Richmond Palladium (Daily), Volume 46, Number 51, 8 January 1921 — Page 10
PAGE TWKLVE
MARKETS
GRAIN PRICES Furnished by E. wTwAQNER 4 CO, 212 Union National Bank Buttdina. . CHICAGO. Jan. 8. Export buying to the Continent has effected sentiment. This and ' short covering for over the week-end look responsible for 'the grain advance. During the week the present prices have met much resistance above $1.67 '.for May wheat and 75c for May corn and have failed to maintain looked for lower prices from here. RANGE OF FUTURES Furnished by E. W. WAGNER A CO, 212 Union National Bank Building. CHICAGO, Jan. 8. Following Is (he range of futures on Chicago board of trade today: Open High Low Close Wheat Mar. May .,..1.73 1.74 1.71 1.74. . . ..1.65 .,1-67 1.64 1,66 Rua May ....1.49 1.49 1.48 1.49 Corn May 74 .75 .74 .74 July 75 .76 .75 .75 Oats May 48 .48 .48 .48 July 47 .48 .47 .18 Pork May May May ..24.25 ..14.00 24.25 13.90 12.67 Lard Rib .12.67 (By Associated Press) CINCINNATI, O., Jan. 8. WheatNo. 2 red, $ 2.08 2. 09; No. 3 red, $2.05 2.07: other grades as to quality, $1.95g2.04. Corn No. 2 white, 77 78; No. 3 white, 7475; No. 4 white, 1WJZ. Corn No. 2 yellow, 78 79c; INo. 3 yellow, 76077; No. 4 yellow, 70 371. Corn No. 2 mixed, 7576. Oats, 4052; rye, $1.631.64; hay, $20 28. (By Associated Vrss. CHICAGO. Jan. 8. Corn No. 3 mixed, 6871; No. 2 yellow, 76. Oats No. 2 white, 4747; No. 3 white. 4546. Pork Nominal. Lard $13.15. Ribs $11.2512.00. (By Associated Prss TOLEDO, O., Jan. 8 Cloverseed Prime cash, 1919, $13.15; 1920, $13.50; Jan., $13.50; Feb., $13.65; Mar., $13.55; April, $11.65. Aisike Prime cash. 1919, $16.00; 1920, $16.30; March., $16.50. Timothy Prime cash. 1918, $3.35; 1919, $3.45; Jan., $3.52; Feb., $3.85; Mar., $3.57. , LIVE STOCK PRICES (By Associated Press) INPTANAPOLTS. Jan. 8. Hogs RerHpts, 8.000; higher. Cattle Receipts, 300; steady. Calves Receipts, 300; lower. Sheep Receipts, 100; steady. Top price, under 140 lbs.. $10 85 Most sales, all weights... 10 0010 50 Mixed and assorted, 160 to 200 lbs 10 5010 75 Mixed and assorted, 200 to 225 lbs 10 2510 50 Mixed and assorted, 225 lbs. up 9 5010 50 Fat back pigs, under 120 lb?, 10 75 down Other pood pigs, largely 10 25(fil0 50 Sows, according to quality i "w n in Most frood fows 8 25f S oO Sales in truck market 10 0010 "5 Rest heavy hogs a year a.KO 15 35 Rest ligrht hops a year ago 15 Zo Most sales of hogs a year ago .