Casper Daily Tribune Newspaper, June 5, 1924, Page 11

THURSDAY, JUNE 5, 1924. Oil Finance FIFTY-SEVEN WELLS _ DRILLED IN MONTH High Record for Season Established anne _ May as Result of Up Oil Operations in Salt Creek. Fifty-seven completions during the month of May established a new record for the season in the Wyoming oil fields, aggregate new produc- tion being 15,711 barrels a day as compared with 11,989 in April from 37 wells. No dry hole# were encountered in May while four were re- the previous month. Speeding up of Salt Creek drilling opera- tions resulted in the increased number of wells. Summary of comple- tiotts by fields, showing production, Tigs drilling and total rigs follows: Salt Creek and Teapot .... ‘Warm Springs and “Thermopolis Big Basin Lost So r and Carbon County . Rock River and Medicine Bow .... Fremont County Osage ‘Natrona County Tincoln County Baxter Basin Miscellaneous May Total April Total Difference Cat Creek Sunburst April Total Difference Ges production from one new well in Wyoming completed peau e Lie ey UT seme emeneeseteseseceseen B fi 1 eT § Drill. Tot. Rigs 91 348 42 450 a7 19 88 99 156 167 21 52 105 178 181 3 in May amounted to 30,000,000 cubic foot and production from one in Montana, 2,500,000 feet. Automobiles Detroit—The advance of $60 in the price cf the closed models of the Rickenbacker Motor company were not unexpected in motor circles here, in view of the decline in out- put which has affected many of the leading producers. + | Bruit San Jose—About ten carloads of cherries are being shipped to East-| pe: ern markets daily at present and this output will continue until mid- June, Canners will start opera- ‘tions this week. Onions . Laredo, Tex.—A total of 1,350 ars of Bermuda onions has been shipped from this district so far this Year. The season is now about over. Brick Philadelphia, Pa.—The demolition of old houses blocking approaches to new Delaware river bridge has thrown so much old brick on the market as to affect the demand for new products. ou St. Paul—Oll men here are watch- ing closely the effect on other north- ‘western markets of the cut in the Price of gasoline here to 18 cents a gallon, which now is in effect, as m result of shles at reduced prices by co-operative associations in Min- nesota and the St. Paul Auto club. Textiles Boston—Textile plant: to show varying influenc put New England. The Nelson D. White and Sons mills have resumed full schedule operations after hav- ing been on part time and closed for a period. J. and P. Coats, thread manufacturers, curtailed their Pro- Trade News vidence plants from 48 to 44 hours a week. Lumber New Orleans — Production in Southern Pine Association mills last week juThped up 7.9 per cent but neither new orders nor ship- ments kept pace. New orders ad- vanced four tenths of one per cent, while shipments fell off half of one © cent. Unfilled orders totalled 187,500,000 feet. Woot Mertzon, Tex.—Although wool at the recent sales here brought new high prices for the season of 60 cents a pound for 12 months fleeces| and 45% for 8 months clips, bids were rejected on over 300,000 pounds and nearly an equal amount was not offered by holders, Shoes | St. Louls—A statement today by the International Shoe company shows that sales for the first five months of this year were $44,438,- 866, a gain of $254,017 over the cor- responding period for last year. The net income for the period was $4,- 892,254. Shipments are heavy, but future orders fewer in number. Dry Goods Seattle—Trade in women's wear, hats and shoes is better than fair and mall order houses are preparing for a heavy run of orders when the harvest money commences to trickle back to the agricultural districts. Steel Cleveland — Improvement In de- mand for sheets is evident at North- ern Ohio steel plants. The head of one leading company reported today more orders were booked last week than In three weeks previous, Crude Output Continues To Show Gain in Country NEW YORK, June 5.