The Bismarck Tribune Newspaper, November 12, 1930, Page 2

r i 1 = THE BISMARCK TRIBUNE, WEDNESDAY, NOVEMBER 12, 1930 ‘Change SEASONAL STIMULUS | AND BASIC FORCES + OPERATINGON TRADE Less Disposition to Expect Sud- den Turn for Generally Better Conditions COPPER BUYING INCREASES Cotton Textiles Also Gain From 3 Resistance to Down- ward Trend A week shortened by election day had not been counted upon to bring commercia: movements of special significance, and the fundamental aspects of the general situation are essentially unaltered, says the weekly review of trade issued by R. G. Dun and Company. It is possible to single out some conditions of a more favor- able character, but these encouraging indications mainly reflect a response to seasonal influences, and do not obscure the lack of a broad trade re- vival, says the review. With a wider recognition now of the far-reaching extent of the econo- mic transition, there also is less di position, even more than a year after the beginning of the readjustment, to expect any sudden or sweeping turn for the better. Time is demonstrat- ing that recovery from a virtually worldwide major recession in busi- ness is a process encountering many obstacles, and that it cannot come otherwise than slowly and not in all quarters simultaneously. Both weekly and monthly compila- » tions have shown plainly that the fall of commodity prices, which already has gone further than had been commonly anticipated, has not yet » been checked, and this obviously acts * asaretarding factor. Stabilization in that-field is much to be desired, but pressure to sell continues to be the dominant force in most instances and declines in wholesale quotations still largely outnumber the advances. Copper and Textiles Improve i Where resistance points apparently « have been reached, as in copper and ‘#otton textiles, specifically, buying has increased noticeably and the status of these markets has been strengthened. At some period, simi- jar phases should develop more gen- erally, and the closer alignment of production to the needs for actual consumption is working toward this end. Basically, changes are in pro- gress which are necessary to an emergence from the present repres- sion of activities, and their benefi- cial effects, although scattered now, id ultimately broaden in scope. me current stimulation of busi- ness results from colder weather and the starting of Christmas. demands, and cases have been cited of meager stocks of goods requiring replenish- ment as purchasing has gained in vol- ume. Thus far, however, statistical records have shown little or no de- viation from the trends of earlier months this year. Brokers’ Loans Again Reduced Some striking changes in brokers’ loans have occurred during recent » weeks, with the trend all in one di- rection. For six consecutive weeks, the New York Federal bank has re- ported declines in loans on brokerage account, and the combined decrease * — over this period has reached the not- ably heavy amount of $768,000,000. > . That reduction has carried the total of such loans down to $2,454,000,000, which is only $45,000,000 above the lowest point ever touched, which was around the middle of May, 1926. When comparison is made with the pheno- menally high level attained before the stock market debacle last autumn, it is seen that the falling off in brok- ers’ loans has been $4,350,000,000. ‘That exhibit, of course, reflects a re- markable reversal of the speculative Position. Failure Totals Remain High «») The commercial mortality, as re- “flected in the insolvency returns, con- level. ~--tinues at an unusually high {.--‘That is true both of the number of failures and their liabilities, and is “seg condition which has prevailed all through this year. In no previous ‘October have defaults in the United ~.fStates equaled last month's total of 2,124, although the rise over the ‘September aggregate was less marked »*~than has occurred at this season in wom Warious other years. Two instances when the October increases were ap- preciably larger were last year and also in 1928, but failures in those Ss». years Were much less numerous than ~- was the case last month. The Octo- ‘ber indebtedness of $56,296,567, while »-exceeded in June, March and Janu- “ary of the current year, was excep- tionally heavy. It is interesting to ~~ mote, however, that fully 56% per : ew -cent of last