The Bismarck Tribune Newspaper, September 21, 1927, Page 3

WEDNESDAY, SEPTEMBER 21, 1927 | GRAIN LIVESTOCK CORN, WHEAT LOWER TODAY Reports Indicate That Pre- dicted Frost Was Not as Se- vere as Expected Chicago, Sept, 21.—(?)—Despite late reports of more frost than at| first reported today, the corn mar- ket showed itself unable to rally much from a sharp early setback. Throughout the day, because of lack of evidence of any great damage by frost, general selling was in evidence and country offerings of corn to ar- rive were larger, wheat, oats and provisions were also weak, sym- pathizing with corn, Corn closed nervous 3 1-4 to 5 1-2 cents net lower; wheat 1 1-2 cents to 2 cents down; oats 1-2 to 7-8 cents off and provisions at 10 to 37 cents declin: Ageressi added to market toda: taking the pi quantity is cone made, and cannot y except to a relatively small extent. Wheat tended down grade not only on account of corn weakness but also as a result of decidedly lower Liverpool quotatio. Favorable weather in Canada Argentina was reported and buyers at times were scarce, with overnight demand from Europe apparently at a mini- mum, WHEAT AND OAT FUTURES DECLINE AT MINNEAPOLIS Minneapolis, Sept. 21.— (AP) — Reports that frost was not as wide- spread as expected brought consid- erable pressure on grain futures to- day. Wheat futures declined 11% to 2 cents. Oats futures were off % to % cents. Other grains followed the de- cline, particularly flaxseed, which broke 5@5% cents on the rains in the Argentine. Rye futures were down 1@1%% cent and barley de- clined 14%@1% cent. Demand for all wheat was good today, particularly for high protein quality. Some fancy grades were 1@2 cents higher compared with the futures. ‘toward the end of the session, lower protein quality turned draggy and easy, but most of the sales were little changed in compar- ative prices. Durum was unchanged. Winter wheat was nominally un- changed. Corn demand was good for yellow quality. Oats were in good demand. Quiet to fair demand was shown in rye trading. Barley was strong one cent higher and in good demand at 65@75 cents. Flaxsced demand was | fair to good. STOCK MARKET IS IRREGULAR Low Priced Shares Attract; Bulk of Buying—Weakness Occurs in Others speculative _ selling tement in the corn jome trade leaders ion that so far as New York, Sept. 21.—(?)—Low! riced shares attracted the bulk of buying in today’s stock market. The absorption was especially targe in _certa’n of the rubbers, public utility, motion picture, oil, packing and chemical ssues. i With an evident dispositio. mani- fest to veer away om. many high priced stocks whi have recently undergone convuls ve fluctations, traders were .ager to follow leads into new fields when signs of con- verted buying begau to a, ear. The movement of prices, however, was not altogether upward. Inter- vals of weakness occurred in some of the motors, International Har- vester, Du Peni, Baldwin, Allicd Chemical, Texas Gulf Sulphur, Gen- eral Railway Signal, Americen Smelting and some other stocks which comamanc a big speculative following. The ciosing was firm. Confidence in speculative quarters temporarily was restored.» General Motors failed o hold at its best level, meetin considerable fresh selling again. Continued accumulation of the rub- bers, notably Goodyear, which ad- vanced five points to a new top for the year and purchases of such specialties as Park and ‘ilford, Otis Elevator, Dunhill, Abraham and Strauss, National Distillers which improved two to five points featured late trading. Total sales approxi- mated 2,250,000 shares. CHICAGO LIVESTOCK Chicago, Sept. 21.—(#)—(U. S. D. of A.)