The Bismarck Tribune Newspaper, November 5, 1927, Page 2

‘PAGE TWO MARKETS GRAIN LIVESTOCK WHEAT MARKET - IS UNSETTLED Early Buyers Become Sellers on Bulge and Considerable Reaction Ensues Chicago, Nov. 5—(AP)—-Argentine reports of rust led to a quick steep Tise today in wheat prices here. The Chicago advance accompanied an upturn of two 3-8 to 3 1-2 cents in wheat values at Rosario, Argentina. Early buyers in Chicago, however, became progressive sellers on the bulge, and considerable reaction from top prices ensued. Wheat closed unsettled 1 3-8 to) 2 1-8 cents net higher; corn 1-2 @' 5-8 cent to 7-8 cent up, oats show. ing 1-8 to 1-4 cent gain and provi. sions varying from 20 cents decline By Associated Press Leased Wire Wheat — Der. 124 March May Corn-- Dec. March May Oats~- Dec. March May ye Dec. March May Lard— to a rise of seven to 10 cents. | An opening brisk advance in) wheat prices at Buenos Aires today tended to bear out reports of un- favorable crop conditions over parts of Argentina, especially talk of damage by rust in sections of the north. Bulls also took note of word that a heavy snowfall had occurred in the Canadian northwest, a cir-| cumstance likely to hinder the move- ment of new wheat there. Bi According to some authorities, iter all overnight offerings of Inited States winter wheat and of Canadian wheat to Liverpool were accepted. The upward revision of Australia’s production figures was ~‘ ascribed to confirmation of news “lay that further useful moisture had received in Australia where needed. WREAT PRICES HIGHER ON MILL CITY MARKET Minneapolis, Nov, 5.—(AP)—A ‘wild scramble of short covering on reports of rust in northern districts of the Argentine and frost in the Dec south sent prices soaring today. An oversold technical condition ap-| peared on the rise with heavy stop Joss buying on the way up. Rise here was 2 1-2 @ 2 3.4 cents, but the volume was not large. «Oats advanced 5-8 cent and fell back part way. December rye jumped 1 7-8 cents and held 1 1-2! cents advance. December barley gained one cent. December flaxseed bulged 3 1.4 cents and held‘a three- cent gain. Cash wheat offerings were moder-} ate and demand was better than usu- al on Saturday. The better class of spring wheat sold well at firm dif- ferences, wtih occasional sales one cent higher. Winter wheat was seatce and demand was quiet to fair. Durum was firm to strong in spite of larger offerings of milling quality. Corn was firm to stronger for mixed. Oats were steady for good quaaity oferings, quiet and draggy for light-| weights. Rye was quiet and draggy. Barley was steady ata 68 @ 74 cents. Flaxseed was firm to stronger for choice, with offerings light. ‘STOCK PRICES PERM AT CLOSE Investment Railroad Shares! Lead Upward Movement | in Today’s Market | New York, Nov. 5—(P)—Stock Prices resumed their upward move- ment today under the leadership of the investment railroad shares. Som irregularity developed at the ope a8 @ result of week-end realiz- sales and experimental bear but offerings were readily and the general market soon headed up’ Gains of one, to three points were distributed over 2 Wide variety of issues, while the advances in some of the specialties tan from four to 12 | _ Delaware and Hudson, which an spel cen a . 