The producers news. [volume], September 28, 1928, Page PAGE THREE, Image 3

About The producers news. [volume] (Plentywood, Mont.) 1918-1937

Image provided by: Montana Historical Society; Helena, MT

                
friw
jjjjjj HARKET NEWS
. v no material change in
Tn.cie ' vhcat market situation.
gt ' H! nv tket- were steady and
, rk<te Slightly Higher— De
fr ,in ' l f. ,, for Feed Grains ami
s - rh,s whMt
-tically all grains ad
the week end
iuenoed by rela
saies of spring
• of P raC • -
fric harply duling
Cj,iar.be. 22.
«^'"S-ulailv in Canada and a
nlt -nt P J ' A for feed grains accord
tJ f the U. S. Bureau of Agncu -
The greatest ad
Pt-ono • ^ wh j ch was 8%c to
the close of the market,
« bi *lf, anaweekago. Com and
UP about 2c, barley 5c to
^ er Ix Gc to 7c. Hard winter
6c ar-' 1 ' vvere not materially
»b eat P 1 hu t premiums on hard red
' wheat were advanced, while
iP rin ® vjft red winter were quo
flurum- - c higher than a week
trt j ar^uii'i
-
ing
rie^'
r ]
tufa.
Sept
II
;ia
E u Ur °Smeni oi new crop grain was
Ö? m ° *";i under way. Private es
getting ' the French w heat crop
{i uL l million bushels above last
8t harvest with the quality gen
-flii Italy increased the ira
wheat, effective Sept,
-, tre m 49c to 58c per bushel which
,-vi-trict importations this sea
ini; General beneficial rains in the
and central part of Argen
J, were reported. The September
• mate placed the Argentine wheat
^r, ce at 20.T1S.000 acres compared
aC ;U 10 714,000 acres reported bar
.-ca.-on. The condition for
.rriration and growth of the crop
? far this season has been favorable
h,f the final outturn will be deter
largely on weather conditions
7''„ext two months. Light showers
rrruneii in Australia but more were
rp.iie»' Prices of native wheats in
EhuVg and Paris were advanced a
kiut lc per bushel but quotations
lowered about lc for locally
„ mW r, wheat in Genoa.
The principal feature in the North
African wheat markets was the
record marketing of new Canadian
spring wheat. Receipts at Winnipeg
for the week were reported at 11,445
car-, almost double last week's re
efipts and more than three times as
large as far the corresponding week
la?t year. Notwithstanding this very
heavy movement, offerings wer of
only moderate volume and the Winni
poe market advanced about 7c per
bushel. with No. 1 Manitoba Nor
them quoted at S 1.22'4 and No, 2 at
ÎI.15 1 }. This firm situation in the
Canadian market was reflected in the
domestic spring wheat market, which
wsa also about 7c higher than a week
ago at Minneapolis and Duluth. No.
] dark northern, 12 per cent protein,
was quoted at the close of the market
Sept. 21, at Minneapolis at 5c to 10c
over the September price of $1.1314.
13 per cent protein was bringing 15c
tn 20c over and 14 per cent protein
27 to 30 cents over the September,
Protein premiums at Duluth were
sliphtlv higher than at Minneapolis,
port
MB.
weit
Miüi; g quality durum wheat was
in doîr.M.ui and prices v/ere advanced
around five cents per bushel. Mills
»(re v ying good premiums for high
pFflteir ('mum wheat, 14 per cent be
«NT quoted at Duluth at 15c to 22c
September price of $1.00%. No.
1 amber and No. 1 mixed durum, 13
S*-r cent protein were quoted at Min
neapolis at 11c to 18c over the Duluth
September price. The protein con
ftf durum averages lower than
fet Season, according to trade re
Th* hard winter wheat markets did
follow the advance in spring
«feat although September futures
pnm at Kansas Citv at the close of
tfemarket, September 21, were about
f«'« rents higher than a week ago.
