Casper Daily Tribune Newspaper, June 4, 1924, Page 11

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WEDNESDAY, JUNE 4, 1924. | abe ew Production in ver field last week brought the daily average of Loulsiana and Arkansas oll production to a new high mark of 211,428 barre!s, an in- crease of 2,485 barrels. Forty-four new wells added 10,185 barrels in- itial production. Minneapolis—The people of Min- nesota used 230,000,000 gallons of Petroleum products last year, of which 186,000,000 was gasojine or 78 gallons per capita. The estimated cost of this to each was $16.78. Machinery Seattle—Sales of Diesel engines and other marine power plants for ‘work boats and tugs ™ the fishing industry from October 1, 1923, the opening of the season, to date, have been very heavy and are expected to break all records for the year. De- mand for engines for pleasure craft yalso is heavy. Soft Drinks Cleveland—The Bishop and Bab- tock company, makers of soda fountains and equipment, reports that sales so far this year have ex- ceeded by 15 per cent those of the corresponding perfod of 1923. Lumber Houston — A local steamship agency announces that it has book- ed 65,000,000 feet of lumber to be moved from the Pacific Coast ports to Houston by way of the Panama Canal, Automobiles \,Chieago—While there is a fair moyement of automobiles from Warehouses in this district to con- sumers, there still is an excess of cars on hand, compared to a year ago. Lately replacements of auto- mobile supplies have fallen. Non Ferrous Metals i Joplin—Buyers and producers of f inc ore are engaged in a tug of war and the market is irregular. Lead has suffered a slight setback. Pro- Finance Trade News| ducers have their backs against the figures, which have not enough lead content to offset the loss in zinc. Shipments are off and several zinc mines have closed. Vegetables Cape Charles, Va.—A bumper cabbage crop ig expected on the Eastern Shore ‘peninsula this sea- son, farmers said today. The crop is moving to market in carload lots. The price ranges around $4 a crate, Rubber Akron—Conditions in the tire plants here are better than was ex- pected with output running about 100,000 tires a day, which is ten thoysand above the early predic- tions. A price cut would not be un- expected, in view of the drop tn rub- ber and fabric prices. Development of balloon tires has caused a de- mand for new moulds and makers of this equipment are busy, Textiles Atlanta—Signs of renewed activity in textile industry arg making them- selves evident. The LaGrange, Georgia, plants are resuming on a full time schedule this w ek, while three large mills at Grenville, 8. C., have announced resumption of full time operations. Leather Kansas City—Altho the advance in price of hides has been slight and the general level is little changed, packer hides are sold out closely, the leather situation is more hope- ful, and demand is expected to im- prove. Slate Easton, Pa—Reports from north- western Pennsylvania slate quarters Indicate demand is better than it fvas a week ago, but slower than it was last year. Prices have shown little change and stocks on hand are moderate. Quarries are operating at about 83 per cent of capacity. Kveryman’s BY GEORGE T. HUGHES (Copyright 1924, by Consolidated Press Association) A good deal of confusion exists in the minds of prospective investors as to “first mortgages.” There seems to be a sort of magic abcut the term first mortgage which blinds the eyes of many to other considera- tons which are just as important. Now it goes without saying that a first mortgage is better than a sec- ond mortgage on the same property. It 1s perfectly possible, however, for ® second or,even third mortgage on ene piece of property to be better than a first mortgage upon some other piece of property. It is even true sometimes that the unsecured obligation of one corporation is bet- ter than the secured obligation of another. Take, for instance, two bonds listed on the New York stock b) s SAN FRANCISCO, June 4.