Casper Daily Tribune Newspaper, January 26, 1925, Page 7

MONDAY, JANUARY 26, 1925 — ee Oil :: Finance Textiles. LAWRENCE, Kan., Jan. 26—The Paletic Mills have not yet determined on ite wage reductions in the main plants here. Some reduction is ex- Bected but probably will not affect workers in the worsted mills or the disaching or printing departments. The company has reduced wages five per cent at the Dover, N. H., plant effective Monday. Syrup. ATLANTA, Jan. 26—The largest syrup aales in the history of Georgia was concluded this week when the Cane Growers’ Co-opsrative associ- ation acid £,000 brrrels to Rodden- berry brothers, packers, for $130,000. Production in the state for 1924 is estimated at three million gallons. Deiry Products. MILIWAUICED, Jan. 26.—Storage stocks of cheese are @ quarter of a million pounds lower than a year ago. Wisconsin r ts for the past week décreared 261,000 pounds, cur- rent trading stocks decreased 350,981 pounds, while the apparent Wiscon- sin trade output was 4,129,000 pounds, an increase of 251, pounds for tho week. Commodity Trade News Oysters, BILOXI, Miss., Jan, 26.—Missis- sipp! oysters have been given a clean bill of health as a result of a rigid investigation made by the Missis- sipp! oyster commission which found the bivalves free from contamination or disease germs found to exist in some other oyster shipping sections. ur. 0 ST, PAUL, Jan. —Flour stocks and orders for future delivery at.the Twin Cities flour mills are both large at present. Millers anticipate a sag in wheat prices. Grain. ENID, Okla., Jan. 26.—Members of the Oklahoma and Texas Wheat Growers' association will receive shortly payment of about $2,600,000 for wheat marketed through the or- ganization. This is the third pay- ment on the 1924 crop bringing the total so far recelved to $8,500,000. Automobiles, DETROIT, Jan. 26.—The 1924 sales of the Ford Motor company of Canada comprised 71,726 cars and trucks, of which 37,822 were for ex- port. These figures compared with salés of 19,115 and exports of 37,353 for 1923. f Investment Preferréd Stock Redemption Price. Continuing the discussion of pre ferred stocks and the technical pro- visions that affect them, prospective buyers should look into the matter of the redemption price. Not all preférréd issues are redeemable but @ good many are. This redemption figure {s always expressed in a certi- fieate, Generally it is substantially above the par value. Now the important thing about this fixed price at which a stock is callable is that the market quotation farely goes much above that point. It, for instance, a preferred stock is redeemable at 115 it is not likely to sell at 120, simply ‘because investors a6 fot want to pay a price much above that at which they might be compélled to surrender their hold- ings. It comes about from this that it is often possible to secure a higher return frotn @ preferred issue callable at about thé market price than it is from one non-callable of equal investment merit otherwise. ‘To illustrate take two of the best industrial preferred stocks, United States Steel and Standard’ Ol of New Jersye. The former is non: callablé and the latter {s callable at 118, Security {s about the same in each case but Steel preferred sells séveral points highet than Standard Oll of New Jersey preferred, making the last named give the highet ré- turn. Another important matter rélates to the right to subscribe to new stoek. Ordinarily that privilege is accorded holders of the common stock only but sometimes the pre- ferred shares this right with the common, In the same way voting power generally resides in the com- mon stock only. While to the aver- age small stockholder voting power is of litle moment it does have some value and a preferred stock which possesses it is more desirable than one that does not. One more observation as to these preferred stocks. In a rapidly ris- ing speculative market, one in which common stocks make “new high records” évery day preferred stocks must not be -expected to do the sams. Because thelf- dividend ts fixed their possibilities of price ap- preciation are imited: The fact that a preferred stock of assured’ invest- ment rating does not participate in any such advance {s not to be held against it. What an investor wants s comparative pricé stability; other- wise he fs a speculator, BUSINESS BRIEFS NEW ORLEANS, Jan. 26.