Casper Daily Tribune Newspaper, January 17, 1923, Page 9

WEDNESDAY, JANUARY 17, 1923. SELLING WAVE FLOODS WARKET Inability to Meet M argin Calls Causes Pressure Against Many Stocks, NEW YORK, Jan. 17—Today’s stock market wags characterized by alternate periods of weakness and strength with the European situation continuing to exert the dominance tn speculations. Inability to meet mar- gin calls caused some selling in the rly part of the day, but prices rallied briskly in the afternoon under | the impetus of fresh buying in special stocks and-extenaive short covering in the usual leaders. Sales approx!- mated 750,000 sh NEW YORK, Jan: 17.—Inabillty to meet margin calls caused another wave of selling at the opening of to day's stock market. Pressure was most effective against the oils, steels, equipments and a few specialties. Famous Players was depressed 1% and National Cloak and Suit one. Good resistance was noted in the gen- eral list and the early losses were largely limited to fractions. Baldwin, Studebaker and United States Steel each declined fractional! Woolworth dropped 2 points, Adams Express 1% end May Department Stores and Dupont one each, A re- actionary tendency also was noted in Canadian’ Pacific, Unton Pacific, United States Rubber, United States Realty, Peoples Gas, Crucible Steel, and Butte and Superior, Gain of a point was recorded by California Petroleum while Standard’ Ot! of Call- fornia, Steel.and Tube preferred and Atchison advanced % to %. Foreign exchanges opened weak, demand ster- ling dropping 1% cents to $4.64%: French ‘francs dropping 16. points to 6.67% cents, and German marks dropped to another low. recoré, being quoted at 55-100ths of a ceht.a hun- dred, or more than 18,000 to the Amer- foan dollar. Prices snapped back a bit when the early selling had slackened, Baldwin being, marked a point above’ yester- day's final figure and California Pe traleum, ‘Corn Products, Gulf States Steel, Postuin Cereal and | Beachnut being Mfted one to two and a half points. ‘he large volume of st—s offered ‘at the high levels discouraged buyers: and forced ‘another reaction during which investment railroad shares were offered freely. United Pan-American and Stu: debaker offered stubborn resistance to selling pressure but Baldwin broke from 131% to 1.29% and losses of one ‘and a half to two points took place in Atlantic Coast Line, Continental Can, Dupont, General Eléctrie and United rails to give ground were Illinois Fruit. Among the more prominent Central, Canadian Pacific and Gréat Northern. preferred, all off at least « point. Call money opened at 4 per it. fe “haynes of the low priced domestic oils and several of the minor speclal- tles started a covering movement in the balance of the list which effaced much of the early losses, Beechnut Packing advanced three points, Rem- ington Typewriter 2%, Computing Tabulating and Recording 2 and Cos: den, Pierce Oil preferred, Philips Petroleum, Texas Gulf Sulphur Owens Bottle and Atchison 1 to 114 Pressure, however, continued at jaolated points, Dupont dropping 3% ‘Woolworth 3%, and American Ice 1%. The closing was steady; indications that the bear position was becoming untenable in certain stocks were ap parent in the late dealings” when & sharp upturn occurred in a large part of the last. Baldwin, Studebaker, American Can, Crucible, Corn Prod- ucts and National Lead were fore most in the rally, the last named rising more than 3 points, States Steel, changes easy; quotations in Great Britain demand 4.66; WHEAT BE CHICAGO, Jan. news, selling which the early dealings. ports that Argent dec!ined, $1.18%, was ‘followed ofa rally. had taken place in bushel on wheat. $1.13%. owing more or le: rece'pts of corn here. Mc to Ko off, May Later, the market Uttle with wheat. to 78%. er, May 43%%c and with corn, the provision market. CHICAGO, sales reported. Jan. 2 yellow 73@73%c. Onts—No. 2 white white 44% @ 450, Y—58@60c. Timothy seed— Clover seed~ Pork—Nominal. Lard—$11.17. Ribs—$10.50@1 MINNEAPOLIS, ‘Wheat—Cash No. 1 1.28%; May $1.20 Corn—No. Oats—No Rarley- qi Flax—No, 1, M yellow 3 white 60c. 814%@ CHICAGO, Jan. Cheese firm. 4.65%; 60 day bills on banks 4,68 5-16, France demand 6.64; cables 6.84% Italy demand 4.76%; cables 4.7744} Belgium demand 6.10; cables 6,11; Germany demand 0050; cables .0050%; Holland demand 89.59; eabl 39.62; Norway demand 18.63; Sweden demand 26.90; Denmark demand 19,72; Switzerland demand 18.70; Spain de- - mand 15,57; Greece demand 1.24; Po- land demand .0037; Czecho-Slovakta demand 2.77; Argentine demand 37.3 Brazil demand 11.45; Montreal 99 3-32. SUGAR NEW YORK, Jan, 17—Sugar closed barely ‘steady; approximate sales 17,000 tons. The refined market was unsettled, owing to expectations of a downward price revision and to re of price cutting in some sec List rices remained unchanged at 6.90 cents, SLi} Ne Meof me at the Smoke House. tf SWAN UNDERRE'AMEI GHICAGO, Jan receipts 44 cars; shipments 600; W ARI appeared offerings No bs the yalues to DESPITE NEWS Selling. on Foreign Account Turns Market Down- ward, 17-—Despite war fo be largely on foreign account turned the wheat market downward today during Prices were also bearishly affected by profit tak'ng on the part of traders’ here who yeste day had been active in purchasing. Besides, some notice was taken of re to Europe were larger, and that Argen tine freight rates and exchange had The opening, which varted from unchanged f'gures to to moferate de. elines al} around and then something Subsequently, bulls were at a dis Advantage owing in some degree to assertions that 15 points decline which of francs was equal to 2%@3 cents a The market closed heavy, 1 to %c net lower, with May $1.19% to §1.19% and July 81.13% to Corn and oats were relatively firm smallness of . After opening eased down later regovere So to 73%e, the corn market scored slight gains. a ‘The close was un sottled 4% to %%0 net lower, May 73% Oats started unchanged to %c low: a Lower quotations on hogs weakened 17.—Wheat—No 45@48c; No. finn:, “Jans 66@66%c. 39% @4lc, S1%e. $2.88% @2.89%. i Butter and Eggs firsts 43@44; firsts 40@42. POTATOES ipconsin Corn—No. 2 mixed 72% @73%c; No. 8 17.— ‘orthern $1.19% @ July $1.18%, Close Open Low WHEAT— 1.20% 1.19% 1.19% 113% 1.18% 1.13% 1.09% 1.09% 73% | 78% 13% 73 73% 45% 45K 45% Rh 42% 42% 40% 40% 40% 11.28 11.17 17 11.47 11.42 11.42 CHICAGO, Jan. 17.—Butter un- changed. Eggs higher; receipts 5,655 vases; firsts 38@38%c; —ordina firsts 33@85c; miscellaneous 26@3 NEW YORK, Jan. 17,—Butter steady; creamery higher than extras 62@62%¢ creamery extras 51140; firsts 48@50%. Eggs firm; fresh gathered extra 17.—Potatoes dull; total United States sacked round whites $0@1.00 owt; ditto, bulk 90@1.05 owt; Idaho whites 1,.00@1.10 cwt; sacked round Idaho sacked russets fancy branded 1.60 cwt; Min- nesota sacked round whites 75 cwt. NEW YORK, quiet; 14%. Jan, ' 17.—Copper electrolytic spot and futures Tin easter; spot and nearby 38.62; futures 38.75. Tron steady; 81.00; Lead stead. Zine quiet nearby deliv 0. spot East St ry 7.b0@7.75 1 northern 30.00@ 9.2 northern 29,00@30.00. Louls spot and 685@0.90. Antimony spot 6.85. sil ahs 2, } _ SILVER | NEW YORK, Jan, 17.—Foreign bar allver 65%; Mexican dollars 60. LONDON, Jan. 17.—Bar silver 324] per ounce. Money 1} Serovar 4 per cent. Liberty Bonds. NEW YORK, bonds closed: 8% $98.10; first 4%s $98. Ja treasury 4% Cotton YORK, Je jumiddling #2 third 4%{s $98,9: Victory 4%s (unca in. 17.