The Bismarck Tribune Newspaper, March 25, 1930, Page 9

Widespread Snowfalls View as “Benéficial as Selling Chicago, Feary. sellin ee ‘wtseal ne ite erles heavily downward a Ta price be Jate re taken the res spelne. wheat wet ipa 10 mre 1-3¢ dow! y 84 Sst to 1-2¢; say -8'to 6-8e melt noe provisions varying from 2c decline to an equal advance, Corn ‘weakness increased toward the last, various Chicago holders let- ting So of their aris re was alg 81 Ing opera: grain woreogta aympatiitued ie Ei aiterheteeded F ‘that weather co ditions were against fi work. Provisions were steadied by up- turns fn the value of hogs. i Persistent selling on the part of pit speculators wana feature of wheat trading much of the time here today. ‘Widespread snowfalls were generally regarded as likely to benefit winter wheat by affording moisture where needed and. ‘the ir side was give ther in- centive through advices thit over- night export sales of North: Ameri- can wheat and Canada. Considerable notte: poor any Sapa ot explicit sta' of ment “from the wheat stabiitzation taken, how- corporation, an auxiliary of the fed- Fe rm beat rd, that the corporation dees not. contemplate shipping any ‘wheat to. European markets. ‘The snnoencement wan looked upon as Deine muci more definite and posi- tive than any heretofore insued touch ing the export policy of the Americas sovernment-snonsered ' agencies, and as Ikely S, help imvart more firm- ness to transatlantic, quotations. AlthouRN stormy weather tended to ite ae weware, {rend at times to the wheat price setbacks rated al something of . drag. Are 27705 Suara agsinet frcara & Week e cars, ago and Toc"tare at this time last year. pe Rat tad lJ VELOPED IX WH! on neapolis, Mar. nnsettied wheat Winniper 6s osed 6 genoral selling nn cau 7 sure. rere a ices ot might though me of small, May closed 1 ay tower, Corn futures displayed i: ence at the start but radually faded with wheat. Oats market: was soft and i most of the session. opened strong but pee & relapse when dipped. Barley was dull and a ruled causy. prices followed " reatricted cars. Mills iy. rotein quality and ed that type H cent bry compared with papi} Grain corporation buyers sought cheice offerings. Cash corn demand was moderate on light pttering Oats demand w. steady and o: igs were scant. SS was in rks to fair demand. Barley demand was a little riower. Flax of- ferings were extremely light and in demand. CHICAGO LIVESTOCK —t(AP)—(U. 8.-D. rchers. Togs! on tro to. 190 ne I we alent Atlantic Coast tines athe Refining: s with other} Cl Colum Se arepbophone u venta, ng tection seainat cold. 1G. hed been only moderate) Ci restricted to wheat grown in/D = | Elect o Lt ee sat ics: | Blectrle Power and’ Light - Erie Rall Firestone Generel Ameriean ‘hank Car General Blectrle. new! Le es an eral Railway Signal . lette Safety Racor Gora Dust ..... Goodyear T' Graham Paige Motor Gres reat Northern pfd. reat Northern Iron Great Western Sugar Grigsby runow .. Bowsers ie. ‘reine Hupp Motor . independent 0! a Refining International Co t hts Honal Fi tonal Mtch. plo. (2 International Nickel of Canada J. Reliy-Sprin Kelvinator Corpo Kennecott Conner « Radi Rye bo Krourer & To roger Grocery M for high) sigec Miss |, Kansas ¢: Montgomery Ward Nash Motors ..... National Air Lines National Biscui: a orfolle, & Western North American . Northern Pacific Oliver Farm Equipment’ Pacific oan “re Electris ¢| Pacific Li; Packard etor oe American Petroleum B . Paramount: Lask; Parmak :| Pathe Bichanes Fy Reod.and are a aha nd. choice 0 12.5 200; 1100 to 1900 Ibs, 12.50 (to Repupite Tron and ae oo Bichdield Tobacco B ge Bod 730 od T seks 850 lbs. a wn 11.50 x4 ig sat edie, $20 i018 an choice ind. medium 6.25 ing done jndlens wie ents teal eas fa bulk to ibs, 10 bs choice 150 Iba, it and. ow ge Gi 2. UL LIVESTOCK zat 14 = RE). 8 on il of Califo: Shattuck. F.'G. Shell Union Oll Simmons Co: Sinclair « Conaoita Southern Pacif! 7 Wi ing h: irbraikc use to Bae, eae Biche 5s er oe ie 1 = “ Srowns! Peet heist Abe eto nsier. ert THE ad TRIBUNE, TUESDAY, MARCH 25, 1990 _ [BULL RAMPAGE ADDS |, AOR STOCKS mer Profit-Taking When Ticker Is]. __ Delayed Forty-five Minutes is peal satel Min sk ase) out on @ wild which a hun- 45 minutes behind the market, the delay invitin, sufficient | 2. Statin taking and short selling to in- terrupt, but not completely check, t! vance by early afternoon. treme gains in the’ active .t ranged fom 2 to's points, but at the end of the third bour scores of stocks had ai Sad point or. two below their “y of the Pg el we 8 Leena lowe! Ss from 4 te 08 mon: t and “Teper ports that. operations "« ot the United Baten Steel corporation ‘were being maintained at 80 (out cent, of fevacty, provided the ground for 4 agate movement. Short, cover- ing also by ane a rian was an important: factor in é the advance. While the ne cal money rate dropped P 4 firm. fancea Mankerst acceptances~ it 1 ve cent after having rare nin seo 8 cork ya f similar amount, e- rapid advance in the market, acotnpanted by ‘unbridled speculation in-some of the wool apeciaities, lod to advices of caution and profit tak- ioe several of the leading commis- sion 01 Of speculative activity in ed on unofficial esti- Tine ‘prices. elective euiainie, continued Tiitwotn sen Pi ion Py ine. aban, noig-issues, Union Pacific, Wabash, Pret es mmnon and Lehigh Valley i 330: ‘they ear, ran up 8 points to a new igh at 58. Vanadium Steel jump2d 5-1-2 points to a new top at 124 1-2, but_met heavy profit taking. Bul- lard Co., Newport Co., American Can, Air. Reduction, Colorado Fuel, East- man Kodak, Union Carbide,’ A. MM. Byers, Foster Wheeler. Worthington Pump, Ward Baking preferred, Mc: Clellan Stores and General Rallway Signal all moved into new high ground on gains ranging from 3 tu 6 Among the many other issues to reach new high ground were Ameri- can (Telephone, Bethichem Steel, U. 8: sthel, American Bank Note, Check- er Cab and American Power & Light, Western Union, Columbian Carbon and J. 1, Case were among tho few outstanding soft spots. Large buying orders poured Into the market again in the last hous, several leaders to their best of the day after the Ist had settled back one to two points from the earlier highs.” Hethichem Steel jumped above 100 ond United states teel.to around 193. Allied Chemical yore 6 1-2 points, The clone was firm. Sales approximated 4,700,000 ehares, UTH RANGE Duluth, Man fev Durum— 0} mn High on. May... sul Close 195% 83 65% 2.91 ef .! 2.89 wees veee 2.89 Rit Close 1 07% 85 86% 40% 40% 2.08 4% 63 35" 183 85 66% 40 40% 2.92 BA 156 CHICAGO RANGE Chicago, Mar, 26— t— en are oe ren a = Ey 2 Soo: PRS aS RO Anan weed FERS TS teasveneas 1016 10.8% 10.86 10.25 10.60 10.47 10.60 13.12 13.33 NEAPOLIS CASH GRAIN atinneapoli, r 26. ‘Wheat hh Lew Close ees 15 tel dark nore 1.11% 1.18% 1.09% 1.11 % ae secee 1.09% LOT oop rel 00% SBI 98% 1% er cent, time aaeney 1 All” deal in. the} {> CARLOT 8, se a Cra a ‘lax, "Xo. 1, 30. “ MINNEAPOLIS stot 6c lower, In. carl lots tents quoted at 6.60 to 6.70 in, ind cotton sacks. a1 ia 13 fe: Dais- tet) dete: Long fi 0 ¥ mericas 20 to ; Limburger’ 23¢ ” trap tee EXCHANGE New York, Mar. 25.—(AP)—Foreign ence firm. Demand: Great Bri- 3-4; France 3.91 7-8; Italy rmany 23.8 liorway 26.78, 6.88; Montreal 99.98 7-16. Baa BUTTER, WER Chicago, Mar, SAE) Reduc- tions were in order in butter and eggs today. The former declined to the extent of ic per pound and the latter 1-2 to 1c per dozen. Poultry ‘was firm, . CHICAGO PRODUCE Ciheago, ‘fe 26—(AP)—Butter un- res dey ipts 14,416 tubs; creamery Sete; standards 37 1-4c; extra first 36 1 -2 to 7c; first 34 to 35 1-2c; seconds 31 to 32 1-2c. E 8 unsettled; one 22,295 xtra first 24 1-2 t 24c; aati! firsts Storage packed tirat age packed extra 26 1-2c, MINNEAPOLIS POTA’ Minneapolis, Mar. BOCA aU, 8. D, A.)—Potatoes, good wire inquiry, demand and trading slow, market slightly stronger. Cuarloads f. 0, b. shipping point, based on delivered sales less wil transportation charges, Racked ecwts., Round’ Whites, U: S. No, 1 and partly graded, 2.20 to 2.30, mostly 2.20 to 2.25, CHICAGO POULTRY Chicago, Mar, 25.—(AP)—Poultry alive, firm; receipts 1 car; fowls 26 springs 30; broflers 38 to 40; roosters 20: turkeys 25; heavy ducks £0 to 23; geese 15, Jacob Oster Kilis John Petersen for Taking Wife’s Love (Continued from page one) -Petersen had been married once and divorced. Oster has been married three times. His first wife died and he was divorced from tHe second. At present Mrs. Oster has divorce pro- ceedings against Oster in court. This case has been in both the Logan and Burleigh county district courts and it is now before the McIntosh county district court. Mr. and Mrs. Oster have a boy and a girl. Oster has no regular occupation now, though he used to be a farmer. Immediately after the shooting, it is reported from Napoleon, Mr. and Mrs. Oster motored to the Robert Diese farm, seven miles northwest .of Napoleon, in Mr. Petersen’s automo- bile, arriving there before noon. In the automobile were the revolver with which the fatal shooting is believed to have been done and two shotguns belonging to Mr. Petersen, according to Diese. Diese is a friend of Oster. Mr. ‘diese drove to Napoleon to in- form August Doerr, Logan county as- sistant state's attorney, of the affair in the absence of both the state's attor- ney and sheriff. Doerr informed Em- mons county officials, who took Mr. and Mrs. Oster to Hazelton yesierday afternoon. This morning they were taken to Linton for questioning. Has Hearing Today Oster, charged with murder in the first degree, was to have a prelim- inary hearing sometime today before Justice of the Peace Henry Klaudt, Linton, according to Mr. Lynn. The state’s attorney says Mrs. Ostcr cor- roborates Mr. Oster’s story in essen- tial details. Mrs. Oster and the two children were the only other persons on the farm at the time of the shoot- ing. : No funeral arrangements for Mr. Petersen had been made at noon today but definite plans were tobe announced this afternoon _ Pn residents who are taking charg ‘anual ee said there probably be no coroner's inquest as he Seemed it unnecessary. Son of Pioneer Family John J. Petersen was born near Braddock, Emmons county, April 20, 1887, the son of Mr. and Mrs. Nels » Ploncer residents of the county. He received most of his cducation in Emmons county schools although father died. Following the father's death, Mrs. Petersen took up a new homestead and John lived with her (ry but ‘sohn remained on her until five years ago, when the farm on which he death, This farm, five miles one-half miles south of is said to be one of the tiful. farms in southern burial services prob- in Braddock, where ts were interred. Mr. Peter- Inactive Bismarck . Shriners Organize To Aid Ceremonial (Continued from page uve) its ides of the. “Mandan Indian Shriners,” and, though Bismarck has not yet selected its theme, it is ex- club members at the the battle of the Little Big Horn, or some cvent ‘in relation to Misdouri river fibating hére or frontine life. At the Mr, stipworth it 3 pageant parade repre. senting the development of trator. tation from the days of the covered baba up to and including the’ air- Plane. W. T. Kratt, Bismarck, was named | Lande by Mr. Bileworth as chairman of the |state-wide’ Gland Hand Other men appointed