The Bismarck Tribune Newspaper, April 13, 1928, Page 3

*SRIDAY, APRIL 13, 1928 : THE BISMARCK TRIBUNE wind and increased a. longi com-| under way month after month, with : What Big Stock. Boom Means a ae i eee oe ay wirve How Motors Values Soared | REIBOLD AND tory. thorcughiy t Stagger Imagination—General r. bate great “killing.” This is all the This year’s increase In market value he purchased the J. Henry 4 Y i ir” a conservative. It ‘ - Motors Gain in Three Months Exceeds Value of U.S. _ || always is for the established order.|u°ke a minty sewing cote for| _paOF General Motors common stock we SW itlinssene taste he It always is against change. It may, in pale vote for a Democrat, a but it has found a Republican exe- cutive more to its liking than a Democrat and it hopes for the best Prospective value of the U. S. cotton crop for 1928 Steel Stock and Is Twice as Great as Value of 1928 Wheat Crop usually as extravagant | its statements. +} Tt is obvious that the handling of buying and selling orders on cm: mission on the exchange as di: OPEN STORBisrs.cseks ssc Formal Opening of ‘Meadows : Editor’s Note—The wild o |'n_ regard tq the ‘coming national] tinguished from personal trading i ot erasing “a Gia. cinch. war. | Coe S becona imiisauely. ‘profitable Home’ Will Be From 2:30 have organized 8 manufacturers val ore ol =~ mn ' olainiy ag ak mthguse are not seen mie en he ment be to 9 P. M. Tomorrow Sine Shenk cine Bee coe yo previous limits com- W; of “seat&” on the exchange ——— : ——____-— rises the most interesting, th eople in relation to Wall Street] jumping daily toward the half mil- Total market value of U. S. Stcel ing the people of Bismarck] EXACTLY SUITS ELDERLY PER- ‘ Teast fably nd to Stock Exchange pri-es. One lion elias oA tain : common stock (approximate) het at any. tities, WHE ions SONS ast, re ae Probably stock he 7 today. In the foll story o! re follow- ing article for The Tribune ani NEA Service, Richard Spillane, noted financial writer, describes 3 that the old grading of on the basis of a 6 pec cent basis 2s a par basis of appraisement is past and gone. Money rates are ;iower. The rating now is closer to There never has been a stock morrow, William J. Rei- market like the present one, and a! $ 1,053 7a¢ q nk V. Williamson an- “bear” might be excused for pray-| ce the formal opening tomorrow | Coughs that tire out and prev ing there never will be another. of “Meadows Hom heir display! sleep. Immediately relieves a tick- But who would iisien or be in-! and sales room, at 20’ ifth street,| ling throat, and stops nervous hack- Foley’s Honey and Tar Compound quickly stops” taantade, harass! Prospective value of the the extent to which the trading . |5 1-2 per cent. It may go lower —| tiyenced by th of a Bear? | K's for 1928 in the Annex hotel building. ing. ‘ Contains no chloroform to . bes go se: ies probably. will. Sound stocks, sound pig Se Le OR | U. S_W ist cop " The reception will be from 2:30 a6 secretions, no opiates to A eee bonds, yielding more than 5 3-4 and visitors will be shown! constipation, that bug-bear of ad- Hello, Bil The Elks club . ) i Z is open for you every evening ‘ after 6 o'clock. Come up and ai chart shows, by comparison with the values of U. S. Steel and two} of the major farm crops, the cnormoas increase in the pric G al make it your headquarters. Lala a ae per cent now. command par or a premium Few “Big Killings” It is a singular fact that in all the riot of speculation that has been BY RICHARD SPILLANE (Copy it, 1928, NEA Service, Inc.) | New York, — 13.—Some things | n connection with sod Present eed i mar are enoug! stagger ‘magination. There has been an ad- | vance in the greed value of | some of the leading issues beyond ' anything in the history of invest- ‘ments or speculation. ' Take General Motors, for exam- ple. Its gain from lowest to high- »st within the present year has been 69 points. As it has 17,400,000; shares of common stock outstand- ing that would mean, in market ap- praisement, an increase in value of 51,200,600,000. As the United States Steel Cor- Poration, once the most of y all corporations, has only 7,116,235 shares outstanding and sells around 148, it would appear that the in- crease in market value alone of Gen- al Motors in the present year is greater than the market value of the total stock issued of United States Steel. Twice Value of Wheat General Electric refriger-| vancing years. Mrs. Jas. A. S—— ator and the Mcadows washing| Fort Worth, Texas, says: “I find machine, for both of which the new| Foley’s Honey and Tar Compound usiness firm has the agency. absolutely reliable and it has helped Mr. Reibold is well known in Bi on Ideal for elderly marck and the surrounding commu: -Ad' Mr. and Mrs. Bismarck market. They seem to take their! losses with better grace than do the! men, Started During War | Explanations are various as to| the genesis and growth of this} “stock” mania. One of the best is} thay the flotation of the Liberty | ea _ Or, to measure the enhancement | loan created a great army of inves- | of General Motors by an- other yardstick, consider the grain crop—that of wheat, for example. At the price of wheat today, the nfo Sin‘ get bitheed $100,000.00 life .