—Min- ing machinery companies here re- port that mining activities at pres- ent in Californi@ and Nevada are the greatest for five years. Sales of ma- chinery of all kinds have shown an increase of over 30 per cent. Al- though shortage of water has cur- tailed California placer mining in some localities development in Grass Valley and some other sections have more than offset the loss. The present demand for hoists and small ‘units of crushing machinery 1s ex- pected to be followed in the fall by purchases of large orders of mill and concentration plant equipment. ‘The better prices obtaining recently for silver have aided revival of ac tivity in the Nevada camps. PHILADELPHIA, June 4.—A sur- vey of business conditions in this section shows a decided increase tn } Saeegnn where conditions are re- ported “poor and prices lower. Of 10 declared de- conditions 38 lines canvassed, mand poor, 16 reported AGED WYOMING PIONEER TO BE LMD AT REST THURSDAY IN. COLORADO CHEYENNE, Wyoe., June 4.—Fu- neral services for Hiram B. Kelly, 91, oldest of Wyoming pioneers, will be held Thursday at Fort Collins, Colo,, where he had resided in re cent years. The services will be con- ducted by the Cheyenne comman- dary of the Knights Temp’ar, of which he was a member, and will be ff attended by a delegation of old tim- ers from this city, including Luke Voorhees, who is, perhaps, the old- est pioneer now living in Wyo- ming. “Hi" Kelly first came to the re- gion subsequently to be known an “Wyoming” in 1869, when he and f his father participated in the Cal- ifornia “gold rush.” He was ranch- ing in this district several years before Cheyenne was founded in . His salo in 1884 to the Swan and Cattle company of his Wyoming ranch holdings, for more than $400,000, was the largest ranch dea) made in the then territory up to. that time. He resided tn Chey- enne until about 15 years ago, | when he moved to Colorado, ' Investment bonds listed on the New oY¥rk stock exchange. The first is United States Steel sinking fund 5s. Probably no industrial listed issue has a higher rating and yet it is a second mort- gage on the property of the United States Steei Corporation. The first mortgage ig also a 5 per cent Issue but is unlisted and so closely held that it Is rarely dealt in. The other case is that of the General Hlectric debenture 6s. These are not se cured by mortgage at all but depend for their investment merit upon the credit of the General Electric Com- pany. And so {t does not necessar- fly follow that the fact that a bond is secured by first mortgage puts it in the highest class. What you must consider in each case is the equity in the property over and above the amount of the loan and the credit standing of the borrower. BUSINESS BRIEFS poor to fair, or poor to good, and 12 denominated them fair. SEATTLE, June 4.—-Executives of contractors’ organizations in the northwest, after an exhaustive in- quiry, declare that no decline in the scale of skilled workers in the bulld- ing trades is to be expected for the remainder of this year. Common la- bor {s becoming more plentiful as a result of lumbering curtailment. CHICAGO, June 4.—-Agreements providing for wage increases in all the basic building trades are ex- pected to be demanded following the Increase to $1.50 an hour to brick- layers, which became effective June 1. Electricians, steam fitters, roof- ers, lathers and iron workers are preparing to ask for higher wages. PINE BLUFF, Ark., June 4.—The St. Louis and Southwestern Railroad has laid off 1,000 men in its shops here until June 15, because of lack of business. Foreign-Exchange NEW YORK, June 4.