The Bismarck Tribune Newspaper, May 28, 1924, Page 8

PAGE EIGHT SAYS PRE-WAR RAILFREIGHT RATES FAR OFF Cannot Come With Railroads Meeting Huge Expenditures S. Now, s Flynn TRANSPORTATION ACT Railroad Ei Since Passage of Esch- rnings Found Less Cummins Bill Pre-war railro: reight not be restored under pre condi tions, Edward Fo Flynn of St. Paul direc f the tu of Public Re ta of the Northern Rail way, told the Dakota Retail Merchants A ition here thi ternoor “ operating expenses of the ads between December, 1917, nd February, 1920, increased, under povernment operation, $6,200,000 3 day,” Mr. Flynn said, “While they have since heen decreased $00,000 WO a day the incre nment operation. still to this the fa 1917, railway taxes ha Tear aie i ten A ndsdowne, new | the cost of feed for livestock in the {is so good. publishers in her home | creased about $450,000 a day, ommander who succeded Cay t d y Might. On right (below) is a new contrivance | sour complete states in this district |city, Boston, t to print it in a is obvious that pre-war rates cannot | pliced on the rv fthe t Holt, | Wt ts called a “water vecovery” and is used for the\punpose! of | scythe years from 1019 {b> the’ pres: |book. But Oiga has rejected all be restored as long ex- condensing th wust Vapor ¢ Fil ck into water which is pumped into the dalast tanks. t. Judging from each y te: |otterey She says she doesn't want | penses and taxes are exceeded by : lation to the five years average, the |her verse “commercialized.” over $5,300,000 a day 39 it out and Sceretary Wilbur and price of livestock and the cost of LAT EEE ooo te Mr. Flynn declared railroad earn- j, to torney General lipped in, feed were about evenly balanced in‘ |. ve) ings are low, and that since the pa Hy a et amp and d of though, of course diet » MOVEMENT OF 19, hut feed prices held up longer time the low pork prices, due te the ch-Cummins, aet, much Pantgye rca) nhAlle anual geal hat the than the price of livestock in 1920,j heavy supplies, have reduced the riticized by radicals, they have d president hade frie Al so that the profit in feeding was'demand for beef and the normal 1 mente By apparently materially reduced. d price rise has been slow in appear- The net return, or net oun bt nth aieeGontiblio aing prices declined more in 1921 than ing. Any increase in fat cattle income of the railways averaged, in iy Secretary of State did the price of livestock, and con-| prices will benefit a large number | wi 7 800,000 a ¢ wh ; quently the profit in livestock! of producers, owing to the greater th » for the period of th \ Used to Slemp ising greater in that year.! territory included in the corn coun- years ending September 1, 1923, i Mayhe n exception should | This situation continued in 1 and try producing such cattle. During | ter the nsportation Act was pa i fa of Pri soertae {Wis directly responsible for the’ the month of April a carload of fat | $2,100,000 a day,” Mr. Flynn oho nowerae ee ae Reserve Bank, arn eae increase in the number of| sters, averaging 1400 pounds, was i r, to be sure, jos in the Northwest in 1923,| shipped to South St. Paul by Amos self-evident that the rail-! IN CA B | N ET And maybe not | Monthly Summary, Re- | | nich greatly increased the demand | K ii of Malta, Montana, enc tebe r permitted to earn large Siemp's was a political appoint 5 > 3 \for feed in 1923 and raised the] Canadian boundary, and these stee merieeditncasthoiMranspartittonvAct ment. Ht isnt likely the preident| DOPtS Increased Sales [te or feed so that livestock pro-|topped. the market. on the day o ssed has not kept rates up, as se alia = EKlected Thero knew much about him personally at —_- fits diminished. sale at $10,50 a hundredweight. profits earned have been less than | IF Coolidge Is Elected There cee ee ee tie theres. no GENERALVOLUMEISLESS| | Course Downward alot heupana@iisnensetesr i iriectd Will Be Changes in the | question that he began to get clo “The course of livestock pricesjfollow the price of butcher «steers valuation of railroads to his chief and now undoubted Saetenree tue. | hits been downward in the main! very closely, although, of course, Flynn said: Cabinet he's one of the men the latter trusts | Minneapolis, Minn. May 28—Live- | during the five post-war years. From|on a lower level. At. times high tain senators who claim that most 3 stock has been moving to market{ high level in 1918 and 1919 there | feed, prices enrtail the demand for the valuation of the railways should sea tee $ kind of polities has