The Bismarck Tribune Newspaper, October 27, 1930, Page 2

‘Trade C IN NNTH DISTRICT “CONTINUES DECLINE September Figures Below Those: of Same Month Year Ago, | Minneapolis Report | BUTTER SURPLUS DROPS Dairying Industry in Better Po- sition a3 “cr as Suzplies Are Crxcerned The volume of business in the ninth | federal reserve district was smaller during September than in the corre- | sponding month last year, according to the monthly report of the reserve | bank at Minneapolis, continuing the trend which has been in evidence tor | several months. The report says the daily average of bank debits was 23 per cent below the figure for Septem- ber last year, with all parts of the district experiencing decreases. Only 12 of the 93 reporting cities expe- rienced a larger volume of bank debits in September, than a year ago. These cities were Albert Lea, Crookston, Ely, Glenwood, Moorhead, St. Cloud, Wa- basha, and Willmar in Minnesota; Fargo in North Dakota, and Madison, Milbank and Yankton in South Da- kota, The country check clearings index was also 23 per cent below the figure for September last year. Freight carloadings in September were 17 per cent smaller than in the corresponding month last year, with all commodity groups decreasing, except grains and grain products. Increases over the corresponding month last year were reported for electric power consumption in the eastern part of the district, building contracts, and flour production and shipments. Decreases were reported for building permits, linseed product shipments, copper and iron ore out- put, city department store and furni- ture sales, country lumber sales, life insurance sales, securities sales and wholesale trade. Employment indexes for Minne- apolis declined further in September. Business failures were more numer- ous in September than in the same month last year. Bank debits and country check clearings in the first-half of October were smaller than in the first half of October a year ago, but the decreases were not as large as the decreases in the September comparisons aith & year ago. The daliy av struction contracts 9¥ central northwest during the first nine business days of October was $143,900, as compared with the daily average for the month of Octob>r, 1929 of $179,700, according tn the re- port of the F. W. Dodge Corporation. District Summary of Agriculture Grain marketing has been exccp- tionally rapid this fall, especially in the last half of August and the first half of September. The result has been that 42 per cent of the market- able portion of the wheat crop and carry-over reached the terminal mar- kets at Minneapolis and the head-of- the-lakes by October 18, as compared with 39 per cent marketed in the cor- responding portion of tne 1929 crop year. It will be recalled that 1929 set @ new record for the early mar- keting of wheat. Although the physical movement of the wheat crop and other smal} grains has been rapid, it is not cer- tain that this indicates that an equally large portion of the iacome to be expected from the crop has flowed to the country districts. With low prices for the grains, it is prob- THE BISMARCK TRIBUNE, MONDAY, OCTOBER 27, 1930 WELL, GOSH , THEY A BIG LOT=NEN TON Corr ALL ten POA. U. 0. PAT able that there is a disposition on the part of some farmers, who are finan. cially able, to take storage tickets for their grain in the hopes of selling their grain at a higher price. Some wheat is also being fed to livestock AINT NO USE TArIN' "EM OoT TLL THEYS FRUIT JARS. ANE QuiT PUTTING FOR THE WINTER. private ente-prise | is in providing a larger amount of elevator space at northwestern ter- minal markets has prevented avy congestion this fall which would stop the flow of grain from the country ‘The capacity of terminal elevators at Minneapolis and Duluth-Superior ha, been increased from 120,000,000 bush- els a year ago to 136,000,000 bushels in October of the current year. On October 11, Minneapolis elevators were filled to 82 per cent of capacity, and elevators at Duluth were filled to 79 per cent of capacity. Although the production of butter hhas passed its seasonal peak and is declining to its’ winter low level, it is important to note the progress in the statistical position of the butter industry. United States cold storage holdings of butter on October 1 were 131,000,000 pounds, which was 4,000,- 000 pounds less than the five-year average, Bearing in mind the con- stant increase in the population of the United States, the butter industry is in a favorable position as far as| curred supplies are concerned. Furthermore, the output of butter in the United States during August, which is the latest available report, was 12 per cent smaller than in Au- gust last year. In the ninth federal Teserve district, the August output of butter was only 8 per cent smaller than the output in the same month last year. In spite of the reduced output and stocks of butter, the price of butter declined from 38 cents per pound in August to 36% cents per pound in September, which is con- trary to the usual seasonal movement. The September butter price was 714 cents below the price @ year ago, and the same amount below the five-year average for the month. The hog situation, as stated last with the five-year average for that For lard, the October 1 holdings were 60,000,000 pounds, as compared with the five- year average of 115,000,000 pounds. In spite of the lower storage holdings of pork and the smaller crop of hogs to be marketed during the coming months, the median price of hogs at South St. Paul inf September was $9.25 per hundredweight, as compared with $10 per hundredweight a year ago. However, the September hog price represented a small increase over the L Kuow — BUT WHEN YOU Aon OUT OF CANS FOR 4ouR CANNED AGHES,] TAKE THEM OUT “THEN ~ DONT START USING MY BecaLceE FRUIT FoR THE WINTER, MOVRE NOT GOING To BE PUTTING uP ASHES uP price in August, whereas @ year ago| creased inchanged 1 per cent, and the September was 7 per cent smaller than thé total the price remained ul be- tween August and September. The estimated cash value of major farm products marketed in September was 7 per cent smaller than the value of marketings in September last year. Decreases occurred in the income from bread wheat. rye, potatoes, dairy products and hogs, and increases oc- in durum wheat and flax. ‘The latter increases were occasioned by heavy marketings, which more than offset price declines. ' Prices of all important farm products in the district were lower in September than year ago, with the exception of heavy hogs. District Summary of Banking ‘The federal reserve bank loans to country member banks did not show their usual reduction during the two months following their seasonal peak in August. The liquidation of loans to banks in the agricultural Portions | 1 of the district was only about $1,000,- 000, as compared with a liquidation of $2,500,000 in the corresponding weeks of 1929, Moreover, this small reduction in loans to agricultural banks was partly offset by loans to September 10, which brought their deposit total on that date to a higher corresponding figure than on the in any previous year. date However, these banks did not experience their usual deposit increase in early October, and on October 15 their deposits were smaller than the 1927 total, although they continued to be larger than de- posits in 1929. Loans to customers by these city banks negligible weeks increased by a amount during the four October 15, and on that ending date were $52,000,000 smaller than the abnormally large volume of customers’ loans @ year ago. On the other nand, investment holdings of these city banks, including brokers’ loans, com- were |governing every important region in the try. @ year ago. City member banks which make only $389,000 trom th were borrowing BOYS’ CONFERENCES Cities to Chart Young Lives for Christian Future Minneapolis, Qet. 27.—(#)—Dele- gates from all sections of North Da- kota and Minnesota will conduct round table discusssions of problems of young men during the twentieth annual Older Boys’ conference sched- uled- in three Minnesota ‘cities during November. The first of the series, to be con- ducted under the auspices of the Young Men’s Christian association of Minnesota, is to take place at Crooks- ton November 14, 15 and 16, a con- ference set aside for boys from west- ern Minnesota as well as North Da- kota. Abqut 200 are expected to at- tend. The purpose of all meetings is “to inspire and train older boys for Christian living,” while the theme for each conference has been designated as “Chart Your Course.” ' Expected to attend the conferences will be youths between the ages of 15 and 20. Among the topics to be discussed are standards a boy should follow, good health, meeting life problems, Teligious problems and Christian liv- i Ing. Delegates attending “each confer- ence will be divided into groups of approximately 20 in preference to tak- yng up subjects with the whole body. Rev. Charles Gerlinger of Fergus Falls, and Paul B. Bremicker, Minne- apolis Y. M. C. A. worker, will address the Crookston group. CO-OP MARKETING CQURSES OFFERED 49 Agricultural High ‘Schools Join Hands With Farm Board to Aid N. Dakota Farmers Fargo, N. D., Oct. 27.—Joining hands with the Federal Farm board in @ program to promote education in the principles and practices of co~ operative marketing of agricultural commodities and food products, 49 Smith-Hughes departments of voca- tional agriculture in- North Dakote high schools are ready to ozganize and conduct market classes in their communities. To give the marketing course of in- struction, all that is necessary would be requests from 10 or more farmers, in each community, according to Prof. -E. H. Jones, state supervisor of ‘vocational agriculture, North Dakota Agricultural college. ‘The course of Lrabeperg restos tion will envolve 10-or 12 meetings with the local’ Smith-Hughes voca- tional agricultural teacher, and will spread over a period of five to ten weeks, depending on the wishes of the students. ‘Under the cooperative arrangement with the Federal farm board, infor- mation on the latest developments in the marketing of specific farm com- modities will be available to the Smith - Hughes teachers of the day classes as well as the night classes. The marketing information will be prepared and presented with special reference to marketing conditions country. Commodity marketing specialists in the Federal Farm board will work e federal reserve | with representatives of the tederal bank, as compared with $39,510,000 a|board for vocational education in de- veloping year ago. this subject matter which: TAKE IN N. DAKOTA Three to Be Held in Minnesota ta? Article No. 35 By WM, E. McKENNEY (Secretary American Bridge League) The most difficult briginal or open- ing lead to make is