The Bismarck Tribune Newspaper, November 18, 1927, Page 2

/ "PAGE TWO : , FRIDAY, NOVEMBER 18, 1927 : ahain MARKETS FINANCIAL || 2709? Rallies Are Planned by Leaders LIVESTOCK By Associated Press Leased Wire NEWS rallies “WHEAT MARKET | ulant for the kidneys, and Foley Cathartic Tablets for ition, and intertroop athletic contests are being planned for the coming win- ter as a result of the scoutmasters’ meeting titat was held at the high school Thursday night with W. G. CHICAGO GRAIN TABLE jov. 1 —Sod: -Today— Sataet chalet BEARISH TODAY ; Announcement That France Raised Import Duty Sends Prices Downward Chicago, Nov. 18.—(4’—Despite unusal strength shown today by the ~ corn market, wheat tended down- = ward. Export demand for North © American wheat was slack, total purchases being estimated at only 250,000 bushels. Accompanying up- ward swings of the (orn market wa: 7 a’report from a Chicago crop au- thority indicating that in 12 out of * the last 15 years the final official * estimate of corn yield has been * lower than the November 1 esti- mate. * Wheat closed unsettled % to % “ cents net lower; corn 1% cents to 2% cents up, oats at % to % cent advance, and provisions varying * from a 20 cents decline to a rise of » 2@6 cents. ; SiAcrate today of the French tatiff on wheat put the duty up to » 871-2 ceuts a bushel, and was con- strued here as a hindrance to ex- ~ port business from this side of the Atlantic. | 2 Bear tradcrs made much also of + a sale of 500,000 bushels. of wheat, i-teday to gerifite Store here and drew * attentioh likewise to an increase of 62,618,000 bushels in world wheat; stocks for October as compared! with 32,073,000 bushels in Septem- ber an? 29,043,000 bushels last year. «Commission house buying of corn today was on a large scale at times. Jleading speculator was mentioned as a heavy buyer of the December delivery. Reduction of husking re- turns as compared to what were looked for was again attracting notice, and so, too, was persistent smallness of receipts here. , 1 MILL CITY MARKET + SLOW AND DRAGGY Minneapolis, Nov. 18.—(AP)— ey cables, quieter export de- mand and lack of punch in the news resulted in a slow, draggy wheat market today. Wheat met support, however, after a small decline and early in the last hour showed good recovery from early depression. ‘Trade was narrow. Oats were quiet and firm. Rye continued to decline, breaking 1 1-2 to 1 3-4 cents on quieter export demand and profit taking. Barley sagged 1 1-4 cents for December. Cash wheat was steady and quiet, receipts being small and buyers in- disposed to compete for the small supplies. Trading basis on the whole was steady. Winter wheat was steady with offerings skimpy. Corn offerings were small and de- mand was quiet. few ewe reve ce veaeeegnetee crevanreey ecteee TT Fee Seca Dec. March May orn— Dec. March May Oats— Dec. March May Rye— Dec. March May Lard— Nov, Dee. « Jan. Ribs—- Nov. Dec, an. Bellies— Nov. Dec, ~ san. Minnesot: S. D. of steady; Heavy Oats wera in small supply and steady. Rye was steady. Barley was easy to one cent low- ik ee .80, 1 a ., Flaxseed was in scant su an demard was good. | eel CHI 0 LIVESTOCK > Chicago, Nov. 18.—(®)—(U. S. D. of A.)—Hogs, 31,000; opened 3 cents lower aoc now 50 avy butchers 9.50; bulk 210 to 240 » pounds &.90@9. few butchers 250 pounds up 9.35@9.50; 200 pound averages packing sows 8.00@! weights 8.50; most pi: hts; heavyweight medium 8. .75@9.40 light lights Ft ¢ strongweights 5.25@! ‘© smal? -kijlers up to 5.6! ket on 4 wide between common - © kind: than Thursday’s best! cents lower; best; yee felt mendous United States shipments 695 cars, demand and trading slow; e dull; few sales reported; Wisconsin | sacked round whites round whites Red river Ohios 1.30@1.40; Idaho sacked russets graded 1. Minneapolis, New York, Nov. ch abe volume of brokers’ loans, the stock market ._ain forged upward today under the stimulus of heav; ing by operators for the advance. Convinced that the market had not Close Close Yesterday Year Ago 1.275% 1.53 @% @% 1.31% 3 1.37% @% 1s @% Wheat— 80% ALS @% A6% a 95 11.9% om, market 1.50@1.65 North Dakota sacked | 1.40@1.50; sacked | 1.70@1.90; 50@1.70. partly Nov. A.)—Potatoes: 18.—(P)—(U. Moderate wier inquiry demand slow, market carloads delivered sales, freight only deducted Minneapolis- St. Paul i weight, round whites United States No. 1, mostly around 1.25. STOCK PRICES — MOVE UPWARD rate, sacked hundred- Buying by Operators For the Advance Stimulates Trading Today 18,—()—Dis- record * breaking the buy- the full effect of the tre- reinvestment demand} created by the retirement of second Liberty mark up. bonds, pools continued to ‘@ long list of issues, divid- ing their energies between low and medium price motors and special- ties and high priced industrial General dustries stantial group. relatively narrow range. buying of Hupp, Packard and Mac! ; Trucks, Motors, U. S. Steel cor mon and other so-called pivotal i continued to move within Heav: all of which recorded sub- gains, featured the motor Union Carbide, Midland | Steel products preferred, Intern tional Paper, Montgomery Wai Io |1 DNS, gd to choice. 1.30% @1.44% -18@ according to ion; she stock fully % steady; most low cutters 5.00@5.10; and Freeport Texas, all of which * reached new high ground, also +|changed hands in rather large j volume. Rails continued to lag, although Norfolk and Western was pushed up to another new peak and consider- able activity took place in the Erie preferred issues on unconfirmed re- ports that the two classes of pre- ferred, through an exchange of stock, MINNEAPOLIS RANGE Nov. 1 Low Close ferred at present would be replaced | 3 to f: * heitaw. mine with an issue of six per cent, pre ulls, choice spreads very lights and weighty sausage offerings; former s mk 8 to rn and below; strongwei out nding sausage bulls up to 7.60 and better; vealers Tigh 1.27% 1.31% 1.34% 87% 90% 94% Open 1.27% Low = Close 1.26% 1, 1.30% 1 1.3313 85 88% 92 1.04% 1.07 1.08% 1.03% 1.06% 1.07% 12.02 2.37 11,90 12.30 11.75 12.17 12.17 nae ~ ier dark northern 1.22% @1.3156; sample grade dark northern 1.331%; No. 1 hard spring 1.35% @1.43%; No. 2 hard winter 1.18% @1.25%; No. 2 durum 1.18% @1.25%; No. 3 mixed durum 1.25%; No. 1 mixed wheat 1.17%. Corn No. 4 mixed 80. Oats No. 3 white 45@40%4. ike No. 1, 1.005%. Flax No. 1, 2.11% @2.15%. Barley, sample grade, 76; No. 2, 79@80, MINNEAPOLIS CASH CLOSE Minneapolis, November 18.—()— Wheat receipts today 141 compared to 240 a year ago. Minneapolis cash wheat and coarse grain closing quo- tations today follow: 1 hard spring, fancy Montana . To arrive .. 1 DNS, fancy Tovarrive .. 1.53% @1.58% + 153% @1.58% + 151% @1.57% « 1.51% @1.57% 1 hard spring. + 1.28% @1.55% To arrive .. « 1.25% @142% 1 DNS, gd to fancy. To arrive ........ 1.23% @1.89% 1 DNS, ch to fancy. , 1.42% @1.55% 1 DNS, ord to good. 1.24% @131% 1 dark northern..... To arrive .. « 122%@... 1 northern « 1.23% @1.28% To arrive .. - 121%@... 2 DNS, ch to fancy. 1.39% @1.52% 2 DNS, gd to choice. 1.28% @140% 2 DNS, ord to good. 1.22% @1.29% 2 northern . 21 26% 3 DNS, ch to fancy. %@ 3 DNS, gd to choice. 1.24% @1. 3 DNS, ord to good. 1.18% @1.23 3 northern 1.17% @1.23% 1 dark hard (Mont.) 1.21% @1.38% To arrive ........ 1.21% @1.38% 1 hard (Moné.) ~ 121% @1.37% ‘10 arrive . 1.21% @137% Minn, & SD, k hard 1.20% @1.24% To ai 19% @ % Minn. & SD, 1 |» 1.20% @1.24% To arrive 1.19% @1.24% Fey 1 amber durum, 1.37 @1.47 To arrive . . 134 Fey 2 amber durum. 1.33 1 amber durum..... 1.19 To arrive 1 durum . To arrive 2 amber durum 2 durum .... 3 amber durum 3durum ... 6 yellow corn 2 mixed corn 3 mixed corn To arrive ... Fulton, director of Boys’ Work, in charge. Scoutmasters of the eight troops organized in the city reported that attendance of the members at the troop meetings had been nearly per- fect, that one or more hikes were being held each month, and that great interest is being manifest among the boys in the winter pro- gram that is being sponsored, ‘Stop’ Crossing Is Designated in Fargo Designation of the Thirteenth street grade crossing over the Great Northern railroad tracks at Fargo as a “Stop” crossing has been announced by the state railroad board. Under. the law all vehicles approaching the crossing are re- quired to come to a full stop before Proceeding acros: the tracks at that point. ction was taken by the commission following an investiga- tion which disclosed that the cross- ing is particularly dangerous, it was said at the offices of the railroad board. Veterans Hospital - Construction Urged in Resolutions}! (Continued from page one) with their service and is trying to dispel this idea. The government has a contract with a hospital at. Fargo whereby veterans receiving compensation can be treated but only for emerg- ency ailments, Mr. Kraabel said. For treatment of chronic and ordi- nary disease they are sent to gov- ernment hospitals in other states, The need for hospital facilities in this state will continue for years, Mr. Kraabel said. since statistics show that the peak of the hospital load after the Civil War was reached 40 years after the cessation of hos- tilities. : America on Threshold of New Era, Says Coolidge in Talk (Continued from page one) our line of national defense,” he said. “It is the largest obstacle in the path of our economic develop- ment. It should be retired as fast as possible under a system of rea- sonable taxation. This can be done only by continuing the policy of rigid goverment economy.” Government Can Help Throughout his discussion of America’s position to other nations, the president referred to the promo- tion of peace as a great treasure. Especially, he said this government could be helpful in bring about a closer union with the republics of the western hemisphere by aiding inancially in constructing in- nal highways and in open- ing l’ 8 of aviation. “We have been drawn ii.to close relationship with other nations,” Mr. Coolidge said. x x x “We are more conce ned than ever with our foreign affairs. The wealth of our people is gomg ouf in a constant stream «° record dimensions for restoration and development in all pats of the world. We want our moral influence t be on the side of liberty, of education, of fair elec- tions, and of honest constitutional government, Where our obligation to our own citizens under interna- ion of the installation of th Eltinge theatre, whi derson will p ‘ organ has been used, and the ing one of the fines! The new instrument ble of w tibia, bourdon, trumpet, tibia, salicional, flu contra piccolo, solo unit. effect, bird, train, auto horn, fire gon, 000,600 for last calendar year. This represents a volume of production and trade far in excess of that which any other country — ever reache, It is the zeni‘h of our prosperity. All of this should be considered in any eae of the worth of our long-established policy.” Under the theory that more can be accomplished through govern: ment encouragement of private ini- tiative, Mr. Coolidge added, “We have sought to establish a system under which the people would con- trol the government, and not the government control the poeple.” ‘If economic freedom vanishes,” he said, “political freedom becomes nothing but a shadow. It has, there- fore, been our wish that the people} of the country should own and con-| duct all gainful occupations not di- rectly connected with government service. When the government once enters a business it must occupy the field alone. No one can compete with it. The result is a paralyzing monefoly.” Prosperity Brings Real Test The presidént declared that the economic results which have accrued to the American people b¥ placing reliance in he initiative and free- dom of the individual “is the very antithesis of communism but it has people to a position beyond even the promises of the. extremists.” xxx “We have demonstrated that we were able to mect adversity and overcome it. The test which now confronts the nation is pros- perity. There is nothing more likely to reveal the soul of a peo- ple. History is littered with stor- ies of netions destroyed by their own wealth, It is true that we have tional law have required it we have extended our help to those who were attempti-7 to secure these results. But we have refrained from med- dlesome interfercnce, . because we recogniz~ not only the righ, but the necessity for each people to work out their own destiny.” Government Ownership Opposed Declaring that the prefent posi- tion of the United States has been attained not by accident, tut by fol- lowing a carefully thought out policy, Mr. Coolidge held that two of the basic reasons for the na- tion’s development have been op- position to the principle of govern- ment ownership and maintenance of a protective tariff. He contended accumulated a small but a blatant fringe of extravagance and waste, nourished in idleness, and another desiravle class who seek to live without work. A successful people are always a mark for the vicious and the criminal. But these are conspicuous mainly by contrast. The great mass of our people, whatever their posséssions, are con- scientious :nd industrious, seeking to s:rve humanity. They know that the doctrine of case is the doctrine of surrender and decay. To the ef- fort which built this country, they are giving increased effort to main- tain it. The heart of the nation is sound.” raised the general welfare of the| he new Marr-Colton two-manual pipe just been completed, Organist 1 concert program from 7:15 to Tonight will be the first time the tinge now has the distinction of hav- and most complete th tre organs in the state. much wider variety of effects than the one which it replaces, having bourdon, trumpet, cello, flute, bass drum, kettledrum and cymbal on the pedal unit; contra viola, ite, vox humana, salicet, snare drum, tambourine, castanets and Chinese block on the accompaniment unit, and la, tibia, bourdon, vox humana, trumpet, salicional, flute, salicet, hedral chimes, xylophone, harp, chrysoglott and trumpet on the Speeial effects include sleigh bells, riangle, horse hoofs, surf g, steamboat whistle, siren, tom-tom and doorbell. Too Late ¢o Classify PALMIST and Phrenologist, Madam Lattimorelle here, 318 Mandan street. Reading hours: 2 to 5 and 7 to 10. Helps find lost articles. See her today. FOR SALE—One beret bar table, three chairs, * sectional bookcase, 1 bed, and bureau, one bed, dress- ing table and desk, music cabinet, Mahogany library, dining table, three chairs, two bedroom sets, music cabinet, breakfast table, four chairs. Call at 831 Sixth street. Phone 1131-W. ‘OR RENT—Nicely furnished room in strictly modern home, suitable for one or two. location. Phone 837-R, OR RENT—A large room in mod- ern home for one or two, Close in. Gentlemen only. Call at 415 Fourth street. Phone 1152. WANTED — Competent maid for general housework, Call at 605 Ninth street. WANTED—T®n aggressive men for positions in extensive garage and electrical service. Exceptional op- portunity for advancement as well as possible ownership of local business unit. Quick, sure profits. Short period of train-| ing required. Only small invest- ment necessary. Write imme- diately. Confidential, Box 877, | Aberdeen, So. Dak. FOR RENT—One nice clean large front room, suitable for two gen- tlemen_ preferred. Also garage, room for two cars. Call at 608 Third street or phone 415-J. Call evenings after 56, M. HOMESEEKERS (ONLY)—Excur- sion to Southern Texas, and side trip to Old Mexico. fares $50, man and wife round trip from Hicneapell meals and berths included, for an eight day trip. Special cars leave Minneapolis each Friday night! during December. D, T. Owens & Co., Bismarck, N. B. ‘OR RENT—One single furnished room suitable for light housekeep- ing, city heated. Bismarck Busi- ness College. Phone 183, WANTED—Some reliable party to assume balance on a $600 piano, 1 customer can not fini: 8. Piano just like new. -Make ycar own terms. Phone 290 for appointment. WANTED—Piano player for trav- eling show, male or female. G Finest}. Cold mornin; starter—no Scheuhun wh —press the — perfect Texaco Motor even at zero, car you own, new or old, is listed on the Texaco Chare at every Texaco Service Station, with its correct grade of Texaco Motor Oil. This matter of oil is viral, espe- ially at chis time of the yéar. It’s your car, it's your money, and if there is a better oil you want it. And there is a better oil—cleas, clear, golden TEXACO. ~< TEXACO GOLDEN MOTOR OIL 12.25@13.00 to big packers, few Sheep, 8,000; fat lambs active 15 * @25 cents higher; good wooled comebacks and natives 13.75@14.10; + quality of run improved; choice fe lambs held around 14.35; good to vice range lambs held above 14.15; scattering 100 to 130 pound buck Rambs = 11. 12.00; culls 10.50; 11.90; sheep ly; fat ewes 6.25: 6.75 mostly; feeding lambs scarc about steaoy; plain offerings 13.00 @13.50. at Patterson hotel Sunday evening. Ask for Hollin.| Dance tonight at Menoken, Lockwood’s hall. Good music. New and old-time dances. , 1.23% 1.23% 1.27% 1.27% 4 mixed corn To arrive . 1.29 1.29% |5 mixed corn 6 mixed corn 9942 |2 white oats. 00% |3 white oats 01% | To arrive . 4 white oats 46_ | Barley, ch to 47% |_ To arrive ... 48% | Barley, med ,to To arrive 2.04% | Barley lower gds. 2.041% 2.06% 2.04% 2.05%] To arrive . 213 2.14% 213 214 |2 rye .... To arrive . 5% 515% IG -75%|No. 1 flaxseed -16% .76% .75% .16% To arrive . DULUTH RANGE Nov. 18 Open High Low Close 1.22% 1.22% 1.22 1.22 | yellow 88%. 1.22% 1.22% 1.21 121%] Oats No. 2 white 50%4@51%; No, iM 1.26% 1.26% 1.25% 1.25% |3 white 49@51. | } y = _ 1.00% 1.00% 1.00 1.00 ‘Tas 1.04% 1.04% 1.04 1.04% 2.05% 2.06% 2.05% 2.08% 206" 2.07 2.06" 2.06 214 214% 2.13% 2.14 that “any material reduct‘on of our gen_rcl tariff rates would ultimate- ly result in a dwastic deflation me agricultural and industrial values, in the rate of wages, and in the standards of living.” “Under our present system,” the president said, “our foreign com- merce has reached the highest peace-time record and our national income has steadily increased to the enormous proportior.s of $90,000,- Hear the new Marr- Colton Organ, Eltinge Theatre, tonight. May RB Dec. March May Locate this sig May Dec. May 69 @... 99%@1.01 2.05% @2.12% 2.05%@ CHICAGO CASH GRAIN Chicago, Nov. 18.—)—Wheat No. 8 red 1.34; No. 1 hard 1.29%. Corn No. 3 mixed 83% @84; No. 3 — ‘ SOUTH ST. PAUL LIVESTOCK South St, Paul, Nov. 18.—(AP)— : QU. 8. D: of A.)—Cattle 2,200; slo e& Mominally steady on steers “= cars warmed ups early 11.65; grass- é ems 10.50 down; she stock mostly 4 @ 8.50; cutters 4.75 @ 5.5 ‘walehty modium grades 7.00; lighter ‘ ty jum g) .00; r Kits below: stockers and. feeders | Nv" # unchange@; run includes train west-| yay scheduled to arrive after noon 800; vealers steady | nec, ee conte higher; largely 11.60 for) yyq, oa 17,000; slow, weak to mostly | nov, Dec. ‘Ask for TEXACO by name. when it is poured. Barley 79@87. ~ Timothy seed 3.40@4.15. Clover seed 22.50@29.50. Lard 12.00, Ribs 11.00. - Bellies 12.25, CHICAGO POULTRY Chicago, Nov. 18.—(#)—Poul alive, fowls and springs firm; $1.05 | ance easy; receipts 11 cars; fowl: 1.03} .17 to .21; springs .18 to .23; tur- 1.08| keys 88 to .42; roasters .17; ducks e .21 to 22; geese 20 to .21. 1.85 MINNEAPOLIS FLOUR 1.80] Minneapolis, Nov. 18.—(—Flour as ieee shipments 42,773 bar- a Take A Look! “Look at my new shoes? 1 could do to keep from Guess my Fiors! 725 cents lower than Thursday’ |ARCK GRAIN by Russell-Miller Co.) marck, Nov. 18 weignt 208| NO } dark northern . BISM. (Furnished Bis: F lk sows fe cost Thursday 8.56; Your Grain to— McCarthy Bros. Co. Established 1885 GRAIN COMMISSION -- MERCHANTS discount won| & Hasttond Pee TO ih five cento| & Maine rai