The Bismarck Tribune Newspaper, April 2, 1928, Page 2

MARKETS “WHEAT SHOWS UPWARD TREND Unofficial Monthly Crop Re- ports Prove Even More Bull- ish Than Expected Chicago, April 2.—(AP)—Wheat showed a decided upward trend much of the time today owing to monthly crop estimates suggesting 44,000,000 bushels decreased yield compared with last year. The reports alsu implied that 20 per cent of the acre- age seeded to winter wheat last fall would be abandoned, but advances in price lead to heavy selling to real- ize profits, and caused sharp reac- tions. On the other hand, high winds southwest and lack of rain there were a further stimulus to uymng. Wheat closed unsettled at the same as Saturday's finish to ‘2c de- cline, corn 1%¢ to 2%c down, oats fat %c off to Yc up, and provisions varying from 5c decline to an equal advance, * Corn, oats and provisions also de- ‘veloped firmness, corn starting un- changed to 1-8c off and subsequent- ly showing gains all around. An average of the private fore-|s casts today on domestic winter wheat roduction is for a total yield of 34,000,000 bushels this season, against 562,000,000 bushels last year. The average condition shown in today’s unofficial figures is 73.9 compared with the government per- centage of 86 in December and 84.5 in April of last year, as well as 10- year average of 81.9. Current trade gossip was that the present low condition of winter ‘wheat is accompanied by a loss of winter-killed acreage far above the average loss, and in soft wheat ter-| ritory the loss is apparently the heaviest ever recorded. The season is sufficiently advanced to make it clear that over a large area the abandoned acreage is sensationally large, but it is still too’early to per- mit a final determination of the ac- tual acreage loss. The definite fact, however, revealed by this first re- rt of the season is that in the it 50 years there have been but two seasons in which April condition was | ‘ as low. ‘WHEAT TURNS FIRM LATE IN SESSION Minneapolis, April 2.—(AP)— ‘Wheat turned firm late in the se: sion today after ruling quiet and draggy through most of the trading lacong Private crop reports were wilish but had a cool reception, Good support was met on a dip, however. es Oats were quiet within %4 cent range. Undertone of the market was firm. Rye futures were slow and easy with wheat. Barley fu- tures were draggy and quiet. Flax- seed futures were dull and steady. Cash wheat offerings were larger but demand was good with fair to aad and the market was steady to irm. Demand was ‘brisk for pro- tein around 11.50 per cent and occa- sional sales were 1 cent higher. Winter wheat was in fair demand and steady. Durum was quiet and steady. Corn was in fair demand and the| Zinc preferred, Curtiss aeroplane,|3 trading basis was steady. Offerings | St. were fair. i Oats were in fair to good demand. Offerings were larger. _ Rye was easy and quiet. Barley was steady for choice malt- fing, easy to 1 cent lower for ordi- nary. Price range was 84@ 93 cents. Fifxseed was quict and draggy. No. 1 moet was May price to 10 cents over, talk of an 8 cent top. Offerings were moderate. icago, April 2—(AP)—(U. S. D. A.) — Hogs — Receipts 55,000; market mostly 10 to 15c higher than yy average; heavy butchers showing most advance; pigs steady; top 8.55 paid for choice 200 pound average. Butchers, medium to choice 250 to 350 pounds 7.70@8.30; 220 to 250 pounds 7.90@8.55; 160 to 200. pounds 7.60@8.55; 130 to 160 ls _=7.75@7.50. Packing sows 7.50. ‘8, medium to choice 90: to 130 pounds 6.25@7.50. ittle—15,000; ves, receipts 3 general cattle trade slow; to 25c lower; shipper demand ‘very narrow owing to Jewish holiday later in week; light yearlings and lower les. of she stock steady. r classes, steers, good 1800to 1500 pounds 00; 1100 to 1300 pounds 13.25@ 950 to 1100 pounds ged <p abO@ 3.28 . " and Choice 760" t0°900 12.50@14.25. Hei id. choice 8. grade | Jul; .