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

Tribune’s Grain, Livestock and Market Report for Wed., Dec. 20 | New York Stocks HITS WALL STREET STOCK PRICES DROP AS SALES BARRAGE Inquiry Into Manipulation Paper Shares Starts Sudden Decline New York, Dec. 20.—()}—Stocks broke sharply Wednesday under a selling avalanche that swept quoted values down 1 to as much as 9 points. The relapse followed pronounced weakness of Union Bag & Paper, which dropped 9 points when it was reported the stock exchange authori- es were inquiring into the recent ac- tivity in the issue. Liquidation by nervous traders, in addition to in-|At «teased short operations, unsettled the | At! dist and at one time the ticket tape| Aviation Jagged some four minutes behind | Reldwi: floor transactions. With the gold price‘again unchanged, the dollar ad- vanced about § cents in terms of sterling and nearly 1/10 of a cent in relation to the Frenchr frac. Wheat ylelded more than 2 cents a bushel und other commodities were hesitant. Bonds were irregular. The slump in shares came just be- fore noon and for about 25 minutes offerings flooded the market. Support Ce then appeared and there were recov- erles of 1 to 3 points in scene groups. Pag & Paper reduced its loss to 6 points. Celanese, however, was off 7, U, 8. Industrial Alcohol 4, Atlas Tack 4, and losses of 1 to 3 included As- |S: burn, U. 8, Smelting, Allied Chemical, U. 8. Steel, Johns-Manville, Santa Fe, Dupont, N. Y. Central, American Can, General Motors, West- ern Union and others. American ‘Telephone and Consolidated Gas were fairly steady, easing only fractionally. The close was heavy. Transfers ap- proximated 2,300,000 shares, | Produce Markets | e enh CHICAGO Chicago, Dec. 20—(7)—Butter was easy in tone Wednesday, but prices showed little revision. Eggs were un- settled and poultry ruled about steady. Butter, 5,940; easy; creamery spe- cials (93 score), 161-17; extras (92), 16; extra firsts (90-91), 15%-%; firsts (88-89), 1412-15; seconds (86-87), 14 standards (90 centralized carlots), 15%; eggs 976; unsettled; extra firsts, 20; fresh graded firsts, 17%; current receipts, 16%. Poultry, itve, 2 cars, 58 trucks, about steady; hens 8-10; Leghorn hens “1%; Rock springs 10%-12, colored 10- Case, \Gol Bal. Bur. Ad. Mch. .. Soe & Hecla . Firest. T. & R. 3] First Nat. Strs.” Fox Film “A” Gen. Am. Trans. Gen. Elec. Gen. Foods Ge. Gas & Gen. Mills 10%; Leghorn chickens 774; roosters | Ge” 8; turkeys 11-17; ducks 712-9; geese ac Dressed turkeys, about steady, prices , unchanged. NEW YORK Gold Dust . Granain “Paige am : Gt. Nor. Ir. ‘Bre ctr. New York, Dec. 20.—()—Butter, | Houd 16271; firm. Creamery, firsts (87-01 Hi scores) other grades un- changed. Cheese, 145,632; unsettled and un- hanged. cl 5 Eggs, 18,164; unsettled, mixed col- ors, special packs or selections from fresh receipts 22-23; standards and commercial standards 21; mediums 39 Ibs., and dirties No. 1, 42 Ibs., 15-15%; refrigerators: special packs 16-17; 15-1644; standards 15-15%; firsts 14; seconds | Loe 43%; mediums and dirties 13%-12; other mixed colors unchanged. Live poultry steady to firm, broil- ers express 10-17; fowls, express 10- 14; turkeys, freight nad express 16- hved 21; other freight and express un- cha . Dressed poultry firm and “une 34 changed. | Miscellaneous st *—yosziGn EXCHANGE New York, Dec. 20.—()—1 easy. Great Britain de- New York in Montreal 99.81%. MONEY RATES New York, money steady; 1 per cent. Time loans steady; 60 days %-1; 90 core 1-1%; 4-6 mos 1%-1%5 per cent. Prime Commercial Paper 1%. CURB STOCKS New York, Dec. 20—Curb: bonds: Liberty 3%'s 100.6, Liberty First 4%'s 101.10. Liberty Fourth 4%’s 101.21. ‘Treasury 4%'s 106.4. ‘Treasury 4’s 102.26. WINNIPEG CASH GRAIN Dec. 20. northern 55%; No. 3 northern 53%. Oats, No. 2 white 29%; No. 3 white (Over the counter in N. ¥.) Quart. Inc. Sh. 1.32; 1.42, — BeResseurss rd Dec. 20.—(#) —Call| Pathe i i ff ~ SSSeoSKaS8IFeS8S38SS36054 FEEE FESEE SEE LEE SEE ER Me 19% 12% ria 65 31% 38% 7 2% BREAKS IN STOCKS}: fi-dk AND EXCHANGE SEND WHEAT PRICE LOWER} Grain Market Goes to Lowest, Point Since October 20 as Holders Sell eeSeeeeee m0; Chicago, De. 20.—()—Following sharp breaks in securities and in British exchange, liquidation develop- ed in the grain markets late Wed- » with wheat tumbling more in 3 cents. Wheat fell to the lowest level since Oct. 20. Many stop-loss orders were into execution and rallies ‘Wheat ciosed unsteady 2%-3% un- der Tuesday's finish, Dec. 79%, May 81%-%; corn 1%-2% down, Dec. 41%, May 47%-48; oats 15%-1% off, and visions unchanged to 7 cents set- Transient price rallies in wheat and other grains later were associated with the fact that, although the govern- iment crop report showed a somewhat £2 with last year was large. Taken with | other cereals, the total falling off in production was figured as 1% billion! bushels. In corn, as well as in wheat, the government report pointed to a small increase of the crop total, but! was far below that of the Previous | year. ' Some notice was taken of assertions | by a leading trade authority that be-| cause of persistent decreases of do-' mestic stocks of wheat any crop fail-! ures in 1934 would have a much great- er effect upon prices than heretofore. ! Oats. averaged lower with corn and wheat. / | Provisions were easy in the absence of any aggressive demand. MINNEAPOLIS FUTURES DEOP SHARPLY; THEN RALLY Minneapolis, Dec. 20—(7)}—A drop; in stock quotations resulting from ru- prerer ere) 785 2 dk north. - 16% 3 ck north 2% protein north. — samy Sagerscese ie a nogmos moe (18%, 80% 78% pogmue 78% 93'3 9214 20's .78'2 81% I1% m% 7445 Coarse 1 rd durum “ey BebBRBSe FE PF ee FFA Ps 1720105172 mors that @ prominent stock trader ‘| was missing for a couple of days! stimulated selling of grains futures %.. here Wednesday, causing a sharp drop 31% wv 33% 2% 10% 18% 21% 12% 3% 37% 21% 12% 13% %| very good again and offerings were 12% 22% 26% 28% 15 33% 33% 2% SSSSaBliuW was! $B SESSraBwor: BERRIES FES SRREERS SEER E - 2S. Eee RRR ve. aS SaSSSSa8iatsaatS—' FE FELE FFE SS ————— %1 Oats was in very good demand with BEE BSE in prices. In a thin and stagnant market the! 4{selling was important enough to ease! :No. 1 durum 74%4-76%2; No. 2 durum | 1300 Ibs., 4.50-6.00; 1300-1500 Ibs., 3.75- several cents. All grains softened. December wheat closed 2c lower, May 2%e lower and July 2%c lower. December and May rye closed 2%4c| lower. December barley closed 1%c lower, and May 1%-1%c lower. De- cember oats closed 1%c lower and May 1%-1%¢e lower. December, May and July flax closed ‘4c lower. Cash wheat receipts fell off notice- ably and there was a steady demand for the offerings shipping advances were much smaller than they have been and light receipts are forecast for after the holidays. Durum was in| very scant supplies and good demand. ‘There was not enough winter wheat in to make a market. Corn demand was less aggressive. Dec. 20.—(7)—Cash closing Prices: No. 1 dark northern 79%- 82%; No, 2 dark northern 78%-79%%; No. 3 dark northern 77-7815; No. 1 northern 79%-821%; No. 2 northern 18'2-79'%; No. 1 amber durum 75% 96%; No. 2 amber durum 7512-96% 74%-76'2; No. 1 mixed durum 7342 91%; No. 2 mixed durum 73%-91'3 No. 1 red durum 73%. Flax, No. 1, 1.72. Oats, No. 3 white 3113-32!:. Rye, No, 1, 53-54. Barley, malting 415-495; No. 2 special 4155; No. 3, 40%-41%; lower grades 44%-40%. CHICAGO CASH GRAIN Chicago, Dec. 20.—(#)—Wheat, No. 2 hard 84. Corn, No, 3 yellow 44%-46%; new corn, No. 2 mixed 44-44%; No. 2 yel- low 4412-45%. Oats, No. 2 mixed 31's; grade 28%. No rye. Barley, 43-73. sample offerings light. Rye demand was) light. Barley tone was stronger near the top but otherwise there was no change. There was good demand for | desirable malting types. Flax offer-; ings were light and in good demand. 'o~-———- | Grain Quotations —— ———* Timothy seed $5.50-6.00 per cwt. Clover seed, $11.00-13.85 per cwt. RANGE OF CARLOT SALES Minneapolis, Dec. 20.—(?)—Range ;of carlot grain sales: Wheat No. 1 hard spring 82-85%; No. 1 dark northern 81-83%; No. 3 “|hard winter 80; No. 2 amber durum 97%; No. 1 mixed durum 88-93%. Oats, No. 3 white 32%. Rye, No. 2, 57%. Barley, special No. 2, 50-73; No. 3,/feds rather slow; heifers steady to{ment, said Wednesday. 56-69%; sample 68. Flax, No. 1, 1.7444. Corn not quoted. Livestock 49% 5378 ah 43% 29% 1.69 195 178 £m ne ni] * | SOUTH 8ST. PAUL LIVESTOCK South St. Paul, Dec. 20.—()—(U. 8. Dep. Agr.)—Cattle 2,300; opening mostly steady on lower grade cows and heifers; fed steers and yearlings bulls steady to strong; few loads good {to choice 1,050-1350 pound fed steers|/2.90; light dights mostly 2.50-80; eligible around 4.25-5.25; early sales medium to good lightweight steers 3.00- 4.75; plainer kinds down to 2.00 or iess, medium to good slaughter heif- 21s 3.00-4.75; odd lots beef cows 2.00- 50; few up to 3.00; low cutters and|lambs held around 7.00; buyers talk-|hours. The organization rented farm cutters 100-75; medium to good bulls 225-75; some held above; stockers and feeders scarce, little changed. Calves 3,200; steady, good to choice 4 | around 4.00-50; few up to 5.00. Hogs, 13,000; about steady with 4 | Tuesday's average; better 1-75 BS 2.75-85; early top 2.85; higher; better 275-325 some Ib. 2.60-75; ne }1930, Pinal sales were off %-% cent|Modities, the bureau's index figure THE BISMARCK TRIBUNE loads 1400-1500 pound bullocks 3.85- 15.00; fat sows weak; bulls barely ‘steady; slaughter cattle and vealers: |steers, good and choice 550-900 Ibs., 5.00-6.75; 900-1100 Ibs., 5.00-6.50; 1100- 5.75; common and medium 550-1300 Ihs., 2.75-5.00; heifers, good and choice, medium 2.50-4.25; ‘cows, good, 2.65- 13.50; common and medium 1.85-2.65; {iow cutter and cutter 1.25-85; bulls} (yearlings excluded), good (beef), 2.75-3.25; cutter, common and medi- um 2.00-80; vealers, good and choice 425-5.75; medium 3.00-4.25; cull and common 2.50-3.00; stocker and feeder cattle: steers, good and choice 500- 1950 Ibs., 3.75-5.00; common and me- cium 2.50-3.75. Sheep 12,000; fat lambs opening slow, asking around steady; best of- ferings held above 7.40; occasional early bids around 25; sheep steady; feeding lambs scarce, strong; | Jambs 90 pounds down good and noice 6.75-7.35; common and medium 5.00-7.00; ewes 90-150 pounds good and choice 2.25-3.50; all weights, common and medium 1.50-2.75; feeding lambs 50-75 pounds good and choice 5.50-6.25. SIOUX CITY Sioux City, Dec. 20.—(#)—(U. 8. D. A.)—Cattle 2,500; better grade slaugh- ter steers and yearlings 1200-lbs. down moderately active, steady to strong; light weights in best demand; short ' weak; slaughter cows strong; stockers | and feeders slightly more active, fully steady; small lots choice yearlings 900 Ibs. down 5.75; load lots long! yearlings held above 5.65; choice 1150- 1255 Ib. beeves 5.25-35; bulk salal around 4.00-5.00; load lots good he! ers held we 4.75; most cows 2. 50; low cutters and cutters mainly 1.35-75; good to choice stock steer! calves 4.75. Hogs 10,500; mostly 10 higher; top 31% | and fleshy cows slow, undertone weak; |2.90 to all interests; bulk 160-290 lb. |men, including engineers, relief work- weights 2.80-90; long string butchers plainer kinds down to 2.25 and below, sows 2.25-40; heavies down to 2.15; feeder pigs 1.50-2.25. Sheep 2,000; no early action; early undertone weak; choice slaughter ing 6.75 down; other classes scarce. quoted unchanged; bulk slaughter lambs to packers Tuesday 6.75-7.00; feeding lambs 5.50-6.00. EGGS HIT TOBOGGAN emergency relief committee. CLASSIFIED ADVERTISEMENTS Call Miss Want-Ad Taker PHONE 32 Call in the morning before 12 noon. Your ad will be in print the same day. It will reach thousands of prospective custom- ers. That’s why su ways result from a ch prompt returns al- want ad in this paper. If you have anything to sell,-buy or rent, try this satisfactory means of getting customers. Tribune Want Ad Rates are Low 1 insertion, 15 words 45c 2 consecutive insertions, not over 15 words. 1 insertion, 25 words ...... 2 consecutive insertions, not over 25 words... 3 consecutive insertions, not over 25 words. 6 consecutive insertions, not over 25 words. All ads of over 25 words add 3c per word to above rates. ALL WANT ADS ARE CASH IN ADVANCE A Representative Will Call If You Desire Cuts, border or white space used on want ads come under classified display rates of 75 cénts per column inch per single insertion. = Farms for Rent = FOR LEASE—NEX, Section 4; NW‘, Section 3-141-78 for CASH suffi- cient to pay 1933 TAXES. F. F. Scribner, Box: 894, Burbank, Calif. ee Lost and Found i LOST SATURDAY: White Russian wolfhound, 18 months old. Reward if returned to 809 Avenue D or in- form Tribune office. nouncement, investigators for the Senate banking committee said the evidence connected Ford so closely with the operations of the half bil- lion dollar holding company, known as the Guardian Detroit Union Group, Inc., that he would be asked to testify. The Ford development accompanied indications that the committee would inquire into Former President Hoover’: activities in connection with the De troit banking problem. Work on Highways Employs 3,000 Men Three thousand men found work on 75 projects in 19 counties under the relief road program in North Dakota during the month of October with a total of $76,000 dollars expended for this purpose, W. J. Brophy, relief en- gineer of the state highway depart- Through an agreement with the bureau of public roads and the state! emergency relief committee, the state | highway department furnished work for men approved by the relief com- mittee, the bureau providing 30 per cent of the cost of a highway project | which employed such men. The men were paid with clothing and food orders issued by the state Com: Plete records show there were 3,000 ers and foremen, that worked 130,000 hours and drew for this work $58,000, either in cash or in food and clothing orders, Brophy said. Among other items making up the total sum ex- pended on relief roads was $14,000! spent for teams which worked 62,000 teams and teams of relief workers in most cases. Commodity Prices Go Slightly Lower Washington, Dec. 20.—()—Whole- sale commodity prices were reported delivery, made previously on Dec. 18, for the day. Butter broke %-% cent. potatoes dropped 5 cents. MINNEAPOLIS FLOUR Minneapolis, Minn., Dec. 20.—(P)— 0-13.50. : Standard middlings $12.50-13.00. CHICAGO POTATOES Wednesday by the bureau of labor was 71.1 as compared with 71.2 for October. The year 1926 is used as 100 in figuring the index. “Between October and November,” said Isador Lubin, commissioner of labor statistics, “decreases in prices were reported for 105 items, increases for 181 while in 453 instances no change occurred.” Lubin said “wholesale prices of farm products showed the largest PARE nite Personal SEE MADAME MARIE for private reading also an adviser. Hours daily 9 a.m. to 8 p. m. 212-2nd St. North, Bismarck, N. Dak. See BEAUTIFUL EYE GLASSES at a price you can afford. No better Christmas gift. Dr. MacLachlan's Health School and Eye Clinic. Lucas Block. No “Drops” used. SEE MADAME MARIE for private reading also an adviser. Hours daily 9 a. m. to 8 p. m. 212 2nd St. North, Bismarck, N. Dak. START A BUILDING AND LOAN SAVINGS ACCOUNT NOW! Asa lasting Christmas gift for your children. Metropolitan Building & Loan Association. Call Steve Ar- man. Phone 477. Work Wanted Painting and Decorating HOME DECORATORS STORE Painting Contractors Furniture repairt: and uphel- stering, Lacquering and Picture | Framing ‘We repair anything in the way ef tus for home er office. Bo bresaway * Basus'ae one BISMARCK, N. D, __—_—_—__—_ ees ____Apartments for Rent JUST COMPLETED—Two unfurnish- ed apartments. Two bedrooms each, new baths, Kelvinators, gas stoves, gas heat furnished. Located First and Broadway. Phone 120-J. Paul Halloran. FOR RENT: Very well furnished two room apartment on ground floor. Also well furnished single room kitchenette apt. 411-Sth St. Phone 273. “EXPERT WATCH REPAIRING at most reasonable prices. All work guaranteed one year. If not satisfied money will be refunded. Dean E. Kysar, watchmaker. 310-4th St. 2nd door north of Montgomery Ward. Automobiles for Sale FOR SALE at sacrifice for quick dis- posal: 1930 Ford coach. A Smith- Corona portable typewriter (new), Atwater-Kent cabinet radio, Magic Chef gas range (new), one bedroom suite, complete. Write Tribune Ad. No. 5659 or phone 1045 after 6 p. m. USED CARS Corwin-Churchill Motors, Inc. 1927—Chrysler 60 Coupe. . .$200.00 1931—Chrysler Coupe . 1933—Plymouth Coupe 1931—Chrysler 8 Sedan. 1928—Pontiac Coach .. 1932—Plymouth Sedan 1931—Plymouth Sed: 1927—Chrysler 50 Coach. 1928—Willys Knight Coach. 125.00 1931—Chzysler 6 Sedan. 475.00 HOOK OUT! Every automobile in the world will be obsolete when the sen- sational new Chrysler tear drop stream lined model is disclosed in January. Corwin-Churchill Mo- tors, Inc. Wanted to Buy FOR RENT—Furnished 2 room apart- ment, except kitchen stove. Water and lights furnished, $12.00 per __month. Call at 928 9th St. FOR RENT — Three room modem basement apartment. Unfurished. Call at 309 Avenue B, or phone 1433, men: City heat. Electric refrige erator. Electric stove. building. Available at once. Rent reasonable. Inquire at the Bismarck Tribune cffice. FOR RENT—Three room furnished apartment. Clean. Second floor. Call at 1014 Broadway. Saves express charges, weighs Ibs. Why not bring in ye and Furs and take out your Turkey Barrel-Paks? Order your Barrel- Paks Now. Wholesale or “NORTHERN” Hide & Fur Com- pany, Brick Bldg. at corner Front and 9th, Bismarck, N. Dak. SKUNK AND Badger skins wanted now. It will also pay you to skip your dead horses and cattle. Their hides are worth about three times @s much as last season. Highest cash prices paid. Ship or bring them to the NORTHERN HIDE AND FUR CO. Corner Front and Ninth Street. (Brick building) Bis- FOR CO, 207 ws % , Broadwa: block West | of Postottice. Phowe 620. FOR SALE—Garage and equipment. Light plant, welding and blacksmith outfits, etc. A bargain for $1500. Doing good business on graveled highway No. 31. Roy Harmon, Ra- FOR RENT—Strictly modern bunga- low, two bedrooms, sleeping porch, garage. Close in. Moderate rent. Telephone 151. O, W. Roberts, 101 Main Avenue. FOR SALE—A three room cottage with porch, garage and outbuildings. Stuccoed and all in good condition with good Missouri river view. A 20% speculation. For ze Arthur Ness, New Rockford, FOR RENT—Duplex. Good location at 118 Broadway. Two bedrooms and sleeping porch. Call H. J. Wood- mansec at 537 or 1188. Live Poultry 4 ene chicken or = truck- FOR SALE: Carload FOR SALE: Golden Prize FOR Barnsdall tires, 5:!