The Bismarck Tribune Newspaper, July 31, 1924, Page 3

THURSDAY, JULY 31, 1924 THE BISMARCK TRIBUNE PAGE THREE THE SECRETARY’S LUNCH COUNTER MARKET NEWS || WHEAT RISES EARLY TODAY, Black Rust Reports Have a Bullish Effect | i Chicago, July 31, (By the A. P.)' ~Assertions that black rust in its final form has appeared in Canadian | § wheat fields effect early had a decided bullish today on the wheat market here. Initial prices, which ranged from 1-4 cent lower to 1-2! cent advance, with September $1.31 | 2-4 to $1.32 and December $1.34 7-8 | to $1.35 were followed by upturns | ee more than two cents a bushel! § from low prices touched shortly af: ter the opening. The close wa unsettled, 3-4 cents to 2 cents net higher, Old September $1.32 5-8 to $1.32 3-4; and December | $1.35 7-8 to $1.36, ST. So. ceipts ings stocks PAUL LIVESTOCK Paul, July 31.—Cattle re- 00. Best steers and yearl- better kinds of fat-she- Other killing class- to 25 cents lower. Top | yearlings in load lots $9.65. Top heavy steers $8.00 to $9.50. Fat she- stock largely $3.25 to $6.00. Can- ners and cutters $2.00 to $3.00. Bol- ogna bulls $3.50 to $4.25. Stockers and feeders active, bulk $4.00 to | $6.00. Calves receipts 1,300, Veal calves $8.25 to $8.50. Hog receipts 7,000, Fairly active. Unevenly 75 to $1.25 under Wednes day's best prices, or about 25 to 50 cents lower than terday’s | close! Shipping demand light. Bulk | desirable 150 to 300 pound averages $9.00 to $9.25. Best lights to ship- pers $9.35. Packing sows $7.50 to $8.00. Bulk mixed sows $7.75. Best feeder pigs $8.00. Sheep receipts Bulk lambs, 25 cents higher. Sheep. steady. Bulk fat native lambs $11.75 to $12.75. Culls around $8.00. Light _ and handyweight fat ewes and steady. 500, MINNEAPOLIS GRAIN Minneapolis, July 31.—Wheat re- ceipts 80 cars compared with 149 a year ago. Cash No. 1 northern 1.35 to 1.40 1-2; No. 2 dark northern ehoice to fancy 1.50 1-2 to 1.57 1-2; good to choice 1.41 1-9 to 1.49 1-2; ordinary to good 1.37 1-2 to 1.40 1-2; July 1.32 1-2; old September 1.35 3-4; new September 1.35 1-2; old Decem- ber 1.37 3-4; new December 1.37 3-4. Corn No. 3 yellow, 1.05 1-2 to 1.06 1-2; oats No. 3 white 51 1-8 to 52 1-8; barley 65 to 79 cents; rye No. 2, 91 to 91 3-4 cents; flax No. 1, $2.55 1-2 to $2.57 1-2 stat) eae ete CHICAGO LIVESTOCK Chicago, July ¥1.—Hog gedeilpts 35,000, 50 to 75 cents lower. Top $10.00. Cattle receipts 8,000. Active,- top matured steers $11.65. Sheep receipts 19,000. steady. MINNEAPOLIS GRAIN Minneapolis, July 31.—Flour un- changed. Shipments 37,076 barrels. Bran $23.00. BISMARCK GRAIN (Parnished by Russell-Miller Co.) Bismarck, July 31, 1924 No. 1 dark northern No. 1 northern spring No. 1 amber durum No. 1 mixed durum No. 1 red durum ... No. 1 flax . No. 2 flax . . 2.06 No. 1 rye - AB We quote but do not handle the followin; Oats 38 + 1.27 - 1.09 . 1.03 - 96 - 22 {tention of city and petitioners’ at "| of reproduction, Market; $1.31} i i Secretary of Labor John J. Davis is lunch. So he just goes acr and buys some fruit from the street from his office in Washington | often too busy to eat a regul n the man at the cart. = filed a new request for lower rates. |An injunction was obtained against the commission on Dec. 28, 1922, the| |, case fought through to the supreme court, a decision made, and the case jthen heard by the commission last December and on February 11, 1924. At the outset of the opinion, which is lengthy and in which the rail- road commission, it is understood, sought to down the latest law and rules governing public utilities, |the commission takes up the con- Ps e a Pi fi ltorneys that the stipulated value |®' of the property, totalling $410,000, | should stand for rate-making pur- poses. The railroad commission} held that, since it reopened the case on its own motion, the value which the company once agreed to was not binding. Total valuations by engineer: the company and the commi: are cited as follows; Company $368 p h u sion, present va With Regard The railroad comm gard to value, decide e g carefully considered all the testimony pertaining to valua- tion, giving consideration to con- struction cost, to