The Bismarck Tribune Newspaper, August 1, 1933, Page 1

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)

. North Dakota’s Oldest Newspaper . THE BISMARCK TRIBUNE Weather Report Generally fair tonight; Wednesday unsettled; Httle change in temp. ESTABLISHED 1873 BISMARCK, NORTH DAKOTA, TUESDAY, AUGUST 1, 1933 PRICE FIVE CENTS Set Minimum Price for Grain Johns MILLION NEW JOBS HELD IN PROSPECT UNDER AGREEMENT Practically All Lines to Come “Under Rules Proposed to Government NO EXCEPTIONS ALLOWED Five and Ten Cent Stores Ask Special Consideration, Fail to Get It Washington, Aug. 1—(P)—A quick spread of the retail code which went into force Tuesday by order of Hugh S. Johnson, recovery administrator, is being sought by his assistants with expectations that soon every type of public sales agency will be blanketed under its terms. A mil- lion new jobs was heli in prospect as a result. A development following the order which Monday brought the major- ity of dry-goods, department store, clothing, shoe, and furniture dealers as well as food dealers into two tem- porary agreements to remain in force TEST CODE IN COURT Chicago, Aug. 1. — (#) — Inde- pendent milk dealers in the Chi- cago area today asked the federal courts to halt enforcement of the milk code setting a minimum price of 10 cents a quart under the agricultural adjustment act. until hearings are held, was present- ation of a separate code to cover the country’s five-and-ten-cent stores. ‘This was stated authoritatively to call for longer work hours and lower wages than the general retail agree- ment. No concession, however, was in sight from the administration. One official said: “They must all come under the 40- hour work limit except food dealers. That includes drug stores. They have not yet presented their code formally, but we have told them they. can use the professional category exemption from hour limitation for their for the rest they must keep the 40 hours. Restaurants Still Out Restaurants also have not been heard from officially, but the under- standing was that Johnson would seek to have them also keep the 48- hour limitation. While the concentrated effort to bring millions of small employing establishments under permanent and binding codes was in progress, K. M. Simpson, deputy in charge of steel, ‘was carrying on private conferences with leaders of the industry and ad- visors to seek out a final decision. There was some expectation the flexible 40-hour work week proposed by the steel men as an average to be taken over each six months period | might be tightened to furnish a de- finite limitation on the hours any many would be required to put in during: one week. Johnson also was arranging to speed hearings on automobile, coal and other industries which have filed codes, A new hearing was under way ‘Tuesday on millinery, a line employ- ing around 100,000 persons, mostly in the big cities. Wool Code Signed Expecting it to put over 25,000 ad- ditional people to work, the president at Hyde Park, N. Y., signed the wool textile code providing a 40-hour week for the workers in this industry with minimum wages of $14 weekly in the north and $13 in the south. Spokesmen for the laundry indus- try went to the administration seek- ing temporary effectiveness for a code to cover more than 200,000 em-| ployes. In the meantime, the campaign for voluntary agreements to raise wages and limit hours was advancing all over the country. ; Telegrams from postmasters and district offices told a story of mount- ing totals of agreements signed. However, reports also were that the number of questions needing answer before merchants and businessmen could sign was growing steadily. Sev- eral chambers of commerce reported retaining specialists to study the agreements and interpretations is- sued by. the administration, so as to give their members correct informa- tion. . i Present Minimum The scale of minimum wages for food dealers is $15 in cities over 500,- 000; $14.50 between 250,000 and 500.- 000; $14 between 2,500 and ~250,000. The non-food retailers had a mini- mum scale a dollar lower with a fur- ther $1 reduction for the 15 southern states and the District of Columbia. The same regional reduction applies to the food dealers. Besides the wage terms, the two codes called for maintenance of a minimum of 52 hours operation unless recent practice was lower, and. they bar all child labor ecept those over 14 for three hours between 7 a. m| and 7 p.m. Simultaneously, leaders of- the oil industry considered a tentative new draft of a code for themselves, written by Johnson's assistants. They will meet Tuesday to appoint committees to formulate. a final, binding agree- ment. Johnson’s plan is based on federal supervision of oil production and probihits sales at less than cost of production. ROADS REPORTED GOOD | Roads in North Dakota are mostly | in good condition, the stete highway wepartment reported Tuesday. CHARLES F. URSCHEL Shown above is Charles F. Urschel, Oklahoma oi] millionaire, and the palatial home to which he returned late. Monday night “in good health but very tired.” He and W. R. Jar- rett, a friend, were kidnaped from the porch of the home while they were playing bridge with their. wives but Jarrett later was released. COOK, CROONQUIST LOSE 10 FARGOANS IN GOLF TOURNEY State Champion Put Out of Running By Dr. R. W. Pote, Former Title Holder Fargo, Aug. 1.—(?}—A new cham- pion is destined to reign over North Dakota amateur golfers. Paul Cook, champion, was put out of the run- ning in the quarter-final round here; ‘Tuesday morning by Dr. R. W. Pote, Fargo, himself a former state cham- pion, 2 and 1. Jack Hilber, Fargo, runnerup to Cook last year for the state title and a former Fargo Country club cham- pion, shot his way into the semi- final round along with Dr. Pote. He defeated Jack Danstrom, Fargo, and 1. Danstrom had turned in a victory over William Kostelecky, Jr., Dickinson, tournament medalist, Monday, and was favored to go into the final round because of that win. Paul Adams, Jr., only remaining out of the city entry, shot his way into the semifinals, with a 2-1 victory over Maine Shafer, Fargo. Vern Gallaher, another Fargo en- try, turned back Neil Croonquist, Bis- marck, 3 and 2, to enter the semi- finals. Tuesday afternoon in the semifinal round, Adams was to play Gallaher and Dr. Pote was scheduled to face Hilber for the right to enter the 36- hole final grind Wednesday. Other results included: First flight semifinals — William Kostelecky, Sr., of Dickinson won from R. D. Beard of Fargo, 3 and 1. Second flight consolation finals— Moses, Bismarck, won from Dr. L. G. Power of Minot, 3 and 2. Second flight consoliation finals— L. U. Stambaugh of Fargo won from Goxme Steinbrueck of Dickinson, 3 andl. Hiram Johnson’s Son Takes His Own Life Hillsborough, Calif, Aug. 1—(?)— Archibald M. Johnson; son- of Senator Hiram Johnson, committed suicide by shooting at his home here Tuesday. Johnson was divorced from his wife at Reno June 13 and she later married Commander Howard A.'Flanigan, U. 8..N. Shot through the heart, Johnson was found by his butler. His father was summoned here from San Fran-. cisco. The son, about 47, left two notes, addressed to his parents. He was & practicing attorney in San Francisco, where .his older brother, Hiram Jr., also is a lawyer. In the World war Johnson, a major, was ‘wounded at Chateau Thierry. The former Mrz. Johnson\was be- jileved to be in Washington. Bismarck, defending | CITY BUSINESSMEN WILL BE SUMMONED TO RECOVERY RALLY Association of Commerce Com-} mittee to Promote Co- operation in Plan Bismarck businessmen in the near future will be called to a meeting with the association of commerce commit- tee named to promote President Roosevelt's recovery campaign in the Capital City, it was announced Tues- day by H. P. Goddard, committee secretary. The committee is expected to set a time and place for the session at a meeting Tuesday afternoon. Decision to call the general meet- ing was reached at an organization meeting of the committee Monday af- ternoon. J. E. Davis, president of the association of commerce, was named chairman of-the-group and Goddard setretary. To Promote Recovery Drive The committee was named by the association of commerce last week at the request of the national recovery administration. The duty of the com- mittee will be to see that Bismarck cooperates as far as possible in the recovery administration’s campaign for reemployment and higher wages. A plan of action is expected to be adopted at the general meeting of businessmen, at which various phases of the program will be discussed and special conditions considered so that the committee may be assured of a maximum of cooperation. It is probable that committees will be named to canvass the city to see that every businessman who can pos- sibly do so has signed the president's reemployment agreement. lready have signed this agreement jand the committee will give them every possible assistance in interpre- | | the plan into operation. Further organization of this pro- a future meeting of the association of commerce committee, Goddard said. Members of the committee are Davis, representing the association; A. mission; Obert A. Olson of the Lions club; Supreme Court Justice A. G. Burr of the Kiwanis club; W. T. Kraft of the Rotary club; Mrs. C. W. Moses of the community council; Rev. Walter E. Vater of the ministerial as- sociation; Adjutant Herbert Smith of the Salvation Army; Mrs. Fred L. Conklin of the Red Cross and R. A. Middaugh of the Central Trades and Labor Assembly. Aged Bismarck Man Dies by Own Hand John Polzer, 76-year-old Bismarck man, died in a local hospital about 1:30 o'clock Tuesday morning from a bullet wound, apparently self-in- flicted, according to Police Chief C. J. Martineson. Martineson said Polzer shot himself about 6:15 o'clock Monday evening with a .38-calibre revolver. The shot entered his abdomen and took an up- ward course in his left side. The shooting occurred in Custer Park, near the city swimming pool. The police chief said be believed Polzer was despondent over money and property troubles. Polzer owned some city property and a farm near Bismarck and had $396.68 in cash on his person at the time of the shooting. The cash in- cluded a number of $20 bills. The man had resided at 300 Thir- teenth St. ‘The shooting, according to Martine- son, was witnessed by two boys, who immediately notified police. He was taken to a hospital within a few min- utes but failed to recover. Polzer leaves a daughter in Russia, his native country, and a sister at Carson. Funeral arrangements have not been completed, it was announced at Webb's Funeral Chapel. TONG TROUBLE FLARES Minneapolis, Aug. 1.—(4)—Death of two Chinese and injury of two others in an automobile mishap Sun- jday night was being studied by police {Monday for posslble connection with tong trouble and the slaying of an ‘unidentified Chinese whose body was Will Organize Later | posed canvassing drive is planned at! P. Lenhart, president of the city com- | HOME ARTER BEING CAPTIVE NINE DAYS Oklahoman Is Unharmed; Re- fuses to Disclose Amount of Ransom Paid BLINDFOLDED BY CAPTORS Allowed to See Only Twice in Nine Days, Charges F. Urschel Says Oklahoma City, Aug. 1.—(#)—Char- les F. Urschel, kidnaped oil million- aire, came home Tuesday—unharmed and silent. He strode out of the rain across his threshold at the stroke of midnight, ending nine days as the hostage of kidnapers whose swarthy machine- gun men rushed him from a bridge game in his mansion the night of July 22. Then, with but brief greetings for a wildly jubilant family, he went to i—“In good health, but very tired.” said his spokesmen. Urschel said Tuesday his eyes were kept taped nearly all the time during his nine days’ captivity and he did not know where he was taken by the swarthy machine-gun snatchers. Urschel said he knew only that his kidnapers drove him several hundred miles and freed him in the night near Norman, about 30 miles from Okla- homa City. Urschel would not discuss the ran- som, but Arthur Seeligson, friend of the Ursciel family and chief inter- mediary, said definitely a payment had heen made. Questioned about the ransom, Urschel said firmly: “That is a family affair.” Seeligson refused to reveal the amount or details of the negotia- tions, saying simply: Eyes Are Bloodshot Urschel seemed in good health, al- though his eyes were bloodshot and he looked tired as he arose.frem sev- eral hours’ sleep and appeared on the sunporch of his mansion, where the Kidnapers seized him as he was en- Joying a quiet bridge game with Mrs. Urschel and Mr. and Mrs. W. R. Jar- rett July 22. ‘The wealthy oil man said he slept little while a captive. smiling. “They told me, ‘we don’t want to make this any more difficult than we have to. If you fight, we will have to mistreat you. If you don’t, we will get along.’” “They gave me cigars but they were not my brand.” He said the tape was removed from his eyes only twice during the nine days—once when he wrote a letter used in the ransgm negotiations and once when he was allowed to shave Many al- | himself. Held in Small Shack He was held captive in a small jshack, he said. and the automobile tation of the agreement and puteing,| (Continued on Page Seven) THOMPSON LAUNCHES CAMPAIGN AGAINST ENGINEERING FIRM Board of Administration Mem- ber Says North Dakotans Should Receive Work A motion to dispense with services of the Pillsbury Engineering company, Minneapolis, as consulting engineers of the North Dakota Capitol commis- sion was submitted by Superintendent of Public ‘Instruction Arthur E. Thompson at a commission meeting Monday, but the motion failed of @ second. The four other members of the commission, including John Hus- by, Nelson Sauvain. Mrs. Jennie Ul- rud, and R. M. Rishworth, chairman were present. Thompson’s motion read: “I move that the services of the Pillsbury En- gineering company as consulting en- gineers for the board of capitol com- missioners be dispensed with, and the board proceed to the consideration of employment of a North Dakota firm to take care of this work, since the law creating the capitol commission specifically indicates it was the inten- tion of the legislators that only North Dakota labor should be employed in connection with thé building of the capitol.” There was little discussion on the given the commission passed on to other business. ~ The commission voted to install three elevators in the new building. Originally four elevators were plan- ned, but two were held in abeyance, with a credit of $6,100 allowed for each elevator eliminated. Under | present plans only one elevator will |be eliminated. Thompson also asked for a state- ment showing the amount of money paid to the Pillsbury Engineering company by the Capitol Commission and the Board of Administration dur- ing the past two years “at formal and informal meetings” of the two boards. found near Anoka, Minn., late Satur- day. ° He was assured thet the statement [would be furnished-at an early date./his home. “We got along fine,” he related,| TT Mahatma Gandhi Is | Again Held in Jail | ¢—_____-______-_+ Ahmedabad, India, Aug. 1—(#) —The Mahatma Gandhi, his wife, and 33 followers were ar- rested by civil authorities Tues- day at the outset of their new disobedience campaign for In- dian independence, but their early release on parole was con- sidered likely. Plans to march to the village of Ras in Kaira district, where they hoped to gain converts for the individual movement, were thwarted when Gandhi was ar- rested at the home of a wealthy mill owner, Seth Ranchooddass. The arrests were made under provisions of ordinary law, whereby they became state pri- soners to be detained at the gov- ernment’s pleasure. If a parole is broken they must stand an open trial. Only recently Gandhi an- nounced he would disband the Ashram, which he called the most. precious thing in his life, and | that its 32 members, his wife, | and secretary, Mahadev Desai, | would march to Ras. It was Planned that if Gandhi were ar- rested the others would continue. In the projected movement, in- dividual acts would replace the previous mass campaign. i LAW NOT ABROGATED TO PERMIT FEDERAL LOANS SAYS GRONNA, Attorney General Voices View After Talk With Public Works Board i Fargo, N. D., Aug. 1—(%)—North Dakota counties, cities and school districts receiving aid from the fed- eral government under the fegeral public works program will be required to conform to all North Dakota laws limiting authority to contract debts, in the opinion of A. J. Gronna, state attorney general. * Gronna and his assistant, Harold Shaft, gaye out ® public statement to that effect following a conference with the newly-named North Dakota public works committee which held its initial session here Monday. The meeting of this committee, and its conference with Gronna and Shaft, constituted part of a wide program of activities in Fargo under various phases of the recovery pro- gram. Other features included: Opening of the state headquarters for the home owners loan corporation by |Fred McLean, state manager, in the j federal building. Meeting of the allied printing trades to consider questions in con- nection with their activities under the N. R. A. program. |__A conference by Gronna, Shaft,! | McLean and P. W. Lanier, U. 8. dis- |trict attorney for North Dakota, as to whether bonds of the home owners loan corporation may be accepted by building and loan associations in North Dakota in exchange for mort- gages, under North Dakota laws gov- erning activities of such associations, Meeting of the Fargo-Moorhead Retail Druggists association to dis- cuss the local N. R. A. program. Works Committee Meets The North Dakota public works committee, 8. J. Doyle, Fargo; Thomas Moodie, Williston, and Henry Holt, Grand Forks, held several con- motion and when no second WAS! served during the last year. ferences with various delegations, in- cluding groups from Jamestown and Valley City which have asked to have headquarters for the committee lo- cated in their respective cities. The ‘committee decided, however, that no definite action could be taken on this project or any subject at this time. “It is the desire of this committee (Continuea on page two) Dobson Is Appointed Elk District Deputy Minot, N. D., Aug. 1.—()—Ray- mond C. Dobson, Minot, has been ap- Pointed district deputy grand exalted ruler of the Benevolent and Protec- tive Order of Elks for North Dakota for the coming year, officers of Elks lodge throughout the state have been notified. H The appointment was made by Wal- ter F. Meier, Seattle, Wash., who re- cently was elected Grand Exalted! Ruler. The grand exalted ruler has sum- moned the newly appointed district deputy as well as officers of all Elks lodges in the state who can attend, to a conference at Rochester, Minn., next Sunday, to be attended by Elks from other northwest states, to outline the year’s program of work. As district deputy, Dobson succeeds A. C. Pagenkopf, Dickinson, who has Dobson is a past exalted ruler of the Minot lodge and is city editor of the Minot Daily News. SCHEDULE CHANGE REJECTED Application of the Canadian-Am- erican Transportation company of Grand Forks for authority to change its time schedule between Fargo and the Canadian line was denied by the state railroad commission. AGED EDITOR DIES Garden City, N. ¥., Aug. 1—(P)— Chester S. Lord, 83, former managing editor of the New York Sun and chan- cellor of the board of regents of the State of New York, died Tuesday at COUNTY-BY-COUNTY CAMPAIGN T0 SPEED FARM FINANCE SEEN Morgenthau Moves to Expedite Mortgage Refinancing Ac- tion By Government TO AID BANK LIQUIDATION Administrator to Purchase Con- siderable Paper Held By Closed Institutions Washington, Aug. 1—()—A county- by-county campaign to speed refin- ancing of farm mortgages will be un- dertaken by the farm credit adminis- tration, which was authorized to loan up to $2,200,000,000 to farmers at the last session of congress. Henry Morgenthau, Jr., governor of | the administration, explained Tuesday the campaign would be employed to expedite the mortgage refinancing Program and to supplement plans al- ready under way in five states for buying up farm mortgages held by closed and restricted banks to aid in their liquidation. Returning from airplane visits to Wisconsin, Illinois, Iowa, Kentucky and South Carolina, he said the pro- gram for large scale refinancing will be carried into other states as speed- ily as possible and that from now on all applications for refinancing will be handled together with the bank campaigns. He said he is increasing the ap- praisal staff of the 12 federal land ‘banks from what were 210 on April 1 to from 2,500 to 3,000 men. Al- ready 803 appraisers have been added Te more than 800 more are in train- ing. Applications from 114,000 farmere for $400,000,000 in loans have been re- ceived in the last two months. The rate is increasing rapidly. He has arranged to obtain $100,000,- 000 from the reconstruction corpora- tion to supplement $90,000,000 which the land banks had on hand to handle needs for funds during the first months. At an indefinite early date the first of two billion dollars in bonds which the land banks are authorized to issue for mortgage refinancing will be is- sued. They will be sold as funds are needed to meet the requirements for refinancing. In the campaigns, a group of ap- praisers, five or more, will go into the county and will there appraise all farms whose owners or mortgage holders have asked for refinancing. The mortgage holders will include closed and restricted banks, banks which are in full operation, in some cases insurance companies and any other holders of claims. In many in- stances the mortgage holders are satisfied and do not intend to seek refinancing. The land banks are authorized to Pay a sum equal to 50 per cent of the appraised value of the land and 20 per cent of the insured value of the Permanent improvements for first mortgages. In addition the: farmer can obtain @ second mortgage on chattels up to 75 per cent of their value, less prior liens, from a special fund of $200,- 000,000 to refinance the remainder of his indebtedness. His application Rabie handled through the land anks. Morgenthau ascertained that farm mortgage foreclosure proceedings have been suspended in many areas in res- ponse to President Roosevelt's request and that activities of the land banks have been increased about 60 per cent. because of the large number of ap- Plications for loans. In Wisconsin, where the refinanc- ing program for closed banks was started, there have been complaints that appraisers were under-valuing farm lands. He said he found this to be true in some instances and that some appraisers “were still unaware that the new deal is here.” Morgenthau has called a conference of land bank presidents for August 14 when final details of county cam- paigns will be worked out. Policeman Killed in Queer Illinois Mixup Springfield, Ill, Aug. 1—()—While half a hundred local policemen, aug- mented by national gyardsmen, bom- barded the hotel room of “Grumpy” Moore, 68, with tear gas for more than a half hour Tuesday he sat quietly in the police patrol in the street below. Prior to the onrush of officers to the hotel, Moore, an itinerant razor- blade salesman, had poked the muz- zle of an army rifle through the splintered door of his third floor room and with a single shot mortal- ly wounded Policeman Ernest Purga- tory, 26. With two other officers, Purgatory had been sent to the hotel to arrest Moore on the complaint of the man- agement that he had 14-year-old Lillian Howard, daughter of A. 8, Howard, Christopher, Ill, a guest, in his room. Moore, following the shooting, slid to the second floor where, still arm- ed with his army rifle, he encoun- tered a policeman and attempted to pose as a member of the band which was hunting himself. He was ar- rested. COTTON WAREHOUSE BURNS Little, France, Aug. 1.—()—The largest cotton warehouse in Europe, containing 23,000 bales, burned Tues- day with an estimated loss of $2,000,- 000, t down a wire just outside his room| | on Pushing Code for Retail Stores [uns ioe Reed ene] MLUOUARE ONES ——_—_________»4 | Keclesiastic Dies Camp Remington, Black Hills, S. D., Aug. 1—(#)—Bishop Hugh L. Burle- son of the Protestant Episcopal church, formerly bishop of South Da- kota and now on the staff of the pre- siding bishop of the church, died here Tuesday of angina pectoris. Bishop Burleson, who was 68, head- ed one of the church’s two adminis- trative departments, embracing do- mestic and foreign missions, social service and education, with offices at New York, Funeral services and burial will be in Sioux Falls, probably Friday. He was well known in North Dako- ta, having been dean of Gethsemane cathedral, Fargo, from 1900 to 1909. TEAR GAS, GUNFIRE MARK DISTURBANCE IN MINE WAR AREA Six Men Are Shot in Brush Be- tween Pennsylvania Strik- ers and Officers Brownsville, Pa., Aug. 1—(?)—Gun- fire and tear gas sent 10 men to hos- Pitals in the strike zone of southwest- ern Pennsylvania Tuesday as more coal miners joined the walkout. Six men were shot in @ brush be- tween strikers and deputy sheriffs at the Star Junction mine of the H. C. Frick Coke company. A score of oth- ers suffered from the effects of tear gas. At the Frick company’s Colonial No. 3 mine near Grindstone, scene of recurring disorders in the last week, two men were shot and two others seriously burned by tear gas. Miners in Allegheny, Washington and Armstrong counties added their numbers to the more than 20,000 on strike, The.men demand. recognition of the United Mine Workers of America and most operators adamantly have re- fused to accede. Pickets said the trouble at Star Junction occurred after strikers halt- ed several miners to persuade them not to go to work. The pickets said several deputy sheriffs appeared, threw tear gas bombs and opened fire with pistols. After the skirmish the highway was littered with shells and several homes in the district were scarred by bullets. Pickets said there were many women and children in the crowd and that, while none was hit, several suffered from the tear gas. Barely Misses Baby A baby in one home was barely missed by a bullet, the strikers said. Two men were shot during a gun- fight between strikers and four un- identified men in the darkness be- fore dawn on a road near the Colon- ial mine. Later four men in a car fir- ed tear gas shells and two pickets were burned so severely they were taken to a hospital. In the Fayette county strike zone, where 325 national guardsmen are on duty, Major Kenneth W. Momeyer, their commander, took them from patrol duty and is answering only riot and emergency calls. The strike sector is so large—about 18 miles wide and 20 miles long—that major Momeyer said he did not have sufficient men for patrol duty. Reports persisted that more troops are coming to reinforce 325 national guardsmen now on duty, although Governor Pinchot said he had no in- tention of ordering out more soldiers at present. Alarmed, the Uniontown retail merchants association drafted/a re- quest to President Roosevelt that he take a hand in the strike situation. Governor Pinchot had 'no comment to make after hearing that Thomas Moses, president of the H. C. Frick Coke company, in whose mines the strikers started, said he would not attend a conciliation conference set for Tuesday in Harrisburg. Moses was invited along with John L. Lewis, president of the United Mine Work- ers. Amorous Effort Is amped by Bullet, Edwardsville, ll, Aug. 1—(?)— Seventeen-year-old Stella Christ off, a truck farmer's daughter, was in jail Tuesday after admit- ting, State's Attorney M. L. Geers said, that she killed Nelson Voss, a rural mail carrier, be- cause “he tried to kiss me.” “ Voss was shot to death July 13 near the Christoff home. oe } | > > CHICAGO BOARD OF TRADE PLACES CURB ON DROP IN VALUE Trading Below Monday’s Close 's Barred For Period of Two Weeks OTHER EXCHANGES FOLLOW Action Reported Taken Afte® Conversations With Gov- ernment Officials Chicago, Aug. 1—(?)—The down- ward movement of grain future prices was definitely checked Tuesday for at least two weeks in the future, with enforcement of the board of trade's new ruling setting minimum prices. The action, taken by the directors Monday, set. Monday's closing as the level below which prices may not go FROM FLOOR TO CEILING Chicago, Aug. 1—()—Grain prices bounced from the floor to the ceiling of the fixed trading limit Tuesday, buyers suddenly as confident as bears had been gloomy the last several days. After a sudden ‘spirited flurry early in the day, trading dwindled off as sellers withdrew from the market leaving prices clinging to the top. Wheat advanced the 5 cents it is Permitted to advance under pres- ent rules, corn finished 4 cents higher than Monday and oats 3 cents up. until at least August 15. It was fole lowed by similar orders in Kansas City, St. Louis and Minneapolis, However, upward fluctuations will be permitted within the limits pre- scribed recently of five cents for wheat, barley and rye; four cents for corn, and three cents for oats, While, the official announcement of the board did not say so, it was reported that the move was taken after conversations with government Officials at Washington. As an example of how the minte mum price order will work, Septeme ber wheat will not be quoted below 92% on the Chicago board from Tuese: day through trading on August 1 ee was its final’ quotation Mone’ lay. LICENSE TAG PLANT WILL COST $47,000 Contract Awarded Monday By Board of Administration; Thompson Votes No The contract for installing a plant at the state pri8Son for manufacture cf automobile license tags was let by the state board of administration late Monday to John R. Wald, Hunt ingdon, Penn., who bid $17,000. This action was taken by a four-to< one vote after the board, by a similar vote, held the plant is warranted. Governor William Langer met with the board and approved the project which was voted by the last legise lature. The law provides that the governor and board of administration |must hold the plant is warranted be- fore it is established. Superintendent of Public Instruc- tion Arthur E. Thompson, ex-officio member of the board, voted against establishing the plant and against acceptance of the bid. Nelson Saue vain, chairman, R. M. Rishworth, Mrs. Jennie Ulsrud and Commission- er of Agriculture John Husby voted for the project. The board approved a bill for $650 submitted by the Pillsbury Engineer> ing company for plans and specificae tions of the proposed license tag plant. The vote was three to two, with Husby and Thompson opposing payment of the bill, and Sauvain, Rishworth and Mrs, Ulsrud voting for payment. As originally presented, the bill called for $750 but later was reduced $100 by the Pillsbury company. Get Legal Opinion The board acted after securing an opinion from Assistant Attorney General Harold Shaft which passed on the legality of the action in eme ploying the Pillsbury company to prepare plans and specifications. The opinion after reciting the facts that the company had been informal- ly employed by the board at a regue larly called meeting at which no minutes were made showing the em- ployment, and that at a later meet- ing of the board, attended by the three appointive members only, the Plans and specifications prepared by the company were accepted and ad- vertisement for bids were directed to be made, which was made a part of the minutes of the meeting, Shaft ad- vised that inasmuch as the company had prepared the plans and specifica- tions they should be paid. He ad- vised, however, that the employment of individuals or firms should appear in the minutes and the compensa- tion should be fixed by formal action of the board. The opinion also advised the board that the bids should be opened, read and filed and that if, after meeting with the governor it should decide that the expenditure for the plant was warranted, it should accept the ;bid of the lowest responsible bidder. | BEGIN BICYCLE GRIND | Montreal, Que., Aug. 1—()—Off om a 4300 mile ride in quest of prize money totalling $25,000, 69 contend- ers in the trans-continental bicycle yrece got eway last night. 7

Other pages from this issue: