The Bismarck Tribune Newspaper, March 10, 1928, Page 2

THE BISMARCK TRIBUNE ARKETS Associated Presa Leased Wire FINANCIAL NEWS SATURDAY, 10, 1928 12.00 to 13.00; slaughter. lings to new high ground for the year or and she lam! to It taki: in the 1475." cutis pool favorites definitely’ checkéd Grocery Co. Employe ———_ the upward movement in the last Alleged Embezzler So © || hour of trading. General Motors aia Financial Review _ |} fell from $161 to 156, DuPont from Devils Lake, N-D. March 10. FEATURES ON THE AIR ae all CHICAGO G! $355 to $3! Radio from $117 to IN TABLE $114, and Hudson from $9487 1-2 Ge ee ae ote ee 7% KDKA Wik x4 WRO. ia att 2 indi, New York, March 10—P—Alto $b0.50. . Gee tele Gs scheras ot cn wor, weak lose jose —_ sensational buying movemi in ne Whear- Teerday YearAgo Open "High > Low Close | General’ Motors ‘common, which SURE BOAT IS Ghost aware on cee ‘ al aroused si len! enthusi- GO DOWNWARD|"s 1s a aS rte roof ia cary| © BEING USED IN | | the-fae penitentiary by Sete a4 e al indus- be ae May 1.36 188% “136 «1.86% 1.85% 1.86 | trials to within one-fifth of a point RESCUE WORK) “© ™. 50 foes ‘ sr ce @% @% @% : : t s9 of the record high level for all time, — Devils Lake, N. D., March 10. Active Selling, Developing in| July Qt @kag! Ta, LNA Gk Le [established on the firat trading day} (Continued from page one) _| (AP) -—E. F. Routier, Htamsey county m a é . y 0 ar, overshadow other i 7 as Final Hour, Brings About | sept, 133 130% 18% 139, 190% 1 developments in this week's finan-|9°¢,,c2nt, ,coastguardsmen were ven ee Oe es Declines Corn— iy “Mteneral rotors entinih elvatced STEAMED GOES AGROUND i ititpeet need ta | 4 { March 95 F 955% 9514 93 93% | more than 20 points in seven trad-| 1 BLINDING SNOWSTORM Grocery iaane here while an em: By Prove) . Chicago, March 10.—()—Active| May 1% 97% 98% 96 96% | ing sessions to 159 3-4 which repre- Plymouth, Mas, March 10.—()| ploye. Proerems selling which developed in the final 1 A Nee 1.01% 98% i ih ue mie ae —The Eastern Steamship company’s} Rider has informed State’s Attor- ica és hour today carried grain values July Oy) 1.00% 01% 98% ? $350,000,000 in the market value of steamer Robert E. Le: was high|ney H. W. Swenson and Sheriff sharply downward, with corn in the} @'s é 00 1 4 the Creed 's outstanding stock. | 27 dry on the Mary Ann rocks, two|Routier of his intentions to ro lead. Increased pressure to sell in| Sept. 84% 1.01% = 1.02% 1 00% | When the advance began the buying/ 900 8")? Tra nomet Points, at low tide| guilty when a: ed before Judge the ‘corn market resulted largely @' @1.02 presumably was based on predic-| iii moming. A messag: to the © W, Butts in district ct but ) * from bearish views expressed by a| Oats— 56 54y sam, | tions of record-breaking first Manomet Point coast guard station| Mr. Swenson stated he would n ( = widely-known speculator, Many| March ‘ 7h este bose. | tet earnings but as the week closed) 1°0°)'',, from the steamer, which| allow him to enter the plea until " standing orders to let go of holdings} May 46% 565 = 5M ‘ i. it also developed that the Managers sounded while bound from Boston |he conferred with counsel. both or corn and wheat were forced 3% % 51 Bt Securities Co. owned by General| fo "New York last night, said that at} The money is alleged to have been % into operation by the late declines] July, (old) 46% wa ‘ Motors executies, had