Casper Daily Tribune Newspaper, February 18, 1922, Page 10

May —--I38% 140% 187% Marine preferred, Amprican July x 1.23% 1.20% 1.23%|Ship and Cqmmerce, Cuba Can Sugar cor preferred, People's Gas and Colorad: 62% 61%4 «62% | Fuel were 1to to almost 2 points high 64% 63% 64%|er. Rock Island featured the fails rising two points. American Sumatra 41% 40% 41%|Tobaceo preferred iost 1% points on i suty 42% 41% 42%] suspension of the dividend and Ameri PORK— can Writing Paper preferred was May _- 2115 21.20 21.05 21.05|weakest 0 fthe spectalties. The clos. LARD— ng was strong. Sales approximated May 11.65 11.72 1157 11.62) 950,000 shares. ~ July —-- 11.90 11.92 11.77 11.82 > RIBS— NEW YORK, Feb. 18.—The usual May -1140 1142 11.40 11.42] ¥eek-end covering of short contracts July — _ 4y25]'mparted firmness to leading issues PAGE TEN WHEAT SCORES NET GAIN THREE CENTS DURING WEEK JUST ENDED CHICAGO, Feb. 18.—Soaring prices and a big volume of bulling in the wheat ‘ket this week have been generally taken as indicating widespread anxiety relative to possible world shortage of breadstuff supplies. Compared with a week ago, wheat this morning was up 3144c to 5Y¥e™% bushel. Other net gains for the week were: corn, 2% @2%c; oats, - % to % a 1 cent and provisions 77 cents to $2.10. 1 T One exciting Jump im wheat prices jcarried the market. straight up as L ach as 6% cents quicker than scores = jof the liveliest brokers in the pit |could effect a single transaction. A |sensational advance in quotations at . | Liverpool and othtr foreign centers L | Preceded most of the uptyrns in the market bere. According to one popu- lar estimate, current supplies of wheat ¥ ‘. | from all countries would be practically Uncertain Trend at Opening] exnaustea by July 1 mext and the Overcome by Gains in new harvest then beginning in the oa 0 . ‘4 United States would be the sole re- Foreign Markets. source for world shipments until a fresh yield of Canadian wheat was availble in the autumn. CHICAGO, Feb. 18.—Initial transac-| With the domestic winter out- look for wheat precarious and with the domerde spring crop yet to be , the rushes to buy which were wed came as a fulfillment of 4 to| predictions often ventured by individu. al authorities but almost ignored by y strength | the trade as a whole unt! about the ast fortnight. It was only when price records for the season were roken that important reactions took ace and the market ‘again assnmed two-sided aspect. Corn, ots and provisions reflecte? ying degree the action of the at market. Each of the three nmodities, however, touched new, |high price records for the season | Provisions were also influenced by cur tailment of warehouse stocks. } —— cose OLSSTRONGIN al markets to There was plenty of support for] n the rally in Active Session in Domestic Issues Follows Dull Open- ing. of Exchange. Septembe: Oats were steady at the start but eased off sympathy with wheat. First pric wer to %c igher, with May 41% to 41%; July and September 43%. Provisions brought the — highest prices of the stason. Further advances im the live hog market was th~ «cco: mining factor. NEW YORK, Feb. 18.—Stocks were dull and uncertain of tone at the open Ing of today’s session bit soon de veloped activity and strength on short covering in ofls, equipments and ship pings. Standard oll of New Jersey and California, Pierce Oil preferréd, Hous: ton Oil and Mexican and Pan-Ameri Petroleum rose 1 to 3 points nm and Baldwin Locomotives n Car, Bethlehem Steel, Mer a2 can Closing Quotations. WHEAT— at the opening of today’s stock mar ket. Foreign olis, notably Mexican ang (Pan-American Petroleums and |] Shell trading gained large fractions. food and textile specialties also, hard ened and equipments later came for- rd on buying of American and Bald- vin Locomotives. A one point decline Chicago Quotations. n Louisville and Nashville was the CHICAGO, Feb. 18.