Casper Daily Tribune Newspaper, March 7, 1924, Page 11

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Stocks Grain AND QUOTATIONS BY LEASED Sendra on Sesto) /STOCK TREND GRAINS RALLY PeLeIN G ACTIVITY _ New York k Stocks ON UPWARD TREND Alea Chemical & Dye ----.. 69 Anglo ---.+-.-s-.—---. iis tr : . Buckeye s--ssssesse--- 70 9 71 : Setetn kia ie Continental --------. 48 49 STILL UPWARD IN LATE CALES Aumbae Corp 221g | Cumberland “2. 138. 140 4 Material a Labor to Be Taxed to Limit i In| American Locomotive rae | Osan ns art FOREIGN. i American Smelting an@ Rete 60% | ging 1 92 94 _| Increases Exceed Losses In| Wheat Climbs On Reports of| cecchewiovak Rep. ts ctfe Oe ereN 0% Starting of New Projects This Month, hei te aot | Nat. Tran. -s es as Irregular Trading, Purchasing for Cana- Fronch Republic, 7¥8 ---.-—---—— = 8 Survey Reveals. ‘American ‘Tobacco 350% | eet oe eee oat Shes New York dian Export Kingdom of telgiuta, ba. = 302 ; American Woolen 18% ome Onn np e a Klog pom of Norway, 68 = = 284 ; Anaconda Copper -. 34% | Draitte Off... Lu. 837. 239 NEW YORK, March 1—Spectac-] CHICAGO, March 7.—Speculative carte Qt Mba Tg - * ie0% By J. ©. ROYLE mendous drift of population eity.| Atehison ----——--- ih Prairie Pipe... 1 100% | Ular advances in high priced stocks) selling in the corn market had alU. K. of G. B&@ 1. Bis, = 100% ; (Copyright 1924, Casper Tribune} ward and so far there is ne evi- Atl, Guig and Weet Indies .174% Solar ‘Ref. ...-..-...-. 2 230 particularly the Chain Store isaues depressing effect on prices of ali Railway “ana Miscellaneous NEW YORK, March 7.—Building| dence of a return flow country-ward.| BAldwin Locomative -—---- 124% | cou ping __---2s1waoe 4 | Were the outstanding developments] grains during the early dealings. |Amertcan Smelting 6s . ano 98% onstruction ig on the move upward. , Careful real estate ‘men| Baltimore and Ohio ---- 56%} 6G Kan 44% |" today’s dull and irregular stock | Most of the corn selling was by pit} American Sugar, ts ..- 10176 ‘There is every prospect as| are refraining from counting all this| Bethlehem Steet = 87 |g) Gy, 34d ag | Market. Standard —_Industrials| traders. There was no material pres- Arhetioan Tol. os ( much building: will be Scsdattalion influx as permanent urban popuia-| Cel#fornia Petroleum -—--. 2 8. O. Neds -22-cs 230233 | Showed a little change on the day.|sure from other sources, but ag: euecomte .C * this month thruowt the country as|tion. Cehtat Pate a OE Te = 43%) 42% | Ses approximated 550,000 shares. | gressive support was absent after | At. @ San Fo gen, 48 « supplies of materials and labor will] The greatest proportion of bufla- ene tes 8. O. Ohio _--_-__w_ 823, $24 opening at %@c of fto an eq Baltimore and Ohio cv., 4 Permit. The movement has been| ing gains so far this year has been | Cerro de Pasco Copper ~~ 46% | vacuum ns 68% BS NEW YORK, March 7. — Stock | advance May 80Kc to 80%c the corn | Bethiehem Cee! Con. 6s Seen aided by the open winter and con-|in the south, where construction has Chandler Motors .. 16% Ss. P. on _ Ta lwTT 157% 158% Prices moved irregularly higher at) market suffered a general esetback,| Canadian Pacific deb 4s _ struction for the first two months| heen about 25 per cent ahead of that and Ohio 13% 1 8.0, Ind. sccccsstee 8% 6314 | the opening of today’s stock market | with May leading the decline and Chicago, Burlington and Qui of the year was in the neighborhood| of the early part of last year, This, Chicago and Northwestern -. 50% with buying orders well distributed] showing a drop of nearly one cent. | Chicago, Mil and St, Paul ev., 4% of 20 per cent above the correspond-| of course, is natural since weather| Chicago, Mil and St. Paul, pfd 25% throughout the lst. Dupont advano-| Wheat receded with corn. Expect: | Chile Copper 6s ing period of 1923, conditions have favored construc.| Chicago, R. I. and Pac, .... 23% CRUDE MARKET ed a point and small fractionalled signing of the tariff advance faere de Cha ie In fact there seems little Ukell-| tion in that section, In the colder| Chile Copper --as—-—-----~ 27% Bains rere recorded by the Pan’ proclamation was apparently re-|Srontana Power ta a7 hood that the volume of construc-| sections, New York, Philadelphia,| Chino Copper. -—----.--- 17% American issues, Standard Oll of garded as having been alreacy dis-| Northern Pacific rete és tion work will tall off during 1924) Boston, Newark. Providence and] Consolidated Gas —-—---—--~ 63% | cae Cree ena $1.80 | “Mifornia, Union Pacific and Dati-| counted as a bullish factor.” ‘The | Nochweateen tent ele” a ‘ unless building costs inctease ma-| Jersey City showed greatest-gnins, [COP Products -—--s------= 177) | Paice Greek cole 1.75 | "2" Chemica, Canadian and South-| opening, which varied from un-| Pacific Gas and Blectrio, $8 ; terially . This latter contingency is} The steel and material men ex-| Cosden Oil -.. ~ 8556 | nage _-- nnn eee 1.75 | O'R Railway each dropped a point. | changed figures to %o higher, May | Penn, R. R. Gen., 58 : not by any means impossible. In| press extreme confidence in the con-| Crucible Steel .. - 68% Grass Creck, light Puce! 1.80 Strength of the merchancésing is-/and July both $1114 to $1.11%,| Sinclair Cc OU col, most wage agreements] tinuation in building at Jeast for the| Cuba Cane Sugar pfa SSN] Grass Creek, heavy ----ccc. 80} SU°% Was the feature of the early | was followed by a moderato decline | Southern Pacific ev., ; have been arrived at for some time| next four months. The United States| Erie --. wometmsews 2546 | Torchlight —-----o.-n. 2.89] trading. Woolworth advanced 1% to | all around. : } to come. But contractors, investors | Stee! corporation is spending $6,000,-| Famous Players Lasky -—--- 68% | Greyull__ _2--v--2--ssseees 1.80] 3114, @ record top; Glmbel Broth-|" subsequently wheat advanced and Light 6a ' and speculators may offer bonuses|000 in reconstruction and improve-| General Asphalt -—--..---- 40% | Fie asin 2 = 1.80] &T* moved up 1% and Cluett Pea | sharply as a result of advices that f | | if the pressure of work {s severe, ‘The volume of building may be estt- mated and this pressure measured by the fact that there is a housing definiency which it will require ex- penditures of at least $5,000,000,000 to fill. The greatest lack still is in rest- becrgee buildings. Ifotel, business eftice construction. appears ae in many sections, and there has been a falling off in demand for apartments at the present rates of rent charged in some cities, This has checked construction somewhat in Chicago and other mid-western centers of population. ‘The major part of the spring Dullding activities are pretty sure to be absorbed by the iarger cities. Buflding since January shows that nearly 75 percent of the construction in 280 communities was confined to twenty-five of the larger centers. ‘The volume of building in the larger centers is out of proportion to their ‘\ population and would seem to in- dicate that in the smaller cities the building shortage is not being so successfully relieved. ‘There has been, of course,.a tre- 25 to April 3. ‘The minimum price of 2,020 yen per road gained 32.5 per cent last month over the preceding February with 78,247 cars loaded along its lines and 32,838 from connections, Prospects are for an even greater increase this month over last Maych. SBATTLE, March 7.—Saw mills thruout the north Pacific coast re- gion aro curtailing operations, reduc- ing working hours from two shifts to one of elght hours per day. Ac- Market Gossip On Operations in Oil Fields Franc on Toboggan NEW YORK, March 7,--The French franc continued {ts record breaking decline today, reaching « new low of 3.82 cents. The Bel- gian franc also reached @ new low of 334, Heavy speculative selling abroad as a result of the increase in French note circulation contributed to the decline. Plan Cowley Drilling Expectations are that the Penn- sylvyania-Kentucky Oil Company will start two test wells near Cowl- ey, Wyo., within the next 30 days. Some time this spring this company will drill a well on Torchlight anti- cline and one on Lamb dome, ac- cording to its officials. Marine Oi Operations Increased activity is seen in this ‘week's report of the operations of the Marine Oil company. The re- port follows: it Creek Section 9-38-78—Wolverine DE-1: Waiting for tubing crew. Section 9-59-78—Wolvering 1558— Drilling at depth of 2420 feet. First “Wall Creek sand. Top of first Wall Creek sand 2327. Botton of ‘sand 2420, Total depth 93 feet. Water to top of first Wall Creek. Section 16-39-78-—Mosher 1: Tear- ing down getting ready to move. Mosher 3: Bailing and swabbing Nuld to bottom of casing, Section 17-89-78—Marine 1: Swab- bing laying down tools and running band pump. Section 20-39-78—Taylor 2—Pull- Ing rods, repairing seers line and reparing to pull tubing. ¢ Taylor 6—Hauling in steel rig, BUSINESS BRIEFS ment of plants. Many bankers con- fidently predict construotion this Year will entail the spending of be- tween four and five billion dollars. Some industrial plants, however, are leaving the larger cities in order to find cheaper land. Locall- tles which once were devoted to manufacturing and refining indus- tries have been sought by other tn- terests willing to pay more. The latter im consequence are being shoved into the country. This has been specially ‘noticeable in the chemical and ol! refining in- dustry in this city. Twenty years Ago, 19 per cent’ of the workers in the chemical trades here were locat- ed south of 59th street. Now only about 10 per cent labor In that sec- tion, Yet the total.number of men employed in the metropolitan dis- trict has trebled. Alfred H. Swayne, vice president of General Motors, predicts that the simplification of» railroad - terminal practice will resulf in diverting mas- sed industrial plants of large cities to what he calls “green lands” on the outskirts, These movements are stimulating building in the suburbs 1 shows production was 16 per cent abové hormal and new. orders re- celved 20 per cent below production. Shipments were 33 per cent more than new business, Unfilled do- mestic orders totalled 135,051,451 feet and unfilled export drders 148,- 431,522 feet. NEW ORLEANS, March 7,—The New Orleans port commission is Preparing to sell $3,000,000 worth of bonds to secure funds for the con- struction of new wharves and the purchase of machinery for loading and unloading commodities. PITTSBURGH, March” 7.—The largest agi ite’ amount of pen- sions paid in any one subsidiary of the United States Steel corporation ‘was $367,457 to Carnegie Steel. A total of $1,448,112 was paid pension- ers in 1923, which is an increase of $181,451 over 1922, Other pensions were: American Steel and wire $261,263; American Sheet and Tin Plate $196,228; National Tube $143,- 031; American Bridge $105,416; Frick Coke $103,888; Illinois Steel $85,682 and Oliver Mining and Igon $71,473. and Briefs Engine house completed. Taylor 6— Cellar dug. Hauling steel rig. Sheldon Dome Seetion 3-5-2—Sheldon No, 2—Dril- ling at depth of 3435 feet. pice Wyoming Oils, NEW YORK, March 7.-—-Prices of ‘Wyoming oils at 2 p. m-today were Usted on the New York Curb as follows: Standard Oil) of Indiana, 62%; Boston Wyoming, 1; Mountain Pro» ducers, 18%; Mutual, 12%; Omar, 75; Salt Creek, 21%. Douglas To Collins, James Douglas, bead geologist for the Union Oll company of Califor- nia in the Rocky Mountain region, has moved his office from Casper to Fort Collins, Co'o. He has leased a house in the new Colorado oll town and expects to have his fam- ily there in several weeks. ———_— Foreign Exchange FOREIGN EXCHANGE—Mart --.-.. NEW YORK, March 7.—Foreign exchange easy; quotations in. cents: Great Britain demand 428 cables 428%; 60 day bills on banks 425%; France demand 3.79%; cables 3.80; Italy demand 4.25; Cabies 4.25%. Belgium demand 3.32; cables 3.32%; Germany demand per trillion .22. Holland 87.12; Norway 13.52; den 26.08; Denmark 35.72 land 17.26; Spain 12.16; Greece 1 Poland 000012; Czecho Slovakia 2.89%; Jugo Slavia 1.25%; Austria 0014; Rumania .53; Argentina 34.12; Brazi] 12.00; Tokiq 4414; Montreal 96 21-82, General Electric ~--.-----.. 212% General Motors --.-—.—--- Great Northern pfd ~-.----. Gut States Steel Tlnois Centra} ---. Paper Invinelble Oil .—---------,— Kelly Springfield Tire -—-..- Kennecott Copper ex div. .. Lima Locomotive Middle States Oi! ----.--.-. 5 Missour! Kan., and Tex. new Northern Pacific -—-.--- Pacific Oll ....-------------- Pan American Petroloum B.. Pennsylvania ---------. People’s Gas --. Producers and Refiners Pure Oil ~--------2--~-----— 24% Reading -----------.---—-.. pafen( Iron and Steel -.... Roebu OK eceneecnnneg 90% Bincate Con Of! --.----—--= 23 Southern Pacific .. 87 Southern Railway ------. 49% Standard Ofl of N, J, ----. 38% Studebaker Corporation - 101% 42% Texas Co., ex div, _-.-----_ Transcontinental Oil -.----. Union Pacific ~-.------. U. 8. Ind. Alcohol ~---------. United States Rubber --..__ United States Steel --.-_-__ Willys Overland --.-. ——- 124% American Zinc, Lead and Sm. 8% B Butte and Superior -.—. 171% Colorado Fuel and Iron 31% Montana Power .. National Lead 32 13 Centre] Pipe Line -.. 2.35. 2,25 Consolidated Royalty. 1.27 1.32 COW GUICR o--erccenee 03 04+ DOMIND - weveerecen= 09 10 EOIN ~ --eeceerrene +06 05 E. T. Willams .... +60 61 Fargo -------------. 2 4 Frantz - ---.------. 7.00 GALeS - mencceeenseere 12 FUPHEF - eaveemeeneen 100% 01 inher Coastal ~~. 12 13 Lance Creek Royalty = 02 MATING ~--reneenree-e 3.50 Mike He woqreenenn 00% Mountain & Gulf -.-. 145 1.560 New York Oil ---~--10.50 11.50 Picardy 04 = 05 00% 01% 11,00 12.00... Royalty & Producers . .08% .09% Sunset . -. 01% 03 Tom Bell Royalty -.--. .02 03 Western Exploration . 3.60 3.75 Wyo, Kans .--------- 15 80 Western States -.--. 19 20 YF. L OW cemme non hd, 1s + NEW YORK CURB CLOSING Bid Ask Mountain Producers - 18.50 18,62 Gienrock Oi! -.--—--- 40.60 Galt Creek Prds, - 22.00 22.25 Salt Creek Cons. 8.00 8.75 Prod. and Refrs, 35,00 85.25 Mutual .-...~. 12.50 12.62 8. O. Indiana -. oe 62.75 62.50 POTATOES CHICAGO, March. 7.—Potatoes trading slow, account weather; mar- ket steady; receipts 36 cars; total U. 8. shipments 932; Wisconsin sacked round whites $1.20@$1.35; bulk $1.30@$1.50; few {ancy $1.55; Minnesota an North Dakota. sacked Red River Ohios $1.30@$1.60; Idaho. sacked Russets $2.35. SILVER NEW YORK, March 7,—Bar silver 64; Mexican dollarg 48%, body 1%. Schulte advanced 2 points oO (eee --- - 2 = oe tare Sed es aT and United Drug d, Standard indus: Big Muddy —.--. trials were inclined to shade on prof- Mule Creek it taking. Pacific-Coast broke 314 Sunburst eenenenane----= 95] Points arid Coca Cola dropped 2 to 68, a new 1924 low, Wtah Copper. Famous Players, and Gulf States Steel were heavy. Establishment of Hamilton Dome -~.---------- 1.40 2 record low prices for all times by Pilot Butte -.....-..-_-. 1.10] French and Belgian francs was the Lander -._-.-..-_.-.-.----..- .70| outstanding development in the for- = ee eign exchange market. ‘Trading was relatively quiet dur- Ing the first hour with the recog- LIVESTOCK | [ixnie me, a ee reactionary tendency. Except in a few isolated cases, however, bear Chicago Prices traders apparently abandoned their CHICAGO, March 17.—Hogs—Re celpts 37,000; mostly 10c higher than yesterday's average; bulk 200 to 325 pound butchers 7.50@7.60; top $7.65; bulk desirable 150 to 190 pound averages 7.20@7.45; bulk packing} fore noon, Manati Sugar climbing sows 6.45@6.70; slaughter pigs|]3 points; Associated Dry Goods steady to 25c higher; bulk desirable] moving up 2 to 98%, a new 1924 strong weight 6.00@6.50; big pack-|top, and the Jewell Tea issues, ers talking lower. Heavy weight| Loose Wiles Biscuit, Stewart War- 7.45@7.65; medium 7.40@7.60; light|ner Speedometer and Philadelphia weight 7.10@7.50; light light Coal and Iron selling a point or 7.40; packing sows smooth more above yesterday's final figure. icking sows rough There were a few weak spots, Pa- ughter pigs 4.25@6.50. cific Coast first preferred breaking Cattle—Receipts 4,000; beef steers} 4% points and Packard Motors uneven; less desirable killing quality | dropping 2. Call money opened at considered; market about steady; 44% percent. \ spots weak to lic lower on in-be- twen grades; early top 10.60; few loads 10.00@10.50; bulk fed steers 7.25@10.00; stockers and feeders fairly active;' vealers unevenly higher; mostly 25 to 50c up on good to choice handy weight offerings; Packers paying upward to 11.00: outsiders 1 bulk vealers 9,25@ 10.60; bulk heifers 6.00@7.50, Shep—Receipte 6,000; fat lambs 25 to 50c higher; sheep strong; no early sales feeding lambs; practically none offered; several decks fat wool- ed Jambs 16.50; choice clipped lambs 13.50; choice fat ewes 10.2 Omaha Quotations OMAHA, Neb., March 7.—(U. & Department of Agriculture)—Hogs receipts 18,000; fairly active, mostly Se higher; bulk 220. to 300 pound butchers $7.05@7.15; top $7.20; de- sirable 180 to 210 pound weights 6.75@7.05; less finished grades and Nght lights 6.25@8.75; packing sows largely 6.40@6.50; average cost yes- terday 6.93; wolght 242. Cattle—Recelpts 2,100; moderately killing quality plain; bulk beef steers and yearlings 7.75@9.00; .top steers 9.75; she stock, steady to “ I6c lower; bulls steady to weak,| mixed collateral 60:90 daya 4%; 4.6 vealors, stocker# and feeders scarce,| months 4%; prime commercial paper steady; bulk butcher cows and hei-|@%- ~ fers 4.75@7.00; canners and cutters METALS 2.50@3.75; bologna bulls , 4.25@4.80; NEW YORK, March 1,—Copper practical yeal top 9.50; bulk stock- ers and feeders 6.50@7.25. firmer; electrolytic, spot and nearby 14; futures 14@14%. Bheep—Receipis 7500; active; gen- erally steady; bulk wooled lambs LOLS top 15.65; clipped lambs ‘Tim easier; spot and nearby 56.77 futures 56,87, Iron steady; prices unchanged, efforts to depress the general list because of the strong resistance offered. A revived demand for the Sugar and merchandising issues set & moderate rally in motion just be- 316. Kresge, General Electric, United Fruit, Loose-Wiles Biscult, ‘Soo” preferred and Commercial Solvent B rose 3 to 3%, Central Leather preferred and American Hide and Leather preferred were weak, also, Market Street Katlway prior preferred, United States Rail- ways Investment preferred and Del- aware and Hudson, The closing was trregular. A re- newed demand for Norfolk and Western, which carried it to $1.18% and persistent accumulation of the merchandising issues featured the late dealings. MONEY NEW YORK, March 7.,—Call mon- ey steady; high 4%; low 44 ruling rate 4%; closing bid 4%; offered at 4%; last loan 4%; call loans against acce| 4. Time loans steady; sheep scarce; feeding lambs ipa ; Shearing lambs 15.25, * Denver Prices. DENVER, Colo., March 7.—{U. 8. Lead stoady; spot $9:00@$9.75. Department of Agriculture.)—Hogs —Recelpts, 900; steady to strong; pared ery Snak Ut Louis opt ane top, $7.10 paid for choice 265 pound RAE: AEMONY: NDE TIAGO, averages; bulk desirable 165 to 230 ' $6.75@7.00; few Butter and Eggs 0@ packing sows, mostly $5.75; fat pigs, $5.50@ CHICAGO, March 7.-—-Butter high- er; creamery extras 46%; standards 5.75; few stock kind, $5.00. Cattle—Receipts, 600; calves, 150; 40%c; extra firsts 45% @46c; firsts 45@45%4e; seconds 44@44%c. all classes steady; good cows, §5.35@ Eges higher; receipts 16,289 cases; 5.50; one load averaging 1,099 pounds, $6.00; few good heavy heit- firsts 23% @24c; ordinary firsts 21 @22c. ers, $6.25@6.40; canners, $2.00; odd choice yealers, $11.00; good 300 pound calves,. $7.00; desirable 1,198 pound beef steers, $8.00, Sheep—Receipts, 6,000; fat lambs, strong to 10¢ higher; early top, $15.10 paid for cholee 8&8 pound averages; few others, $15.00; several loads to 99 pound averages, $14.85 to $14, sheep, steady; few fat ewes, 9.25; yearlings, $12.25; aged wethers, $8.50; feeder lambs, scarce. SUGAR NEW YORK, March 7.—The re- fined sugar market was quiet with trading light. List prices ranged from $8.90 to $9.00 for fine granu- lated. Refined futures nominal. Sugar futures closed barely steady. approximate sales 41,000 tona. May $5.44; July $5.48; September $5.47; December $4.96. COTTON NEW YORK, March 7.—Spot cot- ton quiet; middling $28.15, —_——— NOTICE OF SPECIAL MEETING. All applicants for organization units in the Mining Development company of Wyoming, a common Law Trust are hereby notified that @ special meeting will be held at.610 East Second street, Casper, Wyo., 7p. m., March 8, 1924. J, M. BROWN, Sec.-Treas, Publish March 7, 1924, pn PALS te a Flax DULUTH, Mipn,, March 7.—Close SB $2.57%; May $2.57; July $2544) TOO LATE TO CLASSIFY ———— FOR SALE—At sacrifice, size 38 man’s dress suit and white vest. Phone 1786R. 7 FOR RENT—Jackson apartments, two-room apartments, furnishe under new management, all neat, clean and convenient. on bus line; very moderate price. See them at the apartments or phone 1872W. Popular Shares outside of Nor- Nfolk and Western showed little re- flection of the buoyancy which de- veloped in many specialties after midday. Woolworth jumped 6% to in the last few days 2,900,000 bush: els of Canadian wheat had been pur- chased for May-July shipment to Europe. The close was strong. % to 1%e net higher, May $1.12%@% to $1.12% and July $1.12%@% to $1.12%. Fair buying on the part of com- mission house’ rallied the market later, Lightness of receipts helped the bulls. The close was unsettled at the same as yesterday's finish to %@ Xo lower, May 80% to 80%c. Oats started unchanged to %c higher, May 47%a, and then under- went somewhat of a sag. Prohibitions were firmer in lne with hog values. High Low Close WHEAT: 111% 1.11% 1.10% 1.11% 111% 1.11% 141 1.11% 1.12% 112% 141% 1.12 80% .81 80% 80% 31% 81% 81.81% 81% 81% 81% 81% 41% ATI ATH 47% AB AB ABS AB AZ% AZM 42% 42% 11.35 11.30 11.32 11.57 11.52 11.55 9.85 9.85 Cash Grains and Provisions. CHICACO, March 7.—Wheat—No. 2 hard, $1.12%@1,15%; No. 3 hard, $1.10% @1.11, Corn—No. 3 mixed, 77@77%e; No. 3 yellow, 77% @78 te. Oats—No. 2 white, 47% @48%c; No. 3 white, 46% @47%c. Rye—No. 3, 70c. Barley—67@8s0c. Timothy seed—$6.50@8.25. Clover seed—$16,50@23.50. Lard—$10.30. Ribs—$9.62. Bellies—$10.25. BRIBE CHARGE BRINGS DENIAL (Continued From Page One) man of the house public lands com- mittee and represents the tenth Kentucky district, His is in Pikeville, Representative Zihlman is chairman of the labor committee, represents the sixth Maryland dis- trict and lives at Cumberland, Department of Justice officials had before them today a demand from the house that they disclose the names of the two representatives charged in a Chicago grand jury's report with having accepted bribes. The house acted unanimously yes- terday after leaders had learned the grand jury to be assembled here to investigate these and other charges in the Chieage report could not be expected to reach a conclusion with. in a month. DAUGHERTY Is SILENT TODAY (Continued from Page One) from these witnesses was not dis closed. The subpoenas wore issued at the request of Senator Wheeler, Democrat, Montank. The Committee hopes to qpen hearings Monday or Tuesday. CONVERSE DAIRYMEN TO SEEK MILK MART HERE ' LAPRELE, Wyo. March 7.—A determined effort will be made among the farmers of this com- munity to supply Casper with a part of its milk. The possibilities of this market were clearly shown at a recent dairy meeting here. Dr. foe, Casper dairy inspector, and M. Penley, Natrona county mt, were both present, urging that there be more dairying activity in this region. Western Union 6% ~~~... Westinghouse Electric Ts ----- Wilson and Co., ev., 6s -----—. Wool Trading Quiet, But Prices Continue Strong BOSTON, Mass., March 7.—The Commercial Bulletin will say to- morrow: °: “The eastern wool markets have passed through the quietest period which has been experiented for some time, but prices keep steady, as a reéult of the strong statistical position of the market for raw ma- terials and the keen demand for wool still existing In Europe. Al) of the foreign markets are in fact, strong. “The goods market, so far as sur- face conditions indicate, does not warrant any undue optimism about the future but it appears that the demand for dress goods is develop- ing more rapidly than has the call for men's wear lines. “In the west, contracting has spread out and dealers are taking wool. wherever a price is ‘ible that is reasonably close to A parity with the eastern seaboard markets. “Mohair is rather slow but very firm.” The Commercial Bulletin will pub- ush the following wool quotations tomorrow: Domestic: Ohio and Pennsylvania fleeces: Delaine, unwashed, 56@57c; half blood comin; 56@ three eighths blood. combing, B6@57e; quarter blood combing, 53@54c; fine, unwashed, 50@5ic. Michigan and New York fleeces: Delaine, unwashed, 54@65c; fine, un- washed, 48@49c; half blood, un- washed, 64@56c; three eighths blood, unwashed; 55@56c; quarter. blood, unwashed, 53@54c. Wisconsin, Missouri and average New England: Half blood, 63@54c; three elghths blood, 65@56c; quar- ter blood, §52@53c. Scoured hosis: Texas: Fine, 12 months, $1.30@1.35; fine, 8 months, $1.15@1.2! California: Northern, $1.30@1.35; middle county, $1.15@1.20; southern, $1.05@1.10. Oregon: Eastern, No. 1 staple, $1.35@1.40; fine and fine medium combing, -$1.30@1.35; eastern cloth- ing, $1.15@1.20; valley, No. 1, $1. ‘erritory: choice, $1.40@ ing, $1.28@1 combing, $1.10@1.15; quarter combing, 96@97c. Pull Delained, $1. $1.25@1.30; A supers, $1.15@1.20. Mohair: Best combing, T8@83c; best carding, 70@75c. Montana, fine staple 2; half blood comb- hree eighths blood blood @1.40; AA, Commodity Fruit Trade News NEW YORK, March 7,—Continu- ATLANTA, March 7.—The Orien-| ed scarcity of rice in this market ia tal peach moth, a pest brought to this country from Japan, has ap- peared in the Georgia fruit belt, ac cording to the state board of en- tomology. A 30 per cent damage to the 1924 peach crop is feared uniess the pest is combatted’ vigorously. Potatoes PORTLAND, Ore., March 7,—De- mand for potatoes at Oregon coun- try points exceeds the supply. Re- ports received today show that pur- chasers are paying from $1.50 to $1.75 for United States number one FOB main line points, Rice NEW ORLEANS, Merch 7.—Fur- ther advances in rice quotations-are looked for here. Prices have ad- vanced one sixteenth to one eighth of a cent, with fancy blue rose sell- ing up to 5%. keeping prices firm. All blue rose grades are in good demand. Automobiles NEW ORLEANS, March 7.—An excellent spring trade in automobiles is expected by local dealers, Febru- ary sales were the best in months Canned Goods ST. LOUIS, March 1,—TAmited supplies of canned goods in the hands of retailers and jobbers were reported here today with prospects good for an increased business, NEW YORK, March 1.—Buying of canned foods’ in this market con- tinues on hahd to mouth basis, with a somewhat broader inquiry for futures. Some advances are being made tn canned vegetable quota- tions. TEAPOT sh OGK NEW AILMENT (Continued from Page One) Meanwhile it begins to look as if the Teapot Dome inquiry will be overshadowed by the veterans bur- eau inquiry and that the real politi- eal dynamite for the coming cam- paign will come out of the latter. Indeed, the re: of the drive against Attorn neral Daugherty {s attributed to the reports that the veterans bureau scandal has already involved some men who. were #0 close to the attorney general as to excite public curosity concerning Mr. Daugherty’s knowledge or lack of knowledge of their doings. Is a man responsible for what his friends do? Public officials know that on the fringe of the government are fnany who trade on their friend ships. Discussion of a successor to At- torney General Duugherty has beon Boing,on in administration quarters on the assumption that the retire- ment of Mr. Daugherty before long inevitable. The mention of the name of Judge William Kenyon who resigned as United States senator from Towa to accept an appointment from President Harding to the Fed: eral bench has in {t interesting pos- sibilities. It is doubtful however whether Judge Kenyon would ac cept. He left the senate largely he- cause he wanted to oscape from the political melee. He was then leader of the farm bloc, in fact he was its main spring, There’ was talk “of Kenyon for president on the Republican ticket in 1920, Judge Kenyon has the con- fidence of western Republicanism whose aid is so vital to the decision of the next presidential contest. In- deed, a ticket composed’ of Coolidge for president qnd Kenyon for vice President would be a diétinct ad- vintage to the Coolidge campaign. Acceptance of the portfolio of at- torney general -might bring such confidence throughout the country in the administration of the depart- ment of justice as to warrant the Coolidge,supporters in urging Judge Kenyon to leave the bench, take the attorney generalship and: win the vice presidential nomination. Mr. Kenyon was an assistant at- torney general in the Taft adminis- tration and made a splendid record in prosecuting the trusts. Judge Kenyon did not partictpate . in the selection of Mr. Brookhard as Republican senator from Iowa but he-was-nat displeased by the choice. He is by no means unsympathetic with the Brookhart attitude, some- thing which the conservatives of the east would have to swallow if they drafted Kenyon, . INCOME TAX SERVICE 6. H. REIMERTH Certified Public Accountant 400—401 O-S Bldg. ‘ Phone 767

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