The Bismarck Tribune Newspaper, January 28, 1928, Page 2

» PAGETWO THE BISMARCK TRIBUNE MARKETS = CORN PRICES DROP, WHEAT UP Heavy Receipts in Prospect For Monday — European Demand Less Active Chicago, Jan. 28.—(*)—Confront- éd by prospective heavy receipts of 0 corn Monday, and with European de- mand somewhat less active, the corn market today averaged a little lower. Besides, conditions today were ideal for the corn crop movement. Wheat trade was light, and prices tended upward owing to persistent dry cold weather in domestic winter wheat territory. Corn closed nervous at the same as sterday’s finish to 1-8 to 1-4 cent lower; wheat unchanged to 3-4 cent » oats 1-8 to 1-4 cent up and provisions varying from 15 cents de- cline to a rise of two cents. Signs that exporters were persist- ently after corn today did much at ld to otal Dan that would witness largely. in- im | arrivals of corn here, Chi- corn receipts today were liberal, 467 cars, and there also were good sized receipts at Kansas City, Oma- and St. Louis. Clear skies and a temperatures likewise were on the side of lower prices. On the other hand, detailed government re- Petting Onis that in the corn belt, Oklahoma and Texas, swine on farms exceed at present by nearly 4,000,000 head the number so held a year ago. Announcement that 200,000 bush- els of corn had been sold this morn- ing to go into storage here did a good deal to bring about numerous reactions from upturns in corn prices. As against the bears, how- ever, there also were notices that considerable corn in store here had been ordered out today for export shipment by way of Philadelphia. WHEAT DULL AND FIRM ON MILL CITY MARKET Minneapolis, Jan. 28—:?)—Wheat was dull and firm today, largely on account of week-end evening up in which shorts displayed mild un- easiness. Close was %@X cent up for the day. Corn rallied from an early dip and finished % cent lower and other grains were about un- changed. Oats were slow and steady within nge. y rye was dull and a trifle barley was easy with pit ight. y flaxseed sagged one cent on Aiventine ease and rallied part way. Cush wheat was steady with a : average demand. Medium ty springs were in best demand cod fam. Demand for high protein ae bit quiet. Poorer wheat was “7 and draggy. Wisiter wheat ~ quiet and steady. i was quiet and easy, choice good demand. n trading basis was steady. <'s were steady to firm, light! in. good demand. » was firm. Demand for choice = quality was good. y was easy for ordinary and steady to firm for good Occasional sales of lower ¢ one cent down. Range 36 cents. seed was in fair to good de- mand. CHICAGO LIVESTCK Chicago, Jan. 28.—(AP)—(U. S. of A,)-—Hogs, 5,000; uneven; s_2ady to 10 cents higher; most ad- © on ligstweights suitable for f i | j | ‘ight lights most- ; igs 7.00@7.65; pack- 5@7.50; shippers took | 3 estimated holdover 2,000; | \ Avyweight hogs 7.90@8.20; me 8.05@8.40; light 7.90@8.4 it lights 7.40@8.35; packing 7.00@7.60; slaughte’ pigs 6.75 ed steers steady to 20 cents better grades slow, dull; ‘ing additional price loss on top ef a aks tage pectine: lower grades especially on kinds selling | xt 13.50 downward; hardly tive 0s a week ago, but fully ady ; light yearlings 25 cents higher; bet- ter grade fat cows and butcher heif- By Associated Press Leased Wire FINANCIAL | NEWS CHICAGO G in. a Close Close Yesterday Year Ago 1.30% Wheat— March May 1.30% 1.42% %% 1.26% March May BT @% B0% @K4@% 91% @% @92 3% 5AM W@™ 50% @ % 111 1.09% 1.03% 11.85, 12.10 11.15 11.52 12.50 12.80 STOCK MARKET CLOSES HEAVY Trading Turns Reactionary After Early Outburst of Strength Today 16.37 New York, Jan. 28.