The Bismarck Tribune Newspaper, February 2, 1922, Page 2

PAGE TWO THE BISMARCK TRIBUNE THURSDAY, FEBRUARY 2 RECOVERY OF FARM PRICES~ "IS PREDICTED City National Bank of New York Gives Business Review WHEAT POSITION : STRONG Improved State of Feeling In - Cattle Country of Late New York, Feb, 2—The National City Bank of this city today issued ‘the following statement relative “to the outlook for farm products: “While it is early to make predic- tions for the qoming season there is a basis for confidence that prices of farm products will make some recov- ery in the present year. As a restlt of the short crop of cotton the sur- plus of that commodity which has hung over the market for several years | will be in great part removed. While a larger crop may be expected in 1922 than in 1921, an increase of 5,000,000 |* bales sounds very large, and there is good reason to think that the market will take a 13,000,000 bale crop with- out a serious decline of price. The world’s stock of cotton goods has not been kept up in recent years, and one of these days replenishment will be in order. | “The statistical position of wheat is ; very strong, and common opinion is that we are not likely to have a bump- er crop in this country in 1922. Stocks are light all over the world, and both Argentina and Australia have had un- usual luck with their crops for now two years. All reports about the mar- ket in recent months have agreed that it lacked speculative support. The farmers marketed rapidly, and there was not enough speculative buying to sustain the price. Corn Crop “The corn crop was a magnificent one in quantity and quality, and to- gether with a big carry-over from 1920, too much for the current de-} mand, The south cut down its acre: | age in cotton and increased its acre- age in corn; this year it will put some | of that land back in cotton. -The acre- age of corn was increased during the war, when prices were very high and some reduction will ‘be naturally in order. Furthermore, it would be re- markable if the country had a third record-breaking crop in succession. “Reports indicate a much improved state of feeling in the cattle country in recent months, the result in part of the heavy liquidation that has taken place. The report from Texas is that the country is cleaned out of agad steers and that the amount of all} kinds of cattle to come from there this qoming spring will-be light. There hag been a great distribution of herds under the pressure of debt, but it has left the situation mich stronger. Men qualified to judge say the southwest has not in many years had so few cat- tle to sell. Cow values are said to haye advanced $10 to $20 per head since the fall. “Ome accomplishfnent undoubtedly) may be credited to the Emergency Tariff, viz.: it has strengthened the market for wool and sheep. Ewes are ii. demand and have had a ghod advance in price. The prospect ‘for th? sheepgrowers is considered much more promising. It should be added that foreign wool markets are strong- er. “Insofar as the prospect for bet- ter prices is due to a genetal restric- tion of it.signites a real improvement conditions. If the production of corn is out of' balance with the production of livestock «the situation should he corrected, but we do not believe the state of the country or the position of the farmer will be improved by a gen- eral curtailment of production. High- er prices will make living costs high- er for the: town population and tend to retard the readjustment of wages in the town industries, while the farm- er can gain but little by higher prices for a-reduced output. The farmer's investment in land and equipment is the same |whether he grows a full crop or a! short one, and he does so much of the farm work himself that the difference in outlay is compara- tively small, The farmer can better afford tio st a full, normal crop for full, normai\ purchases of town-made goods than i@ trade a-scant crop of a restricted output of the town indus- tries, and th manufacturing indus- tries will profit best by the same ar- rangement. What the workers ‘in ail the industries \really want in the last analysis’is plenty of each other's goods, and that is not to be had by the narrow policy of restricting pro- duction in order to put prices up on each other. ‘ “While it is | true that a great amount of outttanding indebtedness will have to be carried over until af- ter the next crop, and that probably there, will have tio be some readjust- Why Suffer With Piles pet bey When Pyramid Pile Suppositories Bring Such Bhtssed Relief Yes, Pyramid Pile Suppositories are simply wonderfitl to ease pain, relieve itching, allwy that aggra- vating sense of pressure ‘and enable you to rest And sleep with comfort. The fact that almost every drug- gist in the U. S. and Canjida carries Pyramid in stock at 60 ¢ ints a box shows how highly these Supposi- tories are regarded. Tak3 no sub- stitute. You can try theia free by sending your name and address to eyramid Drug Co. 616 “Lyramid Bidg., Marshall, Mich. \ roduction we do not believe | « of | pr nen 1 ment of indebtedness which repre-| ents land transfers at the top of the} si boom, nevertheless there