The Bismarck tribune. [volume], November 16, 1932, Image 7

About The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current

Image provided by: State Historical Society of North Dakota

                
Hjjpjjp \
a*
; &
Tribune’s
Market
STOCKS UNSETTLE 3);
TRADING TOO DULL
TO INDICATE TREND
i „•
Macy Flops Four Points When
Dividend Is Discontinued;
A. T. and T. Pays
New York, Nov. 16.—(A*)—Stocks
were a bit unsettled Wednesday, but
trading during most of the session
was too dull to afford much idea as
to what the market’s intentions really
were.
R. H. Macy flopped more than 4
points when directors announced dis
continuance of the annual 5 per cent
stock dividend, although the regular
cash payment of 50 cents was main
tained. American Telephone, off a
couple of points prior to its dividend
meeting, firmed when the directors,
as expected, voted another “regular”
of $2.25 a share. Otherwise fluctua
tions were small. Such stocks as U,
S. Steel, American Tobacco “B,”
American Can, Case, Harvester. U. S.
Industrial Alcohol, Allied Chemical
qpd New York Central were occa
sionally off from a fraction to about
a point. Borden, Columbian Carbon
and Air Reduction tended higher.
Rails, as a group, were neglected.
The regular quarterly dividend of
American Telephone was ordered.
While the company’s earnings, equiv
alent to $5.92 a share in the first nine
months or about $1 less than divi
dend requirements, made it necessary
for the company to dip into surplus,
it was held that the company was
well able to do this. On Dec. 1 last
it had more than $50,000,000 cash and
temporary cash investments of about
$240,000,000.
The market closed around the lows
of the quiet session. Net losses in
some leaders ran from 1 to 3 points
in a turnover of approximately a
million shares.
r
jU
.>• >v
,\
South St. Paul, Nov. 16.—(AP—U.
S Dept, of Agri.)—Cattle—2,Boo; prac
tically no early trade; prospects again
weak to lower on mast slaughter
classes with steers, yearlings and
fancy stock getting poorest action:
choice long yearlings held around 7.-
00; bulk fed offerings promising to
sell at 4.00-5.50; beef cows 2.25-3.00:
heifers 3.00-4.00; low cutters and cut
ters 1.25-75; medium grade bulls 2.75
down; feeders and stoekers slow:
calves, 4,000: weak to 50 lower: bet
ter grades 4.00 down; sorting rigid.
Hogs—l7,soo; moderately active; un
evenly steady to 10 or more higher;
good to choice 160-260 lbs. 3.00-10;
top 3.10; paid mostly for sorted 160-
180 lbs. with a scattering upward to
210 lbs.; 100-160 lbs. 2.75-3.00 and bet
ter; bulk 2.85; packing sows 2.10-60;
most sales 2.25-2.50; average cost 2.80;
weight 229 lbs.
Sheep—B.ooo; no early sales of fat
lambs; packers talking unevenly low
er; sellers asking mostly steady; late
bulk better grade lambs Tuesday;
5.50 to packers; 1 load 5.75 to shippers.
mmL
m
Chicago, Nov. 16.—(/P) —< U. S. Dep.
Agr.)— Hogs, 20,000, including 6.000
direct; active. 10-20 higher than
Tuesday; 140-180 lbs., 3.50-60; top
3.60; few pigs 3.25-50; packing sows
2.80-3.15; smooth light weights to 3.25;
light light, good and choice. 140-160
lbs., 3.40-60; light weight. 160-20 C
lbs., 3.50-60; medium weight, 200-250
lbs., 3.50-60; heavy weight, 250-350
lbs., 3.50-60; packing sows, medium
and good, 275-500 lbs.. 2.75-3.25; pigs,
good and choice, 100-130 lbs., 3.25-60.
Cattle, 11,000: calves, 2,000; weighty
fed steers about steady; others weak
to 25 lower; butcher she stock weak;
bulla and vealers steady; strictly
choice weighty steers 8.00; slaughter
cattle and vealers; steers, good and
choice. 600-900 lbs., 5.75-7.75; 900-1100
lbs., 6.00-7.75; 1100-1300 lbs., 6.00-8.00;
1300-1500 lbs.. 6.00-8.00; common and
medium. 600-1300 lbs.. 3.50-6.00; heif
ers, good and choice, 550-850 lbs., 5.50-
7.25; common and medium 3.00-5.50;
cows good and choice, 3.25-4.25; com
mon and medium 2.25-3.25; low cutter
and cutter 1.50-2.25; bulls (yearlings
excluded), good and choice (beef),
3.25- cutter to medium 2.75-5.50;
vealers (milkfed), good and choice,
4.25- medium 3.50-4.25; cull and
common 2.50-3.50; stocker and feeder
cattle, steers, good and choice, 500-
1050 lbs., 4.75-6.50; common and me
dium, 3.00-4.75.
Sheep, 12,000; steady to weak; sell
ers resisting unevenly lower bids;
early bulk desirable native lambs 5.50;
few 5.75 to packers; closely sorted
kinds 6.00-10 to city butchers; white
faced feeders 5.25; lambs 90 lbs. down,
good and choice, 5.50-6.10; medium
4.25-5.50; all weights common 3.50-
4.25; ewes, 90-150 lbs., medium to
choice 1.25-2.75; all weights cull and
common .75-2.00; feeding lambs 50-75
lbs., good and choice, 4.75-5.35.
Sioux City, lowa, Nov. 16.—(A*) —(U.
S. D. A.)— Cattle 2500; slaughter
steers and yearlings slow, tendency
weak to slightly lower; choice long
yearlings 7.00; plain short feds 4.75
down; little change; fat she stock
about steady; stoekers and feeders
fairly active, steady; bulk beef cows
9.25-3.25; low cutters and cutters
largely 150-200; desirable 550-650 lb.
Stockers 5.80; common down to 3.00.
Hogs 4500; active, 5-15 higher;
packers and shippers top 3.20; bulk
180-280 lb. 3.10-20; 280-350 lb. 2.90-3.10;
140-180 lb. 2.85-3.10; packing sows
2.50-85; feeder pigs 2.75-3.00.
Sheep 2500; nothing done; pack
ers talking 25 lower for fat lambs;
otner classes unchanged; packers in
dicating 5.40 down for choice slaugh
ter offerings held above 5.50; feed
ers scarce, eligible largely 4.25-75;
choice sorted quoted up to 5.00.
New York, Nov. 16.—(i<P)— Curb:
Cities Service, 3 3-8; Elec. Bond Sc
Share, 22; Standard Oil Ind., 23 3-8;
United Founders, 1 1-2.
MINNEAPOLIS STOCKS CLOSE
(By the Associated Press)
First Bank Stock, 8 1-2.
Northwest Banco., 8 3-4.
Livestock !
SOUTH ST. PAUL
CHICAGO
SIOUX CITY
CURB STOCKS
Grain,
Report
New York Stocks i
Closing Prices Nov. 16
Adams Express 6
Air Red 55
Alleghany i%
Al. Chem. Sc Dye 77 %
Allis Chal.
Am. Can 53%
Am. Coml. Al. (New) 21
Am. Sc For. Row 7%
Am. Inti s
Am. Metal 5%
Am. Pow. Sc Lt
Am. Roll Mill 10%
Am. Smelt. & Ref 15^
Am. Sugar Ref 25%
Am. Tel. Sc Tel 107%
Am. Tob. “B” 66T»
Am. Wat. Wks 21
Am. Wool Pfd 25%
! Anaconda Cop gi*.
Arm. Del. Pfd 1 40
AtCh. T. & S. F 42*4
Atl. Coast Line 21
Atlantic Ref 16%
Auburn Auto 4414
Aviation Corp 6%
Baldwin Looo «%
Balt. & Ohio 12*4
Barnsdall 4%
Bendix Aviation 10*4
Bethl. Steel 1734
Borg-Warner 9 i..
Briggs Mfg 5%
Canadian Pac 13^
Case, J. 1 42 \
Chesap. Sc Ohio 24%
Chi. & N. W 6%
Chi. Gt. Wes 3%
Chi. Gt. W. Pfd 7%
C. M. St. P. Sc Pac 2
C. M. St. P. Sc Pac. - J fd 314
Chi. R. I. & Pac 6
Chrysler 15^
Colum. G. Sc El 13*4
Coml. Sol 9%
Com. Southern 3
Consol. Gas 58%
Cont. Bak. "A” 4*4
Cont. Can 35 U
Cont. Ins 15 %
Cont. Motor 2*4
Cont. Oil of Del 6
Corn Products 52%
Cream Wheat 24*4
Curtiss Wright 2
Dia. Match 18 V*
Drug, Inc 34%
Dupont 38%
East. Kodak 54
Eaton Mfg ; 6%
El. Auto Cite 18%
El. Pow. & Lt 8
Fid. P. Fire Ins 15
Firest. Tr. & R 1214
First Nat. Stores * 50%
Fox Film “A” 3
Gen. Am. Tank 16%
Gen. Elec. 16%
I Gen. Foods 26
|Ge. Gas. & El. “A” 1%
General Mills 421*
Geo. Motors 13%
Gillette Saf. Raz 17%
Gold Dust 16
Goodyr. Tr. Si Rub 17
Graham Paige Mot 2%
Gt. Nor. Pfd 11
Grigsby Grunow 114
Houston Oil 15%
Hudson Motor 5%
Hupp. Mot. Car 2%
Indian Refin 2%
Int. Combus. Eng %
Int. Harvester 22%
Int. Nick Can 8%
Int. Tel. Sa Tel 9%
Jewel Tea 27
Johns-Manville 23%
Kayser (J) 9
Kelvinator 4%
Kennecott Cop 11%
Krcsge (S. S.) .. 11%
Kreuger St Toll %
Kroger Grocery 15%
Liquid Carbonic 15%
Loew s Inc 26%
Louis. G. St El. "A" 18%
Mack Trucks 22%
Mathieson Aik 15
Miami Copper 3%
Mid-Cont. Pet 5%
Mo. Kan. Si Tex 6%
Mont. Ward 13
Nash Motors 13%
Nat. Biscuit 39%
Nat. Cash Reg. “A" 9%
Nat. Dairy Prod 19
Nat. Power & Lt 13%
Nev. Cons. Cop 6%
New York Cent 24
NY. NH. & Htfd 14%
Norf. & Western 106
North American 29%
Northern Pacific 15
Ohio Oil 7%
Pac. Gas St El 27%
Pacific Light 38%
Packard Motor 2%
Par.-Publix 3%
Parmelec Trans %
Penney (J. C.) 23%
Penn. R. R 14%
Phillips Pet 5%
Proct. Si Gamble 30%
Pub. Svc. N. J 48%
Pullman 19%
Purity Baking 8%
Radio 7%
Radio-Keith Orp 4%
Reading Co. 32%
Remington Rand 4%
Reo Motor '. 2%
Rep. Iren Sc Stl 7%
Reynolds Tob. “B” 29 %i
Richfield. Oil Cal %
Royal Dutch Shell 19%
Safeway Stores 49%
St. L.-San Fran 1%
Schulte Ret 1%
Seaboard Oil 17
Sears-Roebuck 20%
Servel, Inc 2%
Shattuck (F. G.) 8%
Shell Union Oil 6%
Simmons 8%
Simms Petrol 6
Soc.-Vac. Oil 8%
Southern Pacific 19%
Southern Rys 7%
Standard Brands 15%
Stand. Gas. Si Elec 16
Stand. Oil Calif 26
Stand. Oil N. J 31%
Studebaker 5%
Texas Corp : 14%
Tex. Pac. Ld. Tr 5%
Tim. Roll. Bearing 13
Underwood Elliot 16
Union Carbide 25%
Union Pacific 70%
United Aircraft 26%
United Cigar Stores %
United Corp 8%
United Fruit 23%
Un. Oas. Si Imp. 18%
US. Ind. Alcohol 28
US. Realty Sc Imp. 6%
U. S. Rubber 5%
U. S. Steel 35%
Util. Pow. & Lt. 4%
Vanadium Corp. 13%
Warner Piet 2
West Maryland 6%
Western Union 31%
Westgh. Air Br 13%
Westgh. El. Sc Mfg 21%
Willys Overland 2%
Woolworth 37
INVESTMENT TRUSTS
(By The Associated Press)
(Over counter at N. Y.)
Corp Tr Sh 1.80. s
No Am Tr 8h 1.82.
Nat Tr Sh 4%. 5%.
Sel Am Sh 1.90, 2.00.
Sel Cum Sh 5%, 5%.
Sel Inc Sh 2%. 3%.
United Fond Corp .01, .05.
Univ Tr Sh 2.14.
GOVERNMENT BONDS
Liberty 3%5, $101.24.
Liberty Ist 4%5, $102.70.
Liberty 4th 4%5, $103.13.
Treasury 4%5, $105.20.
Treasury 4s, $104.10.
Livestock
for Wed.,
ONCOMING OF GRAIN
WIN ARGENTINA
DEPRESSES PRICES
Canadian Wheat Export Busi
ness Has Somewhat
Steadying Influence
Chicago, Nov. 16. —(A*) —Overshad-
owed by the oncoming of the new
wheat crop in Argentina, grain prices
tended downward much of the time
Wednesday.
Canadian wheat export business,
totaling upwards of 1,000,000 bushels,
had a somewhat steadying effect.
The market here was easily influ
enced by any good-sized purchasing
or selling, and trade sentiment was
decidedly mixed.
Wheat closed unsettled %-% under
Tuesday's finish Dec. 44%-45, May
49%-50, corn %-% off. Dec. 26%-%,
May 31%-%, oats unchanged to %
up, and provisions unchanged to 5
cents higher.
Price setbacks in wheat were later
curbed by unfavorable reports from
winter crop territory southwest ex
cept in the immediate section around
Salina, and Topeka. Kansas. Snow
falls were apparently of little benefit,
and with unseasonably cold weather
further seeding was reported as im
possible. Predictions of a much re
duced acreage were current as a re
sult.
A leading crop authority comment
ed that cold weather in the southwest
would be especially hard on young
wheat, and particularly on wheat
where the soil was dry or the plant
was fly-infested. Liverpool advices
said British wheat holders were li
quidating old contracts, fearing that
tenders on deliveries would Include
Canadian shipments via United States
ports. Instability of the New York
stock market was also responsible for
some selling of wheat here. Corn and
oats lacked aggressive support from
buyers.
Provisions were neglected.
WHEAT FUTURES PRICE
CHANGES ARE UNIMPORTANT
Minneapolis, Nov. 16.—(A>) —The lo
cal wheat market remained quiet
Wednesday and at the close price
changes were unimportant. Easiness
in the stock market was a moderate
influence but this was offset by ad
vices from the southwest concerning
the weather.
A sharp loss in acreage is expected
because of the termination of the
dry weather by a cold wave which
effectually halted seeding operations.
Export business early Wednesday was
In excess of a million bushels. Coarse
grain futures were quiet and averag
ing easy in tone.
December wheat closed 3-8 cent
higher and May 1-8 cent higher. De
cember oats closed unchanged, and
May 1-8 cent lower. December rye
closed unchanged and May 1-8 cent
lower. December flax closed 1-8 cent
lower and May 3-4 cent lower. De
cember barley closed 3-8 cent lower
and May 1-4 cent lower.
A desire to load boat£ before the
close of navigation is developing a
very strong demand for diversion
point cash wheat and undertone con
tinued strong Wednesday on high
protein type. Durum wheat was
scarce and in very good demand.
Winter wheat prices were nominally
unchanged with not enough stuff to
make a market.
Cash corn was in good demand.
Oats demand was fair to good and
receipts light. Rye was in strong
elevator demand. Barley demand
was good. Flax offerings were very
light and in strong diversion point
demand.
fr «
Grain Quotations |
CHICAGO RANGE
Chicago. Nov. 16.—(>Pt—
Wheat— Open High Low Close
Dec 45 .45% .44% .44%
May 50 .50% .49% .49%
July 51% .51% .50% .50%
Corn-
Dec 26% .26% .26 .26%
May 31% .31% .31% .31%
July 33% .33% .32% .33%
Oats—
Dec 16% .17 .16% .17
May 18% .18% .18% .18%
July 19% .19% .19% .19%
Rye-
Dec 29% .30 .29% .29%
May 33% .33% .33% .33%
July 34%
Lard—
Jan 4.12 4.12
May 4.27 4.27 4.25 4.27
Bellies—
Jan * 4.00
MINNEAPOLIS CASH GRAIN
Minneapolis, Minn.. Nov. 16. —(/I y » —
Wheat receipts Wednesday 82 com
pared to 141 a year ago.
Wheat
-15 % protein Delivered To Arrive
1 dk north. .53% .55% .53% .55%
2dk north. .51% .53%
3 dk north. .50% .52%
14% protein
1 dk north. .51% .52% .50% .53%
2 dk north. .49% .51%
3 dk north. .48% .50%
13% protein
1 dk north. .50% .52% .50% .52%
2 dk north. .49% .50%
3 dk north. .48% .49%
12% protein
1 dk north. .50% .51% .50% .51%
2 dk north. .49% .50%
3 dk north. .47% .49%
Grade of
1 dk north. .50% .51% .50% .51%
2 dk north. .48% .50%
3 dk north. .47% .49%
Grade of
1 north 50% .51% .50% .51%
2 north 48% .50%
3 north.... .47% .49%
Montana Winter Wheat
14% protein
IDHWor
1 H W .53% .55% .53% 55%
13% protein
1 DHW or
1H W 52% .53% .52% 53%
12% protein
1 DHW or
1 H W 50% .52% .50% .52%
Grade of
1 DHW or
1 H W .48% .50% .48% .50%
Minnesota and South Dakota Wheat
12% protein *
1 DHW or
1 H W 47% .49% .47% .49%
Grade of
1 DHW or
1 H W 47% .49% .47% .49%
Durum
Chi amber .51% .54* .51* .53*
13% protein
2 amber 49 * 53*
THE BISMARCK TRIBUNE, WEDNESDAY. NOVEMBER 16,1932
and
Nov.
Choice of
1 amber 48% .50%
12% protein
2 amber 47% .48%
Grade of
1 amber 41% .45%
2 amber 40% .44%
Grade of
1 durum... .40% .43%
2 durum... .39% .42%
1 rd durum .40% .41% .39%
Ccarse Grain
Corn—
-2 yellow... .2R .28 .27
3 yellow... .26 .27 .24
4 yellow... .25 .26
5 yellow... .23 .25
6 yellow... .22 .23
2 mixed... .23 .24 .21
3 mixed... .22 .23
4 mixed... .20 .22
5 mixed... .19 .21
Oats—
-2 white 16 .16%
3 white 15% .15% .15%
4 white 15 .15%
Barley—
Ch to fey.. .35 .36 .26
Med to gd.. .30 .34 .24
Lower grds .24 .29
Rye-
No. 2 32% .34% .31%
Flax-
No. 1 1.08% 1.12% 1.07% 1.10%
MINNEAPOLIS RANGE
Minneapolis, Nov. 16.—(AP) —
Wheat— Open High Low Close
Dec 48 .48% .47% .48%
Mav 50 .50% .49% .50%
Rye-
Dec 28% .29 .28% .28%
May 30% .31 .30% .30%
Oats—
Dec 15% .15% .15% .15%
May 17% .17% .17% .17%
Flax-
Dec 1.06 1.06 Vi 1.05 1.05%
May 1.09 1.09 1.08 1.08%
Barley-
Dec 26% .26% .25% .26%
May 29% .29% .28% .28 Vi
DULUTH RANGE
Duluth. Minn.. Nov. 16.—(A*)—
Durum— Open High Low Close
Nov 44%
Dec 44% .44% .44% .44%
May 44% .45% .44% .44%
Rye-
Dec 30% .30% .30% .30%
May 32%
Flax—
Nov 1.09% 1.09% 1.09% 1.09%
Dec 1.07% 1.07% 1.07 1.07 V*
May 1.08% 1.08% 1.08 1.08
DULUTH CLOSE
Duluth. Nov. 16.—(/P) —Closing cash
prices: Wheat, No. 1 dark northern,
51 3-8 to 63 3-8; No. 2 do. 50 3-8 to
62 3-8: No. 3 do, 48 3-8 to 59 3-8; No.
1 northern, 51 3-8 to 63 3-8; No. 2 do,
49 3-8 to 62 3-8; No. 2 hard winter.
49 3-8 to 51 3-8; No. 1 dark hard
Montana, 50 3-8 to 52 3-8; No. 1 am
ber durum. 45 5-8 to 54 5-8; No. 2 do.
45 5-8 to 54 5-8; No. 1 durum, 44 5-8
to 47 5-8; No. 2 do, 44 5-8 to 47 6-8;
No. 1 mixed durum, 44 5-8 to 50 5-8;
No. 2 do. 44 5-8 to 50 5-8; No. 1 red
durum, 44 5-8.
Flax on track, sl.lO 1-4 to $1.14 1-4;
to arrive, $1.09 1-4; Nov., $1.09 1-4;
Dec., $1.07; May, SI.OB.
Oats, No. 3 white, 15 7-8 to 16 3-8.
No. 1 rye, 32 3-4.
Barley, choice to fancy, 29 1-8 to
32 1-8; No. 2 special, 28 1-8; medium
to good No. 3, 26 1-8 to 28 1-8;
lower grades, 23 1-8 to 26 1-8.
Chicago, Nov. 16.—<>P) —Wheat, No.
2. 47 1-4; new corn, No. 4 mixed,
24 3-4; Np. 2 yellow, 26; No. 3 white,
25 1-2 to 25 3-4; old com. No. 2 yel
low. 28 1-4 to 28 1-2; No. 2 white,
28 1-4; oats, No. 2 white, 17 1-2 to
17 3-4; rye. no sales; barley, 26-39;
timothy seed. $2.25-.50 per cwt.; clo
ver seed, $6.00-9.00 per cwt.
Minneapolis, Minn.. Nov. 16. —iVPv—
Flour unchanged. Shipments. 27.302.
Pure bran. $9.00-9.50; standard mid
dlings, $8.50-9.00.
RANGE OF CARLOT SALES
Minneapolis. Nov. 16.—r/P.i—Range
of carlot grain sales: Wheat: No. t
dark northern 51-57%; No. 1 mixed
51%; No. 2 amber durum 49%; No. 1
mixed durum 46%-48%.
Corn: No. 1 yellow 28%.
Oats: No. 3 white 13%.
Rye: No. 1, 34%.
Barley No. 2 special 29% -33; No. 3
28*1-29%.
Flax: No. 1, 1.08-1.10.
BISMARCK GRAIN
(Furnished by Russell*Miller Co)
Date Nov. 16.
No. 1 dark northern $ .32
No. 1 northern * 32
No. 1 amber durum 25
No. 1 mixed durum 24
No. 1 red durum 24
No. 1 flax 85
No. 2 flax 82
No. 1 rye 16
Barley 16
Oats .. 09
Dark hard winter wheat 28
O •• -■■■■ —-■ -■
I Produce Market- |
Chicago. Nov. 16.—(/P) —Butter and
eggs were firm Wednesday with
prices Vi cent higher. Poultry was
steady.
Butler, 6,429. firm; creamery—
specials (93 score) 23-23%; extras
(82) 22%: extra firsts (90-91) 21 Vi-22;
firsts (88-89) 19%-20Vi: seconds (86-
87) 17-18%; standards <9O centralized
carlots) 22. Eggs, 1,376, firm; extra
firsts 33; fresh graded firsts 32; cur
rent receipts 29-31; refrigerator firsts
24%; refrigerator extras 25Vi.
Cheese, per lb.: Twins, 11%; Daisies,
12; Longhorns, 12; young Americas,
12; Brick, 10%; Llmburger, 11; Swiss,
domestic, 28-29%, Imported, 26-37.
Poultry live 34 trucks steady: hens
11-14%; Leghorn hens 9; colored
springs 11%; Rock Springs 12; hen
turkeys 18, young toms 15, old toms
12; ducks 10%-11%; geese 10; Leg
horn broilers 10, roosters 9.
Live poultry firm; chickens, by ex
press, 14-18; broilers, express, 10-20;
turkeys, freight, 20; ducks, express,
17. Dressed poultry irregular. Fowls,
fresh or frozen, 11-20; turkeys, frozen,
unquoted.
Butter, 8,978, firm. Creamery, high
er than extra 24-24%; extra (92 score)
23%; first (87-91 score) 21-23.
Cheese, 183,292, steady, unchanged.
Eggs, 13,610, steady to firm. Mixed
colors, dirties 28-31; refrigerator,
standards 26%.
j Miscellaneous. J
Chicago, Nov. 16.—<fl*) —(U. 8. D. A.)
—Potatoes 37. on track 153, total U. 8.
shipments 501: stronger, supplies
moderate, trading good: sacked per
16
CHICAGO CASH
MINNEAPOLIS FLOUR
CHICAGO
NEW YORK
CHICAGO POTATOES
cwt.; Wisconsin round whites 70-75;
Michigan Russet rurals mostly 70;
Idaho Russets 1.30-40.
MONEY RATES
New York, Nov. 16.—(A*)—Call money
steady 1 per cent.
Time loans steady 60-90 days %; 4
mos. %; 5-6 mas 1 per cent. Prime
commercial paper 1%.
FOREIGN EXCHANGE
New York. Nov. 16.—(/P) —Foreign
exchange irregular. Great Britain
demand in dollars, others In cents:
Great Britain. 3.31 1-2; France.
3»92 1-16: Italy, 5.11 5-8; Germany,
23.78 1-2; Norway. 16.89 1-2; Sweden,
17.59 1-2; Montreal, 87.62 1-2.
MINNEAPOLIS POTATOES
Minneapolis, Noil 16.— {JP) —(U. S.
D. A.)—Potatoes: Moderate wire In
quiry, demand moderate, trading
light account shippers holding for
higher prices, market firm. Carloads
F. O. B. shipping point (based on de
livered sales, less all transportation
charges) Minneapolis basis, 100 lb.,
sacks, round whites, U. S. No. 1 and
partly graded. 45-48 c.
CHICAGO STOCKS
(By the Associated Press)
Midwest Util, (new), %.
BOSTON WOOL
Boston. Nov. 16.—(A*}—A limited
amount of business is being transact
ed on territory wools. Strictly comb
ing 58. 60’s territory has realized up to
45« scoured basis, but this is the max
imum obtainable at the moment, and
some wool Is available around 43.
Strictly combing 56*s territory wools,
bring on occasional sales around 40
scoured basis, although some holders
appear rather firm at 42. Graded
French combing 64’s and finer terri
tory wools bring 42-43 scoured basis
for the bulk selling.
To Select Rhodes
Scholars Dec. 10
Grand Forks, N. D., Nov. 16.—^A*) —
Dr. H. G. Klemme. pastor of the
First Presbyterian church here, and
Prof. H. G. Merriam, University of
Montana, will act with President
Thomas F. Kane of the University
of North Dakota in selecting two
Rhodes scholarship candidates for
North Dakota at a hearing in Grand
Forks Dec. 10, President Kane, chair
man of the selection committee, an
nounced.
The Montanan was selected by
President Frank Aydelotte of Swarth
more college, national Rhodes secre
tary, and Dr. Klemme by the state
chairman. The two successful North
Dakota candidates will appear before
n regional selection committee* for
eight northwest states.
Big Realty Auction
Gets Little Returns
Chicago, Nov. 16.—(A I ) —The great
est realty auction ever held is on,
but its cash returns are meager.
For most of the 400.000 parcels of
Cook county real estate, worth more
than $1,500,000,000 and ordered sold
for $100,764,641 in 1930 taxes, are be
ing forfeited to the state, since few
will buy even at extremely low prices.
About a 20th of the total so far has
been offered by County Treasurer
Joseph B. McDonough, but scarcely
SIO,OOO in cash has been received, his
office said Wednesday.
Detailed figures are npt obtainable,
but the property ordered sold includes
about half the realty in the county;
on the remainder $120,687,447 has been
collected.
Interest in the sales was heightened
this week when County Judge Ed
mund K. Jarecki ordered 56,000 par
cels sold for $22,000,000 in taxes. This
is owned by the 28,000 members of
the Association of Real Estate Tax
payers. who had filed objections and
instituted a “tax strike.” Jarecki
dismissed the objections.
Turner Cracks Frank
Hawks’ Speed Record
Los Angeles, Nov. 16—<A*>—Now the
holder of three major air speed rec
ords, Colonel Roscoe Turner says he
does not expect to try another coast
to-coast flight until next spring.
Colonel Turner Monday added a
new east-west transcontinental rec
ord to his list when he flew from
New York to Burbank, a Los Angeles
suburb, in 12 hours and 33 minutes,
breaking Lieutenant Comma nd e r
Frank Hawks’ record by 2 hours, 17
minutes. Turner also holds records
for flights from Los Angeles to Mex
ico City and a round-trip between
Los Angeles and San Francisco.
On the east-west flight Colonel
Turner averaged 208 miles an hour
over the 2,540 miles. He had plan
ned tq attempt a round-trip air speed
record but was frustrated because of
a tire blowout at Columbus, 0., on
the flight ea:«, Saturday.
Name Missouri Youth
Star Farmer in U. S.
Kansas City, Nov. 16.—(A») —Long
and arduous hours spent in scien
tific farming has won for Clarence
Goldesberry, 22-year-old Houston,
Mo., boy, the title of star American
farmer and a cash prize of SI,OOO.
Goldesberry, whose achievements in
the Ozarks ranked him as the year’s
leading member of the Future Farm
ers of America, received the award
Tuesday night at the American Royal
Livestock Show.
Starting with $279 borrowed from
working capital of $2,158. His rec
working capital of 32,156. His rec
ord includes 15 farm projects car
ried on as part of his vocational
agriculture course, 19 supplementary
farm Jobs and skill In 12 farming
operations.
The cash prize was offered by the
weekly Kansas City Star.
TWO HUNTERS DEAD
Virginia, Minn., Nov. 16.—(A*)—Suf
fering from exhaustion and exposure
while hunting deer, Chester Benson.
35, of Brainerd, died in the woods
near Buyck, 70 miles north of here,
Tuesday afternoon. Another hunter,
John Regan. Leßoy, Minn., was In
critical condition after being shot ac
cidentally in the arm by his brother,
who mistook him /or a deer. George
C. Schmidt of Rock Creek, Minn., fell
dead after a heart attack 28 miles
north of Two Harbors.
PARAGUAYANS REPULSED
La Fas, Bolivia, Nov. 16.—(AV-The
army general staff Wednesday an
nounced three fierce Paraguayan at
tacks on Fort Saavedra, in the stra
tegic Munos sector of the Chaco, had
been repulsed. The Paraguayan
casualties were reported large.
ENGLAND, GERMANY
AND FRANCE PLAN
ECONOMIC PROGRAM
Tripartite Consortium Is De
signed to Rehabilitate
Stricken Europe
Paris, Nov. 16.—(yP)—The formation
of a tripartite economic consortium
among France, Germany and Great
Britain, and designed to rehabilitate
Europe, was announced Wednesday
by Raymond Patenotre, the Amer
ican-born under-secretary for nation
al economy.
The first project will be the offer
ing of a 17,000.000,000 franc loan for
the electrification of railways in Po
land, Rumania. Irak, and Portugal.
(This sum is equivalent currently to
$680,000,000).
The Paris edition of the New York
Herald-Tribune said France and Eng
land each would provide 40 per cent
of the loan and Germany would con
tribute 20 per cent.
The consortium, as described by M
Patenotre on his arrival from Ber
lin, was said to be purely an economic
arrangement, but, as approved by the
three governments, the program is an
outgrowth of the visit of the then
Premier Pierre Laval and the late
Aristide Briand to Berlin in 1931.
Premier Edouard Herriot will be the
titular head of the consortium in
France and Chancellor Franz von
Papen In Germany. N. Patenotre, as
the vice president for France, will be
in actual charge of operations with
headquarters in Paris. The German
minister of national economy will be
the German vice president.
The group will consist of three syn
dicates: First, Franco-German fi
nancial experts: second. Anglo-Fran
co-Gcrman bankers, and third, a
Franco-German syndicate designed to
carry out recommendations of the
second group in the electrification
projects.
M. Patenotre said guarantees as to
insurance, security, and non-competi
tion in industrial bidding would con
stitute the underlying principles of
the organization.
“We foresee a return to prosperity
by the natural process of the develop
ment of industrialization,” he said.
“The unemployed in the smaller de
pressed countries will be given work,
while the jobless in the larger coun
tries will be relieved by the operation
of factories.”
The ground work of the plan was
said to combine French capital and
German industry.
j Woman Refuses to
Believe Robber j
$ *
Chicago, Nov. 16.—</P> —Miss
Marie Nelson doesn’t believe
everything she hears and thereby
has proved it takes more than a
pistol to make a robber.
As manager of a hotel she was
going about her business when a
man walked in Tuesday night,
pointed his weapon at her and
announced he was a robber.
“I don't believe it,” she answer
ed. “Put that gun away; you
might hurt someone. The money
we have here is for our employes’
pay day.”
Refusing to put up her hands,
Miss Nelson summoned two bell
boys and said:
“This man says lie's r robber.
He's crazy.”
“Crazy nothing,” one of the
boys replied, whereupon both of
them elevated their hands.
Still defying the intruder Miss
Nelson turned her back to him
and called the police. When she
turned around again he was on
his way out—empty-handed.
Old Grey Mare to
Defend Her Title
Kansas City, Nov. 16.—(/P> —The old
grey mare is passe where owners of
blooded horses gather, but at the
American Royal Horse Show Wednes
day many of them were w r ondering If
Sweetheart On Parade Is what she
used to be.
Sweetheart On Parade is a grey
mare of seven summers and she is de
fending the championship of five
gaited saddle horses, which she won
last year. She is owned by Mrs. W.
P. Roth, Redwood City, Calif., and in
the arena Wednesday night will per
form in a field of 16 rivals for top
honors in the mare division, or the
semi-final event leading to the grand
championship.
Tuesday night awards were made in
the livestock competition. They in
cluded: Sheep, Southdown ram, two
years old or over; third, R. E. Struts
and Sons, Jamestown, N. D.
ELECTED IN SIOUX
Selfridge, N. D.. Nov. 16.—County
officers elected in Sioux county were:
Superintendent of schools. E. Helen
lorns; county judge, J. M. Carignan,
Jr.; county auditor, J. R. Harmon;
county treasurer, J. A. Jacobson; reg
ister of deeds, H. D. McCormick;
state’s attorney. Irving Koths: and
sheriff. I. T. Krois. The Selfridge
Journal was elected official newspa
per.
BISHOPS IN CONFERENCE
Washington, Nov. 16.—</P) —Presided
over by Cardinal O’Connel of Boston,
dean of the American Catholic Hier
archy, the first session of arch-bish
ops opened here Wednesday at Cath
olic University. As is customary the
sessions were closed to the public.
Those attending included Archbishop
Murray, St. Paul; Bishops Busch. St.
Cloud, Minn.; Kelly, Winona. Minn.;
Reilly, Fargo, N. D.; and Welch, Du
luth.
TWO BURN TO DEATH
Danbury, Wis., Nov. 16.—(/P)—Dr.
St. Clair Darden, 40, head of the
Healthwin hospital at South Bend,
Ind., and Frank Fritzer, 52, manager
of the furniture department of a
South Bend store, were burned to
death in a fire which broke out in
their cabin while they were asleep
Tuesday night.
TO INVESTIGATE ELECTIONS
Washington, Nov. 16. —(/P) — The
house campaign committee, headed by
Representative Ragon, Arkansas Dem
ocrat, decided Wednesday to investi
gate last week's elections in Penn
sylvania and Delaware.
CLASSIFIED AD
RATES
All want ads are cash in advance.
Copy must be received at The Trib
une office by 9:00 a. m. to insure in
sertion same day In the regular
classified page.
Cuts, border or white space used on
want ads come under the classified
display rates of 90 cents per column
inch per insertion.
REGULAR WANT AD RATES
3 cents per word for first insertion,
minimum charge for 15 words.
2 consecutive Insertions, not over
25 words $ A 5
3 consecutive insertions, not over
25 words SI.OO
6 consecutive Insertions, not over
25 words $1.45
All ads of over 25 words add 3c per
word to above rates.
Male Help Warned
YOUNG MAN OVER 25 to collect
and learn vacuum cleaners. Good
opportunity. Small salary to start
Inquire 9 o’clock Friday morn
ing at Singer Company. 212 Bdwy.
WANTED—Men to travel, between
ages of 20 and 30. Permanent work.
Good pay. Apply Room No. 9, Hos
kins Bldg., between 10:30 and
11:30 a. m.
BE A BARBER. Learn an easy
fession. Low rates. Free catalog.
Moler Barber College. Fargo. N. D.
Help Wanted
WANTED—Responsible nun
manent position qualified for buy
ing horses. Hill Packing Co., Gen.
Del., Bismarck, North Dakota.
Female Help R anted
WANTED Women for part-time
Christmas rush work. Permanent
for those who qualify. Apply be
tween 2 and 3 p. m., Room No. 9,
Hoskins Bldg.
For Rent
FOR RENT— in.'so2 I ?th.
Personal
PERSONAL #
YOUNG GIRL would like a room
mate to share a modern apartment.
Rates reasonable. Write Tribune
Ad. No. 2932.
For Exchange
WANT FARMERS to bring wheat to
exchange for flour. Made from
North Dakota selected DARK
NORTHERN spring wheat. Milled
by modern mill. All wheat is thor
oughly washed. Flour is guaran
teed. Dacotah Seed Co. Located
No. 10 highway, Bismarck, N. Dak.
Livestock Wanted
WANTED TO BUY—Straight run
range horses including tops. Ad
dress Hill Packing Co., Gen. Del.,
Bismarck. N. D.
Wanted to Borrow
WANTED TO BORROW—SISOO on a
good business establishment. Write
Tribune Ad. No. 2929.
Strange But True
News Items of Day
(By the Associated Press)
Hero at Switch
Vincennes, Ind.—The man who fell
asleep at the switch bears no resem
blance to Fireman James Freeman,
who was being congratulated as a
hern Wednesday as he lay in a hos
pital. Freeman leaped from a train
to throw' a switch. He fell, broke two
ribs and dislocated his shoulder. Al
though suffering’ great pain, he
crawled to the switch and threw It in
time to permit a fast passenger train
to pass on a clear track, thus avert
ing possible disaster. Then he fainted
beside the switclf, only a few inches
from the speeding wheels of the ex
press.
Proved It by Boss
Cleveland.—Yes, it w*as “pay
day” at the Cleveland Transfer
company. “Are you sure?” a
voice on the telephone inquired
of J. T. Durbin, manager. “I’m
positive,” replied Durbin. Five
minutes later, four men held up
eight employes and escaped with
SI,BOO.
Tabling the Bills
Benson, 111.—There was money in
the old wooden table Charles Lauen
stein used to use. He died a year
ago, but his fortune was not found
until the other day when a carpenter,
going over the table which has been
sold at auction, found $60,000 in ne
gotiable securities secreted inside.
Heirs in Germany will benefit.
One Chance in 1,000
Charleroi, Pa. —His skull split
in two sections, Stephen Nandor,
28, who physicians say only has
one chance in a thousand, is
amazing hospital authorities as
he clings to life. With his head
virtually shattered in an automo
bile crash Friday, and the frontal
hemisphere of his brain injured,
Nandor continues to live. Con
scious from time to time, he con
verses with his father.
GOLF GOOD FOR EYES
Los Angeles. Nov. 16.—(-4*)—Hus
bands whose wives object to frequent
golfing excursions now have a good
excuse. The game is good for the
eyes. Dr. A. M. Skeffington, director
of a clinic foundation for the ad
vancement of professional optometry,
told an advertising club: “Golf helps
business men get back to the basic
use of their eyes.” He explained that
In primitive days the eyes were used
for hunting and that it Is a good idea
to give the “hunting eye a bit of ex
ercise.”
THREE MEN SLAIN
Rocky Mount, Va., Nov. 16.—(/P)
Three men were dead Wednesday,
two.of them shot while they kept
watch over the body of the first vic
tim. The dead are Ernest Shelton,
Henry Holly and “Dump” Adkins, all
white. Adkins was killed late Tues
day and Holly and Bhelton early Wed
nesday. One man is in jail. Circum
stances surrounding the shooting
could not be learned.
EXPLOSION KILLS FOUR
Glasgow, Scotland, Nov. 16.—(P) —
Four persons were killed and 11
burned seriously in an explosion in
the Cardowan Colliery pit at Stepps
Wednesday.
Work Wants*
EXPERT WATCH REPAIRING—At
one-half price. All work guaran
teed one year. Regular SI.OO fancy
crystal. 50c; watch cleaning, reg
ular $2.00, now SI.OO. Wrist watches
cleaned, regular $3.00, now $1.50. D.
Kysar, 515% 4th, Bismrack, N. Dak.
Mail orders given prompt attention.
