Casper Daily Tribune Newspaper, March 4, 1923, Page 10

PAGE TEN. Casper Sunday Worming Cribune SUNDAY, MARCH 4, 1923. WYOMING’S LEADING OIL, BUSINESS AND FINANCIAL DEPARTMENT INDUSTRI VEST’ FOUND IN. |" swsonswar|| ~ovscomnc—)FEDERIL RESERUE REPORT SHOW |] (By Wilson. Cranmer & Company) | American | Big Indian Boston Wyoming International Co: Locomotive - Buck Creek Burke - Blackstone Smelting & Refg. -_ ugar __ Sumatra Tobacco appell — | Columbine _ Sie co ae neat, Pobacco ~ | Dominion of Canada, nt notes 1 French Republic 8s. -. Bank debits for the week ending February 14, shaw the customary mid-| French Republic 74s — menth recession, the total being $8,384,000, compared with $9,903,000,000'| Kingdom of Belgium, 7 the preceding week. Smaller figures are shown for all the leading) cen-| Kingdom of Belgium, 6s - rticwlarly heavy reductions be'ng reported for New York City, where | Kingdom of Norw: se amounted to $921,000,000, or 18 per cent and for Pittsburgh,| U- K. of G. B. &t line of $33,000,000 or 32 per cent {s shown. U of G. B. & 1, ared with the total for the week ending February 15, 1922,|4merican Su 6s debits for the report week show an increase of $1.037.000,000 or about American ‘Tel per ¢ 1.10 Total Car Loadings at Chicago Barometer for Sec- tion Says Roger W. Babson, on Annual Tour Cc —Increases of 10 to 35 Per Cent. | Consolidat } Cow Galch . Domino - nd Tel., cv 6: Ameri | Elkhorn per cent. Larger figures are shown for all the leading cities, the increases | Bethlehem eel ref. 5s ~ € CHICAGO, March Roger W. Babson today released vers onda. - E, T. W being pestle ularly notable in Deaie pers it wan a pari cent in Los An: | Anverican 2 vend al col tr. . :. Reece: EF, : tchison Stbae le where it was er cent, and in Pittsbur; which report: a-| 4 a Co. ( the third installment of his annual survey of business condi- Gut ana ‘West Indies pagers - pecs the porig an ads 'Baltimore and Ohio « tions in the United States and Canada. He herein treats of dwin Locomotive Vapiter ® to individual accounts were reported to the federal reserve board| Bethlehem Steel p. m. 5s -—. lls the what he c. industrial we: Itimore and Ohio —that great section im- for banks in 250 centers, cf which 235 are included in the summary by fe«?/Canadian Pacific deb., 5s Kinney Coastal el caperve alee |Cheago, Burlington and Quincy ref. | mediately tributary to Chicago including Indiana, Mlinois, | : Lida pias “| Lance Creek Moyalty_ 03 | Debits of Individual Accounts by Banks in Reporting Centers. Chicago, Milw: ei Iowa, Missouri, Michigan and Wisconsin. | atan 5 Parts Lusk Roy 2 | Sunmmary of Federal Reserve Districts odyear ‘Tire §s, mea ata FERS Brees eID NL EE: Ns 7ee | Leather ~ Mike Henry oe" | Week Ending jodyear Tire 88, eben Liisi okt Motors | Mountain 1,65 | Reserve District— No; Centers Feb. 14, '23 Feb. 3 Feb, 15, 22 | Grand Trunk Ry. ow #0 free! ke and Ohio 18 (In Thousands of Dollars) and Trunk Ry st great industry to b 15: 408,124 | Great 03 | & boom is the f | x aca | Great Northern a house is bu | Philadelphia Mo. Kan and Texas new always purchased, even | | Cleveana — Missouri Pacific gen 4s Montana Power bs ew York Central det Northern Pacific pr, len 4s _ Oregon Short Line btd. 5s ctfs Oregon Short line ref., 4% — Pacific Gas and Electric, Penn R. R. gen Penn R. R. gen., Reatting gen s from some y four-fifths ured in the this ‘Indus. Rich) a Atlanta — | Chic St. Lou 5 finnen | a Kan: | NEW YORK CURR CLOSING Dalle | | Wyo-Kan Western Oil We tates mous Pla neral Asph: this industry during 19: Mable to be even a fu Mountain Producers -$ 19.62 $1 San Fre se who contemy 4 Total. - _ 235 8 383,590 90: e during 1 : | Glenrock Oil _ 444 - 3.5 2 ani rea Great Northern, 8. Sale PA P 24:50 Debits for the week in Casper totalled $3,274,000 as against $: Wéat'] make thelr purchases vatsanee, eee ecner | Salt Creek Pras = wena for the preceeding week and $1,919.000 for the same period a year ago. In| ©: 8S. Rubber is not 0 hat can quickly Cones: Sa ape = 4 » tenth federal reserve district reporting to Kansas City, Casper ranked |U. S. Rubber It also’ is very dependent | otP Te onal tarventer sod pte taal some fth. b position lower than on the previous) week juran Rowers: 1 transportation, which {s liable | International Aah | Mut 1 The follo total debits of all cities reporting in this district:| Western Union 614 well with congestion throughout the year Marne pf¢ Cities Service Com 191.00 | District No, 10—Kansas City mal Pa Olige ss ringfield Tire - month of| of r s were about! ther Fensland —.