The Bismarck Tribune Newspaper, June 20, 1933, Page 7

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

* \ I “ yy "4 T AND STOCK PRICES ribune’s. Gra |New York Stocks | Closing Prices June 20. r a ir Red. % ARE LOW AT CLOSE) si ca » Can . +. . ae | Am. Coml. Al. (New) . « 31% Early Gains on Wall Street/Am. & For. Pow, ... + 18% Wiped Out Despite Con- 2% tinued Good Business 13% 33% New York, June 20.—(?)—Bullis! 65% fever in the financial markets cooled | 4 127% Tuesday despite further weakness of | AM Ea the dollar in foreign exchange mar- : ue kets and continued reports of busi- 16% ness and industrial improvement. 8% Earlier gains in stocks of 1 to around| Al 79% 2 points were shaded or replaced by 65 similar or greater losses as specula- 44% tors cashed in sizeable profits. Trad- a ing activity dwindled on the decline. 12% Transfers approximated 6,000,000| Bald: 10: shares. i 22% Feverish trading put the ticker all... 9 tape a quarter hour behind floor | Bendix fae : + IMs transactions during most of the fore- Boralwettr p . ae noon and gains of 1 to 2 or more} Bri . 0 riggs Mfg. .. » 11% points were recorded by many lead-| Brunswick Balke . 8% ing shares. Extreme advances, how-|Bur. Ad. Mch. .... see 18 ever, were shaded or lost as specu-|Calumet & Hecla . ek lators took home some of their prof-|Canadian Pac. . + 16 its. Inflationary enthusiasm appar- pone Ben + 28% ently was unabated. erro ie Pas oe The British pound sterling showed 4 ritish po! ry Chesap. & Ohio 40% an overnight gain of around 5 cents|Chi. & N. W. ™% “at a cable rate of $4.19. European|Chi. Gt. Wes. 4% gold currencies followed sterling |Chi. Gt. W. 10% closely. The dollar improved a bit/¢: M. St. B. & Pac. : 3% in late trading. Wheat, corn and cot-| 6, M_St B. & Pac cat ton followed a narrow range. Sec-|Ghrysler’....... 2 3ix ondary bonds again pointed to higher | Col, Fuel & Iron . 13% Price levels. Colum. G. & El. . + 25 The principal share gainers at one|Coml. Sol. ... - 21% time included Case, American Can, |Com. Southern + ey Celanese, Allied Chemical, General | Consol, Gas, .;.. Porth Electric, Southern Pacific, and Amer- ican Sugar Refining. fet ca ae Earlier advances were replaced | Cont. Oil of 14% with declines of fractions to around|Corn Products . 14% a point by General Motors, U. S, In-|Cream Wheat 36% dustrial alcohol, Union Pacific, Du Pont, National Distillers and New York Central. Crucible Steel . Curtiss Wright . itch .. Crosley Radio . y Aside from the intense interest in| Pug ae Ft the continfled weakness of the dol-|Dupont i lar, markets were watching closely | East. Kodak 81 governmental activities in behalf of | Eaton Mfg. 334 the farmer. Increased purchasing power of the agriculturists of the country, it is zontended by economic observers, will be highly important in confirming the recent strength of commodities and stocks. —— if Livestock \ -————__—___——_____@ SOUTH ST. PAUL LIVESTOCK South St. Paul, June 20—AP—U. 8. D. A.)—Cattle 2,000; all classes opening very slow and weak with Monday’s decline; better sales steers and yearlings 4.00 to 5.50; some held higher; a few butcher heifers 3.50 to 4.50; scattering of beef cows 3.25 down; medium grade bulls mostly 2.75 down; few outstanding weighty kinds up to 2.85; very narrow out- let for stockers and feeders; calves 1,800; weak, good to choice grades 3.50 to 4.50; few head selects to 5.00; culls down to 2.00. Hogs 5,000; steady to 5 higher than Monday; bulk better 170 to 300 lbs. 4.20 to 4.30; top 4.35, paid sparingly; heavy butchers down to 4.00 or be- low; packing sows mostly 3.50 to 3.75; few 3.80; pigs and light lights 3.75 to 4.00 or better; average cost Monday 3.95; weight 275 lbs. Sheep 500; active, steady, good to choice ewe and wether lambs 6.75; bucks 5.75; medium to good year- lings 4.50 to 5.25; ewes 1.00 to 2.00. CHICAGO Chicago, June 20.—AP-U.S.D.A.) | ny; be 23) } Et cx . P. Fire 27 Firest. Tr. & 2314 First Nat. Str: 66% Fox Film “A” . 35% Gen. Elec. . 23% Gen. Foods at Houston Oil . Hudson Motor . Hupp. Mot. Car: Indian Refin. ... Ont. Harvester . Int. Nick. Can. Int. Tel. & Tel. . 