The Bismarck Tribune Newspaper, December 2, 1927, Page 3

WHEAT PRICES LAG; CORN UP Active Buying and Sharply Higher Prices Develop in Corn Market Today Chicago, Dec. 2.—(AP)—Active buying and sharply higher prices developed in the corn market today whereas wheat was inclined to lag. Some export business in corn at the Gulf of Mexico was going on and estimates of European corn Production indicated a total 27 per cent under last year. Some of the buying of corn today was against simultaneous sales of wheat. Corn closed strong 1 1-4 to 1 3-4 cents net higher; wheat unchanged to 7-8 cent up, oats at 1 to 1 3-8 cents advance and provisions un- changed to a rise of 40 cents. od ‘pnb ecentia today put the Argentine e: sur- plus wheat at 1 ,00C bushels, not including hang Pi Austral. | > advices were noihad at hand; owing a riod surplus than was looked for days ago. beibebend out also that Canada has o; far sold considerable less wheat to! date than usual, and asserted that this means further competition from that country. Meanwhile, the February delivery of wheat in Argentine was quoted today at much lower than| either United States or Canadian wheat. On the other hand, bulls contended tha. statistics ing to show an excess of wor! nate do not carry -weight inasmuch as actual supplies a export countries indicate pa close just: nt, and that wit! Europe at full shipping premium in North American-markets can be ex- Pected to lead an upturn in prices. MILL CITY MARKET IS DULL AND DRAGGY jinneapolis, Dec. 2.—(?)—Wheat was dull and draggy through most of today’s session, but there was a short-lived flareup around midday, when prices advanced 1-4 to 1-2 cent above Thursday’s close. Ab- sence of pressure was a feature in all_markets. i Oats dragged fora time and turned strong with corn, advancing 1-2 cent. Barley futures ruled firm to strong. Rye declined 3-4 to 7-8 cents and rallied with other grains. Flaxseed sagged 1 1-8 to 2 1-4 cents on Argentine weakness, but rallied with grain. and there was little competiti Demand was fair and the trading basis was unchanged, Winter wheat; offerings were practically nil. Choice durum was in demand afd group of ordinary was quiet. Corn offerings were moderate and a good demand existed for old and low moisture new crop corn. Oats were in good demand and Flaxseed demand was quiet to fair and offerings were light. CHICAGO LIVESTOCK Chicago, Dec. 2—(AP)—(U. 8. D. of A.)—Hogs, 22,000; fairl tive to shippers, small killer: ers; better grade hogs 210 pounds down; 10 to 15 cent higher than aver... on around steady with best prices; heavier weight te desirable 210 5 300 peued. weighs lesirable wel 8.65@' 60 to 200 te : piss 4.25@7.50; selected to 7.75; bulk packit iar ier eee ane 4 vyweig] ¥ medium 850@8:10; light 80008 I lights 7.25@8.50; packing sows seats slaughter pigs 6.75@ * Cattle, 4,000; no. well finished steers here; lower grades less active than Thursday to weak;! Wheat— bulk sellign at” 12.00 downward’ ts, Dec 10.25; she stock active; strong;, cut- ters and common medium fat cows and heifers predominating; bulls! s vealers 25 cents lower; most Dec. —-1.08 oe 08% bay 1.05% 1.05% 1.04% 1.04% Dee. st yj low cutter cows 5.25; strong cutters up to 6.00; vealers 1: Sheep, 6,000; shippers active for light supply; choles lambs; fat lambs fairly active; 15 to 25 cents higl Th choice lambs up to 14.40; best higher; good 14.00@14.25; heat uae 13. (3.85; desirable fat 75 most- 3 feeding lamb ot qual- ¥ Sinn pis of aac, 80. ST, PA! South St. (U. 8. D. of. strong iL 3 BF 3° tise; il i . Wheat— Dec. March May Corn— Dec. March May Oats— Dec. March May Dec. March