The Bismarck Tribune Newspaper, April 24, 1935, Page 9

Tribune’s Grain, Livestock and Market Report for Wed., April 24 METAL SHARES LEAD || Grain Quotations || New York Stocks BANKRUPTCY THREAT IN ACTIVE TRADING ON NEW YORK New Advance in Silver Price Gives Mining Stocks Ad- vantage at Start ‘New York, April tect rt shares proved a strong magnet drew other divisions of the stock market higher Wednesday in active trading. Some profit-taking in the final hour unsettled rails and key indus- trials but metals and aircraft shares continued in favor and held a portion oftheir early gains. The closing tone ‘was slightly irregular. Sales aggregat- ed_1,270,000 shares. Reflecting a further advance of 1% cents in the price of foreign bar silver to 71% cents an ounce, mining shares assumed top ranking position at the start and after a lit- tle coaxing brought rails and indus- trials into line.- Utilities rested dur- ing the forenoon but came to life around May July S Feed My Sept. . July "E.: May May July Sept. midday under leadership of|* Consolidated Gas and Aircraft stocks perked up about the same time. Commodity markets lent little a Grain corporation and the nervous- ness of traders was reflected by sub- stantial losses in both wheat and corn in such outside exchanges as Minn apolis and Winnipeg. The bond mar- ket displayed firmness and another sharp rise in silver currencies f tured exchange trading. ginal | Produce Markets i Mi inctcctonatctitisrcsc ree = CHICAGO c , April 24.—(P)—Butter easy Chicago, April Buiter easy specials (93 score) 31% to 32; extras (92) 31%; extra firsts (90-91) 30% to 30%; firsts (88-89) 20% to 30; sec- onds (86-87) 29; standards (90 cen- tralized carlots) 30%. Eggs, 18,039; firm, extra first cars 24, local 23%; tresh graded firsts cars 23%, local 23; current receitps 22 storage packed firsts 25%; extras 25. Poultry, live, steady; no cars in, 1 due, 19 trucks in; hens 5 Ii urider 19, more than 5 Ibs, 18;, leg- horns 17; rock fryers 25, colored rock broilers 24, colored 23, leghorn 2 Tbs. and up 20'¢, young white 4% up 2214, old, small 19, small young 20; Geese 14; capons 6-7 Ibs. 26. NEW YORK New York, April 24—()—Butter, 14,105; steady. Creamery firsts (69 91 scores), 31-32%; other grades un- chi . Cheese, 279,385; dull, prices un- changed. Eges, 35,918, firm; mixed colors: firsts, 24%-%; dirties No. 1, 42 Ibs. All fresh and frozen quotations un- changed. BUTTER, EGG FUTURES Chicago, April 24.—()— Butter Btorage firsts, Al Storage firsts, York 99.50; New ¥ 100.50. New York, April 24.—(7)—Call money steady; % per cent all day. loans mos. %-% a nee cy By rr mos mus gis an Hu Hon i Haueos goapeaagananensananannss ap ar mug muanus cs a? 93: 85: : EY al a ud 2 2bEo Era veer, cited Bee bee Gee See Recs ES i z : e 2 BBSBBBSEBEBBEE 3 : bre? 3 m4 8 Fe Bee S58 as & Pr FF was Bs 8B * BAS See ens 3 S55 1.2942 1.23% 1.2616 120% s.see 1242 1.23'2 1.1342 11242 + 60% 62% 60% «113 182 1.73 19; No. \ 1.18; No. 3 dark northern 1.13 to No. 1 northern ewe 1,18 to 1.21; cdsirtd] mill l if +z eI H ik i enone = oo = eo tren: ces CaoReVSswol aS sBSVssg' etetott-t SaResHwssSraBlSrancl Bie: - tet jon BSVVouis- SB ss CAUSES DIRECTORS =, /T0 CLOSE EXCHANGE 3% ie \Trading Suspended Pending Clarification of Big Grain Firm's Status complicated situation arising from the Rosenbaum grain corporation's reorg- 23% |anization action under federal bank- Tuptcy laws, activity in the world’s largest grain market here was at a standstill Wednesday. . ‘The market was closed by action of the board of directors until Thurs- 4|day morning at which time it war | Understood trading will be resumed. Opening of trading was postponed by directors just before the starting , {gong was to have sounded over the 4 | Pits. It was the second time in the last two months trading in the ex- change has been suspended by di- % | rectors, the first occasion having been {provoked by the reading of the 4] United States supreme court's gold clause case decisions during market hours. Seek Light on Subject Postponement was ordered “until a &|time to be designated by the direct- 7s|ors pending clarification of legal 5 problems” arising from the action of , {the Rosenbaum corporation, one of the largest grain houses in the country. Federal Judge W. H. Holly, before whom the grain company sought re- organization in a petition Tuesday, , {refused to modify an injunction re- straining the board of trade from suspending the Rosenbaum corpora- tion from membership privileges. Halting of trading apparently was in the nature of emergency action, taken by directors of the board to Protect the market from any oper- ations that might arise in the situa- fon. Wheat prices broke three cents just before the close Tuesday. The filing of the reorganization petition bee not become known until after the close. solved, attorneys for the board met with attorneys of the Rosenbaum corporation in Judge Holly’s cham- bers. It was mutually agreed that 6 |all trades of the grain firm would be clesed out as of Wednesday and no further trading will be done by the 5, {firm until the reorganization is fi- nally affected. ts aes MINNEAPOLIS FUTURES MAKE GOOD RECOVERY Minneapolis, April 24—(?)