Casper Daily Tribune Newspaper, May 1, 1924, Page 9

0 x 5 1 = 2 = = a ee Cd¢ Casper Oaity Ceioune Bonds :: Stocks :: Grain NEWS AND QUOTATIONS BY LEASED WIE STOCKS RALLY WHEAT PRICES ON EXCHANGE) REACT IN MART Price Recovery Scored as Market Reacts to Favor- able News. Finance Allied Chemical & Dye -.---. 71 American Can ~..-~--------- 103% American [Car & Foundry----156%B American International Corp 21 American > American American American American Bid 25 05 90 25 25 28 HIGHER FOR WEEK BIncrease of 8,700 Barrels in Daily Pipeline Runs Reported for Country by the American Petroleum Institute. Boston Wyoming ---~ Buck Creek ---------~ Burke ----- Blackstone Balt “Greek Chappell 16 Columbine 12 Consolidated Royalty. 1.23 Central Pipe Line: --. 1.90 Cow Gulch ~..-.-----=. .03 Domino 08 Elkborn 02 EB. Upturn Is Scored in Trad- ing Today on Chicago Exchange. daily average ess east of the Rocky Mountains was 1,294,450 bar- rels, an increase of 7,400. California Production was 646,600 barrel: increase of 1,300. Wyoming and Montana show a daily average production of 130,500 barrels, an increase of 4,850. Commodity Trade News : Wheat TOPEKA—The annual deluge of queries about harvest hands in Kan- sas -and the wage to be paid ts sweeping over this stat The gen- eral wage last year was $4 a day with board and room. In one coun- NEW YORK, May 1.—Reduction of the re-discount rate proved.a con- Strictive factor in today's stock Market despite varied interpreta- tions of its ultimate effect on bu: ness and. security, prices A bear drive against the motor shares un- settled the lst temporarily in the early part of the session but good recuperative power duplicated and closing prices were around the best jof the day. Sales approximated 790,- 000 shares, CHICAGO, May 1.—Although de- liveries on May wheat contracts to- day, 3,851,000 bushels, were even heavier than had been looked for, the market soon after the opening showed a tendency to rise. Absence of any unusual selling pressure helped rally prices. Moreover, re- Ports were at hand that Canadian and Argentine offerings at Liverpool wero dearer, that Germany was in need of much wheat, and that the wheat crop in France had been greatly over-estimated. Initial quo- tations here, which ranged from %@%c decline to %e advance, with May $1.03 to $1.03% and July $1.05% to $1.05%4, were followed by slight gains all around. Subsequently, the market scored an additional .upturn, purchases of wheat here for mills being the best NEW YORK, May 1—The daily average crude ofl production of the ‘United. States. increased 8,700 bar- rels for the week ended April 26, totalling 1,941,050 barrels, according to the weekly summary of the Amefican Petroleum Institute. The Baltimore and Ohio ---.-... Bethiehem Steel. ~.--..----. California Petroleum Canadian Pacific Central Leather tal -----. Lance Creek Royalty — Marine -:..--. 3.00 Mike Henry weoe-= 200% = 01 Mountain & Gulf ---. 1.53 1,56 New York Ol] -------12.50. 13.00 Picardy 03 05, Preston 01% 02 Red Bank .. 23 22; Royalty & Producers 07 08 Sunset ~~... 05% Tom Bell Royalty --- .02 Weasvecs Exploration ~ 3.50 Chandler Motors ~------.---- Chesapeake and Ohio .-----. Chicago & Northwestern .-.. Chicago, Mil, & St. Paul pfd Chicago, R. I. and Pac. Chile Copper -. Chino Copper Consolidated Gas Corn Products - -. Cosden Oil Crucib'e Steel --.... Cuba Cane Sugar’ pfd - 01 _ | 01% 3.50° “NEW YORK, May 1.—Reduction In the rediscount rates of the Federal Reserve bank of New York from 4% to 4 per cent stimulated a vigorous rally in stock prices at the opening of today’s market. United States Steel jumped. a- point on initial transactions, feading a wide Dry Goods . ST. LOUIS.