The Bismarck Tribune Newspaper, May 31, 1934, Page 9

t 4 ; THE BISMARCK TRIBUNE, THURSDAY, MAY 31, 1934 Tribune’s Grain, Livestock and - Market Report for Thurs., May 3 NEW YORK MARKET | New York Stocks /HUGE CROP LOSSES LABOR SITUATION Threats of Steel and Textile Strikes Worry Traders; Volume Is Light 365-200 cn SSH & RR FRE Slassees New York, May 31.—(?)—The stock market was depressed Thursday by renewed threats of strikes in the im- | Atch Portant steel and textile industries. | 4) While the extreme dullness of recent sessions continued, prices declined fractions to around 2 points. Steel | Baldwi issues led the downward movement. The close was heavy. Transfers ap- proximated 435,000 shares. Equities apparently saw nothing particularly cheerful in spurting grains which reflected serious drouth damage to crops. May and July wheat climbed the full allowable day's limit of 5 cents & bushel and oats als0| Caterpi! reached the limit of 3 cents a bushel | Cel: advance. The remaining cereals were almost as strong. The house passed the silver bill but) oy, silver futures and the bar metal eas-| ¢: ed. Cotton was a little lower most of the time. Rubber improved. Bonds | Chrysler were irregular, with U. 8. government securities in demand. Sterling sagged th in terms of the dollars and other for- cae Ga eign exchanges were easier. —_——_ | Produce Markets | —<$—<_____—_—_—__+ teat ste ee Chicago, May 31.—(/)—Butter was! Corn Prodi firm in tone Thursday. Poultry was easy and eggs unsettled. With weather the dominant factor, many dealers in butter have turned decidedly bullish, although there was/ 7) a general movement to hedge cur- rent arrivals by selling Novembers. Much of the buying of futures was of a speculative nature. Butter, 17,918; tp i %; sec onds (86-87) 2015-21; standards (90 centralized carlots) 23's. Butter sales 500 tubs extras 24. Eggs 24,776, un-| Ge, settled; extra firsts cars 15% local 15; fresh grade firsts cars 15 local 14%; current receipts 12%-13%; eggs sales 50 cases current oe 133, rn Poultry, live, 34 trucks, easy; hens 13-14; Leghorn hens 10; Rock fryers| Graham 24; colored 23; Rock springs 26, col- ored 2412; Rock broilers 21-22, colored 21, Leghorn 17-19; barebacks 16-18; roosters 7!3; hen turkeys 14, toms 12, | Hi No, 2, turkeys 10; spring ducks 1%, (old) 9-10; spring geese 13. NEW YORK New York, May 31.—(%)—Butter, 21,522, firmer, creamery, higher than extra 24%-25%; extra (92 score) 24%; first (88-91 scores) 23-24; seconds (84- 87 scores) unquoted; centralized (90 | Kres: score) 22%. Cheese, 196,546, about steady. Prices unchanged. Eggs, 53,212, firm. Mixed colors, special packs or selections from fresh receipts 1815-21; standards and com: mercial standards 17%-18; firsts 151s- 16; mediums, 40 Ibs., and dirtiés No. 1, {Mi 42 Ibs. 1412; other mixed colors un: changed. Dressed poultry steady. Fowls, fresh, 13-17; other grades unchanged. | Nat. Live poultry weak. Broilers. ex- press, 12-25; other express and all|N freight unquoted. | Miscellaneous FOREIGN EXCHANGE New York, May 31.—()—Foreign exchange easy; Great Britain demand in dollars; others in cents: Great Britain 5.06%; France 6.58%; Italy 8.51; Germany 39.08; Norway | Pen 25.47; Sweden 26.14; Montreal in New York 100.25; New York in Mon- treal 99.75. CURB STOCKS Mb the season's low price, 70% cents. 34 No. 2 northern, 1.10-1.1 4 | ber durum, 1.02% -1.28%4; SKYROCKET PRICES Limit of Range Permissible in One Day Reached; Other Cereals Follow Chicago, May 31—()—Unparalieled jnational crop losses reported from | Mi heat and drouth whirled grain prices up late Thursday to the extreme limit Permitted, wheat 5 cents a bushel. Trading reached an enormous vol- ume. parts of the west and northwest had been abandoned, trade advices said. Wheat closed excited at the day's top, 4%-% above Tuesday's finish, May 1.033; July 1.02%-%; corn 3%- 4 cents up, May 59; July 60% -61; oats 2%-3% advance, and provisions un- changed to a rise of 30 cents. Wildly mounting prices soon carried _|the wheat market above $1.01 for all| May deliveries. September wheat led the/ge way and went to $1.02, and then reached within % cent of $1.03. Simultaneous yith the skyrocketing of wheat, both corn and barley shot upward more than 2 cents a bushel, and rye and oats 3 cents. Feverish dealings which ensued were accompanied by lightning like 4| successive alternate fluctuations of more than a cent down and then up again. The transient setbacks at this «| Stage represented chiefly due to huge 3 | Profit-taking operations on the part of previous buyers. . Thursday's sudden upward sweep of wheat values contrasted strongly with which July delivery brought on Octo- 54 | her 17 last. ~ Corn and oats bounded upward Thursday with wheat. Oats went to 20 cents above the season's low point, touched on April 17. Provisions reflected the advance of erains. LIS FUTURES MINNEAPO! %4| MOVE UPWARD TO LIMIT Minneapolis, May 31.—()—Wheat futures were fussy and strong here ta Thursday and finally reached the limit prices after profits had been secured on sizeable lines. 1 | Weather news was behind all the 4,|strength. New highs were reached all along the line and trade was broad and active with commission houses leading the buying. News was in limited supply because of heavy business carried over private wires. ,|May wheat closed 4%¢ higher, July and Sept. 5¢ higher. May, July and Sept. rye closed 4%c. higher; May barley closed 5c higher, July 4c higher and Sept. 4%e higher. May, July and Sept. oats closed 3c ‘| higher. May flax closed 1%¢ higher, July 2c higher and Sept. 3%c higher. Demand for cash wheat at diver- 4 {sion points was snappy and prices 3,| were firm compared with futures. Local demand was good and altogeth- ‘s| er the situation was strong. No mill- ing wheat was neglected. Winter wheat was in good demand and scarce. Corn was in better demand and firm. Oats demand was firm to good and offerings were light. Rye was in very good demand and firm to strohg. %| Barley was very strong and sharp demand. Flax demand was steady 4 *|and receipts were moderate. DULUTH CASH GRAIN Duluth, May 31.—(?)}—Cash closing ‘Wheat, No. 1 dark northern, 1.10'- 117%; No. 2 dark northern, 1.1 / No, 3 dark northern, 1.08%: No. 1 northern, ber durum, 1.02% -1.28' rum, 1.01%-102%; No. 2 durum, % 11.10%; No. 1 mixed durum, 1.00%- 1.23%; No. 2 mixed durum, 98%- 1.23%; No. 1 red durum, 96%. Flax, No. 1, 1.99. Oats, No. 3 white, 4376-45%. Rye, No. 1, 67. Barley, malting, 60-70; No. 2 spe- celal, 51%-53%; No. 3 barley, 51%; lower grades, 46-51%. RANGE OF CARLOT SALES Minneapolis, May 31.—(7)—Range of carlot grain sales: Wheat, No. 1 hard spring, 1.10% 1.11%; No. 1 dark northern, 1.13 No, 2 mixed, 1.08%; No, 2 hard white, 1.09%; No. 2 amber durum, 1.12%- '% | 1.22%; No. 1 mixed durum, 1.11%. INVESTMENT TRUSTS (By The Associated Press) (Over the Counter in New York) Quart. Inc. Sh. .......... 126 1.36 " HOME LOAN BONDS Home Owners Loans 4° ‘51, 101.18. No. 2 northern 78%; No. 3 northern British manufacturers used 15,000,- 75% 5 000 lisard anes mae 1 a8 Oe } production. |26%. , Man, May 31—(P)— 1 nortan No. 1 northern 81%; 2 No 2 whieh 98%; No. 3 white Corn, No. 1 yellow, 591s. Rye, No. 2, 6914-72. Barley, special No. 2, 86-90; No. 3, 2/90; sample grade, 90. , Flax, No. 1, 1.99%-2.05%. Oats, not quoted. CHICAGO POTATOES — Chicago, May 31.—(7)—(U. 8. Dept. %e| Agr.)—Potatoes, 142; on track, 286; total U. S. shipments Tuesday, 796; Wednesday, 908; old stock shout steady, supplies moderate, demand and trading rather slow; sacked per cwt. Idaho Russets, U. 8. No. 1, 150- 1, combination ‘grade, 1.35; U. 8. Ne 1.35; Wisconsin round whi! s, U.8. No. 1, 1.25. New stock steady, supplies moder- ate, demand and trading moderat sacked per cwt., Bliss Triumphs, Als. Dama U. 8. No, 2, 1.90-95; slightly de- 165-75; Louisiana, 1.85-f |. 8, No. 2, 1.35; Texas, dirty, 1.80; U. 180-90; slightly decayed, slasippi, 1. ON CHICAGO MARKET xe Sept. Hopes for small grain in many M [LON 1 00 + 90% 1.03% 98% ae = BepRAe i i ws 00 BO 9 C9 BO ie i it & Qe 5 3 az mosmuanos 33 g rorey store) t-te} 3 9 ="9 Bo Loge i 34! ES ang 3 e Ht Eo pass aate Ey s ii 3 = a s f] 5 of F 3% s Grain Quotations oni ee poahaed ea ME MINNEAPOLIS RANGE Minneapolis, oar 31.—(F)-— ais 655 ‘iis 53% ae” a aeuiti Phe id RANGE uuluth, Minn. May 31.—(>)— Du Open High Low { jose MINNEAPOLIS CASH GRAIN is, May 31. — () — Wheat ursday 100 compared to 76 olis cash wheat and coarse grain closing quota’ Wheat. Del: Me % Ye a % % bY % 1.08: 1.07 1.06 1.08; 1.07 106 1.08) 1,07 1.06 1.08: 1.07 Me % % north. 1.0.. oes 1.08% 1.11% » 107s hilt or 1.08% 1.10% 1.0813 or: + 1.0642 1.07% 1.06%, 1.07% ram 1 amber 1.24% 1.38% 1.21% 1.27% + 1.234 1.20% ... see 1.08% 1.14% .... ,|A)—Cattle 6,000; better grade long 4 | Weak to 25 lower; fat she-stock mostly tions toda: : —_—_—_—_—_—_—_—_—_—_————— ivesed son cutters and cutters chiefly 1.25-75;/ing the league or subscribing to its few plain stockers 3.75 and under. | pi */Bismarck Man Dies; 99% 1.03% ... 98% 1.02% 98% 1. oo. BI% 1 rd durum 06% 98% Coarse Grain :|Treasury Deficit Is ..|from Thursday the treasury ends a *|—but with a deficit probably little ‘*| tell the final story of the first full | velt administration. eastern orders; these 37.50-47.50. CHICAGO Chicago, May 31.—(F)—(U. 8. Dep. Agr.)—Hogs, 35,000 including 15,000 direct; weighty above 220 pounds 10 j higher than Tuesday; others weak to lower; 210-350 Ibs., 3.50-75; top 3.75; 170-200 Ibs., 3.00-50; pigs 2.00 dewn; Close | packing sows 2.75-3.10. Light light, good and choice, 140-160 Ibs., 2.50-3.1 light weight, 160-200 Ibs., 2.90-3.50; medium weight, 200-250 Ibs., 3.35-7! heavy weight, 250-350 Ibs. 3. s, | packing sows, medium and good, 275- 550 Ibs. 2.50-3.25; pigs. good and _ | Choice, 100-180 Ibs... 1.50-2.50. Cattle, 13,000; calves, 3,000; medium 4$"* | weight and weighty steers active and strong; instances higher: early top $9.75 paid for 1445 pound averages; several loads 8. Nght and long ally best long light weight steers to 5.50-7.50; cutter cows 10.15; fat cows weak; bulls and vealers weak. Slaughter cattle and veale teers, good and choice, 550- 800 Ibs., 5.75-7.75; 900-1100 Ibs., 5.75- 8.75; 1100-1300 Ibs., 6.50-9.90; 1300- 1500 Ibs., 7.50-9.90; common and me- dium, 550-1300 Ibs., 3.50-7.00; heifers, good and choice, 550-750 Ibs., 5.00-6.75; common and medium, 2.75-5.00; cows, g00d, 3.25-4.50; common and medium, e | 2.25-3. low cutter and cutter, 1.00- bulls (yearlings excluded), good (beef), 3.50-50; cutter, common and medium, 2.25-3.10; vealers, good and | choice, 5.00-6.00; medium, 4.00: {cull and common, 3.00. and feeder cattle: steers, choice, 500-1050 Ibs., 4.50-6.00; com- mon and medium, 2.50-4.50. Sheep, 8,000; clipped lambs 10 to mostly 25 lower; springers bid 50 of more off; sheep steady to weak; top |Clppers 8.25; bulk 8.00 downward; springers bid 10.00 and below; asking 10.25-50; top ewes 2.50; bulk heavies 1.00; slaughter sheep and lambs: spring lambs, good and choice, 9.00- 10.50; medium, 8.25-9.00 lambs, 90 Ibs. cywn, good and choice, 7.50-8.25; com- mon and meduim, 6.25-7.65; 90-98 Ibs., } 800d and choice, 7.75-8.35; ewes, 90- 150 Ibs. good and choice, 1.78-3.50; all weights, common and medium, 1.00-2.00, SIOUX CITY Sioux City, May 31.—(%)—(U. 8. D. yearlings and most matured steers about steady; scattered other sales 25 off; stockers and feeders slow, weak; car good to choice 1195 Ib. beeves 7.75; load 1044 Ib. yearlings jumpy early sales largely 5.00-6.25; few heifers up to 5.25; some held higher; bulk beef cows 2.00-3.00; low Hogs 13,500; better grade butchers 10; feeder pigs 1.00-50. 9.75 for best native spring lambs and around 7.75 for fed clippers. Samuel Fairman, 68-year-old resi- dent of Bismarck, died Wednesday at 10:50 p. m, in a local hospital. Inter- ment will be made in the Fairview cemetery following the funeral serv- ices, which will be conducted in the Webb Brothers chapel at 2:30 Friday afternoon. Rev. F. E. Logee, pastor of the First Presbyterian church, will officiate. Mr. Fairman, who resided ‘at 100 Thayer Ave., was born in Belfast, Ire- land, Dec. 6, 1869. He came to the United States in 1882 with his par- ents, Mr. and Mrs. Isaac Fairman and lived in New York before coming to North Dakota. In 1892 his parents came west and took up a homestead nine miles west of Wilton. He served as postmaster at Wilton for eight years and also was county surveyor for McLean county for some time. He was mar- ried to Mary Safstrom in 1897 and they moved to this city about seven years ago. He leaves, besides his wife, two daughters and one son. They are Mrs. Ada Johnson and James Fair- man of Bismarck and Mrs. Martha Hanson of Wilton. Below Expectations Washington, May 31.—(#)—A month | year of peacetime’s greatest spending more than half the $7,300,068,211 President Roosevelt estimated. The rate of June emergency spend- ing, probably to be accelerated, will 12-month fiscal period of the Roose- From the present outlook, however, when the 1935 fiscal year begins July 1, the year just passed will show deficit around the $4,000,000,000 level Elimination of the $488,000,000 sink- ing fund item would bring this down to around half the president's bud- get figure. June spending would have to jump e|tremendously to push the year-end deficit any higher, for during the ;| month nearly $20,000,000 will be paid in as second quarter installments on ; | 1933 incomes. Menaced by France|| Genevs, May 31.—()—Russia’s rev- clutionary proposal to make the belstia old crop fed lambs; early bids on slaughter ewes 50-1.75; few desirable lightweights sold 3.00-4.00. Dairy cattle, no nearby or local de- mand for milker or springer cows; some interest in kinds suitable to fill selling around WANTED—A baby buggy in good con dition. Must be reasonable. Write fairly active steady to 10 higher; few| speeches Wednesday, particularly that light weights 180 Ibs. down ® shade|of Louis Barthou, French foreign) Ue Ad. No. 6835. lower; early top 3.15; bulk better | minister, in which he ridiculed British | == ==sessres =| nished room for light housekeeping. grade 190-300 lb. weights 3.00-10; good | proposals and attacked Germany, no 140-180 1b. weights 2.25-90; sows 2.60-| session was planned Thursday. the Sheep 2,500; including 1078 direct; | ously ruffled, were expected te cool} Hotel, Washburn, N. Dak. nothing Gone early on killing classes; |by postponement of a meeting until PBceihhel onan aan FOR RENT—Two large room apart- talking 25 lower on lambs, about;Friday. In addition members were steatly on sheep; indications around/given a chance for private discus- ‘sions. reported. 2 280. ‘Doctor Fighting to | 1929 Nash Sedan .. + 2504 features. Geneva Agreement — 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. Tribune Want Ad 1 insertion, 15 words Ratis Are Low 45c 2 consecutive insertions, not over 28 words . 3 consecutive insertions, not over 25 words 6 consecutive insertions, not over 25 words . oe 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 er white space used on want ads come ander classi- fled display rates of 75 cents per column inch per single insertion. No clairvoyant, fortune teller, matrimonial, or doubtful advertising accepted. We reserve the right to edit or reject any copy submitted. FUNERAL HOME J. W. CALNAN Funeral Home Phone 22 Wanted to Buy Personal 1 Light J wheel auto trail-| Conditions are shaping for a very ac- er, complete with tires. Write Trib-} tive market in both grain and stocks. une Ad. No. 6875. If you wish to make money by tak: | ing a flyer in the markets, phone ) Tribune Ad. No. 6877. Male Help Wanted 208 Main Ave. Bismarck, N. BD. WANTED—Collectors who are exper- fenced on farm paper. Write Trib- jedges. Because of the situation created by Apartments for Rent FOR RENT—One large, well fur- Ground floor, east front, private en- trance. Magic Chef gas range. Also Z-room well furnished apartment. Call at 808-7th St. Female Help Wanted Feelings of some delegates, obvi- | COOK WANTED N ment on first floor, furnished on unfurnished. 812 Ave. B. ‘—Complet rnished 2 Salesmen Wanted __ NATIONALLY known concern has | ¢ i = S its de ends castes room light housekeeping apartment. i i ed eres Lights, heat, water and gas fur- pee Aggriev , | young man to cover retail grocery ished. Use. af electric’ wasiier 2 * efense Counse trade in western North Dakota and|/ Downstairs, $22.00. Upstairs $20.00. To Be Buried Friday [At Defense Ce eastern Montana. He should be be-) Call at 1014 Broadway. tween ages of 26 and 35, preferably married with at least two years high school education. Write for inter- view, stating age, education, busi- counsel in the Governor William ness experience. Will be in Bis- i marck to interview applicants Sat- Timboe has been hanging urday. Write Tribune Ad. No. 6880. round Bismarck now for Gays, | queers INT: partly furnished. Lights, water and waiting and waiting for a chance to get on the witness stand and Work Wanted gas furnished. 1311 Rosser Ave. ton Ds ey COLLEGE GRADUATE wishes work | _Phone 718-LW. : in business place, farm or teaching.| FOR RENT—Unfurnished modern Each day he marched to the federal building, with high hope. Speaks English and German. Write; basement apt. Two bedrooms, large 6781. living room, kitchenette and bath. can ger ack on the fob." And ste can get on the job.” Ani G id water ft ‘Adi each day he walked back to his i See ie ica hotel, wondering if he had gotten .|Have your old mattress renovated es ae in on the right trial. and rebuilt now. We rebuild all)FOR RENT—Two rooms for light Wednesday his chance came— kinds, including the modern in-| housekeeping. Gas, lights, water late in the day, the bailiff pranc- nerspring. The condition of your] and telephone furnished. Call at ed through the halls calling his mattress makes no difference. We) 801 Fourth St. name. Timboe bounced forth, make them new. 309 8th St. Phone | FOR RENT—Furnished 2 reom apert- into the courtroom and onto the | __ 1962. Se ie ment upstairs, Rental $23 per EXPERIENCED GIRL desires house-| month. Also 2 rooms and kitchen- work. State wages. Miss Edith] ette, ground floor, $28.00 per month. was “Yes, sir. Johnson, R 1, Box 80, St. Anthony,| _618-6th St. eas Defense objections to anything N. Dak. FOR RENT—Modern apartment con- else from Timboe were she, O———S | sisting KS large living room, bed- and he walked from the court- room, kitchenette and bathroom. rooth without fulfilling the mis- Automobiles for Sale | available June ist. Inquire at Cap- sion for which he was panera jee oud bial ay ital Cut Rate Drug store. timony regarding a speech by is Cabriolet FOR RENT—Two room nicely fur- Governor Langer which he had 1933 Chevrolet Coach + 525. nished apartment, kitchenette, elee- 5 1933 Pontiac Sedan tric refrigerator, sink and built-in FOR RENT—Two cozy light house- keeping rooms. Lights, heat and water furnished. Use of telephone. Private entrance. Also 2 nicely furnished sleeping rooms. Call at A.C. Timboe, editor of the Devils Lake Journal, is mighty, mighty aggrieved at defense room spertment, stand. The sole extent of his testimony Doctor Fighting to 1931 Bulek Sedan ; Save Babes’ Lives ||_°” Conwin-cnunciis while Ald was’ hurries from the ee le Aid was hurric3 from the |#OR SALE—TYPEWRITERS, AC outside world, a country doctor [SNe ‘chines, EXPERT REPAIR continued an unceasing | fight | ING on all office machines. 8up- Thursday for the ‘ives of Ve plies. CAPITAL TYPEWRITER Liny patients quintuplets born in | Go, ° 97 Broadway, % block Went oe. ae Now three days old the infant | _0f Postottice. Phone #20. girls were gaining strength—put |MANDAN ELECTRIC HATCHERY. Rooms for Rent . the heaviest weighed only three | Baby started chicks, spring {rys.|#OR RENT—Nicely furnished rooms pounds, four ounces at birth. custom hatehing of turkey suitable for two. One near bath. Quintuplets are rare in medical chicken eggs. See us before buy-| Another with lavatory bowl in room. annals and it is even rarer for all ing. Located 1008 West Main St. to survive. Mandan, N. Dak. Premier George & Henry of Ontario instructed the public wel- fare department te provide all Necessary care for Mrs. Oliva Dionne, the 24-year-old mother, and her babies, who have five older brothers and sisters. ‘The bebles have been baptised by the parish priest and named —Ceeile, Yvonne, Marie, Emily arid Annette. ‘They wear tags, so they can be told spart. adults. Close in. Ready for ocey- Pancy June Ist. Phone 260. Dr. once. Rent rea Inquire at the Bismarex eee 7 e But True Sto ‘The