Casper Daily Tribune Newspaper, June 2, 1924, Page 7

PAGE SEVEN - he Casper Daily Cridun MONDAY, JUNE 2, 1924. STOCK PRICES MOVE LITTLE Fluctuations In Leaders Confined to Fractional Figures Speculative Interest was at a low ebb tide in today’s stock market, and prices d individually as profession ed to commit new Washing- Fluctuations in ders were confined to fractions, but there was good ac- cumulation of several railroad and public utility issues. Sales approxi- mated 350,000 shares, Stock prices moved within narrow mits al ding was resumed on the exchange today after an ex- tended holiday, but the main ten- dency appeared to ts downward. Pivotal issues showed fractional re- cessions with particular heaviness developing in Atlantic Refining and Royal Dutch. Other oll shares, in- cluding Pacific and Pan American issues, moved higher. Speculative activities in the early @ealings were centered chiefly in the movement of a half dozen ts ques in which selling orders pre. dominated. New York dock and ‘Willys-Overland preferred ylelded a point or more, with Baldwin and Atlantic Refining extending their early losses, Extremely narrow changes marked transactions in ‘united States Steel, and Motors accessory there was scarcely any alternation in the price of standard dividend paying issues. Atlantic, Gulf and ‘West Indies preferred was an out standing exception, advancing 2% points, while American Tobacco moved up a point. Foreign ex changes were lower, French francs dropping below five cents. Some of che standard Industrial issues Inter registered moderate ad vances, but the general price trend ‘was uncertain and transactions were on a restricted scale. Selling brought about recessions in Cuba cane sugar preferred, International Pa- per, Willys-Overland preferred and Crucible preferred, and Republic Steel, the latter reporting a new 1924 low price at 42 2-3. Public GBervice of N. J. continued its re. cent rise, attaining the year's best Jevel at 47%. Pittsburgh and West Virginia preferred also touched a new 1924 top price at 96%, led some of the rails, {ncluding Lackawanna and Canadian Pacific, into higher ground. Woolworth (old) fell back nine points to 330. Call money opened at 3 per cent. The early afternoon dealings showed more or less adversion of professional interest in’ specialties, several of which touched their max!- mum figures for the year, includ- ing Famous Players, North Amer!- can and Virginia Railway and Power. Pullman, Famous Players, Virginia Railway and Power, Stew- art Warner, Maxwell Motors A., United States Cast Iron Pipe, Gen- eral Blectric and Armour and com- pany preferred of Delaware, improv- ed 1 to 2% points. ‘The closing was {rregular. Trad- ing became more sluggish in the final hour and price changes were insignificant; activity was centered ean and Mexican Seaboard issues advancing and Middle States Oll in the oll shares, with Pan-Amer!- dropping to 2%. the lowest of the year, on the filing of receivership proceedings. fos Abe Aa at Foreign Exchange NEW YORK, June Foreign exchanges irregular. Quotations in cents: Great Britain demand 431% cables 431%; 60 day billy on banks 428%. France demand 501, Italy demand 433%; cables 434 Belgium demand 430; cables 440; Germany demand per trillion 23%; Holland demand 3733; Norway 1357; 500; cables Sweden 2649; Denmark 1680; Swit- werland 1757; Spain 1857; Greece 182; Poland .000012; Czecho Slovakia 292%; Jugo Slavia 123; Austrin 0014%; Rumania 43%; Argentina demand 8275, Brazil 1106; Toklo 40 %; Montreal 98% oe Sibreeiertne CHICAGO, June 2.