Casper Daily Tribune Newspaper, November 17, 1923, Page 6

. SATURDAY, NOVEMBER 17, 1923 Texas Ichthyol Deposit to | Be Exploited by Capital According to news reports from | ‘Austin, Tex., capital to the amount of $500,000 has been raised in Den ver, Colo., for the development of @ deposit near Burnet, Tex., which is reported to be rich in ichthyol. ‘The Texas deposit is claimed to be the only one in the United States and covers 1,700 acres. The “ore” fs said to be grayish in color, con tains many marine fossils, and when broken open reveals a thick, black, ofly substance. Plans are under way, it is stated, for the installation of a modern commercial extraction plant near Burnet. As one of the largest plants in Europe produces only 3,- 000 kilos per year (Thorpe), it ap- pears likely that a plant with capa- city justifying the investment of $500,000 will flood the market, as the reported price of the product in| most parts of the United States ts $5 to $10 per pound. Market Gossip and Briefs On Operations in Oil Fields! Hearing of the $10,000,000 suit of the Untversal O11 company against the Standard O!1 company ts being dejnyed here each day as officials of both companies await the entire recovery of F. E. Belknap, chief of Untversal counsel, from injuries he Of Engines Used suffered tn an automobile accident OM engines reduce the cost of| on his way here from Los Angeles. pumping !n Egypt. Port of Alexan-| Holmes Hall, master of chancery @ria cuts operating costs in ha'f by] of Sedalia, Mo., appointed by the| substituting engines for the highly| Kansas City federal court to con- efficient steam sets that formerly] duct the hearing and who will be pumped the water present at the tests to be taken at eee the field here has arrived. The date OM Hearing Delayed. of the reopening of the case con SANTA MARIA, Calif., Nov. 17.—| tinues to be tndefinite. Mexican Ol Exports ON exports from Mexico in Oc. tober approximated 11,530,000 bar rels against 11,318,000 in September, daily average shipments declining from 377,000 barrels to 372,000. STOCKS BREAK TN EARLY SALES Many Leading Industrials Marked Down at Mar- ket Opening NEW YORK, Nov. 17.—Stock prices displayed a reactionary’ tone at the opening of today’s market in response to what was apparently extensive liquidation by investors alarmed over the recent political de- velopments in Europe. Baldwin, one of the strong spots yesterday, broke 1% while United States Steel, American Woolen and other indus- trial leaders yielded fractionally. Good support was forthcoming for Baldwin which rallied a point from its early low, but the rest of the list continued heavy. Stewart Warner and Davison Chemical each dropped more than two points and losses of 1 to 1% points were recorded by Mack Truck, U. S. Rubber first pre- ferred, Congoleum, Marine preferred, Cuba Cane Sugar preferred, Atchison and Topeka Pacific. Foreign ex- changes opened steady. ————_—. LOCAL OLL STOCKS Bid Asked -10 2 19 Kinney Coastal 16 (lance Creek Royalty .01% .02 Marnie - --. Allke Henry Mountain & Guilt New York Ot 8.00 9.00 Picardy - 04 05 Preston -— 00% 01% | Red Bank 2.00 3.00 Royalty and Produeers 0 Sunset — Tom Bell Royalty Western States - ¥Y ou ‘Western Exploration - Wyo. Kans WHEAT PRICES LOWER AGAIN Buying Confined to Shorts At Opening of Trad- ing Today CHICAGO, Nov. 17.—Wheat aver- aged a little lower today in the early dealings, with sellers in a majority and most of the buying confined to shorts. The fact, however, that at least for the time being a specific split between France and England has been averted was a steadying influence. On the other hand, there were indications of renewed spread- ing between Winnipeg and Chicago with the buying at Winnipeg. The opening, which varied from un- changed figures to %c lower, with December $1.01% to $1.01%, and May $1.07% to $1,07%, was followed by a sitght rally and then by a moderate general downturn. Fine weather and increasing re- ceipts of corn tended to ease corn and oats. After opening at %@%c lower to %c gain, December 73% to 73%c, the corn market held near to the initial range. Oats started at %c off to a shade up, May 43%c. Subsequent changes were slight. Provisions were upheld by firm- ness of hog values. Standard Oil Stocks BOSs, DE RES ODEM HOSSES MUST GE FoTy MILES AHEAD OF US © | | New York Stocks Allied Chemical & D; —-- 64% jAmerican Can ---.