The Bismarck Tribune Newspaper, March 24, 1928, Page 2

AGH Two WHEAT PRICES ‘ G0 DOWNWARD “Market Affected by Forecast “of Unsettled Weather in Southwest Chicago, March 24.—(AP)—Like- i Improved moisture supplies before Monday, together with an ap- parent pause export demand, led . to lower prices today for wheat, ‘Crop reports concerning wheat were generalyy unfavorable from the central west, but from the south- ~~ west were optimistic. Despite a fair -export business in corn with Copen- hagen the buyer, corn was weak, and (the cash trading basis 2c to 2c lower. ~ Wheat closed unsettled % to %£¢ net lower, corn % to ‘sc off, oats r%e-down to %c up, and provisions aan from 5¢ decline to an equal vi ance, 4, Gorn; oats and provisions were also easier, corn starting 1-8c to 1-2¢ off, and subsequently under- going an additional sag. With rains in prospect, wheat traders t position to see what spring will do the winter crop rather than to judge the market on an end-of-the- winter basis. Meanwhile bear leaders pointed out that the United States wheat visible supply is the largest since 191! this season of the year, and that there will have to be unusual decreases to reduce stocks mater- jally between now and the first of i, May and the first of July. 4 prices today were more or Tess influenced by selling based on “the fact that hog values are down ‘to about the lowest ‘of this year’s prices. Besides, notice was taken that planting of the new corn crop has started in the southern part of sthe belt, and that corn acreage, is reported at likely to be increased almost. per cent, “UNDERTONE DEVELOPS »AFTER EARLY ‘DIP TODAY many showed a dis- Minneapolis, March 24.—(AP)— “Wheat developed a ee under- stone today.after an early Pres- mare wan off onthe ‘desine ‘and ¢| 2 new high record at 191 7-8, led ‘of| 7an from 1 to 10 points, and sent a|3 DNS, ch to fancy. | sales CHICARO GRAIN TABLE March 24 Close Close —T Yesterday Year Ago jie a 1.40% 1.39% 184% 1.30% % % 194 14 1.27% 1.33% @% @134 igh 1.40 4.39 1.361¢ 1.34% Wheat— March May duly Sept. Corn— March May July Sept, Oats— March May July duly Ry 37 99% _ 1.02% 1.03% 99% % 1 a -@% ‘on 51% 57% 51s 51% @% 51% 51% 1.18% 1.18% 1.12 1.04% 1,184 1.19% + 112% 1.05% 1,19 1.19% ~ 112% 1.05% 1.181; 1.91% i) 14.12 90% 96% 12.42 12.50 12.70 14.80 14.35 May July Sept. 11, 11.75 12.05 11.40 11.65 12.60 12.65 12.95 11.72 12.05 11.75 12.05 11.70 12.00 . M ay July Bellies— March May July to 15.25. els and shearing tO le 16.90 16.60 Fat ewes 940 to 9.75.| bs 16.50 12,90 MINNEAPOLIS CASH CLOSE to 109 a year wheat and coarse grain closing quo- ie] ee, ert a3 8} anc; Montana aad i Te arriv 1 DNS, fancy Mont Tovarrive .. MARKET CLOSE 1S IRREGULAR fe General Motors Leads Sharp|1 DNS, gd to fancy To arrive ..... i Upturn and Hits New High {1 DNS. ch to fancy. of 191 7-8 1 DNS, gd to choice. 1 DNS, ord to good. 1 dark north New York, March 24.—(?)—Gen- eral motors, climbing 4 5-8 points to tt at Saram boministiote tominis Bsaren BIaeoeenoee Need To arrive 1 northern . To arrive another sharp upturn in prices in|2 DNS, ch today’s stock market. Heavy week-|2 DNS, gd to choice. end profit taking sales cut down|2 DNS, ord to good. some of the earlier gains, which|2 northern ......... ee pee scattering on issues below yester-|3 DNS, gd to choice. final quotations. The day’s|3 DNS, cr dto good. ran over 2,000,000 shares. {3 northern ..... The buying in General Motors un-|1 dark hard Mont. doubtedly received impetus from|_ To arrive . the prediction of John J. Raskob,|1 hard Mont.. chairman of the finance committee, | |_ 7 hoe LFKKKKKKKKKKK RKKK KKKFKK ®QDOHOHHDHOHDHHHDDD OHHOOD 91 eyeperererey 88 1.29% @1.54%, 1.29% @1.52% ‘ali| that first quarter earnings would Barley offerings were light but de- mand wae le Price tangs was 80 to Fiax a a FF i ci caret s, ff j bei Fy on a Lhe s oH a : YH Z t: i i i fi cH a8 [ i £ | é i ii Py i f a i af € F i Hi He ip F eat i Pm & at average $4 a share on the common | hard stock, and the half year’s earn-| To ings would reach $4.a share. Ex-| Minn. & SD, 1 ha: cept for the further withdrawal of| To arrive ........ in gold for ‘export to Fey 1. amber durum. South America, there were no|_ To arrive ........ tir or business developments|Fcy 2 amber durum. during the day. 1 amber durum. mt fluctuations again took place in the high priced specialties. General Motors and Du Pont each soared nearly 10 points. Buying of Hudson motors, which advanced 2 was influenced by rumors of 1.19% @1.29% a 25 per cent stock dividend at 1.18% @1.25% next week’s meeting of directors. . 7 pf a also were strong. izing sales were most effec- tive in such issues as American smelting, Atlas Powder, Adams and Collins and Aikman. losing was irregular. 80. ST, PAUL LIVESTOCK jouth St. Paul, March 24—(AP) 1.29% @1.32% '% @ 1.32! 1 1.44% O1.54% 1.44% @1.54% 1.43% @1.53 7% 1.23% @1.39 75 1.22% @ 1.22% @1.29 7% 1.21%@ 1.22% @1.34% 1.21% @1.27 7% 2 yellow corn. 3 yellow corn. ‘o arrive 4 yellow corn. To arrive a8 800; steady to 10c lower ‘3 general trade; bulk 170 to 200 7.90; to 260 pound butchers 7.75 0 © some big weights down * 1.12% @1.145 packing sows 6.50@6.75; 1.12% @ 00; average cost Friday 7.82; | No. He @e20% Fedral t PS) Bx 8 ie Ex BISMARCK GRAIN (Furnished by Russell-Miller Co.) Bismarck, March 24 northern -.... amepeargu ng March 24" Wheat— 1.31% May =—«-'1.82% 1.92% 182 1.38 ul 133% 134 133% issn March §=1.12% 1.12% 1.12% 1.12% 111% 1.11% 1:11" 1.11% July 1.0615 1.0715 1.06% 1.07% | No. a 54 BAK 58% pt 218 219 217% 2: 2.1945 2.1915 re Has Pain Dark hard winter wheat . 5, 3 ne 85% 86% 85 ‘ATOES 82% rt std Bee. Chicago,’ Beech 24.—(AP)—Po- St ears Teel US, chien cnts Gas DULUTH RANGE —‘|dementt’ venient moderate; and movement moderate; : 2) market steady d z coal ry e 5 daly q % 116% 14 Ay tiie it % | most advance. - 116 BISMARCK ‘TRIBUNE standards 48 1-2c; " extra 47 to 47 1-4c; firsts 46 1-2 to -4c; seconds 44 to 46c. Eggs easy; receipts 29,522, fresh gathered firsts 7c; — ordinaries 26 1-2c; dirties and cltecks 25 1-2c. RANGE OF CARLOT SALES Minneapolis, March 24,—(#)— Range of carlot grain sales: Wheat: No. 1 dark northern 134 to 165 8. No, 2 dark northern 181 3-8 to 143 1-4. No. 3 dark northern 130 1-8 to 136 3-8, Sample Grade Dark Northern: No. 1 hard spring 177 1-2. No. 1 hard winter 133 1-2 137 1-2, No. 2 amber durum 126 to 143 7-8. No. 3 durum 124 3-8, * No. 2 mixed 135. 7-8. ‘ Ne 4 mixed wheat 122 1-4 to 124 Barley: Sample grade 87. No. 3, 86. Corn: No. No. Oats: 0. 2 white 55 3-4 to 57, | Rye: None, Flax: No, 1, 220 3-4 to 231. MINNEAPOLIS FLOUR Minneapolis, Minn., March 24.— (AP)—Flour 10c higher. In carload lots family patents quoted at 7.85 to 7.95 a barrel in 98 pound cotton sacks, Shipments 47,869 barrels, Bran 37.00 to 37.50. CHICAGO POULTRY Chicago, March 24.—(4)—Poultry alive, steady; 4 cars in, two due; hens 26, Other prices unchanged. Gia ee sk | Livestock Review ¢———__________- - South St. Paul, Minn., March 24. —(AP)—(U. S. D. A.)—An uneven market was featured in the cattle division this week, fed steers which predominated ruling unevenly 15 to 25c lower, while fat she stock under light supplies scored a 25¢ or more advance, this applying to cutters and reached $13.75, a new high for the month, long yearlings $13.25 and mixed yearlings $12.75, with bulk of all steers and yearlings at $11.00 to $12.50. at 6.75 to 10.00, a few cars of year- ling heifers to 11.25. Cutters bulked at 5.00 to 6.25, bulls 7.25 to 7.50, 4 yellow 87 to 91 1-2. 