—Butter un changed; creamery extras 8% standards 38%; extra firsts 36%@ 37%4c; firsts 35% @36c; seconds 31\% @hic K lower; receipts 52,955 cas firsts 23 2%; storage firsts 24%, a a SILVER firsts 22@ extras 25 ked June 2. Mexican dolla NEW YORK 67 Bar sliver, LONDON, June 1.16 nt Bar aliver per ounce; money 1% 4 ———— COTTON The Ma June 2 tion crop on nt condition of the ce 25 was 65.6 per cent of normal od with 71.0 q year 69.9 in 2; 66.0 In 1921 and the a ge of the last ten years on May 5, the department of agriculture announced today, NEW YORK, June Cotton, spot, steady ling, pone t BE ce vo oadee 3s Woods Filling Station relling wholesale and retail gas 1 —_ 2? tf Wyoming Motorway ? ? Noe Oil :: Finance | Butter and Eggs | | | | | | | mercial WHEAT PRICES BREAK SHARPLY Hedging Sales and Lack Of Support Sends Grain Quotations Down CHICAGO, June 2.—Hedging sales, together with lack of support led to a sharp break in wheat prices today after am early upturn. 1 close was heavy 1% to 2%c net lower, July $1.03% to $1.03% and September $1.05%@% to $1.05%. Influenced by unofficial estimates that the 1924 domestie crop would be decidedly smaller than last year and smaller than a five year aver- age as well, wheat scored some- thing of an advance in price today during the early trading. The est!- mates suggested g production of 103,000,000 bushels less than har. vested last year. Besides, the fact that for the first this season, Win- nipeg July delivery went to a pre- mium today over Chicago, tended further to lift values here, Chicago opening sales, which ranged from Ye decline to %; advance, with July $1.05% to $1.06 and September $1.07 % to $1,07%, were followed by a slight sag and then, by a riso all around to above Saturday's finish. Corn and oats rallied in sympathy with wheat, although bearish af- fected at first by favorable weather. Opening unchanged to %c off, July 76%c to 76%c, the corn market later scored moderate gaing. Oats started at %c decline to Ko advance, July 44, and later harden- ed somewhat. Provisions ‘were responsive to firmness of hog values. Subsequently, commission house selling became general and induced some forced liquidation. Later, the corn market descended wheat turned weak. The close was unsettled at the same as Saturday's finish t) %@%o lower, July 76@76%c to 76%. WHEAT: Open High Low Close May - 106% 108% 103% Sept. 107% 105% 105% Dec. = 110% 107% 107% CORN July .. 16% 76 16 Sept. 16% 75% 7 69% 68% 68% 43% 43% 43% 40 39% 39% 41% 40% © 408% 1055 10421055 1085 1072 1085 Market Visible Grain Supply NEW YORK, June 2.—The visible supply of American grain shows the following changes in bushels: Wheat decreased 1,555,000. Corn decreased 964,000. Oats decreased 612,000. Rye decreased 435,000. Barley increased 26,000. MINNEAPOLIS, June 2.—Wheat Cash No. 1 northern $1.09%@ $1.14%; No. 1 dark northern spring, choice to fancy $1.23% @$1.29%. Good to choice $1.16% @$1.22%. Or- inary to good $1.11% @$1.15%; July $1.09%; September $1.10, Corn 3 yellow 70@70%e, Oats No. 3 white 44c@44%o. Barley 58c@7Ac. Rye No. 2, 62@62%e. Flax No. 1, 234% @239%. CHICAGO, June 2—Wheat No. + $1.06@1.70; No, 2 hard $1.05@1.08, Corn No, 2 mixed 77@77%c; No. yellow 74% @780, Oats No, 2, white 47@48q; No. 3 white 46@47\c. Rye No. 2, 6 timothy seed $10@18.50, Bellies $10 SUGAR NEW YORK, June 2.—With. drawal of refined sugar against old orders were more liberal, but there was not much improvement in new business, Prices were unchanged at $6.70 to $6.85 for fine granulated, Refined futures were nominal. Sugar futures closed steady; ap proximated sales 18,000 tons, July 453; September 367; December 343; March 320. gc; barley T4@ 820: $527.25; clover seed Lard $10. Ribs $10. METALS W YORK, June 2 dy; electrolytic, mM, 12% 12%. Tin—Easy; spot $41.00 Iron—Stead, a 0.50 21.50 2 northern, $20.00 00; No, 2 southern, $22.00. Lead—Steady; sppt, $7.00. Zinc—Steady; spot, $5.80@5.90. Antimony : ~—Copper, spot and fu and = futures, northern, $ YORK steady June high, 3; osing bid, 3; 2.—all low, 8; rul- ing rate, 3; cl offered at last loan, 38 call loans against acceptances 2%; time loans, stenly; mixed collateral 60.90 day: 4; 46 months, 4@4%; prime com 4M@4% — money June 3.—Liberty b firat 4a, 100.16; second in t ‘ necond | ‘ ‘ A 4\n fourth | ‘ government 4\g, Bonds Allied Chemical & Dye American Can American Car and Foundry - American International American Locomotive -—--—- American Smelting & Refg. -- American Sugar —- American Tel and’ Tel. American Tobacco ---------- American Woolen ----------- American Zinc, Lead & Smelt Anaconda Copper Atchison Atlantic Coast Line ~. Baldwin Locomotive Baltimore and Ohio Bethlehem Steel - California Petroleum -. Canadian Pacific -------—. Central Leather —-—~1---. Cerro de Pasco -...-—. Chandler oMtors Chesapeake and Ohio ~-----—- Chicago and Northwestern Chicago, Mil, & St. Paul pfd. Chicago, R. I. and Pac. Chile Copper -. Coca Cola -. ColoraGo Fuel ani Congoleum Consolidated Gas Corn Products new Cosden O11 Crucible Steel Cuba Cane Sugar, pfd. -. Davison Chemical Du Pont de Nemours .. Erie Famous General General General Asphalt Electric Motors Gulf States Steel Houston Ofl -. Illinois Central -----.. International Harvester Int. Mer. Marine pfd. - Int. Tel. and Tel. . Invincible Of ---_. Kelly Springfield Tire Kennecott Copper --.. Lauisville and Nashville Mack ‘Truck - Marland Ol -. Maxwell Motors A Middle States Of . Missourl Kan and Tex. Missouri Pacific pfd. National Lead New Orleans, Texas and Mex New York Central ~. N. Y.. N. H. and Hartford .. Norfolk and Western Northern Pacific Pacific Oil -—. Pan American Petroleum B —_ Pennsylvania New York Stocks . Last Bele Stocks Grain NEWS AND QUOTATIONS BY LEASED WIR OIL SECURITIES Producers and Refiners --.-.25% B Pure Oil Reading ee Republic Iron and Steel Reynolds Tobacco B ~. Seaboard Aid Line ~.-----9: 21% 524% 43% 67% 34 B Sears Roebuck -----.. 82] Sinclair Con. ----—. oeeeerreas 1S S!oss-Sheffield Steel and Iron.54%48B Southern Pacific --------. 88% Southern Railway ----_ 54% Southern Railway pfd —~ 1% Standard Oil of Cal, —---. 56% Standarg Oil of N. J. ———-. Studebaker Corporation Texas Co. Teas and Pacific Tobacco Products Transcontinental Ol] --... Union Pacific United Drug .. U. 8. Cast Iron Pipe U. 8. Ind, Alcohal -. ees United States Rubber —_-__ United States Steel Utah Copper .---... Westinghouse Electria —. Willys Overland Woolworth - 34% 33% Anglo -....... 0... 15 15% Buckeye .. wenn 63% 64 Continental 40 (42 Cumberland —.--.---- 129 133 Galens seceeccncecence 56 58 Iilinois ~----.-—------ 136 9138 Indiana ~~... wennene 90 OL Nat. Tran. <<. we 21% 2 TY. TRAD, cocccemece 74 76 Nor. Pipe ccnewnneewn- 85 87 Ohio O11 Prairie Oi! -. Prairie Pipe Solar Ref. ~. Sou. Pipe 8. O, Kan. 8. 0. Ky 3. O, Neb, 8. 0. N.Y. 8. 0. Ohio . Vacuum . 60% 8. P. Ol . 133 8. O. Ind. 56% CRUDE MARKET Cat Creek .nncnne-carneeecoo=-$1 Lance Creek ght heavy Grass Creek, - 90 Greybull - 1.05 Tore ~ 1.96 mk Bi ~ 1.95 Rock Creek - 1.70 Salt Creek - 1.60 Big Muddy ~ 1.50 Mule Creek 1.10 Sunburst .. 1.05 Hamilton Dome 1.40 Ferria .. 1.65 Byron 1.95 Natches — 65 Pilot Butte an 1,10 Lander 10 POTATOES CHICAGO, Trading fatr; slightly weak June r on new; receipt 2.—Potatoes— steady on old stock, 181 cars; total United States shipments, Saturday, 020, conwin sacked Sunday, 104, round whites, quality Alabama pha, $2.40@2.60 Bliss Triumphs, sacked Bling un Loutetan ed $1.40@1.78 accordin Wis $150@ | ° >| gt Bessemer ------------ .26 Big Indian --------.. 04 Boston Wyoming --. 78 Buck Creek eonnnee 13 Burke --~----—------ -27 Blackstone Salt Creek .30 Chappell --.--------. 18 Columbine -. wene old Central ..-------«---- Central Pipe +--------~ Consolidated Royalty ~ 1.27 Cow Gulch ---.—-. 0% Domino ...---- 07 Elkhorn ...-. 03 RH. T. Williams ------» .38 Fargo - Frantz q. Gates Jupiter ~_-.. 200% Kinney Coastal = Lance Creek Royalty — Marine won ee -3.00 Mike Henry wownn= 00% Mountain & Gulf ---- 1.45 1.50 3.25 08 02% 50 24.00 Royalty & Producers - .05 .06 Sunset ---------. ewe Eis 208 Tom Bell Royalty 4 03 Western Exploration — 3. 3.80 Western States ---.-- 14.15 Wyo-Kans ----.. 90 1.00 Yon ... mennnnnn- 05% 06% NEW YORK CURB CLOSING Mountain Producers — 18.87 19.12 Glenrock Ol] -------- 30 .40 Salt Creek Prds, ---. 24.12 24.25 Salt Creek Cons 8.12 8,87 New York Oil — 10.12 10.50 Mutual —-. 10.12 10,25 8. O. Indiana 56.75 57.00 CHICAGO, June 2.—Hogs—Re- ceipts, 54,000; uneven; desirable grades, slow; active shipping de- mand; big packers bidding 10¢ low- bulk, good and choice, 250 to 825-pound butchers, $7.40@7.50; top $7.50; bulk better grades 160 to 225-pound weighty, $7.10@7.40; de- sirable 140 to 160-pound averages, largely $6.75@7.00; bulk packing sows, $6.50@6.60; killing pigs, un- changed; better strong weight most- ly $5.80@6.10; heavyweight hogs, medium, _ $7.15@7.45 $6.80@7.40; light Mghts, $ packing sows smooth, $6.65 packing sows, rough, $6.40 ; slaughter pigs, $5.25@6.15, Cattle—Receipts, 19,000; beef steers and fat she stock, very slow, uneven; few early sales, steady to 15c lower; narrow shipping demand; killing quality fed steers, medium to good; few choice kind here; year- lings fair; heayies held above $11.50; cholce heavy grain fed cows and helfers comparatively scarce, about steady; grassy kind, dull; weak to 25c lower; bulls, excepting light bolognas, about steady; bulk $4.75@ 5.00; veal calves, largely 25c down; spots, more; bidding, $8.00 on good to cholce vealers; few handy wetght to outsiders, upward to $9.00; Nght vealers, downward to $7.00 and be- low; stockers and feeders compara- tively scarce, in fresh receipts; steady to weak. Sheep—16,000; slow; choice spring lambs, steady to weak; bidding low- er on less desirable kinds; clipped lambs, around 25c lower; no early sales sheep; few good native spring lambs, $16.50; choice range spring- ers, $17.25@17.40; few early sales clipped lambs, $14.25. OMAHA, June 2.—Hogs 9,500; mostly 5e higher; bulk $2.20@$3.25 pound butchers $6.90@$7.05; top $7.10 one load; good 160 to 220 pound weights $6.75@86.95; plainer lights on down to $6.25; packing sows $6.25@36.40; bull $6.35; bulk of all sales $6.75@$7,05; prac- tical top $7.05; one load $7.10; aver: age cost Saturday $6.90; weight 252. Cattle receipts 7,300; very slow on most all killing few loads beef steers and arlings $7.50qp $10.25; looks 10@15a lower; spots off more; top handyweight steers shipping cows and heifers earce, weak; others 10@15c lower; spots off 25c on plainer kind; canners and cutters steady; bulls dull; vealers 23@50c lower; stock: ers and feeders scarce, weak; bull butcher cows and helfers $4.60@ $7.65; canners and cutters $2.59@ Practical veal top $8.50; bologna bulls $4,254$4.50; stockers and feeders 36,25@$7,75, Sheep receipts $9,500; ‘spring lambs fairly ‘active; early fully steady; closing weak; six oad: choice, Tdahos $16.75; native spring: ers $16,00@$16.25; other classes slow weak to 250 lower; clipped lambs $13.50@$14.00; medium te good ewes $5.00@$6.50. DENVER, June’ 2.—Hogs. celpts 2,000; Be higher; medium to cholee 190 to 235 pounds $6.90 to $7.10) $7.16 paid for choiee drive-ins; few heavies sold at $7.25; few light lights $6.00; packing sows $5.75; few $6.00 Cattle 2,700; stendy to stron Re- calves 150; hetfers choice steers 15¢ lower; tew 87,00 to $7.25; others $6.25 to $6. cows, best grade $10.00 to $11.00; cholee medium wolght steers $10.50; mixed steors and heifers $7.75 to $8.76; beef bulls $4.50. Sheep 1,900; few loads fat lambs $15.00; two loads $14.75; two loads $14.75; tevo loads clipping $13.25 Mat; 260 lower. poten SN el oe Tew Gay, local undertaker and county coroner, drove up from Denver the other day, and coming through Cheyenne filled his tank with gasoline at one of those Aero station#, He now says that if he can buy some of that kind of gaso- line at the Aero Filling Station at Second and Durbin he can sure put a lot more pep into his funeral pro- anion, —— Carn washed and greased tervics too. Alemite Woods Filling Station ‘Phone 1920W, l Market Gossip G. P. ReEnters State After several: years of intensive drilling in the Separation flats dis- trict near Rawlins, the General Pe- troleum corporation of California stopped its activities in Wyoming. Now after two years the G. P. ‘| has again come into the state. Two new wells are to be drilled by it this summer in Ferris field. Locations of these are sec. 32-26-87 and sec, & 26-86, ‘Trucks are now hauling rig timbers to site: Another Ohio Test Test of a structure eight miles from Dixon, Wyo., in the Snake River district, is promised by the Ohio Oll company. Plans have been made to erect a rig immediately. NEW YORK, June 2.—Prices of Wyoming oils a t2 p. m, today were listed on the New York curb as fol- lows: Standard Of! (Ind) 56%; Mountain Producers 18%; Mutual 10%; New York 10%; Salt Creek 25, The Denver and Rio Grande West- ern railroads’ net earning increased to $1,251,327 in the four months of 1924, compared with $390,762 a year ago, although gross revenues of $9,- 541,951 were $385,621 less. © April net income was $419,524 against $177,345 in April 1923. ‘The Greene Canana Copper con» pany reduced its deficit to $155,932 in 1923, compared with a deficit of $1,459,646 in 1922, Gross earnings for the year amounted to $6,497,317 against $2,494,120 the year before. PRANG Your battery should be filled at least very ten days, Free battery water at Woods Filling Station. REBELS LOSE LAST STAND MEXICO CITY, June 3.—Villa Hermose, capital of the state of Tabasco, and considered the Inst rebel stronghold, fell before a fed- eral attack yesterday, according to a war department announcement quoting advices from Gen. Vicente Gonzalez. The rebel garrison under com- mand of Fernando Segovia was dis- persed, suffering a large number of causalties. Livestock :: All Markets Receiver ‘Asked For Oil Company NEW YORK, June 2—Appoint- ment of a recelver for the Middle States Oil corporation was asked in an equity action brought in federal court here today. t The plaintiff was William Shivers of this city, holder of 2,200 shares of stock. His counsel has obtained from Federal Judge Knox an order returnable Friday to show - cause why a receiver should not be ap- pointed., Numerous charges of fraud, mis- management and false entries made in the complaint against Charles M. Haskell, former governer of Okli- homa, and chairman of the Middiv States Oil beard, his son, Charles J. Haskell, and P. D. Saklatvala, presi- dent of the corporation, ———>.— THE NATION’S WHITEST ’ Los Angeles tocay is the whitest spot on God's green earth. Everyone is interested in making money. Some out and see those wonderful pictures and let us tell you of what is happening in the fastest grow- ing city in the world. Place, Wyatt Hotel Cafeteria room; time 8:30 to- night and every evening this week. Don't fail to come. Admission free. ————_—_ To get better results from gaso- line—you should clean out the gas tank at least every thirty days as moisture will form in the gasoline tank and cause some grief sooner or later. Our pumps are equipped with filters and strainers which extract all water, sand, lint, ete., from the gasoline. When you buy gasoline from us you get a clean, dry, high grade gasoline. Woods’ Filling Sta- tion, ———_—> 2.2.2? Wyoming Motorway ? ? ? 7 At Cznchoslovak Rep., 8c_Ctis. Dominion of Canada, 5s, 1952 French Republic. 7448 --. Japanese 4g -----____.. Kingdom of Belgium, 88 Kingdom of Norway, Rep. of Chile, 8, 1041 State of Quegnsiand, 6: U. K. of G, B. & L., 5 American Sugar, American Tel. Col, Anaconda Copper AnaconCa Copper 6s, At. T. and San Fe., gen. 4s Baltimore and Ohio, cv., 448 Bethlehem fae con., 68, Series A Canadian tte op 8 Chicago, Burlington Chile Goodyear Tire 8s, 1941 Great Northern, 7s A ~.--.. Montana Power, 58 A.-----~-----... Northern Pacific ret., 66 B Northwestern Bell Tel. Union Pacific first 48 . U. 8. Rubber bs --_... Westinghouse Electric Dry aft that ts free from dil. or water; \s much better for your tubes. Plenty of it at Weods Filling Station. Call. the Tribune for highway in- formation. FOREIGN. men ton- Hse enn nnnencenen, and Miscellaneous American Smelting 68 -.---...--------------------— and Quincy ref., 5s EU, Chicago, Milwaukee and St. Paul cv., 448 ---------- Copper 68 -—.—------~------------------8 == Pacitie Gas and Blectric $8 —------------—-—----= Penn. R. R. gen, 68 --.-----------e------= ----— Sinchilr Con. Oil, col. 7% »-------—----------------- Southern Pacific cv., 48 -—-------------------—--- Utah Yower and Lights 6s -----------s---------= Weester:: Union 6%s ~.--...-............ Wilson and Co., cv., 63 -.------—--------------<--- 87% $100 in gold is not given away in Casper very often, but those people who are building that new filling station at Second and Durbin are going to do it once, anyway, maybo twice. Watch for their opening dates, donated their time free, working on one of the buildings at the new scout camp. oJ MONEY TO LOAN @ the left a series of the 10 patrol cabins partly completed und at the right Casper union carpenters, whi THE MEANING OF THE THREE BALLS? ITIS2zTO.L1 THAT WHEN YOU PAWN YOUR VALUABLES You Can Never Get Them out Reliable Jewlery and Loan Co. 257 South Center Street Phone 1149-5