is reason for believing that the agricultural community is getting itself establish- | ed on a solid basis again. Operating | costs, so far as they lie within the} farmer’s control, have been rapidly, lowered and other costs will have to, ome into line. | Hogs, cattle, cotton and dairy pro- ducts give promise of fair returns as | transportation charges and other| items in the farmer’s expense account | come down to the same level. | The strength of the farmer’s posi- | tion at last is in the relation which | the supply of his pnoducts bears to! the growing population of the world. | Consumption ,has been reduced, but } that'is an involuntary and temporary | condition, The farmer can no more} scape the.effects of the social demor- | alization that has occurred the world | over than can any other class, and he | can hear it with as good reason for: confidence as any class. | An Opinion Frém the Country | “The following from a small ‘town | in a western state, received some} months ago, is interesting for the| graphic picture it gives of the condi- tions resulting from the sudden de-! cline of live stock and other farm pro- | ducts in the latter part of 1920; and | also as showing that by no means all! of the sufferers by that decline lost| their mental poise or commpn sense, The writer says: | - “phe past year or two have been, just | as your letters . very hard years on; farmers and meat éattle producers, also dairy product producers, the latter of whieh I am. | Butterfat ‘declined in thef fit Bo six months of this year to thirty-j even and six-tenths against an average | © for the first six months of 1920 of sixtystive cents. T had a surplus of feed} last fall (4920) on which T-could not get} a bid and to try to, save it bought 173; beef calves and fed them until May and June and lost heavily in the transaction. | They were goW stock, bought the; market price, we had ‘an exceptional good winter for, feeding and they good gains. Not counting ‘anything for the six months’ feed bill, I would have | been a little better off just to have let my Ly erop stand without harvesting and go to waste. Even at that I fared better than one of my neighbors who shipped in at the same time. He lost sixty dollars per head and laughed, saying the c con- solation the could get ‘out of it was that he met another feeder on the market who told him he had lost $100 per head and had fed longer. Now, in the face of the foregoing, lét mé tell you something that may be news to you. The cattleman of average intelligence and industry, who has a good equity in the land he needs for the business and a fair share of the copie to Wo business on, who decides how /many cattle he can: handle each year, and then handles that number each year, not picking out the good years and trying to-handle more; or the poor years and handle less, on an average has as good business as most men have and is New York or any place else, 1 have been Girector fri one of our banks for ten or twelve years, am not now, and know there has been but few times when a cat- tleman could not get all the money his credit entitled him to. I wish my credit had not been so good last fall and every 'B IRDSEYE OF INTERIOR SHOWING RESCU Birdseye view of the interior of tl 114 and injured more than 250. In the foreground are the ruins of the balcony, swept by the fall of the roof, burying spectators who were seated beneath it. At the rig {ht and curving toward the foreground is a bent and twisted steel girder which gave way under the weight of snow. Soldiers, a , |.the right, are removing bodies on stretchers. Other soldiers are seen digging in the debris with shovels for more bodies. not in need of financial assistance from) E WORK Knickerbocker theater, Washington, after the collapse of the theater roof which killed left foreground is a mass of snow precipitated when the roof fell. SEARCHING WRECKAGE FOR VICTIMS In | i 1 j | | | i | fg the, wreckage of the Knickerbocker theater, Washington, for dead and injured after | ithe fashionable motion picture house collapsed, killing 114 and injuring more than, en, soldiers and citizen volunteers: are shown at work. Note the massive steel gird-| pported the roof and the great blocks of concrete that fell when the girders gave way bight of snow. At the left one of the broken girders can be seen. SOLDIERS REMOVING VICTIMS . Searchi the roof of 250. Firer ers which s) under ‘the w aN Groups 0: fsoldiers removing two of the victims from the Knickerbocker theater, Washington, | where 114 we te killed and more than 250 hurt when the room, collapsed. Notice the depth of the| snow which is \thought to have been responsible for the collapse of the theater roof. | \ | ew | y t | band, Carl Lehmann,. ranchman of cattleman who failed to get money should be thankful. What the cattlemen and farmers need now is to have the wages of coal miners, railroad hands and all mechanics reduced until capital can keep them steadily at work so they can buy and can then sell the cattleman and farmer their produce on something like the level farm products are selling. “I greatly fear congress is going to e a serious mistake in increasing on foreign goods and do not ‘belie’ cattlemen or farmers will derive any ad- vantage from an increased tariff on farm Products. ve thé capaci all jines, farm product tured ‘goods, a great surplus above our needs and What we want is to produce all of them at low enough basis to keep us all busy all the time. Should you find an items of interest, in this long rambling letter I prefer you keep the, source of your information to yourself.’ ”’ PREPARING FOR THE WEDDING OF PRINCESS MARY London, Feb. 2.—Arrangements for Princess Mary’s wedding to Viscount y to produce in nd manufac- last week in February are beginning to take form. The Lord Chamberlain, the Duke of Atholl, has been commissioned by the King to draw up a sketch of the pro- posed ceremonial and the State Cham- pare the program. The sending out of 2,000 invitations Lascelles at Westminster Abbey the! berlain, Sir Douglas Dawson, will pre- | is the task of. tlre’ 4 Ceremonial Depart- {ment at St. Jame Palace. A fort: jnight’s netice is /‘usually considered jsufficient for s h occasions. The Bw rule invite per- mm i relatives from SWEDEN-U.S.,0N SAME FOOTING t i earth days Year for Mars is 687 / King and Queen i long. |sonally their o fabroad. Not all the gue jAlbbey will be able jeeremony. The h fepts will be set i jfamily, the diplo1 jfriends of the Vis v jand the members cf} the royal house- ‘holds and suites, 1 We others will have jto be content wit HW; the view of the ! procession, i The wedding wi ¥ its at Westminster {ito see, the wedding ir and the trans- Ypart for the royal Ric corps, personal nunt,and Princess | | Stockholm, Feb. 2.—Physicians in ; Sweden, like those of America, can- | }ndt_be- compelled hereafter. to give | evidence in court against their will in < medical ca with which they have | | de solemnized by | bee} profe: ally connected, under the Archbishop of | Canterbury, or in'a decision just given by the Lower jhis absence, by Xe Archbishop of, Court of Appeals of Stockholm. This iYork. jcourt has just reversed a decision giv- | A Wedding rece, Adon will probably ¢? by a magistrate’s court witich ‘be held in the ball {room at Bucking- woult hdve compelled a physician to ‘ham Palace, at whi ih the famous roy-| Rea giniad this has been the prac- la 1 . i dis- | tice in Sweden. ; aiayeas blatex # pyice EMU Ae | The case which evoked this ruling The cohtectidue- aera theéstate (OeINE) Me Swedish physician on a . peed abi ei par vith he menican locto! at- | !functions is made b gine Le atae tracted wide attention in Scandinavia jat the Palace and is we med Mey and ox the continent, while it was be- {will make: the-wed bee eer ling fought in the'two courts and was close:y watched by lawyers as well as | physicians, | Altuough- the case may yet be ap-| pealed to the supreme court, no no- tice of such action has been given. i RHEUMATIC TWINGE MADE-YOU WINCE! SE, Sloan’s freely for rheumatic jaches, sciatica, lumbago, overs worked muscles, neuralgia, backe | aches, stiff joints and for sprains and strains, Jt penelrates without rubbing. The very first time you use Sloan's Liniment you will wonder why you never used it before. The comforting warmth and quick relief from pain will Gelightfully surprise you. Keep Sloan’s handy and at the fires “ eign of an ache or pain, use it. At all druggists—35c, 70c, $1.40. Liniment eee Disfiguring faciel eruptions are ‘ickly healed by Dr. Hobson's Ointment. Good | Sor pimply ian eczemt a cu Stherstin troubles: Oneof Dr.Hobaon' >| Family Remedi DrH | | WORK ON PL¢ (NT BEGUN Douglas, N. D,, Fob. 2—Work has} been begun here on t Ife installation of ithe equipment of 1% fe new Douglas | light plant,’ which ‘ws {1 be located in | ‘the fire hall and wii ff be run by the | ‘eity. The cost comvglete, including} Dickinson, N. D., Feb. 2—Suit for | ‘poles, lines, meters: #id other equip- | divorce, including a claim for $12,009, ment taken over by: tite city from the bas heen filed in district court for | \cld company, whose: lant burned, w Ramsey county, at St. Paul, by Mr: |be about $6,000, td tina Lehmann against her RANCHMAN SUED FOR DIVORCE | ies, Any druggist. obson's. _ Satisfies the sweet tooth » and aids appetite and digestion. Cleanses mouth and teeth. _A great boon to smokers, relieving hot, dry mouth. Combines pleasure and benefit. “Don’t miss the joy of the P new WRIGLEY'S P-K—the sugar- ~. coated: peppermint tid bit! | wrappers valuable ptemiums the state- headquarters, ‘ | granted by {located h ENGINEERS AT WILLISTON IN: LOCAL CHAPTER Willistioa will be represented in the | The Williston club is the third lo- state meeting of the North Dakota cal in North Dakota, others being at Fargo ‘and Bismarck.’ Three or more Chapter of the American Association of Engineers, to be held in Bismarck | members constitute and may form a club. The Williston members are Geo. F. Ludvigsen, Division Engineer State Highway Commision; A. R. Bar- bour, U. S.:Reclamation Service; A. Feb. 9 and 10, by a newly organized local chapter, the third-in the state. The Williston chapter has ‘petitioned fer a local club charter, which will bejm — T. You county superintendent of ‘ highway d I. H. 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