—Hogs 17,000; generally 15 to 25 cents lower than Tuesday; top 11.50; bulk desirable 170 to 225 pounds 10.75 to 11.40; 260 to 300 pound averages 10.60 to 11.10; best lightweights 10.00 or better; most pigs 8.00 to 9.00; heavyweight hogs 10.10 to 11.25; light 10.50 to 11.40; packing sows 9.00 to 10.00. Cattle 10,000; few loads of prime heavy’ steers strong to higher; all others slow, steady to weak; she stock 10 to 15 cents higher; bulls 15 to 25 cents higher; 1110 pounds 2 strictly choice Missouri steers 16.10; best yearlings early 15.85; some held aioe 16,00; most vealers 16.50 to Sheep 20,000; fat lambs active, 25 cents higher than Tuesday; bulk na- tive lambs lesty sorted 13.50 to 18.75; culls 10.00 to 10.50 mostly; choice westerns held above 14.50; 6.50 scarce; fe lambs steady; bulk desirable kinds 13.00 to 18,75. CHICAGO POULTRY Chicago, Sept. 21—(AP)—Poultry alive steady; receipts 4 cars; prices unchanged. uM 4 bers sheep steady; lightweight eligible to Dats No. 2 white 10%@51%; No. | true quo MINNEAPOLIS FLOUR Mixnsapolls Sept. 21.—(@)—Flour Le . shipments 64,991 bar- 8. Bran 25.00 to 25.50, CHICAGO PRODUCE |MARKETS 'y Associated Press Leased Wire FINANCIAL NEWS Wheai— Sept. Dec. Marck Corn— Sept. Dec, March Oats— Sept. Dec. March 95% 976 Close Yesterday CHICAGO GRAIN TABLE Sept. 2: Close 1.35% 1.385, @% TAY BY 99% 1005 12.62 12.67 13.15 12.10 12.10 14.47 14.47 14.20 14.20 13.57 13.65 13.05 16.37 15.85 MINNEAPOLIS RANGE Sepu. 21 Wheat— Open High Low Sept. Dec. March 1.24% 1.25 ‘91 45 March Flax— 2 2.19 2.21 ‘11% Dee, 1.28% 1.28% 131% 1.31% 89% 45% AT% 1% DULUTH RA} 1.241% 1.27% 1.30% 89% 90% AWM 45% ATS 10% ANGE Sept. 21 Open Hig! Durum— h Low & 1.20% 1.1¢ % 1.20% 1.19% 93 934 2.23% 2.24 2.25% 19 1.19% 92% 92% 2.2042 2.20% 2.20% 2.20% 2.2112 2.21% MINNEAPOLIS CASH CLOSE Minneapolis, Sept. 21, — (®) — Wheat receipts today 745 compared to 293 a year ago. Minneapolis cash wheat and coarse grain closing quo- tations today follow: 1 hard spring, fancy Montana . To arrive . 1 DNS, fancy Mont. To arrive ... 1 hard spring. To arrive .... 1 DNS, gd to fans; To arrive .... 1 DNS, ch to fancy.. 1 DNS, gd to choice 1 DNS, ord to yood.. 1 dark northern. To arrive .. 1 northern . To arrive .. 2 DNS, ch +o faney. 2 DNS, gd to choice. 2 DNS, ord to good. 2 northern ........ 3 DNS, ch to fancy 3 DNS, gd to choice. 3 DNS, ord to good. . 3 northern 5 1 dark hard (Mo To arrive .. 1 hard (Mont.) To arrive .. Minn, & SD, hard .... To arrive Minn. & SD, To arrive ........ Fey’ 1 amber durum To arrive ...... o Fey 2 amber durum 1 amber durum To arrive To arrive 3 mixed corn To arrive . 4 mixed corn. To arrive 5 mixed corn.. 6 mixed corn.. 2 white oats. 3 white oats. oO tees Barley, med to To arrive o. ee oe Barley, lower grads To arrive . No. T + 124%. @1 + 1.24% @1:38% + 125% @1.36% » 1.24% @1.36% ves 1.23% @1.28% + 1.23% @1.28% retovotetetetetet 1, a5 1 1 1, 1, 26% @1.36% 1.26% @2.35% 1.36% @1.41% 1.31% @1.34% 1.27% @1.31% 127%@ ... 1.26% @1.381% 1.24% 245% @ ... 1.34% @1.88% 1.29% @1.32% 1.2 1.26% 1.25% 38% 23% @1.28% 3% @1.28% % @1.435 %@1.41% to anaaee OOS @1.29% aaa : rg 8 AT% 46 CHICAGO GRAIN Chicago, Sept. 21.—(7)—Wheat |of compensation jo. 2 hard 129" Jansonius Corn No. 3 mixec 95; No. 2 yel- {commission or a 3 white 45%4@47. Rye, Not quoted. Barley 73@84. Timothy seed 2.60, ot seed 18,00@: Ri . Bellies 14.62. 35. .00. 