- 15 25 Cattle. KILLING ST1SKKS Good to choice, 1,250 lbs. up $10 0011 00 Common to medium. 1,250 lbs. up 8 50 9 50 Good to choice, 1,100 to 1.200 lbs 9 0010 00 Common to medium, 1,100 to 1.200 lbs. ... 8 00 9 00 Good to-choice. 1,000 to - 1,100 lbs. 8 00 9. 00 Comnion to medium, 1,000 ... - - t-f.ioo ibs. .. 7 oo;8 oo Good to best, under 1,000 lbs. ,-.v.....: 7" 00 8 00 Poor to medium, under 1.000 lbs 5 50 7 00 Good to best yearlings... 8 00 10 00 HK1FEKS Good to best. S00 lbs. up. . 6 50 8 00 Common to medium, 800 lbs. 6 00 7 00 Good- to best; under 800 lbs 8 0010 00 Common to medium, under 800 lbs 5 00 7 00 COWS Good to best, 1,050 lbs. up 6 50 8 00 Common to medium, 1,050 lbs. up 5 50 6 00 Good to choice, under 1,050 lbs 5 50 6 00 Common to medium, under , 1,050 lbs 4 75 5 25 Poor to good cutters 3 50 4 50 ruor to good canners .... 3 OOfti 3 23 BULLS Oood to best,- 1,300 lbs. up 5 50 6 50 Good to choice under 1,300 lbs 6 00 7 50 Fair to medium, under 1,300 lbs 5 00 5 50 Common to good bologna 4 504 5 00 CALVES Good to choice veals, under 200 lbs 14 5016 00 Common to medium veals, under 200 lbs 11 0013 00 Good to choice heavy calves 9 00 10 00 Common to medium heavy calves 3 00 8 00 Sl'OCKERS & FKKD1NG CATTLE Good to choice steers, 800 lbs. and up $ 7 00 8 00 Common to fair steers, 800 lbs. up Good to choice steers, un 6 00 7 00 der 800 lbs 6 00 7 00 Common to fair steers, un- , der 800 lbs 5 00 6 00 Medium to good heifers.. 5 00 6 00 lUUUlUIJI IU UOU COWS .... Stock calves, 250 to 400 lbs 4 004 5 00 6 00 7 00 Native Sheep and Lambs Good to choice ewe shecp$ 3 00 3 60 Good to choice wether sheep 3 00 3 50 Common to medium sheep 1 00 2 . 50 Fed' western lambs 10 00 down Selected ewe and wether iambs 9 00 9 50 Good to choice lambs .... $ 00 9 00 Common to medium lambs 6 OOrj 7 00 Bucks, per hundred ..... 2 00 3 00 DAYTON MARKET Corrected by McLean & Company, Dayton, O. Bell Phone, East 28. Home Phone, 81235. DAYTON, Ohio, Jan. 8. Hogs Receipts, two cars; market steady; choice heavies, $9.75; butchers and packers, $9.85; heavy Yorkers, $9.50 9.75; light Yorkers, $9. 9.50; choice fat bows, $7 7.75; common to fair sows, $67; pigs, $89; stags, $67. Cattle Receipts, 10 cars; market Blow; fair to good shippers, $10.00 $11.00; good to choice butchers, $9.00 10.00; fair to medium butchers, $8 9.00. Good to choice heifers, $7.00 $8.00; fair to good cows, $4.506.00; bologna bulls, $5.00 6.50; butcher Dulls, $6.utigr.uu; ooiogna, cows, $2.50 'o; calves, ?8.oo 12.00.
