The Bismarck Tribune Newspaper, November 23, 1928, Page 2

\ spa Pen ) Urges Big Squad \ | PAGE TWO, JEVELOPMENT OF AVIATION IS HUGE PROBLEM Vill Emphasize Horrors of War, Says Co-Inventor of First Airplane 0G PROBLEM LARGE tust Concentrate en Civil and Commercial Flying More Than Military Branch ' Dayton, No 23.—(4)—Future ars will be rendered almost impos- | ‘ ble with the further develo} airplanes and poisonous gases as sapons, in the opinion of Orville right, who with his brother, Wil- | ir, made the first human flight ith a power-driven heavier-than-air | achine. “Wilbur and I foresaw the mili- ry use of airplanes soon after our itty Hawk flights in 1903, but we uld never have imagined the de- | ‘lopment of war on such a mam-| oth scale as that which we exper- need in the world war,” Mr. Wright | ys. \ Nation's Spent Millions | “We thought that the nation with | e greates air strength would be) preme in the event of war, but we d not imagine either side spending tney on the building of more tha: If a dozen or a dozen planes. The orld war shewed us that nations | 2re ready to spend millions in the tilding of a fighting force on land, | a and in the air. “With the development of fighting : forces capable of holding whole | ies and the sources of supply in bjection to their bombing activ- es, the airplane along with poison- S$ gases will emphasize the horrors war and bring nations to the real- | ation that neither side dare go to ar, “It is for this reason that I con- ler the development of civil and mmercial aviation more important an the military branch. mething for which we mi , re a fighting force to ins s emacy in the air today, but it is t a relatively short time before | tions will come to realize that ir is too horrible to be possible, and Il turn greater attention to civil | d commercial aeronautics,” Mr. | right says. The greatest barrier to the de- papmaent of aviation today, in the | inion of the inventor, is not to be; and in any weakness of the air- | ane itself, but in the obstacles of ¢ and inclement weather. | Praises Doolittle “No new achievement in the con- suction of the airplane itself will as important to the development | rey r commercial transport rviee as the solution of the fog oblem. We cannot expect to es-| olish regular transport routes and tintain regular schedules unless ines are enabled to fly in all kinds weather and despite fog. “We are fortunate to have such fine young flier as Lieut. James olittle to work on this problem fog flying, which I consider the satest enemy of the airplane to- With several competent tech- men working out new aids to g flying, Doolittle is ready to fly all kinds of weather to test their struments and beacons. When z has been eliminated as a barrier flying, we can expect the industry advance Ly leaps and bounds,” +, Wright asserts. | HICAGO LAW WINS VICTORY “iminal Court Jury Finds 15 Men Guilty of Election . Fraud and Violence + Chicago, Nov. 23.—()—Chicago’s , @an up crime” campaign won a minal court victory today when a ‘ -y found 15 men guilty of frauds + 1 violence in the “Bloody Twenti- :” ward last primary election day. }* Ine of the 16 defendants, Joseph 4 marino. alias “Peppy” Genero, , 8 acquitted. Punishments fixed by the jury, + sich deliberated 13 hours, were » es ranging from $400 to $1,250. ’ he trial lasted six weeks. It was + 2wn as the “Eller trial” because : defendants were reputed lieu- lants of City Solicitor Morris » “boss” of the “Bloody Twenti- where sluggings, kidnapings, one slaying occurred primary ction day, April 10. ; Siler and his son, Judge Emanuel have been granted a separate m similar charges. _ WEATHER FORECAST Yor Bismarck and vicinity: and Saturday. Nort Fair Somewhat Dakota: Fair tonight . Somewhat colder to- SER De is central and Aircraft and Gas t o Render THE BISMARCK. TRIBUNE... -..-. _.. FRIDAY, NOVEMBER 23, lyzs Cre, ©1928, BY NEA stevice, we. REG. U. $. PAT. OFF. “See the idea of this bank is to body what needs it.” | SIDE GLANCES - - - - By George Clark | take my money and loan it to some- | Shoals Nitrate Plant ‘Beehive Without $75,000,000 Factory for Fertil- izer Manufacture Lies Idle 10 Years Editor’s Note: second of two articles by Robert ‘Talley, NEA Service writer, de- scribing present conditions at Muscle Shoals as he found th T article tells of the § 000,000 nitrate plants which have never been used except for a test period. (By ROBERT TALLEY) Muscle Shoals, Ala. N (NEA) — Eleven years ago, v German submarines were sinking allied ships laden with Chilean ni- trate, so essential for the manufac- ture of explosives and fertilizer, an army of 12,000 workmen toiled like beavers to build $75,000,000 nitrate plants here. Night and day their hammers rang as three shifts hurried with their task, foot by foot the cotton fields receded as construction crews advanced, inch by inch rose the great factory buildings of Nitrate Plant No, 2 until they spread out over 0 acres. They were rushinj build one of the greatest indus: plants in the world for the manufac- ture of fertilizer in peace by means of power supplied by Wilson dam, a mile or so away. Ten years ago thjs mighty bee- hive of industry was’ completed just as the war ended—and for 10 years now it has stood as a beehive with- out any bees, Shrouded With Dust Within the high steel fence, one of the largest and costliest indus- trial plants in the world is deserted and silent. Inside, dust lies deep on bar and bolt, not a wheel turns, the great furnaces are dark, all the towering smokestacks are cold.. it is like a city of the dead. So it has been for 10 years, while Congress has tried vainly to decide what shall be done with it. For a decade Congress has debated the question and it seems no nearer a solution now than ever before, though the people of Muscle Shoals area hope that something will be done at the December session. Nearby is the smaller Nitrate Plant No. 1, covering 1700 acres, equally deserted, cold and silent. A guard unlocks the main gate of Nitrate Plant No, 2 and takes you through its 2200 acres, crowd- ed with big buildings, many of which are more than 1,000 feet long. He is one of the 60 men, including a motorized fire department, that the government keeps on duty there to protect the plant and keep it in stand-by condition. And it has been This is the D so kept; if an emergency arose it | could noti “This building and its equipment cost $13,500,000,” says the guard as he takes a key from his pocket and unlocks the big acid plant, near the end of the chainlike system, “It’s one of the most expensive on the reservation.” Five Pounds of Nitrate From a dust-covered shelf he takes a large glass jar, containing about five pounds of white substance that looks and feels like damp salt. It is labeled proudly: “Ammonium Nitrate—Produced at U. S. Nitrate Plant No. 2, Muscle Shoals, A! This five-pound jar is all of the finished product that the govern- ment has to show for its $75,000,000 investment. The 1800 tons of ni- ites that the plant produced in it successful test period upon comple- ae 10 years ago were sold long since, gin operations on two weeks’ Operati at full capacity, the pat could produce 300 tons each hours , according , to claims, vastly reduce the fertilizer bill of the American farmer. But Con- gress, after 10 years, is still unable decide on a plan of action. The people of Florence, jmeestiald and Tuscumbia—which girdle the t Muscle itrate plants ‘itself or | heaft them to one of the numerous All they want is to nave plants operated; by whom makes “ts a ual through 01 long rows of ex. fen | but the government's | buildings Bees’ pensive machinery, great electric furnaces that burn carbon clec- \trodes as big as tree trunks, pow- \erful air compressors and lofty ele- | vators and towers, All are still, silent, deserted. i Meanwhile, the Musele Shoals area | Waits for the great day that it con- | fidently believes will come—though iit does not know when. The real {estate men, with their subdivisions, ; have been on the ground for years. | Paved _ streets, vith fancy street signs already erected, run through | the nearby cotton fields, dotted with | little stakes that mark ‘off the lots. | Visions of a great city fan their ; hopes. Local residents admit that ithe realty market is now inactive, y it is by no means near a collapse. ..... the feeling of cer- tainty that Muscle Shoals plants} | will be operated some day, employ- | ing thousands of workers, sustains | them. a Politics Is Blamed If you ask the average man on