Casper Daily Tribune Newspaper, April 30, 1924, Page 9

TOBACCO PLANTERS ' ‘TURNING TO COTTON Ten Per Cent ——_——_——_ Less Acreage to Be Planted to Weed in Virginia as Result of Money Made Last Year in Cotton. By J. ©. ROYLE (Copyright, 1924, Casper Tribune) NEW YORK, April 30.—The army of tobacco users is being steadily re- eruited in America and other coun- tries, But there is a possibility that the ammunition which will load their pipes, cigar and cigarette holders, will not be so plentiful in 1924. The reason for this is that some of the Virginia planters have not been en- tirely faithful to their first love and are flirting with cotton. experts estfmate that Vir- gala oe are setting aside ten per cent less acreage to be cultivated to tobacco this year than in 1923, in spite of the fact that factory de- mand is strong, prices good and fer- tilizer cheaper than last year. Last year many farmers planted cotton on thelr tobacco lands and since the plants were not infested with boll weevil, they made money. Many have come to the conclusion they can do the same this year with addi- tional old tobacco land and increase profits, John J. Owens, assistant commis. al of agriculture of Virginia, wha has just completed a survey of the ‘tobacco growing states, declares that the Virginia acreage might from 190,000, the amount cul- tivated last year, to 170,000 acres. n North Carolina, South Carolina Georgia, however, the acreage is expected to be slightly larger, ac- cording to Henry M. Taylor, federal “Atatistician stationed with the Vir- ginfa) department ‘of agriculture. This (tendency is especially notice- able in the two latter states, North is going to have one final fling at cotton in spite of the boll Weevil and hence will not go in so strenuously for tobacco cultivation. Fertilizers are costing the farmer about $5 a ton less than last year, but this has been an influence in favor of planting cotton as well as tobaceo, Planting has been some- what delayed by wet weather, but tobacco men now will begin shortly to put in their crops. Their is no reason to foresee any decrease in the manufacture of to- bacco, according to T. M. Carring- ton, president of the Tobacco asso- elation of the United States. He es- timated that $1,600,000,000 worth of tobacco products was manufactured and sold at retail last year. He expects no general reduction in prices although the American To- bacco company has recently cut the prices of some brands slightly. “Even if there were to be a serious depression in business" he added, “tobacco would not suffer mate- rially, for people buy it whether they are rich or poor, working or idle." The tobacco grown by Virginia farmers last year returned them about $30,000,000, although prices were not quite so high as in 1922, as the quality was not so good. Bright tobacco brought an average of $26 a hundred pounds as com- pared with $27 the previous year, while dark tobacco averaged $15, or $3 a hundred less than the previous year. Practically all the 1923 crop now has left the farms. The Pennsylvania crop much. of which went into cigars manufactured in that state, brought growem about $10,000,000, _ Indications are that the Pennsylvania sereage will be about the same as last year, as a shortage of seed is oferating against an increase in planting. The 40,800 acres cultivated Inst year, yielded 53,084.490 pounds, The value of the crop can be estimated from the fact that the average yield from tobacco lands in Lancaster county Jast year was $247 an acre, The government benefited to the extent of $350,000,000 last year from taxes on tobacco. Cigar consump- tion has fallen off materially since 1913 and amounted in 1923 to 6,722,- 954,000. Another Increase in ciga- rette production is predicted for this year in spite of the slow sales of the first quarter, although it {fs not expected to be so marked as in 1923, Commodity Autmobiles. IT—The Hudson, Cont!- and Chrysler plants here are night shifts. The present 1s that the excess stocks of both dealers and manufaoc- ‘will be absorbed before July stocks to normal. t NEW ORLEANS—Sales of auto mobiles so far this month have been the smallest of any month since De- cember, Wholesalers and retailers are heavily stocked with both old and new cars. t Textiles. DALTON, Ga.—Construction work on the new mill of the American ‘Thread company here will start at onge. The plant will be built by A. K. Adams of Atlanta. LEWISTOWN, Me.— The Bates Manufacturing company now is op- erating its cotten mills here on a four day a week schedule. About About 1,000 employes are affected. FORT WORTH — Hog receipts continue in strong demand at this market and commission men re- Port they have orders for many more carloads than they are able to purchase. Local packers also are feeling the shortage keenly and are @rawing on other markets for sup- piles. Hardware. PITTSBURGH—The jobbing hard- ‘ware trade is draggy because farm- ers are indifferent buyers. Builders hardware has been moving {n a dull way, but is expected. to show im: provement now that the carpen- ‘ters strike {s settled. Mill and mine “ supplies are spotty. Hardware PITTSBURGH—The jobbing hard- ‘ware trgde is draggy becduse farm- ers are indifferent buyers, Builders hardware has been moving {0 a dull ‘way, but is expected to show !m- Trade News provement now that the carpenters Strike is settled. Mill and mine sup- DI are spotty.» - Lumber, £ SEATTLE—Surp'us production of lumber by Pacific coast mills have been cut in half according to the eee Coast Lumbermen’s asscela tion. Lumber SEATTLE —. Surplus production of lumber by Pacific coast mills have been cut in half according to the West Coast Lumbermen’s asso- ciation, Fruit ATLANTA -— Railroad men, re- frigerator “lines and peach «rower, have worked out a schedule of fast summer freights from this peach section to northern markets. Auc- tion sales will be eliminated and precautions taken through conper- atives marketing to avoid glutting markets. Steel CLEVELAND—Steel plants here are awaiting « turn in the automo- bile trade to speed up business. Ar present demand for steel astieets is reported ‘slow by valley mi'ls. Ore consumed in March totaled 6,307,¢09 tons, an Increase of 524.670 over February. Only 29 of 49 binst fur- naces will be wperating by the end of this month. DETROIT.—Representatives here of steel mills say the automobile manufacture! have gotten their nerve back and again are placing orders for sheets and other producis, Canned Goods SAN FRANCISCO.—Heavy ship- ments of tomatoes from southern California are flooding local mar- kets. Canners are taking steps 10 impress the public that the hoof and mouth 4'sease ban have no cf- fect on fruit and vegetables H.juse- wives have hesitated to buy canned goods on account of the disease, Five New Wells Drilled Into Salt Creek Sands Five completions in Salt Creek are reported by the Midwest Refining company for interests identified with ft. These new producers are listed as follows. Midwest O!l—17-A, northeast quar. ter 22-40-79, 2179 feet; no flow, will shoot, Wyoming Ol! Fields—16-AX, south- east quarter 23-40-79; 1510 feet, 193 barrels. . Midwest Oil—26-A, ter 19-40-78; 2283 feet; Balt Creek Consolidated—24-A, mortheast quarter 3-39-79; 1746 feet; no: flow, .will shoot. Mountain and Gulf—11-AX, north east quarter 6-29-78; 2260 feet; no test yet. Other drilling operations of the Midwest are shown as follows: Nieber Dome—Test well, 8590 feet; drilling. Baxter Basin—6-X northeast quar- ter 11-17-104. Plugging back to gas sand at 2420 feet. New Mexico—Hogback No. 8; oll in Dakota at 684 feet; cementing 6%-4nch on top of this sand. LIBERTY BONDS NEW YORK, April 30.—Liberty bonds closed: 3%s, 99 first 4s, 99,30; first 4%s, 100.3; second 4%, 100.3; third 4%s 100. fourth 4%s, 100.6; U. 8. government 44s, 101.14. East Terraces is being sold by See Ben Realty Co. SILVER NEW YORK, April 30.—Bar silver 63%; Mexican dollars 48%. . ee ee Bonds Allied Chemical & Dye ----. 69% American Can XD ~------. 100 American Car & Foundry., 158 » American International Corp 20% American Locomotive .----. 71% American Smelting and Refg 60% American 41% American 125% American 141% American 64% Anaconda Copper’ --------. 32% Atchison - *-.------—------.. Atl. Gulf & W. Indies --—-_. BalOwin Locomotive --------- Baltimore & Ohio ---..-..-- Bethlehem Steel - ~--..-.... Chandler Motors ~--.-~-. ke & Ohio — ~~. Chicago & Northwestern Chicago, Mil., & St. Paul, pfd 24% Chicago, R. I. & Pac, ------. 23 Chile ‘Copper - ------------- 27% Chino Copper - ~---—~----- 16% Consolidated Gas — ..--..-... Cosden O11 =. Crucible Stee} Cuba Cane Sugar, pfd Erie Famous Players Lasky ---- 69 General Asphalt -----..-----. 34 General E'ectric mannwns 218% General Motors ----..-.... 13% Great Northern* pfd -----.--. 56 Gulf States Steel ---..----4. 66% Mlinols Centra! ------.----.. 108 Inspiration Copper - .. 24% International Harverter 85% Int. Mer, Marine pfd ---.--. 33 International Paper -. Invincible Ofl ~.---. Kelly-Springfield Tire Mack Truck Mar'and Oil Maxwell Motors ~ Middie States Oil ----.--.--. 3% Missouri, Kan. & Tex. (new).10%B Missouri Pacific, pfd -.-.---. 39 New York Central Northern Pacifico Pacific Ol] -----. Pan American Pet: Pennsylvania People’s Gas Republic Iron & Sears Roebuck Sinclair Con. Oj} Southern Pacific ... Southern Railway ---.. 58% Standard Ol! of N. J. ...-. 85% Studebaker Corporation. -... 82% Tobacco Preducts A -... 86% Transcontinental Ol] --.--.. 4% Union Pacific -~. 130 U. 8. Ind. Alcohol -. 66 United States Rubber -..-.. 29 United States Steel ~--------.. 98 Utah “Copper = <--<-.- 5. 66% Westinghouse Electric -. 60% Willys Overland - ---.-.-.... 8% Amer. Zinc, Lead & Sm, . THB Butte & Superior —. Colorado Fuel & Iron ... Montana Power National Lead . Shattuck Arizona Anglo - 7 Buekeye ~ 64 Continental 44 Cumberland ~ 130 Galena . -.. 60 Tiinois - -.-.. -—~136 138 Indiana . ~~... 93 Nat. Tran .~. 21% N. Y. Tran --. 82 Nor. Pipe 08. iy 64 Prairie Oll -.. 220 Prairie Pipe - ~--~--~-103 103% Solar Ref. ---.-------190 197 Sou. Pipe ..-.. 97 41 106 235 40 299 61 136 58% CRUDE MARKET Cat Creek ons enwsenennan ane $l.95 Lance Creek .. aeoncaeos 100 Osage eennnowennces 1:0) Grass Creek light ~.--.---.... 1,95 Grass Creek, heavy -------~~. Greybull Torchlight Big Muddy --.. Mule Creek Sunburst ~..... Hamilton Dome -. Ferris yron, Notches.....--encno ene ennn ne. Pilot Butte ~~~... Lander ......-.. POTATOES CHICAGO, April 30.—Potatoes, trading slow; market dull; receipts, 36 cars; total U. 8. shipments, 480; Wisconsin sacked round whites, $1.10@1.25; bulk, $1.00@1.25; tow fancy, shade higher; Minnesota sacked sandland Ohios, $1.00; sacked Red River Ohtos facked Russets, $1.25@1.40; Idaho 5 @2.50. COTTON NEW YORK, April 30—sSpot cot- ton quiet; middling 29.80, cb Stocks Bia Asked Bessemer ------------ .25 27 Big Indian -.--—---. .05 06, Boston Wyoming ..-. .90 95 Buck Creek, ---------- .25 .30 BUYMS : Sep ones aep ese =), 80); | ST, Blackstone Salt Creek .28 .30 Chappell ----..------. J 16° 18. Columbine ----------. 12 13 Central Pipe Line -. 1.90 2.00 Consolidated Royalty. 120 1,25 Cow Gulch 03.04 Domino 08 “10 Elkhorn ~.----------- .02 04 E. T. Wo ees Ah AE Farge .-----. 10 0.12 Frantz: --2.----<+-- 5.00 6.00 Gates “po peweceeee~ | 09 10 Jupiter ~..~-. wee 200% = 01 Kinney Coastal -..--. 13 14 Lance Creek Royalty. .01 01% Marine Mike Henry --------- Mountain & Gulf -..- New York Oil ~-~-~..i2.5: Picardy ~....--. Preston’ -_---. Red Bank -. — Royalty & Producers Sunset = Tom Bell Royalty .. Western Exploration — Wyo-Kans -- Western States - pho gia eS NEW YORK cunb Mountain Producers -18.75 19.00 G@enrock Ol] ~-----.-- 30 40 Salt Creek Prds -.---24.75 25,00 Salt Creek Cons. -- 8.50 9.00 Mutual . -.. -=---10.50 10.75 8, O. Indiana --— 67.25 67.50 LIVESTOCK Chicago Prices. CHICAGO, April 30.—(U. 8. De- partment of Agriculture.)}—Hogs— Receipts, 19,000; slow; uneven; .bet- ter weight grades, strong te 5c higher; Hght light, mostly steady to 10¢ lower; killing pigs, steady to 25c higher; other kind, unchanged; big packers inactive; bulk good and choice 250 to 350 pound butchers, $7-25@7.40; top, $7.40; bulk better grades 160 to 225 pound weight, $7.10@7.30; desirable 140 to 150 pound averages, largely $6. bulk packing sows, $6,60@6. good and choice weighty killing Pigs, $6.00@6.50; heavy weight hogs. $7.15@7.40; medium, $7.10@7.35; light, $6.80@7.30; light Nght, $5.90 @7.10; packing sows, smooth, $6.65 @6.80; packing sows, rough, $6.50@ 6.65; slaughter pigs, $4,50@6.50. Cattle—Receipts, 000; fairly ac- Uve; practically all grades fed steers and better grades fat she stock, 10 to 15c higher, or 25c over last week's close; early top handy weight steers. $11.60; others, | $11.00@11.50; some held around $12.00; bulk fed steers, $8.50@10.50; fat stock and heif- ors of value to sell at $6.50@7.00 upward respectively showing most upturn; choice rather weighty heif- ors, upward to $9.00; bulk, $6.50@ 8.25; asking $6.00 for weighty bologna bulls; few, $4.85 and better; bulk, $4.50@4. best vealers to packer: $8.00@8.50; few. choice kind, $9.25 and better; light vealers, slow; few sold; asking $7.00 and above; stockers and feeders, scarce, firm. Sheep—Recelpts, 9,000; fairly ac- lve, generally steady; few good fat Woled lambs, $16.00; good clipped lambs, $14.00; heavy kind, downward to $13.25; fat wooled ewes, $8.50; clippers, upward to $7.50. Omaha Quotations OMAHA, Neb., April 30—(U. 8, Department of Agriculture)—Hogs— Receipts 17,000; market slow, steady to Se higher; bulk 210 to 300 pound butchers $6.95@$7.05; top $7.10; good 180 to 210 pound weights $6,75@ $7.00; 160 to 180 pound averages $6.65 @36.75; packing sows $6.45@$6,50; average cost Tuesday $6.93; weight 246, Cattle—Receipts 5,200; beef steers and yearlings moderately active, un- even; steady to strong; spots 10 higher; she stock slow about steady; bulls slow, steady; vealers, stockers and feeders fairly active, steady; bulk steers and yearlings $7.65@ $9.85; top weighty steers $10.60; bulk butcher cows, and heifers $5.00@ $7.50; canners and cutters $2.50@ $4.00; practical veal top $8.50; bologna bulls. mostly $4.00@84.25; bulk stockers and feeders $6.75@ $8.00. *Sheep—Receipts 12,000; wooled lambs slow; bidding fully steady; $16.10 bid; clipped strong to 25c high: joad choice light lambs ; spring lambs $16.00@$17.00; sheep weak; clipped ewes $6.00@ $7.00; shearing lambs strong; one load 67 pound average $15.15. Denver Prices. DENVER, Colo., April 30.—(U, 8. Department of Agriculture-)—Hogs Receipts, 900; quality plainer; steady to Se higher; top, $7.00; de- sirable 190 to 2356 pound averages, mostly $6.85 to $6.95; light lights, largely $6.00; packing sows, $5.75; fat pig $5.50 to $5.75; plainer grades, $5.25; stock pigs, $5.00. Cattle—Receipte, 800; calves, 60; half of run steers on through billing; some loads common to choice cows, $5.00 to $7.25; few loads, $6.25; good heifers, $8.26; fow steers, $7.50 to $8.60; odd heavy bulls, $3.90 to $4.25; choice vealers, mostly $12.00. Sheep—Receipts, 6,600; fat lambs, steady to 10c higher; several loads 89 to 93 pound avetages, $15.40; few Mghter kind, $15.35; 20: two loads to heep sold early. CHICAGO, April 30 lower; creamery extras, 95% ards, 35%c;' extra fir firsts, 38@33%4¢; seconds Eggs, lower; receipts, 31,67 firsts, 2114@21%c; ordinary firsts, 20@20% storage pack extr 24%; Orete, 4c, e Caspet Daily Cribune Grain “NEWS AND QUOTATIONS BY LEASED Studebaker Statement Also Aids Recession In New York NEW YORK. April $0.—Unfay- orable trade news, including Chair- man Gary's prediction of a further recession in stee] activity and the publication of a relatively poor Studebaker quarterly earninj port and stiffer money rate: a reactionary effect on stock prices in today’s market." Mators and Steels were the principal targets of telling pressure. Sales approximated 750,000 shares. NEW YORK, April 30.—Consider- able irregularity developed at the opening of today’s stock market. The first sale of United States Steel common was a block of 4,000 shares at 98@98% as against yesterday's closing price of 98. It then ad- vanced to 98% and soon fell back to 98%. Stromberg carburetor, Beth- lehem Steel and Yellow Cab dropped 1 to 1% points on initial sales. The statement of Shairman Gary of the United States Steel corpora- tion that business probably will not show substantial improvement unt!l around election time, was used as an excuse for a renewal of bear attacks, Stewart Warner and Yellow Cab ex- tending thelr early losses to about 3 points each, United States Cast Iron Pipe, DuPont, Central Leather, pre- ferred, Crucible, Bethlehem Steel, Phillips Petroleum and General Blec- tric dropped 1 to 2 points, while Baldwin sagged 2%- Foreign ex- changes opened steady. Prices steadied somewhat at the end of the first hour and then slipped. off again, indicating that professional traders for the decline Were still in control. Although the het earnings of the United States Steel corporation were the largest of any quarter dn peace time !n the first three months of this year, ap- parently they failed to come up to speculative expectations as the steel shares were singled out for attack. Motor shares crumbled on publica- tion of a relatively. poor report by Studebaker, both the old and new stocks establishing new 1924 lows at 80% and 32% respectively. Fisher Body broke five points and Stewart Warner extended its loss to 8%, other active motors losing a point or more. Independent strength Livestock :: All Markets GARY REPORT _/WHEAT PRICES BEARS OTOCKS, GIVEN SETBACK Demand Falls Off After Ad- justment of Accounts by Shorts CHICAGO, April 30.—Scattered Uquidating sales to prepare for May deliveries tomorrow made the wheat market ease down a little today dur- ing the early dealings. Otherwise, trading was well divided, with the larger commission houses about equally conspicuous on each side of the market. The first of the au- thoritative private crop estimates issued this season proved to be about as expected, and failed to af- was shown by Davison Chemical, Corn Products and International Harvester, up two to three points. Ratls held relatively firm, Norfolk and Western and Atlantic Coast Line advancing 1% and 1% re- spectively. Call money opened at 4% per cent. Prices moved in a confused man- ner after midday, Baker was run up to 82% and Davison Chemical cross- ed 48, but-U. 8S. Steel dropped to 97 % and Republic Steel was hammered down to 44, a new minimum figure for the year. Losses of 2% to 3% were registered by Congoleum, Wi: son and company preferred Savage Arms and Spicer manufacturing. The closing was irregular, lifting of selling pressure on the pivotal issues resulted in fractional rallies in the late trading but weakness | persisted in Woolworth, which dropped four points and a few other pecialties pat Es | Foreign Exchan NEW YORK, April 30.—Foreign exchanges easy; quotations in cent Great Britain demand 437%; ca- bles 437%; 60-day bills on banks 435%; Franco demand 6.42%; cables 6.4344; Italy demand 4.47%; cables 447%. Belgium demand 6.40%; cables 6.41%. Germany demand, per trillion .23%. Holland 37.46. Norway 13.80, Sweden 26.31, Den. mark 16.85%; Switzerland 17.82, Spain demand 13.80, Greece 2.01. Poland .000012; -Czecho Slovakia Jugg Slavia Austria Rumania .52%; Argentina Brazil 12.20; Tokio 40%; SUGAR NEW. YORK, April 30,--Refined sugar was inactive and unchanged at 7.00 to 8.10 for fine granulated. Refined futures were nominal. Sugar futures closed easy; ap- proximate sales 47,700 tons. May 4.38; July 6.64; September 4.56; December 4.17. Flour MINNEAPOLIS, April 20.—Flour —Unchanged. Bran $20.60@22.00, advance, May 46% to 46%%c. all the months showed losses, fect values. Opening prices which ranged from %c decline to %c ad- vance, May $1.03% to, $1.03% and July $1.06 to $1.06%, were followed by a slight general setback. Subsequently, the market declined further, Shorts had supplied their wants, and there was.a lack of other buying. ‘The close was un- settled, 4@M% to %e net lower, May $1.03% to $1.03% and July $1.05% to $1.05% @%. Corn and oats paralleled the ac- tion of wheat. After opening at 4 to %c off to %4c gain, May 76% to 76%oj the corn market rallied a trifle and then underwent a mod- erate sag al] around. Reports of delay to planting north of the Ohio river brought about Price rallies in the last part of the day. The market closed unsettled at 4@%c decline to -%c advance, May 76% to 76%c. Oats started at %c lower to %o Later, Provisions were steadied by firm- ness of the hog market. Open High Low Close WHEAT— My 1.03% 1.03% 1.02% 1.03% July 1.06 1.06% 1.05 1.05% Sept. 1.06% 1.07 1.06% 1.06% CORN— May ---. .76% .77% 76% .76% July ---- .78% -78% .77% 78% Sept. - 78 ‘TS -TT% 78H OATS— May ...- 46% .47 ACY 46% July ---- 44 44% 4444 Sept. ---. 40 40% 39% 40 LARD— May ~.-.10.62 10.62 10.50 10.50 Tuly -..10.87 10.87 10.75 10.75 RIBS— May 9.75 9.73 9.75 July 9.92 9.90 9.93 BELLIES— May -.----2- ence none 10.15 July ----10.47 10.50 10.47 10,50 Bombay -is the leading pearl mar- ket of the world, Wyokans Is Reorganized In Line with Late Sale Reorganization of the Wyokans Oil syndicate with electf#n of the board of directors took place here today . Max W. Ball, James Owen, R. G. Taylor, James R, Jones and B. F. Randolph were. named on the board which selected the following officers: Max Ball, nt; R. G. Taylor, vice president; E. 1", Randolph, sec retary-treasurer; W oO, Merry- weather, assistant treasurers M. V. Schiffer, assistant secretary. The operating office of the com- pany has been moved from the Townsend building to 416 Conpsoll- Cash Grains and Provisions CHICAGO, April 30.—Wheat num- ber 2 hard $1.05% @$1.11%. Corn number 2 mixed 77%@17%; number 2 yellow 78@78%. Oats number 2 white 48%@49%c number 3 white 47% @49%. Rye number 1, 66%. Barley 73@ 87. Timothy seed $5.00@$7.50. Clover seed $13.50$21.00. $10.50. Ribs $10.00. Belli VALIDITY OF OIL PERMITS ISQUESTIONED WASHINGTON, April 80.—The question of the valicity of tho oll land permits held by Gordon Camp- bell. indicted in Montana with Sen- ator Wheeler, is under considera- tion here os a result of testimony given in the grand jury investigation ot Great Falls and tho resulting senate inquiry. Witnesses before the senate com- mittee have testified that the land involved amounts to 10,000 acres, Lard $10.25. which Is in excess of the limit un der the law for any one person's hdldinys in any one state, It also has been testified thnt some of the land acquired by the Campbell in terests was curried under dummy names, No tectylor tas kien but {t 1s possible that depart justice attorneys and official interior department who have ban in consultation on the subject may make an announcement shortly. a rea One of the most talked of women In London today ts Mrs, Barbara Wootton, who at the age of 26 has been appointed by the government, along with great financiers and captains of industry, to membership of a committee which is to inquire into the national debt. Mrs, Woot ton began to study the intricacies of national economifs at the early ag: of 1 She studied the subject at Cambridge university, where -sho! won honors never awarded to any other student, man or woman, dated Royalty building. In charge of the operating department of the| Ww: Cc, Lindsay ‘ y's executive office is now locaved 1104 of the| First National bank bullding, Den. ver. Transfer of stock, in, accordance with the Wyokans-Western Oi! com pany deal of some months ago, will be handled at the Denver office, Under thé agreement for the trans. fer of company interests all stocn- holders in the Wyokans may accept $1.07 a share for their holdings, the Japanese 4s Czechoslovak Rep., 80 Ctfs. -.. Dominion of Canada, 6s, 1952 French Republic, 748 Kingdom of Belgium, 8% Kingdom of Norway, 61 Rep. of Chile, &@, 1946 State of Queensland, U.K of GB. & 1, 5% = Railway American Smelting 6a -.. American Sugar, 6s --... American Tel. Col., tr., 5 — PAGE NINE. Anaconda Copper 7s, 1938. ~~... 96% 98% Anaconca Copper 6s, 1955 -.---. 95% | 96 At. T and San Fe., gen. 4s 86% 8T% Baltimore and Ohio, ev., 4% -. 87% 87% Bethlehem Steei co 98% 83% 80 80. 97% 97% Chicago, Milwaukee and St. Paul cv. 63% 63% Chile Copper 6s TNE 100% 100% Goodyear Tire 88, 1941 ~.--.. 115 us Great Northern, 75 A ~~... 107% «107% Montana Power, 5s A.. 95% 95A4 Northern Pacific ref., 6s B 103% 103% Northwestern Be!l Tel., 7s - 107% 107% Pacific Gas and Electric 59 -- 91 914 Penn. R. R gen. Ss ~. 100 100% Sinclair Con. OIL. col. 7s 91% 91% Southern Pacific cv,, 4s .- oF Poy Union Pacific first 4a . 90% 90% U. 8. Rubber 6s ~~... 81% 81M, Utah Power and Ligh! 89 89% Western Union 6%s . 110 110 Westinghoure Electric 107% = 107% Wilson and Co., cv., 68 .... 87% 88h BUSINESS BRIEFS KANSAS CITY, April 80.—Whole-| mits {ssued this month. Gash -dis- sale merchants report'a steady im- provement during the last week, fvith demand. good in most lines. Retailers of this section are evincing a disposition to buy in larger quan- tities and an increasing number of them are visiting this market per- sonally. Large road sales also are reported, some firms recording an increase of as much as 20 per cent over last year. Unsettled market conditions, however, are restricting trade in hardware and farm imple. ments. An exceptionally good de- mand for dress goods has been fol- lowed by a five per cent advance in price which makes a total rise of 15 per cent this spring. Votles, silk goods and summer fabrics are in active demand. SEATTLE, April 30.—Butlding activity is being reflected in the ascending totals of the building per- Market Gossip bursements to workers tn the bufid- Ing trades probably will be, larger than those of last year because of the carry over of large undertakings begvn in 1923, There is an upward tendency in the plastering and brick laying trades, the scale having, re- cently, been advanced from $10. to $11 a day, Another demand for in- crease is expected, Unskilled labor is paid $4.50 a day with some ‘un- employment because of restricted output of logging camps and.tumber mills. SAN FRANCISCO, April 30.—Ex- ports through this port for the first three months of this year were nearly double those for the first quarter of 1923. Shipping lists -re- fect heavy buying by Great Britain of California canned and dried fruits. In March 31,250,000 pounds of rice and $500,000 worth of barley was. sent. to Japan. and Briefs On Operations in Oil Fields Ute Petroleum Elects. At the annual meeting of the Ute Petroleum company on April 21, 1924, in the First National bank building, Denver, the following di- rectors were elected:. Max W. Ball, James Owen, R. G. Taylor, James R. Jones, J. C. Lindsay, George L. Ferguson and E. F. Randolph. The directors elected Max W. Ball president; James R. Jones of Chey- enne, vice president; E. F. Randolph, secretary-treasurer, and Marie V. Schiffer, assistant secretary-treas- urer. The directors also gave to Mr. George Yore of Denver an option to cell 300,000 shares of the treas- ury stock at par. The company 1s capitalized for $1,000,000. Pipeline Run pipeline runs {n the Rocky Moun tain region for the week ended April 26, showed a decrease of 7,115 barreis, when compared with the record of the preceding week Salt MONEY NEW YORK, April $0.—Call money firm; high 4%; low 4%; rul- ing rate 4%; closing bid 4%; of. tered at 4%: last loan 4%; : against acceptances 4. Tin steady; mixed collateral 6 4%; 46 months 4%4@ commercial paper 44 @41\ —_——o e loans 00 a Pri September 2 Creek Fall I loans) gq METALS NEW YORK, April 30.—Copper quiet; olectrolytic spot and nearby, 13%; futures 13% @13% Tin—Easy; spot and nearby, 48.00;| futures 47.50, | Iron—BStea prices unchanged, Lead—Steudy; spot 7.75@8.00. Zinc—Quiet; Past St. Louls spot and nearby, 5.90@5.9 Antimony—Spot, 9 eh Ho ‘ Flax DULUTH, Minn, April Close, flax, May 2.36%; Jul: The company has extensive hold- ings on the Duchesne structures in the Uinta Basin, Utah, in western and central Kansas, on the Baggs structure on the Colorado-Wyoming Mne, and on tie Urado structure; Rio Blanco county, Colorado, in addition to royalty interests on the Wellington and Fort Collins’ struc- tures, Colorado, and on the Lake Creek structure, Wyoming Wyoming Otis. NEW YORK, April 30.—Prices of Wyoming olls at 2 p. m. today were Usted on the New York Curb. as follows: Standard Ol] (Indiana), 58; Moun- tain Producers, 15 Mutual, 10%; Salt Creek, 25, s from Salt Off in Week Creek runs decreased in the week 7,500 barrels. Total average daily production in all Rocky. Mountain districts for week ended April 26 was 128,040 barrels, as compared with 196,155 barrals for the preced- ing week. Comparative average daily runs for each field for the weeks ended April 19 and April 26 follow: Fields April19 April 2 Salt Croek -..--. 99.500 92,000 Teapot 3,900 = 2,675 Big Muddy 3,835 | Grass Creek - 3,450 lig Basin 1,365 Greybull, « 100 Mule ¢ 800 2,025 10 125 #740 4,826 650 128,040 DOBBIN REALTY CO, Have Lots in All Parts of the City On Easy Terms. Suite 11 Zuttermeister Bldg. East 2nd: St. FREE vill also 1 Thing Out of Doors,” “7 name on a post card will do. samo price at which the stock con trol was purchased. GLENRKO LARGE COMPANY MAP OF THE FT. COLLINS OIL FIELD First authentic two-color map to be issued showing location of the leases of the Union of California and other companies; alee drilling wells, tank batteries, fuel line, and. other valuable infe L . 0) ¥ Addreas— DENTON BROKERAGE CO., FREE DCK, WYO.