—The dally rage crude of! production of the Papnitea States increased 3,200 barrels flor the week ended May 31, totalling 1,983,400 barrels, according to the weekly summary of the American Petroleum institute. The dally average production east of the Rocky mountains was ‘3,362,150 bar- rels, an increase of 13,450. California production was 631,250 barrels, a decrease of 10,250, Oklahoma showed a dally average Production of 448,450 barrels, in- crease of 3,650 barrels; Kansas 72,- 600, increage 650; North Texas 79,- 900; Inctease 4,550: central Tex 185,950, decrease 3,350; north Lout 0; Arkansas 167,600, increase 9,550; Gulf Coast 111,250, decrease 600; eastern 105,- 000, increase 1,500; Wyoming and Montana 127,950; decrease 1,100, The daily average imports of pe- troleum at principal ports for the week ended May 31 were 267,143 barrels, compared with 218,285 for the previous week, Dally average receipts of California oi] at Atlantic and Gulf Coast ports were 92,857 barrels, compared with 171,000 for the previous week. BUSINESS BRIEFS SEATTLE, Wash.—Retall trade here for the last month has shown a substance and staying power sur: prising to merchants, Reports show retail. gales were about 6 per cent higher than in May last year. The bank clearings last week were the largest since 1920. Bulld- ing operations in May were sur- passed only by the Juno construc tion, when a permit for a new hotel to coat $3,600,000 ran the total high. PITTSBURGH, Pa.— Operations in the building trades and in the steel mills still are so active that while merchants here expect that there may be a slight slump in the summer, Iberal buying will take in the fall. Wage earners on these merchants depend to a large extent are employed at high wages and as long os they are work: ing they can be counted on to keep those wages in circulation. Sales by wholesalers to the large company to the dullness at the coal mines tn this district. Building materials, household utensils and glass con- tinue in excellent demand, Condi- tions in the hardware trade have not changed materially in the last fortnight. ST. PAUL.—Buriness men and financial experts from half a dozen sections are studying northwestern eonditions at first hand thia week as guests of the Great Northern rail, way. Crop conditions are reported the best in years and farmers are switching away from the one crop {dea and seeding other products be- aides wheat, PHILADELPHIA. —The amount of building which has been started within the first five months of this year in this district is slightly ahead of that of last year, but the amount expended’ has decreased over $7, 000,000 indicating building stores gre leas than normal, owing costs are lower. Bonds Allled Chemical & Dye -..-- 71% American Can ---.-- ae American Car & Founéry — American International sale PS American American American American American American Woolen American Zinc, Lea dand Sm. Anaconda Copper Atchison ed Atlantic oCast Line - - Baldwin Locomotive - Baltimore and Ohio ~-------= Bethlehem Steel —------.-..- California Petroleum Canadian Pacific -. Central Leather ----------. Cerro de Pasco --.--..---... Chandler Motors == Chesapeake and Ohio ------- Chicago and Northwestern __ Chicago, Mil, & St. Paul pfd. Chicago, R. I, and Pac. -.-.. Chile Copper Coca Cola -. Colorado Fuel and Iron Congoleum Consolidated Gas -.-----.__. Corn Products new --------- Cosden Oil Cruciklp Steel SS — Cuba Cane Sugar pf Davison Chemical - - Du Pont de Nemours ex div Tel. and Tel. -..- Tobacco Famous Piayers Lasky General Asphalt —. General Electric General Motors — Great Northern pfd. Gulf States Steel -. Houston Oil -.---.