Casper Daily Tribune Newspaper, October 7, 1923, Page 8

PAGE EIGHT. Che Casper Sunday Crone BUSINESS TRAVELING SIDEWISE; TS CLAIM ac Roger W. Babson Provides Interesting Review For First Nine Months of Year; Readjustment to Continue, He Asserts WELLESLEY Oct. 6.—"Business will have a side- wise tendency for the rémainder of the year,” says Roger W. Babson In a statement issued today the statistician discusses developments during the last nine months which furnish an {lIluminating and helpful picture of business for the executive and investor who must judge de- velopments for the last quarter of the year. “Going back to August, 1922,” says Mr. Babson, ‘we find readjust- ment of post-war inflation half com- pleted with general actiyity increas- ing and confidence running high. As a result conditions improved and business picked up. In fact, the ré- covery was so rapid that it carried us above normal if the last week in December starting 1923 on a very active and prosperous basis. Being a premature development, however, such prosperity could not last and after the first six months of the current year we dropped back to a continuance of readjustment. This has given us two sudden changes with decidedly mixed conditions which have confused and upset the calculations of a great many busi- ness men. “This boom during the first six months of 1923 witnessed a remark- able increase on the production of basic and industrial commoditt The volume increased 38 per cen from June, 1922, to June, 1923. The output of plg iron climbed from 2,361,000 tons to 3,229,000 tons from June, 1922, to January, 1923, and to 3,668,000 tons in June, 1928. Cop- per production increased from 95,- 222,000 pounds in June, 1922, to 112,- 159,000 pounds in January, 1923, and to 124,869,000 pounds in June, 1923. Petroleum showed an increase from 45,559,000 barrels in June, 1922, to 61,467,000 in January, 1923, and to 61,364,000 barrels ‘in June, 1923 Boots and shoes increased from 24,- 831,000 pairs to 30,774,000 pairs and 30,926,000 pairs for these same re spective months. Since July, how- ever, this activity has receded. The United States Steel Corporation is operating about 80 per cent of capa- city, today. Its unfilled orders are now only 5,910,000 tons as compared with 6,386,000 in June and 7,403,000 in March of this year. “The cotton mills which were run- ning large productions early in the yoer have shit down but will prob: ably resume activities on another price scale this fall. Automobile production has been the greatest in history, but has exceeded demand at present price levels. A score of pricetcuts since July 15 have re- gulted. Tires are in. approximately the same condition, price cutting in- dications are now in evidence, Build- ing materials rose to a peak in the late spring and declined somewhat since. Lumber is now selling at 13 per cent below April quotations, “Wholesale commodity prices as @ group reached their peak in March of this year when the Bab; son Commodity Index stood at 186. Its September reading {s 166, a de- line of twenty points or 11 per cent. Copper is selling at about pre-war average. " Paper has de clined slightly. Steel is selling at about 11 per, cent below its recent Righ. Seasonal strengthening in most commodities may occur this fa}l but the-long «swing indication points to a new lower price level. “The agricultural situation,” con- tinued Mr. Babson, “is not as bad as it has been painted during the last few months, The price now quoted for December delivery of cotton is 28% cents a pound, This multiplied by the indicative produc- tion of 10,788,000 bales gives an ap- proximate return to the cotton planter of $1,687,290,000. Last year's production was only 9,762,069 at a price of 28 cents a pound yielding a total value of $1,269,069,000. In other words, the purchasing power HILLS, Mass.,/of the cotton “tarmer this