The Bismarck Tribune Newspaper, June 5, 1924, Page 3

THURSDAY, JUNE _ MARKET NEWS Factors Chicago, June 5— in the price of wheat of today’s trading here were a more or less to rains over th Can- adian Northwest and to the fact that the Liverpool market proved unre- | sponsible to yesterday’ this side of the Atlan In other quarters selling was also attributed | to President Coolidge’s. refusal to/ indorse a proposed substitute for the MeNary-Haugen bill. The selling came chiefly fiom houses that were prominent yester- day on the bull side of the market. Opening prices, which ranged from one-eighth to five-cights cents lower, with July 1.04 5-8 to 3-4 cents, September 1.06 5-8 to 3-4, were lowed by a decided further drop. fol- Subsequently word of export pur-| chasing at Winnipeg helped to rally the market here. The stimulus, how- ever, failed to last and prices closed weak, 5-8 to 11-8 cents net lowe July a .041-8 to 1-4 and September | $1.05 7-8 to $1.06. CHICAGO PRODUCE cago, June 5—Butter ipts 13,363 tubs. Creamei 39 cents, stand firsts 387 to 38 cent lower. Ss} cheese unchanged; eggs er; receipts 17,446 cases, first s; ordinary firsts orage pack extri to ungettle¢ broilers 32 nts; 14 cents, CHICAGO LIVESTOCK 0, June 5—-Hog , receipts } Slow. Mostly 10 cents lower. Top $7.40. Cattle receipts 10,000. Gener trade active. Better grades beef steers and yearling cents up. Top matured steers $11.30. | Sheep receipts 11,000. Better grades fat lambs fully steady. Low- er grades 25 to 50 cents lower. MINNEAPOLIS FLOUR Minneapolis, June 5—Flour un- changed to 10 cents higher. In car- load lots family patents quoted at $6.50 to $6.80 a barrel in 98-pound cotton sacks. Shipments 40,001 bar- rels, Bran $17.00 to §18,00. ST. PAUL LIVESTOCK So. St. Paul, June 5—Cattle re- : ceipts 1,600. Very little done carly. phen conedwalis< thrush) Ww Killing classes look steady to strong.{® torch. the frost glitters and Bologna bulls strong to siightly | §Pagkles like diamonds. One can al- higher. Stockers and feeders slow at Wednesday's price. Beef steers and yearlings largely of quality and finish to sell from $7.00 to around $9.00. ‘Fat ‘she-stock $4.00 to>$6.75. Canners and cutters $2.50 to $: Bologna bulls $: 7 meaty bulls receipis 1,400. Strong, better grades lightweights $7.25 to $8.00. Hog receipts 10,000. Very slow, 10 to 15 cents lower, Bulk butcher and bacon hogs $6.80 to $6.85... Top $6.85. Bulk packing sows $6.00. Feeder pigs $5.’ Sheep receipts 600. steady to 25 cent: lower, Good spring lambs $15.00. Handyweight fat shorn ewes $5.50; heavies $4.00. MINNEAPOLIS GRAIN Minncapotig, June 5—Wheat ceipts 127 cars compared with cars a year ago. h ern $1.11 2-2 to $1.16 1. northern spring choice $1.25 1-2 to $1.31 1-2 $1.18 1-2 to §1.241-2; ordinary to good $1.131-2 to $1.171-2; $1111 ptember $1.11 7-8; cember Fat lambs re- 130 No. 1 north No, 1 dark to fancy good to choice De- 711-2 to 72 cents; oats No. 461-2 to 3-4 cents; cents; . 3 white barley 57 to rye No, 2, 635-8 to 63 1, $2.40 to $2.43. (Furnished by Russell-Miller Co.) Bismarck, June 5, 1924 No. 1 dark northern . No. 1 northern spring ..... No. 1 amber durum . No. 1 mixed durum No, 1 red durum a No. 1 flax . I No, 2 flax K No. 1 rye .. ’ We quote but do not handle the followin; Oats . 35 BarJey . 53 Speltz, per cwt. “80 — Shell Corn. White & * Yellow Mixed No, 2,56 Ib. or more ....$ 54 $ 54 No, 3, 55 Ib, +, 53 53 No. 4 we BL 51 1 cent per ‘pound discount under | 55 lb. Ear corn 5 cents under shell. Wor Too Late To Classify FOR SALE—Sanitary couch, medicine chest, small table, and other pieces of furniture, 621-6th. Phone 619-W. 6-5;3t. FOR RENT—Partly modern five room house. 409-15th St. Call 213-M. 523- 6th St. 6-5-1wk. Baby Chicks, New June Price, prompt shipment, per 100°:Leghorns $12; Rocks, Reds; Ancona, $14; Orphing-| ns, Minorea, Wyandottes, $15. lyton Rust, Fargo, N.D. 6-5-20 FOR RENT—5 Room partly’ modern house, including ‘2 large bedrooms, close in, Has water, sewer, lights and toilet, Geo. ‘M. Register. 6-5-1wk. , WANTED— Washing by. Phone’ 928-M.é the © day. a 5-2t. Wanted—Models to soley mer. gowns. sag Cloaks = 414 Main Street.’ - WHEAT FALLS AT OPENING Rains in Canada Are Bearish| terial declines at the outset bed) advance on | and | desirable | July | 135-8; corn No. 3 yellow,| g| of $300 on each of three ¢ 5, 1924 THE BISMARCK TRIBUNE Sy ng ree PA Tine « LE 4 AT SPI!1 i BY HAAKON H. HAMMER Captain Roald Amundsen’ | Written Expressly for N and The Bismarck T On th ¢: Spitzbergen, June 5. jof the world from which | Ralph expect rolar Lieutenant Roald Amundsen, Davison, U. 1 to hop off on our 7 , one finds a wonder land, » hundred miles farther north jthan the northern-most Alaska, and North Poie, jonly 650 miles from the ‘coal mines flourish. But they are far different the mines other parts of world. far down into the ground work must be done in ter moisture and gas fumes. Up here the mines are right in the moun- tains. The galleries are high above water level, the average tempera- jture is 25 degrees F., and gas fumes jan unknown quantity. It is extremely beautiful to visit} a Spitzbergen coal mine. The low] j temperature causes frost to gather on the roofs and walls of the mines and walks th from the in As a rule pits must be dug and the fic heat, NESTOS AVERS_ | FARMER'S TAX | | HAS BEEN CUT} (Continueg osamn page 1) property was 99,099 ared with 1921. farm The state and county tax on farm} lands, including the flat hail tax, is| 3 less in 1 than in ! reat Northe » Northern | Pacific and Soo lines were assessed | |by the state board of equalization jin 1923 $5 mofe than the jvalue of these roads as established in the tentative valuations. of the Interstate Commerce Commission. “Those who clai that the new wws are unduly favorable to the! roads are wrong, and thees rail- roads pay in taxes in North Dakota} a larger percentage of their carn-| ings than in any other Northwest- ern state from Wisconsin to the Rocky Mountains. | “Not only did all the Independ- ents in the session of 1923 vote for |the law under which all property is to be assessed on the same basis percent—whether in town or try, but the following Leaguers vo- | ted with them: Senators Garberg, | Ettestad, Peck, Nathan, Whitmer and | Wog, and Representatives Iverson of | Griggs and Sathre of Steel “On the bill abolishing 75 coun- xemptions | es of | personal property, not only all the Independents voted ‘yes’ but also the following Leaguers: Benson, Byrne, Ettestad, Garberg, Gross, In- gerson, Nathan, Olson of Eddy, Pat- ten, Peck, Ward, Whitmer, Wog Pat- terson and Tweten, “On Senate bill No. 258 abolishing the exemptions of $500 on city res- lidences and $500 on farm imple- ments, every League senator, except Senator Ingerson, voted’ with the In- dependents in favor of it, and in ad- dition to that League , Representa- tives Arduser, Burkhart, Elmer, Hoo- ple, Iverson, Patterson and Tweten.” “The cost of manufacturing and selling the flour of the Grand Forks mill, asNwell as the general office expense, during the period “from January first to July 31, 1923, was 95 cents per barrel, and between August 1, 1923, and March 31, 1924, it was 73 cents per barrel, or a r | duction of 23 per cent, showing marked progress in the right direc- tion; * and that in the last five months of 1923 the mill made more | than running expénses, but — still | suffered a loss of about $70,000 on, account of-bond interest and depre- | ciation. “The interest on the bonds issued | for the mill and elevator at Grand Forks and for wheat purchasing, | amounts to $229,500 per year, and the annual depreciation to more than $80,000; and that these sums, together with the amount of taxes a private concern of the same size would pay, must be eatned over and above all running expenses before rit can be‘ said’ that the project is paying. “The interest paid ~ annually by the taxpayers. of» North, Dakota on the Bank of North Dakota Bonds alone is $100,000, “The taxpayers of: “North Dakota have paid in the last few years, as a, part of their ‘taxes, interest on North’ Dakota. state. bonds issued for a pay WITH CAPTAIN ROALD AM POLAR FLIG * COAL MIN most imagine having been trans- ferred to Aladdins treasure cave. But alas the diamonds are only “frost.” Operation costs and trans- portation difficulties makes the Spitzbergen coal treasure a liability instead of an tt, For Spitzbergen lies three days by steamer from even the most northernly town in Norway, and its east coast is generally ice-bound all) the r ound, But on the we: coast where navigation is open thr jot ffur months every year, five coal mines are now in operation. Two of them are Norwegian, one is Swedish, another Dutch and the last English. The coal found is an excellent hard coal but climatic conditions naturally makes it very hard to mine during the long dark and severe winter. Some of the mines therefore are only operating during } the summer. Another severe handicap is the short shipping