been | !7@™ northwest farms in good vol-j was’ un almost continuous decline | feeder steers, a4 was the case in the be based upon the market value of | By Charles P. Stewart poken rather unkindly in some UM this spring, says the monthlyjuntil June, 1921, then a ht re-|fall of 1919 and the summer ‘of the railway securities, assert that 1s ervice wee Riquneters merase summary of the Federal Reserved covery lasting through after | 1923. the market value in 1920, when the yan fay 2 ae Bank of Minneapolis, on conditicns | which prices were depressed and! j"The price of butcher cows, also, tentative valuation was made, was| Coolidge £ mt) . jin the Ninth district. The summary remained at a low level, with the | fqllows the price trend of butche only twelve billion dollars, the ap-) hed of his ewn ticker ne ne | follows __fexception of the last two months of | steers with fair constancy, but it is proximate valuation of nineteen bil- 80 Seer’ ett ‘L moved to. mi in. 1923. \There were temporary bulges| not as sensitive to conditions of lion dollars was seven billion doliars jcians . ie tlapries good volume during April. The re-|in the price curve in the latter part] supply and demand as the ISCO) of | too high. However, from the fact | hold ove roe edn ceipts of hogs and calves were avove) of 1919 ‘and the fall of 1920 on | buteher steers. that under government operation “the | exception REACEaeneeoas the pi navearl avenge and receipts of! count of a shortage in fivestock! calf prices were maintain- railways had incurred large deficits anon h . Ateauitines 4 kinds ef livestock were aliove 2; Supplies, caused by the transporta-{ed at a high level for several malgneethein inuneial fa iirc Hae year ago, the greatest increase tak-; tion up, which lasted throughout} months in 1919 and 1920 after the tremely uncertain. a neater : Ca | ing place in hogs. Nevertheless, thet the two) years. However, the rail-| major decline began in cattle prices; Bt cally » | did, he Laue AOU AL 1) iM THEI CH | Price for livestock improved during) roads took the necessary steps to, but the weight of supplies of calves lowest ever reached. uot TSCDN EINE eens ey [the month. Grain receipts were nor-} expedite ‘eattle shipments and toj hus been constantly increasing and uation Dispute phe ee EG ial mal with the prices unchanged. reduce delay terminals, thereby; has prevented any marked recovery “At the renee on rail-| dea Sonia anon! tan cunt ] ing, when measured by} making it possible for livestock,-es-|from the low levels of 1921. untih road valuation, which was held last! TCR aR OL i sales at country yards,'was! pecially cattle, which aceumu-| April, 1924. ch MiSanitoralubule jee woes ec muvenconcemuchy epoue i 16 percent below April a year ago,{lated in country shipping pens, tol “The p is lower this ssociates criticized the | . Uitte sitters when tess Han although showing the customary per-! enter’ the m: in abnormal quan-| spring than at any time in the post- terstate Commerce Commission RUBSIERE GeUER: URUE RE TLRG ALINE centiseso! increuse overs March © i ltiew in November: war years, with the single exception not ascertaining the actual invest-1 1,0 \aricus secretaries had become Victims of Train Crossing he volume of business in this!’ “Iy} the first. fou ws of this‘ of Jvne, 1923, when an equally low ment in the railroads and basing | MERA HAM LG UNG TLOSR Ce “cid 4 Raney district, as evidenced by individual | perfod, the (prices received for eat- level was reached, if seasonal Gielr-voluation according’ ees Accident in Minnesota (debits at banks, declined 5 percent | tle a larger influence upon the sue cluninercdaDurinn eine “They contend that. the sl earus saqaeeLanoanetinnaieaan eee | between March and April, which is! general price level of divestock thin’ period veyed, there has appar- are entitled to earn only a fair re-| it the outset tha uapaulh tee Beene snore than the cwstomary decline forjany dther class; but in 1923, and om been a continuation of the turn on what the properties pave 2) jhe 0 ; Vad Wap, Wee TEAL this season of the yeur. Accorcing the first four months in 1924, hogs ‘h car cylical movement of hoz actually cost. The valuation | 6 Grricial advice weed alge ei ace ee the same index, business was 7}have predominhted and are largely ri eluding one complete cycle ney the | a Were) alm oeeain ety, percent below the level prevailing in| responsible for the low level of the from a high point in 1919 to a high was hi en Ds Aulwaukee ind April a year ago, Manufacturing, j