The Bismarck Tribune Newspaper, June 26, 1933, Page 1

~~ North Dakota’s \ ° Oldest Newspaper ‘, THE BISMARCK TRIBUNE Weather Report Generally fair tonight oy Tuesday, except thunder storms or tonight; cooler. ESTABLISHED 1873 BISMARCK, NORTH DAKOTA, MONDAY, JUNE 26, 1933 PRICE FIVE CENTS Wheat Prices Soar Seven Cents Couzens Urges Adjustmen al * debt structure must be adjusted. . Opposition Has Grown DOES NOT REFER 10) |{_Menious Pare T/INCREASE IN FARM |{ Specting Prosram {/ Bomb Explodes in WAR DEBTS IN TALK BEFORE CONFERENCE Recommends Establishment of Permanent Body For Ad- visory Functions WHEAT CUT PLAN HITS SNAG Silver Stabilization Scheme Makes Big Step With India’s Approval London, June 26.—(#)— Senator James Couzens of Michigan, Ameri- can delegate, stirred the world eco- nomic conference Monday de- laring in a speech that the world’s PRICES WHITTLING | PROCESSING TAXES Situation Brings Fear That Pro- gram For Acreage Reduc- tion May Suffer INFLATION THREAT POTENT Prices of Materials Farmers Buy Haven't Risen As Fast As Products Washington, June 26.—(#)—The in- crease in farm prices is steadily whittling down the size of the pro- cessing taxes administrators of the| program, Colonel Donald H. Sawyer} Colonel Lindbergh’s job will be to He emphasized the necessity of or- ganizing creditors throughout the rm world and of establishing some form of permanent body to act in an ad- visory capacity between organized creditors and organized debtors. The Republican senator did not mention war debts but referred to indebtedness in general. He warned that “this is in no sense to be con- strued as an invitation to debtors able to pay to scale down their obli- gations. “Certainly it is not an invitation to default,” he said. He urged world-wide action to raise prices and to increase the de- mand for raw materials in his ad- dress, made before the sub-commis- sion on immediate measures for fi- * nancial reconstruction. The senator asserted he did not be- Neve “that prices can be raised by monetary means alone.” Senator Couzens declared an in- creased demand for raw materials, as contemplated by the American pro- gram, offers, in his opinion, “far more hoped for world recovery than can possibly be expected merely from a reduction. in tariff duties on @ number of manufactured articles which are highly competitive be- tween nations.” ‘The lone Republican in the Ameri- can delegation spoke in elaboration of the resolution the Americans have introduced on expansion of credit and synehronized programs of pub- “lic works to again start the wheels of industry. In direct fashion the sen- ator expressed the belief debate has reached a point where various views can be drafted into concrete resolu- tions for adoption. Action on the wheat acreage re- duction plan was deferred indefi- nitely Monday when it developed that Stanley M. Bruce, Australian delegate, was unable to associate himself with a restriction scheme. Dispatches from Australia, indicat- ing the growth of opposition there, further intensified anxiety in Ameri- can quarters that the project, which had seemed on the verge of adoption, might either fall through or be fur- ther delayed. The present plan is to hold a meet- tng in the morning of the “big four” conferees, representing the United States, Canada, Australia, and Argen- tina. It is believed that Bruce's in- structions will be complete at that time. Meanwhile the Americans, Argen- tines and Canadians, all of whom are agreeable to the acreage reduction principle, were examining their posi- tions further to see what could be done if the Australians completely re- fused to participate. The Australian position, as under- stood by the Americans, is that an ,egreement of all producing states must be obtained before Australia can promise to participate. Silver Progress Made Adolphe Menjou and his wife, Kath- Carver, have separated again and one soon will seek a divorce. The movie couple is & property settlement. Separated last fall, the Menjous were i & month r. TWO WILL VOTE ON DRY LAW TUESDAY California and West Virginia: Will Go To Polls in Pro- hibition Poll (By The Associated Press) The old “get-out-the-vote” plea Monday wound up campaigning in the two states—California and West Vir- ginia—which will decide Tuesday what they want done about the pro- hibition amendment, For once the wets and drys claimed common objective. In an argument over whether heavier votes jchanged the results in the 14 states that already have endorsed repeal, their leaders agreed, in Washington, that everybody should ballot in Tues- day’s elections. J Both states, though, were looked up- on as only a sort of warm-up for what is considered a more crucial test on July 18 when Alabama and Arkansas become the first southern common- ‘wealths to act on the 21st amendment. Monday also was the day for In- diana’s 329 delegates in convention to express formally their state’s deci- sion, recorded in the June 6 election. ‘Two hundred forty-six delegates were Pledged to vote for repeal, 8&3 against. HOLD SUSPECTS IN would have’ ton. Mingled with their satisfaction with the rise is a fear it may reduce the potency of their plans for a cut in American farm production by trim- ming sharply the revenue from these taxes which will be available for them to finance acreage reduction. If prices advanced until the farm- er's wheat. or cotton-dollar were cap- able of the same purchasing power it had in 1909-1914, there would be no room for levying a tax. Then the “emergency” described by the farm act would be at an end. This, how- WILL MEET AT FARGO Washington, June 26—(7)—The first of four regional meetings of state extension directors to discuss application of Secretary Wallace's wheat plan will be held at Kansas City Monday and Tuesdy. Dates for the other meetings announced Monday by administrators of the farm act are: Spokane, June 30 and July 1; Fargo, N. D., July 7 and 8; Columbus, Ohio, July 10 and 11. None of the meetings will be public. eee es ever, administrators do not regard as an immediate possibility. ‘They can levy a processing tax on the basic commodities, wheat, cotton, corn, hogs, tobacco, rice and dairy Products. They have decided to order them into effect soon on wheat, cot- ton and cigar-leaf tobaccos. At their maximum these taxes can represent not more than the margin between the current farm price and the “fair exchange” value.of the com- modity based on its pre-war average. The “fair exchange” value is the price at which it should sell to make it appear the same purchasing power as it did in pre-war days. But prices of materials farmers buy 80 far haven't risen at the same rate as farm commodities, because infla- tion, even as a threat, regularly mani- fest itself in a rise in prices of raw materials well in advance of finished SEVERAL HOLDUPS|=* Will Attempt to Link Sioux Falls Group With Havana, N. “_D., Bank Robbery St. Paul, June 26.—(4)—Two opera- tives of the Minnesota bureau of crim- inal apprehension, O. C. Lee and Wil- Mam Conley, left Monday to question four men and a woman arrested in Sioux Falls, 8. D., by police who raid- eda hideout masked as a “riding academy.” Melvin C. Passolt, superintendent of the crime bureau, said the two opera- tives would take with them victims of the Ihien and Okabena, Minn., bank holdups in an attempt to connect the Wheat demonstrates what the ad- ministrators have to fear. About 10 days ago Secretary Wallace announced his acreage plan. He estimated the maximum processing tax based on early June price relationships would be 30 cents a bushel, producing $150,000,000 to pay to farmers as.a consideration for acreage reduction. Last week wheat markets scored a sensational rise, which also meant an. increase in the farm value of wheat {and a possible reduction in the amount of the essential processing tax. Period Still in Doubt Wallace has not announced what period will be selected for computing the farm price of wheat and the “fair exchange” value except that he will draw upon the facilities of his de- partment for the figures. These are | : : i NE _——————————s Appointed temporary administrator of public works under the act pro- viding @ $3,300,000,000 public works farm act can levy on wheat and cot-| 18 shown at his desk in Washington|determine for Pan-American Air- Portico ANNE 70 ACCOMPAN LINDY ON FLIGHT T0 ICELAND, DENMARK Lone Eagle Will Make Survey of Proposed Course For Pan-American Airways New York, June 26.—(#)—Mrs. Charles A. Lindbergh is going sky- trail blazing this summer with her husband; to Greenland, and perhaps to Iceland and Denmark. of Vatican Four Injured As Fanatic Regis- ters Disapproval of Span- Ish Excommunication CAUSES PILGRIMS’ PANIC Authorities Say Explosive Was Manufactured in Spain; Spaniard Under Arrest Vatican City, June 26—(®)—The bomb which exploded Sunday in the Portico of St. Peter's was manufact- ured in Spain and brought here by Demetrio Solamon, who carried a Spanish passport, police declared Monday after they had arrested Sola- mon, charging him with planting the as he began drafting, for presiden-| ways whether an America-to-Europe tial approval, a list of projects on| route by way of Greenland is feasible. which work can be started at once. | His wife, who accompanied him on PETITIONS FOR NEW N. D. BEER MEASUR FOUND SUFFICIENT Petitions to Refer Four Laws and Initiate Sunday Movies Bill Okay Petitions for initiating a new beer Jaw were held sufficient Saturday by India indicated to the conference|men and woman with the bank raids. Monday her willingness to cooperate} One of the four men, Floyd Strain, in the rehabilitation of silver, as pro-|28, was said by officers to have been jected in the resolution of Senator | identified as one of the Ihlen bank Key Pittman. , robbery participants, while the wom- This was authoritatively disclosed|an, who gave her name as Dora Jones, after a meeting of the conference|21, of Melford, Ia., answered the des- silver committee, at which Sir George Shuster, secretary of the treasury for India, was present. Americans and others interested in the rehabilitation of silver said this was the most important event which could have happened to force the pro- gram to a successful conclusion. India is the world’s largest holder of | silver, having on hand some 400 mil- lion ounces, Her adherence to the Pittman plan, therefore,, is considered absolutely vital for its success. Experts say if the nations holding silver agree to control the flow of the metal to the market, then it will be easy to fix and maintain a price. Stabilization Essential Stabiligation of the silver price 1s essential to the American plan by which one-fifth of each nation’s cur- rency coverage would be in silver. If the price can be fixed and maintained cription of a woman who took part in the Okabena robbery. Police have searched the northwest more than a month for Strain, offi- cers said, following his brothers ar- rest in Sioux City, Ia. Others arrest- ed by Sheriff Melvin L. Shells and deputies were Les Clemens. 38, Oma- ha; Ben Brune, 32, Sioux Falls, own- er of the “riding school” and Floyd Lingle, 24, Britton, 8. D. The group also is suspected of bank lootings at. Kaylor and Canova, 8. D., Havana, N. D., and an attempted rob- bery at Huron, 8. D., in addition to the Minnesota holdups. Grasshoppers Raid Saskatchewan Crop Winnipeg, June 26.—(#)—Thirty- thousand acres of crops in the south- eastern section of Saskatchewan, from regularly computed by the bureau of agricultural economics on @ monthly basis. Its next report will cover the period May 15 to June 15 and these results will be available about June 29. The rise of last week will not be reflected that report. But there is nothing period May 15 to June 15 as for the wheat processing tax put into effect between 15, probably July 8. the average for the last which would mean a high- the low August 1 and which the farm act requiring Wallace to| ; then there is greater likelihood of the| Estevan to the Manitoba border, and Pittman resolution being adopted by|in the Gravelbourg district, it is esti- 4the major nations attending the con-|mated, will be @ total loss. Millions ference. Adherence by India advanced!of grasshoppers, ‘bringing destruction Senator Pittman towards his goal by, to the fast-growing crops, have in- a huge stride. vaded the south-eastern areas. The French quota truce proposal,| After high temperatures during the which was introduced as an offset to| week-end showers were reported from Secretary of State Cordell Hull's re-|Regina and other southern districts solution calling for complete abolition|Saturday, but rain is urgently re- of trade barriers, was fiercely attack-|quired in other areas of the province, ‘ed in subcommittee Monday morning | especially in western districts. In the by Hungary and Poland. Soy Sant Spd ecid: freee MP IRIE: id. Albania also registered oppos: . | cel Progress. 3) It continued hot in pantione dur- draft a report dealing with both the|ing the week-end, but there were ‘Hull resolution and the French resolu-|threets of rain, and much the same Hon . ‘ 'y foondition prevailed in Alberta areas. could have been at rate of 41 cents a pound. DROWNS IN MONTANA Roy, Mont., June 26.—(?)—Seeking relief from the heat by a dip in @ reservoir on the Harry McLaughlin ranch near here John P. Hors, 20, of Minster, drowned Sunday » Minn., night. ROB NORTH DAKOTAN Chicago, June 26.—(}—After being forced to the curb by two bandits, Cyrus Monly of Grand Forks, N. D., early Monday was forced to drive pee the city. He was robbed of Secretary of State Robert Byrne, clearing the way for a vote on the Proposal at the next statewide elec- tion. Sponsors of the bill, who submitted over 35,000 signatures, said the gov- ernor has promised a special elec- tion to vote on the measure. Unless such an election is called, the pro- posed measure will be voted upon at the June primary next year. Petitions for initiating the law to permit Sunday movies have been found sufficient, as have petitions to refer four laws enacted by the 1933 legislature. Operation of the laws referred is suspended pending a vote. If the special election is called, the Sunday movie proposal would go on the ballot with the beer bill. The vote on the four referred measures, including the sales tax law, must be deferred until next June, Charles Liessman, deputy secretary of state, said. The fact that the referendum Petitions specify they shall be voted on at the June, 1934, election makes it necessary to withhold submission of the issues until then, regardless of whether a special election is called, Liessman said. He declared this position is taken in view of a constitutional provision that initiated or referred measures shall be voted upon at any statewide election designated in the petition, or} at any special election called by the; governor. Since the petitions for initiating | the Sunday movie law do not specify any date, the proposal would be! Placed on the ballot at the next state- | wide election, special or otherwise, Liessman said. The referred measures provide for & 2 per cent sales tax, for abolition of ; the office of state bank receivers, for authorizing the governor to remove the workmen's compensation bureau commissioners without cause, and for the sale of legalized beer through municipal-controlled liquor stores. The initiated beer bill provides for @ tax on beer and for the licensing of legitimate business _ establishments} which desire to sell the beverage. —_—_—_ —______—-o Strange But True News Items of Day | | (By The Associated Press) | the flight to the Orient and more recently across the continent, will assist. She is a pilot, a navigator and radio operator. The flight is plamned to start some time in July. Col. Lindbergh will survey the route for landing places and to determine what type of plane is best suited for such flights, vided it is decided to inaugurate reg- ular transocean passenger and mail schedules. He is technical advisor! for the Pan-American Airways. A ship which will be used as a base for the fliers is to sail from Phila- delphia Tuesday. The Lindbergh itinerary has not been announced. It is understood the flight to Greenland is planned with as few stops as possible en route. The plane, equipped with pontoons, will be the same one used in the flight to Japan and Chin: 67 ARE KILLED BY QUAKE IN SUMATRA South Bencoolen, Hit Hardest, Inhabited Mostly By Malayan People Batavia, Java, June 26.—(%)—Sixty- Seven persons were killed Monday in a severe earthquake which struck South Bencoolen, a seaport on the west coast of Sumatra. Most of the inhabitants of the distric are Malayans. The earth shock also was felt at Kota Agung, Palembang, and Lam- Pung. At Kota Agung nine were kill- ed and 40 injured. Nearly 300 houses collapsed there. CALIFORNIA ROCKED BY SERIES OF QUAKES | San Francisco, June 26.—()—Moth- er Earth was back to normal stolidity Monday after gently quivering over a wide area of California and Nevada. The tremors, which at some places joggled crockery off shelves and rat- tled windows, occurred shortly after noon Sunday. Sacramento, Lake Ta- hoe and Reno and Fallan, Nev., re- {ported slight damage. In San Fran- cisco, the quake was so light it passed unnoticed by many persons. Two later quakes in Southern Call | fornia, which appeared to miss the mid-day jiggles, were reported from Santa Barbara at 10:30 p. m. No damage was reported. Slight damage was caused to a thea- ter at Fallon, 40 miles east of Reno. At Tahoe City, about the same dis- tance west, on the shore of Lake Ta- hoe, some walls were cracked. explosive. Authorities asserted the explosion was the result of the present strained relations between the Vatican and Spain following the pope’s encyclical of June 3 and the Latae Sententiae excommunications of members of the Spanish government. The bomb caused a panic in a crowd of Holy Year pilgrims. Four persons| were injured but there was little prop-} erty damage. Solamon’s arrest came about in a! curious fashion. Police said Solamon stood in the middle of St. Peter's Square near the ancient Egyptian Obelisk until the bomb exploded, whereupon he began to run away. A Fascist militia officer in civilian clothes started after him. He had passed the huge fountains to the left of the piazza when he put his hand inside his coat and threw something into one of the fountains, police said. and then dashed on, eluding the pur- suer by darting through the Bernini Colonnade to narrow side streets. The officer returned to the square and fished out a water-soaked Span- ish passport which he turned over to police. Police presented the passport to Giovanni Secchi, a checking booth at- tendant, who identified the photo- graph as that of the man who had de- posited the bomb package with him an hour before the explosion. The arrest was made early Monday morning. Police said the bomb was only mod- erately powerful. The pope was in his private library at the time of the ex- plosion and, thinking it was the can- nons which are fired daily to an- nounce the noon hour, went on with his work. As a result of the explosion persons entering the Vatican Monday for au- diences with the Pope were closely serutinized by attendants before be- ing admitted into the Pontiff’s pres- ence. Automobile Clue in Hamm Kidnap Case 8t. Paul, June 26—(7)—One of three automobiles said by police to have been used by a gang which hurriedly deserted a house here soon after William Hamm, Jr., wealthy St. Paul brewer, had been released by kidnapers, was found in a garage here Sunday. The machine was displayed on the garage sales floor and the manager said it had been purchased June 10 from an “A. Carter” of Kansas City in a deal handled through a local finance company of which Leon Gleckman of St. Paul, former con- vict, is president. Cc. J. Tierney, inspector of police detectives, said he planned to check the transaction further in an effort to learn the identity of the gang whose leader, police have been told, resembled descriptions of Verne San- key, and whose picture was partially British Take Lead In Golf Competition papers Bane 2 (P} .| Hamm was seized by two men near beers - Fae une aoe wa his home June 15 and was released Gene Sarazen staged a brilliant rally| early June 19 after payment of $100,- identified as one of the Hamm kid- napers. Sankey now is being sought 000 ransom. Monday afternoon to finish all square with Percy Alliss and Charles Whit- |combe British aces, in the first four | two-ball foursomes opening the Ryder Cup golf competition. PAINTER TURNS BARTERER Chicago, June 26.—(#)—An artist,| who declined to give his name traded | ® “still life” to Anne Burrows, an at- | torney, for legal services in a Aivorce | case. The “swap” was made at an| outdoor art fair. Other paintings went | for dental work and board and room. RISES FROM HER COFFIN Para, Brazil—Senhora Maria Das Dores, 65, narrowly escaped being alive. Long tll, she lost consciousness and appeared life- less. Her family made funeral ar- rangements. After the ceremonies were over, and while the funeral coach was waiting outside, Sen- hora Das Dores regained consci- | ousness as she was being placed in | @ casket. Mourners fled in panic. Several hours later, however, the woman really died. | ROB N. D. WAREHOUSE Fairmount, N. D., June 26.—()— Burglars Sunday night entered the wholesale house of the Gamble-Rob- inson company here and stole 32,000 cigarettes, 5,000 cigars and about $40 in cash from the safe. They first broke into the section house of the Soo Line railway and took a sledge, jed States 144, on the first day’s play. ‘The Americans pulled up even after being 3 down with only nine to go in their 36-hole match. W. H, Davies and Syd Easterbrook, in @ close and hard-fought match, de- feated Craig Wood and Paul Runyan the youthful American combination, 1 up, for Britain’s second victory. Bill Burke and Ed Dudley put on a spectacular comeback to pull the fourth and final foursome out of the fire for the United States, defeating Alf Padgham and Alf Perry, 1 up. Burke and Dudley had been 4 down in the morning. ‘This triumph made the score for Great Britain 2% points, for the Unit- Boy Dies After He Is Attacked by Sow Bottineau, N. D., June. 26.—(4)— Ralph Fyklen, 16, of Minot, died at a hospitel here from injuries suffered Sunday when he was attacked and torn by @ sow on the Bernard Liebelt farm near Wilow City. Belief was expressed by the attending physician that the immediate cause of death probably was a blood clot. Fylken was playing with a number of small pigs, offspring of the sow, when the animal attacked him. which they used to break open the The totel loot is estimated at; SUSPECT ELUDES POLICE Seattle, June 26.—(?)—Successfully eluding heavily-armed officers over western and northwestern Washing- ton, a man believed to be Verne San- key, notorious mid-west kidnaping suspect, and his companion remained at large Monday. The search center- ed near Bellingham, close to the Can- adian border. Make Arrangements For ’Hopper Loans Arrangements have been completed for making loans to counties through the Bank of North Dakota for grass- hopper control work, W. P. Chesnut, Fargo, assistant to Governor Langer in setting up machinery for combat- ting the grasshopper mendce in about 30 counties of the state, said Satur- day. A loan of $250,000 has been obtained by the bank from the Reconstruction Finance Corporation, and will be loaned to counties in need of funds for purchasing poison and other ma- terials necessary to stem the hopper menace. Loans to counties will be on a “strictly business” basis, Chesnut said. Counties will cover the loans with cer- tificates of indebtedness. Financial assistance will be given only those counties unable to obtain immediate funds for grasshopper con- Ralph was a son of Mr. and Mrs. Exiken, Minot, \ trol, with the maximum loan to any county to be approximately $5,000, Chesnut seid, t of World Debts’ Director Sued for “$3,158,855 v.* Painter, capitalist, Kenyon Cleveland cepted judgment against him for $3,158,855 ina suit brought by the conservator of the de- above, has ac- funct Union Trust Co. of Cleveland. A director of the bank, Mr. Painter. was re- vealed as a borrower of this amount from it. He said he had borrowed to buy more bank stock to uphold its price. PUBLIC OPINION AS INDUSTRY PROD SEEN Recovery Administrator Wants Wage Rise Without ‘Wild- cat’ Price Boosts Washington, June 26.—(?)—The ad- ministration wants to mold public opinion into a prod for big industries that seem a little slow about agreeing on how they shall increase wages and Purchasing power. And that same weapon will be used ;to see that these industries do not stray toward any “wild-cat price-lift- ing” schemes. Hugh 8. Johnson, recovery admin- istrator, inaugurated the direct appeal campaign because he was slightly Tufled at the fact the rest of the 10 big industries apparently are waiting to see what happens to the cotton textile trade agreement before pre- senting their own. His thesis in the plea to the people, and to business, was that the pro- gram “can succeed only if the whole nation gets behind it with both zeal and determination—every man and woman.” Already he has received proposed codes of fair competition from around 30 small industries, but except for cotton textile the other big ones haven't come through. One reason, he said, was “ill-informed conjecture” that labor first should organize or that industry should form comparly unions to cut off labor organizations. ee | Aimee’s Baby Said Hoax by Physician Pee os Paris, June 26. — (P) — Mrs. Aimee Semple McPherson Hut- ton, an American evangelist, may not receive visitors or communi- cations for at least three weeks because of a serious illness ne- cessitating an operation 10 days ago to remove an intestinal ob- struction. Her physician, Dr. Charles Bove, issued these orders because, he said, the seriousness of her Condition makes absolute quiet essential, although she is slowly improving and is expected to get in steadily. She is on a liquid t. Dr. Bove, a well known gyne- cologist and surgeon, was quoted in published statements as saying he personally sent a telegram to David L. Hutton, the evangelist’s husband in Los Angeles, Satur- day as a hoax telling of the birth of @ son to Mrs. Hutton. He was quoted further as saying the mes- sage was sent at the evangelist’s Tequest to discover a leak in pri- vate messages to Angelus Temple in Los Angeles. The trick was successful, he was reported to have said. Heat Kills Belfield Man at Minneapolis Minneapolis, June 26.—(#)—While the mercury reached 92 degrees here Sunday, two deaths were attributed to the heat. George Chrysler, 64, of Belfield, N. D., died at Wold-Chamberlain field before medical aid could reach him. He had been watching the north- west air races, accompanied by a sis- ter, Mrs. W. J. Coleman, St. Paul, and @ nephew, E. V. Bossard. Investiga- tion by the coroner's office resulted in the opinion that Mr. Chrysler suf- fered a heart attack, induced by the heat. Bert Desmond, 51, of unknown ad- dress, was overcome by the heat in a restaurant. He died shortly after- PECTACULAR RISE FOLLOWS REPORTS OF DAMAGED CROPS. May Delivery Sells At 9912 Cents a Bushel Just Before Close SEASONAL RECORDS ARE SET. One of Wildest Buying Move- ments in Long Time Stage ed At Chicago Chicago, June 26.—(7)—A spectac- Jar seven-cent advance Monday car- tied wheat prices to within whispering distance of the magic dollar-a-bushel line. The May (1934) delivery sold at 99% cents a bushel, a few minutes before the close with the December up to 94%. Crop damage news from districts suffering from heat and drought sent price skyward from the start of trading. All grains reached new peak prices for the season in one of the wildest buying movements seen in a long time. The wild buying continued up to the Close, the day’s highest prices being recorded just as the gong sounded. a DOLLAR WHEAT IN TEXAS Fort Worth, Tex., June 26.—(?) —Dollar wheat appeared on the Fort Worth grain market Mon- day for the first time in three | years, | eee The advances in wheat ranged 654- ‘7% cents a bushel, the maximum gain. being shared by both the September and December deliveries. The huge trading in the wheat pits was reflected in the other grain pits and corn prices advanced as much as 3% cents, oats 5%, rye about 4 cents and barley almost 6. The December delivery of com reached 61% cents, the first time that corn has sold above 60 cents for 30 months. The close was 607s. Outs pushed along to 45% cents, paid for the December which contrasts with 15 cents current for December oats about the first of the year. Rye Pushed over the 80 cent line with the December closing at 82%. Barley was well above 50 cents and December Teached 56%%, The volume of trading was so large that most of the day prices on the blackboards were at least % cenk 5 away from quotations in the pit and ° at times were three minutes behind, ; Action of the Winnipeg and Liverpool’ markets was almost entirely ignored by the trade, concentration being give en to news of what one authority called a “major agricultural catas-. trophe.” STOCKS FOLLOW SUIT ON GOTHAM EXCHANGE New York, June 26.—(?}—Sensaie tional buoyancy of grains at Chicago was accompanied by a sweeping rise in cotton and extreme advances of $1 to around $7 in stocks here Monday. With wheat jumping 6 to 7 cents @ bushel and cotton making extreme gains of better than $3 a bale, Wall Street traders rushed to buy the so- called commodity and “farm belt” ise Sues, most of which rose vigorously, Industrials as a group were strong, though utilities and rails were incline ed to lag. Sales approximated 4,500,- 000 shares. MINNEAPOLIS FUTURES MARCH TOWARD DOLLAR Minneapolis, June 26.—()}—Rush- ing to new highs since 1930, wheat futures, in a march toward “dollar wheat” advanced 6%-8e after cross- ing the 90c barrier here Monday. Buying rose to feverish pitch to accompany the noise and excitement on the trading floor which brought to traders memories of pre-war days. Continued reyprts of widespread drought and heat damage in the spring wheat belt supplied the chief news while a strong export demand also figured in the elevation of prices. The wild session was not shared by wheat alone, all coarse grains fig- uring strong advances. Flax jumped more than 8c for the July option while barley finished 7%c higher for the July option. July wheat closed 6%c higher at 89c; Sept. 7%c higher at 90c while Dec. ‘finished 8¢ higher at 92%c. July oats closed 4%c higher at 39%c, with Sept. jumping 5c to fin- ish at 40%c. Rye for the July op- tion closed at 73c, 4%c over Satur- day’s close while Sept. closed 5c higher at 76%c. Barley vied with flax for the lead in the coarse grain list. July barley closed 7%c higher at 47%5¢ while Sept. finished 8c higher at 49%c and Dec. ended 6%c up at 51%c. Flax for the July option ended the day 8%c up at $1.88%; Sept. 7%c up at $1.89% and Dec. 9%c up at $1.91. MINNESOTANS APPOINTED St. Paul, June 26.—(#)—Appoint- ments of Theodore H. Arens of Hil! City as conservator of the Minnesote rural credit bureau effective July 1 and reappointment of R. A. Trovat- ten as commissioner of agriculture. dairy and food, was announced Mon- day by Governor Floyd B. Olson Arens, who has served for two years as head of the state division of dairy and food under Trovatten, receives a six-year appointment, while Trovat- ten, who served out the unexpirec term of N. J. Holmberg, is appointed for a four-year term. PRESBYTERIAN LEADER DIES St. Louis, June 25.—(?)—The Rev. Dr. Baxter P. Pullerton, 82, former moderator of the Presbyterian Church of the United States of America, and long a leader in religious affairs, died bere late Sunday of heart 4