treets of Florence, Sheffield or |Tuscumbia why the great nitrate | plants have stood idle for 10 years and why 87 per cent of Wilson dam’s lavailable power is permitted to go | to waste, he will answer like this: “Politics, that’s all. The Muscle | Shoals plants and Wilson dam were built by a Democratic adminstration | and the Republicans don’t want it| |developed. They want the power trust to get Wilson dam and the fer- | tilizer trust to get the nitrate plants. | why Congress is holding off.” | Regardles of the accuracy of this explanation, a visitor hears it on every hand in and around Muscle Shoals. The hotel clerks, the drug- the restaurant men, the bus d the merchants, the local jNewspaner editors insist that such j is the reason. y rate, a golden torrent now flows to waste every day at Wilson jdam and for 10 years a mighty | plant that is ready to provide jobs been a for thousands of men has | vast industrial graveyard. \BISMARCK MEN FACE TRIAL IN | DISTRICT COURT (Continued from page ne} | leased on bonds and what the bonds | should be. The death of Edwin McCarty, court reporter, before he had tran- scribed his notes on the coroner's inquest, brought another delay to the movement to have Potter re- j leased on bonds, and he has been held in the county jail since. | Testimony offered at the coroner's, | inquest tended to show that Potter fired the shot which killed Webb in | front of the Potter residence at 623 j Eighth street. Webb and Mrs. Pot- jter are said to have arrived at the | residence in an automobile just be- fore the shooting. Domestic's Testimony Damaging Linda Clausnitzer, 15, domestic at the Charles “igler residence at Ave- nue B and Eighth street, testified -hat she heard Potter curse Webb jand Mrs. Potter as they alighted | from the car, and that she heard the shot fired. She said that Mr. and Mrs. Potter then went into the | house, leaving Webb on the pave- | ment pleading for aid. Webb cried, “Mary, I’m shot! I’m dying! Take me to a hospital!” according to the | domestic. | A few minutes later, Webb was taken to a hospital by Mrs. Potter and her son, Henry, according to the testimony offered at the inquest. Testimony at the coroner’s inquest also showed that young Webb, short- ly before his death, told a policeman and an attending physician that the shooting had been an accident and that Mrs. Potter made a statement to the same effect. In addition, F. i tions started in 192 | period of two ye Webb Brothers about two years. Patterson Makes Charg Walla’s indictment grows charges ma.> by Edward G. Patter: son, tel, t department at Walla, his bookkeeper, had jrants for his arrest were 20, Walla could not be found issued. He was later Wyoming and was brought to Bi marck, where he has been lodged in the county jail since. It is alleged that Walla’s pecula- and covered a Discovery of the shortage of the funds was made following an audit of the books by 0. B. Lund, The method used, ac- ling to the report given by Lund, s forgery of the signature of H. Lobach, receiving teller of the First National Bank. Checking up with the First Na- tional bank, it was found that on many days over a period of two years no deposits were made at the First National Bank, but that Mr. Walla, it is charged, forged the name of Mr. Lobach to the deposit slips which he attached to his daily reports to Mr. Patterson. A greater portion of the loss to the Patterson hotel was covered by surety bonds, it is said. Walla was employed at the hotel since 1923, LAYS TRAGEDY Vestris Chief Engineer States Stokehold Crew Deserted Posts ‘ New York, No (AP)—The Vestris might not have sunk if the “black gang” had stuck to their josts in the stokehold, said Chief Engineer James A. Adams, testify- ing today in the steamboat inspec- tion service hearing at the customs house. The volume of water in the vessel, he told Dickerson N. Hoover, super- vising inspector general presiding at the inquiry, was kept down as long as they had steam, but the stokehold crew deserted their posts before 12 o’clock of the Monday that the ship sank. At one point, Adams told of his rescue by No. 13 lifeboat in which there were five or six sailors and one fireman. He said that the men in this boat were not panic stricken and Mr. Hoover asked him if he took command of the boat. “I tried to control them as much as I could,” Adams said. “Did you ever have trouble with the black gang?” “In what way?” countered Adams. “Were they ever mutinous?” “There was no trouble except they | wouldn’t turn to.” Northwest Grocers Join New Ailiance Retail merchants and _ general store owners have acvepted the plan of the Independent Grocers Alliance, sponsored by Winston and Newell company, wholesale grocers of Min- neapolis, with branch houses at Bismarck, Aberdeen, Miles City, Mi- not and St. Cloud, as reported by officials of this company, today. At a series of meetings conducted in Minneapolis and throughout the states of Minnesota, North and South Dakota, and Montana, over 600 retail merchants have joined the national movement under the banner of the Independent Grocers Alliance. These dealers will, within the next few months, rearrange and redecor- ate their stores so as to improve their appearance and make them more efficient in operation. Officials of the Winston and New. ell company state that the ready ac- ceptance of this plan, by Northwest jdealers, demonstrates without ques- tion, the fact that the independent merchant is on the look-out for progressive ideas which will put him in -better position to meet competi- tion. By centralizing their purchases with the Winston and Newell com. pany, who, in turn, combine th buying with other jobbers located in numerous states, mass buying is made possible. By the consolidation of printing and newspaper advertising, it is pos- sible for the members of the Inde- pendent Grocers Alliance to tell the people of the Northwest about the many good things which they have to offer, at a minimum of expense. 313 Chicago Employes Chicago, Nov. 23.—(AP)—Three hundred thirteen employes of Chi- cago’s legal department have worked for nothing for two weeks to cut down city expenses. It was Corporation Counsel Sam- uel A. Ettelson’s response to Mayor Tkompson’s recent order for. econ- ony. in all departments. ‘he “salvage quota” of the legal department was partly fulfilled by two weeks with- out wages. i Thirty members of the civil serv- ice commission already have con- tributed a month’s pay to help make up their quota. ‘i Little Falls Man Is Killed in Auto Crash E. McCurdy, state’s attorney, said that young Webb told his father that the shooting had been acci- dental. Webb died without spits. ing this statement, and Potter has said nothing except his statement to iperman that he was the shooting occurred. ee Potter did not testify at the ing. Potter has retained the legal coun- sel of Scott Cameron, local ey. who is a close friend, and Louis H. Connolly, Mandan. $ Raymond E. Potter, who has been a resident of Bismarck for about eight years, is 39 years.old. He has Little Falls, Minn., Nov. 23,— iAP) V. Tanner, 50, a mill- ed late Thursday night five pie chen’ grading machine.. ‘Acomeding to belles a pass’ lo the grad ‘mo! rt, parked on the highway, He is survived by his widow. and six children, been employed as a salesman in the store from proprietor of the Patterson ho- stolen $8,308.52 from the hotel. War- ed by | F. E. McCurdy, state’s attorney, sete i y Sheriff Rollin Welch, who sought to | arrest him, after the warrants were arrested in ON BLACK GANG. Work for Nothing to Cut Down on Expense 100,000, which was er, was kil when the automobile he was driving| west of -here. struck a information given torist who ‘anner there was no light on time—write ‘a KING'S ILLNESS ing George Passes Restless Night; Temperature Re- mains at 101 | London, 23,— (@) — King | George's illness assumed a some- ‘what more serious aspect today with jthe further development of conges- tion in one lung. | A bulletin issued at Buckingham | | Palace at mid ‘ “The ki stless night, at 101. esty’s strength is maintained The bulletin was signed by the king’s physicians, Sir Stanley Hew- ett and Lord Dawson of Penn. While there was reassurance in the bulletin that his majesty was maintaining his strength, public anxiety over the illness of the king was not allayed. It was recalled that _King Edward’s fatal illness started with a congestion in the lung, and therefore it was inevitable that anxicty over the king's con- Guts would be accentuated by this fact. The king’s medical advisers, who spent an hour and a half with him {this morning, planned to return to {the palace late this evening, when it was expected that a further bulletin would be issued. Unless unforeseen circumstances should develop, noth- ing further was likely to be an- nounced before then. Premier Baldwin left Glasgow this morning for London, and under the present arrangements will spend the week-end at Chequers, but will be accessible should there be any neces- | sity for his presence in connection | with the king's illness. |..It was learned that members of ithe household at Buckingham palace are not unduly alarmed or anxious about the king's illness. His maj- esty was said to be quite cheerful, ; and members of his immediate suite also were cheerful. | The ordinary routine of the palace was slightly disarranged by the ing's confinement to his bedroom, but as far as possible everything was being carried on as usual. NINE HIGHWAY CONTRACTS LET Letting of Contract for Stretch of Paving in Ward County Postponed Nine contracts for highway con- | struction were let to successful bi iders by the state highway commis- sion here today. The awarding of the contract for 113 mile of paving in Ward county was postponed for further consid- ‘eration. The contracts let and successful bidders follow: To Pitts & Lambert, Bismarck, graveling of 10.616 miles in Grant county from the Hettinger county line cast on No. 21 to Elgin, for $20,630.01, To M. E. Lein, Veblen, S. D., earth work of 5.082 miles in Dickey county trom Ludden on No. 1 south to state line, for $18,029.36, To William Schultz, Fergus Falls, Minn., earth work of 9.651 miles in Ward county from Ryder east on No. 23, for $82,539.54. To Steig & Olson, Esmond, earth work of 8.041 miles in Bottineau county from highway No. 5 south on No. 17 to Omemee, for $26,712.56. To M. B. Monson, Portland, earth work of 10.157 miles in Walsh gounty from highway No. 17 on No. i 32 to Pembina county line, for $32,922.53. To M. E. Lien, Veblen, S. D., earth work of 8.035 miles in Richland county from Fairmont on federal highway No. 81 south to state line, for $18,964.37. To M. E, Lien, Veblen, S. D., earth work of 17.138 miles in Ransom, Richland and Cass counties from En- derlin east on county lines, for $42,942.20, NAGURSKI WILL PLAY FULLBACK Minneapolis, Nov. 23.—()—Twin City newspapers today published re- ports from staff writers with the |Minnesota football team at Madison saying Bronko Nagurski, recently at tackle, would start at fullback to- morrow against Wisconsin. Nagurski was a tackle last year but Coach Spears made him a full- back to start the season this year, and then switched him to tackle aft- er the Iowa game. With Nagurski in the backfield tomorrow, the Madi- son reports say, will be Brownell and Pharmer at halves and Hovde at quarter. Try your poetic ability — Write a line for the Limerick. See page 3. WED TWICE IN 3 YEARS New Yorl:, Nov. 23.—()—H. Gat vison Silleck, 3d, of Park Avenue, and Miss Adelaide Slosson of Green- wich, Conn., have been married to each other twice in three years. They oliad when the girl was at school. e marriage was-annulled, ‘After they became 21 there was'a church wedding with members of the family present. i COUGHED NIGHT AND-DAY John Vognue, Elberton, Ga., says: “I coughed night and day until my throat was raw and hoarse. | I began tak! Foley’s Honey at Tar Com; , my ° lition - proved at once. and well. as ever. me confidence me;.and it ite Was soon as very name gave that i would Tal did,” Best for coughs, : Profitable colds, croup, bronchial sand line in the erick contest | even ig cough. Effective win a cash prize — Ex- Paine on page 3. alike for children and grown per- oe. No opiates. Sold everywhere. Iv. . ; ‘ ay MORE SERIOUS GRAIN | Preecy OotSlneranh mee BEAR ESTIMATE ~ LOWERS WHEAT Prices Average Littie Drop on 1928 Argentine Proiv ) Reports | Chicago, Nov, (AP)—Not- withstanding upturns at times, wheat prices developed a late dow ward trend today, influenced by 1 ports of favorable weather for he tina, Besides, bearish estimates of 1928 wheat production in Argentina | the selling side, and so likewise did decided slackness of export demand today for wheat from Canada. Corn vest operations in northern Argen-|~ as a whole gave some advantage to!, By Associated Press Leased Wire | MINNEAPOLIS CASH CLOSE Minneapolis, Nov. 23.