prices of labor and materials at the time of the in- iry, reproduction cost new less de- , and to all over relevant facts, the Commission is of the opin- jion and finds that the present fair value of the property of the Hughes Electric Company, for rate-making purposes, consisting of electric and steam heating utilities, is the sum of $49,909, which includes a reason- able allowance for working capital jand going value. Of this amount, $362,202 is electric property and $136,807 steam heating property.” Regarding rate of return it says: “In the original proceeding the Commission found that the utility was entitled to a return of 3 per- cent upon the fair value of its prop- Jerty. We have uniformly held that each case should be governed by the facts and circumstances sur- rounding it. We -find that 4 the Hughes Electric Company is rend- ering efficient service and that a rate of return of 734 cents, plus Federal income taxes, will be and is reasonable.” The allowance of Federal income taxes, according to Chairman Milhollan, brings the rate of return to about 8% percent. The railroad commission disagreed as to the method of accounting of ‘the Hughes Electrie Company re- garding the depreciation reserve set’ up—to cover lessened value of property through use. The commis- sion says: ion, with re-| F “while disapproving the increase in the utility was its general manager was an officer ed were morg than the market price. No evidence rant the charge. River Coal Compa the than the prevailing market prices. FOR RENT—4 room partly modern FOR SALI WANT PIANO WANTED--Will WANTED—Second Hand Bicycle. Call FOR RENT. have been made White Hampshire. on Monda: The commission says that alary of the general manager, commission is of the opinion, upon the record before us we annot legally disallow it.” With regard to coal purchases and price paid by the utility the ommission says: “In fact, there ppeared to be a suspicion on the art of the counsel that because the purchasing some coal mining company in which rom a nd stockholder, the amounts charg- introduced to war- The coal exhibit bove referred to indicates that the ility did in fact purchase large of coal from the Knife in which com- any the general manager is a stock- older; but there no evidence pon which to base the claim that amounts charged were greater Too Late To Classify house located on 9th Street with garage also furnished. Phone! 468-R, 610 Thayer St. 7-31-3t. Five passenger 40 Touring car, 5 good tires, good battery—Pride ‘right, Call 536J after 6 P. M. 7-31-3t. H. P.| FOR SALE—Complete for a 4-room house. be fented also. 701-12th St. Phone 545. Bt. | furnishings | House canj —Girl to assist with house-/ care for baby. Phone F-e1-3t work and 1070. take first class care of piano in my home for storage. Write No. 797, Care Tri- » bune. 48 Thayer St., after 8 p. m. 7-31-1t Two or three modern ight housekeeping. Also Call at 418 Ist 7-31-3t rooms ft one sleeping room. St. or phone 558-W. Regular trails for walking parties | throughout the} Forest of New Mountain ANNOUNCEMENT We wish to announce that August 4th, we Old Ceremony of Indian Tribe Is Reenacted (Continued from page one.) ‘in which the cedar - tree—symbolie of strength and long life—is the center. There is prayer for long life for the individuals of ‘the tribe tival of joy for the blessings of | nature in providing bounteous crops. Cedar Tree Ceremony About 250 participated in the cere- jmony. A cedar tree was sanctified {at the altar of the lodge and then | placed outside the lodge. Gifts wete \laid before it as thanksgiving for the many blessings. The tree is to be left standing before the lodge until the ice goes out in the Missouri in the spring. Then moccasins of little children are fastened to the branches, 'and the tree is carried in sacred pro- \cession to the river, placed in the current and, allowed to float down stream, It carries as it drifts down the stream the message of the Ari- karas to the old village sites along the river—for the migration f the Arikaras has been northward on the Missouri—that the Arikara tribe con- tinues, holds the old, sacred cere- monies and