17% Jewel Tea ... Johns-Manville 51% Kayser (J) . itt etet ze Kelvinator Kennecott Cop. Kresge (S. 8.) . Kroger Grocery Liquid Carbonic Loew's Inc. .. Louis. G. & El. “A” . Mack Trucks Mathieson Alk. May Dept. Stores . Miami opper : t. s |Profit-taking sales turned all grains! lesday. with traders in- £ {mand was indifferent. GRAIN QUOTATIONS HEAT WAVE RECEDES Reports of Severe Damage in Spring Wheat Area Ignor- ed At Chicago Chicago, June 20.—-(P}—Aggressiv downward fluenced by indications that the heat wave northwest had been broke More than 1% cents a bushel was clipped from the day's top figures for wheat. Numerous crop damage re- Ports from American and Canadian Hote jaa territory were ignored in e dealt Wheat closed unsettled, 5-8 to 11-8 under Monday’s finish, July 75 5-8 to 3-4, Sept. 77 5-8 to 3-4. Corn 5-8 to 1 1-8 down, July 46 1-8 to 1-4, Sept. 50 to 50 1-8. Oats unchanged to 1-2 loWer, ,and provisions varying ot 20 cents decline to a rise of 30 cents. fo) Enlarged selling on advances led to setbacks which were unchecked by re- Ports that only 20 per cent of normal [5C moisture had been supplied in the 15 corn and wheat states, and that severe drought conditions were intensified by extremely high temperatures. Forecasts pointing to generally cool- er weather acted as an additional handicap to bulls in all the grain pits. The downturns carried wheat and corn to well below Monday's finish. Rye also dipped. Provisions reflected upturns of hog values. i, | MINNEAPOLIS FUTURES ARE WEAKER AT CLOSE Minneapolis, June 20.—(?)—Wheat , |futures maintained a very stubborn undertone until near the close of the session Tuesday and then fell back on aoe of improved weather in Can- a. Temperatures over the border eased 2|up noticeably and rain developed in ‘2|North Dakota and Montana. July wheat closed 1%-1'¢c lower, ,{Sept. 1%c lower and Dec. 1%-%c lower. July and Sept. rye closed %c lower. July and Dec. barley closed ec lower and Sept. %sc lower. July ,|oats closed %c lower and Sept. Kc lower. July flax closed 2%c lower and Sept. 1%¢c lower. Cash wheat receipts were consider- 4 |ably smaller and in fair to good de- %s!mand at firm comparative prices. , | Winter wheat was in quiet to fair de- mand and unchanged. Durum was firm and unchanged with demand good for only the fancy amber. Cash corn demand, was less broad with prices steady. Oats demand was good with tone firmer. Rye de- Barley tone Minneapolis, June 4% |Was firm and demand good for the limited supply of desirable malting quality. Flax demand is still good. Lo | Grain Quotations | MINNEAPOLIS RANGE 20.—(F)— Wheat— Opes High Low Close 15% 7 ‘TAY 1414 5 ‘15% 7558 18% 18% 16% 77 62 62% «6158 61% 64% 6412 62% 62% . 172% » 15 1.7243 175 1.7042 171% —Hogs, 25,000, including 13,000 di-| Nat, Biscuit 55% rect; active, mostly 10 higher than|Nat, Gash Re 188 chicago, ee ee yesterday; bulk desirable weights |Nat. Dairy Pri 21% |“ Wheai- Open High Low Close 4.60-70; top 4.70; 300-400 Ibs. 4.35- nee poeer ae AT "he 15% .75% $9 140. ee 5.60-4.605 pigs aun en Pe 1% hs 1% m0 3 packing sows 3.80-4.10; lig! ee 4 d light, good and choice 140-160 Ibs. | NecpNEr Went - : 3.60-4.40; light weight 160-200 Ibs.|North American . Sie sie ane 4.00-70; medium weight 200-250 Ibs.|Nofthern Pacific : ee ee 4.60-70; heavy weight 250-350 Ibs. |Qhio Oil... : : pa 4.45.70; packing sows, medium and | Bac; Gas (7) El. . 33 31% good 275-550 Ibs. 3.60-4.30; pigs, | Patkaca Motor. 35 33h good and choice, 100-130 Ibs. 3.00-65. |parmelee Trans. 36% 35 Cattle 6,000; calves 3,000; strictly |Pathe Exchange good and choice fed steers and year-|Penney (J. C.) 85 85. 63% 63% lings scarce; strong to shade higher; |Penn. R. R. ve a tke ce ee some atone apparent on medio pauline ree. i. : epee grade light offerings, also on desir- , 39% 39% ‘a able medium weight and weighty Ea Sve. N. J. 2" 2 a a steers; common grass kinds slow; MH MH 44 M4 very) Hud apes in Fan es value to eit ss " 640 640 612 612 sell above 6.00; early top medium io-Keith Or ee) * gi fl ¥ t weights 6.60; mostly 6.25-6.00 trade |Resd&ine’ Ge. : PAB Ter ABS) 3687) A087 with grassy kinds 4.50 down to 3.00;|Remington Rand . : 7.00 ut steady at -90-9.00 5 os - slaughter cattle and vealers: steers, |Reynolds Tobacco est DULUTH RANGE good and choice, 550-900 Ibs, 5.25-|Roval Dutch Sheli 27% |Duluth, Minn., June 20.—()— 7.25; 900-1100 Ibs. 5.25-7.25; 1100-|Safeway Stores ..... 2 54% |. Durum— Open Hizh Low Clos: 1800 Ibs. 5.50-7.25; 1300-1500 Ibs. | : Sie 86% 66% 5.25-6.75; common and medium 550- : are 1300 Ibs, 3.50-5.50; heifers, good and : Oe ie choice, 550-750 Ibs. 4.75-5.75; com-|Seaboard Ol 2 6363 mon and medium 3.00-4.75; cows, |S! ‘6464 good 3.25-4.00; common and medium |Servel, Ines. ees-ssseerseere Bo Jeon cin A tees 66% eousaa ne enter and Sater. 1.75- |g) 141.74 .75; bulls (yearlings excluded) good |si; eee 1 (beef) 8,00-50; cutter, common and Simms Petro: Zi Lm 174 medi 2504 ne Neslera: nan aa ven SRR ee 1.74% 1.74% choice 00-0.50; met 1-00-50; ve iq . Las » APO! cull. and commen, 2.50-4,00; ste 2 Southern Pacific . + 2H) MINNEAROIAS CASE GRAIN i § Steers, | Southern Railways 23° | Minneapolis, June 20.—(?)—Wheat - good and choice, 500-1050 Ibs, 4.75-|EDarus Tt tuinaton : “7 |receipts Tuesday 124 compared to 151 Ot sumnion and, medium Lo iB rey Brands ... 1 20 |@ year ago. cep, 9,000; meager supply all istand. Gas. & Elec. oa Wheat— classes strong to shade ienect Stand. Oil Calif. _ Frid 15% protein Delivered To Arrive choice lambs 10-15 up; early top 7.75 ad, Oil 7 . 37% )1 dk north. .78% 80% .78% 80% paid by city butcher; bulk desirable + 7% |2 dk north. .76% .78% ..... ..... native ewe and wether lambs 7.00-|5 + 6% 13 dk north. .15% 16% erie 25 to packers; lambs, 90 lbs. down, + ak ee pon good and choice, 7.00-85; common Ri 2 dk north. and medium 5.00-7.00; ewes 90-150 3 z if Tim 29% tbs. good and choice, 1.75-3.00; all 32 13% prote! weights, common and medium 1.25- oe Carbide . da “ as ay 25. inion Pacific 5 Sioux cue pe y, {United Fruit . . 50% 1 dk north. .16% .77% .16% .77% 8. Dep. Agr.)—Cattle 3,500; slow, bet-|U- Gas. & Imp. . - 2% /2 dk ‘ . Dep. Agr. 500; A US. Ind, Alcohol - + 51% (3 dk 15 ter grade slaughter steers, yearlings /yS) Realty & Imp. . ¢ 12% (Grad and fat heifers about steady; others|y. 5. Rut ores - 13% |1 dk weak to 25 lower on beef cows; stock-|U. S. Steel . : - 56% |2 dk ons ana feedera peal: eatiered. setly il ow ae. ae 2 gle ie ae 6a] ughter steers and year! to| Vana i os shippers 4.75-8.75; few fat helfers| Wabash Rallwa: Paar ie 425-75; most beef cows 2.75-3.50; low | Warner Fel. 4 2 11%!3 north. 1). 174% [75% ss. cutters sa cae: regret stockers | western Union 53% Montana Winter Wheat and‘ feeders mai .00 down. Westgh, Aih Br, 28% |14% protein Hogs 9,000; fairly active, fully 10 Wosteh El. & Mf 47 |1 DHW or 7 _ a higher, spots 15 up; top 4.40; bulk 180-|Woolworth ..... 44% 1 H W..... 80% 81% 80% 81% 325 Tb, butchers 425-40; most 140-180 oe ib, averages 3.75-4.25; sows 3.50-85; feeder pigs 3.50 down. native lambs mostly 7.25-40; bid on Jo Win. “18% 70% 18% 70% Sheep, 3,000; fat lambs bids and ichoice Idaho odd lots fed clipped}; Bw or ales tully 25 higher; spots up more; | yearlings 525, WH Weersy 16% Mie 76% 617% in, Livestock and Market Report for Tues., June 20 ~ BULLS LOSE FEVER TURN DOWNWARD AS) Grade of 1 DHW or 1H W., 15% 7658 15% 7655 Lote nd South Dakota Wheat Beye | jL HW... 15% 17% 75% .IT% | Grade of 1 DHW or 4 Ch 1 amber 1% 13% protein ;2 amber... 715% Choice of 14% 1_amber.... 12% protein amber.... 68! Grade of Flax: seveee LTD 1.74% LT1'5 .... CHICAGO CASH GRAIN Chicago, June 20.—()—Wheat, No. 1 red 77: No. 3 yellow hard 75; corn, No. 1 mixed 44 1-2; No. 2 yellow 43 1-4 to 46 1-2; No. 2 white 46 1-4 to 47; sample grade 25 to 36; oats, No. 2 white 32 1-2 to 3-4; rye, no sales; barley 33 to 54; timothy seed 2.85 to 3.85 per cwt.; clover seed 8.00 to 12.50 per cwt. MINNEAPOLIS FLOUR Minneapolis, June 20.— (AP) — Flour 15¢ higher. In carload_ lots family patents quoted 5.65-5.75 a barrel in 98-Ib. cotton sacks. Shipments 23,331. Pure bran 12-12.50. Standard middlings 12-12.50. RANGE OF CARLOT SALES Minneapolis, June 20.