Omaha Daily Bee Newspaper, October 26, 1916, Page 2

French lows: | FRENCH DBSCRIBE | VICTORY AT VERDUN Enemy Line Broken Through Everywhere on Front of More Than Four Miles. DOUAUMONT .RECAPTURED \ Wheat Prices Make Jump of Eleven Soar Early on the Report of a complete crofi failure in Argentina Heavy Buying for Export and to the further fact that England, it was reported, late Tuesday night Trade — Orders Filled closed a deal for 2,350,000 bushels of on Nebraska Grain, wheat, 1,000,000 bushels of oats and 240,000 bushels of corn, Of this pur- chase, it is asserted that Omaha is REACTS 4 CENTS AT CLOSE supplying something over 1,000,000 THE BEE: OMAHA, THURSDAY, OCTOBER 26, 1916. been in contemplation at the present time, but the prevailing ease of money and the difficulty which the banks are having in profitably employing their funds have led us to indicate to the British government that the present is a favorable time for it to establish additional credits in America, even though such credits may not be im- mediately required. Accordingly, the British treasury has today accepted the views of the American bankers and has authorized them to proceed. “The British treasury has of late renewed its shipments of gold to this MORGAN ANNOUNGES A NEW BRITISH LOAN American Bankers to Lend England Three Hundred Mil- lion Dollars More. RATE IS FIVE AND A HALF Paris (Via London), Oct. 25.—The official communication, an- nouncing the gains at Verdun, fol- “On the Verdun front, after intense artillery preparations, an attack on the right bank of the Meuse was launched at 11:40 a. m. The enemy line, attacked on a front of seven made or lost, The Omaha grain market was a regular whirlwind and prices changed with such startling rapidity that trad- ers could scarcely keep track of them, As a result, there were no fonunu{ Deals in futures were | light, yet the cash sales were heavy. On the floor of the Omaha Grain bushels, the bulk being wheat, and wheat that was bought around $1.25 and $1.30 per bushel. The big sales of wheat on the Omaha exchange were made early holders reaped the big profit. The price some 4 cents and it was said that the decline was due to agents of foreign houses having suddenly be- il the session and consequently the|* reaction, when it came, dropped the is kilometers (four and one-third miles), was broken through everywhere to a ' | depth which at the center attained a distance of three kilometers (nearly two miles). “The village and fort of Douaumont are in our hands. “To the left, our troops, advancing beyond the Douaumont works, rushed the Haudemont quarries and estab- lished themselves along the road from Bras to Douaumont. “On the right of the fort our line runs to north of La Caillette wood, along the western outskirts of the vil- lage of Vaux and the eastern border of Fumin wood and continues to north Chenois wood and Damloup battery. “Prisoners are pouring in. So far i 3,500, including about 100 officers, . have been counted. The quantity qf - material captured cannot yet be esti- come sellers instead of buyers. Omaha wheat receipts were 113 carloads, the bulk of it being of the higher grades. On all kinds of grain new tpp prices were reached during the ses- sion, The Omaha option market, while trading was not as heavy as during some days of last week, was strong December wheat going to $1.80; May, $1.81, and July, $1.41. The gains were 4 to 6 cents over those of Tuesday. v Whsey 2 cents, with December delivery $1.80 to, $1.8054 and May $1.80% to $1.80%. War shortage in wheat supplies, a deficit estimated by one authority at roughly 1,000,000,000 bushels, as com- ared with a year ago, was the re- exchange, wheat bumped along to- ward the $2 mark, touching $1.81 for cash, a net gain of 11 cents over the high price of Tuesday. The low was $1.78, 2 cents better than the high of the previons day. The advance of the day was figured at 9 to 11 cents per bushel. Prices eased off toward the close of the session, but higher prices are looked for. The cause of the sharp advance in wheat prices was attributed to almost EUROPEANS STOP WILD WHEAT BOOM Quit Buying and Start to Sell- SRS A i at today’s high prices, and who chiefly had as a goal $2 a bushel, once rea- iance of the traders who were buying New York, Oct. 25-—Ofificial an- nouncement was made today by J. P. Morgan & Co. that a new British loan by American hankers, aggregating )0, had been arranged. It rest at 5% per cent and two installments, one of s and one of five years, esting feature of the loan, according to the announcement, is that because of the easy money market here it was arranged in advance of the time contemplated by the British government. Another is that it is ex- | pectedto cause for a time at least a| cessation of the enormous inflow of | gold to this country, which is said to| have caused apprehension in banking circles of late because of danger of inflation and fictitious values, { J. P. Morgan sailed for England re- cently to arrange the loan and is still there. “A new British government loan of- fering,” says the statement, “had not staff of during th country upon a large scale. This con- tinued “influx of the metal has caused some concern in the banking com- munity and it is believed that the issuance of the proposed loan will tend to cause at least a temporary cessation in gold imports.” Final details have not been ar- ranged, but the notes to be issued will be “amply secured by high-grade col- lateral.” . Mother of Rhody Spends Day Visiting in Omaha Mrs. T. H. Rodeheaver, mother of tlomer Rodeheaver, chorus leader for the “Billy” Sunday party, spent the day in Omaha as the guest, of Miss Nora Neal. Mrs. Rodeheaver is en route to her home at Winona Lake, Ind., after a visit with another son in Denver. Mrs. Frank Carmichael took her for an auto ride about the city of its large capital and SOliditY BA(l:alfget resources ; back of its experts in fiduciary ser- ! mated. Our losses are small.” - HUGHES DECLARES ing When Prices Go to New High Record. lized by B. P. Hutchinson “Old Hutch”" in a “corner” in 1888. The celled today, was shortly after the sole other high price record not ex- vice, is the added strength, the judgment and intelligent conser- vatism, of this Company’s direc- QUOTATIONS ORASH DOWN | American-civil war, when sales were made at $3.10 a bushel. The Argentine Situation, Alarming advices in Argentina re- garding increased drought damage gave the immediate impetus to the transient bulge in prices today. Grain buyers for Europe had originally fig- ured on a surplus of 64,000, bushels from Argentina to meet the:crop short- age in the United States, Canada and other countries, but this morning it seemed uncertain whether Argentine would raise ennu&h wheat to supply domestic needs. One of the elements however, in the late declin in prices hre was a sudden drop in quotations at Bunos Ayres, Indicating that per- haps, after all, the crop outlook in Argentina had taken a turn for the better. - REPUBLICAN PARTY ~ UNITED ONCE MORE said a large number of the men were . “physically unfit for duty.” t Defense Measures Delayed. With a world in arms and a Mex- ican policy provocative of trouble, Mr. Hughes declared, appropriate measures' for the country's defense were yed by the Wilson admin- Chicago, Oct. 25.—~War-torn Europe | succeeded, at least temporarily, today in accomplishing what all the embargo agitation in the United States had heretofore failed to effect—the stop- page of the wild wheat advance, which has been in progress virtually un- checked for nearly four months. After the market here made a fresh jump of 7 cents today, Europe not only stopped | buying, but turned aggressively to the selling side and forced a setback that offset the greater part of today's up- turn in prices. Sudden withdrawal of British go ernment purchasing agents was ai nounced when the wheat market ad- vance too ktraders’ breath away by vaulting to $1.86 a bushel, 1 cent above the hi’hu( price reported of Joseph Lieter's “corner” in 1898, The: most simultaneously the enthus of bullish speculators had stand the shock of word that foreign- s were reselling their holdings, both for imme: and future delivery. Quotations h Down. As some of these holdings had been acquired only yesterday, prices nearly 13 cents below today's top level, the bearish influence on the mar- ket was electrical. Quotations came crashing down, and at no time during the remainder of trading was there any lasting rally, The close was un- mistakably weak at net gains of % to ¥ i “I speak in terms of the highest Ei’l of the patriotism of the ard,” said Mr. Hughes, “but I think it a serious criticism of our military organization that we should be com- to send them from their peace- suits, to the Mexican border ice dflty because we had not a lar army large enough for the r. Hughes declared himself in fa- ‘vor of a world court for the determi- nation of justiceable controyersies through which we shall have the ad- 2 of the growth of precedents g to the genius of judicial tutions. ‘e also need to perfect the ma- chinery of conciliation with respect to other controversies,” he said, “and to develop international co-operation 5 resort to these tribunals and Requisition for Neary. Lincoln, Oct. 25. John Neary, the North few days, where he is serving timc because of his tendency to practic penmanship by writing the names o other people on bank checks, he wil be confronted by a Nebraska officer who will bring him back to Sioux county, where he will have to face an- other charge covering penmanship of like character. Governor Moreheac this morning issued the requisitios fiupen on the governor of North Da- ota, asking for the -return of the man. 1 am elected presideny, re will be no invisible government. ‘e shall have no devious or vindic- : of administration. We have no trading in public of- rivate political obliga- have no bargains, E:n ernment, vern- iently administered competent men obtain- Ei war ends and ions in the trenches return - Mr. Hughes asserted, Amer- to have a rude awaken- ing from its present “dream of pros- perity.” The war, he added, has had the effect of a tariff fiivln: American manufactures tremendous opportuni- ties with their natural effect on em- G Attacks Underwood Act. . Mr. Hughes attacked the Under- wood tariff, saying that after it went ; st of living went rtunity for making a own, If we are to safe- d American prosperity when the ends, he asserted, we must apply ::muple of protection of Ameri- dustry. “We want protection, not for the sake of protection, not for the mere sake of producing wealth; we want primarily 'to serve as a for the American and to promote and m; i American standards of living,” Mr. Hughes. : Squeezing The Loaf The soaring price of wheat has decreased the size of the loaf or increased the price. Either means in- creased cost of living. The makers of Grape-Nuts have neither advanced the price, decreased the size of package, mor lessened the quality of this splendid wheat and barley food. It containg the full nutriment of these sturdy graing, including their invaluable mineral elements, so vital for maintenance of strong bodies, steady nerves and capable brains. “Young Americans, if intelligent thoughtful cn;not ln?lk with com- cency upon low administrative ds,” concluded Mr. Hughes. ? cannot but wonder at the burden taxation which those now young L be called upon to bear in middle life if we do not give closer consid- tion to the improvement of our _government methods, Some day we ‘must demand a more business-like administration of the great activities the federal government, with fewer 8 for incompetence and less “We must conserve our material re- sources and our human resources, [ “am in dnr lymrllhy with protection our children from being drawn too wl{ into industrial struggles. “I want to see Young America “trained, educated, physically strong d mentally keen, with every oppor- ‘tunity for the development for their itude. The ‘young American has ¢ key to the future. What kind of c‘\;sltry does Young America Wife Can'Stay Away; . ’ He Wants Baby Boy nfiding in Gus Miller, probation , that “he doesn't care much ~he finds his wife or not, ‘he'd like to locate the child,” Roy en, 2212 North Twenty-first led to juvenile court “him in tracing Mrs, and his brother's child, 4 years old. Bergen de- is wife ran away and with her, He ) goes by the Quickly digested, appetizing—a household word for nearly a score of ye: rape-Nuts easily stands at the head of all prepared cereals for delicious flavor, concentrated nourishment and economy. Every table should have its daily ration of Grape-Nuts Sold by Grocers everywhere. 10 torate of able men. UNION ATTEN THURSDAY, OCTO. America,” speak on “The Everybody Welcome MASS MEETING AT WASHINGTON HALL COME AND HEAR Hon. Sheridan Ford of Detroit, Editor of “Inside OTHER GOOD SPEAKERS MEN! TION! BER 26TH, 8 P. M. Threat of Prohibition.” Be a Booster Come! 7 1517 So.100SY. Specially Priced at. . . . The kind of furniture that not only lends distinction to your home, but gives you —upholstered in wine red $16.85. Some wonderfully pretty $12.75, $13.50 and up. A B Open a Charge Account and Welcome N &AIER Omaha HousefurnishingHeadquarters Classy Overstuffed Chairs and Rockers $16.85 - real comfort and satisfaction daily. Frames are mahogany stripe and blue figured ve- lours. Exceptional values at » new Velour Rockers, at pleasure to show them. MADE 10 ORDER N understanding of the ways g and means of giving to A clothes that touch called style— is the secret of NICOLL'S popu- larity. Suits and Overcoats $25, $30, $35 and upwards NICOLL The Tailor "W JERREMS' SONS 209-11 So.. 15th St. Karbach, Block. “THOMPSON-BEDENGCO. = «— The fashion Canter of the MiddleWest — Established 1886 A Speci_a.l_SaIe Thursday of Beautiful Trimmed Hats' French Sailors, trimmed with wide imported metal ribbon. 0 B Picturesque Mwshroom Hats of Lyons velvet, clever trims. Graceful, Velvet Pokes, in all the new shades, smart trims, Toques, Lyons velvet, all colors and black; some gold lace. New Trieorns of hatters’ plush or velvet, effective trims. Youthful Tam O’Shanters, with or without brims; clever. Large Picture Hats, with soft pleated edges, Lyons velvet. New Hats for Women of Matronly Years . We have designed espe- The. trimmings are c“.‘(llg’le“; the woman of | simple, as are all trim- m age, twelve becom- 2 2 : ; mings this year, but there D ey O | (s wich beauty of line ex- velvet. They are all small 0 . and close fitting and, while | pressed in the draping of the velvet — they are built on conserva- $6.75 to $18 tive lines, they are at the Newest Millinery same time smart and fash- Copies of the newest ionable. Young Girls’ Hats model hats, priced up to, $75.00 Many becoming Hats for the young girl are also to be had here, for— 83.95 and $4.95 Second Floor. Women Who Wish to Settle the Question of Heavier Underwear Will do well to see how complete these stocks are now. The best makes in every style are here for viewing. COTTON VESTS, 50c — Medium weights, in various styles; pants to match, ankle length, for tga same price. FINE RIBBED COTTON UNION SUITS, $1.00 — Low neck, no sleeves; Dutch neck, elbow sleeves; high neck, long sleeves; all ankle length. WOOL UNION SUITS, $1.25—Low neck, no sleeves; ankle length. A very fine garment. Center Aisle, Rear, Main Floor. Winter Tourist Fares Via Rock Island Lines' (FROM OMAHA.) Austin, Texas, and return RV eh s Kkl e $41.56 San Antonio, Texas, and retu 3 San Angelo, Texas, and return P El Paso, Texas, and return... R [ 4 Dallas, Texas, and return Fort Worth, Texas, and retutn. Waco, Texas, and return Galveston, Texas, and return. Houston, Texas, and return... Beaumont, Texas, and return. . Lake Charles, La., and return. Brownsville, Texas, and return.. Corpus Christi, Texas, and return. Eagle Pass, Texas, and return... Palacios, Texas, and return. .. CIRCUIT TOUR Jacksonville, Florida, and return.............. creens $70.56 One direction via Fort Worth or Dallas, Houston and New Orleans. Other direction via Birmingham and St. Louis or Memphis. Tickets on sale daily. Carry final return limit to May 31st, 1917, and liberal stop-over privileges. Rock Tickets, reservations and informa- tion at Rock Island office. Phone, write or call J. S. McNALLY, D. P. A, Fourteenth and Farnam Sts. Phone Douglas 428. BEIR Reel;l —I)iisea;e, Cured Withifii 6peraAtion Nearly every case cured in one treatment. I do not tor- PIL ture you for weeks, as most doctors do. No knife or thetic. No wait at hotel or hospital. Absolute guarantee to every case. :"k.‘?.ME BNLY HALF OF WHAT OTHERS CHARGE. Men and women treated. DR. J. C. WOODWARD, 301 Rose Bldg., Omaha, Neb. = y 4 PHONE DouhLAs £22. OMAHA NEg LUKELY WITHOUL Fistula, Fissure aud PILES By e rI . r guaraatee: no uatil cured. ‘wome Book d Establis] permanently in Des Moi; e ROkt M FN T BPHOTALIST, a7 Good Block, DES MOINES 10Wa: