The Bismarck Tribune Newspaper, November 19, 1932, Page 7

+ j r bl e K 4 z a ‘ ' ‘ a | “< ay ~ ¢! be THE BISMARCK TRIBUNE, SATURDAY, NOVEMBER 19, 1932 Tribune’s Grain, Livestock and Market Report for Satur., (HARVEST RAINS IN SPECULATION SPIRIT AT LOW EBB DESPITE BUOYANCY'IN STOGKS List Drifts in Narrow Range During Early Trading But Stiffens At End New York, Nov. 19.—()—The stock market again found it a little easier to advance than to decline Saturday, ‘but speculative enthusiasm was at Pea ei low ebb. The list drifted in a narrow range during the earlier trading, but stiff- ened in the last hour, with several |Bet issues rising about 1 to more than 2 points. The turnover for the two- hour session, however, was only about Pi shares. The closing tone was rm, drop of 51,290 cars in the weekly re- Port of freight car loadings, the larg- est for any week since the period in- |! eluding the Labor day holiday, evi- dently prompted Short-covering in the late dealings. News of a character to influence the market was meager, although week-end trade and business surveys indicated the autumn improvement was being fairly well maintained, in view of the normal seasonal tend- ency at this time. With the gov- ernment taking up such matters as war debts and the federal budget, however, Wall Street appeared to be aking a watchful waiting attitude. Such stocks as American Can, American Telephone, Santa Fe and Union Pacific pushed up about 2/ points, and Case made an excep-| tional gain of about 3. U. S. Steel! and Consolidated Gas were among} issues up a point or so, It was the first time this week the! list had managed to close on the crest of a moderate rally. As mcas- ured by price averages, the list lost ground moderately during the week, but throughout the period, price movements had been of a rather in-| decisive character. } The market appeared to have been left largely in the hands of profes- sionals, and their efforts to whip up a little interest here and there at- tracted no following. FINANCIAL REVIEW i New York, Nov. 19.—(#)—Foreign debt difficulties crowded back to the| financial stage this week and Wall) Street, with the election scratched off the program, found action of the se- curity markets virtually suspended Pending a clarification of fresh uncer- tau.ties. ., Stocks appeared undecided as to just what course the international | debt matter was to take and adopted | the cautious policy of doing nothing. Price movements were mostly lower, but volume was too small to hold! much significance. Bonds were equal- ly dull. other commodities firmed. Markets had to face some isolated B banking difficulties, notably those in| Pittsburgh, a situation which seemed to have influenced currency circula- tion figures for the week. Also, the |Pe fact that business has slipped from its autumn recovery peak is apparent, and some hesitation is to be expected until it is seen just how far this re- cession will go. The stock market, inwilling to ven- ture beyond very conservative bounds, was uniformly dull all week. Divi- dend declarations, although on the whole favorable, had little effect on the general list. Gmission of the Coca Cola extra and of the Macy stock payment directed flurries of selling to those issues. American |S Telephone was quite uninspired by the ordering of a regular payment which had not been fully earned. gre ESS Livestock i SO. ST. PAUL South St. Paul, Nov. 19.—(#)—(U. 8. Dep. Agr.)—All livestock was offered in excessive supply this week especi- ally in view of the impending holiday when poultry will compete against Practically all other meats. Slaughter cattle worked 25 to mostly 50c lower and back to near the low point of the 5 season, steers and yearlings closing largely from $4.00-6.50, while choice long yearlings early had sold to $7.25. Beef cows finished at $2.25-3.00, heif- ers from $3.00-4.00, bulk all cutters at $1.25-1.75, medium grade bulls from $2.75 down, while vealers went into the close at a new all-time low of 3.00 or $1.00-1.50 lower for the week. Hog prices broke unevenly 20-40c on lights and butchers, sows ruling weak to 15c off, leaving the closing bulk on better 140-240 lb, weights at $3.00, while heavier butchers sold downwards to $2.70. Pigs cleared largely at $3.00 and packing sows turned at $2.25-2.50, a few to $2.60. Slaughter lambs are going into the close from 50-75¢ lower, better grade natives closing at $5.25-5.50, medium grades $4.25 down, throwouts to $3.00, slaughter ewes are unchanged, these selling from $1.75 down. Feeders and stockers opened to a strong 25¢ advance on better grades and maintained this at the close, bet- ter westerns selling over a spread of $4.50-5.50; the bulk turning on down to $3.00. Stock pigs wound up at $3,00, native feeder lambs at $3.00- 3.75, the latter two classes showing little change. CHICAGO Chicago, Nov. 19.—(#)—(U. 8. Dep. of Agr.)—Cattle 700; compared week ago fed steers and yearlings 50-1.00; lower; yearlings and light steers off mest; better grades all representative weight showing most decline; stockers ; strong to 25 higher; active on country account; fairly broad country move- meng tending to support common killers; old fat she stock unevenly .25- 1.00 lower; better grade heifer and mixed yearlings off most; only reli- able market centered on common grades, most killing classes and cutter cow; bulls 10-25 lower and vealers 100-150 off; choice weighty fed steers and long yearlings 8.10; strictly good to choice offerings all representative weights around "7.00 at close; selected Mon- tana stockers. sold up to 7.00; bulk * |Cer The ability of the list to ignore a \Grigsby Grunow Wheat lost ground, but some | Oni, extreme top srieny | New York Stocks Closing Prices Nov. 19 Adams Express .... 6% Air 56 1g 19% . Can ........ 54% Am. Coml. Al, (New) 22 Am. & For. Pow. jAm. Intl, ;Am. Loco, {Am. Pow, ;Anaconda Cop. jAtch. T. & 5. F.. TAtl. Coast Line {Atlantic Ref. Briggs Mfg. ..... Brunswick Baike Canadian Pac. Colum. G. & El. jComl, Sol. .... ‘Com. Southern 3 ‘Consol. Gas. 59. |Cont. Can 3544 Cont. Ins. 15% Cont. Motor . 2 Cont. Oil of Del. 6 ‘Corn Products 53% ‘Cream Wheat . 24% Crucible Steel 11% Curtiss Wright 2 Dia. Match .. 177 Drug, Inc. 35% Dupont .. 36% East. Kodak 55. Eaton Mfg. ee) El. Auto Lit 19 El. Pow. & Lt. 8 Erie R. R. .. 6% Fid. P. Fire Ins, 1544 First Nat. Stores .. 5135 Gen. Am. Tank 17 n, Elec. 165% en. Foods 25% General Mill 41 Gen. Motors 14% Gillette Saf. R Gold Dust . Goodyr. Tr. ib. Graham Paige Mot. Gt. Nor. Pid. Gt. West. Sug. Stand. Oil Calif. Stand. Oil N. J. ‘Stewart Warner Studebaker Texas Corp. . ‘Union Carbide . Union Pacific United Aircraft Unit. Cigar Stores nited Corp. 8% United Fruit 23: Un. Gas. & Imp. 18% US. Ind. Alcohol 28: U. S. Steel . 36% Vanadium Ci 14 Warner Pict. 2% Western Uni 32 Westgh. Air Br. 15 Westgh. El. & Mi 285: [Woolworth ..... 38 2.50-6.00; best fed heifer yearlings yearlings approximately 6.25, lowest of year; killing quality considered. Sheep 6,000; Saturday's market nominal; for week ending Friday 30 Goubles from feeding stations 10,500 Girect; fat lambs and yearlings mostly 50-75 lower; other classes unchanged; week's top native lambs 6.25; best fed westerns 6.10; closing bulks follow: Better grade native lambs 5.25-50: few 5.75 to all interests; choice fed westerns scaling 78-94 lbs.. 5.50-75; na- tive throwouts 4.00, few 4.25; around 60 Ib. feeding lambs 5.35; fat native ewes 1,50-2.25; one deck 2.65. steady to strong on limited offerings; good to choice 150-240 Ibs.. 3.40-50: top 3.50; few packing sows 2.75-3.00; compared week ago 15-25 lower; ship- pers took 500; holdovers 2,000; light and choice 100-140 Ibs., 3.5-75. SIOUX CITY Sioux City, Iowa, Nov. 19.—(#)—(U. 8. D. A)—Cattle 600; market for week: Fat steers and yearlings large- ly 25-50 lower; she stocx steady to 25 down; stockers and feeders little changed; choice 1,110 lb. steers 17.50; long yearlings 7.35; bulk grain feds 450-6.50; choice fed heifers 6.50; beef cows largely 2.25-3.25; low cutters and cutters 1.50-2.00; choice 630 Ib. stock steer calves 6.35; bulk 3.75-5.00. Hogs 1.500; steady to 10 lower: top 3.05; bulk 190-250 Ib. 3.00-05; 250-310 1. ;|Mentarily touched within % cent of been feared. 8 ,|43%-14, May 485-1, corn %-14 up, ,, nature of changing between May %\ ings had developed. Drought reports , |Southwest and west received more at- \closing Friday at 46c. . were ‘light and demand was 1.25; average cost slaughter steers and; Hogs 9,000 including 8,000 direct: | nec, 31% 31% lights, good and choice 140-160 Ibs., : ae slid 340-50; light weights 160-200 Ibs., |ec. : 16% 340-50; medium weights 200-250 Ibs. : 188, 335-50; heavy weights 250-350 Ibs., hs 3.15~ packing sows, medium and Ma; : 301 good 275-500 Ibs., 2.75-3.15; pigs, good : ay ~ ARGENTINA PRONPT GRAIN PRICE RISES | Sentiment Changes Decidedly; After Wheat Quotations Had Neared Bottom. Chicago, Nov. 19.—(?)—Word of aj wet harvest in Argentina had much grain values Saturday. . After the wheat market had mo- the historic low point, sentiment. changed decidedly in favor of the bull side. Opinions were expressed in some quarters that liquidation of December wheat contracts would hereafter be of less volume than had generally Wheat closed firm at the day’s top above Friday's finish Dec. Teele Dec. 24%-%, May 30's, oats t4-% ad- vanced, and provisions unchanged to a rise of 2 cents. Trade in corn was largely in the and December at 5 1-2 cents prem- ium for the former, with cash inter- ests taking December and _ selling May. Country offerings were limit- ed, and in addition to the recent un- favorable weather farmers are re- ported as greatly dissatisfied with| the price offered at country stations. | There were intimations of some ex- port business at the seaboard. Euro-| pean continental bids were said to; be in the market around 1 to 1 1-2| cents below sellers’ views. j Better buying interest in the De- cember delivery of wheat was a con- spicuous feature of trading, and showed that aside from spreading , operations & good absorption of offer- |from domestic winter crop territory tention. Talk of additional big export busi- ness developing acting as a further stimulus to wheat price upturns. The Hudson Motor .. 5% | fact that the market at the opening |? He eee o ad nit within % ot a cent of the all : te Be 4, {time bottom record ef wheat values Int, Mek on, 73m |served also to. increase’ buying. A| int. Tel, & Tel. . 2, Particuler point stressed was that at Johns-Man' 2314 | below 50 cents a bushel for July con- oe Gen: es trasis, representing next season's do- oes “S |mestic crops, the market was at a de-} no, we. 105%) 1.08% 1.0542 1.06% See a 11, |batable level when December liquida-|N° 1+++->-1.05% 1.08% 1.0544 1.06% Kimgersrocery . 1534 |tlon had culminated. Corn and oats| MINNEAPOLIS RANGE Liquid Carbonic 16%, | responded to wheat gains. Minneapolis, Nov. 19.—(?)— | Loew's Inc. . 2614 | Provisions reflected | steadiness of; Wheat— i a fa oe thieson Alk. + 15° | the he ‘ket. a i 46% 46 46% Mo Rane & Tex. meer ales anne i AT% 48% ATH 48% Mont. Ward . 14. | MAKE FUTURES STRONG | 7% QT i Nash Motors 13% |" sainneapolis, Nov. 19.-P)—Very {DE + 2 Bh aN aM Nat. Biscuit 39% "29%, (20% (29% (29% x sh Reg. 10 |800d Liverpool cables and a_ strong - Nat. Dairy Prod. 19% | Stock market revived the spirit of the 4% 15.14% 15 New York Cent. 2415 | wheat bulls in grains here Saturday 16% 16% 16% 16% NY. NH. & Htfd. 15% | and there was less force to December | 108% 1.04% 1.08% 1.03% North American 2914 | liquidation. News averaged more bul- : HRS ists iat ie page Pacific bi lish with advices on export trade shite " soy Sil ae 28% |More satisfactory and Argentine har-| 24% 25% 27, | Vest news unfavorable. | 27 2816 3y Flax was the only grain to close; 54] weaker. December rye and barley DULUTH RANGE 235% | futures acted tight. Duluth, Minn,, Nov. 19.—(P)— 14%) | December wheat closed ‘ic higher,| Durum— Open High Low Close 31 |May 1c higher. December and May'|Nov. ....... 3 491, | Oats Closed ‘sc higher, December rye |Dec. ¥ 19%; | finished he higher, and May %cj Purity Baking . 8% | higher. December barley finished ‘sc jp, Radio .. 7% | higher and May 11sc higher. Decem- Radio-Keith Or; 3% |ber and May flax finished ic down.| i Remington Ran 4¢} | Tone of the cash wheat market was | Nov. Eee ot nar ggii |a bit lower. Durum wheat was firm, |Dec. Rientid, Oi) Gal s,;scarce and wanted. There was not |May Safeway Stores . 51% |enough winter wheat in to make a DULUTH CLOSE St. Louis-San Fran. . 1%|market. Demand was quiet. and Duluth, Nov. 19.--( Closing cash Seaboard Oil . ee 18% | prices were nominally unchanged. espe ial Ry Sears-Roebuck 20%|° Cash corn demand was limited,|Ptices: Wheat: No. 1 dark northern ervel. Inc. 2% re |49%-61%; No. 2 do 48%-60%; No. 3 Shattuck @. G) 8% Oats demand was fair to good. Rye ag '46%-57%; No, 1 northern 49%- Be gi,;cemand was much narrower and|C0, “04-004: Uo. one 1 dark immons .. M4 aa 61%; No. 2 do 47%-60%; No. jar! 'Soc.-Vac, Oil ....: g% | Prices weaker. Barley demand was hardiwliten atoni 48% No.{ Balad Boot ae Boe mies mesinon, 1 hard winter Montana 47% 49%; No. Sparks Withington ak MINNEAPOLIS REVIEW en gees aah ana Na | Btand Gas & Elec. Il 16g | pMlinneapolis, Nov. 19.1 (U. 8.19 do 4314-46%; No, 1 mixed durum Dep. Agr.)—Wheat extended its rally of the previous week during the first two days og the week ending Friday, then turned weak and finished dull and draggy. Moderate selling pressure weakened prices. Demand was quiet. Decem- ber wheat declined 1%s¢ for the week, ; Cash wheat held firm. Offerings were light. ! Durum demand was not so aggres- sive but with offerings of suitable milling grades light, cash premiums held about unchanged. Rye was ‘fairly steady. Offerings Weakness in wheat was a depressing factor. December rye declined %sc for the week, closing Friday at 27c. Oats Keld steady. December gained %e for the week, closing at 147% Barley fluctuated. The market showed a downward reaction from its advance and December closed %c lower for the week. Flax trade continued extremely narrow with offerings and demand limited. December declined 1%¢ for the week, closing at $1.04. o——_—____ ——— ! Grain Quotations CHICAGO RANGE Chicago, Nov. 19.—()— Low Close ‘Wheat— iA High e : - 42% 43% 4345 Bet 3. 48% 48% 49% 245% 3044 ~ 410 412 410 412 3.97 lb, butchers 2.90-3.00; 140-190 Ibs. 2.75-3.00; packing sows 2.40-70. Sheep 1,200; Saturday's trade steady; bulk fat lambs 5.25-35. Mar- ket for the week: Fat lambs 15-75 lower; spots 1.00 off: feeder steady; late bulx fat lambs 5.00-25; top 5.35 -89T oe week's bulk feedevs 4.25-75; mixed fats land feeders 4.90, to do with giving a material hoist to |? f . 'Neavy fat lambs largely 4.75 down; MINNEAPOLIS CASH GRAIN Minneapolis, Minn., Nov. 19.—(?)— Wheat receipts Saturday 56 compared to 86 a year ago. eat— 15% protein Delivered 1 dk north. 51% 53% 2 dk north. Pt 51% 48% 49% To Arrive 14% protein 1 dk north. 2 dk north. 3 dk north. 13% protein 1 dk north, 2 dk north. ess ea % in ir di north. 2 dk north. 3 dk north. Grade of 1 dk north. 2 dk north. = e RMOLMON W or gs 51% PEEP 25 50% bt ms MU e ‘3 2 3 5 5 3 g = Fy 5 cy 12% prote! 1 DHW or 1H W.... AB ATH 45% 4TH Grade of 1 DHW or 1H W.. cS ATH 45% ATS Durum Ch 1 amber Ms 53's Ot 521s 13% protein amber.... 48% .52'5 ...60 sseee Choice of L_amber.... 47% 491% s.cee oseee 12% protein 2 amber... 46'5 7's .seee sees Grade of 1 amber.... 40% 44%: 2 amber.... 39% 43% Grade of 1 durum... 39! 424% 2 durum... 38% 41% 1rd durum 39% ..... 43'%-49%; No. 2 do 431%-49!8; No. 1 red durum 431%. Flax on track 1.08%-11% rive 107%; Nov. 1.07%; Dec. May 1.06%. Oats No. 3 white 15%. No. 1 rye 31%-32%. Barley, malting 28% -31%; special No. 2, 2735; No. 3, 25%-27%; lower grades 22%-25%s. MINNEAPOLIS FLOUR Minneapolis, Nov. 19.—()—Flour 15c lower. Carload lots family pat- ents, $3.95-4.05 a barrel in 98-pound cotton sacks. Shipments, 27,529. Pure bran, $9.00-9.50. Standard middlings, $8.50-9.00. to ar- 1.06; CHICAGO CASH Chicago, Nov. 19.—(?)}—Wheat, no! sales; new corn, No. 2 yellow, 26; No. 2 white, 25 3-4; old corn, No. 1 yel- low, 27 1-2; No. 2 white, 27 1-4 to 27 1-2; oats, No. 3 white, 15 3-4 to 16 1-2; rye, no sales; barley, 27-43; timothy seed, $2.25-.50 per ewt.; clo- ver seed, $6.00-9.25 per cwt. RANGE OF CARLOT SALES Minneapolis, Nov. 19.—(#)—Range of carlot grain sales: Wheat, No. 1 dark northern, 49 1-2 to 54 1-2; No. 1 northern, 49 1-2; No. 2 mixed, 40 5-8; No. 2 hard winter, 47 1-2; No. 1 durum, 45 3-8; No. 2 mixed du- Tum, 46 3-8 to 51 1-2. Corn, No. 4 yellow, 24. Oats, No. 3 white, 15 to 15 1-8. Rye, No. 2, 31 1-2. ee No. 2 special, 31-35; No. 3, 30, Flax, No. 1, $1.06 1-4 to $1.07 1 BISMARCK GRAIN (Furnished by Russell-Miller Co) Date Nov. 19. : No. 1 dark northern . No. 1 northern .. No. 1 amber durum No. 1 mixed durum’. No, 1 red durum . No. 1 flax ry No; 2 flax 81 {No.1 rye 16 | Barley 16 1 Oats .. 09 ‘Dark hard winter wheat . 27 eee ale area | Produce Markets | HE pan sn sia OREN CHICAGO Nov. 19 cf H Dep. Agr.)—Potatoes: ings, butter firm and poultry ‘ruled steady, Butter, 6,432, firm; creamery spe- Clals 93 score 23%-24; extras 92, 23; extra firsts 90-91, 2114-22%4; firsts 88-89, 19%-20%; seconds 86-87, 17- 18%; standards 90 centralized carlots Poultry, live, 1 car, 33 trucks; easy; hens, 10 1-2 to 13; leghorn hens, 8 1-2; colored springs, 10 1-2; roc! springs, 10 1-2 to 11; roosters, 8 1-2; hen turkeys, 18; young toms, 16; old toms, 12; ducks, 10-12; geese, 10; leg- horn broilers, 8 1-2. Cheese, per pound: Twins, 11 1-2; daisies, 12; longhorns, 12; young Americas, 12; brick, 10 1-2; limbur- ger, 11; Swi domestic, 28-29; im- ported, 26-37. ® NEW YORK New York, Nov. 19.~-(#)—Butter, 4,981; very firm. Creamery, central- ized 90 score, 22 1-2 to 23. Cheese, 276,348; firm, unchanged. Eggs, 10,473; irregular. Mixed col- ors, standards (cases 45 lbs. net), 37 to 38 1-2; dirties, 27-31; refrigerator special packs, 27 1-2; standards, 27; Di ee receipts, 26; mediums, 4 1-2, 3 Live poultry steady to easy. No freight quotations; broilers, express, 13-18; fowls, express, 12-20; turkeys, express, 18-24. Dressed irregular, un- changed. Miscellaneous ] FOREIGN EXCHANGE New York, Nov. 19.—(?)—Foreign exchanges irregular; Great Britain demand in dollars, others in cents: Great Britain 3.28's; France 3.91 9-16; Italy 5.11%; Germany 23.7614; Norway 16.77'2; Sweden 17.472; Montreal 86.93%. | oJ CLEARING HOUSE STATEMENT New York, Nov. 19.—(#)—The weekly statement of the New York clearing house shows: Total surplus and undivided prof- its, $900,372,100 (unchanged). Total net demand deposits (aver- age). $86,071,000 (increase). Time deposits (average), $846,000 (increase). Clearings week ending Saturday, $2,659,335,982. Clearings week ending Nov. 12 (in- .| cluding election day holiday), $2,143,- 180,354. BOSTON WOOL Boston, Nov. 19.—(?)—Trade in wool during the last week continues dull, although 48, 50's 56's grades moved more freely than during the Previous week. A steady but scat- tered demand was received on the finer grades. Prices were inclined to drift slightly lower. Quotations on 58, 60's and the medium grade show a stronger resistance than 64’s and finer offerings to the downward trend. CHICAGO STOCKS (By the Associated Press) Midwest Util (new), 3-8. CURB STOCKS New York, Nov. 19.—()—Curb: Cities Service, 3 3-8; Elec. Bond é& Share, 23; ‘Standard Oil Ind., 22 3-4; United Founders, 1 5-8. GOVERNMENT BONDS Liberty 312s, $101.22. Liberty Ist 4%s, $102.70. Liberty 4th 4%s, $103.16. Treasury 4%s, $108.10. Treasury 4s, $104.10. MINNEAPOLIS STOCKS CLOSE (By the Associated Press) First Bank Stock, 8 1-8, Northwest Banco., 9. MINNEAPOLIS POTATOES Minneapolis, Noy. 19.—(P)—(U. 8. Rather light wire inquiry; demand and trading slow; market about steady, Carloads f. 0. b. shipping points (based on delivered sales less all transporta- tion), Minneapolis basis, 100-lb. sacks round whites, U. S. No. 1 and partly graded, few sales, 46-52. CHICAGO POTATOES Chicago, Nov. 19.—(P)—(U, 8. Dep. Agr.)—Potatoes, 68; on track, 137; to- tal U. 5S. shipments, 553; steady; supplies moderate, trading slow; sacked per cwt. Wisconsin round whites, 67 1-2 to 75; Michigan Russet Rurals, few sales, 70 to 72 1-2; Idaho Russets mostly $1.30-.35, INVESTMENT TRUSTS “(By The Associated’ Press) (Over counter at N. Y.) Corp Tr Sh 1.80. No Am Tr Sh 1.82, Nat Tr Sh 4%, 5%. Sel Am 8h 1.90, 2.00. Sel Cum Sh 5%, 5%. Sel Inc Sh 2%, 3%. United Fond Corp. .01, .05. Univ Tr Sh 2.11, CONTINUED from page one Cut of Million Will Not Balance Budget the supervisors were turning into the state's coffers. May Abandon Departments On the basis of pre-election com- ment, the key would be turned in the | lock of the door of the state immi- \gration department and it is possi- ble that the state grain storage de- partment also may find itself a mat- ter of history. Among the big appropriation bat- tles two years ago was that over the appropriation for the state seed cer- tification department, which received @ big increase. It is possible that this grandeur will prove but temporary af- ter the lawmakers get into action, Then, too, there is the matter of eliminations and reductions from the state payroll, not only in state offices and departments but at state institu- tions. If, for example, the present state inspection system is abandoned, thé saving will not only involve sal- aries but mileage costs. But even if there is no new building and these departments are eliminated entirely there still will remain more than a million in state expenses be- fore the state budget can be fitted in- to the relatively scanty garment which the taxpayers have provided jfor it. This estimate does not take into account the savings made by the 20 per cent salary cut. That figure ‘cannot be applied to the present pay- roll until it is ascertained what elim will be made. By appropriations the time the committee of the next house and sen- ate worry with that situation for a while they will not be looking for fur- ther trouble. But they will not be able to escape it. Pressing down heayily on the ques- Chicago, Nov. 19.—(—Eggs were celled steady Saturday in light deal: |tions will be tht tions of tex hs peated and valus- little matter of tex collections. And they will be serious- ly reduced by failure of the taxpeyer to pay. Always the state allows a margin of 5 per cent of the assessed taxes as uncollectible and in the past this has been plenty, the figures showing that for most years collections have been from 97 to 98.5 per cent of the total levied. But this year it is different. Collections are down and the five- per-cent margin may not be enough Income Expansion Difficult ‘The only alternative to shrinking the outgo to meet the income is to ‘expand the income, but this offers both practical and political problems The people of the state have indi- cated clearly that they want expendi- tures reduced. To attempt by excisq or other taxes to maintain the outgo would be to ignore the manifest man- date of the voters. That is the politi- cal side of the question. ‘The practical side is that there isn't much left to tax which is not already taxed. A general sales tax is a possibility but might not prove popular. Increased gasoline taxes would bring only a further protest. Diversion of gasoline taxes to general purposes would peeve the automobile owners, who have been trained to the belief that such taxes should be spent on road improvements.. There is the problem as it stands now and as it probably will be when the legislators tackle it. Acker, who doesn’t expect to con- tinue as tax commissioner after the first of the year, has some ideas about it. Forseeing a time when the state will not be able to pay its bills in cash, he will recommend in his report that a law be passed permitting the state to issue certificates of indebted- ness against uncollected taxes, as now is done by school districts and other minor political subdivisions. By this system the state can get the money due it—if it can find a market for the certificates. Another law which he will recom- mend is one providing for the issuance and registry of state warrants, the money to be paid when it becomes available. He foresees that there may be need for it. CONTINUED) from page one Ask Wage-Earners To Make Donations For Care of Needy All persons who wish to do so may designate the charity or activity to which they wish their money to be given and it will not be used for other purposes. The personnel of the chest organi- zation consists of A. M. Christianson, chief justice of the supreme court, president; Dr. H. A. Brandes, vice president; O. V. Bowman, treasurer; H. P. Goddard, secretary. The directors are Christianson, Brandes, H. J. Duemeland, H. O. Saxvik, Mrs. 8. W. Corwin, Mrs. P. J. Meyer, Mrs. R. V. Stair, Fred Peter- son, D. E. Shipley, Supreme Court Justice W. L, Nuessle, Mrs. F. L. Conklin, Mrs. Alfred Zuger, 8. 8. Boise and Miss Mary Houser. On the budget committee are J. L. Bell, Miss Henricka Beach, R. W. Lumry, Mrs. F. R. Smyth, J. C. Tay- lor, L. K. Thompson and 8. G, Sev- ertson. The committee in charge of the campaign includes Judge Nuessle, Miss Beach, Bell, Duemeland, F. M. Davis and J. N. Roherty. Roherty will have charge of soliciting capitol employes. The committee on prospect lists consists of Davis, George Bird, John Fleck, F. J. Bassett, Archie Johnson and W. T. Kraft. | Bell and Rev. W. E. Vater are members of the publicity committee. An advance campaign to contract large donors of past years was being) made Friday and Saturday. Assigned to this work were Dr. R. 8. Towne, Burt Finney, F. M. Davis, W. G. Ren- den, R. B. Webb, L. K. Thompson, 8. W. Corwin, Dr. H. A. Brandes, Carl Nelson, J. P. Wagner, H, J. Dueme- land and James Trimble. To Solicit Organizations On a committee to solicit organi- zations whose main offices are lo- cated outside of Bismarck are Judge Christianson, C. R. Robertson, B. O.! Refvem and O. V. Bowman. Appointed by the Kiwanis club as solicitors are Joe Barth, P. E. Byrne, Judge A. G, Burr, C. V. Freeman, J. W. Guthrie, 8. F. Hollingsworth, Dr. R. F. Krause, R. W. Lumry, Rev. Ellis Jackson, F. S. Lunde, Carl B. Olson, H. F. O'Hare, Rev. Opie S. Rindahl, George S, Register, Paul Wachter and F. H. Waldo. Rotary club members active in the work are M. C. Blackstun, L. F. Bech- told, Dr. H. A. Brandes, J. J. Caplice, George Dullam, John Hoffman, C. C. Larsen, Rev. Floyd E. Logee, Dr. L. W. Larson, F. W. Murphy, Harvey Niles, J. L. Peterson, W. E. Perry, W. H. Payne, Dr. G. A. Rawlings, George Bird, R. A. Tracy and B. O. Ward. | Solicitors from the Lions club are W. 8. Ayers, A. E. Anderson, A. L. Ba- vone, W. B. Couch, W. E. Doty, Archie Johnson, J. L. Kelley, C. E. Ligon, F. E. McCurdy, O. A. Olson, W. E. Par- sons, J. L. Powell, Milton Rue, S. W. Robertson, J. P. Spies, D. E. Shipley and Harry Woodmansee. On the list of solicitors but not de- signed as affiliated with any club are T. P. Allen, B. F. Lawyer, Walter Sather, J. S. Fevold, O. A. Convert, A. H. Maas, Homer Spohn, George Maroney, John Fleck, C. L. Foster and F. J. Bassett. 20 if City-County News | ee Miss Emma Grunefelder, Tacoma, Wash., is visiting in Braddock, N. D., with her parents, Mr. and Mrs. A. Grunefelder. She plans to return the latter part of the month to Tacoma where she is employed as an anesthe- tist in a hospital. Mrs. Arthur Fricke entertained the members of the Crofte-Star Home- makers club Thursday, when plans for the coming months were discuss- ed. Members decided to devote a part of their time to sewing for needy farhilies of the community. A dis- cussion of height and color was con- ducted by the project leaders, Mrs. Ralph Falkenstein and Miss Ruth Falkenstely. The group also is piec- ing a quilt. Form ‘Ship by Rail’ Organization in City Organization of a “Ship By Rail” club was effected in Bismarck Friday night at a meeting of railroad work- ers and other interested persons at the Northern Pacific Freight offices. The object of the club is to pro- mote the interests of the railroads by encouraging shippers to use them in preference to other media of trans- “|for the senator widespread publicity CLASSIFIED AD RATES Copy must be received at une office by 9:00 a. sertion same day classified page. Cuts, border or white space on want ads come under the classified display rates of 90 cents per column inch per insertion. REGULAR WANT AD RATES j 3 cents per word for first insertion, minimum charge for 15 words. 2 consecutive insertions, not over 25 WOFdS ......seceeseseree ed 3 consecutive insertions, not over 25 words a 6 consecutive insertions, not over 25 WOFdS .........0cces0e. S145 All ads of over 25 words add 3c per word to above rates. Male Help Wanied STEADY WORK—GOOD PAY RELIABLE MAN WANTED to call on farmers in Burleigh County. No ex- perience or capital needed. Write; today. McNESS CO., Dept. L, Free- Port, Illinois. WANTED—Assistant branch manager. Must have neat appearance and know direct selling. Good pay for right party. Apply No. 9, Hoskins ae between 10 and 11 a. m. Mon- lay. BE A BARBER. Learn an easy pro- fession. Low rates. Free catalog. Moler Barber College, Fargo, N. D. __—___————— Help Wanted WANTED—Responsible man for pei manent position qualified for buy- ing horses. Hill Packing Co., Gen. Del., Bismarck, North Dakota. ______ Agents _ WRITE FOR FREE SAMPLE show- ing uses. Metallic-X. It mends anything, glass, metals, wood, por- celain, etc. without heat. Agents- Distributors $60 to $200 weekly. Pro- tected territory. Sale guaranteed. Metallic-X, Elkhart, Ind. REAL SILK Hosiery Mills can still use a few salesladies for Christmas specials. Apply No. 9, Hoskins Bldg. betw 2 and 3 p. WANTED—Agents to bu: ished or range horses for slaughter. We also buy good market horses. Elder Horse Sale Co., Jamestown, N. D. | Work Wanted | EXPERT WATCH REPAIRING—At one-half price, All work guaran-| teed one year. Regular $1.00 fancy crystal, 50c; watch cleaning, reg- ular $2.00, now $1.00. Wrist watches | cleaned, regular $3.00, now $1.50. D Kysar, 515% 4th, Bismrack, N. Dak. Mail orders given prompt attention. ———— For Rent FOR RENT—Garage close in. 502 7th. Phone 1213-W. FOR RENT—Furnished or unfurnish- ed 3 room apartment. Kitchen, ae ee room, bedroom, ‘arm and roomy. Everything nished if desired. Reasonable Call at 418 Hannafin. FOR RENT—Unfurnished apartment Four rooms and bath in College ieee For appointment phone fur- rens. FOR RENT—Modern apartment. 717 pes OE. “RENT — Two room apartment for light housekeeping. Heat, lights and gas furnished. Call at 801 4th FOR RENT—Two warm, all-modern furnished rooms for sleeping or light housekeeping. Close in. Also garage for rent. 3rd St. Phone 926-J. 507 FOR RENT—Semi basement bunga- low flat unfurnished. One room furnished apartment with kitchen- ette and closet, also one light housekeeping room with kitchen cabinet and electric stove. Sleep- ing rooms. Call at Kindschy’s, 409 5th St. FOR RENT — Two room furnished apartment at 1100 Bdwy Also 2 room furnished apartment at 1014 Broadway. Rent $20.00. Three room partly modern house at 213% South 5th St. $10.00. Inquire at FOR RENT—Two room with Murphy bed. Nicely furnished. Phone 1250. FOR RENT—Large five-room apart- ment. 1 Logan's, phone 211. FORe RENT — Housekeeping room with kitchenette. Also small sleep- __ing room. 411 5th Street. Phone 273. FOR RENT—Strictly modern fur- nished and unfurnished apts. Rose Apartments. 215 3rd St. F. W. Murphy. Phone 852. FOR RENT—Modern spartments im fireproof building at reduced renta, Inquire at Tribune office. modern house. Two bedroms. Built- in features. Gas range, electric re- frigerator. Hot air coal furnace. At- tached garage. Three room base- ment apartment, electric refrigera- tor. Gas range. May be sublet. E. W. Mandigo. Phone 596-J. FOR RENT—Semi basement bunga- low flat unfurnished. One room furnished apartment with kitchen- ette and closet, also one light housekeeping room with kitchen cabinet and electric stove. Sleeping om Call at Kindschy’s, 409 5th it. FOR RENT- jouse street. Garage in back. S. E. Turnbow, 12-F-220. FOR RENT—6-room modern house. Gas heat. Garage. Inquire 214 5th St. after 6 p. m. Portation. The area covered by club activities will be those parts of the Northern Pacific line from Bismarck to Steele and from McKenzie to Linton, the Soo Line from Ashley to Garrison and the Milwaukee line from Linton to Zeeland. C. M. Gran, Minot, president of the State association, outlined the pur- poses of the organization and its method of procedure. He announced that a state convention of North Da- kota clubs will be held November 25 at Fargo. A. A. Jones, Soo line, was elected President of the local group. George D. Bell, Northern Pacific, was named vice president: and Helen Lorimer, Northern Pacific, secretary-treasurer. Members of the board of directors are E. J. Schultz and A. C. Barrett, Soo line, and John G. Karasiewicz, Northern Pacific. Al P. Simon, Soo line, was named delegate to the state convention. CONTINUE from page one’ Senator Wesley Jones Of Washington Dead stead, father of the national prohibi- tion law. H It was in the last session of the 70th Congress that Seantor Jones became author of a law which drastically in- creased the penalties for prohibition violations. The act provided a pen- alty of five years imprisonment or a fine of $10,000, or both, for first viola- tions of the dry statute. Enactment of the measure gained that virtually ebscured his previous legislative accomplishments, which had included the passage of the Mer- chant Marine acts of 1920 and 1928. SHIPSTEAD MAY BE POWER IN SESSION Washington, Nov. 19.—()—Demo- crats Saturday had a majority of one over Republicans in the senate for eee short sesison beginning in Decem- r. FOR RENT—Duplex. Easily heated. Two bedrooms. 114 Bdwy. Apply H. J. Woodmansee. HOUSE FOR RENT—Price reason- able. Phone 250. Obert A. Olson. FOR RENT—Modern six-room house at 808 Avenuc B with garage. Near Schools. Phone 839 or 108. FOR RENT —Newly decorated room. Hot water heat. With or without board. At the Dunraven, 2 doors north of the Paramount Theatre. Phone 428. FOR RENT—Large room with two closets. Suitable for two, close in. Hot water at all times. Private en- trance. ALSO SINGLE ROOM. Ap- ply 420 Ave. B or phone 460-R. FOR RENT—Sleeping room in warm home. Hot and cold water in room. Phone 293. 510 4th St. = FOR RENT — Two newly furnished rooms in warm modern home. Al- ways hot water. Reasonable rent. 413 W. Thayer. Phone 1824. kor Sale FOR SALE—High quality coal at $2.95 per ton in load lots. A cheaper grade at $2.70 per ton in load lots. 10% discount when paid on deliv- ery. Phone 541-J. FOR SALE—Kimball baby grand and small upright. These pianos are new pianos slightly shop-worn. Will sacrifice rather than reship if can move at once. Terms if de- sired. Write H. D. Hewitt, care of W. W. Kimball, Chicago, Ill. FOR SALE—TYPEWRITERS AND Wanted to Rem WANTED TO RENT — Three room The death of Senator Wesley L. Jones, of Washington, veteran Repub- lican, left the line-up: Democrats, 47; Republicans, 46; Farmer-Labor, 1; vacancies, 2. The other vacancy was in Colorado, where Karl C. Schuyler, Republican, seemed assured of victory over Walter Walker. Democrat, for the unexpired term of the late Senator Charles L. Waterman. Schuyler’s election would even Democratic and Republican ranks and leave control of the short-session senate in the hands of Senator Ship- stead, of Minnesota, the lone-Farmer- Laborite, pending action by Washing- ton’s Republican governor to fill Jones’ seat. * JAPS PREPARE REPLY Tokyo, Nov. 19.—(7)—It was offici- ally learned Saturday Japan will re- mind the council of the League of Nations next week that Manchukuo is not the first state separated from its Parent state and given independence the KIDNAPED BOYS RELEASED Ubrary last night, black forse hide New York, Nov. rear, | Jacket. Belted. Dark grayish lin- clante, 10, eleven days in the hands’ ing: Return to public library for Friday night three men selzed him Nov. 7 on his way to school. Autumobiies tor Sale He was held in an apartment, but his} FOR SALE — One ton International captors, who called each other “Jake.” rack Geath bes. or tack. Bteae treated him well. Hig by a Piaggeed Located at 422 13th c. -or sleeping room in good modern home. Must be reasonable. Give full details. Write Tribune Ad. No. VU) _ For Exchange WANT FARMERS to bring wheat to exchange for flour. Made from North Dakota selected DARK mate to share 8 modern apartment. yee “4 reasonable. Write Tribune . No. | Real Estate FOR SALE OR RENT—Modern 6 room bungalow. Call at 212 W. Thayer. Phone 253. _ Lest ana Fount: LO8T—in children’s room et public