May Jan. May Ribs— Dec. Jan. May Bears Bellies— Dec. Jan. . May Bear 12.57 12.45 13.90 18.80 14.70 1245 ‘MARKET TREND STILL UPWARD clearances from Week-end Profit Taking and weights, round Selling Impart Some Irregularity ere eae Honal. bear selling imparted some ee ey to the price in movement today’s stock market, but the main tendency seemed Trading was mous volume, but the ward. again tic! fairly close to astual market by call money renewal to and the belief that the rapidity the recent advance {i had weakened their “sentosin and ket radjustment thie tomporariiy at least, at 4 industrials to. the rails, Cash ‘wheat offerings were ‘ia dian Pacitie, leboni soared ion. 10 points, as out technical mar- made a-downward from the with more than tatanding indi- vidual feature. Bullish operations in the indus- trial list Biscal Port Cananae Ww: Taxas, cenneed el in a select special rd includin; co} sacar afternoon. in New York Central, Dela ‘Wabash. Hudson The closing was strong. Extraor- dinary buying of investment rail- apeal prefel Nerthern five to six. Greene Ca- nanea Copper wag run up 13 points. 3 ae sales approximated > shares. 3,900,000 EAPOLIS RANCR si Dec. 2 March _ Marck her than 3 Dec. De. Dec, Open. High Low Close 25% 1.25% 1.25% 1.25 iat 1" tan pet 180 1.80% 130 1.80% 103 108 1a 51 49% 48% 51% 50% 52% 51 48% 51% 53% 208 208 206, 207 213% 2.18% 2.11 ° 2.12 ‘1% 20% .0% 70% tot Bt Bt DULUTH RANGE Dec. 2 : Open. High Low Clese Durum— 4! Dec. = is” 1.90% 1.19% 190% 125% 124% 1.25% Lome 03% 108% 1.08 York Hea 2.09 1% 1.07% ., 200% 208 2.06 2.14% 2.14% 313 2.14 1.02% 1.10 1.20 uf" 12.37 12.62 @70 11.62 12.00 frei Batley, met to gd.. 80° @ 41 20% gs Me @%4@% 51% 53 55 108% . 1.00% 1.00% 11.77 12.85 12.62 12.50 12.80 ned 12.00 12.60 - 11.95 12.25 12.75 )—! toes: demand ; carloads few sales 1.25@1.30. eee 1 northern spring Corn: Old No. 4 Dec. No. 3 yellow 93 1-2 @ .94 Oats: No, 3 SALES linneapolis, or a a are club Hi work of the dark northern 1.27| past No. 2 dark northern 11 3-8; No.3 dark/the to 1.30 1-4; durum 181 3-8; hye: Ne 3 NO. Flax: No. [-}-F a] ane ts esepecentonononeto tt ttt etes sbslizes ii side ea Tcocotote = 3 a ii z | No. 3 white .54 white 52 1-3 No. 3 1-2, lo. 1 1.25 1-4 ; No. 3 1, 1.02 3-4. " exe 52% % Ye % % %O% 1.10% is 1.10% 11.75 12.25 12.76 1.40; Idaho sacked rugsets No. 1, 1.50@1.65; partly graded 1.25@1.45. atte Dee. 2-—(AP)—(U. S. D. of Potatoes: - it wire inquiry; whites U. S. No, 1, GO CASH GRAIN Chicago, 3.—(AP)—Wheat: No. 3 hard 1.81 1-3 @ 1.33 1-3; No. 1.30. mixed 88 @ .89; ‘13 © 56; @ 54 3-4, 1, 2.08 3-4: to 221, A Sample grade 80 MINNEAPOLIS FLOUR - ss “a SF i itil 5 ald * [county for the future was No. thustasticalls received by the No.2 mixed] sembled business men. low No. 6] @. ; white 40 12 to || Personal and to 81; Minnea) Minn., Dec. 2.—(#)— barrels, THE BISMARCK TRIBUNE a hhert ae 9 testi « hovers To arrive. No, 1 flax seed To arrive . sibec? Fa. 2 B Son Must Go to Jail For Beating Father on Thanksgiving Day Because he beat up his father on ‘iving day, “rank Ereth, a living near Odense, days i. the' Morton pay a fine of $25 and 1 FF Hi he was anxious to reach the Prison as soon as he could be there. He was penitentiary about 11 p. m. and the photographed and put @ cell. Myer A crime solved hd the slayer Ing to expiate Den- it jalty for the murder, officials today took cognizance of a few of the pe- cullar aspects of the deed. John- son, a well-dressed and good-look- ing youth, at first was doubted to be implicated because of bis general appearance. He was brought first to the attention of officials largely because of the fact that he