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

emcee tt — ny | FRIDAY, NOVEMBER 14, Oil :: Merchandising Vessels of _ United States Go Begging / » BY J. C. ROYLE (Copyright 1924, Casper Tribune) NEW YORK, Nov. 14.—Merchan- dising! ships that nobody wants is a tough proposition, ‘The idle ship. ping ‘board fleets and the gray hairs of the executives of the Emer- gency Flees Corporation attest that fact. But the United States ship- ping board took the first step in a new sales policy this week when they awarded contracts for 18 die- sel‘engines to convert a similar number of vessels to motor ships. Shipping mén have told the board there were plenty of ships.to handle the world’s commerce outside those the board has in its possession. There is little question of the truth of this statement and the board it. self Virtually. has acknowledged it. ‘That is; they have tacitly agreed that there were ‘too many ships of the wrong type. The board now is pfoceeding on the theory that it is necessary to spend money to save money arid sell ships. Awarding of the diesel contracts will have an immediate effect tn many parts of the country, since the contracts were scattered from New England to Oakland, Calif. This effect will be heightened by the placing of contracts for the auxiliary machinery and by the ac- tual work of conversion in the ahip yards. But the real effect of the move, the first step of which will Cost $25,000,000, will not become ap- parent until the ships actually are in operation. There is a demand for diesel en- ined ships because of thelr econ- omy. On gome runs the differ- ence. in cost of operation is esti- mated as high as 30 per cent. The shigping board {s proceeding on the theory that if these diesel ships of the hoard are made ready, they will find ready charterers and purchas- ers among shipping companies who will retire their oid coal burners in fivor of thé more economical type. supported in this way by record of the Seeconck, a Hog znd type freighter, which was « averted Ly Willam Cramps and «Copyright 1924, Casper Tribune) 1 eastern * Livestock | CHICAGO—Large supplies of beef 1924, Finance Sens and which has been in excel- lent demand ever since. It is doubtful, however, that the board, even by the expenditure of this extra money, will recover from future purchasers anything lke What the ships cost. Some of the Hog Island freighters, it is said, stood the government as high as $220 a deadweight ton to build, Marine engineers estimate the cost of the conversion to the diesel type at around $75 a deadweight ton and the shipping board hopes customers at @ fairly broad margin above that amount, perhaps around $100. Marine engineers understand that since the emergency fleet ts nation. ally owned, whether it is an asset or a liability, that a spreading of awards over a geographical area was both wise and justified. What some of them can not understand is why 13 engines were of the single acting type, costing $87.50 per horsepower, as compared with five double acting engines, which cost $76 per horsepower. The fact that the work of install- ing this equipment is bound to take place, however, is a tremendous re- lief to ship yards. One of the lar- gest yards of the country is said to have been paying a deficit of $150,000 a month in order to keep the yard open. The program un- doubtedly will furnish work to thou- sande and will require materials which will aid in the stabilization of @ dozen outside industries. Almost as important ds this do- velopment is the announcement that bids will be closed December 5 on the construction of the pasenger Uner to be built for the Matson Nav- igation company by the American- Hawatian Steamship company out of excess profits paid into the con- struction and loan fund of the ship. ping board. The possible bidders who include every qualified yard in the country, have been asked to name a lump sum for construction of the ship according to the new specifications which will mape the vessel as @ naval auxiliary in time of war. markets is reported. Textiles \ere glutting the market, despite the| BOSTON—Textile men are walt- | decrease in receipts at stockards. | Prices of pork ean wgeet A bers Kot, pdyanced wvith the increase ine all pack- ‘hog valyées. Business in ing house products has been slow the past few. days. — NEW ORLEANS, La.