Casper Daily Tribune Newspaper, January 12, 1923, Page 8

_PAGE EIGHT Che Casner Mai weioime FRIDAY, JANUARY 12, 1923. -:- Finance -:- Bonds - 7 = Stocks -:- Grains -:- Livestock -:- All Markets | ee L AND QUOTATIONS BY LEASED PRIGES CLIMB TO WHEAT MARKET |j~Scwtorstert |) HIGHER GROUND Many Stocks Advance Highest Prices in Two Years. to NEW YORK, Jan. 12—Low call money rates and the absence of any serious trouble in connection with tho French invasion of the Ruhr had ao stimulating effect on prices in today's stock market, although week end profit taking caused some shading of values towards the close. Chief in- terest again centered in the specialties and aggressive pool operations result- ing in another flock of high records. Sales approximated 1,050,000 shares, NEW YORK, Jan. 12.—Resump- tion of yesterday's late buying move- ment took place at the opening of to- @ay’s stock market. Specialties con- tinued to attract the most attention although such market leaders as Baldwin and Studebaker, soon moved to higher ground with American Lo- comotive, Republic and Crucible Steels and Pan-American and Hous- ton Olls. California Petroleum ad- vanced one point to 81, another new op. ; tawars and Hudson, which was in free supply yesterday on runiors that the present dividend was in danger, opened 7% points higher at 113 on overnight announcement by President Loreo that no change in dividend policy was contemplated. Steel and Tube preferred was pushed up 5 points to a new high and Hart- mann corporation established a new peak price on a gain of two pvints. Other strong spots included Postum Cereal, International Harvester, United States Alcohol, International Paper and Tidewater Oil. Famous Players opened a point lower. For- eign exchanges opened irregular and then hardened. Demand sterling gained % of a cent at $4.07% and ¥rench francs advanced 12 points to 7.06 cents. The peacefyl entry of the French troops into the Rubr partly removed gome of the restraint to which the market has been subjected because of the unsettled foreign situation and prices continued their course to high- er ground. Relaxing tendencies of money rates and a plethora of funds mvailable for loaning purposes con- tinued to prove conducive to pool op- erations, which were vigorously re- sumed in a number of special shares. Many stocks were pushed up to their highest prices in more than two years. Prices of some of the leaders shared .a bit around the end of the first hour when weakness developped ti New Haven, which yielded 1% points to its lowest quotation of the year but the market stiffened again round noon on heavy buying of the oils particularly California Petroleum and Pan-American issues. Some of the outstanding gains at that time were Tidewater Oil, Steel and Tube preferred, California Petroleum, Hart- mann Corporation, Béechnut Jacking, May Department Stores, Punta Al- egre Sugar and Nash Motors, all up 3 to 5 points. Call money opened at 4 per cent. Tho market continued to give an impressive exhibition of strength -un til well in the afternoon. Heavy ac- cumulation of the motor add acces- sory shares, independent steels. sul- phur and textile issues featureO the dealings after mid-day. | American Woolen moved up 3%, Republic an Guif States Steels and Associated Dry Goods 3, Texas Gulf Sulphur 2%. @nd Stutebaker, United States Rub- ber, Stromberg Carburetor, Katser and Crucible Steel 2 points. ‘Tidewat- er Ol! rose six points higher. Assoct- ated Oll, however, continued under pressurd losing four points, whi'e Nosh Motors and Postum Cereal fell off 3 each from their early high fig- ures, ‘The closing was {rregular. Some of the leaders, notably Baldwin and Call- Yornia Petroleum fell back sharply in the late dealings on the usual week end profit taking, but the rise was continued in mber gf specialties, most of which closed at or near thelr best prices of the day. MONEY { * NEW YORK, Jan. 12.