to this commit- | ¥ tee are Charles J. Phelan, Bowman; Robert Truesdale, Mott; H. M. Wey-| Pierre dahl, Killdeer; Claude ©. Turner, Bis- marck;. Jay. Jermaine, Linton; and Dr. A. O. Frank of the membership committee for the western half of North Dakota, Others on this committee are D. J. Price, Dickinson; H. L, Halliday, Beach; and |‘s, Otto Bauer, Mandan. Six Others Spoke Other speakers at last night's meet- ing were Colonel A. B. Welch, mem- ber of the Mandan Shrine club, and Messrs. Gage, Kraft, Turner, Lynn Sperry, and Allen. Colonel Welch was named chairman of the Temple's Indian Affairs committee. Those who attended the meeting were Howard H. El} ih, T. P. Al- len, Andrew , Carl Nelson, A. A. Jones, FP. W. sarpy, W, T. Kraft, F. ©, Tousley, A.\P. Tourtelotte, J. G. Iverson, Don McPhee, O. A. Convert, Grant C. Marsh, J. M. 6tehl, E. G. Hanselman, Stanley R. Sharts, F. M. Davis, D, C. Cook, T. G. Plomasen, F. H. Adams, Wesley Ackerman, Lynn: Sperry, J. C. Beattie, BE. E. Ricker. Herman Sortomme, T. E. McKane, QO B. Lund, Charles G. Boise, Spencer Boise, Alex Rosen, M. E. been W. E. Doty, Dr. G. M. Constans, Dr. H. A. Brandes, Prank Gage, A. J. Ar- not, C. C. Turner, and E. O. Mundy. Elsworth said that delegations will attend the Fargo ceremonial from El Badue temple at Billings, Mont.; Al-, giers at Helena, Mont.; Badgad, Butte, Mont.; Wa Wa, Regina, Sask.; and Khartum, Winnipeg, Man. The lat- ter temple is expected to bring its Hig Scottish Highlander “Kiltie” and. Will Lend Cash to. Farmers for Grain They Have on Hand (Continued from page one) take advantage of the loan basis an- nounced on October 26th, if they are willing to join @ cooperative society” is expressed by Samuel R. McKelvie, member of the federal farm board, in “|@ letter made public in Bismarck Monday by Governor George F. Shaf- er. < ‘The letter was in response to recent Suggestions by the governor that the farm board, through the stabilization corporation, again enter the wheat | SIX ROOM market and buy grain held on the farms or in country elevators. McKelvie’s letter said in part: “You will note when the loan schedule on wheat was announced last October, that farmers were required to take advantage of this through Pipse ages tions. It was the which it could be done for our activi- ties under such circumstances are confined to cooperatives that qualify under the Capper-Volstead “In your region there are several larger cooperatives, membership in which is open to individual farmers, or to local cooperative units.” McKelvie listed these as the North- avest Grain association, Minneapolis, which includes the Minnesota and South Dakota Wheat Growers asso- ciations; The Farmers Union Termin- al association, St. Paul and the North Dakota-Montana Wheat Growers as- sociation, Grand Forks. “All of these groups have qualified for loans through the Farmers’ Na- tional Grain corporation and any farmer who is @ member of one of them, or becomes & member, can take advantage of the loan basis,” McKel- vie said. “Under the circumstances, a limited as ‘we are to dealing with co- operative societies, we hope you will assure farmers in your region of our ‘willingness to serve them in the very committee. wee Gage was: named chairman | St, Pau! | { Weather Report | r Report] Temperature at 7 a. Highes t yes! erday Precipitation to 7 Highest wind velocity GENBRAL REPORT ‘Temprtrs. P: Shes loorhead, North Platte, Re “aay pc a. City, Be Louls "to Sr taed clear. Salt Take city > pt cd: 8.8. Marie, Tig clr : 2 os este RNAS SHecSmaNOrSNecuaua nasser oe Winnemucca, Ni Winnipeg, Ma WEATHER FORECAST For Bismarck and vicinity: Fair td unsettled tonight and Wednesday. Not much change in temperature. i For North Dakota: Fair to unsettle tonight and Wednesday. Not muc change in temperature. For South Dakota: Fair to unsettled tonight and ‘Wednesday. Continued ocld. WEATHER CONDITIONS A deep low-pressure area is cen- tered over the lower Great Lakes re- gion, and precipitation (mostly snow) occurred in the Great Lakes region, Mississippi! valley and at, scattere . | places over the northwest. Toledo, 0, reported. over an inch of rain. ‘The pressure is high over the northwest, and temperatures dropped somewhat in the plains states and Mississippi alley. River stage at 7 a.m., 9.4 feet; 24- hour change, drop of "0.1 foot.’ Ice broken in places. ORRiS W. ROBERTS, S __ Meteorologist. NORTH DAKOTA. WRATHER Devils Lake: 24; clear. Grand wotha: 34 34; clear, 2: 4 Williston: 387 Dickinson: BUSINESS OPPORTUNITIES FOR SALE—Pully equipped cafe ao- ing @ good business. Rent reason- ible. Must be sold at once. Ad- dress Soo Cafe, 118 Sixth street, Bismarcf, N. D. FARM MACHINERY ONE SUPERIOR No. 24 doubie disc, Box 431, Bismarck, N. D. FOR SALE SIX ROOM modern bungalow, hard- ‘wood floors, sun parlor, hot water, heated garage, near school, owner leaving city, at a bargain. modern dwelling, 3 bed rooms, hot water, south front, full basement, garage, near school, for $4750, on terms. EIGHT ROOM new modern stucco dwelling, at least 4 bed rooms, hot water, French doors, full basement Partitionai off, plastered and in- means by | sulated, heated garage, sun parlor, on terms. liberal FIVE ROOM modern dwelling close in, 2 bed rooms, full basement, gar- age, hardwood floors, porch, desir- able, on terms. FIVE ROOM modern bungalow, 2 bed rooms, full basement, garage, for FIFTY FOOT lot on Sixth street, east FOUR ROOM partly modern house for rent on pavement. HOUSES AND lots for sale. GEO. M. REGISTER. ae HAUL away wage OF fice pro geen ae ror if reads and weather permit. Write Northern Horse Exchange and Ren- dering Co. Box 265, Bismarck, N. Today’s Con Takes Indian aftuirs sumes hearing on power | committee re-' Flathead river HOUSE. ues general debate on bie ef Columbia appropria- iT ‘bil. Banking committee resumen pon ad of group, braseh and chain sainitary aftolen | committe: pene bearings on publicat = ‘experience and salary salary expected in firs} letter. Write Ad. No. 59, in caic of The Tribune. Sew also 33 volumes Very cheap. Phone t class-automobile me- chanic. Must have Model A Ford exerience. Steady position to right party. Fischer Motor Co., Hazelton, N. Dak. LEARN Barbering now. en gg for spring trade. Free catalog. Moler Barber College, Fargo, N. D. Butte. ___FEMALE HELP WANTED WOMEN WANTED—To cell beautiful line of ladies aprons. Every house- ‘Wentz, Krall Tailor Shop, 510 Main Ave. Downstairs. ‘WANTED—Position as clerk in hard- store Frank Krall Tailor mae, 510 Main Ave. Downstairs, USED CARS FOR SALE—1926 Ford coupe in good ee Olson Garage. Phone 5. a BOOMS FOR RENT FOR RENT—Nicely furnished sleep- ing room, also apartment, one room and kitchenette in modern home. Reasonable rent. ‘Call at 306. W. Thayer. FOR RENT—Desirable furnished room, hot water heat, good ventila- tion. Rent reasonable. Suitable for one or two gentlemen. Call at 116 West Thayer Ave. ROOM FOR RENT—In new modern home on street car line. Clean and quiet and always hot water. Phone 120-R or call at 503 Fourth street. Mrs. C. 8. Fossum. FOR RENT—Large front room suit- able for two or three ladies or gen- tlemen. Will furnish to suit ten- ents. Rent reasonable. Call at 419 West Rosser. FOR RENT—Two well furnished rooms in modern home with board, Reasonable rates. Phone 204-3 of _call at 111 Washington street. single room with kitchenette. Call at 411 Fifth street or phone 273. APARTMENTS FOR RENT—On first floor, a fur- -— street. gress || son nent ovary nicely TUESDAY 2 SENATE » consideration of ap- ropriation and public buildings