still has hope for the future, The third stage is that of the “Mother Corn” ceremony. It is most particularly an agricultural festival --a blessing of the fields, a prayer for good crops, a thanksgiving for bounteous Providence in the past and hope for the future crop. The time of this ceremony varied from the planting to the harvesting of the crop in olden times, being continued at intervals. It was a beautiful, pcetic ceremony, in which hymns were sung. Gifts were given in the name of “Mother Corn.” Anyone could give a gift—rich or poor, according to means, -and the gifts after the ceremony were distributed among those who served in the ceremonies and those in need. Everything in this ceremonfy cen- tered around corn. Indeed, corn en- ters into all of the Arikara cere- monies from the cradle to the grave, Dr. Gilmore said. During this time children are brought up and given names and recognized as members of the tribe. Several children were brought forward in the rites per- formed for Dr. Gilmore. Against Policy The teachings of the ceremonies are those of good citizenship, accord- ing to Dr. Gilmore, who does hot agree with the Indian Bureau's policy of prohibiting them. The Indians, at this ceremony petformed for the scientists, mourned their inability to have the ceremonies once again. “It doesn’t seem necessary that they should be deprived of ‘their agricultural festivals off praise. prayer and Thanksgiving,” said Dr. Gilmore. “Why shouldn’t the na- tive Americans have such ceremon- ies? They teach good citizenship in the tribe, and this would apply equal- y in their participation in citizenship in the white man’s state. After the ceremonies the Indians all shook hands with Dr. Gilmore and gave him good wishes for the future. He is planning to return to TL LULU MULL IOUT ML MU 0 RM = {and for the tribe itself, and = fes-’ ASioy Wihout . JS BBBV ee - eal the reservation, with an interpreter, and will remain with the native priest. several days while he completes an aceurate record of the ancient cere- monies. Thp record will be lodged in the Museum of the American In- dian, New York. FIGHTER WITH CUSTER DIES New Rockford, D., July 31. Word has been received here of the death at Seattle, Ore. of John SPRINT KING _ OF GERMANY HOUBEN The fastest sprinter in Germany is Houben, pictured here winning the 100-meter dash in the Berlin stadium in 10.8 seconds. Shauer, 72, who served with one unit of (eneral Custer’s command, and an early Eddy county settler. Shauer's discharge. papers show he served 10 years in Troop K, Seventh While Custer’s detachment ing its stand against the Shauer serving in another detail under Major Reno, was en- gaged in a two-day battle against the Sioux Indians. His widow and two sons survive. CHEAPER, CHOCOLATES Auckland, New Zealand, July 31. Sweet chocolate is being sold in great quantities at a nominal price by order of Auckland health authori- ties, who are enthusiastic over the health-giving qualities of the candy. New Zealand manufacturers fre ousting English candy and captur- ing the whole market. ROYAL PAINTER BROKE London, July 31.—The gradual disappearance of European mon- archies has thrown Phi' A. de lo, famous painter of royal fam- , out of a job. The establish- ment of republican rule in Russia, Germany, Austria, Hungary, Greece, Turkey and Portugal has meant to him the loss of his most distin- guished clients Many vegetables that can. be grown in very cold climates have heen developed by the Indians of the high Andes. Shorthand and typewriting are the popular courses among the soners at Maidstone Prison, in England. A Florida man recently announced his desire to bequeath his skin ta s friends for the purpose of book- binding. Cook by Electricity. It is Clean. A hundred eyes U.S. Seeks Dutch Island in The Philippines Manila, July 31 (A. P.)