—Thoe Mquidation of the Federal Interna- tional Banking company will dis- tribute $3,150,000 among southern wember banks. The bank was or- ganized under the Edge act to finance exports of southern products. Conditions in the south are now £0 heaithy that further operation is deemed unnecessary. DETROIT, Jan. 26.— Industrial employment here increased last week by 2,196 to a total of 206,974, the highest point since last May. These figures compare with 237,813 a year ‘ayo when production was proceeding a! a mad pace in the automobile inaustry. Pronounced improvement in earn- ings shown by Bethlehem Steel in the last quarter of 1924, compared with the preceding quarter, has aroused expectations in the financial district that the report of the United Steel corporation for the same period will be much better than ts generally anticipated. The Chicago, Milwaukee and St. Paul reports net operating income of $2,261,197 for Dacember,, bringing the total for 2924 to $13,972,106 com- pared with | $29,267.712 tn 1923. Gross for the year declinei more than $11,000,000 to $158,206,458. The earnings statement indicated a deficit of $1,800,000 after deducting annual fixed charges of $21,759,000. In 1923 the road reported surplus after charges of $207,000 and in 1922 a deficit of $6,142,000. oil industry on @ sounder investment basis is reflected in the growing tendency of the country’s strongest banking interests to participate in ofl com- pany financing. Wall Street was surprised a year ago when J. P. Morgan. and company entered this fleld by purchasing a large block of Marland Oll company shares, and more recently when another old banking house, Kuhn, Loeb and company, headed a syndicate which floated a bond issue for the Mid- Continent Petroleum <crhoratica, successor to Cosden and company. In previous years, despite the sat!s- factory record of the independent of companies, the more or less speculative character of the indus try had deterred to older banks from. underwriting their securities. ae eget POTATOES CHICAGO, Jan. 26.— Potatoes, early morning treding rather slow, market barely steady; recolpts, 124 cars; total U. 8. shipments, Satur- day 917; Sunday 39; Wisconsin sacked round whites, ordinary, $1.05 @1.10; mostly $1.05; Michigan bulk. Russets Rurals, $1.20; Idaho sacked Russets, $2.40@2.50; fancy, $2.60. WASHINGTON, Jan. 26—Pres!. olidge plans to make a trip to New England, elther in April or in June. —_—— For results try a Tribune Classf fled Ad Renta er de Eile NEWSPAPER ADVERTISING Continued from Page One. reason to help its dealers to merchandise their wares during 1925. “We have prepared a complete dealer advertising service. This service consists of prepared advertisements, mats or electrotypes of which may be obtamed without cost. by “Heywood-Wakefield We urge our dealers to tie-up their advertising with our Eorped cam wien: and the dealer ad service is to enab'e them to advertise in the proper manner to obtain maximum benefit. Thaus- ands of our dealers have already awakened to the value of tie-up advertising, but there are many who are not upon our dealers w J cond only to newspaper advertising in ef- “We also impress window advertising is fectiveness. iso conduct a window display contest during our sprinj ing campaign to stimulate dealer ajority o: Roe? the close of the contest. gent windoy cause they know it pays. “Advertising A free window trim is furnished to out dealers, ‘et convinced. enever possible that We advértis- interest, and we find that in the - dealers do not cease their window advertis- Riri They have discovered that intelli- displays are of great value to them and continue be- at the point of sale cannot be too strongly urged. Heywood-Wakefield believes that best results are obtained from its newspaper advert tie-up and window looking after our own in business that we can Heywood-Wakefield opens in 285 newspapers ru 24, The Casper wood-Wakefield messago to consum ee ees ising if the dealer co-operates, We consider dealer displays an unbeatable team, — interests primarily, but it is a peculiar fact best help ourselves by aan 3 Company's spring advertisin, covering every state in the Union on Feb- Tribune has been chosen to carry the Of course we are each other.” ig campaign ey- ers in this territory. New York Last Sale Allis Chemical and Dye American Can. —- American Car and Foundry American Sm. and Ref. American Sugar American Tel and Tel. ~- American Tobacco --.--..--.- American Water Works ~. American Anaconda Atchison -...... Atif, Coast Line Baldwin Locomotive Baltimore and Ohio Bethiehem Steel --.. California, Petroleum Canadian Pacific -. Central Leather pfd. Cerro de Pasco Chandler Motor - Chesapeake and Ohio ----_2. Chicago and Northwestern __ Chieago, Mil., and St. Paul ptd. Chicago, R. I. and Pac, 2. Chile Copper — Coca Cola -. Colorado Fuel Congoleum Consolidated Gas Corn Products -. Cosden Ol Crucible Steel Du Pont de Nemours — Brie... oon Famous Players =~: General Motors Great Northern p Gulf States Steel Houston Of] Hudson Motors Nlinots Central Int. Harvester Int. Mer, Mar. pfd. Kelly Springfield Kennecott Copper - Loulaville and Nashville Mack Truck Marland Oil -.. Mawell Motors A Mexican Séaboard Oll . Mo., Kan. and Texas Missour! Pacific ‘pfd.’ -. Montgoméry Ward - Naticnal Biscutt — National Lead New York Centra: fA N. ¥., N.H.. and Hartford -. Norfolk and Western ..... North Amertean -. Northern Pacific .. Pacific Oil Pan’ American Pet B -. Pennfylvania -<...-. Phila & Rdg. C. and 1s. Phillipa Pet. “Pure OMl Reading = Rep. Tron and Stee} Reynolds Tabacco B ..--... St. Louls and. San Fran. o--_ Stocks Che Casper Daily Cribune 83% 163% 114 9855 61% 133% Sinclair Con, --.-. Sloss Sheff Steel Southern Pacific Southern Railway Standard O11, Cal. Standard Oll of Stewart Warner Studebaker Texas Co. - Texas and Pacific Tcbacco Products ‘Transcont. Oll ~. Union Pacific «. United Drug ---.-. U. § Cast Iron Pipe —-. U. §. Ind. Alcohol -..---. U. 8. Rubber -. Utah Copper - Wabash pfd. A Westinghou Willys Overland Wookvorth Buckeye ~ Chesebrough Mfg. - escent =. Cumberland Bureka .-. Gal. Sig, Com, Gal. Sig. Old pfd. Gal, Sig. New pfd, {linols Pipe Indian Pipe National Trans New York Transit Northern Pipe Ohto Ol - International Pete Sclar Refg. Pipe Penn, Oil W. Penn Ind. - . Kan. Ken. Ohio . O. Ohio pf. Swan and Finch Vacuum -. Washington 5. O. Neb. Oil Big Muddy .... Mule Creek Sunburst Hamilton Dome Ferris Byron Netches ~-~-------. Pliot Butte Lander -.-- Cat Creek Creek, light . Greybull Torchlight Elk Basin Rock Creek Balt Creek . 60 ut 105 158 Stocks Bessemer Boston Wyoming —. Buck Creek --.. Columbine Central Pipe — Consolidated Fe Cow Gul Doming Elkhort ry Mike Henry --. Mountain & Gulf Picardy Preston Red Bank ~ Royalty and Sunset .-. Tom Bell Roy Western xploration — 2 Western States — 10 ¥, Ol Leas 4 Mountain Producers Glenreck, Ol Salt Creek Prod. Sait Creek Cons. New York Oil Miitual _--. $. 0. Indiana LIVESTOCK Chicago Quotations. 26.—Hogs—Re- ceipts, 86,001 advance over early generally 6 to 10c lower than Saturday; top, $11,00; bulk better grades 260 to 300-pound $10.80@10.95; good and choice. 