Casper Daily Tribune Newspaper, November 20, 1924, Page 9

re THURSDAY, NOVEMBER 20, 1924 STOCKS OF Oil a: Finance ; GASOLINE - _CUT DURING MONTH Reduction of 1,41 7,000 Barrels During October Reported by Petroleum Institute; Crude Production Takes Jump. NEW YORK, Nov. 20.—Gasoline stocks, decreased to the extent of 1,417,014 barrels during October, ac- cording to reports receiyed by the American Petroleum Institute, cov- ering approximately 62 per cent of the operating capacity of the United States. Pipe Hne and tank farm “crude: oll stocks east. of the Rocky Mountains decreased 558,000 barrels in October. « ‘The daily average gross crude oll Production of the United! States in- creased 5,500 barrels for the week ended November 15, tétalling 1,941,- 060‘barrels, according to the) weekly. sunimary of the institute. Daily average production week ended November 8 was revised on account of inclusion of two pools not previously reported, namely Wil- barger and Pan Handle in north Texas, to 1,935,550 barrels, The daily average production east of Cali- fornia was 1,351,650 barrels, an in- crease of 6,250. California produc- tion: was 589,500 barrels, a decrease of 750; Oklahoma showed a daily average of 514,300 barrels, increase of 11,700; Kansas 88,000 barrels, de- crease of 400; north Texas 82,550 WYOMING WOOL barrels, increase of 8,700; central Texas 163,650, decrease of 5,100; north Louisiana 60,150, increase of Arkansas “117,300, decrease of 800; gulf coast and southwest Toxas 135,150, increase of 3,900; eastern 106,000, no. change; Wyo- ming, Montana and Colorado 84,450, decrease of 5,050, Daily average imports of petro- leum at principal ports for the week ended November 15, were 270,428 barrels, compared with 288,000 for the previous week. Daily average receipts of 'Califor- nia ofl at Atlantic and Gulf coast Ports for thé week’ ended November 15 ‘were 96,000 barrels, compared with 91,429 barrels for the previous week. There were no changes reported in eryde ol] prices for the major dis- tricts—Mid-continent being quoted at 75 cents to $1.25 a barrel, according to the gravity of the oll; Pennsyl: vania crude, Bradford district, $2.85 a barrel, all other grades $2.75; Gulf coast crude oll grade “A” $1.50 a barrel, grade ‘B" $1.25 and Califor- nia‘crude ranged from §1 to $1.40 a barrel, according to the gravity. of the oil. CLIP TO PAY NINE MILLION DOLLARS THIS. YEAR ON BASIS OF CONTRACTS Prediction of a return in excess of $9,000,000 on Wyoming's 1926 wool clip ig the outcome of the esti- mate made recently by Byron Wil- son, secretary of the Wyoming Wool- growers' association; wha © places next yéar's probable production of fleeces ‘ati 21,000,000 pounds, ‘an in- crease of 2,000,000 pounds over the 1924 output. Tha* flockmasters as a whole will benefit to the extent of more than $9,000,000 4g a-certainty, Basing *cal- culations on an average. price of 43 cents a pound for the entire clip. Contracting, started two months ago with offers of 40 cents. .Within a few wecks there was @ rise in bids to 42% cents. Prices stepped up to 43 and 44 cents and nowsno wool is going at less than 45 .cents., Only. afew of the larger growers have | sold at this price and the majority of them are holding for quotations of 48 to 50 cents, Contracts have and will continue to include advances of $1 a fleece, at no interest. This provision has brought welcomed financial‘ relief to @ number of growers and many of the smaller banks. With contract- ing completed soon after the first of the year, as it probably will be, ad- vance money tn Wyoming will amount ot more than $2,500,000,,it is estimated. At, Rock Springs, Silberman & Sons of Chicago have taken the B. J. Brannley clip of 55,000 pounds at 46 cents. Just before this contract Was made the same concern. signed 0,000 pounds, in 11 clips, at 45 gents. In the Cokeville district the B.. Harris Wool company of St. Louis has recently taken. 300,000 pounds. | j ACTORS BALL WAS ‘KNOCKOUT’ AND STAGGERING SUCCESS IN MORE WAYS THAN TWO; CLAIM By ROWLAND Woop. (Copyright, 1924, Consolidated Press Association.) NEW YORK, Nov. 20.—In all the slowing reams of press agentry: turned out by .the Actors’ Equity association about its annual. ball which shook these parts over the week-end, one pet phrase of the theatrical profession is shunned jike a@ leper. The ball was a “gorgeous The police sympathetically allowed to go their several ways a score or more of ind: uals who had been Intoxieated by the beauty upon which they had feasted their eyes. But back to Mr. Sherman. Lowell was sitting in a box at the ball with his mother and Ethel Barry- more, chatting over the rat] with Nora Bayes and. Lillian . Foster, when young Mr. Baxter breezed up. sea-|Mr.. Sherman has not yet put in son in the theatrical world,” a “great gathering of stage celebrities.” It _was even a “wow.” But it was not. a “knockout.” That phrase, careful inquiry up and down the gay and white lighted art of Broadway discloses,. was elided out of sympathy to Mr. Lowell Sherman, the Broadway star, who ‘was the’ principal» casualty of the ball proper. It would have been entirely too reminiscent for him. - (As ta matter of fact; the press agentry ‘of the ball did not hit half of the high spots that the thrill: loving’ American public might rea- sonable have been expected to thrill over. It took a day in the West Bide police ‘court and interviews with numerous cops who were on duty at the swell affair to bring forth all the.interesting episodes. Topping them all was, a three round “go” between the handsome Lowell Sherman and George Baxter, a six foot juvenile, fought out in true knights of old style before the gorgeous assemblage, over a lady— or was it two ladies? This did not actually get into the courts, as it was strictly an affair of honor. But that was only one incident of @ week-end which the polics have come by long experinece to approach apprehennsively. One newspaper re- Porter ts in the hospital with vari- ous razor wounds inflicted by a . Negro, with whom he came into con- tact as he was leaving the gay ball room of the Hotel Astor on Sunday morning. The negro is in jail. awaiting trial for felonious assault and right glad he is to be there, too, for he was chased. throuhh Broad- Way after the melee by a high- hatted, boiled shirt crowd, bent on lynching him and escaped only by running into the arms of a con- venient policeman. A chauffeur who sefzed Philadel- phia Jack O'Brien, the ex-pugilist, | by the arms to prevent him from| Practicing up on his old profession at.the expense of James Cabot, an + actor, is in jail on a charge of pick- ing Jack's pockets. Cabot had Started the ruckus by accusing gentlemanly Jack of knocking off his high topper, his explanation, but according to. Mr. Baxter, the suave Lowell pre- sented him to the ladies in this fashion: “Permit me to present Mr. George Baxter—I hate to introduce him.” If it wasn’t that, it was something very much like that, In any event, that side of the Astor Hotel quickly became a ‘cross between'a prize ring and a shambles. Once, according to the spectators, Mr. Sherman took a count of nine, but it is denied that he was “out,” and this seems to be true, for betwixt ball room and the Sherman limousine, the hearties in- dulged in two more rounds. What was it all about? There the stories vary slightly. Mr. Bax- ter, sitting in his Greenwich Village studio home twirling a monocle which he said had attached itself to his fist when the fist met Mr. Sher- man’s eye, said the affair really dated back to the Fatty Arbuckle case when Mr. Sherman's name was drawn into the Virginia Rappe kill: ing case in a passing sort of way. Sherman, Baxter said, was engaged to his sister, Helen, at that time and Baxter caused the engagement to be broken, Another story is to the effect that Mr. Baxtér, immediately after the fight, expresse:l the hope that “Flo Hart” would not like Lowell so well “with his new hare lip." Miss Hart ig hostess of fashionable club which both Sherman apd Baxter much frequent. However that may be, there is no question that the ball Hved up to. all, its historical precedents. Wholly aside from Mr. Lowell Sher- man, it indubitably was a “knock- oul Some even go so far as to describe it as a “staggering success.” ——————— Butter and Eggs CHICAGO, Nov. 20.