îhwioins were lowered lc to 2c with
ȧl demand onlv moderately active
8Pf| export demand very limited. Ex
bills for No. 1 hard winter wheat
delivered at the Gulf were reported
* 3'ic over the Chicago Decern-1
fef price, which closed, Sept. 21,
No. 2 hard winter f.
î st«.
■
IU9U.
Vw WsU was quoted at 2%c over
the Chicago December No. 2 hard
winter, 12 per cent protein, was quo
hu at Kansas City at from 2c under
10*1 ® ece * nber to the December price,
K'2 per cent protein at the Decem
ber price to oc .over and 13 per cent
at 5c to 9c
'as qeoted at Omaha at from $1,05
depending upon quality.
The demand for soft winter wheat
continued acitve and prices wer efur
.1. advanced at most markets. Good
m "* In 8 «iuality s.oft red winter was
'août i) cents per bushel higher at St.
Louis than a week ago. No. 2 red
Wing quoted at $1.48 to $1.50
per bushel. No. 2 red winter was j
selling at Cincinnati at from $1.52 to
•*3, and advance of about 2 cents
|*r bushel during the week, Inquir-1
s were exceeding receipts in that
No. 2 hard winter
over.
1 ncific coast markets were also
lrme J- Export mills were active buy-
s of wheat at Portland and advanc-
f prices to above an export basis to
nrope. Good milling varieties were 1
sported scarce and good grades of
oA e . ^ em were Quoted at Portland
0 to $1.42 per bushel. Soft
t ? 'y e? tern white wheats were quo- \
«il 'blO tod $1,15 per bushel, re-
♦rNu e y * ^ orne difficulty with east-
shipments of soft wheat has been
J*** because of the percentage
th har ^ wbea t kernals contained in
t.!- so / 1 w 'nter. The wheat market
v s 'teady at SanFrancisco where
* ■ 1 soft and western white wheat
* as quoted at $1.20 per bushel. No.
- nnl winter was quoted at Los An
„ es '%.23 per bushel in bulk with
? °od demand prevailing.
RYE
„ rye market developed a decid
in' .tone. Milling demand
li v ac ti ye but receipts were very
in the markets have in
'slightly recently but are about
fi bushels smaller than at the
tmvf u There was little ex
i business reported but the do
(W j Supply ls small and milling
^ and has held prices slightly above
t_ ex P°rt basis. No. 2 rye was quo
^l e cb)se tbe market, Sept.
„ a V Chica g° at $1.08 and at Min
" eap °hs at 98c to $1.01%. Rosen
ahonf°K tinue(1 to br ing a premium of
2 . Per bushel over ordinary No.
a».' n the latter market. No. 2
0 k v? rye f°r export was quoted f.
• b - York at $1.13%
m, CX)RN
Infi, e COrn market held very firm.
In n!' lce(1 somewhat by the advance
Price of other grain. The new
The
21.
Curbing the Growth of Weeds
,
. | |f| ■ [irr[1|T[l - in[rT . [[ _ | — | ^ |[n; ._. |inr ... | .-... j
T'n;c
that Sav Sc proce j 8 mvcnted by a Hawaiian planter
cron oroducer lDnliernanir S L g th rd fl n l ° * V |? y ^ Tu? u u P: to ' dat i
the P e?owth of weeds bS^n rn^c fl o°H ° f hlS , ga rf en ' w , hlch shuts °. ff
Ï;® 1 B t r h °; "ffn^Lne-fiFof t^ / e li mi t tS f th a real C f° P i to . &
{he S oil Charles FEcUït is Th,ÏÏ, Ï ÄT f 0nta lS T thin
in this picture The heavy naoer is imnretrnatrd
other advantages, this process eliminates^he hoe P ' m ° nS !
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ipy
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IautocastêrIs^
crop is approaching maturity in a
large part of the corn belt and largei
offerings of new crop coin for later
delivery tended to weaken the de
mand. In some sections trade repot ts
indicate that new corn is already be
ing used for feed locally and thereby
supplementing the suply of old crop
grain. Receipts during the week aie
somewhat larger at Chicago and Kan
sas City but demand was of suffi
cient volume to absorb the offerings ;
steady prices. Early offerings of
new corn were expected in the south- 1
western maikets. No. 3 yellow was j
quoted at the close of the week at
Chicago at $1.04 to $1.04g. No, 2
mixed at $1.04% to $1.05 and No. 3
mixed at $1.03 per bushel. No 2 yel
low was quoted at Kansas City at 96c
to 96 l /2C, No 2 mixed at 95c to 95V^c.
