The Bismarck Tribune Newspaper, January 22, 1929, Page 9

| TUESDAY, JANUARY 22, 1929 CORN PRICES BREAK |[ “New Yor stocks-1/STOCK MART TAKES THE BISMARCK TRIBUNE ON THE AIR WOR WA: YI fore) 'KRC IRC KOIL WSPD hed FEATURES Wednesday, Jan. 23 AS WHEAT GOBS UP | cun's'5°."""...ye| VIGOROUS UPTURN) | s=-ssnesans ef ewarae | : am. Pn IN WOM Internal HAS 5 Revelers: ; KPRC_WOAI Slightly Easier Money, Espe-| {/ #30—Ollve Palmer. ai cially in Metal and Mo- tors, Responsible New York, Jan. 22.—()—The stock market responded to sligi Severe Cold Wave Steadies Nervous Wheat, While Rain Causes Corn to Falter ¥:30—Night lub Romances; Lo’ SOUTH ST. PAUL LIVESTOCK . ot Bae attle—1,800; Give autita. tae eter PE E this season. acceptance rates in some cases were Monday’ 5 Hk and Wheat closed buoyant, 2%¢ to 2%0 higher than the rediscount rate. | butchers 850 to'b00, inp Stoo Inne net higher (March 1.251;, May 1.38% ‘The day's news was largely Yavor- | lights 8.50 and better: bulk sows 8.00: to 1.38%, JPuly 1.30% to 1.31). able, including the second increase in bulk pigs 825; average cost Monday Corn finished at Kc to %c net de- the dividend rate of Chile Copper in 8.66; weight 221. cline (March 98% to 98%, May 1.01% three months, placing it oh a $3.50 Sheep—1,500; late sales fat lambs to 1.01%). annual besia. It was reported that | Monday steady at 16.25; bidding weak Oats closed %c to Yc’ advanced Anaconda had cffered to exchange 73 to lower today; asking mostly steady; (March 53%, May 53% to 53%, Juuly shares of its stock for every 100 shares | culls mostly 11.00 to 12.00; heavies 50%). of Chile which it does not already | 13.00 to 14.50; fat ewes steady; choice hold. M. A. Hanna Co,, resumed divi--| early 9.75. ends on the first preferred stock aft- ing in the province of Buenos Aires CHICAGO LIVESTOCK orable development was further re- Chicago, Jan. 22—(AP)—(U. S. and in some other parts of Argentina ductions in gasoline prices. Dept. of Agriculture)—Hogs 44,000; where drought has been persistent, The old Du Pont stock touched 600 opened 10 at-15¢ higher; later trade, Grop voday. ‘The ‘Busnes’ Alres ais: inlaltrading on the big bora, the [Sco /uaher largely an 9.16 at 7 ol a . = he Hf trict being the largest Argentine new stock first sold at 155% and rose Sey ERE ea Ta eat ene: top, 9.30 paid for 1,380-260 lb. Bu- thers, medium to choice, 260-800 Ib., 9,00 at 9.80; 200-250 Ib., 9.00 at 9.30; 160-200 Ib., 9.00 at 9.30; 130-160 Ib., 8.35 at 9.25. Packing sows, 8.25 at 8.75. Pigs, medium to choice, 90-180 Ib., 7.00 at 8.60. Cattle—7,500; Calves, 2,000; mark- et slow; steady to weak trade on most killing classes she stock in fairly liberal supply steers scarce but part of run back; best weighty liberal suppy steers scarce but part of run back; best weighty steers early, 14.50; choice shippers, dealers, 17.00 at 17.60; light kinds, 14.50 at 15.50; a few at 16.00. Slaughter classes, steers, good and choice, 1300-1500 Ib., 12.75 at 15.25; 1100- 1300 Ib. 12.75 at 15.75; 950-1100 Ib., 12.75 at 16.00; common and medium, 850 Ib. up, 9.50 at 12.75. Fed yearl- ings, good and choice, 750-850 Ibs., 12.75 at 16.25. Heifers, good and choice, 850 Ibs, down, 11.25 at 13.25; ;common and medium, 8.50 at 11.25. Cows, good and choice, 8.00 at 11.00; common and medium, 6.75 at 8.00; low cutter and cutter, 5.75 at 6.75. Bulls, good and choice (beef), 9.50 Producer of corn. Selling of corn was general, and the market lacked support until the price of May de- livery tumbled to wel below $1.00 a bushel, notwithstanding that dis- patches were received saying the Ar- gentine rains : me too late in some districts. developed considerable A number of soft spots cropped out, 48 many traders were unwilling to follow the upswing under the present Credit conditions. Otis Elevator and Case Threshing each lost about 10 Points, Pillsbury flour preferred 7, Warner Brothers pictures and St. Joseph lead 2 and 3 points. Wright ad dropped 5 points, but rebounded The profit-taking in U. S. Steel appeared to have been absorbed and it again leaped forward, touching a new high for ali time af 190, up 7 Points. Some of the utilities forged ahead peoples gas jumping 17 points to a record price at 240. Johns Man- ville, which sold under 100 last year, moved up more than 12 points to a new peak at 216. Motor products jumped nearly 10 points in response to reports that current earnings are running at an unusually high rate. Renewed buying of the motors was an outstanding feature of the session, General Motors rising 4 points, while Mack Trucks and Nash gained about Seach. Anaconda and Chile mounted more than 3 points each in the early trading but reacted in the traditional “selling on the good news.” American Smelting, Greene Cananea, Kcnne- cott, Nevada, International Nickel and Calumet and Arizona mounted from 3 to over 4 points. Radio, Adams Ex- Press and A. M. Byers moved up over 4 points each. MINNEAPOLIS CASH CLOSE Minneapolis, Jan. .22.—(#)—Wheat receipts today 214 compared to 182 a year ago. Minneapolis cash wheat and coarse grain closing quotations today follow: Cash Wheat— Delivered Arrive 14% Protein— 1.3846 @1,42% 1.36%4.@1.38% 1.36% @1.40% 1.28% @1.32% 1.27% @1.31% 1.25% @1.30% 1.21% @123% 1.214@1.23% 1.19% @1.22% 1.20% @1.21% 1.20% @- 1.18% @1.20% + 120%@1.21% 1.204%@ Wheat strength at times today after tran- sient setbacks resuting from corn weakness {nd fro-- failure of Liver- pool wheat quotations to reflect yes- terday's’ wheat advances here. On the upturns, July wheat mounted to a new high-price r.cord for the sea- son, Some buying here of wheat to- | N “day was credited to Winnipeg and European sources, and there was also purchasing based. on numerous mes- ec.ges telling of freesing weather and of sleet in various sections of the nited States winter wheat belt ‘hreatening serious damage, with scme reports that a sheet of ice 18! Radio covering the fields, Corn prices averaged lower owing to heavy profit-taking sales, and al- though there was a strong rally in sympathy with wheat, the upturns met with selling. Oats were active and prices higher with shorts good buye~s on way up. Provisions rose as a result of ad- vances of hog values and of grains. 9.75. Vealers (milk fed) good and choice, 14.50 at 17.50; medium, 13.00 at 14.50; cull and common, 8.00 at 18.00. Stocker and feeder steers, good and choice (all weights), 107.5 at 12.00; common and medium, 8.50 at 10.75. Sheep — 13,000; market opening steady bulk fat lambs, 16.50 at 17.00; early top, 17.25; sheep and feeding lambs, steady; choice feeding la: 15.50 at 15,75." Lambs, good”’ai choice, 92 Ibs. down, 16.25 at 17.35; medium, 14.50 at 16.25; cull and com- mon, 10.50 at 14.50. Ewes, medium to choice, 150 Ibs. down, 8.00 at 10.75; cull and common, 3.75 at 8.50. eet hac good and choice, 14.40 at 15.85. CHICAGO POULTRY Chicago, Jan. 22—(}—Poultry alive, steady; receipts 2 cars; fowls 28; springs 29; roosters 20; turkeys 25; ducks 24 to 29; geese 20. WHAT ADVANCES FAST AFTER START DOWNWARD » Minneapolis, Jan. 22 —(AP)— Wheat had a fast advance today aft- er a false wtart downward. Ner- vousness over damage to winter wheat it the predicted cold wave ma- terializes sent the market up 2c be- fore profit-taking was encountered. Corn futures broke 2c early in the session, Public Cables reporting heavy rains in the important prov- we ince of Buenos Aires where drouth damage had been reported. Later cables said rains were insufficient and too late in some sections. Oats were draggy at the start but turned higher with wheat, the corn rally al- so a help. Prices around mid-ses- sion were up 1-2c from yesterday. Barley futures were quiet and firm. May rye was dull early but de- veloped marked strength. An ad- ¥ance of 1 1-2 cent was recorded. May flaxseed was firm but failed to show much response to strength in grains. ‘May Cash wheat offerings were fairly targe and buyers were slow to follow strength in futures. The general premium was 1 at 2 cents eas- ier comp: with May. Winter size sdag inp Bae CHICAGO GRAIN TABLE |, Chicago, Jan. 22.—(7)— Open High Low Close Wheat— + 1.22% 1.25% 1.21% 1.25% 1.25% 1.285% 1.25% 1.28% 1.275% 1.30% 1.27 - 1.30% 28% 26% 98% 1.01% 99% 1.01% 1 1.08% 1.01% 1.03 63% 52% 53%)? 53% 52% 53% MINNEAPOLIS FLOUR Minneapolis, Minn., Jan. 22—(7)— Flour unchanged. Shipments 37,884 barrels, Bran 30.50 to 31.50. LBERTY BONDS CLOSE New York, Jan. 22.—(P)—Liberty bonds close: Liberty 3 1-2's 99.10; First 4 1-4's 100.3; Fourth 4 1-4's 100.4; Treas. 4 1-4’s 110.13; Treas. #'s 105. in the bureau of criminal investiga-| auditing board before bills are paid. The honor system now is based on Wheat was quiet and easy. Debit tescas LSHGMI4) WINNIPEG CASH GRAIN | |tion and identification s nee 2, declaration by the student that he urum was and steady, mill- Winnipeg, Man., Jan. 22-—(7)}— ‘ive other articles of impeach- ther ing quality in fir demand, at yet re May meat, closed at 1.29 1-4; No. 1/ment voted by the house investigat- 200 North Dakotans ceived aid on ‘examinations and cer- --. Corn offerings were moderate and 100°" 1.07% 1.08% 1.81% @1.33% | northern closed 4 under May; No. 2|ing committee await action of the to See New Briquet tain written work. demand was fair early Buolh turned 1.3140 northern 8 1-4 under; No. 3 north-|main body, while the committee it- That pert of the pledge in which quiet and bids were mostly 1-2 cent 1172 1182 11.70 11.80 ern 12 3-4 under; No. 4 northern, jself mesa tasty is not through with Plant at Work the student said he had not seen . lower for No. 4 and below. Sie ae 1.22% @ 1.2314 | 17 3-4 under. its probe of the governor's office. others giving or receiving aid was Ots were in iiso me rt «. 122%@ 5 Integrity Not Attacked (Contin aarpeae uae one) struck out by 1,109. votes of the 1,404 wihye offe 1.20% @1.22% Prnralcte wer ea ip ee, mae esc ful. stiompt to|Rorthwest. The resemblance of the dkerium of tw ate agrinitedl ca. toa és y . . 22.. mi al ccesst - sis was ly. Demand was ‘fair a ia sia manee x +. 11940 for milling quality. Dak. Wheat—No. 1 dark northern, 1.22 % to 1.37%; sample grade dark north- ern 96 to 1.02; No. 1 hard 1.21 to 1.44%; No. 2 mixed 1.06 to 1.13%; No. 2 hard winter, 1.24%; No. 2 durum 1.14; No, 2 mee ot hai 1.15, lo. 1) 91%; mixed, 84%. Oate: No. 3 white, 49, Rye_No, 3, 104% to, 1.0. y—No. 2, 66%; grade 67 to 70%. i aaiuad Flax—No. 1, 247% to 2.69%. 1.20% @1.22% «+ 119%@1.21% 1.20's@1.22% 1.19% @121% 1.26% @1.33% 1.25% @131% 1.24% @1.32% 1.23% @1.28% 1.21% @1.28% No. 4 i Ee 5 an 3 : E é | + 110% 4.33% 119% 1.22% AOL TA 1.21% 1.26% Hl is 8 SE i 7.00 to 8.00; plain heifers 6.00 to 7.00; + 106 1.06% 1.06 1.06% CHICAGO CASH SALES | ¢ Fed come a 20 960: peanem coe | 10k 108% 108 105% Loiweroen [a hand fone Whe Ns plain cows 6.00 to 6.60; cutters 5.00 to * 40% 50% 40% 50 1.00% @1.03% | Corn—No. 4 mived 93% to 93%; No. 5.45; good. bulls 8.00 to 880; medium cs AI li 1.00% @1.08% | 3 yellow 96%; No. 3 white 98 to 93%; bulls 7.60 to £00; common, bulls 6.50 | 2484 246 245% 2.45% Lashataael Gets ne 1 eiksea food! a: Na: to 7.50 calves, top veal 13.80 40 1450; * 365 y ; ; No. medium veal’ 11.00 to 12.60: alt veal 1 ROM 2G 240% 245% 1.03% @ : 8 i i § 'WSB KO, KBD KBTP Woo Wow ‘A RPRI WoAt WHAS Wes WaB KOA KPO KGO KPI KGW KOMO Ki K8sL ws 4 OF 3 “Alda"=KYW WJZ K t) SWE fir gees CAMA —ETW wis koe, win we WGHP WMAQ WOWO KMOX KOIL W: at 11.50; cuter to medium, 7.75 at|t five charges. diversion of funds to the board, two allege illegal diversion of funds to the banking department, land the fifth charges the governor with unlawful employment of J. W. Eldridge as an “under cover” man spare the he conten tegrity of the governor had not been attacked, and that no harm would re- sult from leaving him in office. substitute motion calling for accept- ance of the charges was accepted, however, by a vote of 38 to 5. By a similar vote the body notified the governor of his suspension. cutive secretary, said last night that at least 25 prominent Oklahoma at- torneys have volunteered to defend ‘the governor before the senate court of impeachment without compensa- money are being donated for the de- |, SIX ROAD MEASURES Feature Artist—WEAF woc row WDAF ic Airs—WEAF MY WDAF W! GY WTAM AM ited—=—WOR WA! al wo DC WERC OKLAHOMA SENATE FORGES GOVERNOR Power as Johnston’s Plea Hearing Date Is Set FUNDS DIVERSION CHARGED 25 Prominent Attorneys Volun- teer to Defend Governor Before Setiate Court Oklahoma City, Okla., Jan. 22— (AP)—With Henry S. Johnston sus- pended as governor of Oklahoma pending outcome of impeachment proceedings now before the state senate as a court of impeachment, the twelfth legislature today pre- pared to resume its program of in- quiry—this time on a double track schedule. Members of the house of represen- tatives’ investigating committee, who resumed their inquiry into state de- partments following the establish- ment of W. J. Holloway, Lieutenant governor, as the acting governor late yesterday, had outlined a necran plan of inquiry, which eventually is c-~ected to lead tv practically every state department. Senators, aroused by rumors and newspaper reports of corruption in connection with the vote of some members for adjournment of an at- tempted impeachment session of the legislature last winter, were deter- mined, through special committee, to seek the foundation for these rumors mad open inquiry scheduled to start Ys Senate Deposes Governor Trampling underfoot what little cpposition arose, the senate, in less than half an hour after it received the five articles of impeachment, voted by the house last week, de- posed Governor Johnston yesterday, elevated Lieut. Governor Holloway to power, set the date for the gov- ernor’s appearance for the filing of a plea for January 28, and adjourned as an impeachment court. The governor’s suspension became automatic with the senate’s accept- ance of the charges, and Holloway .: CLASSIFIED - MARKETS — FINANCIAL NE JOANSTON TO QUT Sse srs Lt. Gov. Holloway Elevated to|*dx W per werd CLASSIFIED DISPLAY RATES ety 90 Cente Per Erich New and styles 3 All classified ads are cash te ad- Copy 2 E THE BISMARCK TRIBUNE PHONE 32 \and + cost free in city. post 12908-W, house No, 514 Seventh atreet. ‘To do siterat and re- On tadies winter Goats and Also reining, 1072 Fifth ‘Taller Ghop, Mra. J. seeping. 323 Second Phone 360-M before 10 or after 5 o'clock. Z FOR RENT—Desirable sleeping room in modern home. Nicely furnished suitable for one or two people. 1013. _Fifth street. eee ATTRACTIVELY furnished light housekeeping room in modern home, close in. Phone 271-M. ROOM—Large front room, close in, iwo windows. 510 Fifth. Phone 999-W. SS _ FURNITURE FOR SALE WANTED—Used Velour or Mohair bed davenport set, in good condi- tion. Write Tribune, care of Ad. No. 83, ee 5 FOR SALE—Two complete bedroom sets, also living room set. All near- ly new. Phone 613-M after booth in’ good condition. Phone 1178 FOR RENT—Five room furnished house at 610 Twelfth street. Phone 1086, Call after 4:00 room modern house, best Jocation. Call 1480-R. FOR RENT—Duplex at 114” Broad- way. H. J. We FOR RENT—Furnished two room. and bath apt., city heated, short term if desired. B Call 707-W after 6:30 m. 314% Main, FOR RENT—Two room furnished apt. for light ule lege Bldg. Gall 18. FOR RENT—Furnished or unfur- nished apartment at. Varney Apts. Phone 773. MADAM LATTIMORELLE—Palmist and Phrenologist. Here 811 Thayer. Phone 1230. Helps you find lost articles. See her today. 1 tell your future by looking in your hand. LS _Losr LOST—Black hand BARGAINS in used furniture. Ken- helly Furniture Co., Mandan, N. BOARDERS WANTED WANTED—Boarders, good home cooked meals. 523 Sixth. Phone 213-M. p between If found Frank of Bismarck Hide é& Fur Co. Plano. Preferably 1 Phone 563-R after 5:00 p. m. Victim of Zero Walk in Night Is Buried tary of the state highway depart- ment, points out. The law provides that interstate bridges and bridges over navigable stregms be built by the county or local municipality and that the state contribute only one- third of the cost. Instead of follow- ing the strict letter of the law, the department since 1919 has selected the site, asked bids and awarded con- tracts, assuming the power and du- ties vested in the county or munici- pality, Ermatinger says. Much the same principle holds true in right of way acquisition by the de- partment, he asserts. Forms of the commission provide that the county shall furnish the right of way at their own expense while the commis- sion pays the engineering expense. that provides that all pool hal ind bowling alleys to secure permits from the local town board as well as from the state. offered a which provides for the raising of the appropriation for |stroll at Ryder, a ago, county agricultural training schools |was buried, today, in Fairview ceme- from $6,000 to $7,500. d by |v He was Hilarius Young and he Three measures were presented by was 81 years of age. Simple services Penrecentative Pfennig, | Morton | vere held at the grave, none of his The first would amend the pres- |80S being present. ent zoning law for cities: providi ic {ons Gothen av Ocaeadeentnne the right for any city no matter fee - pa —one in Canada what the size the legal right to Montana. create zoning la The present law gives cities over 6,000 population the New Teacher at High notified him immediately that he was, torial office. The suspended chief executive, the third executive of the state in the last eight years to face impeachment roceedings, declared he did not be- lieve the suspension was legal, but said he would not resist it. Declares Court Illegal Johnston’s claims to illegality in the suspension order were based on his contention that the senate had not constituted itself as a court of impeachment when it voted on the Two of the charges allege illegal issues ge venoe. suspension when led that the personal in- A H. E. Sullivan, the governor's exe- ion. He said considerabl sums of 21% 11% 20% 11% Bar] to 71. I ee ee ce ha aa | Bellew corn. wie web 0-40 1h ss lank Lot 0 he 4 yellow corn. Clover seed—23.00 to 31.00. pa ir LEGISLATIVE HOPPER } 130 Ibs and down to 3 5 yellow corn ‘ i ewes 150 Ibs and up 6.00 to’7.00; 6 yellow corn 82 : i 2.00 to 5.00; 4.00 to} 2 mixed corn “87 @ 88 LY ; May .,.... 1.08% 110% 108% 1.10% |" 15 “arrive nO Ghibkon eancuan< . 820 to a 190. uly 2.556. 110 118% 110 LD ag, salad corn ac % 86 | Chicago, Jan. 22.—()—Butter high- | Five Bills Will Validate Highway. ‘850 to has; 280 May ...i-- 105% 01% 100% Lovie Fie Ss a: cr Recoipta 12730 tube; creamery—| Commission Acte, One to stags 7.25 Ma : ae Pais he. ne’ Clear Red Tape 3 white ate MBKO 49% antans OF 4)" To arrive 48% ees 4 whiteo ane an Barley, ‘ . . Round whites 4 lt I if assuming the duties of the guberna-| jg plant to a machine of gigantic pro- portion is further borne out by the complete housing of al parts and the onlooker will view the massive construction of these interi- ors of steel, concrete, brick and glass. ured in Germany, by the manufact- urers who have rrovided the equip- ene for the plants now operating man metric h this machinery was built, in order to! make proper tie-up with the inch and al Me oy aS country was done Ee Paul, peed by au! Loven, fuel expert Sat onpiiee. for the. compen » who has visited Ger- fer and stud: Pfennig’s second bill would permit any city to complete payment on ewer bonds before the expi of the present 20-year time lim Pfennig’s third measure would permit the clerk of county or district court the right to administer oaths, Representative Jardine, Cass county, introduced a bill which would shorten the time required in the payment of bills from three days to three weeks in the highway depart- ment. It would do away with the necessity of the vouchers passing through a series of hands and await- ing a meeting of the auditing board before bills are paid. Senator Sathre today introduced a bill providing for the appointment of planning commissions for villages, towns, cities, counties or townships. Such commissions This, he maintains, is contrary to the we Highway bills coming before the house this week are chiefly curative acts to legalize the proceedings of the commission and to make the laws in accord with what is essential in prac- tice. One measure to be introduced by Representative Lynch would con- fer on the highway commission au- thority to prohibit use of certain Parts of roads at the time of the spring breakup and to impose a pen- alty in case of violation. The measure to be introduced by Representative Jardine for elimina- tion of red tape would shorten the time required in payment of bills from three days to three weeks, the highway department states. It would do away with the necessity of the vouchers passing through a series of hands and awaiting a meeting of the right only. Mrs. R. W. Henderson Benator Fowler also offered s bill | to y entire capacit st type of valiwan aaeoaant: l-ty, work of converting the Ger-; measurement to which and. public ity bonds, and re- writes and clarifies the present law. working All of the machinery and control equipment of the carbonization plant, the pri: view tl the the briq ary tar disintegration plant, Beene aaa cinan tae, de- tar distillation plant and uetting plant was manufact- ughout central and southern Eu- » of Mr. K. A. has received a letter from elect Hoover thanking “her for a letter of congratulation on his election. Pittaburgh.—()—Haszel Malter, 11, » 11, pose of observit President the construction ani