Casper Daily Tribune Newspaper, January 4, 1925, Page 9

_ SUNDAY, JANUARY 4, 1925 FARM OUTLOOK FOR 1925 IS BRIGHTER BABSON PARK, Mass., Jan, 8.— “What was the most significant de- velopment of 1924 so far as busi- ness {s concerned?” ‘The question, put teday to Roger W. Babson, the atatistclan, brought an immediate answer outlining the recovery of the farmer and the effect this recovery may. havé on business during 1925. “The year 1924 markéd a decided change in the position of the Ameri can. farmer,” says Mr. Babson. “As we enter 1925 he ts better off than he Has been at any time sifice 1919. Twofmain factors have contributed {s'Improvement; first and fore- has been the rapid and sub- antial recovery in the price that he receives for his products and second, the trend of those non-agri- cultural commodities which he buys has been downward. “The year's ‘corn erop totalled 2,- 436,000,000 bushels—a decided de- creage from the 1923 crop, and it is s'soTsubstantislly under the aver- age output. However, the tremend mi ous jump {n prices which amounted to over, 69 per cent from the low of this year more than offsets the dé cline {n production, and as a result. to mater he thar this Sears crop is worth 8 per cent mor year, respective valuation ¢ De: ing $2.405,468,000 and $2,217.229,000. “The wheat crop was not only siib- stantial'y greater in volume than the, 1923 crop, but the price that the farmer received was 41 per cent higher. Hence, {t Is estimated that tbls year’s wheat crop is worth 54 Hen cent more than last year. or $1,- 136,596,000 acainst Inst year's farm value of $725,993,000, “The oat farmer was benefited al- so to a great extent, the value of his crop being estimated at 36 per cent more than last year, or about $739,495,000 against ‘approximately $542,137,000 last year. “Prices of cotton to the farmer as compared to last yéar have drop- ped about 30 per cent. However, the ylel ts.placed at 13,153,000 bales, against last year's yleld of 10,14 000 balss. Hence. much of the sub- stantial price decline has been coun- teracted and he will probably re- cetvé close to $1,487,000 000 for his prop, against $1,571,815,000 for last yoar. : “This year’s potato crop fs a rec- or,for all times, sxceed'ng that of 1923 by 39,000,000 bushels. Potato prices are 17 per cent under last year, ‘but the substantial increase in ylefa should allow the farmer to recefye close to $295,000,000 against $325,000,000 the value of his 1923 crop. The changes in the 1924 farm va'ues of other important crops as compared to the 1928 values are as follows: last 1023 1924 Barley, <-$ <107.088.000-$ 137,270,000 Rice --s 37,150.000 47,051,000 ‘Tobacco 301,096,000 256,346,000 Rye» «= 40,971,000 68,061,000 Flaxseed 35,951,000 68,611,000 Hay «---- 1,398.220,000 1,467,648,00 “A brief calculation of the above figures immediately emphasizes the grounds: for optimism in the farm situation. The farmer will receive over $700 000,000 more for his 1924 crops. than he did for last year's, As mtioned earlier. the farmer has ‘Tot only benefited by. larger crops and higher prices, but he has also benefited from another angle; that 1s, those commodities which he has to buy, pame'y: industrial commodi- tles, have tended downward so that Rovei W. Babson Sees Situation as Best in This Country Since 1919; Recovery Was Big Event of the Year the ratio of the farm dollar to the industrial dollars is today “higher ey it'has been for any time since “This particular occurrence has been referred to variously as the re- turn of farm purchasing power, the recovery of the farmer, the readjust- ment of "prices, and the narrowing of the price scale. All of them mean. that the farmer !s again in tne market with both money, and the in- clination to spend ti, “A return imples absence: and to get the full significance of this de. velopment we must understand justi where the farme? has been and why he has been there. In 1923. things were supposed to have been in a rea. sonable balance. We may assume that the farmer was then recetving (Essay of Helen Blanton, 13. year-old scholar of McKintey school, who won the local first prize in the Home Lighting con- est) * Here I am starting another even- ing fn the living room with enough glare to blind anyone. TI know I am an eye strain but it isn’t my fault for Iwas made that way. I am a 75 watt bulb and I ought to have a shade over ma so I would not shine straight inté everyone's eyes, but my owners do not realize that I am dangérous to their eyesight. Is would be all right if I were placed in & fixture with a semt-in- direct reflector in the center of the ceiling. Being placed this way some of the light will go through the reflector and the rest will be direct- ed toward the-ceiling and in turn is reflected around the room in a dif- fused light. $1 for his crops, $1 for his Uvestock and that he was paying $1 far the Industrial commovities that he need- ed. Under these circumstances trade may go on freely and everyone may keep busy. By 1920 we find that things have changed. The farmer is now receiving $3 for his crops, an inerease in income of 200 per\cent, and he is paying $2.50, or an increase of 150 per cent for the things that he must buy, Money flowed freely. “The following Year the most drastic price decline in history broke in upon this generally pleasant scene. Farm prices tobogganed un: til the farmer, was again receiving $1 for’ his crop, Industrial” priced also came in for readjustment, but they did not suffer so sériously and the close of theyear found commod- ‘ty prices nt $1.50. Thus the-farmer had but $1 and the thing: ed were priced at $1.50: “In 1928 the situation was some- what better, but still the farmer's income from his crops was only $1.40, while the things he needs in the industrial world cost $1.75. The year 1924, however, liasiseen the ré adjustment completed. Farm prices My oldest sister is the floor lamp, a chair sits in front of her. She is the best of all for reading because she Is a 50 watt bulb placed under a parchment shade which directs part ofithe light over the reader's should- er onto the book. My younger sister fn the dining room fs a 50 watt mill type bulb and is covered with a silk shade, she gives a soft light upon the table. She shoud be a 100 watt bulb In a fixture containing a sert-indirect re- flector. THIS is best because there issno direct Nght seen by the people seated around the table. My brother in the bedroom {s the sloomlest I'ght of all because he is so dim. He isa 75 watt-bulb and hangs from the center of the ceil- “Transformation of Glare and Gloom” Wins Prizé in Essay Contest fhe Casver Sundav Cribu ing 25 or 60 watt. bulbs placed on both sides of the mirror. These as- Sistants throw an even light on each side of the mirror and thuseliminate all shadows. My cousin {s in the kitchen and of all the lghts she {s the worst. She is so dim that she doesn’t give enough Hght to see to wash the dishes. She is a 50 watt bulb and hangs close to the ¢enter of the ceil- ing. She should be replaced by a ceil- ing fixture consisting of 150 watt daylight or o 100 watt clear blub. This bulb should be in a dense milk white enclosed glass fixture which allows the light to be directed ali around the room. She should be as: sisted by a 50 watt wall fixture placed over the sink to aid in dish washing. Another cousin of mine in the bathroom is a 50 watt bulb covered with a milk white shade and is « to the ceiling in the center. ‘This cousin should be replaced by a dense milk white enclosed glass ceiling fixture containing a 75 watt bulb thus throwing a diffused light over™ entire bathroom. Then he would be handicapped unless he had two bracket fixtures placed on each aside of the mirror level with the eye which wolild cast no shadows. Another oousin in the laundry room gives 3 medium light of 50 watts which Jights tite laundry room fairly well. He should be replaced by a 100 watt bulb with a dense milk »white ing, He should be in a ceiling fixture containing a diffused reflector which will not allow a bright direct light to shine on the bed. He should be assisted by bracket fixtures with ~hades to diffuse the light contain- glass shade in the celling. He shou'd have assistants. over the tubs and ironing “board with similar shades. I now hardly recognize, myself and my relations. We have been so completely changed and enlarged but I am sure we, as’ well as the neople we serve, are much happier since these changes have taken place for crops havi risen to $1.58 and in dustrial prices. have receded to $ The farmer is again in the market for the first time since 1920, He has’ almost a bfil‘on’ dol lars more than he had last year, in cash, and the accumulated needs of three 'ean years clamor to be filled. “This balancing of income and out- go is vitally important to the farm- er and to those who do businesr with him directly. but it is also of unusual {mportance to everyone. in the United States regardless of oc cupation or financial position, First the farmer is a primary producer. Money in his hands works fts y through our whole commercial. fat ric. More important than this is the fact that'the farmer represents fully 80 per cent of our total market, and it Is impossible to have a period of real prosperity unless al’ groups are relatively prosperous and are buyin actively. The spurt in - business which started in the fall of 1922 and ran over into 1923 was doomed for this reason: With but 70 per cent of the prospects buying, the factories filled all the orders and soon got ahead of. themselves, “The return of the son of the soll to our markets) therefore, deserves first position as the most, important and significant development of 1924 General business ‘as reflected by the Babsonchart 1s now s'ightly above normal. We may‘or may not see continuous and growing prosperity this year, but at least one of the. necessary conditions for such pros- perity has been fulfilled.” Everyman’s “Consult Your Banker.” What justification fs there for the phrase, “Before inyesting consult your banker?” You, yourself, are probably familiar with your bank and have a hazy idea of what it does, but have you ever visualized the entire banking system of this country? There.are 29,465, banks of which 21,830 are state’ banks, according to the National Association of Super- visors of State Banks, Five years ago there were a few less, or 28,813 At that time, 7,785 were national banks. «In other words, the increase for the f#ountry in five years in num bers, is relatively negligible. How- ever, when it comes to a comparison of resources over theyperiod, from June, 1919, to March, 1924, there {s a different story. Total resources have Inéreased about 19 per ‘cent and now stand at a figure which few of us can even dream of, about 65.7’ billion dollars. Even the 46.8 billion dollars in June, 1919, was a pretty big figure. Deposits have shown a similar in- crease and dur banks now have to lend or invest some 46 billion dollars in deposits. That is quite a job. About 29 billion is In loans and d's counts and another 13 billion in securities Since the bankers, or at least the ow stock: Investment have some 6.7 billions of their own money invested, they are. mighty eareful how they place that enor- mous fund, because if there are any tosses, the stockholders stand «for them, not the depositors. Since the bankers ‘must of neces. sity lend or invest efficiently and safely, many billions in order to safeguard their own money, it is evident, that they, in thy aggregate, invest in, or Tend to type of business. Undoubtedly more billions would be added if the private invest ment bankers were included in the tabulation, There are many kind of bankers and they specialize on different phases of banking; some are commercial bankers and some are investment bankers, but who in all the world is better. fitted to ad vise you on investment - matters, thar your “banke: Textiles. BOSTON — The Linwood and Saundersville mills at Whitinsville, Mass., and the Parkhill Manufa {ng company plant at Fitehburs « now working full time following cuts in wages ranging between 10 and 12 per cent {n the former two ‘and ten per cent in the latter, ur For results try a Iribune Class! fled Ad You can still join our CHRISTMAS CLUB You will have money next Christmas for gifts and other purposes if you come in now and join. There is a club for the money you can spare cach week. Don’t delay any longer. Casper National Bank 35 Years of Service May We Serve You Commodity 1925 Copyright, “Casper Tribune. iteel- PITTSBURGH—A' heavy export usiness for tin plate is expected for the first half of the year. One com- pany "has sold 100,000 boxes. Book- ings ‘have not approached the No- vember level in steel products. Prices are Wrm. COATESVILLE, PA. — Orders have been given to light another hlast furnace at the Bethlehem Steel company’s plant inside of ten days. At the same time, two plate mills will change from single to’ double turn, All four plate mills at the Lykens Steel company plant are at capacity. Dairy Products. CHICAGO—Exportation of egss and oleomargarine were lower dur- ing. December than for the same Trade News month in 1923. Oleomargarine ex. Ports totaléd 66,853 pounds compar. ed with 105,291 Inst year, while ese exports were 2.167164 dozens, com- pared with 8,363,930. Lumber. SHREVEPOR’’, LA.—Timber on 5,000 acres of ‘and in Webster par- ish, Louisiana, has been sold to the Grant Timber and Manuficturing company of Minden by the Pardee company for a consideration of $211,650. Ten years is given for re moval of the timber. Livestock. JEFFERSON CITY, MO—The Missourl marketing board reports that there are now 1,800,000 head of sheep In the state, valued at $25, 000,000. Sheep raising has been more profitable than any other branch of the livestock {ndustry the past year. Market Gossip: Boyd OM company has completed its Simmons number 5 n Worthfield field with an initial production esti- mated at 6,000 barrels per day. Several. counties in New York Start ove to bring before leg slature measure for ohe cent tix on gaso- line for highway maintenance. ‘Test well-on the Picket acres, east ide of Old South Liberty Salt Dome, Texas, came in making between 600 and 700 barrels crude, estimated at gravity. Petroleum !mports into United Kingdom for eight days ended De- vember 29, were below 8,000,000 {m- perial gallons against 30,000,000 week before. Herald Tribune says hint in Mex- leo City dispatches that Doheny pro- pert'es had been sold or will be sold to Standard Oil are entirely without foundation so far as official in- quiries in New York know. pea Fae A Grace African Methodist “The Friendly Church.” 305-{orth G steeet. Rey. T. J. Burwell, B. D., minister. Sunday school at 10 o'clock, Mrs. Emma 3. Sanders, su- perintendent. Sermon at 11 by the minister, subject, “The Changing Years and the Unchanging Christ.” Holy communion following the ser- mon, This being the first Sunday of he New Year a large nugber hould avail themsetves of this op4 portunity of communion. Evening worship at 7:30. Subject of sermon, ‘Our Father Who Art in Heaven,” the first of the series dealing with the Lord's Prayer.” Music by the senior choir, Church conference of much importance or. Monday at 8 ». m, Every member ts expected to inake an effort to be present. Dollar y for stewards on January 11, 1925. The new envelopes for the en- suing year are ready for distribu- tion. You may get ‘yours from the church secretary, Mrs. Emma ®. An autopsy established that death was caused by arsenic polsoning. The woman's 38-year-old son, Wil lam, {s in critical condit’on at the hospital from pneumonia, and her 5-year-old dayghter, Betty, ts suffer- ing from a sévere cold. Mrs. Hickenbottom and the child ren arrived at the Albany hotel sev. eral days ago and the woman reg’s- tered without giviig an address. genic ae No dhs ull The average investment for ma chinery on a 160-acre farm 1s $1,600 —to havea good Banders. You are, welcome to our church and to {ts fellowship. Woman’s Death - Sudden, Relatives Are Being Sought CHEYENNE, Wyo., Jan. 3.—) Coroner Bayley C. Finkbiner is en- deavoring to locate relatives of Mra, Marian Jefries Hickenbottom, who died at Memor'a} hospital after she had. beofi*found. unconscious on the floor of her room at a local hoteh APPETITE/ “Yes! thank you.” GOOD appetite means a cheer ful disposition. You may have a good appetite if the blood that’ goes constantly to your vital organs is pure. 6.8.8,. purifies the blood—a good appetite follows and you will have a clear complexion and will be strong, cheerful and healthy. Don’t go on feeling up one day and down the next—hardly sick but never well—losing “pep,” punch and ambition. Hearty eaters Bré. the, red-blooded men and women, Enjoy your food! Get back your strength and energy! Reclaim yourself before it is too late! People in a physically run- down condition are an easy prey to disease, 8.8.8. is what {s needed. Your blood needs purifying. Your bloof- cells supply: the energy which keeps your body well and fit. 8.5.9." aids Nature in supplying new red- blood-cells,—the spark that rejogs your system. Carefully selected, scientifically proportioned and pared herbs and barks make up .8,8.—the great blood purifier which 5 Sed Nature a helping hand. Get back the lost appetite, the missing vitality, the keen, spark- ling eyes, that look of determina- tion, 8.8.8. will give you more energy, Vitality and vigor and @ more up and going appearance, 6.8. 8, is sold at all drug accredited representative NECKTIES RE MAIL WITHOUT ORDER _ DRAWS ORIGINAL REPLY Prompted th to pron ssive candidate Da mingway a CEIVED BY 1 the t | terday ¢ Dawes’ troy ferred withheld by request, answered the shipment with the following, letter: “Dear Sir:— Fi his morning's mail brings me your package of four neckties which I never ordered. “Waiving the question .as to whether or not it {s was présump, tuous on your part to send-a man four neckties. and ask aman to they are here-in good shape—held subject to your disposition. “The S-cent stamp 1s also here and you can have it if you cor persone after’ itvlor osend .an to receive it. shall charge you storage «at the: tate ‘of 10 cents a day on these articles, and, if not called for withir a reasonable time, will give the rity bazaar or some ¢ some! of the rt “I am engaged in other work thinking being my main occupation So” if you~ wantythe» neekties sent back you will have to send someone to.wrap them in the envelope you sent and lick the sweet mucilage on the 8-cent stamp you enclosed ‘There are many first-class stores In this City selling npckties rex sonable prices, and 1 not see why you should so herolc under. take the self-appointed task of selecting and serding to me on ap proval, without any suggestion from “If you conclude to come here to personal!y conduct the shipment of hese ties which are held subject to our disposition, I will call attention o the fact that we have some good hote the largest m hot springs in the world w “I am registering this letter so I know that you will recéive it. RESO Overdrafts United States Bonds Btock in Federal Rese Furniture and Fixtu Real Estate TOTAL B. B, BROOKS, Presi stores in.two sizes, size is more remit $1.50 for them, will say that} me whatever, four neckties Which I do not ‘want and which f° will not use. If you will look at miy birth} certificate in you will find that I was not one of the ‘born’ every minute’ kind 18,600,000 gallons every day and that people come here from all parts rs of the werld for health and pleasure. Colds Headache The entertain nt committee of the ehamber of commerce will no doubt Pain ] uralgia try to make your visit both enjoy- able and profitable, If you send a fepresentative to get the ties and| Toothache Lumbago stamp be sure to give him proper erédentials and have him call on] 1 AY at) me only, during busines hours. Neuritis Rheumatism “How would you like to trade some neckties for a vinegar receipt? “Do they, haye any moving pic ‘ure shows in Buffalo? “Do you think the cafeteria has come to st: Loans and Discounts. Other Bonds and Securities__ CASH on Hand and Due from Banks and U. S. Treasurer 1,303,607,18 $4,357,895.44 A.C, RIKER, Assist ROY. ©, WYLAND, Director R. H, NICHOLS, Director CAPITAL AND S Many -Casper. men..have been “Hoping these few lines will find}{s former Govern h annoyed in the last, few weeks by| you well, and wishing you, the com-|Carey of Carbyhurat, no rm receiving from a mail order house] pliments of seas Iam, ot President ¢ special com-} in Buffalo, N,V.) a “shipment of _ niittna’ fs 6fi aarctenat | four neckties, ‘fhe shipment con tural conditior Hon. Bob tained a sejf addressed envelope Ht Carey ordinarily considers a pipe a} with gn elebt cent samp tote unaleremingway Made | carey orainarity considers pipe | in shipping the ties back to the 5 * he finds no_ partic pleasure ir company if they wero not wanted. Gift of Pipe By such jaw. breakers. In this case The same situation {s evidently though, he will some day have the prevalent throughout ths state and 2 glory of pa the unique a Thermopolis man, whose namo Is Chas. G. Dawes on to his huge ids of smoke from one of} those ubiquitous underslung Imita-| Se |tions of the real “Hell'n Maria”| THERMO! Ww a The picture of such loyalty! mining tow Owl ( k Coal |SAY “BAYER ASPIRIN’? and INSIST! | Unless you see the “Bayer Cross” on tablets you are not getting the genuine Bayer Aspirin proved safe by millions and prescribed by physicians 24 years for Accept only ‘‘Bayer’’ package which contains proven directions, Handy “Bayer” boxes of 12 tablets Also bottles of 24 and 100—Druggists. Aspirin is the trade mark of Bayer Mavufacture of Monoaceticacidester of Sallcylicacté Safe- CONDENSED STATEMENT OF THE OF CASPER Close of Business December 31, 1924 URCES 2,497,1382.41 2,806.22 404,509.38 57,211.25 9,000.00 70,798.77 12,831 fd eR Capital Stock Surplus rve Bank res. Circulation DEPOSITS MODERN BANKING SERVICE IN ALL DEPARTMENTS OFFICERS AND DIRECTORS. ident t Cashier C. W. AMENDE, Assistant DP. J. O'CONNOR, Direc: C, B, RICHARDSO Undivided Profits _.._--____ TOTAL --___$4,357,895.44 THE LARGEST BANK IN CENTRAL WYOMING CARL F. SHUMAKER, Vice President and Cashier PAGE NINE mpany, 12 miles north of here, a so'ld t t Gebo ay eeveral days starte go for This ts the larg- est sing’ ment of coal ever EW LAMP BURNS 94% AIR Beats Electric or Gas y ofl lamp brillant A arr ev gives an . white Hght, gas or elty. 1 by the 1. Gov- 5 leading universities be superior to 10 or It burns without noise—no pumping mple, clean, safe, Burns 94 tha £0 cen test ment and and found t dinary’ oil lamps xdor, smoke or 3 fs 6 soe aca SOU TUN OF GON, (oS nese ssccea| ROM GEBD TO SPOKANE) 9% 2°: sta him introduce fn of full partic him to nk explain how the agency, and without mor make $250 to Ask Your Grocer FOR THAT GOOD Butternut Bread 16-OUNCE LOAF Wyoming Baking Company 324 West Yellowstone Phone 1732 | $5.00 Reward | Five dollars reward. will be pain |to the party furnishing the Casper | Daily Tribune information leading lt » the capture of the person who is collecting subscriptions » subscribers. Patrons ld not pay an pion except the delivers the paper or collector from the are not sure you are ng the right collector, ask him how his credentials, If he can- not do go please call the Tribune. Telephone 15 WYOMING NATIONAL BANK LIABILITIES --$ 200,000.00 100,000.00 6,205.72 195,600.00 3,856,089.72 Cashier tor N, Director URPLUS, $300,000.00