The Bismarck Tribune Newspaper, March 24, 1925, Page 3

He (Sa MARKET NEWS Wire Markets By Associated Presse AT PRICES SLUMP AGAIN Showers in Kansas Tend To Ease Down Market Chicago, Mar. 24.—Showers __ in| Kansas tended to ease down the} wheat market today during the early dealings. Indications that export| buying had come to something of a halt for at least the time being were so influential toward a setback. On the other hand, Liverpool quota- tions were higher than had been looked for and selling pressures here was light. The opening which | ranged from ec to decline to % July $1.48% to $1.49, were followed by numerous fluctuations within 1% cents range and mostly below yesterday’s finish. Subsequently reports that spring wheat seeding is underway in. Min- nesota and South Dakota led to rather free selling. There was not- le curtailment of buying and a sharp decline in values took place, especially at the it. Wheat closed nervous, 1%c to 5 cents net lower, May $1.65% to $1.65% and July $1.45% to $1 CHICAGO PRODUCE Chicago, Mat. 24—Butter lower. Receipts 13,105 tubs. Creamery ex- t standards 48¢; firsts 40%c to firsts 46 to 47¢; 4c; seconds 34 to 36c. Eggs Receipts cases. Firsts to 29¢; ordinary firsts 27% storage packed firsts 30%c Poultry alive, ulichanged. CHICAGO LIVESTOCK Chicago, Mar. 24.—Hog receipts 20,000. Generally steady to 10 cents lower than Monday’s close. (Bulk desirable butchers 220 Ibs. upward $13.75 to $13.85. Top $13.90. Cattle receipts 10,000.0 Fed steers slowing down. Yearlings and desir- gble light heifers active. Steady to trong. Early top yearlings $11.50. Sheep receipts 12,000. Dull. Little done on fat lambs. One load of me- dium good handyweights to packers $16.25. 5 _ ST. PAUL LIVESTOCK South » Paul, Mar. 24.--Cattle Feceipt Slow. Generaily stea- ay. ing quality largely medium. ‘arly 5. ; les steers upward to $9. Several loads better grade offerings considered saleable somewhat high- er. Bulk steers and yearlings $7.75 to $8.75. Fat she-stock firm. Bulk fat co $4.50 to $5.75. Heifers Ss largely $5.50 to $7.00. cutters $2.75 to $3.50. slow, weak tending $4.25 and down. Stockers and feed- ers in light supply. About. steady. Calves receipts 4,000. Unevenly higher. Mostly 25 to 50 cents hig! er. Top sorts largely $9.50 to $9.7! Few choice kinds $10.00 to $10.25. Hog receipts 11,000. Very slow. Mostly 10 to 15 cents lower. Good medium weight butchers largely $13.40, 140 to 180 Ib. averages $12.25 to $13.00. Good pigs $12.00. Average cost Monday $13.15. Weight 199 Ibs, Sheep receipts 200. native lambs $15.00. choice 88 to 91 Ibs. Monday $15.75. $9.50, $7.00. Canners and Bologna bulls lower. Bulk Steady. Best Six double Montanas late Fat ewes $8.00 to One deck 94 Ib. feeding ewes __ MINNEAPOLIS GRAIN Minneapolis, Mar. 24.—Wheat re- ceipts 64 cars compared with 166 cars a year ago. Cash’ No. 1 northern $1.55% to $1.58%; No. 1 dark northern spring; choice to fancy, $1.73% to $1.87% good to choice, $1.62% to $1.72% ordinary to good, $1.56% to $1.62%; No, 1 face spring $1.87% to $1.97%; No. 1 k Montana on track $1.63% to $1 to arrive $1.63% to $1.77%; May $1.55%; July $1.55%. Corn No. 3iyellow, $1.02% to $1.04%; oats No. 3 white, 40%c to 415%c; barley 69¢ to 85. No. 2 ; rye flax $2.86% to $2.88%. __ MINNEAPOLIS FLOUR Minneapolis, Mar. 24.—Flour 10 to 5 cents higher in carload lots fam: ly patents quoted at $9.15 to $9.45 a barrel in 98 Ib. cotton sacks. Ship- ments 26,975 barrel: Bran $23.50. $1.17 to $1.1 1 BISMARCK GRAIN (Furnished by Russell-Miller Co.) Bismarck, Mar. 24, 1925. . 1 dark northern 1 northern spring . 1.36 . 1 amber durum . 1.42 . 1 mixed durum . 1.31 » 1 red durum . 1 flax 30 We quote but do not handle the following: Barley 4 65 Speltz, per cwt. . "80 Shell Corn Yellow 15 1 65 1 cent per pound discount under 55 lb. Ear corn 5 cents under shell. mple grade «BB Too Late To Classify: FOR RENT—Nice cheerful front room in new modern home. Un- usually well furnished and every convenience desired. Gentlemen only. Call 508-7th St. North. 3-16-1w R SALE—One Garland Range, No. 9, hot water front, $20.00, _ Phone 275-W. 3-24-¢f FOR RENT—Attractive rooom in new modern home. Phone 682, * Ba roars _ 8-24-1w FOR SALE OR TRADE—Two new Wilton rugs, 8-8x10-6, will ‘sell-or trade for a good milk cow. Phone —10-F-4./ 3-24-3t |FOR SALE—Oak buffet with china closet. Phone 843W or call at 10 W_ Thayer. 