Omaha Daily Bee Newspaper, July 16, 1891, Page 8

WENT- DOWN WITH A CRASH, Howell's Failurs Involves Millions of Dol* lars All Over the Country- PECULIAR SALE OF THE OMAHA BRANCH. The Howells Say Mr. Jewett Acted Without Authority-Situation at Atchison and Chicago— Assets and 1 jabilities, Yesterday, Mr. Chaffee was corrallea in A corner at the Omaha National bank and asked about the alleged sals of the Howell Lumber comoany's plant to him by Mr. H. N, Jewett, He replied that it was o bonafide, out and out sale to bim; that he had pu the yards here and the transfer had no connection whatever with_the failure of 8. R. Howell. Beyond this he was not disposed 10 be commuiica tive, and would not even state when the sale was consummated, stating that the paper on file in the office of the ¢ k of the district court would afford all n ed information on that subject. Mr. Chaffeo said that Mr. Jewett had just left him, but would be back in the course of @ balf #n hour, but would be too busy to talk abous the matier for several hours Mr. H. N. Jowett was intercepted on the sidewalk in front of the bank, and found time to say that the local yards were not in- cluded in the assignment, and would not be mixed up in the wild scramble of the cred- itors. “The yard here was sold to Mr. C} he said, “and he paid for it. He tool sion atl 20 o'clock Monday morning. “Then the sule must have been consum. mated some time before?” . “Well, you needn’t tell it to good church peoplo, bui we worked from Surday noon until 9§ o'clock that night taking an account of stock and getting things in shape. I can’t tell what the Jiabilities or assets of the com- pany are at this tim A'visit to the commercial and mercantilo agencics revealed the fact that the great Howell lumber interests have been somewhat involved for some time. In February S. R Howell was operating twenty-one yards in this state, besides a number in Kansas and Tllinots. During-the past sixty days soventeen vards 1n this state have cither been solo outright or negotiations for sales very nearly ¢ osed. Of the financial status of Mr. Howell, who was practically the owner of all the s operated “under the various firm names in the different states, the sworn statement made to Bradstreet's agency wuary 1, 1891, may give a very correct idea. 1t was as follows: Assets, £2,442,005.11, county yards in Nebraska, £204,000; Howell, Jewert & Co.’s yards at Atchison and branch* es. $544,000; Howell Lumber company, Oma- ha, $174,000% stock in Chicago, £661,000; ac- counts, 8391,000; bills receivable, $120,000; hanilities, $616,000. “Ihis showmg,” snid Mr. W. O. Taylor, socal manager for Bradstreet's, ~showed a net urplus of about £1,700,000, It also showed that they carriea’ over $300,000 on their books and that was undoubtedly what swamped them. “Although they have sold during tho past sixty days they have uot re- duced their liabilities to any great extent while their assets have been very much ro- duced. The liabilities will probably reach three-quarters of a million, and I very much doubt if Mr. Howell will have anything left after all accounts aro settled.” When asked about the alleged salo to Chaf- feo, Mr. Taylor expressed doubts as to its genuineness, “How could Chaffeo buy it?" he inquired. “How could Howell have owed nim any such amount! It looks more liken transfer of some kind in _connection witn the failure. When the bank attached everything in Chi- cngo, they undoubtedly saw at once that the attachment would not nold good in Nebraska, where all assignments must be to the sheriff of the county. Itmay be that they at once transferred a part of their claims to Mr. Chaffee and took his personal notes for the samo in order to have the bill of sale exe- cuted. In that case the courts would have to decide whether or not this was not_done for tho purpose os beating other creditors.” ‘Thie bank's side of the story was obtained from Mr. B, M. Asheraft, a Chicagoattorney, who arrived hero Tuesday to look after the interests of the bank. . It. Howell is the lurgest lumber dealer in the country,” swid Mr. Ashcraft, “and has had unlimited credit. ~ At times the bank has carried him for as much as §1,000,000. He has yards all over the west, including ono in Omaha, of which he was solo owner. The bank now has a chattel mortgoge on all his property in Illinois_and Nebraska, and has now foreclosed on that mortgage, leaviug the property in the other states for the other creditors. The foreclosure came becaase tho bank was unwilling to_carry him any longer. That's about all there is to it. I supposo the linbilities will reach $1,000,000,while the assets are porhaps double’ that amount. I be- lieve Mr. Howell will have $1,000,000 left aftor everything is settled up, aithough I do not yet know just how the figures will look.” *What about the sale to Chaffec? “What can there be toitf Itis o transfer of some kind arranged and carried out by Mr. Jewett without the knowledge or con- sout of Mr. Howell, the real owner of - the property. As to its object I cannot say, but t will certainly amount to nothing.” M. Asheraft is assisted here by M, M. Bartlett, the bank's Omaha attornay. Said Mr. Bartlett: “We hold the proporty on a chattel mortgage, and the question which the court will be called upon to decide is whether or not that mortgage had any- thing in 1t to make it an nssignment. If so, the bank has mno scourity. We took the mortgage to protect ourselves on our own claim and not as ussignee for the benefit of all creditors. If the court holds that it Is an assignment, we are placed on n lovel with other creditors to ot what we cap,” M. Jewett said he could not explain the failure, but intimated that a brother of M, S. R. Howell had something to do with it. In rofuting tho theory that Chaffee was an agent of the Chicago bank, Mr. Bartioty said, “We have roplovined the stock an everything else connccted with the yards here, and we certainly would not do tnav if we woro u party to tho sale. All there is to it, Jowett had no business to make any such salo. Just at the present time Bailey P. Wag- gouner, the Atchinson, Kan., lawyer, is in the lumber busiuess and has posession of the Howell yards in this city, This possession was secured by virtue of writ of attach- went that was issued this morning. In his petition he sets up that the Howell company owes him the sum of £,000 on & due bill that Wi given payablo on domand. In uddition assignment of tho proporty of the Howell Lumber compuny, the First Na- tional bank of Chicago has'brought suiv in replovin to gain possossion of the stock of lumber at Sixteonth and Palmer streets that was yestorduy transferred by bill of sale to Chaffee. In the petition the plaintiff's set forth the sworn statement that it 1s the owner of all the property including the books and accounts and that the property is wroug- fully witbheld by H, N. Jewett, Spoouer K. Howell " and C. L. Chaffee, A warrantee deod filed late yvesterday uf- ternoon couveys from Spooner i, Howell and wifo to Eawin F. Lawrenco of Chicago, 1 830-1,000 nores at the foot of Marcy stroet near the Union Pacifle tracks. The consid- eration 18 represonted to ve $150,000. It is the reul estato whereon & portion of the yards are located, froe,” 508 - several yards JEWETT'S OMAHA SALE. Said 1o Have Hastened the Howell Collapse Atcuisoy, Kan., July 15.—[Special ‘Telo- gram to Tur Bee]—W. R Smith, G, W. Howell’s attorney, who with Mr. Howell ro- turned from Chicago this morning, says the fallure of Howell, Jewett & Co. carries with 1t both Spooner R, Howell of Chicago and Georga W. R. Howell of Atchison, aithough the latter is not a partner in the fivm, Mr. Smith says the failure was hastened by the action of Herbert N. Jewett in selling tho Omaha plant to C. L. Chaffeo on Monday. Ho says neither 8. R. Howell nor Goorge W. Howell knew of the transaction until after it was done, “Tho real cause of the failure was the loss by the firm of Howell, Jowett & Co. of $400,000 by the failure of J. H. Bewis and his lumber company of JeMersonville, Tex. Iuwes to Vo this claim that Mr, MuweflA and Mr, Smith, went to Texas in such great haste last weok. Tho mortgages and bills of sale (o tho First national bank of Chicago, covors real estate in Omaha and lumber and roal estate in Chicago, Atchison, Louisiana and Texas, and aro to securo a direct liability of §200,000'and contingent liabilities, consisi- ing mostly of endorsed paper of much more than that sum George W, Howell was manager of How oll, Jewett's interests at Atchison and in the south, He aiso had a business of his own which he conducted as Howell Brothors, He had an office here, his yards being in western Kansas, His business was independent of his brother's, but still related and the failure of one invokes the other. G. W. Howell also mortgaged all his possessions yesterday, but Mr. Smith does not state the names of those preferred creditors. Mr. Smith estimates the assets of the two Howells at $3,000,000. He has no of the extent of the linbilitios An Atchison law firm this afternoon re- by telezraph alms amounting to 100,000 against Howell, Jewett & Co. and Howell Brothers, They ace from riearly every northern state east of tho Mississippi and some are from as farsouth as Vicksburg and Memphis. ‘They are nearly all from smail country banks. A Utica bank has &0,000 worth, Another bank has £0,000, The ¢l ns are all notes or acceptances, most of them heing the paper of Howell, Jewett & Co. Besi hese claims the same tirm has recoived numerous inquiries, and the mails for the next day or two will be loaded with more claims. Tt is expected that the holders of this unsecured paper will come to Atehison and hold a meeting to agreo on a plan of action, Local bankers familiar with tho business of the Howells estimate that the un cured © Liabilities will aggregate £1,500,000, and that the secured will swell the total o a round 2,000,000, AN CHICAGD, People There Believe the Firm Will Pay in Fu Cmicaco, July 15.—|Special Tur Bee.|—The property of the Howell lumber company in this city, situated at Thirty-fifth and lron streets, was taken pos- session of this morning by the First National bank of Chicago undera chattel mortgage for 200,000, President Gage of the First National says this practically covers all the lumber company’s liabilities to the bank. Spooner R, Howell, head of the firm, was seen last night but refused to be interviewed. “TPhis morning he acknowledged that the firm nad gone to the wall. *“The suspension,’ said he, ‘s only a tomporary one, howeve! Our assets will more than meet the liabilities and we shall soon be on our feet again.” The failuro was caused, he said, by continued drafts on the firm here by branches at Atohison and Omab; Presiaent Gage of the First National bank, speaking of the matter today, said: “While Howell had an_almost unlimited amount of credit personally in the bauk, we found it necessary to foreclose yesterday in_order to protect the bank. Mr. Howell's brother was going at such & rate as to scare every bank in this city. It was rumored that other creditors were about to swoop down upon them and we hed to take this step to save ourselves. ‘The local attorney for the firm said: “The trouble has been brought about by George Howell, who managed the firm's affairs in south. 'He made breaks of huge proportions which the local end hud to see through. As a result, it overdrew its accounts and finally the latter threatened to foreclose. The First Natioual got there first. The firm will pay its liabilities and resunie business at once. President Howell said: “It will take sov- eral days to size up the situation, I canuot oven say whetherthe fivms’ affairs are i very bad condition, The trouble is all in the western branch of the business. Evervthing been woing on nicely and the books will show that we were making money, but while we have been making it we have been paying it out until the pressure was too great.” Mr. Howell said that other claims against the .company were comparatively small, Some mouths ago Mr, Howell, as president of the company, was indicted by the federal grand jury for a violation of the interstate commerce law. The churge was that the company or its agents had bribed the weighmasters of various rouds to certify to false weight on shipments of lumber, and many rumors were given publicity in connection therewith, one beiug to the effect that the roads which were alleged to have suffered from these alleged false weights, had forced the company to pay large sums in damage to, the aggregite being put us high as $250,000. Mr. Howell today admitted that these rumors were an element in the troubie, as they had damaged the company’s credit, In a statement made to o mercantile agency last March S Howell pliced his assets at 500,000, liabilities at $600,000, and the vinion is expressed in business circles here t tho firm will be able to meet its obliga- tion To form even an approximate estimate of present assets and liabilities,” said the man- ager of tho mercantile agency this morning, “would be imipossible, and it is probable the firm does not know. It will take some tirae to figure up all outstanding obligations and paper due to the firm. Unless, however, the statement made last March was false or there has been some gross mismanagement within the past ninety days, there is every reason to believe that ail créditors will be paid in full.” Taken by the Bank. Scoria, Neb., July 15.—[Special Telegram to Tue Bee.]—The Groely county bank of this place today took possession of the office nd assets of the lumber yard of S. R. Howell & Co., located at this place, by virtuo of a chattle mortgage running to the First National bank of Chicago. e AS PROMISED, 'he Grentest Shoe Sale on Record. The bankrupt shoe sale, 114 South 16th, offers wonderful bargains on Thurs- day. Ladies’ oxford ties, 73c. Ladies’ oxford tics, 98c. _adies’ fine kid button boots only $1.98; worth $5,00, Ladies’ fine kid button boots only 81.48; worth $3.00. Burt’s shoes, for ladies and gentlemen, 3,00 pair. House slippers 83e, 49¢, 73¢ pair. Boys’ canvas lace shoes 89¢ pair, Our large burgain tables londed with bargains for Thursday. Bankrupt Sale of Shoes and Slippers, 114 South 16th st., old Boston store, Telegram to DoWitt's Littlo Early Rises 5 only ) to oure sick hoadache and HZULALe tho b vsol Rehedrsing for Allis life and bustle at the Grand opera house these pleasant summer -days. From 8 o'clock in the morniug till 12 o'clock at