---. 98% American Car & Foundry —~ 179 American International Corp 23% American Locometive -—----- 74% American Smelting and Refg 67% American Sugar -.--— au American T. and T. -. American Tobacco -. American Woolen Anaconda Copper 3 Atchison —— 96% Atl, Gulf and West Indies — 144 Baldwin Locomotive -------- 127% Baltimore and Ohio -——--_ 67% Bethlehem Steet 49% California Petroleu —- 21% Canadian Pacific ——. —~ 145 Central Leather -------_ 12% Cerro de Pasco Copper ---. 40% Chandler Motors Ble Chesapeake and Ohio --.-. 71% Chicago and Northwestern -. 60% Chicago Mil and St. Paul pfd 25% Chicago, R. I. and Pac. Chile Copper - Chino Copper Consolicated Gas Corn Products |Cosdef Oll Crucible Steel -. Cuba Cane Sugar pfd -—-.. Erie = Famous Players Lasky -~~. General Asphalt -—-. General Electric ---___--. 181% General Motors -----_--____ 14% Great oNrthern pfd Gulf States Steel |Enois Central - \Inspiration Copper Anglo —_ ta MISE [International Harveater 15% Buckeye 71 79 \Int. Mer. Marine pfd 82% Continentad ~ 37 gg. {International Paper 33 Cumberland 119 [Invincible Of -__. 8% Calena 61 |Kelly Springfield Tire - 25% Milinots Kennecott Copper --. 34% Indiana -. Lima Locomotive -- ———- 65% Nat. Tran. Louisville and Nashville 88% Y. Tran Mack Truck -. Pipe Marland Ofl Ohio O11 |Maxwell Motors ——-___. 16% Prairie Oi ? |Middle States Of SRB, Fk Prairie Pipe ? Missouri, Kan and Texas new 11% Solar Ref. - Missouri Pacific pfa - 28 Sou. New York Central --_-___ 101% 8. O. Kan Y,, -N. H. and Hartford -_ 13% 8. 0. K forfolk and Western acuum - P, ON O. Ind. Crude Market NEW YORK CURB Cat Creek --.. Lance Creek age -.-.. -80 | +95 | falt Creek Cons wi 95, Mutual —_ Greybull 95 | 8 O Indiana Rock Creek -60 Cities Service Com. Salt Creek 60 waz Big Muddy 45 |United States Steel -—. Mule Creek > (49 Utah Copper TRAIN nburst _ .79| Westinghouse Electric U. iP Hamilton Dome 52% | Willys Overland --_- =, nt = |American Zinc, Lead and Sm. 8% SA VED {Butte and Superior -_. — 16% IS Colorado Fuel & Iron —. 23B Montana Power -.---_--__ 61% —. Potatoes tiona! Lead — DETER 5S LARAMIE, Wyo., Nov. 17—Unton hattuck Arizona, 6 Pacific train number 18 struck a ‘usb broken rail at Ramsey. A piece six) CHICAGO, Noy. 17.—Potatoes feet long was broken from t aieaity? xectipts [74 /cararhiciathech after the engine had passed over, the shipments ; Wisconsin sacked engineer stopping before the cars aia round whites U, S. number 1, Butter and Eggs struck the break, and section men 99@1.19 cwt; bulk 1.00@110 ewt.; worked under the cars to replace few fancy shade higher; poorly! CHICAGO, Nov. 17.—Butter high- the rail. No one was hurt, and praded bulk and sacked some fie!d| er; creamery extras 52c; standards the train was delayed nearly two) frosted .75@.85 cwt.; Minnesota and 49i%c; extra firsts 49@51c; firsts hours, North Dakota 1 number 1 and| 44@46c; seconds 42@42%c Sepa nr za Tae partly graded Red river Ohios .20@| Eggs unchanged; receipts 2.684 | .95 cwt.; bulk r d whites .85@| cases. 66 99 |i.00 cwt; sacked .80@.85. Gwt ——————___——. Michigan bulk round whites .86@| NEW YORK, Nov. —Bar ail ; 1.05 cwt. ver 63%c; Mexican dollars 48%o. ‘so [Texas and Pacific — Northern Pacific |Pacific O11 = Pan American Petroleum B Pennsylvania People’s Gas a Producers and Refiners — |Pure Oi —-- Rending ae Republic Iron and Steel Sears Roebuck Sinclair Con OM ~ Southern Paciftc Southern Railway Standard Oil of N. J. ---— Studebaker Corporation Texas Co. Tdbacco Products A Transcontinental Ott Union Pacific 2) United Retail Stores -—_-_. U. 8. Ind. Alcohol —-. United States Rubber Livestock Chicago Prices. © CHICAGO, Nov. 17.