year is 18 {ns well off as it was last year as far | whole agricultural | This situation is gradually righting [industrial prices rather than the tn- ‘crease of Income to the farmer. This per cent greater than it was in 1922, The corn belt ts practically | as purchasing power is concerned. | Corn prices for December delivery | are quoted at 72 cents a bushel while production is indicated at 3, 076,000,000 bushels which gtves a re- turn to the corn farmer of $2,214,- 20,000 compared with last year’s) enue of $2,110.220,000. In other words, the returns to the corn farmer in total are actually higher than they were last year. “Tt is the wheat farmer whose in- come has been greatly reduced and it is his story that has colored the outlook in the mind of the general public. The combined production’ of winter wheat and spring wheat will be about 789,000,000 bushels. It should produce $828,450,000, figured on the basis of $1.05 a bushel quoted for December deliveries. Figures for last year were 862,091,000 bushels at $1.28 a bushel with a total return to the wheat farmer of $1,060,372,000. This means that the wheat grower | realizes an average of 22, per cent less than he did a year ago. “The farmers’ difficulty these Inst two years has been due to the abnormal spread between agricul- tural prices and industrial prices. itself, So far, the adjustment has been affected by the lowering of the balancing tendency may be inter- rupted from time to time by diver- gent movement of elther group but| will continue over the next few| years until a more equitable adjust: | ment has been,reached between the| prices of the things the farmer has| to buy and the things the farmer | has to sell. While we are not out of the woods as yet, by any means, the worst 1s over. We may be thankful for that. “The slackening of general indus- trial activities has been due tn a measure to increased foreign com-| petition. This of course has been| felt in the manufacturing flelds and has not as yet reached the retail | trade whic) {ts running about 15 per cent above a year ago. The fact that goods are moving to the con- sumers in tremendous volume {s tn- dicated by the figures for freight | car loadings, which haye continued to make new records during the past three months. In fact, during the week of September 1 there were more cars londed with merchandise and sent over the rails than any previous weok in history. Retail trade is still good but will no doubt reflect to some extent the slacken- ing which occurred recently in the| business of manufacturing. “An influx of foreign made mer- chandise, a steady stream of which 4s now going over our tariff wall, will tend to keep general busines: here from any activity which could be characterized as a boom, because of ‘the foreign exchange situation and general chaotio financial condl- tions abroad, it {s impossible for the American manufacturer to compete with low cost foreign made goods on an even footing. During next 18 months, however, this situa- tion should adjust itself to a con- siderable extent. “General business activity, at the |; first of the year,” concluded Mr. the | Bonds New York Stocks American American American American American American American Woolen Anaconda Copper - Atchison ~--___-.... —— At, Gulf and West Indies. -_ Baldwin Locomotive Baltimore and Ohio ----—- International Corp Locomotive Smelting and 59 Rethiehem Steel 48%B California Petrole 19% Canadian Pacific - - 145% Central Leather - 16B Cerro de Pasco Copper 38\%B Chandler Motors --. - 47 Chesapeake and Ohio - 69 Chicago and Northwestern -- 63% Chicago, Mil and St, Paul pfa_ 27% Chicag, "R. L and Pac. - 29% Chile Copper - 26% Chino Copper — 17% Consolidated Ga: = 62 Cérn Producta ~ 124% Costen Of --. Say Crucible Steel —. - 60% Cuba Cane Sugar pfd. . AT B Erie -,--<—~==<=. - 14% Famous Players Lasky - 1% |General Asphalt - 30 General Electric - 171% General Motors - 14% ireat 2 - 55% Gult .