Casper Daily Tribune Newspaper, March 13, 1924, Page 9

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THURSDAY, MARCH 13, 1924 CRUDE OIL OUTPUT ‘HIGHER FOR WEEK Increase of 13,500 Barrels Daily Runs Reported From Fields of NEW YORK, March 13.—The dally average gross crude of! pro- duction of the United States in- creased 13,500 barrels for the week leur Institute. The daily average production east of the Rocky Moun- tains was 1,262,100 barrels, an in- crease of 23,300. California produc- tion was 654,350 barrels, an increase of 8,250. Oklahoma showed a dally average production of 403,150 barrels, in- crease 1,000; Kansas 69.700, in- crease 500; north Texas 66,000, de- crease 1,500; central Texas 229,350, increase 28,250; north Louisiana 50,600, decrease 300; Arkansas 124,- 250, decrease 2,000; Wyoming and Mon- tana 125,350, decrease 4,200. Daily average imports of petro- leum et principal ports for the month of February were 273,172 barrels, compared with 216,613 for January and for the week ended March 8, 279,857 barrels, compared with 351,143 for the previous week. Daily rage receipts of California off at Atlantic and Gulf Coast ports for the month of Febriary were 194,690 barrels, com- pared with 178,935 for January and for the week ended March 8, 161,000, compared with 193,714 for the pre- ‘vious week. Pennsylvania crude oll is now be- Shale Oil Industry Far From Profitable, Said Means of fully utilizing the by- Products from oil shale must be well developed before the shale oll in- dustry can be considered a profit- ‘able one. In discussing this matter in a recent bulletin prepared with the assistance of the Utah State School of Mines, the following points “The oil shale work ts primarily study of fundamentals. It ts agreed by those who have studied the economic situation with respect to of] shale that one of the big fac- tors of commercialization will be the possibility of producing valuable by- ‘Products. In Bcotland, for example, @mmonia is one of the valuable oe in @roducts produced retorting shales, but whether it ts possible to produce ammonia commercially Shoes. MINNEAPOLIS, March 13.—Re- tail shoe prices will not be reduced this year but will be stabilized at present levels, according to speak- ers.at the convention of the North- western Shoe Retailers’ association here. ou. SHREVEPORT, La., March 13.— ‘The advance of 16 cents per barrel WICHITA, Kans., March 13.—A tremendous acreage blocking cam- paign is going on in western Kan- sas discovery of commer-. cial of] wells in Russell and Rice sounties and the finding of a good oll and gas showing in Barber county. Automobiles. DETROIT, March 13.—The Willys- Overland company has increased Prices on two of its models and has reduced the price on another model, it Is announced. The Willys Knight sedan has been cut $100 while the ‘Willys Knight touring car has been increased $25. ST. LOUIS, March 13.—Automo- bile licenses issued in St. Louis in February totaled 53,706, an increase glass has slowed down slightly. Market Gossip and Briefs On Operations in Oil Field MetaLiferous Leaso George C. Davis of Tie Siding, Wyo., has been granted a prospec- land office on all of section 16-12-73, Mica Lease Granted. A lease on state land has been awarded the United States Mica com- pany of Wyoming at Laramie. This grant includes the west quarter of section 16-19-83. Coal Prospector’s Lease To Carl Benditz of Sheridan the state has granted a lease of all soc tion 16-54-53. New Mexico Strike | Ol rose 500 feet in 10-inch casing : New York Stocks Last Gale Alliea Chemical & Dye -..._ American Can American Car & Americazi International Corp. American Locomotive ex div American Smelting & Refg. American in Pipeline = Coun! indies .__ Baldwin Locomotive -...___ Baltimore and Ohio Bethlehem Steel -. California Petroleum —-...___ Canadian Pacitio — Centra] Leather This week's issue of the Inland Ol Index will contain the following | Cy7"°,,0° Pasco Copper data on pipe Iine runs: : lor Motors manna Average daily pipe line runs in Chesapeake anc Ohio -.-.... the various fields in. the Chicago and Northwestern __ Mountain region for the week ended | CD'cas0, Mil. & St. Paul pfd March 8 showed a decrease of 2,300 | Chicago, R. I. and Pac. ---. bartels, the record for the week | Chile Copper --_ being 130,795 barrels, as compared | Chime Copper —-__ with 139,095 barrels for the preced- | Consolidated Gas _. ing week. Comparative daily runs ak cn - for the weeks ended March 1 and Crucible aE Mar.1 Mar. §| Cuba Cane Sugar pfd. -_.._ ~-------100,620 101,700 | Erie Teapot ---1___.. 3,800 Big Muddy ----. 3,900 Grass Creek ....... 3,000 Elk Basin -....... 1,415 Greybull, etc. -..... 145 Rock River -.-.. 3,865 Lance Creek -.-.-.. 2,300 Poison Spider 5 ing quoted for the Bradford district $4.50 a barrel and all other grades Midcontinent was advanced and is now being quoted from $1.25 to $2.25 a barrel, according to the gravity of the oll. 1.450 | General Motors — 155 | Great Northern pfa —_. 3,400 | Gulf States Steel 1,975 | Ulinots Central 820 | Inspiration Copper 600 | International Harvester 500| Int. Mer. Marine pfd -. 400 | International Paper 86 | Invincible Ol - — 3.450| Kelly Springfield Tire... 165| Kenneoptt Copped 0 | Limo Locomotive .-. — 375 | Louisville and Nashville ____s$ 725 | Mack Truck ... Marlan? OW) .. 130,795 | Maxwell Motors — Middle States Ol) —____ Missour! Kan. & Tex. new__ } M’ssouri Pacific pfd. New York Central ~~. W.. Y2 #, and Hartford__ Norfolk and Western Northern Pacific Pacific Oil ~.... Pan American ePtroleum B Pennsylvania from our American shales ts stil! a| People’s Gas matter for the chemist and en-| Producers and Refiners ~ hjrein Renting, x pen ipod ee for the treatment of oll shales will] Sears Roebuck ----—--.-_. need to have more definite informa-| S'nclatr Con. Ol ---—-------- tion concerning the conditions of| Southern Pacific ---—-——__- best. yield of ammonia than is now| Southern Raf'way ---________ available in ‘our technical itefature, | Standard Ol! of N. J. -—--- ‘The very chemical conditions them-| Studebaker Corporation selves which occur in the transfor-| Texas Co. mation of the organic matter of|Texas and Pacific ___. shale into useful hydrocarbons has} Ttbacco Products A - never been adequately worked out.| Transcont'nental Ofi -—~---- ‘The nation will probably first} Union Pacific - develop an oll shale industry to pro- S. Ind. Alcohol ...--—--- duce motor fuels, but it will be the| United States Rubber ---2_. ammonia, heavy oils, tars for dyeg|'!nited States Stee! -_--—_— and p! pear which will a er deece Sees ultimately make industry pos- Inghouse sible." id re Willys. Overland -.-.------~- American Zino, Lead and Sm. Butte an@ Superfor -------. Colorage Fuel and Iron ...--. Montana Power National Lead Shattuck Arizona -_-----_. —_—_—_——XS—X—X—X—X—XS_ 85 in " ")[ Standard Oi Stocks | Hay. CHICAGO, March 13.—Hay mar| angio |___s 16% 017 ket still is feeling the effects of the| Buckeye 70% 71 heavy snow which has checked buy: | Gontinental — 48 «649 ing all week. Unloading prices are|Gumberiand ~~ 135 137 firm. Galena -_.. 61% 63 Uunots -. 140 «(145 Mil. t SUREMENT * ST. LOUIS, March 13—The price | 74M = sate of certified milk will be reduced) y ‘tran. 81 4 cents to 20 cents a quart retail on | 17, Pipe --. Sag March 16, it was reported here to-| O10 on day. Prairie Oil SEI Prairie Pipe Solar Ref, Sou. Pipe ~--. 8. 0. 8. Osage ---.. Hamilton Dome .. Lander Pilot Butte Ferris ....-..-.... Cat Creek --.—~... Kevin-Sunburst -.. Miscellaneous 4,775 650 700 65% “RB Totals --~.----—-.183,095 Still year. licenses for 1,727 against 6, February last year, Cotton. INDEPENDENCE, Kans., March 13.—Montgomery county farmers are interested In cotton growing plan to increase their acreage this year. Last year 400 acres were planted. Farm Implements. NEW ORLEANS, March 13.— Distributors of farm implements re- port that sales of new parts of im- plements to repair old tools is ex- ceeding the sele of new implements. CRUDE MARKET Window Glass. PITTSBURGH, March 18.—Win-|Cat Creek ---~------~---------$1.95 dow glass plants continue at capa-| Lance Creek ------------—-— 1.90 city. This is also true of plate| Osage glass plants which are going at full] Grass Creek light speed, with prospects that the pres-| Grass Creek, heavy ---—--. ent average will be maintained for} Torchlight —-—~-. some time. Demand for building} Greybull Elk Basin ------.. Rock Creek - Salt Creek ---------——--—-—. Big Muddy -—. Mule Creek Sunburst Hamilton Dome -.. Ferris . -----------—---------- Byron Notches Pilot Butte Lander from a depth of 820 in the test well of Rattlesnake dome in beadghte New Mexico several days ago. The Producers and Refiners are the op- POTATOES erating company, working in an agreement with the Santa Fe Oil] CHICAGO, March 13.—Potatoes company, the lessees. Test of the| trading slow. Market steady; receipts ity to be 64.2 degrees, Whether or| 40 cars; total U. 8. shipment 853 not the bit penetrated a stray sand| Wisconsin sacked round whites oil made in Denver reveals its grav-| ¢1.20@1.40; bulk $1.25@1.45; Minne- or the expected Dakota, has not been | sota and North Dakota sacked Red determined. Only the top of the pro-| Rivers, $1.20@1.35;; Michigan bulk ducing sandstone has been opened.| round whites $1.30@1.40, Keser Sot eid A string of 8%-inch casing is to be SILVER -——.— —- run and the sand drilled through Casper Monument Works NEW YORK, March 13.—Bar for a complete tryout of its thick- hess and oil content, 508 South Conwel Phone 2542silver, 63%; Mexican dollars, 49%. de Casper Daily Cribune Bid Ask 09 Consolidated Royalty. 1.29 Cow Gulon .-------. .03 Domino ~-.. Elkhorn Fargo -----------—--. Franta ~~~. = 03 Marine ---~-------- 3.60 8.75 Mike —---——-— 00% 01 Mountain & Gulf -... 1.25 1.50 New York Oli —----..11.00 12.00 Royalty & Producers — Sunset <-.. Tom Bell Western Exploration Wyo. Kans ..._-_ .75 Western States -... FY. Ol peaccetecmscnss J NEW YORK CORB Mountain Producers — @enrock Ol) -_-.. Salt Creek Prds. a LIVESTOCK CHICAGO, March 13.{U. 8. De- partment of Agriculture}—Hogs— Receipts 34,000; very slow, steady to strong, with yesterday's best time or around five cents higher than the close; bulk good and choice 240 to 825 pound butchers 7.50@7.65; top 7.55; better grades 180 to 225 pound averages largely 7.40@7. desirable 150 to 170 pound w mostly 7.00@7.35; bulk packing sows 6,35@6.60; killing pigs steady, with yesterday's close or 25c lower than early Wednesday; bulk desirable strong welght 5.75@6.25; big pack- ers inactive, talking lower; heavy- weight. 7.35@7.55; medium 7.30@ 7.60; Nght welght 6.90@7.45; light ght 6.00@7.21 packing — sows smooth 6.50@6. packing sows rough 6.25@6.50; slaughter pigs 4.00 @6.25. Cattle—Receipts 9.000; beef steers fairly active; 10 to 15c higher; spots more; practically all grades show- ‘ng advance; top matured steers 12,00; average weight 1 jong yearlings. 11. yearlings -60; handy weight choice bulk fed steers 8,00@: ing quality generally plain; stockers and. feeders moderately activi steady at week's uneven downturn: fairly broad demand for fat tock, canners, cutters and bull: latter class strong; heavy bolognas 5.10 and above; vealers very uneven mostly 50c lower; packers taking bulk desirable 100 to 110 pound calves at 9.00@9.50; medium lights downward to 8.50 and below; ship- pers selecting few 140 to 150 pound upwards to 12.00 and above. Sheep—Receipts 12,000; fairly ac- tive; fat lambs uneven, wooled kind weak to 25c lower; shorn lambs steady to strong; fat sheep steady to 2c higher; feeding and shearing lambs around steady; bulk fat wool- ed lambs 15.00@15.75; one load to shippers 15.85; choice clipped lambs 13.50@18.75; fat wooled ewes in odd lots upward to 10.50; clipped ewes 8.50@! clipped wethers 9.50; shearing lambs 15.50@15.75. early steady to 10c higher, top $7.25 paid for choice 215 pound averages; bulk of 180 to 250 pound averages $6.90 to $7.15; few light lights $6.25; fow 168 pound weights to shippers $6.30: packing sows general $5.75; fat piss mostly $5.75 to $6; few stock kind $5 to $5.25. Cattle—Receipts 1,100. calves 100: steady tg slow; no early sales; fat she stock active strong to lhc high: er; best helfers $7. others $6.25 to $7.35; early top cows $5. plain to good kind $5 to $5.75. mixe@ cows and heifers $6.10 to $6.25; bulls strong; heavy horned westerns $4.85; other classes steady; canners and cutters $2 to $3.25; better grades vealers $10 to $11. yearling stock- ers $7; two year olds $7.2 Sheep—Receipts 1,100; bulk of run ‘still back; no early sales under- tone steady slightly lower on fat lambs, sheep and feeder lambs aro scarce. oo Butter and Eggs CHICAGO, March 13.—Butter higher; creamery extras 47c; stand- ards ; extra firsts 46@46%c; irets 450@45%c; seconds 44@44%4c. Eggs lower; receipts 13,856 cases, Firsts 220; ordinary firsts 20@20%c, ———— Producers in Kansas Lease on a total of 2,100 acres in the new discovered oil pool district 1ssell county, Kansas, has been the Producers and Refiners A contract for drill. the first well on this land has Penetration to a depth of t is required, with spudding to start April 1, ing MARKET SHARES CLOSE HIGHER Easy Money and Good Trade Reports Bring Strong Buying Tendency NEW YORK, March 1%.—Inau- guration gf dividends on Southern Rallway common brought strong buying support Into today’s stock market which moved to higher ground. Bullish operations were enccuraged by the overnight an- nouncement of the $100,000,000 bank credit to France, easy money rates and favorable trade reports. Sales approximated 700,000 shares. —— NEW YORK, March 13.—Over- night announcement that American| 1.07, was fdllowed by an frregular Chicago, Mil., and St. Paul, ev. GRAIN MARKETS ARE UNSETTLED Wheat Shows Low Price Record During Day and Corn Is Erratic CHICAGO, March 13.—Decided fresh breaks in the price of wheat took place today during the early dealings, with fluctuations very rapid. Heavy selling orders through commission houses outweighed all! other factors. Apparently much of the selling was of a liquidating character by hoiders who had given up belief in prospects of an advance in prices. The opening, which from % to ‘%c lower, May’ Ca: ranged $1.06% to 1.06% and July $1.06% to Ceechoslovak Dominion of Canada French Republic, 749 Japanese, 48 -..........__... Kingdom of Belgium, &% Kingdom of Rep. of Chil Stato of Queensland és --.- U. K. of G. B. and I, Sia Ralway and Misceliancous American Smelting, 5s American Sugar, 6s American Tel. col., Anaconda Copper 7s, Anaconda Copper, 6s, 196 oo At. T. and San. Foe., gen. 4s -. Baltimore and Ohio cv 4%s -—-.-.. Beth‘ehem Steel con., 6s, Series A -. Chicago, Burlington and Quincy ref. 4 bankers had given a credit of not| downward swing that in some cases Chile Copper, Js .__ less than $100,000,000 to the French government imparted a strong tone to opening prices in today's stock| quently, weakness intensified, and| Montana Power, market. General Electric advanced 2 potn Otis Elevator 1%; Union Pacific 1% and Norfolk and West- ern 1, while most of the standard industrial improved fractionally. The undertone continued strong throtghout the early dealings al- though the volume of trading was relatively Ught. General Electric tor to 2%. Gains of a Dolnt or so were recorded by U. 8. Cast Iron Pipe, Baldwin, American Can and Crucible Steel. New Or- leans, Texas and Mexico and Brook- lyn-Manhattan transit preferred each dropped about a point. Anoth- er sharp recovery in French francs feattired the forelgn exchange mar- et. Morning trading which had been rather lethargic, was enlivened by the inauguration of dividends on Southern Railway common, that stock immediately jumping four points to 55, a record high, on heavy transactions. New 1924 highs were established by Woolworth at 382%, up 4%; Fisher Body at 215, up 5%; Magma Copper at 35%, up 1%; and New York Dock at 25%, up 1%. The plethora of money svallable for stock market purposes 28 reflected in the renewal rate of 4 per cent for call funds, also en- cfuraged operations on the long side, Buying of DuPont, which ad- vanced 3% points, followed the re- ported accumulation of General Motors by banking interests, DuPont being the largest nolder of General Motors stock. Strength of South- ern Railway helped other rails. Bear operators began to test the, market when Southern railway yielded on profit taking after the dividend announcement. Prices, how- ever, did not yield much and when the shorts began to cover later, they found stocks rather scarce and were forced to bid up several of the lead- ers sharply to get a supply, notably Baldwin. United States 1 and American can. ‘The closing was strong. Expand- ed pool operations resulted in an: other rally in the late dealings, jeneral Electric jumping five points and United States Cast Iron Pipe, American Can, Colorado Fuel and Davison Chemical climbing two. points or more. , MONEY NEW YORK, March 13,—Call money, easier; high, 4; low, rul- ing rate, 4; closing bid, 4; offered at 4%; last loan, 4; call Joans against acceptances, 4; time loans, steady mixed collateral, 60-90 day: 4%; 4-6 months, 4%; prime commercial paper, 4%. so EE Woman's Glendo Leases Several hundred acres of leases | “>! have been tied up in the Glendo dis- trict by the Woman's National Oil company which has been drilling test of the Fiddleback structure 50 miles northeast of Douglas, accord- ing to reports from Douglas. ——_—___—_. * MINNEAPOLIS, Minn., March 13, —Flour, unchanged to 100 lower, family patents, 6.40@6.45; bran, 23.00, Seetanneneeseneeeed Probably the only professional baseball club in the country having a clergyman for its president is the Easton, Md., club, which expects to have @ berth in the Eastern Shore league the coming season. The same club, as an additional claim to fame, has as its manager the renowned J. Franklin (Homerun) Baker. Pied Type ‘The tragedy of any printing of- fice ts to “pie” a galley of type. “Pied type’ means some one’s foot slipped and a galley of type is scattered in a confused -heap on the floor. Advertising merchants have learned that type is one of the most powerful forces in the up- building of a business. But in too many cases these typed messages are so far be- tween and irregular that the mes- sages are “pied or jumpled up with many other things In the readers’ minds. The great principles in adver- tising are regularity, consistency, continulty. Constant, fresh, up to date store news fg just as necessary as the latest. in general minds of the publ me The advertiser s! goal to reach and vertising campaign news th reagh plan to went lic under yesterday's finish. | CHICAGO, Mah 13. e- the market fell lower than at any time since August 7, last. Rallies, however, resulted from estimates that 2,000,000 bushels of Canadian wheat had been bought for ship- ment to Europe, The close was unsettled tye to %c net lower, July $1.06%. Oats and corn dropped with port which, at around 79¢ for May, led to something of a rally. After, opening at a shade to %c off, May 79% to 80c, corn suffered an all fround setback of about 1c before the market began to recover. Later, the corn market rallied ac- coant of smallness of receipts. Bears failed to any headway by talk of substituting rye for corn though all deliveries of rye were selling here today at a new low record price for the season. Corn closed unmttled at the yesterday's finish to K@%c lower, May 89% @ ‘ Oats started unchanged to 4c off, May 45% to 46c, and later showed a moderate general lo: Provisions were « weakness of grain and hogs. Opening High Low Closing WHEAT: May July 1.06% 1.05% 1.06 1.07 1.05% 1.06% 1.07% 1.06% 1.07% 80 80% 80% 18% 9% 19% 79% 30% 80% AB% | 44%) Al% 46 45 At 45% 44% Al 11.07 11.27 11.12 11.85 11.07 11.27 9.67 9.67 9.67) 10.00 | BELLIE! May July ----- 10.85 10.75 10.32 10.62 10.82 10.65 10.75 CHICAGO, March 13,—Wheat— 2 hard, $1.05%@1.10; No. 3 3 mixed, No. hard, $1.03%, 77% @78c; IT%O7B%C. Corn—No. No. 8 yellow, Oats—No. 2 white, 46@47%c; No. white, 45@46c. Rye—No. 1, 65%c. Barley—68@80c. Timothy seed—$6.00@8.00. Clover seed—$16,50@23.50. Lard—$10.87. Ribs—$9.87. Bellies—$10.25. | Foreign Exchange ) NEW YORK, March 18.—Foreign exchanges, irregular. Quotations in cents: Great Britain, demand 429%; cables, 429%; 60-day bills on banks, 427%. France, demand 4.39%; 4.40%. Italy, demand 4.27%; 4.28%. Belgium, demand 3.57%; cables, 8.58%. Germany, de- trillion, .22. Holland, 13.48. Sweden, 15.61. Switzer- Greece, 1.54. Poland, .000012. Czecho Slova- kua, 2,90. Austria, .0014. Jugo Slavia, demand 1.24, Rumania, ‘52%. Argentina, 383.75. Brazil, 11.00. Tokio, 42. Montreal, 96 19-32. “STORY OF PETROLEUM WILL BE SHOWN SUNDAY NOON AT THE AMERICA Through the activities of the Wyo- ming Petroleum club and its spe- clal committee of which George Jar-| vis is the chairman, arrangements! have been made to show a four-reel Bureau of Mines film, “The Story of Petroleum.” at the America the- ater next Sunday at 12:15 o'clock noon, There will be no extra ad- mission charge because of the show- Ing of this picture. In other words, through the courtesy of George H. Stewart of the Amera theater, the public ig given an opportunity to see this highly educational film) at no cost. ! Prospectt drilling, bringing in and operation of wells, transporta- tion, refining and distribution of oll are the major phases of tho oll in- dustry and it is around these {mpor- tant operations that the “Story of Petroleum” is built. It is the desire of the Wyoming Petroleum club that every person of Casper attend the show! picture. Large atten ” inging o Mines films ho {s at all inte y will fall to t. an offert: to Casper. ted in the advant- "$4,100 cash for some bonds, Goodyecr Tire, 8s, Great Northern, Northern Pacific ref., 6 Northwestern Beil Tel., 7a —— Pacific Gas and Electric is Penn R. R. gep., 6s Sinclair Con. Ofl., col., 7s — Southern Pacific cv., 48 - Union Pacific first 4s U. S. Rubber, 5s -..- Utah Power and Light, 5 Weetern Union 6%s . Westnighouse Elect *) Wilson and Co., cv., 6s .. nadian Pacific deb., 49 ---~..-~~-. 93% 80% 8315 87% 110% 107% 94% Midwest Drills in Well For Mountain and Gulf One Salt Creek completion credit- ed to the Mountain and Gulf com- pany, is reported by the Midwest Refining company. This is well No. 23-A, SW of section 6-39-78, drilled in at a depth of 2,132 feet. The producer will re’quire a shot of nitro, Other Midwest operations are shown as follows: Nieber Dome—Test feet; drilling. Grass Creek—19-A Meeteetse 15, 3,938 feet; drilling. Baxter Basin—Well 6X, NEY of section 11-17-104, 3,365 feet; under- well, 3,485 Mexico—Hogback No. 7, NE of section 19-29-16; spudded tn now drilling at 15 . BUSINESS BRIEFS NEW ORLEANS, March 13.—Bus- iness is aln.ost at a standstill In t! section of the south. A representa- tive of one of the largest jobbing houses here who has just returned frome trip through Mississippi and Loulsiana sald today that business jin the rura] communities and most of the large towns is at its lowest ebb since tio spring of 1921. The backwardness in farm work, unsea- sormble cold and the small returns he received from last year’s crops are making the farmer very careful about tncurring new debts, he said. Retail trade here fel! off consider- ably during the last week, a cold snap checking the sale of spring goods, which was just beginning. SHREVEPORT, March 13.—Twen- ty carpenters employed by the Cen- tral Contracting company here are on strike because members of their craft In Houston were called on by the company to hang metal doors, which the sheet metal workers con- tend is in thelr lin 100 men places. are affected in the two ATLANTA, March 13—There has been no change since January 1 in cash rents; land values or farm wages in Georgia, according to a survey of the cooperative crop re- porting service, made public today. PHILADELPHIA, March 13.— The taxable value of real estate in Philadelphia for 1924 shows an in- crease over last year of $309,943,- 469, according to a report by the board of revision of taxes. Total assessed value of taxable real estate is $2,630,833,197, ST, PAUI. March 18.—The con- tract for building the first main unit of the new Ford plant has been awarded to the George G. Grant Construction company of St. Paul and Winston Brothers of Minneap- ols, The contract price ts $1,250,- 000 and the unit ts to be completed More thanby November 1. THRIFTIEST PEOPLE FOUND IN WOMEN AND GIRLS THROWN ON OWN RESOURCES, FIGURES SHOW By J. P. YODER. (Copyright, 1924, Casper Tribune.) CHICAGO, March 13—Working men’s wives, waitresses, school teachers, house maids, cooks, shop girls and other women thrown on their own resources in professional, commercial and industrial life are the nation’s thriftiest persons and greatest savers. They are, further- more, the country’s most astute in- vestors, according to Miss Katherine L. Berry, head of the women's de- partment of @ large Chicago invest- ment company who todey complete a aurvey of months. ? Miss Berry will publish the re- sults of her study at the end of this week in @ report which ultimately will find its way into the record of the American Bankers’ association. Miss Berry's data indicates that the habit of saving, born and developed during the war through liberty bond and war saving certificate sales has grown particularly among the classes of women mentioned, and that it has greatly curtailed, with actual benefit to business, lavish- ness of dress and costly, unnec Sary persona] adornments. Such women are not only more consis- tently careful and selective in their spending, but they have more to spend through careful investment and returns it brings, Miss Berry says. She found that the rank and file of men do not show anywhere near the record of these women. Several spectacular examples of saving and investing by women in so-called humble walks of life are cited. There is the instance of a Chicago waitress who today has $100,000 of first marriage mortgage real estate bonds in a safe deposit vault. “Miss Rerry refused permis- to publish names for obvious woman er dréss altering local store has $30,000 in curities. A a the big h 6 paid nploy depa cook recent All had started “on a shoe string” as the saying goes. “Of course the three specific ex- amples cited are unusual as to the amount saved but there are thou- sand who hav saved more on tho average than the average for men in similar strata of society,’ said Miss Berry. “My survey shows working men’s wives have done wonders with money given them to finance the households, Ends are made to meet conveniently by care- ful and prudent planning and a sur- plus is saved to buy bonds on partial payment plans, “Women of these classes particu- larly develop a positive obsession to buy securities and clip coupons after the first two or three times. And they unconsciously are developing their own systems of immediate re- investment. of a certain percentage of the coupon money—a big percent- age of it. “This saving and investing which is becoming so widespread, does not mean that reasonable pleasures and luxuries are being sacrificed for they are not. There is nothing in a s of ‘ness. The mes of these peov'e bespoke the good things they are having of life, and the solfdness of their status as units of the st: “It speaks well, too, in telling way, for the bed rock sound- ness on which our present business and commercial prosperity is being bullt.”” a most METALS N YORK, March 13.—Cepper —Hastler; electrolytic, spot and fu 14. Tin—We and neart 9.00@ East St. Louis spot nnd nearby, .6,50@6.55 Antlmony—Spot, 11,00@11.:

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