3-24-1w F Annual Meeting Of Farmers Grain Dealers Association (Continued from page one) to protest against measures detri- mental to our business, or to lobby for measures needed to protect our customers, and the owners of our business. However, we were unable to secure the passage of a ware- jouse act to control and supervise | the handling of grain. Our organ’ tion represents 75,000 farmers, own- ers of the largest single industry save farming itself, within the state. Still certain members of our Legis- lature introduced legislation tendin to give unfair alvantages to certain interests, that have found that they cannot compete with the service and marketing agencies now afforded the farmers through our local elevators. “Perhaps we as grain dealers have | been at fault. Through Jack of an| educational program, we have failed to give our farmer ‘customers the means of acquainting themselves with all angles of the grain business. We should explain to the farmer the ing of the great marketing ma- vance, May $1.69% to $1.70% and {chine we use in selling the grain we buy, The farmer should know that here in America we have today a marketing organization exacting the smallest margin between producer and consumer, exacted in any coun- try by any trade. We have given to the producer an open market where buyer and seller meet. Where they can buy or sell in any quantity, for any delivery, at any time. Whe the producer can get cash for h product when it is delivered. Where contracts are enforced and __ si guarded, in such a way that it h been easy to establish credit. Where grading and weighing are done under e authority, and checked so there little chance for error or dishon-} esty. We are not saying that there ig no chance for improvement in this system; to the contrary; it is the belief that improvements can and will be made. By doing away with duplication of effort in selling and distribution, waste can be eli- minated and savings affected for the producer, We need to study and in- troduce more efficient operation of country elevators. Transportatton can be simplified and _ perfected, thereby reducing freight charges. The use of waterways where avail- able and the digging of a Gre Lakes, St. Lawrence deep waterway should have our support. “Let jus bring about changes in our marketing system after careful ticians who are self-sceking. In fact, changes and improvements are con- stantly going on: “There is today 2 great need for the establishment of a course in ele yator management and elevator a counting, grain grading and the study of propagation of varieties of grain. Such a course should be es- tablished at our Agricultural C lege. Let our educational institutions in this state follow the example of the University of Washington, Let them make a study of the only cessful marketing organization ling farm products within the sta Help our organization perfect bet ter and more efficient handling me- thods; help create new uses for the products we handle; create and cul- tivate new markets for these pro- ducts and train young men for p tions in elevator management. We will pledge our co-operation to such an effort. “Qur legislators, both state and national, seemed to have gained the impression that the passing of -laws may be a cure for anyzeconomic 1ils we may be suffering from. They es- tablished bureaus and commissions and add additional burdens on. the ad of abolishing existing Bureaus and freeing business from the shackles of too heavy taxation. What we need is qualitative instead of quantitive legislation. The great English historian Buckle in his “His- tory of Civilization” said that for five hundred years all advance in legislation has been made by repeal- ing laws and we are heartily in ac- cord with this statement. “Just a few words as to the work performed by the association the past year . I will not go into detail as our secretary will give you a complete report of our activities. _ “Early last summer we helped in making a survey of the car needs for North Dakota. This information forwarded to the Ameri Association was used as a ba demands on ‘eastern roads for cars. These cars were furnished almost 100 percent where needed, In fact, the service given by the railroads was such that our terminals. were un- able to unload the grain fast enough. There was then established a termin- al committee; part of the North- west Regional Advisory Board. Mr. Lee, our secretary, was in charge at Grand Forks. The establishment of this Committee alone saved the uation. Without the work they pe: formed, we would have seen one of |the worst tieups of transportation we have ever experienced, together with a resulting disastrous break im the market. As it was, the flow of grain was not interrupted to any great extent, Prices were maintain- ed and terminals were enabled to function. Our Association does not take credit for this