§ - 79 Titin = 105 Inspiration Copper -. - 26% International Harvester x Int. Mer. Marine pfd International Paper Invineible Oil —- Kelly Springfield Tire -. Kennecott Copper Limo Locomotive ~ ouisville and Nasi Mack Truck - Marland Oil Maxwell Motors Middle States Ol — Missouri Kan and Tex new - Missouri Pacific pfd ew York Central - . ¥.. N. H., and,Hartford — Norfolk and Western - Northern Pacific - Pacific Ott Pan American Petroleum B Pennsylvania People’s Gay Producers and Refiners -. Pure Oil Reading Republic Iron and Sears Roebuck Sinclair Con OM — Southern Pacific Southern Railway | Bikharn Stocks Oil Securities @®y Wilson, Cranmer & Company) Consolidated Royalty - Cow Gulch Domino E. T. Wi Fargo Frantz Gates Jupiter .. Kinney Coast ~ Lance Creek Royalty - Marine ~~. z Mike Henry ----.. Mountain & Guilt New York Oll Picardy Red Bank - Royalty and Producers Sunset -_.-..... Tom Bell Royalty Western States —_____ 16 on _.. 07 209 ¥. — - NEW YORK CURB CLOSING Mountain Producers — 14.60 14.75 Glenrock O13 -70 Salt Creek Pris. 19.00 Salt Creek Cons 7.50 Mutual 9.37 S. O. Indiana 56.37 Citles Service Com. -.. 129.50 182.00 Livestock Chicago Prices CHICAGO, Oct. 6—-(U. 8S, Depart- ment of Agriculture)—Hogs. Re- ceipts 7,000; uneven, mostly steady to 10c lower; bulk good and choice 200 to 300 pound averages 810@840; top 840; desirables 160 to 180 pound averages mostly 7.60@8.00; packing sows largely 7,00@7.25; killing pigs unchanged; bulk desirable strong weight 6.75@7.25; estimated hold- over 4,000; heavy weight hogs 7.75 @8.40; medium 7.90@8.40; light 7.35 @. 8.25; packing sows smooth 7.15@ 7.40; packing sows rough 6.75@7.15; slaughter pigs 6.00@7.50. Cattle. Recelpts 2,000; run today mostly western grassers. Compored wit hweek ago; Fed steers, yearlings excepting strictly cholce kind 75 to 1.00 higher; top matured 12.75; best yearlings 12.00, western grassers steady to strong; better grades fat she stock 50 to 76c higher; others 25 Standard Oll of N. J. -——-- Studebaker Corporation -. 97% Texas Co. -~ = 41% Texas and Pacific - 21% Tobacco Products A - 87% Transcontinental Oil 2% Union Pacific 130 United Retall 8 76% U. 8. Ind. Alcohol aS 52% United States Rubber -.___ 38 United States Steel —---__. 88% Utah Capper sar Westinghouse Electric —-. 58 Willys Overland -----.._._ 6% American Zina, Lead & Sm. 74B Butte and Superior -.--__._ 134% Colarod Fuel and Iron 26B Montana Power National Lead . Continental Cumberland = -——-- Calena Tuinois Illinois —. Indiana Babson, “was running at 10 per cent above normal. A alight slackening in February gave way to another rise to approximately the same point in March. By mid-summer we had crossed the normal line and gradually worked down to a point 5 per cent below normal by August 1. Our present position is 10 per cent below normal.” Present indications are that gen- readjustment will continue for the remainder of the year. Casper Companies Named In New Incorporations CHEYENNE, Wyo., Oct, , 6—Ar- ticles of incorporation have been tiled {n the office of the Wyoming| @ecretary of state by the following First Securities Corporation | company, f| Richardson, A. J, Wilcox and Horace 25,000 1s located and employed in Wyoming. Wyoming Denver, Lumber & Implement $50,000, C. W. Bayard, Cheyenne; capital $100,000! pneips, directors Jesse C. McNish, W. H. Os- | Torgenson and H. H. Western States Tafloring company; Renvers, A. | Denver; 50,000 shares at no par Ostenbers. value; F. A. Diller, F. F. Preb'e, A Split Rock Of! company; Rawlins; Johnson, R, W. Kramer and J. I $250,000; Sam Ohenstein, of Cheyenne | Pender. and J. O. B. Keiner, Charles M pee epee Brown, LY. B. Armstrong and Scott Thompson, all of Rawlins. Theopholis & company, Inc., Cas Potatoes per; $50,000; Tom Theopholis, John Velous and Alma Batson, all of Cas ar CHICAGO, Oct. 6.—Potatoes— Casper Abstract company; Casper;| yirm; receipts, 80 cars; on track $26,000; Gar! ©. Giger, Bernad G. | ¢ ees Th entgmnente, : Westoversand John 2. Golden. Wikdiaieh suuked) pad. ‘bairelled Electric Supply & Construction | round whites, No. 1, $1.15@1.30; few | company; Casper; $10,000; A. W.!$1.85; poorly graded, $1.05 @1.10; Thiele, Palmer Johnson and D, W.! Minnesota and North Dakota sacked Ogiibee. and bulk Red River Ohios No. 1,| Big Horn Lumber company; Sheri-| Partly — graded, $1,00@1.15; rea dan; $60,000; H. C., G. H, and ©. T,| fancy, $1.20. Benham. —_ Carbon County Title company Rawlins; $10,000; C. H. Fiterick, Ma lina M. Karst and Martha J, Fitz. Sugar rick. Three outside corporations have | | flied certified copies of their articles. | YORK, Oct £ They are Fairbanks. Chicago; Morse & company, of ita), $1,000,000, of which| ber 492; March 39 approxima De sten ‘al sidewise movement with orderly | | 5.90. Prairie Ol - 'Prairie Pipe - {Solar Ref. |Sou, Pipe O. Kan oO, Ky - O. Neb. - G05 Noy. |S. 0. Ohio - [Union Tank - Vacuum - Is. P. on Crude Market | Cat Creek |Lance Creek Osage Grass Creek |Torchlight }Wlk Basin | Greybull |Rock Creek |Salt Creek ~ Big Muddy Hamilton ~ Mule Creek | Sunburst Foreign Exchange | | NEW YORK, Oct. 6.—Foreign xohanges easy. Quotations in cents: Great Britain, demand. 4.54%; cables, 4.5544; 60-day bills on banks, 4.52. France, demand, 6.89%; cables, Italy, demand, 4.49; cable 449%. Belgium, demand, 4.9914: cables, 6.00. Germany, demand, 00000016; cables, .00000015. Holland, demand, 39.27; cables, 39.82, Nor- way, demand, 15.73. Sweden, de- mand, 26.43. Denmark, demand, 17.78. Switzerland, 17.85. Spain, demand, 13.48. Greece, demand, Poland, demand, .0001%. Czecho Slovakia, demand, 2.96%. Jugo Slavia, demand, 1.16. Austria, demand, .0014, Rumania, demand, 46%, Argentine, demand, 33.1 Brazil, demand, 9.87. Montreal 97%. sb tak ? alti to 40c higher; canners and cutters 10 to 15c higher; bulls steady; veal- ers 50c lower; stockers and feeders 25c higher; bulk prices follow: Fed beef steers and yearlings 915@ 11.15; western grassers 6.25@7.25; butcher cows and heifers 4.15@8.25; canners and cutters 2.75@3.50; veal- ers 11.60@12,00; stockers and feeders 5.85@7.00. Sheep. Receipts 2,000; today’s best fat range lambs to shippers 13.75; 260 higher; others and sheep steady. For week, direct about 8,600; western run largest in recent years in Chicago; 394 doubles; com- pared with week ago. Better grade fat lambs 250 higher; culls 500 high- er; in-between grades 250 lower; feed- ing lambs 25c to 40c lower; sheep unchanged. Top western fat lambs 13.60; top natives 13.25; culls mostly 9,50; bulk fat ewes 5.00@6.00; heavy natives around 4.00; feeding lambs supply well cleaned up; bulk for week 12.50@13.00, Omaha Quotations, OMAHA, Neb., Oct. 6.—(U. §. De- partment of Agriculture.)—Hogs— Receipts, 5,600; market active; steady to 10c higher; bulk of desirable 200 to 325 pound butchers, $7.50@7.80; top, $7.85; mixed loads carrying packing sows and lights, $7.20@7.50; packing sows, mostly $7.00@7.15; average cost yesterday, $7.25; weight, 268. Cattle—Receipts, 400; compared with week ago: Fed scéers fully 25¢ higher; grass steers, around steady; she stock, mostly 250 higher; bulls and veals, steady; stockers and feed- ers, 25@60c lower; closing bulk fol- low: Fed steers, $8.60@10.50; week's top yearlings, $12.00; grass steers, $0.00@7.25; few fleshy range steers up to $8.30; grass Cows, $3.76@4.75; heifers, $4.25@5.60; canners and cut- ters, $2.50@3.50; bologna bulls, $3.50 @4.00; light veals, $8.50@9.50; heavies, $5.00@6.50; stockers, $5.00 @6.2 foeders, $6.00@7.00; fleshy range feeders up to $8.00; stock cows and heifers, $3.25@4.50. Sheep—Receipts, 500; compared with week ago: Lambs, 15 to 25c higher; sheep, steady; feeders, weak lower; gloding bulk: Western lambs, $12.25 @12.85; top, $12.90; na- tives, $12002.25; fed clipped, $12.00; yearlt $9.50@10.00; weth- $7.00@7.50;, Nght ewe $5.00@ top, $6.00; feeding lambs, $5.00@5.50; 7.50. @12.75; feeding ewes, breeding ewes, $6.00@ Denver Prices. DENVER, Colo, Oct, 6.—(U. 8. Department pf Agricuiture.}—Hogs —Reoeipts 100; steady; two small lots 7.25 to 8.25; few packing sows 6.50. Cattle—Recetpts 950; calves 50; four loads stock heifers 4.50; steady; few early shies; for week. Beet steers steady to lower; better grades fat she stock steady to strong; others weak. Stockers and feeder steady, mostly 15 to 250 lower: other classes around steady. Sheep—Receipts 27,000; early sales; most of run on through billing. ‘or week: Fat lambs strong to 250 higher; feeder lambs slow; no Flax DULUTH, Minn fiax October $2 $2.80%; December Oct: ae 6—Clone | November May $2.414% around steady; aged she stock strong; top fat lambs 12.35; top feeder lambs 12.25; best fat ewes 5 few wethe: 7.00; yearling wethers 8.50; mixed breeding ewes 7.00, . oa Grain : Livestock NEWS AND QUOTATIONS BY LEASED STOCK MOVEMENTS UNCERTAIN IN WEEK Trregularity Marks Trading on New York Exchange As Result of Indecision in the Financial and Commodity Markets NEW YORK, Oct. 6.—Irregularity and uncertain that has dominated the stock market during the last wee was again displayed during today’s short session of the ex- change with industrial issues much stronger. an unknown quantity, price nancial and commodity markets ‘were indecisive. Rail buying today was largely in- fluenced by reports of increases in dividends or resumption of pay- ments, improved earnings and pros- pects of a continuance of heavy traffic, Chesapeake & Ohio jumped to above 69 on news that the divi- dend rate would be boosted to 6 per cent. Actual declines were limited to a comparatively few groups but trading was quiet and only about 300,000 shares changed hands. The short interest at the close of the week is ssid to be the highest point this year. weaker and railroad shares With the immediate outlook for business movements in the week’s fi- Rumors of a further contraction in production and consumption of steel contributed to the heaviness of those shares. Rubbers lost ground; of! tssues offered good resistance to selling pressure on reports of a further shrinkage in crude production, Rails |were helped by the August earning jstatements, Combined «reports of 198 class one carriers showed net income of $98,381,200, or a return of 4.94 per cent on tentative valuation, as against $51,475,400, or 2.64 pe cent in August of last year, and $84,591,400, or 4.93 percent, in July. Money rates softened somewhat. Second Well in Simpson Ridge Field Producing ‘The 50-barrel production from the Producers & Refiners corporation well No. 2 on Simpson Ridge is being used as fuel for the other two tests the company $s drilling on the same structure. No. 2 ;well came in about 10 days ago from a depth of 680 fect. Its location ts on cc. 20-21-80. No, 1 on sec. 16-31-80 ts reaming 20-in Hole at 605 feet and No. 1 on sec 20-21-80 is drilling in grey shale at 2175 ft. No completions were yeported by the company in the week. Status of operations: Salt Oreck No. 1, sec. 15-40-79; in second Wall Creek sand and fishing for tools at 2609 ft. No. 4, sec. 15-40-78; Grilling in blue shale at 2090 ft. No. 7, sec. 15-40-79; standing ce- mented at 2220 tt. No, 2, sec. 18-40-79; drilling in blue sbale at 2540 ft. ney Dome No. 2, seo. 4-26-88; fishing for tools at 2775 ft. with total depth 2883 ft. No, 1, seo, 29-26-88; fishing for tools at 1730 ft. No. 1, sec. 83-26-88; cleaning out at 2088 ft, with total depth 2360 ft. No. 3, sec, 35-26-88; shut down at 1580 ft. Ferris Field No. 22, sec. 25-26-97; fishing for tools at 1845 ft. No. 1, seo. 25-26-81; shut down waiting for nipple at 1855 ft. No. 23, sec. 27-26-87; rigging up to spud in. Sand Draw No. 2, sec, 9-32-95; cementing 12%4- in. casing 1621 ft. No. 3, sec. 15-32-95; fishing fér tools at 2388 ft. Enos Creek—No. 1, s¢0. 26-40-100° underreaming 6%-in. casing at 3274 ft. with total depth 3345 ft. ‘Thornton Dome—In the gray sand and shut down for boiler repairs at 2250 ft. Garland Structure—No, 1, sec. 30- 56-97; in blue shale and underream- ing for 12%-in, casing at 1390 ft. with total depth 1470 ft. Wertz Camp—No. 3, seo. 1-26-89; changing lines at 2722 ft. Bell Springs—No. 1, sec. 1-28-89; shut down at 1910 ft. on account of boiler repairs, Sherard Dome—No. 1, sec. 14-25-8! swedging 10-in, casing at 2805 ft. American Railway Express Takes Out State Charter oe American Railway Express com- pany, after a prolonged controversy, has filed in the office of the Wyo- ming Secretary of State certified articles of its incorporation under the laws of Delaware, with a capl- tal stock of $40,000,000. Fees col- lected for the filing in Wyoming totaled $11,349.43. Previously the corporation had refused to comply with the Wyoming iaw because, ik contended, the filing fees demanded were excessive, While tho controversy between the corporation and the State of Wyoming, relattve to the former's complying with the Wyoming law, was in progress, and while the cor- poration, because of its faflure to comply with the law was regarded as without legal standing in Wyo- ming, Sol Chan and two other res!- dents of Thermopolis organized the American Rallway Express com- pany and obtained a Wyoming char- ter, this blocking the original American Railway Express company from filing in this state under tts original name, inasmuch as the Wyoming law does not permit the issuance of charters to two cor- Porations with the same name. Later, however, the Wyoming cor- poration was dissolved and the way opened for the original American Railway Express company to file under its original name. Government Aid Reports Bullish in Wheat Market CHICAGO, Oct. 6.—Wheat prices, despite many setbacks, closet higher for the week, expectance of government measures for agricul- tural relfef and the unusual strength of corn being the main factors in offsetting heavy profit-taking. De- comber whet closed at $1.09% to $1.09% and May at $1.13% to $1.13% while corn closed strong with Octo- ber at 99c and December at 76% to 76%c. Extensive buying of wheat by one of the largest houses par- tictpated imparted a lively demand at the close of the short session, ‘A prominent factor in the week's improvement was a report that frost in Ohio, Indiana, Illinois and Iowa had injured the crop materially, di- rect damage being estimated at 70,- 000,000 bushels in addition to a loss in quality. Offsetting the bullish sentiment in the wheat trading, arising principal- ly from plans for government ald for the farmer, was absence of defi- nite moves toward raising the wheat tariff, All deliveries of corn and oats touched & new high price record for the season. Number 2 yellow corn went well above $1 the first time since 1920. Provisions were firmer with grain and because of a big decrease shown in the stock uf lard here, Today's range of grain and pro- vision pricés follow: Wheat— Open High Low Close Deo, --- 1.07% 1.10% 1.07% 1,008% May ---- 111% 1.13% 1.10% 1.13% July —— 1.07% 2.09% 1.07% 1.09% Corn— Dec. --- .74% 76% May 73% 76% July TAM 75% Oats (Dec. 43% 43% May .. 45% Tay 5 Lard— Oct: 1887 19.37 1 Tari: 2211.10 11.90 11 Ribs— Oct, -. 9.80 Jan. i -_. Cash Grains and Provisions, CHICAGO, Oct. 6.—Wheat—No, 1 hard, $1.1444%@1.15; No. @ hard, $14iN@ida, Corn—No. 8 mixed, $1.02% @1.04; ier tad fitseLoin: Mo. # white, 439% @44%c; No, 8 white, 490440 bh isi Hye—No. 1, Tao. Barley—429 150, ‘Timothy seed—§7.26@ 8,00, Clover seed—$i0.00@23.00. Pork—Nominal, Lard—$12 Albs=$9.76 10.28, Butter and Eggs CHICAGO, Oct. 6—Butter weak; receipts 103 tubs, Creamery extras 4; extra firsts .43@ -44; firsts .41@.42; seconds .40@.41%4, Egge unchanged; receipts 11,019 cases. Surveying and Locations Geologists, Oil Experts, Oil Field Maps, Blue Prints WYOMING MAP AND BLUE PRINT CO, P. 0. Box 825 Room 10, Dal £ Liberty Fourth 4%s Cnited States Government 4s FOREIGN Czechoslovak Rep., 83, ctf —.——. Dominion of Canada &s, 1952 -------—. french Republia, 75% Japanese 4s Kingdom of Belgium, 8s Kingdom of Norway, 6s ~-——-———-______-______ Republic of Chile, 8s, 1946 State of Queensland 6s U. K. of G. B, and I. RAILWAY AND 5s American Smelting, American Sugar 6s American Tel and Tel. American Tel col tr. Anaconéa Copper 7s, 1938 —---————. Anaconda Copper 6s, 1953 -. At. T, and San Fe., gen., 4s ~---—-. Baltimore and Ohio cv., 4% -. Bethlehem Steel con., 6s, Series A i, Chicago, Burlington and Qunicy ref., 5: Chicago, Mil. and St. Paul, cv., 448 -—--_-__-______ Chile Copper, 6: Goodyear Tire 8: Great Northern, 7s, A Montana Power 5s A. Northern Pacifio ref., 63 B Pacific Gas and Blectric 5s ~--. Penn. R. R., gen 5s -. Sinclatr Con. Oil col., Southern Pacifio cv., 43 -————-~—_________. Union Pacitio First 49 C. 8. Rubber, 5s Western Union 6%s ... Westinghouse Electric Ts ---—___. Highway Help Is Found In the Radio A farmer tn Northern Illinois, ac- cording to Hoard’s Dairyman, is lo- cated on a dirt road which {s tm- passable during the winter if a frost comes when the road is in a rough condition. Last fall when the road was at its worst he got a radio warning of an immediate and heavy frost. Calling in his neighbors by telephone, they all got out and rolled the road. When the freeze came, it proved to be permanent, and the radio owner and his neigh- bors had a boulevard to town all ‘winter, <<. Silver NEW YORK, Oct. 6—Bar silver 63%; Mexican dollars 48%. ee Expert watch and jowetry ing. Casper Jewelry Co., O. 108% 108% 107% 107% Cotton NEW YORK, Oct, 6—Spot cotton quiet; middling 28.55. erm t ch i, Burley Domes Shut Down Work on Burley dome about 32 miles southeast of Riverton has been abandoned for the winter by McLen- nan who hs* been drilling a test well on the structure. Consistory Dates ‘At Cheyenne Set CHEYENNE, Wyo. Oct. 6.— Wyoming Consistory No, 1, A. A. 8. R., has selected December 8, 4, 5 and 6 as the dates for its winter semi- annual re-unton, at which a large class of candidates for the Scottish Rite. degrees will be elevated. The re-union will be the last held in the old Consistory temple. Before tho June’ re-union the new Consistory repair | cathedral will have been completed S Bldg. at a cost of approximately $500,000. INTERNATIONAL PETROLEUM XPOSITION AND CONGRESS A “WORLD'S FAIR” of the OIL and GAS INDUSTRY-—--COME! Ey hase of the industry visualized and classified invexhibition, of tremendous size, diversity ‘and in- terest. Every new development in machinery or methods of producing, marketing, will be (They World's biggest compani ?7 @ liners from the ends of the goddess ‘‘Petrolia.” Al great and common cause, ACRES OF BUILDINGS and EXHIBITS ts closed for blocks—Buildin ‘areas» no undertaking so coll bs taide 5 arm -} ape ever attempted scope ve. GORGEOUS PAGEAN? “PETROLIA” Hippodrome of a World's remarkable in size, hold you for days. A Dont of 01 And World’s beat ofl ind: rehestras and WLSA, OK OCT. refining, t: 3 here. Actual practi ing and profitable sights to see. Grand Reunion and Home Comin, ¢ of Oil Men of t will be here by the ama tess miss the great historic uty and color; d devel r o! te: paralleled outside of New York and London 4 Fares all Roads——Write for Folder Arrange transportati now. write or Wwite for Faiiskn reservations Complete descriptive folder and ly days of interest- x 8 *5 et the Fs it tool dressers and pipe Pry earth—all true Sons of >> i Bist) Chara ‘debering in's 5 % covering vast Endless exhibits; variety. They will Hotel accommodations, Upon request. Address— LA- 8-14 %