—(#)—Stock prices turned reactionary after an early outburst of strength in to- day’s brief session of the market. Publication of relatively poorer last quarter earnings statements, the recent stiffening in the time money rates and a rather general belief that the technical position of the market had ben weakened by the recent violent advances in pool specialties were the reasons gener- ally ascribed for the selling move- ment. Steel shares were under persistent pressure. Vanadium aft- er touching a new high, sold down two points below last night's close, and_a similar loss was registered by Youngtown, while United States Steel common and a few others sagged a point or so. Greene Cananea Copper broke five points, A. M. Byers four and Radio, International Nickel and several others sagged two points or more. Patino Mines was an out- standing strong spot, rising three points on active buying. The closing was heavy. Total sales approximated 1,300- 000 shares. MINNEAPOLIS RANGE Open High Low Close Jan, 28 Wheat— March = 1.26Y 1 May 127° 1 July 1.277 Rye— March May Oats— March May Flax— May 2.14% 2.15% 2.14% Barley— May BL 81% 26 1.26% 1.27% 1.27% 1.03 1.03% 1.03 51% 8078 Close 1.21 Ye 1.22% May BISMARCK GRA (Furnished by Russell-M: Bismarck, Jan. No. 1 red durum No. 1 flax ities excepted 25 to 50] N “lower;' common and medium i long with cutter bulls 15 to 25 or more lower; meaty kinds at Bosley steady; week’s ex- Zi on fed steers 18.25; few yearlings 16.75; bulk lit- earlings 14.50 downward; best ht heifers 11.50; sales numerous 11.756@12.75; most fat cows 7.50 specialties up to 12.00; com- heifers to 13.50; most heifers, however, 9.25 5; most bulls 2.0 closed at 12.50@13.00; with No. 5'.. No. 6 One cent per Pound discount under shell. . winter wheat .. Dark hard winter wheat . CHICAGO CASH TRAIN Chicago, Jan. 28.—(?)—Wheat: No. 1 northern spring, 1.38 1-4. 4 yellow .82 1-2 to 86; old white .85; No. 6 white. 83. Oats: No. 2 white .55 1-2; No. 3 white .54 to .55, .10 to 3.85, to 29.25. rather one-half, and Americin Smelting,! 1 dark hard $1.06 4 New, No. 4 mixed .84; No.! No. 52 rye ..... ‘1-2 to .56| No. RAIN TABLE 28 —Today— Low Close 1.30% 1.805% —Todi Open 1.30% 1.30% bn % 1.26% @%@1.27 867, @87 90% @% lay— High 1.31 1.31% 1.27% Bl @*% 9014 92% @* 89% 1% ast § 50% 1.10% 1.09% 1.03% 11.70 12.00 1.10% 1.09% 4 1.04 11.70 12.00 11.15 11.50 12,50 12.82 12.80 12.82 jfregiht only deductéd, Minneapolis and St. Paul rate, sacked hundred- weights, round whites, United States No. 1, few sales, mostly around 1.35, CHICAGO PRODUCE Chicago, Jan. 28.—(#)—Butter higher; receipts 8,347 tubs; cream- ery extras 45 1-2; standards .45 1-2; extra firsts 44 to 1-2; firsts | .41 to .42 1-2; seconds .38 to .40 1-2. | Eggs unsettled; receipts 10,236 cases; firsts .39; ordinary firsts 30 to 37, FARGO LIVESTOCK pounds 7.25@7.65; 7.25@7.60; packers 6.00@6.50. Sheep top spring lambs trimmed 12.00@13.00; heavy spring lambs 10.00@11.00; cull lambs 9.00@10.00; light _ew .00@7.00; heavy ewes 4.5@5. 0C@3.00; bucks .00@7.00; stags MINNEAPOLIS CASH CLOSE Minneapolis, Jan. 283—(?)—Wheat ‘receipts today 228 compared to 155 |@ year ago. Minneapolis cash wheat jand coarse grain closing quotations today follow: 1 hard spring, fancy Montana . an To arrive 1 DNS, fanc To arriv {1 hard spring... | To arrive ........ 11 DNS, gd to fancy. |, To arrive:.... {1 DNS, ch to fa 1 DNS, ge to choice. 1 DNS, ord to good. 1 dark northern... 4 To arrive .. northern To arrive .. . 2 DNS, ch to fancy. 1.48% @1.67'8 2 DNS, gd to choice. 1.8645 @1.50% 2 DNS, ord to good. 1 OTM 2 northern + 1.25% @147% DNS, ch to fancy. 1.45% @1.62'% DNS, gd to choice. 1.32% @1.4 DNS, ord 1.22%@1 northern . 1.21% @ 1.24%@1 1.24%@1 %@1 %@1 1.2445 @1.27'%% 1.24% @1.27% 1.24% O1.27's 1.24% @1.27% 1.39% @1.48%4 1.89% @1.48%4 1.35% @1.47% 1 ge 1.26% 1.26% @ 1.25%@ To arrive 1.2. 