—Mills of the Southern Pine Association last veck received orders for 83,500,000 feet, an increase of 7.7 per cent. | Shipments were off 9. per cent to 73,800,000 feet. Production totaled 70,000,000 and unfilled orders aggre- (Bate 237000,000 feet. Paint FLINT, Mich.—The Du Pont ‘de Nemours company of Delaware bas {acquired a controlling interest in’ ithe Flint Varnish and Color Works / and will transfer the manufacture of Duco automobile finishes to the ‘plant here, doubling the output of | the local works. | Fire Arms | SPRINGFIELD, Mass—The Smith and Wesson firearms plant here, which has'been closed down since Jul 14 will reopen next Monday. Wool . BURNETT, ‘Des Spetrents, Ree “being aligned for ungrown at | B0c bs pound and over. The pros- pects are that sheep will take the \ place of cattle on many ranges. { | ‘Christmas Trees DULUTH—A record cut of Christ- mas trees is forecast from the num- ber of men being sent into the northern Minnesota wods for this Vpurpose. A strong demand from (Copyright, 1924, Casper Tribune) ST. PAUL—Business in this sec- tion has increased enormously with- in the last week, owing to stimulus of colder weather which accom- ‘panied the first snowfall. Retail \trdde {n the Twin Clitles is heavy and {s featured by extensive holiday buying. Factories are beginning to expand with a consequent increase in employment. Rural districts are flooded with salesmen, who are find- ing greatly improved markets, al- though the northwest farmer has profited by his post-war lesson and is paying his debts before buying luxuries, Northwestern trade ahow- ed, total of over a billion dollars last month, a gain of 19 per cent. 4s measured by bank debits in 16 leading cities. i —_ DETROIT — The Michigan Bel! ephone company plans the ex- penditure of $86,000,000 for plant expansion during the next five years, making a total property in- vestment by the company of $150,- 000,000. ‘The company expects to add 34,000 phones next year and 163,000 In the next five years. DENVER, COLO Construction will start shortly on a rail line to ronnect the Moffatt road at Orestod ith the Denver and Rio Grande egtern lines at Dotsero. That it Shorten the distance to Salt ake City from Denver by 173 miles. ‘he link will cost $2,500,000. that sales next spring will be larger than anticipated heretofore. Turkeys ST. LOUIS—There is a shortage of turkeys in the Ozark region this year, the birds having been killed by the cold wet spring. Floor Coverings { BLOOMSBURG, Pa.—The Magee Carpet company will start work December 1 on a $500,000 addition to its factory here, which will employ 100 additional hands. Woolens SBATTLE—The Matson Woolen milis here will double their capacity November 15. Entire 1925 output ‘of woolens and flannels amounting to one million yards has been sold, principally in eastern markets, t Steel PITTSBURGH — Heavy melting scrap is quotable in this market at $20 a ton, an advance of 50c to $1 over the previous price. The Pennsylvania Raflroad has taken bids of 40,000 tons rted at a price said to be higher than quoted the last time the same companw put out inquiries. BUSINESS BRIEFS Refunding Bond Permit Asked. WASHINGTON, Nov. 14.— The Chicago and Northwestern Railway today asked the Interstate Com- merce Commission for authority to proeure the authentication and de- livery of $1,904,000 of five per cent Tirst and refunding mortgage gold bonds with which to refund the first mortgage bonds of the Minnesota- Towa Rai!way company, which ma- tured June 1, 1924. The road also asked authority to procure tho authentication and de- livery of $1,656,000 of five per cent general mortgage gold bonds with which to reimburse its treasury for funds ‘expended to Astire certain existing bonds. POTATOES CHICAGO, Nov. 14,—Potatoes trading moderate, market firm; re- esipts 113 cars; total U. 8. shipments 812; Minnesota sacked round whiter 90c@$1.05; few fancy shade higher; Wisconsin sacked round whites 850 @$1.05; Minnesota sacked red river Ohios $1.15@1.20. SUGAR NEW YORK, Nov. 14.—Refined sugar was quiet at $7.15@7.25, for fine granulated. Refined futures were nominal. Bonds New York Stocks Last Sale Allied Chemical & Dye -..-.- 7571 American Can -~...--..------ 151 American Cer & Foundry 173 American International 32% Ameriéan Locomotive - 83% American Smelting 4 Refg. S4% American Sugar --.-. American Tel and T American Tobacco ex div. American Woolen ~..-------- American Zino, Lead and Sm. Anaconda Copper -------. Atchison ~.-----..-------. Atlantic Coast Line -..-..--. Baldwin Locomotive -------. Baltimore and Ohio ---.....- Bethlehem Stee! California Canadian Pacific -. Central Leather --. Chicago, Mil & St. Paul pfd. » RR. I. and Pac. -.. Chile Copper -~.----.--- Cola ~-2------------~2-= Colorado Fuel and Iron Congoleum Consolidated Gas eeen-- Corn Products, new -~.-.-.-. Cosden Oil -.. Davison Chemical - Du Pont de Nemours Erie Famous Players Lasky ---..--86% General Asphalt -. General Electric --.--.------ 266 General Motors -.--. = 59% Great Northern pfd. --------- 66% Gulf States Stee) ~--..--—. Houston Oil .... Illinois Central International Harvester -. Int. Mer. Marine pfd. Int. Tel, and Tel, Invincible Oil .~. Kelly Springfield Tire Middle States Ol! Missour!, Kan. and M Pan American Petroleum Pennsylvania Producers and Refiners - Pure Oil ex div. - Sinclair Con. --------------- 18 Sloss Sheffie‘d Steel and Iron 73% Southern Pacific ---.-------- 101% U. 8. Tid. Alcohol ~~ United States Utah Copper Westinghouse E Willys Overland ‘Woolworth Steel -. Anglo Am. Oil .-.-.... 17 11% Borne Scrymser -----. 212 212 Buckeye -------------- 6115 62 Chesebrough Mfg, ---- 48% 49% Chesebrough pfd.. ---. 112 115 Continental -.--------- 48 50 Creseent --.--. = WK 154 Cumberland ~-~~---.. 13560137 Eureka --. ot o4 Gal. Sig. Com. 5960 Gal. Sig. Old pf 20116 Gal. Sig. New pfd. ---. 103 105 Illinois Pipe --. 133) 134 Indiana Pipe --. 7 78 National Transit -... 23% 23% New York Transit --.. 61 63 Northern Pipe Swan and Finch -.---. 25 27 Vacuum --. 81 Washington 31 8, O. Nel 246 Cat Creek Lance Creek Osage Grass Créek, light . Greybull --------------------- Torchlignt ~.---------~-------. Hamilton Dome Ferris Flour MINNEAPOLIS, Minn., Nov. 14 Flour, unchanged to 0c higher; family patents, $8.35@8.40 a barrel; bran, sas. compamgts : @ve Casver Daily Cridune Stocks e Grain EWS AND QUOTATIONS B¥ LEASED WIRE OIL SECURITIES By Wileon Cranmer & Co. Bid Ask Bessemer ..---------— .13 Boston Wyoming ---- .80 Buck Creek ---------- .13 Burke 22 Blackstone Salt Creek Central Pipe - 1.60 Consolidated Royalty - 1.15 1.16 Cow Guich - w= -02 03 Domino ---.-----.---- 04 06 Elkhorn ~-----..------ .02 08 E. T. Williams -. 221 32 wargo — 3 02 Ot Frantz -._.._... : 7.00 Gates ---222------2--- 08 le Jupiter -..2--sssscs5. | 04 05 Kinney Coastal ---.-. .06 07 Lance Creek Royalty. .00% .01 Marine --_-.-+ mennnne= 1.00 2.00 Miky Henry --------- 00% .01 Mountain & Gulf ---. 1.25 1.30 New York Oil ---.----10.00 11.00 Pieardy ..-.—------. .02 103 PPOStON aaa eee 01 01% Red Bank ~--.-----~.29.00 30.00 Royalty & Producers . .03 ™ Sunset - a= 03 104 Tom Bel joyalty -... .02 03 Western Exploration - 3.10 3.20 Western States 3 13 4 O08 ‘i. - 06 06 NEW YORK CURB CLOSING Bid Aske Mountain Producers —- 9. Glenrock Oll .-----... Salt Creek Prds. -.--. Salt Creek Cons. ---- New York on -..---.~ Prairie Oil -..--. Mutual 8. O. Indiana 58.50 LIVESTOCK | Chicago Prices, CHICAGO, Nov. 14.