The Bismarck Tribune Newspaper, September 29, 1927, Page 3

eee ee | THURSDAY, SEPTEMBER 29, 1927 ‘THE BISMARCK ' GRAIN LIVESTOCK WHEAT PRICES G0 DOWNWARD Setbacks at Liverpool, Rains in Australia and Argentina Cause Drop Chicago, Sept. 29.—-(?)—Indica- | tions of big export business both in domestic and Canadian wheat helped to steady the market in wheas today .at the last. Some observers were inclined to estimate European tak- ings of domestic spring wheat today at the largest total un the crop so far this season. Hedging pressure from the northwest, -owever, was heavy and with unlooked for set- backs in Liverpool quotations, the wheat market here avecaged lower. Wheat closed nervous 12 0 % cent net lower; corn unchanged to 1% cents 0! ats varying from 4% cent decline to % cent advance, and pro- visions at 25 cents setback to a rise of 2 cents. e For the first time since the World war, Liverpool wheat today was quoted at a discoun for nearby de- liveries as compared with deferred months. Such a discount attracted much notice here as being signifi- cant of a return to normalcy. For a long time, hand to mouth buying abroad had kept nearby wheat prices at a premium in order to stimulate efficiency of supplies afloat for Europe. , Southern hemisphere rains, favor- able for wheat crops, both in Aus- tralia and Argentina, were an im- mediate bear influence today. In some quarters, doubt .‘as expressed as to whether the Australian rains were in time to do much good. Ar- gentine cables, however, said down- pours over the entire country had put young seeding in general ex- cellent condition. WHEAT DULL AND EASY ON MINNEAPOLIS MARKET Minneapolis, Sept. 29.— (AP) — Wheat was dull and easy today with hedging pressure and weak cables the depressing factors. Other grains also were draggy. Opening was 3-8 @3-4 cents lower, a rally following when Winnipeg showed a flush of firmness. Hedging sales and late weakness in cables brought a re- lapse and price sagged 1@1 1-4 cents below yesterday’s closed. Oats saggea 1-4@3-4 cents on ease in other markets. Rye futures were easy. Flaxseed futures broke 1 3-4@2 cents on Argentine weak- ness and hedging pressure. Cash wheat offerings were large and ordinary quality was easy and quiet. High protein spring wheat continued in good demand, with premiums unchanged. Protein from 13 per cent down was one cent lower and demand wa: slow at the decline, Winter wheat was steady. Durum offerings were amply and largely of poor quality, with a slow demand for the general run. Corn was in light supp¥y and de- mand was better for choice yellow. Oats were quiet to fair demand. Rye was more freely offered and de- mand was good. Barley was steady and quiet at 66@76 cents. Flaxseed offerings continued large and de- mand good. SO, ST. PAUL LIVESTOCK South St. Paul, Sept. 29.) —(U. S. D. of A.)—Cattle 4,000; fed steers and yearlings nominally steady; few odd lots yearlings carly 12.00@ 13.00; grassy kinds dull, weak; bulk salable 9.50; few cars above; she ttock unchanged; mostly 5.75@8.50; rutters 4.35@5.00; bulls 6.50@6.75; for weighty medium kinds; stockers and feeders quiet, largely (%00@ 8.25; for steers and 5.25@7.00 for cows and heifers. s Calves, 1,500; vealers, quality considered, fully steady; most good lights 15.50. Hogs, 5,000; opening around steady, early trade mostly to ship- pers; top 11.25 paid for best 180 to 225 pounds average; light lights mostly 10.50 @ 10.75; butchers scarce; sows largely 9.50 AP pigs mostly 10.25; average cost Wednes- day 10.27; weight 224 pounds. Sheep, 4,000; better grade lambs around 25 cents lower; oather grades steady; sheep steady; bulk fat lambs 12.25@13.25; heavies mostly 11.50; culls 9.50; most fat ewes to packers 4,50@6.00; culls 2.00@3.50. CHICAGO LIVESTOCn Chicago, Sept. 29.—)—(U. S. D. of A.)—Hogs, 28,000; early sales hogs 210 pounds down mostly 10 to 15 cents lower; spots 25 cents off; some interest biddign 25@35 cents lower; most butchers 220 pounds up and packing sows steady to 10 cents lower; practically no market on pigs; top 11.70; bulk good and choice 1 ‘o 200 pounds weight 11.10@ 11.60; 210 to 225 pounds 11.40@ 11.65; few butchers 250 to 300 pounds 10.75@11.50; bulk packing sows 9.60@9.85; few light wgehits 10.00; heavy weight hogs 10.25@ | De 11,50; medium 11.00@11.70; light 10.60@11.65; light lights 10.25@ 11.25; packing sows 9.00@10.00; slaughter pigs 8.50@10.25. Cattle, 10,000; grain fed steers uneven;.choice kinds strong to high- er 16.65 paid for prime Sou’ Da- kota scaling 1,218 pounds; supply good to choice grain feds fairly lib-|' eral; several loads 15.50@16.50; she stock slow, steady; bulls 10@15 cents higher; vealers 25@50 cents lower; most vealers 16.00@17.00; 16.00@16.50 to big packers. Sheep, 19,000; fat native lambs opening Rican to *round 15 cents lower, dryer fleeces considrred; bid- ding. 15@25. cents lower on rangers; early bi ood native lambs 13.50; few sales 13.25; best selections to city butckers ea Ted cull lambs _ 9.50@10.50; choice range lambs held around 14.10; bulk ae: i ble above 14.00; sheep steady; fat lambs un- chat 3 bulk medium ht 13.00 Cass, EOF Hr ZO, + Receipts ‘145. cars; on track 397; total United States shipments 1,218 cars; tradit rather slow, market steady; Wisconsin sacl round whites Antigos 1.50@1.85; central Wisconsin 1.50@1.65; Minnesota . 65; sac! iver 1165@1.70; Idaho sacked rurals 1.80 x MARKETS By Associated Press Leased Wire CHICAGO GRAIN TABLE » Sept. Close Close Yesterday Year Ago Wheat— Sept. 1.29 1.351 @% Dec. 13 1.405 % March 1.34 . May 1.35% 1.45% Corn— Sept. 92% 7458 @% Dec. 95M 805% @% @% March 98% @% May 1.01 Oats— Sept. A83s Al @% Dec. ABI 44 @19 March 5054 M% May 51% 48 Ryx— Sept. 97% Dec. 96 March 993 Lerd— Sept. 12.12 Oct. 12,12 Jan. 12.85 Ribs— Sept. 11.85 Oct. 11.85, Jan. 12.60 Bellies— 5 Sept. 14.30 16.05 Oct. 14.35 16.37 .60; Colorado sacked brown beau- ies 1.55@1.65, fancy shade higher. Minneapolis, Sept. 29.—(®)—(U. S. | D. of A.)—Potatoes: Light wire in- | quiry; demand slow; market steady; carloads delivered sales, freight only deducted, Minneapolis-St. Paul rate, sacked hundredweight, round whites, United States No. 1, 1.35; few 1.40, ‘STOCK MARKET | NERVOUS TODAY Frequent Shifts Occur in Spec- ulative Sentiment—Special Buying in Rails New York, Sept. 29.—(AP)—Ex- tremely nervous trading character- ized today’s stock market which wit- nessed frequent shifts in speculative sentiment. Efforts of “bear” trad- ers to bring about a further reaction in the pivotal industrials disclosed good support but on the other hand the resumption of bullish operations in some of the recent strong spots encountered large offerings. Banks called for about $10,000,000 in loans, following the marking up of the call money renewal rate to four per cent, bringing to the fore again the subject of brokers’ loans, the weekly figures on which will be published after the clase of the mar- ket today. The expulsion of a stock exchange member for violation of the rules apparently had no effect. Special buying of the Van Swer- ingen rails, particularly the Erie issues and Chesapeake and Ohio, at- NEWS FINANCIAL | 29 —Today— -Today— Open i High Low Close 1.2855 129% 1.27% = 1.28% 1.31% 1.29% 1.30% @% 1.34 1.32% 1.338% 1.35% 1.347% 92% 905%, 9518 4 @ 9856 97 ‘ 1.01 1,01 1.00% = 1.00% ; 48 48% ATs 48 ABM AD A856 48% @% - @&@s 50% 51's 505 50%, 51% 52 515 51% 14.10 14.00 14.17 14.00 14.10 BISMARCK GRAIN (Furnisned by gussell-Miller Uo.) Bismarck, Sept. 29 No. 1 dark northern No, 1 northern ... No. 1 red durum ... No. 1 flax .. No, 2 flax .. No. 1 rye .. Barley . Oats .. . Speltz, per _cwt. .. SHELL CORN No. 3, 56 lbs. or more . No. 4, 55 Ibs. .. No.5. . No. 6 . sees 62 One cent per pound discount un- der 55 lb. ear corn, 70 lbs. five cents under shell. Hard winter wheat ..........$1.08 Dark hard winter wheat +. 1.07 CHICAGO GRAIN Chicago, Sept. 29.—(4)—Wheat No. 2 hard 1.30 1-2 to 1.30 3-4. Corn No. 3 mixed .90 1-4 to .90 1-2; No. 2 vellow .90 1-2, Oats No. 2 white 51 to .51 1-2; SON TELLS OF | which we es NURSE'S LOVE |: Dmictin Cue FOR PASTOR. ;, (Continued .rom_ P. ment said he asked Mi to leave his home after his and that she did. The described the nurse as a friend the family who came here with th: from Texas. He admitted w her letters, but declared they we “letters of sympathy,” and on! wae as a minister would write to: one of his congregation. Dr. S. N. Mayberry and Dr. Champlin, who attended Mary testified they believed she m have died of an overdose of mixe ze 1) A drugs. 5 Mitchell summoned Dr. Baile testify today to present in d the results of his pathological tes J. N. Jensen, Fargo, Reelected President | of N. D. Baptists (C ntinued from page onc) Baptist must carry on in China, In- * lia, Africa and the isles of the sea Here again our state convention the natural medium of gather these resources together into a ¢ siderable stream to flow in tun in to our denominational river of life Should Be Creative “Again, Bapt s tive. What we not the sum total o: ity. God has not through very spiri and Roger Willi hear Baptists practice of the an ironclad creed lowship among us who for spiritual freedom. apology for Baptist _ principle God save us from Baptist bigotry, so We shall not need to ap We must study and analyze our 1 sources, both human and financial. \ “We as Bapti must look wi on all deno: is honor who are bearing a_ share Christian conquest of the wo: {| here again the state convention our most natural medium throu No. 3 white .48 1-2 to .51 1-2. Rye Ne 2, .98. Barley .75 to .88. Timothy seed 2.70 to 3.40. Cloverseed 18.50 to 26.50. Lard 12.20; Ribs 12.25. Bellies 14.70. MINNEAPOLIS FLOUR Minneapolis, Sept. 29.—(4)—Flour 5 cents higher; in carload lots, fam- ily patents quoted at 7.45@7.75 a barrel in 98-pound cotton sacks; shipments 56,813 barrels, Bran 25.00@25.50. _ CHICAGO POULTRY Chicago, Sept. 29—(AP)—Poultry alive easy; receipts eight cars; fowls 16@.25; springs .21@.24; turkeys tracted widespread attention. Texas and Pacific and Pittsburgh and Western Virginia also recorded good gains. Bullish demonstrations were most effective in the specialties. Houston Oil was bid up seven points but weakness developed in Transcon- tinental Oil. Abitibi Power scored more than seven points to a new high record, National Tea jumped 5 1-4 points and G. W. Helme 4. Selling pressure was renewed against Texas Gulf Sulphur and Willys-Overland common sank to a new low level for the year. The closing was irregular. The short interest was rendered xervous by vigorous buying i: the final hour. Houston Oil ran up 10 points and Abitibi power 13. Both Montgom- ery Ward and Sears Roebuck went to new peaks for the year and gaj = of 3 to 4 points were registered by Shattuck, Eastmah Kodak, Timken Roller Bearings and Green Canan- nea copper. United States Steel met]: large offerings again after it crossed 147 and her it commenced to.sink further some representative industrials also weakened in sympa- thy. Total sales approximated 2,200,000 shares. MINNEAPOLIS RANGE Sept. 29 Wheat-_ . Open High Low Close Sept. 1.2644 1.2642 1.25% 1.25% Dec. 1.28% 1.28% 1.28% 1.28% March , 1.31% 1.31% 131 131% Rye— Sept, 90% 90% 89% 20 Dec. 20% 90% 89% 89% Oats— 46 46 45% MBH Sept. 244 214, 143% 214 Dec. 218 "218 2.16% 2.17% pt. 722% TM 71% | hel Dec. , 72 872 1% OTL DULUTH RANGE Sept. 29 x Open High Low Close|’ Durum— Sept. 1.18% 1.18% 1.17% 1.18% Oct. 1.19 1.19% 1.18% 1.18% ee 1.21% 1.21% 1.20% 1.20% ye Sept. 92% 92% 92% 92% ae 92 =—.92% «91% «91% Fiax— Sept 2.18 218 217 217 Oct, 2.17% 218 2.16% 2.17% Dec. 2.19% 2.20 2.18% 2.19% RANGE OF CARLOT SALES Minoospert, Bove 29, — tals Range of carlot grait. sales: No, 1 dark northern 1.26% @1.56%; No. 2 dark northern Bh 1.51% ; No. 8 dark northern 1.21 1.38% ; sample grade dark northern 1.22: No. 1 hard 5 1.24% @1.53%; No, 1 hard winter 1.46%; No, 2 am- ber durum 1.1744@1.20; No. 2 durum 1.14%; No. 1 mixed durum 1.124%@ 1.19%; No, 1 nixed wheat 1.53%. Corn No, 5 mixed 80%. Oats No. 2 white 49%. ie No. 1, 92% @93. 7 a No. 1, AY adh oe 4% jarley, sam rade, ; Meo ee : ‘25; ‘roosters .15; ducks .19@.21; gee nage wee eee CHICAGO PRODUCE Chicago, Sept. 29.—()—Butter unchanged; receipts 5,062 tubs. Eggs unchanged; receipts 5,297 cases. Cheese unchanged. $< i Additional Sports _, eee Little World Series Game Is Postponed; Rain Again Interferes Toledo, Ohio, Sept. 29.— (AP) — The first game of the “little world series” was again postponed today, when rain began about 1 o’clock and fell so steadily that play was de- clared impossible. Another effort will be made to play the opening game here tomor- tow, but in any event Toledo, cham- pions of the American Association, will leave with Buffalo, mnant. winners of the International League, for Buffalo Friday night, to play there Saturday and Sunday. Terris Is Favorite to Beat Martinez New York, Sept. 29.—(AP)—Sid Terris is a 7 to 5 favorite to beat Hilario Martinez, hard-hitting Span- ish lightweight, in their 10-round bout tonight. Terris, who has been flogred in his last three fights only to get the decision in each, is favored by many to asep the Spaniard before the 10th round, Martinez is angling for a chance at Sammy Mandell’s lightweight title and a victory over Terris would lp his cause greatly. Too Late ‘> Classify FOR SALE—New eight piece Amer- ican Walnut dining room set. Phone 1231-W or call at 706 Fourth street. WANTED—Middle aged woman for housekeeper. Good references, apply lohn G. Gussner. Phone FOUND—A lady’s small gold foun- tain pen. Owner may have same by calling at Tribune office. FOR SALE—Modern cottage, well located. Cheap if taken at once. Pines O40 a call at 415 Mandan FOR RENT—Garage located at 508 West Broadway. Call 676-M after 5 o'clock p. m. FOR SALE—One overcor’ size 88 or 40, $5.00, one keros’ oven $1.50. Also for rent: Dou garage. Phone 872. ——$$——— FOR SALE—Two Springer Spanielr me to use tor hone Pphon: 525-W or call at 'W. Rosser. You, too, wi Strikes are mi! finest cigaret made of the domestic to! 3) prot and blended with o22>: there is an extr toasted”—no har of bite. . 66 : No Throat [rri GeenemeMe! eS