1.24 To arrive Minn. & SD, 1 hai To arrive Fey 1 amber durum. To arrive . Fey 2,amber durum. amber durum. To arrive .. durum .. To arrive .. amber durum. durum .... 3 amber durum. red durum... To arrive . Coarse Grains yellow corn. 86 3 yellow corn. To arrive bmi -54 6 yellow corn. c un-,2 white oats. 17.00; nothing Viigy Eairrd der 55 Ib. ear corn, 70 lbs., five cents 3 white oats... To arrive white oats. ++ 1,05/ Barley, ch to fey... To arrive ....... Barley, med to gd To arrive .... Barley, lower. gds: To arrive ...... 19 80 To arrive .. 1 flaxseed. To arrive .... 2.13%2@ ¢ | OTICE OF EXPIRATION OF THE PERIOD OF REI i ON LAND SOLD TO THE COUNTY AT TAX SALE TA. Isaminger, County Auditor of Burlei igh County, hereby Clb patise ine the pai al ereinatter i si junty on that at ssid sal {gtate were se hat such sales deemed m an ey’ ek of this County, and that wi jeas lemption 1) be made from said tax sales within ninety days from t of thi owners thereof ing disappointing as compared with the/one sent to a hospiial, and he was | %' ith ordinary sows} 1926 showing. there only long enough to have the mostly 6.75. Pigs sold at 7.00 to] Hudson and Hupp Motors recorded | four stitches taken. b 25. substantial advances, but General Slaughter lambs under light re-/ Motors failed to make much head- ceipts and uneven upturns at out-jway. Oils were sluggish. Packing Morton County Court Will Convene Feb. 8; side markets finished 26 to 60 cents|shares responded to rts of im- higher here with sheep 25 to 75| proving trade conditions. Public Judge Lowe Presid Judge John E. Lowe, Minot, will] *" oe eee sey le at the special term of the P cents up. Top fat lambs reached| utilities devel tatandi .65 today, bulk of the fe ibs. strength, ee ee lorton. county district court which will open in the Morton county lam going around 13.25 to 13.60, with —_————_ ewes mainly at 7.00 to 7.50, WIDELY KNOWN AUTHOR DIES oan ee at 1:30 p. m., Wednes- ary members of the December THIS MORNING court who were excused subject to (Continued from page one) of which he had the largest collec- tion in southern France. No room in the villa was considered properly furnished until there were a thou- sand books lining its wall. IBAN7EZ AN OPPONENT OF the call of the judge are notified to be present on the date specified by John Handtmann, Sr., clerk of court. The first case that has been called is that f Schoening vs. Smith and grt The plaintiff. a farm- er from Flash is suing Dr. L. G. Smith, Mandan, and Dr. C. E. De- Moulley, Flasher, for alleged dam- ages. 130 to 150 pound averages golt 725 to 7.75, wi i SO , ; | Grain Review 4 Ose, Minneapoils, Jan. 28.—(AP)—(U. 8. D. of A.)—The wheat market was in a rut practically throughout the week with wheat prices at a low level and crop statistics indicati: a plentiful world supply. ice a vances were promptly checked by freer offerings, or diminution in the export demand, eceipts of wheat were smaller than a_week ago and th2 bulk of the arrivals were of a quality to bring the low end of the premium range. Toward the dle of the week, high proteins weakened and lest two or three cents at the top of the range. Friday three cars of No. 1 dark northern, with 15.10 per cent. protein, 15.40 and 15.45 per cent, all sold for 1.96%. May wheat closed at 1.27 a loss of one and one-half cents for the week. Durum continued steady and somewhat slow. Duluth May durum closed at 1.21%, losing 1% cents for the_weel Corn was slightly easier for the week. Cash No. 3 yel‘ow lost two cents fo rthe week, KING ALFONSO OF SPAIN Vicente Blasco Ibanez, after at- taing worldwide renown as a novel- ist, attracted attention as an oppo- nent of King Alfonso and the