The Bismarck Tribune Newspaper, March 11, 1935, Page 7

Tribune’s Grain, Livestock and Market Report for Mon., March 11 WE OPEN BREAK ca ooo Gaotations RAN PRICES DROP I COTTON MARKET a re TEAS Lo : HALTS QUE RALY EF: er RES) ARTORCOTTONPALL = Am. Metal . Rye— {Am Fond, etd” a A Afternoon Selling Flurry Erases/am. Roll. Mill ..... is Wave of Selling Orders Sweep Am’ Smelt. & Re! 9% Ze Advances of Motors and = [am. Sug. Ret. May Markets; Wheat and Corn Am. Tel. é& Tel. duly ‘Tob. 1%, | Sept. Industrials s) Down Three Cents BBE ? 2 3 ieeus seit ai. RANGE 2 ae ies ae ne 60% 61 63% 58 Chicago, March 11.—(?)—Smashing of season low price records formed the rule in all the grain pits Mon- day. The chief reason was a drastic break of cotton quotations, nearly $10 @ bale. Waves of selling orders swept over the grain markets at times, Plunging wheat and corn down about 3 cents a bushel. Wheat closed nervous, 1%-2 cents under Saturday's finish, May 93% -' corn 1%-2% down, May 79-70%; oats %-1% off and provisions showing 12 cents to 35 cents decline. FUTURES DROP SHARPLY ‘1IN MINNEAPOLIS MARKET ng E b beat a hasty retreat Monday after a precipitant drop in the cotton mar-/Atch. ket had impaired confidence. Early gains were quickly lost and several ‘Aviat issues finished 1 to 3 points lower. The closing tone was heavy. Sales approximated 750,000 shares. Grains followel cotton down, but ba ‘Aviat Had 62% 82% 85% 50% 48% 48% Al% 42 21 18 85% 50% 46% 40% 1% ever, showed little recuperative pow-|Borg Warner er. Bonds were also reactionary, with lower-priced rails declining sharply for a time. The foreign exchange |Caterpii. 7 market gave & more reassuring per- formance, with Sterling recovering eee oe moderately. Utilities acted better than most groups, as an increase in American |ony Gas and Electric’s quarterly dividend | Chi. from 25 to 35 cents broke the long succession of utility dividend cuts. A less favorable slant was taken by gee aie break in the cotton market induced by doubt of the government loan pol- 92% piled the wheat market Monday and fu- Chryster steel news, as the steel institute esti- |City etre ay: ee buying power improved sufficiently to mated a lower rate of production for Solem. ale 6% 16% my . Ni Mopd stop-loss selling and liquida- this year. Non-ferrous metals declined, des- 2% \Com. |Com. pite a further rise in silver prices, P MK less stifled by the cotton news, May possibly reflecting “sound money” |oco: im aa = a wheat closed 1% lower, July 1% lower interpretation of the treasury’s Te-|Con. Oil 39% 30% 38% and September lower. tirement of national bank notes. Cont. Can Coarse grains followed the course _. U. 8. Smeelting, American Can, and|Cont. Motor "t 80% 14, |0f wheat, but stocks were dull and ‘Union Pacific lost about 3 points, and jCont. Oil 62% 63% 61% .62% |Stubborn. May oats closed 1% lower, issues off around 1 to 2 included Al- lied epee epi rad Pelee National Di rs, Dupont 1 Crucible Steel ler, Goodyear, American Sugar, U. 8./Curtiss Bieel, Bethlehem, Santa Fe, Cerro|Decre & Goes . De Pasco, and others. American Tel- - ephone held steadily. OF Produce Markets ! CHICAGO Chicago, March 11.