against a no trump declaration when partner has not bid. In order to defeat a no trump coh- tract, it is best to attack the enemy in his weakest spot, ahd quite natur- ally their weak suit is generally your strong suit. Therefore the most com- mon opening is fourth best of your longest and strongest suit. If a five and a four-card suit are held, the five-card suit should be opened. If the hand contains two four-card suits, the strongest of the two should be opened. If both are of equal strength, ohe being a minor suit and the other a major, it 1s best to open the major suit as the backbone of no trump is genetally. minor suits. If the declarer had previously named your suit and you held tenace. positions in it, you would be justified in opening another suit in an endeavor to get your partner in so that he could lead through the suit named by declarer. ported to no trump, you would be justified ‘in opening four-card suit in tan endeavor to get your partner in— ‘but to open gerous 8 you may be operiing the length ahd strength of the de- clarer. r son teachers, N. DAKOTA TURKEYS DRCREASE 12 P. C. Low Prices in 1929 Responsible for Smaller Crop of Fowl This Season Low prices for the 1929 turkey furnishes the principal reason for decre! 190. Noth either th into] players trump, if you are strong in the de- declater’s suit don’t hesitate to the -declarer—in other words lead through the suit bid by dummy, which invites your partner to lead the sult bid by the declarer. When holding an especially long sult such as ace, king, queen x x X onditions Force Early Marketing of 42 Per Cent of Grain: | BUSINESS VOLUME © ([ouzoukway By Wiliams / IOWA IMPRESSED BY NORTH DAKOTA open the suit bid by the partner of Cevine Exhibit at Neighbors’ Fairs Give New Views, Says =~ | Publicity Mian Fargo, N. D.,, Oct. 27.—The north- or\ace, king, queen, ten x, open the| ward match of the coro belt into Remember that in no trump,| North Dakota; the rapid development when you open with an ace it asks | Of diversified agriculture in the state; our partner to his hignest card, | the good H ee Oy ten | Pared with other states, and the idea 3 2 i ¥ 3 z 3 E. he : i, eked po ge4 aepeseze 2g oSe 0 eeee.8 BS i g E i 3 § g 3 i fa 3 z will 9, 8, but business conditions as com- that North Dakota is a land of healthful climate and sunsiine—these facts and @ score of others impressed Iowa farmers deeply, states T. W,,* Thordarson, ci:cctor of correspond-* ence and extension courses at North Dakota college, who recently returned from @ tour cf the tall corn state asp > blicity me.: for North Dakota. wil campaign was launched in Iowa this summer by for- mer Governor J. M. Devine, commis- sioner of immigration, to counteract the harmful publicity North Dakota in en Abandon Proposal to Check Up on ‘Dates’ J they were snowed in seven months of they were snowed in seven months of summer.” As he walked away hey turned around and added: “But —y Minneapolis, “date checking” co-eds living other Oct. 27.—()—The system, proposed for at sorority houses and until a better plan could be found. voted Ti, Oct. 27.—(?)—The of John Preston for the slay- ‘The house presidents down¥ the proposal last night. It had been Btoposed by representatives of the ‘Women’s Self-Government associa- ° supreme court today upheld the con- eae perros {n accordance with the provisions of Section 975 of the Compiled Laws of 1913, I, A. C. Isaminger, County Auditor of Burleigh County, North Dakota, do hereby certify that the within and following is a true and correct list of initiated ( measures and of the persons whose names have been certified to me, by the Secretary of State, and the County Canvassi ng Board, CERTIFICATE OF NOMINATION ~ to be voted for on Tuesday, the fourth day of November, 1930. Dated at Bismarck, North Dakota, this 15th day of October, 1930. (SEAL) Name of Office Representative in Congress— Names of Candidates REPUBLICAN 2nd District [AS HALL Governor GEORGE F. SHAFER |__ Bismarck Lieutenant Governor _|___ JOHN CARR [Jamestown Secretary of State ROBERT BYRNE Arnegard State Auditor ~~~~~~~+(| JOHN STEEN Rugby State Treasurer BERTA E. BAKER Glenburn Attorney General [" JAMES MORRIS |__ Carrington Commissioner of Insurance [__S. A. OLSNESS | Sheyenne Commissioner of Agriculture | JOSEPH A: KITCHEN Sentinel Butte ] and Labor er Name of Office Judges of the Supreme Superintendent of Public Instruction | LL RR. Commission |___C. W. McDONNE i nl ER Representatives—27th District GORDON COX Bismarck | MARTIN J. OLSON, JR. Driscoll J. M. THOMPSON Name of Candidate BERTHA R. PALMER A. E. THOMPSON Kensal ! Wilton Bismarck Jamestown Bismarck Washburn County Superintendent of Schools MARIE HUBER MADGE RUNEY Bismarck | itate’s Attorney | Bismarck [County “Judge f is |, together with their post office addresses, all of whom have complied with the provisions of law, as the Nominees A. C. ISAMINGER, L. A. SWANSON x LAURA I. WAHL A.C. PAGENKOPF “\ROBERT W. ALLEN | Forman —ss—‘CSSCSC~dCS~<CS~S:tCS~S~S~S Pe ee ee “T__HARRY LASHKOWITz __ Fargo : ! ay NO-PARTY NOMINATIONS GEORGE S. RE cutee Mecwna nikon Sheriff ALBIN HEDSTROI Bismarck |County Surveyor ; JOSEPH KELLY Bismarck | ‘Auditor | ALTA B. HERMAN ‘Bismarck \County Coroner | A.C. ISAMINGER * | Bismarck | _ | | | | | ] Bismarck ‘County Commissioner— | | | | CLAIR G. DERBY | Third = Dickinson Name of Candidate ‘Address Name of Office ORMAN FLOW * Bismarc FRED SWENSON |_ Bismarck