The Bismarck Tribune Newspaper, February 23, 1928, Page 2

i a = nor seems i sofHEAT PRICES PAGE TWO GRAIN LIVESTOCK HIGHER TODA v ——— nedlold Weather Over Domestic ted Winter Wheat Belt Af- wht fects Market mut oft wag Chicago, Feb. .— (AP) — With natunexpected strength shown in Liver- andpool quotations, the wheat market! Oats— an here averaged higher today, all de- assliveries touching the topmost prices Natyet on the present movement. Profit Chitaking, however, and corn weakness Newled to reactions. Cables told of gen- of eral food shortage in parts of Eu- You"pe and there was a forecast of low of temperatures likely to catch a good deal of domestic winter wheat with- the Out any snow protection. {agnet lower; corn 1 1-8¢ to 1 3-de off reaand oats at ’-8c decline to 1-8¢ ad- Wheat closed unsettled 1-8 to 5-8c convance and provisions showing 2c to cor rop. lear-zero temperatures predicted| not 20r tonight in some sections of Ne to nels. of iza the Re United States dered ee cage tory gave special emphasis today to reports at hand telling of dam- age aready done by alternate freez- sf and thawing weather. Mean- while, Liverpool sent word of sustained demand from Continental Europe. In this connection advices were received of famine in parts of Albania, with Hungary and Jugo- .W Slavia importing both wheat and ] taken that, des corn. Attention of corn traders today centered largely on the fact that lower temperatures gave promise of enlarged receipts. Notice was also e shortage of corn € in certain important feeding states W@ more -corn has reached primary till markets up to date this season than #l8 for any previous corresponding time © jn 17 years, barring only two excep- Dr tions. It was current talk in some in quarters that corn prices are too ort high in comparison with hogs ' values, and that the present heavy (movement of hogs to market is mi the me cle str wa adit of J ju ing kil for me be. at. no un wh mi act largely due to this situation, G WHEAT PRICES GO DOWN WHEN CORN TURNS SOFT Minneapolis, Feb. 23—)—Wheat prices started strong today but the market met profit taking and eased back when corn turned soft. Rye strength was an early feature and good export sales of wheat and rye ‘were made over the holiday. Oats gained early but reacted with corn and barley did likewise. Oats started higher and fell back with corn, but again developed firm- ness around mid-session. May rye scored at 1% cent advance at the start. May barley followed the same course as other coarse grains. May flaxseed was steady to firm. Cash wheat arrivals over the holiday were fair and met a good demand. Pre- « mium basis was firm, especially for high protein and good weight springs. Average quality was in fair to good demand. Durum was firm with a fair to good demand. Mills reported light to fair flour sales over the holiday with shipping directions steady. Corn offerings were good and de- mand was better. Oats were firm. Rye was firm to strong for good milling quality. Barley was strong offerings were moderate and demand was stout. BISMARCK GRAIN (Furnished by Russell-Miller Co.) Bismarck, Feb. 2° ’ No. 1 dark northern « + $1.10 No. 1 northern ... No, 1 amber durum . No. 1 mixed durrm . No. 1 red durum . MARKETS | By Assvciated Press Leased Wire CHICAGO GRAIN TABLE ‘eb. 28 Close Close —Today— —Today— iD iilare Yesterday YearAgo Open High Low Close im O; fat lai a ¥ March 1.334% 1.34 1.84% = -1.38 1.38 [weights scarce in broad @% 1.83% early top to traders 16.25; bulk May 1,34% 1.39% 135% 1.83% __ 1.38% |medium weight lambs 15.50 to 15.78; @% @% @%@1.34 | better grades 92 to 96 lb. lambs eli- July 1.31% 1.32% 1.33% 1.81% 1.31% |gible around 15.25 to 15.60; sheep @1.32 @% @% |steady; Corn— feeding lambs unchanged. March 96 95% 96% ——_—— @96 i RANGE OF CARLOT SALES May gtd aa tH 9% Minneapolis, Feb. 23. § 6, % ft July 1.01% 80% == 1.01%, 1.01% Re ie ee @% @% @% 1.78 3-8; March 55” 355; 55% @% May 56% Ad% 56% 56's @% @'3 July, (old) 