The Bismarck Tribune Newspaper, February 3, 1931, Page 2

i 1990 BUSINESS YEAR 1S DECLARED ONE OF LEAST SATISFACTORY December, According to Frank Greene, Was Miniature of , Entire Twelvemonth ! Washington, Feb. 3—The year 1930} is characterized as “one of the least satisfactory periods in American! trade and industry” by Frank Greene | in his year-end review in Nation's! Business, published by the Chamber | of Commerce of the United States. | December, he adds, bringing new lows was @ miniature of the entire | year but sharp rallies in some con- | ditions brought a somewhat cheer- ing upturn at the very close. “December, 1930,” he says, “saw still | lower levels of stock prices and of commodities, the 15th consecutive | monthly decline in commodity-price | Independent Concern Needed to; index numbers, a very large, perhaps @ record, monthly total of bank sus- pensions and a record month in bank- ing liabilities. | “There was @ further shading off; of industrial operations, with ex- tremely low figures for iron, steel and automobile production. Wholesale and jobbing trade showed more than | @ seasonal loss and the total value of | retail trade was down as compared with the year before. This latter showing, however, was balanced by the fact that lower prices or a shift- ing of demand from more expensive to cheaper lines had resulted in as large or larger volume than a year ago in some, if not all, areas. “It might be well to recall that, 1930 was the direct heir of a number | of troubles descending to it from| 1929 but it experienced also enough | woes to give it permanent rank} among the least satisfactory periods in American trade and industry. | Having seen the actual financial storm of 1929 skillfully handled by the New York banks and the Federal reserve system and having witnessed the business intereste of the country, at the call of President Hoover, rally- ing to the work of rehabilitation and | repair, the country entered 1930 with | good deal of confidence. j “After the middle of April, it be- | came evident that the country was in; for a hard time. The drastic decline | in prices of all kinds in the second! quarter was like a curtain raiser for | the drouth, which heavily reduced | production of animal-feeding crops! while not greatly injuring cereal crops | and other staples. One of the in-| heritances from the year before be- | came a law in June when the Turiff | Act was passed and signed. The last | half of the year saw the ralies in} prices of all kinds lose in power. and the usual fall buying :.ovemext did not measure up to aniicipaiions. Nor did efforts of the Farm Board to; maintain wheat and corton prices | prevent a steady declir: in the two) staple crops. | One old traditior. of the stock mai ket, tha: prices must breax through | panic lows, found confirmation in | June with the fall of railway stocks below November 1929 averages and | with the recording of new iow leveis} of industrials in October. “The year conjl>tely missed the million-a-week carloadings of 1929) and preceding years, the r2duced | tonnage finding reflection in a re-| duction of 13.5 per cent in carload- ings, 15 per cent in gross receipts and | 31 per cent in net railway operating income. “Due to the drouth, crops like corn and hay, most of which are fed on! the farms, fell off while wheat, oats, | barley and rice, which must markets away from the farm, slight changes. “In other words the mid-country farmer had deficits in higher-priced | feeding crops but a surplus for sale of things affected by low world prices. Cereal yields decreased six per cent in quantity fror: 1929 but dropped 31 per cent in value. The total value of | + all crops was 27.6 per cent below that | for 1929 and the smallest since 1921. “Crops as a whole were reckoned as bringing about half the money they did in 1919. Some of the marked | disparities in yields and values were in cotton which, on a decrease of 3.9 | per cent in yield, fell 44 per cent in| value; tobacco, which lost less than one per cent in yield but 23 per cent in value; potatoes, which gained less than one per cent in yield but lost 30 seek | showed | i | See Woman Acrobat | Fall to Her Death | Detroit, Feb. 3.—()—While 10,- 000 children watched, Catherine Solt, 34, trapeze artist, fell to her death Monday at the matinee performance of the annual Shrine circus here. Monday, when Mrs. Solt leaped from her trapeze toward the out- stretched hands of her husband, who was suspended from his own* trapeze, the timing was faulty and Solt missed his wife's wrists, seizing only her fingers, he held her for a moment, then his hold broke and she fell 30 feet to the heavy net. Her skull was frac- tured. The youthful spectators, guests from the city’s homes, did not realize she had been seriously in- jured. LEE RECOMMENDS CREDIT COMPANY : Meet Competition, Farm Group Leader Says Minot, N. D., Feb. 3.—(4)—Creation of an Independent Credit corporation to meet competition arising from Co- operative Terminal Marketing asso-/ ciations and line elevator companies |taking grain in storage and making ‘advances to individual storage tickets {was recommended for the serious {consideration of the Farmers’ Grain | Dealers’ association in the annual re- port of P. A. Lee, secretary, made Tuesday at the opening of the three- day convention here. This competition, Lee pointed out, is new to farmers and independeni. elevators who may not desire to af- filiate with either and create an ex- ira financial burden on an independ- ent commission firm which is in the practice of financing its couniry ele- vator accounts. He urged, however, as a further explanation of the proposal that if a number of farmers and independent elevators agree on incorporation of such credit corporation, that action is not to be construed as an attempt to displace any existing credit facili- ties, but rather to afford grain deal- ers with which to meet this competition and at the same time to permit ele- vator firms or dealers to consign grain for sale in terminal markets to any one that he may desire, and with no obligations. ‘Cafeteria’ System Of Court Is Planned Evanston, Ill, Feb. 3—()—Evans- ton is going to adopt a “cafeteria” | system for minor infractions of its traffic laws. Prices for each type of violation} will be fixed in advance and the sen- sitive motorist will have nothing to do but walk in, pay his fine to a clerk, and walk out without seeing the judge. The “cafeteria” system is designed to speed up disposal of such cases. Of course if the accused motorist wants to plead not guilty he may do so and come back later for trial. N. D. Pioneer Dies In Glenburn Monday Minot. N. D., Feb. 3—(#)—John Bohnholzer, 76, who came to Dakota territory in 1883 and has lived in this vieinity continuously since that time, died Monday at Glenburn, where he has been living with his son. The body was brought to Minot and burial will be made here. Funeral arrangements have not been made. Bohnholzer, when Ward county was organized, became the first probate Judge, maintaining his office at his claim home. Lansford Woman Is Facing Court Count Minot, N. D., Feb, 3.—()—Mrs. In- ‘an opportunity to secure f.nances | SHEEP LEAD ALL STATE LIVESTOCK IN 1930 INCREASE i | | enon | Wool-Bearing Animals Number 814,000, Compared to 720,000 Year Ago All cattle on farms in North Da- kota have increased in numbers from 1,270,000 head Jan. 1, 1930 to 1,347,000 Jan. 1 of this year, a gain of six per cent, and sheep now number 814,000 head compared with 720,000 head a year ago, according to the Jan. 1 live- stock report of Ben Kienholz, federal ecto! statistician for North Dakota. In contrast to gains in numbers, the Jan. 1 value of both cattle and sheep, as well as of all | other classes of livestock, is much below that of the last two years. Sheep show the greatest drop in value. A year ago they were valued |at at $9.70 per head, but are now down to $5 per head. The total value of all livestock on farms of the state has dropped from | $113,699,000 Jan. 1, 1930 to $85,474,000 this January, a decrease of 25 per j cent. ‘The number of hogs on farms Jan. | 1, 1931, is four per cent greater than | last January, but they are valued at | approximately $1,000,000 less than the smaller number of one year ago. Horses show a decrease of four per cent and now number 570,000 head as | compared with 594,000 head a year ago and 600,000 head two years ago. In 1920 North Dakota farmers owned 856,000 head. The value per head has decreased from $52 to $44. Sheep have shown a remarkable ‘increase in numbers since 1925, when 311,000 were on the farms of the state. The total value decreased from $6,994,000 in 1930 to $4,065,000 Jan. 1 of this year. A four per cent increase in the number of milk cows two years old and over indicates 526,000 on farms Jan. 1 of this year as compared with 506,000 last year. The value per head now is placed at $50 or $23 below the value @ year ago. A decrease in milk heifers one to two years old may in- dicate the beginning of a period: of contraction in the dairy industry. |\Dickinson Has Turned | Hands of Clocks Back } Dickinson, Feb. 3.—Hands of Dick- insan clocks were turned back an hour at midnight Monday. Official announcement cf the re- turn to mountain standard time zone was made by Mayor William Kos- telecky and it went into effeci {throughout the city immediately. j Dickinson is one of the few cities j west of the Missouri river which set its clocks back, other vicinities hav- ‘ing held to the old time when the | change was first made two years ago. Confusion was evident here Mon- {Gay when business places opened and jwhen school was called. Some per- sons observed the new time, others the old. The change now places the Slope district back to normal, towns and railroads operating under the same time, | ADVISES MORE CANDY Newark, N. J., Feb. 3—(P)—/ dvice jto business women by Jack Dempsey: | \Eat more candy and smoke less. He; has informed Miss Elizabeth Heller,| chairman of the Junior Leaguc; Emergency exchange, that such a course would improve figures, and if a few ounces should be gained it would be more in keeping with the {styles the way they are now. Chocolate Coated Tablets Just as effective as the liquid medicine. Sold by druggists i BISMAKUK TKIBUNS > {Has More Success | Finding Planets — Pasadena, Calif. Feb. 3—(P)— Dr. Charles E. St. John, astron- omer credited with making one of four proofs of Einstein’s theory of relativity, “asked himself a question Monday he could not answer. “Now, where in the dickens,” he pounded, “Did I park my car?” ‘The problem presented itself as he emerged from a store after a 15-minute shopping trip. From a period of study he formulated the hypothesis that his car had been stolen. Police, however, exploded the thief theory in less than haif an - hour, finding the motor car parked just as Dr. St. John had left it two blocks from the store. THREE MEN SHOT ° DEAD IN ST. LOUIS One of Machine Gun Victims Identified as Well-Known Business Man East St. Louis, Ill, Feb. 3—(#)— Investigators Tuesday strove to sort tangible clews from a maze of rumors in their effort to pierce the mystery surrounding the slaying of three men, one of them a well-known business man, apparently by machine guns. The bodies, each containing several bullet wounds, were found in Lovers’ Lane, three miles east of Granite City, late Monday. Subsequent in- vestigation fixed the scene of the triple slaying at 330 East Broadway, East St. Louis, and the time early Sunday morning. The’ place is said by police to be a hideaway for gang- sters, St. Louis police said Monday night two of the victims, J. P. Carroll, connected lately with the opera- tion of a handbook agency here, and Theodore Kaminski, 24, also of St. Louis, a former chauf- feur, recently had been engaged in the East St. Louis “kidnaping racket.” The third victim was David Hoffman, 39, who conducted a woman's apparel store and pawnshop here, and is said to have sold gangsters guns at times. Fargoan Arrested ' On Assault Count Fargo, N. D., Feb, 3—(?)—Gust | Klink, Fargo, was held in the county jail Monday on charges of assaulting his former wife. ‘The offense occurred Jan. 23, ac- cording to the complaint. Klink was arrested at the time, but was released soon by order of Judge A. T. Cole. He was rearrested and is being held in default of $2,500 bond. His wife alleges he came to her home, chloroformed and assaulted her. 7/ ONSTIPATED? ‘Take MR—NATURE'S REMEDY —tonight. Your eliminative ‘organs will be functioning prop- erly by morning and your con- stipation will end with a bowel action as free and easy as na- ture at her best—positively ne pain, no griping. ‘Try it. Mild, safe, wegetable— FEEL LIKE A MILLION, TAKE Treat your scalp — LydiaE. Veet Ce \grid Griffith, formerly clerk in the; |postoffice at Lansford, was arrested Tuesday on a charge of embezzlement. | | Deputy United States Marshal Robert per cent in value; wheat, gained five per cent in yield but lost | arraignment. 38 per cent in value, and corn, which; Peculation of $308.18 is charged t lost 20 per cent in yield and 32 per|Mrs. Griffith, who has not been in, cent in value. In addition, both cot-/the employment of the postoffice ton and wheat suffered from the since the alleged shortage was dis- which | Larson brought Mrs. Griffith here for | pressure of record visible supplies through most of the year. Rockne on Program | Of Automobile Show St. Paul, Feb. 3.—(P)—Knute Rock- ne, Notre Dame football coach, was) on the program of the annual North- west Automobile show Tuesday. | The Ramblers’ mentor was to ar-' rive Tuesday and address the throng at the exhibit Tuesday night. *. Attendance at the show has beer. increased by a growing number of out-of-town visitors, scores coming to the exposition from the ne‘ghbor- .ing states of Wisconsin, North Da- kota, and South Dakota and Towa. The attendance Monday night was} “10,261, slightly below that of the cor- responding day year. Officials attributed this in to the com- peting attractions of the Minnesota- Iowa basketball game and the King Tut-Billy Petrolle fight. “U Professor Judges - South Dakota Poems t by J. C. Lindberg, director of me y pasion ons at the Northern poems the Pel ry ai South Dakota State Poetry Mag- wagine’ The magazine offers prizes jifor the best poems sppearing in each Dr. Beck is widely known in Ice- for his original poems in Ice- i These have appeared in ‘Icelandic. publications on beth of the Atlantic. -A volume of | his Icelandic poems was published in uipeg in the fall of 1929. covered some time ago. arolina Woman Lost 47 Lbs. In 3 Months and Feels Years Younger “I have been taking Kruschen Salts for nearly 3 months. I haye ‘continued taking one teaspoonful in warm water every morning. I then! was always | weighed 217 pounds, bothered with pains in my back and lower part of abdomen and sides. “Now I am glad to say I am a well woman, feel much stronger, years younger and my weight is 170 pounds. I do not only feel better but I look better, so all my friends say. “I shall never be without Kruschen Salts, will never cease taking my daily dose and more than glad to highly recommend it for the great good that is in it.” Mrs. 8. A. Solo- mon, New Bern, N. C., Jan. 1930. “P, S. You may think I am e: t= ig by writing such a long letter but truly I feel so indebted to you for putting out such wonderful salts that T cannot say enough.” A bottle of Kruschen Salts that lasts 4 weeks costs but 85 cents at Gervice drug Finney’s drug store, store, Hall's drug store and the world over. Take one half tea- spoon in a glass of hot water every before breakfast. Attention to diet will help—cut out Pastry and fatty meats—go light on potatoes, butter, cream and sugar— the Kreschen way is the safe way to lose fat. Try one bottle and if not joyfully satisfied—money back.—Ad- vertisement. " FOR HEAD | 3i" ST. 7™AVE, be eecananrind 1200 Rooms each with, Bath ond Servidor dress your hair —in one operation. Keeps hair in place, adds luster. Fire may ruin your plant, but taxes never stop. Let the Use and Qccupancy policy of the Hartford Fire Insurance company pay your taxes until your plant is rebuilt. Be Insured Right Call on this agency to go over your plant and consult with you as to the proper insurance you need for sound protection against Jess. You are under no obliga- tion to buy in bringing your problems to this Hartford agency. MURPHY “The Man Who Knows insurance” 218 Breadway Phone 577 152 U GRADUATES ~ GET TEACHER JOBS = 90 Were Located in State, 29 in Minnesota, and 29 ‘Elsewhe: Grand Forks, N. D., Feb. 3—Salar- | ies paid to teachers who obtain their Positions through the recommendation committee at the University of North | | Dakota aggregated $216,875 in 1930 j according to Prof. C. C, Schmidt, di- rector of education and practice teaching. Graduate teachers from the uni-/ versity are represented in all the| larger schools of the state, and the | teaching staff in some of the med- ium-sized high schools is made up en- tirely of university graduates, Profes- | | sor Schmidt said. | A report compiled by Professor | Schmidt shows that in 1930 over 90 graduates were located in North Da- | kota, 20 were sent to Minnesota, and | 29 “elsewhere.” Those listed under “elsewhere” are distributed through- | out the United States and the Ha-/ waitan Islands, | The recommendation committee | was called upon to supply teachers | for 376 positions for’ 246 schools, | principally in the Northwest. Of this | number, a total of 152 jobs were filled, | although the total number of recom- mendations sent out to stydents| wanting positions amounted to 1,760. Former Clerk of | Court Is Arrested Wahpeton, N. D., Feb. 3—(7}LJ. Walter Green, for 10 years clerk of | county court here, was arrested Mon- day and charged with embezzling ap- proximately $7,500. Arra: Monday afternoon, he pleaded not guilty and was held for trial in the district court in March. a jtaken from sums for fines, costs and |, He expects to furnish bonds for | strengthen its court test of the pres his release. ge dent's authority to retain the commis- In an action filed by State’s Attor-|sioners in office. i Arnold ©. Forbes, Green is) The nominations were of Chairmar’ charged with specific embezzlement!Smith and Commissioners Garsaud of $200 on three counts. Other counts | and Draper. will be filed later, Forbes said. i Green, formerly of Hankinson, was) Indicted Man to Be Sta at the last election by John | Sen t Back to Fargo ‘The money is alleged to have been ase Philadelphia, Feb. 3.—)}—United States Commissioner Patterson Tues- day ordered Ivan Saxon, phia, to be taken to Fargo, N. D., to) answer to an indictment charging | fees in criminal actions. } Forbes gays the shortage was dis-| covered by the state examiner's audit | Jan. 15,wand is alleged to date back Pea ‘ % ‘ion with Soieelee =e te aoe * | liquor conspiracy there in July, b Thinks Mob Planned | _ 4t.a- hearing two weeks.aca, Saxon | | was identified by federal agents as & To Lynch Father, TOO) man under indictment in Fargo. He 7 luced several witnesses who testi- | Farg6, N. D., Feb. 3—()—That the) he was in Philadelphia, employed mob that. lynched Charles Bannon a8 a peanut salesman, at the time of | intended to hang the youth’s father the alleged conspiracy. Tuesity, how- also is the belief around Watford | —] City, according to O. W, Hagen, presi- | —=—————— lent ‘of the, Northwestern “Fotato|"Mhe New. Allenru Growers’ Exchange who was in Fargo Tuesday costed tho aber in| Week-end Treament taking Bennons body down after the, «=©F'or Rheumatism lynching and also helped’ to’ find the — bodies of the Havens the night Ban-| rigay Night Till Monday Morning non confessed.” ‘ | Prien Gone—Agony Gone-Back “There were two nooses on the On the Job rope with ete Bannon was ena: ed,” Hagen said, “one at each end.; 7 Evidently the mob plannéd a double’ LARGE 8 OZ, BOTTLE 85e lynching and.the belief is that young j er 3 Bannon's plea for his father's lfe/It Must Do As Advertised Or saved him.” Money Back Says Hall's 3 Drug Store Committee Acts on | Here's the swift modern 48-hour 3 Commissioners, way to get the uric acid out of your | joints'and muscles and overcome Washington, Feb. 3—()—The sen-| Rheumatism, Neuritis and Sciatica. ate interstate commerce committee! Start to’ take Allenru as directed Tuesday reported back to the senate when you go to bed Friday night— without recommendation the nomina-/| stay in bed as much as possible till tions of the three members of the! Monday morning—Allenru acts dou- power commission whose names Pres-| ble fast when the body is relaxed and ident Hoover has refused to return to! rested. the senate. A large 8 oz. bottle of Allenru costs The action was unanimous. It was/ but 85 cents at Hall's drug store or a preliminary move to have the senate | any live drug store in America and i formally reject the nominations of; it must do as advertised or money the three commissioners, in order to} back.—Advertisement. | i? ‘Fargo without further delay to test the charges. “Ta-ra-re- ptt number. Henry J. pray author of & the world, has taken pen in write “Hard times will soon Some of the chorus runs: he was willing to go to wer, he said NEW SONG WRITING The 3. writer New York, Feb. 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