Casper Daily Tribune Newspaper, February 10, 1923, Page 7

SATURDAY, FEBRUARY 10, 1 OTOGKSFORCED |GRAIN PRICES UP BY BUYERS 923. Che Casper Daily Cribune - Bonds ate Stocks -:- Grains -:« AND QUOTATIONS BY LEASED BULLISH FACTORS | New York Stocks | Assedated Pres Wire | Allied Chemical & Dye -.-. 76% Allis Chalmers -......-———- American RULE GRAIN MARKET, WEEK’S PRICES HIGHER shares. JOAR HIGHER Liverpool Demand Has Bull- ish Effect on Chicago Trading. Short Session Today on Ex- change Featured by Live- ly Demand. NEW YORK, Feb. 10—Another series of remarkable bullish demon- strations in special issues carried faiverage stock prices to new high levels in today's brief session of the market. Higher commodity prices and expanding business operations, as Indicated by the weekly mercantile reviews, influenced the bidding. up of prices by professional speculators for the advance who were quick to find new leaders when the old favorites showed signs of halting. The buoy- ancy of the sugar !ssues permeated the entire market with some excep- tional gains being recorded by a few individual shares, notably United Cigar Stores, up 24; Kresge up 91% Woolworth up 5 Cuba Cane pre- ferred up 5%; American Beet Sugar up 4; Manati Sugar 3% and Ameri. can Bumatra Tobacco up 3%. Rail. road shares also were more active low priced non-dididend paying issues be- ing most in demand. The closing was strong. Sales approximated 725,000 CHICAGO, Feb. 10.—Iresh upturns in the price of wheat took place today during the early dealitigs, bullish sen+ timent being stimulated as a result of higher quotatfons at Liverpool. Sep- tember delivery here touched a new high price record for the season, $1,124 On the advance, however, profit taking sales for eastern inte ests especiallyin the May delivery, brought about something of a reac- tion, The opening, which ranged from %o to %c higher, with May Mae t $1.22 and July $1.14% to was followed by a Mttle fur iio gain and then by a setback to almost the same as yesterday's fin ish. Subsequently offerings were reat+ {ly absorbed, and with arrivals at six leading centers only 399 carloads to- day as against 571 a week ago, the market at the last went decidedly above early top prices, The close was strong, %c to 1%o0 net higher, with May $1.22% to $1.22% and July $1.15% to $1.15%. Corn and oats were firmer with wheat. After opening %c~off to 5 shade advance, May 760 to 76%, the corn market scored moderate gains all around. May corn reached the highest point yet this season, 77 cents a bushel The close was firm at %c to jc net advance. with May 76%0 to 76%c. Oats started %c to %o up, May 45%0 to 45%c and later showed an additional advance. Provisions were neglected, but nom: Inally steady. CANAL DISPUTE WIPED QUT BY NEW PROTOCOL Costa Rica and United States Sign Pact to Clear Situation: NEW YORK, Feb. 10.—Opening prices in today’s stock market were firm early, changes generally beine small and unimportant. Southern Railway advanced % to 32%, a new high record for the year and Marine preferred opened a point high. Good buying also was noted in the sugars, motors and some of the dividend’ pay- ing rails. Sugar stocks touched new high levels for the year on announcement of an incrgase in the price of Cuban raw sugar to 4% cents a pound, the highest since 1921. Manati was pushed up 2 points and Punta Alegre Cuban American, American Beet Sugar and Cuba Cane one each an¢ South Porto Rico Sugar %. Tobacco shares also continued strong, Amer- jean Sumatra rising 1% and the pre ferred and American one each. Gains of @ point or more also were recordec by Coca Cola, Corn Products, Cruci- ble Steel and American Woolen. For- elgn exchanges opened irregular. ——————— Foreign Exchange | NEW YORK, Feb. 10.—Foretgn cx- hagas irregular; quotations in cents: Great Britain demand 4.68%, cab'es} 4.68%; 60-day. bills on banks 4.66; France demand 6.20; cables 6.21; Italy demand 4.81%; cables 4.82; Belgium demand 5.45; cableq 5.45%: Germany demand .0034. cables .0034%; Holland demand 39,50; cables 89.53; Norway demand 18.44; Sweden demand 26.63; Denmark demand 18.85; Switzerland demand 18.75; Spain demand 15.66; Greece demand 1 Poland deman .0027. Czecho-Slovakia demand 2 Argentine demand 37.12; | Brazil de- mand 11.50; Montreal 98 16-16. ——— P. and R. Curtailing Operations. Producers & Refiners corporation has practically closed down operations for the remainder of the winter and has only threo operations active in the state at the presen time. A new rig ts being completed at No. 2 on section 14-39-79 in the Salt Creek field and a test of production will soon be made here. No. 1 on section 18-40-79 is pulling 10/nch casing. The 104nch has been set in the Enos Creek test on section 26-46-100 fat 1810 feet and drilling is now belng continued. Owing to extreme cold which has frozen the water supply tae Wertz test on section 7-26-89 has been closed down until a suffid‘ent supply can be had. The company has also closed down all operatins in the Sand Draw, ‘Thrnton, Baxter Basin, Ferris, Ma- hney, and Sherard fields. paseesttuakas hes “ratte oa LATE SPORTS CHICAGO,, Feb. 10.--Harl Sheely. first baseman for the Chicago Amer- fean league team, today was report- ed a holdup because he was offered a contract for only the 1923 season. WASHINGTON, Feb. 10.—A proto- col has been signed by the United States and Costa Rica eliminating difficulties dating back many years and affecting the possible future de- velopments of the Nicaraguan inter- oceanic canal route. ‘The protocol provides that in the event of a decision by the United States to build a canal along the Nicaraguan route, Costa Rica will be consulted directly by the United States with relation to interests Costa Rica holds under the terms of the Nicaraguan-Costa Rica boundary arb. {tration award made by President Cleveland. The protocol specifically mentions Costa Rican interests in the San Juan river section of the canal route and in Salinas bay as a possible canal terminal. The text of the protocol signed as an incident to the Central American conference which closed yesterday, will not be made public until it has been transmitted to the senate as a matter of information. It conforms very closely to the similar protocol signed with Costa Rica by John Hay, while secretary of state, and does not require senate confirmation, Presumably the result of the dis- cussions with Costa Rica, in the event of a definite project to ®ulld a new canal being taken up would be the granting by the United States of pay- ments to the Costa Rican government in return for canal route concessions similar to the $3,000,000 payment to Nicaragua provided for in the treaty, negotiated by former Secretary Bryan granting canal concessions by that government to the United States. The negotiations between Secre- tary Hughes and Costa Rican repre- sentatives were entirely distinct from the Central American conference. It is felt here, however, that the signing of the protocol has done much to im- prove Central American relationships generally. Secretary Hughes’ action tn reviv- ing the Hay protocol in slightly more specific form is regarded in official circles as having smoothed out diffi- culties that might have stood in the way of development of the Nicarag uan canal rights In the event traffic through the Panama canal continu to increase to a point where a new waterway from the Atlantic to the Pa. cific should becom necessa: Sroninieanalsionsateek Discoverer of X-Rays Is Dead BERLIN, Feb. 10—(By The Asso- clated Press.)