Casper Daily Tribune Newspaper, July 11, 1924, Page 9

FRIDAY, JULY 11, 1924. Oil Finance STRENGTH IN WOOL TRADE INCREASING Prices for Grease Wool Average Two Cents Higher in Boston Market, Commercial BOSTON, July 11.—The Commer- celal Bulletin will say tomorrow: “The h noted during the last two weeks in the American woo} markets has not only persisted but even has further strengthened dur- ng the past week, and quotations on the local market are about two cents & pound dearer in the grease all around, and lonally a bit more, fine wools being especially strongly held. This {s not due to any particu: larly better tone in the goods mar- ket, alt! th there is a better tone there, too, doubtless, in view of the settlement of the several garment makers’ strikes and the general knowledge that the clothing market 4g not too well supplied, “The foreign markets arp atrong- @r, more especially as regards Me- rinos at London, while cross-breds ere hardly changed from the open: ing decline. Foreign primary mar- kets are steady. “Tho new clip is moving steagily in the west and prices show a hard- ening tendency throughout the west. lohair is slow and hardly changed.” The Bulletin will pyblish the fol- lowing quotations tomorrow: Bulletin Will Say Tomonow. Domestic, Ohio and Pennsy!vania fleeces—delaine unwashed 52%453c; half-blood combing 50@51c; %-blood combing »47@48c; %-blood combing Abas dic. san and New York fleeces; unwashed 47@48c; %4-blood uoWwaghed 47@48c; %-blood unwash- ed 45%46c; %-blood unwashed 43 @44c. ‘Wisconsin, Missourl and average New England; W-dlood 45@46c; %- blood 43@440; %-blood 41@42c, | Scoured tae, Texas, fine 12 months $1,25@1.97; fine eight months $1.10@1.12. California northern _ $1.20@1.25; middle county $1.10@1.12; southern $1@1.05, Oregon; eastern No. 1 staple $1.25 @1.28; fine and F, M. combing $1.17 @1:. eastern clothing $1.05@1.0' Valley No. 1, $1.08@1.10. Territory, Montana and simila fine staple choice $1.25@1.30; %- blood combing * $1.15@1.20; %-blood combing 90@ %-blood combing 80@82c, Pulled elaine $1.20@1.25; $1.20@1.25; A supers $1.05@1.10. Mohair, best combing 75@80c; best carding 65@70c. AA Sales of Trust Saving Certificates Suspended WASHINGTON, July 11.--The treasury today ordered suspended all sales of treasury saving certi- ficates and stamps effective July 15. Acting Secretary Winston said the present money market did not war: rant the treasury paying four and one half per cent interest on the saving securities when money may be obtained at much lower interest. Further sale of the certificates, it was announced will be held in abeyance until conditions have changed. Call money was quoted at two per cent in the New York market yesterday and it was re- called at the treasury that the last issye of treasury certificates of in- debtedness was floated at a rate of 2% per cent. The savings certi- ficates bear 4% per cent, compound- ed semi-annually over a period of fiye years, More than $400,000,000 in treas- ury certificates now are outstanding. The first sales—in the form of war saving stamps—were made in 1918, but those have been retired and each subsequent year has seen a new issue. Almost $100,000,000 of the issue of 1924 have been sold. Sale of the certificates was sus- pended in 18 states last February 3 on account of the financial condition in some of the northwest. sections, take money out of areas where banks were falling and conditions generally were regarded as poor. © The savings certificates have in the past formed an important part of the treasury fiscal operations. Late in the war the idea of promot- ing a nation-wide saving was worked and the war