THIS
Sheep Market, steady; $l004.00 Lambs $7.00 9.00. 1 (By Associated Prsa) CINCINNATI, O., Jan. 8. Recepits Cattle, .100; hogs, 3,000; sheep, 175. $8010; fair to good, $6.508; common 7172. Corn No. 2 ylelow, 78Z79; to fair. $4 6.50. Heifers, good to choice, $89; fair to good, $68; common to fair, $46. Cows, good to choice, $6 7.50; fair to good. $56; cutters, $3.7504.50; canners, $2.50 3.50; stock steers, $58; stock heifers, $45; stock cows, $3.50 4.50. Bulls Weak; bologna, $5.50 6.50; fat bulls, $6.757.50; milch cows, steady: $30 115. Calves 50c lower; extra Hogs Strong: heavies, $9.5010; good to choice packers and butchers, $10; medium, $10Q10.75; stags, $5 6.75; common to choice heavy fat sows, $6 8.25; light shippers, $10.75; pigs, 110 lbs., and less, $10 10.75. Sheep Steady; good to choice lights, $4.505; fair to good, $3 4.50; common to fair, $1.50 3; bucks, $1.50 4. Lambs, good to choice, $12.75 13; fair to good, $11 12.75; skips, $68. (By Associated Press V CHICAGO, Jan. 8. (U. S. Bureau of Markets) Cattle, 1,000; compared with a week ago, beef steers, above $10.50; around steady; others 25 to 50 cents higher; butcher cows, heifers, and bologna bulls, 25 to 50 cents lower; canners, 25 cents lower; light veal calves, 25 to 50 cents lower; other veal calves unevenly steady to higher; stockers and some grade feeder steers, 25 to 60 cents higher; cheap light stockers advanced most. Hogs 8,000; active; 10 to 25 cents higher than yesterday's average; butchers up most; top, $10.15 for 160 to 170 lb. offerings; bulk, $8.509.95; pigs, 15 to 25 cents higher; bulk && sirable, 90 to 130 lb. pigs, $10 10.15. Sheep 3,000, compared with a week ago fat lambs and yearlings $1.00 to $1.50 higher; mature sheep, 75c to $1.00 higher; feeder lambs, 25 to 50 cens higher. (By Associated Press) EAST BUFFALO. Jan. 8. Cattle Receipts, 400 ; steady. Calves Receipts, 400, 65c lower; $14.0017.35. Hogs Receipts, 5,600; light, 25c lower; heavy, $10.25(3)10.50; mixed, $10.50 10.75; Yorkers, $10.7511; light Yorkers and pigs, $11; roughs, $11; roughs, $8.508.75; stags. $56.50. Sheep and Lambs Receipts, 2,000; lambs 25c higher; lambs, $13.25; others unchanged. (By Associated Pressi PITTSBURGH, Pa., Jan. 8. HogsReceipts 6,000; market 6teady; heavies, $1010.25; beavy Yorkers $10.75 11; light Yorkers and pigs, $10.75 11.00. Sheep and Lambs Receipts 100; market steady; top sheep $6; top lambs, $12.50. Calves Receipts 200; market is steady; top, $18.50. PRODUCE MARKET INDIANAPOLIS, Ind., Jan. 8. Butter Fresh prints, 52 55c; extra, C5c; packing stock, 2022c. Eggs 5758 cents per dozen.) Fowls 2527 cents; springs, 25c; capons, 35c; roosters, 15c; turkeys, old toms, 80c; young toms, 3540c; hens, 35c; squabs, 11 lbs. to the dozen, $7; guineas, 2-lb. size, dozen, $8; rabbits, $2.502.75 per dozen; geese, 2Qc. (The Joe Frank Company, 923 Xenia Avenue, Bell, East 2819, Home 3485.) DAYTON, O., Jan. 8 Poultry, alive, paying. Old hens, 25c lb.; chickens, 25c lb.; roosters, 16c lb.; young chickens, 26c lb.; turkeys, 45c lb.; old toms, 30c lb.; ducks, 26c lb.; geese, 25c lb. Eggs Fresh, paying 50c dozen. Butter Creamery, paying 57c lb. (By Associated Press) CHICAGO, Jan. 8. Butter MarketLower; creamery firsts, 49. Eggs Receipts 2.G66 cases; market lower; lowest 5661; firsts 64'5. Live Poultry Market unchanged. Potatoes Dull; receipts 47 cars; Northern Whites, sacked, $1.251.35 per cwt. (By Associated Press) CINCINNATI, Jan. 8. Butter fatSteady. Eggs Steady; prime firsts, 62c; firsts, 60c; seconds, 52c. Poultry Steady; springers, 40c; hens, 32c; turkeys, 35c. NEW YORK STOCKS (By Associated Press) NEW YORK, Jan. 8. Close. American Can 28 Am. Smelting 38 Anaconda 39 Baldwin Locomotive 88 Bethlehem Steel, b 57 Vi Chesapeake & Ohio 61 Chino Copper 21 General Motors 15 Goodrich Tires 42 Mexican Petroleum 154 Pennsylvania 41 Reading 83 Republic Iron & Steel 65 Sinclair Oil 24V4 Studebaker , 50 Union Pacific 121 U. S. Rubber 67 U. S. Steel 82 Utah Copper 54 LIBERTY BONDS (By Associated Press) NEW YORK, Jan. 8. Final prices on Liberty bonds today were: 3 $92.44 First 4, bid 87.00 Second 4 86.90 First 4 87.40 Second 4 87.16 Third 4i 90.50 Fourth 4Vi. 87.50 Victory 3 97.00 Victory 4 96.98 LOCAL HAY MARKET Steady; No. 1 timothy, $22.50; clover. $20.0023.00; heavy mixed, $20. (By Associated Press) INDIANAPOLIS, Jan. 8. HayWeak; No. 1 timothy, $26.0026.50; No. 2 timothy, $25.00 25.50; No. 1 clover, $24.50 25.00. BUTTER QUOTATIONS The wholesale price for creamery butter is 56 cents a pound. Butter fats delivered In Richmond bring 45 cents a pound. FRUIT and VEGETABLES Leaf lettuce, 40 c;ats lb.: head let tuce, 49 cents lb.; onions, 5 cents ib.; Bermuda onions, 10 cents Ib.: parsley,
KlCHMOND PALLADIUM AND
15 cents a bunch; grcm mangoes, B cents each; garlic, 50 cent ib.; cabbage. 5 cents lb.: sweet potatoes. 15 cents a bunch; green mangoes, 8 10 cents lb.; cucumbers, 35 cents each; turnips, 10c lb.; carrots, 8c lb., 2 lbs for 15 cents; egg plant, 25 cents lb: cauliflower, 25 cents lb.; celery, 15 cents -bunch; Brussel sprouts, 50 cents quart; domestic endive. 30 cents lb.; parsnips, S cents lb.; pumpkins, 15, 20 and 25 cents; oyster plant, 2 for 25 cents. ' FRUITS Bananas, 15 cents pound: lemons. 30 cents doz.; oranges, 39 cents doz.; Navel oranges, 60 cents doz.; Tokay grapes,40 cents lb.; grapefruit, 10 and 20 cents: cocoanuts, 20 cents each; cranberries, 23 cents lb.; English walnuts, 45c and 65c lb.; chestnuts, 50 cents lb.; black walnuts. 5 cents lb. PRODUCE BUYING Country butter, 40 cents lb.; eggs, 55 cents a dozen; chickens, 25 cents a lb. LOCAL GRAIN MARKET Richmond flour mills are payins $1.85 for No. 2. LOCAL QUOTATIONS (Furnished by Wnelan) BUVlNb Oats, 45c; rye, $1.50; straw, per ton, $12.00; new corn, 65o per bushel. SELLING.. Cottonseed meal, ton, $45 1 per cwt, $2.35. Oil meal, per ton. $53.50; per cwt, $2.75. Tankage, 50r $65.00 per ton; per cwt. $3 35. Tankage. 60 per cent, $72.50 ton; per cwt., $3.75. Wonder Feed, per ton, $43.50; per cwt. $2.25. Barrel Salt. $3.75. Middlings, $43.50 per ton; $2.25 per cwt. Bran, $40.00 per ton; $2.15 per cwt. Flour middlings, $48 per ton; $2.50 per cwt. OUR NAVAL STRENGTH HALF GREAT BRITAIN'S TWICE JAPAN'S, CLAIM (By Associated Press) WASHINGTON, Jan. 8. Information now in possession of the American government on the relative strength of the three principal naval powers, believed to be complete, shows the present naval strength of this country to be about half that of Great Britain, while more than double the sea-power of Japan. In first line major ships, including battle ships and batle cruisers, the British navy on January 1, 1921 this information shows numbered 28 vessels of 723,650 tons, while the United Stotes possessed ten vessels of 300,100 tons, and Japan nine vesseis of 287,520 tons. While capital ships under construction for the American navy including 12 dreadnoughts and six battle cruisers, to be completed in 1923, will practically offset the British preponderance in this class of vessels, the information shows that the American fleet will be greatly inferior in types of vessels regarded by naval officers as of the first importance in naval strength. These types include notably destroyer leaders, cruisers and light cruisers and cruising submarines. Although with the completion of the present authorized building program of the two countries, the American navy will have only six battle cruisers as compared with 12 for Japan, It will more than maintain a 100 per cent superiority by virtue of its greater number of battleships and supplemental types of warcraft. GOVERNMENT TO OPEN HUGE HELIUM PLANT; BUILT UNOER GUARD (By Associated Press) FORT WORTH. Texas, Jan. 8 Finishing touches are being put on the federal gavernment's $5,000,000 helium gas plant six miles north of Fort Worth, and operations on a large scale are expected to begin soon. The announcement is made by Lieutenant Griffin who is in charge, as the representative of the navy department. The last of the machinery was shipped to Fort Worth before the first of the year. Established in 1917 at. a cost of $800,000 the plant has been an experiment station thus far. But the worth of the gas and its economy for use by the navy and army balloons has been proved to the satisfaction of military experts. Pumps Gas for City. In addition to the plant near Fort Worh, the government also has constructed a private pipe line from Petrolia, which brings natural gas from the Lone Star Company's wells right into the plant. After the argon qualities, from which helium is obtained, have been extracted, the gas is returned to the mains and burned by Fort Worth and other consumers in northern Texas. The argon helium plant was erected in ereat secrecv. a euard of soldiers being constantly maintained around it until after the armistice. During war days admission was denied to the public and only picked workmen were employed. Shipped in Cylinders. The experiments at the station had been so successful before the armistice that it was predicted the use of the argon gas would speedily terminate the conflict. However, no opportunity was ever given of testing it out in battle. The gas is non -inflammable and non-combustible. Its value was discovered before the war but the process of extraction was too costly to make the gas practical. Government agents have since perfected an economical method. v The gas is shipped from Fort Worth to Galveston and New Orleans in cylinders and loaded there aboard navy department vessels for transportation to balloon fields. Arrest New Jersey Pastor For Violation of Mann Act PASSAIC, N. J., Jan. 8. The Rev. Cornelius Dansel, former pastor of the First Netherlands Reformed church here was arrested on a federal warrant charging violation of the Mann White Slave act. The arrest was the result of the alleged elopement of the clergyman with Miss Trina Hanneberg of this city, a former member of the church, during which it was charged they visited New York, Buffalo, and other places. .Two civil actions have been brought against the Rev. Mr. Dansel by Miss Hanneberg and her 'parents, as a result of the elopement.
SUN-TELEGRAM, RICHMOND,
; Musical Comedy at Washington
Stars of Attraction Miss Gudrun Walberg, the Norwegian musical comedy star, and Mr. Allan Carter, leading tenor in LeConipte and Flesher's musical comedy, "My Sunshine Lady" which will be the attraction at the Washington theater, Saturday matinee and evening.
