The Mason City Globe-Gazette from Mason City, Iowa on February 18, 1931 · Page 16
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February 18, 1931

The Mason City Globe-Gazette from Mason City, Iowa · Page 16

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Mason City, Iowa
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Wednesday, February 18, 1931
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16 MASON CITY GLOBE-GAZETTE HERE and THERE Was In Alpha, ORCHARD -- Paul Llddle spent Saturday and Sunday with his father at Alpha who is very ill. Cards to Be Played. DECORAH-- The Study club will meet on Friday at the home of Miss Selma Williams. Studies for this one meeting have been suspended and a card party is planned. - Bazar Is Announced. -- The Methodist Aid society plans to hold a supper and bazar Thursday evening, Feb. 26 at the Slide Easy Inn. Go to Des Moines. ORCHARD -- Elmo Vining and son, Walter, motored to Des Moines Monday. Mr. Vining went to consult an eye specialist. Taken to Hospital. NASHUA -- Mrs. Eugene Bond, who lives two miles southwest of Nashua, was taken to the Waverly hospital Monday for treatment for spinal meningitis, and her condition is critical. Building teased by Company. PREDERICKSBURG -- The Fredericksburg Implement company has leased the Liscum building north of Main street and will open an implement store Saturday. Ernest Hanan of Fredericksburg will.be the manager. Collects for Red Cross. WESLEY -- Mrs. John Amesbury who had charge of collecting funds MAD LAUGHTER * * * * * * A Thrilling Mystery Story By MILES BURTON (Continued From Comic ruse). the voice dispassionately. "Withput the energy to earn your own living honestly, or the courage to earn it dishonestly." "I've courage enough, if the opportunity came along," muttered Dick resentfully. "That remains to ' be proved, should the opportunity present itself," said the voice in a tone of scorn. "Now, listen to me. I could have my pick of a thousand men, with more courage and ability in their,, little fingers than you have in your whole body. But I happen to want a man who can pass for a gentleman and can speak like one. Is it so long since you were a gentleman that you have forgotten the art? "I don't talk altogether like the average cockney, do I?" replied Dick truculently. "No, your speech is in your favor, certainly," said the voice. "That is why I agreed to receive you. It would not surprise me, however, if your idea was to go straight to the police when you left here, in tho hope of cadging some reward from them. Believe me, you have my full permission to do so. Eut, if you will take my advice, you will do nothing of the kind. Such a procedure might wno nad charge of collecting funds have a most damaging effect upon in the Red Cross boxes among the your health." ' FEBRUARY 18 SWINEJRICES TAKE ANOTHER DROP LEVELS SET NEW merchants reported she made a collection of $12.60 which was forwarded to the Red Cross chapter at Algona to apply on the 5600 quota for Kossuth county. Will Entertain Thursday. S3-ILS ON--Those having birthdays in the first quarter of the year are entertaining- the TJ. B. Ladies aid society Thursday afternoon. Are From Minneapolis. . CARPENTER -- Mr. and Mrs Frank Carpenter, Minneapolis spent Sunday with her mother, Mrs Ida Tayler. Birthday Is Celebrated. HUTCHINS--The friends and neighbors of Harry Thompson celebrated his birthday. Is From Chicago. ORCHARD--Mrs. Leta Kroll arrived Monday noon from Chicago to visit her sister, Mrs. William Baker, and husband living- south of town. Woman's»Club Has Dinner. ALLISO.N--Members of tha Woman's club and their husbands enjoyed a dinner at Brown's cafe at Dumont, followed' by a theater party in Hampton Monday evening. Mrs. George Arnold and Mrs. Ralph McWhirte'r had charge of planning the dinner, while Eugene Owen, Dr. R. McWhirter and W. T. Davidson were on the entertainment committee. Hold AH Day Meeting. STILSON--The Boone township Farm Bureau had an all day meeting Tuesday. .The district leaders in --·nutrition work.served the dinner. Is From Cedar Rapids. CARPENTER^--Paul .Galvin, Ce.. ttar Rapids, .visited his cousin, Miss Marie Richie, high school teacher. Are RockCord Guests. ROCKFORD--Mr. and Mrs. F. VermUya and Mrs. D. J. Johnston. Charles City, and Mrs. William Baird, Ottumwa, were guests in the W. G. Wilson home Sunday. . Sells 51 Duro'c Hogs. , N A S H U A--William T u c k e r , farmer .east of Nashua, sold to thu Farmers' Equity association 51 head of Duroc hogs. They averaged S60 pounds each. At $5.80 a hundred they brot Mr. Tucker $1,065.46. Cooking" School Manned. SWEA CITY--Miss Clara Spenee will conduct a cooking school nere in the Legion hall Thursday, Friday and Saturday.. Come From Fargo. ORCHARD--Gordon Randlett of Fargo, N. Dak., is visiting _his nieces, Mrs. Dennis Clark and Mrs. John Love. He is connected with 'the agricultural extension department of North Dakota. Mr. Randlett taught school in Mitchell coua- ty 40 years ago. Club Is Entertamed. ALLISON--Misses Maxine Codner and Faith Feltus entertained the Do-R Best club at the home of the former. Prizes were won by Norma Werner, Pearl Roelf and Marian Hough. Are Parents of Son. WESLEY--A baby boy was born to Mr. and Mrs. Elmer Johnson Tuesday morning. Revival Meetings Start. STILSON -- Revival meetings started in the II. B. church Sunday. Infant Son Is Burled. ARBDALE, Feb. 18.--Kenneth LeRoy, 3 weeks old son of Mr. and Mrs. Steve Molencamp, died Monday morning. He leaves his parents, three sisters and one brother. Funeral services were held Tuesday afternoon at the home by the Rev. Mr. Clark of the M. E. church and burial was in the Dumont cemetery. LET US EXECUTE YOUR ORDERS for listed or unlisted SECURITIES on any Stock Exchange Investment Department FDIST NATIONAL BANK Mason City There was a suggestipn of such menace in the voice that Dick shuddered in spite of himself. But before he could reply, the voice continued. "Perhaps, tho, you are afraid of the police. I have no doubt that there are many acts of petty meanness' on your conscience which would not bear inquiry. A most unpleasant predicament. But do not imagine for a moment, that I share your fear of the police. I have always found them the most estimable body of men. I believe, however, that some of the men who obey me have been unfortunate enough to get on the wrong- side of them, and they might resent any communication between you and their natural enemies. I have frequently been amused by the results of their resentment." (TO BE CONTINUED) 21 Attend Meeting of County Medical Society . About 21 attended the meeting of the Cerro Gordo Medical society at the Park hospital Tuesday evening. Papers were read by Dr. George N. Crabb, Dr. H. D. Fallows, and Dr. H. D. Holman: Dr. Lund of the Chicago, Milwaukee, St. Paul and Pacific sailroad medical car stationed here this week was a guest. Following the meeting a lunch was served by the nurses of Park hospital. 1931 LOW POINTS Cattle Gets Off to Lagging Start; Sheep Demand High Prices! CHICAGO, Feb. 18. (ff)--Another drop in swine prices carried levels under the season's previous low point and set new low marks for the top and average since the summer of 1924. Poor demand coupled with a good sized local run of 27,000 brot 15 to 25c lower bids. Buyers of good lights and butchers sought toppy kinds at $7.50, and packers wanted their droves well under 57.00.' Killing plants reported 6,000 hogs received on direct consign mcnt and 5,000 stale hogs were carried over unsold from the previous - . ' . Trading in the cattle alleys was controlled to a great extent by developments in the beef market. Out- 'et has continued narrow, and consequently packers have been indifferent. Receipts of 11,000 in the local yards were considered excessive and weaker prices were offered. | Consumptive demand for veal has ' been only fair and has given indication of falling off. This was reflected in the fall trade, which had a poor start with few buyers on hand at the start. The slim" run of 5,000' sheep and Iambs was . not even sufficient -for normal shipping- demands. Eastern buyers having taken twice that number last Tuesday out of the local market. Buyers failed to respond to the sharply higher prices demanded at the opening but a clearance at improved prices was inevitable. choice klnda largely $10.50; closely sorted HOGS 18,000; opening I5-25C lower than Tuesday; most 170-210 Ib. weights S6.75SP 7; top S7; 210-250 Ib.. averages unevenly 58.S5JJ6.7S; early sales and bids on 250-350 Ib. weights S3.7506.25; sows mostly 55.25; bulk pigs 57.50; average cost Tuesday X6.S1. weight 240. SHEEP 2.500; few early bids fat lambs strong to 25o Higher; bidding up to 58.50 on best led westerns; asking around 53.75; quality considerably improved; ewes scarce, salable steady. KANSAS CITY IJVESTOCK. KANSAS CITY. Feb. 18. lilt--U. S. department of agriculture-HOGS 6.000; 280 direct; alow, 15-25c lower. Top $7.25 on good to choice 140-160 IDS. ; good and choice 140-160 Ibs. 56.90^7.25; 160-180 Ibs. 50.85@7,15; 180-200 Ibs. 56.85® 7.15; 200-220 Ibs. S0.50®7.10; 220-250 Ibs. S8.25®6,80; 250-290 Ibs. 55.00®6.40; 290350 Ibs. S5.75@6.1S; packing HOWS 275-500 Ibs. 55.15g5.05; stock pigs, good and choice 70-130 Ibs. 56.25©6.75. CATTLE .5,000; calves 600; fed steers, yearlings and fed heifers slow, tending lower; other classes little changed. Steers, good and choice 600-1100 Ibs. 57.505J-11;-1100-1300 Ibs. S7.75@ll; 1300-1500 Ibs. S8B11; common and medium 600 Ibs. up 555i8; heifers, good and choice 550-850 Ibs. S6.50SP9.SO; common and medium 550-850 Ibs. S4.25Q' 6.75; cows, good and choice 54.50(36; common and medium 53.50^4.50; low cutter and c u t t e r S2.5003.50; vealers (milk fed) medium to choice 56®'10: cull and common $4W 6; sLocker and feeder steers, good and cholc~e (all weights) S6.25@8,50; common and medium (all weights) 545(16.50. SHEEP 9,000; lambs active, moftly 25-35C higher; odd lots sheep steady; top fed tombs to shippers 58.73; lambs, good and choice 90 Ibs. down SSSS.75: 'medium 90 Ibs. down S7Jt'8; common, all weights $5.25©7: ewes, medium to choice 150 Ibs. down 53®4tso. GRAINS MADE TO AVERAGE LOWER Selling of Wheat Into Store to Fill Futures Contracts Bearish Factor. CHICAGO, Feb. 18. /P)--Selling of wheat into store here for delivery on futures contracts did a good deal to make grains average lower today. The Washington weekly crop summary, too, was construed as bearish. Friends of higher prices were also handicapped by meagerness of export demand · for wheat from North America. Wheat cloaca Irregular. 1,50 lower to a shade un. May old 82Sc, July 6S44®«c- corn i.i@?»e dawn. May old 64%fS-\ic July 6 6 H @ % c ; oats at a shade decline to ·AC gain, end provisions 2c to 20c off Commission houses and recent speculative sellers bought corn futures on price rallicB Primary arrivals or corn, tho larger than a week ago. were considerably under the total at this lime last year. Cash corn purchases In Chicago today aggregated more than 325,000 bushels. Market Notes BY TICKER TAPE LIVESTOCK FORECAST. CHICAGO, Feb. 18. (/D--Official estimated receipts tomorrow: Cattle 5.000, hogs 34,000, sheep 11,000. LIVESTOCK FORECAST CHICAGO. Feb. 18.--Estimated receipts of hogs, 33,000; cattle. 8,000; sheep, 12,000. Representative Sales CHICAGO, Feb. 18. (/T)--Representative sales selected by the U. 3. department of agriculture- Heavy-Local Hogs New Scout Patrol Is Organized at Garner GARNER', Feb. 18.--A new patrol, the Panthers, was initiated by troop 19 at the hieeting of the Boy Scouts Monday night. Tne leader is Robert Denny. New members are Robert Van Tris, Robert Quintus, Harold McCormick, Gregg Karmen, Warren Suckow and Orval Braeger. Each member of troop 19 is to make a bird house for the next project. Prizes will be given at the close of the contest about March 30. SHEFFIELD WINS i DOUBLEHBADEK SHEFFIELD, Feb. 18.--Sheffield defeated Alexander in a. doubleheader basketball clash here Tuesday evening. The boys won 42 to 15 and the girls won 30 to 12. MASON CITY, Feb. IS.--Best sorted lights, 180 to 230 Ibs., $6.60,; best medium weight butchers, 243 to 260 Ibs., $6.10; best heavy butchers. 270 to 300 Ibs., 55.80; best prime heavy butchers, 310 to 350 Ibs., 55.60; best packing sows, 300 to 350 Ibs., 55.30; best heavy sows, 360 to 400 Ibs., 55.10. 326 311 284 272 261 254, 193 100 183 ]71 164 Mediums -51 217 66 242 84 233 57 221 7D 212 S3 202 _ Native Lambs -- KENSETT WINS FROM THOMPSON KENSETT, Feb. 19.--The Ken- set boys won from the Thompson regulars 15 to'9 in a fast game in which both teams showed good defensive play. Kensett's victory came as a surprise, for, two of the regulars are out of the lineup. J. Boyette and O. Brunsvold have been replaced by freshmen and sophomores on acount of injuries and sickness. HayHeld Wins. HAYFIELD, Feb. 18.--The Hayfield Red Devils played the Hanlontown basketball five on the local floor Monday evening. Ersland was especially "hot," scoring 22 points. The final score was 45 to 30 in favor of Hayfield. The local aggregation has had a successful season and will meet the Diamond Bread five at the tournament at Mason City Friday evening. FLOYD SPLITS BILL WITH LITTLE CEDAR FLOYD, Feb. 18.--The Floyd Bulldogs trounced the Little Cedar cage agregation here Tuesday night by a score of 51 to 23. The Little Cedar girls team played the Floyd boy's second teams and won by a score of 25 to 24. DO YOU NEED MONEY? Our personal loan department offers good service and reasonable terms. C. E. Brooks Co. 1st NatI. Bk. Bldff., Ph. 280 Y. W. C. A. Elects New Officers. AMES, Feb. 18.--The Iowa state college Y. W. C. A., has elected new officers who will take over their new duties at the he^nning of the spring quarter in March. They are: President, Mary Beard, Ames; vice- president, Thelma Eldredge, Des Moines, and secretary, Sarah Melhus, Ames. Former Resident Is Killed. HUMBOLDT, Feb. 18. OT)--Word has been received here of the death at Anchorage, Alaska, of Henry Wallace, a graduate of the Bradgate high school and a former Humboldt county youth. Wallace, who also was graduated from Iowa State college at Ames, was killed by an explosion while working as a ·J government engineer, CHICAGO LIVESTOCK. CHICAGO. Feb. 18. (.T)--U. S. department of agriculture-HOUS 27.000, 6,000 direct; 25-40C lower on light weights; 10-25c off on weights above 220 Ibs. and packing BOWS; lop S7 SO' tulk 140-200 Ibs. 57.25517.40; 210-320 Ibs! ?6.20©7.25; pigs $6.25(317; packln B aowa S5.404P5.85. Light light, good and choice 140-160 Ibs. 57.25®7.50; light weight 160200 Ibs. S7.20S7.50; medium weight 200-2SO Ibs. te.50Sp7.40; heavy weight 250-350 Ibs. «6.20®B.G5; packing BOWS, medium and goad 275-500 IDs. S5.40g6.00; slaughter pigs, good and choice 100-130 Ibs. S6ST6.25. CATTLE 11,000; calves 2,000; few early sales fed steers and yearlings 25c lower; moat bids 25-50C o f f ; not enough done to establish a market; best yearlings early S10.50; few loads weighty steers J9@10 with Sll bid on choice offerings; excessive sup- Ply yearling heifers here, but relatively fe'.v cows. Slaughter cattle and-vealere: steer's, good and choice GOO-SOO Ibs. J8.25®11.75; 000-1100 Ibs. S8.50g12; 1100-1300 Iba. JOgi 12; 1300-1500 Ibs. S9O'l2; common and medium 600-1300 .Ibs. S5.50B3; heifers, good and choice 550-850 Ibs. STS'10; common and medium S5.50®7.75; cows, good and choice 54.50(16.50; common and medium !3.50ij 4.50; low cutter and cutter ?2.755^3.75; bulls (yearlings excluded) good and choice (beef) 54.75(50; cutter to medium, S4(fJ4.75; vealera (milk f e d ) good and choice {8.50® 11; medium S7O8.50: cull and common 55 @7. Stacker and feeder cattle: Steers, good and choice 500-1050 Ibs. 56.75(38.25; common and medium 54.75(gt7. SHEEP ol.OOOr 'strong to unevenly higher; few good to choice Iambs S8.25tff8.70 to packers. Including; heavies; top J9; some held higher; heavy feeding and sheering Iambs 57.50. Slaughter sheep and lamba: Lambs, 00 Iba. down, good and choice 53.25 @0.25; medium !7.25«T'8^5; fll-100 Ibs. medium to choice S7®9.15; all weights, common 56^7.25; ewes. 00-150 Ibs., medium to choice S3.25@4.75; all weights, cull and common 52^3.75; feeding lambs, 60-75 Ibs., good and choice 57.75@B.25. BIOUX CITY' LIVESTOCK. SIOUX CITY, Feb. 18. (yT--U. B. department of agriculture-CATTLE 2,500, calves 100; beef steers and yearling market not established; most bids weak to lower; fat she stock about steady; bulls and vealers strong; alockcrs and feed- trs dull; two loads around 1,300 Ib. beeves 59; some held higher; hulk salable around 1708.25; scattering lots short fed 'heifers 56.75 down; bulk cows ?3.75gl4.30; practical vealcr top S9.SO; heavy beef bulls S4.50®5. HOGS 12,000; 300 billed thru; slow, 15-25c Inwer than Tuesday's average to shipper*; opening packer bids 25 cents lower; 150-180 In. butchers largely 56.755? 7; top J7.1U; sparingly: 200-230 Ib. welRhta 5lj.25jii6.75- 240-270 Ib. weights S6.10tjJO.15; 280-310 Ib. weights 56(36.15; packing sows largely $5,25 ®5.50: few 5S.65, 10-15C o f f . SHEEP 4,000, very little done; shippers bidding 58.50 for few choice medium weight red wooled lambs or atout steady; aged sheep and feeders quoted around steady; fat ewes salable 54.90 down; best feeding Iambs up to J3. O:\UIIA LIVESTOCK. OMAHA, Feb. is. ijr--U. S. department of agriculture-HOGS 18,000: 250 direct; very slow; early sales and bids 15c, mostly 25c lower; top 57 on 170-190 Ib weights; early sales 170-200 Ib. lights SO.750'7; bidding S6.4086.75 on 200-220 Ib. butchers and 38.IOgG.40 on 220250 Ib. averages, and $5.7506.10 on 250-310 Ib. weights: packing sows S5.255?3.35; average cost Tuesday S6.31, weight 254. CATTLE 5,800; fed steers and yearlings alow; better grades steady; others weak; she stock slow, steady; medium bulls strong; heavy fat bulls weak to 25c lower; vealers steady to strong; stackers and feeders scarce, steady; fed steers and yearlings $7rJ 8.75, few loads 5 n @a.50: 1.276 pound weights $9.75; heifers S5.75@7; few lots $7.25^7.60; bulk beef cows S4@5.25; cutter grades S3SJ3.75; medium bulls J3.75©4.25; few heavy fat hulls 43.75; practical ton vealers $8.50; choice lots to Independents and order buyers $9. SHE15P 10,009; 3.000 in 'transit: iambs mostly 25c higher: sheep and feeders steady; hulk fed wooled lambs $8.25(ff8,50: early top 58.60; some held higher; best ewes 54.75; mixed, fat and feeding lambs to dealers 52 21- 2t 20 38 26 S9 92 90 85 77 78 87 90 95 112 1309 1030 1280 1310 1275 1350 1280 1100 1237 1340 1170 1200 1300 1210 1130 1060 1240 1020 9BO IIOOS. ·Lights-- 6.20 81 6.25 74 6.40 88 6.40 63 6.50 91 6.GO Llgllt 52 6.65 37 6.T5 59 6.85 27 6.05 7.10 7.25 SHEEP. Fed Westerns-- 155 148 142 131 7.35 7.40 7.35 7.35 7.40 7.25 7.35 CHICAGO CASH GRAIN. CHICAGO. Feb. 18. (.-n-- Wheat No. 1 hard nl@mc: No. 3 hard 75yiC; No. a hard 69c; No. 1 northern spring 78@79!*c- No. 1 mixed 78^9. " ' Corn, No. 3 mixed 60c; No. 4 mixed 58 ; No. 2 yellow 63c; No. 3 yellow 60 : NO. 4 yellow 5SfT59y,c: No. 5 yel- tifoSc; No. 6 yellow 55iio; No 2 while 65c; No. 3 white 60S?83c; Nc. 4 white 59HS60c; No. 5 white 59c; sample grade 52c. Oats, No. 1 while : No. 2 white . 32i/,sj)y,c; No. 3 white 32140; No. 4 white 31c. Timothy seed S8.75?f9. Clover seed 513@20.75. Lard 7.95: ribs 10.75; bellies 10.50. MASON CITY GRAIN Barley MASON CITY, Feb. IS.-- One of the largest operators was credited with offering stocks In volume Tuesday. He concentrated on a number of the pivotal issues and this served to unsettle the entire list. Automotive accessory stocks were one of the few that were able to resist the late selling notwithstanding the sagging tendency m General Motors, which has been leading the advance in this group. Demand for these Issues was stimulated by Detroit advices that -output of automobiles In February would show a sizable gain over January, Loews' met with selling on disappointment over the failure of directors to declare more than the usual dividend Altho they were in line with general expectations the regular dividend declarations by the Texas corporation and the Chrysler corporation provided some of the bright spots. STILL JMIiKET FACTOR The bonus bill promises to remain a market factor now that amendments have been proposed. It Is felt that this will tend to prolong the settlement or this situation which was apparently losing Its force as it relates to the stook market. News from the nteel Industry indrcates that a reduction of probably 1 per cent would be reported In operations by the steel trade reviews. Hardly anyone expects any real Improvement In the Industry until the second hall of the year, so the trend In the meantime will probably have little effect marketwlse Altho the increase has only been moderate, steel operations have shown a gain In every week so far this year, with the current rate around 52 per cent of capacity as against 80 per c e n t at this time last year. BALANCE SHEETS CLOSELY WATCHED Traders are giving more than ordinary attention to balance sheets these days. A case In point was 'Congoleum-Nalrn Tuesday which was bought on the revelation that current net assets were In excess of the price of the stock. Earnings, however, showed a . , substantial recession for the year. A f t e r 9.00 210 8.90 245 8.75 136 S.50 400 8.2A 450 91 92 93 102 107 8.00 Fat Ewes-75 22 7.SO 10 7.15 8 7.00 35 9 CATTLE. Heifers-11.25 38 10.00 21 10.25 30 M.15 52 10.00 41 9.85 IT 8.15 14 9.70 Cows-9.40 17 9.25 13 9.00 9 8.7(i 12 S.6U 7 8.25 8.00 7.75 7.51) 7.25 7.00 115 120 139 140 101 694 910 730 070 7BO 810 700 1180 1115 1040 1010 960 9.00 8.95 8.90 B.S5 8.35 5.00 4.75 4.no 4.25 4.00 8.50 8.25 8.00 7.75 7.00 6.50 6.25 5.75 5.00 4.55 4,35 4.00 Oats ......................... 23c Shelled corn, No. 4 Ear corn GrainFuiures WEDNESDAY GRAIN CLOSE CHICAGO, Feb. 18. I.-T)-- Hog Markets By THE ASSOCIATED PRESS Hog prices at Iowa markets Wednesday CEHAH RAPIDS--Prime hogs: Mediums 55.80116.30; heavies $5.50(35.80; lights 55.55 (§6.75; packers S4.85©5.15. DES lanoiEs--3,800: ID to 250 lower; prime lights «.30®G.90; prime mediums 56.25*56.70; prime heavies $5.65@6.35; good packers 55175.75.. OTTUMWA,--20c lower; 120-150 Ibs. S4.45; 150-170 Ibs. S5.B5; 170-220 Ibs. 56.40; 220260 Ib3. S6.15; 260-300 Ibs. J5.85; 300-350 Ibs. 55.55; over 350 Ibs. S5.25; good packers 55.05: fair packers 54.05. WATERLOO--Prime bogs $B.15®6.5i; mediums 55.60^6.20; heavies $5.20tI£B70' packers 54.70@5.20. COMBINED HOC HECEIPTS. EES MOINES, Feb. 18. /ii-- U. S. department of agriculture -Combined hog receipts at 23 concentration yards nnd 7 packing plants located in Interior Iowa and southern Minnesota for ths 24 hour period ended at 10 a. m. today were 35,500 compared with 22,800 a week ago. Afarket 15c to mostly 25c lower than Tuesday's average: prices at .some stations '25- 35c lower; receipts of liberal proportions; bulk of 170-230 Ib. weights $G.4d'3'6.feO; choice 160-100 Ib. selections up to 57 at a few stations; 240-280 Ibs. S5.85©6.25; big weight butchers ranging down to 55.60. Quotations for good and choice: Light lights, 140-160 Ibs. 50.254B7; light weights. 160-180 Ibs. S6.40®7; 180-200 Ibs. S6.40S' 7; medium weights, 200-220 Ibs. S6.40JP6.W); 220-250 lb«. S6©6.05; heavy weights, 250200 Iba. S5.801J16.25; 200-350 Ihs. S5.60®5.00. Good packing sows, 275-350 Ibs. 55.15® 5.60; 350-425 Ibs. 55^5.25; 425-550 Ibs. $4.85®5.10. HOG FUTURES. CHICAGO, Feb. 18. (.Tl-- Hog futures: Crnde LIGHTS -March April May MEDIUMS-March (1st half) March (2nd half) April HEAVIES-March / Offered 8.25 9.00 9.00 7.50 810 8.10 MISCELLANEOUS SOL'TH ST. PAUL LIVESTOCK. SOUTH ST. PAUL, Feb. IB. Ijn--V. S. department of agriculture-CATTLE 2,300; very slow: general undertone weak to lower on ftll clujes; practically nothing done as y e t ; best choice steers I)«Id around $9; b u l k all weights salable 56.5008; beef cows 53.75ft4.50; hutchcr hel/ers $5f?3.23; bulk all cutters $2.SO((?3.25: shelly kinds 52.25, or 2RC lower; bulls steady, bulk S3.23f?4; practical ton 54.25; feeders and stackers unchanged. Calves 4,200; veal- ers steady to weak; bidding down to »8 on Usht offerings of good sradei; buBc $8.60; POTATO MARKET. CHICAGO. Feb. 18. 1,11-- U. S. department of agriculture-Potatoes, 100; on track 263; total'U. S. shipments, 848; about steady, trading alow; sacked per cwl., Wisconsin round whites 51.303i1.35; fancy shade higher; ungraded $1.15@1.2IS; Idaho russets il.50JM.60; No. 2, 51.20^1.30; occasional sale S1.35; Colorado JlcCIurea 51.ro@1.75; fancy 1.00. CORN-- » Mar. old new... May old. ... new.., July Sept WHEAT-Mar. old.... n e w . . . , May old new.... July Sept OATS-Mar. old new.. .. May old new.. .. July Sept RYE-Mar. old neiv.... May old new.... High. -63K .65% .66% .07V4 · 665s -79 « .78)4 .82% .63% .6851 · 6S-H .33% .33% .39% .42% July LARD-Mar May July BELLIES-May 10.50 July S.OO 8.20 8.32 · 62 U .172?; ·79% .33 .33V1 .32Vi · 39% 7,»T 8.12 8.27 10.1:5 10.50 '·70W .7014 ·82% · 8311 · 68% .6811 · 32K .33 · 33V, ·33Vi .32% · 42 % 7.97 8.12 . 8.2T 10.45 10.50 .89% Close Yr. Ago. CORN-Mar. old 83vl new May old. 87^3 new July S9W Sept WHEAT-Mar. old new..... old new July Sept OATS-Mar. old new May old new July 4314 Sept 4214 RYE-Mar. old 8014 n e w . . . GRAIN OPEN CHICAGO. Feb. 18. May 1.14K, 1.10% 1.17'i .4314 May old new... July Sept LARD-Mar May July BELLIES-May July .78 VI .79Vi Close Ycs'd'y. .62-11 .6314 · .(S .85% · G6?i · 60S · 79% · 79% · 82'.1 -S.1',1 ·68% .68',4 · 33 !i .32'i .3214 · 41% ·42% ..10.70 ...10.80 ..11.05 ..13.50 -.13.85 10.60' 10.70 Today. .04 Tl .65% · 79H .70i ·82 S .83% .68 'A .68'f, ·32% ·3ny t · 33U ·32% .41 ft fi.OU 8.17 S.30 10.50 10,60 OMAHA GRAIN. OMAHA. Feb. IB. (,Pl--Wheat--Hard No. 1. 60jf70c; No. 2, 6S'.ic; durum smutty No. 3. 63c: mixed No. 3, 64c. Com--White No. 2. 55c: No. 3 and No. 2 mixed, 53c; yellow No. 3, 54W5414C. Oats--None. ^ MINNEAPOLIS OIUI.V MINNEAPOLIS. Feb. 18. T)-- Wheat 210 cars compared lo 149 year ago; market unchanged; cash, No. 1 northern and No. 1 ?ffl I ^S rlhern "· " " nnd 15 Per "nt 73VS«T77He; No. 1. dark M o n t a n a 14 per cent and to arrive 7115®73!ic; No. 1 am- 72 Jf« 75 !' c : N O- 2 amber durum deducting 51,473,300 for funded de'bt and 51,356.700 for the preferred stock, the net current assets of the company totaled approximately 514,500.000. the equivalent at slightly more than '510 a share for each or. the 1.414,351 shares outstanding. During the year the company purchased 22G.675 shares of Its common stock in the open market at an average price of $11 a share, reducing the total from 1,641,026 shares at the end of 1823. TAKE BULLISH STANT ON ALLEOHANY CO III'ORATION Stock of the Alleghany corporation, the Van Swcrlngen investment company, has shown a tendency to forge ahead attcr moving within a narrow range for several weeks. E. F. Hutton and company, who have taken a bullish attitude on the stock for the long pull, point out that In the last few years buyers have bagun to realize the benefits of holding the common stock of the lost of a . chain or holding companies, "In each case," the firm says, "the senior securities play a rote equivalent to 'margin' In a stock account. The effect Is to throw the entire beneHts of gains In earnings and values on to the common stock of the last company In the chain. J FAVORABLE BALANCE IN FOREIGN TRADE The fact that merchandise exports were 36 per cent in excess of Imports as against 32 per cent in the same month of last year was perhaps the only reassuring Item in the commerce 'department's figures for January which showed the smallest exports and Imports or any month In several years. Exports of merchandise declined to 5250,000,000 for the month from 5411,314.000 In January last year white Imports receded to 5183,000,000 from S310.0S7.000, leaving a balance favorable to the United Slates of 557,000,000 aa against 5100.327,000 lost year. In December of last year exports totaled S270.807.000 and Imports J208,.72I,000. LAMSON BROTHERS GRAIN LETTER KANSAS GRAI.V KANSAS CIT5T, Feb. 18. (.pi-- Wheat 151 rV^""^ No ' 2 "ark hard 69^70=- GRAIN MARKET REVIEW WHEAT--The trade gave the foreign news considerable attention. Canadian and Argentine offers at Liverpool were higher, and the Liverpool market was steady. European supplies are low for this time of the year and import buying is expected to be larger from now on, and especially so should the weather turn more winter like. Millers are still buying in hand to mouth fashion there, while southern hemisphere shipments are not up to expectations. About 400,000 Manitoba wheat was taken today for export. The announcement that the stabilization corporation would take March contracts was ignored. No rain of consequence was shown in the territory west of the Mississippi river and no change is indicated in prevailing unseasonable temperatures. Canada needs moisture. Any further bullish news from abroad would likely advance prices here. CORN--Demand for corn at leading terminal markets was less aggressive today and this perhaps was the chief factor in today's price movements, which were unsettled Demand' at Chicago, howeyer, wat fairly good. About 56,000 corn and 133,000 bu. oats were taken to move out. At the same time offerings from the country were small. Corn booked to come from other terminals amounted to only 20,000 bu Corn is now about 25 cents a bushel under last year with the crop about 530,000,000 less than the .previous outturn. Feeding of the crop began early, but is not as large as usual, due to the unusually warm weather this winter. Would hold to a trading position for the present with a preference for purchases on setbacks. Liverpool due unchanged to J /ic higher. BUSINESS NEWS CHEERS MARKET Stocks Recover Ground Lost in Tuesday's Sharp Setback. NEW YORK, Feb. 18. (/P-- The stock market was refreshed by the mildly cheerful tenor of the midwest business statistics today, and quietly recovered the ground lost in yesterday's sharp setback. Trading was rather active in the first hour and the list rebounded briskly for a time. Activity was on a diminishing scale as the 'session wbre on, but prices worked steadily higher. Bulls appeared a little sobered by yesterday's' setback, but since it did not exceed the proportions of a technical correction such as normally mark the course of a rising market, they were not discouraged. Utilities, particularly the Electric bond and share issues, motor and accessory issues, foods and coppers, displayed group strength. American Can Leads. American Can was a leader, pushing up 4 points to a new high for 1931. Other issues rising about 4 or 5 points included J. I. Case, Allied Chemical, Eastman, American Water Works, Columbian Carbon, Stone. and Webster, and General Asphalt. Shares up 2 points or more included U. S. Steel, American Rolling Mill, General Electric, National Power and Light, Electric Power and Light, American and Foreign Power, Consolidated Gas, Westinghouse Electric, Studebaker, Briggs, Borg Warner, Stewart Warner, Continental Can, National Biscuit, Penlck and Ford, and General Foods. Ken- necott and Anaconda sold up more than a point each. Auburn shot up 6, then reacted.. The improvement in the motor and related issues reflected reports of further quickening of activity by automobile producers, resulting in rush orders for steel products. Accessories Bid tip. .In the motor accessory shares Briggs and Borg Warner, bid up in response to further rumors of Ford's progress in preparing a new eight-cyliner model for the market. Both companies are expected to receive valuable contracts, Borg Warner providing a "free wheeling" device. STOCK LIST NEW YORK STOCKS. NEW YORK, Feb. 18. /T) Final Quotations. Air Reduo 98 Johns Mnnv Kelvinator Kennecott Allegheny ll Al Ch Dye 164 AHIs Chal Mfg 3S Am Can 11911 Am Car Fdy 33 * Am Com! Al 12 K Am For Pow 40 V 70 11 ti 2751 27 Am Intl Am Loco Am Pow i, 21% 23 !4 53 Am Had St San 18«i Mack Am Roll Mill 33^1 Math Alkali Kresge Kroger Lehlgh P c LIES My B Loew's Loose Wiles Lorillard Louis G E A 3214 ITIs 87 ?i 60S 53 ley, Am Sm Ref Am Steel Fdrs Am Sue Ref A T T Am Tob B Am Wat Wks Anaconda Arm ol 111 B Atchfson All Ret Auburn Aviation Corp B 4 O Barnsdall A. Bendlx Av Beth St Borden Borg Warn Brlggs Burr Add Cal Hecla . Can Dry 50',4 28 52 V, 193 117 .69!i 38J4 199' 21»; 188 « 4V1 8 3 VI 12 is 2,1 60 7i 72 Yj 29 K 20',i 20T4 35 May D S McK Rob Mex Sea Oil Mid Cont Oil M K T Mont Ward llorrell Mot Wheel Nash Nat Bis 25% 34 Vt 14% 16-M 15 23 51 2.1% 58 16',i 34',; 81 Nat Cash Ho A 34 f , Nat Dairy N°a Pow li Nat Tea. N Y Central NY NH 4 H Nor W No Am No Pac Oliver F Otis St Pac G E 35 Packard 4414 Para Pub 110'; PaUic 45 Vb 120 87 VI 212;'. 47 7k 10(4 48 V, Cerro de Pasco 26',!. Penlck fc Pord 4471 dies o 4314 Penn ll£ Chic Gt W pf 23 Phil Pet las: C N W 43 Pills Fl 20 C K I p 61 Proc Gam 70 Chrysler 21U. Pu Ser N J 85 Coca Cola. 162 Puliman 52 T4 Col Fuel Ir 28% Radio igi; Col G i E 391; Ead K O 21 ii Chi Mil St P 7ft Rem Rand Chi Mil St P pf 13 w J*eo Col Grapho """ Coml Eolv Comwlth So ConEoleum Con sol Gas Contl Can Contl Ina Contl Mot Com Prod Cudahy Curtiss Wr Deere pf Drug Inc. Du Pont Eastman El Pow . L Eng Pub Ser 10 11 49V, 311 66 44 te 22 70 03 35 Fox Film A Freeport Tex Genl El Gen Foods Gen Motors Gen Pub Ser Gillette Gobel Gold Dust Goodrich Goodyear Grah Paige Granby Gt No I Ore ctf 21V 36% 38 43% 54 41S 1914 31 H S 37% 17 VI General Asphalt was strong in response to news of a favorable decision in its suit brot against Royal Dutch in London to collect royalties which It claims are due from its Venezuelan propreties. Oils generally were sluggish. Money was a little easier. Call loans were officially at 1% per cent, but outside funds were offered at concessions for the first time this week. Curb Market Gt W Sugar Grig O;m Hahn Hartman Houston Hudson Hupp 111 Cent Ind Ret Int Comb Eng Intl Har Int Nick Can I T T Rep Stl Rey Tob B Roy Dutch St L San P Bears R Shell U Simmons Sinclair Sftelly So Pac So Pr SUK So Rail Stand- Brds St G E St Oil Cal St Oil N J St Oil N Y Stew Warn Stone Wed Studc Superior Oil Tex Corp Tex Gulf Sul Tim Roll B Union Carb Un Pac Unit Alrc Unit els Unit Corp Unit O E U S Ind Ale U S Itub U S Smelt U S Steel 45 V» 40}! 18 12% 10 7 A 14-X 61 ID 72 ·J9 48 "i 25 18 44 'A 23% 114 33« 54 64 201 23 « 30'fc 65 r, 14 Vi 20 '/i 145 S S'.k Ut P Lgl A. 28 6 53 li 21 56 16=i 31 Vanadium Wabash Ward Bah A Warn Fix W Mary West Air West E Mfg Willys Ov Wooltvorth Wrigley Yell Tr Young s W 24ii OS 19 22 34 Vt 96 M 5% 62% 72i.i CHICAGO STOCKS. CHICAGO, Ffib. 38 im- · Cell Pub Ser A 18 -, Xfid-W ftll iftt Cities Service 1«14 7% Produce .* M 7i : . 4c M white """""illy 6 9 7 0 = : No. 3 7/' t "'*ani;=l to Ic higher; 6',tc; No. 3. 63i!«?54»i.,. jj' 1 2 y.llow 5S'/,c; No. 3, siwsSc- No i mlrS nominally S3 VS ff 84 * c' : NO. r^Mc. M Oats 4 cars; unchanged: No" 2 whit. nominally 33u© 3 4 c ; No. ^ n o m i n a llly MINNEAPOLIS FLOUR. MINNEAPOLIS, Feb. 18. (m--Flour unchanged. Shipments 34,144; bran and mid- dlings unchanged. NEW YORK SUGAJl. NEW YORK, Feb. 18. (Xt-- Raw sugar oulet at 53.30 'for spots; raw futures 1 to 2 points higher at midday; rerlned steady and unchanged at 4.50C for fine granulated. HAY MARKET. CHICAGO, Pen. 18. (Jit--Hay, 25 cars, unchanged. TOLEnO SEEDS. TOLEDO. Feb. 18. (.PI--Seed unchanged. Environment makes the gangster Think of associating: with public officials who do business with gangsters.--Fountain Inn Tribune. HIDES Quotations furnished »y ivolf Bros 308 Fifth street sou tin vest Horse hides Cured beef hides Green beef hides ..$1.75-52.00 Johnson Studies Other Schools. AMES, Feb. 18.--To study equipment, teaching- methods and text books used at other colleges and universities, F. Ellis Johnson, head of the electrical engineering: department of Iowa state college, left yesterday on a tour of several middle- western universities. MASON CITY, Feb. 18.-Cash Quotations «y E. O. Morse. EGGS Eggs (current receipts) lOc POUI.TRY Stags I3c Leghorns, spring lie Heavy henH, 4 ' Ibs. 13c Light hens aoc Old cocks, heavy 8c ducks oc Geese 7c Merr.hnnts Quotations. Eggs, in trade I4c Eggs, cash I2c Butter, Plymouth 36c Butter, Clear Lake 33c Butter, State Brand 36c Butter, dairy · .. .3Qc Potatoes ....··..40c and 50c a peck CHICAGO pnonrrK. CHICAGO. Feb. 18. (.11--Poultry--Alive 3 ears. 25 trucks; s t e a d y ; fowls 20fi22»$c: springs 26c: No. 2. 15c; rrwsterr 13'tc; turkeys 2,Sc; d n r k f l 23c; geese 13c. B u t t e r , 4,700: steady; prices unchanged y.f-Kt. 11.ir2; s l e n r l y : extra rirsts IC'.ir: fresh graded f!r'!s lr.it 1" Vim-lr. 1-Mln.iry firsts KANSAS CITY PRODUCE, K A N S A S CITY, Feb. unchanged. 18. M')--Produce NEW YORK, Feb. 18. (.T)--Buying - was resumed on a relatively small scale In the curb m a r k e t today. The advance, more halting tbrtn some of the recent rallies, cancelled yes'f^xlay's losses in a number of favorites- Utilities were strong, e d g i n g back toward their recent highs. Recovery was rather sharp in Klectric Bond and share, United Light "A," American and Foreign Power warrants, American Gas and Electric and American Light and Traction, nil of which rose at least a point. Niagara Hudson met fair demand at firming prices. Specialties took the upgrade, with few ex- r^ptions. Mead Johnson was active and crossed 00 lor a gain of several points. The dull oils showed slight changes, m a n y or which were on the down side. Investment trusts were about steady. Call money renewed at 2 per cent. Bond Market NEW YORK, Feb. IS. M')--Bonds, showed a tendency to steady today and small gains and losses were about evenly divided. The slight Improvement still found the sre.it majority of Investors I n d i f f e r e n t and this was rellected in the volume o! business rem::C*N'K virtually unchanged. United States governments took a step towards return to normalcy, trading on both the slock exchange and outside glowing down. The few listed bonds changing hands were generally at prices representing narrow changes from the previous day, with a slight upward trend In evidence. Fluctuations in corporate domestic bonds were narrow but the bidding for some oE the more active Issues was slightly Improved, giving the rails and utilities a steadier tone. New f i n a n c i n g amounted to 512,000,000. Cont Chic clfs Gr Lakes Alrc 2% Nat Stand Grlgsby-Grunow 4 U Stclnlte Insull Ut Inv 45!i S w i f t Co Katz Drug 24 Kcll Switch 4% LIhby McNeil 12',S Majestic H'hoM 4 Midland Unit pf 4114 Nat Leather ^ 31 V,' 291k Swtrt Intl 38 TJ a Gypsum 42 U Util * Ind 7}'; Zenith 1 SUPPLEMENTARY LIST OF STOCK QUOTATIONS Supplied by LAMSON BROTHERS AND CO. Mason City Office in Bagley- Beck Building. Telephone No. 7 CLOSING BOND fll'OTATIONS NEW YORK, Fch. 18. (/TV--United States government bonds closed: Liberty 3V4s 101.J8. . First 4 Vis 102.23. Fourth 4 V i « 103.19. Treasury 4 V i s lll.B. PRODUCE KUTCHBS. CHICAGO. Feb. IS. (,T|--K?K futures closed: Fresh graded firsts, Feb. 15%c; storage packed firsts, April 19?ic. Butter futures closed: storage standards, Feb. 26'.ic; do, March 25SW.-C. PRODUCE. NFAV YORK. Feb. 18. (,!)-- Butter 12.270; steady. Creamery, higher than extra 29Vi?r 20*lc; extra. (02 score) 28V4f?28»;c- first (fiS-Ol score) 265i28'/ic. Eggs 25. 113: firm. Mixed colors.' rccular racked, closely selected extras 18'ifyi8 ; Mc- cxtrn first 17',i«TlSo: first 17«il7'/,c; src- re/rlKerator firsts 14fif nearby Hennery nnris U M c ; seconds 12'ffl3!'.c; brown, extra 19?ic. NEW YORK rOUWRV. NEW YOHK, Feb. 18. (.T1-- Poultry live f i r m ; chickens hy freight 20{?22c; by express 21fi'28c; broilers, f r e l r h t 32c: express 2.V??43c; fowls I r e l R h t 23«?25c; express 23}f 2(Ic: roosters frdBht 15c; express 15ffl7c- t u r k e y s frelKht 30c; express 30«MOe; ducks frclsht 23c; express 2Sc. Lamonf Ships Much Food. LAMONI, Feb. 18. (/P)--The'sec- ond largest number of cars of livestock snipped over the Burlington railroad In the Missouri district originated at Lamoni, it was reported by the railroad recently. The 27.1 carloads of hogs and 95 carloads of crll« sViip^'I from h-re compared with 138 of hogs anrl 242 of catt!-; sent from Tarkio, Mo., which was irst. NEW YORK STOCKS A P P C 10'4, Kelv Corp 11% Am Cr F 33'£ Lambert C 82V. Am Metal 19% Liq Car C 50"-i Am Sum T 8% Louisiana Oil 4% Arm C B 2% Math Alkali 25/, As Dry Gds 26 y s McK Rob 14'.£ Baldwin Lo 24'4 Nev Cons C 1214 ' Briggs M C 20 M Otis Steel 13% i Bur Add M 30 y z Path Excge 1% Bush Term 31 vl Pills Flour 30 5i Butte C Z l?i Oi; Co TQ ' Calif Pack SOU Pur Bak C 47% Com Cred 20\, Reo Grnd Oil 8% Com Solv 19% Reo Motors 9« Cont Motors 3'i St Jo Lead 29 Cont Oil 10% Schulte R S 5V, Cream of W 29% So Calif Edi 51U Cud Pack 44^ Stand Brnd " David Chem 16 \ 2 Superior Oil .L-,, Endi John 36 !i Telau Corp 19 it, First NatI S 50 Tomac Prod 3 Fisk Rubber % U S R I 33 Gen Mills 45 Vanadium =°" Her Cho C 93 Vi West Myld Indian Ref 4 W Union 141... toland Stl 64% Wrig Jr Co 73H NEW YORK CtJKB QUOTATIONS Am Fr Pr 21% p ox Theater sy, Am Gs El 78% Hccla Min 6i" Am Sup Pr 14}i Hd B M S 5% Ark Nat 'Gas 6% Nj a g Hd ' As G El 20'^. No Am Avia Can Marconi 3V4 Penn Corp 7% Con Aut Md H S O Ind 34% Defor Rad 5% S O Ky 32 u Druant Mtr 1% Trans Air T 4U Eisler El 4% United Gas 1014 El Bd Sh 50% Un L P A 28^ Fd Mo Can 2654 Util P L 12«" Fd Mo Eng 18% Vacuum Oil 65 CHICAGO STOCKS All Mo Ind 2V4 Horml, G A 27/ Bend Av Cp 22% Lns Oil Hf 65' Bg-War Cp 29 ft Nat Leather 74 Butler Bros 6 Nat Stand 31 Con Cht Cp 7% Unit orp 9% Chi Invest 2% U S Gyp 42?* Cord Cc 9% Util In Cp 7% Gt Laks Air 2% U S R T 28V. Grig-Grnow 4 Fst Bk Stk 22?J BHNNEAPOLIS STOCK MINNEAPOLIS GRAIN MARKET CASH SALES Flax "914 to 1581,4 Indian Up on Check Charge. DES MOINES, Feb. 18. . . -ay Virgil Lemons, a Cherokee Indian was arraigned today before U s' Commissioner J. E. Piper on' a

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