The Bismarck Tribune Newspaper, June 22, 1928, Page 2

"PAGE TWO ~ Packed Hall Greets Thoresen Exposition of Campaign Issues (Continued from nae one) kota and eastern Montana No, 1 hard wheat, He sketched the of this exchange from a ha! i] enterprising grain dealers until . now it has a membership of 28 com: mission firms actively engaged in - creating a competitive market for ": the basic crop of this atate, Urges State Loyalty In closing, he made a vigorous appeal for state loyalty; for a % breaking away from those influ- * ences which have militated against the farmer and the business man ~ getting the full returns from the “ results of their toil. He charged » that the Independent platform as % regards the mill, the elevator ~ the Bank of North Dakota wi = tent on wrecking the whole because the operations of that tem “stepped on the toes of those who were accustomed to getting the © long profits” in North Dakota. He made an impassioned appeal for the ‘2 business men of Bismarck to join the farmers in their battle for agri- © cultural equality, The meeting was ‘~ music by a male quartet. Miss ~ Aldyth Ward presided and intro- duced C, A. Fisher, candidate for issioner of agriculture, who opened with sed the growth of the ovement from the days of = the Farmers’ Alliance down through = the Equity Exchange and various co- operative enterprises, He said many of these failed because credit was withdrawn when they became com- petitive with the powerful grain combines of the nation. In closing, Mr. Thoresen paid & » tribute to Lynn J. Frasier, candidate * for United States senator, for the > consistent and insistent fight he has zt made in behalf of the American + farmer. ae Fay Harding, candidate for rail- + road commissioner, told of Seattle’s . city-owned cooling plant, storage + facilities and harbor facilities. He * contrasted Seattle’s program backed - by the businesa men of the city with = what the farmers were accomplisne ing in this state through their in- 1 dustrial scheme. He declared Seat- tle’s experiment was in effect mere- I ly an attempt to bring about a more $ orderly system of marketing and $ had the support of the voters of : that city. He showed clearly how % the farmers are benefited indirectly = even where direct profits on the rs 8 operations of state indus * trialism may not be present. Burleigh county's legislative i ticket headed by State Senator Obert Olson and his associates, Wil. liam B. Falconer, Sam J. King, Jr., : and Howard Thomas, was prerented and the candidates spoke briefly, £ Candidates present for other of- - fices urged the nomination of the t legislative ticket in order to assure legislative support for Mr. Thoresen and his rynning mates. : ¥SMs’ THREE BESET STATE IN CAMPAIGN : (Continued from page onc) the fight for a fair marketing sys- 2 tem for the farmer began, He invited his audience to stop + him at any time they questioned any ~ statement, patted a brief case he carried -vih h’ and said that from » Verified documents in it he was ready to back every statement he made. “Little Emperor” Named He declared that “the Little Em- * peror of Imperial Cass” controls with an iron hand the Independent group in the state's legislature, squelched Shrfer’s ambition to be + United States senator from the ‘| state and flatly told him he must : poreet it and run for governor, mn ‘0 weeks before the last James- + town convention Shafer had de- = Clared hjmself a candidate for the * senate place now held by Senator « Frazier and had committed himself in written letters, he declared, id that Shafer had said arr, of Jamestown, in - response to a letter askii “Go ahead as a candi- ‘Temperature at 7 a. m. .... heat yeaterday , weat last night .. cipitation to 7 a. Mm. essere ighest wind velocity ....+++0 ay | come Foon =| BVER BREAKS BATTLE IS ON what his}, n't be @ candidate for senator. ‘ou must be the candidate of the Independents for governor.’ Mr.! Shafer did as he was told, despite) hia promise to Mr. Carr. He knows his master’s voice. If he is elected vernor ef ti's state, North Da- ota will have a political dictator. ahip and Mr. Twichell will be gov- ernor in fact.” Forumlem Flayed “I waa a member of the state’s firat industrial commission with John Hagen and Lynn J, Frazier,” said Langer, “At that time The Fargo Forum was telling the farm- ers: ‘Your program is all right, but your leaders are all wrong. Get rid of your leaders and we will support you.’ Those leaders have passed and (ery, the Fargo Forum is fighting the farmers more viciously than ever with its stories of ruin, bankruptey and eee red credit for this state if the League Republi- can candidates are elected. That is| ( Forumism. “You remember the days of Hast- ings, Box and Waters. You remem- ber Nestos branded Waters us a crook and in his campaign referred to him aa ‘Race H Jim.’ Nestos went over thit and told the people that W: had wrecked the Scandinavian-American bank. He flayed Arthur LeSeuver and he dis- layed a letter from LeSeuer signed are for the Industrial Revolu- tion.’ Nestos Names Waters “Later Nestoa named Waters to be auditor of the Scandinavian bank and questioned regarding Waters appointment anid he was ‘confident he was w.ll fitted for the position.’ “He put Arthur LeSeuer on the state's payroll aa a special attorney and Wag him $1,894.44 for one month and four daya’ work. That is Nestoalam, vein thi ign Mr. Shafer, tr, Neatos and their friends always tell you of the state's liabilities. They never mention its qusets, Mr. Shafer has called the mill a total losa and in one of his speeches is quoted as declaring he regretted it is fireproof. He is saying that the capital stock of the Bank of North Dakota ia rine. “None of the Independent speak- era tell you of the money that has been saved the state through the bonding law, by the state carrying ita own fire insurance or by the hail Sy aera The record of these things teo strongly contradicta the story of ruin, bankruptcy and im- paired credit now being used to ‘eyrore the voters, {t is part of the policy of Shafer, Neatos and Kitchen to tell only the bad Ae about the men in charge of the farmers’ p: i pita We are fighting the aame old gang in North ota te that we organized to fight more tl 10 years ago. They controlled the convention at Devils Lake and they contro! all of the Independent conventions as the re- cent steam roller tactica at James- town show." Tex Receipts Tell Truth e referred taxpayers to their | receipts to learn the true cost in taxes of the state mill and elevator and in discussing the mar- keting problem gave the same set of statiaties and facts T. H. Thore- sen is giving in all his campaign *Pesthe work @f) former Senstor |“! Ladd A ior Sorlie got the’ farmers of this state what recognition they have reeeived for the protein value of their wheat. What have the Independents done for them? “In the Valley City debate Thore- son asked Shafer this question. Shafer could not anawer. “When I was a candidate for gov- ernor of this state a committee of millers from Minneapolis waited on me and told me what they wanted. They wanted the dockage law re- pealed, the state mill and elevator closed and ne more bond issue: thorized to build more mills or ele- vatora, Party Fearn Twichell “Tha Independents in this state are afraid to oppose Twichell, They are more afraid of Twichell than ever the farmers’ leaders and rep- resentatives were afraid of Town- yy. When Twichell cracks the whip the Independents’ leaders and rep- vesentatives fall into line. “Mr. Nestos is saying the man who is elected governor will have & terrific problem, If it is Mr. Shafer I submit that from the rec- ord as it is he will do a lot of things that Mr, Twichell tells him to do.” F paid a glowi T. H. resen and to all the mem- bers of the state ticket. He declared that if Ragnvald Nestos had been in the senate when the cabinet ap- pointment of Charles Warren was up for consideration, Warren, one of the organizers of the sugar trust, now in the Coolidge cabinet, “If C. A. Fisher and T. H. sen are elected to the ind jssion, to have men after the interests of North Dakota farmers.” ir closed his speech with an ap! to the votera to vote their economic interest and predicted suc- cosa of entire -Repul Memphis, Tenn., June 22.—(#)— Convicts from state pri: tot Se itrengthen thi iy ttn Teves on the Waite River a an unex) rise threatened to sweep the embanke ments away. itants of the Peach Orchard wnt fed from thete hoes pe terday, beleving the tribute to Ib nger said, “you are | ¥ upon it who will |! b- | Good a1 WHEAT VALUES SHOW UPLIF Harvest Weather Conditions Are Unfavorable in Kansas and Oklahoma Chicago, June 22.—(”)—Big ex: port business, estimated at 3,000,» 000 bushels, together with unfavar- able harvest weather and black rust developments had a bullish effect on wheat values today. Houses with eastern connections were sellers on the bulge, the gh the market flat- tened out, owing also to prospects of clearing skies southwest. Some corn export business by way of the gulf cf Mexico was in evidence. Wheat closed easy 1-4 to 3-4c net lower, ¢ n unchanged to 3-8¢ to 1-2e off, oats varying from 18c de. cline to 1-2c advance, and provisions 2c down to 2e up. In some quarters, a sudden sharp advance today by the Liverpool wheat market was explained a: sulting from action of the C, ni Grower's association in withholding at the moment any offers of wheat, for export. Meanwhile, further ad- vices of black ruat came from uth Dakota. A_ dispatch date Elkpoint, S, D., said black rust was showing there in ruby spring wheat. A different crop authority advised from Mitchell, 8, D,, that in a drive of more than 100 milea in the Jim river valley he had found no trace of rust, and that the stand of wheat is too thin and short for rust to be a menace. THE BISMARCK TRIBUNE _ FINANCIAL CHICAGO GRAIN TABLE Close Yesterday 187% % 1.30% % 1.42% @1.48 Wheat— July 141% . HA Sept. 1.80% @% Dec. Corn— July Sept. Dec. Oats— July duly 9614 13 % (old) (nwe) . (new) Bt 12.40 12.65 12.50 18.90 Jul; “4 ~ 14.80 Sept, STOCK MARKE TRADES LIGHT WHEAT CAVES AFTER BULGE Minneapolis, June 22.—(AP)— Wheat caved in after a show of early strength on higher cables and unfavorable harvest weather in the southwest, Prices bulged 1% to 1%e early, but profit taking on a forecast of better weather in Kansas found support poor. Corn also weakened toward the close and at the end the only strong feature on the board was July barley, Cables were much stronger than due, early prices showing 1% to 2%c advance, and close was 1% to 1%c up fo rthe day. Oats were dull within a narrow range. Rye futures showed no life and the undertone was easy. July barley staged a 2c advance on light pit offerings and scattered short coverings. Flaxseed received poor support and prices weakened sharp- ly on better crop news and ease at Duluth. Cash wheat offerings were small and buyers hiked their bids for light weight and well as choice offerings of country run spring wheat. Pre- miums were firm to Ic higher. Lo- cal mills showed more interest in elevator offerings which have gained several cents in the last few jays. No. 1 hard spring was 4 to 25c over July for protein up. te 12,50 er cent and weight to pounds, fo. 1 dark northern 3 te 25¢ over, and No. 1 northern 2 to 25¢ over. Winter wheat was in scant sup- ply and nominally steady, Durum was quiet and steady. No, 1 amber was le under Duluth July to 25c over, No. 1 mixed 4¢ under to 25¢ over, No, 1 durum 4c under to 23¢ over, and No. 1 red 3 to 4e under. Choice yellow corn was in good demand and offerings were light. Oats were draggy for light weights and a bit better for average quality, No, 3 whites were 8 to 11 cetns over July and No. 4 white 4 to 8c over. Rye was easier on a shift in the Dultuh spread. Demand was quiet. Barley was firm for malting with demand good. Feeding was quiet. Price range was 83 to 97 cents. Flaxseed was easy with an un- changed range. CHICAGO LIVESTOCK Chicago, June 22—()—(U, 8, D. A.)——Hogs, 22,000; market active; mostly 10c higher than Thursday's |9 p average; light Ugh and pigs 10 to 25c higher; packing sows steady; op 10, id for choice 200 to 2 .Weig'gs, Butchers, medium to choice 250 to 30 Iba 10.20@10.90; 2500 to 260 Ibs 10,20@10,90; 160 to|s 200 Ibs 9.60@10.90; 130 to 160 lbs 8,60@10.65. Packnig sows 8,90@ 90. Pigs, medium to choice 90 to 130 Ibs 7,50@9.50. Cattle—15,000; calves 1,000; very dull market on grai at 7.50@:! 8 13.50@14.90; 950 to 1100 Ibs 13.50 15.00; common and medium 850 Ibs up 9.75@13.50. Fed yearlings, choiee 850 Ibs down 13.00 @14.75; common and medium 9.00 13.00, Cows, good and choice 9,00 11.75; common and medium 7.25 9. low cutter and cutter 8.75 Bulls, good and choice ( 9.85@10.50; cutter to medium 7.40 9. ealers (milk fed) good and 11.50@14.00; medium 10.00 @11.50; cull and common 7.00@ 10.00; stocker and feeder steers, good and choice (all weights) 11,75 GIR: common and medium 9.00@ Sheep—6,000; fat lambs moderate supply; most strong; spot 15 to 25c hi rs sl slow 15 to 25e lower; changed. Lamb: (92 Ibs down) 15.1 14.00; ay 3; ewes, medium to choice 150 Ibs down) 3,50@7.00; cull and common 1,75@5.25. CHICAGO CASH GRAIN Chicago, June choice wheat. Desultory Barterings Make Day Deadest of Year New York, June 22.—(#)—Des- ultory trading characterized to- day's stock market, one of the dull- est full sessions of the year. Prices started forward at the opening, slipped back before midday and then started upward again in the early afternoon, repeating the per- formance of the last few daya. Except for the decrease in fed- eral reserve brokers’ loans, which was somewhat smaller than general- ly expected, there was practically nothing in the overnight news to in- fluence the price movement. Mohey rates continued firm, Further ex- ports of gold to tess € and France this week-end and the heavy demand for funds in connection with mid- year settlements preclude and pos- sibility of easy rates before the part of next month, Weekly bt tile Ti gba ta ree port irregul nessa, Radio was an erratic performer, climbing pearly 5 points to 174 3-8, Bi) 1-2 and then re- dipping to bounding to 1-4, or nearly 25 ints above the week's low. A jump of 6 1-2 points in Pierce Ar- row preferred was based on reports that magohlecions are nearing com- pletion for the merger of that com- pany with Studebaker. Willys- Overland common fell back more than 2 points. Coppers, after a period of jishnesa, moved forward under feadership of Greene Cananea and Calumet & Arizona. Food, mail order and chain store shares alao developed several points o: but the airplane, tobacco and ex- preas issues ran into further selling. MINNEAPOLIS CASH CLOSE Minneapolis, June Wheat receipts today 69 compared to 159g year ago, Minneapolis cash wheat and coarse grain cl tations today follow: 1 hard spring, fancy Montana ing quo- 1.75% @1.81% 1.73% @1.80% 1.46% @1.78% 1.62% @1.76% 1.62% 1,47% 2 DNS, ch to NS, gd to choice. 1.44% 2 DNS, or dto good. 1. 2 northern .,...4+ 8 DNS, ch to fanc; 8 DNS, gd to choice, 8 DNS, or dto good. gesneresces northern ,....... 1 dark hard (Mont.) 1 hard (Mont.)..... Minn, & SD, 1 dar! hard ......65.5 st Minn, & SD, 1 hard. Fey 1 amber durum, Fey 2 amber durum, 1 amber durw 28888 Seee eee ee eee 1 ved durum ... Coarse Grains 2 yellow corn. 3 yellow corn. 4 yellow corn, 5 yellow corn. 6 yellow co! 2 mixed corn, 63! oT 89 93 83 it 1.21) + 831% @2.86 ow Perce POTATO! j D. of A.)—Potatoes: cara, on track 189, total U. ments 1887 cars; new stock veryslow, A 22.~—()--No sales | Louisiana, Corn No, 2 mixed 1.00; No, 2 yel-|North Carolina bbl WY eta Nod white 69% @TUH; No. }O. 3 4 white aiges. 4 lo sales rye. ear Ago RRR = FR LKKFF 2, v 22, CaP, 8. lune 22.—( —(U, 3 Receipts 58 » Ship. Oot day (Furnished by Russell-! No, 1 High Lew Clone —Todayer 137% 1.87% 1,89 1 1.42% 1.38% 1.40% 1.43% 45% 45% a AT @% 110% 1.19% 115% = 1.16% 116% = 1.16% 11.85 (14.85 12170 18.17 12.38 12.60 13.97 18.90 1487 14.80 BISMARCK GRAIN ©e,) Bismarck, June 38 dark m No. 1 northern . No. 1 amber durui Price Movement Unmoved As N Hard Dark Rye July One un: der 65 Jb. aa corn, 70 Tbs, five conta under thell, winter wheat ....,. $1.14 hard winter wheat oe 218 MINNBAPOLIS RANGE June 22 ome High Lew Close 1.98% 1.38% 1.36% 1.36% 1.80 1.90% 137% 1.41% 141% 1.40% 119 1.19 1.18% 1.18% sept 1.18% 1.18% 1.12% 1.12% te Jul; Sept. July Sept. July Sept. July Sept, July Flax July ngth, | Sept, 55 Bb 4% BOM 42% 42% 40% 4H 288 2.33 230 292% 2.29% 227% 2.20% 2.20% 81% 83% 81% 88% 12% .73% 12% £184 DULUTT RANGE June 22 Open High Low Close 1.26% 1.26% 125 1.28 127) 1.27% 1.26% 1.26% 1aT% 114y 2.31% 2.32 2.29% 2.30 2.31% 2.32% 2.30 231 % RANGE OF CARLOT SALES AP). Minneapolis, Range of carlot grain sales: June Wheat No. 1 dark northern 1.43% No. 1 ber 1.52; No, hard sp! 4OLsK: No. 1 durum 1.3 ge alge 1.35! ae 4) Ne. 2.96. sampe gra io. Corn No. 1 mixed 1.00%. Qats, No, 3 white 644%@66. » No. 1 1.28%. Plax, No, 1 2.30% @2.46%,. 6.00; 4.00; 8.00 FARGO LIVESTOCK Fargo, June 22.-4)-Cat steers 12.00@13.00; mae 11,00@12.00; fair steers steers 8,00; heavy ewes cull ewes 100 ib up 3 4) A ait 1008.00; WET QUESTION FLARES UP IN HOUSTON TALK —_— (Continued from page one) crease in intensity as convention time approached. AL SMITH’S VIEWS STILL REMAIN SAME New York, June 28.—(AP)—Gov. Alfred E. Smith's views on prohibi- tion are unchanged. He was asked by the New York World: “In view of the questions raised at Houston about Norman EK. Mack’s ment of the present prohibition pro. visions?” “T have not,” the governor replied, SMITH ‘SHOTS’ TO BE DELETED IN FILM lew York, June 28.—(AP)——The picture of Governor Smith in the prohibition film “Deliverance,” which his friends said placed him in Crisp, tasty For thirty-five in millions of homes - a FRIDAY, JUNE 22, 1928 an unfavorable light, is to be de- leted. why Officials of the Stanley Advertis- ing company, whic! film for Robert E. Corradini, re- search secretary of the World League Against Alcohol, said it would be delivered without the flash of the governur. PS The film is a pictorial dramatize tion of two books on prohibition by Professor Irving Fisher, of Yale George B, Graves, secretary to the governor, had written news ree! companies, from one of whom the excerpt of the governor was pur- chased, warning them that use of the governor’s pictures for conamer- cial purposes would not be allowed. Pr tetany baad ag in Antonio, Texas, Jur R's, Hassell, of Rockford, Ts, took off here this morning for a nonstop flight te Los Angeles in the plane he hoy to use next month in a flight to Stockholm, Sweden, THESE MOTAERS-IN-LAW Los Angeles, ciety ot yall Mike Hagerty, and Havory — 12 isis rs the favorite cereal nd still the Favorite. Baked all the way through. veaal eau hred SSP UAE, — Will Give Your You will be surprised at the differ- ence this famous gasoline can make in your motoring, No matter what make of car you drive.-whether it is old or new— . Red Crown Ethyl will increase its speed and power flexibility. You'll notice a definite difference in - Leese oe gear More power all when you want it. shifting. Quicker Speedier get-away. Your car is to do your bidding—Red Crown Ethyl “knocks out knock”. Gerad in pectomnnane. Ted hoes Ethyl costs only a few cents more ordinary Fill up the te yA paella dt Any Standard Oil Service Station and at Most Garages h is making the |“! mother-in-law. and she’d drive me mad in time,” Baby Beeves Interest Livestock Convention ahieseny | June 22.—(AP)—Livo- m northwestern Min- nesota other sections of the state gathered here a, for the fifth annual livestock £ " day, Practical diseussions dealing dairy cattle, beef cattle, sheep and wine production, livestock diseases and marketing were included in the program, One of the features of the day's activities was i ion of the 32 baby beeves that have been on {eed for the past few months and a re view of the results secured from: various rations. HIS CLASSIFICATION Driver (arrested for speeding): But, officer, I'm a prohibition agent. Officer: Ignorance is no excuse. salutes NO. 189 GOES TO STANDARD OIL CO. ‘The Standard Oil Co. has en- pera ved . 16 Leonard Hanson is Sth Dakotan for W. J. Lane Co., Real Estate Genevieve Payne follows several other Dakotans to the Northern Pa- NESS training (( ighted—un- obtainable elsewhere) means beuer opportunities with better firme. Watch results. “‘Follow the $uc- To Wine FL Watkion Bose ji mt 5 806 Front &,, Fargo. Paid Candidate for Superintendent of Schools Burleigh County Primary Election June 27, 1928 +Pol. Adv. Is Your Birthday? | Reduce and Keep Fit