index. point in and part of a second ered principally the ble cost of | mat spe ou Rannaraeaiwan oy ineieat Wan | tining, wholesale trade and commer. :. _ Class Variations cycle, as indigated by the decline reproduction of the properties, The | yo eit or HAWG ! |cial paper outstanding were all le The different classes and grades; in 1923-24. assertion is made by the spok ERGs Ge aseEGaL: ei Tiree Vola chilean were thrown | {tn the totals of the preceding jof animals for which we have com-| “The price of lambs is _ fairly for this group of men that the actual | fanying! fault DTAaiNenies LeleAn OL TREE RoR NE ENR: , | month and below a year ago. De puted median prices during this|typical of. prices-.generally in the cost. of the railways has been only | heritage tron udninis-‘Lilis, huwband of the dead woman, |™¢Rt store sales for March and April | period show some interesting vari-|sheep industry. Prior to the pass- thirteen to fifteen billion doMars.| tration, told the whole story. ihe tanding. beside the: track clos, | Combined wer s than for the same (ations from one ‘another in price|age of the tariff act of 1921, the This, howev a mere guess. While} Qf course, the president denied ing th GAtnodEh? Giick theleoee z : ae jtrends, The cattle group, after! sheep-men were greatly discouraged the railways would |i had seen the specch in advance: family had driven, from their farm | “Banking conditions indicate ex- sharing in the general decline in the |and heavy marketings occurred _in indicate that their cost has been] much less approved it, But none of to the visht-of why, which they in, | Pansion in the rural scctions of this ‘first part of the pariod, has shown|1919, 1920 and 1921 of foundation AbEUE twenty-one) hillioni dollars, the |the {naidera, uoliovedl| hisiwiechnge tended (4 Gepaa toma iehine trip. | district. Selected member banks in ja stéady but very gradual recovery | stock, which caused very irregular Interstate Commerce Commiss‘on, thing hut a “diplomatic denial.” Tt The wagon was demolished —and| the larger cengers report rednetions [from the Tow point in 1921, The| price movements during that peri- OO investipation, hose wucheihe @ooliice, melnode oh oti lorser anil n loans and déclining deposits. This jmedian price of butcher steers, rep- od. Following favorable tariff leg- while the tentative itnvinemton itt anamecun tay ah Wederal Reserve Bank an in-|resentifg the highest grade cattle|islation, which promised — increased of the railroads as of 191 lronbittce mom lcaunadleueennwuaneue [ere ¢ in loans and a substantiai in-|which come to market, has respond-| prices for sheep, lambs and wool, 900,000,000, the cost is not a Gita Tateiee LAV ne Gene Ul jcrease in note issue, Interest rates jed reiddily to shortages in supply or} the movement to market was greatly uble, which is not surprising, sce | found it impossible to wish" th |vemain unchanged, although normal-|to ex'rordinary demand and exhi-| reduced and has been subnormal un- Hhetrailroads have Been in precces|| Be edie aha acca cecal ‘ly a decline is shown at this n.|Bited pronounced peaks in the curve,|til the present time. Prices advan- of development and construction! o¢ them Calldnit) do. anvt | | Building Less adjusted for seasonal variations, in| ced abruptly in the spring of 1922 nearly 1 "hundred years, lates 5 | | “Prospective building activity, as|the fall of 1919 and the fall of 1920] and advanced still further, if season- “The reme Court of the United! “papper evident undertook thei shown by building permits, is below |and twice in 1923; but at the present|al changes are eliminated, in the States, time and time again, laoburata brondenatin Dune nnnitont i year ago, althougn showing the ! Pec times within the 0 tee ecate ROA ICE Meee Ta tern ea | customary seasonal ineve don this nn held that the valuation of a ra be blamed, but willing to take the offensive against limenth: | EUnIDeEAaensee init ea srde Tt} 3 pul. could eo) me for the sake of the he capital of the state of Tobasco, i retailers sega mereent CHILDREN CRY FOR CAS’ ' be based on its cost | hoped he'd do his party by it." which is a rebel stronghold, has bi EO 3 * alone, as many other elements must | til Secretary ib At- gun, acceniinel ee cere vee lumber manufacturers are 10 percent 1 : be considered, in addition to its ac-| torney General Daugherty dropped in official circles. abave a Yau age: aoa as: the i tual estimated cost, including the in. | ~ Minneapolis housing conditions may ‘ ‘ |) seat in'the sive ot is ind end META WW VOLUNTARILY SURRENDERS |!" ete auido to he gen Especially Prepared for Infants and Children of All Ages Seobable cost of reproduction at pre- | 4 | 1al situation, it pbbshre that the} o eee ° wages, prices of materials, | shortage of dwellings due to war hee ee | \| ecu ae neal faly sts \ Mother! Fletcher's Castoria has where’ rocéinicnbit it. The kind you Reduction Effect \ | ‘Employment conditions, ‘when |been in use for over 30 years as a| have ‘always bought bears signature “The effect wpon rates, supposing measured by the relative position of | pleasant, harmless substitute fo:'| of ; f the ‘valuation to be reduced six or | tuations wanted” and “help.want-|Castor Oil, Paregoric, . Teething { seven billion dollars, is an important ” advertiscments, indicate that em- | Drops and Soothing Syrups. Contains question. It is with the object of | ‘s are in a more favorable bar-|m@ narcotics. Proven directions are bringing rates cown that a reduction |,,aining position now than at any|on each package. Physicians every- of valuation is advoeated. Approxi- | iime auring the last four years or “a mately 85 per cent of the total carn- | ings of the railroads was required to pay their operating expenses and tax- es in 1923, No change in the valua- tion Would affect operating expenses or taxes at all. If the valuation were wiped out completely, the resulti eduction of rates would be about fifteen per cent. If it were ri duced ‘one-third, almost as much a certain senators advocate, the reduc- tion of, rates would be only five | per cent. The average rate on wheat | from. the Dakotas to Minneapolis, and from points in Kansas to Kunsas | City, is less than 10 cents a bushel. | “A reduction of five per cent, in the/ yates from the great wheat-growing “gections,to the nearest large central ; “markets would average, therefore, | Jess than one-half cent & bushel, ‘The ; €xport rate on wheat from Hutchin- | on, Kansas, to Galveston is 27 cents, | “A teduction of 6 per cent for this, jang haul would be only about one | one-half cents a bushel—less jam the average daily fluctuation in | market price, wpe’ total’ cost of railroad trans- portation to the average American family of 4.3 persons ‘in 1923 was ‘about. 66 cents a day. The reduction | per cent in rates which would fected by reducing the valuation I the roads one-third Id. result aaving- to *he-average maily-of THE BISMARCK TRIBUNE 1 queen of { i \ hold her nos2 IWARIATIONS | { i ! Batey. Thaw, photographed with ‘Asaivtant District -Attorney ‘Ma- Joney, New 'York, before whom Thaw appeared after yanenanag er ink himself on an old «iha:ge of assaulting Frederick Gump, dJr,, a Kansas City school oy, for whi: h alleged offense ‘Thaw faces two fadictments, baie put up $10, 000 batt and pleaded not guilty. | ri more. -However, the situation jpi.t Was slightly more tavorable to ithe employee than in March, when allowance is made for A Regeonul | trends.” STOCK BROKERS "ARE INDICTED New York, May 28. worth, former president of thé. Con- solidated Exchange, Wm: Gilbouch, a member of the ‘board of ‘gover- nors, and seven other brokers, to- day were indicted by a federal grand jury on charges of having used the |mails to defraud. WILL IN 14 WoRDS Wabash, Ind. May . 28,—Pointed “jand plain-spoken in life, Clark Wess- ner, Wabash pioneer, was, pothted, and’ plain-spoken’ at ‘death. "He dis- posed of his. property in: 14 words, ‘“I_ will devise and: béqucath .% my erty,” he wrote. The will was-made February 24, 1911. in’ just completed of the Spurns Publishers OF LIVESTOCK _ PRICES SHOWN Federal Reserve Bank, Trac- ing Course Since War, Finds Sheep Prices Best | | | | | \ IMPROVEMEN SOME | | Conditions Now Better Than; in 1919 and 1920 But Not | So Gord as 1921 or 1922 | in| 3 in 1020 larger the | the | the the | “The of live ratio profitableness tock raising was smaller in 19 first months 1 but 1920, fram of the relation of for finished livestock to feed,” says a bulletin of Reserv unk oof Min polis. No analy of ‘conditions could show more clearly the effect alternate periods + of excessive supplies of feed and’ excessive num- hers of livestock to be fed than the | present study which this office has | nurse of live- St. PauP and a during the in in th than tondpoint or 19 and price t of Federal stock prices ut South Olga Sears, 16, is a poet. Her verse Let Us Test It! Even if you. yourself fill your battery with distilled water, come to us ‘once a.month,.s0 that we may check its condi- tion. This service