davidaulloa/AmericanStories huggingface dataset:
Evening star., 1939-12-10
Market Resumes
December Boom
In Wheat Prices
Quotations Are Lifted
Near 1wo-Yeur
High Levels
By FRANKLIN MULLIN,
Associated Press Market Writer.

CHICAGO, Dec. 9.-The Decem-
ber boom in wheat prices Was re-
sumed today after yesterdays set
back with gains ranging up to 2
cents a bushel, lifting quotations
back to near tWo-year-h high levels.
Failure of the official weather
forecast to verify private predictions
of moisture relief in the Southwest
caused many dealers who sold on
Yesterdays reaction to cover these
sales or reinstate holdings. The Of
fetal promise was for clear, mild
weather in the drought zone. Par
tial confirmation of serious wheat
crop losses in Argentina also added
fuel to the buying.
Maximum at Final Hour.
The markets maximum upturn
was reached in the final hour, when
prices ranged from IL to 2 cents
above yesterdays close. Some profit
taking in final dealings caused a
slight reaction, but prices closed 7s-
1ss higher than yesterday, Decem-
UcI St1S, WAY VfI6-oo. ASSSAAAS~A
wheat reached 981s at one stage,
within about cent of the two-year
peak established Thursday.
Corn closed A-5s cent higher, De-
cember 5414-as, May 55s4 Is; oats,
A-ss up; rye. 1A-1A higher; soy
beans, l2-1 cent up, and lard un-
changed to 3 higher.
Corn in Sympathy.
The upturn in corn was in SYM
pathy with the action of wheat. Re-
ceipts were 158 cars and shippers
sold $1,000 bushels, while 10000
bushels were booked to arrive.
Slightly higher corn prices this week
attracted increased receipts at most
markets, the IL principal interior
points receiving 5,125,000 bushels,
100000 more than last week and
1000, 900 more than a year ago.
The sharp upturn in rye to a new
Evening star., 1939-12-10
Scandinavian Bonds
Emerge Strongly
On Upside
Distress Liquidation
Appears Completed,
Brokers Soy
By the Associated Press.

by the Associated Press.
NEW YORK, Dec. 9-Scandi-
navian bonds emerged strongly on
the upside of today's market, re-
versing the direction of most OF the
week, when the group suffered
severe losses on selling inspired by
the Russian attack on Finland.
Finland IS ended 5h points
higher at At and Denmark IS
emerged with a gain of 134 at Ga.
All but one issue of Norway bonds
were up u to "a. The turnover was
good, for a Saturday, in all of them.
Brokers said distress liquidation
of these bonds appeared completed
for the moment, with indications
holders were preparing to sit tight
and see what the Big Bear could
do to the little republic before max
ing further offerings of size.
Domestic loans emerging with a
little advance included Illinois Gen.
trail 4s4s at 445s, Delaware g. Hud-
son refunding Is at So, Bethlehem
Steel 3a4 at 10434, and Pacific Gas
334 at 110A. Backing away a shade
or holding unchanged were Wal
worth SIS, Studebaker IS, Shell Union
21as, Pennsylvania AIS, Erie SIS, In
ternational Telephone SIS. and In
ternational Hydro Electric IS.
U. S. Government bonds were all
but neglected. Closing prices for
the few issues appearing ranged
from 1870 hipher t0 6-32 10wer
Sales of $3,0l3,2OO face value,
compared with $3,l86,000 last Satur-
day.
Evening star., 1939-12-10
Foreign Exchange

