The Bismarck Tribune Newspaper, May 16, 1934, Page 7

STOCKS QUIET AS SPECULATORS FALL TOROLLOW UPTURN S2= Number of Late Recoveries Scored by Shares and Close Is Irregular New York, May 16—()—Stocks found few followers Wednesday and the rally of the previous session de- generated into a spotty price move- ment which left trends highly inde- clsive. Some of the metals were sub- Jected to pressure, but there were a number of late recoveries. The close was irregular. The turnover of ap- BESSBS5E55 proximately 650,000 shares was the|Baldwi smallest of the year to date. News developments were not par-|Barnsdall ticularly stimulating and most trad- ers and investors showed a decided Preference for the sidelines. Commod- ities were erratic. other cereals were lower until a final reversal of form lifted them up to sub- Wheat and the | Briggs Mi stantial net gains on the day. Cotton |Ci firmed, but silver futures were mixed and rubber soft. Bonds were hesi- bog and foreign exchanges feature- jess, a Y | Produce Markets ||" CHICAGO Chicago, May 16.—(?)—Butter was easy in tone Wednesday. Poultry was Steady and eggs unsettled. Traders pointed out that continued good withdrawals of storage butter|/Con. Gi in spite of a rather plentiful supply of fresh shows all holders are trying to reduce their stocks before entering | C0! into new storage deals for 1934. The supply of fresh butter originally would be considered just fair, but with all buyers working on only ready require- ments, the supply offered is more than ample. Butter, 11,084; easy; creamery spe- cials (03 score) 28%-%; extras 92) |Eaton Mf; 22%; extra firsts (90-91) 22%-%; firsts (88-89) 2114-22; seconds (86-87) 21 ;standards (90 centralized carlots) 22%, Eges, 26,814; unsettled; extra firsts cars 16%; local 16; fresh graded firsts | Fo: cars 16 14% Poultry, live, 44 trucks, hens 13; leghorn hens 11; Rock fryers 25, colored 2413; Rock springs 26; colored 241%; Rock broilers 22-23, colored 22, leghorn 18-21; barebacks 19; roosters 7%; turkeys 11-15; spring ducks 11-13; old 9-1; geese 6. NEW YORK New York, May 16.—(P)—Butter, | at 14,005, steady. Creamery, seconds 22; other grades unchanged. Cheese, 303,798, steady. Prices un- changed. Eggs, 45.971, steady. Mixed colors, firsts 17-17%; other mixed colors un- changed. Dressed poultry steady to firm. Live poultry weak and unchanged. local 15; current receipts a. Prices unchanged. Miscellaneous CURB STOCKS New York, May 16.—()—Curb: Cities Service 2%, Etec. Bond é& Share 14. Standard Oil Ind. 26. United Founders "13/16. FOREIGN EXCHANGE Ger steady; | Ge. Graham Pa ae ple Ba New York, May 16.—(?}—Foreign | Nash exchange steady; Great Britain de- mand in dollars; others in cents: Great Britain 5.11; France 6.60%; Italy 851; Germany 39.62; Norway 25.68; Sweden 26.36; Montreal in New York 100.06%; New York in Montreal | Nort! 99.93%. MONEY RATES New York, May 16.—()—Call money steady; 1 per cent all day. Time loans steady; 60-days-6 mos %-1 per cent. Prime commercial paper 1. Bankers acceptances unchanged. Rediscount rate, New York reserve| Penn. R. bank 1% per cent. GOVERNMENT BONDS New York, May 16.—(4)—Govern- Pullman ment bonds: Liberty 3%’s 103.27. Liberty first 4%'s 104.4. Liberty fourth 4%'s 104. ‘Treasury 4%'s 111.31. ‘Treasury 4's, 107.27. HOME LOAN BONDS Home Owners Loans 4’s, '51, 100.25. CHICAGO STOCKS (By the Associated Press) Midwest Util. %. MINNEAPOLIS STOCKS Pe May 16.—(#)}—Stocks close: Bank Stock 7. N. W. Banco, no trading. INVESTMENT STOCKS ‘ (By The Associated Press) (Over the Counter in New York.) Ruart. Inc. Sh. . INVESTMENT TRUSTS (By The Associated Press) (Over the Counter in N. Y¥.) Quart. Inc. 8h.,.1.21; 1.31, Time to Clip Claws | Of NRA Blue Eagle Washington, May 16.—(7)—-A tar 131/8¢ Bre it - ae seth ea SaSa8Sssad-s Fe THE BISMARCK TRIBUNE, WEDNESDAY, MAY 16, 1984 Tribune’s Grain, Livestock and Market Report for Wed., May 16 | New York Stocks | UNCERTAINTIES ARE a DRAG ON PRICE OF ye S| WHEAT AT CHOAGO { Close Is Strong, However, on Renewed Reports of Dam- age by Drouth Chicago, May 16.—(4)—Uncertain- i ties resulting from proposed congres- sional measures toward drastic furth- ta er regulation of commodity exchanges did much to drag grain values down Wednesday. Sharp late advances, however, were promoted by the fact that crop reports from the American | and Canadian northwest Wednesday were the most unfavorable yet this A leading crop expert telegraphing 32% Chi gat dad RANGE cag lay 16.—()— ‘Wheat— 0) Low 26% 85 'y,|ffom Aberdeen, 8. D., after a 240- |i mile trip from Yankton, said drought conditions were deplorable, and that in the region named no 1934 crop of | lay Wheat could be produced. The mar- | 2¥ ket advanced rapidly in the Inst 15 minutes of the day. Wheat closed strong, 2's-2% cents ke above yesterday's finish, July 88%- %; Sept. 89%-%. Corn 7%-1% ad- vanced, July 49%-%; Sept. 51%-%. % | Oats %-1% up, and provisions at a tise of 2 cents to 12 cents. . | Houses with eastern connections were moderate sellers of wheat and 4 | Prices declined soon more than a cent ® bushel. Rallies, however, followed at times, owing more or less to the ‘4 fact that forecasts of moisture possi- * | bilities in the spring wheat region in- dicated likelihood of only scattered showers rather than a general drench- TH | ing which would be of material bene- fit to crops, An important feature, some wheat experts said. was a pronounced rise in temperature northwest. As high , |a8 90 was reported at points in Mon- tana, and 92 in South Dakota. It was asserted that temperatures of this kind, even for a short time, would | Sept. necessarily be destructive to crop over large areas both sides of the Canadian line. Corn and oats 30, |averaged lower with wheat. Provisions were responsive to up- turns of hog values. of the session here Wednesday when there was liquidation and short sell- ing stimulated by possibility of show- gers through parts of the northwest {and Canada and near the close it bulged on short covering and renewed investment buying. ‘The close was 2% higher with trade very lively for a time. Political news was mixed, with silver news favorable f4 and commodity exchange control news unfavorable. 1% | May wheat closed 2 higher, July 2% higher, and Sept. 2% up. Coarse grains closed sharply higher with ,| Wheat. May oats closed 1% higher, July 1% and Sept. 1% higher. May and July rye closed 1% higher and Sept. % up. May barley finished a ,jlower July % higher and Sept. higher. May flax eens 1% pees rfp July and Sept. both finished % Cash wheat undertone was very firm to strong with some sales higher again. Winter wheat was fair to good ,| demand and firm. Durum wheat was good demand and firm for the best sorts, but slow and easy for medium % | grades and mixtures. Corn was in fair to good demand 35 ‘ ane steady. Oats demand was fair: Photo tet teed epic abat pert betcha MINNEAPOLIS FUTURES 32%4| ARE STUBBORN, STRONG | Minneapolis, May 16—(#)—Wheat g was stubborn during the early part to good. Rye demand was fair to %4| Quiet and offerings were light. Bar- Jey demand was good for mellow types, and slow for the best flax offerings were light and fair demand. ek Kees Hard winter wheat . RANGE OF CARLOT SALES .Minneapolis, er 16.—(?)—Range of carlot grain sales: Wheat, No. 1 hard hate? 93%-94%4; No. 1 dark northern 92%-93%. Rye, No. 2, 56-57%. Barley, special No. 2, 69-76; No. 3, 10-74. Flax, No. 1, $1.87%. Corn and oats not quoted. CORO AGO. pam. ald seca Chicago, May 16.—(}—Wheat, ted weevily 86; No. 2 hard 88%; No. 2 mixed 87%. Corn, No, 2 yellow 49%; No. 2 yellow (old) 50%; No, 2 yellow lake billing ARR RRR SRT RT KAO RAK see Quegue= gee et mewn wN 23 gan S3 38a DULUTH RANGE Duluth, Minn., May 16.—(?)— Du Low pa WHO was FIRSTp IN AMERICA By Joseph Nathan Kane Author of “Famous First Facts” BROADCLOTH INTRODUCED AT PITTSFIELD, MASS, 1793. THE BISMARCK TRIBUNE CLASSIFIED ADVERTISEMENTS Thousands SEE and READ Your AD Daily That’s why prompt re- turns result from a want ad in this paper. If you have anything to sell, buy, rent or trade, try this sat- isfactory means of getting customers. NE explanation of the bowte knife invention is that Col- onel Bowie got the idea when, in an encounter with Mexicans, his sword broke to within 20 inches of the hilt, leaving it easier to handle, Under the original law. patent rights were granted only to U. S. citizens. This was changed ip 1891. First broad- cloths came from the merino sheep of Arthur and John Schol- field at Pittsfield, Mass, cows around steady, 40,00-50,00; very little doing on plainer kinds quoted 20.00-32.50. CHICAGO Chicago, May 16.—()—(U. 8. Dept. Agr.)—Hogs, 21.000, including 13,000 direct; active, 5 to 10 higher; 150-340 Ibs. 3.50-75; top 3.60-3.95; pigs 2.50 down; packing Sows 2.80-3.10; light light, good and choice 140-160 Ibs., ; |3.50-70; light weight 160-200 Ibs., 3.59- 3.80; medium weight 200-250 Ibs., 3.60-80; heavy weight 250-350 Ibs., 3.45-80;, packing sows, medium and good 275-550 lbs., 2.60-3.25; pigs, good and choice 100-130 Ibs., 200-3. 15, Cattle, 7,500; calves, 2,500; yearling 4 | and light steers strong to 25 higher; strictly good and choice mediwn weight and weighty steers sharing advance; lower grades weighty bull- ocks steady to strong; best heavy steers early 9.25; several. loads 8.50- 9.00; some held above 9.00; yearling heifers up to 7.00; other killing classes “Arri i| about steady; most light steers 5.75- 0 eaateanaense 2 Ha e i z gEpERRRERRRSRER 3 i: em AMO RMS 3 ores lalet total m0. 4 94 93 Whea: reyes mo 3 Pete 92 a 92 Derem 1.13% 1.18% 1.093 1.15% - 111% 117s BP mo 5 As Be ges 3) aoe i nL if Pras aE aa % q No, 2 white 55; sample grade dry 8O. ST. PAUL LIVESTOCK seed 96.80-75 per cwt. DULUTH CASH RANGE Duluth, May 1 16.—()—Cash dark northern 92%-98; No. 3 1.00; No, 2 northern 92%-87; No. 1 amber durum 88%-1.18% ; No. 3 durum durum 81%. 04%-1.13%; No, 1 red durum 82%, Plax, No. 1, 1.85%. a bg - ae 33% -35%. is a et. oes = Clover seed $10.00-13.75 per cwt. good heifers 4.00-5.25; beef cows 2.25- 3.26; few w eo tab tam eueer and cutters :. 13.00; bulls largely 2.50 3 few heavy weights 245; fairly dependable outie outlet for stockers on aak®: dark northern 934: 1.01; bay poe shipping account 1 4 northern 91-96; No. 1 northern 93%. sirable durum 86% -1.13%; No. 3 mixed durum | better « | Ibs., +) dium, *| grades 5.00-6.50; . |935 Ib. heifers 5.50-6.00; most beef . [COWS 2.50-3.50; 7.50; bulk heavy, 7.50-8.50. Slaughter cattle and veal Steers, good and choice, 550-900 Ibs., 6.00-8.00; 900-1100 6.25-8.75; 11 300 lbs, 6.75- 9.25; 1300-1500 lbs., 7.00-9.25; common and medium 550-1300 Ibs., 4.50-6.75; «+++*| heifers, good and choice 550-750 Ibs., ***| 5.50-7.00; common and medium, 3.50- | 5.25; cows, good, 4.00-5.25; common and medium, 2.75-4.00; low cutter and 2, | cutter, 1.50-2.75; bulls (yearlings ex- cluded), good (beef), 3.25-75; cutter, common and medium, 2.50-3.35; veal- Good and choice, 5.00-6.50; me- 3.75-5.50; cull and common 3.00-3.75. Stocker and feeder cattle: Steers, good and choice 500-1050 Ibs., ‘ soy common and medium, 3.50- eet 6,000; lamb classes active; +| generally strong to 25 higher; some *| springers 50 up; three doubles wooled lambs practically straight, 9.15; two doubles clipped 8.00; scattered good and choice native springers, 10.00- 10.50; sheep steady; spring lambs, good and choice, 9.25-10.75; medium, 8.50-9.25; lambs, 90 lbs. down, good and choice, 7.75-8.25; medium, 5.75-7.75; 90-98 lbs., good and choice, 7.75-8.00; ewes, 90-150 Ibs., good and choice, 2.50-3.50; all weights, common and medium, ‘1.25-3.00. SIOUX CITY Dept. Agr.)—Cattle 3,500; fat year- lings and light steers fairly active, mostly strong to 15 higher, some up more; matured steers steady to strong; heifers active, firm; cows un- even, steady to weak; stockers and +| feeders dull; mostly 50 lower for three days; load lots long yearlings and medium weight beeves 6.75-7.00; some held higher; bulk medium to good Several sales 750- low cutters down to 1.25, numerous sales plain light stock- + |ers 3.00-50; late Tuesday choice 1120 Ib, feeders $5.50. Hogs 6,500; mostly 5-10 higher; top 3.35; bulk better grade 180-270 Ibs. és pene 3.15-30; 270-310 Ib. butchers 00-15; heavier weights. slow, good + ]130-170 Ib. weights 2.25-3.00; mostly 2.50-65; big weights down to 2.40; feeder pigs 2.25 down. Sheep 2,000; including 1420 direct; no fed wooled lambs; opening around *|25 higher; package choice 93 Ib. aver- ‘/ages 9.00; no clipped sold; asking about 8.00 for best offerings. CHICAGO POTATOES Chicago, May 16.—(#)—(U. 8. Dept. Agr.)—Potatoes, 71, track 212, total U. *|8 shipments 722; old stock, firm; sup- Plies moderate demand and trading moderate; sacked per cwt; Idaho Rus- $1.25; Colorado lo. 1, $1.52%; Wisconsin round whites Tea'no. 1, cotton sacks $1.15; Minne- No. 1, .95-1.05; $1.10. New stock, about: steady, supplies moderate demand and trading rather slow; sacked per ewt. Alabama Tri- umphs U. S. No. 1, $2.10-15; 1 car slightly decayed $1.95: ‘Triumphs dirty, some slightly decayed $1.75-95; Cobblers U. 8. No. 1, $2.30- 35; showing decay $2.05. common and; Sioux City, May 16—(P)—.U. | Tribune Want Ad 1 insertion, 15 words Rates Are Low 2 consecutive insertions, not over 15 words 1 insertion, 25 words 2 consecutive insertions, not over 28 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 fled display rates of 75 cents per column inch per single insertion. Ne clairveyant, fortune teller, matrimonial, or doubtful advertising accepted. We restrve" the right to edit or reject any copy submitted. Today’s Safe Driving Hint KEEP TO THE RIGHT There's safety and security in that little line that runs down the middle of the rural highway pavement. It is a veritable life line to motorists who will use it as they should. Keep to the right and you will al- ways be right. While this is true at all times, it is especially important as you approach a curve or the brow of a hill. Motorists coming from the opposite direction have @ right to ex- Pect this of you. Don't hold to the center of the road, even though the highway is deserted ahead. This practice, typical of the “Sunday driver,” slows up traffic and causes accidents. Riding the line is hogging the road. Don’t be & road hog. ——_—_—__-—____—_-® f Strange But True | Stories of Life | (The Associated Press) EFFECTIVE COMPROMISE Spokane, Wash.—The combination beer parlor and dance hall, where the orchestra plays far into the night, and the nearby Basmond Hotel, whee ests can’t sleep, have comprom! 5 Orne bass drummer in the orchestra will lose his job. TOKEN PAYMENT BARRED Milwaukee—War debt negotia- tions had their parallel here as counsel for Mrs. Johanna Reuther informed the court that her di- vorced spouse, Edward, had of- fered a $2 “token” payment on his alimony arrearage of $1,384. “Ludicrous,” the court eee, ordering Reuther to appear w! @ more substantial settlement plan, Woman Identified by Apartment Operator St. Paul, May 16.—(#)—Evelyn Fre- chette was identified as one of the oc- cupants in the Lexington Avenue apartment whence he and John Dil- linger fled last March 31 by Mrs. Daniel Coffey in federal court Wed- nesday, Tt was the first identificaton of any of the three defendants charged by the government with harboring the fugitive desperado in the Twin Cities fe house owner, testified she saw Miss Frechette, sweetheart of Dillinger, the Female Help Wanted WANTED—Experienced girl for gen- eral housework. References required. rire other need apply. Phone 498-W. Apartments for Rent FOR RENT — In Rue Apartments: Furnished all modern two room apartment. Laundry privileges. Call at 711 Ave. A. or Phone 1256-W, WANTED—Competent woman to do! froning once a week. Call ‘Thursday a. m. Work Wanted MA’ SSES DON’T THROW away your old mat- tress or sleep on one that is un- comfortable. We will rebuild it new including new cover for only $3.95. 300 8th St. Phone 1962. WANTED—Week by the hour or day by competent girls. Phone 627-3 or call at 307-4th St. For Sale FOR SALE— Add ing machines, EXPERT REPAIR- ING on all office machines. Sup- plies. CAPITAL TYPEWRITER CO. 207 Broadway, % block West of Postoffice. Phore 820. FOR SALE—Fence posts; diamond willows and ash; at 4c and 5c. Seed corn, Burleigh county mixture 95|° per cent. Polat ane Ribbon prize. re Meee ener ern Anton Weigel, | ute 2, St miles northwest os Bismarck. FOR SALE—Tomato, cabbage and celery plants. Also sweet clover honey. C.D, Mason. Phone 932-R. FLAXSEED FOR SALE—100 bushels good clean flaxseed at $1.80 per bu- shel. Inquire 502-7th Street. FOR SALE—2 pure blood yearling Hereford bulls. $60.00 each if taken before June ist. H. A. Carlisle, Braddock, N. D. Route 3. me rea Nice sound potatoes for table and seed. Come and see them. Price 80c per bushel or if delivered 90c per bushel. If you wish to have them delivered let us know one day ahead. Richard A. Kunz, 222 South 9th Street, Bismarck, N. D. Phone 1317. FOR SALE—$550. new Kimball Piano. Must be seen to be appre- ciated. Will sell for less than half price. Call at 1311 Rosser. FOR RENT—Modern 3 room and bath apartment, unfurnished. Very good condition. Also 10 room house. May be divided into apartments. Close to business district. T. M. Casey & Son. 'FOR RENT—Furnished apartment. | Living room, bedroom, kitchenette and bath. Double room, Murphy | bed and kitchenette. 314-3rd St. Everts Apts. |FOR RENT—One room furnished apartment. Very large room and ; closet. Call at 613-3rd St. Phone ‘747. FOR RENT—Very pleasant four room unfurnished upstairs apartment. Strictly modern. Hot water at all times. Kelvinator, also electric washer. Private bath. Front and back entrance. Call at rear of 413 . Thayer. t RENT—Completely furnished 2 room light housekeeping apartment. Lights, heat, water and gas furnish- ed. Use of electric washer. Down- Stairs, $22.00. Upstairs, $20. Call at 1014 Broadway. | FOR RENT: Furnished apartment. Living room, bedroom, kitchen and private bath. On first floor. 924- FOR RENT—Two ment. Partly furnished. First floor entrance from street. Call at rear of 118-lst St. FOR RENT—Front apartment, tour rooms and bath. Unfurnished. Gas range, heat and water furnished. Available immediately. $40.00 per month, Call F. G. Grambs, 304 Main. FOR RENT—Apartment at Person Court. Phone 796. FOR RENT—One unfurnished apart- ment. City heat. Electric refriger- ator. Electric stove, fireproof build- ing. Available at once. Rent rea- sonable. Inquire at the Bismarck Tribune office. ern bungalow apartment. Gas, heat and water furnished. Call at 306 BEAUTIFUL three year old Arabian | so Morgan stud colt. Chestnut bald- faced, white spots. Flaxy mane and tail. Sell or trade for draft stud. Chas. C. Hawley, Underwood, N. very Terms. 6% interest. Very good | cation. $4000. T. M. Casey & Son. FOR RENT—Modern nicely furnished home. Also have 80 acres of clear land for trade for car or what have you. Six miles north of capitol on apartment. cooking, private entrance. Close to capitol, Also garage. Call at 808- ith St. FOR RENT—Furnished 2 room apart- ment. Use of electric washer. Rent- ed Per month. Call at 618-6th Noor of large beautiful home with heat, lights, gas, water, etc. furnigh- ed. $45.00 per month. A real home, Inquire basement apartment, &02- ith Street.