No, 3 yellow was selling at 95%c to
96c and No. 3 mixed at 94Vac to 95c.
OATS
The market movement of oats con
tinued of limited volume during the
week but demand was good and was
of sufficient volume to prevent any
material increase in market stocks,
An increased use of oats to supple
ment the short corn supply in the
north central states is reported by
the trade ami has been a strengthen
ing factor in the market. No. 3
white oats was quoted Sept. 21 at
Chicago at 41 %c to 43c, at Minneap
olis 39 5-8c to 41 l-8c and at Kansas
City at 43V£c to 44c per bushel.
BARLEY ,
Active inquiry for good malting
types of barley advanced prices 5c to
6c at Minneapolis and Dulutr and
gavera firm tone to the market
other points. Prices at Chicago were
not materially changed, best malting
quality being quoted at that market
at 65c to 70c per bushel, compared
with 66c to 68c for choice malting
barley at Minneapolis and 62c to 68c
at Duluth. Continued heavy ship
ments of barley by water were re
ported at the lattet market. Export
demand continues active. Exports
since the first of July have been al
most twice as large as for the same
period last season and totaled about
16,172,000 bushels. Export bids
domestic barley were around 85%c
f.o.b. New York, compared with 76c
per bushel fpr 46 pound Canadian
barley.
on
!
!
FLAX
Lighter offerings of flax, together
with unfavorable threshing weather
and threatened frost damage to late
sown grain, strengthened the flax
market during the week. September
prices were advanced GMc at Minne
apolis and 6 5-8c at Duluth. No. 1
fl ax was quoted at Duluth at lc to oc
over the September price and at
Minneapolis lc to 6c over the Mmne
apolis October price, which closed,
S e Pt- 21, at $2.14%. The Argentine
Bax markets were also higher, seed
for October shipment at Buenos Aires
being quoted at $1.66% and for Feb
niary shipment at the same price
Argentine seed c.i.f. *^ e . w Yoik was
at quoted at $1.82 2. Shipmon s fo*
ibe week were only about one half
at I of those of the previous week
b.
!
^
15^% VSr r /
»'
ECONOMICAL
DURA sattes in
longer service
-longer service, not only from the oil it
self, but from the car it protects.
Dura motor oils keep good body and lubri
cating quality after an unusual amount of
service. That's a saving in itself.
But more important, Dura oils furnish a
thorough protection against wear that adds
greatly to the resale value and life of your
car. There's a margin of safety in Dura that
saves manv a repair bill
»8
t?
oils
mmm
Westland Oil Company
«
W«*' -
TbtWU VTt PATiTTHAï O
PllWHx I j I |\j f Ul I S
V vVlllHULlJ
M V H mï in 7 IP A *70 ! an
N. Y REPUBÜCANS ,
11 1 ULd UULilUmiU i
New York—(FP)—Into the office
°f chairman of the New York state by
republican party, the power trust has i
shoved Pres. H. Edmund Machold 0 f 1
the Northeastern Power Co,, owners |
of the American side of Niagara Falls i
and would-be owners of American |
rights to the mighty St. Lawrence 1
river.
This huge power concern, tied in
with General Electric, exploits Niaga
ra Falls and power consumers of the
state tor its own Ijicratjve gain. It
was formed in 1925, riding high on
the crest of public utilities mergers j
of recent years from properties val
ued at $600,000,000 according to H.
S. Raushenbush and Harry W. Laid
1er, authors of Power Control.
