Casper Daily Tribune Newspaper, November 5, 1924, Page 8

Weather Condition in — - WEDNESDAY, NOVEMBER 5, 1924. _ Election Discounted by, Millions of Automobiles By J. C, ROYLE, (Copyright, 1924, Casper Tribune.) NEW YORK, Nov. 5.—The Weather on Tuesday in various sec: tions of the country probably had less effect on the election results than in any previous presidential election yesr. This was due to the rapid increase in use of motor ve- icles and to improvement of the Wighways in the country districts. ‘There were 9,231,941 motor vehicles in the United States at the time of the election in 1920. This number has now increased until it ts esti- mated today by executives of some ot the largest manufacturers at over 17,000,000, or one to every seven residents. There were 8,179 miles of new highways completed with federal aid last year alone, while the total improved roads totaled 95,047.51 miles. Salt Creek Given Boost In Fort Collins Speech “Do not be deceived by the talk tat Casper will soon be done as a 2 center," was the declara- tion of H, M. Gunn, former Midwest Refining company tax commission: er, in an address at Fort Collins of crude daily for ca- pacity runs and no sane man con- nected with the ofl industry ques- ons that Salt Creek will produce : ) than this amount for 20 years come, as witnessed by the mil- 1924, Tribune) (Copyright, “8 cope BOSTON—High prices prevailing for wool abroad are held accountable for the heavy drop in imports at this ES 98,421,000 pounds have been imported this year. Packing House Products. KANSAS CITY—Good prices pre- {vail for hogs but prices for pork loin have declined from three to five cents a pound. Jewelry. | PHILADELPHIA—Wholesale jew- c sales have been keeping pace Sith those of last October, which ‘were among the largest on record. Orders now are mainly for prompt’ shipment for the holiday trade. Dry Goods. CHICAGO—The country’s leading: mail order houses here report sales for September and October 2° per cent over-this time a year ago. De-| partment stores the past month re- port a gain of 23 per cent in busl- tom Fruit. JACKSONVILLE, FLA. — The state authorities are re aerket cnc C4 vigorous campaign to preven! Ip- ment of immature citrus fruits, A rigid system of inspection {s being instituted. ; Tobacco, DANVILLE, VA.—Seven tobacco auction houses here have just passed through the busiest October ia Dan- ville’s history. The October deliv- ere of bright leaf broko all records. Hons invested by the Standard Oli company, the Midwest Refining company, the Texas and the White Eagle Refining companies—all of whom are supreme judges of condl- tions {n the field." statement wes made by Mr. Gunn in predicting for Fort Col- lins a refinery in the future. He made mention of the necessary fac- tors for establishment of such an industry and said the Colorado town was in line for an oil refinery, ES More than 1,000,000 pounds was on An average price re- ported by Acrees auction house. An: sale at one time. arcund 37c¢ per hundred was and Iomon wrappers reached 75c. reduction with assurance time employment. Rubber. AKRON—Firestone Tire and Rub- ber company officials say there must be a curtailment of tire production to “stabilize “condititns. The offi. clals say production has been above consumption: normal mid-summer for 90 days. 108, ANGELEEChristmas toys made in France are competing here with Asserignmade toys. pasert Standard Of! of Cal. -,.--.-- show more n.20 car loads of French toys have been sold in Log|Studebaker Corporation -. two Angeles stores in the months, last z Steel. PITTSBURGH — The American Bride company has received an or- der for ten thousand tons of ste¢l for the new Broad Street station at Philadelphia, 1924, Casper Ege: tl CHICAGO, Nov. 5.— month has seen notable improve- ment. in general business in the middle weet. This is attributed to ‘higher prices for farm products and larger yields than forecast for wheat, rye and barley. Wholesale trade is estimated to have increased 16 per cent with nearly all linos sharing in the improvement except meat and shoes. Although whole- sale pricés for farm products cloth- ing and fuel declined a trifle, food products, building materials and chemicals advanced. ROANOKE, V1 Nov. 5.—The Roanoke Rapids Transit company, a subsidiary of the Roanoke Rail- way and Electric company, has filed an application’ with the state cor- CONVICTS ARE FOUND IN BOX -ONRAIL TRAIN ST. MARYS, Kans., Nov. 5.—Two federal convicts in prison garb were takén from Union Paelfic train num, ber 103, westbound, here after the éxpressman had found them cutting thettiselyes out of a box five by four by two feet, which was being shipped to Washington state billed as a box tne oe wie placed on the train Lawrence, to which point it had been expressed on a branch line from Leavenworth, The express: man discoveréd the men between ‘Topeka and St. Mary's. He turned them over to the sheriff at st. Moot convicts were said to have been in a weakened condition and thelr names could not be learned. Their uniforms bore numbers 19756 and 20331. When taken Into custody y red no resistance. eH tre bok with the convicts were found two chisels, two knives and one black jack. PHILADELPHIA, Nov. 5.—U. 8. pA ot ap ef Quantico, Virginia 14; Dickinson College 0 BUSINESS BRIEFS poration commission for authority |. to operate busses in this vicinity. This marked the first effort of a in Virginia to institute motor vehicular service. street car co) DETROIT, Nov. 5,— Revenues from auto locenses in this state for the first nine months of this year were approximately $12,000,000, as againat $10,500,000 for the entire year of 1923. FORT WORTH, Nov. 5.—Loans by the Federal Reserve bank of the eleventh ict showed a decrease of 50 per cent in September as com- pared with August, while depart- ment store sales in the same period increased 60 per cent. October sales, however, were slightly lower, owing to hot weather. Market Gossi Only Operator Active. At this late in the season the Pro- ducers and Refiners corporation is the only company actively continu ing to operate in Baxter Basin field, Sweetwater county. Other com have closed down for the ell which was started ago is down approzl. mately 1,750 feet and is casing with 12%-inch pipe. Location of this well is on section 13. Hale Dome Drilling. ‘With 9 hew rig constructed over. its original test, the Union Oll eém- pany of California is going ahead with the hole from a depth of 2,005 feet. A string of collapsed casing has been sidétracked, and though there is now a fishing Job for lost tools, the drilling of this potential Dlack ofl dome in Hot Springs county Is expected to reach objective sands in g0od tine. Bull Creek Shutdown. In order that new machinery may be installed the Bull Creek test well in Crook county is temporarily shut down. . SILVER N YORK, Nov. 6.—Bar silvér, sobs, Mezioan dollars, 63% ‘Altea Chemical & Dye oor--- 14% American Can —-ce-sec-wwer--140 | Bessemer ~--enee--—= 13015 American Car & Foundry -...166 | Boston Wyoming -.-. .§0 90 American International +.---- 30 | Buck Creek -ere-w--- 12.15 American AV@ <-------~ 80% | Burke ~----. 20 23 American Smelting & Refg. -. 83% Balt Creek .12 American Sugar -----.------- 39% -08 American Tel. & Tel -..------128% 05 American Tobaceg -wer~166% |Central Pipe --- - 1.10 American Woolen wevwwwe 54% 1.15 Amer, Zine, Land & Smelt --. § Anaconda Copper ~.-e--ewer-= 37% Atchison ~-~--~------ ene ---- 09% Atlantic Coast Line ~,.---...-140% Baldwin Locomotive ----..----121% Baltimore & OWl0 wreeernee--- 63% Bethlehem Stee! ~---eeeeeeeee- 41% California Petrojeum -,.-----. 22% Canadian Pacific ~~----.-----~lil% Central Leather ~..-.-..------ 15 Cerro de Pasco ------~------ 46% Chandler Motors seerer---e--- 3115 86 63% Chicago, Mil, @ St. Paul. pfd. 22 Chicago, R. I, & Pac, --------~ 35% Chile Copper ~-r00-----9, Coco Cola, ~+--erer--. wenen Colorado Fuel & Iron ---.