performance, but through the co-operation of our organization with other organizations and with the Northwest Regional Advisory Board, this happy. solution was brought about. Without an or- ganization such as ours, this would have been impossible and resultant losses to grain dealers would have been heavy. Perhaps only those close to the situation can comprehend ‘the far reaching effects a tieup of traffic would have had on the North- west, and I am sure that the grain dealers of this state owe a vote of thanks to the Northwest Regional Advisory Board and to our Associa- tion for the way in which the situa- tion was handled. “In November your secretary and myself attended the National Asso- ciation meeting at Omaha. Our 5 cretary will give you a detailed re- ‘port. of this meeting. ‘During the session of the state} legislature we had a commitlee in touch with the sitvation at all times, We failed to secure the passage of a warehouse law, but we expect to} put on a campaign of education in the state so we mv have the full co-operation of all farmers, produc- ers and grain men two years {rom mow in securing the passage of a Warehouse Act; an act that will be fair to all ihterests; safeguard ticket holderg and sanely gulate our | WANTED—Place on farm to work as housekeeper, by April ist, Call Mrs. M. G, Morant, Mandan, ‘N, D. z \ 3-24-2¢ | Jack Runyan, candidate for city commissioner, asks the “ ‘support of the voters at the City Election April 7 upon the pledge of lower taxes and ef- iclency and economy in the warehouses. It is just. as necessary to regulate our public warehouses | profitable one for the elevators o % lready over burdened citizenship, in-j and have adequate supervision over them as it is to examine our state banks at regular intervals. Fair re- gulation and supervision will be welcomed by the: operators and the owners. me “I would: suggest that we have a closer co-operation ‘between mana- re, directors and stockholders of e various elevators. . Such co- ration between ¢he manager and|° pe anager patrons -will eventually make, stronger local organizations and tend to head off interest in new and un- tried marketing agencies. In other words, the local elevators’ slogan should be “service to stockholders, patrons and to the community.” It should be the policy of every eleva- tor board to see that the business of the company is conducted in a business-like way. Grain, should be bought on a fair margin of profit. Profits should be carried into a re- serve fund until sufficient surplus is ‘built up so that the company may nance itself and_ be financially independent. Speculation in grain should be discouraged a_mer- chandising instead of a speculative business conducted. It is not neces- sary to maintain and operate eleva- s if you wish to speculate. ‘The sent fiscal year should prove a good crops were the most elevators had suf- ficient yolume to insure a profit if grain was properly handled. If you have competitors at your station, do not get the itea that you can put them out of business and handle all of the graim, Such policy some- times reacts with sad results. Buy your grain at a margin of profit or let your competitor handle it. If he handles enough grain at a Igss you will soon have easier competition. Watch the markets carefully; keep selling as you buy; keep expenses down to a minimum; clean your grain before shipping; tend to your own. busines 's} give serv you will have little to fear he outcome at the end of your year. On such a policy are uilt all successful elevator organi- this rule zations. “However, I wish to take this op my appreciation various committees. pleasure to work with all of you I am confident with the member: such as we have, with the support you always give the officers of our a ation, we can go i ervice to the members and to the urmers of this state. “A special word of commendation i hn Maddock for his vices at B of the Legi: hie, Ole Serumg Reed for their ser to Andre ard and es to the organ- ization during the year. During been the three mv pleasure to dent, I have been in close sonal touch with the secretary, A. Lee. To him is! due the growth of our organization. always working for the organi is well qualified for the job he hol and is giving the organization e ficient and loyal service. It has been|! a pleasure to work with him. “A few words in closing. We have in the years gone by performed a great constructive work for the grain trade of our state. Let us not rest on our honors but today pledge our- selves anew to the great unfinished task before us. Let us as individ onduct our business iness-like manner that we may have