6 mixed 85. r % while vealers finished at 11.50 to 12.00 or steady to 26c or more lower. A mixed trend ruled in the hog house, desirable light weights ruling unevenly weak to around 10c lower, with weighty butchers from 10c to 25¢ lower, packing sows weak to 25c lower. Pigs are unchanged after losing a 25¢ advance which occurred the forepart of teh week. Friday's % market found desirable light weights at 8.00 to 8.10 on shipping account, 200 to 240 Ib butchers at 7.75 to 8.00, heavier weights from 7.60 to 7.75. Light lights turned at 7.50 to 7.75, ett sows 6.50 to 6.75 and pigs 7.00. Fat lambs worked sharply higher averaging anywheres from 25 to 75¢ higher, better grades showing the Desirable fed lambs sold largely at 16.00 to 16.25, choice kinds being quotable to 16.50. Gull and common tambs sold at 11.00 to 13.50, while ewes on a 25c advance finished at 9.00 to 9.75 for light and handyweights. Se ee | Butter Market | oe Chicago, March 24.—(AP)—To a great extent, the entire butter.mar- ket situation for at least the time being appears to be dominated by Hs of March delivery contracts ere. Chicago March delivery of butter gives evidence of having been decid- edly oversold, and shorts have found it extremely difficult to make de- liveries. ‘is tight situation has done much to dift prices, and to bring about buying of a speculative nature both at Chicago and New 00 | advanced 5-8c for the York, especially 92 score “whole milks,” and 89 and 90 score central- ized cars. . - However, the fact that the usual freight differential of 1 1-2c. be tween Chicago and New York has been narrowed down to 1-4c has fin- i} ally led to more liberal offerings of fancy butter at Chicago than for , | several weeks, —_——— | Grain Review | Minneapolis, Minn., March 25. @—(U. 8. D, A)—Broad export inquiry and good speculative Bup- port were the princi factors in causi a further slight upward trend in domestic wheat pfices dur- ing the week. ed weakness in the rye market- toward the close of the week as well ay the downward reaction in corn and oats also served me dep: ai advance, Demand for cash wheat. showed no jicular feature and the cash market was quict but steady. Friday at 1.32.3-4, ° Demand for cagh durum, average 46 20} quiet to dull and the premium yg ee She stock sold largely i ket leader. At the record high price of 187% established yesterday, it had recorded sil of 50, points in three week: ling $870,000,000 to the market value on the common stock outstanding. still under investigation to deter- mine whether a “technical corner” exists, set a new lees price at 162% but reacted to 151 last night. U. S. Steel common advanced t> within a fraction of the eyar’s high at 152% but failed to maintan its 5 Price movements bore little rela- tion to the week’s business develop- ments although the prediction of record breaking first quarter earn- ings by John J. Raskob, chairman of the General Motors finance com- mittee, undoubtedly simulated yes- terday’s iate buying in that stock. Weekly steel trade reviews were a trifle more optimistic in character but the mercantile agenices found little general expai a in spring trade. Freight car loadings were ai disappointing. Outside the stock market, chief financial interest centered in the re- turn of sterling exchange to the “gold export” point and the further withdrawl of about $32,000,000 in old. zi Despite the enormous turnover in the gain in brokers’ borrow- 3 only $82,650,000. These figures haye been Variously inter- preted. In some quarters they are cited as proof that stock purchases have been made by powerful inter- ests who were able to finance them without recourse to bank borrowing. Other commentators expressed the belief that the failure to show a larger gain was due to the fact that loans were being arranged in other federal reserve centers or through corporations which do not Despite the recently abbreviated quotation system, the stock ex- change ticker has been unable to keep pace with the tremendous vol- ume of trading. Gamble Stores Have Had Rapid Growth From nine stores January 1, 1927, to 27 stores at the present time is the marvelous record of ex- pansion made by the Gamble Stores, now operating in five states. In additisn to this number of stores, leases have been made and mer- chandise has been purchased for five additional stores which will be j opened within the ucxt 30 days. By the end of this year the line of Gamble ctores will number 50. A new store is being opened every two weeks. Since the company started busi- ness it has been known as the Gam- ble Auto Supply Co., but several additional lines have been added and the company {s changing _its name to Gamble Stores, Inc. The lines added to its auto puppies are radio and radio supplies, hardware, electrical applicances and supplies, and sporting goods, Every manager is financially in- terested in tt store he conducts. Managers for new stores are select- ed from among the employes when they are permitted to purchase stock and become a artner in the company, Over 40,000 tires were sold dur- ing 1927, according to O. C. Freiss, manager of the Bismarck store. The company expects to do a business this year totaling be‘ween two and two and one-half million dollars, Woman Butted by Ram | Asks $10,000 Damages Long Prairie, Minn., March 24.— (?)—Because a_ neighbor's ram butted her as she walked along a country road, Mrs. Anna Swedal seeks $10,000 damages in a case on trial here. Joseph Rising is de- fendant. Mrs, Swedal, living in Ione town- ship of Tudd county, alleges that she was walking along « road near her home when the ram knocked her down. An arkle was sprained, she charges, and she was obliged to crawl hom Nonpartisans Elect 4 Out of 5 Electors (Continued from one) delegation but an unusual display of strength by any of the other candi- dates might displace them. Non- partisans who. have not difinitely won @ place on the too far behind, with the exception of Durey, Kinzer and Parkinson, hope to win in the contest. i ‘or Republican electors, a ch was bei made of the votes ‘for Gibbs, Mc! , Nelson, Everson and Noltimier. With the Nonpartisans conceded three of the electors, there was @ possibility that Gibbs ‘and. ht pick up enough strength to it out Nels Mckee end anate tg mectees wi On} in. delegation were Radio, which is| 34, report to the federal reserve bank. |b: sen 38,534, Kinser 36,408, Lai 48,270, Lefor 35,375, Maddock 45,- 351, Matthaei 26,179, Norton 39,624, Oberg 35,540, Parkinson 35,789, Pe- terson 38,738, Polk 35,535, Romsaas 649, Simonson 39,705, Stern 39,- 627, Watt 36,222, Wingerd 37,890, Wyum 34,379, FOUR ARRESTED FOR SLAYING OF JOE ESPOSITO All Offer Alibis Which Police So Far Have Beén Unable to Shake Chicago, March 24—(AP)—Four men, all with alibis which «the po- lice have not been able positively to shake, have been arrested in con- nection with the slaying of Diamond Joe Esposito. Police said they had some circum- stantial evidence connecting the three Bors Carlo and of the political enough 9 warrant continued incar- ceration of James Di Prise», lifelong foe of Diamond Joe. All were held today without charge while the in- vestigation continued. Of the four, Di Priseo had the alibi which best withstood police at- tacks upon it. He said that he was in a grocery store not far from the spot where Esposito was shot down y three men Wednesday night, and that he remained there the entire evening. , There had been, in days gone by, trouble between him and “The Dimie,” he said, but recently it had died down. An automobile belonging to Bor- sellinés was identified as of the make and type used by the slayers. A machine for making shotgun slugs such as were poured into “The Dim- ie’s” body was reported found in the Borsellino living quarters. A sepgrate investigation was be- ing conducted by representatives of Attorney General Oscer Carlstrom, amember of the Senator Deneen Republican group the same as was Esposito. JOS. FORDNEY MAY SUCCEED with assassination leader, 80 SEN. FERRIS “ichigan State Officials Be- lieve He Will Be Gov- Green’s Selection Lansing, Mich., March 24.