—Professor William Con- rad Roentgen, discoverer of the Roentgen rays, popularly known as X-rays, is dead at Munich. oe CHICAGO, Feb, 10-—~Butter lowery ow creamery extras 490; standards 48c;/ Teapot — townsite. Mecressatagives extra firsts 47@48c. firsts 45% @46%c;| wanted. Call or write us. Teaj seconds 484 @di%c. Development Co., 218 Midwest Bl rss Eggs lower; receipts 18,894 cases;| Casper, Wvo. 16tf firsts 80@30%c; ordinary firsts 29@ ae 234405 miscellaneous 29% @30a, defend the Walker cup, the New York Tins today says It on good authority. Another Pers of the team, the paper says, may be Bobby Jones of Atlanta, a student at ‘Harvard, who has applied the university authorities for of absence. Evans, Harrison Johnsott Jesse Guilford are also men- leases, reat estate, owners of os Uae Tribune Want Ads and get results’ American American American American American American American American American American American Woolen Anaconda Copper Atchison — Atl, Gulf and West Indies -... 25% Baldwin Locomotive Baltimore and Ohio - Bethlehem Steel B .....-.. Canadian Pacifié -... Central Leather Chandler Motors -...... Chesapeake anc Ohio ---. Chicago Mil and St. Paul Chicago, R, I, and Pac. -. Chino Copper Colorado Fue‘and Iron Corn Products -. Crucible Steel Sumatra ‘Tabacco - General Motors Goodrich Co. Inspiration Copper -....---.. International Harvester - Int. Mer Marine pfd. ..... International Paper Invincible Oil Kelly Springfield ‘Tire Kennecott Copper .-.-------. Louisvilie and Nashville -. Mexican Petroleum --.~--.--2.. 60B Miami Copper ~--~L---se-0---- 27% Middle States Oil wareceer ae 1% Midyale Steel -----------e---5 29% uri Pacific ~.--.----<--- New “York Central --..-----.. . ¥., N. H., and Hartford Norfolk and Western --.----. 116% Northern Pacific -. Oklahoma Prod a! Pagific Ol Pan American Petroleum -... Pennsylvania. People’s Gas Pure Oil Ray Consolidatec Copper ----- Reading Rep, Iron and Steet Royal Dutch, N. Y. Sears Roebuck Sinclair Con Oil oo Southern Pacific --~------. Southern Railway -~-.---.---- Standard Ol! of N. J. -------. Studebaker Corporation ex div. Tennessee Copper ~~~. Texas, Co, ‘Texas and Pacific ------------ Tobacco Products ~----------- Transcontinental Oil Union Pacific ---------—----- United Retail Stores ---------. U. 8. Ind. Alcohol ----——~- United States Rubber --—~-. United States Steel Utab Copper ~.----.---------- Westinghouse Electric. ----- Willys Overland -. American Zinc, Lead and Sm. ~ Butte and Superior ---------- Cala Petroleum Mcfitana Power Shattuck Arizona Great Northern Ore -~---—-~ Chicago Northwestern Maxwell Motors B -------~-- Consolidated Gas -. American Linsee@ Oil -------- — Standard Oil Stocks New York Curb. hee 91 39% 110 65 169 98% 28% 185 108 11% 237 114 189 115 179 65 Anglo Buckeye Continental Northern Ulpe _ aaememwes= 235 eovewee 113 Southern Penn Ofl -...177 8. O, Ind. 64% 8S. O.. Kan, O. Ky ------------- 93 0. Neb. 222 ON. ¥. 45% 8. 0. Ohio ~..--------= 294 Vacuum -------------- 47% To Continue, Forecast Says WASHINGTON, Feb. 10.— ‘Weather outlook for the week be- ginning Monday: Northern Rocky mountain and plateau regions: Occasional snows with temperature normal or slightly below. Southern Rocky mountain and plateau regions: Generally fair, ex- cept snow over north and snow or ra.n over south portion about Tues- day or Wednesday; temperature about normal. Pacific states. Occasional rains with temperature near normal. —_——_—- The Dowager Queen Margherita of Italy belongs to the list of famous persons who are superstitious, She ts so strong a believer in the {l-luck of being one of thirteen at table that she never has included herself in a party of that number. Mlle, Marguerite Massart, of Brus- sels, is the first Belgian woman to warded an engineering diploma. Boston Wyoming .-. Buck Creek Burke Blackstone Salt Creek Chappell Columbine Consolidatea Ftoyalty_ Cow Gulch .~. Jupiter Kinney Coastal Mike Henry ---..... Mountain and Gulf .- Red Bank Pleardy .. Royalty & Producers- Sunset Tom Bell Royalty -. Western Exploration. Western States Y Ol . NEW YORE CURR CLOSING. Mountain Producers -$ 17.75 §$ 17.87 --- ferritt 10.87 Glenrock Oil 1.69 21,87 F - 11.50 A - 9.00 <I Marine new 5.000 x Mutual 14.37 5 186.00 188.00 sensland Oil 14.00 16..00 New York Oil 10,00 15.00 Mammoth Oil 55.50 55.87 LIBERTY poxns. $101.56 98.60 - 93.38 98.86 98.64 98.90 Fourth 4%s5 -.-. 98.76 Victory 4%s -. - 100.22 Torchlight Elk Basin Greybull Sunburst 23-YEAR-OLD “ Soecoean ne 2 Ssssssauataan e s BY JOSEPHINE VAN DE GRIFT. NEW YORK, Feb. 10.—Twenty- three years old and babies to cud- dle, feed and clothe! That's the task confronting May Weisser, youthful superintendent of the Israel Orphan Asylum, who, al- most without warning, was whisked | out of the institution's offices where) for three years she had served as a bookkeeper and told tt henceforth the responsibility for the entire insti- tution would be in her. hands. And without a regret for tho parties and the good times, the.clothes which other girls of her age consider indis- pensable, Miss Welsser bas buckled down to the business of mending Shey broken hearts and wiping the noses of the little homeless children of New York's East Side. Sacrifice? “Not a bit of it,” smiles the exceed- ingly attractive young woman who, if looks and charm and disposition count for anything, requires none of Mr. Coue's self-improving dev'ces. Miss May Welsser, 23-YeupOld OF 128 BABIES GIVES UP PLEASURE FOR WORK CHICAGO, Feb. 10.—Active buying apparently for eastern interests and based to a considerable extent on price as fudged against other staples price as judged again st other staples has lifted the wheat market this week to a higher level of values. Compared with a wel ago, wheat this morning Was 1% to $%c a bushel, corn show- od a gain of 1% to 2K0 cats te to and provisions Se to 12c. Great ive strength in wheat, the delivery which represen supplies on hand as (istinguished from the prospective new crop, has been one of the most striking fea- tures of tho wheat market through- out the week. A continued falling off in the volume of receipts at primary terminals has attracted special no- tice and appeared to emphasize bull- ish conf{'ence that the immediate shcwing wheat was too cheap as compared with the commodity list us UNIQUE PROGRAM FEATURES SOUT PROGRAM HERE a whole. Further optimism on the part of the wheat buyers was asso- ciated in some quarters with effects looked for through settlement of tho British war debt. Fluctuating chances of peace and war in tho Near East had much to do with previous temporary price changes in the wheat market, but failed to alter except in a transient wny the general upward course of values. In @ like manner, snow rain in the winter crop belt merely offset as a market factor tho oppos- ing influence of @ preceding extremo cold wave. Gossip that proposed farm legislation had lost impetus failed als to act as a permanent weight on the market. Cern and oats followed the leader ship of wheat. Provisions averaged hogs. higher than NeW PRESIENT OF ‘HNC UTNE ‘EAR WORK} The rally of the Casper Boy Scouts held in the Nigh school auditorium last night was featured by many unique contests and demonstrations, as we}! as by a musical and oratorical program. The Rev, C. M. Thompson, Jr., de- livered the invocation, after which Tracy N. Shaw and Mrs. Ray Shaw were introduced respectively as the official song leader and pianist of the Boy Scout organization here, W. 0. Wilson spoke and outlined the policies which he hoped the scouts would follow during the coming year. ‘Mr. Wilson, who is the new president of the council, offered three prizes to boys attaining proficiency in differ- ent departments of scouting. One of these will go to the boy who will ac- cumulate the greatest amount of knowledge concerning Wyoming birds, Another will be given to the boy obtaining the most information about woodcraft. Still another will be awarded the scout who accumu- ‘lates the most history of Casper, Na- trona county and Wyoming. Harry Black, former scout execu- tive, addressed the scouts with an emphasis on the loyalty they had shown him during the past years and with the expressed hope that this same loyalty would be manifested MOTHER” ‘Every woman wants a home and here I have one all ready for mo with 128 children in {t. I'm going to make it a real home, and window boxes and everything.” ‘The bird cages and window boxes, along with diminutive tables, nursery pictures, Dutch blue china and other paraphernalia. which Miss Weisser considers every orphan’s rightful her- {tage are already belng installed in the asylum. And so successful have her devices been that older and larger institutions have written to ask her | how she does it. It was Justice Gustave Hartman who recommended Miss Weisser to jher task. Faithfulness over small things, love ‘ef children, tact and ability to handle other people were some 0° the quall- ties which he enumerated. — Italy has 4,800,000 lemon which produce 1,260,000,000 ‘per annum, trees, lemons Orphan Asylum Superintendent, too—with bird cages} toward Mr. Bartle, the new execu uve. Mayor W. A, Blackmore and former Mayor Ben H. Pelton, Jr were also speakers. Troop No. 4 under the leadershiy of. Frank B, Taylor gave a fine dem onstration of packing a horse, for prospecting. The diamond hitch wat used, This is one of the most diffi cult Knots to tle. It was done wit) speed and accuracy. Following this was a demonstration of first aid, artificial respiration, anc knot tying. Proficiency in eact counted as so many points. L. C Goodrich's troop No. 2 took first place in the number of points gamer trém the contests. Troop 8 under W B. Wilson took second, and Troop 1 © Mills took third. It is the intentior of the council to have three such con tests at each rally. Rallles are to be held bi-monthly hereafter. A troor flag will be awarded to the troop which has the greatest number o! points at the end of the year. Last night a telegram ead an. nouncing that the Casper First Class council] would receive a trophy from President Harding in honor of the fact that it was one of the first clas councils in the United States to make its quota of new members in the re cent drive. Casper, in fact, double: this quota. It fs the third first class council In Region 8 to obtain this trophy. The ,Rev. Philip K. Edwards pro. nounced the benediction. Following the rally, 32 boys repre senting 17 troops started for Camp Rotary to experience the fun of model weék-end camp. The privilege of going was awarded the two bo: of each troop who had shown the greatest proficiency in scouting. Live Stock Omaha Quotations OMAHA, Neb., Feb. 10.—(U. 8. De partment of Agriculture.\—Hogs re ceipts 6,000; mostly 6@10c higher; packihg grades largely at 7.25; butch ers 220 to 300 pounds averages 7.95@ 8.00; lights and ight butchers 8.00@ top 8.05. Cattle receipts 250; compared with week ago: beef steers stroug to 25c higher; she st ic higher; bull: steady; veals 25@50c higher; stockere and’ feeders 15@25c higher; bulk cows 4.25@ cannero and 2.75@4.00; bologna bulls 3.75 ight veals 10.00@11.00; top 11.50; stockers and feeders 6.75@7.75: top 8.25. Sheep receipts 600; compared with week ago: lambs and yearlings around steady; sheep 26c lowe: ers firm; bulk lambs 14.25@14.60; top 14.65; yearlings 10.50@1 ewes 6.50 @7A0; feeders 14.00@14.95 If you would go, right to the mat, And find a room or furnished flat, Or hotels, worthwhile looking at, red CLASSY FIED The Want Ad “Page” SWAN UNDERREAME AT. YOUR SUPPLY. STO! Dominion of French K Kingdom of Belgium, 6s ~. Kingdom of Norway, ac American Sugar 63 ~ American American Armour Baitimore Bethichem Bethlet nadian Pacific deb., Chi. Burl. and Quincy Chi, Mil, & Paul ev., dts Grand Trunk Ry of Can, G reat Northern 7s A - ireat Northern 5 3s B Mo. K&an., ani Texas new adj., 68 A M'ssourt Pacific Gon., 1 Oregon Short Iine gtd., Oregon Short Line ref., Pacific Gas and Electric 58 Penn. f. Pe Union Pacifle first ‘as Utah Power and L Vestern Westinghouse Electric, SPECULATIVE POOLS AND PUBLIC million shares daily. had been having a restraining influ- the market taking its cut from an- velopments, on the part of business en and fin States Steel corporation showing that the dividends had not been entirely and Iron company showed a net pro- 35,655, iy on official reports of a continu ance of r next monthly and on the increase In the New Or. leans, Texas, and Mexico dividends. sugar found creased activity at higher prices in those shares. renewed appeal for action on the ship subsidy bill shipping group. prices and higher dividend disburse. ments by the Standard Oil company of Indiana and the Imperial Oil com. pany of Cannda stimulated the buy- ing of the oll group while buyers of| copper ‘shares found encouragement Republic &s ernch Republic, 7445 gdom of Belgium, 8s Fy 48, 1937 - ot G. . K, of G. B.& I, Bel, ‘Telephone Telephine d Co., 44s a Ohio ev., Steel ref. om Steel p. and Telegraph cv, m. nd Trunk Ry of Can., 6s _ bs A “tier R. Gen., an. R. R. Gen., tandard Oll of Cal., Bes - deb... S. Rubber, 744s Rubber 6s Union, 644s és and Telegraph col., tr. bs. BUYING SEND STOCK PRICES UP NEW YORK, Feb. Sales | one his week averaged more than Foreign news developments which snee on business very largely tgnored | ther series of constructive trade de. which included extra div. dend disbursements, announcements o¢ higher prices for a number of com-| modities and a more optimistic fecling inciers as to the immediate trend of sarned, he 19) assumed new vitality when report of the Republic Steel fit of $418,316, as against a deficit of 242 in 1921, the January pig ‘ord car loadings, which, it will be reflected in the earnings statements 3 believed Higher prices for raw and refined reflection in the in- President Harding's revived interest in the Advances in crude oll and gasoline SWAN UNDERREAMERS ’ AT YOUR SUPPLY OF and gravity and above. cent increase this year. POTATOES | Exceeded the supply of last year’s INDUSTRIAL NUMBER of the Tribune. Order your extra copies For this year’s edition and do your part in Boosting Casper Next Sunday BIG INDUSTRIAL ‘NUMBER THE TRIBUNE Make Advertising ; Reservations <-. Order Extra Copies NOW 10.—Breaking in the steadily rising price tendency way from the narrow trading areas|of tho rod metal and the better ex- within which they have been fluctu- vting for two months, prices of stocks moved to new high ground for the year this week in a sustained buying movement, which was stimulated by} yreater activity on the part of specu. ative pools and resumption of public} participation on a large scale. Port demand. Merchandising shares into prominence when the annual téF port of F. disclosed earnings of $27.11 on coma; mon stock in 1922 as against in 1921. Motor company to call for payment, April 15, about $8,000,000 in outstande ing notes due in 1931 testified to the improvement in that industry. ——— ee leaped up W. Woolworth compan: $20.40 The decisin of the Packard | Midcontinent Crude Advanced TULSA, Okla, Feb. 10.—The Prairie, O!l and Gas company today advanced domestic b the price of M'd-continent crude oll Trading in steel shares which be-}10 cents a barrel. The new pricea came lethargic on publication of the|NOW range from $1.40 for oil of 2 t quarterly report of the United|Sravity and below to $2.50 for 41 It ts the fifth 10- iron production reached the highest] CHICAGO, Feb. 10.—Potat iro ne , . 10.—Potatoes dull; level sinée October 1920. recelpts 26 cars; total United States Railroad shares were bought heav-|shipments 564; Wisconsin sacked, round whites 80@85c cwt. —— NEW YORK, Feb. 10.—Foreign bar silver 63%; . Mexican dollars 43%. The Demand Now Phone 15