The Bismarck Tribune Newspaper, October 11, 1929, Page 9

AFTER DOWNTURNS, WHEAT PRICES CAN ON ARGENTINE NOTE Crop in Southern Hemisphere in Many Places Is Failure Due to Drought Moisture Reports From Canada and Northwest Cause Bears’ Optimism Chicago, bod 11.—()—Pre-holiday phen ma dd accounts constituted the bulk of business today in the wheat market here, and prices aver- aged higher. Export dealings in North American wheat showed more volume, totaling 600,000 bushels, in- cluding domestic hard winter wheat and durums. European importers were said to be displaying signs of in- creased interest in American wheat, which is now actively competing with Argentine wheat for October and November shipment. Wheat closed firm, ‘ic to bushel higher than yesterday's finish. (Dee, 1.35% to 12; March 1.42%; May 1.4615 to 4.) Corn closed unchanged to ic low- er, (Dec, 94% to 95; March 99% to 1.00; May 1.02% to %). Oats also unchanged to ‘ic off, and provisions unchanged to a setback of 15¢. Persistent unfavorable crop re- ports from Argentina, attracted much notice today among wheat traders here, and tended to bring about price rallies, In this connection, state: ments were current that Argenti: government figures do not take into account any acreage abandoned be- cause of crop damage. On the other 1 hand, numerous wheat traders bear- ishly inclined put a good deal of stress today on moisture reports from Canada and from domestic spring wheat territory. Considerable em- phasis was also given to unexpected large shipments from Argentina, 720,000 bushels this week against 077,000 bushels for the corresponding time last year. Some rain was shown over the corn belt, and this circumstance helped to bring about price rallies. Oats were casier. Provisions were under pressure. WEAKNESS IN WHEAT STIMULATES SELLING Minneapolis, Oct. 11.—()—Chicago showed best tone at the opening, rul. ing firm, but weakness in other mar- kets stimulated professional selling and a moderate dip followed. Locally there was a fair demand for choice cash wheat but the general market showed casy tone. trade and shipping inspection were light to fair. Cash wheat bids were off a cent. Heavy weight still wanted. Durum was in scanty supply and in good de- mand, . Winter wheat was nominally un- changed. Fair inquiry and offerings were very light. Corn demand was quiet and offerings were fair. demand was slow. Rye demand was just fair. Barley opened draggy in tone-and quite a few sales were made at 1 cent decline within the ranges quoted. Flax opened slow and steady and later declined 1 to 2 cents compared with futures. Offerings heavier. SOUTH ST. PAUL LIVESTOCK South St. Paul. Oct. 11—()—(U. 8. D. A.)—Cattle, 1,700; fully steady on classes; several cars in be- tween grade fed steers on offer; nothing done; ordinary grass steers 8.50 to 9.25; beef cows 6.50 to 7.50; heifers 7.25 to 8.75; cutters 5.50 to 5.75; low cutters down to 5.00; bulls unchanged; stockers and feeders dull. Calves—1,100; steady, largely 13.50; choice kinds 14.00. Hogs—9,000; opening slow, weak to 15 lower than Thursday; early sales end bids desirable 160 to 230 pound weights 9.50 to 9.60; carly top 9.60; other medium and heavy butchers scarce, considered salable largely 9.00 to 9.50; few bids on sows mostly 8.00 to 825; pigs 9.50; bulk light lights 9.25; average cost Thursdsy 9.27; weight 225. Sheen—8,500; salable supply light; bulk Lag wile 9 9.00; fleshy ewes to xill- ers largely. 4.09 to 5.00; run includes rbout 600 direct, and 6,400 going through. CHICAGO POTATOES Chicago, Oct. 11—()—(U. 8. D. A.) -Potatocs ipts 108 cars, on track Oats | Dee. MINNEAPOLIS CASH CLOSE Minneapolis, Oct. 11—()—Wheat Beogerlg today 265 compared to 622 a Minneapolis cash it and pl Gtalk. closing quotations today follow: Cash Wheat— Delivered Arrive 1.34% @1.37% 15% Protein— 1 dark northern 1.34% @1.36% ooo 132K O194K To arrive .. 2 dark northern. 14% Protein— 1 dark northern, « 134% @137% « 133% 1.35% o 1324 01.34% « 134% 71.36% To arrive .. + 133% @1.35% eee 132% @1.33% « 1344 01.36% « 1324 @1%4% + 132% @1.33% « 1334 01.35% 1DHW or 1HW. To arrive .. © 1.26% @1.274, +» 1.26% @1.27% + 1.254% 71.26% «1.254 @1.26% + 1.27% 1.32% + 1.275% 01.32% 1.26% @1.315%% 1DHW or 1HW. To arrive . Grade of 1 amber. Grade of 2 amber. Grade of 1 durum 1.14% @1. 1,125 1.13% 1.1156 1.125% 10% @L11% 095; @ 93% 93 92 so 99 3980909999509 Flour |2 2x31 23.98% 3.30%; 3.94% CHICAGO. GRAIN TABLE Chicago, Oct. 11.—m— Open High Low 4 1.35% 1.3446 & 1.42% 1.41% & 1.46% 1.4516 95% 94 s 1.00%n 98 4 1.02% 1.01% Sik * 55% fe 1.075 a 112% + 136% 137 1.36% 1.37% + 144% 145% 1.44% 1.45% + 101% 102 1.01% 1.02 + 1.08 108 1.07% 1.07% 40% 49% 49 8 40% 33% 53% 53 53% 3.30 3.33% 3.29% 3.32 6 81% 0% 1% Eee : 2 88% 0% 1% DULUTH RANGE Duluth, Oct. 11.—()— Open High Low Close 1.20% 1.20% 1.20% 1.20% 1.23% 1.26% 1.33% 1.36% 131% 132% 131% 133% 1.00% 1.01% 1.00% 1.01% 1.80% 108% 108 1.08% 7 5 i z 1.165 @1.2058 | eral THE BISMARCK TRIBUNE, FRIDAY, OCTOBER 11, 1929 STOCK PRIGES RISE DUE EASIER CREDIT AND COPPER FAVOR}: Chief Bullish Demonstrations! a Center in Select List of Specialties SELLING WAVE IS STOPPED Auburn Auto Runs Up 29 Points; Other Issues Adwance 10 to 20 Points New York Stocks on Chem. & Dye .. + 28556 Balt. & Ohio . foe Barnsdall “. Beth. Steel Briggs Mfg. Cal. & Hecla 4213 52%, | \Land Department Ready to Receive Payment on Loans (Continued From Page One) jrate was four per cent. The legisla- jture passed a measure boosting the bond rate to five per cent and it has had the effect of increasing the total of farm loans. Farmers, too, the 6S |commissioner explained, are becoming better acquainted with the land de- partment plan. Better terms are of- \fered than at many _ institutions |Where loans are made. It was point- {ed out also that the land departinent operates upon an appropriation of the legislature while institutions regular- lly established for loaning moncy operate for profit. Not since spring, the commissioner declared, have any loans been made ?1on farm property and it is for no Colorado Fuel. Col. Gramaphone New York, Oct. 11.—(AP)—Easler | Cons, credit conditions and the publication of bullish copper statistics stimulated | pris the further recovery of prices in to- day's stock market. Chief bullish demonstrations centered in a select list of specialties. A wave of selling swept over the market around midday, and prices of several of the leaders yielded rather easily but snapped back again as soon as was lifted. An as- sortment of specialties dropped 3 to 11 points below last night's final. Call money renewed at 6 per cent and dropped to 5 for the third con- secutive day. Time money also was noticeably easier. Auburn auto ran up 29 points. Otis Elevator, the American Tobacco issues and Foster Wheeler preferred ad- vanced 10 to 20 points to new highs. Other stocks to attain new peak prices were U. 8. Industrial Alcohol, Western Union, Air Reduction and Anchor Cap. Johns Manville, Gen- Electric, Norfolk & Western, Union Pacific, Lackawanna, Amer- fean Water Works, Columbia Gas and United Fruit sold 5 to 9 points high- er, and Radio ran up more than 4 in heavy trading. General Electric General Motors Gold Dust Great Nort! 5 Great Northern Iron Hudson Motors Int. Com. Eng. International International Nickel International Tel. and Johns M'ville . Kennecott . Kolster Radio . Kroger Groceries Mack Truck .. Mex. Seab. Oil National Cash Register New York Central ... N. Y., N. H. & Hartford. North American .. Northern Pacific Packard Pan Am. Pet. Par. Fam. Las. Penn RR. .. Commercial Solvents dropped 11 points, Standard Gas & Electric 8, National Biscuit 7, J. I. Case 6 and Eastman Kodak 4. Columbian Car- noche len lame a and then slumped to 320. Public utilities and selective spe- cialties made progress in the final hour despite selling prompted by the 25-point drop in Columbian Carbon, weakness of motor and accessory is- sues, and week-end profit-taking. American Tobacco “B” touched 229. Western Union crossed 250 into new high ground, and Columbia Gas and Electric also exhibited pronounced strength. The closing tone was ir- regular. Total sales approximated 3,800,000 shares. CHICAGO LIVESTOCK Chicago, Oct. 11.—(7)—(U. 8. D. A.) —Hogs—20,000, including 5,500 direct; market mostly steady; top 10.15; bulk Gesirable 150-280 Ib. 10.00 to 10.15; 120-180 Ib. 9.60 to 10.00; packing sows 8.00 to 9.00. Butchers, medium to 280 Ib. 9.50 to 10.15: 160-200 Ib. 9.60 Cattle—1,000; calves 1,000; fully steady market on all classes; light 7 ionbenae and light butcher heifers in demand at H bb. 12.75 to 16.40; 980-11 Ib. 12! 16.50; common and medium 850 Ib. up 850 to 17.00. Fed yearlings good and choice 750-950 Ib. 130 to 16.50; heif- Phillips Pet. .. Pub. Sve. Cor. N. Radio .. Southern Ry. St. Oil Cal. St. Oil NJ St. Oil NY Texas Corp. Tex. Gulf Sulphur Products other reason than the fact that de- partment funds are low—the money jis invested and not until the first of the year can the commissioner know definitely concerning further loans. None, however, will be made before spring. The first of the year it will be determined what amount will be available—after payments have been a; |made up to the first of December. And it is impossible to inspect land in the winter for the purpose of de- termining whether the property is good security. Refuse Applications It has been necessary to refuse vir- , |tually all applications for loans sub- mitted since last spring. ‘Those ap- 4 |Plications which were pending when the ban was placed have been con- sidered as money has been paid into , {the department and some loans have been completed. Renewal loans, merely a transfer on paper, have been ; |continued, the commissioner said. It may appear strange no loans can | Sta be made when the department shows ;, |@ cash balance of $97,203. This sum , |is divided into 14 funds—an average , |Of about $6,900 in each. Emergency demands, according to the commis- , sioner, require a respectable balance | P: in each account. Of great benefit to the department ; {has been the law which made possible private and auction sales of fore- closed lands. This measure became effective July 1. Since that date land sales of 4.777 acres for a total consid- eration of $71,823 have been made— $47,387 on contract and $24,436 for cash, Contract sales cover 3,266 acres and cash sales 1,511 acres. Actual receipts from these sales over cost to , |the state has brought in an addition- al 15 per cent. Further benefit of the law to the state is seen in the fact that land sales are now adver- tised in Billings, Emmons, Dunn, Bot: tineau, McHenry and McKenzie coun- ties. At Towner today Mr. Byerly |“ will sell a piece of McKenize county the previous record owner. Since the land department came into being many years ago, 80,000 acres have been foreclosed by the state. Buy Rural School Bonds Bonds purchased by the department 2 | school district bonds. Special atten- Seaboard Airline LIBERTY BONDS CLOSE New York, Oct. 11.—(?)—Liberty . | bonds close: JUGOSLAVIAN STORM BOUND Belgrade, Oct. 11.—(4)—During a gale last night many ships were torn from their anchorage along the coast. A blizzard later left eight inches of snow along the entire Jugoslavian seaboard. PLANE HOP IS SET Seattle, Oct. 11—(?)—The plane “Land of the Soviets,” flying from Moscow to New York, will take off for Seattle tomorrow from Water- fall, Alaska, if present plans hold, the naval air base at Sand Point was in- good | formed today. Sheep—10,000; market act: steady; native lambs 13.00 to 13.50; top 13.75; fat ewes 4.50 lambs scarce lambs good and choles Sain down 1278 t0 185; med- ddddddd aft t ? ry s ky 5 " i 5 if: me! ssf s i? sf i | il sisi to 5.00; feed- | 1 SUMMONS State of North Dakota, County of Burleigi Di: Fourth Judicial Plaintiff, vy. Jas, james _H. Falrchtld, Court, wise Gruenberg, . Wakeman, Ray upon the "Defendant einai in the complaint, Defen The State of North “Dakota to the Above named Defendant You and each of you are hereby summoned to answer the complaint Cy the plaintiff in the above entitled a. tion, which is on file a Veg office the Clerk of thi ci Burteien County, © North ‘Dal to serve a copy ‘of your sal upon the subscribers ut their of the City of di Morton, State of thirty days afte: summons upon you, exclusive of the day of such service, and in case of allure to, Re rn or answer as iudement | will be Lites E you by’ det the in tho complaint, ind Buia ‘of October, 1939. MieRee for Pinisuite, 8 for, Plain ae rth Dakota, Not Personal Claims To seig'a Gctondante: You are hereby notified that this action is to ‘quiet tithe £0, idl corner of Block th 100°fect, thence east’ 40. rece ence north 100 foot, thence west a feet to place of beginni: ora sont VAN ANLEY Attorneys for Plaintite, Dakota. tion, the commissioner said, has been turned to purchasing of country school bonds. In the majority of cases the issue is small. If a bond house can be found which will float the small amount, the expense is great. Thus far, all bonds of this type coming to the attention of the de- partment have been purchased. Improvements are now under way in the department's bookkeeping sys- tem. The record of tax payments of each piece of land on which the de- partment holds a mortgage will be in- cluded under the new arrangement. Heretofore, the department has been at a loss to know whether or not tax payments had been kept up in many instances. The law now pro- vides that these figures be sent to the department. Another innovation will be a separate account or record | ; of each fund handled by the depart- | ment. In the last 23 years American rail- roads have grown twice as fast as they did in the preceding 75 years of their existence. across 1% Devoared 46, Entertainment Sin|-i-|@orom 10} lel sn IRI lal vie ie >[a|m]9]9] oe 46. meee, ‘ee chy, and New dersey (abbr.) t i: Chemten ter 1. La 3. 1 sat 39, Bia ing for a sho land. Under the law effective up to | # , {July 1, sales necessarily were made to MALE HELP WANTED STEADY POSITION for two more men with cars, married preferred. Opportunity for executive position in one year to men of ambition and Progressiveness. Only dependable high type men with personality, able to carry prestige and with sat- isfactory record will be considered. No canvassing or high pressure. The highest type sales plan in existence today and the largest national or- ganization of its kind. Write d. No. 52, care of Bismarck Tribune, giving full particulars of yourself in first letter. LEARN Barbering now at the Oldest Accredited Institution of its kind. Catalog Free Moler Barber College, Fargo, N. D., Butte, Mont. WANTED—Truck driver with freight handling experience, good salary. Apply Interstate Transportation company. WANTED—Competent girl for gen- eral housework. Phone 1304-W or _call_at 619 Mandan. WANTED—Capable an or girl for housework. Must be experienced. Phone 1412-w, SALESMEN M. & W. Crank Case Oil Heater for automobiles, does away with your winter oil troubles. Write for ter- ritory. Rex Lindemann, Enderlin, North Dakota, State Distributor. WORK liaberk CARPENTER will buik or garage, do aibeeutione: “atid re- pairs. Estimate free. Call phone 999-W. CHIMNEY SWEEP, furnaces and chimneys cleaned, work guaranteed, price reasonable. Phone 393. rh the the close +. $169,715.60 116.16 Total... Capital stoc 7/600:00 ense 4,175.07 ivi u Ind 1 de its subject cheek 0 Subscribed and this 9th day of © consist, only of state, county, city or! .. of busine Classified Advertising Rates Effective Jan. 3, 1928 1 Insertion, 25 words or under ...75 2 Insertions, 25 words or under. ..85 3 Insertions, 25 words or under in 1 week, 25 words or under .... 