—The Unit- ed States government has entered into negotiations with the Nether- lands government to bring under the American flag Palmas Island, situat- ed about 50 miles southeast of the province of Davao, Island of Min- danao. Palmas Island was ceded to United States by Spain in the treaty of Paris in 1898, but the Dutch flag which has flown over it for nearly a century, has never been taken down. Although the people of Palmas are virtually all of Filipino origin and the island a part of the Philippine archipelago, the Dutch have assumed sovereignty over the 500 inhabitants. AIRPLANES SOW | GRASS SEED Miami, Fla, July of the latest commercial uses airplane, which may possibly be per fected to revolutionize cer phases of agriculture, is that of sowing sced by ‘plane successfully demonstrated in the suburban territory of Miami recently, where 640 acres of land | the were sown to carpet grasp \fithin a| period of 20 minutes. For the aren sown during the experiment, it was said, it would require two men hand-seeders, 30 day POINTED POCKETS Pointed pockets are very attrac- tive on sport costumes and frequent- ly a smart long tassel hangs from the narrow end. PE RSIAN RULER This is the new premier of Persia—! His Royal Excellency Reza Khan.| He assumed office at a critical time just after the assassination of the Major i American consul — general, Imbrie. OUT TODAY RED SEAL RECORDS The Song of the Swan (Il Canto del Cieno) (Piochianti-Saint-Seéns) In Halian Paquita (Spanish Serenade) (A. Buzzi- ¢ Veccin) In Haltan Beniamino Victor Record No, 1025, 10-inch (Tachaikowsky, Op. 42, No. 2) Sle Jasché Helfets (from Quartet in D Major, No. 35) (Haydn Auer) Vitalin Solo Jascha Heiletz Vietor rd No, 1024, 10-inch Died of Lowe Divine (Kathleen Bireh-Haydn Woed) : Hulda Lashanska Scherre Love Came Calling (Baiabriige-Zamecnik) Hulda Laghanska Vietor Record No. 1023, 10-inch CONCERT SONGS AND INSTRUMENTAL Honey Chile Lacy Isabelle Marsh Hush-n-Bye Bay Lucy Isabelle Matah Victor Record No. 45421, 10-inch Out of the Dusk to You Victor String Orchestra Eleanor Victor String Orchestra Victor Record No. 19364, 10-inch LIGHT VOCAL SELECTIONS Ida! Sweet as Cider Roll Them Roly Boly Eyes Victor Record No. 19365, 10-inch DANCE RECORDS International Novelty Orchestra Victor Record No. 19369, 10-inch Two Blue Eyes—Fox Trot Jan Garber and His Orchestra Sally Leu—Fex Trot George Olsen and His Music Victor Record No. 19374, 10-inch Hoskins-Meyer Exclusive Victor Dealers Bismarck, N. D. REMINGTON TYPEWRITERS Sale and Service Branch. 111-5th St. Phone 201 CAPITO] “YESTERDAY'S WIF 199 From The Famous Story By EVELYN CAMPBELL A Big Story of Yester- day’s Wife, Today’s Hus- band and Tomorrow’s Sweetheart, with “In the case now under consider- ation a situation has been disclosed which we must take notice of. While the utility has set up a depreciation reserve fund and credited certain amounts to this fund annually, the books and records of the company will move into the Eltinge Block, space formerly octu- pied by Perry Furniture Co, We will be open for buajness on Wednesday, August 6th.’ Barley 58 Speltz, per cwt. ieee Shell Corn Yellow White & “He who buys had need have a hundred eyes,” said Poor Richard. Mixed That was quite true in his time. Whenever you No. No. 2, 56 Ibs. or more $.88 . 86 No. : . 85 1 cent per pound discount under 65 Ib. Ear corn 6 cents under shell. ELECTRIC RATE REDUCTION IN CITY ORDERED (Continued from page one.) Stem heating rates were unchang- ed, 4 . Other Points Decided In making the decision the com- missioi Declined to make the reduction retroactive, as asked by petitioners, declaring it had no power to order reparation, Rejected the contention of the city and attorneys for petitioners that the stipulated valuation, lower than the valuation fixed, was bind- ing. Rejected the contention of the city and petitioners’ attorneys, that the valuation stipulated to by the Hughes Electric Company was binding, and fixed a higher valuation. 