—(U. 8. De- partment of Agriculture),—Hogs— Receipts 52,000; fairly active, weighty offerings 10c@i5c lower than Thursday's best prices, others 15@25c off; underweights show most decline; large supply; top $9.75; bulk beter 240 to 350 pound butchers | apaprently | tinued to move upward during the $9.40@9.65; majority 170 to 210 pound averages $8.65@9.25; bulk 140 to 160 pound welght $7.75@8.35; packing sows mostly $8.65@8.90; strong weight slaughter pigs lar; ly $7.25@7.50; heavy weight hogs $9.20@9.70; medium $9.10@9.65; light $7.85@9.35; Ught light $6.90@3.50; packing hogs ‘smocth $5.7549.00; packing hogs rough — $8.50@8.75; slaughter pigs $6.50@7.75. Cattle — Receipts 6,000; killing qu@ity generally plain, bulk ste and little better than feeder flesh; no choice kind hei anything show- ing de: je kill, steady to strong; bullocks averaging around 1,600 pounds $9.50; bulk of quality and condition to sell at $8.50 downward; she stock in liberal supply; lower grades predominating; steady; can- ners numerous; mostly $2.75@2.90; bulk bologna bulls $3.50@4.00.; veal- uneven; choice kind. about steady; medium light very dragsy; mostly $8.50@8.75; few good to cholce offerings to packers around $9.00; selected kind upward to $10 ider: Sheep—Receipts 12,000; act! fat lambs uneven; strong to 25c higher; bull $14.00@14.25; some held high+ er, sorting very ght; choice 84 pound clipped lambs $12.00; fat Sheep and feeding lambs steady; ewes mostly $5.25@7.25; early sales feeding lambs $13.75@14.00, Omaha Quotations OMAHA, Neb Nov. 14.—Hogs— Receipts, 10,000; active, 10c@150 lower; mostly 10c lower; bulk 200 to 280 pound butchers, $8.85@9.15; top $9.20; desirable 160 to 200-pound weights, $8.00@8.85; lUght lights, downward to $7.00; packing sews, mostly $3.40@8.65; bulk of all sales, $8.40@9.15; average cost Thursday, $8.81; weight, 244. Cattle—Recelpts, 1,300; fed steers and yearlings, mostly common and medium grades, bulk, © $7.00@8.00, steady; grass cows an heifers, steady to weak; bulls 10@15c lower; veals and calves, very dull, weak to unevenly lower; stockers and feed- scarce, nominally, steady; bulk ‘3 cows and heifers, $3.50@5.00; canners and cutters, $2.60@3.50; bo» logna bulls, $3.00@3,40; practical veal top, $8.50; few fancy selections to outsiders upward to $10.00. Sheep—Receipts, 3,000; woct lambs, Ibe@2ie higher; bulk fed westerns, $13.60@13.85; top, $14.00; natives, upward to $15.70; clipped lambs and feeders, steady; sheep, steady to lic higher; fed clipped lambs, $11.00; desirable weight fat ewes, $7.50@ 7.15; feeding lambs, upward to $13.10; no choice light lambs included. er Denver Prices DENVER, Colo., Nov. 14.—(U. 8. Department of Agriculture)—Hogs— 200; 15 to 26c below Thursday's best; top driveSHRD aTlifedn SH CMFR $9.30; one load good to choice me- dium weights $9.25; ‘king ® $7.76; few fat pigs $7.60; tow fee ers $6.25. Cattle—1,100; calves 200; canners and cutters $1.75 to $3.15; few bo- logna bulls $3.25; common to me- dium stock calves $4.50 to $5.50; around steady; nothing else sold early; desirable heifers heid above $5.25; good cows above $4.50; good feeder steers around $7.00. Sheep—8,000; all classes gener ally steady; one load 8% pound fat lamba $13.60; few fet ewes $6.91 one load feeder lam! $14.00. MONEY NEW YORK, Nov. 14.—Call mon- ey steady; high 2; low 2; ruling rate 2; closing bid 2; offered at 2%; last loan 2; call loans against accept: ances 1%. Time loans steady; mix- ed collateral 6 days 34 @3%4; 4-6 months 3%4@3%. Prime commercial paper 34% @3%. pans Sd EE For results try. a Tribune Ciosal- fied Ads. - Upward Movement Resumed|Slump Develops With Opening of Ex- change Trading NEW YORK, Nov. 14.—Stock Prices moved irregularly higher in today’s market with total sales fall- ing below the 2,000,000 share mark for the first time this week. Buy- ing was of a more selective charac- ter with the merchandising, motor and public utility issues making the best showing. Total sales approxi- mated 1,800,000 shares, NEW YORK, Nov. 14.—Stock prices resumed their upward move- ment at the opening of today’s mar- ket with buying orders spread over @ broad list but most effective in the industrial group. H. R. Mallinson, Savage Arms, Brown Shoe and Goodyear Rubber preferred mounted to new 1924 high levels, while Unit- ed States Cast Iron Pipe, General Electric, Du Pont, Sears Roebuck and Mack Trucks climbed 1 to 2 points. The upward movement gained mo- mentum as trading progressed, Unit- ed States Cast Iron Pipe advanced four points. and Associated Dry oods, Frisco Common, Lackawanna and American Sugar Refining each advanced 2 points. Gains of a point or more were registered by over a score of issues in the first half hour, the list including International Pa- per, Colorado Fuel, Maxwell Mo- tors A, Worthington Pump, Western | Union, Lima Locomotive and Postum Cereal, There were only a few heavy spots, Davison Chemical dropping 2% points and Union Pacific ons Foreign exchanges opened firm, de- mand ster!ing advancing to a new top for the year at $4.63%. With the public demand for stocks unsatisfied, prices con- morning with buying stimulated by the continued ease in money rates call loans against renewing at 2 per cent. Sporadic short selling failed to stem the tide of rising prices which carried more than a score issues to new peak prices for the year before noon. Trading ‘was on a somewhat smaller scale, but early indications pointed to an- other two million share day. The advance in rails was an orderly one with a good demand noted for such high grade carriers as Atchison, New York Central, Southern Pacific and Lackawanna, Several of the popular industrials such as Ameri- can . Baldwin, DuPont, U, 8. Indi Alcohol and General Elec- tric displayed markéd strength. Jewel Tea preferred, which has not | Heo, been traded in for some time, opened 10% points lower at 92 ard then rallied to 98. Trading slowed up considerably after midday and although there was profit-taking in various leaders, American can losing all of its two point gain, a number of remarkable advances occurred in numerous shares. Fisher Body jumped 11 points, Savage Arms 5% and Mack Truck, U, 8. Alcohol, Missouri Kansas and Texas preferred, La- ‘lede Gas, United Fruit and Interna- tional Harvester 3 to 4 points. The closing was irregular. Spec- ulative interest shifted back to the railroad shares in the late after- noon, New York Central rising 2 points, Lackawanna 3, and ‘‘Katy” preferred 4%. United States Steel common, American Can and United States Cast Iron Pipe Turned reac- tionary on profit taking. ———___ A Market Gossip ‘Wall Street Briefs. The acute crude oll storage situ. ation in Northwestern Pénnsylvania may result in an embargo Mmiting the ofl runs to the amount actually sold, according to F. D, William: president of the National Tra Company, unless relief is provided by sale of this ofl. The Chicago, Milwaukee and St. Paul Railway has ordered $50,000 Trading on Profit Taking Sales CHICAGO, Nov. 14.—Wheat suf- fered a sharp setback in price today near the end of the board of trade session. The decline was largely due to profit taking sales and to falling off In general buying. The close was weak, lower, December $1.51 to $1.52, and May §1.58% to $1.58%. CHICAGO, Nov. 14,—Increasingly unfavorable crop reports from Ar- gentina led to a decided rally in wheat prices today afterra declining tendency at the outset. Steadiness of the Liverpool market together with an advance tn sterling exchange counted also as a strengthening factor here, The early weakness was ascribed chiefly to profit taking sales and to a temporary pause in new buying. Opening quotations, which ranged from Yc decline to Me gain, December $1.54% to $1.55 and May $1.62 to $1.62% were fol- lowed by a moderate general sag and then by a sharp upturn to well above yesterday's finish. Although private cables from Ar- gentina indicated a virtual crop failure in some sections of the coun- try, the market receded during the last part of the day, demand being insufficient to absorb the offerings. Corn and oats were governed by the action of