Casper Daily Tribune Newspaper, April 28, 1924, Page 7

MONDAY, APRIL 28, 1924. : witiRla Set Sinety: teto 6d Stocks, In the previous article on oil _Pro- duction securities I detailed a few of the hazards in oil production which account for the enormous losses of inexperienced speculators. Undoubtedly misrepresentation {s at the bottom of most of these losses, The risk has not been fully present- buyers of oij stocks had been cor- rectly Informed of the danger, in- or dishonest speculator who will Present the complete pic- ture If he is to invest or to speculate sanely In ofl securities. Ol] production is essentially a com- mon stock proposition. There is nothing of Ape and commen- surate value that may be as basis for a bond Neaua waters the uncertainties of production and the certainty of ultimate exhaustion of a field's deposits forbid a prefer- red stock issue, Buyers of preferred stock naturally anticipate a sound liquidating value of their stock and there is no assurance that such stock could be taken up by future returns from oll wells. But of] production has become such an essential to modern life that it must be financed, The very na- ture of the business calls for com- mon stock financing, with purchas- ers of stock knowingly essuming the risks and depending on large profits to pay for them. Obviously the persons of moderate means and. with virtually no way of obtaining dependable, expert information, has no business dabbiing in oll. The money should come from profes- sional operators, from large oll com- panies or from well-to-do business men and bankers who can and will employ honest, experienced, expert oil men to conduct operations, and who can thereby expect a fair chance to obtain the possible large returns. But the small investor, who goes out after the large returns, cannot afford the loss, which is always oo sible even in the most expert and honest operation. More than that, he usually is unable to know whether he {s putting.his money into a thoroughly honest and com- petent enterprise. He is in no pi tion to judge of the large army of Professional ofl stock swindlers. Established, of! companies do a good deal of exploring and develop- ing and employ the most dependable known methods. They can afford the certain losses that occur because their other developments will pay. Stock in such sound, established en- terprises {s well worthy of considera- tion, {f the investor is able to assume the risk, The fact that an oll opera- tor is a big league baseball player, a minister, or the son of a governo; @ senator, a general or a dry goo prince doesn’t mean anything. The oil business requires oil experts, not Professional athletes and family bite if it ts to be conducted profit- ably. GREAT WESTERN HAS BIG 1923 REVENUES DENVER, Colo., April 28%.—The net earnings of the Great Western Sugar company, operuting sixteen beet sugar factories in Colorado, Ne- braska, Montana and Wyoming, for the fical year ending February 28, 1924 were $12,004,303.74, according to the annual statement issued today by the company. The total profit for_the year was $14,422,681.84. This was derived, $13,760,579.24 from operations, $211,639.22 from interest income and. $450,733.38 trom invest- ments. At the close of business on Febra- ery 29 the company had $7,393,320.11 as @ reserve fund for deferred manu- facturing costs to care for the ad- payments to sugar .beet on the sliding contract in effect. Of this amount the company expended $2,500,000.on April 1 te Tn an official statement which ac- companies the financial statement for the year W. L. Petrikin, presi- dent of the company, declares that the total production of granulated « sugar for tHe season was 5,918,381 bags of 100 pounds each, represent- ing an increase of approximately 18 Percent over the previous season's Production. In addition, Mr. Petri- kin's statement says: “The outlook for the coming sea- son is encouraging, The best con- tract, worked out in joint conference with the various beet growers’ as- Sociations in our territories, has re- ceived the endorsement of these or- ganizations, and It is expected that all plants will be operated with a good supply of beets the coming season.” In commenting on the record of last year the statement adds! “Cli- matic conditions during most of the growing season were quite un- usual, The abnormally heavy pre- cipitation was undoubtedly an im. portant factor in the per acre aver- age yleld of 12.18 tons, which figure has been exceeded but once during the last ten year period. Unfavorable weather conditions during the har- vesting period not only resulted in higher harvesting costs to both|” grower and company, but also im- Paired the ripening of the crop, which showed a lower average sugar content than that of the previous season.” Political Conventions Will Stimulate Many Businesses By J. C, ROYLES (Copyright, 1924, Casper Tribune) NEW YORK, April 28—Whatever faction the two great political con- ventions may take next June, those assemblies are counted on to provide &@ decided stimulus to many lines of business throughout the country. It is conservatively estimated that while the Democratic convention is assembled in New York the restau rants of this city will be called on to feed at least two million people. ‘The daily ration for this number, which, of course, will not consist entirely of out of town visitors, in- cludes 1,980,000 pounds of beef, 332,- 000 pounds of butter, 5,900,000 pounds of eggs, 996,000 quarts of milk and 964,000 pounds of poultry, besides tho dry groceries, vegetables and non-perishable forms of food. Almost as extensive plans are be- ing made by Cleveland to entertain visitors to the Republican conven- tion. About 40,000 to 60,000 out of town visitors are. expected to the Ohio city at the time of the gath- ering. ‘The hotels of the city pro- ‘vide 17,000 rooms which mean that in some cases four to six persons will have to occupy @ room while the average ment will place three in each. It is figured that from 3,000 to 5,000 out of towners ‘will find quarters with friends or others will depend on fast interur- ban ‘transportation, and spend each night in some other Ohio city. In apite of the efficient efforte of the w York hotel men to care for all transients and to do so without raising rates, the struggle here for quarters will be accrued, Even now, hotels are crowded and banks in oth- er cities are advertising that as a result of their desire to render use- ful personal, service to their deposi- tors and clients they are prepared to make hotel reservations for cus- tomers of the bank at some of the more prominent hostelries from thie time on, The entry of large financial instl- tutions into an accommodation of uch a sort is regarded among bank- era as one of the most significant evidences of the ¢ffort made since the ‘war by banks to establish intimate Personal relations of service and edvice with thelr clients. Merchants here and in Cleveland naturally look forward to a large in- crease in business as a result, for it is a recognized fact that crowds which assemble at such gathering! are free spenders. However, mer- chants in ot} sections also will Profit, for fo delegates will leave thelr bome téwns without making fairly extensive purchase in anticl- Pation «f thelr needs. ‘The ‘heatrical seegon here un- doubtedly will be more prolonged than ever before because of the con- ventions. ‘Theaters which normally close at the first hint of the hot weather will remain open and al- ready tickets for some productions during convention week are at a