1.45 Acs over 25 words, 3c additional per word. CLASSIFIED DISPLAY RATES 90 Cents Per inch AN classified ads arc cash in ad- ‘vance. Copy should be received by 9 o'clock to od insertion same ye _ THE BISMARCK TRIBUNE PHONE 32 a POSITION WANTED WANTED POSITION—As clerk in hardware store or combination Hardware and Implement store. Some experience. Can furnish good references. Address Ad. No. 51, care of Bismarck Tribune. LosT LOST—Thursday near Bismarck Clock Shop, # round blue felt purse containing personal articles with name “Mrs. J. H. Wiley” inside. Finder kindly return to Tribune of- fice. Reward. ROOMS 3 FOR RENT FOR RENT—About Oct. 20th, front room on ground floor, nicely fur- nished, can be used for light house- keeping. Hazelhurst Apartments, 411 Fifth street. Phone 273. FOR RENT—In modern home, nicely furnished sleeping room, also fur- nished light housckeeping room with kitchenette and extra closet. Call at 623 Sixth strect. FOR RENT—Furnished ‘light house- keeping rooms, very warm, clean and convenient. Bismarck Business ee Building. Inquire at Room as RENT—Large pleasant sleeping room, in modern home. Suitable for one or two. Board if desired. Also garage for rent. Call 1214. FOR RENT=Nicely furnished” room in modern home with or without board, reasonable price. Call at 613 Third street or phone 1150. FOR RENT—Nicely furnished sleep- ing rooms in modern home, hot wa: ter heat. Close in. Corner Fifth and Rosser. 402 Fifth strect. FOR RENT—Nicely furnished front room in modern home, suitable for one or two. Call at 706 Fourth street or phone 1410. FOR RENT —Nicely furnished front room in modern home. Call at 120 Ave. B or phone 1384-R after 4:30 p.m. FOR RENT—Nicely ff furnished room in modern home. Gentleman pre- ferred. Call at 623 Fifth street. FOR RENT—Three room furnished apartment, $35.00 per month. Call _at back door, 1002 Fourth street, FOR RENT—All modern room, suit- able for two. Phone 426-J or call at 419 Third street. ROON FOR RENT—Men only. Phone or call at 415 Fourth street. a DOCTORS , | The SURGEONS operated John Dear me—Dear Rone Oh doesn't he look calm and sweet me—Poor John is al pp! Rismarck, Burleigh County, Solution of Yesterday's Puzzle feyarols| sitialniel 9/27; 10/4-11-18 ® Short for “4 Semuel eratana) fh eat iRjA\M| A] ' rtlllery piece pocial Stand: ININI s 36, Calor ota Rl IONE! ... ers iS|NIOjW Tl loo aceeracy DOWN 1. Religious 14 5%. Initials of a former presi+ dent With flowers at his head and feet. BUT—if John had visited Dr. Mac- Lachlan’s Clinic he would not be decked with flowers but would still be alive and WELL. We know that the KNIFE can NOT RE dis- ease for the trouble is in the Blood. How can a knife cut the disease out of the Blood? We do CURE dis- ease for we purify the blood and re- move the acid poisons from the system with our pure Vitamin Herbs, Roots, Bark and our Alkaline Blood Treatments and_ Scientific Food Combinations. We have CURED HUNDREDS and we can CURE YOU. Clinic Rooms 6-8, Lu- cas Block, Bismarck, N. Dak. (NO KNIFE). nr HOUSEHOLD GOODS FOR SALB FOR SALE—Portable electric sewing machine, 8 piece mahogany dining room set, 3 piece overstuffed mo- hair set and two electrical fixtures. Phone 388. FOR RENT—One wood bed and dressing table to match, laundry stove, and round dining room table. Phone 538-W or call at 706 Tenth street. FOR SALE—Quickmeal range, three large heaters and Perfection two burner oil stove and oven. Call at 314 Second street. FOR SALE—One Edison phonograph with records and Victor attach- ment. In excellent condition. Phone 95: Upright piano, apartment size. very reasonable, Call at 120 West Ros- ser. BARGAINS in used furniture. Ken- nelly Furniture Co., Mandan, N. D. WHY USED BUICKS ARE CHOSEN AS THE SECOND CAR Buicks have the famous Buick valve-in-head engine, noted for economy and power—the Socaue. Be tube drive and Cantilever Springs which assure easier riding and safer driving —the multiple disc clutch which wom- en operate with ease; and ikaw Fisher bodies of combination and steel construction. These base units guarantee thousands of extra unused miles in a Buick. We have some splendid cars in stock. Better come in today and see what we have to offer in Buicks at a very low price. FOR SALE—Desirable_ modern room dwelling, ment, gas laundry stove and g heater for tank, south front, ance, after down payment, monthly less than rent, for 4 room modern house close in {i . Register. stucco house, newly decorated, bedrooms, doors, garage, built extra warm. Nk shrubs around house, good locatio, Phone 1069. FOR RENT—Five room modern bur galow, Riverview addition, basemer garage. Rent $52.50. Hedden Re, Estate Agency. Phone 0 or boeie! _No. 378. A i ar room bit off of Pavement. Part: modern. For sale; A daybed an new breakfast set. Phone 588-M" FOR RENT—Six room modern hour with garage. Call before 10:00 : m. and after 4:00 p. m. at 412 Av} D or phone 1598 FOR RENT—A_modern_six root house. Phone 1086-J between noon and 1:00 p. m. and after Pp. m. 5 APARTMENTS i FOR RENT—Modern apartment, tw rooms, kitchenette and closet o sround floor. Furnished for ligt housekeeping, newly decorated. Ca at 523 Seventh street or phor 487-W. FOR RENT—Three room unfurnishe apartment on second floor, privat bath, closets and store room. Hea hot and cold water furnished, Aduli only. Call at 100 Ave. B East. FOR RENT—On first floor, =r aa apartment with private bath, single room equipped for ligh housekeeping. Garage for rent. 4% Fifth street. FOR RENT—Three room apartmen completely and exceptionally we furnished. Ground floor. Plenty d heat and hot water. Call at 120 VW. Rosser. ok FOR RENT—Two c: three roo furnished clita in the Lav rain apartments. City heat, ways hot water. B. F, Flansgat Phone 303. i; FOR RENT—Very desiral irnishe! apartment, downtown, city heag References exchanged. Write ‘Trike __une, care of Ad. *. Net four apartment, gas ror prs Phon 442-M. FOR RENT—Apartment in = Court. Phone 796. FOR SALE— 1926 Olds coupes and sedans, 1935 Chevrolet 4-door sedan, 1928 Durant 4 coach, 1928 Durant 6 coupe. Ford touring $50.00. Also other used cars. We trade and give terms, HEDAHL MOTOR COMPANY. 1 USED CARS USED CAR CLEARANCE S, used cars at greatly reduced price: See these bargains before buying Steen Marmon Co. 116 Secon strect. FOR SALE—1928 Bssex coupe wit rumble seat, in excellent conditior Phone 1209-W or call at Maso Apartments No. 13. Gyda Brynild son. FOR SALE—Buick sedan, 1926 Mas ter Six model. leather upholstering in good condition, $650.00 cash ¢ _ $675.00 terms. Write Box 603. FOR SALE—1929_Chevrolet_coac driven 3,900 miles. Excellent con dition. O. L. Rupp. Phone 273 ¢ call at 411 Fifth street. FOR SALE—1924 Special Six Stude baker sedan at a bargain, good con dition. Phone 1341. R. W. Sander? SS MISCELLANEOUS DIAMONDS direct from importe: and cutters at great savings. Guat! anteed. Wrist and pocket watehx! at bargain prices, Liberal allowanc - offered on old watches. Cash or af | Proved credit. Watch repairing (e> Pert work). Mail orders promptit taken care of. James W. Marei: Office at 108 Third Se: south «: Hotel Prince, Bismarck, N. Dak. COME IN and see our new fall over! coats, sheepskin coats, beach jacket and full line of stock shirts, leathe jackets, etc. Flannel shirts, husk . ing mittens and gloves, also a com plete line of Star Brand boots, shor - and oxfords for men and boys, Capit ital City Clothing Store, Jack Sloyi ©) Fifth street. lle See ee a , lls, red, roan and white, tered Oxford” and. “Rambouils: