The Nonpartisan Leader Newspaper, May 18, 1916, Page 14

1 i f 1 3 SO s C A s S Sl 50c higher. I Biscuit Markets - LIVESTOCK MARKET South St. Paul, Minn., May 15.— With about 2800 cattle on the mar- ket today, the market ruled strong or @& shade higher on all killers. Prime fed steers $8.50 to $9.25; good to choice $8 to $8.50; fair to good $7 to $8; common to fair $6 to $7. Prime fed cows and heifers $7.50 to $8; good to choice $6.75 to $7.50; fair to good $6 to $6.75; common to fair $5 to $5.75; canners and cutters $4 to $5; shelly old cows $3.75 or less. Butcher bulls good to choice $6.50 to $7.25; bolognas $5.75 to $6.25; com- mon light bulls $56 to $5.50. Veal calves held steady, top $9.75; seconds $7.50 to $8; culls $6 to $6.75; weaners $4 to $5.25. - Stockers and feeders held strong to - a shade higher; select heavy fleshy feeders $7.75 to $8.50; good to choice $7:§5 to $7.75; fair to good $6.50 to 7.25. Yearlings and calves good to: choice $7 to $7.50; select, more; fair to good $6.50 to $7. Heifers good to choice $7 to $7.50; fair to good $6.50 to $7. Feeding cows $5.75 to $6.50; fair to $5.50 to $5.75. Stock bulls $5.50 to $5.50. Hogs 5 to 10c higher. Range $9.40 to $9.80. Bulk $9.65 to $9.75. Sheep steady. Lambs mostly 25 t J. R. KIRK COM. CO. GRAIN MARKET LETTER St. Paul, Minn.,, May 15.—Taking the week as a whole wheat prices are about a cent over the previous week’s cg)se. thacks,fl”ethgave had otseveral sharp set y were not sus- tained and any news of a bullish nature caused quick rallies. Conditions surrounding the wheat market at the moment are very mixed. On the one hand we have the known quantity of a large carryover as against the unknown quantity in the form of a rapidly shrinking total new crop. These two conflicting influences. are keeping the market within com- _paratively narrow limits and elimin- -ating trading on'a large scale at the present time. As far as:the question of old supplies is concerned, this could be easily overcome by continuous los- ses in_the spring and winter wheat prospects. That these losses have been severe already is becoming in- ‘creasingly apparent. The shrinkage - - in the area of winter wheat fields is a known factor and it is evident that the remaining states of large produc- tion, namely, Nebraska and Kansas, ‘will require most favorable conditions to offset losses elsewhere. Spring wheat is under: suspicion. Weather conditions have been very far from -favorable, the start is late and weath- er continues unseasonable. There is another factor of a rather tangible sort, namely the constant revival of peace talk. b B The lateness of the seeding is the main feature to lower expectations of a large yield this season. Another difficulty came on the last' few days, due to the heavy winds that blew out ROLF BROS. Tailors of Quality Clothes 7 Bacon Block--- N. 4th St. Grand Forks, N. D. Ask for Little Sioux b Pure, Fresh, Krisp Packed in an “Aertite” Moisture Proof Package MANCHESTER BISCUIT CO. : Fasgo, North Dakota. considerable of the seed in man parts of the northwest, which, wi nece reduce the yield per acre in. fields that are badly blown. On dry ground even where the sprouting has begun the roots being left may hold fast, but the seed being left bare will embarrass growth badly unless covered by rains and moisture in the next few days. Altogether this must reduce, to some extent, a large yield, even with weather favoring growth. ‘Work in the fields was active except- ing on the drier ground where the stirring of the earth caused the blow- ing ‘away of too much of the surface of the land. These conditions have existed in some former years, making . a sharp loss, where the conditions like these of the last few days showed the results. ! : CASH GRAIN QUOTATIONS St. Paul cash prices—Close Monday May .15th: Wheat—No. 1 hard 1.293%; No.-1 northern 1.233% @1.28%; No. 1 nor- thern, to arrive, 1.223% @1.273%; No. 2 northern 1.19% @1.24%;No. 3 nor- thern 1.13%@1.20%; No. 2 H. Mont. 1.173%@1.17%; No. 2 H. Mont., to ar- rive, 1.17%; No. 1 durum 1.183% @ 1:17%. S Corn No. 3 yellow, .77@.78. Oats No. 3, white, .43% @43%. Barley .65@.74%. Ryé .94@.95. Flax 1.97@2.01. I FENEAAY | R it New Equity Branch : Exchange to Open Headquarters in Montana; Capital to be Increased to Half Million ' So successful was last year’s busi- ness for the Equity Co-operative Ex- change throughout Montana, that the board of directors in their meeting at Fargo Monday decided to establish a Montana. headquarters at Great Falls, to take immediate charge of that state. It was estimated upon favor- able reports from there that 3,000,000 or more bushels of grain would be marketed through the exchange this ear, doubling or trebling the amount andled last year. Another favorable feature of the information from Montana, was that brought by L. L. Stair, a stock sales- man and organizer for the Equity who has spent nearly all of the past winter in that state, and who said that sup- port for the farmers’ co-operative movement is growing rapidly through- out that entire region. There are now upward. of 50 farmers’ elevators that ship their grain to the Equity ex- change, and before the fall movement begins not less than 75 will be in oper- ation in Montana. : . The board spent much time discus- sing the financing of the grain move- ment this season and decided that it will need more than $1,000,000 with —————— e e e = A, — A = [ vy ————. 'f!ffli | | T } [ li | Il lil i >4 o~ = =, il | i [ | | . More FA Wl 1 | Fargo 1916. - I 1 # o iERp —————— : The size and foorfiy luxury of the Pullman sets a new standard. for cars at anything like its price. Stand the Pullman at the curb beside any car and it retains its own air of snap and distinction.” 31x4 tires, cantilever ing and lighting “system, separate high honey comb:radiator, one-man top, full-floating rear axle. . Arrange a Demonstration Now - Prompt Deliveries Immediate delivery from The Pullman Motor Car Co. "y iy F. O.B.Factory Itis heavy enough to hold. the road at any spéed . —light enough to save tires and.go- Two, Three andFive Passenger Models Specifieations:-. 114-inch - wheel-base, 35-H. P., weight 2150 lbs.' 4-cylinder high speed motor, guaranteed non-skid - “rear springs, independent electric start- ] tension magneto, Brothers, bistributors RGO, "'NORTH DAKOTA sota. Agents wanted. YORK, PENNA. Territory: State of North about May 20th, Dakota and western Minne- * which to do this. It was brought out in the discussion that the banks of North Dakota are this year she 7 a much more fayorable attitude to- the Equity than they did last - year and that there will be no trouble in finding institutions scattered throughout the territory from which its grain is drawn, in which the farm- ers’ notes can be discounted. A large part of this financing arrangement will be made in Montana, as Montana banks, it was learned, will be glad to handle this paper. The bulk of it, however, will be handled through northwestern or eastern banks. With North Dakota thoroughly or- ganized, and loyalty to the Equity ex- change intreasing, the board ‘has turned most of its salesmen into Min- neseta where satisfactory progress is reported. Long = before the summer is past Minnesota will be widely and firmly organized for the handling of its wheat crop through the St. Paul market, it was said. In order to facilitate its expanding ‘business in Minnesota and Montana, the directors voted an increase in the capital stock from $100,000 to $500,000.