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Joplin Globe from Joplin, Missouri • Page 6

Publication:
Joplin Globei
Location:
Joplin, Missouri
Issue Date:
Page:
6
Extracted Article Text (OCR)

JOPLIN GLOBE, TUESDAY, JANUARY 1, 1929. li'ARM DEPARTMENT GBNG MOSES, Editor FARMING INDUSTRY MADE GAIN IN 1928 'invoice Value at. the Farm Shows Increase of $17,754,560 Over Previous Year. Jefferson City, Mc, Dec. Missouri did nearly three-quarter, billion dollars business in 1928.

Year-end tabulations announced today by Logan, of the United States bureau of agricultural economics, and Jewell Mayes, secretary of the state board of agriculture, shows that the 1928 agricultural gift to the New Year is a $650,422,740 valuation of crops and livestock produced on the farms of the state during the year just closing. The grand total invoice value at the farm of all field, truck fruits, pasture crops was announced as $325,422,740, compared to $305,571,530 for 1927. Adding livestock valuation, the comparison shows total agricultural valuation of for 1928 against $632," 567,920 in 1927. The total acreage of all crops in 1928 was 13,919,880 against 13,694,650 acres-in crops during 1927. fn grain crops, corn, oats, rye, barley and spring wheat show in- sreased acreages over 1927, and only winter wheat, due to excessive abandonment, a decreased acreage from last year.

Rice also made heavy increases. Most truck crops show increases, as potatoes, spinach, cucumbers, cabbage and watermelons were grown on a greater acreage, but canning tomatoes and sweet potatoes occupied a smaller area, with fresh tomatoes for table use about the same. All of the major fruits, except show increased production over last year, as strawberries, grapes, apples and peaches had larger yields in 1928 than in 1927. The preliminary estimated value of Missouri livestock, dairy and poultry production is put at $325,000,000, against $327,000,000 last year, and it is estimated that slight increases will be shown by final returns in value of milk production and cattle, but possibly some redyction in value of eggs, chickens and hogs marketed. On this basis, the grand total of farm, crop and livestock valuation is $650,422,470 for 1928 as compared to $632,667,920 in 1927.

The following is the 1928 detailed summary of production and total valuation of Missouri farm crops, fruits and other farm production for the year ending December 31, 1928: acres, 29.0 bushels per acre, 181,540,000 bushels, 73 cents-per bushel, vaule $132,524,200. acres, 28.0 bushels per" acre, "44,968,000 bushels, 42 cents per bushel, value $18,888,560. acres, 12.7 bushels per acre, 18,990,000 bushels, $1.21 per bushel, value $22,988,790. Cotton acres, 200 pounds per acre, 69,800,000 pounds, 19 cento per pound, value $13,262,000. Red clover acres, 1.45 tons per acre, 725,000 tons, $12 per ton, value $8,700,000.

Timothy acres, 1.05 tons per acre, 1,065,000 tons, $10.25 per ton, value $10,813,750. Clover and timothy acres, 1.15 tons per acre, 1,153,000 tons, $10 per ton, value $12,221,800. Alfalfa acres, 2.30 tons per acre, 382,000 tons, $16 per toil, value $6,112,000. acres, 121 bushels per acre, 10,285,000 bushels, 60 cents per bushel, value $6,171,000. acres, tons per aerie, 33,800 tons, $12.75 per ton, value $430,000.

acres, 1,065 per acre, 28,212,000 quarts, 11 DAIRY STANDARD IS ADOPTED IN STATE Mlssourians Join in Herd Average as a Measwrc of Ability for Test Becords. That Missouri breeders approve of the new association standards of basing the testing records on herd averages rather than just on the performance of one or two superior cows is shown by, their adoption for seven leading herds during the past few months, according to Warren G4fford, superintendent of advanced registry, at the Missouri college of agriculture. Three of the dairy cattle associations, the Ayrshire, Holstein and Jersey, have adopted the new plan. It consists essentially of keeping complete herd records and reporting the annual herd averages in addition to the reports on high individuals. By requiring that complete herd averages be given the owner will be encouraged to dispose of his unprofitable cows in order to build up the herd level, believes Gifford.

As there is a strong demand for breeding stock from tested cows, it is evident that more farmers and dairymen should enroll their herds for the herd Improvement tests, he finds. The tests can be made in connnection with the regular cowtesting work. The advantage of the enrollment in the improvement tests is that an official report of the herd's average production is recorded and published annually by the breed associations. Certificates, showing the number of cows in the herd, average milk production, average per cent of butterfat, and average butterfat production of the herd for the year are issued to the owner of each herd completing one year's record. Monthly production records of milk and butterfat are based on either the one day official test as reported by the supervisor or the owner's milk report and percentage of fat as determined by the supervisor.

Some of the breeders who have adopted the in Missouri, according to Gifford, are: Chapman Farms, Lee's Summit; State hospital No. 4, Farmington; A. Morrison, Hickman Mills; Roy Johnson, and Busick and Schlutter, Farmington; Bumey and Bowman, Aurora, and the University of Missouri, cents per quart, value $3,103,000. acres, 210 melons per acre, 2,873 carloads (1,000 melons per car), $154 per car, value $442,000. Spring acres, 13.0 bushels per acre, 195,000 bushels, $1.02 per bushel, value $198,900.