—(#) — Butter, eggs and poultry were steady in tone Monday. Butter, 8,615, steady; creamery spe- cials (93 score), 31%-32; extras (92), 31; extra firsts (90-91), 30%-%; firsts (88-89), 29%4-30; seconds (86-87), 29%; standards (90 centralized car- * Yots), 30: Eggs, 12,669; steady; extra firsts cars 22, local 20%; fresh graded firsts cars 21%, local 20%; current receipts |G 20; storage packed firsts 22%; storage Gt. Nor. . packed extras 23. Poultry, live, 15 trucks, steady; hens} Houd. 5 lbs, and under 20, more than 5 lbs.! Howe Sound leghorn hens 17; rock fryers|/Hudson Motor 23%, colored 22%; rock springs 20, colored 20, leghorn 14%; rock /yo7: broilers 22%-23%; colored 22%, bare- ‘backs 16-18, leghorn 20; roosters 14%; | Int. hen turkeys 21, young toms 19, old|Int. Nick. 16; No. 2, 14; ducks 4% Ibs. upp 20- 21, small 18; geese 15%; capons 6-7) Ji Vbs. 23. 62 and July 1% lower. 0% 62% 69% 5 13.07 13.15 13.17 16.30 16.40 ie May and July flax closed % lower. 12.87 13.02 13.08 16.30 16.40 offerings were light. light and in fair demand. wa ET ° Fi Minnegpoll, Marc tt /e-—Wneei ea recepts Monday 49 compared to 116 el wheat ed eng tions low: wBelive age oo 110% 1.11% .... 100% 1.10% .. 1.07% 1.08% .. 1.09% 1.05% aR fair. Barley tone was slow and weal ‘J type. Li i easSsB SIsoSB FFFE FER KKK KKES oe 2 8 BRRNBERRR REA RRE: Hi a FOREIGN EXCHANGE exchange irregular; demand in dollars, others in cents: Great Britain 4.77; i i treal 10.93%. MONEY RATES New York, Pitter tet ttt RE RRR 2 i Pais mle %-1 per cent. NEW YORK York, March 11.—(%)—Live kens New NEW YORK CURB New York, March 11.—()—Curb: Cities Service, 1. Elec. Bond & avid 4%. United Founders, + CHICAGO STOCKS (By the Associated Press) McGraw EL, 15. MINNEAPOLIS STOCKS me et moe ROR inquoted 20; roosters 14; turkeys 19-26; ducks 15-17, ‘Butter 5,918, steady; higgher than extras 33-33%; (92 — 32%; firsts (89-91) scores lizezd (90) score) 32%. Cheese 89,269; weaker, state whole “milk flats, held 1933 as to quality riiagd 1934 fancy to specials 18%- RERRBBSs. FR RRR os | eee 108% 1.07% 1.05% 1.07% m0; af ryote total 99% 1.06% 99% 1.04% and South Dakota Wheat i moR 4 g close: First Bank Stock 8%, Northwest Banco 4%. + 1.04% 1.07% 1.04% 1.07% speci receipts 23%-25; standards and mercial standards 22%-23; firsts 1%. 3 seconds 21%; mediums 40 Ibs. 21- aa dirties No. 1, 42 Ibs. 20%; aver- age checks 20-20%; storage packed firsts 22-22%. White eggs, resale of marks 27 to 27%; nearby special Eis} “a g 1.03% 1.05% GOVERNMENT BONDS + 103% 1.05% Durum New sone March 11.—(}—Govern- Sass RsausoSeBass SRRF FH FEKSALH FKLFER FF + 1.30% 1.36% 1.2942 1.33% + 120% 135% .... + 1.93% 1.28% .... + 122% 127% .... ++ 118% 1.16% .. eee 113% 1.15% .. Coarte Grain 81% 81% 0% 7 A 5 f i RANGE OF CARLOT SALES BB § A nwsomnos * 92% we eee 88S Fe durum 96. Corn, No. 4 yellow 76%. Live by express: Chickens 19-24; Bae 10-24; ‘fowls 20-21; roosters 14; turkeys 20-28; ducks un- 111. Flax, No. 1, 181% to 1.86. Oats and rye not quoted. FRY 54% ..00. 53% 51% BI% ee 118 103 cy fun aunnern E cae E) to foy.. 1.14 Med to sé: 1. Lower grds, .78 i 7 i ie i Mieeee 08 MOK 63% « L16% 184% 1.76% .... ET a i i é e 5 E kr | i 3 : | 8 F & BRE 222 Fe | « Et i a i e ah o fo asag fle 2 mae eee Fe Bread * ici Se tess.. Ee rtet ay FEBvon: i i Minneapolis, March 11.