—Call money @asicr; high 4 ruling rate 4; closing bia 3 at 4; last loan 8%; call loans against acceptances 3%; time loans steady; mixed collat- Prime com- eral 60-90 days 4%@4 mercial papers 4% @4 METALS NEW YORK, Jan. 12.—Copper steady; electrolytic spot and futures 14%. Tin strong; spot and nearby 89.37; futures 39.6 Iron steady; prices unchanged. Lead firm 0@7 Zine quiet Louls spot and Searby delive: Antimony UNDERREAMERS. T YOUR SUPPLY STORE (BRipetror t | pe AL Securities | MARKET GOSSIP. AND FIELD NEWS Allled Chemical & Dye -. 75 LOCAL OIL STOCKS : Allis’ Chalmers __-__--_-_L 6 20 22 American Beet Sugar —-____ Bt at American Can .-..----2 1005 American Car & Foundry 7 oH ; 3 * Profit Taking Sales and Lack|American Hide & Leather pfa._ 67% | ni ketone Balt” Grook 3 ” a a Balt Creek of Buying Combine to FSR Spey Eartosencetbirae ae Black Teil ..2..... ict an | _ With both the volume and pressure of the gas flow in- Bear Market. tican Smelting & ek Ginepen #8 41 | creasing, the well recently drilled in at Billy Creek by the avsericnss oe es 1% Consolidated” Royalty. 1.28 pomplasied Hoel, een Bepiotanyn and Carter Oil American Sumatra Tobacco 27% | Capitol Pete 00%, companies is sa‘ e the largest gasser ever struck in th CHICAGO, Jan. 12.—Profit takt: CURES mcte: snlee Rigo RRS aE ng American T. and T. ----..--—. 122%|Cow Gulca -—-----. 102 state.. There is also a higher percentage of gasoline in evi- mice American Tobacco —----= 183% | Domino <_< =e d hich will ike th t susta'ned buying tended to depress American Woolen 95% | Blichorn ence whic. 1 make the output unusually profitable. the wheat market today during the) anaconda Copper > 4gy (5. T. Wiliams The tools were blown from the hele| average price of twenty railroad early dealings. An advance in Liver-| Atchison 100% | Kinney Coastal _ yesterday which resulted in the de-| stocks was 84.59, a net loss of .26. pool quotations was without effect! atiGult and W. indies 22% Compass --~-_-__ Mmolishing of what remained of the here, being taken as a reflection on' Baldwin Locomotive — 134% poe nonesennen derrick and when it 1s considered that Wages Advanced. yesterday's advance in America. War possibilit’es in Europe and continued dry weather In the domestic winter! Canadian Pacific wheat belt were apparently regarded| Central Leather -. as having also been discounted for| Chandlen Motors —-. the time being. The opening, which| Chesapeake and Ohio — varied from unchanged figures to %c Chicago, Mil and St. Paul lower, with May $1.20% to $1.20%| Chicago, R. I. and Pac. ~ wenn nn n=—= over 4,000 pounds of steel was lifted a distance of ovef 3,200 feet, some idea of the enormofls pressure may be had. ‘quipment is being taken to the fleld today for the purpose of capping the well and it is expected that this will be accomplished by the first of Baltimore an¢. Ohio 4076 | Jupiter ~ Bethlehem Steel B 63 | Lance ‘Hoyalty. 143. |Mike Henry eaten 0: 33%|Mountain Producers -$ 69 |Mountain & Gulf ---_ 1.27 | Midwest’ sheet wages have been | three per cent. | & TiTnworkers increased about » Less Stock on Market. The floating supply of U. 8. Stee! ‘common as indicated by brokers | Picerdy | holdings was 1,335,864 shares De- 4 2 Preston the coming week. In thi time Valea? ‘on. Ds: eng iy igh as este $2434. was fol-| Chino Copper -—----~ | Royalty & Pr oa the gas is flowing Into the open air Comber 80 as against 1,273,424 on * erally and then by| Colorado Fuel and Iron Tom Bell Hoyaity -- 01% and it is stated by those who have, S¢Ptember 30. pn ead Ay than before. Corn Products ——— Western Exploration. 