admin- istration of government in Spain. His caustic attacks against the king led to his conviction for lese majeste, but Ibanez kept out of reach of the Spanish government by exiling him- self in France. The ‘ ester of are campaign against the ruler and other govern- nent officials, including, Prime- de Socia] News of ivera, the military itor of i Spain, the novelist admitted ‘in sev- Mandan Vicinity eral of his pamphlets, was to over- ee eee ee throw the monarchy and have set up| Hatzenbuhler-Jones in Spain a republican form of gov- WwW ‘edi ding Thu rsday at (NEM-31-143. NW &-31-142-75 BW -31-142-75 NEY -35-142-75 SEY -35-142-75 Less 890 ft. x =2-142-76 NEY -23-143. {Personal and ernment. 00) ¢ o| more liberal supplies of fresh but- 1% 102% @ 1.03% 2 205% @2,20%5 $e Livestock Review —— ° _ Oats continued independent in ac- tion, but slightly weaker. May oats closed at 515%, a los of 1% cents for the week. Barley was steady. Mello:- malt- |ing qualities were in good demand ‘all week. May closed at 1.03%, 1% cents lower for the week. Rye was in fair milling and ship- ping demand. May closed at 1.03%, down 1% cents for the week. Flax was stronger. May closed at A), a loss of 2% ce‘ns for the week, NE resem rec HT: f Butter Market Daisies | | | Chicago, Jan. 28.—(AP)—With ter available, many of the larger users have turned to fresh goods. Gradual. shifting from ° sto: Fe to fresh butter has made possible a fair clearance of fresh arrivals, al- though at times there-is consider- able. accumulation on receivers’ floors. Under such circumstances, receiv- |ers are inclined to hold ai: grades a little firmer. Meanwhile, the out of storage movement is only slightly lighter than the previous week, or the corresponding week la.t year. Reports regarding the make of butter are conflicting, however. Students in producing sections say production is increasing slowly. Lots arriving at the larger markets from regular shippers vary, but the majority shows slight increases. { O ee PER SRATR MOVE Lee | Financial Review > New York, Jan. 28.—)—Unmis- takable evidence of sttffening credit conditions developed in this week's financial markets. The Chicago and Richmond Federal Reserve banks in- creased their rediscount rates from three and one-half to four per cent money. In New York call and time money, bankers acceptances and commercial paper rates advanced co- incident with the heavy withdrawal of out-of-town funds and the further liquidation of United States govern- ment securities by federal reserve banks, The stock market broke sharply on the Chicago bank’s increase, but re- covered most of the lost ground the issuing rally. The recovery in fi the New York Federal Reserve bank rate was unlikely which seemed to : borne out by the retention of the 1-2 per cent for at least another v Favorable trade and divide: news also had lish influence. Sensational gains of 20 to 40 points above the year’s lows were recorded by about a score specialties in which pools have been accumulated. Bear traders who sold stocks short, were badly punished. A few soft spots cropped out during the week, but there were no unusually bad breaks. Standard industrials moved up rather slowly, and appeared to meet large offerings on the rallies, but de- veloped strong support whenever threatened with | selling attacks. Rails were sluggish but special strength developed in Illinois Central common and preferred and Texas and Pacific, all of which touched new di United States Steel common dis- played a strong undertone in reflec- tion of reports that mill operators increased from 78 to 83 per cent of capacity during the week. Youngs- town Sheet Tube soared to a new high record on the announcement, that terms practically had been com- pleted for a merger of that com) with Inland Steel. The annual re- port of the Bethlehem Steel corpor- ation, issued on Thursday, was rather Hiking to Paris South St. Paul, Jan. 28—()— (U. 8. D. of A.)