—(4)—Range of carlot grain sales: Wheat, No, 1 dark northern 78% to 84%; No. 1 northern 78%; No. 1 mixed 77 to 71%; No. 3 hard winter 75 1-8; No. 1 hard white 78; No. 2 mixed durum 64% to 65%. Oats, No. 2 white 3114. Rye, No. 1, 63% to 64%. Barley, No. 3, 41; sample 35's. Flax, No. 1, 1.74. Corn not quoted. DULUTH CASH CLOSE Duluth, June 20—(4)—Closing cash prices: Wheat, No. 1 dark northern 76 3-4 to 82 1-4; No. 2 do. 76 1-4 to 81 1-4; No. 3 do. 75 1-4 to 79 1-4; No. 1 northern 76 3-4 to 82 1-4; No. 2 do. 76 1-4 to 81 1-4; No. 1 dark hard winter Montana 76 1-4 to 81 1-4; No. 1 hard winter Montana 76 1-4 to 81 1-4.; No. 1 amber lurum 67 5-8 to 75 ; No. 2 do. 66 5-8 to 74 5-8; No. 1 durum 66 5-8 to 69 5-8; No. 2 do. 65 5-8 to 68 5-8; No. 1 mix- ed durum 65 5-8 to 71 5-8; No. 2 do. 65 5-8 to 70 5-8; No, 1 red durum 65 5-8. Flax on track 1.74; to arrive 1.74; Joly 1.74; Sept. 1.74; Oct. 1.7441; Nov. 1.75%. Oats, No. 3 white 30 3-4 to 31 3-4, No. 1 rye 63%. No. 1 yellow corn 44. Barley, malting 377; to 3! spe- cial No. 2, 35 7-8 to 37 7-8; No. 3, 43% to 35%; lower grades 21% to 327%. BISMAKUr. GRAIN (Furnished by Russell-Miller Co.) Date June 20. No. 1 dark northern . $ 58 No. 1 northern.. ... 58 No. 1 amber durum . - 46 No. 1 mixed durum ..... « 45 No. 1 red durum . » 4M No. 1 flax ..... + 148 . 145 45 20 19 5 WINNIPEG CASH GRAIN Winnipeg, June — 20.—(/P)—Cashj wheat No. 1 northern 65's; No. 2 northern 63%; No. 3 northern 62%. Oats No. 2 white 2814; No. 3 white 2648. ——— —__—__—e | Produce Markets | et CHICAGO Chicago, June 20.—(P}—Butter was firmer in tone Tuesday and 1-4 cent higher on top scores. Eggs were also firm but poultry ruled unsettled. Butter 18,664, firm; creamery spe- cials (93 score) 23 to 23 1-2; extras (92) 22 1-2; extra firsts (90 to 91) 21% to 22; firsts (88 to 89) 12% to 20 1-2; seconds (86 to 87) 17 to 18 1-2; standards (90 centralized car- lots) 22 1-2. Eggs 15,305, firm; ex- tra firsts cars 12 1-2; local 12; fresh graded firsts cars 12 1-4 local 11 1-2; current receipts 10 3-4; storage packed firsts 13; storage packed ex- tras 13 1-4, Poultry, live, 60 trucks, unsettled; j hens 9 1-2 to 10 1-2; leghorn hens 8; roosters 8 1-2; No. 2, 6; turkeys 10 to 11; spring ducks 8 to 9; old ducks 5 to 6; geese 6 1-2; leghorn broilers 11 to 13 1-2; rock broilers 16 to 17; col- ored broilers 15 to 16. NEW YORK New York, June 20.—(#)—Butter 26,170, firm. Creamery, higher than extras 23 3-4 to 24 3 extra (92 score) 23 to 23 1-4; first (87 to 91 score) 21 to 22 1-2; seconds 19 3-4 to 20 1-4. Centralized (90 score) 22. Packing stock, current make, No. 1, 15 to 15 1-2; No. 2, 14 to 14 1-2. Cheese 397,539, steady; prices un- changed, Eggs 42,408, firm. Mixed colors, special packs or selections from fresh receipts 15 to 17 1-2; standards and commercial stanlards 14 1-2; firsts 13 1-4 to 1-2; seconds 12 to 13; me- diums 39 Ibs. 12 to 12 3-4; dirties No. 1, 42 1s, 12 to 12 1-4; average checks 10 1-2 to 11; storage packed, firsts 13 3-4 to 14. fresh 16-20; frozen 15-25; fresh 12-18; other prices unchanged. Live poultry easy. Broilers, freight 12-17; express unquoted. Fowls, freight and expresg 10-13; rooster, =~ *!U. S. shipments *} 21.00; freight and express 9; other freight and express unchanged. | Miscellaneous | CHICAGO POTATOES Chicago, June 20.—(AP-U.S.D.A.) = Potatoes, 75, on track 215, total 468; new stock, strong, trading good, supplies mod- erate; North Carolina bbl. Cobblers U. S. No. 1, 3.75; sacked per cwt. Oklahoma, Arkansas and Louisiana Triumphs U. S. No. 1, 2.25-35; few 2.00-15; old stock, firm, demand lim- ited, supplies moderate, Wisconsin round whites and Michigan russet rurals 1,85-50; occasional _ best higher. MONEY RATES New York, June 20.—(AP)—Call money steady; 1 per cent. Time loans steady; 60 to 90 days 1; 4 mos. 1 to 1%; 5-6 mos. 1% per cent. Prime commercial paper 1%. ¢ CURB STOCKS New York, June 20.—(?)—Curb: Cities Service 5. Elec. Bond & Share 35%. Standard Oil, Ind., 31. United Founders 2%. FOREIGN EXCHANGE New York, June _19.