NEW YORK, Dec. . cP';-The Swedish
krona and the Norwegian krone normally
two of the most stable of all European cur
rencies' dropped in today's foreign ex-
change market.
:, The krona lost .o4 of cent. and the
krone .02 OF a cent in terms of the dollar
The Scandinavian currencies form part
Of group termed the sterling bloc
currencies pegged to the British pound
because Of close trade, ties with England.
The British pound and French franc
moved ahead slightly Unchanged were
the belsa, Ruilder and Swiss franc.
Closing rates follow:
Great Britain Britain in dollars others in cents;
Britain, cables, 3.91A z; 6O-day bills 3s6Ia
20. day bills, 3.S4l2: Canada. Montreal in
New York. 800; Canada. New York in
Montreal; 1l5oo: Belgium, 1850; Den
mark. 1888; Finland. 1.95n; France. %;
Germany. 4O25n: benevolent. 1775
Greece; :I2lzn; Hungary. ,l7.60n; Italy
portusal 3.65n; Rumania.. %, Sweden,
%. 1S Switzerland. 2243; Argentina foffi-
ciaD: 29.77:. Argentina tfree). 2c95:
Brazil (ofticiaD. sos: Brazil free). -5.l0;
Mexico. 20.60n; Japan, 2349: Hon. Kong
24;44 SHANGHAI 40: Yugoslavia.. 2.35n
Rates in spot cables unless otherwise
indicated. n-Nominal.
Evening star., 1939-12-10
CommodityPrice
Chongesin Week

NEW YORK, Dec. 9 (P.-Grains
and cotton stepped upward in cash
wholesale commodity markets this
week
Wheat hit a two-year high and
climbing with the cereal we're corn,
oats and rye. These gains, coupled
with an advance in cash cotton,
helped lift the Associated Press in
dex of 35 weighted spot wholesale
commodity prices, with 1926 as 100.
to 1928 The latest figure compared
with 7270 in the preceding week
and $3.50 year ago.
The grains and cotton" COM
ponent of the index reached a new
high for 1885,
Along with cotton, cash wool and
silk advanced. Turpentine was
marked up in the industrial ma
terials division. Lower, however,
were cash rubber, steel scrap, tin
and zinc.
An advance in lambs was Offset
by dip in hogs in livestock mar
kets.
The cOnmOditv indey and its
Evening star., 1939-12-10

Wheat. No. 2, red winter, garlickv,
spot, domestic, l04. Closing prices
were: Wheat, No. 2.red, winter. gar
licky, spot, domestic, LOS. Corn No.
2, yellow. domestic, bushel 65a67;
Western billing at premium over
this price Cob corn, barrel, new,
288a3 90; country prices reported,
265a28 Oats. bushel. No. 2, white,
domestic, 53a58; Pacific Coast No. /,
white, 70a72
On all sales of oats to the local
trade, excepting those on track,
there is an additional charge Of la4
cents per bushel for storage and
elevation, which is paid by the
buyer.
Rye, No. 2, bushel, 65a70. Barley,
No. 2, bushel, 57a62. Hay, ton, 10 .50a
l4OO. Wheat straw. ton, 6.50a7O0.
Flour. barrel, winter. patent, 5.45a
5.75; winter. straight, 4.35a460:
spring. patent, 605a630; spring,
straight, 5.8Oa6.00; hard winter, pat
ent, 5.7Oa5 80; hard winter. straight,
5.5Oa575; rye -four, dark to white,
4.15a495.
Mill feed, ton, spring bran, 30.0Oa
31.00; standard middling, 3O.OOa
3100.
Evening star., 1939-12-10
Cotton Futures Hif
Highest Level
In Two Years
Demund for Textiles
And Export Buying
Are Factors in Rise
BY the Associated Press.

by Lne Associated FreSS.
NEW YORK, Dec. 9.-Cotton fu-
lures raced ahead again today to
establish the highest prices in well
over two years. Final quotations
were up to 16 points.
Sudden pickup in demand for cot
ton textiles after days of inactivity
combined with heavy purchases of
the staple for export to force prices
ahead. brokers said.
Profit takers got in the way of the
advance around morning but
the market had sufficient momentum
to lift final prices close to the days
best.
Contracts were supplied through
hedge sales and offerings from local
interests.
Gray goods sales in Worth street
on Friday were estimated at between
25,0OO,000 and $4,000, 900 yards, larg-
est turnover in days.
Converters' interest suddenly re-
vived many buying for the first
quarter of next year, and prices re-
covered part of recent declines.
Exports Friday, 28,246 bales; sea-
son so far, 2,637,768 Port receipts,
29,575: port stocks, 3,120,071.
Range follows.
Evening star., 1939-12-10
Close Cotton Control
Attends Conflict
In Europe
Most Non-Combutonts
Have Put Restrictions
On Re-Export
~ the Associated Press.