month’s liabilities was Supplied by 83 insolvencies of unusual size, leaving an average of Jess than $12,000 for each of the remaining de- faults. Sustained Dry Goods Trading In a general business situation wdnarked by many complexities, the “-tecent distinct turn for the better in sensome divisions of textile trades has ‘attained considerable prominence. “"totton goods, but some other sections |, {vf pig iron in this country fell to 69,- | her 831 tons in October. At no time since | ‘invbf the markets also have reflected more or less stimulation of activity. While recognizing the seasonal chai “acter of the gains, yet merchants Shave been encouraged by the upturn, -and sentiment has been strengthened. ‘The fact is being stressed that better ~values now are available on cottons, *“woolens, silks and some other goods ~ than has been true for many years, J¢.and this is being counted upon to give =» additional impetus to demands. st Iron Output Again Lower ‘| With its sixth consecutive monthly . Gecrease, the daily average production _sgrag 1924, according to The i Age, has so small a figure been xecorded. <a. A yield of 127 bushels of oats per -acres was achieved on the farm ot eye Aseac Isuacson, a dairy farmer near s Nece | \ | OUT OUR WAY ! | | | 1 NOW LISSUN, WORRY WART ) NONE O' THAT SARCASTIC NUSS , NOW! THATS TH SIDE YOU RUN YOUR HEELS DOWN ON ANTI MaADE EM HIGHER ON THAT SIDE SO ,1N ABOUT A HEAR, THEY'LL BE LEVEL — WE HAFTA PRACTICE ECONOMY - KEEP WELL ,T wisrt OO WOULON' PRACTICE ON ME SO MUCH= YOUR ECON MY MAKES A FELLER YNocK-KNEED 1‘ BEIN' BOWLEGGED. By Williams im FROM TMLLAMS, ae 9 BY NEA SERVICE, INC, | i | Article No. 49 ‘open against a suit declaration. By WM. E. MCKENNEY | Trumps are a bad lead, as it would; (Sceretary American Bridge League)|be leading into the declarer’s! The holding of certain cards rome-| strength. He hates to surrender his times forces us to open a doubleton.|ace of hearts so early in the game. |e doubleton lead in today’s hand is| Leading away from the king of dia- the only one that has a chance of de-| monds with the bidding as it was feating the declarer's contract, but it| might lead into the ace, queen, so takes accurate card reading on the, finally the doubleton club is selected part of the partner to defeat the! by West for an opening and the jack hand, and likewise on the part of the is led. Dummy plays the deuce. declarer to make his contract if op-| Before playing to this trick East ponents slip. ‘should endeayor to read his partner's ‘hand. Holding the ten of clubs, he Plies d knows partner has not led from the | ara |Jack, ten, Hine or the ace, jack, ten, ers meee EAST therefore the club lead is either a S-97-4 ¢_x.g5.3.2 S—10-6 singleton or a doubleton. If it is a Lee ig vary doubleton why has paftner opened it in preference to his long suit? He Lape pecs might be holding the ace of hearts . THI >, and the king of diamonds four times eel Ge! x _— ae ‘not wanting to open either one, and een therefore the doubléton was selected. 0-05 If East carelessly plays the six C—A9-4 aq | Spot, the declarer also will rest the same way and allow West to hold the The Bidding | trick with his jack. There is nothing At auction South, the dealer, would|that West can do to defeat the de- buy the contract for one spade, while|clarer's contract as two losing hearts at contract South opens the bidding|can be sluffed on the long clubs in with one spade, North goes to two| dummy and the declarer lose only one spades, showing normal support injclub, one heart and one diamond. trump, at least one and one-half; The real play for East, to make is tricks, and requests partner to keep|to cover his partner's jack with the the bidding open. This gives partner!/ queen. This will force the declarer's @ chance to show another suit or to get into three no trump before the contract gets too high. South -takes the declaration to three spades, show- ing a five-card spade suit and just ace and Bast will still have clubs stopped with the ten spot. If the declarer Allows the queen to hold, the queen of hearts will be led by East, which will stop game. If the declarer The improvement has been mainly in jagreed his about a minimum original bid. North, carries the declaration to four spades, | which closes the contracting. The Play West's hand is rather difficult to wins the trick with the ace of clubs, he later will be forced to lose one club and three hearts, which will de- feat his contract. (Copyright, 1930, NEA Service, Inc.) led to disgrace and death for the Mo- hall man. Few of us would ban cards merely because cards are used as a gambling device, yet the extremists is logical in contention if one does not learn card games will obviate one route by which gambling is widely indulged in. The comeback a man or woman im- ‘ Wilton, N. D. Editor of The Tribune: I wish to call your attention to the | enclosed editorial, which was printed in one of the state newspapers. I think it should be reprinted. | will do so in wagers on sports or other mediums of chance has some truth; we presume anyone bound to gamble can make occasion wnen none offers, nevertheless cards and other purely gambling devices proffer con- stant temptation and opportunity. Laws interdict slot machines, pools and lotteries to limit temptation to a minimum; we have gone silly in that direction by decree a church raffle is gambling, yet permit the operation of gambling hells in every large city in the country, our stock and grain ex- changes. The extremist who contends the safe and sane attitude all gambling is wrong, in its entire range from a pet- ty hazard at bridge to a “flier in stock or wheat,” is right from any angle one may be inclined to view games of chance. Not all addicts to this vice will go the entire route. Like the oc- casional tippler, the vast majority take but an occasional splurge or in- dulge in a little game of poker at pet- ty stakes for a pastime, but as a creeq or attitude of moral rectitude the ex- tremists who decrys and abhors gambling is logical and justified, for gambling is @ violation of all just principles and religion. Indulged in moderation its bad effects may not be apparent, but it can lead to poverty, crime and death. U LABORATORY HAS STRANGE ANIMALS Zoology Department Gathers Fishes, Reptiles, Bugs and Insects for Display Grand Forks, N. D., Nov. 12— Strange living fhings are to be seen on the campus at the University of North Dakota. These specimens are kept in glass or in wire cages in the zoology laboratory in the chemistry building. Rare specimens of unusual interest are the siren fish, which is lead grey in color and grows to a length of two feet and inhabits the swamps and ditches of southern United States, and the chimera fish, which is named after the ancient monster of the sea. Animals from home and foreign countries are on display. Little white- footed mice peep out from their house of cotton balls to gaze across at their neighbors; the garter snakes lazily accept thé comforts of private quar- ters. Other visitors are the tarantula or banana spider from Central Ameri nated with Sincerely, pregnated wi he urge to gamble FRED W. CHRIST. The editorial follows: MOHALL MAN PAID THE PRICE | A recent happening at Mohall, in| which a citizen of 50 years lost his | life and left disgrace on his wife and | grown children, proves conclusively what we are pleased to term the ex- tremists are always fundamentally right, justified. In what we are prone to allude to jokingly as a “little game of poker,” a quarrel arose that led to an inhuman beating. Aghast at his condition and the publicity he must face later, the evidence would go to show he had recourse to poison to “end it all,” though physicians agreed his injuries might have re- sulted fatally. At least one physician condition could instigate @ mental agony sufficient to lead to suicide. So we have the spectacle of @ man who was deemed a good citizen and father brought to death in dis- 5 grace to himself and family through indulgence in a “little game of poker.” There is evidence of an extent of \drinking. but gambling and tiquor al- most invaribly go together. Few men past middle age but have at one time or another in life in- jdulged “in a little game of poker.” {Few but have at one time or another Participated in petty gambling ‘on! games of sport. We have tens of thousands of, reputable men and| women in this nation who daily gamble for stakes, big or little. at the (popular game of bridge. We think {nothing of it; it is quite respectable |and deemed only a harmless diversion. An extremist who frowns on petty gambling is a crank, narrow. provin- cial. bigoted. so regarded by the most of us. Yet this same pelty gambling did he actually have? STICKLERS @ 21-inch alligator