Four million horse power is running ;
to waste in the rapids of the St. Law- j
mice live along the northern borders j
of New York state. It is the biggest ;
practicable unused water power site in
America—if the Colorado river be ex-j
eluded because of its remoteness from
industry. With St. Lawrence's 4,000,
000 harnessed, cheap domestic light
ing, cooking and heating eould be
come available through New York and
New England, as î t is noW in Ontario
where a public body controls the Ca
nadian side of Niagara. St, Lawrence
(harnessed would mean the probable
j return of New England to her form
atjer industrial greatness,
All these things may come to pass
but only with Machold's Northeastern
Power Co. collecting eventual billions
from power users of the northeastern
states. That is why Machold heads
the Empire State republican party.
buildings are under construction at
this place.
Four new business
Brockton.
Reboring and Regrinding
We. have installed a Reboring and Regrinding ma
chine. Bring in your motors and have them made
like new. All work guaranteed, at reasonable prices.
Don't forget we can recharge your Ford Magneto
while you are in town shopping, with the latest Colpin
magneto charger.
Plentywood Auto Company
SAYS LIVELIHOOD OF
15,(MIC,M INSECURE
Springfield, m*— (FP) —Frank
Morrison, secretary of the American
Federation of Labor, in a Labor Day
address, delivered under the auspices
of the Springfield Federation of La
bor, declared that American workers
face a "revolution bj the automatic
machine, electricity and science
sweeping workers into the streets."
Unemployment, he said, is the
foremost tragedy, reaching today not
less than three million persons willing
and unable to find work. This means
that "at least lb million persons, or
approximately one-eighth of our pop
ulation, are not continually assured of
food an( j shelter."
The automatic machine, Morrison
said, "has invaded every industry and
calling. Even agriculture is not im
muneffor bonanza farms in the west
can now operate their land with $6 a
engine operators cheaper than
they 00111(1 30 yea ^ ag ° when the
farm laborer was paid $26 a month
and his board. Land can now be
I
i
j
;
I
plowed at a labor cost of 27 cents an
acre and wheat , can be harvested and
threshed for a labor cost of 40 cents
acre " ,. .
He asserted that the coal strike was
due to overproduction, and that the j
organized miners had rendered a valu- by
able service to the labfir movement
refus i n g to acce Pt reductions in
wages that would stop only, with a
starvation rate. The textile industry,
?dded, wa . s suffering f rom °y er '
production, mismanagement and stock
watering which had been used to con
ceal excessive profits.
"Organized labor, said Morrison,
demands that-tnese industries be re
organized on a lasis in line with the
present era of efficiency and that
working hours be reduced to approxi
,ma ^®. an y , Wllb ..® automatic
machines. 1 his theory will be ac cept
ed when employers realize that their
automatic machines are producers,
b , T IV . consumers.
. Morrison indicated that the anti-in
junction bi.l drafted by 8>ena ors
99
"HELP WANTED
FROM D. B. C.
Firms engaging office help from
Dakota Business College, "always
come back for more^. Chevrolet
Motor Co. recently employed their
fifth "Dakotan"—Charlotte Bow
ers; Avery Power Machinery Co.,
their third—Frances Boomgarden;
State Bank of Gardner, their fifth—
Harvey Milton. Nearly 200 "Da
kotans" have gone to Standard Oil.
With D.B.C. ACTUAL BUS
j
j
| INKSS training (copyrighted—un
t
obtainable elsewhere) you start
work with experience, progress fast
Follow the $ucce$$ful". Late
Fall term, Oct. 1-8. Write F. L.
Watkins, Pres., 806 Front St., Fargo,
4 4
er.
_ _ __
I
'Orm .IvCW IVline Union .
While Violence Is Raging
_
By Anna Rochester, Fed. Press.
Pittsburgh.—Despite two efforts in
many days to break up their con
yention insurgent miners organized
the National Miners Union, adopted
a constitution, elected officers and
j a j(j plans for a national organization
campaign in a 2 day session.
Barred from Pittsburgh when city
police arrested their leaders and a
hundred delegates, the left wing min
ers moved outside city limits to Al
leghany county only to have their
convention broken up at its close by
the sheriff. He read a proclamation
forbidding all future meetings of the
new union in Alleghany county.
