Casper Daily Tribune Newspaper, August 14, 1924, Page 7

THURSDAY, AUGUST 14, 1924. Finance CRUDE PRODUCTION, STILL ON INCREASE American Petroleum Institute Figures + a a line Runs for Last Week Show Gain; Petroleum Imports Fall Off. NEW YORK, Aug. 14.—The daily average crude oil productién of the United States increased 5,850. bar- " rele for the week ending August 9, totaling 2,010,950, according to the summary of the American Petroleum institute. The daily aver- age production east of the Rocky Mountains was 1,887,700 barrels an inerease of 11,000. pro: duction was 628,150 barrels, a de- crease of 5,150. ‘Oklahoma shows @ dally average Production of 501,450 barrels, an in- creasé of 18,500; Kansas 83,080 bar. rels, an increase. of 2,000; north ‘Texas 74,700 barrel, an increase of 100; central Texas 175,800 barrels; a decréase 0.5500; north Lousiana 53,850 barrels” a decreage of 1,400; Arkansas 146,450 barrels, increase of 1,600; Gulf coast and southwest ‘Texas 120,450 barrels, decrease of 3,800; eastern 107,200 batrels, de- cfease 100; Wycming, Montana and bo ieee 124,00 Obarrels, decrease 00. Daily average imports of petrol ¢um 4t principal pérts for the week ending August 9, were 182,429 bar- Tels, comparéd with 245,000 for the Previous week. Dally average ré- celpte of California off at Atlantic and Gulf coast ports for the week ending August 9, were 148,286 bar rels compared with 86,143 for the previous week. (Copyright, 1924, Casper THbune) . Non-Ferrous Metals JOPLIN, Mo.—Lead ore in the ‘Tri-state field has advanced to $100 a ton and zinc ore has jumped from $40 to $42 a ton. Démand is strong and production is expected to in- crease. JUNEAU, Alaska—The movement of Alaska copper to market has in- creased, the July exports to Ta coma smelters being over 9,900,000 pounds, an increase of 3,500,000 pounds over June. BOSTON—The American SBrass company has advanced prices ap- proximately a quarter of a cent a pound. This is taken to reflect bet- terment in the position of copper and other non-ferrious metals. Steet. PITTSBURGH—Iron and steel scrap have been more active the last few days. There has been some consumer buying of heavy smelting ~eteo} and borings and short turnings for blast furnace use have been made for the first time in weeks. Cotton. = ST. LOUIS—The cotton erép of southern Missouri has been gréat- ly improved by rains recently. Lumber. NEW ORLEANS — Orders for lumber from Southern Pine associ- ation mills last week totaled 92/600,- 000 feet, or 11.4 per cent above nor- mal production. This was the larg- est week this year except that of January 1, when 109,000,000 feet were sold. Shipments for the week increased 2.3 per cent and produc- tion’ 7.2 per cent. Production totaled 73,900,000 feet, and unfilled orders Tose to 258,700,000. Beans, DETROIT—A severe windstorm has damaged the bean crop in some counties 50 per cent. Growers ex- pect higher prices as a result of the short California crop. Prices have jumped from $4.25 to $5.50 per hundred, an increase of 100 per cent above the levels for ten years be- fore the war. Grain. Trade News cathe into this market this week, sold at $1.43° to $1.45 @ bushel on cash market. Nine cars graded fo. 1 dark northern, the top grade, sold at 16 cents over the September Minneapolis optign. Tobacco ‘ER, Pa.—Pests appear to have worked compartively little damage in the tobacco fields here, but the plants have had to contend with too much moisture early in the season and not enough since, There is. a wide difference between the best and poorest plants which ‘will bring down the value of the total crop, Automobiles ATLANTA—Alleging that motor buses and private automobiles have made operation of short haul pas. senger trains unprofitable, the Sea- board Air Ling railroad has asked Permission to discontinue ten pas: tae trains on branches in this tate. ; Fruit. CAMDEN, N. J.—The hot weather has ripened tomatoes faster than usual .and precipitated a break in the market, which has dropped 16 80 cents a basket or $18 a ton. The shipping season will be short and Selene #00n are expected to advance in, . GRAND RAPIDS—The Michigan Dear crop is estimated at from 40. to 50 per cent of normal. Growers, shippers and agricultural experts, are considering -establishment of four grades for Michigan Pears in order to compete with western growers, ou. HOUSTONOil production in the gulf coast and Texas fields aver. aged 123,310 barrels daily in the last week, a gain of 340 barrols. Six: teen producers were completed in tha coast field. TULSA—Twenty wells were com: pleted in Kansas last week, of which five were dry, one a gasser and 14 producing a total of 4,927 barrels, Canned Goods. CHICAGO—The Western Canners’ association reports that buyers are E-MINNEAPOLIS—Eleven cars of | holding back on purchases of canned 1924 northwestern wheat, which | goods in anticipation of lawer prices, Prospective Investors Keep Eye on Conference By J.C. ROYLE. (Copyright, 1924, Casper Tribune.) NEW YORK, Aug. 14.—Hunéreds of thousands ‘of Americans have ‘been watching the London confer- ence, not as a result of a general er academic interest, but from the Point of -view of personal invest- Ment of funds. At present, there Is @ tremendous volume of ‘money and easy credit avaliable. This hag been shown in the easing of money rates. It has tended toward ‘the expan- sion of business operations and the Undertaking of new-business and in- dustrial enterprises. In thé last month, 508 good sized new enter- prises were started with a capital- feation of $572,000,000. This was an increase of capital outlay of 127,000,000 as. compared with the corresponding period of ‘last year. The easiness of the monéy mar- , ket has also bettered the. demand for high grade bonds and since America entered the war, the United States has become a nation of bond buyers. Investors are scanning closely the conditions which will dictate the loans to be floated for the rehabilitation of Europe if the London conference attains its object. Their eyes have been on both the Placing of their own surplus money and on the effect which Buropean loans may have in stiffening rates on money available for business enterprises. é The inyestments of the average American have undergon com: Dleté change in the last ten to fit: teer, years. Twenty years ago there Were approximately only 100 houses in this’ country devoted to invest- ment banking. Most of these: had relath banks. A partner of one of the largest New York bond houses said tofay that 15 years ago the unit of sale of his company was around $43,000. In 1921, their unit had de clined to $53,000 but the total volume of business had increased tremendously. POTATOES CHICAGO, Aug. 14.—Potatoes, triflp stronger on barrels, steady on sacks, receipts, 37 cars; total United States shipments, 467 cars; Kansas 8, $17 Minnesota acked Early Ohlos, $1.20@1.35; Vir- ginia barrel Cobbler: $2.75 @3.00. — our. MINNEAPOLIS, Aug. 14.—Flour, unchanged to 1c higher; family patents, $7.60; bran, $23.00, Leader of Arctic Expedition Found NOME, Alaska, Aug. 14. (By the Associated Pressa.—Knud Rasmus wen, leader of a Danish expedition studying Eskimos, has arrived at Kotzebue, 150 miles north of here, @ telegram. received here indicated, No werd had been received from him in 15 months. Anxiety con- cerning him had been felt for six months. i Tribune wantads bring resulta. vely few large customers, such j iilinojs as insurance companies, estates and) indiana Bonds :: Stocks :: he Casper Dally Cribune Grain NEWS AND QUOTATIONS BY LEASED WIR Burke - wenwnnas 385 Black Stone Salt Crk. .28 American Tél and Tel, -.-._ 127% | Chappell - - American Tobateo ~...—.... 150 Columbjne - -..--+--- American Wodlen —. 7% Contra: cipe a ath American Zine, Lead and Sm 8% B ao Royalty. bend a Anaconda Copper ~.......-.. 37% —— i Atchivon ~-.2-~-.-...---.-.-. 105% eis psec etme al rend sentra a 134% |p 7. Willams —-a-- 28% .29% Ba “ela exis + 5) wekringetasctes 6G 08 Gatig - 2-2 2-- wie 29% Jupiter ~---------—--- 00% .01 ieinney Coastal ----. .07%4 08% Lance Creek Royalty ‘aa aH Marine - : Mike Henry —..-..- 00% .01 Mountain & Gulf -... 1.35 1.38 New Yor! rk Oll -22...