--.. Tilinots Central — International Harvester —. Int. Mer. Marine pfd. Int. Tel. and Tel. - Invincible Oil -.. Kelly Springfield Tire Kennecott Copper - Louisville and Nashville Mack Truck .. Marland Oj! Maxwell Motors A Middle States Ol Missour!, Kan, and ‘Tex. Missouri Pacific pfd. --..... National Lead — New Orleans, Tex and Mex. New York Central --....... N. ¥., N. H., and Hartford —_ Norfolk and Western -.. Northern Pacific Pacific Oil — Pan American Petroleum B. Pennsylvania .. aes ih Producers and Refiners 2... Pure Ol Reading - Republic Iron and Steel -.__. Reynolds Tobacco B -+-...-. Seaboard Air Line — Sears Roebuck ~ Sinclair Con -. onr--n----- Sloss-Sheffield Steel and Iron Southern Pacific -----.... Southern Railway -.._.. Standard Rallway pfd. -. Standard O11 of Cal. .-.. Standard Oi! of N. J. Studebaker Corporation Texas Co, . Texas and Pacific . Tobacco Products .. Transcontinental Ol) ~. Union Pacific United Drug -. U. 8. Cast Iron Pipe U. 8. ind. Alcohol ~_.. United States Rubber United States Steel Utah Copper --... Westinghouse Electric Willys Overland .. Woolworth 14% #15 63 42 Continental” eo Cumberland =~. Galena Ninos Nor. Ohio Of airlo Ol Prairie Pips . Solar Ref, Sou. Pipe - 60% 206 102 181 60% 208 10214 185 95 os 39% 40 104% 105% 236 4237 38% 39 290 293 60% 61% 132-134 56% 56% CRUDE MARKET Cat Creek ~-2------ ap neen enn $1.95 Lance Creek ...--ne---------= 1,90 RAMS |:cdparniniceneysainphietioas a) tNe Grass Creek light .. a Grass Creek, heavy ~~... Greybull Toreblight .. wee nanan e--- Bk Bast --.--.------. Rock Creek ~----.<.- Balt Creek --~-------ee------- Big Muddy --.---.--------.-= OS I pao tak Sere Sunburst ~---.--—----------. Hamilton Dome -... Ferris Byron Natches ...-..-.... Pilot Butte -... POTATOES CHICAGO, June trading moderate; stock, 21; old, 5. — Potatoes, receipts, new 5 cars; total U, 8 shipments, 5 Wisconsin and Michigan sacked and bulk round whites, $1.65@1.75; Alabama sacked Buss Triumphs, $2.40@2.60; fow, $2.60; Louisiana sacked Bliss Tri umphs, 5@2,60; North Carolina barreled Cobblers, mostly $9.50. fhe Casper Stocks :: Grain NEWS AND QUOTATIONS BY LEASED WIR: Buck Creek --------+ Burko --------------- Blackstone Salt Creek Chappell Columbine Central Pipe Consolidated Royalty- Frantz --------------- Gates Jupiter ----.. Kinney Coastal -....- Lance Creek Royalty Marine Mike Henry ---.------ .00% Mountain an@ Gulf -- 1.40 Picardy +02 Preston wennnen= 01% 02% Red Bank = =22.00 24.00 ~ Royalty & Producers - .05% 05% Sunset 04 Tom Bell Royalty 02 Western Exploration. ‘3.70 Western States 3 Mountain Producers — Glenrock Oil -.. Salt Creek Prds. Salt Creek Cons. New York Oil Mutual 8. O. CHICAGO, June 5.—(U. 8. De- partment of Agriculture).—Hogs— Receipts; 37,000; slow,.mostly 10¢ lower; large receipts; big packers in- active; bulk good and choice 250 to 325-pound butchers, $7.30@7.50; top, $7.40; bulk better 180 to 225-pound weight, $7.10@7.25; bulk desirable 140 to 170-pound averages, $6.40@ packing sows largely, $6.35@ 6.50; slaughter pigs about steady; bulk good and choice strong wéight $5.85@6.15; heavyweight hogs, $7.15 @7.50; medium, $7.06 @7.: ght, $6.60@7.30; Nght lghts, $5.75@6.90; packing sows, smooth, $6.40@6.60; packing sows, rough, $6.26@6.40; slaughter pigs, $5.09@6.25. Cattle—Recoipts, 10,01 general trade, active; better grades beef steers and yearlings 25c up; ght grassy kind, slow, about steady; good shipping demand; fat cows of value to sell at $6.00 upward and beef heifers at $7.00 and above 10 to 1Se higher; other grades and classes she stock about steady; top matured steers, $11.30; bulk, $8.25@ 10.60; stockers and feeders, slightly more active; bulls and veal calves, steady to strong; spots 25c higher on vealers; cholce kinds to packers, mostly $9.00@9.25; Nght calves around $8.00@8.25. Sheep—Receipts, 11,000; slow: better grades fat lambs fully stead: lower grades, 25 to 50c lower: prac. tically no early sales fat sheep; pros- pects 25 to 50c lower; early bulk na- tive spring lambs, $16.25@16.50; sorting comparatively moderate; cull lambs, mostly $11.00; few good and choice clipped lambs, $14.00@ 14.25. Omaha Quotations. OMAHA, June 5.—{U. 8. Depart- ment “ot Agriculture.}—Hogs—Re ceipts, 19,000; mostly 10c lower; bulk 220 to 320 pound butchers, $6 6.85; top, $6.85; good 160 to pound weights, $6.50@6.75; plainer lights on down to $6.00; packing sows, $6.00@6.25; bulk around $6.10; bulk of sales, $6.50@6.85; average cost Wednesday, $6.79; weight, 253, Cattle—Receipts, 4,650; heef steers and yearlings, moderateiy active, strong to 10c higher; top steers, $10.50; bulk steers and yearlings, $7.50@10.00; fed sho stock, 10@1be higher; canners, cutters and yeal- ers, steady; bulls, strong; stockers and feeders, nominally steady; bulk butcher cows and heifers, $4.50@ eanners and cutters, $2.35@ practical veal top, $3. bologna bulls, $4.95@4.75, Sheep—Receipts, 4,000; slow; sales Killing classes, steady; springers, $15.00@15.50; two Idaho spring lambs, $16.00; held higher: one load 85 clipped lambs, $13.25; small clipped ewes, $4,00@5 early native loads some pound lots Denver Prices DENVER, June 5.—(U. &. Depart- ment of Agriculture)—Hogs. Re: celpts 4,100; opening salés mostly 10¢ lower; some bids off more; prac: teal top 86.90; few lots drive-ins around $7.00; desirable 190 to 240 pound averages $6.75 to $8.85; sev- eral loads $6.65 to $6.15; other olasa- es steady; light ights mostly $6.00 packing sows $5.75; t pigs $5.25 to $5.75; stock kind $5.00, Cattle, Receipts 2,600; calves 100; slow; steady with Wednekday decline; better grades vealers $10.00 to $10.50; good heavy $9.40, some held higher; few loads cows $6.00; good light helfers $8.00; beat heifers $8.50; good mixed yearlings $§.50; choice 1,300 to 1,350 pound steers late Wednesday $10.25 to $10.50; around two thirds of run southerns on through billing. Sheep receipts, none. SUGAR NEW YORK, June 5.—Refined sugar prices were unchanged to 40 points lower, with one refiner Hat at $6.70 and all others at $4.40. Refined futures were nominal. SILVER NEW YORK, June 6.—Bar ailver } Mexican dollars 61%. Daily Cribune RAILS HIGHER, OTHERS SLUMP General List Receives Set- back In Exchange Trading Today NEW YORK, June 5.—Stock prices pursued an irregular trend today, as the depression in certain indus- tries outweighed the demand for railroad shares as a market factor. Many southern and southwestern rail stocks sold at the year’s high- est prices. Butter and sugar issues touched new low levels qn price cut- ting of these commodities. Sales approximated 99,000 shares. NEW YORK, June 5. — With Speculative sentiment divided at the opening of today’s stock market, Prices followed an irregular course. Oll shares were heavy on the an- nouncement of a further increase in crude production but support was evident for some representative in- dustrials, including United Stee! and American Can which opened slightly higher. Changes generally Were restricted to narrow fractions, with Atlantic Refining and Royal Dutch, howeyer, dropping about a point. Renewal of speculative selling on a large scale later, caused a more defined reaction, as unfavorable trade reports counteracted the in- fluence of recent Washington de- velopments. A number of low priced shares dipped to new low levels for the year, including Cos- den, Cuban American Sugar, Vir. ginia-Caroline preferred and Ameri- can Sumatra Tobacco, the latter dropping 2% points. Punta Alegre Sugar also established a new 1924 minimum figure, in reflection of the decline in sugar prices. Offerings of independent steels increased and Speculative favorites like Dupont, United State Rubber first preferred also yielded to selling pressure. Royal Dutch extended its loss to two points and American Water- works, Bethlehem Steel and Punta Alegre were down 1 to 1%. West Penn Power jumped over three Points to a new high. Forelgn ex. changes opened steady. Stability of railroad shares and heaviness of most other stocks were the contrasting foatures of the carly trading. Accumulation of Southern railway, carrying the stock up 1% points to a new top price at 58, had a strengthening effect on other and southwestern rail issues, Mi<- sourl Pacific preferred went to new 1924 high level at 44%. West Penn Power supplanted American Waterworks as the leader of the public utility group, soaring more than six points to the year’s best price at 65. With the prices of raw and refined sugar at new low levels for the year, small offerings were effective in lowering these shares as well as some of the tobaccas and oile, Curtailment of production by United States Rubber company sub- Sidlaries accounted for the weaknosa of these shares. “Soo” preferred moved counter to the general rail- road trend in dropping three points to 65, a new 1924 low and Kresge yielded ten points to 330, Cat Money opened at 36c. Low priced railroad shares con: tinued to move indeperidently of the general list, the Eries spurting up- ward in the afternoon with Pere Marquette, Pittsburgh and West Virginia, Texas and Paelfic and Wa h preferred A., Porto Ri bacco, which had not been des for over three months, sold at 50, a drop of 20 points and a low figure for tho year. WALL STREET—The closing was irregular. Sugar shares were ham- mered with the drop in raw and re- fined prices to the lowest point in two years. American Sugar pre- ferred fell five points to 82, a new 1924 low. West Penn Power ex:' tended its gains almost 10 points to 68, and Missouri Pacific preferred was 3 points higher. Foreign Exchange NEW YORK, exchanges, cents: Great cable: 428% June 6.—Foreign steady; quotations in Britain, demand, 431; 431%; 60-day bills on banks, France, demand, 5.02 cables, 6.03. Italy, demand (per trillion) .28%; Holland, 37.87; Nor- way, 13.55; Sweden, 26,60; Denmark, 16.80%; Switzerland, 17.68; Spain, 18.48; Greece, 1.80; Poland .000012; Czecho Slovakia, 2.9114; Jugo Sh 20%; Austria, .0014%; Rumania, 3; Argentina, 32.62: Brazil, 10.70; Tokio, 40%, Montreal, .98%. a Market Gossip PAGE ELEVEN. Livestock :: All Markets WHEAT PRICES Dat GROUND Purchasing for Expor t| Brings Rally In Late Trading CHICAGO, June &,.—Material de- clines in the price of wheat at the outset of today’s trading here were ascribed more or less to rains over the Canadian northwest and to the fact that the Liverpool market pro- ved unresponsive to yesterday's ad- vance on this side of the Atlantic, In other quarters, selling was also attributed to President Coolidges re- fusal to endorse a proposed sub- stitute for the McNary-Haugen bill. The selling came chiefly. from houses that were prominent yester- day on the bull side of the market. Opening prices, which ranged from \% to %eo lower; with July $1.04% to $1.04% and September $1.06% to $1.06%, were followed by a decided further drop. Subsequently, word of export pur- chasing at Winnipeg helped to rally the market here. Besides, gossip was current that export bids for United States wheat were on an export ba- sis, The stimulus however, failed to last, and prices closed weak, %c to 1%ec, net lower, July $1.04% to $1.04% and September $1.05% to $1.08. Warmer weather tended to ease down the corn market, and so too did wheat weakness. After opening unchanged to % up, July .77% to -77%, corn underwent a moderate general setback,. Later the corn recovered owing to Iowa reports that the corn crop outlook was the worst in many years. The closing was unsettled at the same as yesterday's finish to %@tko lower; July T7@77%o to Tite. Oats were relatively firm owing to Improved cash demand. Starting unchanged to %@e off, July .45 to 45%, the market later scored some gains for all deliveries. Provisions reflected the turn in hog-values. down- Open High Low Close Wheat— July Sept Dec. Corn— July Sept. e Dee. 69% Oats— July Sept Dec. Lard— July Sept Ribs— 1,04% 1.06% 1.09 1.05% 1.04 1.04% 1.07 1,05% 1.05% 1.09% 1.08% 1.08% 17 16% 69% TS TT 16% 69% AD 39% ALM 46% 40% ALM 10,35 10.35 10.65 10.32 10.62 10.82 10.62 9.90 10.00 CHICAGO, ‘Wheat—No. 3 red, $1.0416@$1.05; No, 2 hard, $1.11. Corn—Ni yellow, 2 mixed, 78%c; No. 2 ; No. ‘Timothy Cloverseed—$10.00@ 18.50. Lard—$10.17 Ribs—$10.00. Bellies—$10.37. MINNEAPOLIS, June 5.—Flour, Wall Street Briofs Mountain Producers corporation has declared an extra dividend of 20 centn and the regular quarterly dividend of the same amount, both payable July 1, to stock of record June 16. NEW YORK, June 5. sult of the decline in raw sugar, several refiners today cut their prices to the basis of $6.50 for fine , the lowest level record- AS a re NEW YORK, bonds closed: first 4%48 100.90; second } third 4%s 101.5, Fourth J. 8. Government 4\s June 6.—Liberty unchanged patents, $ SAVER CAUGHT IN KANSAS CITY BROUGHT BACK DENVER, Colo, June 6,—Hd ward Carnes, 34 years old, ea ed cinvicted murderer from Steamboat Springs, arrested Monday in Kan City, passed through Denver today on his way to Steamboat Springs, in the custody of 1, BH. Wil son, deputy United States marshal who recognized him in a crowd at the Kansas City union depot. Carnes broke from the Routt county jail on the night of March 6, the night be fore he was to, be sentenced for murder Carnes shot and killed B. F. Hams during an election arg at Oak Creek on May 13, 1 Was convicted last Novembe was in jail awaiting: disposition a motion for a trial and se tones, when he his getaw Carnes was arrested after con siderable struggle at Kansas City last Monday when he was recog nized by Wilson He formerly conducted a hotel at Steamboat Springs. TRIO KILLED AT CROSSING MADISC¢ Rock today to 10c higher. Family wil ment He and ot new n ma¢ June 5.—Three {dents were Park when train to Marquette, automobile and dead Jobn John Stoneberg rman Blum ing No. nesville Iowa, struck their demolished it. The Stoneberg Mrs. bis wife, 35; and quist, ber brother, 45, killed | Dominion of Canada, 5s, 1952 French Republic, 748 -. Japanese 4s Kingdom of Belgium, Kingdom of Norway, American Tel. Col., Anaconda Copper ‘10, Anaconfa Copper 68, 1955 ----------_-__-------= At. T. and San Fe., gen. 4s ~------..-_---___._ Baltimore and Ohio, cv., 4%48 ----------------_- Bethlehem Steei con., 68, Series A -----...-------- Canadian Pacific deb, 48 _---_.. Chicago, Burlington and Quincy ret., 5s A_-----. Chicago, Milwaukee and St. Paul cv., Chile Copper 6a __.. Goodyear Tire 8s, 1941 Great Northern, 7s A Montana Power, 5s A__.. wo ne ---—--—--- Northern Pacifico ret, 6s B ~-----..--------------- Northwestern Bell ‘Tel. 2--+-------------------- Pacific Gas and Electric 2o--—--- -—--- + Penn, R. R. gen. 68 --.. ——< ee Bindlatr’ Com: (OlL, O01. 18) aconenncecccenececenaeens Southern Pacific cv. 46 -—-—------—---—----—-— Union Pacific first 46 .-—----.--—---~-------——. U, 8. Rubber 5s — Utah Power and Lights 51 Western Union 6% ---....... Westinghouse Electric 7s --------. Wilson and Co., ev., 6s .. 87% Five Wells Completed in Salt Creek By Midwest Five Salt Creek completions are reported by the Midwest Refining company this week, ‘Each produc: er will probably be shot to increase output. The completions are given as follows: Midw 40-79, shot. Salt SW sec. 7-39-78, 2,312 feet, 1 bar- rel; will be shot. Wyoming-Associated—34-A, . 35-40-79, 1, 656 feet, will be shot. Midwest Oll—t 40-79, 1, 543 feet; ar 22.| Midwest Oil—13-A, NW% sec. 34- NE\ 22] gon 40-79, 2, 481 feet; no test yet. 86 barrels; will be} At Neiber Dome the Midweet is drilling its test well at a depth of 3,850 feet. CAOPER YOUTH Late FLASHES WING HONGRS (Continued from Page One) ever employed by the Casper. Daily Tribune. Young Hagens 1s only 16 years of age but he has won a two. year scholarship to the Prineipa col- lege in competition with 300 other students. Having previously been entered for Dartmouth the young man found it necessary to change his plans if he were to ehjoy the benefits of the scholarship but after. his two years are completed at Prin- cipia he will matriculate at Dart mouth, Hagens will return to Casper this evening to greeted enthusiast! cally by his parents Mr. and Mrs G. R. Hagens and by a host of friends, all justly proud of his ao complishments, for the Casper boy has done well at Principia and mer. its commendation. It has alw t academy around all-arc SEX 60 barrels; NEX% sec. 22- no test yet. Oll—26-A, 1, 816 feet, nec, Creek Consolidated—11-A, INDIANAPOLIS, June The Associated Press,)—Dr. MeCul- lough of Indianapolis, today won the Indiana gubernatorial nomina- Uon. He was named on the third ballot. 6. — (By WASHINGTON, June 5.—With all of the organization Republicans on the committee absent, the senate oll committes today approved with minor changes the oil investigation report drawn up by Senator Walsh of Montana. Four Democrats and two Republicans took part in the action. The Republicans were Chair- men Ladd and Senator Norbeck of South Dakota, both of whom have consistently supported throughout the inquiry the position taken by Senator Walsh, WASHINGTON, June 6.—The house immigration committee today approved a resolution by Represen ® Sabath, Democrat, Illinols, wing entr to the United States to aliens who had embarked for this country before May 26, and who now have arrived in excess of the quota allowed by the revised immigration law. Mrs. Upton to Retire From PostinG. O. P. uztom of best all and the best udent, to give them 1 subject for a speech and to deter mine by the preparation and the do- y of thelr n enjoy the scholarship to the colleg Tho dual contest was held last Mon- day and Hagens won, It was an address pertaining to Principia. Young Hagens has spent four years at Principia. He has beon for two years on the track and foot ball teams and js vicepresidént of the Letter Men’s club, an athletic organization. He was elected to the captaincy of the college track team for next year He is also d first Heutenant in his military com pany as ell as being assistant house master for the boys of the|ment of tho retirement of Mrs. Ha schoo! This latter position is an|riet Taylor Upton of Warren, O., he conferred on much] Vice chairman of the executive con older boy committee, was made here today by The successful student has been|committ, was made here today by taking a general high school course} Willlam M. But manager of but next year he iy going President Coolldge's pre-convention ial in buslr nd finan campaign. © Tribune {s proud of Mrs. A. T. Hert of Louisville, Hagens When this inatitution! Widow of the late national commit started # daily paper October 9, 1916|teeman from Kent ¥ Willian Hagens was the firat carrier |mended for the vice chairmanshiy boy hired. Four others were em-|She will havo charge of the work ployed about the same time but|*#mong the women In the campaigr Hagens was Carrier No. 1 and he Announcement also was made by did his work faithfully and well af.|Mr. Butler of tho names of three ter school hours. Always indus.| additional delegates who will make tri he has achieved much | addresses seconding the nomination a short time and has dem-|f President Coolidge, They ‘ated such a marked precocity|1#aac Meekina North Carolin that there jn left no room for doubt|C- H. Carey, of Oregon and Repre regarding his ultimate success in| #entative Martin B, Madden of I his fe work. lnols, — LOW MARK IN SUGAR NEW YORK, easier; high 3; low 2%; ruling rate 3 cloning bid 2%; offered at 2%; REW YORK, 2%; call lo ‘i c 4; call loans against ac: |) NEW TORK established in here when ( pen, 2%. ‘Timo loans st freight, nee CLEVELAND, 0., 5.—(By Associated Preas.)—Annou June usually to spec Young Ls recom oO are June 5.—Call money A new low two year June past th aban equal was dy 4-6 tal market raws sold at to $4.90 duty mixed collateral 60.90 days 4; montha 4@4% prime commerc paper 44%@4%. by wh omy anied a METALS NEW YORK, electrolyt pot and June Cor quiet fut firm; steady and prices spot futures 4,.25 unchanged Lead steady; spot 700@71 | O Zine quiet; st Bt. Loula spot} and nearby 586. | Antimony spot 540. tober ‘ $2.11%. lh ENE 3 "TED—Clean Cotton ne Office, WA? The Tribu Rags at