—(United States only material change in the railway Bureau of Markets)—Cattle receipts|group. American Sumatra Tobacco $00; «compared with week ago: Beef| preferred was steady, despite the pass- stee.3 25 to 40c higher; common and/ing of the dividend. medium grades up most; canners and —— cutters and low priced cows weak to| Foreign Exchange Stronz. 25c lower; fat etuff active, to strong,| NEW YORK, Feb. 18—Great Brit: spots higher on better grade cows|ain demand %; cables 4.37%; six Livestock Mart and h ; bologna bulls about/ty day bills on banks 4.34%. France steady; veal calves unchanged; stock-|demand 8.93%; cables 8.94. Italy de- ers and feders mostly higher. jmand 4.£3%: cables 4.93 Beigitum market fairiy|demand 8.56%4; cables 8. Hogs receipts 6,00 Germany active, strong to 10c higher than Fri-}demand 49%} cables 48%. Holland day’s average; mostly 5 to 10c higher;|demand 3 cables 37.80; Norway shippers bought about 3,000 good/demand 1 Sweden demand 26.60; clearance; $10.45 on 140 to 190 pound|Denmark demand 20.80; Switzerland averages; Dulle 9.90 @ 10.35; pige|demand 19.49; Spain demand 15.80; steady. Greece demand 4.55% Poland demand Shep receipts’ 6,000; today’s recetpts|.03%; Czecho-Slovakia demand 1.90; practically all packers direct. Com| Argentine demand 36.87; Brazil de- pared with week ago; best fat lambs|mand 13.62; Montreal 96%. big: dollar higher; other fat lambs and yearlings 50 to 75c higher; fat matur- a sheep 25 to 50c and feeder lambs} mostly 25c up. Silver. NEW YORK, Feb. 18.—Foreign bar silver 64%c; Mexican dollars 49%c. Denver Quotatiorms. | DENVER, Colo., Fe& 15.—Cattle} CHICAGO Feb. 18.—Butter higher: receipts 100; market steady; beef steers creamery extras 36%; firsts 31035; 6.00a7.25. cows and heifers 5.50a7.00; | seconds 29 030; standards 34%. Eggs lower; recetpts 14,721 firsts 3203214; oniinary firsts miscellaneous 318314 oe BANK RESERVES DOWN. 7.00a7.25| NEW YORK, Feb. 18,—The actual | condition of the clearing house banks |and trust companies for the week | shows a deficit of $2,198,740 below le- Batter and Eges. calves 8.00210.00; bulls 2.500350; stock-| ers and feeders 60027.00. market steady; cases; 29a30. Hogs receipts 200 top 975; bulk 9.6 Sheep rece er; lambs 13 . ewes flat; feeders lambs 13.00a13.50. Omaa Prices. OMAHA, Neb., Feb. 188.—(United|eal requirements. This is a decrease States Bureau of Markets).—Hogs re-|of $335,850 from last week. ady to 10c higher; close} bulk $9.50@9.80. Cattle receipts 350; compared with ago; beef steers steady to 26c : she stock fully 10 to 15e high- er; bulls and veals about steady; ers strong to 15c Sar vevine ond sae! eologists i xperts |j Oil Field Maps, Blue Prints WYOMING MAP AND BLUE PRINT CO. P. O. Box 325 Room 10, Daly Bldg. 500; compared with a higher; to $1 | TIE Wome aonOTyE (7 “wE STRIVE 10 PLEAse””: . | There 1 great satisfaction in good service. It is | | i | our desire to render it to all our patrons. A TRIAL WILL BE CONVINCING H Miller Geared-to-the-Road Tires and Tubes. McKone Tires and Tubes. Ox Securities Furnished by Taywor and Clay Consolidated Royalty. Chappell Cow Gulch .......... Domino Elkhorn ..-.+...-+--- BE. T. Wiliams Frants ......-. Royalty & Producers. Sunset ......... Tom Bell Royalty 03% Western Expforation. 215 Wind River Rerg. .... 01 United Pete . «o 08 Wyoming Ol! Fields. . .87 Wvo-Kans - 95 Wyo-Tex. eee Western Oil Fields Western States .. Y on Sec ae FT 16 NEW YORK CURB CLOSING Marine 112 § 1.37 Mountain Producers $ 11.62 $ 11.37 Merritt ..... 8.50 8.75 Glenrock Of ... 94 Ey alt Creek Prods. 13.50 = 13.75 Salt Creek Cons. 9.00 9.2 Prod. ang Refrs 6.25 5.76 Mutual, ..... 5.87 6.01 S. O. Indiana . 85.87 86.0 Cities Service Com. .. 169.00 171.00 $ 96.92 96.80 96.70 6 wabcoveese 6 owe ceewes 100.24 Victory 4%s | Crude Market jrass Creek amilten Dome Rock River -------.-.—.--.