may save you. dollars. If your battery, Mhatever'f its - make, should be in need of re- pairs, you! can be sure of a square deal herp. z i CORWIN MOTOR COMPANY wife, Anna E, Wessner, all my prop- 4 _.. WEDNESDAY, MAY 28, 1924" Making it Easy to Own an Automobile Because you can buy an automo- bile easily doesn’t always mean that it’s easy to own one. Only the dealer who: sold you the car can keep you comfortable in the ownership of it. ” There’s just as much good-will and friendly helpfulness at the shop door of this institution as there is at the salesroom door. Lahr Motor é. SalesCompany > HN HN Wi = | == { | ; ifall of the | time price amo year, Since that s have remained at a fair- MARX T0 FORM ly constant level. Feed Prices Since War rm prices of the . principal ‘feedstuffs, corn, oats, barley, hay and bran, advanced generally in 1919 nd the first half of 1920, but broke cattle to badly when prices declined and continued decline © during 1921, During 1922, 1923 and 1924, j Prices have gradually increased, ex- cpt for a temporary recession at jharvest time in lesser idecline in 1923, STONE URGES 2 Berlin, May Chancellor M: today accepted President Ebert commission to form a new govern- ment, REWARD FOR WHIPPER + Gillingham, England, May dressed == woman proached a former naval officer in hetel here with an offer of 200 pounds if he would accompany her 1922 and a | to Italy and thrash with a horse whip her brother-in-law, who, she said, had been mistreating her si ter, *The officer refused the oppor- ~ PUT ON STAND = oS: | t |Would Have Them Correct|] DODGE BROTHERS Some “Inaccuracies” About DEALERS SELL {| Department of Justice G00D USED CARS Washington, May 2Bin—Attdrney General Stone repuested the senate : committee investigating former At- There's no secret about torney General Daugherty's admin- our reason for taking istration “of the department of jus- such ‘9 deep interest in tice to call a number of officials ; ‘ RoR yace coRrhbdtaseaden conteee: He’ satisfaction of our ed with the department, to testify. Used Car owners. We In a letter to Chairman Brookha realize that every owner he said that “éertain ipaceuracies”’ has many friends—and lin eermneny elven oe committee thet some of those might be corrected and “false im- sy pressions eliminated.” : riends are going to The officials suggested, he added, ‘ollow his advice in should be called before the comm the matter of cars. tee made any partial report on its work, He named John W. H. Crim, who h ready appeared; Augustus ” {T. Seymour; Mrs. Mabel ,-Walker Good Values | Willebrandt, who heads the prohibi- a d : tion enforcement machinery, and ‘or Today— Earl J. Davis, as assistant, attor- neys general who should be heard. Among special ants Mr. FORD SEDAN le Stone asked the committee to call ii Bomas of Colorado. Judge Charles jon. Used only in Bis- Kerr, and Henry W. Anderson, who marck, and with very lit- have been in snarge of war fraud tle mileage. Practically prosecutions. He added that. he tp 1 would “wgleome thorough and com- brand. new tires all prehensive examination of these|| @round. Come in and % witnesses with respect to their per-|| fing; what a REAL bar. \ sonal knowledge of the transactions |} gain this is, for a Closed of professional business in the de- Car. ( partment.” f *, * DODGE BROTHERS TOURING Just overhauled, and has a brand new battery. We will guarantee this car if you are at all in doubt, after you have looked it over; FORD SEDAN Many of your friends are driving cars that are not in the excellent condition of this one, and they ask Not Your Fault \ $100.00 to $150.00 more . eae But— for their cars than we | Ru Hohe for this Closed ar. is is The child ran out from behind + bargain. the wagon and was under your ¥ f |] wheels before you saw it. Moe: BILMAN Co. , 12 Main eraeer Not your fault-ebut—you’re ||. in for a big damage suit, never- BISMARCK th eless;.' F; | PHONG BoB i ||» ‘There's only one way to fully “"Kelly-Springfield Tires.” || Protect yourself against such un- avoidable accidents, ' AATNA- IZE #tna-Auto Insurance protects” you against the many forms.of WEBB BROTHERS Undertakers _ Embalmers Funeral Directors loss to which ownership or oper- A ation of. an ‘automobile may Tiggnsed Embalmer in make: you liable, large. . Day Phone 246 May, we tell you about its Night Phones 246-887 many advantages today? HENRY &HENRY Insurance Agency Telephone’'961 Bismarek, N. D. PERRY: UNDERTAKING . PARLORS. Beneer Lapaleet in ‘one 100 ‘Day Phon Night Phones. 100 or 484R.