0y the Associated Press.
The Agriculture Department re-
ported yesterday that the European
conflict has been attended by close
control of trade in raw cotton and
cotton manufactures in practically
all European countries, neutral as
we'll as belligerent, and throughout
the British and French Empires.
Both cotton and dry goods have
been listed as conditional contra
band by the principal belligerents
and shipments to destinations al
fected by naval blockade are SUB
1ect to interception and seizure.
The department said that whether
as protection against exchange f1uc-
tuations, rising prices, unemploy-
ment and to conserve adequate sup
lies for home consumption, or as a
guaranty of neutrality, most non
combatant countries of Europe have
placed restrictions on the re-export
of cotton and cotton goods.
Early Measures Taken.
Not all of the existing controls,
however, have come as sequence
of the open warfare, the department
said. Under the threat Of hostili-
ties, which for more than year be-
fore the outbreak had overhung the
European scene, measures were
taken in all belligerent and some OF
the neutral countries IN preparation
for possible armed conflict.
The department said that among
the chief factors in the situation
affecting American cotton exports
to all countries are sea warfare ana,
in the case of shipments to countries
other than the United Kingdom and
France, the naval brockade.
"Straight-Form" Bills.
As a means of minimizing delays
incident to the blockade, shipping
lines are reported to have dlscon-
tinued the practice of accepting cot
ton cargo destined for certain
neutral European countries on the
customary "order form" bills OF lad
Ing and have issued only "stralght-
form" bills of lading, which provide
for unconditional delivery to the
named consignee.
The department said some hope
has been entertained for relaxation
of this restriction, which would per-
init a return to the use of the order
form bills with greater usefulness
from the standpoint of export
financing.
The department said Great Britain
had promised a relaxation of its
blockade restrictions under the
Navicert plan.
Evening star., 1939-12-10
Allison Engineering
Expands Employment
BY the Associated Press,

INDIANAPOLIS, Dec. 9.-Allison
Engineering Co., a General Motors
Corp subsidiary. announced today
expansion in employment to $500
from 800. Two years ago the COM
pany. which is making $l8.000,000
worth of Army airplane motors, had
260 employees.
Evening star., 1939-12-10
Odd-Lot Dealings
~ the Associated Press.

y the Associated Press.
The Securities Commission reported to-
day these transactions by customers with
odd-lot dealers or specialists OF the New
4es7 purchases. involving s3,423 shares;
3275 sales, involving. 1884 shares, n,
Guiding 81 short sales involving 1.Ooo
shares.
Evening star., 1939-12-10

Many need help at Christmas.
Share your merry celebration most
effectively by sending q cash con-
tribution to The Stars Christmas
Heart Fund. Some one will thank
vou
Evening star., 1939-12-10

C0ttOnseed OIL
Sufficient demand for cottonseed oil
futures was induced by frmness Of grains
to lift prices / TO s points today Re-
vanced
Sales totaled only 80 contracts. Decem-
Der. 6:75b: January. $50; March. 6.96b:
May. 7.07; July. 7.16. Bid.
Crude oil was steady in all sections of
the South at a bid of 5s4 cents.
New Orleans Prices.
NEW ORLEANS Dec (PC.-Increased
price fixing and covering by shorts car
ried cotton futures to new highs for the
prices were steady at net gains of Z to II
Dopts
Evening star., 1939-12-10
Industry
Continued From First Page)

