The Nonpartisan Leader Newspaper, May 25, 1916, Page 21

Al -, PO Markets . LIVE STOCK MARKET South St. Paul, May 22—With about B500 cattle on. the market- today the market ruled steady with iast week’s high time, making it the - highest market for the year. ‘Prime fed steers $8.75 to $9.50; good ' fo choice $8.25 to $8.75; fair to good $7.25 to $8.25, . _Prime fed cows and-heifers $7.75 to $8.75; good to choice $7 to $7.75; fair to good $6.25 to $7; common to fair $5.50 to $6; canners and cutters $4 to $56; shelly old cows $3.75 or less. Butcher bulls $6.50 to $7.50; bolognas $6 to $6.40; common light bulls $5.25 to $5.75. . : Veal calves steady, $10.50 top; seconds around $8.50; culls arournd $7; weaners $4.25 to $5.50. Stocker and feeder market held steady; select heavy fleshy feeders $7.75 to $8.50; good to choice $7.25 to $7.65; fair to good $6.50 to $7.25. Yearlings and calves choice to select $7.50 to $8; good to choice $7 to $7.50; fair to good $6 to $7. - Heifers good to choice $7 to $7.50; fair fo good $6.50 to $7. - * * Feeding cows good to choice, light ° heifer cows, $6.25 to $6.75; fair to good $5.50 to $6.25. Sy Stock bulls $5.25 to $6.50. Hog market today ruled 10c lower. Range $9.50 to $9.80. Bulk $9.60 to $9.70. Pigs $8.60. ° 5 Sheep market about steady.” Shorn lambs good to choice $8.50 to L] o 3 " $9.75. Shom lawibs Fai¥ $6 good $5.50 to * $8.50. 'Shorn ewes fair to gobd '$5.50" to $8. Shorn yearling wethers fair to good $5 to $8.76. “Shorn bucks fair to good $4 to $6.50. . Wooled sheep $1 to $L.50 higher than shorn ‘ones. J. R. KIRK COM. CO. ST. PAUL GRAIN MARKET (By Courtesy Equity Exchange) St. Paul, May 23.—The wheat market the past week has developed into a very weak affair. The failure of the market * to advartce‘under the most bullish crop reports yet received was so discouraging to the professional bull party that most of {them sold out and in so doing made Jjust enough decline to start a good deal of liquidation from all sources. Accumulated talk of peace and indif- ference on the part of Europe to any wheat other than Canadian and continu- ed increases in receipts and stocks of wheat at all winter wheat markets have finally demonstrated the fact that there is a good deal of old wheat to be digested before speculative interest in .new crop shortages can be revived and the market is therefore showing its tendency toward that level at which the surplus of old wheat cannot be moved freely into com- mercial channels. Sentiment is now as unanimously bear- ish as it was_bullish last week and new crop- influences having lost their force have given way to the news concerning cash wheat which is, at best discouraging. Crop conditions on the whole, have ° been somewhat improved by the weather of the last few days. In the squthwest the threatened drouth has been done: away with, eliminating”a market factor that was beginning to cause some con- ~How: Interests Are Often Willing to »~ . Spend Money to Sway Press Comment HINKMING 'i’nfls)n all around the I world are beginning to see . ;% ‘clearly the tremendous public - dangers that lie in the kept press. ‘Not long ago the Prime Minister of ‘New'South Wales; In far away Aus- tralia, having occasion to deliver a mblic address. on a Subject of national portance, began with these words: , “Ladies and gentlemen—One of the primary purposes of culture is to im- " plant in the breast a wholesome dis- trust of what we read in the news- - papers.” _ He was, of course, perfectly right. " In dAus'craln;x and ellf;e tl;i ItJnited States and everywhere at newspapers -are published the fact is becoming - ‘notorious. *What was once the great- est instrument of civilization and,pro- gress is now often twisted ‘and be- eviled until it becomes the biggest ‘fool of the powers of evil. ' The Prime Minister didn’t explain how this comes about. Very likely he didn’t know. You.can find fifty men that understand the fact to every one that can tell the how of it. In fact, there are not many persons outside of the newspaper business itself that thoroughly understand the trick of newspaper control, although - the - results of that trick are the biggest uerice in national life, - - Sometimes, of course, the thing s 50 palpable that even the outsider can get a glimpse of the machinery. For instance, there is a bill pending in congress to abolish the huge graft that the armor plate manufacturers now get ‘out of the government by having the government make its own " armor plate. ; This bill has been introduced at every session for several years and always conveniently strangled in com- mittee, but this year, to the surprise of 'the armament makers, the bill wasn’t strangled but favorably re- ported ‘and put on passage. ; . Instantly, the armor. plate makers blossomed out~zié:h htlilfle advertise- ments in every influen newspaper. ‘What on eaxl'lthfl'fo:? Did it have anything to sel at any newspaper -Teader would buy, like hams or pins or socks? ; : ¢ Not.on your life. So far as the blic. . was concerned these “adver- ments were merely a waste of money. But about one-third of the newspapers that printed them : at once to attack the armor plate bill —editorially, and what was more to the purpose, in the news: columns, They said it was a _dishonest measure and got.up doctored statistics to show that it was not practicable; and they i i the motives of the men and; backedlfltxie bill, said it was ‘a ‘revolutionary - ‘extremely dangerous to s " fact noted by the Prime Ministe the welfare of the country. - And they said some of the men backing it were wild eyed visionaries and some were merely: self-seekers. -- * - This, of course, was-what the arnidr ‘plate crowd ‘relished. * It didn’t want to introduce its armor plate in every American ‘household like a new kind: of breakfast food. All it wanted was to line up a lot of mercenaries yelling against: that bill. Now the armor plate crowd is a branch: of “the steel trust, which is owned by a powerful group of capital- ists in New York that own or control about one-fifth of the wealth and industries of the United States. 