the support of the whole y. Let “Service”. be our The individual companies by their stockholders can, in a slogan. ‘backed thru their membership in the state organization, secure for the farmers of this state adequate warehouse laws and better marketing facilities.” Secretary P. A. Lee submitted h annual report. He said he pleased to report a year of achieve- ments which are unprecedented ers Grain Dealers Association 0: North Dakota has played an impor- no r ion in the history ilroad operation in North Dakota ge volume of grain dispatched to Grand ant part. He declared that in period of like du R iin Septembet, October and eens ovember, 1924, and’ this was, done! Grand Fork. N aeaIes without. a. single complaint of seri-| woTand Works, N. D. March 24. ous shortage. He a the existence of the Fai Dealers Association this one item alone. The secretary reported that officers of the organization takeh an active interest in the Farm- ers’ National Grain Dealers Asso ation and that the president and secretary attended the annual meet- ing of the association at Omaha. mers Grain One year ago, Mr. Lee reported, there were 355 members in the state association while this are 401 members. The fidelity bond department dis- year there closed 106 members carrying fidelity bonds through the association, and although 1924 was an off year warehouse bonds, nevertheless the association secured 31 additional bonds and the total amount of in- surance was $125,000, the showed. The secretary reported that twine sales chowed an improvement in 1924 over 1923. The employment department: is not sufficiently appreciated by the mem- bers, Mr. Lee, said. there were a number of applications for positions on file but the mem- bers do not notify the ‘secretary when they contemplate making changes. He reported that the officers have a few recommendations to make and urged action on them by the vention. He said the officers a full discussion on the pos That wonderful Quaker flavor is there Get QUICK QUAKER—cooks in 3 to 5 minutes H= ie the: great. adventure in quick breakfasts—a new Quaker Oats, - é before the coffee. It is called Quick Quaker., Look for the Quaker It’s rich and wonderful—supremely on the label luscious. For-.it hasall the fineflavor that won the world brand. — So now you can Statidard was in many ways, and in which the Farm- i f erred that is justified on the have for report He stated that 0 save quick beank- ‘fests with the’ flavor you “always found in your favorite “Quaker.” ‘delicious in all the world. ‘ * I, | Medium: 134 pounds, Large: 3 pownds,.7 om “THK DISIMATUM Tino wiva and advantage of having district mectings in various sections of the state just before threshing time, such meetings to be attended by directors and officers of the associ- ation and such meetings be educa- tional and constructive. é In the past the commissions earned from twin sales have been retained by the association because the organization was handicapped by a lack of funds, the secretary re- ported. He recommended that for the future the association cither drop further attempt to sell twine or else rebate to the purchaser a part of the commission earned. + In closing his report the secretary expressed appreciation for the val- uable assistance and cooperation of |his kelpers, the members of the ex- Jecutive board and the members at ilarge. He said he was espe reminded of the valuable help given during the last S| jlature by John R. Maddock, 0, jhe declared, served the association well during the on. The convention passed a resolution of tribute to the memory of Samuel W. Unkenholz, one of the founde of the Farmers Grain Dealers A sociation and its first’ secretary. + About 200 deleg: went to Wil- ‘ton on a special train this morning, |the guests of the Washburn Lignite | Coal Company, to inspect the Com- |pany’s mine at that place. ‘They re- turned carly this afternoon. The program for tomorrow 0 A. M.—Mu fol- Grainmen's Band. Appointment President. of Committees by B. L. Ewing, levator Com Manager, y, Doland, . Dak. Round table discussions. Larson, Secretary, Association Address, 0. I r, General Manager, | State and’ Elevator, rand Forks, N. Afternoon 1 M.