3 Rejected the utility theory that valuation should be solely on the reproduction new method. Cut the depreciation charge allow- ed the company from four to two percent. Declined to interfere with salaries fixed, holding. it could not substitute its judgment for the . company’ The rate of return calculated by the railroad commission, ‘allowing the company ‘federal income taxes, is about 8% percent on the c pany’s valuation, according to Chair- mag Milhollan. The railroad com- mission, he said, had in instances fixed a rate of return for utilities as low as six percent, The- higher return allowed the. Hughes Electric Company, he said, was because of efficient service rendered by the plant. A Long Fight The decision comes after -a lon ‘ fight before the railroad commi: sion, which began in 1921, when a number of consumers filed a petition for decreased rates. Action was disclose that only in one instance was a charge ever made against this fund, and this amounted to only $27.81. If property has been retired and new units replaced, it has been covered by a direct charge to oper- ations. This is clearly contrary to the spirit of the law pertaining to depreciation and should the practice of the company be continued the de- preciation reserve would within afew years equal the value of the depre- ciable property.” Reserve too High The utility, according to the com- mission, credited $26,614.93 to de- |* preciation in one year when it should have credited but $12,158.30. The utility, the commission found, had. on Dec. 31, 1922, a balance of $193,- 573.58 in its reserve account. Hold- ing that the charges for deprecia- tion were excessive, the ‘commission ordered a reduction, stating $5,667.16 per year would be adequate. “The manner in which the utility has set up a portion of its accounts is open to severe criticism and a complete adjustment of. its books should be made in order to reflect the true conditions,” the commis- sion’s order reads, +" Regarding, cost. of operation and income the commission found: Total operating revenues for gear ending Nov. 30, 1922, was $224,258.86 and operating expenses “was #$151,747, leaving $72,521.03 surplus for the year to meet interest on investment, etc. The amount charged to operat- ing expenses included $9,958.49 fed- eral income tax, which it was con- tended by complaints was an im-| proper charge to operating expenses. Legal expenses in some degree were found excessive by the rail- road commission, It; found parti- cularly that large sums charged as legal expenses in attacking the reasonableness’ and propriety of] . charges for Workmen’s Compensa-| ( tion Insurance wag “unfair to tax. payers and “we do not belli it can be defended in law or equity.” Regarding ‘icers shlaries. the commission held that it could sub- stitute its judgment for the eom- pany. The principal ‘salary increas objected to was an increase from $5,000 to $10,000: per year for E. A. your painting. A. B. Carley. Hoffman‘Confectionery. | Phone 745 for estimate on’ Trucks ate operat’ ' ing successfully in 443 different lines of business, * No*more emphatic evidence could be desired of their suit- . ability for every kind of commercial 1% Tom, 61620.00 delivered’ M.S. GILMAN: CoS 22 Main aTReet BISMARCK PHONe® 608 needed anything, you had to go to this store — then to that store—across the street—to every place that car- ried the thing you needed. the bargain you sought, Not so today. Your own two eyes are plenty now. For every day this newspaper brings right into your home all the stores you would want to visit and the goods in which you are interested. seated in your armchair, you simply take your paper If you missed any one of them, you might be overlooking the very place that held and read through the advertisements., ’ So, later, when you do go out to buy, you know exactly where you are going. You know just what you are go- ing to get. You know just how much you are gojng to e &@. -Read the advertisements. They deserve your atten- tion. . They save you time, labor and money. -It is to pay. é z your advantage to,read them. - para —I—— s ADVERTISING IS'A STRAIGHT LINE TO BEST GOODS AND LOWEST PRICES Comfortably | 5h Fail IRENE RICH EILEEN PERCY —Two Reel Comedy— ' Coming Friday - Saturday HOOT GIBSON eg “THE RAMBLIN’ KID” The marvellous horse- manship of Gibson Known to the world be- cause of fifty fine motion pictures. This one in particular is well pre- sented. At 2:80 Matinee Eve TONIGHT — THURSDAY RETURN DATE “DINTY”’ WESLEY BARRY, COLLEEN ‘MOORE, NORAH BEBRY, MARJORIE PAW and PA’ Blanche Sweet, Warner Baxter, | Bessie Love and Robert Agnew.