The Bismarck Tribune Newspaper, January 20, 1928, Page 2

PAGE MARKETS | By Associated Press Leased Wire COLD WEATHER | BOOSTS MARKET ' ‘There Is No Snow Blanket May Be Affected Close Close Yesterday Year Ago March 1.29% | May 1.3044 tae duly % 1.30% @% Corn— March Wheat— 81M @* 842 @% May July Oats— iow did a good deal to turn the ‘March wheat market upward early today. Meanwhile, corn values were easy owing largely to improved condi- tions for the movement of corn to market. ning unchanged to a 1-2 cent higher, wheat subsequently Scored gi all around. Corn started at 1-8 to 3-4 cent decline, | but afterward rallied. Oats were 7 . Provisions advanced. In addition to misgivings rela- » tive to likelihood of cold weather damage to unprotected winter wheat (in domestic territory, peci southwest, buyers of whe: a took notice of an unofficial est mate ‘current that the Argentine it yield will total 238,550,000 » bushels against a previous estimate Pof 243,797,000 bushels. Figures ‘were also out purporting to show that the world’s available wheat increased only 52,550,000 seed ithe year situs ats 5 lying power showed by the “€orn market at times today was as- cribed to wheat strength. There were aiso advices that the 1927 Italian corn crop estimates had been reduced nearly 12,000,000 bushels! ) and is now more than 29,000,000 bushels under the 1926 total. ‘On the other hand, sales of corn today to arrive in Chicago were larger, and receipts at Kansas City as well as Omaha and St. Louis were liberal. MILL CITY MARKE~ FIRM AND QUIET Minneapol Firm. pmess and quicé marked the wheat ‘trade through most of the session Ptoday. A draggy tene in corn was check on buying. Oats were quiet and firm. ; May rye moved up one cent. : barley gaine cent. . M flaxseed a ced % cent fend fell back under Thursday's lose. Cash wheat offerings were mod- rate and met a quiet to good de- mand, dependin.; on quality. High protein continude fi to strong, Snedium choice was in good demand and firm, while czdinary to poor eight and protein ruled quiet and AB% AB @% 52% 1.09% 1.0332 1.09% 1.00% 1.04% 12.32 12.67 15,75 14.75 11.92 12.22 11,00 11.42 12.40 12.80 18.50 16.25 weight, without bids; other classes steady; cutter cows 5.50 @ 6.2! sausage bulls 7.50 @ 8.50; vealers 13.00 @ 15.00; shipper kinds 14.50 @ 15.00. Sheep 6,000; fat lambs fairly ac- tive, 15 to 26 cents higher than Thursday; good to choice 82 to 92 pound lambs largely 13.25 @ 13.7. choice kinds held higher; bulk 94 to 100 pound lambs eligible 12.65 @ 13.25; few 105 to 115 pound averages . bulk feeding r grades 12.25 @ 13.00. SOUTH ST. PAUL LIVESTOCK St. Paul, Minn, Jan S. D. of A.)—Cattle 1,300; nominally strong on ali classes; part load heavy steers upward to 14.00; best bulk salabl 6.75 @ 9.50; 13.00 for weighty heifers respective! changed; 1 ferings feeders 12.50; she ftoek medium grade; + meaty kinds 12.00; largely 25 @ 50 cents i lights 12.00 @ 13.00; 50. Hogs 12,000; slow, unevenly steady to weak with Thursday's averag few sales desirable lights 8.10; early top; packing sows 7.00; most pigs gy. 6.75; averago cost Thursday 8.01; Vinter wheat was steady. Dur-| weight. m was firm with offerings lighter. Corn offerings were light and de- mand was quiet except for heavy higher than late trade few cars choice 80 to 86 pow weights 13.40; bidding steady on all others and sheep; three doubles strictly choice 107 pound Montana yearling wethers 1 RANGE OF CARLOT SALES Minneapolis, Jan. 20.—(?)—Range of carlot grain sales: Wheat: No. 1 dark northern 1.28 7-8 to 1.58 1-8; No. 2 dark northern 1.30 to 1.48 7-8; N jk thern 1.25 7-8 to 1.52 7-8: hard spring 1.72 3-4; No. durum 134; No. 1 1.42, Barley: No. 2, .85 to .86. No. 2 white .54 1-4 to .57 No. 1, 1.04 3-4. No. 1, 2.30 to 2.40. CHICAGO GRAIN Jan, 20.—(#)—Wheat: ellow. Oats were steady. Rye was in light supply and de- nand was good. | aed was firm to ode cent high- at 79 to 87. Flaxseed was in quieter demand. STOCK MARKET FIRMER TODAY \dvance, However, Is Not Ac- companied by Substanttial Increase in Trading New York, Jan. 20.