Women's Fleece-Lined Rubbers, 1.T5
Children's 3-Buckle Arctics
Sizes 6 to 11, 3.25
Sizes 11 to 2, 3.75
Children's 1 -Buckle Arctics
Sizes 6 to 11, 2.25
H to 2, 2.50
Children's Alaskas Sizes 6 to 11, 1.50
Sizes 11 to 2, 1.75
Third Floor East
Men's Jersey Cloth Arctics, 1 and
3-Buckle. . . 3.00 and 4.00
Men's Alaskas, 2.50
Fourth Floor East
Music Hath Charms Indoors
New Victor Records that will make you glad to stay at home
when the weather forces you to.
Just for Today, by Louise Homer, 87329,
Rose of my Heart, by John McCormack, 66012,
Dapper Dan and The Sheik, fox trots, 18831,
Birds of a Feather and Leave Me With a Smile,
fox trots,
When Francis Dances With Me and Ten Little Fingers
and Ten Little Toes, 18830, - . 85
Wool Sport Hose
Women's Silk and Wool Hose, dropstitch and plain, in brown and
heather mixtures; irregulars ot z.bO (?f
1.25
1.25
85
85
and 2.75 grades, for
Main Floor North
Indoor
Entertainment
for Children
"What Shall I Do?" Here's the answer to
the eternal question of the youngsters on
the days when they must stay indoors.
Old-fashioned games that are as entertain
ing as ever to the new generation :
Rook, 75c Tolly Tickle, 1.50
Authors, 50c India, 1.00
Checkers, 50c Bunko, 75c
150 Automobile
Robes
The lot consists - of all
wool robes, plain hem
med or fringed edges
and some plush robes;
the values range from
8.00 to 12.00; in one
lot; special gQQ
HEATERS
Majestic Electric Heaters
No. 7 size; will take the
chill out of the O AQ
room; special, 0xO
Oil Heaters Standard make;
economical and satisfac
tory; holds 1 gal. A 7Q
of oil; special,
All Coal Heating- Stores re
duced in price and can
now be had at very great
savings. Terms if desired.
Fifth Floor West
Arctics for Snow Walks
Men's l-Buckle Jersey 1 Qf-
Arctics, sizes 6-11, ''
Men's All Rubber 4-Backle Arctics
Well known makes, 1 QE
sizes 8-12, LVD
Women's Alaskas, for military or
Cuban heels, sizes A Q
Men's Canvas Leg-fines Made for
the U. S.
Army, sizes 2-5,
Basement Arcade
49c
Comforters
Extra large size bed com
forters filled with su
perior quality cotton
batting; neatly scroll
stitched and made
with plain sateen bor
ders; exceptional
each, 4.50
Basement South
The snow calls
VErWA. kCF OI" 0ne'
renlf JFvN Priced at-
P- 1 2.00 to 10.00