4m common with other coal carrying on rts of relatively poor jum seven an one-half Foe moigy Gey and West- | etn climbed more than four points » and A Union Pacific, St. 5 a fouls Southwestern, Atlantic Coast ot Chicago yl eaag iy ints. ind tices were Products, | ym Nov. Dec. Jan. Ribs— Dee. Jan. MINNEAPOLIS Nov. 5 High 1.24% 1.27% ec. March Rye— ec. March May ats— Dec. March iy Flax— Nov. May Bar! Dec. May 1% 1% 50% 38% 1.01% 1.02% 05 2 2.15% 2. FINANCIAL NEWS CHICAGO GRAIN TABLE - Nov. 5 1.40% @"s & 1.4% @" .70 @% 79 43% @% ATH 96% 1.04 12.55 12.20 12.32 13.00 12.60 13.20 RANGE Low Close/. 1.22 1.25%. 1.27% 95% 97% 984 1.23% 1.27% 1.29% 95% 98% AB 46% AT 2.05% 2.07% 2.15% 11% 1% DULUTH RANGE ov. Open High 1.24% 1.2242 1.27% 9845 2.08% 2.06 2.09 2.13% 2.16% Low 1.2214 1.18% 1.24 26% 07 5 2.05% 2.06 2.13% % % 21 ‘BISMARCK GRAIN 1 dark + lo. 1 amber duru: No. 1 mixed durum x No. 1 rye . Barley .. Oats ...... N One cent per pound der 56 Ib. ear corn, 70 Ibs. under shell. Hard winter wheat Dark hard wi (Furnished by Russell-Miller vo.) No. rth No. 1 northe: Ne + $1.05 iM '86 | to 82 cents over. Quotations on best. discount un- five cents ooee$ 99 1.00 MINNEAPOLIS CASH CLOSE Minneapolis, Nov. 5. |. —(\—Wheat | receipts today 243 compared to 177 a year ago. Minneapo! lis cash wheat. and coarse grain closing quotations today follow: 1 hard spring, fancy Montana . + To arrive .. oe 1 DNS, fancy Mont. To arrive 1 hard spring. To arrive . 1 DNS, gd to To arrive 1 DNS, ch to 1 DNS, gd to choice. 1 DNS, ord to good. 1 dark northern. To arrive . To arrive . 2 DNS, ch to 2 DNS, ord to g 2 northern ......++ 3 DNS, ch to fancy. 3 DNS, gd to choice. 3 DNS, ord to 3 northern .. To VE seceeeee ey ‘o arrive ... Fey 2 amber du amber di good. a4 1.5054 @1.555% 55 | 9.00 to 9. 97% | Close Close Yesterday Year Ago * ficient damper for country loadings, * ~Today— Open High 1.27% 1.301% 1.83% 48% 49% 50% 99 48% 50% % 50% 1.00% 1.03 1.04 12.00 12.02 12.92 ABH 49% 50% 98% 1.02 1 1.03 1.08% ; 12.60 12.02 12.32 10.65 10.65 11.55 12.50 12.25 12.40 12.30 11.50 11.55 12.56 { o—__________—-+ | Butter Market | —> Chicago, Nov. 5.—(#)—Nervous- ness shown in the butter market is evidently not due to any increase in arrivals byt it attributed largely to anticipation of heavy fall production. Present indications are for fairly large output during the fall and winter months. At the moment, however, receivers do not report much of an increase in the size of the lots from individual factories. Shipment~ from most factories are about the same from week to week, with an occasional increase of one to two tubs, Purchases, meanwhile, are con- fined to bare necessities, and this has resulted in a slight accumula-! tion, es] jally of fancy butter on practi lly all markets. eS a oe |, Grain Review > Minneapolis, Nov, 5.—(?)—(U. S. D. of A.)—Wheat fluctuated within a natrow range during the week ending Frid -, November 4, and the price at the close for December wheat was exactly the same as the week ated cansiderably and premiums went higher, the principal advance tak:ng place the last two days of the week, this being on wheat testing 12 1-2 per cent or better in protein. Twelve per cen‘ protein No. 1 dark northern sold Friday to nine cents over the December; 13 17-7 cent 17 to 22 cents over and 14 per cent 26 Montana wheat ran from 1.47 to 1.54. Durum premiums again went higher, due to the scarcity of good milling offerings and an excellent demand. ee Corn fluctuated within a rather narrow range, but premiums were decidedly firmer, influenced by im- proved demand and rather light of- ferings. é i Oats held firm to_ fractionally| higher for the week. December ad- vanced 7-8 cent for the week, closing Friday at .45 1-4. P z Barley held firm, with prices little changed. December advanced 5-8! cent, closing at .70 5-8. | Rye continued to show independ- ent firmness. December advanced 2 1-4 cents, closing at .94. Flax contin to show an easy! tone throughout the week. Decem- ber closed at 2.04 1-4, compared to 2.04 5-8 last week. ee es Livestock Review ' |_ Livestock Review _ South St. Paul, Minn., Nov. 5.