The Bismarck Tribune Newspaper, January 24, 1928, Page 2

PAGE TWO GRAIN LIVESTOCK MARKETS | Pmancut NEWS THE BISMARCK TRIBUNE WHEAT MARKET IS UNSETTLE Selling From Northwest In- creases on Bulges and Brings About Decline Chicago, Ja from the nort! price bulges in the wheat market today and brought about declines in the later dealings, Slowness of ex- F port demand today for wheat from j,~ North America was a bearish fac- a tor and so, too, was 3,444,000 bus! els enlargement of the world available total. Purchases of corn today to arrive in Chicago were es- timated at only 30,000 bushels. Wheat closed unsettled, 1-4 to 5-8 cent net lower; corn unchanged to 3-8 cent higher; oats unchanged to « Unchanged to a rise of 17 cents. In connection with reports of ad- verse crop development for domestic winter wheat, a good deal of atten- tion was given today to misgivings regarding winter seedings in west and central Europe. Besides, spe- cial notice was taken of Washing- ton official advices saying it now seems probable that European im- 1-8 @ 1-4 cent off and provisions | pa, port requirements would be so large as to result this year in only the same world’s carry-over as last 125,000,000 bushels larger than last year, Russia and China not report- ing. Indications of # deceded let-up in corn offerings nds em- ings from first hai phasized in the corn market today the bullish effect of weather condi- tions likely to slow up the crop movement. Country offerings of corn to arrive in Chicago especially were much smaller today, and the bookings of Chicago handlers were relatively meager. MINNEAPOLIS FUTURES : HAVE EASY UNDERTONE : Minneapolis, Jan, 24—(7)—Lower ‘ tables and slack export demand gave wheat futures an easy under- tone q a canea % cent, riuling within a skimpy range most of the seston Trade was almost entirely professional. Oats were dull within % cent y rye was mildly easy on a dull theses verearess May Darley was slow and draggy. May flaxseed held within a Sim range. Cash wheat offerings were mod- erate and demand lost force. High protein was in quieter demand with one large buyer out of the market and premiums were easy to one cent lower. Below 12 per cent protein the market was draggy, with occa- Medium sional sales cent lower. and choice wi ter wheat wi top premiums harder to get. Durum ‘was casy to weak, medium quality again ruling slow and lower, show- ing about 10 cents loss in a week, Corn offerings weer fairly large and demand lacked snap. The trad- ing basis was easy wtihin the range. Oats were in moderate supply and elevator demand was gocd. _ Rye was firm, light offerings in good demand. - Barley was in fair demand and steady at Monday's late decline of ee: cent. Range was 79@86. ‘laxseed of good to choice qual- ity sold better, while high moisture lerings were hard to meve. SO. ST. PAUL LIVESTOCK cae St. Paul, Minn., Jan. 24.— salable opmeidge ys vam 9 largely 7. 9. for cows and 8.00@10.00 for heifers; cutters 5.00@6.25; bulls strong 15@25 cents higher; weighty medium grades 8. offerings 9.00; ~stockers and feeders about steady. Calves 2,200; more desirable qual- ity considered, steady; good lights 12.00@12.50; bulk latter price. very little early PEGDAGDREESGRDELL 9 600080 TOED EDS UEMPOOER ESE OREET ET: light steady; 25 cents lower; mostly .25@7.75; packing sows 6.75 jigs steady, bulk 7.00; aver- 3 Supply very light, fully 3. desirable 70 to 82 pound 13.50; fed medium lambs 76 pounds 12.75; cull and common kinds salable mostly 9.50@11.00; sheép scarce, stead: CHICAGO LIVESTOCK Chicago, Jan. 24,—(7)—(U, &. D. of A.)—Hoge 60,000; early market Boiz ys 5 to 10 cents lower: than 's average; packers bidding 10 to 20 » top 8.30; strictly choice to 210 pounds at the to) bulk and choice 171 By Associated Press Leased Wire CHICAGO GRAIN TABLE Jan. 24 Close Close —Today— —Today— Yesterday YearAgo Open High Low Close Wheat— March 1.30% 1.30% 1.30% «1.30 -1.30% @% @% May 131% 141% «21.30% = -.31%—.30% 1.80. @% @142 @1.31% 1.81 July 1.27% 182% «2741.27 1.26% 27 @'s @% @ orn— March 88% 8% BO% RBIS BH @ 5 . @% 14m 81% 91% 92 91% 91% @% bs @% @% 92% 84% 92% 93% 92TH @%@85 @% 55 5 54% 54% : 49 56 Sonate attr , . @s6@56 RE OLD, Ghnic-~ 13 524 52% 524 BY - Te ae A WORD 16 ENOUGH FOR A WIGE MMA,” == MAY WAVES ‘BEEN Tree IN ROSE DAYS > 111 111% 1.10% 1.10% 108% 101% 1.10% = 1.09% 1.09% % “ 1.08 1.0443 1.0413 1.04% 1.04% aW'RiGut, 1250 1195 11097 1192 11.92 1282 12.20 1225) 12.20 = 12:22 15.90 11.15 y 15.05 11.70 11.70 11.65 11.65 Bellies— Jan. 18.50 12.55 May 1640 12.90 12.90 12.90 @92 @92 2 hard winter 1.27 3-8; No. 2 amber , despite a total world crop Hie 1.19 7-8; No. 2 durum 1.15 1.51 7-8; No. 3 mixed wheat 1.15 3-4 to .85; No. 2, 85 1- Corn: No. 4 yel 78. 4 mixed : No.1, 2.20 to 2.22." 25 5 Barley: Sou grade .80 1-2 to low .82 to 1-2; No. STOCK PRICES MOVE HIGHER Leadership Switches Froin Pool Specialties to Indus- trials and Rails New York, Jan, 24.—(#)—The re-. covery in stock prices continued to- day with the leadership of the m ket switching from the pool special- ties to the high grado industrials and _ rails. money rates, publication of several le 1927 earnings reports and the recent improvement in some of favor: the basic industries vance, investment Easy call I continued to provide the background for the ad- Trading continued in fi heavy volume with.the market ing into dullness whenever reaction- ary tendencies. developed. There has been a marked absence of any concerted “bear” selling in mn Heveey, the ou ering. operations of many so-cal 2% have played “al3 DNS, ch to fan prominent part in the upswing of 3 some of the pool favorites. = servative quarters, talk was heard 3 northern in brokers’ their ua Ex points to 289, a new, d nearly 100 points hard jonth. imbed | Minn, recent sessions. amateur “short: of another loans this week. Express shar sensational ady press soared 2 high record, 5 3-4. increase continued nce, above the low level of th American Railway Express 15 1-2 points and American Express! The floating supplies of all Adams three issues is relatively small little buying power is bring about sharp advances. United States Steel common and General Motors, wh widely talked leaders, met selling re: about being market! , T the way up, failed to partici tensively in the rally. Rossia Insurance, Greene Cananea Copper, Warren Brothers, Interna-)! ved duruun tional Silver and Eastman Kodak all sold four to eight points above Gold Dust, yesterday's final quotations. The closing was strong. Well known industrials were gal- vanized into greater strength in the final hour by the rise in other sec-|, rly In con: needed to and trading slow; market dull; few Wisconsin early sales reported; sacked round whites $1.45 to $1.55; Finnesota sacked Red river Ohios round whites $1.40 to $1.50; Idaho Burbanks 1.80; partly graded 1.50 to otatoes; Florida bushel crates ampers bliss triumps 1.75 to sacked new and 2.00. { steady. MINNEAPOLIS CASH CLOSE Minneapolis, Jan. 24—(?)—Wheat receipts Moet 182 compared to 195 Minneapolis cash wheat, a year ago. h and coarse grain closing quotations 8. D. of inquiry, Tussets demand Carload delivered freight only deducted, Minneapolis and St. Paul rate, sacked hundred- weight, round whites, United States No. 1, mostly around $1.25. Minneapolis, Jan. 24.—(AP)—(U. A.)—Potatoes: slow, market aaa Tike sales, Wich. Man today follow: 4 h William Shipley. To arrive ........ 1.70% @1.781 5 distribution systems in Hannaford 1 Bair io: tatbe@rtes| BY CITY-BALANCE TO STATE, COUNTY | nes, Sedes.2.- ‘gnners| fd" opr ae uote igre § sre, To arrive . 1.68% @1.76% : Minn G. Be Oleuve Medora; f''| by the state railroad board to the! Alley, Mohn & Sperry, 1 des spring, tie a Doherty, Killdeer; Messrs. Jones and ste oe ee, be! 3 e Plaintice. sh nN arrive TY f 3 i4 1 e rope! Be Suite No, 10, We’ 1 DNS, ed : Taylor and B. L. Bardsley of Bis-| ovmed by the Electric Construction Building. th De. ‘0 1 hard s: Montana ... To arrive . 1 DNS, ch to fancy. 1 DNS, gd to choice. 1 DNS, ord to good. 1 dark northern..... To arrive ... . 1 northern ... To arrive . 2 northern , DNS, ed to choi DNS, ord to good. 1 hard To ar To arrive Fey 1 amber durum. To arrive 3 durum ... (Mont.) SD, 1 amber durum..... To arrive .... . durum .... To arrive ... Coarse 2 yellow corn..... 3 yellow corn © arrive . 4 yellow corn tions. American Express rose 111 ¢ points, American Machine and Foundry, six and one-half, Colum. 3 m bia Carbon and Air Reduction si: and American Can, General Rail- way Signals and American Tobacco “B” 3 1.3 to five. Total sales approximated 2,700,- 000 shares. March 127 1.27 1.26% 1.26 May =: 1.27% 1.2744 1.26% 1.27 Jul: 1.28% 1.28% 1.27% 1.27 March 1.03% May 1.03% 1.03% 1.03% 1. aes 525% 52% 521 S142 ‘lax— Ma: 2.15% 216 2.15% 2.16 May 8113 812 BL 81% Durum— re 1.07 BISMARCK GRAIN (Furnished by Russell-Miller oom MINNEAPOLIS RANGE Open High Low ‘DULUTH RANGE Open High Low 1.21% 1.21% 1.21% at ay 1.07% 1.06% May 2.17% 217% 117% 2.17% No, 1 dark northern N rthern .. ‘0 arrive . 5 yellow corn 6 yellow corn 2 white oats.... 3 white oats....... To arrive 4 white oats. Barley, ch to To arrive . Barley, lower gds.. .79 iT 0813 |9 pgs see To arrive ... 2) No. 1 flaxseed. To arrive pring fancy ice. 1 dar khard (Mont.): To arrive ......+ Grains BT + 10 2 2.13 2.13 Close No. 1.20% | No. 121% | *2 , CHICAGO LIVESTOCK fe) 24.—()—Wheat: No. 1 northern spring 1.30 1-2. io. 3 mixed .86 to 87; No. 3 yellow 89 1-2 to 90; old, c mixed 87 1-2; No. 2 yellow No. 2 white .55 1-2 to .58 8 White .54 1-2 to .57 1-4, 2, 1.10 1-2 to 1.11. 85 to 96 seed: 8.10 to 3.85. Cloverseed: 21.75 to 29.50. Lard: Ribs: Bellies: CHICAGO PRODUCE hicago, Corn: New, 11.92. 11.25. 12.76. Chicago, Jan. jlower; receipts 1 ig9 | ery 1 33. -(AP)—Butter +» L70%@LI7% %@1.73 % 15 @1.46% 1.1542 @1.3113 1.1433 17 @ + 1.02%3@1.031 243 @ 1.65 to 1.60; THE *WiGE” MAN Of —— TOON 16° WI ———— Y OF LONG AGO o£ a $76.05 OF EVERY $100 IN GENERAL the valentine party to Produces $100 in Taxes Here —State Gets $7.02 and County $16.93 — Figures Given Also For ‘Average’ Country District. Programs Wednesday, Jan. 25 9:30 to 11:00 a. m—Music and complete weather forecast. 12:30 to 1:00 p. m.—Weather, news items. one to 1:30 p. m—Aunt Sammy’s Valuation of $1,783 in al ° 7% “Where does ta: im : beri en ne %@ %| This question has been asked 50 pedaeed La Par bar ie i $4@1.63% | frequently of late both at the office ona sila); Mts) des.) | A gold mada, to best waterfow! in , no. to 745 " m.—Weather, mar- kets and news items. of the county treasurer and the city uae fog on Tribune has ob- ain © lowin, * f facts from Count; Treaicer dese’ €0 8100) a. ane-Redbo: farm Spear ut. where the inoney, | S*hool. if | which is paid annually into the T AYLOR TALKS 1.33% fowls entered. interesting L, turkeys entered. county treasury in taxes, is spent. _ In the city of Bismarck, a valua- tion of $1,733 in 1927 proudced $100 that more than three-fourths of the money raised by taxes in the city is used by the city, only less then one-fourth of the total being used for the operation of state and coun- 4 |ty affairs. 4| These various sums are dis- 2 |tributed as follows: State Public Roads in Helping States Build Highways Explaining how the United States growi bureau of public roads assists states ene pie in building main highways, matching with advertising its funds with those of the state ducts, 66 }on a 50-50 basis, H. J. Taylor, who lederal here, macaroni expert, of General fund Bank Bond P: Mill & Elev. ment. Milling, Bond ymer CO OR Soldiers’ Bonus Fund levy Home Builders Association... 80 09 Remitted to state from every $100 collected .........0.5 $ 7.02) ment General Fund Salary Fund Road Fund . Bridge Fund Interest and Tution Fund Amount used by county from every $100 collected ......: $16.93 Bismarck City Fund ..... $34.28 School Fund . 38.35 Park Board Fu Amount used by city boards from every $100 collected. .$7 da tt Epa widely for the other 55 p. the county, but the average 30.47 or $80.47 in taxes each $1,000 of valuation. ‘For reason the pro| dis tion to the state, county and dist varies somewhat from that enka ats ote 8 valuat rai taxes for the county, when the is with the valuation Sree sary to raise $100 in taxes the distribution of $100 in irom the if Hu if i 4 li 3 a lg 3 3 & é : 53 i a ES 5 | ge Fee. Ee Ei i i EE H 2 j E s @2.25 é 5 sed gre Fi ¥ 3 ils g tr 3B i as z 3 Es. et fi PI ; i 3 i 3 F : : S, 5 * iti i 2 E ili i i 1 eBe she 2 i i a ei in the Lions den to make gians for be given TAXES COLLECTED IN BISMARCK USED |," seis e.cserd POULTRY SHOW EXHIBITS ARE NOW IN PLACE ‘(Continued from page one) show, providec. there are 25 water- bearer of the Greaves A gold medal to best tuckey in show, provided there are 12 or more] formerly owned by Competition oper. to American Poultry associatio. members only N. D. Should Advertise} irre TUESDAY, JANUARY 24, 1928 debenture bill as bstitute ‘for McNary-Haugen farm. relief meas sure. Mr. Mrs. Her! F. Whit- wer ‘ind five Children detwesd when he motorcycle and Roreich, Shetucket Conn. Niger ad D. bere net Soe tiny perry lent * after ligt from ‘Long Isla a river at id makes lecture on his tour of the United States. El Universal Grafico, at Mexico City, says a Catholic priest and nine communicants of church have on cl of holding masees in private residence, James W. Corrigan, head of Cor- oe iange Steel company, dies at Cleveland. Alexander Oatis, attorney for Mrs. Knapp, in statement at Wash- » brands as “foolish and fu- ,” charges filed against her by New York commissioner and says she was denied her constitutional rights at hearings. Sheriff Robert G. Braun Pittsburgh denies charge made in Washington that bootlegging, drink- ing and lawlessness are on increase ob baad district under his super- ion. SENTENCE IS DEFERRED Fargo, N. D., Jan. 24.—(?)—Sen- tencing of George P. Aaskegaard, Line pe Lae etn) ee y a chrge using for | the is to defraud in connection nd | with paying for goods which he had purchased from a mail order house with worthless checks, was deferred until December 10 by Judge Andrew Miller today. Deft lerrin~ of sentence ind| was granted by Judge Miiler in or- an opportun- h., and Mi der to give th- yout! the Kennelly Furniture | {ty to “make gooc,” he said. eee Fred Rist left Sorardey tee 210 days’ visit with relatives lberta, 5 eee LaVera Schmitt was given a sur- rise party Sunday re home on the occasion of her seventh birthday anniversary. Fol- Leto d jan afternoon of games, a: SsUMMONS JN___ DISTRICT COURT, FOURTH JUDICIAL DISTRICT STATE OF NORTH DAKOTA, County of Burieigh—ss. cane Becker, Plaintiff, 's. Albert Becker, Defendant. STATE OF NORTH DAKOTA TO THE ABOVE NAMED DEFENDANT: You are hereby summoned and re- was served. uired ‘to answer the complaint of i ites ihe Fit'be tied with the clerk of the or will be filed wi e cle: 2 A son was born Sunday at the) shove named court, and to serve a Mandan hospital to Mr. and Mrs.|copy of you newer upon the, sub: jedoon. e A. Grats of Judson. Burleigh County, and stato after the service js summons Recent Rulings of tipon_ you, exclusive. of ‘the day. of service, and in case of your failure will be taken against you by default for the rellef demanded in the com- nt, tpn this 28rd day of January, ota, within thirty days f thi State Rail Board) :c"ts*appear and answers judgment Permission to buy the electric company. ¢ Otter Tail Power company was authorized to buy the electric perties at Sanish and Van Hook and’ the Van Hook Light and Bowes sat company, res; ively. The Service Cab come of its} Don’t mix a mess. of mustard, flour and water when you can re- Minot was authorized to sel property to the Blue and White Cab inot. lieve soreness or _ stiffness with a little clean, white Musterolc, company, also of Mi C. G. Hilliard was authorized to Mustegole is made of pure oil of mustard and other helpful ingred- hase from David ‘lark, Jr. ients, and takes the place of mus- Telephone company of Kenmare, a bankrunt tard plasters. lusterole usually gives prompt corporation, the reagan property relief from sore throat, bronchitis, tonsillitis, croup, stiff neck, asthma, neuralgii headache, _ congestion, pleurisy, rheumatism, lumbago, kota. (8/24-31—2/7-14-21-28) Greaves “The Otter Tail Pi ompany r lower Ci was authorized to furnish electric vie the village of Dwight and, licable at that place were nd bpm ve Lb niece we and aches of the back 1a ty | in 's, not including spe- " joints, sprains, sore muscles, @1.27% | cial assessments for paving, water AT LIONS ME The ¢ Tail company was au- Fins, hilblains, frosted feet 14 @1.27% | and sewer improvements. oF thi Its Home Products thorized to purchase the ig fied colds ef the chest (it Tay. prevent 1.4013 @1.494g | $100, the state received $7.02, the ania acest property at Ryder from the Ryder! pneumonia). +. 1,4012@1.4913 | county receives $16.93 and the city | North Dakota owes it to itself| Wlectrie company. i 1.3612@1.4814 | treasury received $76.05, showing| Tells of Work of Bureau of| te make known the distinction and the high standard of macaroni pro: in the opinion of A. B. Milwau-