Casper Daily Tribune Newspaper, August 10, 1924, Page 15

SUNDAY, AUGUST 10, 1924. Finance Bonds Che Casper Sunday Cribune : Stocks ee ee Grain PAGE FIVE. Livestock :: All Markets Increased business activity is no- ticeable throughout the state. At the same time there appears to be a new spirit of swelling optimism which has served to put vigor into industry. Conditions vary in dif- ferent sections of Wyoming. Gen- erally speaking, the state is in pro- cess of shaking off its inertia. Fol- lowing are given a number of re- ports coming into the Tribune this week from various parts of Wyom- ing: Livestock, _ KAYCEE (Johnson Coufity)—Live- stock of all kinds in excellent con- dition. Cattle are practically all ready for market and quite a num- ber are to be shipped this month. Many cars have neen ordered for August 15. Sheep on mountain ranges but are to be brought down sooner than usual because of drought of past two months, during wihch time very little rain has fal- len. MANVILLE (Niobrara County).— Cattle are doing very well; range is g00d and well seasoned but will be short for winter. Agriculture, KAYCEE.—Wheat mostly ready for harvest, with some excellent yields on land that has been prop- erly cultivated. The samé is true of oats. Corn so far is doing welt and a rain in the next wek or 10 days will assure an average crop. ‘The firet cutting of hay in all {n the stack, and the second crop coming along nicely. An extra large yield of potatoes is almost a surety since no blight has attacked this vicinity. ‘Vines are in healthy condition. Barly planting was resorted to. Gardens looking okeh; beans and peas now being used. DOUGLAS (Converse County).— Beet Day is planned for August 14. ‘The event will come off at Carey- hurst, home place of the great Carey ranches in central Wy6Ming. Preparations are, being made for a picnic, Officials of the Holly Sugar company wil] be present to explain the + Cultivation, harvesting: and marketing of beets. At this time Robert D. Carey is growing an_excellent acreage of sugar beets and this crop will be used to illus- trate lectures. Beet Day {s thé first organized county movement to in- tensively promote the growing of sugar beets. ‘ GLENROCK (Converse County).— Hail jstones of extraordinary size fell ‘agé ‘to crops growing on the ni side, of the Platte river. .NEWCASTLE (Weston County).— Crop conditions between here and ‘Lusk are very serious due to a long continued drouth. Cattle are re- ported to be subsisting almost wholly on sagebrush, range grasses having been consumed by the burn- ing heat waves. Furthermore, cat- tle are being shipped to market as rapidly as possible in order to avert threatened losa of welght. Harly season and concentrated shipping also applies to hogs which are con- fronted with a shortage of corn, It looks like complete failure for this season's corn crop, LUSK (Niobrara County}—Lack of rainfall during the summer has been decidedly pronounced. Water holes, springs and small streams have been wiped out in the northern part of the county by the long spell of dry weather. Many farmers are find- ing it necessary to haul water long distances for domestic purposes. ‘That crops have been seriously dam- aged, fs freely admitted. The point has, however, not been reached where there is total and general failure. County Agent Mendenhall declares there are scattered fields of rosson rye and kanrad wheat that will show fair yields. The corn crop will amount to practically noth- ing and will force hogs onto the market, even causing the sacrifice of much breeding stock. ‘ RIVERTON. (Fremont County).— All land under No. 1 ditch has been brought into a new organization to be known as the Riverton valley drainage district. The new com- Dany succeeds the Riverton Valley Irrigation company. Approval has been given by the government to a . | (Commodity (Copyright, 1924, Casper Tribune) ‘Tobacco. ATLANTA—South Georgia towns now resemble boom mining camps, with crowds surging in to the bright tobacco auctions. Prices are ranging from eight to elghty cents a pound for bright leaf, with the bulk of transactions ardund 26 cents. Glass. PITTSBURGH — Inquiries for building glass have quickened. There 4g good call for certain grades of window glass. Grain. CHICAGO—The exceptional down- pours which deluged the farms of Wisconsin and northern Illinois re- Aeenily caused thousands of dollars @amage to grains. Wool. PORTLAND, Ore.—Practically the entire 1924 wool clip of Oregon and Washington and northern Idaho now has passed out of the hands of producers, Leading dealers estimate that only 100,000 pounds of wool re- mains to be cleaned up out of a to- tal yield of about 18,000,000 pounds. late sales were around 4) cents a Pound, f Z Wyoming Business and Industrial Survey From. Special Tribune Reports Plan to consolidate the Riverton and LeClair irrigation districts in one organization to be known as the Riv- erton-LeClair irrigation. district. This system is commonly known as ditch No. 2, WELL (Park County).—The Great Western Sugar Beet com- Pany proposes the construction of a spur line of hofseshoe shape cover- ing about six miles of the north end beet country. If put in, it will put nearly every farmer in that district within easy hauling distance of the several beet dumps to be erected. Miscellaneous. KAYCEE.—Several gold _ prospec- tors are now working their claims on Beaver Creek and making good wages. No idle men fn this section, there being general employment at har- vest and in the hay fields. Some extra men now being used in cattle roundups. Salt Creek continues to offer this section an excellent market and farmers are having no trouble in dis- posing of all they can raise. MANVILLE—Retail business is only fair. The outlook at this time is very discouraging. It"is estimat- ed that collections have been reduc- ed from 26 to 50 per cent within the last two Weeks on account of crop conditions. RIVERTON,—The annual tle drive of the Wyoming Tie and Tim- ber company has been completed, with half a million ties cut in the DuNoir ) district and floated 140 miles to Riverton, successfully lodg- ed in the local boom. Thera was about three per cent loss in the drive. The payroll for the season has been more than $200,000. Five cents each for the tles was paid the government. Of the total sum, this county gets 25 per cent for its school and road funds. CODY.—Hearing was held here last week by the state utility board on the rates of tho Shoshone Elec tric Light and Power company. The concern’s president pointed out that earnings for the past six years amounted to a t of $44,760, Ine vestigation was asked by the club and the town of Cody. At this time consideration is being given by municipal executives to the request of the company for renewal of fran- chise, LUSK.—Land owners in Niobrara county will this year benefit by a re- duction in taxes, approximating. 20 per cent, ie ay “Radke. LUSK:—Deposits in the Bank of the’ ot cae reached high peak $117,479.77 at the close of business August 6, The total resources amount to $143,241.34. GREYBULL.—Very little progress toward reorganizing the defunct First State bank here last week re- sulted at a meeting of depositors. A further attempt will be made to line- up enough depositors to refinance the institution, subject to the ap- proval of Byron 8, Ht examiner. GLBENROCK.—F. M. Dumm who has been in charge of the Bank of Glenrock since it closed last Febru- ary, last week was notified by Judge Cc. O. Brown that he had been ap: pointed’ receivér of the bank,, JAY EM.—The Jay Em_ bank which closed when the First Na- tional bank of Cheyenne failed not long ago, reopened for business re- cently. The sams cfficiala hare charge of the institution. LUSK.—Niobrara county was the recipient of a draft for $7,258 last week, that amount being the sum deposited in the Bank of Van Tas: sel] which was closed several weeks ago. The National Surety company of Denver had protected that amount. THERMOPOLIS.—With the | ap- proval of the state bank examiner, the committee in charge of the clos- ed Thermopolis State bank has sub- mitted to depositors a plan by which it believes that every deposi: tor will receiye’100 cents on the dol- lar. : Amoffg those reporting this week were tha First National bank of Manville and the First State bank of Kaysee. Trade News HOUSTON—The condition and progress of the rice crop on the Texas coast is reported good al- though there has been a shortage of moisture. The condition is two per cent less than last year. Dry Goods. SEATTLE—There was a ate increase in dry goods local department stores in the last week. The turn over in some lines was not above that of a year ago, but better response was made to pressure of advertising and special sales, Leather. BOSTON—A local dealer in sheep- skina reported today he had sold more hides this week than in the past four weeks combined. CHICAGO—The hardwood lumber business is showing improvement, with inereased demands which haye brought orders above production for — some grades. ART Cement. SEATTLE—The new power plant of the Puget Sound Power and Light company at Baker River, near here, will require over one million barrela of sement. ‘ule, state bank | Centra: eipe ------2-- 2.90 =.00 NEWS AND QUOTATIONS BY LEASED V New York Lass" toe By Wilson Cramner & Co. Allied Chemical & Dye ~~---. 76 American Can -.---------~--1.25' American Int. Corp. .. 24% American Locomotive --....-. 79% American Smelt, & Ref. ----. 69% American Sugar ...-.-------. 44 American T. & T, -----------12645 American Tobacco American Wodlen Anaconda Copper Atchison — Baldwin Locomotive --.-----118% timore & Ohio --.-—------. 62% la Petroleum --..-.-. 22% Pacific -.--.-------152% Central Ijeather .-.-.-.----. 14 Cerro de Pasco Copper ----.-- 46% Chandler Motors .....-------- 47% 885% 61% 33% 32% 394% 129 27 53) Cuba Cane Sugar, pfd. -----.. 61% BHO 5 wee n-— o-oo nes 38% Famous Players-Lasky General Electric ~ General Motors --..-.-.. Great Northern pfd ..-.----.. 641% Gulf Btates Steel 725 Consolidated Corn Products -.. Cosden Oil International Harvester Int. Mer. Marine pfd. Int, Paper --<.--.---.----. Kelly-Springtiela Tire —. Kennecott. Copper Mack Truck Marland ON -,... Maxwell Motors Middle States Of -... New York Central -. Northern Pacific -.... Paoifie Oli ceccenee 48 Pan American Pet. B ---.. 55 Pure Otl Southern Rajlway Standard Oll of N. Studebaker Corp. Texas Co. Tobaceo Prod. A ‘Transcontinental Of Union Pacific U. 8. Ina. Alcohol United States Rubber United Staten Steel -_ Utah Copper .. Westinghonse Blectric -....-_ 6414 Willys Overland -.. 8% Butte & Superior ---. 16% Colorade Fuél & Iron --.... iy Montana Power weweeennns 6644 National Lead ....-..--.....160% Bid Ask Bessemer «.+-------.- 73 28 Big Indian --...-.- 04 / .04% Boston Wyoming ... 90 93 Buck Creek --... 14 AS Burke | ----ses. 25 27 Black-Stone Salt Crk. .28 30 Chappell - eee 14 AG Columbine — — 09 Consolidated Roy. .. 1.19 1.21 Cow Gulen seen. 03 06 Dpraino |< -eec enn 308 * “SEO Elkhorn onn--seneceee .04 06 HE. T. Williams -.... .30 31 Fargo one ene ne 05 OT Frants -cancenccurenne 6.50 7.09 Gates — 08% 09% Jupiter .---..-.. 09% 01 Kinney Coastal . 07% 08% Lance Creek Roy, 01% 02% Marine -~.----——--- 3.00 3.16 Mike 99% OL Mountain & Gulf ~-..1.35 1.40 New York Ol) ..-...-- 9.00 11. Pleardy 04 1% 0% 4.00 55.00 04% = 05% Sunset — 15% 16% ‘West. Exploration .. 3.25 3.50 Western Oil Fieas -.- 15% 16% Western States ..... 14 15 WyoKane --.-....-. 90 1.09 Y. on egaee, 708 208 NEW YORK CURB CLOSING Mountain Producera Glenrock Oll ~........ Salt Creek Prds. ...... Balt Creek Cons, 8.00 New York Oil -s9..--- 00 11.00 ORO on nemenavenss-~ 61.09 62.00 Ol .--------- 213.00 215.00 Mutual . +.--~.-~..--11.12 11.26 8. O. Indiana ~-...-.--57.87 12 Continental -...-....-. 48% 44 Cumberland weenennnl 43 14a Calena - --------, ~ 58 59 iiinois 249 41% 295 G1% 39 59% 37 --- 59% oo Irvine Test Progress. Test of the Irvine structure in Converse county near Douglas has reached a depth of more than 1,000 feet. The drill is in black shale. The otring of 12%-inch casing will be carried down to 1,200 feet where the 10-inch will start. — vt Seca |/PROFIT-TAKING PUTS DAMPER ON STOCKS NEW YORK, Aug. %—Reaction atributed to . heavy profit-taking marked the course of the week's trading in stocks which closed ‘ir- regularly higher today after in- creased demand for rails, stee} and selected oi! shares had cheekel the downward trend developed in early trading. New record prices for the year were scored by several issues, notably Pullman, Delaware & Hud- son and Canadian Pacific. United States Steel common moved to high- er ground along with National Lead, Gulf States steel, Pan American is- sues, Phillips Petroleum, Allis Chal- mers, U, 8, Cast Iron Pipe and In- ternational Harvester. Great West- ern Sugar broke two points, Sales for the session amounted te about 400,000 shares and the closing was firm. Sterling exchange featured the week's financial developments with a sensational gain of 10 cents to a new high for the year of $4.54%. The movement reflected the effect of news from the allied conference at London, which alsq brought an upturn in other foreign exchanges. French bonds scored a substantial gain and a new high for the year. Inability of the market to absorb the profit-taking activities of trad- ers brought irregular declines throughout the week. Trade news was mixed with reports of larger car loadings in the west but a falling off in June earnings of the eastern railroads. Oils were depressed by’ publication of unfavorable produc- tion statistics. The steel market recelved wide support in heavy buying by Japa- nese interests, the Nippon Oil com- pany being credited with a large order placed with a subsidiary of United States steel. A brisk advance in bond prices marked announcement of another reduction to 3 per cent fn the local federal reserve ré-discount rate, Corn Features Trading on - Chicago Grain Market CHICAGO, Aug. 9.—Prospects of ®& marked increase in the visible supply through heavy reeeipts at main terminals and lack of bullish reports from the crop regions of the northwest encouraged a weakening of the demand for wheat during today’s brief session of the exchange here. Corn likewise failed to score more than a fractional advance, prices declining when selling — en- larged on an early bulge. Septem- ber wheat closed at $1,28% and De- cember at $1.32}, while September corn was steady at $1.14% and De- cember closed at $1.04% The sensation of the week jn the grain market was furnished by corn, attributed largely to govern: ment figures pointing to smaller production that private estimates had forecast. Record-breaking ad- vances were scored. Anticipation of ‘orable showing in the govern- ment’s report. on wheat caused this grain to ease down in price, Pro+ visions derived strength from the upward trend of the corn market. Today's range of grain and pro- vision prices follow: Open High Low Close WHEAT— 3 1.28% 1.29% 1.33% 1.88% 1.27% 1.31% 1.36% 114 1.04% 1.04% 116% 1.06 1.06% 49% 49% 51% «.B2 54% 4H 13.65, 13.65 13.72 14.72 13.80 12.40 12.40 Oct. fe 12.42 BELLIES— Sept ----.- 13.35 Oct. .-----18.50 18.50: 18.47 13.47 New York Taxicab Rates Reduced to 20 Cents Mile By J. C. ROYLE (Copyright, 1924, Casper Tribune) NEW YORK, Aug. 9.—New York has developed taxicabitis and the epidemic bids fair to spread to oth- er cities. The first symptoms made their appearance at the same time the larger number of taxicab com- panies and operators reduced their charges to 20 cents a mile. Opinions of taxicab men differ widely as to whether the reduction in fares has been profitable so far as cash re- celpts are concerned, but all agreé that undoubtedly it has stimulated the ‘riding habit.” During the recent hot spell, swel- tering citizens unable to obtain com- fort in their homes have spent hours at night riding about the parks and streets in a cab-created breeze. A constant string of taximeters have lined the roads to the Long Island beaches and the road to Coney Island has been congested with cab riders since the hot spell began. Resorts 20 and 30 miles from New York now are visited constantly by taxi parties who find that the cab fares for a party of five or more amount to little more than reg- ular railroad fares. Much of the effect of the reduced rates, however, is psychological. Everyman’s By GEORGE T. HUGHES. (Copyright, 1924, by Consolidated Press Association.) Rallroad Applying the rule that investment in a security should be preceded by @ study of the industry concerned, Prospective buyers of railroad stocks or bonds will do well to begin with the traffic.statistics. , The most important of these is the weekly report of car loadings which shows the amount of freight the railroads are carrying elassified under different heads. This in the fundamental index figure of railroad Progress. Warnings depend largely upon freight; passenger receipts are comparatively unimportant, Pas- senger traffic, incidentally, has been eat into by the motor car much more severely than freight. These car loadings reports cover the country a a whole and #0 give some indication of the volume of business, Next comes the individual earnings statement of tho various toads reported monthly. ‘These are uniformly prepared under regula- tions prescribed by the Interstate Commerce commission and show how gross and net earnings com- pare with those of the preceding year. Both the gross and the net are important. In a general way an increase in either is a good sign. If both shows increases it is better yet. ‘There ts, however, nothing in- fallible about these figures as a guide to the fnanelal position of the roads concerned, You have to look back to the year before and see under what conditions the road was operating at that time to make the comparison significant, It might be that there was a particularly For short hauls; the new rates effect @ comparatively slight saving, but the idea of “bargain” rides undoubt- edly boosts the patronage tremend- ously. Signs announce the “20 cents a mile” in large letters, Many wo- men, enticed into high rate cabs by such signs immediately called police- men and the signs soon disappeared. ‘The question of maintaining the lower rates still is being vigorously debated. Some companies declare that the low rate has cut idle cruis- ing tim from 50 to 60 per cent with consequent betterment of receipts. One company has decided to make the rate 20 cents for the first half mile and 10 cents for each half mile thereafter and some still stick the 80 cent rate. The drivers, themselves, however, Seem generally opposed to the re- duced rate, One man who owns his own cab sald tdday.he could see no profit in the new rates. A reduction in tips is also reported. The increase in the “riding habit" in New York has been sufficiently impressive to bring about deep con- sideration among taxicab operators in oo. cities concerning similar reductions, Investment | heavy rush of traffic twelve months ago due to some temporary cause. If coal production, for instance had just been resumed after a strike there might be a large increase in earnings from this source which would be abnormal and so make the comparison unfair. Increases in net income are not always conclusive either, Much de- pends upon the amount spent for maintenance, this figure varying over a considerable range. Hoven more care is to be taken tn the inferences to be drawn from the earnings statement as to the investment status of the stocks or thé bonds. The results of one year neither make or unmake investment Standing. A road with a long rec- ord of continuous dividend paying, with conservative management and with large accumulated surplus can stand a year or two of unfavorable operations before its securities are removed from the investment class. In the same way a weak road with an irregular dividend record and a small surplus or none at all docs nat jump into the investment class because of a few months of good earning! These monthly statements simply Indieate the trend. They ought to be carefully, watched by those inter ested in rallroad securities but it will not do to jump at conciustons. There is no mystic formula by which financial problems can be solved. It is all a matter of detail study backed by experience and common sense. to (60 ae For results try a Tribune Clas sified Aa, BILLION ADDED TO FARM BUYING POWER Roger W. Babson Estimates Effect of Recent Price \Increasges in BABSON PARK, Mass., Aug. 9.— Recent rises in thé prices of farm Products have bee@ discussed much as to their economic and political et- fect. Many have wondered just how much of this increase would actual- fy get to the farmers who produce these crops. Roger W. Babson's first estimate of increas@ in the farmers’ purchasing powers made Public today !s, therefore, of un- usual interest. “It is difficult to get exact fig- ures on what the farmer receives for his crop,” says the Statistician, “pecause of differences in locality, freight rates, and time of actual marketing. A reliable estimate can, however, be made by applying the recent increases to the actual prices being paid to farmers this last spring. Corn for instance was net- ting the farmer around 74 per cent a bushel in January of this year. Cotton brought the grower about 28 cents per pound in March. While wheat was selling from 95c to 96¢ in the middle of April, These dates represent approximate lows since the beginning of 1924. “Corn has since seen a rise of 48 per cent, cotton an increase of 27 per cent and wheat has advanced ap- proximately 30 per cent. The latest crop estimates by the. government forecast a corn crop of 2,515,000,- 000 bushels; a cotton crop of 11,984, 000 bales and a wheat production of 740,000,000 bushels. Corn grow- ers are now receiving over $1.00 in- stead of the 74c a bushel prevailing earlier in the year and on this ex- pected production their purchasing power 18 thereby increased over $650,000,000, Much corn ts of course fed to hogs and not marketed dlrect- ly. Hog prices have also risen about 40 per cent so that the advantage holds either way. Cotton planters are getting around 30 cetits Instead of 27.7 cents per pound and there- 9|by profit to the extent of more than $135,000,000. The wheat farmer who has certainly had his troubles these last few years is receiving $1.20 in- stead of 96 cents and on the basis of government estimate his political purchasing power {8 increased by $175,000,000. On these three crops alone the recent strengthening in prices has added $960,000,000 to the purchasing power of the farmers. “It we compare these crop esti- mates with the actual crop harvest- ed last year we find a decerase of 17 per cent in the probable produc- tion of corn despite larger acreage. The price rise offsets this shrinkage, however, and leaves the corn farmer with an income at least equal to a year ago. Present forecasts on the cotton crop meantime indicate a yield 18 per cent ahead of last year. The south will not only recefve a high price per pound, if present prices continue, but will Com, Cotton and Wheat on Nation’s Exchanges. most one-fifth again as much cotton to sell. Wheat estimates at presen: Indicate a shrinkage of 5 per cent in production as compared with 1923 but the present rate of price increase should rapidly offset this discrep- ancy, The total income of wheat farmer should be between 25 per cent anl 60 per cent greater than last year. Continued drought and the possibilities of early frost may out into these expected yields but such losses in volume should be compensated for by increased prices. “The political significance of this increase in prosperity has already been commented upon. If the trend holds until election then the Third party should fare poorly. Unrest and. radicalism have a way of evap- orating {n the sunshine of increased prosperity, “The .agricultural sections them- selves are already benefiting mate rially, Frozen credits carried by country banks are being lMquidated and farm buying 1s increasing both with local merchants and with mail order houses. Great permanent ben- efit will result if the farmer con- tinues to follow his present policy which serves to tend toward paying his debts, buying much needed equipment instead of the reckless spending and land speculation that characterized his last season of pros- perity. “This welcome readjustment fn farm prices has been long overdue,” coneluded Mr. Babson, “‘and it is hoped ‘that the general level of agri- cultural prices and industrial com- modity prices may come into even closer relationship. It is only on the basis of equitable purchasing power for all sections and classes that any real or lasting prosperity can be built, “General business as reflected on the Babsonchart has not yet felt the advantage of this more even ad: justment. Activity Js now 12 per cent below normal, the same as a week ago.” { oo ST. LOUIS, Aug. 9. — Delegates here for the convention of the Amer- joan Retailers’ association are opti- mistic oyer the outlook for fall trade and expect further improvement during the autumn. The encouraging features, they say, are the easiness of money, high grafn prices, the checking of over-production In many lines and the low stocks now held by merchants, In th section, production in have al- many lines is below consumption. Let a Savings Aecount Start Your Success CRUDE MARKET Cat Creek ~-----------~-------$145 Lance Creek wommingeneennen= 1.40 Osage --------------—--~-----~ 1.40 Grass Creek, light ---—----- 1.45 Grass Creek, heavy -. 2 Greybul) -—-<L---wenenere—evene 108 Torchlight [-----.----- Elk Basin Pasar mans Rock Creek Salt Creek - Big Muddy ~ Mule Creek — Sunburst Hamilton Dome Ferris Byron --- Notches . Pilot Butte Lander Alki! Dome Test. Drilling will start sometime this fall on the Alkil! Dome structure, Big Horn county, according ta word brought to Lovell by Osman Ewing of Salt Lake City, who ig president of the Westland Of! company. Equipment is being collected pre- paratory to erecting a rig. Victor Cotner will have charge of the drill- ing for the conipany. Shaw Well Abandoned. The Thomas R. Shaw well on Off Creek, Holst ranch in Weston coun- ty, is being abandoned, The rig and machinery will be shipped to Colo- rado. Crook County Scouting. Oklahoma geologists are reported to have been looking over pil and gas prospects in Crook county. Es- pecial attention was given the Buttes district. Moving Drilling Outfit. George Book, Newcastle oil operas tor, is moving equipment and ma- chinery to a lease near the L. A K ranch, Weston county, where drill- ing will be started at once, Oil Showings DI Considerable excitement ts report+ ed near Oriva station, ten miles west of Gillette, Campbell county, by the discovery of oll in a water well, A well wae recently being driled on the J, J. Videtto ranch. A hard formation was encountered six feet below the surface and this con. tinued down for about 40: feet when water bearing a large oll content was struck. ae Holland bas nearly 1,000 miles of canals. [| BUSINESS BRIEFS Tho steel mills report better busi- ness and expansion of operations is forecast. Dry goods ordera are on the increat CLEVELAND, Aug. 9.—Cleveland meta! firms have asked a reduction in freight rates from 30 to 21 cents a hundred pounds on metal manu- factures from Cleveland to Atlantic ports, claiming German competition makes it difficult to sell in Burope and Cuba under handleap of the higher rate. Alexander Hamilton, first Secretary of the Treasury of our country and one of the signers of the Declaration of Independence—spoke wisely when he said the above. It’s one of the principles for a successful Savings Account. It is one of the pillars upon which riches are built. It marks the start of every great fortune in this country, And a Savings Account in this strong Bank is an assur- ance for the future. You may start with one dollar and follow it up with consistent deposits. You'll be surprised at its growth when combined with the interest we give. 35 Years’ of Service, May We Serve You The Casper National Bank