The Bismarck Tribune Newspaper, March 4, 1929, Page 9

Ra V | BEAR REPORTS SEND WHEAT PRICES DOWN Stocks of Grain on United State Farms Today Great- er Than a Year Ago ‘ Chicago, March 4.—(#)—President Hoover's announcement of plans for values dropped ‘Wheat closed nervous, 1i%c to 1%c [New York Stocks | 2:45 P.M. Prices All. Chem. and Dye... Am. Can. net lower, (March 123%, May 1.23%, | Gnile July 1.31% to %, Sept 133% to %). Corn 7c to 1?c down (March 95%, May 99% to %, July 1.02% to % to 4, Bept, 1.04. Oats varying from 1%c decline to Sec advance, (March 47%, May .50%, July ..49%, Sept. 475%). And provisions finishing back to a rise of 2c. The wheat market here showed an inclination to advance. Buying at this ‘was based more or less on the fact that Liverpool wheat quota- \tions were higher than expected. While traders were awaiting Presi- dent Hoover's inaugural address, though, selling was to a considerable extent kept in check. Private estimates today on rural holdings of corn were construed in some quarters as showing that al- though the corn crop was larger than for the previous year. The average of today’s estimates, nevertheless, was 1,057,000,000 bu. against 1,012,000,000 bu. at this time last year, and com- pared also with 1,004,000,000 bu. dur- ing the latest five year period. Corn fluctuated rapidly but buying against bids counted as a factor in checking declines. Oats were unset- tled with other grain: Farm reserves of oats average 500,000,000 bushels against 373,000,000 bushels last year. Provisions were somewhat firmer responsive to upturns in the value of hogs. BEARISH ESTIMATES BRING WHEAT DROP Minneapolis, March 4.—(4)—Bear- 2 ish private estimates of farm reserves, an unexpected increase in the visible supply, and favorable weather in the winter wheat belt gave wheat a sharp break today after a firm start; on better cables. Stop loss selling {* developed and prices dropped 1%c below Saturdar’s close. A brisk rally on Hoover’s state- ment he would call a special session of congress to deal with farm relief failed to hold, the market again: dip- ping and closing near low levels for the day. Other grains finished lower. Oats sold lower on private reports. Barley wes slow and draggy within a narrow range. Rye futures were dull and easy. May Flaxseed ‘y started firm and turned easy with easy. Corn offerings were fairly large and demand was. quiet except for choice yellow. Oats were in quiet to fair demand and steady. Rye was steady and quiet. Barley offerings were moder- ate and demand was gooc for malting at 60 to 72, Flaxseed offerings. were fair and demand quiet. SOUTH ST. PAUL LIVESTOCK South St. Paul, March 4—(7)—(U. ...& D. A)—Cattle—3,00; steers and yearlings uneven, prospects about steady; top $12.50 for 860-pound yearlings; bulk salable around $10.00 . to 11.50; desirable heifers in broad de- f mand; fat cows slow, $7.25 to 8.25; heifers $8.50 to 9.75; light weights $10.50; cutters $5.50 to 6.75; bulls $8.50|May down; stockers and feeders strong to 25 cents higher; thin offerings $9.00/Sept. to 10.00 mostly. Calves—1,700; vealers steady to 25 cents lower; $13.50 to 14.00. Hogs—20,000; opening slow 10 to 15 cents lower than Saturday’s average; light and butchers $10.60 to 10.75; top $10.75 paid. for sorted lights; most pigs and light lights early $10.00, steady; bidding $9.75 for bulk of packs ing sows; average cost Saturday $10.68; weight 227. eep—4,500; few sales fat lambs iy; fat natives $15.50 to 16,00; best held above $16.00. : CHICAGO LIVESTOCK 11.25; 200-250 Ibs $10.90 to 11.30; 160- 200 Ibs $10.65 to 11.35; 120-160 Ibs $9.90 king sows $9.85 to 10.50. medium to choice 90-130 lbs. ae 5g! gsseee Peet ; ee 2 2 sie ply Eeayeel r ° (BRISK SALES HALTED Hoover Inaugural Message Pub- lication Causes Market Prices to Turn Upward New York, March 4.—(7)—Alternate Periods of heaviness and strength characterized "s stock market, with the general list reacting sharply on heavy selling for both accounts in the last hour of trading. American Express others closed 1 to 5 points lower. Call money renewed unchanged at 8 per cent, but the supply of funds was fairly plentiful. Revolutionary outbreaks in Mexico iS% | were a source of deep concern in Fears at 5c set- | Pr Texas Corp. Tex. Gulf Sulphur Tob. Products .. Twin City Rapid Transit Union Pac. 4 | While Johns M many speculative quarters. : were expressed that the news might be utilised by “bear” traders as an excuse for a general assault on the market. Minjng shares changed hands in large volumes at advancing prices with some new leaders brought for- ward in the low priced group. Kenne- | cott (new) moved up 3 points to a new high at 94%. Heavy buying of Chrysler which quickly advanced 4 points, featured the early afternoon trading. In the Morning wave of selling, General Electric dropped 4% points, Mont- gomery-Ward 4 and Packard motors, Bethelhem steel, and Wright aero- nautical 3 each. ; Active selling was encountered again in the late afternoon, driving U. S. Steel, American Can, Bethle- hem Steel and other favorites to the lowest figure of the day. Radio (old) slid down further to 391 1-2, com- pared to its earlier price of 406, ile lost 5, and Al- ; |lied Chemical 9 points. The closing March .... 1.25% 1.25% 1.23% 1.23% + 130° 1:30% 1.28% 1.28% 135% 138% 1.38%, 1.33% Lis. 96% 96% 95% 95% 2 1.00% 101 99% 99% + 108% 1.03% 1.02% 1.02% + 1.05%1.05% 1.03% 1.04 49 AT ATK 52° 50% 50% 50% 49 49% ATH 46% AT March .... 1.11% 111% 1.09%: 1.09% 3 1.13% 1.13% 1.11% 1.11% 1.11% 1.11% 1.10% 111 11.97 11.95 11.97 12.32 12.82. 12.32 se 1267 duly . March May duly Sept. Rye— h nana ; 1480 1680 i Wheat— / ooveecd 1.24% 1.24% 1.22% 1.22% 101% 107% 107% - MB MO ATK! ATH 41% AT AT% ATH ene 2.51% 2.61% 260% 2.50% 251% 251% 2.50% 2.50% L was heavy. Sales approximated 4,- 500,000 MINNEAPOLIS CASH CLOSE Minneapolis, March 4.—(4#)—Wheat receipts today 40 compared to 383 a year-ago. Minneapolis cash wheat 4 |@nd coarse grain closing -quotations today follow: Cash Wheat— 14% Protein— 1 dark northern To arrive .. 2 dark northern 13% Protein— 1 dark notrhern Delivered Arrive @143 @140 @141 ee @1.33 @131 @131 12% Protein— 1 dark notrhern @1.24 @1.24 @1.22 @1.23 @ @1.22 BE BSE SBR ee ee &® 8 8 BB OBB @1.23 @ = ck fc = 8 Pied 1DH Wor 1HW. To arrive .. Grade of— 1DHW or 1HW. To arrive .... a9 99 99 89 8 BE BE BE EB fered @1.23 @1.22 @1.23 @1.22 1.24% @1.31% 1.23% @1.29% 1.22% @1.30% 1.21% @1.26% 1.19% @1.24% 119% @1.22% 1.01% @L04% 1.00% @1.08% 99% @1.02% 98% @1.01% 1.03% @1.0% 01K@ I%O 92% : a i ie 5 HSE sueaqaqaqageaey é 1.07% | Barley, 1.06 ve No. 1 flaxseed rye To agri Ba} vine Be KMTR 8: ive! aed Howry i caatt Ke koa rei Ree Gove ute Raa 14.00; cull lambs $11.00 to 12.00; ewes $13.00 to 14.00; cull lambs 611. to 12.00; light ewes 130 lbs $7.0 to 8.00; hea’ up $5.00 to $6. ; cull §.00; bucks $4.00 to 5.00, 225 Ibs $10.25 to 10.40; $10.25 to 10.40; 250 to to 10.40; 300 to 350 Ibs $10.: He gai $9.25 to 9.50; CHICAGO POTATOES Chicago, March 4.—(%)—(US.D.A.) —Potatoes: Receipts 181 cars, hed dull, sacked Round Whites 75 cents to 1.00, mostly around 8; Minnesota and North Dakota sacked Round Whites 80 to 85; sacked Red River Ohios 1.40 to 1.10; Idaho sacked Russets mostly 1.50 te 1.60, fancy shade higher; ordj- nary stock 1.40 to 1.45. CHICAGO CASH SALES Chicago, March 4.