Apartments for Rest
FOR RENTf— ’ Furnished' three - room
ground floor apartment. $39.00 per
month. Also 3 room apartment.
Private bath. Rental $30.00 per
month. Also bed room. Heat, lights
and water furnished. 721 3rd St.
Phone 1213-W.
FOR RENT—Two furnished light
housekeeping rooms. Heat, lights
and water included. Cheap. 307
4th St. Phone 627-J.
FOR RENT—Two warm, all-modern
furnished rooms for sleeping or
light housekeeping. Close in. Also
garage for rent. Phone 926-J. 507
3rd St.
FOR RENT—Semi basement bunga
low flat unfurnished. One room
furnished apartment with kitchen
ette and closet, also one light
housekeeping room with kitchen
cabinet and electric stove. Sleep
ing rooms. Call at Kindschy’s, 409
sth St.
FOR RENT Two-room furnished
_ apartment. 602 Bth St.
FOR RENT Two room furnished
apartment at 1100 Bdwy Also 2
room furnished apartment at 1014
Broadway Rent $20.00. Three room
partly modern house at 213% South
sth St. $101)0. Inquire at 1014 Bdwy.
FOR RENT—Nov. 20th, well
ed two room apartment. Hazel
hurst. 411 sth St. Phone 273.
FOR RENT—Two furnished ~ light
housekeeping rooms in modem
home. Lights, heat, gas, water and
use of electric washer included. Rent
$20.00 per month. Close in. Call at
113_Mandan St. Phone 637-J.
FOR RENT—Cozy apartment Pri
vate entrance. Bed room, living
room, private bath. Phone 1313.
FOR RENT—Two furnished'aiFmodU
ern apartments In the Rue Apart
ments. Prices $28.00 and $22.00. 711
Ave. A. Phone 1256-W.
FOR RENT—Two room apartment
with Murphy bed. Nicely furnished.
Phone 1250.
FOR RENT—Large five-room apart
ment. CaU Logan’s, phone 211.
FOR RENT Housekeeping room
with kitchenette. Also small sleep
ing room._4ll stli Street. Phone 273.
FOR RENT—Two room furnished flat.'
$20.00 per month. Also one three
room furnished flat. The Laur&in
Apartments.
FOR RENT—Strictly modern fur
nished and unfurnished apts. Rose
Apartments. 215 3rd St. F. W.
Murphy. Phone 852.
FOR RENT—Modem apartments In
fireproof building at reduced rente.
Inquire at Tribune office.
Rouses ana Flats
FOR RENT Dec. Ist. Four room
modern house. Two bedroms. Built
in features. Gas range, electric re
frigerator. Hot air coal furnace. At
tached garage. Three room base
ment apartment, electric refrigera
tor. Gas range. May be sublet. E.
W. Mandigo, Phone 596-J.
FOR RENT—Modern 5 room house]
Gas heat and garage. Convenient
to schools. 715 6tli St. or phone
1425.
FOR RENT—9-room htfUse~ on 6th
street. Garage in back. Call Mrs.
S. E. Turn bow, 12-F-220.
FOR RENT—6-room modern house.
Gas heat. Garage. Inquire 214
sth 8L after 6 p. m.
FOR RENT—Duplex. Easily heated.
Two bedrooms. 114 Bdwy. Apply
H 1 J. Woodman see.
HOUSE - FOR RENT—Price reason
able. Phone 250. Obert A. Olson.
FOR RENT—Modern six-room house
at 808 Avenue B with garage. Near
schools. Phone 839 or 108.
Rooms for Rent
FOR RENT Large room with two
closets. Suitable for two, close in.
Hot water at all times. Private en
trance. ALSO SINGLE ROOM. Ap
ply 420 Ave. B or phone 460-R.
FOR RENT—Sleeping room in warm
home. Hot and cold water in room.
Phone [phone]th St.
FOR RENT—Nice warm and com
fortable room In new modem home.
Always hot water. Opposite St.
Alexius Nurses’ Home at 307 10th St.
Phone 921.
ROOM FOR RENT in a modem house
with gas heat. Close in. Private
entrance. Beauty Rest mattress.
Rent reasonable. Opposite court
house. Suitable for one or 2 gentle
men. 512 Rosser Ave. Phone 1091.
FOR RENT—Lovely front room7suit>
able for one or two. Gas heated.
Very close in. Beauty Rest mat
tress. Hot water at all times. Phone
in house. Board if desired. Very
reasonable. 406 sth St.
FOR RENT Two newly fnrnishej
rooms in warm modern home. Al
ways hot water. Reasonable rent.
413 W. Thayer. Phone 1824.
For VOe _
FOR SALE—High quality - coal " at
$2.95 per ton in load lots. A cheaper
grade at $2.70 per ton in load lots.
10% discount when paid on deliv
ery. Phone 541-J.
FOR SALE—Pedigreed white Leg
horns. Cockerels from the Northland
Master Breeders flocks. 75c per bird.
R. H. Lewis, Baldwin, N. Dak.
FOR SALE—Kimball baby grand
and small upright. These pianoj
are new pianos slightly shop-worn
Will sacrifice rather than reship
if can move at once. Terms if de
sired. Write H. D. Hewitt, care ol
W. Kimball, Chicago, 111.
TOR SALE TYPEWRITERS ~AND
ADDING MACHINE. Sundstrand
Underwood Noiseless, Portable an<
Standard. Write for catalog and
prices. Rebuilt machines all makes
SUPPLIES. We clean and repata
all makes of office machines. CAP
ITAL TYPEWRITER CO. 207 Bdwy
Bismarck. N. D. Phone 820.
. — l ' ' a ■——
Root and Bore
BOARD AND ROOM in a nice, warm
modem house, at S2O and $25 pa
month. We have been in this but
iness for years and know how U
serve you. See us at 114 Wei
Main. Phone 838.
Wißtrt to Item
WANTED TO RENT byDecTlst. On
or two room furnished apartmen
or sleeping room In good moden
home. Must be reasonable. Qiv
full details. Write Tribune Ad. He
2921.