200.. to 240-pound weight, 10.40@10. bu 160 to 190-pound averages,’ $10.00@10.40; most 130 to 150,pound weight, $9.00@9,.85;. bulk strong weight slaughter pigs, $8.50 @9.00; most packing sows, $10.25@ averages, 10.40; heavyweight hogs, $10.60@ 11.00; medium. $10.00@10,00; light, $9.40@10.50; ight Nght 8.10@10.15; packing hogs, smooth, §10.26@10.50; packing hogs, r $9.75@ 10.25; slaughter pigs, $ attle—Receipts, 17,000; fed vteers and yearlings, 25 to 500 higher, ship- ping demand, broad; killing quality, largely medium to good; kina of value to sol at $9.00 and abave, showing most advance; carly tov, handyweight steers, $11.50; some held higher; 1,500.pound averages $10.90; some about 1,300-pound av- erages, $11.00; numerous _ loads, $7.25@9.00; comparatively LUttle be low,.$7.50; stockars. and feeders, slow on country accounts; offerings In+ fresh: receipts, searce; firm; he stook, trong: to 250, up; bulls, steady, to strong; less desirable quality, con- widered; light vealers, 500 lower; largely 7T5e to $1.00 off on paper; good to choice 160 to 190-pound calves suitable for shipping purposes $11.00@12.60; some upward to $18.00. Sheep—Receipts, 19,000; dull;-fow early sales fat lambs around 25c lower; at $18.00@18.25; several decks y to shippers, 18.75; round y; packers, generally bidding, 18.00@18.25; fully 25¢ lower; » fat sheep, steady; bulk fat ewes, $10.00 @10.50; feeding lambs, steady to strong; most sales, $17.00@18.00, Omaha Quotations. OMAHA, Neb,, Jan. 26.—Hogs— Receipts, 18000; slow, mostly 15c lower; bulk, 200 to 250-pound but- chers, $10.10@10.55; top, $10.60; de- sirable 160 to 210-pound weights, $9.60@10.10; cood 140 to 150-pound selections, $9.85@9.50; packing sows, $9.85@10.00; feeder pigs, $6.50@7.25; bulk of all sales, $9.75@10.50; aver- cost Saturday, $10.34; weight, . 7,000; fed steers ately active, 15 $7.00@9.00 few stock active veals, active bulls, dull, weal, tockers and feed bulk butcher cows ers, fully steady and heifers, $4.50@ 75@ 3.90; ; canners and few bologna s, $3.50@4.00; practical veal top, $10.00; stockers and feeders, $6.00@ 67 Sheep—Receipts, 8,500; killing Sales fed western some held high- y ewe top feeders, steady; rly sales lambs, $17.00@ DENVER, Colo —U. § rtment of siture.)——Hogs ceipts, 900; y weak to 10c lower; 230 pound drive-ins, $10.55; other 190 to 225 drivo-ins, $10.00 to $10.50; several loa 210 to 225 pound Averages, $10.50; and Ught butchers, $10 ; pigs and packing sows, steady; packing 80 mostly $9.00 to $9.25; fat pigs: | $8.50; Nght killers down to $6.60; better grade stock pign, $6.00. Cattle—Recelpts, 1,600; calves; 100; bulls, steady to strong; common steers, 50c higher; other classes, gen- erally stead: no fat steers. sold early; everal loads better grades fat cows to packers and California buy: ers, $ to $5.50; several ‘loads heifers; $6.00 to $7.00; canners\and cutters, mostly $2.25 to $3.35; desire abie vealers, $10,00; feeder ’ lots; $10.50, Sheep—Receipts, 18,000; run in cluding 32 doubles on through bill- ing; 40 cars on e#ale including six loads fat ewes; bidding 26¢ lawe one load 92 pound lambs, $17.26 flat; cars averaging §&3 pounds, » freight paid. - Jt is estimated that when a golf: er ike Mitchell or Duncan drives a ball it travels at the amazing speed of 250° fest w shcond; and that, in his longest drive, it is less. than’ four abconds in the air, How great this spoed is can better. be realized when if is considered that a fast) race: horse, which takes # second to cover 61 feet, travels only one-fifth Grain NEWS AND QUOTATIONS BY LEASED WIRE STOGK PIGES ARE IRREGULAR Domestic Oils Firm but For- eign Issues Show Reaction- ory Tendencies NEW YORK, Jan. 26.