|May 2.224 2.0915 and 13.50@ | N: By Associated Press Leased Wire CHICAGO GRAIN TABLE Chicago, A: Close | Wheat— May Close - Yesterday Year Ago 142% 1.34% 141% 1.28% 1.3912 ‘ 1.01% 1.04% 1.04% July Sept. Corn— May July Sept. Osts— May July, (old) July, (new) Sept, Rye— May July Sept. Lard— May July Sept. Ribs— May July Sept. j Bellies— May July Sept. pigs strong higher, average cost Saturday 7.82, weight 211. imally steady on ; some 86-pounld eral loads 90 @ 110 | TAKE UPTREND \Opening Prices Reactionary, But Pools Resume Activi- ties on Broad Scale New York, April 2—(AP)—Fre- quent reversals of price movement took place in today’s stock market control shifted from “Bear” to ull” traders. Opening prices were reactionary, but market soon headed upward pools re- sumed activities on a broad scale and lifted more, than two score is- sues to new peak prices for the year. Marking up of the call money rate from 5 to 515 per cent, following the calling of about $15,000,000 in loans, | hard unsettled the market in the early afternoon. Radio was again the spectacular = feature. Opening’8 points lower at 178, the stock made up its loss be- fore the,end of the first hour and then plunged forward to another new-peak at 19614 in the early aft- ernoon. A storm of selling orders suddenly appeared and the stock dipped below 190 again within a few minutes. Wright aeronautical jumped near- : ly 9 points to a new peak at 10114 / ut reacted several points in the early afternoon selling. Among the many issues to reach new high on for the year, or longer, were | s, Park & Tilford, American Paul common and preferred, Great Northern preferred, Best & Co., American Ice and American eT, Razor. Selling pressure was rather per- sistent against such issues as Amer- ican International, Allied Chemical, Montgomery - Ward, Sears Roebuck, General Electric and National Bi cuit, all of 2 points or more. Gen. eral Motors, after selling down to 184 in the early trading, rallied to orien and then backed down to 1 ° Stiffening of call money was at- ributed to heavy demand for funds in connection, settlements. with quarterly Bismarck, April No. 1 dark northern ... No. 1 northern .... No. 1 amber durum . No, 1 mixe durum No. 1 red durum No. 1 flax ... No. 2 flax No. 1 rye 1.01 Barley . 72 Speltz, per_cwt. per SHELL CORN No. 4, 55 Ibs, .4..... $ .72 0. 5 One une der 55 lb. ear corn, 70 Ibs., five cents ium fed yearl-! under shell. rr Hard winter wheat . good | Dark hard winter wheat MINNEAPOLIS RANGE ii Low Minneapolis, April 2 1.85% 1.36% 1.35% 1.35% 1.875% 1.88% 136% 1.37% 1.36% 1.37% 1.36% 1.87 1.1342 1.1345 1.12% 1.12% 1.09% 1.09% 1.08% 1.08% 55 BBG 04S 52 52% 51% 51% 2.22% 2.22% 2.24 2.24 86% 8615 85% 85% 82 82 8 =B11% B11 DULUTH PANGE Oven low Duluth, April 2 1.31% 1.32% 131 1.81 183 1.84 1.82% 1.32% 116 1.16% 1.15 1.15 1.12 % 2.26: % 2.26% 53K 23% % 2.26% ———$—$——— May July Se) May July May Jul; 2.2415 2.2415 May duly ol LIVESTOCK dD, 2—(AP)— i Peingra ae 190 Paul rate, Slose| U. S. No. 1, 1.90 FINANCIAL NEWS Open High 143 1.44 @% 143% 1.40% Wma wo Susoanr 13.45 MINNEAPOLIS Minneapolis, April 2.- »—Wheat, receipts today 330 compared to 236 a year ago. Minneapolis cash wheat and coarse grain closing quotations today follow: 1 hard spring, fancy lontana To arrive 1 DNS, fancy Mont.. To arrive .. “ pring. 1D . To e + 14016@1.71% 1 DNS, ch to fancy. 1.62%@1.79%4 1 DNS, gd to choice. 1.47% @1.56% 1 DNS, ord to good. 1.3514 @1.4614 | 1 dark northern To arrive 1 northern . To arrive , 2 DNS, ch to 2 DNS, gd to choic 2 DNS, ord to good. 2 northern 3d 8 DNS, ch to fancy. 1.511 6842 3 DNS, gd to choice. 1.3914@1.5314 3 DNS, ord to good. 1.30%@1.4112 3 northern . + 1.29%@1.40% 1 dark hard (Mont.). 1.3232 @1.5813 To arrive .. 1.82% @1.5614 1 hard (Mont.). 1.324% @1.5712 To arrive .... 1.32% @1.55 14 Minn. and SD, 1 dark 5 % % % 5 ive SD, 1 hard To arrive ...... + 'o arrive ........ 1.46 Fey 2 amber durum. 1.45 1 amber durum. 3 durum . 1 red duru To arrive Coarse Grains 2 yellow corn. 97 ellow corn... 'o arrive 4 yellow corn. To arrive .... 5 yellow corn. 6 yellow corn. 2 mixed corn. 3 mixed corn. To arrive .... 4 mixed corn. To arrive 5 mixed corn. 6 mixed corn... 2 white oats... 3 white oats To arrive 4 white oats. Barley, ch to T ive RANGE OF CARLOT SALES Minneapolis, April 2.— (AP) — Range of carlot grain sales: vl No. 1 dark northern 1.37 2 dark northern 1.37 3 dark northern 1.38| 4! @ 1.53 1-4; sample grade darg northern—3 hard winter 1.80 3-4; 1 amber durum 135 3-4; 2 mized wheat 1.33 7-8. 4 ~ : Sample grade 87 @ 91; Corn: 3 yellow 95; 5 mixed 87 1-2. Oats: 2 white 60 3-4. Rye: 1.15 3-4 @ 1.16. 2.34. POTATOES Chi April 2.—(AP)—U. S. D. of A.—Potatoes—Receipts 179 cars, on track 578, total U. S. shipments Saturday 655, Sunday 15 cars; de- mand and movement moderate, mar- ket hageam tlh ene aa Bo umps crai 3. Spalding Rose bbls., No. 1, 18.00; No. 2, 11.00; Cu- ba Bliss Triumphs crates 3,75; Wis- consin sacked roynd whites 2.10 to 2.25; Idaho sacked russet Burbanws THE BISMARCK TRIBUNE its 27 to 1-4; ordinary firsts 26 serage packed extras 29;: firsts - CHICAGO POULTRY Chicago, April 2.—(AP)—Poul alive, steady; recei ‘3 18 cars; fowl 27; broilers 40 to 50; turkeys 25 to 30; roosters 18; ducks 20 to 30; geese 16, MINNEAPOLIS FLOUR Minneapolis, April 2.— (AP) — Flour 10c lower in carload lots; fam- ily patents quoted at 7.95 to 8.05 a bbl. in 98-1b. cotton sacks, Shipments 41,171 bbls, Bran 35.00 to 35.50. QUESTIONING OF ALBERT B. FALL ENDED (Continued from page one) then, Fall said, Sinclair accepted the lease only after considerable argu- ment, when he (Fall) insisted on larger royalties for the government. Ranch Deal Explained The $233,009 was paid by the wealthy oil man, Fall insisted, for one-third interest in his Tres Ritos ranch in New Mexico. The former secretary of the interior also con- tended that the ranch deal was not started until after the oil lease was signed, While it was not mentioned in the deposition proceedings, M. T. Ever- hart, Fall’s son-in-law, testified be- fore the senate oil committee that when Sinclair made the payment for a third interest in the ranch, the stock certificates were turned over to him (Everhart) as trustee for the oil man, Later Mark B. Thompson, attorney for Fall, became secretary of the Tres Ritos company and in 1024, sent Sinclair his certifitate showing he owned a third interest in the ranch for three years, SENTIMENT IN WALSH’S FAVOR IS EXPRESSED (Continued from pare one) more than a score of party conven- tions listed on the month’s political calendar which, when torn down, will add considerably to the 215 Republi- can and 164 Democratic delegates thus far chosen to the. Kansas City and Houstone conventions. These figures represent less than one-fifth of the 1,089 delegates votes in the Republican convention and less than one-sixth of the 1,100 in the Democratic gathering. Dur- ing April, however, delegates to the Kansas City will be increased by 555, or more than half of the total convention vote, while those bear- ing credentials to the Texas city will be raised 472, or a little less than half the tota] Democratic del- egates. Only 319 Republican delegates and 464 Democrats will remain to 4 Oldest postmaster in the service of the U. S. Mail is Francis E. Bush, 95, of Standing Stone, Pa. This photo, taken on his last anniversary, was sent to Postmaster General New at Washington. G. W. Nelson, cashier of the First National bank. Railway improvements and new homes will reach a considerable to- tal at Grand Forks. More Building in Bismarck J. L, Betf; Bismarck banker, says, “Work has been going on steadily throughout the winter on the con- struction of houses in this city and the prospects are for considerable building during the coming sum- mer.” A new modern ga and a mer- cantile building are planned at Na- poleon, according to F. B. Heath, cashier of the First National bank. The Northern Pacific rai plans to spend $1,088,112 for provements in North Dakota this year, according to a letter received from Charles Donnelly of St. Paul, president. While the bulk of this sum is for widening cuts and fills and for ballasting, more than $275,- 000 will be expended for freight and passenger stations, new shop build- ings and additional yard tracks and be selected in May and early June when the April primary and con- vention slate is dispensed with. Hoover and Smith Unopposed Herbert Hoover and Governor Smith of New York had no opposi- tion facing them in the Michigan! primary today. Thus far the former was assured of that state's 33’ Kan- sas City delegates and Smith of its 80 Democratic delegates, all of whom are to be chosen later at party conventions, Tomorrow, 62 delegates, erally divided among Democrats and Re- publicans, will be selected.in the primaries in Wisconsin, and 83 Re- je ican district delegates and 8 emocrats, exclusive of delegates- at-large who will be named later in the month, will be chosen in the New York primaries. The Republi- can delegation at large already has been selected Ly the state committee and the Democratic delegates at large will be named by the state committee of the party mee! ing to be held in New York on April 17. | That will be all the peimarioe for this week, but next the deluge of sidings, according to Mr. Donnelly. “A state that has an automobile for every four people should not complain about hard times,” de- clares M. N. Hatcher of Fargo, state agent for a large life insurance com- pany. “We are finding that the peo- ple Nave the money and will invest it if they are shown something that is worth considering. “While our company has always accepted good farmers’ notes, we decided to put on a campaign for cash business this year. Our total business for the first two months was fully 50 per cent more than we wrote a year agoandduring the first 17 days of March we did more busi- ness than di the entire month of March a year ago.” Tax Collections Normal Tax collections were abuut normal up to March 1, according to reports received from county treasurers in all parts of the state. These reports in gencral show that tax payments are slightly under those of a year t-| ago in the eastern part of the state, but that in many western counties the collections are considerably above average. Reports from western North Da- ‘| per prints leading into the DROWNED IN SUICIDE PACT Apparently Walked Into Eel River at Logansport, Ind., Hand in Hand Logans; Inseparable in life, two sisters, Esta Hoover, 22, Seena Hoover, 18, walked to their death in Eel river in a suicide pact yesterday, author- ities concluded. The body of Seena was found today by firemen who had been dragging Eel river since yesterday. Esta’s body was ‘found yesterday in the water works mill race, 100 yards farther down river. The two disappeared W y night. a utopsies on the bodies resulted in the finding that the younger of the two sisters was to have become a mother within two months. Au- believed this fact resulted in the suicide pact. The finding of two trails of atte iver from a park a short distance up the river from where the bodies were found was mute evidence that the #1: | two sisters waded hand in hand in- || t. the river and to their deaths. Two brothers, John Eskew, 25, and Edgar Eskew, 21, of Walton, Ind., who have been keeping com. ny with the girls for the past four months and who were being held in connection with their disap- pearance, will be released soon, police indicated today MH ta to tied first_met the ls four months ago. Edgar was to have married the elder Hoover girl today, it was said. The two girls worked and roomed here for more than two years. 40 KILLED AND 136 INJURED IN FORMER SHOCKS (Continued from page one) from Angora to Smyrna for relict work. The Red Crescent society, whica has been pinched financially since the abolition of the Caliphate by the republic cut off the annual gifts of millions of Moslems in India, man- aged to send 4,000 tents, food and medical supplies to assist the thou- sands of homeless peasants. The American consul at Smyrna today telegraphed there vere no American casualties. An official report said seven vil- lages were destroyed and 17 villages damaged. Grass Fires Cause Excitement, But do Very Little Damage Grass fires on the outskirts of the city caused considerable excite- ment yesterday. The fire depart- ment was called out twice during the day, once to help extinguish a blaze north of the capitol and again to fight a fire on the Country club grounds. A fire starte din the tall griss on the northwest part of the Fort Lin- coln reservation yesterday after- noon, apparently set by small boys from the city, and for a -ime threat- ened to reach several haystacks there. The boys, finding they were unable to cope with the blaze themselves, summoned troops from the fort, who soon had the fire un- der control and before it did any particular damage. Col. Thomas W. Brown, com- manding Fort Lincoln, urges visl- tors to the fort to he extremely careful at this time regarding the dropping of lighted matches or cig- presidential ference|kota are unanimous in declaring|arette and cigar stubs, as with the ballots will be loosened again in the|that there is an extra amount of|8rase in an extremely dry condition Illinois and Nebraska primaries. Then, after a respite of a couple of weeks, the downpont will _ strike Ohio, where the Willis has com situation in both setts. Alaska Primary April 24 A primary also will be held April 24 in Alaska, when two delegates to Kansas City and six to Houston “ee seme. a 360 Republican del ates and’ S08 Dancin: will be selected during il, vi total of 195 Republican dele- gates will be approved in Rhode Island, Idebo,” North le Is lina, New Mexico, Colorado, necticut, Delaware, Ni homa, Michigan and A the same method 120 legates will be chosen Utah, Oklahor mpacs Island, 2.25 to 2,40; commercial 1.85 to 1.95. Minneapolis, April 2—“—(v.| > 8. D. A.)—Potatoes light quiry, pasa eg er. Carload delivered only dedi cwt, round white, to 1.85, few 1.90, Chicago, ‘A; (AP We y —Wheat No. 2 hard 1. 1.45; No. 1 north. ern Spring 14%. Corn jt cag lade No, 2 [ Gata No, 2 white 61% @63; No. 3 Rye ae 2, 2; No, 8, 1.19, 2 ea r om Rig ye moment cl s, R. Ee rirst National * eae in considering the crop out- look for the i moisture in the soil which is gener- conceded to be a very fa: le that te conditions is obtained from Orris meteorologist in charge Roberts, of the United States weather bureau at a serious fire might result from the slightest bit of carelessness. Threatens at Minot Minot, April 2—(AP)—Possibility that the Mouse river may overflow its banks slightly in this loo ter a survey its upstream revealed high wa- ter from Minot to McKenney, with the level of the river climbing inot FARMERS, COOPERATING WITH MANDAN EXPERIMENT STATION, HAVE TREES ON ONCE BARE PRAIRIES Southwest Region — Robert Wilson of Local Station Tells of Chief Obstacles Which Must Be Overcome With thousands of shelter belts and windbreaks to its credit in the northern Great Plains region, the science of arboriculture purpose: now to work its magic in the tree- less areas of the southwest, accord- ing to Associated Press dispatches from Washington. Fifteen hundred farmers, cooper- ating with the government’s a land experiment station at Mandan, have overcome nature's fail provide tree life on the pla! terest has 8; to soutl Color- ado, Nebras! Kansas, Texas, Ok- jahoma and New besten all of which would. be aff by the Garber bill, passed by the house and sent to the senate, authorizing an appropriation of $35,000 for exper- imental work in the growing of trees. Chief Obstacles Explaining that the absence of trees is an important matter to the farmer of the plains, Robert Wilson, associate arboriculturist at the Mandan station, declares limited rainfall and periods of drought are the chief obstacles to overcome. There are species of trees adapted almost every re- gion, proved, Wilson says, by the presence of tree life in a limited form along the banks of larger streams in the sunbaked plains. Trees appear on higher -although