The Bismarck Tribune Newspaper, December 9, 1927, Page 2

PAGE TWO GRAIN LIVESTOCK GRAIN PRIGES - GO DOWNWAR Fresh Selling Pressure on Corn Market Gives Material Setback Today "Chicago, Dec. 9.—(AP)—Fresh + seliing pressure on the corn market * both from holders and from specu- = lative sources tended early today to + pull down all grain. It was pointed ; out that, although corn supplies ar * apparently 64,000,000 bushels less * than last year, present corn prices * are also much higher. Starting un- * changed to a % cent off, corn today = underwent a material setback. * Wheat opened at 4% cent decline to * a % cent advance, and then aver- = aged lower. Oats followed corn, + Provisions likewise sagged. is Corn traders seemed to 2e a good = deal influerced today py_asser.ions * that despite smaller available total ~ supplies of corn this season than | { last year, values are much more > than correspondirgly higher than | * the quotations current at ihe cor- «3 responding time in 1926. In t ~ connection it was asserted by som < authorities that under such circum- * stances anything bullish i the corn $ situation had been more than dis- * counted, 2 Increasing arrivals of corn at leading primary centers counted fur- | 2 ther as a bearish influence. Yes- - ‘terday's official arrvals at the = amain terminals totaled 612 carloads = as against 415 cars a week previous * and 362 cars a year back. - Kansas Ctiy, Chicago and Omaha = were conspicuous for liberal re- ~ ceipts, Kansas cae in particular : showing 245 cars a¥ainst 21 cars on - the corresponding date a year ago. » WHEAT EXTREMELY DULL _. ON MINNEAPOLIS MARKET = Minneapolis, Dec. 9.— (AP) — + Wheat was extremely dull through | = most of the session today and prices = esaed 3-8 @ 1-2 cent under yester- “day's close, ~- Oats sagged 3-8 @ 1-2 cent with corn, May rye eased 3-4 cent on a light trade. Mild ease prevailed in barley fu- tures, May dipping 1-4 cent. May flaxseed sagged a 1-2 cent early and ruled dull. Cash wheat offerings were larger See eeerbeceny than indicated by posted receipts, but there was not enough to make a real market. The general market appeared firm and unchanged. Win. ter wheat was nominally unchanged. Durum was scarce and firm. Corn offerings were small and de- By Associated Press Leased Wire MARKETS CHICAGO GRAIN TABLE Dec. 9 Close Year Ago 1.87% @%s Yesterday Wheat— . Dec. March May Corn— Dec, March May 1.31% @% 1.33% @% 885%, 1.39% @% 74 Dec. March May 49 @% 80% 06% 12.22 12.22 12.20 * 13.25 13.35 14.00 STOCKS HAVE SHARP RALLY Speculative Sentiment Follows Belief Top-heavy Position Is Corrected New York, Dec. 9.—(#)—The stock market displayed a complete reversal of form today, rallying sharply after an opening period of weakness. The sudden change in speculative iment was not con- nected with anything in the day’s news, but appeared to be on a belief that the recent sharp reac- tion had feiriaite corrected, at least for the time being, the top heavy position created by last month’s rapid advance. Call money continued in plentiful supply at the renewal figure of four per cent, and a more ei feel- ing was apparent regarding a con- tinuance of cats money rates, The weekly mercantile reviews reported a quickening of retail trade with the approach of the holiday season, and a whole flock of favorable dividend rumors was again in cir- mand wag quieter, the market un- dertone early in the session being easy for off-grades. Oats were quiet and steady. Rye was quiet and steady. ii Barley was inclined, to drag. + Range was nominally 79% .87. Flaxsee wa. nominally hanged. CHICAGO LIVESTOCK Chicago, Dec. 9.—)—(U. S. D. of A.)—Hogs 17,000; better grades 180 pounds down and pigs 15 to 25, cents higher; others strong to 10 cents higher than Thursday’s aver-, age; top $9.00; some hele higher; bulk desirable 210 to 300 - pounds 8.70 to 9.00; 160 to 200 pounds 8.35 to 8.75; most packing sows 7.75 to 8.10; lightweights upward to 8.25 er better; bulk Epa ee pigs 7.50 to 8. heavyweight hogs 8.40 to! 9.00; mecium 8.75 to 9.00; light $8 to 8.75; light lights 7.50 to 8.60;, pack sows 7.25 to 8.25; sloughter) Pigs 7.15 to 8.10. Cattle 2,000; fed steers in medium supply, practically steady; top 15.25, for 1,145 pound weights; few slight i fed 10.25 to 14.75; she stock mostly ey; calves unchanged; few to, Hf outsiders at 14.00; bulk 13.00 to) ny 13.50 to big killers; bulls un-| Li changed; stockers and feeders in ii . only moderate demand; undertone! 4 | i} un- fl & tending lower. | Sheep 10,000; opening slow; early rading confined to heavy and plain-! #8 cr lambs. selliag around 14.00;! strong; best hanyweights held around 14.50; sheep and feed- ers steady. i ———_ SOUTH ST. PAUL LIVESTOCK: _,,South St. Paul, Dec. 9.—(AP)— (U. S. D. of A.)—Cattle 1,700; ac- tive on all classes at week's uneven advance; odds and ends steer $9.75 to $11.75; number cars Canadians ‘Wednesday $10.25 @ $11.00; one car|” to $12.00; she stock mostly $6.50 @ $8.00; cutters $4.75 @ $6.00; bulls $7.25 down; little done on stockers end feeders. Calves 1,000; steady; good lights $11.50. Hogs 6,500; very little carly ac- tion; bidding $8.25 @. $8.35 for de- sirable lights and butche.s; about steady; asking strong to 15 cents ao “bidding: $7.50 @ $8.00 for light lights, mostly. $7.50 for pigs; @verage cost Thursday $8.19; weight 205 pounds. Sheep 700; run includes 14 cars new 3 culation. Rails were again. in the forefront of the advance, Southern Pacific selling at the year’s high on buying influenced by expectations of an early increase in the dividend. St. Paul issues also were heavily bought in anticipation of an early and favorable decision by the inter- state commerce commission on the application for issuance of new se- cuaiew under the recapitalization plan, Airplane stocks were heavily bought on the belief of a substan- tial expansion in commercial air routes next year, considerable stress being laid by their sponsors: on Presid-nt Coolidge’s favorable comment in his address to congress, Wright Aeronautical soared seven points to a new peak for the year, and Curtis Aeroplane also reached high ground. sudden in temperature was regard- ed as an important factor in the strength of the elcofiol stocks, United States Industrial Alcohol soaring seven points, Transue and Williams, which is reported to have large Ford con- tracts, moved up four points to a new peak, more than doubling the year’s low. The accumulation of Greene Cananea Copper, which ral- lied from 113 to 121, after having sold below $30 earlier in the year, was based on the discovery of a rich ore body on its property. Ameri- can Locomotive, International Tele- Phone and Western Union also re gistered sharp gains. CHICAGO CASH GRAL Chicago, Dec. 9.—(AP) No. f northern spring 1.30 1-4. Corn new No, 4 mixed .82 1-2 83; No. 3 yellow .88 @ .89 1 ld No. 3 mixed .88 1-2; No. € yellow 87 @ 89. Oats No. 2 white .53 1-2 @ 56; No. 3 white .53 @ .54 3-4, Rye No. 1 1.10. Barley .85 @ .93. Timothyseed 3.00 @ 3.75. Cloverseed 21.50 @ 28.50. Lard 11.52, Ribs 11,00. Bellies 12.00. BISMARCK GRAIN (Furnished by Russell-Miller Co.) Bismarck, Dec. 9 No. 1 dark northern . No, 1 northern ... —r Open « 1.28% 1.31% @% 1.33% @% 88% 9255 1.27% 1.31% 1.38% 87% 91% 1.08% 0 2 830 12.40 12.10 12.42 11.37 MINNEAPOLIS CASH CLOSE Minneapolis, Dec, 9.—(?)—Wheat receipts today 71 com to 127 a year aog. bole cash wheat and coarse grain closing quotations sy ens t ard spring, fancy Montana .. 1.51 To arrive fanc; To arrive ard sp! To arrive 1 DNS, gd to choice. To arrive ........ 1 1 DNS, ch to fancy. 1 DNS, ord to good: , ord to 1 dark northern To arrive 1 northern To arrive 1 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 good 3 northe 1 hard (Mont.). To arrive ....@.. Minn. & SD, 1 dark Minn. 'o arrive .. Fey 2 amber durum. 1 amber durum..... To arrive .. durum .. To arrive 2 amber du durum .. rion % 1.15%@ «+ 3 durum .. 1 red durum: To arrive .. 5 yellow corn. 6 yellow corn. 2 mixed corn. 3 mixed corn. No. 1 fla: To arriv MINNEAPOLIS FLOUR Minneapolis, Dec. 9.-(AP)-Flour unchanged; shipments 17,989 bar- rels. Bran 30.00@30.50. CHICAGO PRODUCE Chi Dec. 9.—(AP)—Butter ig! ei ° 47%; ipts 4,429 tubs; ery ‘extras 51%; standards DULUTH RANGE - eee Doren BM ese Dec, 1 Ma: 1.25 x 1.25% 124% ist Dec. 1.01% 1.01% 1.003 May 1.056% 1.05% 2.04% inet Dee. 2.07% 2.08 - 2.67 May 215 218 psy Sige STORM MOVING EASTWARD, BUT COLD REMAINS (Continued f; page homes because of the bp aterell had been made comfortable in mine buildings, BISMARCK HAS 28 BE! AGAIN DURING LAST NIGHT While Bismarck’s thermometers once again hit the low mark of the winter, 28 degrees below zero, be- tween midnight and 1 a. m. today, promise of slightly warmer days ‘was carried by a get snow that falling about 9 a. m. pe continued to pend throughout western North éta but reports from over the state indicated: that it was shemy warmer and that the back of the cold snap had been broken, oO. W. ae aad tte arenes » today issu e forecast that snow was probable next 24 hours but that the id weather was at an end for a sa at least. jismarck was the coldest spot in North Dakota during the night while Fargo and Jamestown rt. ed 23 degrees below and Minot, Guana aries and ag ted e mperatures rangi - tween -16 and -19. - WwW Roads Blocked Roads in the vicinity of Eee were still blocked in many places by huge drifts and road workers re- pe that the hard crust f yy lormed the stiff northwest wind of Tuesday and Wei: ing the clearing of the highways a Petiebings Minne again ing, sota, once climbed or ar d to the unenvia- ble position of being “one of the be-/on a shoal an 12 p. m. midnight—27 below, 3 a. m. Friday—80 below. 6 a. m. Fritey—34 below. 9 a. m. Friday—34 below. Subzero marks were generally re- ported between Helena, Mont., on the west, and Sault Ste. Marie, Mich., on the east. Prince Al Sask., was the coldest north with -82 and Pierre, 8. D. the Inesday was mak-| tod When the seventieth congress opened the other day these four women took their seatst the house of representatives, They are, left to right, a top: Mary T. Norton, New Jersey; Mrs, Edith Nourse Rogers, Masea- chusetts; below, Mrs. John W. Langley, new appointee from Ken and Mrs, Florence P. Kahn, California, 28 below, in that state, and Huron, 8. D., reported 18 below. . SCORE OF GREAT LAKES VESSELS ARE OVERDUE Detroit, Dec. 9.—(AP)—More than a scure of vessels in the Michi- in area of the Great Lakes, ht in the gale which lashed the region for two days, were and Kepler oat lay and fear was expressed for the safety of several | boats known to be crippled and in distress. No lives have been reported lost, but the toll of damage and destruc- | tior. to shipping is mounting rapid- ly. The storm diminished somewhat lay. | | a reports at Houghton stated that the 5,500-ton steamer Altadoc was driven ashore off Ke- weenaw Point and badly : Reports were that the crew was safe, but the Se vessel was fast going to pieces. ier, Jenk! jteams ship company freighter, out of Port Colborne, Ont., was reported miss- ing and fear that it had foundered was expressed, although no details were available. The grain freighter Agawa, blown on the shores off Manitoulin island with 22 men aboard, was re breaking up with the crew preparing to abandon h The steam Hamonic, Midland Prince, and Oglebay, upbound from Sault Ste. Marie, pociens as were the Saskatoon and Selkitk, upbound from Port Colborne. At least seven downbound grain vessels are overdue at Detroit. REMUS’ DEFENSE RESTS Cincinnati, Dec. 9%—(AP)—The defense in George Remus’ murder the difficult ym ic duties it an killed, the| trial rested today after 12 days de- due at 11:35 a. m., was chalked Pp. m. or later Nos, 8 and 7 were also from two to three hours GALE DOES DAMAGE ALONG GREAT LAKES New York, Dec. 9.—(AP)—A northwest fag that sent tempera- tures to sul iro in some places to- day left the eastern section of the country to recover from flood con- ditions and restore paralyzed ping. estimated at hundreds of thousands, of dellars and at least ‘were reported as the storm abated. In the face of the storm and boats left for Fort Willen ond lor Arthur, Ont., with 3,474,000 bushels extra firsts 47%4@49; firsts 41%4@|° 44; seconds 37@3%4. Eggs lower; receipts 2,784 cases; Named Envoy "voted to an effort to prove that he ‘was temporarily roemtanty insane when he shot and killed his wife, Imogen last October 6. COMMITS SUICIDE Spokane, Ws Ed Aymond, t came here recently from Minot, N. D., is dead from a bullet wound, believed to have been self- inflicted on account of despondency over unemployment. Mrs. Minnie Halligan, who said she came here with Aymond as a housekeeper, is held by police pending {prther in- br about the Minot man’s He (contin Diner: PPNot after she finds I've given| available. Answers, mine to her cook.”—, ANOTHER COLD WAVE COMING ‘Winnipeg, Man., Dec. 9.—(M— With no sign of relief from the in- tense cold hisoa, where Tewoon Ott recorded|. Elaine: a low of 48 below early today. | FOUR AVIATORS KILLED Tokyo, Japan, Dec. 9—(AP— é know. Four Japanese aviators were killed fim —Lite. left vacant b; BARE FACT Waiter, I asked bring my salad without the Waiter: » sir—but we not. pind yt one) lettuce in Vintila Bratianu (above), ian cabinet officer, has s1 = ee eee ALL ie: yu partner— She: Oh, Toor, this is so sud- m ttle time— —for the next asFhe'(continuing);—to catch the last fox-trot yet—Answers, PROPER APPROACE last night when two planes collided while flying over Omura. One ma- chine burst into flames. The pilot ‘and observer in each plane were my baat 2 FRIDAY, DECEMBER 9 Godiva Is Kept Idle St. He became suddenly il! at le aneieey ly Fed lags een = Would Save Mi “It wouk . vw. at ef 325 “itl Rd L [ i F F i 5 i g g é = wr ba # : i i Ht l ri FE i ‘ HEE, 2 “azote ee at Rg. iF bald inutl “Fy a ii ee ; af wePE it a | i a i ict Ff #s ¥ i i i ® F § & Li fi i 33 if Hi : at i 7 % f i i fl i? A f i : ii geak rH a HE i i : il F Fig i ® Montana lambs on through billing; around 600 head on sale, mostly na- | Ne i et an f tives and Dakotas; early bids fat|No, 1 red di : lsmbo, ended espog Si 50 oar: No, 1 flax wethers steady to strong; |No, choice lambs very scarce. ie ie mitt @ 138 6-8; northern 1.22.5-8 @ ple grade dark northern 1.24 5-8, Corn: Olde 7 Oats: No. 2 white .54. +2 Rye: No. 2101 1-8, sil : tshees a MINNEAPOLIS RANC® ¢ i : i ; Inited . is MOT mass te fee |e & li li i > i iE Figi 1