Sunflowers 4,000 acre, 450 pounds per acre, 1,800,000 pounds, 4 cents per pound, value $72,000. Sweet acres, 105 bushels per acre; 1,155,000 bushels, $1.05 per bushel, value $1,212,750. acres, 1,100 pounds per acre, 4,400,000 pounds, 22 cents per pound, value $968,000. acres, 40.0 bushels per acre, 400,000 bushels, 90 cents per bushel, value $360,000. acres, 365 bushels per acre, 482,000 bushels, 70 cents per bushel, value $337,000.

production 69,800 tons, $37.50 per ton, value $2,617,000. Apples (commercial barrels, $3.20 barrel, value $1,516,800. bushels, $1.55 per bushel, value $1,015,000. bushels, $1.40 per bushel, value $197,000. pounds, 2 cents per pound, value $560,000.

Garden and other fruit 260,000 farms at $67 per farm, value $17,420,000. and Repairs to Eyeglass Mountings and Frames Soldering Frames or Mountings 50c to $1.00 Sido Bars and Temple Pieces 75c to $1.00 i 'lloop Springs for Eyeglasses to flJSO Goll Springs for Eyeglasses 36c to 60c Guards for Eyeglasses to $1JM Broken Bridges Replaced $1.00 to $8.60 Folding Oxford Springs $1.00 to $1.76 Temple Pieces for Frames $1.00 to $1.60 Vrame Fronts, All Shell $1.75 to $3.60 When You Break Your Glasses Break for the Ward Lens Grinders SppUn National Bank at 4th and Mahi Sts. GARDNER-DENVER PRODUCTS BOCK DRILLS DRILL SHARPENERS PAVING BREAKERS PORTABLE COIOPRESSORS The finest of their in upkeep and highly efficient in operation. Landreth Machinery Co. MINKS DEPARTMENT J.

H. WAOLEIOH. Editor ELECTRICAL MACHINERY ARMATURES REWOUND Jeffrey Blowers General Electric Motors Samson Mine Hoists Servel Refrigerators Hoist Asbestos CONSOLIDATED PAYS 25 CENTS A SHARE Holders of Class A and Stocks to Quarterly Dividend on January 2. The Consolidated Lead and Zinc Company has declared a dividend of 25 cents a share on class A and stocks, payable on' January 2, President F. N.

Bendelarl announced yesterday. Five of the company's mines now are in active operations, all of which are showing satisfactory recoveries, according to President Bendelari. ZINC CARTEL TO CUT OUTPUT 7 PER CENT London, Dec. fair amount of business is being done with consumers In the zinc market here. Interest in the market has been stimulated by the recent meeting of producers in Brussels, where the European zinc cartel was prolonged an additional six months.

Reports here are vague in regard to the precise nature of arrangements made at the cartel meeting for curtailment of production and for what may be termed the pivotal price upon which a decrease or expansion in output will hinge. There is an impression that the intention is to curtail production to the extent of 7 per cent from the beginning of 1929, and to continue this restricted rate of output so long as the average price for any quarter does not exceed £27. In consequence of the indefinite nature of reports, however, interests are left guessing as to the real significance of the agreement and in view of the rise already seen, users are inclined to proceed cautiously, while the market generally seems disposed to wait until a clearer view can be taken before developing any pronounced tendency. Meantime, there has been an establishment of backwardation. This, however, is attributable merely to technical market considerations.

LEAD AND ZINC London, Dec. Lead spot £22; future £22 5s. spot £26 17s 6d; future £26 15s. New York, Dec. 31.

Lead firm; spot New York 6.50c East St. Louis 6.35c. steady; East St. Louis spot and future 6.35c. INSPECTOR HAY MAY VISIT MINES SOON Will View Progress Companies Are Making in Eliminating "Jump-Crlbblng" Hazard.

M. D. Hay, Oklahoma state mine inspector, expects to make an inspection of the mines of the Oklahoma section of the district about January 8, according to reports emanating from Oklahoma City. At that time he will survey the progress the mining companies are making towards complying with his recent order in regards to "jump- cribbing" and location indicators for hoistei-s. The extent of the efforts being made by operators to comply with the order will govern the chief inspector in making extension of time for, its fulfillment.

Inspector Hay at a recent meeting with the operators of the field modified his order so that mines c6uld make changes without spending an excessive amount of money. Shafts which contain "jump-cribbing" must be realigned so that no projecting Impediments are in the shaft, which might catch a can in its travels up and down the shaft. John W. Newton and Charles A. Neal, metal-mining members of the mining laws commission, appointed to work.out a new code for the mining industry of the state, probably will hold a meeting with the chief inspector some time this week, at which time an effort will be made to iron out the differences that exist in regard to several sections of the proposed new code.

Inspector Hay is-said to be making a thorough study of the safety can being tried out by the Commerce Mining and Royalty Company at the Grace Walker mine. The can is believed to have advantages which will make it as safe for use in local mines as cages. Its cost naturally would be far less than cages. Local producers undoubtedly would encounter considerable difficulty and much expense in trying to put cages in the shafts of thf district. DAILY MARKET QUOTATIONS SXOCKS SCORE ADVANCE.

