The Bismarck Tribune Newspaper, February 23, 1928, Page 3

i THURSDAY, FEBRUARY 23, 1928 Beef Cattle Outlook the United ini in 1928 will prob- ably be from 6 to 10 cent sraall. er thon in 1927, number of cattle on farms and ranges Janu- sty' 1, 1928, is the smalies. since 1912, With beef prices relatively high compared with other meats, there is expected to be a somewhat smaller demand. Prices of slaugh-| ter cattle probabl; higher than in 1937 according to the annual livestock outlook Teport. pared by the United States bu- reaw of agricultural economics and reissued by the office of Paul C. Newman, agricultural statisticign. Most areas and states showed de- creases in cattle numbers during 1927, In Texas and the southwest cattle and calf marketings in 1927 bared Md pin at ged peed The number of cattle on january 1, 1928, decreased 6 to 1@ per cent as com ared with 1927, eights of cattle on feed are the lightest for “Elal Rdtion apt al production extend over periods of from 14 to 16 years. Previous periods of low production occurred in 1898 and 1912, The in- dustry at present is in a condition similar to that in 1913, when the trend of production turned upward. This trend is likely to continue for several years to come. The present relatively small numbers of cattle js Ma country combined with the ig likely furnish the incentive for cat- tlemen to restock. As a result, the decrease in numbers of cattle mar- keted will continue, and may be re- duced to from 6 to 10 per cent of last year. With a plentiful ply of corn, and with high cattle prices, the tendency will be to hold cattle on feed longer than usual. Supplies of finished cattle in the United Sates in 1928 will probably be slightly greater than one year ago. Supplies of stocker and feed- er cattle this fall are likely to be even smaller than in the fall of 1927. Canada disposes of her sur- lus production in the United tates, but since imports a 1927 rey ited only 2 per cent total slaughterings in the United States, American beef and cattle ets are not likely to be seri- ously affected from this source, Quantity s: jm Briefly, it seems with smi er numbers of cattle coming to mar- ket, with 1 average weights per head, and with no scrious com- Petition from foreign sources, ac- cording to present pects, the quantity of f available for dom- estic consumption in 1928 will be definitely smaller than in 1927, The demand for beef in 1928 may bes erode Pcrczn on account of relatively high prices compared with pork and mutton. during the latter half of 1927 with business declining, beef prices con- tinued to advance. If, as now seems possible, business conditions improve! change or no! in 1928, there may be little decrease in the demand for beef. Even though the demand for beef in 1928 falls below that of 1927, such reduction is not cxpected to offset the spearent decrease in market supplies. <A’ rpocted to fe copalderahly i ex! to considera! pete oan tions. di saa th jusiness 8. dur 16 last half of 1928 show improve: over the latter half of 1927 and hi supplies continue to decrease, catt! will be in an unusually strong posi- tion.* Any increase in cattle num- bers will not materially increase market supplies until late in 1930 or 1931, so that cattle prices sho remain on a relatively high | for the next three or four . Outlook The hog industry is i through the low period of a hog price cycle as a result of expansion in production stimulated by high prices and the favorable corn-hog ee alge lies of beef.cattle in| fa: prices of the past months will! G; 1 was pi However,! {AGRICULTURAL OUTLOOK-LIVESTOCK | market, the wool outlook appears Numbers of lambs on feed are likely to increase if weather condi- tions this spring are favorable for @ normal lamb crop. At the same time, there seems to be a slacken- in Cagle! il Cl lamb, may ue to zedui ar chasing power of consumers. With improvement in business weg during 1928 and continued high fae of beef, consuming demand is is trending upwerd and tow is ape upward and now reach ‘the caution in regard to further expan- sion in production of mayket lambs. For sheep producers who depend on wool for the major part of their income, the outlook is not so un- favorable. . Horse and Mule Outlook Numbers of horses continue to decrease in of the country, and trend is likely to be maintained for several years to come. -Eventually this re- duction will reach a point where scarcity will cause prices to rise to higher levels. Average prices of both horses and mules on January 1, 1928, show an increase over a year ago, pos- sibly indicati hat the upswing in the price cycle has begun. Price increases have been greatest in the reat’ Plains area where farm p chasing power is higher than a year where's rugged topography make a ography makes the substitution mechanical power less practicable than in the prairie sections, The demand for horses in cities continues to decrease as autos and trucks are being substituted. De- velopment of tractors better aday for farm use is resulting in a - Adela es Ried equipment for horses, ought im- practicable heretofore. Better roads are bringing about increased use of trucks on farms for the marketing of farm products and combines con- tinue to displace horses in the wheat producing sections, Eventual- ly, however, the number of work animals will be reduced to a point where an actual shortage will cause prices to