night the great, big, roomy building is a scone of constant activity. On the stage Thatcher's minstrels are diligently rehears- 1g with the comedy peaplo brought on from tne east by Mr. Harris for the grand alliance 10 ve formed noxt season by George Thutcher with the Rich & Harris comedy company in uxedo.”” In the property room half a dozen mechanics are &t work on tho scenery and properties to bo used in the production. Iu another part of the building & dozen tailors and seamstresses are at work on the costumes. In the music room Thatcher's orchestra daily practico the many now gems which they will present in *“Tuxedo Thatcher, Rieh and Harris are sparing n ther time, money mor endeavor to make “luxedo’ one of the great financial and ar tistic succosses of the coming season. The als aro progressing most satisfactor- and a smooth performance is anticipated the first night. [t has been decided that the company shall open in Lincoln Thursa evening, the 23d inst., playing in Sioux City on the 24th, and returning here to the Grand opera house for the following Sulurday and Sunday. Tho Omaba performances will practically be the test of the success of the ew enterprise. The company numbery in all some thirty-six people and is of sucll ex- tra superior material that its weeily ex- penses will ve fully §2,200, v Schlitz beer apply t0 R. R Grow Farnam. Thursday, Bargains in Shoes. Ladies' fine kid button boots 98e. Ladies’ fine kid button boots $1.28, Ladies’ fine kid button boots $1.48. Ladies’ fine kid button boots $1.98, All sold at half pri BANKRUPT SHOE SALE, 114 South 16th st., look for the number, | WORSE Th: b beudge, ¢ THE OMAHA DA 1LY ¥ A THROWY RACE Union Park's Fair Face All Streaked with Gore, STEWART'S FOURTH OF JULY AFFAIR, Secrotary Nat Brown After the Presi- dent with a Vengeance—What the Trouble Came Up About. The directors of the Union Driving Park association were in session Tuesday _after- noon and yesterday at the office of Wright & Baldwin fn Council Bluffs, Nat Brown of this city, sccretary of the associa- tion, was fin attendance and he put in the time telling tho president, John T, Stewart, what he thought of him Tt seems that Stewart took the profits of the June meetiug, some $700 or &0, during thae absence of Mr. Brown, and built a stoc ade inside the park fence to prevent people from getting in. This aroused the seci i wrath, and he expressed his 1deas with s lin forco and originality ‘[ made a success of my meeting in June, and we cleared money for the first time in the history of the park.” he declared. “Now 1 come hoine to find you have blown it all in to suit your fool ideas. What did you build that fonco for, anyway! I would hate to nve in a town where I was afraid $,000 people would go under the fence, If a man steals iu_what of it! He wouldn't pay in anyway. You tried to run & meeting of your own in'July and made a dismal fail- ure of it, and you will again before I will have any more fo do with it. Your hopgish ideas have always provented making a pay- ing institution out of the park, aud I want no more of it under this management.” Stewart took a drink of water and hemmed and hawed a while, and finally said he didn’t s he need of a new committe as *‘he and Nat'" could run the concern. Nat, however, promptly told him that he would have no more to'do with him, and would do no more for the association as long as Stewart was at the head of it. After making sure that he was fully under- stood, he took his nat off the peg and walked out, He was still chafing under the collar when he reached home, and declared that be would see to it that f the stock subscribed on this side of th r i d in until thero is a change in the management. “If John T, Stewart runs the said Mr. Brown, ~“he will run it alone, for he won't get a cent of Omalia money iuto it. He can squander his own stff vut he can't have ours. If the motor company wants todet nim run things all well and good, for our woney ain't in the motor line.”” “The more Mr. Brown tallked the madder he got, and finally he let the cat out of the bag. “When it comes to using the associauon to further his own personal schemes Stewart is going altogethier too far,” and the irate s tary brought his fist down with a great deal of emphasis. “Didn’t the association get as much benefit, as ho did out of the losing Fourth of July venture ! “Well, T guess not. He made use of the association to collect an old_personal debt, not only that, but his trick will the means of losing the associa- tion lots of friends among the horsemen. You see, be and trade years ago, and Butch has owed him ever since. He saw a good chauce to collect the old debt, and what did he do but guaran tee Butch $100 of the association’s money and half the gate receipts to como here and give his chariot races and other specialties at the park