'Twas Courtesy Day. Cleveland Courtesy ruled in Judge Charles Seizer's court here recently. The judge asked Walter Gustaves whether he had anything to say in response to his wife's Charge of assault and battery. "Do your duty let your conscience be your guide," was the response. "My conscience says $25 and costs and thirty days in the workhouse," said the judge.

"Thank you," from the defendant. ON THE A FEATURES ON THE AIB Tuesday, January 1 (Central Standard Mme) vs. Georgia Tech; Announcers Graliam McNamee of NBC Wm. C. Munday, of WSB and Carl Havelin of WJ21 WOT WTAM WWJ WOW WTMJ KOA WHAS WSM WSB ICVOO KPKC WOAI WJR WLW KYW KWK WRC WREN KGO KPO KFI KGW KOMO KHQ KSli and others.

8 Hour; Musical WRC WGY WTAM WWJ WGN KBD WSM WBAF KVOO WOAI WHAS WMC WSB KOA KGO KFI KQW KOMO KHQ KSTP WHO. Showboat; "The WADC WKBC WGHP WOWO KMOX KMBC KOIL WSPD WHK WBBM. Dance WRC WGY WTAM WWJ WOAI WTMJ KSTP KSD WMC WDAF KVOO WFAA KPRC WHAS WSM WSB KOA KYW WOW KSL KPO KFI KGW KOMO KHQ WHO. Light Opera Company: "Fantlnltza" WABC WADC WKRC WGHP WOWO KMOX KMBC KOIIi WHK WBBM: TUESDAY, (By The Associated Press) Programs in Central Standard time. All time IS p.

m. unless otherwise indicated. Wavelengths on left of call letters, kilocycles on right. Clear channel station programs in detail, with an appended list of the more important regional stationi. S44.e—WENR Rusk.

Hour. Programs. 416.4— WGN-WUB MO Nlghthawks; Floorwalker. 8 Hour. Program.

and Popular hrs.) 344.0— WLS 810 Year's Features. 447.5— WMAQ-WQJ 670 5:0 Children 's New Year's. Historical Society. Program. Musical.

Orchestra. Club; Orchestra. Music (3 hrs.) 299.8— WHO Des 1000 Hour. Hour. Dance Music.

vs. Ga. Tech. Detroit; Financiers. Weavers; Tiremen.

Girls. composers. 25 Head Registered Jerseys WiU Be Sold Jan. 1st In the Cityxof Baxter Springs, Kan. Dr.

H. Lenz EMPCRE ELECTRIC MACHINERY CO. Phones Joplin St. A true mintage gingeir ale 370.2—WCCO Mlnneapolls-St. Program.

Trio. Sunshine. Featura. Air Weavers. vs.

Ga. Tech. Air Weavers. Hour. Red Peppers.

T. Holder. PIcher, Hour. Program. Sunshine Girl.

Twins; Mallett Mallett. Mason. Rambow Trio. EASTERN 454.3—WEAF New Half Hour. Hour.

and Cassinelli. 394.5—WJZ New Danube Nights. Hour. SU5.9—KOKA Pittsburgh-980 Weavers; Tiremen. Minstrels.

Orchestradians. 379.0—WGY Hour. Program. Transmission. SOUTHERN.

405.2—WSB vs. Ga. Tech. I Netghborhoofl PrOg. Hour.

374.8—KTHS Hot Club; Fiddlers. Soprano. Amouy. Bridge Game. 325.0—WHAS vs.

Ga. Tech. Concert. Hour. Orchestra.

Orchestra. 461.3—WSM vs. Ga. Tech. Studio.

Hour. Programs. San vs; Ga. Tech. i Hour.

Players. WESTERN. 361.2—KOA Denver-830. vs. Ga.

Tech. Questions. Hour. Feature. S.

Engineers Band. 4II8.S—KFI Los vs. Ga. Tech. Hou' Orchestraaians.

GItanos. Orchestra. Program. Beal Booze Hound. San Prancisoo-A real booze hound entered into a case decided by State District Court of Appeals here.

It was decided in favor of the hound. Tony Medalgi appealed a liquor case, claiming that ht did not own a dog or dog house and knew nothing about a quantity of liquor found under the kennelin his back yard. The appeal was denied. Fifty Issues Touch Now Teak Prices for Year on Exctuiiigc, New YorK, Dec. The bull party rode out the year 1928 llrmly In tlw saddle on the stock market today, in tht same wild fashion that It has gallopcil throughout the major portion of tlio record-breaking 12 months of speculation.

Nearly 50 Issues were rushed up to new peak prices for the year, a long list ot gains running from 3 to 21 points. The Associated Press average of 20 industrials was carried up 2.30 points, equaling Its high record at 258.33 established November 30, contrast to the year low of 178,84. Total sales aggregated shares. The volume ot business delayed the ticker more than half nn hour at the close, and most floor traders were kept too busy during the final hour to participate In the and Christmas party which is an annual event on the flour toward the close of the last session ot the year. Call money held at 12 per cent throughout the day, the highest level of the year and for seven preceding years, but the fact that It has been kept from going higher aurmg the heavy year-end demand for funds eav? the bulls something to celebrate Banks called SSO.OOO.OOO in loans, but the high rate quickly attracted adequate replacement funds.