2.35 3 wey sequently, been on -the ground that the roar from this mighty gusher can be heard for a distance of five miles, making it almost deafening in the vicinity of the rig. While no definite plans have yet been formulated for the disposition of this production, piping of the gas to commission house Crucible Steel ---. buying of nearly 1,000,000 bushels of| Brie —--------. July caused relative strength in thet! Famous Players Lasky delivery and in September. Green General Asphalt bugs were reported in Texas, The General Electric - bad vere ee aie % to 1%c net! General Motors lower, with May $1.19 to $1.19% and| Good! July $1,12% to $1.12%. . apa 6 | Wyo-Kans. 10% Wyo. Tex. 89% | Western 48% l¥ on _.. 32 Sig | NEW YORE CURE CLOSING 36% |Mountan Producers -$ 17.25 § 17.37 73% | Merritt 8.15 9.25 France Modifies Plans, France had modified her plans for jcollecting cash reparations from Ger- many and 4s willing to consider a moratorium on the basis proposed by Premier Mussolini of Italy, it was learned from semt-official sources in Great Northern pfd. 5 25 Paris today. ‘The next ent Oats and corn declined with wheat! rilinols Central —_- |Glenrock 1.12. 1.25) Buffalo and Sheridan for domestic Payment fs despite falling off in arrivals of corn) Inspiration Copper ----——. Sult Creek Pras. see aga] Purposes is being considered. ‘The due on | Monday. The reparations |Salt Creek Cons, Prod, and Refrs. Marine new commission will meet tomorrow to consider Germany's request for a moratorium. A majority vote will decide so if France, Belgium and Italy agree, Britain can not hinder this move. erection of a gasoline plant to separ- ate the gasoline from the gas Is also probable, as a source of additional revenue to the owners. | here. After opening unchanged to! International Harvester — 34¢ lower, May 72%, the corn market! Int. Mer. Marine pfd. -. hardened a trifle, and then underwens| International Paper a decided sag. Invincible Ofl No important rally took place tn|}celly Springfield Tire — the later transactions. The close was! Kennecott Copper 12.00 6.00 13,00 63.50 178.00 1700 Copper Situation Good: heavy, 8% @% to 1é%ect lower, with 1 ‘ } : : 5 mearensohtt CORPSE 33.00] With copper gradually edging Big Orders By Roct May 72@72%e. Mexican Petroleum Skasrapth On Cloner, to" 16" cenits | ai (pound. cops Medes oe eee Thi Ones etasted iincitiged to’ Woee | eto 27% | Max - per stocks have been prevented! Said? er, May 45%o to 45% and later! xfladle States Oil from discounting thé improvement by 8¥ that the Chicago, Rock Island & showed.) moderate, einecit, eaters | eae ee ate me a Pacific had placed an order with the eral setback. | ) i sus latest European developments 4 Previa 2 merican Locomotive company — for lack of any apecial selling ‘presnive,| Me te eal bee ee 3M the German demand for coppet. How. 42 ew power units to. cost about —— places apis Hartford. rte fromieaiesy ere ‘ayer, ebiiaty in etill reported buying $2500.00. ‘The road is also placing CHICAGO, Jan. 12—Whent Xo. 2! Nortciic and’ Western 11045} tapestry j large amounts of copper “for invest, Contracts for 500 box cars, with a red 1.80; No. 2 hard La1%elein. | noo Hasler baie ti" while sir ‘4 China-also Sar number of coal and atito CoE et SF OO aK. Northern Pacific — “| Third 4x9 — ment,’ while France and China also cars, an additioual’ 200 \refrigetators yellow 72% @72% gid A ena ai 47 Ieaeaey ime 2 Sete are ae at 280,000,000 eas Si 280 Bae ete... The opee( ont ene 2 . cific ee cto 2 000, Rock Isiand’s early orders for the Oats No. 2 white 44% @45%; No. 3/Pan American Petroleum 89% | A ES for the month of December in com- ‘4 se Sle SS: a white 43% @44%. 3 No. present year {s placed at about $10, . 2, 88%. Poni zs > . \ Barley 57@66, Pure Oil ---. 28% estimated to be only 25 per cent of} tal ON Clover weed 16.50@20.50. Ray Consolidated Copper 4% Crude Market norraal. ‘At the Sagal Sete of. the iy seed 6.00@6.50, Reading ------- 17% | — ts Pork ceniant te) 4 z 80 Kremlin Petroleum company, the of- ae nen ard 11:18; Ribs | nop. Tron and) Steel A heroes 3105) ope. 2;,8, 8, Slowing Down. Seats wasth-ve wisoted ad touleireiia ae pie fad esd eee 86% ‘Cat Creek 1.50] _,Cherations of Producers & Refiners! perkins, president; H. J. Skinner, MINNEAPOLIS, Minn., Jan. 12.--|sinsair Con Ol 34% Mule Creek SD leranterciasathe wna here in very. uttio| Secretary treasurer, aie pete otk, Piston Xo. i Northern $1.19% @ Southern Pacitle S| Big: sruay 1,051 activity now in comparison with that Tectors consists of the above and T. 28%; -20%; July $1.17%. Southern Railway 26 | Salt Cree! of a short time ago. Only one well '« ‘ Pre aee Corn—No. 3 yellow 64% @65c. Standard Oil of N. J. - 42% Rock Creek 1.50] -emains to be drilled in at Salt Creek Tuth of Havre and A. F. Lamey of Oats—No. 3 white 39% @40%c. Barley—50@60c. Rye—No, 2, 81%o. Flax—No. 1, $2.8344@2.85%. Havre. At the annual meeting of the unit holders of the Gordon Campbell- Kevin syndicate, E. M. Harvey of] Eugene, Ore., was elected ag trustee to, succeed L.. C, Stevenson. This Studebaker Corporation ‘Tennessee Copper Texas Ca, Texas and Pacific ‘Tobacco Products ‘Transcontinental Oil before operations will cease at thai ield and that is nearing the sand. There have been .no completions luring the past week. Following is the status of operations of tle com- gany: { Torchiight 82% | Sunburst. — 11% Ek Basin CHICAGO, Jan. 12,— Wheat— Open High Low Close |tnicn Pacific —-—- 186% ! Greybull Balt Creek. action will probably be questioned in May 1.20% 119 1.19 |tynitea Retail Stores 73% | Lander No. 1, sec, 18-40-78, drilling at 2,440; the lawsuit filed against the syndicate July 218% 1.12% 1.124%) 7. s. Ind Alcohol 68 | feet. by I. C. Stevenson which cqmes up Sept. 110° 1.08% 1.09 [tnitea States Rubber 59% No. 1, sec. 14-39-79, cleaning cut. for hearing some time in January. Corn— United States Steel Ww Midwest-Orchard well on section May -. 73 72 72 | Utalt Copper ---- - No. 2, sec. 7-26-89, standing cement- near Conrad has been July ‘72% 71% 71m | Westinghouse. Electrie Live Stock ed; expect to drill in very néar future. spudded in. ‘The well is being drilled 72% 71% 71% Wittys Overland Mahoney Dome. | by the Midwest Refining company. American Zinc, Lead a1 No. 1, sec. 33-26-88, drilling at 2,688, The Tiger Butte Oll and Gas com- ABM 4d aang! OTS and Superior -, feet. Still having fishing trouble. pany will drill a well on the Coal 42% ABH 42%! Che” Detroleum . — Chicago Prices Ferris. Ridge anticline near Calvert, south of 40% 40 40% xrontana. Power - 883) cercaco, Jan, 12—(. 8. Depart-| No. 12. sec. 28-26-87, drilling opera- Great Falls.» 133 | Shattuck Arizona 9 | nent. of Agticulture)—Hogs receipty| ons closed down for winter. Crew,~ It has been found that the flow of 1.20 11.19 11.12 Great Northern Ore 21%" 45 000; low B to 10c lower; bulk 150 only on hand to take care of produc-' of] coming from the Barnsdall-Foster 11.60 1142 11.42 Chicago Northwestern — 79 to’ 190 pound averages $8.60@88, tion, ee play weil Be spine area! Basin eres was Consolidated Gas 23% B ton’ $9175; bulk 230 to 275 pound but- % mete: aoa nee Merely a . Gree dope 120) Mtexwell Motors B— 22 lohers $840@8845; Dulk packing| ,,.NO- 1 #ee- 26-46-100, driting at 789 Annual meeting of stockholders of American Linseéa Oil j 7.85; des'rable 100. to Sunburst Oll and-Gas company will Hiv povce ote around. $8.00; heavy , | be held at room 23, National Bank of hogs $8.25@$8.45; med!um $8.40 Dividend Declared | Montana building, Helena, January : The Standard Oil company of Ohio 18 at 1 p. m. $8.60; Hght 5@S8.75; packing] A, ob sows smooth $7.60@$8.00; packing | 288 ‘declared the regular quarterly Annual meeting of stockholders pl nana" ka POTATY MARKET } vee | dividend of $1.76 a share on the pre- Hager-Stevenson Of! will be held at want $7-25097.60; killing DIES! (erred stock, payable March.1 to siock room 28, National Bank of Montana | | SEM | 00, OF, Senora euuney, 26: | Helena, January 18 at 11 Cattle receipts 7,000; fairly active df pales elena, Jan a. Directorg Meet from Seven uneven, generally steady on ‘all States to Discuss Co-opera- Butter and Eggs CHICAGO, Jan. 12.—Butter higher: creamery extras 52 jstandards 4914; extra firsts 49@51%; firsts 47@48; seconds 45@46. Eges lower; receipts 5,920 cases; Cirsts 88@38%; ordinary firsts 35@ 36; miscellaneous 37@33. Admitted to List. The seven per cent cumulative stock of the American Kolling Mill company has been admitted to list on sue New York Stock exchange when issued. Hager-Stevenson-Twenty-Dollar Bill syndicate well on the Loma structure, has encountered a second showing of gas at a depth of 550 feet. ‘Well of the Apex Petroleum com: pany on section 3-35-3W, Kevin-Sun_ classes except veal calves; feeders largely 26c lower; spots more: top light steers $11.00; several loads jaround $10.00; bulk beef steers $8.25 @39.75; bulk vealers to packers $10.00 NEW YORK, Jan. 12.—Butter steady. tive Plans. heptane fom: selections: upward 2t9) burst field is down close to 600 feet. 3 a ip ale al ng tile tama 1 Montana-Northern Royalty com. Eggs unsettled; receipts 12,030; 12—Mar-| bulls $5.000$5.25. Expenditure Planned, fi ST. PAUL, Minn., Jan. keting directors from seven potato! producing states in. the northwest, met today to form a policy of co-op- erative marketing. Representatives from potato mar- keting assoctat/ons in Minnesota hoth Dakotas, Wisconsin, Michigan, Mon- tana and the United States depart- ment of agriculture and the federal tank attended, Hugh J. Hughes, Minnesota, di-| Omaha Quotations rector of markets sata the potato; OMAHA, Neb., Jan. 12—(U, 8. De- Acreage of the nation has increase’ partment of Agriculture)—Hogs re. 18 per cent. since 1920. At the same ceipts 13,000; fairly active, mostly fe time ‘the price of potatoes has gon® jower; bulk packing grades 7.40@ down 54 per cent. 7.75; bulk butchers 180 to 250 pound “Minnesota, North and South Da-! averages 8.20@8.35; top 8.35. kota, W'sconsin, Michigan, Montana, Cattle receipts 9,500; beef steers and Nebraska produced In 1922, 165,-' mostly steady; bulk fed steers 7.75@ 743,000 bushels or 34 per cent. of the 9.00; top steers 1,456 pound average: total crop of 451,000 000 bushels in 9.99; she stock and bulls steady to-150 the-United States, he said. lower: veals weak to lower; top 10.5 fresh gathered firsts 43@46c; Pacific coast whites, first to extra firsts 48@52 Cheese firm. 100 MILLIONS . OF POUNDS OF COPPER MINED WASHINGTON, Jan. 12.—Approx- imately 981,000,000 pounds of copper was turned out from American smelters during 1932, according to the geological survey estimates made public today, as compared with 506,- pany has been formed to deal in roy- alties in the northern fields. The company has headquarters at Glas- gow and {s headed by 8. C. Smail of that pface It controls royalties on /.19.000 acres in Bowdoin, Genou and | Kevin fields. Zt is reported in Great Falls that work will be resumed at the North- field,Rellance well on the Genou | structure, Steller Of! company well No. 5, on Porcupine dome is said to be down John L. Lewis has wired John over 300 feet. Its No. 6 well on sec- Hays Hammond, pleading that the $60.39 1a down about 100 feet. miners will do their part in the New|” Ohio-Berg No. 2, on section 6-32N- York wage conference which is sched-|1y, icevin-Sunburst. structure has! uled to open on January 18, Ohlos) struck another heavy flow of gas at Indiana and Illinois operators intend.