Casper Daily Tribune Newspaper, April 20, 1924, Page 18

. f f 7 t t é a 3 2s} Oo}. ‘PAGE SIX. Oil Finance WEATHER, POLITICS AND BUSINESS TALK Roger W. Babson Discusses the “Elemental” And “Sentimental” Factors in the Present Business Situation. BABSON PARK, Fla., April 19.— Roger W. Babson discussing the gen- @ral_business situation today with Rewspaper men touched on two in- teresting intangible factors which he Believes are largely responsible for the recent slump in general activity. = “The weather is not a fundamental factor in’ the general business situa- tion," says Mr. Babson, “but un- Seasonable conditions are liable to have a decided temporary effect. Whether the long swing {s upward 6r downward unexpected develop- frent and discouraging reports from the weather bureau may upset things temporarily. An unseason- Qble fall last year, for instance, left fetaflers all over the country with @ large stock of goods which either has to be sacrificed at a loss or car- ried over for another year. Nor has this spring been any better. The worst storms of the winter came in March when they should have come tn January or February, At the Season of the year when spring Bhould be in evidence trains have Been blocked, wires down, motor gars and trucks stalled in snow rifts. Naturally this belated win- ter has greatly interfered with poring business. It has interrupted the fmarketing of grain; delayed the planting of oats and other crops, building has been held up, and since most of us buy our spring goods by the weather rather than by the Galendar general retail trade in many Bections has come almost to a stand- still. “Business men should keep in mind, however, the fact that weather seldom hurt trade per- . Unseasonadle weather tends to delay business just as a dam fnay temporarily delay the water In & stream, but just as soon as the weather gets back on to schedule this volume of accumulated business fomes with a rush just as water may be depended upon to come down Btream if the dam is removed. Often when trade 1s checked by bad wea- ther conditions it 1s abnormally good | Jater on. The wise merchant will keep this fact in mind and will be ready to take advantage of the good Dusiness weather as soon as it ap- pears. .. “The other disturbance at this time,” continued Mr. Babson, “ts of RB more fundamental nature. Real damage to business has resulted from the cheap politics indulged tn ‘at Washington. ‘This sort of ‘mud- slinging,’ in place of the construc- tive legislation which should be at- tended to is destroying busfhess con- fidence and confidence ts a funda- Mental factor in our business situa- tion. Weather conditions are mere Atmospheric disturbances; but con- idence {s the very soll in which pros. Perity must grow. A storm may Yemporarily delay the growth of a field of wheat; but if the earth It- elf is washed away, the crop is permanently déstroyed. The politi- ¢ians have undermined the whole field of business activity. Republican doubt Victory of caused certain The ¢ 1920 without of the party leaders to become care- less. The natura] result which we witness today followed automatical- ly. This is merely: in accordance with the eternal law of Action and Reaction, Moreover these present developments at. Washington were foreshadowed directly by the over- whelming election figures when pub- Ushed four years ago. But anything, even an investigation, can be over- done. “There never was a bough which could not be broken and the break: ing point in this situation has been reached. If the enemies of the ad- ministration carry it any further, *hey will lose any advantage which they may have obtained. “People have been willing that the fight should go on so long as their pocket-books have not been touched: but when sales begin to fall off. orders are cancelled, factories are closed and men are thrown out of work because of this muck-raking then there comes & reaction. The Democrats are likely to suffer from this same law which is causing the Republicans to sweat today. The investigating committees have al- ready accepted testimony which every court In the land would have thrown out. The unsubstantiated stories of comparatively unknown individuals have been accepted as the truth and have been broadcast through the newspapers to the great mass of our people. When the case reaches a point where the only testimony Con- ress can take must come from ex train robbers and men and women of more or less uncertain standing a reaction may be expected. The pub- Uc is heartily sick of this business and trade is beginning to suffer. “We little realize,” concluded Mr. Babson, what a sensitive machine business has become, Little things make men cheerful and slight changes cause them to become cau- tious. The attitude of men toward fe, whether they are hopeful or discouraged, is a great factor in de- termining the immediate business eutlook, The major changes in the Qommercial world can be forecast with accuracy, as these movements depend upon economic law and the position of certain fundamental bust- ness barometers. But what is to happen during the next few months will depend very largely upon the confidence or the lack of confidence displayed by the American public. Immediate business will depend upon whether men are actuated by faith or by fear, “If congress is trying to throw the country into a business depres- sion, it {s going about ft in the right way. If, however, congress is truly interested in bettering American con ditions jt will turn from the divert- ing pastime of besmirching the character of anyone connected with the opposite political party and will pass the Tax Reduction Bill and en act other constructive legislation. Al ready the index of the Babsonchart reflecting general business activity has fallen to 6 per cent below as compared with 2 per cent above norma] a few weeks ago.” GRAIN FORCED UP BY Prospects of Legislatio Germany of Dawes’ FAVORABLE REPORTS n and Acceptance by Report Brng Upturn Dung Last Week. CHICAGO, April 19.—Today’s Drief session of the grain exchange was marked by continued strength, gncournged by bullish estimates of the world supply and optimism re garding probable legislation at Washington favorable to the situa- tion here. Tho close was firm with eMay at $1.04% and July at $1.06% and May corn at 75% cents. Germany's favorable attitude to- “ward the Dawes reparations pro- gram was outstanding among fac tors that caused an upturn in prices during the week. Scarcity of supplies was reflected in higher prices for both corn 1 oats and provision stocks were >» low A survey of some of the leading @levator interests suggests that the Jong in May wheat may have to pay for about 3,000,00 of h wheat. To date there have been 1,300,000 bushels of the contract Wheat sold to go to store, all of Which has been prepared for de: Tivery next month. At the close of ‘Dusiness last Saturday there w 4,472,000 bushels of wheat in public Plevators of which 13,000 bushels Were number 2 hard, the kind that 4s usually. delivered “If the July w goes to three cents premium over the May the may ¢ eir hed t,”" said man. “However wheat known as WU warrying ¢ riers to shift the cash wl 8 and carr one ware there THE YELLOWSTONE APARTMENT HOTEL “Largest in Wyoming” 1 Room and Kitchnette A Real Home for Two that the carrier will be almost sure to delivery but how much of this there fs I do not know.” There was some talk yesterday of corn being loaded out In large quantities for shipment at the open- ing of navigation and that there will be no deliveries on May con- tracts, So far as can be learned there have been only three* boats chartered for sailing at the opening and they provide for mixed cargoes and for less than 1,000,000 bushels. Stocks in public houses are 1,820,000 bushels and an elevator man sald there was suro to be some delivered. The gossip in the oats trade is that the leading holder of May oats is said to be connected with a house that owns the largest line of cash oats there aro not likely to be any deliveries at first. However, a cash grain man believed to know says there will be at least 600,000 bushels put out probably on the first de- livery day. ‘Today's range of grain and pro- vision prices follow: $50.00 Per Month 426 W. Yellowstone Open High Low Close WHEAT— May 1.03% 1.04% 1.02% 1.04% July s-e- 1.05% 1.06% 1.05% 1.06% Sept. 1.06% 1.07% 1.06% 1.07% cor? May 78% 78% July 79% 79% pt 79% 19% OATS. May 47% 41% AT 47% | July 44% 44% 44%) 4416 rt 10% 40% 405% .40% LARD— | May 10.95 10.95 10. 10.92 July a---11.17 117 1145 11.15 rniBs— May 10.00 10.00 July 10.25 10.25 BELLIES May 10.45 * 10.75 July Che Casper Sunday Cribune eo Bonds :: Stocks :: Grain ——NEWS AND QUOTATIONS BY LEASED New York Stocks ||OIL ISSUES WEAKEN be different, must be inconsistent = Allied Chemical & Dye -- 69% _| says Nita Naldi, a featured memlcr 4 | of the cast. ‘She should be con. Last Sale . . i sistent in her attentions to her hus. Fe band—and her attentions should be ay 3 J os PX only for her husband. She should her personality in varying ways, Ia use American Can a a rige jhould. ae differently; that American Inte! * congees, and the husband con-| 18, instead o! Wing all her hou: Acacias sea Close of Week’s Trading on Gotham Exchange kid a stangs dresses pink or blue, she should hase sreericen Sumaer in a b > I Just as Constance is ‘about to] Variety in color and style. These eb eee ; Irregulani Aft s marry ‘her fourth husband, the | things would serve to keep her hus. ‘Aoguonda Gonpec; ieee Marked y. ty gn en Hea ; Duke of Middlesex, a ar of| band's interest centered on her at Atchison. --...--.-.. ————— events occur which throw her back | 4!l times, whereas, if she allows her ment Recorded in Recent Days. clothes and personality and appear. ance to become monotonous, he would seek elsewhere for the different’ his life demands. In the new deMille photoplay, the effect of monotonous, everyday love is brought home with unusual force by_a triangle affair carried on b; Agnes Ayres, Nita Naldi and Jad Holt. Theodore Kosloff and Rod La Rocque are also featured. i Baldwin Locomotive Baltimore and Ohio Bethlehem Steel California Petroleum -_- Canadian Pacific -2--— Central Leather Cerro de. Pasco Copper Chandler Motors. —-. Chesapeake and Ohio ..—-. Chicago, R. I. and Pac. Chile Copper Chino Copper -------~-0---- Consolidated Gas into the arms of her first husband and all ends happily. “The Goldfish” was adapted by C. Gardner Sullivan from Gladys Un- ger's stage play in which Marjorie Rambeau was featured. Jack Mulhall is Constance's lead- & man. Others having prominent roles in the cast are Jean Hersholt, Za Su Pitts, Edwerd Connelly, Wil- liam Conklin, Nellie Bly Baker, Leo White and Frank Elliott. specialties and minor- industrials. Stubborn resistance to pressure was manifested by a majority of the standard shares and improvement marked general trading during the ‘week. The market demand was domi- mated in large part by domestic news, although prospects of a settle- NEW YORK, April 19.—Sharp reactions in ol], motor and food share values featured today’s ses- sion of the stock exchange, which was unsettled by heavy selling of several specialties. Standard Oil of New Cersey was one of the popular issues marked down to a new low OLUMBIA BIL: Terrell and Kemp, two athletic young men who work under the title}; of “America’s youngest equilibrists,” will be seen at the Columbia theater Monday, Tuesday and Wednesday on the regular vaudeville program. Canden: Oil jets ass record for the year while United| ment of the reparations problem in-|They present an exhibition that in- The Spanish government has Cuba Cane Sugar pfd, --.-.. States Steel common, Baldwin andj fluenced a stronger tone. Tradej cludes a number of bsidse Saeed or- granted women in, Spain the right it is an act Famous Players Lasky Genera} Asphalt -. General Electric - General Motors Great Northern pfd. Gulf States Steel —-—. American Can also declined. Marked strength developed in, Allied Chemical, Famous Players. Chandler Motors, Davison Chemical and United States Cast Iron Pipe, news continued uncertain with fur- ther reports of a slackening in stee) Production, but this was offset by some excellent statements of quur- terly earnings. iginal with the team. that contains a world of novelties which are bound to appeal to the audience, A couple cannot be called modern to have a voice in municipal affairs, MIX CONQUERS 40° Below Zero hr iar ad pooh mea and the closing was irregular with] Selling pressure was direeted|these days unless they dance. Sow- etn ae ee Int. Mer. Marino pfd sales for the day amounting to| {largely against motor and accessory|ers and Steger are an ideal modern This is why our trees’ and shrubs International Paper 375,000 shares, shares, a series of raids being con-| couple and, to prove it they not only ; are so satisfactory in Wyoming. Send for price list. GRASS SEED We can furnish the bést grade of lawn composed Blue Grass just clover to secure quick results Makes a fine velvety lawn. 5 per pound post paid. covers 200 s TREADWELL NURSERY Co. Great Falis, Mont. The reactionary price movement that had prevailed in trading since the middle of February was tempo- rarily checked during the week by extensive short covering but weak spots continued to develop in the Kelly Springfield Tire -. Kenitecott Copper -. Lima Locomotive Mack Truck Marland Oil Maxwe!l Motors Middle States Oil New York Central Northern Pacific - Pacific Ol me Pan American Petroleum B- Producers and Kefiners - Pure Oli Reading ducted successfully by speculators for the decline, who hammered Yellow Cab and Stewart Warner. Selling of Studebaker was halted by buying support after it had dance but sing and talk as well. They offer a neat routine of these three entertaining commodities, Smith and Revere present @ black- fu: act, Mr. Smith has made a study of the negro type and is as- sisted by Miss Revere who plays a negress. This te‘ented pair of artists offer some rapid-fire talk interrupt- ed by songs. One change in ward- robe is made by Miss Revere who is Tom Mjx faces more perils than the well known Pauline herself in “Eyes of the Forest,” his latest Wil- Mam Fox starring vehicle, which Plays today only at the Iris theater, How close he came to being blown to the place where all good movie actors g0 may be realized from the fact that about two hundred pebbles a splendid commedienne and works] jy." ef ed eeprom in perfect harmony. sion of dynamite in one scene in An expert aerial artist ts Alice De-| which the roadway was blasted, But Garmo who will be seen in what she| ‘Tom rode through on Tony, and fin- terms “tricks,” Sho is 2 person} ished the scene, despite his wounds. whose creativeness and gracefulness| At another time in the picture, in the execution of these feats has} mix, riding to escape a vicious band gained for her an enviable reputa-| of jumber thieves, leaps frum Tony tion in athletic circles. She is asito an airplane. He clutches the much at/home high in the air as she/axle between the landing wheels of is on a level with the footlights. Miss/the plane, which cives to within DeGarmo's work is noteworthy and/ten feet of the ground and 1s lifted fn distinctive for its speed and dex-|thousands of feet into the alr to terity. “safety.” Bud Brownle'’s Budding Beauties} ‘phere are other stunts performed are opening a riew show today, “The! py the intrepid Tom that are sald to Hall Room Boys.” This will be con-|exceed in daring anything he has tinued over tomorrow. “Is Matri-lattempted hetoETAOIN SHRD Ma mory a Failure” is the feature ple-| attempted heretofo: ture today. CONSTANCE IN Is Your Hubby COMEDY ROLE Slipping? Heed forced down to 82. METAL MINING PLANS REVEALED BY FILING One Casper Company Included in Four Recently Chartered by State; Activity Seen in Many Sections This Season. CHEY! E, Wyo., April 19.—Re- vival of mstal mining in Wyoming s Indicated by articles of incorpora- tion filed in the office of the Secre- tary of State. Filings include those of the following mining concerni Mining Development company, capital stock $50,000, headquarters Casper, directors W. A. Crary, Roy @: Martin, B. C. McCrary, Ray Ho- benicht and H. P. Irons. , Centennial Prospecting & Explora- tion company, capital stock $100,000, Sear Roebuck -. Sinclair Con Oil Southern Pacific Southern Railw: Standard Of! of N. J. - Studebaker Corporation Texas Co. -------- Tobacco Products A Tranreontinental O11 Union Pacific U. Ind. Alcohol. United States Rubber - United States Steel Utah Copper ~~~... Westinghouse Electric Willys Overland Colerado Fuel and Iron National Lead Casper Mirror Works We are prepared to take cave of any sized order. Framirig and Resilvering Contractors Please Take Notice 827 Industrial Ave PHONE 1283 headquarters Centennial, directors J. M. Johnston, Fred Schuster, O. H. Thomas. Mica Hill Mining company, capital stock $50,000, headquarters Wheat- land, directors Thomas J. Carroll, N. J. McCallum, and Malcom R. Merril. Palladium Mines company, capital stock $100,000, headquarters Lara- mie, directors T. L. Johnson, J. P. Markley, R. L. George, C. O. Edging- ton, P. C. MeNiff, William Benton and John Hefferon. Wiring Supplies FIXTURES, LAMPS, ELECTRIC APPLIANCES Radio Supplies Motor Repairing Electric Supply And Construction Co. Syn rset personas tion stunts by cowboys and cowgirls * a 142 E. Midwest Phone 483W es Shee 108 55 0% that will furnish plenty of thrills. ~~. Phis Warning Estimate Gladly Furnished Buck Creek 18 20 seen overt L. Coney of BREE AS ERE. TS ermopolis, who gained his ‘3 Haceetcne Salt Creek. :30 (33 MARK FPOGH IN HISTORY esperioce in Pepys Pah Be unfsualt’ Chappell | -—-—-— 18% 18 arranged for g fleet of three airships hp cmisrcee. ra pa Garena ee eee Columbine —--- oT ae which will give exhibition stunts. It pe iy : HAY—G! Central Pipe 1.90 2.00 Ie intended to have threc-planse,a| Consens danaedgete viamniree| See MMISEY Ge Wille, (who. inantd Bs aS gpa Consolidated 126 1.37 the alr at one time and the ®*Pig| wi whee with Jor when they see | tis-startling message through his Cow Gulch 3.04 THERMOPOLIS, April 19.—The| aviators have promised to furnish her in The Goldfieh”” « First Na. | test Paramount production ‘Don’t C: Wa Te nS Os ‘ag. | Dis opening celebration of Wind| more thrills than the threering betta daatixe ehlbien Aik: Sec aeore Gallas Lave," which will be shown | Casper Warehouse Co. e - 08 “ e Y r . att ° r f. T. Williams ‘52 | River canyon highway to be held| circus of grandfather's day. at the America theater.on Tuesday, tinbaggne ye cm Sua ae a ca: 268 INDUSTRIAL AVE Fargo 03.08 Jat Thermopolis. July 1,.2, and 3,| A big carnival and trained wild] Wednesday and Thursday. “Wives! Be unusual! TEL. 27 Frantz x will mark an epoch {n the history |#nimal exhibition will be another of| Constance has definitely deserted $ 3 es : tion for the privil of exhibiting t vities come- ae isi Lance Creek a es ( . of “Don't Cal ove,” It is there-; chickens use ictor uttermi Marine -. bration have been busy and as a pure OcAthe :coMnay 6 Sareea carnt-/in a comedy which is a side-splitter. | tore necessary that a woman, if she|Starter. For more eggs feed Mike Henry result have concluded arrangements | Val 8 hen ch Feauires| "In “The Goldfish.” which was dl-| vould continue to hold the interest | Victor Scratch Feed and Laying mo for @ great wild west exhibition, the|tWo sold trains of steel cars to} rected by Jerome Storm, Constance] sr her husband after: marries, to | Mah, , Ni largest thing of the kind ever held|carry thelr equipment, assuring| has three husbands, roles played by | airrerent. ” Ph ardy in this part of the state, Nearly | one of the largest shows evex_staged| Jack Mulhall, Jean Hersholt and not belleve this pleture tr reston a hundred roughriders from all parts | !n Wyoming. William Conklin. Two of the hus- Red of Wyoming have been entered as Prominent men In the state and/ bands are divorced, that is to say contestants in the program. Be|nation will take part in the pro-| they are handed the fatal bow! of sides the contests, there. are exhibi- | gram. goldfish which gives them their Western Ww on NEW YORK cumB Mountain Producers Glenrock Oil Salt Creek Pras. Salt Creek Cons - New York Ol! Mutual .— 8. 0, Indian: 11.00 59.00 MEADOWLAND Irrigated, Dairy, Poultry and Garden Tracts The Third Day ! Artes marks the anniversary anstolt > of that great Third Day upon Buckeye bites sr00| Pk, ae reminder of ise Casbariend everlasting. oe eee. Illinois Easter is a day which should Tndiana J contemplated with solemn thocghe N. ¥. Tran rhaps the greatest, most signif- Nor. Pipe ‘ icant day in the year for the fok Ohio Oil lowers of Christ, Prairie Of . Prairie Pipe Solar Ref. Sou. Pipe 8. O. Kan 8. 0. K THEM OVER Ten Miles East on the Yellowstone Highway, Turn to the Left at the MEADOWLAND Sign Board Vacuum . P. OM .. 8..0. Ind. CRUDE MARKET Cat Creek ..........___.-J1.95, Lance Creek ...-. Osage ---.--- — TRAIN SCHEDULES Ohicage & Northwestern race Crea ciel ——" Ten Acres, $50.00 First Payment, here Ch GIES prosorvmaaecemmmnams and $35.00 Per Month ie — rei eek rare eer + Big Muddy —~ 1.50 Mule Creek 1.10 Sunburst .. 1.05 no ogetaatd forage e e N S O N O e SALT CREEK BUSSES Many women clerks employed in public offices in England are only earning six to elght dollars a week. te 3 Busses a Day Each Wa: LEAVE CASPER-CARKEON BULLDING Reeve Salt Creek jaggage and Express ig oad Called for and Delivered Sam - Mm. Salt Creek Transportation 2p. m. 2:30 p. m. Company Tel. 144 3 p. m. 343 Producers and Refiners Bldg. PHONE 1761 Mountain View Subt#b lots ara $260, $10 down, $7.60 a month,