time of the year when operations
usually slow down. Fear of higher
cotton prices may have been a fac
tor. Another explanation was that
inasmuch as the British ans French
have bought up practically all the
worlds supply of burlap and burlap
bags for use as sandbags, demand
for heavy cotton cloths would be
increased immensely.
The unseasonably mild weather
in some sections of the country re-
strained soft coal production and
anthracite mines. with huge stocks
on hand. shut down in many cases.
Lumber output increased but new
orders were behind production and
shipments.
Expansion Plans Increased.
Electrical equipment, machine tool
and farm implement industries were
at high rate of production. Public
utilities were. expected to furnish
much business for the first as ex-
pansion plans for 1910 have been
substantially increased. The latest
announcement this week was that
Union Electric Co. of Missouri would
spend $2O,00O,000 for new construc-
ton.
Orders for machine tools poured
IN from abroad and plant expan-
sions in many industries provided
peacetime business. The prospect
of much higher grain prices lifted
hopes farmers would step up their
buying of equipment, which has been
at a high level in recent months.
Year-end bonuses, higher pay
rolls in industry and increased
Christmas fund distributions lifted
retail trade from to IL per cent
above the corresponding period last
year. Best comparisons with 1898
Dun & Bradstreet reported, were in
the East, the South and Middle
West.
In some stores.' said the review
"gift articles in the luxury and semi.
luxury class were said to be selling
at the best pace since 1929; others
found lower-priced merchandise
sales activity outstanding, while
many reported volume still too re.
stricted to confirm any trend ir
price emphasis"
Unusually Good Sales.
Items such as electrical appli.
ances, chinaware and home furnish
ings attracted unusually good sales
In number of cities. The extension
of credit facilities was believed tt
have increased turnover in these
lines.
Wholesale ordering again wa:
"cautious" but calls from rural mer.
chants were somewhat more numer.
Gus than in the preceding period
In dry goods markets there was com.
paratively little activity.
Cash commodity prices tended up.
ward as did the sensitive future.
markets. For the first time in two
years wheat touched 81 a bushe
and hovered in that vicinity all week
and cotton was sharply higher
Gains were recorded for turpentine
cocoa, hour, lard, Dutter, lamb corn
oats, rye, wool and silk. On the
downside were rubber, steel scrap
eggs, hogs, tin and zinc.
Prospect the Argentine wheat crol
would be the smallest in % years
and that the winter crop in this
country would barely equal that o1
1888, with Australia's production
small, gave the flip to the grains
With a war on and short crops ir
the Western Hemisphere, "ths
worlds bread basket" it was though
likely present surpluses would bt
used up much more quickly thar
had been anticipated.
Dun e. Bradstreet's retail fooc
price index dropped another 3 cents
to the level of the week Immediately
following the outbreak of the war
Evening star., 1939-12-10

Also extra or extras. Dec1ared OF
paid so far this year: e Paid last year.
citation of Securities Dealers. Inc. which
states they do not necessarily reflect ac-
tual transactions or firm bids or of1ers
Evening star., 1939-12-10

US Elec 1t IL Power A. 15.S15 -----
US Elec 1t Il Pow q. go ----
wellington Fund Log 1896
Quotations furnished by National Asso-
citation Of Securities Dealers Inc, which
transactions or firm bids or offers but
should indicate approximate prices and
unless otherwise indicated. are as quoted
by the sponsor or issuers.
'Asterisk indicates. mot quoted by
SPONSORS or iSSuerS"
Evening star., 1939-12-10
Corporate Eorninas

NEW YORK, Dec. LR.-Cor-
porate earnings reports issued dur
ing the week showing profits per
common share included:
Evening star., 1939-12-10

December oats
Chicago 40Is 39Ss 40ls 39I7
Minneapolis - 35B 35ss
Winnipeg 37H 357s 37ls 357s
Winnipeg Cash Market.
Cash wheat No. Northern 81 "a No. 2,
1914: No. 3. 74A; oats. No. 2 white, 37Is
No 3, 343s.
Evening star., 1939-12-10
D. G. Securities

(Quotations by Johnston. Lemon IL Coz
Yesterdays closing bid and asked quota
tions on Washington securities which are
traded over the counter follow:
Evening star., 1939-12-10
WASHINGTON Stock Exchange

ed by B &
Evening star., 1939-12-10

high for the season for December
was associated with reports of some
export business and dry weather in
the main producing belt.
Grain range at principal markets
today:
December wheat
Evening star., 1939-12-10

Cottonseed oil closed steady. Bleach
prime crude 5.75-6.OO. December, 622b;
January 1.26b: March 646b: May. 656b:
July. o. sob.
Bid
Evening star., 1939-12-10
Insurance Stocks

NEW YORK. Dec. 9 LPl.-Nstional As
sociation of Securities Dealers, Inc:
Evening star., 1939-12-10
U. S. Treasury Notes

NEW YORK, Dec q P.-Prices quoted
in dollars and thirty seconds.
Evening star., 1939-12-10
Showing Activity Week
| .

GENERAL BUSINESS ACTIVITY fes ne county
Indicted BY essk Dsbis estids n. y. City.
shsdsd Ssss shsw week ei setvity sbevs Ne cone.
Evening star., 1939-12-10

Plus paid
,
Evening star., 1939-12-10

i'diesss dsei"ss hon ssms weeks twelve me"shs
ssdis. Chsasss shown Ia pssesaAsss.
Evening star., 1939-12-10
PUBLIC UTILITIES,

Sales. PUBLIC UTILITIES.
$4,000 Ana & Pot Riv r r 1st
1000 Ana & Pot Riv r r Guar
100000 Capital Traction 1st 81,
5000 City g. Suburban Ry 1st
1000 Georgetown Gas Light 1st
$4,000 Wash Gas Light 1st So
$4,000 Wash Ry 4 Elec Cons 4S
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-10-28
Montana Highway Markers
Get More Good Publicity

| you are forewarned so that you may
slow I'D and read them at your leisure
II YOU like. In Montana the signs are
worth reading. Some offer picturesque
extracts from the Lewis and Clark
Journals; one, repeated In various
parts of the state, Is a pictorial die
tionary Of common state cattle
brands
'sThe signs are written in the
pleasantly informal Montana dialect.
One records that the town Of Glen
dive came into existence as Queen
City OF the Cow Land during the
cattle boom Of the 00g. In "a, 1900
pilgrims or eastern cattle, were I'M
loaded here IN one week TO help stock
the range They may have been barn
yard stock, but their progeny grew up
rough, tough and hard TO curry.
shelby Junction, you read, was once
cauteri1ed their tongils with forty-rod
and grew plumb irresponsible and
gala East Of Wibayx you are re-
minded that from this end Of Mon
tana to the west end is Just about the
same distance as from New York TO
Chicago; you have to push q lot Of
ground behind you TO get places IN
this state At Junction you are told
bit about Calamity Jane, VINO had
quite q dazzling social career
$50 far as know, these are the
only official road signs IN any state
of America which dare to be light
hearted or coIloq1ial They are the best
western promotion material I have
ever met. Investigation revealed what
might have been expected; they are
the work OF q passionately patriotic
Montanan, Bob Fletcher, Of the state
highway department, VINO Is like most
Mcntanans, an fastener. Came from
Iowa 30 years ago. As he says, Mon
tana hasn't g0$ many grOwnup native
Sons except Indians, and they use
their own Sign language"
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-10-28
OFFERS TRAINING
i'm AGRICULTURE
ANNUAL SHORT COURSE WILL BE
HELD AT MONTANA STATE
COLLEGE
Intensive instruction Available for
Those Who Find 1t Impossible TO
Take Regular Four Year Course; De-
tails Now Available at Bozeman.

Open to any Montana resident
who Is IL years old and who can
read and write, the short course I'm
agriculture designed to give prac-
tical training to those who find 1t
impossible to take a regular four
year college course, viii be held at
Montana State college from Jan.
to March IL, 1910, announces J.
o. Tretsven, principal Of the school
Of agriculture.
Tretsven points out that while prac-
tical experience in agriculture and
high school training are helpful to the
short course student. they are not re-
quired
Short course students take seven re-
quired subjects and in addition may
select one optional study for more
specialized training. The required sub
jects are: Breeding, feeding and man
agement Of livestock; farmer move
ments and cooperative marketing
livestock judging and selection, veter-
mary science, farm mechanics, crop
and soil management, farm manage
ment and farm accounts. The optional
subjects are: Beef cattle, sheep and
horse production; testing, care and
handling Of dairy products; range and
pasture management, horticulture,
dairy and hog production.
This year Epsilon Sigma Phi, extern
sion service honorary organization, k
offering two SIS scholarships to short
course students. These viii be award
ed on the basis Of participation and
results obtained in agricultural ac-
tivities. leadership shown In rural and
community organizations. and evidence
of initiative and interest shown In
agricultural education. Those wishing
to apply for the scholarships should
file their applications with Tretsven
not later than Dec. 10.
Complete details about the short
course are contained in a catalog
which may be obtained without charge
by writing J. o. Tretsven, principal,
school Of agriculture, Montana State
college, Bo7eman.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-10-28

was to get him out. Both ends Of his
lair were guarded Should Dennis be
watching his entry way, rather than the
other end of the tunnel, 1t might be
easy.
Kills Three Of Them
Three young warriors stripped and
entered the lower end Of the tunnel,
creeping slowly and noiseleSsly. Dennis
distinctly felt their approach. Armed
with a revolver, he shrank INTO 2 tlgnI,
little cavern in the wall Of the tunnel
and prepared to defend himself. He
did not know whether one or a dozen
were stalking him. He decided that II
the leader passed without discovering
him, he could get at least two bucks
in range for shots.
AS ne hoped, the first brave went
by, looking straight ahead, moving
noiselessly on hands and knees, Iol-
lowed by the second. Dennis shot them
both. The Indian in the rear had not
come up to Dennis when he heard the
shots. and he hastily scrambled away
from there by the route he had come.
Dennis heard his fear-borne haste as
the gravel In the tunnel ratified umuer
his dragging shins.
The Indians above had heard the
shots, and anxiously awaited the re-
turn of their comrades. But, nearing
no shouts of victory from the tunnel,
they became frantic. When the sole
survivor of the escapade Joined them
Dennis heard their yells Of rage and
lamentation. Dennis shook IN his hole,
wondering IL others would come after
him. Their medicine appeared to be
bad. however, and they went away
from there to find some less hazardous
enemy to fight.
All day Dennis remained In his cav
ern. After dark he crawled past the
Indians bodies, leaving the tunnel
from the end the Indian had entered.
he found to his great satisfaction that
the others had disappeared. He lost no
time In making tracks to somewhere
else.
For two days he wandered without
food and water. Then he came upon,
band of friendly Crows, with whom ne
found food and rest, and then went
on to Helena, where those who hearo
the story Of his adventure dubbed MIN
John Golfer the second.
The Jacobean style Of decoration
lasted from 1903 to 1888.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-10-28

to make money and it went with the
same ease.
Supplies for the Crow agency which
had been moved down from Mission
creek 10 the lower part Of Rosebud
creek, q branch OF the saltwater, had
TO be transported by wagons from
Huntley. The agency people were kept
busy for weeks through the summer
hauling the needed goods overland,
distance Of about 10 miles.
One year, a number Of Indians were
sent down with their cayIlses TO bring
up q quantity Of supplies. They proved
poor teamsters and there were run
Always and spilled loads and the whoIs
Bakers battlefield fiat was strewn with
stuff which had fallen from the wagons
Prized Buffalo Hide
At one time Major KeIlar, who had
been Indian agent, stopped st Huntley
on his way back to the states. Dunno
had a buffalo hide of unusual quality
and the largest he ever saw. The agent,
who was tall, raw-boned, courtly
fellow Of solemn countenance, was very
much taken with the hide and re-
peatedly tried to bargain for 1t. Dunno
did not want TO sell but finally, after
many pleas, the major obtained the
coveted prize. The major was so tl1ba-
LIANT that he called everyone up TO the
bar, not once but as often as he could
get anyone to drink with him
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1939-10-28
MONTANA PIONEER
DIES AT SPOKANE
MRS. RETTA NJ. WARD CAME TO
TERRITORY BY OK
TEAM

Spent First Winter, Of ls64-65. at Point
Of Rocks In Beaverhead COanty,
Then Family Moved on 70 Virginia
City; Revisited During Jubilee.