Casper Daily Tribune Newspaper, April 8, 1924, Page 11

* NORTHERN PACIFIC. EARNINGS FALL OFF H ‘ General Rate Basis Too Low Chairman of Board Says in Submitting Financial Re- port on Road’s Operations. ‘FORK, April 8.—The North- ern Pacific Railway Company earn- ed net income of $12,081,425 in 1923, Howard Elliott, chairman of thi board, reported to stockholders to- day at the annual meeting, Earn- Were equal to about $5,22 a mn the $248,000,000 capital compared with $6.07 in 1922, hasizing the roads transporta- efficiency, Mr. Elliott said ex- took 37,78 cents of each dol- operating revenue, the best u for seven years except. 1917, hen it was 32.34 cents, and 1919, when it was 36.44 cents, In neither of these years, ho explained, were the incre: in wages and price: due to the war in full effect. The ‘average number of tons per frefght train in 1923 was 724.51 compared with 680.58 the year before, The Commodity Railroad Equipment ST. PAUIL—The Great Northern Rallway will inaugurate operation of a newly equipped Oriental limited, the track Trans-Continental passen- ger train of that road on July 1. ‘The equipment will consist of ten trains costing $5,000,000 and include 28 new locomotives. Eight traing, with three specially designed pull- mans each, are needed for regular operation and two trains will be held in reserv EN Hd a i PHILADELPHIA—Although the Baldwin Locomotive works has long been desirous of abandoning its old plant which stands on very valuable ground near the business center, {t has been unable to do so because orders have come in so fast that the new plant at Eddystone has not been able to take care of all of them. Oli SHREVEPORT—Because of the destruction of over six hundred der- ricks by a storm, the average daily oll production in the Arkansas and Louisiana fields last week dropped 9,624 barrels to 163,947. Thirty four inereane in ‘and taxes ince 1913 was $27,207,868, equivalent to More than ten per cent on the com- Pany's stocle. Total operating revenues were 102,002,059 and total penses $80,364,809. funded debt of $819,849,500, “The company has done its fair share of all business moving in its territory, but the general rate basis 1s too low,” Mr. Elliott asserted. Current assets on December 81 Were $38,287,279, an excess over la- bilities of $19,261,064. Net railway operating income for January and February, 1924, showed ® surplus of $1,976,190, an increase Trade News new wells were completed, including one 5,000-barrel well which extend. ed the Smackover district three miles southeast. — Fruit GUTHRI®, Okla.—¥Freezing tem- peratures have killed 60 per cent of the peach, plum, apricot and pear buds in this fruit section. Orchard- ists believe the remaining buds have been so affected that they will fall later. Apple and cherry trees were not injured, Flour BOSTON — Flour prices have dropped 10 cents on spring patent flow 15 cents on hard winter pat- ents and 35 cents on soft winter flours from the level of ten days ago, Steel PITTSBURGH — Second quarter bookings on steel bars are up to first quarter bookings, manufactur- ers here believe, but so far specifi- cations against them, even for April needs, have been backward in ap- pearing. Buyers are paring them down to actual needs in aight. BUSINESS BRIEFS CLEVELAND, April 8.—Business in this section continues spotty with declines in steel, automobiles and af- fillated lines, but business leaders @re predicting that the bottom has been reached in the business lull. Prominent steel men say that unless it has been reached and heavier buy- ing is resumed, output must decline further, since present operations are at the expense of unfilled tonnage rather than new business. FRESNO, April 8—It has been determined to extend the advertising of the Sun Maid raisin growers’ which heretofore has appeared from October to March, throughout the entire 12 months of the year. Plans for the coming year, beginning July 1, already being outlined by the J, Walter Thompson Company, which handles the Sun Mald account and it Market Gossip is reported the budgets contemplate an appropriation of $2,000,000 or $200,000 more than for the current year. ST. PAUL April 8—The Miinois Central railroad is reported here to be contemplating the purchase of the Minneapolis, St. Louis Railroad com- pany, now in the hands of a receiver. The road is valued at $60,000,000. Its 1,587 fles of track would give the Illinois Central entry to the northwest by a line into the Twin Cities instead of through connection in Southern Minnesota. KANSAS CITY, Kans. April 8.— There is more building construction going on here than at any other time in the history of the city. It ts es- timated 1,000 projecta are under con- struction. and Briefs On Operations in Oil Fields Union Earnings Jump LOS ANGELES, April 8.—Net op- erating profits of the Union Oll com- Pany of Cplifornia for the first three months of 1924 were $3,100,000, an increase of 77 per cent over the same period last year, a statement in the hands of stockholders today showed. The directors have au- thorized payment of the usual quar terly dividend of $1.80 per share to stockholders of record April 10, the statement and the regular Union Oil associates quarterly divi- dend of 81 cents per share is pay- able on the same date, Important Petroleum Meeting. Election of officers will be held tonight at the meeting of the Wyo- ming Petroleum club. This will be next to the last meeting of the sea- fon and a full attendance of mem- bers is asked. George Paine of the Frick-Reid Supply company and A. J. Howlett of the Inland Ot! Index will address the gathering. Steele Creek Drilling. It is reported that work on the test being made of the Steele Creek structure in Johnson county by the ‘Tarrant interests, has been resumed after a shutdown of a month. Brings in Well. A 200-barrel producer known as No. 35-A, nw of section 30-40-78, Salt Creek, was brought in by the Utah Of! Refining company yester- day. The sand was tapped at 2,065 feet. Distillate for Gas, A gas apparatus designed to uttl- ize fuel of] distillate in the manu- facture of gas for commercial and ¢omestic purposes has been perfoct- ed at Buffalo. The new process tn said to be more economical than the munvufacture of coal gas, while the plant apparatus necessary in distillate is much lower in cost than coal gas apparatus. The gas pro- Cuced, it is claimed, has five times the heating value of producer gas, contains no sulphur, and burns with a non-oxidizing and non-car bonizing flame. The gas has given satisfactory results in direct appli- cation to heat treating of ferrous metals and in japanning and enam- elling. Tests have proved the gas suitable for lighting nd heating, and for domestic purposes, compar- ing well with coa! gas in thermal efficiency. Four gallons of fuel-oll distillate are required per thousand cuble feet of gas. One attendant can operate a plant having §00,000 cubic feet capacity per 24 hours, hence the operating cost is low. Still Moving Boller. On March 7 the Utah Of! Refining company started a boller from Ther- mopolis to Black Mountain struc: ture, 40 miles distant. Today the boller is within eight miles of loca- tion, Muddy roads without bottom are the cause of the delay, Billy Creek Report. Billy Creek test well is drilling in ndy shale at 4,363 feet. Moffat Field Storage. A 55,000-barrel tank is to be erected immediatoly in the Moffat field near Craig, Colo. As soon as this tank is constructed, the Texas company which proved the field in January with a well now rated at 4,500 barrels daily, a thorough test of this discovery 1 be made. penis A hesitant Ay Wyoming Olls, NEW YORK, April 8—Prices of ‘Wyoming oft at 2 p. m, today were Usted on the New York Curb as follows: Standard Ol) (indiana), 60%) Mountaln Producers, 164; Mutual, the making of gne from fual oll 11%, New York Stocks Last Salo By Wilson Cramner Co. Chemical & more 66 103 American Car and Foundry — 156% American International Corp 19% American Locomotive ~—-.. 71% American Smelting and Refg 60% American Sugar ~..-.----. 49% American T. and T, ~ 126% MOK B 68% 32% 99% 1B 115% 55% AtL, Gulf and West Indies .. Baldwin Locomotive -------- Baltimore and Ohio Bethlehem Steel -... Callfornia Petroleum -—-.. 25% Canadain Pacifico ~--.-—----1464B Central Leather -.. 1% Cerro de Pasco Copper ---. 44% Chandler Motors --------. 46% Chesapeake and Ohio .-_..._ 74% Chicago and Northwestern .. 51% Chicago, Mil, & St. Paul pfad 27% Chicago, R, I. and Pac, -.. 25% Chile Copper .--------____._ 26% Chino Copper _ 16% Consolidated Gag ~~. Corn Products Cosden Oil Crucible Steel .. os Cuba Cane Sugar pfa -.-.. BIO ae enegerenngues Famous Players Lasky ~.. General Asphalt ~.-....-.. General Electric -.....-__.. General Motors -.---.... Great Northern pfd. -.--.-.. Gulf States Steel —-. Minois Contras -----------_. Inspiration Copper -------_. International Harvester Int, Mer, Marine pfd. — International Paper Invincible Oil —-: Kelly Springfield Tire — Kennecott Copper Lima Locomotive Louisville and Nashville . Mack Truck Marland Ol! -. Maxwell Motors Middle States Of) Missouri Kan. and Texas new Missourl Pacifle pfd. New York Central N. ~ 100% 18% 127% 61% B14 46 44% 92% Northern Pacific ---.-...... OCs RS RvR eS, BRS ESS Pan American ePtroleum 3% Pennsylvania ~~... People’s Gas -—~-.-----.___ Producers and Refiners -.... Pure Ot Reading ~~~. —— Republic Iron and Steel Sears Roebuck --. Sinclair Con. Oll Southern Pacific Southern Railway -----.__. Standard Oil and N. J. — Studebaker Corporation -... Texas Co, --...- Texas and Pacific Tobacco Products A .. Transcontinental Oll Union Pacific _.. U. 8. Ind. Alcohol United States United States Utah Copper Westinghouse Willys Overlana American Zinc, Lead an Butte and Superior Colorado Fuel and Iron __.. Montana Power National Lead ., Shattuck Arizona Rubber - 20% 62% B 135% 5% Angio Am. ~--.-..--_.. Buckeye Continental Cumberland Eureka Tilinols Pipe --..-. Indiana Pipe ~~... Prairie Ol Prairie Pipe Solar Refg. Pipe Penn. . W. Penn On . 0, Ind. . O. Kan, . O. Ky, . OL N. ¥, 0. Ohio ~ 8. O. Ohio pta. Swan and Finch .. Vacuum 56 63% 246247 CRUDE MARKET Cat Creek ~~~. Lance Creek Greybull ..._---. Bik Basin, .......-..<. Rock Creek ~-..... Big Muddy ..-........ Mule Creek Sunburet -.... Hamilton Dome ~... Notches Pilot Butte Lander NEW YORK, April §&.—Cotton + steady; middling, 91.25, ———<—$<— EW YORK, April bonds cloned; 3 \w, 25; second dtu, 8,—Liberty firmt, 4340 1% government, 4448, 100,18, - 50%, Che Casper Daily Cribine _ Stocks Big Indlan Blackstone 8, C, —.- Boston Wyo, ..-— Buck Creek Burke Oll Chappell Chlumbine Con, Roy. EB. T. Willams ——.. Gates .--....-----. Kinney Coastal -.-. Lance Creek ...--— Mtn. & Gulf —--—- Red Bay od Roy Prot BUN --— een ynee West. Explor. West. States ... ¥ Ol and Gas -. M. S. Phone -—~.105.00 Cement Secur. -—_~-155.00 Amal Sug. Com.... 4.87 Holly Sug. Com. -. 88,50 Hol!y Pref. --...... 89.00 Utah Idaho Sug. -- 3.70 oe NEW YORK CURB CLOSING Asked Mountain Producers — 18.37 Glenrock Ot! ..... +40 Salt Creek Prds, 23.25 Salt Creek Cons. 9.00 New York Olt 12.00 Mutual 11.62 Marine 3.75 Prod. and Refrs. $2.25 S. O. Indiana 61.25 LIVESTOCK Chicago Prices. CHICAGO, April 8.—(U, 8, De- partment of Agriculture.)\—Hogs— ipts, 32,000; slow; mostly 15 to lower than yesterday's “best time, or around 10c lower than the average; big packers bidding 25 to 30c lower than high time Monday; bulk good and choice 160 to 325 pound averages, $7.25@7.40; top. $7.45; bulk desirable 140 to 1650 pound weight, $7.00@7.20; packing sows, steady to 10c lower; killing Digs, 25¢ lower; good and choice strong weight, largely $6.00@6.50; bulk packing sows, §6.75@6.90; heavyweight hogs, $7.20@7.45; me- dium, $7.25@7.45; light, $7.00@7.45; Ught light, $6.00@7.30; packing sows, smooth, $6.80@7.00; packing Sov rough, slaughter pigs, $5.0006.50. Cattle- ceipts, 9,000; beef steers, active, strong to 25c higher, mostly 10 to 15c up; better grades weighty kind showing most advance; com- mon and medium yearlings, mostly steady to strong; early top matured steers, $11.75; some held higher; sup- ply weighty steers, scarce; few loads, $11.00@11.50; no big weight kind here; bulk fed steers, $8.50@ 10.75; fat she stock now rather slow, steady; little done on veal calves; bulk to packers, $10.50@11.00; light kind, around $9.50 and below; thin flesh stockers and feeders, slow; meaty kind, scarce; killers taking Practically everything showing kill, meaty feeders for Mineral Point late yesterday, upward to $9.25 celpts, 8,000; slow; few ules fat wooled lambs, around ly; sellers asking higher prices; bids steady; fat sheep, steady to strong; no sales feeding shearing wooled lambs, $15.7 held higher; choice clipped $10.75; choice shorn wethers, $11.50. rl or lambs; Omaha Quotations, OMAHA, Neb. April 8.—(U. 8. De- partment of Agriculture)—Hogs — Receipts 19,000; slow, mostly 10@ 15e lower: bulk 210 to 300 pound butchers $6.95@7.05; top $7.10; good 160 to 210 pound weights $6.75@ 6 plainer grades of light and Ught light on down to $6.25; pack- Ing sows mostly $6.50@6,40; aver- agé cost yesterday $7.03; weight 249. Cattle—Recelpts 8,610; beef steers and yearlings moderately active; fully steady; top weighty steers weight $11; bulk @i000; yeorlings $9.25; fed she ptock strong; other killing 2 moder y butcher cows end heifers $5 5; can- ners and cutters $2,50@4.25; bologna bul's $4.85@4.60; practical veal top $10.50; bulk stockers and feeders at $6.50@7.75. Sheep—Receipts 12,800; fat tamba slow; around steady; early sales wooled lambs .$16; sheep steady; ight ewes $11.25; shearing lambs active strong; several loads $15,60 @16. 4. Denver Prices DENVER, ‘Colo.,April 8,—(U. Department .of Agriculture) Receipts 3,200; 15 to 25¢ low head $7.15; top load early $7.05 load held higher; bull 185 pound averages $6.75 to Ught Ughts around $6.00; packing sows mostly $5.75; fow fat pigs $5.00 to $5.75; weak to 250 lower. Cattle. Receipts 500; calves 50; fat she stock strong to 26c higher; best cows $6.00 to $6.60; others $5.90 down; heavies scarce; best vealers $12.00; others steady; good heavy beet steers $9.25; bologna bulla $3 few loads ateers $7.85 to $8.00. Sheep. Recetpts 3,100; few loade fat lambs strong to 160 higher; sev- eral loads $15.60 freight paid; plain. er loads $15.00 fiat. SUGAR bi —Demand for refined sugar = active owing to the easier tone in the spot market, Prices were unchanged at 6.20 to 8.40 for fine granulated, Refined futures were nominal, Grain TRADING DULL Mixed Price Movements Feature Sluggish Session NEW YORK, April 8.—Mixed price movements characterized to- day's dull stock market. Harly re- actionary tendencies were checked somewhat following the presentation of the senate tax bill, closing prices showing a curious mixture of gains and losses. Sales approximated 600,000 shares. NEW YORK, April 8.—Reaction- ary price movements predominated at the opening of today's stock mar- ket. Selling pressure was resumed against steel shares and a wide assortment of other speculative in- dustrial favorites, including Ameri- can Can, Baldwin and Chandler, all of which yielded fractionally on initial sales, Prices steadied after the first batch of selling orders had been disposed of. Railroad shares again came to the fore, Norfolk and W' ern moving up one point to 132%, Missour! Pacific preferred advancing 1% to 42%, and the common gaining half to 13%, all at new high records for the year. Public utilities also showed independent strength, Amer- ican Waterworks rising one point to 48, a new 1924 top. Willys Over- land preferred yas in supply, touch- ing a new years low at 75%, off 2, Huger futures closed ens proximate males, 66,000 4,70; July, 4 cembor, 4.81 while Crucible Steel,.Corn Products and Mack Truck dropped 1 to 1% points. Foreign exchanges opened steady. Desultory trading characterized the morning session with the prin- cipal activity taking place in the independent steels, which were re- actionary, and the rails, which showed a rising tendency. Vana dium Stee] broke 3% points to 22 and Gulf States Stee! slipped 1% to 70%, each at new minimum prices for the year. Davison Chemical, South Porto Rican Sugar and Willys Overland preferred extended their gains of 2 points or more, Louls- ville and Nashville and Texas and Pacific each moved up about a point, the former touching a new top at 93%.. American Waterworks issues continued strong, the common ex- tending its early gain to 2% points and the 7 per cent preferred climb: ing one, each at their best prices of the year. Call money opened at 5 per cent. Resumption of bear selling of Kelly Springfield, which went down to 1 a new low price caused heavy profit taking in some of the early strong shares, notably Nor- folk and Western which reacted to 1314. Speculation generally was fit- ful with the bears hesitating to at- tack issues where support was evi- Cent, while the bulls were as equal- ly reluctant to buy except ag con- cessions. The closing waa irregular. . Suf- ficient buying power developed in the late dealings to check the de cline in some of the standard Issues, notably American Can and Baldwin but the rest of the list continued spotty, Norfolk and Western yield. ing stil: further to 128% and Stand ard Milling breaking 20% polnts. Foreign Exchange NEW YORK, April 8.—Foreign exchanges firm; quotations tn cents: Great Britain demand 433%; 433%; 60 day bills on banks France demand $5.87; cables Italy demand 4.43%; cables Belgium demand 4.92; c: 4.93, Germany demand per tril 21. Holland 3 Norway 13.72; Sweden demand 26.45. Denmark 16.85. Switzerland 17.49. Spain 13.42. Greece 1.75. Poland .000012. Czecho Slovakia 2.96. Jugo Slavin 1.24. Austria 0014. Rumania Argentina 33.50, Brazil 11.30 42. Montreal 98 3.32 _> Butter and Eggs CHICAGO, April 8.— Butter— Lower; creamery extras, 380; stand ards, 38c; extra firsts, 361% @37c; firsts, 86@36%c; seconds, 36@35%e. Egge—Higher; receipts, 45,484 cas firsts, 22@22%0; | ordinary firsts, 2014 @21 storage pack extras, 2434@24%c; storage pack irate, 24@24%c 5.88, 4AM. 52% Tokio POTATOES CHICAGO, April 8—Pothtees— Trading moderato; mark Ay; receipts, 68 cars; total . ship. ments, 648; Wisconsin sn 1 round whites, $1.2041.45; bulk, $1,30401.65; Minnesota and North Dakota sacked Red River Ohlos, $1,20@1.25; fancy, $1.45@1.60; sacked round whites $1.10@1,80; Idaho sacked Russets, $2.65@3.00, Ee ice METALS NEW YORK, April §,—Copper— Easy; electrolytic, spot and futures, 18% asked. Tin—Pary futures, 60.60 Iron—Steady; 5 Load—Btendy; spo Zino—Easy; Kast and futures, 6,2546.30, * Antimony—Spot, 10.25. -_—-—- Vax, DULUTH, Moan., April §.—Cloae Tias--May, 2.96%; July, 2.94%; September, 2.23, Louts spot : Livestock : Denver Stock List| OT0GK MARKET |GRAI N PRIGES LOGE GROUND Wheat Holds Almost Even But Corn Demand Is Even Slower CHICAGO, April Favorable weather for wheat ing in t northwest tended to ease down wheat prices toqay during the early deal- ings. In‘addition, there was no evi- dence of any export demand of con- sequence. Selling, however, except from the northwest, was lacking in volume. Opening price: which ranged from % to %4o lower, while May $1.02% to $1.02%@, and July $1.03%% to $1.0336@%, were followed by a moderate further setback. Subsequently dearth of buying kept the market devoid of important ral- les, The close was unsettled % to %C net lower, May $1.02% to 1.02% @% and July $1.03% to $1.03%. Corn and oats were easier, sym- pathizing with wheat. In the corn market there was persistent small- lot selling on the part of commission houses. After opening a shade to %o off, May 78% to 78% @%o corn continued to sag. Absence of demand was a feature in the last part of the day. Prices closed nervous %@% to% net lower May 17% to 77%o Oats started at 4% @Ko off, to a shade advance, May 48%c and later owed a little cline gil around, Provisions reflected weakness of hog values. Open High Low Close WHEAT— May July. Sept. $1,02% 1.02% 1.01% 1.02% 1,08% 1.08% 1.0334 1.03% c 1.04% 17% 78% 78% 45% 43% +40 10,87 11.10 9.72 10.72 10.22 10.50 10.60 10.60 10.50 Cash Grains and Provisions. CHICAGO, April 8.—Wheat—No. PAGE ELEVEN. All Markets FOREIGN, Czechoslovak, Rep. 8 ctfs. —.. Dominion of Canada, 5: French Republic, 7% Japanese 4s Kingdom of Relgi Kingdom of Norway, 68 — State of Queensland, 63 — U.K. of GB, &l., 5%s, 87 Railway and Miscellaneous American Smelting 5a American Sugar 6s ~ American Tel., col tr. Anaconda Copper, 7s, ‘Anaconda Copper, 6s, 1955 At. T. and San Fe., gen., 48 ..--—-—..-. Baltimore and Ohio cv., 448 ~---------. Bethlehem Steel con., 6s. Series A -—. Canadian Pacific deb. 4s a Chicago, Burlington and Quincy Chicago, Mil., and St. Paul cv., 444) Chile Copper, 6s iia Goodyear Tire §s, 1941 .—. Great Northern 7s A Northern Pacific rof., Northwestern Bell Tel., Pacific Gas and Electric is - Penn. R. R. Gen., bs - Sinclair Con Ol! col., 7 Southern Pacific cv., 48 Union Pacific Virst 49 U. S. Rubber 6s Utah Power and Light 5s Western Union 6%s Westinghouse Wilson and Co., WESTERN MEN GET INCREASE (Continued From Page One) senger trainmen will recelve an tn- crease of 24 cents a day; freight trainmen, 30 cents; conductors, cents; Brakemen, 26 cents, and switch tenders, 26 cents, it is re rorted. Other employes affected will receive corresponding increases. Salary raises asked for by train- men and conductors weré virtual gianteé by the reported increasos. The railroads, opposing the in creases, asked union officials to make changes in working rules which would take away extra time for layovers an’ to make certain other concessions, some of which are reported to have been made. The railroads affected represent 1 hard, $1.04@1.08; No. 2 hard, $1.03@1.08. Corn—No. 3 mixed 77@T7%4e; No. yellow, 79%4c. Oats—No. 2 whit white, 46@48c. Rye—No. 4, 640. Barley—67@76c. Timothy seed—$5.00@7.60. Clover seed—$16.60@22.50, Lard—$10.77. Ribs—$9.75 @9.85. Bellies—$10.20, pet asi Gun. aM eattbes CHILD BORN WITHOUT ARMS 15 SIGNED AS CIRCUS ATTRACTION RIDAN, 48% @49c; No. SE Wyo., April Frances Belle O'Connor was born without arms. She is now nine }ears.old and her career has already begun. She left here several days ago for Chicago where she will enter 4 33 weeks’ engagement with Sells Floto circus, SILVER NEW YORK, April 8.— %; Mexican dolla 48% e25 r silver, Flour. MINNEAPOLIS, Minn., April 3 Flour, unchanged, Bran, 22.00. —— oe CK 1 oll boom prompted Les to 640-acre hom No one came | bis y to look for/oll, so he juat lived around and wondered what the devil his land was good for. An air mail pilot was breezing by the other day. The going bs came too rough just about then #0 the aviator squinted earthwards for a pl to land: We picked out John's place and he couldn't have made a better selection. It now as though that 640 acres will be good for something after all since the governthent 1s considering it for a landing feild Pacts Pc NOTICE OF FIRST MEETING OF CREDITORS In the District Court of the Unit ed States for the District of| Wyoming. In the Matter of William J, Luen. ing, Bankrupt, ss. In Bankruptey No. 777 Notice is hereby given that on| 20th day of March, A. D, 24, the said William J, Luening was duly adjudicated a bankrupt, | and that the first meeting of cred itors will be held at 500 Hynds Building, in the city of Cheyenne, Wyoming, on the 2ist day of Ap- ril, A. D. 1924, at ten o'clock in the forenoon, at which time such | creditors may attend, prove their} claims, elect a trustee, examine the rakrupt, and tr et er business as may come before said meeting Dated this 7th day of April, A D, 1924 CLARENCE A. SWAINSON, Referee in |Pub. April 8, 1924. a SPRINGS, Wyo., ral April 8 years a of ney John estead. looks th nob fected recently will| crete Bankruptcy. | n y © the 609,000,000th part of Jone nok, about -90 cent ,of the mileage west of Chicago.,” The Chicago Great Western, Chicago and Alton and the Elgin, Jollet and Eastern wer® not parties to the negotiations. L. E. Sheppard, head of the Con- ductors and W. N. Doak, vice presi- dent of the Tralnmen’s organiza- Uon, were the principal union rep- resentatives, W. J. Jeffers of Omaha, general manager of the Union Pa cific, was chairman of the Carriers’ mittee. ‘0 official statement of details of the reported basis of agreement was made public by the conferees. All railroads west of the Misai- ssippi river, except the Southern Pacific's pacific lines, Denver and Rio Grande, Northwestern Pacific, Chicago and Altoy, Chicago Great Western and Minneapolis and St Louls rail 8 are represented the negotiations. -_ ORDINANCE NO. 387-A An Ordinance Amending and Re- enacting Section 2 of Ordinance No, 95-A, Creating the Office of City Sidewalk Contractor, and Providing for the Con- struction of Cement and Con- crete Sidewalks in the City of Casper, Wyoming, and Pro- viding Means for the Assessment for the Payment of Such Walks. BE IT ORDAINED by the Mayor and City Council of the City of Casper, Wyoming: SBRCTION 1 That Section 2 of Ordinance No. 95-A is hereby amended and reenacted so as to follows, to-wit: ECTION 2. (a) The City Council shall let to the lowest bid din ctor for a period of one to exceed one year at any one time, a contract for the con- struction of all cement and con- crete sidewalks which the City Council may hereafter order to be constructed, The contractor to whom the contract shall be let for period of not to exceed one year at any one time from the date of his contract, shall be deemed to be the City Sidewalk Contrac- tor for such period of time: for the faithful performance of his duties, as such contractor, he shall furnish a bond to be approved by Mayor and City Council, in amount of Twenty-five Hun 00.00) Dollars, and in addition thereto shall give a bond required by statute for the amount of the contract price ny and all sidewalks let to him during the term of his contract. (b) All sidewalks built under contract afe to be construct- in jed in accordance with specifi tions prepared therefor by the City Engineer, and are to be approved by the City Council. (c) The City Counc shall from time to time order by ordi nance the construction of such side walks as shall be deemed for the best interests of the city. Upon the City Council ordering the con- truction of any cement or con idewalks, as herein provid ed, the ¢ Engineer shall imme . either wner, ors of the abutting propert publica tion once a week for a period of four (4) weeks, in one of the local apers of general circulation shed once a week or oftener, fully describing therein the ter. mini, cost, width and character of the walk ordered, and allowin, period of thirty (80) days dur ret... ts A, 110% 107% 92 which, the parties so desiring may construct sa walk abutting their property; and further providing that all such walks so ordered re- maining unbuilt at the expiration of such thirty days, from the date or dates of service, or of the first publication of such notice or no- tices, shall be constructed by the aforesaid City Sidewalk Contrac- tor. SECTION 2. All ordinances or parts of ordinances in conflict with this ordinance are hereby re- pealed. SECTION 8. Whereas, an emergency exists such as declared to be the case, therefore this or- dinance shall take effect and be in full force and effect from and after its passage. Passed and approved this 7th day of April, A. D. 1924, 8. K. LOY, Mayor, City Clerk. Pub. April 8, 1924. ¢ Team Dragged Off Precipice By Giant Rock CODY, Wyo., April 8—Unable to hold thelr ground, a team of horses chained to a 1,000-pound boulder were dragged from their feet and pulled over a precipice, crashing 400 feet below. he horses were being used to haul rocks from the road which is being widened near Shoshont dam As fast as the rocks were moved they were rolled into the canyon The immense boulder to which the two horses were hitched, started rolling and despite ev« effort of the team to retrieve themselves, the rock bounded over the precipice and finished the tragedy. eS EEE S100 FINES ASSESSED TWO VIOLATORS; 51X CASES ARE DISMISSED Liquor charges made up the main business of Judge John A, Murray's police court last night. Several c the dismissed. — Harr Louderbeck, 116 South Park street, was fined $100, Mrs. H. Seltz, 264 North Market street, was assessed a similar fine, Mra, Ray Jennings and Mrs. Anna Jacobs were dismissed since {t was found that they had no connection with the affair, John Walsh anf Margaret Snyder, 807 Industrial Avenue, were dis missed, as were also Buddle Christie and C, W. Crump, 227 West B, Street The arrests in these cases had been made Saturday night —> eu were OJL SECURITIES By Wilson Cranmer & Co. 38 o4 08 10 03 w Gulen Domino ~ khorn .~ 05 09 6.00 or 50 001% Picardy Preston Tom Roll Wyo- Kans 03 1 NEW YORE higher rate, 4% 1 at 4%; 1 an, 4%; call gainat acceptances, 4%; Ume loans, steady; mixed collatera 60-90 days, 4%; 4-6 months, 44OaK prime commercial paper, 44@4%, April high, sing ast Ic me ruling offer loans ney, low, bid, 4%;