—Uneven price movements characterized to- day's stock market. Textiles were It. quidated freely on rumors that ser- fous labor troubles were threatened as a result of recent wage cuts, but ils were under steady accumulation in reflection of gasoline and crude oil price advances, Total sales ap- proximated 1,600,000 shai Stock prices dlaplayed conaider. able irregularity at the opening 6f today’s market. Commercial Sol- A soared 10% points to 150, a record top. Sears Roebuck ad- ‘anced two points and Coca Cola one. American Woolen was again under pressure, dropping two points. Domestic oils were firm but the for- eign issues showed reactionary tendencies, : The sensational advance of the Commercial Solvents issues over- shadowed all other developments in the early trading, the A stock ex- tending its gain to 15% points by touching 165% and the B stock soaring 18% points to 158%. Pah- handle Producers and Refiners pre- ferred, ordinarily inactive, sold seven | points above its previous quotation. American Agricultural Chemieal pre- ferred advanced 2% and Laclede Gas 2%, while U. 5, Cast Ifon Pipe, “Katy” common, Cosden and Tide- water Oils, Savage Arms and At- lantic Coast Line advanced a point or more. Jersey Central broke four pointe and losses of 1 to 11% were registered by American Woolen pre ferred, Woolworth and Cushman's Bakery. Foreign exchanges opened st , demand sterling opening un- changed at $4.79%. Steady accumulation of the oll shares in reflection of recent gaso- line and crude oil price advances continued throughout the morning despite the heaviness of the steel motor and textile issues, which reg- istered losses of one to three points. Bullish dembnstrations also were conducted in a few specialties for which there is ordinarily a thin mar- ket. Commercial Solvents A, ex- tended its gain to 19% point: Fidelity Phoenix moved up 9%, Con- tinental Insurance 7%, Laclede Gas 6%, and National Cloak and Suit 5%. Towards midday a good de- mand. developed for some of the low priced carriers, the “Katy,” Frisco and Seaboard Airline issues moving up-one to two points. This brought about some covering in the indus- trial st with trading moderate in volume. Call money renewed at 3 per cent. Resumption of active selling of the American Woolen shares, which de- clined 5 and 6% points respectively, cause some unsettlement among the other industrial Issues after mid- day. Nash Motors broke 1{% to 235 and General Electric, United Drugs, Associated Dry Goods and Manhat- tan Blectrical Supply ylelded two to four points. Meantime the oils and southwestern rafiroad shares were strongly supported and when they subsequently moved into new high territory, the general list began to show some rectiperative power. ‘The closing was frregular. Ameri- can Can was bid up to 166% but slipped back Jater when heaviness developed in the general ist on the marking up of the call money rate to 4% per cent, MOWEY ) NEW YORK, Jan. 26.—Call money strong; high 4%; low 3; ruling rate 3; closing bid 4%; offered at 4%; Inst loan 414; call loans against ac ceptances Time loans steady; mixed collateral 60-90 days 34% @3%; PAGE SEVEN Livestock :: All’Markets || ie WH EAT PRICE Ratification Of — |m*sn,2 prgiting tor, tury tab Child La bor Law H. B. 32, by the judiclary com- mittee, to amer and reenact sec- Loses in Texas TONEW heh Upturn in Liverpool Quota- tions Give Stimulus to May Buying Highest prices yet this season Were reached today by May wheat, the chief speculative delivery. Ad vances ranging from %c to l%c took place as soon as trading began, an upturn in Liverpool quotations giving a decided stimulus to fresh buying here. Profit taking sales, brought about a reaction to below Saturday's finish, but rallies to above the initial rangé ensued. Opening figures were $1.96% to $1.96% for May and §$1.71% to $1.71% for July and later bulges catried May to $1.96%. Liberal receipts of corn had a de: pressing @ffect on the corn market and on oats a8 well. Aftér opening unchanged to %c lower, May §$1.92% to $1.92%, corn underwent’ a mod erate general setback. Oats started unchanged to %o off, May 61440 to 61%c, and then showed losses all around. Provisions were without material change, Subsequently the wheat market moved up to §1.97% for May. Mean- while all deliveries of rye established a new high price record for the sea- son. Durlng the later dealings how evet, Incteased profit taking sales, together with corn market weakness led to setbacks in wheat valuen. Wheat closed unsettled at 1%c net decling to 1%e gain, May $1.96% to $1.96% and July $1.70% to $1.70%. Wenkness of the cash market be- came pronounced later and brought about a sharp break {n the price of futuré corn déliveries, The close was nervous, lc to 240 net lower, May $1.30% to 1.30%. Wheat— Open High Low May -. 1.95% 1.940 July 225 1.71% Bept 0 1. Close 1.96% 10% 55% 1 20% 81% 82% 39% 60% 58 60% 614 58% 1.75 1.76% 1.56% 1.59 1.82% 1.92% Sept «... Lard— 1600 16.02 15.95 15.97 4-6 months 3% @4. Prime commer- clal paper 3% @3%. | METALS | NEW YORK, Jan. 26,—Copper steady; electrolytic spot and nearby 14% @15; futures 15, Tin firm; spot and nearby 5 futures 58,00. Iron steady mber 1 northern $24.50@$25.00; number 2 northern $23.604722.00; number 2 northern $20.50 @21.00 steady; spot $10.00, Zine at St. Loulé spot and fu- spot $16.50 316. Foreigh Exchange NEW YORK, Jan. 26.—Foreign ex- changes steady. Quotations in cents: Great Britain demand 479 5-16; cables 479 9-16; 60 day bills on banks 476 3-16. France demand 5.30; cables at 5.30%. Italy demand 4.134%; cables 4.18%. Beleium demand 6.12% onbles 5.13. Germany demand 23.20, Holland 40,29, Norway 16,30. Sweden 26.93. Denmark 17.85. Switzerland 19.80. Spain 14.29. Greece 170, Po- lond 19%, Czecho Slovakia 2.9714. Jugo Slavin 164%. Austria .0014% Rumania 52%. Argenta 40.37. Bri ail 11,75, Tokio 38%: Montreal 99 27.32 TOQO LATE-TO CLASSIFY LOST—Small black leather handbag trimmed with steel beads, contain- ing keys and other articles. Lost on East Second bus Saturday eve- ning. Phone 1706NW,. FOR SALE—Shampoo board, Shel- ton hair dryer, 6n easy payments Phone 178d. LOST—Bilack sult case, with glove samples. Return-to Casper Whole sale Paper Co. Roward. 16.50 16.55 16.40 16.45 AUSTI 26.—'The senate gisiature to: day rejected ratification of the fed eral child labor constitutional amend ment, 20 to 2 WITH SOLONS IN CAPITOL TODAY Continued from banks” and “bad banks,” but or good banks. It is no fault of public that the good bankers of the state have been made to suffer by the acts of others in the tame line of butiness, who’ could in Page One the fo sense be classed as good bankers, that simply their misfortune and th must bear it. The good bankers of | the state must come forwa r place at the service of the law ers all the knowledge and ence they have gained in tl nese. The legislative commitfoes are at expe tr bisl- work at present, digesting a ma of suggestions and” Proposais, as usual they cover @Wide range of practicability and impr: abil i a It is possible Dut oF it all that tisfactory law MAY be evolved The state banking department has submitted a voluminous bill, ing tho present laws from the stat ute books, and enacting & new codo sutmounting present ovils, the whole being patterned after of other states, in relatively our situa tion and In whieh stitt§s these codes have proven st W}. This partle. ular bill ts receiving careful considers ation. cep. the. codes Mr. C. W. Erwin of Lusk, a bank er of wide experience and former bank examiner for tho state of Ne- braska, was before the committee made a suggestion that mot with considerable favorablo comment Mr. Erwin’s plan is a state recerve bank, An { the plan may be the caption, which is gained from as follow , ‘A bill for an act to create the State Reserve bank, defining its cap- {tal, how the samm shall be provided and making apprepriation therefor, prescribing the number of dir: hew they shall be elected, pre scribing for the management of such bank, defining the duties of direc- tors and officers, defining the pow- ers and duties of such state reserve bank, and making obligatory upon state banks to be members of « state reserve bank, to subscribe to 18.60 16.00 16.00 16.92 15.92 Be'lies— Jan. 17.55 May «. 17.05 CHICAGO, Jan. 26.—Wheat, num- ber 2 red 62.10; number 2°hard $1.92. Corn number 3 mixed $1.144@ $1.17%; number 8 yellow $1.19@ $1.22%. Oats number 2 white 57@58t%c; number 8 white 54% @57c, Rye, number 2, $1.70. Barley, 90@99c. Timothy seed $5.75@$0.60. Clover seed $25.0014$33.00, Lard 15.97. Rubs $15.62. Bellies $17.60. Se Butter and Eggs CHICAGO, Jan. 26.—Butter, high- er; creamery extras, 37% stand- ards, 37 extra firsts, 3644 @37o; firsts, 835@36c; seconds, 32@34.c Eggs, steady; receipts, 4,974 cases firsts, 550; ordinary firsts, 50@5ic; cefrigerator firsts, 44@45c. NEW YORK, ady, receipts or than extras 381% @39o; ditto extras (92 score) 89c; ditto, firsts (88 to 9 score) 3637140; packings stock, cur- rent make, number 2 2 2 Eggs steady, receipts 6.282; fresh gathered extra firsts 57@68o; ditto, firsts 55@66c; ditto, seconds 62@b4c; nearby hennery whites closed select- ed extras 62% @630; nearby and nearby western -hennery whites firsts to average extras 59@62c; near by hennery browns extras 62@630; Pacific coast whites, extra 60@61c ditto, firsts to extra firsts 59@ 690; refrigerator firsts 48@49e. Cheese steady; recelpta (78,006 pounds. State, whole milk flats, fresh fancy to fancy specials unquot- ed; state, whole fanoy to fancy. specials at tho capital thereof, providing for the supervision of state banks and au- thorizing the directors of tho state reserve bank to provide rules and regulations therefor, and vesting the dutier and requirements now im por? lay upon the state exam- iner ' erformed by the state reserve bani, to act as receiver for closed banks and close the affairs of such banks ) a agent of the state its political subdivisions, to the capacity of a state depository for public funds, Custodian of state in vestments and@ securities, to act as a depository ter securities pledged for public fund deposits, and to be the resérve agent of state banks and defining its method of investments Authorizing the writing of Fiduciary bonds of state, county, school dis- trict and municipal officers. Fixing the reserve to be carr by sald state reserve bank, authorizing such bank to buy and sé 8 at will and ini i The pro stock at $ of the state treasu the bank quarte The details are ing about every to ari 8 The no 1 | which was -rampat | of the session seems to have been abandoned as unworkable and unde: sirable. Much has been learned re kpecting guara from the ¢ ri ence of adjoining tes, wher it has operated. In no’ stato, s of local conditions, can tnty laty be sald to be suce operation Within the next we thought 1 banking bill the hé a pr l be laane is Passed, ind passe & impe ditto, average run 24@26c eaten Market Gossip , OU Summary. | Unidn Of] company gets Rosecrans No, 1 in Maxwell area with initial output 1,850 barrels of 89 gravity oll, Js largest producer in this fleld.| Southern California off ouput Jan: | uary 4 averagéd 327,000 barrels, daily decrease 6,200 from preceding week. H. ¥. Sinclair in Tulsa. predicted higher prices for crude oi! and says he is optimistic as to near future of ofl industry. Marland Oi! of California has brought In 1,000 barrel well at 4,200 feet in Dominguez field in Califor. nia on leaso which had been aban-| doned by Standard Oil of California Wortham pool output Sunday 121,000 barrels againat a peak pro- duction of 167,000 January 15. Américan # Insiders have been the biggest buyers of Standard oi! stocks. —- For results try a Tribune Classified | a standir follows H. B. 23. 6709. and Compiled ; ‘H ¥ rt ether fudiciary com | Relieves Rheumatism Mustcrole loosens up stiff joints and drives out pain. A clean, white oint- ment, made with oil of mustard, it ‘usually brings relief as soon as you start to rub icon, Tt does all the good work of the old- fashioned mustard plaster, without the blister, Doctors and nurses often rec- ommend its use, To Mothers: Musterole is also made in milder form for babies and small children. Ask for Children’s Musterole. 358 65c in jars & tube: ETTER THAN A MUSTARD PLASTER Jin ¢ (Hay Grain Salt i] 268 tlon 6690, Wyoming Compiled Stat- item 1920, relating to the probating f a will, when there ts no contest H. B, 33, by judiciary committee, @ to aniend and reenact section 7507, Wyoming Compiled Statutes 1920, relating to defendant testifying in > riminal cases. Underwood for Governor, The house was entertained by.the ; Willlam ¢ Hon Deloney of Téton yr » & former meniber of the body d one noted for His wit and eloquen He took deca sion to boom Mr. aker Under fy weod for governor i two years henoo. Underwood for becoming the campaign This naming Mr. the governorship | is? more and. more frequent currence. It emanates from part of the state nor particular clique or fa i we no particular from any tion Rather, it seems to come spontaneously from every section the comn ‘nwealth, and to be sin. cer enker Underwood, as best. r an discourages the idea, bu t prevails in spite of his efforts. There Is no gainsaying the fact that ~” the speaker is eminently qualified in® every particular, the type of man, who appeals strongly to all the com-” ponent parts of the Republican / narty. P unassuming, capable, ° wise and with a thorough knowledgo the je business, He ts a stockman, @ native son worker for the good of ind his honesty and sin ritten all over him. it iy yet early to be grooming! natorial candidates, it will be’ found that the people of the sated] will be v y sttong for Mr. Under wood when the proper time arrives. ond of Lavoye. As Since the word came trom Wash-; ington that the Intreior departmen' had declined to extend any further, . hearings in the Lavoye townslt®s wittter, and had done it In wWordsy. and language full of meaning, and, turther, that the Cepartmnent of jus- fee had determine’ to proceed aty- once to clear the property of thosen. Sccupying it under sufferance, thereot is n great deal of interest here, aseo to what excuse there will be forhe those who find themselves in ¢on-n- tempt of the federal court for their failure to remove from the land when 80 ordered by this court. While District Attorney Walton under orders from Judge Kennedy has cited only five offenders for cont? tempt—J. BE. Scott, Barl Boyle, A. 8 Brown, L. C. Ward and Mosher Mer. cantile company, there are sixty-five others in exactly the same asiutation, and subject to the same penalty. 5 The ilfame of Lavoys, as theg Sedom of Natrona county, hag spread to all parts of the state, ants beyond, and self-respecting citizens, e here will rejoice that a pa Uent government has finally aroused itself to remove this blot upon the excutcheon of a proud county, anc restore the land upon which ft t» located to its legal and rightfu’ owners. der circumstances which have obtained for so long a time, those so Inclined have taken advantage of the complicated situation respect Ing tho title to the property, an¢ have made of the community a vbr; wide open and wicked place. Of ficers of the law also, looked wit! unseeing eyes upon the disregard o the statutes, Everybody waiting for final decision of the intertor de partment, Now that it has come and is final, there will be court pro ceedings and exodus from Lavoye and it is doomed to fade from thr earth, to be succeeded by works oF Industry and greater usefulness. pe The Maorl members of the Nav land Ail Blacks, the famous Rug team which is about to begin « tour of Canada after its triumphan invasion of Great Britain, come o a tribe noted for their hardiness an agility. Try This For NEURITIS "Neuritis may single nerv be @ or may alized general, large n of nerves. and lasting reliet pha the past fev nt-Hase—4 dy that, whe ted parts f uke right s left on the ring housands of tu 0 cents at J live 4 1g Cotton Cake Chicken Feeds Choice Alfalfa and Wheat Grass Hay Carload Our Specialty Casper Warehouse Co, Phone 27 INDUSTRIAL AVE ERR Coal Creek Coal $8.50 Per Ton. Mine measure Moore & Morris Phone 17J4