—After preliminary excitement due to closing of the Chicago Board of Trade the , {Wheat futures market turned calm and recovered most of the initial loss. Trade was desultory most of the 4} time and lacked outstanding features. Routine news was bearish enough to |1 4|depress prices so there was no real effect traceable to the Chicago news. May wheat closed % lower, July 1% lower, September %s-1c lower. ~| _ Undertone of the cash wheat market 7° |was steady al there was a fair 4 {demand for the very limited offer- ajings. Winter wheat was nominally unchanged. Durum tone was weaker with no competitive spirit shown in 38. | bidding. Corn demand was sluggish and featureless with some lower grade ,| quality moving in from the country. Oats tone was quiet to dull. Rye de- SOUTH ST. PAUL LIVESTOCK South St. Paul, April 24.—(P)— SURBA) eine ow srueriane strong on grade steers; on lightweight yearlings; several loads fed held above 12.50; Ses Exes ail oh; f rf i ; as i HG 58 53 ss ee i s BAR PERRET RR 3 5 8 Hl z i i.) paLEEEE E EpEPETEA GF] ail peepee stil F s 33 s iy F FFREER KF FF KF REFRRESKSE FKES RE THE BISMARCK TRIBUNE, WEDNESDAY, APRIL 24, 1935 Tribune Rates Are LOW Minimum charge fer one insertion @® cents for 15 words, 8 consecutive insertions (per word). 3 consecutive insertions (per word). 4 consecutive insertions (per werd). 5 consecutive insertions (per word). 6 consecutive insertions (per word) .. This table of rates effective only in the state of North Dakota, Cuts and border used on want ads come under classified display rates of 75 cents per column inch per single insertion, No clairvoyant, fortune teller, matri- monial, or doubtful advertising accepted. ‘We reserve the right to edit or reject any copy submitted, ALL WANT ADS ON BASIS OF CASH IN ADVANCE itive will call if you desire. Use Tribune Want Ads A representa' Telephone 32 and asked for the want ad department, ; 150 to 180 Ib. averages .25 to 8.60; 140 Ib. light lights down to 8.00; sows 7.90 to 8.00; feeder pigs 7.00 to 8.00. Sheep 1,500; including 300 direct; salable supply three loads fed wooled Your Message Will Reach Thousands For as Little as Farm Lands Female Help Wanted FEDERAL LAND Bank Farms for le or vent in Burleigh, Kidder. in, McIntosh, Sheridan and Wells Counties. Write K. Klein. Dist. Representative, G. P. Hotel, Bismarck. lover: | 7OR SALE—Small tiver bottom farm wooled skins above 8.25; late Tues- day fat lambs largely 10 to 15 lower; qualfty considered; best wooled skins offered 8.10; most sales 7.75 to 8.00; best clippers 7.25. CHICAGO Chicago, April 24.—(7)—(U. 8. Dept. Agr.)—Hogs, 11,000, including 5,000 direct; active, fully steady with Tues- day; 200-250 Ib. 9.10-20; top 9.25; 260- 5; Seeking to have the injunction dis- i packing sows, medium and good 275- 550 Ibs. 7.50-8.40; pigs, good and choice 100-140 Ibs. 7.50-8.75. Cattle 9,000; calves 2,000; few loads choice to prime weighty steers un- evenly strong to 25 higher; top 15.85, new high since February 1930; sever- al loads 14.75-15.60; all other steers unevenly steady to 25 lower on slow market; all she stock excepting strict- ly good and choice yearling heifers unevenly weak to 25 off; bulls strong and vealers 25 lower; bulk general run bulls and she stock unsold. Slaughter cattle and vealers: steers, good and choice, 550-900 1! 4. 900-1100 Ibs. 11.00-15. 1300 Ibs. 11.50-15.50; 1300-1500 lbs 11.50-15.85; common and medium 550- 1300 Ibs. 6.75-11.50; heifers, good and choice 500-750 Ibs. 9.75-12.25; common and medium, 6.25-10.00; cows, good 7.75-10.25; common and medium 5.00: 7.78; low cutter and cutter, 3.00-5.00; bulls (yearlings excluded), good (beef) 6.50-7.75; cutter, common and med- 60; vealers. good and choice, 1.25: ; medium 6.50-725; cull and common 4.50-6.50; stocker and feeder cattle: steers, good and choice 500- 1050 Ibs. 6.50-8.75; common and med: jum 5.25-6.75. Sheep 12,000; fat lambs slow; early bids and sales weak to 25 lower; sheep springe: unevenly 1.50-2.50 higher; bids and sales wooled lambs 8.00-25; best held 7.50 or 3 few 5 lambs 14.00; senenee sheep = near Bismarck. Trees. Alfalfa. Kenneth King, Bismarck. FOR SALE—10 acres bottom land. Nearly all under cultivation, 311 South sth Street. QUARTER section Pennington coun- ty, Minn. high land. Black soil, fenced. Part heavy timber on river. Cheap. Long-time payments. School and community hall, 1 mile. Jos. L. Stitt, 901 LaBree Avenue North, Thief River Falls, Minn, REPORT SAYS TRADE IMPROVED IN 1934 Federal Allotment Payments Credited With Good Show- ing in Northwest » April 24.—(%)—Gen- eral improvement in business, agri- cultural and banking conditions oc- curred during 1934 in the ninth fed- eral reserve district, with increases in farm income and bank deposits jamong contributing factors, the Min- meapolis federal reserve bank said Wednesday in its annual report. In most lines of business, the sur- vey said, volume was greater than the year and the largest since 1931. Despite drouth and crop failure, rural conditions improved more than cit.” conditions, with the weather handicap apparently offset by higher farm prices, government payments to farmers and refinancing of farm debt through government . While the farm income increased in 1934 to a level 21 per cent greater tian 1933 and 29 per cent more than 1932, the increase in the income in the district, which includes Minne- ‘sota, North and South Dakota, and parts of Wisconsin, Montana and Michigan, was “entirely the result of its which amounted to medium | $110,000,000,” the report stated. and medium 2.75-4.25. CHICAGQ POTATOES A 2%4—(AP—U. 8. D. Pier eeoy on track 374, total U. 8. shipments 438, ee. sup- jo! 5 sacked Triumphs U. 8. .No. 1 mostly 6.00; U. 8. No. 1, 1% inch minimum 550 to 6.75. Banks Continue Recovery ‘Farm income from cash crops, Products, hogs and wool, to- with AAA payments, totaled '$405,000,000 in 1934, as estimated by ee federal reserve agent,” the report Banks in the district continued their recovery, with deposits increased $184,000,000 to $1,198,000,000, the larg- total since the end of 1931. Loans Bandits Get $75,000 In Ohio Mail Holdup Warren, O., April 24.—(}—Two rob- bers held up a United States mail truck in downtown Warren Wednes- day, forced the driver to take them into the country, and then fled with 44)a mail sack in which there was pos- WANTED — Experienced maid for general housework. Call at 808 2nd .m. 45c WAI —Girl for general house work. Call at 109 Mandan or phone 637-W. $15 weekly and your own dresses FREE for demonstrating new Spring Fashion Frocks. No can- vassing. No investment. Write fully, Give size and color prefer- ence. Fashion Frocks, Dept. W- WAI irl to care household tasks. Call at 605 Sth St. _________—_—_—— H ind Flats FOR SALE—Six room modern bunga- low including 3 bedrooms. Oak floors, painted walls, garage. Three room basement spartment with bath. Very good condition. Well located, near schools. 7 years old. This property has a 15 year Home Owners Loan Corporation loan at 5% interest. Payments on loan, $29.00 per mor.th. T. M. Casey & Son, 518 Broadway. Rooms for Rent RENT—Nicely furnished sleep- ing rooms, $12 and $15. Gentlemen preferred. Call at 610 W. Rosser. —_—_—_—_—_—_——————: Apartments for Rent FOR RENT—Furnished front room. Also partly furnished 2 room base- ment apartment. Phone 360-J after 30. FOR RENT—Three room partly fur- nished apartment. Call at 219 So. 12th after 4:30 p. m. housekeeping rooms. South 10th St. FOR RENT—Ground floor apart- ment. Private entrance. Quiet couple preferred. Adults only. Call at 204 Avenue B East. Main. Work Wanted COMPETENT man cook desires posi- tion. 30 years experience. Phone or write Bluebird Cafe, Washburn, N. Dak. IF IT'S GLASS, Aune’s have it. Store front glass, show cases, glass tops for desks, dressers and tables. RELIABLE girls want work by hour or day. Will furnish references. Phone 383-LR. ersonal HARRINGTON'S prices for real pure steam Supercurline permanents, re- duced. Regular was $3.50, now $2.45. Oil steam was $5.00, now $3.65. Super Oil Steam now only $4.65. Only at Harrington’s. Phone JTOMACH ULCER, GAS PAINS, IN- DIGESTION victims, why suffer? For quick relief get a free sample of Udga, a doctor's prescription, at Service Drug. FLOOR sanding and refinishing. Quality work at a reasonable price. Abrahamson Surfacing Company. 118 5th St., Bismarck. MATTRESSES YOUR old mattress renovated and re- built either regular or spring-filled. 309 8th St. Phone 1962. FOR ‘very tion. 1016 Avenue C. Phone 1066. = Paris — Informed ve eald 1934 1933 l3s80 1930 1930 1930