—Foreign ex- changes, easy. Quotations in cents: Ciseat Britain, demard 431; cabies, 431%: 60-day bills on banks, ha States demand 4.94; cables, Italy. demand 4.33%; cables, Belgium, demand 4.36%; 4.07%. Germany, demand per tr lion, .23%. Holland, demand 3 Norway, demand 13.51. Sweden, 4c mand 26.50. Denmark, demand 16.79, Switzerland, demand 17.56. Spa: demand 13.48. Greece, demand 1.) Poland, demand .0C0013. Czecho S.ovakia, demand Jugo Slavia, demand 1.21%. Austria, demand .0014%. Rumania, demand 42%. Argentina, demand 32.62, Brazil, demand 10.75. Tokio, demand 40%, Montreal, 98 13-32. MONEY NEW YORK, June 4.—Call money, s*eady; high, 3; low, 2%; ruling rate, closing bid, 2%; offered at 3; last loan, 2%; call loans against accept ances, 2%; time loans, steady; mixed collateral, 60-90 days, 4; 4-6 months, 4@4%; prime commercial p 44@4%. " os ae Flour. MINNEAPOLIS, Minn., June 4.— Flour, unchanged; bran, $17.00@ 18.00. r a BC Bonds American Tobacco -.-. American Woolen ~--------. American Zing Lead and Sm Anaconda Copper ----.-.---- Atchison es Atlantic Coast Line -—----. Baldwin Locomotive Baltimore and Ohio Bethlehem Steel .. California Petroleum ——-~---— Canadian Pacific Central Leather Chandler Motors ---------,-- Chesapeake and Ohio ~~. Chicago and Northwestern —. Chicago, Mil & St. Paul pfa. Chile Copper -—--_-------____ Cova, Cola ...--.------------ Colorado Fuel and Iron ----- Congoleum ---------------__- Consolidated Gas —_ Corn Products new Cosden Oil .. Crucible Stee} ----.. Cuba Cane Sugar pfa -_---_ Davison Chemical Du Pont de Nemours ~---_-_- Erie eS oO SE Famous Players Lasky -. General Asphalt ---— General Electric -. General Motors Great Northern pfd Gulf States Steel ~--.----.--.. Houston Oil ---_ Inois Central -L__. International Harvester —— Int, Mer. Marine pfd. --_-- Int. Tel and Tel. Invincible OM .. Kelly Springfield Tire --_- Kennecott Copper ---------- Louisville and Nashville --.. Mask) Truék Wartend (ON) Maxwell Motors A —.. Midd'e States’ Oil -. Missouri Kan. and Texas — Missouri Pacific pfd. National Lead - New Orleans, Tex and Mex. -_ New York Central N, ¥., N. H, and Hartford —_ Norfolk and Western -----_ Northern Pacifio ----------. Pacific Oll ~---.-----. Pan American Petroleum B Pennsylvania a’ Producers and Refiners --— Pure Oil Reading a Republic Iron and Steel --_-_ Reynolds Tobacco B Seaboard Air Line fin Sears Roebuck -.--.--__-__ Sinclair Con. ~------------. Sloss- Sheffield Steel & Iron Southern Pacific —----_____ Southern Railway -. Southern Railway pfd. - Standard Oil of Cal. wa Standard Oil of 'N. J. ---—_.- Studebaker Corporation Texas Co. Texas and Pacific Tobacco Products ~~... Transcontinental Oi] —~-.. Union Pacific -. United Drug ----.—.. U, 8. Cast Iron Pipe ---.. U, 8. Inc. Alcohol -——_-... United States Rubber United States Steel -. Utah Copper -_- Westinghouse Electric —.—. Willys Overland Woolworth -.-. Chicago, R. I. and Pac. -.-. >» Che Casper Daily Cridune s: Stocks :: Grain :: ‘NEWS AND QUOTATIONS BY LEASED WIR New York Stocks " “Last Bale Allied Chemical & Dye --.--- 71% American Can . --.. -= 103% American Car & Foundry --- 160 American International ~---21% B American Locomotive ------ 72% American Smelting & Refg 62 Amorican Sugar ----. = 43 American Tel and Tel. -—-— 126% 25% 69% 84 % Standard Oil Stocks Anglo - - 14% Buckeye -—.~..-------- 63 Continental -------..-. 40 Cumberland ~-..--..--. 1 Galena 66 Tiinois 132 Indiana 90 Nat. Tran. -... 22 N. Y. Tran, -------. 74 Nor. Pipe -. 85 Ohio Oil .--... 60% Prairie Ol 218% Prairie Pipe ...-.--.-- 103 Solar Ref. 183 Sou. Pipe ~~~. 95 8. O. Kan. -.....—. 40 8. O. Ky. 105 8. oO. 236 8. O, 39% 5. O, 287 Vacuum 61% 5. O, Ind, ~--.-------- 56% Grace Creek light .. Grass Creek, heavy -—.~.-..-. Greybull Toreblight ~. Big Muddy ~----------------- Mule Creek ~~.-------. Sunburst .-~-----=-------—— Hamilton Dome ...---.------ Ferris ~----------—-—--------- Byron Noteh Pilot Ratio — Lander 15 64 42 132 oT 134 92 22% 76 87 62 215 103% 187 96 40% 106% 238 39% 292 61% 56% POTATOES CHICA stock stronger; total U. 8. sin and Michigan whites $1,60@81.75. New mronger: Alabama and sacked Bliss Triumphs No. 1, @$2.50; $1.10@$1.20. Et, 4 70 receipts shipments 699; sacked ht he fancy shade higher; No. atoes A wi est round atock Loutsiana $2.35 .| Idaho spring OJL SECURITIES Bessemer -. 28 Big Indian --.-—--—_ .05 07 Boston Wyoming ---- .80 85 Buck Creek a3 5 Burke ----------— -27 229 Blackstone’ Salt Creek .2 32 Chappell -—-----—-- .18 2 Columbine eons ell 13 Central Pipe --.---.— 1.90 2.00 Consolidated Royalty - 1.27 1.30 Cow Gulch ---.---.-- .03 04 Domino ~—-.-.---—— .08 10 Elkhorn .-. enpaea= 05 07 EB. T, Willams -—--- .39 40 Fargo ~~. .05 07 Frantz 6.50 7.00 Gates ee OMe 1036 Jupiter ------------- 00% 01 Kinney Coastal ---. .09% .09% Lance Creek Royalty - .01 .01%4 Marine .~. — 3.00 $8.25 Mike Henry --.. 00% .01 Mountain & Gulf -— 1.48 1.50 Pieardy ---.. 02 04 Preston -... = 01% 02% Red Bank -—.-------21.00 23.00 Royalty & Producers 5% .06 04 05 02 04 3.70 a4 Tom Bell Royalty --. Western Exploration . Western States -----. Wyo-Kans ~..-------. ¥ on NEW YORK CURB Mountain Producers Glenrock Oil ~.--.-... Salt Creck Prds, Sait Creek Cons New York Ofl Mutual 8. O. Indiana ---... —__——— Chicago Prices. CHICAGO, June 4.—(U. 8. Depart- ment of Agriculture.)}—Hogs—Re- ceipts, 25,000; mostly steady to bc lower; welghty butchers, inactive, demand at unchanged prices; others slow; light weight, 5 to 100 off; light light, slow maximum loss; quality plain; large receipts; bulle good and choice 250 to 320 pound butchers, $7.40@7.50; top, $7.60; better grades 170 to 225 pound weight, largely $7.00@7.30; bulk desirable 140 to 150. pound averages, $6.50@6.85; bulk packing sows, $6.40@6.60; selected strong weight slaughter pigs, strong to 25c higher; others slow; bulk good and choice 120 to 130 pound weight, $5.75 @6.25; heavyweight hogs, $7.20 @7.50; modium, $7.10@7.45; light, $6.65@7.35; Mght light, $5.75@7.00; packing sows, smooth, $6.50@6. packing sow rough, $6.85@6.60; slaughter pigs, $5.00@6.25. Sheep—Recelpts, 16,000; best lambs, steady; others, lower; medium kind, very slow; bid- ing mostly fifty or more off; prac- tically no early sales fall sheep; Prospects weak to 26c lower; choice lambs, $17.25; best clipped lambs, $14.35; early bulk na- tive springers, $16.00@16.25; few to elty butchers, $16.50. Cattle—Receipts, 12,000; local and shipping demand broader; trade more active than Tuesday; values fully steady with recent declines spot stronger on in-betwi slow; few 25 to 50c fed steers and yearlings; early top matured steers, $11.25; few loads around $11.00; bulk, $8.00@10.35; light grassy yearlings, downward to $7.50 and below; killing quality, me- good to choice weighty steers; fat she stock except: ing grassy cows of value to sell at $4.00@5.00, steady; grassy kind very slow; vealers largely fifty higher than Monday; packers paying up- ward to $9.00 and above for choice kind; light calves, around $8.00; stockers and feeders, dull, unevenly lower; bulk, $6.00@7.50. Omaha Quotations. OMAHA, Neb., June 4.—(U. 8S. De- partment of Agriculture.)—Hogs— Receipts, 17,500; better grades butch- ers, mostly Se lower; others and mixed offerings, slow, 5 to 10c off; bulk 220 to 825 pound butchers, $6.85@6.95; top, $7.00; go0d 160 to 222 pound weights, $6.70%6.85; plainer lights on down to $6.25; packing sows, mostly $6.20@6.25; average cost Tuesday, $6.81; weight, 247. Cattle—Recelpts, 5,800; beef steers and yearlings, slow; generally steady; better action on plain light Kinds; bulle, $7.50@10.00; top steers, $10.95; some held higher; she stock moderately active, fully steady; bulls, strong; vealers, steady; hardly sufficient stockers and feeders here to test conditions; few loads, $5.50@ 7.65; looks weak; bulk butcher cows and heifers, $4.50@7,75; canners and cutters, $2.35@3.75; practical veal top, $8.50; bologna bulls, $4.25@4.60; few on beefy order, $4.76. Sheep—Receipts, 8,000; slow; fat lambs, steady to 25c lower; Idaho springers, $16.00@16.25; natives, $15.25@15.50; four loads good 72 to 84 pound clipped lambs, $13.25; sheep, scarce; few medium to good ewes, $3.00@5.00; Ipoks 25c lower. Denver Prices. DENVER, Colo., June 4.—(U. &. Department of Agriculture.)—Hogs —Receipts, 1,200; steady to 10 lower; top, $7.00; desirable 190 to 235 pound averages, $6.75 to $6.95; new Ught lights, $5.75 to $6.00; packing sows, mostly $5.75; fat pigs, $5.25 ; stock grade, generally $5.00, Cattle—Receipta, 2,000; calves, 50; runover half southern bulls, steady, few, $3.65@4.50; yearling kind, $5.7! $10.50; other classes, dull, weak to unevenly lower; fat steers numerous; plain best cows 7.00; heifers, plain steers, $8.00; $8. loads eral heifers, around $9.60; mixed year- lings, 87.56. Sheep—Receipta, nono; nominally steady. ———————— For results try a Tribune Classt fed Ad, OILS HEAVY IN (WHEAT PRICES STOCK TRADING) SOAR IN MART Uncertain Trade Situation Causes Downturn in New York. NEW YORK, June 4.—Ratlroad shares led an early advance in to- day's active stock market, with a broad buying movement was stimu- lated by subsiding apprehension over adverse legislation in the wan- ing session of congress. Subsequent Professional selling of oll shares, due to the uncertain trade situation, caused a late reaction, Sales ap- proximated 750,000 shares, NEW YORK, June 4.—Stock prices strengthened materially at the opening of today’s market, with a wide variety of leading issues ad- Vancing half to one point in active trading. Buying was stimulated by the senate’s to adjourn congress ft! senate’s vote to adjourn con. Bress this week and defeat of the McNary-Haugen farm bill in the nouse, International Paper ana American Waterworks establishea new high levels for the year. Further improvement in prices took place within the first half hour as active short covering was induced by the view that the latest Wash- ington developments would stimu- late business. Several additional new high records were established, with railroad shares figuring con- spicuously in the advance on the ground that danger of unfavorable legislation this summer had been removed. Buying also was extend- ed to many ordinarily inactive is- sues. American Waterworks continued its sensational rise, jumping 6 Points to 71 on unverified reports of new acquisitions, but profit tak- ing later*forced it back to 6 Gains of a point or so were register- ed by Delaware and Hudson, Lehigh Valley, Southern Railway, Missouri Pacific preferred, and many leading Industrials and specialties. Union Bag and Paper jumped four points; American Tobacco 2% and Virginia Railway and Power 2. Foreign ex- changes opened easier, Continued buoyancy of the ralls shares, as buying later became more of a selective character, emphasized Wall Street’ view that ono of the chiet benefits of the adjournment of congress would be the blocking of any radical legislation affecting the carriers. Coalers and law priced stocks, particularly those of the southern and southeastern roads, commanded the most attention. Southern railway advanced 2 points to the year’s highest levels at 573% and gains of 1 to 2 points were scor- ed by a dozen or more other rail is- sues. United States Steel, Baldwin and American Locomotive failed to extend their early gains, but Amer- {ean Waterworks snapped back to 70. Liquidation of American Tobacco drove the common stock down two points and the preferred 6 to new 1924 low prices. Call money opened at 3 per cent. Speculation became more of a two sided affair in the afternoon. Oils showed heaviness, and profit taking sales made inroads in the prices of United States Steel, United States Cast Pipe, International Paper and Famous Players. Railroads lead well, with Atchison and New “York Central forging up smartly, Bald win and American Can also stiffened materially. The closing was trregular. Ener- getic selling of the ol] shares, based on rumors of additional price cuts, depressed many of these issues one to two points in the final hour. Various specialties were also heavy, including United States Cast Iron Pipe, Davison, Colorado Fuel and Stewart Warner. Market Gossip Calgary Men Get Well CALGARY, Alberta, June 4.—An oll well has been successfully dril- led in the Kevin-Sunburst field by a company composed of local business men, according to word received here. OJl was discovered at a depth of 1481 feet, It has been estimated that it will run 100 barrels daily. LIBERTY BONDS NEW YORK, June 4.—Liberty bords closed: 3%s $100.4 First 4%s 100.2, Second 4%s 100.19 Third 4%s 101.4 100.91 —- 100.17 Butter and Eggs Fourth 44s U, 8. government CHICAGO, June 4—Butter, high- standards, rats, 35% @36%c; seconds, 32@34\40. Eges, higher; receipts, 24,467 cases; firsts, 23@23%40; ordinary firsts, 22@22%0; storage pack ex tras, 26¢; firsts, 24%0. SUGAR — W YORK, Juno 4—Only a moderate inquiry war reported for refined sugar. Prices wer un changed to 10 polnis lower at $6.70 to $6.80 for fine granulated Refined futures were nominal. Later there was a reduction of 1-16 on sale of 5,000 bars of Cuban Frompt shipment at $5.v2. Reports on Probable Legis- lation Encourage Heavy Buying. CHICAGO, June 4.—General buy- ing, due more or less to prices at Winnipeg led to a material upturn in the Chicago wheat market today during the early cealings. The broad- ening of demand was explained in some quarters as chiefly the result of the proponed substitute for the defeated McNary-Haugen bill. Other observers expressed opinions that the buying reflected more chiefly in the normal functioning of the market, the likelihood of new legis- lation having diminished. Opening prices, which ranged from %0 de- cline to %4@o advance; July $1.03% to $1.034@% and September $1.05% to $1.05; were followed a rise all around, more than a cent a bushel for July and September, Subsequently, reports that the substance of the proposed new farm bill had been submitted to President Coolidge, became a rigid further ad- vance in prices. The close was firm, 1% to %c net higher, July $1.05%% to $1.05% and September $1.06% to $1.07. Unfavorable weather tended’ to lift prices of corn and oats. After opening at %c lower to an equal ad- vance, July 76% to 76140, corn acor- ed moderate general gains. Indications that much replanting of corn would be necessary had a bullish effect later. The close was firm, % to 1@1%e net higher, July 17% to T7%e. Oats started unchanged to a shade higher, July 43%c and later showed an advance for all deliveries, Provisions were easier, sympath- ‘zing with weakness of hog values, Open High Low Close 4 1.05% 1.03% 1.05% & 1.07% 1.05% 1.06% 4 1.09% 1.07% 1.09% TT% .76% .77% ‘11% 476 11% 69% .69 69% ABM 43M A 40% 39% 40 AM 40% 41% 10.47 10:47 10.40 10.40 -10.77 10.77 10.67 10.67 --- 9.95 a =-- 10.02 BELLIES: July --.--10.45 10.45 10.42 10.43 Cash Grains and Provisions. CHICAGO, June 4.—Wheat—No. 1 hard, $1.06%@1.09%; No. 2 hard, $1.04%G1.10%. Corn—No, 2 mixed, 77% @T78e; No. 2 yellow, 78% @78 6c. Oats—No, white, 47% @49%e; No. eo white, 47@48%4c. Rye—No. 2, 68c. Barley—71@82c. Timothy seed—$5.00@7.25. Clover seed—$10.00@18.50. Lard—$10,25. Ribs—$10.00. Bellies—$10.37. METALS ) NEW YORK, June 4,—Copper, quiet; electrolytic, spot and futur: 12% @12%e. Tin, steady; $41.25, Iron, easy; No. 1 northern, $20.00 @21.00; No. 2 northern, $19.50@ 20.50; No. 2 eouthern, $21.00. Lead, steady; spot, $7.00@7.25. spot and futures, Zinc, steady; East St. Louls spot and nearby, $5.77@5.80;. futures, $5.80@5.85. Antimony, spot, $8.40. COTTON NEW YORK, June 4,—Cotton spot, quiet; middling, $30.85. SILVER NEW YORK, June 4.—Bar silver 66%c; Mexican dollars Slo —— First Issue Of Wyoming Derrick Just 34 Years Ago ‘The Rawlins Republican lishing early-day news under the heading “Thirty-four Years Ago; taken from tie Republican of that date.” Last week the following item concerning the first newspaper published by W. 8. Kimball in Cas per, May 21, 1890, appeared: ‘The Wyoming Derrick, just launched at Casper, reached us this ts pub- week. It is a neat publication and a credit to Casper and Natrona county; but {t's got bad politics.’” It might be added for local bene- fit that the Derrick was published by Mr. Kimball under Democratic colors, and stockholders in the newspaper included P. C, Nicolay- sen and A,. J, Cunningham, both of whom have since nubseribed to Re publican faith, POSTOFFICE FOR TOKYO. TOKYO (Un Press)—A five story postoffice, modeled on the postoffices of London and Chicago, is to be erected in Tokyo at a cost of 6,000,000,000 yen (roughly, $3,000, 00.) The old Central Postoffice burned more than two years ago, PAGE ELEVEN. FOREIGN. Czechoslovak Rep., 8c Ctfs. French Republic, Japanese is Tbe Kingdom of Delgiim, §* —--------------2---——=o> Kingdom of Norway, 6s Rep. of Chilo, &@, 1046 ..-..--___.__. State of Quegnsiand, 69 U. WK. of G. B. & 1, 5%, sweep barpeican | 5s American Sugar, 6g_--- American Tet Cole Anaconda Copper 71 AnaconGa Copper 6s, 1955 --—-- At. T. dnd San Fe. gon, 4s Baltimore and Ohio, ov., 448 ~--------------——-- Bethlehem Steei con., 6s, Series A -. Canadian Pacific deb,, a8 ~~... Chicago, Burllagton and Quincy. ret, Chicago, Milwaukee and St. Paul cv. Chile Copper Goodyear Tire 8s, Tet woe 2------------- +--+ Great Northern, 7s Ay nas eee-------- 107% PORTED RE POW 66, Adon cee a cn dneec ean caeeoene 95% Northern Pacific ret., 68 B --—---.-2--------se---= 103% Northwestern Bell Tel., Is ----------—---=---—-———= 10744 Pacific Gas and Hlectrio 6s -------------_____-__. 91 Penn. R. R. gen. 68 —-------------=——----2 --- 100 Sinclair, Com. OL, Col: | Wh eee enmeens 91% Southern Pacific ev., 48 94 Union Pacific first 4s 90% U. 8. Rubber 6s ~ 81% Utah Power and 89 Western Union 6% --—.. 110 Westinghouse Electric 78 107% Wilson and Co., cv., 88 --. 87% Dominion of Canada, 6s, 1952 -—----. ALL ROADS 10 THERMOPOLI (Continue@? from Page Ons) floors under trees and a skyful of stars. Acres of green lawns, long rows of beautiful trees, splashes of re- splendent colors in flower ‘dens, shady paths—do’ you like them? Thermopolis has all of these and more. There you will find every thing that you desire for a pleasant week- end. Hotels at Thermopolis are not to be excelled,. For instance, there is the palatial Woods hotel. It stands in a marvelous spot near to the edge of the Big Horn river. It affords its guests splendid accom- modations. From now on Casper will turn to July 1, 2 and 8 will find thousands of people in Thermopolis shaving a wonderful time. Attractions of the celebration in- clude three airplanes in flying stunts a two-section train of wild animals and concesstons, 40 rounds of box- ing on a high class fight card, and bands galore. Scores of other events will feature the formal open- ing. Casper Day will be the second of July. Visitors from this city will be treated to a long round of pleasure. Mr. Bangert reports the highway from here to Thermopolis through the canyon, to be in excellent con- dition, Thousands of Casperites will be traveling over this road before the celebration, and they will find the motor trip a revelation and tne hot springs city of Thermopolis more alluring than they had antici pated, > BERLIN — The Marx ministry was reinstated when President Ebert, of Germany reappointed Dr. Wilhelm Marx as chancellor nnd Thermopolis for its holidays. To better acquaint you with your pla: ground, Charles J. Bangert, secre- tary of the chamber of commerce there, is in the city today. His mission here {s especially con- cerned with the great three-day for- mal opening celebration of the Wind river canyon highway next month. confirmed the members of the gov- ernment which resigned May ———$< For results try a Tribune Cias- sifted Ad. en SEND IT TO THE PEARL WHITH LAUNDRY PHONE 1703 26. Our June Selling Event Is Now in Full Swing S47 Hart Schaffner & Marx and Styleplus Suits At Special Prices ‘21 Values $ 2720 Values to $40 .50 to $35 $ 37.50 Values to $55 Every Suit Guaranteed or Money Cheerfully Refunded Compare Our Values Always

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