—()—Further coveries took place in today’s tock market although the advance not accompanied by any sub- increase in trading. Buy- med to center in a few spe- Fial issues in the leading groups of with indications that pools d much of the activity. Despite the reduction in call from four to four and one- i cent and the decrease of 00,000 in brokers’ loans last the credit situation was still y@ource of some uneasiness and d to restrict operations for the lvance. This was probably due the further liquidation of U. S. ament securities by the feder-| Wheat ll_reserve banks, which was inter-) March 1.2655 1.27% 1.2654 1.27% ret en some ephgged onan een Ma: 1.2814 1.275% 1.2835 restri ie volume o! 2 1.29% 1.29% 1.29% predit available for securities spec- is % “i ition. ‘There was little in the day’s bus- st news to influence the price nt. Omission of the Pathe os . by 525 ‘and the inauguration of divi- 9.18% 2.18% 2. ds on the Bucyras-Ere © Sores a email accord with evious! 1% 82% .82% meed plans of the financial in- Sh SAM 6 ts sponsoring the recent mer- ge RMIGE jan. Open Sigh Low Durum— Power retained the lead- utilities by March Mi 1.22% 1.23% public yo Ma: 1.06% 1.07% May 2.19% 2.19% July No. 3 yellow .89 1 if No. 5 yellow .91. 2 white fe 1.2 to 57 ye: Barley: .85 to .95. Tipahyeceds. 0 to 3.95. to 30.00. Rib: 11 Bellies: 12.50. MINNEAPOLIS RANGE Jan. 20 Open High Lcw Close t— 1 ¥z 1.0413 1.0343 i 52) 5258 1.22% 1.06% 1.07% 2.1814 2.19% 2.20% BISMARCK GRAIN (Furnished by Russell-Miller Co.) ismarck, Jan. 20 No. 1 dark northern ... fo. 1 not oe lo. 1 r durum No, 1 mixed durum No. 1 red durum . No. 1 flex No. 2 flax No. 1 rye Barley Oats ; hogs Fto. 210 sight Ughte and pigs 15 to ats spots more; weights - ae town active at advance: 3 \) jalties 10.00 @)2 DNS, ord to good. 's and yearling | 2 durum .. 13 amber durum .. 5 mixed corn CHICAGO GRAIN TABLE —Today~ Open High 1.29% = 1.31% La 130% = 1.32% te 127% = 1.28% @% —Today— low ‘Close 1.20% 131% Les 1.30% 1.31% 1.32 1.27 1.28 @% 897% (88% 12.30 @32 11.12 11.55 12.47 12.87 @90 MINNEAPOLIS CASH CLOSE Minneapolis, Jau. 20.—‘)—Wheat receipts Mas 194 compared to 148 a year ago. Minneapolis cash wheat and coarse grain closing quotations today follow: 1 hard spring, fancy Montana . + 1.70% @1.77% To arrive . « 1.70% @1.77% 1 DNS, fancy Mont.. 1.6812@1.764 To arrive « 1.68%@1.76% 1 hard spring. + 138% @1.74% To arrive . 1.5813 @1.66%5 1 DNS, gd to To arrive . 3615 @1.65 15 1 DNS, ch to 59% @1.73% 1 DNS, gd to cho 3914 @ ie 1 DNS, ord to good. 1.2713@1.40% 1.2615@ + 1.2673 @1.3813 To arrive ... + 1.254%@ 2 DNS, ch to fancy. 1.49%¢@1.68% 2 DNS, gd to choicc., 1.87%4@1.5115 1.2644 @1.8812 1 northern 23 © @1.3115 2142@1.29% 1.25% @1.5812 1.2544@1.58% 1.2542 @1.57% 1.2542 @1.5715 + 1.2542@1.28% To arr 1.25% @1.28% Mim. & 1.254% @1.28% To arrive ........ 1.254@1. Fey 1 amber durum. 1.44 To arrive . 1.44 Fey 2 amber durum. 1.40 1 amber duru: 117 To arri 1,16 1 durum 1,16 To arri' 1.15 2 amber dur 1 dark hard To arrive . 1 hard (Mont.) To arrive . Minn. & SD, 1 hard . - = a 3 durum .. 1 red durum To arrive ......- Sheen ee es pone @dagn ~ ay a3 4 yellow corn ‘0 arrive . 5 yellow corn 6 yellow corn.. 2 mixed corn.. 3 mixed coyn..... To arrive . . 4 mixed corn . To arrive ..... ‘0 al No. 1 flaxseed To «rrive ... shipments 768 cars; prices un- changed. Minneapolis, Jan. 20.—(@)—(U. S. D. of A.)—Potatoes: Light wire inquiry, demand slow, market steady; firmer undertone late in Sight Gnlyy deducted "Minneapolis reight 07 uct inneapolis and°St. Paul Tate, sacked hundred weight, round whit No. 1, very few sales 1.80. MINNEAPOLIS FLOUR Mi 4 . 20.—)—Flour shipments 36,519 bar- rels. Bran $80.50 to 30.75. ——— CHICAGO POULTRY Chicago, Jan. 20. Poultry receipts four cars; 1.25 8) 18 1-2 to .26; turkeys 26 to .28; roosters 19; ducks .18 to 28; geese .17 to 18. $1.09 too|Pedfergonia Case a “| Is in Jury’s Hands| = . — Justified in Assuming That They Had Lost Title to Property and That There Is No Evidence That Defend. ants Acted in Bad Faith Finding that directors of pany A were “not just Sere that they had lost ti e former armory prope: the corner of Broadway as ond streetastheycould have the truth by very little ” Judge John C. Lowe of be presided during the trial case of Company A vs. C. B. Little, Edmond A. Hughes, et al, found in favor of the defendant in a deci- sion handed down The case was tried before the court during the fore part of this week, and taking of testimony was completed Wednesday. It has been in various courts since the action to quiet title to the armory ypperty was started in August, 1921 Judge Lowe, in his ruling, he had thought he would: somewhat original and facts and the law different from that found by the other judges, but after going over the matter carefully he had to forego the satis- faction of doing so, Text of Decision The judge’s decision in the case follow “This is an action to quiet title to certain lots in the city of Bijs- marck. The action wes commenced in August, 1921, and has been in various courts since. Several o ions have been written by various judges concerning the law of the case. The cndersigned had tl he would like to be somewhat orig- inal and find the facts and the law different from that found by the! other judges, but after going over the matter very carefully he must forego the satisfaction of doing so. “Counsel was but a short time to furnish the court their ver- sion of the law in the case because this court feels that this case should be decided without .y further de- 1 It seems that sometimes to be wrong with expedition is better than to be correct after tedious cogitation. Therefore if there is no other virtue in this decision, it is at least bye Hughes in Charge During War “It appears that the officers of the plaintiff went away to the world war, leaving the armory in charge of the defendant ne s. Upon their return their buil ‘was re- turned to the plaintiff. However, it| appears that the returned soldiers had (no doubt for excellent cause) lost their enthusiasm for drill or iaeeting as a military organiza- tion. At any rate from the time they returned up until 1921, no one connected with the plaintiff com- pany showed ene interest nS the company or its property. It bills past due and it owed carte 317,000. Hughes paid either to. for the benefit of the patina #46, 881.36 for the property. The value at that date was not to exceed that is no evidence amount. “There that Hughes acted in bad faith, all if he had investigated he cot have Psst at that the a sons from wi e buying the no authority to sell. would have no bearing upon hig faith. In the action to quiet no attempt was made y to quiet title as against the intif: and it was not done. The: the defendants annot prevail in this case through either the deed from Murphy or the action to quiet title. T ie - “3 1920, afte “In the 3] rr Hughes had Prat ae money above reseed (0 ae naan} pony adv: is counge! 3 was all right, he caused alterat tit of the fer of title or of Kia ox spend be was in active possession and up to August 4, 1 of the a : EF fs 5| and that United States pve 2 dist H reed said that Session Employes i Just Make Expenses In County igh, Before vies, in the Matter of the Estate of James M. Brown, Deceased. Walter F. Brown, Petitioner, 8. Walter F. Brown, Ralph Pony, Amclia Hayden Brown, Toile mane Soclety, Commissioners of Lucas County and their successors, in trust for the benefit of the Lucas County Children's home, the Tri tees of St. Anthony's Orphana on Cherry Street, in trust for 81 the Trustecs of the Home in Oregon ‘in- tiff or for the benefi intiff the sum of $16,881.36, Worth Less Than Amount Paid “That the property at that time was worth less than the amount s0 id. that ee acitin crsed the execution ai said con- veyance and on or it the 22nd 4 all other