—Music, Grainmei’s | , John N. Ha Weights , Supervis- &' Measures, , E. W. Feidler, Chairman, | Warchouse ( WILL HOLD — SPELLING Lisbon, N. ry contest: this and consolidated om county and the are to be held next urday in the spelling, declama- tion and essay work that has been in progress during the t several weeks, Miss Elfie Freeman, county superintendent announced. Liberty, Moore, Casey and McLeod will have their contests Thursday. Ft. Ransom, Buttzville, Owego and Aliceton students will spell, declaim and submit their essays Friday, as will Hanson, Englevale, Cleveland and Elliott. A. W. ,Cupler, address, the ‘argo attorney, is to students and their parents following the final contests Saturday night, and a musical pro- gram will be interspersed with the elocutions and contes Luther College f Prof. to Speak at Convocation When Professor N. W. YL Luther College, Decorah, Iowa at the weekly convocation University of North vi of Dakota {here next Thursday, he will be giving the principal address of a program that the has fveen conducted almost every week for nine years. Gottfried E. Hult, professor of classical languages at the state uni- versity, has been in charge of the convocation programs since there inovation on the. campus nearly a decade ago. In the nine years he has arranged for more than 275 pro- grams. He has brought before those who attend, Jent of many kin including all classes from the ama- teur which is found on the campus to the artists who have acquired world- wide fame. This regular meeting of the uni versity students and faculty grew out of the daily chapel session which previously was observed. At these chapel meetings announcements were made after the Bible had been read Mand hymns had been sung. The con- vocations have evolved from the chapel, through a need to bring available talent before the student body and because of’ the growth of the number of students, ‘Cook by Wire Instead of ‘by Fire. {tion furnace, of the large steel indus- tries, the conservation of coal, the of compressed air, how’ steel pipes and culverts are made, foun- dry work and the care and use of USE MOVIES 10 ILLUSTRATE ENGINEER WORK Contents of Pictures Varies From Driving Nail Heads to Construction of Ma- chinery Grand Forks, N. T March 24.— Few young people are required to attend movies. But North Dakota has a small group of young men whose attendance is demanded at a certain number of motion> picture shows cach year. They are at the state university here. Motion pictures are used extensive- ly by the engineering department of the state school to illustrate the dif- ferent phases of engineering work, according to Professor Hubert B. Sallec. During the first semester of every year a series of pictures is shown, replacing an hour of laboratory work. Freshmen are required to at- tend the showings and are held re- sponsible for them in examinations. The contents of the pictures vary from showing how to drive heads on nails to picturization of construc- of different machinery in the large factories throughout the coun ry. Scenes of construction of the blast drills are some of the most impor- tant. pictures, The different engineering ties socie- as the General Engineering So- of American Institute , also show pictur al value which are open to all who to see them, The pictures are shown in the Woodworth auditorium. A journey through the large Mes: aba Iron Range in northern Minne- sota, showing how the iron ore is mined and how it is hauled out of the mine was one of the _ pictures presented this year. Another one was of the test plant at Hebron, N. D., showing how lignite coal is com- pressed and cured and showing de- tails of the pressing machines. It gives an indication of the future of lignite commercial sset to North Prof. Sallee said. The compri machine shown in the picture w designed by Dean 1 J. Babcock, of the state university College of Engineering. STOCKHOLDERS PAY DEPOSITORS OF HATTON BANK Depositors of the Peoples Bank at Hatton, ‘Traill count: receiving from the office of L. R. Baird, general receiver, the first 100 per cent dividend in a closed bank in North Dakota, The payment is made possible through action of, stockholders in advancing funds in the hope that they may be reimburs- ed in the final windup of the affairs of the institution, Approximately paid to depos’ $70,000 being ors of the bank, which closed Oct, 1921. There were 175 stockholders in the institution, and stockholders voluntarily contributed funds enough to © reimburse- ment of depositors possible. Be- cause the bank ‘had been in exis- tence a comparatively short time it is possible that enough may be real- ized from assets to reimburse stock- holders, at least in part, after they have sacrificed their stock and part of the double liability against them. The stockholders, in raising the cash, made one of the conditions that the general receivership system continue to be used in liquidating the affairs of the bank. Credit for working out the method for reimbursing deposi- tors is given by Mr. Baird to O. L. Engen of Fargo, who was