The Nonpartisan Leader Newspaper, August 31, 1916, Page 21

The Evil of Gamblin j ¢ in Wheat - Editor Nonpartisan Leader: ; "1 'They do say Jerry Bacon is getting virtuous. Yes, really. He had an editorial in the Grand Forks Herald the other day that was. the height of morality. Yes, the Herald -actually, solemnly warned young men (without sufficient means) aglainst gambling in wheat. More than' that. Jerry, with great show ‘of virtue, de- : _ nounced in strong terms the practice of gambling in' wheat futures , —if you didn’t have enough money to stand possible losses. Yes sir, that editorial waxed indignant over the idea that some people . thought the Herald approved-of gambling in wheat—by poor men. The editor put on a long, solemn face and actually wrote a stinging editorial about wheat gambling (unless you have enough money to be able to get away with it.) He even called up visions of wrecked . homes of men who had 'gambled in wheat—when they couldn’t + affordit. Such.persons were called fools by the Herald. : v Can you beat it? - Is the editor ignorant, or does he think his readers are fools? = Can & man live in a wheat state and edit a paper and not know that the great evil of gambling in futures on the mar- ket is not its effects on poor men, men who can not afford to risk and lose money? God knows that evil is bad enough. - Wrecked homes, lost positions, theft, suicide—that is the wake of a-mant who gambles in wheat when he can’t afford to. But such cases are not the great evil. Ruin for a few poor individuals is bad enough, of course. But what of the robbery of millions of producers and the hold-up of millions of consumers? That gambling is not done by poor men who the Herald says can not afford it andto whom'it gives' its warning. : ; Not a word has the Herald to say in its virtuous editorial about the gambling by millionaires—the real evil. ' They are the ones who . set the example for the poor man who can not afford it, and-their gambling operations are the ones that hammer down the price of wheat when they want it hammered down, to cheat the farmer, and make it soar when they want it to soar, to soak the consumer. X But they can afford to gamble, and so it’s all right, according to the Herald. At -least the Herald aims its virtuous editorial -against gambling by poor men only. ' It overlgoks—puJposely or throtigh ignorance—the real abuse. The Herald says it is all right for the man of means to gamble in wheat because he is running “no - risk of impoverishing himself or wronging his creditors.” It’s all right if he robs the consumers and producers by his manipulations of the wheat price through gambling. . Sure, it’s all right “if he can afford it.” Maybe Jerry takes a ‘“flyer”” himself on the market once in a while. He ought to be able to afford it. He is a rich man. - F. H. WEBER. - MARKETS LIVESTOCK MARKET $9; culls '$6.50 to $7.75; choice heavy _“South St. Paul, ' Minn, August 26. —With about 28,000 cattle on the market “this week the cattle market ruled 50 to 60c lower on everything: but common cows, which have only been 25c¢ lower. Prime fed steers $8.50 to $9.60; good to choice grassy steers $7.50 to $8.50; fair to good $6.50 to $7.50. d Good to choice grassy cows and heifers $6.75: to $6.50; fair to good $5 to $5.75; - common to fair $4.50 to $5; canners and cutters $3.75 te $4.50; shelly old cows $3.50 or less. ¥ ~Butcher bulls $5.50 to $6; bolognas $5 .to $5.50; common and light bulls $4.25 to $4.75 Veal calves top $11.25; seconds around - (Political Advertisement) & COUNTY AUDITOR GEORGE N. SHEPHERD Republican nominee for County Aud- tor ‘of- Griggs County, is a farmer, has : been a Republican all his life, has been \ber of the Nonpartisan League of the county for fifteen years. port 'at November 2 1 oo | @1,61; No. 8, $1.49% @L57%; No. 1 dur- og Advertisers. . — T T GRIGGS _ COUNTY NOMINEE FOR " * bears on calves $8.50 to $9; fair to good $6.50 to $8.50; weaners. $4 to $4.50, Stocker and feeder market 10 to 25¢ lower with quite a little outside demand. - Select heavy fleshy feeders $6.50 te $7; good to choice feeders $6 to $6.50; fair to good $5 to $6.” 