— (®)—(U. S. D. of A.)—Last week's sharp decline on hogs proved an ef- the supply of these this week &t sev- en main markets showing a decrease of around 140,000 head over a week ago. The market reacted sharply me L cloeed taaity 35 to 50 cents sher, with packing sows up most Fri saw desirable 190 to 240 poe weights eeating at 9.50 to 60 mostly, 170 to i kind: .25, with light s ights large- ly 8.50 to 8.75. P: sows sold 23% 23% 1.37% 1.27% 1.36% caniy, week 1.36% Frida; 1.24% | lambs finished at 12.! 24 amber durum. ive 1 at 8.00 mostly, with pi 9.00, or 75 cents higher for the Me ite runs were received in the sheep house and as a result losses were recovered by he close, leaving values practically the same as Desirable Non largely 11,50 and culls 9.00. ly and ci .00. ‘at ewes sold at 5.00 to 6.00 most- before. Cash arrivals moder-| 73. largely| j, dno pIOMARCK '1KIBUNE 9.50@10.50; cull Is . i ie owes: Pe at .50@4.50; af H bucks 8.00@8.60, “"° 00@8.00; ei CHICAGO LIVESTOCK jicago, Nov, 5.—P—(U, f A.)—Hogs 8,000; see “s 4 amen: candae paid foe weed ak absent; to! 10; choice 220. to 280 Kina] few loads 210 to 2 yond 10.10; several loads . to 180 8 30 jing 75 to 9,00; oe lights 8.00 to 9.50; ound a poe bo most pigs 8.00 to 8.25; bulk bas a 8.20 to git best li ; medium 9. pt re “ htweights 9.00 to 10.00; light g ing sows ae to 9.00; slaughter pigs 7.50 to “Cattle bee age a a fae ago meager su; of choice and varlitas bold steady; in tren grades slump 50 cents to $1.00; standing $1.00 to $1.36; ces ithe lod under Ceo Brice WO WeeKS Lg0; Wes! and native stockers and feeders strong to 25 cen! 3 Bhe stock and bulls fully si 3 vealers 1.00 to 1.60 lower; best matured steers 1/.153 yearlings 17.65; comparative- ly little above 17.00; steers now sell- ing 13.50 to 16.00; showed lions share decline, closing. trading sug: sting further downturn; about 1| 0 western grassers in run, jad ing several trai loads of 3 weighty canuck steers up to 15.50, Montanas 15.C0; bulk slaught western 10.50 to 12.60; stockers a1 feeders 9.25 to 10.76; heavy fedrs up to. 11.85; most. cows 8.50 but weakened late. Sheep: 2,000; odd loads of native lambs fully steady; for the week: 26 doubles from feeding stations, 10,000 direct; fat lambs closing 15 to 25 cents highe: 3 sheep ; feeding lambs 26 cents lower; week s top price: it native lambs 14.25; alee oat ce fed clipped lambs. ; fat year! ra 11; fat ewes 6.75; ri feeding lambs 14.50; bulk prices: Fat natives 13.60 to 14.00; wooled cot ‘ks 18.50 to 14.10; fe: clipped lambs 11.25 to 13; tive, 13.25 to 14.25. Minneapolis, Nov, 5. of carlot grain sal dark northern 1.52%; No. 2 dark northern 1.22% @1.384%; No. 3 dark northern 1.19% @1.82; sam- le grade dark northern 1.80; No. 1 astrapeing 1.46%; No. 1 hard win- ter 1.24%; No. 2 amber durum 1.35 @1.41%4; No. 2 durum 1.17%; No. 2 mixed durum 1.23@1.35%. Corn No. 4 mixed 79. Oats No. 3 white 44% @48%. Rre No. 1, 97%. Flax No. 1, 2.09@2.17%. Barley, sample grade, 72; No. 2, CHICAGO CASH GRAIN Chicago, Nov. 5.