rise. If prices of horses and mules continue to advance dur- ing 1928, it will probably indicate the beginning of an upturn in prices which may continue for five or ten years. In any event, farmers can- not expect to replace their work stock a few years from now at the present level of horse prices. Egg and Poultry Outlook The number of laying hens and pullets on farms January 1 5 bly not much different from that on January 1, 1927. Feed grains and mill feeds will probably average somewhat higher in price during the first six months of 1928. Present —— indicate no great , egg production during 1928 in comparison with 1927. However, low storage holdings of on January ist is a which should result in better egg prices during 1928. Holdings of dressed poultry on resin Ga 1928, were considerably lower on January 1, 1827. Wit! lower supplies. on hand tive demand as strong ing ‘past year, prospects for a high- er price level for the principal class- | bette: es of poultry ap favorable, at least during the first half of . In recent years certain tendencies have’ developed in the industry which might well ‘be considered by ese lucews in meneleg teat Pp ald! operations: .Vinter egg prices have level! shown a downward tendency since the World war. It is Ee that the decreased spread mn win- ter and spring egg prices will con- Ea prevailing in 1925 ard 1926.| an increase in numbers of swine of from 6 to 8 per cent in 1927 as compared with 1926, no re- duction in seasonal hog surplies for slaughter is indica’ until next fall or winter. Domestic demand for pork demand is | creases in foreign 1927. No changes in hog prices, ex- cept the usual seasonal fluctuations, are likely to occur until next fall or winter, wl market supplies are likely to be by reduced pro- US vacy ‘sharp atvanees. hoe lo very vances prices are likely to occur before the summer of 1929, duction indicated the ny Brot giay Rng Mog oy} Slower then usual, end with. milk ted value be- | . there beef prices which to continue for some time, dairy- men are afforded the opportunity of dapeeing 96 old 1 al tinue. The volume of eggs mar- keted during the winter continues to increase, sn of spend in 8 eg farms, as well as increase in numbers of early pro- ducing pullets on general farms. It a irs that storage eggs of the higihest quality will be an incrieas- ingly important factor in the BR of fresh gathered winter eggs. Dur- ing October, November and Decem- ber of 1927 the fanciest storage ‘ks sold from 3 to Se a dozen Bigher than during the previous year. Many buyers preferred the uniform quality of the storage eggs to the variable qualiity of the ord- inary run of resh eggs. Lat apecialisad poultry farms have increased rapidly in numbers during the past few years. The ‘use of mechanical devices such as mammoth incubators, large unit brooders, etc., has resulted in in- creased efficiency in the use of labor. All indications point to a continued increase of the larger units, if PEOPLE’S FORUM| | PEOPLE'S FORUM FAVORS SUPPRESSION OF ALL CRIME NEWS . D., Feb, 20, 1928. ty to send you in this letter copy of an editorial of “The Commonwealth,”* date Feb. 15, 1928: “We fully Weak with the Chris- tian Science Monitor that the New York Herald-Tribune and the W: ington Star performed a public serv ice by their refusal to ignore all rules of good taste and commen decenc: reporting the climax of a notorious murder c: On every side disgust was voiced at the manner in which sensational sheets projected the most revolting details of the sequel to a sordid crime. Senator Walter E. Edge, who was brought up in the newspaper business, in writing to that journal in praise of its stand, declared that the effect of these lurid descriptions and illustrations was an apparent increase in criminal tend- encies. The commission of other re- volting crimes while still the ink was wet on the ‘death-story extras’ proved that this was no over-state- ment. As is always the case under circumstances such as these, there has been a revival of the cry for newspaper censorship. The best censors of press are enlightened editors such as those who direct the Herald-Tribune and the Star. “That all that is needed in the ‘fight against an indecent press is leadership, but leadership provided by newspapermen themselves from their own ranks, has always been our conviction. We are confirmed in that conviction when we see the ac- tion of influential newsvapers such as the Herald-Tribune and the Star quickly followed by an editorial of approval so sensible as that of the Christian Science Monitor and hear report from the president of the Kentucky Press Association that 90 per cent of the weekly newspapers of that state are printing no crime news and that in all offices where such topics are treated at all, the de- tails are being stead: inimi: The underlining quoted article is min was much pained when told that for the last few weeks the principal topic of the conversation among the larger boys of St. Mary’s school has been the Hickman murder and murder trial. I suppose among the boys in other schools of the city it was not much r, It is not right that the press arouse inthe mindsof ‘ing young men and even of fully grown men thoughts and imaginations that are filthy and cruel. The only excuse which the press may have for giving full reports of such crimes may the assertion: “The public wants it.” But the press should have a nobler estimate and opinion of the public at large and should not cater to the ‘Compare it cup for cup with any other! If you do not think it is freshér -- more fragrant ++ just ‘phone your grocer. He will return your money instantly.