The unusually gh rates for time money, which, as indicating no real easy money early in 192y, have caused some uneasiness, showed little or no easing temlencics. Funds are expected to flow back to New York on Wednesday and cause some easing ot the situation. Although brokers are looking for a heavy reinvestment demand for stocks resulting from the large January 1 interest and dividend payment several commission hou.ses continued to warn their customtrs that commitments should be extended with caution, as the trend of the new year Is Jiot yet clearly indicated. The day's news Included a advance in the export price of copper and a $9,000,000 order for locomotives placed by the New York central with the American Locomotive one ot the largest railway equipment orders In the past two years. Copper, merchandising, automotive and utility shares were prominent in the day's upturn.

An extreme of 21 points was recorded by Abraham and Straus, which touched 142, a record price. Byproducts Coke wns also a -strong point, shooting up nearly 17 points to a new peak at 122, and closing at 117. Buvlng of the latter was stimulated by merger and stock split-up rumors. The automotive shares went forward as the annual pre-automoblle show movement in this group began In earnest. General Motors again crossed the 200-mark with a spurt ot nearly 8 points, while Willys- Overland common touched a new high at 33 on heavy buying.

Chrysler also made progress In a heavy turnover. In the coppers, Kcnnecott mounted 4 points to a new peak. Anaconda, Nevada Consolidated and others also broke Into new high ground. Among the utilities. Public Service ot New Jersey, Commonwealth Power and Columbia Gas sold at new high levels.

Ralls reaching new peak Included Pennsylvnia, New Haven and Chesapeake and Ohio. A few oils also touched new tops, among them Atlantic Refining, Standard of New York and Prairie. American Machine and Foundry, Bethlehem Steel, Columbia Carbon, International Telephone. National Supnly, and St. Lead rose 3 to nearly 12 points to record new high prices for the year.

General Electric was heavy until the final transactions, when It was quickly lifted about 6 points from its low level ot the day to a new peak. Radio and Montgomery Ward overcame early heaviness around midday, but Radio again sagged toward the close. National Bellas Hess, which has risen serratlon.ally recently, fell back nearly 16 points on heavy realizing, while Allls Chalmers, also a recent strong point, Elsenlohr, Timken Roller Bearing, Union Tank Car and United Fruit lost 2 to 5 points each. The commodity markets were generallv steady, although wheat eased on lack ot export demand. Com gained on covering stimulated by reports ot good takings abroad.

Foreign exchanges, particularly sterling, were heavy as funds were attracted from abroad by the high Interest rates here. Stock market averages: Twenty Twenty Industrials. Ralls. Today Saturday 256.0.'? 155.30 Week ago 249.83 153.88 Year ago High, 1928 P58.33 Low, 1928 178.84 138.36 Total stock sales 4,881.410 shares. New York Bonds.

New York, Dec. The bond market ended the year quietly and with prices showing easing tendencies in direct contrast to the strength and buoyancy dls- playad at the beginning of 1928. A few convertibles advanced on buying encour-. aged bv rising stock prices and there was some demand for secondary rails and utilities, but the general list continued dull- The Associated Press combined average of 10 first grade rails. 10 secondary rails, 10 public utilities and 10 Industrials advanced slightly to 96.83, which compares with an average of 97.42 a month ago and 99.72 a year ago, and Indicates about the extent of the decline in prices during a year In which public Interest turned definitely to stocks.

The most active issues of the day were International Telephone Telegraph conl vertlbles iV2S, which made a net gain of points on buying encouraged by the demand for utility stocks. Public Service of New Jersey ma had a smaller turnover, but to a new high at 183, The issue broke to and then recovered to 181 Vi, closing with a net gain of 4Ti points for the day. Coppers responded to buying prompteo by advancing copper prices and the buoyancy of coptier stocks. Anaconda Copper 7s moved up 5 -oints to a new top at 191 and Tennessee Copper 6s gained about 2 points. The general list was Irregular.

A few oils, such as Bamsdall 6s and Transcontinental Oil shared demand with Dodge Brothers 68, General Motor Acceptance 6s, Lorlllard debenture Pressed Steel Car 5s and a few others. Ralls active at better prices included Grand Trunk Railway of Canada 7s. New York Railway 6s Pennsylvania 7s. Hudson Manhattan Ss and Union Pacific 4s. Prices showed no definite trend in light trading In the foreign list.

U. S. government obligations were Inclined to heaviness. Foreign Exchange, New York, Dec. (ff) exchanges mixed; quotations.

In center Great Britain, demand, 484 13-16; cables, 485 9-32. France, demand, cables, 3.91'd. Italy, demand, 5.23%; cables, 5.23%. Demands: Belgium, 13.90. I Germany, 23.78.

Switzerland. 19.26yj. Greece, 1.29. Poland, 11.25. Czecho-Slovakla.

2.96%. Jugo-Slavia. 1.76. 99.75 New York Produce. 'New York, Dec.

31. Butter: receipts, 4,659. Creamery, higher than extras, extras, 48Vjc; firsts, packing stock, current make. No. 1, SBVid: No.