purchased/ 7. hour there was no water in the | embezzled between October, 1925, today, and did much to accelerate i a a Gis | 200,000 shares of stock in the open) reine room which m few hours ‘ the downward swing of prices. July, (new) 53% 52% | market for $30,000,000 in cash, or tanice, bed Wee! inccea, Th Corn closed unsettled 7-8c to 11-2) Rye -— 51 es 115% 1.16% about $160 a share. This announee-| or ather was improving and those left for tents net lower wheat unchanged to ¢ 1.15% 1.16% 115% 1 ment was primarily responsible for} t oo+d were considered in no dan-| California, when he was made credit 1-2c off, oats 1-2¢ to 1 1-4e down, Bate sae ieee eth de sharp run-up of more than nines abo manager. Bavisione vine fi Qc de- 094 10% 1.00% 1 int sterday. aia h iat ccuan wivence c de. U. 5. Steel ccenidon, clinibied nor Radio messages from the Lee] The shortage was not discovered 6 four points yesterday to 146, early in the night had indicated that| until last December and January, Adverse field reports from travel- 42.40 11.32 i nae which dipped to around 85 she was in great danger, but later/when the company’s auditor exam- {ng crop experts in.domestie winter] March i A o| May 12.57 11.70 11.70 11.60 11,60 in the F reacti rossed|Word was thet the first s of|ined the books and found many Buying here of west toaay, and| _ July 127 1971197 11.87 1487 [Tonto know “peak price for. all Captein H. W. Robinson had abated, |alleged manipulation of accounts thus supplemented at times’ the|Ribs— bs ‘ e time. International Nickel, Greene Seay Saint were waa Wied is married and has two bullish effect of relative strength} March 14,75 11.30 Cananea Copper, Midland Steel|fortable an ere was No con- . shown in the Liverpool wheat mar- July ket. One authority reporting on Bellies— 14.45 11.67 Producte preferred, Montgomery fusion aboard, observations in Ohio said wheat| . March Vi i It was indicated that no attempt 12.60 Stark! eae atid (td t rs ut would be made to take off any of h ; 65 the 150 passengers and 113 members fields were somewhat better than in] May ; 16.87 12.67 12.67 = 12.67 _—| bear ‘attacks last month, also made Mlinois and Indiana, but that in mast July 12.90 16.60 1292 1292 12.92 ae an from their « re- See ee eane ae sieacieee of the section between Fostoria an cent low level S a , * Dayton wheat is very poor and will MINNEAPOLIS RANGE The further falling off in freight] to, transfer, them Wiatunon wen Izaak Walton G need excellent weather to give a March 10 car traffic was reflected in “the|Sberdoned. ‘The George’ Washing. a alton Game reasonable spring start. Open High Lew Close} sluggishness of the railroad share: ton, coming ght: New York, balted Fund Slowly Grows } Another Chicago crop expert tele- Wheat— Public Utilities stocks responded to| {0 OnE from Ney eats moe] 7 y 4 © grapbing from Dalhart, Texas, said March f 1.28% | reports of expanding earnings. Aline but, after an hour's wait, it ‘was ie that from Oklahoma City to Dalhart, May 1.30% 1.51 1.29% 1.80% | revival of-activity and strength in] ee a that che-neieroun reste: anal Izaak Walton Chap‘er’s a wheat plants are sickly in all fields, July 1.82% 1.32% 1.31% 1.82% | the oil shares followed the decision) 2) now water made it impossible for Renee fund Friday was just a le and not weel rooted. No top growth Rye— of the California producers to cur- her to get near the stranded vessel