“ We pay him. You keep the tea. ’ BLACK (Orange Pekoo) */P. C. Remington & Son THE BISMARCK TRIBUNE toss rast tt, George Washington the newspaper men of North Dakota] Jig Meeting of Rotary at their next meeting would deliber. ate on this subject, and if the lead- — The ideals of Washington ing papers, to which the Bismarck Tribune balongs, would courageously carry out the Bsa which 90 x cent of the Kentucky papers fol- low, -ven before this subject been discussed by the whole North Dakota Ler all ‘S| irs, Vv! NCENT WEHRLE, Bishop of Bismarck. (* The Commonwealth is a weekly published by the Calvert Publishing Corporation, Grand Central Term- inal, New York City.) Crosby’s Last Civil War Veteran Is Dead Taylor read and discussed portions of Washington’s farewell address, noting the principles that were ap- plicable today as well 130 years ago when the address was delivered. A. R. Tavis gave a short and in- teresting talk on Rotary. Mrs. E. A. Lindholm recited “The Name of Old Glory,” by James Whitcomb Riley. The visitors included Mrs. Li holm, Ju John Burke, E, W. Jones, Cliff Ehlers of Garrison and A. W. Quast of Temvik WILL PLAN CONVENTION Valley City, N. D., Feb. 23.—(AP) —A meeting of directors of the North Dakota Firemen’s association is to be held here Saturday, when in- APITOT | who lived in Crosby, is dead. He one of the first to volunteer for service in the Union army and served throughout the war. He was 84 years old. 9 Hinkler Overhauls Engine of Airplane Sydney, New South Wales, Feb. 23.—(AP)—Bert Hinkler, who flew to Australia from England in 15 days, overhauled his engine at Port Darwin today for the first time since - Theatre Last Time Tonight were pointed out by E. J. Taylor at| congressional medal of honor was) Harvesting and threshing the Rotary meeting Wednesday. Mr. conferred by Pre: mate of the navy, for heroic services during the attempted rescue of the crew of the submarine S-4. setting out from Croydon on Feb- ruary 7. ' He intends to fly some 700 miles in }to Camooweal, Queensland, tomor- row and complete his flight to Bund- aberg, his home town, on Saturday. TO ELECT OFFICERS TODAY Fargo, N. D., Feb. 23.—(AP)- Completion of the judging of entriec in the North Dakota Poultry asso ciation’s annual show and the an nual business meeting and electior of officers, scheduled for late thi. afternoon, are the features of to- day’s activities. The association's ae banquet was held Wednesday night. Cities Service Co. Net Earnings Gain 23 Per Cent in 1927 Cities Service net earnings for thc 12 months ended . 31, 1925 amounted to $31,739,717, as com- pared with $25,688,083 for the 12 months ended Jan. 31, 1927, and 1: an increase of $6,051,634, or 23 pe cent. Net to common stock and reserve ‘for the 12 months ended Jan. 51 | 1928, was $22,392,015 as against $16,741,493. This ig an increase of ; $5,650,522, or 33 per cent. ' The company’s net earnings for! the 12 months ended J: were equal to more tha 5 til interest and discount on the deben-| tures as.compared with 9.6 times} for the corresponding period a; year ago. Net to stock and reserves{ wap 4.28 times preferred stock div-| idends compared with 3.66 times. Net to common stock and reserves for the 12 months ended Jan. 31, 1927, was equivalent to 26.68 per cent on the average amount of com- mon stock outstanding or $5.33 per share of $20 par value commo: ock. This compared with 21.38 per cent, or $4.27 per share of com- mon stock outstanding a year ago. For investments in the above see Performances 7:15 & 9 Adults 40c, Children 20c¢: Coming Friday & Saturday GEORGE O'BRIEN Investment Bankers The Pioneer Investment House Bismarek, N. Dak. —Adv. Bread—The Health Bullding Food For Children ThakE TIMES A DAY YOU DETERMINE THEIR HEALTH When you plan your meals you help to de- termine the health of your family. So be sure to include our variety of breads and sweet goods. They’re quality products that supply nourishment in addition to appe- tite- pleasure. Our large variety makes it possible for you to serve several kinds at a meal. Your grocer will supply you. BARKER BAKING & CANDY COMPANY Phone 912' —- - . Serve a Varlety of Baked Goods—Your VARIETIES WONDER LOAF BLUE RIBBON HUMPTY-DUMPTY MILK BREAD JUNIORS 100% WHOLE WHEAT GRAHAM RAISIN RYE RAISIN RYE FRENCH BREAD SWEET ROLLS PLAIN ROLLS Grocer Has Them surance rates and details of th -! gram for the summer conean tion Crop Near Towner will be discussed. will be held-at Langdon in June. The convention Is Harvested and Threshed in Winter GETS MEDAL OF HONOR Washington, Feb. 23.—(AP)—The| ‘Towner, N. D., Feb. 23.—(AP)— mid- 2 saorgley ad to-| winter have been under way near iomas Eadie, chief gunner’s | Towner, and the results are said to {have been entirely satisfactory. Marvin Ell vho failed to finish cutting and threshing a crop of flax near this city, started his @ and completed the task. T wa. said to be of good qui spite the fact it had stood, to the elements since BLOOD HEADS KENM. Kenmare, N. D., Feb. 23.- C. E. Blood, former mayor. mare, is the new Bi ponies local Association of Commert succeeds H. H. Cooper. 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