was & former roommate of the murdered No Motive Given Fee ge “Oh Skinnay! Yoo Hoo, Com'n over and slide. passed up an opportunity to loot the safe in the same room where the cash register was located, al- the safe. He ascribed no motive for the slaying, and could only ex- came over me,” which he could not) describe. “‘Rudy’ was @ dandy fellow—I ought to be where he is tlow— dead,” was the sorrowful tribute all these streets have been designated by the Mandan city fathers as coasting streets. e city commission a Wrbiin nen meeting y mi a the thibe hickways fof the ehiliven and signs will be erected warning pedestrians and street traffic. These Which siding wil be permed. wi 3 permi . Parents have been warned that their children will be placed under arrest if found hooking their sleds to vehicles of any kind, this bei 8 violation of a specific city nance. whom he had killed, after he detailed his confession in the dail. er’ office at the county jail. “I don’t underatand what ever caused me to do it. I didn’t need the mon- ey—I could have gotten money from home any snd rai ie lies 10 fi .’ = Mie eae rol ee ne ag age ig Scheduled For Mandan) sitove pathetic, moron ato bis Beare eyes, suddenly cried, “I di ea a 5 Mandan’s chance to show its faith| For more four hours he in the Greater North Dakota associ-|been undergoing a continuous ques- ation will come next Tuesday when| tioning in the jailer’s office at the local teams will canvass the city for| county jail in the presence of 1928 memberships, according to an|W. nf Slaybaugh,: A\ Oo. B. announcement of H. S. Russell,|Herigstad of city, who is a . former state's attorney of Ward In conjunction with the announce- tient, James S. Milloy, bey ex- ecutive secretary, addressed the reg- ular weekly meeting of the Rotary Until a halt hour Tuesday where he outlined the associatio. during cpgtenlaies made, in a chair, always, the vision of the dead boy seemi before his eyes, and “swore to I didn’t kill Rudy.” Then his eyes dro the Hie report of past progress and en- as- i i rently becoming cael conten mailacen in his Social News of Mandan Vicinity ° t yeput the questioning and the dis- Dr. L. G. Smith, who has spent the past week in Minneay Te turned to Mandan Thursday.” Mrs. Matt Crowley of Hebron has t the past in Mandan as guest of Miss Ethel Haight. In robbing the garage, Johnson | sion, plain it by saying that “something | stepp; which Johnson paid to the ch ceed | i °s PARTY CAUCUS (Continued from one) vote on farm relief ‘legislation, but some this found those who Nary-Ha: MATTERS Washi sail corrsoreraas senate First” sess and unanimously nominated Moses of New Hampshire to suc- himself as president pro tem- Nomination for two other senate » secretary and arme, went over until a f ference tom gram officers but with the farm relief questi ion. my ip Sheriff | part; county, and sien C. Dobson, city itor of the News. for the e Previously Denied depend: Johnson had sat | had considered ‘he later said, with | independents. tween Repub! toward the (reer wore co floor and for several minutes he re-|ization plans. Curtis to At the presence continued to talk about the / Curtis of was ant 6 sotto lr ig that it was more portan: an agricultural meastre out though he knew the combination to] ALL CONTROVERSIAL ESTEPP! Nye Attends of the i chosen vice chairman and assist- leader; and Frederick Hale of their 3 Ne of ; Moses; Utah Reed of Pennsylvania; Edge of New Jersey; Goodin of Idaho, and le of Nevada. t|/ Americans Reach :| Highest Material (Continued fiom of American industry di rm cent eae most to “ Hi standards of living.” Per Capita Output rer pee products it puto} sural ucts in- creased about 47 per cent,” Dr. 248 per cent, and that of manufac- tures aout 178 per cent, while the volume of railway service increased t from by 199 per cent. Meanwhile ‘voted t the Mc-/Jation had grown only about 5! bill at the last ses- 80 thai ita cutput rose s-| also by about 55 per cent.” “Even that comparison” it was added, “failed to measure fully the Progress in production, since larger | piebeaned of the country’s popu- lation in recent years have in fessional, mercantile, and, se occupations, rather then in actual production. “The true causes of the prosper- ity and economic es of the country are not diftleult to discern,” » Durand continued. the foundation lie the rich the country, ne taxed sive population, and the Lege beserd and att'tude tow: f ti it, at fer'cons|°" producing population. page committee, matters, blicans perfected their see gay for the congrees George resources of ihn in considerab reer r serra attributable ie opening of new resources, but during the past quarter century this has not been a uence. The principal factors in the recent increase in juctivity are what may be called human ar distinguish- ed from natural factors. ne of the most profound modern tenden- cies is the swiftly expanding use of electric current.” Fore! with these its at- ‘ign Trade Increases For the Bureau of Foreign and good. ~|Domestic Con.merce, Dr. Julius Durand said, “that of mining about 'S,,¢ pe pitted in Per ‘Al Capone and by an exces- fair. Rises 1925 the out- Jf Hl with the hit Temperature and ly, 2 below at 7 a. m., coldest ight 12 below st 10 p. m3 ; St. Clouc—Cloudy, 14 below; ‘ Minot —: Cloody, 11 \elow; roads Rochester — Cloudy, 6 below} "Jemectt wa — Sowing, 6 below; ' um > “In our earlier days, advance was roads fair. if Hibbing—Clear, 26 below; reads Fargo — Cloudy, 8 below; reste Duluth—Clesr, 18 below; reeds ‘Winona — Cleat. & belww; rosds good. os ‘Mankato — Partly cloudy, 11 bes wGraod Perks — Clesr, 11 below} » 18 below; reads Devils Lake—Clondy 11 below; Klein, its chief, pcinted out that roads American foreign trade todty resented 16 per cent of the world’s corepsonel coh "ti per ‘at Be| rej only cent le} predicted that “manufacture goods will continue to gai in relative im-' tance i: our expert trade,” while of population at home in} wil}, carey tnt wees sumption of a larger ir proportion of foodstuffs and raw ls produced by our farms.” He foresaw vigorous competition for foreign trade ia th future, but predicted that <.it] proper effort sjon the part of in business again| men, “we shall be able to maintain our share of the steadily expanding ofl world commerce.” . Extra! — Extra! For best results ship Your Grain to—. All about the big—” You don’t ignore the newsboy when he shouts that at you. It’s a promise of. news. Your hand goes into your pocket. You want:to find out. . You’d be a tame sort if youdidn’t. There's. thrill about news. Newsis News.about what? Fires, final scores, murders, politi- cal happenings—a hundred things. Or about a new contrivance called “radio;” or a new. model of automobile; a new style in topcoats, or hats, or razors—news! y : - Allof itis news. The news about many things comes to you in the form of advertisements. To miss the adver tising.isto missnews. 2. News about: the things you use every day, the things you'll buy tomorrow or next month. It is news that you should.read to keep. yourself well posted about the big and little things of daily life. " Don’t skip the advertisements in this newspaper. ‘vertisingisnews. Don't Miss the Advertisements! 1 " Phone 32 oe 4 Ad- Oy