—(AP) —Although there was no , definite announcement from Governor Fred W. Green, the belief grew in state circles téday that he may solve the | Signe puzzle thrown into his lap y the death of Senator Woodbridge N.. Ferris, Democrat, by tendering the appointment to the,U, S. Senate to Joseph. W.: Fordaey, of Saginaw, repablicas ‘former congressman. irtually: without. exception state officials classed Fordney as the lead- ing possibility. This belief was based upon the assumption his appoint- ment would provide the most accept- able avenue if the governor wishes to avoid interfering with senatorial campaign in 1 or three of his close political friends may be contes' ang . If appointed, Fordney, who is 75 years old, probably would hold office only until next December 1. -Thus the field would be left open for Arthur H. Vandenberg, Grand Rapids publisher, Albert E. Sleep- er, former governor, and who- ever else might enter, to fight it out for the republican nom- ination next September. A sen- ator for the remainder of Senator Ferris’ term which expires in March, 1929, and’a successor, to take office upon the expiration of the Ferris term, will be chosen in the next November election. Vote in Burleigh __County Precincts | Lein Toveship, 5 Wee liy 0 Casey Oo . mn 4 y, 9. Brant 35, 3, Gibbs 33, Lathrop 5, Stagnuson, 33, McLean 3, Nelson 3, Noltimi Pendray 35, Wyckoff 1. 8, Bonzer 1, Brastrup 35, ; oF si eee returns still rue in- | Ki week, closing 2 Polk 4, Romsaas 33, S Pa 5, Watt 4, Wringerd 32,.Wyum Proposal to y of legis- ys, 2 ee 5.8] 0 * ase a aaaee board: Yes 28, Harrison J. Nelson Kelly 0, 1 iverson Gibbs 18, Brant 23, § Lathrop 11, Ma: 19, McLean 12 Nebon ‘38, 3 Noltimier 17, Pends 1 i Everson in the final] Simonson 22, Stern 11, Watt 14, Went, MORTON CO. CORONER'S JURY FINDS WITTING’S DEATH WAS ACCIDENTAL Immediate’ Cause Was. Menin- gitis Following Fracture of Basal. Bones of Skull—No Action Contemplated Against Geissler, With) Whom Witting Had an Al- tercation t | 2180 appearing fi lino cousins — Tony, h The immediate cause of death, the ningi- tis caused by a fracture basal bones of the akull. (Equity-108) At a session of the District Court of the United States for the District of North Dakota, continued and held ry it to journment, at the United States Court Room, in the City of Fargo on the 20th day of March, 1928, the Honorable Andrew Miller being present and presiding in said Court, the following, among other proceedings, were had and done, to- wit: United States of America, Plaintiff, vs. Estate of George Thuet and the Unknown Heirs of George Thuet, Defendants. It appearing to the Court that this ‘ought for the purpose of cancelling a reservoir ecting certain public nited States; and it m the return of the States Marshal attached to tho herein that no estate of the Unites we atilee solicitor forethe plain- that. sald Unknown plaint herein within thirty days after c}the service of this order upon them. Salem following an altercation liam Geissler, 30, New Salem, on Sunday afternoon, March 18, in which ‘blows were k. In Qua: Yood Witnesses at the inquest hassel testified that Witting, who was al- leged to be intoxicated and in a quarrelsome mood, had. been sitting in the pool hall when: Geissler en- Geissler near the door, Witting began to wrestle with him and Geissler pushed Wittin: to the floor. Witting arose and again started pummeling Geissler. Again Geissler pushec him to the floor. On third occasion, pene head force in repelling wings at- No Action Contemplated Further investigation of thi will be made, C. F. Kelsch, stat torney for Morton count *, sai” to- but no action against Geiecler would be taken unless asked for by relatives of the deceased man. Examination of | Witting’s body after the altercation revealed no bruises or contusions, the attending physcian testified at the inquest yeatersai coroner, and Mr. Kelsch conducted the inquest. The jury consisted of Frank E. Coleman, G: C. Houser Herman’ Just, Jr., all, residents New Salem. of hed sarrer a widow and three | |; children. He has been farming for a number of years four miles south- west of Judson. Mrs, Witting is the daugrter of A. C. Willizms, who Pp: erates a dai; Just: weat of State Training school near Mandan. Geissler voluntarily surreridered piatlt to elas and — released on his own recognizance for appear- ing at the hearing. Friesz-and Son Will Build This Spring|* H. S. Friesz and Son grocery] Di company) will begin construction of a by 80 foot one story building on East Main street after April 1, it was announced Friday. . The building will be of full ‘brick construction with a light-faced brick Mr, Froles. te to. nenes ae be on a lot recently purchased fro1 B. Fredericks. between the Fred. Mr. and Mrs. T. B. Quinn St. Paul ~ Mr, lope 1 and that in default thereo! VA Kennelly, Mandan, county] j; Hthe original entry of said left for} said bill be taken as confessed. And it is fure er ORDERED that service of this or- der be made by the publication of the same once each week for six consecutive weeks, in the Bismarck Tribune, a daily newspaper published in the City of Bismarck, North Da- kota. The United States of America—ss, District of North Dakota A. Montgomery, Clerk of th District Court of the United ate: for the District of North Dakota, do whereby certify that the above and te joing, is a true copy of order on t defendants entered upon the al of the proceedings of said Court, in the cause therein entitled; that I have compared the same with the original entry of said order on absent defendants and it is a true transeri erefrom, and of the whole there ITNESS: my, Official - Signature, and Seal of said Court, at yea in guia District, this 20th day of March, , J. A. MONTGOMERY, erk. By E. R. STEELE, Deputy. ihiineenisinas (Seal) (Equity-168) At a session the District Court of the United States for the District of North Dakota, continued and held ursuant to adjournment, at the Inited States Court Room, in the City of Fargo on the 20th day of M 1 the Honorable Andrew 8 urt, proceedings, ‘were had and done, to- United States of America, Plaintiff, va. Estate of William Parsons and tho Unknown Heirs of William Par- sons, Defendants. It appeay Ing tothe Court that this is a sult brought for the purpose of forfeiting and cancelling a reservoir ea “ and | $22! Esquire, solicitor for tho ORDERED that said Unknown Hetra of William Parsons appear and file their answer to the Bill of Com- plaint herein within thirty days after the service of this order upon them, and that in default thereof said bill be taken as confessed, And it is further ORDERED that service of this or- Ger be made by the publication of the same once each week, for six con- secutive weeks, in the Bismarck Tribune, a daily newspaper published in oe City of Bismarck, North Da- ota, ‘The United States of America—ss, District of North Dakota. Me Clerk of the at nited States for the District of North Dakota, do hereby certify that the above and toremoing. is a true copy of order on absent defendants entered upon the Journal of the proceedings of said Court, in the cause therein entitled; that I have compared the same with order on absent defendants and it is a true aranneript therefrom, and of the whole thereof. WITNESS my Official Signature, and Seal of ‘said Court, at Fargo, in 1d District, this 20th day of March, aa 1928. Jd. A. MONTGOMERY, . Clerk. By E. R, STEELE, Deputy. ae CITATION HEABING PETITION FO! BATE OF AND APPOINTMENT MINISTRATOR ITH L ANNEXED ne RTH DAKOTA, County court, Before Hon, L INTHE TT! F THE ESTATD. wh trae aie, ee ny of port, dling,” Bet (Seal) Wi STATE OF Ni QD ree= itioner, Respon NORTH Dak KEOVE NAMED uu and each of Cited and required to appear ‘beter OR fe County. of the. office ft Count; in ‘the city” of roti and it at the hour of von oralocke inthe any yeu that da: ih Petitioner above nai wh fon is filed 41 a and. which Setition the i of J. Ay hove jasuance adm! ; and f, ‘nots, should n Ese service be meal 5 Prat Citation as_required Be law. this 28rd day of March A. D. BY THE Bi TE UE my Aten) aude, of the County Court. Ni ‘ER, Attorneys for: Petit hahaha V1 tittonen,