Newspaper Page Text
ST. LOUIS MARKETS
THE CAPE GJRA.KDSAU .TRIBUNE. CAPE GIRARDEAU, MISSOURI, WEDNESDAY MORNING DI-XF.MBF,R. '23, J SIS
C. E. B.
To you the pleasure we derive
from -the cordial business rela
tions existing between us.
May we wish you and yours A.
Merry Christmas, and A Most
Prosperous New Year.
CONGRESS IN JAM
AS PEACE COMES
(Continued from Paga 1.)
opportunity to slvo their own trou
ble.; before the responsible heads of
U.o Natio-i decide that tin-re are any
tthor U-s!; affecting the human
family. either 'ban telegraph, tele
phonos and raili- ads. The Pres'd'.'nt
before he left, pa:; d this particular
buck to Congre-. Mr. McAdao has
t l.t-n p the r.V'road problem, and
lo deflate;; that He believes "that a
five year lest" will. give the AmerYan
people the right to answer regarding
gov-vnment ccniro or ownership.
Mr. ?urlo.-on argues for government
ownership- of the wire liner,, an,; tells
h w many' Istnia. tor Genera's ad
vocated the sa-me thine: up to 1802.
but he shows how little ard unfair
ho is bv omitting n h's supposedly
socialistic bug, and left it in his office
to ge-t hold of Hurloson when the lat
ter stepped in There was a sort of
a fuod between these two men.
I7svtca dcla-rod that
achieved a surp'us in the operation
of the Ii-tofio Department for a
calendar year. I'urlcson denied it,
an, h-- is now claiming similar sur
plus this year. Ncvorthe'oss there is
good reoii-to be'icvc that the ele
1," lament if fubjected to systems of
accounting such as are imposed by the
Interstate Ccinmeico Commission,
would sho v a steady loss.
The Railroad Administration and
the Postma-ter (Jeneral are certainly
very wobbly with reference to (heir
new responsibilities brought on by the
war. Their whole plea for continued
contrcy f;f the great properties direct
ed by them, is justified by the- cla;m
that they should be expcriinentojj up-
th"j class, most of whom have social
istic tendencies, are better equipped
to lay out a course for these arteries
of the nation, then the men wh" have
he had i boon trained to the job. and whe
have brought the properties a'ong the
pathway from sw:.ldling clothes and
pioneer days to matured strength
In this problem one finds the prin
cipal responsibility wlvch other s-talos-men
and pa'itieians assume toward
the multifarious affairs of the coun
try. Many big problems seem to be
overlooked entirely, and official gov
statesmanship as near.Sghted, since
at present it foes nothing but rails
steam enoines end wires. An
statesmanship has no ears, apparent
ly, f'.r any sound except those cf the
"lio'lo girl" dots v.r.d dashes, and the
St. Louis, "Dec 24 Unfavorable
weather conditions over the belt hav
ing prevented the delivery of corn in
the country and reduced receipts xt
thg primary markets to the smallest
juantity at this time in many years,
with extremely Sight, stocks .available?.
for delivery on contracts, i made for
bullish sentiment on corn futures in
the early trading on the exchange to
day, and prices asvance,i to Vks to
1',1'C, with Hay at $1.30 and Jan
uary at $1.43.
The fact that cash corn in most of
the western market? was sold at low
er -quotations, in spite of light re
ceipts, afterwsrds lead to increased
pressure on the futures, which wa;
accloi'orated by the weakness in oats.
anj prices eased to 2 and 2,,i from the
elay's top to Vic. to lc lower than
Saturday's finish. . Januaiy dropping
to $1.41, and May to $1.37.
Oats were slow in getting started
i".nd d'splayed but little activity at
any time, although prices were weal;
and lower throughout. February
slummping lc to 60V-c, and Mr.rch
to 70c. Easier cash markets a
very' s'ack demand for spot stuff was
responsible. Closing figures record-"
ed net losses on the day of He fo 1e
in ccin and lc to 2c in oafs.
Wheat No. 1 Red Winter wheat,
$2.40; Nov 2 red, .$2.3952.4 1 ; No. V.
rod. S2.3S; No. 1 hud. No. 2
hard. $2.2:); No. 3 hard, $2.27.
The domostc visible supply of
wheat l-.,st week increased 2. T, 48:0 00
but previous week, decreased 3,1 It),
Cattle Just a fair r.upn'y of cattle
gt hi t-xlav and :l expect 1 l';at
'lie wick's run wi'l br lijrht as ship
pers luuai'y eurt.-'n operation during
the ho'i b period. Qiv.lity of today's
SUpph" WIS trie r !V-st ; e n i; ,i
long while. M.: rket opened slow, lu'
ruled steady. Offerings mainly ean
ner and 'i.M wcighi cattle on the
ste !-:T order.
T'i gi A moderate suppiy arrived,
several thousand holdovers wore on
-rde. The maikket wa-s active on
h. st v.' t'i prices sieady; while others
were verv slaw s.'e. Tho top was
? 17."0 an.l ti e b-.ilk of the h.ngs went
r.t SIT..'7",?.:..") Rest hog.? v.-ent at
lT.fi and upwards and moved freely,
.vh'io ''.h'!,s v. ere s'cw sa'e at SI 7.00
(fij 17 -'0, b?.st igs ind light? under
1.7.0 lbs. ?l.i.Ml.V3 ar.d oihe-s :flO
(5 I'k7r. The e'ese was dull and
(derance very in;ir.
Sheep With a moderate supply on
sale the market was active and gon
erally 2c hiurher, the best lambs go
ing at $H.fi"., sheep SO and hu-ks at
May the kindness of friends,
the thoughtfulness of associ
ates and the happiness of
those near and dear make for
you a perfect Christmay Day. .
CAPE GIRARDEAU BELL
With the shutters pulled down
e Amernm hooting grvllen am
y '!'.! cf 1 aking inven'..-r'e--' "s :ip
.appears to have lost its
An outlet would define
on, dissected And improved in the; whistle of locomotives. Even Demo-
publ.'c interests. And j.o Mr. McAdoo
cracy's stent oiian voice seems chock-
ard Mr. Hurtescn want to continue to I ed with the Ru, and the indication
iastoricaJ .'tatement the name of his-turn the po'iticia-ns loose as a prey
iiTin.odiale . prilcces."or, 1'rank II. "wn these industries and utilities.
are that "nobody works but father"
and he's gone to. Europe? b'ess his
who was bitten by the assuming that inexperienced men of! mission!
Greetings And Good Cheer
At this Season of Good Cheer and Good Will
Towards Men, we feel that in wishing a Joy
ful Christmas and a bright and prosperous
New Year, it will not be amiss to express our
appreciation of the business relations; which
have contributed so much to our pleasure
during the year. If through our efforts to
serve you, we can please you, each succeed
ing Yuletide will offer us greater cause for
F. F. Braun & Bros.
Good Hope Street
The Model Grocery
..s. a .; . ; : : . -i
,;t the Jieconsl ruction Cong?f.-s con
vened at At'antic City tells -ome
startling ta es. While many indus
tries have profited immense!'. f v ra
the war, theve is ah-o a tr::-:l of do
straction, and the indu trial casrn'
ity 1st' revea's the fact that a large
part of the pub'ic utilities of (.lie
United-. Stales went info th" war
wihout bulhts for their 'runs. While
Mr. MoAetoo was saving the ra-ihoad
.-ituat'on by shooting up the charge
for service thirty cr forty per cent,
the street ral.vays, lightning and
power plants were struggling along
under conditions tl :;t have boon car
rying them toward the same fate th: t
overtook the c'ussic one-hor. e ,shy.
The nort fJ3 per cent cf the electric
railway lines of the Unittd Slates
has suife-red a fa!!ing-off In net in
come f 82 p"r cent for the fir;t 0
months of 1D1S as compared with the
corre 'ponding period of 1017. Mater
ial and. labor costs have brought the
utilities almost to the verge of de
struction, and these important fea
tures of civic and industrial life
have been turned to the communities
that they serve for reoef from onor-
ous conditions. While the world talis
reconstruction, the local ' application
of the principle seems difficult to ap
ply, and the politicians poo up pro
miscuously in every ?Kc.ality to tell
the utility men that, "well, you made
a bargain, now stick to it" Recon
struction to thar minds,, is intendeel
for Europe, Asia and Africa, or any
other old place except home. The
American E!ectric Railway Associa
tion hss set on foot a movement to
make n analysis- of the . reconstruc
tion problems relating to local fran
chises, -w-ith a view of bringing about
a radical revision of the existing ar
rangements. The stem fact that con
fronts the public with rerpect to pub
lic utilities cells for a remodeling of
the ex'sting arrangements between i
the operator., and the owners of the
properties and the communities they'
.Jorve, if destruction of this great na
tional activity h to be avoided.
.Tohn T.. Roberts of 2 : ii Span's' ' sfal'or.!
stt;...-. reiurned from the M.;i:n-; tu-1 .hi'
service, la; t ?;:nday fve-ti'ng. If v a.-, i ( .
- a. a., .'i.m-
i-. y a ti.g in., i ..li.c roast lr-m
I i a, I a- on ;i;e f'.mth to Cr.'e
p.-, Norme and other Alaska points in
in the service
lii' Nor'h. He was
abr-ut S mcnths".
y v "
v-.-':a a - - ;.
?vJ!V.?'-rj5. : '-'" '- 'v. '' -.'
4f . :.' - : '. t - , v .'iv-'.--- &'-T Vf'.'T V ti
Mte:..,.v' -- v-i : V-i v 0 . ,, ;.,'.v ; l, . -A'y' Sv-' SL$3
Cattle Bsymg -For .
Swift &: Company i
Swift & Company buys mcro ii:an 9000 head of cattle
on an average, every market day.
Each one of them is "sized up" by experts.
Both ths packer's buyer and the commission salesman must
judge what amount of meat each animal will yield, and how fine it
will be, the grading of the hide, end the quantity and quaHty of the fat.
Both must knov market conditions for live stock and meat
throughout the country. The buyer must know where the different
qualities, weights, and kinds of cattle can be best marketed as beef.
If the buyer pays more than the animal is worth, the packer loses
money on it. If he offers less, another packer, or a shipper or feeder,
gets it away from him. ,
If the seller accepts too little, the live-stock raiser gets less than
he is entitled to. If he holds out for more than it is worth, he fails
to make a sale.
A variation of a few cents in the price per hundred pounds is a
matter of vital importance to the packer, because it means the
difference between profit and loss.
Swift & Company, U. S. A.