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

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| Tribune’s Grain - Market Report for Thurs., Aug. 16 [ New York Stocks |LATE SELLING HAS . |{ “Grain Quotations | GLNB HIGHER BUT |..ne mm STOCKS BEGINSLOW | MART REMAINS DULL Buying Starts In Communica- tions Issues, Spreads to Other Groups 000 shares, Strength of cattle and hogs domin- ated the commodity markets. Wheat was higher for a time, but lost its gains, and cotton moved narrowly. The bond market was steady to firm. Bus- iness news included a few favorable but on the whole. | & earnings reports, the securities markets lacked impetus. ‘ Cc In communications issue, gains of 1 to 2 points in such issues as West- | Celanese ern Union, Postal Telegraph preferred, and American Telephone were partly lost. Radio preferred “B”, however, “closed about 3 points higher. News affecting these issues were lacking, “gave for Wednesday's regular tele- Phone dividend. American Agricul- tural Chemical and Union Pacific clos- ed about 3 higher, and issues up 1 to 2 included American Can, Chrysler, Dupont, Goodyear, U. 8. Rubber pre- ferred, Westinghouse, Wilson A, and Armour preferred. —_—_——_ | Produce Markets | ——___—__—________- CHICAGO Chicago, Aug. 16—(?)—Butter and eggs were steady in tone today. Hens ‘Were steady and chickens were easy. . Butter, 11,470, steady; creamery specials (93 score) 27%-%; extras (92) 36%; extra firsts (90-91) 25%-%; firsts (88-89) 24-24%; seconds (86-87) 22-23; standards (90 centralized car- Bees, 4278, steady, prices un- ange Poultry, live. 2 cars, 30 trucks; hens steady, chickens easy; hens 13%-15; Leghorn hens 10; Rock fryers 15-16%, colored 14; Rock springs 17-19, colored 16; Rock broilers 14%-15, colored 14, jbarebacks 11-13, Leghorn 13%-15; Toosters 9; turkeys 10-14; spring ducks 8-12%, old 8-9; spring geese 10, old 7. . NEW YORK New York—Aug. 16—(#)—Buter, 13,- 402 firm. Creamery, higher than ex- tra 28% -29%; extra (92 score) 28%; first (88-91 scores) 24%-28; other grades unchanged. Cheese, 193,084, firm. Prices un- changed. Eges, 14,656, steady. Mixed colors . All white and brown eggs unchang- ed Live poultry easier. Fowils, freight 14-18; express 15-18; other freight ut and express ul 21% Dressed poultry firm. Fowls, freah|toew's ...... 21% Alleghany .. AL Chem, & - 128% Allis-Ch. Mfg. « 13% Am. Can ... . 7 Am. Coml. Al. 26% Am. & For. Pow. 1% Am. Loco, Am. Metal 4 ee Am. Sugar Ref. a" Am. Tel. & Tel. al Am. Tob. “B” 18% Am. Wat. Wks. sae 18% Am. Wool soe 47% BE i 25% w sxe OE OG PG Eno BN Chi. Gt. Wes. iy Chi. Gt. % C. M. 8t. Cc. M. 8t. 4% Chrysler ae Colum. G. é& 8% Com. Solv. . 19% Com. Southern 1% Con. Gas . 27% Con. Oil .. . 9% Cont. Can . 8 Cont. Ins. 27% Cont. Motor h Cont. Oil Del. 19 Corn Products 57 Cream Wheat 32% Crosley Radio 14% Curtiss Wright .... 2) DuPont Bt East. Kodak 98% Eaton mtr 14% El. Auto Lite 18% El. Pow. é& Lt. 4 Erie R.R. .. 13 Fid. P, Fire Ins. 26% Firest. T..& R. ue Fox Film “A” . 10% Gen. Am. Trans, 31% Gen. Elect. 19 Gen. Foods 29% Gen. Mills 58 Gen. Motors 29% Gen. Ry. 29 Gillette . 1% Graham 1% Gt. Nor, Ir. 10% Gt. Nor. Pid. 14% Gt. West. a 33% Hed. “! 