Casper Daily Tribune Newspaper, February 29, 1924, Page 11

FRIDAY, FEBRUARY 29, cos 1924 \) TOOL CONTRACTS IN WEST BEING SIGNED s * 40 and 42 Cents; Boston the! surface during the past week bas been some business for there it, involving one or two sist los at fully recent prices. ‘the west contracting has sprend iy 1 several states, main! ee ae 420 for both mediym and fine clips. eof women's wear this the American Woolen com- pany indicate the Intention of the company to secure volume produc- tion if possible. Prices are about on last year's levels and worsted goods are a bit lower. “The foreign markets are strong and Bradford has marked up tops again to the extent of two pence Per pound on medium qualities, say forty-sixes to fifty sixes. Wastes and nolles are very strong. “Mohair is in ght supply abroad and very firm everywhere." ‘The Commercial Bulletin will pub- igh the following woo] quotations t We: Domestic: Ohio and Pennsylvania fleeces: Delaine unwashed 56@5ic, TWO NEW WELLS IN SAND AT SALT CREEK ‘Two completions are reported by the Midwest company for the week just ended with tests not haying been completed on either well. The wells are No, 5-A on the NE of mection 22-40-79 at 2,238 feet and No. 30-AX on the SW% of gection 11-40-79 at 2,506 feet. The reports on the Midwest wild- cat wells are as follows: Market Quiet in During Last Week. half blood combining 56@57c; % block combing 56@57e¢; quarter blood combing 53@54c; fine un a 50@5lc. mneree Michigan and New York Fleeces: Delaine unwashed 54@55c; fine un- washed 48@49c; half blood unwash- ed 54@65c; % blood unwashed 55@ 6c; 4% blood unwashed §3@5éc. Wisconsin, Missourt and average New England: % blood 53@34; % Dload 55@56c; % blood 52@53e. Scoured basis: Texas: Fine 12 months $1.39@1.35; fine 8 months $1.15@1.20, . ‘American T. and ‘P, --2----- American Tobaceo Baléwi Baltimore and Ohio Bethiehem Steel ex div. Californal Petroleum - Canadian Pacific ex iy. -—- Central Leather Cerro de Chesapeake and O! — Chicage and Northwestern -- Chicago, Mil & St. Pay! pfd- Chicago, FR. I. and Pac. Chile Capper ex div. California: Northern $1.20@1.35; C Middle county $1.15@1.20; southern $1.05@1.10. Oregon: Eastern number 1 staple $1.35@1.40; fine and fine medium combing $1.30@1.35; eastern cloth- ing $1.15@1.20; valley number 1,/ $1.20@1.25. Territory: Montana: Fine staple choice $1,491.42; half blood comb-! ing $1.28@1.32; % blood combing $1.10@1.15; quarter blood combing Delaine $1.36@1.40; A A @1.30; a supers $1.15@ Mohali. Best combing 7! hest carding 70@Thc. Nieber Dome test well, 3,470 feet; fishing for bit. Grass Creek 19-A, Meeteetse 16.) 3,825 feet; drilling. Baxter Basin well 6X, NEM of section 11-17-104, 8,880 feet; drilling. New Mexico—Jones Dome well No. 1, 1,140 feet corrected depth; cemented, Gasoline Production an Consumption Both Show Big Increase Last Year, Gasoline production in the United States attained a new high record in 1923, when 7,655,045,143 gallons ‘were states the Depart- ment of the Interior, through the Bureau of Mines. The figures rep- resent an increase of 21.83 per cent over the 1922 gasoline output, | While record-breaking produc- “ton of gasoline was being resister- ed, the demand for the product at- tained an even greater percentage of increase. For the year 1923 the indicated domestic demand amount: ed to 6,685,025,280 gallons. Exports were 871,116,614 gallons, which ad- ded to domestic demand shows a total demand for the year amount- ing to 7,556,151,894 gallons, an in- crease of 26.64 per cent over the total demand in 1922, Gasoline stocks on hand January J, 1924, were 1,074,899,650 gallons, an increase during ae of eg 106,789 gallons or 21.62 per cent. This inerease in gasoline stocks compares favorably, from the refin- ers point of view, with the increase of 50.80 per cent in stocks during |: 1922. Imports ef gasoline in 1923/ were Market Gossip On Operations in Oil Fields Exchange Seat Is Sold. NEW YORK, Feb, 29,—-Executors of the estate of the late George J, Gould sold for $35,000 the seat on ithe New York Stock Exchange, hich Gould bought 89 years ago 5,000. Paul H. Klingenstein as the buyer. ~ George W. Eberhardt; a member f the exchange since 191, seld his to Charles P. Berdell, Jr., for 000, —_ Fort Well at 1,420. Union Ol] of California on the prt Collins structure, 80-8 ig wn 1,430 feet. The heavy gas Fessure, with some oil, in evidence nee last Friday is being disregard: |, but hag attracted a.great deal of ation. One theory is that this has been coming from the iene sand. A pocket of gas was yuntered in this well at about 0 feet, and a still heavier flow at }» but neither isha equal tg that y. ‘his compan No. 2 well an the ington structure, 6-9-68, is down feet. No. 3, on the same section, soon spud in with a retary Fig probebly will reach the sand fo. 2. pion Oil of Colorado has com- d rigging up and js ready to in its No, 1 well op the Well- on structure, 8-9-68, as soon as basing ves and the gas pipe 43 laid from the Union of Cali- ‘s well to furnish fuel. ‘The will run directly from the well will not connect with the ino that extends south from eliinston te the Fert Colling 191,318,540 gallons, an increase of 207.91 per cent over the proceeding year, The total new supply (pro: duction plus imports) in 1933 was 7,> 747,258,683 gallons, or 23.67 per cent over the 1922 new supply, Yor the entire year the new supply exceeded the total demand by 2.53 per cent, The output of gasoline in Decem- br constituted a new monthly re: cord, amounting to 659,16 gal: lons, which was 108,000 gallong) above the previous record in Oc: tober, A total of 246 refineries re: ported to the Bureau of Mines as operating during December with an ageregate dally crude oi] capacity of 2,158,072 barrels, These plants operated at 76.61 per cent of their aggregate capacity. Kerosene production in 1923 was 2,848,094,712 gallons, an increase of 1.85 per cent over 1922 output. The production of gas and fuel oils in 1928 was reported to the Bur, eau of Mines as 19,074,101,693 gal: Jonds, an increase over the preged: ing year of 12.78 per cent. é The 1923 output of lubricants was 222 gallons, an increase of per cent over 1922 produetion. and Briefs strueture, tended. as was originally in- commen Wyoming Oils. r NEW YORK, Feb, 29.—Prices of Wyoming oils at 2 p. m, teday were listed on the New York Curb as Marine Oi! Company Salt Creek, section 8-39-78; Wol- yerine DS-1, Cleaning out of this well has been eompjeted and has been pnt on production, Section 9-29-78, Wolverine DS: drilling at depth of 8100 feet, Section 16-39-78, Mosher 1 and 8, both wells are being cleaned out and swabbed, Section 17-89-78, Marine 6, well has been cleaned out and put on preduetion. Section 20-39-78, Taylor 5, rig is being built for this well; Taylor 6, rig cellar is dug. Sheldon Dome. don No, 3, drilling feet, tion 8-5-2, Shel- t depth of 8,420 ne Bankruptey Petitions. CHEYENNE, Wyo., Feb. 29—Ro- land B, Gray, of Wheatland, rural carrier, has filed a voluntary petition in bankruptey in federal court here, Hsting abilities af $45 and assets of $207, Anthony Swenson of Cokeylile, la- borer, filed a voluntary petition in bankruptey, listing liabilities of $87,479 and aasets of $7,500. Erle ------- Famous Players Lasky - General Asphalt General Electric - Genera] Motors Great Northern pfd. Gulf States Steel Tilinois Central Inspiration Copper International Harvester Int. Mer. Marine pfd. ---—. International Paper Inyineib’e Oil .-. Kelly Springfield Tire Kennecott Gopper Lima Locomotive Louisville andi Nas! Maek = ‘Trucly Marland Oil Maxwell Motors Middig States ON .—.. Misrourl, Kan. & Texas new Missouri Pacific pfd. . New York Central -.. N. ¥.. N. H., and Hartford_. Norfolk and Western ex div Northern Pacific . Pacific Oll -.-------. w— Pan American Petroleum B Pennsylvania --_.---. Peopte’ Reading Repulic Iron and Steel ---- Bears Roebuck -.-.. Sinclair Con, Of -~.. feuthern Pacific ex div. ---- Southern Railway --.--—--- Standard Ol} of N. J. -——— Studebaker Corporation U. S. Ind. Alcoho) .-.--.-, United States Rubber -—. United States Steel --.------ Utah Copper ~~-------------= ‘Westinghouse Electric ------ Willys Overland American Zinc, Lead and Sm. Butte and Superior ---~----- Colorado Fue! and Iron ---~ Montana Power -..- National Lead -.-----~ Shattuek Arizoni Angio Buckeye Continental Cumberland Galena Tinos Indiana ~~~. Nat, Tran, ~----+. NOY. Tran aereceneee> Nor. PIp@ verenee—--- Ohio O;1 16% 16% 10% 71 49-0 peisianat ec FG 63% 64 Pipe -------— 105 Solar Ref, -~-~-------- 211 Sou. Pipe -----—------ 0% SB. 0, Kan. -menevenene 158 8. 0, KY -ns-nreree--= 8. O, Neb. -~---------- 8.0. N, ¥. oe §. O, Ohie ..------. Vacuum - §, P, OU .—-: 8. OQ, Ind. CRUDE MARKET Cat Creek oe oy Weerceneennree= 1.75 meesseeenercecrsercerece 1-15 ark Creek, Nght ----------- be mene ene e enn ween: Greybull - ----------+-------- Elk Basin scecneemeeeeqecere-= Rock Creek ------- Galt Creek ~~~. Big Muddy -. Mute Creek Sunburst Hamilton Dome Ferris = ex-eeceenee: Pilot Butte Lander HALF DOZEN TAKEN IN RAID ARE RELEASED ‘The men arrested by the police ‘Wednesday night at 243 South Cen- ter street above the Senate png! hall were released by Judge A, Murray when arraigned hefore him in eourt yesterday evening. The magistrate held that there was no evidence to connect any of the men with operat- ing the establishment. ae Tribune wantads bring results, Consolidated Royalty. .1.27 Cow Gulch Demme . nd Bighorn — —coyrege-e T. Williams ---__. Fargo Frante - -------se-. Gates weeeeenn een 10 Jupiter -----—----= 005 Kinney Coastal ~.... Lance Creek Royalty . Marine Mike Henry Mountain & Gulf 1.40 1.45 New York Of! .--____12.60 12.09 Picard: trenna-e 103 : a 04 0 weno en eee UE 00% 4 9.58 10.00 Royalty & Producers. .09% .10%j Sunset ~ --...------ 01% .02 Tom Bell Royalty -.... .02 03 Western Exploration $5 3.70 Wyo. Kans 80 Western States ~ 22 Y, on 13 NEW YORK CURB CLOSING Bid Ask 17.25 17.50 40 as 21.00 21.25 8.00 8.25 12.25 12.37 11,00 12.50 34.75 35.00 83.75 0 8. O. Indiapa 62.75 63.00 Cities Service Com. ~. 146.00 147.50 —_——- LIVESTOCK Chicago Prices CHICAGO, Feb, 29.-(U. §. De partment of Agriculture}—-Hogs— Recelpts 35,000; slow; mestly 5, to l0e higher than yesterday's best time or around 10 to 1c higher than the average; buik good and choice 225 te $00 pound butchers §7.15@ 7.20; top $7.25; bulk desirable 160 to 210 pound averages $7.00@7.15; bulk packing sows 25@6.40; killing pigs steady; bull better grades strong welght $5-75@6,25; blg pack: ers inactive; heavy weight hogs 57,107.25; medium —_ $7.05 @7.25; Ught $6,85@7,16; light light $6. 0@ 7,10) packing sows smooth $4.35@ backing sows rough 86.10@ 5.85; slaughter pigs $4.25@6.25, Cattle—Receipts 3,000; most iil ing elasses active, strong; spots higher; few fed steers here eligible to exceed $10.25) early top matured Steers and long yegrlin; bulk fed steers $8.00@ Cows $4.75@6.25; bulk beef heifers 35.50@7,00; bulls slow, steady; vea! ers 25c lower; bulk to packers $10.00 @10.50; stockers and feeders firm. Sheep — Receipts 6,00 killing slasses generally steady; feeding jambs around steady; desirable fat wooled lambs $15.75@16.25; top 16.85; bulk fat ewes $9.50@10.00; few sales good to choice feeding ambs $14.50@15.10, Omzha Qotations, OMAHA, Neb., Feb. 29,—(U. B. Department of Agriculture.)—Hogs —Reveipts, 10,000; slow to 50 higher; packers: buying sparingly; bulk 220 to $00 pound butchers, $6.80@ 6,95; top, $7.00; desirable 180 to 210 pound weights, $6.50@6,.75; plainer grades at these weights and light Ught on down to $6.00; packing sows, mostly $6,25@6,35; average cost yesterday, $6.61; weight, 2 Cattle-—-Receipts, 1,100; fed steers and yearlings, moderately active; strong to 10¢ higher; killing quality plain; bulk steers and yearlings, $7,50@8,50; full load, $9.95; part load, $10.00; other killing classes, steady; stockers and feeders, strong; bulk buteher cows and heifers, $4,00@ 6.50; canners and cutte $2,35@ 9.50; vealers to packers, $9.25@9,78; outsiders paying upward to $10.50 bologna bul $4. stockers and $6.00@7.25, Sheep—Reeceipts, 6,000; market ac- tive; Iambs, 15 to 25¢ higher; bulk desirable weights, $15,00@15.85; top, $15.85; sheep, strong; ewes, $9,50; shearing lambs, fully steady; early wales, $14.75. Denver Prices DENVER, Colo,, Feb, 29—(U. 8. Department of Agriculture}—Hogs Receipts 400; active, mostly 0c higher; five loads $6.95; few lots drive ins $6.90; few loads medium weights $6.75@§6.85. plainer kind around $6,60; packing sows mostly steady $6.75; pigs unehanged, few welghty fat kind $5.50; stock kind $5.25, Cattle. Receipts 400; ealves none; several loads ong through billing; trade dull; practically no demand; load lots mostly killing classes few loads medium eows pid §9.5 stock heifers $7.75; calves steady; cholee vealers $11,00; feeders steady; fleshy killing kind $7.10@§T.765, Sheep. Reeeipts £900; strong to 10e higher; early top $14,90; paid fer choice 81 pound averages; some held higher; few ears $14.80 up; one ear 92 pound averages $14.60 fiat: practieally no sheep nor feeder lambs here. SUGAR NEW YORK, Feb, 29.—The de- mand for refined sugar continued light and prices were unchanged at $8.90 to $9.15 for fine granulated. Refined futures nominal. Sugar futures closed steady; ap preximate sales 25,000 tons. March $6.49; May $5.63; July $5.69; Bep- tember $5,58, STOCK TRADING IRREGULAR Wide Fluctuations Develop In Railroads and Industrials NEW YORK, Feb. 29.—Wide and contrasting fluctuations were re- corded in representative railroad shareg in today’s stock market fouthern and Southwestern lines rese en dividend expectations while the northwestern carriers sold low- er on continued reports of poor earnings. Irregularity also prevailed in the Industria! group, traders ex. Pressing considerable uncertainty over the probable aetion of con- Srefp on tax recuctions. Sales ap- proximated 869,000 shares, _— + Feb, 29.—Some of he low priced ojls and rails showed actional changes elther way at opening af today’s stock market but the main tendency was upward with American Gan and St. Louta and San Praneigee establishing ad- yances of a point each, Southern Rallway pose to 504%, a new high figure for the year. Business expanded tn subs quent dealings and although weakness de: ¥Yeloped in Anaeonda, that stock losing a point, the remainder of the Ust moved steadily upward with the demand keen for the southern and southwestern railroad shares. Nov- folk and Western stood the t of profit taking and after sagging to 115%, exdividend, 1% per cent, rose to 118, before again reacting ta be- low 117, St. Louis and San Fran- cisco preferred advanced two points and General Electric and Tidewater pn 1%. Foreign exchanges irregu: r. After an early show of strength, prices were slightly irregular, In: terest continued strong in southern and southwestern railread shares while several of the northwestern lines, notably Northern Pacific, St. Paul preferred and the “Soo sold down to the year's minimum prices, "S00" lost four points, Northern Pacific and Great Northern pre: ferred two each and St. Paul com. mon and preferred and Chicago and Northwestern one each, Studebaker was under pressure, Indicating disappointment in seme quart at the 19: rning figures. The loss, however, was limited te a small fraction, Liquidation of Vir: ginia Carolina Chemical issues con: tinued. The preferred dropping 3% to 12, another new low record. Good buying sent U. 8. Cast Iron Pipe up three points, Call money opened at 4% per cent. A broad demand rose for mer, chandise shares in the afternoon, i] associated dry goods and the first preferred Va> Raalte Silks, Sears Roebuck, Macy and May Depart: ment Stores rising 1 to 3 points, Mack Truck, American Smelting, Schulte ang Davison Chemical also were substantially higher but other etive wtocks were more 4nclined tq sell off moderately in sympathy with continued pressure against Studebaker which lost 1%, The closing was irregular, Short selling of Westinghouse Biectrie on union unconfirmed reports that some new financing was contem: Plated pushed that stock Cown 3 points in the final hour. —— SILVER NEW YORK, Feb. 29.—Bar silver, 644%; Mexican dollars, 48%. Butter and Eggs CHICAGO, Feb. 29,— Butter— Lower; creamery extras, 47c; stand: ards, 470; extra firsts, 46% @46% firsts, 4644@46c; seconds, 44% @ Kess—Higher; rs pts, 17,007 cases} firsts, 24@24'%c; ordinary firsts, 21@22c. POTATOES CHICAGO, Feb. 29.—Potatoes: Trading very slow; market weak; receipts, 62 cars; total U, 8, ship: ments, 1,031; Wisconsin sacked round whites, $1.16@1,2) bulls, $1.25@1.35; Minnesota sacked Harly Obios, $1.15@1.80; Idaho sacked Russets, $3.00@2 25, MURDER TRIAL IS OPENED IN MORMON CITY BAL? LAKE CITY, Utah, Feb. 29.—Selection of a jury to try Wil liam A. Farr, on a co \arge of murder in conneetion with the fata! sheot- ing December 16, 1922, of Miss Roy- lence Fitegerald, has started in dis- triet court. Farr and Rex Aylett, who will be tried, ag soon as the Parr case has been completed, are alleged to haye been the two auto- mobile bandits who shot Mis Pitz wald on the highway south. of Salt Lake City. Once the pride of the Australian Navy, the battleship Australla, will be sunk on Anzac Day, in’ April, with befitting eeremenial, Bhe is ta be scrapped in accordance with the terms of the Washington. Treaty. os Jalapa, Mexico, sives citizens the privilege of shoetitig on genera} gus: pleion any person leaving the city on a gallop. GRAIN PRIGES LOSE GROUND Downturn In Corn Sends Wheat Lower In Chi- cago Trading CHICAGO, Feb. 28—Corn weak- ness had a bearish effect on the wheat market today, although wheat at first tended upward in prices. Estimates were current that three big corn shipping states have 40,000,000 bushels more corn than was the case @ year ago. Wheat closed easy %c to %o net lower, May $1.10@1.10% and July $1,10% to $1.10% CHICAGO, Feb. 29.—Enlarged buying in expectation of an increase of the impert duty gaye firmness wheat market today during Fly dealings. Most of the de: mand was frem Shorts. Offerings were scarce; the opening, which var: fed from unchanged figures to 4@ Me off with May $1.10% to 1.10% and July $1.10%@1.10% to 1.10% was followed by an upturn all around to above yesterday's finish, Subsequently, the wheat market was influenced largely hy down turns in the price of dern, Corn was under considerable sell- ing pressure. Brokers said to rep resent a large holder here were con- spicuous sellers. After opening at %c decline, to % advance, May 8114 to 81%c, the market underwent a moderate general sag. In the later trade, the corn mar- ket displayed but little if any power to rally. Corn closed heavy at half to %@ic net jower, May 60% @Sle to Sle. Oats eld firm tn sympathy with wheat, starting unchanged to Y%e down, May 48% to 4%c, and later scoring a slight gain. Open High Low “Close Wheat— 111 109% 1.10 1.1156 110% 110% 1.11% 1.10% 1.1044 % 80% 81 81M oe 48% ‘ 46% ABM 43% 40%G 11.87 11,27 11,23 11.28 <1L4T 1147 11.42 11.43 81 8! 83 90 89.90 9,75 9.75 10,00 10,00 10,00 10,00 ; 10.30 10.60 10.60 10.57 10.57 os Cash Grains and Provisions. CHICAGO, Feb, 29,—-Wheat—No, 2 hard, $1.12@1,15%; No. 3 hard, $1.00% @1.12. Corn—No. 2 mixed, 80%c; No. 3 yellow, 76@80c. Oats—No. 2 white, 49@49%4c; No, white, 474 @48%c. Rye—No. 8, 10%c. Barley—68@80c, Timothy seed—$6.00@8.25. Clover seed—$16.50@22.50, Lard—$11.00, Ribs— * Bellies—$10.00. METALS NEW YORK, Feb. 29—Copper steady; electrolytic snot and nearby 13%; futures 13% @18%. Tin strong; spot and $55.75 @ $55,387 Iron steady; prices unehanged. Lead steady; spot $9.00@§10.00, Zinc quiet; East St. Louls spot and nearby $6.77@36. Antimony spot $11.00, —_—___ futures Foreign Exchange NEW YORK, Feb. exchanges irregular, cents. Great Britain demand 43016; cables 430%. sixty day bills on banks 427%. France demand 4.18%; 419%. Italy demand 4.3 4.31%. Belgium demand A cables 8.65. Germany de, mand per trillion .22, Holland 37.26, Norway 13.38. Sweden 26.08, Den: mark 16,82, Switzerland 17.52. Spain 12.57. Greece 1.72. Poland .00#i2, Czecho Slovakia 2.90%. Jugo Slab via 1.26%. Austria .0014, Rumania .58. Argentina 44,25, Brazil 12.00. Vokig 44%, Montren} 96 15-82, MONEY NEW YORK, Feb. £9—Call money firmer; high 5; low 414; ruling rate 4%; closing bid 5. offered at 5%} last loan 5; call loans against 2 ceptances 4%; times loans stead mixed collateral, 60-00 days 4%; 4 menths 4%. Prime commercial paper 4% a 29, — Pereign quotations in Flour, MINNEAPOLIS, Minn,, Feb. 29. Flour, be lower to 10e higher. Family patents, 6,36@6.55, Bran, 24,00, Clip the Coupon In Today's Tribune And Get a Package Of Lucky Strikes For 9¢ 2 All Markets Panish Municipal $¢ A -—__. Domi an PAGE ELEVEN ret inion of Canada, bs, 1962 -____. Prench Republic, 74s ----— Japanese, 45 Kingdom of Kelgium, Kingdom eof Norway Rep. of Chile 8%, 1946 State of Queensiand, 6s U. K. of G. B, and I, bie Kailway aod Miscellaneous American Amertoan American Smelting bs Sugar 6s - Tel., col tr. bs — Anaconda Copper, 7s, 1938 Anaconda Copper, 68 19535 At. T. and San Fe, gen., 49 Baitimere and Ohio ev., 446 Bethlehem Steel; con., 6s, Canadian Pacifia deb, 4s ~~. Chicago, Burlington ahd Quincy ref Chicago, Mil., and St, Paul cv., 4% Chile Copper és -~. Goodyear Tive, 8s, 1941 Great Northern, A Montana Power Union Pacific First U. 8, Rubber 63 - Utah Power and Western Union 614s Westinghouse Electric Wilson and Company, cv., Serles A 103% 108 8214 100 Commodity Trade News Fruit FRESNO, Cal, Feb. 29.—Raisin sales by the Sun-Majd Raisin Grow- e association for the first three weeks of this month have been ap- proximately four times as large as those of tho corresponding period of last year. This heavy volume in @ dull period 13 expected to obviate the necessity ef reducing prices next summer to move remaining stocks. Ege HOUSTON, Feb, 29.—Eggs have taken another drop in the local market to 27 cents a dozen whole- sale, but poultry prices are adyana- ing. Bread KANGAS CITY, Feb. 29,--Local bakers report a decided increase in Buropean demand for pumpernickle bread, Large shipments are being Sent to Germany, Non Ferrous Metal: DENVER, Feb, 29.--Iividence of the Increased activity ef metal min: ing tn the Cripple Creek district is found in the reports of the South: ern Colorado Power company, which show that the gross business of the company for the last month has been 25 per cent above that for the corresponding period of 19: Rallroad Equipment ST. LOUIS, Feb, 9.—The &t. Louis Southwestern Railroad will retire this year, 1,000 wooden box cars and replace them with 40 ton steel underframe box cars at a cost of $2,400,000, Automohiles ATLANTA, Feb, 29,—-Automebile shipments to Atlanta for south east- ern distribution have become so heavy that the Southern Railway has started a daily “automobile speo- jal" @ through fast freight from Cincinnati here. Special terminal facilities will be Installed to handle the business, Wheat SEATTLE, Feb. 29.—With at least forty per cent af the 1923 wheat crop of Washington still un fold, reports from grain sections in- dicate that acreage this year wil] be fully great ns last season. Re- eeipts at the four principal north- western tidewater terminals so far this seazon total only $39,000 car- loads. ss CHICAGO, Feb. 29.—Several large retailers are featuring sales of China, glass and table ware this week at considerable reductions. ‘The largest demand is for ware of domestic manufacture. Steel POTTSTOWN, Pa., Feb, 29.—The Light Manufacturing and Foundry company has purehased eight bulld- ings with two acres of floor space from the Bethlehem Motors com- pany to meet requirements of a Program of expansion, Teather PHILADELPHIA, Feb. 29.— Fol- lowing shoe trade conventions in eastern elties a new demand has arisen for leather. Desirable weights and selections of sole leather have advanced 2 to 4 cents a pound tn this market which shows strength in all departments, BUSINESS BRIEFS Car Loadings Heavy. WASHINGTON, Feb, 29.—Rall, road traffic volume during the week ending February 16 set sonal record. The car sion of the American Railway asso, ciation reported today that car load ings totalled 935,109, an increase of 20 over the number loaded dui ing the preceding week and 118,463 cars over the number during the corresponding week @ year ago, Coal was the only commodity whieh showed a decline from the preced: ing week jn the volume of ship- ments, Wages Redyod. LANSDALD, Pa., Feb, 29.--Em- ployes of the Central Radiator com- pany have been notified that a temporary 10 per cent wage cut will become effective March 3, General Manager Howard F. Quay sald tor day the reduction had been made neeessary because of the cut in the selling price of the product of the company, Old seales will be re stored June 2, uto Plants Work Shifts, DETROIT, Feb, 29.—The appear- ance of two and three working shifts at some automobile factories has begun to give this section the appearance of war boom days. The Olds plant at Lansing has started 4& two shift schedule in its motor Plant, assembly plant, sheet metal plant and press room. Each shift works nine hours. This has been made necessary by the advancement of production sehedyles to a 400 ear a day basis, Unusually heavy demand for automobile bedies and ether stampin, has ny sitated the lengthening of working hours at other loading stamping pjants at Lansing. Farm Prospects Improve, KANBAS CITY, Feb. 29.—Farm conditions in the southwest are looking up, according to an ex- haustive survey by the Santa Fo railroad in whieh 0 farmers, bankers and business men were questioned, “Reports regarding erepa are more encouraging than those of @ year ago,” @ statement from railroad officials says. ‘his furnishes basis for the belief the year will be a very good one. Indl- cations are that wheat in Kansas, Oklahoma, the Texas Pan Handle, eastern New Mexico, the Arkansas valley of Colorado, Nebraska and other sections which specialize in this crop came through the winter in good condition.” Preparations are being made for a wage confer- enee here late in Mareh between miners and operators of the south- western coal flelda, Indications are present contracts will be renewed. WANTED TO BORROW $10,000 10 Per Cent Interest. Secured by $20,000 worth of good realestate, Will pay the loan off $500.00 month. LOAN ABSOLUTELY GUARANTEED P. O. Box 692 ep pee Reus