Casper Daily Tribune Newspaper, March 15, 1923, Page 8

f § PAGE EIGHT ITOCK ADVANCE (WHEAT PRICES HALTED TODAY American Beet Sugar ~ American Can... Feavy Selling of Standard of|Early Setback as Result of| (merican Car & Foundry ex div 182% y | T ; . morican Hide & Leather pf. California Marks Turning Moisture Overcome in American International Corp, — Point in Afternoon. Late Trading. American Locomotive --.-- if TES. American Smetting & Refg. — American Sugar NEW YORK 18. — Prices] CHICAGO, March 15.—Reports that} American Sumatra Tobaceo 281% B A rd course in to-| some dry sections of the winter wheat| American T. and T. 125% n reflection of| belt have benefitted by rain and snow] \merican Tobacco 157 lower money|and that a blizzard was raging American Woolen 105% complexion of] sections of western Kansas where it| \naconda Copper 52. news. The ad-|has been dry at many points since] tohieon 104 er by the us;| last July tended to give wheat values} 441, and West Indies — 31% prof king and some] ” downward swing here today durins| Swawin Loc:fuotive 140% n recent speculative fa-| the early dealings. Trading however.| /.ittimore and Olio ~ 53% approximated 1,000,000 | was not large, and prices held within] pethichem Steel B _ 68% narrow mits. Houses with eastern| Qanadian Pacific . 147 mie connections bought May at the start.| Geotail Leather - 38% NEW YORK, March 15.—Con-| while those with southwestern con:|Ghanaier Motors — 4% tinuation of record car loadings and the optimistic tone of the weekly steel @nd iron trade reviews brought from % to %c lower, with May $1.19] ")\cas0 2 gather large volume of buying orden] to $1.19% and July $1.14% to $1.14% | cee ener fhto today's stock market, giving| was followed by a further drop all] © Linden = Colorado Fuel and Iron @pening prices a firm tone. The| around. Golsrage vigeu 5 initial demand was confined largely| Subsequently, a reaction set in as} COM SrOwucts ~~~ ¢> the sugars, motors, steels, minor} buying of May by a house with east ea 7 = oils and a select assortment of spe-|ern connections, increased and a re- |‘ x ee Bivtics, wariand Of and American | covery, of part fthelearly loss was femouny eis yers een 5c Radiator each established new high| acquired. The closo was weak, %c| General Asphalt - 3 vecords for the year. to %c net lower, with May $1.19 to] ieneral Ele - ‘Trading brcadened in the later deal-| $1.19% and July $1.14% to $1.14 Wea popes — ings with a better inquiry noted for Corn was in sympathy with whea eae pees ps ay the merchandising and food issues land a few dividend paying rails, such as New York Central and Union Pa eific, which improved fractionally.|to ease off on all deliveries. International Harvester Sinclair up 1%, led the advance in| Offerings of corn were sma‘! and| Int. Mer Marine pfd. -- the ofl group and was followed into] this brougint about a recovery of the| International Paper - higher ground by California Petro-| early Ices, he finish being unchanged| Invincible O' --—-- Jeum and Cosden, each up a polnt orlto %c up, with May 75%c to 75%c.| Kelly Springfield Tire - more. Studebaker, Chandler and! Oats started unchanged to ‘4c nnecott Copper 6 Stromberg Carburetor improved frac- tionally. Gains of a point or more were recorded by United Retail Stores, Associated Dry Goods, Brook- lyn Edison and Jones Brothers Tea. There were a few heavy spots, the Open. High. Low. Close.| Missouri Pacific - 18% Tost conspicuous of which were|/ WwHEAT— New York Central 985, Manatia and Cuba Cane Sugar pre-|May _ - .1.19 1.19% 1.18% 1.19 ¥.. Ne H. 19% ferred and Tidewater Oll, off 1 tol4%s/july _ . ~ 1.14 1.15% 1.14% 1.14%] Norfolle and Western points. The feature of tho forelgn| sept. _ . . 