Casper Daily Tribune Newspaper, December 1, 1923, Page 6

SS Se Se EO Gr RIS oe eee Sere OT OGK TREND UPWARD AGAIN Low Priced Oils Register Marked Gains In Early Trading NEW YORK, Dec. 1—Initial prices tended upward at the opening of today’s stock market indicating a continuance of yesterday's late afternoon rally. The rise was gen eral among the low priced olls and extended also to some of the rails, motors and industria! specialties. Buying became more confident later, a rise in American Can to 1.04%, the best price since the cur rent upturn started, and creation of new high figures for the year by Tobacco Products and Maracaibo Oi! causing a more cheerful speculative sentiment. Advances of 1 to 2 were made by American Can, Maraicabo Oil, Baldwin, Davison Chemical, United Railways Investment pre ferred, Corn Products, Iron products, Loose Wilse Biscuit, National Sup. ply, New Orleans Texas and Mex ico, and “Soo.” Foreign exchange rates opened irregularly ae Livestock Chicago Prices. CHICAGO, Dec. 1.—(U. 8S. Depart- WHEAT PRICES CLIMG IN MART Early Dealings Witness Materila Advance In Chicago Exchange CHICAGO, Dec. 1.—Wheat scored a material advance in price today during the ear'y dealings. There was a noticeable lack of the selling which in the last few days has de- pressed the market and deliveries on December contracts were unexpect- edly small. As a result, bear specu lators who had looked for a con. tinuance of liquidation made haste to reverse thelr position, and the market quickly advanced. The opening, which ranged from % to %c higher, December 1.02% to 1.02%, and May 1.08% to 1.08%, was fo'lowed by further gains that lifted December nearly 2 cents above yesterday's finish. Scarcity of offering market gave firmness oats. After opening unchanged to go higher, May .73% to .74%c, corn showed upturns all around. Oats started at a shade off to %c advance, May .44% to 44%. Later, all months were higher. Provisions lacked support, despite higher quotations on hogs. in the corn to corn and New York Stocks ment of Agriculture.)—Cattle—Re-| NEW YORK STOCKS—LAST SALE ceipts 1,000; compared with week re ® 7 ago: Fed steers, yearlings and fat|4ied, Chemical & Dye ------ tei he stock and stockers and feeders|A™erican Can -- “ ead ty 28 to 50c higher: cannera|4metican Car & Foundry 161B aaatonte mage 2: vin jo to 25e|American International Corp 26 and‘ cutters strong; bulls 10 to 25c! american Locomotive —. 73% up; vealers 1.00 to 1.25 higher; 5 American Smelting & Refg. - 53% medium lght vealers showing most|4 7 Orcan Sugar advance; few head prime yearlings bh ies B= Sete ok herd. 13.00@13.25,|4merican T. and T. sorted off show hei -0 i38}|" A erican'. habasso other show yearlings in load lots ‘American . Woolon 12:75; best show fed heavy 12.25; bi few heavies above 11.25; week's bulk prices follow: Beef steers 8.40@10.75; stockers and feeders 5.50@6.50; fat she stock 4.00@6.50; canners and cutters 2.50@3.40; veal calves 8.50 @2.50. Sheep—Receipts 1,000; today's market steady; few loads choice wooled lambs 13.00; compared with week ago: Fat lambs 50 to 75c high- er; spots more; yearling wethers around 60c higher; fat sheep 25 to 50c up; feeding lambs steady; top fat lambs at close 13.25; top feeding lambs for week 12.65. Bulk prices follow: Fat lambs 12.50@13.50; fat yearling wethers 10.00@11.00; aged wethers 8.00@8.75; fat ewes 5.50@ 6.50; feeding lambs 11.50@12.25. Hogs—Receipts 11,000; around 10c higher; bulk 180 to ‘pound averages 6.90@7.10; few lighter weight around 6.75; good and choice 240 to 275-pound butchers mostly 7.15@7.20; top 7.25; bulk desirable packing sows 6.65@6.85; slaughter pigs steady, bulk strong weight 5.75 @6.00; estimated holdover 4,000; heavyweight 7.00@7.25; medium 6.85@7.25; ght 6.60@7.10; ight light 5.90@6.85; packing sows smooth 6.50@6.85; packing sows rough 6.35@6.50; slaughter pigs 5.00 @6.00. Omaha Quotations OMAHA, Neb., Dec. 1—{U. 8. De- partment of Agriculture.)}—Hogs— Receipts 5,000; active, strong to 100 higher; bulk good and choice 200 to 325-pound butchers 6.50@6. top 6.75; mixed loads carrying packing sows and lights 6.15@6.50; packing sows largely 5.90@6.15; average cost yesterday 6.25; weight 258. Cattle—Recelpts 200; compared with week ago: Fed steers and yearlings uneven; steady to 25c higher; grass steers steady; she stock and bulls 25c higher; veals strong to 250 higher; stockers and feeders steady to 25c higher; closing bulks, fed steers and yearlings 7.25 @9.50; week's top 11.40; grass steers 5.00@7.00; grass cows and heifers 3.75@5.50; canners and cutters 2.25 @3.40; bologna bulls 3.00@3.75; prac- tical veal top 9.00; stockers and feed- ers 5.50@7.25; week's top 7.80. Sheep—Recetpts 1,400; compared with week ago lambs steady to strong; sheep 25c higher; feeders Mrm. Closing bulke: Wooled lambs 12.00@12.15; fed clipped 10.25@10.35; handy weight and light ewes 5.75@ 6.25; week's top 6.40; feeding lambs 11.50 12.25. Denver Prices. DENVER, Colo., Dec. 1.—(U. 5S. Department of Agriculture.}—Hogs 50; steady few medium to good drive-ins, $6.35 to $6.65; some light butcher sows, ; packing sows, $5.50; few fat pigs, $ Cattle—Receipts, 350; calves, 5 for week: Beef steers, strong to higher; top, $8.00; fat she stock, mostly 10 to 25c higher; spots up more; bulks, $3.75 to $4.25; canners, steady to strong; cutters and bulls, steady to 26e higher; calves, steady; | stockers and feeders, strong to 25c | higher;. bulk, $5.50 to $7.15; stock | calves, steady; fat cows and heifers, strong to 25c higher. Sheep—Receipts, 550; no early sales; talking steady on fat lambs for week: Fat lambs, 25¢ higher; —Receipts, 0: Atl, Gulf and W. Indies Baldwin Locomtive ex div. Baltimore and Ohio ~ Bethlehem Steel ex div. -— California Petro‘eum ----. Canadian Pacific ex dty. Central Leather Cerro de Pasco Copper Chandler Motors Chesapeake and Ohio Chicago and Northwestern -. 66% Chicago, Mil,, and St. Paul pfd 24% Chicago, R. I. and Pac. -----. 23% Chile Copper eowcncemnan . 27% Chino Copper ----------—-. 16% Consolidated Gas -—--—~——-. Corn Products Cuba Cane Sugar pfd Erle — Famous Players Lasky. General Asphalt General Electric General Motors - Great Northern pfd - Gulf States Steel — Mlinots Central - Inspiration Copper — International Harvester Int. Mer. Marine pfa -. International Paper -. Invincible Oil Kelly Springfield Tire Kennecott Copper - Lima Locomotive Louisville and Nashville Mack Truck - Marland Oil - Maxwell Motors Middle States Oil -.. Missourl, Kan and Texas new Missouri Pacific pfd - - 27% New York Central ---—-. N. ¥., N.H., and Hartford -- Norfolk and Western ex div. Northern Pacific Pacific Ot! “ Pan American Petroleum B_- Pennsylvania Peap'es Gas —-. Producers and Refiners -—~ Pure ON ——. Reading ——---— = Republic Iron and Steel Sears Roebuck Sonclair Con Ott Southern Pacific ex div. -—. 88% Southern Railway - 36% Standard Oil of N. J. -—. 35% Studebaker Corporation 102% Texas Co. --------. een 148. Texas and Pacific -. Tobacco Products A Transcontinetal Ofl ----—-— Union Pacific ex div. ---—--- Unites Retail Stores ---... 3 U. 8. Ind. Alcohol United States Rubber -——--- United States Steel Utah Copper — Westinghouse Electric -. ‘Willys Overland American Zinc. Lead and Sm. Butte and Superior --- Colorado Fuel and Iron - Montana Power - National Lead Shattucld , Arizona Crude Market |Cat Creek Lance Creek top, $12.55; best at close, $12.00. Wee SS ia Potatoes CHICAGO, De steady; receipts 42 cars; total U shipments 559; Wisconsin sacked round whites U, S. number 1, .90@ 1.10; bulk 1.00@1.20; Minnesota and Nort Dakota sacked Red river Ohios U. S. number 1 and partly graded .90@1.00: sacked round whites .85@1.00; Idaho sacked Rus sets U. S. number 1, 1.85@2.00. 1.—Potatoes chiight Elk Basin « Muddy Cre burst | NEW YorK, 64%; Mexican dollars, Che Casper Daily Cribune BARNEY GOOGLE-~ COCONIGHT PHYLUS. IT's f CERTAINLY FINE OF Nou TO GO WITH ME WEONESDAY NIGHT. Oil Securities @®y Wises, Cranmer & Company) LOCAL OIL STOCKS Bid Asked Big Indian ~~... az" 36 Bessemer -.-------- 22 Boston Wyoming Buck Creek -—. Columbine ~~~. B Central Pipe --—. 00 Consolidated Royalty 1.21 Cow Gulch ~...-..---. .03 Domino ~.---.------. .08 Elkhorn -... x E. T. Williams --_---. .44 Fargo --------------. Gates Jupiter ~. Kinney Coastal Lance Creek Royalty Marine Mountain & New o¥rk Of _ Royalty & Producers — .05 Sunset - --___. 02 Tom Bel! Royalty -—- .02 Western Exploration . 3.35 Western States ---. .16 Wyo-Kans 50 bsits | pam 08 NEW YORK CURB CLOSING Mountain Producers - 14.12 14.25 3lenrock Oi! — 60.65 Balt Creek Pras. 17.87 18.00 Galt Creek Cons. ~— 6.75 7.50 Mutual - 11.00 11.12 Jities Service Com.— 187.50' 139.50 aes Bid Asked Anglo . 15 15% Buckeye — ----——-- .73% .74% Continental — 38% 39 Cumbertand ~ =1.10) (143 Calena ~ i Miinois - Indiana - Nat Tran NAY, (Trane 8 Nor Pipe -1.00 Ohio Ol 64 Prairie Ofl ----__-2.20 Prairie Pipe --------- .97 Solar Ref --———-___1.70 Sou Pipe =ne1 8 O Kan --_________ 40% 96% SS SONY -— 42% S O Ohio -__-____3.76 Union Tank S O Ind Butter and Eggs - CHICAGO, Dec. 1.—Butter, high- er; creamery extras, 52%c; stand- ards, 50%c; extra firsts, 50@51%4¢; firsts, 45@47c; seconds, 42@43c. Eggs, unchanged; receipts, cases. ——_— Riverton Broom Factory After having demonstrated that broom corn can be successfully grown in the country around River- A. N. Bishop has started a fac- y for the manufacture of floor and whisk brooms at that place. The new concern is known as the Riverton Broom company. Aaetiica vetting An, PARIS—Dr. Meyer, German charge in Paris, delivered a note to the reparations commission ask- ing that deliveries in kind made by Ruhr industrialists dited to the German reparationg eccount | NEVER VET HAVE TURNED YOU COWN UNLESS 1 HAD You LEARN \ war? WeaT VIRGINIA COMMISSIONED FOR U. 3. DUTY New Battleship One of The Navy’s Finest; Electric Drive. WASHINGTON, Dec. 1.—The navy line gains one of the proudest ships afloat today with the commis- stoning at the Norfolk navy yard of the battleship West Virginia. Embodying all of the knowledge of naval architecture and protective devices gained during and since the battle of Jutland, the big fighting craft, a sister ship of the Maryland and the Colorado, takes the place of the North Dakota, which is to be scrapped under the provisions of the Washington conference naval treaty. “The commissioning of the West Virginia will mark the end of an era,” says Secretary Denby in his letter to Captain Thomas Jonas Senn, who {s placed tn command. “For years to come there will be no more competition in capital ships amongst the great naval powers.” Displacing 82,600 tons, she is the fifth battle ship equipped with elec- tric drive, and is described by Secre- tary Denby as “the latest of the super dreadnaughts.”” The West Virginia's complement consists of 1,400 officers and mer., and she carries eight 16-Inch 45 calibre guns, 12 five-inch 51 calibre guns, two 21-Inch submerged torpedo tubes, and eight three-inch anti- aircraft guns. She {s 624 feet long, 97 feet 3% Inches across at the water line, has a draft of 31% feet and makes a speed of 21 knots. The West Virginia, Maryland and Colorado are the largest ships in the United States navy, but they are not so large as the new Japanese battleships, the Mutsu and Nagatc and the British battle cruiser Hood is considerably larger than either the West Virginia class or the Mutsu class. Politicians of Dakota Confer On Candidates HURON, 8. D., Dee. 1—(By The Associated Press.}—The Republicans Democrats and Farmer-Labor party leaders meet in respective party caucuses here today to discuss their several choices of candidates and the more fmportant planks of their platforms with a view to getting their affairs in such shape that the state proposal conventions at Pierre Thursday may finish their business in one day. A struggle between adherents of President Calvin Coolidge and Sena- tor Hiram Johnson of California wi! feature the Republican proposal con- vention. A possibility exists that the Demo cratic and Farmer-Labor parties wil! amalgamate, at leart on their pres!- dential choice. Several prominent Democrats who favor the nomina- tion of William G. McAdoo are known to be opposed to any amalga- mation with the third party but a large group of Henry Ford support- ers are openly working for a comn- promise slate. WHY =™4 Bot THe Road Was KINCA DARK ONDER The TREES - BESIDES Mv EXESIGHT WoW BUT YOU KNOW, PHYLLIS, 1 HAVEN'T ANY SWELL TOWN CAR BND CHAUFFEUR — JUST ANOTHER APPOINTMENT | MV LITTLE OLD LAST YEAR'S wave PSEUDO ‘DRY’ AGENT KILLED OMAHA, Neb., Dec. 1.—Robert Burdette, of Crenola, Kansas, was shot and killed and Paul Wanser, also of Crenola was arrested la: night on a farm near Verdon, Ne- braska, following a fight with of- ficers after they are said to have attempted to extort money from Oscar Hartman, a farmer, whiie posing as prohibition agents, accord- ing to a special dispatch telephoned to the Omaha World-Herald from Verdon. Poet Pardoned By Gov. Pierce SALEM, Ore., Dec, 1—Governor Pierce late yesterday conditionally pardoned from the state penitentiary Marvin Bailey, poet and associate editor of the prison newspaper, “Lend a Hand.” Bailey, it is said, frequent'y has sold his poetry to eastern publications. He was serv- ing a ten year sentence for assault and robbery while armed with a dangerous weapon. III health was given as the reason for the pardon. Seep Se Nearly 2,000,000 tons of sand is used in the United States each year in making glass. To apply the inhabitants of New York city with their daily bread re- quires the services of about 15,000 bakers. | | SATURDAY, DECEMBER 1, 1923 By Billey De Beck BET OLD WICKER WILL BE GRASS- GREEN WITH ENVY KALA CONGRESS SET FOR CONVENING MONDAY NOON Bitter Battles Loom as Solons Mobilize For Session. By LAWRENCE MARTIN the political conventions will call a halt on legislative activities. In a peculiar fashion, this new congress is important to the Pres!- dent of the United States. He faces his big test. It is generally recog: nized that upon Mr. Coolidge’s suc- cess or failure with congress will depend his nomination in the com- ing Republican national convention. Test With Message. The first test will come with his message, which it is expected, he will deliver in person.Tuesday, be- fore a joint session of the house and senate. That message will ve Ustened to with keenest, attention and deep respect, for, whatever men may thmk of him as a politician. as a man they have much respect for Mr. Coolidge. His message will be taken apart in the most minute fashion, and will be analyzed and interpreted fn every conceivable way, unless it is (United Press Staff Correspondent.)| so plain and forthright that there WASHINGTON, Dec. 1.—{United Press.}-—The Sixty-eighth congress will meet Monday at noon. It is a congress that faces trouble right from the start. There are a number of reasons for this. They include: 1. Itis residential year” con- gress. The session that opens Mon- day will not really get down to busi- ness until after the New Year. Politics will be in the air every minute. 2. It ts controlled—potentially at least—by a new group of progres- sives, headed by LaFollette, who have it in their power to make tn- finite difficulty for both the major party groups, particularly for the administration Republicans. 3. It has more work to do—as ts usual with congress—than it can do between now and next June, when is only one interpretation to be put upon it. In this connection, many of his friends hope he will make it blunt, without use of excessive words, and specific to the point of plainness, #0 that what he means to say cannot be misconstrued, either by the op- posite party or by the friends of other ambitious Republican aspirants to the nomination. New Faces in Congress. The clans were gathering today. with many new faces seen in the historic halls of the Capitol. The last congressional election s an upset in more than one way. ‘Uncle Joe” Cannon is gone—gone to watch in philosophic calm while the rest of “the boys” get all excited over what to “Uncle Joe” is just another congress. Other faces that always graced the informal assemblages preceding the convening of a new congress are gone too. Death has taken some of them, and political fortune others. The new ones were coming in by every train today, some of them self-conscious, shading down, 4 little, the air of importance with which they departed from thelr homes, when they arrived here to find that they were just so many peas in a great big pod. ‘The greatest deliberative body in the world, so-called, is about to assemble. It looks a good deal like a town meeting, and, if it lives up to past performances, it will act a good deal like one. The gavel wil) fall at noon Mon- day in house and senate, Prayer will ascend—prayer that must be kept to a brief minute or two, and }then the Sixty-eighth Copgress will be off. Rate Hearing Closed Today MINNEAPOLIS, Minn., Dec. 1— The last hearing in the grain rate case in this section before represen- tatives of the Interstate Commerce Commission was he'd here today. The next hearing will be held at Spokane, Washington, December 5. Testifying before the commisicn here yesterday, George Siderman of Lansford, N. D., declared that di- vers‘fication of crops is the only salvation of the farmer in the future. He said conditions in North Dakota now are “not so bad as painted.” AS ee More than 50 per cent of all the remaining saw timber in the United States Is in the three Pacific coast states, Oe se ee Just laden with gifts that every man, woman or child would be pleased to receive. First consideration has been given to quality. That being a certainty, the low prices will induce every buyer to come here. Campbell-Johnson HEAD TO FOOT CLOTHIERS