Try Shipment of Wheat From Alberta to Europe (By Associated Press) CALGSOBY, Jan. 8. The first important shipment of Albert wheat to Europe by way of the Pacific and the Panama canal is now en route to Liverpool and French ports from Vancouver, it was learned today. The steamship is carrying 3,000 tons. The shipment is in the nature of an experiment. In view of the prevailing high ocean rates, the cost will be somewhat greater than the ordinary route of shipping by rail to eastern Canadian ports and thence by steamer. HUSBAND WONT JOIN; WIFE FASTS 40 DAYS (By Associated Press) DANVILLE, 111.. Jan. 8. For the first time eince his wife, forty days q cm Vnacan faQtlnir In on flttpmnt to induce him to abandon his produce busi-1 ness and join her as an evangelist of her religious faith, Ernest S. Harring ton today admitted he was worried over her condition. "I thought she was only bluffing when she started," h said, "and would sr.nn srivp nr. tipr foolish notion, but I
now see she is determined to go theiPr outcome of the meetinj at limit, and I am just as determiner! as ' Greensfork, between the elevator men she is. Lawyers have informed me ! Rd bureau directors could be that I cannot be prosecuted in the I 'earned. . event her fast results in death. I have 1 IaRS fr th inf,'t" o be held at done everything to induce her to eat Boston, Feb. 2 and 3. have practically except to join her church, and I won't DPCn completed, and final announcedo that " ; ment probably will be made next Harrington said the only religion ho 1 Monda"- ne 'in e "Purdue knows is the "Golden rule," and does day. and on the other day the pronot believe it necessary to have any . Pram be local.- One feature of 0jner "local day will be instruction in corn He is receiving many letters, some 'judging conducted as a separate praising his wife's attitude and others .school by the county agents of Wayne from persons congratulating him for ! and Urnon counties, during the regular not yielding. One woman informed afternoon session. him her husband threatens to emu'ate jstiSrasr unlMS ,he "'".BOSTON DEFEATED BY
Relatives deny that Mrs. Harrington has a high fever, as had been rumored, but admit that she has grown much weaker and is more restless. MILTON BANK REPORT REQUESTED BY COURT Fariv jpttlf - MILTON. Ind., Jan. 8 ment of claims against the Farmers' bank of Milton was urged at a meeting of depositors and claimants held in the I.O.O.F hall here Friday afternoon. Legal action is being contemplated by the depositors if some kind of settlement is not made soon. The committee which was appointed at a meeting three weeks ago was instructd to visit the judge of the Wayne circuit court and inform him that many of the depositors are in need of an adjustment. William Kelley, of Richmond, has been retained as attorney for the depositors and probably wiH present the resolutions adopted at the meetings, to the court. Sixty-five additional depo si t o r s signed the resolution and articles of association at Friday's meeting. The resolution is in the hands of Ed Beeson, who is chairman of the committee. It is expected that the matter will be brought before Judge Bond within the next few days. Only those whose claims have been allowed are signers of the resolutions. OBREGON WILL ENTERTAIN PARTY OF U. S. CITIZENS TACOMA, Wash., Jan. 8. Elmer Dover, western manager for President-elect Harding in the recent campaign today received a passport to visit Mexico. He announced that he will leave San Francisco for Mexico City, Jan. 17 in company with three western friends. The party will be the personal guests of President Obregon of Mexico for . two weeks, Mr. Dover said. SLACK DEMAND FOR FUEL OIL CAUSES DROP IN PRICE SAN ANTONIO. Tev., Jan. 8. At the opening of business today refiners announced a cut of fifty cents in Texas Somerset crude oil which they are buying today at $2.50 a barrel, a reduction of one dollar since December 1, 1920, when another fifty cent reduction was announced. Slackening demand, especially for fuel oil was given as the cause.
1ND, SATURDAY, JAN. 8, 1921.
GWEN DUKE TO HEAD BOSTON FARM BUREAU; INSTITUTE PLANNED The annual election of officers was held at the monthly meeting of the Boston township farm bureau, held at the Bunker Hill school Friday evening. The new orficinls are: President, Owen Duite; vice president. Harvey Bosworth ; secretary-treasurer, Ed. Maley. Members of thp board of directors are: For the first district. Warren Fleisch; second. Dr. W. B. Ma.;sie; third, W.S. Miller; fourth. Charles Williams; fifth. W. L. Magaw. Consider Fertilizer Purchase. After the election of officers, co-operative buying of mill feeds and tankage for the members, was considered, over a dozen agents submitting prices. A committee of three ; cmtunmu, cmu-i bus leman and Harvey Bosworth was named to consider the terms offered and report in a few days when action would be taken. ne Pooling oi ierunzer orders tor the township was postponed until afThe pooling of fertilizer orders for GENTERVILLE HIGH
CENTERVILLE, Ind., Jan. 8. Thej-ew .wanton. ; Centerville high school basketball i Monday, January 17. i team defeated the Boston high school I . In Johnson & Wiggans" sale pavil-Koctr,fi,-,n toom r,n tha inrai finer' c-i- i lion, one-half mile south of Winches-
day evening by a score of 26 to 13.iter -T- H- Sheppard and sons will hold iThe first half endd 14-9 in favor of annual saIe of BiS Type Poland China !the locals. The 'game was featured I brood sows.
!by c!ean playing of both teams. The lir-eup and score of the game1 are as follow: Centerville, -'6 Boston, 13 Fisher F Duke Terry F H. Dill3 Cook C Samuels Davis G Miller Jackson G L. Dills Substitutions Harris for Jackson. Field Goals Terry 5. Fisher 4
Cook 2, Miller 2, Samuels 2, L. Dills l.jtain City, a closing out sale of liveFoul gcals Cpok 3. Fisher 1, Mil- stock, etc.. at 10 o'clock.
ler 2. Samuels 1. Referee Bertsch. Former soldiers of the United States j army who have been placed in depart-1 mental positions in Washington earn ' anywhere from $1,200 to $3,500 a year. I All salaries under $2,500 carry a yearly bonus of $240.
Burglaries and Hold Ups Are Now Daily Occurences , Are YOU Protected With BURGLARY INSURANCE? If Not, Call 1330 Dougan- Jenkins & Co.
Irish Police Barracks j Attacked Friday Evening
DUBLIN, Jan. 8. The polie barracks at Tramore, County Waterford. in the martial law area, were attacked last evening and a military party which was sent to the relief of the police wae ambushed near Tramore, it was officially stated today. After heavy fighting, says the statement, the members of the ambushing party were dispersed, leaving three dead. It i believed, adds the statement, that the attacking force suffered other casualties. One soldier was wounded in the fighting and one policeman was wounded in the affair at the barracks, the attack upon which was repulsed by the police. GROWEnTTOMAKE PLANS FOR HANDLING MARKETINGS WHEAT (By Associated Press) WICHITA, Kan.. Jan. 8. A financial plan to "control and market wheat at a price based on cost of production plus a fair profit," will be worked out at a national convention of the Wheat Growers' association of America early in the spring, it is announced by W II. McGreevy, secretory-treasurer. Organization of the association, the membership of which exceeds 100,000, according to Mr. McGreevy, will be completed in the early months of 1921 in the wheat producing states of the middle west, he declared. He included Minnesota, North and South Dakota. Nebraska, Kansas, Oklahoma, Texas and parts of Colorado and Montana. "The financial plan to be adopted Is one that will enable the wheat grower, who requires money to carry him over the period while lie H waiting for suitable marketing conditions, to borrow money on his wheat at a reasonable rate of interest," said Mr. McGreevy. Would Pool Wheat. "The pooling plan of holding our wheat requires the wheat grower to sign agreements which are binding and effective, wherein he agrees to market no wheat until the price of our association, based on cost plus a fair profit, is receive. "The wheat grown by the members of the association shall be markoted gradually and uniformly throughout ; the year as the flour mills and the ex porters may require to supply the legitimate demands of trade. "That no injustice may occur to the wheat growers, while holding their wheat to be marketed under this plan, a storage price that will be fair and just will be allowed to the wheat grower for each month he is requested to hold his wheat for proper marketing conditions. Uniform Marketing. This storage price w'ill enable the wheat growers to deliver their wheat uniformly to market throughout the year without discrimination and in justice to any one of them. "In answer to the question sometimes asked as to the meaning of the words on our membership cards where a member signing agrees To abide by the regulations adopted by such organ ization for the purpose of regulating and marketing the price of our wheat after 1919,' I would say that this obligation of our membership is necessary to a uniform and concerted action by it to accomplish the objects of our association. "All rules and regulations are adopted by our membership either in national convention or by committees so authorized by it; so that all obligations of our membership are of its own choosing and are not at any time arbitrarily forced upon it." Farm Sale Calendar Tuesday, January 11. Robert E. Whiteman, 6 miles north of Richmond, on thi Arba pike; general closing out farm sale, a 10 o'clock. J. C. Banta, 42 miles northeast of Eaton will hold a closing out sale Saturday, January 15. A sale will be held on the farm of ; Mrs. Patterson, l'i miles north of m j - A general farm sale will be held Jan- ls by E. R. Elleman on the J. L. Potter farm, two miles south of Lynn ina. Wednesday, January 19. A big type Poland China sale will be held by F. A. Williams, near Williamsburg. Thursday, January 20 C. L. Gifford, 8 miles north of Rich mond, and 2 miles south-east of Foun HEAR BENTLEY at First M. E. Church 9:15 Sunday Morning
ACTION OF CONGRESS OVERCOMES BEARISH i FACTORS IN WHEAT
- ? . . i (By Associated Press) " I CHICAGO. Jan. 8. Congress 1 has wielded the deciding influence this . week in the wheat market. Enactment of the war finance bill together with steps toward an emergency tariff more than effect all bearish factors. As a result wheat prices this morning compared with a week ago were lc to 3 Vic higher, corn was unchanged to c up, and oats varying from c decline to lc advance. Provisions showed gains of 52 to 80c. Action at Washington over-riding the Presidential veto of the war finance bill gave immediate impetus to upturns in the wheat market, but realizing of profits led to a reaction which was accelerated by reports that the Egyptian government would try to resell 11,000,000 bushels contracted for in Australia. Later additional weakness resulted from gossip that Argentina was offering wheat to Geraiany 15 to 20 cents cheaper than United States wheat could be obtained. Failure of a London bank counted also against the bulls. Then came news pointing to success for the proposed emergency tariff, including a duty which would tend to bar Canadian wheat from the domestic market. Prices again jumped upward and bullish sentiment continued despite a subsequent sharp increase. of the estimated surplus yield in Argentina and Australia. Material enlargement of the movement of the corn crop was effective In holding down prices for corn and oats. Provisions were governed largely by the course of the hog market. Ar.iv iiiniv. jail, n. i iib urzu. werx rf 4ha YtAlir ryi v ti-q a rliQPQ(fA,iuul flirt a marked increase of activity at higher prices for stocks and bonds, although the credit situation continued somewhat strained and the reinvestmentdemand was comparatively light. Sentiment among traders and the professional element was more hopeful but due account was taken of the important changes still in progress in the commodity markets and In general lines of trade and industry. Gains in the stock list were most substantial among the speculative Issues comprising the industrial and special varieties, this same condition applying to the bond market, in which convertible rails developed pronounced strength. Briefs It's Time to Insure DOUGAN-JENKINS CO. Hear Bentley at First M. E. Church, 9:15 a. m. Sunday. NOTICE All Master Masons meet at the Temple, Monday, Jan. 10, 1 p. m. to attend the funeral of Bro. Geo. J. Knollenberg. Joseph F. Ratliff, W. M. NOTICE TO MEMBERS The annual meeting of the Richmond Country Club will be held at the club house Friday evening, January 14th, for the election of officers and the transaction of such business as may come before the meeting. YOUR SAFETY INSURED Against Hold-ups, Burglary, Theft If you see me before you are "seen." BILL SCOBLE Phone 1459 RELIABLY EFFICIENT At All Drug Stores For Scrofula, Rheumatism, Catarrh and the Blood. Sulphur Vapor Baths for Ladies and Gentlemen Vapor Bath Parlor Phone 1603 . 35 S. Tlth SL STEVE WORLEY GARAGE , Agents for MITCHELL AUTOMOBILES" First Class Repair Work U S. Tires and Accessories 211-213 N. W. 7th St. Phone 4878 APPLES Per Basket, $1.00 E. R. BERHEIDE Phone 1329 244 8. 5th SL Free Delivery OUSTY'S SHOE IWSS emsiTt tu V. KSf or G4S orrttg
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