2 Yearlings and calves: good to' choice * $5.75 to $6.25; fair to good $5.25 to $5.75; - common to fair $4.50 to $5. Stock and feeding heifers- good to choice $5.50 to $6; fair to good $4.75 to $5.50. Feeding cows $4.75 to $5.25; stock and feeding bulls $5 to $5.50." i Dairy cows held steady on choice kinds, while coigmon and backward kinds slow to move. Good to choice cows $60 to $75; fair to good $45 to $60. Sheep market, steady. Lambs $7 to $10; ewes $4 to $7; wethers $5 to $7.50; breeding ewes $5.50 to $8.25. Hog market steady. Range $9.75 to . $10.40. Bulk $10 to $10.15. “WHEAT MARKET REVIEW Mingled reports of the impending rail- i way strike about to ‘take place, and threshing returns from Canada,| gave the: northwestern stock exchanges Saturday an' opporutnity to . force down the price of wheat, and the drop ranged between two and three cents for . Minneapolis, Duluth and - Chicago. Selling ‘orders poured into the Chicago : market near the close of the day and the closing quotations' for September deliv-" ery were $1.51% as against $1.54% at the opening. S§t. Paul, Minneapolis and’ Chicago all opened strong on cable adyices from Liverpool, but when reports from Alberta that the crop was turning out better than expected, ' reached - them; - coupled with news that the Argentine' crop is going to'be a strong competitor on~the work world markets, the: prices: ' sagged. ! A Cash buying was strong in St. Paul, and Minneapolis, and No. 1 hard wheat in both cities selling readily at $1.65%) and other grades accordingly. = . " Closing quotations were as follows: ‘Wheat—On track, No. 1 hard, $1.65%%; No. 1 northern, $1.60@$1.63%; to arrive,. $1.59% @1.62%; No. 2 northern, $1.56% um $1.52%; to arrive $1,52@1.56; No. 2 durum, $1.49@1.53. = Corn—No. 38 yellow, 86@87c; to arrive 86¢; No. 4, 84¢; No. 5 yellow, 73@85¢; to arrive, 73@85¢c; No, 3, 73@85c; No. 4 73@85¢; No. 5, 73@85¢; No. 6,73@85¢. Oats—No. 3 white, 463%2@47¢c; to ar- rive, 46%¢; No. 4, 456@46¢. Barley—Cash, 73@$1. ) Rye—Cash, $1.20%; to arrive, $1.20 @1.21. : Flax—Cash, $2.16%.@2.19%; to arrive $2.14%@2,17%. - FARMLOANS . Long Term Loans at Low Rates and on Fair Terms in— A COOPERATIVE : FARMERS’ INSTITUTION If You Want to- Do Business ' With a Real Farmers’ Loan Agency, Write— 7 . THE EQUITY RURAL CREDIT ASSOCIATION Herald Building, Fargo, N. D, Harness Shop For Sale fully equipped can be bought at $1000.00 LEET & CO. GARAGE AND ELECTRIC LIGHT. FORBES, NORTH DAKOTA Also dwelling for sale. Use Lgader Want Ads American National Bank VALLEY CITY, N. D. . Capital and Surplus $110,000.00 : The Farmer’s Friend Money to loan at all times te reliable parties ! Farm Loans a Specialty I EQUITABLE AUDIT CO., Inc. 7", 2ume Farmers Elevator Companies’ Home of Auditing and | Systems for Accodnting. Writg for References. = | J. R. Kirk Commission Co. Inc.’ | SALES AGENCY AND AUTHORIZED REPRESENTATIVE 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 i TO THEIR OWN SELLING AGENCY Manning, N. D., Feb. 8, 1918 (Jl'elfi.l Kirk Commission Co., So. St. Paul, Mian. lemen : 2 Drafts reeeived for car of hogs shipped you Jan. 21st. through Dunn County Equity - Shipping Assoeiation. All members that had hogs in the shipment are awfully well pleased with the 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 us, will mean more cooperation among the farmers at this end. Yours_for more rooperative business, A.J.BRETZLAFF, Shipping Manager. .. dargo’s Only Modern Fire Proof Hotel - - POWERS HOTEL “Hot and Cold Running Water and Telephone in Every Room FIRST CLASS CAFETERIA IN CONNECTION. ' - On Broadway, One Block South of Great Northern Depot. \ FARGO, N. DAK. THE PULLING POWER ' ‘ : . == Of =-- ADVERTISEMENTS , ~in the | Vil - Nonpartisan Leader Comes. from the fact that the Leader goes into practig:ally every farm home in North Dakota and many in Soith Dakota, Minnesota and Montana, and ‘is read by more than 125,000 -persons. each week, most of whom are interested in patronizing’ its advertisers, ‘Guaranteed Circulaiipfi. et and Satisfied ‘Readers