pi ae tet testa day of April, 1920, believing in good a sents. ith that such conveyance was th Da valid and effective entered into the possession of the property and ever since have been and still are in pos- session thereof. “That at or shortly after the tak- ing of goog oh the plaintiff cor- poration had knowledge of the at- tempted transfer and conveyance, ny the: and that the defendants were in ac-| ¢; F.'Srown tual possession of said premises. on file herein, praying for ine, ad- No Objection From Plaintiff . |iment as the last will and testament “That upon taking possession of the Property the defendants made p extensive alterations and valuable improvements thereon with tl knowledge of the plaintiff and of the public generally and that plain- tiff stood by and saw the making of. such improvements and the expendi- ture of-large sums of money with- out objection and without claim of right in said property. “That the improvements and bet- rments to the property consisted of the renovation, repair and alter- ation of the building and the erec- tion ot iedth bcos _ rd upon the premises ai at the] | ESTATE MORTG. value of such alterations, better-| ,, NOTICE 18 HEREBY awven, ments and improvements so made| delivered by ‘Tre with the knowledge of the plaintiff] M: M. ors, to Lewis M. Doerschiag, of North Dakota, mortgagee, a 18, of Brown, do Hu- ired to appear before the Cou i, urt of the County of Burleigh, in paid State, at the office of the County Judge of said County, at the Court House in the City of . in said County and State, on the first day of February, A. 4 ) at the hour of ten o'clock in forénoon of that day, to show id F. Brown of letters testamentary théreon, should not be granted. An authenticated copy of said document, with ¢l robate thereof in the State duly (ot hd is on he late resid this Court. of said James M rown, Decet late, was Tol the owner of said Ohio. rvice be made of this citation Tinie 1dth day of J is 13th day of January, A.D. 1928, By the Court: (SEAL) 1. C. DAVIES, Judge of the County Court. 113-20 NOTICE OF aes REAL mort- exceeds the sum of $18,000. dock, Purchase Price Not Returned | dated the 20th day of November, 1 “That the purchase price paid by|#"4 filed for record in the office the defendants has never been ten- dered to the defendants nor re- turned to them nor has Pegs te ae oaae any thereof, but that the same has eee the’ premises in such mort ego. a 2 used and employed in it of fter 4 debts, engagements and” obl door of the Court Ho of the plaintiff existing a yo able at the time of such and that the plaintiff has received and retained the benefits of said) ii transaction and “That the County, North Dakota, on the 2nd ‘day of December, 391 ee id recorded h mi prem be sold to satin y the same a uarter ‘ of Section 4 = ship One Hut Fea re neovsa fe. cords to 8. Government Bursey, in Bure leigh parti North Dako! There will be due on auch mort; at the date of sale the sum of ree Thousand Five Jis8 red "Dated, December 3th LEWIS 3 DOERSCHLAG, ev sage Linton, North ‘Daksta, ~ Mab yie-33-30 1/6-13-20) r the of by the defendants or lendants jive the notice of Saverse claim whatsoever.” asa f NEWS BRIEFS * Robinson, yy house, an invitation to speak city has been deeply inter h iated by “ imputations' ta in He ¥ Traenret, of Mor- of Senator Heflin. County, North Dakots, do here tify that the foregoing is a true correct statement of deposits for Flod ending Jan, 10, 1938. ILVIN HOOVER, Treqsurer. ‘Treasurer's Published in Compliance fen 5, Chapter Tom, of tl ie, of Be, regarding deposits of ali Public ncvnme of Bank, Bank ‘of North Da- ot it Checking Account, $693.23, at 1% (STATEMBNT FOR pomngeaseens with be]. NOTICE TO BIDDERS. Notice is hereby given that the | Board of County Commissioners will receive led bids up to 3 0% D. m. 8, 1928, fer the follow. Art Metal Steel fixtures for use in the County Auditor's omnes, 5 curtain units with 7 rol 2 cupboard units with shelves. eid files. ‘ op. t rp. Each bid must be accompanied with &@ certified Theck or ‘Bank arate tor the amount of bid si of County Commis: the right to reject any the Board of County Ty, lend, says 10 paroone were jured i ee at Port Fe, ue rides islands. diy eaea'st Kee, arrest 22 come| subversive . C. ISAMINGE! County i dicere Burieigh, 1/30-i—8/3 the Register of Deeds of Burleigh | bank: 4/ total $677 The a | $298,192.22, ay | due from banks which are still open.* MIDDLE WEST HELD IN GRIP OF COLD WAVE ‘Continued from one! my as ne Linea te bale sere points, Devils Lake registering, eight below, Williston four below, Fargo three below, Grand Forks’ five below and Minot six below. South Dakota, although exper- . fencing lower temperatures, did not report the mercury a slow as in other sections of the northwest. Some relief from the cold snap, however, was held out by the weather bureau which forecasts “not so cold Saturday afternoon, er but continued cold tonight.” lution, Mr, Stutaman urged the lo- All Seats Sold For convention towards securing the Night Show—Matinee "the delegates were constiteted » HaS Been Arranged committee to c: the I situation in the 80th i Miss’ Evidence that the people trict with the request that names be marck and the Missouri Slope ter. suggested to the county convention, ritory love “Blossom Time” and to be held prior to the primaries, as ‘Will continue to patronize it as long suitable candidates for. members of 2% the Shuberts bring along fine the legislature from Morton county. companies and adequate settings (for the sweet story and the true music that have mads this operetta such a great success is shown by the fact that half an hour after the reserved seat sale yes morning for the evening show, hard- a seat remained. Since the brn large num- ber of mail orders indicated that the house would be sold out for the performance, Manager E. H. L. Vesperman has arranged for a matinee Saturday afternoon at 2:30 and seats for this performance are going rapidly. Morton Republicans Name Six Delegates to State p Convention John F. Hoff; J. T. Nel- A. eae}: Lene e Personal and Social News of Mandan Vicinity '' Miss Edith Unkenhols, former resident of Mandan who has been sociated with large hospitals on the west coast for the it few years, has returned to this city as night superintendent of the Mandan hospital. Miss Unkenholz attended Morton county and Mandan schools and was uated from a nurses’ training course in Californi Mrs. R. O. Rey has arrived from Sydney, Mont., to make her home in this cn ey, is ir agent for jorthern ic, NIGHTS AND having been transferred recently, ND. ani?s Resources| LIFELESS DAYS N. D. Bank’s Resources Total $52,947,560.14| Resources of the bank of North| . 81, ac-| cording to the statement of the in-! stitution’s conditi Constipation ruins rest Don't let this deadly evil fasten its hold upon you. Spots before the eyes. Dragging feet... Aching muscles. Sleeplessness. These are just a few of the symptoms. Con- stipation is the cause of more than forty diseases. s and $683,667.70 of receivers’ |ebeidy of claim against closed ; Certificates of inde! 5 btedness from the cpeatore guaranty fund bank’s bills receivable total including $108,606.17 Most of the bonds, state and federal, which total $12,- 678,585.22. It also had $7,588,316.48 in cash and items due from other banks. The only other items relate to the farm loan show that the bank has loans total: fn Bre ane il aga yp oe re igang “fuse a0tl tacened — issues. cases, with every recommend BRAN because it is 100% bran. Burleigh | sistent 2 dozen for ..... No. 1 candled, ocery 520 BROADWAY Elhard Gr We carry a full line of frésh fruits and vegetables Van Camp's Pork and Beans, 8 cans for ........ Raisins, 2-Ib. Fancy Cream Cheese, ; Bartlett Pears, large can,° Beans FOF... .. cess sere ee eceeeeecees Washing Powder, regular 25c: Toney Dosmeanay Ballons » 26c 48c 19c 5le oer mee rep ee eearccseerseseoes ‘