season, During the three to four months of open naviga tion the entire year's output must be shipped and the loading facilities are as yet in most cases very primi- tive. The consequences are that coal mining on Spitzbergen up to the the establi of the in- dustries, state Must Pay Bonds “Soon the bonds will begin to ma- ture and must be paid, In 1928 and 10,000 of the bonds mature ur levy and taxes must be in- d during the coming years to them. “More state-owned mills, elevators, packing and briquetting plants, for which the League platform de b mean more state-bonds; more bonds mean more inter and more inter- est means higher ta \. “The League in t two years ning the mill at Drake lost $80,- andl Wan Cho maocems celine tration in about two years lost 149.91. Though the Home Builders’ ation used but $528,000 in a arie nd expenses and the building of fifty-three houses, the total loss to the taxpiy is over $300,000. Bank of North Dakota “On December 31, 1921, just after the present administration took of- fice, they found that there was tied | = up in the banks of North Dakota in loans and re-deposits from the Bank of North Dakota, $3,996,807 of the taxpayers’ moneys, and tho the present management has collected $1,195,152 of thig, that on December 31, 1923, there wa 74 in closed banks and $460,0 in open banks still uncollected and ‘a great proportion of it bound to bg lost cause of the reckless political manip- ulation of the businesss of the Bank of North Dakota, under the former administration. “The moneys of the Guaranty Fund have not been re-deposited in exce as the former administration did with the funds in the Bank of North Dakota, but are contained in rea- sonable amounts in e e bank in North Dakota. The fund to the taxpayers in accordance with the decision of the Supreme Court, as soon as that decision is annoan- ced. {he former administration made farm-loans for only $2,760,331.83 in a period of about twenty-seven months, and that the present ad- ministration has loaned out nearly} $12,000,000 less time and with and fairness. in es of the receiverships were $77,478,92 less in 1922 than in 1921 und are still less’ in’ proportion to the volume of business under the present unified system of receiver- . inaugurated by i ‘on. service of the present ad- ministration in financing the pay- ment of hail warrants has saved the mers of North Dakota hundreds of thousands of dollars annually and brought millions of dollars in cash into the state, when badly needed. “The saving to the state, on the re-sale of the bonds withdrawn by the present administration from the Frazier-Lemke-Hagan contract with the Spitzer Rorick Company, alone, in premiums and lower interest, compounded at 5 per cent, amounts to $2,271,936.08, “The former administration had to spend $266,119.47 of the taxpayers’ moneys in salaries, advertising, dis- counts, entertainments, ete. in. try- ing to sell the state bonds, but that. the “present ‘administration’ has sold ve amounts in friendly banks, | has} been well handled and will be paid! the present} Pole - Fliers Find Rich Mines Flourishing in Far - North AND LIEU: OVER THE {1 POLE BE- 28 WERE HT nt time has been anything but svenue-bearing. During 1928 about 300 people were employed in the Spitzbergen coal mines and uric’ about 250,000 tons of coal wi ped out from there, which above figures for previous y All the miners and laborers are im- ported as the islands have no na- tives. All supplies and provisions must be shipped in by the respee- tive mining companies as. nothing | | whatever, not even potatoes, cin be | raised up here, T did he about one radish being raised, but that was in a flower pot in a mine superintendent's home. In the early days Spitzbergeny which consists of five large and | many small islands, favorite place for whalers, Eng- | fish and Dutch. ties show that between the 3 1669 and 1775 about 58,000 whales were killed | in Spitzbergen waters and the con-/ sequences of this ruthless killing is that the whale now is entirely extinct in that territory. No longer do the islands hold an interest for the hunter or the fisher- man. Now it is the explorer-avi ds here a camping ground. “The present administration has sought by interviews and addresse to bring to the people of the central 1 castern states the facts about ‘orth Dakota to restore the state’ credit, reduce the bond interest, and to create rit of respect, friend ship, and good will toward North Dakota.” | How Many | Like to