—An uneven mar- has been ket tle division, in progress in the cat- steers and yearling from to the new era of the inquisition and| was cau; for that accomplishment Alfonso| blossoms. must go. the country is free.” continued to reside at Valencia, Spain, where his wife died January 21, 1925. The novelist, in a state-|at the home of the bride’s sister, ment, declared that his wife’s sud:/Mrs. John Klein. A color scheme o! den death, although she had been in| pink and white was attractively car- ill health 12 years, had shock, caused by the kin: tration of his estate and all his prop- “ Mrs. Jones will make their home erty in Spain. ez married at Mentone, France, Mme. Dona Elena Ortazar Bulnes, widow| is the of a Chilean diplomat. a widely known authors. Many of|_ Mr. and Mrs. Hatzenbuhler of is for photoplays. Among his notable] were out-of-town guests at the wed- screen plays were “The Four Horse- | ding. men of the os Vere dca “Blood Sand,” and “Mare in “The Four Horsemen” that late Rudolph Valentino first attract-| tained members of their bridge club ed attention and from which he start-| #t dinner Thursday evening. Cards ed on his way to become one of the| were played at five tabl most noted screen actors of his time.| ner and favors for high scores were during wl States and visited a number of cities. BAPTISTS WILL prices were stimulated by unofficial | Peo! nd| the institute he will Alfonso Blamed for Troubles “It is not the military directory, St. Joseph’s Church Madeline Hatzenbuhler be- but the degenerate Alfonso who is mainly responsible for the troubles in Spain and catasttrophe in Moroc-|came the bride of Dale Jones Thurs- co,” Ibanez wrote in one of the early |day morning at St. Joseph’s church manifestos of his campaign. “Never|in Mandan, has history shown a monarch more|ed at high mas: deceitful and less powerful than the} Miss Justin cruel and faithless puppet of the|wore an afternoon dress o! Spanish throne. Mi: Father Urban officiat- 9 o'clock. ssel, bridesmaid, The bride’ aes bot . The 's was ts crepe da-chine aul her voll “The time has come ight with a wreath of orange green to put an end| of whi now no rest until} Alex Staudinger attended the groom, and the bridal party was Is paren to the altar by little tian Stebner, flower girl. A wedding breakfast was served I will The wife and children of Ibanez ww ven und County, this 15th day of Jai (SEAL) 1—28; 2—4, 11. [CHURCHES | TRINITY ENGLISH LUTHERAN i CHURCH gaa no Sg Services, Suttday at 10:45 a. m. Topic: “What True Faith Can Do. Sunday school at 12:00. John Poder , superintendent. Classes r all ages. Evening services at 7:30. Topic: i the's nuary, jintments. been due to/ ried out in the table ap trip, Mr. ’s seques-| After a short weddi In Mandan, where the groom is em- ployed with the Northern Pacific ilway company. Mrs. Jones, who ughter of Mr. and Mrs. Ja- cob Hatzenbuhler of Richardton, has Many Filmed made her home in Mandan for some Ibanez was ranked as one of the| time On July 4, of the same year, Iban- books were recast as scenarios rdton, parents of the bride, vee see was|_ Mr. and Mrs. John F. Sullivan and I the| Mr. and: Mrs. E. R. Griffir enter- jostri it it after din- In 1920 Tbanez made a world tour,| 8warded to Mrs. R. A. Countryman ing which he came to the United] and Dr. Lloyd Erickson. F Mr. and Mrs. Theodore Serr en- tertained: at dinner Thursday eve- ning at their home. Guests included Mr. and Mrs. Frank McGray of Gar- rison, Mr, and » R. W. Lumry of Bismarck, William Burnside of Sid- ney, Mont., and Mr. and Mrs. Matt CONVENE HERE lle tee epee 01 -two these uni fortunate people fase been Cromiey at ee * baptized during the past five years.