—Wholesale dry goods firms here report that plaids are the predominant feature in the demand for all but the call for staple serges is ‘increasing. variety of industrial and railroad|in some weeks. Besides, new pri- ty, ‘however, competitive bidding). CLEVELAND —Reports from 27| Famous Players Lasky shares into higher ground. vate crop estimates were bullish. brought the price to $5. Wheat con-| department stores in the elght larg-| Genera! Asphalt Heavy buying orders for both| The close was firm, %@%o to % dition is better than in any Aprillest ‘cities of this section showed] General Electric YORK CURB CLOSING. | accounts flowed into the market,|@%c net | higher, May $1.03% to since 1919. total sales of $39,130,000 for the first] General Motors ~ Mcantain Producers - 19.50 with short interests bidding up} $1.0376@1.04, and July $1.05% to erent, “| quarter compared with $37,807,000] Great Northern pf Glenrock Oil .-. 32 prices against themselves in an ef- | $1.06. A 4 Flour last year, a gain of 3.5 per cent.| Gulf States Steel 26.25 fort to retire commitments. Nearly Scattered selling proved to be of SCATTLE.—Trade is extremelY| The largest gain was 14.9 per cent} Tilinois Central .. 8.50 @ score of popular industrials ad-| sufficient volume to depress. corn. quiet in northwestern flour milling centers, there being no demand for efther wheat or flour from the. far. east. Best family patents are quot- ed here at $6.60 a barrel with $7 for bakers hard wheat. in Youngstown. Cincinnati increased 6.5 and Pittsburgh 4.4. Tobacco READING, Pa. — Twenty-three cigar factories in this district have vanced one to three points, Amert- can Can gaining two and Davison Chemical mounting three points. Profit taking developed at the high levels, however, and. was followed by a renewal of short selling ac- Inspiration Copper International Harvester --.. Int. Mer. Marine pfc. --~--. International Papet Invincible Of) -. Kelly Springfield 10.75 58.87 After opening % to Mc off, May 76%c, the market hardened a trifle but then underwent a general sag. May deliveries of corn went into strong hands, and the market ra!- Med at the last ‘with wheat. Corn Ss. O. Indiana — — LIVESTOCK Gene closed. Most of them wef® small| Kennecott Copper — tivities, wrateh drove Baldwin, Stude- | closed unsettled at %c net lower to plants which made up special brands Lima Locomotive -.-- ~ S. Cast Iron Pipe, Ameri-| 4c advance. May 76%c to 77c and LINCOLN. — Many Nebraskal foe hotels and saloon which have| Loulevilie end Washvilio CHICAGO, May 1,—(U. S. Depart-|can Can and Davison down 1 to 1% | July 78%c. farmers are sigiting contracts to hold thelr corn crops this year for marketing under the direction of the Farmers National Union of America, 'This: movement is also extending to Iowa, Illinois, Missouri, Indiana, Minnesota and Wisconsin. * ment of- Agriculture}—Hogs—Re- ceipts 24,000; mostly 10 higher; light- weight 10 to 15 up; big. packers in- active; bulk good and-cholce 250 to 300 pound butchers $7.35@$7.45; top 50; bulk desirable 165 to 225 pound weight $7.25@$7.40; better grades 140 to 150 pound averages largely points from their top prices. eign exchange opened firm. Initial strength of the market, created by a cut in the bank rate, fatled to hold, but the general List of- fered good resistance to professional bear operators who directed attacks Mack Truck For- Marland Oil Maxwe'l Motors Middle gtates Ol ~. Missourf, Kan, & Tex. new - Missouri Pacific pfd. New York Central -. Oats were in demand. Starting unchanged to 0 higher, May 46% to 46%@47c, prices scored a small general advance. An advance in hog values gave a Uft to provisions. now gone out of busines: Steel BOSTON.—The new $5,009,000 fi- nancing of the Massachusetts Gas company is a step toward bringing a new industry to New England, since : against weak spots with renewed Open High Low vnain Matt cog nef naka bellies pir es ae and Hartford $6.75@$7.10; bulk packing sows| Visor. The argument that the change | Wheat— ATLANTA The. peanut acrenge|{0, erect a. blast furnace here. This} Norfolk and Wee 65@$6.85; killing pigs unchanged;|in the rate was official recognition | May 1.04% 1.02% Sqstihe aartpeaat oll UO. mgeaSMeNS [eo GEMEE producing: colere TDe kh ctioen Eee SiSERT BI sulk good. and choice. ,120 to,130| of the letup Jy trade and was made | July 1,06 1.05% in bistory this year. ‘The: increases |rates, from other producing points.| Pan American Petrol round averages. $6,00@35.40; heavy-|for the expredsed purpose of stimu-|Sept 1.07% 1.06% Sree tee Georgia, 5 for Ala, {burs to $1041 from southern: fur-|peopie's Gas <---— TIZ0@S7.AGE light. 86S0@ATAO: light] selling ‘2 tage Of the ae, ee | CoE 37.20@$7.45; Nght $6.90@$7.40; light] selling 0 fsome of the motors, forc- bama, 20 for South Carolina and 9| Paces. Producers and Refiners -. ght . $6.00@$7.25; ~packing © sows|ing Chandler, Yellow Cab and Willys by oe for Florida. Spanish small pods are sen Pure Oil smooth $6.70@$6.85; packing sows| Overland preferred down a point or 78 3 78% the favorite variety -planted. Fruit Reading rough $6.55@$6.70; slaughter pigs] so, while several specialties, such as F ss sates SPOKANE.—The damage to the| ‘tepublic Iron and Steel 34.50@ $6.50. Congoleum and DuPoint dropped 46% 47% .46% .46' Non Ferrous Metals apple crop by low temperatures last| Sears Roebuck --- Cattle — Receipts 8,00 killing]more than two points. General “44% # 4% rth ae DETROIT.—Prominent dealers in| week cannot yet be accurately est!-| Sinclair Con Ol! ex div. - classes mostly atrong to 25 higher; | Motors, unsettled by the sale of o LR AN ACRE copper and brass say stamping con-|}mated. Thousands of acres of blos-| Southern Pacific - eef steers and better grades fat she] 12,000 share block, dropped to a utente Ueda Hope ah! cerns making parts for automobiles |soms, however, were destroyed in the| Southern Railway - stock largely 15 to 25 up; spots more; {1924 low at 13%. Action of Pivotal 10.55...10.57 10.52. 10. are making new inquiries for June] Yakima, Wajla Wallagend eastern] standard Ol! of N. J, ---- liberal share of Inst week's decline] isspes, however, xeflected’ the con- TE He Te BEE. deliveries. Washington district. 9 “2 | Studebaker’ Corporation on better grades beef steers regained;| structive influence of the new rate, anti Fe to : . fed steers of value to sel] at $9.50] American Can and other industrial 9.87 9.87 9.85 9.85 ° d B f, downward at highest point of the feaders Aolding gains of better than] 5.°%° ~"""19'05 10:05 10.00" 10:00 season; top matured steers $12.00;/a point. Call money opened at 4% Sao sy ct rt fi 2 Market Gossip and Briefs |yvceimsr &o 22 Si ]sey yet dee Fels Se tiie " Cnlom Pacific. —.-+-.----— $11.00@$11.75; bulk fed steers $9.00] . The coppers’ and low priced ratl-|}10y ~--~ aie U. S. Ind. ‘Alcohol ie @$11.00; few carrying much weight] roads which had lagged during the|J"Y ---- —, 1055 Shited States Rubber -.---- United States Steel ~-----.-- ih Copper Westinghouse Electric to killers under $9.00; grass Texas $7.25@87.75; stockers and feeders strong to higher; qualified half fat kind averaging around 12.00 pounds early burst of strength were given a whirl upward in the afternoon, and {ndependent steel shares also came up. strongly when United States Cash Grains and Provisions. CHICAGO, May 1.—Wheat—No. 1 hard, $1.114%@1.14%; No. 2 hard, $1.06% @1.13%. On Operations in Oil Fields Willys Overland 10.25; others $9.00@$9.50; country | Steer moved up to 98%c. With the hd *y Dividend Pad. eee (oe ee Sate ae and Mr. Keyes) American Zinc, Lead-and Sm. demand-active for well bred rather| exception of the motors and a few|, Cott —No. 2 mixed, 17% @78e; No. The fryits of ownership of New jon sec. 32-26-87, Mahoney _Dome.| autte and Superior .. meaty 700 to 800 pound stockers at] specialties, prices recovered quite |” Yow. 784 @78%c. _Xork O' company stock of record| This well is located on the-east por-] 20°, 10 quel and. Tron TRDAEREA lower tata ne Oats—No. 2 white, 4814 @49%e; generally to about a parity with the high figures of the fdrenoon or above. The closing was slow. Short cover- ing operations were again in. evi- dence towards the close, American tion of the structure to be brought in a good sand which is presumed to be a pro- ducer, was tapped last week at 2,298 feet, gas pressure rising rapidly. Six- inch casing has been run and December 31, 1920, are still being re- ceived. Yesterday a number of Casper people unexpectedly found themselves richer after recelving the following notice from Minal B. Young, secretary-treasurer and gen- No. 3 white, 46% @48%c, Rye—No. 1, 65c. Barley—78 @88c. Timothy seed—$5.00@7.60. Clover seed—$13.50@21:00. Lard—$10.57. Mentana_ Power National Lead Shattuck Arizoni anners and cutters rather dull; few heavy bologna bulls $4.90 and above; bulk $4.50@$4.85 early; few choice vealers upward to $9.50; these 25 higher general ruin medium to good srades light and handyweight calves eral manager of the company cemented, atbiaite ee Semen PUDGs | Ais OREO Ih > eth 420,00; “Enclosed please find dividend ‘i rength belng shown by the tobacco]. fotiten $19.25 Sheep—Recelpts 12,000; fat lambs] ‘esues. of Colorado Test Reports Five carloads of drilling materials check covering, the balance due on 1 the 8 per cent dividend declared to fairly active; steady strong; sheep steady; few early sales far to Anglo STORM TOLL [o INCREASED stockholders of record December 81,/are being unloaded at Loveland pre- Buckeye wooled lambs $16.25@$16.65; some 1920, being 4 per cent or $1 per] paratory to tht beginning of opera- cs seater held higher; good clipped Jamba SUGAR share for each share recorded in your name December 31, 1920. Casper Soap Factory Having perfected a soap that is seemingly unexcelled for its cleans- ing qualities, George E. Fellows is tions on the John Simpson farm three miles north of the city, by the Wilcox interests, Spudding has started on the Sand Hills Oil: company lease on the NW% SW% sec. 28-2-70, Haystack structure, Boulder. county, Colo, $14.00@$14.25; fat wooled ewes $8.50; cholce clipped ewes $7.50. Omaha Quotations. OMAHA, Neb., May 1.—(U. 8S. De- partment ‘of Agriculture). Receipts 15,500: market stron: Galena Milinois Indiana NEW YORK, May 1,—Little in- terest was shown in the refined sugar market, which continued at the basis of 7.80 to 810 for fine Sranulated. anize and incor: Ohio Oll ----------. Refined futures were nominal. (Continued from Page One) Drepartae 0 ene Perera nahalalag "Pig Prairie Ot 226 ey gh pti tab ti 210 to 3001 NEW YORK, May 1, — Sugar|not a place in the storm's. path facture of this product and cosm Continuous hard usage of the rig Prairie Pipe oe desirable 160 to 210 pound parton eges Lah Ope which escaped wholly unscratched, .' At present he is carrying on 7 t the | Solar Ref. 0 ze & sales 39, ons, May $4.44, July —_— rere rural tcagit wage © (2 | Cemmerchemnuey ore saeco, ones ot the soatrtpe eign iret) SETEMT. pening appa jereely $4) actuniberstst7\ toeceein| SxORai DEAT EN county, has made the rebuilding of|8- 0. Kan. 40% a cf de ARE LEARNED ight 251. Mahoney Dome Drilling its necessary. Present depth of the} 8: as K pe an Cattle—Recelpts 2,500; beet steers : PB atone east Me Ade perp nor Drilling has been resumed by B.' well is 4,566 feet. 8. O. N. ¥. ccccecsesee 39% 40% | yearlings moderately active; SILVER © werlep’ of tornadoes which yt S. 0. Ohlo 292 297 | Senerally steady: spots strong to the state in widely separated sec- 4 Vacuum. 60 60% | higher; killing qualities: largely med- tions yesterday resulting in eleven & P. Oil - 132 134 | ‘um; top steers $11.10; bulk steers! x ew yoRK, May 1.—Bar silver,| deaths and property damage esti B S. O. Ind. 58% 59% | Yoorlings 5 fed heifers) 641; ; Mexicap dollars, 487%. mated at more than a half million - | JK , ae fairly active; + butcher dollars. A number of persons were cows slow, fairly steady; other kill-| roNpoN, May 1.—Bar ailver,| injured, two seriously. Qe ing clasres und stockers and feed-| 59 15.16 pence per ounce. Money,] . Many miraculous escapes were re- with last year, but this has been due to sharp reductions in mainten- ance and equipment expenses and a ers steady, bulk butcher cows and CRUDE MARKET Cat Creek --------------------! SPRINGFIELD, Mo. May 1. -~ Stockholders of the Kansas City, Clinton and Springfield Ratlroac 2% per cent. a od down. Timber 8, telegraph and disrupted heifers $5@7.75; canners and cut- ters $3.25@4; practical veal top at telephone service will meet May 12, to vote on @ pro-| holding down of operating costs $8. bologna bulls $4@4.40; beet . bridges washed out. At Greenville, posal to re’P the road ta the “Bt. rather than to, increased freight anes, COPE ren tulle RT i {bulke stockers and Foreign Exchange || Alabama, business houses were des. Louls and San Francisco. eo In- | movement. pr reigh' raffic ‘eeders 5. 25. troyed . The Methodist church at ton line runs from Ash Grove, Mo.,| however, has been heavier than was Sheep—Receipts 5,500; slow; early Prattville wags demolished. Ald was Grass Creek, heavy Greybull Torchlight the case in March. Spring weather t lathe, Kan., and operates trains eae has &timulated both wholesale and to Springfield and Kansas City over sa’es fat lambs 15@25c higher; one ‘oad wooled lambs $16.50; good to 5 NEW YORK,- exchanges, steady. May 1.—Foreign Quotations in quickly rushed to those made home- less, the Frisco tracks. retail trade in the twin elties. choice clipped lambs $14.25; sheep| cents: Great Britain, demand 438%;| At Union Springs, Alabama, a Ele Basin ~ nearce; nominally steady; shearing] cables, 439; 60 day bills on banks,) baby was killed when the. home PITTSBURGH, May 1.—There ir| Rock Creek lambs strong; ghe load 71 pound] 436%. France, demand 6.48; cables, | crashed in. The infant.was blown a ST. PAUL, May 1. — Contracts|no thorough!y well defined current | Salt Creel average $15.25. 6.49, Italy, demand 4.47%; cables,| mile, according to reports. The Big Muday 4.48%. Belgium, Mule Creek 6.41. have been let for $1,000,000 worth of state highway construction by evident in steel prices at present. Dullness prevails, The sheet market demand 5,40; cables, démand per trillion, mother and thirteen other children Denver Prices Germany, were slightly injured. the state highway commission and | has elded further and black} Sunburst -~-------.. DENVER, Colo, May 1.—(U. 8.|.23%. Holland, 37.46;Norway,.13.81;]. Three negroes were killed in the awards form a slightly smaller| sheets have been shaded below 3.70| Hamilton Dome Department of Agriculture—Hogs—| Sweden, 26.37; Denmark, — 16.89;| same section. amount will be placed within thir-]cents a pound whi'e alvanized | Ferris Receipts 3,000; slow; steady to 100] Switzerland, 17.75; Spain, 13 Four negroes at Opelika and two ty dayp. sheets have been bought uncer 4.35 | Byron higher; few choice drive ins $7. Greece, 02%; Poland, .000012;| at Clio, Alabama, were killed In the Speeding ts progressing tavorabi@| cents. Sonie leading indopendent | Notches top loads $7.10 desirable 190 to 240) Czecho Slovakia, 2.93%; Jugo Slavia,| wreck of cabins. through the northwest although| makers of automobile sheets have pound averages mostly $6,90 to $7.00:| 1.25%; Austria, ,0014%; Rumania.| The two-story home of Thomas B. slowed somewhat by rain and light}announced a formal reduction of few $6.80 to $6.85; 130 to 180 pound|.52%; Argentina, 32,75; Brazil, 11'30;| Slagle near Roanoke, Alabama, was snow, Building materials and sup-|$5 a ton to $5.10 a pound. Demand ght Nehts mostly $6.00; packing| Tokip, 40%; Montreal, 98 15-32. torn asunder and his sister, Miss ‘plies are moving in increased vol-|for wire products han been. poor sows $5.75; fat ples $5.50 to $6.00. —— Delia Single, was instantly killed. A me and automobl'e sales have im-]|and the market {s losing addition POTATOES Cattle—Receipts 600; calves 100: Flax son suftered internal Injuries. roved slightly. ground. Pipe mills are st!!i without uneven; mostly steady few good DULUTH, Minn.; May 1.—Close i eee The earnings of the northwest|really important bookings in line | heifers $6,605; steers $8.25 to $9.25;) fax May $2.38; July $2.35%; Septem railroads for the last month have| pipe, which normally are necessary meget cain ie Pp rie Redan gta attired bulls} ver $2.20%. pared trading slow; market dull; .00 down; ve ; com. te mate satisfactory gains as com: to round out tubu! goods demand. Lotal Ur Be, Ghigeneatae ¥74;] thon tind “$0.00; wo choise kind of Wisconsin sacked and bulk round | fered; mixed steers and heifers $ Police walked at the head, sides! wiites, $1.05@1.25; fancy, bulk,| Sheep—Roceipts 6.900; activ LIBERTY BONDS DAMAGED RY BLAZE and rear of the procession and) s1s9@1.35; Minnesota and North|lambs 26¢ higher; top 15.6 mingled in squads with the march-| payota sacked Red River Ohios,| pound averages $15.60: §&7 . pound MAY OAY QUIET ers to keep the situation in hand.| 1 15@1.40; poorly graded, 85c@| $15.95; 102 pound $15.25; no sheep|. NEW YORK, May Fire broke out at the residence The most popular alr of the march: | $199, ris. bonds closed 30. Pye ty 2 te rth Pear ing thousands was a labor hymn Sse an) 100,11. First 4p 100.16. Third 414] street, about 10:30 o'clock last night sung to the tune of “Maryland, My WATS : i 100.20, “Fourth 448 100,19. U. §S.]and did considerable damage to the IN (ILD WORLD Maryland.” Gongs ‘of a red tinge| ccrnyne Tune for highway in- Wyoming Oils, government 444 101.28. Second 4%s]| Interior of a small two-room house. had been forbidden by authorities. ‘EW YORK, May 1.— Prices of |100,12.: What furniture was in. the place (Continued from, Page One) The May Day celebration was on ‘Wyomlh¥ oils at 2 p, m. today wero es was destroyed) Neighbors were awaitihg the marchers, The airship, |a nation-wide scale, demonstrations ; isted on the New York Curb as pete Tey Flour. under the impression that tho fire which broke electric tram wires and|also being held at Osakn and other DOBBIN REALTY CO. follows MINNEAPOLIS) Minn., May 1.—| had started from an explosion al- hela uy» traffic for a time, was| industrial centers. These were en-|| Removed to No, 226 E. 2nd St. Standard jl (Indiana) 58%;|Fiour, unchanged to 0c lower:| though the members of the fire de- thustastic but apparently as orderly Zuttermeister Bldg. Mountain Producers 18%; Mutual|family patents, $6.45@6.60. Bran,| partment were. unable to. find evi as any in Japanese history. 10%; Salt Creek 25%. 920.502 31.00... jdence of anygguch accident, Livestock All Markets PAGE NINE, Czechoslovak Rep., 8c Ctfs. Dominion of Canada, 5s, 1952 French Republic, 7% Japanese 4s Kingdom of Belgium, Kingdom of Norway, Rep. of Chile, Se, 1946 State of Queensland, U.K.of G.B. & 1, American Smeltin, American Sugar, 6s American Tel. Col., tr. Anaconda Copper 7s, 1938 Anaconfa Copper 6s, 1955 ~-.-----. At. T. and San Fe., gen. 4s Baltimore and Ohio, cv., 4%s -.-.-----. Bethlehem Stee; co Canadian Pi Chicago, Burl Chicago, Milwaukee and St. Paul cv., 449 -. Chile Copper 6s Goodyear Tire 8 Great Northern, 78 A .--2-----. Montana Power, 5s A_.-. Northern Pacific ref., Northwestern Be!l Tel., 75 Pacific Gas and Electric 5s -. Penn. R. R. gen Sinclair Con. Ot col. Southern Pacific cv., Union Pacific first 4s . U, S, Rubber 5s Utah Power and Lights 5s Western Union 6%s Westinghouse Electric 7s Wilson and Co,, cv., 68 -~. Labor Situation Good in U.S. With Some Exceptions BY J. C. RO (Copyright, 1924, Casper Tribune.) NEW. YORK, May 1.—The open- ing of a new labor year.on Thurs day will find the skies clearer than for many years, so far as American industries a concerned. Few con- troversies between employers and ployes are pending and, in gen- eral, labor is well employed at wage scales which have proven satisfac- tory. The importance of this fact lies not alone with those directly concerned. Every phase of American industry and commerce is affected, for it means that the buying power of the American wage earner, the yreatest factor in the trade of the nation, has been undiminished and gives indication of stability. There are some exceptions to this general:-trende!'Tho New *ng!and textilo\gituation has shown little sign of recent improvement. Work- ers are on a full time basis in only a few plants, Manufacturers aro con- sidering seriously reduction’ tn wages. Labor leaders give warning that any such reduction must be fol- ‘owed by a strike. On the other hand however; the textile plants of Georgia, according to P. E. Glenn. president of the Georgia Cotton Manufacturers association are op: erating on a basis of 90 per cent of normal, Mills in North and South Carolina are working on an aver. age of 75 to 80 per cent ‘of capac: ity. The workers in. the . bituminous mines are idle, in many cases, more than half of the week. The soft coa! situation gives no immediate pros. pect of betterment in view of the slackening ‘off in evidence in steel and other manufacturers. However. the workers and their emp’'oyers ir the majority of the cog! mining sec. tions have come to an understand. ing which will. prevent any seriour disturbance at least until next spring. Some of the copper mines are re- stricting production but many of the miners engaged in those properties are having no difficulty in finding remunerative operation in the mines produging other metals where a shortage of skilled men exists. In isolated sections of the coun: try, May 1, will be marked by de mands for additional wage compen- rationa from some tinions in the building trades. In the more popu lous centers however, where the greater part of the building activ ity is. concentrated,, there wil! be no change from present scales or any diminution of building activity at least, at present. Building for the first three months of this year, has been about 11 per cent heavier than in 1923. Employment. is general at peak wages, with a special demand for brick layers and plasterers. Com mon labor released from other pur. suite Js being absorbed by the build ing trades without difficulty and the demand for skilled artirans 1s such that employers and unions are co: operating {n establishing appren tice schools In spite of this activity, the a: mand for stee] has not been fully up to expectations, and the trend of employment of both skilled and un ski'led labor js showing a palpable slowing down. Quotations nominally remain unchanged but the trend ts visible In the fact that really de sirable gordo being placed well under formal tigures For le, nts a pound Pittsburgh js quoted on bar ahapee and plates. Yot it is a qu whether as low as 2.10 might not acceptable on- bly orders | ortheless the {x talk that the highly skilled workers tn the industry-are preparing. to mako de mands for additional compensation Tho uneki'led workers released are | being taken over, as fast os t! apply, for work in 1 eon struction which will get into full swing for the year May 1 Already the call for harvest hands is going out and the itinerant work: era face the prospect of a busy and lucrative summer, There has. been only a slight advance in the wages paid farm hands on a year round basis, but there is evidence that the extra workers necessitated by the 4 harvests which soon will start in the southwest will equal or exceed those of last year, Adoption of the efgh hour day on the farms with a three shift basis probably. will be more widespread than ever: before. a Provision for Work on King Tut Tomb Made CAIRO, Egypt, May 1.—'The budget now before the. Egyptian parlament. provides 4,110 Egyptian pounds for next season's work in the tomb of Tut-ankh-amen, indleating tho intention of the governmentto continue the explorations, LONDON, May 1.—The. Cairo correspondent of the Morning Post understands that the Egyptian, gov- ernment still is inclined to allow Howard Carter to complete his work in Tutankh-amen’s tomb, on con- dition ‘that he acknowledge the au- thority of the government over the tomb and its contents. The government, he adds, pro- poses to bear all costs in connec- tion with the tomb henceforth and permit no monopoly of the news con- cerning the discoveries made, NEW PASTOR TO. APPEAR AT GONGREG ATIONAL CHURCH NEXT SUNDAY Besides the national music, week program presented by the enlarged choir under the leadership -of°Mrs. Berta Smith, director’ of ‘music of the First Congregational chureb,, at the America theater, Sunday, May 4, Dr. H. Dascomb, who has come from Columbus, Ohio, .to answer the call extended him, will preach. Pr. Dascomb {s an outstanding figure in Congregational work to- day, and his coming brings a big man in religious advancement to Casper. Filling the pulpit at, Grin- nell,, Iowa, for seven years, work was so notably admirable as to build upsa big church and fluence for its highest effort, college, the alma mater our nation’s best citizens. ir lowa of many of Butter and Eggs CHICAGO, May 1.—Butter, lower; creamery extras, 36%c; standards, c; extra’ firsts, 34@34%¢y firsts, Mec; seconds, 30@32 gc. Eres, cases, unchanged; receipts, 21,268 —_ Cal! the formation a IOUS Se ae TOO LATE TO CLASSIFY FOR Tribune for highway 1n- R T—Three-room nicely tur- nished apartment. 704 8, Park. APART t FOR RE [wo-room furnished apartmer 1225 8. Ash. Phone 165M FOR SALE—1928 Ford touring, ex t tlre, tool box, sun shade. chains, starter, demountab’e Vime. etc., a real buy mt only 3385; terms. Patterson Oakland Co,, 640 2. Yel lowstone. FOR SAL: nlx good car Oakland Ure A Vattereon good terma, Mountain View Suburb has 5 miles of water mains.