80. ST. PAUL LIVESTOCK Sout (U. 8. D. of tive, stro: 25 we ter price Pp Year Ago Open Close 2% @1.47% | S. D. @142% 1.25% | 138% @1.23%% 1 —Today— ij High 1.26% 1.29% 1.33% 37 1.00 1.02 —Today— Low Close 1.24% = 1.25% 1.28% 1.29% @% 1.31% 1.32% % 95 en 87% 98 1.00% _ 1.00% @1.01 46% 46 A6% AT% 48% @%@% 50 50% 14.42 14.30 er; early top 11.00 for closely sorted lights; packers bidding mostly 10.00 @10.75 for butcher and bacon hogs; average cost Tuesday 10.26; weight 230, Sheep 5,500; lambs 25 cents high- er; bulk better grades 1.20@1.35; sheep fully steady; fat ewes mostly 4.50@6.00. BISMARCK GRAIN (Furnished by Russell-Miller Co.) Bismarck, Sept. 21 No, 1 dark northern No. 1 northern .. No, 1 amber durum .. No, 1 mixed durum No, 1 red. durum No. 1 flax . No, 2 flax No. 1 rye Barley Oats ....e0006 Speltz, per_cwt. SHELL No. 3, 56 Ibs. or more . No. 4, 55 lbs. No. 5. per pi der 55 1b. ear corn, 70 Ibs.. five cents under shell. Hard winter wheat ......--..$1.07 Dark nard winter wheat ...... 1.06 : POTATOES Chicago, Sept. 21.— (AP) — Po- tatoes: Receipts 116 cars; on track 853; total United States shipments 765 cars; trading fair, market strong; Wisconsin sacked round whites 1.75@2.00 according to qual- ity and condition; Minnesota sacked round whites 1.50@1.75; sacked red river Ohios 1.50@1.70; Idaho sacked rurals 2.50@2.60, Minneapolis, Sept. 21.—%)—(U. Ss. of A.)—otatoes: Good wire inquiry; demand light, market firm. Early Ohios, United States No. 1, and partly graded 1.25; sacked hun- dredweight, round whites U. S. No. 1, 1.35@1.45; mostly 1.35 to 1.40, FARGO LIVESTOCK Fargo, Sept. 21.—(7)—Hogs, 150 to 180 pounds 9.50@10.25; 180 to 200 pounds 9.75@10.75; 200 to 225 pounds 9.00@10.00; 250 to 300 pounds 8.75@9.75; 9.00; stags 7.00@8.7: Sheep top spring lambs trimmed 12.50@13.00; top spring lamb bucks .50@12.00: spring lambs 9.50@10.50; cull lambs 8.00@9.00; light ewes 5.00@6.00; hea ewes 3.50@4.50; cull ewes 1.00@3.00; bucks 3,00@3.50. AUDIT BOARD ORDERED TO PAY GAMMONS (C ntinued from page one) $15,000 was drawn on this fund in , 1919 and 1920. The rest of the $200,- 000 except the $13,137.58 still re- maining was drawn between between January 1, 1921, and June 30, 1027.” Applying a decision of the su- rel Joseph Coghlan versus D. C. Poindexter et al, Judge Jansonius ruled that the appropriation of 1919 still stands to the credit of the- in- dustrial commission. decision reads in part: “Repeals by implication are not favored. It isa reasonable presumption that all laws are passed with knowledge of those already existing and that the legis- lature does not intend to repeal a statute without so declaring.” On the question of whether a war- rant can be drawn on this fund with- out the approval of the Judge Jansonius said: “I lature intended that onl; an should pe | paid pee i ee appropriation as have ap- roval of the industrial commission, ut whether the approval of the bills constitutes such business as may be by a quorum, or whe! that re- eo 7.00@ |" ~|P. Mm. preme court in the case of State ex | 3:08:06, d | here. TWO PLANES REMAIN HERE |‘ OVER NIGHT (Continue: from page one) m., Kenneth R. Unger, flying plane No. 5', a Travelair plane from Mad ison, N. J., hopped off and head west. He had landed on the fi at 6:48 p. m. exactly Tuesday even- ing. in the space of a minute, were four planes, between 7:49 and 7:50 this morning. First + land was J. Bb. Sidowsky, piloting plane No. 54, Coffeyville, Kan., who taxied onto| - the field at ly 7:49 and wi: took off at 7:5 came A. L'tzenberger, flying a Wa 10 plane, No. 44 in the derby. Litzen- berger from Erie, Pa. left at 7:59:02. Third, and just five sec- onds behind Litzenberger, was A. W Stephenson, flying plane No. 4 Dillon, Mont., who landedéat 7:4! and left at 7:58:40. Then, just five seconds behind Stephenson was an- other Montanan, C. B. McMahan of Miles City, Mont., flying plane No.