savings certi- ficates made their appearance. Through the sale of 25 cent stamps the tressury in 1918, obtained more than $1,000,000,000, and this. mate- rially aided in financing the war. Later the savings certificates suc- ceeded the savings stamps and they become an adjunct to the treasury refunding operations, but their use- fulness has steadily decreased as open money market rates have fallen. Commodity Trade News Flour. KANSAS CITY—One or two flour mills report a slightly better trade in the last week, but on th whole.the market is lower. Buyers are holding off expecting lower “price when new crop wheat begins to move in, volume. . SEATTLE—Seattle mills have ad- “wanced prices on best family patent flour $7.70 to $7.90 a barrel, making a total increase of 60 cents ‘a barrel in the last month. Textiles. {BOSTON-—The Draper Manufac- turing company, making textile ma- chinery, is on a five day a week ba- sis, while the Sanford Textile Mills of Main: ave reduced schedules to three days a week after running full timé for two years. The Amoskeag Mills also are on a» three-day basis, Dry Goods. GHICAGO—Matl order sales from the two large Chicago houses con- tinte at a low level although giving signs of picking up considerably. NEW ORLEANS—No fall ship- ments of dry goods have been made yet in this territory, although last year at this time they were in full ‘ swing. Country merchants are in- disposed to buy anything breed fancy goods without the priv: cancellation. Export trade, hows fg is improving.» Peanuts. FORT WORTH — With prices steady, the Texas peanut belt is fac- ing a prosperous season as a result of recent rains. Acreage is normal and the crop will begin to move to market in thirty to sixty days. ‘ Glass. PITTSBURGH—The glass market is slow, but eteady in all branches and the steady flow of orders indi- distributors are meeting cur- rent requirements through prompt shpiments from factories. Non-Ferrous Metals. JOPLIN. Mo.—Pricés for zinc and Tead ore practically are unchanged in the tri-state field. The Fourth of July cut production for last week almost in half, Many mines are colsed for periods ranging up to three’ months. Released laborers are being absorbed by harvesting and road work. Drugs. MINNEAPOLIS—Municipal auth- orities are planning to use about $5,000 Worth of iodine annually in the city water supply to combat a growing prevalence of goiter, Ported by physicians here. re- Sweet Potatoes. ATLANTA—The Georgia sweet potato growers’- association, a co- bperative marketing organization, has commenced shipping green po- tatoes although the association is Buppored to cure all yams. The first order from New York specified green Potatoes and the buyer agreed to let the association fix the price.. The te is heavy, although two weeks Steel. SEATTLE—Northwest stee} mills making bare plates and structural steel now are working at 50 per cent of capacity with business quiet and prices steady at 2.75 cents for bare and 2.60 cents for plates. YOUNGSTOWN, Ohio The Youngstown Sheet and Tube com- pany has increased operations add. ing the bessemer department and a blast furnace at Heast Youngstown to the active units. Shoes. ST. LOUIS—There has been a marked increase in the demand from Mexico ‘for shoes made in this sec- tion. Leather and paper also are in request there, on. HOUSTON—The reduction in the prices on all grades of Gulf Coast Mexia, Currie, Powell and Ranger ol] by the Humble Of] company did not come as a surprise in view of the continued Increase in of! stocks. | Foreign Exchange NEW YORK, July 11.—Foreigen exchanges, firm. Quotations. in cents Great Britain demand, 485% cables, 436; 60-day bills on bank: 432. France, demand, 502%; cable, 509%; Italy, demand, 426%; cables, 427; Belgium, deman: 453; Germany, demand (per Hon) .23%. Holland, demand, 37.70; Norway, demand, 13.3’ Sweden, demand, Switzerland, demand, 18.1 Spain, demand, 13.2 Greece, demand, 1.72%; Poland, demand, 19%; Czecho-Slovakia, demand, 2.94%; Jugo-Slavia, demand, 1.18; Austria, demand, .0014%; Rumania, demand, 443%; Argentina, demand, 32.6: Brazil, demand, 5; Tokio, demand, 41%; Montreal, 99%. oe 2? Wyoming Motorway 2777? Bond he Casper Daily Cridune Stocks Grain = NEWS AND QUOTATIONS BY LEASED | _New York Stocks Last Gale Alied Soenee & Dye -—--- 1% American American Smelting & Refg —- Sugar ---. Tel. and Te! Tobacco --------— Woolen -.--------- Zinc, Iron and Sm. California Petroleum ~. Canadian Pacific ------------ Central Leather ----—------ Cerro de Pasco ----. ood Chesapeake and Ohio ------- Chicago and Northwestern — Chicago, Mil and St. Paul pfd. Chicago, R. I. and Pac. -. Chile Copper ~~.----+~: Coca Cola .. Colorado Fuel and Iron ~~ Congoleum <-.. Consolidated Gi Corn Products, new -.------- Cosden Oil Crucible Steel Cuba Cane Sugar pfd. Davison Chemical ---. Du Pont de Nemours --~---- 127% Erle -.------ecerenneennen-— 29% Famous Players Lasky -------79% General Asphalt --..~. 42% General Electric ---—~-----= 243% General Motors ------------- 14% Great Northern pfd. .----.-- 63% Gult States St 10% Houston O11 ~. 69% Mllinois Central 108 International Harvester 87% Int. Mer. Marine pfd. ---. 34% Int. Mer. Marine pfd. -----. Int. Tel. and Tel. -—. Invincible Oil Kelly Springfield Tire ~—. Kennecott Copper Louisville and Nashvitle ~ os Mack, Truck -—-. Marland Oil -. Maxwell Motors Middle States Oil -.~-...-. Missour!, Kan. and Tex. -—~ Missourl Pacific pfd. od National Lead -----~-------- New Orleans, Tex. and Mex. New York Central -.-------- N. Y., N. H. and Hartford .. Norfolk and Western ------- Northern Pacific Pacific Oil -------.---------~ Pan American ePtroleum B Republic Iron and Steel ----- Reynolds Tobacco B -----—. Seaboard Air Line -----. Sears Roebuck -.-------. Sinclair. Con.. -~------------= Sloss-Sheffie'd Steel and Iron Southern Pacific ~~. Southern Railway Southern Railway pfd. ~----- Standard. Oll of Cal. -.----.-. Standard Oil of N. J. «. Studebaker Corporation Tobacco Products ~-~-------- Transcontinental Oil ----—-~ Union Pacific United States Rubber -. United States Steel Utah Copper Westinghoure Wlectric Willys Overland Woolworth -. Indiana Nat. Tran . ‘Tran, - Nor. Pipe ---2-— Ohio Olle Prairle Oil - Prairie” Pipe Solar Ref, Sou. Pipe 8. O. Ky, --------- 107 8. O. Neb. ~. 5. O. N. ¥. Vacuum --.-------. 8. P. Ol -.. 8. O. Ind. -.. Grass Creek, heavy ~~... Greybull Torchlight Hamilton Dome ------.—~..- Ferris .1 BYTOD | ooras ince ormercmaion: Notches 2-22 en ence eee, Pilot Butte ~.--.---_._.. Lan CHICAGO, July 11.—Butte: er; creamery extras, 38%c; ards, 89c; extra firsts, 37% @38% firsts, 36@370; seconds, 33@a5c. Ege higher; receipts, 18,034 cases; firsts, 25@25%c; ordinary firsts, 2344@24c; storage pack firsts, 26%. OIL SECURITIES Wyoming Buck Creek --------- Burke Jenene ann nnn- Blackstone Salt Creek Chappell Columbine .,.--------- Central VIPe -mw--e-- 2 Consolidated Royalty-. Cow Glica Domino . weveeeeennee 210 Jupiter ..--~--+---s-- Kinney Coastal ~.-.. Lance Creek Royalty Marine .. Mike Henry 09) Mountain & Guif ---- 1.43 Mountain & Gul --.. 1.83 -| New York Oll ---.--- Royalty & Producers . Sunset -...... Western Exploration — Western Oil Fields .-~ NEW YORK CURB ovost iG Mountain Producers — Glenrock Oil -. Salt Creek Prds. -... Salt ‘Creek Cons. --.. Prairie Of) -_-.. Ohio Ol 60.00 61.00 Mutual ---.. 87 10.00 8. O. Indiana 55.87 56.00 > Chicago be ‘ CHICAGO, July 11.—4U. 8. De- partment of Agriculture.)—Hogs— receipts, 39,000; active; gen- erally 19@15c higher than Thurs: day's best prices, or 10@20c higher than the average; light. lights ad- vanced 15@25c; killing pigs gained 5c; broad demand; weighty butch- ers topped at $7.65; bulk desirable 190+to $25 pound weight, $7.45 to $7.65; better 160 to 180 pound aver- ages, $7.30 to $7.45; good and choice 140 to 150 pound kind, $7.00 to $72: better strong weight killing pig: $6.50 to $6.75; heavyweight, $7.45 medium weight, §7.40 to $7.65; htwelght, $7.05 to $7.60; $6.40 to $7.4! smooth, 5; packing hogs, rough, $6.40 to $6.80; slaughter pigs, $5.75 to $6.75. | Cattle— Receipts, 3,000; active; most killing classes firm to unevenly higher; all interest buying; killing quality generally plain; no choice weighty steers offered; run mostly yearlings and medium grade light- weight steers; yearlin 10@15c higher; bulk, 25c up; yearling heifers showing upturns; top handy weight Steetrs, $10.10; best yearlings, $10.00; numerous loads young steers, mixed steers and heifers, $8.75 to $ grain fed cows in demand at $6.50, upward mostly; grassy cows down: ward to $4.00 and below; bulk can- ners, around $2.75; strong weight cutters, $3.75 and better; several steady with late Thursda: $10.50 to $11.00 to packers; outsiders upward to $11.75; stockers and feders, nominal Sheep — Receipts, 8,000; active; lambs“and yearlings, uneven; strong to 25c higher; bulk fat native lambs, $13.50 to $13.75; westerns, $13.65 to $13.85; few to city butchers, $1 sorting moderate; most cull natives, $9.50; prime fed yearling! $12.25; sheep, owes, $4.25 to $5.75; feeding lambs, steady; by $11.50.to $11.75. Omaha Quotations . duly 11-0. 8. Department of Agriculture.}—Hogs— Receipts 21,000; better grade. butch- ers and light hogs active, 10@l5c higher; unfinished kind and mixed loads slow; bulk 220 to 300 pound butcher $7.00@7.25; top $7.30; 160 to 220 pound weight: $6.75 @7.15; Packing sows mostly $6.20@6.50; smooth grades $6.60@6.70; bulk of all sales $6.50@7.25; average cost Thursday $6.79; weight 254. Cattle—Receipts, 2,100; medium weight steers and yearlings moder- ately active; 10@15c ‘higher; heavies 3 killing quality plain: bulk dry lot steers and yearlin, $7,259. teers $9.85; 5! stock scarce ‘steady; vealers and bulls steady; stockers and feeders nomin- ally steady; bulk corn fed cows and heifers $5.00@7.75; grassers $2.75@ 5.00; canners and cutters $2,003.35; vealers to packers upward to $10.00; bologna bulls $4:50@4.75; heavy beet bulls mostly $4.75@6.25. Sheep—Receipts 4,000; lambs 10@ 1c highe: fat Tange lambs $13.50@ 18.65; few natives $13.00; fed year- lings medium average 96 pounds $9.50; sheep feeders steady. Denver Prices DENVER, Colo., July 11.—4{U. 8. —Receipts 800; very active; generally. 5@10c higher; good and choice 210 to 250 pound loads $6.85@7.00; tew held $7.15; plainer grades $6.75 @f.80; Packing sows steady; mostly $5.3 Pigs scarce; few held fat Kind $5.50. Cattle—Receipts 50; practically nothing on sale; market nominal. Several loads southern stockers duo late in today. Sheep—Receipts 4,400; run through nothing on sale. SILVER NEW YORK, July 11.—Bar silver, 67; Mexiean dollars, 51% eae Flour. MINNEAPOLIS, Minn., July 11.— Ler sneanaed. Roe +. $22,000 9) Tank Car. RAILS SOAR TO NEW RECORDS Some Other Issues Climb In Price But Many Are Depressed NEW YORK, July 11.—Extensive readjustments of speculative ai counts resulted in considerable irre; ularity in today’s stock market. A: renewed demand for the rails sent six issues, including Chesapeake and Ohio, to new 1924 highs. Profit- taking in a number of tho standard industrials failed to halt pool opera- tions in other quarters, public utill- tles again displaying marked rength, Sales approximated 800,000 shares. NEW YORK, July 11.—Stock prices moved within narrow and irregular Umits 2t the opening of to market. Considerable profit- taking was again in evidence, par- ticular); ong tho standard indus- triais and specialties, General Elec tric dropped a point and United States Steel common, Baldwin and Studebaker yielded fractionally. A renewed demand for the public utility stocks checked the decline after the first few minutes of trad- Ing and the general list pointed up- ward again, American Water Works common advanced six points, West Pennsylvania Power 4%, United Railways Investment preferred 2 and Montana Power, Davison Chem- ical and Pere Marquette moved up 1 to 1%. During the initial re- action, American Water Works, six per cent preferred dropped 2 points, Northern Pacific 1% and Daniel Boone Mills 1, the last named touch- ing a new 1924 low at 15. Foreign exchanges opened firm. Further irregularity developed be- fore noon. Another wave of profit- taking in American Water Works common sent it down five points from its early high. Several other public utilities mounted to new max- imum prices for the year, including Consolidated Gas, Brooklyn Union Gas, North American preferred and Montana Power. Standard indus- trials barely held their own but good buying was noted in American Lin- seed common and preferred, Inter- national Paper, Wnited States fridus. trial Alcohol, Dupont and Union American Sumatra To- baceo common and preferred and Munsing-Wear fell back 1 to 3 points to new low prices for the year, Rails moved a point or so either way in reflection of the mixed nature in the Jnne earnings report. Call money opened at 2 per cent. In line with the recent practice of bidding up special stocks when the upward movement showed signs of, petering out, the coalers were given a whirl upward after mid-day with the Eries and Chesapeake and Ohio climbing to new high prices for the year. -The Wilson and com- pany shares, American Locomotive, Baldwin, Davison Chemical, West- Union and Virginia Railway iso moved up fast. The closing was irregular. Active short covering in the late afternoon hada stabilizing influence on prices. Manhattan Electrical Supply ex- tended its gain to 4 points and Davison Chemical 3%. POTATOES CHICAGO, July 11.—Potatoes, trading fair, market about steady on barrels, weak on sacks; receipts cobbiers $1.70@1,90; few $2.00; Mis- souri scked early Ohio and cobblers, $1.60@1.90, according to condition; Illinois sacked early Ohios, $1.75@ 2.00; Virgina cobblers* $4.00@4.10. ————— | MONEY NEW YORK, July 11.—Call money steady; high 2; low 2; ruling rate 2; closing bid 2; offered at 2%4; last loan call ]éans against acceptances 114; time loans easy; mixed collateral 60- 90 days 2%@3; 4-6 months 3@3% prime commercial paper 34 @3%. see bl A ate, NEW YORK, July 11.—A better demand was noted for refined sugar at the previous range of $6.70 to $6.90 for fine granulated. Refined futures were nominal. Sugar futures closed steady; proximate sales 33,000 tons. July $3, September $3.45 De- cember $3.41; March $3.22, ap PAGE NINE Livestock :: All Markets CANADIAN NEWs BOOSTS WHEAT Further Gains Recorded In Trading On Chicago Exchange CHICAGO, July 11.—Wheat scored an early advance in price today ow- ing to continued dry hot weather over the Canadian northwest. Ac- cording to crop authorities ‘here, the probable yield tn Canada has been reduced 30,000,000 bushels since July 1, and each day without general rain is curtailing the Canadian crop sev- eral million bushels. Europeans were good buyers here and at Winnipeg. Chicago opening pri¢es which ranged from % to 1%c higher, September $1.16 to 1.16%, and December $1.19 to 1.19% were followed by a mod: erate reaction and then by fresh up- turns. Subsequently, a Canadian govern. ment report suggesting that the 1924 crop in Canada would be 143,- 000,000 bushels less than was har- vested last year, had a further bull- ish influence. The close was un- settled, le to %c net higher, September, $1.16% and December, $1.19@1.19% to $1.19%. Hot weather favoring corn growth eased the new crop deliveries of corn, but old crop months showed strength. After opening at %c lower to 3-8c advance, the corn market fluctu- ated nervously within a range of one cent, Later with receipts small, an urg- ent demand for old crop deliveries forced July and September sharply upgrade and both months sold at a new high price record for the sea: son. The close was firm at the same as yesterday's finish to 3%c higher, July, $1.04% to 1.04% and September, 98%. Oats lacked support. Starting at 1-80 off to 1-4c up, September 44% to 44%c, the market underwent a general sag. In line with hog values, the pro- vision market was firmer. Open High Low Close 116% 1.16% 1.15% 1.16% 1.16 1.16% 1.15% 1.16% 119 1.19% 1.18% 1.19 1.01% 1 oan 1.01% 1.04% %, ‘ 4 ‘sen 53% ABM ATM July Sept. Dec LARD: July Sept. Nov, ----11.95 RIBS: 11.72 11.92 12.10 10.17 10.35 10.57 11.00 11.15 Cash Grains and CHICAGO, July 11.—Wheat, No. 2 hard, $1.18%@1.24%; No. 3 hard, $1.16% @1.16% Corn, No. 2 mixed, $1.06; No. 2 yellow, $1.09%@1.11. No. 2 white, 55%4@67c; 3 white, 54% @5é6c. Rye, tinrothy seed, $6.00@8.00;" clover * seed, $11.00@19.50. 3 gibs, $10.25; bellies, || LIBERTY BONDS NEW YORK, July bonds closed. 2%s, $101.13; second 4s, first 4%s, 101.31; second 4%s, 101.11; third 4%s, 102.6; fourth 4%s, 102.2. United States government 4 104.22, | METALS NEW YORK, July 11}+—-Copper steady, electrolytic spot and futures 12 3-8, Tin, firm; spot and nearby $44.12; ‘utures $44.25. Iron, irregular; No, 2 $18.50@19.00. Lead, stead; Zine, steady and futures $ 11.—TAberty 101.7; southern spot $7.00. NEW YORK, July 11.—Cotton spot steady; middling, $20.65. | BUSINESS BRIEFS Department of Agriculture.)—Hogs l PITTSBURGH.—Perliaps the most encouraging sign in the steel indus- try is the lessening tendency of buy- ers to take on stocks. The steel mills are not encouraging buyers to stock up heavily as even they do. not be- Heve it advisable. The price situation to date shows no definite change. Reports for quo- tations less than $21 on Bessemer were not borne out’at Pittsburgh mills, which continue to quote 2.15¢ on bars, shapes and plates, $2.90 per gek on nails, $ on plain wire and $5.50 a box on tin plate. Can compan- jes are said to have specified about 60 per cent of their wants for the third quarter on tin plate. ST. LOUIS.—/Towboats service which began this month between Stoux City, Ia., and Nebraska City, Neb., later will connect with the gov- ernment barge line to lower Missis- sippi points. Farm products and cat- tle are expected to form the bulk of the shipments. Wheat shipments by-barge service to New Orleans have been reduced, owing to the Galveston export requirements. DETROIT. — Industria! employ ment here last week fell off 5,207 to a total of 196,494. This compares with 222,000 a year ago and Is 45,000 off from this year's high. The de- crtase is attributed to the closing for inventory of several plants. More are expected to close for the same purpose in the next two weeks. MINNEAPOLIS.— The betterment of conditions in the northwest is indicated here by an increase of $7,500,000 in demand deposits in the banks in the last six weeks and a decrease of $5,000,000 in loans, No. 2 81%c; barley, 74@838c; |} Czechoslovak Rep., 80 Ctis. Dominion of Canada, 5s, 195 French Republic, 7148 -. Japanewe ds .. Kingdom of Belgiu: Kingdom of Norway, ae of Chile, 8, 1944 ~-..-__.__.. Of Wuegnsiund, 6a .... ue. of G. B. & I, 54s, 37 -.. ugar, American Tel, OCol., tr. & Anaconda Copper 7s, 1938 Anavonca Copper 68, 1: At, T. and San Fe. gen. 4a --— Balumore and Ohio, cv., 4%s Bethlehem Steei con., 6s, Canadian Serica A ...--------—- ---- Pacitic deb., 48 ~——--..---—----------= A--—------ Chicago, Burlington and Quincy ret., Chicago, MUwaukee and &t. Paul cv.. A--.. Northern Pacitio ref. 6s B Northwestern Bell Tel., Pacific Gas and Hlectrio 5s .. Penn. R. KR. gen.. Sinclair Com. OiL, col. Southern Pacific cv,, 4s Union Parific firat 4a . Western Union 648 ~-.~-~--..--. Westinghouse Blectric 18 Wilson and Co., cv., 6s HOT DISPUTE PAVES WAY FOR SEIZURE OF MOONSHINE PLANT CHEYENNE, Wyo., July 11. — While Albert McKifinon and Pat Walsh were hotly arguing concern: ing ownership of a dollar and a half according to the. police version of what took place, officers, taking ad- vantage of their distraction, entered their home at 1112 Pebrican street and discovered a still arid a quantity 18 = == of whisky. McKinnon and Walsh, falso one Bill Clark, were arrested on charges of violation of the liquor law. poet Ea tS Flax. DULUTH, Minn., July 11—Close clax: July, $2.45; Sept., $2.18%4; De- cember, $2.14%. oo MOSCOW, July 11.—The death sentences returned @ month aga against Nicho! and M. Tshardyntaoff, directors of the state textile turst, after conviction of cor- ruption, have been commuted to ten years imprisonment in strict isola- tion by the central executive commit- tee of the government, ee For results try a Tribune Clas sified Ad. AIN’)Y BUSTED—NEVER HAD A FIRE— NOT GOING OUT OF BUSINESS— Alive and Growing Fast FOR GREATER VALUES TRY THE FAD SALE OF MEN’S AND YOUNG MEN’S SUITS Dependable all wool fabrics, tailored in pop- ular styles, fine wor- steds, cassimeres and serges, some have two pants; wonderful values $19.50 924.75 Sale of Men’s Dress Hats —popular styles each — 55 Men’s Straws and Pana- mas—-away they go at $1, $1.75 to $2.95. Men’s Black Crushers.” Bach << $1.00 SALE OF MEN’S FINE SILK SHIRTS Beautiful Crepes, Eng- lish Broadcloths and Fiber Silks; wonderful values at $2.95, $3.95 and $4.95. UNDERWEAR SALE AT THE FAD Fine Cotton Ribbed Union Suits, ecru and white, short sleeves, ankle length, OUR Fe mig) 89c and 95c. Buy It For Less at THE FAD Men’s Dress Trousere— $2.75, $3.95 and $4.95. Men’s Dress Shoes and Oxfords — standard makes, popular styles, solid leather, guaran- teed to wear. OUR PRICES — $2.95, $3.95 and $4.95. Men’s Serviceable Work Shoes—comfortable fit- ting Munson Army Shoes, made of all leather through. and_ through. SALE PRICES — $1.89, $2.45 to $3.95. . Hiking Boots, 14-inch tops, moccasin style, serviceable and comfortable, good values. : $5.95 Ladies’ Pair SALE OF MEN’S ATHLETIC UNDERWEAR Men’s Athletic Union Suits, standard cut elas- tic backs; good values, 48c, 75c¢ and 95c each, EXTRA SPECIAL—One lof samples Men's Union Suits, values at $1 to $3.50, going out at HALF PRICE 98e ‘Work Suits. (sane Macher neues 69e Men’s Fiber Silk Dress Socks, 2 pairs 75e for Men’s Khaki Pants. Pair. LL We Stand Back of Our Goods,Satisfaction or Your Monay Back 220 SOUTH The CENTER ST. FAD AGENTS FOR W. L. DOUGLAS 220 SOUTH CENTER ST. Union Made SHOES