on the Fourth. Of course, it was then the casiest thing in the world to hold 50, und old Buteh wenv away mad- r'n a wet hen, He will tell the horsemen av every track he visits how he was done up here by this association, and it can’t help hut hurt us a zood deal. 2 *“The_association isn’t to blame for it, but will have to suffer for it just the same. I have had enough of it, and there arc other folks on both sides of the river who fecl just as 1do. Stewart is jeopardizing the intor- ests of everybody associated with him, and we huve concluded that it is cheapor to pull out now thar it would be later. The situa- tion resolves itself into simply this: The park will not pav without Omaha push and ronage, and that will be withheld as long Johnu T, Stewart is at tne head of it. 1f the motor company wants us in, it will havo to dump him out. I won't make anothey move for the assoclation as long “ms things are as at presont. If it wasn’t for the other stockholders, who are friends of wine, I would stop all the ad- vertising and notify the horsemen that the fall meeting was off and eive Stewart an op- portunity to try his hand again with somoe of his old acquaintances.” Mr. Brown then escorted his perturbed feelings to one side and communed with him- selr, The little episode among the members of the association bas occasioned considerable stir, and old scores are being raked up with a vengeance. It is intimated that affairs have reached such a stage thata change inthe management of not only the association but of the wotor company as well is imverative. Stewart's course has never been popular, even mmoug the other directors of the com- pany, and it seems that matters have only been waiting for somo one to start the ball rolling, Tbis Brown has uow doae in a very lively manuer. ‘There is ulso talk of a pretty little expose that will soon foliow. Tt is alleged that when the time came for placing insurance on the ing stock and plant of the motor company, one of the beavy stockholders who nas a well known penchant for having things his own way, went 1o a certain insuranco fgent and saxd: “Give mo nalf and you can write the insurance” The commission amounted to about £1,000, and this same agent wrote the policies nad the nforesaid airector dropped 00 in his own pocket as tho result of his onterprising interview. This and other things bid fair to shortly make certain people look suspiciously at othe people ere muly moons have wuxed and waned, park,” Ayer's Hair Vigor has long held its first place, us a hair dressing, in the estimation of tho public. Ladies find this preparation gives & beautiful gloss to the bair, and geu- tlemen uso it to prevent buldness and cure bumors in the scalp. Hon. J. Council Blufls and Omaha C ussembly, Thursday aft at 2 o'elock, autaugua rnoon, July 16, e Ah, Ha! Some of the councilmen are question the bond of James H. Lynch, the new police court clerk. They consider the bondsmen good enough, but wonder how the names upon the document wore secured. Lynch is a brother-inlaw of Councilman Morearty, who upon soveral occasions has found satisfaction in opposing the bills of C. E. Squires, the stroet sweeping contractor. Mr. Morearty in times goue by has not al- ways beeu it harmony with the acts of the waterworks company. The suretics on the boud that was approved Tuesday nignt are Squires, the contractor, A. B. Hunt, super- intendent of the waterworks compatly, and D. J. O'Donohue, one of the regularly ap- poiuted city appraisers. — Gessler's Magic Headacue Wafers, Cures al headsches in 20 minutes. At all druggists e £ Hear that brilliant orator and states- man, Senator Ingalls, at the Chautau- qua, Council Bluffs, Thursday afternoon inclined to | at 2 o’clock. - DRPRICES e old Butcher had a horse | Mr. Rosewatondn South Wales, Interesting ns wasMr. Rosewater's London lettor in Tir SuxpaiBer, the lottor which he writes from Swansesy South Wales, for our issue of noxt Sunday will excel it in many essential features, He doscribes the scenery of beau titul Swansemwalley ; stops for a time at many of the viilages, inhabited chiefly by colliers, iron workemseand tin-plato makers; glances at the factorgrehimneys and bogrimed coal diggers ut noarly every stution, until he reachos Swansca, @ city of about ono hun- dred thousand populagon. This is the center of the tin plate and eosper smelting industry of the world, . The postal facilities are noted aud comparisons made with those of Omaha. The cost of living, wages, ete., are treated of at length, and intorviews with prominent tin- plate manufacturers, showing the alarm man- ifested at the menacing prospect of American tin manufacture form a most interesting por- tion of the letter, Many other points are touched upon, Mr. Rosewater's letter will entertain and instruct every reader of Tur SUNDAY Beg, The Spring Mediclne, ‘The popularity which Hood's Sarsaparilla has gained as a spring medicine js wonderful. 