Casper Daily Tribune Newspaper, August 13, 1924, Page 7

(Copyright, 1924, Casper Tribune) Livestock ~ VERNON, Texas—The high mark of the year for two years old steers was reached here last week when $5 @ head was paid for 500 animals to be delivered at once at Crowell for transfer to feed lots. Grain. CHICAGO—The corn cryp of Iill- nols, i# estimated for 1924 at 282, 590,00 Obushéls, compared with 237.- 312,000 bushels in 1923. Although showing improvement the past few weeks, a fair yield is sti!l dependent upon favorable fall weather because of lateness of the stand. Leather. PHILADELPHIA— The leather trade is picking up and shoe manu- facturers are finding a special call for black and brown shoes of géat leather. Silk. SEATTLE—Fitty-eight hundred bales of raw silk, valued at $4,000,- 000 are due here Wednesday from Japan and will be transferred to New York in express trains at once, Sugar. NEW YORK—Cables from abroad indicate the European sugar beet crop is maturing under most favor- able conditions, English refiners have cut prices on granulated to sugars. By GEORGE T. HUGHES. (Copyright, 1924, by Consolidated Presa Association.) Rate of Return. A good many people make the mistake in selecting an investment of considering first of all the rate of return, This 1s, of course, im- portant. Every one wants to get as much as he can for his money. But it should not be the fret point to be looked into, specially is this the case with stock ‘invest- ments, although it applies to bonds also. few stocks do not’ sell primarily on the present yleld baste. -Thé only exceptions to this rule are high grade preferred issues the dividend on which is limited to a fixed sum. The market price of common stocks, however, is governed by expectation of the future and the more specu- lative the stock the more sure is this to be the case, Sd \when you: find a common stock selling to give an income return out of line with the rest of the market ‘it is a sign that there is some condition affect- ing either he Industry represent or that particular security which de- mands examination. As a rule a high yield is a danger signal. In the same way when you find ex. meet cheap offerings of American | cessive heat which has driven shop- Eve ’3 Investment ryman WEDNESDAY, AUGUST 13, 1924. Fiour. ST. LOUIS—Shipments of flour from St. Louis in July totaled 440,- 800 barrels, as compared with 887,- 000 barrels in July 1923, Textiles, LEWISTON, Me.—The Fill Man- ufacturing company plants here, which have been cn @ four-day a Week schedule, have been put on full time until further notice. Cement. FORT WORTH—Unusual paving Programs have been launched by a dozen’ Texas counties where crop money is a bundant. Jacksonville, Tyler, Palestine and Crockett are tnviting bids on large contracts, Fruit. WENATCHEE, I!l.—-A few gmail contracts have been made here for shipment of selected apples for Ha- vang and Manila next fall. Steel. PITTSBURGH—Heavy scrap is moderately active in this market, but the more or less sensational spurt taken a few weeks ago when quotations rose did not continue. Sheet mill operations here show a moderate increase, having advanced to over 50 per cent of capacity. Dry Goods. ATLANTA~—Rotail business here js at a low ebb because of thi pers from the streets. & stock selling to give a very small return {t fs an indication that pur- chasers expect some as yet unreal. ized benefit. This may be an in- crease in the dividend rate, u stock dividend distribution, ur somo ‘other favorable developmont. As a result of this “discounting” {t often hap- pens that when the dividend rate is raised or the other good news comes to pass the stock Imstead of gdvanc- ing actually declines, In the same fashion after the M@vidend on the stock which has been selling sus- piciously low is passed the al instead of golng down go,up. From an investment standpoint one of the best recommendations is sound dividend paying common stock can have is market stability. Speculators make their profits cr incur their losses by fluctuations’ in prices. If then you are in a posi- tion to take the business risk which goes with all investm stock the conservative course is, to select one ich gives neither an excessively high nor an excessively low return on the money invested ed | but rather a good average yield, not too muah above that afforded by a bond of the same grade and a stock subject to a minimum of market fluctuation, BUSINESS BRIEFS Buying Good SEATTLE, Aug. 18—There ts @ broad inquiry for all northwestern products from foreign sources at present. This is attributed, in large part, to belief in Europe in the eventual successful operation of the Dawes plan. This ae S iS lally noticeable in w » OD) ana eared fruits. Eleven steam: ships now are under charter to car- ry 70,000 tons of new crop wheat from Puget Sound and. Columbia river ports and from Vancouver, in the next three months. Exporters are also reserving cold storage space on Puget Sound plers for foreign pound fruit shipments. Canned Alaska red salmon’ has advanced 40 cents a case to the highest point of the year on a reported shortage of $00,000 cases in the northern pack, Canneries there will close a month earlier than usual, English buying has been active. Labor Conditions on Mend CHICAGO, Aug: 13.—Although re porting that 30,000 more men were out of employment during July than in June, with factory operations down to the level of the depression “period in October, 1921, the Illinois department ‘of labor looks~ for con- ditions to pick up. The agricultural outlook holds the hepe for imprve- ment. Employment declines in July were the most severe of any month of the present decline in manufac: turing. Banking Troubles Passing TOPEKA, Aug. 13.—"We will not have many more banking troubles in Kansas,” A. R. Wallace, presi- dent of the Kansas Bankers’ Asso- ciation said today. “General con- ditions have improved. immensely; I can namie a number of banks which were embafrassed that have been able to clean up everything and. mow are easy as a result of good crops and better farm product prices.” Industrial Improvement CLEVELAND, Aug. 13.—Indus- trial improvement indicated by a recent survey leads to the belief that the low point. of employment here has been passed. Of one hun- dred large plants, 21 expect to in- crease their pay rools while only eight will cut their forces. Germany Buys Silver. Germany has purchased 4,000,000 ounces of silver from American pro: dueers for coinage purposes, it was announced today. This is the second large purchase of silver by European governments within a few weeks. Po- land recently, having brought 6,400,- 00 ounces, The American com- panies participating in the sales are the American Smelting and Refin- ing company, the United States Smelting Refining and Mining com- pany, the Anaconda Copper Mining company and the American Metal company. ——_~. (Continued from Page’ Ons.) tinue to count upon utilizing the port of Angmagsalik as their base on the east coast of Greenland, in which the presence of considerable fee was reported today, it was an- nounced by Lieutenant Lowell H. Smith, the flight commander, after a conference with Rear Admiral Thomas P. Magruder on the cruiser Richmond. Meanwhile the filers will await here more favorable’weather and jee conditions at the Greenland base, METALS NEW YORK, Aug. 18.—Copper, firm; electrolytic, spot and futures, 13%c. Tin, firm; spot and futures, $52.00. Iron, irregular; No, 1 northern, $20.00@21.50; No. 2 northern, $19.00 @20.00; No. 2 southern, $18.00@ 18.50. Lead, steady; spot, $7.75@8.00. Zinc, steady; East St. Louis, spot, $6.17; futures, $6.17@6.20, . Antimony, spot, $9.12, en NEW ‘YORK, Aug. 13.—Call money, steady; high, 2; low, 2; ruling rate, closing bid, 2; offered at 2%; last loan, 2; call loans against ac- ceptances, 1%; time loans, easy; mixed collat. 60-90 day 2%; 4-6 months, 3@3%; prime com- mercial paper, 3%. ‘ LIBERTY BONDS NEW YORK; Aug. 13.—Liberty bonds closed: 8%4s, $101; first 4%s, $102.19; second 4%s, $101.19; third 4s, $102.17; fourth 4%s, $102.25; U. & government 4%s, $105.31, it Stocks AND QUOTATIONS BY LEASED | Bonds American Smelting & Refs. -~ ‘American Sugar -...--.... American Tel and Tel. ...... American Tobacco ~.------- 150% American Woolen ~~.-—,..-- 14% American Zinc, Lead and 8m 8% B Anaconda Copper -~...-.---. 37 Atchison ~..-...-.. Atlantic Coast Idne -....... 184% Baldwin Locomotive ---.--- 120 Baltimore and Ohio --....... Bethlehem Steel California Chicago, Mil & St. Paul pfa -- Chicago, R. I..and Pac, ...-. Chile Copper <----..seseee-e Coca Cola --.. Colorado Fuel an@ Iron -.... Congoleum -~......,.-... Consolidated Gas Corn Products new --.-...-. COGRRE OR Seeucdececconseten Crucible Stee] ..---------—- Cuba Cane Sugar pfd ....-. Daviton Chemical Du Pont de Nemours ....—- Guilt States Steel -.-.. Heuston Oi! Diinois Central International Harvester -. Int. Mer. Marine pfd. ----v.. Int. Tel and Tel. .-------..- Invincible Oil Kelly Springfield Tire Kennécott Copper —--. Louisville and Nashville Mack Truck Marland O11 Maxwell Motors A ......,... Middle States Of ~._. Missour!, Kan and Tex. .. Missouri Pacific pfd. -.... National Lead ~.+ New Orleans, Tex & M New York Central -. N, ¥., and N. H., and Hartford Norfclk and Western ........; Northern Pacific .... Pan American Petroleum B - Pennsylvania -.--.---.ecceee Producers and. Refiners .—. In corhmon } Air Line ....-~.-. Sinclair Con ---s---eceeee--s Sears Roebuck ~..-...-<-----. Sloss Sheffield Steel and Iron Southern Pacific = Southern Railway Southern Railway pfa. ‘Standard OM of Cal --_. Standard Ol! of N. J. “Btudebakér “Corporation -. VU. 8. Cast Iron Pipe -....... U. 8. Ind. Aleohol ~~. United Statés. Rubber --... United States Steel .-. Utah Copper ‘Westinghouse Electric ...... Willys Overland Woolworth .... wone—----------- 1.40 Grass Creek, light ~---------.. 1.45 Pilot Butte Lander -.--... wane n-n---------- 1.10 Staridard Oil Stocks ANGIO -.cccccccwscese. Cumberland Prairie Pipe -. Solar Réf. -—-~-. Sou. Pipe ~--~------.-- 8. O. Ky. - B.. 0. N. F. coed. Butter and Eggs CHICAGO, Aug. 13,—Butter, high: er; creamery extras %7c; 36c; extra firsts 35@36c; firsts 1@ gs unchanged; receipts 9.930 SOA ee ye -, Dedbute wantads bring results. €bhe Casper Daily Cridbune QL SECURITIES Bid Ask 28 Big Indian -.------ 204% Boston 2 Buck Creek 15 Burke = ----------- 25 Bluck Stone Salt Crk. .28 — .20 Chappell . 4 16 Columbine = -. 09 10 Central cape - 230 5.00 Consolidated Royalty. 1.19 1.2 Cow Gulen -....---- Roy. & Prod, ------ 04% 05% 13% 149 208% 04 West. Exploration -. 3.25 3.50 Western: Ot) Ficiad -.. 15% 16% Western States --... 14 15 Ww: Yi ON a cicees, NEW YORK CURB CLOSING Mountain Producers - 18.00 18.25 Glenrock Ol! ~-.-----— 15 25 Salt Creek Prds, -.----, 23.50 23.75 Salt Creek Cons, ---- 7.75 8.00 New York Ojl -------. 3.00 11.00 +59.00 214.00 Mutual .~------------- 10.75 11.00 8. O. Indiana ~—--... 56.75 57,00 —_—— LIVESTOCK Chicago Prices. CHICAGO, Aug. 15.—Hogs—Re- ceipts, 32,000; moderately active generally 25c lower than Tuesda; average; few sales light weight 25 to 36 cents off; light shipping demand and large receipts; top, $9. good and, choice 180 to 240-pound Weight, $9.50@9. desirable 140 to 170-pound averages, $9.00@9.40; bet- ter grades 260 to 350-pound butchers, $9-40@9.55; packing sows, $8.00@ 8.36; strong Welght~ killing pigs, $8.25@8.50; heavyweights, $9.15@ 9.60; medium, $9.30@9.65; light $8.75 @9.65; light lights, $8.20@9.45; pack- ing sows smodth, $8:10@8.50; pack- ing sows, rough, 7.65@8.10; siuagh- ter pigs, $7.75@8.75. “CatleReceipts, 13,000; killihg classes very slow; best eteers and yearlings, steady to 15c lower; most- weighty: kind show. narrow; killing quality fed steer run largely good; light sprinkling choice offerings-of all weights; early top medium welght steers, . $10.90; strictly choice heavies held above $11.00; part load long. yearlings to shippers at $11.00; few loads strong weight and weighty steers, $10.40@ 10.75; few grassers -here; fat she stock unevenly lower; practically unsaleable early; bulls dull; bulk bo- lognas, $4.00@4,.50; vealers steady; bulk to packers, $10.75@11.26; few, $11.50; stockers and feede: scarce; country demand more general, Sheep—Receipts, 15,000; active; fat lambs strong 25c higher; most ad- vance on natives sorting light; early sales natives, $19.00@13.25 to pack- ers; $13.60 to 13.75 to outsiders; good and choice range lambs, $13.25 @12.75; some held higher; sheep and feeders, ‘steady; choice rangers to killers, $7.75; no early sales feeding lambs. Omaha Quotations, OMAHA, Aug. 13, (U. 8.” Depart- ment’ ‘of Agriculture) —Hogs—Re- ceipts, 11,000; mostly 15 to 25c lower; bulk 210 to- 325-pound butchers, $8.90@9.00; top, $9.10; desirable 160 to 200-pound. weights, $8.50@8.90; packing sows mostly §$7.75@8.00; smooth grades up to $8. bulk of all sales; $7.85@9.00; average cost yesterday, $8.49; weight, 271, Cattle—Receipts, 6,500; light and medium weight steers and yearlings, fairly active; mostly steady; other heavy beeves; bulk sters and year- lings, $8.25@10.00; few loads, $10.15 @10.50; top $10.75 paid for choice medium weights; fed she stock, slow, weak; grassers, fully steady; veals and bulls, steady; canners and cut- ters, 25c higher; stocker and ‘feders, slow, stead: cows and heifers, $3.2 $3.25@4.00; practical veal top, $8.50; stockers and feeders, 5.25@7.00. Sheep—Receipts, 12,000; lambs, 25¢ to 35c higher; quality western lambs improved; top fat range lambs, mot ly $13.00; sheep steady; best fat ewes $7.00; feders strong to higher; best range feding lambs held around $13.10; late top Tuesday, $12.90. Denver Prices DENVER, Colo., Aug. 13.—(U. 8. Department of Agriculture}—Hogs, Receipts 600; around 25c lower than Tuesday's average; desirable load averaging 190 to 230 pounds $9.10 to $9.20; odd choice drive ins $9.25@ $9.50;. latter price out of line; pack- ing sows steady; $7.00 paid; fat pigs steady. Cattle—Recelpts 300; Calves 50; generally steady; few loads 754 to 770 pound mixed yearlings $9.50 to $9.75; one load 890 pound steers $9.50; few good, heifers $4.65; few good cows $3.50 to $4.00; desirable vealers Mostly $6.75; odd choice veala $8.50 to $9.50; bulls scarce; few bologn: $3.65 to $3.75; canners around 175 to 185; stockers and feeders scarce, steady; few two year old stock steers $5.00. Sheep—Receipts 1,000, fat lambs around 25c higher; two loadsa 1265; two loads desirable fat ewes $6.25; around steady; other offerings scarce. ean eae Grain :: STOCK TRADING (3 IRREGULAR Hedging Sales Cause Down- turn In Wheat Prices At Chicago NEW YORK, Aug. 13.—Revival of speculative activity in the low Priced rails and steady accumula- tion of the Pan-American issues fea- tured today’s irregular stock mar- ket. Many Industrials ¢ontinued to yield to profit taking and bear sell- ing, based on the belief that their recent rapid advance had been over- done. Sales approximated 950,000 shares. NEW YORK, Aug. 18.—Stock Prices displayed a firm tone at the opening of today’s market, which was featured by a renewed demand for the railroad shares. New York Central advanced one point to a new 1924 top at 109% and “Nickel Plate” touched a new peak at 116% up 1%. Baldwin advanced a point, but Uunit. ed States Steel common, yielded frac- tionally. The main price movement. con- tinued upward, although the gains, as a rule were small. Coppers were agalh in good demand, Chile and Kennecott bettering their previous high prices and most of the others improving fractionally. Texas and Pacific and Colorado and Southern first preferred, were added to .the list of new highs in the railroad group. St. Louis-Southwestern pre- ferred and Genera} American Tank climbed about a point'each. Stewart Warner and Atlantic Coast line were heavy. Foreign exchanges opened steady. Profit taking sales forced reces- sions of 1 to 2 points in Union Pacl- fic, Southern Pacific, Chesapeake and Ohio praferred, General Electric, Western Union and American Water Works, but when these had been ab. sorbed, the market started to move Slupward again around noon under the leadership of the leathers and the low priced = rails. Central Leather preferred, Frisco preferred and American Hide and Leather preferred advanced 214 to 3 points. Good buying also was noted in Gen- eral Asphalt, Famous Players, Am- erican Can and Baldwin, the last Hamed touching 121. Call money again renewed at 2 per cent. Readiness of the rank and file of speculators to trail along when buy- Ing orders appeared in volume. in any quarter caused advances of to three points in biscuit, ical, tobacco, public utility, Gulf Sulphur, railway steel spring and International Business machine shares in the early after- noon, Omaha, Pennsylvania and Oniario ahd Western were also quite strong, while Crucible Steel, Gulf States Steel, Foundation Company and Nickel Plate dropped one to two points, Tho closing was irregular. Big Four jumped eight points and Rutland preferred five in the late dealings, but weakness cropped out in some of the popular industrials, Crucible Steel dropping 2% points. eter badd hE, Foreign Exchange NEW YORK, Aug. 13.—Foreign exchanges steady; quotations in cents: Great Britain demand 453%; cables 454%; sixty day bills on banks 451. France demand 5.60%; cables 5. Italy demand 4.51; cables 4.51%; Belgium demand 5.17; cables 5.1744; Germany demand per trillion 23%; Holland demand 39.08%; Nor- way 13.98; Sweden 26.53; Denmark 16.00; Switzerland 18.89; Spain 13.51; }Greece 1.79; Poland 19%; Czecho Slovakia 2.97; Jugo Slavia 1.24%; Austria .0014%; Rumania 45%; Ar- gentina 83.79; Brazil 10.05; Tokia 41%; Montreal 99 POTATOES CHICAGO, Aug. 13. — Potatoes trifle stronger, receipts 53 cars: t tal United States shipmentq 452; Minnesota sacked early Ohion $1.15 @1.25; Maryland bullf Irish cob- blers $1.65; Kansas and Missouri sacked Irish cobblers, holdover $1.40 to $1.60; Virginia barrel cob- blers $2.65@2.85. SUGAR Sugar futures clored irregular. Approximate sales 41,000 tons. Sep- tember $3.49; December $3.57; Jan- uary $3.40; March $3.28. —o " SILVER NEW YORK, Aug. 13.—Bar silver, 68%; Mexican dollars, COTTON NEW YORK, Aug. 13.—Cotton, spot, quiet; middling, 5 MASS MEETING GALLED FOR EVANSVILLE CHAPEL A mass meeting to discuss the is- sues of the present campaign will be held at Evansville chapel Thursday evening, August 14, beginning at 8 p.m, Captain J. EB. y, Attor> ney George Ferguson, Dr. na and others will address the gath- ering. ‘The public is extended an in- Yitatlon to attend. _ a CORN HIGHER, WHEAT oLUMPS Many Issues Score Improve- ment On Speculative Buying CHICAGO, Aug. 13.—Big buying lifted all new crop deliveries of corn today to a new high price record for the season. Unseasonable cold weather, decidedly adverse for corn growth, was the chief bullish’ influ- ence. December delivery showed the most strength, and commanded Practically the same price as May. Opening quotations, which varied from unchanged figures to %c high- er, December $1.07% to $1.07% were followed by a rise as much as 2c above yesterday's finish. Profit-taking sales brought about considerable reaction later. ‘The close was nervous, %e to 1%c net higher, December, $1,08% to $1.08%. Wheat rallied as a result of corn strength. At first, however, the wheat market had a downward ten- dency, owing to reports that con- trast to expectation; no frost had appeared in Canada last night. Af- ter opening at %o lower to %o ad: vance, September $1.28% to $1. and December $1.32% to $1.33, wheat sagged a little more and then scored fractional gains. Subsequently, hedging sales and aggressive selling on the part of houses with northwest connections proved to be more than an offset for bullish factors, including export business, The close was unsettled Yc to %o net lower, September $1.28% to $1.28% and December, $1.31% to $1.31%. Oats traders took their cue from corn, Starting 4c to %c higher, December 524% to 52%, the oats mar- ket continued firm. Notwithstanding a decline in hog values, provisions were responsible to the bulge in corn, Wheat— Open High Low Close Sept. ---- 1.28% 1.29% 1.27% 1.28% Dec. - 1.82% 1.98 1.31% 1.31% May ---- 1.38 1.38% 1.36% 1.36% Corn— Sept. - Dec. May Oats— Sept. - Dec. -. May .. Lara— Sept. - Sept. ----18.17 Oct. 13.35 Cash Grains and Provisions CHICAGO, Aug. 13.—Wheat num- ber 2 red 1.31% @1.32%; number 2 hard 1.29@$1.30%. Corn number 2 mixed 1.16. Num- ber 2 yellow $1.16%@$1.17%. number 3 white 50% @53c. Rye, number 2, 924 arley 80087; timothy seed 7,00@§8.25; clover seed 12.00@ $12.50 Lard 13.75 ribs 13. bellies 12.37. Flax DULUTH, Minn., Aug. 13.—Close flax, September §2.34%; October $2.28 asked; November $2.27% bid; De cember $2.24 bid. Danish Globe Trotter Here On Long Trip After traveling for nearly five years throughout Europe and North America, Fred Johansen, yea of age and a resident of Seikhorge, Denmark, arrived in Casper today, leaving by motor after he secured a ride from an interested tourist Johansen is well educated not only in his own language but also in the English language. Ho left his home in November, 1919, with the under- standing that if he returned by November 1, 1924, he would receive 10,000 crowns. He has traveled through Russia, Poland, Germany, Italy, Ireland, Scotland, the United States, Canada, and Mexico. He work he travels and accepts car rides but does not travel on the train. He came here from Seattle. The young globe trotter has proof that he has been in all these coun- tries and among his most cherished possessions is an autographed pic ture of the Prince of Wales. pt Bedkeinkon Ane ideates CORN CROP UNDAMAGED BY STORM DES MOINES, Ie., Aug. 13.—De- spite violent wind storms on August 8, which flattened large areas of corn in north and central Iowa, the crop has straightened up remark- ably and will not be seriously dam- aged, Charles D. Reed, director of the Iowa weather and crop bureau, declared today in his D report for the week ending last night. Threshing was delayed materially by recent rains and much of the small grain in stock has been dam- aged by mildew and dampness.’ the report said. Outside of the rain and wind swept areas, the report of threshing yields is “very satisfac. tory,” Red said. Parley and wt are ylelding better than was expect- Livestock :: All Markets PAGE SEVEN. TRICK PIPE USED AS DAWES TRADEMARK BRINGS FORTUNE TO MAKER IN TIN SHANTY BY 0. L. SCOTT Staff Correspondent of The Casper Tribune (Copyright 1924, Consolidated Press Association) CHICAGO, Aug. 13.—-The_ polit! cal bolt of fortune that struck Gen eral Charles G. Dawes with his nomination as Republican vice pres idential ‘candidate made a bewildered man out of.the creator of his trade mark—a trick pipe, which the party this year is turning Into a campaign emblem. He is completely overwhelmed by luck, is H. C, Lyon, the inventor, who has been taken aback by orders for his smoking apparatus since the Dawes nomination, He sits In his small tin shanty on the outskirts of (he city, wondering how lin the name of Croeseus orders that con tinue to pile up can be filled. Lyon admits that he {s the luck- Jest man to come out of this prest dential year. Ho says that an odd twist of fate has made him a factor in the campaign and set him on the sible fortune. The tor three years ago was minus ght arm, jobless and at 60 ‘acing a start in the real estate business, While thinking over his predicament, solaced with a pipe, he conceived: the idea of the smoker to which General Dawes is now at- tached. aw a pleture of the general smoking an old sap sucker,” Lyon observes, “and sent him one of my tion# as a sampler. — His orders have been coming by the dozen since, while my luck has been mounting.” General Dawes became an Iinvet- erate smoker of the upside down af- fair and started giving pipes to his friends. He started the French German and English business. men and statesmen smoking the pipe that Lyon makes, while working on the rations problem. ‘Two de en went overseas. Now they are taking the place of the old cam paign cigar in the Dawes campaign The candidate is seldom seen with out his trick smoking tron: And the amateur pipe maker ts having trouble disentangling him- self from pipes and orders for Market Gossip Louisiana Production Down SHREVEPORT,. La, Aug. 13. — ‘The first part’of August marked & falling off in the daily average oil production, as well as in the num ber of completions in the’ Shreve. port territory, embracing the: fields of north Louisiana and south Ar kansas. The falling off, however, was not as great as that recorded late in July, Six gassers added i total of 85,000,000 cuble feet of gu to the alr available supply of north Louisiana. No gas we'ls were reported in the Arkansas fields. A total of 3,566 barrels of ofl w addod by late completions. Gets Shallow Oil Well of the Su Oil company in the L ently struck oll at wg Was run being drilled ¢ Baxter Basin Reports The Associated Oil company, which drilled to the depth of 3280 feet in the Baxter Basin ofl fiel 317-104, last year, will have ew of drillers with tools nece sary to clear the hole, and procee to finish the well. The Midwest Refining company has completed No. 29, Sec. 36-18-104, at 1720 feet, bringing in a gassor that gauged 7,000,000 cubie feet, In the same district, the Midv working hard to plug back in No. 6, Sec. 11-17-104, where a bi. flow of gas was encountered in the second sand, The Ohio's No. 1 Osten on Sec 22-16-04 fy drilling at 2670 feet. The Producers & rs corpor. ation is now assured of an ample upply of gas from its own leases to supply its Rock Springs local gas plant, It has completed its No. 1 well on Sec. 26-17-104 at 3440 £1 bringing in a flow of 20,000,000 cub: feet with a rock pressure of 700 pounds, The main pipe line for gas from the Baxter Basin field to Rock Springs has been completed by the Hope Engineering & Supply com- pany, a distributing subsidiary of! finers. Practi-| the Producers & F cally all the service lines in Springs are completed, and gas fe local consumption will be sent into the mains in a few days. Kasoming OM Activity The Kasoming Oil company is working out a big program through: out the state, with six outfits at Salt treek; five ut Lost Soldier and two oh the Mahoney Dome. ‘They are also making fine progress at Belle Springs, Clay Basin and Enos Creek Buffalo anticline northeast of Rock g00d head. in 7-27-96 5 fect; Beaver Divide, Seo. 18-27-95 down to 1170 feet, and 1 Brimmer reported at 459 feet. The Kasoming {s rushing this work through Van-Wy Structure N Geological invest structure on Smith Cr northwest of Sheridan, to be begun within 60 days,’ according to lute reports. Leases covering 3,000 of tho supposed structure are held by a company, the nar t which hot’ been learned. If rt favorably, drilling id immediately, Sheridan n of an oil r O be sta eek rhe pipes that fill his tin garage factory —a cramped little place that has difficulty turning out 1,000 pipes a month. Orders for 75,000 hav ready come in without solicitation dvertising. ucky? Well, T should aay so. I never imagined that I would run into anything lke this,” the manu- turer comments. It begins to look as though I will be able to* |Spend my declining years in luxury if this pace keeps up.”* Lyon has been a millwright. He lost his right arm and then his job. He has @ wealth of good humor—a big, jovial rhan, who delights in tell- ing how an {dea he learned as @ mechanic is at the basis of his fima- teur pipe experimenting which fin- ally has set him on the way to for- tune. . “I think that soon I’ll start fram- pipe for women smokers," he “If they must'smoke, a good would do them more good than rettes, First, though, I've to see Gen- eral Dawes. Never in my life ‘saw him, but expect to when he ts noti- fled of his nomination. ‘That cer- tainly was’a turn of luck which caused me to send a pipe to the general It makes it look lke a successful presidential year.” _-_ oO JUDGES NAMED BY TRIBUNE (Continued from Page One) loum production engineer of thé Midwest Refining company. R. M. Andrus, manager of plants No. 1 and of the Standard refin ery. Commander H. A. Stuart. repre- sentative here of the United States government in the Teapot. Dome re- celvership case; A. J. Hazlett, editor and publisher of the Inland Ol] Index. Oscar Thotnas, manager of the tional Supply company. Gregory Powell, assistant director of industrial relations for the Mid. West Refining company at Salt Creek, - 120 miles | (ssa, LATE SPORTS 2ST HILLS, N. Y., Aug. 13.—~ Mrs. Theresa Moers, divorced wife national tennis champion of 1912 to 914 gained the first important vile- tory of her mpted comeback when ahe vanquished Mists Leslie Bancroft of Boston in the third round of the national women's championship singles, 6-1, 6-2, Miss Helen Wills gf Berkely, Cal., defeated, Mrs. Cores Sackett of East Orange, N. J., 6-2, 6-1 in the third round. » Aug. 13,—Dxamina- Leonard's thumb to- fans including two entatives of the state athletic + confirmed tho extent of sustained by the lght- on in his match with Pal Moran at Cleveland and resulted. In calling off his match with Mickey Walker for the welterweight title next week at the Yankee stadiunt. James J. Johnston, promoter, an- nounc that another conferen would be held tomorrow to disc’ 1 new ¢ » for the match, SPANISH ARMY ASKS FOR AID MADRID, Aug. 13.—(By ‘The 8.)—The military director. issued & Communique ing ‘hat the news from Morocco S not satisfactory, that the enemy natives. had surrounded another position in the line and that the Spanish troops needed reinforce- ments Ww xo. tion of Ben by ph welght Hea fighting in both Spanish and nck Movoceo was reported from Melilla yesterday, the messages fr tho interior tndicating that the Spanish troops,were holding their own but that the rebels had broken through the French front between Fez and Tazzu after defeating and the French treops at —__— REBELLION IN NICARAGUAIS HELD SERIOUS . Nicaragua, Aug. 18. ceived here state thas intervention, the re lion in Honduras will become gen- eral The situation is said to be ‘e and the Nicaraguan gove mrent f endl the front ne additional troops ta to preserve neutrality g the re from using as a base for their sale by prev lies, TOO LATE TO CLASSIFY estate salesmen Realty Co, Phong tw err een Apply