The Bismarck Tribune Newspaper, November 4, 1927, Page 2

| PAGETWO LIVESTOCK MARKETS By Associated Press Leased Wire | WHEAT PRICES TAKE SETBACK Market Sags After Opening Unchanged—Corn, Oats and Provisions Firm + i t ‘ t pony Chicago, Nov. 4. -?) — Wheat| { prices underwent an early setback | | today, influenced by selling -f wheat | + into storage here and by arrival of | | another :hip Icad f-»m Duluth, It} wa. pointed out, howev-r, that the Duluth 0 Was of premiwy char-| acter an’ unl'ely to be delivered * on speculat've contracts. Opening unchanged to % cent off, wheat later sagged all arund. Corn, oats and provisions were firm, corn start- | ing unchanged t % cent higher,! and subsequently holding here to initial figur?s Increases to the stock ot wheat in , Chicago today were emphasized by word that the amount of wheat at Minneapolis had enlarged 925,000 | bushels in the last week, und that. | Winnipeg arrivals were still in ex- ' cess of the receipts at this time last | | year, although smaller ‘han those } of a week back. Meanwhile, ex- | orted busines: overnight at the At- | lartic seaboard appeared to Le again next to normal. Firmness at tim:s today in the + corn market accompaniec reports! that the Pacil’: const trade is al-; t ready reaching into Ka sas and Ne-| braska for corn at better prices than Omaha or St. Louis are paying. * Predictions of cloudy moist weather * over portions of the corn bel’ tended * also to uphold the market. = WHEAT SHOWS WEAKNESS ON MINNEAPOLIS MARKET * _ Minneapolis, Nov. 4.—(7)—Wheat =. developed weakenss today, outside = markets breaking on Veatldaty § pres- sure with support from buying against export business light. Trade turned dull after & period of stop loss selling and the market showed little rallying power. Futures showed 1%@1% cents decline. Oats were firm carly and steady, when wheat eased. Barley futures wer- steady. Rye opened firm and turned drag- gy. Flaxseed sagged at the start and turned firm. Cash wheat offerings were small- er and demand was better for pi teins above 12 per cent, with occa- sional sales one cent higher. There | was little change in the average run. Witer wheat offerings were small and demand was fair. Durum was in light supply and good to; choice was wanted. Corn was in good demand and trading ba:is was firm, one cent higher. quiet and | were quiet and draggy for ‘ht, steady to firm for good firm, 14 cent higher. ! @73% | weak, FINANCIAL NEWS | CHICAGO GRAIN TABLE Nov. 4 Is Feature of Irregular Course of Prices New York, Nov. 4.—(AP)—Heavy buying of the copper shares feat- ured the irregular course of prices in today’s market, Evidences of group strength also developed in the oils, tobaccos and mercantiles. Banks called $15,000,000 in loans, presumably to meet week-end de- mands for currency, but call money Was again in plentiful supply at the renewal figure of three and one- half per cent. Some liquidation developed in the steel shares as a result of a drop} in the price of heavy melting steel scrap, and the softening of other steel and iron prices. Motors turned Calumet and Arizona, with a gain of a new 1927 high by Magna were the bright spots in the copper group. American Tobacco issues, which had turned heavy on official denials of an early stock split up, soared to new high record on the announce- ment of record-breaking cigaret sales. American Can, American Linseed, Abraham and Strauss, Woolworth and Pittsburgh Coal also were active on the up side. Rails were rather quiet. seed offerings were small and demand fair to good. CHICAGO LIVESTOCK 1 Chicago, Nov. 4.—(P)—(U. S. D. of A.)—Hogs, 15,000; uneven; bet- ter grade hogs 200 pounds up, slow, weak; butchers opened 250 pounds very scarce; choice hogs 140 to 180, active, 10 to 20 cents higher; pack. ing sows mostly 10@15 cents up; lightweights 25 cent higher in spots; top 10.40 paid for choice 230 to 240 pound averages; few sales 225 to 300 pounds 10.10@10.35; most desirable 170 to 200 pounds 9.40@9.90; most 130 to 160 pounds 8.25@! 5 Pigs 8.00@8.40 largely; most packing sows 8.15@ i weights up to 9.00; h 9.85@10.40; medium 60@10.40; lightweights 9.00 @ 10.00; light lights 8.00@9.50: packing sows 7.75 @9.00; slaughter pigs 7.50@8.75. Cattle, 3,000; general * ade fully steady; she stock strong to shade higher; active, hardly encugh steers to make a ma.ket; most offer- ings selling at 13.00 downward; weighty sausage bulls upward to 7.25 and better; mostly 11.50 trade on vealers to big packer3; low cutter cows 5.15@5.25; mostly 5.25; all, M she stock getting outlet. 9,000; shipping demand ac- tive; desirable fat lambs 15@25 cetns higher; natives to shippers 14.25; decks 78 pounds good ‘woolel comeback: to same interest 14.10; lamts to packers less desir- than Thursday, 14.0 down, sorts light; 109 to 130 pound buck lambs, 11.25@12.00; culls 10.25@ 11 sheep f'rm; fat ewes 6.00@ 9.75; feeding lambs scarce about steady; few sales of medium and good bs downward from 14.00, SO. ST. PAUL XIVESTOC South St. Paul, Nov. 4—7)—( 8. D. of A.)—Cattle, 2.200; 0 slow, around steady on most killing classes; tercency weak in-be- tween 3 salabl 1@10.25; she stock mostly 6.00@8.50; cutters 4.50@5.75; ac- tive; bulls mostly 6.7° down; stock- | 4, More active; | ers and feeders sl bulk 7.50@8.75. 800: | Calv BISMARCK GRAIN (Furnished by Russell-Miller Co.) Bismarck, Nov. 4 No. 1 dark northern .... No. 1 northern .. No. 1 amber durum . 1 red durum . 1 mixed durum . Oats .... Speltz. per cwt. .... : SHELL CO No. 3, 56 Ibs. No. 4, 55 Ibs 59 No 5 . 56 5 No. 6 . 52 One cer un- der 55 Ib. ear corn, 70 It .., five cents under shell. Hard winter wheat ... 2+ $1.01 Dark hard winter wheat ...$.. 1.00 MINNEAPOLIS CASH CLOSE Minneapolis, Nov. 4.—(?)—Wheat receipts pedis 218 compared to 247 a year ago. Minneapolis cash wheat and coarse grain closing quotations today follow: 1 hard spring, fancy soos 148% @153% 1.48% @1.53% 1.46% @1.52% +1646, 01.52% 1.25% @1.49% 1.23% @1.40% 1.21% @1.37% 1 DNS, ch to fancy 1.37%@1.48% 1.40% 1.29% fontat 1 DNS, gd to choice. 1.26% 1 DNS, ord to good. 1.21% 1 dark northe: To arrive .. ++ 119%@... 1 northern 1.20% @1.26% To arrive 1.18 18%@ .-. 135% @1.46% 1.24% @1.36% 1.27% 2 DNS, ch to fancy. 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 1.18% of five points, and the establishment | D To arr’ S4 1-4; No. 3 wi Rye N Barley Clover Ribs 1 Bellies grade di No. 1 ha 2, 73, Recei; tal sof Ohios whites ights, wei ; 'o arrive ........ Fey 2 amber durum. 1 amber durum. 1.27% 1.19% San Francisco, Calif., | Min Hien” Wil No. 1 flaxseed MIN: ig ee RANGB Ov. Oats No. Chicago, ts 185 cars; on track 485, to- Inited States shipments 869 cars; demand | market steady; Wisconsin round whites, $1.50 to 1.70; Minne- forth Dakota sacked Red 1.40 to 1.50; « 94 see shluGaiin ive ..+..... 2.01% v.4 Open High Low Close Wheat— Dec. 1.23% 1.23% 1.21% 1.21% March = 1.2614 1.26: Ys 1,25 May 1.285% Rye— Dec. 94 March = 9514 May 9713 Oats— Dee. AB12 March 46% May AT Flax— | Nov. 2.041% 2.04% 2.14Y 2.04% Dec. 2.04% 2.05% 2.04% 2.04% 2.12 13% 2.12% 2.12% ‘ ‘ 70% = .72% May Tl 671% = .70 0% DULUTH RANGE Nov. 4 Oper High Low Close Durum— Nov. 1.185% 1.20% 1.1858 1.20% Dec. ™ 1.17% 1.18% 1.17% 1.18% May 1.21% 1.24. 1.21% 124 Rye— Dec. 96% 9615 95% 96% May 995% 1.00 995% 995% Flax— Nov. 2.05% 2.05% 2.04. 2.04% Dec. 2.06% 2.06% 2.05% 2.05% May 2.14% 2.14% 2.13% 2.13% CHICAGO CASH GRAIN Chicago, Nov. 4.—(AP)—Wheat No. 2 hard 1,25@1-2. Corn No. 2 mixed .83@3-4; No. 3 mixed .80 3-4@.83 3-4; No. 2 yellow No. 3 yellow .82 1-4@.83. 2 whit 49 1-2@.51 3-4; hite 47 1-2@.51, jo. 2 1.02, -73@.80, Timothy seed 3.30@4.05. seed 21.75@28.50. Lard 12.00. 1.25. 12.75. RANGE OF CARLOT SALES Minneapolis, Nov. 4.7) —! of carlot grain sales: Wheat No, 1 dark northe:n 1.23@1.45 2 dark northern isigiass 3 dark northern 1.18@1.55%; sample lark northern i.05@1.22%; rd winter 1.20; Nc. 2 durum 1.19%; No. 1 mixed durum 1.28%; No. 2 mixed wheat 1.13% Corn No. 3 yellow 814 @82. Oats No. 3 white 44% @47. Rye No. 1, 94% @95%. Flax No 1, 907 Barley sample grade 72@73; No. 1.26%. /@209 . POTATOES Nov. 4.—(?)—Potatoes: slow, river’ sacked round 1.40 to 1,50; Idsho sacked russets Burbanks 1.60 to 1.90; sacked rurals 1.45 to 1.55. irm, Carloads ive! freight only deducted Minnes; Paul rate, sacked hi round whites United States 1.25 to $1.30, mostly $1.30. Nov. 4.) America’s Yor hor fist . BANK AUDIT I VOTED DOWN Motion to Have Affairs of Bis- marck Bank Probed Loses’ by 3 to 2 Vote Completing its routine business, the Burleigh county commissioners adjourned late. yesterday without ordering an audit of the affairs of the closed Bismarck Bank which had been requested by a delegation of ated which appeared @ board earlier in th . The matter was given consider- able discussion by the commission- but a motion to instruct the the audit while Commissioners Chas. Swanson, Wil- liam Fricke and Axel Soder yoted against it. S Threaten Grand Jury Call Members of the depositors’ com- mittee threatened to take steps to have a id jury called to investi- gate the affairs of the bank if the commissioners did not act favorably on their request for an audit. Wm. Falconer, spokesman for the delegation, is out of the city to- da; and could not be hed for questioning as to what the committee's next. step will be. The count; board yesterday voted to hire William Cook as bailiff and janitor for the court room at a of $90 a month. . Sale of the scutheast quarter of section 11, township 141, range 75, which is in Lein township, to Fred Hied for $750 was approved by the commissioners, and approval was given a bill for $450 presented by Zuger and Tillotson, local 1 firm, for assistance given Stat F. W. McCurdy in conne the Patterson tax case. Attorne; tion wit! Judging Will Be Com- pleted Later in Day (Continued from page one) of orn. growing in North Dakota. First to grow corn here, were the ive Indians, especially the Ari- karas and Mandans, to whom a del of gratitude is due, Will said. The Close Close | —Today— -Today— a Yesterday Year Ago Open High low Close aan Dee. 1.25% 1.41 1.25% 1.25% 1.23% 1.24 @% 3 @'5 March 1.29% 1.29% | 1.27% 1.27% @% 1.28 May 1.31%, 1.31% . 1.29% — 1.30% @% 4 @% oHece 83% a AK AI @4@% @% 4 March O° *S 3 B71 36% 86% @87 ener May + 89% 90 89's 89% 6 @% @% its— "Dee. 48% 4% 48% 48K |, @%@% ax or March 49% 50% 49%. 49% | VO May 50% 50% 50% 50% Ms @% Rye— Des 99 97% 99 99 98% 98% March 101% AN1% 101% 1.01 1.01% May 1.02% 104% = '1.021%3 1.02% 12.02% )—1.02% Lard— “Nov. 11.92 12.62 11.95 11.95 11.85 11.95 @95 Dec. 12.00 12.62 1200 1205 1187 1197 | Jan, 12,30 12.47 1232 1287 1222 12.25 @50 - Ribs— q ONG: 1100 12.75 10.85 Dec, 10.65 10.65 Jan, 11.65 12.50 11.65 Bellies— Nov. 12.15 13.35 12.15 Dee. 12.25 12.95 =| sala Jan. 12.25 12.25 3 white oats AMK@ 46% COPPER SHARE | tettecc #84 4 white oats 42%@ 44% | Sts Barley, ch 72 3 To arrive . 70 tes Barley, med to gd... .70 “a1 To arrive ........ .68 ose recite lower gds.. a 69 Heavy Buying in This Group|> je"... ta 6 8B To arrive % | early fur traders, Indian traders and agents soon saw the possibilities of corn growing and did all in their power to improve methods, he stated. Pio 2er farmers, who were scoffed at for attempting to grow ae acreages of corn in North Dakota in the ’70’s and ’80’s but whose work has now come to fruition also, de- serve tribute, Mr. Will said. Musical numbers at the luncheon were give- by the Great Northern male quartet. ais If the vision used in starting the North Dakcta State Corn Show and the pzogress made by the show could be carried into other lines of deavor, there would be litil- North North Dakota would not have, Gov- ernor A. G. Sorlie said yesterday in formally opening the show. The executive pointed out that the show has grown, in five years, from a small affair to u large exposi- tion, with over 800 en..i-. Discusses Corn Gro irg Discussing the growing of corn, Governor Sorl said he believed North Dakota growers should get a good price for their seed corn this fall because of comparative iailures of corn crops in other staves. Need for cooperation was stressed by the; marck high school orchestra gave| Forks count several numbers. ay en be ormegn the head of ld Fui pany, Paul, and take other ateps to stop Members of Library gg Coan ave al bg, iat atest contrac! By Mayor Thompson) in connection with ‘oreeding unites : mane and without a license, the commi icago, Nov. 4—(®)—Mayor|sion charyed. It called the sales Thgmpson, “America First” pro! plan “from all appearances purely onist, poured 13 typewritten pages|® Promotion proposition.” iieory’ beard roemberstofaye rary rd mem! re He spoke of “untruths” in their Appli cation For od dp A ices of opt fe Life Insurance Is m pointedly resign. Te. charged them with sponsoring pro- Merely a Proposal the bones in-his face hen British propagand: rough . “read- es a Ford sedan, driven by James Bar- ing courses,” denied with some heat| . Paul, Nov. 4.—(AP)—An ap> ton Tibert crashed into them, killing that he was aiming at a free press, plication for life insurance is a mere instantly. The other. three Fargo and requoted extracts from library| proposal and does not become a con- youths esca, injury, and as they pamphlets which he regards as trai-| tract until accepted, the state su- were all esleep when the crash oc- torous. preme court ruled today. curred, were unable to tell exactly “It is not to the texts of library] It reversed an order leuying a how it happened. 4 books that I take exception,” he| motion for judgment notwithstand- _ é told the board members, “but to the|ing the verdict made by Judge C. Sa teaching of certain texts.” The read-|M. Tifft, of Carver county district Steiber 1 a ing courses put out under the rec-|court, following. verdict of $1,058 eaplaved. ats time $y ommendation of the board, he con- a jury in action scought by | Sir gr! shopping. Mrs. John Anderson and li tended, constituted teaching. The|John Olson. a ai at a p dsiguiecsite tua tie PR mayor's letter was his second since| Olson sued to collect insurance | "€#¢ : ot end enilirey of Basin vis 4 October 29, when he wrote, criticiz-| under an application, made by his| Mrs. —— the ‘Eaiph. Falkenstels home vest ing particularly a phamphlet by son Merritt, Ceptember 12, 1925. Baldwin’ Thursda me near Herbert Adams Gibbons of Prince-/The son, who was 17 years old at Sal The Mi th Rose ton, “circulated by your body ‘und the time, w-s given a medical cx- and Mary Tayle wuedrhad meee the American library association.” |amination Seztember 14, paid his from Bi ‘wh os Saturday The board's reply, the mayor said, premium on a policy for $1,000 Sep- Met dent convened viele Sverl"galar in contudictin| cme if nfat paige: Os Ae. and Mea, W. 8, Oder and Mies several parti came infantile is. Edna are visiting friends near ori Seite nick fitm received the pli- Kone - Mrs. ing Carlson sa License of Oil —__|zigs i toot ties tain: ene ‘Oe Saas Gah “a Company Suspended] port” Septemner | 17, the premium |tn4 Mr. and Bir. John Bjerke, Stee and ‘eptember 23 nd notice of the ap- ter| Mrs. Wm. Hickel, Mr. and Mré. C. Suspension of the license of the Shaanti ia de taco 25, two a Malone, Beecher Malone and the North American Oil Refining com-| oN ¢ted the application heldag thee | Weel ‘ik, guests at the| Misses Mary, Cathern and Rose El- pany, Minot, has been ordered by the] it“yo5 not iiable in the son's teat ins L. E. Boat, Mrs. Tour-|%" Doyle. The evening was spent ae’ securities eenare cot o- | because it had never entered into a ter. : sane ds, et ks cna sa ag _ The company, contrary ie pro- view Lundber, Mts. Arthur} ‘Uncheon was se1 at midnight. vision: of its license, sold rtock in| contract. Its point is upheld :, Glenn McAllister has purchased amounts less than the minimum of |°Y the high court. z ‘ord car. 3 td 500 te ta say one person, the}, Fri them A Adams called at Q L, commission char} le rf after pending week with jaione’s le ‘An order directing offivials of the || Justice Court lie Bisrearck tnd New a Merwin Oder is hauling coal for salscion Noveatber 2 fo sho? cats| Tita Blexgeder, colored, plended | fro inBeteher Malone spent coupe ssi 2 Z 0] i; spent a why the license shculd not be can-| guilty to a care of vai ton be- days in bisuairk 1 sas — celed and directing N. B. Torrey,|fore Justice of the Peace Anton Bee: bert, Ralph and Wm. Anderson the president, to appear yesterday and paid a f'.e of $5 and went to the coal mine Friday, re- to account for the vroceeds of all| costs. 30-day jail sentence was turning Saturday. sales aod stock was i: ued by the | sus; vag ii ; reser The state's attorney of Gran. |before Justice “of the Péace R. H. weak bpauees ae postponed until November 7th, ° 5 bss 66 ) e ary Boland is right—Luc \ a ’ Said Jean Ackerman to Murrel Finley, Blanche Satchel and’ Myrna Darby while they rested between acts of The Ziegfeld Follies. : was instructed by the} Crane en a Sp ateeaes tke sale of “service contracts” by | pended. Strikes are the most enjoyable” vagrancy Governor in his speech. Populatior is the greatest need of North Dakota, C. T. Jaffray told visitors to the show yesu2rday aft- ernoon. In order tc att-act settlers from other midwest states here, North Dakcta must show that it can grow crops wh'cl. are grown in the older states farther east, Jaffray said. By proving that corn can be successfully grown here, interest should be aroused in the corn belt, he pointed out, adding ‘kat cheap land and the desi’ of many farm- ing families to have their farms close together, a thing hard to do in Iowa, Minnesot , Illinois, Indiana and nearby states where land prices are so high, should also help bring people here. Because North Dakota is far from the great consuming centers, it is unlikely that corn will cver be a shipable commodity here, and it should therefore be used for feeding to livestock and poultry, Jaffray said. The diversified farmer has money all the year around, the speaker 8] rred, while a small grain crop to ‘ mpl ‘additions! money in q With diversified farm- ing, the doubts and the dangers as- sociated with the growing of small grains exclusively vcnish, Jaffray said, while the farmer takes more interest in his wo.k every day of the year, instead of for a brief pe- Benefit Is Statewide North D-kotans must learn ¢hat what benefits the state also benefits them, Jaffray declared. “What Bate Pett “Shar new new ming into this state bene- in communities in alt sented acts and Sa erate sas You, too, will find that LUCKY STRIKES give the greatest pleasure—Mild and Mellow, the finest cigarettes you ever smoked. Made of the choicest tobaccos, properly aged and blended with great skill, and there is an extra process—“IT’S - “For a number of years, 1 noticed that Lucky