( their crop, or a little more than half of the rise in value of Gen- on tere in three ae ‘onsider cotton. crop ay proximates 13,000,000 bales. The dren less than 18 cents per Pound n less tl cents per £90 a bale. The increase in market value of General Motors in three imonths was more therefore than all the cotton growers in the south will eet for the yield of their crops. Then consider the Radio Corpo: tion of America. It pays no di dend on the common stock. This stock sold last year at 41 1-8, It) tors. It is unquestionably true that‘ before the World War, Stock Ex- ! change treding was almost wholly! Poeeaped Millions of persons ought Liberty bonds who never be- ' fore a security. Now un- counted tens of thousands of them , have stock in the gas or power or light companies from which they get service. Nearly all the rail-| roads of size -sell their stock in| Portions to their em- Pleyes on the installment basi Many of the cil, steel and motor: companies sell their stock to their | workers at a price below the mar-; ket appraiscment and on the “easy, payment” plan. j The business is “odd lots” on, the Stock Exchange—“odd lots” meaning less than 100 shares—is immense. In fact the “odd lot” It is with May We Present Two Winners? pardonable pride that we introduce to ‘the Homemakers of Bismarck and the Slope region, two of the greatest Helps Toward Happy Home Making that the brain of man has ever conceived—the General Electric Refrigerator and the Meadows Washing Machine. See them both at our attractive display room, 207 Fifth street. Ask about our arrangements people are the most influential Stock Exchange circles. In effect : they dominate its management. ; sold recently at 169. Greatest Gains in History ~ A. score of illu: ions of re- markable gains in the last three or Army of Speculators — six months might be given. Nothing| Perhaps the best explanation of »parable to such increase in mar- | the tremendous increase in Stock || value of s0 many various issues | Exchange business in the foregoing been seen in peace time in this|is the fact that the Stock Ex-! . change has gone to the people in-' is the explanation? How is | stead of making the people come to ; :t tuat stocks boomed when business Il Street. It also is a fact that good and! if the American people have be- |come an army of investors there | has, at the same time, been created | 2; a vast army of speculators. | One of the anomalies of the whole ation ig the disappearance of eet figures in the market. There * was a time when Gould was a mighty operator. James R. Keene jonce was a great force. Harry! centage of stock exchange | Content, John W. Gates, Jesse Liv- s that is professional, ‘and | crmore and others ruled or were; roportion is what is called | suposed to rule, at times. ! But the total of the un-| Now there is no one who bulks j ssional is colossal. Less than | above the crowd. The reason is that (5 years ago the amount of busi-| the market is too big for one man 1ess that came from outside of New ; to dominate or come near to domi- : Cork was very small. Today some | nating. The banks rule. They have { ‘f the so-called wire houses have|2 power greater than generally ‘rom 20 to 40 branch offices. The | known. They specify the propor- i {tion of various groups of stocks -| they will -accept a security for ! loans and they change the propor- An Order a Minute +|tions in. accordance ith — their ; One establishment has a special or | judgment or their desifes. If they | privat: wire to Havana. Ord don’t like the motor outlook, motor | stocks are likely to decline, for ; brokers will demand larger mar. | .| gins from speculators in motors. If j they are partial to the rails, there ; is ua to be “good” buying of the ; ral for trying them out in your own home. A few years ago, Luxuries. Today, Necessities—_ well within the reach of all by our attractive Budget Investment Plan. Here is the strong. roomy, gleamingly white cabinet im towhich wemerely lowerthe ell-in-one icing unit. Fifteen years of painstaking re- search by the world’s most skilled electricians, scientists — chemists, home economists—have been devoted to the perfection of General Electric Refrigerator. engineers, aj With its simple, durable, effec- tive Icing Unit, completely self- contained and independent of all attention, even to oiling; its beautiful, durable, efficient Cabinet, so handy and roomy; its to 3 p.m. wholly with stocks but with 2 with exchange, and various architectural symmetry, and its economy of operation, the G-E stands supreme in its field, a perfect product. < As spectacular in appearance and perfect in perform- ance, the Meadows Washing Machine has earned, through 28 years of steady achievement, its title of “The World’s Finest Washing Machine.” Its roomy, rust- Caught by Radio We hear of Mr. Michael Meehan as a big fi in the remarkable | i Mr. Meehan is an: able citizen and has had wide ex- perience in Wall Street, but there , are greater forces back of the move | in Radio. As a matter of fact «'\}' man who at one time was a mighty * meets is mothion jn Senne ‘ory to apy Stock Exchange ppt iy pay the market” has become Som tees bo cegnaed ie noes to | less, well-drained tub; its big,. handy, “fool-proof” : Harem mas at the beat aie wringer; its light, strong agitator that imparts a vigor- See Pee been | ous three-way action to the 23 gallons of water in the rae ee we eee eet tub; its small, powerful, durable motor; its general Unaembered women are ta “tn | blip Regs eyeing nig mf beauty of line and thorough effectiveness—these are ae j ra ce = the points'that make a Meadows Booster of every Mead- : ows Owner, and the points on which-we base our claim 2 A ROMANCE OF to your consideration before you put another nickel in- . = ROARING RAILS to home laundry equipment! : Of Crackling Machine a. me Both the Meadows and the G-E can be bought out of in- ! Guns! : come. Of course you want them, and no one abreast of % Of Death Roaring a =e on ~~: and a will on ~ : From the Skies! . you n em. May we explain to you how simply an : \ thrill epic where the . easily you can modernize your home with both? ‘orces - of: Air and | and Unite to Crush@ii)515) 90) With the U. S. Marines Also News & Comedy | REIBOLD & WILLIAMSON, Inc. (207FIFTHSTREET - - PHONE 380 _ BISMARCK . a. s NORTH DAKOTA Sate Capitol Theatre Friday and Saturday