1t possesses just those elements of health- giving, blood-puritying and appetite-restoring which everybody scems to need at this season. Do not continue in a dull tired,unsatisfa condition when you may be so much henefited by Hood's Savsaparilla. Iv purifies the blood and makes the weak strong. g Furniture. A. Orchard’s special sale de- partment, as you may find just what you need in the furniture line at v reduced prices. Continental blc and Douglas street. pluh 0 ARG 100 Light Electric Chandelier, This elegant piece of workmanship is to be placed in the new Boyd theater. It is made of solid bronze in byzantine finish and is the third largest chande- lier in the United States of its kind. It is of handsome des and will be a masterpiece among the artistic furnish- ings of the great play heuse. This beau- tiful addition to the interior appoint- ments of the new theater will be fur- nished by the popular firm of Russell, Pratt & Co., 319 South Fifteentd stroet, who have the contract for all of the gas and electric fixtures for the New Boyd. e e “HANDS OFF." Visit ¢ A Correspondent Scores the can Book Trust. Oxana, Neb., July 15,—To the Editor of Tur Bee: 1 was gratified to sec a_ paragraph in Ture Bee this morning in reference to tho American book publishing company. I hap- pen to know something about the methods of this gigantic book trust; how it manipulates legislatures, schoo] boards, principals and teachers. There are but fow houses in the country strong cnough to withstand the underhand competition of this book trust, and hence all the smaller concerns have been forced to the wall. In this way the Ameri- can company has secured a monopoiy in the sale of text-books: and supplies, and _its methods have become so obnoxious that many states have appealed to their legis- latures for protection against it. Agents of the trust attend every legislaturo in the United States where adverso legislation to their interests threatens and scex by fair means and foul to smother any bill whose object is to interfero with thewr monopoly. Tho American company had a lobby ut the last session of the Nebraska legistature, and I am told that their chief manipulator was a man who is now a candidate for the superintendency of the Omaha public schools. 1 am also told that he paid a salary toa_certain member of tne Omaha school “board who is known to have spent most of his time at Lincoln during the 18t scssion 1n - the interest of the soulless-boek “trust. <If- this. is true, it is capable of = proof, and. thé members of the Omaha school board should de- mand the facts before supporting a mau who is backed by a_company whose motives aro solely mercenary, devoid of the slightest regard for the efficiency of our schools. In my opiniou it is the duty of the Omaha board of education to wara the American book trust to keep its polluted hands off the school elections iu this city. It is an outrugo upon this:community that such an_outfit should be tolerated one moment, aud I am contident the people will riso up ‘and resent it. I wanttosee a cuitured, upright, digni- fiod gentleman at the head of our’ public schools—not a paid lobbyist. Cimizes. S e *\When your heart is bad, and your head is bad, and you are bad clean through, what is needed " nsked a Sunday school teacher of her class. “I know—Ayer's Sarsaparilla,” answered a littie girl, whose mother had re- cently been restored to health by that med- icine; mer| —_——— Decision in Favor of the Chicago, Milwaukee & St. Paul Ry. The new nalace sleeping cars of the Chicago, Milwaukee & St. Paul Ry., with eleotric lights in every berth, will continue to leave the Union depot, Omaha, at 6:20 p. m., daily. Passengors Iking this train avoid transfer Coun- cil Bluffs, and arrive in Chicago at 9:30 a. m., in ample time to make all eastern connections. Ticket office, 1501 Farnam street. F. A, Nasit, E. J.PRESTON, Goneral Agent. City Passenger Agent DULY OLGANIZED. Omaha's Mining Exchange is now a Thing of Reality. About one dozen gentlemen interested in organizing a mining exchange in Omaha met last night atthe ofico of the real estate owners association and proceeded to organize. A letter from Mr. V. A. Donald of Denver was read. The gentleman congratulates tho membars of the Omaha mining exchange upon the step taken and said that he be- lieved Omaha was an excellent point for such an organization. He had been u chartor member of both the Chicago and Denver mining Stock exchanges and inti- mated that he would be pleased to qecome & member of the Owmaha Mining exchange and co-oporate with members in Omaba in the transaction of mining stock business. Georee ', Canis of Saratoga, Wyo,, also sent atelegram stating that he wished to be- como a membex of