wheat. After opent: at Ks lower to %c advance, May $1.18% to $1.19, the corn market underwent a setback all around but later scored material gains. Subsequently the corn market turned downward when wheat Prices gave way. Corn trading was mostly local. The close was weak 1% to 1%c net lower, May 117% to 1.17%. Oats started unchanged to tc off May 58\c to 59c, eased a little more and then made a general advance. Weakness of hog values pulled down provisions. Open High Low Close 1.51% 1.51% Te 1.58% 1.58% 42% 1.38% 1.38% 4% 1.15% 1.124% 1.12% 52% 57% 5TH 55% 1.39% 1.40% 1, 1.36% 1.40% 1.42 1.87% 1.35 1.28% 1.29% 1.25% 1.25% 14.55 14.55 14.87 14.05 14.15 14.02 52% 57% 55% RYE 14.37 14.02 . 12.60 12.47 13.87 12.50 CHICAGO, Nov. 14.—Wheat, num- Fer 2 hard, $1.55@1.65%; number 3 hard, $1.53% @1.54%. Corn—Number 2 mixed, $1.154%@ 1.16; aumber 2 yellow, $1.16% @1.17. Oats—Number 2, white, 54%@ 55%; number 3 white, 61% @54%c. Rye—Number 2, $1.37@1.38. Barley—75@92c; timothy _ seed, $5.50@6.75; clover seed, $23.50@ 31.00. Lard—$14.40; ribs, $13.50; bellies, $14.50, LABOR PLANS OWN SURVEYS (Continued from Page One.) as to the new house, but the num- ber of members elected with labor's endorsement than are to be found Among these there are Republicans, Democrats and Farmer-Labor party members. “The new congress is not likely to tons of rails for next year’s require. | P&88 any measure greatly detrimen- ments, 40,000 tons being placed with the Illinois Steel Company and ten thousand tons with Inland Steel. Marine Oil Operations, Operations of the Marine Ol! com- pany in Salt Creek are shown as follows: Section 18-40-78, Wyokans 5. Depth 1,979 feet, installing flues in boiler, spooled lines, Wyokans 6.— Depth 200 feet; 135 to 200 feet in shale; 12%%-Inch casing to depth of 90 feet. General Summary American Brass company ad- vanees prices on sheet brass, tubes and copper a quarter cent a pound: Deliveries by General Motors to consumers in October were 45,497 cars against 46, in September and 58,178 in October, 1923. Taclede Gas Light company has increased quarterly dividend on it’s common from $1.75 to $2 a shar company aleo declared extra divi- dend of $1, which it terms a coupon dividend to compensate in part for four-year war and post-war period, during which thé regular dividend of $1.75 a share was not paid, or only partially paid. General Motors will reduce prices of cars. U. 8. Government will distribute to holders of Itberty bonds tomorrow about $65,000,000 interest. ———_—_—_ BALTIMORE, Mr., Nov, 14.— Single Foot won the $10,000 Walden handicap for 2 year old colta and fillies at Pimlico today. Young Martin waa second and Primrose third. Time for the ons mile 1:99 4.5. ‘ tal to the interests of the workers and our people generally. This is one of the most hopeful facts of the day and one which to us {s encour. aging and reassuring. Those who fondly hope to rule the new congress in favor of reactionary interests will find themselves facing a solid | group which will not permit the passage of time-serving legislation Reaction, seemingly drunk with vic- tory, may soon enough find itself intoxicated upon imaginary wine.” Concerning prospective convention issues, President Gompers eaid: “I cannot undertake to say spe- cifically what questions will come up for discussion, but every delegate is free to introduce any question, in the form of @ resolution or other- wise, and every resolution is brought before the convention for reading. discussion and action. Our con- vention is a free and open forum where nothing can be concealed and where every delegate has a free op- portunity to speak his mind. This is the freést forum in the world and it ls so known. “Delegates representing every tn- dustry and every section of our country are here or will be here to partietpate in our work. They come here with earnestness of pur- pose and with a knowledge of con- ditions throughout the country. They will do their best to act wisely for the good of the workers and for the common good of our repub- lie."" SILVER NEW YORK, Nov, 14,—Bar allver 0; Mexjean dollare 4 < l%c to 3%4c net | :: Livestock :: All Markets ‘STOCK CLIMB {WHEAT PRIGES |UPWARD 'FREND IN IS UNCHECKED} GIVEN SETBACK) “OO? BOSTON, Nov. 14.—The Commer clal Bulletin tomorrow will say: “Wool values continue to rise the world over. The consumers are now beginning to feel the pinch of short | stocks, whieh is resulting in spec- ulative buying with increasing fer- vor, even at the high prices now ruling, “Manufacturers who have not*an- ticipated the election results have been the chief buyers in the last Week. They evidently are getting more encouragement on the goods end of the market, reports from New York indicating a scramble on Qvercoatings, “America is buying steadily Australia and is commencing to erate in Argentina. Bradford strong, with démand centering 50s and below, “Western contracting continues but prices do not show much further rise. “Mohair is very firm at recent quotations.”” in op- is on Grain and Stock | Opinions From | | Brokerage Wire Stock Opinio PRINCE AND WHITELY.—The olls are tending higher and we look tor them to have a substantial up- S UNCHECKE] in Late| Values on Rise Throughout World in Continuati¢ of Lively Demand Based on Speculative Accounts PAGE ELEVEN The Bulletin will publish w quotations as follows: Domestic, Ohio and Pennsyly: fleeces—Delaine unwashed 53@6 bing 62@63e; %-bid Michigan and New York fle Delaine unwashed 58@60c; half-bid unwashed 69@6ic; %-blood combi 62@630; %-blood un fine unwashed 48@49 Wisconsin, Missour! and ave: New England—Halt blood 58@5) %-blood 58@59c; \-blood 57@58e. Oregon—E. number 1 ast $1.50@ fine and F. M. combi $1.40@1.46; eastern clothing $1.2) 1.30; valley number 1, $1.80@1.35. ‘erritory, Montana and simila: Fine staple choice $1.55@1.60; h blood combing $1.35@1.40; %-biol combing $1.20@1 %-bloed co ing $1.05@1.10. Pulled Delaine $1.55%$1.60. 0@1 A ‘ino A supers $1.30@1 A supers $1.20@1, Mohair, combing 80@85c; best, carding 70 Te. JERSEY CITY PLANT BUANE! (Continued from Page One.) blazes which caught in various bull] ings and tenement houses. A speci) watch was kept on nearby plers. j $1 ward movement before the end of this month. BLOCK MALONEY—We would not buy on, the bulges, but let prices ease off before the purchases. The best rails, oils and coppers continue favorites, HORNBLOWER AND WEEKS— Although the balance between buy- ing and selling in the immediate fu- ture may call for more of a setback, it is not Mkely to proceed beyond the point where new buying orders exist somewhat under present levels. During this period of hesitation in copper stocks we would begin active accumulation. LIVINGSTON AND CO.—We be- eve these tremendous trading days will continue and that the course of prices will continue upward, ‘TIMES.—Prominent bankers §in Wall Street are busy working out mergers, segregation details for new corporations and planning dividend changes. American hears that the official announcement regarding recapital- ization of American Can which is said to be favorable. An early an- nouncement on Goodyear financing. MOODY'S WEEKLY REVIEW— Is highly optimistic on general in- dustrial work and says depressed in- dustries promise to recover. WORLD.—Remarks that the out- side public is coming into the mar- ket, fust as in the old days. JOURNAL OF COMMERCE.— Weakness In liberty bonds due to In- vestors switching out of them into more speculative securities. Grain Opinions. STEIN ALSTRIN,—On any im- portant decline advise buying grain disposed of. HARRIS WINTHROP.—We have faith that ultimately all our grains will be wanted. Fe BARTLETT FRAZIER.—Tighten- ing of cash wheat, both at home and abroad has commenced, The trade is just beginning to realize these im- portant factors. LAMSON BROTHERS—Remain so confident believers in high prices, but purchases should be confined to good dips, HULBURD WARREN—Dally the bread grain situation grows more strong. Eventually we expect wide- spread substitution to make wheat supplies holtlout. JACKSON BROS.—Underlying bullish conditions are being more clearly demonstrated daily and point to higher prices. THOMSON McKINNON.—AlIl pressions offer opportunities, __ de. | Foreign Exchange || NEW YORK, Noy. U.—For exchanges steady. Quotatior cents: Great Britain demand 463%; cables 463%; 60-day bills on ance demand y demand 4.22%; Jum demand 4.8414; cabels 4.85. Germany demand Holland demand 40.07, Norway 14.79. Sweden 26.90. Denmark 17.61. Swit zerland 1 Spain 13.60. Greece 780. Poland 19%. Czecho Slovakia 298%. Jugo Slavia 145. Austria .0014%. Rumania 56. Argentina 37.95. Brazil 11.70. Tokio 38%. Mon. treal 100. CHICAGO, Noy. 14.—Butter, high- | er: creamery extras, 39 star 87%c; extra firsts, 83% @36e; seconds, 9 , unchanged; receipts, 1,931 cases, Sanne LONDON.—Ths Duchess of Atholl {a the only woman to be included | in the British cabinet, having been named by Premier Baldwin as parlla- Two thousand children from nearby public school were rushe| out of the bufldin; into the street a terrific explosic tore the roof from the plant, hurle it fifty feet into the air and scatte. ed it in all directions for sever: blocks. The children, terrorized, fle through the streets. Five hundre policemen finally herded them o of the danger zon Parents and children in tenement} in the vicinity were removed in ta: cabs and eight ambulances to regions. At noon, Fire Chief Boyle calle for tons of dynamite with which # blow up buildings in the hope of ou! ting off the onward sweep of th conflagration, City Commi one clty reservoir, directing all 4 supply to the fire nozzles which ir, creased the water pressure from 31] to 95 pounds, | Stores of. sulphuric acid tn th sugar refinery began exploding afte! noon and thew blazing debris ints groups of firemen. Additional fir) lines were brought to bear upon thi new danger and other streams wer! directed on the Lehigh Valley Ratt road coal pockets in the burnin, area. 4 Firemen and policemen werll] frequently forced to le down on thy sidewalk to catch a breath of lite] saving air as the salt petre fumes] were driven upon them. At the enci of Essex street hundreds of fami) ies with their household goods abou\g them sought safety from theii} wooden houses and were moved safer sections, Six tons of explosive soap mater. inis were reported stored in a tun’ nel between the old sugar refine house and the Colgate soap factory The entire hose force of the boat John P. Mitchell was deluging the root of the tunnel while a hea’ force of fire fighters from Hoboke was detailed to help keep the flames! from it. : At 12:30 firemen expressed the be- ef that they had the fire under e trol. A shift in the wind aided them and the flames were reported to be spreading no further. NEW YORK CITY SENDS FIREMEN NEW YORK, Noy. 14.—Firemel and apparatus from New York Cit: this afternoon were ordered to Jerji sey Clty to axsist in fighting them in fire the business section, Thre: alarms were sounded to mobilizell| the firemen. Earller two firedl boats, the John Purroy Mitche! and the New Yorker had .gone toll the assistance of the fire forcesill already combatting the flames, Vire Commissioner Thomas Brennan dispatched across tho! river fourteen enginos, four hook und ladder companies, a water tower, 1 fuel Wagon, the r three battalion chief: and men w to Jersey € railroad ferries, I eight more engines andi hose wagons and two additional fuel Wagons were dispatched to the fire, | in response to the Jersey City au- thorities' request for as many pleces jp of apparatus as New York could spare, A —— q For results try a Tribune Clas: ified Ad, J. ue squad neal Apparatus |} instructed to proceed |i ty on two Pennsylvania WYOMING MAP AND |) BLUE PRINT CO. Geologists, Petroleum Engineers Drafting, Blueprinting, Maps, Photocopying All work confidential Yes, the Hudson Coach has been reduced in price. mentury secretary to the board of education,