2, Cheese: Steady. Eggs: Irregular; fresh gathered extras, 44((ii48c; extra firsts, 300)430; firsts, (g)38c; seconds, Liberty Bonds. New York, Dee. Llberay bonds close: Liberty, S99.28. First 4Us, $100.6.

Fourth iViB, SIOO.IO. Treasury 4s, $106.22. New York Cotton Fntnres. New York, Dec. Sl futures opened steady-: January, 20.20; March, 20.22.

May, 20.21; July, 19.90; October, 19.58. New York Sugar, New York Den. Raw Sugar unchanged at $3.83. Refined sugar unchanged at $5.25. New York Money.

New York, Dec. i money: firm; all loans, 12; closing bid, 12. Time loans: firm; mixed collateral, 60 to 90 days, 4 to 6 months, CltleH Service. New York, Dec. Cities Service close: New, preferred, 98.

New Orlcanw Cotton Futures. New Orleans, Dec. opened steady: January, 19.50; March, 19.62; Mav, 19.61; July, 19.49; October, 19.10 asked. New York Spot Cotton. New York, Dec.

Cotton, spot, quiet; middling, 20.55. New Qrlenns Cotton. New Orleans, Dec, futures closed steady at net one point up to 4 down. Close: JanuaiT 19.55-56; March 19.67-58; May 19.56-57; July 19.46-40; October 19.11. New York Cotton.

New York, Deo. futures closed: January 20.18-21; March 20.20-22; May 20.18-20; July 19.87-88; October 19.5758. What Joplin Dealers WiU Pay Today UUUS. By Crocker UOUM. No.

1 $8.10 Medium to $8.00 Sows $6.00 to $7.00 Stags $6.00 to $6.75 CATTLE. No. 1 heifers and steers to $9.60 ilcUlum $7.00 to $8.00 Common $6.00 to 47.UO No. 1 cows $8.30 Medium $6.00 to $8.00 Ciumers and cutlers $3.00 to $8.00 rnuLTRV. Quotations based on birds, healthy, (res ot feed.

Hens 21c Hens, leghorn lOo Spring chickens, 2-lb. and over 21o tsroilers, Us, lbs 24c Leghorn spring and blacks 2 lbs 19c Ducks F. F. 18c Geese F. F.

18c Stags 12 to 14c Roosters old 9 and lis Guineas, 2 lbs. each 40o GRAIN AND HAS. Wheat $1.05 White corn 78c Yellow corn 78c Mixed corn "6c Oats 4U0 UAIRX. Butterfat Eggs 28c NEW YORK STOCKS. New York close, as furnished by B.

C. Christopher 812 National Bank Oils. Sinclair 42 Vs Texas 67 Pure Oil White Eagle Pan-American (B) Bamsdall 42i(, Mid-Continent Marland 42 Phillips Petroleum 45 Independent O. 35 Shell Union 27 Standard ot N. S5 Standard of N.

45Vj Skelly 35 Vi Motors and Accc.isorles. General Motors new Sludebaker Chrysler 132'i Keo Hudson 91 Vs Continental Motors 19V4 Overland .33 Packard 149 Mack Truck 108VS White Motors 41 Hupmoblle 8044 Stewart Warner 1231.4 Timken Bearings 143 Vi Briggs 69 Graham-Paige 53 Steels. U. S. Steel 161V; Bethlehem 87 V4 Republo Iron Steel 86 Crucible Colorado Fuel Iron 70V4 Central Alloy 48 Locomotives and Foundries.

American Locfmotlve American Car Fdy. 9SV4 Pullman 85 American Sieol Foundries 6614 Copper and Mining, American Smeft. Refg 292 Anaconda 119 A Kennecott "15'ft Chile 73-Ji Miami 33 Andes 5.Vi Calumet Hecla 47 Texas Gulf Sulphur 79 V4 Rubbers. U. S.

Rubber Goodrich 103 J4 Kelly-Springfleld Industrials. Great Western Sugar 37 V4 Cuban-American IgMi Loews 63 V4 Fox Film Warner Bros 122Vi American Woolen Radio Corporation 37.1 V4 American T. 193 Du Pont Common 500 General Electric 221 V4 Remington Rand 30 Armour (A) Allied Chemicals 249 Davidson Chemicals Famous Players Postum ,70 Sears Roebuck Montgomery Ward 153 Wright Aero American Can H22? Continental Can .62 Curtlss 145 V4 Kolster ,82 Kroger Stores Railroads. Atchison. Topeka Santa Fe 19flV4 K.

C. Southern 89 Rock Island 132 Mo. Pacific Common 66 Mo. Pacific Pfd Union Pacific Southern Pacific Northern Pacific Frisco Great Northern Pennsylvania 76V4 Brie Katy Bl New York Curb Reports. Standard Oil Indiana Standard Oil Kansas Vacuum 109-4 Prairie Oil Gas 64J4 Ford ot England CORN HIOHKK AT CLOSE.

Wheat Snffcn Slump, Oolnic to New I-ow Level for Year. Chicago, Dee. of prices In the com market today contrasted with a downturn of wheat values to a new bottom level for the year. Traders who were short of corn to fill December contracts were obliged to step lively In eloventh-hour purchasing, but managed to avoid forcing the market to any abnormal height, deiipTte settlement of accounts today that Involved as much as. 7,273,000 bushels of corn.

Closing quotations of corn were unsettled, V4c to net higher, wheat finishing Irregular, lV4c down to Wc advance, oats varying from 16c Uccllne to an equal gain, and provisions at 10c setback to a rise of a dime. Corn prices began early today to show an upward trend. Adjustment ot open trades known to amount to millions of bushels In the "December delivery of corn soon became the dominating feature, and the adjustment process was given Impetus by word that a large part of the corn handed over In the end-of-the-month windup of dealings here was being taken by shipping interests, and was thus destined for Immediate commercial use. elsewhere. Under such circumstances, little heed for at least- the time being was paid to announcement that today's receipts of com here were of liberal volume, 619 cars.

Predictions of a cold wave likely to Increase the movement of corn away from farms was also given but scant notice. A gain of 972,800 bushels today In the com visible supply total was likewise virtually Ignored. Other bearish news included indications that country offerings of corn to arrive In Chicago were somewhat larger, and that northern Argentina reported showers beneficial to the growing crop there. Nevertheless, highest prices of the day in the corn market were reached during the late dealings, with only a fractional setback at the last. Despite corn market strength which tended at times to check declines in wheat, all deliveries of wheat went down today to a new low price record for the.

1928 crop. Worid shipments of wheat, 20,391.000 bushels for the last week, were nearly double the figures of a year ago, was current that the United States is now practically certain to carry over a large proportion ot the world's excess wheat surplus. North American export sales of wheat today totalled about 800,000 bushels, but were mostly Canadian. Oats today kept within narrow limits, shorts buying and cash houses selling. Provisions averaged higher, responsive to an upturn in the value of hogs.

Range of prices: Open High Low Close Wheat: Doc $1.11 March May July Corn: Dec. March May July Oats: Dec. March May Rye: Dec. March May Lanl: Dec. Jan.

1.16'A l.lOVi 1.18V4 1.18% 1.19% 1.20% 1.02VJ 1.02% 1.04Vi 1.04 Ml 1.06% 1.06% 11.17 11.17 11.55 11.62 1.15 1.17% 1.19 V4 .92 .47 V4 1.00 1.03 1.05% 11.00 11.52 1.16% 1.18% 1 .20 .85 Vi .48 1 .00 1.03% 1.06% 11.15 11.60 iiew Orleans Spot Cotton. New Orleans, Dec. cotton closed quiet and unchanged; sales 1.324, liw middling 17.86; fSSS middling 19.76J receipts stock 392,782. Chicago Cotton Close. July 19.56; Jan.

19.61; March 19.67; May 19.67; Oct. 19.20. New' Orleans Cotton. Orieans, Dec. Inthe cotton market was sluggish today, due to the impending holiday tomorrow.

Price fluctuations were narrow and without definite trend. An initial advance was followed by a decline, but the easiness met some support in afternoon trading and March contracts raillled from 19.55 to 19.60, but the market weakened again In final trading and the position closed 19.57, or 4 points-net lower. The general market closed steady one point net up to 4 down. Visible Snpply of Grain. New York, Dec.

31 visible supply of American grain shows the following changes in bushels: vnieat Increasel 1,336,000. Com increased 966,000. Oats increased 917,000. Rye increased 92,000. Barley decorated 51,000.

Kansas City Oraln. Kansas City, Dec. Receipts, 248 cars; to lower; No. 2 dark hard, nominally No. 3 dark hard, nominally No.

2 hard, No. 3, No. 2 red, No. 3, nominally Close: December, May, July, Corn: Receipts, 227 cars; higher to V4C lower; No. 2 white, nominally, 81c; No.

3, No. 2 yellow, nominally, No. 3, No. 2 mixed, No. 3, Close: December, May, 86c; July, c.

Oats: Recerlpts, 14 cars; unchanged; No. 2 white, nominally, No. 3, nominally, MIlo maize: $1.21. Kafir: $1.21. Rye: Barley; Horses and Holes.

St. Louis, Dec. Horses and mules, steady. Good and choice draft horses. 200; good to choice chunks, choice southern liorses, Draft mules, 16 to 17 hands.

cotton mules, 16 to 16.2, cotton mules, 14.2 to 15, farm mules broke, 15.3 to 16.2, mine mules, 15 to 16.2, St. I St. Louis, Deo. ifi) Wheat: No, 2 red, No. 2 hard, U.14.

Corn: No. 3 mixed. 82c; No. 4, No. 3 yellow, 83V4c; No.

4, No. 4 white, 82c; No. 5, Oats: No. 2 white, 39c; No. 3, Close: Wheat: Dec, bid; May, bid; July, bid.

Corn: Dec. 860 asked; btU; July, 94 asked. Chicago Cash Grain. Chicago. Dec.

Wheat: No. 4 hartl, No. 2 northern spring, Corn: No. 4 mixed, No. 4 white, Oats: No.

2 white, sample grade, Rye: No sales. Lariey; 680. Timothy seed: Clover seed: Kansas City Hay. Kansas City, Deo. Receipts, 86 cars; steady to 60c higher.

Alfalfa: No. 1, extra leafy, $29.50 32.00; No. 2, No. 1, $26.00 27.00: No. 2 leafy, 24.00®25.8(>.