----- Congoleum -..-....... Consolidated Ges Corn Porducts, Cosden Oil .. Crucible Stee! Cuba Cane Sugar, pfd. -. Davison Chemical ~~. Du Pont de Nemours Famous-Players Lasky -----. General Asphalt Great Northern, pfd. -.--.,--- 66 Gulf State Steel ~------—-..-. 71 Int. Mer. Marine pfd, --...--~ Int, Tel, & Tel ~--enowerpene-= Invincible Oil -~-..-s--2------- Kelly-Springtield Tire --...--- Mack Truck -.. Marland Oll -.. Js g@eeeenteersewsnne Slose-Sherfield @ Tron --. 69 Southern Pacific -..-... Southern Railway --... Standard Oil of N. J. -.. Wexas Co. ..-----. Union Pacific United States Rubber -... United States Steet Westinghouse Electric --_.. Wily#Overland -..-..--.---. 8 Woolworth woeseweeceee eevee --110 Gal. Sig Ola Pfd. 116 Gal. Sig. New Pfd. .--103 © 106 Illinois Pipe ---+------125 128 Indiana Pipe - 76 National Transit --.. 22% New York Transit ...--. 61 63 [Northern Pipe -.---.--- 73 75 Ohld Ol] ---------- 66% = 67 International Pete. --.-. 19% 19% Penn, Mex. 2-183 W. Penn, Oll -------- 73 8. O. Ind u sttrrtrreceteesen = LANGE, ~-er an weensee-orenn-= r-——---138% BHO -rennrecweenweney—mo-eeone 28% wenennnnnwen 43% General Electric ~--~—------257% General Motors —~-.—-------= 57% 16% Kennecott Copper ,..---------- 48% othef handling long leat made 5ic| Louisville & Nashville -.-.....100% % 6955, ‘Southern Railway, pfd.—.-... 76% 59% United Drug -+-+------eeeee- 99% 'U. 8. Cast Iron Pipe -.------128% U. §& Ind. Alcohol .. we 74% ~ 33% woe 109% Utah Copper. ----..+-.-----2-- 80% ~ 63% Anglo Am. OW .. 19 Borne Scrymser .. 220 Buckeye -----~----. 62 Chesebrough Mfg. 49 Chesebrough Pfd. .. 113 115 Continental” -.. 50 Crescent 14% Consolidated Royalty- Cow Gulch --.«- - 02 Jupiter Kinney Coast Lance Creek Royalty . 00% Marine ------.-—-e--0-- 1.00 2,00 Mike Henry ~--------- .00% 01 Mountain & Gulf ---.1.30 1.40 New York Oil -.-..----10.00 11.00 Picardy ... wire 08 © «03 Preston ~..-—-------- 01 01% Red Bank ~.----------27.00 23.00 Royalty & Producers = .03% .04% Bunset --.-----------. 05 07 Tom Bell Royalty ---- .02 Western Exploration — 3.15 c Western States -. ll 12 ie ON Sicetmey Setters 05 06. NEW YORK CURB CLOSING Bid Asked Mountain Producers — 20.00 20.12 Glenrock Oil ~ 15 25 Salt Creek Prd 26.25 26.50 Salt Creek Cons. - 7.87 8,00 New York Cu —.----. 3,00 11.00 <- 209.09 210,00 Mutual ~. 11.12 11.26 8. O. Indiana - 57.37 67.50 ——= Chicago Prices. CHICAGO, Nov. 5.—(U. S. Depart ment of Agriculture.}—Hogs—Re- ceipts, 21,000; slow to strong; under- weight, 25@60c higher; big packers inactive; demand broad at top, $10.15; bulk 250 to 225 pound butch- ers, $9.85@10.10; majority 160 to 225 pourd averages, $8.60@9.75; bulk 140 to 150 \pound weight, strong weight rlaughter pigs, $8.75@) ; heavyweight, $9.65@ 10.15; medium, $9.20@10.15; light $7,85@9.75; ight light, $6.50@8.s0: Packing hogs, smooth, $8.85@9. grades yearlings, steady to strong spots highor; welghty fed si 8 ex yearlings, pounds; $13.00; few loads, average $12.00@12.60 steers in liberal supply; vealera to packers, $9.00@9.50; out siders, upward to $10.00; and feeders, slow lambs, fully steady; strong; bulk fat natives and come and $14.25; culls. $10.50@11.00 choice rangers, $12.85; some helc higher; sheep, steady; fat ewes, $5.0/ @6.75; feeding lamls, 25c higher bulk, _ $13.50@14.06; $14.25. Omaha Quotations. OMAHA, Neb. Noy. 5.—(U. 8. higher; better grade; 200 to pound butchers $9.004p9.40; top $9.50; bulk of all sales $8.3:1@9.35. ings slow, steady and cutters §2.50@3.50; ward to $10.50; bologna bu! 143.50; stockers and feeders $5.25@ 7.40, Denver Prices. DENVER, Colo., Nov. Receipts, 500; quality plainer; fully steady; early top, $9.25; good to choice 180 to 220 pound weights, $9.10 to $9.20; medium to good, $8.00 to $8.50; packing sows, $7.75; stock Digs, scarce. Cattle—Recelpts, 1,450; calves, 150; eanners and cutters, fat she stock, strong to lic. higher; ohter killing classes, steady; stocker offerings, slow; better grades fat heifers, $5.60 to $6.00; medium to good cows, $4.50 to $5.25; canners and cutters, $2.25 to $8.15; bulls, scarce; good to choice vealers, $8.00 to $9.00; medium heavy calves, $5.00; early sales stockers and feeders, $5.75 to $7.10. Sheep—Receipts, 13,800; part of run through; early sales fat lambs, around I6c higher; two loads choice 93 pound Arizonas, $15.25; no fat ewes offered; feeder lambs, $13.26 to $13.30, strong. MONEY NEW YORK, Nov. 5.—Call money firm; high 84, low 2%, ruling rate 2%; closing bid 3; offered 3%; last loan 3; call loans against accept. ances 2. Time joans easier; mixed collateral 60-90 days 2%@3; 4-6 months 3%; prime commercial pa- per 3@3%. Butter and Eggs CHICAGO, Nov. 5.—Butter, un- cahngéd; creamery extras, 38% standards, $7c; extra firsts, 36@387 firsts, 3244@34c; seconds, 29%@ B0%e. Eggs, unchanged; receipts, 9.327 cases; firsts, 42@4Sc; ordinary firsts, 3T@ 0c. RR IS “OR eR AND QUOTATIONS B¥ LEASED | $8.00@8.40;} “ large-| y ly $7.00@7.60; packing sows, mostly packing hogs, rough, $8.50@8 slaughter pigs, $6.50@7.75. Cattle—Receipts, 15,000; better tremely slow, weak to 25c lower; best 1,012 */ strictly choice kindw, scarce; welfhty fat she stock. active, strong; canners and cutters, strong; bulk canners, $3.00 @3.25; bulls, active, fully steady; de- sirable weighty bolognas, $4.25 and above; calves, steady; bulk desirabl< stockers Sheep—Receipts, 14,000; active; fat undertone backs, $13.75@14.00; outsides, $14.15 top Montana, De- partment of Agrictilture.)}—Hogs— Recelpts 4,000; mostlr steady to 10c 300 Cattle 7,000; fed steers and year! to weak; spots 10 }] @15c lower on short feds; bulk grass | cows and heifers $3,75@6.00; canners practical veal top $10.00; few to outsiders up- $3.10 Sheep—Receipts 3,500; wool lambs ON EXCHANGE Confidence Grips Traders As Outcome of Tuesday's Election NEW YORK, Nov. 5.—Wall street today acclaimed the Republican vic- tory in the presidential election with an impressive bullish demonstration in the stock market, which carried nearly two score stocks to new peak prices for the year. Buying orders Were well distributed throughout the list but the railroad shares were con spicuoysiy strong on the theory that the makeup of the new congress as: sured the safety of the transporta- tion act of 1920 and the consumma- tion of several mergers now under negotiation. ‘otal sales 1,700,000 shares. approxi. mated NEW YORK, Nov. 6.—Stock prices bounded upward at the open- ing of today’s market jm reflection of the impressive republican victory in yesterday's election. The first sale was a block of cne thousand shares of Bethlehem at 42, up one point. Net gains of a point or more on initial sales also were recorded by General Electric, Gen Motors. Texas and Pacific and H. R. Mallin- son, Montgomery Ward and Amer. {ean Radiator broke through their previous high prices for the year. Realizing sales mado their appear- ance in the industrial group before the end of the first hour, U. S. Steel, Baldwin, General Motors and some of the other standard shares losing their early gains. Rails, however, show8d consistent strength, Union Pacific extending its gain to two points, Wabash preferred A to 2% and New York Central, Chesapeake and Ohio, Chicago and Northwestern and Southern Pacific sold a point or more above Monday's final prices. New 1924 highs were recorded by Missouri Pacific preferred, Atlantic Coast Line, Wabash preferred A, Seaboard Airline common and Katty” preferred duplicated the ar’s top. Buying of the rails was stimulated by another record-break- ing week of carloadings. Forsign , | °xchange opened quiet and steady. 4 Railroad shares showed impressive strength throughout the morning with the industrials making good recovery from the heaviness which followed the first wave of profit tak- ‘ng. Indications that President Coolidge, would have a working ma- fority in both branches of congress stimulated the buying of all classes of stocks. “Big Four” jumped 7% Mints, Jersey Central 4% and Union Pacific 3% while nearly a score of other rails moved up one to three points, many at new 1924 peak American Can was bid up the highest price ever Total sales in the first -f hour exceeded 450,000 shares but the volume of trading naturally receded in the second hour. Call money renewed at 2% per cent. The change {n market sentiment was reflected in a more striking ‘ashion in the afternoon when nu- merous industrials and. specialties »‘egan to show buoyancy. American Radiator climbed 5%, Goodyear pre- ferred 544, General Electric 4% and Consolidated Cigar preferred, Rail- way Steel Spring, United States In- dustrini Alcoho), Sears Roebuck, As- sociated Dry Goods, People’s Gas and Central Leather preferred 3 points. American Can continued the leader of the active shares touching 141. Tower Talk Oil men in Wyoming rejoice today at the defeat of the propused sever- ance tax amendment. It is im- probable that it will soon again bob up after the serious crushing it got yesterday. strong; natives $13.25@13.50; fed a 3 westerns mostly §$13.50@13.86; top| «we know there Is oll in- Baxter $13.85; no fat range lambs here. Basin,” oe a writer ia ihe Rock Springs Rocket. ‘Talking along this line he declare: The paramount issue in this section of Wyoming (Sweetwater county) is oil. That is the subject that gets attention every minute, There is a rock-ribbed be- Uef that an underground sea Hes beneath every foot of Sweetwater county. People are expecting oil. Ardent prayers are in every mind urging the coming in of ofl to make Rock Springs the oil and gas capital of the west." | POTATOES CHICAGO, trading slow; m 5. — Potatoes, receipts, 98 cars; total United sta ship- ments, 848; Minnesota and North Dakota sacked Red FR Ohtos, 95c@$1,05; South Dakota sacked Early Ohios, 8¢@90c; bulk, 70@80c; bulk round. whites, Tic; Minnesota and Wisconsin sacked round whites, 65@85ce; Wisconsin bulk — round whites, 75@90c; decayed, 55@65c. BANDIT SHOT AND KILLED NEW YORK, Nov. 5.—Deserted by his companion, who fled in a taxicab, an unidentified banait held up the’ cashier of a resta nt at ‘the point of a pistol in lower New York early Tuesday, was shot and killed as he fled before a fussilade. of shots fired at him by two pur: suing policemen. His body, with who two bullet wounds in it, was found In a basement to which the chase led. - PRICE GAING Chicago Market Responds to Upward Trend in Win- nipeg Market CHICAGO, Nov. 5.—All grain scor- ed upturns in price today as soon as the market opened. Wheat display- ed particular buoyancy, jumping -% cents to 2% cents in the first trans- actions. Unexpected advances -in price yesterday at Liverpool and Winnipeg while exchanges in this count were closed on account of the election had apparently much to do with the upturns here, Trading on @ liberal scale with gains holding well during the early dealings, In- {tial quotations on wheat were $1.42 @142% for December and §$147\% @1.48 for May. Subsequently, aggressive buying set in, based more or Jess on ex- pressions of pqst-election optimism. With offerings light, the market made a decided further advance. Word that purchases for export yes- terday totalled 2,000,000 bushels was a material help toward the strength- ening of values. The close was firm, 2% to 4% cents net higher, Decem- ber $1.43% to $1.43% and May $1,50 to $1.50%. Corn and oats sympathized with the action of wheat. Corn started at %c to le advance, December $1.06 @1.06%, and later was but little be- low the opening top level, Additional upturns took place afterward owing to prospects of wet weather likely to delay husking. The close was unsettled, 1% to 2c net higher, December $1.07%. In oats, the first prices were half cent to lc up, December 4?%c and subsequently were still pointing higher. Provisions lacked support, despite firmness of hog values. Open High Low Close ‘Wheat— 10% 1.12% 1.10% 111% 50% 54% 53% PRESIDENTS AY J.W. AUIS WASHINGTON, Nov, 5.—John W, Davis today congratulated President Coolidge on his election to the pres!- dency. “Permit me to congratulate you," Mr. Davis telegraphed, “on your sweeping victory and to express the hope that your administration may by its success inure to the welfare of the country. President Coolidge sent this reply; “Please accept my thanks for your message and my appreciation of the patriotic sentiments you express.” NEW YORK, Nov. 5.—John W, Davis, Democratic nominee for the presidency, in a public statement issued today accepted the outcome of the election “without any vain regret or bitterness” and said it was his honest hope that the “adminis- tration of President Coolidge may prove successful and beneficial to the country.” NEW YORK, Nov. 5.—Ellen B. Davis, wife of John W. Davis, tele- graphed Mrs. Calvin Coolidge today @ message of congratulation on “her husband's victory.” Mrs, Davis sald: “Plesse let me congratulate you on your husband's victory." TOO LATE TO CLASSIFY FOR RENT— Large, comfortable sleeping room, next to bath;. pri- vate family; privilege of renting garage. Phone 1267W. The Hudson Coach is a real car for a lady to handle. ing, Easy Driv- holds the road, Call for Demonstration. Arrange for Your Winter Storage Warm, Clean Garage. Rates Reascnable. 223 North Durbin Phone 1146 MRS. NELLIE T. ROS election to succeed her husband is indicated in returns from Tuesday's that election. THANKS VOICED 2 Fis 0 5) eae feans have al 7% 1.50% 1.4 me. 33 1.34% 1, common sense of 1.08 1.05% 1.07% Jhave no o} 111 1.09% 1.11 thelr welfa OVERELEGTION his election was assured. equals it, no o' proaches it try and of “In the perf: Il my countryr Cal oe Fas east ates PAGE SEVEN. Livestock :: All Markets STOCKS SOAR = (GRAINS SCORE. | Goyernor-Elect . widow of the late thing more than consideration w y ap-| When it is confirmed | vote The Braun, 30,209, ormance of the duties ONE SET OF 6 HOUSEHOLD BRUSHES A brush for every need REGULAR $7.50 SET The CAMPBELL HARDWARE CO. 147 South Center Street Phone 425 Governor BERGER LEAD was: Every Thursday peciais THURSDAY SPECIAL yt Ross, whores he @ in nev of my office I cannot ask for any} the sympathetic I have no appeal except to the all the people. h my fellow Amer ays bestowed upor 1 have no pledge except to serve. ELECTION OF : IS . ver i met rami rany|Vietory Accepted as} MA FERGUSON = 1.30% 1.23 1.29% V £ Confid ay. ote of Contidence Dec. -----18.90 14.10 13.82 13,90 F Pucd ree Jan. -....18.90 13.95 13.75 18.85 for Ribas rom f eopie. cs ms Jan, ...-- ee b i] ae ISTIN. , DT tides Bellies— °°] WASHINGTON, Nov. 5—Presi-| Pesstinhlan ibe siipleee AA - Nov. -.--13.6 07 13.05 13,07 | dent Coolidge, having received a vote | AS#oclated Press).—Refus' cone te , 6 ASOT 1805 1807 | of contidence trom. the. American cede the election of Mrs. Miriam Algo voter, teday expressed his “simple | Ferguson, democrat, as governor off! thanks" as ono-of his first acts after | Texas, George C. Butte, republicar candidate here today charged tha(*F® “Tt does not seem possible to me,|{" many counties ballots in which °™ Mr. Coolidge said in statement | his name had been written in on tly which he read to the newspapermen, | @¢Mocratic colwinn had been illegal) | “To make an adequate expression | !¥ thrown out. He said he had many concerning the presidency of the| reports to this effect. United States honor | by overwhelming choice of | the an people and vote | he, of electoral college, _ th bes F are all the ‘ te I can only express my simple thanks Congratulations Upon to all who have eto d to =a ms * iu this result and plainly acknowledge w vis., Nov. 5.—Ort mi } Election Extended abit has been (uratgnt ta pa 4 cial returns and ih thr work of a divir } ts missing in the. & By Opponent. dence, of which I am but | firth district, Congressman Victor L.)}q ment. powers as J t Berger, Socialist, ts trailing BE. Icate to the services of al Braun, Republican. Berger, 29.0)