Gain int a Week? | are thin and scrawny and If you lould like to gain weight, I will jsend you a sample of the gensine y FRE S-| Hilton's Vitamines absolute 'bo not send any money—just name and address to W. W. 1b5 Gateway Sta. Kansas Cit iL TO THE VOTERS I hereby announce that I am a candidate at the Primary Election to be held June 25th, 1924, for the office of County Treasurér of Burleigh County wherein I’ have resided all my jlife. As I will be unabie to see all the voters I take this port and assure you, if sucess- ful at the June Primary and election in November, I will give to the duties of the office my personal attention and my best efforts. Respectfully, Gerald L. Richholt. . Dated June 4th, 1924. ° Pol.' Adv. ) | }them all without any expense to? the state of North Dakota except a few cents in postage. Pounds Would You t co) BURLEIGH COUNTY | means of soliciting your sup-| Many much needed items are specially which means extra ‘ MILLINERY ly clearance. Two price groups. $2.95 * and $3.95 PRINTED SILKS Canton Crepes. price groups. Value to $4.50 $2.98 © TISSUE GINGHAMS A fine quality Gingham from regular stock, 27 inches wide in stripes and checks. Specially priced at Value to $3.75 ff $2.29 ! ¥ Pp. district J. Page of Westhope, and R, A. Johnson, district, candidates indorsed by state conference held here, TO RUN DEMS ON “STICKERS Candidates For Genres To| Consre Walter i Go on Ballot in Fall Makoti, thi The on andidate WwW tion on the primary ballot, Benton Baker, member of the state campaign able, according to About $500 was taken. OW excursion fares to cities and tourist objec- tives of the Far West are offered to you by the Northern Pacific between May 15th and Sept. 30th. Return limit Oct. 31st. Round Trip Fares From Bismarck To Yellowstone Park .... Seattle ....... Tacoma ... pee’ Park (Ashford) . California (one way via north coast) $29.70 65.70 65.70 68.50 65.70 60.70 60.70 106.38 We will sladly give you the fares to other cities if you'll ask. Use “The North Coast Limited” One of America’s Fine Trains. Northern Pacific Ry. 5 a sD WEBB BROTHERS “FORTY YEARS IN BISMARCK”’ WEEK-END SPECIALS savings for the thrifty, shopper. All Spring Hats ; both Sport and Dress Models are great- ly reduced for season end Extra Quality Printed Georgette, Crepe de Chine and in 4 wide variety of patterns and colors for late spring and summer sewing in two special 26°” Nias Ta a a St ete Port- | econd district, the will be for ford in the| colds, bank officials. tert AS erouped for Friday and Saturday at prices HOUSE DRESSES Chambray and Large and Smal! Check Ginghams are cleverly designed into these practical dr These smart styles are suitable for many a daytime occasion. All the wanted colors. Specially Priced $1 .98 BOYS’ WASH SUITS Fill the Kiddies needs now from this large miscellane- ous lot of Middy style and plain or striped Wash Suits. The sizes are from two to eight years. Special at HALF PRICE f 4 RATINES Domestic and Imported Materials in Plain colors and patterns specially priced. 69c and $1.69 BED SPREADS Fancy Bed Spreads with Blue, Orchid and Yellow stripe. SPECIAL $6.50 WEAK LUNGS W. Wyatt, Lecton, Mo,, says: “Hs rd| inj e of lung trouble I tr MeMullin’s Formula and gained pounds in 6 months, Feeling Fin You should try McMullin's for weak lungs, old standing. cough, bronchial trouble, asthma or} fever. Hundreds report wonder-} ful results, Mfrd. L. only by jen MO \EGOTIABLE MeMullin Co. Sedalia, Mo, Sold by || —_————o_/ Democratic candidates for Congress] Hartland June 5—Most of | Lenhart Drug Co. re ose — THURSDAY will go on the fall ballot, although] the Joot obtained by yegxs who blew SrBeNe LAST TIMES petitions were not filed to place the| open the outer door of the safe of the \three indorsees of the state conven-| Hartland State bank was non-nego- DON’T MISS THIS FINE CAPITOL|| cite | \ \ jm il 4 I TONIGHT - (Thursday) cui ing “CAUSE FOR DIVORCE” with Pat O’Malley and Fritzi Brunette. COMEDY “The Ridin’ Master” DR. R. S. ENGE Chirepractor Consultation Free Lucas Blk. Bismarck, N. D. 2 with BEBE DANIELS, DOROTHY. MACKAILL, JAMES RENNIE, GEORGE FAWCETT BUTTERFLY KIDDIES Eleven Lovable, Clever Kiddies From 5 to 14 Years of Age in a Singing and Dancing Comedy Act. Special Feature Picture “THREE O’CLOCK IN THE MORNING” FELIX CAT COMEDY - TONIGHT AND FRIDAY NIGHT Two Shows Each Evening—7:30 & 9. _W. A Mapona "ae | AUDITORIUM peers MR 2 WePGisae ot Otic" |] ADMISSION — All Seats 55c, :: (eats, Not Seserved)...