The Bismarck Tribune Newspaper, March 20, 1928, Page 2

|. PAGE TWO FINANCIAL NEWS GRAIN LIVESTOCK WHEAT MARKET By Associated Press Leased Wire CHICAGO GRAIN TABLE March 20 Close Close —Today— —Today— ‘e “ a Yesterday Year Ago Open High Low Close f jeat— FIRM AT CLOSE March 1.39% 1.40% 1.40% 1.39% 1.40% @1.40% icici May 1.32% 1.38% 1.39% 1.58% — 1.39 Cae 5 @1.39% Big Export Buying © Brings) July % 1.06% 1.35% ete Late Upward Swing—Corn | sept, 154% 1.3412 1.33% 34% Mh, Hits New High iin i! | March 9844 09 9918 8 9943 " h 20.—(AP)— Big; May x 72% 1.0143 1.02% = 1.00% 1.02 ipa bovine of wheat from North, 01 @% @1.01% * @102% America, about 1,500,000 bushels,; July 1.03% 17) 103% 1.0413 1.02% 1.04% brought ‘about a late upward swing | @% @775 %1.08% a @%s @'s in the wheat market tod On the} Sept. 1.04% 1.044% 1.055; 1.0373 = 1.0544 other hand, some wheat was booked -@% to come here from Omaha for de-|Oats— ee ae a lievery on March contracts. Corn} March 4d 58% 584 touched new high price records for; May 58% 18% ie 58% the season, indications being that a! a @ 4@58 eae large amount of cheida typi) gO- July 53, 33% 53% fast from here all-rail, despite Boas ; : ied of the opening of lake ace 535% AT ATS na at closed firm 1-2¢ to 3-4 to “March 1.20! ville 1,22 1.21% 1.22 7-8, net higher; corn 1 ¢ to 1 1-2c] May 1.20% O7% 1.21% 1.22 1:20% = 1.82 up, oats 1-8c off to 1-8e up, and} | 4 @B @1R1% a er ains unchanged to a rise of| | July 1.14% 95% = 1.15 1.16 1.14% 1.16 Be. | Mares ss , . os in the, March 11.47 12.35 11.62 Bae aioe today, 98 advancea| May met eats ana ang 175 “ rh ator the i 85 Season, "Advices which were current|_, July 1205 12701205 1422.02” 1818 telling se more Ree fens of | Ribs- free sae @12.05 Ps readstuffs for Continental Euro- a 65 bs an ecdntries, however, were large- 11,80 14.30 12.00 11,92 11.92 Sp asunterbalanced by word that lib- | Bellies— 3 i eral purchases of Argentine wheat} March 12.90 12.90 for Europe had been affected. Profit] May 12.90 16.65 12.90 12.90 taking sales on advances here were|__July 13, 16.20 13.20 13.20 also much in evidence. ‘ i he par of various speculators devetoned| QT ()(K PRICES SWING UPWARD MINNEAPOLIS CASH CLOSE Minneapolis, March 20.—(AP)— Wheat receipts today 164 compared to 44 a year ago. Minneapolis cash ; Wheat and coarse grain closing quo- tations today follow: 1 hard spring, fancy today when the corn market scored advances because of talk of prospec- tive further export business, com- bined with a decrease in corn ar- rivals throughout the west. On the ensuing declines, eee another hah lai . Bb ells speculativ up became conspicu-} | . ‘o arrive . . 784 ous on the buyint side of the mar-|Speculation For Advanee|1 DNS, fancy Mont. 172% @110% ket, and did a good deal to keep 'o arrive . x B values in poise. . Breaks Out on Wall Street 1 hard spring. 1.41% @1.78% Today To arrive ... 1.40% @1.68% 1 DNS, gd to fancy. 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 . WHEAT PRICES GAIN AFTER EARLY SETBACK Minneapolis, March 20.—(AP)— ‘Wheat met a crusher on an advance early but 2 aaa improved on a set- back and early in the last hour the marketing was maintaining a firm front. Trade was quiet after an opening rush of buying and a later New York, March 20—(AP)— Speculation for the advance broke out anew in today’s stock market when the general list swung upward under the leadership of Radio and General Motors. Radio soared 1644 points to 15314 as against a low of selling bee. Other grains were quiet|135 yesterday, and General Motors)2 DNS, ch to fancy. 125% and steady to firm, with rye in a| moved up 5 points to a new peak at}2 DNS, gd to choice. 