from New Orleans, WHILE riding with his. Uncle Henry, Jimmy asked, “How many pigs have you?” “Well, you figure it out for yourself,” replied Uncle Henry. “If | had as many more and half as many more and seven besides, | would, have 32.” How many (Stickler Solution on Editorial Page) tree frogs from New Hampshire; box turtles from Texas; spoonbill or pad- cle fish from Mississippi; and cock- | roaches from Chicago. | } Other forms of animal life exhibit- ed are snakes, insects and fishes com- mon in the northwest. Besides these living forms, there are skeletons of j Various animals like the monkey, bat feat dogfish. Various sea fish end t” ‘three Ages of A Queen 2. different kinds of snakes are preserve ed in solutions kept in glass jars. FEEDING OF WHEAT | EXCELS PEGGING Farmers Union Says It Will Re- move Twice as Much Sur- plus as Board Buying The feeding of wheat to livestock, of totals 125,000,000 bushels, as has been estimated by Nat Murray, Chi- cago crop statistician and other ex- perts. will remove twice as much sur+ plys grain from the markets as the spectacular pegged price purchases of 1930 by the Grain Stabilization cor- poration for the federal farm board, |the Farmers Union Terminal associ- {ation says in its weekly agricultural T/ARMY IS EXPLAINED TOKIWANIS BY HOSS Fort Lincoln Captain Tells Luncheon What Various Branches Signify luncheon, Tuesday noon, by Captain C. A. Hoss, of the Fort Lincoln bat- talion, who was the speaker of the Gay. The club at this luncheon took up the matter of entertaining the high school football team as a mark of ap- preciation for its seasonal achieve- ments and the entertainment com- mittee will work the proposal into one of the early programs. ‘The action of the directors in de- ciding to sponsor a Boy Scout troop also was approved, and as a commit- tee on the December annual election, F. H. Waldo, Jess Melton and B. O. Refvem were named. Captain, Hoss said the first fact as to the army that must be understood is that the army is an organization The technical nature of the U. 8./(, army, and of modern armies in gen-|75.minimeter gun used so effectively eral, was described to the Kiwanis|in the World war by the allies. Also may gain ground, he said, but they cannot hold it. ‘The basic arm is the rifle with a bayonet attached, he said. Armed with this weapon, the spirit of closing in is instilled into the doughboy. However, the infantry is not confined to the rifle and bayonet, he said. It carries also the machine gun and the one-pounder, the latter to penetrate enemy tanks, and it also uses the 75- millimeter howitzer to shoot high and drop shells af TNT into the enemy area, Infantry also uses tanks. The artillery is a divisional force, ‘aptain Hoss said. To it belongs the the 9.2 inch gun and the howitzer. The air, service is divided into bombing, attack and pursuit planes. There has been some talk of mount- ing two guns on the pursuit planes, he added, but the increase in weight and. reduction of speed which is the desirable feature of this type is a ‘drawback. The captain also spoke on the use of gas in warfare. This, he said, can be projected in three ways: by planes, guns and tanks. Guests were Lieut. Gov. John W. Carr, Jamestown; Albert Hoiland, Fargo, The newest member of te club, John R. Hagen, manager of the 8. and L. store, was introduced. A-A-A-CHOO! ‘summary. “The Grain Stabilization corpora- {tion is reported to be holding 60,000,- }000 bushels of wheat,” the review says. “Wheat is proving popular as a feed for livestock. A carload re- cently was shipped to a point a few miles from Barron, Wis., to be fed to livestock. Within a few days farm- ers of the same community ordered another carload of wheat for feeding to livestock. Wheat has a higher feeding value, bushel for bushel. than corn and has been selling cheaper than corn much of this fall. © — “There has been an organized pro- gram of instruction and education in wheat feeding by the United States department of agriculture, the Fed- eral Farm board, the Farmers Na- tional Grain corporation and Agricul- tural colleges of several states, and farmers have changed their routine feeding practices. The feeding of wheat has increase in recent weeks as pastures now provide little feed for cattle. “Livestock farmers of the middle west and northwest have turned their meat-producing animals to gnawing heavily into