ittle short of” the $1,000 mark. has been made so far and the stand| x" i March ; 1 tail production, and another in- and the sea was too rough to at- Funds are still needed, according to is thin. Sensational Advance in G.M.C.,| May 1.09% 1.10% 1.09% ,1.09% | crease in the price of export gaso- tempt the transfer. The George |t8® committee in charge ‘of the ad E - Radi 1d Oth Checked uly 1.05% 1.05% 1.04% 1.05 | line. Washigton proceeded to “oston. Usher fund. They annoanced the Be ~ WHEAT FINISHES adio ant ers ec! we ta th aes ares broke to new Be ane ve ei sorts Bi ~ WITH FIRM TONE * arc i levels for the year in sympathy Rescue Vessels Stand B; ‘eviously reported, vir : Minneapolis, March 10.—(AP)— in Last Hour ay 58% .54 52% . 53% | with the collapse in Crude Rubber) Several rescue vessel: were tana G. A. Renden $10; B. ©. Pemer- Pe Wheat finished an erratic session ; lax— ~ | prices to the lowest level since 1924.| ing by at a distance of about a mile. |! Wm, Murname $5; C, E, 3 with a firm tine. Liquidation) New York, March 10—@—The|May 2.17% 2.17% 2.17 2.17% | The break in rubber followed the/They included ‘the coast ¢uard cut- 374.8—woc terian Fi brought on by yesterday’s break and|sensational advance in General |2U! 2.18%] announcement that the trade in/ters Red Wing and Tuscarcra, the | Stat Sch 20: icon 3 py wn, pl 5 ges of a March weakness in corn met better! Motors, Radio and other speculative rley— ‘ Singapore favored the abandonment| submarine tender Bushnell, | the fb seca tists; ‘Mr. a ra, Loren és support, and short covering caused| issues, which has been under way| May 85 (85% 83% 84%} of the Stevenson plan, restricting}naval salvage ship Falcon and the $ . Scott $5; Me-| 8: vid Lawrence : B. Curtis and daughter, a = 8 teal bees le ine 1-4 to 3-8 out a week, was finally checked July 82 82% 82 82 ee rubber from British apnea stoee Mallard. nich [MB oor Fe eater fli oe B Shirley, fireside song. ¥ | => cents higher for the day. in the last hour of trading by the care wane ana a +. @ blinding snowstorm in which|™. E. Bo: } Mike Roche $1; Chas. Snee ‘ :00—Services by remote = Oats broke sharply with corn,Jenormous, volume. of profit-taking DULUTH RANGE ee the steaner struck ceased early to-|Caddoo $1; Albert Reec $1; Anony- 5:00 Hromm Bt iarys presales a dipping 1 1-4 cents under yesterday’s|sales. The reaction followed an March 10 b AaaeRamEE FEE ee TORE Ra day. This ‘forenoon the gale had|™ous $2, drat. # > close. Stope loss selling found sup-| amazing outburst of strength at the Open High ow Close Grain Review - | labated considerably but the sea was| Total to date §955.66, e rort oe May aed had a ics opening which carried more than a aT wa ee Eyed Heads oe a x. O! cents with large receipt and| score issues, includin : most of the | Marc! < ‘s shift of the win m the southeast & = cash ease, pool favorites, to new high ground.| May 1.26% 1.27% 126 1.26%] Minneapolis, Minn.,. March 10.—|to the north, with indications that it He ai] mo — = _ May rye advanced 1 1-8 cents early|The day's sales set a new Saturday | July 1.28% |(@)—(U. S. D. of A.)—The strong | would swing around to the west later on reports of good export sales. Cash| record of around 2,000,000 shares. Rye— jundertone which characterized the in the day. With an offshore wind $:ig-Devia 2 i wheat offerings were smaller than| General Motors, after attaining aj May 1.13% 1.14% 1.13% 1.18% | wheat market during the first part|it was believed the seas would abate 8: = estimated receipts, and demand was|new record high at 161, fell back to|July 1.09% 1.09% 1.08% 1.09% fof the week melted away with the| materially and permit of: rescue - mixed. Protein above 12.50 con-|156, or nearly 4 points below last|__ Flax— ai receipts of a general snow and rain | work, a” tinued easy. Protein above 14 per|night’s close. Radio di d from | May 2.21 2.20% 2.21 ‘fover the principal wheat belt and| Several officials of the Eastern] p, returned from cent was firm, Winter wheat was ie 6 M14, where. it eke still ci July 2.24% 2.21% 2.21% 2.21% |the government farm reserve esti-| Steamship company. arrived here ones oie jon he has been 68| Minneapolis May wheat closed at} to take off any of the passengers or training school, | | 80. ST. PAUL_LIVESTOCK . . all new peak prices for the year, or| No. 4, 55 Ibs a gain of % cent for the! crew until the seas abated. The| John O'Rourke left Fride: South St. Paul, March 10.—(®)— ". e closing was heavy. No. 5... (U.S. D. A. ve open in fe] saiae Tiseee ne yer es “f No. Prealums ss saibeaticwene dangeres ie x was said (ess ‘Butte, for the week woun ‘A°H CLOSE One t s on Duru: at coast station, was made u lower on steers, yearl- Mice Messe 10.—(AP)— | der 55 rear core Tobe cents | steady. with milling quality in ‘good| establish direct communication with ings and lower grades of fat she] Wheat receipts today 321 compared | under shell. demand and offerings moderate./ the Lee’s commander. stock, other grades and ckers| to 183 a year ago. Minneapolis cash | Hard winter wheat ..... No, 1 amber was quoted at the Du- ea and feeders about steady. Hogs|wheat and coarse grain closing quo-| Dark hard winter wheat + 1.09 | luth May price to 80 cents over, with] TWO COAST GUARDS DROWN | he will be joined later by went into the close mostly 10c or] tations today follow: TT No. 1 mixed at 3 cents under to 30] WHEN SURF BOAT CAPSIZES Ripley and daughter, ‘and jore lower, sows and pigs ruling!1 hard spring, fancy CHICAGO PRODUCE cents over. Duluth May durum ad-| Plymouth, Mass., March 10—(#)| Margaret Bingenheimer. party lower, while killing lambs closed| Montan: via 1.12%@1.17%| Chicago, | March 10.—(#)—Butter| Yanced 1 5-8 cents ‘for the week,|—Two members of the Manomet| will continue the trip to California. weak to 25c lower, sheep steady. | To arrive ........ 1.65% @1.72% | —higher; receipts 9416 tubs, Cream-| Closing Friday at'126 5-8. coast station were believed to “8 : * Bulk of the ordinary steers and|1 DNS, fancy Mont.. 1.69% @1.76% | ery-extras 49 1-2;-standards 49 1-4;|, Corn showed no particular change/| have drowned this forenoon} Mrs. H. L. Dahners entertained at! yarlings sold Friday at $10.50 to) To arrive ........ 165% @1.71% | extra firsts 48 to 48 1.2; firsts 44| for the week although the market is} when @ surf boat capsized in the! a dinner party Thursday evening in in small supply and steady. 6 1-4 points on the day; Dupont from ——_— mates as of March 1. The general | early today after an automobile trip a pati : the Durum offerings were small and| 355 to 360 and Hudson from 947-8 BISMARCK GRAIN Tos and a8 provided ae © for from Boston: After surveying: the ee ‘root at: the Northern Pacific = demand fair to good. to 901-2. International Harvester! (Furnished by Russell-Miller Co.) [the dry section and much needed scene they outlined a tentative plan uaa = _ Corn offerings were fairly large] sold down 4 points below last night’s Bismarck, March 10 “ad where. ‘ - |to have the passengers of the Lee] Mr. and Mrs. William Connolly of = and demand was quiet to slow. close and U. S. Steel common, Con-|No. 1 dark northern ... $1.11, taken off late: in the day in navy| Dunn Center have returned from Oats were in good demand for|solidated Gas, American Can, U. S.|No. 1 northern ...... Pe e tugs and brought.ashore. This plan California, where they spent \ the thoice, quiet for poor, Industrial Alcohol, General Railway|No. 1 amber durum ... was dependent upon the weather. \ | winter, Mrs. Connolly wilt visit in © = , Rye of good milling quality was in Signal and several others, yielded a|No. 1 mixed durum ... At 9:45 a. m., after several at-| Mandan for a few days with : her = demand and daa Pp more, p tNo. 1 red dur 98} niece and nephew, Mi Florence ; 3% , Barley was in large supply and] A few. stocks continued to show|No. 1 flax ak and k i Connolly and L. H. a = demand was quiet to slow. Prices independent strength in the face of|No. 2 flax Dark north nee ig) fi “4 reece ce . = eeereged Soot lower, Price range|the geeneral selling. Baldwin Loco-|No. 1 rye . 4 aces. a ; ee Pity a usions f ster bey Sack Attorney Otto Thress of Ditkin- a VBlaxesed aa fe ood demand and Tonal” Tea we pth a eh nes ets z tay at 10 to 15 cents over the May; Ey Lee oe dan ‘aod visiting with Mie Geach =. premiums firm. . SS dient = $3.4 points to 94 Speltz, per cwt 18 per cent, 28 to 84 cents over, and} It was thought on shore that the io ie an intrastate te state| = and American Telephone 1 to 181 3-8, - SHELL CORN 14 per cent, 40 to 48 cents over./ coast guardsmen would not attempt Ripley left Thursday for Hat “Sortigs, Mont., — 11.75, best yearlings reaching $12. seee 1.88% @1.75% | 1-2 to 46 1-2; seconds 41 to 43 1-2, | eported to have had considerable| heavy sea while returning to the renee Connolly, Most of the fat cows cleared at os Pe eae: Me. al ms ee Eggs—higher; recel 7 speculative support. shore from the stranded liner Rob. -'t pe pag da ty. A 6.75 to 8.50 with most heifers 8.00] 1 DNS, gd to fancy. a firsts 28 3-4; During most of the week oats|E. Lee. Seven others ~ho ch to ppoint- to 20.00, cutters 5.35 to 6.25. Most] To arrive ........ 1.35% @1.64% }- the overturned boat were cescued. and sales of stockers and feeder steers cy. 1.57% @1.74% reper with wheat toward: A power boat which cruised the eve- were, made within a spread of 8.50 1.42% @1.61% 7 cats tof vicinity about, where toe surf boat “and =D, Wil vealers sellin; rom %, 41% Mare! 0—P)—] overturned failed 8 miss- Rus- 12.00 to 13.00. F 1 dark northern. TOKO LIA, lis pel and Wednesday, but closed at 53% men. h pre- . Bulk of the 160 to 220 Ib. hogs| To arri 129%@ springs 3|cents on Friday, a loss of % cent for ‘the fold at 7.90 to 8.00, other medium 1.29% turkeys 25 to the week. Mrs, find heavy. butchers 7.65 to 7.85] To arrive .: 128 20 to 28; geese 16, Barley was strong during the fore- jostly, Light lights cleared 2 DNS, ch to fancy. ——$$_$—___—. Part of the week with hi 7.00 to 7.50 with packing sows at/2 DNS, gd to choice. 1.39% @1. CHICAGO LIVESTOCK pig sale both to domestic i §.25 to 6.75, most pigs 6.50. 2 DNS, ord to good. 1: 89% | Chicago, March 10,—(4)—(U. 8.