2 3 [] A POWERFUL GROUP This group is heavily interested in great railrqad lines, dominates the Chicago board of trade, and the Chi- . cago packing house industry, owns, controly or . influences thousands of banks across the country, is necessar- ily interested in the elevator and com- mission business and for years has subtly influenced the politics of many western states. - - The security of'its vast investments ° demand -that it. shall have political- power- that it may protect itself against adverse-legislation. ; ft’l;lal\e intere:;:.lgg fi§ owns or. controls 0 own -ou many newspapers. Where they don’t own them they con- trol them through I at the banks and through business™ connections. Where they .den’t own thém or con- trol them year in and year out, the interests get what they want through the easy means of such advertise- ments as the armor plate crowd has So that is the reason for the gstrangg r of - Australia, that thinking men every- - where are beginning to distrust their newspapers. They distrust tfiefn because a great . many newspapers no longer represent anything but- the plans and schemes of the financial groups. : Now take.an organization like the Nonpartisan League that threatens to put an end to the political control of - these interests, -and to beat their fi from the threat of the state, and you can be dead sure the part of the press.that is lined up secretly with those interests will attack it and lie about it and get up fake stories about it and the men in it and invent news to discredit. it. : Because . the threatened interests have them cinched through their ad- vertising and business connections. The pens that write these lying at- tatks are held in the newspaper offices of North Dakota, but the hands that move. the pens are away back in Minneapolis and New York, X Every time—JOHN DENNIS JR, ° S IR SRS S P AN 6555 “cern. In the northwest, tha added mofs« ture did not permit further field work but the seeding of wheat in 4 general way is practically over and the rains were favor- able for the seeded area. Acreage reduction is, undoubtedly, greater in the spring wheat belt because of the terrific wind storms as the re- seeded land is more apt to go into coarse grains than into wheat at this date. What is of more importance just now is the fact that soil-conditions are quite favorable- for the early response-of ‘the crop and should warm, somewhat forcing, June follow the area to. wheat would Jook very promising. Much is dependent this season in the nortliwest.on the main- tenance of near-perfect growing. -con- ditions for a: crop ‘not sown -to .the best advantage for maximum results and it actually begins to look as if the ‘start on the drea seeded would be encouraging. Coarse grains have sympathized with wheat and ‘worked lower ‘under.the same influences. Trade has heen muich lighter, However we do not éxpect corn and oats to show much independence. but rather that they will be governed by the gen- eral’tendency ‘ of “wheat. 17 The wheat market here Monday ‘was EQUITABLE AUDIT CO.,Inc. 72%x,2%2me . a very sloppy afi‘fir, éfiowm‘g a decling of 2%¢ from the previous close without encountering any support worth mentions Statistical news has taken on a bearish tone. Primary receipts were large and country marketing in the southwest hava increased considerably. Seaboard -advices claim no inquiry exe cept for Manitobas in a small waye Offerings in the local cash market wera fairly liberal. There was a fair demand for good milling wheat and all offerings found ready buyers. y MONDAY’S QUOTATIONS Closing cash prices St. Paul, May 22 1916: . Wheat No. 1 hard 1.19% @1.20%; No« 1 northern 1.13% @1.18%, ; No. 1 northern to arrive, 1.13% @1.18%; No. 2 northern 110% @1.14%; No. 3 northern 1.04% @ 1.10%; No. 2 hard -Mont. 1.08% @1.09% No. 2 hard Mont., to arrive, 1.08%; Nay 1 durum 1.05%@1.12%4. : Corn—No. 8 yellow .7T6@76%. £ Oats—No. 3 white .38% @.39% Barley .63@74. Rye .92%:@.94. Flax 1.84@1.88. Farmers Elevator Companies’ Home of Auditing and Systems for Accounting. Write for References. M Gentlemen: with the Yours for more cooperative business, J. R. Kirk Commission Co. Inc. SOUTH ST. PAUL, MINN. - ! SALES AGENCY AN]? AUTHORXZ.ED REPRESENT._ATIVE OF THE . American Society of Equity \ CONSIGN YOUR LIVE STOCK TO US AND GET A SQUARE DEAL ANOTHER ASSOCIATION SEES BENEFIT IN. SHIPPING LIVE STOCK TO THEIR OWN SELLING AGENCY J. R. Kirk Commission Co., So. St. Paul, Mian. ; Drafts - received . for car of hogs shipped you Jan. 21st. through Dunn County Equity Shipping Association. All members that had hogs in the shipment are awfully well pleased- good - returns’ -and - the way you have handled the goods. Will have several more cars to start from Dunn Center next week. With such good returns as you secured us, will mean more cooperation among the farmers at this end. - Manning, N. D., Feb. 8, 1016 AJ.BRETZLAFF, Shipping Manager. Your Terminal Elevator \ - Now Being Built % When the abové ele{rator is com_plebed the Equity Co-operative Exchange will be in position to STORE GRAIN, CLIP OATS, . CLEAN GRAIN, SEPARATE GRAIN - ', LOAN MONEY ON STORED GRAIN Plan yofir trip east this winter, so that ydu will be in St; Paul December 5, 6, 7, and help dedicate the new elevator. TR o Sl For shipping instructions or other informa- A # tion, address Equity Co-operative Exchange ST. PAUL, MINNESOTA S RENS .