The Bismarck Tribune Newspaper, December 15, 1926, Page 2

PAGE TWO From The Monthly Bank Letter For December Issued By The !<ational City Bank of ue developments oi the past month have given further evidence of ions in the trend of, busi- ne! ‘The level of trade and indus- continues high, but the constant nt of high records, which ze business during the earl- s of the year, is no longer ing” feature of the situation. nsiderable comment has been €x- ted by the fact that statistical rec are not showing the usual au- | 13 and in some instances % returns not quite up to esponding figures for last year. | Le said at once that the | cord of the last quarter of last js a hard one to beat or equa nad that t i from ye ‘flected by weather conditions and fluences, with the result that ions between the same months nt years must be made with: Fluctuations occur in the rches of industry even sum of their activities te- i ed. Symptoms of de- have aroused apprehen- times in the past three t developing into any set- ance Ltability of Distributed Prosperity Pwo things chiefly have contributed +o the expansion of industry over the cars,—the making up of the rmal peace time growth that was a moderate decline from | n ¢ lines would have no great | By GEORGE BANK DEBITS IN 1925 Toston New York Philadelphia Cleveland Richmond. Atlanta. Chicago. St. Low Minneaptis Kansas City Dallas San Francisco All Districts. work they do for each other from da to day, and is as limitless as their wants, The pace at which they make headway in satisfying their own and each other's wants depends upon their ability to work together harmoniously, understanding all the time the cooper- ative character of their relations. The secret of continued prosperity is in a fair and even distribution of it, When- ever a group uitempts to get more than its share the entire flow is im- perilled. Holiday trade will dominate the re mainer of 1926, but the industries will enter 1927 under a strong momentum, with cautious optimisim, and with ab- down. Nobody has a right to expect that business will go continually at E; ROBERTS AND 1926 COMPARED Per Cent Per Cent Change Ast Change 4 10 Months Weeks ended Over 1925 Nov. 17 Over 1925 — 83 +5 — 26 08 —is + 0. 0.0 — 50 Hebel tetet Vaacvar oar GENERAL BUSINESS CONDITIONS THE BISMARCK New York been a great boon to the industry, and goods are now moving freely. Sree! Mille Active The sfeel industry continues to make a remarkably good showing, considering its through the summer. October pro- duction of steel ingots totaling 4,05,- 00 tons was the largest on cecord, and while production is now drop- large decline is anticipated. Whether or not the steel industry's hopes for sustained activity are to be realized depends in large measure tpon the course of events in the con struction industry. Building has been going ahead at a very rapid pace for sustained _ activity | ping off gradually, consumption i | most lines continues high, and ,no | ‘a long time, and it would surprise no one if operations should slacken off a it in 1927, but no very serious de- ine seems imminent. . Moreover, railway equipment inter- ests are confident of larger busines: table comparing the “bank debits” for the four weeks ended November 17 (cu and for the year to date in both 1925 and 1926, shows how the figures have been going by districts, and indicates that the losses have been fairly gen- eral throughout the country. It is significant, however, that they have been largest in the New York dis- trict, where the decreased activity of been the stock market has a factor, and in the Atlanta district, where the figures last year were ab- normally swelled by thé real estate boom in Florida. Contrasting with the bank clearings, railway traffic continues to break all'|big crop. It is realized that a large | solutely no danger of a sudden break- | records fast week of October the car loadings, for the season. During the numbering 1,216,432, broke all cecords for all time, while those for the first from the railroads during the com- ing year. More Cheerful About Cotton One month ago the low price of cotton was cothmonly named as the most depressing factor in the out- look for general business in the com- ing year. Reflection, however, has very much modified the first impres- sion as to the net influence of the offset to the unfavorable effect upon producers is to be found in cheaper cotton goods to consumers and