|for export. On Friday t .. Better grades of fat lambs cashed] 2 no: i EEF Hogs—Receipts mar-|fancy malting was at 15.50 to 15.65 Friday, less desir-|3 DNS, ch to fancy. 1.46% % strong to 10 than} 92 cents; medium able kinds down to 15.00. Cull and|3 DNS, gd to choice. 1: average; 8.40 tep p for| 84 to 87 cents; common kinds were salable from|3 DNS, ord to good. 1.25% @ ‘ scaling 190 to 210 Ibs.;| to 84 cents, Close was 10.25 to 13.50, with best fat ewes a bulk 140 . & loss of 2 cents for the week.” . room: Zrom 8.50 to 9.50, others and culls eos Hr to 6.45; "desitenle, ee Rye prices showed. a .strong. tend- i pa in tine condi (27% @1.53% | 320 tb. butel to 8.10; ni R le . RANGE OF CARLOT SALES To arrive .. teers largely. 6.00 to. Zits, hulk. pecking Which was construed as bearish, and) “Boston, Mass., March 10.—(AP)—| 1X ROOM moder emery east; ge prnenpalis, March 5 10,—(P—| Minn. & SD, 1 dark A sows wife 7.25; 8) peers es oad jestahent, he ase Riese A two-word roaie neaaage, inter-} front, screen " fe of car! grain sales: af ti dover 2,000; - cepted here toda; near j ents as. aes } Heed 780 to 8.30; cai 8.05 if 8.45; fate ‘week.: No, 2 son” and believed to be from Captain cation ie SRISS8 j . R liberal terms, No. 1 dark northern1.31% @1.56%.| Minn. & SD, ee 30% | light 7.75 to 8.45; hts 6.60 iy at 2 to 4 cents over May. © | Robinson of the steamer Robert E. modern home, . No. 2 dark northern 1.30@1.45%6, mason, BD) ther iz 130s te 8.40; eae sate 7.50; “te displayed no particular sc-|Lee, said: “Abandoned ship.” SEVEN Soy m very choice fl . No, 3 dark northern 1.30@1.46%. | F, be: 1.45% @1.55% | slaughter 10 to 7.85. + apa sax reached the high} | This was interpreted to mean that) tion near ‘achools, 4 bed rooms, “T . Sample grade dark northern 1.22%. + No. 1 hard spring 1.51% @1.60%. No, 2 hard winter 1.3314. , No, 1 amber durum 1.30%. - No. 2 durum 1.214%@1.21%. No, 1 mixed durum 1.26%, No. 1 mixed wheat 1.36%. ley: Sample Yaga 83@96. i on Wednesday and|the 118 members of the crew were modern throughout and very de- DHHODDO P+) 8 BREE EER LES fae RAMDDOOS ODE SEELTPERED? FETE ECRRAETE ID EEE UTTER HE AD TEER EEL TEEPE TENE: Para DDOOVO’ & Peveyetevetorey 1.55% | Cattle—100; compared a week of SHEL | goed oe fod ne 0 8 ener Ge otters emer rs, yeh ae 1 | Toes maT eemeee JSAM Oc R17, a gain of % cent since ott miele HIGHER OOM modern bese, 5 bad 01.26% | ium selling 13.00 downward; |!ast Friday. A message received shortly after- treble oy in fine location. ste: ward at the navy yard here indicated SIX ROOM modern H 1% downw ee oe Saree and crew had left] yoms, hot water at steamer. J tae |g et FS APY ANCE | cus ot Se GGT laitts 27 sie boc ant 1.25% | to ‘de SENSATIONAL garding man's origin is that of the ude] ROOM modere bungelew, 8 ‘ < : —— ancient Peruvians, who believed that] - thoroughly modern, in good loca-| 3 yellow 29@93, Continued Page one) _ |the sun came down, laid two eggs,| tion near schools, with garage, 8 white 5415. i one! rific pace was set in the early trad-jand from those the first human ich, if maintained, promised |ings came. , s Saturday record for the 7 f ~— o cheresteczow|( LETTLE JOB {| £3t*,<tolee cation near enhoot, if |__ ne ee ere small speculators, sed by the: hi BReSS ES aR RT RRA REET it ef af B48 Patt fi : at AY BARREL IS PROCK THAT _ on ~ 50; BT sup asa i, wei al thed 973 s te fh a i p x Seventh iret al "at Apt, 2, Persce| Sermon: Fo Ae pega | is yg %