—-Libert 64 fourth 4 led) $100 $09.04 40, ¥ $101.20; second 4) second 4%s| Associated Pross Leased Wire. New York Stocks || Allied Chemical & Dye. Alis-Chalmers American Amertean American American Amertean American American American American American American American Anaconda Atchison Gulf & W. Indies. saldwin Locomotive Baltimore &, Ohio. m Steel « Capad'an Pacific Central Leather Chandler Motors “hesapeake & Ohi Chieago, Mil. and- st. “hicago, R, I. & Pac. “hino Copper Colorado Fuel & Tron. Corn Products oible Steel Can Car & 7. Hide & Leather pfd.. International Corp. Ipcomotive Sugar -... Sumatra Tob: T. & T. ‘Tobaeeo - Woolen Copper .. Motors Co. ireat Northern pfé Minols’ Central ‘nspiration Copper nternational Harvester ‘nt, Mer. Marine pfd. ternational Paper ‘nvincible Oi . "DPily-Springftela Cennecott Copper Touisville & Nashville. Mex'can Petroleum Mam! Copper Middle States Ot}. Midvale Steel Northern Pacific ‘klahoma Prod. fic ON - an Amerlean Petroleum. nnsylvania — Pure tay Re Consolidated ding -. Iron royal Dutch, tears Roebuck Ynelair Con. O'L ern Pacific ern Ratiwav 1 On of N.J... Corporation nnessea Copp xas & Pacifi co Av Pact Sout and stuflebaker 7h vited fic Oe Alcohol. ted Rubber. ed "thh Copper - stili@housé ‘Tilly Overland ‘can Zinc, Lead and Sm. and Superior. Petrolew na Power St Ss atte ‘ala Northern Ore. xo Northwester Maxwell Motors ‘“B' Yonsolidated Gas American TLinsee? Oil, so WYOMING OILS YORK, Jan. 17.—Prices of t 2p, m. today were w York curb as fok NEW yom.ng ols sted on the } tows: Boston-Wyoming 1 1-16; Fensland 16%; Glenrock 1%; Mutual 12%; Omar 1 1-16; Salt Creek 2 MONEY | W YORK, Jan, 17.—Call money dy; high 4; low 8%; ruling rate 4; cloning bid 2%; offered at 4; last loan 4%; call loans against acceptances 3%} time. loans steady; mixed col- lateral 60-90 days 4% @4%; 4-6 months 4%@4%; prime commercial paper 44%@4%.- MANY BOODSITES CHANGE HANDS (Continued from Page One) been reported from the storm this morning. Many ‘residents have for- tultiously taken to the habit of living in basements for the Inst few years. Those wo wituated took to their root cellars last night and stayed out: of sight until- the necessity of earning an honest or dishonest dollar forced them out of their holes today. Occupants of the front room in the American hotel, on the second floor, were more or less inconvenienced in the early hours this morning to find that the wind had blown a steel r@d through the wall, Jt turned out to have been the stanchion that had been supporting the sign of the A. & F. cafe. Bert Wagner, well known Casper resident for the last 85. years, woke up this morning to find the smoke- stack blown off his home at 631 East Second street... Latest reports were that the stack had passed Grand Island, Neb, at 6.17.8, m,, heading straight east. Several signs including one at the old Wyoming filling station, now the Continental, on East Second street, were rendered hors-de-cotnbat. A y wind-shipment of garbage pans, ash barrels, loows timber and elderly cats {8 reported out of Casper’ this morning. jer Minn. P Closing Ma cbe Casver Daily Cribune ee PAGE NINE. Oil Securities Furnished by Taylor and Clay. LOCAL OIL STOCKS Bessemer... 20 122 Big Indian -.----... 15 soston Wyoming --- 1,00 Buck Creek - aT Burke -.. REN Eye slackstong Balt Greek .24 Black Tail ---..... Chappell... 139 Célumbine _.. - 3 Consolidated Royalty 1.27 1.29 Capitol Pete a= 80H 0 Cow Gulen -.= 2 03 203 Domino 08 08 Elkhorn aan, 04 B. 7, Willlama.-....... 765. 7 Kinaey Coastal -_. 41 43 Compass ~~... 01% 02 Frantz nnann 5,35 5.50 Gates ho aa Supiter ao OD 4 Lance Creek Koyalty, .02 Mike Henry . = 03 Mountain & G ~ 1.27 Ovtwent .. Red Hank .... Picardy Preston Royalty & Prod Tom Bel! Koyalty Western Exploration- Wyo-Kans, Wyo, Tex Western States Yor .. 7 NEW YORK CURE Mountain Producers AND QUOTATIONS BY LEASED WARKET GOSSIP-AND FIELD NEWS DRILLING SLOW IN BAXTER BASIN With a continuation of extremely bad weather in the Bax- ‘ter Basin field operations have been practically closed down for the winter with the exception of those of the Ohio and the Associated Oil companies, After a delay caused by cementing and mudding the 10- inch in the Ohio well on section 36-18-104 drilling was re- sumed a few days ago but cavings necessitated another shutdown while the hole is being cleaned and more cementng done. This location 48 about a mile south of the huge gasser of the company which was the dis- covery well in the field. The Associated has reached a depth of 2,600 feet tn its test on the north- east quarter of section 23-17-104. and it is belleved that the bit is now on top the second W: Creek tn wh'ch the Ohfo struck its enormous gas flow. Owing to its location It is ex- pected that the Associated will have to drill approximately 700 feet deeper than the Ohio to strike the same pro- ducing hor’zon but this can not ba definitely determined, According to reports {t Is the Inten- tion of these two companies to con- ee O89 848 |tmuc arining throughout the winter. Sart Greek Prée = 20/87 2119) 1 ts stated by geolog sts who have Salt Creek Cons. [10/50 11.80) Worked in the field that the big pro- Brot, & Tetra. = “900 11.00|@uction will be found In the Lakota Marine, new = 600 5.50/sand at an approximate depth of 3,400 Mutual a, = 12.50 12.62/ feet. S. 0. Indiana = 61,00 61.50} pena Set ‘ties Bervice Com 200 179,00 Gengana’ cn 16.50 Ohlo Spads tn Fest, Mammoth Otl 52.50] The Ohio Ol! company has spudded New York Oll- 18.00|'n new test in the Lance Creek field LIBERTY wh'ch {s located on section 2-36-05 aus 2 101.14) The company has also erected a rig ist 4s. od 98.61; for its No. 4 well on section 5-35-65 and 4s 8.14 and preparations are now be'ng made 1st 4h8 68,to start drilling at this location. and 4\s 98.16] The Buck Creek well on section ‘Sra 44s - 9870) 3-35-65 has been cemented and it is 4th 4s — 98.50) expected that th's will be completed Victory 4%s 100-30) soon. This operation 1s being close'y watehed by Lance Creek operators as It is expected to make one of the best |wells in tho field when completed. Crude Market Earnings High for Year. 1! Earnings of the American Ia 'Y¥rance Engine company for the year arenes “ELUE| of 1922 were at the rate of $2 a share itvie Crk 2 T*yos| Which 1s 214 times the dividend re Big Muddy 11 Salt Creek 1.15 ck Creek — ~ 1.60 Osage -. - 1.60 Lance Creek - 1,60 Grass Creek - —, 1.60 Torehlight 1.60 Sunburt - -10 to 1.00 Sik Basin ~ 1,60 Greybull - - 1,60) Lander = 1.15 ' Live Stock Chicago Prices. CHICAGO, Jan. 11.—(U. 8. Depart- ment of Agriculture.) — Hogs—Re © pts 21,000; slow, steady with Tues- lay’s close; bulk 150 to 190 pound averages $8.25@8.40; top $8.50; few 225 to 300 pound butchers $8.05@ bulk weighty packing sows $7.60 desirable pigs $7.75 @8.25; wolght hogs $7.90@8.10; dium $8.00@8.80; light $8.25@8.50; light light $8.26@8.60; packing sows smooth $7.16@7,50; killing pigs $7.75@ Cattle— Receipts 14,000; market ver slow; beef steers and butcher she stock opening weak to 26c lower; medium grades off most; killing qual- ity beef steers better than Tuesda; early top steers $11.00; weight 1,160; few other loads matured steers $10.73 @10.85; best yearlings mixed eers: and helfers $10.75; bulk beef steors of quality and condition to sell at $8.50@ $10.00; veal calves strong to 2bc higher; quality cons{dered; other klll- ing classes steady to weak; stockers and feeders strong; bulk desirable veal calves to packers $11.00@11.25; bulk desirable bologna bulls $4.75@4.90. Sheep—Receipts 13,000; opening ac: tive; early sales fat wooled lambs strong; tending higher; clipped lami big 26c higher; early top $14.65 to city butchers; $14.50 to packers; desir- able clipped lambs $12.65; fall shorn ‘ind $19.26; fed 100 pound yearling wethers $11.25; feeders steady; desir- able 62 pound feeding lambs $14,50; sheep 25c higher; cholee 100 pound ewes up to $8.00. Omaha Quotations. OMAHA, Neb., Jan. 17.—(U. 5. De- partment of Agriculture.)—Hogs re-! ceipts 18,500; steady; closing dull; bulk packing grades 1.25@7,60; bulk butcher hogn 8,10@8.25; top 8.26. | 7,800; detter grades Cattle receipts 7 beef steers stead: in-between grades 7.50@9.00; top 10@25e lower; bulk 9.75; she stock steady to 25c lower; bulk cows and heifers 4.35@76.00; bulls stockers and feeders steady to weak; veals steady; top 11.00. Sheep receipts 8.000 c 3 bulk 19.75@14. top 14.45; sheep and feeders strong; best ewes included 7.25; top feeding Jambs 14,36. Jamb 2 Denyer Prices. DENVER, Colo., Jan. 11,—Cattle-—- Receipts 2,900; market steady; beef steers $5.0@8.76; cows heifers $4.00@8.25; calves $6.00@9.50; bulls $2.50@8.75; stockers and feeders $3.60@8.75. Hoge—Receipts 1,300; close steady; top $8.95; bulk $7.80@8.10. Sheep—Receipts. 8,700; — market! steady; lambs $12.00@13.50; ewes $4.00@6.75; feeder lambs $12,00@13,50, | ——.—___ OM leases, real estate, owners of ‘Teapot townstte. — Mepresentatives wanted. Call _or write us. Teapot | Development Co., 218 Midwest Bldg.. | Casper, Wyo. Lat — Meet me at the Smoke House, tf quirements. Stock Taken From LAst. | Stock of the North American Oil ‘company has been taken from the list lon the New York stock exchange. Copper Issue Absorbed. | The $100,000,000, 6 per cent bonds |f the Anaconda Copper company were fully subscribed this morning at 96%. The books were ‘opencd and promptly closed, Dividend By Buckeye. The Buckeye Pipe Line company hes declared the regular qurterly div- fdend of $1.75 a share. German Marks Ti German marks made another low with the opening of the exchange in London this morning when they were quoted at 83,000 for one pound ster- ling. I. ©. C. Hearing Resumed. ‘The Interstate Commerce C&nmis- sion today resumed {ts hearing on the Great Northern, Northern Pacific and Burlington Consoildation. Debt Conference Adjéurned. The British-m\rican debt confer. ence has adjourned’ until Thursday, It is reported that the United States 1s unwilling to accept the 314 per cont rate offered. Negotiations are likely to continue beyond next Saturda: when Chancellor Baldwin sails for England, Government Makes Withdrawal, The government {s today withdraw- ing $31,000.000 from member banks of hthe federal reserve in the New York istrict. Denial Made by Gray President Gray of the Union Pa- cific dentes the reports attributed to him regarding the “Union Pacific and’ Central Pacific matter. N. P. Purchases Equipment, The Northern Pacific has contract: ed for the purcinse of 6,280 new ears and 49 engines at a total cost of §17,- 000,000. Car Loadings Increase. A complete report shows car Ioad- ings throughout the United States for the year 1922 were 16 per cent above those for 1921 and 3% per cent above 1920, Stocks Down on Day. ‘The average price of twenty active industrial stocks traded in on the New York stock exchange on Tues day was 96.90, a net loss of 1.08. The | average price of twenty active rail road stocks was 84.00, a net loss of | .75. Dividend Declared. The National Biseult comnany has declared the regular dividends of 75 cents a share on the common stock to payable April 4 stock of record Mareh 31, and $1.75 on the proferred payable February 28 to stock of ord February 14. New Oi! Companies, New oll companies formed numbered 784 representing a total capitalization of $1,639,693,000 com- pared with 926 new companies formed in 1921 with total capitalization of $1 255,657,000. The average monthly investment !n of] concerns amounted to $136,641,085. The average eapital- in 1922 ization of the companics was unusual large ty-elx companies mounting to $2,009,011 rmed in | De ember a my total red ember, Tho capitalization .jat for the December companies was $40,- 160,000 as against $61,780,000 in No- vember. As against 16 companies in November there are 10 in December formed with a capitalization of $1,- 000,000 or more. High Salaries Essential. Arthur Brisbane sayg in part, re- garding the salary, figures of an oll company brought out at the senate oil inquiry hearing: “You can't make the world better by trying to discourage big salaries. The thing to discourage {s the little salaries, They do the harm, make nien dirsatisfed, curtail production. If one mun can run a gigantic con- cern, doing the work that a hundred men would do if the big concern were divided up sate @ hundred units, that man is a labor saver and entitled to sompensation accordingly. ‘The cheapest thing is an expensive man if he works, The dearest thing is a cheap man that doesn't work.” No Chango In Midwest. The Midwest Refining company has ¢ tests drilling in the state on which very, little change is noted from the latest previous report. Midway Test No. 2 is still shut down waiting r rotary pipe at 4415 fect. Crowe well No. 2 in the Notches field is drill. ng at 2225 feet. The Nieber dome test Is now waiting for cement to set around the 12% inch casing at 1062 feet. There were no completions by the company in the Salt Creek field dur- ing the past week. RENGH TOTIKE “MINES AND MEN (Continued trom Page One) trial leaders, including Herr Thysson, were told hy the French authorities at Duesseldorf to consider themselves under arrest after the magnates had reiterated that they would only obey orders from Berlin. th ESSEN, Jan. 17—(By The Asso- elated Press.)—Directors of German coal mines, having reiterated that they would abide by the order of the ederal coal commissioner to deliver no more fuel on the reparations ac count, were apparently waiting early today to see what the next of the threatened French penalties would be. It was suggested at French head- quarters that the mine owners or their representatives might elther be arrested or subjected to heavy fines. Other penalties sald to be in pros- pect were the occupation of further territory and possibly the confiscation ef the mine properties and seizure of the records, The suggestion was made here to- day that the coal commissioner's order might be followed by instructions from Berlin forbidding the ra!lway officials to load or transport repara- tions coal, DORTMUND, Jan. 17.—(By The As- soclated Press.}—Demonstrations by nationalists in Dortmund late last night caused clashes with com- munistic labor elements but interven- tion by the French forces was not necessitated, The French have reinforced the troops of occupation here as further trouble is expected tonight. National ists Intend to hold a street parade which General Rampon, the French commander, has forb!dden. DUESSELDORY, Jan. 17*~(By The Associated Press.)—Representatives 0 the German magnates failed to appear this morning before the control com- mission, sending word they had de- elded to obey the instructions of the Berlin government instead of the French orders as to coal deliveries, thus placing the next move squarely up to the French occupying au- thorities, DUESSELDORF, Jan. 17,—(By Tho Associated Press,—Ruhr valley coal operators had before them today the French ultimatum that ff deliveries were not resumed th’s morning “the | military authorities would take such (treasures ag were deemed necessary.” | The u'timatum delivered to the in- | dustrial leaders yesterday d!rectlag |them to resume coal delivertes under | heavy penalties for failure, expires at 4 p.m. No action will be taken by |tho French, {t ts atated, until the full |24 hours from the delivery of the ultt matum, 4 o'clock yesterday afternoon, has elapsed, The attitude of the German mag nates seemed to be ep'tom’zed in a remark made by Herr Themas, rep |resentative of the &tinnes’ Interests Jat Gelsenkirehen. He sa'd: | “We are perfectly willing to go to }4ail but under no conditions shall we resume deliveries.” Bo far ns wan Indicated tn advices reaching the city this morning not a chunk of reparations eoal or coke was be'ng sent to France or Belgium by any of the Ruhr mines. It was reported that in same inatances ship- ments Intended for south Germany were being diverted westward by the ecoupation authorities. Tt was sald that Italy were contin deliveries to uing Freneh epublic 8s. French Republic 1% Kingdom of. Belgium Kingdom of Belgium Kingdom of Norway U. K. of G. B. & 1,8 U. K. of G. B. & T. 644s 1987. American Sugar 6: American Telegraph & Telephone cv. American Telegraph & Telephone col. t Armour & Co. 44. Baltimore & Ohio cv. die... Bethiechem Steel ref. bs. Bethlehem Steel p, m. Canadian Pacific deb. 5s. Chicago, Burlington & Quincy re: ago. Milwaukee & St, Paul cv. Goodyear Tire 8s 1981- Goodyear Tire 8s 1941- Grand Trunk Ry. of Ca Grand Trunk Ry. of Canada Qreat Northern 79 A Great Northern § 1-38 B. Mo Kan. & Texxas new. adj. 6a A_ Missour! Pacific gen. 4 Montana Power 5s A. New York Central «A Northern Pacific pr. lien Oregon Short Line gtd, 5a atf Oregon Short Line ref. 4 Pacific Gas & Electric ba. Penn. R. R. Gen Penn. R. R. Gen, Reading Gen, 4s. Standard Ol of California deb. 7 Union Pacific 1st 4s. U. 8, Rubber 7% U. 8. Rubber 63. Utah Power & Light 6 Western Union 6% Westinghouse Electric Dominion of Canada 6% per cent notes 1920- 102% 95% 101% 16! 94% 92% 91% 03% © 97% 96% 9615 111% 111% 115 1M4% 108% 103% 6 115% vr. 6 98% 88 the operators, General Simon said Germans “We have not summoned you nere for a discussion but to tranwnit to| you the orders of our government. If] you do not see fit to obey them you w.ll be progecuted before a courtmar- Val, condemned and imprisoned.” The industria’ leaders filed out of the room without uttering a word, but once outside of the conference nal! they tnade no secret of ther determ!- na‘on to go to fall, rather than gub-| mit. salrty-two labor leaders, represent ‘ng all the d’stricts and all the trades in the Ruhr, ineluding the Cathoite. socialists and communists syndicates of m ners, ra‘lroad men and steel and \ron workers, wera introduced) Dr. Greetaner, Prussian governor of Due: seldorf province, acted as their spokesman. | c Bimon to'd the labor leaders France was the friend of the working man. Germany's government, he de- clared, was reaponsible for the recent events and was willing to sacrifice the working men to {ts ‘mperiaglistic policy. It had permitted the food stocks, to become depleted and cared lttle whether {ts own naiona’s starved or not. Dr. Greetzner, under great emotion, sald: “I can not listen to such les, to such an unjust arraignment of my government, I withdraw.” He then left the conference. Gen. Simon, continuing, requested the labor men to get into touch with thelr comrades in the Duesseldorf ard Duisburg zones, which bad been un- der Rrench occupation for two years. and jearn how well the working men had been treated. The leaders agreed to continue work so Jong as there wus work for them to do, but expressed the opinion that circumstances might cause the .ndustries to shut down. The French are resolved to carry out their threats of reprisals and irm- pr.sonment, it would appear, and the Germans are determined to resiat the developments like'y to ocour if by 5 o’clocke this afternoon the magnates do not recede from thelr present stand. DUBSSELDORF, Jan. 11.—{By The Associated Press, 5:20 p, m.)—It was officially announced by Gen. De Goutte this afternoon that the mill- tary operations of the Ruhr oceupa- tion now are completely finished. BILL WOULD ASK WYO. REFINING (Continued trom Page One) duced in Wyoming from federal lands shall be refined in Wyoming, and Wyom'ng tn this manner given some fair measure of advantage from its removal from the ground, When Woodruff suggested that the waste paper basket would be a proper place for the resolution, Leslie A. Mil- ler of Laramie county, Democratic floor leader, addressed himself to the resolution, declaring that it was a matter of great interest to the people of Wyoming. At the conclusion of his remarks reference of the measure to the ofl and gas committee was made Grippe Confines Harding to Bed; Nothing Serious WASHINGTON. Jan, 17—Pres'dent Marding cancelled all of his engare ments today in order to rema'n In bed on account of an attack of grip. | It was said at tho White House that the day t was decided on merely TEAPOT AIRING UNLIKELY HOU (Continued from Page one) organization but had a surplus af §&¢ 260,000. Net earnings for the Sinclair Pipes Line company, in which the Standard Oil company of Indiana owns a. halt Interest, were given by Mr. Sinclar an follow: January 1, 1920, $672,553; Januare 4, 1921, $2,957,145, and June 30, 1023 with taxes not deducted §2,495,930. The company on last June 30, he gald, had a surplus of $3,864,000. The Sinclair Crude Ou Purchasing company also owned jointly with the Standard of Indiana, he sald, had shown net earnings from tts organti- zation, February 9, 1921 to Decem. pr $1, 1921 of $121,194, and a deficit tor the first #ix months of 1922 of $67,444. The surplus on last June 30 was $63. 450. While the LaFollette sub-committee was hearing the testimony of. Mr, Sinclair, the public lands committea postponed for another week its hear- ings on the Teapot Dome lease to the Sinclair interests. TO ESTABLISH | INTER-ALLIED COVERNMENT PARIS, Jan, 17.—(By The Assoct- ated Press.)—The allied counell of ambassadors decided today to send an extraordinary mission to Memel to establish ® provisional inter-allied government under the authority otf the French, British and Italians. ‘The council! also will make represen- tations to Lithuanta, holding her re- sponsible for the Invasion of the in- ternationalized Memel territory and asking Lithuania to recognize the pro- visional authority established, 8 MASKED WEN ROB COLO. CAME AND KILL MINER ERIBP, Colo., Jan. 17.—Three men, masked and heavily armed, last night held up and robbed six men in a min- ing camp near here and shot and killed Charles Newlin, 85 years old, when he attempted to wrest a revol- ver from one of the bandits. The men escaped with $200 in cash. —————_—_ MEXICO CITY—Labor groups held an elaborate funeral for Ricarda lores Magon, the Mex can labor leador who died In November while a prison: er in Leavenworth, Kan SWAN UNDERREAMERS s AT YOUR SUPPLY. , Ss" ry and tha condition showed developments | Secretary Christian after a visit to the president's room, sald his ch'ef| felt “a very Ititle worse,” than he did| measure serlous yesterday when he attended the| cabinet metting, but spent the re-| |mainder of the day lying down. He j has been at ing from a heavy co! I for ae Surveying aud Locations Geologists Oil Experts Oil Field Maps, Blue Prints WYOMING MAP AND BLUE PRINT CO. P. O. Box 325 Room 10, Daly Bldg.