--------_ New York Oil - Mammoth Oil ee LIBERTY BONDS. ber that there are fewer miles Iroad in our country today than | were ten years ago. rminals current month of 9 tous 88" "3 QTEADY ADVANGE IM STOCKS IS loadings w' ies, which, like fu a Nashville - 1 p eon=a--$101.18 | Cheyenne 21 ' cent re, are so very dependent upon i oleum - a---- 2 First 4s Ly peptodtpang 2s sibly final Iroads, sh count upen this} Miami Copper anand Was 97 6, va avia0® crease of 5 cars This is also true| Middle States Oil —-. oe SAA 98.00 ce pede ee to this increase on , . Which is thriv | Midvale Steel | Second 446 —---- 97.88] Grand Laland. na increase in coal d : s section and which is con-| Missouri I pen atin ooes 93.44 1 Junction; Coro. NEW YORK, March 3.—In spite of laggardness being due to the failure bu words, if the car loadings of the cur-| tir a greater factor in| New Fourth 4%s —-- 98.08 Okla profit taking at times, prices} of the senate to take favorable action Ee rent month are 2,500,000 only about N. ¥ Victory 4%s 100.08 inson, K 3,500 | continued to soar to new high levels|on the ship subsidy bill, cle 800,000 of these will be coal cars com said nothing about the| Norfolk and Western — | Independence. § |during the week. Industria’s aver-| Public interest in the stock market be Loy beth bia 740,000 he {| agricultural outlook for tion dpa eee ets ki Mo. ~~~. 2.397 aged higher than at any time since|{s still considered a relatively negli- loaded during the same period in “{| Oklahoma Prod. and Ref. ----- 2% | next se I shall treat it in |the spring of 1920 with copper and|sible factor, the large bulk of the 18 19! shows that the g: at in by when discus: 61,428) domestic of! shares taking the lead, | trading being in the hands of pro- s purely | Pacific Oil 16% ly. crease is in building materials, live|\icuitural states tone Amoric E Crude Market Publication of another series of un-|fssional traders and pools. fur stock, merchand:se, etc., there being | found it improving and very muck ; z pimped eu ay {i a no appreciable change in grain car) petter ahd Paden cata sii usually favorable January earnings| The advance in the local federal 4 loadings. It is true that these figures| Dotter than a y aba pweer Creek reports failed to elicit much response |Teserve ratio to the highest figure thy apply to the entire country; but pro-| frmers: however, | afte pape e Creek — Okmuls from the railroad stocks which moved | of the year. combined with a req “ an portioually'they alsd apply to this seo |22t> o* See etch A CITI SS is Muday Omaha, egularly within comparatively nar-| tion of $64,000,000 in rediscount# in be: Hon of wifich Chicago is the center. | *et, B@rden products. Beans, peas, | Reading | - Parsons, row limits. Car loadings again| the last two weeks, was construed as ts os = se centers | cabbage, lettuce, tomatoes, potatoes, | Rep. Iron | Pittsburg reached record figures for this sea-| confirming unofficial statements that The middle anc S are} fruits, are becoming the most | Royal Du Pueblo, 2 son of the year, as has been the case,| the real reason for the raising of the ab recording incte: from 10 to 35} prof products. Dairying and] Sears ¥ it. Joseph, Mo. with one exception, in the weekly |rediscount rate was to lessen the statistics of the last four months. drain.on New York by borrowers Resumption of dividends by the|from the interlor, where a higher Anaconda Copper company, doubling | fate had prevailed. A heavy lquida of the Utah Copper dividend andj tion of stocks took place earlier in sales of copper metal at 17 cents a/the week on the theory that the pound, nearly three cents above the] higher rate was meant as a warning price at the beginning of the year|to the speculative fraternity in Wall and the highest since 1920, furnished | street. Un per cent ov an Bend, Indiana, leads last year, but Des Moines, Ic cau: ty of | Southern Railway Peor! Illinois, and ular the increasing profits, 1| Standard O% of N ice Michigan are closely catching up.| feel optimistic as to the farming pos | Studebaker Corp: y Indianapolis and Terre Haute are not) sibilities within reasonable truck: Tennessee Copper eybi doing os well as they « 1 do,| distance of good sized cities. When| Texas Co. _------ Sunburs ter owing to some unknown reason. The) the farmers of this section get a|Texas and Pacific H South | poultry raising alone is br'n ‘opeka, Kan ulsa, Okla. £522__ 10} Wichita, Kan. npared with out $400,000,000 year 4 i the div o ths 43 11.62 11.60 11.60 rir rgest cities of this s such 88| broader vision and realize that each nacco Proecucts 7 5; : | the ground work fer a brisk rise in ip meget 7 Chi St. Louis, nd Mil-| prospers, only 1 e prospers, } ‘Transco’ ntal Oil - | G Ghlcags, BG) Teular n Prospers, only as! the other prospers, | Transcontinental Oi | ° | 2 ney 10.80 | the copper issues, nearly all of which| Colonies of Chinese on the western ht waukee—are reporting then they all’) can prosper. The| Union Pacif’ | westac. July A 11.00 10.95 »stablished y high a: L fo same as last year. Some thi is/ great enemy of the average farmer] United’ Retail Stores | SNR pet ik tM lB etd ey ‘n-| coast of Mexico have built up a.flqur- do is due to the natural lag of s not the natural elements without] U, §, Ind. Alcohol U z creases in the price of zinc and lead} ishing business of catching large sta cities; but others believe that the/himself—but rather those human ele-| United States Rubber — ‘ CHICAGO, March 3.—Whent No. 2lalso helped those issues. turtles and drying the meat for ship- or medium sized cities due for @/ments within himself. Creative nature tes Steel Chicago Prices. es pore Hk petiorac kina dd: Hs Calltornis, penis ses the out-|'ment'to China, ov much larger proportional growth. I|has been good to the farmer, but] Utah Copper --- CHICAGO, March 3.—(United States 7 rice. air eats EPL ap St oH y pacepein 7 tea sure] tn iene Ol grad ait am inclined to this belfef. If so, the|human nature has been the farmer's y nt of Agriculture. —Hogs—|LOWer Prices Recorded as| oats No. 2 white 45%@46%: No. 3) jumping to 991%, a new high record, pe opportunities during the next) greatest obstacle. When the farmers] wilys Overland —--- 2,000; mostly 16c higher: Rains Fall in Drought- | white 44%@44%. Rye No. 2, 81 |“s compared with last week's close SWAN ze ars will be in the eliminate jealousy—they will start on| American Zinc, Lead and Sm. ble 160 to 210-pound aver- Stricken Regions. barley 66@71; timothy seed 5.90@/of 92 and 86%, the low price this s which have bett the highway of rosperity—but not| Butte and Superior - top $8.47; bulk 240 to 6.50; cover’ seed 13.60@20.50; pork) year. Fluctuations in this issue in- UNDERREAMERS on labor, lower rents. and pi until. The best antidote for Jealousy | caja Petroleum )0-pound butchers $8.15@8.25; few) CHICAGO, March 3.—In the early] P°minal; lard 11.55; ribs 10.25@11.25./ dicated the presence of a strong pool, bo living conditions. The heav is co-operation; yes, a greater spirit] siontana Power — king sows $7@7.80; common to} dealings of the wheat market today Petybighers qrpvds pil) encithe ieenen pe in railroad freight rates and the de-| of co-operation 1s: what all Americans| sh rtteck Arisona 8 $6@7; estimated ‘hold-| wheat prices dropped on the report of tionally favorable earnings reports of § * velopment of good roads should also| need today.” Gisnuneeatbaens Ore u help the medium sized city. | 0 ino oy Northwestern K, io “The automotive industry which Ss General business as reflected in the index of the Babsonchart {is 1 per cent above normal. largely lo tinues t this ind con ; heavyweight hogs $8.05@| heavy rains in the winter wheat belt Sere corapeniee as renchet cuted tt medium $8.15@8.40; light 3; Which have been dry for some time. a Ught light $7.75@8.40; packing| The market was also depressed by Potatoes Afotok 5 appemeorsees, | tupapendenk | sows 10¢ @7.50; kin, i -hicl 5 i steel, equipment, and tobacco and ex- ws, smooth @ ; pac | opinions which offi Is of a big grain hi 1 took f t |sows, rough $6. ; killing pigs press shares also took a, prominen | company here continued to express pile : Saeaty part in the upward swing. Shippings re) polies of wheat were greatly in| CHICAGO, March —3—Potatoes| ere the only prominent shares that | Mai M@Uheg ele g s @McMMClca $0@8 tt t sur pS Gees nb chen statin cane |wccck gor Beet steers and yearlings | (ae sue he brobabie Cemand e- stightly stronger; receipts 89 cars; to:| fatied to make much headway, thor | /.? oi. eos now engaged { Standard Oil Stocks yearlngs showing most decline; i'l! yclume. An,advance in Liverpool quo |°0nsin sacked round white $1@1.10 LOSE NO CUTTERS ply. ‘the jing quality beef steers mostly medium] tations was virt {gnored. The|ewt.; bulk mostly $1.10@1.15 cwt.; |to good; extreme top matured steers| opening here, wh replacements in market saturated some of the be forced out ch ranged from \c| Idaho sacked Russets .$1.60@1.80 cwt.; ‘EW YORK i $10.50; best, yearlings in load lots} to 1c lower, with May $1.17% to|Idaho sacked Rurals $1.10 cwt.; Min- $10.1 few — $10.25@10.50; better} $1.18% and July $1.14%4 to $1.15, was|nesota sacked round whites $1 cwt.; grades beef cows and medium to g004| followed by a material further set-| Minnesota sacked Red River Oh'os |beef heifers mostly 40@75¢ lowers] back. $1.15 ewt. |spots off more on medium beef heif. Notwithstand'ng word that abo INCOME TAX COMPILED method of trading is best for you. WHICH companies w re 1 che ty ‘ - Stock Privileges [Learn how $45 pt ers; canners, cutters and bologna bulls! 1,000,000 bushels of Canadian wheat Notary Public Service Partial Payments |to $137.50 con- : 3e to 25¢ low calves unevenly |had been take rope the mar Marginal Trading | trols 100 share: i 1 2 e 2 Tore : «$1.50 to $2 lowe r grades around] Kot ai t little power || Open 8 A. M. to 10 P. M. Outright Purchase| of any Transit — Upw ard ‘Trend Continues IN ‘steady; week's bulk prices follow: beef | to aa was unsettled. Cotton vi scat aia a N. ¥. Transit - Short Session Trading on {steers ss@o stockers and feeders} 11 net low with Ma | Taylor & Clay Offices WHY Free Book 101 : o« Hesea North, Pipe --- N. Y. Exchange. |$6-25@7.75; fat she stock $4.50@7;| $1.1 to $1.17 and July $1.13% to i Oil Exchange Bldg. E Tells You fs pean aan Ohio ‘ol pan nd aateae $8.15@4.15; veal| $1 13%. ; sed with wheat, | NEW YORK, March $.—Cotton | e G PAUL KAYE, 149 B'way, N. Y¥. th shout airie Oil : | calves ¢ 50. Corn and oats receded with when * 90, | hrougts 7 NEW YORK, March 3.—The up: } Sheep—Receipt ‘000; maket for r opening %c to %c off, May S005 atency: Emons ae ia : resay’ re ward movement continued to the end|week: fat wooled lambs mostly © to 75c, the corn market under boom— of today’s brief session in spite of|steady; some weakness at close;| went an additional sag. ‘ sean tre. citing heavy profit taking particularly in|week top $15.50; bulk offerings} No important reaction took place. ‘ Pape raat tDitt American Can and the o Weighty; sheep steady to strong; best|The close was unsettled at %c to 1c eet With practically all the issues mak | handyweigt wooled yearlings $13. net decline, with May 744 to T4%c. ing gains of from one to three p ts, | choi light ewes $8.75; shear Oats started a shade to @ %c lov held the lead in the upswin; re jBuy bulks follow: fat wooled | er., May 45c to 45c and later showed ding to the favorable January |lambs $14.50@15.25; clipped lambs $12] further loss. e 1 Canadian | @12.50; yearlings $12.50@13.25; weth-| Provisions were easter with grain gat Se RSS" 4 the move-|€rs $8.50@9; ewes $6.50@8.50; feeding pite firmn of hog values, : ment National Lead and|#nd shearing lambs $14,60@15.35, pecs } | Adams Express were conspicuously —— Wheat— Open High ia | strong with pool operations being Omaha Quotations. -1.175 1.18% Silver continued {n a number of specialtic OMAHA, Neb., March 3.—<U. 1.14% 1.15 | Sales pproximated 70! hares. Department of 4 teul - 3 3 ?. s43 *. on > yp Beleg exbrasiniated (790.00) shave | Boceske 1a ooo eee a _ Do you know that one of the greaest chain store propositions in the I fear that some of the sections will! oN YORK, March 2—Foreign| NEW YORK, March 3.—In spite of | Sc higher king sows at 4 75 Uae BIAEs Speonated dn Wy omtuiey Yes, Eunerer was the spot zs erin’ 7 ms \ellvaes¢83k0) diacinan alloce |the usual week-end profit tak $7.00; bulk of sales § 7 7 761% and J. C, Penny was the originator. It was just a few years ago, and ea a ciate Gibran die prices continued upward at the open us eee ¢ A 7 76% today they have over 400 stores. Had you invested in any of the big |ing of the market today. Independ arrestecelpts (60; compared. wale ¥ na chain store companies when they were first organized, you would have le eqiipment, food, ‘oils ck ago: beet steers steady t ° AS A5% 4415 y | ReRitdae iemsees wmace: kc tate at she stock steady to strong: 4% 4d 48% been independent by now. ing the early trading. Union Pacific higher; veals $1.50 to $2,00 ‘i A ; led the advanc rails with a gain| oaoskere and foders steady, to Here is your supreme opportunity to duplicate the experience of Ser aO ee Pad aloes Snaceaaup . SEBP ere 800. ee ae those who did invest in these gigantic enterprises. The United One Cent and Sesahem.») Bi’ Up) ;beaded :t “ 5 ¥ to One Dollar Affiliated Stores Company has opened the do f ae stesi group. | United Drug darapped ; eipts 500; compared y , 1s pany has open e door of oppor- : ha Utah sialded ak ene hw ago: lambs 10@25e higher; UNDERREAMERS tunity to the moderate investor. This is a Wyoming corporation with a CHICAGO, March 3 x Tbs tadeon du etbaneecous.eaccor weak Lab ed Puce eng baa? sensible capitalization and being absolutely free from promotion stock. rabaseaanesbicerm credits of the power of arket to absorh| Increasing | interest in the rail | $05 i. epics. The preferred and common sell together and at the same price the first a ne appearklto he Was tc thal coral aoe was the feature of the early . i § vas i uneasiness regarding | scumente meskly cop eebore sheets) Sallneke: qeslimers Raval Ohia, an ¢ higher; top $14.75 share was issued at. eat crop higher prices wheat | 11 effects from drought in the weet|Yanced 1% points and Canadian Pa a=ey Py Compayed with a week ago, wheat| where from cold, |New Orleans, Texas and Mexico, St.|||_DENV ER, Cols, March 3.—Cattle— . stores in Colorado and Wyoming and will soon have them in Nebraska ia itiornis rowed % to 1% sain| Assertions that farm renerves of| Paull PE kerre Northern r mein’ and gly : eri ee eaigs, stenyy AT YOUR SUPPLY STORE and Montana. The original home store is at Cheyenne. They hold 5 £ apes ae ennibh cago and Northwester hac steers, 25; cows an¢ . « * r a a totat about 8 eaapeal ta, + Bxprassteieinee votemuma lene as calves, $4.00@11,00; GBrivcerort leases and are going to open stores at Laramie, Rawlins and Rock Pagan irther | elt advance of yesterday, Adams |stockers and feeders, $3.50@8.00, THE PIPE FOLLOWS Springs at the earliest possible moment, and as soon as a suitable lease err bs ve noes point. and. Wells Fargo ue 8 Re tote, 380 head; market Ae can be acquired in Casper a store will be opened here. The ultimate I be ng to Uft prices of corn! common sold at tom f Seaeee| yea TERE CO ee aim of the company is a nation-wide chain of variety stores, Through a an vedine eotimate, if corfect,| record for the year. Atlantic Gult| Sheep—Recelpta 8,500 head; market its affiliations today this company has a buying power of 854 stores. ; me seblon naan then 409 at paanaa 1%, but California | steady to strong; Jambs, $12.75@14.00:|). Surveying aud Locations The most important elements in any investment are first, safety; sec- : : roleum dropped | 2 {points and | feeder lambs, $12.75@14.25; ewes. 4.50] f Geologists Oil Experts ond, large return. This company possesses both. The undersigned will h C th American | Oil Field Maps, Blue Prints be permanently located at Casper. For further details see John C. be ae WYOMING MAP AND Roberts, Hotel Henning. t 5 { inn., March 3,—Cloa BLUE PRINT CO. 3 : on track and: to arrive P. O. Box 325 2 used ght wha x particulas ¢ tana ad 2.9144 aeked;; May,.9-75 Room 10, Daly Bldg. 2 - \ {ask 2.6814 bid. Ui . i!