| Mrs, Earle and Miss Betty meee Peppermint = Mittelsteadt of Hazen are visiting esa in ‘the, Moulmein schol eae eonareaiie ssi ba ae a taw4hy graduation ‘she came. to. teach in| day for Minneapolis where she will | “Harpa Morton Lane high school in Moul-|be the guest of friends. Sunday School 11 a..m._ B, C. Svat hoot She eel Aste ibealncs Tile sae mee 1. Gm. Tol an ; F; - Be » E. yl and separate herself from al of her Auto Dealers Discuss {7125 2.75. Bose ka Work” le.. Yet she could wri er 1 feeds a a am ot a8 Tentative Show Plans t a) cme Savious Leads Me.” Reverend| _ Members of the Bismarck-Man-| Evans will deliver a lecture wee: oy ieee Dealers, ssaociation ‘ Gospe].” De ring| Sales company offices in Bismarck speak each| Friday night to discuss preliminary each afternoon. on| Plans fc the Slope Automobile ry subjects. show that will be held in the state The Institute will o each| training school nasium at Man- and afternoon with a spe-| dan in March. No announcement of cial nal, service in charge of| plans will te made until completed, the tors. The following men A » President, said. b Mer. ype} Conn., hart sti) Rev. C. A. Stephens, pastor of | was set Mo ee the Bismarck church, will have} course by Judge Walter M. Pickett seeege 9 the song services each Ja common plesa conrt tc lay. Asa: . ins sentenced ve days Dian aud supper will be served in’ jail for flying lower than the to bar ial cto Med aviation laws allow, had furnished 4 trams’ will be carried Out by the| 2OR4® pending an. sppeal, but, was) 12:00 pastors at each meal. These pro-| ‘etained at the co pil 0 |e will be varied from day to y and inters) with songs and brief talks by the pastors. Free-For-All Fight SATURDAY, JANUARY 28, 1928 and @ hts of r in or to such ret ing is a list of the real estate sold at such tax sale on which the period of redemp- tion has expired. will be forever forecloni barred of any and all or other rig ._ Follow! 0} ite each tract anpe: which will be required to re- leem from the effects of such tax sale at th redemptio: which the said land was sold, interest an thereon, subsequent de- linquent taxes prior to those of the year 1923, and penaltics and interest thereof, |. Moerr . Hoerr . Hoerr . Hoerr : Hoerr 1928, A. C. ISAMINGER, County_Auditor of Burleigh County, North Dakota, Is— jans- —Ashford. Chorus of An, Clark. Ave Marie ‘in D—! field. 12:00 noon. Sunday (classes for all ages). 3:30 p.m, Junior league. 6:30 p. m. Intermediate and Ep- inane ad Pec "he Sa e ist 0! the Indian Road.” Lead Trae tae pantas willipceach :30 p.m. The pastor will preac! the third of the series of sermons on Masterpieces in Art. The pic- ture for consideration will be e Good Shep! |,” by Plockhorst. A =r print of this famous picture will be on exhibit throughout the service. The choir will sing the anthem “Lead rae O King Eternal,” by Wilson Mrs. W. G. Childs will a selected solo. Solace—Pease. Can- Solemn March in C se! i 1. Church College night Wednesday at 7:30 p. m. PRESBYTERIAN CHURCH Second and Thayer Streets Paul S. A Me worship 10:30 Broadcast by KFYR, Hoskins-Meyer. _Bchool, offer in music. C. R. Frankhauser, | Organ Prelude—“Abide With Me” morning. worship. Subject: : ‘eps the lows. Anthem—' God that Madest Earth and Heaven” osecee Vail Offertory—“Melodie” ... Massenet Anthem—“My Faith Looks Up to Sermon: “A World Passion.” Postlude — “March ‘Brilliante’... Postlude—“Grand Chorus” +» Clansoman Selections “Great Is Thy Love”. “Out of the Ivory Palaces’ Paul S. Wright. be [orn i: ol connec? glenc-coo? S| avonant el Clute Ss [rroacnd