more regular employment te the cottor TRIBUNE ‘New Treatment For Narcotic Addicts Is Described in Paper | New York, Dee. 15—4#)—A new \treatment for narcotic addiction, successful in seven months of tests in the municipal correctional hos. pital, is described today in the New | York Medical Journal and Record. Narcosan, discovered by A. S. Horo- ‘vitz, a Hungarian immigrant bio- chemist, is said to eliminate the usual craving for drugs during | treatment and to restore a patient to ‘ pre-narcotic condition within three | weeks. ‘The American Medical association, through its official Journal, paations | against use of the remedy until it jhas received a thorough trial under | “controlled conditions,” and until the | product shall have been considered py the council. The report says the treatment also ean be used in cases of over indu!- gence in aleohol and veronal. ‘Stockholders | in | Goodyear Company Win Opening Tilt | Akron, Ohio, Di 15—()—Stock- holders of the Goodyear Tire and | Rubber company won an opening skirmish’ in their efforts to oust the vo--ant omenagemert today, when Jadge- 8, D.. Kenfield, in common i cuurt, ferused to reopen the aural L, T. Weiss cases. | Judge Kenfield upheld contentions of stockholders the Weiss cases were settled in fact and not adjudicated hy the court. ‘The suit was to have the journal ntry corrected to show this. The Weiss suits attacked the Good- | year refinancing plan and sought to oust Dillon, Read and company and | their association from the control of | the Akron company. Today’s, decision, it was indicated, | will be used by the stockholders in | pressing other suits which have the common aim of ousting the present Goodyear management and returning Governor | | i} |convention Gov. During the last Democratic national | W. W. Brandon of | Alabama made himself the most con- WEDNESDAY DECEMBER 15, 1926 i fered an att ‘Mowing, a, sev Held | MISSISSIPPI '” SENATOR HAS “FARM AID BILL’ (Continued from page one) | weré a part of the old McNary-Hau- gn surplus control measure. Mr. jaugen remains silent on the new | 27. Proposal. | leanwhile Representative Purnell, | Republiean, Indiana, and. Fulme: | Democrat, South Carolina, who. were! with | requested by senate leaders to intro-| may | duee the new McNary bill in the house, are undecided as to their! | course, and have inditated they would | imake no move until Chairman Hau- gen has exp ed himself. | May Call on Dickinson j Should they continue to hesitate, | Representative Dickinson, Republic farm leader, will be asked to intr duce the bill. | Representative Aswell of Louisiana, | ranking Democrat on the agriculture committee, announced today he would oppose the McNary bill hecause it) would provide for the collection’ of an | equalization fee on basic farm ‘com- | modities with which to handle the | surplus problem. -" ~ | Meanwhile, Senator Harrison, Dem- ocrat, Mississippi, was out with a new agricultural bill today, proposing re- exile, during Vv tracted while *tramping grourds of Dotn House, kept to his bed his eldest son, : Frederick William, fade the trip from Germany to visit he former emperor will be 68 January Imitation jewels are in Paris where an artistic bracelet , imitation diamonds set in silver bring as much 29 $100. CODSccnan k of rheumatism fol- re cold which he con- about the ~ his place of wet weather. He was for several days, and former Crown Prince « him, selling well extarnalty te spicuous figure present by his never- | ending ery, “Twenty-four votes for Underwood. Now he and eight guests have been arrested on liquor possession charges. A__ sheriff's) posse raided a camp where the execu- tive and his friends were fishing. lief te the farmer through loans) ranging up to $1,200,000,000 to | handled: through the federal inter-| mediate fredit banks, and W. I. Drummond, a member of the farm congress which: recengly met in Kan- sas City, called on President Coolidge promoters who refuse their announced Saturday. George Leal made game between the | All deny the charges. Overabundance of | Football Is | For San Francisco San Francisco, Dee. r intentions are the mediums through whom ciscans will see plenty of football | team and the Haskell Indians. Cowen decided to promote a contest | with still another proposal for meet- ing the situation. ‘ | rummond said a bill would be in- trédueed soon to establish a federal farm surplus’ board, with a revolving fund of $100,000,000 which it would loan to cooperative farm organiza- tions forthe purpose of buying. sur- pluses in ‘non-perishable eommoditics for storage and disposal. L ‘A move by Representative Howard, Democrat, Nebraska, to have the house devote half its time until the Christmas adjournment to farm re-) lief was blocked today by Chairman | Snell of the rules committee. a Former Kaiser Has | Due 15—®)—Two to budge from | San Fran-! uns to hold a! lonolulu town M. S.