individual receiver for the bank and now has under his charge as district receiver. Another dividend of 30 percent has been paid to stockholders of the Peoples State bank of Leith, which also had been opened a compara- tively short time before it closed, A 20 percent and a 10 percent dividend is being followed by the 30 percent dividend, which in addition to the 10 percent dividend of the depositors guaranty fund commission, will give depostors of that) bank 70 percent of their money, with prospect of ob- taining more. Ano¥her dividend of 10 percent to depositors of the Se- curity State bank of Columbus is be- ing paid by the receiver through the guaranty fund commission. A vote for Harry Thomp- son April 7. means a vote for lower taxes, efficiency and to this famous arg urging—in’ Cooks perfectly in 3 to 5 minutes. “That’s quicker than toast. ‘It’s read; That.means Quaker flavor—the “hot oats and milk” breakfasts: doctors That means the superfine oats you ‘want—the finest grown, the most economy in City Government. 8 to 5 minutes, ‘Your Lge now fe re kinds of Quaker Oats—the have al- yaya known and Quick a WEB A spring array of all that is beautiful in Women’s and Misses’ frocks includes some of the most unusual styles yet shown. Satin Charmeuse, Luminettes, Flannels and Twills Materials are Canton Crepe, Printed Crepes, in such popular shades as Rust, Sandal- wood, Almond Green, Titian, Rosewood and Watermelon. Moderately priced at $| ie and up New Wraps Every new whim interpreted with marked individuality B BROTHERS “Merchandise of Merit Only” Chiffon - Hosiery The woman who is fashion right must have chiffon hose. The many new spring shades, such as Torea- dor, ‘Hoggar, Rachelle, Cheri and Nude are pleasing accessories to the new modes, $9.25 ‘We also ‘have the new Gun Metal Chiffon. in new Coats of Twill, Poiret Sheen, Deerona, Kashoni or Kyma; either plain or Fur Bordered. Colors are Dumbell. Sheik, Golden Oak, Rosewood, Agate and Filbert, and they’re shown in all sizes. Prices range from $ | 9-0 to $59.50 IMPORTED POTTERY Beautiful oriental pottery from Japan, makes lovely gifts or iprizes. Vase: designs. 50c and up. . Bowls, Cancie Sticks, Wall Vases and small Ferneries in clever PLAN TO ENLARGE ARMORY AT A. C. the college officers to use funds ob- tained from athletic events ticket sales to enlarge the present struc- ture. Prof. Walter Rolfe, of the ar- chitectural department is designing Fargo, plans for the enlarged buildings. Dakota’s e basketball} additions will probably be made to team of the state agricultural col-| the north and west sides of the lege here will probably play before] building, with the balconies and much larger crowds in their home games next season, as the result of plans being made at the college now for enlargement of the armory where the games are played. This year, and for some time past, seating conditions at the armory have been far from adequate, and main floor seating sections extended into these new portions, Plans for financing the pro- ject will probably be furthered with the arrival of I. J. Cortright, the new athletic department head and football coach who will replace Stan- ley F. Borleske. / A Y 2 [% vps NOW M Yom espa keebitooe > CONSTIPATION means WEAKNESS Constipation is practically universal among civilized hu- man beings. It #s a national curse causing inefficiency and physical unpreparedness. It causes disease, premature old age, leseens endurance and resistance, and many times fatal illness is directly traceable to its obnoxious results, The clear-eye, healthy look, vim, vigor and vitality can be had only when the bowels are free and are moving regularly. Dr. Caldwell’s SYRUP PEPSIN The Family Laxative —promptly relieves constipation. It is nota bittermedicine nor a griping, nauseating, un le physic. It isa pleasing liquid combination 6f Egyptian senna, pepsin and aromatics that Dr. Caldwell, with his long and extensive practice, found ¢ffective and:an aid to Nature in ing her proper functions when the bowels were mis- treated through improper. food, lack of exercise, and indif- ference to physical sanitation. $ Gently Restores The Bowels Health To dose. will gently case the i as Nature re the dose first athletic authorities are planning with] Cottage Cheese and all High Grade Dairy Products at the Modern Dairy. DRY CLEANING and ' DYEIN Hats Cleaned and Blocked Repairing Remodeling Pleating CITY" AND DYERS Phone 770 ~ CAPITOL THEATRE TONIGHT Virginia Valli WITH Percy Marmont, Marguerite Fischer, John Roche and a notable cast in a love-mys- tery romance from the fa- mous novel, “K—The Un- known” iby ——= Pathe Comedy