— (AP) — Wheat receipts today 152 compared to 441 a year ago. Minneapolis cash iwheat and coarse grain closing quo- tations today follow: was weak throughoui the day owing a good deal to enlarged sales of Iowa and Illinois corn to come to| Chicago. Wheat closed easy, | , i Ye to Ske net} lower, (Dee. 1.16% to %@%, March | 1.20% to 1.21, May 1. to 34). Corn Se to 1% @1%c net lower, (Dee. 8512 to %, March 87% to 7%, May 90% to 5%). Oats closed unchanged to 446@Me up, (Dec. 46%, March 47%, May 47% to 7%@48), and provisions un- changed to 35¢ down. According to a widely known British authority, the Argentine sur- plus wheat, ld this season will ag- gregate probably 220,500,000 bush- els, against. 185,C00,000 bushels act- ually cleared so far this season. In this connection, was significance at- tached in some quarters to the fact that Liverpool wheat quotations to- day were lower than due, notwith- standing advices that southern Ar- gentine crops are suffering because much in need of rain. The de- ficiency in moisture it was reported today, has now continued for ten weeks, On th other hand, some European buying of wheat future deliveries in Chicago was apparent at times to- day. There were also reports of good demand for domestic No. 2 hard winter wheat at the eastern seaboard and Minneapolis sent word that mills today were on the buying belt were favorable. Oats sold at a new high on the crop as a result of commission house buying, but corn weakness led to a reaction from best figures in the oats market. Provisions went lower with hogs. WHEAT CREEPS UP AND THEN RELAPSES Minneapolis, Minn., Nov. 23.—(/) Wheat futures crept up 3c to %e above yesterday’s close after an easy cpening today. A relapse came about midday. Oats were quiet and firm, gaining 4c to %&c by midsession. Barley fu- tures were slow and steady. Rye | futures were slow to respond to} wheat firmness. Flaxseed futures weakened on profit-taking and easy cables.’ Cash wheat offerings were small and demand was a bit better in spots, ; especially for 12 to 13 protein. Top quality was a trifle easier. ,Winter wheat offerings were skimpy and basis was unchanged. Durum was quieter except for | choice milling quality. Cofn offerings were larger and} demand was fair, although lower} grades were inclined to drag. Low moisture sold readily. Oats were in light supply and de- mand was quiet to fair, Rye of good milling quality was in steady demand, with ordinary quiet. Barley was steady to firm at 52c! to 68c. ' i Flaxseed offerings were moderate and met a good demand. CHICAGO LIVESTOCK , ing at 13.00 down to 10.50, The general market badly in need of small receipts next week. Slaughter classes: Steers, good and choice 1300-1500 Ibs. 12.75 to 17.25; 1100- 1300 Ibs, 12.50 to 17.00; 950-1100 Ibs. 12.50 to 17,25; common and me- dium 850 Ibs. up 8.50 to 12.50. Fed yearlings, good and choice 750-950 j lbs. 12.25 to 16.50. Heifers, good and choice 850 Ibs, down 11.25 to 14.75; common and medium 7.50. to 11.25. Cows, good and choice 8.25 to 11.00; common and medium 6.90 to 8.25; low cutter and cutter 5.50 (beef) 9.50 to 11.25; cutter to me- dium 7.00 to 9.40, Vealers (milk-fed), good and choice 12.00 to 15.00; me- dium 11.00 to 12.00; cull and com- mon 7.50 to 11.00. Stocker and feeder steers, good and choice (all weights) 10.50 to 11.75; commen and medium 8.50 to 10.75. Sheep: 10,000. Fairly active. Fat lambs unevenly steady to 25c higher; bulk under light sort 13.00 to 13.25. Sheep and feeding lambs_ scarce, steady. Lambs, good and choice 92 Ibs, 12.50 to 13.50; medium 11.75 to 12.50; cull. and common 8.25 to 11.75. Ewes, medium.to choice 150 Ibs. down 4.50 to 6.75; cull and com- mon 1.75 to 5.00.- Feeder lambs, good and choce 12.25 to 13.50. h To arrive side‘of the futures. 4 yellow corn... Weather conditions over the corn| ‘To arrive to 6.90. Bulls, good +and choice | M: ;Cash Wheat-— Delivered Arrive |" 1400 Protein— 1 dark northern.... 1.29% @1.35% | To arrive ....... 1295 @1.31% j2 dark northern.... 1.275 @1.33% 13¢¢ Protein— 1 dark northern.... 1.2153 @1.25% To arrive ....... 1.215% @1.23% j2 dark northern... 1.18% @1.23% 12% Protein— é 1 dark northern.... 1.125%@1.145 To arrive + 1.1256 @1.13% 2 dark northern.... 1.105% @1.13% Grade of— j1 dark northern.... 1.125 @1.13% To arrive . 1.12%@ 2 dark northern.... 1.10% @1.12% Grade of— 1 northern + 1.115% @1.135% To arrive » 1.11% 2 northern 1.0953 @1.12% Montana Winter 14% Protein— 1IDHW or 1HW.... 1.275) @1.29% To arrive ....... 1.28%@ 134 Protein— 1DHW, or 1HW 254 @1.23% To Srrive . 235% @ 12°~ Protein— 1DHW or 1HW.... 1.1354@1.15% To arrive . : 111%@ Minn. & So. Dak. 12° Protein— 1DHW or 1HW.... 1.095,@1.12% To arrive + 1.095% @1.11% Grade of— 1DHW or 1HW. To arrive + 1.08% @1.10% - 1.08% @1.09% ‘um + 1.15% @1.22% + 1.15% @1.20% 13¢¢ Protein— 2 amber 1.13% @1.21% Choice of 1 amber.. 1.12% @1.17% Chaice 1 amber. To arrive To arrive seees 112% @1.16% 124 Protein— 2 amber ...... + 1.10% @1.15% Grade of 1 amber... .94%@ .99% Grdae of 2 amber. + 93%@ 08% Grade of 1 ddruak, 98 Grade of 2 durum... 1 red durum.. To arrive 2 Coarse Grains ‘ 2 yellow corn. 8614@ -.8715 3 yellow corn. es 84% 2 AT%@ + B%@ .78% %@ 94% 4@ -73%@ -124@ 14% -70%@ «7 yellow. corn. 6 yellow corn. 2 mixed corn 3_ mixed corn. To arrive 4 mixed corn. To arrive mixed corn. 6 mixed corn. 2 white oats. 3 white oats. To arrive 4 white oats. Barley, ch to To arrive ...... Barley, med to gd To arrive Berley, lower gd 1% 9% a ‘ar Nearly Impossible, Says Wright MARKETS FINANCIAL NEWS [STOCK MARKET SOMERSAULTS Swift Selling Movement Just Before Mid-Day Wipes Out Many Gains New York, Nov, 23.—(AP)—The stock market turned a complete }somersault on a _ record-breaking turn-over today. A tremendous ac- cumulation of overnight buying or- ders sent prices of many active is- sues soaring 5 to 30 1-2 points in the early trading, but a swift sell- ing movement just before mid-day cut down or wiped out many of the early gains, and sent a number of stocks 1 to 5 points below yester- day’s final quotations. A brisk re- covery was in progress in the early afternoon, Despite the elimination of sales from the tape, the ticker fell 45 minutes behind the market by 1 o'clock. So xreat was the conges- tion the exchange met at noon and voted to suspend business on Saturday. ,_ The midday selling movement was inspired by reports that an “import- ant statement” would be given out by the federal reserve bank at 1 p. m. Many traders apparently feared that another warning on credit in- flation was bach f and they threw stocks overboard, but the statement proved to be merely the election of @ new governor of the bank to suc- ceed the late Benjamin Strong. The market’s quick reaction indi- cated the nervous tension created by the recent spectacular advance in prices. With the market closed to- morrow much of the day’s sellifig al- so represented week-end profit tak- ing which ordinarily is distributed over two days, Cash Threshing Machine soared 30% points to a new top at 515 and then dropped to 500, and Wright Aeronautical ran up 19 points to 289 and fell back to 264. Curtiss dropped from 164% to 153'4, Vivtor Talking Machine from 158% to 147%, and Radio from 379 to 361. Montgomery Ward dropped 12% pointe below last night’s close, and ‘'anadium Steel 5. General Motors ran up 5% points to 214% and slipped back to 212%. New high records again were established by a wide assortment of issues, the list including Andes, Ken- necott, Inspiration and Cerro de Pasco coppers, Standard Oil of Cali- fornia, Marland, Superior Oil, Pack- ard and Nash Motors, New Haven, Erie, Kansas City Southern and Pere Marquette railroads. FARGO LIVESTOCK Fargo,, N. D., Nov. 22.—(P)— Choice steers-and yearlings 12.00 to 15.00; meditin steers 10.00 to 11.00. Good heifers 7.75 to 8.50; medium heifers 7.00 to 7.50. Good cows 7.25 To arrive -.. 52 @ 2 rye... ++ 99% @1.06% To arrive - 99%@ No. 1 flaxseed + 2.385% @2.43% To arrive + 2.35% @242% DULUTH RANGE Duluth, Minn., Nov. 23.—(#)— Open High Low Close Durum— Nov. 99% 99% 98% .99 Dec. 99% 1.00 98% 98% May 1.06% 1.08% 1.05% 1.05% Rye— Dec. 1.02 1.02% 1.01% 1.01% May 1.05% 1.06% 1.05 1.05 Barley— Dec. 61% 61% 61% 61% Flax— Nov. 2.3542 2.3514 2.38% 2.28% Dec. 2.36% 2.36% 2.32% 2.33% May 2.42 2.42% 2.39% 2.39% MINNEAPOLIS RANGE Minneapolis, Nov. 23.—(4)— Chicago, Nov. 23.—(AP-U.S.D.A.)