| 25 ounces tor 257 ‘WHY PAY WAR PRICES? the wat, and a great in-|top speed, and none but marginal ed deal ‘ecient, ve has known for|the company control to the common |between two -professional case in industrial efficiency, which has produced a wider distribution of th here than anywhere else and 1 to the mass of the people a ig power greater than that of any other country. While the impetus de- rived from the first may be losing its force, that derived from the sec- ond is inexhaustible so long as all jes who have contributed to that eiiciency continue to do so and to ¢o- operate reasonably well to that end. ‘The wants of the American people ure no nearer to being satisfied now than they were a year ago or five years ago, nor is there the slightest prospect that they will be satisfied in the near future. The buying power of the American people exists in the 4 cams CE speculators oi the most reckless type make calculations upon its doing so. On the other hand, when the general course Of business has been clearly along conservative lines as has been the case since 1920 there is reason for confidence that any decline will be of a moderate and temporary character. Bank checks drawn and cashed throughout the country comprise per- haps the best known index of the trade volume, and these have lately tended to fall below 1925 levels, after ja record of practically unbroken gains lin previous mont The above two weeks of November, though under | good industry than it the seasonal peak, were 6 per cent | numiber of years. Furthermore, as greater than those in the eorrespond- the South has taken stock of its pos- ing period a year ago. Featuring the sessions it has found that while cot- figures were the heavy loadings of |ton is still one of its great assets coal which in the week of November |it is relatively much less important 20 broke all records for one week, | shan formerly. The fruit and truck ‘and the continued heavy movement of |crops have been increasing merchandise and miscellaneous freight | importance, and peanuts, pecans, poul- which includes manufactured prod- |try, pigs, tobacco and dairy products ucts and therefore reflects the activ- |likewise. So much for agriculture, ity of industry. and th> manufacturing . industries ‘Active spindles in the cotton indus- | have become a great factor in the fin- try on October 1, aggregating 98.9 ancial independence of the States east per cent Of capacity, showed a slight of the Mississippi. In and increase over those active September | North Carolina cotton has been re- 1, and indicated the industry to be |legated to a relatively small. position operating at close to single shift .ap- in the so great | acity. The low price ef cotton has ! been the development in other lines. 205'3 Fourth street north- E. Reko will be assist- i from the | A. Paxton Langer | west. 3 ant hostes: brought a roar of laughter courtroom when William ; howed him a bottle and asked him f it were the same bottle that he has OP ac ag 4 seen at the Pahaininen place. C.F. IS COUNTY CHAIRMAN hat) | stockholders. } | Xmas Liquors to Be Scarce, Avers Prohibition Head | Washington, Dec. 15—(4)—Import jed liquors for Christmas will be searce, if Lincoln C. Andrews, com- mandér in chief of the government prohibition forces, has been correctly informed, and ifurthermore, if he has his way, “under cover” enzorce- ment agents will retain the safe- guards to secrecy recently denied by the house. After a canvass of his sources of information, he has concluded that the smugglers are not doing much to cheer up the bootleggers and their clients for no trace of historic “rum row,” is reported. Meanwhile, the senate appropria- tions committee has gladdened the heart of the enforcement chief by in| eleven from this district. draw from the picture and each has | made Valentino Goods throng of men and women from the middle walk of life, strangely out of harmony with the glittering array | before yeaterday with a scattering of film | for the per Valentina, that dispose of the worldly goods. an ‘Influenza Cold’ Dorn, Holland, Dee. 15 Former Kaiser William of was confined to his bed today with what was described as an “influenta cold.” squads, | ~ featuring the Duluth Eskimos, cap- tained by Ernie Nevers, and a’ picked | ‘Both told | the world about it and then dis-| covered they had each selected the same Saturday. Now each wants the other to with- | The ex-kaiser three weeks ago suf- ——,. Littl the same reply — “nothing | doing.” le Joe | ePA UAT HAPPENS To THe SMART KID IS OFTEN WHAT MAKES HUA Go Under Gavel Hollywood, Calif., Dec. 15—)—A them. matched. bids here | professional men and_ tourists | nal t: ures of Rudolph symbols of the luxury ‘as his, in an auction sale to late screen star's From the moment the ‘auctioneer Guaranteed Pure DR. R. S. ENGE Chiropractor Examination Free Lucas Bik. Bismarck, DIAMONDS Real Bargains in 46% at $210.00 Kelsch, state's attorney, objected to| Archie Olson of this city, student the introduction of the bottle on the | at the University of North Dakota, | Eround that the contents had not has been selected as MortoM county been identifi chairman in a drive to aequaint the! . ax "Well, w with its university during the vat Aditi bepoarerarpeal ber istmas vacation, for the activities of the prohibition | i junit's “under cover” men, which wa: would have provided monetary sup-!bottle to Ole, he id: you i LEE et e ULASS TROPHY eb nea ecco le, ‘he said: tard let CATHOLIC DAUGHTERS TO MEET |€liminated in the house. ‘Decision to hold the fair was made|us Know if it was the same stuff The Catholic Daughters of America Paar) ° | at the reguiar meeting of the mem-!you drank down there?” Plaintiff Is Given bers of the Morton County Fi “Sure d , complying with casing one of his most pressing ap- prehensions, It has reinserted in the treasury-postoffice supply bil | a provision to appropriate $500,000 | took his place on the platform. until | darkness halted the sale, the Liddin: was spirited. | Man da n Ne Ws Adolphe Menjou, one of the picture 39 at 1 69 00 | WeA!7 tars recognized at the sale, was! bs JAMES W. MAREK he only purchaser for the film First Guaranty Bank Bldg. i ‘olony. He paid $390 for an antique cabinet and $1,750 for a Spanish! Bismarck North Dakota carved screen. of the county repud: sure at the recent el will meet this evening at 7:30 in the| chool auditorium. A good attend- ance is desired as important business will be transacted. LEAVE FOR FLORIDA | Mr. and Mrs. Peter Berg left last Verdict For $1,000 Doe. 15—(P)—A quest by tilting the bottle to ips and a long swallow. | “That will be all, I think,” said) n last evening and a comr take charge of | hi for the propos- tee form Jamestown, N. D., for the drink, verdict for the plaintiff for $1,000 WON BY SOPHS Mandan Freshmen Lose By 19 to 4 Score—Braves Pre- paring For Linton Game Possession of the interelass trophy, rded the winner of the basketball s at Mandan high school, has n given to the sophomores after they won a playe me from the jreshin , yesterday after- noon. Huff and McDonald proved to be soph stars, Huff making two field goals and a free throw and McDon- uld one field id three free throws. — Bruci dF, Heidt di- y » frosh, each mak- two points. ‘The sophs got inte soon after the game started and maintained a steady lead all the way through. The freshmen were unable to penetrate the soph defense and thes only’ field, goal came from far hack on the floor. T FG Hutt (f) ; 2 Stephens (f) . 0 Wa 3 whens oe SERULE Russell. read Dietrich TOT Brucker (f) Bender (£) ¥. Heidt Wetzstein ‘Toman Boehm ... RAVES PREPARING FOR LINTON GAME With the game with Linton only a night away, the Mandan Braves are having intensive workou! tion for the encounter. Linton has tically veteran team and_ will the Braves a good deal of op- position. Linton will probably defensive game and it s proves as good in basketball it did in football the ,Braves will have to content themsalves with long shots for their counters. : Probabilities are that the same lineup will be started this game ns in the Carson gam i anticipating a repetition of Heidt’s brilliant work when he goes on the floor, tomorrow night aghinst the - rangy Linton men. Seitz and Borresen are also prob- fhilities in the starting Ii and if they give a& good accounts of vaemselves in this game = y did in the Carson game, should “help the big ea lay a strong fits defense their stride} \ : Mr. Kel: left in treasury, Secretary A. 4 at’ the nee Beside the d on of the sew other bus. itters were The pri s unanimously reelected. the associ W. Furne: OLE OLSON IS WITNESS FOR PROSECUTION | Man Testify ein Korsvick Case Proves Self Another ‘Willie Stevens’ in rs a himself to be the evens” of the trial, although, un- jlike Willie in the Hall-Mills case, he |failed to confound attorneys |his keen thinking. Ole was called on the stand shortly after court opened for the afternoon and during his lengthy cross-examin- ation brought a roar of laughter from spectators in the courtroom several times. Called as a witness for the prose- cution, Ole told how he had been asked by Mrs. Mary Lou Hutton, also of Bismarck, to drive a party of four 0 a place which she described as the Finn’s.” He stated that he complied with her request and then itold of the events occurring at the Pahaininen cabin. Tells What Happened Ole stated that the party was at | Pahaininens’ place for about three- in prepara- | quarters of an hour before any drinks | |were passed and then told how Joe Korsvick and Thomas Patten, an- other member of the party, had a |lfist fight. He declared that ‘he then |left and, returning in 10 minutes, ifound Pahaininen alone. When he \deft a few minutes later, taking a ‘gun at Pahaininen’s request, he met | Mrs. Hutton and Mrs. Amos Casey | olttside the shack and, in their com- | pany, walked to Schmidt, where they |remained in a store over night, re- turning at 7 o'clock the next morn- ._ They returned to |. When William Langer, defense at- torney, began cross-examination of |Qlson ‘in an effort to disprove his | eredibilit; he said |to Olson, it le ago you itold Mr. Kelsch you just tasted the liquor ‘they were passing around here, but néw you say you drank lasses.” I call that tasting it,” the questioning, the fact was brought out that Puhaininen was make | roasti some meat when the party [S"SWhatvdid he do with the meat?” asked. Mr. Langer. “Made sandwiches of it,” Gle re- ” "t got hit just as to take one,” answered Ole. Gets Free Drink final appearance on the stand Ole, addres the court and then retired to t Mrs. Amos Casey followed Olson on ‘the stand and told practically the | same story regat in the afternoon was Mrs. ou Hutton, who corroborate sey’s and Olson’s story. |“ Denial that they had planned the trip so that they might “roll” Patton | d get his money, was made by both men and both denied emphatically at th | in this fashion before. Thomas stand when court mony was expected to take all day. |""Patton testified that a fist figh jensued while he was at Pahaininen' place, during which three men were \knocked unconscious. He said he jand Korsvick then left the place nd returned about two hours later, when Korsvick announced his in- {tention of “beating up” Pahaininen. 1 “Let's go away, we don't want any more trouble,” Patton id he told Korsvick, who replied, “No, I'm go- ing in.” ' Patton said he later heard Korsvick and then heard the gun. He turned and saw Pahaininen lying on the ground, bleeding, he. testified, after which he said Korsvick yelled, “Come baek, for God's sake, I've shot him.” Physical Education Demonstration Will g the trip to the rd of di-| place and other incidents. The final y had ever obtained money Patton was first on the reconvened at 9 o'clock this morning and his testi- say “Stop or I’ shoot” evening for West Palm Beach, Fla, where Mrs. Berg will spend the win- ter. Mr. Berg will return in about i six weeks. RETURNS TO DETROIT James West has gone to Detroit, Mich., where he is employed in the Studebaker automobile factory. He has been visiting his parents, Mr. and Mrs. L. J. West of Sweet Briar. REBEKAH MEETING There will be a meeting of Re- bekahs this evening at 7:30 in the Rowe hall. Woman’s Suicide Leads to Reunion of Cab Man, Wife New York, Dec. 15—()—A taxicab driver arid ‘his wife, separated five years, were reunited today through the suicidal leap of an unidentified women whom he at first had believed was his wife. ‘Phe woman plunged 115 feet to her death yesterday afternoon from the Riverside Drive Viaduct, falling al- most at the feet of the taxj driver, Joseph Kipchak, who had his stand near the Fort Lee ferry. When her face was turned upward, Kipehak identified her as his wife, Margaret, and collapsed. He ordered the body removed to an undertaking establishment and orders for an elaborate funeral. Be Presented Tonight fie'tnen went to tell friends and rela: | A demonstration of the work | Mandan high school and grade school students in the physical education department will be graphically shown at a demonstration tonight in the high school gymnasiam. | Special work will not be om the! program, which is solely for the pur- pose of showing the every day work | accomplished by the classe | The general public is invited to at- tend the demonstration, which is free. Personal and Social News of | GOES TO NEBRASKA |, Robert Wilscn of the Great Plains Experimental left Monday evening for Neb., where he wil] address a meet- ing of farmers of that vicinit; subject of “Shelter Belts Farm.” Mr. Wilson goes to Chadron Station —_—_—amanXaen| Northern | Chadron, on the flor the ives of the tragedy, but was inform. \ed he must be mistaken as his wife of | was said to be living in Yonkers. He | went to the address given, found his wife and remorse caused by the sup- | ae tragedy led to a reconciliation. ! Kipehak tgld the police of the mis- | taken identity, the funeral plans were cancelled and the body of tte suicide | was taken to the city morgue. |? Doings in Congress” n \| Doings in Congress | aa (By the Associated Pess) Carryinng a total of $259,400,000, the annual interior department ap- propriation bill was passed by the house today and sent to the senate. # , The Interstate Commerce Commis- yn today refused to disturb its de- jion of last November, which which the Fort Worth & ~ Denver: Plains railroad, a subsidiary of the Burling- ton, was given the right to construct 200 miles of new railroads in the Texas Panhandle. - | be pasa Organization of senate “wets,” for upon the invitation of Professor Wer- ner, formerly with the North Dakota | Agricultural College, who is now lo- cated in western Nebraska. PARENTS OF SON \,,Mr and Mrs. Karl Ericson of Jamestown announce the birth of a | son Sunday, December 12. Mr. | Mrs..Erieson are former resideats of Mandap. Mr. Erieson was, formerly eoach at the Mandan high school and is now with the Jamestown college. AID MEETING The Ladies 80- city Sh oer at 3 o'clock at the h the first time since the passage cf the prohibition act, was undertaken today by Senator Edge, Republican, of New Jersey, with an invitation to i 20 members to attend a conference. Chatrman Smoot of the senate fi- saaee committee gelent Bea: revet- in leaders today in ing a relief legislation at & this aeation Fr senate dema urged tl spaintatration to put through a bill, was awarded by the jury in ‘the Muller-Gochring damage suit after being out slightly more than five hours yesterday afternoon, Valentine Muller had sued his brother-in-law, Jacob Goehring, for $13,200 alleging that amount due for material and punitive damages be- cnuseef an injury from a blow on the head. The jury award was for material damages only, for which $10,200 was asked in phe suit. White Is Acquitted of Robbery Charge Charles White, charged with hav- ing robbed George Vass of $282 at a local hotel some time ago, was found not guilty by a jury in district court here yesterday. The jury was out only a short time, W. C. Gehrke, Baldwin merchant, who entered a plea of not guilty to a charge of having snuff in his pos- session when arraigned, changed his plea to one of guilty this morning and was fined $500 and costs of $75. The court suspended the fine, how- ever, upon payment of the cost: Trial of the state’s case against “Buck” Garrison and Beatrice Heath, charged with adultery, was begun this morning and was still in progess ‘at press time. - [Justice Court t Phillip Ackerman of Still was bound over to the district court by Justice of the Peace R. H. Crane to- day on a charge of engaging in the liquor traffic. In default of bonds of $1,000 he was put in the custody of the sheriff. | NEWSBRIEFS | —< OO Akron, Ohio, Dec, 15—P)— The Goodyear Tire and Rubber company has hased a 20- factory site near Sydney, A tralia, and will start construction | of a modern tire f: to be in | production by December, 1927, | it was announced today. The new Australian faetory will have a rst, of 1,000 tires and. tubes daily. | | Clear Lake, 8. D,, Dec. 15—) county farmer | am estrangement et eS i} Announcing the opening of Hotel Prince and Cafe at Bismarék, N. D. December 15, 1926 , The _ Arthur: J. Kredler Manager FIREPROOF SAMPLE ROOMS \ BATHS RATES $1.50 UP