—Butter, high- er; creamery extras, 44c; standards, 4l%4c; oxtra firsts, 40@42c; firsts, 36G 38 conds, 31@34c, Eges, unchanged; receipts, 2,674 cases, Bends Last Bele 4 Allied Chemical & Dye .--.-- 75% American Can -.--~~---s---- 152% a a4 American Smelting & Refg. -. 84% American Sugar ------.----- 47% American Tel. and Tel. -.---. 129 American Tobacco ---------- American Woolen -~-----.--- American Zinc, Lead and 8m. Anaconda Copper ~.--,+----, Atghistes si. ,-~peempecyeeese Atlantic Coast Line -—-_-.- ‘Baldwin Locomotive --..--.- Baltimore and Ohio -....... Bethlehem Steel --,-------— California Petroleum ex div. Chicago. and Northwestern -. Chicago, Mil. and St. Paul pid.26% thicago, R. I. and Pac, -.-2-. 43 Consolidated Gas ... Corn Products new Cosden Oil Crucible Steel - Davison Chemical Du Pont de Nemours --. Erie -.. oo famous Payers Lasky General Asphalt --.. General Blectric General Motors ~~..--~--0--- Great Northern pfd. -.--. Houston Oil ~~~. Mlinois Central --._ International Harvester Int. Mer. Marine pfd. -. Int. Tel. and Tel. Invincible Oil Mack Truck Marland Oil lees Maxwell Motors A -.--.-. Middle States Ol --.-----2-. Mirsour!, Kan and Tex. --..- Missour! Pacific, pfd. National Lead -.--.-. New Orleans, Tex and Mex ~ 1i1 New York Central ~.~~.-. N. ¥., N, H. and Hart£oi Norfolk .and Western ------ 136 Northern Pacific ------ec0e. 71% Pacific Oll ----------cerer-ee 55% Pan American ePtroleum B.. 54% Pennsylvania .-----e«¢----0- 47% Producers and Refiners 28% Reading ~---=~--------2reee=, 61 Republic Iron and Steel ..-.. 48% Reynolds .Tobacco B ~------- 16% Seaboard Air Line -.-------- 23% Sloss Sheffield Steel and Iron hed Standard Oil of N. J, ~s-sene- Studebaker Corporation Texas C0, ----nerewen-e-nene~ Texas and Tobaceo Products ~-+------- ‘Transcontinental , Oil Union. Paeitic ~------------- United Drug ,----+---------. U. S. Cast Iron Pipe ....--. U. 8. Ind. Alcohol ~-..------ United States Rubber ~--..- United States Steel ~-------- 1 Utah Copper. ~~----sren--s-- Westinghoure Electrio ------ Willys Overland ---.,-~----- Woolworth ~-.-----erweee--0- 114 ee Hureka -----=, - Gal. Sig. Com. ~-9.-s-- Gal. Sig. Old pfd. .-.- 112 Gal. Sig. New pfd. «. Illinois Pipe -. National Transit --... New York Transit -... Northern Pipe --.-.-.- Ohio Ojl -------------- {niernational Pete -.-. Penn. Mex. -.~-------- Prairie Oil ,------=--- 313 214 Prairie Pipe ~--------- 105% 106 Solar Refg. -.--.-...-- 205 210 So. Pipe ------------- 80. Penn. Oil -. 5. W. Penn Oil 3. O. Ind. 8. O. Kan, «. §. 0. Ken, 8. 0. N.Y. 8. 0. Ohio --. 8. O, Ohio pid. --,.-- Swan and Finch ---.-. Vacuum Washington 8. O. Neb, 117% 11845 44% 45 818 - 321 117-118 2425 80% 80% - 29% 30 - 239° 241 var Creek Lance Creek Osa; Grass Creek, light . Greybull Turchlight ~~------<qeenr-rere= Blk Basin ... Rock Creek +.2++a0. Salt Creek Big Muddy .. Mule Creek -----eweencererern Sunburst .------------eceeeee Hamilton Dome Ferris Byron NOtch€S ~...ce- ew eecooeennnn Pilot Butte (ander $2.20 1.15 - 1.16 eremm 220 woven eenewenceveseree 1.20 1,20 1.20 05 mow nneenen nnn e- 5014 -7e | SILVER EW YORK, Nov, 20.—Bar 68%c; Mexican dollars 53c. Central Pipe ---..--_ 1.00 Consolidated Royalty... 1.10 Cow Gulch .-.----.--- .02 Domino --.-----.----- .04 Elkhorn --.-.._... 02 E, T. Williams —. 19% Fars@ <-.ce-c----2- 03 Frants ------.-.----- 6.00 Gates -----------..--- Jupiter ~-.-----..---- Royalty & Producers__ Sunset ..-.--.-------- Tom ®e'l Royalty --- Western Explcration — Western States... Y on NEW YORK CNRB CLOSING ‘ Bid Ask Mountain Producers. . 18.75 19.00 Glenrock Oil --.------ 15 25 Salt: Creek Producers. 24.25 24.50 Salt Creek Consolidated 7.00 7.25 - 9.50 11.87 60,75 O. Indiana -~..--- — LIVESTOCK Chicago Prices. CHICAGO, Nov. 20.—{U. 8. De- partment of Agriculture}—Hogs — Receipts 62,000; opened active; 10@ 150 higher, ight ight and killing elgs 25c to 600 up; packers’ doing ittle; active shipper demand; top $9.75; bulk good and choice 230 to 325 pound butchers $9.50@9.70; 170 © 210 pound weight largely $8.85@ 3.35; bulk 140 to 160 pound averages $8@3.75: fat cows. and heifers active; 10@15c higher; canner steady to strong’ bulls steady; vealers 25 @50c ‘higher; packers paying upward to $9.50; utgiders upward to $10; weighty valves in active demand, mostly $7 dgwnward. } Sheep—Receipts 27,000; very dull: no ear'y sales fat lambs to packers “ew to shippers at $14; generally bid- ding $18,50 to: 25@50c lower; fat sheep steady; bulk ewes $5.50@8: feeding lambs 25@50c lower; few. early sales $13.75@14. Omaha Quotations. OMAHA, Nebd., Nov. 20—(U. 8. Department of Agriculture.)—Hogs Receipts, 10,000; opened active to shippers; fully 10c higher; closing slow to packers, strong to 10c higher; bulk 200 to 300 pound’ butchers, $8.90@9.26; practical top, $9.25; odd lots ity butchers, upward :to $9.35; desirable 160 to 200. pound weight, 245. Cattlo—Receipts, 3,800; generally steady on all classes and grades; quality steer run plain; bulk, §6.00 @7.50; few loads upward to $9.25; odd head, $10.00; bulk grass cows, $3.25@3.75; fow upward to $4.00@ ‘11,000; lambs, mostly 600 lower; early sales fed westerns to packers, mostly $13.00@. 1.26; shipper top, $18.65; natives, mostly $12,75@13.35; choice light fed clipped lambs, $11.25; sheep and feeders, steady; best yearlings, $10.50; ewe top, $7. early sales feeding lambs, 8,76, Cofiee Prices Take Tumble NEW YORK, Nov, 20.—Coffee prices today broke 114 cents to al- most two cents a pound when Bra- zillan interests entered the local market, offering concessions of a cent a pound below yesterday's quotations. The decline brought the price of coffee for March delivery to 17.40 cents @ pound, More than five genta below the high record estab- Ushed on November 11. MONE¥ NEW YORK, Nov. 20,—Call money, steady; high, 2%; low, 2%; ruling rate, 2%; closing bid, 21%; offeret at 2%; last loan, 2%; call loans against acceptances, 2; time loans, fitm; mixed collateral, 60-90 days, 3@3'%; 4-6 months, 344 @3%; prime commercial paper, 34 @3%. Stocks :: Grain EWS AND QUOTATIONS BY LEASED WIE ‘STOGK PRICES. \GRAIN DEMAND HOLO 10 GAINS (5 WEAKENED Brisk’ Demand Revealed De-| Price Setbacks Occur in spite Profit Taking in Some Issues NEW YORK, Nov. 20.—Stock prices resumed their movement to higher ground today under the leadership of the low priced railroad shares,.a score of which attained new peak prices..far the on ‘gains ranging from one to three points. Profit. taking. persisted in the indus- trial group but offerings were gen- erally well absorbetl, “Bullish demon- strutions were ‘staged in several spe- clalties which were marked up two to five points. Total sales approxi- mated 2,400,000 shares. NEW. YOK, Nov. 20.—Stock prices resumed thetr upward move- ment at the opening of today's stuck market despite’ a continuation of profit taking in) some of the popu- jar industrials gad rails. Trading was again in large volume. Initial Bains of a ‘point of more were re- vorded by Missouri Pacific preferred, Marland 02, Frisco comman, Bayuk Brothers and ‘ General Electric, while Kansas City Sduthern, Chi- cago Great Western common, On- tarlo and Western, Reptogle Steel and Fairbanks Morse broke through thelr previous high levels for the year. Recessions of a polnt:or so took place in United States Steel, Re- public Steel, Radio Corporagion, Al- led Chemical and Texas and Afic, vut the losses soon recovered when a brisk Yemand developed for the sow priced rails, carrying the gen- eral jist to higher ground. More shan a score of issues attained new jenk prices for the year in the first aalf hour, Norfolk and Southern standing. out with again of 4 points. Kansas City Southern ad- vanced 2 points and advances of a point or more took place in Union Beg and Paper, International Har- vester, Rock Island, Peoples’ Gas, Philadelphia and, Reading Coal and Iron,. American Tobacco, Great Northern preferred and several others. Foreign exchange opened steady with’ trading quiet. Chief speculative interest during she. morning centered in the low priced . railroad shares which were bid up vigoroualy_on an enormous volume. of trading. Norfolk ~ aha Southern climbed 4%- points, Kansas City “Southern 4%, Chesapeake and Ohio 8%, “Wheeling and. Lake Brie preferred 3 and. Frisco common, Mis- sour! Pacific common and: preferred and “Katy” common é¢ach advanced 2 points or more. Sporadic | profit taking continued {n the industrial Ust, U. 8: Cast Iron Pipe breaking ‘$% pointe to 135 and then rallying ‘to 140 while American Can sold off 2 points. “U>S. Steel common dupli- ated the high of 116% touched yes- terday and then sagged off about a point.” Call. money renewed at 2% per cent. . Sales in the first hour and 1 f ,000 shares. Us , an extensive scale in the. early..afternoon. New Haven went to.30%, a new top for the year. Some of the, southwestern railroad shares‘ sere lower on profit raking, but Union Pacific went to a new high at 149%.. Specialties like. Otis Elevator, Postum Cereal and Inter- national Harvester, were «trong while. Davison Chemical and Radio Corporation were under pressure. The closing was strong. Heavy accumulations of non-dividend pay- Ing eastern rafl shares, particularly the New. Maven and Erie issues and a_revival of speculative interest in the: +ils featured the late dealings. - ear oN Pom cama a G rain and Stock | me . Opinions From Brokerage Wire 3 owen UpLOns. Hornblower and Weeks—Continue to foliow special stocks but do not over trade. No one hag quite seen @ market just like the present and while the advance has outdistanced the. prediction, of people who see Judgment worth listening to, there is no (reason to throw discretion to the winds and there is no reason to suppose that the advance will con- tinue beyond the point where bank- ing ‘interests’: may conclude that it Will proceed. Money is king at all times and first real indications of pending yeactions is likely to be sig- nailed by call money: J. 8. Bache—We continue bullish on-the stock market_but would not recommend the generfil purchase on strength. Studebaker . las gone through 40 vo.ume. New higher than_at any time in six weeks. It's @ purchase. Maxwell {sues in new high ground. Have not changed our g0cd opinion and eventually expect them. to sell stlil higher. Prince . Whitely—Copper _ stocks have indications of further advances KN, CDP. also. ~ Grain Opinions. Bartlett Frazier — Wheat” may mark time for, a while. Look for higher corn prices. Oats eventually will reach their/comparative leve's. Hulburd Warrdéh—Ultimately we expect much higher prices for broad grains: Stein Alstrin—Wheat will prob ably hol’ within a trading area. Advise profit taking in corn and other grains. Thomson McKinnon Purchases of wheat on depressions for moder ate profits are suggested. expect corn Oo continue its upward frend. —— = DULUTH, Novemoer, Moy, $2.71%, | Early Trading on Chi- cago Exchange CHICAGO, Nov. 20.—Material set backs in prices for wheat and for other grains as well, took place to- day as goon as trading began. Down- turns In wheat quotations at Liver- pool acted as the chief depressing factor. On the decline of wheat values however, good buying devel- oped.owing In some degree to an- nouncement that experts of domes- tic wheat are turning out to be much larger than was generally believod. Opening prices, which ranged from 14 to 2%o lower with December $1.49% @1.50% and May $1.57%@ 1.58, Were foliowed by a decided fur- ther drop and then something of a reaction. Subrequently, a bearish Canadian crop estimate from raliroad sources attracted considerable notice, and so too did Argentine rains and favorable report about the yield in Australla. The close was heavy, % to 2%c net lower, December $1,493 to: $1.49%. and May $157% to $1.57%. , General selling, part of Which was of a force character to stop losses, pulled down corn. After opening at Mc to 2c off, May $1.21@1. sagged a little more and then show- ed power to rally. Later, there were indications that the country was offering cash corn more freely, The close was weak, 1%c to 1%c net lower, May $1.91% to $1.21%. Oats started at %e to 1%0 lower, May 58c@58%c, and continued downgrade, Provisions were efsler affected principally by weakness of grain. High Lew Close 1.51% 148% 1.49% 1.58% 156% 1.47% 1.40% 1.88 1.39% Wheat— Open Dec. ---- 1.49% May 1.57% Tuly 1.38 Corn— 1.18 | 1.15% 1.16% 1.23% 1,21. 121% 1.23% 1.21% 1:22% 53% 54% 53 58% 59% 58% 58 56% Rye— Dec...----1.33% 1.34% 1.33% 1.83% May 1.35% 1.865 1.35% 1.35% Tuly ---- 123. 1.238% 1.23 1.23% Lard— Nov. -22- sine -2-- Dec.” ---.14.15 14.30 ‘Ribs— 1.21 1.22 58% bt 57 14.50 14.80 12.60 12.607 ; 14.15 13.00 14.12 Nav. |-2n- one Tani <-22 ane Bellies— Nov. Jan, General Summary. Cities Service company reports for the 12 months ended October 31, @ net income on stock and reserve of $9,514,485, or $20.65 share ‘on average common outstanding com- pared with $8,477,409 or $18.25 a Share in the 1923 perio. Bver'ing products declared an extra dividend of $1 payable December 15 to stock of December 1. A similar extra dividend was declared a year ago. Executive committee of St. Louis and San Francisco took no action on. common dividend ai day's meeting, consideration . boing defer- red -yntil the December 3 board meeting. ou '. Olldom estimates year’s ofl pro- duction at 7,000,000 barrels less than last year, Government sale of 80,000 acres of Osage lands will be held December 18; sale includes six tracts that off- set Burbank field, Doheny expresses satisfaction at manner in which company's case ‘was presented tn Oll Lease trial. Oll imports last week were 270,428 barrels a day against 288,000 daily for preceeding week. _—_— NEW YORK, Nov. 20.—Demand for .refined sugar continued Ught with prices unchanged at $7.15 to $7.50 for fine granu‘ated. Refined futures: were nominal. _ Sugar futures closed steady. proximate sales 19,000 tons. ber, $4.10; January, $3. $3.06; May, $3.14, —— NEW YORK, Nov. 20.—Copper— Ensy; electrolytic, spot and nearby, 13% c° futures, 18% @14c.- Tin—Steady; spot and futures, $54.62. Tron—Steady; unchanged. Lead—Steady; spot, $3.65@9.00, Zinc—-Steady; East St. Louis spot and futures, $6,82¢@6.85. Antimony—Spot, $1 ns, | COTTON | NEW YORK, Nov spot, qulet; middling, -_ Flour, MINNEAPOLIS, Nov. 20.--Flour unchangetl to 15¢ lower; family pat- ents $3253.25. Bran §26.00@27,00. 20.—Cotton 20. BRITISH PAGE NINE “Livestock :: All Markets URGED TO TAKE ACTION OVER SHOOTING Attempted Assassi Lee Stack Stirs nation of General Indignation of London; Cairo Premier Blamed LONDON, Nov. 20.—The of Sir Lee Stack, sirdar of the great indignation here and m pers comment severely, demanding that the take prompt decision and action. While Premier Zagloul Pasha »~ ment are acquitted of having de- sired, much less prompted the out- rage, it ts contended that they were in a great extent morally responsible by thelr alleged fostering of ex- tremists and hostility to the British. CAIRO, Egypt. Nov. 20.—(By The Associated Press.}—Major General Sir Lee Stack, the sirdar of the Egyptian army, who was wounded by assassi yesterday, passed a good night and there was some im- provement noted, but his condition this morning was eltll very serious. Six or more gunmen, using both bombs and automatic pistols, were concerned in the attack and the @rdar was struck by three bullets, suffering wounds In the ebdsinen, one hand and one foot. After an operation for transfusion of biood, last night, the surgeons expressed nope for his recovery, The Egyptian premior, Zagloul Pashs, in a statement to the news- Papers, derlered the government would take every possible step to solve the mystery of the crime and capture tho assassins. secre WATERWAY IS URGED TO CUT FREIGHT RATE EVANSVILLE, Ind; Nov. 20.— (@®y The Associated Press).—The west’s only hope for @ reduction In freight rates lies in the construction of the Great Lakes to the Gulf wa- terway, Congressman William ° EH. Hull of Ilinols, declared before the sixth annual convention of the Mis- sissipp! Valley association meeting here today. Advantages of the proposed prof ect were told by the congressman who said a piano shipped by freight and by water from New York to San Francisco, via the Panama Ca- nal, costs $12.50 while the e pl. ano shipped by freight by ral'road costs $51.50. “The same applies to all manufactured articles,” he said. “The great wem «s not yet awake to the fact that their only hope for a reduction in freight rates Hes In the improvement of this inland wa- terway which {s far more necessary to the people of the United States than the Panama Canabh.” He said, “‘we did not hesitate to vote millions for that great erprise which gave relief only to the At'antic and Pa- cific coasts, insofar as the United States {s concerned.” SPAIN FACING ARMY TROUBLE PARIS, Noy. 20.—Postponement Of the discharge of the soldiers in the 1921 class, whose tlme has ex- pired caused trouble throughout Spain, according to a person well acquainted with the Spanish situa- tion who has just arrived over the border, says the correspondent of Le Journal at Hendaye. According to the traveller, there were numerous cases of insubordi- nation in tho African army and also in the Madrid barracks, where mu- tineers had to be disarmed. Two hundred of them were arrested and will be court martialed, he reported. The acting premier, Rear Admiral Marquis de Magaz, told a delegation of soldiers’ €amilies who appealed for the-discharge at least the trans- fer to Spain of those in Africa, whgse time had expired, that necessity dic- tated their retention. He hoped, how- ever, that the men could bo dis. charged by January 10, WATER RATE HERE REDUCED (Continued from One.) slipped on a Jewalk and sprained her ankle, ve d tho opinion that no responsibility attached to the city and tha: ¢ claim be disallowed. | The council voted accordingly. |. Water Commissioner Johnson wa autherized to order the co: of a six foot woven wire protect the city will be asked The only trouble with the Shop-o-scope is that it was not thought of years and years ago. reservo! attempt in Cairo upon the life Egyptian army, has aroused ost of the morning newspa- government i the Egyptian govern- AGRICULTURAL COMMISSION IN RECESS TODAY Government Agencies To Assemble Data for Next Conference. WASHINGTON, Nov. 20. — The President's agricultural commission was in recess today while all gov- ernment agencies whose activities affect the farming industry began the assembling of comprehensive in- formation it requires as @ basis for considering a permanent relief pro- gram. Members of the commission plan to reassemble in January, when it is expected sufficient data will be available for them to proceed with formulation of livestock and coop: erative marketing proposals, which they regard as the most urgent prob- lems before them. They hope to have recommendations on these subjects psi ns many others as possible, ready for consideration by congress before it expires March 4. ~ The commission receased last night after agreeing upon.a tentative plan of procedure, which Chairman Carey expects will carry its work well be- yond the adjournment of congress. -_ or SHORT SESSION IS HANDED BAP (Continued from Page One.) the immigration law was approved by the convention in adoption of a resolution by R. W. Robinson of the California federation of ‘labor. “We are unalterably opposed te exclusion by treaty in the place of exclusion by law,” the resolution sald. It was approved without de- bate. The report of the committeé con: demned the principle of the sales tax. It asked abolition of convict la- bor and prohibition through federal ‘egislation of the transportation of workers to communities in which strikes are in progress. Abolition of tax exempt securities was endorsed. Continued support of measures for farm relief was recommended by the committee. “No adequate megsure of relief was passed in the last session of congress," the report sald, it was unanimously approved. Reclassification of federal em- ployes along the lMnes proposed in the bill of Senator Stanfield of Ore- gon, now on the senate calendar, was approved. RANCHERS GIVE UPWATER MAIN (Continued from Page One.) that the ranchers had surrendered their stronghold. From the outposts where they had been standing guard, sentinels drift- ed fn toward the camp fires and flung themselves on the ground to snatch a few moments of sleep bee for daybreak. Immediately after the control gates were closed a telegram telling of the new condition was sent to District Attorney Jess Hession of Inyo county, who was to arrive in San Francisco today to make a pere sonal appeal to Governor Richard+ son for troops to disperse the rald- ors. Then those not in a mood for sleep. becue, which was to ha’ feast © but the cha of a genuinely fous celebration,.for all who partiel- pated in the long vigil at the gates made no secret of their relief, now that the strain was ended ao — POTATOES field frosted, no graced, i pa *80B%0,