Prairie: No. 1, No. 2, $10.00 Timothy: No. 1, No. 2, Olilcago Foidtry.

Chicago, Dec. Unchanged; creamery extras, standards, 46V4c; extra firsts, firsts seconds. Eggs: Unchanged; extra firsts, firsts, ordinary Chicago T.lvestoek. Chicago Dec. States department of Receipts, mostly 10c to 15c higher on weight averages under 200 pounds; closed the same; heavier weights closed steady to 10c lower; top, $0.15 paid for 160 to 200 pounds; shippers took estimated holdovers.

3,000. Butchers, me- J'" choice 250-300 pounds, Jg 8.90; 200-250 pounds, 160-200 pounds, 130-160 pounds, $8.40 packing sows, pigs, medium to choice 90-130 pounds, 8.90. Cattle receipts, calves, steer trade closed less active than early; general market steady to 25c higher than late last week; choice yearlings, heavies, bulk short fed steers, $14.50 down to $12 .00. Slaughter classes, steers, good and choice 1.300-1,500 pounds. pounds, $13.25 16.50; pounds, common and medium 850 pounds, up $9.00 yearlings, good' and choice 750-950 pounds, heifers, goott and choice 850 pounds down, $11.75 common and medium, 11.75; cows, good and choice, common and medium, $7 .00 low cutter and cutter.

bulls, good and choice (beef), cutter to medium, $8.00 vealers (milk-fed), good anti choice, medium, cull and common, $8 stocker and feeder steers, good and choice (all weights), common and medium, Sheep receipts, 18 market closed strong; spots 10c to 15c higher; bulk fat lambs, few, sheep strong to 25c higher; fat ewes. $7.50 feeding lambs strong, 14.25. Lambs, good and choice 92 pounds down, medium; $13 14.50; and common, ewes, medium to choice 150 pounds down, cull and common. 6 feeder lambs, good and choice, M3.25 Kansas City Livestock. City.

Deo. States Department of 10 ,000: fairly octlve; 10 to 20c higher than Saturday's average; top, $8,85 on choice $200 to 240 pounds; packer top, $8.79. Butchers, medium to' choice, 250 to 350 pounds, 200 to 250 pounds. 160 to 200 pounds, 8.85; 130 to 160 pounds, $8 .00 packing sows, stock nigs, medium to choice, 70 to 130 pounds, $6.75 Cattle: 9 calves. 2 killing classes generally steady; stockers and feeders, strong; -slaughtT classes, steers, good and choice.

1,300 to 1.500 $12 16.75; 1,100 to 1,300 pounds, $12 16 .00: 950 to 1,100 pounds. $t2 .00 common and medium, 850 pounds .00 fed and choice, 750 to 950: pounds. $12 .00 heifers, good and choice 850 pounds.down. $11 14 common and .00. Cows, good and choice.

common and medium, low cutter and cutter, $5 vealers (milk fed) medium to choice, $9.00 cull common, stocker and feeder steers, good and choice, (all weights), $10 ,501 common and medium, $7.60 10.50. Sheep: 8 weak to 15c lower; sheep strong; fed lambs to shippers. lambs, good and choice, (02 pounds down), $14 .00 madlum, cull and common. 12.75: ewes, medium to'choice, (150 pounds down), $6 .00 East St. Lonls livestock.

East St. Louis, Dec. States Department of 19 market strong to lOe higher; mostly to shippers; pigs and light lights strong; bulk 170 to 240 pounds, 150 to 160 pounds, 130 to 150 pounds, 90 to 130 pound pigs, packing sows, Cattle: 4 calves, steers In liberal supply; largely common and; medium grades; early sales steers, cows and all cutters about steady; light yearlings and better' grades' light heifers strong to a quarter higher; bulls, steady to strong; vealera 76c to steers. 12.75; medium heifers, cows, fed medium, bulls. others mostly $8.78 down; low cutter cows, good and choice vealers $18 .00.

Sheep: 750; Iambs, steady to city buteh- I ers; bulk lambs, culls, fat ewes, .00. Kansas City Frddoee. Kansas City, Dee. Firsts 29c; seconds, 24c. Butter: Creamery, Blc; In large quantities, 490.

Butterfat: 24c; premium extra quality, 3e: packing butter. 33c. Poultry: Hens, 33c; springs, 24e; broilers 200; geese, 18c; oM ducks, 14c; young ducks, 14o; roosters, 15c. Chicago Potatoes. Chicago, Dec.

States Department of Dull; Wisconsin sacked round whites, 85c fancy, Idaho sacked mssets, mostly $1.68. St. Loots Frodnce. St. Dec.

Unchanged; fresh firsts, Butter: Unchanged; creamery extras 49c. Poultry: Unchanged except geese, 2 to 3c lower at 17c; heavy hens, 28c; light hsns, 21e; springs, 28c; turkeys, 32c; ducks 28c. St. Hay. St.

Louis, Dec. Steady: No. 1 Timothy, No. 2, No. 1 heavy clover mixed, 26; No.

1 light clover, mixed, 2 clover mixed, No. 1 Kansas City Livestoek Close. Kansas City, States Department of Weight fed steers slow. weak. Hogs and sheep: -New Orleans Rice, Orleans, Dec.

rice quiet; sales: antI receipts noiie. Clean rice quiet. Sales none; receipts 8,010. Bran $27; polish $36. WILL BEHELD TODAlf InJurleM Suffered In Accident at VInlta In 1926 Result In His Death.

Carthage, Dec. services for L. B. Campbell, 74 yeara old, who died at 11 o'clock last night at his home, 715 South Garrison avenue, will be held at 3:30 o'clock tomorrow afternoon at the residence, with the Rev. T.

Cameron, pastor of the TS'lrei Methodist Episcopal church, Soutti, in charge. Mrs. Marian Wright owers will sing. Members of the Carthage Masonic lodge, of which he was a member, will be in charge of the services at Oak Crest abbey In Park cemetery, where burial be. Pallbearers will be Kent D.

Steadley, R. C. Gulnn, W. Morrow, Charles A. Scott, Herman Kbss, Major W.

R. McCleary and P. N. Wiggins, the latter of Tulsa, Okla. Struck by Motor Car.

Mr. Campbell never fully recovered from injuries received July 6, 1926, at Vinlta, when he was struck by a motor car. He received a broken hip and injuries to his left foot. About a week ago infection developed in his foot, resulting in his death. He was born March 21, 1854, r' Jamestown, Tenn.

For aevera 1 years, when a young man, -M) Campbell engaged in the cattli business at Kansas frorr. there to Seneca, where he establish ed a mercantile business. Twenty- eight years ago he moved here and for ten years he and R. J. Wrigh' operated the Campbell-Wright Mercantile Company.

He had a realtor at Vinita for the last eight years. Mr. Campbell was a Mason, Knight Templar and a Shriner and was a member of the First Methodist Episcopal church. at Vinita. He also was a member of the Modern Woodman lodge here.

He was married on November 6, 1888, to Miss Laura at Hazelhurst, who survives him. Besides his widow, he is survived by two daughters, Mrs. Lloyd B. Clinton, at home, and Mrs. Genev.i C.

Mann of Kansas City; a sister, Mrs. R. J. Wright of Alliance, two brothers, John R. Campbell of Vinita arid Dr.

William Campbell of Tulsa, and three grandchildren, Mary Ann Clinton of Carthage and Fred and Dorothy Mann, both of Kansas City. COUPLE DIVORCED TEN YEARS AGO REMARRY Carthage, Dec. Braunsdorf and Eva Braunsdorf of Parsons, were married for a second time yesterday afternoon, after being divorced ten years. Prior to the divorce they had been married for twenty-six years. The ceremony was performed by the Rev.

Walter P. Bradley, pastor of the First Presbyterian church, at 2:50 afternoon at Dr. Bradley's, home, 612 Howard street. Following the ceremony they left for their home at Parsons. St.

Joseph Livestock. St. Joseph, Dec. (r States Department of fairly active; 10 to 15c higher; top bulk 190 to 320 paunds 160 to 180 pounds 8.60; light lights down to packing sows fully steady calves 300; slaughter steers uneven; early sales mostly lighter welkht; short feds steady to strong: butcher she stock and medium bulls IB to 25c higher; cutter, cows 10 to ISc higher; vealers 50c higher; most early steer sales two loads 734- pound heifers $12.80: bulk cows i 8.25; oil cutters medium bulls veal top $13.80. Sheepr-Reeelpts, 5,500 fat lambs steady to lOo lower; heavy weight and off grades showing declining; top for best fed lambs 83 pounds down; other to 05 pound offerings $14.65 aged -stoclt fat ewes upward to $8.

St. Louis Stocks and Bonds. St. Louis, Dec. Electric "new" stock continued Its upturn on the St.

Louis stock exchange today, when nearly 1400 shares were sold, closing at points higher. The "old" stock rpse 14 points. PedlgOrWeber, Natlonar Candy, and attXi Baer and 5Fuller sold unchanged and Rlce-Stlx was fraction lower. Total sales amounted 4,746 shares, compared with 3,146, Saturday. Bond sales were $11,000 against $3,000 Saturday.

Diy Qoods. New York, Dec. 31 dry gooda markets today were quiet and steady as a rule, with general optimism conceni- Ing prospects for 1929. Cotton, closed firm. Raw silk was duU.

Holidays were, being observed In Calcutta ourlap markets and tratte here was quiet. New York Cottonseed OU. New York, Dec. Cottonsaed 1 closed steady; prime summer yellow prime crude 8.25-8.S0. Chicago, Dec.

)-5oultry: Alive, easy; fowls, 2201270; springs, 27c; roostera. 20c; turkeys, 25c; ducks, 25c: geese, Igo. DIVERSIFIED INVBSTMEHTS INCORPORATED Kansas City. lUiMWl i The regular quarterly dividend of $1.76 per share on the rirat Preferred Stock; and $1.00 per share (at rata of onthe issue price) on the Class A and $1.00 per share (at the rate- of on the Issue price) on Class Stock, will be paid; on January 15, to the holders of record on January. at 3 :00 o'clock P.

M. r. B. CRANST. Vice Preslflent and Treasurer.

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Pages Available:
131,897
Years Available:
1896-1958