1.12% 1.13% 1.12% 1.12%] Northern Pacific ~~ exchange market was a brisk rally In| con: Oklahoma Prod. and Ref. French francs which advanced near-| May .73% 73% | Pacific Ofl ------ ly 10 points to 6.18 cents. Demand sterling was unchanged at 4.69%. Encouraged by the relaxing tend- efcy of money rates, call loans re newing at 5 per cent as against yes- terday's rate of 5%, specu'ators for the advance continued to bid up stocks throughout tha morning, spec: fa izing in the motors, foods, domestic @is, tobaccos and public utilities. Pro fit taking was effective in a few ts gues, notably United Railways and Investment preferred which dropped B points, and General Electric, Iron Products, Simmons corporation, Louisville and Nashville and Norfolk and Western, off 1 to 1%. Nash Mo tors. up 5% and Porto Rican Tobacco | No. 44@45c. 62@68c. up 3, enjoyed the largest gains with Sinclatr Oil, Jones Brothers Tea, Dav- ison Chemical, Cotumbia Gas and Jewel Tea preferred, selling 1% to 4 points higher. Bullish operations abated some- ‘what in the afternoon, heavy selling of Standard Oll of California, which depressed it two points causing a sus- pension of the marking up process in erican most other shares. Royal Dutch,] NEW YORK, March 15.—Foreign nd Superior Mack Truck and American Sugar]oxchanges irregular; quotations in| “ala Petroleum were a'so weak, losing 1 to 1% points.|cents: Great Britain deman 4.69%;| Montana P.wwer Individual points of strength, how-|cables 4.69%; 60-day biJls on banks} Sittuck Arizona -- ever, continued to crop out, United|4.67%. France demand 6.23%; cables| (ireat Northern Gre States Alcohol becoming active with | 6.2 Italy demana 4.81%; cab'es! Chicago Sorthwesteca a rise of 2% and Stewart Turner,|4.81%. Belgium demand 5.34%; cables| Maxwell Motors B United States Realty, Brooklyn Edi-|5.35. Germany demand .0048%; cables Consolidated fon and Punta Alegre Sugar improv-|.0048%. Holland demand 39.48; cables) Amerikan ! ing 2 to 3% points. ‘The closing was irregular. Price movements in the late dealings were without a definite trend, weakness of some cf the leaders, notably Bald win, Louisville and Nashville, Amer- fean Can and the sugars being off. eet by a further marking up of the low priced oils, motor accessories and , Open Clos & few specialities. | Anglo. - 11% Se eS Cotton | Buckeye 8018 Continental — 45 | Cumberland — 114 NEW YORK, March 15.—Cotton spot| Galena -. oney ‘ Br ay Pot! Tiinois Pipe 163 quiet; middling 31.05 yatane Bite. 102 National nts ie yaa <, March 15.—Call |N. ¥, Transit. | Rr Se car fe 4%; ruling BURLINGTON SUED FOR Rea geaod ay} ite 5; closing bid 4%; offered at 4%; Poaceae dea ee te is canes against aa 4] | Prairie Pipe 114% | ances 4 ans firm; mixed | Solar Retg 210 GBlstera! | 6c days, SHO: :4-6 ’ | Southern Pipe 113 months 5%@5%; prime commercial 8. 0, Kan os ero 3. O. Ky. «. zi STRUCK BY PASSENGER 8. O. Neb. 270 |S. 0. N. ¥. 46% | | 8 0, Ohio bs} . Vaacuum - 2 Metals D. W. Middleton, who was driving) Yaacuum Sree ee NEW YORK, March 15.—Copper steady; electrolytic spot and futures 1. Tin strong, spot and nearly 51.50; futures 61.25. Iron steady; un- changed. Lead steady; spot $8.25@ 8,50, Zino firm; East St. Louis epot and nearby delivery $.85@7.95. An timony spot $8.75@8.87 Potatoes CHICAGO, March 15.— Potatoes @lightly stronger; receipts, 63 cars; total United States shipments, 934; Wisconsin sacked bulk round whites, $1.00@1.10 cwt.; poorer, 950 cwt.; Minnesota sacked Red River Ohios, $1.25@1.30 cwt.; Idaho sacked Rus gets, $1.30@1.50 cwt.; branded, mostly $1.60 cwt en ee Sugar | EW YORK Sugar tu- eed easy; oximate sales ns. In refined prices were unchanged to 10 points lower with fine Granulated now quoted from $8.90 to| $9.20 with only @ moderate inquiry re. Karted. - Me hard $1.20%. Corn, Clover seed $13.50@20.50. nal. land demand 2.96; Argentine demand 37.07; -:- Bonds -:- New York Stocks (Associated Press Leased Wire) Allled Chemical & Dye — Allis Chalmers CLOSE FIRM nections were on July The opening the selling side of Chesapeake a which ranged pode, and Jeago, Ml. ax Aft ds to 73%, r starting at the same s finish to %c off, with M the corn market continued as yester (llinois Central .- Inspiration Copper ex div. Louisville anc Nashville Mexican Petroleum -. Miami Copper - Middle States O} Midvale Steel - higher, with May 44% to 44%c held near the initial figures. Provisions were steady in with hog values. line Pan American Pe’ 4 | Pennsylvania People’s Gas Pure Oil 5% 16% 44% 44% Ade 44% 42% 42% olidatel Copper 5 12 20 12.40 11.10 | southern Pacific - 93% .27 11.37 | Southern Railway 34 Standard Ot! of N. J. - 42% Studebaker Corporation Tennessee Copper Texas Co. --- Texas and Pacific Tobacco Products Transcontinental Ol) CHICAGO, Ma: @74c: No. 2 yellow 74@74%c. 2 white 45% @46%; No. 3 white Rye, No. 2, 82%c. Barley Timothy seed $5.50@6.25.| union Pacific ----- Pork nomi-| United Retail Stores Ribs $10.50@11.50./ ty, §. Ind. Alcohol United States Rubber United States Steel Lard $12.25. Utah Copper --. 7 i Westinghouse Elec’ 64% Foreign Exchange eatinghouse Elee 8 ine, Lead and Sm. - sden -- 39.47; Norway demand 18.14; Sweden| ( demand 26.60. Denmark demand 19.30; Switzerland demand 18.61; Spain de-| mand 15.41; Greece demand 1.09; Po: demand .0022; Czecho-Slovakia Standard Oil Stocks _——$—_———— a NEW YORK CURB. Brazil demand 11.18: Montreal ————__ the automobile which was struck by @ passenger train on the Chicago, Burlington and Quincy crossing on North Center street last October 20,| is suing the raflroad for $3950 dam- WILDCAT WELL ages to his Marmon car an¢ $3,500! farmer deputy sheriff of Converso} county, who was sitting in the front seat of the machine, was so seriously injured thet he died a short time|_QRUAT PAULUS Mont. Merch ae after the accident, | Leader from Calgary, Canada today The sult relates that the car was|\siates that the offical report. by 8. struck by the train while {t was mov-| f.. Slipper, dominion petroleum en-| ing at the excessive speed of twenty| gineer states that the Tllinols-Al-| miles per hour and that there was no, berta well in the Okotoks district, 35| warning bell or whistle, ‘The sult| miles south of Alberta, at 3068 feet also states that no flagmian was on| has ccme in for wet gas whic the crossing at the time and that the San “a erie sy Hice Dien ie dence "| ing when it stri ; railroad was operating tne Tain ©" | about one hundred barrels of pure las kdowe 72 gasoline of! per day, being about one gallon of gasoline per one thousan: LONDON—Russia’s leaders, Len- | cubic feet. The showing is the tne and Trotzky, are doomed to die, | jargest ever made in Canada, the according to Charles R. Crane, for- | Dingnan well near Calgary 10 years mer American minister to China. | ago giving 26 barrels per day atmo ‘The premier {s in a dying condition | spheric pressure and only being put! and Trotzky is afflicted with an 1n- an the machinery Cistillation one year Department |pers upward to $12. Stocks -: Oil Securities (By Wilson. Cranmer & Company) LOCAL OLL STOCKS Bessemer THURSDAY, MARCH 15, 1923. MARKET GOSSIP AND FIELD HEWS MMOWEST DRILLS IN TWO WELLS Big Indian Boston Wyoming .—- Buck Creek Burke --... = -32 + Rasneisoe Benes. = Two completions are reported by the Midwest Refining Chapelle ‘so | Company for the week just ended. Well No. 24 on the south- Columbine — 17 | east quarter of section 35-40-79, Wyoming Associated lease * " : t Fy +, bd Saale Royalty a was completed ‘at 1,380 feet and is standing with the bottom Wome : 23 } of the hole cemented to keep out water. Well No. 12 on the ; southwest of section 25-40-79, Wyoming Oil Fields lease, is 91 rated asa 6l-barre! well at 1 feet. | sylvania, being quoted at $4.25 a bar- 5.50 The status of Midwest operations/rel and Guilt Coast being quoted at Gates “1 | outside of Salt Creek fo'lows: $1.50 a barrel. The imports of petro- Jupiter ‘on ‘ Wild Cat Wells. leum (crude and refined oils) for the Kinney 23 Midway test well No. 2, depth 4,415] week ended March 10 totaled 2,304,345 Lance 03 ” |. fects drilting by lost bit, compared with 2,422,373 for the week Lusk ‘ 02 Crowe well No, 2, Notches, depth|ended March 32. Mountain & Gult 170 |? se feet; swabbing oll, preparing} Receipts of California ofl (crude and Mike Henry ~ vd 02 meterees refined) at the principal Atlantic coast Saal palieis «= 20 wh jeber.dome test well, depth 1,880|ports for February totaled 1,096,000 Picardy cz "og | feeti underreaming. barrels, compared with 807,000 for Royalty’ aabroductacs Tat | eter se ee January. Receipts for the week ended Aa tbetih <2 “03 Vel » SE% section 25-18-104,|March 10 tota'ed 431,000 barrels, com- ‘Tom Bell Royalty ‘02 lepth 1,290 feet; underreaming and| pared w 329,000 for the week ended 3 ning ow March Western Exploration Well 1-3 NE section “80 36-18-104, Wyo-Kan. fenth: 1.890 tests ‘ol 1 Western Ol) Fields - .70 Me Maite pays ct pate cious = oe Western States £23 25 ? is WOH y= creat a Late Leasing Bill Vetoed. NEW YORK CURB CLOSING OLYMPIA, Wash., March 15.—On Mountain ProCucers -$ 19.12 $ 19.25| the ground that the sum appropri Hlenrock Olt - 1.42 1,50] ated was too small to accomplish any Salt Creek Pras 23.75 24.00 eat results and that the measure Salt’ Creek Cons. 5 would have operated in such a man Marine new - = 5.00 ner that the s' e's name could have Mutual . — 14.63 14.75] been attached improperly to issues of BY OR Indl — 68.25 68.50] oll stock backed by small resources, Cities Ser. ai 188.00 190,00 | Governor Hart has vetoed the oi) land sland - 18.00 19.00] easing measure passed by the last Mammoth Oil _ 48.75 49.00] legislature. The bill would have New (York Of = 15.00 16.00] made $15,000 available for’ off | and z “ as exploration work by the state in LIBERTY BONDS cooperation with private interests. 3%s -$101.10 ‘irst 4s we lanp Ousted From Exchange. pcond 48 - 97.90 W YORK, March 15.—The New st 44a - 98.00] york stock exchange today announced Second 4%s - - 97.98] the expulsion of Frank D. Lackey, Third 4Ks - - 98-50] head of the firm of F. D, Lackey and Fourh 4%s - = ,98.04) company of Wilmington, Del. He Victory 4%s ~ 100.05} was admitted to the exchange on re. June 15, 1916. ' Exports High. Crude Market WASHINGTON, March 15.—Tota! exports from the United States dur ng’February amounted to $310,000, Rock Ci 1.75] 000 compared with $250,619,000 in Salt Creek -. 1.65) Febr 19 Lance Creek 2.10 res Creek 2.15 Holiday Closing Voted. Osage ... 10{ NEW YORK, March 15.—The New Big Muddy 1.65] york cotton exchange voted today to Mule Creek 1.50] close on Good Friday and the follow: Hamilton -. $1.65 | ing Saturday. Grass Creek 2.10 —_—_ Torchlight 2.10 Sugar ContractsRepudiated. Elk Basin 2401 NEW YORK, March 15.—Repudi- Greybull - 2.19] ation of sugar contracts in 1920 is Sunburst 1.80150} jiamed by President Earl ‘Babst for failure of the American Stigar Re fining company to earn dividends on its common stock in 1922, In the com Livestock pany’s annual report: made public here, - An operating profit of $10,083 8: about quarter of a cent a pound shown for the year. the entire earn- ings over and above fixed charges. preferred dividends and depreciation being devoted to meeting the com pany’s losses, during 1920, Thusiness of the company in 1922 amounted to $192,000,000,. Meltings of 1,650,000 tons cf raw sugar during ar were the iargest In the com- any's history. The company paid the government $48,000,000 on tts im Chicago Prices. CHICAGO, March 15.—(Uited States Agricul.ure.)—Hogs: fairly active; strung to $8.45@8 pund butchers $8.20@ Ss around ~ tly $7.25@8.00; he medium $8.15@8.61 ws. light ight $8@8. ports of raw sugar. sows, smooth $7.25@7.75; Ports of i ie pe $.15@7.40; killing} An operating deficit of $2,177,276 @8.25 : 4 was shown in'the report for 1921. 25@8.25. | Cattle—Receipts 12,000; moderate’y active; beef steers weak to 15c lower;| * Crude Production Climbs. mostly 10c to 16¢ off; Killing quality less desirable than Wednesday; ear! top matured steers $9.85; best long yearlings $9.75; several loads matured ‘for the weel steers around $9.50; bulk beef steers) $8,25@9.35; several loads $8 and be sree v i teers and) cor ioecarieiee: vane pes generally American Petro!eum Institute. steady; bulls strong to 10c higher; vea!| y to 2 ; |Rocky mountains was 1,166,800 bar calves steady to 260 higher; witc te [rela, an increase of 1.400 barrels, Cal and feeders scarce, steady; bulk de- ao of : sirable bologna bulls round $5; few de-/ fornia product wai nites barrels, sirable heavies upward to $5.25; bulk/4n increase of 6, rr 4 ers $9.50@10.50;" ship-| Meged sadn So: bulk stockers Average gross production of 49! barrels for the preceding week, ac: and feeders $6.50@% ; $3.50@3.65. f : Sheep—Recetpts 16,000; opening very slow; practically nothing done on|tion was ome wooled lambs; early sales clipped} *sainst re * lambs steady to strong; fresh shorn 70-|98ainst 67,750. pound lambs $12; others recent clipped) $11.35@11.75; fall shorn up to $12.50; three loads choice 106-pound ewes $8.70; looks strong to shade higher; de- sirable aged wethers $8.75. ‘Tonkawa re's against 56,400; Smackover, Ark. 75,250 barrels against 84,950. » crude ofl prices for major districts, ity of the oil, Bradford district, Penn. SWAN UNDERREAMERS s Omaha Quotations OMAHA, Neb., March 15.—(U. 8. Department of Agriculture.)—Hogs | receipts 14,500; slow, early sales 10@ 16c higher; bulk, packing grades 7.40 @7.50; butcher hogs 8.15@8.20; top| 8.25. | Cattle receipts 5,800; beef steors| steady to strong. bulk 7.50@8.75; early top 9.00; sha stock strong to 25c | higher; bulls veals unevenly higher; | packer top 10.25; stockers and feeders dul!, 10@15¢ lower. Sheep receipts 7,000; lambs dull, weak, 14.25 bid; sheep strong; ewe top | 8.65; feeders steady. AT YOUR SUPPLY STORE BrRivcerortTr LOSE NO CUTTERS INCOME TAX Denver Prices DENVER, Colo., March 15.—Cattle receipts 400; market steady; beef steers 6,50@8.75. cows and hedffers| 3.50@6.75; calves 4.60@11.00; stockers and feeders 4.50@8.00. Hogs recetpts 1,900; market 10 to 16c higher; top 8.25; bulk 8.00@8.10.| Sheep receipts 1,400; market 10 to! le disease, he sald. ago. i tg Sisal linea The report Government Engincer| : 1 f Slipper states that the dry gas is SPRINGFIELD, Ill.—The Iltnois | > Ovably pushing the gasoline legis'ature ordered a complete inv through the sand from a petroleum tigation of ther toting at the Lester | yoo)" below. ‘The Iinols-Alberta w i ast A npany state that no stock {s for w were lost al > ES 8 See! OTTAWA—The house of commona Finx Seed. defeated a resolution calling for the | DULUTH, Minn., March demobilization of the Royal Canadian {ng flax seed: March 2.96; M Bx Police ask Aly 3.71% usked 15¢ higher; lam! 12.50@13.75; feeder lambs 12.50@18. ewes 6.00@8.00. COMPILED Notary Public Service Open 8 A. M. to 10 P. M. Taylor & Clay Offices Oil Exchange Bldg. Silver / NEW YORK, March 15,—¥Foreign bar silver 67%, Mexican dollars 51% NEW YORK, March 15.—The daily average crude ofl production of the United States increased 6,400 barrels $s k ending March 10, totaling 1,801,800 as compared with 1,795,400 the weekly summary of the The veai| daily average production east of the Oklahoma-Kansas showed a on H 1 barrels, an increase of 4,250, Arkansas ass canners| snowed a-decrease of 9,100 barrels, In |Oklahoma production of the Osage na- 103,950 barrels 76,900 The Mexia pool, cen- tral Texas, was reported at 67,400 bar- ‘There were no changes reported In Mid-continent being quoted at $1.50 to $2.60 a barrel, according to the grav- The charges on which Mr. Lackey was expelled, were based on allega Hons that his firm manipulated re Ports on orders entrusted to them for execution and that profits over and above the proper commiss'ons were created. These excess profits were retained by the firm in violation of the rules of the exchange. pao Se PHONOGRAPH SALE BEING STAGED BY WELLS MUSIC COMPANY FOR TWO WEEKS the Charles BE, Wells Music compan for about two weeks. Most of the ma only for demonstration purposes. states that at any time within six months of the time of purchase, a machine may be trade¢ in for _its full value on another machine equal Ur, greater price. A money-back guarantee goes with each instru Washington to Protest Power Permit, Report WASHINGTON, March 14.—Repre sentatives of the state of Washington will appear tomorrow before federal power commission in a hear- ng to protest the granting of a per- mit to the Rocky Mountain Power company of Butte, Mont., for erection of a water power project at the outlet of Flathead lake, Montana. The company wants to erect a dam for the production of approximately Washington is asking that provision be included for storage of the water for the proposed Big Bend irrigation project near Spokane. -SWAN UNDERREAMERS AT YOUR SUPPLY STORE Briverrortr THE PIPE FOLLOWS Star Drilling Machines Oil City Boilers Brownell Boilers Genuine Wrought Iron Pipe and Casing Bessemer Gas Engines Steel Storage Tanks French Republic, 8s French Republic, Tis Kingdom of Belgium, 74s Kingdom of Belgium, 6 Kingdom of Norway, 8s U. K. of G. B. & 1, 4%s, 1929 U. K. of G. B, & I., 5%, 1937 American Sugar 6s American Tel_and Tel, American Tel and Tel col Armour and Co,, 448 Baltimore and Ohio cv. Bethlehem Steel retf., Canadian Pacific deb. Chi Chi, Mii. and St. Paul c Good year Tire 85, 1931 Good year Tire 8s, 1941 Grand Trunk Ry. of Can., 7s Grand Trunk Ry. of Can., 68 — Great Nothren 7s A - Great Northern 5 1-38 Mo. Kan. and Texas new adj., Missourl Pacific gen., 4s - Montana Power, 6s A - ew York Central deb., 6s — The management of the company|swing at prices considerably above the present level. 270,000 horsepower, but the state of! higher; creamery extras, 49%c; stand- Attention Mr. Oil Man We Have Selling Arrangements for the Following Lines Graver Tank and Refinery Equipment Chicago Bridge & Iron Company’s Have several strings of Standard Drilling Tools with Ri ; \° plete Star Rigs and Nationals. Ol landed Wolke bee eee eee J. C. ROBERTS & CO. 35 Years in the Oil Regions orthern Pac.fic pr. len 4s -. Oregon Short Line gtd., 68 Ctfs Oregon Short Line ref., 4s Pacific Gas and Electric 5s Penn. R. R. Gen., 64s - Penn R. R. Gen., 5s - Standard Oil of Cal, det Union Pacific First 4: 108 U. 8. Rubber 7%s — 100 U. 8. Rubber 5s 88% % Utah Power and Light 5s - 107 Western Union 6%8 % 107 Northern Pacific pr. 101% 101 WOOL SITUATION IS ENCOURAGING, SAID The encouraging reports which have been telegraphed to the Casper ational bank by ‘ts Boston correspondent regarding the wool market in _A sale of used Victrola and Bruns-| January and February, and which have been publ'shed in this column from wick phonographs {s being staged by | time to time, are supplemented by a mail report which shows the trade to be in a very healthy condition. The raw materal situation continues to dictate the course of values for chines have been only sYghtly used,| wool and wool manufactures in no unmistakable manner, and were it not many of them having been played| for the spirit of caution engendered by the experiences of 1920, it Is quite prebab’e that contracting of the new domestic clip wiuld not be in full Nevertheless, some purchases on the sheep's back have been made lately, manly in the central territory states, on a basis which appears to approximate parity with the eastern markets. Wool growers are perhaps more reluctant than of | usual to contract their unshorn wools, especially in the face of esolutions against the practice which were adopted at the recent convention of the™ National Woo! Growers’ association. T henew domestic clip is expected to be generally well grown and sound, although probably of heaver shrinkage than usual, owing to the open winter. The most recent government estimate on sheep on American farms shows a gain of 2% per cent as of January 1, with a total ‘of 37,209,000 head as against 36,327,000 head a year ago. This increase is due to the natural reaction to higher prices for mutton, wool and sheepskins. The average value placed on the sheep is $7.50 per head, as compared with $4.80 on January 1, 1921. = ( The season for good woo!s in the foreign primary markets “ls rap!diy4 coming to a close, with prices at the top for the season, although advances) during the past month have met increasing resistance. While America has been buying fairly steadily abroad, England has been the heaviest operator. Arrivals of foreign wool in Boston are heavy, amounting to some 65 million pounds since January 1, and the port facilities are heavily taxed. Mills, however, are drawing steadily onthe supplies of wool in bond to supplement the| their rapidly disappearing domestic stocks. INCOME TAX RETURNS COMPILED C. H. Reimerth Butter and Eggs CHICAGO, March 15.— Butter, Certified Public Accountant ards, 49c; extra firsts, 4814@49c; fae mae seconds, 45% @46%c. 400 O-S Bldg.—Ph. 767 's, 4 » 22,62: (gees unchanged: receipts OPEN EVENINGS H. B. LAKE & CO. BROKERS STOCKS—BONDS—GRAIN—COTTON Leasing Private Wires from Logan & Bryan We Have Orders on All Active Local Securities We havo orders on Sunburst Ol & Gas, _Stev. Homestake, “36” Petroleum, Sunburst Cons, Royalties and aly estine jet Sad shares. Wire or write us on any issue you have to, 234-286 Ford Building Phone 5945 Great Falls, Mont. Macwhite Wire Drilling Lines Trojan Manilla Cables Gardner Duplex Pumps and Com- pressors Pennsylvania Centrifugal Pumps American-Marsh Pumps Milwaukee Tank and Filling Station Equipment Oil Country ‘ St. Louis Visible Filling Station Units Oil lands and leases bought and sold. HENNING HOTEL 15 Years in Wyoming