Casper Daily Tribune Newspaper, August 31, 1924, Page 5

SUNDAY, AUGUST 31, 1924. _—_——$—$<=$$—$<—$<—$— Oil Finance | Wyoming Business and Industrial Survey From ~ Special Tribune Reports Reports on current business con- ditions in. several different sections Wyoming, as submitted by the banks to the Casper Tribune, are given as fellows: Livestock. LANDER (Fremont County) — Cattle coming from the ranges are fat, some shipments being mafe. Lambs are fat and are bringing good prices on the market. Wool prices advancing but no sales re- DUBOIS (Fremont County) —A few of the cattlemen have started thelr roundup for shipping others are waiting to get miore weight from the range and in hopes thero will be an improvement in the market. SHAWNEE (Converse County)— Cattle doing well. There were large numbers of hogs raised this year which will havo to go to market un: finished. IST SPRING (Converse County) —Cattle in exceptionally good condi- on and shipping just started with four Jonds this week. Wool has all been sold. Good percentage lamb crop. Owing to scarcity of feed great many hogs being thrown on market. Quite a little cream being shipped. GUERNSEY (Platte County) — Cattle shipments from this place less than @ year ago, prices about $5 a head less. Hog raising continues to increase in the fact of a good mar- ket. EVANSTON (Uinta County) — Thirty three cars of cattle shipped here from Nevada for feeding. About 7,000 head of cattle have been shipped here for feeding this year fram Nevada and Utah because of scarcity of feed in those states. Agriculture. LANDER—Second cutting of al- falfa in progress with hay in stack in good condition. There has been a emall acreage cf wheat showing promise of a good crop. The same is true of oats and potatoes are doing fairly well. Good milk and crean supply; butter fat down. DUBOIS—The alfalfa crop is little below normal, Native hay about noraml, Oats are looking g00d but oe green. Bid SHAWNEE—Rye will run about ten bushels to the acre. Wheat {8 making from six to twelve bushels. There will be no corn due to the long dry spell over this section. LOST SPRING—Alfalfa and hay Everyman’s By GEORGE T. HUGHES (Copyright, 1924, by Consolidated Press Association.) Another Kind of Foreign Bonds, In a preceding article on the fn: vestment rating of foreign govern: ment bonds it was stated that the principal thing to be considered was the credit of the government con- cerned. As @ rule the only security the holder of such a bond has is the pledged word of the borrowing government. This is always true of ald established governments with a long record of financial solvency. ‘There are, however, some foreign jbonds which are especially secured by Men on certain revenues siithor from customs or internal taxes of ene kind or another, In some cases representatives o2 the banks who make the loan in tho first instance have direct supervision of the collec- tion of these revenues. The recently issued Hungarian loan is an example. This loan is se- cured ‘by a first charge on the rev- enues from the ct the sugar co monopoly and collected are paid into a special account controlled by a Commissioner General appointed by'the League of Nations who rep- resents ‘the bondholders. Whenever any such arrangement is made it Is “possible to compare the total re- ceipts from the pledged revenues with the interest requirements of the loan and in this way judge of the margin of safety in much the same fashion as a bondholder scans the earning statement of a corpora- crop best in years. All other crops very short. . GUERNSEY—Hay crop not as heavy as last year but of better quality, Corn yield will be light be. cause of continued dry weather, Wheat is making about six bushels to the acre, but is high in protein. — EVANSTON—Hay & little short but with last year's excess will have enough for coming winter, LANDER—Banks apparently in good condition. — DUBOIS—There apptars to be a good supply of labor. The mercantile business continues good. SHAWNEE—Crops are very poor this year, but general conditions are better than they have been for several years, —_— LOST SPRING—Ni fifteen miles west of about 1,500 feet, Satisfactory Mquidation of debts 0 far. Need guarante of deposits in order to restore confidence of do- Doaltors. GUERNSEY—wWell No. 2 on the Guernsey structurehas been suc- cessfully cemented, shutting off the water af 1,050 feet. — The high grade mica deposits in the Whalen canyon district st{ll in- terests industries handling the prod uct. test well down The Sunrise tron mines continue to employ more men. The railroad dusiness has’ increased materially in the past week. Local retafl stores all report an pos rnd in business, with collections The” general outlook ie much brighter than @ year ago, as the prices on form products have in- creased, giving the producer a little profit. EVANSTON—Well in Spring Val- ley down 800 feet, yielding eight barrels datly. Railroad business picking up. It in understood they are looking for good grape busineds after the first of the month, Responsible for the above reports are the following: First National bank’ gf Dubois State bank, Bank of nee, Citizens State bank of Shawnee, Commercial State bank of Guern- y and the Byvanston National bank. Investment | tion in the securities of which he {s interested. Provisions of this kind add to the attractiveness of a foreign bond whenever there is any yeason to regard the risk as unusu- ally great. Certain Central ang South Amer!- can bonds have been marketed sy cessfully because payment was se- cured by @ome such pledge. More rarely a foreign bond issue is guar. anteed by other governments. The most notable instanco of this kind is the Austrian 7 per cent loan put out in 1923. This issue is not only secured by pledge of ¢értain cus: toms and internal revenue receipts but is guaranteed in specified pro- Portions by the principal govern- mentd of Burope. Obviously such a guarantees adds greatly to the mar- ketability of a foreign government obligation, There are also certain foreign bonds, not government Issyes, but loans of railroads, utility or indus- trial companies which have been sold in this country because of the guarantee of thelr own government. They vary greatly in merit. Two bonds sted on the New York Stock Exchange of very high investment rating belong in this classification, They are obligations of the Cana dian Northern Rallway owned by the Government of Canada which guarantees the oonds by endorse: ment. Their credit depends, then, not upon the rafllway but upon that of the Canandian govornmen:. Ia. sues of this nature must be judgod by the standing of tho guarantor, der, BUSINESS BRIEFS NEW ORLEANS, Aug. 30.—Job- bers in dry goods here are expect: ing the best trade they have had in years. Deferred trading 1s making its appearance and the large vol- ume of sales is expected to continue throughout September and Into Oc- tober. Increases in shoes, hardware drugs and groceries have been good, but not so pronounced as in dry goods. Some large orders have reach- £4 here from Central America for all nes and are being filled on assur- ances from the American state de- partment that interests of Amerl- an mérchaats in Honduras and ther central American countriea wil! be protected. Retail trade is be- ing kept up by cut price sal DULUTH, Aug. 30—Jullus Barnes former head of the U. 8. Chamber of Commerce, and a large grain dealer, declared today that there was a new spirit in the world of for- eign trade as @ result of accept ance of European nations of the Dawes plan. “A better day is now with us, I confidently believe, to stay,” he said, adding ‘The American farm, which ‘has been the worst sufferer from the disorganiaztion of Europe, is beginning to reach a new phase of actual prosperity. New price lev making farming remunera: tive. Dollar and thirty cent wheat and 80-cent barléy mean farm prof its once more and farm profits mean buying power, which stimulates al) business.” ST PAUL, Aug. 30.—Batks report farmers and country merchants in the southern section of the north west have begun to pay off thelr long-standing notes, Financiers ex pect heavy further liquidation ct In debtedness.in the néxt two month: ——— Call the Tribune for bighway ir formation. :: Bonds By Wilson Cramner & Co. Allied geo 4 & Dye —-.. 73% American Can American Smelting and Refs Anierican Sugar ---—------ American T, and T, --.----. American Tobacco and Ohio iryey bi I. and Pac. ~... is, oe hh EL Chino Copper ~.~...--.----- Consolidated Gas -....--.... Corn Products ~----~--.----- Cosden Oil ~... Crucible Steel —.-.---.----- Cuba Cane Sugar pfd. -....- Famous Players Lasky ~...- General Asphalt -..-.....-.. eral Electric .....-...--. Motors ~..~---.-.--- Northern pfd. -.....-. Guilt States Steel ...-...... Inspiration International ee Int. Mer, Marine pfd. ...... Kelly Springfield Tire -....- Kennecett per ~.--. Maxwell Motors ----.------- New York Central -_.—-..__ Pan American Petroleum B _ lucers and Refiners Pure Ol) -... Republic Ir Sinclair Con Oil Bouthern Pacific Southern Railway — Standard Ol! of &. J. ‘Studebaker Corporation ___ Texas Unien Pacific _._. U. 8. Ind. Alcohol United States Rubber ~ Us States Steel .... ‘estinghouse Electric Willys Ovetin: : Bute and Su Columbine - -..-... Central Pipe -..... f Consolidated Royalty - 1.13 Cow Gulon -....2.-. 63 wana nn ee £. T. Williams Férgo LB nee neeeneweene JUpItOr Won aaeecenne 09% Kinney women 07% CEH oe Re. Soy, an ake 08 aie ay ee ty Yere Ot wrnsem 8 aL. 725 (7. 50 9.00 11.00 8.50 59.00 00 210.00 10, 5 11.00 8. 0. Indiana. ocSueene 57.75 58.00 ——_— Standard Oil Stocks 14% 15% 60 = 60% 43 143 55 ¥ . Tran. --—-------- jor. Pipe --.—---—...- Qhio Cil ~—------—--- Ptairie Of] ----------— Prairie Pipe -—-----—-+ Solar Ref. ewnee 181 bos. Pipe #8 0. 284 14 & 0 In@ ———-._ 56% me 127 57 Coffee. SEATTLE—Further advances in be price of wholesale coffee. which as riven five cents since July 1, fe predicted by northwestern roast- rs and wholemlers because of a shortage on the boast, 6 > che Stocks Casper Sunday Cribune Grain :: WS AND QUOTATIONS BY LEASED V PAGE FIVE, : Livestock : All Markets NEW YORK EXCHANGE! STEP IN PROSPERITY Favorable Trade and Domestic News Gives Boost to Demand With Oils Included In Groups Showing Strength. NEW YORK. Aug. 30.—Favorable stock exchange, heavy buying for both accounts being tn order. Many issues were affected by the upturn, group strength being demonstrated in olls, motors, coppers, food and some of the rail stocks. Bales for the day amounted to about 450,000 shares, those scoring two to three point gain including American Can, General Electric and DuPont. Selling for both accounts had de- veloped during the reactionary trend of trading early in the week but no accurate estimate could be obtained of profit-taking sales. The greatest weakness was suffered by specialty issue’ based on favorable trade news and reports of declines in earnings. The unsettled condition of the oll industry was reflected in these stares with an increase in daily pro- duction as a bearish factor. Pan- American Petroleum, and Export company’s announcement of failure to reach earnings previously esti- mated was also a factor tn the un- certainty that gripped: traders. The federal reserve board report showing an increasb in department store sales gave strength to chain store issues, but marked setbacks were suffered by National Lead, Union Tank Car and Colorado Fuel and Iron, A slight premium on the Cana- dian dollar was a feature of the foreign exchange market which sold above par for the first time since 1922. Trading was restricted in Buropean “exchanges with prices fairly steady. GRAIN PRICES GIVEN SETBACK LAST WEEK Improved Conditions in Northwest Weaken Wheat Market While Com Fails to Hold to Gains on Crop News. CHICAGO, Aug. 80. — Today's brief session of the grain market Witnessed further weakening of wheat prices and some strength In corn trading. September wheat fell off to $1.23% Pry the close and De- cember to §1.28% while Srorenpet corn moved up to $1.18% and cember to $1.13%. Trading Guring the week in all graing was Kked by reactionary price movements with some restric- tion in demand as a result of the approaching holiday. Compared with a week ago wheat prices today were off from % to 2% cénts and corn wat 1% to 3% cents lower. With weather conditions in the northwest favorable for the matur- ing of late grain, bears were active in selling, butitheir astivities were curtailed by. reports of a Hon regarding the Argentine crop,’ increase was shown in estimates Oh the Canadian and American wheat crop. Dream of An Corn values witnessed some re- covery during the week on unfavor- able weather reports from the crop region but this gain was wiped out. Wheat— Open High Low Close Sept. --. 1.24 1.24% 1.23% 123% Dec. 1.29% 1.29% 1.28% 1.28% May 1.95% 1.36% 1.34% 1.35% Corn— Sept. -.- 117% Dec. .--. 1.12% May ...- 1.12% Oate— Sept. . 118% 1.15 1.13% 1.10% 1.14% 1.10% 118% 1.13% pery 49% 52% 56% 49% 52% 56% ABH 51% 55% 48% - 62 May 56% Lard— — 18.72 13.85 18.82 13.80 13.72 18.70 13,77 1885 13.82 13.80 Sept. ..-. 12.25 Oct. -.... 12.85 Bellies— Sept. -.-- 13.20 American 12.25 12.35 12.40 12.25 12,20 12.28 13,20 13.10 13.10 Merchant Marine Holds Promise of Realization By J. C. ROXYLE, (Copyright, 1924,, Casper Tribune.) NEW YORK,® Aug. 30.—The dream of thousands of Amerioan merchant ships flying the American flag in all parts of the seven seas seems today in the way of realiza- ton. That possibility was increased by tests of the new Diesel engine, de- veloped at the plant of the Worth- ington Pump and Machinery com- pany here. The developments will have a industries owing economy. This engine is the first two-cycle double acting Diesel engine ever built in the United States. The Diese] engine is no new thing. Ths principle involved, discovered by Dr. Diesel, simply is that heavy fuel oll, fed'into a cylinder by a spfay and put under five hundred pounds pressure, dévelops tremend- ous heat. This produces combustion of the fuel with consequent expan- sion of gases and exertion of motive force on a piston. The older de signs of Diesel engine are of the mer delivers a driving impul every downstroke piston while the latter delivera its power on every downstroke. The newly developed Worthing- ton engine, however, delivers its drive on every up stroke and every down stroke. Efforts to sell ths arger portion of the United States shipping board fleet have been argely unavailing, owing to the fact that since they were equipped with steam engines, they could fot com- pete profitably with those of for- eign nations which had internal combustion engines and were oper- ated under more favorable regula- tions than those imposed by Ameri- can shipping laws. It is estimated that the Diesel engine will produce from two and three times as much energy as the steam engine from the same amount of fue] of] burned by each. The shipping board has recognized this fact and is now pre paring to convert at least 12 of the idle vessely to motor ships imme- lately. It has been authorized to spend 000,000 in this program, Tho trouble heretofore with the older types of Diesel engine was that they were bulky, heavy and expensive. In some cases Diese] en- gines large enough to furnish the required power would not go in the engine room space of the old ships and cargo space, which means earn- ing capacity had--to~ be sacrificed. The enormous weight involved also Jessened cargo capacity. But that was unavoidable for although it had been possible to build, small light internal combustion engines pro- vided they were operated at high Speed, marine engines for freighters running from 10 to 12 knots an hour have to run slow, since the most effective number of propellers revo- lutions range from 90 to 120 a min- ute. The bulk and weight of the low speed engines made them ex: pensive because of the tremendous amount of high cost steel which swent into their construction, The Worthington engine; ever, including O. B. Jorgenson, who is responsible for many of the de- ee of the new engine and Dr. Cc. Lucks, professor of mechanical enginerring at Columbia, declare their product has obviated or lessen- ed these disadvantages. They say that with the pistons exerting power On every up and down stroke, the horsepower developed {8 nearly twice that of an old style engine of the same weight and bulk while at the same time fuel, economy and other operating advantages are re- tained and simplicity of design, low first cost, shortness and ease of maneuvering, are added, The importance of the develop: Ment does not apply alone to the old steamships, for practically all long distance carriers now being built are utilizing the Diesel type of propulsion. Iuel economy has led to wide use of the engine on land, especially for driving electric generators. The government is ni Considering bids on a Diesel run plant at the Canal Zone which vy consist of six units of power each. The bearing of the recent te: every line of business through: the country may be realized by review of the shipping situation. The Interstate Commerce commis: sion has suspenéed operation of that section of the merchant marine act which provides preferential rail rates on American goods for ship- ment abroad provided they are car- ried in American vessels. It is be- Meved the doubt as to whether enough American ships were in commission to handle these ship- ments had a bearing on the decision of the commission. With the idle merchant fleet re-equipped, this ob- jection would be nullified Any increase in the use of internal combustion engines naturally will have an immediate effect on the oil industry. Stocks of crude petroleum are higher than at any time since 1922 and are being added to at the rate of two million berrels a day. Heavter congumption of petroleum and its products offers the only re lief in sight for ofl producers. Roger W. Babson Sees Better Balance Between Agricultural and Industrial Commodities As Benefit to All. BABSON PARK, Mass., Aug. 30.— ‘We can never have any prolonged Period of prosperity in this country unless all important groups have fair purchasing power and the dis- position to use It," according to Roger W. Babson, the statisticlan, Who today gave his interpretation of the ultimate effect of the recent rise in farm prices. “Te industrial conditions are good, work plentiful, and wages high tn the large cities, many think this to be the, basis of real prosperity; but such is not the case unless the agri- cultural sections are also prosperou! If the crops are good, land values in- creasing, and grain prices high, many think that prosperity is as- sured; but this is not true unless city wage workers are prosperous also. It is impossible for the country to be prosperous without both the in- dustrial and agricultural groups happy. One is the hatchet and the other the handle; one is the lock and the other the key; one group cannot maintain the present standard of living without the other group en- jJoying it likew!se. Moreover, both are like a team of horses. The speed of the team is determined by the sldwer horse. When either farm Prices are abnormally low, compared with city wages, or when a period of industrial un-employment exists with satisfactory farming conditions, there is a brake on prosperity. This in- equality has been waco trouble with the situation during the past two years and js one reason why I was 8o bearish a year ago when everyone else was optimistic. Any real pros- Perity must be founded on an active demand and adequate purchasing power on the part of all large groups. “Tt Is in the light of this economic principle that the recent rise in farm Prices is most significant and hope- ful. Beginning in 1918 we had a fair adjustment betWeon agricultural ana industrial pric Farm prices rose rapidly and for the greater part of the war they maintained a level above that of industrial commodities. By Juno 1920 agricultural prices were 200 per cent above the 1913 levels. Industrial prices meantime had risen to 150 per cent above pre-war aver- ages. Then the greatest price de- cline in modern business history set in and, if we compare prices on these two groups one year later or in June 1921, we find agricultural products only 10 per cont above 1913 prices while industrial commodities rested at a point 55 per cent higher than the pre-war figure. This gave us a maladjustment of almost 50 per cent and farm products have labored under this hafdicap until this spring. “The low point was established during the closing months of 1921, when crops went even under the 1013 base. In 1922 agricultural products and commodity prices in genera: climbed upward and the spread be- tween the two groups remained. However, in 1923 commodity prices turned downward while tho trend of leading farm products continued to climb upward, glosing the gap the narrowest margin since 1921. Agri. — ral products had climbed to 40 ‘ent while Industrial products slumped to 60 per cent over the 191) ba: ip evident that legislative credit Theasures, co-operative marketing, and other means of buoyance failed to readjust the radica) discrepance between the price level of what the farmer bought and sold. However since June new conditions have brought the agricultural price level to the highest point since 1920, Ex- panding agficultural purchasing power has automatically stimulated business, Practically every agricul- tural product has participated in the recovery, “The Babson Grain Price Index comprised of wheat, corn, oats, bar- ley, and rye is now 168, or practically 68 per cent over the extreme low of 1921. The reason for the current Price level ts easily traceable to the sharp contraction in output. The total production of the same five stains on a tonnage basis is the low: est since 1917 and based on the Aug- ust 1, government report is 7 per cent under the previous five year final average. The world production of leading grains is low compared with the bumper crops of a year ago, yet the total is not far from the normal complement. As, however, there is no-indlcation of any world shortage of agricultural products, there is no basis for now expecting any further marked advance from the present price level. “The only serious condition {ts in connection with corn. ‘fhe crop has been handicapped by late spring, in- clement weather, retarded growth, and now the possibility of early frosts, Without question this product is the stro st of the grain group. The main t is this, after nearly four years of hardship, the farmer's incom: now showing sings of ex: panding fo the point where there is a more normal balance between the price of products.old and the price of products purchased, General bual- ness—as reflected on the Babson- chart still stands at 14 per cent be- low normal—and while 1925 will be a better year than 1924, it does not promise any great boom. This bet+ ter adjustment between prices, how- ever. is a corner stone of the founda- Uon for our next period of prosperity, Construction has begun.” Commodity Trade News (Copyright, 1924, Casper Tribune) Lumber. SEATTLE—Night crews in the lumber mills in this section which were laid off during the summer de- pression, are being put back to work and some of the larger mills are op- erating 24 hours a day, Labor is plentiful. KANSAS CITY — The Pickere! Watnut company, of St. Louls, is purcharing large quantitigs of wal- nut logs preparatory to the build- ing and operation of a plant here. Tobacco ATLANTA — Seventeen Georgia warehouses sold 6,882,716 pounds of tobacco in the last week at an aver- age prico of 24,21 cents a pound. Sugar. NEW ORLEANS—The heavy de mand for sugar is taxing the ca pacity of focal refineries. Shipmonts are heavy but seme refiners arc thirty days behind in deliveries Prices have advanced 30 cents a hundred pounds in the last week. Fish. MONTEREY, Cal.—Packers here and at Southern Callfornia points are canning only about 60 per cent is many lobsters as last year, — / Groceries, PITTSBURGH—Better activity in ie steel and coal and coke indus- jes has been reflected in healthier stribution of wholesale groceries the demand from agricultural ctions is satisfactory. Dry Goods. ATLANTA—Atlanta jobbers in the last week experienced the best woek they have had since early spring. Thousands of retailers were in the market. Merchants here a optimistic over the prospects for fall although retail trade now is in the dullest period of the year. Textiles. BOSTON—The Lowell plants of the Massachusetts Textile mills wil! be cloned on vacation until Septem- ber 15. Cotton. BHREVEPORT — The Louisiana Cotton Growers’ Co-operative Mar- keting association has decided to make an initial payment of 15 cents & pound on the 1924 cotton handled by the organtzatjon. Total payments for the last crop wére $4,023.387. The 29,890"bales handler brought an average price of 28.23 cents a pound ‘ntead and Duqu HOUSTON—Although dry weath- er is hurting cotton in some sections the latest figures for the state indi. cate a yield of 4,483,00 bales of nearly 300,000 bales more than in 1923. Steel. PITTSBURGH—All mills of the Carnegie Steel, company at Home- are in opera- tion and tonnage sho\% a large in- crease over that for the correspond- ing period of last month. The out- look is exceptionally bright, acoord- ing to steel men here. CRUDE MARKET Cat Creek ----.----------_--$1.45 Lance Creek 1.40 sage 1.40 jrass Creek, Ught -. 1.45 irass Creek, heavy 90 reybull .-. 1.40 Corohlight -.. 1.40 Sie Basin -.---ncn--n=—— 1.45 Rock Creek -----e-ene------—— 1.20 galt Creek .-----.--.---—--—-- 1.10 Pilot Butte Clean Windshields. Is much of the trouble thet motor car drivers experience from head- light glare, due to'the condition of their own windshields? The American Automobile associa- tion says yes. Dusty or dirty windshields greatly distort the ght rays that come through them at night and thereby produce additional glare. The windshield can become a Ait fusing lens if not properly kept clean. h particle of dust, being partly transparent, serves to diffuse or bend a light ray, and the result is that the man who looks through the windshield at an approaching duce sun glare in day time, mint mizing the possibility of an acci- dent. Must Safeguard Traffic. George M. Graham, chairman of the Traffic Planning and Safety committee of the National Auto- mobile Chamber of Commerce, has formulated certain principles of transportation which are worthy of public attention. Here are three: “Highway traffic must be safe guarded, the public educated to pre caution and the reckless punished, “The competence of every driver should be approved hefore he is per+ mitted to drive a motor vehicle upon the public highway. “We oppose undue speeding and fibadviseed use of highways when weather conditions impert] the pub- lc investment.”* Whether @ motoriat or @ pedes- The motorist who ignores the tights of others on the highway and -akes more than his share of the foom—the “road hog’’--is often re- sponsible for motor car accidents, the police of Chicago, Detroit and several other large cities recently aunched drives against this in- dividual. Courtesy is just as essential In motoring as it is in any other phase of Ufe. Acting with a bit of care and courtesy will often prevent accidents. In cities where automobiles are compelled to stop before crossing so-called “through atreets,” it is in- teresting to note how many cars on the through streets refuse. to si Grivers on the intersecting streets an opportunity to pass. Two gentlemen on the streets don't in- sist on crossing the same spot at the same time. Courtesy prevails and cne goes first; the other must follow. This “after you” spirit is safe and commendable. Rescued By NBA Airmail Service Here is Lieut. Locatell!, the Ital- fan airman, who, with his three com- panions, ‘as rescued by the Ameri. oan cruiser Richmond after tossing about for more than 80 hours in his disabled seaplane in the rough North Atlantic waters. Locatelli, who had obtained permission to accompany the American ‘round-the-world flyers on their trip across the Atlantic, was forced down between Reykjavik and Fredericksdal, Iceland, i DID YOU KNOW— THAT because gasoline evapo+ rates and jos ite “pep” while tanding a oar that is stored for any length of time is quite likely not to start unless encouraged with some fresh fuel? BURNS OIL IN ANY STOVE OR FURNAGE Cheaper Than Coal Or Wood—Gtyes Twice The Heat In Halt The Time A wonderful new burner which works in any coal or wood stove ov furnace is the proud achievement of the International Heating company, 119 South 14th street. Dept. 5123, St. Louls, Mo. This remarkably simplo and inexpensive invention heats stove and oven in half the time and does away with all the dirt, ashes, and drugery of using coal or wood. It gives one of the hottest and quick- est fires known, controlled by «& simple value. It can be put intoany stove in a few minutes. Theo pres- ent low price of oll makes it a great money saver, The manufacturers offer to send this remarkable inven- tion on 30 days’ trial to any reader of this paper. They are making a special low price offer to one user in each locality to whom they can refer new customers. They also want agents. Write them today,—Adv, $5.00 Reward Five do‘lars re'vard will be paid to the party furnishing the Casper Dally Tribune information leacing to the capture of the person who is fraudulentiy collecting subscriptio from Tribune subscribers. Patro of the paper should not pay ene their subscription except carrier who delivers the paper an authorized collector from % oftice. If you are not sure you & paying the right collector, asi Be (0 show his credentials. If an. the headlight imagines that he 1s the victim of someone else's careless: ness. Tho glare is largely his own fault. A clean winashield will also re- not do so please call the Tribune. Telephone 15