premium. Raffroads are preparing for the rush both from distant and nearby points, Guburban service will be, augmented and many transconti- nental trains will carry extra equip- ment. Conservative estimates indi- cate that the amount expended in Cleveland and New York by trans- ‘ents while the standard bearers of the two great, parties are being se- lected will run between $2,000,000 and $5,000,000 a day and may well exceed the latter sum. St. Paul will benefit heavily from the stimulus to trade provided by the Farmer-Labor convention in.that city—although not to so great extent as Cleveland and New York. Butter and Eggs CHICAGO, April 28.—Butter low- er; creamery extras 36; standards ¥; extra fists 35@35%; firsts 34@ 44. Sees unchanged: receipts 43,120 canes; firsts 2144@22; ordinary firsts 20@20%; storage pack extras 24%; firsts 24. NEW YORK, April 28— Butter steady; receipts 5,759; creamery, higher than extras 37%4Z38c; cream: extras (92 score) 37c; ditto, firsts (88 to 91 score) 35% @36%c; packing stock, current make number 2, 27 @27%c. Eggs unsettled; receipts 24,546; fresh gathered extra firsts, regular packed, 25@25%0; ditto, torage packed 26@26%0; fresh gathered firsts, regular packed 24@24%o; dit- to, storage packed 26%; fresh gath- ered, seconds and poorer, 2344 @23%; nearby Hennory whites, closely se- lected, extras, 32@33c; nearby and nearby western hennery whites, whites, firsts to average extras 27 @33c; nearby hennery orowns ex: tras 29@31c; Pacific coast whites extras unquoted; ditto firsts to ex: tra firsts, 80@330. Cheese steady; receipts 48,081. State, whole milk flats, fresh fancy W@iic; aitto average run 15%; state, whole milk flats, held fancy to fancy specials 24@25c; ditto, aver- age run 23@23%c. Hard-botied eggs are being used as money in parte of Southern Russia. Smetting & Refg. - SUga? ~<a ese T. and T. - Tobaced ~-.------- Aes. ee Anaconda Copper ---------.. Atchison ,------—-----.---- Atl, Gulf and West Indies -_ Baldwin Locomotive -------. Baltimore and Ohio -----.... Kethlehem Steel ~-.----—--~ Petroleum --.-—-- 2314 Canadian Pacific ----.---.--- 147% 44% 44 73% 51 24% 23% 27% 16% 62%, 169 82% 52% ‘Chicago, Mil., & St. Paul pta Chicago, R. I, and Pac. -----. Chile Copper -_-. Chino Copper --. Consolidated Gas Corn: Products -...-.------- Cosden Oil -.. Crucible Stee} Cuba Cane Sugar, pfd. 57% Erle - 24% Famous 69% Genera! ‘Asphalt General Electric General~ Motors ~~~. Great Northern pfd. Gulf States Steel 34% 12 13% 55% 67% Illinois Central -..-—-0----- 101% Inspiration Copper --------- 24% International Harvester -.-. 84% Int. Mer. Marine pfd. ------. 32% International Paper ---.----. 37B Invincible Oil ~--.---------. 15% Kelly Springfield Tire --.--. 14% Kennecott Capper wens 38% Lima Locomotive % B Louisville and Nashville ——- 90% Mack Truck ------.---—.... 79 Marland Oi} --------_. 34% Maxwell Motors ..--.------- 11% Middle States Oil --.--.-.. 3% Missouri, Kan. & Tex new---. 11B Missouri Pacific pfd. -------- 38% New York Central ----- 100% N. Y., N. H. and Hartford -. 17% Norfolk and Western --..... 122% Northern Pacific ------.-... Pacific Oil e-em eweeenve Pan-American Petroleum B - Pennsylvania, .-~.----------- People's Gas -..------------— Producers and Refiners -.....2 Pure Oil --—.. 22 Reading weveweeenewenene- 52 Republic Iron and Steel... 46 Sears Roebuck ase BUR Sinclair Con Oil ----..-. 20% Sauthern Pacific -.--------.- 88% Southern Railway ~-..----.. “53 Standard Oil of N. J. -... 35% United States Rubber - United States Steel -. Utah Copper --.-—... Westinghouse Electric Willys Overland ---....... Butte and Superior -._. American Zinc, Lead and Sm 8 Colorado Fuel and Ircn Montana Power Nationa! Lead Shattuck. Arizona Buckeye --. Continental Cumberland Prairie Pipe -... Solar Ref. 41% 805 61 Oly 187 140 58% 5815 CRUDE MARKET Cat Creek ~.--...--~-. Lance Creek Osage - Grass Creck lig! 7 ooo Grass Creek, heavy ---.. Greybull ‘Torehlight Elk Basin Rock Creek ~-...--. Salt Creek ----.-.-.. Big Muddy .-...... Mule Creek ...-.---<---. “= Sunburst —... - 1,05 Hamilton Dome . ~ 1.40 Bettis! cc eee nee e wn ee. . BYTON ~--n----nenwwnnneneeeen= 1.95 Notches ~.--~--2---.---------- 65 Pilot Butte ..-.... ewwennn= 1.10 NEW YORK, April 28,—Foreign exchanges easy; quotations in cents. at Britain demand 438%; ca- 60-day bills on banks @ demand 6.44; cables Italy demand 4.47; cables Belgium demand 5.47; cables Germany demand per trillion Holland $7.21; Norway 13.76; Sweden 26.28; Denmark 16.77; Swit- zerland 17.76%; Spain 13.74; Greece 202; Poland ,000018; Czecho Slovakia 2.92%; Jugo Slavia 1.24%; Austria 0014%; Rumania .52%; Argentine Brazil 11.25; Tokio 39%; Mon- treal 98 17-82, 447%: 5.48, Cenrteal Leather ~.-.—---11% B’ Stocks NEWS AND QUOTATIONS BY LEASED Consolidated Royalty .1,25 1.25 Cow Gulch ~--..-.---- 03.04 Domino ~-----cnwce--= 08 «10 FEMUhOIN — --neencwneece § .02 +04 BE. T. Willams ....-- .46 AS Lance Creek Royalty ~ .01 _.0115 Marine -. weer—--= 3.00 8.50 Mike Henry --------- .00% .01 Mountain & Guilt New York Oil Royalty & Pro cers. 06% 07K le eee ee 054.061 Tom Bell Royalty .. 02 03 Western Exploration — 3.50 3.75 WycKans -_ 90 1.00 Western State: 319-5 31 be dio Eye ee 06 08 NEW york “coRB CLOSING Mountain Produders 18.87 19.00 Glenrock O11 .. - 30 Salt Creek Prds. —~ 25.25 Salt Creek Cons, --.. 9.12 Mutual * -...--.-..--. 10.87 8. O. Indiana --.. 58.37 ee LIVESTOCK. CHICAGO, April 28,—Hogs—Re- ceipts 56,000; Moderately active, 6 to 10¢ lower than Saturday's best time, or 4 round 6c lower than the average; mixed offerings show most decline; bulk good and choice 250 to 825 pound butchers $7.30@87.40; top $7.40; bulk desirable 160 to 210 pound weight $7.20@7.30; better Srades 149 to 150 pound averages mostly $6.70@$7.1 packing sow: largely $6.60@$6.80; killing pigs un- changed; bulk good and choice 120 to 130 pound weight $6.00@$6.40; heavy weight hogs. $7.15@$7.40; medium $7.10@$7.40; light $6.80@ $7.35; Ught light, $5.90@$7.20; pack- ing sows smooth $6.70@$6.85; pack- ter pigs $4.50@$6.50. Cattle — Receipts 19,000; grades beef steers and fat sho stock weak to 25c lower; mostly 15 t# 25c better lower; trade very slow; killing qual- ity medium to good; shipping de- mand comparatively narrow; early top matured steers 11.50; bulk early sales $8.50@$10.25; most grades yearlings sharing downturn; lower grades young steers and fed and stockers and feeders steady, Latter class scarce; strong in sports; welght bologna bulls moderately active, strong; others steady; veal calves mostly $7.d0@ $7.50 for light kind; upward to $8.50 for good to choice handy weight to packers; some meaty strong weight i ers on country account early 00; bulk stockers and feeders $6.75 ois. 25. Sheep—Receipts 16,000; slow, very ttle early business; few medium fat clipped lambs $13.50@$14.00; around steady; talking lower on fat sheep, | OMAHA, Neb., April 28.—Hogs—| Receipts 12,500; few early sales 5@ 10¢ lower; active; later mostly five} cents lower; bulk good and choice 220 to 300 pound butchers $7.05; top $7.10; 180 to 220 pound weight $6.75 @$7.00; 150 to 180 pound lights $6.60 @%6.75; packing sows generally steady; bulk 0 @ $6.51 average cost Baturday $7.00; weight 250. Cattle—Receipts 9,400; very slow; few sales steers and yearlings 15@ 25c lower; top steers $10.90; bulk $7.05@$10.25; cholee cows and heif- ers steady; others 10@15c lower; canners and cutters a vealers steady; bulla dull 15@ lower; stockers and feeders steady; bulk buteher cows and helfers $5.25@ $7.50; canners and cutters $4.25; bologna bulle $4.25@ 84 35; practical veal top $8.50; bulk stock- ers and steers $6.50@$8.00: one string of special feeders $9.10, Sheep—Receipts 11,000; top lambs slow; no early sales; bidding 15@25e lower; medium to good ewes $8.00@ $8.25; few head $9.00; shearing lambs slow, weak to lower. DENVER, Colo., April 25.—Hogs —Receipts 1,700; active, steady to strong; top $7.10 paid for cholce 213 to 260 pound averages; others $6.80 to $7.06; few $6.70; light lights $6; packing sows mostly $5.75; fat pige $6.50 to $5.75; utock kind $5. Cattle—Recelpts 2.200; calves 150; calves strong; best vealers $11.50 to $12; opening sales all classes steady; no fat steers sold early; few good heifers $7.25 to $7.75; some late ar- rivals held considerably higher; rev- eral loads cows $5.90 to $6.50; cor: mon kind $4 to $5.26; yearling stock- ers $7.65; stock heifers $5.65; me- @ium mixed steers and heifers to killers $7.50, Sheep—Receipts 6.800; run in 12 loads in two bids, sheep slow; weak to 15e lower; 79 to 87 pound aver- ages $14.95 to $14.90 flat; some held higher, two londs 76 pound aver- agen to shearers $15.25 freight paid. POTATOES CHICAGO, April 28.—Potatoos: Trading very slow; market weak; receipts 107 cara; total United States 64; Wisconsin bulk round whites shipments Saturday 491; Sunday 64; Winconsin bulk round whites $1.00 @1.26; sacked $1.10@1.25; Minnesota and North Dakota sacked Red River Ohios $1.00@1.50, according to qual- ity; Idaho # Russets $2.00@ 2.40; Montana sacked Russets $1.90 @ | ture Grain STOCK MARKET HAO TIEACTION Oil, Steel, Motor and Tex- tile Shares Feel Brunt of Price Drops NEW YORK, April 28.—Official confirmation of a slackening in bus- iness activity which was contained in March statement of the federal reserve bank provided the basis for a sharp reaction in today’s stock market, which was particularly ef- fective In the steel, motor, oll, sugar and textile shares. Reports of price concessions by steel manufacturers contributing factor to selling move- ment. Sales approximated 650,000 shares. Stock prices moved irregularly at the opening of today’s market, with realizing sales causing fractional re- cessions in some of the motor, ofl and sugar shares. Price move- ments of the industrial leaders were mixed, American Can moving up and U._8. Steel falling back 1%. Resumption of professional bear attacks against the steel shares, based on reports of further price con- cessions later unsettled the entire market, Losses of 1 to 2 points were registered by Gulf States Steel, Baldwin, Studebaker, American Woolen, DuPont, Colorado Fuel and General Electric. American Can also came under selling pressure and was forced down a point. Unit- ed States Cast Iron pipe, after ad- vancing 1% to a new high level for the year at 90%, broke 3% points. Norfolk and Western and several low priced railroad issues gained fractionally. Foreign exchanges opened firm, The market, having lost much of its technical strength by the sharp rally in the closing days of last week, proved susceptible to bear u ich was vigorously ap- bly in & determined ef- eck buying operations by tracers and investors who were be- coming convinced that the market had definitely turned downward. Steels, oils, motors, chemicals and sugars bore the brunt of the attacks Davison Chemical, Willys Overland preferred, Yellow Cab, Stewart War- ner, American Sugar Refining, Tide- water Oil and U. 8S. Steel common, all selling two or more below S&S: urday's closing quotations. Nc folk and Western climbed more than 2 points, and American Tobacco was up 1%. Call money opened at per cent, rofessionals who experimented on the short elde of the market found there was apparently little buying power except at consider- able concessions and accordingly directed their attacks against shares which largely govern the general market's trend. U. S. Steel was laammered down 3 points to 98, and losses of 2% to 5 points were es-|* tablished by ‘over a dozen issues, among which were American Can, Baldwin, American Woolen and D pont. United States Steel subse. suently rallied to 98% and a few other shares also made feeble re- coveries. The closing was heavy. Trading quieted down somewhat {n tho final hour with a number of the leaders rallying slightly on short covering. ae Wallace Creek Test Test of the Wallace Creek struc- | by the Mutual Oil company will be begun during the week, ac- cording to present indications. ‘The crew is now at the rig which was erected ,last. fall. Practically everything is now in readiness for spudding in. The test will be made through Tertlary and upon the rec- ommendation of William Geis, geol- ogist for Consolidated Royalty Cor: poration which is interested in the structure, Guernsey Test Near Another test of the Guernsey structure {s to start within the next month, ‘The new well will be a half mile nearer the apex of the structure. Development work ts being pushed by the Platte River Drilling association, Billy Creek Report Present drilling depth of tho Billy Creek test well its 4,549 feet. i SUMMARY OF NIGHT NEWS MEXICO CITY—General duan Alonzo and subordinate officers cap- tured by federal troops Saturday, were given ® summary court mar- tial and immodiately executed, NEW YORK—Robert J. Sander jon, husband of Nina Wilcox Put- nam, author, formally declared the alienation of affection charges with which his -wife's name was lnked last winter, were false, DULUTH, "Minn.—Thirty _ three ships are stalled in and near Duluth harbor by huge ico floes, CHICAGO, Rev. Henry Rompel strapped on three pistols and led raiders at Joliet, Illinois, in obtain- ing evidence upon which it is ex- pected to close 20 Mquor selling places for a year CHICAGO—The Institute of Amer- ican Meat Packers, announced hams and bacon are being sold wholesale at the lowest prices since the pre- war period. WASHINGTON—Secretary Advised President Coolidge that the treasury department had completed {te inquiry into charges of irregu- Inrities in the bureau of engraving and had found them baseless, WHEAT MARKET | PROVES HEAVY Close Unsettled After Ease- Down In Early Dealings In Markets CHICAGO, April 28.—Heavy rains benefiting plant growth in the do- mestic winter crop belt eased down wheat prices today during the early dealings. No attention was given to reports of delay to farm work in the Canadian Northwest. Commis- sion houses were the chief sellers, mostly on behalf of scattered hold- ers. The opening, which ranged from %c lower to a shade advance, May $1.03% to $1.03%, and July 91.05% to $1.0514, was followed by a moderate general setback. Increased pressure to sell weak- ened the corn market. Eastern demand was still lght, after opening %& to Ke off, May 76% to 76%c, prices underwent a material further decline. Oats held steady, starting at %o off to a like advance, May 46% to 46% @%, and then holding near to the initial figures. Provisions were depressed by low- er quotations on hogs. A decrease of 2,043,000 bushels in the United States visible supply to- tal failed to bring about any im- portant new buying. The close was unsettled, 4 to%c net lower, May $1.02% to $1.03 and July $1.05%@ % to $1.05%. Scantiness of corn receipts helped to rally the market later, The close was unsettled at %o net de- cline to tc gain, May 76% to 76% @iitc. Wheat number 1 hard $1.06@$1,12/ number 2 hard $1.04%@$1-12, Corn number 2 mixed 76%; num- ber 2 yellow 78% @79. Oats number 2 white 43% @50; number 3 white 4714 @48%. Rye number 4, 64%. Barley. 73% @Bic. Timothy seed $5.00@$7.50. Clover seed $13.50@$21.00, Lard $10.50. Ribs §10.00. Bellies $20.25 Open High Low Closing 1.03% 1.02% 1. 1.05% 1.04% 1. 1.06% 1.05% 1.06 17 18% 18% 78% 78 78 “4% 46% 44M 0 139% 10.609 10.60 10,52 10.52 -10.80 10.80 10,77 10,77 9.70 July 9.87 BELLIES: May -10.15 10.15 10.10 10,10 July . 10.45 10.45 10.32 10,37 MINNEAPOLIS, Minn., April 28. ‘lour unchanged. S $6-45@$6 Bran Visible Grain Supply NEW YORK, April .38.—The vis-|“ ible supply of American grain shows the following changes in bushels: Wheat—Decreased 2,043,000, Corn—Decreased 1,960,000, Oats—Decreased 924,000, Rye—Decreased 568,000, 115,000. Barley—Decreased LIBERTY BONDS NEW YORK, April 28.—Liberty bonds closed: 3%c 99.; 20; first 45 100.7; second 4%s 100.2; third 4%s 100.15; fourth 4%4s 10 U. 8. gov- ernment 4%s 101.15, Ledet: 2 Roa WYOMING OILS NEW YORK, April 28.—Prices of Wyoming olls at 2 p. m, today were listed on the New York curb as/ follows: Standard Ot] (Indiana) 58%; tain Producers 19; Mutual Omar 68, Moun 104 ——- — GAS CUT IS. ANTICIPATED SIOUX FALLS, 8. D., April 28— Independent Oil dealers of South Dakota will make “adjustments” in the price of gasoline which will bring it to a lower level unless the “large competitors” reduce prices “witsm the next few days,” it was announe- ed today by the Independent Ot! dealers association of South Dakota, through J, 1. Cumbow of Sioux Falls, pate 4 FORD RESERVE IS ENORMOUS NEW YORK, April 28,—"Tho Ford Motor company, Inc, in its balance sheet as of February 29, 1924, shows cash, accounts recelv able, notes receivable, securiti patent rights and trade marks as one item with a combined total of 71,618,668 as compared with a total of $288,659.307 for that grouping in| spot and the previous years. Last year’s statement included cash on hand of | $159,605 7, but cash on hand this} year is not disclosed. Profit and nereased = fre $359,777,508 to $442,041,081 this year. at $1 Capital 764,500 and go ocks remained id will at $20,-| — thousand boys « Forty girls are out of work in London largely be-| cause they had to take to casual] labor through lack of training for a particular vocation. Livestock :: All Markets Czechoslovak Rep., 80 Ctfs. Dominion of Canada, Ss, 19 French Republic, Japanese dn. Kingdom of Bi Kingdom of Norway, 6s a of Chile, Se, 1946 .. -of G. B. & 1, 54s, American Smelting Ss - American Sugar, 63 —._.--. American Tel. Col., tr. Anaconda Copper 7s, AnaconCca Copper 6: At. T. and San Fe., gen. 4s — Baltimore and Ohio, cv., 448 Bethlehem Steei con., 6s, Series A .. Canadian Pac™™< deb., 48 .... Chicago, Burlington and Quincy ref, Chicago, Milwaukee and St. Paul c Chile Copper 6s ~-.. Goodyear Tire 8s, 1941 Great Northern, 7s A Montana Power, 58 A. Northern Pacific ret., Northwestern Bell. ‘Tel Pacific Gas and Elec Penn. R. R. Sinclair Co! Southern Ps 8. Hubber be. Utah Power and Lights Western Union 6%s. ~ Westinghouse Electric 7s Wilson and Co. Ts. Railway and Misceliancous 5s A. 4io MATIMONY BY MAIL COURSE (Continued from Page One) says, is only $10. One man from Chi- cago wrote that he wished he could commute to Brooklyn weekly for the lectures and if some form of correspondence course in the mat- ter could be arranged he wished to be enrolled. “It has even been suggested that I arrange a similar course for wo- men giving special attention to a parental care of children. I think it is a matter for the Y. W. C. A., perhaps.” The flood of correspondence re- ceived has tossed many strange letters into Mr. Gibney’s files. Among them are a score of letters from lonely women in various parts of the world, offering themselves as possible wives for graduates of the matrimonial school. "They come from widows, from young girls and from girls not so young who are beginning to fear that their charms were born te bloom unseen,” Mr. Gibney ex- plained. METALS ¥ YORK, April electrolytic spot ; futures 13%, Tin—Firmer, spot and 49.25; futures 4914. No. 1 northern southern 2 ead—Bteady; spot 7. zincs—Steady rt Spot 28.—Copper and nearby nearby northern 08 Louls 6.00 @6.05. 9.50. Antimon NEW YORK, April 28.—Call mon- ey steady; high 3%; low 3%; ruling rate 3 losing bid 3%; offered at 4; call loans against acceptan time loans ate ; 60-90 4%; prime comm paper 4% @4%. ught at dawn particular day of the year, when they rive-to the surface of the cea for two hours. Abagall “Gradma’* Strong, who lives with her 63 year old daught Amelia in an old shack in Chicago, ie allowed $20 a month by the Daughters of the American Revo- |lution, She is one of the thirteen children of Tana tugs, a M husetta soltier who served with the Continental Army in 1776, Mrs, Strong went to Chicago from New York in 1861, ;] and welghing 118 pounds, FIFTH AVENUE ID TOO WILD (Continued from Page One) “although the price for all six} But I wouldn't ive in New York’tt you'd give me the whole city with a fence around it. I caint sleep; T cain’t eat. I keep my hand on my pocket book in the subway Good Jupiter! mister, you're liable,to get stuck up any minute, and it's as much as a man’s life.is worth to cross Fifth Avenue,” Gosh! How He Dreads Trips» is going back to Wyoming counting the minutes, He came to New York on business and was appointed one of the offictal guldes of the Buffalo Bill American Association at 469 Fith Avenue to conduct parties to Yellowstone Pati and to the site of the association's bronze equestrian statue of Buffalo Bill on the heights above the Sho- shone River, The statue will be the work of Mrs. Harry Payne Whitney. New York is not new to Jos. Tie has been coming hero at least once a year for twelve years. And, gosh how he dreads it! Joo has a dade ranch out in Wyoming, fifty miles from Cody and twelve miles from the old T-E estates owned by Bot falo Bill Wealthy New Yorkers visit the ranch each summer, ‘up at the end of the wagon trail, ‘to hunt bear, moose, elk, deer and big horn sheep on the hills of the Continental Divide. They get hard- efied, too. Joe, has spent most of his life in the saddle, says a saddle ts far dif. ferent from perching on tho uphel stery of a fine automobile, espe fally at the beginning. He says too, that at the end of a forty-five mile trip, somebody is Mkely to got careless and fall off a cliff, dama; ing the heads of the t game they're bringing back, to say noth: ing of themselves. Too Doggene Many People Joe is keen-minded, but nature neglected him in stature. In fart. back In 1898, when he went to tie Philippines with the 1st Idaho In- fantry, he was the smallest mon in the army—five feet two Inches His logs hever will be straight. He was mountul yesterday. he probably would have eried right into his strawberry ice cream soda’ "if he had had one, but he w vous he didn’t dare to Joe in a mit of a mountain He shook his head “Lemme get out where there aff’t so doggone many people,” he sighed “Gimme my pack mules and saddle horses, Gimme the altitude of the mountains and the camp fire, where & man tells you his life history. Lord, but I want to get back! I'd greaze ‘a man's boots to be there” Joe starts back Monday for the opening of the dude wrangling see. son on May 15. street the sub s back home — fy, SUGAR: 78 NEW YORK, April 28,—Refined sugar was unchanged to 15 points lower, fine granulated ranging from $7.80 to $8.10 Refined futures were nominal, NEW YORK, April 28,—Sugar fu tures closed easy; approximate sales 24,100 tops. May 4.40; July 4.59; September 4.60; December 419. po de bbe er cen SILVER NEW YORK, April 28.—Bar allver 64%; Mexican dollars 49%, TOO LATE TO CLASSIFY pply rit tur month. FOR RENT—Fo: nished t room house, + $40 per Mountain View Suburb lets are $250, $10 down, $7.60 » month. Seuineieeaeeinelienemttiieiee —E @ ' 3 ' “ ———