Casper Daily Tribune Newspaper, June 6, 1924, Page 13

FRIDAY, JUNE 6, 1924. Oil ou. _ HOUSTON.—Produdtion of Gulf Coast heavy oil jumped 6,220 bar- daily last week, running the 1 of Gulf Coast and South Texas ids to 117,260 barrels dally. ity-four new producers were ight in. HAVERHILL, Mass.—The Haver- BIL shoe board of arbitration has sued an appeal for lower living costs to back up the recent wage reduc- tion of 20 per cent granted by the Ddoard ahd has asked co-operation from real estate men and merchants . to reduce prices of necessities. Non Ferrous Metals. ° PHILADELPHIA.— Considerable feeling has arisen among Philadel- bt re: investors over the action of hia Board of Trade in te the defeat of the bill in con- gress providing for additional pur- chases of silver by the government $1 an ounce as under the Pittman act, The Nevada silver mining com- panies number many Philadelphians among thelr stockholders. s Lumber. ST. LOUIS.—The United Lumber company reported today its sales for the last month were larger than for any previous month this year. Fruit. LODI; Cal.—California table and wine grapes this year will be of ex- cellent quality but the quantity probably will be smalier than last year. Many contracts have heen signed by growers at prices ten to thirty per cent above those of la: year. Agriculture Equipment. CHICAGO.—Agricultural _—_ equip- ment manufacturers in many in- stances are finding an improved Prices Show Little Change While Corn Continues Firm CHICAGO, June 6.—With indica- tions pointing to showers over the greater part of the wheat belt, wheat took a downward swing in price here today after a ‘brief show of firmness. The initial upward ten- dency of the market resulted from an advance in Liverpool quotations and from gossip that export bids had been lifted a little at the Gulf of Mexico. Sellers, however, were in a majority“after the weather fore- cast was out. Opening prices, which varied from unchanged fig- ures to %e higher with July $1.04% to $1.04%, and September $1.06 to $1.06%, were followed by a setback all around to well below yesterday's finish. Subsequently, strength in the Winnipeg market and Berlin ap- proval of the Dawes plan led to something of a rally. The close Was unsettled, %@%c lower to %c advance, July $1.04% to $1,04% and September $1.05% to $1.05%@%. Corn displayed relative stréngth owing to adverse weather condi- tions. After opening unchanged to %c higher, the market held near to the initial figures. Later the market was upheld by advices that much replanting would be necessary and by talk of scarcity of good seed corn. The close was firm, % to Sc net higher, July TTKe. Oats eased down with wheat, starting unchanged to %@c lower, July 46%@% to 46%c and later showing losses on all deliveries. Provisions lacked support. ADD or&ns MART— Open High Low WHEAT: July —..- 1.04% 1.04% 1.03% Sept. ---- 1.06%. 1.06% 1.04% 1.08% 1.02% 1.07% TT TM 16% 70% 76% +70 69% 48% 46% 45% 45% 40% 40% 40% 40% 41% 41% 41% 41% -10.30 10.32 10,30 10.32 10.62 10.57 10.62 9.87 — 9.95 9.92 10.45 10.45 10.75 10.75 BIG. VESSEL HiTS REEF BOSTON, June 6.—Wireless mes. sages received here today sid the passenger and freight steamer Cre- tan of the Merchants and Miners line, had grounded near Woods Hole last night. The steamer left Phila- deiphia for Boston Wednesday night with 14 pai WOODS HOLE, Mnes., June 6.— The merchants and miners, line Cre- tan, Philadelphia for Boston ground- ed last night on Monamesset fsland, at the mouth of Woods Hole harbo: She was resting e today and appeared in no immediate danger oe t ? ? Wyoming Motorway ¢ —_ | The number seven appears more than three Pundred tm Scriptures. in the Trade News Finance sf Bonds New York Stocks Last Gale Allied Chemical & Dye -.... market for their products at present} American Can .. —e though collections continue very slow, Exports are greater than a year ago. i Silkk. SEATTLE.—Silk and silk goods valued at about $8,000,000 will ar- "Tobacco rive here this week and heavy con- ‘Woolen signments are expected to continue American Car & Foundry --.~ International ----— Locomotive ~.-.-+. Smelting & Refg. — Tel. and Tel. -... throughout the month as Japanese Oi Uners will advance thelr sailings #0| crane oP as to complete voyages before the American barrier is raised July 1. to farm’ workers to all Texas and Oklahoma. Rubber. CLEVELAND.—Coineldent the reorganization of the Mason| Chicago, R. I. and Pac, Tire and Rubber company tt was|Chile Copper ---------. Coca Cola ..-..----—-..... announced that April sales $958,000 and net profits $42,000, | Colorado Fuel and Iron after all charges, A. W. Cluff, for-| Congoleum merly secretary has been president. Tron. the United States Steel tion, pald approximately cent of this amount. The total 1923 production was 44,459,340 tons. Coal, SCRANTON.—Operations in made | Consolidated Gas ._-. Oliver Atlaniic Coast Line Baldwin Locomotive Baltimore and Ohio - Grain, FORT WORTH—The yield of| Bethlehem Steel -——-——--. oats and barley will be greater this year in Denton county than last year. Railroads have reducod fares parts Chandler Motors American, Zinc, Lead and 8m. Central Leather ~--..-.-.. of| Cerra de Pasco od Chesapeake and Ohio -.— Chicago and Northwestern + with | Chicago, Mil & St. Paul pfd. Ccrn Products new --. Cosden Ol —-.. Erte ~ General, Asphalt General Electric General Motors — reat Northern pfd. Gulf States Steel the| Houston On — anthracite fields have been resumed | Ilinols Central this week almost in full, following a broken up period the week before.| int. Mer. Marine pfd. Cool weather has been of benefit in the last month to the] Invincible Oil coal business. gr@at|Int. Tel and Tel, Kelly Springfield Kennecott Copper - States Ol} ew York Central Famous Players Lasky .. Crucible Stee} -------------. ST. PAUL.—Taxes paid Minne-) Cuba Cane Sugar pfd. sota by iron mines for 1923 aggre-| Davison Chemical gated $6,181,161, or nearly double Ne the amount of 1922. The he eee Mining company, a subsidiary of International Harvester -...- (Continued from Page One) - ¥., N, H., and Hartford /_ tablished during the last year and| Norfolk and Western ---..~ in many other departments. Stu-| Northern Pacific ~-..------.. dents are being assisted to higher| Pacific Ol! ~~. education through a fund established by the Elks. The Elks auditorium| Pennsylvania — has come to be used for many pur- poses outside lodge and club activi-| Pure Ott tles with benefit to the public and] Reading many worthy movements. being established here fii ago the Elks have grown in num-| Seaboard Air Lin ber to about 700 members, building is paid for and they stand] sinctair Con. in a position to increase their ac- tivities in community welfare. The program jast ngght was ar- ranged by Don Lobdell, chairman of the membership committee; Leary, chairman of the entertain-| standard Oil of N. J. ment committee and Paul Russell, chairman of the attendance com- mittee. It was as follows: 1. Russian dance—Billy Butcher and Raymond Siler. 2. Boxing— George Kassis Horace Benham—draw, Since] Republic Iron and Steel years | Reynolds Tobacco B thelr} Sears Roebuck Southern Pacific Jack| Standard O11 of Cal. Studebaker Corporation — Texas Co. . Tobacco Products ‘Transcontinental Ol} ~ **/ union Pacific 3. Boxing—Tilford Olsen ys. Er-| United Drug - nest Benham—(raw. 4. Boxing—Jimmy Higgins “Toots” Warden—exhibition. swinging act. Wrestling—15. minute draw, personato: Mickey Stanton—draw, hibition. draw. 10. Boxing—Carl Runden Aleck Foster—decision to Runden. 11. Boxing — Jean Brittain vs. 12. Boxing—Merton Moore Young Burkett—decision to Moore. 18. Halleck & Jones—boxing ex- 14 Boxing—Elmer Carey vs. Bur- ton Moore—decision to Carey. 15. Boxing—Gulmont vs Blake— **) United States Rubber — 5. Neal & Perry—vaudeville act} United States Steel from the Wyoming theater. 6. Jack Fleming—strong man act.| Westinghouse Electric 7. Dr. J, C, Kamp—Indian club] Willys Overland Utah Copper — Woolworth 8 Kirkpatrick & McAllister— 9, Miss Claire Bishop—female tm- vi Producers and Refiners -. Southern Railway -.---.--. Southern Railway pfd ... Pan American Petroleum B. Sloss-Sheffield Steel | and Iron 14% 62 39% 55 16. Vaudeville — Gleason and Browning from the Columbia. icy Sp genes tf 17. Vaudeville — Mumford ana] Eruirie Pipe ~ 74 Merry from the Columbia. ma asyabt ool aes 18. Vaudeville — The Mitchels| SU. Pipe - » trom the Columbia. RE Bea one 19, Vaudeville — Hayden ana|S: 9- Ky. - pe Hall from the Columbia. Bi, O-.288 oo 20. Sack Rush-—contestants trom] 8: 9- N. ¥. ‘<4 the Standard Of Athletic associa-| 8: O- Ohlo bpd tion. Vacuum hed ee the afternoon. . BERLIN, . June 6.—Berlin reatened with a beer famine, | 38%c; extra firsts, 37@3fe: NEW YORK, June 6.—No changes Twenty-olgitt breweries were clos. | 354% OS9%cC; seconds, 32@34%Ke, were noted in the refined sugar ed today as the result of 8000 work-| Ege higher; receipts market, fine granulated being ers who are demanding an increase MO@MUC; ¢ quoted at $6.30 to 6.40 in wages. fire storage p Refined futures were nominal eal | tras, firsts, e fee oe Hard-boiled eggs are used as} a - - Pour. small change in many places in! Cal} the Tribune for highway \In-| MINNEAPOLIS, June 6.—Flour, eouthern. Russia. MESDAMES BISHOP AND SINGLAIA ENTERTAINED AT BREAKFAST MEETING CHEYENNE, Wyo., June 6.—The Cheyenne American Legion auxil- tary today entertained at breakfast for Mrs, Helen Bishop of Boston, Mass., national president of auxiliary, and Mrs, Burke H. clair of Casper, department presi- dent, who left here for Rawlins in BEER FAMINE IN BERLIN 8. O. Ind. CRUDE Cat Creek .... Lance Creek Osage -. Buck Creel | Burke = -.--..~.------- Blackstons Salt Creek .27 32 Chappel! -.------.---- 18 20 Central Pipe Consolidated Cow Guich Dornino Gates Mike Henry Mountain & Sunset Tom Bell Royalty .. Western Exploration - Western States -..-.. Wyo-Kans ----. xy ou .... Mutual Cosden doing Uttle; Bo) fo S50 pound Hurchers, 7.560 [Fores exchanges opened mteady. | Depositions in 7.40; top, $7.50; bulk desirable 160 to 225 pound weight, $7.00@7.30; g00da and choice 140 to 150 pound averages, largely $6.50@6:91 bulk packing pigs, strong to 25c higher; bulk geod and choice 120 to 130 pound weight, $6.00 to $6.25; heavyweight hogs, $7. 7.40; lightweight, $6.70@6.80; light lights, $5.75@7.00; packing hog: smooth, $6.45@6.05; packing hog: rough, $6.30@6.45; slaughter pig $6.25@6.25. Cattle— Receipts, 4,000; active; most — killin; spots shade higher on fear- nd better grade fat she stock: active deriand; Iiberaly supply fed steer run; yearlings of value to sell OIL SECURITIES By Wilson Cranmer & Co, Bessemer -~---------- Big Indian -------.-- Boston» Wyoming ---- Bikhorn ..... E. T. Willams -... Fargo -----------. Frantz ---------. Marine --~------—--- 3.00 3.15 spine dearea 1, tOn. 04 Royalty & Producers - ceaRd of today’s market, with popular in- dustrials advancing moderately on| Bethlehem at 45%. initial transactions, Public Utility nimi continued in demand, West ) mn Power and American Water- works moving up briskly. Uncer- MONEY } tain trade conditions contributed to heaviness of Cosden’ and some of| NRW YORK, June 6.—Call money, the motor and sugar shares, s > low, 2%; ruling Subsequent trading closely paral- led yesterday's price movements NEW YORK OURB CLOSING Mountain Producers - 18.25 Glenrock Ol! -. Salt Creek Pras. Salt Creek Cons. New York “on - Prod. and Refrs. 8. O. Indiana Chicago Prices. CHICAGO, ment ‘of Agriculture.}—Hogs—Re- ceipts, 30,000; generally strong to bc higher than Thursday's average; some lightweight, 5 to 10c upward; broad shipping demand; big packers @be Casper Dally Cribune PAGE THIRTEEN. Stocks :: NEWS AND QUOTATIONS BY LEASED WIR MANY STOGKS (sete: Wool Trading Continues 23 05 .80 15, 30 “ very. “M s a: moderate Columbine ~.-----—- 10 12 Exchange as Reaction The ‘weakness became more de- ‘The wool market is very dull PR ier is steady on Cee ees 190 3.00 Setar in fined as the session progressed, in-]and prices continue tc favor the Royalty. 1.23 1,25 fluential shares like United States | buyer. Manufacturers report bust- x r bette 205 Steel and Baldwin succumbing to| Nese at the milla tapering of but]|GQJen Littlefie ld 08 NEW YORK, June 6—Stock|the spreading liquidation of other] @re hopeful of a good light weight 04° 08 86% %37% 00% .01 Gulf 145 1.50 for won 01% 02% -—-—-18.50 20.00 06% weeeenen= 6-05 06 loa June 6.—(U. 8. Depart- on rect X bulk good and choice | ©! oil $6.40@6.60;" killing in i classes, steady to at $7.50@9.25; top matured steers, several loads, $10.00@10.40; best yearlin, $10.25; grassy cows, rather slow, mostly steady; fed and yearlings, practically 4 high as the close last week; bi canners and cutters, $3.00@3, canners, mostly $3.00@3.25; heavy bologna bull , $5.15 and above; bulk bolognas, $4.74@5.1 veal calves, largely $8.00@9.50 to packers, ac- cording to steers on Thursday, $ $10.55. lower; culls fat sheep, about steady; good to choice range springs, $16.75; native springers, $16.00@16.25; culls, most ly $10.50; good to choice clipped lambs, $13.75; few choice lightweight fat ewes, upward to $6.00. 15 63 42 stockers and feeders more active than early in the week; half fat pound averages; Sheep—Receipts, ter grades fat lam weight “and condition; country account late 9.70; some about 1,250 earlier in week, 11,000; slow; bet- weak to springers, 6c lower; Omaha Quotations, OMAHA, June 6.—(U. 8. Depart- ment of Agriculture.)}—Hogs—Re- ceipts, 12,000; mostly 5c higher; good and choice 220 to 825 pound butch- ers, $6.80@6.90; plainer ligh' down to $6.25; packing sows, $6.10@ 185 40 105 234 38% 290 60% | Dally steady: @9.50; top 56% 6014 | heifers, $4.50 stockers and feeders, nom!- 60% | 6.20; bulk, around $6.15; bulk of all 203 | sales, $6.50@6.90; average cost 102% | Thursday, $6.66; weight, 246. Cattle—Receipts, 1,050; beef steers 95% |", dyearlings, moderately active, scakoe, steady to strong; bulk, $7.50 steers averaging 1,254 + she stock, fully 10@15c lower; vealers, bulk butcher cows and @7.75; canners and cut- ters, $2.35@3.75; bologna bull: $4.25@4.50; practical veal top, $8.50. MARKET Sheep—Receipts, 5,000; moderately active, steady to strong; spots 25c higher on spring lambs; Wulk Idaho springers, . ibe hee 75; $16.00@ 16.2: natives, fed lambs, $12.75@ ; Nght and handy weight ewes, Grass Greek light -s--------.. $8. er 50. Gra. Creek, heavy -.-.... .90 Greybull -.+--++.~----.-.---. DENVER, ‘Torchlight --.---..--~-.-~.. Mk Basin -.. Rock Creek Salt Creek -. Big Muddy -~~.......... Mule Creek the Sin-| Hamilton Dome - Ferris .. Byron is| creamery extras, 38%c; formations Bunburst .~..--.-n- een ene eee CHICAGO, June 6.—Butter, lowe standard desirable 200 mostly $6.75 run mostly $15.00, with unchanged. ment of Agriculture.) ~Hogs—Re. celpts, 450; few early sales, steady: dium ‘cows, $5.35; strictly good 706 pound heifers, $8.26; few light me- Bheep—Recelpts, 1,260; flat; one load 72 pound Idaho spring lambs, around steady. SUGAR June 6.—(U. 8. Depart- to 230 pound averages. to’ $6.85; top, $6.85; few packing sows, $6. Cattle—Receipt southerns; steady; me. 8.25 to $9.50; 86 out at $12.00; looks (ance Bran, $17.00@18.00, Heavy Selling Develops On| foi back to 2%$ per cent. prices turned reactionary today as| industrials and specialties. “Soo” | season; which is expected to open & wave of short selling engilfed| preferred broke four points to 60,{senerally some time next month. Sets New Mark For. many representative shares. An|® new minimum for the year, and 4 early advance in public utility and| Union Bag and Paper also lost three | new clip goes on moderately with| Nine-Hole Course Bee. railroad issues was checked as sell-| points. ‘Chicago and Eastern Iili-] about one third of the clip sold up Jupiter -—--.----—-- .00% .01 jing pressure against industrials|nols, with a rise of three points,|to date. For the most part prices Kinney Coastal .-.... .07% .08% | grew heavier. More than a score of| and Ontario and Biba ig with 1% vor the buyers here also, although Glen Littlefield yesterday after. Lance Creek Royalty. .01% .01% | Stocks, including United States| were numbered amo! Steel, established -new low records | priced railroad shares which ignored | stead: 600,000 shares, The closing was heavy. Prices of}are quiet and Bradford is tnclined | par. The score was made in a NEW YORK, June 6.—Short coy-| rail shares turned downward for]and specially those of Germany are| club professionai and Littlefiel@ ering operations imparted a firm | steel tone to stock prices at the opening} United States Steel broke to the for Sues were Aepressed by increased of-| 4.5 ferings, Buying of the rails ac. celerated by an improvement in‘car a oo eastern group, Central of New Jer-| crpYENNE. Wyo. sey bounding up four points to the Year's best pr southwestern division sourl Pacific preferred and preferred established new 1924 high| vels. A drop of 1%: points in Mar- nd Oil had a retarding influence company and Philadelphia dipping the year’s lowest level. Producers and Refiners and Pan-American “B" | Of $2.5 Reactionary tendencies of the oll shares wore accentuated by the sec- ond reduction In Midcontinent erude Oil Lease Case issues breaking to the year's lowest lev almost 86 points and the standard olls suffered moderate recessions. Bear elements encouraged by the lack of resistance to selling pressure| WASHINGTON, June 6,—Owen J. tions to sugar and chemical stocks| oil counsel, left Wakhington last and a variety of specialties. Ameri-| night for Denver where he will take can Sugar preferred broke four | depositions to be placed before the points and South Porto Rican and|grand,jury here, Later he will go Cuba Cane preferred were ham-|to El Paso for the same purp Mered down as a result of the weak-| He expects to return here in about ness of raw and refined prices, Low | ten days and meantime presentation priced rail shares, tained a strong tone, several issues continued Grain :: Livestock :: All Markets best prices. Irregularity aevelins’ 9 “ in the public utility section as West ¥ Bern Peril om ool ean Dull in Boston Market while American Waterworks 6 per cent preferred and International Telephone jumped about four points, each to new 1924 highs. Call money opened at 2% per cent, and then BOSTON, June 6.—The Commer-;and deliveries from Bradford to celal Bulletin will say tomorrow: Germany are being withheld. “In the west the movement of the is the low] Texas fine wools have kept fairly|moon broke the Municipal Golf course record for nine holes when “The foreign markets generally |he shot the course in 36, ore under the year. Sales approximated | the selling elsewhere. the first time this week and thej}to ease a bit. Continental finances| Match with Aleck McCafferty, the in @ parlous state at the moment| completed the last nine holes in 40, giving him a 76 for the 18 holes. Fr. Hamilton holds the course record for 18 holes made last fall in SILVER tournament play when he shot two 81's for a score of 74. behest NEW YORK, June 6.—Bar ailver, WANTED—Clean Cotton Rags at 67%; Mexican dollars, 61% The Tribune Office. hed group began to give way. year’s lowest price at 94% and ate, losing, 3; offered at 2% last loan, 2%; call loans against We Offer and Unreservedly Recommend for Safe railroad and public utility shares| acceptances, 244; time loans, eas{er; Investment the Unsold Portion of $58,000.00 ged ahead while industrial Js-| mixed collateral, 60-90 days, 3%@4 $175,000 months, 4@4%; prime commer. (Entire Issue) SMITH-TURNER ‘ : 7 Per Cent First Mortgage Real Estate Gold Bonds me Dated December 1, 1923 Denomination, $1,000 ding, was most effective in the State Royalties, . June 6.—In- come of the Wyoming State Land office from ofl and gas royalties umounted in March to $136,881 |in the month of April to $136,869.5 and in the month of May to $164 881.49. If the March-April-May av- erage 1s maintained in receipts of the office during the next nine months, {ts record of annual re celpts will be within a few dollars 100, u the ofl shares Cosden, Texas eded about a point, but Pi Preferred advanced 144 points. Due serially each six moriths between December, 1924 and December, 1928. Interest payable semi-annually on June 1 and December 1. PRICE PAR AND INTEREST Descriptive Letter on Request A. H. STEWART, ¥ West Hotel, Casper THE FRANK C. EVANS, COMPANY First National Bank Bldg., Denver, Colo. prices within a month, many els. Atlantic Refining dropped Taken in West this group, extended their opera-| Roberts of the government's special however main-|of the government's case will be here by Atlee Pomerene, WE ARE OFFERING EVERY ARTICLE OF MERCHANDISE IN THE STORE SPECIAL FOR SATURDAY AT RIDICULOUSLY CUT PRICES SEE THE BIG CUTS ON SUITS ATHLETIC UNION SUITS Good quality, full cut. Regular 95c values. Spe- 5c cial - Wi KHAKI PANTS $1.95 values, 1 45 Special POE Ag: P STRAW HATS Our line of Straw. Hats =|. complete. Priced from_ DRESS SHIRTS With and without Collars. $1.50 values. Special____ C aia MEN’S SOCKS Black and brown. Regular 220 weight... Full cut, he 25¢ values. Special—2 for C back. Very special 150 LIGHT-WEIGHT CAPS, values up to $2.50 . 95c and $1.25 240 South 240 South Center St. Center St