Pre s. John Watt and Secy. Pat
Toohey in brief speeches stated that
as a law abiding hotly, the convention
would adjourn, the foundation for the
new organization having been laid.
Outside the temporary convention!
hall 200 men described by Pittsburgh,
papers as Lmted Mine Workers,)
waiting alongside a long line, of auto-1
mobiles, were prepare u to attack the
j insurgent miners. Unlike the attack
by the same element at the Pitts
burgh session the day before, depu-1
Walsh, Blaine and Norris of the sen
ate judiciary committee, did not ful
lymeet the requirements of the in
junction situation, since it does not
clearly define what constitutes prop
erty.
AHATiÖN-Wföt
iHsrmmoN
r AY CASH
PAY LESS
NO BILLS
TO DISTRESS
STORE»
I
PAT LESA
t Wf,
99
quality—always at a saving
Plentywood, Mont.
tt
Thrifty S hoppers
Like to Shop Here Because
Their Search for Real Values
is Always Well*Rewarded
Novelty Suit
Frocks of
ft*
Today
*
The Little Man Will Look Man
lier Than Ever in One
The Kind
You Need
Charming
frocks to meet
the Fall will re
fresh y o u f
wardrobe.
Cor
Appealing style treatments,
duroy, Jersey and Cassimcres in com
binations. Some with slipover sweat
ers, wash or wool plaid waists.
î
I
f
I
I
Frocks
for Many
Occasions
Flat crept
and satin
fashions ap
peal ing modes
of cvf ry typo.
/
1.98 to 2.98
Pure Wool
Double Blankets
So Practical!
SiHc and Rayon Host
$ 0-90
Handsome, double plaid
blankets—of pure wool
$7.90
Eco
nomical,
too and
good
looking I
. Full
Fashioned
This hose is
ideal for gen
eral wear —
popular
colors.
Fashion ha* pailochti hot*
self into this Patent Siresi
she* with simulated Lizard
trim.
Square toes add distinction te
a Black Patent Tie, with
grained Mays of embossed
leather.
98c
$4.49
$4.49
The Economical Way To Purchase
Splendid Coats
1
Leads To This Worthwhile Selling
Considerable savings on coats of real quality attract thrifty
^. shoppers to our values—the styles are authen
__ PUd tic» the fabric will look and wear to your satis
faction. Each coat is representative of our un
usual buying facilities.
•9
ra
hV
i»'
S
rV
I
A
r
5
3
and
Two Mcei Within the Reach
Of All!
i
As usual, we bring values that we are
proud of to our customers—coats of superior
quality at two saving prices. We urge you to
see them for yourself—and soon, while thi
size and style range is varied.
ß
Women, Misses,
and Juniors
ties prevented violence. One man,,
wielding a 12 inch monkey wrench
was arrested
Cases against a hundred delegates
arrested in Pittsburgh for inciting tu
riot were d.-hmissed as groundh
Five jailed delegates were held tor
federal pi execution. Twenty five
were fined from $5 ro $25 each. The
Int. National Labor Defense will de
fend the miners.
The delegates are a cross section
Qf the <5,000 miners wno get out the ;
tonnage for American industry. They
come fnm Kentucky, Illinois, Indi
ana, West Virginia, Ohio, Maryland,
Kansas, Colorado, Iowa, Missouri and
Pennsylvania. American Legion men
with veterans of tne
.United Mine Workers, and at. least j
1 nne was pcr ' sVf! in the Knights
of Labor.
They have seen their pay shrink
ess.
i
|
j
j
SHIP YOUR GRAIN TO
HALLET 11 CAREY CO.
TEN EXPERTS TO SELL IT
265 CHAMBER of COMMERCE
MINNEAPOLIS
DULUTH
WINNIPEG
u
ing with slack lime and wage cuts.
Working conditions formerly set by
union agreements have broken down.
These men say that Pres. Lewis has
betrayed them.
Helena.— Building operations now
under way total $100,000.
pamoAMV
r t> I tiKoDiN LAJIVIm /VIN I
■
The Largest and Finest
Furniture Store In
Sheridan County
PLENTYWOOD