57% class by itself, an advance of 1 1-4|173. Scores of others advanced 3/2 DNS, ord to good. 42% cents. to 15 points with the short interest} 2 northern ...... 413% Oats gained 1-4 cent early and|again in urgent retreat. Total sales|3 DNS, ch to fancy. 66% fell back with corn. May rye|crossed the 2,000,0000 mark before|3 DNS, gd to choice 51% cag 1 1-8 cent to a new high at 1.18 5-8, fell back, then turned strong. May barley opened firm and turned quiet. May flaxseed ad- vanced 1-2 cent early and lost the gain. Cash wheat offerings were mod- erate and demand was spotted. Av- erage quality spring wheat was in | better demand, but above 12 per cent protein buying was indifferent. Durum was steady and quiet. Of- ferings of choice were small. Corn offerings were moderate and demand was better for low grades, about steady for low moisture offer- the end of the third hour. 3 DNS, ord to good There was nothing in the day’s|3 northern .. news to explain the fresh outburst} 1 dark hard of speculative enthusiasm. There] To arrive has been no marked change for the} 1 hard Mont better in the course of spring trade,} To arrive but apparently there is a huge| Minn. & S March reinvestment demand which | hard is making itself felt in some of the] To seasoned dividend paying stocks. A|Minn. & SD, new crop of rumors sprang up to! To arrive account for the sensational advances | Fey 1 amber in a few issues but most of them 'o arrive . lacked official confirmation, _ Fey 2 amber U. S. Cast Iron Pipe, which is ex-)1 amber durum pected to announce a recapitalization! To arrive . plan which may involve a 10 for 1/1 durum .. stock split-up next month, added 15] To arrive . points to its 28% points gain of yes-|2 amber durum Oats were in light supply and de- mand was fair to good. Rye was in quiet to fair demand | terday. ‘ 2 durum ... and steady. Offerings were small. Collins and Aikman climbed 7/3 amber durum Barley was quict except for good| points, Houston Oil and Rossia In-|3 durum ... pul malting which held in brisk demand.| surance 6 each,.and Victor Talking |1 red durum. Tange was 84 to 94 cents. Machine, American Linseed, Kelsey] To arrive . oe 1 offerings were small and} Wheel, Wright Aeronautical, Amer- Coarse Gr: ‘was quiet, ican Locomotive, Green Cananea|9 yellow corn a Copper, Midland Steel products pre-|3 yellow corn SO. ST, PAUL LIVESTOCK ferred and Case Threshing were South St. Paul, Minn., March 20.}among the many issues to sell 3 or| 4 yellow corn +—()—(United States Department] more points above yesterday's final ‘0 arrive . of Agriculture)—Cattle 2200; steers | quotations. 5 yellow corn yearlings in liberal supply; un-| The closing was strong. The mar-|¢ yellow corn weak to lower; bulk 11,00] ket absorbed profit taking sales well|9 mixed corn 0 12.50; few cars upward to 13,00] as the uprush of prices carried Radio|3 mixed corn 4 | to 14.00 and above; she stock un-| Corporation to 158 3-4 and General!” [To arrive . i i; two loads yearling heifers | Motors to 173 3-8. Keen opposition! 4 jixed corn early 800 Ibs. 11.25; bulk fat cows|from other stocks caused some ad- | 6.75 to 8.75 heifers 10.00 cutters un-|ditional notable advances. Rossiaj 5 pie ee, “changed! bulls firm, bulk medium] insurance gained 11 points, A. M.16 mixed corn. aa 7.00 to 7.50; stockers and|Byers 6, and Electric Auto-Lite 5|2 white oats....... in light supply stead; 1-2. Mackay Co. after touching|3 white oats....... Calves 2300; or more lower; good|134, broke to 120 1-2. Toward the it 11.00 to 11.25; choice kind|close, Radio broke over 7 points on e profit taking. Sales approximated Hogs 8,500; opening weak to ten| 3,500,000 shares. big than Monday average; light weight 7.85 to 7.90; CHICAGO CASH GRAIN To arrive ....0.+6 4 white oats....... Barley, ch to fey... To arrive ....... . Barley, med to gd... ‘| Republicans nominate a man at 36 | three members who attended a 4 | way it did, Senators Glass, 4 {during the Wilson administration to 4 | lease reserves, but had been turned 3114 |back. Glass said Ryar.’s aid to the & | cled the field twice, nosed down, and Oil Committee Hot on on Trail of Missing Bonds (Continued from page on:) was treated to one of the most hee- tic partisan debates of its career, with more than a dozen senators flinging verbal darts across the aisles at each other. Demands were made for the resignation of high ad- ministration officials, including See- retary Mellon, and one senator, Rob- inson, an Indiana, eagle oss sug- ested that Governor Smith of New ork might be able to “throw con- siderable light on what’s been going on_in the last four years.” Robinson sought <. show that Sin- clair contributed heavily to Smith’s gubernatorial campa:gn in 1920 and afterward became a member of the New York State Racing commission, holding that ost until after the first oil revelations. Chairman Nye said the oil committee had been in- formed that such was the case, but added he saw no reason for calling the New York governor. Gov, Smith declined to comment when in- formed in New York of this develop- ment, Reed Defends Smith Senator Reed, Democrat, Missouri, ‘candidate for the presidential nom- ination, defended Smith against sinuation. During the entire three hours cf debate, which revolved largely around the attempt of Senator Borah, Republican, Idaho, to collect from individual Republicans a “repu- diation” fund to return to Sinclair, not a voice was raised ia defense of the administration or the party’s acceptance of the Sinclair donation. Senator Harrison, Democrat, Mis- sissippi, who started the row with a review of Will H. Hays’ manage- ment of the Harding cahoaet criticized Chairman Nye for his Baltimore speech attacking Borah. Nye defended himself and Borah also got into the fray defending his own course, declaring that if the Kansas City whose “clothes smell of smut, it will go to defeat.” 1 Harrison, as well as Senator La 'Follette, Republican, Wisconsin, brought the name of Herbert Hoov- er, a candidate for the Republican presidential nomination, into the ar- gument, the former declaring the commerce secretary was one of meeting called by Harding to plan Coolidge Criticized La Follette, a Republican irregu- lar, said both Hoover and Charles E. Hughes were in the cabinet when the Sinclair contribution was made and neither had condemned it. He also criticized the continued silence of President Coolidge, who, he’ said, was the chief beneficiary of the Sin- clair gift because it “cleared the decks for the 1924 campaign.” When Nye demanded an ei eed tion from the Democrats of the re- cent contribution of $60,000 to their campaign chests by Thomas Fortune Ryan of New York and Virginia, with the statement that the Democrats. been successful in the 1920 election the oil reserve leases would have fared just as well as they did with the election aging the jarrison and Swanson, the latter another Vir- ginia Democrat, came to the defense of the minority <Je. They declared the same oil opera- tors had attempted for eight years Democrats always had question, Lindbergh to Get Con- gress’ Honor Medal (Continued from page one) nearing Le Bourget. A crowd of more than 25,000 was listening in- tently for the drone of the motor that would indicate his coming. A few minutes later it was heard. An object flashed across one of the lights from the field. It was gone again, The field attendants worked the lights frantically. There it was! The “Spirit of St. Louis” cit- been beyond came t. rest in the midst of a shout- THE BISMARCK TRIBUNE what he termed an unwarranted in- | — how the 1920 deficit would be raised. | jot, Negro Janitor Con- fesses He Kills Woman (Continued from page one) ‘school where they were both teach- | q ing at the time. Mrs. Kimball was the daughter of Knight Chevalier, an artist of New York. Miller, an Algerian negro who had | +4, been in this country five years, had been charged with two attacks on women, one a girl of his own race and another a white girl. He was freed of both charges, the white Fee ’s parents refusing to prosecute ause they feared notoriety. N. D. Voters to Indicate ry * * Their Presidential Choice Today (Continued from page one) Ellendale, Nonpartisan, sought the post of Republican National com- mitteeman. T. D. Casey of Dickin- son and J. N. Kelly, Grand Forks, were in the race for Democratic Na- tional committeeman, Many communities elect munici- pal officers and pass on bond is- sues, while two constitutional amendments involving increased pay for state legislators and clarif; the powers of f the state Lael ‘of § g 2 5 Suk se 5. oes S58 3 od ark ok 4" ged 3" 33 a. fed 6e8 6b ist W. 1st Pe. Wm. Moore Sch.90 190 530 Ist W. 2nd Pe. Little garage 72 176 291 2nd W. Ist Pe, Will _school 58 201 3825 2nd W. 2nd Pe. Swimming pool 72 175 371 3rd W. 1st Pe. High school 81 211 410 8rd W. 2nd Pe. Richholt Sch. 68 181 372 4th Ward 6th St. Poolhall 30 187 329 5th Ward A. C. Office 34 «#160 «6354 6th W. Ist Pe. City_Hall 48 170 267 6th W. 2nd Pe, St. Mary’s 35 «131-267 TOTALS _588_1782_ 8316 equalization were on the state bal- Ss. Although the weather was favor- in Bismarck today, “General Apathy” was greatly in evidemce and very few voters were exercis- ing their right of franchise. of contest over the presidential, nomination has resulted in lack of interest in the presidential primary and only those who are interested in one or the other set of delegates and electors are going out of their way to cast their ballots. At 3 o'clock this afternoon only 588 votes had been cast in Bis- marck, as compared with 1,732 at the same hour in the primary elec- tion of June 30, 1926, and it is pre- dicted that not more than one-third of the city’s normal vote will be cast today, The total vote in this city at the primary election of June, 1926, was 3,316 but indications are, ing, surging, milling, hysterical crowd. All America Goes Wild Lindbergh’s safe arrival was re- ported in America at 5:21 p. m. arly top. 7.90; butchers. scarce;| Chicago, March 20—(AP)—Wheat Bie Corian preg ang ed | Shiaine .50 to 7.75 for medium and|No. 3 red 1.62; No, 2 hard 1.41; corn| “To wrriven ee oa avery Tait steak, Gree “heavyweights; pigs steady bulk| No. 2 mixed 1.00 1-4; No. 3 yellow!2 rye , ae s|danced, sung and shouted. New 7.00; sows 6.50 to 6.75; or better;|1.00 1-2 to 1.01; oats No. 2 whi _a@yverage cost Monday 7.80; weight |.61 to .62; No. 3 white .57 to .61 1-2; 211. rye No. 1 1.22; barley .93 to 1.03; gp bheeP 200; around steady with|timothy seed 2.85 to 3.60; clover ' Monday on all classes; few good to| 19.50 to 26.75. Lard 11,50; ribs “choice lambs 15.50 to 16.25; most | 11.37; bellies 13.00. cull and common lambs 11.50 to } 13.50; fat ewes 9.50 to 9.75 few in POTATOES “between and lower grades 4.00 to March 20.—(AP)—Pota- ipts 186 cars, on track 8.00; feeding and shearing lambs a1 to 76 pounds 14.00, a ears, total U. S. shipments 744; : demand and movement slow, market CHICAGO LEVESTOCK = —_| dull, Florida bliss triumphs in crates March 20.—(AP)—Unit- | 3.75; Wisconsin sacked round whites ed States Department of Agricul-|2.15@2.25; Idaho sacked russets ture)—Hogs, 30,000; better grade|burbanks 2.50@2.’ commercial light hogs fairly active on shipper | 2.00@2. ‘accounts; 160 to 200 pound averages —_— to 20 cents higher than early| Minneapolis, March 20.—(AP)— or steady with Monday’s best kinds; |(U. S, D. A.)—Potatoes light weight in less desirable | inquiry, demand slow, market dull. hogs around steeady with Mon-|Carloads delivered sales, freight ‘® average; 8.50 top paid for|only deducted, Minneapolis and St. ic ed to 200 pound averages; | Paul rate, sacked cwt., round white! les 170 to 220] U.S. No. 1, few sales around 2.00, To arrive . No. 1 flaxseed To arrive .. FARGO LIVESTOCK Fargo, March 20.—(@)—Hogs 150| Hi to 180 pounds 7.00 to 7.65; 180 to 200 pounds 7.25: to 7.55; 200 to 225 225 to 250 pounds 7.25 to 7.50 nds 7.2 7. Cattle good bulls 6.00 to 7.50; medium bulls 7.50; medium bulis 6.00 to 6.50; top veal 13.50 to 14.00; medium veals 10,00 to 12.00; culls veals 8.00 to 9.00. RANGE OF CARLOT SALES Minneapolis, March 20.—(AP)— Range of carlot grain sales: Wheat — No. 1 gark northern 78%; No. 2 dark notrhern . No, 3 dark northern sebie grade dark 07@1.4' is 8.25@8.75; desirable 230 to —_—_—— '%; No. 1 hard weights 8.00@8.25; 270 MINNEAPOLIS RANGE spring 1.46%@1.58%; No. 1 hard .65@8.00; bulk 140 March 20 winter 1.32% @1.85%; No. 2 amber 1.50@8.25; best 8.40; Open High Low Close! durum 1.30%@1.58%; No. 2 durum LT bulk. packing | Marte’ piss, few at 7.40;-heavy- | May 1.27%; No. 26% 121% eed No, 2 mixed wheat 1.26%@ 1.88% | Barley—Sample grade 88; No, 2, 1.33 1.88% 1.32% 38% medium °7.90@ | Jul; 1.34% 1.34% 1.38% 1.34 8 Melaney will sing many times each 505 t Rye— i * ag ee 8. yellow 93%; No, 3 fr in Bane he ining school gym pigs 6.550785, 113% 114% 113 Tide | ate ons, 8 white 56% @50"; ; steer | J 108° 1.09" 1.08 1.09 | Bye—No, 1, 1.16%. “ “/Navy Plans Fresh in- ak to 16 cents cee : pot Flax—No. 1, 351%@25}. quiry of Sinking Sub 55% 35% 55 155% Coie HIGASG, PRODUCE — 229% 224 2.98% 198% |tor higher; eeeetpte Tine Go| sent ames patra a a sata my Me 2 stirs 40%: | amet ee uae, "ace fally’cloened 88% 88% 88% 98% 1@47; scconds d2o4die. ee geal ie base 84% Eges mee eit tall made top tee tees fk te DULUTH RANGE i: wlorage packed extras 2314 @25;| coke, eeeaee ie He had consid March 28%. had been taken out of their sate Low Close} Cheese unchanged. ers but it was impossible to 129%| | MINNEAPOLIS FLouR | fune,jf they had been used. No at- 1.81% ‘1, it Minneapolis, March 20.—(AP)—| way either torpedo ies 132% rig 1. i Flour wndanged, po Rapley be the st Ce Searchers nd 118 1.18% 117% 1, f 37.50@38.50; Wilcsed tad Green es «tase Liss Lise Las” base tthe “Palin Gary site which men had] jazette” has been pub- 4 messages to divers: ir 227 227% 2.26% 2.26% | lished wi H ogpoed : 221,, 321K 220% 220% |tahed without Interruption for 1400 |the early hours, of thei awe York, Washington, Chicago, San Francisco, and St. Louis, home of the flyer’s backers, gave vent to a mighty roar of joy and relief. The young man was a world hero. ‘e was acclaimed in London, Paris, Washi meton and New York. Then came his flight over the United States, his hop from Washington to Mexico, and his ound of South American countries. Now his own country is bestow- ing upon him its highest award. He will go out:from the White House March 21 bearing this symbol, seek- ing solitude to pursue his private affairs. Perhaps he will be 1 mitted to retire from the limelight of public attention, but wherever he goes, whatever he does, Geople will be interested in him. once does # Lindbergh fly to Paris alone for the first time. Sneeze Gave Melaney His _ Opportunity (Continued from page one) it necessary to hunt him up for a second engagement, @|but there was a pi oe Accel ag or 1,200 vt cast > Voting was the heaviest at the first ward, first precinct, up to press time today, with 90 ballots cast there, The totals dwindled lown from that precinct to the fourth ward precinet, where only 30 ballots had been de; the box. The accompsuying table gives vote in each precinet at 3 p. today, together with some compara: Tue “polls will be Polls w ope! o'clock tonight, so that have not yet visited the still cast their ballots i there before that hour. LOCAL ISSUES GIVE INTEREST AT MINOT Minot, N. D., March 20.—(AP)— A bright sun shining and the jweather was warm here this fore- noon when the polls opened for cit; election and the presidential pri- mary. Local interest has been increased by election of a park board member and a balloting on whether the Soo line shall be ordered to construct an underpass at a crossing in the city. JAMESTOWN EXPECTS TO GET OUT A LARGE VOTE Jamestown, N. D., March 20.— (AP)—Indications are for a big vote in today’s election here, due to great interest in the city election at which an entire administration of mayor and 12 aldermen are to be se- lected. The city was recently divid- ed into six wards where four ex- isted before, Up to noon only one-fourth of the total voters had cast their ballots at rush during the noon hour and &nother rush is due this evening when workmen, are until 7 jose who jolls may they go f ae The day is weather perfect, so a large county vote is expected. Balloon Jumper Is Killed When ’Chute Fails to Function Paris, March 20.—(?)—The bal- Toon jumper Botal, in testing a new parachute, jumped 380 feet to his death today from the second plat- form of the Eiffel tower. Tests had been made successfully previously with sand bags, but when Botal jumped the parachute failed to open. He was the second person to die in attempting a para- chute jump from the tower. Scores of tests have been made from the Eiffe! Tower with dummies since the war. Most of these tests able to the polling of a record vote ‘have been successful but a man has| never ned succeeded in floating down from the tall tower. Botal’s attempt was a test of a modified military rachute de- signed to open quickly for low fly- ing planes. The attempt which end- ed so disastrously was unofficial but a crowd of aviators, aviation engi- neers and army experts was resent. 6 BUSINESS PLACES BURN Norcross, Minn., March 20.—(AP) —Fire, which early today broke out in the Sherman restaurant, spread to we totie | buildings and destroyed six business places in the village block and caused between $30,000 and $50,000 damage, only partially covered by insurance. Lack of ade- quate fire protection made it neces- and Herman. The flames got such | lage fire engine proved fatal to headway that it was impossible to| Russel Hoey, 13 years old, last save any of the buildings. night when, in his haste to get to ——<—$————— a fire, he fell in the path of an au- BOY KILLED BY AUTO tomobile and instantly killed. Staunton, Ill, March 20.—()—|The estimated damage of the blaze Youth's longing to follow the vil-/ was $10. i A cup of brown sugar Acup of molasses Cup of molasse? ‘Cup of brown sus Ve al rer of sugar cured p | Vlaver of heals full-flavored coffee —vacuum packed \ sery to call for help from Wheaton “Hoot, Mon, Luckies Dinna Hurt My Wind or Throat,” Says Celebrated Star, Sir Harry Lauder