525% 44% 52% 53 52% 52% @%@k @i3 : é July, (new) ‘54% 54a 58% BB nEarley, sample grade, 89 to .92; March 111% maz ate ars tae |G cs Ne white .65 14, : 6 ex ‘; Ryé No. 2 1,09 1.4. May 111% 1.05% eu 1,13 1.11% 1.11% Fis No. 1 2.26 3-4, 1.07% 1.03% 108 198 1.06% 1.06 566,000 RE tag 1.10 ; pr 11.02 11.02 11.02 i hig 4 aaa March 1 2. J : 4 ‘ o 1132@ 1185 11:30 11:80 OF STATE LAND May 11.40 12.60 11.35 sii ae ieee jae 11.62 11.57 11.67 uly 11.65 Ls ‘ 9 (Continued from page one) 11.92 1.90 1182 1182 yay 10; Billings, March 29; Botti- d 14.50 10.92 | Reau, Ba ; 4 Burke, March 17; ane 14,20 11,17 16; Cavalier, March 1; me re arc! Hi unn, arcl Mey ete 16g0 12 dag Bas and Emmons, March 9; Golden Val- July 12:35 12.27 1230 12.25 ines ees 4 co Sept. 12.55 12.50 lettinger, March 22; Kidder, March 17; Logan, around 6.50; bulk cost Wednesday Sheep—3500; undertone strong on fat lambs; best kinds early 15.00 @ 15.26; strictly choice kinds scarce; fat ewes mostly 8.00 @ 9.50, RALLY LOSES ITS MOMENTUM Pools Succeed in Marking Up a Number of Specialties 3 to 6 Points enzie, March 21; Mountrail, March 13; Rai 23.—(AP)—Butter, 901 tubs; 46c; standards 45 + extra firsts 44 1-2 @ 45; firsts 42 1-2 @ 43 1-2; seconds 39 @ 41 1-2, Eges—higher; 24,973 cases; firsts 28 @ 28 1. MINNEAPOLIS FLOUR Minneapolis, Minn, Fel 23.— (AP)—Flour, in carioad lots, un- changed. Family patents quoted at 7.45 to 7.55 a barrel in 98-pound cot- oe sacks. Shipments 43,629 bar- Tels. Bran 33.00 @ 33.60. CHICAGO POULTRY Chicago, Feb. 23.—(AP)—Poultry alive, weaker; receipts 5 cars; ‘eamery extras| Sheridan, Mi New York, Feb. 23,—(?)—The rally in stock prices, which set in Tuesday, was resumed today, but appea to have lost much of its momentum. Pools succeeded in marking up a number of specialties 3 to 6 points, but renewed weakness rubber and heavy offerings . S. steel common on the bulges tended to restrict bullish operations in other sections of the list. In view of the sharp reaction a lew days ago, considerable interest was manifest in the weekly brokers’ loans statement to be issued by the New York federal reserve bank aft- er the close of the market. The decline in stock prices ordinarily would indicate a substantial con- traction in loans, although the sit- ton hus been complicated by the calling of assessments for the St. Paul stocks under the reorganiza- tion plan during the period cove: by the loan statement, it being as- sumed in some quarters that these payments would tend to keep loans fowls 23 @ 24; springs 22 @ 29; turkeys 25 @ 28; roosters 20; ducks 22 @ 28; geese 18 @ 20. MINNEAPOLIS CASH CLOSE Minneapolis, Feb. 23—(4)—Wheat receipts aie 443 compared to 256 a year ago. Minneapolis cash wheat and coarse grain closing quotations er follow: plant de; ern Bell retary of the 1 DNS, fancy To arri ket 137% @1.65% | F. M- a, first aid di 1.35% @1.64% ion Orvee i 10% @ 1.59% 28% @ 1.39% panies. up. Steel common was frcly offered around the 140 level but General Motors showed a firm urdertone on Predictions of record breaking first quarter earings. U.S. Rubber sould down nearly 4 points to 47 2-4 in re- flection of the further decline in rubber futures. Montana Power which scored a sensational advance on Tuesday, also yiclded toy profit- taking. Bullish operations were most ef- fective in American radiator, Bur- pany, - 126% @ retary 2 DNS, c hto fancy. 2 DNS, gd to choice. 2 DNS, or dto good. 2 northern ... . 3 DNS, ch to fancy. 3 DNS, gd to choice. 1.382% 3 DNS, ord to good. 3 northern ........ . 1 ae fied (Mont.). A oO oe . a (Mc : " (Continued Small Telephor 16.00; several loads 14, ville, March 21; Slope, March 23; Stutsman, March 6; Towner, March 13; Ward, March 9; Wells, March 8, and Williams, March. 10. A complete listing of the land to be offered for lease will be filed with the treasurer of each county a week before the date set for receiv- ing bids, Byerly said, and all per- sons interested in leasing state land will have an opportunity to look over the list before making an offer. PHONE MEN TO *TALK SHOP’ AT DEVILS LAKE (Continued fiom page one) tment of the Northwest- ‘elephone company; “Prop- er ion of Subscribers Sets and Central Office Equipment,” by J ae Crowley, secretary of the Min- nesota Tel Paul; “Accomplish tonal Telephone Association’s Traf- fic Committee,”by C.C.Deering, sec- U. S. Independent Tel- e e association, “How to Make a Peg Count,” by the traffic department of the North- western Bell com 8, Bismarck, will giv Ermotinger, secretary of t |. Ermatinger, secretary of the highway commission, will talk on the use of highways by wire com- it weil mbs finished 4 No. hard winter 1-2; No. 2 amber No. 1 mived durum Bowman, March 24; Burleigh, March Divide, 26; Eddy Grant, Merch 21; March 13; March 16; McIntosh, March 15; Mc- McLean, March U.16; Mercer, March 23; Morton, March Nelson, March 16; Oliver, March 22; Pierce, Marc’: 12; Ren- March 14; ioux, March 28; tark, March 27; 30; March 12; ite, Chica; ny. Van: lade a Si Properties.” STATE LEGION %| OFFICIALS AT MEETING HERE from page roughs adding machine, Interna- rrive .......5 tertained the membe: tional business machines, Case|Minn. & SD, 1 dark of his large stock of stories. °70| threshing, Peoples gas, Greene Can-| hard ‘i Explaining that .46| 8ea copper and International Tel-| To arrive . ans 1.20| ePhone, all of which sold 3 to 6|Minn. & SD, 1 hard. points above Tuesday’s.final quota-| To arrive . tions. 1 amber durum. Mr. Hoverson said Rails held fairly well despite the tion is paid only for disabi : i ion of an smneatialachory cor able to war-time service vara aniiah' on ings report. nion ic, ASA ee eeae Fig spine Chesapeake & Ohio and a few oth- under shell. er leaders advanced a point or so, Hard winter wheat . but Seaboard air line common Dark hard winter wh¢ MINNEAPOLIS RANGE Feb. 23 Open High Low Close Wheat— March 1.28% 1.28% 1.27% 1.27% May 1.30 1.30 1.28% 1.28% July 1.31% 1.31% 1.30% 1.30% Rye— March 1.045 1.04% 1.04% May 1.06 1.06 1.04% “ee 1.03% 1.0315 1.02% ts— March Ma: 53% 53% 52% May 217 217 2.16% 1.37. Barl 2; and the third a er ASH OO AK yellow ST w.see 20 NO 8) ST tars’ tional. hosp! 0. wi r he DULUTH RANGE Barley 89 to 101, Feb. 23 ye, no sales. Open High ~ow Timothy seed 2.80 to 3.55. Durum— Clover 19.50 to 27.00. i Minot, where they March 125 185% 1 aint went 10.95; ribs 10.87; bellies trict meeting saly 126% 1.26% 1.26% 1.26% x (regia 1,09% 1.09% 1.08% 1.08% 4 1.07% 1.07% 1.06 1.06 fay 219 219% 218 218% uly 221 221% 220% 220% SOUTH ST. PAUL LIVESTOCK South St. Paul, Feb. 23.—(AP)— (U, 8. D. A.) —Cattle, 2,500; iberal._ supply; unde ~ milk salable around 10.75 @ Joad/ cars, on track 244. Taal. turned weak in the early afternoon. The closing was irregular. Con- flicting movements in the hign|3 grade railroads occurred in the final hour. Union Pacific went up 3 1-2 points to 196 1-4; the year's highest, while Atlantic Coast Line slumped 5 1-2 to 170 1-2, a new 1923 low, Fluctuations in the industri- als, also mixed, were less pro- nounced. A sudden gain c? 2 points by Sinclair Oi! betokened nervous- ness of the short interest. Total sales approximated 1,700,000 shares. CHICAGO CASH GRAIN Chicago, Feb. 23,—(#)—Wheat No. 2 hard 1.36 to 1.37 1-2; No, 2 mixed 1.3 main ob; of activity is ment. He ur yellow corn.. yellow corn. pos yellow corn. national yellow corn. mixed corn. time. draft bill, FARGO Dye rork fed] medit So" SuFe ne POTATOES Chicago, Feb, 23.—7)—(U. 8. of A.)—Potatoes: Recel; rey cart demand nd fui mode market stronged; Wi round whites 2.00@2.10; 38 =38 Be rs Sole fee cannot represent tl ment and the claimant at Compliments Local Post Complimenting the local post for a-Boy Scout troop, State mmander = lon said that ‘ged members fat cows and butcher heifers dull at/ Wa recent decline; lower grades moder-/ hangin, Lh ase bulls steady to strong;|since that time the electric chai veal steady; medium light steers | h: in run largely 14.00/tions have taken piace there since ighty steers| 1914. 50 to 15.00; ‘handy th lemand fat ewes 9.00 to 9.25; northern 1.35 1-2 to 2 dark northern 1.29 5-8 ; No. 3 dark northern Sample grade dark north- 1 hard TO BE LEASED McHenry, association, ments of the Na- com lity trace and told of and THE BISMARCK TRIBUNE Lee states. Prior to 1914 was the method used but been used. Fifty-four electrocu- The surprising fact about the sys- t.m of handling prisoners in that State, according to Warden Lee, is| be: the comparatively f w escapes. Only 36 prisoners took French leave from the institution during 1927, and 29 of em were recaptured, he was told. Het Springs by ‘his, duugheer: Mise of rings by his daughter, Miss Julia ey He has been away about & month, during which time he took @ series of treatments for rheuma- tism at the Hot Springs baths. This famous city has changed a great since he was there 20 years ago, he says. A conflagration in 1913 wiped out 23 blocks of the main busi- ness district, but this has been com: pletely rebuilt. LINDY CONFERS WITH BUSINESS MEN AT DETROIT (Continued from page one) at Selfridge field in a plane late Dae accompanied by H. M jixby, president of the St. Louis chambre of commerce; Harry K. Knight, president of the St. Louis flying club; Frank Robertson, head of the Robertson air mail contract- ing firm, and B. F, Mahoney, presi- dent of the Ryan air lines. Lanphier arrived at the field a few hours previously in a plane from Buffalo. The group, together with an unidentified local man, be- | stood to have had a hand in design- | ing, fa the absence of any announce- {ment by Col. Lindbergh or any of his associates, the reports were based on the flyer’s movement and infor- mation gleaned from persons at Selfridge field, where Col. Lind- tgh and four St. Louis men who accompanied him here from the Mis- souri city spent last night. It was reliably. stated today that Col. Lindbergh and Major Thomas G. Lanphier, flight commander at Selfridge field, were with represen- tatives of the Ford Motor company in a hangar at the field and inspect- ed the new model plane. It was built, according to information obtained, from specifications fur- nished by Col. Lindbergh and Major Lanphier. Details remained a secret, Blackmer Got $750,000 of Profits (Continued from page one) reopen its investigation and advis- ing him that he should make a state- ment for him. With Schuyler’s disclosure, the committee now has unearthed $1,932,000 of the $3,080,000 Liberty bonds that continental concern bought with its profits in buying cil.at 1.50 @ barrel and selling it to ree Seats Oil and Gas company for Besides the $763,000 of Blackmer bonds, the committee has cvideuce ! of $800,000 returned to the ['rai | Oil and Gas by James E, O'Neil, a other missing witness in tie Sinclair case, $61,600 as legal fees lieved to be a representative of the Stout Ford air services, immediate- ly went into closed conference which lasted until late last night. It was said the group was to meet with Edsel Ford today. VISIT CENTERS AROUND INSPECTION OF PLANE report today was that the visit cen- tered around an inspection of model of a new airplane in which the transatlantic flyer was under- to H. S. Osler, president of the Contixental; $223,000 which Sinclair aid to Fall after the Teapot Dome! lease and $75,000 given to the Re- publican National cofmittee pre- sumably by Sinclair. GOVERNMENT STRIKES FROM 3 DIRECTIONS Washington, Feb. 23—(?)—The ;mer got $763,000 of the Continental | Trading company bonds, and start- smokes St. Jo- W. W. Wixer, president of the Berthold Farmers Telephone com- Id, and A. T. Olsen, Talerhone fe Van i Kk, iil company, Van ‘Hook, wi tell “How Wer Mad sec- e 1 iccess of on.) rs with a few the U. S. Veter- reau is the agency of the government set up to take care of men disabled during .war_ servi reau, inasmuch as the latter department both the govern- the same one the Legion program community _ better- to know gh a EI role nag ney told of the this time. One th e universal ital at Far; probably, ‘be started within the another the bill to m the national defense act,| - measure to provid italization faci mn work on thé new U. S. will next le ilities weeks, Rulon said. The visitors left this morning for will attend a dis- tonight. ' Luckies ’ toasted 7 & move to bring ano wer batch cg men. to court o2 contempt “Nn the District’ of Colttnbia sue that the senate had no right to ask him questions about the bonds, some of which the government charges Ber frivolous and he. wes ordered re- and he.was 01 re. congressional at liberty under bond. Bic Before the senate oil committee, Karl C.:Schuyler, lawy r for Black- mer, @ missing witness in the: oil triofs, testified Blackmer received the bonds, and that they were now in a New York bank.: He said his client had told him he knew of no illegal use having been made of the its of the Continental. eithe~ in se of Teapot Dome or other- wise.. Following his success in convict- ing Harry F. Sinclair, William J. Burns and others of contempt for shadowing the Fall-Sinclair oil jury, District Attorney Gordon an- nounced he would procerd Edward . Kidwell, the all ative juror, and all of tl i tectives who participated .. the jury surveillance, | MANDAN NEWS Mrs, Elizabeth Senn Dies at Son’s Home Mrs. Elizabeth Senn, 77, died sud- denly: Tuesday at’ 5:30'p. m: at the home of her son, John Senn, 109 Fourth avenue northeast, Death ‘was due to heart failure. Mrs. Senn had contracted a slight cold during the week, As she sat down to the dinner table she was seized with’ the heart’ attack and died a few minutes later. Born in Russia in 1851, Mrs, Senn Detroit, Feb. 23,—(AP)—Out of a! government struck at the long- | grew to womanhood there and mar- | the! maze of conjectures as to the pur-|standing oil case from three direc-, ried George Senn, who died in Rus- pose of the “mystery flight” to De-|tions today, winning a pcint in its|sia 81 years troit yesterday of Col. Charles A.|contention that the senate had a United Lindbergh, the most authenticated| right to arrest Rober W. Stewart of {her son. the Standard Oil compan; of Indi-| alana; developing that H. M. Black-!one son, a brother and sister. She came to Mrs. Senn teaves five ceuetters, | daughters are Mrs. “Adam Lock- j beam, Mrs. Frank Hartner, Mrs. Jo- to protect his throat, “The voice is essential to stage work and its care one of the actor’s greatest worries. During the course of some of tity stage appearances, I am called upon at intervals to smoke @ cigarette and naturally I have to be careful about my choice. I smoke Lucky Strikes. and have yet to feel the slightest effect upon my throat. I under: : ing frees this cigarette from any that toast irritants, They’re 100% with veal 8 14 R., ya preme court, Stewart’s contention | of the| J. J. Ku left ‘States “in: 1889 to live with | Springs, Minn, where seph Stebner, all of Mandan; Mrs. Joseph Emter, St, Joseph; and Mra » Je = for many » A Mandan. Seven ‘uneral arrangements have been tody. gelered until word ta tected from Froelich. Mrs. Senn member of St. Joseph's Catholic church and the St, Mary's society. {Personal and Social News of. . .. Mandan Vicinity | D. A. R. Entertain at Colonial Tea The Daughters of the American Revolution gave a delightful Colon- inet 1 tea and Guest Day party Tuss- See cenmsnn wy the of Mrs, izatio! % cna tad organizations wore cos- tumes and the roomr were arranged with pieces of early period furni- ‘“iirs. R. W. Shinners was in charge Me the peer, and eee ty an, or were es Morea ed uo fp Stewart, . Shinners, Mrs. G, Mrs. 11, A. Randall, Helen ors, PW. McGillle ant Mrs. A. W. Furness presided at the tea table. ij ee Francis L. Schafer left today for Henderson, Minn., where he will spend month with relatives and iends. eee Mr. and Mrs. C, A. Braun and Emerso: Moti ‘spent guest of relaives for about weeks, Sw turned from Fargo, where he spent several da on business.