the Omaha Mining ex- change. Mr. W. E. Meal,from the committee ap- pointed to draft incarporation papers, read tho articles proparéd aud the gentlemen dis- cussed each articlemsda section and adopted them. "Thero vias considerable discussion upon the section which-vegulates the privileges of outsiders. Some wore in favor of throwing the exchango wide open to all, but it was finally agroed thatoutsiders should be given access to the exchenge rooms by tickets ob- tained from members of tho association. All business on the exthange must be done by members. “The incorporators aro George F. Carris, Jobn Smiley, R. B Harris, 1. B. Chupman, W. E. Mcad, George N. Hicks and John Hess, The exchange wwthorized Mr. Mead to file the articles of {ncoyperation at Lincoln and at the county clerk’s office in Douglas county, and to soliéft membership, The ex- change will meet again on Monday evening, July mt Use Haller's German _Pills, the great con stipation and liver regulator. Baking Powder. Used in Millions of Homes—40 Years the Standard, BEE, THURSDAY, JULY 16, 1801, ARE YOU A WAITER?, Do you deftly balance a tray full (of dishes) on your fingers as you sing that beautiful song: “Roast-beef-park-veal- ¢-0-r-n-b-e-e-f-a-n-d-m-u-t-t-o-n-h-a-a-s-s-s-h?"” Are you a bar- tender? and do you juggle the glasses down the bar and draw the amber fluid in the glistening glass at a dime a draw? Are youa barber and do you gently whisper in your victim’s ear: “Bay rum? Shampoo? Luster, sir?” as you cut a gash in his oxidyzed cheek? If you belong to-— any of these professians, you’ve always had to pay too much for your professional coats and jackets haven’'t you? That's because we didn’t sell’em. We do now. We’ve put in a full line of them on our second floor, and if you'll take the pains to compare our prices with what you’ve been paying, you’ll find a big difference. Overalls too. That’s another thing we never kept till lately, We’'ve just made a new department in our basement, for the sale of Overalls, Jumpers and Jeans Pamnts. Our Overalls and Jean pants are made expressly for us and we warrant every pair. That means if you buy a pair and wear them and the stitches rip, or the buttons come off, or the goods are notsatisfactory you get a new PAIR FREE. NO GURR! NO PAY. ing, making it impossib'e to burn.quick. Fire 1818 Douglas Street, Omaha, Neb escapes and fire alarms throughout the build- it > » G inc. Steam heat, hot and cold water and sun- ; bine v wiarARtSed for. Ohtavey shine in every room, Table unsurpassed any- untant 0 40 far Srors Saumlt where, B. SILLOWAY, Proprietor. THE HOTEL RUXTON R UNDER NEW MANAGEMENT. J. H. FULLERTON, PROP, ble und service first-class. 250 and .00 per duy. Special rates by the week. Midway Between Soda and Iron SPrings. Manitou Springs, Colo. Corner 11th and Mason Streots: Talf block west of Unlon Pacic and B, & M. Depots: New bullding, now furnitire, overy thinz first- class, coole<t. Tocation i O Vlaw of ontire. Surrounding country. gas. bath oluctric cull bella ot Ritou, 1.0 wnd $1:50. Kvory line of cublo an cars, pash within one block, Oxospt Shorman Avenus fnd Hanteom Park line. 4 blooks away and you can Lransfor 10 those if you wish HOTEL. The Murray, cor. 14th anl Harney, is the most substantially cons'ructed hotel build- ing in Omaha. Several heavy brick firewa!ls running from basement t) roof. All ceilings and floors lined with Ashestos fira proof lin- MOORE'S REE, 0F LIFE £ N JOTEL \/ENDON Centrally Al the Latest Located Improvements, Broadway & 41st St. \VTERICAN DE R ALLAN LINEK ROYAL MAIL STEAMSHIPS, MONTREAL and QUEBEC, To DERRY and CABIN, #0 to §50. There is nu(hin% its equal for relieving the SORENESS, ITCHING or BURNING, reducing the INFLAMMATION, taking out REDNESS, and quickly bringing the skin to ‘ts natural color. BEWARE of Imposition, Tako POND'S EXTRACT onlyrSoo landscapo trads-mark on buff wrapper. Sofd only In our own bottles, ~All drugglsts. POND’S EXTRACT C0.,76 5th Ave,, N.Y. POND'S _EXTRACT <A OINTHENT, It’s remarkablo specific actionupon the affected parts gives it supreme control over Piles, however severo, ew York. T 4 VERPOOL Accord Stoamer tateroom. uge Wt T rates. TLE CARRIED. SERVIOE OF ALI LINE 8 I NEW YORK and GLA SGOW. via Londonderry, every Fortnlzht. 208 July, STATE OF GEORGIA, 11 A, August Gth, STATE OF NEVADA, 10 A Aug. 2.0, § NEBRASKA,0 A, M. CABIN. 5 up. Stecrugo §1 Apply to ALLAN & . Wabash ALL, Burlington Ti For Diseases of the Liver use Moore's Treo of Life. For the Blood, use Moore’s Tree of Life. For Catarrh use Moora’s Tree of ru/ Catarrh Cure. 45 lag, howover i Maores Troo ot Lite, n poditen anre for Kudnay 0’ for Dirns, Soalds, | Lot Compmunt ant i b 008 disossec: Bowiot Truptions, Salt Rheum dic. | Hihaot Lits. ths Groat iifo nomades o8 Moore's Testimonials from all classes = = prova its efficacy. Price 50c, Sold by all Druggists or sent by mail on reccipt of price. Put up only by POND'S EXTRACT C0., 76 6th Ave,, N, Y. Hobb’s Nerve Tonic Pills Quro lusomonia, Nervous und Physl- eal Dobility, Vital Exhaustion, Fain in the Back, Cold Hands or FeedyBad Circalation, Bluo Lines under’ tho Eyes, Pimplos, and all other Nervous oF Blood liscanes In Either Sex. ket Office. ot Onlce NEBRASKA National Bank OMAHYA, V33 $400,009. Phenoline cures Colds in the Hosd by one_appliea: tion, Ostarrh in a very short Uines Hay Feve from three to five dayn; Earsche instanily. 600 por Bottl, Oinsctions frids. Phencline Midicine Co. Omata. U. 8. DEPOSITORY Capitali= =t - = Surplus Jan. 1st, 1890, - 62,800 ry W. YateqPresident 04 W. 'Sav ushin g, Oficers and Directors—le Lewls 8. Reed, Vico rosi V. Marse. John 8. Collins Patrlck, W. 1. 8. Hughes THE IRON BANK, Corner 12th aud Farnam sts General Bunklu: Business Transi st ed, W IN VENT y y without plates, removable Teeth work, “Dr. Throckmorte dropping down of piates, bit like, teeth Fomain firm. Just tho ti wnd pubilic spoikers. ublier plates, within r v, Buliey. Dentist, has the solc to Oniahia and Douzlas Cotr Paxton block, O, POWER al wonknoss in wlther Hobb's Nerve Tonic Pills MAKES NEW HEALTHY BLOOD AND RESTORES THE NERVOUS SYSTEM I Thoy bring tho rouy tint of Health to the | sallow chicek, 1f youaroaufforing trom Do- rangoment of the Ne , impure Blood or g Past Errors, you should at once tuko Ere Hobbx' Nerve Tonic Pills, tho Great Lifo fenewer, as they will enrich your Blood and strengthen your Norvos, Prico, 00 conts & Visk For salo by drugyists or sont by mail. HOBRB’'S MEDIOINE CO. pHOPRIETOR®Y : BAN FRANCISCO, CAL: CHICAGO, ILh ‘LITITES SISTOONHEA TIV "1l 7713S S1SIDHN¥a TIV Dhridg nt" No you for For MEN ONLY YOUNG MEN+OLD MEN QET iW THE TOILS OF THE SERPENTS OF DISEASE. Thay maio heroto efforts to but Bot knowing how SHAKE OFF THE HORRID SNAKES L Feave: Wi an ERROR I There s UELV1E o8 ore than Jteredy CALTHOS fre 4 Nerso Beuns cure all s BeX, ROLINK 0N Nerves, 5. sexunl organs. ABSO LUTE CCRE for Imy v, nightly emissions. lost memory, b dremms, 0vrion Lo siL postpaid, Six boxes §. NERVE FEAN €O, falo, N. Y. Sold by Goodman Drug Co!, 110 Furnam St., Ouiaha, S8THWIA CURED ! Schiffmag:'s Asthimn Ouro vevor alls iV inatund relic/ 1a the WOrsk cases; fasures com: fortablo tleep; effcts ourew whero ol otiers e it and pay if satisfied. 15, VCN MOHL. CO, SCHOOLS AND COLLEGES MUSIO: : ‘Organs of Man, andhow by Qi yoar. Address E. F. BULLA KD, Supt. Jucksonvilic, Il HOME TREATMENT, HICAGO EEMALE GOLLEG can bo Crsd B zelusively ol Morgun Parkmoarchionco). Boarding Howto HirongthonWEAK, UNDE Sotool for irls and Yowneaies "ot OKGANS & PARTA o HODY made bl Cataloguo addross G, 11 A 1 Morgui Lark, 1., o 17 Madison Street, Clilcago, Il Youesnwrlie Blasation MARDIN LAVIFS COLLEQE 10 Sensats, 14Pre | _ERIE MEDIOAL CO. BUF ALO,N.Ye AND MOZART CONSER A VATORY, feasors. 19th yean ‘fflungf Molhers ! MEXICO, Patrons in 15 ®tates Wo Offer You a Remedy Steam heat, electrio lighta ; chartered by which Insurcs Safety to Life of Mother and Child, “MOTHER'S FRIEND ” d Beat Collego 1o Robs Confinement of its Pain, Horror and sk Bituations procured eridu OMAHA Writo for clreulars, SOHOOL, OF S Wo0D uliox. 1) Now ork Life BId'g, Oninha, Nob, TELEGRAPHY. regular Gonoreha und discharzes from the 3 or uequired, $1.50 por b S are the esribed by Wlinols Mllnad Academy, Yizsai, ot for College or Buslucss. For cataloguo apply o Principals i KENTUCKY MILITARY INSTITUTE FUANKFOIT, KY THROUGHOU [ THE YEAR. d torm of this neadomio yeur bogins frst July wud closes third Wednesday in wber next 1. ¥, BOYD, 1 Army & General George Crook Camp, Sons of Vet erans, will give_a lawn social on Thursday evening, July 18, at the residence of J. B. Reeve, northeast corner of Twenty-first 1 Clark streets. Tho proceeds of the evening are to go to tho fund that the Grand Army of the Republic department of Georgia is rais- ing to purchase Andersonville prison. - w Line to Des Moines* Commencing Sunday, May 81, the Chicago, Milwaukee & St. Paul railway will establish a through line of sleeping vs between Sloux City and Des Moines via Madrid, Passengers from Omaha undthe west can leavo Omaha at 6:20 p, m., secure sleeping car accommodations and ureive in Des Moines at 6 a. m. Ke- turning, leave Des Moines 9:40 p. m., arrive Omahu 9:45a. m. Dining cars on both trains. Ticket office, 1501 Farnam street. F. A, NAsH, Gen. Agt. J. . PRESTON, City Pass. Agt harzes prep I 13t hera malled troa, DL €O, )Moe, FARMDALE, KY SCHOOLS OF LEXINGTON, MO, BAPTIST FEMALE GOLLEGE - GENTRAL COLLEGE A%Y9ugapies ELIZ, AULL FEMALE SEMINARY— Pregidont WAENTWORTH MILITARY ACADEMY B BELLEKS Buperintendent WHIND ok OADT A LOGUmS. LE FRANGAIS, 1y Maga An tuvaluable hely to and L Froo sumple py w i ork A, iGISTH,