Casper Daily Tribune Newspaper, November 29, 1924, Page 6

adel Heeean a ch er wa.’ DS YY DY YD “4... PAGE SIX TOCK CLIMB IG UNCHECKED Low Priced Rails and Spe- cialties Lead Exchange Trading NEW YORK, Nov. 29.—Stock prices continued their upward move- ment today with heavy buying of speculative issues stimulating the early trading. New high records were established by Frisco, first pre- ferred, Allied Chemical and a variety of other stocks in the first few min- utes. Steel shares were in great de- mand. United States Steel leading an advance in which numerous inde- pendents joined. While several high priced stocks moved up smartly under the léader- ship of American Can, Union Pacific end General Baking, buying was con- centrated mainly in the minor spe- ciaities and low priced rail shares. Copper and oil stocks were sluggish but public utilities, chemical and accessory issues were in de nd at rising prices. More than including Studebaker and rican went into new high the first half hour of rading. Pittsburgh and West Vir- gina led the rails with an advance of three points while gains of one to 2% wi recorded by American ‘Waterworks, General Baking, Pressed Steel Car, Union Pacific, Union Bag and Paper, Replogle and Bethlehem General Asphalt and Univer- sal Pipe issues. Forelgn exchanges were € att North ground, W YORK, Nov. 29.—Foreign steady. Quotations in Britain demand 462%; 60 day bills on banks | ance demand 5.29%; cables Ituly demand 4.3314; cables Belgium demand 4.89; cables 81; Hol- Sweden Denmark ; Spain Greece 1 Slovakia ; Austria .00144 Argentine 38.0 Tokio 38%; Montreal Nov. 29.—Butter low- extras 50c; standards sts 45@48c; firsts 38@ seconds 33@35c. Ss unchanged. Receipts 2,319 ets OIL SECURITIES By Wilson Cranmer & Co. Bessemer - ----- 2 Boston Wyoming 80 Buck Creek -. 3 16 Burke --. ; 26 Blackstone Salt Creek .20 .25 Chappell -- + 09 Co'umbine. - Central Pipe - Consolidated Royalty. Cow Gulch Domino -. Elkhorn oe E. T. Williams --.. Fargo Frantz Gates Jupiter .... Kinney Coastal Lance Creek’ Royalty - . Marine 1.00 1.2 Mike Henry 7 Mountain & Gulf - New York Oil Ploartly) Sacacceneneece | Preston - SS AT Red Bank - jf i Royalty & Producers, .03 .04 Sunset 05 Tom Bell Royalty - 08 Western Ekxploration- 3.05 Western States -. 12 Y on ow OT NEW YORK CURB CLOSING Bid Ask Meantain Producers - 18.87 19,00 Glenrock Oll --. mee ‘ Salt Creke Prod. Salt Creek Con: New York Oil .. Mutual ~--. S. O. Indiana — HEAT DEMAND STILL STRONG Fear of Further Frost Dam- age in Argentina Is Bullish CHICAGO, Nov. 29.—Fear of ad- ditional frost in Argentina tended to lift wheat prices today during the early dealings. Reports from Ar- gentina were to the effect that the weather had turned colder again. Dispatches were also at hand say- ing that Australian crop estimates were being reduced and that 50 per cent exportable surplus in Australia had a'ready been disposed of. The opening, which ranged from %c de- cline to {c advance was Decembér $1.54@1.54%, and May $1.62@1.62% was followed by a general upturn to well above yesterday's finish and then something of a reaction, espe- clally for the December delivery. Corn and oats sympathized with the wheat advance. Offerings both of corn ‘and oats were scarce. After opening at %c off to %c up. May $1.20%@1.21%, corn scoreil material gains all around. Oats started at %c decline to %c advance, May 58%@58%c. Later all months showed some advance. Higher quotations on hogs gavo strength to thé provision market. New York Stocks Last Sale Allied Chemical & Dye -. American Can American Car and Foundry American International American Locomotive — American Smelting & Refg. American Sugar American Tel. and Tel. . American Tobacco American Woolen American Zinc, Lead and Sm. 9% Anaconda Copper Atchisen Atantic Coast Line Baidwin Locomotive Baltimore and Ohio ~. Bethlehem Steel . talifornia Petroleum nadian Pacific Central Leather Cerro de Pasco Chandier Motors ~ Chesapeake and Ohio — Chicago and Northwestern Chicago, Mil. & St. Paul pfd. Chicago, R. I. and Pac. Chile Copper Coco Cola Colorado Fuel and Iron Congoleum ~--,4--. Consolidated Gas - Corn Producis, new - Cosden Of - Crucible Steel - Cuba Cane Sugar pfd. Davison Chem Du Pont de > Erle . Famous Players Lasky General Asphalt .. General Electric ~ General Motors Great Northern p: Gulf States Steel Houston Oil Munois Central International Harv Int. Mer. Marine Int. Tel and Tel. - Invincible Ol - Keliy Springfield Tire mours ~. if } 71 pee £ MINE IS KILLING ME~- - AND THAT NO ACCOUNT TAKS HIM CUT= £ JOCKEY OF MINE DONT + S 1TS-UP To MEw- WT OR NO Gour! weed 339882 yee sf Pa ‘GASOLINE ALLEY—AVERY GETS SOME ADVICE i De OF COURSE MR. WICKER THINKS HE'S AOVISING ME WISELY BUT HE DION'T TALK TO THIS FELLOW. SND IT'S JUST AS THE FELLOW says HIMSELF, YOU'LL NEVER GET ANYWHERE IF YOU DON'T TAKE A CHANCE. SRONO DINNER AND FINE TIME CLAD YOU OID. Shy MR WICKER, ! WAST “TO ASK YOUR ADVICE AS ONE BUSINESS MONEY, MONEY, THEY Sav. WELL SINICE 1 HAD MY. GOOD & LOT OF OPPORTUNIMES ~ HAVE COME MV way. 1 WANT TO TELL YOU 3 — qt OF COURSE IT SOUNDS GOOD. BUT SOLID INVESTMENTS DON'T PROMISE 300 PERCENT PROFIT IN A YEAR I COULON'T ADVISE IT. BUT HE H40 THE FIGURES RIGHT THERE TO PROVE IT.. CERTAINLY SPREAD YVOORSELF. aay NS S75 Loa aed eer of the American Cotton Fabric com- pany is now in a fivedmy a week schedule, an increase from the pre- vious four-day rate. mmodity Trade News (Copyright, 1924, Casper Coal and Coke. CONNELLSVILLE. — Contracting for Connellsville furnace coke for the frst quarter has begun at $2.35 a ton with prospects that the price will work up to $3.50. Cold weather has released some coal shipments. Non-Ferrous Metals, FORT WORTH.—It is expected here that quicksilver prices are. due} to advance and are preparing for in- creased production from Texas mines early in 1925, e. Railroad Eouipment. ena *ST,. LOUIS—The St. Louls Car company has received an order from the Brooklyn city railway for 100 steel trolley cars. The 42% w] be about $1.900,900. POTATOES CHICAGO, Nov. 29.—Potatoes, trading, light, market, dull on north- ern, weak on western stock; re- cepits, 98 cars; total U. S. ship. ments, 588; mostly fair to ordinary Westinghouse Electric and Manu- facturing company, who declares the radio business has grown faster than the auto industry. POINTS REVIEWED BY FORBES EFENSE IN CHICAGO TRIAL CHICAGO, Noy. 29—(By The As-] Masin company of Seattle in refer- sociated Press)—The hictury of vet-| ence to contracis was entirely ‘un- sothe, Ohio, American Lake. Wash.,|‘trip, long before Forbes’ resignation snd Livermore, Cal., were reviewed began to be discussed in Washing- oy counsel for Charles R. Forbes in| ton, Colonel Forbes urged President completing his address to the fed- Harding to ailow him to resign be- eral court jury which will try Forbes | cause of the heavy burden, his coun- Cotton. ST. LOUIS.—Ninety per cent of the cotton of southeastern Missouri has been harvested. DETROIT.—The monthly capacity of the newly organized Murray Body corporation, the result of the merger of three body manufacturing plant: will be 20,000 closed bodi and 10,000 open bodies. Sixty-five hun- . and J. W. Thompscn on charges vf | sel said. Clover. dred men will be employed in the quality: Minnesota sacked round} tcfrauding the United States gov- “We expect to show that. this en- abe terres of clover} four plants. whites, 70@80c; few higher; Wiscon-| srnment on these hospital contractr.| tire case i based upon a cleverly seed in Michigan this year will be — sin ‘sacked round whites, 75@80c\| Cl. James S. Easby-Smith, chief | co: : y Bl ee cone EL Ga 8 y-Smith, chief] constructed fabrication by Elias H. few fancy, | 90@95 Russets, $1.75@2.00. 1.90. Idaho sacked ‘ounsel for Forbes, referred to many Mostly $1.85@ Mf the alleged overt acts in the’ gov- 2rnment indictment_as entirely nat- ial, especially his conference with sontractors. Advance notice of plans tnd specifications fcr these hospita s ° any favored contractor was physi- sally imporsible, Colonel Euasby Smith declared, because of the na- ure of the work in preparing these lrawings. 147,000 last ye: is estimated at 8 compared with 1 The national crop 00 bushels as 23,000 last year, HOUSTON.—The average daily oil Production in the Gulf coast and south Texas fields in the last week increased 3,330 to 143,230 barr Sixteen new producers were brought in. Mortimer,” Color! Easby-Smith said. “It grew and grew as Mortl- mer obtained mcre information from government files and that Mortii declared ‘Forbes cou'd have me a rich man by giving me con. “© tracis, but he wouldn't do it.” ‘ Mortimer has already testified bee fore the senate committee that Forbes interfered in his domestic life’ or Market Gossip Fruit. ST. LOVIS.—The Missouri vine- yards corporation has been formed and incorporated under the laws of this state to encourage the growing of concord grapes in Howell county. Textiles. E. B. Filsinger, export, manager of Lawrence and company, BOSTOD ‘This is Harry Grindell-Matthews, in- ventor of the new death-ray, now and alienated the affections of his nab US: predicted today that increasing ac:|beime’ test ary Sedna e's hides General Summary. _ The proposed hospital at Liberty,| wit Fish; tivity in the South American, Euro-| Flatholme, off the coast of France.|, Replogle Steel will blow tn one of| N. Y.,,which was abandoned iater Forbes _ discovered such fraud: AUGUSTA, Me.—A strong fight {s}pean and Russian textile markets : its Wharton furnaces about first of| in favor of the one at Tupper Lake| when he took cver the veterans being made in the Maine legislajure| would soon restore New England year, Operations at Mount Hope| n the Adirondaks was changed at bureau, his counsel said, as the: fill- bor aakina fe teaca res aussie | wos spon. spetore. New Machinery. mine, will, be. yeaumed at anee. he sugzesticn of Lieutenant Miller] ng of veterans’ teeth with brass ine Kennecotc Copper Louisville and Nashv Mack Truck ~ Marland Oil Maxwell Motors A -. Middle States Otl Missouri, Kan. and Missourt Pacific pfd. ssourl Pacific, pfd. New Orleans, Tex and Mex. . Yew York Central Y¥., N. H. and Hartford Norfolk and Western ex div. Northern Pacific Pacific Oil Pan American ePtroieum B- Pennsylvania - 48% Producers and Refiners 29% Pure Oil - 274 Reading -------. = 67% Republic Ircn and Steel - Reynolds Tobacco B Seaboard Air Line ~. Sears Roebuck - Sinclair Con. Sloss Sheffield Steel and Iron Southern Pacific ex div. -. Southern Railway Southern Railway pfd. - Standard Ojl of Cal. Standard Oil of N. J. ex div. Studebaker Corporation Texas Co. as and Pacific — ‘obaceo Preducts - ‘Transcontinental Oi) ~ United Drug - Union Pacific U. 8. Cast Iron Pipe U, 8. Ind. Alcohol -- Bid Ask io Am. Oil 1i% 17% Borne 2.235 238 Buckeye -. 63 rough Mfg. 49% scent 15 Cumberland 138 ureka ~~ 92 3 58 117 . Sig New pfd. ~~ 107 Illinois Pipe --.-----. 135 indian Pipe 78 National Transit 23% New York Transit 8735 Northern Pipe . 87 Ohio Oil . 654 International Pete — 24% Penn. Mex. - 36 Prairie Oil - 208 206% Prairie Pipe 105% 105% I 213-215 anges 91 92 mn Oil - 142 4s 8. W. Penn. Ol) - we 83 §. 0. In 61% 61% S$. QO. Kan 38% 39 0, Ken. ~ 119% 120 D.,N. ¥- - 44% 44% 5. 0. Ohio _ 373 375 S. + Ohio pfd. ~ 114% 117 Swan and Finch 25 (26% Vacuum -- $24 83 shingten - 29% 30% . 0. Neb. = 268 260 United States Rubber United States Steel ex div. -- 118 Utah Copper - 80% Westinghouse 645% Willys Overland Woolworth -.. CRUDE MARKET Cat Creek $1.20 Lance Creek 1.15 Osage ..-.. Grass Creek, light Greybull Torchlight Elk Bi Rock Creek Salt Creek Big Muddy Mule Creek Sunburst Hamilton Dome Ferris Byron” ---2-2--est. Notches ---------—----------. Pilot Butte ----.—.-.. LADUE coer erccwwwwn-- +e en. duction in the minimum size of PHILADELPHIA — The Cramps fishes which may be caught. Ship. and Engine Building company has just received its first order for hydraulic machinery from Japan. The order will cover vertical tur- bines developing 13,000 hi with accersories to fit out a hydro- electric plant on the Hyda river. Automobiles, DETROIT—The Hudscn and Es- Sex coaches have been reduced $50 in price and the Hudson sedan $35. Rubber. AKRON—Tire production in this section continues at about 90,000 cas- ings a.day, or about 10 per cent less than the rate maintained up to mid- ‘October. Purchase of fabric mills in the east by some companies marks another step in their march toward furnishing thelr own materials. Rumanian government has pro-| \ naval engineer, Colonel Easby- posed a settlement of Baldwin Loco-| Smith declared. motive of ten anntihal payments,| The Thompson and Black code but Baldwin.company now insists on} 1sed in telegrams with the Hur ey- immediate payment. in full, accord- ing to Bucharest dispatch. -Baltimore Ohio reports October net earnings. of $4,553,544 against $4,604,445 last year. thicago & tead of gold by grafting dentists, and the vocational training school to teach ex-soldiers how to become sword-swallowers. GIACOMO PUCCINI, FAMOUS OPERATIC COMPOSER, IS DEAD BRUSSELS, Nov. 29.—(By The As- sociated, Press.\—Giacomo Puccini, famous operatic composer, died at noon today from a throat infection followirfg an operation. Peanuts. FORT YORTH.— Peanuts are moving to.the oil mills from Parker county. and farmers are receiving $1.25 to $1.30 a bushel. Many mills are idle in west Texas this year be- cause of crop shortage and ship- ments are going to distant points. Shoes. . WAKEFIELD, Mass.—The em: ployes of the L. B. Evans Shoe com- pany who have Been on strike here since September because the. com: pany insisted on open shop condi- tions have voted to refuse to return to work. IMinois Octo- ber surplus after charges was $145,- 364 against 174,477 in October, 1923. Cities Service purchases gas dis tributing system in Wichita, Hut- chinson, Newton and Pittsburgh, from Kansas Gas.and Electric for $6,000,060. Cuban Northern railroad workers threaten sympathetic strike; Presi- cent Seayas will ask congress for authority to intervene. Reo Motor Car for year ended August 31, earned net after federal taxes, $3,412,041 against $5,603,478 in preceeding year. oil rs Crude petroleum stocks during Oc- tober decreased 1,326,000 barrels. Stocks October 31 were 362,374,000 batrels against 363,700,000 Septem- ber 30... , i Bill presented to House of Repre- sentatives of Cuba” placing import Iron and Steel. PITTSBURG—Large tows of stee) consigned to southern ports are be- ing delayed by Jones‘and Laughlin |. and Carnegie Steel because of low river in the Ohio river. Carnegie Steel will soon start its tow to New Orleans, on the first high water. The J. & L. ‘tow’consists of 15 barges. Autos. ST. PAUL.—The new Ford Motor company plant here will begin opera- tions January 1 with a force of 1,000 men. Engineers say this force will be increased to 3,000 by July. most popular composer with Ameri+ cans, MAIL EARLY DRIVE IS O8” WASHINGTON, Noy. 29.—U! cedented efforts will be made wate the’ next few weeks to persuade everyone to “mall early for Christ+ mas," the campaign will be opened by Postmasted General New when he goes on the air next Monday,eve. ning from a Washington radio’ sta- tion to radiocast an appeal that Radio, CLEVELAND.— Many Cleveland plants which make other - products as well, including the National Car- bon dompany, are busy on radio equipment orders. This activity was spurred by the statement of Guy E. Tripp, chairman of the board of the LIVESTOCK Omaha Quotations. CLVELAND—The furnaces con- sumed 8,497,792 tons of iron ore in October, an increase of over 570,000 to@s. Six stacks were added to the active list, making 24 of 45 stacks in this district now active. Lumber. NEW ORLEANS — Orders. to Southern Pine Association mills last week increased’2.2 per cent over the previous week to 68 million feet. Shipments advanced 3.1 per cent to Coming from a family which for = century and a half produced an uninterrupted line of famous mu- siclans, it was not surprising that Giacomo Puccini early showed signs of precocious musician talents. Puce! was one of the few com- posers of recent times whose opera successes were both numerous and lasting, As to numbers, he is matched only by Massenet, but so far as frequency of performances is concerned the Italian composer far Shoes. LYNN, .Mass.—Derpite the inten- tion, of three’ Lynn .shoe factories to move, other factories here are working. at capacity. One concern up .operations 50 per cent. Five factories are turning out from 1,000 to 2,100 pairs of shoes a day, FREEPORT, Me—The citizens of this.place have decided to abate the ; surpasses the Frenchman, in Amer-| P°S'@l workers be permitted to hay. OMAHA, Neb,., Nov. 29.—Hogs— | 81,600,000 feet. and’ production was| taxes of the Sawyer Boot and Shoe | uty’ of $1 on every 1,000 gallons) US en Page Miner"! thelr day at home Christmas day by Receipts, 10,000; uneven; mostly 10¢] out 2.4 per cent to 70 million feet, | Company for ten, years, in view ‘of | S@50line. imported. 4 lava Giulio Gattl-Cassazza, general man- ager of the Metropolitan Opera House, once said Puccini was the one posting their gifts, cards and letters 86 as to permit delive: before the holiday. a8 Twenty-three stations will be util. ized by postmasters in sending forth Department of Industry of Mexico announces it will begin next week a revision of petroleum laws to mu-’ tual advantage of nation and oj! in- higher; butcher grades, active; others, slow; bulk 200 to 800-pound butchers, $8.50@9.10; top, $9.20; de- sirable 160 to 200-pound weights, thé fact that the company is prepar- ing’ to’ re-opén a fartory closed for a-year. Unfilled orders «total -274 © million feet. . SPRINGFIELD, I Turkeys. ST. PAUL—Twin cities prices on $8.0008.50; light lights, down to sche: Iifiols | auatey a similar appeal. Eight thousa: 8 5 taled Domestic crude off production in ne. $7.25; packing sows, mostly $8.25@ | turkeys, geese, chickens and ducks! apple crop this year to! 5,490,000 5 ee 2 motion , picture © theaters, twenty i feed 1. $5.0 50; bulk last season's levels, with . bushels as compared with 7,370,000 | week ended November 22 averaged F a Ww ea he thousand newspapers an, ds of all henipedl pe nveraie re oreo last a} nite bushels last year and was only 64/|1.963,000 barrells daily, an increase ur t rT lewspapers and thousan: average cost Friday, $8.47; weight, 233. Cattle—Receipts, 350; compared with week ago; fed steers and year: ngs, 26@50c higher; sop long year- lings, $13.10; welghty steers, $10.75; bulk, $6.50@10.25; grass cows and hetfers, 25@50c higher; canners and cutters, 15@25c higher; bulls, 10@ l6c higher; veals, 25@50e higher: stockers and feeders, strong: | bulk price’ follow: Grass cOws and helf- $3.60@5.00; canners and cutters, plies large. Turkeys are retailing for 30c to 43c a pound, with other fowls proportionately lower. Large shipments are being made to the east. of conspicuously placed Posters are their mediums through which the campaign ‘will be waged. FIRE BUG IN ™ DENVER BUSY DENVER, Colo., Nov.) 29.—Three fires, one sald to be of per ceht of normal. Wool. FORT. WORTH—For the first time in the wool industry of the Lamp- asas region, spring 12 months cips have been contracted for in the fall before., The prices named run up to 50c a pound and contracts are be- Ing accompanied by sizeable ad- vances to see sheep men through the winter. 50 over preceding week, ac- cording to American Petroleum in- stitute. tandard Oil of Kentucky declar- ed regular quarterly dividend of $1, payable January 2 to stock of De. cember 15. es Grain Opinions. BARTLETT FRAZIER.—We be- lieve’ wheat will move upward to new high levels. Coarse grains ulti- Forecast to Start Week WASHINGTON, Nov. 29.— Weather outlook for the week be- ginning Monday: Upper Mississippi and lower Missouri valleys fair at beginning NEW ORLEANS—Receipta of tur- keys for Thanksgiving are smaller than expected and wholesale prices have risen 5c a pound from 35c to 80c. At retall, prices. range from B50 to 45c. incendiary ; bologna bulls, $2.73@| SAN FRANCISCO—Scareity of of. a mately. should sell higher. and rains and snows about middie~ | Origin caused damage est! 8.50; practical ven forings has tightened up the turk: Potatoes, HULBURD WARREN—Very bul:|' and again toward end, moderate | 86.400 here, Semen ok ers and foode market with indications that con-| LANSING, Mich—The average A temperatures but with he Three trucks wi . Shtep—Ri 1,200; compared] sumers “will pay 45c a pound, an ad-| yield of the Michigan potato crop WINTHROP.—Believe rather, ere destroyed in marked alterations, Northern Rocky Mountain and Plateau regions: Mostly fair first hd with rains or snows with week ago: Wooled lambs, 75@ 90c higher; fed clipped 50@75e high- er; yearlings ana sheep fully 5c n fire in the garage of the Bell Coal company and caused a loss of $6,- 700. Six others trucks were remov- vance of 3c in three days. this year was 127 bushels per acre. This yield has been exceeded only in 1909 and in 1934. There ‘ts no dis. the bullish pesition will eventually work out ‘satisfactorily. STEIN ALSTRIN,—Wheat seems Furniture. KITCHENER, Ont.—The furnituré b bout |ed without damage. higher; feeders 10@15c higher. Clos- criinination this year against Micht-|to be in a’ good position to respond} middle. and. seein " eelve w 4 i ing bulks follow, Fed western lambs, | industry in Kitchener and Waterloo | gan potatoes. Last year they were|to bull news. We cannot feel bul- moderate témperauuites “mou oe fcpint the de arnt A fae $14.00@14.20; week's top, $14.28; na-|{s experiencing better ‘times than | quoted 15c to 50c a sack below the| lish on corn ahd oats just now. the week but with rather marked’ |and damage of $100, our Mulls tives, $13.25@13 fed ‘clipped, | since 1920. Five factories are work:| Wisconsin product. RIORDAN -MARTIN.—We are| alterations. SONG seen ae see $11.60@11.75; yearlings, 10.00@10.50;| {ng at normal capacity, and some bullishem wheat If wheat does! Southern Rocky Mountain repitae Abi reed fat ewes, $7.25@8.00; week's top, $8.10; feeding lambs, $13.25@13.85. and. | wes destroyed on the plateau regions mostly fair and outh side late last night moderate temperatures, rn isht with an ostinmiated loss of are working overtime to supply the Detter, corn maybe expected to fol-| Christmas rush. S low to some exvent, i Textiles, BOSTON—The Newburyport. mill % c HOSPITAL PROJECTS AT THREE’ : a ; +99 weg Ee ges “Wes Emsecg ist ire in fal a he be. ne ay ur ty. ‘