-- 9.00 11.00 0: West. Exploration ~~ 3.25 Western Oil Fiei@s .. 15% 16% Western States... .14 15 Crucible Stee} ~...-.....-.-. 51% | Wyo-Kans a= 86 1.00 Cuba Cane pfta. Great Northérn pfd. -.-..... Guif States Steel -__. Houston Oll ~.--—... 12% oats B Mlinois Central -_....----110% 96 38% % International Harvester Int. Mer. Marine pfd. ----. Int. Tel and Tel. -.-..-.. Invinefole Off -...--.—__.... Kelly Springfield Tire Kennecott Copper ------.... Loulsville and Nashville Mack Truck .. Marland Of -.... Maxwell Motors Middle States O11 .. eee Missouri Kan and Tex. ..._. Missouri Pacific pfd. Chicago Prices. CHICAGO, Aug. 14. (U.S. Depart- ment of Agriculture)—Hogs—Re- cetpts, 14,000; dosirable grades mod- erately active; mostly 25 to 40c high- er than Wednesday average; lower grades, slow; big packers talking steady; supply, ight; top, $10.00; bulk good and choice 170 to 240: pound average, $9.70@9.90; desirable 140 to 170-pound kind, $9.25@9.50; better 250 to 340-pound butchers, $9.70@9.85; packing sows, $8.30@ 8.75; desirable strong weight slaugh- ter piss, $8.50@9.00; heavy weight Norfolk and Western —- Northern Pacific --...-.... Pactie: Ol. s.5 550 cs... Pan American Petroleum B Pennsylvania Ons, $9.50@9.90; medium, $9.60@ Producers and 10.00; light °$8.90 to $10.00; light, Pure Off $8.40@8.70; packing sows smooth, $8.40@8.65; $8.00@8.40; slaughter «pigs, $3.00@ 9.00, Cattle—Recelpts, 9,000;, better grades fed steera and practically all grades yearlings 15 to 26c higher; others steady to etrong; trade fairly active; top matured steers and year- lings early, $11.00, some held higher; numerous loads, - $10.05@10.85; bulk fed steers and yearlings, $8.75@10.50; ght Texas to killers, downward to 5.50 and below; canner kind, around $3.00, excepting yearling contingent fat she stock semi-demoralized; few grass cows moving at $3.50@4.75; de- sirable yearling heifers, : $7.50@8.50; packing. sows rough, Sears Roebuck ~.........-.. 103% Sinclair Con -.....----.-- 16% Sloxs Sheffield Steel and Iron 6714 Southern Pacific 96% Southern Railway pfd. Standard Oi) of Cal Standard Old of N. Transcontinental Oll ----.-- 4% | sizeable string light and medium Union Pacific -.--..--.----- 143% weight Nebraska. heifers upward to United Drug ~--------------- 82 | 910.95; bulls, 10 to 15c lower; few U, 8. Cast Iron Pipe ...-.. 96% bolognas over $4.25; bulk, $3.75@ U. 8. Ind. Alcohol --.------._ 78% | 4.95; vealers unevenly higher; large- United States Rubber United States Steel -.. Utah Copper Westinghouse Electric Willys Overland .. Woolworth ly a scramble for numbers early; outsiders paying upward to $12.25. Sheep—Receipts, | 16,000; active; range lambs, strong; native mostly Steady; sorting moderate; general quality of westerns improved; bulk rangers, $13.50@14.00; top, $14.00 on natives, mostly $13.25@13.50; few $19.60@13.75; culls, $9.00; sheep, steady; good range ewes to Killers, $7.00; feeding lambs, steady; no early sales. Lance Creek -.. Omaha Quotations. OMAHA, Aug. 14.—(U. 8. Depart- ment of Agriculture).—Hogs—Re- gelpts 7,000; active mostly 25 to 350 higher; bulk 200 to 300 pound butch- ers, $9.25@9.35; top $9.40; desirable 160 to 200 pound weights showing full advance at $9.00@9.25; packing sows mostly $8.25@8.35; soughs on down to $8.00; bulk of sales $3.25@ 9.85; average cost Wednesday $8.40 weight 271. Cattle—Recelpts 4,700; good to choice yearlings and medium weight steers active; fully steady; plainer kind weighty steers slow, weak; bulk steers and yearlings $8.25@ 10.25; few loads $10.25@10.50; top $10.60 paid for 1,131 pound averages; she stock scarce steady; spots strong; bulls and vealers active; fully steady; stockers and feeders nomi-- nally steady; bulk grass cows and heifers $3.25@5.00; canners and cut- Osage --~---~--~. Grass Creek, light ~..--,.--.-. 1.45 Grass Creek, heavy ----...... .90 Greybull ~~. 1.40 Torehlight ~~~... 1.40 Elk. Basin 1.45 1.20 110 1.00 60 90 1.30 1.65 Big Muddy eteeneennn= Mule Creek -,——~.--..-_. Sunburst -—-.....--..------_ 14% 15% MEG: ¢ntogpabiuecgican ; tors $2.00@3.00; bologna bulls $3.25 steady $0% | @4.00; practically top $8.50. in Sheep—Receipis 13,000; wooled eyes ty | !ambs steady to strong; native lambs $13.25@13.50; fat range lambs $13.50 @13.60; fed clipped lambs 25 cents higher at — $12.60@12.90; sheep steady; best fat ewos $7.00; feeders strong; early sales rango feeding lambs $13.00@13.25; full mouthea breeding ewes $7.50, Denver Pricés. DENVER, Colo., Aug. 14.—(U. 8. Department “of Agriculture.}—Hogs —Receipts, 2,500; generally 25 to 40c higher jtop, $9.60; desirable 185 to 250 pound averages, mostly $9.35 to $9.50; packing sows, steady, $7.00 39% 5. 0. Ohio ----e--se--- 282 284 Ht $7.25; tat ples and light lights, VACUUM -~-nne-aewenn= 64 — 64% | $7.25@8.00; stock pigs, $7.00. 8 P. On 14 137 Cattle—Receipts, 800; calves, 150: 8, O, Ind. - 56% 87 |generally steady; few loads 720 pound heifers, $9.50; grass kind, Gown $5.50; desirable 981 pound steers, $7.40; best held higher; few $8.75; butcher cows, generally $3 @4.50; canners and cuttérs, $1.75 to $2.00; calves, steady; slightly higher; CHICAGO, Aug. 14.—Butter un-|odd choice vealers, $9.25; plainer changed. Wggs, unchanged; receipts| kind, $6.50 to $8.00; stockers and 6,189 cases. feeders, steady to weak; two loads PENA RR 543 pound stock stecrs, $6.00. Call the Tribune before you start Sheep—Recelpts, none; nothing on on that trip, _ SLED , Bale, SPECIAL [SSUES ARE MARKED UP Food and Motor Shares Are Among Stocks Record- ing Advances NEW YORK, Aug. 14.—Subs!- dence of selling pressure encourag- eda resumption of pool operations in today's stock demand, which dis- played a firmer tone. A brisk de- mand for the coppers and a selected assortment of rail and high grade industrial specialties resulted in the establishment of a flock of new 1924 high records. Sales approximated $50,000 shares. NEW YORK, Aug. 14.—Uncertain price movements. marked the open: ing of today's stock market, but the main trend continued upward. Frisco preferred opened more than 4 point higher on buying indticed by the announcement that a re capitulation plan would be con- sidered next week. Some of. the standard rails and tndustrials, {n- cluding United States Steel and Atchison were easy. Eager bidding for certain shares later developed, imparting a steadier rest of the market. ket leaders generally fluctuated within restricted limits, the most effective buying centering in minor issues. New high records for the year wore established by Frisco pre- ferred, Public Service of New Jersey, Remington Typewriter, second pre- ferred, Rutland preferred and New York and Harlem, the latter rising four points. Commercial Solvents “B", U. 8, Cast Iron Pipe, Railway Steels Spring and General Electric moved up one to more than two points. Foreign exchanges opened steady. elected their rise tone to the Recognied m: NEW YORK, Aug. 14.—Prices Strengthened considerably before noon, despite a continuance of pro king and bear selling in such as Davison Chemical, United Drug, National Biscult and stman Kodak which dropped 1 to 2 points, Southern Pacific also lost ground in reflection of speculative. disap- pointment over the failure of the di- rectors to increase the dividend. In- ternational Shoe earned five points and gains of 2% to 4% points were registered by Baldwin, Frisco pre- ferred, Rutland preferred, National Lead, Atlantic Refining and General Blectrice. Call money opened at 2 per cent. Bull -operators repeated their familiar performance of taking hold of special groups to intimidate the short interest, the food, motor and copper issues rising materially after mid day. Mack Truck, American Smelting, Loose Wiles Biscuit, General Bak- ing, International Business Machine, Du Pont and-Crucible Steels were in- cluded in the numerous stocks which scored gains of 2 to 5 poir The closing was stror some sharp gains in the 1 General Electric rising 5%; National Lead six and United Railways In- vestment Preferred and South Porto Rico sugar moving up to 4% points, Ra > Lal PASTOR FALLS TO lS DEATH IN MINE SHAFT Pittsburgh Minister Vic- tim of Tragedy in Colorado. COLORADO 14.—The Rev. Pittsburgh, Penn., was killed last night by a fall into an abandoned gas filled mine shaft near Howbert, Colo. Albert Davidson of Howbert, who was accompanying the minister was overcome by t the bottom the shaft and scued by Ha Rogers of Howbert, a third mem of the party. Dayidson's condition is serious. The exact details of the accident @re not known. ‘The Rev. Mr. Dreves who was 25 years old, was «@ mem ber of a picnic party froth Howbert The three men decided to explore , Colo ‘ant Drev Aug. s, of the deserted shaft which 25 rs ‘ago was a producer of rich gold o: Davidson went down first with flash light and apparently was over come by the gas before he could call for help. The minister was foliow- ing him and ft is believed that a rung on the old ladder broke under his weight and he plunged down the shaft. Rogers carried Davidson ladder and later brought Rev. Drewes’ body. the the up out Aug. 14.—Call money low 2; ruling rate 2; offered at last 2M; bid 2 call loans against acceptances ns easy; mixed collat- eral 60-90 a2 %; 48 months $@3%; prime commercial paper 3% - = FORGER SENTENCED. CHEYENNE, Wyo, Aug., 14. — William Ryan, charged with for gery, pleaded guilty in District court here Thursday and was sentenced to. not less than two nor more than three years in the state penitentiary. : Livestock : WHEAT PRICES CLOSE FIRM Corn Advance Lends Some Strength to Trading In Grains CHICAGO, Aug. 14.—With spring wheat movement getting under way, better weather condi- tions in the Canadian northwest and with a decline in prices at Liverpool, the wheat market here had a down- ward tendency today during the early dealings. Hedging sales con- tinued to act as a depressing factor. Meanwhile, an upturn in foreign ex ange failed to exert apy apparent influence. Opening prices, which ranged from % cents to 1% cents lower, with September $f $1.27% and ‘December, $1.3 the am Wholesale Trade Improving. KANSAS CITY, Aug. 14.—Fur- ther improvement is recorded here in wholesale trade with demand now described as fairly good. The num- ber of buyers in the market is the largest of any @ this year except the week of th Shrine convent and purchasers a from a wide ter ritory, includin, Flor’ Utah, | Washington, vada, ‘exas and Idaho. The most ve lines are milin ery and work clothing. Steel Makers Optimistic. PITTSBURGH, Aug. 14.—Officials of steel companies are in a more cheerful mood than for weeks. No large orders are appearing and prices continue weak’ in somo lines, but the expectation of improv to $1.31, were followed by a little rally but then by fresh downturns. Subsequently corn strength helped to give more steadiness to wheat values. There was some buying, too, on chances of frost tonight in Can ada. The close was firm at the same as yesterday's finish to %c lower, September §$1.27% to $1.28 and December $1.31% to $1.31%. Cool weather led to a decided fresh advance in the value of corn. De cember and May touched new high price records for the season. After opening at %c off to \%c up, Decem- ber, $1.08% to $1.09, prices sagged all around and then scored a sharp ad- vance. ater the September delivery also touched a new top record. Light frosts in Illinois had a bullish effect, but profit taking sales broadened out and put considerable weight on the market. Closing prices were un- settled, 1%c to 2c net higher, De- cember $1.10% to $1.10%. Oats rose with corn, starting 4@ ¢ lower to tec higher. December, to 62%o and later showing ma- terial gains, High quotations on hogs and corn gave firmness to provisions. Open High Low Close Weat— Sept ..-.1.27 1.284 Dec, -.-- 1.30% 1.31% May ---- 1.36 1.36% Corn— Sept ---- 115% 117 115 1.17 Dec. 1.08% 1.10% 1.07% 1.10% May ---- 1.0844 1.11 1.08% 1.10% Oats— 50% 49% 5046 53% (51% 52 56 4% 557 13.72 18.62 18.82 13.70 13.25 13.42 13.40 13.42 Cash Grains and Provisions. AGO, Aug. 14.—Wheat, num 1 $1.31%; number 2 hard at 1@ %, ‘orn number 2 mixed $1.164%@ 1.16%; number 2 yellow $1,17@1.17% Oats number 2 white 524% @54%e; number 3 white 51% @53thc. Rye unquoted, barley 80@87%¢c: timothy 5; clover seed seed $7@8.25; $12@21.50. lanl $13.8: $13.25. ribs $12.37, bellies > LONDON PARLEY IN DEADLOGK (Continued from Page One.) the maximum time for the evacua of the Rthr with reductions of that period only if special conditions warrant them. The one year ‘period begin with the date of the sign- ing of the London agreement At the conclusion of the confer between Premier Herriot and rman chancellor, which laste, an hour, it was announ: 1 rd nearly that there was nothing that could be made public. Chancellor Marx, leaving the hotel, said: “T am dumb and M dumb tov." The French premier hurried from the hotel to’ Downing street and it was stated that ho had nothing to say. Herriot is BERLIN CABINET DISC ES CRISIS, BERLIN, Aug. 14.(By The As jocluted Press.)—President Ebert presided at an extraordinary se ion of the cabinet convyoked at o'clock this morning to diseu! situation which has arisen in don because of the failure of French and German delegates to the international conference to ar- rive at an agreement on the time limit for the miliary evacuation of the Ruhr. An officia? bulletin was given out announcing that the members of the cabinet were in full accord with the attitude taken by the German de’e * in London. METALS YORK ; electrol NEW Aug —Copper a futures Tin, firm; spot and futures 52.7 Iron, ste and unchanged. Lead, firr ot $7.76@8.2 Zino, firm Louis spot St $6.20; futures $6 spot $9.2 Antimony LOFB-EOPOLD HEARING DRAGS {Continued from Page One) Kdidnaped and killed Robert Franks, Was on the witness stand for cross. examination when the hearing to fix punishment of the two youths re sumed for the twenty-first day be- fore Judge John R. Caverty toda In reserve the state had Dr. Archl- bald. Church of Chicago, who tent! fled briefly direct examination yesterday his conclusions as to the sanity of the defendants, coinciding with those of Dr. Patrick. on IN ATTORNEY SHARP TILT. CHICAGO, Aug. 14.—(By The As: sociated #s.)—Clarence 8. Dar fense and Crowe state's’ attorney, Nn angry argument at the afternoon session of the Franks hearing which was Interrupted only when Judge John R. Caverly direet- ed a five minute recess, Mr. Darrow was cross examining Dr. Chureh of Chicago, the state's second alienist when he asked if the doctor had gone to the boys for any other purpose than an. alienist “for the state to give testimony on which to hang them, His Ups quivering, his naturally ruddy countenance redder than ever and his finger pointed shakingly at Mr. Darrow. the doctor’ managed to, get. out Mr. Darrow, you know that s not true,” before Mr. Crowe was on his feet with a loud ‘ob. Jection. “Let him answer, let him‘answX,” Mr. Crowe shouted, as at the same moment Mr, Darr withdrew - his question with an apclogy and Judge Caverly ordered it erased from the record. “He ked a questionand saw the to hurt him,” s to Dar know I don't play tricks,"’ d back Mr, Darrow, “I inadver: y uned the word and I have had played y directed ers to cool hureh previously his action in accepting employment was guided by his,f ings and conscience > | Market Gossip Western Exploration Dividend. plenty of in before recess t ot ‘aver 7 permit tem Dr. ¢ fied had The fourth consecutive dividend of five cents a declared today by the Exploration company, pa tember 20 to stockholders September 15 Third Well Sta Structure in Hot Springs county are on the grouhd. "The Utah Ol! Refining. company, which operates and controls the Black Mountain fleld, expects to ha 3 spud ding ‘by September No. 2 is. now down more t ,300 feet NEW YORK, Aug. 14.—Fore! exchanges. steady;; ‘quotations Great Britain, demand 454%; 60-day bills on Fr demand 5 It mand 4 um, demand 5 rmany, demand (per Holland, demand; nd $14.00 weden, ; Denmark, demand 16 Spain, demand 0; Poland, deman¢ vakia, demand ia, do. mand 1.25; At 0014%; Rumania, der Argentina, demand 22.40 demand 9.90 Montreal SILVER | NEW YORK, Aug. 14.—Bar silver | 88%; Mexican dollars TOO LATE TO CLASSIFY LOST—On ‘Salt Cr h y, mult | case with tnitial A. BE. Overly N.+D. Reward if returned to Tribune, : All Markets | BUSINESS BRIEFS ment is such that prices have taken a secondary place in consideration of the situation. One important revela- tion with reference to price, how- evec, is that sheet mills have been selling full finished automobile bedy sheets at Se and one large maker of nutomobiles has secured supplies at 4.85c. Orders are gaining slightly in wire products, although buyers appear to be covering only their im- mediate needs, Both standard and line pipes are in better.call and even boiler tubes are firming up slightly, Bank Conditions Better. WORTH, Aug. 14.—The condition of 949 Texas state banks shows a material improvemént with an increase in Individual deposits of $34,000,000 over this time last over yea MOY MURDER ALIBI DENIED (Continued from age One.) career—a fight to free himself of the charge of murdering a woman. The woman, Mrs. Theresa Mors, divorced wife of a wealthy antique dealer, was found dead early yes- terday In the apartment she and Me- Coy, whose true name is Norman elby, had occupied for several weeks as “Mr. and Mrs. Shiet In her head was a .32 ca: ibre bullet; nearby was an aute matic pistol of the same calibre and a note signed by McCoy bequeathing all his worldly possessions to hie mother, When McCoy was arrested several hours later, after terrorizing em ployes and patrons of two fashion able shops and shooting and slightly wounding three persans, he was stubbornly silent for a time, but finally talked freely. Mrs. Mors kil! ed hersolf, he sald; the shock and grief “put out his lights and fillee him with an insan' to kill her husband, “who drove her to it,’ to kill all those who stood in hit way and finally to kill himself. But fate hid Mere from him, ané his plan to kill himself was lost {r the swirt of events. “Iwas going to kill myself,’ he said, explaining the note found tr the apartment, “but —I forgot." Police believe portions of McCoy’: atc but declare that his. sulcid flefense has already received it knockout blow from the Kid's ow: sircer, Mra. Jennie Thomas, whon they qoute as saying McCoy came ti her room soon after the shooting of Mrs, Mors and burst out with ‘T Just had to kill that woman.’ Late Jast night detectives -calle: at the Thomas home, but after con ferring with the they ed not furthe the to question he understanding tha tld tell the complete story o @ visit and alleged confersior she we MeCe to District Attorney Asa Keyes a 10 a. m, today Mo under re-grilling at th city jail, admitted that he had cali ed on’ his sister soon after Mre Mors' death but ouldn’t remem ber what I told er or how long cl his sufeide the telling at Mr was drive palr by her troubles with her for mer she suddenl cried out uldn’t stan it any long and attempted t stab herself to death with a buter er knife, when this falled, he .sai¢ she took a pistol from a dresse drawer and fired a bullet throug her head before he could stop het Police declare, however. that wha Mors really planned was a re ation with her former hur band and that McCoy's jealous rag over this impending reconciliatio ed him kill her and then t ut seeking to kijl Mors In h urch for Mors he wer the Mor hop where, a rding to hi 1 story, he planne hoot Mors and then kill Mr, an Mr happ, who operated shop next door and who recent had made efforts to bring about recongilation between Mr. and: Mr Mors Vhat he actually did was t wound William Ross, a patron wh happened to’ enter the Mors esta’ Ushment and Mr. and Mrs, Schap: whom ‘he pursued into their she hen they the refused to be lured int Mors place COST PRIGE SALE 0} STOVES. 1S. ANNOUNCE BY BRENNAN STOR ing recently Agency secured the e of Detroit Jewel g and in order to make roo vy shipment of the line, an is announcing a sto that is unique on eve floors—selling at cost. is a big line, and tak ‘sald Mr. Brenna the big sh for me stoves th ering abo quiremer have a sa clded to make drastic cut on the entire stock ne on hand, selling at what they hal and offering a possibility buying that only the’ clrew s of coming shipments wou make possible,” . for and rat and mo e them cont stanc woman's attorne: