Casper Daily Tribune Newspaper, December 21, 1923, Page 7

FRIDAY, DECEMBER 21, 1923 BROKER'S PAY SMALL IN STABILIZING MARKET FOR STOCK OF MAMMOTH OIL Popular Conception of Commissions Upset by Testimony Tdiay Before Senate Probers WASHINGTON, York stock broker, committee some int broker’s commission. of naval ofl reserves. Livermore de- eribed the formation in October, 1922 of a group to “make a market" for the stock of the Mammoth Oil, the subsidiary of Harry F. Sinclair which was organied to operate Tea- pot Dome reserve Number 3. As a result of an advertising cam- Ppaign, the witness said, public sub. scriptions were received for 151,000 shares at $49 a share and 109,000 shares were allotted. These shares subsequently were repurchased by the syndicate interested in the is- sue at prices ranging from $40 to $56.50. On the entire deal, Liver. more said, involving sale and re- Purchase of more than $10,000,000 worth of stock, his personal return Was $9,916. « y did you have to repur- * asked Senator Walsh, demo. erat, Montana. “To furnish a stable market,” was the repi “That was why I was re- tained.” Many of the subscriptions received, witness explained, were from Professionals, who were certain to let the stock go at the first opportunity Presented to obtain a price higher than that of issue. Unless there ‘Was a buying agency tax to take these offerings, he said, the public would have no confidence in the Dec. 21.—Jesse L. Livermore, New today gave the senate public lands ome imate details of operations in Wall Street, and incidentally upset popular belief as to a Appearing as a witness in the inquiry into the leasing dermis ae de ances | Operators of Punch Boards by N. Y. Broker ~ = Are Released Four men who had been arrested Wednesday for operating punch boards in thelr places of business were dismissed of the charge, of violating the gambling ordinance by Judge John A. Murray last night. The men were Chris An- gelos, Homer Hall, Tom Miller, and Joe Tuck. Judge Murray said that he had received a phone call from the mayor who told him that the voice of the counet! had been for return- ing the candy which had been con- fiseated, for retaining the punch boards, and for not pressing the charges against the proprictors. “Since that is the order I have received,” said the magistrate, “I see nothing for me to do except entertain a motion for the dismis- sal of the cases.” BANDIT CHIEF IS EXECUTE PEKING, Dec. 21—(By The As- sociated Press)—Sun Mat-Yo, one of the bandit leaders who participated in the attack.on a Shanghal-Peking express train near Suchow, in the Province of Kiangsu, last May, in which a number of Americans and other foreigners were kidnapped and held captive for more than a month, has been executed at Taochwang, in Chekiang province, according to ad- vices received by the war ministry here. Mayor Whisenhunt fn an tnter- view this morning stated that in recommending leniency in the case of the four offenders releas- ed last night, the city council did not sanction the operation of punch boards. These particular proprietors, so far as information could be obtained, were not aware He was charged with permitting troops under his command to mutiny he Casper Wally Cribune of the seriousness of their offense: Therefore it was thought only the square thing to return the candy in this instance. SEVEN HOUSES ARE PROJECTED Permits for seven $5,000 residences Were taken out of the city engineer's office this morning by the Union in- vestment company. The buildings will be of frame construction with four rooms and bath and will be located on South Oak street between Fifteenth and Seventeenth streets. ee Saturday Auction At Harned Store ‘The regular Saturday auction at he Harned Furniture store will bs held tomorrow afternoon at 2 o'clock with dishes, kitchen utensils and house. furnishings of all kinds offered for sale. Recent auctions have witnesced the sale of many bargains and tomorrow's offerings will be exceptionally attractive, it ts stated. Famous “‘Stag’”’ Hotel Closed PHILADELPHIA, Pa., Dec. 21.— With the coming of the new year, Dooner’s Hotel, famous for forty years as Philadelphia's only “stag” hotel, will pass out of existence. The and rebel against the government, the advices state. Smith and Turner | Aowvacuum and Packe SANTA CLAUS Go Hand In Hand issue. Much of Mr. Livermore's testi- mony covered the same ground as| ji the senate investigation last spring| into oil prices. POLIGE GUARD JEWELS IN TRIPENY WINDOW So large and so valuable ts the stock of genuine diamonds now on display in the jewelry department window at the John Tripeny Drug Co., that the owners of the store have deemed st necessary to ask for the protection of the city authorities against a possible robbery, They have therefore arranged for a special eity police guard who will watch the window night and day, thus greatly reducing the chances of a theft. The present display is the largest collection of diamonds that Casper has ever known. They are on dis- play and sale for the purpose of making the selection of a real Christ- All Children Under 10 Years Of Age Who Visit Smith and Turner's ON SATURDAY, DEC. 22 Between the Hours of 10 and 12 a. m. Will Be Given A Novelty Floating TOY FREE - FREE — FREE “The Drinks Are On Us” KIDS SMITH AND TURNER DRUG CO. 188 S. Center Street Phone 150. rich, mellow flavor. mas gift an easy matter. Mr. John That's what makesADVO NOW OPEN FOR BUSINESS HOLMES MIROWHRE 1$|) <zerseszeatemee (|) STONE'S CUT RATE GROCERY comes to you vacuum packed with all its rich flavor sealed in the can. If you aren't a regular ADVO user, order acan from your grocer today. See how much richer, how much better it is! OUR OPENING SPECIALS ESTABLISH A NEW PRECEDENT IN GROCERY PRICES IN CASPER Stiga, 0: IMB SOP. ciate colt o'0'e's:c'0:e cvereleteie o's $1.00 Pork and Beans, No. 2 can;. Corn, No..2)can;.:. ... Good Red Spuds, per cwt........ CELEBRATING BIRTHDAY WITH ANNIVERSARY SALE ++. $1.65 The Holmes Hardware Co, {s e seven years old this week. By way Blended, Roasted and Packed by Four lks. fine Christmas Candy. ++ - $1.00 of due celebration, Mr. Holmes is ‘THE McCORD-BRADY CO. 3-lbs. Mixed Nuts............ <n +--$1.00 congnothiguen<Anniverss:y: Appre. BOOS OPMNBOR 6 5 > sc) sc ciete.cioteln's ws,» woes +++ -$1,00 ciation sale, in which he features choice Christmas gifts with a liberal discount as an inducement. The wonderful values offered by the com- pany are a direct result of the won- derful patronage accorded the Holmes store during the past seven years, and Mr. Holmes’ apprecia- tion of that patronage. The sale will continue over Christ- mas day and will come to a close on Friday, December 28. Mr. Holmes believes that by fostering this sale CASPER Omaha, Cheyenne, Sher- fan, Lead, Rock FREE TURKEY ON MONDAY STONES CUT RATE GROCERY Just Across From the New North Casper School 1113 VIRGINIA STREET PHONE 1892-M inst all- he is co-operating with Santa Claus| = to the nth degree. WHITE CHRISTMAS. IN _ PROSPECT FOR CASPER Prospects of a white Christmas loome din Casper today as the result of a light fall of snow early this morning and cloudy conditions which forecast more in the next few hours. The snow was accompanied by on'y a slight drop in *he temperature. , Oec. 21—With the official departure of autumn, snow was falling here with a tem- perature of 20 degrees. sai Seek en Candles Made at Whiting Sold to Midwest Employes Tinted candles in gorgeous variety were sold to Midwest employes to- day at prices close to the cost of manufacture. It is a considerable jump from the. pungent odor and the blackness of crude oil to such Pieces of waxen beauty as those Mp ) AW Anny DIAMONDS! See our window for the largest and finest display of DIAMONS ever shown in the city. DIAMONDS! LARAMIE, Look them over if you wish to save half of the original purchase price on Diamonds. We are pleased to announce that the representative of one of the larg- est DIAMOND IMPORTERS in the U. S. will be at our store for the next 3 days and will have on display his entire line of DIAMONDS, DIAMOND WATCHES, DIAMOND PLATINUM RINGS AND MOUNTINGS. WE WILL BE PLEASED TO SHOW YOU THIS LINE Everything Guaranteed as Represented JOHN TRIPENY CO. SS) See = which were sent from the Standard of Indiana refinery at Whiting, Ind. to add color to Christmas in Casper. 241 South Center Street JEWELRY Phones 72 and 99 A Nash for Christmas property has been purchased by the Federal Reserve Bank arid (ne*ousu ing located on Tenth Street above rrying out the wish of its found- —_. er, the late Peter S. Dooner, no wo- | man except the housekeeper and the Chestnut will be torn downeto rl- Chambermaids ever were permitted vide added accommodations to the | ‘o penetrate above the first floor of bank. | the hotel. Tomorrow morning serve tender, golden brown Pan- cakes! e kind with everybody. ity with Robb-Ross Self Rising ancake Flour. Robb- Ross Pancake Flour contains the rich natural flavor and strength-building qualities of wheat, corn and rye. cious, healthful, digestible. Four pounds for thirty-five cents at your grocers. Order yours today. ROBB-ROSS CO, Sioux City, Iowa WHEN YOU THINK CANDY—THINK oyd’s ALWAYS CLEAN, FRESH AND PURE The Ideal Giit STILL A FEW BEAUTIFUL IVORY SPECIALS ON SALE CANDY SPECIALS FROM NOW UNTIL XMAS Leather Boxes, Sewing Baskets Packed With Our Delicious Milk Chocolates At Holiday Prices THE WYOMING DRUG AND SUPPLY CO. Second and Wolcott Phone 51-W PACE SEVER. —— HIS CHRISTMAS | cdg NY a STETSON HATS $5 to $35 a 50c to $5.00 SLIPPERS $1.50 to: $5.00 GIVE CAMPBELL-JOHNSON GIFT CERTIFICATES Campbell-Johnson Co. HEAD TO FOOT CLOTHIERS Postoffice Sub-station at Your Service |