| Makes Up Lost Time Litzenberger had left 5:31 a. m., McMahan at phenson at 5:33 and Sido 5:43:30, minute disadvantage, made up lost time between Fargo and Bis marck. Gerald Smith flying plane No. 42,) / an Eaglerock, landed at the fort field at 9:12:02 and was out again at 9:27:44. He arrived in Fargo at} 6:52:50 and left at 7:01:05 today. He had spent the night in Clitherall, where he was forced to land at 5:30 p. m. on account of trouble with} a water pipe, which had bothered | him during the entire trip. He left Clitherall at 5:55 a.m. % R. J. Johnson of Missoula, flying plane No. 43, a Swallow, left Fargo at 5:30 a, m. but was forced down} w at Jamestown with a broken oil pipe | Co and did not hop off there until; 8:45 a, m. He has no hope o: reaching Spokane today, but does | p: hope to reach Billings or Missoula, | his home town. Th is his second | force-down, the first being two) hours Tuesday at La Crosse, Wis.} He was first away at Fargo this | morning and made 70 miles before | s trouble forced him down. Johnson, piloting plane No, landed at 9:59:02 and left 10:10:51, R._E. Dake of Hibbing, en’ No. 55 in the derby, left St. P: at 7:36:48 a, m. and was followed at | 8:12:40 a. m. by M. H. McMechanj of Yakima, Wash., No. 52. Dake reached Bismar: this afternoon and left at 2: Roberts On Way Pilot V. L. Roberts of Fargo, forced down by darkness on the edge of St. Paul Monday night, reached the St. Paul airport early today Unatte to get a new motor for his plane from Detroit promptly, Rob erts decided to continue and left} St. Paul for Fargo at 9:52:56 a. m./} in his entry No. 37. Unger, piloting a Travelair plane.) had one-of the most dramatic trip: o1 any of the pilots, from St. Pau west. Arriving in Fargo at 4:24:4 p. m., he swooped down on the field and was clocked in by the ofiicial time, shut off his engine for but three minutes before he began pre- pering to depart again. seconds, it seemed that the 4 limit on departure would hold Ung overnight, but h. got going in time to leave the ground at 4:29:45, five} minutes exactly after he landed and | just 15 seconds inside the 4:39 limit. Between Fargo and ar Unger spurted. Just 20 minutes an 10 seconds behind Jack Ashcraft’ “Spirit of Ammonia” when he left) Fargo, he made up that lost time| the flight here, After the planes of C. W. Meyers and Leslie Miller landed at the ld Tuesday afternoon, spectators had a long wait until Plane No. 32, piloted by James = S. Charles Richmond, Va., landed at Charles took off at 5:01:39. He said a broken gas_pipe had delayed him at Fargo. He took off from Fargo at 2:39:25, having land- ed at 2:12 p.m. Plane No. 50, piloted by W. H. Emery, Jr., Bradford, Pa., landed at 5:08:10 and left at 5:15:45. He had hopped otf from Fargo at 2:44:35, Plane No. 60 arrived at exactly 5:15 p. m, and left at 5:23:35. It was piloted by E. G. Knapp of Ypsilanti, Mic’ He ‘fed left Fargo at 2:49:45. Plane No. 49, piloted by Eugene Det- mer of Tarrytown, N. Y., arrived at 5:22:20 p. m. and left at 5:28:24, naving hopped off from F > at hi at k f m P “The best service of any point along the route,” was the comment of derby aviators at the speed with which their planes were refueled Most of the flyers had thought that Cleveland, where one plane was serviced in four minutes and 20 seconds, held the service rec- ord, but at Bismarck one plane was serviced in three minutes and 20 sec- onds; and a number of others from three minutes and 24 seconds to three minutes and 30 seconds. Credit for the speed at which planes were serviced was given the oil companies on the field and to 0. W. Roberts and his assistants, in charge of the derby at this point, who kept things running smoothly. Cars were lined all the way along the roads fronting on the field, and many hundreds of aviation fans watched the planes arrive and de- part. An. impromptu “hot dog” stand, started by several Standard Oil company employes, did a rush- ig, bes aes : Standard Oil company had five trucks and 22 men on the field, while the Texas Oil company had two and nine men. Of-the Standard Oil men, nine were from Per-| Bismarck, six from Minot, and the said may fix it seems it th St. 21.