| | Open High Low Close logs: Receipts 27,000. Mark Wheat— ay ; mostly 10¢ lower than Thursday's | Dee 112 1.12% 1.1154 1.11% average. Top 8.60 paid freely;|May 1.18 11815 1.17% 1.17% for choice 190-280-pound weights.| Rye— . Butchers, medium to choice 250-300|Dec.. 1.01, 1.01% 1.00% 1.00% Ibs. 8.25 to 8.60; 200-250 Ibs. 8.35 to|May 1.03% 1.04% 1.03% 1.03% 8.60; 160-200 Ibs. 8.00 to 8.60; 130-| Oats— : i 160 Ibs. 7.25 to 8.40. Packing sows | Dec. 42% 42% 42% 42% 7.50_to 8.10. Pigs, medium to choice | May + 44% 44% 44% 44% 90-130 Ibs. 6.75 to 7.75. Flax— Cattle: 3,000; calves, 500. Largely|Dec. 2.87 2.38 2.85% 2.35% a cleanup market, buyers showing |May 242 248 240% 2.40% a little more interest but demand| Barley— generally still narrow, stale offer-|Dec. 61% 61% 61% 61% ings predominating, most steers sell- |May 65% 65% 65% .65% to 7.75; medium cows 6.75 to 7.25; fair cows 6.00 to 6.50; plain cows 5.50 to 6.00; cutters 4.75 to 5.50. Good bulls.7.26 to 7.’5; medium bulls 6.50 to 7.25; common bulls 5.00: to 6.50. Calves: Top veal 11.00 to 12.00; cull veal 7.00 to 8.00; light heavy calves 9.00 to 10.00. Sheep: Top lambs 11.00 to 12.00; heavy lambs, 100 lbs. up, 9.00 to 10.00; cull lambs 8.00 to 9.00. Light ewes, 130 lbs. down, 3.50 to 4.50; heavyq ewes, 150 Ibs. up, 4.00 to 4.50; cull ewes 1.00 to 3.00. Bucks ao to He - ogs: 150-180 lbs. 7.40 to 7.90; 180-200 lbs. 7.90 to 8.00; 200-225 ‘bs. 7.90 to 8.00; 2251250 Ibs. 7.90 to 8.00; 250-300 Ibs. 7.90 to 8.00; 300-350 Ibs. 7.50 to 8.00. Packers 6.75 to 8.40, Stags 6.75 to 7.25. RANGE OF CARLOT. SALES Minneapolis, Minn., Nov. 23.—(P) Range of carlot grain sales: Wheat — No. 1 dark northern 1.14% to 1.87%; No. 2 northern 112% to 1.17%; No, 1 durum 1.03%; No. 1-mixed durum 92%. Barley—Sample grade 62. Corn—No. 4 yellow 76 to 80. = Oats—Ni white 42%. Rye—No. 2 1.02. 1 2.39 to 2.46%. Flax—Ni , CHICAGO POTATOES Chicago, Nov. 23.—(AP)—(U. S. D. of A.)—Potatoes: Recei 90 cars, on track 310 cars; total Unit- ed States shipments 594 cars; trad- ing slow, market steady; Wisconsin CHICAGO GRAIN TABLE Chicago, Nov. 23.—(P)— Open High Low Close Wkeat— Dec. 1.16% °.17% 1.16% 1.16% March 1.2146 1.22% 1.20% 1.20% May 1.23% 1.24% 1.23% 1.23% Corn— Dec, 86 86% 85% 8545 March + 88 88% 87% 87% May. 90% 91% 90% 90% Oats— ° Dec. AG 46% 46% 46% March 46% 47% 46% 47% ay AT% 48% ATH ATH ye— Dec. 1.03% 1.035% 1.02% 1.02% March 1.06% 1.06% 1.05% 1.05% May 1.08% 1.09% 1.07% 1.07% Lard— : Nov. . Dec. 50 Jan. 12.00 March 12.15 12.07 12.07 may, 12.37 12.27 12.27 ibs— : Dec. 10.75 10.70 10.75 Jan. 11.05 11.00 11.05 Bellies— \ Nov. 12.05 Dec. 12,05 dan. 12.30 CHICAGO CASH GRAIN Chicago, Nov. 23.— (#) — Wheat No. 2 hard 1.22@%;, sample gra Corn—No, 4 mixed 883@%; No. 4 yellow 82%@84%; No. 3 white 85%; satanls grade 72@%. Oats—No. 2 white 48@49; gtade 42@%.. ate Rye—No. 2, 1.09. Barley—54@73,. Timothy seed 5.00@5.50. Clover seed 22.75@81.25. \ Lard, 12.35, | Ribs, 10.75, janple BISMARCK GRAIN - (Furnished by Russell-Miller Co.) Bismarck, Nov. 23 No. 1 dark northern . No. 1 northern . No. 1 amber duru: sacked round whites 85c to 1.00; Minnesota and North Dakota sacked round whites 80c to 95c; sacked Red River Ohios 1.00 to 1.05; South Da- kota sacked E rly Ohios 95c to 1.00; Idaho sa-ked Russets 1.50 to 1.80, _ CHICAGO POULTRY jcbieans Nov. Sige) henley alive, steady; receipts 3 nochange ip cars; prices MINNEAPOLIS POTATOES Minneapolis, Nov. 23.—()—(U. 8. D. A.)—Potatoes: Light wire in- guiry, demand ‘very slow, market lull, too few sales reported to quote. CHICAGO PRODUCE Chicago, Nov. 23.—(AP)—Butter unchanged; receipts 5557 faba 7 ‘ggs—Unchanged; receipts 1828 cases, Cheese r changed. MINNEAPOLIS FLOUR Minneapolis, Minn., Nov. cappngpell unel ged. i‘ ments 87.407 barre! Bran 32.00 to 82.50, ——_—_____ FARGO LIVESTOCK Fargo, N. D., Nov. 238.—(#)— Livestock unchanged. 4 * Stock Exchange to Close on Saturday. New York, Nov. 23—(#)—The 23,— Ship- No. 1 mixed durum board of governors of the New York No. 1 red durum stock: e: today: voted. to close Ne. i ae see ie exchange eg » Offices of fo. ; xl me! » however, “ fe. rye 85 rimaln’ opens " ee jarley .... ——__—___.__. Seed barley The Barker Baking and Can. Oats ..... epalte per ewt, lard winter. wheat Dark hard winter wheat, . dy Co. is running a Limerich g5| contest. Look for the explana: 4 “4 aR ee