continguous levels, giving ‘rise to the theory that sub-irrigation and protection from prairie fires will provide favorable conditions for tree life in the southwest. Introduction of fruit trees is con- sidered a secondary measure, chief concern centering around develop- ment of evergreens for shelter belt planting. It is believed that a fringe of trees on the wind-swept side of a field will go far in pro- tecting crops from the sand storms that sometimes lash tender plants, that farm buildings will be pro- tected from wind ey by strategic shelter belts, . that the hot winds of summer may be deflected from dwellings that are [era by correctly planted wind- reaks. Experiments Necessary Before practical plantings can be made in the southwest, arbori- culturists says, it will be necessary to determine, through a series of experiments, the types of trees now suited or that can be adapted to the territory and what | condi- tions of. soil and climate must be overcome or corrected to meet tree requireme..ts. In the northwest, details of such nature have been worked out by the Mandan station which provides trees, planting plans, and_ instruc- tions to. the farmers. The first shelter belts planted there pave grown sufficiently to serve cs pro- tection for the cooperative demon- stration fruit tree nlastings now being made. The belts are helpful in the introduction of vegetable gar- dening and the planting of small fruits, orriamental trees and shrubs. rt, Ind., April 2—«—| Work Will Now Be Carried to|/ Personal ‘and Social News of Mandan Vicinity Members of the faculty of Mandan ay, schools ‘left this weck-end for various points to spend tl aster holidays, Miss Serene Wisness left for her home at Portla Mis: Glenora Watkins to Fargo; Mi Bennett, Wahpeton; Miss U. m= edy, Beulah. Miss Marie Haas is visiting her parents at Lidgerwood. Clyde Challey will spend the week in Lisbon, “ ee Mike Baron has been called to Glendive, Mont., by the serious ill- ness of his mother, oe R, C. Newcomer spent Saturd New Salem transacting basiness. in Dr. and Mrs. B. 8, Nickerson and son Kenneth left Saturday for Mon- ticello, Minn., where they were called by the death of Dr. Nickerson’s mother, Mrs, Susan B. Nickerson, ry Miss Kathryn Berg; member of the Mandan high school faculty, was . eal the he Hecate in the test sponsorer i Specs, por y the local Singer eee Mrs. R. O. Rea left Sunday for Washington, D. C., to spend Easter with her son, who is attending col- lege there. . eee Mr. and Mrs. J. W. Saturday for a short to the Twin Cities. oe Dr. and Mrs. D. B. Rowley spent the week-end in Minot as ila gutees of friends, Hintgen left business trip eee Dr. and Mrs. Carl Stutsman of Des Moihes, Iowa, who have been vi ng at the home of Attorney and Mr . H. Stutsman for the past few days, left Saturday for their home. Dr. Stutsman is a brother of W. H. Stutsman of this city, eee Carl Keidel of Mandan is spendin, a few days in Buxton, visiting with friends, eee Leonard McMahan, athletic coach as Mandan high school, is spending the Easter holidays with friends in Fairmont, Minn, eee Mrs. Earl Ritchey left Saturda: for Duluth, Minn., to spend aayetdl days with Telatives and friends, ee A son was born Saturday at the Mandan hospital to Mr. and Mrs, Stanley Kopp of this city. ee Mr. and Mrs. H. H. Willisms left recently for Minneapolis, They plan to return to Mandan in their car, which. they were forced to leave there carly in the winter on their return from a Carr:bean sea cruise, ° F. D. Randall of St. Paul spent Saturday in Mandan as a guet of the J. A. Zigg family. CHARTER TO ISAAC WALTON Valley City—The Valley ‘ Cit faane Watton ak received its cake: r recently at a bangost Hotel Rudolf. The cl on = resented by Mr. Eastgate of the tate Game and Fish board. RADIO PROGRAMS FEATURES ON THE AIR Tuesday, 3. ‘at Work”—WEAF WGY Wweco Woe WHO WoW EVO ‘WEAR wi are Sa Te WHAS Want we SM jumbers—WJZ KDKA WIR KYW EWE ‘WEAF WGY WTAM WTM) KSD ~ S.S—WTMS Milwaukee—1080 a League; Features uct Retin