—(%)—A icy brought on general liquidation in tures declined sharply. May wheat futures here dipped to 1.01% before hnamietetat buying was more or May rye closed 1% lower and July 1% lower. May barley closed 1% off, and July 1% off. ‘There was no noticeable change in the cash wheat situation to start the week with. Demand lacked force but Winter wheat tone was soft except for the better type. Durum offerings were very Corn demand was sluggish and fea- tureless. Oats demand showed no force except where fancy quality was concerned. Rye demand was quiet to Flax demand was slower and bids easier except for the choice northern ee | Miscellaneous | New York, March 11.—(?)—Foreign Great’ Britain Francz 6.66; ; Germany 40.70; Norway Sweden 24.58; Montreal in New York 99.0614; New York in Mon- March = 11.—()—Call money steady; 1 per cent all day. Time loans steady; 60 days-6 mos. Prime commercial Bankers acceptances un- Minneapolis, March 11.—(4)—Stocks DAY, MARCH 11, 1935 Livestock SOUTH ST. PAUL LIVESTOCK South St. Paul, March 11.—(?)— (USDA)—Cattle 4,000; slaughter steers slow, undertone weak early; about 40 cars Canadians, good to) choice medium to weighty steers, held around 1050-1250; medium grades lightweights down towards 8.50; she stock slow steady to weak; load lots fat heifers held above 10.50; medium lightweights around 5.00-/ 8.00; low cutter to cutter cows 3.25- | | 4.50; beef cows up to 6.50 for medium , Grades; bulls steady medium to good heavyweights 4.75-6.00; stockers steady; medium to good steers 6.00- 8.00; vealers 1,200; weak to 50 lower; bulk 6.50-8.00; few choice to 9.00. Hogs 1,700; market mostly steady with Saturday spots weaker than Frie day on light lights; better butchers around 200 Ibs. up 9.50 to 9.60; top 9.60 ay sparingly; desirable 160 to 200 Ibs. 5 to 9.50; better 140 to 150 Ibs. 8.50 is 9A igs very scarce, few good kill- ers around 8.00 or better; desirable feeders 7.15 down; most good sows 8.75 to average cost Saturday 9.30; weight 222 lbs.; for the week 9.39; weight 212 Ibs. Sheep 3,000; nothing done on fat lambs; sellers generally asking fully steady to stronger; or above 8.75 for better grades; packers talking fully 25 lower or well under 8.50. Dairy cows slow, about steady; few +]medium to good springer cows 50.00 to 65.00; strictly good held towards 5.00, CHICAGO Chicago, March 11.—(P)—(U. 8. D. A.)—Hogs 13,000 including 7,000 di- rect; moderately active, 5-10 higher than Friday; weights above 200 Ibs. 9.60-75; top 9.75; 150-200 Ibs. 9.35-70; slaughter pigs 7.50-9.00; packing sows’ 8.90-9.10; light light, good and choice 140-160 Ibs, 8.90-9.55; light weight, 160-200 Ibs. 9.25-70; medium weight 200-250 Ibs. 9. ; heavy weight 250- 350 Ibs. 9.60-75; packing sows, medium and good 275-550 lbs. 8.00-9.15; pigs, good and choice 100-140 lbs. 7.50-9.15. Cattle 12,000; calves 2,500; strictly good and choice fed steers and year- lings about steady; prospects about steady on all grades weighty steers with lower grade light cattle weak; few early sales and most bids such kind 25 lower; trade moderately ac- tive on betger grade steers and year- lings; earfy top 13.90; some held above 14.00; lower grade beef cows and cutter cows weak to 25 lower; better grades and practically all heif- ers steady; bulls steady; vealers steady to 25 lower; slaughter cattle and vealers: Steers, good and choice 550-900 Ibs. 10.25-13.50; 900-1100 Ibs. 10.50-14.00; 1100-1300 Ibs. 11.25-14.10; 1300-1500 Ibs, 11.25-14.10; common and medium 550-1300 Ibs. 6,00-11.25; heifers, good and choice 500-750 Ibs. 9.50-12.00; common and medium 5.50- 9.15; cows, good 7.50-10.00; common and medium 4.75-7.50; low cutter and cutter 3.50-4.75; bulls (yearlings ex- cluded) good (beef) 5.50-7.50; cutter, common and medium 4.25-! veal- ers, 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 lbs. 6.75- 9.00; common and medium 5.50-7.00. Sheep 28,000; fat lambs opening slow, indications around 25 lower; sheep steady; feeding lamb under-| iner' tone weak to 25 off; early bids around 8.50-60 on good to choice lambs now held 8.75 upward; few native ewes 4.00-5.25; slaughter sheep and lambs: Lambs 90 Ibs. down, good and choice 7.85-8.85; common and medium 6.75- 8.00; 90-98 lbs. good and choice 7.65- 8.85; ewes, 90-150 lbs. good and choice 4.00-5.60; all weights, common and medium 3.00-4.60; feeding lambs 50- 75 lbs. good and choice 6.50-7.35, SIOUX CITY Sioux City, Iowa, March 11.—(7)— (USDA)—Cattle 4,500; slaughter steers and yearlings market not es- tablished; scattered early sales easier; many bids 25 lower; largely bidding 25 off for butcher she stock; better grade stockers and feeders moderately peiive, steady; others weak; load good 990 Ib. fed yearlings 10.75; some held considerably higher; large wae salable 10.50 down; few choice heif- ers 10.00 up; holding bidding mostly 6.50 down for beef cows; choice feed- ers up to 8.50; choice stock steer calves held above 8.25. Hogs 3,000; slow, early bids and sales steady to 10 lower than Friday; Home Owners Loans 4s, ‘S1, 101.11. mixed 1.08%; No. 2 hard winter 1.05%; No. 1 dark hard winter 1.00; No, 2 mixed durufh 1.23; No. 2 red Barley, No. 1 malting 1.18; No. 1, BOSTON WOOL Boston, March 11.—(#)}—(U. 8. Dep. Agr.)—The movement of wool dur- ing the last two weeks removed from FF H H i = BES % 14% 155 % t bi weights above 190 Ibs. bid 9.25-40; generally asking 9.50 and above on best butchers; scattered sales 160- 190 Ib. lights 8.75-9.25; 140-160 Ib. light lights 8.25-75; feeder pigs 6.25- 7.50; few up to 8.00. supply includes 100 8.40; other Slaughter classes scarce; feeding lambs opening steady; deck good at 6.50. March 19-20 Set for aa sr you'll find it in the assified ‘News’ within 24 hours publication in the TRIB- Yet the minimum charge for a TRIBUNE want ad FOR GALE—1031 model A Ford coupe, fine shape. 12,500 miles, $250. TRIBUNE RATES ARE LOW Cuts and berder wed on want ads come under classified display ratee of 78 conte per column inch per single insertion. No clatrvoyant, fortune teller, matrimonial, er doubtful ad- copy submitted. bad vr = me Minimum charge for one insertion— 4 cents for 15 words, First insertion (per werd) . 2 consecutive insertions (per word) 3 consecutive insertions (per word) 4 consecutive insertions (per word) 5 consecutive inscrtions (per word) 6 consecutive insertions (per word) ALL WANT ADS ON BASIS OF CASH IN ADVANCE A representative will call if you desire, Telephone 33 and ask for the want ad department. Female Help Wanted WANTED—Girl for general house- work. Call between 2:30 and 5 p. ™. or after 8 p.m. 100 Mandan. write Gladys Myers, €16-7th St. WANTED—Work by the hour or day. Main, Special brush-up courses for Sewing, oes chord stenographers. ‘Experienced like children. ao required, Write Tribune Ad. 234. FOR RENT—Beauty shop. Heat, — and water furnished. Prince en on an ice field 50 miles off shore in the Caspian sea were brought to land Monday by airplane. No trace could be found of 31 others who became separated from the main body of ice. CONTINUED $3,227 Shortage in Valley City School Accounts Revealed Teport of ies state bank examiner's departs IF YOU want to buy, sell or exchange used farm machinery of any kind, mail us at once @ list giving make, description, also the price for each machine. We can then serve you. We can also rebore and completely Tebuild your machinery. Mach! ery Exchange, P. O. Box 218, Bis- marck, N. D. Phone 820. WE PAY on for used shotguns. Capital New & Second Hand store. 103-5th iad Bismarck, N. Dak. WANTED TO BUY—Second hand sewing machine in good condition. ttery ing outfit. Will sell or lease on ac- An examination of of the bank mood count of poor “a Box 213, Un- shows shortages ed $930.70 occurred February 19, 1935. On Feb. 7, 1935, two shortages totaled $530. A shortage of $1,317 on Jan- uary 31, 1935, and two other charges, one for $368.52 in November, 1930, and another for $74.73, July 31, 1924, were also reported by the state examiner's FOR SALE—High class orchestra drum set with orchestra bells. Also Call 605 Avenue B after 5 FOR SALE—McCormick-! 30 three bottom plow tractor. Arthur Smith, Menoken. Phone 5-F-4. FOR SALE—20 tons thistle and corn fodder hay. $8.00 and $15.00 ton: Laurence Madland, McKenzie. Apartments for Rent OR RENT—One room with kitchen- ette furnished for ope housekeep- ing. Heat, lights, gas and telepho! included. Call at Stoi-ath Street. report also contains a state- ment which said “the original work. sheet from which the trial balance on page one in this report is copied was |# handed to C. A. Lee, secretary-treas- urer, the morning of Feb. 19, 1935, by your examiner who asked him to examine and verify it and to check the items which he agrees are cor- “He proceeded to do so and placed his check mark on the work-sheet by his own hand against each item ap- Pearing thereon. “Whereupon he immediately there- after said to your examiners ‘these shortages are correct and I am respon- sible and am the only one who is FOR SALE — Waste Paper Baler cheap. Inquire at the Bismarck FOR SALE—Five acres, $250. 10 $400. Terms. 311 South 8th St. SSS sss "= Rooms for Rent FOR RENT—Large room. Two is closets. Always odes water, FOR RENT—Three room_unfurnish- . Gas, lights and heat furnished. Also garage. 3rd. FOR RENT—Front room and 2 room basement apt. Close in. “Naame ferred. Phone 360-J or 623. ah FOR RENT—Two large room partly surnieed a apartment. Call rear 118 FOR RENT—Warm, plea teases nt room in modern home. Always hot wa- ter. Close in. 501-6th. OR RENT—Furnished or unfurnish- | "OR RENT—Small sleeping room and erences furnished. Write "Tribune 2 hoe eal at 414-12th, Phone Bismarck Man Faces Petty Theft Charge) *ayt=5 to " sdricka Echols, Mott, N. Dak. SFADOL MTR ESOT ar Wee pe ts OF NORTH 1 DAKOTA, County counrt eaves. Before Hon, I. F int fier upon the rer described in agains' in the matier of aot ine a setate ot serv’ to in issue out oak et ee eae i i i the ee wo, three and /1831 four of section thirty, in townsh! i Hi ft