—( _ No. 1 red 1.15; No. 1 hard 1.27 $-4. Corn No. 3 mixed .81 1-2; No. 4 mixed .77 1-2;,No.'3 yellow 82 1-4 @.83'1-4; No. 4 yellow .80 1.2@.82. Oats No. 2 white 50@.52 1-2; No. 3 white .48@.50, Rye No. 2 1.02@1.02 1-2, Barley .72@.82. Timothyseed 3.30@4.05, Cloverseed 21.25@28.50, Lard 12.02, Ribs 12. Bellies 12.50. CHICAGO PRODUCE Chicago, Ni (AP) — Butter higher; recei ery extras . extra firsts .43 1-2 to .44 1-2; firsts -40 to .41 1-2; seconds .36 to .38 1-2. Eggs unchanged; receipts 4,404 cases. CHICAGO POULTRY Chicago, Nov. 5—#)—! alive steady: receipts 3 cars; fowls 15@22; springs 19@28; turkeys 25 y30; sooiars 16; ducks 22@24; gees Rail Merger Hearing Adjourned to January Minneapolis, Nov. 5.—(#)—Having denied the motion of the Milwaukee! railway for dismissal of Great Northern-Northern Pacific merger application, the hab gr hig ail comeaalen, adjourned Minne- apolis hearing today, announcing that the taking of Prdexe, will be resumed Jani 16 at Washington. After the hi hearing the commission will hold_ another session in Minnesota in Febyoar and tken will move to the coast, acco: to Charles D. presided at the Mahkaffie, wl ings here. _ Presentation of evidence by short line railroads whose lines connect with one or another of the n toads or the Burli and wi that Seay, Sle be included in the consol ion 8C! occupied hearing today. NITRO-GLYCERINE IN G. TAN! “6 Nov. 5—(P) se ta i i i rane ie 3 oH x E Ss per’ slaughter yearlings 10.25 to 10.75;|to the Tribune fat ewes 6.00 to 6.75; feeding lambs erly connected with the RANGE OF CARLOT SALES {bank Wheat No. 1 aa state marck, last night and the reached at 1:30 this morning. stay of 30 counsel Th also formerly bank John S. Gallaher, the past the home of thi Mrs, M en with a heart attack: vived by his widow and a daughter, Texas, Nov. 5.—(AP)—Ji brilliant yoong Bleetord on. Y., pro- fessional, for Poultry | lead W: championship here t ip ip Dore toaa * , Slain in Paris NO SHORT CUT {TO PROSPERITY, Mrs. Marcelle Vernot-Lord, es- tran, rar-bride wife of Howard |, Fall River, Mass., writer, who was slain with a in her Paris art studio. Wences! Krupfell, former captain in the Im- ial Russian Guard, was of crime, ra], H SCHATZIS FOUND GUILTY Former Napoleon Banker Sen-| that tenced to One Year in State Penitentiary Napoleon, N. D., Nov. 5.—' Special i H. gehatse form. hi found aney b; cs was foun a in district court early today of examiner and embezzling $2,- was sentenced to one penitentiary at Bis- 5: Sa Agel ped was A days was and for the defendant i indicated that the case will be appealed. against W. A. McCully, connected with the and accused of embezzling BVANS CLAIMS Farmers Cannot Be Made Pros- perous by Law, Says Cana- dian Farm Official ed Toto prosperity. J He Bvans, Winnipe Pedeputy ‘minister’ of agrhe culture for Province a told vigitors to the sho 7 yester- Poicting out that the members of the Manitoba legislat tically all farmers, Evai. said that mabe’ the farmers, prosperces, teeg e would have done 1 vane nied this out ir. support of this con’ LH a is no short cut to prov. The man who can produce a mode} horse or a perfect ear of corn is no less an artist than the man who paints a perfect picture, Evans said. If possible, the man who juces the corn is more of an use, the picture ith ‘Wanimnats forces, the with animate de} f know more about the pasion ent business of farming is si progress, the speaker point advertising their" products,” Evane re] told the visitors, 5 ing false reports to the state| kn ,000, was continued over the term. i" Station Agent at Leeds Drops Dead Jamestown, N. D., Nov. 5.—(AP) » Northern N, D., for ped dead at at 7:40 come here to Pacitic agent at ¢ years, a friend is . He terday afternoon in! ve some dental work done and was at the home of a friend, Spencer. He was about to ‘or breakfast aS tric! le sit down ure Lassier, Portland, i! Ore. er is ex] Mrs. Hi Mrs. Galle pected to on this aftéfnoon’s train from ieee Turnesa in Lead at Half-way Mark Cedar Chest Country Club, Dallas, ‘urnesa, ht an uphill battle to ‘alter mn, defending cham- n, two up, when. the pair reached half way mark of their 36-hole match for the professional golfing A da 78 for the “Whig round, whlle Hagen shot a lew York, Nov. (AP) —Ap- rehension increased today over the te of the flood-swept city of Mont- ler from, which no direct word BALLOONIST IS FOUND DEAD Capt. Hawthorne Gray Be- lieved to Have Set New Altitude Record Scott Field, Illinois, Nov. 5 CAP)—Captain qauianens Gi ed an wwthorne terday seeking balloon was recovered near here savsbiinted by hepers inhi sah b} y rs “cana GhpGe tat Ba vile at 22 -yesterday Ten a time by but they, lost thas been received since a brief As-| + sociated The Vermont capital reservoir is Press wireless last night. | time he reported to have given way with ru- | his mored loss of life. p—teaeaad this afternoon as fo we: “Big loss of life reported through- out the Missisquoi valley. We are practically isolated — Seven persons, including Lieutenant Governor 8. Hollister Jackson of Vermont, lost their lives at Barre, Vt., in the flood there, said ® radio message from the Barre Times to the Associated Press and 3 making attempts to verify. We are| to here.” i i ie : f get y + et . z § if ef i ; 8 it z 3 i 2 4 % if i i i Al __ SATURDAY, NOVEMBER 5, 1927 ~ FOR EVERY PURSE AND PURPOSE . FOR RENT — Room with pong Call at 811 Fourth Campoign Aguiogt Common 3 F R ge | { a fa it elt HF iis Has te i A #3 Washburn Man Heads Gea Sitters Bala ‘F “i sce Me oF oe ele and aa rset SP wishes Poteet o! signed it cep Ap Ra ary, 19%! in ‘office of of Deeds on the 27th Sy. of lnel, Bocardn ee pege StL ned a 921 ig is on 189" of Miscl. Records pee 521, will be eo by a le the premises in such mort- a hereinafter described, at door of the cont in a State q County of Cass th Dako’ iF of two the 13th day of De- With Ss Miners somber, to setisfy the amount I due wy such mortgag. ft sale. The premises described in : gage and which will be sold 'y the same are described as hed to | follow: hi ‘theast Quarter (NEY) 3 ne (31), in wnt Ps eo ndred three (143) North, of Range Sev- ent in (77; jurleigh yore Will’ be due om stich mo 6 day of sale the sum of tris, ele Dated at Far Ne Dakot i ith any ‘of Nover 1937. anaes * tee _ aw. FOWLER Dak. Mortgages. a ar ‘Attorney optgages, Hunter Drowned in . Lake Near Willmar i — Bids , two miles o: ai ch 35, who was os Inning at the Sor . tion 34 le ik Townsh! fr t ate. tee ‘move ie y of 0 had he in ques Reni Clerk on or ‘a! od at reecrres t to any or all bids. it he o'clock Pp. Son 2 ath mol jo on the day apy |fechanert Nor! of Section Thirt; Mets West, stg Col costs and expenses of fore- TRUST COMPANY, t . e 6-13 /3-10) ‘will be recel' Ming. . B——The ¢ Fe Steck Town 4 1 Full 4 = ike iy BY agarat fie Sec a the ted this Sth day of November, water, ‘inters, i he Tern: 1937. A} eee “prendeat, ae) Pret it. '11/8-9-13) CANADA The New Homeland ae ts oe Sineet, oP