--: Salt Creek Big Muddy Mule Creek .-—. ARCHBISHOP GOES TO BAHAMAS, NEW YORK, Feb. 18—-archbishop layes sailed today for Nassau, Ba- jamas , on an ecclestical mission, Zatholics in the Bahamas are under he jurisdiction of the New York ach iocese. Rags APS Sets One ton of wheat straw will produce the equivalent of forty gallons of gas- Foundry .. 2 International Corp, .. Chicago, Mil. and St. Chicago,.R. I, ahd Pac... 33 Chino Att tsereceeneeeee 26 Colorado Fuel and Iron ....., Corn Products .... Crucible Steel .. Cuba Cane Sugar 10% ° 15% M 3 . 8s drich Co. ..,.. 37% Great Northern pfd. 75% Great Northern Oro Ctfs . 35% Illinois Central .. 98% Inspiration Copper 335 Int. Mer. Marine pfd 1% International Paper 48 ‘Kennecott Copper 27 Louisville and Nashville . Mexican Petroleum Miami Copper ... Middle States Oil . Midvale Steel ... Missouri Pacific New York Central N. ¥., N. EL and Hartt Norfolk and Western . Northern Pacific .... Oklahoma Prod and Ref. ...... Pan-American Petreleum . Pennsylvania, People’s Gas . Pittsburgh and West Ray Consolidated Copper ...... Reading Rep. Iron and Steel Royal Dutch, N. Y. . Shell Trans anq Trad. 39% Sinclair Con. Oil i Southern Pacific ay 54% 18% 23%B andard Oil of N. J. pi Studebaker Corporation 94 ‘Tennessee Copper . +10%B Texas Co. ....... 45 Texas and Pacific 30% Tobacco Products 63 Trancontinental Oil ‘ Union Pacific U. S. Food Produc! U. S. Retail Stores .... U. S. Ind. Alcohol ....2+----. Unite? States Rubber United States Steel Utah Copper ...... Westinghouse Electric Willy's Overland .. American Zine, Lead ani Butte nd Superior Cala. Petroleum .....-.-- Montana Power Shattuck Arizona ....- Pare Oil ..... line, according to the United States department of agriculture. Invincible Of] . General Asphalt ..... INTERNATIONAL EVENTS DICTATE TREND OF STOCK LIST FOR WEEK: NEW YORK, Feb. 18.—Interest in the stock market this week subordinated to events in Washington and London. The course of federal legislation in its effect upon future taxation and the reduction of the Bank of England discount rate were definite inflrences in shaping the movemertt of market prices. Speculative shares were irregularly higher in the first few days, the rise being accomplished at the expense of the stubborn short in- terest, but prices and the volume of business tapered off considerably later. Much of. tho reaction was precip! tated by the sharp break in foreign olls, especially Mexican Petroleum and the two issues of Pan-American. Their depression was coincident with recurrent reports of deterioration in the Mexican oi] production situation. Strength of United States Steal was the prominent feeture of the industrial division, that group otherwise reflect- ing the transitory condition still pre- vailing im the leading lines of manu- facture, which is believed to presage further downward revision of sche dules. Call money was tn excess of demand Here’s a Good Proposition to the to—when you have some transfer work to have done ask us to estimate the cost. You'll be able to figure out a saving and you surely have heard of onr well known de. Pendability. Gebo Coal and Coke WHEN IT’S YOUR) MOVE HON LET Us KNOW!) Natron TRANSFER ES4S sFUEL‘a THE NICOLAYSEN LUMBER CO. Everything in Building Material BIG TIMBERS A SPECIALTY FARM MACHINERY, WAGONS Office and Yard—First and Center Phone 62 American Tel., 63, 1923 .. 100% Kelly-Springtield, @8 .-.. Norway, 205% 106% 104 101 102% 114% 105% 207% 26% Swift, 7s, 1925 . Swift, 7s, 1931 . Swiss, &s Western Electric, Ts ..-- Western Union, 6%s |Great Northern, 6%s * UNCERTAIN WEATHER FORECAST FOR WEEK WASHINGTON, Feb. 18—Weather | predictions of the week beginning “| Monday are: | Upper Mississiypl and lower Mis lsc valleys—Generally fgir weather , |but with a probability of local snow lor rains at beginning of week and jabain about Thursday; normal temper. ature. «| Rocky Mountain and plateau re- rions—Considerable cloudiness and oc- casional snows and rains. Normil temperature. . | Pacific states considerable cloudi- |ness, rains, hormal temperaturp. Southern Railway 18% | ‘and time funds also were plentiful, but held at 5 per cent for all the jlonger maturities, save in isolated |cases where 3 to 6 months loans were |affected at slight concessions. Se | Without {t, the railroads could not pro- duce a revenue irreapective of the val- ue of the rest of their property, Are equipment obligations a now form of investment? No. They date back as far as 1873. Suppose a railroad was how would equipment bonds stand? A stndy of railroad reorganization involving over seventy million dollars of equipment bonds shows that every dollar was returned to those bond- holders, while other bonds were re- duced in rate or amount. How much of the cabital of a rail- road is invested in equipment? About one-fifth of the capital of a railroad is invested in freight and pass- senger cars and locomotives. Since the remain’n, fourt-fifth is without value unless there is rolling stock, it Will be seen that an equipment obliga 2 stands in a very strategic posi- ‘aes 4 Suppose as first mortgage on a rail- road should be fereciosed, what would ima “ven to the equipment obligations? The Denver & Rio Grande Railroad was reorganized in 1886 following a foreclosure. ‘Through a cash assess- ment, allequimnent obligations were paid in full, or given new bonds of a value from $1,300 to $1,500 for every #1,000. All the mortgages of the rail- road in the meantime were in default. i? out’ A wooden freight car has a life of approximately 17 years, a steel car about 20 years. With modern meth- ods of car building the life of rolling stock is constantly being increased. 2 rumen from ite guncotten factor-| provement in the position of-giris ‘n hough a chimney lined that hich resists the chemical action per-|in most homes siri bables are stil! un- _ SATURDAY, FEBRUARY 18, 1922. ‘Though there has been a marked im- plant blows with glass/Chin. in recent yoars, it is Save this series of ads. It means real money later to you. dales and Price Talk No. 5 Speaking of success in life, the late James J. Hill rained builder, said: “If you want to know whethe you are destined to be a success or a failure in life, you can easily find out. The test is simple, and » is infallible. ‘Are you able to save money? it not, drop out. You will lose. You may think not, but you will Jose as sure as you live. The seed of suc- cess is not in you.” — Our Way to Save is to Shave Yourself Try one of our Enders Razors at 69c each for 30 days. If not satisfactory return it. | Tents and Folding Cots at New Low Pv ices. / Yolmes Hardware Co. Phone 601 : We deliver to alt parts of the city, but please help us by carrying home with ycu &ll small articles. WHEN THE WILL SAVE YOU MONEY It is the simplest and yet the most practical tool known for this purpose. with an ordinary casing spear. Made from the best steel obtainable. Manufactured by us in all sizes, How the KBowher Works Study the drawing to your right which shows the tool in operation. This shows the casing parted in the hole when an ordinary casing spear is used to take hold of the lower joints. The Kliewer Casing Hitch is then run and takes hold of the top of the rope socket and at the same time takes hold of the casing. The rope is then cut and. the casing pulled out of the hole. This device has made many stripping jobs unnecessary and thereby saved large sums of money to the oil producers. Write for Descriptive Folder The Bridgeport Machine Company YOU CAN BUY OR RENT ONE FROM ANY OF OUR BRANCH STORES General Offices and Shops AUGUSTA, KANSAS Tulsa, Kaw, Okla—Ft. Worth, Btar, Texas—*"orence, El Dorado, Kansas th Bend. Is usually run in connection Underreamer Factory MARIETTA, OHIO Ranger, Breckenridge, Rising Sou