—(?)—Wheat No. 3 red 132%; sample grade red 1.00; No. 2 hard 1.2614 to 1.27; No. 2 north- ern spring 1.22's. Corn, No. 3 mixer 95 to %; No. 3 yellow 9412 to 98%; sample grade 78 to 8613. Oats No. 3 white 48% to 50%; sam- ple grade 46. Rye no-sales; barley 60 to 73; timothy seed 5.15 to 5.75. Olover seed 22.75 to 30.75. CHICAGO PRODUCE Chicago, March 4.—(?)—Butter un- changed; receipts 10,436 tubs; cream- .ery extras 49'.c; standards 49c; ex- tra first 48 to 48%; firsts 46 to 47; seconds 44 to 45c: Eggs lower; receipts 14,025 cases; extra firsts 34 to 35c; firsts $33e; or- dinary firsts 30 to 32c. Cheese steady. the | appoint a CALL MONEY RATES New York, March 4.—(AP)—Call money steady; all loans 8. Time loans: Firmer, mixed collateral 60-90 days 7%; 4-6 months ‘7%; prime mer- cantilé paper 5%. : LIBERTY BONDS CLOSE New York, March 4—(4)—Liberty sacked cwt., round ‘and partly graded, very few sacks 65 to 70c, mostly 70 cents. MINNEAPOLIS FLOUR KEX FEATURES ON THE AIR Tuseday, Mar. 5 (Central Stenderé Time) EPP aie vad a eer euedantaaes wet dae. WGY WTAM W’ 8 WSM WMC Ey 13 wk PRINT PAPER RATES ARE INT. GG, GRILL Examiner Harraman Here to Get Light on Allegations Charges Are Too High -A hearing on the newsprint paper freight rates for this territory was in progress before Examiner Harra- man, of the Interstate Commerce commission, in the federal court room over the postoffice, today. On behalf of the newspapers were | FOR heard H. G. Hanson, of the James- town Sun; A. O. Johnson, of _T! Tribune; E. J. Conrad, of the Capi- tol; and E. M, Hendricks, traffic ex- Laat of the State Railroad commis- Exhibits were entered to show the higher level of rates applying on the Great Northern, the Northern Pacific and the Soo Line in Minnesota and North. Dakota, : J. G. Morrison, of St. Paul, general freight agent of the Northern Pa- cific, appeared on behalf of the Northern Pacific, this sfternoon, as the hearing neared its close. _—— Jamestown Tourney Drawings Are Made tugs for "the fourth ‘district high stiool basket best: teutaemmene Wriaee First game 2:30 Friday, Carrington vs. Oakes; second, La Moure vs. Marion. First, Friday evening, Courte- nay vs. Ellendale; second, Medina vs. Jamestown; semi finals Saturday 10 and 11 a. m,, final and consolation Saturday evening. All games will be Played at Jamestown college gym. Hoover Stresses Law Enforcement — Peace (Continued from page one) of justice as a beginning of more effective organization.” Reiterating his determ commi tion, the chief that its inquiry searching invest executive disclo: UELP WANTED MALE ‘WANT—Renter for any part section 33 near Glencoe. Buildings, hay- WANTED—Young man to work by the month. Francis Jaszkowiak, 419 Twelfth street. : FEMALE UKLP WANTED GIRL WANTED—To assist with gen- eral housework. No washing or cooking. 802 Ave. B. ‘Write to Logan Cafe at once, Napoleon, No. Dak ROOMS FOR ‘NT FOR RENT—Room suitable tor two girls in home of young married couple. Also garage for rent. Phone | FOR 203. Four blocks west of _postof- fice. FOR RENT—Two large front sleep- ing rooms, newly furnished. Close in, Also furniture for sale. Phone 1066 after 4:00 p. m. GOOD SIZED, well furnished front toom with kitchenette and closet for light housekeeping. 411 Fifth c f ished Toom, kitchenette and closets for light housekeeping. Close in. 322 Ninth street. FOR RENT—Furnist eping room in modern home. Call at 419 Seventh street or phone O7T-W. FOR RENT—Furnished min modern home. Close in. Call at 403 Third street. FOR RENT: rooms in modern home. Front street FOR RENT—Nicely furnished room, suitable for two, private entrance. Phone 921 HOU FLAT! FOR” SALE—Strictiy modern six room house with bath, built-in fea- tures, full basement and garage. Good location. If sold for cash will sacrifice, otherwise part payment and terms. Write Tribune, care of Ad. No. 24. FOR GALE—Four room partly mod- ern home, 2 years old, property ar- ranged for raising chickens. Thoroughbred chickens for sale. Also Lloyd baby buggy. Phone 588-M or call at 715 Twenty-first street. FOR RENT—New upper duplex, two bedrooms. Good location. Vacant March 13th. Phone 982 or call at 211 W. Rosser after 5:30 p. m. FOR RENT—Modern eléven room house, immediate possession. Phone 480 or call at. 806 First street. WORK WANTED WANTED—Employment. Handy with tractor and all kinds of machinery | but can do most any kind of work. Can furnish reference. Write Trib- une, care of Ad. No. 25. ht housekeeping Call at 419 Of | ment of the eighteenth amendment and the causes of abuse under jt. Wants U. 8. in World Court Solemnly asserting that the United States not only desires peace with the world, but to see peace maintain- ed throughout the world, the presi- dent expressed the hope for ultimate American adherence to the world court and declared that the accept- ance of the recent treaty for the re- nunciation of war “should pave the ay to greater limitation of arma- ment, the offer of which we sincere- ly extend to the world.” Expressing his belief that no more Sa instrumentality for the pacif- settlement of controversies be- tween nations than the world court has ever been conceived, Mr. Hoover 1 |declared “no other is practicable of establishment. “The reserv: adherence shot not be mis ,” he continued. “The United States seeks by these reservatior lots Ino special privilege or advanta; FOREIGN EXCHANGE New York, 4—(%)—Foreign exchanges easy; demand: Great Britain 484 27/32; Italy demand 523 4; Germany 23.69%; Norway 26.65% ; ‘Montreal 99.50. 30; ducks 24 to $0 geese 21, STANDARD OIL CLOSE New York, March .¢. 'Larimore Bank Closes With $158,000 Deposit | srewth of, their Larimore, N. D., March 2—(AP) —The: National Bank of Larimore closed today. Slow fel pea acents were “a icials as the reasons. Deposits ag- gregate $158,000. 0. A. Hesen, form- e®. president of the institution and are A. P. Lord, and frosen rere given by of- Ph! but only to clarify our relation to advisory opinions and other matters which Fi precy oe to the major pu of the court. way should, and I believe will, be found by which we may take Proper place in'a movement 80 fundamental to the progress of peace.’ Desires Greater Latin-Americs There was just a single line ref; ence to national defense in the e1 tire address, wi 4,000 words in length. It was ace can be con- tributed to by respect for our abil- py Fm good will verting to his recent wi tour of Latin-America, the Presi- dent said each of the republics to the south: was: building “a racial char- acter and a culture which is an im- pressive contribution to human prog- “We wish only for the mainten- of: their i the ry ity and their Ap aY, to d itic affairs, the chief executive eald further agri: relief and “limited changes postponed, jing Fequéest as special for the would Governnidut cooperation in eti- its in business t- sHayt SR cece LOS8T--Lady’s brown leather hand- bag between corners of Ave. B and Hannafin Ave. to Second. Con- tained two $20.00 bills and a P. O. money order for $20. Finder re-"| turn to Tribune or phone 1497. Re- WA! WANTED NT. modern house. Very close in. Call 233 day- time, and 862-R after six o'clock. A fine home. Write Tribune, care of Ad. No. 26. ernment; the expansion of public works; and the promotion of welfare activities affecting education and the home.” Asserting that the questions be- fore the country were problems of pronreee to higher standards, Mr. loover said they demanded thought and they served to “quicken the con- science and enlist our sense of re- sponsibility for their settlement.” “And that responsibility rests. up- on you, my countrymen, as much ag upon those of us who have been se- leeted for office,” he added, “Ours is a land rich in resources, stimulating in its glorious beauty, filled with millions of happy homes, blessed with comfort an opparamity, In no nation are the institutions of prog- réss more advanced. In no nation aye the fruits of accomplish- ment more secure. In no nation the government more worthy of re- pect. No country is more loved b: its ple. I have an abiding fait! in their capacity, integrity and high purpose. I have no fears for the f ture of our country. It is bright with bre the presence of my country- men, mindful of the solemnity of this occasion, knowing what the task means and the responsibility which it involves, I beg your toler- ance, your aid and your cooperation. 'T ask the help of Almighty God in this service to my country to which you have called me.” Curtis Rebuts Dawes Onslaught 4 Years Ago (Continued from page one) fate is today one of the most distin- *|SEVEN. ROOM modern Classified Advertising Rates Effective Jan. 3, 1928. 90 Cents Per Inch All classified ads are cash tn ad- vance. Copy should be received by 9 o'clock to insure insertion came day. f THE S BISMARCK TRIBUNE PHONE 82 ern home. Newly decorated and nicely furnished. Convenient to school and capitol. Reasonably priced. Call at 818 Seventh street or _phone 300-W. FOR RENT—A small front apart- ment in Person Court. Present tenant desires to sell complete fur- nishings to renter. Phone 1213 or _ call at Apartment 7, Person Court. FOR RENT—Two room apartment furnished for light housekeeping. Also single room. College Bldg. Phone 183. FOR RENT—Purnished apartment. Everything furnished. Close to capitol. 930 Fourth street. FOR RENT—Apartment “the Woodmansee. H. J. Woodmansee. FOR RENT—Apartment. Inquire at Tribune office or phone 32. FARM LAND TRADE 33 acre farm Oregon 2 miles from town fof North Dakota land, prefer Burleigh or Kidder. Address particulars. E. Schudeiske, Young- town, N. Dak. FOR SALE—306 acre good improved farm 4 miles from Hebron, N. Dak. For particulars and price write Box 331, Hebron, N. Dak. ieee ROOM_AND BOARD SLEEPING ROOM and board in modern home. Call at 406 Sixth or phone 431. . Se ed FOR SALE SEVEN ROOM modern house on Fourth street, including at least 3 bed rooms, full basement, east front, 15 foot frontage, building space for another house, near schools, for 4,300, on terms. FIVE ROOM modern stucco house, 2 bed rooms, oak floors, full base- ment, fine condition, near schools, on Fifth street, garage, for $5000. i house, Eleventh street, 4 bed rooms, front boys bicycles Fitth cr phone 690-W. BARGA’ nelly Furniture Co. Manden, MW. D, _ SER ERR TNT RASTA RL LATED ETE miles. Must be sold at once. Phone — 672-M. FOR SALE—1928 Essex HEALTH IS er property. yours if you will consult Dr. T. M. MacLachlan (Harvard). He will put you on the road to HEALTH, He cures diseases by NATURAL METHODS, herbs, roots and bark, and Mucousless Diet System. He does not operate. He does not use metallic drugs, serums, \° ing, poisons nor dope of any kind. He CURES you to stay OURED. He has CURED hundreds and he can OURE you. Clinic, Lucas Bismarck. NO KNIFE. WE SAVE YOU Desks, Chairs, Files, Safes, Shows cases, Refrigerators, Cash Registers, Scales, etc. A THRIFT STORE FOR THE THRIFTY Here You Get Value and Quality es Cheap as They Can be Sold— JACOBSON FIXTURE EX INC. 219-21-23 So. Fifth St. Minneapolis, * Minn. BISON FLAX, new high-yielding vate. jety, large seeds, wilt and aggy oer 4 developed by Prof. Bolley. clover $6.00 cwt., fancy grade $7.60 cwt. Bags 40c extra. Best seed | corn $3.00 bu. Buy direct. Write. pr for free catalog. Northwest Seed Growers Ass'n, Fargo, N. D. i FOR SALE—Flat top desk, files: 4 cabinet, two eb carriage. ers, Burroughs nine bank duplex... adding machine, adi vi graphotype, plate cabinet, ete. ‘ 366-R evenings. 4 NATIONAL CASH REGISTERS New and second hand. Over 560 - styles and eizes. We bave one to fit your busines. W. EB Tepresentative. *Patterson and rear porches, full basement, ;._— east front, for $4200, on time. SIX ROOM modern bungalow on Eleventh street, 3 bed rooms, full basement, east front, hardwood floors, for $4000, on time. SIX ROOM modern stucco bungalow, new, 3 bed rooms, south front, on pavement, hardwood floors, desir- able, for $4100. SEVEN ROOM modern house, 3 bed rooms, sleeping porch, built-in fea- tures, close in, garage, for $5800, on’ terms. DESIRABLE 50 foot lot on Sixth street and other desirable lots. GEO. M, REGISTER. the senators during all these years have been pleasant. My memories of persons and events in this cham- ber constitute some of the most de- lightful in a long public life by no means devoid of warming memories. He Merely Construes Rules At this point I may with pro- priety, I think, be permitted to offer to the honorable gentleman who is retiring as presiding officer of this body, Mr. Dawes, an. expression of appreciation, admiration, and esteem. We will all agree that he has filled his arduous—and frequently onerous duties—with credit and distinction, not only to himself but to the senate and to the people of the United States. It would seem fitting also at this point to offer a word of welcome and greeting to our new senators. They will find their fellow senators, as Ij have found them, most human and kindly gentlemen, willing and anx- ious to help newcomers where they may. My service among you has im- pressed me with the responsibilities of every senator, and at the same time it has given me a clear understanding of the duties and obligations of the vice president. He is not one of the makers of the law, nor is he consulted about the rules adopted to govern your actions. His obligations to the people of the country, to whom he owes his high Position, and his duty to you senators call for a fair and impartial con- struetion of the rules which you, yourselves, have adopted and which you alone may change. His obliga- tio tive pedies in the world | + i ge | zeke ie fi ee a8 . N 3H i § Fe etgeed Us BeEE kale county seat town doing ness, For information write W. lly, Carson, No. Dak. FOR SALE—Single Kent radio, $38.00, at street or phone 726- in the world that they will stand fot years in the future as the mark of legislative endeavors and perhaps without the States. It gives me pleasure, sir, to receive the gavel from you and take over the duties of the vice presl- dent. Fargo Undertaker Is Dead from Apoplexy. . Fargo, March 3—(7)—John V. : Boulger, 48, of the Fargo - firm of Boulger, & anes died at