—{U. 8. De- partment of Agriculture.}—Cattle— Receipts, 1,000; compared week ago: Fed handy weight steers and year- lings and western grass steers, 25 to 35c higher; weighty steers, un- even, about steady; top handy weight steers, $12.65; average weight, 1,173 pounds; best long year- lings, $12.5 best heavy steers, $11.60; she stock, steady; bulls and vealers, 25c lower; stockers and feed- ers, steady; bulk prices follow: Fed steers and yearlings, $8.60@10.65; western grass steers, $5.50@7.00 butcher cows and heifers, $3.50@ 6.25; canners and cutters, $2.40@ 3.10; vealers, $8.50@9.25; stockers and feeders, $5.50@7.00. Sheep—Receipts, 3,000; today’s re- ceipts mostly direct; few cars na tives about steady; compared week ago: Fat lambs, yearlings and cu! natives, about eady; fat shee; around 25c higher; feeding lambs 25 to 40c lower; top fat lambs fo: week, $13.50; $18.10 at the close week's bulk prices follow: Fa lambs, $12.75@13.25; yearling wet! ers, $10,00@11.50; aged wether: $7.50@8.75; fat ewes, $5.00@6.50 feeding lambs, $11.75 @12.75. Hogs—Receipts, 8,000; —_ active strong to 10c higher; light light an pigs, 25c higher; bulk good an choice 200 to 325 pound butchers $6.60@6.90; top, $6. no strict! choice weighty butchers included bulk desirable 150 to 190 poun averages, $6.25@6.55; better grad weighty slaughter pigs, $5.25@5.7 estimated holdover, 4.000; heavy weight hogs, $6.65@6.90; medium $6.60@6.90; light, $6.20@6.85; lig! light, $5.25@6.5) packing sows smooth, $6.30@6. packing sows rough, $6.00@6.30; slaughter pigs $4.50@5.75. Omaha Quotations OMAHA, Neb., Nov. 17.—-Hogs— Receipts 5,000; active, steady to 10¢ higher; mostly steady to strong bulk good and choice 200 to 325 pound butchers 6.45@6.60; top 6.70 mixed loads carrying packing sow and lights 6.20@6.45; packing sow: largely 6.00@6.20; average cost yes terday 6.31; welght 259. Cattle—Receipts 450; compared with week ago: Beef steers, year lings, veals, stockers, and feeders generally steady; she stock steady to weak; bulls 10@150 lower; closing bulks: Fed steers and yearlings 7. @10.00; week's top yearlings 12.00 grassers 5.00@6.25; grass cows and heifers 8.40@65.00; canners and cut ters 2.25@3.25; bologna bulls 2.75@ 3.25; selected light veals 8.00@9.50 stockers and feeders 5.50@7.00; top 7.65. Sheep—Recetpts 2,000; compared with week ago: Wooled lamb: steady; fed clipped lambs 60@75c lower; sheép and yearlings’ strong feeders 16@25c higher; closing bulks: Wooled lambs — 12.00@12.50 fed clipped 11.00@11.25; yearlings, 9.00@10.40; wethers —_7.25@7.75; | handy weight ewes 5.50@6.00; week's top 6.25; feeding lambs 10 @12.50;| feeding ewes 4.25@4 Vassar Girls Are Defended By President CHICAGO, Nov. 17.—Vassar girls do not smoke and knees are only bare when they play hockey, according to Dr. Henry Noble Mc Cracken, president of the college, here attending the annual conven- | tion of Vassar alumnae.» * | “AN talk about Vassar girls de- fying the anti-cigarette rule is WES EVAN Gonna GIT Te WAH CHESTAH BY Sik Boss But this time Papyrus is not a race horse from England. full-blooded Boston bull terrier and he took first prize at a show for that type of pups at the Waldorf-Astoria Hotel, New York. Papyrus is shown here with Margaret Wadman. Papyrus Wins! SAY! Im RUNNING Tis CRS CONTINENT RACE ~ NOT You SHUT UP! Os te re tamenen ve He tsa Long Blouse Striking Autumn Style A AGN Lo —y ‘COPYRIGHT BY M°CALLS The newest and most interesting of fall styles is the long blouse, ‘Three interpretations are sketched here, ‘The longest blouse is really part of a dress, a costume worn over a ‘The others are worn the same way but are unattached— in any case the general effect is much the same. straight to the knee or below. costume slip. TPF) |Laberty 3%s -. Liberty First 4%9 --— | Liberty Second 4\s ----——-———--- Liberty Third 44s Liberty Fourth 4% U. 8. Government 44s —----——. | Czechoslovak Rep. 8s, ctfs —~------— |Danish Municipal 8s A -.------—-___-. Dominion of Canada, 59, 19 |French Republic 7% |Japanese 4s | Kingdom of Belgium | Kingdom of Norway 6s -. Rep. of Chile 88, 1946 .. State of Queensland 63 ~—~——--_ U. K. of G. B. and 1., 5% *37 -_.-----.. ——nnnn= 101% 101% 101% RAILWAY AND MISCELLANEOUS American Smelting 5s ----------------------------._ 91 90! 1 American Sugar 65 ------... eanennn a= 1014 101% American Te! and ‘Tel cy. Anaconda Copper At. T. and San Fe., gen 43 -__.. Baltimore and Oho cv., 4448 ——.. Bethlehem Steel con 6s, Series A —-——. Canadain Pacific deb., 4s ~----_-__. Chicago Burlington ard Quincy ref., 6s Chicago, Mil and St. Paul ev., 4%s ~. Chile Copper 6s ~ Goodyear Tire 8s, 1941 Great Nocthern 7s A Montana Power bs A Netthern Pacific ref., Northwestern Bell ‘Tel. Penn. R. R. gen. 6s - Sinclair Con Oil col Ts —. Union Pacific First 4s U. 8. Rubber 5s - Southern Pacific cv, 4s — Utah Power and Light 5a Western Onion 6%ys -----— Westinghouse Electric 7s —-----s__- Wilson anc Co., cv., 6s ----. — CHOLERA AGAIN CLUBS WN NEPLETING HOG CONVENTION OF U.S. MOTORISTS 17,000,000 Vehicles to Be in Use in World By First of Year. WASHINGTON, Nov. 17.—Three SUPPLY, REPORT Districts Free From Disease for Years Report Losses. ite WASHINGTON, Nov. 17.—Hog cholera {s becoming more prevalent this fall than in any year since the decline of the last extensive out- break, which reached ita height in 1914, the department of agriculture announced today. Reports show the disease has appeared recently in communities which have been free from it for 25 years. In many locali- tles it gained considerabl headway before hog raisers realized the na- ture of the trouble. Unless hog owners and veterinary Practitioners are on the alert and act promptly, the department ex- perts declare, the losses will be un- usually heavy this fall. Most of the losses thus far, they say, have been due to the neglect of farmers to call their veterinarians in time to ad- minister preventive treatment before the infection has had time to reach all of the swine in the herd, There is a large proportion of sus- ceptible animals in the country this year because the comparative free- nonsense,” Dr. McCracken said. “It's their own rule—they made it And they made it in such a w agto avold shocking the most easily shocked.” ee expense o: and veter: rices of 1 low price of hogs caused many farm- ers to fail to have their herds im- munized last’ spring, procuring serum, Dr. McCracken refused to be ex- cited about bare knees of hockey players. On the whole, hé thought college girls are getting better and better, the high dom of most states from cholera the| virus] hundred and seventy-four automo- bile clubs in the United States with membership aggregating 500,000 motors were represented at the opening here of the convention of the National Motorists association. The conyenticn will formulate Policies for the next year, including thereon road building and mainte- nance, city traffic problems, head- ight manufacture and usage, autc mobile stealing, safety on highwa national and state legislation, taxa tion and fraudulent automobile or- ganizations and schemes. WASHINGTON, Nov. 17. — By January 1, the world will have in operation 17,000,000 automobil passenger cars and trucks, accor ing to an estimate by M. H. Hoepl!, chief of the automotive division of. the commerce department. Of that total he says 14,000,000 will be run- ning in the United States, or about one to every eight persons, whereas in the rest of the world the propor- tion will be about one to 112 persons. ess WARSAW, Nov. 17—The diet last night voted confidence in the gov- ernment by a majority of 22, defeat- ing a radical motion directed against the cabinet because of the recent disorders in connection with the rail- road strike, - ae-n w Ne | Bence | WS f 1