—(AP)— Pa Se Gh cents higher on rest were recruited from Linton, Mandan, Dickinson, Towner, Bath- gate and other points in this end of the state. Non-Racing Planes Land Excitement was caused at the field a few minutes before Meyers landed when an all metal Hamilton plane landed, spectators thinking it the — == For best results ship Your Grain to— McCarthy Bros. Co. Established 1885 GRAIN COMMISSION MERCHANTS MINNEAPOLIS — DULUTH Roaring down out of the air, all} 1" Sidowsky, though at a 10/ B lo i \ were Pilot when hi 43,) jus 1 AVIATION I come in at plane No. For a few| landed here CK TRIBUNE ity planes. In ‘te A roe Wilham r, pilot; relief thtrn Wisconsin, he ran low on gas and was forced to descend in the hills near Black River Falls, Wis., where it took him over an hour to get_a new fuel supply. His feat in gaining on Pilot Jack Asheraft, flying the “Spirit of Am- monia,” between Fargo and Bis- marck heartened him, so that when he hopped off here he was confident he could make up for lost time and come in close to the leaders at the finish, In an army air unit in France, Unger shot down nine enemy planes and a balloon, he said. For four ars he carried mail on the Salt sh. and liont., and} | ho had | e would w ane, he a=) ITH I who hobs ds the de sihibe rom the Fort Lincoln field norning on his way to Spoki ill confident though there were f him that he could nish to share in the} aviation is a with him, and National air hopped off this rize m a former er, piloting co 10 plane, who} and had to y all ni off at 6:31 rd Breaks’ Unger breaks” ithe west just as the morning rays | through , horizon, ke-Reno division of the transcon- ental air mail and express line, A. though flying conditions were oo good in the east, the route n St. Paul and Bismarck could » “flown in my sleep,” Unger said. Pennsylvania, fog was a menace, dat one time he had to climb 100 feet to get above a fog bank, the flyer stated. ROBERTS LO: PROPELLER S HE ARRIV AT FARGO o, N. D., Sept. 21.—(AP)— Verne Roberts, piloting No, 37 “B” of the national air yy, flew over Fargo headed for » municipal ficld here, the pro- peller dropped from his machine and fell to the ground, Roberts, gliding his machine, made a perfect landing hout the propeller. He landed at 4:10. Loss of the b! probably will force the Fargo flyer to aban- lon his flight here. 55, Pilot R. E. Dake, arrived in Fargo at 11:02:45 a. m, and hopped off at 1 5 a. m., after being serviced with gasoline and oil, and a luncheon, He _ reported good flying weather bet! St. Paul and Fargo, and experienc:< rouble on the trip. STILL LEADS ‘T BILLINGS Se class “B” planes landed here this morning from Glendive, in the from New York to Spokane. still led, with Meyers half a ite behind. he arrival and departure time of planes follows , Miller, 10:21 and 10:26, yers, 10:22 and 10: arles, 1 and 1 . 49, Detmer, 1 . 60, Knapp, 10:37 and 10:43, . 50, Unger, 10:41 and 11:02. Asheraft, Towanda, Pa., r, No. 65, was forced down by agneto trouble 50 miles west of drive to Spokane, which the leaders expect to reach late today. HOLMAN CLOSELY FOLLOWS BALLOUGH AT ABERDEEN = Aberdeen, S. D., Sept. 21.—(4)—E. E. Ballough of Chicago still led the class A air derby to Spokane, when the compulsory five-minute stops were made here today. Ballough brought his plane down at 8:33:30 a. m., two hours and three minutes after leaving St. Paul, re- fueled and had a half minute to spare before taking off at 8:38:50 the nine class A planes to make t Aberdeer ¢top, landing at 9:19 a. m; after the ether eight had departe: Cleveland stayed here 15 minute: dive, according to reports re- ceived here, Ashcraft reached Glendive this morning after having spent the night at Bismarck. E. E. BALLOUGH OF CHICAGO IS LEADING RACE (Continued from page one) of sunlight streaked their way the cloud-banked eastern Overhead, a blue sky, a moderat- ing wind and a temperature of near- ly 50 degrees gave promise of much better flying conditions than the windy, rain blown course over which they battled yesterday. Aberdeen, S. D., away to the west and just a little to the north, was the first five-minute station, with stops listed for Miles City and Butte, Mont., before the last hard Remember the ¥ name—you can’t forget the quality. Distributors AS ANY IMPORTED CIGAR a. m., for Miles City, Mont. Following close on the heels of the V. Hol- zat 8:42:30 and then three more in the leader came Plane No, 4, C. man, St. Paul, pilot, ar following order: No. 11, Nicolas B. Mamer, Spo- 8:30, kane, arrived at 8:4 No. Oregon, at 8:50. No. 8 John P, Wood, Wausau, | Wis., also at 8:50. No delay was experienced in serv- icing the planes with gas and oil j a cach one taking off at the end of the aY/J WRC LE: five-minute stop interval. The other flyers landed as follows 13, Tex Rankin, Portland, | DGUBLE £ my wu’ :| sop ¢ BATS No. 7, E. H. Lee, Chicago, arrived | - OB. over 35° YEARS 9:03:30. No, 12, James S. Rae, Philadel- phia, arrived 9:04:30. No, 2, E. K. Campbell, Moline, 1. arrived 9:09:30. Pilot E. W. Cleveland, Cleveland 25 ounces for 25* WHY PAY WAR PRICES ? Our Goveriiment is with two passengers, was the last of | ZWsed Aétl/ iors of Pounds Capitol Theatre Last Time Tenizht Performances Adults 35¢ 7:15 & 9 P.M. Children 15c Please Come Early Gilbert Swan.......perceives the zestful things of life. Gilbert Swan, whose “In New York” column is a daily deight to readers of the Tribune, has to Broadway for a few weeks. You soon will be reveling in a new ser Swan word photos—“A New Yorker in Paris. He has gon - of Gilbert ” And then—“A New Yorker in London.” * Odd bits of life, queer incidents, strange places, in- teresting people in these two great cities of Europe will be silhouetted by Swan in h is Paris and London columns just as he has cross-sectioned life in New York in the past—and will do again when he returns. That this keenest of observers is to write about life in the French and English capitals from the vantage point of long and intimate familiarity with New York— our own greatest human mosaic—spells a promise of cap. tivating articles to come, Swan is a student of humanity, and in Paris and London he will find limitless fields of “human interest” to roam. *-s * Many-sided is Swan’s faculty of perceiving the zest- ful things of.life. Rare is his talent for sketching, for the enjoyment of others, the things and the personali- ties he perceives, These traits set him apart from ordinary writers, He be in the printed record with colorful backgrounds have failed to mirror.’ | Through Swan, durin, become acquainted with of mankind’s sun-to-sun work, with intimate details, with sharp highlights that other eyes and minds his visit, to Europe, you will - Chicago, Sept. 21.—(AP)—Butter | Calves 1,500; vealers 50 ' ‘aris and London as you have unchanged; Resipts 3,451 tubs; eggs noe higher; most good lights 14.50 | not had an opportunity to before. unchanged; rece! 00, Cheese unchanged, Hogs 7,000; weak to.25-cents low- Correspondence Invited ' WINSTON & NEWELL CO. Ask your banker abou‘ us % ‘ pts 7,397 cases, D.