the wheat surplus instead of the usual corn diet in @ larger vol- ume than ever before, in the opinion of federal and private crop statisti- cians, according to a recent survey made by the agricultural editor of a Chicago daily newspaper. “One of the conclusions of the sur- vey was that the shortest corn crop in 29 years is not bringing the high corn prices that had been anticipated, as it has been possible for livestock producers to substitute wheat at lower costs than corn, and that as a result the corn belt farmer will help the wheat “farmer in providing a resist- ance point below which wheat prices are not likely to drop.” Wilcox Defeats Dunn In Oliver’s Election Center, N. D., Nov. 12.—Burton Wil- cox was a winner over Robert Dunn for state's attorney in Oliver county's most interesting race last week. The vote was 649 to 505. Other ‘county officials elected fol- low: R. C. Stubbs, superintendent of schools; William T. Hammel, sheriff; Here are three rare pictures of Gio- Bulgaria. They show the young Ttalian princess during three ages of her girlhood. You see her above as ® demure school girl of 15. The cen- ter photo was taken only a year later, ‘but meanw! she -had put up her princess at the age of 19. PLAN POULTRY SHOW Hazelton, N. D., Nov. 12.—A poultry show will be sponsored here by the Future Farmers organization, with El- mer Brindle as superintendent. vanna, bride of King Boris and Queen |° hair. The lower picture shows the for one nation to enforce its will on} Berlin, Nov. 12.—(NEA)—There'’s an enemy nation. no excuse now for staying in bed aft- ‘The infantry, or doughboy, he said, er the alarm clock goes off and then was the basic branch, because it was|going back to sleep. A new German the branch to hold on when ground is|clock recently invented takes care of gained. He took issue with General|that, It has a novel device attached Mitchell, former head of the air)to it which, at the given moment, ex- forces, that the flying arm had taken | plodes a cartridge containing a pung- the basic place over the infantry,/ent gas. This causes the sleeper to cavalry and artillery. The air forces|sneeze himself awake. WHEN CHILDREN ‘HILDREN often cry for no apparent reason. Many times we can’t guess what is wrong. The crying may mean a touch of colic; the little bowels may be sluggish—or some other upset. It may mean any of the common little ailments that children suffer. To bring quick comfort to your little one, give a few drops of Castoria. Most upsets of children are soon soothed away by this pleasant- tasting remedy that children all love. In five million modern homes, Castoria' is a mother’s first thought when a child is out of sorts, feverish, cross, doesn’t eat right or sleep right. When bad breath, coated tongue, or languor tells of constipation. These five million wise mothers know that children should never be given stronger , medicines meant for the fully developed systems of grown-ups. Castoria is gentle—safe, yet always thorough and effective for a child of any age. It may be given to the tiniest infant for any little upset. When buying, look B. B. Coyne, auditor; John G. Light, treasurer; Louis Lehmkuhl, register of deeds; John F. McNulty, judge; Frank J. V. Kiebert, surveyor; H. C. Martin, coroner; C. F. Skubinna and H. H. Alberts, commissioners; G. Rei- ner, C. E. Wilcox and A. W. Reinke, assessors; Center Republican, official newspaper. SHE LOVED TO EA BUT WAS ALWAYS PUNISHED FOR IT Much of the suffering from so-called Repro retro acid-dyapeptia ca avoit i one Cot ow what thousands like Mrs. Rosa Carver have learned. This popular Kansas City, Kansas, woman, who lives at 3201 Cleveland Ave., says: “I suffered from gas and heartburn every time I ate pastries or cab! I became bilious, dizzy, constipated; had no appetite. i Sia ae tee yeas I ay ater i until a sample of ipe’s Diapepsin through a friend, I have gained eee yunds, and fe eat pastry, cal any- thing I please. At the first sign of discomfort I chew a tablet of Pape’s Diapepsin and the trouble is gone in moment. I recommend it to anyone with stomach trouble.” If you, too, suffer from sourness, gas, ‘belching, nausea, Readaches, dizziness, or pain after eating—either re larly or just at times—get a box of Pape's Diapepsin from your drug re. Then you never need wpry again about what you eat. 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