| 2 gepth of 1,481 feet. Large The New York ‘eiephone company is placing contracis which will call for the expenditure of $250,000,000 in the next five years to expand its iacilities in New York City. Sheep rece!pts, 10.000; fatrty active, renerally steady: early top fat lambs $15.00 to packers; desirable cl'pped fed lambs $12.75; cho'ce 90 pound fed yearling wethers $12.75; one load 68 pound feeding lambs $14.75; sheep around steady; heavy fat ewes $5.50 ; Ughter weight quotable up to Treaty Declartd Broken. Germany hés aeciared the Ver- sailleg treaty broken and will cease further reparations payments. Miners to Do Their Part. The French chamber. of Depupties ed to join the conference. Foreign Exchange |) Poincare'’s Policy Upheld. NEW YORK, Jan. 12.—Foreign ex- 000,000 pounds tn 1921, This included @ considerable amount of metal im- to upholds Poincare’s war policy. Wash- 1 hi 00.000 bine teach proximately stockers and feeders firm; top 8.10. | Teton te. silent on the Invasion of the 100,000,000 bushels reaches a market! sheep receipts 8,000; lambs weak to portent American smelters for/ outside of the northwest district,” ho) 25¢ lower; Hulk 13.75@14.85; top 14.60;| Rubr ka ah ana apace galas changes {fregular. Quotations» {n tbe said, “constituting nearly two-third } ; troops , 4 tain demand 4.67 5-16, From domestio mines, the actual| ne the F ihe nation’s guart| sheep 10@1Eo lower; ewe top 7.80; | thin ta awaiting developments. |dents: Great By ‘ of the potatoes in the nation’s mar- jcables 4.67 9-16, 60 day bills on banks, ket, 4.65 11-16; France demand 7.00%,| | ay. production of copper for the year was giving a wun'ted northweat. vir. hice aes. steady, Industrials Up; Ralls Down. 897,000,000 pounds, or 288,000,000 0 : N more than’ during 981, A} the ratel fh) eee Denver Prives. ‘The average price of twenty active | cates Rie ‘Bani seer tte of production indicated by December] 9 DENVER, Colo., Jan. 12.—Cattle| industrial stocks traded in on the! Siiies 6.44: Germany demand .009%. reports, tho murvey adaed, the annual OT HTAAMAKER-AFW YAAK secsiots 2.000; mario stron New ‘York stock exchange of ‘Thurs. cables 644; Germany demand output of smelter copper, including steers 6.00@8.50; cows and helfers day was 98.12, a net gain of .83. The) Copies 39.68; Norway demand 18. that from imported as well as domes- 3.00@7.15; calves 6.00@9.50; bulls 2.50 ————~"~—_ | sweden demand 26.93; Denmark de- tlc ores, would have been in the | @4.50; stockers and feeders 4.00@7.50. mand 419. Switzerland demand SWAN UNDERREAMERS neighborhood of 1 Hogs receipts 600; market steady wos OIL SUT ON TRIAL WN | | to 100 lower; top 8.40; bulk 8.00@8.26. sessile a abet GOURT. AT GHEVENNE wets":sctensanne™taSet | CHEYENNE, Wyo., Jan. 12—Tho case of Henry D. Schoonmaker et al} lambs 13.00@14,00; ewes 6.00@7.0 YORK, 12 | va. Spain demand 15. Greece de- mand 1.23; Poland demand .00o2; @zecho-Slovakia demand 2.88; Argen tine demand 37.87; Brazil demand, 11.62; Montreal 99%. SILVER | | feeder lambs 13.00@13.75. Jan. Prise of New York Oil company et al, In- 2p. m, today were|Volving the claim of the plaintiffs enAdensh yr SOR Yan. | dh Forelen York curb as fol-| for $300,150, {s on trial before a jury aR Os w ey eee fs Jin the United States district court] CHICAGO, Jan, 12—Potatoes firin;} AT YOL ‘ ys bar silver 6 a dollars 50, ming 1 1-16; Fensland| here. Tho litigation arises receipts 41 cars; total United States SUPPLY “STORE be ie read ESE IEN | Glenrock 1%; Merritt 9; Moun-|transactiona in the stock of the r|shipments 680; Wisconsin nackod | ; LR i Lase cee gee tain Producers 17%; Mutual 13; Omar) York Ol! company and the Wyoming|round whites 80@90 cwt; dustica 44 1LAGG per ounce. sean i 1 116; Salt Creok 21%. Central association, mostly bulk 95@1.10 cwt, | Merial Dom of Can., »iz% notes, 1920 French Republic, 8s French Republic, 749 Kingdom of Belgium, 7%s - Kingdom of Begium, 68 Kingdom of, Norway, 88 U. K. of G. B. & 1, 544s, 1929 — G. XK. of G. B. & 1., 6%, 1937 Amercan Sugar, Armour and Co., 448. Baltimore and Ohio cv. Bethlehem Steel ref., 6s sethienem tSoel p. m., 6s Chi. Burl and Quincy ref. i il and St. Paul c Soodyear Tire 8, Goodyear ‘Tire, 8s, Grand Trunk Ry. of Can,, 6s - Great Northern 7s A Great Northern 5 1-28 B . Wissouri Pacific gen., 45 Montana Power, 5s A New. York Central de! Northern Pacific pr. lien. ,: Oregon Short Line ref. Pacific Gas and Electric 5s - Penn, R. R. Ger 5 Reading gen 4s 8. Rubber, 7%3 8, Rubber, 5s. ‘ah Power and Light 6s Westinghouse Electric 7s Mo. Kan. and Texas new adj., 5s A - 101% 102 95% 968 a te 99% 99 - 96% 96% 96% 11% = «1114%H 11H 115% «114% 115 = 103% 108% 103% = 103% , 103 103% ~ 16% 7 116 116% 9934 98% 99% 88% 88% 88% 80% 79% 79% 96 95% 96% 93% 93% 93__ = 100% 99% 100% 64 63% 6345 — 100 99% 99% 115 115 115 = 104% 10425 104% 110% = 110% 110% = 102% 102% 102% 9% 59% 594% See 61% 62 - 98% 98° 98% 101% 104% 104% 86% 85% 85% 92 92 92 = 193) 92% 93 - 101% 101% 101% Beet Ts 86 86 = 105% 105% 105% : 91% 92% e 108% 108% 38% 88% 91% 91% 107% 107% terms are drawing less compe than the members who have $12.00. a day. It doesn’t seem fair, it $ manifest that cxperlence {s not be- ng justly rewarded but it can’t be aelped—not while the good old con- suitution of the state of Wyoming is on the job, which it is. The anomalous situation is caused by that section of the constitution which forbids that the salary of a state officer shall be increased during his term of office, this being a pro: vision designed to prevent . officers authorized to fix saluries from taking uivantage of their authrity by bene- iting their own pocketbooks. The sixteenth legislature passed a salary- nerease measure raising the per diem af members of the legislature from 38.00 to $12.00. The increase is not spplicable to the 12 members of the senate of the seventeenth legislature who “hold-over" from the sixteenth legislature, but {s applpicable to the 18 senators who were elected last November and to the 60 members of the house. Seven senators who voted for the salary-increase measure two years ‘0 are beneficiaries under its prpo- visions and draw the increased com- pensation regardless of the fact that they voted for the increase. The con- sututional prohibition fails to cover their cases because thelr terms ex- pired after the bill was passed and they now are serving new terns as the result of re-election last fall. They are W. W. Daley of Carbon county, Clarence Gardner of Lincoln county, A. L. Lee of Hot Springs county, C. P. Meek of Weston count}, Harry Free of Natrona county, Lewis H. Brown of Sweetwater county, and Frank Horton of Johnson county. ‘With the exception of Daley, Gardne: Lee and Weston they were members ofthe preceding house. ‘Twelve-dollars-a-day senators other than those hereinbefore named are Frank E. Anderson of Albany county. ‘Theodore Wanerus of Campbell coun- ty, Wade H. Fowler -of Converse county, Roy H. Cameron of Crook county, Nels A, Pearson of Sheridan county, Fred Burton of Platte coun- ty, and John T. Jones of Washakie county. The eight-dollar-a-day men are Simon Skovgard of Big Horn county, John Dillon of Fremont county, H. 8. Kirk of Goshen county, A: D. Helley and Stephen H. Sibley Niobrara count, dan county, Oliver Chambers dell, Jr., of Unita county. Under ordinary circumstances both the senators from Sheridan county would be elght-dollar-a-day men dur_ ing this session. But the circum. stances involved one of the Sheri- dan senatorships have not been ordin- ary. George W. Perry, who would have been serving tn his second se: sion this year bad he lived, passed: on after the session of the sixteenth legislautre and Nels A. Pearson was elected to serve out his unexpired term. Perry’s successor, having been elected since the salary-increase mea- sure was enacted, therefore is draw- ing $12.00 a day for service for which Perry would have recelved only $8.00, The services of the 13 new mem- bers of the mate are costing the state $156 a day, compared with a cost of only $96 a day for the services of the 12 hold-over senators; the total | per diem of the senators is $252 a ay. The sevrices of the 59-members of the house cost the state $708 a day, bringing the total Der diem of alt members of the legislature to $960 a day. The total compensation of tho legislators for the 40 days of the ses. sion will be $38,400. pant litres At the age of 73, Mrs. Kendal, the celebrated English actrees, still ap- pears frequently in public, TWO RATES OF PAY IN STATE SENATE OLD TIMERS DRAWING $8 A DAY, NEW ONES GET $12 CHEYENNE, Wyo., Jan. 1 —The old hand does not always draw the most pay.~ For in- stance, take the senate of the seventeenth Wyoming legisla- ture, whereof the members serving the last two years of their. mers get $8.00 a day, the newcomers of Laramie county, J, W. Johnson of Natrona county, J. G.. Hartwell of S. A. Pearson of Park county, W. M. Spear of Sheri- of Sweetwater county and Louis Ka- 2.—(Special to The Tribune.) nsation—88 1-3 per cent less— just been inducted. The old- LARSHES TAKE WALTZING TITLE Terpsichoreans of Old School Win Prize of $50 and Cham- ~ pionship at Arkeon. That the old fashioned waltz still ho'ds popular favor, in spite of the Jazzy vibrations of the flapper dances, was demonstrated last night at the Arkeon when Mr. and Mrs. C. C: Larch, terpsichorians of the olf school, were awarded the“ first prizo of $50 and the title of waltz cham- pions of the State of Wyom'ng, in the finals of the prize waltz contest which Manager T. J. McKeon has heen conducting for the past ten weeks, Mr. and Mrs. Larsch. who are well out of the flanper stage 'n point of vears, were the winners from the s‘art of the contest there he'ng Itt'e ‘oubt in the minds of e'ther the five ‘ndges or the thousand spectators after the first danc'ng. began. The smooth erace and charm of the old fashioned waltz cou'd not have bet- ‘er exponents than the winners. Red O'Ne'l and Mrs. Hammond re- cotved xecond prize Mr Burresa and Mrs, Essary, third and the fourth Dr'ze was donnted to the Salvation Army, when John Golden and Emma Brady. who were among the best entrants In the contest, w'thdrew be- cause of a misunderstanding, Seven. ren couples started the contest and ovm'nations came with di‘fienity die to the unusual dancing abi'ty of the contestants.’ Severa! of the entrants had swell organ’zed cliques on the wide lines. but the un'versa! of the crowa was rex’stered Mr. and Mrs. Larsch were tice ee the best waltzers in the contest. SUGAR NEW YORK, Jan. 12.—Sugar fu- ‘ures closed easy; approximate sale: 12,000 tons. In refined the demand {s stl I'mited to nearby requirements and prices are unchanged at 6.90 for fine granulated. ——.__ NEW YO! geraige RK, Jan. 12.—Spot ti quiet; middling $27.45. abst SCHOOL HOUSE STORY CURES FILM CHILD “Did rou know that the » house burned down th's mornin After this statement by — Harold Lloyd in his latest Pathe five-part comedy, “Dr. Jack," seen today at the Falto theater, Mickey Dantels, & Uttle freckled kid who seems ser!- ously iM, suddenly springs from his ved. with a shout, And this te one of the many prescriptions used by Haro'a Lloyd throughout his fun- niest comedy offer'ng. OW leases, rent estate, Teapot tovnaite, n nted. Uy Panted. | Call or write un. Casper, Wyo. owners of entatives Co., 218 Midwest Binet BROs, Dollar Values ty-Five Only g ype 1-10-8t eet me at the Smoke House, approval _