—(#)—Foreign exchange strong. Great Britain de- mand in dollars, others in cents: Great Britain, 4.14%; France, 4.82; Italy, 6.40; Germany, 29.10; Norway, Sweden, 21.40; Montreal in New York, 89.62'2; New York in Montreal, 111.50. GOVERNMENT BONDS CLASSIFIED AD RATES 1 insertion, 15 words 45c 25 words ......... . 2 consecutive insertions, 25 words 6 consecutive r 25 WOTdS .....eseeeeeseeeee $1.45 All ads of over 25 words add 3c per word to above rates, All want ads are cash in advance.| Copy must be received at The Trib- une office by 9:00 a. m. to insure insertion same day in the regular classified page. Cuts, border or white space used on want ads come under the classified display rates of 75 cents per column inch per single insertion. ——. i Sees Dollar Wheat | | Before Year’s End | New York, June 20.—(P)— Sehator Arthur Capper of Kansas looks for dollar wheat by the end of 1933. Cheerfulness about the future was the keynote of an interview given Monday by the Republican senator, a veteran in the fight for remedial farm legislation. He said commodity prices should continue to rise, thus in- New York, June 20.—(?)—Govern- ment bonds: Liberty 3%2s 102.18 Liberty Ist 444s 102.10. Liberty 4th 4%s 103.1 Treas 4%s 110. Treas 4s 106.11 FOREIGN EXCHANGE New York, June 20.—(#)—Foreign exchange strong. Great Britain de- mand in dollars others in cents. Great Britain 4.11 France 4.8414; Italy 6.4414; Germany 29.25; Norway 21.15; Sweden 21.55; Montreal in New York, 90.00; New York in Montreal, 111.12%. MINNEAPOLIS STOCKS CLOSE (By The Associated Press) First Bank Stock 9%. N. W. Banco 1054. CHICAGO STOCKS (By The Associated Press) Midwest Util %. McGraw El 5%. BOSTON WOOL Boston, June 20.—(#)—The wool market is fairly strong on 64’s and finer western grown wool, and prices show a rising tendency. Good French combing and average strictly combing 64’s and finer territory wools sold in original bags 70 scoured basis. Choice 12-months Texas wools bring 70 scuor- ed basis, and 8-months Texas wools realize 65-67 scoured basis in a num- ber of instances. ONTINUE[| Crops Throughout State Damaged by Recent Heat Wave fering, asserted Boss, whose statement was corroborated by reports from all sections of the state. Northern areas are affected considerably also, he added. The heat continued Tuesday. “Even if the central section re- ceives rain now, some of the damage to the small grains is irreparable,” Boss said. “The grains have started to head out and the present hot weather blast has caused considerable damage. “In this same section, pasture lands and hay meadows are badly damaged also, as well as potatoes. If no rain comes soon, the potato crop will be small.” Boss said that every part of the state was badly in need of moisture but the heavier soils of the southern portions of the state have resisted the drought better than the sandier parts in the northern and central part of the state. Heavy Soil Helps “From the Twin Cities, south,” Boss declared, “the heavy soil has protect- ed the crops from the heat wave to some degree and the crop damage is not so severe. But unless that section gets rain immediately, heavy damage is certain. “The northern part of the state is hit rather hard. But the Red River valley seems to be in fair shape, as yet, although I have received no com- plete reports of damage in that sec- tion as yet.” Railroads, grain commission houses, banks and others which have been getting daily reports from all parts of the northwest, report the situation as serious. Small grain crops of large area of South Dakota are gone despite some rain last night. Reports were that in some districts rainfall would bene- fit nothing but corn, which still is in fair to good condition. Damage from 25 to 100 per cent is reported. One of the hardest hit districts being a- round Aberdeen. Some grain fields are being cut for hay. Montana crops are reported in fair condition, prospects there being about the same as in North Dakota. Iowa's small grain crops have been damaged but corn still is in good shape. Pas- tures are very dry. Nebraska condi- tions are nearly as bad as in South Dakota. Vehicle Registrars To Meet in Detroit Lansing, June 20.—(#)—Forty states and six Canadian provinces will be represented at a meeting in Detroit June 27-29, to consider plans for the formation of a national conference of motor vehicle administrators, Frank D. Fitzgerald, secretary of state, an- nounced Tuesday. Topics to be discussed include reci- procity between states in the enforce- Dressed poultry irregular; chickens,}ment of motor vehicle laws, uniform turkeys, |drivers’ license statutes, and financial responsibility of drivers. _ Use the Want Ads creasing employment and wages. Wheat that sold at 30 cents a bushel last year at this time now Sells around 60 cents, and he said that by the end of the year it will yield the farmer $1. Asked whether the latest farm legislation, with its bonuses for acreage curtailment, would work, he said: “I think that in the hands of Secretary Wallace, a high-class man and the ablest agricultural economist we have in the west, that it is bound to work.” He said that “this country goes up or down as agriculture goes, and increased purchasing power on the part of the farmer will be reflected almost immediately in all branches of business.” CONTINUED) sfrom page one Pittman Proposal Wins Favor From Several Nations of this monetary reserve in silver; that debasement by governments of silver coinage should cease and that nations with large silver supplies should regulate sales. While the Pittman plan was under discussion by the monetary commit- tee, an American price-raising pro- gram received strong support in a British resolution placed by Neville Chamberlain, British chancellor of the exchequer, before the committee deal- ing with temporary monetary meas- ures. This resolution stressed necessity of recovery in the level of wholesale prices sufficient to yield an economic return to producers of primary com- modities and to restore equilibrium. It further said monetary action was one of the essential points to achieve this goal and contended that cen- tral banks should announce an in- tention to work together for cheap and plentiful money. AMERICA STANDS PAT ON PREVIOUS POSITION Washington, June 20—(?)—No stabilization of currencies in the im- mediate future is foreseen by the United States government. The belief of the administration was expressed through the treasury Tuesday that the time had not yet arrived to consider currency stabiliza- tion and the settlement of the ques- tion would depend upon developments. It was said conditions in this coun- try are proceeding satisfactorily with- out stabilization and by waiting until conditions reach a more “normal” level, the true worth of various cur- rencies could be determined. ‘The explanation of the government's attitude toward the question followed the treasury’s announcement Monday that the American government could not consider entering into an agree- ment at the London economic con- ference to stabilize currencies, except in light of solution of many other Problems facing the conference. It was said no further communica- tion regarding stabilization had been received from the American delegates and the question remained just where it stood with the United States unal- terably opposed to singling out that question for immediate solution and leaving other and more important problems to be solved later. The question of stabilization, it was said, would be considered in this country when it was found necessary and until that time a hands-off policy would be maintained. Moley Going to London ‘Tuesday Raymond Moley, assistant secretary of State and closest of Pres- ident Roosevelt's advisers, was enroute to London and Bernard M. Baruch took over unofficial but reau super- vision of Washington policy. He has no federal appointment or salary, but from a state department office is act- ing as contact man between the var cationing president, the American delegation at London, and the key departmental officials in the capital. These significant shifts were timed with Monday’s introduction at the London conference of the American currency plan, involving a bi-metallic standard by which paper money would have a 20 per cent gold backing and five per cent optionally in gold or silver. Officials here said the prof- fer of this program not only attested to United States willingness to obtain general resumption of a fixed money standard but also was a signal for the conference to get to work earn- estly after the near-crises of the past several days. The bimetallic base plan was draft- ed in Washington under President Roosevelt's eye. It is a marked de- parture from the gold standard which not only did not admit silver as cur- tency cover but fixed the gold back~ ing at 40 per cent. In actual practice in recent years the American cur- rency was backed by as high as 70 Want Ad Taker Female Help Wanted WANTED—Experienced girl for general housework. Family of 2! adults, Must be good cook. Apply 117 Main Ave. or phone 751. Houses and Flats FOR RENT—6 room modern house, 3 bedrooms and screened porch. Call at 111 Ave, A. West. FOR RENT-—5 room modern house. full basement. Gas, hot and cold water. Located at 324 14th St. and Rosst See Frank Krall. FOR RENT—Five room modern stuc: co bungalow. Well furnished. Heat furnished, also heated garage. Available July 1st. Call at side en- trance, 1106 Avenue C. FOR RENT—Lower duplex, east front, corner 7th and Ave. C. W. A. Hughes, 616 7th St. Please do not phone. bi FOR RENT—Six and 7 room modern houses. Also 5 room partly modern cottage. Close in. Nicely furnished sleeping room in quiet home. In- quire Arthur Shipp. FOR RENT—New 4 room stucco house, 5 and 7 room houses, 4 room bungalow on terms the same as rent with small cash payment. T. M. Casey & Son. SUBSCRIBE FOR THE TRIBUNE For Sale FOR SALE—$100 credit slip on new Plymouth car. Best offer takes. Write Tribune Ad. No. 4289. SUBSCRIBE FOR THE TRIBUNE —_—_—_————— Personal YOUNG WOMAN, 25 years old, must have $125.00 at once. Will do ab- solutely any work in return for loan of this amount. Reliable party. Write Tribune Ad. No. 4332. THE NEW G-S. FLEXO CRYSTALS at a reduction in price. Also watch- es and jewelry carefully repaired. Located at Harris & Woodmansee. C. M. Walker. Known in the jewel- ry business in Bismarck for the past 4% years. INFORMATION WANTED I have been informed that there has appeared in some papers an adver- tisement wanting to know the whereabouts of Walter E. Carring- ton. He may be reached by writing or calling at 7511 64th Avenue Southeast, Lents Stations, Portland Oregon. Mr. Carrington once lived at Bismarck, N. Dak., also at Mel- lette, S. Dak., as Evangelist Car- rington. CONCESSIONS wanted July 4th. Write 8. R. Norris, Mercer, N. Dak. EXPERT WATCH REPAIRING—At one half price. All work guaranteed one year. Regular $1.00 fancy crys- tal, 50c; watch cleaning, regular $2.00, now $1.00. Wrist watches cleaned, regular $3.00, now $1.50, An Up-To-The Minute Directory Of The City’s Wants Phone 32—Ask for a Business and Professional Service Guide TYPEWRITERS Call Capital Typewriter Co. 207 Brondway. Phone 820 Apartments for Rent FOR RENT—One of the coolest apts in city with screened-in sleeping Ne at Woodmansee Apts, 423- si HE. private entrances. Also 2 room apt, close to bath. Bassinet for sale. 523-6th St. Phone 213-M. FOR RENT—3 room newly decoratea furnished apt. $25.00 per month, 2 room apt. $20.00 a month, Bath on 2nd floor. Also 1 room basement apt. $12.00 per month. Inquire at 1014 Bdwy or 1100 Bdwy. FOR RENT—Three large rooms for light housekeeping. Also one large sleeping room suitable for one or two. Phone 983-R, or call at 827 5th St. FOR” RENT—Furnished 2 room apartment. Newly decorated, Also 3 room apartment with private bath, Use of electric washer. Rental $25.00 and $30.00. 618-6th St. FOR RENT—Furnished and unfur- nished all modern apartments in the Rue apartments. One 2 room furnished and 1 three room unfur- nished. Laundry privileges and private bath. Call at 711 Ave. A or Phone 1256-W. FOR RENT—Two furnished 2 room apartments. Lights, gas and tele- Phone included. Also one room apartment with kitchenette. Call at 801-4th St. FOR RENT—Two large light house- keeping rooms. Laundry privileges. 106 Main. Nicola Apts. FOR RENT—Cozy two room furnish- ed apartment. Gas range and sink in kitchen. Water, lights and gas furnished. 819 5th St, FOR RENT—Well furnished 2-room apartment. Running water. Use of Frigidaire and telephone. Also single room and kitchenette. 411 _5th 8t. Phone 273, FOR RENT—New 3 room modern furnished apartment. Reasonable. Phone 347, FOR RENT—Modern furnished apart= ment including electric refrigera- tor, roll away bed with spring mat- tress, overstuffed suite and modern conveniences. Close in, Phone 260. Dr. R. 8. Enge. YOR RENT—Strictly modern furnlsh- ed and unfurnished apts. Rose Apartments. 215 3rd St. F. W. _ Murphy. Phone 852. Main spring, $1.25. Dean E. Kysar,|FOR 310-4th St. 2nd door north of Montgomery Ward. RENT—Modern apartments 10 fireproof building. Inquire at Trib- une office. SUBSCRIBE FOR THE TRIBUNE Household Goods for Sale FOR SALE CHEAP—Steinway parlor grand piano. Style M, Mahogany case. Write Tribune Ad No. 4312, FOR RENT—Furnished apartments, 1 or 2 rooms. Call Custodian, College Bldg. or phone 1063. —J ™m apartment fireproof building at reduced rents, Inquire at Tribune office, FOR SALE — Dishes, icebox, chairs, dress form, bed complete with spring and mattress, rag rugs, chif- fonier, laundry tubs, wringer. Mrs. R. J. Kamplin, 930 7th St. Phone 1057. Real Estate FOR SALE—Seven room modern home located in best residential district in Miles City, Mont. Will sell at a bargain, on easy terms or will trade for Bismarck property or cattle. Phone 1055 or write Trib- une Ad. No. 4329. FARM LANDS—For sale or trade: Have a quarter section of land with 110 acres broke. Joining town of Ft. Clark. Will trade for a larger tract of land at a reasonable price. Does not necessarily need to be all tillable but must have buildings and run- ning water. If interested, write to Mike Victor, McKenzie, N, Dak. FOR SALE—All modern 9 room house. Located at 930-7th Street. Mrs. R. J. Kamplin. Phone 1057. per cent of gold or more. Other gold standard currencies have been in pro- portion. General Electric To Increase Wages Schenectady, N. Y., June 20.—(®)— The fifty thousand employees of the General Electric company in its plants in various parts of the country will receive a five per cent increase in wages, effective July 1. L, L. Martin of the Minneap- olis office of Remington Rand will be in Bismarck at the Prince Hotel on Thursday, June 22, to place an agency for Remington Typewriters for the city of Bis- marck. Prospective dealers are invited to phone or write for appointment. FOR RENT— Furnished or unfur- nished apartment. Varney Apts. Phone 773. SUBSCRIBE FOR THE TRIBUNE ———_$_—_— Rooms for Rent FOR RENT—Furnished room in modern home. Suitable for light housekeeping. Also basement room. Call at 120 Avenue B. FOR RENT—Sleeping room, close Reasonable. Private entrance. _ West Broadway. Phone 1629 FOR RENT—Two rooms in modern home furnished for light housekeep- ing or sleeping. Rent reasonable. Close in. 208 Rosser Avenue. FOR RENT—Furnished, cool, pleas- ant sleeping rooms. Suitable for one or two. Cheap. 307-4th St. FOR RENT—Modern furnished room. Suitable for two young ladies or man and wife. Hot water at all times. Call at Business College Bldg. Apt. 209. Phone 775. Automobiles for Sale vrole’ GOO condition, also semi-trailer wit! stock rack, 8x20. All in good com dition. Cheap for cash or will trade for cattle or hogs. Phone 1055 or write Tribune Ad. No. 4330, udebaker sedan in good condition. Cheap for cash or trade for cattle. Phone 1055 or write Tribune Ad. No. 4331. FOR SALE—Ford A coupe and sedan Ford T coupe, 2 door sedan, and pick-ups. 27 Chevrolet coach, '32 Chevrolet coach, like new. Hedeh! Motor Co, Nash Dealers. 201 Broad- way. in. 303 Wanted to Buy WANTED—Small, cash register. Must be cheap. Corwin-Churchill Motors, Inc., Bismarck, N. Dak. WANTED TO BUY WOOL—We are in the market for wool every day in the year. Be sure to see us before you sell. Wool bags and twine fo: sale. “NORTHERN” Hide and Fur Co Box 26%, Bismarck N. Rak

Other pages from this issue: