The Bismarck Tribune Newspaper, October 16, 1933, Page 7

THE BISMARCK TRIBUNE, MONDAY, OCTOBER 16, 1933 Tribune’s Grain, Livestock and LTE LIQUIDATION * CAUSES COLLAPSE ON STOCK MARKET, Traders Unable to Solve Com-|4™ plexities of Situation; Many Become Wary New York, Oct. 16.—(#)—Stocks tumbled Monday, under waves of late liquidation attributed partly to in- ability of traders to interpret the complexities of both the domestic and European situations, There was lit- tle support for most of the leaders and losses of 1 to 5 or more points were general. The activity expanded on the decline and transfers ap- Pproximated 2,500,000 shares. The close Was weak. Heavy selling volume came into the market late. There was believed to have been no unusual amount of for- eign liquidation. Grains held fairly well during most of the day, but they fell with stocks. ‘Wheat slumped the full day’s allow- able limit of 5 cents a bushel. Cotton also turned downward. Secondary bonds were substantial losers. The dollar gyrated erratically in foreign} ¢; exchange dealings. ‘There was a moderate rally just be-"! fore the close that cut share losses fractionally to more than a_ point. Among losers of 5 or more points were iS “allied Chemicals, National Distillers, Case and Union Pacific. Issues down 1 to more than 4 included American Telephone, U. S. Steel, Chrysler, U. S. Smelting, New York Central, Sears Roebuck, Standard Oil of New Jersey, Santa Fe, Consolidated Gas, DuPont, General Motors, West- ern Union, Johns-Manville, American Can, Westinghouse, Celanese and De- laware & Hudson. | Produce Markets | 8 ———o CHICAGO. Chicago, Oct. 16.—¢g?)—Butter -had an unsettled tone Monday but was little changed in prices. Eggs and|p; poultry both ruled steady. Butter, 10,765, unsettled; creamery specials (93 score), 2342-24; extras (92), 23; extra firsts (90-91), 2012-22; firsts (88-89), 18-1914; seconds (86- 87), 16%-17; standards (90 central- ized carlots), 21. Eggs, 3,416, steady; extra firsts cars 19, local 18; fresh graded firsts cars 18%, local 1714; current receipts 16-17. Poultry, live, 1 cgr, 25 trucks, steady; hens 4% lbs. ‘up 11%, under 4% Ibs. 8%; leghorn hens 8; rock springs 10 to 11, colored 10; leghorn chickens 82; roosters 712; hen tur- keys 14, young toms 13, old toms 12, No. 2, 8; spring ducks 8%: to 11, old 84 to 10; young and old gecse 8. NEW YORK New York, Oct. 16—(7)—Butter, Steady. Creamery, higher than extra 24%-25; extra (92 score) 24; first (87-91 scores) 1714-23; seconds 16%4-17; centralized (90 score) 21-21%. Packing stock current make No. 1, 1314; No, 2, 12%. Cheese, 154,569. Quiet. State, whole milk flats, fresh; fancy 13-1314; aver- age run 12; do held, fancy to fancy specials 20-21%. Eggs, 8,572, irregular. Mixed colors, special packs or selections from fresh receipts 23%-31%; standards and commercial standards 21-23; firsts 19- 20; seconds 16%-17; mediums 39 lbs. 15-15%; dirties No. 1, 42 lbs. 15-1514; Girties undergrades 14; average Bethl. Steel. . Borg-Warner Briggs Mfg. . Brunswick “pal, . Bur. Ad. Mch. .. Calumet & Hecla Canadian Pac, Cannon Milks ers JI hes a N. Coml. Solv. .. Com. Southern . Con. Gas . Con. Oil .. Cont. Bak Cont. Can Crosley Radio Crucible Steel ... Curtiss Wright ": Dia. Match . Eaton Mfg. . El. Auto Live First Nat. Strs.": Gen. Am. Trans. Gen. Mills .. Gen. Motors Gen. Ry. Big. ... Gillette ... Gt. Nor. Pf. .. Gt. West. Sug. Grigsby Grunt Houd-Her “B” Houston Oil . Mudson Motor ..... Hupp Motor. .. Indian Refin. Int. Harvester Int. Nick. Can. Int. Tel. & Tel Jewel Tea .. Johns-Manvill Kayser (J) ... Kelvinator .. Kennecott, checks 13-13%; refrigerators; special Mack’ packs 1814-1912; standards 17%2-18; firsts 161-17; seconds 15%-16; med- iums 1414-15; dirties 14-15; “checks 1k. Dressed poultry irregular. Chickens fresh 10 to 20, frozen 15 to 22; fowls | Mi fresh 9 to 16, frozen 9 to 15%; old roosters iresh 9 to 11, frozen un- quoted; turkeys fresh 10 to 26, frozen 45 to 26; ducks fresh 12 to 15, froz- er 15. Live poultry steady. Chickens|N. freight 11 to 14, express 11 to 17; Droilers freight and express unquoted; fowls freight 10 to 15, express 10 to/O) 35; roosters freight 10, express 11; turkeys freight 13 to 18, express 15 to 20; ducks freight 10, express un- quoted. Miscellaneous FOREIGN EXCHANGE Math. Alkall May Dept. Stores . Miami ro. Mid-Cont. Pet.- . Mo, . Nat. Ds Nat. paeore & Lt. Norf, & Western’ : North American Northern Pacific .. hio Oil - New York, Oct, 16.—(?)—Foreign | proc} exchange easy. Great Britain de- mand in dollars, others in cents, Great Britain 4.52%; France 5.63; Italy 7.58; Germany 34.20; Norway 2280; Sweden 23.35; Montreal in New York 96.68%; New ‘York in Montreal | 8° 03.43%. MONEY RATES New York, Oct. 16.—(#)—-Call money steady; % per cent. Time loans steady; 60 days %-%; mios %-%; 6 mos %-% cent, board Air. Commercial Paper 1. Seal CURB STOCKS " [ew York Stocks TOOK MARKET DROP CAUSES TUMBLE IN} "= GRAIN QUOTATIONS % | Selling of Wheat Enlarges To- ! ward Close and Prices Sink Extreme Limit Chicago, Oct. 16—(#)—Jolted by 56. | downturns of securities, wheat prices % | underwent a sudden big tumble in the late dealings Monday. | Selling of wheat enlarged rapidly & toward the last. Eastern sources #6 | were credited with being heavy sell- 26 |ers. An_unexpected increase of the United States wheat visible supply 32% | total added to downward pressure on 2165S -2a 2S moBSSEenaSvaxhSSonseunn s a8RE8a. 4 |the market and prices dropped the day. | Severe disturbance of British ex- ,|change rates did much to unsettle 5 {Stain values early, but most Chicago any eventuality in the German situa- 4|/t:on would prove a stimulus to the og [Other commodities as well. | Friends of higher prices urged also that heavy general liquidating sales 4 {of wheat were over and that owner- 4|ship had passed into stronger hands on a low price level. Furthermore, the fact was emphasized that flour , {Purchases were larger and the rural 5 |!ovement of domestic wheat un- usually small. Provisions averaged lower with hog values and at one stage fell: the ex- * |treme limit allowed. 1%, |, Wheat closed semi-demoralized, 4%-5'4 cents under Saturday's fin- % | ish, Dec. 69%, May 7375-74; corn %- 1% down, Dec. 37-38, May 44%-%; ‘| cents to 87 cents setback. MINNEAPOLIS MARKET xi SUFFERS SHARP DROP 3 Minneapolis, Oct. 16—(4)—The lo- Monday and prices declined sharply due to stoploss orders stimulated by foreign selling of stock. There was steady liquidation on hard spots throughout the day, the foreign selling of stocks being caused 74, |by the tense situation in Europe. Dec. and May wheat closed Sc low- 4 jer. Dec. and May rye closed 5c lower. Dec. and May barley closed 5c lower. Dec. oats closed 2c lower, and May 4 |2%c lower. Dec. flax closed 1c low- 1 jer and May 1%c lower. Cash wheat undertone was firm to Winter wheat was unchanged with offerings very light a shade stronger. and demand fair. Durum was slower demand and weaker. Oats demand was steady and offer- ings smaller. Rye demand was very good for anything desirable for mill- ing and fair from elevator com Barley tone was a shade better and demand for the medium to best qual- ity was slightly improved. Flax de- mand lost some edge but the offerings were well taken care of. *|| Grain Quotations | ~—— S ie MINNEAPOLIS RANGE Minneapolis, Oct. Ie Lo nae Open Close 12% = Bh 66% 16% 11% 10% = .10% 53% AT AT 51% 51% 51% Al 3T aT 45% ATH A1%E 41% 26% «26% 232% 22% 29% 30 26 826 162 1.63 1.61% 162 1.66% 168 1.66% : ‘HICAGO RANGE Chinas, 0 Seu 16. tage pe ee 04 80% 18% 53% SI A2% low 69% B% 12 Pio se * Re KKK KRKKKRAKS if r RE KS nna PRERRASRRE PETE gg eopeengs ae €: extreme limit allowed in a single i 4 traders soon swung to the view that ; market for United States and for|> %| Corn and oats swayed chiefly in ae lune with wheat action. s oats 2%-2% off, and provisions at 5 a {cal graitr market had a hectic art in! dium to Cash corn demand was fair to good. —?> iaaue. 63% ae north. 2.dk north. 3 dk north. ae. ig BO ==9-= 5) me Lis} 167 | 1.62 | DULUTH CASH CLOSE Duluth, Oct. 16.—()—Closing cash prices—Wheat: No. 1 dark northern 67%-71%; No. 2 do 66%-68%; No. 3 do 64%-66%; No. 1 northern 67%- ‘71; No. 2 do 66%-68%; No. 1 amber durum 69%-87%; No. 2 do 69%-87%; No. 2 do 69%-874; No. 1 durum 68%- @; No. 2 do 68%-60's; No. 1 mixed durum 6814-85%; No. 2 do 68%-85'. Flax on track 1.63-66%; to arrive 1.62%. “Oats No. 3 white 22-23. No. 1 rye 48%-40%. Barley, choice to fancy 37-39; me- a good 34-36; lower grades 22-35. CHICAGO CASH GRAIN Chicago, Oct. 16.—()—Wheat, No. 2 red 74%; No. 2 hard 74%4-%; No. 1 pantes./ durum 73; No. 2 mixed 73-74; corn, No. 2 mixed 36-36%; No. 1 yellow 3613; No. 1 white 36%-37; sample grade 2314-24; oats, No. 2 white 28; No rye; barley, 38-67; Timothy seed, 5.75-6.25 cwt.; clover seed, 9.00-12.00 cwt. RANGE OF CARLOT SALES Minneapolis, Oct. 16,—(7)—Range of carlot grain sales: Wheat: No. 1 hard spring 15%-79; No. 1 dark northern 66%-77%; No. 3 mixed 65%; No. 2 amber durum 17%-92%; No. 1 mixed durum 17%-89%; No. 1 red durum 74%. Corn—No, 1 yellow 34%-36; No. 3 white 25, Rye—No. 1 5144-5455. Barley—No. 2 special 52-69; No. 2 42; sample Flax—No. 1 tee et. Oats not quoted. Livestock ————-._.._. 8O. ST. PAUL LIVESTOCK South St. Paul, Oct. 16.—(#)}—(U. 8. Dep. Agr.)—Cattle 18,300; little done early; well finished slaughter cattle scarce; liberal supply plainer grades and stockers and feeders; early in- dications most mature slaughter classes wround steady with late Mast | weeks about steady for stockers and medium killing steers 3.00-5.00; com- and medium bulls ‘5038; common stock steers 2.00-3.00; good quotable upward around 4.00. Calves 2,700; bulk desirable vealers around 50 low- er at 4.50-5.50; few better lats to 6.00; -|dull, tending lower; THE BISMARCK -TRIBUNE Market Report for Mon., Oct. 16\;CLASSIFIED ADVERTISEMENTS — bidding 18 to 28 lower on weighty steers and weak to 25 lower on light cattle largely fed steer run; about 4,500 western grassers -here, mostly stockers, feeders and she stock; all cows under pressure; slaughter cat- tle and vealers: steers good and choice 850 to 900 Ibs. 5.25 to 6.50; 400 to 1100 Ibs. 5.00 to 6.50; 1100 to 1900 Ths. 25 words 5.00 to 6.50; 1300 to 1500 Ibs. 5.25 to 6.50; common and medium 880 to 1300 Ibs. 3.00 to 5.28; heifers good and choice 550 to 750 Ibs. 525 to 6. common and medium 3.00 to 5. cows good 2.75 to 4.00; common ard medium 1.75 to 2.78; low cutter and cutter 1.10 to 1.75; bulls (yearlings) excluded) good (beef) 3.00 to 3.50; cutter common and medium 2,00 to 3.10; vealers good and choice 5.50 to .]7.25; medium 4.50 to 5.50; cull and 4, common 3.56 to 4.50; stocker and feeder cattle: steers good and choice 500 to 1050 Ibs, 4.00 to 5.25; common + [and medium 2.50 to 4.00. Sheep 25000; fat lambs undertone -] around 25 to 50 lower; talking around 6.25 to 6.50 on destrable native offer- ings; best held towards 6.75; sheep vear steady; feeding lambs little changed; demand active, but supply + |increase; !ambs 90 lbs. down good and choice 5.75 to 6.75; common and me- dium 4.00 to 6.00; ewes 90 to 150 Ibs. 1.50 to 2.65; all weights common and medium 1.00 to 2.00; feeding lambs . [80 to 75 Ibs, goog and choice 6.00 to 6.60. SIOUX CITY Sioux City, Iowa, Oct. 16.—(AP— “U.S. D. A)—Cattle 15,000, fed year- lings mostly steady; matured steers fat she stock steady to weak; stockers and feeders in liberal supply, slow, mostly steady; two cars choice 1,069 Ib. yearlings 6.00; most grain feds 5.00 to 5.68; few +|choice heifers 6.00; most beef cows 2.00 to 2.50; low cutters and cutters largely 1.25 to 1.75; good to choice aight stockers 4.25 to 4.75; some held around 5.00; bulk 3.00 to 4.25; feeding heifers 4.00 down; few choice stock steer calves around 6.00. Hogs 5,500, slow, mostly 10 to 15 lower than Saturday or fully 26 low- er than Friday; top 4.50; early sales 160 to 230 lb. weights 4.25 to 4.50; nothing done on other weights; me- ps dium and light sows 3.35 to 3.65; few up to 3.70; feeder pigs 4.00 down. Sheep 17,000, including 12,000 direct | 1, and billed through; no action on fat lambs, undertone weak to lower; feed- ers weak; packers indicating around 625 for choice slaughter lambs; two loads 41 lb, medium grade feeders 4.65; salable supply around 75 per cent feeders. CHICAGO POTATOES Chicago, Oct. 16—(AP)—U. 8. D. A.)—Potatoes 262, on track 517, total U_ 8. shipments Saturday 1,045, Sun- day 35; barely steady, supplies heavy, demand and trading rather slow ac- count of weather; sacked per cwt.: U. 8. No. 1 Wisconsin Round Whites 115 to 1.20, few higher; Minnesota- North Dakota Cobblers Red River sec- tion 1.20 to 1.25; Triumphs 1.25; Red River Ohios mostly around 1.20; Min- nesota Round Whites 1.10 to 1.15; Colorado McClures mostly 1.55; Idaho Russets 1.50 to 1.55; Nebraska Tri- umphs 1.40, partly graded 1.25 to 1.35. MINNEAPOLIS FLOUR Minneapolis, Oct. 16.—(?)—Flour 25 lower. Carloads lots family pa- tents 6.60 to 6.70 & barrel in 98 pound cotton sacks. Shipments 24,070. Pure bran 13.00 to 13.50. Standard middlings 14.00 to 14.50. BOSTON WOOL Boston, Oct. 16.—(®)—(U. 8. Dept. Agriculture)—The market for domes- tic wool here is quiet but quotations are firm. Members of the wool trade for the most part appear content to wait developments in the goods mar- ket. This attitude is helped by the limited supply of some lines of do- mestic wool. Estimated receipts of domestic wool at Boston, reported to the Boston grain and flour- exchange during the week ending October 14, amouhted to 2,510,200 pounds as compared with 1,- 418,900 during the previous week. East Indian natives have such a keen sense of smell that they can distinguish between the footprint of a European and s# person of their own race or odor. ‘There are at least 2,000,000 solar systems similar4o our own, to astronomers. * words Je conmestive ini lons, not 28 words RATES 1 insertion, 18 words | de seeesceseseeesooeses TB | 2 consecutive Not over ea bY 8 85 CLASSIFIED. AD | 9 conbecutive insertions, not. over iis | seeeee Aes ver $1.48) All ada of over 38 words ada ¥e per! word to above rates, All want ads are cash in | nee Be yi ise requlss| ; Classified page. Cuts, border or white beard on want ads come under Classitied display rates of 75 cents per column ineh per single insertion. Automobiies for Sale Sale USED CARS” 28 Chev. Coach $165.00 28 Chev. Sedan $175.00. Ford A Tudor $195.00. Ford A Coupe $175.00. lymouth Ch. $225.00. Sedan $175.00. rant 4 Sedan $150.00. Sedan $375.00. T Coupe $40.00. Pickup $18.00. Tudor, as is, $25.00. rerland, as is, $90.00. 26 Star Six, as is, $35.00. HEDAHL MOTOR COMPANY, Phone 269. 201 W. Broadway. BISMARCK GRAIN (Furnished by Russell-Miller Co.) Date Oct. 16. No. 1 dark northern Ht pee Posz oye zeees amber durum mixed durum . 1 flax No. 2 flax No. 1 rye . Alleged Auto Thiet | Demands Jury Trial Winnipeg, Man., Oct. 16.—(#}—Ap- pearing before Magistrate R. B. Gra-/ ham on a charge of stealing a car, Fred Fay Lawrence, alias Glen Young, | Monday demanded a trial by jury and was remanded until October 24. Lawrence was brought here from Moosejaw after a battle with the Royal Canadian mounted police who) arrested him. About two weeks ago Lawrence was here on suspicion of having stolen @ car belong a the district | attorney at Fargo, N. D. He escaped from the Rupert Street fail, stole another car and made his way to Crosby, N. D., where he was again arrested. He broke jail there and, in a car which police say he stole at Minot, N. D., arrived at Moosejaw. Fargo to Delay in Passing Beer Law Fargo, N. D., Oct. 16—(#)—Fargo will not have an ordinance regulating the sale of beer until a week or more after the new state law legalizing its sale has gone into effect on Oct. 22. ‘The city commission decided Mon- day in order to have an ordinance that would be “bullet proof,” that they would withdraw the one placed on first reading some weeks ago and instructed City Attorney M. W. Mur- phy to draft an entirely. new beer law to be Placed on first reading at a meeting of the commission following the time when the law has actually gone into effect. cl iS ARE ON EDGE Havana, Oct. 16.—(#)—Feeling be- tween certain groups within the army jane the student director was running high today as a result of the killing lot a soldier, 28-year-old Joaquin iCamejo. CONTRACT © =" expin is PLAY IT Pl MM I EXPERTS PLAY IT Today’s Contract Problem wat should .the final con- tract be on the following hand: North: @Q9 oA + @IT2 © i O1098 HK964 Solution in next issue. ul TE 5 | ri |MEN-WOMEN, 18-60. You, Too, Will Get Results! ‘Put a Bismarck Tribune- Ad to work for you today. No jeb too big or smal. Phone 32 and ask for a want ad taker HAULING GARBAGE AND ASH HAULING Weekly. Ashes, per month, 75¢; Garbage, per month. 50c. 5 years’ experience. Fertiliser, $2.00 per load delivered. Phone 408. A. GABEL Male and Female Help $105.00-$250.00 Month. Government Jobs. Steady work. Short hours. Common edu- cation usually sufficient. _ Experi- ence unnecegsary. We coach you for examinations. Full particulars, sample coaching and list positions— FREE. Apply immediately—today sure. muck) Tribune Ad. No. 135. Fem le Help | Wanted WOMEN—Earn home spare time, materials cut, in- structions furnished, experience un- necessary. Write Superior Dress Company, 203 Havemeyer Street, Brooklyn, N. Y. Salesmen ELOUS INVENTION. New match gives million lights. Fast seller. Big profits. Everlasting Match Co., 443 South Dearborn, Chicago. NEw PRODUCT SELLS ON SIGHT to merchants. Positively one of the fastest selling articles on the mar- ket. Write G & E Distributors, _ 15% | Robert St., Fargo. N. D. SALESMEN or Crew Managers to en- roll new members for America’s low- est cost life insurance policy, pro- tected territory, good pay, steady employment for reliable men of ability. -Northwestern Benevolent Society, Inc., Lemmon, S. D. Salesladies Wanted SALESLADIES—$15 a week and your * own dresses FREE for demonstrat- ing lovely Fall Fashion Frocks. No canvassing. Write fully. Give size and color preference. Fashion Frocks, Dept. S-7378, Cincinnati, Ohio. —_—_—S—————— Work Wanted EXPERT WATCH REPAIRING—At one half price. All work guaranteed one year. Regular $1.00 fancy crys- Main spring, $1.25. Dean E. Kysar, 310-4th St. 3nd. door of phonies VATCHES JEWELR’ POLLY REPAIRED—Also the New G-8 Flexo Crystals at low prices. C. M. Walker, known in the jewelry business in Bismarck for the past |, |FOR Business_and_Professignal Service Guide ' Apartments for Rent Modern Apartments For Rent Best downtown location. Electric Stoves, Electric Refrigerators, Fireproof Building. Rent very reasonable. Inquire at the Bismarck Tribune Office FOR RENT—Two room modern apartment, down town. Do not Phone. Inquire of Mr. Lasken, Capital Cut Rate Drug. FOR RENT—Well furnished 2 room | apartment. Also good sized single room kitchenette apartment, and small sleeping room with clothes _Closet. 411-5th St. Phone 273. FOR RENT — Furnished 2- room apartment on Ist floor, with pantry and closet. Heat, lights and gas furnished. $25.00. Adults on\y. Phone 1470-R or call at 306 W. ‘Thayer. FOR RENT—3-roo1 | private bath, ping porch; very close in. Washing privileges. Fur- nished or unfurnished. 323 2nd St., or phone 360-M. FOR RENT—Praciicaily new three- room apartment. ‘Private bath. Gas range, electric refrigerator, use of electric washer and vacuum clean- er. Also heated garage. Call at 400 Eleventh St. or phone 1396-, FOR RENT—Modern 4 room. apart- ment. Private bath. Hot water heat. 514 Seventh St. Adults only, FOR RENT—Downstairs apartment. Three rooms with private bath. Furnished or unfurnished. Also one light houstkceping room. Call at 808-7th |FOR RENT—Modern downtown apartment. Living room, fireplace, two bedrooms, kitchen with built-in features, bath, hardwood floors. No children. Apartment entrance. Im- mediate possession. Rental $45.00. Hedden Real Estate Agency, Webb Block. Phone 0. | FOR RENT—One main floor and one i basement apartment in large mod- ern home at 502-7th Street. For in- formation inquire of Harvey Harris Pa Co. R RENT—Modern « apartments in 7a building at reduced rents. Inquire at Tribune offi Rooms for Rent RENT—Reasonable. Large, clean, furnished room in new home. Private entrance and bath. Suit- able for two. Light housekeeping if desired. 1016 Seventh St. Phone 1755-W. ROOM FOR RENT IN MODERN new home. 21% blocks from G. P, Hotel. Clean and quiet and always hot water. Call at 503-4th St. or apartment with ge furnished room, wats heat. 213-2nd St. Phone 1584. ore a full basement. Heat furnished. In- quire Prince Hotel. ‘Store ry N. Dak, Excellent location. Reasonable rent. Svitable for gen- eral store or beer parlor. Write 8. E. Halpern, Glen Ullin, N. Dak. FOR RENT—West end of my building not occupied by Montgomery Ward. Address W. E. Lahr, Dorset, Minn., Reasonable rent. Phone 460-M. HOUSE FOR SALE—Located at Baldwin. Inquire Carl Eliason. Tribune office. FOR REWT—5h ices motel iat ‘and garage. Reesonable rent. quire at 214 Sth St. Household Goods for Sale FOR § machine 6620, Adem, Feueae aay $60; 2 complete doul stable, 45.00. Bion