4% Oil q Howe Sound 52% eae i Tiinots Central 16% . Harvester 26 Can 25% Int. Tel, & Tel 10% 9-20; turkeys, fresh 30-32; frozen 17-| Mack ‘Trucks 35 p Wiesel : Siath” Ane n° i be Miami 4 | Miscellaneous | |Msmi co ity : FOREIGN EXCHANGES ‘Mo. Kan. 6% New York, Aug. 16.—()—Foreign | Mont. Wi 2% exchange steady; it Britain de- | Murray Corp. 5% mand in dollars, others in cents. Nash ae Great Britain 508%; France 6.06; |Nat. Biscuit, ri Italy 8.67; Germany 39.55; Norway Nat. Prod. 11% 25.52; Sweden 2620; Montreal in New |NSt- Deity ie York 1.0228%; New York in Montreal Nat, Pow. & ay NEw YORK CURB orth “American Be New York, Aug. 16—(?)—Ourb: ee Pacific : ex Cities Service 1%. tag ise Elec Bond & Share 11%. 4 36% Standard Oil Ind 26 3-4. 3% United Founders %. Par.-Publix Cif. 3% Pat Exchange 14% NEW YORK BONDS Penny (J. 0.) . 58% New York, Aug. 16.—()—Bonds/Penn R. R. close: Phillips Great Northern 7s of 1036 89. Tobacco products 6%s of 2022 107%. INVESTMENT TRUSTS (By The Associated Press) (Over the Counter in New York) Quart Inc Sh ............ 118 1.30 Liberty 3%s 103.19 Liberty Ist 4%s 103.7 Liberty 4th 4%8 103.25 ‘Treas 4%s 11.30 ‘Treas 4s 108 i i i Pills, Flour ... 20 Proct. & Gamble 37% Pub. Svc. N. J. ote 2% 8% 2% “ Reynolds - 6% 1% ‘Seaboard 1 Seaboard Oi) .. 28 Shattuck (F. G.) 8 Union ae Soc. Vac. Oil 15% Southern Pac. . 171% Southern Ry 15% es With. . 3% |. Brands BRE FREE FRE mera a7 SRS Soa BBR SSIS aSSlhaBe swath FESSESEFE KESTER F 2 # 3 . 2 =3 , Livestock and | WEAKENNGEPPECT ON WHEAT PRICES: 2 Practically Wipes Out Early Gains; Speoulators Fear U. S. Action Chicago, Aug.| 16.—(AP)—Late Mi selling enlargement attributed to | eastern sources had a weakening ef- fect on wheat prices Thursday, and practically wiped out early gains. Uneasiness in various quarters was | Dec. renewed about possible developments at Washington concerning proposed peeiie AA for Lge ed governmental regulating of grai speculation. Measures for increased governmental regulating of grain speculation. Word of beneficial rains in Argentina acted also as a late bearish influence. Wheat closed steady unchanged to % higher, Dec. New 108%-%. Corn % off to % up, Dec. 78%-%, Dec. 18%-%, oats at % decline to % ad- vance, and provisions showing 12 to 30 cents gain. Active general buying that took Place in wheat market was largely as- sociated with the fact that after five days of declining prices a letup of liquidating pressure was apparent. It * # * washes es $233 , {Was specially pointed out that labor % | troubles in Argentine were likely to interrupt seriously the shipment of grain from that country, and to en- large demand for wheat from North America. A simulating factor regarding corn Dec. was reports of urgent demand for feed supplies both in drouth areas and elsewhere. A new peak price Thurs- |Sept., day for hogs tended further to give | Dec. upward momentum to the corn mar- ket. Another bullish factor was state- ments current that rains in the corn belt were generally too late to benefit the corn crop. Oats reflected strength both of wheat and corn. Provisions advanced sharply, par- alleling the action of hog vaules and of grains. GRAIN MARKET UNSETTLED BUT FUTURES CLOSE HIGHER Minneapolis, Aug. 16.—(#)—Grain market session but managed to close | Dec. + oneee MINNEAPOLIS CASH GRAIN Aug. 16.—(?)—Wheat ipts Thursday 133 compared to 135 olis cash wheat and coarse follow. |75; low cutters and cutters largely stronger by a mere fraction. Wheat futures were unchanged to %c higher. Enthusiasm aroused by Lit cables at the outset failed to last and steady liquidations on all hard spots along with some fresh pressure induc- ed by @ proposal to release land un- to September wheat closed %c higher, December unchanged to %c higher, and May ‘c higher. Coarse grains were mostly strong and higher because of feed market re- Ports and @ pending advance in but- terfat prices. Minneapolis old Sep- tember oats closed 1%c higher, new 1%c higher, December %c higher, and September feed barley finished %c up, new ‘sc higher and December % higher and December %c up. Cash wheat was slow on account of the seed situation. Demand was good o (eo 09 cone hea . 5 No, northern, 1184-121%5 No. 2 dark 1.15%-110%; No. Rorthern, 1i¢%cli84; No. 1 northe “1.41%; No. 2. amber du- 1,18%-141%; No, 1 amber %-1.26%; No: 2 amber du- rum, 1.1 ; rum, 1.14%-1.36%; No. 2 mixed du- rum, 1.13%-1.36%; No. 1 red durum, Mins, No. 1, 197% fo, 1, 6 Oats, No. 3 white, 49% -52h. Rye, No. 1, 87-91. Corn: No. 1 yellow, 77%; No. 1 mixed, 75%; No, 1 white, 76%. Barley: Malting, 75-85; No. 1 feed, 13%-14%; No. 2 feed, 12%-73%; No. 3 feed, 69%-72%. CHICAGO Caan SEAM =A , Aug. 16.—(?)—Wheat, No. satan No. 1 hard 1.00%; No.1 mixed 1.06; corn, No. 3 mixed 77%; No. 2 yellow 7712-78; sample grade 76 (oil smell); oats, No, 1 white 55%; no rye; barley 68-1.10; timothy seed 16.50-17.50 cwt.; clover seed 12.00-16.50 owt. RANGE OF CARLOT SALES Minneapolis, Aug. 16—(#)—Range of carlot grain sales: , Wheat No. 1 heavy dark northern spring 1.20%4-1.23%; No. 1 dark north- ern 1.19%-1.20%; No. 1 dark hard winter 1.12%; No.1 mixed durum 1.36%. Corn No. 1 mixed 76. Rye No. 2, 90. Barley No. 1 malting 1.02. Oats and flax not quoted. a she i $ BESEEBEE att Chicago, Aug. 16. RRR 8 28 geese ey ‘Wheat "Open ‘High DULUTH RANGE lose | 2.00-3. cy i = Hy es GO BO oe CORO COND BRRRRRRR eRe Re al RRR i & PR RRR RE RR RRR RRS ope panes enene paren remene penene ae a eet et ddd BES O25 353 S53 S33 S25 Se: idl = % 1.16% 1.14% 1.15% 116% 1.16% 1.14% 1.15% ROAMORMOS a porererereyerray ‘1.18% 1.16% 1.14% 1.15% ¥ #33 PY % 1.16% 1.13% 1.15% and Seath Dakota Wheat | i} ae os m0: 4 & oo 112% 113% 1.12% 1.13% = 433 8 seoee LM1% 1.12% 1.11% 1.12% Deram 137% 1.45% 135% 1.42% 136% 1.44% .... i i ® i 118% 123% .... Bey? 117%... i i Z [> : 108% 1.09% 1.08% .... aad Se BEE sasaee RRR i) s z 5 i f 3, = + 195% 2.00% 194% .... —— | ivestock | o good to choice . strictly choice 5.80; culls down to 1.50. ‘i Sheep—0,000; run includes 22¢ loads western range lambs, four doubles Dakotas, one double Dakota ewes, and about 1,000 trucked in native lambs; no early action on lambs; indications about steady; or around 6.25 for na. tive lambs; sellers generally asking higher up to 6.50; early sales slaugh- ter ewes 1.50-2.75; few 3.00. CHICAGO Chicago, Aug. 16—(7)-U. 8. Dep. Agr.)—Hogs, 12,000 including 6,000 di- rect; fairly active; mostly to shippers, small killers and yard traders; weights (lose | above 200 Ib. mostly 30 to 40 higher; lighter weights 20 to 30 higher; pack- ing sows 15 to 25 higher: practical top! 6.50; bulk desirable packing sows 5.25- 50; light light, good and choice. 140- , | 160 Ibs., 5.15-85; light weight, 160-200 Ibs., 5.65-6.30; medium weight, 200- 250 Ibs., 6.20-50; heavy weight, 280- 350 Ibs., 6.15-50; packing sows, medium and good, 275-550 Ibs., 4.35-5.00; pigs, good and choice, 100-130 Ibs. 3.90- %6 | 5.28. Cattle, 4,000 commercial; 3,000 gov- ernment; calves, 2,000 commercial; 2,000 government; a few load me- diumweight and weighty steers strong to 25 higher, but slow market on a¥ yearlings; trade ruling about steady. with recent declines; no life to market on common and medium grade light cattle, either steers or heigers; hit and miss cleanup market on cows; gener- ally steady to strong; bulls 10 to 15 higher; vealers 50 higher; best weighty steers 9.25; long yearlings 8.60; bulk of crop .25 down to 6.00 with Grassy kinds 5.00 down to 3.00. Slaughter cattle and vealers: Steers, good and choice, 550-900 Ibs., 5.50-8.00; 9-1100 Ibs., 5.75-9.00; 1100- 1200 Ibs., 6.00-9.50; 1300-1500 Ibs., 6.75- Close |250; common and medium. 550-1300 Ths., 2.25-6.75; heifers, good and 4 |Choice, 550-750 Ibs., 4.50-7.00; commces. and medium, 2.25-4.50; cows, good, 2.75-4.25; common and medium, 2.00- 5; low cutter and cutter, 1.25-2.00; . bulls (yearlings excluded), good (beef), 2.75-3.50; cutter. common and 4 |Medium, 2.00-3.25; vealers, good and choice, 5.75-7.00; medium, 3.50-5.75; cull and common, 2.50-3.50; stocker and feeder cattle: Steers, good and choice, 500-1050 Ibs. 4.1'5-5.28; com- mon and medium, 2.50-4.00. Sheep, 4,00; fat lambs slow; bids and few sales steady; early top 7.10; % | bulk good to choice natives bid 6.75; range lambs and yearlings absent; sheep steady; native ewes 2.00-75. Slaughter sheep and lembs: Lambs, 90 Ibs down, good and choice, 6.00- 7.10; common and medium, 4.25.6.00; ewes, 90-150 Ibs., good and choice, ; all weights, common and medium, 1.50-2.50; feeding lambs 50- 75 Ibs., good and choice, 5.50-6.00. SIOUX CITY Sioux City, Ia., Aug. 16—(P}—(U. 8. D. A.)—Cattle 7,000, including 5,000 governments; slow, better grade beef steers and yearlings scarce, fully steady; others barely steady; most fat she stock little changed; stockers and feeders largely steady; bulk beef steers and yearlings 5.00-7.00; very little above 7.50; load lots choice light heif- ers up to 6.00; most beef cows 2.00- 1.25-75; several lots common and med- jum stockers 2.25-3.50; desirable 950 Ib. weights held above 4.25. Hogs 4,000; slow, mostly 25-35 high- er, mainly to shippers; top 6.00; early sales better grade 180-280 Ib. weights 5.65-90; 170-180 Ib. lights 5.00-65; 150 Ib. weights down to 4.50; sows 5.00-25; feeder pigs up to 3.25. Sheep 3,500, including 2,000 direct; nothing done early; indications around steady although early under- tone weak to lower; holding best na- tive lambs above 6.50; feeding lambs scarce. Speed of Airmail Is Noted by Sather In an effort to promote use of the airmail by Bismarck residents, Post- master Walter Sather has worked out @ table showing the time that letters mailed here in time to catch the Planes arrive at various destinations. ‘With the remarkable service now given by the airmail and the new low rates, Bismarck people should take more interest in the airmail since the lines may be abandoned unless pa- tronage comes up to the required minimum, he observed. The rate is six cents per ounce or fraction thereof as compared with the old rate of eight cents for the first ounce and 13 cents for each additional ounce or Sraction thereof. The east-bound airmail closes here west-bound mail at 10:45 a. m. In each instance the planes leave 36 minutes later. If placed aboard these planes, let- ters are delivered the same day they are mailed, if addressed to cities on the airmail dines in North Dakota; Milwaukee, Minneapolis-St. Paul; Billings and, Butte, Mont.; Cheyenne, Wyo.; Ogden and Salt Lake City, y .|Utah; Pocatello, Idaho; Portland, Ore.; Seattle, Spokane, Tacoma and ‘Wenatchee, Wash.; Aberdeen, Huron and Sioux Falls, 8. D.; Sioux City, *{Ia., and Omaha, Neb. A letter mailed here late in the af- {|ternoon reaches Chicago at 12:30 a. .{m., the next day and will reach any CLASSIFIED AD “You don't have to sell me on the idea of Bismarck Tribune want-ads. I have been sold on them for a long, long time. ’Member when we lost Sandy —how quick that Tribune want-ad brought him back? “And then we never would have found this lovely home if it hadn’t been for a want-ad, or even some of the valuable pieces of furniture which we picked up dirt cheap. “Why, it even took a want-ad to sell that filling station for you three years ago. “No, I never let a day go by but what I read the Tribune want- ads!” Are Low column inch per single insertion. 1 insertion, 15 words 45c 2 consecutive insertions, not over 15 Tribune Want Ad Rates Cuts and border used on want ads come under clasified display rates of 75 cents per 1 insertion, 25 words . 2 consecutive insertions, not over 25 words 85 3 consecutive insertions, not over 25 words 1.00 6 consecutive insertions, not over 25 words 1.45 All ads of over 25 words add 3c per word to above rates No clairveyant, fortune teller, matrimonial, or doubtful adveftising accepted. We reserve the right to edit or reject any copy submitted. ALL WANT ADS ARE CASH IN ADVANCE A Representative Will Call If You Desire IS 60 2B TY WILL TRADE equity in 1034 V8 sss eee the agricultural adjustment act, the group Wednesday utged that the sec- retary of agriculture be given con- trol over speculation, over direct live- stock buying, and further control over But the government's development |FOR SALE—Selmer Eb Alto Sax with of new farm lands while its crop re- group 2 “If we are to reduce our production to supply the home market, the fed- eral government must go no further yy oe than to rl farmers their families who are now living in irrigation districts.” Car Yields Clue to Identity of Bandits] {3} Buck Sedan French bull dog, black with gray around head and feét. Clarence|WE WILL renovate, clean and build your old mattress into a new) art cover for only $3.95 or we can rebuild it into a modern spring. 309-8th St. Hanson, 217 So. 3nd 8t., City. Wanted to Trade coupe for Model A. Call at 617 Front Street. Bus‘ness Opportunity culars write Tribune Ad. No. 7516. SHAMPOO snd finger wave, Paim- Olive soap, Vernon lotion soft water, 50c. Harrington’: ___Male Help Wanted MEN WANTED to represent North Dakota Corporation selling Life ir barber shop.| Protection. Agents make big money. -| Write Midwest Benefit Society, Box! 7 The only shop in town. For parti-| 254, Fargo, N. Dak. FOR SALE—Well equipped cafe in good town, doing good business. Female Help Wanted _ Priced to sell. Write Tribune Ad.| WANTED—Capable woman or girl to 7839. fill position with reliable firm. Part time work. Write Tribune Ad. 7505. | Pr Ta SAL Wanted to Buy WANTED—Chevrolet six truck, must Work Wanted be in good condition and priced|XPERIENCED girl tight. Long wheel base preferred.| work by day or hour. Phone 1414-W. | SS t.aajQ = Also small radio. Spielman Imple- ment Company, Underwood, North Dakota, CO. 207 Broadway, % block West of Postoffice. Phone 820 case. Like new. Call at basement, of 610-6th St. asserted in a resolution: FOR SALE—Saddle horse. Phone 26. —_—_—_—_— Phone 1041-3 for Ashmore and Ellingson For estimates on painting, pe- pering and decorating. Best ma- terials used. Work Guaranteed. Apartments for Rent large clothes closet, apartment can be used as sleeping room. Call st ith Two room light house- keeping apartment. For sale, bed, dresser, sectional book case and rocking chair. Phone 894-M or call. _ at 523 So. Sth St. irni kitchenette apartment. sleeping room. Call at 411-5th St. eae 5 FOR RENT —Large unfurnished ground floor apartment, $25.00. Al- so one room apartment, $15.00. Gas, heat, light and water included. Laundry privileges. 515-2nd 8t. FOR RENT—Modern furnished apart- ment, suitable for two, close in, re- frigerator, laundry privileges. Phone 260, Dr. Enge. FOR RENT—Furnished 2 rooms and kitchenette, ground floor apartment. Rental $28.00, 618-6th. Also 2 rooms gas isbeneh at 721-3rd. Rental rs Rooms for Rent For Sale or Trade Grafton, N. D., Aug. 16—(?)—Dis- of = burned aoe near here may 1933 Plymouth Delux Sedan 1926 Chevrolet Sedan CORWIN-CHURCHILL airmail port in the United States the ignit * |letter arrives in the latter city at 5:30 &. m., the second day after mailing. Aluminum Strike to Get U. S. Attention Pittsburgh, Pa., Aug. 16.—()—Pitts- burgh becomes Thursday the scene of PAUL South St. Paul, Minn., Aug. 16—(?) the government's next step toward He see i I I ai i B 3 i 5 Pt lg FOR SALE—Barber Shop in Bismarck. Terms or will trade for car. Write Tribune Ad. No. 7486, Automobiles for Sale FOR RENT—pleasant room in new modern home. Clean. quiet. Al- ways hot water. Gentlemen pre- ferred. Phone 120-R or call at 503- 4th St. FOR RENT—To a quiet reliable party, 2 cozy rooms with private bath and private entrance. Nice for one or yay To adults only. Call at 602- 3rd St. FOR RENT—Sleeping room. Call at _ shied Se FOR RENT—Nicely furnished aleep- ing room in new modern home, Pri vate entrance. Also garage. Call at 307-10th St. FOR RENT—Desirabie sleeping room and also garage. Call at 608-2nd St. or phone 282-R. . sleeping room. Always hot water. Gentlemen preferred. Call at 116 W Thayer. ___ ROOM AND BOARD BOARD and Room $1.00 per day. also hot and cold baths included. Home cooked meals. Gentlemen pre- ferred. Phone 1474-3 or call at 308 Avenue B. Houses and Flats ment suitable for business with front stairway at 212 Main Ave. Phone 905. FOR RENT—6 room modem house, gas heat, on pavement, good Joca- available

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