The Bismarck Tribune Newspaper, March 6, 1935, Page 7

, Tribune’s Grain, » MARKET GAINS ON as « oo RALSE INFLATION + RUMOR CANCELLED Stock Advances of 1 to 3 Points Wiped Out by Denial of Intent to Cut Dollar ‘New York, March 6.—(}—The stock ~ Market was given a brief but snappy inflationary whirl Wednesday follow- ing an apparent misinterpretation of ‘financial news ticker reports from ‘White House press conference. Early gains of 1 to 3 or more points were later cancelled or reduced on admin- istrative denials that further dollar outs were contemplated. The close | A' ‘was irregular. Transfers approxi- mated 1,400,000 shares. The wished seemed to be father to the thought with speculative forces which were disposed to read into the President's remarks that commodity Price levels were still not sufficiently high in relation to the nation’s debt burden, an inference that the mon- tary unit again be clipped. When stocks, commodities and sec- ondary bonds started to climb, how- ever, an official spokesman quickly dashed cold water on the baby boom. Grains transformed advances of a cent or so a bushel into similar losses. Cotton slipped back. Lower-priced bonds retreated and U. 8. govern- ments recovered. The British pound swung in wide circles, up around 2 cents at one time and off 4 at an- other. In the afternoon it was down about ® cent. The gold currencies ‘were firm. x Shares of American Can held an advance of 2 points and others, retain- ing fractions to 1, included U. 8. Smelting, McIntyre, Porcupine, Amer- ican Smelting, Cerro de Pasco, Colum- bia Pictures, Case, Loew's, and Celanese. Among rails, off slight- ly to more than a point, were Union Pacific, N. Y. Central, Santa Fe and Pennsylvania. Two to 3 points were yielded by Eastman Kodak, Evans Products and Spiegel-May-Stern. The Evans Products concern declared a 25-cent dividend against a 50-cent Gisbursement in December. Such stocks as U. 8. Steel, Chrysler, General Motors, Johns - Manville, Montgomery Ward, Sears Roebuck, American Telephone, Consolidated Gas and Dome were unchanged to a trifle in arrears. : Produce Markets CHICAGO Chicago, March 6.—(#)—-Butter was weak in tone Wednesday. Eggs were ‘easy and poultry was steady. Butter 6,403; weak; creamery-spec- lals (93 score) 30%-%; extras (92) 29%; extra firsts (90-91) 29-29%; firsts (88-89) 28%4-%; seconds (86-87) Ay standards (90 centralized carlots) 9. b Eges 15,358; easy, extra firsts cars 2214; local 21; fresh graded firsts cars 21%4 local 20%; current receipts 20%; storage packed firsts 22%; storage | Int. packed extras 23%. Poultry, live, 17 trucks, steady; hens 5 lbs, and under 20, more than 5 lbs 18; leghorn hens 17; rock fryers 21%4- ,22,. colored,21%; rock springs 20, col- ‘ored 20, leghorn 14%; rock broilers 21%-23; colored 21%, barebacks 16-| Kroger Gi 48, leghorn 20; roosters 14%; turkeys 14-21; ducks 4% Ibs. up 20-31; small |b ‘IT; geese 15; capons 6-7 lbs. 23. NEW YORK Field New York, March 6.—(?)—Butter,| Math. Aik. 12,128, easier. Creamery, higher than extra, 31%-32%; extra (92 score), ‘1%; firsts (90-01 scores), 20%-%; seentralized (90 score), 30%. ' Cheese, 185,512, quiet. Prices un- changed. (21-21% ; checks, » All ‘white eggs unchanged; brown, west- jer standards, 23-23%; other browns unchanged. CHICAGO POTATOES «. Chicago, March 6.—()}—(USDA): Potatoes, 92, on track 273. Tote! U. 8. shipments 717; old stock, about steady supplies moderate, demand and trad- Storage sta! November Refrigerator ie dards, October. Storage packed firsts, April..... Fresh graded tirsts, 4% 24% 23 33% 21% «21% Us FRPP BEEBE EEE BEIE, 208 ais gPi ae i oy z re : SERRE ig af 20 1 00 S833 wo Exiuu tans i Sad Brsnses FR RR RAE oy aor Pitta BY ee “ eo PS LSSRR ws SSBs-S.s Fra Bartek SREVBBSo-SaVSRSS neh sSlonsosnssoussosoX, Seer Petre fe ee eee ce eereee ee en eae Rite Ms at rit # beet cake pee siete Sou Dr To ae Bes: 8 FeeSyutetusaus i i | Sue8neakSSe RREL i . Hf cee ae ee Hl Eas BISMARCK Livestock and GRAIN PRICES RISE ARTER PRESIDENT'S POLICY STATEMENT Ju Traders Construe White House hi Remark as Indicative of Further Inflation Chicago, March 6.—(#—Grain lowing President Roosevelt's state- ment that he did not think a suffi- ciently high level of commodity prices had been reached to bring about the Telative reduction of the debt burden desired by the administration. The president's remarks at his ‘Washi Press conference attract- ed much attention among grain trad- ers, some of whom construed his statements as indicating further de- on of the dollar might be in , May 81%-%; oats unchanged to lown, cents decline. ‘Wetinesday because of inflation news from Washington. The close, how- ever, was fractionally lower for wheat futures. Liberal profit taking followed the ‘Washington news but later there was |2 % lower, July % lower and September % lower. Coarse grains ‘and all finished down. May and July oats each % lower. May rye closed % lower and July % off. May feed barley finished % lower and July 1 lower wheat offers were very light in sluggish demand with bids for most grades. Winter wheat ‘was firm with offers very light and quiet to fair. Durum was in , ‘was quiet to slow. ~ Tye tone was slow and barely with milling demand limited. Barley offers were very light and oy seen 1 af all da money steady; 1 per cent y. Time loans steady; 60 days-6 mos. %-1 per cent. a “4 Prime Commercial paper %. Bankers acceptances unchanged. NEW YORK CURB New York, March 6.—(?)—Curb: Cities Service, 1. Elec. Bond é& Share, 4%. , ‘United Founders, 5/16. cover the Counter in New York) Inc. Sh. .... seveeee 118 1.29 MINNEAPOLIS STOCKS Minneapolis, Minn., March 6.—(?)— Stocks close: First Bank Stock . 8% Northwest Banco . 4 CHICAGO STOCKS (By the Associated Press) NEW YORK BONDS ap ere BE ge ee g on ae re ry ibioe : i SGSRER i » and provisions showing 10 | Ma: 1 shared in the losses Market Report for Wed., March 6 New York Stocks Closing Prices March 6 Exp... e A e- [Grain Quotations Minneapolis Maren. ba 74 By PEE TED 18M 4s 98% 93% 82% 66% 61% 485% ALS % | prices rallied sharply Wednesday fol- | can, Sane a , March 6.—(>)— ‘Wheat— High Low shy an Sn Corn: ‘ai 80 13.65 16.80 17.02 MINNEAPOLIS CASH GRAIN Minneapolis, March 6.—(?)}—Wheat receipts Wednesday 27 compared to 42 @ year ago, inneapolis casht wheat and coarse grain closing quotations today follow: ‘Wheat— Delivered Arrive # FH RE P S55 E55 S55 E: 1,07% 1.00% 1.07% 1.09% or 1.07% 1.00% 1.07% 1.00% r 1.06% 1.08% 1.06% 1.08% 1.003% 1.0535 1.00% 1.0535 ita and South Dakota Wheat 1.06% 1.08% 1.05% 1.08% 1.04% 1.06%. 1.04% 1.06% Coarse Grain 525 1.19 1.10 1.03 64% BT 64% 1.74% 1.82% 1.7414 BISMARCK GRAIN (Furnished by Russell-Miller Date March 6 Barley— Ch to fancy 1.17 Med to gd.. 1.09 Lower grds. 83 Rye— SOUTH ST. PAUL ‘i i : : gE i 3 i 4 : & a] i i 8 & +4 | [ pgs gat Hl ctor ai ane SFB me bee" e se fagcteee Fp iy e § ii if House Roll Call on Legal Liquor Bill The roll call on senate bill 175, legalizing sale of hard liquor by municipally owned liquor stores, in the house Tuesday night was 58 For the measure: Adams, An- derson of hausen, Biberdorf, 4 Brusseau, Burke, Caddell, Cos- Dullea, Erickson of McKenzie, Erickson of McLean, Fedje, Fitz- son, Godwin, Goodlaxon, Hall, Hewitt, Holthusen, Hurd, Isaak, Kapaun, Keidel, Kubischta, Marks, Morris, McIirath, Niewoehner, No- ben, O'Brien, Page, Peterson of Bottineau, Place, Ritter, Sand, Saumur, Savre, Schantz, Seibel, Shockman, Smith, Stray, Traynor, Treffry, Tuff, Urschell, Wendland, Wolf, Crockett. Against the measure—Anderson of Burke-Divide; Anderson of Sar- gent, Batley of Eddy-Foster, Beggs, Bilden, Bjerke, Borstad, Brunsdale, Burgum, Child, Clarke, Cunning- ham, Dahl of Traill, Dalzell, Ditt- mer, Fjeld, Graham, Halverson, Hanson, Hill, Holey, Holte, Jensen, Johnson, Langford, Larson, Lavik, Levin, Moore, Morgan, McLarty, Mode, Muus, Myers, Norheim, Ode- gard, Oglesby, Olson of Hettinger, Olson of Mountrail, Page, Peter- son of Cass, Randall, Scholl, Shurr, Solberg, Symington, Thom} Thoreson, Twichell, Williams. Absent or not voting—Aljets, Blaisdell, Lohrbauer, Parkinson, Schnell, 9.10; packing sows 8.90-9.05; light light, good and choice 140-160 Ibs. 9.00-65; light weight 160-200 Ibs. 9.40- 85; medium weight 200-250 Ibs. 90; heavy weight 250-350 Ib. 9.’ packing sows, medium and good 27! 550 Ibs. 8.10-9.15; pigs, good and choice 100-140 Ibs. 7.50-9.25. Cattle 9,000; calves, 1,500; fed steers and yearlings very active, unevenly strong to 25 higher, inbetween and lower grades showing most advance; general run selling 50 higher than late last week; supply fairly well cleaned up on early rounds; top 14.10; best yearlings 13.65; heifer yearlings 10.50; largely 9,25-12.75 market; all *|she stock firm to unevenly hi 4 bulls steady; vealers steady to 25 lower; slaughter cattle and vealers: Steers. good and choice 550-900 Ibs, 10,00-13.25; 900-1100 Ibs. 10.00-14.00; 1100-1300 Ibs. 10.75-14.10; 1300-1500 Tbs, 10.75-14. common and medium 550-1300 Ibs. 5.75-10.75; heifers, good and choice 500-750 Ibs. 9.50-11.75; “|common and medium 5.25-9.75; cows, B0od 7.25-9.75; common and medium, 4.75-7.25; low cutter and cutter 3.25- 4.75; bulls (yearlings excluded), good (beef) 5.25-7.00; cutter, common and medium, 4.00-5.50; vealers, good and choice 7.50-9.75; medium 6.00-7.50; “cull and common 4.00-6.00; stocker and feeder cattle: Steers, good and choice 500-1050 Ibs. 6.25-8.50; com- mon and medium 5.25-6.50. Sheep, 12,000; opening slow, under- tone weak to 25 lower on slaughter lambs; sheep and feeding lambs little changed; talking around 8.50-75 on better fed westerns now held at 9.00 and above; few ewes 4.50-5.25; slaugh- ter sheep and lambs: Lambs, 90 Ibs. down, good and choice, 8.00-9.00; mon and medium 6.75- good and choice, 7.75-9. Ibs. good and choice 4.00-5.50; all weights, common and mefum 3.00- 4.65; feeding lambs 50-75 lbs. good and choice 6.75-7.50. SIOUX CITY Stoux City, March 6.—()—(W. 8. Dep. Agr.)—Cattle, 3,500; fat steers and yearlings active, fully steady; other classes little changed; two loads good 1183 pound beeves 11.50; choice Scarce; most short feds 10.00 down; load lots 775 pound heifers 8.85; few “| choice above 10.00; most beef cows 4.50-6.25; low cutters and cutters largely 3.00-4.00; few common and medium stockers 6.50 down. ‘Hogs, 5,000; early sales weights be- * | low 200 pounds and sows, steady; dium and heavy butchers bid 10 low- er; better 200-300 pound butchers bid 9. 90 pound lights sold 9.10- 150-170 pound averages 8.50-9.10; four doubles held over; no early fat lamb bids; undertone weak to lower, . — () — 1 northern 80%; No. 3 No, 3 northern 73. white 42%; No. 3 whit peg, No. northern 77 Oats, No. 2 ‘Prince’ to Testify griff, Dahl of Emmons, Downey, |; gerald, Frosaker, Gessner, Gilbert~ | | RIBUNE, WEDNESDAY, MARCH 6, 1935 _- within 24 hours after publication in the TRIB- UNE, Yet the minimum charge for a TRIBUNE want ad is only TRIBUNE RATES ARE LOW Mini harge for one insertion— Cuts and border used on want ads come under classified 4S cents for 15 words, Gisplay rates of 75 cents per column inch per single insertion. Pree » or First insertion (per word) 3 cents No clairvoyant, —_— eve tae vagen to prey fgets copy submitted. ALL WANT ADS ON BASIS OF CASH IN ADVANCE A representative will call if you desire. Telephone 83 ané ask for the want ad department. Female Help Wanted POSITION open. Married or single woman, showing stunning late style dresses. $15 weekly and your own dresses free. No canvassing. Experience unnecessary. Send size. Fashion Frocks, Dept. 8-8797, Cin-|_ Male Help Wanted MAN WANTED for service $50.00 weekly to start. WANTED—Competent girl for gener- ‘al housework in modern farm home for season. Good wages. Mrs. James 8. Burchill, Luverne, N. D. WANTED—Maid for general house- work. Phone 189. eaeoeleleaSaSaSaQQQQ rT ss Personal MATTRESSES ‘YOUR old mattress renovated and; rebuilt either pt bs or spring-fill- tooms with or without kitchen priv- No allowed. Also WANTED—Qi invalid, middle aged man. Call $17 . Thayer. Phone 1051-W. _—_—_—_—_—_— Miller, 715-12th. Phone 154-W. WANTED—By four college girls, part| FEDERAL LAND Bank Farms fos Instruction time work, office or house. Phone| sale or rent in Burleigh, Kidder, $105-$175 Month. Government Jobs. | 1476, 4:30 to 10:00 p. m. . Sheridan Men-women, 18-50. Qualify for WOMAN WANTS work by day oF cyied ene henna hour. House cleaning, washing, B culars FRI Franklin Insti- Phone 536-W, . a : tute, Dept. 341 W, Rochester, N. Y. Raw Peat ene IMPROVED farm for rent in Welfer —_— experienced housework. or hour. Phone} ‘township. Call or write, Mrs. George Room and Board Sou-Mf and ask for Sime, Bismarc A. Welc! FOR RENT—Nicely furnished room | RELIABLE girl will do housework by with board in modern home. Gen- ania Also boarders wanted. 614- th. E___ Household Goods for Sale FOR SALE—Hot Point electric range, good as new. Priced reasonably. Inquire at Melville's Electric Shop. chine in good working condition. Phone 528-J. KIWANIS TROOP WINS ATTENDANCE BANNER Torolf Johansen Receives Scoutmasters’ Key at Local Court of Honor potatoes, Delivered, 80¢ per bushel, Matt Andahl. Phone 10-F-5. FOR SALE—Extra good Early Onic and Irish » 80c Kiwanis troop 2 won the attendance banner at the third winter Boy Scout ‘Court of Honor attended by approx- ceremony In Mrs. Gould’s Suit Bae H ee ag ? i fi dfs 2 Erg ils I Hl i iH it g il Z - i 5 j i E i i I r i i i