The Bismarck Tribune Newspaper, November 23, 1918, Page 8

Le <> fal By ee fr to in 80 wi be rook ete none ~- TL eee een ee ee 4 : 4 ee “teased Ba PAGES NORTHWEST IS PAYING LOANS AT FAST RATE Farm Mortgages Being Reduced At Record Speed Says, Governor Wold | | | $73,000,000 IN SIXTY DAYS | Scrape i Most of Money Now Being Re- ' paid Fedesal Banks Borrow- ed in Crop Season i Minneapolis, Minn., Nov. 22. indication of what the Northw 1 be able to do toward rehabilitating itself during the reconstruction of bus-} iness period in the transition from a war to a peace basis, Governor Theo- dore Wold of the Federal Reserve bank today announced a reduction of | $73,000,000 in 60 days of loans made} to member banks in this section. This means, briefly, that farmers; end business men of the Northwest, | who had borrowed that amount of} money, have been able to pay back! in the past two months at the rate of | more than a million dollars a day, and} that the country banks in turn have} liquidated in a corresponding amount! their indebtedness to the Federal Ke-| serve bank from which they had bars} rowed the money. 1 Borrqwed During Crop Year. Most of this money was borrowed during the crop season, extending over a period of six months, and practically | all of it was advanced to farmers of} the northwest. The peak of the ‘loan period was reached about the middle of October, when the Federal bank had | $97,000,000 out in loans. Today that amount has been reduced to $24,000,- 000, and Governor Wold says it would have been cut down to a smaller sum but for the embargo that was placed against the shipping of grain to termi- nals, which held back large quantities of wheat, oats and so forth that were ready for the market. This condition of liquidation is not confined to the Federal Reserve bank, however, Governor Wold stating that it is paralleled by a corresponding heavy reduction in the loans of the larger national and state banks in) Minneapolis, St. Paul and other com- mercial centers of the Northwest. | Better Wheat Movement Aids. | A better movement of wheat from| now on, bankers say, will rapidly wipe out’ the remaining obligations of the countrybanks, leaving them with:sub- stantially increased deposits and‘ in! very excellent condition to meet spring demands. This status of the money situation in the northwest, it is agreed, is a most favorable augury for business re- construction. It means that country merchants will have it in their power to. order freely, of jobbers for the re- pletion of low stocks-sand that the manufacturers of the country who| supply this section will profit thereby | ‘in increased orders from jobbers. COLD WEATHER AND AUTOMO-; BILES. | “There are many ways that automo- ‘bile owners can add greatly to the life of their car and cut down up-keep,” said Mr. C.. B, Whittey, service man- ager of the Lahr Motor Sales ‘Com- pany:-"Take, for instance, the differ- etitia’ How many owners think of! the differential in cold weather. They put anti-freeze into the radiator to} avoid its freezing, but they do not| réalize ‘hat when it is cold the work of the differential is greatly increased, | as it is called upon constantly to com-| pensate for the slipping of first one} wheel and then the other. Under] theso circumstances the lubrication | should be the most efficient, but gen- in the differential housing } thickns because of the cold and does not follow the gears. To obtain the lu- ‘Dilcation needed under these condi- tions and keep the differentia! in good ————— The Dakot [CROATIAN WOMAN _ | IS HERO AT ARMS This woman fought by the side of her husband in the ranks of the Cro- tion forces on the cide of li and attained the rank of corpe Her country becomes a part of the new Jugo-Slay republic. working ‘orde: with minimum wear during cold ather, a good fluid oil instead of grease should be used, “There are other precautions that can be taken by the, motorist that! organization for the middlewest dis will keep down his up-keep and add to the life of his car, and wevare anxious to assist owner fering suggestions sible.” whenever —<Advt BUTTER REACHES PUBLIC SALE HIGHEST PRICE! Much higher prices for North Da- kota are forecast in thedepartment of to this end by of-| being so well informed on the sub- BISMARCK DAILY TRIBUNE (COLUMBIANS IN " ROUSING MRT HEAR IPKENNA Vice Chairman of State War Work Tells of Big Cam- { paign Just Made i bee tee OFFICERS ARE INSTALLED The Knights of Columbus held a {meeting last night which has been; | deferred from time to time during the | past sixty days on account of th “flu” epidemic. The new officer: wero installed and the meeting wa j particularly favored with the pre: }ence of State Deputy George M. M Kenna of Napoleon, who is well known to all Knights of Columbus in North Dakota, as well as to all other peo- ple in the state who have been active in war work during the past eighteen months. Mr. McKenna is holding the position of vice chairman on the state committee of the United War Work campaign and is among the most ac- tive workers, He was one of the prin« cipal speakers at the state meeting at Fargo, and at a special meeting j held in St. Paul, a ut the Dis- trict meeting held in Chicago which was arranged by Chief Director John |. Mott, who came to Chicago from Washington purposely to address the meeting and assist in perfecting the Mr. McKenna is a splendid and | ning speaker and because of tri enterta FINE DAIRY STOCK On account of the death of my son, and the scarcity of help, I agriculture’s butter bulletins of the last week, whic’ iow butter whole-; saling in New Yor! in Philadelphia at 66 1-2, J. Osterhaus, atte dairy commission-| er. Butter is marck around 60 cents prices which have be the east are due to the is no reserve supply in storage, al) of this butter having been taken ov er by the government, states Mr. Ou terhaus, The record; LEAGUE CONVENTION. Fargo, Nov. 2: President Townley, president of the Nonpartisan league, announced here today that a national convention of the league has been called in S¢ Paul December 5rd,|*%2 i all business of the | Wt» about, 1400; 1 bay horse 7 3 The total! old, wt. 1200; 1 bay horse 8 y: and continue unti convention is completed. ‘at 66 cents and! farm, one mile south and one- reports J./ half mile east of Fort Lincoln, on will sell at Public Auction, at my | ill retailing in Bis; Wednesday, Nov. 27, 718 | attiained in! The Following articles, to-wit? t that there; All my choice dairy cows, in- cluding 13 fine milkers, all to be \fresh soon. Nine head 3-yr.-old | ‘heifers, all will be fresh soon, | ‘and four yearling heifers. Also! c.16 head steers, coming 2 yr. old.; FOUR HEAD HORSES | |...Four head of horses, as fol- |lows: ,One bay mare 6 yrs. old, | delegates will be Tere fold, wt.,900, and 1 bay horse 7} ar reaching action will be taken | yy. gid wt, 1100. ht the convention looking toward the | 1920 election,” tho statement de- clared. CHICAGO LIVESTOCK, Hogs, receipts 7,000; tc to Joc! higher; butchers, $17.50 to 18.10; light | $16.25 to 17.8 packing $16.75 to 17.60,) throwouts $14.50 to 16.50; pigs, good to choice $13 25 to 15.00. Cattre receipts 4,00; compared with week ago, good and better native steers firm, others steady to lic low- er; better grades of cows and heif- trs steady; canne: and bulls, | | 25c higher; calvi : lower; stockere | and feeders steady higher. Sheep, receipts 4,000; steady to easy compared with week ago. Fat lambs 10c higher; sheep steady to 25¢ higher; feeders about steady. ST. PAUL LIVESTOCK. Hogs, lie bulk $17.15 to 100; 10¢ to 00 to 17.205 killers steady; steers and heifers $6 00 $5.0) to 15 to 10.60; veal calves stockers and feeders to 13.00; Sheep receipts 700 eady; lambs $10.00 to 14.75; wethers $7.00 to 10. ewes $3.00 to 8.50. |_ Eight head young pigs, | i Toulouse Geese, and some chick- | OTHER STOCK & POULTRY \ ens, FARM MACHINERY, ETC. 1 farm wagon, 1 truck wagon, | 1 manure spreader ; 1 corn lister ; 1 McCormick mower; 1 Bradley sulkey plow; 1 cook stove; some household: furniture and other prricles too numerous to men- ion. FREE LUNCH AT NOON TERMS OF SALE—AIl sums of $10.00 and under, cash. On all sums over $10 bankable note with interest at 10 per cent un- higher; | ti] Nov. 1, 1919. Two per cent discount for cash on all time sales. No property to be remov- jed until terms are complied with. | MRS. J. W. MORAN J. W. THOMPSON, Auct. J. L. BELL, Clerk. THE UNIVERSAL CAR AT ONCE Place your order immediately as there will only be a limited amount of cars for some time. a Motor 212 MAIN STREET -Phone 318 FORD MOTOR CO. WILL RESUME PRODUCTION OF PASSENGER CARS Company North Dakota Oliver Plows—Pulverizers—Roderock Lean Disc. ject proved instructive as well as in- teresting. ; The Knights have decided on an in- itiation to take place some time dur- ing February, 1919. During the war they have been exerting every effort fare of our soldier boys and assist tae various committees in the securing of funds for war purposes, The Knights of Colunibus of Bismarck have receiv- ed a special invitation to attend the initiation at Jamestown on Januaty 16 when they are expected to assist in the work, and a ‘great number: of the members are planning on attend- ing. New Officers. Officers for the term commencing Qunsnsnsueuanaisyy SERVICE—that’s {October 1. as installed last night lare: ¢ Grand knight—P. J. Cahill. Deputy grand knight — P. E. La France.” Chancellor—George V. Cunningham. } Financial secretary—H. M, Hanson. Recording secretary—T. J. Sheehan, Treasurer—Francis Halloran. Advocate—L, C. T-Noerick, Warden—Harry E, Homan. Letturer—S. E. Duggan. Inner guard—H, A. McIntyre. Outer guard—Matt Boespflug. Chaplain—Kev. M. J. Hiltner. Trustee to Oct. 1, 1921—J. R. Hea- low. i | ADansnusnucgesnsnnuncnsnvaneuanenenusnnsasneseueanvensntaaususuvonsggngeneneaoauges, our middle name. UU know,— . If you want to be sure of spring,— If you want warm, clean TTT “YOUR” Car—tThis Winter. If you want your car conditioned by mechanics who If you want your car repainted to look like new,— , really fireproof storage and prompt, courteous treatment, DRIVE IN! Lahr Motor Sales Company AUOQCOUDUOGUEUURSSORRUAEUCUDEUTOSURUUEGEDUCUCOGEUSDUOUCCUOMEERCUOSTOCEUOULUEEREEUGROUUOE SENT ENDER ; a good Storage:Battery next UUSCRUNAUUAUERTcuanueaeuaneNenate tn Trustee to Oct, 1, 1920-—T. E, Flah- erty. Trustee to Oct..1, 1918—John Maas- son. / LANGER ASKE] FOR OPINION: ON YANK VOTE Secretary of | State Hail Wants; -to Know How to. Can- vass Ballots’ ‘Secretary of State Hall two weeks ago requested an opinion from the fee co a oa attorney general is, tO’ the manner in which the absent voter. soldiers’ bal- lots are to be canvassed in the re- cent general election. It is understood that the attorney gencral now has an opinion in course of preparation. Some months ago the attorney general hand- ed down an opinion, holding that the soldier ballots should be counted, and that technical discrepancies in the act passed by the special session of 1918 should be overlooked, and the evi- dent intent of the legislators carried out. Tribune “Want Ads Bring Results the leadjng products above is an ideal ye dust, rain, snow and itors in North Dakota. Bismarck pared for it. See of the best—most motor truck—will basis. easy riding, too. Special now. At The keenest judges of business conditions in America are predicting that the .reconstruction 4 period will be a time of great prosperity. Be pre- that your delivery equipment is efficient, most economical. The Republic Special—full 2,000 pound capacity put your hauling on a profitable It will enable you to handle more business quicker and at lower cost because it is built so sturdily and so trouble-proof that it will stay on the job day after day for years. It’s a truck that is built for hard work and lots of it. Easy to drive and care for.and remarkably We urge you to come in and see this Republic its present price—$1295—it is / Be prepared for increased business the lowest priced real-motor truck of 2,000 pounds capacity on the market. It is not a makeshift or an adapted passenger car, but a truck of the highest ‘quality “built by tru factory that builds nothing but trucks. The frame is of pressed steel channel section; the springs of alloy steel; the radiator, Republic armored type for heavy duty; cooling system, carburetor, transmission, motor and every part is designed and built expressly for truck require- ments. The \Torbensen Internal Gear Drive delivers from 12% to 26% more of the motor power to the wheels than any other type of drive—it’s simple, accessible and long-lived. Furnished with either Open Express or Stake body, built especially for this Now—wiile ‘it is fresh in your mind—phone or calf for further information .;; Lahr Motor Sales Co. 300 Fourth St. Telephone 490 Bismarck, N. D. ae Tl PAULL OAKLAND SIX SEDAN The Oakland Sensible Six has been one of Company for many years. Its valve-in-head motor and light weight have proven a most successful combination. The Sedan pictured glass sides drop out of sight and you have all the: comforts of a touring car, Corwin Motor Co. Chek OL sn of the General Motors ar ’round car. Wind, cold are frequent vis- In warm weather the ' North Dakota y ck specialists in a iar a} rast FES. Pz ar 7. SE ae — chassis. Capacity 2,000. lbs. $1295 F. O. B. Alma, Michigan & . . ey Gantt ‘i hi | WETCeTeTNT TTT TTT